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xmm
HUNT'S MERCHANTS* MAGAZINE.
REPRESENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OF THE UNITED STATES

VOL.

NEW

30.

X.

&

N.

PHELPS,

Co.,

52

YORK.

45 TTAtl. ST., NBTT

COMMERCIAL. CREDITS,
hi Dollars for

NO.

1880.

use In United States, Cuba, *c..

Founds Sterling, aTallablo Inany part of the world.
Also, TRAVELKKS' CREDITS and

OIRCITI.AR NOTESi

775.

Financial.

&

Jesup, Paton

BANKERS,

*A*lp8 STOKES,
iSfSON PlIBLPS STOKBS.

1,

Financial.

Financial.

Phelps, Stokes

MAY

YORK,

BANKERS,
William Street, New

Co.,

Kountze Brothers,
BANKERS,

YORK.

N E W^
York.

Accounts and Agency of Banks, Corporations,
Brms and Individuals received upon favorable terms.
Dividends and Interest collected and remitted.
Act as agents for corporations in paying coupons
and dividends^ also as transfer agents.
Bonds, stocks and securities bougkt and "sold on
commission.
Bound railroad and municipal bonds negotiated.
Sterling exchange bought and sold. Drafts on
Dnion Bank of London.

LETTERS OF CREDIT
AND

CIRCULAR NOTES
Issued for the use of travelers In
all

parts of the world.

drawn on the Union Bank of London
Telegraphic transfers made to London and to
Bills

various places In the United States.
Deposits received subject to cheek at sight, and In-

Banque

John

Anversoise,

Centrale

Antwerp.
Faid-Up Capital,

- -

9,000,000 Francs.

Otto Gitntukr (CornelUe-Davld).
£lflLB DB OOTTAL.
Ad. Frank ( KranK, Model * Cle.)
Auo. NoTTEioHM (Nottebohm Freres).
Fb. Dhanib (Mlchiel9-Lo08).
Job. Dan. Fuhemann, Jb. (Job. Dan. Fabrmann).
Louis Wbbhb (Ed. Weber & Cle.)
JuL«8 Kadtknstbadoh (C. Scbmid & Cle.)

potter,

Piost.

J. J.

Cashier.

Maverick National Bank,
BOSTON,

NEW YORK AND

$400,000
400,000

COLLECTIONS a specialty.

NEW YORK HOUSE

paper discounted,

H. Taylor

L.

Interest allowed on deposits.
Investments carefully attended to.

Oilman, Son

LlNDLEY HAtNKS.

&

Co.,

SOUTH THIRD STREET,
PHILADELPHIA.

Deposits received subject to check at slKht, aRd
Interest allowed on dally balances.
Stocks, Bonds, Sec, bouKht and sold on commission
in IMiUudelphia and other cities.
Particnlur attention >fiven to Information regard-

ng Investment

WAL8TON

Transact a f^eneral banking and brokerage business in Railway Sbares and BoDda and GoTernment

Cor-

Bankers and Broker*,
138

H.

Securities.

BRCWV.

rOED. A. BROWX.

62

BANKERS,
Flue Street, New

&

Jones,

No. 19 William Street, New liork.
GOVERNMENT BONDS, STOCKS
AND. INVESTMENT SECURITIES
BOUGHT AND SOLD ON COMMIS.SION.
8PECIA1- ATTENTION GIVEN TO
ininiNG STOCKS.

Wm. m. Lest,
B. HINCKLEY.
San Francisco.
L. M. J ones,
(Special.)
Member N. Y. Stock Exchange.

York.

Y. Mining Stock Exchange.

Wm. F. owexs,

Geo. A. Mercer.

N. Y. Stock Exchange.

Owens

&

Mercer,

BANKERS

RAILROAD SECURITIES.
BANKERS ,\.ND COMMISSION MERCHANTS
3 Ezchanse «oart, N ew York.

BANKERS,
CEDAR STREET.

Hinckley

Member N.

Co.,

BANKERS AND BROKERS,
New York.
STOCKS ANP BONDS BOUGHT AND SOLD ON
COMMISSION.

COMMERCIAL PAPER NBGOTIATBD.

Trask

&

Francis,

BANKERS AND BROKERS,
70 Broadway & 15 New St., New York.
also.
Cor. MArDKjT i«ase i James St., ALBANY, N. YTransact a General Banking Business.
STOCKS and BONDS Bought and Sold on Commission, and carried on Margins.
Deposits received and Interest Allowed.

STOCK AND BOND BROKERS,
24 BROAD ST., NETO^ YORK*
Stocks, RaMroad Bonds, Goremments. and all Be*
New York Stock KzobanKe
bouKhtand sold for InTestment or cairled on marcurlties dealt In at the
gin, strictly

on commission.

Coleman Benedict,
Jas. McGovern, Jb.
Member N. Y. Stock and MininK Exchanges.

ties

SPECIAL ATTENTION GIVEN TO THE NBOOTIATION OF

&

Co.,

Coleman Benedict & Co.
Co.,

In addition to a General Banking Business, buy
sell Qovernment Bonds and Investment Securi-

Member

R.T.Wilson

&

and

Walston H. Brown & Bro.
11

No. 45 Wall Street,

rE8tabllaliedl854.]

&

se-

S4 W^all Street,

H. II. Hollisteb.
b. Holmes,
S. H. Donan,
Members of New York Stock Exchange.

Gwynne & Day,

on balances.

Sand Brothers

Robert

Business from Banks

IiKWis H. TAYLon, JK.

BALTIMORE HOUSE:
21 Soutb Street.

:

43 New^ Street.
H. H. Hollister,

sollcltet

Satisfactory business
reapondence Invited.

BALTIUIORE.

securities.

CAPITAL,
SURPLUS,
nd Bankers

Co.,

terest allowed

Oovornment and other bonds and Investment
curities bought and sold on commission.

Stocks, Qovemments and Miscellaneous Securities
bought and sold on commission.

A
Kddt

&

BANKERS AND BROKERS,

OBNBRAIi BANKING BrSINESS.
p.

Son,

BANKERS,

H. H. Hollister

BOARB OF DIRECTORS
G.BI8AR, President.
ALrKKD llAQiriNAT (OralT * MaqnlnaT), VIce-Pre«
J. U. Von dkb Bkckb (H. Von der Becke).

Asa

&

Cisco

No. 69 TTall Street, Neir York.
DKPOSIT8 KECBIVKD SUBJECT TO CHECK AT
SIGHT, AND 1NTKKK8T ALLOWED ON DAILY
BALANCES.
GOVERNMENT BONDS. STOCKS AND ALL INVESTMENT SECURITIES BODOHT AND SOLD
ON COMMISSION.

F»Lll

TRANSACTS

J.

T

AND COMMISSION STOCK BROKERS,
Exchanse Court and 52 Broadnray.

Interest allowed on deposits, to be dniwn iit will
Also. Contracts made and carried in Now York
issue a Daily
Cotton and Produce Exchanges.
Letter which will be sent on application.

We

R.

JT.

Kimball &"

Co.,

BANKERS and BROKERS
4 Exchange

Co:%rt,

It jrtart memitrthip !n

(V.

New

York.

Y. Sttck Exckangt.

Buy »nd

Sell tH Cemmitsion^ /or CatA, *r »»
Margin, Stocks, Bonds, and all Invtttwunt

SeturiiUt, in

tolt to tuil,

R. A. Lancaster & Co.,
BANKERS AND BROKERS,
66 BROADWAY, NEW YORK,
DEALERS IV
Flrst-OIaiiii luveNCinciit

Securities.

G )VK1{NMKNT BONDS, STATE. CITY, COUNTY,
RAILROAD A MiSCKLLANEDlJS SEUlIKITiSS
Bought and Sold on Commission.
Uroinia Tca-Beeeivable Coupon* Bought.

SOVlBERN SBCVRITIE8 A SPECJAllT.
LOANS NEGOTIATED.
INTIRKST Allowed on Deposits.

THE CHRONICLE.
Canadian Banks.

Foreign Bankers.

Merchants' Bank

Nederlandsche

OF

Handel-Maatschappij,

Foreign Exchange.

&

Morgan

Drexel,

Co.,

WAIili STREET,
CORNKR OF BROAD, NBW YORK.
Drexel
No.

SI

&

Drexel, Ilarjes

Co.*

SorTB Thibd

St.,

SI

&

CANADA.
C«

Bonlevard HaaBsmans

Pblladelpbla.

Secarltles, Qold,

4c.boiifftatand801donGommtBsion. Interen allowed
on DepoBlta. Foreign KzchaiiRe. Commercial Cre<llt«.
Circular Letters for 'i'ravelera.
Cnble Tnnafers.
nraluble In all parts ef ttae world.

ATTOKffSTS AITD AGISTS OF
Messrs. J. 8.
tc CO.,
No. *8 OLD BROAD ST., LONDON.

noROAN

Brown

&

Brothers

WALL

No. 59

Co.,

SEI-L

STEltUNa,

/.V

And

ANY

In Francs, In

I'AUT OF

change, Cable Transfers, issues Credits available In
all parts of the world, makes collections in Canada
and elsewhere, and issues Drafts payable at any of
the offices of the bank In Canada. Demand Drafts
Issued payable In Scotland and Ireland, and every
description of foreign banking business undertaken.

Martinique and Guaduloupe.

Collections of Drafts drawn abroad on
points In the United Btatcs and Canada, and
of Drafts drawn In the United States
on Foreign Countries.

S.

G. C. Ward,

28 STATE STREET, BOSTON.

&W. Seligman& Co.,

Nos. S9

&,

Issue Letters of Credit for TraTelerg,
Payable In any part of Bnrope, Asia, Africa, Anstralls
sad America.
Draw Bills of Exchange and make telegraphic trane*
fert of money on Europe and California.

&

Co.,

No. 8 Wall Street, New York,
4 Post Office Square, Boston.
CHEQUES AND CABLE TRANSFERS ON

MUNROE

& CO., PARIS.
BTBRLINQ CHEQUES AND BILLS AT SIXTT
DASrS' SIGHT ON
ALEXANDERS & CO., LONDON.

&

Stuart

fob Tbatxi.bks.

&

Co.,
J.
NASSAU STREET.
BILLS OF EXCHANGE ON
33

SMITH, PAYNE

SMITH'S,
COUNT* BANK,
tc

BANKERS, LONDON

MANCHESTER

tc

STREET.

61 IITALL

London

No. 9 Blrehln Lane.

Office,

EDINBURG, AND BRANCHES;

BLAKE BROS. * CO

Hong Kong &

Shanghai

CAPITAL (paid-up)

HEAD

»5,000.008
1,500,0(X)

BONO KONO.

OFFICE,

The Corporation grant Drafts and negotiate

or

Bombay, Calcutta, Singapore,
Araoy
Ningpo, Shanghai, Hankow, Yokohama, Iliogo, San
Francisco and London.
collect Bilfa payableat

Hong Kong, Foocbuw,

SalKOn,

Manila,

JOHN

TT ALTER, Agent, 59 ITall

St..

ICnoblauch
Lichtensteih,

BANKERS,
ExcbauKO Place.

YORK,

Money Transfers.

Bills of Exchange and Issue Letters
oi Credit
principal cities or Europe.

SPECIAL PARTNER,
DEUTSCHE BANK, Berlin.

The Nevada Bank

No. 52

Agency, 62 Wall Street

Invested In U. S. Bonds,
93,500,000 Gold.

North America,

British

GEORGE

WALL STREET.

Buy and sell

Sterling Exchange and Cable TransIssue demand drafts on Scotland and Ireland,
on Canada, British Columbia, Portland, Oregon,
and San Francisco.
Bills collected and other banking business transfers.

also

L.

BRANBER, Agent

Issues Commercial and Travelers' Credits available
In any part of the world. Draws Exchange, Foreig
and Inland, and makes Transfers of Money by Telegraph and Cable. Gives special attention to Gold
and Silver Bullion and Specie, and to California
Collections and Securities
and arranges to pay
;

acted.

D. A.

—' -

MCTAVISH,! Agents.
,„„„,. 3-

LAW80N,
_ W.

.

'i

Imperial Bank of Canada
Capital,
H. 8.

$1,000,000.

HOWLAND, President

HEAD

;

D. H.

WILKIE,

Bbanohbs:

CATHARINES, PORT COLBORNE, ST. THOMAS
rSQERSOLL, WELLAND, DDNNVILLE, FERGUS.
Agents In LoBdoB

:

I

Agents

in

Dividends on such securities at due dates.
Bankers, London, SMITH, PAYNE & SMITHS.
do
do
UNION BANK OF LONDON.
do New Y'ork, BANK OF
YORK, N. B. A.
do
do AMsaicAN Exchange Nat. bank.

NEW

THE

Cashier

OFFICE, TORONTO.

New York:

A Co.,
BANK OF MONTRBAL,
93 Lombard street.
59 Wall street.
Promptest attention paid to collections payable in
any part of Canada.
Apnroved Canadian business paper, payable In gold
or currency, dlst-ounted on reasonable terms, and
proceeds remitted to any part of the United States bj
gold or currency draft on New York.
BOSAMQtTBT, SALt

Anglo-Californian Bank
(LIMITED).

LONDON, Head OtBce, 3 Angel (;onrt.
SAN FRANCISCO Office, 422 California

NEW YORK Agents,
BOSTON

St.

& W.

Selieman &, Co.
CoiTCspond'ts, Massachusetts N. B'k.
J.

|

Authorized Capital, Paid up and Reserve,

$6,000,000.
1,700,000.

-

Transact a general banking business. Issue Commercial credits and Bills of Exchange, available in
all parts of the world. Collections and orders for
Bonds, Stocks, etc., executed upon the most favor-

FRED'K F. LOW,
IGNATX STKINHART. Managers.
LILIENTHAL, Cashier.

ableterms.

i

Nederlandsch Indische
Handelsbank,

AMSTERDAM, HOLLAND.
Paid-up

BSTABLISBED IN 1863.
Capital, 12,000,000 Guilders
($4,800,000 Gold.)

HEAD

Draw

California Banks.

Surplus,

OF

ALSO.

IhXLK TRANSFERS AND LETTERS OF CREDIT

>D all

N. Y. Correspondents.—Meun.

[

NATIONAL BANK OF SCOTLAND,

NEW

AMSTERDAM, HOLLAND

New York

Bank

Foreign Banker§.

BELFAST, IRELAND;
AND 0» TUB

ttake Telegraphic

BANKERS
AUD

OF SAN FRANCISCO.

AGENCT OF THE

;

ULSTER BANKING COMPANY,

St., cor.

New Tork.

142 Pearl Street

;

j

MANCHESTER, PAT ABLE IK LONDON

WUIIam

America

Adolph Boissevain & Co.

OFFICE,

Buy and sell Sterling Exchange, Francs and Cable
Transfers grant Commercial and Travelers' Credits
available in any part of the world issue drafts on
and make collections In Chicago and threughout
the Dominion of Canada.

"LIMITED;"

&

J

RESERVE FUND

Dealers In American Currency and Sterling Exchange.

J.

Office,

tor

%

1879.

1,

BANKING CORPORATION.

ST.

CBKcm

STANTON BLAKE,
HENRY E. HAWLEY,

YOEK, January

President.

Walter Watson,! Agents,
»„„„,.
-j

BANKERS,

CswmLkt. Noras aicb

Niw

COMMISSION MERCHANTS

$12,000,000, Gold.
6,000,000, Gold.

NEW YORK

S9 EXCHANGE PLACE,
CORNER BROAD STIiBBT, NEW YORK..

No.

;

;

BARING BROTHERS & COMPANT,
62 WALL STREET. NEW YORK.

John Munroe

($14,400,000, Gold.)
Execute orders for the purchase or sale of Merchandise, Bonds, Stocks, and other securities. In the
United States, Europe and the East make Collections
buy and sell ForelKn Exchange, and give advances
upon Merchandise for Ex»ort.
OLIVER S. CARTER, ) Agents

.

(

SMITHERS, General Manager.

C. F.

all

AeZNTS roB

J.

JR.,

A.LANG,

&

G.

-

GEORGE STEPHEN,

and other countries, throngh Ixmdon
and Paris.

Make

HARRIS

1824.

Pald-np Capital. 36,000,000 Florins.

Bank of Montreal.
SURPLUS,

OF

this

)

B.

THE WORLD. CAPITAL,

TRANSFERS
MAKE TELEGRAPHIC
HIONKY
Between

Manager.

LONDON, ENO.— The Clydesdale Banking Comp'y.
NEW YORK— The Bank of New York. N. B. A.
The New York Agency buys and sells Sterling Ex-

JOHN

OF EXCHANGE

IN

ESTABLI8ED
ESQ.

OFFICE, MONTREAL.

GEORGE HAGUE, General Manager.
WM. J. INGRAM, Asst. General
BANKERS

ON GREAT BRITAIN AND IIIKLAND, FRANCE,
GEKMANr, BELGIUM AND UOLLAND.
Issue Commercial and Travelers' Credits
AVAILABLE

OF HOLLAND,

Neiv York Agency, 48 Exchange'Place.
IIKNRY HAGUE.
,.
Agents.

ST., N. ¥.,

AND

BITY

B11.1.S

JOHN HAMILTON.
Vice-President, JOHN MCLENNAN,

The Netherland Trading Society

President, the Hon.

HEAD

DOMR8TI0 AND FORKIGN BANKKR8.
Draft.

$5,500,000 Paid Up.

Capital,

Paris.

DesMlU received anbject to

XXX

Vol.

OFB'ICE IN AMSTERDAM.
Agencies in Batavia, goerabaya and Samarang
Correspondents in Padang.
Issue commercial credits, make advances on ship.
ments of staple merchandise, and transact othei
business of a Bnanclal character in connection with
the trade with the Dutch East Indies.

BLAKE BROTHERS

tc CO.,
Agents for Nobth America,
84 wall street, new york,
28 state street, boston

P. N.

Financial.

New

York,

New England & Western

INVESTMENT

CO.,

PINE ST., NEW YORK,
CONGRESS STREET, BOSTON.
BUILDING,
CHICAGO.
UNION
Nos. 31
No. 19

AND

33

CAPITAL STOCK,

$200,000

-

Offers to Investors carefully-selected securities
to 8 per cent interest. Investment
bearing from
securities bouKht and sold on commission. Settlements made for liolders of defaulted Hscuritles.
Will act as agents in funding and reorganizing debts
of municipalities, railrrwd companies, and other

corporal inns.

Correspondence

solicited.

John C. Shout, President.
^ Yni.if
GEonoK W. DEBEVoitjE. V.Prea. J^ew low.
HuBBAKD, Asst. Vioe-Pres., Boston.
IjUCiXJa
Wm. P. Watson, See. and Treas., Chica«:o.
)

I...

Mat

THE CHRONICLE

1880.]

1,

Financial.

Financial.

BONDS OF SURETYSHIP

FIDELITY GUARANTEE BONDS

For

and Employoon of Bank
and ICaliwnys.

IlAII.ROAII EMPLOYEE NEEU AAK UIH
Fhiehus to rkcome oh Continue Uis
8UUETIE8, AS THE

Canada Guarantee Co.
This company's Suretyship is iiccoiitort by many
of tho principal U. H. Uailruail Coini>anles and somo
of the Banks. In Canada its BondH are now almost
untvorsally reqnired by the (J(»vornment8, Banks.
Hallways, and Commercial Institutions.
TlIK CANADA (illAKANTKK COMl'ANV is tho rtnlu
Company on tho American ('ontinont that has
Bnccessnilly conducted this business,— a result of
which is timt it has been able to establislj a Ilimug
system for those who liave been :i or more years on
the books, whereby the subsequent premiums are
annually reduced.— (Tie rrdacffoii (Jits yeiir U /rum 15
tc !« prr ciml ini the usual rate.
The advantaKos of transacting business with this
Comi)any are that it Is a well-established Institution, and has auiiile reserves, over and above Its
capital, to provide aKalnst exceptional reverses.
The most complete and reliable Information Is obtained asto the nnlecedentj^ of Kmployees.and this is
realfy of the flrst importance to the Kmploj'er, as
also tho system of periodical supervision and revision of those on the t'ompany's Books.
Over »10q,00O have already been paid by this Company for hisses by unfaithful employees, without a
stn0e conte.it tit law.
The Available Assets of tho Company (at
3lst Dec, 1878) over and above uncalled

were

$110,046

And the Gross Resources
(See Report to

PR08PECTPS,
tion to the

$478,4H6
to December 30th, 1878,
Just published.)
Forms, &c., may be had on applica-

Government

HEAD OFFICE:
260 ft. James Street, Montreal.
EDWARD KAWLINGS, Manafier.

FIDELITY A CASUALTY CO.

UEDutrBcia.

NEW

OF

.

PINE STREET,
NEW YORK.

(Member of N. Y. Stock Exchange.)

Negotiate* Flrst-CIass Railroad, State,
and City Loans.
Buys and

sells for cash,

or on approved margin,

Securities dealt In at the Stock Exchange.

A

choice lino of Investment Bonds always on

u

a
personal bond where security U required for tho
faithful performance of tho autlea of employoes In
all i)osltions of trust.
Full information can bo obtained at the offloe, 187

.

Broadway.
M. RiciiARnR. President.
Lyman W. Bkioos. Vice-Prosldent.
Jon.v M. CiiANK, Secretary.
KiiwA HI) Stark, Oeneral Asrent.
niuErTOKS-Ooomo T. Hope, A. B. Hull, (J. (J.
WilllMnis, W. O. Low, A.S. Barnes. II. A. Hurlbut,

Wm.

(.CO. S.
,M.

<

SiJecle (Including gold TrauuVrcttirtir^
'
icates)

Legal-tender notes

Briggs, S.

17.8.

per cent of circulation)
U. S. Treasurer (other than
per cent redemption fund)

(5

B. Clallln,

To'*'

Surplus fund
U.ollvlded prollts
National bunk notes outstanding
State bank notes outstanding..."

480 000 00
8 8»7 oo

Dividends unpaid
Cortitlcd checks

Duo
Duo

New

at the

MOW YORK STOCK

K.\CHAN(;E, or all
reputable Securities bouglit and sold in the OI'KN

MARKKT.

LOANS

negotiated.

Interest paid on

WILLIAM

THOMAS

H.

PAPER

and CO.M.MKRCIAL
B.

BOUDEN.

DEPOSITS

subject to

HATCH.

S4Ml'lT0 90
1,9B6'3W 80

Total
SIQ 819 flia "^
all
State of Now York. C!ounty of New York, ss
I, DUMONT Clakke, Cashier of the
above-named
bank, do solemnly swear that the above statement
is true to the best of my knowledge and belief.
CLARKE, Cashier.
..
....
Subscribed
and sworn to before me this l?7th dar
of April, 1880.
A. R. Rodgers^
Correct— Attest
Notary Public, N. Y. (^cuntr
'^•-""'•IH. D. BABCOCK,
1
GEORGE BLISS. J Directors.
'

;

"

ULMONT

o^

C.T. OHRISTMAN.i

day of

SKJd

OF THE CONDITION OF
REPORT
the MI-n'ROl'OI.ITAN NATIONAL BANK, at

^

|4,422 292 79
322 54
307,000 00
17.000 00

U. S. bonds to secure circulation...
U. S. bonds on hand
Other stocks, bonds and mortgages
Due from other national banks
Due from State banks and bankers
Banking house
Other real estate
Current expenses and taxes paid

81, 910

89

Checks and other cash Items
Exchanges for Clearing House
Bills of other banks

120.859
43,037
.„,
885.000
200,000
82.82S
47,316
3,405
5,708,987
6,517

22
.„
12
00
00
23
00
«0

Fractional currency, including nickels
Specie, Includ'g gold Treasury certlf 's.
Legal-tender notes

11 86
1,081,025 00
157,567 00

i)ald

8.

H
M

87<iM
1.^'Mfi

........

to other national banks
to State banks and bankers

New York

KESOUnCES.
Loans and discounts

Redemption fund with U.

BRU) BO
7,«SBJMS 80

.'

:

FRANK JENKINS.

OF THE CONDITION OF
REPORT
the CONTINENTAL NATIONAL BANK, New

Premiums

»8.000.000 00
i
it\n u^^ oi
4"l()77« 01

:::

Individual diposits subject to check.
Demand cortilli»tes of deposit

No. 26 Pluo Slrcvl,
York.
Purchase and sell, on Commission, GOVERNMENT,

23
BOO •"
00
~""~"
113,000 00

|I»,81»,ns 80

LIABI1.1TIK8.
Oapltal stock paid In

STATK, MUNICIPAL and RAILROAD BOND^
and STOCKS, and all classes of Securities dealt in

2,001,080 80
!l«IO»0 00

Treaauriir

Due from

Stranahan, Charles Dennis, Wm.
John D, Malrs, Lyman W.
H. Chittenden.
II.

*."!!!!!*.

Redemption fund with

J. S. T.

(JO,

Hlchards,

Overdrafts

27

..|U,0MJWS IS
BOOT flO
""
U.S. bonda toiecore clronlatlon!!'.'.!".!
DOOiOM do
Other stocks, bonds and mortgages...
Due from other national banks
001304
I)uo from state banks and bankers.
77.180 T|
Ileal estate, furniture and fixtures..
848MSM
Current expenses and taxes paid..
84jeis 4a
Checks and other cash Items.
146,078 8S
Kxciianges for (Clearing House.....'.
iMtivn as
Bills <jf other bantu
IWMOOO

RuarantoelnR the fldelitr of persona taoldlnn posltlons of pecuniary trust and responsibility, thus

April, 1880:

A. Moran,

r^ans and disoounta,
v/veraraits
Overdrafts

TORS,

York, at the close of business on the

Daniel

THK CONDITION OF

KXCUAK<iE NATIONAL
."^ v'"*'^'*i^
Ra'n5 u
BANK,
New York, in the Htate or N«w York, at

securinKaCOKI'ollATKOUARANTEKlnlleuof

GRANTS BONDS OF SECURITY FOR ALL
ELIOIBLK MEN IN SUCH POSITIONS AT A
TKIKLING CIIAKOK I'Kll ANNUM.

Capital,

Financial.

l>KPOItT OP

ARE ISSUED BY THE

Ofllcers

NU BANK OB

all

iu

11

00

Treasur-

er (5 per cent of circulation)

39,015 00

City, in the State of
close of business April 23, 1880

New

BESOL'BCES.
Loans and discounts
Overdrafts
U. S. bonds to secure circulation
Other stocks, bonds and mortgages.
Duo from other national banks
Due from State banks and bankers
Real estate, furniture and fixtures
Current exiienses and taxes paid
Checks and other cash items

York, at the

110.027,548
2,270
00,000
979.563
S75.003
8IS.S00
810,860
81.877
881,330
Exchanges for Clearing House
1,816,078
Bills of other banks
90,881
Fractional currency (Including nickels)
8,834
Specie (Including gold Treasury certificates)
3.628.238
Legal-tender notes
058,892

Redemption fund with U.
(5

S.

.

13
80
00
40
88

.

70
61
66
67
00
00
SO
OC
00

Treasurer

per cent of circulation)

8,280 00

hand.
Total

Correspondence

solicited.

Bailey,

S.
7

Deposits
Individuals
National banks

Dealing

State banks and bankers

Insurance

Stocks

A SPECIALTY.
Cash paid at once for the above SecurlUes
they will be sold on commission, at seller's option

TVANTED

R.

UT LEY,

H.

31 Pine

St.,

N. Y.

L. Grant,

No. 145

BROADWAY,

NEW

YORK.

CITY RAILROAD STOCKS & BONDS
BOUGHT AND SOLD.
See quotations of City Railroads In this paper.

WM.
21

C.

NOYES,

NASSAU STREET,
BUYS AND SELLS

Gaslleht Stocks,

Trust Companies' Stocks,
Telegraph Stocks,

Telephone Stocks,
Railroad Stocks and Bonds.
ALSO,
All

classes

Certificates of deposit..

CortlHed checks
Cashier's chocks

$3,369,021
1,823,241
017,170
6.691

of Investment and Miscellaneous
Revarities not actively dealt in at the New
York Stock Exchange.

00
00
88
00
50

21

95
92
13—5,816,134 21
5,411 697 98

1144 17

»

$13,204,145 72

„. J"*?'!;

New York, County of New York, ss
I, Frkd'k TAYtA)R, Cashier of the above-named
bank, do solemnly swear that the above statement
Is true to the best of ray knowledge and belief
State of

•

FRKDK TAYLOR.

:

Flint & Pore Marquette Railroad Cert HIcates
Central Railroad of l(jwa Bonds and Stttck.
Port Huron & Lake Michigan RR. Co. Certiacates.
St. Joseph & Western Railroad Co. Securities.
Des Moines & Fort Dodge Railroad Bonds.
New Jersey Midland Railroad Securities.
New York 4 Oswego Railroad Securities.
Indlanaiiolis & St. Louis Railroad Bonds.
South St North Alabama Railroad Stock.
South Carolina Railroad Securities.
Kansas & Nebraska Railroad Securities.
Greenville & Columbia Railroad Securities.
VIcksburg & Meridian Railroad Stock.
City, County and Town Bonds of Western States.
Uty of St. Joseph, Mo.. 7 and 10 Per Cent Bonds.
City of Atchison. Kansas, Old Bonds.
Boioto Valley Railroad Bonds and Stock.

wm.

$1,000,000
150.000
61,910
758,100
7,158

Undivided profits
National bank notes outstanding
Dividends unpaid

PINE STREET.

Correct— Attest

C.ushier.

me this 28th day
ALr'D H. Timpson,
Notary Public, New York County.

Subscribed and sworn to before
of April, 1880.

$18,187,398 66

LIABILITIES.

stock paid in
Surplus fund
(Capital

E.

Total

113,204,145 72

LIABILITIES.

CHAS. H. MARSHALL,
W. D. MORGAN,

Capital stock paid in

Undivided profits
National bank notes outstanding
Dividends unpaid

Total
^
State of New York, County of New
I,

Geo.

J.

McGouRKEr.

34
28
09

$18,187,396 66
York, ss
:

Cashier of the abovethat the above

named bank, do solemnly swear

my knowledge and
belief.
GEO. J. MCGOURKKY, Cashier.
Subscribed and sworn to before me this 28th day
statement

is

true to the best of

0( April, 1880.
Correct— Attest

:

HENRY

)

C

00
OO
20
00
00
70
06
90

$3,000,000
1,000,000
233.091
45,000
4.170
Individual deposits subject to check... 6.373,647
Demand ceitificates of deposit
80,061
Certified checks
1,290,688
Cashier's checks outstanding
09,360
Due to other national banks
4.773.263
Due to State banks and bankers
2,360,330

Surplus fund

W, H. Co.NNELL,
Notary Public, N. Y. County.

A. IllfRLBUT,

SAMUEL SHKTIIAH,

[Directors.

A.

)

C.

RICHARDS,

Directors

EDMUND D. RANDOLPH,
OF THE CONDITION OF
REPORT
THIRD NATIONAL BANK OF THK
OP THE rONDITION OF THE OF the
REPORT
NEW VORK, in the State of New York, atCITY
the
BANK OF NKW VORK, National Banking"^
oIOBO of business, April 23. 1880
)

soclation,at Now York City, In tho State of
York, at close of business. April 23, 1880;

New

RESOURCES.

'96,606.117
1.066
800,000
Other stocks, bonds and mortgages
60,603
Due from other national banks
488,078
Due from State banks and bankers ....
3,003
Current expenses and taxes paid
47,618
Premiums (laid
34.674
Exchanges for Clearing House
1,110,653
Bills of other banks...
20,323
Fractional currency, including nickels
8,C60
Specie (Including gold Treasury certificates)
1,486,868
671,381
Legal-tender notes
40,000
Redemption fund with U. S. Treasurer
2,000
Duo from U.S. Treasurer

Overdrafts

Loans and discounts

$8,642 984
11.776
560.000
24,000
9,000

Overdrafts
U. 8. bonds to secare circulation
U. S. bonds on hand
Other stocks, bonds and mortgages.
Due from other national banks
Due from other banks and bankers
Banking house
Exchanges for Clearing House
Bills of other banks

285,0()0

10.709
_„
350,000
8,115,801
230,815
.

Fractional c\irrency, including nickels
Specie, includ'g gold Treasury certif'a
Legal tender notes
Redemption fund with U. S. Treasurer
(5 per cent of circulation)

88
"

1,739,942

456.400

17
1«
00
00
00
67
„,
67
00
36
00
97
00
00

U. S. bonds to secure circulation

$2,000,000 00
600,000 00

Surplus fund

Undivided profits
National bank notes outstanding
Dividends unpaid

237 788 97
491,900 00
6,225
7,623.626
32,338
7,080,142
1,811,277
670,054

..

Certified checks

national banks
State banks and bankers

:

10

Individual deposits subject to cneok.

Demand certificates of deposit
Certified checks

Hanso.v C. Gibson,
Notary Public, N. Y. Conntr.
'

FRANLIN EDSON.
BRADLEY.

JNO. N.

1

^Dlreotori.

CHAS. D, LEVBHICH.)

Surplus fund
Other undivided profits
National bank notes outstanding
Dividends unpaid

53
63
33
82
75

Total
$20,461,254 03
State of New York, (Mty and County of New YorkI, RICHARD B. FERltls, Cashier of the Bank of
New York, National Banking Association, do solemnly swear that the above statement Is true to
the best of my knowledge and belief.
R. B. FERRIS, Cashier.
Subscribed and sworn to before me this 27th day

of April, 1880.
Correct- Attest

17

66
00
17

80
00
00
00

$1I,369J847 33

Capital Stock paid In

Capital stock paid in

Individual deposits subject to check.
Demand certificates of deposit

00
59
26
70
66

LIABILITIES.

$80,461,254 03

LIAblLITISg.

63
90

24,760 00

Total

Total

Duo to
Due to

:

BE80DUCE8.
Loans and discounts

Cashier's checks outstanding
Due to other national banks
Due to State banks and bankers

OO
00
07
00
800 00
4,060,618 43

$1,000,000
29,000
160.808
800,000

226,830 11
326,118 17
14.101 15
3,038.303 86
021,120 18

Total
$11,360,247 33
State of New York, County of New York, ss
I, C. N. Jordan, Cashier of the above-named
bank, do solemnly swear that tho above stjitement
Is true to the best of my knowledge and belief.
C. N. JORDAN. Cashier.
Subscribed and rfwom to before me this 28th day of
:

April, 1880.

THOMAS COWAX.
New York County
PARKER HANDY,)
GEO. CHAPMAN. > Directors.
WM. A. BOOTH, )
Notary Public,

Correot— Attast

THE CHRONKJLE.
Financial.

Financial.

THE FOLLOWING
INTBREST ONBanking
THK
House of Messrs.
payable at the
bonds
l"

CO., corner of Nassau and
York City, on and after May 1,

WlNSLOWrLANlEK *
cidarStrotits,

1M0

Now

*

DBNVKR

SnUTII

PARK & PACIFIO

rimt Mi)rtKHKO

BB. CO.-

CT. LOUIS

dc

Financial.

SAN FRANCISCO RAIL-

CO., No. 3 Broad Street. New York. April
1880.— The Coupons due May I, 1880. upon the
Second MortRttge Bonds of this Company will be
Dald on and after that date, upon presentation at
C. LIT'i'I.Krt KLl), Treas.
this office.

To

27,

LOUIS & SAN FRANCISCO RAILST.
WAY CO., No. 3 Broad Street, New York, April

7b.

OBBK.NCASri.K. INUIANABchoul House Ss.

INDIANA STATBWar Loan 6s.

1880.— The Coupons due May 1, 1880. upon the
First Mortnaffo Kailroad and Land Grant Bonds of
& racitic Railroad Company, Central
Division, will be paid on and after that date, upon
preaentatlon at this office.
_
•^ "
C. LITTLEFIELD, Treas.

I

ISBKK HAUTE, INDIANA—

AprU 27,

8a.

Mortgage Preferred Bonds due on that date

MORTGAGE

FIRST

SETEN PER CENT GOLD BONDS
or THE

&

Houston East

West

Texas Railway Co.,

will be

W. BAYABD CUTTING,

paid there.

7a.

THE

1880.

NOTICE OF REMOVAL.
The office of thla Company will be Bemoved to No.
SO Wall St. prior to May 1st, and Coupons of Second

Consolidated Loan 68.
ISth.

MABIHTTA, OHIOMarletta & Cincinnati Ballroad
88th.
CAMBKIDOB, INMANA-

«5 TERRE HAUTE
ST. LOUIS ALTON
BAILBOAD CO., NEW YOBK, No. 12 WALL ST.,

LiniTED

8AI<E A

AinOUNT OF

the Atlantic

Kallrond Improvement 7a.
Watorworks 8b.
_^
PITT811UU<} FT. WAYNB & CHICAGO RR. CO.—
Flr»t MnrtKaKC 7a.
Becond Mortganre 7b.

Investors.

eFFER FOR

27,

LOGAN SPOKl", INOIANAAnnuiil lOs.
POBTS.MOUTII, OHIO—

Honlolpal

WAY

ia

XXX.

[Vol.

President.

NEW York:, April M, 1880.
TJOTICE.-TnB FOLLOWING COUPONS rPHE AMERICAN EXCHANGE NATIONand Interest due May 1, 1880, will be paid on and after AL BANK, New York, April 23, 1880.-At a meeting
tbat date, at the office of Messrs. JE8UP, FATON
dividend
bank,
& CO.,

No.

M William Street,

of the Chloago

ing

&

Fund Bonds and

Second MortRage Bonds.
St.

Louis

i

New York Coupons

held to-day, a

of the Diraotora of this

:

PEB CBNT Gold SinkLouisiana & Missouri Biver

Alton 6

of three and one-halt per oent

on and after the

Interest on Kansas City

lat of

was deelared, payable

May proximo.

Chicago Guoranteed Preferred Stock.

DUMONT CLARKE,

TENNESSEE VIRGINIA <fc GEORCHRTSOLITi: SIIiVERniNINGCO.,
GIA BAILBOAD COMPANY-A dividend of 8 per
Rooms Noa. 61 to 57 Boreel Building, No. 115
paid

May 1,

1880, at

the

Company will be

be paid on

WILSON &

Bonds maturing May

1,

B. T.

WILSON &

DRAKE DE KAY, Secretary.

CO.

1880, will

be parohased on and after that date, at par, at the
CO.,

OF THE EXCELSIOR
OFFICE
WATER AND MINING CO., No. 31 Broad
St.,

New

York, April

3 Exchange Court.

/•HICAGO BURLINGTON

&

'BAILROAD COMPANY.
DIVIDEND NOTICE.

At a meeting of the Board of Directors held this day.
waa voted to make, out of the surplus earnings of
the current year, a cash dividend of |1 25 per share,
and a dividend of twenty per cent (20 p. c.) in stock,
representing the surplus earnings invested in the
road and equipment, payable May 3 to stockholders
of record April 10, after which date the stock transfer books will remain closed till May 8.
J. N. A. GRISWOLD.
Chairman of the Board.
NOTB.—Non-resident stockholders, in drawing for
dividends, ahcnld include new stock and cash in

No. 115 Broadway, New York, April 15, 1880. J
The Board of Trustees have this day declared a
MONTHLY DIVIDEND (No. 3) of ONE Per Cent on
the TEN MILLION DOLLARS ($10,000,000) capital
stock of this Company, amounting to ONE HUNDRED THOUSAND DOLLARS («100,000), or Fifty
Cents per Share, out of the third month'a net
earnings, payable at the Central Trust Company's
Office on the 24th inst.
Transfer books will close April 19 and re-open
DRAKE DE KAY, Secretary.
April 26.

7 Per Cent Mortgages,

31, 1880.

ADDRESS

COUPONS OF INCOME AND INDEMNITY

will be cashed from 2flth April to 10th May, inclusive, by
J. CISCO & SON, No. 50 Wall
Street. N. Y., and after latter date, according to their
own terms, at company's office, Houston, Texas.

JOHN

B.

for building 25 miles of additional branches.

safer

and better-paying investment

April, 1880.— Coupons of

Texas Central First MortMay 1. 1880, will be paid by JOHN
No. 59 Wall street, rf. Y.
B. W. CAVE, Treasurer.

Geo. H.
24

York, on the 10th day of
May. The transfer booka will be closed from
the 1st to the llth of May.
H ENRY MORGAN, Treasurer.

_^
OF THE ST. LOUIS & SAN
OFFICE
FRANCISCO RAILROAD CO., DREXEL BUILD-

ING, New York, April 15, 1880.— Notice is hereby
given that the transfer books of this company will
e closed after April 24. to open May 1 next. 4n conformity with an agreement between this Company
and the Atchison Topeka & Santa Fo Railroad Company, for the construction of the Western division
of the Atlantic & PaciHc Railroad Company.
Stockholders of record April 24 will be entitled
for Ave days thereafter to their pro rata share of a
Bubscription to the securities to be issued for the

above-mentioned construction.

Subscription circulars may be obtained by stockholders up<m application to the Secretary after
April 20, and will be mailed to each stockholder
after April 24.
Per order of Board of Directors.
(SIsned)
C. LITTLBFIBLD, Secretarr,

GAS SECURITIES,

BROOKLYN SECURITIES,
DEALT

i

AND

NASSAU STREET,

5,

NEW

ITORK.

A SPECIALTY.
Southern, Western, Northern and Eastern Railway
Bonds and Stocks; also. State, Municipal and all
classes of reputable investment securities, bought
and sold at best market rates. Investors and dealers
wishing to buy or sell are Invited to communicate
with us. Loans negotiated for bankers and brokers.

B. GREENE,
BANKER AND BBOKER,
30 Broad St., New ITork.

CHARLES
24.

Texas Bonds.
STATE, RAILROAD, COUNTY AND
miTNICIPAL BONDS
BOUGHT AND SOLD.
J. C. CHEir, 29 BroadwaT.

NEW JERSEY MIDLAND,
KANSAS AND NEBRASKA
SECURITIES,
Bought and
J. S.

GAS STOCKS

seldom

is

HICHFIELD,

BOOMS
IT

YOKK.

AND
PBOVIDENCE & BOSTON RR. CO. (STONINOTON RAILROAD), NEW YORK, April 29, 1880.—
Quarterly Dlvldehd of TWO (2) PER CENT will be STKEET EAILKOAB STOCKS AND BONDS
paid at the office of Messrs. M. Morgan's Sons, 39
AND ALL KINDS OP
William street. New

OFFICE OF THE NETT YORK,

E.

A.

Prentiss,

BEOAD 8TEEET, NEW

A

offered.

Indlauapolls, Ind.

W. CAVE, ireasurer.

OFFICE OF THE TEXAS CENBRANCH
TRAL RAILWAY CO., Houston, Texas, 21st
* SON,

Mortgage 7,000 dollars per mile.

61 miles.

ROOM

FOR CHOICE

Bonds of the Houston & Texas Central Railway Co.. due (and payable at Houston) May Ist, 1880,

gage Bonds, duo

Total length of road in operation

Loganeport.

CHIEF MINING COMPANY,
QUINCY LITTLE
BOOMS NOS. 51 TO 57 BOREEL BUILBINQ,

it

JTCISCO

of

Texas between Houston and Naoogdoclies and

26, 1880.

DIVIDEND No. 28.
The Excelsior Water and Mining Company will
nay a Dividend of TWENTY-FIVE CENTS PER
FARGO & CO., 65
Share at the office of WELLS.
The Transfer books will
Broadway, on May 5.
H. B. PARSONS.
close on the 30th inst.
Assistant Secretary.

one order.
Boston, March

lumber region

April 20, 1880.

Transfer books will close at the Central Trust
April 22, and re-open April 29.

B. T.

'^

tlio

Ings, payable at the

Company
^

KAEMPHISd!: CHARLESTON RAILROAD

of

IHTEMEST PAYABLE MAY AKD NOVEMBER Ilf IfEW YORK.

K. T.

and after that date by

office

1

1898.

The Board of Trustees have this day declared a FOUR MONTHS' NET EARNINGS ARE
(No. 6) of ONE PER CENT
WILSON & CO. MONTHLY DIVIDEND
the TEN MILLION DOLLARS (»10,000.000) EQUAL TO THE ENTIRE YEAR'S INTEREST
M
ranital stock of this company, amounting to ONE
VIRGINIA RAIL- HUNDRED THOUSAND DOLLARS (»100.000), or
FIFTY CENTS PER SHARE, out of the net earn- CHARGES, and the annual surplus is sufficient
office of the company on the

office of

P<AST TENNESSEE Sc
BOAD COUPONS due May 1, 1880, will

First Mortgage

Broadway, New York,

DUE

1878;

Cashier.

T;<AST

cent on the capital stock of this

ISSUED

Thla road runs through

Transfer books to bo cloaed from this day until

May 3d.

(EASTERN DIVISION)

STANTON, 19

f

sold by

Na»sati Street.

WANTED

:

Alabama, South Carolina & LonisliMia
State Bonds;
New Orleans Jackson &. Gt. Norttaern,
laiBsissippI Central,

and mobile

& Oolo Railroad Bonds

;

City of Nenr Orleans Bonds.

LEW

& BORG,
36

WALL

STREET.

IN.

SEE GAS QUOTATIONS IN THIS PAPER.

WANTED

'~~'
:

Albert E. Hachfield,
17

NASSAU STREET,

BASEMENT,
County and ToAvushlp Bonds
Deals in Investment Securities and
OF
STATES
OF THE
Bonds GeneraUy.
MlSSOUai, KANSAS and NEBRASKA;
WANTED

City,

:

ALSO,

All Classes of Railroad Bonds.

TOBE¥

dc

KIRK,

No. 4 Broad Street,

New

York.

Toledo Logansport 4 Burlington Bonds.
Union & Logansport Bonds.
Rome Watertown & Ogdensburg Bonds.
lod. Bloomingt'n & West. Old and New Securities
New Jersey Midland Bonds.

FOR SALE

New York & Greenwood Lake

:

Bonds.

tentrie
HUNTS MERCHANTS' M/VOAZINB.
REPRESENTING THE INDUSTRIAL AND COMxMERCIAL INTERESTS OP THE UNITED STATKS.
(Entered, according to act of Congress, In tbe year 1880, by

YOL.

Wm.

Dana &

B.

SATURDAY, MAY

30.

CONTENTS.
449
450
451

News

Illustration of State

S.

it

457

acknowledged in all
aim a legis-

may

one excellent thing done

We

mean

tendency of this species of

on

seem, the week's history

— unintentionally

unwittingly to be sure.

evil

775.

pile of corporate capital

and

that the passage of the

act against foreign corporations has

and Bonds

Railway Stocks, Foreign
Exchange, Now York City
Banks.eto
455
ties,

strange as

yet,

453

General Quotations of IStooks

Securi-

have is to discover a
which he can lay another tax.

And

C.l

that the noblest

lator can

includes

THE BANKEeS' GAZETTE.
Money Market, U.

settled or

may be

452

448

Supervision

NO.

But no principle has been

THE CHRONICLE.

Washington, D.

1880.

1,

this matter, except it

445 Turkey in Europe
Taxing Bank Capital
Financial Review of April
Shall Europe Draw Its Needed
and Exports for
Gold from the United StjvtcHj 446 Imports
March, 1880
The EnibarKo on Southern
Trade by the Louisville &
Latest Monetary and CommerNashville Road
447
cial En^flish News
Chlcaiio til Kansas City
448 Commercial and Miscellaneous

The Latest

Co., In the offlco of the Librarian of Congress,

made

so apparent the

legislation, that the truth

we

have been so long laboring to make plain, must we think
now become palpable, even at Albany. For the whole
THE COMMERCIAL TIMES,
Commercial Epitome
Iris Dry Goods
474 city has suddenly waked up to tho idea that legislation can
Cotton
408 Imports, Receipts and Exports 475
drive capital away from us and raise the rates of interest.
Brcadstulls
473
Investments, and State, City
and Corporation Finances... 463

The

statutory poison

worked very

observer imperceptibly,

slowly,

banks, and consequently alarmed no one.

The Commercial and Financial Chronicle

is

issued every Satur-

day morning, with the latest news up to midnight of FHday.
[Entered at the Post Office at New York, N. Y., as second-clas.s
mail matter.]

TERMS OF SUBSCRIPTION-PAYABLE

IN
For One Year (including postage)
ForSlx Months
do
Annual 8ubscrii>tlon In London (Including postage)
Six mos.
do
do
do

ADVANCE:
$10

20.

6 10.

i2

78.

1 8s.

Subscriptions will be continued nntll ordered stopped by a written
order, or at the publication office. The Pnblishere cannot be responsible
for Remittances unless made by Drafts or Post-OfBce Money Orders.

Advertisements.
Transient advertisements are published at 25 cents per line for each
insertion, but when defluite orders are given for Ave, or more, insertions,
a liberal discount is made. Special Notices in Banking and Financial
column 60 cents per line, each insertion.

WILLIAM

JOHN

o.

WILLIAM

B. DANA,
>
FLOYD, JK. J

79

&

DANA

B.
& CO., Publishers.
81 William Street,
YORK.

NEW

Post Office Box 4592.
cover
furnished at 50 cents postage on the same
ty A neat
Volumes bound for subscribers at $1 20.
For a complete set of the Commercial and Financial Chroni^^
cle—July, 1865, to date—or Hunt's Mbbcbants*
is

file

Is

;

IScents.

Magazine, 1839

to

1871. Inquire at the olHce.

We

week our Investors' Supplement o£ 68 pages
our subscribers. This week we make an addition of 8

capital operate; not

issued last

gratis to

In

to our

fact,

own

the public

had hardly stopped to consider how large was the amount of
the banking capital represented here by foreign agencies,
and still less to inquire into the cause of its presence.
Probably the nominal total now equals the whole home
banking capital of the city, and its standing here is largely
due to the oppressive and illegal taxes which for so many
years have been enforced against our own banks, keeping
them from all natural growth and actually putting many
out of existence.
There was, consequently, a necessity for
more banking facilities, and fortunately foreign capital
came in to supply the place thus made vacant by our tax
laws.
But the work of extinguishing banks by taxation
was, as we have stated, comparatively a slow process when
directed against our home institutions; but when our wise
men at Albany loaded their little gun and turned it towards
foreign capital, it quickly took the hint and began to pack
up.
This, therefore, has furnished an excellent illustration
(because so palpable) of

OUE EXTRA.

and to the general

when administered only

this case

more

how

oppressive tax laws against

inevitably, but

more quickly in

simply because foreign capital could be more

pages to the Chronicle, so as to be able to give our monthly
list of prices of railroad stocks and bonds without crowding the

easily dislodged.

other departments of the paper.

legislators will

Since attention

is

directed to the question, perhaps our

now be

willing to read the following state-

ment, taken from the report of the Comptroller of the
Currency, showing how oppressive our laws have been.
TAXING BANK CAPITAL.
Another week has passed without any true progress We have given tables Uke 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
Sate of Tax fty—

has got into the Governor's hands, the Savings Bank bill
has been amended and has passed one house, the Life Insur-

Vnited

Per Oetit

Per Cent,

2-3
2-8

..

11

28

..

1-3
1-4

bill has been materially modified, and the bill taxing
Uew York city..,
Albany
United States and State banks has had its enacting clause

Struck out.

That

lively

committee which started the

ses-

«ion with a fresh shot at a new class of corporations each
day, has had a lively week of it looking after its offspring.

Philadelphia

Haryland
Baltimore

...

20
1-4
la

ToUU.

Stale.

,,

ance

Massachusetts
Boston
Pennsylvania.

Statt$.\

2-9
1-7
1-3
0-7
0-7
1-3
1-8

Percent.

61

S-6
2-9
2-6
2-1
2-7
2-7

SO

THE

446

(;HR0N1(.^LE.

This statement sho-ws almost three per cent of State tax
New York and Albany institutions, although the

it is

[Vol.

instructive to notice that so far as the

XXX.^

home supply

was a largely decreasing quantity for the
their whole of 1877, and dowr. to Sepiember, 1878, and tu*
UaiteU Stfttes also taxes tlieir capital, their deposits and
half outflow was only checked and temporarily changed
circulation, showing in tho Aggregate nearly two and a
under the strain which followed the panic in the month
neighour
of
in
any
banks
the
than
tax
of
more
cent
per
boring cities were called upon to pay. Notwithstanding last mentioned. Great Britain's imports and exports of
gold during the period covered by the Economist have
these facts, our legislators at Albany have been torturing
put upon

concerned

is

it

which they could cir- been as follows.
cumvent the late decisions of the United States Court, and
Years.
One precious
put these heavy burdens agam on our banks.
was
which
purpose,
this
very
for
little scheme, cancocted
struggling along but this week seems tp have come to an 1879, year
"
untimely end, was the proposed law not to allow any 1878,

some way

their brains to devise

in

individual or corporation to deduct debts.

Perhaps

1877,

"

Imports.

Exports.

£

£

1,184,630
13,331,369
20,872,216
15,451,025

1,884,351
17,578,818
14,963,507
20,361,386

699,721
4,247,449

50,840,140

54,793,062

3,952,922;

tliat

would have been a good act to pass, since no stirred-upcould compare with the buzzing and the
stinging it would have produced around the legislative

Actual loss of Great Britain
during period

Kel Exports.

£

4,909,461

hornet's-nest

ears.

fears about this latest of crude laws against

"We have no
foreign capital,
belief is

he

now

in the Governor's hands.

that the Governor will veto

But even

will.

if

he should

not,

it;

it

*Net imports.

This statement shows that while the Bank of England
was gaining three millions sterling the country -was

The general actually losing about four mi'lions

sterling;

in

other

we have no doubt words, during
would be repealed

the period in question about seven millions sterling, or tliirty-five million dollars, were with-

drawn from active use in Great Britain.
The full
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
importa
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

"before

the session closes,

as

it

operates so quickly and

and home banking capital are willing to be taxed but not to
be confiscated. Our Legislature has had before it for some
time a proposition from our associated banks to pay a tax 1862
This is more than 1863
for their shareholders of one per cent.
the banks have any
authorities will get
"be

wise to accept

right to pay,

in

and more than the 1864

any other manner.

Would

it

not

it ?

SHALL EUROPE

DRAW

ITS

FROM THE UNITED

re«r«.

NEEDED GOLD
STATES.

We are glad to see that some of the old single standard
advocates 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

1865
1866
1867
1868
1869
1870
1871
1872
1873
1874
1875
1876
Total

Imports.

Exports.

£

£

19,903,701
19,112,665
16,900,951
14,485.570
23,509,641
15,800,159
17,136,177
13,770,812
18,806,728
21,618,924
18,469.442
20.611,165
18,081,019
23,140,834
23,475,975

16.011,963
15,303,279
13,270,739
8,493,332
12,742,059
7,889,030
12,708,308
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

Average

Net Imports:.

£
3,891,741.
3,839,386-

3,621,212
5,992,238
10,767,582
7,911,129
4,427,869'
5,297,1 la

8,793,20T
920,649
1,279,474,
1,539,945.
7,439,383.
4,492,5386,960,227-

75,894,219.
5.059,614

showing a very decided falling oflE in the aggregate
* Ket export.
available supply of the Banks of England, France and
Here we see that during all previous years England's
Germany since January, 1877. We have called the
attention of our readers from time to time to Europe's commerce has received and apparently needed for itsvanishing stocksi, so that the results reached in the natural expansion an average annual addition to itspresent 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

supply of £5,0,^9,6 14 (or say, 25 million dollars) ot
gold.
Only one interruption in this movement has-

and that was in 1871-73, while France was
making those amazing indemnity payments to Germany;,
furnishes the following as indicating the available supply but it was a very temporary and partial interruption,,
held by the three banks at the present time and in Jan- recovering itself immediately and going on in larger
occurred,

proportions than before.

uary, 1877.

is

something

Available Gold Held.
(1.)

January, 1877.

Bank of Knglaiid
Bank of Franco
Bank of Germany
Total

say.

April, 1880.

£14,000,000
46,000,000
12,000,000

£17,000,000
18,000,000
14,000,000

£72,000,000

£49,000,000

These figures are perhaps sufficiently impressive, but
•we could have wished that the Economist had gone one step
further and given its readers the benefit of the changing

movement

|in

Great Britain during late years.

It

in

the

(2.)

is

Bank of England has gained £3,000,000
period named above, but it would have been

have stated that it has not drawn any portion
of that three million from outside sources, it all having
been gathered in from the home supply. Furthermore,

true situation, therefore,

England

ha-s 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
drawn from active use fifteen millions more so that
Great Britain's commerce has really lost thirty-five mUlion
dollars of its gold supply in three years.
During all years previous to 1877 Great Britain has received
and appeared to need an average increase of twenty-five
million dollars to supply its wants; so that the loss noted
above must be taken in connection with this usual new
supply, if we would measure the extent of the necessities
in this particular of England to-day with business re;

true that the
in point to

The

like this

viving.
(3.)

While these

late

changes have been in progress the avail-

able visible supply of gold in other countries of Europe
has shown the remarkable loss indicated by the Economis"^

of twenty-six millions sterling, or say one hundred

and

May

1,

THE CHRONICLE;

1880.]

thirty million dollars, although, during the same period,
gold (instead of, as formerly, gold and silver) has become
the only money of commerce, and therefore doubly

needful.
recital of these facts furnishes positive indi-

The mere

to

New

447

Orleans, whence

roads, as needed, over

some of it is distributed by railAlabama, Georgia and other South-

Hitherto a portion of this

ern States,

north over the Chicago St. Louis
thence east over the Vicksburg

Sc

&

traffic

has paaeed

New

Orleans and
Meridian, the Ala-

extreme want of Europe for gold, a bama Central, and the Western of Alabama, via Montbe developed aggressively as soon gomery.
will
that
want
Now, the Louisville & Nashville, having
as the present business revival becomes more pro- acquired the New Orleans & Mobile and the Mobile
nounced and general. Nothing but the unusual and Montgomery, is anxious to make those lines as profitable
wide-spread depression the world has been passing as possible, and therefore seeks to send this business
through, has hitherto kept this want in abeyance. As entirely to that route. And it has been successful in
exchanges become more active one of three things must its effort, for the Chicago St. Louis ft New Orleans
happen: either this want must be supplied, or it must already announces that with such odds against it, it
be relieved by the remonetization of silver, or pan- can no longer compete for the traffic to points east of
ics or crises in Europe cannot fail to be of frequent
Selma and Atlanta and south of Norfolk and Petersoccurrence.
burg, and that its through rates have been withdrawn.
The United States has a deep interest in this question.
But the course pursued by the Louisville & Nashville
The general desire here is to have silver re-established, has a very extended bearing. Even St. Louis will not
believing remonetization to be a requisite of com- escape its effects. Traffic from St. Louis, destined
to
The only
mercial progress throughout the world.
points in Alabama, Georgia, and Florida, and coming
difference of opinion has arisen out of a disagreement as over the St. Louis Iron Mountain & Southern to Columto the means to be used for attaining that end. But in bus, Ky., thence over the Mobile & Ohio to Lauderdale,
the light of the facts above cited, is it not evident that and there passing eastward over the Alabama Central
the desired end is really approaching, and can be secured and the Western of Alabama, will, between Selma and
through the necessities of European commerce ? It is, Montgomery, of course, be affected in like manner aa
however, an essential condition that we should hold on to the freight coming up from New Orleans. It seems not
our gold. That, of course, we cannot do in any artificial unlikely that the Louisville & Nashville had this business
manner; we cannot throw our arms around it and hold

cation of the

&

—

also in

goes to Europe in any considerable
amounts, it will relieve their wants and defer the very
object we are aiming at. To retain our production, then^
it

here,

and

yet,

we must make

if it

gold so useful here that the United States

demand will over-balance the European demand. Our
It not
Silver bill acts in just the opposite direction now.
only prevents exports of silver, which would help to pay
our debts, but besides that, tends also to nnder-value
gold by making a less valuable substitute for it. It is
to-day virtually saying to Europe, here we will help
you out of your difHculties, only let us coin enough silver dollars to enable us to force every American bank
^nd citizen to take them, and then you may have our gold.
Cannot our people see the folly of this policy and the

—

mind when

it

drew up

its

recent order, seeking

thereby to compel that traffic too to pass over its own
Nashville
This determination of the Louisville
line.

&

to force the entire business passing through the Southern

States into

its

own

channels,

the other avenues of trade,

is

by

virtually closing

therefore

by

this

up

all

time suf-

ficiently apparent.

Whether

this

action

is

really wise

is

quite

another

Such an arbitrary policy will certainly breed
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.

question.

Besides, in this case, the purchase of the section of the

Western of Alabama is subject to criticism. It seems that
need of an immediate change? In this contest we hold before its purchase the Louisville «& Nashville prepared an
the strongest and most independent position to-day of order similar to the one now in operation, applying local

any country

in the world.

We

are producing plenty

whole length of the Western of Alabama,
but canceled it when called upon for an explanation by
<jhoose; besides that, we can bring about a remonetiza- the Georgia railroads.
Subsequently, it bought the
tion of silver, and then can use and have the command piece between Selma and Montgomery, and now carries
"We entreat our Congressmen to out the same idea. It may well be doubted whether the
•of that metal also.

•of

gold for our

own

purposes, and

revise their judgments under the

ing, and

let

Europe have our

we can keep

new

silver,

facts

it if

we

now develop-

but not our gold.

^HE EMBARGO ON SOUTHERN TRADE BY
THE LOUISVILLE

d:

NASHVILLE ROAD.

rates to the

Georgia railroads would have sold (it was a sale in effect)
this section had they known the purpose to which it
was to be applied, for it was generally supposed that
the Louisville & Nashville wanted it merely to bring the
Pensacola

&

Selma

in connection with its system.

One thing cannot be too constantly remembered ia
making these large railroad combinations, and that is,
Selma road (secured by them some time that they are looked upon with disfavor, and are only

In our article last week we noticed the fact that the
Nashville Railroad, in order to bring the
Louisville

Pensacola

&
&

ago) in connection with their system, had purchased justified on the supposition that the public is thus better
narrow selfthat portion of the Western Railroad of Alabama lying served. No mere personal policy, no
of
them.
If Georgia
in
any
control
safely
between Selma and Montgomery. It now appears interest, can
cheap
er
the
old routes,
corn
by
their
get
or
Alabama
can
that that purchase had a deeper meaning and a wider

&

they are entitled to it and will have it, and a railroad
that stands in the way will be brushed aside. Moreover,
order
an
found itself securely in possession, it issued
it
does not look to us like good policy to force the oppothey
hereafter
companies
th^t
notifying competing
sition
of so many cities and strong corporations. It takes
passing
rates
for
business
local
full
pay
would have to
but little time to build another road where the will and
over this piece of road.
moment's consideration will sufiSce to make clear the ability to do it are so abundantly combined. For

significance.

As soon

as the Louisville

Nashville

A

Quite a quan- these reasons we are inclined to think that this embargo
the Mississippi River in barges was a short-sighted arrangement.

to any one the meaning of this action.
tity of grain

comes down

THE CHRONICLE.

448
announcement of

interesting

this

week

is

XSX.

THE LATEST ILLUSTRATION OF STATE
SUPER VISION.

CHICAGO TO KANSAS CITY.
An

[Vol.

that the

A resolution passed by the Assembly at Albany, a few
Railrbad has
Chicago Burlington & days ago, has caused the publication in response to it of
Quincy. This step seems to have been forced upon the a correspondence perhaps the most extraordinary in its
It appears that exmanagement of the latter corporation hy the changes that peculiar features ever known.
have taken place in the relations of the Missouri River Superintendent of Insurance, John F. Smyth, recently
So long as those roads were in the hands of dis- addressed to the Mutual Life a letter, stating that his
roads.
tinct parties, whose interests were not identical, there was predecessor had deemed it necessary to make minute
Kansas City

St.

Joseph

&

Council Bluffs
the

passed into the control of

danger that the line in question would examinations of themortgageloansof certain companies,
But with the Wabash run in the Gould extending to a tracing of titles far back, and that such
examinations resulted, in striking off certain sums from
interest, the Missouri Pacific owned absolutely by Gould,
and the Hannibal & St. Joseph supposed to be closely the assets of twelve companies; that the wisdom of this
identified with the same combination, it was clearly neces- procedure was verified by such reductions; that the
sary that the Burlington & Quincy road should take Mutual is one of three concerning the titles to whose
measures to guard against any attempt that might be property such examination has not been made; that he
made to debar it from reaching Kansas City and other therefore suggested to the company to put itself "in
Recent developments have " immediate communication with" a certain law firm
points on the Missouri River.
tended to increase the necessity for such action. Gould's named, to retain that firm to search the titles, as well as
comparatively

little

be unavailable.

evident determination

to

control

the

course

of

traffic

between Kansas City and St. Louis, left it morally certain
that when the Wabash's line to Chicago came into operation he would wish to exercise a strong pressure on
Chicago business as well.
There are at present four routes between Kansas City
and Chicago. The Chicago Burlington & Quincy has two
It receives part of its traffic between those
of these.
points over the Hopkins
branch of the Kansas City
road, and the rest is
delivered to it at Hannibal
by the Hannibal & St. Joseph.
These two outlets
have given it nearly one-half of the entire business
between those cities.
The other lines that compete
for this traffic are the Chicago & Alton, which uses
its
own track throughout, and the Chicago Rock
Island & Pacific, which formerly made connection with
Kansas City over the Kansas City road, via Beverly,
but now reaches that centre by means of the Han. & St.
Joseph branch. It will be seen that the Chicago & Alton is

two others
that

if

costly he

"who

named)

(also

to appraise

mortgaged property;

these gentlemen were found to be excessively
at once " suggest

would

other names to you

be satisfactory to the Department;" and that
he wished'a prompt reply, &c.

To

will

amazing document President Winston replied
letter, the writing of which cannot be regretted, inasmuch as it is a masterly combination of dignified retort and unanswerable argument, although the
circumstances might well have justified the company in
paying no attention to the matter whatever. In the
first place, the company was examined under the administration of Mr. William Smyth, three years ago.
Mr.
Deputy McCall who made the examination in this as
in a

this

long

in other cases

—
—reported

his

entire

satisfaction

in

the

most unqualified terms; also that " a schedule giving in
" detail the information necessary for valuations of prop'•
erty, verification of title, etc., of each of the 7,156
" mortgages, has been compiled, and, with a list of un-

" collected and deferred premiums,

is now on file in the
upon the connecting " Department." To this seemingly conclusive certificate
lines, Hannibal & St. Joseph and Kansas City St. Joseph Mr. William Smyth
also added that he was present
& Council Bluffs. As to the Hannibal & St. Joseph, the in person during the examination of mortgages
general belief is, as we have stated above, that the Gould and other securities, and desired to join with his deputy
party is largely represented in the management, though it in hearty approval, and that certain particulars respect-

the only road that has a line of

tance.

may

AU

its

for the whole dis-

the others have to depend

not have a controlling f oice.

sas City St. Joseph

&

Consequently, the Kan-

Council Bluffs

line independent of the

The

own

is

the only connecting

Gould influence.
was begun long

contest for this road

ing

him
ago,

when

itg

title

—really

covering

all

necessary to have inquired into
in person.

After citing

now

cited aa

then verified by

Mr. Winston quotes
company's investments

this,

the certificate given as to the

stock and bonds were selling

the points

— were

much lower than they are recently by the annual auditing committee, consisting of
But Gould was not inactive, and his competition, two bank presidents and four merchants, none of whom
aside from the improved prospects of the property itself, are or were members of the committee under whose dihad the effect of sending up the securities to much higher rection the loans were made. He also says that^all the
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 proto the stock and bond holders of the Kansas City company, posed would be both heavy and useless, and that a simannouncing 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
Qumcy 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.
lington & Quincy determined, in the early part of the
As to the invitation to retain the legal gentlemen
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,
Mr. Winston, with peculiar appropriateness,
at the matter
junction with the Burlington & Southwestern, and that reminds Mr. Smyth of the specifications of law as to
this line will be pushed to completion,
giving another out- how the charges for examinations shall be limited, made,
lot to that point.
audited, and paid. The company's officers might therenow.

'

—
—

Mat

1,

THE CHRONICLK

li:80.]

449

TURKEY

fore be adjudged guilty of misdemeanor under the laW)
IN EUROPE.
The reports which reach us daily as to the internal
should they comply; furthermore, the benefits of compliance do not appear, inasmuch as Mr. Smyth's promise condition of the empire of Turkey, especially of the
to be satisfied with the work of these parties could not European portion, indicate that the ruinous effects of
This rejoinder, justifiable and the late war are being felt more and more as tine
bind his successor.
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 inand defiantly violating these very provisions of law creased, while its territory has been greatly diminished,
regarding the payment of bill:*, ofiFering in excuse no and hitherto fruitful sources of revenue have been dried
better plea than his assertion that the payment could up or diverted into other channels. So heavy and so long-

not have been otherwise arranged and the opinion of a continued has been the drain on the farming and agriculpersonal and political friend of his that the law is tural interest generally that the entire rural population
unconstitutional.
To this Mr. Smyth replied by a tele- are reduced to a condition of extreme poverty. It is not
gram demanding what amount the 245 plots of up- only impossible for them to pay taxes; they are without
town city property, taken on foreclosure during the the means of maintaining or securing the necessary
past four years and sold at auction on the 20th of April,
represented in the last annual statement of assets. To

material for the ordinary

The

work of husbandry.

imperial exchequer

is also empty, and the governcame a crushing reply, in the simple statement that ment finds it impossible to borrow. The borrowing
the amount so inquired about was $516,270, while the power of the Turkish government, in fact, came to an
sales of the property footed up $666,055, and that on end in 1874, when the amount of the foreign debts had
other real estate sold since the year opened, which reached one hundred and eighty-five millions sterling.
figured as assets to the amount of $696,045, the receipts In the interval the government has been compelled to
amount to $738,130, making a profit of $191,870 on all resort to various shifts and expediencies in order to

this

property sold in 1880.

a letter of

retreat

To
which

Mr. Smyth replied with seem to be able to carry on the affairs of the State. The
we need not attempt to imperial decree, in October, 1875, reducing the interest

this

on the debt,' "for a time," to one-half of the stipulated

sketch.

demand we can amount, was followed by another decree, issued in July,
scarcely understand, for we do not know how Mr. 1876, in which it was openly announced that no paySmyth could have supposed that any company would ments would be made " until the internal affairs of the
Whatever his empire have become more settled." Later in the same
yield to him, under the circumstances.
his
official
had
gone, so that month a decree for the issue of paper money, called
of
menace,
day
past powers
According to
the impotence of his attempt is as marked as its impu- "caimes" or assignats, was published.
dence. Besides, it is disagreeable to have to interpret the best estimate, more than one hundred millions
the affair by dishonorable motives, and yet to try to sterling had been issued, and as a natural result during
gloss it with a varnish of respectability would be weakly 1879 this paper money was repudiated.
The motive

of this unprecedented

closing our eyes to the dark record made.

proof that he has prostituted the

There

office to his

own

is

no

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 his career may best be admitted fully
and openly, and in precisely the language which most
appropriately characterizes it. It is exactly what must
be when State supervision goes down into partisan muck,
and when a man is put in office in pursuance of a bargain, 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

"

It

was reserved, however, for

plete the

work of

this present

of the "caime," the ordinary

year to com-

Since the repudiation

financial ruin.

medium

of

exchange for

the great mass of the people has been a debased silver

nominal value of from
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
coinage, representing in

all

a

fourteen to fifteen millions sterling.

but at

its intrinsic

fully to one-half..

value

— a depreciation

it ought to be borne
heavy internal debt. It

mentioned,
carries a

which amounts

In addition to the foreign debt above

mind that Turkey

in
is

difficult to arrive at

exact figures in the matter of this floating debt.
certain that ia

millions sterling.

1878

it

was not

The presumption
Of

greatly in excess of that figure.

It

is

than seventy-five

less

is

that

it

is

now

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.
tion sets in which compels the real reorganization of
Such being the general situation, the question natuState supervision on a different basis, or else abolishes it rally arises, what is to become of the Turkish empire ?
altogether.
The latter would be the better course in It looks] as if it no longer possessed the power of selfthis State, as we have repeatedly urged, for while it is restoration, and that help from without alone could save
not fair to prejudge the new incumbent, it is impossible it. What foreign power is interested sufficiently to
to forget that the system is not changed, and that he become its guarantor and protector ?
The present concan be a faithful officer only by disappointing those who dition of Europe would indicate there is none. Yet
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 Oihmaa may find it necessary to re-cross the Bosphorus
most perverse of influences will oppose it.
and seek a home ia Asia; bat the land will remain; the
«upervision the same result must follow, unless a reac-

—

THE CHRONICLE.

450

[VoT,.

XXX.

Constantine will remain ; the cred- stimulated shipments, and the quiet but steady outflow of American securities to Europe had the effect of
itors will remain; and ia the new condition of things
counterbalancing the very large imports of foreign merchanopporthere will be openings for new kingdoms and
dise.
prosperity.
tunities for the development of wealth and
The following summary shows the condition of the New York
The
settlement.
modes
of
There are several possible

much-coveted

European

city of

might be retained

territory

intact;

and a new

Christian government established in place of the old,
with its headquarters at Constantinople. Or independ-

•city

and placed under the protection of the powers.

chandise, on or about the

great powers

willing to see Constantinople

is

border, would, no doubt, be willing to further the designs
«f Austria. But France and England will probably be

«trong enough, whatever the course of Italy, to take
«are of Constantinople. Constantinople, under a wise
and liberal government, would become one of the greatest and most prosperous cities of the world, as it is
already for situation, beyond all question, the most
beautiful.

East.

Turkish rule which

It is

is

SUMMAKT

STATISTICAL

interests

of progress and

sooner that rule

ended the

is

better.

FINANCIAL REVIEW OF APRIL.

OR ABOnT MAT

OJt

and (uscount8
Specie
Circulation
Net deposits
Legal tenders
Surplus reserve (over 25
Jx)anB

The month of April was marked by a decided stringency in
the money market, and the city bank reserves were drawn down

i>.c.>

Money, Oold, Exchange—
Call loans

1878 TO 1880.

1879.

4®6

,

Prime paper
Gold

1878.

3®5

3®3ifl

3®1
100

,

Silver in London, per oz
Prime sterling bills, 60 days
Wnited Slates Bonds

52>ed.

;4

—

8®5ia

100

100%

50ied.

53 %d.

85®4 86 4 86'4®4 87 4 SeHSI 87

coupon
6s,ciuTency, 1898
5s, 1881, coupon
4iii8, 1891, coupon
48 of 1907, coupon
68, 1831,

108»6

107>3
I2414

107 >a

10678
lOl's

IO8I3
1191a
10413
10313
10013

laoie

117iS8

43%

106

261s
7214
7878
I30I4
85=8

125
104

loss's

lOS's

Railroad Stoclcs—

New York Central & Hud. Elv.
Erie (N. Y. L. E. & W.)
Lake Shore & Micli. Southern

107 H

Michigan Centr.al
Chicago Rock Island

89%

'

I219

61%
<>8is

& Pacific
I9213
104^
Central
105=8
76
Chicago & Northwestern, com.
93=9
51%
58H
Chicago Miiw. & St. Paul, com.
77=8
4118
49 19
Delaw are Lack. <t Western
8618
51%
51'8
Central of New Jersey
76%
43
17
MerchandiseCotton, Middl'g Uplands.^ lb.
111.3,6
11^8
1011,8
Wool, American XX
50356
28SI33
^ ft.
34®42
Iron, Amor, pig. No. 1 ^ ton. 28 00331 00 18 50® 19 00 18 00® IS ."SO
Wheat, No. 2 spring., .i^ bush. 121®123
101*103
1 22®125
Corn, Western mixed. ^ bush.
51®53
42®44
48®54
Pork, mess
^ bbl. 10 903)1100 10 15®10 25 9 65®9 85
Illinois

. .

. .

.

NEW YORK CUT BANK MOVEMENTS

IN APRIL.

N. Y. City Bank Statements.

April

April

3.

April 17

10.

April 24.

Loans and discounts.

»290,ri39.IiOO $283,470,900 »281.250,800 »278.S8«,200

Specie
Circulation
Net deposits
Legal tenders
Surplu.s reserve
Range of call loans.
Kate of prime paper,.

58.669,300
a0.9Hl,«00
250,808.800
10,847.500
Def. SOS.DOO

-f-

52.023.600
20,087.000
256.267,800
n, 9 35,900
Def 107.450
.

50,050,800
20,843,000
258,519.800
13,866,000
630,860

4®6«

4@6+

5®6

5®a

48.083.600
20.612.800
248.806,700
15,432,100
2,101.525

3
5

^6
®S

And a commission of 1-64(5(1-16.
And a commission of 1-'

This scarcity of loanable funds, which

limit.

1.

278,886,200 231,096,900 229,936,400
48,983.600 18,228,100 30,051,900
20,612,800 19,707.600 19,998,300
218,896,700 201,514,200 199,074,000
15,432,100 45,224..50O 36,435,3()0
2,191,525
12,324,050 16,718,700

.

below the legal

from

in the

generally, the

civilization

in each year

1880.

the curse of the

In the interests of the suffering people and

May

New York CUy Banks—

fall into

the hands of any of the others, and for the further reason that it would not do to allow it to be in the hands of
a small or weak power. Russia, as we know, would like
to occupy the city; so, too, would Austria; and it is not
«t all improbable that difficulty and even trouble will
«rise from the ambitious designs of both those powers.
Germany, for the sake of compensation on her own

of

flrst

to 1880. inclusive:

'.

Some such arrangement as this latter is the more likely
to commend itself, for the reason that no one of the

gold, rate of foreign

exchange, and prices of leading securities and articles of mer-

ence might be granted to the Albanians as it has been 1878
granted to the Montenegrins; Roumelia might be
enlarged so as to include all the remaining territory outaide of Constantinople, and made an independent king-

dom or principality; and Constantinople dissevered from
the other parts of the old empire, converted into a free

premium on

Clearing House banks, the

CLOSING PRICES OP GOVERNMENT SECURITIES IN APRIL, 1830.

led to the payment of commissions of 1-64 to 1-16 per cent a
6s,

day, in addition to

6

per cent per annum, was charged some-

1
•<

times to the manipulations of stock speculators
their operations

may have had

j

4133,

58,

6s,

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

now about

?30,000,000

and specie about ?30,000,000 more than at that time, and
the loans and discounts have increased over $47,000,000.
less

In Government bonds the transactions were rather moderate,

103% 109

•f,

4..
S

6

7
R

g

106%
106^8

3

109

11
12
13
14..
15
16
17..
18

s.

48,

6s,

107

23..
103%
24..
10878 107
25..
s.
26..
10378
27.. 106 14 104
10S78 107%
28..
104 10878 IO714
29..
109
30..
1071-3

107 14

103=8 109

.

10718
10718

1031a

103%

Open 10578 103% 109 x06=8
High 106 14 104 109% 1071s

106%
106%

Low. 1057e 103% 10S78 106=8
10614 104
IO7I2
109

Clos

8.

'

413s,

103%

22

S.

103J2 logig ibfis
10714
10718
lOS's 10358
103=8
1071*
103=8

10..

58,

1881, 1881. 1891, 1907, Cur.
coup. coup. coup. coup. 189S.

c
<

19..
103%
107
20.. i06" 103=8
21.. 106
103=8 10878 IO716

x06=8

1
it,

6s,

r

but although

something to do with

peried in 1879— thus, legal tenders are

4s,

1881, 1881, 1891, 1907, Cur.,
coup. coup. coup. coup. 1898.

*

'

.

but the steady 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 securities generally held their

own

In speculative stocks business was
tightness in money, and at times there

much checked by the
was considerable depres-

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

tamed by the very large earnings on nearly
making reports of their traffic.

w ere

all

well sus-

the railroads

Foreign exchange became easier in the latter part of
the
month, when the declme
prices of cotton and breadstuffs

m

u
1..
2..
3..
4..
5..

6..
7..
8..
9..
10..
11..
12..
13..
14..
15..
16..
17..
18..
19..

SECURITIES AT LONDON IN APRIL,

P. S.

Ssof^o'?' 48 of

April.

s

at or near the highest prices

made.

sion in tone, but never

CLOSING PRICES OF CONSOLS AND

98iie

98

April.

1881.|i89i. 1907.

1051a IIII4 10878

105% 111

933i6 1051a lllia

109

105 J3
1051a
106
105=8

981110
9813
9878
9815
9813ie
98l3io

105%

20
23

1111a
11112
lllia
III14
lllia

5
a

981316
98ilie
9811 16
9811,6
981^16

21

109% 22

S.

98B;6
98I4
9S5,„
98^16
987i«
989l6

o

y

109% 24
109 ifi 25
IO914
10914

1041a lllii
lOlSi'lllia
104=8|lllia
1045s lllia
IO412 IIII3

IO9I3
loniQ
1091a
10913
1091a

S,

.

30

S.

4s of
1907.

981516 104% 111=8 109=8
993i6 10178 111=8 109=8
99I16 10478 111=8 109=8
98i=ie 1047,i'lll% 109%

26
27

109 13 28
105%
105% 111% 109% 29

58 of I*'?'

99.1 IB

10478

111% 109=8

lllia IO913

105=h! Illis!l09i2l Opening.
105 %i llli-2il09i£.|

..

Highest..
xOlia 11114 109 la' Lowest
lOlia; 111141109 14! Closing
1041a Illia'l09ia Since jan.l
S.
Highest . .
981310 1041a iuia!i'09ia:| Lowest
.

1051a 11114'10878
106 111341109 »4
111 10878
99I16 10478 111% 109=8
9Sli6
993i6

98

.xOlia

993io
97010

10078llll% 10973
IO4I2, 10978;

lOGH

Mat

1,

THE

1980.]

The following

show the

table will

lowest, highest,

ing prices of railway and miscellaneous stocks at the

and

(CHRONICLE.
clos-

New York

Stock Exchange during the months of March and April:

KAKOB OF STOCKS

IN

MAUCH AND AFRIL.

-March.
Feb. 28. Low. HIkU. Mar. 31. IX)W.
Railroads.
IO5I3
110>2 "108
108
Albauy & Siisu'hauna ; 106
"
no
45
"
50
54
53
Boe. A N. Y. Alr-L. j)f
80>8
76»3
09
160
571a
Burl. Coil. Kap. & No
6613

Canada Houtliem
Cedar KuUs <fe Minn

87

Central of N. Jersey.
Central Paolllo

Do
Do

iHtpref.
2d pref

&

Chlcaso

bo

Alton
pref

CUlc. Burl.A Quiucy.
Chic. Mil. & St. Paul.

Do

&

Chic.

pref.

NorthwcBt...

Do

pref.

& Kock

Chic.

Island.

ClUc.6t.L.&N.Orl'n8
Chlc.8t.P.& Minncap.

Clev. Col. Cin. & Ind.
Clev. & Pittsb., Kuar.
Col. CUlc. & Ind.Cent.
Del. Lack. & West'm.
Dubuuuo <fe Sioux C.

Hannibal

& St. Jo

Do

pref.

£

83%

29
90 "4

76

831a

66=8

57%

25%

18

85
78 14

74%

,

Apr.30.
-103

110
49 la
7514
6714

24%

25%

20%

85I3

37 14

45

41%

5478

591a
8OI4

58=8

79

74

9478
711a

9378

'
83%

94%

86%

37I4

68
31
65

68
37 14

'33%

66%

83

30
55

41

31

bO%

"2i»B

92H

8978
671a
3514

*64
401^

74%

40%

691S8

75

75

91«a

101% 110
30
39%

72
81
109

IO414

30%

14

73%

.

.

Do

35
39
15
33

'''8

Louisv.N.Alb.A Chic.

Manhattan

& Cin. Ist p(.
2dpf.
& Cha'stoD

Mar'tta

Do

Mempliis

Mi'troiioiiliiu i:.icv

—

MlcliiKau Central

Mo. Kaus. & Texas
Mobile & Ohio
Morris A Essex

. .

Na»hv.Chutt..tSt. L.
N. Y. Cent. & Hud. n,
New York Elevated .
N. Y. Lake Erie & W.

Do

pref.

N.Y.N. II. &naitf'rd
N. Y.Ontario &W...

Do

92 la 104%

104
45

31%

12
8
'114
Ul^s

Do

Tia

Do
Panama

29I4
10978

73

xl29%
xll7

156
29
5012
25ia

l>ref.

43%
68%
2514

*182

TZH
69%

Alton

& T.

II

.

.

pref.

& Duluth

Paul

Do

&

. .

.

pref.
Sioux Citv.

Do

pref..

Texas iV Paclflo
Union Paciflc
Un. N. J. UK. &Cun
Wab. St. L. it Paciflc.

Do

pref.

24
3314

92
89

32
IO714

133

90
30
8

93 14

96

94I4

44%
23%

..

Atlantic APaciflo....

ffestcm Union

180

120
31
20% 27
61
70
6.1i.i
56

64

180

57H
39 13
70

43%

6OI4
83ia
37ia
(i8

45J8
81

76I4
4078
87I3

80
47

90%

26
70
59

45% '40%

41
54=8
76'8
37 la
68
41ia

*76

47%
94ia

XI37I3 160
42
46
65 la
70 ij

72%

183

190

56
79
139
t69

44%
79%
89%

119
23
20
63
46=8

Climax Mining

279

&

70

76

2%
2%
6%
1%

*25
t75

40
32
60

34

18
20
33

Iron

Consolidation Coal...
Ciuuberlaiul C. & I ..
Dcadwnoii Mining...

Mining

Iloiiu-sialif .Mining
I.ii I'hiiK Mining

..

Ix'jMh ilif Mining
Litilc I'ittsli'g Min..
MiiryhiiiiUNial

Mimtaulc

(.ias

Coal..

New

CiMitnil C0.1I.

N.Y.

&

strail.sv.

..

Min.

P(tnnsylviiuiaCoal...

27

62

23
69

59%

•65

79
38
66

37
65
42

56%

29

216"

3%

pref
Do
Ontario Silver Miu'g
Quicksilver Mining .

3%
37%

2079

17

.

pref.

Silver Cliff .Mining
Standard Cons. Miii'g
*

Prices bid.

23

®4-89
84-89
94-89

24...

4-88
4-88
4-88
4-88

'34-88%
»4-88'v
'»4-88%
ai4-88%

t

64

03%

27%

24

Prices asked,

5%
}

...

22...

25

...

Demand.
4-87%»4-88

8.

84%«4
84%94
84%a4
84%»4

4'87%94-88
4-87 »4-88
4-87 94-88
4-87 94-88
4-87 »4-87«»

84%«4'

4-87

84%«4'

a4-87»»

...

26...
27...
28...
29..,
30...

84%94 85 4-87%«4-88
84\34 85% 4-87%«4-88l«
85%«4 86 4-88%34-89
85%®i 86 4'88%94-89
8S »4 86 4-88 94-89

Range 4-84%94-86

487 94-89

1880.

Statistics.!

Below is given the ninth monthly statement for the carrent
year of the imports and exports of the United States

fiscal

:

The

excess of exports over imports of merchandise, stated ia
specie values, was as follows
Month ended'March 31, 1880
$6,447,302
Montli endoa March 31, 1879
.w
24,298.134
Nine months elided March3l,1880
159,075,543
Nine mouths ended March 31. 1879
220,272,061
Twelve months ended .March 31, 1880
194,465,148
Twelve months ended March 31, 1879
283,971,594
:

(Corrected to April 26, 1880.1

t63

50%
;36
;50
:70i4

80

86%

91%
160

70%
88
'159

36%

4479

39%

64

70

6778

76

72

79%
45
109

For the

33
23

78%
6%
33%

6

2%
3%
7%

2

3

2%
2%
2%
40%
35
62

34

35
35

"19"

19%
33%

40%
33

"20"
20
36

*2%

6%
2%

210
*2

tl§

32

Ex privUegei

5%
20
50
29
105
190

2%

9%
23
50
35
107
190
3

3

3

34
12
60

35
15
71

26%

32

3%

5%

For the 9 For the 12
months end- months ended Mar. 31.
ed Mar. 31.

$76,438,571 $618,811,036 $767,905,432
911.760
8.472,591
11.170.401
Total
.i!77,350.331 $6-i7,283.630 $779,075,833
70,902.969 468,208,087 584.610.685
Imports
Excess of exports over imports $6,447,362 6159,075,543 $194,465,148
Excess of unports over exports
Foreign

.

Exports— Domestic

$63,187,430 $349,246,391 $707,299,319
967,295
9,100,844
12,986,144
$66,134,745 $538,647,238 $720,281,463
Total
Imports
41,856,611 329,375,177 436.312.869
Excess of exports over import* $24,298,134 $229,272,061 $283,971,594
Excess of Imports over exports
1879.-

Foreign

..

. .

GOLD AND SILVER—COIN AND BULLION.
1880.—E.vports— Domcstto

...

$204,937
H,669,226

.

Total

$1,874,183
1,881,782

Imports
Excess of exports over imports $
Excess of Imports over exports

$7,733,193
5,893.856
$13,631,051
89,103,542

$14,668,489

$

$

8.067,42-i

$2^.735,911
93,410,866

7,599

75,472,491

70,674,955

$2,417,197
644,047
Foreign
Total
$3,061,244
Imports
1,185,154
Excess of exports over imports $1,876,090
Excess of imports over exports

$10,021,741
6,270.840
$13,892,581
15,988,676

$18,802,210
7.757,504
$26,559,714
25,996,747
$562,967

....

$
96,093

'*3,V

TOTAL .MERCHANDISE AND SPECIE.

*33
*33

3
9
•22

of

1880.— Exports— Domestic

77%
43%
106%

*

MERCHANDISE.

March.

45%

76%
160

3%

15%

200'

50

•3%

Do

'ai4-S9

month

44%
69%

19%
21
39
7

27
54
35

57%
30%
''265"

36

xC%
3%
8
26%

X1378

2%
3%
9%
2%

42%

& M.

Mariposa Lund

4-88
4-88
4-88
4-88

1879.—Exports— Domestic

9

...

21

26I4

41

x41% 51
x43% 42
114% 104% 113%xl06% 104

Caribou Consul. Min
Cent. Arizona Miu...

4-84%«4-85

...

4-88%«4'89
4-88 a4-8»

120

;3li4
:45

48=8

Coal and Mining,
Amie Consol. Mining

...

IMPORTS AND EXPORTS FOR MARCH,

tl89

109% 109% 114% '111% 111% 113% fll4
56% 56
60% •58
57% 59
57%
47% 47% 50
49
47
49% 48%
103% 104
108% 100% 104% 107% 107

American
UnitcdStates
Wells, Fargo & Co.

17
18
19

20...

Foreign

Adams

E,\ci'i.><ior

«4-88%
'9V88%

28I4
21
23% 26% ....
68
72% "7614 58% 70% 60%
117% 119% 118% 117
118% '116

61 "a
*44ia

60 day*.

April.

'a4-88%

15 ... 4-85 '»4 85%
16... 4'84%3>4 85 4-87%®4-88

Express.

Colorado Coal

4-88
4'88
4-88

:

Telegraph.

AmeHcan District

...

[Prepared by the Bureau of

6%
39%
105

Demand.

60 days.

4-85 »4' 85%
2... 4-85 '34' 85%
3 ... 4-85 '»4' 85%
4...
5 ... 4'85%3i4
6... 4-85 aii7 ... 4'85 ®4'
8... 4-85 «4'
9 ... 4-85 ®4
10... 4-83 ®4'
11 ...
12 ... 4-85 ®4 85%
13 ... 4-85 »4 85%
14... 4-85 »4' 85%
1

:

70%
180

231a

43%
68%

7%
5

30

St.L.I.Mt. & So.,a8sd.
St. L. & S. Francisco.
pref.
Do
Ist pref.
Do

33%
10%

39%

119

RcnsserrA Saratoga
Rome Wat.& Ogdens

Do

2914
5178

35 ^8

95

23%

April.

.

150

74

Pittsb.Ft.W.<StC.guiir

St.Paul

46%

100%

45^8
71

33 >4

Peo. Decat. &E'ville.
Phila. & RoiidinK. ...

.

93

22

124

85

BANKERS' STERLING EXCHAMOB FOB APBIL, 1880.*

89%
33% 45% 35=8
The excess of imports or exports of gold and silver coin and
19
19% 24
bullion was as follows
108
105% 108% 107
128
x80
x84% x73
i6^
Month ended March 31, 1880, excess of Imports
$7,599
137 xl35% 129% 136
130% Month ended March 31, 1879, excess of exports
1,876,096
>112% Nine months ended March 31, 1880, excess of Imports
12578x117% 112
117
75,472,491
47% 45=8 41% 46=8 43% Nine months ended March 31, 1879, excess of Imports
96,09S
72% 71
63% 70% 67 14 Twelve months ended March 31, 1880, excess of imports.
70,674,955
15978 15978 139% 163
161
Twelve months ended March 31, 1879, excess of exports..
562, 96T
30% 27% 25=8 3114 29%
1
78
The total values of imports and of domestic and forei^
34% 31% 27
31% 28
exports for the month of March, 1880, and for the nine
57=8
53% 51% 54% 52% and twelve months
ended March 31, 1880, are presented in
27% 24
20
24%
32
39% "34% the following tables, all in specie values
44% 38
8378
76% 72
76% 76%

9014
4178

117ia
I3214

....

32%
10%

xl05% 11714x105%

44
24
110

pref.

Ohio Central
Ohio & Mississippi ...

St.

14
11

8

pref

Northern Pacitlc

St. L.

57ia

'Prices asked.

72=8

109% 105%

39
46
47
47
& Gt. No.
1479
10
15
I414
& Des Moines
36 14
30
35
pref
"3514
30
38%
30%
35
sm
Lake Erie & West....
108% 107% 111% 108% 105% 10978
Lake Shore
139
164
160
115
161%
Nashv..
140
loulsvUle &
Keck.

*.57

70%
113%

80
111% 111% 111
114
I6I4
2:14
17
1314
151a

77
110

80 13
Tex. Cent.
H«u8t.
xl02 %
Illliioi.s Central
West
Bl.
&
Indiana
Intcrna'l

"76%

23%

106% 110% IIOI4 10778 110%*108%
190
186
194% 192%
151% 190

107»4
152>4
441s
DO'S
78>8

-AprU.-March. Various.
Feb.28. Low. Hlicb. Mar. 31. Low. Hlicb. Apr.30,
Boston Water Power.
17% 16
17%
1.5
11
11
Caiit<m
58% 58% 58% 'Ol
63
64
Del. & Ilud. Caual...
80
78°8
86% 85% 78
86
80%
NewYorkOas
104
104
Oreg'u R'y & Nav.Co. 110
105
111
xl07 xllO xllO
PacKlcMall
46% 36% 62
41% 3779 45% ACa
Pullman Pal. Car Co. *119
115
118%
1147g 117
7
Sutro Tunnel
3%
379
27g
11^
27»
2
2=s

•67
0278

72
80
72
20 14
24% 20 14
30l8
27 14
27 13
31
35
301a
23 >a
25% 21%
23'8
271* *24%
113
108
113
107
'lOeia IO6I4 110
U15T8 124
127
125
149% xl23ia
Il44ia I4OI3 I49I2 148iaxl23
"'
8338 5*2=8
75%
83% 77=8
79
SO'b
105% 102
104 XIO314 1071a xl04% 102
93=8
93 19
97
96% 92% 97
911a
SOie
211a

AOliio

ClJcs.

69%

6478
18

.

-April.
HIkIi.

451

6=8

$76,613.52S; 326,546,231 $782,573,921
19.'237,823
2,580.986
14„368,4,50
$79,224,514 $640,914,681 .$801.1^11,744
Total
72,784.731 557,311,629 678,0:! 1.551
Imports
Excess of exports over Imports
6,439,763 $83,603,032 $123,790,193
Excess of ImiTOits over exports

1880.—Exports- Domestic
Foreign

29

1879.— Exports— Domestic
Foreign

il2
Total

34
*12
*64

4%

29%

....

$67,604,647 $559.868, 135 $720,100,529
20,743,648
1,611,342
14,671,684
.$69,215,989 $574,539,819 $746,844,177

43,041.765 345,363,853 462,309,616
Imports
Excess of exports over Import* $-26,174,221 $•229,175,966 $284,534,561
Excess of imports over export.'.

The following Ls a statement showing, by customs districts,
the values of merchandise imported into and exported from the
United States during the month of March, 1880:

THE CHRONICLE.

452
Ctutoms

Imimrts.

DistrlctB.

Baltimore, Md
Boston, Ac, Mass
Braios, c!tc. Texas
Buffalo Creek. N. Y.
Cliiniiiilala, N. Y

$1,433,248
8,(585,533
.

Cliarlcstoii, 8. C
Corpus Christl, Texas.

Midi
Galveston^Texas
Huron, Midi

Detroit.

West. Fla

Minni'sota, Miiin
Mobile. Ala

•New Haven, Conn

New Orleans, La
WewYork. N.Y

Niagara, N. Y
Norfolk, &c.,Va
Oswefffttehie, N. Y
Pas-sjunaquoddy, Me..
Peiisacola. Fia
Philaddiiliiii, Pa
Portianil, &c..

Me

V»

Bidiniond,
fialuria,

Texas

Ban Franoiseo, Cal.
Savannali,

Foreign

Exports.

Exi>ort8.

$6,924,921
4,671,525
108,728
38,312

129,202
293,333
84,<>55
171,281
1,929,678
673
19,.568
35,205
123,876
142,359
2,416,788
50,204
394,936
333,306
54,193
39,303
66,132
10,692
481,672
15,549
4.6,56
73,077
901.132 12,416,608
49,248,924 33,074,584
204
280,469
1,540,429
3,569
26,955
109,208
32,187
53,313
300,7.i4
2,874
3,897,589
4,126.939
782,584
87,120
204,689
3,166
56,550
5,800
2.739,183
4,044,0681
2,719,394
1.388
92,618
463,710
339,577
11,888
211,018
23,659
683,948
122,687

,

Key

Domestic

. .

Ga

Vermont, Vt
•Willamette, Oregon...
Wllniln-?ton. N. C
All otlidr districts

—

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

Total.

$5,282
154,139
52,249
135
3,292

604

[Vol,
Per cent.

Bank

rats

Open-market rates—
30 and 60 days' bills.
3 months' bills

4mi)Utli8' liank bills
montlis' bank bills

21a
2»s

4

—

Annexed

"i76 Bank

is

a statement showing the present position of the

Bank rate of discount, the price of Conthe average quotation for Eaglish wheat, the price of
Middling Upland cotton, and the Bankers' Clearing-House
return, compared with the three previous years
of England, the

22,269
539,982
4,256

:

1879.

J880.
2,799
43,1.57

682
80,779

273
$911,760

Paris

EXCHANGE ON LONDON.

17.

Amsterdam
Brussels

Bank

Open

rate.

market.

Pr. ct.
2I3
3
312

Pr. ct.

BerUn

iiios.

Antwerp
Short.

Amsterdam

3

Berlin
Hauiliurg

.

Frankfort

. .

Rate.

Vienna
St. Petersburg

25-4212 a25-47%
•25-47 1*2 ®'25*5'2^ April 1.^ siioVt.
12^1i2 •®12^2i2
April 15 Short.

•2531
12-0812

20^62
20-62

®20U6

April

'»20^66

.April

15
April 15
April 15 3mo8.

20-4612
20-45
20-47
11-91

April 14 3 mos.

48-80

April 14 3mos.
April 14
April 14 Short.
April 14 4moe
April 14
April 14
April 14

251332

2002 ®2066
12^7i2 al212ia

Vienna

27-85

Genoa
Madrid

1

,

siioVt.

®27-90

47^®48
47''s®48i8

Cadiz

62i.j®5^2i^

90 days

Ugbon

24l3i6®25ii8

St.Pctersb'rg 3 mos.
Alcxandila..

New

Time.

York...

Bombay

....

30 days

Is.
Is.

Calcutta ....

8d.
8d.

Bong Kong..
Sbangbai

I

From our own

97
4-84
Is. Shed.
18. 8i]«d.

38. 9i«d.
5s. 238d.

—

—

character, indicating that assistance
far as

oar trade

is

is required for legitimate
concerned, this admits of no

doubt while the loans and public undertakings introduced of
late have only been successful when the public had been convinced of their soundness. The loans for our colonies are still
very popular, while the foreign loans brought forward have
been chiefly for small amounts, and for countries which, though
not amongst the leading nations of the world, are yet relied
J

for their integrity. We have not yet reached the period
of recklessness in the investment of our surplus capital, and it

upon
is

hoped that that period

Money has been

is still

in fair

2i2®234
2148212
2*^8 a2"e

3i2®3^

4
..

.

remote.

demand throughout the week, and

the rates of discount are firm as under

Bank

Open

rate.

market.

Pr.

Barcelona
Lisbon & Oporto.

Copenhagen
New York

Pr. ct.

4

3i2®4

4
6

4®4i3

®5i2 Calcutta

6

ct.

4
4

&

4 ®5
5'2®6
4 ®4ia

5i3®6>3
6

Gold continues in demand for Spain, though the inquiry had
abated early in the week. A considerable quantity of gold has
Bar silver
also, it is stated, been sent from Paris to Madrid.
has declined in value, owing to the fall in the Indian exchanges;
but Mexican dollars are higher, the demand for China being
India Council bills were disposed of on Wednesday at
active.
The following prices of bullion are
Is. 7 13-16d. the rupee.
from Messrs Pixley & Abell's circular
:

s.
d.
GOLD.
per oz. standard. 77 9128
Bar gold, flne
standard.
7711
®
per
oz.
20
dwts.
silver,
Bar gold, containing
per oz. 74 6 -a
Spanish doubloons
-a
per
oz.
73
9
South American doubloons
poroz. 76 312®
United States gold coin
oz.
314®
per
76
German gold coin

SILVER.
17, 1880.

The money market has presented a steady appearance duriner
the week, and there has not been much variation in the rates of
discount. The fortnightly settlement on the Stock Exchange
has caused a little more animation in the demand for accommodation, and the payment of a large sum of money into the
£ank 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 fa«t 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 characterized by a certain degree of inactivity, the probability is
that the steady development of onr commerce, and of general
enterprise, will continue to eieri; its influence in monetary
circles, and will enable capitalists to obtain better terms.
The
additional inquiry for money is undoubtedly of a very healthy
As

®2i8 Genoa
Geneva
2\w'S
3 ®3i4 Madrid, Cadiz

correspondent.]

London, Saturday, April

purposes.

3

3

25^2712

S25^30

I23I2 ®12-4

uios.

rates of discount at the prin-

2

3

Hamburg

April 15 Short.

Rate.

Time.

3

Latest
Date.

l-'i-aukfort

Short. 23^25

Aiiisteraam

£

*

29,691,032 28,373,888 28,744,433
6,515.999
7,241.867
6,457,402
31,821,551 21,151,689 19,490,216
Governm'tsecurities. 15.947,079 14,906,801 22,3.59.140 2;l,190,134
18,607,495 2'2,3:U,573 16,556,488 15,.'<-29,901
Other securities
9,846,189 12,779,964
Rcs'veofnotes&coiu 15,967,962 19,091,514
Coin and bullion in
both depai-tnieiita.. 23,283,387 33,516,239 22,925,444 26,194,994
Proportion of reserve
49-41
32-93
42-63
4855
toliabiUties
2 p. c.
3 p. e.
2 p. c.
3 p. c.
Bank rate
95 18
93
95
99
Consols
528. 4d.
51s. 5d.
4Ss. 4d.
41s. Od.
Eug. wheat, av. price
eigd.
7d.
614a.
Sl^ind.
Mid. Upland cotton-.
"'
~
112,727,000
Clearing-Houseret'n. 96,937,000 64,680,000 109,437,000

cipal foreign centres

EXCHANGE AT LONDON—

Paris
Paris

1877.

1878.

£

£
Circulation, including
Bank post bUl8.... 27,619,301
6,208,026
Public deposits
26,374,3m
Other deposits

BATES OF EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.

On-

'93^

3

.sols,

'

AvHIL

2''e-a>3

& 6 months' trade bills.

:

i',686

'

'

Per cent.
23ja2'g

The rates of interest allowed by the joint-stock banks and
discount houses for deposits are as follows
Per cent.
2
Jolntrfltook banks
2
discount houses at call
214
with 7 or 14 days' notice
Do

The following are the current
"

>

Open-market rates —

3

XXX.

d.

s.

75

d.

per oz. standard, last price. 5li3ie'a
do
grs. gold. per oz. standard,
523i6 ®
per oz. 551016®
peroz. 5158 ®
peroz.
-a
^
Discount, 3 per cent.
Quicksilver, £6 17s. 6d.

Bar silvw, flne
Bar silver, coutain'g 5
Cuke silver
Mexican doll.irs
ChlUan dolhu^s

<

d.
...
...
...
---

...

Messrs. Hambro & Sons have introduced a Norwegian loan
for £1,156,000, of which £381,000 are now offered for public subscription. The price of subscription is £97 10s. for each £100
stock, the rate of interest being 4 per cent per

object of the loan

is

to

redeem the

4^

annum.

The

per cent loans issued in

1858 and 1863, and partly for other State requirements, including a further contribution to the Norwegian Mortgage Bank.
The next series of sales of colonial wool are announced to
commence on the 20th inst. 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 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 oa
but there is a fair show of foroffer throughout the country
eign produce. Buyers operate with caution, and as prices continue 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 especially the case early in the week ; but the uncertainty of the
money market has lately induced operators to be more cautions.
Egyptian bonds have attracted considerable attention, it having
been officially announced that all points of difficulty between
Messrs. Rothschild and the Egyptian Government have been
;

I

Mat

THE CHRONK.'LK

1880. J

1,

453

There has also been some activity in the marlcet for
Daring the week ended April 10, the dales of home-grown
Great Western Railroad bonds, and especially for wheat in the 150 principal markets of England and Wales
the 1st preference; while there has been some inllueutial buying amounted to 24,043 quarters, against 52,939 quarters last
of Canadian railroad bonds, which has led to a decided rise in year; and it is estimated that in the whole kingdom they were
arranged.

&

Atlantic

prices.

new Russian loan
money markets as soon

be brought out on the European
as the Russian Government, and tliose
to whom they may entrust the operation, can see the way clear
to float it at a satisfaiitory 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 dislant
parts of the country, and these will have no effect upon theg(Mi(>ral result. The Liberal party has undoubtedly succeeded beyond
its own anticipations.
It has a substantial majority, without
reckoning upon the support fif the Home Rulei-s, and tliis f.i<;t
has had the etfect of promoting confidence amongst most
classes of the community. The reason for such a change in
the opinions of the electoral body is now the subject of much
discussion, and the more general conclusion arrived at is that
years of depression in trade have led the woi'king classes,
whose votes have, a great preponderating influence, to desire a
change, hoping it may bring about some advantage to them.
The change would probably therefore have occurred, whether
the Government had been Whig or Tory. Those who, though
Liberals, have given their support to the Government policy will
now be desirous of knowing what is the process by which the
end sought by the present Government could have been
attained by the Liberals". The opposition has been on several
occasions hardly pressed for an answer to this question but,
excepting the trite reply of an eminent member of the House
" that's tellings," no re.sppnse has been given. Mr. Gladstone
and several other leading statesmen are anxions now that the
past should be forgotten, and are desirous of convincing their
supporters of the need of legislation for the future. We are
will

;

inclined to believe that the change of government will be beneficial to the country.
After six years of laborious work, a

change

to

is

many

years,

some extent necessary
difflculties in

have been overcome, we

and as, during the past six
;
the commercial and financial world

good prospects and
renewed prosperity.
Annexed is a return showing the extent of our exports of
British and Irish produce and manufactures to the United
States during March and during the three months ended
with

many

March

31

commencement of the season, it is computed that the
following quantities of wheat and flour have been placed apon.
at the

the British markets since harvest:
1879-80.

Imports of wheat.owt.38,3 j5.301
rmiuirt.s of Hour
6,700,507
Sales

of

1878-9.

1877-8.

1876-7.

29.684.803
5,310,030

36,498,680
5,592,130

23.200.710
3,805,195

home-grown

produce

17.291,000

30.407,500

24.329.000

26,374,700,

0,5,408.301

00,419,816

53,040,005

1,230,521

1,243,841

004,601

Result
61,405,632
Av'go price of English
wheat lor the season. 463. lOd.

04,231,840

05,175,975

52,970,00*

4d.

528. 8d.

Deduct

e.xports

wlioat aud

ttoiir

40.S.

6d.'

40,1.

The following figures show the imports and exports of cereal
produce into and from the United Kingdom since harvest, viz.,
from the Rmt of .Sspteraber to the close of lait week, compared
with the corresponding period in the three previous seasons:

Wlicat
Barley

IMPORTS.
1879-80.
1878-9.
cwt. 38,355.361 29,684,805
10,54(i.479
7.443,980
5.508.8.50
6,571.218
1.375.482
971,713
1,659,019
770,311
15.079.287 19.327.939
6,706,567
5.316,056

".

Oats
Peas

Beans
Indian
Flour

com

1877-8.

1876-7.

36,498.680 23,200,710
9,165,737
9,.563,762
6,912.519
6,305.861
1,118.864
819,929
2.276,643
3.050.6,54,
10,295.913 20,213,555
5,592,130
3,863,195

EXrOBTg.

Oats
Peas
Beans
Indian

1879-80.

1878-9.

850.311
16,451
08,030
84.723
26,404
565.465
90.985

1,145,272
90,346
59,023
12,122
7,025
200,864
91.249

cwt.

Wlicat
Barley

com

Floui-

1877-8.
1,203,312
37,620
23,204
15,862
14,830
146,815
40.529

1876-7.

638.919
33,542
77,501
19,953
18,973
307,847
25.682

Ensllitb

Market Iteports— Per Cable.

The

daily closing quotations in the markets of London and
Liverpool for the pa.st week, as reported by cable, are shown in

the following

summary:

—

London Money and Stock Markrt. The bullion in the Bank
of England has decreased £128,000 daring the week.

Apparel and slops

JS

Bags aud sacks
Beeraudalp

doz.
bbls.

Cotton piece sooUs. vds.
"^
Eartlionw.A
"
' poicelain.i
.

Haberdashery and

£

Hardware aud cutlery. £
Iron— Pig
tons.
Bar.&c
tons.
tons.

Hoops,

22,343
30,035
3,429

524
372

and

sliccts

lioilerplatcj

tons.

Tin idatts
tons.
Cast or wrouglit..tons.

Old
Steel— Uuwrought
Lead— Pig
:

-In Three Months.1879.
1880.
735.660
'878,296
14,178
22,535
92,169
87,971
4.609
5,711
86,165,600 26,525,400

149,228

223,724

83,597
83,164
9,792

127,200
117,259

715

23.S27
43,367

mil-

linery

Railroad

262,608
328.364
3,453
0.274
38,385
25.858
1.887
2,006
5,886,900 7,568,900
76,783
94,269

tons.
.tons.
tons.

140

50,275
43.170
106,302
10,482
15,198
4.479
14,801

845

428

1,034

44.861
5,625

235
32,933
1,798
1,601
1,432

14,421
42,071
2.201
9!),

U3
88
183
y.arn
lbs.
112,000
618,900
292,400
1,699,900
~ "400
Linen piece goods., .yds. 8,84
9,436,500 27, 736,400 35,939,000
J lite manufactures, except liags
yds. 4,202,900
7,G00,00O
^
Machmeiy
a
18,603
33,553
36,834
J3,747
Paper— Writing or print-

cwt.
kinds, except
paper liangiugs.cwt.
Salt
tons.
Silk broad staffs
yds.
Blbboiis
£
Otber articles ot silk
Otlier

£

only...-

130

265

343

660

1,981

991

61,704
118,792
2,774

117,873
1,166

438
17,862
35,063

12.680
26.010

733

334

56.74 S

1,810

3,308

6,226

10,301

£

3,3.'52

gals.

2,354

9,078
3,813

13,056
11,970

23,674
15,747

5,157
7,939
Tin— Unwrimght ...cwt.
4,785
4,446
Wool— Britl.Hli
lbs.
52,300 2,387,100
Colonial * foreign. lbs. 1,1H9,000 4,480,600
Woolen clotli
yds.
72,900
283,500
Worstwl Ktufls
yds. 3,170,900 3,719,800
Carpets, not being
rugs
yds.
9.400
160,100

15,661
9,117
1 17,000
2,576,000

15,291
9.IS1
5.737.900

of silk

and otber

materials
Spirits— British..

..

Stationerj— Other than

s

.

Mon.

Tues.
April

Wed.

April

April

Thurs.
April

24.

26.

27.

28.

29.

peroz
d. Sl^s
5116,6
Si's
Consols for money
98i»i8 98:6,9 99r.,e
Consols for account
99:1,8
98>6i n 991,8
U.S. 5s of 1881
104 12
101% 10478
U. 8. 4i2s of 1891
IIII3
Ill's
Ill's
U. S. 4s of 1907
109>2
109=8 ~ 109=8
Krie, conmion st«ck
44>4
44%
44!%
rUinois Central
,...110
110
109%
Pennsylvania
56»8
f>6^
56%
PUlladelphia& Reading. 34H
33%
Silver,

5115,8
991,6

99 >«
1047,
Ill's
109»s

&2>8
9815,8
991,6

30.
.5216

991,8
991,8

104T8

104 Tb

111%
109%

111%

108

108

43n8

43%

109
56 14
33

Fri.

April

32'

109 »8
4338

30"a

— See special report on cotton.
Market. —
Mon.

Sat.
».

3
2
9
9

"99

Liverpool Provisions

11

4
4

Mon.

Sat.

.

4

d.

Frt.
d.

*.

O

14

10

10
10
9
1
10
913 4
713 4

7

6

..

..

.

Thurs.

d.

Prl.

d.

37
73

65
31
35
75
37
75

Tues.

Wed.

Thurs.

d.

d.

d.

d.
..

Wed.

d.

65
34
35
75

65
34
35
75

37
75

—

Mon.

Sat.
d.

®
®

10
10
9
10
4
9^3 4

9
7
3
4 11

10 3
4 11
4 10

».

65
34 6
35 6
75
37 6
75

London Petroleum Market.

,

10
9
10

Tues.

rf.

«.

.

«.

14
9 11

16" "7

97

3>2
2is

Thurs.

rf.

14
10

1010

99
10 4
5
5

(t.

14
10 1
9 8
10 8

Market.—

Pork, Wc«t. mess, .^bbl.65
Bacon, long clear, cwt.. 34
Short clear
"
35
Beef, pr. mess, ^ tierce. 75
Lard, prime West, ^cwt.38
Cheese. Am. choice " 75

Pet'leum. ref ^ gal.
Pot'lcum, spirits "

s.

14 3
10 2
9 9
10 9
10 11

3

Wed.

Tues.

d.

s.

rf.

Flour (ex. State)fcent'1.14
Whoat,spr'g,No.2,100lb.l0
Spring, No. 3...
"
9
Winter, West.,n.
"
10
Southern, new .
" 10
Av.Cal. white..
California club.
"
10
Coro,mix.,W.old:Bcent'l 5
do do new. "
5

12,19'<.120

575.000
1,231.200
7,917.200 11.583,200
63,600

Liverpool Breadstuffa

362

11,125

.Tiite

ing

Sat.

April

Liverpool Uotton Market.

14,801

657
42

1,184

232.52.!

®
a

..

6

..

..

'i»6'«

»

..

6%a7is

.

a

Fri.

..

096,100

The following were the quantities of iron and steel rails
shipped to the United States in March and during
the three
months
la March-Iron rails

uidb.
...tons.

Steclrails

In 3 months-Iron

rails

Steel roUs

1^*^5*1*^
.

.'

.'

! !

—

^^"°"

30?
S75

^Tmn
J-'otti
'
17,'322

'

02,352,923
of
947,296

Total

:

cwt.

—

against 7.031,000 quarters in the corresponding period of last
Without reckoning the supplies famished ex-granarjr

season.

start again with

-In March.1879.
1880.

paper

against 212,000
qnarters in 1879.
Since
the sales in the 150 principal market*) have been
tt97,i)5C quarters, against 1.757,739 quarters ; while in the whole
(vingdom it is computed that they have been 3,990,2.'0 quart«r8,
harve.st

indications of

Alkali

Do

quarters,

98,000

A

Imports ajtd Exports foe thb Webk. 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 5Jl2,273,70S the pre-

THE CHRONK'LE.

454

eediog week and $8,938,079 two weeks previous. The exports
for the week ended April 27 amounted to $8,196,954, against
J7,555,58S last week and $7,545,332 the previous week. The
following are the imports at New York for the week ending

dry goods) April 22 and for the week ending (for general
merchandise) April 23:
FOBEIOH IHFOBTS AT NEW TORK FOB THE WEEK.

(for

6,132,219

1878.
$1,148,496
5,183,353

$1,785,.383

'
General mdse...

5,687,716

1880.
$2,302,469
8,606,373

Total week
Prev. reported..

$7,244,061
103,028,044

$6,331,849
90,653,114

$7,473,101
95,365,350

$10,908,842
154,245,181

1877.

$1,111,8«

Dry Goods
•

1879.

Cotal S'ce Jan. l.$110,272,108 $96,984,963 $102,838,451 $163,154,026
In our 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 ol
specie) from the port of New York to foreign ports for the
week ending April 27;
EXPORTS FROM KBW TORK FOR THE WEEK.
1877.
$4,591,867
81,774,138

For the week
Prev. reported..

1878.
$5,945,499
107,557,456

1879.
6,9.76,903

t 6,4.80,289

1880.
$8,196,934
106.094,123

West Side & Yonkers.— A mortgage from the West Side &
Yonkers Railway Company, organized in 1879, to the Central
Trust Company was recorded this week. The instrument was
dated Feb. 1, 1880, and is given to secure the payment at the
end of thirty years of registered iirst mortgage bonds of $100
each, aggregating $1,142,500, and bearing interest at the rate
of 6 per cent. The railroad company is about building a railroad from River Street and Eighth Avenue to Yonkers, connecting with the upper terminus of the Metropolitan Elevated Railway by a bridge over the Harlem River, authorized by the Rapid
Transit act passed by the Legislatare in June, 1875.

New York City Banks._The following statement shows
the condition of the Associated Banks of New York City for the
week ending at the tjommencement of business on April 24, 1380:
Banks.

Capital.

1. $36,366,003 $113,502,955 $103,137,192 $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 comparison of the total since Jan. 1, 1880, with the corresponding

The

totals for several previous years:

New York

2,000,(X)0

Manhattan Co...
Merchants

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
300,000
1.000,000
1,000,000
300,000
200.000
200,000
800,000
300,000
800,000
5,000,000
5,000,000
1,000,000
1,000,900
422,700
1,500,000
460.000
412,500
700,000
1,000,000
500,000
3,000.000
600,000
1,000,000
500,000
500,000
500,000
1,000,000
1,000,000
300,000
400.000
1,500,000
2,000,000
600,000
240,000
250,000
3,200,000
2,000,000
300,000
750,000
500,000
1,000,000
800,000
250,000
200,000
750,000
300,000
100,000

Mechanics*

America
Phcenli

20— 8tr. Santla^to
21—Sir. Niagara
22—8tr. Bermuda

Havaua

Span, doubrns.

Hamilton

524—Str. Celtic

Liverpool

Eug.jjoid sov'ns
Mex. silv. dols,

24—Str.

London

Mex.g'd

St.

Rliein

Tradesmen's
Chemical
Gallatin Natton'l

Butchera'&Drov.
Mechanics' Sc Tr.
Leather Man'f rs
Seventh Ward...

April.

Jago de Cuba

Mex.

$1,600
22,800
3,900
9,980
9,000

silv. dels.

(eagl's)

Slate of N.Yorlc.

Broadway
Republic

Total for the week ($11,580 silver, and $35,700 gold)
PrevlouBlyreported ($1,651,693 sUv.,and $1,512,896 gold)

Tot since Jan. 1, '80
Same time in—
1879
1878
1877
1878

($1,663,278

$6,602,901
7,063.105
4,653.632
16.033.447

The imports

and $1,548,596 gold) ..$3,211,874
Same time In—

silv.,

Same time
1873
1874
1873
1872

$47,280
3,164,594

..

in

1871
1870
1869
1868

$23,183,975
11,230,486
18,527,757
10,763,518

$23,143,056
8,689,237
10,914,451
22,821,938

same periods have

of specie at this port for the

been as follows:

17—Str.

19—Str.
19—Str.

Chatham
Hanover
Irvinff

Metropolitan
Cltiiens'

Nassau
Market
St.

Nicholas
& Leather..

Shoe

Continental

Marine

April.

Importers'

Crescent City

U.

S. of

British
C. of Dallas
C. of Alexandria-Mexlco

Colombia. ..Am.

silv. coin..

Am.

gold com..

West

$1,232

250

For. silv. coin..
Gold bullion...
Silver bullion..
Indies. Am. silv. coin..
Am. silv. coin

20(j

1,000
1,330
2.237
3,358
1,338
1,500
58,441

.

Am.

gold coin.

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

2,0 1
2,921

.

21—Str. Bermuda
British West Indies. For. gold coin..
21—Bohr.E. B. Coombs... Venezuela
Am. silv. coin..

17
183
83
217
41,316
620
5,000
2,278
1,050
500

For. silv. coin..
21— Schr.F.E.MoOonald.Venezuela
Am. silv. coin..
For. silv. coin..
.•
31—Str. Alps
West Indies
Am. silv. coin..
Am, gold coin
For. SUV. coin..
For. gold coin..
23—Bark Kestrel
Danish West Indies. Am. silv. coin
Am. gold coin..
23—Str. Felicia
Danish West Indies. Am. silv. coin..
Am. gold coin
Venezuela
Am. silv. coin..
Am. gold coin..
21—Str. Canima
Porto Rico
Am. gold coin..
Am. silv. coin
24— Str. Neckar
Gei-many
Trade dols
24— Str. Alvo
U. S. of Colombia... Am. silv. coin..
.

.

Same time
1879
1878
1877
1876

Same time

in

1875
1S71
1873
1872

$3,459,278
10,412,373
6,270,074
1,552,308

The following

table

and $1,203,578

$5,593,610
1,234,079
1,593..530

633,519

Balances.

April 21...

Ttotal

$

677,416
1,277,698
952,649
847,001
784,295
2,030,459

28
79
92
98
68

666,207 31
1,214,365 21
349.889 26
396,670 57
1,920,401 73
2,839,230 08

e.seo.-ws 36

7,386,764 16

71

:

2,527,700

S20,50(J

478,800
408,800

170,000
102,800

299,100

48,lijo

101,402,103
101,664.792
102,187.098
102,366.131
101,098,421
100,040,911

08
28
69
81

21

1,276.400

605.000
2.218,500
332,000

8,642,000
4.477,200
5,181,300
6.111,300
8.615,300
5,819,400
2,637.000
6.641,100
1,884,700

•

2.138.2(J0

1.294.500

168,000
952,000
181,100
862,100
99,200
2,021,000
737,800
82,90C
92,000
2,811,400
436,000
9,188,000
1,002,100 10,203,400
257,300
4,040,000
167,400
2.966,200
211,300
1,981,100
122,700
8,137,700
134,100
3,404,900
97.ea
83,000
1,168,700
234.000
142,000
2,283,600
1.824,100
421,800
7,993.700
441.901
220.800
2,558,100
2.4O3.OO0
703.000 10,798.000
182,90(
252,100
1.659.900
113.701
124,100
1,906.700
56.300
448,800
1.872.000
418,000
69,800
1,738.200
802,000
246.000
3.330.000
2la,100
123,000
2.614,200
1,308,600'
198,000
8,652,800
31.4O0r
1,373,600
268,500
712.000
168,000
3,252,000
4,179,600
551,900 18,472,.3G0
3,469.1001
763,600 16,677,000
111,900
88,200
587,900
35,300
115,400
882.700
71,3001
74,600
723,300
2,376,300 1,293,300 14,300,000
729,000
767.000
7,020,000
350,000
363,000
3,038,000
621,400
314,600
3,920,300
3.3i;,800
352,500 12,943,000
1,878,200
723,100
7.870.400
95.800
175,000
1,033.500
80,000
281,000
1,088,500
44,000
309,800
1,332.600
193,600
90,200
1,817,000
599.100
147,600
2,876,000
1,523,500
243.200
54,700

1,540,700

Ciroultt.
tion.

495,000

400
502,200
44,500
1,100

537,000

7W,606

1,19-J,900

11,897,800
2,572.000

99,00(
16,400
444,100
109,500
581,000^
1,939,000
2,769,300
739,900
486.700
218.1O0
841.8O0
726,801.

week

deviations from returns of previous
Dec. *6,364,600
Dec. 1 ,087.200

Specie
Legal tenders

857,400
713,600
261,700
180,000
2,700
474,200
37,800
627,200
460.000
1.410.700

900.000
179,800
1,125,0()6

132,000
S,400

8oo,o66
437,800
46,000
269,600
8,900
444,800
450,000
460,000
4.600
761,900
180,000
1.111,600
533.900
357,200

225.000
810,000
1,484,000
45,000
450.000

450,000
800,000
270.000
224,006
180,000
243,200

Inc.

1,586.100

|

1

are as follows

Net deposits

:

Deo. $4,623,100
Dec.
230,200

Circulation

1

BiNKIJiG AND FINiNCIAl.

FISK & HATCH,
NASSAU STREET, NEW YORK.

NO. 5

FIRST MOBTGAOE BOXOS
of the

NEW YORK WOODHAVEN & ROCKAWAY

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

76
47
72
66
79
99

R.4.ILR0AD COMP^JT*.

Interest Seven per cent per Annum,
Payable January 1 a/Kf July 1, in New York City.
Principal due in 1909.

TOTAL AMOUNT OF ISSUE,

-----.

$1,000,000

Price 106 and Accrued Interest.

The natural advantages of Rockaway Beach, with the ocean on one
and Jamaica Bay on the other, enhanced l>y the extensive improvements now in proRresa and to be completed in time for the coming
season, will render it the most attractive seaside resort in the world
and when brought within easy reach of New York and Brooklyn by a
double-track rapid transit railroad, with flrst-ciass appointments, it
cannot fail to be tlirouged with visitors from all pai-ts of the couuti'y.
side

Currency.
21

800,600
8*3,300

2,168,10(1
2,843,00.0

PURCHASE MONEY FUNDING BONDS

$

Virginia State Finances.—A despatch from Richmond, Va
'•
sa.ys
The Supreme Court of Appeals of Virginia
to-day decided the cause that has been for some days pending
before it, to test the constitutionality of the McCnlloch
debt
settlement law. The Court decided the law to be constitutional
and held that the coupons from the bonds must be received
by
the Auditor in payment of all daes to the State, and that
no
ax can be deducted from them."

AprU 29.

The

315,800

12,847,900
3,478,000
8,981,600
1,4S2,400
980,000
970,900
2,757,900
828,200
3,542,400
13,020,000
14.772,300
5,384,800
3,377,700
2.143.400
5.613.100
3.202,300
1,342,900
2,326,000
7,974,800
2,789,800
11,233,000
1,702.000
2.148,900
2.409.600
2,026,100
3.239.000
3,869.800
5,456.800
1.523,800
2,887,000
17,524,400
14,251,800
818,200
857,000
1,016,700
15,364,100
8,079,000
2,729,000
4,388,70C
11,915,000
7,577,O0C
1,352,000
1,862,100
1,283,600

1,982.000
728,100
1,173,000

S.

60,475,200 278,888,200 48.983,600 15,432,100 248.896,700 20,612,800

Loans and discounts

in

$2,994,431
6,310,509
8,463.145
2,817,142

Gold.

Total

$145,702

8ub-Trea.sury in this city, as well as the balances in the same,
for each day of the past week:
Payments.

Fifth Avenue....

1,6.80,000

485,000
172,700
206,200
488,000
61,000
386,600
50,000
108,000
79,800
80,200

2,859,734

..

shows the receipts and payments at the

Receipts.

Germ'nAmerlc'n
Chase National..

9,733
3,000

gold).. ,$3,003,436

1871
1870
1809
1868

.

N. Y. Nat. Bxch..
Bowery National
N.York County..

127
400

Same time

in

First National..

Third National

2,100
1,010

.

silv,,

& Tr..

Park
Mech. BkK. Ass'n
North River
Bast River
Fourth National.
Central Nat
Second Nation '1.
Ninth National..

8,740,000
6,361.400
6,668.000
6.533.000
4,438,600
8,503,700
3,181,000
6,323,600
8.047,600

other
Tenders. than
U.

220

.

Tot. since Jan. 1, '80 ($1,796,858

Specie.

1,200

„.„._.

Total for the week ($133,423 silver, and $12,279 gold)
Previously reported ($1,663,433 silv., and $1,196,299 gold)

Average amount of
Net dept's

Loans and
discounts.

City

Total a'ce Jan.

XXX.

[Vol.

of the

CHESAPEAKE & OHIO RAILWAY COMPANY.
Interest Six per cent per

annum, payaiile January

1

and July 1 In

New Y^ork City.

-----

Pkincu'AL due IK 1898.
$2,330,00«
TOTAL AMOUNT OF ISSUE,
Price 107 and Accrued Interest.
These Bonds are the First Lieu on the entire Property and Franchises
of the Company. The property, consisting of 423 miles of completed
road, represents a capital in Stock and Bonds of over $50,000,000 and,
with the steady growth of the business of the road, and the perfection of
its connections and terminal faculties, now in progress. It is rapidly
;

increasing in value.

Both the .above issues
still

of Bonds, of

which we have but a small amoont

unsold, are especially desirabl* for investment purposes.

FISK &

HAIfQ

Mat

1,

THE CHRONICLE.

1880.]

She

Vnlted States Bonds.

IPawluers' (Sa^jettje.

lows

reoontly been imnoonced

Per

When

Cent.

Payable.

Railroad*.
AtchlBon Tujieka

&

&

Alliaiiy
Jiostoii
Bos. Clint. I'itchb'g

iiuutaFo

$4

4

N. B., pref.
Cinu. San. ACleve., pref

Concord
East Ttiiu. Va. & Ga
Mauchetiter & Lawrence

Naabua

2's

3
5
3
S

Lowell
N.Y. PrOT. & Bos. (Stoning.) quar,

3

American Exchange

3>3
31s
21a

it

Hanks.

National....

FiUton National
NatiouHl Much. Banking Ass'n
Union National

. .

2

6

miscellaneous.
Pullman

I'alacc

Car (guar.)

May 25 May
May 15

18 to

May

Interest
Periods.

23.

1880
68,1880
68,1881
68,1881
58,1881
5s, 1881
4ia8, 1891
4iss, 1891
4b, 1907
48, 1907

May

15

1

1
1

to

May

10.

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

FRIDAIf, APRII. 30, 1880— S P. HI.
Tbe Money Market and Financial Situation.—The finanThe supcial situation remains much the same as last week.
ply of loanable funds is sufficient to meet all current wants,
but there has been c[uite an alarm over the reported withdrawal of several millions of banking capital by the Canadian
banks and other foreign bankers, in consequence of the law
passed at Albany proposing to tax such capital employed in
this State. The bill which has been passed by the Legislature,
and is now in the hands of G-ovemor 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 or p.irtners, whether special or otherwise, and resident of this
tate, shall be iusacssed and taxed on 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
property of the Arms, persons or associations to which they several ly
;

68,
68,
6s,
68,
6s,
•

our'cy,
our'oy,
our'cy,
our'cy,
our'cy,

This

18

iril
Apr

April

24.

io.

reg.

it

will

less objectionable.

The general change of commercial prosperity in the country
is wonderfully shown in some of the statistical results.
The
immigrants landed at the port of New York in the month of
April have numbered about 50,000, the largest of any month in
the history of the port. The Bureau of Statistics at Washington has just issued the figures showing the commerce of the
United States for the month of March, and for the nine months
ending March 31, 1880. During March the imports of merchandise amounted to $70,992,000, against $41,856,000 for the
corresponding month of 1879. The exports were also very large,
the total of merchandise being $77,350,000, compared with $66,«
154,000 in March, 1879. The imports (not including specie) from
July 1, 1879, to March 31, 1880, amount to $468,200,000, against

lows

reg.

coup.
reg,

coup.
reg.

For the nine months, imports, inclusive of specie, were
$557,300,000 J exports, including specie, were $640,900,000
excess of exports over imports, $83,600,000.
exports for corresponding months of 1878-9

The surplus

of

was $229,200,000.

104 a« '104
IOCI4,

104 1«
•104 >«

106 le 106 >e

'

coup.

189 5.. reg.
1896. .reg.
1897.. reg.
1898. .reg.
1899. .reg.

'
'
'

the price bid ; no tale

was made

at the Board.

:

Range

since Jan. 1, 1880.

Highest.

Lowest.

1880
68,1881
6s.

cp. 102% Jan.
op. 104>e Jan.

13 IO414 Apr.
7 lOO^iApr.
2 10418 Apr.
2 10914 Feb.
2 IO7I3 Apr.
21 126>3Feb.

103 Feb.
loo's Jan.
103 Jan.
68,our'ncy.reg. 125 Apr.
Se, 188l....cp.
4148, 1891.. cp.
4a, 1907.... cp.

Amount

April 1. 1880.

Registered.

23
27
28
17
30
17

Coupon.

$13,865,000
176,938,550
290,660.050

$3,421,000
Cl,897,90O
208.302,850

170,0.58,800
514,793,9.50

224,223,100

79,941, -200

64,623,512

Closing prices of securities in London for three weeks past an d
the range since January 1, 1880, were as follows:

U.

8.

5s of 1881

U.S.4iasof 1891
U.S. 48 of 1907

State

Apr.

Apr.

16.

23.

Range

ir

since Jan. 1, 1880.

Lowest.

Highest.

x04ia 10488 10478 x04ia Apr. 15 106''8 Jan. 12
IHI2 111% logo's Jan. 2 111% Apr. 10
109 H 109 >s 109 »8 IO6I4 Jan. 2 109''8 Feb. 1»

iim

and Railroad Bonds. —Transactions

in

State bonds

have been limited. A victory has been gained in Virginia,
where the State Court has sustained the McCuUoch funding
law. Bids were received by the Treasurer of Kings County for
$266,000 five per cent bonds, payable in 1891. The total amount
bid for was $1,629,000. The $266,000 was awarded as follows
South Brooklyn Savings Bank, $216,000 at 105-65@106-55
Geo. K. Sistare's Sons, $50,000 at 105-57.
Railroad bonds are higher, and Erie second consolidated were
particularly strong and active at the close.
Messrs. A. H. Muller & Son sold the following at auction
Shares.

SJiares.

•

000.

29.

The range in prices since January 1, 1880, and the amount
of each class of bonds outstanding April 1, 1880, were aa fol-

$329,400,000 for 1878-79, showing an increase of $138,800,000.
The exports of merchandise for the nine months reach a total

value of $627,300,000, against $558,600,000 for the corresponding time of the previous year, showing an increase of $68,700,-

April

106 141 'lOOift •106 >e
1021« 102 ag 102 >B 102 '« 102% 102''9:
103^ 103'8 104
10-1
104 •104
•1080b 108% *108''8 low', •108''( •108*1
loss's 108% 108'e lOS's 109
•lOft's
•107
107 14 •IO714 10718 107 14 •107 i>»
107
1071s 107% 107 1* 107 14 107 1»
•126
125 •125
125
Vi5 •125
126
125 •125 ' 125
•125
125
126
125 •125
•125
•125
125
•126
125 •126
'126
126
•186
126
125 •126
•126
•125
126

coup.

It is thought, however, that the

that

x:'

•I0414 10414 •104 14
•106 1« •100>« •1061s
'106 >8 'loeift 106 M

coup.

txslong.

Governor will veto it, or else
be returned by him and modified so as to make it

A|rU

10414 •IO414 •104U 1043^ '101

reg.

6r,

May
May 10 May 2
1

:

iucliislve.)

On dem.
May
May
May
May

May
May
May
May

:

lows

Books Closed.
(Days

At the Treas-

quite limited.

$1,148,600 fives of 1881 ; $1,693,400 sizes of 1881 ; and
$258,000 sLies of 1880.
The closing prices at the New York Board have been aa foI>

OIVIDKNDS.
Name of Company.

is

ury purchase on Wednesday the total bonds offered were
$7,835,400, and Secretary Sherman accepted 13,000,000, as fol.

national banks organized daring the past week.

The folIowlDS^trldends haro

—Government securities remained veiy

strong, aa the supply offering

NATIONAL BANKS 0R0ANIZ8O.
No

455

13 Merchants' Nat. Bank.. .135%
60 Citizens' B,ink
105
40 Chatham Nat. Bank
Ill
10 Nat. Park Bank
I2514
145ia
10 Bank of America
80 Broadway Nat. B'k.245'a;245i2
23 Bank of N. Y. Nat. Banking Association

1541a

7 Park Fire Ins
113
60 Brooklyn Fire Ins
181
120 Swlftsure Transp. Co. of
Penn
$6
50 St. Croix & Lake Superior
RR. Co. of Wisconsin
$4
225 St. Croix & Lake Superior
WarehoueoCo
$4
136ie
20Merch. Nat. Bank
35 Sterling Fire Ins
80
8 N. Y. & Boston Fire Ins . 65

13 Republic Firclus
75
50 Long Island Fire Ins
136
15 N. J. Lighterage Co
25
10 New York City Ins
60
20 Globe Fire Ins
114%
25 Broadway Ins
211
50 Peter Cooper Fire Ins
1 86
20 Mech. & Traders' Fire IU8.156
2I6I4
20 Pacific Fire Ins
20 Commercial Fire Ins
Ill's
lOlig
15 Manhattan Fire Ins
160
5 N. Y. Equitable Ins
10 N. Y. Equitable Ins
164
20 Manuf. & Builders' Ins... 140
5 Star Fire Ins
105
20 N. Y. Mutual Gaslight Co. 80i»
10 Westchester (now Cen-

The money market has been reasonably easy all th e week,
tral) Gaslight Co
76
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.
The Bank of England on Thursday showed a decrease of has been irregular this week, and at times feverish in tone.
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
against 48 9-16 the previous week. The discount rate remains have been holding for a rise till they have become discouraged,
at 3 per cent.
or from the hammering of shorts for the purpose of covering—
The last statement of the New York City Clearing-House the fact is indisputable that great weakness nas at times been
banks, issued April 24, showed an increase of $1,654,670 in the developed. Among the rumors of the week the most important
reserve held, the surplus over the 25 per cent requirement was that William H. Vanderbilt had sold to Jay Gould 100,000
being $2,191,600 against a surplus of $536,930 the previous shares of the Western Union Telegraph stock at par. No positive
week.
confirmation of this story was obtained, but it was known that
The following table shows the changes from the previous week some heavy blocks of Western Union stock had been changing
Had a comparison with the two preceding years.
hands of late, and Mr. Gould was naturally credited with beingthe buyer, for the purjjose of ultimately bringing his American
1880.
Differ'nces fr'm
1879.
1878.
Union into a consolidation. As a class the coal-road stocks have
April 24.
previous week.
April 26.
April i7.
been the weakest, and the fact seems to be undoubted that the
loans and dis. $278,880,200 Dec. $5,304,600 $231,096,900 $230,301,500 demand for coal is slack, and a nominal advance in prices of
Bpede
•48.983.600 Dec. 1,067.200
18,228.100
32,585.100 anthracite can not make up for a lack of suflicient demand to
circulation ..
20.612.800 Dec.
230,200
19,707,600
20.02 l.iOO
the tonnage produced. Ontario & Western was strong
Net deposits
248,896,700 Dec. 4.623,100 204,514.200 200,875,000 consume
purchased heavily; the Gould stocks were barely susl«gal tenders.
15,432,100 Inc. 1,566,100
45,224,500
34,933,800 and was
tained, and the general list has shown, as a rule, considerably
I.egal reserve. $62,224,175 Dee.$l,155,775
$51,128,550 $50,218,750
Keserve held.
64,415,700 Inc
498,900
63,452,600
67,518,900 lower prices during the week, closing at a partial recovery,
with a strong tone.
Burplgg..
$2,191,525 Inc .$1,654,675 $12,324,050 $17,300,150
The daily nighest and lowest prices have been as follows:
.

—

;

.

.

—

THE

456
Am.

Saturday.

Mondar,

Tuesday,

Wedncsd. Thursday

April

April 20.

AprU

April 28.

•!*.

Atl.Al'ac.Tel.
Caniidii South.
Cent. of N. J..
Cei.t. I'ai-lllc.

2m

CluF.iOhio..
prf

l-'t

78~ 'nii
44 •43
am 61 BOM
70M 78Hi 74S
74
74
78
3ti4 21K 20^
74
44

l)l»t.Tcl.

1)0

27.

"wir

78
44
77
7S
21

75
72

72

20!^

iOii

70)4

*107)<1I0

WHS

110

189

no

192

•30«

Ch.St.L.A.N.O.
Chk-.Sl.l'.AM.

75« 76!*
MjJ 15«
78
«)«
8S« S03

Ciil.Cliictl.C.

J)il.&Il.l.ama
8e!4

Dcl.l.ack.iW.
lluu.ASt. Jo..

BM4 93.V
'108)4110

B3)i »4J<

049J

A P.

ClfV.C.C.&l.

prof.

..

.

67M B8
•....

77)^

TO
84)4

80.>i

83Jt
7l)i

S4

«>H

Ijiko Shore....

Louisv.&Nash
Manhattan...
Mar.AC.lst pf.
Do 2d prf.

7«

7M

MohlluiOhlo.
Wo.Kans. AT.,
Mor.A Essex..
Nasb.Ch.&StL
NewCent.Coal
K.

N.V.L.E.AW.
pref.
Do
N.Y.Ont. A W.
Northern Pac,

Do
Do

.

pref

40» 43

Panama
Phil.

.

AKead'g

St.L.A.&T.H.

Do

pref,

St.I-.I.M.Sso.
St.L.A S.Fran.

Do
Do

04
20

R5
20

49U

50?(,

48)4

33}^

33)«

31M 33

423i

*SH
77M

42)4

2

'ijd

. .

.

411)4

05

Do

Union

2
J^ mi
m<

Paciflc.

Wati.St.L.A P.

Do

78

77

pref.

Sutro Tunnel.

2-%

89

77
2
88

40H 89V4
17

pref.

lOB^ ll)7»g
West. Un.Tel
* These are the prices bid and asfced

mi
88)4

88'4
399i

d7H

49?i

49
68
43
'2"

87«

. . .

saie

+

Sales of

Range

since Jan. 1, 1880.

Week,

Canada Southern
Ceutralof N. J
Chicago

&

Alton

Chic. Burl. & Quinev
Chic. Mil. & St. P.

Lowest.

.38,130

57% Apr.

89,780

7438 Apr.

495 99I2 Jan.
975 123 Apr.

do

& Northw

pref.

45I4
3312

7413 Jan. 14
90 14 Mar. 8

116
152

Range for
Year 1879.

Low High

Highest.

Mar. 291 75

781a
89 Ts
IOOI4
I34I2
8218
10234
941a
108
I5013

Jan. 26 11118
8538 Mar.
3438
IO7I2 Mar.
74%
97 Mar.
49=8
IIOI3 Mar.
76-'6
19434 Apr.
119
2518 Jan.
5
28
863e Mar.
38
89%
9478 Mar.
43
94
4212 Feb.
I314 4II2
76 Feb.
34
70%

89,775 7514 Jan.
921 100=8 J.tn.
41,478 88 12 Feb.
Do
do pref.
1,416 104 Feb.
Chic. Rock lal.&Pac.
297 149 Jan.
Col. Chic.& Ind.Cetit.
1,596 13>4Apr.
Dpi. & Hudson Canal
25,205 701a Feb.
Del. Lack. & Western 279.400
83 Jan.
Hanulbal& St. Jo... 10,730 31 Apr.
Do
do prcf. 26,920 64 Jan.
Illinois Central
99 12 Jan.
2,233
110 Mar.
lake Erie & Westeni
2,900 20^2 Jan.
3838 Mar.
Lake Shore
45,285 981b Jan.
nils Mar.
Louisville & Nashv.
3,250 8618 Jan.
1641a Apr.
Manhattan
57I2 Mar.
10,780 25% Apr.
Michigan Central
15,600 88-4 Feb.
95 Mar.
Missouri Kau. & Tex.
55,770 32 Jan.
49 14 Jan.
Morris & Essex .....
2,558 101% Jan.
IIOI3 Feb.
Nashv. Chatt.& St. L.
11,200 68 Apr.
128 Mar.
N.Y. Ccnt.& Hiid.Riv
17,726 129 Jan.
137 Mar.
H.Y. Lake E.<fc West. 183.524 41I2 Apr.
4878 Feb.
Do
do prcf.
2.715 63% Apr.
7379 Feb.
Northern Paciflc
4,337 27 Apr.
36 Jan.
Do
pref.
5118 Apr.
4,961
60 Jan.
Ohio & Mississippi
42,435 28''8Jan.
4412 Mar.
Pacific Mail
164,430 361a Jan.
62 Mar.
Panama
168 Jan.
190 Apr.
Phlla. & ReadlDK. ...
33,350 58I4 Apr.
7238 Jan.
St. L.Iron Mt.&South.
60,135 46.'>8 Apr.
66 Feb.
St. L.it San Francisco
2.415 311.1 Apr.
48 Feb.
Do
pref.
1,900 45 Apr.
6OI4 Mar.
Do 1 St prcf.
760 6.5 Apr.
831a Mar.
Onion Paciflc
5.262 841s Jan.
9738 Jan.
Wab. St. L. & Pa<:iflc 27.050 3b % Apr.
48 Jan.
Do
do pref. 54.600 64 Apr.
72»8 Jan.
Western Union Tel. 113.760 99% Jan.
II6I2 Feb.
* Range from Sept. 25.
t Range from July 30.
. .

Do

Chic.

I

I

Shares.

79 14 100%
•16
281a
67 108
35
891a
72 14
35
73% 98
538

75%

35%
1043a

3512

37I2

tl6
t44i4

7%
1038

123

13
31?

4%
9%
57I0

10 lo
65
3338
3913
1S2

56
53
60 la

Ala.Gt.
Alb.anv

,

1879.

.-

Susq ..February
Atch.Ton.&S.Fo.'lilwk Apr.

1880.

.

.

.

.

2.37.938

227,578
504,853
322,993
114,930
2,515,870
1,236,265
601. 301
715,007

*
t

The following are the

1,601. .S59

121,688
593,358
364.147
396,196
132.698
59,324
611,483
83.291
3,126,129

7,76.5,679

6,709,.508

2.518,599
495,890
61,812
1,080,079
257,835

2,354.564
398.625
26,594
872,776
190,647

99,272
57,741
9,306,313

74,083
43,531
7,684,531

797',357

3,836,720

662,523
2,870,322

226,363
379,885
193,740

165,955
242,125
168,914

1,824,665
718,402
109,301

1,281,771

320,086
73,886

745,236
385,209
84,186
50,128
306,090

3.50,903

4,013,898
3,210,223

3,027,077
2,267,133

99,208

44,293

289,284
81,185
37,151

on New
Savannah buying
Charleston, steady buying %@

rates of domestic exchange

York at the undermentioned

cities

3-16, selling 5-16 premium ;
3-16, selling '% premium ;
count(g)par, bank 250 premium

New

to-day

Orleans

:

—

—

commercial

50c. dis-

and Boston, 25c. discount.
Quotations for foreign exchange are as follows
;

:

April

bankers' sterling bills on London.
bankers' and prime commercial.

Good
Good commercial
Documentary commercial

.

Paris (francs)

Antwerp

94S8®
9458®
9458®

Hamburg

94 5r®

are quotations
Sovereigns
$4 83 ®$4 86
3 83 ® 3 86
Napoleons
Reichmarks. 4 73 ® 4 77
3 90 ® 3 95
X Guilders
Span'hDoubloons.l5 70 ®16 00
Mex. Doubloons.. 15 53 ®15 65
1 14 ® 1 141a
Fine silver bars
par®i4 prem.
Fine gold bars

XX

. .

&

I3

dimes.

Tievs ITork City

4 85 @4
4 84iaa4
4 84 44
4 83ia®4
5 21i4®5

86
85
84I2

84
1938

5 21''8®5 20
5 21i4®5 1938
40 ® 4014

(francs)
Swiss (francs)
Amsterdam (guilders)

Dimes

99%®

Demand.

Sixty Days.

30.

The following

1879.

379'..559

80,933
1,552,216
129,968
332,793
105,689
749,026
80,869
614,193
315,313
53,106

Exchange.—The market for foreign exchange is rather easier
and bankers' quotations are a fraction off. On actual business
the rates are 4 84%(a4 85^ for 60 days' sterling and 4 87M@
4 88^ for demand.

Berlin (reichm.arks)

$100,187
160,249

312,824
497.399
157.706
204,002

Mileage last year was 85 miles, a.galnst 147 miles now.
Decrease due to cyclone.

95

885« 116

1,244,618
334.055

. .

781a

-Jan. 1 to latest date.^

$33,152 $154,437
104,434
82,887
204,396
193.500 145,800 2,105,000
Atl. <k Char.Aii-L.Fcl)ruary
85,899
63,979
168,287
Atl. & (Jt.West- ... February
384,000 294,712
773,486
Atl. Miss. & Ohio. .March..
175,420 132,802
491,244
Bur.C.Rap.ifc No. 3il wk Apr.
28.623
23.443
636,831
Bnrl.&Mo.R.iu N.January... 155,330 132,698
155,330
Cairo & St. Louis. 1st wk Apr
8.581
5,147
87,087
Canada Sonlhcin March
409,189 220,378 1,003,702
Carolina Ceniral.Fcbiuary
48,213
45,383
92,946
Central Paciflc. ..March
!l,250i000 1,280)272 3,483,614

&

.

(reichmarks)
Frankfort (reichmarks)
Bremen (reichmarks)

The columns under the heading " Jan. 1 to latest date" furnish
the gross earmngs from Jan. 1 to, and including,
the period
mentioned in the second column.
,

.

78% Prime

P>p ^a,test 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

— Latest earnings reported. —

.

83
139
211b 49

,

.

.

112

.

WcckorMo. 1880.
Southern. March
$17,829

151,737
1,929
1,126
41 5,325
334,166
1 19,573
108,975
7,333
4,765
Pad.&Eli/,abetht.lst wk Apr
7.009
4,783
Pad. & Memphis. Ist wk Apr
3,703
2,410
Pennsylvania
.March
3,278,186 2,603,068
PeoriaDec. &Ev.4thwkMar
9,380
4,784
Philadel.& Erie.. March
327,078 212,775
Phlla. & Reading. March
1,457,322 1,041 ,142
Ports.Gt.F.&Cou..March....
17,882
9,109
Rensselaer & Sar. February
111,912
80,406
St.L.Alt.<feT.H. ..3d WkApr.
22,898
14,839
Do
(brchs).3d WkApr.
10,840
10, 19
St.L. Iron Mt.& S.3d wk Apr. 109,330
85,038
St. L. & Sin Fr.an 3d wk Apr.
39,800
17,800
St.Paul & Ouluth. March
37,896
27,808
St.P.Minn.&M,an.2 wks Apr. 165,555
74,945
St. Paul & S. City .3d wk Apr.
27,891
21,433
Scioto Valley
3d wk Apr.
4,440
5,115
Southern Minn ...January...
50,128
27,151
Tol.Peorla * War. 3d wk Apr.
121,003
38,996
Union Paciflc
1st wk Apr 393,901
287,775
Wab. St. L. & Pac 3d wk Apr. 224,137 143,747
15,338'
Wisconsin Cent. 1st wk Apr
22,044
Wisconsin Valley .3d wk Apr.
3,310
6,800
181,751

.

39)4

i§§^:§?*
no

N.Y. &N.Engrd. March
North Wlscoiisin.3dwkApr.
Northerti Central .March
Northern Paciflc March
Ogd. & L. Ch.amp.Sd wk Apr.
.

76;<(

was made at the Board.
Ex privilege.
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:
:

.

N. Y. Cent. & Hud March
2,854,835 2.4741392
N.Y. L. Eriei- W. February .1,2.52,218 1,207,391

pref.
1st prf.

St.P.iSiouxC.

172,409
809,798
87,798
183,912
91.865

.

. . .

prcf.

Oblo Central..
Ohio A Miss...
Paciflc Mail...

1,238,265
2,087,475
138,398
241,379
2,175,858
3,004,986
289,382
171,876

cV-

Mieh.Contnil..

&U.

.

4 88
4
4 87isa 4
4 87 ® 4
4 861a® 4

89
88
87Ja

87

5 18%® 5 1678
5 1938 s 5 17%
5 18%® Sie's

95
95
95
95

40 14®
9514®
95 14®
95 >4®

9514®

in gold for various coins

401a
95=8
95»8
95=8
9568

:

— 99%® par.
— 92 ®— 95
Five francs
Mexican dollars.. — 91 ® — 93
Silver I43

and

las.

® — 88
® 4 85
— 68 ® — 70
—
9914® — 99 13
Trade dollars
par.
New sUver dollars — 99%
Do uucommerc'l. — 87
English silver
4 80
Pnis.

silv. thalers.

a)

par.

Banks »11I be found on page

454.

Boston Banks—The

following are the totals of the Boston
banks for a series of weeks past
1880.

Mar.
"
"

"
••

2..
9..
15..

22..
29..

April^5.
"
"
*

19..
20..

Loans.
i
139,027.300
1S».679,4(K)

141.040,200
140,975,000
140.412.000
139,482,200
13<,5J1.400
137.76H,yOO
137.923,400

L. Tenders. Deposits* Circulation. Agg.Clear.
»
t
56.!)«0,135
31 ,062.000
3.511,300
52,793,300
08.462,080
30.875,200
3.527.000
53.217,400
03.289.012
31.019.400
.1.321,500
asso.-ioo
53,038,800
03.798,913
31.092,500
4,H4j,100
3.0II).«00
51,8n.300
Specie.

«

4.393.600
6,224,000

4.9:10,100

2.9.S7.2O0

4,805.100
5,331,300

2,835,400

50,373.800
60,827.900

2,3

19,-.ilK)

51,t(87.B00

6,9114.900

i.(l07,2(10

6,738,800

2,090,000

52,071,100
53,863,400

,

$322,916

.

105 i<a<4
31)^ 31M
107 107?«
132 1315
30)4 SlTi

Lake KrlcAW.

-Jan. 1 tolatcstdrttc
1880.
1879.

$222,749 $132,172 $623,705
Cliicagoife Alton .3(1 wk Apr. 140.448
90,0.33 2,024,406
"
Chic. Cuil.&Q... February .1,180,833
982.377
2,381,091
Chic.Cl.Dub.& M.2d Wk Apr.
10.393
9,329
183,270
Chic.&Eaat. I11..3d wk Apr.
21,934
15,707
306,254
Chic. Mil. <fe St. P. .3d wk Apr. 194,000
102,048 3,000,000
Chic. & Northw. .March
1,395,000 1,107,042 3,681,315
Chic.8t.P.&Miu.3dwk Apr.
27,889
20,107
361,750
~ Chic. & W. Mich 2d wk Apr.
16,658
12,090
225,086
Cin. Sand. <fe Clev.Marcli
54,631
47,356
Cin. & Bpriugf. .3d wk Apr.
14,632
10,616
253,812
Clev. Col. Cin. ife 1 .3d wk Apr.
65,276
52,296 1,123,.530
Clev. Mt. V. 6c Del. Ist wk Apr
7,717
7,203
111,848
Del.<tH.Can..ra.Div..Feb..
84,484,
95,849
196,647
Dcnr.8.P'k& Pac.M.aroh*. ... 195,704
41,366
473,434
Det. Laus. ic No.. 3d wkApr.
24,629
21,452
337,935
Dubu(iue&S.C'ity.2d wk Apr.
18,351
17,345
259,062
Eastern
Mnioh
238,950 18S,243
616,609
Flint & Pere Mar 3d wk Apr.
30,697
25,266
468,475
Oal. Har.i .San A. January ..
103,139 114,930
103,139
Grand Trunk Wk. end. .4p. 1
196,418 171,024 2,893,047
Gr't Wcstcrn.Wk.eiid. Ap. 16
90,660
81,949 1,378,044
nannib;il \- ."^t. Jo. 3d wk Apr.
49,384
38,460
689,220
lloiist.
To.xiis C. March
237,745 212,946
829,577
Illinois Cell. (111.). March
475,324 400,1.59 1,355,233
Do
(Iowa). March
144,071
132,001
384,230
Indiana Bl. & W. .3d wk Apr.
24,032
22,434
356,303
Int. & Gt. North. .3ttwk Anr.
26.375
19.980
491,527
Iowa Central
March
89,581
54,500
225io0O
K. C. Ft. S.& Gulf .2d wk Apr.
19,194
12,258
321,857
Kans.C.Law.&So.2d wk Apr.
13,484
6,813
K.C. St.J.&C.B.lthwkMar
45,363
34,833
399,559
Little Rk. & Ft. S.2 wks Ajir.
12.879
8,972
135,165
I.Kiuisv. & NaBhv.3d WkApr.
126.900
78,732 2,174,310
Louisv.N.Alb.&C.March
70,436
49.224
179,392
Maine Central
March.
141,5C0 127,080
368,562
Minn. & St. Louis. 2d wk Apr.
8,028
6.931
155,746
Mo. K.an.ifc Texas. 3d wk Apr.
77,984
44,147 1,292,513
Mobile & Montg. .January.
78,154
80,869
78,154
Mobile <fc Ohio
3d wk Apr.
30,324
28,051
722,061
Nashv. Ch.&St.L. February
191,1.54
158,034
396,788
N. Y. & Canada February
48,8,55
27,519
98,665
.

7254

B9M 70

IIoua.&Tex.C.
Illinois Cent..

N.Y.C.

March

.

7Bjl 78J4

prer.
Do
Chlc&N.W..
prcf.
Do

Do

7e~

42H 43
OSM
(HH 00

•M prf..
Chic. & Alton.
Chic Bur.&O.
Chlc.M.ASt.P.

I.

— Latest eamincs
reported. —
1880.
1879.

.

&Ohio

Ches.

XXX

IVor.

Week or Mo.

April 29.

Do

Chic.ll.

(.'HRONICLE.

31 .048,400
31,145.200
31.204.200
31.221,U<X)

31.223,000

Other than Government and banks, less Clearins-House checks.

58.909,1144
«9.li27.777

69.H;o.799
08.006.917
02,108,728

I

Mat

1,

THE CHRONICLE.

1880.1

GENEllAL QUOTATIONS OF STOCKS

457

AND

BONDS.

Quotations In Now York ropresoiit tlio por cent vivliio, wliatovor tlio par may bo otUor qiiotatlom are froinoully male per share.
The following abbreviations are often u9e<l, viz.: "M.,"for mortsage; " g.," for «olil "k'J," forgusirauteea; "oud.," toreadoned;
for consolidated " conv.," for convertible " s. f.," for sinking fund " 1. g.," for land grant.
Quotations In New York are to TliiirHday from other cities, to lute mall dates.
Sabscrlbera will confer a favor by kIvIuk notice of anjr error dUcovered In the«e Qnotatlons.
;

;

;

;

;

;

United States Bonos.

UNITED

68, 1880
6s, 1880
6s, 1881
68. 1881
5s, funded, 1881
5s, fiuidid, 1881
4>as, 1891
4>as, 1891
48, 1907
48, 1907
68, CuiTcncy, 1895
6s, Currency, 1806
6s, Currency, 1897
6s, Currency, 1898
68, Currency, 1899

f<)op.....I&.I 104
rcg.....JiiJ 10618

coup....JiVJ 106"8
reg...Q— 102 ill

I02\

conp...Q— !' 104
reg..Q— 10,-<

104ie
109

M&N

&J
&O
78, MeinpliisA
K., 1899. .A &0
7s, L. K. P. B. .feN. O., 1900. .A & O
78,Mi8S.O. &K. Rlv.,1900..A &0
7s, Ark. Central RR., 1900. A & O
1..

J&J

78, Levee of 1871,1900
California— 68, 1874
Connecticut— 58

t

Delaware— 68

101

105

58

59

60
75

83

6212
121a
3
3
3
3
3
3

&
&

.1

J

F&A
J

J

Q—

AiO

105
106

108

88
99
109
109
109
110
100
100

05

J&J 108

6s, exempt. 1887
JJU 111
6s, Hospital, 1882-87
J&J 110
6s, 1890
107
1880-'90
5s,
100
_
Massachusetts— 58, 1S80, gold .J&J 100
5s, gold, 1883
J&J 103
58, gold, 1 894
Var. 1 10912
68, g., sterling, 1891
J& J 106

Q—
Q—

I

M&N;
A&O;

1894
1888

J&J
78, 1890
M&N
Minnesota— 7s, RR. repudiated
Mlseouri— 6s, 1886
J&J
Funding bonds, 1894-95 ....J&J
Long bonds, '89-90
J&J
1886... .J
1887.... J

&
&

108
102
103
113
30

no

114
114
110
107
100 14
1031a

110
106
110
104

. .

exempt, 1896

J&J*

gold, rtg., '87. .J&J
gold, coup., 1887
J & J
gold, 1883
J
J
gold, 1891
J & J
gold, 1892
gold, 1893
.

&

A&O
A&O

North Carolina—

6s, old, 1886-'98
J&J
6s, old
68, NC. RR., 1883-5
J
J
68,
do
do
68,
coup, off
68,
do
coup, off
6s, Funding act of 1866. 1900 J&J
do
68,
1868,189eA&0
68, new bonds, 1892-8
J&J
6s,
do
6s, Chatham
68, special tax, class l,1898-9A&u
do
68,
class 2
do
68,
class 3
48, new

1071a

A&O

A&O

A&O
A&O

Ohio— 68,1881

J
J

68,1886

Pennsylvania— 5s, gold,

&

lOoiji

68,1893-!t

Improvement consols
Tennessee— 68, old, 1H90-98
6s, new bonds, 1892-1900
68, new series, 1914
Texa8— 6s, 1802
78, gold, 1892-1910
7s, gold, 1904
Vermont— 6s, 1890

29

10

29''8

2978

UO

108

6a, fundexl

i05

100

20

118
105>3

108

25
80

113
Indianapolis, Ind.— 7-30»,'93-90.J&J 1107 115
Waterworks
99 105
Jersey City- 6a, water, long, 1895.. 101
102
Augusta, Me.— 68, 1887, mim..F&AI 101
do 1899-1902
78,
1041a
J & J 107
108
Augusta, Gii^— 7s
Vailoui? 105
78, Improvement, 189l-'»4....Var. 105
10<l
103
Austin, Texas— 10s
100
78, Bergen, long
J & J 100 101
Baltimore—
Hudson County, Os
A&O 102 103
68, City Hall, 1884
do
78.M&SaudJ&n 106 107
1051a 108
110
6s, Pitts. & Con'v.RR.,1886.. J&J 108
Bayoune City, 78, long
J&J 09 100
6s, consol., 1890
Q— 113 1131a Ijiwrenee, Mass.— 6s, 1894...A&OI 113 114
94 100
68, Bait. & O. loan, 1890
Q— 113 U31.2 Ix)ng Island City, N. Y
6s, Park, 1890
Q— 112 U4 l.,oul8ville, Ky.— 78, longdates. Var.l 107 113
121
116
68, bounty, 1893
78, short dates
V.ar. 104
109
119 125
6s, long
6s,
do exempt, 1893...
Var.l I0414 105
5s, fimding, 1894
68, short
Var.l IO313 104
M&N 110 111
Lowell, Mass.— 68,1890, W. L.M&NI 113
68,1900
114
J4J 117 121
121
Lynchburg, Va.— 68
68, West. Md. RR., 1902 .... J&J 119
J & J 103
88
58, consol, 1885
Q— 100 108
J & I 117
112
Lynn, Masa.—68, 1887
F&AI 1061a 108
68, Valley RR., 1886
5s, new 1916
M&N II2I2 112^ Water loan, 1894-96
JAJ 113 114
101
Bangor. Mo.— 68, RR.,1800-'94.Var.l 103
58,1882
M&Nt lOOig 101 la
Macon, Ga.— 7s
68, water. 1903
J&J UO 111
80
00
105
-Manchester, N.H.— 58, 1883-'85J&J 101
68, E.& N.A. Railroad, 1894. .J&Jl 104
102
103
68. B. & Piscataiiuis RR..'99.A&01 104
6», 1894..:
iioia
J&JI
Memphis, Tenu.—68, C
Bath,
6a, railroad aid
Var 100 101
J&J 25
5s, 1897. municipal
100 102
6s,A&B
J&J 25
103
I
Belfast, Me.— 6s, railroad aid, '98.. 1021a
6s, gold, fund., 1900
25
Boston.Mass.—68,cur,long,1905Varl 116 117
68, end.,M. &C. RR
25
68, consols
J&J 45
58, gold, 1905
Var.l 1101411014
48, cun-ency, 1899
J&J 100' lOOiai Milwaukee, Wis.— 58, 1891... .J & D 96 100
Sterling, 58, gold, 1893
78, 1896-1901
Var. 108
114
A&Otl 107 109
do
78, water, 1902
JAJ 113 118
58, gold, 1899
J&j; 104 106
Mobile, Ala.— 88
do
J&J 20
58, gold, 1902
A&0!l 108
104
Brooklyn, N.Y.— 78, '79-80.. ..J & J 101
5s
J&J 20
6s, funded
78, 1881-95
35
40
J & J 104 115
Montgomery, Ala.— New 38 ..J & J 50
7s, Park, 191.5-18
J & J 125 128
7s, Water, 1903
58, new
60
J & J 124
NashvUle, Tenn.—68, Old
78, Bridge, 1915
90 100
J & J 124 128
115
Oa, new
68, Water, 1899-1909
97 102
J & J 111
U8 Newark— 68, long
6s, Park, 1900-1924
Var. 105
J & J 115
Kings Co. 7s, 1882-'89
106 114
7s,long
114
Var. HI
do
Var.t 114ia 118
63, 1880-'86
M&NlOlia UO
78, water, long
Buflalo, N. Y.— 7s, 1880-'95....Var. 104
114
New Bedford.Masa.—68, 1893.A&OI 113ia lllia
7s, water, long
58, 1900, Water Loan
A.&O 106is 107ifl
Var. U312 117
6s, Park, 1926
t
100 105
M&S 1071-2 111 N. Brunswick, N. J.—7a
106
92
9719
Cambridge, Mass.— 58, 1889. ..A&O) 105
6s
114
Newburyport, Mass.—68, 1890-J&J1 UOI2 lllifl
68, 1894-96. water loan
J&Jt 113
city
bonds
U6
N.
Haven,
Line.
109
68,1904,
Ct.— Town, 68, Air
112
J&J 115
Camden Co., N, J.— 68, coup... J&J*
106
Town, 68, war loan
108
Camden City, N. J.— 6s, coup J&J*
do 6s, Town HaU
100 103
City, 7a, sewerage
115 117
78, reg. and coup
J&J*
Charleston, S.C— 6s,st'k,'76-98..Q-J 67
70
do 68
100 103
do 58,1897
104 106
78, fire loan bonds, 1890.... J & J
New Orleans, La.— Premium bonds. 27
30
78, non-tax bonds
1 10
Var. 35
Consolidated 63, 1892
37
48, non-taxable
67
69
Chelsea, Mass.— 6s, '97,waterl.F&At 112H 113%
Ralh-oad issues, 6s, '75 & '94. .Var.
Chicago, 111.— 6s, long dates. ..J&J til07ia 108
Wharf impr., 7-308, 1880.... J"
101
N.Y.City--68, water 8tock,'80.
102
78, sewerage. 1892-'95
J&JI 114i« U5
6s,
100 la 101
J&Ji'll5ia 116
do
1879
78, water, 1890-'95
108
109
do
1890
78, river impr., 1890-'95
J&Jt 114ia 115
58,
104
1883-90
6s,
do
78, 1800-'95
J&Ji II412 115
106 120
Cook Co. 78,1892
6s, aqueduct stock, '84-1911
M&Nl 114K> 115
.
125
126
Lake View Water Loan 7g
106ia 109
7s, pipes and mains, 1900. .M &
I
118
120
106ia 107
Lincoln Park 78
68, reservoir bonds, 1907-'11.Q—
103
South Park 73
1061-2 108
58, Cent. Park bonds, 1898. .Q -F 106
118
IO6I2 107
do
1895. ..Q—F 117
West Park 78,1890
68,
125 126
Cincinnati, O.—6b, long
78, dock bonds, 1901
107
...Var.l 106
118 120
do
1905
68,
68, short
Var.t 101
126
7-303
120
78, market stock, 1894-97. .M&N 1'25
Var.l
& N 107 108
68, unprovem't stock, 1889.
78
Var.l 110
114
1879-90.M&N
Southern RR. 7-303, 1902... J&JI 119
7s,
do
no's
7-303, new
120
do
116
117
6s, gold, COU8. bonds, 1901. M&N ; 118
1
IO213
stock,
1888.
N
105
6s, g.,190a..M&NI 107
street
impr.
&
do
6s,
1071a
'79-82.M&N 104 107
do
Hamilton Co., O., 6s
7s,
do
105
117 118
do
6s, gold, now consol., 1896
78, short
103
I
106 107
long 7a & 7-303. 112
do
78, Westchester Co., 1891
117
water
loan..
118
long
1903,
J&J
Newton—
6s,
Cleveland, O.— 68.
108
Various. 107
J&J 107 108
30-year 5s
58, 1903, water loan
100 102
102
6s.reg.8tk,'78-85.
12
.J&J
Norfolk,Va.—
6s, short
Varlous- 100
101
121
Var. 116
8s, coup., 1890-93
7s, long
Various UO
114
119
122
1901
water,
VarlousI 102
107
88,
79, short
A&Ot 105 107
Norwich, Ct.— 58, 1907
Speclal7s,1879-'89
Yearly I 103
107
J.&J 118 120
7s, 1905
Columbus, Ga.— 78, Various
92
Var. 88
f 105
Orange, N. J.— 78
Covington. Ky.— 7-308, long
101 19 103 i^
N.
Y.-78
Oswego,
7-303, short
)
Var 112
Paterson, N. J.— 78, long
8s
100 ioi"
Va.—
6s
J&J
1904
Petersburg,
Dallas, Texas— 8s,
90
85
J&J 108
8s
108,1883-96
95 103
special
tax
1 00
88,
Dayton. O.— 83
t
Philadelphia, Pa.—5s, reg
J&J* 105
Detroit, Mich.— 7s, long
111
Var.t 108
104
118
reg
old,
J&J*
6s,
117
7s, water, long
Var.t 115
123
6s. new. reg., due 1895 &over. J&J 122
District of Colmuhia—
101
105
93''8
4s,now
Consol. 3-65S, 102 1, coup
94
F&A
Pittsburg, Pa. Is, coup.,191£.. J&J
Cousol. 3-658, 11124, reg
94
J&J. 95I3
58, reg. and coup., 1913
Funding 5s, 1899
J&J 102 105
small
103
78, water.reg.&cp.,'93-'98...A&0. lieifl 120
do
......J&J 102
'83-86
Var. 1107=^'
7a.
street
imp.,
reg,
registered
do
J&J 102 103
Portland, Me.—63. Mun., 1895. Var.l 112 |I14
Perm. imp. 6s, giuir., 1891... J&Jt 107 112
;il3i3 114
M&S
rallrv)ad
aid,
1907
68,
Perm. imp. 7s. 1891
J&Jt 109 116
Portsmouth, N.H.— 6s, '93,RR. J&J 106ia 107
Wash.— Fund.loan(Cong.)68,g.,'92t; 107 112
7s,
water
112
116
Poughkeepsle.
N.
Y'.—
t
113
Fund. loau(Leg.)68,g., 1902 Varl 108

17
17
2I2
3=8
358
31a

181a
181a

J

103
111
J &Jt.ll2
J & D 113

Frioe nominal ; no late transactions.

UO

I

UO

M&N

M&N

.

|

&D

.

.

M&N
M&N
M

M&N
1

I

512

i

..J&J
J & J
M&St
M&St

Mc—

I

113

?

A&O UO

t

72
J 102 12
J 109

J&J

0—

M

Ilia

10

F &.A 107
M&SI 114

&

103

J&J

&
F&A
F&A 114^
F & A 101 la

..J

Houston, Tox.—lOs

...J&J*

102
101
117
105
107
18

no

F&A*

South.Carolina- 68, Act of March
23, 1869. Non-fuudiiblo, 1868..

'

1061a

115
118
107
107
106
117
118
119

'77-8.

58, cur., reg., 1877-'82
58, new, reg., 1892-1902
68. 10-15, reg., lS77-'82
6s, 15-25, reg., 1882-'92
Khode Island— Os, 1882

J&J
J&J*
J&J'

.

111

A&O 29
& 110
A&O 110
J&J 90
A&O 90

RR

1

111
105
118
107

. .

40

J 105
J 106

War loan, 68, 1884
M&S
New Jersey— 6s, 1897-1902.. J&J«

New York— 6s,

112

111
105

M&N

I

68,
68,
68,
6s,
6s,

88

F&AI 103

Fltchburg, Mass.— 68.'91,W.L..J&JI
Frederii-ksburg, Va.—78
M&N
Galveston, Tex.— 10a, '80-'«5 ..Vur.
Galvest'n Countv.lOs. 1901.J & J
Harrisbnrg, Pa.— Water loan
Hartford, Ct.^Clty 68, var. dates..
Capitol, untax, 68
t
Hartford Town 4 laa. untax
I
Haverhill, Mass.—6«, '85-80.. A&Ot

62
60
60

'

Hampshire— 68,1892-1894. .J&J 1131a 114
War loan, 68, 1901-1905
J&J 116% 117

N.

68,

84

..F& Al 100

5s, 18!»4,gold

I

111

Asylum or University, 1892. J & J 107
do

1905

4713

47
40
46

I

49
45
1880
P* A 100 106 la
War debts assumed, 68,'89.A& Ot 113\ 114
War loan, 6s, 1883
M&S 105 14 1051a

Michigan— 6s, 1883

—Is

1880

7s,

Var.

A40

I

6s,

defense, 1883..

7s,

78, funded, 1880-190.'^
7s, conaol., 1885-08

Full River, .Mass.— 68, 1904.

38

t

M&&
M&8

bonds

St. Jo.,

54I2

7
41

51,1

,.,

Atlanta, tia.— 78
Do. 88

88,>76, '86
Illinois— Ce,couiion, 1879... .J A J
War loan, 1880
J & J
Kansas— 78, '76 to '99
J&Jt
Kentucky— 6s
100
Louisiana— New con. 78, 1914.. J&J

&

53''»

J

I

Allegheny Co., Ss

JifcJ

Florida— Cousol. gold 68
Georgia-6s, 1879-80-86
78, now bond8,1886
78, endorsed, 188H
78, gold bonds, 1890

Hannibal
do

&
&

new

7s long
Allegheny, Pa.
68, 1876-'90

Wharf

; . . .

1883-4-5

do
do

J
J

Bid.

J.— 7h, short

no

to 5, 1906...

do
small
Class "B," 58, 1906
Class " C," 2 to 5, 1906
Arkansas— 68. funded, 1899 ..J
7s, L. K. &Ft. 8. issue, 1900. A

do
do

22
78

J

Tax-rccclvable coupons

127

. .

Alabama— Class "A," a

Maryland— 6s,

&
&

Crtr BECvitmES.
Elizabeth, N.

.1

reK....J&J 125
rcg
J&J 125
reg.
..T<«iJ 123
reg....J&J 126
reg....JiJ 126

STATK SiECURITIES.

78, small

10-408,

Ask.

& J 22

ooup-.Q— lOWs 109
CITV SECURITIES.
reK...6— 107 '4 10738
Various 105
coup.. .q-J 107 '4 107% Albany, N. Y.— 68, long

Quebec— Ds, 1008

Maine— Bounty,

68, new bonds, 1886-1805.. .J
68, consol., 1905
J
ex-coup., 1U05...J
6s,
do
68, consol., 2d scries
J
68, deferred bonds

KVJ 104

ret;

Bid.

Vlrglnlar-6a, old, 1H80-'05....J

FOREIGN GOV. SliClRIT'S.

6s,

State Skcueitiks.

Ask.

Bid.

BONDS

STA'TK!!

100
36
30
30
103
112
113
114

—

I

t

Furcli.iser

aUo pa:

B

aojrued interest.

]

In London.

THE c;hronicle.

458

XXX.

[Vol.

GENERAL QUOTATIONS OF STOCKS AND BONDS— Continued.
For Explanations See Note*
Bid.

City Sectiritibs.

2d mortgage,

.

3d M,
do

(guar. C. P.), 6s,

do

1891-'93....Var.
68, g.,1905.A & O
Currency, 78, 1887-'88....Var.
'88-'90. . J <fc D
Paul,
Minn.—
68,
Bt.
6s, gold,

M&N

78,1890

2d mort

Central of N. J.-lst M.,78,'90.F&A
7s, conv, 1902, assented
Consol.M.,78,1899, aasented.Q—
Adjustment bonds, 1903
M&N
Income bonds, 1908
Small bonds, 1908

M&N

82
105
108
109
114

M&N

Am. Dock & Imp.

121
111
llOifl

85
95

50
Ala.& Chatt., 7s, receivers' ctfs..
Alb'y & Susq.- Ist M., 78, '88. .J&J
A&O 108
2d mortgage, 7s, 1885
M&N 104
3d mortgage, 7s, 1881

90
99
100
116

Coneol. mort., 78, 1906
A&O 109
Allegh. VaL— Gen. M., 7 3-lOs. . J&J II6I11 1181s
East, exten. M., 78, 1910.... A&O 103

Income, 7s, end., 1894
A&O 30
Atch'n &Neb.— lst,78, 1907. .M&S 113
At& Pk P.— l8t.6s,g.ex cou.'95M&N 100
Atch.Top.&S.F.- l8t,78,g.,'99.J&J 1116
Land grant, 78, g., 1902
A&O 1114

38
116
105
117
115
2d mort., 7s, g., 1903, conv. A&O tll8ia 119
Land Income, Ss
J&J 107% 108
Guaranteed 7s, 1909- J&J&A&O 199 IO9I2
Florence & El Dor'do,l8t.78.A&0 100% 101
K.C.Topeka&W., 1st M.,78,g.J&J 1115 II5I2
do
income 78. A&O 108 110
Pleas't Hill &De Soto, l8t,78,1907 105
106
Pueblo & Ark. v., 1st, 78, g.,1903. 110958 109^8
Wichita&8.W.,lst,7s,g.,gua..l902 1104
106
Atlan.& Gt.W— 1st M.,tru8tees' ctfs (71
73
2d mortgage trustees' certiflc's.. 136
38
3d
do
do
do
in 18
I-eased L. rental, 78, g., 1902.J&J
do
do 7s, g., 1903.J&J
West. ext. ccrtifs, 8s, 1876.. J&J 80
85
do
do
78, guar. Erie
180
85
Scrip for prior lien bonds 6s
{99 101
Atlantic & GiUf—Cons. 7s, '97. J&J 105
108
1st mortgage, 7s
J&J 105
S.Ga.& Fla., 1st M. 78, 1899, M&N 109 112
At.Ml88.&Ohio.— Com.bondh'rs efts {110 112
Korf'k & Petersb., Ist, 8s. '87.J&J 100
do
1st M., 7s, 1887. J&J 101
do
2dM., 88, 1893. J&J 110
South Side,Va.,l8t, 88,'84-'90.J&J 110
do
2d M., 68,'84-'90.J&J 981
1

.

J&J

assented
do
Leh.&Wilkesbarre Coal,'88,M&N
M&N
Small bonds, 1888
Q-M
Consol., 7s, gold, 1900
assented
do

Cent. Ohio— Ist M., 6s, 1890.. M&S
Cent. Pacific- 1st, 6s, g.,'95-98.J&J
J&J
StateAid, 7s, g.,1884
S. Joaquin, 1st M.,68, g.l900.A&0
Cal. & Oregon, Ist, 6s, g., '88. J&J
Cal.& Or. C.P.bonds, 68,g.,'92 J&J
Land grant M., 6s, g., 1890.A&O

on

Worcester, Mass.—68, 1892. ..A&O U13ifl 114
A&O IO6I4 107
58, 1905
1113*
Tankers, N. Y.— Water, 1903.

RAILROAD BONDS,

Co., 7s,'86

Land

112
114
112
110

Cin.

t

M&N

M., inc., 68, 1898

Ham.& D.— 1st M., 7s,'80.M&N

1885
J&J
Consol. mort., 7s, 1905
A&O IIO6I4
do
6s, 1905
A&O 1103 104
Cin. H. & L, 1st M., 7s. 1903.J&J 199
100

2d mort.,

I, St,

7s,

& Chic— 1st, new

L.

.

,

C—

104

no6

104
West. Pacif., 1st, Os, g., '99. .J&J 109
Charl'te Col.&A.— Con8.,78,'95.J&J 105
95
J&J
2d mort., 78, 1910
Cheraw &Darl.— l8tM.,8s,'88.A&0 116
106
2d mort., 78
Ches. & Ohio— Pur. money fd.,1884 106

108
110
100

78,

cert., Ist, cons., assd.

do
do
do

&

Chic.

1909

801a

.

do

supplementary..

2d

do
Income

...

78.

81

.1890

Gt. East., Ist, 78, '93-'95.

2d M., 7s, 1904.M&N
Logansp.,lst,78, 1905. A&O

&

T. Logansp.
B., 78, 1884. .F&A
Cin.
Chic. A. L., 1886-'90
v.—
Col.
Hock.
1st M., 7e, '97.A&0

&

65
41
39
J&J 102

&

Col. Springf.&

1107

C—let, 78,1901.M&S

J&J 110414 104% Col. & Toledo— Ist mort. bonds
J&J 1100 IOOI4 Col. & Xenia— Ist M., 7s,1890.M&S
Conn. &Pa88ump.— M.,78, '93. A&O
Chester VaL— 1st M., 78, 1872.M&N
Massawlppi, g., 6s, gold, '89 J&J
Chic. & Alton— 1st M., 78, '93.. J&J 118
117
Conn. Val.— 1st M., 7s, 1901. J&J
Sterling mort., 68, g., 1903.. J&J 115
Conn. West.— 1st M., 78, 1900. J&J
A&O 103
Income, 78, 1883
Connecting (Phila.)— Ist, Os ..M&S
Bds. Kan. C. line,68,g., 1903. M&N

1104
1107

l.'!t.,8.f..6s,1912

& Chic, Ist M.,8s,'82..J&J
Loul8'a& Mo.R.,lst,7s,1900F&A
do
2d, 78, 1900 M&N
St.L. Jack8'v.& C, l8t,78,'94.A&0

105
114
94

107

Chic. B.

& Q.— Ist, S.F.,8s,

U12

'83. J&J

1

The purchaser

also

pays aooraed

interest.

}

106

IIIOI4 iioij

199% 100

65
29
107
Cumbecl'd& Penn— l8t68,'91.M&8 95
M&N 92
2nd 6s. 1888
Cumberl.Val.— l8tM.,8s,1904.A&O
Dakota Southern— 7s. gold,'94,F&A 197
Danb'y & Norwalk— 7s, '80-92. J&J 100
Diiyton & Mich.— 1st M., 7s, '8 1 .J&J tlOlis
M&S '102
2d mort., 7s, 1887
A&O 101
3d mort., 7s, 1888
Dayt. & West.— 1st M.,6s, 1905. J&J 1100
J&J 1105
1st mort., 7e, 1905
Delaware Mort., 6s, guar., '95. J&J 108
Del.& Bound B'k— Ist, 78,1905F&A 115
Del. Laok.& W.— 2d M.,78, '82.M&S IOII3
J&D 105
Convertible 78, 1892
. .

Miss.Riv.Bridge,

112

J&J 1100
J&J 1102

1st M., 78, 1880
2d M., 78, 1892

Cheshire— 68, 1896-1893
68, 1880

Joliet

821a
8114

.

do

Un.&
92

67%

6s, gold, series B, int. def. 1908..
6s, gold, small bonds, 1908
68, currency, int. deferred, 1918.
6s, currency, small bonds, 1918 .
Va. Cent., 3d M., 6s, 1884...

F&A

2d mort.,
Trust Co.

Col.&Ind. C.,l8tM.,7s,1904.J&J

. .

ao late transactions,

79
105
109
113
112
112
107
103

Ciu.& Indiana, 1st M.,78,'92.J&D 1106
do
2d M.. 78,'82-87.J&,l 1101 102
Indianapolis C. &L., 78 of '97
.971a
711a
Ind'apolis & Cin., 1st, 7s,'88.A&0 103
96
99
Cin. Laf .& Ch.— Ist, 7s,g.,1901.M&8
Cin. Rich. &Chic.— l8t, 7s, '95. J&J 1100
102
ii7"
Cin. Rich. & F. W.— Ist, 78, g. .J&D
83
90
107 la 108 la Cin. Sand'ky & Cl.— 68, 1900.. F&A 198
100
104% 105
M&S 190 92"
78,1887 extended
108 Is
Consol. mort., 78, 1890
J&D 90
76=8
Cin.&Sp.— 78, C.C.C.& £. 1901.A&0 107
74
7s, guar., L.S.& M.S., 1901.. A&O
107%
108
Clev. Col. C. & I.— Ist, 78, '99. M&N 120
108
Consol. mort., 78, 1914
J&D 115
74
Belief. & Ind. M., 78, 1899.. .J&J
Clev.&M. Val.— 1st, 78, g., '93. F&A
113
8. F. 2d mort., 78, 1876
M&S
98 1* 99
Clev.Mt.V.&Del.— 1st, 7s, gold,J&J11T
71
108 110
Columbus ext., 7s, gold, 1901
69
TI....
112ia 113
Clev. & Pitts.—4th M., 6s, 1892. J&J Ill
Consol. S. F., 79, 1900
M&N 119
1051a
1104
C. C. & I.
1st cons, m., 7s .A&O
801a 83

.

;

N.O.Jack.& Gt. N..lst.,8s.'86. J&J
do
2dM.,8s,'90,ctfs.A&O
do
2d mort. debt
A&O
Cin.

,

Price noudnal

74
102
100
111
108
108
105
101
100
1102

M&N

Ch.St.P.& M'poUs,l8t,6s,g,'l.S.M&N

115
109 110
Consol. mort., 78, 1903
J&J 121
Bonds, 5s, 1895
J&D 1100 la 100%
58,1901....,
A&O 95
Bur. & Mo. B., I'd M., 7s,'93.A&0 II414 II4I2
do
Conv. 8 s. '94 ser.J&J 1145
Bur.&Mo.(Neb.),l8t,6s,1918.J&J 107% 107%
do
88, conv.,l883.J&J 120
do
Cons, 6s, non-ex. .J&J IIOII4 101%
do
Neb. RR,l8t,78,A&0 112
do
Om.&S.W.,lat,8s,J&D 1171a 118
Dixon Peo.& H.,l8t, 88,'74-89J&J 107%
119
Ott. 08W.& Fox R., M.,8s,'90.J&J 117
Quincy& Wars'w, 1st, Ss, '90.J&J 114 115
65
60
Chic. & Can. So.— Ist, 7s, 1902 A&O
do
3d M., 6s,'86-'90.J&J
103
94
Chic.Clin.Dub & Minn.—7s,'84 F&A 102
VlrglniaA Tenn., M.,6s, 1884. J&J 102 110
102
98
Chic. & East. 111., 8. F. c'y, 1907 ..
do
4thM.,8s,19O0.J&J 118 120
94
do
small bonds
Atl.& St. Law.—at'g 2d, 6s ,g.A&0 {101
95
104
85
do
income bonds
3d mort., 1891
{100
108
75
Chic, & Iowa^2d M., 8s, 1901. J&J
Bald Eagle Val.— IstM., 6s,'81.J&J
Chic. I'a& Neb.— IstM., 78,'88. J&J 1107
Baltimore & Ohio— 6s,1880... J&J IOHb 103
Chic.& Mich.L.Sh.— 1st, 88,'89.M&S 1105
68, 1885
A&O 1061s 108 Chlc.M.&St.P.— P.D.lst,8s,'98 F&A 127
Sterling, 5s, 1927
J,tD {103
104
P. D., 2d M., 7 3-lOs, 1898. .F&A 1131a
Sterling, Os, 1895
M&S {112 114
St. P. & Chic, 7s, g., 1902.
.J&J 112
Sterling mort., 68, g., 1902. .M&S {112
114
MU. & St. P., 2d M., 7s, 1884.A&0 105
do
6s, g., 1910. M&N {115
113
117
La. C, IstM., 78,1893
J&J
Parkersburg Br., 68, 1919. ..A&O 107 14
I. &M., IstM., 78,1897
J&J nils 1121a
Bait. &Pot'o— Ist, 68, g., 1911. J&J {105
107
I'a. & Dak., 1st M., 78, 1899. J&J 110
Ist, tunnel, 6s, g., g'd, 1911. A&O {106
108
Hast. & Dak., Ist M.,7s, 1902. J&J 110
Belridere Del.— lst,6e,c.,1902. J&I) •111
Chic. & MU., Ist M.,78, 1903.J&J 114
2d mort,, 6s, 1885
M&S 106
111
Ist mort,, consol., 7s, 1905. .J&J
3d mort., 6s, 1887
F&A IOII4
Ist M., I. & D. Ext., 7s, 1908J&J 109
Boston & Albany—78, 1892-5. F&A 1122 1221a
1st M.,6s, S'thwest Div.l909J&J 102
1031a
68,1895
J&J 111214 113
Ist M., 5s, La C. & Dav.l910J&J
85
B08t.Cllnt.& F — l8tM..,68, '84,J&J 100 Is lom CWc.&N.W—Sink.f.,lst,78,'85 F&A 110
IIOI3
Ist M., 78. 1889-90
J&J 1107 109
Interest mort., 78, 1883
M&N 1071a
N. Bedford RR., 7s, 1894. ...J&J 1109
110
Consol. mort., 78, 1915
Q— 123 125
Equipment, Os, 1885
F&A 102 103
Exten. mort., 7s, 1885
F&A 106 107
Bost. Conc.& Mon.—8.F., 68,'89. J&J 104
llOia
1st mort., 78, 1885
...F&A
Consol.mort.,78, 1893
A&O 111319
Consol., gold, 78, cp., 1902.. J&D 11716 118
Bost. Hiirt.& E.— 1st, 78, 1900. J&J
5514
do
do
117 118
reg
1st mort., 78, guar
j&j 55
Sinking fund, Os, '79, 1929. A&O 1055e 106
Boston & Lowell— 78, '92
A&O 1116 116i« Iowa Mid., 1st M., 8s, 1900. A&O 116
121
6s, 1896
J&J 11061a 1071s Gal. & Chic, ext., Ist, 78,'82.P&A 104 14 105
New58, 1899
j&j lOOis 101
Peninsula, 1st, conv.,78,'98.M&S 116
Boston & Maine— 78. 1893-04. J&J 1120 I20I4
Chic. & Mil., 1st M., 7s, '98.. J&J 114
Bost. & N. Y. Air L.— Ist 78.
106
Madison ext., 78, g., 1911. -A&O H....
Bost. & Providence— 78, 1893. J&J 1122
123
Menominee ext., 7s, g., 1911. J&D H....
Bo8t.& Revere B'h—lst,68,'97. J&J IO414 104%
Northw. Un.,l8t, 78, g.. 1915.M&S If....
Buff. Brad.& P.—Gen.M.7s,'96.J&J
90 100
Chic. & Pad.— Ist M., 78, 1903. J&J J....
Buff.N. Y.&Erle-l»t, 78, 1916.J&D 120
124
Chic. Pek,& 8.W.— 1st, 88,1901.F&A

'

IO7I9 110
Ill's 11214

Chic.

60
112

,

M&N

Ala. Cent.— Ist M., 8s, g., 1901. .J&J
Ala. Gt. Southern- 1st mort., 1908

73
110
105
95
65

90 le

45
Carolina Cent.— Ist, 68,g.,1923.J&J
Catawissar-lst M.,78, 1882. .F&A 104
F&A 113
New mort. 7s, 1900
Cedar F. &Min.— 1st, 78, 1907. J&J 105 14
107%
Cedar R. & Mo.— 1st, 78, '91... F&A mils
109
tll3i«
1st mort., 7s, 1916
109
Cent, of Ga.— 1st, cons., 78, '93. J&J 110
100 105
100
2d,end.,7s,'79.J&J
Aug.,
Macon &
108 111
JjJtJ
110
Cent. Iowa— ist M., 78, g
53
.
cert.
Con. debt
111318 1141a
93
New l8t mort., 68
110612 107

Var.
8s, 1889-96
Balem, Ma88.— 68, long, W. Ii..A&0
J&J
W.
L
1904,
58,
B. Francisco— 78, g..Clty & Co.. Var.
6s
79
Bavannah funded 58. consols
Bomerv-iUc, Mass.- 58, 1895. .A&O 1103
J&J 1107
68, 1885
A&O 1108
6H<8, 1884
Bprmgllpld, Mass.—68, 1905. .A&O 111312
A&O 1119
78,1903, water loan
Itoledo, O.— 7-308, KR., 1900.M & N 1106
Var. 105
8a
Var. 113
88, water, 1893 & '94
WasUington, B.C.— See Dist. of Col.
Wilmington, N.C.—6e, gold, cou. on
88, gold, cou.

36

40

109
109

Canada 80.— lstM.,guar.,1908,J&J

Ask.

116%

1917, reg
J&J
Chlc.&S'.W..l8t,7s,guar.,'90.M&N
St.L.&N.O.— Ist.con. 1914, 78
2d mort, 6s, 1907
J&B
Ten. lien, 78, 1897
Miss. Cen., 1st M.,7s,'74-84.M&N
do
2d mort., 8s
6a,

91%

1905.J&J too
55
1905. J&J

g.,'93..J&J

Cam.& Bur. Co.— 1st M., 6s,'97.P&A

do (new),1892.A&0 108
do
108
Bridge approach, 68
Var. 108
Kenewal, gold, Os

Co.— Pai*,

3s,

Camden & Atl.— lst,78,

Bid.

Chic.R.I.&Pac— 6e, 1917,coup.J&J II718 1171a

9112

Cairo & St.L.— 1st M., 78, 1901.A&O
Cairo & Vine— 1st, 7s, g.,1909.A&0 {71
Callfor. Pac— Ist M.,7s, g.,'89.J&J 1105
2d M.. 6s, g.,end C. Pac., '89.J&J 98

55
Var.
Joseph, Mo.— 78
J & J 68
Bridge 108, 1891
8t. Loul8,Mo,—68 0ur.,loiigbd8,Var. 1107
Var. tlOSig
.68, 8liort
1106%
Water 68, gold, 1887-90... J

H.viLROAD Bonds.

Ask.

96

„ ^.-.,

Bijr.&Southw.- Ist M., 8s,'95.M&N

8t.

Bt. h.

7s, g.

But. C. R.&N.— l6t.5s,new,'06.J&D

Bocklwd, Me.— 68, '89-90,RR.F&A 1100

Bcwer,

Bid.

Buff.N.Y.&PlilI.— l8t,68,g.,'96.J&J

PrOTldence, R.I.— 58, g.,1900-5.J&J tl07>« 108
6«. Rold, 1900, water loan. .J & J lie's 118
I106i« 107i«
6a. 188!!
J&J 107 1«
Bloliinond, Va.— 68
J & J 120H2 121%
8b
103
Booliester, N.Y.—68, '76-1902. Vw. tlOO
J <t J 1114 118
78, water, 1903

&D

of Flrgt Page of gnotatlong.

RAILROAD BONDS.

Ask.

MAS

Head

at

67
32

100
98

100

.

102"

1

—

M&S

Mort. 7s. 1907

116''8

106
1161a
102 la

117

Den.&BioG.— lst,7s, g.,1900.M&N 10578 106
J&J
Ist consol. mort., 7s, 1900
Des M. & Ft. D.— Ist, 68, 1904. J&J
62
Detroit & Bay C— lst,8s,1902.M&N
1st M., 83, end. M. C, 1902. M&N 1103
Det.G.Haven&Mll.- Equip.68,1918 {107

Con. M., 5% tiU'84. after 6;<. .1918
Det.& Pontlac, 1st M.,69,'86.A&0

do
3d M., 88, 1886.F&A
&North.— l8t,78,1907.A&O
Dubuque& Sioux C— lst.7s,'83.J&J
J&J
1st mort., 2d Div., 1894
Dunk.A.V.&P.— l8t,78,g..l890J&D
East Penn.— Ist M., 78, 1888 M&S
E.Tenn.Va.& Ga.— 1st, 78,1900.J&J
E. Tenn. & Ga., 1st, 68,'80-86. J&J
Det. L.

. .

(98

89
95
1113

104
IIOI3

103
113
110
95

106

}99

101

E.Tenn.& Va.,end.,6s, 1886. M&N
Eastern, Mass.— 4ia8, g.,1906.M&S 192
Sterling debs., 6s,

g.,

1906.. M&S

109
109
100
103

111
100

92%

Elmlra&W'inspt— 1st, 68,1910.J&J 109

A&O
5s, perpetual
Erie & Pittsb.— Ist M., 7s, '82. J&J
J&J
Cons, mort,, 78, 1898

106'

A&O

90
'87. J&J 103

Equipment, 78,1890
Evansv. & Crawf.- 1st, 78,
Evansv.T.H.&Chi.— l8t, 7s, g.M&N
Fitchbure— 58, 1899
A&O
63, 1898
A&O
78,1894
Flint & P.Marq.— Ist m.,l.g.8sM&N
M&N
Cons.S. F., 8s, 1902

85
103
111

105
104
96
95
1031a

112
1191a 12OI3
100 110
86
88
90
Fliut & Holly, 1st, 10s, '88. M&N
BayC.& E. Sag.— 1st, 10s„82.J&J 93
92
Holly W. & M.— l8t, 8s, 1901.J&J
Flu3hlng& N. S.— Ist, 7, '89.. M&N

2d mort., 78
W. Jack. &S.— Ist,

M&N

55
88, '89.. J&J
Mun.& C— 1st, 7s, g.,'89. A&O 20
Fram'gham & Lowell— 1st, 7s, 1891 190
Ft.

Ft.W.

Notes, 8s, 1883

Frankfort & Kokomo— Ist, 7s, 1908
Gal,Har.& S.A,— lst,6s,g.l910.F&A

In London,

V In Amsterdam,

93

I2I9

(91

93
931a

May

THE CHRONICLE.

1?80.]

1,

459

GENERAL QUOTATIONS OF STOCKS AND BONDS—Continued.
For Bxplknatlon* See Note*
Bid.

Railhoad Bonds.
eal.FIous.&II.— lst,78,g.,1902.JJiJ
J&J
Cteorgla— 7s, 1876-96
68

at

Head of

VIrat Pajre of <|aotatioBa.

Ask.

Railroad Bonds.

92

Marietta & Cincinnati (continued) —

119
116
Scioto & Hock. Val., lat, 7S..M&N
106
Bait. Short L., lat, 78, 1900. .J&J
llOis
108
Cin. & Bait., 1st, 7s, 1900.. ..J&J
>s
Or.Rap.
I.r.,
105
Marietta P. & Clov.— let, 78, g., '95
l«tM.,7a, l.g., (culd.not guar. A&O 100
85
75
Consol. 7s
J&D
Ex land grant, 1st 78, '09
100
Marq'tte Ho.& O.— Mar.A 0.,8». '92
Orecnv. & Col.— 1st M-<78
105
({8,1908
MAS
Bond«. guar
15
18% Mass. Central— 1st, 7s, 1893.
Hack's'kAN.Y. E.— Ist, 78,'BO.MAN
Mcmp. & Charl'n— 2d, 7s, '85.. J&J
HannUial A Nap.— Ist, 7«, '88.M&N
Ist, cons., Tenn. lien, 7s, 1915 J&J
Han. & St. Jo.- Conv. 88, 1885. M&.S 108% i06'8

&

Ind.— Ist,

K'd, 79. r.

&

Mem. &

70

Pal., lst.8.s. 1892.F&A
guincy
ans. C.
Cam., Ist, 10.s,'92. J&J
Harris)). P. Mt. J.& L.— Ist. 6s. . JifeJ
Honsatonio- l8t M., 7s, 1885.
2dmort., 68. 1889
J&,I
Houst. K.
W. Tex.— 1st, 7s, 1898.

m5

&

120

F&A

&

95

85

Houst.ATex.Ccn.- lstM.,7s,g'd,'91

lOB'fe

West. Div., Ist, 78, g., 1891.. JiJ 1061^ 107
Waco&N.W.,l8t,7s.g.,1903.J>feJ 10^
Cons, mort., 8s, 1912
A&O 110>4 UO's
Waco AN., 8s, 1915

100
MAN
and Ind'y 78, 1887
Hunt. & Br. Top-lst, 78, '90. .A&O 112>3 114
F&A 109
2d mort., 78, g., 1895
A&O 63 68
Cons. 3d M. 78, 1895
m. Cent.— 1st M,Clilc.& 8pr.'98J&.I 1108 no
do
ni.

1905

5s,

Grand Tr.— Ist

J&»

.,

1st mort., prcf., 7s, 1900
Ist, 38,4s, ,58&6s. 1909.

.
.

..JAJ 115
-A&O 74

A&O
Income, 1919
In'p<>li8D.&.Sp'd—l8t.7a, 1906 A&O
2d M.,

3s, 4s. 5s,

& 6s,

1909

Ind'apoli8& Vin.— 1st, 78,1908.F&A

2d mort..

6a, g., guar.,

&

Intemationai
latmort.,

(is.

1900.M&N

Gt. Northern—
gold. 1919....

M&N

74=8

2d mort.,

—

107

6s,

New

A&O

1900

,6s,

1907. ..A&O

Kansas & Nebraska— Ist mort
2d mort

Keokuk&DesM.— lst,58,
J^ Erie

& West.— 1st,

guar. A&O

6s,1919.F&A

89
80

88
75
35

40

93
54

99 14
63

Income, 78, 1899
Bl.&Mun.,lst,6s,1919.M&N lOOig 101
68
do
income, 7s, 1899..
65
Lake Shore & Mich. So.—
112
M. So.& N. r., S. F. ,1st, 7s,'85.M&N 110
111
Cleve. & Tol., 1st M.,78. '85.. J&J
do
2dM., 79, 1886.A&0 10612
iie"
CI. P. &Ash.,ncw78, 1892..A&0 113
Bufl.& E., new bds, M.,78,'98.A&0 1 1 I7I2 119
Buff. & State L., 7s, 1882. ...J&J 102
114 116
Dot. Mon. & Tol., lat, 78, 1900

eyns., cp., 2d,7a, 1903..
eon8.,reg.,2d, 78,1903.

110

Lou'v.C.& Lex.— lst,7s,'97 J&J(ex)

80
80
75

A

Price nomtnal

;

109

6s. J&J

6a,

1977

M&N
MAN

'

1131a

104
110
106
104
103
106

1021a

117
118
113
112
102
105 14
122
98
55
•40

119
120

lU
lU

103
105 >•
125
98
.56 1«

60
82
124

80
112«i

110
116>a

102 Hi

Ind., lat..68,'81.Var.

1181a 119
1071a

88

:86
:92

95

113
115

115 >s

tl02

104

Pittsb.&Con'llsv.— l9tM.78,'98.JAJ II4I4 114%
112
Sterling cons. M.,09, g.,guar.JAJ(;ilO
Pitt9b.Ft.W.A C.-lst, 7s, 1912.JAJ 130
2d mort., 7s, 1912
JAJ 125

AAO
M&S

3d mort., 79, 1912
Eqiiipment, 8s, 1884
Pitt9.

2d

Titu9v.&

,79.

B.—New 7s,'96F&A

1896

119
JllO

121
112

80

82

FA.\

MAN

Butr.Ch.L.&Pitt.l9t,79,1909
Oil Creek, Ist M.,78, 1882. ..AAO

93
87
Union A Titusv., 1st, 79.1890.JAJ
Warren & Fr'kln. Ist, 7s,'96.F&A 101
35
Port Hur.AL.M.— l8t,7s,g.,'99 MAS
80
Portl'ndAOgb'g— l8t69,g.,1900J&J
15
Vt. div., 1st M.,6s,g.,1891..M&S
oou.M&N
Ren.&S'toga— Ist 7s,1921

loo's

88
102

50
90
30
130

Rich'd&Dan.— Con.,69,'78-90.M&N 10413 IO5I3
100
General mort., 6s, gold
AAO 111 113
Piedmont Br., 89, 1888
100
Rich. Fred. & Potomac— 68, 1875...
117
J&.I
Mort, 79. 1881-90

& Petersb., 8.s,'80-'86...A&O 110
M&N 109
New mort., 7s, 1915

RomeWal'n.tO.— S.F.,78,1891.J&D 103
J&J 95
2d mort., 7s, 1892
A&O 65I3
Consol. mort.. 78. 1904
Rutland- 1st ^I.. 89, 1902. ...M&N 195
F&A 74
Euuipment, 2d mort., 5s
80
3t. Joseph & Pacif.— Ist mort
55
2d mort
3t.L.Alt.&T.H.— 1st M.. 78, '94.J&J

2d mort., pref.. 78. 1894
2d income, 7s, 1894

....

F&A

M&N

BeUev.AS.ril..lat,S.F.89,'96.A&0
3t. Louis A I. Mt.— 1st, 7s. '92,F&A
2d mort., 73, g., 1597
Ist 7s, inc., pf. int. accumulative.

M&N

2d

6s, inc., int.

accumulative
M., 7a, g., '97.J&D

Ark. Br. 1. gr.,
Cairo Ark. A T.,l9t,7s.g.,'97.JAD
CairoAFul.,l8t,l.g.,79,g..'91.JAJ
Olia it.L.A3anF.— 2d M.,classA,'06.MAN
M&N
2d M., class B, 1906
69

110
101

65%
96
75
85
60

112
10413

93

95
117

II312
lO.iifl

113%
103%

93% 93%
731a

104

74
105

lOO'e 101
108*«
9313 94

75
75%
M&N
74%
do class C, 1906
South Paciflc— Ist M, 1888 .J&J i03ia 104i«
85 100
110
3t. L.& S.E.— Con. M..78, g.,'94M&N
35
F&A 25
U20
lat, cons., 7s, g., 1902
Evansv. II. & N.,lst,78, 1897. J&J •90 100
tlOO
«.L.Vand.&T.H.-lstM.,78,'97.J&J 113
110 115
M&N 95
IO8I3 109 la
2d mort., 78, 1898
M&N 105
2d, 78,guar.. '98
116 II7I2
108
Man.—
l8t7»,1909.JAJ
H6I3
St.P.Minu.&
115%
J&J
lat, 78, 1909, small
125 130
A&O t'94% 05 k
2d 68, 1909
115
108 111
St. P. & S. City— Ist, 68, 1919. A&O IOII4 1021*
Mort. on new lines
109 111
St.P. StiUw.A T. FaUs,l8t,88,1901
109 111
do
income
do
109 111
Sandusky M.&N.— 1st, 7s,1902. J&J 10419 107I«
81
80
lstM.,7s.'89JAJ
SavannahAChas.—
104
!102

Long Dock mort., 79, 1893.. J&D ii'fia 119
N.Y.AN.Eng.- l9t M.. 1905... JAJ IIII4 111%
N.Y.N.H.&H.art.,H.&P.lst,7s.A&0

tl09
tl05
tl03
tl02
105

1

46'

{36'

Rich.

118
I

I2318
IO5I2
IO514
lOlia 102
lllifllllia
118=81119
8514 8UI2I
9114

115

:113

l8t78, 1921, reg

West. (Eric)—

Gold income bonda,

I

1898... J&J 111!
tl03

6s, g., reg.,

A&O

1900

Mort. bonds., 5s, 1926
J&J
Con. mort, stg. 6s, g., 1904. ..J&J
Northern Cent'l Mich.— 1st, 78
Northern, N.J.— Ist .M., 6s, '88. J&J
95
Norw'h& Worc'r— 1 st M. 6s. '97. J&J lOS
Ogd'nsb'g&L.Ch.— Ist M.6s,'98,J&J 100
.

Cha8.A8av..guar.,'6s, 1877. M&S

Scioto Val.— Ist M., 78, sink'g fund tlOl

110

2d mortr.
Sham. Val. A P.— 1st, 7s, g.,1901J&J

75

8. F.,8s,1890
M&S tiom 101% .Sheboyg'n&F-du-L.-lst,78.'84J&D
109 19 Ohio Cent.— 1st. mort.,6s,1920,JAJ
90
go's Shore I>., Conn.— 1st M.,78.'80.M&S
90
107
Sioux C. & P»c., Ist M., 68, '98.J&J
Incomes, 1920
50
So.&N.Ala.- l8t,88,g.,end.'90..J&J 109
M&N 82 82% Ohio&Mlss.—Cons. S. F. 7s, '98. J&J 115
MAN 105
48
J&J 47
Cons, mort., 7s, '98
JAJ 114 iieii Sterling mort., 6a, g
no late tranaactiona.
t The purohaser also pays aeorued interest.
tin London.
K In Anutardam.

BtAriing, 1st M., 78, g., 1891.
2d mort., 7s, 1896
3d mort., 88, 1890
'

110%

127
127

M.,new

1st mort., 78.1897,extendedM&N
2d mort. exten., Ss, 1919 ...M&S
3d mort., 78, 1883
M&S
4th mort., 7s, 1880
5th mort., 7s, 1888
J&D
1st cons. M., 79, g.,1920
M&S
New 2d cons. 68, 1969
J&D
1st cons, fundcoup., "9,1920 M&S
2d cons, rdcp., 5a, 1969
JAD

tl02i2i.

A&O

7s,

111

N.O.Mob.&Chatt.— lat.8s,1915.J&J
N.Y. & C.an.-£ M.. 69, g., 1904.M&N
N. Y. Central & Hudson—
Mort., 7s, coup., 1903
J&J 127
Mort., 78, reg., 1903
J&J
Subscription, Os, 1883
MAN
Sterling mort., 6s, g., 1903. ..J&J ;ii6
N. Y. C, premium, 69, 1883. M&N 106

AAO
F&A

7s, g.,'95.F&A

M&N

Exteu. bonds, 68, g., 1900.. .A&O
Cons. 78, 1912
A&O
Androscqg. & Ken., 68, 1891.F&A
I>eeds A Farm'gt'n, 6s, 1901.J&J
PortVd & Ken., Ist, Ss, '83. .A&O
do
Cons. M., 6s, '95.A&0
Marietta & CincinnatiIstiuort..78. 1891
F&A

Stcubenv.A

J&J

A&O
2d mort., 7a, 1907
N.Y.Prov.&B'n— Gen. 7s, 1899. JAJ
Louisville & Nashville6s. due 1830
Consol. 1st mort., 7s. 1898. .A&O 11141a 115
North Carolina— M., 88, 1878.
2d mort., 7s, g., 1883
107
North Penn.— 1st M., 6s, 1885.JAJ
iioia
Cecilian Br., fs, 1907
M&S
2d mort., 78, 1896
Louisville loan, 6s, '86-'87..A&0 104 14 105
Gen. mort., 78, 1903
JAJ
Lei). Br. ext.,78,'80-'85
102 103 lNorthea8t.,S.C.— lstM.,88,'99,M&S
Leb. Br. Louisv. I'n, 6s, '93..
2dmort..88, 1899
M&S
Mera.A 0.,stL, M.,7s, g.,1901J&D :116 lis
North'n Cent.— 2dinort.,6s,'85.J&J
117
M.&Clarksv..st'g,0a.g.,19O2 F&A :115
3d mort., 68.1900
A&O
Memphis & Ohio, 1st, 7s, 1901
Con. mort., 6s, g., coup., 1900.J&J

Maine Cent.— Mort.

Plttab.C.A St.L.- l8t,7s,1900.FAA
AAO
2d mort., 79, 1913

A40
J&D
F&A U07

AAO

1903 ...M&N

82% 83
:4«
51
03 102

J&J

Income m<n't., cons. 79, '96, J&D
Phila. Wil.&Balt.— 69, '92-1900A&O

102 14

98
95
28

N. Y. Lake Erie

M&N

Fl.,7a,

73
41
32
32
102
129

N.Y.&Harlem— 78,coup.,1900.M&N 126%
78. reg., 1900
M&N 126%

1181a 120
125 126
lims 113

& Rockaway, 78, 1901.A&0
Bmlthfn & Pt. Jeff, 7s, 1901. M&S|

50

fd. cp8.,Dec.,'77,to J'e,'80,lnc.

Mort., 79, coup., 1911
J&D
Gold mort., 69, 1911
J&D
Improvement mort., 69, 1897
New convertible, 7h, 1893. ..JAJ
G. 8. f., $&£,6s,g.,1908, X cps.JAJ
Scrip for 6 deferred "a coupons ..
Coaf & I., guar. M., 78, '92.. MAS

20
74
50
40

,

119

L. Rock& Ft.S.— l8t,l.gr.,7a •95.J&J 101 la 102
Little SchuTlkill— 1st, 7s, '82. A&O *103
Long Island— 1st M., 7s. 1898.
107 110

Newtown &

121?

ilOS.ia
do
69,1887
J&D
do
real est., 69, 1883.. MAN
jlOo
120
Hud. R., 2d M., 79., 1885. ...JAD llOiai
12212 123
N. Y. Elevated.— l9t M., 1906.JAJ Illiall2
122 1221a N. Y. & Greenw'd Lake.— lat M., 68 55
61
1181a
2d mortgage
18
22

N. Y.

8S

46

M., «8, 1807.. A&O

Debenture, 1893

96
93
27
84

N. J. Southern— Ist

Lawrence— 1st inort., 7s,1895.F&A

Lehigh & Lack.— 1st M.,7s, '97.F&A
Lehigh Val.— 1st M., 68, 1898. J&D
2d mort., 7s, 1910
JM&S
Gen. M., 8. f. ,6s, g., 1923... J&D
Delano lA Co. bds, end.,7a,'92 J&J
Lewisl). « Spruce Cr.— 1st. 78. M&N
Little Miami— 1st M.,6.s.]S83.M&N

Ex

105

J&D
J&D

Perkiomen— 1st

102

i'le'

Conv. 6s, 1882
J. Mldl'd— 1st M.,
2d mort., 7s, 1881

2dM.,78,'94.J&D

Kal.&\Vh.Pigeon,l8t.7s,'90..J&J
Ijlke Sh. Div. bonds, 1899. .A&O
L. S.& M. S., cons., cp., l8t,7s.J&J
do cons.,reg.,l8t,78,1900.Q—

do
do

110
Pckin Lin.& Dec- 181,79,1900 F&A
108 13 Pennsylvania- l8t M.,6s, '80..J&J
110
General mort, 6s, coup., 19 10 Q—
109 ij
do
68, reg., 1910.A&O
106
Cons, mort., 68, reg., 1905.. (3—
do
69, coup., 1905.. J&D
1061a
109
Navy Yard. 6s, reg., 1881 ...J&J
65
Penn. Co., 68, reg., 1907
Q.—
91
Pcnn.&N.Y.— l8t.7s,'9ti&1906.J&D
102
Peoria Dcc.& Ev.— lat.68,1920,J&J
Incomea, 1 920
118
Peoria Pckin & J.— Ist, 7s, '94. J&J

FAA 113ii
F&A 100

& N'th'ton— 1st M.,78,'99. J&J

N.

Jamest.& FrankL.lst, 78,'97.J&J
do

Paris&Dec'fr- latM.,7s,g..'92.JAJ

ili"

N. H.

lAf.

Kalamazoo A1.& Gr.R.,lst,8s. J&J 108
Kal.& Schoolcraft, 1st, 8s.'87. J&J 100

& .Syracuse—l»t, 78, 'SO.MAN

Panama— Sterl'g M., 7b, g. '97.AAO
& Danville— lat M., 7s .1903

80

lOSial Paris

Naahv.Ch.A St.L.— l8t;7s,1913 J&J II412
1st, Tenn. & Pac, 68, 1917.. .J&J
99
1st, McM. M. W.&A.,6s,1917.J&J
Nashv.A Decat'r.— l8t,7s,1900.J&J 112
97
Nevada Ceu.— Ist 68, 190 1 .... A&O 95
Newark A N. Y.— Ist, 78, 1887.JAJ 110 112
New'kS'sotAS.- l8t,7s,g.,'89.M&N
N'burghAN.Y.— 1st M. 79,1888.JAJ 90 100
N.HavenADerby, lat M., 7s,'98. V.ir

C.

Incomebrts,reg.

M&N

&

G.— l8t,78,1908 J&D 106% 107

Lawr. & So. Ist, 49. 1909 86^4 86%
K.C.8t.Jos.& C.B.—M. 78,1907.. J&J tlllia 112

Kansas

Osw.

7«

Cons, assented, 1904-6
F&A 102 103 Petersburg— Ist M., 8», '79-'98.J&J 75I3
2d mort., 8s, 1902.
J&J
Ist, 6s, g., 1899. (U. P. S.Br.)J&J
2d mort., income, 1911
A&O 61»8 62 Phila. & Erie— 1st M.,68,1881.A&0 1021a
2d mort., 7s, 1888
J&J 111 Hi
Boonev'e B'ge,7s,giiar,1906.M&N
2d mort.. guar., 6s, g., 1920. J&.I 108
Han. & C. Mo., lat 7a, g.,'90.M&N 110
SunburvAErie, l8tM.,7s.'97.A&0 H2ia
do
2d, 1892....
Phila. & Read.— 1st M., 6s,'80. .J&J
Mo.Pac— 1st mort.,68,gld,'88, F&A 1061a
1st mort., 78, 1893
A&O il5"'
2d mort., 7s. 1891
JAJ 109*8 109%

pref. dclicntures
4th prcf. debentures
mortgage, 69, 1927
Morri8& Essex— 1st, 78, 1914
2d mort, 7s, 1891
Construction, 7a, 1889
Bonds, 7s, 1900
General mort., 7s, 1901
Consol. mort., 7s, 1915
Nashua
Low.— 68, g.. 1893.

Ithaca & Athens.— lat ni., 7s,g.J&J *104i2 107%
Jefferson— Hawl'y Br. 78, '87. .J&J
95
108
J&J
1st mort., 78. 1889
Jeff. Mad.&Ind.— lst,7s,1906.A&O 115% 116
2d mort., 7s, 1910
J&J 109 109 ij
Ind'i)oiis& Mad., l8t,7s,'81.M&N 100
JvmctionKK.(Phil.)— lst,6s,'82J&J "102
K.C.Ft.Scott&

60

100

3d

1

1106
105

St.

^..
Income, 7s, 1892
SfwS
Mob. & Ala. Gr. Tr.— l8t. 7a, g'ld,'95
Mobile & O. 1st prcf. debentures..
2d pref. debentures

113

& Sloitx C— Ist, 78,'99A&OI 106

U04

MAN

Osw.&Rnme— Ist M., 7b, 191 5.M&N

122
112

3d mortgage

Iowa Citv& West.— 1 st,7s, 1909M&H
I'a Falls

90

89

Diiluth.— lat 7s

112>«

1109 >« 110
>109>s 110
tll8 118k
101% 103
106 112
100% 110i«

Car. B.. 1st mort., 68, g. '93..AAO

68
112'

&

AAO

7s, 1911
1st mort., Springr.Dl7.,l0O5

M&N

100% 101 14

2d mort., income, 8s, 1909
Ionia & Lansing— Ist 8s, '89. ..J&J

A

"B"
Mo. Kans.is & Texas

55
100
641s 65
80
88
45
40
105 107
95

A&O

M&S

8s, series

50 1«

2d mort., income, 1906
J&J
lud'polis & St.L.- lst,7s, 1919.Var.
2d mort., 78, 1900

96

L.— 1st M., 1927. .J&D
Ist M., Iowa extension
Mis9.& Tenn.— Ist M., Ss, series "A" 115

Minn.

6218

.

8s, '90.MAN
Cons, mort., 8s,'91.

North Ext.,

Minijcapolia

& Western

Ibdiaua Bloom.

112
83

Bid.

Boiros.
(continued)

2d mort.,
110
110

M&S

68,1909

Joliet & N.Ind.,lst.78 (guar.M.C.I
Mil. A North.— l»t. 8a, 1901... J&D

112
105
115

114

M

7s
., 1908.

A Mississippi

Old Colony— 6», 1807
F&A
6b, 1895
J&D
7«, 1895
HAS
116
Cape Cod, 7s, 1881
FAA
87
Or'ge A Alex'ndria— l«t,ea,'73MA.N
2d mort., 6s, 1875
JAJ
100
3d mort., 8s, 1873
MAN
106
4th mort., 89, 1880
MAS
100
Or. Alex.A M., 1st M., 7«. '82.JAJ
IOII3 Oreg. A Cal.— Frankfort Cora.Hcc.x

101

108
108

Kalamazoo&S.II.,l8t,8a,'90.M&N 108
J.L.&8ag.lst,88'85,"wh.h<ls"JAJ 1109

do
do

10.)

;i03

M., 8s, '90. A&O

Rock— 1st,

Railroad
Ohio

Metrop'n Elev.— Ist
JAJ lom
Mich. Cent.— 1st M.,8s,1982..A&0 106 13
Consol., 7s, 1902
M&N 121
1st M. on Air Line, 8s, 1890.J&J 111%
Air Lino, 1st M., 8s, guar. ..M&N 105
Equipment bonds, 8s, '83.. .AAO
Gd. Biv. v., 1st 88, g>iar.,'86.J&J 1108

Inc.

Sterling, S. F., .58. g., 1903. .A&O :io3
Sterling, gen. M.,68,g., 1895.A&0 ;iio

L.

Ask.

Bid.

103
80

3S

109

FAA 1054

100
115

107

THE CHRONICLE.

460

fVoL.

XXX.

GENERAL QUOTATIONS OF STOCKS AND BONDS— Co.yTirruBD.
For Bxplanatlons See Notes
Railroad Bonds.

Bid.

at

Head of

RAII-nOAD STOCKS.

A»k.

Flrat

Pa^e of ((notations.

Bid.

Ask

& Ohio (continued)—
100 150
Washington Branch
100
100
42
Boston & Albany
Ai-O
38
Bds., 78. iioii-mort.
Bed.lOO
New
Fitclib.
&
103
Clint.
0!)
Bost.
l»t,7,1887...M&&
L.I.—
81de,
South
Pref 100
do
do
35
25
8. F.,2d.78,1900.M&.\
do
100
Bost. Con. & Montreal
So. Cen. (N.Y.)— I8t7«, 1899. .J'iA
Pref.,
0... 100
do
2il mort. 7s, gold, 18S2. guar
98
500
I^owell
Boston
&
104
.\&0
100
(pluli)
Minnesota—
l8t,
78,
Bo.
126
100
105 100
Boston* Maine
J<fcJ
1st iiiort. 7b, 1888....
Boston & New York -Vir IJne, pref.|
95
Extension
100 x 134
Bo.PacCal.— l8t.,68,K.,1905-a.J&J ii^h "961^ Boston & Providence
110
Boston Revere Boacli& Lynn. 100
8ontli\vestcrii((Ji>.)— Couv.,7s,188ti 107
leased
100
Buff. N. Y. & Krie.
JiJ 90 100
Summit Br.— 1st. 7«. 190:i
Burlington ('. Bapid3& North. .100
Susit.Il.tS:.KrieJuuc. — 1 st M.,78
100
lisi-j Burlington & Mo., in Neb
Syr.Iiing.&N.Y.—con8ol.7s,"OOA&0 tll3
Pacillc
104
California
Milr
103
«s.
&
Pac—
l8t,
Texas
k.1905
95
Cambridge' (street), Boston ....100
Coiisoi. niovt.,08, pold, 1905. J&D
50
Camden & Atlantic
fig^a 69
Inc. and land gr., rcjt., 1915. July
.50
Pref
do
Tol.P.&W.— Puv. €. rcc'ts, Ist, K. D. 1 29 130
129I2
100
Southern
'..27%
Canada
W.U...
Kec't
IstM.,
Purcli. Com.
50
Burliugtou D...^
Cat awissa
do
50
Old, pref
do
60
l8t prof. inc. for 2d mort
.50
New, pref
do
fcreons'd
60
do
Minnesota
100
&
Falls
Cedar
Con.s.,6s,'94.A&0
United Co"s N'.J.MAd.'< (111
113
Cedar Rapids & Mo. and la. Ld.lOO
Sterling mort., 6s, 1894
100
Pref., 7
do
M\S}:1!5 117
do
6S.1901
100
KicA lom 105>2 Central of Georgia
Cam. & Ami)., 68, 1883
100
Iowa
lO/JiilOSifl
Central
JiiU
68,1889
do
100
Central of New Jer.sey
mort., «8, '89.MAcN 114 !U
do
112i2
50
112%
CcutralOhio
tJnlonPac— l.«t .M..68.k.'90-'99.J&.1
.50
Pref
A&O 111 lll^a
do
Ijind Grant. 7s. 1SS7-9
100
IIC
Paciflc
Central
MAS
Sink. F.. H.'i, 1893
100
Om. Bridw. sterl. 88,K., '96.A&0 ;118 120 Charlotte Col. & Aug
Chesapeake & Ohio, couinnxn ..100
MAS 114
Bey. tis, 1-<!I3
Ist pref. ..100
do
JAJ loo's
Coil, trust. 6s, 1908
2dpref....l00
do
Colorado Cent. ,l8t,8s,>f.,M)0.J&L> "IIOO 105
100
Clieshire, pref
Denver Pne.,l8tM.,7s.i,'..'n9.MA-N 90 100
100
Alton
01dcago&
Kans. Pac, Ist, 6s, «., 1895.I''&A 118
100
Pref., 7
do
IstM., OS, i:.,1896.JiI) II6I2 118
do
Qniney.-lOO
&
Chicago Burlington
do l8t,R.&L.G.r)'d,'99.M>t>;
L'd l8t M,7s.f,'.,'80.J&,l
Chicago Clin. Dnliiinuc &Miun. 100
do
Cllieai.'o & Kast lliinois
do
Land 2d M., 7s. g., 188(i
100
(•liieag.i Iowa .t Xi^ltra.ska
do
JjCar. Br., 78, '96...M>tl>
do Tnc.,No.ll,7s, 1910.M&!:
Chicago .Milwaukee & St, Paul. 100
Pref., 7.100
83
do
GO
do Inc.,No.l6.7s,1916.M<fc.-100
do Denv.Div. ,6s ass. ep. cert, 107^8 108
Chicago & North Western
110
Pref., 7.100
do Istcous.M ,68,1919 M&S
9.1% 9618
do
192
100
Chicago & Rock Lsland
Utah Cen.— IstM., 68, g.,1890.Ji'> 100 105
100
93 100
Utah Soutliern— l8t 7s, 1891
Chic. St. L. &N. O
Utlca & Bl'k K.— l8t M., 78, '78. JJi.i
Chicago St. Paul & Minn., com 100
PrefJ.00
Mort., 78, 1891
J&J 166'
do
40
100
Verm't & Can.— M.. 8s
38
Chicago & West Michigan
Mississquoi, 78, 1891
20
100
J&J
10
CIn. Hamilton & Dayton
Vermont Cen.— 1st M.,7s,'86..M&N
12
14
50
Cin. Sandusky & Cleveland
Pref., 6.50
2d mort., 7s, 1891
J&l)
1
3
do
Income extension 8a
40
M&I<
38
Clev. Col. Cin. & Indianapolis. .100
Stanstead S. & C, 7s, 1887. J&.I
2ft
35
Clov. & IMahoning Val., leased.. .50
Verm'tit Mass.— Ist M.,6s, '83. J&J 103>4 103 "s Clev. & Pittsburgh, guar., 7
50
I512
Couv. 78, 1885
J&.)
120
Col. Chic. & Indiana Central... 100
100
Vtck.&Mer.— lstM..en(l.,78,'90.J&J
.50
70
Colambiia & Hocking Valley
2d mort, end., 7a, 1890
50
J&J
.'JO
Xenia,
guar.,
8
Columbus &
"8912
Wab.i«li— l8t»I.,ext.,78,'90,ex.l'&..\ 109
109
50
Concord
Mort,, 78, 1879-1909
120
AiiO
96
Concord & Portsmouth, giiar.,7 100
2d mort., 78, eit. 1893, ex..MJiN 104% 104'6 Clonnecticut & Pa.ssumpaic
65
100
Equipment, 78, 1883
M A!^
40
145
100
Connecticut River
Cons, mort., 78,1907,con.,cxQ—
54
lOOia 101
Dayton & Michigan, guar., 3i2.-50
1st. 8t. L. div., 78, 1889, ex.F&A
120
10512 106
Pref., guar., 8.50
do
Gt. West., Ill.,l8t,78, '88,ex.F&A 10712
100
100
Delaware & Bound Brook
do
2d,78. '93,ex.M&M 104»2'104% Delaware Lack. & Western
50
Q'ncy & Tol., 1st, 7s,'90, ex.M&^ 105 108
100
Denver & Rio Grande
111. <fc 8. la., lat, 7s, '82„ ex.F&A
104
Det. Lansing & Northern, com .100
8t.L.K.C. &N. (r.e8t.& R.),78.M&S
IO5I2
do
do
Pref. 1001
do Om.Uir.,l8t78,1919.A&0 109»2 lOO^s Dubuque & Sioux City
100
do Clarin. Br., Os, 1919.F&A
95
50
East Penn.8ylvanla, leased
do No. Mo., Ist M., 1895.r<fc,l 116
East Tennessee Virginia & Qa.lOO
Wabash Fund. Int. Bds., 1907—
Eastern (Mass.)
100
Various 78
F&A 102
E.osterniu N. H
100
Various 4-5-6s
F&A 85
100
Eel River
Warren (N.J.)— 2d M., 78, 1900
95 100
Elmlra & Williamsiwrt, 5
50
We8tch'r&Phil.-Coii8.,78,'91.A&0
do
Pref., 7. .50
W. Jersey— Debent. 68, 1883.. M&S 103 tC4
-50
Erie & Pittsburg, guar., 7
lstmort.,6s, 1896
J&J 113 119
100 125%
Fitchbiirg
Oonsol. mort., 78,1890
A&O 112
Flint & Pcre Maniuetto
18
West'n Ala.— l8t M., 88, '88.. .A&O 111
114
Florence EI Dorado & Walnut V.IOO
30
2d mort., 8s, guar., '90
A&O 112 114 Frankfort & Kok{)mn
50
West. Md.— End.. 1st, 6s, 90.. J&J 115
121
Georgia Railroad & Bank'g Co. 10
Ist mort., 68, 1890
J&J 108 114
Grand River Valley, guar., 5.. 100
End., 2d mort., 6a, 1890
J&J 115 121
33 '8
Hannibal & St. Joseph
100
2d mort., pref., 68, 1895
J&J 99 IOOI2
do
71%
Pref., 7.. 100
2d, end. Wash. Co., 6s, 1890 J&J 108
114
Harrlsburg P. Mt. J.& L.. guar., 7.50
3d, end., 68, 1900
J.fcJ 115
121
Highland (street;, Boston
135
I'V
West'nI'enn.— Ist'M., 68, '93.. A&O 105
Hou.ston & Texas Central
lOi'
Pitta. Br., 1st M., 68, '96
J&J 106
Huntingdon & Broad Top
50
W11.& Weldon—8. F., 7a, g., '96. J&J 105
110
do
do
Pref... 50
Winona&St.Pot.- l8tM.,7s,'87.J&J
109
niinois Central
100
2d mort., 7s, 1907
M&N 110 11312 Indiana lUoomingtou & Westeru...
Ex., 1. g., mort., 7s, g.. 1916.. J&O
Indianap's (Jin. & Lafayette
50
Wis. Cent.— 1st, 78, coups, mifund.
75
70
fntcrnalional & Gt. Northern. .100
1st series, new
60
65
Iowa Falls & Sioux City
100
2d series, new
4OI4 Jeft'v. Mad. & Ind'p's,"l'8od. 7.. 100
40
W erc'r & Nashua— 5s, '93-'95'. Var. 195
100
Joliet& Cliieago, guar.. 7
100 109
Nash. & Roch., guar., 58, '94.A &0 195
100
iiausaa City Ft. Scott & Gulf... 100
49 14
Ao
do
Pref. 100
80
Kansas City Lawrence & So .. .100
8OI2
Kansas City St. Jos. & Coun. B.lOO 70
STOCKS. Par.
Kansas City Topeka & West'n. 100
"20'
Kansas & Nebraska
24
Kansas Pacillc
50
Ala. Gt. South -Lira., A., Cs,pref..
;8i2
9
Keokuk
Des Moines
&
100
Lim., B, com
:4i4
4%
do
Pref.... 100
Albanj- & Susciuoh., Guar., fi.iioo 106
Lake Erie & Western
100
Allegheny Valley
50'
Lake
Shore & Mich. 80
100
Atchlsuu & Nebraska
ioo
80
81
Lehigh Valley
50
Atchison Topcka & Santa Fe.. 100^x124 125
Little Bock & Fort Smith
100
Atl. & St. Law., leased, 6, JB
100 ; I ',.8 120
Little Miami, leased, 8
50
Augusta & Savannah, leased. .1001
Little Schuylkill, leased, 7
50
Baltimore & Ohio
100 xTsif 156
Long Island
50
do
Pref., 6
10o| 116
120
Louisiana & Mo. RIv., pref., guar..
do
2d, pref
IO713 109
Louisville & Nashville
100
Louisville New Albany & Chic. 100
90
102

So. Cnrolinn— lstM.,78,'82-'fiS..I&J
Idt, etcil. mort., 58,R.,'S2-'88.J&J
Bd8,78,'02,2il M.,uiioiOoliicilA&0

92
72

105
100

74'2

BaltimoTO

I

Parkersl)ur« Branch

.

Railroad Stocks.
Lynn & Boston

.

,

'.

BAILROAD

.

•ITloeaoiatDal; noUtetraasaotloaa.

t

The porahasor

also pays aooraed iuteres';,

J

•

50
50
25

5I2

666
97

Boston. ..50

(streeti,

.Michigan Central
.Middlesex (street), Boston
Mine Hill & 8. Haven, leased

1 00

Mi.ssouri

100
100
100

Ohio RR.

.ass;*

& Essex, guar., 7
& St, Louis
.Vashua & I^owell

105
73

.50

25

.Nashville. Chat.

Nashua & Rochester,
Xaugatuck

^58
355s
3
2f-2

.50

Kansas & Texas

1

00 xlll
58

guar., 3. .100

100 135
54

.^eaiiiiehoning Valley, leased, 10.50

00
Xew ILaven & Northampton
.New Jersey Midland RR
1 00
N. London Northern, leased, 8.. 100
100
.Vow Mexico & 80. Pacifle
N. Y. Central& Hud.sou Riv....l00
New York Elevated

New York & Harlem
do

98
113
59
3553
5

23
lOG
73
112
59

54 13

104

105
13018 13112
II2I2 113

180

.50

50

Pref

& West
do
Pref
100
New York & New England
N. Y. N. Haven & Hartford ....100
N. Y. Ontario & Western pref.
common..
do
do
New York & OswegoMidland. 100

4214

N. Y. L. Erie

65
49 %
160

Bos. ..100

4238

50

29% 29%
6

.

New York Providcnce&

9
7

30
67

89% OOk

100 xll2

Missouri Paeide

&

82

25

Me tropolitan Elevated

Mobile
Morris

81

.50

Memphis & Charleston
Metropolitan

Ask.

100
38
40
100 xl40 143
100 30>2

.Marietta & Cin
l8t pref
2d pref

1

H

100

(street)

>Iaeon & Augusta
Maine Central
Manchester & Lawrenc
Manhaltan Railwa

Bid.

1

13312
550I2

50
North Pennsylvania
100
North Wisconsin
50 5341s
Northern Central
9ft H
100
Niuthern New Hampshire
28%
100
Northern Paeide, common
52
100
Pref
do
Norwich&Worcester,leased,10. 100 138
Ogdensburgh & Lake Champ... 100 331-2
78
Pref., 8. .100
do
22
100
Ohio Central
100 33 12
Ohio & Mississippi
100 761-2
Prel
do
100 111%
Old Colony
Oswego & SjT.acuse, guar., 9.. ..50 108
100
Panama:
50 554I2
Pennsylvania Railroad
50
Peuusy Ivania Company
Pref
50
do
Peoria Decatur & Evansvillo ..100
50 5I6
Philadelphia & Erie
64
50
Philadelphia & Reading
50 i
Pref:, 7
do
100 160
Phila. & Trenton, leased, 10.
Phlla. Germ'n & Nor., I'sed, 12. .50 §102
§6912
.50
Phila, Wilmington & B.alt

51
3414

96

28%
52%
139
,33%

79

33%
76%
112
189
5458

16%
64%

. .

Pittsburgh Cincinnati

&

St. L....50

Pittsb. & Connellsville, leased....50
Pittsburg Tituaville & Butralo...50
Pittsb. Ft. W. & Chic, gtiar., 7.100
Special, 7.100
do
100
Pleasant Hill & Do Soto
Portland 8aco& Portsm.,l'8ed 6 100
Portsm'th Gt. Falls & Conway. 10^

So
5

§17%
116

102%
70
10
12

18
117

112%
43

105
106
3014
30
100 106 112
Providence & Worcester
100
Pueblo & Arkansas VaUey
100 120 120
Rensselaer & Saratoga
100 148 1.149
Republican Valley
100 82
Richmond & Danville
60
100
Richmond Fred. & P
do Guar. 7.... 100 114 117%
do
79% 84
100
Richmond & Petersburg

Rome Watertown & Ogdensb

.100

100
Rutlaud
100
Pref., 7
do
St. Joseph & Western
Haute.
100
Terre
&
Louis
Alton
8t.
Pref. 100
do
do
100
Belleville & So. 111., pref
St.

Louis I.M'n

&

South. ,asseu'dl00

100
& San Fran
Pref
100
do
1st
pref..
100
do
100
St, P.aul&Duluth
100
do
Pref
1 00
Seaboard & Roanoke
Guar
100
do
Shore Line (Conn.), leased, 8. ..100
50
South Boston (Street)
100
.Sonlli Carolina
25
South Side
100
Southwestern, Ga., guar., 7
Syr.acuse Bingh'ton & N. Y....100
50
Summit Branch, Pa
50
Terre Haute & Indianapolis
100
Toledo Peoria & Warsaw
1st pref. 100
do
do
2d pref.. 100
do
do
United N. Jersey RR &C. C0..IOO
100
Union Pacifle
100
Vermont & Canada, leased
100
Icised,
6
&
Mass.,
Vermont
100
Wabash St. Louis & Pacific
Pref. 100
do
do
50
Warren (N. J.), leased, 7
.50
Westchester & Phila., pref
50
West Jersey
West. Maryland
100
Wichita & Southwestern
Wilmingt'u & Weldon, leas'd, 7.100
100
Wisconsin Valley
100
Pref
do
100
Worcester & Nashua
St

Ic Loudon,

.

I.,oui3

—

^ laA-Esterdam.

6% 7
28% 29
20

24

20% 23%
65
30

67
40

48=8

31

46
66

31%
46%
66
39
67

65
95
95
122

125

10
45
95

12
75
105

13% 14%
110
9

6%
159
S7
17
xll9

120
5
12
9
162

87%
20

119%

38% 38%

67
109

671*

30

7%
78
65
60
74

9
82

72
77

63%

§ (JuG*a4ii>nptr8i?xd.

May

THE

1, 1880. J

()HRONJ(^LE.

461

GENEIIAL QUOTATIONS OF STOCKS AND BONDS—Continued,
For Explanatlona
Canal Stocks.

HiSCELLANEOCS.

Ask.

Bid.

CANAL BONDS.

Clieaap. & Delawaro—
1st iiiort.,Ca/8(>J&J

Cbcsaiicako

&

Ohio

30

6s, 1H70
Q.-J
Deluwinp, Division—
(is,

1,S78

Doliiwiiic
.

92 »a

& UiitUon—

J&J 100^
Isti-xt., 18U1..M&N
78, 1884
J&J
Coup. 78. 1S94.A&0

Ameriean

no

Unite.l States

WollH Fargo

106 14

10S1.J

GAS STOCKS,

Baltimoro Gas

li2'8

. .

I

Busqueliaiiua
6s, eoup., 1918.. J&J
7s, coup., 1902.. J&,I
TJniou.lst 6s,'83.M&N

Peo|>lo'8,

50

55

CANAL STOCKS,

Par.
^
Chesapeake & Del. 50

Del. & Ilmlsou
100
Del. Div. leased, 8.. ,50
I-chiijh

NaTiKation..50

Monia, Kuar., 4
100
do pf.,Kuar.l0..100
Pcunsylvania
50
Schuylkill Nav
50
do
do pref.oO
Susquehanna
50

•5._

79''e

37

39

6%
514

Amer'n SS.Co.(Phil.)—
6s, R. C, 1896.. A&O 102
Bait. Gas Light Os.... 102ia
Canton (Bait.)
£6s. jr., 1904. ..J&J 110
Mort. 68,K.,1904 J&J 1 10
Uu. RR.Ist, cnd.,6s. 110
do 2d, end. 6s,g.M&N 102

Consol. Coal—
1st M., 78, 1885. J&J

7%
1414

105
111
111
115

110

1929.A&0.' ;108

2dM.,78,g.,1901J&J
3d, 78.

K.,

;78

110
108
82

;93

93

102

1886.M&S

Tun'lRl{.,lst,£,9.s,g.

Mariposa Gold L.&IL—
Cons. M., 78. '86.J&J
Oreg.R.&N.l8t,6s,J&J
PuUui'n Palace Car—
2d 8eries,88,'81M&N
3d series, 8s,'87F&A
4th do
8s,'92F&.\
Dcb'nfre,78,'88A&0

93% 93%
103
106
112

104
110

Bo8t.

Duck

Cambria

(.Mass.)700
Iion(Pa.).. 50

(Mivss.).

Kings Mountain
KoHSUth

60
20

.Min's.',

.

Meniphis
Merrlniae Silver
10
Mexican G.&Sllv.lOO
Moose

Mont BroHs

j29% 30

National
ll»ia Osceola
1900 Pethcriek

Powabio
Phenix

1100

144
30ia 32
170ia 172
.v2000 2050
1340 1360
•''162
163
030 935
100
593
101 162

Pontiao
(Jnincy
Uidgc

17

16
I914
81,,

37

75e.

20

5c.

4
5
21^
20
1il6ia
25
1
25
50c.
25
7
25
40e.
50c.

1%
25
2
25
3
23
25 x30
25

2:

"261a

56
25

4

25

30

1

Rockland
.Silver Islet.j
.Star

25
25

Winthrop

2.5

25
.25

16
2
10
40c.
90o.

.\inerican Flag...,

Bechtel
Belcher Silver

1

Hamilton (Mass.) 1000 1195 1200
100
•>7:-.
I!elvidere
llartr. CariHJt (Ct.)lO(l 270
106
liellc Isle
Hill
(Me)
1041a
100
Stlg, 7s.g..l885 A&O
Bertha & Edith
Holyoke W. Power.lOO 240
Rutland Marhlo—
Jackson (N. H.)..]000 1205 1225 Best & BelcUer
100
78 g., 1898
M&S
60
Bobtail
57'
Kearsarge
100
Bt.Charles Bridge, 7s
IO5I4
15.30
BiKlie
333
Laconia
(Me)
400
Sjiring Vallej—
Buckeye
Lancaster .'\r.(N. 11)400' 800 825
W.W.,lsts,1906.M&S 10116
Lawrence (.Mass.)1000 1700 1710 Bullion
106
Wostcrn Union Tel.—
Bulwcr
850
l^oweli (Mass)
840
6S»0i
78, couj)., 1900..M&N 117
llSifl
240
I'alaveras
235
Lowell
Bleaclieiy.200:
,.
78 reg., 1900..M&X 117
Lowell Macli.Sliop..50(li "^^^ 800 M'aledonia B. H
loo
104
Sterl'g 68, 1900.M&S $102
Lyman M. (Maas.).I(((il 102ia 103 California
100
raiSC'LLANEOBS
171
("alunict & Hecla
.MaiiclicstiM- (NMI.)lO(i 170
STOCKS.
.Ma..iS. C.tli.n
1185
'ashler
10(111 1175
Anier. Dist. Tel.
23
Merriniaik( Mass) 100(1 1650 1670 jChi-ysolite
Anier. Diat. TeI.(Balt.l
•235 I'Ciiollar-Potosi
18
30
Miadlo.sex (Mass.). 100
100
Atlan.&Pac.TeL.lOO 43
43% Nashua (N. H.)....500 750 770 i;('lcveland (jold
10
Boston Land
Consol.
114
North
Naumkeag
Slope.
lo
Sh 95b
(Mass.) 100 1121a
Boston Water Power
('on.sol. Pacific
80
12% 12781 N. E. Glass (Ma3S.)37r 76
Brookliue (.Maas.)L'd5
4% 5 Paciflc (Maas.)...1000 2313 232; Con.sol. Virginia. ..KM)
Canton Co. (Bait.). UK)
(•onlhlenee Silver. 100
Penn.Salt Mfg. Co.. .50
SO
60
Cent. N.J. L'dlnip.lOO
down Point
925
40
Pepiierell(Me.).....500 915
100
Ciii. & Cov. BMiic pref. 130
Daliioneea
380
Salm(.nFalIs(N.II.)300 375
Equitable Tr.(N.r)lO0
ICureka Consol
34
Sanilw.(llass(Maas.)80
30
100
iaiineis'LoiiTi&Tnist 225
Stark Mills (N.H.)IOOO 1375 139(1 Kxchequer G. & S-100
Gold&.StoekTel....25
Flndley
140
150
Trcniont&S.(Ma.ss)100 139
Louisville Biidgo
114
Thorudike(Mass.)1000 1000 102.-> Gold Placer
McKay Sew'g Mach.i(j x36
Goodshaw
23
37
Unhm M(g.(Md.)
21
Maverick Land... 10
(iould& Curry S..100
95
Washingfii (Mass.) 100
314
94
3%
Merc'ntile Tr.(N Y)100
Grant
23
Weed Sew. M'e (Ct.)25 20
100
N.L. Mtg.Seeiir.tBost.) 107
Graod Prize
90
Willlm'tlc Linon(Ct)25
108
89
». lianipshire Land 2,t
York Co. (Me.)
7%
750 X 1-230 1230 (rianville Gold Co
(Jreat Eastern
N.J.Life&TrustCiy.lOO 365
O. Dominion SS.Co.lOO
(irecn Mountain
COAIi & mSCEL.
Oregon Ry.&N.Co.lOO
Hale & Norcross. .100
miNINU STOCKS.
PaciflcMniiSS.Co.lOO
Henry Tunnel Co
53
39% 40 Ameriean Coal
25
PiiUniaPalaoeCarlOO 114 116
Horn Silver
Big .Mountain Coal. 101
Bt. Louis Tranater
Hukill
Buck Mounfn Ci)al..50 f->3i2
Co
50
Price nominal; ao late tnuuaotioDe. t Tbs purohascr clso pays accrued iat.
In London.) Quotation
II2I4

I

100

.

08

StarG&SlOO

io"
-68

Bulwor

1-60
,

,

2-50
6-50

,

;,

-'22'"

BANK

20-00

ioo

STOCKS,

Baltimore.

Bank of Baltimore 100 120
39% Bank of Commerce. 25 ID

130

17

Chesapeake

25
15is
10
Cmn. & Fanners'.. 100 HI
I4 Farmers' B'k of
]
Md.30 30
30I4 Fariners'& Merch..40
44
Farnicrs'&Plantor8'25
6
39
7.5c. First Nat. of Bait.. 100 120
Franklin
17
7
I2'i
214 Gennan American
100
21
6

Citizens'

16
115

32
45
40
50
71a

OH

11

Howard

50c.

Marine

34

Mechanics'

111-3

)fl

•58

1-90

1

Boston
'..100

..100

Blackstone
Blue Hill
Boston Nat
7'88
•45

100
100
100
100

Boy laton

Brighton, (Nat.). ..100

Broadwav
Bunker Hill

1600

Cimtineiital

Eagle

100
100
100
100
KX)
100

Exchange
Everett
FaneutI Hall
First National
First

20
160
108

79
36

110
100
109

HOH

110
IISH) 114
101
94
158
156
loo's 106
120 121
121

noH

1(K) IO5I3 106
100 112 II2I4

Eliot

3-00
2-95

130
115

1451a 146
122
121

100
100
100
100
Columbian
100 141
Commerce
100 1'20
Cominonwealth ...100 110
Central
City

2^40

9

30 32
III4
10
.Merchants'
100 120
National Exch'gc. 100 110
People's
16
25
Second Nation.al ..100 140
Third National.... 100 105
Uuiiui
'75
75
Western
20 SB's
Atlantic
Atlas

;

!

South liodie
South Bulwer

314

(

!•

4-50

loO

75e. Utah
714 Unimi Consol
50c. Yellow Jacket
73c.

'

i

100

Shamrock
Siena Nc\-nda 811 v. 1 (X)
loo

3
Tip Top
171? Ti'i"
II4 Tuscarora

I

!

Seaton eonsol
Segi-egated Belch'rlOO

"oiith

104% 105

I

Lead
10
Savage Gohl&Sllv.lOO
St. Jo.sepli

1'2'.-

2

•29
•28

Raiqinlianoek.
RaymoiKl & Ely... 100

85c. South Hite
10c. .Standard
4I4 Tioga

4

2-20

Phil. Sheridan.

.South Boilio

(At N. V. Board.)'
Alpha Consol G&S.lOO
AmericanConsol.

Everett (M.a8.s.)...100 139
1*0
Franklin (Me.)
100 IO5I2 106
109
Great Falls (N. H.)100 105

I

G. &S...100

Plumas

39

CA I.. A: NEVADA
iniNINO STOCKS

700

Ovemian
I

I'GO

Gplilr Silver
100
Orig.Comst'k G&S 100
Oiigiiial Keystone.

I

2i« Southern

51a
25 62iac.

."Superior

•35

N. Y. & Colorarlo.
North Stnnrlnrd...
Nmtheni Belle. ...100

Silver City
l»ia Silver Cliff
9
Sliver Hill

38
236

.25

.Sullivau(Me.)Silvcr K)

110

'.

NnviOo

100

STOCKS.

Minnesota

•21
•76

Belle
Mc(Jllnlon

6

100
100 "20

8Uver20
25

•20

8-80

10

Martin White....

BOSTON mtlNING

International

100

May

5

)

Humboldt

127

l.«onurd
3I4 l^-vlnthnn...
Little Chief.
6i4 Lucerne

I

rranklin

a'-7o'

Leeds

35

33

.

Silver

•m"

"

Ijidy WiishlugtOD
Leadville....?

19

Penu. Anthracite (.'onl.
^ _
Pennsvhan in Coal 50 200 215
Pilot knob I. (St.DlOOi 100
llifi
15
(iulcksiivcr Min'g. 100
69
do
pref
]St. Nicholas Coal... 10
1
SanJiiansii. Min.lOO
21a
11
9
8. Raph'lSil.,Mob.lOO
13
10
do
pref. 100
"
Shamokin Coal
^^pring Mount. Cn;il..50
"29" "29
Stand'd Cons. G.M.I (M^i
h
Westmoreland Coal. 50 J68
Wllkesb. Coal & I. .100

Duncan Silver

85
60

I.>acrosw^

Creek Coal
10
N.Y. &MidillcCnaI.25

Manhattan
Mosnanl

.500 690

Kentiick

35

New

Gntario.Sil.

Douglas (Me.)

Chicopee(Mass.) ..100
Cocheco (N.n.)....500 750 760
Collins Co. (Conn.).. 10
8^ -'H
80
Continental (Me.). 100
78
103
101
Dougl'sAxe(MabS)100

Dwlght

pref.

Coal

'40

.log
.100

I

Montauk Gas Coal. 100
N<!W Ontnil (,'onl

Huron

II.)

Bartlett (Ma.ss.)...100

do

Maryhmd

Ask.
'4.5

Julia
2'g Justice

Ixicust Mt. Coal
.50
Marlp'sa L.&M.CalKK)

Huiigai'ian

100 119
.\ni08ke.ag (N.II.) 1000 1890
.\n(lroscO!,''n (Me.). 100 123
Appletoii(Ma.s.s.).1000 1090
Atlantic (.Mass.)... 100 143
Ainoiy(N.

«%
2%

La Phitta M'k&S.Co.IO
Little Pittab'g On. 100

Dana
Dawson

STOCKS.

Imporinl
Indoiieudence

21a

Calumet & Hecia...25 235
Catalpa Silver
2
10
38
Central
25
Copper Falls
12
50

140
180
85
lOS
78

O. L
.50 217
921
Laclede, St. Louis. 100
11
(^arondclct
50
San Francisco G. L.

Bates (Jle),
100
Boott Cot. (Mass.) 1000
Boston Co.(Mass.)100()
Boston Beltiiis
1 00

Ist, conv.,(is,'97.J&J

.

70
75
200

St. I/<Hii8

Ani.B.H.S.M.(Pa.)12i3

George's Cr'k C'l (Md.)
Homcstakc Min'g. KMl
Lendvllle Mining... 10

Bid.

HMCF.I.I.ANEOUS.

Huuey ..,..,.

W.&M.fo.lOO

Allonez
25
Atlantic
25
Blue Hill 'Me.)
10
IJiunsw'k Antinioiiy."

MAN CIFACT'ING
IO2I2

Cuml)eii'd&Pa.,lst,'91
I11.& St. L. BridgeIst, 78, g..

114

76 1_
^35 la, 35=8 N. Orlcana G. L. ..1(X)
.V. Liberties, Phila..25 5"34ia
62
Washington. Pliila..20
71
Portland, Mo., G. L..50

MISC'IiLANEOCS
BONDS.

Eccoustiuc. certfs.

Jersey C.

113
UmisviUo G. L
.Mobile Gas & Coke. 8
Central of N. Y
50 60
68
Harlem, N. Y
.50
Manhattan, N.Y... 50 19S
MetroiMilitan, N.Y.IOO 132
.Municipal
100 170
80
Mutual of N. Y
100
Sow York, N.Y
100 105

Cent.Arizona .Miu:iOO
Climax Mining
10
Clinton Coal & Iron. 10
Colorado Coal & 1.100
Consol.Coalof Md.lOO
Cunibeii'd Coal&I.lOO
Deadwnod Mining. ..
Excels'r

100 IfiO 190
102 1» 108
do
certs..
7ie
Consumers' Gas. Bait
7
do
112
Teg. 78,M&S
2618 26 '4
People'a().L.()IIijlll.2:
James Riv. & Kun.—
Boston (iaslight....'JO0 785 790
1st iiiort., OS...M&N
60
26
28
Rist liostou
25
20
2ainort., 6a.. .MAN
106
Simtli lioston
100 105
Loliiftli NavlKatiou—
Biookliiie.Mass... 100 101 la 102
«s. IT!,'., 1884....Q-J 1071a 108
13114
CamliiiiK'e, Mass.. 100 134
KR. (is. rpg., 'n7,Q-F lU
Chc'lsea. Ma.sa
75
Dell. 6s, res.,'77,J&D
100 (i5
79
80
Dorellesler, Masa, .1'
C()iiv.(is,res.,'8'2J&l)
118
I'.'O
Jauiai(^a I'l'n.Massli
<Io (!k,j,'.,i-j,'.,'<)45I&S 10,') '8
130
128
1 00
10612, Lawrence, Mass.
6s,i.'..(i>.&rK..'97J&D 106
l.-)5
l()i< 150
Cons. ]M., 1911 7.,j&D 105
105 la Lowc'll
75
l.y
.Mmss.,g. L..100
76
Louisville &rortl.—
100
93
MiiNLiV
Melro,se...l0()
101
3(1 iiKiit.,6s
100
Vewtoiut Wafii ..100 II7I2 118
4th niort., Qs
100 107
Salem, Mass.,
Jlorris
100 100
130
Brooklyn, L. 1
25 125
l!c)atrn,reg.,'85A&0
73
Oitizeiis',
Brooklyn.
N^^\v iiiort
20 70
60
70
Metropolitan, B'klyn.
Pomisylvania—
55
60
Nassau,
Brooklyn
(is. ooiii>., 1910. -J&J
81
80
..2.5
45
40
People's, Brooklv-n.lO
Schuylkill N,iv.—
721a 77
lat SI..6S. 1897.Q-M lOOia lOllo WilliiiiMsli'g. B'Ulyn50
21
('llarl.-sfii,.S.C.,Gas.25
2tlM.,6a, 1907..J&J
78
79
Chicago U.& Coke. 100
Molt, (is, ep.,'9.ij&,
166
Cincinnati G. & Coke
6s,iIllIl..(ll.,s()^r&N
30
32
Hartford, Ct., G. L..2
Cs,l)tiVcar,lin:i.M&N
70
155
Jersey C.& Hobok'n 20 150
7.s,bt\eur,1915M&N
80
85
Ken. 7s. 1S'J-1..A&0
1st I'a.D.cp.,78,M&S

A(k.

Bid.

26
10
Caribou Con. Mln'g.lO

100 inij 113
51)
68
100
KX) 47% 48
100 1061a

Adams

Page of Quotations.

21* BntlcrCoal
ISOii Cameron Coal

RXPRESS STCKS

J&J 103

78,1891

10
100
100
a. 8. Mort.Co.(NY(100
West. Union Tei... 100 100

First

HlftCELLANEOng.

Ask.

Bld.

5*238

Sutro Tunnel
Union Trust
V. S. Trust Co

82

81

Head of

Note* at

fiee

Wanl

14
Fourth National. .100
19-00 Freeinaus'
100

114% 115
139^
139
100

110

12518 126

185
97
98
114
106
119

116
107
Globe
100
121
Hamilton
100
Hide & Leather... 100 114% lis
Howard
100 114 116
Manufacturers'.. .100 101% 102
Market
100 104 105
Mnrket(Brighton).loo 1.54 155
114
23 Mossnehusetts
.2.50 1 13
66 MaMcriok
100 200 201
3-15
Nectaan<n8' (So.B.)lOO 112
100 105 105 >•
Merchaudise
Merchants'
100 140 141
18-38 Metropolitan
100 llOig- Ill
2-10
Monument
100 161 1164
-63
-84
-47

. .

.

per share. V Slurea doubled.

||AU«s-dly

THE CHRONICLE.

4r>2

[Vol.

XXX.

GENERAL QUOTATIONS OF STOCKS AND BONDS—Concluded,
For Explanations See Notea at Head of First Page of ((notations.
Bakk

Wew

Bid.

Stocks.

100
100
100
100
50
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100

JlUVornon
England

Uorth
Morth America

Old Boston
PSsclflo

feople'a

Redemption
Bepubllo

Severe
Bookland
Second Nat
*5curlty

Shawmut
8boe<Si Leather

State

Ask.

Bid.

Baiik Stocks.

Ask

Bank

Hamilton
Hochelaea

II8I2III9

123

New

Bid.

Stocks.

Portland, Me.

100 101 13
100
143
100 98% 99 14
[mporial.
12«>fll27
111 lulls Jacques Cartier...lOO 7012 72
100
60
61
Maritime
112 113
100 95% 9614
Merchants'
85
50 80
156 157
Molsons
200 135 1« 136
132 133
Montreal
50 8OI4 80%
125 Is 126
Nationale
40 8OI4 80 12
114 116
Ontario
70
120
100 50
Quebec
8213 83
149 149>a Standard
100 125 130
178 182
Toronto
100 67 14 7OI4
Union
1211a 123
100
ViUe Marie
115>alll6

100
142

Cumberland Nat.. .40 55
CanalNat
100 151
CaseoNat
100 144
FirstNat
100 144
'75 110
Merchants' Nat
National Traders'. 100 142

Ask.

56
152
146
146
111
144

Nat

Merchants' Nat... 100
Nat. Bk of VirginlalOO
Planters' Nat
State Bank of
St.

Orleans.

931a

96
100 114
Va.lOO 97

Crescent Mutual
Factors' and Traders'

Caaal

& Banking.

.

.

.

. .

. .

.

.

. .

.

. .

. .

. .

I

.

. .

.

.

.

.

Fire

Prloe nomliial ; no late transactions.

t

&M

. .

5o'

40

Last price this month preceding April 29.

27 14
57

91
971s
3214

92

94%

Sun Mutual

54
20
103

Teutonia

1021a

People's

.

*

27
53
40

.

100

45

§

53
82

Hope.
. .

99
99

320
165
80
225
90
80
7

.

94

7812

Lafayette
Merchants' Mutual
Mechanics' & Traders'
New Orleans Ins. Ass'n
New Orleans Ins. Co

Louis.

BT[ of Commerce

92

1091a IIOI3

Germania
Hibemia

Home

. 1 00
100 106
110 1101.1 Citlz-cns'
Commercial
Third Nat
100
55
100 52
10: I3 103
100
Traders'
97 lOOia Continental
100
Oermania
Nat
12013 121
Fourth
National
..100
"Treraont
>«
94
97
100
HilieruiaNat
144 145
International
95
TInion
100
100
Louisiana
Nat.. .. 100
132 1321a iMeti
Mechanics'
WashlnKtou
100
95 100
opoUtan
105
Merchants',
1« 106
Old
Webster
100 100 103
Mutual Nat
Merchants' Nat .100
9713
New Orleans Nat. 100 109 111 St.
Louis National.lOO
85
Brooklyn.
47
50
People's
Third
130 140 IstateNat
National.
...100
931a
Atlantic (SUtc)...
106
100
120 125
VaUey National... 100 99%
Brooklyn
86
100
|OnionNat
203
First National
90 100
New York.
San Francisco,
Fulton
100 140
240 250
America. .'.
Anglo-California...
CSty National
Bank of California
American Exch'gelOO 116 1-20
Coimuprcial
'98' 106'
230
Bank.& Br'kers A. 100
FirstNat. Gold.... 100
Iiong Mand
Broadway
25 ;225
96 100
Grangers' B'k of C.IOO
]Ianu{acturers'. .
180 185
Butcher8'& Drovers25 110
Merchants' Exch 100
Slecliauics'
160 170
Central National.. 100 118
Nat.Gold Bauk& Tr. Co
Nassau
130 140
Chase National
100 ISlia
Paciflc
Brooklyn Trust..
25 ;iio
Chatham
Wells, Fargo &Co..
Chemical
100 ;i700
Cbarleston.
100 ;200
City
FIRE INSVR'CE
BTc of Clias.(NBA) 100 60
95
Citizens'
25 ;ioo
First Nat. Chas.. .100
ISTOCKS.
85
Commerce
100 140 143
Feople's National. 100
40
Continental
100 110
8. C. Loan & Tr. Co. 100
Baltimore.
7
6
160
Corn E.tchange ...100
Associate Firemen's.
27
26
East River
25 ;95
Cblcaso.
Baltimore Fire Ins.lQ
^5
331a
Eleventh Ward
Commercial Nat. 100 155 165
25
Firemen's Insur'ce. 18
First National
Corn Exch. Nat.. .100
100
Howard Fire
5
5
4
118
Fifth National ....100 140
Fourth National ... 100
Maryland Fire
10
60
50
Fulton
First National
100 210
30 :iOOx
Merchants' Mutual. 50
III3
13
100
Fifth Avenue
Bide and Leatlier.
100 275
National Fire
10
Home National ... 100 75 90 Gallatin National ..50 ;140
Mercliant8' Nat.. .100 200
German American. .75
85
Boston.
Kat. B'k of lUiaois.lOO 117
Germania
100
AUiance
lOO
Horth western Nat 100
Greenwich
25
American F. & M. 100 142 145
Union National. .100 185
Grocers'
30
Boston
100 115 120
Un-Stock Y'ds Nat. 100
Hanover
122
100
Boylston
100 120 120ifl
Importers' & Tr...l00 ;235
Commonwealth. ..100 89
90
Cincinnati.
Irving
50
Dwelling
House.
..100
112 115
First National
195 200
Leather Manult8..100 ;135
Eliot
100 135 138
140
Fourth National
Manhattan
150
50
Faneuil Hall
65
100 60
Oermau Banking Co. 100
Manuf. & Merch't8-20
Firemen's
100 158 163
Merchants' National. 113 115
;ii5
Marine
100
Franklin
80
loO
Kat. Laf & Bk. of Com. 145 150
Market
100 121
Manufacturers'. ..100 120 123
120 125
Second National
Mechanics'
25 144
Mass. Mutual
200 210
100 112 115
Tlilrd National
Mechanics' B. Ass'nSO
73
Mechanics' MutuallOO
85
80
Cleveland.
Mechanics' & Tr.. .25 96
Mercantile F. & M.lOO 141
143
Citizens' S. & L
500 400 414
.Mercantile
100
110
Neptune F. & M...100 120 123
Commercial Nat 100 120 125
Merchants' .'
50 13112
N.Engl'dMut.F&MlOO
First Nat
100 160
Merchants' Exch'ge50 100
North American ..100 115 117
Merchants' Nat. 100 120 122
Metropolitan
100 149
Prescott
100 115 120
KationalCity
125
100
130
Nassau
100 ;90
93
Revere
100
66
65
OhioNat
100 90 100
New York
100 138 145
Shawmut
100 78
80
Second Nat
122
100
125
N. Y. Nat. Exch'gelOO
Shoe & Leather. ..100 127 130
STew York County. 100
Suffolk Mutual... .100
Hartford.
Ninth National.. ..100 110
JEtnaNat
Washington
100 130 132
100 xl37 140
'70 ;ioo
North America
American Nat
50 66
68
North River
50
105
Charter Oak Nat. .100 130 132
Cincinnati,.
Oriental
25
City Nat
Amazon(new stock) 20 76
100 95 100
80
Pacilic
50
i'so'
Connecticut River. .50
Cincinnati
35
40
25 130 135
124J2
Park
100
Far. & Mech. Nat. 100 120
Citizens'
20
85
People's
25
First Nat
Commercial
100 114 116
25 140
Phenix
20 100
Hartford Nat
{Eagle
100 160 165
100 110 115
Republic
100 130
Mercantile Nat
Euterprise
100 134 136
20
95 100
Second National.. IQO
Ifational Exchange. 50
70
Eureka
71
20 110
Seventh Ward
100
Phoenix Nat
Firemen's
100 160
20 130
Shoe & Leather
100 130
State
Germania
100 112 114
20 100 101
St. Nicholas
100 108
Globe
20 95 100
EiOalsTllIe.
Stateof N. Y
100
II7I2 Merchant.?'* Manuf 20
140
Bank of KentuckylOO 131 132% Tradesmen's
40
110
Miami Valley
50 105
Bank of LouisvUlelOO 83
85
Union
50 143
National
100
125
CStizens' National. 100 110
111
Union
20
80
70
City Nat
100 113
Pblladelphla.^
[Washington
20
Commercial of Ky 100
9
B'k of N. America .100 260
Western..
25 130
Falls City TobaccolOO
89
90
Central National.. 100 200
Farmers' of Ky ... 100
90
City National
50
Hartrord, Conn.
Farmers' & Drov. 100
98 100
Commercial Nat
50
60
:.ffitna Fire
100 239 241
First Nat
100 106
Commonwealth Nat 50
31
Atlas Insurance... 100
40
35
Cermau Ins. Co. 's. 100
100
Consolidation Nat.. 30
60
Connecticut
100
130 132
Cerman
loo 100 101
Com Exchange Nat.50 56
Hartford
100 248 2.50
Oennan National. 100 118 120 Eighth Nat
National
100 160 162
Kentucky Nat
100 132
FirstNat
100
Orient
100 125 127
louisv. Banking Co.40 165
Farmers'&Mech.N.lOO 132 135
Phoenix
loO 238 242
Masonic
iQo 106
Girard National
40 76
Steam Boiler
40 60
Merchants' Nat. ..100 110 111
65
Kensington Nat
50 60
Korthem of Ky ...lOO 97
99
Manufacturers' Nat.25
28
London.
People's
100
12
Mechanics' Nat
100 IO214
Commerc'l Union £5
I9I2 201a
Second Nat
lOO ids is
Nat. B'k Commerce. 50
55
Guardian
50 67
Security
69
loo 127 130
Nat. B'k Germant'n 50
Imperial Fire
25 152 154
Third National .... 100 103 104
Nat.B'kN.Llberties 50 125
Lancashire F. & L-.25
Western
7%
S
loo 101 103
Nat. B'k Republic .100
95
London Ass. Corp. 1212 60
West.Finan.Corp. 100
62
100
National Security. 100
Liv. & Lond. &Globe20
17
I714
Penn National
mobile.
50 70
North'nFtre & Life ..5
42
53
People's
Bank of Mobile
100
25
25
North Brit. & Mer. 6I4
49
50
First Nat
Philadelphia Nat. 100 i90'
loo 120
Queen Fire & Life.. .1
3% 3=8
Mat. Commercial.. 100 90 100
Second Nat
100
Royal Insurance
3
24% 25 14
Seventh Nat
100 "75'
90
niontrea].
SixthNat
100
ITIobile.
British N. America...
103 1031a Southwark Nat
50 i20"
Citizens' Mutual. ..100
Commerce
60
65
50 II914 120
Spring Garden
100
Factors'* Trad's' Mut.
Dominion
75
50 120 1221s 22d Ward
50
Mobile Fire Dep't..25
I>u Penple
15
16
50 72
75
Third Nat
100 76
80
Mobile Mutual
Eastern Townshipg.so 99isl06
70
50
55
Union Nat
50 58
Planters' <Ss Merch.Mut
Exchange
35
40
100 40
4714 Western Nat..
50
85
Stonewall
Federal...
100 lOOiallOS
75
80
West Philadelphia. 1 00
Wash'ton

Suffolk

12212'

Ask.

Firemen's

25 21%
100 120

Bank

First

Bid.

Neiv Orleans.

Richmond, Va.
City

Insurance Stocks.

981s

33 14
55

105

Ne-w Tork.
American
50 130
American Exch... 100 98
180
..25
Bowery
25 200
Broadway
Brooklyn
17 175
20 190
Citizens'
70 118
City
100 130
CUnton
30
Columbia
50 110
Commercial
100 175
Continental
40 175
Eagle
100 95
Empire City
30 102
Exchange
50 117
Farragut
17
95
Firemen's

140
102

210
190
198
123
140
90
115

.-

10 107
115
German-.\merican 100 140
Germania
50 137
Globe
50 112
25 250
Greenwich
65
100
Guardian
15 130
Hamilton
50 160
Hanover
50
Hoffman
100 130
Home
55
25
Hope
50 100
Howard
95
Importers' & Trad. .50
100 60
Irving
Jefferson
30 130
Kings Co. (B'klyn) .20 170
40 50
Knickerbocker
Lafayett* (B'klyn) .50 117
100 102
Lamar
25
Lenox
Long Isl'd (B'klyn). 50
25
70
Lorillard
Manuf. ABuilders'lOO 135

100
125
102

Firemen's Trust
Frank.& Eiup'ium

1<X) 100
Manhattan
Mech. & Traders' ... 25 150
(B'klyn)50
160
Mechanics'
50 75
Mercantile
120
50
Merchants'
Montauk (B'klyn).. 50 112
150
50
Nassau (B'klyn)....
3713 100
National
New York City
35 155
N. Y. Equitable
New York Fire.... 100 110
50 140
Niagara
25 100
North River
25 200
Paejflc
100 109
Park
20 180
Peter Cooper
50 105
People's
Phenix (B'klyn) ....50
50
Relief
100
Reiniblic
100 160
Rutgers'

52
50 125
100
102
Star
100
75
ISterling
25
112
jStuyvesant
25 100
[Tradesmen's
25 120
United States
10 100
Westchester
50 200
City..
Williamsburg
St.

Nicholas

Standard

140

75
135
165

90
133
65
100

70

122
106
95
136
80
140
106
160
165
85
130

160
109
65
165

us"
110
114
112
130
85
75
165

83
130
105
80
105
127
110
210

Pblladeli>hla.^
100,
American Fire
50
Association
100
Franklin Fire
.25
Delaware Mutual.
Ins. Co. of N. Am'ca 10

320

B'ire

.

Ins. Co. State of

Pa 200

529
40
33 12

50

33%

Pennsylvania Fire 100
50
38
37
50 122 126
10
2812

Lumbermen's

Spring Garden
United Fireiueu's

. .

Richmond.

25
100
Merchants'&Mech.lOO
City

Granite

& A. Life.lOO
25
Virginia F.
25
Virginia Home
25
Virginia State

Piedm't

&M

—

23
78
99
32I2
26I3
3214

St. Lonis.
32
American Central.. 25
100 102
Citizens'
100
Jefferson
100 103
Marine

San Francisco.

100
100
Firemen's Fund... 100
Home Mutual
State Investment. 100
100
Union
-.
Western
California

Commercial

Quotation per sbaA.

241s

35

34

May

THE CHIIONICLE.

1880. J

1,

The freight earnings show a decrease of $44,716.
Decrease In crude oil freights, 682,164 barrels. .$209,010
Decrease in refined oil freights, 182,483 barrels. 11,150

Itxxrjestmjeuts
A.HD

$216,167

STATE, OlTf AND CORPORATION FINANCES.

Increase in coal frelgbts
Increase in lumber freights
Increase in mlscellaueous freight

THE INVBSTORh' SUPPLEMENT.
The

Investors' Supplement

is

and

Grand Rapids & Indiana Railroad.
the year ending December Slsi, 1879.)
report states that the mileage operated is 460-6
miles, having been increased 11-5 miles by the lease of the

The annual

Southeastern Koad.

The following is a statement of earnings, expenses and net
earnings on main line, 332 miles, Fort Wayne to Petoskey:
,„ „
1879.

_

1878
$699,.557

Freieht

pa«sWrV:;:;;::::;;::::
£xprees
MallsT.............

1

Hlreofcars
TelcKrapU
Interest and rentals
MlBcelianeous

425,882
\7tZA9
17,142
12,685
7.820
15,589
4,712
$1,200,029

Total

$44,71S

steadily increasing development of coal, Inmber and
famace-material traffic is gradually overcoming the loss of tho
crude oil trade, which has, to a great extent, been transferred
to the northern or Bradford region.
The passenger earnings show a decrease of $89,473, which l»
owing wholly to the loss of travel to and from the Parker oil
district, in consequence of the continued developments in the
Bradford region.
The expenses of conducting the business of the company for
the same period were as follows
1879.
1878.
DeoTssse,
Oondncting transportation
$279,624
$288,9 1
99,28»
Motlvcpower
221,189
235,574
14,38»
Maintenance of cars
105,872
90,003
Matitenance of way
307,b02
309,294
1,492

The

{For

EABKINGB.

„

Total decrease

ANNUAL REPORTS.

&

$83,545
29,777
58,127

171,«<>

issued every other month,

the next number will be published Saturday, June 26.

Allegan

463

$795,058
407,829
io,o/»
19,511
14,051
10,463
l^'SSS
6,798

$1,345,134

EXFEKSEg.

:

Total operating expenses
General expenses and taxes
Total expenses

$923,786
70,709

$25,165
1,71»

$983,481

$994,495

$11,014

Increase in maintenance of cars in 1879 over 1878, $15^68.
The net earnings for 1879 were
$761,835
The net earnings for 1878 were
916,72»

1879.

1878.

$914,488
68,992

$153,890

Decrease from 1878

$225,665
187,886
419,664
67,740
57,213

$243,932
212,496
290,694
94,299
71,006

$958,170

$912,488
67-84
$432,645

The gross earplngs were
$895,864
The operating expenses (Including taxes) were 62 85-100 per
oent.
56,053

The gross earnings for the year have increased $144,505, or
12 per cent. Expenses decreased $45,682, or 4-76 per cent. Net
earnings increased $190,187, which is 78-4 per cent.
FUNDED AND FLOATINO DEBT.
At the end of the year there had been issued a total of $987,000 of incomes in exchange for same amount of first mortgage
seven per cent bonds, of which $192,000 were exchanged during
the year. This amount would have been 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
Cincinnati Richmond & Fort Wayne Road, and the total
1878.
deficiency has been $85,006, against $299,520 for
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

The net earnings were
$332,811
The annual interest charge of 7 per cent upon the $4,000,000
first mortgage bonds of the company is
280,000

Conducting transportation
Motive power
Maintouance of way
Mainteuauco of cars
General expenses
Total

79-81
$242,458

Per cent of gross earnings

Ketcamlngs

Kansas City Fort Scott

&

Gnlf.

{For the year ending December Z\, 1879.)

The annual report of the company has the following:

Leaving a surplus of net revenue for the year of
$52,81 X
This surplus, together with other cash assets, has beea
absorbed by payment for new equipment.
The report of twelve months' business of the road is given
for convenience in making comparison. In reality, the present
Kansas City Fort Scott & Gulf Railroad Company has had but
a nine- months' existence, commencing with April 1, 1879. The
net revenue of the land department during the nine months of
1879 was $33,545, and, as none of it was required for pavment of
interest on the first mortgage bonds, this amount lias been
turned over to the trustees in conformity with the terms of the
mortgage, and enough cash advanced to them from the land
receipts of 1880 to enable them to make their first advertisement for the purchase of bonds under the sinking fund provision of the mortgage. As to the bonds and stock of other
$125,054.
The report gives very little information as to the land corporations owned by this company, the market value of these
department and merely says the " land sales have been very securities, January 1, 1880, is conservatively estimated as at
good, although not so large as in 1878. We have sold 30,922 least $400,000, although they appear on the books of the
sold company at the low valuation of $240,005.
acres, including 'lands in common,' for $359,007.
These securities are not covered by the mortgage, and the
$14,181 acres farming lands to 278 purchasers for actual settlement ; average 51 acres to each. Average price per acre of the intention of the board is to reserve them as a fund to provide
total sales to date has been $13 95 an increase in average of for any new equipment needed for the road, and for any other
special expenditure. The estimated cost of additional equip$1 62 since January 1st, 1879."
ment in 1880 for the increasing business of the road, as menGENERAL ACCOUNT, DEC. 31, 1879.
To cost of road, equipment, etc., to Dec. 31, 1879
$11,092,085 tioned in the general manager's report, is $200,000, and byTo amount due by other companies in current account
130,015 applying proceeds of the sale of the above-mentioned securities
To amoflnt due by agents and conductors
21,811
To amount of cash on baud
176,947 to this and kindred purposes, the entire net earnings of the road
To bills receivable
2,431 should be left free for division among its stockholders. Daring
To stock of supplies on band
60,008 the past year 13 3-10 additional miles of steel track were laid.
To loss as ebowu by income account
1,644,380
Eighteen more miles, contracted for last October, will be laid
$13,133,686 in 1880. There have been added to the company's equipment
By capital stock
$2,800,000 150 coal cars, two switching engines and one freight engine.
By funded debt
8,000,000
During the whole of 1879 the land commissioner sold 36,406
By amount due other companies in current account
37,925 acres of
land for $160,733, being an average of $4 40 per acre.
By accounts payable
93,101
By bills payable held by Pennsylvania Co
336,839 Eighty-four town lots were sold for $5,791. The cash receipt*
By coupons held by Pennsylvania Co
137,502 of the land department for twelve months, on sales of lands,
By coupons held by Pennsylvania RR. Co
1,724,668 town lots, contracts, royalties, taxes from deUnquents, and
By coupons matured and not presented
3,648
From April 1 to
Srofits on county orders, were $164,119.
lecember 31 there were sold 32,759 acres of land for $139,678
$13,133,686
Allegheny Talley.
and sixty- four town lots for $4,676.
OENEBAI, BAUkNCB SHEET, DBCEKBEB 31 , 1879.
{For the year ending Bee. 31, 1879.)

We

Credit.
The annnal meeting was held at Pittsburg on April 13th. By common
The annnal report of Mr. John Scott, President, contained the By contractsstock
for preferred stock
following information
By first mortgage 7 i)er cent bonds
By accrued Interest on $4,000,000 bonds from Dec.
INCOME ACCOUNT.
:

Net
Earnings.
$1,234,573

River division

Low Grade

505,252
5,490

division

Sligo branch

Total

The earnings

of the

Expenses.
$707,851
269,543
6,086

$1,745,316
$983,481
for the year 1879

company

earnings.

$526,722
235,709
def. 596

$761,835

Fromcxpress

From
From

mail
rents

Frommiscellaneoua
Total

1879.
$1,300,666
393,021
17,053
21,014
6,798
6,762

$1,745,316

1878,
$1,345,383
482,494
17,512
21,568
11,540
31,722

Decrease.

$1,910,222

$164,905

$44,716
89,473

459
553
4,741

24.959

In

1,

bonds of this

33,545
$10,989,360

Debit.

To

oonstmction aoconnt,
compare with To equipment

those of 1878 as follows:—

Prom freight
From passengers

By bills payable
By coupons due and not presented
By Income land account, for investment
company

$i,000,00O
2,750,000
4,000,000
23,33»
1879.
173.000
9,481

1,599 miles of road, &c

To material on hand
To cash in hands of cashier
To stock of the Kansas City Union Depot Company.
To cash in hands of treasurer
To bills receivable. Boston
To bonds and stocks of other corporations
To miscellaneous balances
To income account

.

$9,976,31»
401,706

49,320
39,601
3,409
5,260
113,20T
240,005
155,1 1«

5,321

$10,989.3«O

THE CHRONKJLE.

464

Great Western of Canada.
{For the half-year ending Jan. 31, 1880.)
The report states that the revenue of the half-year compares
with that of the corresponding period of Jan. 31, 1879, as fol^•'^'^

1880.

1879.

Gross receipts. Including tlic Gait

& Guclph (now

the main line nnd biuucUos). £393,400
Woikhxt expenses, Inclndlug credits to reserve
260,322
funds.
luc(n-|>orat<-d Willi

£133.078
Ixws on working leasofl
debenture stock, ifco

Balance from previous

lines, Interest

on

,

281,952

£179.188

lionds,

;

liiilf-

_, , „
£i61,H0

year

10.1,(i2G

99,977

£28,432
747

£79.211
0,2t)0

£72,951
£29,199
Balance for aivldond
net result of the half-year's working is an improvement
over the eorre-sponding half-year of 1879 of £50,759. From the
available surplus of *72,950 the directors recommend the payment of dividend on the five per cent preference stock for the

The

January 31, 1880, amounting to £25,287, and a
dividend on the ordinary shares for the half-year at the rate of
1^ per cent per annum, vvhich will absorb £45,876, leaving a
balance to be carried forward of £1,786. A comparison of the
gross earnings on the main line and branches (.including the
Gait & Gueli)h) shows the following results
entire year to

:

£4,548

Increase in local passenger earnings
Increase iutlirough passenger earnings
Increase lii local freight earnings
Increase in local live-stock ejirnings
Increase In through freight earnings
Increase in malls, express freight and sundries

6,144
23,873

505
33,950
2,470

£71,492
3,753

Decrease In through Uve-stock eajnlngs

£67,739

tonnage carried during the half-year was 1,041,532,
against 813,954, an increase of 28 per cent in consequence,
however, of the extreme low rates current in the early part of
the half-year, tie average rate received for through freight
business lias not been quite so favorable as in the corresponding
period of 1879. While the gross earnings have increased by
£67,739, the working expenses show an excess of only £21,630
over the corresponding period of the previous year. The percentage of working expenses to gross receipts amounts to 61'14
per cent, as compared with 66"17 per cent, or, excluding transfers to reserve funds in both half-years, the comparison is 61 'SI
per cent, against 64'88. The earnings and working expenses
per train mile for the last six corresponding half-years compare
as follows
Eamlugg
^Working expenses.—.

The

total

;

Half-years ended Jan. 31 —

1875
1876
1877
1878
1879
1880

,

.

.
.
.

.

per train

Per train

Per cent

mile.

mile,

of gross
receipts.

s.

d.

s.

6
5

8^4

4 1134
3III3

74-38
70-99

8I3
313
21a

78-11

7
4 9
5 2Ja.
41114

3
3
3

d.

63-10
64-88
61-21

3 4
5 BJa
The chafes to capital account for the half-year amount to
£16,001. Five per cent perpetual debenture stock has been
placed to the extent of £10,000, leaving on January 31 a balance
at the debit of capital account of £7,93i 6s. lOd. Excluding the Gait & 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 & Milwaukee 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.
.

[Vol.

nna-scertained, yet to be deducted, and it cannot be assumed
that the Receiver has done more than pay his way. But the
property has, in the meantime, been very much improved." * *
" All matters in dispute with the trustees of the Cairo Trust
Property have been happily adjusted by an issue of Receiver's
certificates for $15,000.
This arrangement will relieve the
undertaking from many of its difficulties as to access into the
city of Cairo, which has heretofore been more or less interrupted at certain seasons by overflow. The six locomotives
leased from Baldwin Locomotive Works have been purchased
for $21,000. To pay the cost and for interest and rental due
from the Receiver, certificates for $25,197 were issued. It is a
matti^r for congratulation that this trade was closed before the
recent large advance in prices. The cars leased from the late
Mr. B. Sewall, of Boston, were purchased from him just before
his death, for $19,000, and certificates for $20,486 were issued
to pay the cost thereof, and interest and rental due from the
* * "In addition to the foregoing the Receiver
Receiver."
has purcha-sed new equipment up to the present date to the
extent of 8 locomotives, 34 flat cars (8 wheels), 84 coal cars (8
wheels), 100 coal cars (8 wheels) and 2 coal cars (4 wheels*, in
order to accommodate growing traflic and to meet the demands
of the contract with the Carbondale Coal & Coke Company."
*
*
The Receiver regrets to report that the suits for
recovery of local aid bonds have resulted adversely to the
company. It is to be feared that nothing is to be hoped for

from this source.
KBVENUE ACCOUNT FOR 12 MONTHS ENDING DECEMBER

From a summary of the
we have the following:

Operating expenses—
Csndiutiiig transportation, p.assenger
Conducting transpoi'tation, freight
Mot i ve power

1879.

Gross earnings

Expenses

;,..
...-...•;.;.•;;

$11,831
30,090
52,088
94,2 14
13,539
20,176

Maintenance of way
Maintenance of cars
General expenses

Total ordinar.v expenses
$221,941
Balance, net earnings
$48,917
To extraordinary expenses and other expenditures for 1879—
Extraordinary expenses.
$8,857
Construction and equipment
8,430
Taxes
6,253
PajTuents on account of Cairo & St. Louis KR. Co.,
largely for legal expenses for eases occurring prior
to api)ointment of Receiver
8,013— $31,554
To balance revenue account
17,362

$48,917
Creditor.

Earnings for 1879—
Passenger

$65,352
148,276
40,797
4,066
7,977
4,388

Freight
Coal

Express
Mail
Miscellaneous

$270,858

Total earnings

{F«r the

Honsatonic.
year ending Sept.

30, 1879.)

The annual report, only
ing.
The general account
Common stock old

recently published, gives the followis condensed as follows
$820,000
Preferred stock
1,180,000
Bonds
550,000
Bills payable
148,050
Accounts and balances and October expenses
79,988
Prollt and loss
172,143
.-

Total
Roi,d aud property

StocUbridge

$2,950,182
$2,798,401
5,992
53,128
92,659
$2,950,182

& Pittsfleld Co

Materials,

Cash and receivables

The earnings and expenses were

as follows:

Pass,1ge

Freight and nallk
Mail, express, &c

Total

Expenses
Net earnings

1878-79.

1877-78.

$177,543
397,681
24,435

$175,017
370,421
24,974

$599,060
349,815

$570,413
350,472

$249,844

$219,941

as follows:

$249,844
$10,108
79,564
35,500
12,384—137,557

Interest

sale.

years' operations recently published

$315,942
187,963

1878.

$250,130
197,797

Ket earnings....
$127,939
$5'2,333
The net earnings were enough to pay interest on the bonded
debt of $1,345,000, and leave a moderate surplus. A further
extension is in progress towards Colby on the Wisconsin Central.

3l8T, 1879.

Debtor.

The income account was
Milwaukee Lake Shore & Western.
Net earnings
(For tJie year ending Buember 31, 1879.)
State tax, .Sc
This company was organized in 1875 by the bondholders, who Rents of leased lines
on bonds

bought the read at foreclosure

XXX.

Other

interest,

ic...

$11-2,287

Balance
Dividends on preferred stork, 8 per cent
Surplus

94,400

..'.

Balance at credit of profit and
Balance at

credit, Sept. 30,

loss, Sept. 30, 187c!

$17,887
154,256

$172,143

1879

Boston Water Power 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
{For the year ending December 31«<. 1S79.)
chair.
The Treasurer's report said No better security' for
The report of Mr. H. W. Smithers, the Receiver, supplies the payment of the bonds could be desired than the lands on the
loUowing
Back Bay, which are worth twice the amount of the company's
"The operation of the mad during the past year produced a bonded debt and interest, and are constantly increasing in value
net revenue of $17,362, and, after deducting the deficit of the
and demand. One parcel of land in the full basin has been
preceding year, the profit of the receivership has been— from sold for $250 per foot, or .$400,000. Larger sales on the westerly
Its commencement until the 31st December, 1879—
$4,373. From side are under consideration. The report says that the trustees
Cairo

St. Lonis.

:

:

tJu«,however, there are probably some further charges, at present

do not wish to

sacrifice

any of the property, but suggest that

May

1,

T^E CHRONICLE.

1880. J

large sales during the coming year will render smaller indebtedness at the close of the year. This will advance the value of the
remainderand 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 Ij'ing between Beacon btreet and the railroad. Work has
already commenced, and will be vigorously prosecuted, the
liberal appropriations of
the city government rendering
this
practicajjle.
The city has also done much in
Late in 1879
filling in the park, appropriating .'^120,000.
the trustees accomplwhed a very important work in releasing the underlying mortgages held by the Boston Five
Cents Savings Bank. In June last the city took the deed of an
additional parcel for the park, containing 77,987 feet, which
was paid to the bank for the mortgages. There yet remain
other lands within the park which will bo conveyed to the city.
The event of the greatest importance during the year was the'
settlement in full of all differences between Mr. Matthews and
others. The jjapei's were signed January 22, these parties receiving $200,000 in bonds of the company and $30,000 in cash.
A full and complete release was given of all matters of difference in litigation or otherwise. By this settlement the bonded
debt was fixed at $2,148,000, and limited to that sum by the
cancellation of ,*427,000 of bonds, and an agreement was made
to destroy $225,000 in 1880.
The $30,000'paid in cash is in
addition to the floating debt, and steps should be taken for its
payment. It will be impossible to meet it by sales, and it is
recommended that 3,000 new shares be issued, which the parties to the agreement are ready to take in payment at the rate
of $Vi per share: $5,000,000 can be realized on the company's
property, enabling it to pay its bonds and leave an equity on
the ijresent market for land worth $25 per share. The following financial statement closes the report
ASSETS.

470,785 feet land on Beacon Street and Commonwealtli
Avenue, at $2
$941,570
1,914,H47 feet aroiinil the park ($125)
2,872, 4."0
l,78i>,(i79f(etea8tof Parker Street, tilled (125)
2,237,09S
18,700 feet Northampton Street ($1>
18,000
Laud in Brooklliie
15,000
House on Carltou Street (in hands of trustees)....
3,000

00
00
OO
00
00
00
445 00

Thirty-three shares of stock (^ISJa)
Cash balance, March 31, 1880

3,181

5(i

$6,000,717 5G
LIABILITIES.
First mortgage bonds
Interest unpaid on same to April 1
Cash boifowcd by trustees to pay underlying

$2,148,000 00
670,355 00

mortgage

^ajjout
O.
Wilder & Kstabrook, niortKagcs and interest
Notes payable (due July 21, 1880)
Mortgage on Northampton Street land
Dividend No. 10 (unclaimed), cash
Dividend No. 17 (script, pxyable in land at option of com-

W

.

„Pany)
Taxes

150,000
34,000
33,167
9,000

00
00
17

00
410 00

20.433 00
50,000 00

$3,115,365 17

The cash

receipts during the year

have been $168,701

55,

and the cash expenditures |165,516 99— leaving a balance on
hand of $3,184 56. Officers for the ensuing year were elected
as follows, and the meeting adjourned
William B. Brown,
clerk of corporation
Henry M. Whitney of Brookline, John
:

;

Brown of Boston, William B. Brown of Marblehead, Peter
Butler of Quincy, Francis B. Wallace of New York, William C.
Whitney of New York, Jarvis D. Braman of Boston, (Urectors.

GENERAL INVESTMENT NEWS.

465

to a further 1 per cent on the ordinary stock. In addition to
this, the ordinary stock po8.se8ses the entire reversion to the
Cleveland
Mahoning Road after the termination of the lease.
The revenue of the company is secure beyond the po.s^ibility
of failure. It Is a rent charge upon the best-paying portion of
the Atlantic
Great Western system, and it w a charge which
comes before the prior lien bonds, which are now about par.
At the present time the ordinary shares, carrying a dividend,
secared on a rent-charge, of 2>i per cent, with a certainty of
increasmg to 4 per cent in 1885, can now be purcha-sed at 48.
Persons who
o are in search of a really well-secured and progressive dividend-paying investment would probably find it in
this ordinary stock of the ' Atlantic First Leased Lines Rental
Trust ( Limited).'

&

&

m

Chicajiro Rock Island & Paclllc—The Chicago Rock Island
Pacific has been operating the Chicago
Southwestern Road
from Atchison Junction to Atchi.son for some rears past, bat
lately it has purchased the road outright, an(i new owns the
entire line from Chicago to Atchison. Tlie St. Lonis Olobe-

&

&

Democrat says "The managers of the Rock Island are how at
Atchison to find a suitable location for extensive shops at that
As long as the Rock Island did not own that property
point.
it did not care to make extensive improvements at its western
terminus, because the Southwestern branch might have slipped
sooner or later from its grasp; but now it means to make extensive improvements on the line, and place it in as good and substantial condition as its other lines.
Negotiations are now pending between the managers of the Rock Island and Atchison
Topeka & Santa Fe to run trains from Chicago through to
Topeka.
:

Chicago St. Lonis & New Orleans.— Mr. Moore, one of the
engineers of the Illinois Central Railroad Company, is making a
survey from Jackson, Tennessee, to the Tennessee River, a mstance of about 45 miles. The new line is to pass through Lexington, and wHl be put under contract as soon as the survey is
completed.

—

Chicago & Tomah. This road has been sold to the Chicago
Northwestern Company. It is a narrow-gauge road, extending from Woodman, Wis., to Lancaster, 31 miles, with a branch
from Dankloff Junction to Montpont, 14 miles. An extension
about eight miles, which is all graded, will carry this branch to
McCormac, the terminus of the Galena & Wisconsin, which also
has been bought by the Northwestern.

&

—

Cincinnati Hamilton & Dayton. An exchange says that
an understanding has been effected with regard to the
future management of the Cincinnati Hamilton & Dayton
Railroad, in connection with the Cleveland Columbus Cincinnati & Indianapolis. It is, that at the coming election for Cincinnati Hamilton & Dayton directors, the C. C. C. & I. Company
shall name three and C. H. & D. nine.
The president shall be
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
by some heavy stockholders of the C. H. & D., and thus have
control. One saving of $90,000 a year will be made by surrendering the lease of the Cincinnati & Baltimore track, and of the
Cincinnati Indianapolis St. Louis
Chicago track, and running
trains of the Dayton short line in on the C. H. & D. track from

&

Ludlow Grove.

—

Cincinnati. The sinking fund trustees offer for sale $1,350,000 consolidated sinking fund coupon or registered five per cent
bonds, 30-50 years, to bear date July 1st, 1880. Sealed proposals will be received until May 16th, proximo.

—

Atlantic & Great Western.— The London Rnlway News
gives the following editorial comments on the Atlantic & Great
Western First Leased Lines Rental Trust (Limited) " A scheme
of reorganization of what has hitherto been known as ' The
Leased Lines Rental Trust, 1872,' has been completed by the
formation of a. limited liability company with the above" title.
There are some advantages resulting from this change which
do not appear to be very generally appreciated. The Trust, as
originally formed, consisted of £1,100,000 bonds, bearing 7 per
cent interest, secured npon the rent payable by the Atlantic &
Great Western in respect of the Cleveland & Mahoning Railway's portion of that system. The coupons thus secured have
been duly paid up to July, 1876. Consequent upon the reorganization of the Atlantic & Great Western Company, it has
been deemed desirable to enter into new leases, and the rentals
to be paid under these are to be collected and distributed by
the company which has recently been formed. The rent to be
paid for the six years ending 1884 is £55,000, after which it is
to be increased to £66,000. The bonds of the original Trust at
resent outstanding amount to £1,074,000. The new company
E
as been formed with a nominal capital of £1,611,000, which
consists of £805,500 of debentures and an equal amount of
ordinary stock. In exchange for each bond of $1,000, or £200,
the holder has received £150 of debentures and £150 of ordinary stock. The debentures bear 4 per cent interest. Tlie
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
cent.
With the increase to £66,000, the revenue will be sufficient to give 4 per cent to the ordinary as well as to the debentures. There are some other sources of revenue which will
also come in aid of the dividends on the ordinary stock. Among
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
the Cleveland & Mahoning Company, and which would be equal
:

I

Connecticut Western. The Treasurer of Connecticut, as
has taken possession of this road, on the petition of
persons holding $1,289,000 worth of the bonds of the road,
being more than one-third of the total amount of bonds. The
treasurer will probably take steps for foreclosure.
trustee,

—

Dallas & Wicliita. An injunction restraining the sale of
the Dallas & Wichita Railway under a decree of foreclosure has
been granted in the Federal court in Texas, and the motion to
EeiMpetuate the same will be heard at the June term. The sale
acibeen fixed for Tuesday next.

—

Georgia State Bonds. The State Treasurer of Georgia has
issued a notice to holders of 4 per cent bonds of the State that
will redeem $250,000 of them at par, upon presentation at
the State Treasury, or at the National Park Bank in this city.
Of this the Macon (Ga.) Telegraph and Neica says
" It seems that Mr. Konfroe. tlnding that tlie assets in ready money of
tlie State would exceed l>v at Irast $J50,000 tlif sums whioli hud lieen
appropriated l)y tlic Legislature, iu a note to tlie Goveruur said
"
1 am oloarly of tho opinion tliat this large sum ejtu be used under
section 958 of tlic code to great advanttige. All the 4 per cent bonds
now outstanding can at oiv>c be redeemed at par, and, iierhiips, some
bearingalarger rate of interest than tliat. Tho prompt redemption of
tho 4 per cents will save the State if6,000 per unnnui until tfieir maturity, flvo years henep, thus saving to the St«te $30,000.'
'•
In accordance with this suggestion, Governor Colquitt issued the following notice
"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
aud such other valid bonds of the State not duo as can be redeemed at
he

:

:

'

par."

Kansas City Fort Scott

&

Gulf.

—This

railroad

companv

offers to its stockholders rights to subscribe for $500 of stock

and a $1,000 bond for $1,000, $50 shares having the right to a
subscription. The branch coiporations, 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
as are paid on Fort Scott common bonds, are thus described in
the circular

THE CHRONICLE.

466

a
m«it Riinrt Creek &. Jopliu Railroad Company, owniug
K,m.. to Joplin. Mo.. Its length
^r'i^?fr°o'^."*xt«r
''^•'"""
;
hpltie ir>i" nillca. and coetlnjK
•.••i";,Railroad Company
Becond -Meiupl.lfl Kansas & Colorado
Cherokee
(San-ow piuge). owning a completed roa.! from City, six
at Wier
e^t to tl c coal mines ai.d ^tne works
26
and from Cherokee west to the city of P'«-«">?'
iJllefl
to extend from
miles, and which it Is farther proposed
Ijiwrence &
Parsons west to the line of tho Kansas City
cost,
Southern Road, 12 mUes. Tho whole 41 miles to
^^^^^

VlU

$5,000,000
Capital stock, par value $100 per share (nonassessable)
49,()fl."> shares issued to James Boyce in payment for property conveyed to compiiny, and tlvc shares paid for in cash.
$150,000
Money expended in surface improvements
Money expended in underground imiirovcments, exclusive of
14,300
laborers
and
miners
payments to
Capacity of milling, mining and other machinery, 450,000 tons per

;

ThM'-Fo?"W™t

t"

Southeastern' *'

Memphis Raliway Com-

terranv (extension) proi^sesto build from the southern
SpringSiinus of its road southeasterly, in the direction of
• V.""',;™;
field, Mo., 39 miles, at a coHtof
under the name
And fourth.— A coriwnition to be organized
purpose of conof Rich Hill RaUrand Company, for the
Uty iort
Kansas
the
on
structing a roiid from a point
to the
Scott & GiUf Road, neai- Vloasonton, Mo., easterly
dUtance
a
Mo.,
counties,
coal flelds of Bates and Vernon
:
of 27'4 miles, at an estimated cost of

v-i

ToI^.-T::.
Kansas City St. Jo.
cular has been issued :

*»">""

.

.

. .

.

annum.

, _ ^^_
$13,000
2-000

^

Rolling stock, cars and locomotives

Livestock

......
..............
— ,ouu
in treasury
.?Z'?J}?
d7,ayi>
Set aside for improvements
Additional working capital to be paid into Treasury ou or before April 20, 1880, by stockholders of comj^any under con50,000tract

Tools

Cash

—

Principal ofiices American Building, Baltimore, Md.,
111 Broadway, New York City.
Transfer office— 111 Broadway, New York City.
?'

'

..

.$1,325,000

&

XXX.

[Vol.

Council Blul&.-Tlie foUowing

cir-

., , „
, oca
20 Sears BoiLmno. Boston. April 17, is*'"the K/"'8n»
TTnldnra of a maloritT of the income bonds and stock of decided to
Company have
St Joseph & Council Bluffs Railroad
for the sale of their
accent what they consider an adv.-vntageous ofler of such shares a„d
holde"
other
the
that
?^cuSties with the agreement
before August x.
bonds may dispose of the same upon the same terms

aw

and

Registrar—Union Trust Company.
Officers— President, John White, of New York Treasurer,.
James Boyce, of Baltimore ; Secretary, James Boyce, of New
;

York.
Directors—James R. Keene, "Wm. C. Kimball, James Boyce,
Isaac Prince, J. A. Sprigg, John White.

Memphis &

Little Bock.

—

It

has been a matter of doubt for

what parties would obtain the control
of this road. We are now informed, from reliable authority^
the
stock
«'
the
^'SS. prcS'r\^jrs'?"7aV $72 50 per share for
that the St. Louis Iron Mountain & Southern Railway Companr
oflf the prize, which will be another step towardsVrV^e-^r k* STrL"!^^^^^^^^^ Hat for income bonds of the have carried
them a monopoly of the traffic of the State of Arkansas,
cent
fiving
^aUey KaUroad CV>mpan es, and 90 per
pur
Company--the
he audited net earnings of the Little Rock Road for the five
Kansis City St. Joseph & Council B'",ff%Kailroad
17, 1880, to pay in
The obchaser to have the option for three weeks ftom April
Burlington & Qmncy months, November to March, inclusive, are $174,749.
cash for the above-named securities, or in Chicago
Interest is ligatory interest charges for the ensuing two years are only
Railroad Company's stock at .*125 per share. If cash '8.Pa"l.
May
1,
frem
$128,000 per annum and after 1882 the obligatory interest rises
in be added at G per cent per annum on the purchase price
& Qumcy
handsome surplus in net
1880, to date of 'payment. If paid in Chicago Burlington
soon as may be to $225,500, which should leave a
lUiilroad Company's stock, the stock is to bo delivered as
without allowing for the natural growth of traffic.
bonds of the
iner the election is made to pay in stock. The mortgage to remain as earnings
The road is now reported in good order. We understand that
Kansiw City St. Joseph & CouScil Bluffs Railroad Company
Nodaway VaUey and the credit of securing this road for the Iron Mountain is
thevTiw are, and the mortgage bonds of theoriginally
proposed m
Tarklo Valley railroad companies to be issued as
mainly due to Mes.srs. Levy & Borg, bankers, who succeeded in
offering the same to the subscribers.

some time past as

to

ws

the circular

^^^^^^^ mbriuxm.

getting $1,400,000 of the stock.

a
lalie Ontario Soutliern.—This Company has recorded
for
trust deed to the Union Trust Company of New York
per annum, for
f 3,300,000 of coupon bonds at 6 per cent, gold,
the purpose of completing and equipping the road.
Local Indebtedness of Ohio.—The Cleveland Leader of April
24 says " The State debt of Ohio has never been very oppressive, but the local indebtedness has increased with portentious
In 1872, the first year in
rapidity during the last decade.
which returns of local indebtedness were made under the act of
May 2, 1871, the entire local debts of the State amounted to
but $17,000,000 in round numbers. Of this, the debts of cities
of the first and second cla.sses footed up to $11,495,591, and the
debts of counties to about |4,500,000. In 1872 and 1873 we
were in the high tide of business prosperity, and our growing
cities, like those of other States, rushed headlong into local
improvement regardless of expense. From 1872 to 1876 inclusive the indebtedness of cities of the first and second classes
increased several million dollars annually, and the reports for
the latter year show the aggregate to have reached $30,518,503.
The last report, made in 1879, gave a total of local indebtedness
:

New

Orleans City Bonds.— At

New

Orleans, April 27,

Judge

Billings, of the United States Circuit Court, granted an injunction restraining the City Council from modifying the budget
so as to strike out the $300,000 set aside in the December
budget for redeeming premium bonds and paying the interest
on them ; also from refusing premium bonds drawn in payment

of all dues.
—The Publie says editorially

:

"

New

.

Orleans

is

in difflcultjy.

The rapid and sudden fall in the price of its premium bonds,
which had been growing in favor for some months prior to the
adjournment of the Legislature, gave warning that there was
some serious mischief afoot, and the explanation now appears
in the New Orleans journals. The Legislature, it is stated,
passed an act prohibiting the city from collecting during the
year 1880 a tax of more than ten mills for any purpose whatever. But the premium bond act of 1876 obliged the city to

in cities of $36,036,069. In the incorporated villages the indebtedness yearly increased about $300,000 from 1872 to 1879, while
the debts of townships during the same period fell from $447,238 to $161,321. This moderation, however, only prevailed in
the small villages and townships of the State. In the largest
cities debts were accumulated with such supreme indifference
that the total local indebtedness of the State in 1879 amounted
to 141,490,574. The great bulk of this increase was in the
large cities, chiefly in Cincinnati, where the Southern Railroad
was built, involving an expenditure of about $17,000,000 in round
numbers. The construction of this road by bonds issued by the
city of Cincinnati was the first great step taken on the road to
municipal indebtedness. Before that tlie Legislature seldom
granted to a municipality the power to tax itself to construct a
railroad. But the Cincinnati Southern opened the way, and
lobbies thronged the State Capital at every session, asking
authority to levy special taxes for some local purpose. The
session which just closed passed a number of such bills. The
first was to enable Lima, Ohio, to levy a tax and issue bonds to
build machine shops. Then the Cincinnati Southern appeared
in the Legislature again, asking permission to levy a tax of
1300,000 for terminal facilities. This petition was granted, and
and was immediately followed by a grist of bills enabling cities
and villages «to levy a tax to build a railroad and leaseor operate
the same.' In nearly every bill an amendment was incorporated requiring that the question be submitted to a vote of
the people, and that no tax should be levied unless two-thirds
of the people favored it. It now rests with the people to
determine whether they will tax themselves or not. It is to be
hoped that many of the propositions will be voted down."

levy a tax of fifteen mills, of which five mills were to be applied
to the interest and the ultimate redemption of the bonded debt.
Such a tax was devised by the city councU in December, in the
assumption that its right to do so would not be disturbed or
questioned, the constitutional limitation not having taken
But the council now declares that ten mills barely
effect.
suffice to carry on the city government, and that a revision of
the budget will be made in compliance with the ten-mill act,
leaving the public creditors without any provision whatever for
interest or redemption. The correctness of this interpretation
of the new act is disputed, and is to be tested in the courts.
Some assert that the Legislature must have intended to limit
only the tax in excess of that required by the contracts with
public creditors, and that a tax of ten mills besides the interest
and redemption tax of five mills can lawfully and should be
But it is commonly believed that the council will
levied.
adhere to its position, and will refuse to levy a tax of more
than ten mills in all, with the excuse that payment of a larger
tax would be likely to be resisted in the courts, at least for a
time successfully, by the taxpayers."
N. 0. Mobile & Texas.— At New Orieans, La.. April 24, the
Orleans Mobile & Texas Railroad was sold by the master
in chancery, and purchased for account of the committee of tho
bondholders, Louis Von Hoffman, George Bliss and Oliver

New

Ames, for $4,000,000.

Port Royal & Augusta.— The following statement is made
months from Sept. 1, 1879, to JIarch 1, 1880

for the six

Passage
Freight

Other sourocs
Total

:

1879-80.
$2.S238
142,281
20,820

1877-78.
$20,092
106.905
12,094

$188,340

$139,091

Increase.

P.

o.

$5,146
35,375
8,726

25.6
33.1
66.7

$49,248

35.4

Quicksilver Mining Co.— A decision favorable to the present
Louisville New Albany & Chicago.— The Louisville New Alowners of the preferred stock of the Quicksilver Mining Combany & 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 imadministratrix, against the Quieksilver Mining Company and
provements include relaying and straightening a portion of the
others. The I'ribune reports "The most important decision was
track, new passenger coaches, locomotives, and other needed
that of the Court of Appeals, holding that the stock was prop-

•

:

Tolling stock.

Maryland Union Coal Company.— The Stock Exchange
has admitted the securities of this company, which was organized for the purpose of mining, transportation and sale of
Incorporated under the laws of the State of Maryland
(by special charter) January, 1868 ; amended 1872.

coal.

erly issued. The decision of the referee, more recently rendered, held that the preferred stockholders were entitled to
their dividends for all the years that such dividends had been
retained, and that their claims took precedence of the bonded
indebtedness. The entire dividends amounted to more than 60per cent. The present suit was brought by the representativeB-

Mat

1,

THE CHRONIC !LR

1880.]

467
3

of one of the original stockholders who had disposed of his
It was claimed that the plaintiff was entitled to the divistock.
dends which occurred up to the time of the sale. The defendants demurred to the complaint, contending that each stockholder, when he sold his stock, relinquished all claim to dividends by not especiallv reserving them, and that no present
stockholders were 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 transferred after the declaration of a dividend, nor is it analogeus to
those cases where the contract itself is ef^nivalent 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 a-ssets of
the company, and the setting apart of tlie required amount.
A severance is thus effected, and the right to share in the
Amount thus set apart vests. Bat here there was no such setting apart ; in fact no act of the company, and consequently no
severance.
The right to demand the interest may have
a,ttached, but only as an incident and in the sense to which we
have referred, farther, there cannot be the slightest doubt as
to the intentions of the parties where, as here, an unconditional transfer of the preferred stock has been made. No one
would probably be more surprised than the transferrer to
learn that he had reserved these semi-annual interest payExpression should be given to this intention as
ments.
evidenced by the instrument whereby the transfer was effected.
Here there was no reservation upon the face of the instrument,
and certainly there was no such reservation dehort. The conclusion is irresistible, both from the certificate Itself, the nature
of the original transaction, and the understanding as to subsequent transfers. The interest in question has never been
detached or severed in any manner. It therefore, under all
the special circumstances of this particular case, passed to the
present holders as an incident to the shares. There must be
judgment for the defendants on the demurrer, with costs'."

—

Qulncy Missouri & Pacific. The election of directors was
held April 28. The road will be turned over to the Wabash
Company in about one month, when it will be completed to
Messrs. Solon
Milan. The following directors were elected
Humphreys of New York, Charles Ridgely of Springfield and
Frank Ferris of Quincy, representing the Wabash Company;
Henry Root, C. H. Bull, Amos Greene, J. F. Sawyer, W. b.
Larkworthy, Eisher E. M. Miller, and John Wheeler, all of
:

-Quincy.

—

Sarannah & Memphis. By order of the committee named in
the agreement of the bondholders, dated January 10, 1878, a
meeting of the subscribers to said agreement will be held at
room 4, No. 49 Nassau Street, New York, on the 28th day of
April, 1880, at noon.

—

Southern Minnesota. Notice is given to holders of Farmers'
Loan & Trust Company certificates for construction bonds of
the Southern Minnesota Railroad Company that the six per cent
coupon bonds of the Chicago Milwaukee & St. Paul Railway
Company, issued in exchange therefor, will be ready for delivery
on 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.
Tennessee State Railroad Bonds. Argument in the test
case on the lien of the bonds issued by the State of Tennessee
on the railroads built in part by the proceeds of those bonds,
•was begun in the United States Circuit Court in NashvUle,
April 27.
Township Bonds. The Missouri Republican, reviewing the
United States Supreme Court decisions, recently said
an
editorial that the third decision by the United States Supreme
Court on the subject of Missouri township bonds, somewhat impatiently awaited for two years, was rendered in a case taken up
from Pike County, and it affirms the Court's second decision, holding that township bonds are valid and binding, and must be paid.
All the township railroad bonds in the State of Missouri were
issued under the " Township Aid Act," authorizing such issues.
This act appeared to be in violation of the State constitution,
and in the Mount Pleasant (Bates County) case, which
went up to the United States Supreme Court, about five years
ago, it was so declared. The holders of township bonds, not
satisfied with this, took up another ca.se from Cass County, and
asked for a rehearing. It was granted, and on the second
trial the Court reversed its Bates County decision, and declared
that the "Township Aid Act" was not invalid, fortifying its new
•decision with what it claimed were the rulings of the State Supreme Court on the same question. Subsequently, the State
Supreme Court positively denied that its rulings possessed
such a meaning, and, in a case brought bafore it, decided plainly
and emphatically that the "Township Aid Act" wai unconstitutional. As the United States Court has avowed the rule of being
g:ovemed by the decisions of a State Supreme Court on all questions arising under its constitution, a third case, that of Cuivre
Township, from Pike County, was taken up, in the expectation
that the United States Supreme Court would adopt the last decision made by the Supreme Court of the State and thus put the
question at rest forever. But the United States Court declined to
do this. It recognizes its general obligation to follow the constitutional decisions of the Missouri Supreme Court, but declares

—

—

m

that the rights of parties in the present litigation are to
be determined by the law as it was judicially construed
by the State Court at the time when the bonds in question were
§ut on the market. " At that time," say the Court, " the State
upreme Court held, and had repeatedly held, that the 'Township Aid Act' was constitutional. It now thinks that act is un-

constitutional. This Court is of the opinion that it is not bound
to adopt the latest ruling of the Supreme Court of Missouri, if,

by such adoption, the rights which have become reeled nnder
an earlier ruling are to b« injuriously affected."

—

Valley, of Ohio. At the recent annual meeting the following
statement was submitted for the year ending March 81:
from caplUiI xtock
sale of tirst mortgage

RcK(!li>t«

From

"

bonds

MlDceUaQCOus.
Totftl

98,364
1,016,206
6,3«0

91,030,031

Paid on road and equipment

9749,991
2,689
226,867
Sl,482

Supiillea
KIontliiK debt paid
('aaU aud receivables

91,030,931

The road

is

now

in operation

from Cleveland to Canton, 58

miles.

—

The Maverick National Bank of Boston, whose card will be
found on the first page of the Chkonicle, has been one of the
most prominent of Eastern institutions in the large operations
attending the funding of Government bonds. Or the regnlar
business of this bank the Boston Olobe remarks " One strong
feature of the conservative management of the Maverick is
shown by the fact that the larger part of its business has been
the loaning of money on solid securities and discounting for
out-of-town banks, taking business paper endorsed by the
banks.
The wisdom and success of this policy' has been
particularly demonstrated during the five or sir years of
the late depression, which thoroughly tested all business mlea
and the strong or weak points of all financial institutions. During this trying period the surplus of the Maverick has increased
from a little over $100,000 to more than its present capital, and
the stock has risen from $120 to $200 per share."
One of the most conservative and at the same time most promising of railroad enterprises, among th'ase on a moderate scale, is
the Houston East & West Texas Rll. The road runs in a northeasterly direction from Houston, and has already over 60 milea
in operation, on which the earnings are $8,500 per month and
the operating expenses only 30 per cent of gross earnings. The
authorized issue of 20-year 7 per cent gold bonds on this narrow
gauge road is only $7,000 per mile, and much less than the f uU
amount has yet been issued, as the surplus net earnings build
about 25 miles per year. Mr. A. E. Hachfield, 17 Nas.sau Street,
has a limited amount of these bonds for sale, and will give fuU
information in regard to the enterprise.
—The firm of Sand Brothers & Co., bankers and brokers, of
54 Wall Street, have the following partners, viz.: Mr. Theodore
V. Sand, late of Sand, Hamilton & Co., Mr. Max E. Sand, for
the past ten years well known in the tea bnsine&s, and Mr.
Edward A. Petit, a member of the New I'ork Stock Exchange.
The members of this house have a high standing both in business and social circles, and have every prospect of a large and
growing business.
We present in our advertising columns of this issue the statement of several of our most prominent and strongest national
banks, among which will be found the names of the Metropolitan.
American Exchange, Continental, Bank of New Y'ork and Third
National Bank. These institutions are, as a rule, increasing their
gold reserves, and the better business of the present year
will enable them, we believe, to increase their dividends.
Messrs. J. H. Latham & Co., 52 William Street.^are offering
to investors a limited amount of the Cook County (Illinois) 4^
per cent twenty-year bonds. These bonds are Lssued in place
of seven per cent bonds, which are falling due. The success of
the negotiation of the five per cent bonds last year now selling
at 106— indicates the high credit of the county, and bespeaks
an early sale of the bonds offered.
Special attention is called to the card of Mr. Robert Murdoch, commission merchant, found in another column. This
well-known house makes advances on consignments of cotton
for sale in New York or Liverpool, and pays especial attention
to thepurchase of future contracts in Liverpool as well as in
:

—

—

—

—

—

New York.
—The London & Lancashire Fire Insurance Company, of which
Mr. James Yereance is the able manager in this city, now
occupy their new and beautiful oflices, comer Pine and William Streets, where parties desiring insurance in a first-class
foreign company will hereafter find them.
—Messrs. J. & J. Stuart, the old and conservative banking
house of 38 Nassau Street, will move on the 1st of May to the
more accessible and convenient offices in the basement of the

same building.
is called to the list of coupons paid on or after
at the office of Messrs. Jesup, Paton & Co. This list, as
Alton and other importwill be seen, includes the Chicago
ant roads.
—Messrs. Lloyd & McKean, bankers and brokers, now occupy
oflices at No. 34 Wall Street, where their manjr friends will find
ample conveniences for the transaction of busmess.

—Attention

May 1

&

—The National Bank of the Republic will hereafter occupy
the premises No. 33 Nassau Street, untO their new building,
comer Wall Street and Broadway, is completed.
^The patrons of Messrs. Coleman Benedict & Co. will now
find them in their new offices at No. 24 Broad Street.

—
—^Messrs. A. M. Kidder & Co. move on

offices at

No. 18 Wall

Street.

Saturday to their new

THE (CHRONICLE.

468

OO T T O N.

gimcs.

3?lte C!l^0mittci*tial

Friday. P. M., April 30, 1880.
Crop, as indicated by our telegrams
from the South to-night, is given below. For the week ending
this evening (April 30), the total receipts have reached 30,838
bales, against 3(i,714 bales last week, 88,910 bales the previous
week, and 37,^23 bales three weeks since, making the total

The Movement of the

COMMERCIAL EPITOMK.
Feidat Nioht. April 30, 1880.
without new features. The falling off in
demand is chiefly felt by jobbers. Importers and commission
generally
houses are not carrying large stocks. The weather is
have
favorable to spring business, but the South and AVest
General trade

LVol XXX.

is

considcontinued to suffer from violent tornadoes, devastating
appeals
erable districts. The damage has been so serious that
are
are published soliciting aid for the sufferers. Hail storms
reported at the South which it is feared must have done injury

receipts since the 1st of September, 1879, 4,038,8i;7 biile^, against
4,317,007 bales tor the same period of 18TS-9, showing an increase
since September 1, 1879, of .S21,8G0 bales. The details of the
receipts for this week (as per telegraph) and for the corresponding
weeks of four previous years are as follows:

Receipts this w'k at

12,449

Orleans
Mobile
Charleston
Port Royal, &c

become quieter and easy.
The market for provisions, after
erally

good movement,

closes dull

variations, with a gen-

and without features

of inter-

To-day, old mess pork on the spot, $10 50 ; new, $11 ; new
and for August at
at $10 85 ; for June at $10 95
$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 spot at 7-37>^c.; for future delivery May
7
8oldat7-3.')c.; June, 7-40c ; July, 7-45c.; August, 'SOc.; seller
at 7-70c.
.sold
the
Continent
refined
to
the year, 7-32><2@7'30c.;
Bacon is quiet here at 7c. for long and short clear together.

est.

for

May sold

;

;

Butter has been weak and dull ; tallow dull at 6@6 l-16c.
Cheese has also declined somewhat. The following is a comparative summary of aggregate exports, from November 1 to
April 24, showing a recent increase in the exports of lard.
1879-80.

Pork
Bacou

lbs. 35,019,000
lbs. 413,67-1,428

Lai-d

lbB.197,2!l5,481

lbs.646,0 18,912

Total.

187S-79.

Increase.

-lO.aOti.lOO

471,U9^,(>30
181,375,838j

Decrease.
5,857,400
58,018,22'2

Indianola,

&c

Tennessee, &o
Florida
North Carolina
Norfolk

&o

City Point,

week

Total this

12,919,616

63,875,622

30,85

. .

8,9Si!

999

2,003
1,492

1,744
15
7,712

231

733
086

2,578
4,002

7
2,209

2,003

1,49

12'

211

299

893

572

17
888

3,800
1,399

2,932

2,661

2,785

091

98

206

22,283

31,196

16,560

28,002

37

Total since Sept. I.]4,038,8e7 4,317,007 4,113,803 3,839,C30'3,nil,336

exports for the week ending this evening reach a total of
bales, of which 59,721 were to Great Britain, 3,005 to
France, and 0,.W2 to rest of the Continent, while the stocks as
made un 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.

The

73,331

EXPORTED TO—

Week
ending

Great

Franco.

April 30. Britain.

12,919,(516

696,974,888

2,979
1,004
85
4,991
121

6,477

2,013
63

390
1,149
2,702
G
0,515
2
11
3,793
15

1876.

1877.

10,893
3,032
1.222

741

2,510

Galveston

many

1878.

5,195
1,066

1,10'

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, bat has Savannah
to the crops.

1879.

1880.

New

N. Ori'ns

23,175

Mobile..

....

489

this

Same
Week

Week.

1879.

Total

Continent.

26,779

3,115

STOCK.
1880.

30,631

1879.

111,748
34,797
7,698
18,115, 9,879
1,151 16,245 13,422
29,709 14,827
3,474 250,296 174,542
13,211
9,665
7,218 40,000 27,000

....

196,.'i01

Rio coffee, with favorable news from Rio Janeiro, has latterly
E8,169
2,705
been more active at an advance to 14Mc. for fair cargoes mild Savan'h.
1.359
1.5,577
Galv't'n4,218
grades have been firm during the last few days, though early
8
2,323
N. York.
18,977
21,308
in the week prices were depressed, especially for Laguayra ; Norfolk....
5,185
5,185
recent large receipts of this description made holders at one Other*..
time anxious to realize, but sales of over 9,000 bags have Tot. this
steadied the market, and all grades have latterly sympathized
59,724
3,005
9,502
week..
72,231
42,507 598,877i368,781
with Rio the prospective receipts of Maracaibo are reported
Totsinoe
heavy,
but
the
close
is
steady
at
to be
13@17c., after sales during the past week of 3,500 bags. Rice has been quiet at rather Sept. 1.. 2110,468 326.979 742,87313180,320 3162.791
*The exports thia week under the head of " other Dorts" include, from Balea.sier prices. Molasses has been in fair demand for grocery grades
2,534 bales to Liverpool; from Boston, l,43fj bales to Liverpool: aud
and boiling stock has sold moderately; prices for foreign have timore,
irom Philadelphia, 1,165 bales to Liverpool.
ruled slightly easier. Raw. sugar has been quiet, but about
From the foregoing statement It will be seen that, compared
steady at 7%@7Mc. for fair to good refining but there has with the corresponding week of last season, there is an increase
been some business in cargoes to arrive, taken at " cost and in the exports this week of 29,724 bales, while the stocks to-night
freight" rates, including, it is reported, 1.000 tons Blanila at are 230,096 bales more than they were at this time a year ago.
refined has sold fairly at unchanged prices. The fol17s. 9d.
In addition to above exports, our telegrams to-night also give
lowing shows the movement in raw here
as the following amounts of cotton on shipboard, not cleared, at
Hhde.
Bo.fes.
Bass. Melado.
We add also similar figures for New York,
the ports named.
Receipts since April 1, 1880
83,634
10,370
218,543
1,723 which are prepared for our special use by Messrs. Carey, Yale &
Saleasiuce April I, 1880
41,600
4,304
211,815
2,779
Stock April 28, 1880
81,760
0,301
686,399
2,429 Lambert. 60 Beaver street
10,677
2,705

2,508

Charl't'n

;

;

;

;

:

Stock April 30, 1879

The demand

40,817

26,414

0S3,360

2,101'

On

Kentucky tobacco has continued fairly
APRIL 30, ATactive, 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, however lugs NewOrleana
still quoted at 4@5J6c., and leaf 6@12c.
There has been rather
more doing in seed leaf, but the movement still lacks activity. Charleston
The sales for the week are 1,156 cases, as follows 500 cases Savannah
Galveston
1878 crop, Pennsylvania, 12c. to 22c.; 92 cases, 1877 crop, Penn- New York
for

Britain.

and sales are
to the extent of 600 liales Havana
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 ;'t)rovisioBs,
27s 6d
@35s.; beef, 5s.@5s. 6d.; cotton, by sail, %d'; grain to London!
by steajn. 4Md., 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 elevating; refined
petroleum to
the Contment, 2s. 9d.; do. to Trieste quoted at 3s. 9d
Naval stores have been quiet but firm at $1 37^@$1 42^6
^o^""^: '*P'''"» turpentine closed
?'Qoi*A'Jfo'^*°#°.''*^,*'*''*''''*^
at32^@33c.
Petroleum was again dull and wholly nominal
at 7^c. for refined, in bbls.; United certificates
have latteriy
advanced with a better speculation, closing to-day
at 73%c.,
after selling at 75e. Metals have continued on their
downward
course. Business is very limited, and the whole
market apscale,
at 85c. @$1 15.

;

pears demoralized. Ingot copper remains quiet
at 20%(a21c
for Lake. Wool has latterly shown more steadiness,
in sv^npathy with strong foreign advices and the reduced stocks
at the
several distributing centres in the east, though
the movement
"^o"!IS stiU

unimportant.

Other ports
Total....

Other

Coast-

Foreisn

wise.

5,544
3,350
None.
None.

None.
8.575
19,700
6,000

918
None.
None.

5,500
2,000
3,800
4.200
None.
5,200
None.

75,029

9,812

20,760

500

:

Spanish tobacco has been on a more liberal

France.

34,254
6,000

;

sylvania, private terms; 380 cases, 1878 crop, New England, 13c.
to 28c.; 8 cases, 1878 crop, Ohio, and 101 cases, 1879 crop, Wisconsin, from Havana seed, private terms. The movement in

Shipboard, not cleared— for

Leaving
Great

Total.

Stock.

567

45.925

None.

11,3.50

50

4,350
4,200
9,493
*31,400
6,500

160,579
23.417
13,765
12,045
20,216
215,896
46,711

116,218

482,659

None.
None.
None.
500
1,117

1

lucluded in this amonut there are 9,500 bales at presses for foreign
port.s. tlie destination of which wc cannot learn.
The following is our usual table showing the movement of
cotton at all the ports from Sept. 1 to Apr. 33, the latest mail dates:
•

EXPORTED SINCE

RECEIPTS SINCE
8EIT.

Ports.

1879.

1878.

N.York
Florida
N. Car.
Norf'k*
Other..

463,544
713,499
453,158
183,124
20,027
101,957
679,174
243,425

rhisyr. 4008,009

Stock.

728,660 236,770;224,1S4 1189.914 211,072
92,008 35.216
6,791 13,455
71,762
142,559 16,914 151,810 314,283 26,863
185,105 18,950 213,059] 417,114 19,634
194,906 21,785 47,304, 263,995 34,147
297,135 20,108 42,492 359,735 266,812

508,991
639,103
542,577
142,972
55,934
132,927
537,774
185,058

....

.

10,447
5.840
21,480

1,177
1,479

22,668
214,591
193,358

34,292
221,910
214,838

3,872
13,803
36,750

2050,744'323.971733.37l'3108,089 048,169
1

Last yc ar

TO—
Total.

France. Foreign

Britain.

N.Orhis' 1408,202 1145,225
Mobile. 341,539 354,103

Char'n*
BavTi..
Galv.*

SEPT. 1

1.

1

1

4294,724'l830,168'3S9,792!90n.32l'3 120,234 397.755

• Under the head of Charleston Is included Port Royal, &c.\ under the hea4 of
Oaloeston is included Indiunola, &c.; under the bead uf Norfolk is included Citr
Point, 8f,c

Mat

THE CHRONICLE.

1880. J

1,

There was a considerable advance in cotton for future delivery
daring Saturday and Monday of the week under review, but on

Tuesday and Wednesday wide fluctuations followed, in which
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 forward in support of the market. To-day the opening was lower,
but the close was at some further advance. Cotton on the spot
has been moderately active for export, with a fair spinning demand. Quotations were advanced 1-lOc. on Monday; on Thursday an early decline of l-16c. was recovered. To-day white
cotton was unchanged, but stained l-lGc.@ic. lower.

Bales.
200

,

The

total sales for

forward delivery for the week are 754,100
free on board.
For immediate delivery tlie

bales, including
total sales foot up this week 14,830 bales, including 13,4"0 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
past week:

and

For October.

2<X)

11-08
ii-os
11-07
11-0
11-09
11-10

400

11-11

1,000

11-18

80.1

1113

.1(.0

11-14
11-16
11-17
11-18
11-19
11-20

800
100

200
100

-t

2.700

•

2,000

600
400... .-.

1,100
4,500

April 24 to
April 30.
Ordin'y.ipa)

9%

BtrictOid.. 10 '4
Good Ord.. 10%
8tr. G'd Onl 11

Low

U'm

Midd'ir lU'S

Btr.L'wMld

lH),rt

n\

MiddlinK...

Good Mid .. 12ifl
8tr. G'dMid 1238
Mldd'g Fair 127e
Fair

1312

Wed

Wed

Th. Frl.

Ordiu'y.^Ib O^He 913,8 913,8
BtriotOrd. lOS.g 103j6 105,8
Good Ord.. lOlS,. 1013,8' 1013i6
Btr. G'dOrd 11 1,8 111,8 iiihu
LowMidd'glll'^ift ll^IB |11''I6
Btr.L'wMidlllSs 11=8 11=8

Til.

915,6 O'e
107,; 1038
101618 lO'a
113,8 Ills

913,6

915,6
107,;"
}{{'J?„ 1015,6
113,8 113,;"

ll»1fl

Ilia

11%

IIUJO

1115l8
125,8
129,8
131 8
13ll,„

117fl'

I2I4
I2I3
13
13=8

119; 110^
11%"

n%

1115l0 1116,8
125,8
12»,8 129,„'
131,0 lisija!
13ii,„il3il,„

Wed Th.

Frl.

915,8 915,8 913,8
107,6 107,6 107,6
lOiVlOiSie 101»,„
118,8 113,8 113,8
ll»io ll»io 11»„

915,8
107,8
1016,8
113,8
119,8
11% 11%
11% 11% 113i"
Middltiie... Ili3i6 1113,8' 1 113,6 1115,8 1115,6 1115i6 1115,6 1115,8 1116,6
Good Mid.. 123,8 123,6 123,0 126,8 125,0 125,; 125,8 125,8 125,8
Btr. G'd Mid 127,8 127,8 127,8 129,6 12»,8 129,8 ia»n 129 ; 129 8
Mldd'gFair,12i5i8 I'.'.i5i8 1215,8 131,6 131,8 131,8 131,6 131 6 131 6
Fair
130,8 '13»,« 139,n 1311,8 1311,8 13ii,„'13ii,8 1311,6 1311,8
j

STAINED.

Wed Tb.

inon Taes

Sat.

V

lb.

Ixiw Middling

Middling

99,8
107,8
IOTb
115,,

Frl,

9=8
9=8
9=8
936
95a
1019
101.^
1012
10'4
101a
1015,8 1015,8 1016, 1015,6 10^8
1138
1138 ^1138'" 1138
115,8

MARKET AND

Bat.. Quiet

Mon

SALES.

152
362
340
410
417

3,000

.lsteady,atii8adv.

Tues.iEasy
Wed .Steady
Thnrs'Steady

3,1.=)0

1,800

915

2,305
Frl. .|Finn,rev. quo... 1,300

100

1,943

Delivsalei).

eries.

96,900

709
700
900
600
600
600

14,830 754,100

4,100

317

417

1,352
1,834
1,178
1,159
1,049

*

12,470.
The dally dolivertes given above are actually delivered the
vious to that ou which thev are reported.

day pre-

:

For April.

For Jane.
Bales.

Ct".
11-66
11-70
11-71
11-73
11-75

.

900
7,600
6,800
4.800
10,700
7,400
1,600
8,600
e.BOO

a0OB.n.'^9tllll'79

100
4B0

11-79
•.•liHS

3,600

For Hay.
11-04
100
11-65
3,800
3,700
11-8B
H-B7
1,400
200l.E.l>l.lI'SS
11-6S
S.700
1,700...

....

1169

.1170
6,800
S,«00
.. .11-71
aOO«.Il.Ut. 11-72
11-78
6,700
11-78
e,«00
11-74
100 l.n.ltt. 11-7)
11-75
8,000
4,800.

100l.u.llt.n-7«
.1178

IJWO

8,800.

11-77

lAK)
laOO

.11-78

800
8,800.

800 S.I1.
S*)0.
. 800 ijl.

1179
U-HO

87,700

11-82
11-88
11-84
11-85
11-8^
11-87
11-88
11-8H
11-HO
11-91

11-92
11-93

llSi
1

I

1,200
2,100
la^SOO
4.000
7,900
9,200
4,M)0
6,100

Bales.
2,700
4,IKK)

7,900
5,100
10,900
9,000
8,1U0
11,100
8,600
9,300
10,800
7.400
2,900
8,200
8,700
1,000
2,800
2,400
11,400
7,000
1,700
2,200.

8,200

Cts.
11-88
11-89

11-77
11-78
11--9
11-80
11-81
11-82
11-83
11-H4
11-85
11-86
11-87

Bates.
8.900

1190

1207
1208

11-91

5,'500

11-92

8,300
8,300
10,900
4.900
6,900
5,800
600.
3,300
2,300

12-09
12-10
12-11
12-12
li-lS
12-14
12-15

...11-93

11-94
11-95
11-96
11-97
11-98
11-99

12-00

For September.

1205

700

12-08
12-07
12-08

2300

12-09
18-10

2,800.

1,800
100
8,500

SOi

For AtlKUt.

800

800

il-S9

1,600
3,300

10,600
3,200

11-90

1,000.

11-91

7310

1,600

11-1.2

100

4,200
8,800

11-B8
11-94
:i-96
11-96
11-97
11-98
11-99
12-00
12-01
12-02
12-03
12-04
18-09

1,100
6,400

10,600.

4,900
13,000,

12-17
12-18

208,700

800

5.900
5,200
8.600
7,700
20,400
9,700
6,800

1,000

11-81

800
COO

11-82
11-83
11-84

10-98
10-94
10-96

lOvr
10-98
11-00
11-01

8.800
1,900

600
800

...11-011

11-08
11-04
11-08

1.100
27,500

400
1,100.
200.

For November.
10-88
10-86
lO-HS
10-89

100

700
800
200....

400..
800..
100..
800..

100.
1,800.
800.
400,.
000..

1.100.

300
700
300
fOO

11-58
11-59
11-60
11-61
11-62
11 88
11-64
11-65

11-68
11-67

U68
11-69
11-70
11-71
11-72
11-73
11-74
11-75

1178

i.ioo
1,700

11-77
11-78
11-79
II-SO

800

U-Sl

400.
1,200

11-82
11-83

700

U-85

..:;.JiS

:

10*90
10*80

:::.;.:}?S
11*01

Jl'06

ii-S

4,800

For Jaanan-.
100
h-c«

07

11

.10*88

ICC

11-09

200

11,800

100

11-07

uu

100

For December.
10-80

show the range

vrill

of prices paid for future*,
at 3 o'clock, P. M., on each day In

Satnrdajr.

inondaf.

Taeadajr.

Higher.

Higher.

lower.

For Day.

Closing.

Low.
11-71 11-70,
11-75 11-04
11-87- 11-79
12-00- 11-89
12-08- 11-99
11-78 11-72
11-25- 11-20
11-05- 10-90

Bid A'k

For Day.

...

June...
July ...
August.
Sopi'bi-.

October
Nov'ber
Deo'ber
Jiin'ry
Tr. ord.

Closed

.

Lout.

Closing.

For Day.

Cloalnft

11*62 63 11 83- 11-71
11-65 66
-So- 11-70
1179
il 99- 1 1 85
1190 91 12-10- 1 1 OH
11-99 « 12-18- 12-08
11-70 72 11-85- 11*73
11-22 -24 11-31- 11*24

—U

BU. Aak man. Low.

11-82
11-84
11-08

—
—
—

1208 09

11*79- 11*73

BUS.

12-08- 11-80

1190 91

IVednesday.

Thnraday.

Friday.

Market.

Irregular.

Variable.

Irregular.

For Day.
Etaft-

—

April...

Imw.

—

For Day.

Closing.
Bid.

I

Ask

fflffh.

—

11-7071

11-7611 60I IT -70 71
June... 11-86-11-73 1 82 83
July... 11-98 11-81 11-92 93
August. 12-04-11-89 12 00 -

Nov
Deo'ber
Jaii'ry
Tr. ord.

'

Closing.

Low. Bid. Ask
-11-66 11-75 77

For Day.
.&1]/A.

eut.

Att

80

11-84-11-72 11*84
11*89-11*76 11*88 89
11-91-118 11-94
11-99-11-86 11-98 99
12 01 11 -90 1201
12-07-11-9-2 12-00
11-73-11 .i9 11 -09 7 11*70-11*59 1 1 -69 70 11-74-11-60 11*74
11-21-11-05 1119 20 11-22-11-09 11-21 22 11-2.5-11-11 11-24 25
10-95-10-85 10-92 93 10-97-10-83 10-97 9-1 110010-99 t
-10-80 10-95 97 10-90-10-89 10-97 99
10-88-10-8S 10*90 92
11*0011*75
11-75
11*80
Steady.
Steady.
Firm.

—

—
—

—
—

—

12c.

t

lie.

Short notices for April: Monday, 11-75; Tuesday, 11-79.
for

Low.

Closing.

ll*77-ll-(io 11-76 78 11*82-11*70 11*79

...

Sept...
October

—
—

12-14 15 1'2-13- 11-96 11-97 98
11-82 83 11-81- ll*<i7 11-65 67
1 1-30 32 11*28 11*12 11-13
15
1100 02 1109- 1101 1100 08 11*04 10-89 10-90 93
1101 10-96 10.98 t 11-0.)- 1100 11-03 05
10*90 10-89 91
1.1-12- 11*07
11-6.5
11-85
11*75
Barely steady.
Firm.
Barely steady.

FuturcK

May

An
—

U-72

U-86- 11-70 11*72
11-98 11 80 11-82

May;

'ruesday, 11*83®11*82;

is

as follows.

Sbortnotices

Wednesday, ll-76aH-72; Friday,
as

made up by

cable and

The Continental

stocks are the Bgurefl
of last 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
experts from the United States, including in it the exports of
Friday only.
Stock at Liverpool
Stock at London

bales

.

StookatHavre
Stock at Marseilles
Stock at Barcelona
Stock at Hamburg
Stock at Bremen
Stock at Amsterdam
Stock at Rotterdam
,,,..
Stock at Antwerp
Btook at other oontl'ntal porta.

1880.
714,000
35,800

749,800
82,600
2,410
28,240
3.600
35.900
19.400
2,100

390
7,900

1879.

1878.

1877

635.000
54,000

887,000 1,124,000
11,750
44,500

689.000
160,250
2,000
41,000
4.500
26.750
43,750
4,750
3,750
10,000

898.750 1,168,500
238,750
217,250
5,750
4.250
34,000
66.000
7.500
15,000
43.000
69,50O
49,500
68,000
12,000
11,000
7,500
6,750
23,750
14,500
421,750

Total continental ports

182,540

296.750

Total European stocks. . .
India cotton afloat lor Europe.
Amer'n cotlom afloat for Eur'pe
Egypt,Brazll,&c.,afltforE'r'pe
Stock In United States ports .

932,340
247.000
358,000
46.000
598,877
113,868
11,000

985.750 1,320,500 1,640,750
216.000 211,000 301,000
405,000 490,000 304.000
15.000
21,000
32.000
368.781
429,329 545,415
48.662
46.495
65,480
100
6,000
7,000

.12-16

12-01

12-02
12-03
12-04

190,400

9,300.

cts.
12-06

6,800
4,200

11-114

11-95
11-98
11-97
11-98
11-99

For Jnly.

Il-«2

11-86
11-86

U-81

17,700
12,700...
5.800
12,800
11,100
16,100
8,100
1,«00
2,500
4,000
1,100
3.K00.
2,800
14,700
9,100
7,700
7,600
5,800

800
300

lit. 11-83

8.700
400.

11-78
11-79
11-80

18,ri00

3,000

lit. 11-88

11-83

.1177

204,400

-11-81

;4S*
1.700

ots.
11-73
11-73
11-74
11-75
11-76

100

10-85
10*87

S.'iO..

1098

800
400
800
100

11-89
11-80

Total Great Britain stock

For forward delivery the sales have reached during the week
754,100 bales (all middling or on the basis of middling), and the
following is a statement of the sales and prices
Bales.
acO
800
7U0
8fO
800 •.!>..

Mlt^

Sales.

io-m:

Market.

telegraph,

3,252
3,512
2,110
1,325
3,039
1,562

2fi2

Total!

900
800
800

The Visible Supply of Cotton,

SALES OR SPOT AND TRANSIT.
Ex- Con- Spec- Tranlotal.
port. sump, ul't'n sit.

SPOT MARKET
CLOSED.

11-24
11-25
.11-27

Ota.
10i(0

Futures

Closed

Good Ordinary
Btrtct Good Ordinary

2,100
3,100
100

800
100
200

the past week.

Frl.

915,6 915,6
107,8 107,8
10iS,allOi5,6
113,8 113,6
119,8 119,6

n%

11-28

1,000

The following

May

TEXAS.

nion Tues Sat. Mod. Tneii

Sat.

913,8 913,8 97fl
915,8
1038
106,8
107,8
1013,6 10lJ,8 lO'e
1015,6
11'18 lli«
113,8
ll'i« 11''18 Uia
119,8
U»8 11=8 1111,8 11%
1113,8 1113,8 11^8
1116,8
123,8 123,8 1214
125,8
129 8
127,8 127,8 I212
1215,8 121*18 13
131i„
13»,„ 1311,8 IS-'^ 11311,8

Bales.

11-21

500

day of the

sales for each

NEW ORLEANS.

rts.

1,900

and the closing bid and asked

April...

UPLANDS.
Sat. BKon Tne«

Bales.

Cts.
11-87

30,900

part of the advance

469

Btook in U. 8. Interior porta. .
United Strtes exports to-day..
Total visible supply

472,250

2,307,085 2,039,293 2,524,324 2.895,645

Of the above, the totals ot Amerloan and other desorlptions are ata follows:

Amentan—
Liverpool stock
Continental stocks

American afloat for Europe
United States stock
United States Interior stocks..
United States exports to<Iay..
Total American
Liverpool stock

Londonstock
Continental stocks
India afloat for Europe

612,000
139,000
358,000
59a,877
113.868
11,000

511,000
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
66.480
7,000

1,732,745 1,589.543 2,003,824 2.045.895
202.000
121,000
225,000 397,000
35.800
54.000
11,7.50
44,500
43,.540
43.760
61,750
75.250

247,000

216,000

211,000

301<000

THE CHRONICLE.

470
Sail Indian, Brazil, de.—
Egypt, Brazil, <&c., afloat.. ..

1880.
40,000

1878.

1879.
15,000

1877.

[Vol.

XXX.

The above statement shows

That the total receipts from the plantations since Sept. 1 ii>
1879-80 were 4,835,720 bales; in 1878-79 were 4,390,317 bales; in
840,750
574.340 449.750 520.500
Total East India. &0
1,732,745 1,589,543 2,003,824 2,045,895 1677-78 were 4,172,871 bales.
Total Americau
2. That although the receipts at the out ports the past week
2,307,085 2,039.293 2,524.324 2,895,645 were 30,858 bales, the actual movement from plantations was
Total visible Biipply
S'sd.
BiSied.
eM.
5VlPrioeMld.Upl., Liverpool ....
only 14,076 bales, the balance being drawn from stocks at the
The above figures indicate an iiiereate in the cotton in sight to- interior ports. Last year the receipts from the plantations for the
night of 267,792 bales aa compared with the same date of 1879, same week were 13,951 bales, and for 1878 they were 17,004 bales.
a deerease of 217,239 bales as compared with the corresponding
Wkathek Reports bt Telegraph.— Considerable rain has
date of 18T8,andadA;r«a«<of 5S8,560balesa8 compared with 1877,
past week at most points reported, but no harm to
In the preceding visible supply table we have heretofore only fallen the
In Texas the cotton is now all plantel and
crops has resulted.
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.
We have had delightful showers on three
Galveston, Texas.
That difficulty no longer exists, and we therefore make the following comparison, which includes the stocks at the 19 towns days the past week, and the indications are that they extended over
given weekly in our table of interior stocks instead of only the nearly the whole State and have proven very beneficial. A storm,
old 7 towns. We shall continue this double statement for a on Wednesday and Thursday traversed the State from north totime but finally shall simply substitute the 19 towns for the 7
south, doing much damage to buildings and fences; but crops are
towns in the preceding table.
unhurt. Locally there was no damage of any sort done. The1878.
1S77
1880.
1879.
American^
0(i2,000
727.000 thermometer has averaged
bales 512,000
514,000
Liverpool stock
75, the highest being 81 and th&
397,000
253,000
370,000
Continental stocks
139,000
American afloat to Europe.... 358,000 405.000 490,000 304,000 lowest 63. The rainfall for the week is one inch and eighteen
54.i,415
368,781
429,329
598.877
United suites stock
107,534 hundredths, and for the month one inch and forty-one hundredths.
75,550
78,902
TJulted States interior stocks.. 204,154
6,000
7,000 Planting finished everywhere.
11,000
100
United States exports to-day..
Indianola, I'exas
There have been drizz!es during the week
Total American
1,823,031 1,619,813 3,032,879 2,087,949
£aH Indian, Braxil, de.—
on five days and a high wind on one day, but no serious damage
121,000
225,000 397,000
Uverpool stock
202,000
Crops doing well. The thermometer has ranged
44,500 has been done.
11,750
Londonstock
35,800
54,000
75,250
43.540
43,750
51,750
Continental Bto<'ks
from
averaging
to
The rainfall is thirty-one hun03
73.
84,
247,000
216,000
211,000 301.000
India afloat for Europe
32,000 dredths of an inch.
46,000
21,000
15,000
Egypt, Brazil, &c., afloat
The rainfall for the month of April is forty574,340 449,750
520,500
849.750 nine hundredths of an inch.
Total East India, <&o
1,823,031 1,619,843 2,032,879 2,087,949
Total Americau
Corsicana, Texas. It has rained splendidly on four days.
We
2,397,371 2,069,593 2,553,379 2,937,699 have had an unusually severe storm this week, and, although no
Total visible supply
These figures indicate an increase in the cotton in sight to-night serious damage has been done to crops, considerable injury has
of 337,778 bales as compared with the same date of 1879. a
been inflicted on buildings and fences. Crop prospects are good,
deerease of 156,008 bales as compared with the corresponding date
and planting is about completed in this vicinity. Average therof 1878, and a deerease of 510,328 bales as compared with 1877.
At the Interior Ports the movement that is the receipts mometer 71, highest 89 and lowest 52. The rainfall has reached
and shipments for the week, and stocks to-night, and for the two inchej and eighteen hundredths. The rainfall for the month
corresponding week of 1879 Is set out in detail in the following is five inches and eiguty-seven hundredths.
statement:
Dallas, Texas.
We have had rain on four days during the
Week ending April 30, '80. Week ending May 2,'79
week, the rainfall reaching one inch and five hundredths, which,
although very « elcome, was hardly enough. A wind storm
Rsceipts Shlpm'ts Stock.
Receipts Shlpm'ts Stock.
which visited this place the past week blew down some build451
Augusta, Oa
636 12,817
240
1,008
5,181
We have
Columbus, Oa.
103
810
8,208
324
437
4,289 ings and fences, but otherwise did no serious damage.
Macon, Ga
44
1,850
34
347
1,008 ab^ut finished planting in this neighborhood, more land having
164
Montgomery, Ala
920
5,669
875
708
2.863
Selma, Ala
234
412
2,273
Young crops doing
188
452
1,252 been given to cotton this year than last.
Memphis, Tenn..
1.445
9,499 71,441
2,136
3.820 31,397
well.
The thermometer has averaged 71, the highest being 89,
Kaslivllle,Temi..
359
476 11,607
136
792
2,672
During the month of April the rainfall
and the lowest 52.
Total, old ports.
2.860 12,753 113,868
3,953
7,570 48,662
reached one inch and fifty hundredths.
Dallas, Texas. ...
95
76
1,468
124
133
63
Brenham, Texas. Rain has fallen on three days the past week,
Jefterson, Tex."..
75
125
200
89
300
583
Shreveport, La
420
1,405
6,765
909
263
2,104 with a rainfall of one inch and fifty hundredths, and has been very
Tloksburg, Miss..
293
346
904
838
852
950
Columbus, Miss..
15
94
4S5
20
86
209 beneficial, but was unfortunately accompanied by a wind storm,
Eofaula, Ala
30
30
2,281
220
386
834 which demolished some buildings and much fencing. Young
Orlffln, Ga
5
29
943
14
250
225
Atlanta, Oa
71
229
9,241
135
4,580
crops unhurt and doing well. Planters in this vicinity have
2,0i>9
Borne, Ga
149
348
3,660
199
201
(>86
Charlotte, N. C.
97
198
1,187
247
266
656 given increased land to cotton this year. The thermometer has
8t. Louis, Mo....
2,439
'1 he
6,154 55,285
3,294
4,684 13.814 ranged from 55 to 85, averaging 70.
rainfall for ihe past
21,000

32,000

1.

—

—

—

—

—

—

.

—

.

O

2,304

3,848

7,867

4,593

3,713

8,015

month

5,993

12,882

90,286

10,732

15,722

30,300

New

8,853 25,635 204,154
This year's flgures estimated,

14,685

23.292

78,962

Cincinnati,

Total, new p'rte

Total, all
'

The above
creased dunag

totals

show

that the old interior stocks have de-

the week 9,893 bales, and are to-night 65,206 bales
more than at the satne period last year. The receipts at the same
towns have been 1,093 bales /e«s than the same week last year.
Rbckipts from the Plantations.— The following table is

prepared for the purpose of indicating actual movement each
week from the plantations. Receipts at the outports are sometimes misleading, as they are made up more largely one year
than another, at the expense of the interior stocks. We reach,
therefore, a safer conclusion through a comparative statement
like the foUowing.
In reply to frequent inquiries we will add
that these figures, of course, do not include overland receipts or
Southern consumption; they are simply a statement of the
weekly movement from the plantations of tb at part of the crop
which finally reaches the market through the outports.
RECEIPTS FROM PLANTATIONS.
,

Week
«ndlng—

Receipts at the Ports. Stock at Inter'r Ports Rec'ptsfrom
Plant'ns
1878.

Feb. 13
20
"
an
Uar. 5
" 12
•'

• 28
Apr. 2

•'

"

23
30

1879.

1880.

1878.

1879.

1880.

1878.

120.090 150,M1 119,854 233,103 190.765 345,975 112,485
109,73H 1»1,328 116,307 238.886 182.848 327,0M 103,318
94,3.19 110.047 102,095 210,9351170.438
316,972 78,590
90.947 83.2M 78,151 192,465 185.819 303,279 72,477
82.204 78.490 61,308 189.638 159,418 289,996 .59,435
75.723 a0.202 49,011 148,653 141,612 281,017
52.740
95.470 60,098 53,410 131.795 131,463 268,120 50,612
59.888 54,28."t 47,393 119.991 118,879 259.223
48,082
61,391 44,851 37,323 108,633 107,005 252,495
40,033
30.019 40,187 38,910 95,979 91.966 238,556
26,382
38.85(3 38,183 38,714 89,142
•320,938
87,894
32,019
31.1M8 22,283 30 85s 75.550 78.002 201.154
17804

1879.

1880.

127,489 107.913
125.809 98.4l(

98,239
78,447
72,289
42,398

50,549
39,899
34,977
23,148
31,511
13.951

92.883
64,758
51,085
40,662
38,402
40.498
30.593
24.971
19,094
14.078

two inches.
Orleans, Louisiana.
It has rained during the week on
days, with a rainfall of forty hundredths of an inch.
The
is

—

two
thermometer has averaged

—

76.

Shreveport, 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 and
lowest 56. The rainfjll has reached three inches and eightyeight hundredths.
Vickshurg, Mississippi.— ^iaia has fallen during the past week
on three days.
have had an unusually ssvere storm
Columbus, Mississippi.
Rain has fallen on five days to a depth of four
this week.
fifty-four
hundredths.
inches and
The thermometer hjui averaged
DuringTlie month
73, the highest being 77 and the lowest 67.
of April the rainfall reached ten inches and twenty-hundredths.
have had acceptable showers on
Little Rock, Arkansas.
five days of the past week, with hard rain one nigjit; the
remaining two days have been clear, but the weather is quite
Thermometer highest 83, lowest 48, and
cool for the season.
average Go. Rainfall for the week, two inches and thirty-eight
hundredths. Thermometer for April: highest 93, lowest 40,
average 64. Rainfall during the month, four inches and fiftysix hundredths, with rain on fourteen days.
Jfashville, Tennessee.
It has rained on three days the past
week, the rainfall reaching one inch and forty-seven hundredths.

— We

— We

—

—

The thermometer has averaged
lowest 45.

—

67,

the highest being 87 and the

Memphis, Temiessee. Telegram not received.
MobUe, Alabama. It has been showery one day, and we have
had an unusually severe storm on one day during the week, the
Crop
rainfall reaching ninety-three hundredths of an inch.
accounts are less favorable. We are having too much rain, but
no serious damage has been done. The thermometer has ranged
from 64 to 85, averaging 74. The rainfaU for the past month is
two inches and ninety-nine hundredths.

—

1

May

THE (mUONICLE.

1880.]

1,

—

Montgomery, Alabama. It ha.s rained at this point on three
days during the week, the rainfall reaching ninety-six hundredths of an inch. Average therihonietor 73, highest 8S and
the lowest 58. We are having too much rain, and the weather
has been too cold.
Selma, Alabama. Wo have had heavy rains on three days tlie
past week. We are having too much rain, and the weather has
been too cold.
Madison, Florida. It has rained on one day daring the week.
The thenuoiueter has ranged from 6J to 93, averaging 77.
Planting is about completed in this neighborhood.
Macon, Oeorgia. liain has fallen during the week on two
days, the rainfall reaching two inches and three hundredths; but
the balance of the week has been pleasant. The thermometer
has averaged 72, the highest being 85 and the lowest 58. The
rainfaJl for the month is four inches and thirty-five hundredths.
Columbus, Oeorgia. Wo have had rain during the week on
one day, with a rainfall of fifty hundredths of an inch. Average
The rainfall
thermometer 71, highest 80 and the lowest 60.
for the mouth of April is four inches and fifty-six hunaredths.
ISavanniih, Georgia.
We have had rain on three days, with a
xainfall of eighty-four hundredths of an inch, but the balance of
*he week has been pleasant. The ihermometer has averaged
75, with an extreme range of 63 to 88.
Augusta, Oeorgia. It rained (heavy and general) on four days
the earlier part of tlie past week, the rainfall reaching two inches
-and ninety-one hundredths, but the latter portion has been clear
4ind pleasant.
Average thermometer 70, highest 88 and lowest
-54. Planting in this section is nearly completed. At some points
we have secured a good stand of cotton, and planters are chopping out. Accounts very favorable.
There have been heavy showers
Charleston, /South Carolina.
-on one day the past week, the rainfall reaching seventy -two hundredths of an inch. The thermometer has averaged 73, the
liighest being 87 and the lowest 52.
The following statement we have also received by telegraph,
showing the heierht of the rivers at the points nanced at 3 o'clock
AprU 29, 1880, and May 1, 1879.

—

471

Thia BUtement Bbowa that np to April 80 the receipis at the
bale* more than la 1878-79 and
539,077 bales more than at the game 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 movement for the different years.
pirtg this year were 330,889

—

—

—

—

—

—

May

April 29, "80.
Feet. Inoli.

Hew

12

Below high-water mark .
Above low-water mark... 24
Above low- water mark... 15
Above low-water mark... 16
Above low- water mark... 41

Orleans
Mempliis
Nashville

.

ShrevciKirt

VlcksbuTK

1, '79.

Feet. Inch.

6

8
10

4

7

17

4

12
9

1

33

3

New

Orleans reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to high-water
mark of April 15 and 16, 1874, which is 6-lOths of a foot above
1871, or 16 feet above low-water mark at that point.

GuNNT

Etc.— Bagging has

Bags, Bagging,

not changed in

and the market continues in the same position noted in our
The demand is of a jobbing character, but more inquiry is
reported, with fair parcels moving, and nothing to be had below
191c. for If lbs., llic. for 2 lbs. and life, for standard quality.
Butts are in fair request, but no large lots are reported. The
transactions are about 1,500 bales at full prices. For ordinary
grades holders ask 3Jc., but for standard qualities 3fc. is the
lowest we hear named.
price,

last.

COMPARATIVB PORT RECEIPTS AND DAILY CROP MOVEMENT.
of the port movement by weeks is not accurate,
aa the weeks in different years do not end on the same day of the

A comparison

We

month.

have consequently added to our other standing
monthly statement, that the reader may con-

1879-80.

1878-79.

1877-78.

1876-77.

1875-76.

1874-75.

rot.Mr.31 4,480,842 4,140,519 3,901,825 3,734,592 3,757,682 3,185,484
Apr. 1....
5,922
0,393
15,704
8.
4,505
8,735
" 2....
8,298
8,570
9,834
8.311
8.
6,976
" 8....
6,524
0,785
6,049
6,277
15,830
5,100
" 4....
8.
11,236
6,114
4,836
7,C9l
8.
" 8....
5,491
8,237
14,158
3,083
0,576
8,578
' 0....
8.
0,338
5,817
4,915
4,483
8,487
'•
7....
«,243
10,317
3,16-1
8.
10,114
6,045
" 8....
5,261
9,222
11,515
B.
6,441
4,489
" 9....
4,717
5,310
9,724
8,973
8.
7,923
" 10....
5,156
6,862
9,790
4,406
10.675
5,319
" 11....
S.
7,619
4,729
4,484
6,138
8.
" 12....
9,905
6,885
9.816
2,347
6,639
10,104
" 13....
7,353
8.
2,641
6,299
6,112
6,189
" 14....
5,696
8,081
8.
2,794
0,987
6,008
" 15....
4,746
6,566
7,629
B.
4,732
3,289
" 18....
5.199
0,054
5.707
5,136
8.
0,374
" 17....
6,299
4,350
6,484
2,579
6,759
2,983
" 18....
B.
9,106
4,910
4,632
6,231
8.
" 19....
9,291
4,423
7,987
1,561
4,698
6,077
" 20....
3,378
S.
2,7-24
8,557
2,865
3,489
"21....
5,840
10,014
8.
4,995
6,478
3,897
" 22....
5,640
6,243
8.
9,090
3,714
2,843
" 23....
6,260
4,541
4,948
5,923
8.
3,426
" 24....
5,140
3,512
4,646
3,075
8,379
2,327
" 25....
S.
7,450
3,346
7,402
4,547
8.
" 26....
8,677
2,563
11,269
3,064
3,592
4,643
" 27....
3,916
8.
5,519
2,680
3,478
3,932
" 28....
5,021
4,026
8.
1,502
5,184
4,375
" 29...
3,272
3.270
7,474
8.
2,956
3,141
" 30....
4,8S2
3,395
4,190
4,640
4,447
3,097
Total
4,638,867 4,307,978 4,099,790 3,834,786 3,921,275 3,319,082
Peroentag e of total
98-89
p'rtreo'p ts Apr. 30
94-34
94-96
93-56
94-91

This statement shows that the receipts since Sept. 1 up to
now 330,839 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
to-night are

received to April 30 in each of the years named.

India Cotton Movement from ali. 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

down

to April 29.

tables a daily and

stantly

have before him the data
for the years named.

movement

we

give the receipts at

each port each day of the week ending to-night,

POET RECEIPTS FROM SATURDAY, APR.
D'ys

New

we'k leans.

Mobile,

Wed

1,558
4,175
1,420
2,129

Thur

590

Fri..

2,577

200
592
30
43
104
432

Tot. 12,449

1,407

fiat

Men
Tue«

2,540

19t3

406

261
180

1,290
85

85

249
178
1,149

The movement each mouth
Monthly

Bept'mb'r
October. .

Movemb'rj

Decemb'r
January
.

February.

March...
April....

TO FRIDAY, APR. 30.

Norfolk.

Wil-

AH

ming- others.

781
92
48
2,702

3,793

4

1,232

Total.

28

1,154

46
....

1,340
1,170

5,110
8,077
3,916
5,021
3,272
4,832

78

6,740

30,858

909
926

Brit'n.

"80.

ton.

975
936
592
322
048
320

Shipments

1879.

1878.

288,848
689,264
779.237
893,664
618,727
566,824
303,955
107,459

since Sept. 1 has been as follows:

1877.

98,491

578,533
822,493
900,119
689,610
472,054
340,525
197,965

1876.

236,863
675,260
901,392
787,769
500,680
449,686
182,937
100,194

1875.

169,077
610,316
740,116
821,177
637,067
479,801
300,128
163,593

96-30

94-34

94-96

93-56

..

,

Shipments since Jan.
Great

Total. Britaiu.

Coutinent.

Week.

398,000
277.000
458,000
468.000

60,000
14.000
36,000
58,00o

Since
Jan. 1.

625.000
442.000
572.000
702,000

CILCCTTA, MADRAS, TUTICORIN, CARWAR, RANGOON AND EURRACREB.

1874.

94-91

This

According to the foregoing, Bombay appears to show an increase
compared with last year in the week's receipts of 14,000 bales, and
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, Carwar, &c. for the same week and
yeare has been as follows.

Shipments this week.

134,376
536,968
670,295
759,036
444,052
383,324
251,433
133,598

Receipts.

1.

Total.

1880 12,000 37,000 49,000' 169,000| 229,000
1879 5.000 25,000 .'JO.OOO 11 4,000] 103,000
1878 6,000 16,000 -J-2,0OOili)1.0O0i'264,OOO
1877 10,000 38,000|ls,000,-23H,000!-.'32,000

1.

Tot Ap.30 4,638,867 4,307,978 4,099,790 3,834,786 3,921,275 3,319,082
Pero'tage of tot. port
receipts April 30..

_

nent.

Year.

333,643
888,492
912,272
956,461
647,110
447,918
264,913
158,025

week

tltis

Year Great Contl-

Year Beginning September

I

Keceipls.

24, '80,

Char- Savan- Galleston. nah. vest'u.

569
5X4
421
735
194
107

BOMBAY RECEIPTS AND SHIPMENTS FOR FOUR YEARS.

for seeing the exact relative

First

Great

Shipments since January
Great

Britain.

Continent.

Total.

Britain.

6,000
7,000

3,000
4,000

9,000
11,000

15',6o6

18,o66

33,6o6

124,000
70,000
15,000
69,000

1880
1879
1878:

1877

The above

Continent.

36,000
49,000
34,000
24,000

1.

Total.

160,000
119,000
49,000
83,00O

week show that the movement from
Bombay is 2,000 bales less than same week

totals for this

the ports other than

For the whole of India, therefore, the total
last year.
shipments this week and since Janu-xry 1, 1880, and for the
corresponding weeks and periods of the two previous years, are
of

as follows,

THE (CHRONICLE.

472
BXPOBT8 TO EUROPE FROM AIX

Shippino News.

INDIA.

1878.

1870.

1880.

This
week.

Since
Jan. 1.

Tbtn
week.

Since
Jan. 1.

This
week.

49,000
9,000

398.000
160,000

30,000
11.000

277,000
119,000

22,000

All other p'rts
Total

58,000

538,000

41.000

396,000

22,000

from—

Bombay

include the manifests of all vessels cleared up to
507,000

3,000
1,564,000

1,000
2,551,000

Since
1.

Since
This
week. Sept. 1.

1,700 282,450
3,451 169,204

1,000 157,000
2,000 73,500

1,000 226,000
5,000 176,000

5,151 451.654

3,000 230,500'

week
3.199,000

1

Since
This
week. Sept. 1.

—

Exports Oiales)—

*

. .

Total Europe.
A cantar is 98 lbs.

Tills

week. Sept.

6.000 402,000

8
1,723

600

Ella S. Thayer, 4,791. ...per barks E. T. G., 3,732....
Arcturus, 3, 102.... Adept.. -.4,0 14... .Prince Kupeit, 4,771 25,802
3,244
To Havre, per ship Henry 8. Sanford
Annie Bingay,
To Bremen, per ships Southern Chief, 4,490

5,049

—

Tlta,

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 Glut Glas, 2,025Upland
Texas—To Liverpool, iier bark Breuham, 2,025
Norfolk— To Liverpool, per barks WilUam Owen, 2,439
Mary lone, 2,463
Baltimore— To Liverpool, per steamers Hil)ernian, (additional),
395.... Carolina. 600.... Sardinian, 649....Enri<iue, 824 ...
MaraBoston To Liverpool, per steamers Minnesota, 3U8
Iberian, 362. . . .Palestine, 905
thon, 300.
PHiLADELPiirA— To Liverpool, per steamers British Crown,
880 ...Indiana, 400

—

The

Cott'u

328 Cop.

8I4 lbs.

Twist.

Shirtings.
s.

d.

Mid.

d.

8.

Feby.27 11%® 12 7 9 ®8 9
Mar. 5 11%® 12 7 9 ®8 9
•'
12 lll4®ll% 7 6 ®8 3
" 19 11 ®11»2 7 4i2@8 3
" 2611 all's 7 4*2^8 3
April 2 11 ®ll>s 7 4%® 8 3
"
9|....®.... .... ® ....
" 16 10i2®ll 7 li^SS
" 23 10%® 10% 7
as
" 30 10ie®10%l6 10>fl®7 \0^

Uplds
d.

Cott'n

323 Cop.

8I4 lbs.

Twist.

Shirtings.

d.

d.

s.

d.

s.

®7

Mid.

Uplds
d.

d.

5%

7'>in

7>s®8i4 5

3

li3®7 iH

bi'iB

7>4

5
5
7=8*814 5
7''8a>8% 5
8i4®8% 5

3
4'3

5S>16

7%
7%

7%®8i9
7%®8'e

®7
®7

3

6

5%

4,893
2,468
1,875

1,280

particulars of these shipments, arranged in our

usual

form, are as follows:

Bremen
& Ham- Barcc-

Liver-

New

1878-79.

1879-80.

1,296
2,000
1,277
4,513
2,025
2,025

55,061

Total

pool.

A.

Vendreil, 200

1,096

- . .

This statement shows that the receipts tor the week ending
cantars, and the shipments to all Europe
April 29, were
were 5,151 bales.
Manchester Mabket. Our report received from Manchester
April 80 states that the market for twista and shirtings was
weaker and inactive. We give the prices of to-day below, and
leave previous weeks' prices for comparison.

d.

17,714
1,263

2.177

To Hull, per steamer Otranto 1,263
To Havre, per steamer St. Laurent, 8 (additional)
Hohonstautcn, 1,200
To Bremen, per steamer Donau, 523
To Hamburg, per steamer Lossing, 600
Liverpool,
per
ships
Birmingham,
New Orlkans—To
5,392

559

Since Sept.

To Liverpool
To Continent

Total bales.

City of New Yorlt, 2,213
Botlinla, 1,387. ...Wyoming, 3,100. ...City of Brussels,
1,628-... Celtic, 989....Sirius, 2,203. ...Egypt, 2,270...
per ships Lady Palmcistone, l,747....Locksley Hall,

New York—To Liverpool, per steamers

To Barcelona, per barks Paquete do

Receipts (cantars*)—
Tills

Wednesday

night of this week.

1878.

1879.

1880.

Southern ports are concerned, these

same exports reported by telegraph, and published in
With regard to New York, we
the CilRONlOLB last Friday.

ALKX.*.NDniA Receipts and Shipments.— Through arrangements we have made with Messrs. Davies, Benachi & Co., of
cable of
Liverpool and Alexandria, we now receive a weekly
following
the movements of cotton at Alexandria, Egypt. The
the correare the receipts and shipments the past week and for
aponding weeks of the previous two years.
April 29.

United

are the

last

Alexandria, Eg)-pt,

cotton from the

exports of

far as the

So

79,035 bales.

statement affords a very interesting comparison of the
and for the three
total movement for the week ending April 29,
years up to date, at all India ports.

This

—The

XXX.

States the past week, as per latest mail returns, have reached

81iii>ment«

to all Europe

fVoL.

York... 17,7 14
N.Orleans... 25,802
Mobile
4,513

Hull.

Havi'e. burg.

1,263

2,323
5,049

3,244

Savannah

Vera

loua. Malaga. Cruz.

2.000

1,296

1,277

2,025

Texas

2,025
4,893
2,468
Boston
1,875
Philadelphia 1,280

Norfolk
Baltimore

. .

.

Total.

21,308
38,668
4,513
2,025
2,025
4,893
2,468
1,875
1.280

Total
60,570 1,263 3,232 9,397 1,296 2,000 1,277 79,055
i\>
®7 6
7k
®7 IH 6 'a
5
7M S%®9
give all news received to date of disasters to vessels
Below
we
8i3®9l8 5 7'-j®7 9
6%
7
carrying cotton from United States ports, etc.:
6%
6'i>lR 8%®9i4 5 7i2®7 9
6i3iB 8''8®9>3 5 9 ®7 IOI2 6I2
Ben Lomond, steamer (Br ), Brook, from New Orleans for Rouen,
which put into Dartmouth, AprU 19, with loss of spars, &c., arrived
New York this week snow an
from
Cotton
of
The ErpoRTS
at Rouen April 23.

7%

41337 6

i>

6
6

increase, as compared with last week, the total reaching 21,308
Below we give our usual
bale?, against 14,671 bales last week.
table showing the exports of cotton from New York, and their
direction, for eaih of the last four weeks; also the total exports
and direction since Sept. 1, 1879, and in the last column the total
lor the same period of the previous year.

Exports OF COTTON

(bales)

from new York since
Week ending-

Sept.

1,

1879.

Same
Total to period

Expsrted to—

Apr.

Apr.

Apr.

Apr.

7.

14.

21.

28.

date.

previ'118

year.

7,153 13,712 14,198 17,714 307,843 207,345
1,263
8,269
4,812

Other British ports

Irene Morris, steamer (Br.), Moffet, from Charleston, which put into
Baltic port and discharged part of her cargo damaged by fire,

arrived at Reval April 21.
(Br.), from Savannah for Reval, before
reported, arrived at Roval April 20.
Iron Cross, ship (Br.)— A lire was discovered at 9 P. M., 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
fllled with water. The flre is supposed to have been the work of
an incendiary.
Themis, bark (Br.), from Savannah for Bremen, before reported at
Cadiz, &o., had effected temporary repairs, and was to proceed
April 7 for her destination.

William Burkitt, steamer

Cotton freights the past week have been as follows:

Total to Obeat Bbfiain 7,153 13,712 14,198 18,977 316,112 312,157
Havre....

,

113

473

S

20,116

11,860

113

473

8

20,116

11,960

100

Other French ports
•Total

Fr^cs

-

Bremen and Hanover
Hamburg
Other

198

porta.

•Total to North. Europe

198

302
300
199

1,723

600

25,035
14,051
2,523

13,708
2,202
2,835

801

2,323

41,609

18,745

All other

3,206

-Total Spain, &o

3,206

5,610

The PoLLO'wiNa are the Keckipts op Cotton at New York,
Boston, Philadelphia and Baltimore for the past week, and since
September
Beoeipts

from—

1,

1879:

New York.

Boston.

Philadelphia.

Texas
Savannah
Mobile

3.205158,415
3,013 97,756
350 176,056
1

23,515
2,869
36,675

5,279
2,575
14,938

957 57,552

.c.
t.

steam.c.

l2®9ig
13®%'*

Do
*

lfl®%'

>3®»16

>2®»I6
'S®'8*
»fl

Amst'd'm, steam.c.
Baltic,

12®%*

sail...c.

8all...c.

steam

d.

sail

d.

®....

Fri

'4®93a

>4®"64 H®'-7g4

V

ia®V

13®

>2®9ie

>a®0l8

»a®»18

Ja®V

laaV

Ij®8i8
l3®'8*

>H®9l6
13a

l8®9]j

>fl®»lB

>3»9l8

>3®6b*
>a®9i8

916®%

»i8a=»

l9®58»

V

%

»8

"8
..

"4® 93a

H

...®....

%®1'32 %ais32 %®1333 %ai333 %®1»32 %®13j2
^18

^18

»32'3'°18

°38®^1«

Compressed.

—

Liverpool. By cable from Liverpool, we have the following
statement of the week's sales, stocks, &c., at that port:
April

72
42
283

5,650
104,855
40,017
197,182
6,059
185,690
3,488

1,290
31

65

229 10,890
35
832

10,202
73,759

15,000

3,152382,954

30' 81,766

2,053 167,865

I^aatyear 12,412 812,217llO,94lt304,099

1.61S 79.082

1,375 147,570

13
2,566

424

9,»43 975,168

Sales of the

week

bales.

Forwarded
American
Of which exporters took
speculators took..
which
Of

Total stock

299 58,909

Ihieyear.

H

c.

—

Sales

1,100 49,504
1,324 131,668
728 137,312

Foreign

Do

>3®9l6*

Wednes. Thurs.

9.

April 16.

April 23.

April 30.

I

. .

Florida .
S.Car'lina
N.Car'Iina
Virginia
North, pts
Tenn., &o.

sail

c.

Tuea.

®32®°18
H®"64 '4®I'6i
l2®9l6* l3®9l6*

Baltimore.

This
Since This
Since
This
Since
This
Since
week. Sept. 1. week. Sept. 1, week. Sept.l. week. Sept. 1.
I

N. Orl'ans

Do

*.'J2®°16

8ail...d.

Do

7,464'l4,513 14,671 21,308 381,043 218,472

Grand Total

Do

Havre, steam
Do saU
Bremen, steam,

Hamburg,
5,610

.-Spain, Op'rto, Gibralt'r,&c

Mon.

Satur.

Liverpool, steam d.

462

— Estimated

(555,000

Of which American— Estim'd
Total import of the

week

Of which American.
Actual export

Amount afloat

54,000
15,000
42,000
4,300
2,200

....

474,000
97,000
72,000
6,500
335,000
232,000

44,500
23,000
35,500
6,200
1,320
659,000
468.000
63,000
48,000
5,300
331,000
209,000

39,000
17,000
30,000
4,900
1,290

702,000
499,000
98,000
75,000
7,200
319,000
182,000

42,000
24,000
32,000
3,800
1,510
714,000
512.000
77,000
65,000
6.100
322,000
179,000

or which American
The tone of the Liverpool market for spots and f uturoa each day of the
week ending AprU 30, and the daily closing prices of syot cotton, have
J>?en as follows:

Mav

THE CHRONKXR

1, 1880. J

Saturday Monday. Tuesday. Wednes. Tlmrsd'y

Friday.

Spot.

Mod.

Market,
[«t,
12:30 r.M.

j

Mid. Upl'da
Mid. Orl'ns,

and

Quiet

freely
supplied.

I

Market.
5 P. H.

Dull

tnq.

Dull.

eanler.

C">16

6'j
61«18

016x8

7

7

}

Sales

500

Bpoc.<t exp.

10,000
1,000

8,000
1,09C

5,000

6,000
1,000

6,000
1.000

7,000
1,000

Futures.

Market,
6 P.M.

Firm.

Firm.

Ver;

Steadier.

z.

stcat

Steady.

Tbo actual sales of futures at Liverpool for the game week are given
below. TlHwc sales are on the basis of Uplands, Lov Middling clauso,
unless otherwise stated.
Batdrdat.

Delivery,

Apr.-May .. 626331*1318
May-Juno ..e'^iSjoaiiaia
JuncJuly.. 63!'328''^18
013^ga27^
July-AuK...0l3i«^
ealsja's
Aug.Sept

May -June

June-July

July-Aug

(i''a

Aug.-Sept

()2«32

Sept.-Oct

62732
61732

Oot.-Nov

(i^^^3

Delivery.

Delivery.

Apr.-May
May-June

61.132

Ca
6«<33
6">i6

AuK.-Sopt

U'^a

«''9®2»32
Sept.-Oct... 6131601^^33

.Scpt.-Oct

.

•.

629,2
629,2
6i"ic
OUSi
616

April

eig^i'sa

62732®% Oot.-Nov

Anr.-May .... 0^'^32^''» Nov.-Dec
May-June
May-June
ti^'aa
June-July ....ea^ssa'a July-Aug
.

....0^''a2'^''s

MONBAT.

D«i»ce.-v.

April

d,

Delivery.

Betivery.
d.
..0-'532®13ie
eia
Oct.-Nov
April
e^^3aa>^'s
Apr.-May
6^^32^^'a

d.

0"l8 Sopt.-Oct.

April

,

Juno-July
July-Aug...

631 30

Ang.-Sept..
.6ai<32|8cpt.-Oet.
.B's

June-July...

Delivery.

Delivery.

April.

615i8
613io

May-June

,62933

May and 47}^c. for June. Receipts at
Western markets have materially decreased.
Rye has been in limited demand, but, the supply being BmaU,
prices are maintained. To-day a boat-load of Canada sold at
89c. fOr the first half of May.
Barley has been in fair request,
but as the end of the malting season approaches prices are
more or less nominal. Oats have been declining for some days
past, but with considerable activity in spots and early futures
No. 2 mixed selling largely for May at 38c.@38^c. The market to-day was dull, with No. 2 graded quoted at 39^c. for
mixed and 46c. for white.
Statement of exports of domestic breadstuffs from the andermentioned customs districts of the United States, during the
month of March, 1880, and the nine months ended the same, as
compared with similar exports during the corresponding months

June-July

621»33

Aprii-Mar

July-Aug

May-Juno

Juno-July..

6'.5ici

Aug.-Sept

615,8
6313J

July-Aug..

63132

Apr.-May

62»32

April

.62932
.678
.678
.616,6

.

...63l32®7

Sept.-Oct... G39.,o®13i6

Apr.-May

,6=e-a>l»32

M*y-June

Oct.-Nov...
Nov.-Dec.

61a

.

of the previous fiscal year:
c o

I

Aug.-Sept

629,2
62732
62730
O'a
678

June-July

July-Aug
Apr.-May .. 613,632732
6-732
June-July
Aug.-Sept
7s a -i>32

i"??

o_s^

SEES

621*32

Delivery.
Sept.-Oct

615,,,

..

May -June..
Aug.-Sept.

but the close was at 63)io.
;
on the spot and 47c. for May, June and July. White com has
been in fair supply, and sold at a little above the prices for
mixed j but yellow is scarce and relatively dear. To-day No.
2 mixed was lower on the spot at 52>^@53c., but firmer for

I

TCESDAV.

Apr.-May

sold at 54@54)4,c. on the spot

futures at 47%c. for

(

Julv-Auji
AUK.-Sept

473

BBSS
ll^3
W MM
t-

c.c,ocoo

a e -J*

as. -.00

ssi

-= ze

Ilia
5 « =.

:

3BS

sr

613,8

Aug.-Sept

61a
639

Oct.-Nov

61»33

AprU

625.,2

Apr.-May

Aug.-Sept

613,
62732

June-July

62633
62=32

Sept.-Oct

62632

July-Aug

6-'532

67g
65i
,.

Sept.-Oct

:

Nov.-Dec

.613,8
62333
62833

May-June
Jnly-Auj

6%

Sept.-Oct

62532

Apr.-May

'
'.

'

•

*

U\
coco:

Oi-'OW
Cv h-

w -1

CI -1

rf^

:

:

O' If
-J
IS. ».

to

XCl^*- M
to OT

»^

6^

62630
613,8
68t

Aug.-Sept

6%

July-Aug

Aug.-Sept.. 613ig'a2632

6%

Nov.-Dec.

rf*-

•

c;

I

M'
ffl'
m; x:

M
tew CMOS

f-*

y
c M
M-.JQr!M

"cCtCOiODtOOS
00 1-

a Cw CD
10 o
H-

_J&_CJT«-' OC

MCO
h-.

62633

62332®%

*

cc to *)
00 <-t

c

--1

00 0:

»;».-'

to

_

•;^cooco

CO

u oc

"ioxwcT'OcVi.
c;*

coo*-©'

BRE ADSTUPFS.

•-i-^to-^t^

X tC CO

-J

X 01 0; 01 'T

MMtCO^-COC

COl
t:;

00

cbrf*.ODc;«oiK

©caXMh-cw*

O © to 03 <> ft

xcoto.

to 10

tot.;oDC^lW|£^

65i6

p

wbfoc'ft' o:©rf»-'
*. (0 *1
VGD-o;

-no
o

toac

CO

MM

XI CO Vic:

»

WOTGD-1-^lx'

CD 4*; tow
QCCobi""

si

10-

toco
>»-tocop

M^
^ to en wt
T, C 10 O

S

MWtO^'-CO
CO 010*©
tooo'y
XXXIC ^:;tpp;
— ODCO »o*.h-i->a5
QOMQDQDpl-J*h
'iJ-Wto' 0DtO<iaMrf».©
©•c^-^i; t-iosoi—oi^x
ao-ioc toco©- ©»fe':&©©CDCT'

rCODtC

QDOCCitO

h- c; ci

6\

June-July
lulj'-Aug
Sept.-Oct

'j:

6%

Delivery.

Delivery.

o

OOjUICw-pii

65,8

O.

May-June ....6^^2332 Sept.-Oct
June-July 62532-%-233j

g
ST
E
o

as;

5-

6?ia2332

Fbidat.
Delivery.
April
6!ll®2332
Apri-May
d^^'^'^ss

I

;

'

ccta

Delivery.

Delivery.

April
613,8®% Oct.-Nov
June-July
Apr.-May
6%
....OiSig®^
Aug.-Sept
May-June
June-July ..6i3i8®253„ Apr.-May
.627,2®!
May -June
July-Aug .
July-Aug
Aug.-Sept
Aug.-Sept
67aa273
.61318 Aug.-Sept
8ept.-Oot

-t

Delivery.

Oot.-Nov
Nov.-Dec
July-Aug

.... 627.32'2' 75

Delivery.

2.'

S,0.*co

.

Thcrsdat.
.

£-3

a
a

XX.

Delir Ty.

Delivery.

AprU

o.;
•

Wednesdat.
Apr.-May ..62533813,8
62633
May-June
*>i3i8
June-July
Julv-Aug
627.J3

Si

.

i

S'
e
-1 -J
o«

^SJ^S^i""

2§?23
»c»o "i=-i^Sg^2.^

xcototo
<»**QOp
Vcoloto
c;»cro©

3
.

31 O' CO

©

:

CO'

M
o«.

MM

M^-l

VVj Cfl 01 CB OC

co<jcom*'C*:
c;t 1^.

01 ci

I*-

o:

<jai

FRIDAY, P. M., April 30, 1880.

The
better

flour

market has been quite

demand from the Provinces

irregular.

WQOO

Mt0^tOtO*-W

lo Oi"*.

w © M c csM (o^"

for the best grades,

a<ci3c;»CJOco,p^aMtOK:

and

advance in prices, especially for choice No. 2 and superfine.

Common

medium extras
even when offered at re-

-^Mcnio:

©MOO-

and com meal are scarce and

Rye

^*-ooo:

CO 10 CO ^1

Jt

01

OS*-©©:

r^^
©to 01 VmcOGOO'^'C

tOCOMCO

(OOCit'.^^lQO^COft^i-'C

to to

re

M

MM ^10
MM COjq
C)i

« M Vto'— Vj M
-ICO to to 00
to X "to p tc^i ci^_^ K-p_
M ClOiCoVo'tO C1QC"*»-'
©
© 01 Cl to to ** 10 ^ to**
Oi MA cote o; *• *- w OlM
rf*-

Ther«

check the downward

The following are

course of values, but with only temporary and partial results.

The business yesterday was down to $1 26 for No. 2 red winter
on the spot, f 1 2454 for May and $1 22^ for June; $1 22 for
No. 2 white on the spot, ?1 20}^ for May and $1 20 for June,

ai

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

fl 21% for May, and $1 25% for June. After 'Change the
market further improved, with sales of No. 3 red winter at
*1 28 for May and $1 26 for June.
Indian corn was advanced on the spot, owing to the break in
the Krie Canal near Utica, and on Wednesday No. 2 mixed

I

B
S'

t0'O©0ll

xoi-^cc
"cc

— cr-M

WOl >-'-'

859 4 00 Wheat-

aud
4 2.5® 4 75

wheat extras..
do XX and XXX...

4 80ai 5 10
5 2.i® 6 30
485® 5 25

Winter Bhipp'^extras.
do XX and XXX...

xmoix

* ?!:
o.c

Weateni

5 409 6 75
6 25® 8 00
Western '-rye mix"... .5 403 5 65
City shipping extras. 4 90® 6 00
Southern, bakera* and
family brands
5 75® 6 75
Boiith'uship'g extras. 5 25® 5 65
Rye Hour, superfine.. 4 609 4 90
Corn mc^—
2 ooa 3 00
Western, &o
3 159 3 20
Brandy wine, *c
Patcnta

oi<io;^
V'Vo'to

GBAIN.

t>i>i.^ 2

Sprins:

o:

a

closing quotations:

FLOUR.
No. 2
V
Superftne State

-^

3 O

*».

growths, being wanted to some extent for the English markets,

a

c;no -^J

-.|>-OO0D

CTi^CO'^tKCOCJ'CCCOQt

CD® 00 cccooiioci:o©c

The wheat market shows a material decline in wmter growths,
to a falling off in the demand from the Continent. Spring

MtocD*
coM-q-

©WtOM

*'^©V'i»-i>'"tOM**.'hkon

efforts to

coc;*©.

tO"-*

p*';goco<CDtowto»-'^

owing

have been strong speculative

»0M»0*
«cc7f;

X©COl(»-

*qco©xc:-m^

to

firmer.

have been better supported, yet are somewkat lower.

lU

*».c;ttoM

from winter wheat were dull of sale,
ductions in prices. Patents have also been scarce and higher.

flour

©roccx

©

lo'tq'i^bt'

shipping extras also did better, but

To-day the market was dull and prices barely sustained.

•-* CJ»

-60

COM ;4
OiCCCD-lCO

00 01 CO CS 01 00
to *• I-"-' CJt

;

CO 01
to

CC-

to
X 01 o:
Jf
ODOl"
©

CO-" a: to

MM3;^cW'»*»"tOMrow

consequently there was a marked

these were found to be scarce

pJ-Jw'

to 05 01 to 10 - i_^^:dj3 o; 00

There was a

No. 3 spring, ^ bu.$l 15 «l
1 21
»1
No. 2 spring
Amber winter ... 124 « 1
Red winter, No. 2 127^91

White
No, 1 white

Corn— West, mixed

new
West, yeilow, new
West, white, new
Rye
W*08t*n No. 2»

Oats— Mixed
White
Barley— Canada W.
State. 4-rowed...
State, 2-rowed...

Peas-Can'da.b.&f.

17
23
28
28

120 »1 24

123^»1 24

53
53
57
54
dO
40
43 © 50
80 ®l 05
70 « 30
62 a 70
83 « 95
51

a>

52 ^ d
55 &
52 a
87 «
39 «

IHE CHRUNK^LE.

474

iFrom the " Ktw Xork Produce Exchange Weektt/.")
BMeipts of flour and grain at Western lake and river ports
for the week ending April 24, 1880
OaU, Barley, Rye,
Com,
WUoat,
nour,
(196

Ibd.)

44,311
32.949

llUwaukee

^Medo
4,075
2,085
24.016
4,100

Detroit

devoland
St. Louie

reoria
Italutb

bush.
buali.
bush,
(32 lbs.) (48 lbs.) (56 lbs.)

bush.

btisb.

bbls.

At—
Ghlaa«^>

(60 lbs.)

(56 Iba.)

105.633
60.740
255,329
106.206
15,300
105.129
4,295

505,830
31,833
427,108
11,510
36.900
263.560
261,200

1,316
9,000

2,613
1,138
1,800
8,960
88.179 38,988
153,450 11,500

Louis
Boston
Toronto
Montreal (15)....
Philadelphia
Peoria

5,950
8,475

Kansas City

625,977
564,960

652,632 1,537,941
895,267 1,824,678

111,536
Total
time "79. 108,719

70,809
65,438

for four years:

nour

.bbls.

Wheat

buih.

Corn
Oats
Barley
«y«...

24,771
75,984

1880.
1,779,657

1879.
2,094,418

1878.
1,911,139

1877.
1,355,325

13,089,451
40.430,966
0,772,232
1,999,705
681,706

17,786,224

18,157,452
23,479,232
6,342,521
2,302,336
1,243,041

5,225,301
20,585,863
4,507,265
1,807,717
673,519

23.24'i.798

7.144,004
1,911,296
914,698

Total grain.... 62,980,063 50,999,110
Total receipts (crop movement) at the
to April 24, inclusive, for four years:
1878-79.
1879-80.
4,838,974
4,106,483
bblB.
floar

Wheat
Oirn
Oats

75.473.884
84.938,596
21.185.666
9.866.584
3,633,691

bu»h.

Barley
atye
Total grain

....

195,098,424

32,799,670

51,525,082

same ports from Aug.

1

floor

73,874,990
63,313,193
23,101,104
8,953,042
3,871,011

1876-77.
4,009,017

61,642.7i3
58.568,848
18,754,078
8,781,696
3,219,858

34,618,286
59,335.769
15,553,050
7,873,367
2,531,003

150,967,223

173,116,370

.

bush.

•Oats....

Barley.
Sye....

Total ip-ain

....

1879.
2,181,115

1880.
1,522,217

bbls.

•Com....

119,911,480

1877.
1,298,527

1878.
1,909,980

9,053,868
28,317,378
5,037,854
1,216,880
572,863

11.477,828
15.617,392
5,136,905
1,601,152
616,666

16,265,408
17,130,979
3,049,270
1,296,968
951,810

4,038,048
13,220,248
3,113,240
1,100.106
381,411

44.193,813

34,479,943

38,694,465

21,862,053

Bail shipments from same ports for the last four weeks:
Wbe.1t,
Com,
Oats,
Barley,
Flour,
Week
bush.
buali.
busli.
bush.
bbls.
ending—
Apr. 24
Apr. 17
Apr. 10
Apr. 3

470,900
403,905
512.037
420,317

1,025.013 2.383,8.'>0

116.770
81,096
102.942
124,994

Ttotal, 4 w'ke. 426,102

940,573 2,275,(!24
1.514,070 5,471.394
2,185,550 3,213,295

58.005
82,286
83,906
88,120

»

• 13,344,163.

24:

A1^

bush.

bbls.

59,316
32,125
1,500
8.261

.

Boston
JPortland

Montreal
Philadelphia

9,7<'0

Baltimore

20,501
25,427

New Orleans

Com,

Wheat,

Flour,

Oats,
bush.

bush.

522,852 197,998
356.967
1,850
12,000
1,500

698.441
51.800
28,000
3.600
263,000
450.100
42,490

And from Jan.
«lour

bbls.

Wheat
•Com

busb.

Oats
Barley

«y«
....

1

Barley,

Rye,

buali.

bush.

18,150
10,500

19,044

500

1,5U0
1,000

180

1,170

811,200 90,400
186,900 11,200
517,185
5,977

Total week
150,920 1,518,7312,409.104 330,095
Cor. week'79.... 192.639 1,011,8502,448,711 375,082

Total grain

...

29,150
30,018

21,724
66,536
to April 24, inclusive, for four years:
1880.
1879.
1878.
1877.
2,703,188
3,260,200
2,729,733
2,147,189

10,178,535
41,167,966
5,806,320
1,353,160
351,283

25,364,887
33,315,904
5,902,434
1,320,102
987,430

19,822.119
32,491,913
4,527,823
2,001,025
1,259,622

1,873,763
21,825,108
4,320.278
987,329
331,756

64,857,204

66,890,757

60.102,502

32,338,234

Exports from United States seaboard ports and from Montreal
Cor week ending April 24:
Flour,

corn,
busb.

Oats,
busb.

648,039
418,869
10,000

3,880

49,837
27,600

9,557
13,157

118,656
509,901

524,806
500,796

696
500

Total for w'k 102,719

2,238,520

2,102,210

5,076

Froc^
NewVurk

bills.

52,230
27,775

Boston
Portland
Montreal
Phlladclpbla.

.

Baltimore

?Vheat,

bush.
1,582,466

Rye,
bush.
7,878

Peas,
bush.
2,336

7,260

7.878
9,536
»amo time '79. 110,357 1,812,899 2,523,767 3,150 62,087
21,446
The visible supply of grain, comprising the stocks in granary

t the principal poiQt<< of accumulation at lake and seaboard
ports, and in transit by lake, rail and canal, April
24, waa as
follows
Wheat,
Com,
Oats,
Barley,
Eye,
In Store at—

TJewYork

aHoat
Alb.any
Buflalo
Jttilwaukee

sbipraeuts..

canal (24)

Total Apr. ,24 "80. 21,494,865 12,747,937
23.002,047 13,969,947
Apr. 17, '80
23,838,359 15,877,570
Apr. 10, '80
24,382,845 15,163,948
Apr. 3, '80
24.226.709 16,698,.308
Mar. 27. '80
16,972,424 12,246,085
Apr. 26, '79

busb.
2,146,857

bush.

bush.

234,809

166,420

120,617

50,685

0,000
1,844,016

27,000
118,927
371,990
773

99,300
40,870
371,092
239,519

75,000
55,390

bush.

(est.)

1,500
1,303,766
8,542.582
l,loa,725

2,015,:; iO

17,437

Oats,
bush.

Barley,
bush.

65,386
3,426
2,500
83,075
13,130
23,050
131,471

5,283
3,607

1,458

240,000
4,111

46.000
12,683

Rye.
bush.

5,598

923

59,650
5,972

33,133

89,332
105,500
132,663

64

34i493
4,400
2,075

429,806
47,100
98,000

58,005

41,073

39',6'o6

8,400

1,909,549 1,21)2,978
2,085,255 1,350,585

495,376
544.070
637,073
690.543
680.498
972,603

2,233,.501 l,6fi9,178

2,709,185 2,033.927
2,993,794 2,227.583
1,865,490 1,616,400

THE DRY GOODS TRADE.
Friday, P. M., April 30, 1880.

The past week has witnessed a very
all

descriptions of dry goods

by no means

from

movement

light

in nearly

hands, and the jobbing

first

Manufacturers' agents repre-

active.

senting the best makes of domestic cotton and woolen goods

continued to hold such fabrics with a fair degree of steadiness

but

if

buyers had manifested

less

apathy

that slight concessions would have been

an incentive to more
lately

liberal transactions.

adopted by both wholesale and

it is

;

quite probable

made in some cases as
The cautious policy

retail

buyers seems to

indicate that (despite the active business that has been in progress for

some months

past) stocks are

suance of current trade, and

mand

little

still

ample for the pur-

beyond a hand-to-mouth de-

therefore anticipated in the immediate future.

is

The

most important feature of the week was a material reduction in
the price of certain makes of printed calicoes controlled by a

at very

low

bush.

83.2'2S

46,431

but buyers failed to respond with the ex-

figures,

pected alacrity, and the result was not satisfactory.

Domestic Cotton Goods.

—The

week ending April 27 were
lows

:

China, 1,294

Brazil, 140;

Receipts of flour and grain at seaboard ports for the week

euded April

On

Cora,
busb.

270,000
238,000
430,291
514,385
308,926
6,558
170,000
50,000
287,256 1,200,778
55,712
291,129
326,514
143,616
36,500
167,421
349,340
10,976
316,697
66,700
100,900
222,970
144,518
795,000
810,810
103,102
509.918
981,941 3,273,932
990,000
184,060

XX a.

leading jobbing house. These goods were placed on the market
Rye,
bush.
41,073
42,298
148,301
42,232

312,317 273,907
399,013 247,503

5,005,842
1,879,255
4,021,723 6,021,1831,494,432

4weeka'79.. 514,781

•«bic.i«o

Baltimore
Rail shipments...

trade was
1877-78.
4,683,533

Comparative shipments of flour and grain from the same
porta from Jan. 1 to April 24, inclusive, for four years:

I>o.

St.

Indianapolis

Total receipts at same ports from Jan. 1 to April 24, inclusive,

Hew York

Detroit

Oswego

6,946
8,962

326,951
28.900
18,399

Wlicat,
busb.

at—

Dulutb
Toledo

Lake

Samo

Wheat

In Store

[Vol.

;

exports of domestics for the

2,567 packages, distributed as fol-

Great Britain, 480; U.

S. of

Colombia, 199;

Argentine Republic, 93; Japan, 90; Chili, 77; Hayti,

62; Mexico, 51; &c., &c.

The main

features of the cotton goods

market are unchanged, the demand having been comparatively
light,

and prices

fairly steady

on such fabrics as were not

advanced to unreasonably high figures some time ago. Print
cloths continued dull at a further decline, and the market
closed nominal at 4M@5c. for 64x64s and i%@4)4:C. for 56x60s.
Prints were very quiet in first hands, and while agents' prices
were unchanged, some standard and 56x60 makes (controlled
by jobbers)- were reduced to 6^e. and 5Mc., respectively,without 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 transactions were light in the aggregate. There was, however, a fair
movement in fancy cassimeres, cheviot suitings, worsted coatings, overcoatings, &c., in execution of former orders, and
stocks are so well in hand that prices ruled firm on all fabrics
of a strictly desirable' character. Kentucky jeans were veryquiet, 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.
Transactions in carpets were chiefly confined to making deliveries on account of old orders, but prices ruled firm and
unchanged.
FoEEioN Dry Goods. There was a very moderate inquiry for
imported goods at first hands, and the jobbing trade was less
active than of late.
Silks were quiet, but there was a steady
demand for black and colored satins. Dress goods moved

—

—

most staple fabrics are steadily held. For
other descriptions of foreign goods, the demand was mostly of.
a hand-to-mouth character.
slowly, but the

•

J

May

THE CHRONICLE

I860.]

1,

Imporlatloun of Dry Uood*.

The importations of dry goods at this port for the week ending
April 29, 1S80, and tot the corresponding weeks of 1879 ana
1878, have been as follows:
NTKRED FOlt CONgUMFTIOW FOB THE WEEK ENDINO APRIL 29, 1880.
1879.

1878.
Pkgs.

Manufactures of—
Wool

363
711
530
837

Cotto«
Hilk

Flax
Mlucellaneous
Total

Pkgs.

Value.

1880.

Pkgs.

Value.

5,954

123,825
184,938
329.780
101.657
105.803

1.060
5,024

8,395

906,063

7,502

$

268
726
418

104.509
205,422
303,890
197,873
124,677

Value.

1,443

273 944
498.352
503.980
277,491

947

102,371

1,728

824

936,371 6,670 1,710.017
AND THROWN INTO THE MARKUT DUR-

WITHDRAWN FKOM WAREHOUSE

ISO lUE SAME l-EKIOD.

Manufactures of—
Wool
Cotton

249
158
63
289

Flax
MUcellaneous

1,552

90.008
56,265
41,386
58,365
47,045

Total
Ent'd f orcoiiuumpt.

2,311
8,395

299,069
906,063

BlUt

Total on market

236
198
3,408

98.459
50.516
52,588
50.121
40,608

4,150
7,502

292,291
936,371

62
252

182

70.805
46,804
9 1 ,409
02.599
57.609

1.53

98
255
5,208

5,956 329 286
5,670 1,716,647

10.706 1,205,132 11,668 1.229.662 11,616 2,045.933

. .

B«eeipts or LeadlOK Articles of Domeatle Produce.
The following table, ba.sed upon daily reports made to theNew York Produce Exchange, shows the receipts ot leadingarticles of domestic pn^uce in New York for the week endii^
with Tuesday la.st (corresponding with the week for ezport8>
also the receipts from January 1, 1880, to that day, and for the
corresponding period in 1879:

$

728

475

ENTEKEE FOR WAREHOUSE DURING SAME I'KRIOD.

Week endlns
April 27.

Ashes
Beans

wheat

Flour,

Com meal
Wheat
Rye

Com

Oats
Barley and malt
Peas
Cotton
Cotton seed oil
Flax seed
Grass seed
Hides
Hides

Wool

276
149
65
307
4,357

3,752

69.613
54.435
65.912
57,424
67,236

5.154
8,395

276,881
906,063

4,414
7,502

314,620
936,371

Silk

Flax
Miscellaneous
Total
nt'd forconsumpt.

IGO
152
81
269

92,715
33,584
51,102
59.359
40,121

557
331
208
866
179

220.665
103,546
184,688
211,714
37,257

2,141
757,870
5,670 1,716.647

port...

tlie

1

3.540 1,182,941

U.9I6 1,250,991

7,811 2.474.517

Import* of Leadinz Articles.
The following table, compiled from Custom House

returns,
Bhows the foreign imports of leading- articles at this port since
January 1, 1880, and for the same period in 1879:
ITli'j quantity is >;lven in packages wlicn not otherwise specified.
|

'

1880.

1879.

China

Earthcnw

4,763
16.316

.

Glass
Glass plate.
Coal, tons...

Cocoa, bags
Coffee, bugs.

Cotton.bales

.

Tea
11,889
8,440
2,04O
24,173

.

Gum, Arab.
Indigo

3,171

Madder, &c
OU, Olive..

697

Opium

507
5,602
20,787
24,081
2,622
4.413
1.414
5,550
76,899

Flax
Furs
cloth

Hair
UiduH,

bales

Ac-

Bristles ..
Hides, dr'sd

India rubber
Ivory
Jewelry ,&c-

2,523 Fruits,

Ac-

500

Lemons

1,487
72.307

Oranges
Nuts

..

830

Ginger..

924
205

Jjinseed
Molii-siJes

..

Salti>ctre ...

190.993 Wood.*—
19,785 Cork

25,871

MetiUs, Ac—
Cutlery
Hardware...

478

698,979
350,607
21,134
171

40,803
43,978
55,976

23,871
39,511
11,549

555,391
28,886
317.779
154,270

447,280
22,275
246,574
135,812

420,840
991,491

237.956
897.734
253,568
329,040
3,857,773
31,969

325.2.53

Pepper

1.-15

2,.577|

471

Fustio
Loj^'wood

..

Mahogany
Exports of Provisions.
178l

4,177,052
40,457

1,001,332

28.461
222.088
188,578

124,058
60.244
194.121
121,400

219,408
15,679

172,912
60,038

296,98!)

294,29.'i

69.700

02.919

'

339
142,219

.

.

. .

3,942
452,360
24.587
397.971

194,788

Kaisins
472,882
459 Hides, undr. 10,136.753
1,560' Rice
75,583
16,506i Spices, Ac.—
378 (Jassia
87,431

1,195

.

rm,

30S| value.
6.465 Cigars . .
2l.674i (?urk8
21.093; Fiimy goods
933! Fish

1,075
3,012
28,484

,

Jewelry ..
Watches

.

15,012

.. ..

Hemp,

-

1879.

11
ine following
are the exports of provisions from
•

i-

New York.
Portland and New

Boston, Baltimore, Philadelphia. Montreal.
Orleans, for week ending April 24, 1880, and
their distribution

To—
London
I,ivcrj)ool

Beef,

Lard,

bbls

Bacou,

bbls.

Cheese,

Tallow,

lbs.

lbs.

lbs.

Ib.s.

790

2

2,481

2,476

"64

Rotterdam
Hunihurg

218
58
51
41

.

.

Bremen
Antwerp
Denmark
Havre
Marseilles

...

Swede &Xor.

102
150
287
53
50
50

32
15

187,225
410,475
2,372,733 11,383,215
490,500
7«6,700
133,400
357,200
51,000 1,248.475
191,030
491,250
1,850,4.58
47.225
1,192,762
118,750
1,186.9(0
319.675

352,000

758,100

1,539,079

2f<3,746

240,000

11.873
617,500
401
5,339

11

Brazil
CentnilAnier.

Arg.Republic

Mexico

Am. iwrts
Cuba
8.

.

Hayti

W.

I.

ports...

B. N. A. Col
Oth'r countr's
.

Total week

..

16

5
17

54,290
111,210
23,160
3,387
56,575
715,343
20,393
172,030

232,130
12,100

1,876

1,000|

400

3,230

12.586

6,445
3,058

31.171
3,306
1,120
28.038

6,571j

1.250

238

3,451

4,316lll,657.243ll7.103.828ll,055.539'l.87>'.lll

782
19
1,424
8,735
2,255
117
100,907
1,691

Bomatiiii*
la«t year.

1,486
19,409

2,432
27,73»

1,284.324
32,701
6,673,076
196,275
11,822,758
3,227,100
1,404,679
189,069
869,241
14,799
3,933
60,153
54,414
19,896
6,113
1,239,590
49,723

1,708,17S
59,913
12,861,87»

429.04a
0,414,4M
2.805.1

1424)12:
34U.3I2:
10.861

2,98»
88,018
71,240
33,903
22,60^

754

41,674

1,337,664
390,1164,941
74.938

2,288
1,557
108

1,420
20,914
101,353
8,007

16,212
19

866
209,594
1,687

91,04»
10,32e

545

bbls.

Turpentine, crude.... bbls.
Turpentine, spli-lts. . . bbls.
Rosin
bbls.

Tar

bbls.

bbls
pkgs.

Oil cake
Oil, lard

on, whale
Peanuts
Provisions—
Pork
Beef
Cutmeats

bbls.
galls.

437
17,5 3&

95»
176,341

8,077

bush.

1,201

41,518

45,69>

pkgs.
pkgs.
pkgs.
pkgs.
pkgs.

5,858

36,105
12,871
610,342
319.225

120,76*
17,054
704,57»
361.062
318,84%
181X)63
300.29 k
17.722
4U,8(»
15,49a

.

Eggs
Lard

900
47,967
24,043

bbls.
tes.

A bbls.
kegs.

Liard

Hogs, dressed
Rice
Spelter
Btearlue

Sugar
Sugar
Tallow
Tobacco

1»

1,360.21»

Naval Stores-

No.
pkgs.

14.tiS9

140,.520

18,715
24.183
2,673

228,363
220,803
45,009
40,672
30,121
19,956
5,658
71
7,166
36.256
56.017
18.061
112,967
7,76»

slabs.

i,421
4,084

pkgs.

449

bbls.

129

hhds.
pkgs.

boxes

1,853
8,018
1,258
7,301

A cases.

Tobacco.

hhds.

Whiskey
Wool

bbls.
bales.

193

35,a5B:
12,30!&

99»
26,203
'42.91»
41,772
14,»a»'

118,721
14,94iS^

Bzports ot Leading Articles of Oomestlc Produce.
The following table, based upon Custom House retum.s, show*
the exports from New York of all leading articles of domestie
produce for the week ending with Tuesday la-st; also the export*
from the 1st of January, 1880, to the same day, and for the corre.sponding period in 1879:

Weekending Since Jan.
April 27.
Ashes, pots
Ashes, peai'ls

bbls.
bbls.

Beeswax

31

lbs.

Breadstuffs—
Flour, wheat
Flour, rye

bbls.
bbls.
bbls.

Corn meal

Wheat
Rye
Peas
Corn
Candles

bush.
bush.
bush.
bush.
bush.
bush.
pkgs.

Coal
Cotton

tons.
bales.

Oats
Barley..

Domestics

pkgs.

Hay

bales.
bales,

Naval StoresCrude turpentine
turpentine

Rosin

Tar
„Pitch
Oilcake
Oils-

Whale
Sperm

62,497

40
3,397
1,628,829
20.000
2,846

2,116
339,182
1,240

577
15,754
2,567
1,623

bbls.
bbls.

467
3,441

bbls.

437
278

cwi

33,985

3,889,302

Pork

bbls.

3,440

Beef
Beef

bbls.
tierces.
lbs
....lbs.

886
946

1,000
17,173

143

Provisions

Cutmeats
Liird

:

.;.'..

lbs.
lbs.

Rice
bbls.
Tallow
lbs.
Tobacco, loaf
hhds.
Toburco
bales and cases.
Tobacco.manufactured. lbs.

Whalebone

1

Samotline
last ycur.

497
73

72T

41,771

13,02&

1,135,106
1,469
52,305
13,310,491
651.772
56,815
251,630
142,162
10,519,599
19,557
19,718
137,181
29,567
29,848
1,843

997,8552,861
57.6!tO
13,793.161

4S

1,0!»9.57,1

13.3.573

80.J0O
IID.UOS
0,2 19.388

22.:m«
2»iS5.
47.123
22,8.">»

10,751

lbs.

9,934,434
336,609
624,637
7,046,366

633
1,860,983
1,005

897
67,6.33

lod

3,174
72,911
2,241
1,919
581,979

288

gals.
gala.
gals.
gals.
gals.

Butter
Cheese

1880.

bWs.
bills.

Lmseed

3.331
1,149

11,360

hhds.

Petroleum
419,953

bales.

420

sides.
pigs.

Jjird

94
7,304
5.734
5, 120
47,344

245,500
452.627
51,700
355,000

55,8.'.8

bales.
bales.

Molasses
Molasses

Siilrits

179,640
660,600
110,820
64,600
18,000

bush.
bush.

No.

Lead

Hops

Pork,

Gl.IHgOW
Bristol
Caidiir

:

67,655
4.090
062,239
9,040
818,528
295,402

bbls.

Batter
Cheese

199,879
423.942
29,011

15,157 Tobacco
5,200 Waste
1,053 Wines, &0.—
19,157 CUamp'gne
1,745
baskets
2,132 Wines
1.346 Wool, bales.
10,091 Reported by

3,393

Boda, bl-cb.
Soda, sikl...
Soda, ash..

Ounuy

2,871,070

10,233 Sugar, hhds,
10.679 tcs., <!£bbls.
727,189 Sugar, boxes
5,281 and bags.

1,928

Drugs, &o
Bark, Peru.
Blea. powd.
Cochineal

27.05.

Siielter, lbs

Steel
153,282
Tin, boxes.
558,367
1,715 TinsUis.,lbs 12,273,588
3,999 Paper Stock.
99,746

2,073
5,350
10.075
15,737
781,856

Buttons

Gambler

12,472
79,157
9,561

192,4.'>1
1 1,869

Glassware

1880.

Metals, Ac3.664 Lead, pigs

China, &c.

bbls.
bbls.

bags.
bags.

Pitch
Total at

1,828

bush

lyeather

Cotton

138

bbls.

bush.
bush,
bush.

Hops

Manufactures of—

libls.

BreadstulTs—

Stnoe Jan. 1,
1880.

3.191

65.688
2,495
1.950
601,833

62,314
197,994
11,017
83,937,798

61,088
35,70»
351,98»
3,340
51.413,74S

79,025
18,159
22,445
192.520,018

89,207
16.000
22.804
251.2,30.2!>O

5,847, ir.l
13,8tiO,433

9,782,780
29,974,368

98,439,420
4,724
24,934,442
22,126
15,125
2,258.472
42,301

5,821
25,487,353
17,663
8,907
2,377.249
19,778

98,460,3i»tt

.

THE (^HKONICLE.

476

&

Kennedy

S.

J.

Co.,

No.

MontaRue & Clinton

Kenr Ifork.

BDY AND SELL
JUILROAD INYESTUENT SEOVRITIES ;

is

mlnistratur.
*
»
^^
.
It can act as aaent in the sale or manai^ement of
real estate, collect interest or dividends, receive
and
retristry and transfer boolts, or raaite purchase
sale uf Government aud other securities.
ReiiKJous and churiluble Institutions, and persona
unaccustomed to the transaction of business, will
Hnd this Company a safe and ccmvenient depository
RIPLKY HOPES, President.
for money.
lor
CHAS. R. MArViN, Vice-Pres't.
,

BROKERS IS

Brooklyn, N. Y.

sta.,

authorized by special charter to
act as receiver, trustee, guarclian, executor, or ad-

This Company

WILLIAM STREET,

63

The Brooklyn Trust Co. Hilmers,McGowan & Co
Cor. of

Bankers aud Merchants,

,

Collect Coupons and Dividends
EdQAR M. C0LLEN, Counsel.
TRUSTEES
NKQOTIATB LOANS AND DRAW BILLS OF Wra. B. Kendall, Henry Sanger, Alex. McCne,
Chas. B.Marvin. A A. Low,
John P. Rolfe,
EXCHANGE ON LONDON.
Thomas Sullivan. Abm. B.Baylts, Henry K.Sheldon
Martin,

Foreign Exchange, Stocks and Bonds,
63 IVall Street, Nenr York.
(P. O. Box 2.847.)
Special attention paid to the negotiation of

mercial

bills.

J.

C.

:

the Construction and
of KoWroads undertaken.

Equipment

Dickinson
No. 43

Bro's,
BANKERS,
Exchange Place, New Tork.

Stocks, Railroad Bonds, Governments, and all Seeurities dealt in at the N. Y. Stock Exchange, bought
and sold, either for investment or on margin.
Have been connected with mining since the discovery of the famous Comstock Lode, and also

H. K. Pierrepont. Dan'l Chauncey, John T.
Alex. M.White, Josiah O. I>ow. Ripley Ropes,

Edmund W.

Austin Corbin.

\VM. R.

All kinds of

Give

price paid for them.
address,

134 N. TUlrd street,

No. 29 Broad Street,

58 Broadway, cor. Exchange Place,
TRANSACT A GENERAL BANKING BUSINESS,
INCLUDING THE PURCHASE AND SALE OF
STOCKS AND BONDS FOR CASH OR ON MARGIN. BUY AND SELL COMMERCIAL PAPER.
Box

D. A. BOODY.

447.

W. McLellan, JB.

C.

Reuben Leland.

Jr.,

Dealer in Investment Securities.
Special attention given to Defaulted Railroad and
Municipal Securities of Illinois, Kansas, Missouri,

Oorresiiondence

given on
JAB. L.

all

solicited
classes of bonds

and
and

Anthont, Member N.

Henry W.

Poor.

JAS. H. Oliphant,

&

Wadsworth,

WALI. STREET,
BANKERS AND DEALERS

BONDS

AlVD

Member

full

information

stocks.

Y. Stock Exchange.

N. Y. Mining Exch'ge

ANTHONY, POOR & OLIPHANT,
BANKERS AND BROKERS,
No. 19 Broad Street, New York,
And 83 DeTonsblre Street, Boston.

IN

C.

H. Smith,

BBOAD

No. IS

ST.,

NEW

YORK.

RAILROAD SECITRITIES
(An Intimate Itnowledge of

all

for the past 10 Yean

A SPECIALTY.

"' Dealers wishing to buy or sell are
iJ'^y^i*^" e<>n"nunicate.
State, Municipal and
ffj..**" \?
Coupons bought and sold at best

WM.

Sheldon.

STOCKS

H. KI.MBALL,

B.

and

Wadsworth.

BONDS

liold

SALES

SSk Y^t°

N. T.

Beers, Jr.,

of all classes of

STOCKS AND BONDS
ON

WEDNESDAYS AND SATURDAYS.
inVL.L.i:R
SON,
No. 7 PINE STREET, NEW YORK.

&

H. W. Rosenbaum,
Kzcbange Place,
BUYS AND SELLS
RAILROAD BONDS AND STOCKS.
ALL CLASSES OF INVESTMENT AND MIS
61

Correspondence solicited and Information cheer.
fallT famished.

D. Probst & Co.,
J.
STOCK AND BOND BROKERS,
bzchanos place, new york.

Stocks, Railroad Bonds, Govxknmknts, and
Miscellaneous Secubitixs, bouqht and Sold.

&

Co.,

JROORIYN SECDRITIES, CITY BONDS,
eas stocks, ice.,

BANKERS

HAS BEHOVED TO

CXXTTON COMMISSION MEBCHAiraS,
34 PINE STREET,

Ha.
-JU»l,187t.

I

NEW STREET,
KKWTOB*.

Co.,

Members N. Y. Stock Exchange,

NEW

ST.,

But, Sell and Carry on Margins
All Seenrltl«8 dealt In at the Exrliange

&

H. Latham

J.

Co.,

BROKERS IN

United States; Chicago, Cincinnati, St.liOuls,
District of Columbia Bonds,

AND OTBBH

INTESTME^iT
52
J.

SECURITIES,

WILLIAM STREEr.

H. Latham.

F.

Buttrick

&

W. Pbbby.

Elliman,

BANKERS ANB BROKERS,
No. 2 Nassau Street, Nenr York.
BONDS, STOCKS and INVESTMENT SECDRITIES
BOUGHT AND SOLD UN COMMISSION.
C. A.

Buttrick, Member of the N. Y. Stock Exch'ge

Wm. Elliman. Memeer of the N.Y. Mining Exch'ge

UNION TRUST CO.
OF

NEW

YOKK.

No. 73 BroadTray, Cor. Rector St.

CAPITAL,

-

-

-^

.

•

$1,000,000.

HAS SPECIAL PACILITIBS FOR ACTINa AS

Transfer Agent and
Regristrar of Stocks.
at Executor, AdmlnlatnOaardlan, BecelTer, or Trustee, and Is a

AnthorUed br law to act
tor,

LEG A I. DEPOSITORY FOR MONET.
Interest allowed on Deposits, which may be made
and withdrawn at any time.
N.B.— Checks on this Institution nasi through tM
EDWARD KING, iVMideiU.
Cloarlng-House.
J,

M. MoLsan, 1«( Vice-PreiiderU,
Vict.J^atdent.
.J. H. OoiLTiK,

M

AMD

New T*A»

&

Howell, N. P. Hendehson,

FOREIGN EXCHANGE,

REGULAR AUCTION

Dodge, Potter

J. P.

BROADlVAir AND 17

68

At Auction.

no. 62

flriii •

Foote,

Kimball, Howell
C.

CHANGE A SPECIALTY.

Fred.

&

Hatch

vances made on same.

Buy and Sell on Commission all Securities
curkent at the new york stock exchange. CELLANEOUS SECURITIES NOT ACTIVELY
ALLOW Interest on Deposits. Make Advances
DEALT IN AT THE NEW YORK STOCK EX
OH Approved Collateral.

BANKER AND BROKER,

fork.

sonal attention to all business entrusted to the

STOCKS.

All classes of nejrotiable securities bought and
sold at the StoclE Kxchange on Commission. Ad-

ADRIAN H.

owa and Nebraska.

New

Mr. J. M. Dralte has been a member of the Nel?
York Stock Exchange since 1832, and will pive per-

ITork.

10

The Undersigned

Orders executed at the Stock and Mining Exchanges.

DREXEL BUILDrNQ,

22

Tl^all St.,

Investment Securities. BANKERS, No. 12 TV^ALI. STREET,
P. O. BOX 2.647.
BtJY AND SXIX
WATLAND TRASK. H. J. MOUSE. GOVERNMENT BONDS, STOCKS AND MISCELLANEOUS SECURITIES,

Sheldon

NEW YORK,

ST.,
(Drexel Building)

AND

21

Sell

A. M. KIDDEB.

BANKER AND BROKER,

BROAD

& Co.

BUY and SELL RAILROAD STOCKS and BONDS,
OF WALL STREET AND BROADWAY, U. S. GOVERNMENT, STATE. CITY, and ail otkef
NeKotlable Securities, ON COMMISSIO.N.

Wm.

F. Zebley,

I

(AJ Co.
BACKERS,

Buy and

Co*

GO VERNMENT AN I> N VESTMENT 8ECURITIE&
BUY AND SELL ON COMMISSION,

BANKERS,

New

&

Xo. 3 Broad Street, Drexel Building.
DEALKRS IN

Mo.

Transact a General Banking Business, including
the purchase and sale of STOCKS and BONDS lor
cash or on margin.

BANKERS,

Co,,

BANKERS,

yamesM. Drake
COR.

6

St. I.oais,

&

Clinton B. Fisk

For cash or on margin, all securities dealt In at the
New York Stock Exchange. Brokers in State, Railway, Municipal, Mining and Miacellaneous stocks
and bonds.

Stock Exchange.

John

full description, antf

A.

CO.,

Transact a Genenl Banking Business, buy and sell
on commiBSion all securities dealt in at the New
Yorli, IMiiladelphla and Boston Stocit Exchanges,
either for cjish or on margin.
Special attention
given to Mining r^tocks.
Jos. C. Walcott.
Frank F. Dickinson,
Members N, Y. Stock and Mining Exchanges.

Highest market

COarARD,
BANKER AND BROKER,
I,.

Howard C. Dickinson,
Platt K. Dickinson,
Members N. Y. Stock Exchange and N. Y. Mining

P. O.

Secretary.

MISSOURI and ILLINOIS BE-

FAULTED COUNTV BONDS.

pioneers in the celebrated Bodie district, In which
are located the "Standard," " Bulwer," "Bodie,'
and other well-known mines. Letters and telegrams
from these districts received daily. Orders execsted direct at the San Francisco Stock Exchange

iSoodtft

C<trUe8.

BUNKER,

W^ALCOTT &

Com-

BANKERS,

;

All business relating to

XXX.

Financial,

Financial.

Financial.

Vol.

I

BXECDTIVE COMMITTEE.
M. MoLSAN,
AtreusTcs Sohjuj.

J.

K. B.
6. Q.

WnsLBT,

SaKTJBL WilLKTS,

Wm. Whitkwbi«ht,

Obo. Cabot

Wau>

G. D. Wood.
WiLUAXs,
X, O. RONAIiDSON, SecretMT*

1

May

THE

1, 1880. J

WMtem

Boston Bankers.

Flnanelal.

&

A. H. Brown

(THRONICLE.

Co.,

&

Chas. A. Sweet

BANKBBS AND BIIOKEBS,
T Wall St., Cor. New, New York.
INVKSTMBNT SECURITIES.

Co.,

IN GOVEBNMBNT BECUR1TIE8
County and Railroad Bondi.

DEALERS

John

New

Wall

8

A SPECIALTY
Investors or
dealers wlstilng to buy or sell are Invited to communleatQ wltb us.
Member of tbeNew York stock Exctaanee.

&

Swan Barrett,
BANKERS AND BR0KEK8
ZOO middle

POHTI.AND,

NEW YORK.

and Coupons

BA^XKINO

:

Honorable William KEawicK (of Messrs. Jardine,
Matheson & Co.), Chairman.
Alex. MclvEK, Esq.fP. &O.Co.),Deputy Chairm'n.
W. U. Kijrbes, Esq. (of Messrs. Russell & Co.)
K. R. Beiilios, Esq., Merchant.
F. I>. Saasoon, Esq. (of Messrs. David Sassoon, Sons
&Co.)
H. Hoppias, Esq. (of Messrs. Siemssen & Co.)
Wilhelm Reiners, Esq. (of Messrs. Melchers & Co.)
L. Dalrymple, Esq. (of Messrs. Birley

No. 3S

street.

Haiphong,

Bombay,

Hanos,
Hiogo,
London,

Calcutta,

Foochow,

I

Hankow,
I
I

I

San Francisco,

Ningpo,

Swatow,

Saigon,

Yokohama.

Shanghai,
Singapore,

I'ORATioN, 31st December, 1870

Cash

Government

securities

Bills discounted, loans

BUS

and credits

receivable

Bank premises
Dead stock

CASH

04
09
20
33
17
00

„.
X,
Cr.
LtaMitka.
Paid-up capital
$5,000,000 00
Reserve fund
$1,400,000 00
Marine Insurance ace'nt.
132,349 27— 1,532 340 27
Notes In circulation
2,399,311 89

Deposits
22,5ol,980 00—84,961,271 05
Bills payable (including drafts on Lond(m bankers and short slKht drawings on our Ijondon ofllce against
bills rec'vahlo and bullion shipm'ts) 20,331,732 24
Profit and loss account
818,881 39

AOKNTS FOR
mills, Chloopee nii)[. Co.
Burlington Woolen Co.,

Ellertou

BOSTON.

Jackson

&

New ITItllai,

Atlantic Cotton mtiln,
SaratogaVictorjrmrg. Co., ocean nuTla
AM*
Hofntery, Slilrts and Dranrera
From Various Mills.
NEW YORK,
BOSTON,
13 & 45 WHITE STBEKT,
15 CHAUNCEY street
PHILADELPHIA,
J. W. DAYTON. 230 CUESTNUT STKEBT.

EXCHANGB PLACE,

No. 7

Curtis,

SIMinONS' B U

I

DIN

I.

&

G,

&

And

Co.,

"

and

s

Information

.

COBEESPONDKJITS— McKlm Brothers

Wm.
And

&

Fisher
BANKKRS.

A Co.

Sons,

George A. Clark

Dealers in OoT<ernnientfl,Coiu, &
InveHtnieut Securities,
2 SOUTH STREET

B A liXIinOKE,

ITIB.

PardmH

and Bell Governments and Coin.
Gold constantly kept ou hand for the supply of Mer-

chants, for duties.

BondB and Securities of every description bought
and sold on Coramleslon Orders, vlilch have dlrwct
personal attention.
EBpcclal attention Is given lo Investment Securities
of ttie higher grades, quotations for which are furnished as required.

Corresponaence
tb.

&, BGRBU88, Preset.

First

miLTITARD'S HELIX NEEDLES.
400 BROADWAY. NEW YORK.

solicited.

A. K.

Russell

Wauub, Cashier

UriLSIINGTON, N.
nude on

all parts

&

C,

of the United States

Thos. P. Miller

&

Office, 44

A. L. Pierce

Co.,

Central Street.

&

Co.,

& Real Estate Asents
VICKSBVRG, MISS.

BANKERS.

ClTil Enfffneers

mOBILE, ALABAKIA.
Special attention paid to collections, with prompt
remittances at current rates of 'Exchange on day of

parment.

Correspondents.—eerman-AmerlcaD- Bank, New
York Louisiana National Bank, New Orleans Bank
of UTorpool, Uverpsol.
;

Co., China,

COMMTSSIOX MERCHASTS AND BHIP AGENTS,
Houff Kong, Canton. Amey. Foschovr, Shano*
faal and llnnko^v.
Agent In America, 8. W. POMEROT, Jr.
New York Office, 59 Wall Street.

National Bank,

Boston

York.

& Bro.,

OppoaJTB Second St.

THOS. p. MILLBB, B. D. WILLIAMS, JNO. W. MILLIB
CHAS. B. MILLSK.

New

STRIPES."

Also, Agents

Cnlted States BnntlnK Companr.
A (nil Bnppl7 all Widths and Colors always In stock.
No. 109 Dnane Street.

fur.

alshed,

N. i

AWNING
"

and VIRGINIA 8SCCRITIBS

kinds of

all

COTTON CANVAS, F8LTING DUCK, CAR COVER
ma, BAOGINO. RAVBNB DUCK, BAIL TWIN US
AC. " ONTARIO SKAMLE8S BAOS.

BALTIM<ORE.
solicited

In

COTTON S AILDUCK

Southern Bankers.

Correspondence

Co.,

Uanafacturera and Dealers

Boston, Mass.

Wilson, Colston

Turner

Brinckerhoff,

STOCK BR0EBR8,

Cnlleetion*

No. 11 Old SUp,

KENTCCKT.

Wasblnston

H. Peck,
BANKER AND BROKER

$52,134,234 85

NEW YORK AGENCY:
No. SO W AJUIa street,
JOHN WALTER, Agent.

CAPITA1,:»!!00,000.,

E.R.Mudge,Sawyer&Co

Board

:

t7,880,017
3,52M,019
13.178,839
27,211,364
220.150
106,835

Co.,

Commercial Cards.

Commeiclsl

ipecialtT.

$52,184,234 85

.,„..,

W. Norton &
LOiriSVILLE,

F.

Assets.

X>r.

Co.,

BANKING HOVSE OF

CONGRESS STREET,

OIVBBTMKNT

Half-Yeahlt Abstract of Assets and Liabii -,
itieshong kong& shanghai banking cor"-

&

Eustis

CINCINNATI, OHIO.

BANKERS ANi> BKOKBRS,

Manila,
Nagasaki,
New York,

Township

BROKERS.

Investmeat Securities constantlr on han4.

Dunconson, Esq. (af Messrs. T. A. Gibb & Co.)
Albert Deacon. Esq. (of Messrs. E. & A. Deacon.)
Manager ix London— David McLean.^
Sltb-Manaoek in I,ONl)iix— William Kuyc.

Araoy,
Batavia,

George

St.,

Auctions, and Private Sale.

E. K.

HEAD Office- HongKong.
BRANCHES AND AGENCIES:

State, Conntr.

gaper.

"

London Bankers— Tlie London & County Bank.
EDINBURGH AGENTS— Messrs. J.L.Hill & Co., W.
8.. 4a Frederick street.
Olabgow Agent— H. D. Matheson, Esq., 157 West

Oovcmment,

Boaton, mass.

& Co.)

W. 8. Young, Esq. (of Mes-ws. Oilman & Co.)
API)n)OKS— H. B. Gibb, Esq. (of Messrs. Gibb.LlvinKston & Co.), and Hon.
iuKston
Hi
Phineas Ryrle (of
Messrs. Turner & Co.)
CHIEF MANAQEK— Thos. Jackson, Hong Kong.
COMMITTEE IN LONDON
A. H. Phillpotts, Esq., Carshalton, Surrey.

George

sell

and Municipal Bonds. Coupons collected, kissoarl
Bonds a speclaltr. Foreign •zcbaoge bougM and sold

Co., G.

Orders executed on Commission at Brokers

TIOX.

Incorporated by special ordinance of the Legislatlve Council of Ilong Kong, JJOth July, 1867, and
confirmed by Her Majesty's Government. Capital,
»5,000,000, In shares of $125 each, all paid up. Reserve fund, »1,500,0()0.

II.

&

Dealers In Stocks, Bonds, Oold and

COURT OK UIRBCTORS— HonR Konn

Bar aad

BANKEB8,

Shanghai

€ORPOR

No. 305 Olive Street,

Geo. H. Holt.

Balloit.

JTIAINE,

Co.,

BB0KEII8,

BOSTON.

Brewster, Basset

Dealers In Government, State, County, City and Kailroad Bonds, Bank Stocks, &c.
Desirable Investment Securities constantly on band

Hong Kong &

BANKERS AND

RA1L.ROAD and mVNICIPAL
SECURITIES For Sale.

Wm.

Geo.

Street,

&

Keleher

F.

Deposits Beoeived and intibbbt Allowed.

Cbolce

"

ST. LOUIS, mo..

72 Devonahlro

Street,

Waucbb

$T5,000.

"ankers,

Ifork City,

SOUTHERN SECrRITIES
State, Municipal and Hallway Honda
bought and sold at best market rate)t.

P.

Geo.Wm.Ballou&Co

BK0KJ;B,

~

(PAiD-a)

BOSTOIV

Manning,

No. 14 Wall Street,

Stackpole,

DEVONSHIRE STREET

No. 68

C. T.

8dbpld»
8{,000.
Prompt attention Klren to all bnslaau la car line.
N. Y. CoBBUPOKDiNTs, Donnell. Lawaon * Co. and
be UefoDollUn National Bank.

BANKERS,

BROAD STRBET.

BANKER AND

&

Parker

Smith,

I

M. i

IncorporMed

LITTLE ROOK, ARK.
CAPITAL

BANKERS AND BROKERS,

B.

I

BaalMi

STATE BANK.

German Bank,

KDWABD I'OMEROr, W.E.COX.JU., OSCAR D.SMITU.

No. 37

rrasldeat.

BANKKBS

State, City,

&

(

40 STATE STREET, BOSTON.

Special attention to businOBB of country bank.s.

Pomeroy, Cox

a r. PXKZKL,

;

,

i
I

I
'

Purchase, sale, entr* and redecnptlon of lands and
for non-residents attended to.
nformation as to value and local advantage of
lands furnished. Our field of operation embraces
the Btatea of LeuUUuia and MiMUslppU

fayment of taxes

THE (CHRONICLE.

Tl

rVoL.

Steamships.

Pablications.

Publlcalioni.

"THE PRINCE AMONG MAGAZINES."
N.

The

XXX

1.

Greatest

Observer

lilvlng

O M £. Y
Direct Line to France.

Anthors, soch as Prof.
GENERAL TRANSATLANTIC CO.
Max Mailer, Rt. Hun.
W. E. Gladstone, Jas.
Betiveen New York and Havre.
A. Fronde, Prof. Hnx- From Pier (new) No. 42 North River, foot of Morton
street.
ley, R. A. Proctor, Ed.
Travelers by this line avoid both transit by Eng-

lUB

A Freeman, Prof. Tyn.

Financial Review,

dall,

Dr. ^V. B. Car-

penter, Frances

Power

Kuilway and the discomforts of crossing the
Channel in a small boat.

lish

FRANCE. Trudelle
Wed.. May 5.3 P.M.
CANADA, Frangeul
Wed.. May 18. 7:30 A. M.
LABRADOR, Sanglier
Wed.. May 19, 1 P. M.
PRICE OF PAHSAOK, (including wine;.

Cobbe, The Dake ol
To Havre— First cabin, f 100 and $80 second cabin,
Areyh, Wni. Black, Miss Thackeray, $55. Steerage. $20. Including wine, bedding and
Mrs. Maloch-Cralk, Geo. MacDonald, utensils.
Return tickets at very reduced rates.
Mrs. Ollpliant, Jean Ingelow, Thomas
Checks drawn on Credit Lyonnals of Paris In
Hardy,MatthewArnold,Hcury Kings- amounts to suit.
ley, W. W. story, Turgacnlef, Ruskln,
mediterranean Service.
Tennyson, Browning, and many others
Steamers will leave New York direct for Lisbon,
Gibraltar
and Marseillefi every month as follows
are represented In the pages of
FERDINAND DE LESSEPS
About May 17
VILLB DB MARSEILLES
About June 17

J

(ANNUAL.)

;

A 'MANUAL

:

Littell's Living Age.

FOR

INVESTORS AND BROKERS.

The Livixg Age

enters upon its thirtyaeventh year, admittedly unrivalled and continuyear It will furnish
Buring
the
ously successful.
to itfl readers the productions of the most eminent
authors abore-named and many others embracing
the choicest Serial and Short Stories by the LEADIn 1880.

CALDERA

About July 17
Through bills of lading granted for Spain, Italy
and Algeria.
Price of Passage:— First cabin, $100

steerage, $33.

;

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liOUIS I>£

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ING FOREIGN NOVELISTS, and an amount
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CONTENTS.

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F0RKM08T ESSAYISTS. SCIENTISTS, CRITICS, DIS-

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compilation of an indispensable current literature,— indispensable because it embraces
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Is suflficlently

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fresh example of the judgment In selection and
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"The last volume

Production, Exports and Imports of Gold

Forelsn Exchangein

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Investments and SpecnlationShowing Accu-

Table Showing the Kate Per Cent Realized
Seciultics

Purchased at different prices.

Stock Speculation in

completely, thoroughly and impartially."— Ti/n-es.

State Debts

•With
with

Prices of State Securities, 1860-1880.

Railroads in the United States.

Railroad Earnings.

The New York Stock Market, 1860-1880.
Prices of Railroad Bonds, 1872-1880.

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•*

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^i 00
To Subscribers of the Commercial ) , ^„
A Financial Chronicle
* •'••
J

81

WlUlam

Steel Peng.

^iu\ ^tm>
OOLD MEDAX.,

Jk CO.,

Street, N.

FABIS, 1878.

Hia Celebrated Ifumters,

303-4O4- 70-36 -332,
I

I

and Aw other styles may be had of all dealers
throughout the

worLfJU

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JoSepllGillott&SoilS,

Insurance

MABIN£ AND FIRE INSURANCE.

COMMERCIAL

a reader may fairly keep up
Important in the literature, history,
of the <Xa,y."—The Methodist,

It

weekly

is

a liberal education."— Zion*5

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Is

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iterary worM.^''— Presbyterian Weelhj, Baltimore.
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IW EXTRA OFFER FOR

1880-

Nob. 57

Street.

RISKS.

ASSETS Jan. 1,1880

$810,804 75

All risks Written at Reasonable rates.
W. IRVING COMES,

President.

WAINWEIGHT HAEDIE, Yice-Pres't
HENRY D. KING, Treasurer

UTUALLIF

.^1

HUClM:^
NEW

new subscribers

OF

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INSUBKS AGAINST

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&

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To

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:

I

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alone

It

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I

For POHTO Rico

ETNA

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State Debts and

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Debt of the United States.
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:

ALVO

I

May 13 ALPS
May2»|CLARlBEL
For North Jamaica and Mahacaibo
May 19 UOUS8A
AERAN

ATLAS

the beat, the cheapest and most convenient means of keeping abreast with the progress
of thought in all lis phases."— iVori A A7nericu7i,

Serald, Boston.

New York.

United States Debt and Secnrltles—
Prices of U.

11

For HAYTi:

Philadelphia.

mulations of Money in a Series of Years.

on

May

AILSA

Cinci7inatt.
'*
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" It

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of the

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OPINIONS.

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close connection at
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of South America. Sail from pier 51 North River.

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direct service between

COMPLETE

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to its weekly issue, and with a satisfactory completeness attempted by no other publication, the
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The importance of the Living Age to every American reader, as the only satisfactorily fresh and

Atlas Mail Line.
Our Asplnwall steamers form

lilTXBIiL

Sc

CO.| Boston.

AND ENDOWMENT

POLICIEI

}NTERMS AS FAVORABLE AS THOSE
ANY OTHER COMPANY.
ORQANIZED APRIL IZT.h |842.

01

0YER$80,0OO,0OC

May

THE CHRONICLE.

1, 1880. J

Insnrance.

Insurance.

The United
Wk

OFFICE OF THE

Life Insurance

ATL ANTI C

AaMta,

Insurance

Co.

New

York, January 24, 1880.
Tlio Trustees, In conformity to tlio Charter of
Company, submit

tlio following Btatement
on tbo 31st Doccmbor, 1879
Prcnilura."! received on Marino
Elsks, from Ist January, 1878,
to 31st December, 1879
$3,699,066 58
Prcmiiuns on roUcics not marked off 1st January, 1879
1,671,981 91
itfl

affairs

....
....

miums

$4,983,33681
872,484 u6

Burlnff elsewhere.

After tho proralum« for threo or more ycftra bar
been paid, upon recelvlnKtho requtrod notice from
tho assured tho Coinuiiiiy will continue the VaWcj
In force without further ptiynusntu, for Its KUlX
FACK. for such a period as the UNTlilB RE8EHVK
It.

Should the d'-ath of tho Insured tako placo during
the continued term of Insurance tut provided for
above, the full face of the Pulley will bo paid— nff
deduction belHK ma<lo for foroborno or unpaid
premluma, excepting in the event of the deatt
occurrluK within three years after the orlglnd
default.

$5,371,048 49

,

Policies have been Issued
upon Life Risks nor upon
Fire dleoouneotod wltli Marino
;

:—

the KNTIKK RESKUVK Is a (rreator aura
than the slnRlo premium required to carry the full
amount of insurance to tho end of the endowment
term, the excess nhall housed as a single premium
to purchase a pure endowment, payable at the end
of the term, thus Kuurunteelng to the policy-holder
In every event the full value of his Reserve.
NO SURRENDElt of the Policy is required only
a notice from the policy-holder, on blanks furnished by the Company.

That

No

If

BROADWAY.

OFFICE, 110

Finr-Tblrd Semi-annual Statement,

BDOWINO mi
CONDITION OF THB COMPA^fY ON THB nBST
BAT or JANUARY, 1M80.
CASH CAPITAL
$3,000,000 00
Reserve tor R»-inaurance
1,841,438 00
Reserve for Unpaid Losaes
Net Surplus

243,704 81
1,320,785 SO

Cash Assets

$0,410,988 11

SUmiHARY OF ASSKTS

tho United StateR. aTallabIs for tbo PAYMENT of LOSHKS by KIRK and for the protec-

Held

In

tion of Pollc7-lloldor« of

Canh

In nankn
UondH and mortKauea, being

KIKB IN8UUA>J<;K:

|233,2M« 29
flrst lien

on

real entuto (worth 14.171,400)

United States stockn (market value)
Hank stocks (market value)
State and municipal b'ds (market value)
Loans on stocks, payable on demand
(market value of securities t!)43,M!i).
Interest due on Ist January, 1H60
Halunce In bands of agents
Ileal estate
Premiums due and uncollected on i^Uclos Issued at this office

l.Ma.dK) 00
8.1B4,1^ 00
a00,7(r2 SO
SS7,HSU

M

418,670 00

M, 870 06
154.114 07
M,ias «1

6,807 88

:

Hlsks.

Premiums marked

off

from Igt
3,875,101 26

period

1,524,331 04

Ectiuus of Premiums and Expenses

840,736 77

The Company has the following
United States and State of Now
York Stock, City, Bank, and

Assets,

Bills

maklnjr tho Policies, after

TESTIBLB FOR ANY
FRAUD.

The Company win, upon

ceivablo
r

Amount Of Assets
$12,437,739 51
Six per cent latereat on the outstand-

Total

ing certificates of profits will bo paid to the
holders thereof, or their legal representatives,
on and after Tuesday, tUo 3d of February next.

Ontstandlns

Ccrtlfleatea of the issue of 1876, will bo
redeemed and paid to the holders thereof, or
their legal representatives, on and after Tuesday, the 3d of February next, from which date
Interest on tho amount so redeemable will
cease. The certificates to bo produced at tho
time of payment, and canceled to tho extent
paid.
is

de-

clared on the net earned premlimis of tho Company, for the year ending Slst December, 1879,

forwlileh oertiflcatcs will be Issued on and after
Tuesday, tho 4th of May next.

By order of tho Board,

CHAPMAN,

Secretarr.

TR VSTEES:
D. Jones,
Charles Dennis,
W. n. H. Mo<ve,

Horace Gray,

Edmund W.

Corlies,

Lewis Curtis,
Charles H. Russell,
James Low,
David Lane,
Qordon W. Bumliam,
A. A. Raven,

John Elliott,
Alexander V. Blake,
Robert B. Mintum,
Charles H. Marshall,
George W. Lane,
Edwin D. Morgan,
Robert L. Stuart,

Wm.

James O. Do

Sturgis,

Adolph Lcmoyne,
Be^j.imin

II.

Field,

Low,
William E. Dodge,
Josiali O.

Roy-il Phelps,
F.

Youngs,

C. A. Hand,
John D. Hewlett,
William II. Webb,

Charles P. Burdett,
J.

Forest,

Frederick Chaunccy,
Charles D. Leverich,
William Bryoe,
William H. Fogg,
Peter V. King,
Thomas B. Coddington,
Horace K. Thurber,
William Degroot,

Henry
John

Collins,

L. Kiker.

D. JONES, President.

CHARLES DENNIS, Vice-President.
W. H. H. MOORE, 2d Vice-President.
A. A.

RAVEN, 3d

Vice-President.

J.

miARTIN, President.

WASHBURN,

CAUSE, EXCEPTING

Secretary.

Cotton.
WU.MOBB. ClxminbFiscber, h. w.iia.veuann.
Son of J. T, Ilanemann,
late of Knoop, Uanemann & Co.

Mohr, Hanemann & Co.,

ORIENT

COTTON BROKERS,
133 PEARI. STREET,

Mutual Insurance Co.
New York,

28tli

The following statement

January, 1880.

NEW

YORK.
OR-

DKRS FOa FUTURE CONTRACTS.

»f the affairs of this

Company on the Slst d.ay of Doeember, 1879, is
published In conformity with the provisions of
Charter:
Premiums unearned Slst December, 1878
$113,571 23
Net premiums received during
the year ending Slst Dec, 1879
802,271 22

H. W.

Total premiums

&

J.

H.

Farley,

COTTON FACTORS,
COMMISSION MEKCHANTS,

Its

Ain>

FINANCIAL, AGENTS
132 Pearl

O Box

Street,

New

York.

$615,812 45

P.

$771,077 35
393,686 83

Special personal attention to the purchase and sale

3,90».

Advances made on Conslgaments.

Earned premiums of the year
Losses and ex{>ense8
Re-insurance and return pre-

of

''

CONTRACTS FOB FUTURE DKUVKKY

COTTON.

miums

199,39? 30
ASSETS,
Slst December, 1879.
Cashin banks
$70,46732
United States stock
260,000 00
Stocksof Corporations
78,14200

Real estate
Subscription notes, bills receivable and uncollected premiums.
Suspense account and accrued

350,029 18

Total amount of assets
$1,197,185 15
The Board of Trustees have this day
Resolved, That six per cent interest on the

outstanding Certlflcatcs of Profits be paid to tho
holders thereof, or their legal representatives
on or after Ist March next.
By order of the Board,

CHARLES IRVINa, Secretary.

TRUSTEES:
Hugh

AuchincIosB,

Lawrence Wells,
William Pohlmann.
Prancifl Gurdon Brown,
Alex. M. Lawrenc«,
John D. Dix,
Charles Munzinger,

Walter Watson,
Krnesto G. Fabbrl,

Henry E. Spragtie,
John Welsh, Jr.,
Lewis Morris,

Co.,

COTTON BROKERS,

PEARL STREET,

13«

Wm.

430,102 20

8,44445

George Mosle,
Henry DeB. Ronth,
K. H R. Lyman,
Henry R. Kmidhardt,

&

Geo. Copeland

OF

NEIIT

YORK.

Felix Alexander,
COTTON BROKER,

In-

terest

J.

H.

SpecioJ attention Riven to the execution of

231,455 16

Dividend of Forty per cent

J.

application, send Circu-

lars giving full particulars.
Office of Middle Department, Boreel Building
No. 117 Broadway, N, Y.» Henry W. Baldwin, Sup't.

1,522,826 35

H.

CHAS.

INCGN-

«.

Cashln Bank

J.

throe years,

OFFICB OF THK

Ee-

Vltty per cent or tbo

(6,410.888 11

and CONDITIONS in regard to travel, residence,
occupation and cause of death are removed, thus

viz.:

other Stocks
$8,875,558 00
Loans secured by Stocks, and
othorwieo
1,307,900 00
Real Estate and claims due tho
Company, estimated at
500,000 00

Premium Notes and

Total

AFTER THREE YEARS. ATX RESTRICTIONS

January, 1879, to 31at December, 1879
Losses paid duilug the same

Thomas

•F NEW YORK,

LIBBBATi AND IMPORTANT CONCESSIONS IN
LIFB INSUKANCB CONTRACTS.
Kxamlno tho new form of Policy issaod by
United Rtiitcri lAto lusuranco Company before

will carry

Company

Comp'y, Insurance

The new form of Endowment Policy provides

Total amount of Marino Pre-

A

HOME

States

JAMBS BUKLT f Frosldent.

Mutual

of

Itmuraiice.

261-204 Broadwan N. Y.
Snrplna,

tlio

vii

Alexander Hamilton,
Constaotln Menelas,
Carl L. Recknaeel.

W.

P. Gary, Jr.,
Carl Vietor,

Ramsey Crooks,
Arthur B. Graves,
H. L. Chas. Renanld,
Chas. P. Zlmmermann,
Tlieodore Fachlri,
C. L. P. Rose,
Wm. S. Wilson,

Gustay Schwab,
George H. Morgan,
Francis B. Arnold,
Georges. Scott.

EUGENE DDTILH, Prealdcnt.
ALFRED OGDEN, Vice-President.
CHARLES IRVING, Secretary.
ANTON UETZ, Assistant Seactary.

AVGVSTA, GEORGIA.
Entire attention given to purchase of COTTON
for 8PINNBRS and EXPORTERS

9<>

ORDER

COBBSSPOHDIKOX

SOUOmD.

References :— National Bank of Angmta, GeorKis
Henry Hentx ft Co., CommlHlon Merchant* New

York WllMam B. Dana ft Co., Proprietors Comkx
nsASOUi. CHSomOLX, and other Na*
Talk Boatai.
:

OIAI. Ain>

D.

W. Lamkin &

Co.,

Cotton Faetora,

TICKSRURG, niSS.
Orders to Purchase Cotton In an market aoUoited
Refer to Messrs. THOMAS J. SLAUaaTER
New York.

John

F. Wheless
COTTON

&

Co.,

conmissioN iherchants
NASHVUXE, TENNESSEE.
Bpeclal aKentton given to Splanen' orders.

poBdence solicited.

Oerte-

RsrsaaiiaBS.— Thlr4 ud Fourth Natianal Banks
•nd Proprteton of Txa CaaoaioLa.

IHE CHRONICLE.

TUl

Cotton.

Cotton.

&

Woodward

BBAHEN'S BANK

&

No*. T4

Stillman,
BTILDINO.

16 "W*U

HENEBAL COMXISSION JTEfiCHANTS
uOANS KIADE ON ACCEPTABLE
SBC CHIT If.

INMAN,SWANN&Co
Cotton Exchange BuUdlng,

101 Pearl Street,

Special attention paid to the execution of orders for

New

York.

COMMISSION MERCHANT,

market.

SOUTHERN SECURITIES.

E.

Co.,

QENEBAL

connissioN iherchants,
8

Sonth TVlIllam

New

St.,

ITork.

LmBMlM.

it

EBAHAH &

Lbuha^, Dttkb ft Co^
Montgomery, Ala.

CO.,

New Orleans, La.

LEHMAN

BRO'S,

COItraiSSION

MOOBY & JEMISON, Galreston, Texas.

ISERCnANTS,

CO.,

CALCUTTA AND BOMBAY.
FOTUBK CONTRACTS FOR COTTON
nnd BoM on Commission In

Fielding,

bOUKht

New Torlt and LiTerpool.

Orders executed at tbe Cotton Exchanges In New
Tork and ui? erpotl aad a4vt>e«s made on Cotton
and other produce consigned to ns, or to our corre.
pendents In Liverpool, Messrs. B. Newgass & Co.
and Messrs 'L. Rosenheim & Sons.

COTTON FACTORS

17 Water Street, LIVERPOOI.,

AND

Receive consignments of Cotton and other Produce,
and execute orders at the Exchanges In Liverpool.
Represented In New York at the office of

COMMISSION MERCHANTS,
140 Pearl

&

Co.,

W0BK8 AT

Orders for Spot Cotton and Futures promptly exe"
oated

R. M. Waters

&

LUbwal Advances made on

H. Tileston
STOCKS,

COTTON

&

In Store.

Orders In " Futures" executed at N.Y.Cotton Excb.

GILLIAT SCHItOEDER

&

Ware

Schroeder,

COTTON COMMISSION MERCHANTS,

W.

(rood

John H.

Liberal advances

made on con-

Ifcnments.

WALTER & KROHN,
COTTON BROKERS,
BEAVER STREET, NEUr YORK.

James F.Wenman& Co.,

ST. LOUIS.

G-rocer for Conrad's

Budweiser.

liiind

sired

YORK.

are

ITork.

&

& Globe

45 William 'St
E.

<.

PULSFOED, Kosldent Manager.

HENRT W. EATON, Deputy Manager.
GEO. W. HOYT,

Asst.

Deputy Manager.

Lyontinercial

Union

Ins. Cc.

(OF LONDON),

ALFRED

from which any delengths

New

Insurance Company^

STEEL AND CHARCOAL
IRON of superior quality
suitable for MINING AND
HOISTINO PURPOSES

PEARL STREET,

MANAGERS,
54 frilllam St.,

London

Wire Rope.
Inclined Planes, Transmission of Power, Ac. Also,
Galvanized Charcoal and
IBB for Ships' Rigging, Suspension Bridge.**, Derrick
Guys. Ferry Ropes. &c. A
lartre stock constantly on

Esq.

Liverpool

JAMES

Saazcr Hops and choice
Bohemian Barley, universally acknowledged the
best and healthiest Beer in the world. Warranted
to keep in all climates. Agents wanted in all towns.

made from imported

cut.

FLAT STEEL AND IRON
ROPES for Mining pur-

Special attention given to tbe execution of order

Vellverr.

Office

BUDWEISER L,AGERBEER,

Foulke,
COniHISSION MERCHANTS,

or the purchase or sale of Contracts for Future

ASTOR,

Sole Proprietors of the "Original Budweiser."
Trademark registered in 18,7.

IN BOTTLES,

:

CHAS. E. WHITE, SAM. P. BLAGBEN,

CO.,

Leadvillk, Bdena Vista and Gunnison City, Ool.; Dallas and Houston, Tex.

&

NEW

NEW FORK

SOLON HtTMPHRKYS, Ch'r'n.CB. D.Morgan & Co
DAVID DOWS, Bsq. (David Dows & CoO
E. P. PABBRI, Esq. (Drexel, Morgan &Co.)
Hon. 8. B. CHITTENDEN.
EZRA WHITE. Esq.
J. J.

Co.,

in

Bstabllstaed (In Tontine Building) 1341.

121

&

CONRAD &

Ask your

Co.

Ins.

LONDON AND EDINBURGH.

Orders left with Messrs. ISELIN & BARKER
No. 14 Broad St., will receive immediate attention.

Branches

British

Mercantile

MEMBERS CHICAGO BOARD OF TRADE.

COTTON BBOKERb,
^o. 146 Pearl Street, near Wall, N. \.

Bennet

Iselin

OPTIONS BOUGHT ANB SOLB.
NEW YORK OFFICE,
No. 35 BROADWAY.

C.
Ivery of cotton.

Pres't,

Rlcbmond, Va.

Bpeolal attention paid to tbe execution of orders

S8

working agent In every thriving
Apply (with reference) to

CRENSHAUr,

G.

4,868,683 85

United Stales Board of Management,

CRKNSHAW WABEHOnSE,

111 Pearl Street, Nevr ITork.

for the purchase or sale of contracts for future de-

lOBses, etc

ORIENT COMPLETE MANURE,"

dec,

i;617,189 PS
251,499 00—

OF

AND

Co.,

J6,9U,147 79

1879

$aOOO,000 00

North
&

cotton-growing county.

BONDS,

1,

Capital

Virginia

"EUH-EKIA."

WILLIAM STREET, KEVf YORK.
n. WAKK.

&

Ammoniated Bone Sdperpiiosphatb of Lime,
'<

Total Asseta, January

" OlllKNT."

I

Fertilizing Co.

And want a

Company

OF HARTFORD.

NET KURPLTIS, Jan. 1, 1879.. $2,045,458 94
Mo. 2 Cortlandt St., New York.
JAS. A. AI.KXAN BER, Agent.

OFFER THEIR STANDARD BRANDS

Co.,

MERCHANTS AND BANKERS,
BROAD STREET, NETV YORK.

H»NHT

iETNA
Unpaid

'BPREKA"

ORIBNT, L.

The Atlantic

COTTON BROKERS,
117 Pearl street. New York.

25

Insurance.

Re-insarance fund

CO.,

Miscellaneous.

T.

street, N.

Dennis Perkins

COTTON,

Future " orders executed at N. Y. Cotton Exch'ge

Insurance

COMMISSION MERCHANTS,

E4

'

Gwynn & Co., B.F.BABCOCK&CO.
BABCOCK BROTBERS &
50 Wall Strikt.

Tainter,

GENER&I, COTTON IHERCHANTS,
97 PEAKL STREET, NEW YORK.

Ne-w York.

Also execute orders for Merchandise tlirouith

&

Waldron

EXCHANGE PLACE,

40

New Tork.

No. 10 Old Slip,

Cotton AND Factors

JAIHE8 FINLAY Sc CO.,
LIVEKPOOL, LONDON AND GLASGOW.

and

COTTON COMMISSION MEECHANTS

laeasrs.

FINLAT, mUIR &

Co.,

BANKERS

Advances made on Conslgnmenta to

ISeMr*.

Tork.

&

Jemison

S.

of cotton.

&

New

111 Pearl Street,

Uberal advances on consignmonts of Cotton for
Sale In New York or Liverpool. Especial attention
given to Sale and Purchase of Fxiture Contracts,
both In New York and LIVERPOOL, on reasonable
terms, and profits paid as soon as realized in either

beporcbaae or Bale of contracts for fntore dellTor;

Henry Hentz

1880.

Robert Murdoch,

LOANS MADE ON

dvanees made on Conalgnmenta.

1,

Cotton.

COTTON
COMMISSION MERCHANTS,

street,

NBWTOBK

btlxra

[May

PELL,
Rtsident Managey

poses manufactured to or-

JOHN

der.

43

nASON & CO.
Broadivar, Hew 'tork.

3r

&

39 Wall Street