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t
HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE COMxMERCIAL AND INDUSTRIAL INTERESTS OF THE UNITED STATES!
1

VOL.

Ji

.1

^/

22.

Financial.

THB

T.&W. Seligman&Cc,
'^

(INCORPOEATED NOVEMBER,

OXnCE,

Co.,

1859.)

SIRZXT,

No. 1 XtTAULi

NEW YORK.

NO.

13. 1876.

Financial.

National Bank-Note
.

IXEW YORK. MAY

FinanciaL

-^

EXCHANGE COURT, NEW YORK

2

•

C9
CORNER BROAD STREET, NEW TORK.

Member New Tork Stock Ezchsagc.

[ssne Letters of Credit for Trarelers,

STOCK PRiriLiEGES.

BROKER

Onlted States Bonds, Xotes, Cnrrenoy
and National Banb Notes.

Draw Bills of Ezckange and make telegraphic transmoney on Europe and California.

BANK-NOTES, STATE AND KATLBOAD BONDS,
POSTAGE AND REVENUE STAMPS,
CEKTITICATES, DRAFTS, BILLS OP EXCHANGE,
AND COMJIERCIAL PAPERS,
!n the highest style of the art with ipeeial tqfegvarda devised and patented, to pievent counter

and nlteratlonB,

This Company cngraTcs and prints bonds, postage
Ctamps and paper money for various foreign
Govomments and Banking Institntlons South
American, European, West India Islands, Japan, iSbc.

38 Broad Street,

Trask

6c Stone,
BANKERS AND BROKERS,
NEW STREET, NEIV ¥OBK,

No. 7

Buy and

VnLX,l.kX

J.

.J

A. D.

SHEPARD,

As^

P. PoTTKB, Pres.t.

Hekostlicr.

K.

St.

Rave.v,

Muiubcr Stock Exchange.

No. 15 Wall

St.

i)T:AT.?;r.s in spkcik and rxiTKD states SECl KITIKS. HIV AM) SKI.!. ST(i<KS. BONDS AND
COM) I'ou CASH, (ii: <iN maikun. si'WIai. attention I'AID TO oliDKItS FOI; investments.
t)KDEl;S K.VE( ITKD AT THE PIIIL^iDELPHLA

BLACK.

AND BOSTON STOCK E.VCHANGKS.
WM. W. WAKKMA.V.

JA8. R. JZSUP,

-TR.,

COXKLIX.

AABOfif

Member N. Y. Stock Ex.
'Vevv-YO?*'^

Oo^\\\WMb.

Wm. W. Wakeman & Co

^«;moelp\^^

BANKERS AND BROKERS,

Treasurer.

30 WALL STREET.

Secretary.

Bam'l PBII.IJP8,

J.

&

Communioationa may he addre*sed to thtl
Company in any lanffuage*

JNO. E. CURRIER,

H. Haar,

Haar
Co.,
BANKERS AND BROKERS,

—

3. Ht. VAN ANTWERP, Pres't.
J. inACDONOVGII, VIce.Pres't.

New Vork.

STOCKS, BONDS and GOLD on Com

Member Gold Exchange.

HOWSLL W. BICSLXT

D. ItANDOLPH.

Sell

mission.
Deposits received on Interest, subject to Check.

Traneact a General Banking Business.
STOCKS, iiONDS and GuLD ISougtit and Sold on
Commission, and carried on Margins.
XJepoBlts lieceivedand Interest Allowed.
^F* Accounts of Country Banks and Bankers receivcdou favorable terms.

ZDMUHD

Thayer,

BANKERS AND BROKERS,

fers Of

EsORATINa AND PBrSTDTO OF

UNDOUBTED

IN

&

Stout

and America.

Xeiting

Middledith,

J.

BANKERS,^ ''
KXOHAN&E PI.AOB,

Payable in any part Of Europe, Asia, Africa, Australia

EUGRATERB or TKB

5ti8.

GoTernuient Securities, St«clc8

k

Bonds,,

Jr., Caslilcr.

ALSO,

Maverick National Bank
ROSTON
Capital,

.

....-.-.. $400,000
175,000

Surplus,

Special attention given to COLLECTIOSS, and
prompt remittances made on day of payment.
Boston business paper discounted. Correspondence

Invited.

EWEN & TUTTLE,

&

sell Stocks,

Co.,

6

Broad

NEW

TORK.i

strictly

Street,

on eommisBlon, Orders by

mail or tetegrapn careruiiy atieuoeu to.

G. Amsinck
150 Pearl Street,

foriiialion.

Bonds and Gold on comsiission

Hilmers, McGowgn& Co

luteresi allowed on deposits.

&

Stocks, Bonds, Gold and MIscellaneona' Securities

bought and sold

Quotations of all the active Mlnlnt; Stocks of tho
San Fratu't»4co Stock Board, and Mlnin? ni'ws received
dallv. furnished by mall to any party desiring the !n-

No. 83 Broadirar and 21 Nenr Street,

&

Stuart
BANKERS AND BROKERS Andrew BANKERS,
No*. 4

BOUGHT AND SOLD ON COMMISSION.

BANKERS AND RROKERS,
Buy and

Gargiulo

CALIFORNIA AND NEVADA
9IIi\I]VO STOCKS

JouN EwKX, Jr.,
William p. Tfttlk,
Member Stock & Gold Exch. Member Stocks KzciiaDge

&

XONDON AND HANSEATIC BANK,
(Li JIITKD). -LON DON.

Special attention paid to the negotiation of

Payable in London.

Advances Inade on Conslenments.

&

mercial

WASHING ro.\,
GSNKXAL EXCHANOK AND
Ci)l.LKCTIO:4s

C' sLL hOISTS.

AND DEALERS

SOUTHERN AND

91ERCUANT AND BAIVKER,

STOCKS, BONDS,

HEW

OBI.EANS,

.lAi

NEW
1S4

ALL KINDS UF

47

Brothers

&

I.

D^

7) Sla^e Street

&

Co.,

OORRKSPOXDBJTTS OF

International

BanU of ••ambnra: and

London, (Limited.)
HOUSE IN EUROPE,

Co.

Tork.

O O

BOSTON,

YORK,

Pearl Street.

GOSSLER

miSCBI.I.A?IEOU8

BANKERS,
W«U Street, New

UKCBiBiur

AND OTHER SECURITIES,
No. 16 \raU Street, New Tork.

SECURITIES.

McKim

100 GRAVIER STREET,

IN

B.

(Memders New York Stock Eichtnge.)
BROKERS IN

Fa>'K1.VQ BUBIKKSB.

Levy & Borg,
XiROKEBS

Edward

BuckinghamSc Underhill

D. C.

RZ EschanKO Place,

Charles G. Johnsen,

Com-

bills.

O. BtCKt.xonAV, Jb.

Grant,

BANKERS,

Co.,

ASISTS rOE THB

S4 W^all Street, New Tork.
(P. O. BOX VM.^

PINE STREET, NEW YORK.
DliAW EXCHANGE ON
DAVID STUART & CO., LiTerpool,
34

Sherman

New Tork,

BROKERS IN

Co., FOREIGN EXCHANGE AND GOLO

JOHN BERENBERG,GOSSI.EB dc CO
1

HAMBURG.

;

.

THE CHRONICLE

u

Drexel, Morgan & Co.,
WALL STKEBT,
&

Drexel, Harjes

Co.*

31

St.,

& Co

BonlcTard Haiuamiiui

Paris.
PhllBdelphta.
BOMESTIC AND FOREIGN BANKERS.
'

Secuntlea, (Jold,

Depoilts received subject to nraf t.

iDlerent allowed
on uepoBite. Forelga KxchaoKe. Couimercial Credits.
Circular Letters for 'irarolers,
Cable Transfera.
ral.abie lu all parts of the world.

Ac, bouKht aod sold OQ Coniiuiafiiuii.

Attob>«ts akd Aq»nt8 or

nesars. J. 8. mOROAN & CO.,
No. J3 OLD BROAD ST., LONDON.

Morton,Bliss
Sanksbs,

3

Broad

& Co

St.,

N. Y.

Issne Circular Notes and Letters oi
Credit for Travelers; also Commercial

World.
Negotiate First-Class Railwaj, City and
State Loans Make Telegraphic Transfers

Henry

& HATCH,

FISK

XASSAV

ETo. 5

NRW YORK.

9T.«

IX

attention to Diszcrr DBU^iicea

QOVKHSHKNT DONDS AT CDBBSNT HARKKT BATES

and are prppareil.atull times, to buyer

sell

Id luree

or BtnatI atnojuit, to lati all cUsfei of Inveitoii.
Orders by mall or telegrftpb will receive carefal at^ea*
tlon.

We

be pleased to fumlih Informatioa In
refereDcs to all matters connected with iDvestmenw
in GoTemment Buoda.
We alao boy and sell Gold and Gold rotrpovs
CollhctDitidknds, and Town. Covnty and Statk
Coupon St Ac. and buy and sell, oar Cohuission, all
Mabkbtablb Stock « and Dokds.
In our Bansino Dbpabthknt we receive deposits
and remittances subject to draft, and allow In'ereat
to be credited month*y, on balances averaging, for the
month, from 91.000 to 9J.C00, at the rate of three per
cent per annum, and on balances averaging over
shall

the rate of four per cent.

95.000, at

FISK

F.

;

of Money

Jk

W.

Canada,
BTRBET.

Capital,

.

Paid DP,

-

-

.

.

.....

$9,000,000 Gold.
"
8,138,620

Exchange bought and sold. Commercial

Bills of

Credits granted. Drafts on Canada tssned. Bills colle«t.
ed« and other Banking business transasted.

WALTER WATSON,

LONDON
S.

G.

I

&

VERMILYE &

AOCKTB rOB

B (RING BROTHERS &

COItlPANV,
S3 WALL STREET, NEW TORE,
88 STATE 8TBEBT. BOSTON.

&

John Munroe

Co.,

CO.

CONSOLIDATED BANK, LONDON.
CiyuLA B KoTxs xxa Cbbditb pob Tbatx&bbs

York.

&

Co.,

niessr*.

«

PINE STREET,

NEW

BUT AKD SELL ON COMMISSION

RAILWAY STOCKS, BONDS& GOLD.
INTEREST ON DKPOSIT8.
WASH N

R. VKRMILYK,
TKOWBKIDOS.

I

|

DONALD MACKAT,
L4THAM A. FISH.

Greenebaum Bros. & Co.,
1

BANKERS,
Street, New

Nassan

>fecelTe the accounts of interior banks, bankers
Cbrporations and Msrcbanui.
Agent* for the sale of City, Connty, and Hailroad
Bonds ; Iseae Letters of Credit for foreign travel.

LONDON CORRESPONDENTS

CITV RANK.

Tht«adni<eA|* Street.

Knoblauch

&

Wall

Stbekt.)

CHICAGO HOUSE: HENRY GREENEBAUM &

BANKERS,
30 William

Excbange Place,
NEW YORK.
Kake Telegrapltlc Mflhey Transfers.
Draw Bills of Exchange and Issue Letters of Credit
on ail principal cities of Europe.
SPECIAL PAUTNEB,
DEUTSCHE BAKK, Berlin.
St., cor.

MERCHANTS

EXCHANGE COURT.

Liberal cash ndvacees

;

aud Bonds

Bongbt and Sold on Commission, and

LOANO NEGOTIATED.
Aecoants received and Interest allowed on balances
which may be checlfed for at slight.

M. K. Jesup, Paton & Co.
BANKERS,
No. 63 'William Street,

New

Tork.

Draw Exchange on Union Bank of London.
Accounts ol Banks, Bankers and others reoeived
npon favorable terms.
Interest Allowed on Balances Subject to Drafts at
Sight.

Advances made npon Consignments to oar address
or to our Correspc<idents in Europe.
Investment Secnrltles Bouglit and Sold.

Edward C. Fox
30

&

Co.,

BROAD

Credits, also Telegraphic Transfers •f

able la the leading

ftttles

Money,

ST.,

NEW^ YORK.

Bonds and Gowemment

Secnrltles bought

New York Stock Exchange.
We give Special Attention to State,
Cltr, County and Town Bonds, and
Secnrltles or defaulted Railroads for
ivlideli there Is no regular market.
QUOTATIONS FURinSHED.
tnd Bold at the

CO.

avail-

Co

BANKHRS AND BROKERS,
66 Broadway, Nevr York.
SOUTHERN AND MISCKLLANEOUS SECUKITIES

Issue Bills of Exchange, Travelers* and Commercial

Bought and Sold on Commission.

VIKGISIA STATE AND RAILROAD SECURITIES

A

of Europe and the United

Specialty.

Lsans NesoUated.

Deposit accounts received on favorable terms.
sell

Stocks, Bonds, and Gold

on Commis-

AUeUBTUS

J.

Aug.

BBOWS

J.

JU.JIIU.K^.

WJJ,STON H.BBOWH.

Brown & Son,

Ca^ Co.
BANKERS,

BANKERS,
34 Pine Street, Ne-w Tark.
SPECIAL ATTENTION GIVEN TO THE NEOOTIA
TION OF

RAILROAD SECCRITIRS.

Lichtenstein,

CO.

Co.,

5c

AND COMMISSION

Lancaster, Saunders &

Tork,

si on.

YORK,

WARD, CAinPBELL &

R. T. Wilson
BANKERS
3

Stocks,

Buy and

BANKERS,

Receive Deposit

Points.

KING, BAILLIE dc CO., Liverpool.
NEW YORK CORRESPONDENTS,

States.

Winslow, Lanier

a:i

STOCK BROKERS,

ClTr
AHS

(CoESBE or
4c

London.
SIXTY DAT STEHLIIfG ON THE

New

BBOOELTN BONDS.

ON

ALEXANDERS, CITNLIFPES

Collections on

and Current Acconnts on favorable terms, and do a
General London and Foreign Banking Business.

SECUKITIES,

NEW TORE

PARIS.

CO.,

STERLINCl CHEQUES

Execute Orders on the London Btock Exchange.

Make

DEALERS IN ALL ISSUES OF GOVERNMEKT

JAS. A.

Wo. 8 trail Street, New ITork,
No. 4 Post Oiffiee Square, Boston.
CHBQUES AND CABLE TBAS8FKR3 ON

CO.,

BANKERS,

G. C. Ward,

nCNROB &

Forel(?n

balances, according to the nature of the account.
Piompt attention given to Oolleci Ions and Remittances. Information concerning a y specifled security
will be cheerfully furnished without charge.
F. W. GILLKT. JB ,
E.S. GILLKT
Member N. Y. Stock Exchange.
J. Kblson Tappan, Special.

,„^„t-

Wa. J. INGRAM, f^sei"'
AGENCir, 33 Lombard St.

for tue against

&

Gilley, Jr.
Co.,
BANKRBS AND BROKERS,

16 and 18 Naaaan street.

COMMERCIAL CREDITS

aoirernmient Secnrltles, Gold, Stock!

Particular attention paid to Investments.

63 TVALI.

Grant

Consignments of Merchandise.

made on consignments of
Cotton and Tobacco to our address also to ourlrienos
in Liverpool and Loudon.

Fxchaoge Bought ana Sold. Deposits received sz^lect to sight check, and Interest allowed on daily

OF

•

45 Pall mall, London, Enxland.
Issue CIRCULAR NOTES /)«<!/ cAari^e, available

HATCH.

AND DRAW BZCHANaE ON
64 BROADWAY AND 19 NEW STREET,
MoETON, KosK & Co., - London. P. O.Box42Rf.
Neir ITork.
HOTTINGUKK & Co., - - - PaEIS. Orders In
Government Becurltle*, Railway Shares
Bonds, executed strictly on CommlssloB, at the
Hops & Co., - - - Amsterdam, and
New Ycrk Sto -k Kx.^hanije.

Merchants' Bank

Co.,

Id all parts of the world.

We glTQ particular

Credits available in all parts of the

agknct of

&

King

S.

BANKERS,

BANKERS.

CORNBR OF BROAD, KEW YORK.
Drexel

I inancial.

Financial.

Financial.

Mo. SI BocTH Thiu>

[3 ay 13, 1876.

N. T.

Beers, Jr.,

Brooklyn

'

Stocks,

GAS STOOKS,

IX

WALL STRBBT.

Dealer In Railroad ind InTeetment Stocks and Bonds

(

WALL BTRKKT, NEW YORK.

Persons keeping acconnts with na (currency or gold^
miy deposit and draw as they please same as with city
banits, and will be allowed Interest on daily balances
according to the nature of the account.
Orders for the pnrchase and sale of stocks, bond
and gold will receive from us, personally, prompt and
»refnl attention. P. O. Box i.til.
U. W. McLbixxs. Jb.
A. M. KioDBB.
W. Tbask

Morse, Kimball

&

Co.,

BANKERS,
18 New Street, Ne-w Tork.
Members New York Stock and Gold Excbaogei.

|

:

May

:

:

CHEONICLE

iflE

13, 1876.]

Fiaancial.

ui

Finanoial.

I inancial.

REAL ESTATE
STOCKS and BONDS
BONDS (S^ OFNEWY[)nKS^(^
MORTGAGE
At Auction.
GUARANTEED BY THE
Equitable Trust Co.,

ay\?j/j}^SAUJST.

$1,000,000 CAPITAL.
THESE REAL ESTATE MORTGAGE BONDS ARE
COMMENDED TO THE ATTENTION OF
THE MOST

CONISERVATIVE

UdlTtdual

first— They baye the
mftker.

Hecond—Eech bond

li

I»f¥EISTORS.

lecnred by a

liability
flrit

of

ttie

mortg«g« of

real (BlRle of not \eb» than double Its ralue.
j71(rrf— The prompt payment of both principal and
Interest of every bond Is cuaranteed by tlits Company.
The Company Knarrtntet-ing these Bunds receives no
deposits, owe» no money, anU Incurs no obligatlona of
miy charattei except those arteine from sucli guaranty

tberebv keeping Its whole c«nltal of One MhlJon
AT ALLTlMEb Iba
Dollars unlmr.aTrert.
prompt paymcBl of both principal and interest of

TOMKET

these BondB.

^

„

„
^
Bonds

All mortKiigessecurfng the

ADRIAN ISEUN,
JAMKS A. ROOSEVELT,
KUGB>E KELLY,
JOHN D. MAXWKLL,
GUSTAV H. KISSELL.

KOBKKT L. KENNKDT,
BAMUKL WILLKTS,
WM. KEMSKN.
CHAS. BDTLER,
HENRV P. HAVEN.

T heae Securities bear ScTen Per Cent Interest payable semi annually, and are oflerea for sale at orie
hundred and two and Inttreat at the otHce of the
Equliablo Trust Company, Nos. 52 & 54 U llllam street.
JONATHAN EDWARDS. President.

hold RCaULAR
or aU ela*Mt of

nndenlsned

ADOTIOa

BALES

Allows mterest on deposit*, returnable on
or at spe Aed dairi- la aJthorlzeU to act as Executor,
Ai.minlstrHtor, Guardian, Uecclver, or Ti usiee. Lllitwlic, is a le^al depusitory for mont-y paul lulu Court,
or ty order of auy hurri'gae. lnU;vMual». Firms and
£cctet4ea seeking iucoine irom money la abeyance, or
atreat, will flad aafoiy and advauivge tu tnu tnaiita-

OH

r

tlOD.

WZDNE8DATS AND SATDRDATB.

ADRIAN H.

SON,

1I1IJI.LER A.

HBNRT

F. SPAULDING.Preiident,
Vice
B. KHKKMAN.
>

BENJ.

No. 7

FRKDEKICK II. CuSBITT. PrettdenU,
BABCOCK. Secretary.

FINK 8TBKBT, NE17 TORK.

f

C. H. P.

SXECUTIYK QOMMnrtiu:

Aiiiot H. Ebo,
Frederlcic U. Coaslttt
Isaac N. Phelpa.

Jacob D. Vennliye,
BenJ. B. bherman,
Sam'l D. Babcock,
Martin Bates.

Albert H. Nicolay

Edmund W. CorllM.

BOARD Of TRUSTEES.

Georee W. Lane.
Jacob U. Verinilye.
Geo. Marcullcch MLUer,

Isaac N. Ph*'Ira,
JoMrth M. Fiske,
Charles G. Landon,
Kdmuad W.Corlics,
Frederick H.Cocsitt,
William H. Applcton,

No. 43 Pllf K

STHEBT, NBIir YOBK.
Vr BEODLAB AUCTION BAUCS

Koswell Skecl,
A. A. Low.
Adtlan IscllQ.
Amos li. fno,
ChH4 les G. Francklyn,

Gu-tav Schwab,
David Dnwa,

Martm Bates.
WilUam Allen

STOCKS AND BONDS,

Wim.,m H. Webb,
Morgan,
Percy U. yne,
Charles AburDetby,

J. Pterpont

Batler.

Ecery Jfondav and Thurtdar, or
Maoi oh aLL otbkb Dats,

•

P. Wallace.

Henry F. Bpanidiog.

EXijiLAXD

& Co.

stock Anctioneers and Br«kerB>

B Sherman,

B'Mijtm n

Bamuel D. Babcoctc*
Jonathan Thorne,

Jamet

THE NEW

The

finest'

Capital,* 1000.000. STOCKS AND BONDS,
demand,

are formally ap

proved by ihe following Executive Board

co/t

BrioiAi, BALia

UPOS QSE DAY'S KOTlCK,WHE!« KKQUIUED

Brooklyn Trust Co.
Mortgage Security Co. The
Brooklyn, N. Y,
Cor. of Monticne * CUnton

Oar

Coatom 24 Years. .

Eatablliihed

iti.,

OFFERS FOR SALE, AT PAH,

SEVEN PER CENT TEN-YEAR BONDS
SECURED BY

FIRST MORTGAGES OrimPROTEO
REAL. ESTATE.
GUARANTEED. PRINCIPAL AND INTEREST,
BY

43 mik. street, Boston.
There Bonda are commended to the attention of the
CONSEhVATIVK INVkSToi^S, as Iheyaie
belitved to be as perftct a security as c:in be obiamed.
The btue of Bonds bi 1 mited 10 one-halt the umount
of the same cluasof Bonds ever Usued under a like
Guarantee.
The security of eirh BoBd Is not confined a to single
Mortgage, but extends over alt the Morigagea owned
by the Compa 'y. ihis Company recelvw. no depo- its,
ftuarant esno oiheT Eecurnie?, acd lian uo othet (Jebii
than Its bondf). its Mortgages are of like character to
those whieh have bet* n bought in ibe last iweniy yean
by lndlvld>i«ls. Life Insurance Companies ancl other

M(»sr

amount

mo

of

e th^n Fifiy Mil

pUarii. proTingamoBt secure a&d satlsfactor
loTfatment. 1 he Loans are alt upon Improved Farms
in some of the most fertile Western state*, near the
1

Railroads, with short and parfect titles, and ave:at:e
less than $650 each, upim prorertv wortli nearly lour
times their amouni. Experience has proved that, we'l*
seleAett MortkSges upon this class of properly are
sater than those upon cliy property, either In the Ka^t
or West. They ae notaflected by Klres, or by BusiBese
revulalons ; I'rin' Ipal and Interest hfc more promptly
paid ; and upon Uie ^u cess of Agrl uUure depends
Uiat of almost Qvery Industrial laveatment.
SALTON8TALL. President.
A. OSBORN, Treasurer,

HENRY
FRANCU

Amos

TIOK-PKKIIDKKTS:
Geo. C. Rlchardann,

A. Lawrence,

James L. LitUe,

Thomas Wlggleawortta
Geo. P. Upham.

DIBBOTOB8
E. R. Madge.
John P. Putnam.
David K. Whitney,

Charles L. Flint,

Henry

SHitOBsiall,

Cburles L. Young,
J.

B.

Company

!•

anthorlzed by special charter to aot

KIPLKY KOPKS, President.
CHAS. K. MAKVLN, Vice-Pre»t.

money.

£D«aK M. CVLLSir.

$500,000.

Bonds
Interest Coupons payable Femf-anou lly.
registered to order, or payable lo learer at option.
Acciurd iD'.erest Is not required to be paid by purchaser, ihe iiext-due Coupon befg stami ed ao aate
denote th <t Interest beglne at the d le of purchase.
A Pamphlet wl.h full informwtton will be sent on
pplicatlon to the Company's Office,

Uooaof

This

1900,000.

as receiver, trustee or guardian.
It can act as agent la the tale or management of real
estate, collect Interest or dlTldends. receive regietry
and transfer books, or make purchase and sale ol Gov*
eminent and ether securities.
Religious and charitable Institutions, and persons
unaccustomed to tne transaction of business, will And
this Company a safe and convenient depository fox

ITS

CAPITAL STOCK OF

Corporations, to the

CAPITAL,

or

M Uw New
M prirato tale, on cominti-

stocks and Bonds bought snd sold

Tork Stock Ezcbuige, and
sion.

IV Becnrltlea not
speclaltjr

dealt In at tha Btock

with th's boaae (or

fr First-class

man/

Board* a

rear*.

Municipal Bonds, Ballroad

Bond»

and otber incorporatod locus ntgotlated on

liberal

terms.

Connsel.

TUU9TKE8

Alex. McCne,
Henry Banger,
J.B.Rockwell,
Chaa. K. Marvin, A. A. Low.
John P. Kolfe,
Thomas Sulllvsn. Atim. B. Baylls, 8. B. CliittendeD,
H.E. Pierrepont, Dan'l Chaoncey, Edward Harvey,
Jostati O. Low,
James U. FKh,
John Halsey,

Smithers

Alex. M. White,
Wm. R. BTTNKBR. Secretarr

Scearltr AKalB*t Fir«

B.

THOKKE,

by permission, to the Agents of the Bank »t

Montreal.

A. H. Brown

&

Co.,

BANKERS AND BROKERS,

President.

P.M.

T 'Wall St., Oor.

Adolph Bcissevain & Co.

BANKERS

AND SOLO

FOB CASH OB ON MABOIN.
Befer,

(Masonic Temple Bnlldlug.)
S,\rE KEEPING OK VAI.UArLKS under guaranoffices for Batiks and Bankers out of the
Pi
Ivate
tee.
city. Beparate rooms lor l.aoy I'stron*
a

New York.

STOCKS, BONOS. GOLD. Ac. BOUORT

No. 73 XTcat 23d street,

ELLWooD

Donald,

No. 8 Broad Street,

and Kebbers.

Central Safe Deposit Co.

Oaicehours.9 A. M.to

&

BANKERS AND BKOKKRS,

New, New York.

Deposits received subject to checic at sight, and
Interest allowed on dally balances. Special attention
glTcn to the business of COUNTBV BANKS. KzecQte orders for the purchase and sale of STOCKS,.

*

coramssioN merchants,

BONDS

and OOLO.

All kinds of Inrestmeot Secarltles a Spectaltr.

AMSTERDAM, HOLLAND.

Grant

Buy and

Bell on Comnilas'on Ao^erlcan Secarltles
Holland and otLer Continental Markets.
ColUctlona tbro'jghout the Continent ol
Earope.
Make Paymenta on Letters of Credit to Trayelers
and traneatt a general American Banking nuatress.
Refer by apeclal permission to Messrs. Blake
Brothers & Co., Boston and New ^ ork, and to Messrs
S. & W. Welsh, Ptalladelphte.

In

Upham.

Company,

No. 33 irAI.1.

STRBET»

TBANSACT A GENERAL BANKINQ BtTStNESS
STOCKS BOnOBT AND SOLD ON COMUISSIOH
INTEREST ALLOWED ON DEPOSITS.
B.

counsel:
Hon. Hertry W. Paine, Boston.
SluvoB E. Baldwin, New Haven.

&

BANKEBS AND BB0KBB8,

Mak'^

SrTSAX GsANT.

G. St.

Jon

SEsrtuab

I

a^)

irifls

Canadian Pacific Railway.
Tenders for Qrading, TracMaying, <&r^
SEALED TENDERS, addressed to the Secretary of

OJP

TUB
COH.

riTlf

OF NEW VORK,

BROABWAY

dk

WAKREN

PAID-UP CAPITAL,

al.,

«l,OOO,000.

iDveated In United States Government Bond..

THREE PER CBtiT Inlerett per annum on
Depttit^ftubjec.t to check at >-ight.
rat>e fOUH PEH CSM Interett per annum on
tpecif' depomtH remaininff isCx monltie or longer.
C' i u Tmitfl« for ettatea.
V. K. MANOAM, Frutdent.
JCBH C. CRmKBHAXK, Secretarr.
PBv«
t

Public Works, and endorsed " Tender PacJfle Railway," will be received at this Office up to Xoon of
Monday, 22d May next, for the Excavation and Grading
required to he executed on that section of the raclfic
Railway extending f roni <.ro»9 Lake eastward to Hat
Portiine. Lake of tin- Woods, about 37 mile* in length
kIpo for tlie Grading required from tlic Westerly end
of the I3th Contract to English Uiver, a distance of
about HU miles alBO for traeklaylng and other works
of Construelion webt of Foit WllUani.
;

:

For plaiiK, Kpeclflcationg, appriixiniate quantttlefl,
forms of tender, and other Iniornuitlon, apply to the
office of the F:nKineer In Chief. <>ii8\va.
jh'o tender will tu- entcrt*lne<l unletig on the printed
form, and unless the conditions are compiled with.
By order,
F. BRAC27, Secretory.

Department of Public Work*,
Ottawa, April

27,

IKe.

Alex Frothingham

& Co.

BANKERS AND BROKERS,

No. 13

WALL STBBBT.J

Bellable STOCK FUlV LEOES negotiated at f»TOrable rates. Stocks bongbt and sold oa a laargln of
five per cent. Clrcnlart and Weekly rtaaudal Report

tent <hee.

:

:

:

THE CHRONICI.R

IT

[May

Financial.

Financial.

On nnd

after

LONG ISLAND CITY

ebareboldcra

$800,000.

THURSDAt,

Bank

Instant, this

Kew

ARE

Reduced

I^7yITE^)

Fon

the nth day of May,

will be prepared to Issue to Its

Certlflcatea of Stock, In

$1,500,000

exchange

for and on the surrender of the Old, on the basis of
Its

T

Financial.

National Baufc of the State of New York

CAPITAL,

1876

1?,

CITY OF CII«CIX.\ATI

Capital, as dctennlned by a vote of the

Mockholders, and authorized by the Comptroller of

Municipal Gold Bonds

the Currency.

By

the order of the Board,
GEO. R. A. RICKETTS, Cashier.

CUICAOO

& NORTKWBSTERN RAILWAY
CoMi»ANY, April

THE

i

24, 1876.

ANNITAI. ITIEKTING

J

OF THE

Stockholders and' Bondholders of this Company
tor the election of Directors, pursuant to law, and for
transaction
the
of other business, will be held at the
office of the Company, In Chicago, on THURSDAY,
the 1st of June next, at 1 P. M.
Bondholders wll! authenticate tbclr right to vote by
presentlnjf their voting bonds at the OJttceof the Company, No. 52 Wall Street, for registration, on or before
the let of May proximo.

M.

ALBERT KEEP,

President.

L. Stkks, Jr., Secretary.

ATA

MEETING OF THE TRUS-

TEES
held at the

lowing

NATIONAL TRUST COMPANY,

of the
office

officers

of the Company,

May

2, 1876,

the fol-

were unanimously elected for the

ensuing year

DAUIUS R. MANGAM, President.
SAMUEL S. CONSTANT, First Vice-President.
9' BEXJAMIN F. BANCROFT, Second Vice-President.
i^'
EXECUTIVE COMMITTEE
:

Babxbt
Oboroe

Hknky
Daniel

L. Solomon,
a. Fellows,

S.

S.

Joseph

Lowert,
Moore,
Silas H. Witheebee,
William S. Whitlock.

John

Tebbell,
Appleton,

S.

INTEREST,
November

1,

principal

and

Samuel

S.

WiLLARD Ives,
John H. V. Arnold,
Henry H. Haigut,
Samuel Willets,

S.

Thomas W. Shannon,
Alfred B. Darling,
William S. Whitlock,
Francis W. Haines,
William M. Evarts,
Daniel S, Appleton,
Joseph S. Loweby,

option of the holder, at the agency of the

LONDON,

New

HOI.I>ERS OF

an act of the Legislature ef the Stale of Ohio,
passed February 24, 1876, and were confirmed by
vote of the people of the City of Cincinnati, of
21,483 out of a total vote of 30.7i6, and by a re'oln.

Hon

York, 51ay

5, IsT-i.

CHARACTER

which they are issued.

MUNICIPALiriES in the State of Ohio are now
authorized by law to provide for the conversion of
their Coupon Bonds into Registered Stock.
The nnderaigned

JAS. H. OGILVIE, Secretary.

pENNSlfiLVANIA RAILROAD COMf-^^^^J'-Treasurcr's Departmeut.-Phaadelphla,

The Board of Directors have this day declared a
quarterly dlvdend of Two Per tent on the capital
Block of the Company, clear of all taxes, payable on
and after May a'J to stockholders, as registered on the
books, three v. M., Api
April 29.
iAYAlSD BUTLER, Treasurer.
AHEBiCAir ExcH,\xoE Natioxal Baxk,
New Vokk, April as, 1«6.

will

re-opened on the 2d May.

E.

CIIAKLES

WILLSOX,

May 16th, at noon, for any part of the above
Bonds.
Bidders will state the eiac', amount of Bonds
wanted, and no bid less than 103 PER CENT and
accrued interest will be considered
the undersigned reserving the right to make pro rata awards
in case the total amount bid for exceeds the amount
offered, awards to be first made to the highest bid-

New

York,

May

&

Sale,

115 Shares or Houston ic Texas CenRailroad Stoek ; also all Issnes oi

tral

Texas Bonds,
BY

FORSTER, Lntl^OTT &

and

Cashier.

1,

nATURIIV BALLOIT,

•liouaedoor. In Charlestown, Clark Countv, Indiana,
on SATURDAY, .Tune 10. IS'6, between the'hours of 9
o'clock A.M. and 4 o'clock P. M. These are the largest
and most complete ear works In the country; are
located adjacent to Jeffersonvllle, Ind., and arc well
adapted to other branches of manufacture. For
printed circular, containing full description of the
property, and terms of sale, which are extremely
liberal, address JOS. W. SPKAGUE, Agent for Trustees, Jeffersonvllle, Indiana.

JBO\»$.

New

Brunswick, N. J.. 7 per cent IJonds. due 1896.
Elizabeth. N. J., 7 per cent Bonds, due 1895.
Cincinnati 7 and 7.30 Bonds.

Louis 6 per cent Gold Bonds.
Cleveland and 7 per cent Bonds.
Town Bonds of State of New York.
State of Illinois 10 per ct. licglstercd County Bonds.
State of Ohio 8 per cent County and Town Bonds.
St.

(>

Wm.

OTI.S,

FOR SALE BY
K. UTI-EY, 10 AVall

St.,

NEW YORK,

No. 73 Broadivay, C»r. Kcctor

St.

CAPITAL,
iaiI,I,ION DOl,I.ARS,
INVESTED IN UNITED STATES BONDS.

OXE

Aulhoilzed hy law to act as I xecutor. Ailra's^rsitor.
Guardian, Kcelver or Traetee. and Is a le!?ttl depository
for money paid Into Court nr Iransfe.'red to It Ijy any
surrogate.
Inteiest allowed on d"poslts, which may be made
and wiihdiawn at any time.
N.
Chocks of Deposiiors on this Institution rass
through the cleurln? House.

EXECUTIVE COMMITTEE.

Specialty lor 19 Vrars.
IntUe paper

J. M.
B. H.
E. B.

O.

Cx.

Mol.K^N,

HUTTON,
AVk^let.

Williams,
J. II.

Pamuvl "Willets.
"Wm. Whuhu-rigiit,

Gko. Cabst Watp,

TUKODOKE UOOSKVilLT.

OGIIiVIE, Secretary.

Vork.

Co.^

BAl^KEBS AND BROKERS,
No. 20 Broad Street,
Stockg, Bonds, and

and

ao.'d

all

Now

Government

on commission

chHDge.
Dealers in

ai the

V^ork.

Securities

bought

Ne
?Jew "
Yor.i Stock £x

descriptions of ilocds and InTestment

Securities.

The correspondence of Bankern and Brokers tbroogboui the country eoUclie-J.

Fandiu^ of Sonthern State Bonds.
We are prepared to fund Bonds of the following
Southern States,

Fuimtn^

io

accordance with their several
m^^at reasonable terme

upon the

Acts,

possible

ALABAMA, LOUISIA^A, SOOIB CAROLINA^
myyESHEE, VIRGINIA.

WANTED.
Lou'siaca

New

Consolidated lionda,
-Alabama Id Bonis.
NewOrJeana Jackaon & Gt. N. R.R ^d Mort. Bonds .
New Urleana Mobile & Chat. K.K. Ist Mort. Bonds.
(

FOR

SAIjE.

Virginia New Consol. Bocda.
South Carolini t^ew Con-ol. Bonds.
Keokuk & Vq^ Moliies U.d. Preferred Stoclc.
Central i\ew Jersey L»nd Improvement Co.'d Stock.

O. T,

BON.\£R &

ao Broad

Klivn, Pre«I<lent.

J in. mcl.E viv. First Vice-l'residciit.
\VM. IVflirEWRtOIIT,
Second Vice-President,

and Gas Stocks,

Bonner &^

G. T.

N. Y.

Union Trust Company

ESWAUn

New

6 'Wall Street,

The works of the Ohio Falls Car and Locomotive
Company will be sold, at public auction, at the Court-

SELL,

WniTK OR APPLY TO

18:6.

INVESTMENT

CO.,

WALL STREET.

Investment Securities.

Co.,

B—

Securities'

For

^WHETHER YOU WISH TO BUY OR

CAR WORKS FOR SALE.

Oi'-

City Railroad
See (juoutlono of "Local

£, B.

No. 7

I^iilm, Loe"b

(

EXCHANGE PLACE,

47

NEAVBURN, Banker,
50 Broad Street, New ITork.

will receive sealed proposals at

American Exchange National Bank

)

1.

this date,

ONG ISLAND CITY BONDS.

The security offered for the bonds of both cities
being, identical, present purchasers of Long Island
City bonds must certainlv secure an advance, thereby
petting a premium as well as seven per cent luteret^t
on their investment. Bonds, as ordered, will be sent
by express, C. o. D., accompanied with a certificate of
the Treasurer of Long Island City as to their correctness, etc.

nntil

has Lcen declared on the

he closed from

whleh same security within the past two years sold at
Ear. being about the same price at which we now offer

the

DIVIDEM) OF THREE AND OKE
o^ this bank, payable on and after May

Total debt is about $850,000.
Estimated real value, $30,000,000. wlille the assessed
Is only $6,000,000.
ropulation, 20,000.
LONG ISLAND CITY, adjacent to New York, with
a water-front of six miles on tide-water. Is a continuation of Brooklyn, and must evcntnally become annexed to that city, as was the case with the city of
\VillIam3burKh. There Is certainly no good reason
why these bonds will not appreciate at or near to that
of Brooklyn bonds, which are now selling at llfi.
valuation

Bankers, 31 Bfassau Street.

ready for delivery.

The transfer hoots

The

BONDS.

completed and In successful operation. Water bond.s
are the most popular and command the highest prices
of any municipal Issue.

1

IN GOLD upon the coupons which matured
respectively January and February, 1876, to those
parties who shall sign the agreement of March I, 1876,
present their bonds to be stamped as assenting thereto,
and deposit the past-due coupons, as contemplated In
theagre'ement, for which temporary receipts will be
issued by the Trust Company, to be hereafter exchanged for second mortgage Income bonds when

capital

by law.

MUNICIPAI. IN

; they are secured by the entire
taxable property of the city, amounting in assessed
value to $184,498,565, as well as the real estate
owned by the city, valued at $22,000,000, exclusive
of the Southern Railroad, for the completioa of

THE FIRST MORT-

HALF PER CEXT

P17REI.Y

WATER

$1,000

Interest payable March and September, at Marlm?
National Bank of New York, principal re-payable from
18S7 to 19 2, a strictly first-class luvestmcnt security,
for sale In lots to suit purchasers.
These bonds are authorized by legislative act, under
which, not only the entire taxable propertv of the
city l3 liable for tlieir payment, but, in addition, tlu;
water-works are specially pledged, which are now

)

DOLLARS

A

of the City Council, as provided

bonds are

Awards wil be made May 16, and the Bonds will
be ready for delivery and payment May 23.

GAGE CONSOLIDATED BONDS OF THE
MISSOURI KANSAS & TEXAS RAILWAY COM.
PANY, and of the bonds of the UNION PACIFIC
RAILWAY' COMPANY, SOUTHEIiN BRANCH, are
notified that on and after May 9, 1876, the Union Trust
Company of New York, as Trustee, will pay TWENTY

Zi

city, in

one pound sterling to
These bonds are authorized by

at the rate of

five dollars gold).

PER CENT COIPON

7

ders.

Henby V. Allien,
CRUIKSUANK, Secretary.

Union Trust Company of New York,
73 Broadway, CORNER Rector Street,

No.

and

;

Jabez E. Munsell,
George U. Sherman,
Anthony Ruppaner,
John P. Moore,

J. C.

1

being payable in \j, S.

interest

P.

Barnet L. Solomon,
Benjamin F. Bancroft,
Jacob S. Carter,
Thomas Cornell,
John L. Melcher,

Constant,
Tebbell,
George A. Fellows,

Henry

May

the priucipal maturing In 19C0; both

aOliD COIN, at tl:e AMERICAN EXCUANGE
NATIONAL BANK IN NEW YORK, (or, at the

TRUSTEES
Dartts R. Mangam,
Silas H Witheebee,
William F. Allen,
Napoleon J. Haines,

PER CENT

bearing SIX
payable seml-annualiy,

$1,000 each,

of

H.

CO.,

Street, Neiv

Amy &
BANKERS

York.

Co.,
,

19 Sc 21 Nassau Street, New ITork.
TKANSAOT a (serpral iian'-lnif Uuilness.
1>K L In invept'iicnt a^cuiitles.
BUY »1' de»<Tl|)tlrr.8 0f UNCLIIiRKNT Bonds. «lao
Bjnds I;E?UDIAIED uy CHiKi iiaJ COU.VTiES.

Jtttttla
AND
HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.

VOL.

SATURDAY, MAY

22.

CONTENTS.
I

Consumption for Year Ending
October
•

I,

1876

The Opening of
Exhibition

Englisli

j

458

the Philadelphia

last

Railroad Earnings in April, and
from .J«n. 1 to April 3 J
Latest Monetary aud Commercial

457

Kews

460
461

Commercial Lnd MiacellaneoDS

|

News

I

463

_

46p_|

THB BANKERS GAZKTTB.
Honey Market,

-

U. 8. Securities,

I

Halfway Stocks, Gold Market,
ForeiErn Bxchanse. New York
City "Banks, Boston Banki),
Philadelphia Banks, National

Banks, etc
Quotations of Stocks and Bonds
New York Local Securities
Investment and State, City and
Corporation Finance*... J

464
467
469
469

THB COMMBHCIAL TIMES.
Commercial Bpltome
Cotton

•!T3

473
477

Bread^inSs

week

levied.

Such

issued

without'

securities

question,

have

heretofore

and

several

478
430

Prices Current

been

millions

issued during the current year are in the bands of investors and in the vaults of 'banks

Hry Goods

|

about the Chicago certificates has, during the
or two, attracted so much attention. The
trouble arose from the decision of Mr. Justice McAllister,
in the Cook County Circuit Court of Illinois, that the
City of
Chicago cannot, as
was claimed, issue
temporary obligations before the annual taxes are
difficulty

THB CHRONICLK.
Investment Securities and Constitutional Safeguards
Estimated Cotton Supply and

NO. 56S.

13, 1876.

here and in Boston.

and

trust companies,

When the telegraphic announcement

|

was made a few days ago that the City of Chicago was
declared by the State courts incapable of borrowing in
9tl)e
The Commercial and Financial Chronicle U issued onSeUur- advance of the tax levy,' the conclusion was hastily
day morning with the latest news up to midnight of Friday^
drawn that all the outstanding certificates would suffer
discredit.
We have been at some pains to ascertain the
TEBKS OF SUBSCKIFTION-FAYABLS IN ADVANCE.
The Commbboul and Financial CaRONiOLK,
real
state
of
the facts, and we are glad to find that there
For One Year (including postage)
$30 21
For Six Months
6 1*)
is no foundation for the injurious reports which have
Snbocriptions will be contlnaed nntil ordered stopped by a written order

€l)ronicU.

J

.

or at the publication o^se. The Publishers cannot be responsible for Remittances unless made by Drafts or Post-Offlce Money Orders.

Advertisements.

perfectly

Transient advertisements are published at 25 cents per line for each
Insertion, but when definite orders are given for five, or more, insertions, a
liberal discount is made. No promise of continuous publication in the best
place can be given, as all advertisers must have equal opportunities. Special
Notices la Banking aud Financial column 60 cents per line, each, insertion.

London Office.
office of the Chronicle Is at No. 5 Austin Frlara, Old Broad
where subscriptions aie lateen at the following nates
Annual Subscription to the Chronicle (including postage)
£3 29.
Six months' subscription
1
3s.
WtLLiAM B. DANA,
WILLIAM B. DANA & CO., Pablishen,
79 and 81 William Street, NEW YORK.
JOHN o. FLOYD, JR. f
Post Office Box 4 592.
The London

Street,

:

I

^^~ A
ce nts.

neat file-cover

is

furnished at 50 cents; postage on the same

Volumes bound for subscribers at $1

complete set of the Commercial
0fto Adate—
for sale

1865,

Ha9Azi»b,

is
at the office.
1839 to 1871, sixty-three volumes.

0?" The Business Department of the Chroniclje is represented
Financial Interests In New York City by Mr. Fred. \V. Jones.

IPESDIEXT SECURITIES AND
ment

i.s

among

COJSTIlUriDN.lL S.lFEGIIAIiDS.

a gratifying feature of the speculative excite-

of our

cision

valid,

but

of the court

are the certificates in question
there

is

by which

nothing
their

in

credit

the

de-

ought in

Indeed, some of these certifimatured during the last few days, and all of
them have been promptly paid, as will be also the whole
of those which are almost daily maturing.
Such, at
least, is the assurance we have received from competent

the least to be impaired.
cates have

And it is corroborated by the fact that the
Council of Chicago passed a resolution, at the beginning
of this week, directing Mr. Comptroller Hayes to pay

sources.

these certificates,

and levying the needful

tax, so that

the Comptroller will have a balance of §.500,000 in the

'

It

Is 17

50.

and Financial Chronicle — July
Also one set of Hunt's Merchants

Not only

prevailed.

paper-money inflation that tlie more violent
few years have usually been con-

fluctuations of the last

Treasury after the whole of the certificates outstanding
are fully paid off. This action of the Chicago authorities
is in strict accordance with the decision of the Court, as
we shall presently show.
The securities of Chicago have so long been a favorite
investment with some of our conservative banks and
capitalists, that it is gratifying to see all doubt pass

an 3 that
an important and extensive class of choice investment away, if any there really were, as to the prompt resecurities has been for the most part exempted from demption of the certificates in dispute.
There are, how-

fined within the circle of speculative securities

capricious

and sudden

To what

ever, several

more important

likely to continue, the

case derives

its

oscillations in value.

extent this exceptional privilege

is

;

questions,

chief interest.

from which

this

It is the first judicial

future must show.

There are some indications that decision in which the power of the constitutional remight, by an unprejudiced observer, be interpreted as straints imposed in certain States to prevent the increase
throwing a doubt over certain securities that have for of municipal debts, has been submiited to a full and
years been regarded as among our most solid invest- adequate test.
The necessity has been long apparent of
ments. The bears in their recent attacks on the stock preventing the mischievous growth of municipal debts
market have not
toward facts of

bf.en
this

slow to avail themselves of un- in this country. One of the most effective means desort whicli they could make avail- vised for this purpose is to introduce into the constitu-

able for their purposes.

other circumstances,

we

To

this agitation,

doubtless

owe

it

and

to

some

that a minor

tions of the several States a positive limit,

beyond which

the municipal authorities shall not be allowed tortminto

THE CHRONICLE.

458

Another expedient for the same purpose

debt.

require every

bill

is

to

incurring a debt, to impose a tax for

the specific purpose of paying the annual interest and of
redeeming the principal within a given number of years

The former
It has

two expedients

of thcBe

been adopted in

A few months

is

before the Chicago

fire

was adopted

constitutional provisiin

perhaps the best.

Iowa, and in other States.

Illinois, in

of 1871, this
in

Illinois.

new
As

[May

13, 1876

ultimate question would be whether the power to borrow money
which is effectual before the constitutional limit is reached'
absolutely ceases, a« to innocent holders, the moment that limit
is reached, as if it had never been granted.
This question is
nice and difficult, and, so far as I know, has never been directly
decided. Courts will be likely so to decide it as that such a
prohibition shall not operate as a snare to Innocent holders. But
in this case, the only question is as to the power and legal duty
to borrow money under the circumstances as disclosed.
I am
inclined to deny the mandamus, solely on the ground that no tax
levy had been made, and the writ is accordingly denied."

It is impossible to overestimate the importance of
Chicago at that time had its full proportion of indebtedthis decision.
We admit that it op'ens the door to some
permanent
debt
created
no
new
has
been
there
ness,
during the last five years, except for the purpose of re abuses, but it virtually declares that where a constitunewing securities as they matured. The provision re- tional limit is imposed upon municipal debts, the authorities cannot go beyond those limits except to pay the
ferred to i» in Section 12 of Article 9, which declares
cun-ent expenses of the government, nor can they even
that " No county, city, township, school district or other
municipal corporation shall be allowed to become in- do this except a tax be first levied suflicient to pay off
debted in any manner or for any purpose to an amount, the floating debt so created. It is probable that in
including existing indebtedness, in the aggregate ex- future attempts to repress the increase of municipal

ceeding 5 per centum on the value of the taxable debts by constitutional restrictions, more stringent proproperty therein, to be ascertained by the last assessment visions will be devised to prevent any extension, either
for State and county taxes previous to the incurring of ,^floating debt or of other obligations, beyond the

bounds prescribed by the

such indebtedness."

strictest interpretation

of the

funded debt is fully up to the constitutional limit, goes
on to incur a floating debt of four or five millions more

Before the damaged credit of our
municipal securities can be rehabilitated, adequate precautions and safeguards will of course have to be applied.
One of the chief advantages of a general nature result-

for current expenses in anticipation of the tax collec-

ing from the controversy

Now the
prohibition

tions.

question
is

is,

violated

'whether, this clear
if

and simple

the City of Chicago, after her

This question has always been answered in the
To test the soundness of this view, the

affirmative.

Comptroller of the State, Mr.

Hayes, determined to
suit was brought on a
obtain a judicial decision.
claim upon one of the departments of the city governluent asking for a mandamus to compel the Comptroller
to borrow the money to pay the claim in question. The
Court denied the mandamus on the ground th.at the
city had no right to borrow under the constitution,
inasmuch as the funded debt of the city was already up
to the extreme limit allowed by the organic law of the
State.
The Court distinctly held, however, that in all
cases where an appropriation was made for a specific
purpose, the city authorities were at liberty, as soon as
the proper tax was levied, and before it was actually
collected, to borrow temporarily any sum not exceeding
the amount of the levy, and to repay these temporary
loans out of the proceeds of the tax collections when
S. S.

A

written constitution.

we have been examining,

the suggestive illustration which

it

is

in

gives of the necessity

and practical operation of some of the safeguards of the
credit of our municipal securities, and of the consequent
negotiability of American securities here and in Europe.
ESTIMiTED COTFOX SUPPLY A\D CONSCMPnON FOR YEAR
B.V'DIJIG OCrOBSR 1, 1876.

The first of April is the half-way point in the cotton
when the greater part of the crops produced in the
previous summer have been marketed
when the reyear,

;

mainder of the year's supply can be closely computed;
when the approximate weekly rate of consumption in
all the civilized world being known, it becomes easy to
ascertain how much cotton is held by spinners in addition to the " visible supply " of the world, and when a
safe statistical departure can be

half year.

The April

made

for the ensuing

report of Messrs. Ellison

&

Co.,

of Liverpool, gives the statistics for most of these items
applicable to Europe, in a compact form intelligible to

they were actually received. Another point on which
the Court was equally urgent was that the validity of

every merchant, as follows:

—

Home and Continental CONStiMPTiON. On the first page of
tbe outstanding certificates was not in question before
our report we give particulars of the imports, deliveries. &c., for
the Court. As this is a point on which so much anxiety Great Britain and the Continent,
for the first three months of tha
has been expressed, we quote the paragraph referring to current year, and for the first six months of the season, compared
with last year.
The total deliveries to spinners for the sis
it from the opinion of the Court. After stating that the
months compare as follows
levying of a tax consists in the passage of the proper
GRBAT BRfTAlN.
Average
Bales per
ordinance wh^n the appropriation has been made, Judge
Bales.
Pounds.
week.
isr5-6
1,66,5,560
4ft
696,204,080
McAllister concludes as follows
1874-5
1,771,380
3J9
68 130
639,066,888
:

:

" On the whole case, I am of opinion that,
having already reached the prescribed limit of
would be within the prohibition of the law to
debtednesa by borrowing money and giving an

the corporation

Decrease
Increase

ind^tedness, it
add to that inabsolute under-

to apply for a

mandamus

to

Increase

1

.^Sl

4C*

1,136,060
,

215,340

404
365

4i7.383,100

51 970
43,690

...

108,S82,50D

8,S89

M5,965,600

increase in the average weight is owing to the greater preponderance of American and Egyptian packages, as shown in the
detailed figures on page 1 of our report.
In bales of the uniform
weight of 400 pounds. Great Britain has takcSi nearly 18,000
bales, and the Continent about 270,000 bales, more thin last
season.

compel a levy.

a misunderstanding to suppose that this case involves
the validity of certificates heretofore issued. No such question
18 involved, and its determination would depend upon otlier considerations.
In that case, if they are absolute undertakings, the

....

The

prohibition in question; and it is upon the principle that when
the appropriation and tax levy are made, these means are to be
regarded as being already in the Treasury, and may be anticipated by orders or certificates, specifically payable out of the
proper taud, to meet the ordinary current expenses. Tliia mode
Beems to me free from legal objection. The orders, warrants, or
certificates so payable, would be available, for they place the
holder in a better position than even a judgment, as in the former
case the holder meed but present them; in the latter he might
'•

4,070
7,i'3y,a5b

18T5-6
1874-5

taking or obligation to repay it. I am further of opinion that
when an appropriation has been made for tlie ordinary current
expense!", and the tax levied to meet them, neither the incurring
of such expenses nor -the anticipation of such revenues to discharge them, will constitute a debt within the meaning of the

have

1C5,8S3

CONTIHBSfT

It is

'

Stocks Held bt Spinners.— In our Annual Review for the
season ended 30th September last, we showed that English spinners held a surplus stock of 8,000,000 pounds, or 20,000 bales of
400 pounds, on the 30th of September, 1873, against about
34,000,000 pounds, or 85,000 bales, on the 30th of September,
1874; and that Continental spinners held no surplus stock last
September, against 28,000,000 pounds, or 70,000 bales, the year
before.
The consumption for the current season we estimated at
1,265.000,000 pounds for Great Britain, and 937,000,000 pounds
for the Continent.
The actual consumption last season was about
1,324,377,000 po«uds in Great Britain; but, except during the

I

i

May

THE CHRONICLR

13, 1876.]

raU

stoppage of machinery at Oldham, &c., the

of conaamptlon

basis of 1.244,000,000 pounds— about 20,000,000
pounds, or r)0,0(X) bales, having been saved by the stoppage of
machinery aforesaid. On the Continent the actual consumption
With this explanation the
in 1874-5 was 908,329,000 pounds.
iollowiog statement will be understood
COVntTWHT.
/
OBKAT BRITAIlf..—\

was on the

:

.

/

Deliveries six

monthi

Surplus Block held by spinners September 30lh

1S74-5.

1S75-6.

1W74-5.

lSr5-«.

Pounds.

Poandi.

696,»4,060

68»,0ti6,820

Poundi.
Pound*.
5»,965,M0 4S7,333,100

goco.ooo

»«,000,000

28,000,000

704,aW,080

7«S,066,8M
6ai,00«,000

545,961,601
468,000,000

4«\881,100

taS.O.O.OCO

n^A («n

101,066,810

77,965,600

11,888,100

SiB,0OD

195,000

88,000

1

(

SopplT
ConKumption »lx mouthi
SurpUiB stock held by spinner8 March 81st
Bales of 400 pounds

«..)

1

'

f

1

^

180,000

454,000,003

English spinners, therefore, hold 73 000 bales less of surplus
stock than they held twelve months ago, while Continental spinFor all Europe the surplus stock
ners hold 187,000 bales more.
at the mills is O.'5,000 bales larger than at this time last year.
By inrplvt stock we mean stock in addition to the quantity

The total surplus held
requisite for ordinary working purposes.
at the mills in Europe, as shown above, is 375,000 bales this year,
against 280,000 bales last year.

The

rate of

consumption above given

an estimate, predicated, of course,

necessarily

is

upon the spinning

i. «., number of spinning spindles running, and
average number of pounds of cotton used per spindle,
When,
in England and on the Continent respectively.

capacity,

however,

we

consider the utter want of enterprise or

speculative spirit prevailing in Great Britain, the absence

of which always must
the strict

show

economy among

itself in smaller

all

working

production;

classes,

which the

makes neces-

continued depression in commercial circles
sary; and also the law reducing the hours of labor now
in force;
when we consider all these adverse influences,

—

can scarcely give the figures for England our fullest
confidence. Of course there is compensation in the

we

higher speed of machinery and the lower count of yarn,
upon a material decline in the price

•which always follows

we cannot

think this is a suificient
offset.
Then, again, the figures given for the Continent
look to us, under the circumstances, like a maximum
estimate, even after allowing the largest influence for the
of raw cotton ; but yet

459

The importance of this tnviaible stock in forecasting
the future, increases in force upon examining the expending or yarn-producing value of this year's supply
of cotton compared with that of last year.
It is probable that supply from India will fall off, say, 250,000
bales ; but that from the United States to Europe can
be increased some 000,000 bales, and from Egypt about
50,000 bales beyond all deficit from other countries.
Egyptian bales average 574 lbs., those of Brazil only
158.
We do not know the average weights of the
American crop of 1875-0, but from partial returns received it looks as if the average would be 15 lbs. per bale,
or more than 3 per cent, more than the crop of 1874-5.

The crop

of 1874-5

was cleaner and of better grade than

—

charactcrbtics of a dry
maturing season. The crop of 1875-6 has a larger portion of low grades and dusty cotton, quite too many
bales described as " dirty ;" but few crops have ever
had such average excellence of staple, the great point of
value in spinning. This, when "waste" in spinning from
all causes is made up at the mills, more than compensates for the greater portion of trash and dust in the crop
of 1875-0, leaving the increased weights a net gain in
expending value equal to 150,000 bales of the average
of 1S74-5. These facts are presented in explanation of
the great difference found by spinners in the average
weights of cotton in the supply of 1876 as compared
with that of 1875, in the statistics above quoted, 7^ per
cent in Great Britain and about 5 per cent on the Continent, and to show that computations of supply and consumption, based on the number of bales only, and not of
usual, but of very poor staple

—

pounds, will be delusive.

With these explanations, we give the following as our
minimum estimate of supply for the year ending October
1.
The weights of bales we state the same as they

averaged in consumption last year, except for American,
which we increase ten pounds, instead of, as above,
In accepting, therefore, Messrs. fifteen pounds, seeking to understate rather than overfact of cheap cotton.
Ellison & Co.'s rate of European consumption, it must state the total.
be understood as indicating, according to our view, the
EUROPEAN 8UPPLT FOR YEAR ENDING OCTOBER 1, 1876.
highest possible total, and one which very likely will not
Bales.
Average.
Weight, tti.

be quite reached.
By " surplus stock "

is

to be understood, as the above

the stock held by spin-

extract from the
ners " in addition to the quantity requisite for ordinary
circular tells us,

" working purposes."

That

surplus in the mills of Great

&

Co., reduc»d to
was, according to Ellison
8,090,000 pounds, or 20,000 bales of 400 pounds each,
on 30th of September last; and on lA April they find it

Britain

3,250,000

449

1,459,250,000

East Indian

1,250,000

360
158

450,000,000

236,340,000

250,000

574
825

Total, year end'gOct.1,1876. 5,630,000

403

2,283,000,000

Brazil

530,000

Egyptian
Other descriptions

410,000

83,160,000

50,250,000

&

Co.'s estimate of
Now, if we accept Messrs. Ellison
consumption, the total statement would be as follows :

pounds each. It follows that
had increased their "surplus"
160,000 bales in the six months. Hence, for more than
four months following the 1st of April, they could, on the

was 180,000

American

bales of 400

Year's consumption, Gt.Britain. .lbs. 1,265,000,000
937,000,000
Year's consumption of Ccmtinent

the English spinners

3,203,000,000

Total consumption

2,383,000,000

Total supply as above

above consumption, cut down their takings
from market 10,000 bales per week below their estimated
consumption without exhausting that first of April
In like manner, tte Continental spinners could
Burfilus.
run their full consumfSfen for the same time, though
taking weekly 12,000 bftles short of what they use. In
accepting Messrs. EUilon & Co.'s meaning of " surplus
basis of the

Leaving surplus, visible and invisible
Equal to, in bales of 400 lbs. each

lbs.

81,000,000

302,500

This result after our large crop is surprising. To find
that, even in this perioA of universal depression, the
world's supply is all consumed at the year's end, except
about 200,0C0 bales, when our contribution has been so

much

stock " held by spinnftrs in Europe, we should claim that
"
the " quantity requffite for ordinary working purposes

increased,

is

certainly a fact of

some

significance.

And yet we must not presume too much upon it, for, as
we have already said, the above estimate of supply is a

by them besides the surplus on 1st April was,
consumption is a maximum
according to the Chronicle statement, (see Chronicle minimum figure, and the
already in the hands of
surplus
the
Besides,
figure.
of July 31, 1875, p. 99-100), several hundred thousand
decrease their takings
largely
to
them
enable
will
spinners
bales.
But that matter we omit at the present time, and
seen; and in case
already
have
we
as
weeks,
many
for
confine ourselves to the surplus gained since 1st October,
Summer a full
the
premise through
and one indisputably existing and available 1st April, our crop should
will
be about as
production
yield, the above excess in
1876.

held

1

a

THE CHRONICLE.

'46-0
effective in depressing prices as if larger.

&

.

Messrs. Ellison

Co. give the "prospects" as follows:
The market closes very quietly, and for the immediate future

[May

13, 1876.

the matter to the satisfaction of stockholders. The following
statement of Commodore Vanderbilt, reported as having been
made in conversation with a Tribune reporter, seems to be a

the outlook is not very cheering. Spinners, as already shown, comprehensive and pretty fair view of the general freigh*
hold considerable surplus stocks of the raw material, and question involved between the trunk lines
although they are also fairly under orders, their contracts are
The primary cause of the trouble is the fact that the railroad
running out faster than new business is coming in, and, unless
facilities of the country are more than sufficient for the work to
trade in Manchester improves, consumers may operate very sparbe done. As a natural result of this, each railroad tries to get aa
ingly in this market for some time to come. The stocks of goods
great a monopoly of what traffic there is as it possibly can, and
abroad, however, are not excessive, and a trifling decline in
the law of self-preservation obliges each road to protect itself
values would lead to a repetition of the activity witnessed three or
against the competition of the others. The great source of
four weeks ago. By and by the course of the market will be
income to the trunk roads is the freight which is carried from
influenced more by tae prospects of the new American crop than
the West to the seaboard. For the sake of illustration, suppose
by the current supply, and as some reduction from the yield of
all goods to be shipped from Chicago to the seaboard to be for
the past season is pretty certain to be indicated by the earliest
either Boston, New York. Baltimore, or Philadelphia.
The disreports, producers are not likely to take extensive orders for the
tance from Chicago to Baltimore, by the Baltimore & Ohio Kailforward delivery of yarns and goods, on the basis of the present
low prices, without covering. It is possible that prices may be road, is 100 miles less than the distance from Chicago to New
York, by way of the New York Central, and the distance between
allowed to sink a little further, but a very trifling circumstance
would bring in buyers, and lead to a reaction more extensive even Chicago and Philadelphia, by way of the Penn-'ylvania Railroad,
is also about 100 miles less than the New York Central route.
than that witnessed during the first three weeks of March. Prices
The Baltimore & Oliio and the Pennsylvania roads have demandare so low, and the circumstances of the market are such, that
ed from the Central the right to reduce their fares to correspond
there is more need for caution in selling than in buying.
with the difference in distance, bat Mr. Vanderbilt tliought that
"
leave these conclusions with regard to the
pros- if the Central could afford to carry freight 100 miles further
for the same charge, and make a living by it, the demand ought
pects," to our readers.
The potent influence of the not to be complied with. On the other hand, the Grand Trunk
" new American crop " is undeniable. But it is hardly- Railway, from Chicago to Boston, is tf longer route by 1.50 miles
than the Central route, and ou this account the Grand Trunk
wise to make much of a venture on the expectations with demands
the right to reduce its fares below those of the Central
regard to that crop, or to say more about it, until at least to attract shippers.
Thus the Central Railroad, Mr. Vanderbilt asserts, is placed on
a " stand " is secured and it is well out of grass.
the defensive by all the other trunk lines, one road demanding
the right to reduce fares because it is a longer route, and the
other roads demanding the same right because they are shorter
THE 0PE^'1^G OF THE PnilADELPHIA EXHIBITION.
routes.
The Central road would be satisfied with uniform rates
from the West to all ]X)lnts on the seaboard.
It is a great pleasure to know that more than usual suceess
It is certainly unreasonable to ask that New York should b«
attended the opening of the International Fair at Philadelphia
on Wednesday of this week. To repeat the varied incidents of allowed none of its proper advantages in the way of capital and
the occasion, so fully and well reported by the daily press, would shipping facilities, and that the other cities should be placed
,

:

We

little profit.
Through almost unnumbered trials and
discouragements the enterprise has been carried, and the present
very promising condition reflects great credit upon all connected
with the management. For, although national in name, it has

be of

received but feeble and tardy assistance, both from the General
Government and from the great mass of our people.

That, however, was inevitable in a country like ours. We
Lave no powerful central authority to organize and direct such a
work. In the very inception of the enterprise this was known to

be a difficulty which, in any event, could only partially be
overcome. And yet it was necessary that official sanction or
recognition should be obtained to give it an international standing
throughout the world. We are all familiar with this portion of
its history and with the final incidents in its connection with the
Government and we only refer to them, and to the numberless
other hindrances and embarrassments met and overcome, as
circumstances which enhance the success now it is attained
success, not of the country, but of one city and one State mainly,
guided by the judgment and energy of a very few men.
Under such circumstances, an opening so satisfactory, must be
peculiarly gratifying. Every one admits that the grounds and
their arrangement aie superior to any ever before devoted to
such a purpose; that the buildings are very complete, and
remarkably well adapted to the necessities and wants of the
exhibitors and visitors that even now the display of the pro;

—

;

ductions of diflerent nations is very creditable and attractive
and in a brief time all parts of the exhibition will be in
complete order.
trust the enterprise will also prove a financial success, and there is every reason now to
expect that it will.

;

IN APRIL,

AND FROM JAY.

1

TO APRIL

present reduction in rates, but without settling

While low freights on
a steady basis are greatly desired by merchants, both East and
regard to these railroad " wars,"
is as much opposed to them as
any one else, ai;d now even the Chicago grain men are complaining that the unreasonably low rates have injured their busiuees
by sending grain right through Chicago from points further

West,

it is

a significant

that the mercantile

fact, in

community

West, and by making previous contracts for Lake shipment turn
out to be unprofitable.
yet too early to make any estimate of the profits likely to
from Centennial passenger business, though nearly all the
roads expect to make something by it ; the accounts given of the
Exhibition are so far favorable as to stimulate travel and bring
up receipts to the best point that had reasonably been anticiIt is

arise

pated.
SBOSS EABSINSS IN ArRIL.
Atchison Topeka

Cairo*

St.

Santa Fe..

Louis*
Alton

Chicago &
Chlcaso Mil.

&

$197,000

5112,474

Increase.
$S4,523

108,45-J

lOt',755

61,637

18,405

20,363
367,955

1876.

&

Canada Soutiiern

3.VJ,5.30

Paul
Cinciunati Lafayette & Cliic*.
St.

..

650,9J4
SS.ses
31,84*i
1-29,743
54(i,081

Indianap. Bloom.
West
International & Gt. Nonhern*.

130,308

Kansas Pacific*
Michigan Central
Mo. Kansas & Texas
Ohio & Mississippi

173,2-39

57,.'i81

610,513
214,788
Z0i,l>i7

St. L. Alton &T.n. (branches).
St. Louis Iron Mt.* Soalhern.

Kans. City & Northern..
St. Loais & South Eastern*...
Toledo Peoria & Warsaw
St. L.

Total

$33,782
37,701
275,403
231,002
57,J78
lie,043

$4,612,916

1875.

Clu. Lafayette

&

Chicago*...

Denver & Rio Grande
Houston & Texas Centra
Central
Indianap. Bloom.

*...

Illinois

&

* West

lutcrnatloiial
Gt.
Kansas Pacific*

Michigan Central
I

»

North'n*

1876.

S6f,M9
098,785
72,415
1,361,503
2,263,382
Ii2,492
127,339
916,15j
2,848,143
503,S55
411.741
80J,8S1
2,ii6i),915

Tb'ce weeks only of April in each year.

S
7,958

11,275

2J,7i3

1,160

3!,lfi2

316

107,^13
610,159
102,876
62,3S8
205,931
600,066
192,471
273,441
253,779
40,446
261,£60

21,930

64,378
27,433

4,70T
32,693
10,477
83,317
33,196
29,9 8

2,745

220,6'I2

10.840
13,310

60,678
74,t09

43,234

$4,374,511

GROSS XABNIXaS I^OM JANTABT
Atchison Topeka & S. Fe....
Canada Southern
Cairo * St. Louis*
Chicago <S Alton
Chicago Milwaukee* St. P..

Decrease.

14,4!!5

639,66')

Net increase

passenger fares from Boston to Chicago to $10,
but as it has been stated that Mr. Joy, of the Michigan Central,
refused to "pro-rate" on this basis, it is to be presumed that the
Grand Trunk was unable to carry out its proposal. There have
•been numerous charges
and counter charges, including the
published correspondence between Mr. Vanderbilt and the
officers of the trunk lines further South,
as to the responsi-

shipments

the officers of the different roads, as well as the stockholders,

Paciflcof Missouri

to reduce

bility for the

practically forbids

are deeply interested in preventing any.

&

30.

which

As to the actual status of affairs at present, notwithstanding
the various rumors, we are unable to learn that there has been
any redaction in West- bound freights or in passenger rates, and

Illinois Central

Gross earnings for April compare favorably with the corresponding month of 1875. The general movement of produce
and merchandise in the country seems to be ahead of last year,
in volume, and railroad business for the first four months shows
a material improvement. The important event of the past month
was the reduction in freight rates from Chicago eastward, in
consequence of the breaking up of the pooling arrangements of the
trunk lines. An attempt was also made by the Grand Trunk of

Canada

tariff

Denver & Kio Grande
Houston & Texas Central*.

We

RAILROAD EARNINGS

ahead of this by a

of grain, &c., to this point.

1

TO

1875.

$363

5<*5

318,b04
66,145

3,400

$370,187
238,403

$131,782

APBII. 30.

Increase.
$274,951

EecreaES.

$

279,981
6 270

!,3T9729
I,931,5(«
116,197
102,686
747,915
2,278.690

425,555
4"9 0t0

33'l,624

6,V95
»4,f,53

168 2.J7
69,458
84,301

2 684

f:«,2-;4

8,153,802

26,380
107,113

I

—

—

:

May

1i

:

$971,781
],«a9,8-.3

1,183,955
157.971

osi.ias

S.«i,S67

aO 4.738
1,078.171

181.731

& Warsaw

!M0,8t)O

1m",3(!8

$18,966,129

$16,714,329

$8,319,864
2,851,800

Total

&

315,801

1876.
$38'>,r51
89,603
2J1,78I
80.757
1 19,889

Qnincy

Clcvdand .\It. Vurnon &, Del..
Houston & Tex;is Central
.

Louisville Oin.

&

.

LcxinglOQ..

Mobilo&Ohlo
Nashville Chalt.

&

Louis..

St.

Paducah A Memphis
Philadelphia* Erie
St. Paul Jc Sioux City
Sloui City & St. Paul
Total

8,10:

for

113,'430

35,051
309,811
110,806
1)0,831
136,818

1«,93!
217,019
48,581
27,791

258,88)
88,HUJ
14,159

1876.

Chici?oBirIin?ton

&

$

Qiiincy.. $5,611,313
Clev. Mt. Vernon
Delaware...
81,591
Houston it Tex IS Central
736,409
Mobile&Ohio
557,055
Nashv. Ohattanoo^'.i
St. L....
431,133
Paducah & Memphis
59,765
Philadelphia
Brie
7J5,183

&

DATE,

Amsterdam
Amsterdam...
Antwerp
.

9,768
6,267
14,189
13,6.38

$73,651

$75,93.)

Total
Net increase

Dec.
1,741

ii'i,.',or

73,901
55.879
12.011
73,987
81,92)
47,158

ia>,7ll
8U,8J9

47,181
631,141
70,311
3J,677

$5,.523,0i4

$4,963,668

&

31.

Inc.
$98,3)7

86.:nj
6i0,10j
45!,:5I
48--,3 9

&

St.Paul i; Sionx City
Sioux Ciiy & St. Paul

to mabch

1375.
,546.031

,

S mouths.

$1,781

The earnings aid expanses of the Michigan Central Railroad in March,
compared with the same moath in 1815, are shown in the subjoined

etatemeut
1876.

1875.

$611,810 85
458,376 96

Net
$195,801 40
$158,833 89
is a statement of the gross earnings, operatina: expenses and
earnings
month
of
net
for tha
March, and from January 1 to March 3;, of all
the roads that will furnish statements for publication;

—

1876.

&

Burlington Cedar Rap.

$105,343

Operating expenses

73,92

Net earnings

Net earnings
Vernon

March

1876.

71,333

$299,459
205,923

$31,921

$88,885

$93,541

$^85,733
5.4,025

S92),9-83

537,161

$2.614,3.38
1,379,112

$371,7j8

$383,763

$1,264,9 i6

$21,608

$35,051
a6,649

834,591
09,7;2

88,402

$14,899

Operating expanses

23, 51

Netcamings

&

$97,218

& Del.—

Gro.ss earniugs

Houston

1 to

& Quincy—

Gross eirnin.'S
Operating expenses

Clev. Mt.

1875.

Jan.

.31.-,

isrs.

Minn.

Gros.^ carninijs

CJic. Burlington

,

8),097

8268,481

19V300

Paris
Paris

short

II.IO
25,85
20,3)
86.25

Vienna

8mos.

liolii')

Hamburg

,1

Berlin

QiiOM
"
Frankfort
80.56 S80.6J
*•
St. Petersburg
Cadli
Lisbon
90 days.
5i>ia5i«
Milan
3 months. 27.70 a87.16
'•
Genoa.
87.70 287.75
-Vanles

II

Madrid

•»

Pernambuco

$12,508

Net earnings
Louisville Cin. &
Gross earnings

$2\5.21t
167,58)

$789,409
496,881

$640,102
504,72)

$68,684

S;7,e31

$239,568

$135,314

$81,757
65.539

$110,8)6

$213 139
185,747

1

53,077

Lex.—

Operating expenses

Net eirnings
Missouri Kansas & TexasGross e ;ruings
Operating expenses
Net earnings

101,014

$15,213

$9,798

857,S82

$345,814

$2)3,09)

137, 106

111.8^7

$751,993
378,493

S623,0n9
319,687

$108,703

121,208

$381,493

$308,322

$136,818

8425 309

92,878

94,516

$431,188
283,816

Net earnings
Paducah & Memphis-

$53,102

$41,612

819J,312

81.9,112

Gross earnings
Operating expenses

$16,931

816

9W

$59,765

847.121
37,06 i

L.—

Net earnings
Philadelphia &, ErieGross earnings
Operating expanses

Neteamings

& Southeastern
Gross earnings
^
Operating expenses

306,197

Sionx City & St. PaulGross earnings
Operating expanses

Net earnings.

15. 90
16.

days.

48Ji^49
43 l%43V

^X

26

29

V

Calcutta

Hong Kong...
Shanghai

U. 8Xd.®Jid.
i«.

sad.^ad.
Ss. IM.
5«. ua.
Se. 9d.

....

.

April 27.
April 86.
April F.
April 6.
April 8.3.
April 26.

.

....

8 i-lM.
U. 9 I-16<f.

6 mos.

If.

load.
3\d.
10va8». Ud.
it.
6s.

3t.

SmoB.

!

!l7

LFrom our own correspondent.1
London, Saturday, April-29. 1876.

Since the redaction in the Bank rate of discount last week to 3
per cent, the money market has assumed a still easier appearance,
and, were it possible, a still lower oflBcial minimum might ba

looked forward

to.

But although the Bank

figure of 2 per cent, the

Bank

rate is at the

low*

is still

no indicatipns'of a change from that unsatisfactory condiThe caution exercised in commercial circles
causes the financial requirements of the mercantile community to
be very limited, and with no prospect of any immediate improvement in trade, there is no hope that the supply of mercantile
to be

of affairs.

paper will increase. The serious failures of last year have naturhad an important intiaeuce in fostering a spirit of extreme
caution, and there is still great indisposition to depart from this
policy.
The effect, however, of the cautious trading of the last
few months ouarht to ba baneSjial. Sj miuy reckless firms have
now been weeded out, whilst miay firms prone to speculatira
operations have been compelled to trade within legitimate bounds,
that a sounder condition of affairs
respect

it

will bo admitted that

must certainly

we

are in a

exist,

much

and

in this

better position

than we were at this period last year. There is, nevertheless'
great timidity amongst capitalists, b:;th large and small, and as
to regain confidence is a slow process, we must naturally expect

37,892

$22,473

$10,053

$217,019

$705,128
5,1.118

$611,141
465,955

of 1S70-'71, all classes of the

170,934

$558,236
16 143

$76,085

$54,143

$194,010

$163,186

885,331
76,853

$83,9)0

$554,523

which have occurred during the last five yearj, the disclosures
which have been made respecting the negotiation of foreign loans

81,1,~

$219,821
217,519

88,478

58,793

832,848

$32,865

-i.

281,658

$27\<110

$935,510

176,157

43:j,893

$818,611
478,630

$130,729

$99,753

$458,817

$329,9.J1

$271 ,239
149,014

$243,991

$300,2^8
422,021

$543,214

$42,521
23,7 4

88S,.391
86,8 J3

8125,741
00,317

$70,ei5

$ri,8;7

$.',169

$15,414

deacitS5,179

$87,791
20,955

$'4.1.59

83 1,821

$33,677

I9,0r6

61,097

46.503

defl't$4,917

$19,738

$131,216

$6,836

that, after the

which have arisen since the war
community are circumspect in what
The numerous commercial and Qnanclal panics

many

they undertake.

difficulties

in this country, the fluctuations in the rates of discount, the im-

movements in gold, and the fall in the price of silver, are
having their influence, and great difficulty is experienced in
No outlet being found for
trading with any certainty of profit.
our supplies of idle money, the accumulation in the London
market is necessarily very great, and it is a general opinion that
a
during the next few months \here will be no check to it.
must now await the period when the trade in autumn and winter
goods will commence, but even the advent of that period can
have but little inttaence, as there is no reison to believe that the
spending power of the country, or of those countries which are
large buyers of us, will, during the brief period which has to
elapse, have been materially enhanced. The most encouraging
view we can take of the commercial position is that it is sounder
than it was, and that compared with this period last year, a
portant

all

$378,18?

St.

Neteamings

March
March
March

13,3ij5

No.—

Net earnings
Paul & Sioux CityGross earnings
Operating expenses

4.87X

M

$1,633

Louis Iron Mt. & South.—
Gross earnings,:
8390,201
Operating expenses
165,475

Net earnings
Louis Kansas C. &
Gross earninzB
Operating expenses

ti.CO

April 27. 60 days.
days.
April 19.

18,008

St.

St.

3mos.

73

4;«a«7x

84,924

St. Louis

Net earnings

81«

..

Bombay

Singapore,.
Alexandria

8 mot.

ally

$I4),981

Nashville Chat. & St.
Gross earnings
Operating expenses

©27

SO. 40

^...

,,

Montevideo...

tion

$221,761

87.70

80.40

short.

80.51

underbid by the open mar870,1&4 ket, the best short-dated and three-months' bills being taken at
IJ per cent. It is even said that choice parcels of bills have been
82,546,r31
1,449,770
discounted at ^ per cent, while in the StocK Exchange it baa
been found impossible to lead money for short periods upon
81,096,261
Government security. The demand experienced for money is, in
$83,3lV
73,810^ 4act, upon a very restricted scale in all quarters, and there appear

Texas Central-

Gross earnings
Operating expenses

8m08.

^.45

"

The following

—March.-

18.8>iA12.S«

short.
12.1>«l[ia SJ<
8 monttaa 25.40

Rio de Janeiro 60 days.
Babia
Buenos Ayrefl..
....
Valparaiso
• >.

$563,101
8551,338

153-3,98158
338,180 12

.

NewVork....

1376. as

Gross earninjts
Operating expenses

latest

80,019

2,884
1

SXCQANQB ON LONDON.

58.

6,443

$1,830,233

EAnmNss vbom iandabt

APRIL

16,550

16,9H

$1,817,951

BATHS OF BXOHANOB AT LONUON AND ON LONDON,
AT LATEST DATES.

Decrease.
$35,170

«

$980,983

Mirch

BZCHAMGE AT LONDON-

Increase.

1875.

News

Catest iHoitetaro anb (Soininercial (EngltsI)
$97,464

Net decrease
enoss

;

ie3,8!i4

Net increase
• Three weelis only of April In each year.
The following companlca havo recently reported their eamlnss
On093 EARNINOS IN UARCU.
Cliicago Burlinzton

The Eresldent of the Ram<> Watertown ii O^denshurK BR. farnUket the
following statement: Grots eiriilngs. .March, 1376, $93.03) 61 operating expensei, $66,059 ot not earning', $11,980 47. The grose etrnlajct dnrinf the
tlrrt quarter of 1876 were $41,5^1 45 in excess of tbus^ of the correaponalne
period la 1875 the net earnings during the same period Inereued 9M,986 OT
on those ef last year.
;

41,758

1,031,410
807,099
438,828

4ttl

;

155,532

1,-J10,»i0

....

t

$l.'>l,aOI

k

.South ..
8t. Louis Iron Mt.
St. Louis Kan. Ciiy& Nonh'n
Bt. LoQisA 8. Ei.-n;rii»

Decrease.

Increase.

1875.
t8i0,48l|
1,1114, V21

1876.

Mn. Kan»n9& Texas
Ohio & MissiBslppl
Pacific of MiMonrl
St.L. Alton & T.U. (branches)

Toledo Peoria

.

THE CHBONICLP.

1876.]

13,

75.994

defi't

$12,889

W

:

:

:

:

:

THE CHRONICLE.

462

[May

13, 1876.

marked improTement has taken place— not, indeed, in the actttal
l^'gold
peroz. sundard.
batineM doing, but in the more le^^timate manner in which bar- Bat
Gold, fine
per oz. standard.
Bar
Gold,
reflnable
par 02. standard
gains are concluded. Atl claises ot the community are undoubtSpanish DouhloonB
peroz!
edly compelled to economize, and where thrift is exercised, a South American Doobloons
peroz
nnited StA'flB Gold Cola
peroz
beneficial result must eventually be attained.
The process may German Gold Coin
peroz.
be, and, indeed, always is, a slow one, but a position must
«II,VBB.
Bar Silver, Fine
per oz. standard
last price.
eventually be reached which will justify the extension of com- Bat Silver, con'ng 5 grs. Gold., .per or. aiandard.
do
mercial transactions with confidence.
The present year promises to be more bare of financial enter-

Kexican Dollars
Spanish Dollarfl (Caroine)
B^lve Franc Pieces
Quicksilver, £10 per bottle.

per oz.
do
peroz. none here.
peroz.
Discount, 3 per cent

prise even than its predecessor.
A few companies have, since its
Business on the Stock Exchange has been upon a restricted
commencement, been introduced to public notice, bat they appear
scale, and the tone has teen dull.
A prominent feature has con.
to meet with but little support. Foreign loans, after the recent
sisted in a demand for consols, which have, in consequence, been
experience, are certain not to meet with favor, and as those counadvancing in price. The public have been operating to a very
tries in whom the public have confidence do not seem to require
limited extent, and all speculative securities have therefore been
financial aid, there is no reason to anticipate the introduction of
loans for foreign countries at present. It becomes, therefore, a adversely affected by the dealings of speculative cliques. The
closing prices of consols and the principal American securities at
difficult question to answer as to how our supplies of idle money
will find employment.
The general impression is that money to-day's market, compared with those of last Saturday, are

market for a long time to come, and that
there need be no discussion about dearer money until the autumn

will remain easy in this

And even then, perhaps, equal difficulties will exist in
procuring safe employment for our supplies of idle capital.
The position of the Bank has improved during the week, the
arrives.

proportion of reserve to liabilities being 48 66 per cent. The
supply of bullion is as much as £26,258,087, against £31,623,290
last year; while the reserve of notes and coin amounts to
£13,800,027, against £9,180,760.
At the commencement of the

year the proportion of reserve to liabilities was somewhat under
29 per cent, so that an important improvement has been estab
lished.
The reserve at the commencement of the year amounted
to £8,134,241 and the supply of bullion to £21,215,761,
The
Bank rate was then at 3 per cent.
The demand for money during the week has, as already stated,
been upon an extremely moderate scale, and in the open market
the rates of discount have had a downward tendency. Choice
parcels of bills have been sought after, and it is said that
business
iias been done at as low a figure as
i per cent. The following
;

are the quotations

Do

3

|

|

Fer cent.
bills
bills

ISiitlV
lli&lfi

^andemontha'tradebUle.

}^
1^

f';?*,S".W""'
o montbs oille

Open-market rat«9
4 momtis" bann
6 months' bank

I

@25
^

2

^or

J

to the difficulty experienced in

employing money, some

of the discount houses have reduced their terms,
allowed for deposits being as follows

the rates

iSB.

1885
1885
to Feb. 27,'69, 6a... .1887
1881
1904
1875

10-40, 58
i

Massachusetts 59

Do
Do
Do
Do
Do
Do
Do

April 29.

95>i® 95>f
I88'

Louisiana, 8s
Do
6s

1888
1894
1900
..1889
1891
1891
18S5
1895

58
5s

5a
58
6b
53....
6s
Virginia Btock 5s

110

laiii

ia3vi@!0^
105

@107

W9Xm09Ji
106
1U7
35
35
10;
1U4
103
103
103
103
103
1U3

&

35
35
101

78..

..

. .

&

Line) Iflt mort, 68.1911
("Tunnel) Ist raortgsge, 6b,

do
by Pennsylvania

& No. CentRailway) .1911

Central of New Jersey, cons. mort.. 78
1899
Central Pacific of California, Ist mort., 6s
1896
DoCalifor.&Oregon Div.lstmort.gld.bde,68.189J
Do Land grant bonds
1890
Detroit <& Milwaukee Ist mortgage, 7«
1875
Do
2d mortgage, 89
1875
Erie $100 shares
Do preference, 79
Do convertible gold bonds, 7s
1904

now
*

Ex

C

91

vaamoiv
105
109

©103
@IOS
@105
@105
©105
®105
@105
@10S

35
60

-'....

22.

953i@ 95X
®110

45
it 45

...

68*

April
109

ai07

ai09W
aioox 10SX@108
©107H

@ ....
® 40
New funded 68
iigos
&
_ 6«
AHBRIOAN DOLLAB BONDS AN1> 8HAREB.
Atlantic & Great Western 1st M., $1,000, 7a. ,.1902
24 @ 26
Do
2d mort., $1.000,
1902
10 @ 12
Do
3d mort., $1,000
1902
4 @ 5
Do 1st mort. Trustees' certificates
24 ©26
Do 2d do
d*
10 © 12
Do 3d do
do
4 @ 5
Atlantic Mississippi & Ohio, Con. mort., 78.
.1905
28 © 32
Baltimore
Potomac (Main
Do
Do

(guar,

^" r*°*-

Redm.

Do
5-20a
Do
5-20
U. 8. 1867,»371.346,350
Do funded, 5s

:

»— V ..».
uanKrata...
Open-market rates:
Owing

subjoined
Consols for money
United States

©93

® 94
®
@
@
@
12X® 13V
21 ® 23
34 a 36
92

95>i®

fl6>tf

96
97
89V4(a 90X
84
86
35
45
35
45

103
102
102
102
102
102
102

& 45
& 45

@103
@105
@10l
@104
@104
@104
®IOi
(3104

....&

....

35
60

40
63

24
10
4
24
10
4

28
91

92
96

®
®

(3 as
13
5
26

&
®
®
@ 12
® 5
® 32
® 93
® 94
a 97

95k1 S6V
83
35
35
14
23
36

@ 85
® 45
® 45
@ U}i
© 26
® 38

coupons, January, 1872, to Jnly, 1874, inclusive.

Morgan & Co. notify that in conformity with the
terms of the mortgage of the Baltimore & Ohio Railroad Company's six per cent loan of £2,000,000, the sum of £9,000, together
with the interest accrued on investments, has been employed in
the purchase of |53,000 Sandusky Mansfield & Newark Railroad
Messrs. J. S.

Jolnt-stock banks

^t' SS°*'

DlBconnthouseBatcall
DieconnthouBeBwithTdays'notice.'!.".".";.'
days' notice

Discount honsee with

S'"

}

miu
@ij

i

U

'.'.'.'.''.'.".'.'.'.','.'.'.'.

1

Annexed is a statement showing the present position of the Bank
Bank rate of discount, the price of Consols,

of England, the

the average quotation for English wheat, the
price of Middling
Upland cotton, of No. 40'b Mule twist, fair second
quality
»nd the Bankers' Clearing House return, compared
with the
pieTiooa four years
1872

1874.

£

1875.

1876.

£

£6.308,250
9.937,735
19 25."- 287
laisoe.OS?
28,355,960

£

£

26,663.803
12,761,007
19,308,520
13,380,961
23,608, 175

86,626,416

13,803,274
26,132,169

27.143,7:0
6,485.118
17,713,869
13,588.111
18.40D,377

27,740,140
3,595.377
22,463.140
!4.545.3f5

10,638,865

10,991,897
•
,

10,393,818

9,ls0,76J

13,800,027

» both departments.
... 21,553,455
22,164,097
Bank-rate
4p c
4 p. c.
OouboIb
931^
93«
Bnglieh wheat. ....:.;:
E4s. ed.
54e. lOd.
Mid. Uplandcotton
ilwd
»>.d.

21,654,753
4 p. c.
93ri
608. Od.
Siid.

21.023,290

26,258,687

Clrcolatlon, Including

bank post bill.
Poblic depoeits

Other depoBitB
QoyernmentBecarltles.
Other securitieB
Reserve of notes and

nS?'°-"Vv-,V,
Coin .and balllon

£

in

No.40muleyarnfalr id

."

14,5<i2,123
!7,99S,»;iO

qnaJity
1,. 43.
1,. jj^d.
„. jj
Clearing Honee returt 137,713,000 112,535,000 116
660 000

The

17,6'.W,624

3X

p. c.
94
43a. 4d.

2

95«
6?id.

om.

le,

ll^d.

Ob.

81,82l,UO0

81,181,000

following are the rates of discount at
the leading cities

abroad:

Bank Open

Bank

rate, market.
per cent, perjient.

„..,.
i^«is

,

Amsterdam."

Hamburg
Berlin..

Frankfort

Vlennaand Trieste....
Madrid, Cadiz and Barcalona
Lisbon and Oporto,.,
St. Petersburg

The

rate,

2v

Bmesela

3

a
8
8
8

Turin, Florence

"t

4

4V

Open
market

per cent, per cent.

4

Rome

'

;.

6

6

4

3Ji

Copenhagen.

6>)f

ex

Constantinople

Calcutta

.

..,.,,

2«
4«

quarters in

3«

markets have- been 1,529,777 quarters, against 2,049,514 quarters
and in the whole Kingdom, 6,120,000 quarters, against 8,198,100
quarters during the corresponding period of 1374-5. It is alfo'

5
31Z
..

jiii
5

The

prices of bullion are

now

as follows:

Since harvest, the sales in the 150 principal'

computed that

last year's crop has thus far produced nearly
£16.000,000, while neariy £18,000,000 was realized in the same
period in the previous season. The falling off is as much,
there-

silver

of England.

1875.

;

.

market has been quieter, ami fine bars are no* selling at 58Jd per ounce. There has been scarcely
any demand for
gold for export, and further supplies have been
sent into the

Bank

redeemed at par within 73 years.
The weather during the week has been favorable, and husinesg
in the wheat trade has been exceedingly quiet, but there has been
no material change in prices. Good English wheat is very scarce,
and there hag been a moderate inquiry for sound descriptions of
foreign produce.
The supply of wheat afloat to this country has

6
4

Genoa
Geneva
New York

loan for 120,000,000 francs for the city of Paris is about
The beads, which are to be of 50O
francs each, are to bear interest at 4 per cent, and are to be

~
8«

and

Leipzig

A new

to be introduced in that city.

increased to 1,250,000 quarters.
The large visible supply in the
United States, and the belief that Russia has still a large stock ol
grain available (or exportation, induce millers to operate with
extreme caution, and principally from hand to mouth. The stocks
here are considerable, though they are less than they were.
The return for the week ending April 22, shows that in the 150
principal markets of England and Wales the sales of English
wheat amounted to 37,390 quarters, against 68,744 quarters, the
deficiency being partly due to the fact that in the current year the
holidays had interrupted supplies. In the whole Kingdom it is
estijiated that the sales were 149,600 quarters, against
275,080

P.O.

45b, 3d.

7 15-16d.

Company's seven per cent currency consolidated mortgage bonds,
which are held for account of the sinking fund.

'

fore, as £4,000,000.
It is estimated that the fallowing quantities
of wheat and flour have been placed upon the British
markets
since harvest

..

«

:

May

:

THE CHRONMJl

13, 1876.]

1873-4.

cwt

cwt

83,H10,«96
4.398,107

S0.«»6,()15

!7,640,0J0

SO.TWMOJ

3t,3J6,ieO

67,930 »63
Total
Jl*,933
Deduct exports of wheat and Qjur.

65,890,7»7
ai»,«73

63.4!tJ,»fl3

85,63» B'lS
183,433

..67,717,835

65,473,181

cwt
Hales of KiiKllBh wheat

Result

Averago price of EnglUh wheat for
theseason

45s. 9d.

187»-».

4.«!»'».o7J

1.710,701

Ms. 7d.

61s. 9d.

The following figures ghow the imports and exports of cereal
produce into and from the United Kingdom since liarveat, viz,
from September 1 to the close of last week, compared with the
corresponding periods in the previous three years
:

1874-5.

1875-6.
38.o.>9.8ts

24,lW,5aj

6.«i0,96i

9,965,«0a

cwt.

Birler...
Oats...
.

Indian Corn
Flour

Wheat

1.0O3,B07
8,435.058
15,39.5, ISl

1,11I,H71

4,331.0-J3

4,010,981

Barley
Oata
•.

.

..

8«,»30
15,977

;...

New York

»»,813,l837

$180,610,533

$10].7(I0.101

for

1,615,910
889.117
71.831
9,535
8.856
99.968
100.793

163,681
11.761
11,810
5,997
1,823
85,679
14.634

Sir.

6— S'r.

the following

summary

—

Mon.

Console for

"

money

U. 3.

new

96 5-16
»« 7-16

104

106X

Tb J quotations

for

Wed.

Tnes.

96 7-16 96 3-16
96 7-16 OS'4
lOlv^
.109V
1093i
I07i(
107V

account

D. 8. 68 (5-808,) 1865
1867
D. 8. 10-408
Naw 58

'.04>.'

109X

109Ji

lo:ii

107X

109Ji
107Jf
10«>i

106 !4

lOJW

Mon.

Sat.
d.

Paris

May 6— Sir.

Baltic

Liverpool

May
8— Sir.
'

City of Cheater.

Soutbampton. American go'd coin...

e.

33
9

81
9

Wheat (No.

1

"

2

"89

(No. a spring'...
"
(winter)
(Cal. white, club.) "
Com (n.W. mix.) » quarter
Peae (Canadian) « Quarter

"

"

SIverhars

8

coin..

»',000
S85,C00
lie0.0M
110,030
8,400
21,»47
700,000

$t,«a8,9S8
10,088,447

Total since January

1,

tl8,05'),lS0

1878

Same timk In—

Same time in—
$a6.854..327
11.738,519
19,0;9.1I03
14.827,4.1)
83,016,8!»8

1874
1378
1U73
137)..-.

1

1

1870
1889

$9,490,414

1868
1867
1866

•J9.8W.W*

ll.SWJMl
11.181.818

8,aoi,ni

of specie at this port during the past
been as follows

The imports

week have

Thur.

8.

9 10
26 3

28

36

36

86
36

d.

8
9

Silver coin

$l,r00

Port au Prince. Silver coin

10,175

NewYork..navani

Claribel

1,

$1,563,483

1876
I

Same time In—

$5 770,14611870...

1873
1878
lo71

,

& Kock

....

$«.888,S37

.,

1,481,6.381 1869
l.B?.7,739| 1868

1874.

Pri.

d.
88
9 2
8 8
9 3
9 10

8
3
9 11
36 3
S6

City of

1875
:

Peoria

8.

£
9

May 3— Sir.
May 4— Sir.

8,«10,C41

;

2,8«6..380

1.025,581

641.0811 18j7
3.009,7451

Island.—J. B.

receiver, filed

Hilllard,

bis

report for March, showing:

Si

9

—

Hilvor bara

.Liverpool

.

.

Wold bare
American gold

Total since Jan.

lOiJi

Wed.

8-2

9 4
9 10
88 3
36

Liverpool Provisions Market.

d.

B.

89

9 4
9 10
26 3
36

Anirr lean gold cola...

ToUl for the week
Prevlonsly reported

cotton.

.

Tnes.

d,

8.

^bbl
spring).. »ctl

400

475.tM

.

(fold bars

May O—Str. Motel

Same time in—

106.!i

102«

— See special report of
Market. —

Flonr (extra Siate)

96 !4
in4>i
103 (i
107 !<

Frankfort were

fives at

Liverpool Ootton Mirkit.
Liverpool Bread»tujf»

tersand halves
...Americin gold coIb.

Havre

Perloro

10.(00
E,CCO

Ameilcan dim s.quar-

Frl.
9»V,

96 9-16
96 9-16

96 7-16
987-16

lOlJi

flves

Thnr.

104X

United 8tates new

Bank

in the

101

106?-,'

i0'j>i

John, P. R.. American silver coin..
American cold coin. ..

:

London Money and Stock Market. The bullion
of Eagland has decreased £40,000 daring the week.
8at

St.

Clly of VoraCruz..BaTaBa

1875

Buxllsb market Reports— Per Cable.
Thednily clostngquotationsiathe markets of London and Liver.
pool for the past week have been reported by cable, as sh. wn in

$87,701,288

American gold eels... $300,000

Uverp«ol

Hoard

18..379,8«5

4,69J,678

$33,tt4,9«S

show the exports of speeie from the port of
the week ending May 0, 1870. and since the

988910
1.7:1,180

$.1,065,313
8i.«3 1,>76

will

Mays— sir. Rnsaia
Mays— BiikCh. A.
.May

16,155
1,661
41,9*3
43,885

88,5.38
6,-29J

1

1873.

I,t3«,:il4

$4,451,:

?]; 611.885

beginning of the year, with a comparison for the corresponding
date in preTious rear*

11 Ii85.6'.9
8,.5.M.8I9

168,5'il
49,(;49

Jl».ai9

Peas
Beans
Indian Corn
Plonr

Since Jan.

The following

6,494,151
6,J4-,5J7
70!.03 I
S,W0,i)8i
10,874 2-)3
4,398,107

9.422,6')8

19,«-36

For the week
Prevlomly reported....

M»t4

BZFORTS.
173.0RO
Sn.OCJ

CWl.

XrOBTB rROM HIW TOSK rOB TBI WXIK.
ins.
1874.
1878.

187^-3.
31,558.815

1,MS.BI3

New York

9:

1873-4.
88,310.695

6,7't0,v3i

7,0S0,5'.i3

Peas
Beans

May

a stalemeot of the export* (exclusive of ipaclc)
to foreign porta, tor the week enling^

Is

from the port of

66,463,433

«l,77fi,J00

43«. 1 d.

463

The following

1374-5.
cvvt

»I,15S,515
4.«10,08«
86,9!«,450

1S75-6.

loiDortsof wheat since harvest. ...Se.OW.MJ
4,WI,0«.3
Imports ofllour since harvest

Wheat

.

3

d.

88
9
8

2
e
9 3
9 10

3

3

BECBIPTB.
Local agents and condnctors
Foreign roads
.'
Sundries

Cash on hand March

"**'
•

'*'S -

»8

J*

iS
78

19,770 «5

1

Total

Disbursements (including cash on hand, $10,115)

$58,673 87
$55,878 37

Rockford Rock Island & St. Louis.— The report of J. P.
Whitehead, auditor, shows the business in March, as follows
:

Hon.

Sat.
d.

s.

Beef (mess) new V tee
87
Pork (W't.mess) new ^hb! 88
Bacon(l.cl.

mid.lnewVcwt

57
58

—

d.
9

s.

"
Sga!

(pale)

Petroleuai(reflned)

16

&
3

Tallow(priraeCity)..S cwt. 41

Cloveraeed(Am. red)..

"

Bptrlte turpentine

"

63
23

London Produce and
8

LiB8eed(Calcutta)

Mon.
d.

£

8.

6

63
83

91 6
O'

Linseed

83

82 3

£

6

8agar(No.iaD'cbstd)
on spot, 9 cwt
216
Spermoil
92
» tun,. 98
Whaleoil
".3400 84

00

3

4
16

40
63
83

40
63
83

93
34

57
56

d.
9

Pri.
s.

4
16

d.
9

UH

8

6

6
U

6
6

6

.50

11!4

8
41

6
6

Tniif.
a.

11«

3

8
6

40
63
83

6

—

8.

d.

10

45

Wed.
B. d.
4 9
16

d.

».

87
8i

87
8J
50
56
56

61

d.
9

Tues.

d.

10

45 6

oil.. ..V cwt.

4
16

PrI.

d.

87
B6

S
41
63
83

6

8at.

£

e.

9

Oil Markets,

I,(n8'dc'lte(obi).l>tE.lD

3

Tnes.

d.

ilX

lljtf

"

(spirits)

4
16

Thnr.

87
68

18
58

Hon

Sat.

Hoaln (common)... ycwt.. 4

d.

M

3
6

51

3

Wed.

d.

87
88

82

51

Tnes.
8.

8;

"
56 6
Lard (American)
S3
Cheese(Amer'n fine) "
Liverpool Produce Market.

"

4.

e.

Wed.
Thnr.
£ s. d. £ s. d.

£

10

10

10

45

6

45

6

45

11

6

31

6

51

93

003400
88
3

88

98
31

3

PrI.

6

s.

d.

45

6

21

6

21

o

98
34
32

€loinmci'cial cmii ilTisceUaucoua Njtos.

—

May

5
rOBBISH IKFORTS AT
:

HZW TOBK rOR TBS WEEK.

1873.

Drygoods

$t,2e6,754
5,100,688

General merchandise...
Total for the week.
Previously reported....

Since Jan.

1

1874
$1,417,735

1875.
$1,605,170

5.09V)0i

6,962.6'))

4,833,934

18T6.

$816,780

156,8.37,733

$6,515,037
144,711.176

83.567,835
lit,616.S53

$5,053,744
111,725,687

$163,385,177

$151,226,313

$133,184,688

8116,778,131

$6,837,448

In our report of the dry goods trade will be found the imports
of dry goods for one

week

later.

^^•'??
46,e(Xi

$13,728
,
In addition to the above expenses, there has been paid for miscellaneous purposes, since last November, the sum of $10,856, and
the further eum of $10,310 23 for interest. All pay-rollj and
bills for supplies for March have been paid, but there are yet
some outstanding claims against the road for damages, done by
trains, and balances due to other roads.

Net earnings

—

Valley (Va.) Railroad. Negotiations have been pending
lately for a lease of the Virginia Valley Railroad to the Shenandoah Valley Koad, or to any one else that wanted it. At a
meeting of the stockholders, held in Alesaudria some months
ago, it was voted to withdraw from the BaKimore & Ohio Railroad Company, and since that time efforts have been made to
lease to anybody, at $30,000 per year, for two years. The Shenandoah Company offered $20,000 a year for fif:een years, but the
Baltimore city owns $1,000,000
directors declined the offer.
stock in the Virginia Valley Road, and the Baltimore & Oliio
another million, and the Virginia stockholders $1,200,000. What
will be done now is difficult to say, for the Baltimore & Ohio has
withdrawn its rolling stock.

—We

attention to the advertisement of Mr. E. B. Newburn
street, in to-day's issue of the Chrosicle, «ffe r
Ing a limited amount of " Long Island City 7 per cent Water
Bonds." These bonds are authorized by Legislative act. Long
Island City, lying as it does, directly opposite the upper portion
of New York, is probably destined at no remote date to have a
large population ; the estimated real value of its property today
is 180,000,000, while the assessed valuation is only $6,000,000.
The total debt of the city is about $850, COO, These bonds are
issued for water-works which are already completed and in
successful operation, and in this respect should cjmmend themselves to those seeking investments in city bonds.
of

Imports and Exports for thb Wbbk. The imnorts this
week show » decrease In dry goods and an increa.se in general mer.
chandise. The total imports amount to $5,053,744 this week,
against $5,093,609 last week, and |0,9.j4,749 the previous week.
The ex ports amount to |.5,065,313 this week, against |3,589,380 last
week and |4,58i.518 tlie previous week. The exports of cotton
the past week were 1,483 bales, against 2,741 bales last week
The tollowingarethe imports at New York for week ending(for
dry goods) May 4. and for the week ending (for general merchandise)

Total earnings
Less eperating expenses for March

cftll

No. 50 Broad

—Mr. James Middledith, a member of the New Y'ork Stock
Escliange, has undertaken to make a spacialty of first-class stock
This class of operations now forma a large part of the
privileges.
transactions in speculative stocks, audljie argument ur^ed in
their favor is that the possible liability ofthe operator is limited
and
to a certain fixed sum. Mr. Middledith is high'y recommended,
having been a member of the board for a number of years, is well
call attentiop to Us card
posted in regard to this specialty.

We

in

our to-day's

issue.

:

.

fiaukecs'

<^t)t

©ajettc.

National Banks organized daring tUo'past week.

DIVIDENDS.

ThPfrtllowlneDlvidftnrts have recftotlv been annonncert

:

WHBh

PlfiK

COXPANT,

15OOK0 C-XOSKU

CsMT, P'abu:. (Days icclnsive.)

KailrORds.
Boston Revere Be:ich

& Lynn (quar.).

Catawigsa pref
Cleveland & Pittsburg,
titony

iruar. (civiar.),

i
3

June

15

May

16.

I'i

Jaue

..

Brook

8

FRIDAir.

1.

May

11 to

Juno

1.

I

MAY

1876-6 P.

12.

Situation. — Quiet
markets, vfith an improved tone in speculative stocks, liave been
the features of the week which has witnessed the opening of the
long-expected Centennial Exposition. There is a rather better
feeling in trade circles, and a hope among railroad stockholders
that the competition between the different trunk lines will not
lead to any additional reductions in the passenger or freight
tariffs.
On another page, in the article on railroad earnings,
reference is made to some of the main points involved in the
Tbe
freight question, and to the present situation of affairs.
Centennial Exhibition has opened auspiciously, and there is
every reason to suppose that it will accomplish all the good in
business circles which has been anticipated for it, by those who
took a rational view of the matter. Receipts for admission on
the first day were $38,066.
The m'oney market has worked easily at 3 to 4 per cent, with
some exceptional transactions at 2i per cent., and the prospect is
considered good for ea^y money during the summer months.
The only disturbing element seen in the future and this is not
imminent is the large amount of greenbacks temporarily
locked up by the deposits of National Banks to withdraw their
own notes from circulation. The legal tenders paid into the
Sub-Treasury on the recent gold sale come out gradually, and in

—

—

week's bank statement the effect of their withdrawal was
shown very clearly. Strictly prime commercial paper is in
demand at 4} to 6 per cent.
On Thursday the Bank of England report showed a loss of
£49,000 for the week, and the rate of discount remains unchanged
at 2 per cent. The Bank of France gained 15,308,000 francs in
last

specie.

statement

New York

City Clearing-House
banks, issued May C, showed a decrease of ft, 964,375 in the
excess above their 25 per cent, legal reserve, the whole of such
excess being $7,509,350, against $9,-533,G25 the previous week.
The following table shows the changes from the previous
week and a comparison with 1875 and 1874
last

the

of

1876.

.

Apr.

Loans anddis.
Specie
Circulation...

Net deposits..
Legal tenders.

May

2!).

May

20->,529,

00

4i,03'J,300

19 801,400 Inc.. 2,727,800
16,199,400 Deo.
GJ.4U0
20o,6ii9,OOJlnc.. 3,li9,9C0
39,188,200 Dec. 3,907.100

lO.10C,000
20,488,403
237,878,300
5j,O17,5O0

Int. period.

reg.. Jan.
an.

6s, 1881

69,1891

coup.,

6s,&-20s, 1865

May May

8.

B.

& July. 'ISlJi
& July.*lv2'i

122%

12ix

reg..May &Nov.*n;?^
& Nov. lllji

55.79S.OD0

May

i2iji

Km »i22%

i2ij,r

122^

&

in prices since Jan. 1, 1876, and the amount of
each
class of bonds outstanding May 1, 1876, were as
follows:

68,

coip.
conp.
new.. coup.
5-208, 1S67
coup.
5-208,1863.
coup

5-208,186")
5 2O9, 188-,

68,
58, 10-IOa
5«, 10-40S
58, funded, 1;81
6s, Currency.

reg.

,

—---Amount May

1.

Lowest.
Highest.
Registered.! Coupon.
119K Jan. 8!l23% Feb. 23 S19J,546,.3:0 .$

lOimji Feb. 23

120>4 Jan.
114!4 May
117
Jan.

11,118^ .Vch.
4 12 .>i Fob.
3:12 Ji Fob.
3 123Ji Feb.

Jan.
119?i Jan.
llOJiT

^|119'4
4,lilJ£
4 119
51 118

1163f Jan.
22!i .Tan.

Jiin.

Feb.
Feb.
Feb.

13
16
16
17
29
28
21
28

89.190,0'.X)
33.95i),(i50

1!6.&B,IOO

C0,;'-7,4.W

142,463,fi60

92,001.600

218,621,150
22,689,800

14,784.00(1

141,763,900
2lK,2r.."v,430

52,802,400
299,010,030

64.623,512

Closing prices of securities in London have been as follov
May May
Kange since Jan, I, '76.
5.
13.
Lowest.
Highest.

—

X'

C
V.

S. 6s, 5-308, 86i, old...
3. 6s, 5-20S. 1867....
10-408
;..

TJ. 8. 58.

Wew

5s

State

,

I

reg. lidy, Feb.
coup 118 Jan.

coup

1.

.

IM

104 'i

l(i9>f
1()7!<

lo'.ijo'

ion?i

106X

iu6i;

lC6J'j

transactions in Tennessee
bonds sold at 43i, and the new

—

X1031- Apr. 12

iroii Apr. 6
lOTXJan.. SI 109*4 Feb. 1
105;i Apr. SO 108K Feb. 10
104^ Jan.. 13 106J£Apr. 6

—Thereweek,
have
bonds
and

and Railroad Bonds

been considerable

this

and new

to-day the old

series both at

cert.,

4H. Many

li.ij^

due

May

96j<

72

RR. coup,
1.

1886

72

Memphis & Charleston
ER. Istmort. Ts

1,000

&

SO

1.000 Muscaiine City 6 per cent. 70
l,oro Quincy City 6 per cent
S3
34,030 Cal. Pac. KK. Co. 2d mort

6j,aold

.

65>i

Cumberlaod Coal & Iron
Co. 7 ?. f
78
26,800 Orient & Mutual las. Co.
5,000

scrip
84,000 The Chester

85285

& Tamaroa

Coal & Railway Co., 111.,
1st mort. 7, gold
1I®10
Brooklyn 78, Bridge
20,000

131
12.'

Bonds

90)4

llljf

Kings Co. 7*, due 1886 ...WAH
1,OOON.Y. City 78, due 1896 .. 116X
5,000 City of Rahway, N. J., 7s. 99>i
lO.O^O

151
1.30

180
145Ji

Closing prices of leading State and Railroad Bonds for three
past, and the range since Jan. 1, have been as follows:

weeks

May

April

6s,

consol

do

3d series...
Missouri 6s, long bonds
District of Columbia, 8-639
Railroads.
Central of N. J. 1st consol. ..

ics" •vhy,

*o8a

May, ^^Kange

since Jan. 1, '76—
Highest.
Jan. 31
43,V
4 46}i Jan. 31
41>4 i'<}i Jan.
*15
13
Jan. 4
Mch. 10
*73
76!4 Jan. 29 70'/J Jan. 29
4)
Apl. 18 46 Aj Feb. 26
lUO
Jan
105'/; May
3
*71
66K Jan. 21 75 Mch. 14

Lowest.

12.

42

.

.

ma

.

This

Mch. 28 48

H

mU

nosy, *103
Central Pacific lit. 68, gold
106 Ji 106^4 1C6S£
Chic. Burl. ,fcQuincy consol. 78
Chic. & Northwest'n, cp., gold
iiji
93>i
Chic. M. & St. P. coua. s fd, 7s
Chic. R. I. & Puc. 1st, 79
*110
110
Erie Ist, 7s, extended
•110
*106H
Lake Sh. & Mich. So.2d cons.cp
99" 100
Michig.in Central, consol. 78.
Morris* Essex, Istmort
N. Y. Cen. & Und. 1st, coup...
lie" *li9"
Ohio & Miss., cons. sink, fund
•98
99
*1^8X
Pitis b. Ft. Wayne & Chic. Ist. 118
120
St. Louis & Iron Mt.. 1st mort.
»9»
*100
Union Pacific 1st, 63, gold
104 Ji 1(4M 1C4JS
do
sinking fund
*91>,92

no

1-3.

119

44@46

l.g. 7 gold
1,103 50 K:in. Pac.

&

2 Howard loeurance
CO Continental Insurance
60 Bank of ilio Metropolis
•zQ American Fire Ins
5 Empire Cily Fire Ins
SON. Y. Jfc Brooklyn Ferry
50 Bank of America

Bink

Co

Bonds.
fS.OOOOhio &Miss. RR. 7', e. f.
bonds, due 18^3
7,000 Kan. Pac. KR. let mort.

;3

The range

Since Jan.

12) Peoples' Bank
SOD American Coal

*15

ma

rcg.

2C0 Meciianics' Nat.

4X

do

&

1881
1S81

11

40
1.35
100
9C@')2
100 Niagar.i Fire Insurance
113
100 Germania Fire Insurance
145!4
2.'i Safeguard Fire Ins
....I28>i
S5 German American las
Ill
tO
100 Hope Fire Ins
20 Commerce Fire Ins
85
80 N. Y.
Yonkers Ins
82>f
92
25 Gebhard Fire Ins
10 Metropolitan Ins
.
fi6X
Sioux
26 Dnbuque
City RR.,
common stock
63
SOO Maryland Coal Co
13ai3!4
20 Erie RK. Co. pf. stock. ..
22
SOO U. S. Mortgage Co. ($20 paid
in)
112
75 N. Y. Elevated RR. Co....21@25
20 Mechanics' Nat. BanK
133Ji
10 Brooklyn Academy of Music,
with'sduiission ticket
75

2:3ti,2.i(i,700

&

Be,
68,
6«,
t8,

1161^

*40Ji

114»i

&
&
&

.50

Bank of N. Y. Nat. B. A
Nat. Bank of Commerce
Peoples' Bank
FhenixNat. Bank

•40^4

114.5^

coup..May

100

•73X

»1!4'^ •lllji 'IMS *114'/;
114?^
114Ji lU'/. *U4'^
n.l...reg..Jan.
July. 118JJ *UH<i 'llSJi •1189i *118<i 'lisk
68, 5--J08.186o,n.i.. coup.. Jan.
July. 'ilSJi *1181f 118;i 118'* 118'i *118»2
68,5-208, 1867
reg.. Jan.
July. «12:;;< *l2Uy, 12l>,- *IS(i% 'laoji *120k
6h, 5-S09, 1667.
coup...Pan.& July. 121
121
1-21^.'
ISO^ 120%
I2tljf
68, 5-20S, 1868
reg..Jau.
July.*12jsi *lii}i *12i'^ 122j2 *1224 •123»i
68, 6-208,1868
coup.. Jan. & July.*12iK *122« *122k 12;^^ •132'i 12 '»
''
fs. !O-40s
rcg.. Mar.
Sept. *117JJ 118
117^ 117^1 "—
my,
*my,
5e,]a-«)3.
...coup.. Mar. & Sept. 118?J 116^ 118.5^*1182 ii8>i 'lis?;
funded
58,
ISeil
reg.. Quarterly.... 117',' 117;l 117=1 117j| iiTA
58. funded, 1881... coup.. Quarterly....
117J^ 117»,' iir'l 1171} 1I7X 117;,'
«%C;"rency ...... rcg.. Jan.
July! •126K Vini *ii7X *12f'
127
*.27JSi
' 1 nis 18 the price bid, no sale was made at the Board.
6s, 5-208, i8&j
68, 5-80S, 1865,

Shakes.

*15

11.

i-2iH*i'iiy.

121fi

sold the following at auction :
Shares.
200 Bink of Manhittan Co
143Ji

Virginia

May

10.

9.

& Son

26,9iJ,2C0

believed that a part of»the sales of fives of ISSf,
which have supplied the recent demand, has come from one of
the parties interested in the recent purchase from the Treasury.
With the prospect of easy money ahead, and the necessary demand
for governments from corporations, the leading dealers do not
seem to anticipate materially lower prices.
Closing prices daily have been as follows

May

Adrian H. Muller

*42H

S7,M%500

It is

Jlay

Alessrs.

5.

Dulted Slates Bonds—There has been a very fair business
in government securities this week, which is more noticeable
from the fact that the market has shown rather a declininc:
tendency.

^|

company.

4;j

9.

S-5-.!,117,200 S2)7,0i5,600 Inc..S4,8!)t?,'IOO S233,<l30.8fO 8»(),5u3,60O

ir,07B,6C0
16,S6i,S03

—

i8.

Jlay

S.

13, 18T6.

of the friends of the State anticipate that the finances will be put
in a better condition by the next Legislature, and believe that a
sentiment is growing in the State against repudiation. Missouri
bonds are well held for the longdate issues, and are now selling
at about the best prices of the current year.
Proposals for
$500,000 20-year Georgia 7's will be received at the State
Treasury till June 10, and no bid will be received under par.
Railroad bonds continue to
show a little more activity,
and prices are about steady. The St. Paul and Northwest bonds
are strong, and the Pacifies about steady at their late range.
The wide fluctuations in values of the best stocks known to the
market, and the possibilities of a large increase in the stock and
debt of railroads, wittrotrt corresponding increase in their property such as that which took place iu the case of the Erie
Railway and some other less prominent companies will lead
careful investors to look for the mortgage bonds of companies
having an established traffic and an amount of bonded debt
which their earnings will provide for under any probable contingency. The Erie first five mortgages are strong illustrations of
the soundness of first mortgane bonds, of limited amount,
under the worst misfortunes that can happen to a railroadJL

States.
Tennessee 63, old
do
6s, new
North Carolina 6s old

1874.

1875.

,

DiflEerences.

t>.

[May

—

ITI.

Tbe money market and Financial

The

»

THE CHRONlCLfe

464

No

H

..

1063£ May 2 112K Mch.
Jun. 11 US', Mcb.
104
107>iJan. 4illlJi May
3 94
a3J^ Jan.
Mch
791^ Jan. 3 90ia- Mch.
3 1101.; May
107>i Jan.
108
Jan. 28 113'; Apr.

99

May

114

Jan.

119
May
92J< Jan.
114'/j

95
1(121^

90

9'1-33,'i

2,

3
13
11

8

7

Mch. 20
Mch. 27,
Mch.
Mch. 24

5 107
4 120

3 100
Jan. 11 120
Jan. 4 I112
Jan. 4 106
-Mch.

3
go

May

18

Mch. 21
Alch. 3

Feb.

97,'i

the price bid; no sale was

a

made at the Board.
Railroad and iTEUcellineouii Stoclis. The stock inarket
lias been somewhat variable in tone, but, upon the whole, much
better than last week.
There was a sharp rally iu Michigan
Central from the decline noticed in our last report, and with this
an improvement iu Lake Shore. Western Union Telegraph has
sol-i up to G7|, and closes at a re-action of about 1 per cent
there
have been confident reports that a quarterly dividend of li per
cent woitld be declared in July.
Had the Western Union never
paid more than 1^ per cent quarterly, and carried a large surplus,
there would have been no need of passing any dividend, anil
the company would have had larger resources to keep up its
property and fi.ght opposition. The terms on which control of
the Southern & Atlantic line has been obtained, ha%-e not
yet transpired.
There are no new facts in regard to the
railroad
freight
war,
though
rumors innumerable of
some new reduction have been circulated daily.
The
coal-carrying railroad stocks are stronger to-day, in consequence
of the statement that a meeting of officers yesterday, at
Pottsville, resulted in harmonious action, which will probably
keep up the combination. Railroad earnings for April turu out
to have been good, and the few reports yet received for the first
week iu May are also favorable the Ohio & Mise. just received
reporting an increase of $16,837 over the same week last year.
As this company now shows an increase of $172,3o9 in gross
earnings from Jan. 1 to date, and as it requires but $140,000 to
pay a semi annual dividend on the preferred stock, it is probable
that such payment would be looked for in September, if there
was any assurance that the company had made a saving in expenses similar to that of nearly all other railroads. There is a
decidedly better feeling in stocks, but the diverse interests in the
market, and the opportunity for spreading unfavorable rumor8»
*

18

—

;

'

—

*-

.

May

from day

tone, with a conBiderable flactaation

weeU

Wcsfn

Lako

racillo
Mall.
f.1'0

were as foilowa

in laadinff stocks
Chic.

&

Mich.

Shore.

Union. N'wcBt. Eric.

4;,fM')

54.1)00

43.-J1I0

jircf
6,1(10

.3,.50O

io,i)vO

14,4)0

10 500
10 800

7,00J
5.300

lO.'IOfl

4I,-I00

40,S00
2J,«0J

',<lX)

4li.40n

6C0

6,.50O

.

4l,(i)Q

28,300

1,800

4 010

12,.

8,3 JO

40,--O;l

8>l,400

400

5,:J00

"

II

Paul

^,o:)J

7

"

St.

Cent. St. Paul,
aii,.V))

6,800
1,*I0
7.301

"

~

8,i«,>

2,700
S.UIO
»,'0)

6.,
8..
0.,
ID..

1

to day.

Total sales of the

M«y

X

:

THE CHKONICLE

up a feverish

tend to keep

X

,

187C]

13,

in prices

<

..

7.W)

I

3.!k;o

D.'i

9,4f0

7.m)

1,000

8,500

8,801)
1!,-.0J

(1

465

—

Ezcli«nce> The volume of bunineas continues small, and
the bankers who are selling, ship specie against their bills, as
tho supply of commercial bills, which tliey usually bay ap. Is
(|uito limited.
At the close to-day rates were hardly as firm as
in tlie morning, and prime sterling was sold at 4.8T|@4.88 for
GO days, and 4.80} for demand.
In domestic exchange the following were the rates on New
York today at the cities named: Bavannah, 5 10 premium;
Cliarleston, 4®J premitim
New Orleans, Commercial, ^S-10;
Hank, f Chicago, ."iOc. premium Cincinnati, firm, 00(»100 pre;

;

229,100

305,003
494.665

Total.. .... 31,800
Whole stock. ..SOU.UOO

9,900

7A,im

.3«,fiO0

21,800 41,»IK)
153,99^ 1«, 74

337.871149.930 780,000 187,388

Tlie total number of shares of stock outstandin{j ia given io
the last line, for the purpose of comparison.
The daily highest and lowest prices have been as follows:
Saturd.iy, MonOay, Tuesday, Wcdnc^Vt ThurBday,
Friday,
May 10.
Mays.
May 4
May U.
May 12
May 6.
At,

*

At.*

Pac.,j>rf

To

I'ac.

.

•liV

".'.'.

S6H

9'!^

3(l)<

37
63

Central of N.J
C. .Mil. & St. P.

96V

36.1^

83 >4

mti
S7K ii%
i\% 65
40
40»
58X 59«
g6S«

M>i

93;<
S3

39><

Paellle M:ill

105

....

W..

61

Pacific.

Adams

E.\p...

MX

15

This

Is

..

140
96S<
55)i

137

96

53X
45V 47X

UO'.^

110

17V
19V 20

80

16'«

6.3V
66^.'

6i<-t

80X

86.1

'UA

17

06).,'

62 <
-0>i

•".'.'.

139

129

21
21
28>i
3
Cl><
109

1119

.

ITnlted States.
Wells, Fargo ..
•

I7X
19X 20«

20>^

19;<

16V

28«
•2V

West. Vn. Tel.

American Kx

128 vi

•....

St.L.&K.C.nf

&

lOX 17V

liii
15

•23X

56
49

46V
110

111

JV

1D6V

I5X

29'<

26"
29H

•2H

3V

•".'.'.

....

I03)i
•6\-A

-ux

63
63?
K}4 66V

63V
C7K

'1U9H

..

71

71

•8>«

...

the price bid and naked

Total sales this week,
were as follows:

....

6-2

62

87"

87"

29

V

..

.

MH

675i

109^.^

Shares
.\tlantic

&

&

Pacific pref
Pacific Telegraph

I'*:
.

Erie

Uannibal

&

St.

do
Harlem

Joseph

do

le

.

Xew Jersey
Chicago Mil. & St. P-tul
do
do
pref...
Chicago & Northwesteru
do
do
pref...
Chicaco Rock Island & Pacific.
Columbus Chic. & Ind. Cent
Delaware Lack. & Weeteru

Central of

IlOV

pref

^lichigan Central
N Y. Central & Hudson Elver..
Ohio & Mississippi
PiiciflcMail
Pacific of Missouri

305,000
78,00)

28>i

63
66>i

63V

lft))i 109

62 -i
70

89X

83

8JV 87V

do
St. Louis
St. Loui.-*

I

12|

U

May

Mch.

13

Feb.
Feb.
Apr. 24 my, Feb.
Mch. 251 6y Jan.
Apr. 21 120'i Jan.
Apr. 29 -HH Mch.
13X Apr. 28 2254 Jan.

Pi
15
16

5,

Apr.

51,'i

43

I. M'ntain & South'n.
Kao. City & North, pf.

700
4.50

Express

v,

May

May
May

i[m}^ Feb.

U%

29;
10; 39;<
7j 16

1:

Feb. 1
Jan. 17

Mch.
Mch.

4ll3S
20ii Feb.

May

31
1

24X

Feb. 2

15
Jan.
21^1 Jan.

8>Jf

Mch.

Mch.

May
2'i

71

14?i

32'.^

30'/,

45Ji
55

''«

13

!

172

13

41
27
45

21K

74!< Jan. 17

36
70?i

8214

31

Feb.
Feb.
:6<4 Feb.
91
Feb.

15
14
14
14

6;-

81^
101
6,5

41
VI

6-.!^

93

show the course of gold, and operaExchange Bank, each day of the past week:

Hay
••

Tuesday,

"

Wednesday,

*'

Thursday,

"
"

Friday,

6.. .lUi'X li~;i 112?i I125i
8..
|112;4 ui'i
9.
.112>J|ll8X|112>i il2>^
10.. . 112>/j UiVi, 11214
11.. . 112}4,1:2U'112;.' 112V
12,
. 1I2>^ 112!» 112,','

Current week
Previous week
Jan.

1 to

dale

The following
American

ma

Kapoieons
X X Peichmarks ....

Balances.

,

Gold. ICurrency.

Clearingi

$l(',62O,00O' 81,089.197 gl, 534,4 .6
2!,557,01
977,915
1,1 13,2 !6

1,OIO,S3)
1,310,810

av.w.ooo

898,566
l,15i,0T9
913,100

21,481,000

877,-586

990.50)

5H,80

697,360

13.437.000
21,3:15,0

112ii|IP2ir iiaji 112?i $133,621,000
112« 111,821,000
113,S lli»i 113
.|ll3
ill3V 113
112Ji

1,03.5,V14

are the quotations in goldj for foreign
|4 86
3 88
4 77

@
@ 3 92
84
@ 4415
@
a 16 00
@ 15 65
$4 no

Guilders
3 95
Spanish Doubloons. 15 70
Mexican Donblcjons 15 50
Fine silver bars
1 i<i>4
1 i5Ha
Fine gold bars
par®!4prem.

and

- 91
— 88
- 91
Larue silver, ^8 &>i8 —
— 91 ®- - 93
Five francs
- 92
— 91
Mexican dollars.
English silver
4 80 a, 4 85
Prussian
thalers — 69 ^ - 71
Trade doUare
— 9i ® — W
Dimes&

half dimes.

1-9

...

silv.

I

WH
KK

1

1
1

fnr-

....

I

I

Custom
House

May

Ludlow

State 10a, '78. 99
lOs, »cn9..8101
6s of 1893. DO

& Co.,

....

I

8in7K

7 Wall

Austin

qnote:

St.,

lOs, ..1>7>« I10SJ4
'...
... 85

DallaslOs

93

b.

Anflo

lOs. 80

....

:,73J.00O

May
May

5
12

New York

Snb-Treasnry.
80
48

Gold.

8509,878 33
1,0.55,239 96
87;i,6!2 67
651,996 as
784.519 49
666,723 01

35

00
438,991 10
303,296 80

,

-Payments.

Cnirency.

2,4S*,181 93
4,715,060 41
44,:i64,7:8 91 40.-l6\.55s 07

t^lfl.JSS 69 tl,!r,9,4f'8 19
l.OiO.lOl 72
1,98^,580 80
6:l«,9s7 8!
1,155,463 91
817,805 91
l,06t>,»9 1»

881,634 09
881,408 32

4)8,794 97
371,141

M

4,3i3,409 63

6,93i),Or7

tlie

at the

Associated Banks of New York City (or the
commencement of business on May G, 1876:

ATIBASa AHOtlNT OFLoansand
Legal
gal
Net
Capital.

Mechanics'

Union
America
Phffinix

Ulty

Tradesmen's
Fulton
Chemical
Merchnnts'Exeh

Discounts.

18,000,000
.
2,050,000
3,000,000
2,000,008
1,5«>.000
3,000,000
1,800,000
1,009.000
1,00(1)00
600,000
300,000
1,000.000
...
.

Manhattan Oo
Merchants'

6.5;8.900

People's

Sorb America
Hanover
Irving

Metropolitan

Nassau
Market
3t. Nicholas
Shoe and Leather.

Corn Exchange
Marine
[mporters'&Trad'rs
Park
Mecb. Bank's Aseo.

1.7f2.'

Second National....
Ninth National. ...

9.500
812.309

4.592,'JOO

27(1,100

00

S.151.S00
7.243.SOO
2,4 6,1(0

i'.266
210,000

5-10,1

1,8:8.600
292.600
1.034,000
t69.900
439.i:0

2.6ll.i'JO

26(/.f00

l.( £6,8(10

416.000
492.530
lll.UCO
113.0UO
2.7CO
244,310
60.100
43.5(0
175.(0U

139.300
823,500
197.5O0
207 Att)

112,400
9.600
765.000

l.J3).l«0

i,i;;.90fl

1,335,14)0

79.300
UO.ltIO
11,000

8,6<;i,500
2.-12'.-ul

56.',600

l.Sli'-.iiiX)

610

2.56; .500
3.170.-.00

ES.UO

2.l2,'.00

9C.7UII

5(0,000

2.U3.00C

S3.-2U0

rj.si.'.ooi)

sm.OfO

I.IOi.lOQ

l,UO(i,P0O

2.ii7..:oo

LOOO.OCO

2.'03.W

1,010.000
l.OOC.tOO

2.154.SO0
1,117.900
2.9S8.90n
8.836.S00
1.S43.00O

I,2lJ,UC0
42.200
47,200
152,;00
45,41X
96,3J0

1.94;.2)0
1,271.000

804.800
2.93.'.9J0
1,1

19,600

MUiCO

6H.5U0

6.J13.0CO
7.8lt.2C0
2,716.500

6)1.

(10

3,2< 4.'2U0

6(3,100
238.100
660,300
101.600
873,000
675.100
486,(00

l,Srl8.200

J50,COC

•2,9;5j;(o

27S,S'J0

1,127.600
2.191,100

5,500

2.i.'S4.l00

811,400

l.6ii2.«00

i;9.0(lO

2.0:6,7,0

874,S)C

2.i'5«.00O

9.016.(00

2,0O!l.«0O

2(0.6(1U

24(1,600

»~2A0

693.3(0

705,000
512,(00

3,(65.1(0
1.699.800

712.0(10

511,1 00
1»4,4t<U

2.311,1(1)

STi.OOO
3 C2J.aO0
1. 83- JOG

1.7- 1.000

'.5.615.800
13.93S.!0(!

l.'-.S.iUO
7I)2.SOO

1S?,.V)0
1S3.7.JU

:i,ooo

S-l.Ot'O

I4,':00

fin.200

18,710
1,100
SS5.«00
141,310

1.0 200
ie3.;oo

I.6-.9.100

f97.:tio
]5,£O-..6L0

2,000.000

7.'a.'i.ooo

300,000

5i0,0t0

l,7i«.000
4.^57.100
^. 579.200
5,9r2.utO
1.117.110
1.291.610

250,(^CP

l.in.o.o

896,500
225,000

2.309,C(0

89-9J0
4-500
»7,»00
3-8,100
i,6;i,o
26,100
2.700

12,S5S.I,.04

2925.600

SS7.f66
112.300
18.(00
1S3,E«0
3.90O

1,1:72,000

6».-:oo

I5.197.a'0

5l)P,0C0

53).500
297,(00
823,(00

492,1110

1.SW.900

00

7(2 300

1,931.;00

8,30S.30C

5,4-.!?,630

1,636.700
l,2i0,!00
7.632,000

1.6il.«0

S.Jl.MOJ

4.5H.700

1,000,000

Bowery National. ..
New Vork Co. Nat.
German American.
Dry Goods

00

I,OCO.COO

50C,i

Third National
N.T.Natlonal Exch.
Tenth National

6t.S0
1.3.500

330,100
M.etH)
31S,900
52.000
13,100

6J«.tllO
10.6 e.i'oo
-.0.6:5.100

1.500,tCC

First National

4.r.5;.800

7,416.8J0

sa.s

SOO.OOO
400,000
350,000
SOO.OOO
5,000,000

lilver

6C9,300

4r>«,IOO

I.SSS.IOO

1,500,000
2,000.000
500,000

Bast Ulver
Mauutaet'rs'JkMer.
Fourth National
Centra) National...

e.wi.ooo

3,^33,500

300,000
400.000

Oriental

l,096.a«

3.-')2T.M0

1,000.1U'0
l,50|i.OCO

Continental

•285.000

9,151.7"0
3,271.700

51.600
l,6l;.90O
8 2 S.JOO

l.OiXl.OOO

Citizens

4.4l)5.«ll0

(27 .H«

il6.«0
768.100

587,500

3,1

5,000,000
10,000,000
1,000,000
1,000.000
422.700
2,000.000
450,000
412.500
l.OOO.OOO

Mercantile
Paciac
Republic

l,3l4,.il'0

J9.S02.S.W

1,415,!>00

39.>..|00

7.t91.lill0

Circulation.

Tenders. Deposits.

K.-.li.aSX) tl,113,600

6.'2!.9O0

500,000
600.000
200.000
600,000
300,000

Commerce

Specie.

|j.S5!l..'0J

.

l.WO.OOO

Seventh Ward....
State of N. York
imerlcan Exch'ge.

12s .500
2.'.91.S0(i

4.800
(76.100
4.00U
2;0.7»0

1.(62.900

60.1

759.300

CO

ao5.2(n

6,1.100

112.100

4*3.6(0
ll,S!1.0tO
f,4l^,0CO

I,1K7.50»
.000

MM
ISS.WO

..

1,897.000
450.DOO

II7.S00

1,2:9..3(0

4

MI.^OO

6.3 8,100
6.897.800

45,014)

91<,M)

go.o-.-u

:n.4X)

504.610
1.113.5(0
8<8..0a
21I.3C0

..

I8;,6i0
3.500

2,900

2".8.(iU0

200,000

l.:0S.tlO0

l,otK\ooo
1,000.000

2.710.41)0

irLsoo

1,;G',VJ0

S,6U0

•2*1.700
•270,900

i.8;s,(iio

6

KI.CCO

3.6110

49.4CO

Mil. 100
911. COO
1. 'J

1

218.000
13U,0UD

3,000

2575.400
1.31I,M)0

»16.!99.400
»ri;635.-200 «-2;7".01 5,61)0 I19,8,M.40C I3).18;,a00 l;03.64».000

Total

The deviations from the returns of the previous
follows:
Loans

Inc. II.E98 100
Inc. 1,727.500

Specie
Leiral

5»

City Banlt»._The following statement shows

Bases.

NewYork

,

Cnrrencv.

42,519,-89 9i 98,566,46158

the condition of

week ending

theCaatom House and Sub;

Receipts.$311,613
687.791
4:0 OOi
311,762

12

at

,

$2)1,000
281,000
379.000
259,000
29:,000
238.000

II

North

8
l:i

&

t5

Forster,

Gold.

B
8
9
10

Total
Balance,
Balance,

17
)«

(A
Yel. Jacket .'iS
Ray'd
Ely. 14
t New shares, 3 for I,

1.

Receipts.

.
.

coin:

Sovereigns

X

m^ihuy,

.

Total

.

4"M
'tH

>

interest.

Chatham

table will

Quotations
Op'n Low. HighiCIos.

Monday.

Wirh

Broadway

!'8

50

a.mi

Overman

56

The transactions for the week
Treasury have been ^s follows:

Orocers'

1,

& Norc

Imperial

shares, 6 for

Lcaltier .Manuf

8'/,

•were $1,7.')9,000.

Satniday,

Chol'rPotosi 82

Ureenwlch

19!f

80X Jan.

Hale

79

Butcliers'&Drovers'
Mechnnlcs-SiTraders

Sub-Treasury, and to day .$13,030 were paid underthe $100 limit,
119,305 under .§-100 limit, and $37,808 on silver drafts from
Washington. The total p. id since April 20 is $1,474,097. The
premium paid for eilve' to-day was 2@3 per cent, and California
bankers were among the buyers.
On gold loans the carrying rates were 1 and 3 per cent., loans
having been also made " flat." Customs receipts of the week

The following

...

Sallatln, National..

3.5

Feb. Zt
6'i Jan. 2S

113
3!

lOUl

(Kl

-20

33

.\pr.

Jan.
Jan.
Jan.
Jin.

i

10S;f

2.'

12U Mch.

aw

j

ll'Ue Gold Market—Gold has been steady, and closes a trifle
firmer on the continued shipiuents.
On Thursday, |.500,000 in
coin was shipped, and the specie engagements for to morrow are
reported at $800,000. The payments of silver continue at the

ticns of the Gold

California

,

3!i. 18
17"/.' 2i'A
99X 120
88«l 40i<
61
6714
33','
4S!i
6i%
4d
OOJf 109K

28
3
8X
3 100 )i 123
13 12(4 35 !4
31 15'/, 30'
2 .33>i.lan. 31 20 S< 3 ?S
8 I4">
Feb. 14 inr^i 13S
VliMJi Mch. 13 88 '.4 106
5 68« Jan. 11 51« 60>((
6 6.-)>j Mch. 15 .M
88!i

Jan.
Jan.

2,840 (.8
829,100 63H
180 lOlX
240 57
70' 58
3 0^ mji

American Express
United States Express
Wells. Fargo & Co

84

28l 4514
5 M>^

May

1875

,

mxi
KH«
WHi
iifii
KHi

,

Whole
— Low.
— High

Highest.
7
Jan. 31
ny. Apr. 18] 23 Feb. 24
9 iX May 11 10:)7J Feb. 9
35K Jan. 6 40% Feb.

U

Toledo Wabash & Western
Union Pacific
Western Union Telegraph

Adams

Lowest.

100
165 127
15

pref

62 1<
70 <

in prices since Jan. 1,

2% May

6.ltW<

93K
California Mining Stocks.—The following prices, by telesraph, are
nlshod by Messrp. Wm. W. Wakeman & Co 28 William slreel, N. Y.
Alpha
47
Consol. Vir..*71
Justice... .. S«
Savajte
Belcher
19
Crown Point. 16
Kenluck
13
Sierra Nev...
Best & Belc. 56
Eureka Cons. 11
Mexican. ... 31
Silver Hill...
*8
Caledonia. ..
Gould &Cur. 17
Ophir
Union Consol
(3

at the Board.

101% Jan.
15,140 15
Apr.
ails'.* 16ii Apr.

(Quicksilver

'109^

70^

1, 1876, to date.

*.«mi 4.8«H
t.lIM a.iiH
6.nH4 «.!««

8wla»(francs)

J

62

3 dayr.

1

*»Hi 4.8«H

Documentary commeicial

State 7s,gld«lfl8ii §110
7a.g30yrsiI03^ SllO
IPs. 1834. .§103
§101

87:!<

«0 dayr.
4.88 C 4.88)f
4-87^4 4 81

on London...

Paris (francs)
Antwerp (francs)

•New

63

H

sterllni; billi

Texas SEcuRiTtE3.r-Mes»rs.

62
70

1,64'

P.mama

20

63

Prime bankers'

Good bankers* and prime commercial
Good coin mcrcial

:

May

<—

y"r.

83>J

Lake Shore

11

62H

400 130« Jan.
6i0 95
May

Illinois Central

17J<

71

Jan.

,

10,803
24.^«l
44.900 61
9,900 88
6,Oj4 555£
9,115 103^4
500
ay,
19,058 104X
36,800 ISjii

600

Ill

U\l 20W
17
24
21

'iSA

Sales

Atlantic

54V 65V
46H 48 ?<

62.)^

and the range

of w'k.

4V

l(»
15
15K
15
15
•21
13S
138
•9514 97

71

•83

oo aaU was made

:

'....

29
3

•2X
•62

•J«
lirj

17

20"

'.'.'.

'

notations for

Frankfort (nichinark))
Bremen (reichmarks)
B-_'rlin (relchmarks)

14
....
... ISl
'ISl

17

<|

premium.
foreign exchange are as follows

St. Loiiis, 1.25

Amsterdam (guilders)
Hamburg (reichmarks)

16V 17^

isi"

•....

....

and

106«

1I0« •110

m

The

;

;

40K 40»<
59H 60
105l<

'J'-^

....

128"
•15

.

Quicksilver.. .
prof.
do
St.L. I.M.&S.

Union

110
17

llO'i

WX
105

106

95H
SSH
««K

38
«t

40X
58V 53V

96V

96)4
51!^

53V
4SV 47H-

iVA

46!,-

110

17
2ox;

ia-<

.

53«

41i»

no

IR%

Pacincof Mo.
P^niinn

T. Wat).

KS

52X
43%
110

97 1<
55>i

•9S

97
51 1*

97

97

S3

40

'

97

Central....
Lflke Shore ...
MicliIi-'anCent
X.Y.O.-n.AII.I!
(Uilo.t Miss...
111.

ISK •17
9ls 94

87X
63V

SiU 65H
63 li CIK
61^
40U
40« lOX
S9X 40H 40
59
53
57
58$
pref.
do
59>i
57V
104V lOBX 103K 105H
C. It. I.* Pac. lOlXlOliJ lOIVlIK
Col.Chic.ft I.C
*H *% "4« IV
'4X i)i
108
IW
1(B
105X 108
Uc'l. L. & West 1071» I07V 108
MX ii)i 15 15}f 15 I5J« 15'< I5V
Eric
15
•U
....
UV 15
•14Si 15
Han. & St. .109 •14
•24
....
pref. •Zta 24K •2JK 21 ,< •23V 25
do
'136 S, 133
•135
13S
133
n.arlein
136X 13S
pref.
do
Chlc.&Nortti.

i%

2X

• ...
93)<

IS

IS
91iV

mium

Tenders

Dec.

The lollowinK are the

S.tOT.liX)

Set Deposits
I

Apr. I'... 359 .'07.990
Apr. 22.. "8 752 410
2.52.117 200
Auras..
\ay»... 251.0U,6»

19,4»,8)0
18Or!..*00
17.076.600
19,801.400

.....
.«v
1S.1S1.»(0
6S,iJ0

|

totals for a series

Snecle.

.

Jnc.
Dec.

Circulation

of weeks past
Clrcu-

Legal

Loans.

week are as

Ten(W>r8.
88.Hii6Sm

Denoslts.
IKB.SK.SOO

4S0i9.100

;OS.262.4(10
20-!.529.100

S9,18J,20)

:05,1i».000

•1.8*1.9

Isilon.
;;-2S?in«
16.2S2.01O

16.5«2J(B
16,U»,«00

Aggregate
'
Clearinn
nT.74«835
aO.C3l.SlS
STD.Ta.tUS
417^*71^03

i

—

:

ti-V.'W

AtlanUc

110,800

Atlas

IJW,0

2 7H,80I

10.900

Blackslona
Bofton
Boyletoo
BroiidwaT

2,UUU,UJU
1,'ifOOW)

4.4i3,=i(0

4,7')i)

2.168 600
1.81).t00

13.:0)
2,4U)

lOO.OlX'

3

200,UU)
500,a)J

Central

Colombian
Contmeotal
Bitot

Kverett
Faneull fall

Freeman'*
O'obe
Hamlltuu
no»aril

6.0.10

l,UiV,l«J
1,000.000

imsixjo
2.6 7,9tO
2.0i:.6D)
2..4G,6CO

«|i,000

l,'3'),lOJ

1,000,1X10

36 9.0
i-i'soj

2.300
2.900
2.100
lO.OOO

l.UJO,00)
fOJ.OOO
1,0 0.000

2.3S:,S00
l,f41,»0U

750.000

l,7il.400
2,3^1,400

2,1S1.:!00

1.000,000

Manv.fic'.ureni'

SlO.UW

Market

8(0.000

96S,'.00
1 l;m,30j

Ma«9»c:m»eltB
Maverick...
Merchandlae

8i0,ao

?,0!.<.liffl

*0,0

2,lJl,-iOO
1,133,''00
8,S5l',«0U

SOO.iW)
3,ao.lxiO
tOO.OOO

Mercliantii'

Jletropolllan

Mount Veruon

Kew

KDgland
North
0.(1 BOBIOO
Sffawniut

and Leather

Btaie

S^.9M
16.SC0
4,^i:0

6.7(10

860,'"06

0.1),'00

2,i.'i,HlO

900,000
1.000.000

2,03a,HI0
2,43;,«00

I.OOi'.OOO

S.4H.500

0)0

3,6«,9(X)

Tremont

2,(0',CO0

3.i6j,2.«
l,7«.4llO
4,1 0', -CO

ISO.OiX)

First..."

l,a«.00l)

1,600000

4.l!5.U)l)
l,1.6,0i'O

iOJ.OOO
2f0,C00

Third

Fourth

121,300
99 .'.CO

1,6
200
S!!>,S00

45.00
354,*0

Ste.j'iO

3,911.500
512,010
897,V0J

'206

6-.,!00

7,''.00

63iOi)
100,40J

4.0
7,9

91,')0J

24T,30O
43,500

PennsylvanlaSs, gold,

new

73;.9,«
20:,:0.)

S4J.3O0

UD.OlO
230,:00
4l5,3jj

New

Camieu
Camden

14;.III0
,0

86.201

816,200
SS4,:05
-8"..10)

1.0l9,ilC0

8H,'0U

IS',!

7V00

108.100

912.100

6.110
77.9(0
75,000
5i,200

9il.SlO

615.10'l

rS-l.lOO
E91."0:i

18;,«U)
139,;«)
61.200
U.3IH)
261,200

1.163.400
1,522,500
l,'J6,i<0
Ui',60O
2.277 300
9 4 fOJ
1.585.100
9J4.-0O
2,0i;.800
574.500
669, '10

526 ;0O

Enntlnglon * Broad Top ..
do Pf''
do
Lehigh Valley

4-47

Little Schuylkill

IS.OOO
429.90J
559.300

2.600
41,900

Commonwealth
Wty

l.COO.OOO
1,000,000
I.^VO.OCO
515.000
1 0*.OUl)

SC5.0I'0

47',666

SSS.I'OO

Eagle

1 .0'

00)
1,000000

1,901,6(0

r.,100

97,M)

6, 13; ,800

-.S'-'O.)

S,S9i.«lU

2:8,'*I0
nn.'.'OO

l,'l-0,7lO

•..SOO.COO

237.200
21,600

772,001

2,0OO.COO

4,sn,9C0

966,(100
5?7,l^<l

200000

.

>h9 uppubllc.

.

Exchange
Hide and Leather
Bevere

5,-.''4,:0)

4I3.6O0

16',W0

3.!9l,SiO
3,16 ',!l)0

l,92i,C0

47,210

17,1(0

00

31",KI

mion

l,f«)0iP

8«l,'i00
2.518, 00

6,800

Webster

1,5X1,0(0

:,31o,,00

:i,-200

75,100
108,700
85,200

1,955,3(0
70',600
l.O-S.'OO
819,500

Totai

51,350,0(0

131,191,403

l,°6j,6))

7,19jai0

53,882,400

Secur'tT

The

amo-mfdue

total

The

to other banks,

20,'

os per statement of

'

Ma?

9i5,:i«
v,<\-o
4ie,:o.i

2:9,6

179,110
640,700
3.'2,100

22,975,000
b, is $25,46 -,000

deviations from last week's returns are as follows:

Loans

increase. $1,388,(00
74,400
Increise.
16,500
Decrease.

Specie
,
L. Tender Notes

Increase.
Increase.

Deposits
Circu ation

1

are the totals tor a series of weeks past
Pnecie. LegalTenders. Deposits. Clrcnlntlon.
Ltoans.

Tue following
Dare.
Aprll24

13i.296.l00

2,197700

7,127,600

55,'60,3)0

23,0:5 300

May

r29.S52,S0.l
13','.91,400

1,S91,301

7 314,*0
7,:M,30O

53062,400
5i,«2,lt0

22.74)400

1

Mays

1.9SS,0'J0

Total net

Clrcu-

Loans.
$,).70O

Specie. L. Tender. Deoos ts.
000*125.000
»3.9JO.OOO
J903.IX)0
"

4 612,000
6,518, 00

49,000
112,700

"
1,456,000
1,332,000

2,17",0()0
l,''-?,000

aoo)

:54,;.ooo

lallnn.

t:;oooo

"
S.75-2,(100

797,000

5,2!4,-200
1,63 -,000

1,000,001)

213.60
;n,ooo

6 6,1100

61,(|-0

211.'<(«)

6,600
3,546

6:6 000
525,658
149.000

1,101,000
2.t!6.000
1,180.139
S78,62»

SOOOOi)

3,631,000
1,496,769
i,00S,i27
l,f91,555

i.m

22=,-,!0

fSSlOO

.'OO.IXIO

2.020,0!

49,lv3

sa.iii

1,000000
200,000

2,672,000
77s,2i6
4.187.000
1,4,3,000

2,010.969
1.707,000

212.I8-,

1,00,000

491 ,'5
£0i,000
175.443

7.9 000

P,-!53

7^5
2
590 000

feiooo

l,Ol<,000

131,000

CoDsolication
Cily

SOO.iOO
(00,000

l,Ui,46J
1 5 6,I«S

'.21,18

2,0 000

Commonwealth

2(0000

611000

Corn Exchange

500,000

Tlnlon
First

tOOOOO

1,931,000
1,515.000

:«,494
10,000

1,000000

4671,000

lo,000

SOOaiO
l:0,00

975,000
550,000
716,000
1,125,000
4,535,(00

1,000

Southwark
Kensington
Penn
Western

000
2
250,000

Manufailurers-

Ban X of Commerce

'.fO.O

Olrard
Tradeai'ieii'.

Third
Blllh
teverilh
Ighlh
Central

250,000

2:5000

KanKot Kepubilc

7f0.0(O
EOO.OOO

Security

ilOOOO

iOl.562
SkO.'OO
134.000
781,000
381,000
1.0 3.HX)
'237,000

101,000
102,000
2 O.OOO

9)0 3 7
5 8.' 00

980 ;.0

fSiO'O

13.287,359

48,0.9.285

2:0.000

61,222,73)

577,760

271,050
90.000
7S6(IUI)

261,000
135,(00
219,590

4)1000

100,001
93,000

16,1:3,000

21.S.0J0

4'25,000

4l.5.?00

Total.,.

3.7.721

2,lJ-,000
1 173.000
4,1 2 000
812,000

1,156.000

teutenuUl

5:V,000

i

l,9iV00

sa.m

19J,S0i
21H,2:«
223,2;0

000

f9l,000
4,162

637,00)
3)1,000

The

2'.395

65.000
1^,000
10,872

5:,i0l»
6 0,000
180 000
45,'

00
2

10.^84

deviations from the returnsof previous weekare as follows:

Capital

Dec.

t20(>,f)(0

Loaas

Di'-.
Ino.

i5',5U

Specie

12i.6)2

i

Legal-Tender Notes

Inc.
Inc.
Inc.

De.iosl'.s

Circulation

I

$112,439
74.6^6
li,0J7

The following

are the totals for a series of weeks past:
Loans.
Bnecla. LogalTendeia. DeD^Mits, Glrcnlat'n.

Date.
April
April

60.sr5.3I3
6'.S:'4513
61,li4.Jl9

17
24

Mayl

Mays

465,195
400,:65
453.(91
577.760

61.'2-22.736

pDTri'IUNs

L^

BIISIU.V

13.247.512

46.5-0,181

13.0i;),9'J5

47.04,772

l;!,:75,120

47,931,619
4g 0:9.2-5

13.207.;5)

FHlLAOKLFlirA^.ND

BBCTBITIRS,

BOSTON.

Vermont 4 Ma8s„l8tM.

5b, Gold
do
Boston 68, Cnrrency
do 5s,goId
Chicago Sewerage 78
do
Municipal 7a

104M Cln., Sandusky

Portland 68
Atch, 4 Topekalst m.Ta
do
land gt. 78
do
2d 78
do
land inc. 128.,

& Albany "s
4 Maine 7s
Burllnaton 4 Mo. Neb. Ss,
Boston
Boston

1894
do"
do N.;b. 8b, 1883.
Saatern Mass.. 78
Ind. Cln.4},af. 7s, :S69

equipment lOs,
d6
dp
funded debt 7£
Ogdensbnrg A Lake Ch 68
Old Col. * Newport Bds, 7, '77
Bitland.new 78

«u

ii.

VsnnOQt 4

Mort.,7,189:...,
Can., new, 8s ,,

Clev. stock.

Concord

33'

5CK

51

Connecticut River
Connecticut 4 Passumpslc,
Kastern (Mass ,7

l'.i2H

;03

Ks^ernCNew Hampshire)

114

li4\

fuchburg

82«

73

35
••'0

Colony
fort.,Saco4 Portnnonth
Hntland

9M

V-%

(Old

•

9*
8J"

pf.

Manchester 4 Lawrence
loix Nashua 4 Lowell
92
Sorthern ol New Hampshire..
!4orwlch4 Worcester
Ogdens. 4L. Cbamplaln
do
do
pret..

.

Term't(Jen.,lstM.,can8.,7,'8e

4

121>4
123

124S

90

4 Mftssachasetts
Worcester A Nashua
(^em.oDt

\o

125"

30

..

m\

n\
70

:os

25X
Certllicatts

I

...

,

.

Ten year Bonds, tifl,
.

78

99
95
lo2

1878
) 6 g, 1892.

fond Loan (Cong
Fund. Loan (Legl.ts.g, 19(i2.
Cei n, of Stock £lr28) 38, at pleaf
"
"
(1843)63, atpleat

;C0

7 S-lOs, '.896

esM

.

M'aHlington.

13

Ches,

O. Bt'k

ft

('47) 6s,

at pleas.

Georgeioitn.

Geteral btock
lOiit

Cayuga lake 1st m. g,7», 1901' io3'
Coinectlng 6s 1900-1904.
;^,
Dan..H. *Wllks,l8t m,7u,'8
D'laware mort.6s, varioni..
101
East Penn. st nort .7s,'88..
lOlH
Kl. & W'mspoit.lstm. 18. 80,
do 58,Ferp
do
Harrlshurg '.st mort.Ss ,'83,..
.

,

8.',

7881

63, at pleasure.
do
do
Pounty stock. 68,
d>
Market slock, 68.
Board of Public Works—
Cers. Gen. Imp. 86,1874
(0
1875
1876
do
1377
do
1678
do
Series,
do

Certificates. Sewer. Ss, 1871-77.
Water Certificates, Ss, 1377...

1

B.*

n, T.lBtmort.7s,'90,,..

do
do
Ithaca*

2dmort. 78, '95...
cons. 7s. '(5
Athens g. 7s. •?(.•...
Ist mort. 6b, S:;.. ..

CINCINNATI,
82X

Cincinnati 5s

do

io-.ix

SS

'97

<'
7s
7-308

100
;;o
115
do
7.308"
KP.,
1G5K,
106
Cincinnati South'n
93
Hara.C(J,,Ohlo6p.c..ongbds. 96
do 7p.c.,lto5yre. t:'2 116
do
do igbds,7 ftV.SO; 1C6 106
do
.Bridge s'ock, pref 115 l-cO
ft
95
bonds, long. '£0
do
Cln.Ham.ft D„l8tM., ., 80.., (.3 1»1
2dM„7,-85... 10(1 102
do
io
3d W., 8,77... '100
do
do
56"
83
Ind.76 gnar
Cln..
9i
92
Cln. ft Indiana, let M.,7
78
do 2d M., 7, 1877,. 73
do
105
CoIum.,ft Xenla, 1st M.,7, '90. 02
Dayton ft Mich., iBtM., 7 81.. 102)4 105
2d VI., 7, '84..
do
do
8d M.,7, '68,, 91
do
do
do To'do dep. bds, 7, 'Sl-'94 97
•100
Dayton ft West,, Ist M,, 1881,
;6
•0
Ist M., 19(5,.
do
Jo
60
1st M,, 6, 1905. 77
do
do
73
76
Ind„Cln.4Lar,,lstM ,
97
(I.4C.) lstM.,7,188S ;9
do
95
9j
Little Miami, 6, 1883

do

101

3dm.

Junction

1C8
•110

1900...
2d
do
do
Lehigh Valley, 6s. cou.. 1«98.
um. Cov
do reg.lS98,. 1(6
do
do
110
78. 1910 109
do
do
oo
con, m 68 19.3 lOlH lOlX
do
do
Utt.le8chuylkm.l8tM.. 7. 1877. 100J4
Northern Pnclflc 7 3-108. 19(0'. '.05"
Ham.4
North Penn. Ist m, 6s. '85

2dm.

do
do
do

on

(05

78, '96

chattel M. lOs 1877 103
7s, coup., 1903 -C6>4
Ale. K , c( n.lB.'BSV

gen. M.

Cr'k

4

E6
OilCreeklstm.7s,'82
Penn4S.V.C,4P.K78.-96-190«. lOsX 109X
1U7
Pennsylvania, Ist M.,6.1880, ,i .(.6
-lo
gen. m. 63 1910, coup :04,(<
do gen.m.,6s reg.. 19l'0jl05>4
cons. m. 6s, reg., 1905
do
,

1st m.68,'97
Brie Ist m. 68, '81

Perklomen
Phlla.

*

do
Philadelphia

do

100
95
103
109)1
82

2dm. 78. '88
'80
4 Beading 6s, '93
do

(8,

deb. bonds, 93
g. m.7s,c. 1911

Pills.. Cln.

4

St. LouiB7s, '90.

8haraoklnV,4 Pottsv.

—

cm, Hara, ft Dayton stock.
Columbus 4 Xenla stock
Dayton

H%

W.\i Little
100

84

Jeff,,

do
do

—

80'

10,3

\

conv-, "82
oonv., g.'94.
gold. '97

;C3'.(

105

Pennsylvania 68,1110

74

76

Schuylkill Nav. lit m.68,'97.
do
2d m., 6s. 190

9(1

93

In default oCInterest.

5J

44"
106
101

Mad,
do 2d M.,7,
do Ist M., 'J, 1906...,

'•in
92

B3X

«3(t

93X
74"

'97..

81

un

92

93

ft

Nashville

23

ST. LOUIS.

81

3t
91V
91

92 X
92 K
92)4

93 X
Lonlsv. Loan,6,'8l S2
do
L.ANash.lstM. (m.s.) 7, 'T7.. 93
t
do Lou. Loan (m, 8.16. '8f- '37 92
93
(Leb.Br.)6,'9« 92
do
do
Wi
do IstM. (Leb.br. ei)7.'SO-'S5 93>i 9SV
93
Lou.L'n(Leb.br.ex)6,'93
do
do Consol. 1st M.. 7,1898.... 9:x 93),
Jefferson., Mad. ft Ind
7
Lonlav., CIn.4 Lex..pref
do
common. 4
do

67

....

72

.'0

lOl
12
1P3

•oul8.ftFr'k.,l8tM,,6,'i0-'73,.

81

10

6s, '97

'89.
ft I,l8tM.(lftM.)7, "81

Louisville

103 K 104
loati, re?,, 18-5.. 100

do Is.boat 4 (.ar.1915
scrip...
do
Susquehanna 68,7894

Water Stock
Wharf 63

special tax 68 of

Loni8V.C,ftLei,,lstM,,7.

l(5,li

P.It,")7.... 1(I2H los.S
100
91
deb,Ti

do
do
do
do
do

.

LntllSVILLE.

do
do
do

4

Wllm.4Uoad„78tM,,7.l93U''.
do 2d Mort, 1902"
do
OANAL BO.NDS
Delaware Division 6s, '78
Lehigh Navigation 68. '91

.

Michigan stock...

1C2X ie3)<
Louisville 78
V2>i 93)4
Louisville 6s, 'S2 to '87
93X
6s,'97to'98
do
Watei 6s,'87to'89., 92)4 93S
do

Erie Ist m.78,'77.. 100
ir.-.ltedN. J. c ns. m. 63, 91.. iO0i<
50
Warren F. Ist m. is, '96
Westchester cons. 78, '91. ... 7(6
:02V..
West Jersey Ist m. 68, '96

do 79.. '.397,...
do
Western Penn. RK. 68. 1593....
do 6sPb'9«
do

ft

8 p. c.st'kguai
do
UO
Miami stock

107 V,

7s,l'"C:.

do
m. 6s. '95 ...
68, Imp., '30...
do
do 68.boat&car,1913

iio'

101

A.,'.592... lOlX 106

Diarlct of Cnlumhia.

domort.68,'89.. lu'k
ao
Cam A Atlan. 1st m, 7s. g. I9tl3 loi'
^*^
2d do 78. c. 18*
do
Co. 6*, '97
Cam & Biirlliigton
catawissa, new 7>. 19(0..... .._ lii"

Morris, b^at

common

do preferred
Vermont 4 Canada

do

8unbury4
<,'S3,

Boston 4 Albany Stock .. .. •
irix
Boston 4 Lowell stock
"
Boston 4 Maine
no"
*
Boston 4 Providence
150
Burlington 4 Mo. in Nebraska 38 li 40X
Cheshire preferred
41
Chicago, Uur. 4 Quincy
117XlliS

109JI

do

«

WASHINKTO'V.

3d M.68,'87
do
Amboy.Js, '83....
68, '89
do

Camden »

C.n.7s. F.

People's Gas

E. Ext..l910
45"
do Inc. i8end,'94
B.,vldereDeUw.xe.ls^m.6_,.'77 .o;i),
'do

&

Baltimore Gas, certificate!

63
5

SteubenvUle 4 Indiana 78. '84.
Stony CreCK. 1st m.. 73, 19(7...

STOCKS.

Kev UampBhtre,6s
Yeroiont 6s
MassachuBettsCB, Gold

:

U4'<

MieCELUNlorS,

BAILBOAD BONDS.
Val.
Allegheny
*'^*

.

Perm. Imp.,68,g. J.«J, :891.
do
78, ls9'.
45X Market
Stock bonds. 7s. 1^92.
?6k Water'• Stock "bonds '7s, 1901
78,19(3..
"l

do
do
do reg,'.911
do
10,17V15|
new conv.78,1893
do
10,(61 072
do Oral 4 l,Cr> m.,7s.'92-'3
Phila., Wilm. ft Bait. 6i. 13 4..

BKCCBITIHS.

Malnefis

r.x

pref.

10..327,'230

CITIES:

1S)4
4i>i

44

Delaware nlvlalon
Lenlgh Navigation

do

O.

91
2d.M.* N
do
89«
8s, 3d, J. 4 J
do
UnlonKK.,i8t guar.. J 4 J.,
Canton endorsed.,
do

58
!i

5'2K

10.367.S01

OI'IIER

Mar,

101

51H

OANil. STOOKa,

•244.000

2 4,(00

38
50
53
c4

WeslJersev

Morris,.,,.
do pref
Navigation.
Schuylkill
'

J.... IC2X

A.«

l8tM.,lf90. J, 4 J,. CO
do
di
21 M.. (guar.) J. t J, 104;
48
2dM,.(pref.)
do
do 2'M,(gr.by W,' o,)J.4J. UO
do 6s ScTm j(guar.) J,4 J, 104 H'

;o

8

134%

5C

W. Md,68,l8tM.,(gr)'90,J.*J.

5

4

United N.J. Companies. ,.,
West Chester coneol. pref

22,975,1.00

Pblladelpbia Banks. — The following is the average condition of the Philadelpbia National Banks for the week preceding
Monday, May 8, 1876:
Caplla'.
Banks.
»:.r0O.0OO
Phlls'lelDhla
1.000.000
Korth A'merlci,..
Farraere' and Mechanics' ;,O0O0UO
810000
Commercial
too 000
Mtciianlcs'
E0O,0OI
Bank of N, Liberties

2)
30

110

68. 18S5.

MX

S

N.W.Va.. 3d M.(guar)'-5. J.&J \m"
PIttsb, « CcnLell8v,78.'9S, Oo :»% lOUX
Northern Central «b, 18S5, do •-•-sx
99
do
68, 1900,A.4O
do 6s, gold, 1900, J &J. :01m
Gen. Ohio 6', l»t M.,i8W,M.«:S. 95

,'6'

Phlladelplila 2t Tre[it()n
Phlla.,'Wilmlng.ft Baltimore

|3TO.roo
231,600

I

do

40

,

f63,l'03

BAILBOAI) BOND-.
Ohio 6s. '.f80, J.4

Bait. &

14
41

Norrlstown
North l*rnnsylvanl»
FenLsyivanla
Pnllaclelphla *Krle.
Philadelphia* Hearting

5(

60
50

Central! hlo
Pittsburgh & ConnelJsvlIle.

62X

••••
MinehlU
Nesqnehonlng Valley

43 9J0

2.33D.930

Kedempllon.

94.H

90

l'.2,000

£26. 166

N.America....

....

l.-S.SOO

f,4.i5.«00

Cominetce

of
of
i!an'< of
Baok of

...

75,400
20,6 10

26S.10J

Parkersburg Br.
do
Northern Central
Western Varyland

..

prei
do
do
CatawlBsa
pret
do
^ew pref
do
De'awarc & Hound Bro.k
East Fennsylvanla
Klmtra* WllUamsport
Elmlra t WllUamsport pref.

2 00ij00

Bank
Bant

...

BAILBOAD STOCKS.
Camden & Ailautir

i^flM
171, :00
6l.\'il0

6i4flO0

»

do
do
do
do

City «(

'1,
do
0elaTar^«8,
.
HarrlBburg city 6s,

1,713.0(H)

994.11)0

Q—

J.«j

CiO.aO

:8;i.200

101

6l, 10-15 1877-82
:r3X
Baltimore 68, ISsl, quart* rly.
15-25, 'c2-92 113>5
do
::o«
6a.ltiS6, J. ft J
do
Philadelphia 68, old, regist'd. 1(4
6-, 1890, quarterly.
do
C9X ili'<
do
lOr^ii lOSX
6b,
do
6a,Park.l39;i,
M.
do
coupon.
ConntT
Ss,
Allegheny
6s,l-93,M.& S
do
Wttsburg 41, 1913
69,exempt,'9S,M.&& 112
do
5», 1913
do
do
es, 190U,
6b, iio'd, various
do
6b, 1902.
do
do
108
-s.Watei Ln. various 107
do
Watir.Ss
Norfolk
78. street Imp., 'i3-S6 10551 1C6>,
do
BAtl.ROAD STOCK8. Par.
Jersey Ss, Exempi», var.
IW
Bait.
Ohlo-St. ck
144
County 6a, various..
Wash. Brarch. .1(0
do
160

S«-..(iOO

43.. 9.0

var

liit.

cor. yar.

do

do
do
do

82 1,000
77.', ID

1,269,S0>
»S9,500
1,01,61)0
l,2Vi.90O

BALTinORR.

Marvland 6... detence, J. & J.
do
6s. exempt. 1^87
6*, 1?90. quarterly..
do
do
5f, quarterly

STATB AND OITT BONDS.

SiX)

5!l,0l
Ml.'0<

4

swmiTin.

PHILADELPHIA.

3(10

F8',,.0J

61.i.!(ifl

19^110

7.7
20.4 fl
6 800

1.23'.,100

Second

1,2-1.','03

1 19.J0
5.',6M

>00.0O

Washlagtoa

178,'!00

71,030

S,3».7oo

SuSolk.
Traders'

VI4I6U

841,000
525.100
5,3:8,5

2.0

r4rT.3l<)
fl.fOO
9:8 9.0
101.500
825,309 -2,537.5C«
874.50)
ISI.SIO
B't.UCO
6IS.:00
2S,0rO
1.6.0.0
3:6,000
57,00
l,5l:l.V00
1«3,?00
8tl,(<a
10J,5(0
105.900
905.000
621,00
61.200
12!l,t0)
1.3«,«'l)
SiS.iOO
66.100
1S4.-00
1,235 210
69S.I0)
49,SO)
l,C62.,'n.l
10i,703
57,600
522,500
tOO.IU)
72,:00

85.410
46,701

^^'yi
IOOjOO
I

Clrcnl.

Bneole. L.T.Xotcs.Di>cotlt>.

Loani.

Cinlttl.

1876.

13,

Etc.-Contlnae<l.

1,

tBODSITISa.

8, 1876:

Banka.

[May

BOSTON, PttlL.lORIjPHI

—

Boston Banks. Below we give a stateinenf of the Boston
National Banks, as returned to the Clearing House on Monday,

lihoe

. .

.

THE CHRONICLR

466
May

.,

.,

Louis 6s. Long Bonds.....
io
Wateres gold
do
do. (new).
do
do Bridge Approach g.68
do Renewal gold 6s
do Sewer g. 63 (duc'91-2-3)'

LoulsCo.new
do

At

4

102)4
1(6J.'

106
ir«
10

116

Parkg.6a..*i;''6
» 104K

c'y, "9.

Pacific guar, land grants
2d M. ..

do

interest.
i-Udlnl

'5

—

„

..

May

.

.

.
.

..

...

. .

THE CHRONICLE

13, lb76.]

467

NEW

GENERAL QUOTATIONS OF STOCKS AND BONDS IN

Bur.

5b, 18**
5b, 186»

do

Chesapeake

&

L. K.

A

L. R.

&N-0....

78, Ml88. O.
78, Arlt. Cent.

RR

R.

R

107

1S7S.

a

.

Warloan

45
4S
45
42
45

102M
102^1

Winona &

105

Canal Loan, 1871..

102
105
106

15
15
80
60

.. ..A.& O....
do
do coup, off, J. & J.,
do do off, A. & O.
866
act,
Funding
1868
do
Kew bonds, J. & J
A. if O
do

45«

2«

1

4

886

Mich

S3
34
S4
445
35

act. 1866

7B0f 1888
Non-fundable bonds ..
Tennessee 6s, old
6s, new
do
68, new series.
do
Texas lOs of 167ii
Virginia—

Cleve.

43
41Ji
41>«

do
do
do
do
do
do
do

40

.

7i«

Railroad Stocks.
{AcUreiirf i'mly quot'd )
Albanv & Susquehanna...
Central Pacific

Chicago & Alton
pref
do
8hlc. Bur. & Qulncj

&

06'

&

City.

B8W

63

Jo1Iet& Chicago
Islnnd

il8« 119
Rensselaer &. Saratoga
Rome IVatertown & Og.
Bl. Louis Alton &T. IT...
i'9
do
pref. 13
do

^

pref.
.

Warren

niBcel'ons Stocks,
District Telegraph...

Canton Co., Baltimore
lul .

\mi
112

Cflinberland Coal

&

&

Ind.

C, Ist mort

do

Rome
St. L.

119

Iron.

Connecticut W'estcrn :et7s
Chicago & Mich. Lake Shore
Dan. Urb. BI.4; P. istm. 76, p.
Des Moines & Ft Dodge Ist 78.
.

Grand

2d mort., pref,
2d mort. Inc'me

Mountain Coal

Railroad Bonds.

W. D..
40
do
iStork Ej-rhan'je. JYirex
do Bur. Dlv.
do
Albany & Susq., Ist bouda 110
do Sd mort..
do
do
Jd
do consol. 78
do 10«i^ loejt
do
do
do
dU^
,Tol. Wab. &. Weatern—
Boat. Hart. « E., lat mort.' 80
Tol. «c Wabaab, ttt m. extend
I

S2>t

47

2iH
97
90
94
70
35
45

&,

Lake M.

...

68.'

&

Ind. 1st

76,

gu

do

consol. bds.

84
flO

71

Indianapolis & St. Louis Tb
;Houston & Gt. North. Ist *8,g.
91H, International (.Texaa) Istg....
Int.H. & G. N. conv. 88
67
JackBOn Lansing & Sag. 86...
91« Kanaaa Pac. ',6 extension, gold
Tb, land grant, gld
do
'8, do
new, gld
do

.

do
do

92X 92«

funded

Shore RR. 1st m.
Lake Sup. & Miss, ist Is,
L. Ont.

48

Int. 8s

pref. stock...

92«
SO

g. 78.

gold.

Leav. Atch. A N. W. 78, guar..
Leav. Law. & Gal. Ist m., 10s.
Logans. Craw. « S. W. 88, gld
Michigan Air Line 8s
Montleello & P. JervlB Ta, gld.
Moutclalr lit 78, gold

26
60
19
10
90

ma

a
70

M
70

Southern Secarltles.
(Biokerit' OufttaUoti$.)

STATES.
ISK

fa,
78.

do
do
do

IM
6b.

51

(fiat)

90

"
gold
"
of 1881
peuBloD... "

10b

li's,

08
SO
9B

108
102
106

110

75
83

80
86
88
67
7a
92
80
90
8S
50
49
46
40
40
30
80
80

104
106

OITliS.
Atlanta.Ga., 78

do

8e

Augusta, Ga., 7s, bonds
Charleston stock 6s

C, 78,

F. L. bds.

Columbia, 8. C, 6b
Columbus, Ga., 78, bonds
Lynchburg 6s
Macon '8, bonds
...

MoblleAB (coups, on)
do 8b (coups, on)
.Montgomery 88
Nashville

do

New

68,
6b,

^.

new

Orleans 58
conaol. ta...

bonds,

85
53
67

TO
80
80
40
37
38
.SO

30
10
70

old

do
do
do
do
do

76..

-•" '^
fid. 7b, quarterly
Ob
to railroad!, 6a...

70
35
43
85
34
33
ao
76

4^3

40
38
38
87
80

M
97
86
88
78
60

,

6b, gold...,
68. gold...

IB
5a
43
7S
80
10
80
50
97
4*
80
18
40

Gulf, consol
end. Savan'h
stock
do guar.
Carolina Central Ist m. 6b. g«.
Central Georgia consol. mTtS.
do
8tock
Charlotte Col. ft A. 1st M.78..
do
do
stock
Charleston ft Savannah 68, end
Savannah & Char. 1st M. 7b...
Atlantic

ft

do
do
do

Cheraw & Darlington

93
72
05

90

78

East Tenn. ft (Georgia 66
Ea8t Tenn. ft Va. 68. end. Tenn
E. Tenn. Va. ft Ga. lat m. 7s..
do
do
stock

75
75
90
00
96
70
52

ft Col. 76, guar
do
61
78, certlf..
Brunswick end. Ts.. 110
Augusta bonds
8S

endorsed...
86
stock
CharleatoD Ist 7b. 'so
do
2d 7b... 60
do
Btock.
6

Memphis

ft

Memphia

ft

.

Little

Rock

MIssLslppI Central

do
Mls6l88lppl

m.
...

'so

2d m. SB...

56
80
80
90

Tenn.

ft

1st

m ts

tat

I8t

m.

78..

consol.
ft

do

88.

West P. Ist 8a.
do Income

Mont, ft Eufaula Ist 8s, g., end "ta
40
Mobile ft Ohio sterling ....
do ex certlf. 40
do

do
do
do

82«
70

N. Orleans
Nashville

Norfolk

ft

ft

?8
88
68
IS
68

90
68
90
64
98
43
43

30

10

18

»i
70
80

96

m

do
certlf 's 8s.
Chattanooga 68.
Petersburg 1st m. 68

ft

78

2dm. 8a
C,

m.
2d m.
lat

Ss
8a

do
Orange ft Alexaudrl*, Ism. 6«.
2d8,6B..
do
8d8,8B...
do
4ths,8a..
do
RIchm'd ft Petersb'g lat m. 78.
Rich. Fre'ksb'g
ft

80
88
63
112
90

2d mort. 88

do
do

Rich,

60
100

25

stock
Jacks. Ist

do
Danv.

80
80

95

88. Interest

Korttaeastern, S.

,

80

iiii

40
sn
BO
71

Mt. cArk. Br.)Ta,g.
Southern Central of N. Y. 7i..
IJiilon ft LotfHnsport '.a
Union Pacinc, So. branrh. (a^
Walklll Valley lit '.a, gold....
Weal Wisconsin '.a, gold
Wlaconaln Valley 86

do

90
70
78
66
June
68
do
gld,.
&
Dec
68,
do
68, do Feb. & Aug 70
do
7b, 18:6, laud grant 100
do
78, Leaven, br'och 60
Incomes, Ko. i;... 12
do
do
No. 16... 12
do
10
Stock
do
Kalamazoo & South H. 8s, gr. 00
Kal. AUeghan. & G. R. 8b, gr.. 92
92
Kansas City & Cameron Its
Kan. C.St. Jo. andC.B.Psof '86
8- of '96
do
do
85
Keokuk & Des Moines Ut 7s.

??*

I.

Montgomery
91
70
78
90
75
B7
64

78

2d, guar
lat 7b, gold.

St. L. ft
St. L.ft

do
88
45

107

& Vlncen. Ist 78, gr..
Iowa Falls A Sioux C. 1st 78...

16
iiio

100

Macon ft
Macon ft
do

ir..

IJH

lOa...
8 p. c.
do
do
SanduakT Mana. ft Newark 7b.
St. Loult Vaodallt ft T. H. lat.

Greenville

ist

Indlanap.

90

8t...

".«

10
M

80K 81«

Ut mort.

Georgia RR. 78
8tock
do

a

m.

Ist

:d m.

L.G.'B...
IttexL. G. 78
Grand River Valley 88
Hon*. & Texas C. Ist 7s, gold.,

)

'

It.

do
do

BellevJIlc & S. Ill.li.l6t in. 8s
Tol. Peoria* Warsaw, E. D...

Penntylvftiita Coal

M

46
20
95
94

15
27

.'

&

do
do

do
St. Jo. ft C. Bl.

do

EvaUBvIlle & Crawfnrdsv., 78..
Erie & Pitteburgh 1st 78

45H

gold...

;»,

13

15

RAILROADS.

& Columbia 78
Denver Pacific 78. gold
Denver & Rio Grande 78. gold.

112

Oiwego

ft

S2M

Ala. ft Chatt.lst m.88, end...
Ala.ft Tcuu.niv. 1st mort 7b.
do
2d mort. 78 ...

.

,

Maryland Coal

Houdout

8I0UX City ft Pacific ••
Southern Mluu. constnic.

.

104
89
R. 68 ..
American Central 88
104
_
S'thwestcrn
88
('hlc.&
78, guar..
Chesapeake & 0.2d m., gold 78 10
Chicago Clinton & Dub. 88. ...
Chic. & Can. South :stm.g. 78. 27H

DutchesB

'^

nn

& Minn. 68
Hannibal K. 8s.

do

2d mort 10
do
Watert'n & Og.. con. iBt
Iron Mountain, Ist m. idd
41J4
2d m..
do
do
8
St. L. Alton & f. H.—
106
Alton & T. II., 1st mort ..

Conftolidat'n C oal of Md..
Mariposa L. & M. Co
do
do
pref.

&

ChlcaaoA Iowa

Det. Lans.

land gr.m

Peoria Pekln ft J. lit mort,...
Peorlaft Uoek I.':s,gold
Huron ft L. M. ii, g. end,
Pullman Palace Car Co. stock
do
bds., 88, 4th8crleB
flockf. R. I. ft St. L. lit 78, gld

14«
HU
9U
70

.

Det. Hillsdale & In. lili. 88
Detroit & Bay City 8b, guar
Detroit Eel Klver & III. 89

116M

i8tm.. reg.

& Pacific

Col. Chic.

Co.

, ,
Delaware & Hudson Cau'l 110^4 110«
American Coal
..

Bprliiff

11(4

Home 7«, guar

ft

Central Pacific, 7s. gold, conv. ioiH< ldR«
Central of Iowa Ist m. 78, gold.
38
do
2d m., ,8, gol4|
do
Norfolk (8
104
Keokuk A St. Paul 88 .. '
Peter8burg6B
104
Carthage & Bur. 8b
Etlchmond fs
104
Dixon Pt orla t Han. 8e.
Savannah 78, old
104
0.0. & Fox K. Valley 88
do
7s, new
104
Quincy & Warsaw 88.
Wilmington, N. C,
104
Illinois Grand Trunk..

Peoria

South Pac. KH. bds. ot Mo
90%
Pacific R. of .Mo.. Ist mort
IstCaron'tB
do
2d mort
do
Penn. RR—
puts. Ft. W. & Chic, Istm.
do
2dm.
do
110>t
Sdni. 103
do
do
Cleve. & Pitts., consol., s.f. 105k
4th mort....
do

Terre Haute & Ind'polls
Toledo Peoria & Warsaw.
Toledo Wab. & W., pref..

&

do

Atlantic

.

.

.

8

H

Memphis old bonds, fs
uew bonds, 68
do
do
end., M. ft C. RH

int. ccrtlfs

Chic. Dub.
....

.

special.

III.,

6s, ".88.")
68, if87
6s, real estate.,
6s, snbecrlptlon
7b, I8!«
7s, conv., I8';6..
Hudson, 1st m.,coup

Oswego

Charleston. 6.

25
80
90
75
60

!«•

.

.

l(r<!

do San Joaquin branch
do Cal.tt Oregon Ist
do State Aid bonds
do Land Oraut bonds.
Western Pacific bonds.
Union Pacific, ist mort. b'ds
Land grant6. 78.
do
Sinking fund...
do

Morris & Essex
103H
Missouri Kansas & Texas.
1
New Jersey Southern
153
N. Y. New Haven & Hart.
Ohio & MIsslBS'ppI, pref
PltU. Ft. W. &, Ch., guar., 102)^

N. J Land

\'^

iBt Spring, dlv..
do
Pacific RailroadsCentral Pacific golcl bonds.,

Laf

do

with

do

New Jersey ft N. V. 7b, gold..
N. Y. ft Osw. Mid. 'Bt ,8, gold
do
3d 78, conv
Xorth. Pac. !al m. gld. 1 8-:u
Omaha ft Southwrstern RIt.

Texas SUte

35
80
30

116«
Harlem,
do
!d78
116 118
Is. equip...
do
do
95
95« Kvansville Hen. & Nashv. ,8...
North MI«8onrI, Ist mort
99
Evansvllle, T. II. & Chic. 78. g.
Ohio & MlBS., coneol. sink. fd.
consolidated
Flint
Pere
M.
1s,
Land
grant...
do
2d do
Port W., Jackson & Sag. Ss....
do

t«?l

.

.

Bid. Aak,

Louisiana new conaoI.TB
106^ South Carolina new consol.

28
25
20

.

consol. 7b

78, 2d m., s.f., 1883
1st mort. 78, coup...
do
78, reg

48

I.

&

do

Hudson R.

104^ 108
117H

Pittsburg, guar..

Dubuque & Sioux

,

Ailantle

m

103

State Linens

do
N.Y. Central

ex matured coop. .,
6s,con8ol..2d perles
deferred bonds..
Bletrlot of ColumWaS.65e.

cnt.

bds.

RAILROADS.
& P. Peak, 6 gold.'.
& Pacific L. 0. cs, gld
Atchison & Nebraska, 3 p. c.
Bur. A Mo. Klv., land m. 7b
Atchison

112
100
100

100
110
lis
106
106
112
103
108

109

bds., '93.

1I0«

113
104
105
110
102
106

^

.

Monroe & Tol. bonds loiW
& Erie, new bonds.. i(«

&

Long Island City
Newark City 7s
WaterTa
do
Oswego
PougnkeepRle Water
Rochester City Water

105
2d S., dots... 108
do
I02«
do8i
do
Sd8.,
108
.
102},
4th S., do 8'.... 108
do'
5thS..do8B.... 108
do
102
6thS.,do8s.... 109
do
dlv.) g. 7s. 20
0.
R.
M.
Bur.
*
IW Cairo & Fult on, iM.
1 st 76, gold
78
87
California Pac. RR., 78, gold
66, vam.g. 70
do
50
Canada Southern. iBt

1

6s,

Am.

—

Mich. Cent., consol. 7b, '90J .. ibo
IBtm.Ss. 882. s.f. 110
do
equipment bonds.
do
New Jersey Southern st m. 78

conBol. bonds

So.

1064
108^
110

m.

Ash. .old bds iin

new

103

Kalamazoo & W. Pigeon, 1st
102« laa^ Ch.D. & v.. I.dlv., I6tm.g.78.
Lake Shore Dlv. bonds
Cons. coup.. Ist.
do
Chic. Danv. & Vincen's 7s, gld
4
Cons, reg., 1st.. 106 iow< IC0I.& Hock V. 1st 8, SOycarB.
do
43H
Cons. coup.. 2d..
do
Ist 76, 10 years.
do
Cons, reg., 2d
do
do
2d 78, 20 years..
Marietta & CIn. iBt mort
Connecticut Valley 7b

186;

&

new bonds
do

do

1=66

do

Belleville

Clty.i st

101
c. 2d mort
N.Ind., S.F.. 7 p.c. 104
Tol. sInkinK fund, 107

&

IiullanapoIi8 7.S0B,....

TolcdoiJOs
Yonkers Water.duc 19M

&

&

Detroit
Buffalo
Buffalo

old

do

S.

do

LandC., 18s9, J. & J
LandC. 1889, A. & O....

Long

.

mort

2d

Cleve. P'vllle

Jan. ft July
April &Oct

Erie pref
Indlanap. CIn.

.

conv.

Mich. So. 7p.

68

&

83
70

Lake Shore108

ni

leve. Col. CIn.

m

Hartford 66

'85

107
112

tMyb*

Mo. Kanau * Trxaa 'a, gold..
Mo. U. rt. B.* Uulf in m. Ut.
?d m. K*i »'
do
do
N. Haven MIddlefn * W. -,i.
as
N.J. Midland ut 7b, gold
do
2d -•

do
Bo'eaBtcm

WH
104

due

do

do
2d dlv.
do
Cedar F. A Minn., Ist mort..
Indlanap. BI. & W., Ist mort...
do
2d mort...
do

7

Island 68

Were.

IBt.

Dubuque & Sioux

7

Classy
ClaseS

new bonds,

78,

Essex,

Ifllscellancoas List.

orrlEs.
88« Albany, N. y., 68

107% 108

.

Bouth Carolina—

66,
6b,
«B,
6b,
6B,

t

sink. fund...
do
Western Union Tel., 1900, coup fl»W 99Ji
reg ...
do
do

ibis

.

Ohlo6«,138t

'

SB

105
Buffalo Water and Park
110
lOBK iorxi Chicago 69, long dates
100
101
78, Bewerage
do
104
102
do
7s, water
104
95
do
7s, river Improvement 104
104«
104
do
78, varlouB
93
Cleveland 7s...
108
0854
Detroit Water Works's
111
'-5
Elliabcth City, due

do
do 5th do 78,1868
do 78, cons., mort., gold bds 107
do Long Dock bonds
81«
Bult. N. T. & E, Ist. m., 1877..
large bds.
do
do
iid
Han. & St. Jo., land grants
8b, conv. mort.
do
Illinois Central—

...

& JA.& O
do
.I.&.T....
N.C.RR

Funding

cqulp't bonds.
con. convert...

iJiiokerM' (jnoCaUotlt.)

bonds, ItOO....
couBtructlon.
106
78, of 1871....
106
1st con. guar.
Erie, 1st mort., extended
endorsed
do
do
do 2d mort., 78, 18-,9.
102S
do 8d do 78, 1883
98
7s, 18
4th do

da. old. J.

66,

&

do
do
do
do
do

..

.

Special tax. Class

mort.

m

do

do
Morris

...

do . !S91
do
IS93
do
do
do do .1893
do . 1876.
do
Horth Carolina-

2<1

Ind's IBt m. 7s, 8. F..
couBol. m. bondB
do
Del. Lack. & Western, Vd

do

1678
6«, gold, reg.... 1847
do coup.. 1887.
68,
do loan. ..1883
6b,

do

»9«
90

St. Peters, Ist m...

do

&

C. C. C.

Bounty Loan,reg
coup
do

Rhode

'^

Peninsula Ist mort., conv...
Chic. & Milwaukee, J8t mort

102M
106«

.

do
do

09M

.

new

6e,
•a.
68,
SB.

vo

Qnlncy

.

68,
do
6b, floating debt
do
7b, Penitentiary
do
68, levee
do
.....
8s, do
do
kB, do 1873
do
8s. of 1910
do
Michigan 68, 1673-79
68, I8B3
do
7s, 18.0
do
MlBBonrl 66, due 1876.. ..
1677
do
do
1S78.. .,
do
do
Long bonds, due 'fi-'30.
1834-5...
due
Funding,
ABvlum or Un., due lS9i.
Han. & St. Jos., due 1S76.
do 18S6.
do
do 1837.
do
Hew York State-

6e,
ee,

2d mort

..

Hannibal U Naples, >t mort
Ureat Western, !kt m., 8>8..

103

lnc^)ine

do
78, gold, K.D..
I8t7si;
do
do
iBtm., La CD.
do
I8tm.,l.ft M.I).
do
Istm., L & D
do
Istm., H. &D.
do
Istm., C.& M..
do
iBt m., conBOl..
do
do
do
2d m.
Chic. & N. WcBtcrn sink, fund
int. bonds,
do
do
consol.bds
do
do
cxt'n bds..
do
do
1st mort...
do
do
Cp.gld.bdB.
do
do
reg. do
do
do
lowaMldland, Ist mort. 88...
Galena & Chicago Extended.

KentQckyes
Louisiana 68

do
do
do

W r*

m. et.L.dlT..

lit

.

•k^"coupon, 1877...
do

do
do

—

T'

Wib.,

m

Conopctlcut «8

Illinois 68,

SOH

*

2d mort., 1896.
Toledo, in ni., '*>..
lllluol" * Ho. Iowa, Ist mon
Lafayette lil'n k MU-., at m
Han. & Cent. Mlstoiirl, .Bt n.
I'ekin LIne'ln* llee'i'r.lttm
do consot. m. 78
do
Chicago, Rk. Island t: Paeinc. iiw** lidJt Boston & N. Y. Air Line, iBt in 9WJ4 108
(In. Lafayette & Chle., Int
B. F. Inc. 68. '16 98
do
Del. ft Hudson Canal, lit ui.,'9 116
Central ofN. J., Ist in., new.;.
1''84
1(»
do
do
iBtconsol
do
do
187
104
ao
do
con. eonv.'. .. 103
do
do
do coup. ;§, '.t*i
do
Lehigh * WIBtes B.con.guar 94«
reg. 1, 1894
do
do
Am. I)ock & Improve, bonds 100
114
Long Island lilt., lit mort. .. loix
...
Bf ^I'.l),
fl IJ,.
Pt
in. or,x
*
Ch. Mil. & St. P.
South Side, L. I., iBt in. bond*.
m. 7 310, do 97H 98
do

94
.........
Georgians
7b, new bonds.... 107
do
'8, endorsed. ... 104^
do
bonds...
108
gold
78,
do
In'llanaSs

Ut m.

e>,

Tol.

Chicago, iBt mort.
92
Loulnlana & Mo., iBt m., guar
(it. Louis Jack.& ChlclBtra. lOlX
117
115
Chic. llur. &Q. bp. c. Htm.

do

...

78 L. i;.r. ».

&

Ohio

JolM &

Ft.S. |8»

MeniphlR

&

nooaiTiM.

tocnnst.

Ask.

ao
38

ex coup
Chicago & Alton sinking fund,
118
iBtmort....
do

do
8», M.&E. UR..
do
ge, Ala. & Ch.R.
do
8b of larj
do
88 of 1693
do
ArkausB«
68, funded
78,
78,

.

do

8«!!P89
88,1888

(la

4 Erie, guar
C. Raiilds t Minn., l«t 78,g

Boston Hartf

Bonds.

SCate
Alabama

Bid.

•XCDIIITIIS.

Bid. Aak.

BECURimW.

YORK.

Price* r»pr6$tnt tlu per ettU value, \ahaU90r tJu par

on a ^emou* page.

active Railroad Btoelct are quoted

Bimdt mnd

U. S.

ft

Ist

Poto. 68
do conv. 78
consol. 68...

Southwest RR., Ga., 1st m
S. Carolina RR. 1st m. .a, new.
68
do
7b
do
stock
do
Weat Alabama Sa.jtuar

PAST DDE OCJOPONS.

TennesstM? state coupona
South Carolina consol
Virginia coupons
consol. coup
do

MemphU CIty.Coupona

80
90
98
88
88
96
88
80
81

6S
90
100
100

74
100

oe
ss

65
8
96
46

80

N

.

5546
4
S

!

46S

.

(THE CHRONICLE.

NEW YORK LOCAL
Bank Stock
CoaiPANlXS.

Marked

thiii

(>)

100
100
100

American £xcbaiige

Bowery
Broadway

a

Bill's lleail'

Droyera

CUatham
Cbemlcal
Citlsena*

City

Commerce
Commercial
0)atlncniHl
Corn Exctianue*

.].& J.
.!.& J.

.May
Jan.
Jan.

100
100
30
50

German American'..
German Exchanije*...

1011

100,1

600,000
'000,000
'210,000

200,000
200,000
100.000
800,000
000.000
92,700

2.i

Grocers'

•«;

100
100
100

& Traders'.

30
50

Islam

Its'
Iiea li r .Vianufactrs..
IjOaiiers'*

100

Manhattan'
Mannt. & Merchants'
Marine
Market
Mechanics
Mech. BkK Asso'tlonV.
Mechanics & Traders..
Mercantile
"

lOO
50
6}
105

W

25
50
25
100
50

Jlerchants

Merchants' Ex
Metropolis'
MetrDpolltan

50
100
100
100
100
100
100
100
100
100
100
50
25

Hill'

Nassau'

New york
New Tork Co«nty....!

N T.Nat. Exchange..
N.r. Gold Exchange"
Ninth
f
North America*..
North Hlvei'

"

Oriental"

FaclflC

50

Park

100

Peoples*

25
10

Phenlx
Produce'

100
100

!'

Republic
Bt. Nicholas

:oo
100
100
100
100
100
100
100
40
50
100

Seventh Ward

Second
Shoe and Leather.
Sixth
State of N.Tork(newi
Tenth
Third
Tradesmen's
Union

WestSHe*

J.

1

.50i),iX)0

I

;8i

KIH

io:x

500.000
10J,0(0
600.000
600,000
2.050,000
300,000
400,000
I,IX)0,OOC

2,000,000
500,000
600,000
1,000,000
s.coo.oco
1,000.000
500,000
4.ooo,oai
2'J0,000
1,000,(100

8,000,000
200,000
500,000
500,000
1.500,0f<)

1,000,000
400,000
300,000
423.700
2,000,000
412.500
1,800,000
250,000
2,000,000
1.000,000
300,000
300,000
1,000,000
200.000

900,0^0
S00,0(iO
1,'!00,000

1,000,000
1,500,000

200,000

l,-;6,

Jan.
Jan.

Q-J.

K
11

:l,

76

..8

& J.
F.&A.

J.

F.&A
J.&J

J.&J.
J.&J.
J.&J.
M.&N.
M.&N.
M-.&N.

J.&J.
J.&J.
J.&J.
J.&J.
A.&O.
M.&N.
J.&J.
J.&J.
J.&J.
J.&J.
J.&J.
J.&J.
J.&J.
J.&J.
(i— F.

J.&J.
J.&J.
J &J.

fV&a.
F.&A.
J.&J.
J.&J.
J.&J.
J.&J.
M.&N.
J.&J.
J.&J.
J.&J.
M.&N.
J.&J.

R

Feb. 1,

R
7
10
20

75...
'76...

May

ia"

a.ii'3!'76".!!6

an

Feb.l2.'74.3H

Feb.

10
'.0

Jan.

3, '76...

May
May

!,*76 ..S

4

IK

Ian
Jan.

10

147

55X

8

3,

Jersey City & Hoboken ....!!! 1 !!
Manhattan
Metropolitan
!.".'!!!.
do
certiflcates
do
b nJs
Mutual, N,T
!!,,.
]','.'.'..
Nassau, Brooklyn
„<^<'

scrip

New York
People's
no

'!!'

<Brooklyn).;.'..'..'!.'i!;..

do
bouds
Westchester County ...

"

Certiflcates

Bonds

."

Williamsburg
do
scrip.
Bleecker AY.<t *'«««n>'ej7V—stock
1st mortgage
Broadicay dt Seventh. Ave— sioii
'..

Ist

mortgage

Brookl'jn 0(ly— slock
1st

.

mortgage

Broadioaij (llroolli/n)—stock.'
Brooklijn A If iinter's Pt—atock.
lat mortgage bond*..
Venti-fil Pi, ^r. ifc Ji. TUmr—aioci
l8t mortgage, consollditcd
..
Christopher <flentu .s<r«e(— stock
Vineu Island J: BrooVn— 1st mort
J>ry Dock, B D. d Battery— stock
Ist mortgage, cons'd
*
Eighth 4 eent<«—stock
.

.

1st

i

mortgage

«2d St. A Grand SI /«rrj(—stock.
1st morttrage
Centra! Crom 'Joion- stock. ..',.

mortgage
Alnth Avenue— stock
Istmortgage
Second A ven u<!— stock
Ist mortgage
2d mortgage
8d mortgage
Cons. Convertll>l»
Stxth Anenae- stock
1st mortgage
Th'rd Avt.nae—stack
Ist mortgage
1st

T'rentj/-ihird

**

3,"76.3><

Tluii coiutnu

900,000
694,000
2,100,000
1,500,000
2,000,000
300,000
200,000
400,000
300,000
1,8(0,000
1,200.000
650.009
807,000
1,200.000
900.000
1,000,000
203,000
748,000
236,000
560,000
200,000
207,000
1.199,500

',

'

'.'.

..

350,1X10

200,000
150,000
617,«X)
750,000
415,000

Paciflc

Park

.,

2 000,000
600,000
250,000

8,I00,.100

23
Ml

150,000
600,000
200,0a)
200.000
200,010
150,000
280,000
150,000
200,000
150,000
200,000
300,000
200.000
250,000
200,000
150,000
300,000
200,000
300,000
200,000
200,000
200,000

6(1

W80
20
40

bU
2b

.Ian. 1, '76.. .4
Xov.10,'75.. 4

;i6M

3, '76-.

May
IJao.

4
3,'76...5
1,'76..5'
1,"76..4|

Q-F.
Q-J.

I-.

Jan.,
Apr.,
Feb.,
Jan.,

A.&O.
F.&A.
J.&J.
J.&J.
M.&S.

m
.,

50

Produce Exchange

ll'l!

Kidgewood

10:1

2I».(!(«

100

200,000
200,000
200,000
200,000
200,000
200,000
2(0.000

100

Star
Sterling

100
100

25
25
50

25
25
25

"Westchester

10

WHliamsbnrgClty.

50

•

"76.

200,000
200,000
600.000
350,000
200,000
200,(00
150,000
150,000
1,000,000
•<'00,l 00
200,000
800,000

Republic
Resolute
Rutgers'
Saleguard
St. Nicholas
Standard

103

't*!

.210,000

50
100

Stuyvesant
Tradesmen's
United States

*76

•Ian.,

2(1

Belief

Jan.2'7J.2>ig

Jan.
Jan.

60
bO

10(1

Peter Cooper.
People's
Pheiilx (B'klvn)

'76...7
3,'76...6

Jan., '76 .7
Jan., '76. .6
Jan., 76.10

m

141,633
S0,)S5
13:,8ia
146,060

20(1,000

150,000
250,000
8'0,(»0
i50,000

ISSX

[!&•

J.an., '76.7X
Jan. '76..
Jan., •76
Jan., '76..
K.b. "76..

116,(130

83,563
IH,0-.>9

21,326
509,705
616,1(0
153,09J
823,791

Jsn., 76. .5

lis

,Jan., '76. ir

155

Jan..''76. .10

I4S

Jaj., 76.10

320

Jan.,

76'.. 5

ioo"

Jan,,* 76. .10
Jan . '76. 6

392, i39
9 ',433
891,723
46,530
198,571

170
120

Jan., "76..
Jan., •76..
Jan., '76. .5

102,'2(8

40,992
137,049
213,712
71, '.21

1-5,314
117,509
86,973
186,673

Jan.,^ 76...

123

Jan., '76..
Jan., ';6,.6
Mch., '76..
Jan., '76.11
Jan., '76. .6
Jan., 76.11'
Jan., '76..
Jan., '75. .5

1-23

Jan

103,^2)iS

,

l«6'

190
I3J
170
110

IK

'76.10

Jan., '76. .5
Jan., '76..
Jan., '76
Jan., '76. -2(1
Jan., '76,10
Jan., '76..
Jan., '76.10
Jan., '75..

135,024
252,435
S^20,S99

171,897
65,608
181,276
25,865
132,077
275,859
118,162
333,082
214,010
36,336
457,298

I.»n., •76.10
•76.15

Jan.,
Jan.,

'76..

im

'an., '76.10

137,1134

Feb., '76.10

175

Jan., •76. .5
Jan., •76. .5
Apr., 76. .6

in

jHn

396,633
176,229
223,587
141,010
783,0f9

,

Jan,,
Jan.,

'76.1'.l

140
255

'76.1(1
'76.1(1

203
166
140
lOU

Jan., 76.10
Jan., •7^.111

21, -,04

'an.. •76..

7(,823
85,943
83,650
23,975

Jan.,
Jan.,
Jan.,

95
95

'76.

6
'76..
•76. .6

Ian., •76 .5

22%958

Feb., '76.13

136.316
49,946
15;,731
125,241
94 ,153
176,0:5
189,S7S
261,311
IS0,lR6
S74,;06

Jai.,' 76.7V.
-eb., '76..
Jan.,' 76.5.6
Jan.,' 76.7M.

iw
i-jo"

Feb , 76..
Jan,, "76.10
Jan., '76.r
Jan '76..
Feb, •76
,

Jan..

Over all liabilities, Including re-lnsarance,

capital

and proat

*76.

May,
May,

•76.10

scrip.

C:ty Secnrltles.

'76.
*76.

[Quotations by Daniel A. Mokan, Broker, 40 Wall Street,]

S

J.&J.
Apr..

&

J.

'76

109

"ik"
Jan.,
Jan.,

76

& J.
J.&J.
J.&D.
Q—F.
M.&N.
J.&J.
J.

135
100

I

1880

Jan.,

76

1884

May,

1872

Jan., 76

J.&J,

0,:t.,"75
1838

75

J.&D.

189S

J.'&'j'.'

Q-F.

J.& J.
J.&J.
M.&N.
A.&O.

'76

Jan., '76

& J.
Q.-F.
J. 4D.
F.&A.

(J-F.

J.&J.
J

ft

J.

M.«N.

muwi iMt dlwaand un tioctt. hUq <ut« nf

do
do

May &

do
do
November.

Improvement stock.... 1869
do
(.0
....1869,

do
do
do

var.
var.
var.

..185S.fl7.

x7n

1877
1876
1885
1888

lOO

100
95
88
240
100

•76

1890
'76

140
toi

1K90

Jac-je
n.»^.r^.y of

May & November.
May Aug.&Nov.

Feb.,

1^75,

do
long
do
1869-71
Sewerage bonds
1866-69.
Assessment bonds... 187(i-71.
Improvement bonds
Bergen bonds
1868-69.

Apr.,";6

May,

do
do
do
do

Feb. .May, Aue.&

"Water loan

May,

do
do
do
do

Way &

Nov

Kovc^n"ier.

do
do
do
do

dc

do
do

do

1888
1879-82
1S9«
1891

do

Jw^ niH

Brooiiyn-[QuotatlonB by N.
Local ImprovementCity bonds

do
Park bonds
"Water loan bonds
Bridfrebonds
"Waaler loan
City Donas
Kings Co. t>ond8

do
do
•All Brooklyn bonds
.

January

July.

January & July.
do
do
Jan., May, July & Nov

January andjuly.

Bmes, Jr.,
January
do
do
do
do
OO
do

Mav &
40

flat.

&

Broker,

&

1877-80
1877-79
1S90
1S83-90
1884-1911
1884-1900
1907-11
1877-98
1877-95
1901
1905
1878
1894-97
1876
1889
1879-90
1901

Jersey/ Vtty:

J.

A.&O.
M.&N.
M.&N.
J.&J.

May Aug.* Not.

Feb.,

Floating debt stock
I860,
Market stock
1865-68
Soldlera'aid fund
1863

Consolidated bonds
Street imp. stock'
do
do
New Consolidated^
"Westchester County

1877

May,

York:
Water stock
1811-63,
do
1S51-57.
Croton waterstock.. 1815-51
do
do
..1852-60,
Croton Aqueduct stock. 1865
do
pipes and mains
resen'oir bonds
do
Central Park bonds. .1853-57
do
do
..1853-65,
Dock bonds
ISTO

do

"76

lot
150

J.&D

Bid.

Ask.

r9

ion

New

•VlApi-.V
7

Price

Months Payable.

'76.

J.

J.&J.
J.&J.

Interest.

Jan. ,"76

M.&N,
M.&M.
J. * J.
F.&A.

2>5

July,

do
do
do
do
do
do
NoTemi>er.
do

1877
1=95
1S99-1902
1376-79
1876-91
1905
1576-1900

Wall

101

iiri

96

97
105
109
118
109
97

l('2i<
11

2W

1:2

108
96
1IKI

1(18

118
1(8

119
119

101s

I(r2

117

113

•MM
104
105
114

102 H

114W
118
106

97
96

99
97

107 H
1110

1(18

101

KHI
107

105
117
116
105
198
114
lOJ

1(17

H

1(S«

102

108)4

101

104

Bt,]

1876-80
1881-93
1913-21
1908
1915
1902-l!in3

1881-93
1880-83
1380

i

ISO

';6,

',

2,000,1100

bO

60
25
25

North Elver

Jan.3.

Jai.

(B'klyn).

171

1,632

100

.',

Niatrara

797,3.'0
'

Sweet—sloes. ..'..'.

Istmortgage

1000,000

...

'76.15

'76.16

65,629
114,867

10(1

1711

'76. :o
'76..
'76..
76.5.6('

'.•00,000

National
iiM
N. T. Equitable....
New rork Fire ... 100
100
N. y. & Sonkers.

Feb. 8. "75. 4
Feb. 14 •76. .4
Jan. 3. '76. ..8

&

.

Nassau (B'klyn)...

Julyl3,'74.3X

M.

Hope

Howard

Moutauk

dividend.

Harlem

Home

Jan.
Jan.
Jan.

Apr.

1(0
lOO

200,000
150,000
600,000
200,000

22}

'76.10
'76.. 10

Jan.'

200,000
2((l.0O0

Jan.
Jan.

5.0,0.59

oO
2b

Mechanlc8'(Bklyn)
Mercantile
Merchants'
Metropolitan

Last
2,000,000
1.200,000
320.000
1,850,000
386,000
4,000,(W)
2,:00,000
1.000,000
500,000
5 000,000
1,000.000
710,000
4,000,000
1,000,000
625,000
4S6.000
53.000
21.i«0
1,000,000

1,0(0,000
600,000

Iulyl,'75...7

I.

Cltlzens'Gas Co (Bklyu
do
certiilcatcs

201,000
150,000
130,000
200,000

2b
bO
50
50

[Quotations by Charles Otis, Broker, 47 Exchange Plac
e.)

Brooklyn Gas Light Co

200,1100

10
10

100
100

Jan

s

b(l

Feb., '76.11

Keb., 7d.l(

lOU

iOIJ

'78..

Jan..

Emporium

300,000
200,000
200,0(0
200,010

BS
80

'76. .6

192,247
S9,;64
3.1,880

160
112

•76,

2I7..I49

169,315
600,222

Mech.&Trad'rs'....

120^

<6,14l
801,595
239,167
316,880

200,000

Manuf&Bullders^.
Manhattan

3, '76...

4'ffl,«:2

2('0.(XI0

Lorillard

Ian. 3,'76...5

3(X),000

200,0(0
200,000
153,000
800,000
210,000
250,000
800,000

1,0(X1,000

Longl8land(Bkly.J

May

If3,tl5

5(1

Lenox

'76.3>,
'73...

200,000

100

.Jati. 3, '76.. .5

Jan.

1^

100

{2,.'.a;)

Commercial

Lamar..

93

•76.3X

Jftn.3."7'>...6
1,"76...8

10
10

Fire..

3j,6;6
S'.ll,6',8

Continental
Kagle
Empire City

Jefferson
Kings Co. (B'klyn)
Knickerbocker...
Lafayette (B'klyn)

Jan.3. "76.. 3
Jan. 3. '76 8K
Julyl,'74.3K

12
12
S
8

.so

May

May,

7
12
12
12
10
7

.()

Irving....

8,

7X Jan.3,
8
8

I'l

;oo

Importers'A Trad..

"76...
>ct. 1,':5. .4
10,-,6 SX

8
10
114

25
20

Hanover
Hoffman

1.';6..5

,\lay 1, ".6..
Jan. 3, '76 ..4
.Ian. 3,'76...4

B
10
8
8
10
13

I'JO

Hamilton

10,'76..5

Ja:i.3, '76...5
;an. 3, '76...

7X

'76..!

(guardian

July!. '75.. 3)4

10
9
8

'7.5.15

Ian

.

Globe
Greenwich
Guaranty

Jan. 3, '76.. .8
Mch.l,'75..4
Jan. 1, '76...7
Jan. 8, '76.. .5

U

Jan.
Jan.
Jan.
Dec.

Gebhard
German-American
Germanla

.ianls,''76...4

10

1.1,96!)

Kxctiange
Farragut
Firemen's
Klremeu's Fund
Firemen's Trust...

'71.. .8

5, "76...
Miiy, 8,'76...7
Dec. 1, '75. .60

10
s
R
14
10

:3,KS

20»-.00(1

.'

.May l,'76.,-5
Apl. I, ',6..

•J.-'.

Jan., '76..

3(41.000

20
50
25

commerce

S, '76. ..4

July 1,
Jan 3,

14

6S,0ia

101

Arctic
Atlantic

Bid. Atkd

Jan. .'76. .5
Jan'
Jan. '76.3

200.000
200,000
400.000
200,000

61

Columbia

Julyl,'75.2>«

Prick.

Last Paid,

100

Clinton

Gaa and City R.R. Stocks and Bonds.
Gas Compakiks.

1872 1S7S 1871 1875

lOJ

Citizens'
City

Feb.

«-J.

J.& J.
M.&N.
A.& 0.
F.&A.
M.&N.
M.&N.
M.&N.
M.&N.
J.&J.
J.& J.
M.&S.
J.&J.
J.&J,

1,

lEtna

Bowery

Julyl,'74...4
Jan. 10,'7«.2>..

J.&.I.

2-1

UlVIDKNDS.

PLL'B,

American
American Excb'e,
Amity

Brewers' & M'lst'rt
Broa'lway
Brooklyn

3^

00

5.000,000
600.000
1
1

100
25

Central"

Hanover
Harlem'

Jar.. 10, 76

600.001)

100

Bermania'
Greenwich"

J.&

J. &.).
J.& J.

Bailkt, broker, 63 Wall street.)

NKTttUR

Par Amount. Jan.
Adriatic

•;«.

.Mch.l, '76.1.^
Jan. 3. -76.. .4
Mi.yl.'76...5

F.&A.
J.& J.

850,000
200,000
150,000

•'an.S.

2

109>i

•71..60

moe
J.& J.

L'v.

j.'&'i!

a

Gallatin

J.&J.
J.& J.
J.& J.

1. "00,000

•«

l,'7H.3>f
3, '76. .6
;j,

Si'pt. (,'75..5
Jan. 3, '76.. .5
Jan. a,'76...4

S.

1,000 000
loo.ooo

100
lUO

Fourth
Fulton

M. A

1,500,0011

Fifth
Fifth Avouue'...
First

Murray

.lan.3.'7«...6

M.&N.

100

100
100

Importers'
Irvipf

J.&.I.

i.oi:o,o(«

Askd

Bid.

s.

1376."

2iOOO«

iijo

Currency
Dry Goods'
East Kiver
Eleventh Ward'

Last Paid.

1R7!

1S74

3,000.000
5.000,000

10
200,000
2a
soo.oco
lUO 2,000,000
26
450,(<Xl
100
300,1111(1
25
100 1,000.000
100 lO.OOO.WKl
110,000

Central

Grand

Dividends.
Capital.

America'

jb

Insurance Stock List.
(Quotations by E.

Par Amount. Periods.

13, 1876.

SECURITIES.

arp

notNattoual,

Batchers

[May

I.tat.

Capital.

5
6t85
5
6

. ,

107

112

I16S

im

116
114
;(6

120
117
111

1114

I'.lJ

1(17

HI

108

U«

,

—

May

:

THE CHRONIGLR

13, 1876.]

3mJC0tmcnt0
AND CORPORATION FINANCES.

Supplement" Is published on the last Saturday
of each month, and furnished to all regular subscribers of the
CnRONlCLE. No single copies o( the Supplement are sold at the

number

as only a sufficient

office,

Bubscribers.
"

is

printed to supply regular

REPORTS.

aao

The Junction Urancli, which gives the road for the firtt tioM
a direct connection with the Savannah & Charleston road, and
opens to the trains of that road an entrance into Savannah,
begun in October and opened for the passage of trains Dec. 1.
Excluding the ordinary current balancM, the capital accotut
at the close of the last two fiscal years was as follows

wu

1875.

Stock
South Ge»r£la

In the reported operations of railroads in the last two or three
years, especially nt the South and West, there is one feature very
common to all: reduced business by the poverty of the people, or
reduced receipts from a ruinous competition. The net profits of
railroad property are not uufrequently affected by a combination
of both these causes.
The Board has no wish to speak despondingly, or to discourage
stockholders with a gloomy prospect in the future, but it cannot
be ignored, and need not be denied, tha', the present and early
future of the railroad interest, especially South and West, is very
discouraging.
This is everywhere seen and everywhere felt and
as it is occasioned by one general cause, and extends to all industrial
interests, the truth of the sentiments expressed in a late report of
one of our neighboring institutions will be generally acknowledged "It has been a year of unusual hardship upon the railroad interests of the country ever responding'.in quick sympathy
to unfavorable conditions of other industries."
It will be recollected that it has been the policy of the company,
since the war, to charge all expenditures for, and on account
of, the road, ani
especially expenditures for restoration of
property, to profit and loss, so that nothing should appear as an
asset which could not be separated from the road and outfit, and
made available for payment of debts or dividends.
The Superintendent's report says:
;

:

—

The earnings have been:
*
8215,119
910,911
8t<,a9a—$1,194,354

Frompasjaie
Fromfreiijbt
From mail

The expenses

of conducting the business

For conducting transportation
For motive power
For maintcnaace of way'
For maintenance of cars

have been

:

$16^014
'.

..

228,714
197,013

52,931— $611,fi77

Net

$552,016

The expenses are 53f per ceat of the gross earnings.
The future prospects of your road are not gloomy, and with
<!lose and economical management we can see nothing that will
prevent the company hereafter from continuing to pay their
regular divideiids to

its

stockholders.

nSANCIAL CONDITION OF THE OEOKOIA BAILBOAD AND BANKING C03IPANT
MABCU 31, 1876.

l)ondJ

Sonlh Osorpl I A Florida bonda
Bllnbridgc Kxtenslon, free bond!
Junction Brunch bonds

Coupounotes
Total bonda and notea
bills, used OS currency

Total floating debt
Total

The earnings

$90,842
33,557-

Ecaleetate

Banking honseaud lot.....
llateiial on hand for road

iai,-399
3.5,00*

59,063

Road expenses

$743,143

on bonds

89,069
16,304
4,937

incidental expenses and salaries
Attorneys' fees and costs

Taxes
£tocks

2,146-

&

18,C00 shares Nashville Chattanooga
St. Louis
l,4S9?e shares
to-; Railroad
4,C0J shares Atlanta
West Point Railroad

Railway

&

shares Macon & Augusta Railroad
4i0 shares N. y. & S. 0. ISteamships

805,592

$65,000
10 i,IIOO
400.000
10,000

2,0fi0

2O,CO0— 595,000

iBsuds—
15 Macon & Brunswick Railroad
70 Western of Alabama Railroad
-SEastTenn. & Georgia RR. (I of $l,0C0and4of
lOCitycf Athen.", $lUOeach...
9City of Macon
66 Baldwin Countv...
Western Railroad of Alabama, half interest
Bills receivable

$10J)..

$12,750
6:, 100
910
1,000
9.000

3J,O0O— 117,760
3W,123
23,173

,

Macon & Augasta Railroad
Port Royal Railroad
Western Railroad of Alabama, coupon aceount
Lets paid by Western Railroad of Alabama
Assessment on stock
Cash..

$195,8f>9

S8

417—

291,287

6t,0t0

60,000—

14,010

217
69,683

$6,650,536
Vr.

Capital stock

$4, ,200,000

326,105

loss

Income of road

$1,306,250
48,'42
85,757

Sividend on stocks
Interest

Total earnings

Working expenses.

Neteamlnga

54t,50O
37,840
2.071
71,0C0

Due

to other corporations, etc
Completion of Macon Jk Augasta Railroad
Bank notes of this company
Transportation office change bills

8M79,»i76

$4,4W,«7«

2,?0).000

l,MO,W)

«M,000

eM,Om

53,510
45,000
S0O,CO0

800,000

78t,47S

B2,90Q

$3,5tVr3a
70,800

175,64

$264,9;8

$258,061

$8,306,155

$8,S£8,«0

1875.
$682,7.13

$->S33aS

1874.

209,501
88,264
85,897

198.601

$96.5.869

$l,03a,«S

i8,9W
QI,aU

6<)S,911

733,tB

$3S«,'>23
CO 15

$297,027

1123
Of the freight earnings, 73 per cent was from local business, 14
per cent from Florida through and the rest from other through
business. Of passenger earnings, 58 per cent was from local, 81
per cent from Florida and 11 per cent from other through travel.
The Florida business increases steadily in importance, and more
than balances the loss by the diversion of the Chattahoochee Kiver
trade to Eufaula and Columbus. The decrease in freight earnings
was caused by short cotton and other crops, but was nearly mada
up by increase in naval stores and by fruit and vegistable afcipments. The latter business promises well, and pains are being
taken to foster it by giving every possible advantage in rates and
accommodations.
Expenditures for improvements and additions to property were
$11,457 31. The cost of the Junction branch was $38,783 05.
abaut $9,500 per mile.
The decrease in incidental earnings results from the fact that
there was injluded under that head, in 1874, $49,208 21, recovered
from the Central Railroad of Georgia for rails seized by the Confederate Government during the war and converted to the tiae of

Per cent of expenses

that road.
All payments necessary to maintain the credit of the company
Considering the general depression,
have been promptly met.
the results of the year have not been unfavorable, and an improvement is confidently expected during the current year.

& Hndson Canal Company.

year ending December 81, 1875.)
The very brief annual report of this company, j ust issued, has
the following
The coal tonnage of the year was increased beyond expectation,
(For

the

owing to strikes in tlie Schuylkill arid Lehigh regions. The
New York and Canada Railroad was opened for through business
December 1st, by using twelve miles of the Ogdensburg Road,
between Moore's Junction and Rouse's Point. The line from
Chazy to Rouse's Point, twelve miles in length, is being constructed and will be opened for business by July of the present

road. The new office buikling, corner Cort3 ear, completing the
landt and Church streets. New York, was completed and occupied
about the middle of January of the present year.
The prospects for the year upon which we have entered are
not flattering for the coal trade, upon which the prosperity of the
company largely depends, and so long as the iron and other
manufacturing industries of the country continue in their present
depressed condition, but little improvement can be expected.
The managers, therefore, deem it but justice to the stockholders
reduction in
to expressrin advance, their belief that a temporary
ilividends may be prudent, and for the best interests of the stock-

holders.

STATEMENT OT THE BUSIKKSS OF THE DELAWARE AND HnOSON CANAL COKPANT FOR THE YEAR ENDING DECEHBIK 31BT, 1875.
Cr.
' '12"^
To coal on hand December 31»t, 1874

To coal purchased
Tomining coal
To railroad transportation and repairs
To freight of coal on canal, acd eipensea
To Rondout expenses
To
To

»»— J, 391,014

Rent
Bonds of this company
Unpaid dividends

t3,»Wl.«»

of the year were as follows:

Freleht
Passage
Mails
IncldenUls...

Delaware
$4,156,000

19-.4.

$8,698,700
185,9r«

$3,561,500
80,000
1S4,978

Duo

Blllspayable

Dr.
Tlie road and its outfit
Real estate for road

R

Florida guaranteed stock

ifc

Total stock

Company's

:

and

4

Total

(ieorgla Ilailroad.

Profit

;.,;,"••
4S

:

ANNUAL

(For the year ending March 31, 1876.)
The President's annual report has the lollowing

Interest

•

,»,,,

Albany DlTlslon- Thomasvlile to Albany
Florida Division— Dnpont, 0«, to Live Oak, Fl«
Jnncliou Branch- Savannah & Charlealon cooueetion

" Investora'

The

Mttar.
tSI

Main Line— Savannah, Oi., eait by tonth toBilnbrldg*
River Eilen»ion—To wharves on aavannah River

AND

STATE, CI TY

469

To
To

freight paid other lines
har!)or and yard expenses
salaries, rent, law exi>ense»

?Si?S
HJqIJS
.

••
•••

2«,'i^
''SivSJ
,

Sn??!

.•Wr'v'Vm.;.
and current expenses at N. Y. omce

^'irl
i^wir
"4'g^

S«IM

taxes

?Si;rs^:;;;:::;;:::::;;::::::::;::::::::::::;::"::"""-"""J:^
$13,0C8,t»t

$77,213
,

460—

77,673

$6,(50,536

Atlantic & Gulf.
(For the year erring December 31, 1875.)
This company owns and works tUe following lines

By

sales of coal to

Bycanal

December 31et,

18'5.

"**M^

tolls

By miscellaneous preflts
By coal on hand Dec. Slst.
Kondout, and

New York.

-..
iV_".;"«Vii;n.V
Honesdale, on line of Uanal,
.-••

18:5, at
.

«"

in6Sl

_._.
'''•""
$13,0C8.4»t

:

THE CHRONICLE

470
COttVTStZD BALANCZ tHBBT. DELAWAItS

DBCBHBEB

i>r.

Conor

31*T,

AND HUDSON CANAL OOltFANT
IS'lS.

canal

f«,339,

Ckwt sr railroad and eqaipmeat
Cost of real estate
Cott of opening mines and ImproTements
Oostof mine fixtures and eqnlpments

6,1P1,
8 2)3,
2,21';

Coetof boats and bareea
Cost of coal yards ann flxturef, tools. Implements,
Cost of Lackawanna ijb Sneqaebanaali Rt<
Cost of telojjraph lines
Supplies on baud at machine shop, &c
Coal on hand

33,
S61,
809,
],02J,

ibc

14,
1,4'! J,

mortgage bonds, and a dividend will be paid to the holders
lends on the first day of July next, which may reasonably
be estimated as a half coupon, or 2i per cent on the first mortgage
bonded indebtedness of the company.
Sales of land during the year 1875, and total sales to January
1, 1876, have been as follows
of said

™
Total

,
.
..
sales of Ifnds. as per report of 1874
Less cancelled in 1875
,

.

137,888,593
Cr.

Capital stock

t20,000,roo

Funded debt

15,11B,000
227,795

binkingfand

^

2 544797
$37,888,593

No. of

Average

Acres.

Price.
«> 66
8 35

SJ 385

343,806

*5 06

*1 ,737,997

280
27,036

3 90
7 74

1,094
209,470

420,783
77,429

»,8'loi

1,218,

13. 1876.

first

IST,

Viscellaneons assets
Casli assets, notes receinble, &c., dedactiag liabUitieg

i*r«litand loss

[May

„ ,
Sales of TJ. S. granted lands, 1875
Sales of nentral lands, 1875

Amonnt
of sales
811
647'-,83

isM

Total to Jan.

1, 1876
370,628
TOTAli CAtH RECEIPTS -AMD DlBBUItSEllBNTS TO JAN.
Total receipts for account of land account
Amonnt paid in on rax account
Profit on county orders

1

$1,918,41

1, 1876,

J75S *
.'.'.'.'.

7*846
3'l34

;;.","

Royalty account

'53

.'....".'.'.

ANTHRACITE COAL TRADE OP THE UNITED STATES.

The folloT?iDg table exhibits the quantity of anthracite coal
Bent to market from the different regions in Pennsylvania from
Ite year 1820 to 1875, inclusive
SchnylDel.&Hid.
Other
Agere:

Tears.

kill.

Lehsgb. L'itwanna. Pitteton. Scranton* Eegions.

mi..

1,073
2,240

]8»..
1823..
1824..
38SS..

3827.

1830..
3831..
1832..
1883,.
:834..
1685..
1836..
1837..
1888..
1889..
1840..
1841..
3842..
1843..
1844,.
1645..
1846..
1847..
1848..
3849.
1860.
1861..
186S..
3853.
3854.
3855.
1856..
1857..
1868..
3869..
I860..
1861..
1862..

1863..
1864..
1865..
1866..
1867..
1868.,
1869..
1870..
1871..
1872..
1873..
1874..
1875.,
'

840,892
677,895
839,934
1,033,796
1,237,002
1,583,374
1,652,835
1,605,126
l,712,D--.7

2.134,240
2.452.026
2.470,943
2,395,208
3,430.7C8
3,858,356
2,985,541
2,866,449
3,004,953
3.292,828
2,644,402
2.890,681
3,433,265
3,642,218
3,735,802
4,633.487
4,334,820
4,414,356
4,748,969
8,7^0,403
5,124,780
6,207,451
5,209.156
4,942.035
4,784,601

9,641
28,393
81,280.

82,074
25,1 :o

41,750
40,966
70,000
123.000
106,244

7,000
43,000
54,000
84,tOO
111,777
43.7C0

181, 2E0

iiO.OOO

148,211

103,861
115,387
78,807
122,300
148,470
192,870
205,253

2i3.()02

213.615
241,085
225,318
143,037
272.646
267,7«3
377.002
4i9,453
623,008
643,973
t80,746
801.246
722,622
989.296
1,114,026

1,929,!523

2,990,878
2,84!),35B

3.013 086
3.38J,197
3,837,093
3,302,0)2

11,9£0
15,605
21.463

4.38.406

565,460
499,650
480,677
341,789
691,000
499,563
726,644
644,100
8;8,120
8i8,130
759,699
1,.391,674

1,507,487
1,991,870
1,686,391
2,318,073
2 011,333
2,030,76/
2,752,596
2,339.417
3,053,817

865 414

111,014
316,017
426,164
513,6^9
496,648
504,803
618,600
543.873
630,056

122,773
332,146
530.950
623,146
827,954
667,176
769,001
696,121
963.728
734,445
1,519,538

688,-354

701,583
629,657
603,354
662,904
759,541
577,48J
635.885
861,730
953,855
966,617
l,f86,0J8
8Jl,079
1,063,638
1,889,214
1,338,316
1,363,207

Missouri River Fort Scott

1.108,001
1.863,539
1,631.669
2,023,032
2,343.9«2
2,982,303
3,089,238
3,842,541
3,854.321
4,377,130
4,Mas,6 5
5,114,491

68,000
127,993
188,401
505,075
899,308
256.687
303,786
276,339
415.0J9
439,342
556,018
676,689
767,156
906,233
759,5:6
734,913
931,252
987,687
l,0t,8 661
1,223,629
1,289,765
1,783,681
1,640,055

9,483,396

3,20',(,f21

1.3,418,472

1 7l!*,321

2,161 ,8i(3

1,728,783
1,568,928

2,618,411
3,073,371

12,637.697
14,214,889
13,908,819
15,552,380
16.610,663
90,747,149
21,689,959
19,8j5.074
20,6)3,609

2,3'l8,0i.7

3,flf8,921

1,918,487
2.836,948
3,136,806
2.570,437
2,939,648

3,5(6,629
6,701,719
5.970,490
6.317,776
5,195,291

passengers
miscel.aneons

&

'.

a

12,'l

..

'JS'Il?
4 -qis

OFEBATINO BXPBNSES.

I.

-.v..

Cash
Kansas City

&

Santa Fe R. R.
Bills receivable, Boston
•'

$4,101
',— '-ll

& T.

ZZZi^
«^no»-,.
*^?l'?;5
t6,o4o

13l,'575

267,8
76,092
2,031,401

B

$8,449,127

First mortgage, 30 years 10 per cent

bonds

Se*)nd mortgage, SO years 10 per cent bonds
Coupon notes payable, due Jan. 1, 1876 (issued in half payment of
first mortgage bond coupons due Jan. 1, 1874)
Bills

payable

Traffic contract, &c
r>alance due to oihers, per statement

1:47^480.932
tiee.oio

1,947,000

124225
]oo;553
751,550
486 900

."..;.;;;;

I'hdS

H

.....!!'..'.'

'.

37200

$9,419,121^
St.

Paul

Hi

Sionx City Railroad.

{For the year ending Dee. 31, 1875.)

The

condition of the land grant
Deeded to company by the State
Certified, but not yet

is

reported as follows
38?'
acres
•es. 836
836,38^*

deeded

Dueasiudemnity for land granted topre-emptors
In dispute with Winona & St. Peter Cfompany.abjut

72675
;;.;;

2o'oJO
40;o<llk

;

Total

acres. 969^0

During the year 1875 the sales were 14,073 acres for |93,4i8l
the receipts on land contracts, $103,587. The total sales up td
the close of the year have been 152,070 acres ; cash receiptM
Both sales and collections were retarded by the gras
$735,970.
hopper plague of last year.
The liabilities of the company are as follows
Capital stock
Preferri'd stock

j.^ .iv>

and scrip

;;;

r

2'iik'vi^

24,35W
'......'.'.'."..'.'.;;.'.;.'..;;;;

45'lJ»

I

$47805^,

The assets of the company, exclusive of road and unsold landa.
amount to 1391,438, of which $83,117 are in its own securities!
«31,114 in those of the Sioux Ciiy & St. Paul Company, and
$183,456 in interest-bearing land contracts. The preferred stock!
are a special charge on the land grant and the income derived
therefrom.
The earnings of the road

-jvere

as follows

„
5re'8l>t.

:

1875.
$1:6,9.32

,

Mails, express,

earnings

land expenses...

$5,0(0 Of

;.

First mortgage bond coupons, unpaid
Second mortgage bond coupons, unpaid

Passengers

j'O^
:.;:;:::;":";;;;;;;:;;;:;;;:.;

...;;;.'.'.'.'.'

$136 012

Supplies on hand
Profit and loaf, balance of account per statement

.

-•

"";;'.

Co. bonds, at cost

KansasCity

Total

'.".'.,.'.".'.*....."".'.

^•'«'

31, 1876.

Lands, depot grounds, &c
Neutral lands: cost and management to date

Sulf Railroad*

',

KoT operating
Pot taxes.. .:......... ....v.
For insurance.
For Boston office.!;;'.';

ASSETS AND LIABIUTIES, DEC.

Billsrayable
Current accounts

OEOSS EARSINOS.

ISfet

Acrei
3159

1875

Equipment

9,9,32,007

report for 1875 shows the following

Forcons,ruction,etc

I.AND UNSOLD DBC. 31, 187S.

Construction of road (161 miles)

5,7.'>3,3B9

Fromfreight

From

AKOUNT or

Amonnt of nentral land remaining nnsoid Dec. 31, 1875
Amount ef U. S. granted land remaining unsold Dec. 31,

6,E62,''01

6,761,542
6,480.348
6,491,187
7,517,516
8,131,234
7,474,917
7,481,719
8,704,918

{For the year ending Dec. 31, 1875.)

From

ul^^^

9; 8,^99

67346

987,(;05

261,005
273,435
3S0.00O
38h,2U3
437,500
464,840
432,339
472,478
497.a39
494,327

77,516
112,0f8
174,734
176,820
363.871
487.748
376,638
660,758
682,428
881,473
731.293
819.327

Scranton in tons of 2,000 lbs.

The

ms'tm

322'8.5J

6-3,434

30,8.32

1,080,544
1,246,418
1,884,114
1,361,970
1,318.549
1,380,030
1,628,311
1,881,671
1,738,377
1,851,054
1,894,713
1,928,706
2,040,9!3
2,128,837
2,062,446
2,507.582

jjgj jjg

'

;...

$766,5*7

1,073

2.240
6,823
9,541
34.893
48,047

5.82,1

6,503
16,767
31,360
47,284
79.973
80,984
81.854
S09.871
562,971
936,692
339,608
432,045
533,152
438,675
442,608
452,291
384,692

CONTRA.
Remitted Treasurer
Remitted cashier.
Paid taxes 1870-71-72-73-74, and part of 1876
Balance

gate.
365

865

leao..

»786,t0T

&c

T?'°l
„
Working expenses

Net earnings
Per cent of expenses

!87f.
$382,3.381
13'>.927

jajgaj

....

20.850

23.921

$660,014
884 069

$,145,189

S93,31»

Im.gw

$151,871

68"6
.21
expenses has been secured by running only
Receipts from land department
«M n-n*^'^'''® one exclusively passenger train daily, the other being made a
Receipts from collection of coanty-bond
conpon's.'.'.V.'.'.'.';;.'.'.'.
is,017- 69,088 mixed train.
A decrease in receipts in the early part ot the year
has been more than overcome by the increase of the last three
Total net revenne.
$843,616
months.
ihe gross earnings of the year show a decrease
from those of
The road-bed has been fully kept up, and 703 tons of reroUed^BI
the previous year of $15,55G. This decrease is
due to local causes iron, with
50,000 new ties, have been laid. In the track between
The present year (187C) opens wkh much encouragement
the St. Paul and Mendota 430 tons of
earnings showing an increase of $50,000 for
steel were laid, one-half the
the first Quarter as
expense being paid by the Chicago Milwaukee & St. Paul Com-^^
compared with the corresponding period of last year,
and
the s'ales pany as joint owner.
]^H
ol land, commenciDg with Dec. last, an
increase for the four
A summary of the profit and loss account is as follows
months ending March 31. 1876, of $177,398, as
compared with the
Neteamings
corresponding months of the previous years
$175,9(4 79
* 2.809
\<i^i»
27
"'.°'"' "'''?"'",?^°'''•
^^' 1874, and in conformity Land department
95 tj*^ 35
,Uh
Personal
accounts
revenues of the road, frori
...'.^.^.',.....'.....'..
49
81
Jan 1,
1
rjrt"'^/''^"'','''",*^^?*'
Jan.
are to be placed in the hands of the
1870,
trustees of the
Total.
22,381

Economy

in (rain

^E

,

w"'

.

^B

:

'

Way
Taxes

for 1874

lu*ur»nce
Interest

THE CHRONICLR

13, 1876.]

on

and one-half of ISra

]

:"'w'i
debt

float^nK

Little Rock.— In the United State* Clrenlt Court
Rock, Ark., the cross bills filed by soma ol the atockholders, and by H. L. Brinkley as a creditor aad stoeklinldar,
have been thrown oat. The Court decldad that the firvt mat^
gage was not usurious and that the company wa« legally orgaaA decree of foreclosure of the Brst mortgage wa* granted
Ized.
and a sale ordered.

Memphis &

M

at Little

ftfl

211 "'
07
»>—'".•"'
IM 806 95-S13
1M,,«»

Dlvidendf on preferred stock
Balance

*",«S2
ermiK

471

(61,195
..

n

GENERAI. INVESTMENT NEWS.
sayB: "There
Atlantic & Paciflc.-The St. Louis Republican
office of Greene county,
Lave recently been filed iu lUe recorder's
Atlantic & Pacific Kaildeeds of considerable importance from the

Oliver Ames, George S. Curtis,
road Company, transferring to
Hayes, capitalists of BosJacob Sleeper,' Uriel Crocker and F. B.
in Greene, Dade, Polk, Stone, Mcton 'JO 047 acres of land lying
in this State, and
Donald' Barry, Lawrence and Newton counties,
in the
Benton'county, Arkansas. The consideration mentioned
deed is $308,949 57."

& Texas.—The Union Trust Company, ot
York, gives notice that it will pay |20, gold, on eacli of th«
coupons maturing in January and February, 1876, on Mleeonri
Kansas & Texas first and UdIod Pacific, Southern branch, firatmortgage bonds, to such holders as will sign the agree'neat of
March 1, 1870, present their bonds to be stamped, and deposit tlw
patt-due coupons to be exchanged hereafter for second-mortgmge
income bonds, as provided in that agreement. The adjustment of
the company's affairs by the Union Trust Co. Is regarded aa rarj
Mlssonri Kansas

New

successful.

Fitciibnrg.— It is said that the proposed
consolidation of the Boston Clinton & Fitchburg Railroad and the
\ew Bedford Railroad will go into effect June 10. The stock of
the latter will be put in at 110 and of the former at 75.

New Orleans City Bonds.— In the U. S Circuit Court, Uu>
premium-bond plan was sustained. Judge Woods, in the caaa of
Mortis Ranger vs. the city of New Orleans, reviewed the cooaoll*
dation of the several municipalities of the city and referred to the
charges of the bill that the Issuance of bonds since baa b««K
Bnrllngton & Missouri.— In the U. S. Circuit Court at Omaha, illegal.
The bill complains particularly against the premiumon the Gth inst.. Justice Midler rendered a decision in the case ol bond plan, and asks particularly to restrain the city from carrying
the United States against the Barliu<rton & Missouri Railroad in
the city
Boston Clinton

&

Nebraska, involving the title to l.'JO.OOO acres of land lying on the
north side of the road, confirming the title of the road thereto,
and dismiseing the bill.

Central Pacific— In response to n letter from the Portland
(Oregon) Board of Trade, this company expresses its willini/ness
to build the proposed branch from Winnemucca, Nev., to Portland on the following terras The compiny to be guaranteed 7
per cent, interest on $3,000,000 for thiity years the road to be
exempted Irom taxation until the net earnings exceed the interest
en the cnpital investtd the Legislature to authorize the city of
Portland to subscribe in aid of the road a sum not to exceed
$1,000,000 in 8 per cent, bonds.
The Board of Trade agreed to recommend an agreement with
some modifications from this: the guarantee of interest and the
exemption from taxation to extend not more than twenty years,
and the sum to be raised by Portland to be limit«d to $.500,000.
The liailroad Gazette says: The distance from Winnemucca
to Portland is about 850 miles, and the route is said to be a practicable one, and its construction almost as cheap as would be the
completion of the connection with Oregon by the present Oregon
The extension of that division, through the mountain
Division.
region of Northern California and Southern Oregon, to a connection with the Oregon & California road, presents very great engineering obstacles and would be enormously expensive. Winnemucca is the most northerly point of the Central Pacific In
Nevada, and the line from that point would give Oregon a very
direct Eastern rail connection, and a Galifornian connection sufThe length of road
ficiently direct for all pructlcal purposes.
to be built could be considerably shortened by making a connec.
laon with the Oregon & California road south of Portland.
:

;

bc
The part of the injunction, asking that
into effect.
restrained from receiving scrip, he refused, on the ground AaJ
levied
be
aad
the
tax
shall
all the bondholder can ask is that
The injunction, as to eDJoininf'
collected and his interest paid.
the city from diverting the interest funds was grtnttd, but other*wise it was refused.
Another judge has refused to grant a mandamns to eonapcf'
the city authoritiesjtolpay a judgment obtained on over-due bond*.
it

—

New York & Boston.-The sale of this railroad, under a
of foreclosure, has been adjourned until May 25.

deen*

;

—

State Taxation.— The Chairman of the Committes
3, and the Assembly at one*
pasiied'the tax bill of the session, fixing the total amount of th*
State tax at 3 11-24 mills. This is calculated on the equaliaed
valuation of last year, which raises the amount of the tax t« be
The tax, as finally assessed, Is the smallaat
raised to $8,290,519.
laid in any year since 1859, and is reduced nearly one-half on th»
average of the past year. As assessed, it agrees very cloaely to
the tax proposed by the Governor in his last message, or 3.331
mills.
In making a comparison with past years some allowance
must be mide for the increased valuation, which would raise the
It past experience shows anytax to nearly 3.75 or thereabout.
thing, it is quite possible that this large reduction will leave a
The tax levied this year,
deficit to be made up in future years.
as compared with that of late years, is as follows, the year ia
each ca-'e beginning October 1

New York

on

Ways and Means, re ported May

pnrpoBfS.

1874.

1875.

1876.

General

,

1J878.

ISn.

18TS.

in-

1%

cluding new Oapitol.. IJi
on debt and to
provide for redemp-

2 6-16

4 5-l«

1 ft-8

1 «-«

Interest

IH

tion

Charlotte Columbia & Augusta Col. John B. Palmer, President of the Charlotte Columbia & Augusta Railroad Company,
has just completed the sale of sufficient bonds to retire the entire
Tlie bonds sold comprise $-500,000
floating debt of the company.
This
of the first mortgage and $500,000 second mortgage.
makes the entire bonded debt of the company consist of $2,000,000
bonds; the
first mortgage bonds and $500,000 second mortgage
remaining $500,000 second mortgage boids, in accordance with
the terms of the negotiation, having been cancelled and destroyed.

Canal and general fund

features of the negotiations are, the retirement of the floating debt, and, at the same time, the reduction of the bonded debt
The whole transaction has the appearance of being an
$•500 000.
exceptionally good piece of business in the present unfavorable

9K
5 79-180
The amount raised in each of these years was as follows,
including school tax for the next year, calculated on a basis of

The

times.

Consolidation Coal Company.— The petition of the State of
Maryland to the Judges of the Circuit Court for Alleghany
County, Maryland, for the forfeiture of the charter of the Consolidation Coal Company of Maryland, has been filed by the
Attorney-General of the State by authority of Governor
The petition alleges various abuses of its chartered
Carroll.
rights on the part of the company, among others illegal rates of
charge for transportation, the purchasing by the Consolidation
Coal Company of the Cumberland and Pennsylvania Railroad,
" without authority of law," and various other charges.

Grand Rapids Greenville & Alpena (Micli).— This unfinished
road was told at public sale under foreclosure of mortgage in
Grand Rapids, Mich., May 6, to William W. Nile?, of New York,
Over $100,000 was expended on the grading between
for 11,000.
Greenville, Mich., and Rockford, three years ago.
LonisYille Padncali

&

S.

W.—The

following

is

the Receiver's

1876.

mSBUBSKMINTS.
Porandited vouchers and pay-rolls. Ac, &c
By CBBh on hand to next month's account

_

*?3?S
J»!!,4U3

l2
«

$5C6,3i0 12

KAKSCNaa AND EXPENSES FBOFEB FOB XABCH,

Cross earnings
OpernlinK I'xpcnfea
Tictcornligs
Other eipenaea and ItabUltlea

Net proceeds

7 32

1-5

Ac

ii"

1-5
1-10

schoftls

Schools

Total

"ii'

"7-10

Union

Academies and

^tso

7-10

Exiraordinary reform
Charaplaln Canal enlargement

1¥

lyj

rii^

6

1-16

....

IX

ik'

tX

6 95-100

$3,367,780,103, the equalized valuation of the current year
Equalised
Sum

Ta*
,876

,5„

.

7if

IsTi

:::::"::.

187.3

c-o
isii;:!.

U-M

8
6

695-100
..

...'.;;.

:;".'•'..".'.'.'....

9K

btsuo

valuation.

raised.
$8,390,519

ta,.367,TS0,l(;S

i4.aoti,66o

».J67,r«0,10i

15,7*7,488
i4.eoo.9oj
19,580.88*

2,I69,SW,i73

imw.ms

S.K9,6»,HB
S,068,C»,4IB
2.t»2,S373)B

Pennsylvania Railroad.- A correspondent suggests that the
of stocks and bonds owned by this company, as publist
6th, should be supplemented
inome of the several
corporations whose securities are held, and the amount of annual
and guarantees.
liability of the Pennsylvania Railroad on leases

lished in the

Chronicle

of

May

by a statement showing the net annual

Such a statement with the annual report every year would be
iamoofl
excellent but none has ever been made except that in the
from which.
report of the investigating committee, two years ago,
Chboniclk.
full extracts were published at the time in the
;

:

Total

Totil

ers,

6»-160
1-10

The recent decision of the United States
Railroad Taxation
of the
Supreme Court was given by the unanimous concurrence
proposiuona
Judges, and carries more weight for that reason. The
'iXl'-on
co
1U», iDU oi
established were as follows
.41,
tne
proceedings, excMS
J?'trs«— Neither irregularity in the
"iscMioia
nor
any
constitutional,
be
it
if
law,
the
nor hardship of

regular monthly report
RICEIPTJ, APBIL,
To cash on hand from laat montli
Tocasli received daring the month

11-10

deficiency
Canal IJoating debt
Awards canal apprais-

1876.

*f,VoS nn
??'oT-

«ii

ki
».02l^
,,'!U'.

•

$6,193 33

valuation,

m

authonzs an injunction
grievance remediable by a suit at law, will
against the collection of taxes.
that the levy of
Sec*«<f-Thi8 rule is founded on the principle
function, and also in the
taxes is a legislative and not a judicial
the State cannot exiat.
necessity that the taxes, without which
into i.s treasurr.
paid
promptly
and
regularly
be
should
apply to taxes
Third—The same rigid rule would probably not
purpoaee.
by municipal corporations for corporation
levied

t

CHRONICLE

rBTE

472

—

Fovrth No injunction, preliminary or final, can be granted to
Btay collection of taxes, until it is sliown tbat all llie taxes really
due have been paid or tendered without demanding a receipt in
iull.

Fifth— lYio Constitution of Illinois declares in express terms
that certain persons and corporations engaged in special pursuits
may be taxed by a general law, uniform as to tlie class upon
•which it operates, and under this provision a statute is not
unconstitutional which prefcribes a different rule of taxntion for
railroad companies from that for individuals.
Sixth— 'Hot does it violate any provision of the Constitution of
the United States.
Seventh— "Vhe capital stock, franchises, and all the real and
personal property of corporations, are justly liable to taxation,
and a rule tha^ ascertains the value of all this by ascertaining
the cash value of the funded debt and of the shares of the capital
stock, as the basis of assessment, is probably as fair as any
other.

—

Eighth Deducting from this the assessed value of all the
tangible real and personal properly, which is also taxed, leaves
the real value of the capital stock and franchise subject to taxation as justly as any other mode, all modes being more or less
imperfect.
Ninth It is neither in conflict with the Constitution of Illinois
nor unequitable that the entire taxable property of the railroad
should be ascertained by the Slate Board of Equalization, and
that the State, county and city taxes should be collected within
each municipality on this assessment in the proportion which the
length of the road within such municipality bears to the whole
length of the road within the State.
Tenth Tlie courts cannot substitute their j udgment as to valuation for that of the Board.
Eleventh— Th.& Supreme Court of Illinois having decided that
the law complained of in these cages is valid, this Court adopts
that decision as a rule to be followed in the Federal courts.
Twelfth Does it follow that in cases where the proceedings are
faulty or illegal, that a court of equity will enjoin the collection
of the whole tax, when it is obvious that a large part should be
paid, and, if not paid, the complainaut would escape taxation
altogether? The question is important because the immense
weight of taxation rendered necessary by the debts of the
United States, of the several States, and of the counties, cities
and towns, has resulted very naturally in a resort to every possible expedient to evade its force. It has been repeatedly decided that neither the mere illegality of the tax complained of,
nor its injustice nor irregularity, of themselves give the right to

—

—

—

an Injunction.

The United States has a complete system for the correction of
injustice to tax-payers, but there ia no place in it for application
to the courts uutil after the tax is paid. An act of 1867 covers
this point particularly. This is a wise policy. It is founded on
the si mple_ philosophy, derived from the experience of ages, that
the payment of taxes has to be enforced by summary and.stringent means against a reluctant and often advised sentiment. -No
court of equity will, therefore, allow its injunction to issue to
lestra'n their action, except where it appears that the enforcement of the tax would lead to a multiplicity of suits or produce
irreparal^le injury, or, when the property is real estate, throw a
cloud upon the title of the complainant before the aid of a -court
of equity can be invoked.
The Court will always incline to
require a clear case of equitable reliel before it will sustain an
injunction against the collection of a tax, which is part of the
revenue of a State.
But there is another principle of equitable jurisprudence
which forbids in these cases the interference of a court of chancery in favor of complainants. It is that universal rule which
requires that he who seeks equity at the hands of the Court must
first do equity.
It is clear that the road-bed within each county
is liable to be taxed at the same rate that other property is
taxed.
have not complainants paid this tax?
Before complainants seek the aid of the court to be relieved of
the excessive tax, they should pay what is due. Before they ask
equitable relief, they should do that justice which is necessary to
enable the court to hear them.
It is a satitfactiou that our judgment concurs with that of the
State court, and leads us to the same conclusions. The decrees
ill all these cases are reversed.
The cases are remanded to the
Circuit Court, with directions to dissolve the injunction granted
in each case and to dismiss the bills.

Why

Tennessee Finances.— Colonel James E. Bailey recently made
a strong speech, at Clarksville, in favor of paying interest on the
State debt. He gave the following summary Total debt upon
which we must pay interest, |21,220,505 and if to this we add
the bonds due to common schools of $3,500,000, we will have a
grand total of $23,720,505.
:

;

'J'he interest

And

if

We will

this sum will be, peranniim...
we add for expenses of our ritate

on

to this

Jl
government....'.".'.'.

'

have..

42.?

530

'eColcOO

$2 (33

2.^0

to be raised by taxation.

Now, how can we
The Comptroller

sum of money ?
reports the value of property assessed for
taxation on the general lists, in 1875, to be 1278,000,000, which by
releases and otherwise may be reduced to S$275,UO0,00O.
raise this largs

A tax rate of six mills en
Deduct

this, will make
10 per cent, for cost of coUeciing, insolvencies, etc.

Jl
..'.'.'.'.'.'.'.

Leaves

Now add fax on railroad

.'..'.'."".'.'.'.'.'."'

Averpge tax for 1873-4 for merchantp, privileges, etc.! 1 !.'..."!
Increase these taxes in the same ratio with the tax on bonds....!.
!
Tax on litiaution and from other sources
.,

And we and a total of

fiso

roo

'jiis'coo

*I 4?wirn
80((io
S-^I^'S
100 tT'J

500(0
$2,0til,237

Which

will leave a surplus of

[M.y
more than

13, 1876.

forty thousand

annum.

per

Now observe, fellow-citizens, that in this estimate no mentioa
is made of other methods of supplementing the aggregate, as by
taxing litigation before justices of peace, but still we have a
fund sufficient to pay the expenses of the State Government, and
to pay the interest on the public debt.
It may not be inappropriate in this connection to refer to the
suggestion lately made by some of our creditors in Maryland, to
the effect that the State shall tax the bonds themselves wherever
held, and collect the assessment by retaining ths money in the
hands of the Treasurer. If the tax shall be levied it will yield, at
the same rate per cent, of six mills, about §150,228, and give us
a surplus of about $200,000 per annum.
It may admit of doubt whether we can constitutionally levy
this tax.

The question was presented, in substance, to the Supreme
Court of the United Sates in tlie Pennsylvania tax cases, 15th
Wallace's reports, and the decision was adverse to the right
claimed, but the court was divided in opinion, five to four, and,
inasmuch as it reversed a decision of the Supreme Court of
Pennsylvania, we may regard the question as open for reargument. If the tax shall be assessed without the consent o£
the non-resident bondholder, the courts should be opened
contest

it.

Union PaciBc— A letter from the President of the Unioi
Pacific Railroad Company was received by the Housei Judiciar;
Committee, in response to its recent request for the subinissio:
within ten days of some proposition for the creation of a sinkiuL
fund, which should not include an offer to re-convey to the goT.
ernment any portion of the laud grants. It seems to be an im.
portant omission that the letter does not refer at all to the fai
that the lands of the company are now covered by two mortgages,

amounting together

to upwards of $20,000,000.
Of course, it il
impossible to ignore these mortgages, and the presumption ii
that the lands would be recouveyed to the government, subjei
to the lien of these mortgages.
The following extracts embra*
the important parts of the letter:
Sib: After as much consultation with my associate directors o;
this company as has been practicable in the brief time allowi
by your letter of the 25th of April, I find myself unable at thli
time to submit, as requested therein, n, new money proposition foi
tho creation of a sinking fund to meet the eventual liabilities ol
the company to the goveruaient under the second mortgage, but
should any such proposition proceed from your committee, or ia
any way from the government, the company will give it immediate and careful consideration, with a view to its acceptance, if
found to be fair and just to the other creditors and to the stockholders of the company. * * *
The ojjinion of your committee that it would he inexpedient ti
accept, on account of the company's future indebtedoes?, a re
conveyance of any of the lands granted by the United States i
aid of the construction of the road, we trust will, on a funhe:
examination of the subject, be reconsidered and a different coniclusion reached. The amount to become due from the company
y
to the government on the maturity of the bonds. about the year
r
1S97 is so large that annual sinking fund payments in money
y
sufficient to cancel it at that date would be beyond the reason-]
able means of the company. There must, therefore, in any;
settlement, be either an extension of time for payment, or somi
wise and legitimate method must be found for reducing, by
substantial credit, the indebtedness, or for in some way augmenting the sinking fund. A fair and reasonable method of
accomplishing this latter object, is by the re transfer to the
government of the whole, or a part, of the lands granted to the
company, which, although valuable and sure to be ultimately
largely profitable, do not produce ca«h returns with the rapidity
which was first expected. It by more rapid settlement of the
country along the line, and by speedier sale of lands, large cash,
returns were secured, the company would be better able to make
larger annual sinking fund payments to the government but, in
the absence of such rat^id sales, such payments cannot safely be
attempted. The land grant to this company was about 13,000,000'
acres; the total sales to December 31, 1875, were about 1,200,000
acres, leaving nearly 11,000,000 acres unsold.
The averaare price
realized has been $4 47 per acre; manifestly, the land grant to
the company has not been so immediately productive as was
expected. Why, then, should not the lands constituting the only
gift from the government to the company, and which it must
have been intended should be largely relied on to enable tha
company to repay the loan of the government to the company, bd
*,
*
*
*
utilized in any agreement with the company.
Although a credit of 8,000,000 acres of land at the Government
price of $3 50 per acre amounts to $30,000,000, yet, as this latter
will be thus discharged twenty-one years before it is due, its
present value is only $5,883,100, and the above quantity of lands
valued at less than $1 per acre is sufficient to meet it.
As the company is thus willing to convey to the United States
6.000,000 or 8,000,000 acres, or more, if desired, of its lands, at the
price of $3 50 per acre, and to make in addition to such annual
sinking fund, money payments, as will cancel the whole debt at
maturity in 1897, or if this settlement is not agreeable to Congress, is willing to consider any proposition which may be made
by the Government, with a disposition to accept it, if its means
and its other obligations will permit. I have to express the hope
that in no case will Congrfss lend itself to the passage of harsh,
forcible, or hostile measures against the company.
The Government has only a second mortgage any blow at the company'*
credit is an injury to the Government, and diminishes its chance*
of collecting its debt, while whatever strengthens the company
increases the Government's security and its prospect of ultimate

i

1

;

;

reimbursement.

May

THE CHRONICLE
<iLommcrcial ®imc0.
6J

13, la;

^l)c

47S

OOTTON.
Pkidat. p. M., May

12. 1879.

TnB MOVKMEHT OF

Pbidat Nioht. May

TiTE CROP, aa Indicated by oar telegram*
from the South to-night, is given below. For the week endiof;

13, 1876.

appearance in fact
what is termed the " spring trade" has ended almost before it
interest
wliicli
Tbe
was
excited
by
the opening of the
began.
Centennial Exhibition diverted much attention from trade matWe have had, much of the week, spring-like weather, and
ters.
on two days it has been very warm; and throughout the country
The lowering aspect of politicrop prospects are generclly good.
cal affairs in Southeastern Europe has as yet had but little effect
upon trade or pricts, though felt to some extent in leading staples
A decline in gold and scarcity of freight
of domestic produce.
room have been encountered by exporter?.
Pork has materially declined, with sales of mess as low as
|20 75 on the spot, $30 78 for June, nnd $20 90 for July. To day
tbe market was firmer, with sales at $21 ou the spot, and bids for
future delivery at $20 85 for June, $21 for July, and $21 30 for
August and Septembep. There has also been a semi-panic in
lard, with large sales of prime Western sleam down to $13 43}®
$12 45 on the spot, $12 45 for June, $13 55 for July, $13 07} for
August, and $13 75 for September; but yesterday there was a
decided recovery, followed lo-day by an active and buoyant
market at $12 7oS$13 80 for prime steam on the spot, with bids
for future delivery at $13 Go for June, $12 80 for July, $12 95
for August, and $13 for September.
Bacon has declined to
12@12ic. lor city long clear, with mo'e doing. There has also
been a partial decline in cut meats. Btef and beef hams are quiet,
but firm. Tallow has done a little better at 8J®9ic for prime.
Butter has been more steady, but cheese has declined to 9@llc.
lor good to crime new factories, but oli ranges from 10} to 12c.
The foreign exports of hog products from seven principal
ports, October SO to May 0, 1875-6, were
Businefis circles continue to present a dull

;

Pork,
1,

18'5. to

May 6,

1876.

Correspoiiiling time 1874-5

133,051

.

Hams,

9a,45J,09r

Iba.
2I9.5<)8,5;0

1I1,95I,0M

174,143,581

lbs.

l)bl».

Novemher

&

Bacon

tard,

45,45),';95

21,498,989

Rio Coffee has been more active, and prices are steady, at 17i@
18}c. for fair to prime cargoes.
The stock at this port is reduced
to 100,000 bags, and the visible supply for the United States to
325,8O0 bags. Mild grades have been pressed on the market at
20@34c. gold, for Java, and lC@19c. gold, for Maracaibo, with
stocks other than Kio, 36,800 bags and 178,000 mats. Trade in
rice has remained quite dull.
Teas are dull and depressed.
Foreign dried fruits have been quiet, and Turkish prunes have
declined to 5J@0c. Molasses is firmer, with 50-te8t quoted at
improvement. Sugars
33.JC., but grocery grades are without
have been more active, and prices are a trifle higher; fair to

prime refining, 7f 58c

,

and standard crushed
Hbdfl.
{5,019
9,B5r
70,086
107,815

Receipts past week
Sales past week

StockiMay
Stock May

II, 187«
13,

1375

refined,

Boxps.
E,!t5
8,316
H.!>1i
87,674

lOic

Ea^s.

week, and 30,930 bales three weeks since, making the totaV
receipts since the 1st of September, 187.5, 3,967,779 bales, againai

11,928
6,025

6.'2

2-23,018

5.465
1.871

S0.5

During the past week the market for hides has been dull, weak
and unsettled dry California sold at 16c. gold, 39 days, and city
slaughter ox at 7f@8c. currency. Linseed oil hag been in fair
jobbing demand and steady at 55(g5Gc. (Jrude sperm has ruled
;

same period of 1874-5, showing an lucr<iaae
The details of the reM>>p(»
per telegraph) and for the corresponding week*

3,300,951 bales for the

since Sept.
for this

1,

week

1875, of 000,838 bales.
(as

of fivo previous years are aa follows:
Keceipt-i thia

New

week at—

1876.

Orleans...

1B7S.

1814.

9,601

6,026

6,85?

1,558

1,008

l.i

1,602

1,908

(,645

Mobile
Charleston
Port Royal, &c.

853

26

Savannah

2,162

2,706

2,165

Qalveston

3,^S

1,030

3,778

1873.

1872.

1871..

19.«»

15,«>8

•

•

t,iU

1,178

5,507

1,958

4,822

2,185

4,«7S

J,318

4T8

6,28ft

S,863

Indlanola, &c...

113

352

212

Tennessee, Ac.

8,459

3,5»)

8,201

B,806

2,471

6,794

11

41

27

68
S47

8&
51S

1,014

Florida

North Carolina..
Norfolk

i,vn

461

193

26
890

8,475

2,779

2,8!4

4.839

Ac.

169

138

210

821

26,441

19,363

a,496

41,031

City Point,

Total thlsweek
Total since Sept.

The

85 I

2,08Z

48,849

17,219

1.... 3,907,779 .3.360,951 3,627,311 3,312.974 2,600.460 8,669. 65!>

thje week ending this evening reach a total of
which 11,008 were to Great Britain, 5,390 to
France, and 4,397 to rest of the Continent, while the stocks a»
made up this evening are now 479,953 bales. Below are the
stocks and exports for the week, and also for tbe corresponding
week of last season:

exports for

20,701 bales, of

Exported to

Week ending
May 12.

Great
- ..
,

Britain.

New

Orleans*....

Contl-,.„„„
France
nent.

6,089

3,481

1,590

1,912

this

Same
week

week.

1875.

Total

Stock.

I87&

1876.

9,713 154,780 112,172

13,870

4,2?7

Mobile

21,36a

31,578

Charleston

S,8Q2

Savannah

4,C44

Galvestont

4,463

New York
Melado.

63 758

evening (May 13) the total receipt* have reached 30,441
bales, against 26,003 bales last week, 29,8>3 bales the prevloaa
this

1,488

1,488

4,123

i,m:

1,541

1,1.91

Norfolk.

other ports J
Total this week..

Total since Sept.

1

11,038
I,81«.321

89.J.3I3

4,297

20,701

061,881

2.S7<<,.545

14,745

15,231

17,027

28,020'

32,867

87,474

191,406 17^,448

12.550

4,000

35,000

4t>,C0O

34,318 479,95! 1126,706.
2.341.861

I

A«fo Orleaiiit.—Our telegram to-n'ght from New Orleans shows that (bcsitlcs
Bbove expons) the afnoant of ro'toii on shipboard and cnz^Kfid for snlpment at
Umi port, Is as follows: For Liverpool, K,^*) iinle<; for Havre, 8.0 bales; for
Continent, 500 bales; for coastwise ports, 1,0.10 bales; which. If deducted tronr>
the siocif, would le:ive '.20,500 halo representing the Quaatlty at the landing and la
presses unsold or aw iiling orders.
t G'tlceiton.—iiur Galveston teleg'-am shows (be^ld-^s above exports) on shipboard al th.t port, not cleared: Kor Liverpool, 1,811 Irale-'; for other forelun .
none: for coastwise ports, 3*! b.iles
which, If dedacied from the etoek.
w.iuld leave remaining 30,730 b;ile8.
t The exports tills week under the head of "other ports'* include from Baltfmorc mi bales nnd 70 bags Sea Island to Liverpool from Bn'lon .WO baic< to Liverpool from PhilaielpUla 623 oa:ei lo LIverpoiil from San Francisco 16 bales to
Liverpool.
•

lower at $1 a7@$l 40, with 400 bbls. sold for export. Menhaden
lower and dull at 41@43o. for prime. Codfish have been
in good demand at $5 00 for new Georges. Whiskey has been
dull at $1 11@$1 11}.
Kentucky tobacco has ruled firmer and fairly active at 6c.@7c.
for lugs, and 7}c@16c. for leaf
the sales for tlm week embraced
800 hhda., of which COO were for export, and 200 were for conSeed
kat
sumption.
has been in fair demand, and prices are
From the foregoing statement it will be seen that, compared
very firm the pales embrace Crop of 1873, 14 cases New Eng- with
the corresponding week of lasv season, there is a deereate
land at 13i(T(20c.; crop of 1873 and 1874, 100 cases Wisconsin at
crop of 1873 and 1875, 84 cases Ohio at 5}c.(a8}c. crop of in the exports this week of 8,647 bales, while the stocks to-nigh i
SJc.
1874, 300 cases New England at 10c.@30c. ;"crop' of 1874 and are 53,347 bales more than they were at this time a year ago.
1875, 187 cases Ohio at Hie. crop of 1875, 300 cases Pennsylvania The following is our usual table slowing the movement of cotton.
*t 15c., and 700 cases New England on private terms also 300
at all the ports from Sept. 1 to May 5, the latest mill dates :
cases sundries at 7c.@25c. Spanish tobacco has ruled a shade
firmer, wiih Sf les 500 bales Havana at 88c.@$l 15.
RECEIPTS
BXPOBTBD smOB SEPT. 1 TO—
CoastNaval etores have remained about steady, spirits turpentine
PORTS.
wise
Stock.
Belling fairly and closing at 30c.
Other
Rosins, early in the week, were
ToUl. Porte.
1875.
1874.
more active, but close dull at $1 70@1 80 for common to good
BrlUlnj
forel'n
strained.
Petroleum has latterly advanced, owing to the buoyant
1,343,149
963,113 67.3,378 277,43 1 252,8 n 1203,6« 175.363 161,851
advices from the Creek the close was very fir.n, at 14c. for re- N. Orleans.'
3t)0,963
30,407
314,70i 132,473 23,522,' 82,111 318,103 113,19
fined in barrels, and 8Jc. for crude in bulk.
Ingot copper has .Mobile
359,9r.8
•
17,7*5
436,439 13.3,9)2 61,1381 78,505 263.6M 1C7,«1I
latterly been dull, and is lower, the sales being 300,003 lbs. Lake Charleel'n
16,801
Savannah.. 602,213 580.<l&3 168,1« 29,953 157,739 3'S,S77 146,306
at31}@211c. cash.
The business in ocean freights has been fairly good, both for Gulvestou*. 464,?!8 851,515 189,478 4,111 35,991 259,580 520,795 S2,97S
101, 145
1,915 57,832 261,010
berth and cliarter the rates for the former have been main- New York.. 183,819 131,237 301,233
....
11,S93
11.695
13,3)5
tained with firmness, but on the latter a slight irregularity has Florida
70,818
!,?«
27,i':4
98,864
93,13!
2,301
24,86)
been noticeable. Late engagements and charters include: Grain N. Carolina
16,0(B
1M,233 352,836
to Liverpool, by steam, 7}@3d.; cotton, id.; provisions, 35fa40a. Norfolk*.. 471,495 390,336 102,116 1,8.7
S4,00ft
...
94,551
18,194
99,294
72,118
81,360
per ton grain, by sail, 7d., and cotton at id.; grain to London, Other ports
by sail, 7i@7}d.; do. by steam to Glasgow, 9d.; do. to a direct Tot. this yr. 3,941,338
1807,313 383.947 660,534 2857,844 1199.463 499.BM'
is also

;

;

;

:

;

:

;

;

;

;

;

1

1

;

;

;

port in the Bristol channel,
58. 6d.ig5s. 9d.; refined

5s. 3d.;

petroleum

to

do. to Havre or Antwerp,
Antwerp, 3s. 2d.; naphtha to

Morganpill, 48. .3d,; do. to Rouen at 4b. Today, the position was
the ssme, viz., firm for berth, but a little irregular for charter
room, with business rather slow; no engagements of importance
and only two or three charters, ;including grain to Hamburg,
;

(small vessel) do. to Antwerp, 5?. 6d.; oil cake to
castle, 23s. 9d. per ton ; cage oil to Odessa, 36c., gold.

at.

6b.

;

New-

3,3I0,9« 162.5.3-4 2*8,216 393.913 J8l7,518!ia0l,281

Tot. last yr.
•

Oi(c«»«on

Is

Include

I

438,89

K

included Port Itoyal. Ac: onder the heart or
Indlano.a,&c.; under the head of Horfolk. is Included Cli»

Under the head of Chnrleston

is

Point, &c.

These mail returns do not correspond precisely with the total of
the telegraphic figures, because in preparing them it is always
necessary to Incorporate every correction made at tbe porta.

I

THE CHRONICLE.

474

rJ^

[May

13, 18'

Thk Visible Supplt op Cotton, as made up by cable and
There has been some further decline in cotton on the 'spot in
the past week, in spite of a strong effort to support prices. On telegraph, is as follows. The contiuent.il stocks are the figures
Monday, anotlier revision of quotations was made. Strict low of last Saturday, but the totals for Great Britain and the afloat
middling and grades above were 1-lGc. lower, good ordinary and for the Continent are this week's returns, and consequently
staiqed cottons 1 16c. lower, and low middling and strict good brought down to Thurnday < vening; hence, to make the totals the
he
ordinary Jc. lower; and on Wednesdiiy there was a general complete figures for to night (May 13), we add the item of expo:
decline of l-16c., carrying middling uplands down to 12fe. This from the United States, including in it the exports of Fridaj
decline did not lead to any important increase in business. only
1874.
1876.
1875.
1874.^
The stock continues to increase at this point, and holders
772 000
746,
1,005,000
i)6;.000
have been discouraged by weak foreign advices, better weather Stocktt Liverpool
Stock
at
London
Yesterday,
in
gold.
165,i
decline
143,750
for
the new crop, and a
68,000
;il 830
there wfts a farther reduction of ic, in sympathy with
Total Great BritalH stock ....1,067,000
911,500
1,073,830
913, 50
a decline at Liverpool.
To day, the market was inactive Stock at Havre
80 \ KO
rJ0,750
las,',75D
113,000
and easier, but without quotable decline. For future de- Stock at Marseilles
lO.rOO
11, ,830
16,000
6,730
livery the market has quite broken down, and, except a
Stock at Barcelona
500
8T,25D
69,000
78,«0
partial recovery on Tuesday, the tendency has been almost
Stock at Hamburg
IS.OilO
21,:a;o
36,000
11,000
The depressing influences have been
uniformly downward.
Stock at Bremen
8.1,250
54,000
40,230
S7, 750
mainly such as were felt in the market for cotton on the
Stock at Amsterdam
'76i,a:o
63,000
5?,0
45,500
spot, above stated, to which may be added, as affecting both, the
33,000
16.500
11,000
30. 7
unprospcrous state and dubious prospects of trade in manufac- Stock at Rotterdam
19,030
31,000
6,853
17, 853
Yesterday, a further decline of 1-16@3 33c. made an Stock at Ant *erp
tures.
86, ceo
18,250
47, 000
15,000
aggregate decline from last Friday of about 5 IGc. To-day, the Stock at other continental ports.
opening was at a further decline of 3 32@4c., but a part of it was
Total continental ports
550,000
474 8.30
44!),750
348,000
recovered at the close, on reports that the Mississippi River is
Total European stocks
],f4!,230
1.4W,830
1,461,500
1,365.300
rising between Cairo and Miemphis, and that heavy rains have
India cotton afl,)at for Karope.. .. 897.000
474.000
549,000
fallen in the Atlantic Slates.
5)8,000
373,000
The total sales for forward delivery for the week are 205,600 American cotton aSoat for Earope 384,000
105,
67,000
bales, including
free on board. For Immediate delivery the Egypt, Brazil, &c.,afloat for E'rope 40,000
365,(
Stock In United States ports
383,978
479,933
total sales foot up this week 6,646 bales, including 2,933 for ex73,04S
63,.386
61,,901
in StockinU. S. interior ports
port, 3,732 for consumption, 981 for speculation, and
i.OCO
1,000
2,0C0
transit.
Of the above, 125 bales were to arrive. The following United States exports to-day
were the closing quotations to day:

a

Total visible supply.

New

Ordinary
Strict Ordinary
Good Ordinary
Strict Good Ordinary
Low Middling
Strict

per

3 13-169....

lb.

«

9H

C

10 3-16

«

1

3 1S-16»..

»%

9X

lOH
11 7-16

12

12 »•
13 if

&...

0...

'4

1

<a>...

isv

0...
a.-.,

»•
@...,

Texas.

Or.eans.

8 13-169...

a

or the above, the

.

.

.bale8.8.809,OCl

totals ot

8,933,9«4

2,7S3,l:^9

2,858,

American and other descriptions are as

follO'

Amtrican—
8 13-163..

9X

&..

10 8-16 ®.... 10 i-16

Low Middling.

Mlddlmif
Good Middling
Strict Good Middling
Middling Fair
Fair

New

Alabama.

Uplands.

ClaBsiflcatlon.

«...

10 5-16

a..
11
a..
9-16 a..
1
i2«
a..

.

a..
a..
a..
e... in-16 a..
®..
a.... 13
a-... wx
a..
ri]^
a..
n»^
a..
11

l: 9-16

K¥

12 1-16

a.

13

a..
a..
a..
a..

13H
13X
i>x

STAINED.

Good Ordinary
S» Low Middling.,
Strict Good Ordinary.
10
Middling
IIX
Below we srive the sales of spot and transit cotton and price of
Uplands at this market each day of the past week
I
I

61!,C00
322,000
381,000
479,933
61.801
2,030

591,000
171,000
310.000
426,706
3,000

1,000

366,000
220,000
873,000
365,083
73 042
7,000

bales.1,664,734
Total American
East Indian, Brazil, dtc.—
393,000
Liverpool stock
6;,000
London stock
Continental stocks
132, 260
897,000
India aHoat for Europe
43,000
Egypt, Brazil, &c.,ailoat

1,553,859

1,615,364

1,401,124

370.000
111.250
177.000
618,000

353,000
145,750
805.750
648 000
67,000

474,000
105,0CO

TotalEast India,&c

1,329,250

1,323,500
1,815,364

1,151 5P0
1,404,124

2,938 864

2,853,684

Liverpool stock
Continental stocks

American afloat to Earope
ULited States stock
United States interior stocks
United States eipoi ts to-day

413,000
244,000
5'i8,00fl

5a>,978
6.3,386

5S,1.33

5,3,000

380,000
165,5C<3
3,30,OCO

:

New

Con- Spec- TranExp't.'sump. ola'n
sit.
Total.
I

Classification.

Saturday

95
456
501
240

Monday
Tuesday
Wednesday...,
Thursday
Friday.:

12
487
50

,

21

M2
172

75
40

i,m

81

MX

''2)7"

lOJi

i\y,

lOX

llX

12 t-l6
12 7-16

10 5-16
10 3-16
10 3-16

11 7-16
11 5-16
11 5-16!

10 7-16

1,098

673
327
1,704
344

8 15-16
8 13-16
8 13-16

12X
12K
12 Ji

Total
2,
931
6,646
Delivered on contract, during the week. 2,800 bales.

For May.
ct3,
12 3-16
li 7-Si

SOUs.n.

VIX

lOOs.n 131h. .I'm
100 s.n. l3th.l2 9-32

liales.
CIS.
6,200
12 23-32
5,400
12^
1.200 .......12 25-32
1.500
12 1316

61,103 total .Jnne.

6C0
12 932
300e.n.U'th.l;il-U

Cor July.

100 s.n. lllh. 1211-32

1,400

100
12 11-32
100 e. n. llih I2H
100 s.n
12^
200
12JS
10Jii.n.l0lh.l2!3 3:
600s,n.-..,12 13-32
600
12 I3-3>!
100
12 7-16
600
12 1S32

oOC
SOO
2.100
6,100
8,900
2,110

200
SOO
5,300 total

12X
12 9-16

May.

1,600
2,800
5,000
1,810
5,000
5,400
6,300

For Jane.

500
830
1,00

3U0
200
100
400
00

12 25 32

1213-16
12 27-3i

vm

13

1.200.

400
700
9J0
200
4U0

12 29.3i
12 15-16
12 81-32
13

July.

12H
.12 9-li
.

12 l!>-)2

..liX
12 21 32
12 11-16

For Acgust.
1,400

6J0
500

125^
12 2 -32
23-3i

..U

,

600. .,
8,100..
3,300.
1,400..
1.20O,.
1.500,.
2.iOO.

500
3,400

U13-1S

300
400
700
100
200

nji
12 J9-32
12 15-16

9,3J0 total

For November.

12 1732
12 s-16
12 21-32

.12 2'.-32
,13 13-16
.12 21-32

I.IOJ

u:i-is

600
900
600

12 23-32

12 25-ai!

1,200

121311

12J<
12 ii-ai
12 15-16

13
13 1-32
13 1-16
13 8-32

13X

Viii
12 19-32

U

12S«

11-16

12V
12 3-,-32
12 13-16!
12 27-32

12 7-16

U'A

300
500

12ilf

a

1300
600

27-32

12X

.

9.200 'total

Nov.

For December.
200
300
900

12>;
12 18-32
12 17-32
12 9-16

400
603
300
200

12 19-32
12 11-16
12 23-32

900
400
200
100

12 25-32
12 13-16
12 2I-S2
12;^

12K
12 29-32

5.9 JO total

Dec.
•

and the closing prices

MrDDUNO
Onipot

Frl.
12 9-16

May.....

12)4

June

I2X

July

12 31-33

August
September
October

1215-16

November
December....
gold
R'nhange.. ..
Bales spot
Baltwiutura...

13X
13 i-:6

12X
12X
113X
4.-6
E03
81,700

ITPLiLSDS—AXEB^CAX OLASSIFIOATIOX.
Sat.
Mon.
Tues,
Wed.
Thurs.
12 7-16'
12 7-16
12H
12%
12k
12 13-32
12h
12 r-32
12^
12 5-31
12 21-32
l-,5i
12.3-32
Viii
I2W
12 27-32
ViH
12 31-3J
12 23-32
12 19-32
13
13 i-Si
12K
13K
12^
12 15-16
u
12S
itx
12 23-32
12 1J-16
12 Jr-S2
is
12}
13 2S-32
12 25-32
12 2)-3!
12 21-32
12k

12 <S-32

12 25-32

lUH

112*

4.8«
2.500

«,>.6

Hfla)

I,OJi
39,000

12 29-32

112^
4,f6
673
30,100

8;«d,

1.

1

12 21-32
112),
» S6

319
35,000

—

At the Interior Ports the movement that is the
and shipments for the week and stock to-night, aad

null
uQ
112k

JVe

—

corresponding week of 1875
statement

Week

ending

13, 1876.

Receipts, Shipments,

Augusta, Ga

Columbus, Ga
Macou, Ga
Montgomery, Ala

.

Selma, Ala

Memphis, Tenn
Nashville,

Tenn

.

.

Total, old ports
Dallaj, Texas
Jefferson, Texas

523
208
193
343
476
3,053
3;8
5,095

99
149
574

. .

Shreveport. La
Vicksb'g, Miss
Columbus, Miss....
Eufaula. Ala. (««<.).

1,3C0
55
100

Ga
Atlanta, Ga
Rome, Ga
Charlotte, N.C

18

new

Total,

May

370
2)5
187
1!6

4"4
777

*l,,338
S(,708

240

555

38,414

4,393

3,:340

1,148
221

6,081

64,801

3,455

9,143

175

787

39

1,S40
1.133
1,649
92
153
125

1,126
8,698
3,742

374

245
824
756
818
26
!01

420

1,456
2,607

4,334
5,U20

7,030

12,155

93

;

I

19

81
13

f.75

6,695
5,399
3,710
1,519
1,949
22,888
9,694

52,150
21

01
603
1,6!9

423
978
413

19

95
154

333
160

1,467

2».6

318

529

2,230
3,964

1,672
9,733
9,005

2,299

14,904

41,5C0

4,8

20,989

106,801

!

664
866

801

883

7,9-7
18,078

I

1,577

JEO

1,699

895
2,090
4J5
737

ll

14, 1875.'

Receipts. Shipments, Stock.

3,003
170

468

ports

ending

7,478
P,344
8,185

128
95

Mo
Cincinnati, O

Stock,

Week

551
3 IS
681

455

St. Louis,

out in detail in the following

is set

May

receipti
for the
9

7-9

9,848

86,793

18,957

78,943

12V

1.400...;

Jaly for Octobir even.

The followinar will show spot quotations
bid for futures at the several dates named

tfi

decrease of 129,860 bales as corapajed with the corresponding
date of 1874, and a decrease of 49,020 bales as compared

Griffin,

The following exchange has been made during the week
5C.^

Oct.

!,400

l."iOO

12*

2,783.109
7Jid.

These figures indicate an iiicreasi', in the cotton in sight to-night
of 25,895 bales as compared with the same daie of 1875, a

Ct".
...12 15-16
...12 31-32

12 19-32
12 U-16

For October.
200
a'O

400..
1,300..

12 13-32

00 total Sept.

IJ 25-32
12 27-32
.

7,

bales,

200
100
400

Ang.

For Septeirber.

12V

52,300 total

n%

S.'XIO.,.. ....li 17-32

6,-00..

13 1-32
13 l-lrt
13 3-32
13)^

Vi%

12 11-32

2,UiO....

S.<W

5,500
4,900
8.400
3,300
4.80O

12 21-32
12 11-18

800.

li 5-16

12 1332
-.12 7-16
.12 1S-S8

1.200....
S.OJO....
6,700

ct'.
12 31-32

12 9-82

c«0,...

73«l-.--

1,200

49,SUO total

12)i
12 17-32
12 9-16
12 19-3i

6 200
S,900
i.500
i.eUO
4,000
4.600

bales.

—Totalvlsible supply.... bales 2,80fl.COJ
Price Middling Uplands, Liverp'l.
6>id.

with 1873.

tor forward delivery the sales (including
free on board'
have reached during the week 205,000 bales (all middling or on
the basis of middliag), and the following is a statement of the
sales and prices
bales.
600
200

1,55:3,859

Mid-

Ord'ry Ord'ry. Mldl'g. dling,

2500

914,850
1,864,751

Total American

Low

Good

I

Total,

all

r.aes

• Actual couut.

The above totals show that the old interior stocks have
decreased during the week 901 bales, and are to-night 12,648
bales more than at the same period last year.
The receipts at
same towns have been 2,040 bales more than the same week last
year.

Bombay Shipments.— According to

oar cable despatch received
have been 27,00(1 bales shipped from Bombay to Great
Britain the past week, and 26,000 bales to the Continent while
le
the receipts at Bombay durinjt this week have been 54,000 bales,
)S^H
The movement since the 1st of January is as follows. These a:
to-day, there

Frl.

12K

na
li 5-16

12 17-3!
12 21-32

li%
12 17-32
12 18- J2

12 13-32

1123t
4.^6^

llol

344

si,dlO

31,800

;

the figures of

down

to

W.

Thursday,

Nicol

May

,—Stiipments this

Great

U

week-,

Con-

Brltaln. tlneut.
1876
27.000
23,000
1875
48 000
8,000
1874..... 30,000
7,000

&

Total.
5.3,000

60,000
37,000

Co., of

Bombay, and

are brought

:

.-Shipments since Jan.t-,
Gri-at
ConBrltaln. tlnent.
Total.
299,000
552,000
439,000

207 0)0
316,000
2d2,000

495,000
809,000
751,000

I

—

Receipts.—-*
This
Slncd
Jan,I.

week.
54,000
66,000
68,000

778,000
'
95\l

964

May

THE CHRONICLE/

1876.]

1.%

From the foregoingf it would appear that, compared with last
year, there is an increase of 3,000 bales this year in the week's
ehipments from Bombay to Europe, and that the total moTement
since January 1 shows a decrease in shipments of 313,000 bales
compared witn the corresponding period of 1875,

Wbathek Reports bt Telkgraph. —The

past week has
favorable in most pections for the development of the
In much of Texas it is too dry, while at some other points
crop.
they have had too much rain, and at Btill others there are complaints of its being too cold. Yet, take it altogether, little damage
has been done except in limited districts, and over a considerable
A portion of the Valley
section good progress has been made.
of the ^li8BiBsippi, between Memphis and Vicksburg, still remains
under water, and tlie higher water at Cairo and Memphis the
But the
last few days, is, therefore, an unfavorable feature.
district which is overflowed, is, according to the best information
we have been able to get, not very extensive.
Ijeen fairly

—

Texas. Some sections in this vicinity have had
showers on three days, but many other points are needing
The total rainfall here this week is seventy-two
ftin badly.
hundredths of an inch. The average thermometer is 73, the
highest 87 and the lowest 60.
Indianola. Texas. There has been no rain this week, and it is
much needed, as the ground is very dry. Average thermometer
Oalveston,

—

73; higliest

—

the rest has been pleasant. The thermometer haa awengod 7S,
the highest being 86 and the lowest 54. The rainfall
reach«d
two hundredths of an inch.
Augusta, Oeorgia.— The earlier part of the week we had rmln,
showers, on two days, but the latter part has been clear andpleasant, the rainfall reaching seventeen hundredths of an inek
The average thermometer is 71, the highest 88, and the lowest 47.
Charleston, Bouth Carolina.
There has been one rainy day thi*
week, the rainfall reaching fifty.two hundredth* of an ineh.

hu

—

The thermometer has been ap

to 83,

and down

to 28, averagiof

54.

The following statement we have

also received \>y te1e|p«ph
of the rivers at the points named at 8 o'clock
give last year's Ugures (May 14, 1875) for ooa-

showing tbe height

May

We

11.

parlson.
r-yiij
Feet.
8

New Orleans. Below high-water mark
.

II, '79-.

Vest.
4

Inch.
1

was showery here on two days of the
week, but there was not enough rain to do much good. The
rainfall was fifty-five hundredths of an inch.
The average
thermometer is 08, the highest being 89 and the lowest 48.
JJatlas, Texas.
There has been no rain here throughout the
week, and it is generally needed. Wheat is still in a promising
It

—

S

mark
81
n
I
11
Naehvllle. ... .Above low-wator mark
MlMlDg.
U
S
Shreveport. ...Above low-water mark
il
8
MlHinK.
10
40
11
Vlcksburtc.... Above low-water mark
44
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 aboT*
1871, or 16 feet above low-water mark at that point.
Memphir

Above

low-vvster

—

Supply and Consumption. In oar
columns will be found an article on the supply and
consumption of cotton in Europe for the year ending October I,

Estimated Cotton

83 and lowest 58.

Corsicana, Texas.

475

editorial

1870.

QuNNT

Bags, BAoaiNO, Etc.

— Bairgintr

without change

is

considerable complaint of rust. Tha
78, ranging from 45 to 83.
The early part of the week we had
Next) Orleans, Louisiana.
three rainy days, but the latter part has been clear and pleasant.
The rainfall is five inches and fifteen hundredths. The average

the market continues in the same quiet state noted in our laat,
and no sales have taken place tliat we hear of. Holders are firm,
however, as to price, and are asking 12^c. cash. Bales are quiet
and nominal at 9@9ic. for India, and ISfc. for Borneo. Butts ar»
prices contlna*
b'.ow of sale, and no lots have been moved
steady at 2t@3c. for spot parcels. To arrive, quotations M«

thermometer

unchanged.

condition,

l)ut

there

is

thermometer has averaged

is 72.

Shreveport, Louisiana.

—

— We had a

rainstorm this week, lasting
from Saturday evening to Sunday noon, the rainfall reaching
seven and forty- three hundredths inches. The damage to crops
is comparatively small.
Average thermometer 69, highest 87
and lowest 54.
VickAurg, Mississippi.
have had two rainy days this
week, the rainfall reaching five inches. The thermometer has
averaged 67, the highest being 84 and the lowest 50.
Columbus, Mississippi. There has been rain on three days of
the week, the rainfall reaching two inches and seven hundredths.
The weather has been too cold, and so unfavorable that much seed
planted has failed to come up. Average thermometer 63, highest
73 and lowest 54.
Little Rock, Arkansas.
There have been three cloudy and two
rainy days during the week.
The cool nights have caused some
damage to the crops from the cut worm; but, if it continues warm
from now, the damage will not be material.
Average thermometer during the week 67, highest 86 and lowest 48. Rainfall,
one inch and sixty-seven hundredfljs.
Rain fell on two days of the week, to the
Nashville, Tennessee.
extent of one inch and twenty-eight hundredths. The rest of the
week has been pleasant. The thermometer has averaged 66, the
extremes being 55 and 76.
Memplds, Tennessee. There have been three rainy days this
week, the rainfall reaching two and eighty-five hundredths
inches.
The earlier part of the week was rainy, but the latter
part has been clear and pleasant. Planting is about completed
iu this ueighborhood,except in the overflowed lands. Much damage
has been done by last week's heavy rains, washing and baking.
The average thermometer is 68, the highest 78 and the lowest 58.
Mobile, Alabama.
It rained here severely the early part of the
week on two days, but the latter part has been clear and pleasant.
Crop accounts are more favorable, and the plant is developing
promisingly. The thermometer has averaged 70, the higljest
being 83 and the lowest 54. The rainfall is three and sixty-nine
hundredths inches.
Montgomery, Alabama. Tlie early part of the week was rainy,
but the latter part has been clear and pleasant. There were three
rainy days, the rainfall reaching two inches and thirty-seven
hundredths. Average thermometer 69, highest 88 and lowest 53.
Helma, Alabama. There have been two rainy days this week,
but the rest of the week has been pleasant. The thermometer
lias averaged 68.
The rainfall for the week is two inches and
seventy hundredths.
Madison, Florida. There was rain at this point the first of the
week on two days, the rainfall reaching sixty hundredths of an
The latter part of the week has been clear and pleasant.
inch.
Average thermometer during the week 73, highest 84 and lowest
•

—We

—

—

—

—

—

—

—

—
—

Maeon, Georgia. Rain fell here on one day this week. The
thermometer has averaged 68, the extremes being 47 and 88.
Atlanta, Georgia. The weather has been too cold this week,
and we are having too much rain.
It rained on two days con.stafttly, the rainfall reaching two and thirty-four hundredths
inches.
The rainfall for the month is six inches and one hundredth.
Average thermometer for the week 67, highest 74 and
lowest 50. There is twelve per cent, less cotton planted iu this
district this year than last.
Columbus, Georgia. It has been showery three days this week,
but the remaining four days have been pleasant. Planting is
about completed in this neighborhood, tliere being more corn and
less cotton planted thin last year.
Average thermometer 69,
highest 84 and lowest 50.
Savannah, Georgia. It has been rainy one day this week, but

—

—

—

Monthly Movement op Crop. Below we give our statement of the monthly movement of the crop, brought forward to
May

1

KONTaLT MOVIMINT OF CROP.
Tear beginning September

-,

—

60.

;

1.

Monthly Beeeiptt.
1875.

1874.

1873.

1872.

1871.

1870.

September

169,077

134.376

115,255

184,744

82,078

123,8IT

October..

..

610,316

536,969

855,323

444,003

829,449

355,099

.

740,116

676, J95

576,103

53-%153

461,509

544,14*

881,1'

759,036

811,608

624,975

SJ0.274

625,714

November

December..

Total ta Jan. 1.. a, 340,686 2,106,675 1,858,349 1,6?3,875 1,393,306 l,648,27i

January

444,059

637,06'

969,430

7D2,l(-)8

627,281

492,246

Total to Feb. 1.. 8,977,753 2,550,727 2,560,517 2,253,305 1,885,561 2,«75,5K(

February
Total to

Total to April
April

May

4S2.688

462,863

608,989

846,594

3,457,554 2,934,051 3,043,S05 2,716,857 2,232,146 2,834.1«
428,107
33-2,7C3|
108,083
451,483
809,301
300,128

1.

March

Total to

38),3«i

479,801

March

3,757,682 3,185,481 3,875,908 8,025,164 2,440.228 3,312,249
276.588
133,598
173,986
118,379
135,977
163,f 93

1.

1

I

3.921,275 3,319,082 3,549,891 3,244,043 2,576,20513,688,817

1

i

3,497,169 3,804,290 3,651,346 -1,732,286 4,03^,154

Year's port rcceiptB.

Overland
Southern consump..
Year's total crop

Per cent of

205,339

237,572

141,600

122,066

228,923

130,483

128.526

137,662

120,000

9i,aw

3,832.991 4,170,388 3,930,508 2,974,-351 4,352,317

total port receipts

received to Jan.

21

48-84

46

11

60

99

40-87

72-93

67-30

61

71

69-01

56-4S

8 3 '89

79

99

74-88

81-69

7S-SS

91.08

88-74

82-85

89-8

82-14

O4.S0

rS

81

88.84

94

18

89-W

54-96

44

56

42

83

46-84

87-87

66-54

61

89

£7-32

63-42

52-28

76

54

75-37

69

09

75-04

6«-M

83.10

80-S4

76.96

83-04

76

88

85-12

82-63

86-«l

8845

60

1

Per cent of to'al port receipts
received to Feb. 1
Per cent of total port receipts
to

March

1

Per cent of total port receipt;
to April

1

Per cent of total port receipts
to

May

1

,

Per cent of

total

crop

ceived to Jan. 1..

Per cent

of

total

ceived to Feb.

crop re

1

Per cent of total crop received to March 1
Per cent of total crop received
to April

1

10

Per cent of total crop received
to

Mayl

59

Dec. 29. Jan. 18.
Half the port receipts received Dec. 15. Jan. 2. Jan. 8.
On which day receipts were.. 1 ,745,630 1,909,955,1,82-2,525 1,375,784 2,011,601
Jan. 6. Jan. 26.
Half the total crop received. Dec. 82- Jan. 11. Jan. 16
1,916,767 •t.OB-i.l 15 1.978.164 1 .486.893 2.1«'>.295
On which day receipts were
Up to May 1st the receipts at the ports this year showed an
I

excess o! 603,193 bales over the previous season, while the overland movement was at the same time probably about 00,000 bales
larger, so that even with no increase after May let, this cropwould reach nearly 4,500,000 bales.
Some of the Pleasures and Difficulties of a Planter s
Life tn Mississippi. A correspondent at Carson's Landing, oa
the Mississippi, after telling us about the flood in that district,:,
»•.
describes, in an amusing, way, some of his experiences as

—

planter aa follows

:

(

THE CHUONICLE.

476

Carson's Landing, Miss., April, 1876.
•
*
There is no couutry on earth
to equal this in fertility, but, taking it altogeiher, I doubt if
there is any country in the world that has to the planter so many
vexations. When an overflow comes, the whole district is filled
with ft kind of liy called bull gnats, which are very destructive
Ointlemen

»

»

;

all kinds.
They last as long as the water continues
have
and. are said to be born of the water.
Eve crops of this insect, all varying in size. They are enough
to make a preacher swear, especially if he has a good ridingliorse devoured by them; and yet there are so few of these reverend
gentlemen dwelling among us, perhaps this is an overstateought really to have a preacher every square mile,
ment.
ior I hold it to be a fact as true as Holy Writ, that any man who
lias to deal much with our newly-made voters and fellowcitizens can't cet nigh to the promised land without additional
Lolps ho will learn to do everything else but pray.
Planters, as a general rule, are reducing their expenses to tlie
lowest point, in order to meet, the present low scale of prices of
the staple. If they could only raise their meat, they could do
-very well, even as it is, but the negroes would bo shocked at the
idea of suffering the white man to raise hogs. As one of my old
negroes remarked to mo a short time since " You raise bogs,
a penitentiary on every plantation wouldn't do
Massa never
Kespectfully,
R. C. H.
it."

to stock of

to

We

rise,

We

—

!

I

:

—

Weekly Receipts op Cotton.—Below we

give a table
showing the receipts of cotton each week at all the ports of the
United States for several seasons, indicating, also, the total
crop each year. Our figures are given in thousands of bales.
1874-75.

1815-lii.

.

J3

is

a

1873-74.

1872-73.

Date.

^ a
«ept.

Oct.

8...

17...

37

28

24...

47—107

46^

1o

9

14

1

5

13

30

9

11

24

95

41-

87

51

12

13

64—159

20-42

38-72
55

1...

80

59

53

8...

103

97

46

74
87

34
46

15...

1.38

121

79

98

64

76

147

128

101

113

83

82

171—639

150—555

108-387

120—492

91-321

85-367

175

69

143

128

134

97

107

IW

160

124

111

105

132

19...

i86

153

134

119

101

122

36...

183-694

166-627

124— EID

134—498

105—408 119—430

5...

"

12

-"

"
Dec.

15

19

»9...

Kov.

"
«

1870-71.

^ a

4

10..

1871-7a.

.

'

a...

158

176

170

134

122

"

10...

181

173

126

'

178

106

153

n...

191'

188

196

125

121

156

24...

197

165

315

103

130

13011

31./.

187- -909

147- 857

176-930

106—593

127—606 125-705

"
Jin.

eb.

131

108

146

126

93

155

119

101

131

122

86

161

18...

111

116

109

89

142

25...

110-471

106-499

105—462

77-345 137—596

73— 3S7

86

77

95

82

78

63

82

83

52

67

74

SO

103

64

56

40

82

60-368

4S—343

41—255

72—521

41

60

49

37

70

14...

42

40

56

36

65

21...

31

22

32

43

39

63

28...

48-199

27-189

57-2E5

44

20

53

26

41

18

48

23

34

16

22—95

31—150

13—6'

46
4-2-189

24

12...

26

20
19

"
"

2

12

17

25

14

37

9...

14

13

18

12

28

16....

13

13

20
18

13

24

23....

Aug.

79

15v

10

13

6-

55

12-

7....

7

9

14....

4

10

21....

3

2S....

3-

4...,

17

,,

11
18
31

68

2

10

9—90
15

19

1<

4

16

13

8

11

13—

8—

15

11

3

11

4

11

2

10

57

15

Total at ports..
Overland

3,497

SC5

238

141

122

Coos'm'dSontb

131

129

138

120

91

3.893

4.171

3.930

2,974

4.S52

3

8

43

12-20

15—44

30

47

12

45

3,804

3,651

2,732

4,032

229

stocks, *c,

liiTKRPOOL, May 12,-3:30 P. M.—Bt Cable from LivkbFOOL.— Estimated sales of the day were 10,000 bales, of which
1,000 bales were for export and speculation.
Of to-dav's sales,
6,400 bales were American.
The weekly movement Ib gwen
I

follows

to

period
prev'ua

date.

year.

April

April

May

May

19.

26.

3.

10.

2,641

1,4S8

301,077
1,644

269,750

2,61!

1,468

02,731

269,750

1,515

5,685

4,Si0

Other British Porta.
4,820

4,076

Other French ports.

100

1,915

8,685

22,287
a6,780

17,318
17,204
2,452

57,441

36,974

12

10
50

8,.374

Total to N. Europe,

400

4C9

Total Spain, Sec.
Total....

5,2-20

4,176

2,711

1,488

421

60

3f2,498

312,469

The following are the receipts of cotton at New York, Boston,
Philadelphia and Baltimore for the last week, and since Sept. 1, '75:

New

Orleans..

PHILADKLP'lA

Since
Sept.

970

1

418

136,133
73,107
82,445
8,160
7,2.W
t0,751
50,723
177,12S
9,097
190,753
3,477

Total this year

9,534

824,0C2

Total last year.

•e.292

Savannah....
Mobile

11-

5

Same
Total

BZPOETBD TO

Texas

Corrections*...

Made up on coant of

The Exports of Cotton from New York, this week, show a
decrease, as compared with last week, the total reaching 1,483
Below we give our usual
bales, against 3,741 bales last week.
table showing the exports of cotton from New York, and their
direction, for each of the last four weeks; also the total exports
and direction since Sept. 1, 1875; and in the last column the total
for the same period of the previous year.

This
week.

11

•

—

NKW TOBK.

10-

.

;

BALTIUOBI.

BSOZ TeTBOK

7—22

Total crop.

—

Grand

6

6—

Aug.-Sept. delivery, Upland?, Low Mid. clause, 6 ll-3Jd.
delivery. Uplands, Low Mid. clause, 6 7-32a3-16d.
May-June delivery, Ui>landi?, Low Mid. clause. 6>^<l.
July^Aug. delivery, Uplands, Low Mid. clau.se,' 6 5-16d.
Aug.-Sept. delive'ry, Uplands, Low Mid. clause. 6>id.
Monday.— May delivery. Uplands, Low Mid. clause, 6 3-32d.
June-July delivery, Uplands, Low Mid. clause, 6 3-lQd.
July-Aug. delivery. Uplands, Low Mid. clause, 6 0-32d.
July-.\ut'. deliverj'. Uplands, Low Mid. clause, 6)id.
Aug.-Sei)t. d.-livery. Uplands, Low Mid. clause. 6 n-3'2®5-16'l.
Tuesday. Au:^.-Scpt. delivery. Uplands, Low Mid c'ause. 6 U-32J.
June-July delivery. Upands, Low Mid. clause. 6 5-3?d.
Juli'-Aug. delivery. Uplands, Low Mid. cl lusc. i)^d.
,
.\ug.-Sci)t. delivery. Uplands, Low Mid. clause. 6 5-16d.
June-July delivery,Uplond?, Low Mid. clause, 6 3-16d.
Juiy-.\ug delivery. Uplands, Low Mid. clause, 6 9-32d.
Ana. -Sept. delivery, Uplands, Low Mid. clause, 6 ll-32d.
Wednesday. June-July delivery. Uplands, Low Mid. clause, 6 5-32d.
July-.\ugU8t delivery, Uplands, Low Mid clau-'e, 6 9---;2d.
Aug -Sept. delivery, Uplands, Low Mid. clause. 8 11-321.
July-Aug. delivery. Uplands, Low Mid. clause. 6Ki@9 32d.
Aug.-S(M)t. delivery, Upla^d^', Low Mid. clause, 6 U-32d.
TnuBSDAY.:—June-July delivery. Uplands, Low Mid. clause. 6>id.
June-July deliverv, Uplands, Low Mid. clause, 6 S-32d.
July-Au?. delivery. Uplands, Low Mid. clause, 6 7-32®') 3-16J.
Aug— Sei)t. delivery. Uplands, Low Mid. clause, 6 9 32d.
April shipment, Orleans, Low Mid clause, by sail, SJid.
Friday.- May delivery. Uplands, Low Mid. clause, 6d.
June July delivery. Uplands, Low .Mid. clause, 6 1-161.
July-.^ug. delivery. Uplands, Low Mid. clause. 6>i@5-32d.
Aug.-Sept. delivery. Uplands, Low Mid. clause, 6)4 d.
May delivery, Orleans, Low Mid. clause. 6 l-16d.
June delivery, Uplands, regular contract, 6d.

May «— June-July

AH others

13

'

delivery, Uplands, Low Mid. clause,
3-32d.
June-July delivery. Upland:*, Low Mid. clause, 6 3.16(l.

Spain,Oporto&Qibraltar&c

19—132

6

es

Saturday. —
May 3— Mny-Jane

24
56

7-

.

,

Ji'utures.

Hamburg

39—279

30-

146,0JO

Other ports

60—352

22

31-2,000

Havre

56

22 -123

Satur.

Spot.

Mid. Upl'ds. ..@6 3-16
Mid. Orru-. ..®6K

<000
1,005,000
612,000
40,000
24,000
10,000
841,000
158,000

show the daily closing prices of cotton for the week
Wednes.
Thurs.
Fn.
Tnes.
Mon.
©i ?-16 ..©') 3-10 @6 3 16 ..@1X
..@6«
5-16
5-16
@6,','
..©,6
.@3
..(B6>i
..@6X

Total to Gt. Britain

7...

26

table will

lotal French..

43

30-159

215,0D0

Bremen and Hanover.

65

5...

The foilowiQK

38.-).nno

137

63

.

Amountalloat
of which American

C,0ri0

2,000
1,025,000
629,000
67,0CO
52,000
6,000

81,000
66.000
8,000
356.000
202,0CO

12.

41,000
10,000
33,000
3.000

3.'S.0J0

1,021,(X)0
6-20,000

13-2.000

May

5.

51,000
13,000

30,000
6,000
3,000

100,000
4,000

127

.

H.OOO

of which American

74
50

2J...

46.nou

Actaalexport

Liverpool

4...

30....

jDly

117

11...

18—

"

119

121—446 151-570

159

171-626

19...

"

136

115—520

lOJ

116—396

31...

•*

132

152- -594

n.

Jane
"

110

95

142

10...

Kay

111

138

28...

Harch

April

1.33

21...

Sales American....'
of which exporters took
of which speculators took
Total stock....
of which American
Total import of the week

3.3.000

17,000
23,000
4,000
3.000
1,005,000
BuOO.OO

WSKK SHDIN8

154

138

162

b&leg.

Forwarded

May

April 28.

April 21.

Salesor theweek

13, 1876.

Bxporta olCottonCbalesirrom Neur York since Sept. !> I8T5

142

7...

14...

96

141

[May

Florida
8'th Carolina
N'th Carolina.
Virginia
North' rn Ports

Tennessee, &c
Foreign

1.472
1,791
•••j

1,165
761
1,C51

i.m

This Since
week. Sept.1.
16,9.S6

1,14
719

f,724
26,468

626

17,181

2,.303

6

li8S6

9,678

132 20,892
1,011

62j66

1,819

71,058
62,821
4

867

633

32,267

52,394
65
5,761

45?

59,406

1,168 112,068

5,563 253,490
4,681 292,159

1,020 105,974

—

Shipping News. The exports of cotton from the United
States the past week, as per latest mail returns, have reached
So far as the Soutliern ports are concerned, these
57,834 bales.
are the same exports reported by telegraph, and published in
The Chronicle last Friday. With regard to New York, we
include the manifests of all vessels cleared up to Wednesday
night of this week.
.j,„tg, ^j,,,,

Nbw York—To

Liverpool, per Btrs. City of Cheater, 1,195. ...Scythia,

251.... Baltic, 42

1,438

May

THE CHRONICLR

13, li76.]

New Obleans— To

Liverpool, p«r eteamcr Chillao, 3,3.i3....per ililps
Arclnrns, 8,867. ...Kentacklan, 3,89!!. ...City of Liverpool, 8,048

...Thorodean, 4,007... per bark Fleetwlug, ),5J»
18,365
Te Havre, per Bteamor Btrasfiburi;, 3,'2:4... per elilp Xanqnam
B,?e9
Uormlo, 3,815
per ablp Mary S.
To Bremen, per «tramer Strassburg, 1,017

I

Rl.'gs, 4,I«
To Cruntladt, per bark DannthlOK, 1,6J9
JIOBU-E— To Livelpool, per Bhip Quoin, 4,046
To Corimnn, per bark Eloisa, too
Cbablektck— To Livcrpoel, per bark La Plata, 2,033 Upland and 89 Sea

5,179
1,5»»
4.0I'<

800
J,01S
S,«00

Island

To Cronstadt per bark Aaron Ooiidey, S.tOJ DpUnd
Sava.vsau— To Llverpojl, per ship Transit, 4,0 S Upland and

Sea

3

'...

Island

1

4,098
8,(00
803

ToKeval, per steamer Berlin, 5,000 Upland
I

TBXA9— To Liverpool, per brig Hello Waters. 803
To Cork for order?, per barka Virgo, 1,630.

.Frederlcka and Caro-

.

.

lina, ^CS'I

Boston— To

8,410
1,834

cteamirs Atlas, 684 . . Maesachnsetts, 1,150.
PBiLADELPiiiA—ro Liverpool, per steamer Illirols, 4S5
8ah FnANCisco—To Liverpool, per ship Admiral, 46
Llveri)ool, per

.

485
46

Total.

The

57,^24

particulara of these shipments, arranged in our usual form.

are as foUotrs
Liverpool.

WewTork
New Orleans

Cork. Bavre.

1,488
19,«65

Bre-

Cron-

men.

Bladt.

Corunna. Total.

Heval.

1,

6)869

Charleston

S,0.-a

Savannah
Texas
Bostos

4,033

300
j'.eoo

6,000

803

3,210

485
46

SanFraucisco

485
46
8,210

Total*."... Tf ..34,137

Cotton freights the past

-5,179

6,869

4,1S9

week have been

—

—

Havre.
Steam. Sail.

-Liverpool

,

Steam,
d.

300

5,000

(oHowb

as

Steam.
c.

Sail,
c.

Xcomp,

.®«

Ji'comp.

..®H

>icomp.
Kcomi).

Wednesday

EoROPBAN Cotton Markets.

Steam.

Sail
c.

c.

Jicomp.
Jicomp.
Jicomp.

%comp.
Jicomp.

— In reference to

—

LiVEBPOOL, April 37. The following are the prices
cotton compared with those of last year

of

Ameri-

Sea Island. 18

18

14

G.O.

Ord.

Upland

5
Mobile. ...5
Texas
5
N. Orleans. 5X

19
17

20
18

L.M.

Mid.

G.M. Mid.F. Mid.

6if
6Ji

63i
6)i

6>tf

6>i

22
19

7Y

5,S

6 1-10

13
16

21

No. 2
Superfine State
ern
Extra State, &c

&

«

1874.

1875.

1876.

1875.

bales.

bales.

bales.

bales.

bales.

63,340

121,400
4,230
9,670
1,490
51,160

75,:3S0

25,402
647

26,570
5,768
1,167
7,842
60,677

Brazilian
550
K ryptlan, &c. I0,'.«0
W. India, etc.
4(0
B. India, &c. ie,050
93,320

188,030

4,610
6,500
2,C00
26,630

1,651

8,S83
69,481

131,414

99,905

115,320

exliaa..

City shipping extras.. ..
City trade and (amlly

5

00.^5

25

Amber
90®
35®
tmt

5 30
6 75
6
8 75
4 50(^ 5 75
5 15® 6 85

Rye

flourj

Buperdne..

The movement
lows

88,870
9,060
25,7(10

407,130
706,810

:

....

8)®
«0^
60®

1

do..

..

1
1

Te'low Western, new.
Southern new
Rye
Oats— Mixed
White
Barley— Canada West...
State, 8-rowid
Slate, 4 rowed
Barley Ma t— State

6 15
3 2^

1

05®
so®
35®
66^
61®
6K%
80a
37®
44a
00®

S»
tfr

i

4»
60

1
I

B4
fki.

70
9*
47

6*
20

I

&

....

90a
10®

...

.

Canadian

in breadstuSs at this

1<

1

4i

1

Peas—Canada.bond&froe

3 66

1

1873 181

White
Corn- West'nmlxV, new

.

9iit

market has been as

1

1

!

CO

1

IS

fol-

:

—EXPORTS PROH NBW TORK.

TORS.
—»EW
—,

-BE0SIPT9 AT
1876.

,

week.
Flonr, bblf.

"

.

"

.

5?,674
5,133
3J9,6;0
663.390
20,175

,

8.5,181

C. meal, ".
Wheat, bus.

Corn,
Bye.

Barley. "
Oats ..."

1, -517,941

61,450
4,872,958
6,176,118
8n,lll
1..691.205
2,380,76!

S5?,521

.

,

1876

Since
Since
For the
'75. week.
Jan. 1. Jan. 1, '76.
week,

For the

1875.

balep.

80e.

jTia

i

No.I spring
Red Western

4 50

3

The following statement shows the sales and imports of
week and year, and also the stocks on hand on
last

069

4
2

cotton tor the

Thursdiy evening

4

Corn mcal- Br'wine. &c

146,0<i0

and

Wheat— No.3 8prlug,bQ«b41 loj
Wo. 2sprin){

4
5

do XX and XXX
do winter X and XX..

&

1876.

3 60

Western Spring Wheat

Liv., Hull
other exp'tfrom
outports to date—,
U.K. in

on spec, to this date->

OOa

Cornmea —Western, Ac.

1'A

in bond,

Uraim.

bbl. |3

West-

8 7-16
8 9-16

:

,—Taken

Canada

are closing quotations

8%

Since the commencement of the year tho transactions on
spyculation and for export have been
^-.\ctnal exp.from
Actual

Total..

active at 8SJc.@90c. for

Western. Canada peas have sold down to OSc, to arrive in
bond. Barley and barley malt are nominal.
Oats ruled dull and depressed until yesterday, when at soms
decline there was a large business, including No. 3 city-graded
mixed at 39}c,@40c., and No. 2 Chicago at 40io. To-day, lher»
was some further improvement, with a fair business.

brands
6 502 8 50
Southern bakers^ and family brands
7 OC® 8 75
Southern shipp'g extras.
6 .3.6® 6 60

G.M. M.F.

7 15-10 8>i
8
S3<
8
8Ji

V^

6 7-16

date 1875.^
Fair. Good.
19
23
20
17

Mid.

maintained, with recent sales ol
and sail do. for Jane at 01c.

at aO^c,

for

Unsound winter

^Samo
-Ord.& Mid-,^Fr.&G.Fr.-.^Q.&rine-

American

May

Floob.

ciin

do

steamer mixed for

extras

1876, states

Florida

been tame, but prices well

The following

these markets
our correspondent in London, writing under the date of April
ii).

•

most qualities of winter wheat, were neglected. |teciilpts of
wheat at the West have fallen mach below last season, and th»
visible supply has been rapidly redoced by the recent large
exports, so that the stock is more controllable, both as regards
quality and condition. To-day, prices were l(g3c. higher, witU
choice No. 1 spring sold at f 1 33. The demand wa«, mainly for
milling and for export to the continent.
Indian corn has arrived more freely and raled lower for immediate delivery. At the concession, however, an active demand
sprung up, new Western selling at 00@60ic. for steamer mixed,
and 61(gC2c. for sail do., with damp at 56(»58c. Prime Southern
white in boat loads brought 70c. The speculation in futures haa

,7^comp,

Xcomp.
Xcomp.

..@«
..@X

Thursday..
Friday

67,821

:

— HambHrg.—

Bremen

,

c.

Bttnrday...
•

&xmer, with 4,000 I>bl8. common shipplag extru lold.at $3 100
$5 15, but a scarcity of freight room checkinl the demand.
The wheat market gathered strength aa the week advaaced
and in the course of Tuesday afternoon aod Wednesday moralBg
a large business was done, mainly for the Contineol, locIudiogth»
better qualities of No. 3 spring at $1 19(g|l 22, In store and afleat,
and No. 1 at f 1 27@|1 80. Low grades of spring, as well

Rye has been

.._

I,8:i4

Philadelphia

Monday....
Tuesday...

81,842
4.316
4,67«
9.098
4.613

S',i79

4,046

Mobile

477

1,11P,640
62,855
3,437,9J3
7,0i3,6B2
12,375

46,332
4,469
815,863
420,431

81'',864

....
....

2,191,467

3,310

,

J:in. 1.

,

1875.

For the
week

Since

.

Since
,Tan.

;

6 5.7Sr
6«,47l

729,765
68,111
7,614,910
4,40!,8'0
10?,604

83,060
2,092
115,434

.',6.i0.8jl

iSS.OflJ

4,',21.95l

16,733

64,I4S.

77,290

3,054

41.13&

no

The following tables show the Grain in sight and the movement of Breadstu9°s to the latest mail dates
RECBIFTB AT LAKE AND RIVER FORTS FOR THK WBRK BNDIf O
MAY 6, 18T0, AND FROM AUOUST 1, 1873, TO MAY 6, 1876
:

:

SALES, «TC., or ALL DKSOBirTlONB.
Total
Same Average
Sales this week.
,
this
period weeklysale^.
Bx- Speculation. Total.
year.
1875.
1876.
1875.
Trade. port

-

American.. bales 41.963

"
910

Brazilian

9i0
860

8,800
4,310
,,„

Egyptian

Smyrna

&

Greek

I

"""

West Indian....)
Bast Indian
Total

7,8S0

57,280

2,860

60

45,760
3,7J0
4,7;0

370

60

S69,3i0
66,910
63,500

617,690 41.3;0
184,940 3,520
97,030 6,370

700

970 1
_»n
'™
37,580 f
830,960 7,O}0

!»,110

66.7J0

(

2,650

383

10,9S0

15,930
822,950

4,940

3,290

65,490

9)0,320 1,198,900 59,060

1

To this
This
week.
American

bales. 65,684

Brazilian

12,6')8

Egyptian

2,258

Smyrna and Greek
Westlndian

1876.
1,069,418
136,657
170,05!

To

1875.
8?6,6<;9

110

883
11,992
181,547

80,714

1,503,442

1,461,906

This
day.
620,420
141,960
145,810

860
6,720
105,620
1,020,510

6,100

Detroit

1,710

Cleveland
St. Louis
Peoria
Duluth

6.189
8,585»
19,819

SI,
1875.

1875.
514,450 2f5,720
61,1130
71,710
86,000
101,330
1,870
9,950
5,170 ^
198,420 171,070

616,770

BRE ADSTUPFS,
Fridat, p. M., May 12, 1876
market remained [dall and somewhat depressed
during the early part of the week, but on Wednesday, stimulated by the belligerent aspect of affairs in Europe, an active
demand sprung up, and in the course of that day and Thursday
twelve or fifteen thousand barrels were taken by shippers, mainly
at l.'jiaJS 30 for extra and fancy State,
Other grades are without
essential change, though less depressed than early in the week.
Production is now on a large scale at all points, but receipts at
this market are as yet quite moderate.
To-day, the market was
flour

—

465

8,5''0

1,460

Total Jan.
Same lime

bush.

bush.
(56 lbs.)
•-~801,405

21!',68J
O-i.654

15,0U

330,976
45,014

19,->,493

29,991

47,240

17,743

700

.?,600

63.668
16,640
7,678

401,268
237,800

l,7i7,688
1,728,346
1,1(1,7:0
1,344,673
20, 810,801

H75

Same time

1874

Total Aug.

1

Same time
Same time
Same time

1874-5..

15,277,768

Barley,
bush.

Oats.
bush.

(60 lbs.)
161,741

to date.

1

Com,

Wheat,

Total
Previous week
Oorresp'ng week, '76.

*

The

-

Milwaukee
Toledo

date Dec.

892,950

Chicago...-

bb's.
(196 lbs.)
8,522
34,681

10,1!K1

Same

this

date

167,577
133,819
1,793
17,625
251,423

East Indian
Total.

date

At—

.36,.j50

-Stocks.

-Imports.

Floor,

Itja,
bi^ls

(48 llw.) (56 lbs.)
-_
-81.497"
16.701

lbs.)
(32
--

26,006

8£0

81,843

12,V68

ir,3

40i»
i.KtlO

81,0^4
!11,5C0

5,365
11.130

4.SS2

010,184
(93,970

71,»««

461.6.39

87,180

65r.6l3

8:3,245

18,i7*

6,,30\»63 1 ,407.82;
6,915.9)3 1 ,4(»,42i
6,027.621 a ,0A"85

407.(.'»

8%8i3

2S,854
13.71*

892.7

»

5-.3,e6'i

187-3-4...

40,13,6,339 20,580.073 0,941.307 I.W'.7»»
.34,484,240 17,«54,0.SS !i.693,I.Vi 1.C77.41S
41,816,403 8 ,3n.l(.7 6,8-v).7I0 ^BK.IJ'W-

1872-3...

44,1T1,09S 19,268,<T3 8,S 9,993 I,'8$,e8r

todate

Estimated.

Shipments of Flour and QR.\.rN from the ports of Chicago,
Milwaukee, Toledo, Detroit, Cleveland, St. Louis, Peoria and
Duluth for the week ended May 6, and from Jan. 1 to 1I«; 6„
inclusive, for four years
Flour,

WeekMay

1876
April 29, 1876
Cor. week '75
Cor. week '74
Oor. week7J
Cor. week '72
Cor. week '71

Jan.

6,

1

May 6,

at.

bush.
2,307,082
1,359,860

.
.

r3,309

1.957,197

.

137,'fi5

1,47T87I

81,570
91,835

0,679
1,250,818

.

.
.

80

3>

','87

I

C^rn,
bush.

OalK,
bujh.

8'J3,785

4!.1,'8I
t.i7,3-3

1,720,939
1,520,427
1.14J,270
1,'8',911
1.773.180
1,135,457

lS7d ,1,3,5.3, •'26 9,707 173 l«,''5i.303
1876.... ,1,561,751 6,S92,02> 9,015,497
2.O,-,7,105 15.910,137
7,608,759
1874 ...
time 1873.... .l,9fli,«21 5,500,'63 8,ii5l,9T4

to

Same time
Sumo time

Same

Wh

bbl-.
181.401
111,218
91.877

.

BarlcT,
bu^h.

Rv«.

bnsb^
81. St

183.3 6

50.190
44,816
!4,S7«

W

ai,1.)«

s.-sr

63.489
»i.(W»

1I,S!«

637.:^

SII.Mi
218,,3SS

10,776

2.*,331
4.18--,OI6
3,"

2 ,901

;

,'63.521

7S3,|l7

4,OI3,T;« ,1:0. IS!
3,9.3 D20 1,4C»,S4S

47,M>*

f.*»
t'.tss
11.

SS

S.C1B

Eii«

8,SST,TH
liXft*^

4

THE CHRONICLE

4*/

aoBirrs ot rLOUR and orain at 8ba.boa.hd forts roR TBI
WBEK ENDED MAT 6. 1876.
Flonr,

At—

«wTork

bbls.
S9,704
30,15)
15,880
18.500
14,090
34,4.9
6,a64

,

BMton
TOrthnd
oatreal
TbiladelpbU
Biatimore

nOtleaiu
Tl>Ut

178,380

•iPmrkMU week
'vnk>7»

W.
Am4

15:i.73t

Wheat,
»,000
7»,959
19,800
147.400
33,425

658,130
813,489

Total Jan.

1

49,500
15,100

700

'860

4«0.S00
464,000
73,171

100,000
33,CO0
30.968

33,500

1.786,313
1,743.013
1,530,617

433,805
3)1,4M)
336,711

98.450
40,563
4,894

41,810
24,410
600

5,4.33,805

1,7.'56,671

5,330,657

393,380
6«5.870
998,857

147,474
57,693
400,665
33,368

to date.3,000.96t

7,875.305 33,933,677
i,9in,8St 6,887.00119,393.634
3,794,019 13,834.166 15,389.891
3,309,593 3,305,046 9,900,396

SaBetimel875.

ewutlael874
Same time 1873.

Barley,
Rye,
hosh. bnah.

bosh.
331,183
81,155
17,800

....

311.355
170,301
at Montreal, 4,180 bash. peas.

OsU,

Corn,
bash.
535.214
334,138
30,500

bash.
39.1.846

4,«08,t.'<0

6,689,466

34,810

8CU

4,500
1,700

Thx Visible BnrpLT of Qbain, comprising the stock In
gnamry at the principal points of accamalation at lake and
•board
~

ports, in transit hj rail, and frozen in on the
lakes, May 6, 1876

New

Tork

and on the

Wheat,

Cora,
Cora,

haah.
In More at ITew Tork

1,863,836
5,600
401,6:6
1.945,471

Id atore at Albany
to Btote at Buffalo
In store at Chicago
In store at Milwaukee
In atore at Dalath _
In store at Toledo
In store at Detroit

1.6I1.5'i5

bush.

Rye.
bush.

33,301
30,500
1,530
133.351
118,030

16,365
35,400
1,819
67,583
9,936

13',4CO

'397

Oata,

39,000
606,965
140,168

331.694
30,916
35,000
417,317
86,515
181,863

4'!c',80O

111

More at Peoria
In store at Boston

fti

Toronto

store at
In store at
In store at
la store at

bash.
4.37,38.

Barley,

167.775

at Uevrego
b store
store at St. Louis

Ib

bash.
173,090
13,000
3,811
1,390,715
18,014

Montreal

Philadelphia
Baltimore
lake ehipments, week
liake shipments, last week...
KaU shipments, week
On New Tork canals

Total
April 39, 1876....

148,657
135,000
818,368
8,768
135
680,930
488,360
335.000
30.891

600
20,135
340,000
306,643
460,004
558,006
1,343.731
100,000

1.846,01)8

847,407
450,944
400,000

-,11,531,834
..11,644,711
..10,943,714

-Mays, 1875

5,731,674
5,139,973
8,586,801

343,303
91,S9J
30,000
131,767
88,863
117 337
8.803
31,353
110,000
35,000

9,836
35,000
39,693
4,130
7,013
39.. 11
10,303
10,000

8*,:ti6

4!833

339,138
405,418
130,000

45,357

3,934,338
3.8«0,113
3,079,730

614 376
577,694
174,988

SOO
10,000
1C,300
4n,65a
86,78"
1,333

37,183

3B1,.304

267,744
5i,:J53

tr^de

movement

week

this

Fbidat. p. M., May 13. 1876.
has continued sluggish with

"manufajturors' agents and importers, and jobbers h.ive aUo been
doing a comparatively light basiness. Wentern, southwestern
juftd

California jobbers bought a fair quantity of assoited mer-

renewal of assortments, but the demand from
Southern and near-by States vrag comparatively unimportant.
3lMie were a few large transactions in cotton goods and calicoes,
•wliieh were closed out by manufacturers' agents at low figures, in
4iTder to dose their half-yearly accounts with the mills, and a
more active demand fer heavy woolens was developed. The event
of the week was an auction sale of the Bates Manufacturing
•Oompany's crochet and honeycomb quilts, which was held by
Townsend, Montant & Co., by order of Messrs. Wright, Bliss &
Fabyan, the selling agents in this market. The sale was a great
nccees 1,293 cases, amounting to over $100,000, having been
-doMd out in. fifty minutes, at very fair prices. The entire stock
-«Ji«udi8e for the

—

—

—

of Garner's prints ail makes was sold to a leading jobbingkfN»e, and offered to the trade at exceptionally low fibres.
Domestic Cotton Goods.— The export trade in cotton goods

iMsbeen a

little

more

active,

and 1,389 packages were shipped in

tke course of the week to the different markets. Great Britain
iMTing been our host customer.
Brown sheetings and drills

was in

steady, hut moderate,

thne was a fair inquiry for
aad vide sheetings. The
diirtings

was

demand

fine

at unchanged prices, and
and medium bleached shirtings

stock of

—

which were

in better

Tickings,
in,

except

demand by Western buyers.

Cot-

tonades continued dull and weak.
Corset jeans and satteens
«hanged hands in fair, amounts, and rolled jacconefs, cambrics and
Slesias moved slowly.
Carpet warps were in improved request,
tuid thffe

was a

fair inquiry for

domestic twines.

Print cloths

-maained dull and nominal at Sfc, cash, to Sic, 69 days, for exPrints were dull in first hands, but fairly active witk
=tt» SAa.
jobbers who had cheap lots to offer. Garner's productions were
jobbed as follows

:

Garner's fancj, 3ic.

Amoskeag

;

do. shirtings, 5c.

;

do.

and Wamsutta fancy and
mbes, 4ic. Southbridge fancies were reduced to 5ic., Hamilton
do. to 6c., and Knickerbocker cambrics to lie. Ginghams were
to steady request, and cotton dress goods ruled quiet.
Domestic Woollen Goods.— Men's-wear woollens have been
to irregular demand. Light weight cassimeres and worsteds
comparatively quiet, bat the krger clothiers of tliis and
Bcdids,

5ic.

;

fancy,

offers of price concessions

by some holders, and satinets

continue'

in moderate request.

Flannels were in about the usual demani'
for this time of year, when it is yet too early to look for larg:

and carpets were rather quiet

transactions,

in first hands
with jobbers. Dress goods mere in fait
request for small re-assortments, but shawls continued depressed.
Foreign Dry Goods of nearly all descriptions have been quiet
in importers' hands, and prices are generally low and uasatistBctory.
Dress goods of a fancy character continued dull, and
many makes are selling at less than the ost of importation.
Staple dress goods are fairly steady, but are paying a very small
profit.
Silks were sluggish, except millinery makes, which wen
freely distributed through the auction rooms. Liuen goods wer
quiet in first hand.", but values are well maintained, and whit
goods moved slowly. Embroideries were in rather better de
mnnd, and lace goods brought fair prices at auction. Woole
goods for men's wear were a little more active, but prices ar
very low, and unremunerative to importers.
Kibbons, hosier
and gloves were severally 'n steady request.

although

'ffa

fairly active

annex

prices of a

Brown
:-4
8-4

Allendale

do
do
do
do
do

19

33

....9-4

-ii}i

..10-4
....11-4
....12-

S7X

Andro8c'ggln.H-4

37X

.

do

30
85

few

articles of

Width. Price.
Exeter A
36
Great Falls
36
8«
do
S 33
T'/,
do
K ..
9X
do
J 36
KX

M

Oramteville.. 36

do

7

Indian Head. 36

do H. .. 86
do P... 37
do LL.. 36

8

110

7

do
..
do
do
..
Ind'n Or.RR.
do NN.
do EE.
do AA.

.

V

Appleton A.. 36
do
N.. 33
Angai-.ta

36
do
30
do A.... 37
Amoskeag. .. 36
do
.... 45
do
...
48
do
.... 60
do
A.. 40
Boston
16
do
40
13-4
do
8-4
do
do
9-1
Broadway.)... 36
Bedford R... 30
Boott S
48

W

do
do FF
do RR
Cabot A

....

Continental

C

48
86

W.

7X
5>i
13!<
14
19
....

..
..

Z....36

W

36

..

do

B.

8X
13X

W,
9

lOX

7«
8
9

IIV

..

9X
9

8

«H
9H

H

7V
9>

B

do
do
do
do
do
do

9>i

8

Suffolk

A

S7vr
Z-Hi
13

7
7

7V
Wt
9

13¥

Waltham
do
do
do
do

8

do

..

8

do

8

33
37V
;i3i,

7
flV
7-1

9S
11V

8

«M
9^
9!,

9
7
7

7
13!,
Sfl

as
3(1

33
31
67 X

5-4
5-4

IflH

..9-t
....10-4

33H

..

85
30
16

...11-4
R.... 40

W.... 34

9K

40
36

13X

AA

KX Wachusett
10
15

18

K\

A

h5 Warren

W

R

36
TremontCC. 36
UDca
36
do heavy.. 40
do
48
do ..
68
do
73
do
86
do
96
do heavy... 110

36

do E... 36
do
..
48
Newmarket A 36
do
D 36

PV

36
36

B

do

S
ss

fl\

Island.. 36

Swift River.. 36

9

7V

.36

.

Stark

Rvr

,13V

Poca88etCanoe39
Portsmouth A 86

H«

8«

H

30
36
40
48
7-4
8-4
9-4
10-4

doN
Pea not A

734

do
B.... 86
do
S..., 36
do
9-4
do
... .10-4
do
11-4
Langdon GB.4-4
Mass. J
29
do E
86
do BB
36
do M
40
do standard 36
Waxwell
40
Medford
36

8<

q

30
33 (
as
371

do
.39
SaranacfineO 36
do
R 36
do
E .56

11
7

LaconiaO.... SH

do

30
36

.

—

7-4
PepperoU
do
.... 8-4
do
.... 9-4
....10-4
do
do ....11-4
do ...13-1
do E fine. 39
do R
38
do
33

Plum

.38

T

Width. Prio
Pacific extra

Putnam AA..

Plttsfield A.

9«

36
38
86
36
36

8V Mystic Biver.
ex Nashua fine
"^H
8

1%

36
36
40
36

E

Laurel

8X
13 S

15

..

Lawrence D..
do
XX
do XXX
do
LL.
do
J..
do
T.
do
do

9>.'

:0

DW.

do

I

40
48
30
33
86
40

.

Lyman C

6%
6X

vs^
8

Hartiaburg A. ?6

Langley

37X

H

40
33

..

»«

8

ZZ... 40

do
do

11«
33
23

8X

36
DwightX... 30
do
T.... 33

ijtar..

8
8!<

96
36

Crescent

do
do
do
do

6¥
B«

9

S.. 30

AAA

8X

31i

do
D ..
Conestoga IT. 38
0.. 30
do

do
do
do

(,\

Hallowell

7
8
9

..7-S
36

30

"H

domeatic manufacture

and Shlrtinx*.

Stteetluics

10-4
Adriatic
36
Agawam F... 36
Alabama. ... 36
Atlantic A... S6
do D.... 36

..

...

do
do
do

9

..

30
40

ISiK

..

46

14

.

8

9H

Denims.
Amoskeag.

toade at TJc. by the package a very low figure.
dcBims, and other colored cottons were lightly dealt
cieviots,

other cities were more disposed to operate in new styles of heavi
and worsteds, as well a* desirable makes
fancy overcoatings for the early fall trade. Cloths and doeskio;
were taken by the trade in comparatively small amounts, but ar<
fairly steady in price.
Kentucky jeans moved slowly, despit

Wessacumcon B bleached
do
who offered them to the Boston

sold to a jobbing firm

13, 1876.

cassimeres, suitings

Width. Price.
I'soo
1,300

THE DRY GOODS TRADE.
The

|M.y

&....

Beaver Cr.AA.
do
BB.
do
CC.
Columh'n h'ybro
do XXX bra

ao
15
9
15
13
ll)i
IS
IT

Thomdike A..

Carlton
Everett

a)

Lewiaton

OtisAXA
do BB
doCC
Pearl River..

14
13
19
10

.

Palmer

10

Uncaev'eUCA.
Tork
..
Warren AX A.,

14

30
16
11
IS
10
10

do
BB.,..
do CC. ..
Gold Medal...

Haymaker

Cotton Sail DncK.
Woodberry and Dniid No. 10
Mills and Fleet!ving.
Light duck-

S3

Bear (8oz.)391m..

No,l
No.3....

N0.3
No, 4

N0.6
N0.6
No. 7
No. 8
No. 9

38
36
34
33
38
30
39
35
34

do heavy (9 02.)...
do light
do ex heavy bear
Mont. Ravens 29in.
do
40in.
Stark, 8 oz
'•
lOoz
Columbian
Ravens

15
IS
16
:o
17
36
15

2J
16
15

Ontario and Wood born
USA Standard 33X In.

do
do
do

9oz.

SO

10 oz.
13 oz.
15 oz.
do
Ontario Twls, 29in.
do 31ln.(802)
do 36 In....

?1

36
33
IH

20

Ez twhi'Tolbem's'

11

OIlsBB

13

5c.,

Stripe*.
Aaapha
Americin

0-11

Cordis awning

Amoskeag

,.3-14

Columbian

do

lOX

Cenlnry Chev't.
.

13X
U)i

Everett Cheviot
Everett heavy..

14

Hamilton

1!K

Lew'n AA.ClieT.
do
A...

fancy
Bates Cheviot..
Belm'nt Chev't
Clarendon do

Creedmoor do
Cherwell do

10
10

Massabeslc

20
S5-S734'

10¥
13¥
17
13-14
13
13
13

Park Mills Ch't
ThorndlkeA....
do

B....

Uncasvllle A...

do

UCA.

Whlttenton

AA

do
B...
do fancy XZ

nn
14
13

10-11
12-18

n%
lOX
ts

THE CHRONICLR

&faf 13, 1S76.]

latrortalloK* or Dry UvoAa.
The Importations ot dry t^Mvl• at thia port tor tho wetik ondleo
Mk; III 1870, and for the oorreapoadintt week* of IStS aoJ
1874 have b«^n as folloirs
nTsasD roa ooMacarTioii voa TBI wica nrouia a*T
>ffJ4

>

Plus. Valae.
Manofactarssof wool.... btS fiW.OiT
cotton.. «n
do
«);,7I9

do
do

silk

V».rX

SSI

U.SN

«,IU

|l,t»i.tiiU

nox

MtoDfirtaraeol wool....

do
do

4.V)

«W

cotton..

—

It, \Kt'.
iirt*

U*
MS

Valnr
l»r.!M
Tsa.^M

1«.3U

apt
S^l

iin.sio
83,»;s

6?,liM

S,«M

ao.iita

4I«

tlTti,8s!T

8M
an
W8

tU.Mt
»;4.SM

3t9

$3ll.S3t
8&.»tS

Pkit*.

HAOM

S.19

liVLOM

lt»
11

4(IS

MOO)

415

lit

tt.183

IMS

S7.(RI

ToUl
1.S78
tM4.4«;
AddsBfdroreoDsnmpt's S.IU I.IMSSS

sliw

isOT,lim
iSt.CMI

U

tllk
flax

do

.

KlscslUneons dry goods,

WO
Wt

il.ltS

60JM4
dailS

line* •hnwlo|«i*<*<H«<.lao)udlax the
la Ik* lattU

«M,«i!i

b.niQ «l.a)\Wt
roUlthrownnpoDm'k't. 4.499 tl.11l,V«
8,513
IMTBSSD roa WABBHOlTSiaa ODBINa SABB rBBlODI

tl.0aD,lt)O

-j.in

ai4

t)Sa.814

cottoD..

S:ll

99.M1

3M
iM

7S.ea7

119
74

silk

&a
ao*

4t,<8l

St)

t«,n«

17

7«,0aS

lllKailaneoBS dry goodr. l.SSI

4a,M«

4i3
47

80.874
17,ia»

Msnafsctaresut wool...
flax

Toul

'i^fr

tniioi

'i.uo

&dd«ntM(or0OBSBinplli

3,li3

1,196,8J5

(,717

roulentsrmlaitheport.

MM tUI3.1S»

S,&17

»IMI9ia

t6«.4IS

%*,*»
U,H4
IM'^i

M

V.m

80

Im

jw.ia*
MifiH
tl.UO.irt

\m mi'

'^^

':

»m,7ii

4.77S

SII.SSS

ftilM

'iiw.ots

laiport* or Leadlas Artlelea.
table, compiled fro'u (.'ustom Hoase returns,

TUs following

||i:iii5ii:iiS.«|::|:S»"ii1l'«:-n|j

||piii5|5:i|:«i^«|.::5r«!ii«ii!||

:

5Same

Jan.l.*76. timelSlil'

Glass and
Esrthouware—

Since

Same

Jau.l,'7».

Umgl875

1,555

1,7H

Catlery

Hardwaie
Iron. KR. bars...

84'

7,M7

4,lfil

Vi«H

1S,77:)

11U,«8U

195 519

Lead, pigs

13,199

Glaeswaro

8,l.^ti

n.liO

Glaaa plate

a, .'41

4,33

8pelter. Ids
Stool

1S',7J8

»,1W

S,M»
8.3M

8,7.^0

5.910
578,«!M
515

Chlii.1

Kartheuware.

.

Glaas

Coal, tons
Cocoa, baj;e.

hns«

63e,iiui

Cotton, bales
Drun", Ac—
Bark, Pornvlan..
Bloa. powders...
CochlueaJ
Croara l^rtar...

1,6U

>

8.871
la.UOl

17,(111

4.U15

Oom, Arabic...

LS-ss

1,7011

Indigo

l,^8;^

1,«G'.

QambUr
Madder

4*1
«iJ

Oils, ostontlal..

OH, Olive

1I,7UI

Opium
Sodaasb
•

bales

BUIes,

Ac-

Jewelry

Watches

8i3.M9

33,4(i5

8il,lM
a4,4JV

80,898
«l,174
>J,0j1

#489.(85

tSPl.Ml

Tobscco

4411.(105

19,: 89

979

Ac—

Wines.

Champagne, bks.
Wines
Wool, bales

13,!i8I

Cigars

||:iliiiiil!i:S;35i|i;i;iiiiii:5'|=}|

SjI Corks

I7.4(.l

97,9(KI

Fancy goods

85^,9J1

Fish

16it,«08

Sl5,79N
109,611

ln7,40l
790. ns

1,118,(151

M5

Linseed
Molasses

745.5 IJ
5I0,H78
U 1, 59(1
SOU

A bags.

Tea

UU AriMti nportid bv
501
valut -

7iKl

Bristles

839.716

I0.7tlO

1,807
59,181

Hides, dresBsd..
India rnbber
Ivory
Jewelry, *c.—

bxs

10,513
919

1.551
52.038

Ac-

Fruits,

Lemons
Oranges
Nuts

317.«i6
5S9,*tS

44l,4;.'9

4,3H8,91«
IKl.l'M

53,387

Ac—

i.ra.i

1,18(1

1,910

iUi
SS9,4»9
41.579

331,(181

3lli

40,459

140,171

t,959,9.5»

,

KaUlns
Hides, undressed..
Klce

590 Spices,
9,740
Cassia
l»,15."i

||«i|;g5»5«:i«riV|iJi5l«IS|J"5|:||

»t,i7.~l

SII.7W

91.54Sa.iK >
4,I«5
3,(51

cloth

Hamp,

-i

H

A

bble

9..I77

.

Hair

8u|;ar, hhds, tcs.

i,m Wsste
25

'i

1.414
9.4 SI

89,985
149.95)
33.490
415,139
3,177,1(M

II.BBI
11.159
l,7ln

(K)5

Soda, bicarb....
Soda, »sl

SI 5, 15;

4,017,0^7
5l,tt5

slabs, lbs...

Hsgs

t^uijar,

1S.44«
u.uia
Mil
!60

•

Flax

Tlu, boxes

Tin

^

-"

"•

Ac—

MeUls,

^tilns,

Gunny

^ ij"!w-wsnnj ji

civea la pickii:ei wben not othsrwisa speclled.]

Is

Since

.

other

forelg-a

[Tbe quantity

Fiira

all

imparts ot leadlai; ariicles at thli port siooa
1870, and tor the sama period la 18i5

shows the

tJotree,

vala* of

hf\im lko«M fn4wiloasNl

n,Sn

4.718

1,

two

IT,M«
tt,aM
M.ttt

KU
VIS

f4(»,*X

Jan.

last

-aruolea

|ItS,((»

64

S1»^

do
do
do

Th« tollewinf t«bl*. oomplleU trtw OimImb Hobbb rvUn...
iSarn*,
allow* the export* of UaJiav artUUi tron lh« port ol New
York since Jan. 1, 187(J, to all tU* principal for«l|tB oouatrle*.
and also the total* for the last week, and slu>« Jan. 1. Th»

4.7-8
<jIt |«S3,(M4
tUI.SSS
wiacHoOTi and tihowm into TBI HAaawT DcaiMa rat
•ABB raaioD:

Total....

•iTBDaiiWii

s«o,'ti»

.

Valae.

Pke«.

««)
t\i

tax

ItlsctUansoasdrj goods

wn

,

479

63,839
45,391

U

"••

-.

5

•

•

-g

1.13,915

S3«,II93

9l,r78
«01,7i7

Salt|>etre

BS.480

II5,()8U

Cork

lS4,g4l

l«t,l«9

Fustic

M.3ftt>
SOII.Uil

91,14.1
197, w;

Si8,8l8

56.747

3 Si

s
ill

Oitl.I^U

Ginger
Pepper

•

|iiiiiii

:

I

um^i
a
i

:S8i

:::«::i::|:::i:e;:|:iE;i>U

WoodsLogwood
Manogany

::2iiiS •:?::::!!::!:;";! Ill

Receipts of Oomaatle Produce.

The
same

receipts of domestic produce since Jmn.
time in 1875, have been as follows :

Ashes

..pkgs.

Wheat..
Corn

Same

Since

time 1875

Jsn.I,'7«.

..bush.

2,874
l,ilB,<tO

Oil, lard

8,437,1)83

Pcanuls
bags.
ProvisionsButter ... .pkgs.

bbls.

banh.

61'.>,Uil

8is,se4
50,60U
37.508
189,099

bhlt.
bales.

K),4'>0

«-l,t55

865,110
l.OOn

991,169
900
76\86.f

Rye
Barley and malt.
Qraes seed. bags.

Beans
Peas
C. meal
Cotton
Uerap
Hides.
Hops..

bales
...No

),9H4,(i90

...bales.

34.nis

Leather.
nl<les.
Molasses. ...hhds.
Molsuses..
kbls.

1,G49,M)'J

39!8»4

7,U93,MW
9,191,467

ViX.l

(1,151

90',78i

pkgs.

Beef
Lard

.

Bosin
,

881
17,141
81,447
8.451

9.981
17,419
177.01)4

19.H47

1,:08
178,595
9.10)
80,894
888,871
937,

«0.\«75
IIM.I.«a

.

Lard... ...kegs.
...pkgs,
Rice
Starch...
Stearins.

..bbls.

97,sao
49,587
148.419
5,550
t0,tl9
190,885
9,985
9'
8.71*

eogar

..hhds

Tallow...

..pkgs.

18,"41

!!hii'is

75 001
a3.7«9

Tobacco.

Cr. turp. ..bbls.
Spirits terpen..

Tobac(;o.

for the

IM

Cheeflu

Cutmoats
|««;
Pork

1.403,119 Sugar....

Naval mores

Tsr

Pitch

s.ato
1,317.941
4,S13,058
5,476,718
5,890,762
8<),in
1,594,205
16,181
41,891

Oats

and

Since

Oilcake
7bbli.

1876,

Jan.l,'7fi.

BreadstafTi

Flour...

1,

Wlilskey
.bbls.
tWool
bales
Pleased Hogs Wo
.

51,588
1»,518
85 5(H

ininliiiSiil^hiriliilin^

ill

i

I
'

»

THE CHRONICLR

480
UENBRAL
PRICES CURkENT.
pot

V

,

a.

GUNPOWDER-

a

5

0U1LD1NQ MATUIUALS^irtctt— Common uard, afloat.. %) M

S
Croton
n OU a
ii
a
Philadelphia faolnx
bbl.
?)
110
C«m«ni— ISosendaie
a
bbl.
90 a
X«m«— Rockland, common
» ®
«ocklaad, flnlshlnB
«,«w6<r-Soather.i pine..* M lect. 20 JU a
15 00 a
WliUe pine box boards
Whlteplnemerchan.boi boards. H 00 a
« '0 a
Clearplne
3 50

700

IH)

ou
80 00
I iO
14

OaSaLdash

,•••

Clinch,
Jdflne

H

8
a
JW a
00

2 75

ixto 31n.41onger

a

5 15
3 15

Oulsplkes.allslzes

ra(n<«-Ld.,wh.Am,pure.lnoll ?> tt
Lead, wn. Amer.» pure dry
Zinc, wh.,Amer. dry. No. I
Slnc.wh.. Amer.,No.l,lnolI
Paris white. Enc prime uoldVlOCB
»OTTBK— (Wholesale Prices)—

Wf5

9

zK
7M

,?!iS

12

....»

130

HXa

V ^.
Palfs, state, fair to prime
•'
"Wo. crm'ory, fr to pme. "
ari ark., tubj.Statc.l'r to prime "
Welsh tubs, com. toselected... "

Scroll

Hoop

70 00
75 UO

lOxa

II

Steel rails

63 OU

5
10

Llverpoolhousccannal

14

a

do
do
do prime, do
4aya. mats and Dags
Hatlveueylon
Jlaracatbo

do

gold.
gold.
gold.
gold.
gold.

fair,

do good,

SiJiiyra
Bt. uomingo
Savanllla

CoaUUlca

••

"
"

"

gold.
gold.
gold.

""

10)4

Cuba, centrifugal and mixed.* gal.
"
Cuba, clayed

ISili'

20

23

18

I8X

a

Tar, Washington
Tar, Wilmington

a
a
a

liX

15
16
17

1j>4

18S

a

19

"

a

81

..a

32

.

*

Aiara.lump

2Ha

«>.

gold.
Krgols, crude
"
Argols, refined
'*
Arsenic, powdered
"
Bicarb. soda, NewcaBtle.*100ib
Sueur.
potash
Slchro.
'•

^ UO
eieachlng powder
Brlmstone.cruUcper ton

tartar, prlxe

Cream

1

65
1)0

*».

Ueorlce

"•

a
a

-

'

a
9X9
6 a
0) a

a
17
a
...a
30 a

120

cnr.

BOW
cur.

25
27
5
4
15

paste. Spanish, solid., .gold

"

"
Jtadder, French
cnr.
Hatgalls, blue Aleppo
*jr. TltrioUBS Erimstone)
'Oplam. Turkey ....(In bono, gold
friisslate potash, yellow. Am. .cur.
gold.
fOulcksllver

27
60

cnr.

2 15

Sulnlne

IXa
3

Vitriol, blue. common

8

North

ISlver,

Ao
to

15

^

»

8X

a

iUae,

21

—&

i>%

„,,_

—

SX3

a
a
a
«"*9
20 a

11
10
10

®

re.iort

AND.JJTE-

Amerlcan dressed

Anerlcai. an-lrassed
aiiBsia, Clean

12H
1|IX

^7

ZINC—

2'.

Sheet

'U

FREIGHTS—

gold. 22000

e2i5

00

Oil

260 00

i»2;5

0<1

-X

4V
iS

7

,

¥

tor.
tun.

Corn.b'lk&bgs. * liu.
Wheat, ULIks bags..
»< tee.
Beet

Pork

'.%

B.

fcX

9

9v
IC'X

lOx
8

8X
7X
7X

at

....

*bbl.

s.d. K.
....%

X
S0@...
6S3

20
43

a5<i

7

a IX

7X'(>..

60a70
4

3....

f.

Street,
MANtrrACTUREnS OP

oils— SPERM, WHALE, ELEPHANT* LARD.
CANDLiES— SPERM, PATENT SPERM, PARAFFINE, ADAMANTINE, HOTEL AND
RAILROAD.
For Export and Home

use.

WAX AND

BEESWAX.]

Olyphant &

Co.,

PARAFFINS

OILS,

COMMISSION MERCHANTS,

Hong Kons, Sbansbal,

Fooclioiv

'

Canton, China.
Rkpresentbd Br

OLYPHANT &

Co., of China,

104 IVall

St.,

New

York.

RICE.
Dan Talmage's
92 Tfall Street,

Sons,

New York.
S. C.

16 rontl Street, Netr Orleans.

Gunpowder.

GUNPOWDER
Dupont's

OX
9X

POWDER.

9

BX

DUPONT'S

GUNPOWDER MILLS

8S-16

(FSTABIilSHED IN 1801

«
a
@
®
a

46
44
IS
37

'

to

Have maintained

llicir

)

great repntation for 75 years.

Manufaclure the

EAGLE DUCKIXC,
EAOEE KIFEE, and
DIAMOXD GRAIN POWDER.

Cclcbratea

a
a
a
a
a
a

Sii

2S
ii
PO
30

(2i

jjrt

C4

27
2i
18

<a

EX

6»

»

The most Popular Powder

in Use.

A.60,

SPORTING, MINING, SniPPING AND BLAST
ING POWDER,

SATl,

.

rf.

Co.,

140 Front

9X

Bxa

11
i8
12
22
22
16

Mayhew &

LB.

SPORTING, SHIPPING AND MINING

S 9-lB.s

27
21

IN

COFFEES AKD TEAS.

10«

....

WXt
9va
a

3S
i6
48
32
25

Co.,
FRONT STREET,
UFORTERB AND DBALEBS
I&5

fj<

a
a

10

41

&

G. Arnold

Adger<8 AVharr, Charleston.
e^K

SX
7X
IX
7K

V'K%
10X4

,— STKAM

Heavy goods,

6V»
4K4
SX9

UX

7%®

....* tt, gold, net

."i"

\i\t,

I

a

13

©llilOO

•'

E. TV. CORIilES,
66X Fine Street. Neir York.

12

7K-4

Coarse

15

:0 90
17 to
21 25
12 50
13 00
21 CO

!X*
7
a
FX*

Burry
South Am. Merino, unwashed
Cape Good Hone, unwashed
Texas, line. Eastern
Texas, medlun'. Eastern
gold.
Smyrna. unwashed

9H
S%

«

10

Medium

10

9X

6X9
7xa
7K*
8 a
8 la
SV®
6X«
4
a
6X4
7sa
8X*
sxa

California. Spnns ClipSuperior, unw.^8hea

9%

11

'-".37X8

»B

a2l" 00

"
"

"

2

190 aO

'•

....

*»

"

,135 00

-VS,

li 00

Extra, polled
No. 1, Pulled

14

IfX

S^a
6X3
SX3

ToLlvsBPOCL:
Cotton
* a.
* bbl.
Flour

3 allan

"

"
"

I't.

American XX
Amerlonn, Ncs. 1 &
American, Combing

under Cotton.

Vton.

*'

WOOL—

3>i

Sy

S

@
a

....

HlOifO, Japan.

REPRESKNTED BY

3J

1

1 32

—
— 8aa
a
—
13^4

'*

Western.

16
8 00

*5

W

8X»

A

Prlmeclty,

UK

110

a
a
a
a
a

....a

"

T ALLOW

9
a
S

43
20
56
42

....fa

,

oif
dt.
do
White extra C
Yellow
do
Other Yellow

6

a

bbl. SO 75

.,

1

a

175>

"
"

Betosfi-Hard. crushed
Hard, powdere.-.
do granulaieu
do cut loat
Sol'twhlte, A. standard centrir...

5 25
2 80
8 00

.^V®
fH'i
9^4®

new

^ '^gil.

Java, do. D.S., N0B.IOSI2
Manila. Buperor to ex. sop
N. O.. refined to grocery grades.^

....

9X®

K}nerries

jCate

2 Oj

14X3

.

EBl<al

145
„ 43X

'

case

j

State, «nn»l
do quarters
'Western, quarters

"Minlla

62
....
-a

I

«
6-0

14

ToichPB. pared, Oi.gool anrtprlmo
di ur.pared. halves and qrs
niackbsrrles.new

.'iI«MP

8;x

„'*'''*

5

rmms...
rtlUNTIKA.— ''<"'

—

5% 4

^ lb
Oomestic Dried— ^ .„„
^
Anples,s.iiuh. sliced, 1873 crop. SB
Tenn. quarters
do

lia>pbcrrles,

5

10X9

'Ma'i'ironl. trall^n

do
I0

a

.,

lOX

a

1 75
1 00

"

do fair
*'
do iood refining
"
do prime, refining
"
do ialr to choice grocery....
do centr.hhds.ft bis, Nos. S@1S
Vn
Molasses, bhds ft bis
Melado
-.Uav'a,Bol,D. S. Nos.7@9...
do
do I0al2
,
do
do 1S@15
do
do
do leeiB
do
do
do 19^20
do
do
white
do
do
Porto Rico, refining, com. toprlme.
grocery, fair to choit...,
do
Brazil, bags, D.S. Nos. 9fflll

7X

@
a

"

,
Ouba,lnl.to com. rearing ....^ '•B.

15X
3

"

Lard, City steam

21

new

d->

...;
1 3"

"

SUGAR-

23
31

a

u a

perlb.

Valencia, new...

^iB-s.uew
4;anlonaiager
tSitdlaes,* hl.hoT
or hoi
'Hirdla'iJ,

ti

"

Hams. smoked

nx
86x

a

....a
2 75
2 75

<;irrant8,new
<Olt.ron,Le<horr,new
Vrnies, Turkish
French, new
do
Pater.

130

a

.„,^

Loose .Miiicatel, new
Saltann.new

...

a
a
a

,
„
rtawins,aooaiess.new,per sOjb. frail
4o !j»yer,now

4o

6X

a

» »

prima

....

l^tore Prices.
4 Oi)
5 25
26 00
27 OC
18 00
..
!•> 00
17 00
15 00
..

jiriSHGeorge's and Qrani Bank ood.pcwt
Mackerel, No. 1. shore (new) pr. bbl
Mackerel, No. 1. Hay
Mackerel, No. 2. shore (new)
Mackerel, No. 2, Bay

Yokoliama and

S to

a

15
55
40
80

1

'•

W
Pork, mesa
nominal
Pork, extra prune
Pork, prime mess
Beet, plain mess, new
Beef, extra mess. "
Beef hams, Wea'ern
Bacon, City long clear

60
4o
SI

a
i3
a
a
a

S5 a
•Uhubarb, Clilna,gooJ topr.... ••
Cal soda, Newcastle..^ luO lb, gold IW a
* 1. 34 a
S>iell l.ac
-Boda ash, ord. to good.?! 100 1b. gold 190 a
nxa
?R lb.
Sugar of lead, white

•TKJIT-

'•

Naphtha, City, bbls

5 iiO

a

PKOVISIOHS—

2!X

1 80
3 00
2 37X

42X9

gal.

"

Caaes
Reflned. standard white

2 10

12X

8X9

Neatstoot
Whale, bleached winter

Crnde,lnbulk

3X

a

a
a
«

7 CO

"

PBTROLEOM—

27
70
4 37><

33

...

Milder, natch

a
3
a

43X9

gold.

Olvcerlne, American pure
Jalap
f/eorlcc paste, Cala'irla
Clcorlcc paste. Sicily

1 9)
3i 00

6

« a

"

VltOB.

15X

2

a
"
a

1 85
3 75

casks* gall
Linseed, casks and bbis
Menhaden, prime L. I.Sound
Whale, Northern
Sperm, crude
Sperm, bleached winter
Lard oil. Winter

4 25

9

4 2U
21

"

Am. & Fr.

Catch
aambler
ninseng

3

3

"

KasHndla

Xaliebs,

—

SIX

15X3

gold. 30

f»

22

a

3
4 20

tt.

Brimstone, Am. roll
«;*mphor refined

iH

a

16

27X9

Castoroll.B.l.lnbond. *i2al..gold
"
fl i:» B)
Csistlc soda
C'lloratepotash
Cochineal, Honduras
Cochlnoni, Mexican

%i

Olive, in

DTBS-

ft

low No. 2 to good No. 2
low pale to extra pale.. "
"
wludowglass

OILS—

-COTTON— See special report.

ORUaS

Smith, Baker & Co.,
OOiniHISSION jnEBCHANTS

F.

—

a

2UX*

"

Cotton seed, crude

28
83
31
40
42
41
53
68

9

bb). 2 CO

*i

OAKCTM—Nayy,U.S.Navy&best»».

HH

a

American Ingot, Lake

••

32

,.a

oi;

16 oz.)

"

"
2 00
Pltc'n.cltv
38
» g»l. «^ ""
Spirits turpentine
Rosin, strained to good strd.V bbl. 1" 70
2 75
low No. 1 to good No. 1

19

17X»

"

NAVAL STORKS—

W

:7MS
16

Ifork.
The d oDoiDg Trade ONLY Supplied

65 U)

9
a
a
a
a
a
a

23
30
SO
32
40
35
40
45

"
"

Cuba, Mns., refining grades..
do grocery grades.
do
Barbadoes
Demerara
Porto Rico
N. O.. com. to choice new....

lo 00

I'lii

a

MOLASSES—

.^

....a
....a
...,a

V ».

Bolts

Brailers"(oTer

'

gold.
gold

<30PPKRCheathmg.new (overl2

"

SODA.
New

No. 11 Old Slip,

®120 CO
©ISO 00

43

8 00

9

mo, ord.car.eodajsandgold. V ••»

OP

S 61
S 61
7 21

a

003
00|
uoa

JUFFBK—

SVPER-C A RBON ATE

7-1

73
3 61

12
...a
Sheet, KuBSla.astoassort.. gold ^B
Sheet, slngle.double ft treble, com.
4X
45 00
Ralls. Amer., at Works In Pa.. .car. 43 CO

Co.,

MANUFACTURERS OP

73

7 21
43
48

&

John Dwight

a

SO
23
2'
33

9

ton,

1
1

Store Prices,
....
Bar, Swedes, ordlnaryalzea.fi ton. 130 00

a

23

03
Oi
03

1

Dupont's rifle, FKg. KKFg, 6k BS
1 61
Hazard's Kentuckv rifle. FKFg, FFg, and Sea
161
Shoot ng Kg. f.l^rb kegs
Dupant'rt rifle, FKir, KFFg.liHB kegs
2 9«
Hazard's Keiitucky rifle, FFFg. FFg, and Sea
kegs
12XIb
2
96
Shooting Fg,
Orange r.fle, Fg, FFg, rFFg,2:iB kegs
5 40
Hazard's Kentucky rifle, Fg, FFg, FFFg, 25Ib
5 40
kegs
5 40
Dnpont' rifle In 2Jib kegi
IKOJN8 23 DO
IP ton. 22 00
Pig, American, No. 1
'20 CO
8 2110
Pig, American, t,o.'.i
19 o« a
...
Pig, American, Forge
28 00 @ SI 00
Pig scotcn

a
®
a

26
25
23

<3HKKSK—
New state factory, full cifttm..,?! »
"
Old western, good to prime
11

a
«

•".9

,

Authraclte (by cargo)
Llvorpoolgac cannel...

82 00
13 00
2'. 00
55 00
41. 00
80 00
00
18 00
2 !5
5 50
5 20
3 20

®
®
a«

38 00
''5 Oo
18 00

HUckwalnut
Spruce boards* planks
Hemlock boards 4 planks
*atl«-:oasod.coin,fen fi sh.* keg

3 40

1

%4

1

t2 90

Electric, Nos. 1 to 5 grain. In 1 lb sq. cans
Dlamundgraln, In ln> cans
OraiiEC lightning, No3, 1 to 7, In lib cans
Saperflne eagle sponlnir, In In OTal cans
Amerlran sporting, In lib oval cans
Orange ducking, Nos. 1 toS. In lib cans
Duck Shuotlng, Nos. 1 to 5, In 6Xn> kezs
Ea?le duck sIiooIUe. Nos. to 3. In 6X lb kegs
Orange ducking. Nos. 1 to 5. In 6 < lb. kegs ..
Kagle (luck snooting, Noi. 1 to 3. liXlb kegs,
Duck Shootlnir, Nos. I to 5 gr., 12XIbs
HdzarJ'6 Kentucky rifle. In oval lib cans
Dupont's rifle Kg. FFir, FFrg. IB caLS

....

1876,

Commercial Cards.

BLASTING FOB BJJXKO.^DS, &0.

Sola, any size grain.
n.ln25ttKegs
do
do
Saltpetre
SPORTING.

B UK A.D3T D FFS— See special report.

ml|

[May 13,

d.

.• ®
»
a

2
17 6
So
6

m

s. rf.

7-32
...

15

aea

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

2 6

..„

ex

iii

i

a

Of all kinds an.l defcriptlons.
For sale in all parts of the conntry.
by

Rcprceented

F. L. Kneeland,
70 \rall street, NETT

YORK.

May

THE CHROmCLE

1876]

13,

Southern Bankers.

Boston Baakers.

&

Richardson, Hill
No.

Si}iuON'e BuiLDiNo, 40

1

Co.,

Water

St.,

BOSTON.
Advances on

Collnterals,
Inveslnient Securities.

&

Parker
BANB.EBS,

IS

and

Bujr

Securitlea execated

all flrat-Clasa

on

Stackpole,

DUVONSHIRB STREET
BOSTON,
AVestern

Sell

and

Cltr

Drpcr,
Caabler.

Co.,

BANKERS,

(FORUEr.LT lOUISIAKA STATE BaKK.)
Transacts a General Banking Bualneaa. Collectloca
m»(Ie free of charge.
Especial attention gltcn to CoUectlona, and Prompt
Remittances mad-i. Exchange purchased on all polnta
the United States and Caind i,
Sterllnc and franca bought and lold.

Stoclc

Bank.

Pabib— Messrs. A.A M. Helue.

New roBK— The

THOS. F. VILLEE.

WIILIAXt, JXO. W. SILLBB

B. S.

Commercial

payment.
(Jdireiipondeits.

— Oennan

;

Orleans

;

Back

&

Oealer In Coin, Southern Securities and ExchaBffe
Loans Negotiated. Advances made on Securities
placed In my bands for sale at current rates,
Addresa,

SaTannab,

UmSBS

^

£zoHA2reB
Pabis,

1«0X1>0K,

Geortcla.
Box 81.)
Henry Tslmadge & Co., N«w York;

AKD OTHBB COKTUrBirTAI,

South-

B. K. BtjRBnss, Prea't.

Fhila.

&

Office,

A. K. Walkxb, Cashier.

33 ITall Street.

&

aoliclted

and

iorormation

C0EIIK8P0SDISTS—McKlm Brothers

ft

Co,

STREET,

Ordera In Stocks and Bonds promptly executed
the Philadelphia and New York Boards.

Agents, J.

& W.

Seiiijman

&

at

Southern Bankers.

THE

Ciri-

BANK OF HOUSTON,

Texas.

We

Klve special attention to collections on all accessible points.
DiBECTcuis.— Benjamin A. Botts, Pres't W. J. Hutchins, Wm. M. lilce, A. J. Burke, C. C. Baldwin, W. B.
;

"y/.'-'j.v'.-.ilV."*''''"!'"^-

B^JVVVEK.MS, Cashier.

B.

S.

.•II.B.

^ViLLte, Pres't.
Kimball, Cashier.

BEN J.

A. BOTTS, Pres't.

W. K.MoALpisK.Vlce-Prea

FKKD'K F. LOW,
(„.„.„„.
TGNATZ STKISHART, Managera.
LiLlENTHAL Cashier.

......

$300,000.

J. E. Wallle. M. Quln, K. 8. .lemlson
.9s?- BcUnelder, R. S. IVUUs, T. A. Gary, W. K. MoAI>plhe, U. TI.e Ayera,.!. Bernatein, J. S. GilHDan,C. L.
Cleveland, Peler H. K»a»rJ, J.
McKee.
Special attention given to collections at all points
n too State, and remittances promptly made, without

A

ny charge except customary rates of exchange.

&

OF DENVER, COLORADO.
Capital Stock,

ST.,

2T.

T»'

Refel^ by permission to Aicsra. M. K. JesuprPatAO.
Co., New York; Messrs. Soutter A Co., New tork;
Jon. a. Norrle. hpq., President First National Huok,
Haitlmore Robert Alickle. tUq., Cashier Uulon Nat'I
Bank; Baltimore.

Railroad Bonds. _.
WIlETHgR YOU WiSU TO BUY OK SELL.
WKillS TO

.

CORRESPONDESTS.
s National Bank, and Gllman, Eon * Co.
Wells, Fargo & Co. 'a Bank, San Francisco

New York

;

&

Love

Co.,
left for Sale.

CUAH. F. PKNZKI,, Wm. KlRTEN, CBXKD T.
Frcsldout.

Vice-PresiUent.

WaLKKE

Cashier,

Savings Bank,

LITTLE ROCK, ARK.
»50,000.

'Transacts a general banking husluess, and makes eellections on all points In the South and Southwest at

BANKERS
DALLAS, TEXAS.

T.

THE NEW JERSEY & NEW YORK RB.
(Coh80lld.itl n of the Erie Railroad brA.cli to
iiackeasack, and contluuoss road*.)

$200,000

of the First Mortgage 7 per cent
<;old bonds haTing been negotiated in Knroi)e lately,
only the remaining portion of ^180,000 of the
bonds are cflered, at an advance iu the price to 96

and

interest.

The bonds will be re-purchaeed at same price at
any time within one year, and conlracteiveu to that
effect, the CdmpaiiymaJntalni'g funds in trnfii for
that purpose with
ROLLINS UROS. & CO., .
Cor. Wai: «fc Broad aia., New York.

V*

AI.DEN GAYLORD,
curit'es.

No. 81 Wall

St.,

MlecellaneouB Be
\ork, (P.O.Box

New

Special attention kIvch to St. Louts City and
County itonds; Mlaseurl County, City, Town and
School Bonds. Also, to the Bonds ani! btocka of th»
toll>wtng liHlIroads : Atlantic <$ Pnclllc, Musoort
Pocirtc, ijuuth Paclhc, Kansas E*aciflc, Denver Pactflc,
North Missjurl. bt. Louis Kans:th C[£j & Nortbero.
Refers by permission, to Moanrs. V/ 8, Nichols.* Co
lyiil).

Ban^fpK.Ncw Vork»

MEN AND IDIOMS OF WALL STREET

BANKEllS AND BROKERS,
ST. LOI IS, ^O.
Cash a^tvoDCed on Stocks and Bonds

.

CO.,

ic

Ne. 7 tVall Street, N.

$3;o,ooo.

.

Tradesmen

German
Leonard,

HASSLER

r

CASH CAPITAL

\tew Totk CorrearonAent

G. Colliks, Cashier.

t.

:

Adams

S.

The Exchange Bank

N.O. Lauvk, Secretary.

GALVESTON, TEXAS.
DUiECTOUS

F. J. Kbeet, President.

Special attention given to Collections, and to the
Investing of money on hrat-ciass real estate security
for nou-resldenta.

Texas Banking & Ins. Co.
Cash Capital,

PINE

43

3.

&

Co.

Transact a general Banking business. Issue Commercial Credits and Bills of Exchange, available In all
pa^ts of the world. Corecilons and orders for Bonda
Stocks, etc.. execBted upon the most favorable terms
P. N.

Capital, $500,000,

Houston,

t

Securities of Solvent and Defaulted
liU. Co's, alMO Slate, CItjr and.
Couutjr llouda.
TIME LOANS NEGOTIATED.

St.

(

)

Room

Antliorized Capital, --- $6,000,000.
Paid-up and Reserve, . 1,55 0,000,

Plitladelpbia.
'*

LONDON, Head Office, 3 Angel Court.
SAN FRANCISCO Office, 422 California

NEW YORK

STOCK BROKER,

So. 310 TlfJliNUT

Our paper

Martin Lewis,

C.

CLIMITEO),

a

fur-

Austin,

Bell

Bank.

Financial.

tbe United States

Anglo-Cal:tornian Bank

alsheil.

J.

all parte of

Western Bankers.
THE

Co.,

Vpectalty.

Correspondence

New Vurk

In New Tork. because always pattitX
maiuriti/. Uavu loaned mtUloni, and not a delTar hM?
• ver been lout.— For details udilreea
of the
Centmi lUtnola Loan Agency, Jacksonville, IlUoolt^. O. Box 657.

DXALEB IX

BAI.TIIi:.OUE.
INVESTMENT and VIRGINIA BECDRITIES

'

While bondK and stocks are the footballs of broken
the solid Illinois and Missouri TEN PKU CtNTS
(setnl-aunQall;,- at tne American Exchange N-itlooal
Hank, New iork) and our choice Kansas 1 WKLVfc
PER CENTS havt* never fuiUd, KothiDg but an earUiqudke can Impair their ab^iolute security; and aa,t

Baltimore Backers.

BANKERS AND BROKERS,

.

A Solid Twelve Per Cent

Bank,

TTlLiniNUTON, N.
CoUectloDS made on

Wilson, Colston

N. i

niCNICIFAL BONDS.

References— J. It. Llenberger, Pres't 1'hird National
Bank, St. Louis Wm. h. Waters, Pree'l Second Nat.
Bank, tt. Louis Edward P. Curtis, Cashier Nat. Bank
of the State ot Mo., St. Lonlr; Wm. H. Thamaon.
Cashier Boatmen 'a Saving Bank. St. Loula.

ACTUAKV

National

First
Tork

ATTORNEY-AT-LAW,
417 Olive Street,
ST. LOCIS, ni«
}^f Special attention given to the collection o

alwaya atpar

Refers to
cm Bask, Savannah, Oa.

CiTlBa OP EUBOFB.

TIexr

T. K. Skinker,

promptness, ask oar

(P. O.

Or Ckzsit

-liBUlD AVAILABLS IK ALL PABTS OF TBB WOBLD.

OV

INDIANAPOLIS, INDIANA.

;

BROKER,

Co.,
RIASS.

GOXXSaOIil, AHD CIBCTTI.AB

Smith & Hannaman,
INVESTMENT BROKERS,

;

James Hunter,

ZnTestment Securitlea coaatantlTon bane.

BOSTON,

New

Board

AnctlODS.and Private Sale.

Kidder, Peabody

Kew

American Banlc,

Cork Louisiana National Bank^
of Liverpool, Liverpool.

Broken

RAILROAD BOSOS, STOCKS, MISCELLANEOOS
AND LOCAL BECUHUIKS, ETC.

Co.,

Special attention paid to collectlonfl, with prompt
remittances at current rates of exchange on day of

paper.

Orders execated on Commlaalon at

&

nOBILE^ ALABAinA.

Boston, mass.

no.

DEFAULTED MISSOCBI CODHTT, CITT AJTD
TOWNSHIP BUNDS MADE A SPECIALTY.

BANKERS,

CONGRESS STREBT,

BIIOKERS,

ST. LOUIS,

Our long eiporltnc* In above class of 8ecnrlu«s
enables ua tO be prepared to make casli blda bj wtia
to parties givirg full description.

COBRKSPONDENTS.
LONDDjf— London Joint

Thos. P. Miller

Dealers In Btocka, Bonda, Gold and

BANKERS AND

State National Bank
OF NEW ORLEANS.

Nevada Bank of San Francisco.

&

Brewster, Basset
No. 85

G.

]i.

Pre Ident.

Bank of New York, N. B. A.
San Kkanoisoo— ihe Dauk of California, and The

Conntr Bonds.

^

Caai,

Western Bankars.

Capital, $850,000. Limit, $1,000,000.

Bn»iness Paper bought and sold.
Deposits deceived, Collrcilons made,

Orders for
ContiDimtoD.

Sax'l U. Kennkdt,

reasonable rati-s. Accounts of Banks, Baakers, Merchants and ottiers Bollclted.
BoAKOOF lUKECTORs.— c. F. Peuxel.Wm. Klrten,
Judge U. M. Rose., J no. E.Geyer.G. W. Johnson, Geo.
Kelchardt, J K. Brodie, A. Bchader. Jno. O. Fletcher.
N. Y. COBBEsroNOBKTS, Donnell, Lawson ft Co.

Is a new 72 pare book fclvlnj^ the hlohest and luwoat
prices or sioeks for 15 years, complete list of defaulted
lallroatjs. Black Krld;iy. sketches t'f k-adlng ofera*
toiY, and the method of t'.ealloK on amall sums of
money. Ccplec sent free lo anv a.Idresa, Oioers for
stocks and hto k privilege* executed by mall and ttlein-aph, coiifttioua uiade. uiucuy luvesiad, and mtor-

mation x

en by

JOHN HICK LI.tG^

Bankers and Broker',

72

CO.,
BIIOADWAT, ». T,

Wall Street Caricatures.
A new book, 43 ra;es. cor.t..tnlng li engrared Uloswiih
INFOhMATUiN Foil STOCK SlfiCaLATORS.

tratloi-8.

Pnoe

iOc.,

clolh covers; p> per covers free.

.

Konatze Broa.

BankoTd and Brokers, a iTiOl iL, *• T*

GHKONICa^

*SHB

Ocean SteamsUps.

Commercial Cards.

&

COTTONSAILDUCK
all

klndi of

COTTON CANVAL, FELTING DUCK, CAR COVER
IMG, BAGGING. KAVENS DUCK, SAIL TWINES
"

ftC.

ONTARIO" SEAMLESS BAGS,

"AWNING

WIOMING

May
May

IDAHO

NIlVADA
WISCONSIN

WYOMING

Jane«,10A.M.
29

Broadway.

&

Bro.

LEAD, SHEH^T zinc, COPPER,

on

vessels

COPPER, BRASS AND WIBE.
WH. BOBDIH.

this favorite route for the

Continent, (beiag more southerly than any other,}
wfll sail from Pier No. 90 North River, aa follows
Saturday, May IS
CANADA, Frangeiil
Satniday, May 20
LaBKADkK. Sanelier
Saturday, M ay 37
AMKRIQUE. Ponz<Il
PRICE OF PASSAGE IN GOLD Clncludlng wine.)
First cabin. |120 and $110, ac.-ordlng to
tlon. Second cabin. »7vi. Third. $40.
Return tickets at reduced rates.

70

71 Treat

Si

accommoda*

DE BEBIAN,

Henry Lawrence &

CUMBERLAND COALS.

PALL RIVER IRON TTORKS COS
NAILS, BANDS, HOOPS

Sons,

MANILA,
jrOB

SIS4I.,

JIJTB

dc

CORDAGE,
EXPORT AND DOMESTIC USB

eANCtS OF RIGGING

MADE TO ORDEK.

IM FRONT STREET,

NKW

rKOM NKW TOBK.

Wed., nay 11
Wed.. May21

•Scotia

Abyssinia.. ..Wed., May

Wed..
Wed.,

*HUB^ia
Scyihia

FBOM NT-W YORK.

I

1

;

Algeria
Bothnia

Wert..

June 21

.Wed.. June 28
July 5
July 12
July 19

..

I

"

C«

EBKKBDT. BBBBT

K. BAKXB.

JOBS

B.

BABSBa

S. Kennedy & Co.>
BANKERS AND KIERCHANTS,

J.

CEDAR, COR. WILLIAM ST,

41

New York.

SI Abysemia....Wed.,
Wed.,
Juno 7 •Kuesla
Wed..
Juiie 14' Scyihla

Steamers marked

do not carry steerage passengers.

01' Passask.— Cabin, $60, $1* > nd $130 gold
-to accommodation. Tlck-ts to Paris. $15;
gold, additional. KetorH tickets on fa' orable terms
Steerage tickets to and irom all parts of Europe at

Batkb

according

USB THE CELEBRATED

B.

Railroad Investment Eecnritlea.
lect Coupons and Dividends. Negotiate LoanB
draw Bills of Exchange on London.
Agents of the

Bny and

And every following Wednesday and Saturday from
New Vorb.

YORE,

lOHS

MAIl^ STEAMSHIPS.

BETWEEN NEW YORK AND LIVERPOOL,
CALLING AT CORK HARBOR.
Bothnia

BODS.;

FALL RIVER LINE STEAMERS.

THE BRITISH AND NORTH AMERXAN BOTAL

TARRED

AND

OLD COLONY STEA]TIBOAT

tyNOTICE.— with the view of diminishing the
chances of collision, the steamers of this line take a
specified course lor all seasons of the year.
On the Outward Passage fr,im Qneenatown to New
York or Boston, crossing Meridian of 50 at 43 Lat., or
nothing to the North of 43. On the Homeward Passage, crossing tne Meridian of 50 at 42 Lat., or nutblng
to the Norti of 42.

MANUFACTUSERS OF

New York,

AGENTS FOB

CuNARD Line.

YORK.

St.,

RORDEN niNING COnPANT^

Agent, 55 Broadfvaf.

NEW

LOVKU

&

Lovell,
GonniissioN iserchan'

•engen.

ttlLHrAROiS HELIX NEBDliES.:
337 and 339 Canal street,

L. K.

Borden

Steerage, $26. with superior accommodation and
lucludlDK all necessaries, without extra charge.
Steamers marked thus * do not carry steerage pat-

LOUIS

lie.

MANUFACTURERS OF

Plymouth for the landing of Faeeengete.

The spleAdld

Antimony,

Spelter, Solder,

General Transatlantic Company's
Mail Steamships,

Calling at

Claicopee Mfa Co.,
eilerton Neiv milla,
Saralosa Vlctorr Kirs Co.
BOSTON.
NEW YORK,
15 CHxTmczr St.
A 45 Wnrra Stsxxt.
PHILADELPHIA,
J W. OATTON, 230 CHisTHtrr Stbbet.

IRO:V,

CHARCOAL AND COMMON SHEET IRON

NEW YORK AND RATUE,

'WaablBKton MtlU,
BorlliiKton IVooIeu Co..

Plate

OF ALL SIZES AND KINDS.

BkTWIUI

AGKN TS FOB

Roofing

PIG TIN, RUSSIA SHEET

GITION.

dc

Direct Line to France.

E.R.Mudge,Sawyer&Co

George A. Clark

No.

ONLY
rtae

<S

officer.

WILLIAmS

No. 109 Dnane Street.

&

Tin

Steerage, ti6; iDtermediatP, $10; Cabin, $65 to $30,

according to state room,

in stock.

IMPORTEBS AND DEALERS LN

RATES FOR PASSENGERS REDUCED.

&TRIPKS."

Wldtha and Colon alwaji

all

«B follows:
16, at 11 A. M.
to, at 11 A.M.

June IS, 10 A. M.
JoneSO. atSF. M.

VBlted States Bantlmit Companr.
aapplr

Ne\r Tori)

Between John and Falton,

LEAVING PIER No.M NOBTU BIVKB.

Also, AKSnt*

A. tall

&,c.

CLIFF STREET,

TUESDAY.

Hanafacturera and Dealen la

1.876.

PHELPS,DODGE&cJ

(TIa Qneenstoivn)
OABBYINO THE UNITED STATES MAIL.

Co.,

And

Railroad Material,

OR Liverpool,

Turner

BrinckerliofF,

[^Tay 13,

sell

CAinBRIA IRON COMPANY
JOHNSTOWN,
STEEL RAILS.
of

Pa., for the sale of their

IRON

All business relating to the Ccsutructlon and

ment

i

Bquly

of Railroads tmlertaken.

very low rates.

STEEL

Through bills oC lading given for Belfast, Glasgow,
Havre, Antwerp and other pans on tt e Continent
and fur Mettlterraniian ports. For freight and oabin
Saai^ge apply at lUe Company's office. No. 4 Bowling

pe:^s

reen; for steerage paasage, at 111

Vor

Sale by all Dealers lu Stationery.
"IT^OR the convenience of those who may wish to
J? try them, a
I

SAMPLE CARD

OonUininj ane each
t)t

tkcie Penp, will

|

Fifteen Nnmberg
be sea^^^aT^u^eceiptT?

of tke

TTiyenty-flve Cenf
ITISON,BLAKEMAN. TAYLOR A

,138

and 140 Grand

St.,

CO.,

N. Y.

BaUdJig.

OHAS.

G.

FRANCKLYN

&

Morris, Tasker

Co.,

LIMITED

Broadway, Trinity

Pascal Iron Works, Philadelphia.
Delaw^are Iron Co., Newcastle, De^

Agent.

^H

MAHCFACriTBKBB OF

Atlas Mail Line.

LAP- WELDED

BI-MONTHLY SBBVrfiB TO JAMAICA, HAYTI.
COLOMBIAandASPlNWALL, and to PANAMA and
SOUTH PAUlFlC PORTS (via Aspinwall.)

Plist-class, full-powered. Iron screw steamers, from
Pier No. M, North River.

For HAYTI CD y,
AboutMayS
CLARIBEL
For KINGSTON, AUl CATES, SAVAJ-ILLA. ISTHMUS OF PANAMA, and SOUTH PACIFIC PORTS

AMERICAN CHARCOAL*^

IRON BOILER TUBES,
WROUGHT IRON TUBES &

FITTIN(}S

of every descnpHon, for Gas, Steam, Water asi)
Oil;

Steam and Gas Fitters' Supplies. Machinery
for Coal Gas Works. Cast Iron Water
and Gas Pipe.

IMPROVED SUGAR JfACHINKRY, Ac,

4c.

(via AsplBwall),

OFFICE.
MaylS
ANDES
For HAYTI. COLOM.-IA, ISTHMUS OF PANAMA
209 Sonth Third St., Philadelphia.
and SOUTH PACIFIC PORTS (via Aspinwail),
OFFiCSS AND WARKHOUSeS:
May 24
ALPS
For JAMAICA and HAYTI,
YORK.
No. 15 GOLD ISTKEET,
",-. JuneiATLAS
No. 36 OLIVER ST., BOSTOxN.
Superior flrsi-class passenger arcommodivon.
Pill, FORWOi-D ^JM: Assents,

NEW

—WoTSfi Wall Street

.

Providence

JOSEPH GILLOTT'S

STEEL PENS.

Sniii by all d^'aUrs ilwoug/umt tlie IVortil.

^ STEEL,

\

PHENIX

Reduction of Fare

I

NEW YORK and PKOVIDENCE to $3
NEW YORK and BOSTON to $1.

Insurance Company

Stoningion Line.
Bradford 8tCo FOR
PROVIDENCE. NEWPORT AND BOSTON.
NARRARHODE
ISLAND.

The elegant steamers

PEKS.

GANStTT

and

STONINUTON.

leave Pier

S3.

N.

R

,

M.
daily (except Sundayf.}, at 5
Throngh tickets to principal New Kbkfland points at
BR. depots aod ticket offlcea. State-Hoonis secured at
offices of Westcolt Kxpress Co. and at 363 Itroadway.
toot

FALCON, Noi. 20. as. 75. 1, etc.
laiBRACING KVEllY STYLE AND FINISH.

Kew York.

Jay

St..

i

.-

KLECTRA

and

1.IIVE

4:30 P.

(dir.cl).

GALA EA Wave
I

M.

Direct connection to Worcester and points beyond.
FielghtB via either line takes at lo^^esl rates.
D. B. BABCOCK, President.

U W. FILSINB, Seneral Paas. Agent.

OF BROOKLYN.
Western Union Telegraph Building,
Broadnray, Cor. Dey Street, N. Y.

Office,

.

Pier
N. R., foot of Park Place, dally (except Sundays) at

Steamships
21.

<roba Btreetj

ftf

PKOVIDEINCE

No.>Mh,

,\.7fi

Iiisiirarce.

StonlDgtou Steanxslilp
UOBtOU.

I

Between
Between

Harrison,

fc

Company, betwreen Newr York and

ASSETS, Jan. l7^6, $2,549,958 77
INSURES eciTTON AGAINST LOSS BY FIRE,

OVERLAND BY RAILROAD,

and Marine by
Steamers to Europe.
Agencies in all the Principal Cities in the U. 8.

WILLIAM

STEPHEN CROWELU Prt-aiden
R. CROWELL, Secretary.

J

May

THE (HRumCLEL

13, 1876.]

In«ar«,noe.

tf

Insoranoe.
Fay a* yoa b», (ct what yan bay.

••

top whea jroa ehoose.n
COXMON SENSE AND FAIR PLAT

OFFICE or THB

IN

ATLANTIC

Bo

tu>i

UFE ASSURANCE

Attun your

NEW

Shkcpabo Hohams

TBB

Mutual

Insurance

Co. Provident Savings Life
Assurance Society,

N»w ToBK, Jan.

^l^ESTERN VMOir BI/ILAINO,
S4, 1876.

The Trusteef, In conformity to the Charter of the
Company, snbmit tha following Statement of its
uBiiT!' on the Slat December, 18;5:
Proiniumf received on Marine Risks,
from let January, 187J, to 3l3t December, 18:5

Promiums on

$5,840,021 83

Policies not

marked

off

l8t January, ISTS

Total

Ko
.

»,1JS,37J 87

amount of Marine Premioms..

Policies have been issued

$1,235,394 75

nected with Marine Risks.
Premicmui marked off from Ist Janu-

December, 1875 ... $8,123,134 68
losses pa'd during the
same period
$3,712,058 05

Premiums and

Expenses. .$1,317,477 36
.

the following Asset", viz.:
United States and State of New York
Slock, City. Bank, and other Stocks.$10,314,940 60
Loan i secured by Stocks, and otherwise
S,5I4.200 00

Bcal Estate and Bonds and Mortgages
Interest, and sundry Notes and Claims

J67,00O CO

due the Company, estimated at
Preminm Notes and Bills Receivable.
Cash in Bank

451,037 9?

Total

af the Reserve.

This Society, therefore, will either Issue policies

amount of .\ssets

and eirpenses of management, each year by

The outstanding

gold.

DiTidond of Fortr Per Cent,
on

the net earned

premiums

of the

is

de-

Company

for the year ending Slst December, 1875, for which
certifltates will be issued on and after Tuesday,

the 4th of April next.

By order of the

The North

and

British

Mercantile Ins. Co.,
OF
54

AND EDINBURGH.
rraiTKD states branch,
W^llllam, Cor. Pine St., New York.

Capita] paid np • - •
Grose Fire Reaerre Net Lire Aeaete - • -

Total

•

-

•

.......

$10,000,0*0
3,700,000
13,300,000
$27,000,000

Gross A««ets tield by Board of Management la New
york, 11.600,001).
Ttae Company's actual losses by Chicago oonflajrra
tlon In 1871 were 11.743,457 81.
The Comp,any's actual losses by Boston conflagration In \m were 1501.680 46.
Yet the Company paid the!;e losses at sight wlthou
borrowlngorselllLg ft single dollar of permanent Investments, contlnted regular dividends to their
stockholders, and i^t Che end of 1S73 had entirely made
up (not in thlscountry.however). the losses of these
two conflagrations and all others, commencing 1874
wUh a surplus over 1100.000 larger than ever before.
Annual Income of Fire Department alone over

The CompAoy organized A. D.

1S09.

Commenced

business In this country A. I). 1867.
Agencies In most of the prlnclpil Cities asd towns

lathe United Slates.

EZRA WHITE,

J. D. Jones,
Charles Dennis,
W. n. II. Moore,

Gordon W.

Biirnhanj,

Lowell Ilolbrook,
D»vid Lane,

Frederick Chsnncey,
Charles P. Burdett,
Francis Skiddy,
Hobert B. Mintorn,
Chules n. Marshall,
George W. Lane,
Robert L. Stnart,

James Dryce,

James O. De Forest,

Dani"!

Alexander V. Blake,
Charles D. Leverich.

Henry Coit,
Lewis Curtis,
Charles

II.

Rossell,

S. Miller,

William Sturgis,
Josiah 0. Low,
William E. Dodge,
Royal Phelps,

Adolph Lcmoyne,

Thoinr.8 P. Youngs,

Edmund W.

Hand,
James Low,
Johh D. Dewlett,

John Kliott,
Samuel Hutchinson,

C. A.

J.

Adam

T. Sackett,
Horace Gray,
Corlles,

William U. Webb.

D. JONES, President

CHARLES DENNIS, Vice-President."
W. H. H. UOOSB, iA ViC« rresidtoL

\

azecoUon of ordara for

the parehase or sale of eontraeu for
lotnre
of cotton.
Uberal adraaote mad*

daHverr

on eoaaica

oients.

&

Henry Hentz

Co.,

GENERAL

OOKimiSSION nBBCHAIfTS,
5

Hanorer

Street,

Now

Vark.

Advances made on Consignments
I*« to
vv

neaare. JARIES

FINLAT

LIVKRPOOL, LONDON AHD GLASOOW.
A800W.

/

Also eiecute orders for Merchandlsa tbronch

.

FINLAT, inL'IR 4k CO.,
*
CALCUTlA AND BOMBAY.
'
FOTUBK CONTRACTS FOB COTTON boa«11t (ad
nesera.

'

sold on uommlsalon Is

New York and Liverpool.

Murphy

E. S.
6S

Co.,

GENERAL COMMISSION MERCHANTS
COTTON EXCHANaE BUILDING,
NEW YORK.
Special attention paid to the ezecatlon of

for the purchase or sals of
delivery of cotton.

orders

contracts for future

Liberal advances

mads on con-

signments.

BLOSS & INCHES,
COTTON FACTORS
axo

GENERAL COMMISSION MEBC5ANTa
128 Pearl Street, New Tork.

Knoop, Hanemann & Co
OOiamiSSION nERCHANTS,
63 EXCHANGE PLACB,

NEW YORK.

1

Bonn or
nanebeater and Liverpool*

Bailey,

DE JERSEY & CO.

STREET

1»'AI.I.

Dealer In

Moody & Jemison>.
BANKERS
t
AHD

and marine Inanrance atock
and Sarlp

Fire

&

Cotton Factors

CHAS. E. WHITE. VUanagen.
SAM. P. BLAGDEN, (

TRV8TJBE9.

«'SPECIAI-ITr.»»

-*

Gash paid at once for the abnve Securities or the
will be sold on conuniMion. at sellers option.

General Commlaalon IVerflianta,
143 PEARL STREET, NEW YORK,

ELIZABETH CITY SEVEN PER CENT IM

Will keep accounts with Country BanJu and BankerSL
make collections. Issue cerllflcates of Deposit, aaa
attend to the sale and purchase uf Bonds, Stocks,
Coin, *c.
Particular attrntton given to the execution of ortfcra
(or future coatracia and the parehase of merchandtsa

;

PROVEMENT BONDS.
-

,

October.

Interest April

Dae April

1,

and

,

1906.

LONG ISLAND CITT OTVKN PER CENT

WATER BONDS.
September.

Interest

Duo Sept.

1,

OVER

1908.

Street.

S.OOO

SOLD OF

I.'TOERSOLL'S

March and

FOR SALE BT
B A N I B L A. nOBAIf,
40 Wall

^

Tartt.

AND

Vlce-Prea't and Actuary

President.

Fire and Life Assets entirely dlstflnct— the one not

H. CHAPntAN, Secretary.

New

General Commlaalon Rlerehaata.
Special attention paid to the

GEORGE WALKER, SHEPPARD HOMANS,

liable for the other.

J.

Straat,

AXO

ASSCJKANCK SOCIETV,
WESTERN UNION BUILDING. NEW YORK.

t4JXW,00U.

Board,

7« Wall

^ C©TTON Factors

For PUns, Rates, and Full Particulars apply to

liONDOtH

of the Issue of 1872

*

THE PROVIDENT SAVINGS LIFE Ware,

.c

redeemed and paid to the holders thereof,
or the r legal representatives, on and after Tuesday,
•the 1st of February next, from which date all interest thereon will cease. The certificates to be produced at the time of payment, and cancelled. Upon
certificates which were Issued for gold premiums,
<he payment of interest and redemption will be in

A

Hoe. T4

Treasurer.

the ontstandlng

will be

clared

Clergy-

363,402 40

February next.

certificates

among

men," James Brown, President; Howard Potter,

certificates of profits will be paid to the holders
Ihsreof, or their legal representatives, on and after

Ist of

itself, re-

newable at the close of any year without further
medical examination.
These Plans are indorsed by leading Actuaries,
and State Commissioners, and also by the " Society

8,076,360 EO

.

$16,019,910 82

Six Per Cent Interest on

Tuesday, the

at actual current cost far death claims

for the Promotion of Life Insurance

The Company has

^

Invented In U. S. Five-Twenty Bojids.
Thii Soaefy teparatts l/u Inrurance Part of iht
Prmrnxm from the Reservt or Deposit Part, which
Utter is held merely for accnmalatloa.
Thit Society recognizee the Policy-holder at owner

ASSURANCE

ary, 18:5, to Slat

fieturcs of

NEW YORK.
Guaranty Cash Capital, 9135,000,

anteeing aspec^fied surrender ta'.ue for every year in
cash; or It will furnish the PROTECTION OF LIFE

upon Firediacon-

Life Risks; nor

Stillman,

8BAMBH'a BAHK BUILOINO,

on the payment of uniform annual premiums, guar-

upon

&

Woodward

I

Lift Ull yon bara ezunlned

the
PLANS devised by
Actuary, for

OottOB.

TlAJUn

AM) HOBSE-POWEB PBESSES

They have a world-wide reputation and a aopertorltr
over all others for baling Hay, Cotton. Kasa and au
other kinds of material. For price list and Tnll taformation call on or addreas the manufacturers

INGERSOLL A RALSTON,
UliSISNPOlllT (City

U Brooklyn), U

X-

THE CHRONICLR

Vm
,

Abkabak

a Co.,

LkhmaNi Dcbb

Bliss

LEHMAN BRO'S,
Cotton Factors
AND

131 Pearl Street,

COTTON JTIERCHANl
97 Pearl' Street,

NEW TOB

New York.

Special attention given to the execntlcn of orders

AI.EZANDEB MAITLAND.

Robt. L. Maitland & Co.7

Delivery.

Kxchanges In New
Xorlc and Liverpool, and advanceB made on Cotton
and other produce consigned to u», or to our cofe•pondents In Liverpool, Messrs. B. Newgasa & Co.
and Messrs. L. Kosenhelm & Sons.
at the Cotton

W.

&

C. Watts

Co.,

No.

21 Brown's BaildlnK*,

O <%tl«

&

',,(Kremelberg
Co.,
NEW YORK.
Kremelberg& Co.,
J. D.

solicit

COTTON

BROAD STREET, NEW YORK.

Cotton Factor s,i

uvERPOOt,

consignments of

43

and orders for the

Tobacco and

&

&

.Kremelberg

purchase or sale of futare shipments or deliveries

Advances made on consignments, and
aSorded by our friends, Messrs. D.

Co.,

Stone street,

SON, 64 Baronne

Co.,

I.OCISTII.I.E, KY.
COmniSSION mERCHANTS.

Eakin,

Adams &
New

Sawyer, Wallace

Co.,

Co.,

COTTON FACTORS & COMMISSION MKECHANTS,
4T Broad Street, Neiv York.

J.

& Co

C. Johnson

Nct Orleans.

& Co.,

Orders executed at the Cotton Exchanges In New
Liverpool, and advances made on Cotton
and other Produce consigned to thera or to their fii
abroad.
ic CO.,
B. F.

m

BABCOCK

LIVERPOOL.

H. Tileston

,

&

In

Futures executed at N. Y. Cotton Exchange.

Robb &

Peet,

BANKERS AND COMMISSION MEECHANTS,

STREET,

No. 58 W^ALI.

mEnPHIS, TINN.

Advances made on Consignments. Special attention

%.

paid to purchases or sales of " Cotton Futures."

& Co.

COTTON BUYERS,
SS2 FRONT STREET,
222 STRAXD,
Mempbls, Tenn. Galveston, Tex.

JEWELL,HARRISON
& COMPANY.

PURE

OF LARD OIL AND STKAKINE.
ESTABLISHED IMl.
NEW YOB

Locomotive

McAlister

&

Wheless,

COTTON

&

Eggleston,

JOHN

M, WiJIGHT.

AUQ.

L.

B.

DUBB.

'

(P. O.

Box

in Liverpool

Wm.

fXrders to purchase Cotton In onr

Kefer to Messrs.
Hew York.

market

solicited

AJDTAITOEie

BROAD STREET,

lengths are cut.

JOHN

XV.

«S Beaver

St.

& 20 Exchanse Place,

GEO. W. WILLIAMS & CO

,

)

& Commission Merchants, > KEW
^ " YORK
J una..
^
onARLESTON, s. o.
$
made on consignments ef Cotton
3?^".^"='!"=''." "« Cotton Exchango for the pn?;
tOuK
and sale of contracts for future deUverT.
Sankers

Liberal advances

MASON &

43 Broad-way,

CO.,

Ne-jr Y'»rli

i

iETNA

made on Consignments of Cotton,
and upon shipments to our friends

and London.

&

E. Rogers

UADR VPOS

Co.,

Insurance Company
OF HARTFORD.

COTTOIf CONSIGNED TO

N. BEACH
LIVERPOOL.

&

Co.,

Cotton Ties.
SOLE AGENCY IN

NEW YORK FOR THE

.

-:^$3,000,000 00
- $6,792,649 98
.
$246,385 50

1, '76

Ltabililies
OEFICE,

JAS. A.

173

BROADWAY,

ALEXANDER,

N. T.

Agent.

SALE

TIE,

" Tbe American Cotton-Tie Companr,

Liverpool

Limited,"

London

(cf

& Globe

LIVERPOOL. ENGLAND.

M. SIVENSON,
80 Wall

Co.,

oa

New York.

4858.)

Klessirs. J.

S.

&

A

constantly

19 Sontb William Street,

CO.

COMMISSION MERCHANTS,

Stock

Mining
4c.

Purposes,

hand, from whicn any desired

HAXUFACTTRED BY

NORTON SLAUGHTER «

Williams, Birnie

Hoisting

Large

COTTON FACTORS

No. 39

Rlgginf;

Ships,

iricks, Inclined Planes,

& Co.,

CELEBRATED "ARROW"

TICKSBURG, miss.

SB*

Isuspen.^ion Bridges, Guys, Der

BICHAEDS.

Wright, Richards

for

suitable

I

SDWABO

OF THE

Cotton Factors,

Boston.

B. B. of the very best quality

BRANCH

Lamkin

all set,

STEEL, CHARCOAL,

Exchange on the CITY BANK, LONDON, and
HOTTINGUER & CO., PARIS.

NEW YORK,
OOBimsSION mERCBANTS ooinmssioN
CAPITAI*
merchants. Assets,
NASHYILLE, TENNESSEE.
Jan.
Spnclal attention given to Spinners' orders. Correspondence solicited.
KxFXESNoas.-Tlilrd and Fourth NaUonal Banlis,
^ ..«..
andPropristorsof THitCH«o»ioij«

Water

of

Wool, Hides. &c.,

EBFERENCE.— FiBST N itiokal Bakx, Nashyilm

Treasurer,
40

Wire Rope.

Liberal Advances

NasbvUIe, Tennessee.

Works,|

Locomotlires, Statlouarjr Steam
gines, and Tools,
MANCHESTER, N. H.
ARETAS BLOOD, AV. C. OTKANS,

Bills

General Commission Merchants,

COTTON BUYER,

F<

AND MANUFACTUB

PROVISION DEALERS

AND

Irvine K. Chase,

PACKED

liARD

ALL, CLIMATES.

Superintendent
Manchester, N. H.

fiew ITork.

A. M. Scarbrough

I

MANUFACTURERS OF

,

L. A. SCARBHOtJGH,
Galveston,

RPOO

VE

nANCHESTER

COTTON BDYERS FOR MANUFACTURERS,

A. M. SOARBEOrGH,
Memphis.

I

I^

Miscellaneous.

Co.,

COTTON BUYERS & COMMISSION MERCHANTS
60 Stone Street, New York.
Orders

Advancee made on Consignments to

LONDON AND

aiVKN A

York and

York.

&

Street,

Co„ 51

60 AVall Street, New York.
MERCHANDISE DEPARTMENT.

AND COMMISSION MERCHANTS,

33 Naakan Street,

information

York, and Messrs. D. A.

Babcock Brothers

,

TBAIfKERS

Nev

all

WATTS £

General Commlssll

ntercliants.

*

Kremelberg, Schaefer
NEW ORLEANS.

L. V- 8. lIACi;EHa

for the purchase or sale of Contracts for Future

York.

BAIiTIinORE.

AND

OOMIHISSION

oomniissioN heerchants,

coninissioN iuerchant!),
188 A 135 PEAHL STKKKT,
Orden executed

Edward H. Skinker & Co^

Bennet,

GENERAL

«

New

&

Co.

it

Uontgomery, AU,

Lft.

13, 1876.

Cotton.

Ootton.

Cotton.
New Orleans,

[May

St.,

New

York.

JEWELL,HARRISON
& COMPANY,

Instirance Coiupany\

45 William St,
Assets, $28,425,160 92
CQiamssioN and
COTTON mERCHANTS,
In the U. S., $3,000,000
ESTABLISHED
NEW YORK
1841.