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HUNT'S MERCHANTS
MAGAZINE.
REPRESENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OF THE UNITED STATES
VOL.
NEW
30.
YORK, MAY
NO.
15, 1880.
LATHAM, ALEXANDER &
777.
CO.,
AND
COTTON COMMISSION- MERCHANTS,
HAVE REMOVED FROM
Nos. 37
AND
WALL STREET
39
TO
Nos.
The
1
AND
6
8
1
&
Phelps, Stokes
Edward
Co.,
PHELPS,
JAMES STOKBS,
a. Petit,
Max
E.
&
Co.,
Sand.
Sand Brothers
COmmERClAL. CREDITS,
bankers and brokers,
54 W^all street. New York.
STOCKS AND BONDS BOUGHT AND SOLD ON
in Dollars for use In United States, Cuba, &c.,
COMMISSION.
In Pounds Sterling, available In any part of the world*
COMMERCIAL PAPER NEGOTIATED.
TUAVBLERS' CBED1T3 and
CIRCULAR NOTES;
ASA
P.
PoniR, Ptest.
J. J.
Eddy
Banque
Cashier.
Centrale
Anversoise,
Antwerp.
Maverick National Bank,
BOSTON,
CAPITAL,
SURPLUS,
COLLECTIONS a specialty.
aad Bunkers
$400,000 Pald-Up Capital, - - 9,000,000 Francs.
400,000
Business from Banks
SOARS OF DIRECTORS
business paper
discounted.
Cor-
respondence invited.
J08IPH
P.
LLOTD.
C.
McKkAN,
Member of N. Y. Stock
Lloyd
34 AVALL
W.
&
Excb'ge.
McKean,
STREET, NE\r YORK.
Buy and sell— on commission—Government, Railway and Miscellaneous Securities. Receive deposits
'
subject to check, and allow interest on balances.
F»LIX Qbisab, President.
Alfred I.lAtinixAy (CJraff* Maqulnay), Vlce-rr«'.
J. li. Von dbr Bkckk (B. Von der Becke).
Otto Gc-ntukr {Curnellle-Davld).
Emilk db Oottal.
Ad. Frank
(
frank, Model
*
years.
Brothers,
BANKERS,
120 Broadway (Eqnltable BolldlnK),
YORK.
N E TT
LETTERS OF CREDIT
A.ND
CIRCULAR NOTES
Issued for the use of travelers In
all parts of the world.
Bills drawn on the Union Bank of London
Telegraphic transfers mode to London and to
various places in the United States.
Deposits received subject to check at sight, and Interest allowed on balances.
Government and other bonds and Investment so»
curities bought and sold on commission.
LEWIS H. Taylor, Jb.
solicited.
Satisfactory
many
Kountze
Member N. T. Stock Eicb.
N.
BANKERS,
ANSON PHELPS STOKES,
45 WALIi ST., NEAV VORK.
for
Financial.
Financial.
Thko. v. Sand.
Also,
STREET,
number was formerly occupied by them
latter
Financial.
I.
WALL
Cle.)
Adg. Nottkbjhm (Nottebohm Freres).
Fb. Dhanis (Mlcliiel9-Loos).
Jon. Dan. Fuobma.vn, .Ir. (Job. Dan. Fobrmonn).
Louis Wkbrk (Ed. Weber * Cle.)
JtjLBs Kautbnbtraucu (C. Scbmld & Cle.)
TRANSACTS A
GENERAL BANKING BUSBNB88.
L.
H. Taylor
LiNDLiiT Haines
&
Co.,
Bankers and Brokers,
138
SOUTH THIRD STREET,
PHILADELPHIA.
Deposits received subject to check at sight, Uid
Interest allowed on doily balances.
bought and sold on commission
Stocks, Bonds,
in Philadelphia and other cities.
Particular attention given to Information regard-
Ac
ing Invaatment Securities.
R.T.Wilson
&
Co.,
BANKERS AND COMMISSION MERCHANTS,
3 ExcUange eoort, N sot York.
THE CHRONICLE.
u
Foreign Exchange.
Foreign Exchange.
Drexel, Morgan & Co.,
WALL 8TKEKT,
&
Drexel
Drexel, Harjes
Co.,
Ma.M SOCTH TpiBD Bt.
Pblladelphla.
SI
Boulevard HaaBsmaac
ST.,
a
Brothers
69 WALL ST.,
No.
all
&
Co.,
N. ¥.,
BUY AND SELL
ESTABLI8ED
Execute orders for the purchase or sale of Merchandlse. Bonds, Stacks, ana other securities, in the
United states, Europe and the Kast make Collections
buy and sell Forel»;n Exchange, and give advances
upon Merchandise for Expurt.
OLIVER S. CARTER, ) Agent*
;
Uaiik>i.
Cuna<iiiiii
Nbw
OP
Office,
CANADA,
$5,500,000 Paid Up.
Capital,
JOHN HAMILTON.
JOHN McLBNNAN,
President, the Hon.
ESQ.
Vice-President,
OFFICE, MONTREAL.
HEAD
I
&
G.
G. C. Ward,
Comp'y.
parts of the world, makes collections in Canada
antf elsewhere, and issues Drafts payable at any of
the offices of the bank in Canada. Demand Drafts
issued payable in Scotland and Ireland, and every
description of foreign banking business undertaken.
Neiv York Agencr, 48 ExcliaDge-pIacc.
HE.VRY HAGUE
Agents.
JOHN
BARING BROTHERS
& W. Seligman & Co.,
J.
CAPITAL,
SURPLUS,
BANKERS,
59 EXCHANGE PLACE,
CORNER BROAD STREET. NKW lOKK.
Nos. 50
Payable In any part of Europe, Asia. Atrlea, Anstralla
•nd America.
Draw Bills of Bxckange and make telegraphic tranc*
iers of money on Unrope and California.
&
Munroe
John
Co.,
&.
CO.,
Buy and sell
Sterling Exchange, Francs
ClBOTLAB NOTKS
J.
&
CO.,
;
London
Stuart
&
Co.,
J.
NASSAU STREET.
BILLS OF EXCHANGE ON
33
SMITH, PAYNE
Issue commercial credits, make advances on ship.
ments of staple merchandise, and transact othei
business of a flnancial character in connection witb
the trade with the Dutch Kast Indies.
BLAKE BROTHERS
«c CO.,
AOEXTS poH North America,
WALL STREET, NKW YORK,
28 STATE STREET, BOSTON
Hong Kong &
Shanghai
BANKING CORPORATiax.
CAPITAL (paid-up)
»S,000,000
1,500,000
HEAD OFFICE, IIUXO KOXO.
The Corporation grant Drafts and negotiate or
Bombay, Calcutta, Singapore,
Manila, Hong Kong, Foochow, Amoy
Ningpo, Shanghai, Hankow, Y'okoliama, Hiogo, San
Francisco and London.
collect Bills payable at
Saigon,
JOHN WALTER,
Asent. 69 Wall St>
Calitornia Banks.
No. 9 BIrctaIn Lane.
Office,
The Nevada Bank
OF SAN FRANCISCO.
New York Agency, 62 Wall Street
AGENCY OP THE
Surplus,
Bank
OF
North America,
British
No. 52
LONDON.
AND CRRUTa FOR THAVBI.BRS.
it, Batavia, Soerabaya and Samarang
Correspondents in Padang.
Agencies
;
DAYS' SIUilT OS
ALEXANDERS &
1863.
($4,800,000 Gold.)
OFFICE IN AMSTERDAM.
and Cable
Transfers grant Commercial and Travelers* Credits
available in any part of the world issue drafts on
and make collections in Chleago and thrwughout
the Dominion of Canada.
PARIS.
BTEBLLKG CHEQUES AND BILLS AT SIXTY
Agents.
A. Lang,
No. S Wall Street, New York,
No. 4 Post Office Square, Boston.
CHEQUES AND CABLE TRANSFERS ON
MUNROE
SEW YORR OFFICE,
dc 61
WAL1> KXREET.
WALTER Watson,
Issne Letters of Credit for Trarelers,
Established in
RESERVE FUND
President.
8MITHERS, General Manager.
C. F.
AMSTERDAM, HOLLAND.
14
$12,0OI),000, Gold.
5,000,000, Gold.
GEORGE STEPHEN,
New York.
Nederlandsch Indische
Handelsbank,
JH.,
Bank of Montreal.
COMPANY,
6c
52 WALL STREET, NEW YORK.
28 STATE STREET, BOSTON.
HARRIS
B.
America
HE \D
all
AGXNTS FOB
for
%
J
1, ltJ79.
142 Pearl Street
Manager.
LONDON, ENG.— The Clydesdale Banking
S.
York. January
Pald-Up Capital, 12,00 1,000 Guilders
And in Francs. In Martinkiuc and Cfuaduloupe.
NEW YORK—The Bank of New York. N. B. A.
JUAKE TELEGRAPHIC tKANSFERS The New York Agency buys and sells Sterling ExOF moNEIf
change, Cable Transfers, issues Credits available in
on Foreign Countries.
STANTON BLAKE,
HENRY E. HAWLEY',
Merchants' Bank
ON GREAT BRITAIN AND BBLANI), FRANCE,
OEKMANY, BELGIUM AND HOLLAND.
OEORQE HAGUE, General Manager.
Issne Coramen-iul and Travelers' Credits
WM. J. INGRAM, Asst. General
IN SIERLINO,
BANKERS:
AVAILABLE IN ANY PART OF THE WORLD.
Between ibis and other countries, throngh London
and Paris.
Make Collections of Drafts drawn abroad on all
points In the United States and Canada, and
of Drafts drawn in the United States
1824.
Pald-np Capital, 36,000,000 Fiorina.
($14,40(1,000, Gold.)
SPECIAL PARTNER,
Rerlin.
OEUTSCHW RAXK,
OF FXCIIANOE
BIL.L<S
OF HOLLAND,
NEW
principal cities o' Enrope.
LONDON.
Brown
Netlierland Trading Society
I'lie
Excbange Place.
St., eor.
Exchange and Issue Letters oi Credit
Dra':r Bills of
Parts.
BROAD
Handel-Maatschappij,
YORK,
ttaice Telegraphic Money Transfers.
ATT0BWKT8 AMD AGKNTS OF
nieurs. J. H. i-noROAN & CO.,
a OLD
Lichtenstein,
BANKERS,
Depoalts receivwl subject to Draft. SocurlHea. Gold,
Ae..Dongbtaort80ldonCoiTimisEion. Interest allowed
on DepoalM. Foreign KschaiiRe. Commercial C'redlte.
Circular Letters Jor Trayelen.
Cable Tnuufera.
aTJliable In all parts of the world.
No.
Nederlandsche
&
& Co 29 WUllam
DOMESTIC AND FOREIGN BANKERS.
Foreign Banker<«.
K.noblauch
CORNKR OF BROAD, NKW YORK.
XXX
Vol.
Buy and
AYALL STREET.
Sterling Exchange and Cable Transfers. Issue demand drafts on Scotland and Ireland,
also on Canada, British Columbia, Portland, Oregon,
and San Francisco.
sell
Bills collected
acted.
_
and other banking business transD. A. MCTAVISU, .„„_,, .:
Agents.S_
W.
.
GEORGE
i
L.
BE.\NDER, Agent.
Issues Commercial and Travelers' Credits available
in any part of the world. Draws Exckange, Foreig
and Inland, and makes Transfers of Money by Telegraph and Cable. Gives special attention to Gold
and Silver Bullion and Specie, and to California
Collections and Securities; and arranges to pay
Dividends on such securities at due dates.
SMITH, PAYNE A SMITHS,
UNION BANK OP LONDON,
New York.BANK OF NEW YORK, N. B. A.
do AMEKICAN EXCHANGE Nat. BA.S'K.
Bankers, London,
.do
do
)
LAWSO N,
Invested In U. S. Bonds,
$3,o00,000 Gold.
do
do
SMITH'S, Imperial Bank of Canada
THE
BANKERS, LONDON
Capital, $1,000,000.
MANCHESTER ic COUNTY BANK,
Anglo-Californian
" LIMITED
H. B. HOWLAND, President D. R. WILKIE, Cashier
ic
;
i"
ULSTER BANKING COMPANY,
BELFAST, IRELAND;
AND OW THB
NATIONAL BANK OF SCOTLAND,
EDLNBURG, AND BRANCHES;
ALSO.
JABLE TRANSFERS AND LETTERS OF CREDIT
(LIMITED).
OFFICE, TORONTO.
Bbanohxs;
ST. CATHARINES, PORT
COLBOENE,
ST. THOMAS
INGERSOLL, WELLAND, DUNNVlLLE, FERGUS.
Dealers In American Currency and Sterling Eiciiange-
Agents in LoBdoB:
BosANQUET, Salt & Co.,
Lombard
I
in New York:
Bank of Montkkal,
Agents
Wall street.
Promptest attention paid to collections payable In
any part of Canada.
Approved Canadian business paper, payable In gold
or currency, disuoiinted on reasonable terms, and
proceeds remitted to any part of the United States bj
gold or currency draft on New York.
93
street.
New
NEW YORK
at tl e
STOCK K.XCHANGB, or all
repul able Securities bought and sold in the OPEN
MAHKBT.
LOANS and COMMERCIAL PAPER
ncKoi iated. Interest paid on DEPOSITS subject to
check.
WILLIAM B. HATCH.
„^„,, . „
THOMAS „
H. BOUDKN.
FRANK JENKINS.
LONDON, Head Offlte, 8 Angel Conrt.
SAN FRANCINCO Office, 422 Cali/omig
NKW YORK
BOSTON
Authorized Capital, •
Paid up and Reserve,
IGNATX STEINIIART.
LILIENTHAL. Cashier.
Bo!iton Bankers.
Adolph Boissevain & Co.
Parker
AND
No. 68
AMSTERDAM, HOLLAND.
& CO
&
Stackpole,
BANKERS,
COMMISSION MERCHANTS
N. T. Correspondents.—Heesrg. BIiAKE BROS.
$6,000,000.
1,700,000.
Transact a general banking business. Issue Commercial credits and Bills of Exchange, available in
all parts of the world. Collections and orders for
Bonds, Stocks, etc., executed upon the most favorFRED'K F. LOW.
able terms.
> Managers.
P. N.
BANKERS
St.
Agents, J. * W. -Selieman A Co,
Corresiiond'ts, Massachtieetts N. B'k.
59
Foreign Bankers.
No. 25 Pine Street,
York.
Purchase and sell, on Commission, GOVERNMENT
STATE, MUNICIPAL and RAILROAD BONDS
and STOCKS, and all classes of Securities dealt in
Bank
;
HEAD
MANCHESTER, PAYABLE r» LONDON
DEVONSHIRE STREET,
BOSTON
Mat
15,
THE CHKONICLE
1880.J
Boston Bankers.
Geo.Witi.Ballou&Co
ANKERS,
Wall
8
72 Devonahire
Street,
NEW YORK.
DEPoarrg Reczited
Choice
Geo.
St.,
Geo. B. Holt.
B.illou.
Co.,
BANKERS,
CONGRESS STREET,
Boston, mass.
Dralen
Bonds, Gold and CommonjUl
Ln Stocki,
ttaper.
Orders ezecnted on Commlislon at
Broken Board
Auctlona.and Private Sale,
lavestment Becarttles conBtanttrnn hand.
&
Chas. A. Sweet
Co.,
No BANK OH RAILKDAN KVPLOVEE NEED ASK HIS
ruIKNUH TO HkcoME
Canada Guarantee Co.
THIKI,IN(J ('HAU<;K I'KK ANNL'M.
This conipiiny'M Hurfiy.slilp 1» acceptort by many
nf tlifj prlnclpul L'. S. Hiiilritad C-ornpttnies and some
of tho UiitikH. In ('juiiulii ittt Bonds are nonr almost
universally remilroti by the Uovernmenta, Banks,
the Gross Resources
Just published.)
&c., may be
260
H. Peck,
I
Co.,
WILLIAM STREET,
HAILROAD INVESTMENT SECURITIES ;
STOCK BROKERS,
SiraraONS' B U
&
New ITorlc.
BUY AND SELL
Curtis,
D
li
Collect Coupons and Dividends
N G,
I
;
NEGOTIATE LOANS AND DRAW BILLS OF
EXCHANGE ON LONDON.
Boston, Mass.
OF
&
Wilson, Colston
All business relating to the Construction
Equipment of Rai-lroada undertaken.
Co.,
positions of trust.
Full Information can be obtained at the oBoe. 187
Broad war.
Wm. M.
BANKKKS ANjj SUOKBBB,
BALTIULORE.
ISVKBTMKNT
ipectaltT.
Uorrenpondcnce
27
VIRGINIA 8BC0RITIB8
and
solicited
and
a
information fur.
N. \
.
CORBXSPONDKXTS— McKim
B. S. UBIHID88, Prea't.
Brotliers
A. K. WAx.KSB,Caelilet.
T.
A. B. Mull. GO.
W. O. I^>w, A. S. Barni'S. H.A. Ilurlbut,
T.Htranahan. Charles IKmnls. Wm.
Richards. H. B. ClaHln, John D. Mairs, Lvmui
ju—orf.
W.
Briggs. 8. B. Chittenden.
Willinms.
.M.
Gwynne & Day,
First National Bank,
WILMINGTON, N. C.
C"Uectiona made nn
all
pant or the United
Statea
Taos. P. UTLLBR, R. D. WILLIAMS, JXO. W. MILLER
CUAS. B. MILL£U.
Thos. P. Miller
&
BANKERS,
Buys and
CItjr
aells for cash,
Loans.
or on approved margin,
Securities dealt In at the Stock Exchance.
all
A
Transact a general banking and brokerage bnaU
ness In Railway Shares and Bonds anil Oorenunent
securities.
Interest allowed on deposits.
Investments carefully attended
Special attention paid to collections, witli pronapt
payment.
Correspondents.— German-American Bank, New
York Louisiana National Bank, New Orleans Bank
;
;
of Liverpool, Liverpool.
BANKERS,
New
53 Wllllain Street,
DEALERS IN
Bought and Sold on Commission.
'nrglnla Tax-Jiecfivabk Comxms Bought.
SOUlUKHy SECUHiriK.H A SPEVlALir.
LOANS NEGOTIATED.
Hilmers,McGowan & Co
BtlOKERS IN
Foreign Exchange, Stocks and Bonds,
•
63 IVall Street, New Vork.
{P. O. Box 2,1M7.)
Special attention paid to the aogotlatlon of
&
Gas Stocks,
No.
1
F. Zebley, Jr.,
BANKER AND BROKER,
NEW YORK,
BROAD
ST.,
(Drexel Buiujino)
Investment Secnrltles.
Orders executed at the Stock and Mining Exchanges.
Special attention given to Defaulted Railroad and
Municipal Securities of Illinois, Kansas, Missouri,
owa and Nebraska.
Correspondence solicited and
given on all classes of bonds and
&
So*
SS Broadway, cor. Exchange Flace,
BALTIMORE HOUSE:
TRANSACT A GENERAL BANKING BUSINESS,
21 South Street.
INCLUDING THE PURCHASE AND SALE OJO
H. H. Hollister.
n. H. HoLi.isTKH,
S. H, DUNAX,
RUBKItT B. UOI.MI-.S,
STOCKS AND BONDS FOB CASH OR ON MAR.
Members of Now York Stock Exchange.
GIN. BUV AND SELL COMMERCIAL PAPKK.
NEW YORK HOUSE
Mew
:
Street.
BROAD
24
ST.,
NEW YORK.
Stocks, RaKroad Bonds, Oovernments, and all Securities dealt In at the New York Stock Exchange
bought and sold for investment or caiiried oamar>
on commission.
JAS. MCGOVERN, JR.
COLE.MAN BENEDICT,
N. Y. Stock and Mining Exchanges.
gin. strictly
Member
Fred.
H. Smith,
BANKER AND BROKER,
EXCHANGE PLACE. NEW YORK.
RAII.ROAD SECURITIES
BONDS,
(An Intimate knowledge of
NEW STREET^
informoUoa
full
stc cks.
BANKERS,
Stocks. Governments and Miscellaneous Securities
buuKht and sold on commission.
all
for the post 10 Years
A SPECIALTY.
&c.,
HBW TOBK.
John
Co.,
No. 08
SECURITIES, CITY
Com*
bills.
NEW YORK AND BALTinORE,
Interest Allowed on Deposits.
Beers, Jr.,
York.
Acceunts and AKency of Bankfl, Corporatlona,
Bnns and individuals received upon fuvorable terms.
Dividends and intoroet collected and remitted.
Act as agents for corporations In paying ooaponi
and dividends'; also as transfer agents.
Bonds, stocks and securities bought and sold on
commission.
Sound railroad and municipal bonds negotiated.
Sterlinfc exchange bought and sold. Drafts on
Union Bank of London.
Correspondence BoHuited.
R. A. Lancaster & Co., Coleman Benedict & Co.
BANKERS AND BROKERS,
STOCK AND BOND BROKERS,
66 BROADW^AY, NEW YORK,
Flmt-ClaDS luvextment Securities.
O'JVEliNMENT BONDS, STATE. CITY, COUNTY.
RAlUtOAU & MISCELLANEOUS SKUURITIKS
Co.,
choice line of Investment Bonds always pn
43
Financial.
BROOKLYN
&
Jesup, Paton
BANKKUS AND BROKERS,
remittances at current rates of exctiange on day of
to.
hand.
Co., H. H. Hollister
MOBILE, ALABAMA.
N. T.
No. 45 Wall Street,
[Eatabliahed 1851.]
Dealer In
Y. Stock Exchange.)
Negotiates First-Class Railroad, State,
and
Vlcn-Presldont.
<;oo. S. Coo, J. 8.
5
Co.
ft
HitiiiiiH.
Jou.N M. Crank, Kccrctary.
(iunomi Agent.
KiiWAKii STARK,
„
DlRlttTORg-George
Hop...
and
PINE STREET,
NEW TOBK.
(Member of N.
ntfltied.
liirilAUDf*. Prenidnnt.
Lyman W.
A. Moran,
Daniel
YORK,
all
mercial
Southern Bankers.
XEW
Guaranteeing the fldelity of peraon* holding petitions of pecunlSTT tru»l and ri'«pon»lbllltT. thai
secnrlnKSCORPORATEOUAHA.STKKInllea of a
pemonal bond where Mcurltr In requlrwl for the
falthfal p«rfom>ance of the duties or eBPloirea* In
OFFICE:
Kennedy
No. 63
FIDELITY A CASUALTY Ce.
had on applica-
Baakers aud 3Ierchants,
BOSTON.
&
HEAD
EDWARD
$47^.406
30th, 1878,
^t. Jainef» Street. ITIontreal.
KAWLINGS, Miimiger.
S.
J,
EXCHANGE PLACBs
Jackson
Oovenunent to December
Prospectus, Fok.ms,
tion to the
BANKER AND BR6KER
7
Ouniincrciiil Institutions.
THK ('ANADA (il'AKANTEK COMPANY IS tho onJy
that has
snccossfully oonducttu! this buslnesfl.—a result of
which )h that It huK been able to establish a Bonut
rtv.Htem for tli').**** who have been It or nmro years on
the books. wlRTt'by the .Hub;<e<|ut'nt premiums are
annually rcducoil,— (/ic rfiliuiiun thit ymr i» from 15
to ;1G per cent on the unwil ratt.
The advantaKcs of transacting business with this
Company are t)iat it Is a weil-establif>hed Instltutlt!n, and has aniijlo resorvea, over and above Its
capital, to provldo aKJiiiist exceptional reverses.
The most conipIetH and reliable Information is cjbtalned asto the antrctdentu uf Employees, and this is
realnr of the tlrut imi)ort4inco to the Employer, as
also the system of periodical supervlslou and revision of those on the Ct)ni pony's Books,
Over *100,<>00 have already been paid by this Company for liisses by unfaithful employees, wUlu/ut a
siiyjle confi-st nt law.
The Available Assets of the Company (at
illst Dec., 18715) over and above uncalled
Capital, were
1110.046
IN GOVERNMENT SECURITIES
County and Railroad Bonda.
No.
and
Company on thu American Continent
DEALERS
F.
CuNTINDE HIS
AS TUE
IIII
GKANTR BONDS OF RKCURfTy FOK ALL
KLUJIBLK MKN IN SI'CH I'OSITIONS AT A
(See Ueport to
STATE STREET, BOSTON.
State, City.
FIDELITY GUARANTEE BONDS
ARE ISSUED BY THB
And
BANKERS
40.
BONDS OF SURETYSHIP
For Onicers and Kmployees of Bank
and ItalliVHys.
Hallway:*,
&
Brewster, Basset
No. as
Financial.
tiURK'rik:.S,
RAIL,ROAD and MUNICIPAL
SECUKITIES For Sale.
Wm.
Financial.
BOSTON.
akd intebist Allowed.
m
Investors orDealora wishing to bny or sell are
Invited to communicate.
State, Municipal and
Hallway Bonds and Coupons bought aud sold at best
Market
liutes.
P. O.
D. A. BOODY.
New
York,
Box
447.
W. MCLILLAN, JB.
REUBIN LBLAKD,
C.
New England & Western
INVESTMENT
CO.,
Nos.31 AND 33 PINE ST.. NEW YORK,
Ko. 19 CONGItBS^ STRBET. BOSTON,
UNION BUILDING, CUICAGO.
€AP1TAI< STOCK,
•
-
$200,000
-
Offers to investors carcfullr-selectcd securities
bearinif from 6 to 8 per cent interoet. Investment
securitioi bought :iud sold on c(.>mml8sion. 8ettlem>-nts made for holders of defaulted seonrlties.
Will uct as uaents In fundiUK and reiirKanUlng debts
of munieipiilities, railr<>tid cumpunies, and other
corporations. Correspondence solicited.
JOHX C. SHORT, Presulent,
* v.t•
GEOKOK W. DKUEVOISE,
LtTcrt's L.
V. PrCS.
f
•^»''
^^^
lOTKe
HUHBAUi), Asst. Vioe-Pros.» Bostom
THE CHRONK^LE.
IT
Finaneial.
Financial.
Dickinson
No. 43 Bxchange Place,
New
York.
and other well-known mines. Letters and telegrams
from these districts received tjallr. Orders exeoated direct at the San Francisco Stock Exchange
Howard C. Dickinson,
Platt K. Dickinsox,
Members N. T. Stock Exchange and N. T. Mining
Stock Exchange.
NOYES,
C.
NASSAU STREET,
ai
BUYS AND SELLS
ALSO,
Investment
and Miscellaneous
Classes of
Securities not actively dealt in at the New
York Stock Exchange.
kinds of
MISSOURI
iind
All
FAULTED COUNTY BONUS.
full
Give
price paid for them.
address,
ILLINOIS DEHighest market
description, ani*
li. A.
BANKEK AND BKOKER,
Louis,
124 N. Third
street, St.
Southern, Western, Northern and Eastern Ballwav
Bonds and Stocks; also, State, Municipal and all
classes of reputable investment securities, bought
and sold at best market rates. Investors ind dealers
wishing to buy or sell are invited to communicate
with us. Loans negoiiated for bankers and brokers.
CHARLES
24.
New York
MILTON B. LATHAM, President.
C. T. CHRISTBNSKN, Treasurer.
Chartered under the Laws of the State of
B.
County and Tawnslilp Bonds
OF THE STATES OF
niSSOtJKI,
KANSAS
and
W. LEAVITT. Secretary.
Is now ready for
This organisation
offers Its services
on reasohable terras In
NEBRASKA;
All Classes of Railroad Bonds.
&
kirk,
No. 4 Broad Street, Ne«v ITork.
Geo. H. Prentiss,
19
BEOAD STREET, NEW YORK.
GAS STOCKS
AND
OAS SECURITIES.
8TKEET KAILEOAD STOCKS AND BONDS
AND ALL KINDS OF
BROOKLYN
SECURITIES,
DEALT IN.
SKB GAS QUOTATIONS IN THIS PAPER.
STOCKS
and
BONDS
At Auction.
The Undersigned hold
SALES
REGULAR AUCTION
of all claeses of
STOCKS AND BONDS
OK
WEDNB8DAT8 AND SATURDAYS.
ADRIAN
No. 7
H. niUELER & SON,
NEW YORK.
PINE STREET,
H.
L. Grant,
Ho. 14S
BROADITAY,
HEW
YORK.
trans-
all
custody and Investment of funds, the registry and
transfer of stocks, and the
payment of dividends.
(Under the auspices of the Mining Trust
Co.),
Exchange Rooms and Offices, No. 63 Broadway, N. Y.
This Exchange will be opened as soon as the
necessary Improvements in the rooms now in prog-
have been completed— about May 20.
The Committee on Stock XAst and Securities
MINING C05IPANIES
and
blanks
list
obtained by addressing
is
the City of New Y'ork.
Sinking fund of two per cent of the gross earnings each year, beginning with 18S5, for the redemption of bonds.
Issued at the rate of $15,000 per mile of completed road. Proceeds for extension of line from
Burlington to Wichita, and from Ottawa to Kansas
City or Leavenworth.
Subscriptions to the amount of $2,500,000 are invited by the under-mentioned company, and will be
received in even thousands in any amount. A stock
interest in the road is allotted with the bonds. The
bondholders are to have a majority of the Board of
Directors until the completion of the road to
Wichita. Circulars and other information In detail
will be furnished on application to the
New York,
now
F.
31
,i
BUDGE &
number
STREET,
CHAS. H. BOOTH,
Room
WANTED
FOR
S\I.E:
J.
CHEW,
C.
7
\raU
Street.
NEW JERSEY MIDLAND,
KANSAS AND NEBRASKA
,
SECURITIES,
Bought and sold by
J. 8.
Stocks
Insurance
;
*V ANTED
Alabama, South Carolina & lionlslana
State Bonds;
New Orleans Jackson ic Gt. Northern,
Xnisslsslppl Central, and noblle
Sc Ohio Railroad Bonds ;
City or New Orleans Bonds.
BORG,
14
WALL
STREET.
FOR CHOiCE
Street.
COiHPANY, TREAStJRER'S DEPART.MENT, PHILADELPHIA, May 1, 1880.— The Board of Directors has
semi-annual Dividend of
on the capital stock of the
Company, clear of all taxes, payable on and after
May 28 to stockholders as registered on the books
of the company at'3 P. M. April 30, 1S80.
In order to give the shareholders the benefit to be
derived from a distribution of the shares of the
Capital Stock recently purchased from the City of
Philadelphia, the option is given to the shareholders
to receive the dividend hereby declared, either in
cash or In scrip convertible into the Capital Stock
day declared
this
a
THREE PER CENT
'
of the Company at par, when presented In sums of
provided the said option shall be
Fifty Dollars
exercised on or before the 1st day of October next
will be paid In cash.
dividend
the
otherwise
;
7 Per Cent Mortgages,
JOHN
D.
TAYLOR.
Treasurer.
OFFICE OF THE HOIHESTAKE
May
1880.
ADDRESS
MINING COMPANY, NEW YORK,
DIVIDEND No. 17.
II.4NNA1IAN,
Indianapolis, Ind.
WANTED
Flint k Pere Marquette Railroad Certtflcates
Central Railroad of Iowa Bonds and Stock.
Port Huron A Lake Michigan KR. Co. Certificates.
St. Joseph & Western Kailroad Co. Securities.
Des Moines & Fort Doige Railroad Bonds.
New Jersey Midland Railroad Securities.
New A'ork A Oswego Railroad Securities.
Indianapolis & St. Louis Railroad Bonds.
South A North Alabama Railroad Stock.
South Carolina Railroad Securities.
Kansas A Nebraska Railroad Securities.
Greenville A Columbia Railroad Securities.
Vlcksburg A Meridian Railroad Stock.
City, County and Town Bonds of Western States.
City of St. Joseph, Mo., 7 and 10 Per Cent Bonds.
City of Atchison, Kansas. Old Bonds.
Scioto Valley Railroad Bonds and Stock.
CITT BAILROAD STOCKS ft BONDS
BOUGHT AND BOLD.
WAf. B. UTLEY, 31 Pine
tt qsOUttOBi ot PltrSsUroadi Is this paper.
STANTON, 19 Nassau
PENNSYLVANIA RAILROAD
A SPECIALTY.
Cash paid at once for the above Securities or
they will be sold on commission, at seller's option.
SMITH &
:
City of Dallas, Texas, Bonds.
Bonds.
Dealing
ic
Dhbxel Buildino.
Houston East & West Texas Railway Bonds.
PINE STREET.
LEVY
54,
Texas State 7 Per Cent Bonds.
City of Austin, Texas. Bonds.
FOR SALE
7
CiOED.SCIlMIDT,
WANTED
Bailey
CO.
CO.
CINCINNATI IXDIANAPOfclS ST.
LOUIS & CHICAGO
STOCK, BONDS AND SCRtP
BOUGHT A^^D SOLD BY
Toledo Logansport & Burlington Bonds.
Union & Logansport Bonds.
Home Watertown & Osdensburg Bonds.
Ind. B1oominKt''n Jt West. Old anu New Securities
New Jersey Midland Bonds.
S.
and
Boston.
49 Exchange Place,
DEALERS IN INVBSTME.XT SECURITIES.
Bonds Generally.
E.
New Yoiik,
St.,
6 Per Cent Trust Certificates, due ISSli
(TOTAL ISSUE $492,'200)
For SAtE Bv
BASEMENT,
In InTestment Securities aod
New York & Greenwood Lake
Congress
FINANCIAL AGENT FOR THE RAILWAY
Albert E. Hachiield,
NASSAi;
W^estern
&:
LOUISVILLE & NASHVILLE RR.
of non-members' monthly seat tickets of admission.
17
33 Pi.\-E St.,
19
tary of the Committee, care Mining Trast Co.
Applications Will be received for a limited
Ncw^ England
All
may be
MOLLER, Secre-
information
WM.
Co., Trustee.
INVESTMENT COMPANY,
of the Exchange.
full
Trnst
These bonds have thirty years to run. and bear
seven per cent interest, payable semi-annually in
desiring to have their stocks
placed upon the regular
&
Farmers' Loan
ress
ALSO.
tobe¥
and
business,
actions pertaining to Mining Interests, such as the
B. «KCE.\E,
Deals
BANKER AND BROKER,
New
Ifork.
Broad
S«..
30
WANTED
Oltjr,
2) OFFICE 5ll5BRaADW/\Y^N.Y.^
necessary
OTo.
A SI'KCIALTV.
BOOH
FIRST ]»ORTClAOE BONDS.
prepared to receive and act upon applications from
„^«w-.w.--»
COaiTAKI>,
.
RAILWAY COMPANY'S
American Mining Stock Exchange,
Trnst Companies' Stocks,
Telegraph Stocks,
Telepboue Stacks,
Railroad Stocks and Bonds.
^VAXTED
tmfelu;
Special attention given to consignments of bullion.
Ga«IlKl>t Stocks,
>U
Kansas CityBurlington & Santa Fe
'
SeStocks, Railroad Bonds, OoTernments, and all
curities dealt In at the N.T.Stotk Exchange, bonght
margin.
and sold, either for InyeBtment or on
H»Te been connected with mining since the dlscoTerr of the famous Comstock Lode, and also
pioneers In the celebrated Bodle district, In which
" Bulwor," " Bodle,
are located the " Standard,"
XXX
Vol.
Financial.
Bro's,
BANKERS,
WM.
I
St.,
N.
Y
12,
The Regular Monthly Dividend of Thirty Cents
per share has been declared for April, payable
at the office of the transfer agents. Wells, Fargo &
Co., 65 Broadway, on the 25th instant.
Transfer books close on the 20th Instant.
H. B. PARSONS, Assistant Secretary.
OFFICE OF THE DEADWOOD
COMPANY, No.
May
18
nilNING
WALL STREET. New Y0BE>
10, 1880.
DIVIDEND No. 5.
of Twenty-Five Cents per
declared for April, payable at the
been
has
share
office of the Transfer agents. Wells. Fargo A Co.,
65 Broadway, on the 20th inut. Transfer Books
close on the 15th Inst.
H. B. PARSONS, Assistant Secretary
The monthly dividend
xmm
HUNTS MERCHANTS' MAGAZiNK,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATES.
lEntered, acciiraiiig to act of
VOL.
C'oiigretie, iu
Wm.
tbe year 1880, by
B.
Dana &
SATUllDAY,
80.
Co., In the otUce of the LiUrariim of
MAY
CONTENTS.
MERCHANDISE
News
of Coinmei'ce
50fJ
Special ciuil Not General Tariff
Reform Desirable
510
506
THE BANKERS' GAZETTE.
Money Market, U.
8.
ps
and ti iiin Jan. 1 to May 1
507
LatCHt Monetary and Commercial English News
509
Comuiercial and Miscellaneous
503
lapse
AtchiHou Topeka & Santa Fe
50-1
Railroad
Mr. Slieriuan and the Chamber
Quotations of Stocks and Bonds 515
New York Local Securities
51G
Investments, and State, City
and Corporation Finances... 517
Securi-
Rvilway Stocks, Foreign
Exchange, New York City
Banks.eto
512
ties,
THE COMMERCIAL
Commercial Epitome
TIMES.
520 Dry Goods
Cotton..
Breadstufts
521
525
M'y 13
••
Imports, Receipts and £xi>ort8 527
the latest neiesvp to
issued every Satur-
midnight of Friday.
[Entered at the Post Office at New York, N. Y., as second-class
mail matter.]
IN
For One Year (including postage)
ForSixMoiiths
do
Annual subscription iu London (including postage!
Six mos.
do
do
do
ADVANCE;
$10
20.
6
10,
£2
7s
1
Ss,
AdTertisements.
Transient advertisements are publiahe<l at 25 cents per line for each
Insertion, but when definite orders are given for live, or more, insertions,
a liberal discount is made. Special Notices in Banking and Financial
colunm 60 cents per line, each insertion.
WILLIAM
79 &
DANA
B.
te OO., PnbUihers,
81 William Street,
YORK.
NEW
Post OKriCB Box 4592.
A neat file cover is furnished at 50 cents postage on the same is
cents. Volumes bound- for subscribers at $1 20.
tjT" For a complete set of the Co.m.iiercial and Financial Chronicle—July, 1865, to date—or Hunt's Merchants' Magazine, 1839 to
1871. inquire at the ofHoe.
.
;
18
ii
.
|N
1
II
1*
CIS.
CIS.
$
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1^81125
to
enlarge the foregoing by adding other
they would afford us no additional information,
"We might sum up or describe the course of the entire list
by saying that last spring a
rise in values began which produced universal speculation,
culminating this spring in a collapse, the force of which
has not yet spent
has
in,
now
itself.
Wool
is
about the only article
not closely following the general decline, and that
just
begun
to partake of the prevailing influence;
but although late in starting, unless the supply turns out
much less than is now claimed, it will soon necessarily
Subscriptions will be continued until ordered stopped by a Kritlen
order, or at the publication office. The Publishers cannot be responsible
for Remittances unless made by Drafts or Post-Offlce Money Orders.
WIU-IAM B. DANA
JOHN O. FLOYD, JB,.}
OF EACH MO-Cni.
of the merchandise markets
dealt
TERMS OF SUBSCRIPTION-PAYABLE
777.
but simply furnish a wider illustration of the same truth.
^Ixc (^hvonicU.
is
FIIIST
ll>a.
we were
If
articles,
The Commercial and Financial Chronicle
Si.
V
CIS.
Juir, -70 l;'i6
Aug.,'Ti)
Sep., '711
Oct., '79
Nov., '79
Dec, '79
.Ian., '80
Feb., '80
Mar., '80
Aiir., 'SO
May, '80
ABOfT THE
C.l
52(1
I
day morning, with
I'KICES
k
Earnings In April,
RaUroail
an<) Its Col-
NO.
1880.
15,
THE CHRONICLE.
The Speculation
Coagrcw, Washington, D.
tumble with the
We
good purpose by
because such a
prevailing tendency up and down, must have a general
origin; and further, because, as we have already stated, we
may thus in some measure help to enlighten those who are
looking for " another boom."
The year 1879 opened on a condition of universal mercantile prostration with extremely low values the world
over, after a period of depression -coostantly growing in
severity from 1873.
It will in no 'manner help our present purpose to refer to the causes which had produced that
condition
it is sufficient to know that it existed, and that
the whole producing world was almost hopelessly despondent. ^The readjustment of our currency to a gold
basis, perfected in January, 1879, gave capital-its first feelanalyzing this
rest.
shall serve a
movement a
little
closer,
;
THE SPECULATION AND ITS COLLAPSE.
There is no great
interest felt, beyond the trade affected, in
the ordinary market fluctuations, except by the speculator.
Prices at all times are rising and falling under local
or special influences,
The changes however
but have no general significance.
that are
now
taking place, and those
which have occurred during the previous twelve months,
are of a diilerent character.
sentiment,- if
terest
or the
to
us,
light
the future.
told
by a
.
They are the
history of a
not of a principle, and are of present
because of the conclusions
in-
we can draw
we can gain from them, with regard to
The story of the rise and fall is quickest
table of
of merchandise.
monthly prices of a few leading
articles
ing of security, subsequent to the break of 1873.
Timidly,
at the start, but with daily increasing boldness as our ex-
periment of specie payments proved its permanenfty, capital
became more and more venturesome, until with the large
influx of gold from Europe the last doHbt with regard to
the currency was removed, enterprise eveiT'where was
quickened, and a feeling of general and extreme elation
displaced the intense despondency before that felt.
How
could speculation be stayed within any ordinary limits
under such circumstances, especially when Jhe large prices
received for our staple products, the large earnings secured
by oiQr
railroads,
with the large consumption thus set in
lUE CHROJNICLE.
504
good
affording
motion
industry,
made
it
look as
to every manufacturing
profits
if
no price was too extravagant
[
V^OL.
iiA.
could be obtained simply by pushing up prices.
That
In the second place it is well to remember that our prosperity has in no degree been checked, but
bubble has burst.
So buying became the
"We have been taught the
felt as if riches were rather advanced by this result.
order of the
on
great
truth
came
near
forgetting
we
even
that wealth is the
something
own
only
if
could
he
reach,
within his
reward
The
young
men
of
labor.
that
have been sending
margin.
slenderest
the
A feature w"hichfor the time helped on this craze was their dollars to "Wall street, Hanover square and Whitehall
to realize a further
profit
day, for
upon.
every
man
—
the reaction which it also produced in Europe. Of course,
under the circumstances recalled above, the most extravagant ideas of consumption were circulated and acted upon.
street,
are
expecting as a result to spend their
among
those
who have
life
without
received this lesson.
also fast getting into a condition in
We
toil,
were
which we could export
Can we expect the country to
prosper long with such a tendency.
The severe process
our demand now going on will probably rectify this defect. It has
"We were told, for instance, that two or three times as many
miles of railroad were to be built here in 1880 as had ever
none of our manufactures.
same time before, and that
exceed the capacity of the world already set produce in motion; we look to see it act simiwould
iron
and
for rails
all over Europe, bought every larly on our manufactures, which we were so freely sending
sent
So
we
it.
supply
to
be away when the year began. There is, we believe, a pros•old rail, in fact every scrap of iron which could
but it is not to be attained
-scraped up in Great Britain and on the Continent, and perous future before us
us through a senseless speculation, as was generally supposed
;set the mills of Europe producing under orders from
which made their owners fairly laugh again. And what we a few weeks since, but through such industry, economy in
•did in the iron and steel departments was only about a fair production and wisdom in legislation as will enable us to
•sample of the renewed demand we made upon many other compete with other countries in the markets of the world.
been
built in the
;
European
industries.
Naturally, this revival there reacted
in some measure on ourselves, giving us for the time being
higher prices for our own products.
Such a course must evidently have a limit it is
We
unnatural, and will react unfavorably sooner or later.
always deceive ourselves as to consumption while a rise
of that kind is in progress, and speculation takes
and finally brings
trade
legitimate
the place of
catastrophe.
;
In
the
present
case
the
country
found itself with the beginning of this year in a state
which the facts we have been relating would naturally
produce. In the first place, instead of products going into
consumption, they went into stock; hence, suddenly and
rudely we were waked up (by money becoming very close)
to a realization of the fact that we were carrying immensely
.
dt
SANTA FE RAIL-
ROAD.
real prosperity is not a condition of constantly rising
But
values.
the
THE ATCHISON TOPEKA
The Atchison Topeka
&
Santa Fe Railroad has of late
more than ordinary
years assumed such a position that
interest
attaches to
its reports.
The
charter for the
construction of the road was granted as early as
3,
March
1863, and authorized the building of a line from Atchi-
son on the Missouri River in a southwesterly direction to
some point on the western boundary of the State of
Kansas. Ten years were allowed in which to complete
the road. Nothing was done for a long time afterward,
and it was not until the charter changed hands, in Sept.
Even
1868, that any effort was made to begin work.
then construction proceeded but tardily.
In
1869 28
and in the following year 34 miles,
In 1871 a
increased stocks of goods and merchandise, domestic and opening a line from Topeka to Emporia.
foreign.
Our national banks reported their loans and dis- little more headway was made, and the road extended 75
The necessity for
counts on the 4th of April, 1879, at 814 millions; on June miles further west, to Newton.
14, at 835 millions; on October 2, at 878 millions; on prompt and energetic action, in order to save a large
December 12, at 929 millions; and on February 21, 1880, and valuable land grant, now became apparent. Only
Here was an increase of 155 miRions in about a year remained in which to complete operations.
at 969 millions.
the loans and discounts of the national banks in a little Accordingly, on March 22, 1872, the directors voted to
more than ten months. There is a popular belief that proceed with all possible haste, and immediately gave out
this was all due to speculations in railroad securities; that, contracts for the completion of the remainder of the line.
we admit, was in part the cause, and yet it was only one
With such expedition was the work now pushed
feature (and not the most harmful) of the condition which that the entire road from Atchison to Colorado was put
pervaded all business classes and interests. Of course, in operation on Dec. 28 of the same year, 362 miles (inwith such an accumulation of stocks of merchandise cluding a small branch from Newton to Wichita) being
in progress, and such a rise in values, our exports thus built within the brief period of nine months.
Soon
did not keep up to anticipations, while our imports thereafter the Colorado & New Mexico (afterwards conwent beyond all precedent. The latter increased month solidated with the Pueblo & Arkansas "Valley), from the
by month, until in March they had reached 7 1 millions, Kansas State line to Granada, 11 miles, was acquired.
and probably in April even more than that, being the Then there was a lull until October 1, 1875, when the
result of orders sent out while the excitement was at its Kansas City Topeka & Western and the Pueblo &
height.
In consequence of this great change in our trade Arkansas Valley were leased, the former giving an outlet
balance, exchange rose until specie began to move from us to Kansas City and the latter (not finished until the folto Europe; this latter fact, however, soon disclosed the lowing year) running from Granada to Pueblo, Col.
artificial condition of the markets, sending prices down and For the next two or three years nothing of importance
again starting the export of goods.
was done except the leasing of the Pleasant Hill & De
Such is a brief history of the past few months. The Soto, giving connection at Pleasant Hill with the Misconclusions we may draw from these facts are too apparent souri Pacific, and the construction of another small branch
to need any extended statement of them. In the first place, in Kansas.
The extension of the Pueblo & Arkansas
prices are evidently returning now to their true relations, Valley, from La Junta to the southern boundary of
and it is a healthful reaction for no values can long be Colorado, was completed towards the close of 1878, afld
sustained that are not thus regulated.
The elation the since then the work of construction has been carried forcountry felt at seeing our productive energies once more in ward with much vigor. In 1879 about 300 miles of new
motion gave currency for a time to the idea that riches road were put in operation, and up to the 1st of May of
;
miles were built,
I
Mat
THE CHRONlCLk
15, 1880. J
605
A
the current year 150 miles more had been added, bringcompetitor seems to be already in the field.
ing the line to Albuquerque, 918 miles from Kannas allude to the Kansas City Burlington «fc Santa Fe,
City.
At the beginning of 1875 the number of miles This road is at present only in operation from Burlington
operated was 508 ; on May 1, 18fO, 1,318, illustrating to Ottawa, in Kansas, 46 miles, but its ultimate destina-
made during
the progress that has been
the
tion is Santa Fe, in the one direction, and Kansas City,
or some other point on the Missouri River, in the oppo-
last 'five
years.
in
We
But the chief interest which is felt at the present time site direction. Bonds are now being offered to the
this company centres in the proposed line to the amonnt of 2^ millions, and it is the intention to build
by it jointly with the St. Louis & from Burlington to Wichita, on the south, and from>
San Francisco. The St. Louis & San Francisco, it will Ottawa, northward, during the current year. But, as
be remembered, is the former Atlantic <fc Pacific, reor- said above, the Atchison road follows the course of the
ganized. It is under the charter of the latter that the Arkansas River, and by virtue of this fact will always
extension to the Pacific coast will be constructed. The have a strong hold on the business of the section conSt. Louis & San Francisco at present extends to Vinita tiguous to the river.
in Indiiin Territory, and a line through the territory, as
As to the business for last year, it need hardly be said
provided in the Atlantic & Pacific charter, has been that the results of operation were highly satisfactory.
surveyed; but Congress having made no provision for Compared with 1878, the gross earnings increased
the opening of that country, nothing can be done tow- $2,430,574 and the net earnings, $1,545,572. The
ards its completion. The St. Louis & San Francisco operating expenses were only 45-85 per cent of the
parties have therefore decided to build, in connection gross earnings.
The first dividend (3 per cent) on the
with the Atchison Topika & Sante Fe, the Western company's stock was paid in August, and another dividivision of the road first, from Albuquerque, and to do dend has since been paid (Feb. '80) out of the same
it through and under the name of a separate corporayear's net earnings.
After deducting payments for
tion, to be known as the Atlantic & Pacific Railroad, interest, dividends, rentals, operating expenses, and all
controlled by the Atchison & Sante Fe and the St. Louis disbursements properly chargeable to the year's account,
& San Francisco.
there was left to the credit of the income account the
This route will, no doubt, give additional trade, sura of $1,311,505. New construction and equipment
though there seems to be a disposition to over-estimate was paid for by the issue of additional stock, and no
the advantages to be derived from it. Not much can increase was made in the funded debt. The following
be expected from through traffic, that is, traffic carried is a condensed statement of the company's operations
to and from points in California; for, even supposing during the last six years.
Pacific, to be built
that the Atlantic & Pacific could get a large share of it,
the total to be divided would be very small, since the
Union
Pacific
carried
year
last
And
through, east and west.
only
180,214
Tear.
Mileg at
end ofyr.
tons
as for local traflic, the
1874
r,()3
1873.....
711
711
786
868
18-6
1«77
1879
1879
country over which the line passes is not such as to
encourage very extravagant expectations. The soil is
for the most part sterile and unproductive, though there
1,167
Grosa
earnings.
$1,250,805
'Net
earnings.
1,5'^0,358
743,928
1,1»-S,244
2,679,106
1,219,603
1,909,395
3,454,967
3,9r>0,868
f
sloeh:
Funded
tIeOt.
^,615,000 $13,949,000
$623,0.50
•2,-186,r)8'_>
6,381,442
Capital
8.615,000
8,615,000
8,615,000
8,615,000
12,634,400
*
Above operating oxpcuseH,taxe»,aiuUii8urance,
t
Not
tint
13,940,500
14,179,000
14,236,500
14,175,500
14,136.500
not alioverentaU.
iucludiu;; Pottowatouiie bouils or uotcH pajal)le.
meagre
movement. For the first time no
lent in some respects for grazing purposes.
It will be figures are furnished showing either the freight mileage,
seen, therefore, that chief reliance will have to be placed the passenger mileage, the raie realized per ton or per
upon the products of the mines and upon transportation passenger per mile, or the average cost of hauling a ton
It is to be regretted that the manageof live stock. Perhaps, also, the passenger business may or a passenger.
be expected to t^upply something, as in winter the ment have permitted themselves to omit so important
and useful a part of an annual exhibit as the traffic statisSouthern route will be the more favorable one.
tics.
There is a brief statement of the number of pasStill, the new line is sure to contribute some busisengers
and of tons of freight carried, and from this wo
ness, and as the road is an outside affair, the only liability
yet assumed by the Atchison company being a guarantee fiud that tons of freight moved westward increased from
Tlie information given in the report is very
are exceptions to this along the valleys of the liio Grande
and
other
The land
streams.
is,
however,
as regards the traffic
excel-
|
of interest to the extent of 25 per cent of the gross
derived by
earnings
delivered
to
the future.
it
on
the line, this
The
traffic
is
Atchison
a
received
favorable
company
from
or
feature for
also
proposes
This increase
288,278 in 1878, to 496,886 tons in 1879.
was derived chiefly, no doubt, from additional quantities
of railroad supplies, &o., carried
of
the
company's
own
;
in fact,
materials
are
109,329 tons
included
in
from Albuquerque southwestwardly to the the total for 1879, which, however, was counted as
Mexican frontier.
This line would connect with the contributing but $252,294 to the gross revenue.
Southern P;icifie, giving still another outlet to the Pacific The number of tons moved eastward decreased 17,573,
coast.
In addition to this a road in Mexico is contem- the result wholly of a partial failure of the wheat crop,
plated, from the northern boundary of the country, to causing a falling off in the quantity of wheat transported of
Guaymas, on the Gulf of California. Indeed, it is said 80,882 tons. It will be noticed that while the westward
that materials and engineers have already been sent south movement, excluding the company's freight, was only
These remarks will give an idea of how about one-third larger than the eastward movement, yet the
to begin work.
vast and far-reaching the plans of the managers of this receipts from the same were more than 2^ times as large.
to build
corporation are.
For the
larger part of the distance the main line of the
&
Santa Fe, in Kansas, passes through the
the valley of the Aikansas
River.
Up to this time it has had pretty nearly all this
and the adjacent country to itself. But from present
appearances that will not long continue to be the case.
Atchison
rich
and
fertile district of
accounted for by the fact that the freight bound
west is usually hauled longer distances, and by the further fact that the rates obtained are better. The passenger movement also shows a gain, both eastward and
westward, and the receipts from the same arc $365,734
in excess of those for 1878, notwithstanding a reduction
This
is
in the rate of
fare.from six cents per mile to four cents,
THE CHRONICLE.
506
The
as folfreight and passenger figures in detail are
lows
Passengers Carried.
Tons of Freiffht Mored.
Tomi.
West.
East.
rear.
79,416
104,897
157,141
176,122
322,808
305,235
1874
1875
1876
1877
1878
1879
186,310
252,383
325.622
372.083
611,086
802,121
106,894
147,486
168,481
195,961
288,278
496,886
Total.
West.
East.
32,248
32,877
60,109
70,667
99,690
144,796
69,659
72,942
133,727
105,318
217,105
314,301
37,411
40,065
73,618
88,651
117,415
169,505
[Vol.
XXX.
however, are imperfectly understood, and their application ofiEers a wide field for the statesmen and econoOne of their obvious uses is to
mists of the future.
how
suggest caution and to show
stantial basis exists for
far a solid
some of those
erratic
and suband sud-
den fluctuations which have been so often developed iu
the sensitive values of stocks and merchandise. Making
all due allowance, however, for these laws and their
operation, the most powerful causes of the increase of
JUR.
SHERMAN' AND TEE
COMMERCE.
CHAMBER OF
national
wealth
lie
in
the
energies of the country.
As
finanof the chief causes and indications of the
referred
aptly
were
States
cial prosperity of the United
annual
to by Mr. Secretary Sherman on Tuesday, at the
productive
The
Commerce.
of
Chamber
banquet of the
thriving,
tion
industrious
from panics
is
productive
has been well said,
a rich, thriving nation because
Some
and
industry
we
are
we have
fifty millions of
and
our recupera-
inhabitants,
the more rapid, because
all classes
of our citizens are producers.
Another fact referred
to
by Mr. Sherman was the
power of our people in all branches of industry is growth of public confidence. On this point there is no
millions doubt. The importance in the money market of that congreater, as he showed, than ever before; three
of emigrants have swelled the ranks of our industrial fidence which raises or depresses public credit has been
armies during the last ten years; the entire country is often demonstrated. Never, perhaps, in the history of
enriched by railroads and telegraphs and for years has the United States has the growth of confidence at home
been blessed with abundant harvests; our mineral resour- and abroad in the bonds of our Government been more
than the wildest imaginings of a few
years since; our four per cent bonds are higher than the
former average of our six per cents; and taxes that
conspicuous than during the
fourteen millions into the Treasury, in April a surplus of twelve millions, and during the present year
and
ces
are greater
last
few
years.
But Mr.
Sherman's strongest point was that our currency system
is the best we have ever organized in this country, and
meet
to
revenue
enough
barely
yielded
ago
years
three
that
to it we owe much of that stability which is
current expenses, in March last poured a surplus of one of the most valuable conditions of productive growth
financial
prosperity.
To some
of Mr. Sherman's
views exception has been taken, and perhaps justly.
the probable excess is estimated at more than one But a hearty response will certainly be evoked by his
hundred millions. Labor is fairly and profitably em- emphatic declaration that " we want no fiat money,
ployed. Capital is augmenting with a rapidity sel- but we want coin and paper money that rests upon the
dom equaled here or in other countries, and we have secured promise of the Government, or of corporathe nearest approach to a sound currency that we
have ever had. Public and private credit is improving,
and at home and abroad there is a growing belief, sustained by abundant evidence, that our industrial development is entering upon a long period of continued
now
prosperity.
In this gratifying review two or three points suggest
themselves for special comment. First, there is room
The
for watchfulness as well as for hope in the future.
fundamental condition of all solid growth in the revenue
tions,';
This
can be converted into coin when needed."
made to the banks in the
limits permitted, he could
Mr.
Sherman's
Had
that
is
address.
the only reference
have strengthened his argument by showing how these
institutions have contributed to our financial prosperity,
for it is admitted by all thoughtful observers, at home
and abroad, that the financial strength and recuperative
power of this country during the war, and since, were
largely due to the elasticity and strength of our banking
system. Whether the foundations of that system have
of the Government, in the credit of its bonds and in not been weakened is a question on which opinions differ;
the productive forces of its people, lies in an ample sup- but it is obvious that if our financial prosperity is to be
ply of fixed and floating capital; and one of the most permanent and solid, the foundations on which the great
satisfactory
rapidity
features
of the
with which capital
panic of 1873, as
we had
immense amount of
financial
is
situation
is
the
frequent occasion to show, an
capital
fabric rests
must be carefully guarded and preserved
During the from harm.
increasing.
disappeared and became
SPECIAL AND NOT GENERAL TARIFF REFORM
DESIRABLE.
was then
demonstrated that the wealth which was thus tempoAlthough now in the sixth month of the session, and
rarily lost had to re-appear again in due time, just as the talking about the date of adjournment, Congress has
seed corn of the farmer is restored by the rich crops it accomplished nothing towards a reform of the tariff.
brings him when the harvest time arrives. In a national Separate bills even those which merely give effect; to
point of view, the growth of our material wealth was, the generally admitted theory that raw materials should
perhaps, less vitally interrupted by the panic than many come in unburdened, as wood-pulp for instance appear
persons have supposed.
However this may be, the to make no material progress, and there is nothing yet
latent and, for the time being, unavailable.
It
—
—
rapid progress
we have made
in
productive power and
to
which to attach any reasonable expectation that any
be genuine result will come out of the turmoil. With the
but rest, there is the Eaton bill for turning the subject over
to tJie re-appearance of capital which had been tempo- to. a special commission.
rarily destroyed during the severe prostration of credit
The only rational way of taking hold of this subject is
and industry which so long prevailed.
Macaulay, in the purely practical one of inquiring what steps of im-
wealth during the last two or three years
attributed, not only to the creation of
may
new
fairly
capital,
provement can be efl!ected, under the circumstances,
some instructive hints as to rather than what, theoretically speaking, ought to be.
those great economic laws which regulate the creation Between the comprehensive scheme which a dozen of the
and disappearance of capital under the influence of panics best economists in the country might produce, as the
and the specnlatiou which follows them. These laws, result of half a year's study, and what a like number of
discussing the growth of British commerce, taxation and
national indebtedness,
oflEers
Mat
THE (CHRONICLE.
15, 1880.]1
iron manufacturers
tariff,
might
present as their idea of
should not have
we
much
a
choice, for the reason
that while the latter would certainly not be good, the
former would probably be bad by being too good it
would have so much closet-theory, however excellent,
Hence we can see
that nothing could be done with it.
inquiry.
The result
any
expert
gained
by
nothing to be
would be only a scheme to be picked to pieces, and we
—
507
During the last twenty years, the tariff
able matter.
changes have averaged more than one per year, nearly
all in
is
the direction of increase of duty.
inequitable, destructive of revenue in
obstructive of the development
some other
harsh.
Yet
it
As
stands,
it
it
some instances,
professedly seeks, ia
and its execution is repressively
industries have gathered around these laws,
and they are the conditions of fact which underlie all
For this one reason, therefore, their comrecall no instance, at least for many years, when such a transactions.
process has led to any practically useful legislation on a plete reversion is a work not lightly to be undertaken.
And all the more is this true because such an attempt
contested subject in Congress or in any State. Of course
To admit either proposition is not admitthis ought not to be so, and that it is, illustrates the is hopeless.
perverse badness of the ways by which legislation is ting that the tariff must therefore stand untouched inknocked into shape ways so bad that the result could definitely yet the change will never be made sweepnever be made so
not be good without breaking the law that links effect ingly, when made, and will
attempted. The entrenchment
with cause; nevertheless, the fact is so; our comnoission long as sweepingly
work commands no assent, but merely brings something cannot be carried by assault at all points a breach
must be made at the weak stone. We must recoginto the legislative ring to be pecked at or smothered.
There is already too much reason to fear that the nize the fact that the opponents are and will be more
Eaton bill, whose friends thus far are active iron men, active than the adherents of revenue reform, and
is intended by them at least as equivalent to keeping
this is so true that if every man in the countrj', not conthings as they are; indeed, the practical outcome of the nected with protected interests, were suddenly to expetreatment during the session seems likely to be the rience a rational conviction on the subject, the impracsame as that of a too-labored attempt at reform, to wit, ticability of carrying a general change would be hardly
nothing. Bills to do this or that for example, the lessened. The practical course is to take up some single
wood-pulp bill, already referred to which cannot rea- propo.-itiofis, independently the strongest, and refuse to
sonably, and quite evidently cannot be successfully, re- allow them to be handicapped.
Methods of indirection,
sisted on their merits and independently, have been like that of referring to an inappropriate committee a
antagonized by coupling them with other propositions reform bill, by which considerable excitement was
that have more opposition. It is a shrewd but simple caused in the House, early in April, may serve to bring
device simply thickening the point of the wedge
and out a test vote, but they are not justified by any neglect
is done, of course, by those who do not want the wedge on the part of committees.
The subject is within the
There is nothing in the free admission control of the majority, and they can enforce their will,
to enter at all.
of wood-pulp or of salt, independently, which could if they have a will. They need not resort to a general
affect protected interests in no way connected with those agitation, nor need they permit obstructionists to do
articles; but the objection U that the bills are a wedge so; one would be destroying the opportunity themand may get its thick part in if not kept out entirely. It selve-i, and the other would be suffering opponents to
seems clearly to be the tacit understanding of all op- destroy it. Neither course is necessary, and the responposing interests that any change will be reduction and, sibility cannot be avoided by taking either. The middle
therefore, dangerous; hence that the old log-rolling and practical course is as plain as the duty of taking
compact must be kept and a solid front of resistance some action.
made to the most innocent proposition. Because it is a
policy of obstruction and of determined resistance to
RAILROAD EARNINGS IN APRIL, AND FROM
touching
the
protected structure at any point,
—
instances,
;
;
—
—
—
—
therefore
general
a
tariff
should
agitation
We
cannot wisely ignore the
fact
entrenched behind our incongruous and be-patched tariff structure intend that no
deprecated.
that
To
who
those
change
JANUARY
be
shall
are
be made anywhere,
if
they can
help
it.
The
1
MAY
TO
table of railroad earnings for the
1.
month of April
presented below, showing that fifty roads earned
$15,080,425 in April, 1880, against $11,883,414 in April,
is
This
18'79.
is
an increase approaching 27 percent, and,
engagement along the line by tagging after allowing for a considerable increase in the number
to the simplest bills amendments which would shatter of miles operated, the improvement tUis year is still so
the structure, is the plain course for an obstructive large as to satisfy the most sanguine expectations. The
policy, and to resist such attempts is as plainly the augmentation of earnings appears to arise from the
course for all who really want any reform at all.
general activity which now prevails in all branches of
precipitate an
Beyond
this,
a general tariff agitation
for the country, because
clear,
it
is
it is
agitation.
is
If
undesirable
anything
is
that material interests need a considerable
—
term of rest and stability, and nothing except a currency agitation could work so disturbingly as a general
and wide alteration of duties. The prospect of such an
event would be temporarily a paralysis, and all the
worse if added to the trouble of our quadrennial hubbub. Say the worst which can be said of the tariff,
although it is not necessary to say nearly the worst, and
the fact remains that we have it.
We have accommodated ourselves to it, and the substitution for it, to-day,
—
business, leading to a heavier freight tonnage, particularly in
freight
towards the West, and
With
increased passenger movement.
West trunk
lines the higher freight rates
in
a materially
East and
the
obtained this
year are also one of the chief elements in the situation.
E ist-bound freight rates was so
Last year the cutting in
sharp in the spring and early summer that much business must have been done by the railroads at a positive
loss.
The average
freight rates
1879, on such prominent roads as
per ton per mile, in
Michi-
Like Shore
&
gan Southern and Michigan Central were the lowest
ever made. The i2rti7/-oa(/ (zase/Ze compiles the following
of a really wise and well-arranged system, would be, table, showing fortheyear 1879, or the fucalyear 1878-9,
immediately, such a shock that whether it would be the average receipt and expense per ton per mile, and
worth having, at such cost, would be a very question- per passenger per mile, of the following roads
:
THE CHRONICLE.
508
—
—
Per ton mile
.— Por paaHPngCTTailo-s
Reo'pt. Cost. Profit. Eeo'pt. Cost. Profit.
•
Boston
& Albany*
Cents. Cents. Cents. Cents. Cents. Cents.
2-14.0 1-241 0-Hi)9 1-07;! 0-622 0-451
..
Mew York Central'
..
2050 1-190 0-SOO
0-7!)6
Erie*
..
2-091
1-594
0-497
O-7S0
2-281 1-682 0-599
2-173 1-641 0-532
2-944 2-923 0-021
2-255 1-709 0-546
2-410 1-480 0-930
2-510 2-270 0-240
2-560 2-559 0-007
2-210 1-414 0-796
2-223 1-448 0-775
2-.'->79
1-135 1-444
2-419 1-282 1-137
3050 1-273 1-777
2-930 1-603 1-327
0-796
1-473
0-512
0-824
Pennsylrnnia
Pennsylvania BE. Dlv.
..
Plilla&Erle
AU Pennsylvania
Pitts. Chi.
& St. L
Col. Chic. Alnd. Cent
Vandalla Lino
MIolilRnn Central
I-ako.'iliiiroiS
,
Mich. So
...
Clere. Col. Oin. * Ind
Chicago A .11 ton
Illinois Central
Chic. Mil. & St. P
•
These throe roads
.
.
foi;
1880.
$
Great Wost'n of Canada!
Hannili.alife St. .To.wiiU..
Illinois Ccntnil (111. line).
(low-a leased line).
0-541
0-561
0-25.i
0-427
1-012
0-354
0-480
0-420
0-590
0-715
0-407
0-.")fi9
Intcrnat'l
0-161
Kan. City F.S.
Kan. City Law.
0219
Do
& West.
Indiana Bloom.
UniUdN. J
0-7-20
158
0-314
0-300
0110
0-700
0-216
0-931
0-285
0-692
0-642 0398 0-244
0-697 0-575 0-122
1-054 0-558 0-496
1-520 0-640 0-880
1-720 0-941 0-779
tho year ending with September, 1879.
the most remarkable figures yet published in
of railroad earnings are those given in
department
any
the extended table at the end of this article, showing the
& Gt.
North...
Gulf..
&
& So.*.
.
Uttic Rock & Ft. Smith.
Louisville & Nashville.
Minuea|)olls & St. Louis*
Missouri Kansas
& Tex.
Mobile* Ohio
N. Y. Cent. & Hud. Riv.
North Wisconsin
Northern P.aciflc
Ogdcnb. & L. Champl'n.
& Elizabetlit'n'
Paducali
Paducah & Memphis*...
St. L. A.&T.H. main line.
Do
Among
do
(brandies)
St. L. Iron Mt.& South'n.
St. Louis* S. Francisco.
St. P. Minn.
Manitoba
&
St.Paultfe Sioux City. ...
Scioto Valley
Tex.18 &L Paeiflc
roads for the month of Toledo Peoria & Warsaw
Wabash St.Louis & Pac.
quarter of the year. The only report Wisconsm Valley
gross and net earnings of
March and for the first
rVoL.
many
of earnings which really shows a positive and certain result
that which gives net earnings as well as gross, an(i
nothing could better prove this fact than a brief refer-
is
Total
Net increase
*
t
be observed that on
15,080,425
&
on Erie and on the Pennsylvania Rail- Chicago East. Illinois.
Chicago Milw. & St. Paul
road, the conspicuous increase in net earnings, as com- Chicaeo & Northwest
Chic. St. P. & Minneap..
pared with the increase in gross receipts, during that Cliicago
& West Mich...
month, gives most striking testimony as to the practical Cincinnati & Springfield.
the Canada
Chic. Clin.Dub.
lines,
Minn..
<fc
.
On
effect of higher freight rates.
the other hand, the
.
Clev. Col. Cin. & Irid
Clev. Mt. Vernon & Del
Denver So. Pk. it Pacific
Detroit Lans. & No
Flint <fe Pore Marquette.
Grand Trunk of Canadat
Great West'n of Canada^
Hannibal* 8t.»Joseph..
importance of having the net earnings is quite as well
shown by the St. Louis & Iron Mountain report, in
which the gross earnings for March, 1880, showed an
111. Central (111. line)
increase of nearly $100,000, and the net earnings, owing
Do (la. leased lines)
Infliana Bloom. & West.
to heavy expenses, a decrease of about |iQ^OOO. Except Interuat'l & Gt. North.
City F. S. & Gulf..
from estimates bared on the rep^-ts of other roads Kan.
Kan. City Law. & So.*.
Liitle Rock & Ft. Smith.
doing a similar business, who can sdy to-day whether the Louisville * Nashville
* St. Louis*
large increase in gross earnings /eported by such promi- Miuueapolis
Mi.ssouri Kansas * Tex.
Ohio
nent corporations as New York; Central & Hudson and Mobile
N. Y. Cent. &. Hud. Riv.
Philadelphia & Reading, do or do not indicate a corre- North Wisconsin
Northern Pacific
sponding increase in net profits ? Since these companies Osden. & L. Champlain.
Paducah & Elizabetht'n*
have gone so far as to give ov^t monthly their gross re- Paducah* Memphis*...
.
.
ifc
8t.L.A.*T. H. main
ceipts,will they not finish the
good work,
in all sincerity,
Do
line.
do
(branches).
* South'n.
& S. Francisco.
* Sioux City
Scioto Valley
St. L. Iron
St. Louis
St. Paul
Mt.
by giving out at the same time their operating expenses
and net earnings?
Peoria & Warsaw
For the first week in May the gross earnings come in Toledo
Wabash St. Louis * Pac.
Wisoousln Valley
quite handsomely, as may be seen by the following
reports from some of the principal roads:
riRST
WEEK IN M.lr.
1S80
Burlington Cedar Rapids & Northern
Chicago Milwaukee & *t, Paul
Cleveland Coluuilms Cincinnati & Ind
Grand Trunk (Canada)
$31,350
235,000
63 418
161,810
22 458
luternntloniil (Texas)
liouisvillo
NasUville
&
Misnom-i Kansas
& Texas
'
Mobile & Ohio
St. Louis Alton & Terr« Haute
St. Louis Iron Mountain & Southern
St. Louis Ac San Fi-aucisco
St. Paul * Sioux City
Wabash St. Louis &Paciflo
Gt. Southern..
ADch.TopekaA .-janta Fe.
Burl. Cedar Kap. <fe No..
Cairo <fe 8t. Louis
Central Pacific
Chesapeake
&, Oiiio
Chlcaj?n.Vt Alton
Chic. Clint.
Dili).
&Minn
Chicazo ti ISiWt. LUnOis.
Chic. Mlhv. & .St. P,-flll..
Chicaeoit Northwest..
Chic. St. P. & Minueap..
Chioago & West -Mich.. ..
.
Cincinnati
& Springfield.
& Ind
137400
61693
30483
!..!!.!!!!.'.
2o',680
'"'
98.900
3S 265
2!5'021
198)418
OBOS8 EABNINGS IN
Alabama
'
'
1879.
45,314
692,000
141,652
31,625
1.374,000
23 1,409
537,326
48,719
83,689
871,000
33,464
546,182
100,132
19,372
1,106,600
162.611
335.393
36,149
60,989
678,439
1,128,894
91,913
54,061
41,133
227.494
31,322
44,090
88,049
102,129
637,239
C'lev. Col. Cln.
Clev. Mt. Vernon & Dei.
Denver So. Pk. & Paeiflc
Detroit Lans. & North.
Flint & Pere Mariiuette.
•GrandTrunk of Canada*
* For the four -weeks ended
281,650
.35.804
238,939
102,061
130.740
766,899
May
1
56,101
151.9)6
15,332
87,753
45,197
27,000
13,065
72,325
18,928
22,364
124,528
APltlL.
1880.
1,276,552
119,126
70,010
63,549
1879.
$21,-292
li)0,999
Inorease. Decrease.
12,.570
22,700
192.561
147,658
27,213
15,919
19,416
54,156
4.282
194.849
14,012
28,611
129,660
Increase. Decrease.
$
199,801
2,277,500
679.464
109,828
5.018.539
845,187
2,184,867
201,225
327,098
3,274,000
4,924,592
395,041
262,234
272,755
1,209,088
139,735
716,886
373,044
505,769
3,257,331
1,537,967
730,031
1,781,783
502,150
377,017
519,678
367,245
191,325
143,747
2,411,573
162,989
1,399,083
759.440
10,518,003
63,582
441,062
122,025
112,867
64,409
414.860
205,710
1,901,038
707,312
429,606
90,-221
419,102
3,415,623
108,919
$
$
5.871
115,656
22.029
13,951
7,069
70,262
41,331
318,196
83,736
239.991
87,963
21,262
104,103
112,374
009,278
14,852
53,895
34,615
48,211
3,068
115
23,556
21,628
20,591
6,721
161,000
500
159.058
17,862
587,698
2,630
67,571
10,583
6,653
3,302
35,591
4,059
85,104
90,767
93.023
27,601
809
68,897
20,132
280,8.-.9
18,293
11,883,414 3.250.532
3,197,011
1879.
133.651
1,738,629
420,693
73,549
4.832.729
1.
Inorease. Decrease.
66,1.30
533,871
23/!,769
111,917
135,953
232,024
355,488
36.279
185,810
359,660
870,685
49.870
71,154
894,822
790,712
75,270
61,913
87.402
265,464
27,818
580,931
81,020
150,281
2,829,8-24
4-27,507
435,527
1,314,182
151,349
236,544
2,379,178
4,133,880
319,765
200,321
183,293
943,6-24
53,541
170,976
98,603
158,826
448,907
53.243
336.702
40,315
511,964
7,714
241,476 125,769
80,435
113,890
56,996
91,751
1,698,776 712,797
113,213
49,776
803,084 593,999
647,378 112.062
8,924,134 1 ,023,809
35,314
28,268
306,303 131.739
39.539
82,486
29,010
83,251
16,219
48,190
267,868 146,992
26,843
178,807
1,341,533 556,505
344,480 422,832
322,864 106,736
3,223
86.993
42,940
376,102
2,431,554 984,0(>9
59,882
49,037
1,386,991
651,428
1,622,957
57,210,945 41,843,638 12,307,309
Total
12,367,309
Net increase
* Three weeks only of April in each year,
t From January 3 to May 1.
;
Frsm January
2 to April 30.
The statement below gives the gross earnings, operating expenses and net earnings for the month of March,
and from January 1 to March 31, of all such railroad companies as will furnish monthly exhibits for publication:
GROSS EAR.SING3, EXPE.NSES AND NET EARNINGS.
.March.
^—Jan. 1 to Mar. 31.—
.
1880.
Atlantic Miss. * Ohio—
Gross earnings
Oper'gexp.
1879.
$
175,420
$
132,802
71,475
70,098
(incl. extr'y)..
1880.
1879.
$
$
494,244
212,103
364,117
221,547
103,945
62,704
282,141
142,600
188,325
119,115
111,924
70,891
537,812
327,828
3-26,563
Net eamlngo
Carolina Central-
69,210
41,030
209,988
115,256
Gross earnings
Operating expenses
47,242
26,985
45,987
23,114
140,188
79,252
129,278
08,029
Net earnings
Chesapeake & Ohio—
Gross earnings
Operating expenses
20,257
22,873
60,030
222,762
169,171
132,172
125,096
623,778
467,907
61,249
„,„
322,916
332,803
53,391
7,076
Net earnings
Delaware & Hudson (janal Company's roads
Albanv & Susquehanna^
153,871
def.9,887
Burl. Cedar
Rap.&North'n—
Gross earnings
Expenses
32.600
58,798
201,933
1880.
Neteamin.gs
11,880
145,818
41.520
12,253
1879.
313,777
165,444
378,339
114,252
90,229
80,540
61,002
20,704
19,740
396,083
22,786
189,217
119,494
2.214,626
Three weeks only of April in each year.
For the torn- weeks ended April 30.
GBOSS BAKNINGS FROM JAN. 1 TO M.iT
It
ence to the table below.
several prominent roads the entire increase of gross Aliibama Gt. Southern ..
Atch.TopekaA Santa Fe.
earnings in March, or even more thau that amount, went Burl. Cedar Rap. & No..
Cairo & St. Louis
to the profit account, as the expenses were nearly the Central Pacific
Chesapeake & Ohio
same in each year, or less in 1880 than 1879. Thus, on Chicago & Alton
will
367,672
200,059
426,550
117,920
90,374
104,096
82,630
41,295
26,461
557,083
23,295
318.275
137.356
2,782,324
8.521
183,227
33.212
20,604
10,371
105,853
45,990
403,300
174.503
333,014
115,569
20,453
173,000
92,242
890,137
33,145
XXX
Gross earnings
Operafg expenses
Net earnings
~
,
^
211,307
117,030
64,616
94,436
45,208
321,426
191,317
254,685
149.466
52,414
49,228
130,109
105,21»
Mat
THE CHRONICLE.
15, 1880.]
——
-March.1880.
1879.
Delaw.
& Hud.—Fenn. Dlv.—
$
96,547
Gross eamluga
Operatlug oxpeoseg
.
.
Jan. 1 to Mar. 31.1880.
1879.
$
$
53,405
53,741
293,101
156,704
43,142
49,354
130,430
129,949
Gross earnings
Operating oxpeuses
65,472
31,722
32,180
22,520
164,137
86,680
85,286
69,700
Net caminfiS
33,750
9,654
77,448
25,580
Net earnings
103,09.5
287,007
157,058
New York & Canada
Net earnings
Total of Delaware
150,560
73,479
96,742
00,743
382,923
220,165
262,697
197.029
83,081
35,999
162,758
65,008
& Hudson
Gross earnings
Operating expenses
Co.'s
roads-
435,609
223,223
Net earnings
212,380
Net earnings
Houston & Texas CentralGross earnings
Operating exp. and taxes..
326,453
182,218
1,161,682
654,937
506,745
144,235
400,600
235,800
330,200
235,900
173,800
94,300
237,745
161,486
212,946
140,615
Net earnings
Iowa Central
76,259
Gross earnings
Operating expenses
889,676
563,853
325,823
829,577
481,096
54,506
37,897
43,000
Net earnings
46,581
16,609
715,007
450,790
348,481
264,217
225,800
125,668
157,700
109,905
100,132
47,901
& NaelivlUe—
Gross earnings
Operating expenses
*605,000
370,548
421,579
278,006
1,854,490
1,041,788
1,302,693
800,129
234,452
143,573
812,702
496,564
183,845
114,363
151,737
96,576
497,934
351,346
393,625
309,572
69,482
55,161
146,638
89,053
Net earnings
New York & New EnglandGross earnings
Operating expenses
Net eaiminga
902,027
945,008
4.193,557
2,758,220
3,711,344
2,841.113
742,931
411,774
1,435,331
870,231
415,325
275,270
334,166
195,261
1,080,679
702,425
872,776
563,575
Net earnings
140,055
138,903
378,254
Pennsylvania (all lines east of Pittsburg & Erie)—
Gross earnings
3,278,186 2,003.008 9,306,313
Operating expenses
1,766,938 1,615,845 5,196,585
309,201
1,644,958 1,356,780
Net earnings
Northern CentralGross earnings
Operating expenses
7,684,531
4,504,791
1,511,248
987,223
4,109,728
3,179,740
Gross earnings
Operating expenses
327,678
1 87, 156
212,775
156,059
797,357
501,211
662,523
437,113
Net earnings
Louis Iron Mt. & South'n
Gross earnings
Operat. andextr'y exp.. .
140,522
56,716
296,146
225,410
451,560
324,863
353,147
216,774
1,497,738
905,979
1,026,337
676,207
126,697
136,373
591,759
350,130
Gross earnings
Operating expenses
197,469
84,664
95,296
54,306
Net earnings
& Dulutli—
112,805
40,990
37,896
32,218
27,808
20,718
Philadelpliia
Bt.
Net earnings
liOnls * San Francisco—
Gross earnings
Operating expenses
Net earnings.
5,678
& Pacific-
1880T
173,000
Gross earnings
Operating expenses
64,010
4,156
—
February
Neteamings
Net earnings
Grand Trunk of Canada^
Gross earnings
Operating expenses
Net earnings
.
20,505
16,835
827,423
488,480
.-Jan. 1 to Feb. 29.-,
1879.
1880.
$-
?
168,287
121,688
307,681
181,133
1,021,068
608,651
631,418
399,362
207,843
126,548
412,417
252,056
£
£
s.
153,393
112,055
137,524
113,945
315,636
231,890
41,338
23,579
83,740
63,979
37,210
40,300
26,769
409,013
289, 170
January
1880.
<fe Mo. River in Nebraska—
$
Gross earnings
155,330
Operating expenses
44,391
Neteamings
.
$
65,899
43,593
Burl.
Estimated.
73,886
57,051
338,943
1879.
$
Chicago & AltonGross earnings
Operating expenses
109,301
88,796
have but recently come to hand.
1880.
.
1879.
$
132,698
62,077
110,939
70,621
146,813
51,086
19,567
8,059
95,727
11,508
& Pac—
Gross earnings
Operating expenses
Hamburg
. .
Frankfort
. .
"
25-47>2a25-52JB April 29
April 29
Short. 12-2
®12-3
3 nios. 12-3% ®12-4M
«i
20-64 ®20-00
ti
20-64
27-95 •®28-0
12-I2is»12-15
u
**
24i<»®24''8
Madrid
it
17»sa47'4i
473ti«48
&2!>8®52ia
....
30 days
Calcutta ....
Hong Kong..
'*
Siiort.
23-29
12-12
April 29 Short.
20-50
April 29 Short.
April 29 3IU08.
April 28
27-SO
119-20
'a20-66
St.Petorsb'rg
Bombay
Rate.
2S-28i«
2001 ®20-60
n
Genoa
Time.
April 30 Short.
Is.
Is.
April
April
April
April
April
April
8d.
8d.
....
Shanghai
26»,8
29 3mo8.
4-84^
29 Short.
29 4mos
29
29
29
Is.
Is.
3s.
5s.
83ied.
S'lgd.
lOiia.
2d.
[Prom our own correspondent.]
London, Saturday,
May
1,
1880.
in prder to conciliate
the advanced section of the Liberal party, Mr. Chamberlain ha»
been appointed to the post of President of the Board of Trade,
Mr. Mundella to that of Vice-President of the Council and Sir
Charles Dilke to that of Under-Secretary for Foreign Affairs.
The former has a seat in the Cabinet, but the latter two, whose
superiors are in the House of Lords, will be the spokesmen for
the Government in the House of Commons in their respective
departments. The appointment of the Marquis of Eipon to
the Governor-Generalship of India does not seem to afford
much satisfaction, while no one at present has accepted the
position of Ambassador at Constantinople, which will soon be
vacated by Sir Henry Layard. Mr. Goschen and Lord Carlingford have both declined it. The public were in hopes that
Lord Dufferin would have succeeded Earl Lytton in India ; but
his valuable services are required at St. Petersburg, which is a
post of very great importance. With these matters settled, and
with the election excitement and disturbance at an end, it is to
be hoped that the Government will so enjoy the confidence of
the people that trade may develop and prosperity be again
restored. Latterly, however, the trade of the country has been
less satisfactory.
The rise in prices last autumn was largely
due to speculative transactions, and the recent falling off in the
demand for certain commodities has brought about a considerIn the iron districts
it
much
is
difficulty in
some quar-
said that rAmeriea will not
much more iron this year. Some heavy purchases
were made in the autumn, aud American buyers wisely took
advantage of the low prices then current. Speculators have
recently been operating as if the demand would continue, bat
its abatement has brought about the usual result—realizations
and a heavy decline in prices.
The weather has been very cold during the week, but vegetation makes progress, and it is not yet reported that the
orchards have sustained any injury. This probably arises out
of the fact that very little rain has fallen and that there is no
formation of ice on the buds. The wheat plant looks well; but
for vegetable crops rain is wanted, as there is still a scarcity of
require
-Jan. 1 to Apr. 30.-^
1880.
1879.
104,103
91,947
figures
Atlanta & Char. Air Line—
Gross earnings
Operating exi)enses
>
7,090
1879.
108,990
Neteamings
Net earnings
Dcnv. South ] 'ark
Berlin
ters.
April.-
The following
Smog. 25-45
Antwerp
Amsterdam
Amsterdam
325-39
a25-50
able decline in prices, producing
8t Paul
Texas
Short. 25-25
ParlB
Paris
Latest
Date.
Bate.
The new Ministry has been formed, but,
Loiiisvillo
St.
Time.
**
Cadiz
Lisbon
90 days
Alexandria.
• ••
Now York...
72,331
89,581
Net earnings
& Erie—
RATES OF EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.
EXCHANGE AT LONDONEXCHANGE ON LONDON.
AfBIi, 29.
Vienna
Great Western of CanadaGross earnings
Operating cxi)enses
N. Y. Lake Erie & West.—
Gross earnings
Operating expenses
piottetavgs®0mmci;ciaI ^UQliah ^ems
Os-
Kensselaer & Saratoga
Gross eai-niuKS
Operating expenses
509
Large quantities arrive daily from France,
vegetable food.
but not in sufficient abundance to enable the bulk of the people
to consume them. The consumption of bread is therefore very
large, bat, owing to abundant supplies of wheat, the price of it
is still very moderate, a redaction in the value of _flour having
been made this week.
A firm tone has pervaded the money market'dnring the week,
and the rates of discount have had an upward tendency. Not
56,094 much accommodation has been procurable under the Bank rate,
but the return of an easier feeling is anticipate'd in a few days.
It is evident, nevertheless, that there is a more general employment for money, and there is now no expectation of any import-
£
291,185
235,091
ant relapse.
The Bank return shows that the applications for
discount accommodation during the week have been npona
larger scale, there being an increase of nearly £620,000 in the
It is probable, however, that this
total of "other securities."
is due more to loans on Stock Exchange securities than to an
improvement
in trade, as business
has been declining of late.
THE (CHRONICLE.
510
while on the Stock Exchange a large speculative movement has
been in progress. Owing to the increase of firmness in the
London market, the exchanges are in our favor ; but there is
no important fact to refer to in connection with the bullion
market. The money market closes witha firm tone at the following quotations:
Bank
rat«
Open-market i at©s
So and 60 days' bills
btlU
3 mouths'Uls.
The
Per cent.
3 S>3^
Oi>cn-raarket rates4 nioutlm' hank liilU
Per cent
3
6
4
2t,»3
""
miiutlis'
&
bank
bills
mouths' trade
bills.
2''aa>'3
rates of interest allowed
by the joint-stock banks and
discount houses for deposits are as under
:
Per cent.
2
2
Joint-stock banks
Discouul houses at call
Do
iHaSH
ai^
3
"H
with 7 or 14 days' notice
a statement showing the present position of the
Bank rate of discount, the price of Consols, the average quotation for English wheat, the price of
Middling Upland cotton, and the Bankers' Clearing-House
return, compare i with the three previous years
Annexed
Bank
is
of England, the
:
1880.
1879.
&
£
Circulation, including
Bank post bills
Public deposits..
1877.
187S.
£
£
29,050,031
6.70(i.25e
0,050.240
20.715,977 31,417.508
securities.
15.902.730
14,900,301
Govcruui't
l!t.t42,0(»4 21,805,329
Other securities
Kes've of notes & coin 15,993,870 19,332,992
Coin and bullion in
both dcpurtnients.. 23,146,765 33,095,647
Proportion of reserve
47-48
So-39
to UabiUties
2 p. 0.
Bank rate
3 p. c.
93S8
Consols
99
40s. lid.
EuK. wheat, av. price
4Ss. Id.
ei.2d.
Mid. Upland cotton
Oi^ied.
CleaiiUK-House ret'u 90,307,000 104.751,000
27,4.57,.523
.
Other deposits
20,454.326
7,357.751
2?,0 11,753
10,437.488
21.204.9S9
9,000,756
29.415,035
0,315,5dO
22,480.099
15.310,207
20.482.345
10,920,030
22 S27,22G
25,004,021
3
p. f.
37-50
3 p. c.
9l3t
94
51s. 8d.
55s.
.
[Vol.
1870-80.
Imports of wheat. cwt. 40,30 1.846
Imports of tlour
6,981,775
Sales
of
XXX.
1878-9.
1877-8.
1876-7.
32,007,522
5,323,573
38,185.126
5,974,706
25,303,301
4,128,965
home-grown
produce
18,277,600
32.220,270
25,701,610
27,918,600
Total
65,021,221
70,111,365
69,861,532
57,410,866
990,011
1,272,818
1,353,363
687,171
04,631,210
68,833,547
68,508,164
56,723,695
Deduct
exports
wheat and flour
of
Eesult
Av'go price of English
wheat for the season.
47s. Od.
40a. 5d.
52s. 8d.
49s. 9d.
The following figures show the imports and exports of cereal
produce into and from the United Kingdom since harvest, viz.,
from the first of September to the close of last week, compared
with tha corresponding period in the three previous seasons:
Indian coi-n
Flour
IMPORTS.
1879-30.
1878-9.
cwt. 40.301.846 32.067,522
10.805,633
7,998,056
8,816.008
6,941,148
1,410,526
1,005.085
1.698,909
825,774
17,092,041 20,875,524
6,981,775
5,823,573
Wlieat
cwt.
Wheat
Barley
Cats
Peas
Beans
1877-8.
1876-7.
38,185.120
9.663,900
7,463.000
1,183.851
2.380.314
20,900.590
5,974,760
25,363,501
9.993,992
0,598.473
847,249
3,256,591
22,012,890
4,123,965
EXPOETS.
1879-80.
B,arley
Oats
Peas
Beans
Indian
1878-9.
1,178,950
91.406
60,046
12,682
9,971
297,809
93.868
878,901
20,229
76,337
85.535
31,707
575,769
111.110
com
Flouj-
1877-8.
1876-7.
1,307,104
39,440
41,831
16,245
16,598
160,696
46.264
659,043
41,958
79,712
20,376
23,049
349,343
28.128
Market Iteports— Per Cable.
Eusllsli
The
daily closing quotations in the markets of London and
Livei-pool for the past week, as reported by cable, are shown, in
the following summary:
—
of
London Money and Stock Market. The bullion in the Bank
England has increased £110,000 during the week.
1 Od.
S'sd.
Sat.
Slon.
Tucs.
May
M.iy
10
52i8
May
8.
101,396,000 110,461,000
Silver, per oz
rf.
52i8
Wed.
May
Tlmrs.
Ma\-
11.
12.
13.
52^8
523, g
Fri.
M.ay
14.
503,5
997,0
999,8
523,8
Tenders were received at the Bank of England j'esterday for Cou.sols for mouey
993,8
OOhg OO'ig 991ib 995,0
9914
09^4
9914
997,8
£1,750,000 Metropolitan Consolidated 3/^ per cent stock. The Con.solsforaccouut .... 995,8
U.S. 5s of 1881
105
105
105
105
1047s
IIII-;
total applications amounted to £11,100,009
Tenders at £102 U. S. 4I3S of 1891
Ill 1-2
111% 111% sll0%
lOOij
1091-2
IO9I2
U.S. 48 of 1907
IO912
IO913
2s. 6d. and above will receive in full and those at £102 2.s.
4058
39
Erie, commou stock
37%
3712
3~''s
IO6I2
rilinois Central
100
105
IO513
106%
about 54 per cent of the amount applied for.
Pennsylvania
5t%
54
55
X5314
The silver market has been scantily supplied, and, the Gov- Pliil.-idelphia& Reading. 2914
2714
241^
2519
20
130
130
128% I2914 130
ernment of India having decided upon reducing the amoant of New York Central
Liverpool Uottm i/iir^^i.— See special report on cotton.
the sale of drafts on India, the quotations have had an upward
Liverpool Bread^tuffi Market-.
tendency. Fine bars are now worth y2^d. per ounce. The
Mon.
Tuea.
Sat.
Wed.
Thurs.
price of Mexican dollars is also 52)id. per ounce.
rf,
g
g
g,
s
(I
s
d
14
14
14 o' 14 o'
Business on the Stock Exchange has been rather quiet, but Flour (ex. State)«cent'1.14
Wheat.No.ll.wh.lOOlb.lO 1
10 1
10 2
10 2
10 2
the tone has been good, and prices have in several instances
"
Spring, No. 12..
9 8
"
Winter,West.,n.
10 4
10 5
10 5
10 4
10 5
improved.
British railway shares are higher in price, not"
Southern, new.
10 6
10
10 6 10 6
10 6
"
Av.Cal. white..
withstanding that trade has for some time past presented a
"
California clnl).
10 1
10 1
10 1
10 1
10 1
quiet appearance. The Stock Exchange believe, however, in Corn,mlx.,W.oldeeent'l 4 llLj 41113 411
4 lli^ 4 lli^
do do new. "
4 11
4 IOI2 4 11
4 11
411
an improvement taking place in business before long, and in a
Liverpool Provisions Market.
prosperous future for British railway property. Consols have
Sat.
Mon.
Tues.
Wed. Thurs.
been as high as 99Md. To-day, being the 1st of May, is a
s.
d.
d.
d.
8.
d.
8.
s.
s.
d,
Pork,
¥1)1)1.
63
West. mess.
65
65
65
01
holiday.
Bacon, long clear, cwt.. 33
33 6 34
34
34
The following are the current rates of discount at the prin"
Slioit clear
34
34 6 35 6 35 6
33
Beef, pr.me.s-s, ip tierce. 72
71
71
71
71 O
cipal foreign markets
West.
Lard, prime
¥owt.37
37 3 37 3
37 6
37 3
Bank
Open
Cheese. Am. choice " 73
68
72
08
08
Bank
Open
rate.
market.
rate.
market.
Market.
London
Petroleum
Pr. ct.
Pr. ct.
Pi-, ct.
Pr. ct.
Sat.
Mon.
Tues.
Wed.
Thui-s.
Paris
2>3
2^a>2'^4 Genoa
4
4
d.
d.
d.
d.
d.
Amsterdam
3
2% a) 3
Geneva
4
31234
105
110%
1091b
35ia
I0512
.53
22%
—
(I.
(^.
98
98
97
97
97
98
97
98
97
—
—
Brussels
Berlin
Hanilnu-g
312
Fr,inkfort
4
2i4a2io
Vienna
4
3Ha>3H Xew
3 •a>3»4
238®2J%
4
4
2^92^
St. Peterslnirg ...
5
The weather, though
tural prospect
Madrid. Cadiz &
Barcelona
Lisbon & Oporto.
Copenhagen
Yorli
Pet'lenm, ref ^ gal.
Pet'leum, spirits " ..
4
4
4®4i2
airt
Si's
\...
and dry, and the
is
still
fair progress,
India and Australia.
ably fine quality.
The new Australian wheats are
of remark-
During the week ended April 24, the sales of home-grown
wheat in the 150 principal markets of England and
Wales
amounted to 29,333 quarters, against 53,483 quarters
last
year; and it is estimated that in the whole kingdom
they were
117,500 quarters, against
214,000 quarters in 1879.
Since
the 150 principal markets have
***>«
been
, Y/Z^t'^'^
1,054,4/0 quarters, against 1.858,862 quarters; while
in the
whole Kingdom it is computed they have been
4,218,000 quarters, against rASo.500 quarters in
the corresponding period of
last sea.son.
Without reckoning the supplies f urnLshed^ ex-granary at the commencement of the sea.son, it is
estiraatedlhat
"
!,TfJ'i
upon the T^-'^."^"*",'^!
British
°^.
^''«'^' ''"d flour
markets since harvest:
..
..
..
.
®
®
..
....
®
..
-ai
....
®
....
....
S
®
6
2
99
10
10
7
99
10 3
4 111*
4 11
Fri.
d.
s.
Go
34
35
71
37 6
68
....
....
tvi.
a>
..
®
..
@omuicvxiaX audl^XtsccXlaucoxis Jl^cxxsa,
—
agricul-
regarded as satisfactory. Vegetation
but the late-sown crops and the pastures
appear to require rain. The trade for wheat during the week
has been decidedly quiet, and prices have ruled somewhat in
favor of buyers. Rather considerable supplies of wheat
are
coming forward from various quartere. From Chili the shipments in five weeks to this country amounted to 240,000 quarters, and we are also in receipt of
liberal supplies from
makes
®
®
14
10
5 Is a 6
4
Calcutta
cold, is bright
. .
.
Fri.
g
(]
have been placed
Imports jlt^d Exports for the Week. The imports of last
week, compared with those of the preceding week, show
a decrease in dry goods and an increase in general merchandise.
The total imports were $11,872,362, against ^11,439,920 the preceding week and $10,908,842 two weeks previous. The exports
for the week ended May 11 amounted to $7,704,922, against
The
.'58,538,857 last week and $8,19i),954 the previous week.
following are the imports at New York for the week ending
(for dry goods) May 6 and for the week ending (for general
merchandise) May 7:
FOREIGN I.1IP0RTS AT NEW YORK FOR THB WEEK.
6,510,715
1878.
$967,718
5,521,317
1879.
$1,039,919
5,095,309
$1,875,502
9,996,300
.!l-5. 703,397
Total week
Prev. reported.. 110.100,263
$0,489,095
10-2,301,236
$0,135,228
109,005,208
$11,872,302
170,593,916
1877.
Dry Goods
$1,2.32.832
General mdse...
1880.
Total s'ce Jan. l.$123,223,860 $108,790,331 $115,200,436 $183,460,308
In our report of the dry goods trade will be found the imports
dry goods for one week later.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
of
week ending May
11:
EXPORTS FROM
For the week....
Prev, reported..
Total s'ce Jan.
1
.
1877.
$1,031,743
92,321,728
NEW YORK FOE THE WEEK.
1878.
.$0,293,036
120,333,912
1879.
$3,903,390
109,517,913
1S30.
$7,704,922
122,829,934
$96,353, 170 $120,632,593 $1 15,426,303 $130,534,856
of specie from the port
The foOowing wrU show the exports
Mat
TflE (^HRONKJLK.
1S80.J
la-,
of New York fur the week ending May 8, and also a comparison of the total since Jan. 1, 1880, with the corresponding
totals for several previous years:
May.
London
Mei. silv. dols.
$15,014
5—Str. Gcn. Werdor.
917
Mex. silv. doln.
5—Str. SiHito UoiuioKO ...St. DiMulngo
5O0
Siiumna
Mex. nilv. dols.
200
Mex. sUv. doln.
C'upc Haytleu
Balance*.
May
8...
Porto Plata
5—Str.
0— Str.
6—Str.
8—Stv.
Nassau
C.of Austin
Liverpool
Adriatic
Berniuda
Haiiilltou
Oder
London
(told coin..
3,000
Mex. rUv. dols.
Mex. sllv. dols.
Mex. «llv. coin.
11.000
10,000
Tot.sinco Jan.
Same
'80 ($1,8=0,423 sllv.
1,
In—
tlino
1870
1878
1877
1876
1«75
1874
1873
1872
7,597..'>63
10.618,06.T
20.231. 2iO
The imports
I
45,o00
40,000
sUv. bars.
$1 27.S(),T
..
1871
I
$3,444,146
Same time In—
I
$20,077,442
16.423.8S6
19.960,727
18,095,518
3,310,283
..
and $1,563,723 gold)
Same time In—
I
$7,M4,6'<i)
1.4(il
Entf.K'd (sov'ns)
silv. dols.
Total for tho week i$l 23.102 silver and $4,461 (told)
Previously reported ($1,757,021 sUv. and $1,550,202 gold).
$30,444,290
10,206.910
1870
1869
1868
11.962,.-)77
29,000,330
same periods have
of specie at this port for the
been as follows:
May.
3—S
Am. silv.
Am. gold
Mexico
Jlcnda
C. of
r.
Gold
3,936
44, 7S.")
1.200
2.079
3.417
2,800
1.126
54,016
1,400
19,446
liais
Ber.nnda
4-Slr. Clyde
British West Indle.s.t"or. gold cbIu..
U. S. of Colombia. ..Am. sllv. coin..
Am. gold coin..
5—8:r. AUsa
West Indies
5—Sir. Habslnirg
6—
Niagara
6— .8tr. Clauduis
Am. silv. coin..
For. gold coin..
Gernmuj-
Am. trade dols.
Am. silv. coin..
Am. silv. coin..
Gold dust
Cuba
.'"tr.
8— Str.
$895
coin..
coin.
For. silv. coin..
4— Sir.
Veuezuelii.
200
3,141
1,415
For. gold coin .
U. S. of Colombia. ..Am. gold coin..
Am. silv. coin
Colon
320
280
.
Total for tbe week .$126,180 sliver and $14,336 gold)
Previously reported ($1,827,0=5 silv. and $1,228,798 gold)
$140,510
,
3,056,483
and $1,243,134 gold) ..$3,196,939
Same time in—
Same time in
1873
$6,022,043 1871
$3,024,530
1874
1,5.58.749 1870
6.916,632
1873
8.644.624
1,720,827 1809
Tot. since Jan. 1, '80 ($1,953,865 sllv.
Same time in—
1879
1878
1877
1876
I
»3,805,3U
11,183,340
0,593,082
1.589,010
1
1
1372
641,121 1808
3,004,835
St.\temejjt of the Comptroller of the Currenej', showing by
States the amount of National Bank circulation issued, and the
amount of Legal Tender notes depo.sited in the United States
Treasury to retire National Bank circulation, from June 20, 187-1,
to May 1, 1880, and amount remaining on deposit at latter
date.
I
Legal-Tender Notes Deposited to
Ketire National Bank CirculaLegal Tention since June 20, 1874.
Additional
ders
on
Clrculat'n
St.vte.s
axu
Issued s'ce
TKl!RiT0KIE9.
June
20,
1874.
Maine
N. Hampshire
Vermont
631,86."
1,699,310
Massachuselt." 20,358.420
Ehode Island. 1,717,710
Connecticut
.
New York
New Jersey...
2,493,3()0
20,690,505
1,712,165
Pennsylvaula 10,700,590
Delaware ....
232.275
Marylaud .. .. 1,274,810
Dist.
Cohnnbhi
Virginia
West Virginia
N'rtli ('aroliiiu
8'th Carolina
.
Georgia
456.000
800.500
163.810
1,233.660
90,700
470,830
45,000
207,000
Florida
Alab.inui
Mississippi
. .
317,000
72,99'
174,097
234,800
32.350
65.350
2,163,878
241,660
i,'646',386
458,000
907,510
319,185
1,012,583
1,822,879
1,050,245
1,140,783
287,725
953,380
437,075
933,380
725,400
139,566
Texas
Arkansas
Kentucky
251,100
144,000
3,685,430
641,370
707,260
2,749,820
3,238,180
Tennessee
MLssouri
Ohio
Indiana
2,541,005
2.034.910
niiiiois
Michigan
Wiscousiil ....
Iowa
Minnesota
Kansas
Nebraska
735,530
1,474,900
1,017,800
147,000
67,500
650,750
10,000
629,86
370,401
998,510
1,583,754
1,232,097
1,754,934
364,500
653,860
811,009
420,095
781,721
45,000
Nevada
Colorado
Utah
Montana
Mexico..
..
CalifcMiiia
Dakota
,
7,.544,91fl
80
—Attention
land
is
& Western
90 8.308,170 97
called to the notice of the New York, New EngInvestment Company, inviting HabHcriptioiMto
first mortgage bond* of the Kansas Oty
Burlington & Santa Fo Railroad Company. Thei^e bonds are
issued for the purpose of extending the line from Barlington
to Wichita and from Ottawa to Kan.sas City, and are limited to
?15,000 per mile of completed and e<iuipped road. There is
also a sinking fund provided of 2 per cent of gross earnings
each year, payments from same to commence July 1, 1885. The
terms also provide that no subscription shall become payable
until §1,500,000 of the bonds are subscribed for, and a syndicate
formed, with sufBcient funds to complete the road at least from
Burlington to Wichita, about 105 miles. This proposed line
runs within about 40 miles of the Atchison Topeka Si Santa Fe,
and, being an air-line, is some 50 miles shorter and traverses a
country which the agents inform us is one of the richest grain
and coal regions of Kansas. The circular issued by the agents
embraces several new and valuable features.
The proceeds
of the sale of the bonds are to be deposited with the Farmers'
Trust
Company
this
Loan &
in
city and to be paid out only
upon order of the board of directors, of which the bondholdera
are to have a majority until the road is completed to 'Wichita.
The price fixed upon for these bonds is 1)0 and accrued interest, and each subcnber U also to receive an allotment of a portion of the stock of the company.
Mr. Lounsberry has introduced a bill in the House of Representatives to repeal section 5,176 of the Revised Statutes and
amend section 5,171 so as to read as follows
Upon the deposit of bonds as de«crl)>ed by aectlims 5,1.59 and 3,100,
the associations making the same shall be entitlcd-to receive from
$2,500,000 of the
—
,
:
the Comptroller of the Curreucy circulating notes of different denominations in blank, registered and ooautcrsigned as heivafter provided,
e<iual In amount to 90 per centum of the current market value of the
United States bonds so transferred aud dellvertid. but not exceeding 90
per centum of the bonds at tile par value thereof, aiul at uotuuo shall
the total amount of such notes issued to any such asiooiation exceed the
aiuount at such time paid in of
its capital stock.
—We call attention to the card of Messrs. Lloyd & McKean, in
The gentlemen composing
Wall Street, having been with the
another column of the Ckroxicle.
known
Fisk & Hatch
this firm are well
in
house of
Ijuy and sell
for upwarcLs of fifteen years.
Thev
— on commission—Government, railway and miscel-
laneous securities ; ^also, receive deposits, subject to check, and
allow interest on balances.
—
—
229,566
"l'i6',9'33
2,099,250 2,750,000
229.340
239,340
144,000
144,000
1,504,933 2,134.800
533,839
904,260
3,742,390 4,740,91)0
3,077,887 4.661,641
6,298,483 7,530,580
6.447,946 8,202,880
2,300,393 2,064.893
1,013,439 1,667,299
1,554,953 2,366,624
191,418
—
—
—
—
—
482,400
134,900
84,600
90,000
135,000
477,000
171,000
138,083
101,191
83,300
1,872
4'20,430
188,201
818.040
1,056.991
2,287,924
1.008,448
338, ^-ill
190,550
233,080
972,271
278,080
149,400
196,800
45,000
287,483
357,991
130,300
2,008
25.847
18.012
45,203
1,736,.5-10
ly As
FhMLNCIAL.
a g icd payliis In ve ament
we
offer the
FJKST ilOIiTOAGE BOSDS
of the
XEW YORK WOOOnAVEX & ROCKAW.VY RAILROAD COMPANY
Interest Seven per cent per
Payable January 1 and July
Prinxii'.^l
TOTAL AMOUNT OF ISSUE.
Of which amount
Tills
less
due
1,
in
Annum,
Kew York
City.
----in 1909.
$1,000,000
thau one-half remains unsold.
road will be completed by June 1, aud will control the onUre
New York to Rockawaj- Beach, where the finest
railroad travel from
sea-side resort in the
3,813,675'
!8,799.6-<3 18,016,908'80,002.414
B.l.\KI\C AN!)
305
433,727
420,703
258,508
244,111
49,985
1,310,44.':
'Legal tenders
Totals
880.724
'
Total.
366
1,284,010
Washington
1. si '2.980
10G,(Vo6
'
18
41
00 7,399,819 31
A,S15.631 09
52 7,112.451 43
522.919 39 91.8h><.03.» 79 7,218.523 95
2,671,401 17 93.227,287 66 7..540,C65 32
1,362,743 02 93,926,963 01 7,525,727 24
94.2.53.041
94.129.2«2 82
5B5,.%25 OO! 91.13-4.715
Attention is called to the advertisement of Messrs. Bndge &
Goldsehmidt, offering the 6 percenttrust certificatesduein 1884
with U. S. of the Louisville & Nashville Railroad Company. The total issue
Treasurer of the securities is only $492,200, and parties desiring to purat date.
chase some of these bonds should make early application.
Attention is called to the advertisement of Mr. Charles H.
Booth, who oflfers to buy or sell stocks, bonds and scrip of the
$
210,311 Cincinnati Indianapolis St. Louis & Chicago Railroad Company.
35,160 Mr. Booth
is a gentleman thoroughly reliable and particularly
123,453
1.332.468 well posted in these securities.
190.952
Mr. J. C. Chew has removed from No. 29 Broadway to No.
.589,751
and other
5,732,732 7 Wall Street, where parties wanting Texas
407.131 stocks and bonds will find him ready to give information as to
1,478,484 all the securities which he mak<?s a specialty of.
''46.165
Dividend No. S for April — of 25 cents per .share, has been
05,373 declared by the Deadwood Mining Company, payable at Wells,
291,521 Fargo
& Co.'s, on the 20th ins aat. Transfers close on the 15th.
155,430
169,219
Dividend No. 17 for the month of April has been declared
30.125 by the Homestake Mining Company, payable at Wells, Fargo &
87,960
Transfers close on the 20th.
Co.'s, on the 25th inst.
.
Louisiana ....
New
917,000
128,797
422.004
915,309
731,060
128,200
"96,606
1,298,289 64
1,887,291 76
—
600,000
55,800
1,069,340
7,552,300
870,385
1,011,330
1,243,437
7,787,100
902,735
1,976.680
!3,4.57,2:-il 25,621,109
1,562,280 1,803,940
1,281,426 6,631,321 7,912,74'
"
736,183 05
23
23
Currency.
Gold.
deposit
retire
Redempt'n To
Clrculat'n
of Notes of
Total
under Act
Liquidat
Deposits.
ing Banks of J'ne 20,
1874.
1,461,180
Poymcuta.
171
Mex.
Am.
Becetpts.
1,178,378
1,171.797
1.078,315
1,332,791
2,047,481
10...
11...
12...
13...
14...
.
Am.
511
t
il9.120.740
Deposited prior to Jtmo 20, 1874, aud remaiuiug at that date.
tTotal deposits, $102,492,997.
*
The following table shows the receipts and payments at the
Sub-Treasury in this city, a.s well as tne balances in the same,
for each day of the past week:
world
Is
then to bo opened to the public.
The running time from Now York to Rockaway will lie but twcuty-fl\
minutes, and the road and its appointments are of the highest character.
We offer these bouds at 100 and accrued interest.
Investors can obtain full particulars and information at our olHce.
Ft.8K
Nc. 5 N.iss.vu SxEEtT,
& H.ATCH,
New
THE (CHRONICLE.
512
XXX.
[Vol.
The range in prices since January 1,1880, and the amount
of each class of bonds outstanding May 1, 1880, were as follows
No national
:
banks organized during the past week.
Range aincejan.
DIVIDENDS.
The foUowliui dlvldcncls have
recently been annonnced
Cksnt.
Ballroada.
June 1
$3
North Pennsylvania (quar
May
1»3
)
FRIDAY,
The Money Market and
BookB Closed.
(Days Inclusive.)
Wliea
Payable.
Per
Name of Company.
25
MAY
14,
Financial Situation,
—
ence exerted on the market at times by some of the leading
it is equally true that their sales alone could
not have broken prices to such an important extent, had they
not been joined by a small army of outside operators who,
having carried stocks for some time past, and becoming discouraged with the perpetual decline, finally rushed into the market
to throw overboard their stocks at the best prices obtainable.
Another remarkable feature in the present movement has been
the absence of strong support to any class of stocks the Van-
—
derbilts, the Gould stocks, the coal stocks, Pacific Mail, the
Southwestern fancies and the former grangers have all of them
declined, and have none of them met with such strong and persistent buying as indicated the protection of a powerful combination or of individuals determined to support their prices.
The money market has been reasonably easy throughout the
week, and the range for call loans has been about 3@4 per cent
on Government bond collateral and 4@6 per cent on stock collaterals. Prime commercial paper is a shade easier, and quoted
for choice grades at 5@5% per cent.
The Bank of England, on Thursday, showed a gain of
£110,000 in specie for the week, and the reserve was 48 per
cent of liabilities, against 46% per cent last week; the discount
rate remains at 3 per cent. The Bank of France gained 2,731,-
000 francs in specie.
The last statement of the New York City Clearing-House
banks, issued May 8, showed an increase of $2,790,400 in their
surplus above the legal reserve, the total surplus being $G,0G7,850, against $3,277,450 the previous week.
The loUowing table shows the changes from the previous week
and a comparison with the two preceding years.
Dlffer'nces fr'm
previous week.
8.
Loans and dis. $281,137,700 Inc.
Bpecie
Circulation ..
Ket deposits .
XjegaX tenders.
liegal reserve.
Beserve held
BnrpluB
1879.
May
10.
$701,400 $242,941,600
53..391.500'rnc. 3,985,000
73,300
750,800
243,100
18,745,600
19,688,000
224.037.200
53,576,700
$G4.5S0,750 luc .$1 ,437,700
70,G48,(iOO Inc 4,228,100
$56,234,300
72,322,300
$t),067,850|tnc .$2,790,400
$16,088,000
20.,572.900;iJce.
258,32:i,000 Inc.
17,257,100 Inc.
May May Range
U.S. 58 of 1881...
4"a8 of 1891.
17.8.48 of 1907...
tJ. 8.
The
lows
closing prices at the
1860.
Board have been as
40 Broadway Bank
68,1880
68,1880
68,1881
68,1881
68, 1881
68, 1881
I'M, 1891
tiss, 1891
48,1907
48,1907
cur'cy,
cur'cy,
cur'cy,
cur'cy,
68, cur'cy,
6s,
68,
6e,
6b,
This
Is
reg. J.
coup. J.
reg. J.
&
&
&
&
J.
J.
J.
J.
May
May
May
May
May
8.
10.
11.
12.
13:
104 ifi •104381 '10438 •1041s •10138
*104i2 '10438*10438 •104 12 •104
3e
10612*10638*10638 1061* •10(>38
*10638|*10638|*10638 •106 la -10638
coup. J.
reg. Q.-Fcb. *102''8*103
coup. Q.-Feb. *102''8 •103
rcg.
-1
10278 •103
*102''8
103
14.
10438
•10438
•10612
10612
*102''8 •10278
'W>T,, '10278
]07i4>107i8
1071s 10718
107i8:*107ie •10718 *107i8
•125 •125 •125
-125
'125 *125 •125 •125
1895. .rcg. jr. & J. -126
1896. .reg. J. & J. *126
1897.. reg. J. & J. •126 •125
•125 •125
1898. .reg. J. & J. •126 -125 *125 •125
1899.. reg J. & J. 126
•125 •125 125
the price bid no sale was made at the Boara.
:
May
l'107% -107% •107% *107''8
108'8*108% 109 •lOS^s •109
Q.-Mar. n07'8 108
coup. Q.-Mar. •10878
rcg. Q.-Jan.
107 14
conp. Q.-Jan. •1071a
202,.509,500
79,753,200
213,422,600
250
Railroad and Miscellaneous Stocks. We report this
week one of the weakest stock markets and one of the strongest exhibits of railroad earnings that we have had occasion to
publish this year. This gives, in a word, a fair description of
the situation, for while the material influences upon which
stock values are supposed to depend have been decidedly
favorable to firm prices, we have had in fact a decline which in
ordinary times might have produced a panic, and certainly a
good crop of failures. Take Erie, for example, and a glance at
the company's last monthly report of earnings that for March
shows that it is by far the best report they have made since the
reorganization in 1878 ; but Erie common has sold at much the
lowest price made this year, having touched 33% on Monday.
With many other stocks the case is similar, and the conclusion
is inevitable either that stocks have been much too high and
are now seeking their proper level or else that the present
decline is unwarranted, and the lower prices oflfer a good
opportunity to purchase. So far as the direct influences
affecting the market were concerned, the remarks above
as to the financial situation give the substance of what
may be said. One of the strongest " bear " parties, if not the
principal one, has been the " Twenty-third Street gang," although their steps were followed by other smaller operators
when the market became so heavy as to show its inherent
weakness. To-day there was strong buying towards the close,
—
which appeared to come,
Sales of
in
good
part,
from parties who
125
•125
•125
•10718
-107 18
•125
•125
•125
•125
125
Range
,
since Jan. 1, 1880.
I
Week,
Shares.
Lowest.
in-
Range for
Year 1879.
Low. High
Highest.
I
00 50%
653b
115, 120
Central of N. J
9912
1,1035
Chicago* Alton
3,'733 120
Quiney
Burl.
&
Chic.
32
Canada Southern
St. P.-..
142,,480
7138
do pref.
North w
do pref.
4 330
84,;360
99
87 12
Col. Cliic.& Ind.Cent.
10, 760
Chic. Mil.
Do
&
Do
Chic.
&
Bock Tsl. & i'ac.
Del. & Hudson Cana!
Del. Lack. & Western
Hannibal & St. Jo...
Do
do
pref.
3 0!)1
705
28. 190
343 875
17,',050
20, 100
Central
4, 520
Lake Erie & Western 10, 740
252, 615
Lake Shore
Illinois
Louisville
fol-
:
Interest
Periods.
•
1,
Highest.
105
New York
290,379,800
170,246,800
525,900,250
64,623,512
66,081,500
XO4I2 Apr. 15 lOe's Jan. 12
111% 11112X10% 109^8 Jan. 2 111% Ap:\ 10
lOOSgllogi^llOOia IO6I4 Jan. 2 1097, Feb. 19
10478 105
173,493,5.50
Apr.
Feb.
Apr.
Feb.
:
$15,822,000
since Jan.
Lowest.
14.
$3,244,000
59,900,800
$13,469,000
106% May
directed to the stock market. Railroad bonds have also been
dull, except for the speculative issues, such as Ei-ie second consols. Iron Mountain incomes. Mo. Kansas & Texas, &c., which
have fluctuated in sympathy with the stock market.
The following stocks andbonds were sold at auction
Sonds.
39 Merchants' E.xchange Sat.
$3,000 Brooklyn City & New
Bank
100
town KR. first mortgage 7s,
9812
9 Bank of Bcrgcu County at
due 1890
IliickciisiK-k. N. J
75>3
$20,000 State of Georgia 78,
IIOI2 40 Meihiuiiis' Xat'l Bank ... .146
due 1890
10 Lafavctti- Fire Insurance.. 119
$2,000 Kansas & Nebraska
7214 10 Williamsburg City Fire Ins.215
RR. first mortgage
68I3
10 Irving Fire Iu8
$950 Citizen's Fu-e Insur6713
7712 10 Guardian Fire In.s
ance
100 Manhattan Gaslight
195
SItarei.
Clilc.
30.
Coupon.
tended to hold for the long account, and the highest prices
of the day were generally made in the last hour. To-day the
option expires for stockholders to attempt to redeem the N. Y.
1878.
& Oswego Midland road, and the N. Y. Ontario & Western
May 11.
stock was advancing while other stocks were weak. Mr. Tilden
$232,030,700 is reported as having great confidence in this enterprise as a
27,469.500 through line with terminal facilities at Weehawken.
20,033.100
Total sales of leading stocks for the week ending Thursday,
201.038,000
38,612,000 and the range in prices for the year 1879 and from Jan. 1, 1880,
follows:
$50,259,500 to date, were as
ITnlted States Bonds.—There has been no special feature
in the Government bond market this week, except the remarkable steadiness in prices, which was in strong contrast with the
weakness in railroad and other stocks.
At the Treasury purchase on Wednesday the total offerings amounted to $8,784,500,
and $3,000,000 bonds were accepted.
Closing prices of securities in Liondon for three weeks past and
the range since January 1, 1880, were as follows:
Apr.
10414 Apr.
1041a
I0914
10638 Jan.
103 Jan.
1071a
63,cur'ncy.reg. 125 Apr. 21 I26I3
1880.
1,
Registered.
—
speculators, but
1880.
Amount May
1880.
to May 10.
State and Railroad Bonds. There has been very little
1880-5 P. M.
doing in State bonds, as the attention of all parties has been
sellers
May
102% Jan.
104% Jan.
102% May
May ii
There liave
than buyers at the Stock Exchange this week,
and the usual result has followed. This is but an old saying of
the " Street," but it has seldom happened that a large decline
in the stock market has taken place when this stale truism was
more decidedly applicable than in the present instance. It is
imquestionably true that there has been a heavy " bear " influ-
been more
68, 1880.... cp.
68, 1881... .cp.
68, 1881... .ep.
4128, 1891. .cp.
48, 1907
cp.
1,
Highest.
Lowest.
& Nashv..
Manhattan
5, ,.=i05
8,,465
May
May
74 Vi
14 90 14i
Jan. tj 116
May 13 152
May
May
May
14
14
1(1
li
Feb. 10
L04
L49
Jan.
2
9I2 May 11
69 12
7II4
23
64
May
May
14
M.'iy
10
14
Jan. V
99I2 Jan. 2
2014 May 11
981$ Jan. b
86 ig Jan. 8
2534 Apr. 1
7812 May 11
37 ,578
Michigan Central
29% May 11
Missouri Kan. &Tex. 104 980
588 101% Jan. 6
Morris & Ks.scx:
18 720 66I2 May 11
Nashv. Chatt. & St. L.
53 175 122 May 11
N.Y. Cent.&Hud.Riv
N.Y. Lake E. & West. 527: 1.50 3414 May 11
do pref. 11 ,652 56 May 11
Do
18 385 20 May 11
Northern Pacitic
Do
—
pref.
22, ,538
92! ,245
39i2May
11
24 12 May 11
33 May 11
Pacitic Mail
119, 645
12 168 Jan. 2
Panama
78 ,000 43 May 11
Phila. & Reading.
53 ,775 3914 May 11
St. L.Iron Mt.&South.
Ohio
&
Mississippi
.
.
St. L.ife
San Francisco
Do
Do
2,,720
pref.
12 ,200
1st pref.
Union Pacific
Wab. St. L. & Pacitic
2 550
28!,182
25i4May 11
May
May
May
28% May
56% May
98 May
33
60
80
11
11
11
!
78 H>
8978
IOOI4
Jan. 26lllie I3413
3438 8218
8538 Jlar.
10712 Mar.
74% 102%
49=8 94I2
97 Mar.
IIOI2 Mar.
76^8 108
194%I Apr. 14 119 I5OI3
25I8i Jan.
28
5
8638 Mar.
89%
38
94
94^8 Mar.
43
42I2 Feb.
1314 41 13
34
70%
76 Feb.
79 14 100%
110 Mar.
28I3
3838i Mar.
16
67 108
lllifl Mar.
I64I2 Apr. 21 35
8913
.57I2 Mar. 16 35
72 14
95 Mar. 5 73% 98
49I41 Jan. 27|
53e 35%
IIOI2sFeb. 28 7518 1041a
128 Mar. 51 35I2 83
137 Mar. 31ill2 139
48^8i Feb. 2 2118 49
73^8J Feb. 2 37I2 78%
4013
36 Jan. 14!t 16
t44i4 65
60 Jan.
4412 Mar.
7% 33%
1038 39I3
62 Mar.
123 182
190 Apr.
7238I Jan.
56
13
66 Feb.
3% 53
48 Feb.
6OI4 Mar.
418 60%
83I2 Mar.
9% 78%
9738J J.an.
571a 95
48 Jan.
72 »83 Jan.
II6I2 Feb.
88=8116
10
64 ,316
Do
do pref. 8 ,295
11
Western Union Tel.. 167, ,850
Kaage from Sept. 25. t Ranse from July 30.
U
Jan. 14' 4514
Mar. 8' 3312
!
!
!
!
!
)
)
!
!
!
[
•
:
Mar. 29
1
75
(Mat
The
15
daily highest
Tuesday,
10.
11.
Am.
WW
Canada South.
HI)
Cent, of N. .1
Cent. I'aciUc.
.
Che8.*Ohlo..
Do
Do
May
8.
May
80
78
79X 78
4r- B7^
41« 42« 40
Ba
61
65W 5i
67
74!
74« 759< 69
85
65
'
15
17
16}^ ii"
i7H
Istprf. "25S<
30
2(1 prf..
18!4
lil'4
A Alton. \m
Chlo Bur.Ag. la^H
Cblo.M.&St.P. 75
Chic.
Do
Do
and lowest prices have been as
Saturday Mondar,
May
DlBt. Tol.
All.Al'ac.Tul.
THE (^HRONK^LE.
1880.]
12.
May
iiwij.
108" ids
i'''''
121
7U!.<
Chlo.&N. W..
lliflii
121
75)4
rm 100
87« WM
99
108
120H 121W
7i« ',nyi
09S100
74J4
99)^100
87«
MH
4"
NowC'ent.Coal
N.Y.C. AH. It. laiiu
Do
prof.
N.Y.Ont.A W.
Northern Pac.
Do
prof.
Ohio Central..
OhIoAMIss...
lax
2U->i
32)ii
105
100
74
!7
N.Y.L.E.AW.
12)<
3471,
Blilj
22
122
27'^
12'
pref.
Paolllo Mull...
Panama
PbU. A Rcad'n
St.L.A.&T.U.
Do
pref.
Bt.L.I.M.ASo.
Sl.L.A S.Fran.
:
40
34l<
SOU
56
58)s
2SJ^
25?<
275(,
23
20
2\H
50U.
S9)i
14
24)i
71)i
4!)J<
2»,>«
ai%
Do
31!
33
.37ii
'.... 180
49«
53
57'.i
16
16
47^
49.ii
40^
30
30
45
29)1
Do
pref. 44H
Do Istprf. 64!^
St.P.ASlouiC. 40
pref. 74
Do
Sutro Tunnel.
1«
Union P iL'itlc. S514
Wab.St.L.S P. 34J^
Do
pref. 64'li
•
MM
40
71
54-H
4e\4
2UJ<
40
64
44
3«)s
40
73
15*
R5>..
.S«
m
1-:
82
85!
^
:
18
27
May
36
71
1«
80
34^
38
60
39
72
1«
83
*SH
41)4
27
4m
33
38
63
89
42
65
40
m
S9H 42%
*4H
64
—
.
Liitest earniuKS reported.
WeekorMo.
1880.
$45,344
117,030
172,500
Atl. &Char.Air-L.Foliiuiiry
85,899
Atl.&Gt.West.... March
438.341
Atl.«Ii88. <fe Ohio. March
175,420
Bur.C.Rap.&No.lstwkMav 31.350
Burl.&Mo.R.iii N.3dwkApr.
49,123
Cairo & St. Lmua. April
31,625
Canada Southern. March
409,189
47.242
Carolina Central. March
Central PaciHc. .April
1,374,000
221,409
Ches.&Ohio
April
Chicaeo ic Alton .IstwkMay 128,013
Chic. Burl. & Q... February .1,180,853
Chic.Cl.Dub.&M.4thwkAi>r
16.883
Chic. & East. Ill 1st wk May
29,480
Chic. Mil. & St. P.lstwkMay 235,000
Chic. & Northw.. April
1,276,552
Chlc.St.P.&Min.lstwkMay 22,627
Chic. &W. Mich. 4th wk Apr
22,387
Cla. Sand. & Clev.MarcU
54,(!ai
Cln. &. Bprlngr. ..IstwkMuy
13,725
63,419
Clev. Col. Cin. & 1 Ist wk May
35,604
Clev. Mt.V. & Del. April
Del.&H.Can.. Pa.Di\r..Mar..
96,547
AtcU.top.&S.Fe.4tli-nI(Apr
.
.
.
.
Denver &Ki()Gr IstwkMay
Denv.S.P'k& Pac. April •
Det. Lang, d: No. .IstwkMay
Dubuqu6&8.City.4th wk Apr
Eastern
March
Flint* Pore Mar. 4th wkApr
Gal. Har.& San A March
Grand Trunk. Wk. end. May 8
Gr't Western. Wk. end. Ap. 30
Hannibal & St. Jo I st wk May
Houst. & Texas C March
.
.
.
Paris (tranos)
(francs)
Swiss (francs)
Amsterdam (guilders)
Hamburg (riiichmarks)
Frankfort (reichnuirks)
Bremen (reichiuarks)
«5
37
38)4
72
1«
15S
81^ 83
84)i
—
1879.
,
^Jan.-l to latest rtate.-^
1880.
1879.
$33,464 $199,801 $133,651
94,436
321,126
254,685
133,389 2,277,500 1.738.629
63,979
168.287
121,688
341,824 1,212,327
935,182
132,803
494,244
364,147
21.392
710,814
447,987
40,861
659,521
518,254
19.372
109,823
73,549
226,378 1,003,703
611,483
45,987
110.138
129.278
1,406,600 5,018,539 4,832,729
162,611
815.187
485.527
83.707 2,312.880 1,397,889
982,377 2,301,091 2,087,475
8,175
201,225
151,349
16,383
3.i7,178
272,926
180.!)fi9 3,509,000 2,5(i0.177
1,128,894 4,924.592 4,133.880
341,603
21.837
418,584
15,958
262,234
200,321
47,356
12,357
286,480
197,650
56,102 1,272,507
999,726
31,322
139,735
111,917
103,095
293,194
287,007
'44,090
20,121
15,434
188,243
32.494
106,619
151.916
74,308
31,217
212,946
378.3.19
114.2.52
716,886
393,088
292,390
016,609
505,769
135,955
312,145
202,620
504,853
355,488
2,98i",746
l,5,'n7,967
1,386,991
682.645
715.007
1,622,957
790,458
829,577
1,781,783
502,150
377,017
542,136
225,o00
367,245
191,325
.
was 85
miles, azalust
147 miles now.
.
4 834t«4
84%
486>2»487>a
5 18%»5 1679
5 1938 85 17>9
5 18^«5 17»«
3211435 10%
».
5 2l'8»5 30
5 20^35 10%
40 « 40i«
Antwerp
40i4« 40^
""
9539a 95>ls
05
95^9 95%
95
95
95»sa 95<b
95
953ea 95!%
Lerliu (reichmarks)
The following are quotations in gold for various coins
Silver »4s and >28. — 99%» par.
$4 84 ®$4 87
Sovereigns
— 92 ® — 95
Five francs
3 -84 ® 3 87
Napoleons.,
dollars. — 91 '* — 92
X X Reichmarks. 4 74 ® 4 78 Mexican
— 87 •9 — 88
uncommerc'l.
95
Do
®
3
3 90
X Guilders
English silver.... 4 78 » 4 85
Span'h Doubloons. 15 70 a 15 90
—
65
Prus.
silv.
thalers.
68 » — 70
®15
\fex. Doubloons.. 15 55
— 99'4» — 99>«
1 1414® 1 14%, Trade dollars
Fine silver bars
—
dollars
99%
» par.
prem.
New
silver
par
a
'4
Fine gold bars
Dimes & la dimes. — 99?i® par.
Statement of the Comptroller of the Currency on May 1,
1880, showing the amounts of National Bank notes and of Legal
Tender notes outstanding at the dates of the pa&sage of the
Acts of June 20, 1874, January 14, 1875, and May 31, 1878,
together with the amounts outstanding at <3ate, and the
increase or decrease:
Nalionai Bank Notes—
.»„,«.„„, ,„«
^49,894,182
Amount outstanding June 30, 1874
Amount outstanding January 14, 1875
25i'?5i'i2s
322,555.966
Amount outstanding May 31, 1878
04^9
04^3
94 ?i®
94^3
.
. .
„
Amount outstanding at
date'
ooS'o??
Increase during the last mouth
S;;X'on«
15,900,390
1879
1,
Iucrea,sesm.-cSlay
leaal Ttnder Xoies
^ ^^^ _^^
$.282,000,600
Amoimt outstanding June 20, 1874
Amount outstandiue Januarj' 14, 1875
i- •••--; •.-_•
3;T- 'I, , S'UiV
Amount retired unifer act of Jan. 14. 1875, to May 31, ',8 do,318,934
346,681,016
Amount outstanding on and since Mjiv31, 1878
Amount on deposit with the U. 8. Treasurer to redeem
notes of insolvent and liquidating banks, and banks
,„,•,„.,,-
—
_,_
retiriug circulation
imdcr Act of June 20, 1874
19,120,740
Incrcise in deposit during the last mouth
5-5'iX?
5,7/0,501
Increase in deposit since May 1, 1879
« circulation
of national gold banks, not included In the above,
$1,351,350.
Boston Banko. The following are the totals of the Boston
—
banks for a series of weeks past
1880.
Feb.
2.
9..
16.
••
'•
"
3,419,141
.
Good coimncrcial
Documentary commercial
42
65
44S.907
330.702
23,878
15,332
527,296
54,506
157,706
18,997
241.476
7,070
113,890
34,833
399,5.59
379.559
19,740
148,747
91,751
87,754 2,548,973 1,786,530
129.911.8
49,224
179,392
127,080
368,562
322,792
113.21.3
7,534
162,989
45,197 1,460,776
848.2S1
27,000
789,903
671,378
158,034
315,313
396,788
32,180
85.2S6
164.137
N.Y.Ceut.&Hud. April
..2,782,324 2.314.626 10,.548,003 8,924,134
N.Y. L. Erie & W.March
..1,644,958 1,356,780 4,193.5,57 3.711,34 4
N. Y. & N. EuKl'd. March
398,625
183,845 151,737
497.984
North Wisconsin. IstwkMay
993
29,262
1,177
64,452
Northern Central. March
41 5,325 334.166 1,080.679
872.776
Northern Paciflo. April
4-11,062
183,327 115,653
306,303
*|Illoage last year
4 88>334 8()'a
4 88 «4 88ia
30
3il.300
238,939
20,044
16,003
238,950
37,293
81,011
161,810
91,214
40,427
237,745
IlUiioisCen. (III. J.April
426,550
(Iowa). April
Do
117,920
Indiana HI. &W.. 4th WkApr
20,714
Int. & Gt. North.. IstwkMay
22,458
Iowa Central
March
89,581
K.C. Ft. S.& Gulf .4th wk Apr
26,282
Kans.C.L.aw.&So.3d wk Apr.
12,442
K.C. St. J. &C. B.4thwkMar
45,363
Little Rk.& Ft. S. April
26,461
Louisv. <fe Nash V. IstwkMay 137,400
Louisv.N.Alb.&C.March
70,436
141,5ii0
Maine Central ...March
Minn. & St. Louis.3d WkApr.
7,243
Mo. Kan.ifc Texas. 1st wk May
61,693
Mobile & Ohio
Ist wk May
30,463
Na8hv.Ch.& St. L.February
191,1.54
..
65,472
N. Y. & Canada ..March
4 83i4E»4 86>3
4 85 «4S5>a
aahi
VM
'iji
83
column.
Ala.Gt.Soutliern. April
Albanr & SuBii ..Miiroh
Demand.
bankers' sterling bills on I..oudon.
30
•iSM
5«'i
in the second
Sixty Days.
Prime
Good bankers' and prime commercial.
49X
33
29
31« 33
3Mi 29
30i;)i
5«« 5SU
65->i
64H SO-H a2W «o« a^H
08'.« 102
98 101
100^102
»8!,j lOOaj
West. Un.Tel. 1031^ !(»
* These are the prices bid and asked; no lalt was made at the Hoard.
The latest railroad earnings and the totals from Jan. 1 to
latest dates are givan below.
The statement includes the ^ross
earnings of all railroads from which returns can be obtained.
The columns under the heading " Jan. 1 to latest date" furnish
the gross earnings from Jan. 1 to, and including, the period
mentioned
14.
72)^
-"
253 26
^
;
43" 49M
•12«
64^
T3
A Ev.4thwkMar
Erie..
heavy.
In domestic exchange the following are rates on New York at
Savannah—buying 3-16,
the undermentioned cities to-day
Charleston—buying
premiura, gelling
•selling 5-16 premium
premium ; New Orleans commercial par, bank f2 SOpremiam;
Chicago 75(gi80 premium and Boston 35c. di.scoant.
Quotations for foreign exchange are as follows
106)J
113
181.^
80,1.4
69
24
120
82
28
1816
78.1,
105
38)4
im
4i
A
March
Phlla.A Reading. March
Pi)rt.'<.GtF..tC:ou..March
Philadel.
iOi
111-
$88,330
83.251
48,190
0,34><i,313 7,084,531
9,580
4,781
327,678 212,775
797,357
602,523
1,457,322 1,041.142 3,830,720 2,870,223
17,882
9.169
06.742
Rensselaer & Sar. .March
156,560
383,923
262,697
30.680
13,065
435,540
St.L.Alt.&T.lI. ..IstwkMay
280.933
2ii;..;70
10,660
7,9.1
Do
(brchsj.lst wk.May
186,818
98.900
72.325 1.9!MI,938 1,416,858
8t.L. Iron Mt.&S. 1st wkM.iy
8l'5,57«
1H,II2S
St.L.Jk Sin Fran. IstwkMay
38,366
363,408
27.H08
11)9,301
St.l'aulA Dnliith.Morch
37.896
73,880
3.33.014
912,1195
St.P..MInu.&.Mau. April
239,991
437,:i56
at.Paul A8.'Jity..l8twk.May
25,021
22,361
337,810
95,IK)0
Hcloto Valley ....IstwkMay
4,779
4,422
91,420
173,(K)0
f-27.423
Texas & I'aclflo ..April
104,103
446.<HI1
19,870
ToI.Pcorld* War. IstwkMay
26,899
396,632
Jnloii Paclllo.. ..1st WkApr 393.901
287,775 4.013,898 3,027,077
Wall. St. L. A Pac. IstwkMay 198,418
134,528 3,611,041 2,556,082
22,044
15,338
Wi6ronslnCent...lst WkApr
Wisconsin Vailey.4th WkApr
9,711
4,744
108,019
49,037
ExcUange.—Foreign exchange has been dull, and it Ib reported that a good part of the bills ha.s been made against
securities purchased lor export, the lower prices of Htocks here
having offered a good chance to bay for foreign account. On
actual business to-day the rates were about 4 85 .J6 for bankers
The tone was rather
(iO days' sterling and 4 88/^ for demand.
PeorlaDec.
OS
89J<
108
prof. 108
vmii 107?« 106)J 107
1,81 k, ms
182
183
Chlc.H. I.&P. '.... isa
23
24«
25
•i3<4 23
Ch.8t.I...tN.(). 25
53
Cblc.St.l'.A.VI. 155
51
52J4 4»X 50
Clev.C. C.&l. 73H TSH aSiii 72ki OHM 70>«
92 11
lOKi 11
Col.Chlc.&I.C. ll'A 12
70)? 74)i
Del.AH.Canal 78^ -»'«
78
81
Del.Lack.&W.
24« 27
Han.ASt.Jo.. 81.y 112 1< 23
n.Yfi lis
prof. «»li 70«
Do
511
51
BOW no
55
Hous.ATei.C. 58
Illinois Cunt. 103« :03.)4 10! ui umu lOlW 102
'M'A 23
LakeKrleiW. 20
2(tU
lfl2!»<
100
Lake Shore... ll04H105>s
120 120)1,
12.3
IiOtii»v..VNash 123
Manhattan...
2a:M 30
20M 27.)i
Mar.At'.lstpf.
U'A
«H
4"
4
Do 2il prf, 4
781^ 81)^
Micli.Central..
Mobllc&OhIo
Mo.Kan.H. AT. 34
Mor.A Essex.. lOK
Nash.Ch.&StL 73
$131,695
112,867
64,400
wks Apr.
20.604
13,9.1
wks Apr.
7,060
10,371
Punnsylvauia.... March
3,278,186 2,003.068
Piid.A.Mciiiphirt..3
TOM
72
$9,070
$5.85')
Piul.AEII/,ubetht.3
13.
7S
89
56)4
1 to latent date.—
'"""
1880.
1879.
.
WeekorMo.
Ogd. 4 L.CTiainp. IstwkMay
'25
;oi
pref. 101
—Lateot eamlngH
reportMl.—^/-^an.
""'"
1870.
1880.
follows:
Wednesd. Thumday,
Mar
513
24..
2..
9..
15..
22..
29..
Mar.
••
"
"
'•
Agrll
5.
Loftns.
«
Specie.
1.<!9.S16.800
3.970.300
4;)74.800
4,570,500
4.488.400
«
141.215,800
142.101.000
140.S28.500
139.1)27,300
130.tt79.400
141,040,200
"
May
"
•
IB..
a«..
S..
10..
5.224,000
5,321,500
140,«75,0(iO
4,S4."),100
140,412.000
130,402,200
4.9:10,100
13s,dJ 1.400
"
4..'iH3,600
137.r58,200
137.923.400
I3S,81,5.300
14'J,1S3,100
4,805.100
5.331,300
5,994.900
6.7:)8,«00
0,670,700
6,044,300
„
,
..
,
,^
L. Tenders. Deposits' Circulation. Agg.CIear.
»
69,'237,7M
31,240,200
.52.742,200
5,!)29.300
70,281,400
81.081,500
55,016,200
4,820.300
72.001,201
31.072,300
4.040.:lOO
53,788,400
47.305.886
31 .008,400
03,005.200
3,637,900
6e,6««,13S
31,052,000
62,793,300
3.511.300
08,492,060
80.875,200
53.217,400
3,527,000
68,288,019
31,019,400
53.0.38,800
3.3.35.700
e3.TI)8,«lS
81,092,000
51. 871 .800
3.016.600
68.»0B,Ot4
81.048,400
50.873,800
2,987,200
6<».827,T77
31,146,200
60.827,900
2,635,400
6».ei*.78a
81.264.200
61.687.(«X)
2.349,200
68.e0S.lllT
81,221,900
62,671.100
2,067,200
«8.106,7M
31 .'223,900
53,668,400
2.09S.000
83,053,381
81,175,200
54,217,800
1.983,100
81,l'23.1U0
64,400,100
1,757,800
Other than Government and banks,
PbUadelplila
are as foUowa
Banka— The
Clearlnu-House checks.
totals of the Philadelphia
less
baokl
Loans. Lawful Money. Deposits, arculjtlon. Agg. Clear
"
"
2
9
e5.670,.329
17.213.347
17.120,173
16
66.WW.134
17.197.lf50
23
67,265.68S
67,818,205
67.13n.447
67.404.233
68.467.583
68.851,870
16,220.959
15.778,938
16.290.179
16,731.502
18.018.387
16.637.880
6S,881,6fll
09.248.0.55
14.8.58,987
1
8
••
15
22
!9
ARrtl, 5
,
••
12
19
" 26
Maj- 3
••
10
*
*
1880.
Fob.
"
'
"
Mar.
64,972.032
69.646.276
69.501.048
69,61.5.112
68.870.718
14.826.301
15,078.605
14.658.322
15.627.222
16.210,333
M.563.682
12.068.283
64.672.069
66.186,188
65.627.183
65.122.311
12 .078^263
66..S07.217
55.041.088
66.258,526
65.8a5,64l
65.495,193
6S.7SS.7S4
68.590.931
55.1)96.818
66.848.122
68 644.888
12.0fiO.48S
12,058.668
12.093.660
12.085.1;«
12.or.).915
12.00'2.147
12,079.458
12.104.580
12.118.8e3
12.123.600
12.138.438
12.134.631
13,119,308
43.983.541
48.063.980
4e.8B0,08»
63.161,064
89.983.848
63.634.7B8
42.1;i9.611
45.910.828
Su.Sie.148
61 .804.715
49,861.188
60.174.098
BO.173.397
47.709.464
THE
514
(;hkoni(;le.
—
HtXr^tN, HHIIL.
New York CUf BanliB. The following statement shows
the condition of the Associated Banks of New York City for the
week ending at the commeniement of business on May 8, 1380:
Capital.
Loans and
discounts.
$
city.
;
2,000,000
2,080,000
2,000,000
2,000,000
1,200,000
3,000,000
1,000,000
1,000,000
9,406.000
8,031,700
7.168.000
6,739.000
4,S5S.800
».6«».100
S.1U2.000
1,000,0(K)
8.106.500
1,6.H8,1KKI
600,000
800,000
Merch'iits' Kxch.
aallatin Nittlun'i
Mechanles'
&
1
'.749.500
3.756.200
4.284.K00
1.4S».300
VIO.OOO
1,024,500
2.700,400
V18.200
3,579.500
18.W7,(.00
14,307.700
6,431,500
3,435 200
1.000,000
1,000,000
800,000
200,000
200,000
60O,0OC
300.000
Tr.
wo.ooo
Broadwar
6,000,000
6,000,000
1,000,000
Meravntlle
1,000,(K10
Hepubtic
l,500.flOO
Shoe & Leather..
450,000
412,500
700,000
1,000.000
600.000
3,000.000
800.000
1,000.000
500.000
600,000
500.000
Oriental
1.000.00(1
l,0O0,CKIO
aOO.IKKi
Hanover
St. Nlcllcilas
5.128.fc00
1.500.8(jo
2.818.00(1
400,000
Park
Mech. BkK. Ass'n
North River
East Kiver
Fourth National.
Central Nat
1,000.700
l5.184.Ooo
S.2OO.OO0
2,000.000
8.113.0o(.
First National
Third Natii.nal ..
N. Y. Nat. Kxch..
.
Bowery National
N. Yorlt County..
200.000
750.000
300.000
100.000
Germ'n Americ'n
Chase National..
Fifth Avenue...
Total
2.9^9,900
1,550,200
Specie
I^eeal tenders
Inc
The following
.
•
;;
••
•
i
I
213,100
20.017.400
20.149.100
,
]1....2flH.701,8(KI
18.... 267,505.500
25 ...20».43;i,3(W
1.... 271. 238.000
8.... 270.078.800
15-
Nov.
••
701.400
3,985,0(«)
.
Specie.
Sept. 27. .2t>0,7n3,7fl0
Oct.
4... .260.364.300
^
1,330 700
l,991,0(Kl
8.900
444,800
450,000
5,189,40(.
8:18.200
828.71X,
782.11)0
14,403.7(10
7,308,00(1
3,:6fl.o00
4.139.90(1
li!,59»,000
45,B00
7,778,400
B10.700
7e7,BjO
629.800
86B.70O
224,lii0
810,000
1,489,000
43,(!00
435,000
430,000
790.200
208 4
X)
1.114,00(1
224,0J0
1.415,100
1,830,800
3,048.000
1,568,700
180,1.00
244,8j0
Net deposits
22,0(1«.300
al,a-«.000
27,082,800
29.675.300
33.S23.K00
42.992,800
*«.5J8,800
:
Inc. ^5,750,800
Dec.
73,300
Circulation
weeks
past:
L. Tenders. Deposits. Circulation. AKst.Clenr.
40.047.700 229.983,000
8S,093.,'W)0 231,920,700
30.438.500 232,780,500
33,097,700 2:^2,805,300
30,151,700 281.668.000
28,615,900 234,412,000
23,486.900 231.927,700
22.595.800 239.201.200
21,531,900
21,932,400
22,080,100
22,280,800
22.448.700
22,600,500
501 ,859,500
747 278!5;i5
741,448 440
798,900,740
761277 728
22,S41,5(X)
885,802 857
772 150 134
22;476;?p0
870.0ii2!o39
8.
13.
••
••
Jan.
8.... 276. 706.200
48,282,100
242;662,26o
23;732;96o
OSeioltols
12,72.1,500
242.087,100
23,748,800
604 197 943
Feb, *V--SS-.iL'}-SS
^.?J;5-Sa
!2-'!-:fi-',*!'S
S'-!-'!l5>f»
ai.maoo
772.270:895
58.055,000
I-.'.l:)0,400
271.483,400
iS---^;T-'f2-"""
57,!.27,»00
270,381000
21,002100 8950U0-'5
20 967 100 ^7 Wll 84
^"•l^-L-i'i'^
S^'illl'lOO
11,602,400
11,635,100
264;o38,200
20:975,800
i
TisiSlsia
Pennsylvania
ma
160M
.
35J*
CANAL STOCKS.
82
32
Chesapeake .« Delaware
Delaw»re Division
Lehigh Navigation
ma
29M 29^
MorriB
do pref
Pennsylvania
Schuylkill Navigation
pref...
do
88
Val., 7 3-108,1896...
iB.E.eit.,19lti
Inc. 78, end.. '91
24
1st m.,68,l.i0'i.
do
do
'M in. 6s. 'Si.. 107><'.',
3d m. 6s,'rt. .) in j.
Camden ftAmboy 6s,coup,'ss 105 .
6s, coup. ,'89 107k1.
do
mort.
6s, '89
Cam. ft All. Ist in 78. g., 1-93
do 2 m. cur. 7s, 'f7'..
1
MuT
M.137.700
53,391.50(j
i7,237;rTO
238,3:«;000
lo;572;900
N0TE,-With December 27 the Grocer8',Bank disappeared from the
QUOTATIONS
IN
B(IS'TII\.
PfllL.yELPIIIA
^SOi^oi'sTO
1
AND OTnEFciWEi.
7e, '88
.
W'msport, itt m., is, 'oO.
... '83
58. perp ...
do
Harrlsburg let mor', 63, '81..I
H. * B. T. iBt m. 7b, gold, '90. ii'ii
1st m. 7s, f 1, g.'c9
do
'2d m. 78, gold, "95
do
'W m. f .scrip g.,7i
do
Sd in.conB. 7b, yo*
do
Ithaca&Athenslst g d, 78.,'SO
Junction 1st mort, 6s '82, ,,
2d mort. 6b, 19 JO
do
Lehigh Valley, l9i,68,cp., 1898
do reg., 189j.,
do
do 21 m. 7s, reg., 1910,
do con. m., 6s, rg,, 1923
68,1 p. ,19,3
do
do
Little Schuylkill, Ist m, 73 'i-2
North. Penn. let in. 66, cp.,'85.
2d in. 78, cp.. '96.
do
do gen. m. 78, cp., 1903.
do gen. m. 7s, reg.. 190'^
Oil Creek 1st m. "s, coup„'8i.
.
BKOrBITIKS,
Bid, As);
SROUBITrES.
BOSTON.
Atch,
&Tcpckai8tm.7B
do
land grant 7s
do
2d 7b
do
lane Inc. 9s..
Boiton & Maine 78
oustOD a Albany's
do
68
Boston & Lowell 7e.
d.
68
Boston ft Providence 7i» ...
116J4
lie
122
!
ft
Mo., land
unm 7s.,.
do
Nelr.SsEs
do
Nebr. 68
t^nu. ft Fassumpslc, If,
Kasturn, Ma«s., 4 mb,
Fltchbnrg KK., 68
do
7s
Fort Scott 4 Gulf
78
78....
109^
'.'"]
Bs
'
.
105
152
".
1897, lib"
91
.
.
111
(Chefehtre prefCTeii. ...
9lii iChic. Cllntcui Dub. ft MIn
Cin. Sandusky ft Cler
iOX
Concord
"
'.""
107>i Connecticut River
S3Hi 39)4 Conn. & Passumpalc... ,
61
84
IHHi Eastern (Mass.)
S7(4 28«
°^
7«.lnc..
,1?°,
Eastern (New Hampshire).!! 80
ir City
K.
Lawrence ft So. 4'
87
Pltchbnrg
120
.
.
Kas.cily.st. Jo.&O.B.:e.
111
i;m Fort Scott ft Gu'.f, preferred
Kan. 1 r St. .io.&C. u. In.
do
common. '46
Little K'k ft Ft. 8irltti,78,Uti '9«W '97
,
,,
K. C. Law & Southern
hew \ ork ft New F.ng, is
10S>2 10^ K. C.Pt. Jo. ft Council Huffs
Osdensburg ft Lake cti.Ns
99
Little Rock ft Fort Smith
Hartford* Krle
iiL«n.
city Top.
«
,*,'
w.,-,s,l«"
.
1
Scrip
do
-
Perklomen
99
80
105^; 105Si
t
120
122
Per share.
'77 fun-ied.
-.22
120
IIIM lliii
115
118
100 145
151
3.*.ILR0AD BONDS.
Ohio 6s, 1880, J.ftJ
6s, 1885, A.&O.
do
W.
.
. .
.
102
lOiH
lOd
107
107
i;4-«
110
Va. 3d m.,guar.,'85,J4J 104
107
109
HI
lODU 110
108>4 110
120
112
120
112
lOS
ll'i
99
100
108
113
107
71
1-20
31«
120
108
72)i
35
103
108
t 107
115
Ham. 4
Ind., 78, guar.
1171.•*
Jl,.^
107
104
110
130
10314
110
103
li9W luO
.1
ft
-I
,105'
-t
101)i 102
+ 108
10ii4 103
103
102
105X
tlOl
100
100
10;)4
Little .Miami stock
70
125
71
53
64
119
1*20
121
LOVISVIliliE.
108
1
tlKW^
68,'82to'87
112
UI5i4
1iI04;«! 105)4
6s,'97to'9'i'
water 68,'87 to '89.1 10+!ii 100),
water stock
6s,'97.1
wharfes
;
I(i4>v
103)i
1104^4
10.1)4
spec'l tax 6s of '89.1 104)4
Lonl»vilIe Water 68, Co. 190T 1 1(7^,
•lefl. M.ftl.lBt m. (1*M) 7b,'8l1 100
2dm., "a
1 107)4
do
105)1
115
Lonlsv.C.&Lex. lstm.7s.'97* 115
Loul8.&P'r'k.,Loulsv.ln,63,'8:
10S>{
U8X
107)4 108
ist in.,78, 1906.
..+
—
LouKv. Ac Naslivllle
tilOS
Leb.Br. 63,'8C
l8t m. Leb. lir. lix.7 .,'*>'0, 1 105
do ^ 6s, '93. .t 105
Lou, in,
Jefferson Mad. ft Ind stock. 103
108
101
108
115)<
116)4
|
1
In defan't.
115
120
120
Ist
Bait, ft
do
iii'i'
a.
Con, to Jan.,
116
1
lBtm.68,coup.,'.).
5
\U<4
118
120
pr f
108)4 110
do
2d p-tf
Wash. Branch. 100 160
do
Parker8b'gBr..50
6
do
50 81)4
Northern Central
5(i
7
Western Maryland
50 40
Central Ohio,
Pittsburg ft Connellsvllle..50 89
do
do
do
do
do
do
1
•
114
11'^
Par.
Ohio
r.o
iOnisville 7s
rg., 1905 112
cp.. 1905. 112
6s, rg.'rfl
do
2d m 7s, cp.,'88 iia
Newt'c ft N .T.. 1st m. 80
Phlla, ft Kead, Ist m, 6s, 'iS-Ut
'J8-,«
do
do
2d m,,78, cp.tg'.
do
I
53
114
,
.......
Phlla.ftErle IBt m.68,cp.,'8'.
Phi
S2
111
114
111
105
lOoH 110
109
112
Indiana 1st m. 73
2d m.78, 'r7,
do
62
Colum. ft Xenia, Ist m. 78, '90
Dayton ft Mich. iBt m. 7s. '3H
105H
do
2a m.78, '84.+
3d m. 7s, '881
do
119
Dayton & West, Ist m„ '81...
118
1st m., 1905.1
do
128 >i
1st m. 6b, 1901
do
;n
Ind. cm. ft Laf. Ist m. 78.. ..t
112H
do (l.ftC.) lstm.T8,'86l
Little Miami 6s, 'S3
t
108H
Oln. Ham. ft Dayton Btock.
116
Columbus ft Xenia stock
Dayton ft Michigan stock
lis
8. p.c. st'k, guar
do
Pa.ftN.Y.C.ft nil. 78, 1893.,..
1906 .,., 125
do
Pennsylv., IBt m., 68, cp., '80.. 102«
gen. m. 6s, cp. .1910 116>4
do
gen. m. 68. g., 1910. 117
do
(M>nB.m, 6<,
do
cons. m. 6s.
do
Navy Yard
do
Penn, Co ,63, reg
Balt.ft
Cin.
Cin.
108'
rlttsh. Titusv.ft B.,78,cp.,'9t)
1
107).
new
Old Colony, 7»
1, 11 Colony, lis
ft b. Western, Ss"
I'ui'blo ft Ark. Valley, is
Kutland 6s,lBt mort
Vermont & Canada, new
Vennont&Maas, liK„6s
Omaha
STOCKS,
Atchl'on & Topeka ..
I24X 125
At hi
ft Xebraika .,,
80
Boston ft Albany
uih
145
",
Boston ft Lowel'
90
Boston & Maine
'" 122
Boston & Providence
188
Burlington ft Mo. In Neb.
142
.
Burl,
Bid. Ask.
K6X
lOS
110
108
100
do
t
!78„7-*Js
do
t
South. RK. 7-308.1
do
do 68, gold t
do
Hamilton Co.,0., 6b, long...t
7b, 110 5yr8..t
ao
7ft7-S08,long.1
do
Cin, ft Cov. Bridge st'k, pref.
Cln.Uam.ft D. COi6.6), 19 5 +
7s, 1905 +
do
2d m. 'is, '(j6 t
do
Br., 1st, 7s, 1905 116
mort.
81>,
m.68.rg.,'97. 101
Cincinnati16".
6s i<-ng
new "8 1900
115
do
Connecting 6s, 190O-I9M
Chartlers Val„ iBt ]n,7s,C.,l90: ib'iijs
Delaware mort., 68, various..
Ist
ioa'^
iOiii
CINCINNATI.
Cam. ft Burlington Cj.6s,'97.
Catawlssa Ist, 78, conv,, 'o2.
chat, in., 103, '88
do
El.ft
117
106
110
Northern Central 66, '85, jftj
do
68, miO, A.ftO.
do 6s, gki, 190(1, J.ftJ.
Cen. Ohio 6s, Ist m.,'90,.M.& S.
W. Md. 68, Ist m., gr.,'90.J.&J.
do l8t m., 890, J. ft J...
do 2d m., guar., J.ftJ
do 2d m., pref
do 2dm.,gr. by W.Co.JftJ
do 6s, :jd in., guar., J.ftJ
Mar. ft Cin. 78, '92, F. ft A ,,.
2d, M.ft N
do
do
88,3U,J.&J
Union RR. Ist, guar., J. ft J.,
CaniOB endorsed.
do
RAILROAD BONDS.
East Penn.
120
....
Plttsb.ft Connell8V.78,'98,J SiJ 114
BusQUehanna
Bouud
105
114
do
2d m. 68. reg., 1907 70
do 68, boat&car,rg.,19:3
do 78, boat&car.ig.,19..'i
Susquehanna 6s. coup.. ;9.8.'
N.
—
ft
US
Dela lst6fl,rg.,*8C
RAILROAD STOCKS.
>.3>4
pref.
do
tt. Paul &Du'uthR,U, Com
do pref. 80
do
180
United N.J. Companies
Del.
101
!
.
,,.
,.,.
'94.
.
.
•297.i:a.500
82
80
BALiTUnOKE.
•
9S
69«
Maryland 6s, defense, J. ft J..
do
6s, exempt, 1d87...
do
6s, 1S9U, quarterly,,
do
58, quarterly
12
50%
Baltimore Ss, iSSl^ijuart
54
do
;S56, J.ft J...'.'.'.'.'
59
58
do 6s, 189J, quarterly.
do 68, park, 1890, (i.—M.
54«
do 68, 1893, M. ft S".
60 1< i'l
do 6s,eiempt,'9i,M.ftS.
51H 51«
do 88,1900, (J -J
12JS
do 68,1902, J. ft J
13
23;>,
do
li.6,new...
Norfolk water, 88
Philadelphia ft Erie
Pulladelphiaft Head ng
PhilaJelphlaft Trenton
Phlla.Wllmlug. ft Baltimore.
Pittsburg lltuBV. ft Buff
do
ft
Pennsylvania
Scbuylk. Nav.lst
49
100
i
240,995,600 23,812,900 607,695 2110
li---?J.y,3}Zl 03.558,600
5,''JS-S.'S ]i'™'->^»
15,1114,200 25:1,731,900 21,036,900 787 728 Ins
L'-- •?'?•?.'*'•'"*
8J.. 280,008,000 01,832,200 17.I43.5(K) 257.4.83.700 21682 900 74:1125 031
,.
101 iti
93
IS85.
6s, co*.(p., :9I0..
324,
Neaquehouing Valley
Norrlstown
North Pennsylvania
do
i2,OS9,'-.66
85
117
117
78, '97.
Morris, boat loan, reg.,
26H
. . . .
Belvldere Dela.
20.
j^27---2T7,584,20O 48,838,200
,
Delaware Division 68, cp.,'78.
Lehigh Navlga. m.,6.*, reB,,'81
do mort. KK., rg ,'9;
do m. conv. g., reg., '94
do mort. gold, '97
do cons, in. 78, rg., 191
pref
do
new pref
do
Delaware ft Bound Brook....
East Penusyivaula
Eimlra ft vf liliamsport..
pref..
do
do
Har. P. Mt. Joy ft Lancaster.
Huntingdon* Broad Top...
do pref.
do
Lehigh Valley
Allegheny
do
29!
Dec.
Chesap.
.
West Chester consol. pref ..
WestJersey
I
m
io
cons. 6s, 1903 .,,
Western Penn. KK. 6b,op.'.899
do
ts P. B.,'96.
CANAL BONDS.
..,.
78, reg. ft coup
do
Delaware 68, coupon
Uarrisburg City 6b, co upon
BAILROAD STOCKS.
Ciradeu & Atlantic
pref
do
00
Little Schuyllilll
Silnehlll
St
West Jersey 6s, deb,,coup.,'8?
do
IBt m. 68, cp., '9(j
do
Ist m. 7s, '99
Calawissa
1.093.700
1
Warren ft F. Ist ui. 7s, '98
West Chester cons, 78, '91
coup
couiion
...
W..lst m..5»,'2(
United N..1. cons, m.es,
7B,w'l'rln,rg.*ci>, 117
78, :)tr,lmp.. res., '38-36. 10a
Cs,
ft
118
HI
101
Texas ft lac, Ist in ,6s, g„1905
do
cons. m„6s,g.,l9()5
Inc.&l.gr ,78 1915
00
Union ft Tiiusv. Ist ra. 7s. '9C.
5b, reg. ft cp., 191,\
6s, gold, reg
Camden County
Camden City J,
90
118
.-yra.Gen.ft Co:n'/,Ur,:6,lnii5
.
3,838.800
2.5i2.500
171,1011
are the totals for a series of
Loims,
"
2(10,400
1.967.500
ilo
from returns of previous week are as follows
Inc.
Inc.
••
2.;l9.0'Xi
Snub. Haz.
Snnbury ft Erie
PittBhurg 46, coup., 1913
Jo
fft
...
&
N. Jersey 6s, reg. and coup.
exempt, rg. ft coup.
do
60,475,200 281,137,70;i 53,301.500 17.257.100[258.323,000 20,572.900
ITie deviations
Loans and discounts
••
253.600
OSS 400
287,700
2.121.00(1
110.800
82.000
BB.200
210.000
88.000
205.900
406.000
417.100
420.900
819.300
103.800
2f3.OO0
347.800
101.500
ll.SlU.Soot 3.2«t4.800
7.178,500 1,570,100
l,3U.4o«;
i:6.2(J0
1.411.«00
27.000
31,200
1.325,60Oi
300.00(1
250.IKXI
6,975.50(1
2.424.700
10,612.000
1.784.500
681.00(1
659.300
58,new,reg.,l»»i-l*n!
5,40(1
88
,.
do
do
7", reg., 13 't
Shamokin V.& Pottsv.Ts, 1901
Stenbenv.
Ind. 1st, 6b, 1884.
Stony Creek 1st m.78 1907...
do 6s,n.,ri„lS93ft over 124
do 4*, varlou*
Allegheny county 5s, coup..
Allegheny City Is, rei;
1.248.40()
208,600
31,500
94.100
07.000
1.132.700
do
do
do
do
2.018.B00
2.000
2.977 00c
704.B0O' 10,070.500
,308,000 16,802.00(.
380.(100
2,781,000
4,344,100
750,000
500,000
1,000.000
1
58, g'd, int..reg. or cp.
5b, cur., rets
53, re^.,1-8 -1S32
lo
.
Phlla. Wllin. ft Bjft. 6b, '84 ..
PItts.Cln.ftSt.L. 78,con.,!«:v
Penna.
do
do
do
190?
do Inp. m.6<g.,ljj:...
no conv. 78, ismdo
78, coup, off, '93
23« Phll.&ILCoalilron deb. la.vi
do
deb. 7b, cns.oC
do mort., 78, 1892-3
.
1,I22,'(W6
o ten. m.6i?,
'
119
118t< 119
107)4
111
68,10-ir), rcg.,l'77-'82
6s, 1S.25, reg., 138J-'92 lOSii
68, In. Plane, reg.,1879
Philadelphia, 58 res. ..
66, old, reg
do
do 68,n.. rg.,pri.irto'!l?'
2.035.»()0
118
,
PHIIi.%.DE:L.PIIIA.
STATE AND CITV BONDS.
995.800
2.146.500
855.200
,')48,U00
110
85
86
,
.
.
cp.,':3'
do
do
cps. ot..
do
scrip, 1852.
..
do
In. m.78, cp,1896
do cons, m. 7s, cp.,191!..
do cons, m, 7s, rg.,19U..
do conB.m.68.g.1.l911.
S6K
Kngiand...
Bid. Ask.
Read, dchcn.,
Phil. ft
liutland.prelerred.
Vermont & .Maeeachusetts,.
Worcester & NaBliua
919,00(1
10,815,000
10,175,500
4.28H.400
3.11B.500
2.20a.500
3.101.300
3.432.200
SKCtJBlTISS.
lUW
Palace Car.
Pueblo ft Ark nsaa
3.001.600
2,005,200
Btc. -Coutluued.
It V.
Northern of New Hampshire 98
Norwich ft Worcester.
136i4
28>4 27
Ogdensu.ft L. Champlain ..
pref.
SO
do
Old Colony
112K 112>i
106
Portland Saco ft Portsmouth
Pulliiia
11849.000
!
4.484.400
2.374.800
169.500
31.200
149.700
2.957,400
1,044,000
I4.K'.;5.5uc
lK)7.4o(,
8-15.l0(.
240.000
250.000
8.303,900
1.937.3<W
(i94.000
2(10.000
531.0011
n.O«8,5no
300,00(1
Ninth National..
94.300
1 11.000
1.103 800
404.400
2.422.0OO
1H4.600
181.500
411.600
495.800
744.700
14B.0OO
1,172.500
25.000
7,868,70(1
124,000
78,500
109,800
878.800
196.800
119.500
67.700
178.000
213,100
83,700
680.000
1,151,730
222,700
174,900
157,700
175,000
1H8,B00
94,500
147,000
495,000
5,749.000
2.712.0(Kl
New
ft
VUULf
Bid. Ask.
.
3.55:i.600
85,(K)0
232.«(Xi
138.10(,
51)5.300
087,80(1
2,057,700
11,516.000
1.800.500
2.2:5,3oc
2,54M.9oo
2,172,(HW
3.542.0OC
4.012.400
1,500.000
2,000,000
500.000
749,500
164,300
871,700
900.000
029,400
471.700
5.520.000
3.249,600
1,847.200
2.251,3of
9.966.000
4,926.600
0,746,500
5,S(M,S00
90.0(T0
2:15.100
2.i»0i),400
S.lDl.OlK)
Chatham
636.000
8,448.000
1.388,400
1,911.800
801.000
829.500
1,114.800
609.000
2,876.600
352,800
2:S.900
3,144 000
587,200
600,500
301,800
98,000
26,400
897,200
88,000
699,000
2.574,000
7.15fl.lKI0
Me» York
Net dept's CirculaLegal
other
tion.
Tenders. than V. a.
Specie.
SXOVRtTIXS.
Manchester ft Lawrence....
Nashua A Lowell
Average amount of
Banks.
fVoi. \XX.
+ ^ n
(
I'ltpro
t,
'
105«
106^
I05JJ
105
Mat
THE (JHRONICLE.
1880.]
'.5,
515^
QUOTATIONS OF STOCKS AND BONDS IN NEW YORK.
U.
Bonds and Mtice RaUroul
S.
Stocks are quoted on a previous pije.
Prices represent the per cent vnlae, w'l/Uecer
par may he^
t!te
STATE BONDS.
to 5
'.J
Arkansas—
7a,
78.
7s
I., lloc-li
78,18IK)
& n. Seott Iss.
Memp. .t I.. Kock UK
I.. K 1". a. & N. O. KB,
& U. K. KR...
Arkansas Central UK.
Connecticut—tis
Georgia—fls
78,
78,
78,
*?>.
new
New York—6a, gold, reK.,'87
endorsed
coup., 1887....
88, gold,
gold
;v-u-Illinois—88.ooupon, IbTa...
War hian
Kentucky—68
fl8,loan, lHf«.
do
«s,
New
IHBl
ISM
York-fls. loan,
BECUniTIIS.
Bid.
.Now York-6a, loan, 18B3
North Curollna-6», old.J&J
lao
No.Car. UU.,J. AJ
do
A.*0
do
coup, off, J.
New
A J.
—
A.*o
do
J.
10
10
11
}?tj
\^
>
"
('
n
m
ao
86
»
M
M
M
M
7
68. new, IHafl
..
04, new, 18fl7
0«, con«ot. bond*
0«, ex matured ouupon....
ii
i
>
conRol.. Sd teri&t
6(1,
8Mi
deferred
...J D. uf ('itlu[Dbl&-S*69«.
»W
...
(is.
103
100
118
68,1888
Island—^,oouD.'OA-0
1809.
uld
Vlrglnii-ea, nid
I
'»ii
tlhi»4e
Bid.
Oa,newHrio>
....1
•"•1
Special tux, class 1...
class 3...
do
class 3...
do
Ohlo-«8, 1881
107
107
107
116
117
6s,
TenneMdo—6s,
08, new
,*t .1
RK
Chatham
Act Mur. 28.
Nun-fundHblc
80
80
110
90
»0
1H(I8
bonds,
gECUKITieil.
Stiuth Curolinii—
110
coup, off, A.JkO.
do
FHindingact, 18fl6
do
Ask.
•^
6»,old, A.tiO
103
113
Missouri—On. duo 1882 or '88
107«
0s,dnol««8
108
68, due 1887
loau
e8,duel8H8
IIOH
Bs, duo ISSlior '00
lOH
Aayluni or llntv., due 'i)2
111
Kundlna. 1MUJ-U5
106^j
UanniUal Jt St. Jo., 188H.
1887.
106},
do
do
funded
78;M1ss. O.
7b,
Aak.
Bid.
iKiulslano— 7b, consolidated
7s, small
Mlciilgan-0«, 1883
~B7
..
.
Clasa A, 2 to 8, small
Class B.5»
Class C. 2 to 5
*is.
BKCDRITIEg.
Bid. Ask.
SECCKITIES.
Alabama— Cla-ss A.
.'
B8«
MM
11/24.
iiii
Siuull
ReKliitered
1U4
104
Fundlnff 9«. 1800
..'..1
do
!
re«ctttered
RAILROAD AND HIISCELLANEOVS STOCKS AND RONDS.
Nevada Central— Ist m. tts
Ohio & .Ml88.— Consol. 8. f'd
Chic M.&St.P.—Continued.
Railroad Stocks.
{AcliM
Ist Bs, l.aC. & Dav., IfilB.
IstSo. Minn. dlv.Os. 1910.
Islnl., H..t 1>., 7s, 1910...
Chic. & Nortliw.— Sink. f'd.
quoted.)
•n-eeiotiKlti
Albany i; Susquehanna.... loi
Bo8t(.n & N. Y. Air L., pref.l !4a
Burl. Cedar Kapliis ,lt No.
oo
.
.
bonds
Consol. bonds
Extension bonds
mortgage
Ist
Coupon gold bonds
Int.
i
Cedar Kails & Minnesota,
Alton, pref
120
Chiciuri .t
Clev. & l'lttsbur){,ifuar....
ji24
liojilllja
Dubuque * Sioux City..
& Kokomo...
*
Ind Uloora
....
Western....
31
do
&
Winona &
Chic.
prer.
113
Peoria Decatur
lai'
W. & Chic,
Pitts. Ft.
do
do
guar,
Bpeo'l.
Rensselaer & Saratoga
Rome Watertown k Ogd..
115
163
111
Wiledo
Warsaw..
& Canal ..
United
Miscellaneous St'ks.
Adams Kxpress
lU
112
iS
44>«
52!*
2d m<)rtg.,ext'n
Excelsior Mining
Gold &. Stock Telegraph
N.Y.L.E.,tW..n.2d.con.,6s
do
do
2}ii
15
no
issm
n
Mining
54VI
828*i
m
40
Bur. Ced.K..t North.-lst,5s
^Ai Bl>>i
Minn.it St. L., 1st, 79, guar
Iowa City & West'n.lst 7s>
94" 97"
Central Iowa, Ist m.79, 1899
Chesap.A O.— Pur. m'y fund 106
BS«
68
6s, gold, series B, int. def.
36.% 37
69, currencv, int. deferred
Chicago & Alton— 1st mort. 180
Income
lfl7'
Sinking fund
KlU
Joliet & ChieagOj 1st m.
Louis'a & Mo., 1st m., guar 4114
do
2d 7s, feoo
100!<
St. L. Jack. & Chic. 1st m. 112
.
Miss. Riv. Bridge.lst.s f ,69
ilPOJi 110
Chic. Bur. & Q.— S p.c, 1st
Consol. mort.. 7s
122'4| •-•
.
m
5s, sinking fund
Chic Uk. \.k P.-69,
9b, 1B17,
cp.,lB17 in^'iis"
tiiesi.iis
registered.
Keok.i Des
-M., 1st, g., Ss.
J.— 1st m., 'BO.
....I
Lehigh S W.
do
Am. Dock
do
li
97
113
Central of N.
Ist consolidated
do
assented.
Convertible
do
assented
Adjustment, 1B03
10314 103 ji
103
llOSJi
B., con., g'd.
'Prices aomlzseU
i-
&
do
& W.
'
.
.
:n4
>oo>i
1U2
103
HI
lUk
US
88,^
106J< 107
107>*
idi
114
U7
Nashv. & Decatur,
,
1st, 7s.
Erie* West.— 1st 6s, 1919;
..<£ Mun.-lst 69. IBIO'
Manhattan Beach Co. 7s, '«9'
:
es.
7s.
A
lOOJj lOl
m
114
;
25
84
75
35
-=
85""
15
48
20
85
100
lOO.
STATES.
100
I802-19I0..J.A J. +111
118
J.&J.1H12
11»
79, gold,
7.S,
gold, 19<I4
Virginia— New 10-40s
}'ast-dne
I
Ala.iChat.-Uec'rsctfs.var
101
42
93
00
10"
.,„
ids" iot"
.... 101%
*....
West. Un. Tcl.-lOOO, coup 112U
SI 13
ISWO, registered
101^
Spring. V'yW. Works— Ist 6!
1085^1
92
Oregon K. k Nav.— Ist, 6s.,
INCOME BU.vns.
10«}a»10:!-4
68
5«)4 Centml of N. J.— 1908 . . .
'I8H
.... ChicSt.L.&N.O.— 2d m. 1907 408
1073(ll
30
l(«as 102« Col.Chlc.&Ind.C.,lnc.7s.l890
113
.... (^ent. Iowa coup, debt certs.
S4.i'
103|< 104
Ind's Bl.SW'n-lnc, 1919.
50
109
....! Md's Dee. ,t Sp'd. 2d Inc..
I02« .... nt. & Gt. Xorthern— 2d Inc 68
11)2^1 ....' Leh. k Wilkes B.Coal— 1888
66'
ake Erie .4 Wn-lnc7s,'9»
126*i;i27
61
Laf. Bl.,t Mun.— Inc. 7. 1899
kwh: ".. Moblle.4 o.— l8t pref. deben 70^
117
1118
106}vj:u7>s
'.'.'.'.
. .
I
*»
05
..,
& Georgia—69.
E.Tenn.i Vu.—Os.end.Tenn
E. Tenn. Va. k Ga.— 1st, 78
Stick
Stock".".'.".'..'!!!!.'"!!!!!!!'
Greenville Col.— 78, 1st
m
&
7a,guar
.Macon
.'..
& Aug.— 2d,
these are latast quotations
made this e«lCi
.,
endors.
7U
110
10s
101
101
104
lOU
& Tenn.- 1st
93
Miss.
78!<
N. O.
78
33
85
Certificate. '2d mort.. 8s..
.Vorfidk k Petersb.— 1st, 88,
Ist mortgage, 7s
1st
51
m., 8s,
mortgage, 8s, B
\ Jacks.- 1st m.,
A
,
Ra...
8d mortgage, 8a
C—
Northeast., 8.
1st m., 8s.
2d mortgage. 8e
Rlch.& Dan.— 1st consol., 6s
Sonthw. Ga.—Conv., 7s, '86.
Stock
Carolina KR. jst m.,
Stock
non-en Joined
31)4
Non-mortg. bonds
West A'H.— Ist mort., 8a
S.
40
7a, 1902,
7a.
No qootaUon t»<lar;
latest
iia81
107
100
100-
7S119
It's"
110
100
28
so
109
108.
ni
110
100
118
108II»t
lis
lot
104
li»
loa
130
115
104»< losji:
107
no
95 105
103
—
11
70
as
I
OB
108
i
108
102
105
115
100
Stock
2dmort..88
90.
ins
lie'
Mississippi Cent —1st m., 7s
70X
lOO'
lioalOQ'l 110.
2d. 79
114
am
SO
MeraphiaA Cha'ston- lst,7r
11«H
70
71
65
70
£0
87
105
95
US
95
East Tenn.
....103)1
I
41
10
40
10
85
.
Oeogla UU.— 7s
Clarlnda
1919
.
Chavl'te C0I.& A.— Cons., 78
2d mortgage. 7s
'«»!<» It
1st. 7s, "BO.ex cp.
III.& So. la., 1st m.78.ex cp'
Hannibal & Naples. 1st 7s
St.L.
N.K. E.& R.,7s
Omaha Div.. 1st mort., 7s
b.. 6s.
f
Stock
—
SB
105
Je Gulf—Consol..
Georgia— Cons, m., 7i' 110
iVtIantic
VSii Cent.
10034
100
DO-
10»
Coupons.—
RAILROADS.
i90
7S
Carolina.— ,\"ew 49
72
So.Carolina— Con.. 6s(good)
fc6
85
i Irap't. cons
Texas-09, 1892
M,*8.I+I0S
1st pref. inc. for 2d mort.
Istpref. Inc. for consol...
128
128
*
}iri
(lirokers' (jtiotaitons,)
.N.
\\,i^ ^-...-..l—i,..^.. 1().20
to-day
4
»*it
95
Burlington Dlv
I
No price
6028
B
9
4
T.H.— l«t m 113
Tennesssee State coupona.
South Carolina consol
Virginia coupons
con*".!. C'.Mi».)ii,s..,
do
I
t
110
18
Sontlicrn Secnrilics.
.
N. Y. C. & Hud., 1st m., cp.
do
Istm., reg.
Huds. R., 78, 2d m., 9.f.,'SS
Canada South., Ist, int. g
'2d pref. debentures
8»|h. S9fj
1-24
Harlem, 1st m., 78, coup.
....
do
3d
do
1st ra., 7s, reg
4th
t:23:*! ...
do
.V. Y. Klevated-ist, 78,1906
N. Y.LakeE..tW.Inc. 6s.l977
UO^iilll
And accrued inteiesU
70
Jk Nebraska— 1st m.
30
2d mort
Long Island— Ist mortgage. 107
N.Y'.&Greenw. L.— 1st .7s. n.l 55
58
I
su b9crij>tion
lOS
7«
35
fKans:is
Union & Logansport— 78.
U. Pac— South Branch ..
66
,
6s, 1887
6s, real estate
fls,
Rome
do
St.Cha8.B'dge.l.«t. 7s, 1908' 1C5
North Missouri. 1st m.. 7s JllOHi
1st mort., sterling
69 IBOB.
Mo.k.&T'.^on's'.ii'9s.'.iiK>4-6
2d mortgage, inc., 1911...
U. & Cunit. .Mo.. 1st., 1800
'B8
6s, 190S...
79. IBOS...
Inc. mort.. coup., 7s, 1896.
Deb. mort., coup., 69. 1883
Deb. mort., conv.. 7s, 1S9S
Wat. Og.— Con. l9t.
St. I..& Iron Mount'n- 1st
do
K.Ck
90
N.Y..\cMan. Beach l.st78,97 1J5
Marietta .t t'ln.— 1st mon
Kqulnment bonds
7s. 1911
Registered 79, IBU.
Improvem't, coup., 69,
Q.* Tol.,
97J
OS
80
105
Vine— l8t,7B,^
105
mortgage, giuir
South Side (L. 1.)— 1st mort W»s
South Mlnn.-lst m.. 7s, '88. 100
105
1st mortgage, 7s (pink).
OS
Extension
70
Tol. Can. 8.* Det.— 1st, 78, g
108'
do 2dm.,7.«,'!i3.excp
HO
108
>5
2rt
Consol. conv., 78
Gt. Western. 1st m.. ex cp
..,
*.... 110
L.
Metropolit'n Elev— l8t,lfK)8
Mich. Cent.— Cons., 7s, 1902
1st mort., 8s, 1882, a. f.
100
1st, ex. I. gr.,7s
Ilous.Jt Gt.N.— )st,7B.g. IBOO
St .L. Vandal Ia4
IstSt. L.div.7s.exmat.cp.
2d mortgage ext.. ex couji
Equipment bonds, 7s, 1883
118
114
102>i
2ii
75
15
St.I,..tS.E.-Cons..7».g..'(>4l
Bs. 1911.
Morte.7sof 'TD
T.AWab.. 1st ext.78
122
11"J<
110
81
20
»8
110)4
Registered
Wabash KR.124
us
-.00
<!'ons.conp. 6s
lOSMi
2<I mort.. tts. 1909
112
Tol. Peo. & w.—
Pur. Cora, rec'pts, Ist.E.D
1st mortgage, W. D
106'
104
9«
103
A Crawfordsv. -78.
&
:o7>t
lou
lOS
106
90'
100
I
Coupon
Det.Mon.4 T.. 1st, 78.'1906 116
Lake Shore Dlv. bonds
do
cons, coup., 1st 123'
cons, reg., Ist.,
do
do
cons. coup.. 8d, :i7
cons. reg.. 2d ..
do
Loulsv.&Nash. —Con8.m.,7s 113
Laf. BI
-.12
General, coup.,
108
90
1
1st.
mort., 7s, gold
Ceclllan Bninch, 78
107
Indlanap.A
I
new bonds.
Pigeon.
lOS
Cln.,V Spr.- lst,C.C.C.,^I.,7s
1st m..g'dI,.S..t M.S.,.9.
Denver Pac— lst,7s,ld.gr.,g
"
Erie & Pittsburg— Ist
do
2d
80
Chic & I.e., Ist con.,
N.Y. & Oswego MId.-Stocki
do
2d con...
Convertible b.-nds
do 1st Tr't C0.ctf8.a9s.
'<m
71% 80M N. J. Midland— 1st, 78, gold.
do
do
suppl.
2d mort
do 2d
do
BS9. ,,„
New Jersey So. — Ist, Os. new
St.L. Va.&T.H., 1st g.7s.'B7 113
St. Joseph & Paclflc— Istm.
90
do
2d 79. 1898
8d mortgage
do
2dgtd.7s, '98 100
St. Jo. & Western stock
Phil.&Kcad.-
.
Cleve. P'ville & Ash.. 7s
Buffalo & Erie, new bds..
Bufliilo & State Line, 7s.
Kal'zoo
4th mort...
Chtc.A Southwest.— 7s. guar
Cln. Lafayette .t Ch.— 1st ra
i'..'..
Ind.. 5. f., 78.
Tol., sink. fund.,
I'iTJ^i!
I
iiMKt
Cleve.
Pitts., consol.. a.f.
80
60H Indianapolis & St.L.— lat. 7s
127
so.
101
Pere M.-a«, I'd gr't
Consolidated 89
Stock
Galv. Hous.i H.-7S, gld,'71
Gr'nd K.&Ind.-lst.'.s.l.K.BU
1st. 7s. Id. gr.. not guar...
130J:
:«i
107
108
Flint
n8' 120
117H
97
105
Slliiji
Lake ShoreMich S. & N.
107^
ChicMil.&.st.P.-lst.Ns.P.Df 127J4' ..
2d mort., 7 8-10, P.D.,1SB8 115 1118
114
Ist m., 7s, * gld, ll.D.,)B02 113
lat m., Ltt C. DiT., 1883.,
*iii'
jstm., 1. & M-, 1S97. ...
istm.. I. &D.. 18M!)
1st m..C. iM., 1U03
116
lis
Con. sinking fund, 1B05.
108
111
8d mortgage, 18.84
l9tm.,'S,l.,M D.Exl.,liKl8 109
....!
fi«
S....
b-JH
m.
2d m..
3d m..
ao
Chic. St.P.A .VI'polls-lst.OB
Landgrant Income. 6s
C^>n. mortgage, 78
7s, equipment
95
98
90
S»
60
N>
Evansv.
KR—
do
do
K. lll.-S.F.c'y.U'07.
m
'eo'
gr't, reg.
10»
100
106
Inoime bonds
iot'
1805
6s.
k
Chic,
'
103H
98>4 BBVj
2d mortgage
ion
103
Arkansas Br., 1st mort
Cairo A Fulton, l.st mort. lOI^'KiB
106-4
Cairo Ark. & T., 1st mort. ^JOO 101
113
I'-»H St. L. Alton & T. H.-l9t m. *;iO
*100
74
2dmortgage, pref
80
92
do
,..-.
income
118
Belleville & So. 111., Isfm.' HO
97«
St. P.,tSionxC.-lst6s.I919 , •;; 101
St. P. M. & Jlanit'a- 1st, 7s.' 108«
Inc. and ind'y, 7s
in.Cent.-Dub.&SlouxC.lst
Dub. \- Sioux C, 2d dlv...
Cedar V.k Minn., 1st m..
Ind. Bl'm & W.— 1st, pref. 7s
(Brokers' Quotatiotu,}
Col.
»10"7H lOB-^
Oeyj B8^ Mobile & Ohio— New m.,
Nash. Chat. & St. L.— Ist
..
N. Y. Central-Os, 1883
assent 'd
Impr. bonds.
assented
S.-we.<t 'Ht-.. 1st
1
2d mort., 1909
Ind's Decatur & Sp'd 1st 7s
Int. & Gt. North. 1st 68.Kld.
107
SB
Cleve.*
do
109«
N., 7a.
1st mort., 7s, 1000
Railroad Bonds.
stock Exchanqp Ffteet.
Bait. & O.— 1st «9, Prk.b.lBlB
Bost. H. & Erie— 1st
Ist raort ., guar
C—
Waco &
2d C, Main line, 8s
3d Waco &N.,83
I
21)6
St.
116
do
do
,
1st mort..
I
s«a
pref
&
117
'95,
Pitts.Ft.W.,it Chic, 1st
1st con., f. cp.,7s
2d,con.,f.cp..os,0s
Jos.— 88, conv...
1st, m. .,78
HOU9.& Tex.
ist mort.. West. Div., 79..
:Han.
withcp.ctfB
lstm..68.
Pennsylvania
;ii8^
Buff. N. Y.& E, Ist m., 1910
Miscellaucons List.
105H
Pac—
l8tm..0.s.'9(i.
do
Den. Dlv. 6s ass. cp.ctf..
1st consol. 6s
do
Pacilic KR. of Mo.— ist m.
Income ami land
'.18« 119
IIB
Ist cons, gold 79, 1920
Leadville Mining
Little IMttsburg Mining ...
Maripos:l L'd & Mining Co..
;io
111
llSSi
115
Registered. 89
Collateral Trust, 6s
54
88}J
I
m
grants, 7s
Consol.
l<l6)i 107
Long Dock btmds
Quicksilver
*108
108
106H
Ss. 1019.
ra
K'»l.'
uccum'latlvu
I
80
»0«l
B6
109
2d mortgage
Income.^s
Ist m., Carondelet Br...
»100
St.L. & S.F., 2d fls.class A. «88
112
do
3-6s, class C. tK6
lOW-KlllO
«8
3-fls. class B.
do
do lst6s.Pelrce,C&<)
106
107«
South Pac. cf Mo.— Ist m. loi'
lUS
109>, Texas * Pac-lst, 6s, 1805.. 100
Il3>^j
:120
.
Homestake Jlining
La Plata Mining
Silver Cliir Mining
fetandara Cons. Gold
1st. coup
3d mortgage, 73. 188.3...
4th mortgage. 7s. 1«.S0 ...
6th mortgage. 79. 1888 ...
Dead wood Mining
Oregon Railway A Nav. Co 8108
200
Pennsylvania Coal
Pullman I'alace Car
110
—
—
....jliax
127
1st. reg.
Grande— Ist.HWO 106"
Erie— 1st mort.. extended.
Sii
.
pref.
41179*118
do
Deny..* R.
s'^
Colorado Coal & Iron
Consolidation Coal of Md.
Cumberland Coal & Iron..
do
1st con. .guar
Bens..t Saratoga.
84«
.
Climax Mining
....
....
102><|
.
do
Land
Kansas
S108
m
rcg., 'Ts. 1B17
do
Albany & Susqueh., 1st m.
do
2d mort..
do
3d mort..
8b'
(Tanton Co., Baltimore
Caribou Consol. Mining
Central AriE<ina .Mining...
Central N. J Land Imp
.
1st Pa. div.,coup., 7s, 1917
105>^
S55
Int., (Is.
RailroadsCentral Pacific-Gold bds. 112% !I3
RAILROADS.
San .Idaiiuin Branch.... VH il04>i
Atch..t P.l-'k -«9,gld, ex cp.
Oregon, 1st
Cal.
101iH;100
Bost. & .V. Y. Alr-L— l8t m.
iWV,.
State Aid bonds
Cent. Iowa.— Ist m., new,..
;104
Land grant bonds
2d
llOM
Western Pacific boiida.
Stock
South, fac. of Cal.— Ist m
Union Pacitlc—lst mtirt.,
112J* ChicV Can. So.— Ist m..g.,7s
Slnkingfund
..
1I4J<
2d mort
do
bonds, 1900
do
conatruct'n
do
7s of 1.871.
do
do
Ist con.,g'd..
Del.Jt Ilud.Canal—
'84
lat mortgage,
Ist mortgage, 1891
extended
do
Coup.. 7s. '94
do
do
Keg. 7s, 04.
S189"
United States Express
N.Y.&StraitsvilleCoal&Iron
Ontario Silver Mining
—
10«>4
k
ISO
110
t76
Pttctflc
1121
78, B. f
West.-2d
«
I
2d
.*;
m ..
2d m
&
Peoria Deo
I
—
llOJi St.L.I.M.ftg.-lst 7».prf .Int.
I
7s, ct)nverttble
Mortgage 7s, 1907
N. Y., Ist, 7s
Syr. Bii «h.
Morris A. Bsse-x, 1st in
113
114
66
do
do
Maryland Coal
Montauk Gas Coal
110
110
St. P., Ist
Ist ccm. 78
Del. iJick. .t
American Express
Wells, Fargo & Co
American Coal
Boston Land Company
Boston Water Power
12"i
St.L.& N. O.- Ten. Hen 7s
C.
Paul Jt Duluth
pref.
do
do
Stonlngton
Terre Haute & Indianapolis
Pacific
I'corla &
N. J. Kit.
Mil., Ist
do
Ind's— 1st,
*:on8ol. mortgage
0. C. C.
9HM
St.
Texas &
121
*117«{
..
—
Ohio Cent.,
103
91
u«>4
H5
;114
Consolidated
)M consolidated
1st m.. Springlleld dlv
1st m., 89, 19-2U.
Peoria Dec. k E'vllle, 1st 0»
104
Peninsula, 1st m., conv...
liOnn Island
Louisv. .N. Alb. & Chicago..
Metropolitan Elevated
N. Y. Elevated
I-.----;N. Y. -New Haven * Hartf
N. T. Ontario ,Ss We8t.,pref.
& Evansv.
1I05<
no'
Slnkingfund
Iowa Midland. 1st ra., Hs.
Galena & Chicago, exten
180
3!
Intern'l & (it. Northern....
Keokuk & Des Moines......
do
9BJ<i_
118
Registered gold bonds.
Frankfort
Harlem
88
Nie t Uj
'Vl«78
38
118
THE CHRONICLK
516
NEW YORK LOCAL
Bank
Capital.
CoMPAXisa.
XXX.
[Vol.
SECURITIES.
Stock Lint.
Insarance Stock
[Qnotat Ions by K. 8. Bah,
Surplus
lilst.
T.Blraker. 7 Pine Street.]
at latest
•iSI.'St'K'Xf^''!-^ !*'"">""
dates.
S
Period 1878. 1879.
Uld. Ask,
Last Paid.
100 3,000,000 !.645,S00
J»n., '80. SH 143
118
May, '80. SW
Am.KxchaDKe. 100!5.000,000 1,&04,4<)0
11)8,800 I.dk J.
10
100 8eo,ooo
l«n., '80. 5
Bowery
28 1,000,000 1,224.400 I.& J.
16
Jan., '8J. 8
Broadway
»'i2-)0 J.& J.
6
.Jan., '80. 3
Butctaer«'& Dr. i^\ !i00,000
100 8,000,000 88t).00 J.*J.
7 .Tan., '80. 3« 117
Central
67.000
100 800,000
S Mar., '80. 3 13j
Ctuae
2ft
i7«.aoo .T.& J.
450,000
6
Chathain.
Jan.. '80. 3
100 800,000 3,S'i9 Mk Hl-m'ly 100
100 Mar., '80.15
Chemical
6
.14 1,. '80. 3
29 600,000 IB!. 100 .1.40.
Citizens'
6
100 1,000,000 1521.'JU0 M.&N. 10
City
.
10 M.y, JSO.IO 2ro
100 ,000,000 3,888.500 I. A J.
Commerce
8 .Jan., *M. 4
8
143
189,100 f.& J.
OoBtlBsntal
100 1,000,000
.Ian., '80. SH 112
lU
Corn Kxcb'ge*. 100 1,000,000 88a,700 F.&A. i'd
iB« Feb '80, 5
rtil,i0O I . & J
SaatBlVfir ..
25 250,000
3«
J m., '80. Ha
18,400 I , * .T
11th Ward'.... 25 100,000
.Inly '76. 3
40,800 I. & J.
100
150,000
Fifth
Jan., '80. 3
"a
Firth ^venae*. 100 100,000 822.100
275
500,000 i.oa.ioo ij-JV
First
100
120
Apr., '80. 5
_,.
Fourth
100 3,>!00,000 1,001800 l.dtJ.
6
Jan., '80. HiiJ.US
118
Fulton
SO 600,000 SB5.700 y.&N.
7 May, 80. 3!4
eallatln....
5« ia»o,ooo
A.&O.
Apl , '80. 4 137
64 100 r.ft A.
Qerm&D Am." 7: 750,000
Feb., '80. 2«
«5.7o;i
Uerman Exch." 100 200,000
May.
May. '80. 5
68,530
Qermania*
100 200,000
3
,vlay, '80. 3
20 OOo niIan
Greenwich'
25 200.000
6 Soy., 78. 3
'ja.Odo I.& J
.'to
Grocers*
225,000
.Jan., '77. 3
253.1
Hanover
..
100 1,000,000
I.* J
"i .;an., '80. a<4
Imp.A Traders' 100 1,500,000 1.948.000 l.dfc J
14
.IkU., 'SO. 7
233
Inrlng
50 500,000
T.&.I
8 Jan.. '80. 4
8,400 J. & J
IslanaCity'... BO 100,000
.ian., '78. 3
"8
Leather Manuf. 100 600,000 435,400 .l.&J
Jan.. '80. 4
Manhattan*.
7 Feb., 80. 3W
50 2,050,000 ,035,1.10 F. & A
146
Manaf. &Mer.' 20 100,000
10,500 1. &.
.luiy, -79. 2i|
Marine
IfcS.dOO J.& J.
100 400,000
J,.n., '80. 3>4
Market
100 500,000 284.100 .!.& J.
.ian., '80. 4
121
Mechanics'
.
25 2,000,000 0,^6 100 .J.& J.
Jan.. '80. 4
Mech. Assoc'n. 50 500,000
4
811.600 .M.&N.
May, '80. 2«
Mech'ics & Tr. 25 200,000
•;9. 2>s
42,500
1^ Juiy,
Mt^rcantUe
100 1,000,000 ISJ.WJ M.&jj.
May, '79. 3
100
Merchants'. ..
50 8,000,000 B8<,700 1 . * J
Jau.,'^0 Sii 132
Merchants' Ex. 50 1,000,000 167.600 .J.& J.
oH
Jan., '80. 3
100
ibOH
"
Metropolis'.
7
100 800,000
55,600 ].& J.
Jan,, '90. S\i
Metropulltaii .. 100 3,000,000 l,Jon,-«oo r
9 J n., 'bO. 6 149
Murray Hill*.. ;oo 100,000
12
ias'O J. & J.
Jan., '80. 6
Nassittt*
100 1,000,000
6
61,100|,M.&t«.
May. '80. 3
NewYori.
100 2,000,000 837.800 .J. & J.
8
Jan., '80. 4
154
S. r. County.. 100 200,000
44.700 1. &.
8
.Jan., '80. 4
"
N.T. K. Exch. 100
300,000
80.000 F.&A.
Feb., '80. 3W
?^
Ninth.
loo) 750,000
lU.SUO J.& J.
Jan., ^80. 2^
No. America".. 70 700,000 144.800 .] & J
July, '77. 3
"7
North River*. .SO 240,000
67.500 J.& J.
Tan., '80. 8>s
Orient*;*
25 300,000 172.800 ,!.& J. 10
8
Ian. •80. 4
Paclllc'
50 422,700 215,200 Q-F.
10
10 May •80. 2ii
Park
6
too 2,000,000 427,800 J.& J.
6
Jan. •80. 3
People's*
8
7 Jun. •80. 3)^
25 412,500 125.400 .].& J.
Phenlx
6
20 1.000,000 163,600 J. & J.
3
Jan
,...., ^79. 3
100)^
Produce*
.,000
50
12.1,000
Inly, •74. 3H
Bepubllc
100 1,500,000 671.700 F.&A
"a
Feb., •BO. 4 130 iib
8t. Nicholas... 100
600,000 133.500
3
Jan., •so. 3
Seventh .Vard. 100 800,000
5B,800 JV&J
"a
Jan., '8'). 3
Second
100 300,000
100.300 J.&
"s Jan., •80. 5
6ltoe& Leather 100 500,000 158.300 J.& J.
10
8
Ian. '80, 4
J.
13!S
Blxlh
100 200,000
6
85 600 J.& J,
6 Jan., •SO 3
State of N. T
lOO 800,000 274,600 M.&.N
7
7 May, •BO. 3M
Third
100 1,000,000
3
18.S,200 .;.&.).
•Jan., •so. Si4
"tradesmen's.
40 1,000,000 280.000 .J. & J,
7«
Jan., •SO. 8L6
UCiOn
50 1,200,000 746,700 M.&N. 10
8
•May. •SO. 5
West Side'.
100 200,000
1 6,600 I.& J
12
Jan.. •SO. 6
flg'Te; in this column are of date April 23, 1880, for the
."!•"« nutionui
Natio n-Li banks
» i J**."
h»„'i!.'.
and
Of date March 20, 1880, for the State banks.
Amerlu'...
,
.
,
.
.
.
,
.
7
.
•
Ga«and
city Railroad Stocks
and Bonds.
[Oas Quotations by George H, Prentiss, Broker, 19 Hroad
Street
Bab COMPAHlKS.
Brooklyn Gas Light Co
Cltlzens^OasCo (Bklvn)
do
bonds.
_
Harlem
Jersey City & Hoboken!
Manhattan
,
,
Metropolitan
"," .,
.',
certincates.,
..
Hatual.N.
Y
do
bonds.
Nassau. Brooklyn
.
„do
.
..
scrip..
New York
Pdople^s (Brooklyn)
00
do
bonds.,
certmcates.
n f" of.„''"'
Central
New York ...
'.
,
Williamsburg
do
scrip
Metropolitan, Brooklyn.
Municipal
00
bonds
Fulton MuDlclpal
,
[Qnotatlona by H. L. Ghast. Broker, 145 Broadway.1
Bleecker St. & Fult. Ferry— Sfk
l8t
mortgage
Broadway & Seventh Av,— Sfk
1st mortgage
Brooklyn City— Stock
Ist mortgage
Broadway (Brooklyn)- Stock
Brooklyn & Hunter's Pt.— St'k
1st mortgage bonds
Bushwlck Av. (B'klyn)-Stock.
Central I'k. N. & B. lilv.— Stock
.
Consolidated mort. bonds....
Christopher & Tenth St.— Stock
Bonds
Dry Dock B.B.& Batt'ry— Stock
1st mortgngo, consolidated ..
Eighth Avenue— Stock
1st mortgage
42d St. & Grand St. Ferry— St'k
Ist mortgage
Central Cross Town— Stock ....
Ist mortgage
Houst. West Stcit Pav.F'y— Sfk
1st mortgage
Second Avenue— Stock
3d mortgage
Consol. convertible
..
Extension
Sixth
1st
Avenue— Stock
mortgage
Third Avenue- Stock
Ist mortgage
Twenty-third Street— Stock,
181
Capital.
COHPAKiSB.
...
mortgage
This column shows
last
dividend on
stocks,
but the date of
]
far.
American
+
Amount
50
400,000
200,000
300,000
200,000
153,000
300,000
210.000
250,000
300,000
200,000
[00
Hii
Broalway
2I>
17
20
70
100
30
Commercial ... 50
Continental., t 100
Kagle
40
Umpire City.... 100
Kxciiange
30
FarraRUt
60
Firemen^s
Flremen^R Tr..
Franklln&Kmp
German-Amer.
Gerraania
Globe
Greenwich
Guardian
llainllton
Hanover
17
10
100
100
50
50
25
100
15
.JO
Hoffman
.jO
Home
100
Floward
50
50
100
30
20
40
60
100
25
1
,000,000
,
Lalayette(Bkn)
Lamar.. ,;
Lenox
Longl8l.(Bkn,t
M
.
.
14
10>s
Ian
10
80
10
80
Dec,
Ian., 'SO. 5
'79.10
116
300,404
190,417 20
21)
IH
M
Feb., '80. 8
195
Jan., •80.10
18-i
2:0
20
.!»•>.,
163,421)
10-72 10
12
11
190
117
130
123'
130,255
2,725
112,401
108,151
514,412
73,85S
09,153
18S.833
68.Wfl
76,147
136,412
17H
18
6
•A5
l'2iXJ
HI)
14
16
16
1'.!
VA
875,1:66 10
200,000
200,000
200,000
150,000
500,000
200,000
3,000,000
118,251
343,749 40
22,008 10
600,000
200,000
200,000
200,010
160,000
280,00c
160,000
200,000
150,000
200,000
800,000
200,000
250,000
200,000
160,000
200,000
200,000
200,000
200,000
200,000
210,000
200,000
200,000
300,000
800,000
350,000
200,000
200 000
160,000
150,000
7."i2,7.-,4
120 806
1
Bid, ASlv.
475,871 16
1,000,000
1,000,000
26
Manur.ft Build, 100
Manhattan
100
Mech.&Trad'rs' 25
Mecirica^(Bkn) 60
Mercantile..
60
Merchants^
50
Montauk (Bkn) 60
Nassau (Bklyn) .50
National
N.Y. Equitable 3f<'
New York Fire IIHI
N. y. & Boston 100
New York city 100
Niagara
60
North P.iver.... «6
Pacllic
«6
Park
100
Peter Cooper... 20
People's
.60
50 1,000,000
Phenil
200,000
Kellef
50
800,000
Kepnbilc
t 100
200,000
26
200,00c
St. Nicholas.... At
200,00c
60
Standard
500,000
100
200,000
100
Sterling
200,001
26
300,00c
25
250,00C
United States.. «5
300,000
Westchester... 10
250,000
50
WIllIamBb'ir C
LoriTlard
1
Priok,
1
Hi,l515 10
3S(1,»40 i(>
M
4^6,.i7H m
300,000
200,000
200,010
200,000
204,000
150,000
200,000
I.iO.OOO
Iinporters'A T..
Irving
*
Jefferson
Kings Co.(Blin)
K.nickerbook(^r
Net
Surplus,
DlVrDKNDS,
Jan. 1,
1880.* 1877. 1878. 1879. Last Paid.
30
m
m
086,1)45 10
51,5.36 10
,3i:0,785 10
4,089 10
110,815 12
78,922 12
6,48-1 13
290,770 10
193,014 20
4,938 10
134,007 20
97,680 10
31,104 10
253,633 20
S4,aO'2io
182,909 12
140,928120
238,166;80
163;668 20
30,833 10
159,762 20
100,961 IS
147,011 •2(1
101.51,5 14
816,395 '.•O
130,185 17
20.068
1,065 10
617,46^ 12
108,148 11
899,062 -.10
20
190,043 20
8,),737
103,73ii 18
467,0'*e 21)
20
20
.Ian.
10
10
10
10
20
ft
I
10
10
16
10
12
10
20
20
10
16
12
t""
10
8^
N'ne
N'ne
Jan.
Jan.
Jan.
Jan.,
Jan,.
,lan.
10
13
10
Jan.
Jan.
'80.
'80.
•SO.
•80.
•?0.
•80.
•SO.
•80.
•SO.
80.
•70. 3x.
•80.
•80.
•80.
•80.
•80.
•80.
•80.
•80.
•80.
•80.
5
5
8
5
5
4
135
....
138
83
160
1.50
150
;5
.«•
5
123
130
5
llo
....
7
180
161)
185
110
lliO
Jan.
5
6
4
'80.10
'80.
Jan.
Jan.
,j4n.
Feb
Ian.
Jan.
Feb.
Jan.
10
ian.
12
10
11
•la-i.
10
Jan
20
20
Ian
6
'rO.lO
109
60
70
65
140
100
205
145
110
108
180
105
125
115
....
5
8
5
100
113
130
90
75
165
70
130
lOS
80
120
105
120
IfiH
•80.10
203
'80.
10^
.*•
....
155
100
ipl.
1-
50
117
100
85
130
5
5
8Vi
102
70
141
60
6
•79.
•80.
•80.
9-7
70
135
165
90
133
80. 7
•80.
'80.
•«0.
•80,
•80.
5
12
140
lis
140
105
8
10
100
110
130
ICO
'80.
8H
107
6
5
12
12
10
10
9ft
Jan. •80 5
20
12
20
16
10
5
20
•SO
lift
TH
170
Jaii
30
12
•80.
"
140
SJii
100
120
8?^ 95
105
6
5
145
5
187
7
no
5
7l« 200
31* 60
Tyi 130
160
8
80
5
130
5
6
.Ian., •-O.IO
12
8
20
80.
1,S5
11
10
12
'80.
100
95
.
20
20
10
la
7W
200
105
177
185
8
5
an
Jan.
Jan.
•20
•80.10
•80
12
Ml
10
20
14
9-1
Jan., •80. 6
Jan. •80. 5
,1
10
20
6
14
10
10
13
5
liO
185
6
'80. 5
.Ian.. •80. 5
July, '77. 5
-Ian . '80. 6
Jan, '8:).6-85
Apr. '80.
.Ian.
'.•*o. s>2
18
10
13 40 13-66
20
15
10
10
Keb.
10
10
Jan.,
15
15
Jin.,
10
H'-<
Jan.,
11
11
Jan,,
7
Jan.
10
10
Jan,
22
14
,lan..
10
10
.Ian.,
30
SO
ian.
7
7
17^ 12Vj Jan..
Jan.,
10
20
Ian.,
10
10
Jan.,
10
10
10
'80.
Feb
N'ne
43,677 10
26,725 10
175,334 20
10,841 10
9
1B9.09C l'^-35 6-23
121,591 17'..1 12)i
10
28,519:10
14
137,084 16
10
102,389 20
215,455118
121,502 10
443,695 '20
,
6
'80. 5
'80. 5
'80.
TO
'80 10
160
•80 3
85
•80.6-2E 125
•80. 5
102
•80.
70
•80 5
115
an
sa
•80.
•80.
•80,
.
110
....
Mat
THE CHRONICLE.
15, 1«80.]
Juucstmeuts
AND CORI*OEATION FINANCES.
TUB INVESTORH' SUPPLEMENT.
STATE,
<;5T¥
The Investoks' Siipplbmext is issued every other month, and
the next number will be published Saturday, June 26.
617
reduced to 1,266 miles.
The Norway branch, 136 miles, was
opened on the 30th December, increasing the mileage worked
by engines of the company to 1,273^.
The charges for maintenance and renewals of road and rolling
stock compare with 1878 as follows:
ExiMmdcd on—
1879.
1878.
Way, stations and bulldlDgs
£151,075
£171,933
Engines, w-orkshops, *o
64,771
00,740
Cars
Total
or gross receipts per cent
INDEX SINCE APRIL SUPPLEMENT.
60,657
08,680
£286.403
£301,362
20-28
32-61
The charges as above on the permanent way, &c., were
and items heretofore decreased principally by the reduction on the
The following is an
milewe mainChboniclr
Department
the
Investment
of
published in the
tained, whilst the expenditure for engines and cars wasmcreased
since the last issue of the Invehtor's Supplement; annual in consequence of extra tonnage conveyed.
reports are indexed in black-faced type
The proportion of the working expenses (excluding nuiint«>
AlIPKliouy Vallc/
463 Ix)iilBV. N. Albany & Clilo.434, 400 nance and renewals) to the gross receipts fell from 44-09 to 48 •69
403
Atolilsoii Top. & Santa Fo. 433, 491
LouiMlaiiu Btiito UouiU
or 0-50 per cent, and, as already statM, they were also lower in
Atlanta & C'lmilotto Aif-Liuo..43* Manhattan Beach Co
493
40f) Maryland Union Coal Co
Atlantic & Great Western
46« that for maintenance and renewal of road and rolling stock,
index to all reports
:
&
Atlantic
433
493
l>aciflc
Augusta & Knox vlllo
Baltimore & Potomac
Boston Iloosao Tunnel
Boston Water Power Co
460
& Little Rock
Michigan Central
491
Shore*
Lake
Western.
...464
493
432
493 Minn(tapoiis * St. Louis
431
464 Mobile* Ohio
Now Orleans City Debt. . .466, 494
464 N. O. Mobile *Texa«
466
433 New Orleans & Pacific
434
AW
.
Cairo & St. lyouls
Central Iowa
433
493
433
Chic, .fc Western Indiana
493
Chioaso Rock Islaud &,Vae... 465
ChicaKO St. I-ouis & N.
465
CliicaKoA TomaU
465
Cincinnati
405
Cincinnati Hamilton & Dayton 465
Cin. Wal)asli & Michigan
433
Connecticut Western
465
Chic. Mil. ASt. Paul
Cliicajio
N()rtliwcflteru..433,
Clilcat;o
Pacific
&
&
Dallas* Wichita
Dubuque & Dakota
Delaware State Bonds
Denver &Kio Grande
Pramingham & Lowell
465, 493
Georgia Railroad
Georgiii State lionds
493
493
493
493
434
40.'5
Grand Rapids * Indiana
Mattoon
Great Western of Canada
Greenwood it Augusta
Housatonic
Grayvilie
Meniiihis
Mil.
^fe
463
493
464
493
464
N.
N.
N.
N.
Y. Central & Hudson River.
Y. Lake Erie & Western ....
Y. Penn. & Ohio
Y. Woodhaven * Rockaway
494
494
494
494
494
434
Ogdensb. & L. Champlaln
Ohio & Mississippi
Paducah * EUzabetbtown ....432
Peuusy vanla Co
431
Pennsylvania RB
434, 494
Peoria Decatur * EvansT
434
Philadelphia* Reading... 434, 494
40(i
Port Royal & Augusta
460
JJuicksilver Mining Co
Quincy Missouri * Pacific
407
434
St. Louis Iron Mount. & So
St. Louis & San Francisco
433
Savannah * Meuiphis
407
Schuylkill Navigation Co
431
434
SeluiaRomo *Dalton
494
Sioux City * St. Paul
South Carolina RR
494
Southern Minnesota
433, 407
Sutro runnel
432
1
& Chlo
& Gulf. 463,
& C. B
Indiauap. Delphi
Kan.«a8 City P. S.
407
434 Tenn. State RR. Bonds
434
405 Toledo Peoria & Warsaw
407
Kan. City St. Jo.
406 Township Bonds
467
I..akc Ontario Southern... 434, 466 Vallev, of Ohio
454
Virginia
State
Finances
Lake Shore & Michigan So
490
Laurens Railroad
434 Wab. St. Louis & Pao
434, 494
Local InrtebUidness of Ohio
466 West Jersey Railroad
431
Louisville & Nashv
493 West Side & Yonkers
454
ANNUAL
(For the half-year ending Dec. 31, 1879.)
Dec, 1879.
receipts upon the whole undertaking,
£
inclnd. the ButTalo & Champl. lines, have been 978,202
Less discount on Amerioaa currency
S,
925,585
1,550
978,202
924,034
of 72-87 per
cent, against 76-70 for Dec. half of 1878
712,807
708,757
265,395
11,836
215,277
10,099
277,231
225,376
626
277,231
224,750
Less
International Bridge capital
on postal and military bds. not retired
int.
Leaving
The surplus in 1879 was applicable to the following payments, viz.: £
Interest, Ac, paid on lands
2,992
"
British American Land Co. debentures
617
"
Montreal Seminary debentures
610
"
Island Pond debentures
2,700
6,925
Deduct
Atlantic
Interest
&
on loans, &c
357
6,568
St.
Lawrence lease
& Auburn Railway rent
Detroit line ieiuse
Montreal & Champlaln bond interest
Buffalo & Lake Huron rent
Lewiston
Ist cciulpnieut l)ond Interest
2d equipnieut bond Interest
5 percent perpetual debenture stock
Showing a balance of
52,1540
1,849
11,250
8,.530
35,000
12,645
15,000
69,752
213,134
64,097
277,232
The amount brought forward from the preceding
Sonth Carolina Railroad.
(For
Vu
period from Oct.
187«, to Dee. 81, 1879.)
1,
'
The report
of Mr. John H. Fisher, Receiver, supplies the
following information.
The report of operations during the receivership of the Sonth
Carolina Railroad from the flrst a&j of October, 1878, to December 31, 1879, inclusive, gives the following:
Gross e.imings
$1,423,340
Expenses
874,177
Net e.irnirvgs of road
Balance of amounts recelvetl—
Assets South Carolliui Railroad Co
Interest on deposits
$549,16S
$6,813
2,872
648—
Premiums
Total net liabilities
Out of which has been paid
July
1,
1878, Jan.
1,
for Interest on Ist mort.
1879
10,234
$530,397
t
bonds-
$161,103
Due syndicate
72,112— $233,210
771
For oommisftions for same
For legal expenses
For 100 box freight cars
23,707
42,105— 209,799
$258,597
of which is to be paid interest on Ist mortgage bonds due
prior to and including July 1, 1879
$99,488
Taxes for 1877-78 and 1878-79
29,599
Out
130,500— $259,597
60,09ft
8,545
184,051
$250,597
Dec, 1S78'
Deduct working expenses, at rate
Add interest on
—
—
Balance
To meet which, I have
Balances duo by agents and corporations, &o
Balances due by U. S. Government
Cash on hand
REPORTS.
Grand Trunk of Canada.
The grcss
thus decreasing the relative proportion of the whole charges 8*88
per cent. The amount charged against capital account during
the half-year was £38,854. tour sections of the Chicago & Lake
Huron llailway were purchased during the half-year, and the
contract for the construction of the remaining section was let
on the 2d September, 1879. The whole line, now called the
Chicago & Grand Trunk Railway, has since though still in
course_of improvement been opened for traffic.
half-year,
With a view
of furnishing the owners of the property a continuous record of its operations, in substantially the same form
as has heretofore been observed, the General Superintendent
has submitted his report covering the operations of the years
1878 and 1879, without making any distinction between the
periods in 1878 during which the road was operated by the
company, from Jan. 1, 1878, to Sept. 30, 1878, and the Receiver,
from Oct. 1, 1878, to Deo. 31, 1878. It will be observed that, as
compared with 1878, the earnings of 1879 show an increase in
all of the several department.
The expenditures, as was
to have been expected from 'the condition of the property at
the commencement of the receivership, show an increase as
compared with 1878. The relative amount of the expenditures,
as shown by the report of the general superintendent, which
include the unpaid taxes heretofore referred to, are:
1870.
For expenses of operating other than repairs 1878.
$323,848
$310,963
and renewals
79.403
Repairs locomotives
48,309
62,282
64,993
Repairscars
6.113
18,955
Repairs buildings and water stations
100,039
136,643
Itepairs roadway
51.735
60,320
General expenses, including unpaid taxes
.
is
$714,278
The Receiver says: " Notwithstanding the heavy expenditures
for repairs and renewals incurred in 1879, a still further expenditure will be required during the year 1880. The locomotives,
though much improved in condition as compared with one year
ago, will, on account of the heavy service performed during the
busy season of 1879-80, require something more than the average expenditure to put them in efficient working condition for
the season of 1880-81" * » *
" A contract has been made for the delivery of 3,000 tons of
steel rails during the summer of 1880, and, if practicable, additional purchases will be made to the extent of the orders already
issued by the Court."
The General Superintendent's report furnishes the following
details of operations for the year 1879. The earnings and
expenses were as follows:
£1,642, makes, with the above balance from the past half-year
of £(54,097, a total of £65,740, out of which a dividend for the
half-year at the rate of £4 per cent per annum on the first
preference stock has been paid, absorbing £64,300, and leaving
£1,440 to be carried to the next half-year's account. On the
13th of August, the Riviere-du-Loup section, comprising 118M
miles, was transferred to the Dominion Government, thus
reducing the length of railway worked by the company from Freight
1,390^ to 1,272 miles. An additional length of six miles was Passengers
also transferred to the Government, but as the company retain Express
running powers over it, and the full use of it, that length is Mall
Othorsouroes
included under the head of "mileage worked by engines,"
though the length of railway maintained during the year
.
$640,230
Total
Total
EARKTHOS.
1878.
1870.
Increase,
$804,918
183 641
$819,067
201,938
8,202
510
10,346
17,174
3,498
$14,148
18,296
2,083
2,645
2,987
$1,011,861
$1,052,023
$40,102
14,.528
THE CHRONICLE.
51S
KXPEXSF.S.
1S78.
ConiluctV t lansportation
Motive power
. .
$220,a33
1«70.
i
0(),3'20
$040,230
$714,278
(io.283
1
General expenses
Total
30.043
Xet earninss
Ratio of expenses to earnings
Decr'se.
$
$1,128
29,321
221.3ti2
187,270
62,971
190,930
51,735
'^•''T'ZtS
Maiulc'Uiuice of cars
Maiutouaiirc of way
Inereasc.
2,312
5V,205
8,585
$74,048
1878.
1879.
$371,031
$337,745
07-9
033
FREKIHT TRAFFIC—TOSXAOE.
of tons carried daring the two years was:
Tot.iK
Westwaixl.
Eastward.
252.360
144.805
107,501
231,005
113,221
137,784
The number
1873
aa79
Decrease
The number
Dee. 1,301
Inc. 5.6G0
7,021
of tons carried one mile was:
1S78
29,993,411
1879;;'!!!
29.001,.50S
991,813
Decrease
'The average revenue per ton per mile was:
In e«nts
The average
cost per ton per mile
1878.
2-6a
1879.
2-80
100
1-30
was
luceuts
Caindeii & Atlantic.
{For the ye^r endiny Dee. 31, 1879.)
E.VRNINGS,
E.XI'EXSF.S.
Ferry.
Fnlv'lit
K.xpress
May'.-i LaMilhii:
Prem. on
Conduct's transportation
$311,538
40,842
82,887
30,382
Tassenger
KR
mort. bonds.
Miseeilaneoiis
2il
.Molive iMjwer
Slaiateuauee of wa.v
Maintenance of ears
21,2;>9
3.359
Ccneral expenses
7.305
Expi'css
Atlautie City liorse ears..
10,150
$495,472
Total earnkigs lor 1878.. 399,000
T(>t;il
i
$05,392
03,128
52,004
Ferry
May's Landing Braucli.
32.771
13.387
5,202
3i>,o;!:;
10,O(l(i
.
$203.1! 15
Tot."lI
Exi)enses tor 1878
During the past
213
new
tons of iron
ferry steamer
277,847
tons steel rails were laid and
lails, several buildings were erected, a
was put on and a new passenger engine
j'ear 331
was bought.
\
itHweral investment news.
—
Bnrlington & Missouri Rivor in Xebra.ska. At the annual meeting of stockholders in Xebra.ska the proposition for
consolidating with the Chicago Burlington & Quincy was ratified.
The basis is to Issue twenty-one shares of Chicago Burlington & Qaincy stock for twelve shares of Burlington &
*
-Missouri in Nebraska stock.
Central Iowa.— A circular of the company, addressed to the
m irtt;age bondholders, says that notwithstanding the
-strike of the coal miners there was a gross gain in February of
$13,000. With a partial resumption of coal traffle, the approximate for March, 1S80, gives iJS9,500 gioss, with i?4t),500 uet, as
against :?54,')00 gross, with a net of only §16,600 in March, 1879.
first
—
Cheshire. The annual report of the directors states that the
rent for the use of the road between Ashburnham and Fitchburg has been reduced to !?51,000 per annum. Tlie company
formerly paid $.54,000, and was required by the terras of the
lea.se to pay an addition of ten per cent upon the completion of
the double track, amounting in all to $59,400, .so that the
reduction obtained was $8,400. This amount is to continue
until August 1, 1881, when the lease entitles either party to
-another revision as to amount of rent to be paid. The directors
agreed with the directors of the Monadnock Railroad for a
lease of their road for a term of six years at an annual rent of
§12,000, with the option to extend the same for another term of
Ave yeai-s at $13,000, and for another term of five years at
$14,000, and for another term of five years at $15,000, each of
such extensions being at the option of the Cheshire Railroad
Company. The stockholders of the Monadnoek Railroad have
•^voted to ratify said lease.
The matter of the attachment upon
property of the Boston Barre & Gardner Railioad is still in
court and undecided.
Tliedelit due Jnly 1, 1880, was
«^an onn
*''*""'""
1880 liou<ls talicn n p and destroyed
$357 600
.V.V
1880 bonds on hands
.VglfX
Cash 0:1 hand and iuvestuieuts at their casli value! !; 209!337
^
^
'
569,437
I.eav:ng a balanc", on liand of
$11 .103
of the road for the year ended September'
30
1879, weife as follows
Local passengers, $30,939 through nassengers, $103.(i20
total passenger earnings, $134,500
local
freight, $21,304; through freifht, $310,199
total freigh
earnings, $331,593
United States mails, $7,738 ; miscellaneous
end express. $13,557; total earnings, $487,449. The
total
expenses of operating the road were $399,694.
Balance of
earnmgs, $8/.. 54. Balance of interest paid, including
""^^^^
interest
on bonds, $47,899. Net earnings for the year, $39,854.
The earnings
:
;
;
:
[Vol.
SXX.
Tlie railroad herelorore owned by. and known a^. tlio Soiitlieru Minnes^ta Railway, to^-ctiier with its exten.sion.'i and Inanclies, ha.s been
pnrehasert by this eomiiany. nearly the whole capital stnclf Itavins l)ei'n
previously aciinired. The lailroa.l so pnreliased consi.sts of al)oMt 383
miles of roa*!, extending westerly from I.a Crescent, in the State of Minnesota, to Flandreau and Sioux Falls, in tlic Territory of D.akota. and a
branch from Wells to Mank^ito in the .State of Minnesota. The bonds
are secured by a first niort^-affe upon the entire line of road, and are
d.ated January 1. 1880. payalile .fauuary 1, 1910, and carrv semi-annual
coupons at the rate of per cent per annum, payable July and January.
No. 1 to 7,000, each for $1,000. The bonds issued arc to provide:
1. For taking np outstanding l)onds and trust conipanj's
cei tillcates of said Southern Minnesota Railway Company
and branches
.$6,124 000
2. For eompletiuK tlie line from Flandreau to Sioux Falls and
for permanent improveineuts and e.iuipmeat
876.000
$7,000,000
There i» also n provision In thfe mortjpi^e for a fnrthcr issue of not
exccedtn}i.$i,OiiO,O00 for building' an extension frou Mankato to Minneapolis, at a cost of not excee.liiijf $15,000 a mile of completed road,
fuliy eipiippod, for wliiih a)>jillcation will be lu.ade to have the increasea
amount put niwn the stock list at some future time.
IIASTINOS
& DAKOTA DIVISION.
First mortgage 7 per cent bonds on the Hastings & Dakota
Division. The company in its official application sa.vs
" Tills company has purchased the railroad of the Hastings & Dakota
Railway Comiiaiiy, to^-etlier with the franchise and privile::e of extendThe coinpleted road piirchas-d is 128 miles in lengtli. extending
iiift.
from tilencne, in theState of MiiineHota, westerl.v to the State line at tile
foot of liiir Stone Lake, and the l^'sue of $2,500,000 of 7 per cent bonds
of this eompauy is authorized, together with a further i.^siie at the rate
of $15,000 a mile for Iheconstrnctii'iiand I'qnlpment of extensions fnmi
time to time. Application is lu-reby luiule for placing ui>nn tliC: strtek
list of the New York Stock E-Xehango 2.500 bonds of the Chica^'o Milwaukee it St. Paul Railway Companj-rof .$l,oOO each, numbered from 1
to 2,500 incln>ivc, bearing date January 1, 1880. and pa.vable January
1, 1910, carr.^ing semi-annual coupons at the rate of 7 per cent per
annum, payable July 1 and January 1. Sail bcmds to be known as ' Chicago .Milwaukee it f*t. Paul Railway Companj- 7 per cent Hrst mortgage
bonds. Hastings it Dakotii Division. 1910.' Application will be made
hereafter on further issue of said bonds as provided from time to time
as the n>ad shall lie constructed."
—
Chicago & Paducah. At Springfield, 111., May 8, in the
United States Circuit Court, in the matter of the Farmers' Loan
& Tiust Company vs. the Chicago & Paducah Railroad Company et ai.. the sale of the road, which was made on the 0th day
of April, 1880, to John J. McCook, James Farrish and Charles
Ridgeley, for $1,750,000, was confirmed, forty thousand dollars
of the amount being paid down in cash.
Cleveland Columbus Cincinnati & Indianapolis.— This
company having been requested by some bondholders to cancel
the sinking fund clause contained in the consolidated mortgage,
and to permit the said bonds to run until their maturity in the
year 1914, notice is given that any of the holders of the consolidated l)onds may present their bonds at the United States Trust
Companj', in the city of New York, where an indorsement wHlbe
placed upon them cancelling the sinking fund clause, and all
bonds so indorsed will hereafter be excluded from redemption
prior to their actual maturity in the year 1914, but for any
bonds outstanding not so presented and indorsed this company
will continue to deposit the sinking fund pro rata with the trustees, and such bonds will remain subject to redemption by the
sinking fund as in the original deed of trust jirovided.
Columbus Chicago & Indiana Central.— A report for February, filed in the United Stites Court, shows that the earnings
net earnings,
were $356,798 ; operating expenses, $280,120
The net earnings for Jaauary were $133,149.
$76,672.
Delaware & Hudson Canal. The following is the official
comparative statement of business of the railroads owned and
leased by the Delaware & Hudson Canal Company during the
month of March, 1880:
;
—
1879.
Earnings.
1879.
Expen.scs.
Net.
Rensselaer
& Saratoga
New York & Canada
$103,095
94.436
96,741
32,179
$53,711
45.208
60,473
22,525
$49,354
49,228
35,998
9,653
Total
Previous.
$326,453
563,223
$182,218
381.635
$144,234
181,587
$563,854
$325,822
Net
Railroads.
Pennsylvania Division
Albany
&
Susiiueh.anna
,
Total to date.
$889,676
1880.
Earnings.
Railroads.
Pennsylvania Division
Albany
. -
Susauelianna.
Rensselaer & Saratoga
&.
..
. .
New
Y'ork
& Canada
Tot.al
Previous
Totaltodate
$90,547
117,030
156.539
05,471
1880.
Expenses.
$53,405
64,616
73,479
31,721
Net.
increase.
$43.141(Dec.)$0,212
3.185
32.413
47,082
83,080
33.749
24,083
$435,609
726,073
$223,223
4al,714
$212 385
291.3.59
$08,150
112,771
$1,101,082
$654,937
$500,744
$180,922
Flint & Pere Marquette.-The following
statement of the earnings of this company
January
February
March
April
is
a comparative
1879.
ISSO!
$77,411
77.520
98,427
102,129
$109,992
118,024
147,013
130,740
$355,488
150,281
$505,709
;
;
Chicago Milwaukee
& St. Paiil.-The Stock Exchange
has admitted to the Board list the first mortgale com6 1 er
known as the Chicago Milwaukee & It Paul
Railway Company firet mortgage bonds. Southern
Minnesota
'"""^"^ *'°'° the company's Sfflcial
'°^ '' ""^
vappUcattonT
Tnitl;ee
cent bonds, to be
Total
Increase
—
Green Bay & Minnesota. This road was to have been sold
April 28, but it is reported that the sale has been indefinitely
postponed, at the request of the bondholders.
International & (Jroat Northern— New York & Texas
Land Company.— Certificates of .stock and land scrip of the
New Y'ork & Texas Land Company (limited) are now ready for
delivery to persons holding the Purchasing Committee's receipts
for convertible and second mortgage bonds of the International
or the Houston & Great Nortliern Railroad companies. The
I
I
May
15,
THE CHRONICLE.
1880. J
eichanf?e will be made at the office of J. S.
63 William Street
Kennedy &
Co.,
619
No.
IS.ao.
isri).
.January
9.M,10»
67,7«l
70,436
Inc.
41,491
4U,321
lac.
luc.
$11,012
10,200
21,212
$120,008
$179,30a
Inc.
$10,421
$3)^2.^3
Febnmry
Kansas City Lawrence & Southern.—The Kansa-s Citv March
Lawrence & Southern Railroad Company has issaed the folTotal
lowing circular:
The
?3,000,000 of bondH to be iwoed by thU company are to
be offered to the »tockholder» of record on April 30th, when the
trannfer bookx closed.
A
Wfsteni Kiiilroa*! fanipaiiy to
It l8 proiios(^)l l>y the Soiitliorn KauBus
exteiul itH roud rroiii Wclliii^'tdii to the ct'iitrc* of Hurpci- <'(.iiiity, adlNof
forty
miles,
an
eHtiiiiatcii
i'o»t
(MX). Thin extension is
at
tiuice of
already inehidi'd In a lease of that eorjioration to tlic Kausns City Law-
WOO.
rence & Sonthern Railroad Coinpany, under date of IJeeenilior 1, 187i»,
and to provide tlie means for eumpletin< the extension the Sonthern
Metropolitan Elevated.—The Metropolitan Elevated Rail(Company now offers Its sciMuitles to thi^ way Company have voted to i.ssue a «econd mortgage of ^,000,Stockholders of the Kansas (>'ity Lawreneu iSc Houthorn and Honthern 000 for the purpose of furni.'thinK funds to complete the
Kansas & W»!stcrn Railroad companies upon the same terms as the ori;;- structure, to purchase additional ienninal facilitiex, and
t<»
18711, vl/.:
Inal snhscrlptlon was niudu under the circular dated March
There i»
First— That the Kansas City Lawrence .k Sonthern Railroad Company provide for up-towa connections and extensions.
lease the new road, ami pay as a rent.il for the use of said road :iH per already a first mortgage on the road of $vS„'500,000, and a week
cent of the ^ross earidn^s of s.iid Southern Kansas A Western road. or two since $2,500,000 of debenture bonds were put out, or preSecond— A sinkin>r fnn<l to bo set ai^art by the Kansas City Lawi-cnee &
Southcrn Railroad Company of LTpor CMn on eaniluKs •derived from P*"""^' ^"V^'* ^''^?f,^'^°<J." "O* ^yo''«d. and the officers hare
business KoinK to or coming from the Southern Kansas & Western road, therefore aeterminea to retire the debenture bonds and iSRoe &
ThlssinkinK fund to lie used, if necessary, for payment of Interest on second mortgage. The amount of the issue was Jlxed at
bonds of the Sonthern Kansas ifc Western Railroad Company. If not $4,000,000, because the law requires that before
a junior mort-used for payment of interest. It is to bo a|)i>lied in retirlnjt said bonds at
or under 110 Hat, which bonds so nnrcnased are to be converted into gage is placed upon a road the maximum amount shall be
It is intended to market the bonds only as the need
stock of the Sonthern Kansas & Western Railroad Couipauy for the specified.
benefit of the Kansas City Lawreme & rtoutUeru Railroad Company, all for additional funds arises, and the offlc-ers say that ttey
Kansas
* Western
Ilallroad
.").
i
confonnity with the terms of said lease.
whicii basis it is now proiwsed to oflfer
$27-',5()0 stock at par
$54.'5,O0O thlrtv-voar first mortgage bonds, dated January
18S0,at 10 per cent
may
in
Upon
$272,500
1,
218,000
$1.00,.') 00
Total
Each holder of seventy sliarcsof stock of cither Kansas City Lawrence
& Southern or Southern Kansas & Western Railroad Company, or of
both, to have the rlirht to subscribe for
.•f.jUOin .stock a( par
$500
1,000 first uiortsaiie thirty-year 7 per cout bouds, dated Jaiiuary
400
1, ISSO, at 40 per cent
$1,500. costing
$!)00
The Sumner Connty Railroad Company, organized under the laws of
Kansas, proposes to build a road from some point iieJir the present
Western terminus of the Southern Kansas & Wisteni road Foutherly to
the north line of the Iniliau Territory, a (llstau<e(if nbont 21 miles, at an
estimated cost of .'}i;i70,000. which it proposes to raise l)y the sale of Its
stocks and bonds on tlie following basis
$210,000 stock at par
$210,000
$300,000 tiiutv-ycar first mortgage seven per cent bonds at
per
cent
twenty
60,000
$270,000
Total
It also prov'oses to lease the same to the Kansas City I^awrence A
Southern Railroad Company for thirty years, the.i' paynig as rental
therefor the interest upon the Ixuiils, and further to provide a sinking funil
to be set aside in equal annual instalments snitieient to retire tlie liouds
at maturity. The above securities are now oflerod to the stockhi>lders of
the Kaiisas City Lawreiieo d: Southern and Southern Kansas 6c We.-.terr
Kailroad Companies, and eaili holder o( 125 shares of stock of either
or both of said I'ompauies will lie entitled to subscribe for
$700 in stock at par
$700
1,000 thirty-year first mortgage 7 per cent bouds at 20 per cent.. 200
$900
$1,700 costing
Tlie subscriptions to the stocks and Ixnuls are now ottered to holders
of Kansas City Lawrence
Soutliern ami Southern Kansas & Western
railivad comiianies' stock of record of May 1-1, 1880. until May 24, ISrO,
luil any part not taken on or before May 24, 1880. will be ilisposed of
by the directors of the Kansas City Lawrence & Southern Railroail Company.
Holders of Kansas City Lawrence & Southern and Sonthern
Katisas St. Western railroad companies' stock nnij- subscribe lor what
amount they choose, ami will be treated cquit.ably In the allotment; thev
may also dispose of their rights for the purpose of consolidating with
others. The subscriptions will be payable as called for by the treasurer,
but not more than tweaty-ttve per cent will bo called for in any one
month. Interest will be allowed on payments at the rate of six per cent
&
per auuimi,
not require to sell the entire $4,000,000. Under the terras of
the lea.se to the Manhattan Company the proposed issue will
not be valid until ratified by the stockholders of the New York
and Manhattan Companies, and meetings for that purpose have
been
called.
—
New Jersey Midland. The receivers have their basint^se
well closed up, and on an order from the Chancellor will transfer
the road to the
new company — probably by June
1.
City & Northern.—The
stockholders of this
company met in the company's offices, in the Dreiel Ruilding,
and vot«d to ratify the lease of the West Side & Yonkers
Railroad. They also authorized the i^^sue of $4,000,000 six per
cent consolidated mortgage bonds for the retirement of the
outstanding obligations of the West Side & Yonkers Railroad
New York
Company.
N. Y. Ont. & Western.— On the 14th of May the time aspired
within which stockholders had the right to attempt a redemption of the road. The World says of Mr. Tilden, who is
heavily interested in this road: '"Take down your map,' he is
reported as saying yesterdav, ^ and look for the shortest line
between Lake Ontario and New York Cily, and then contemplate a thoroughly equipped road for 344 miles, without a dollar of debt and with six or eight millions in the treasury,
which has cost me and the holders less than fifteen millions of
The position of Superintendent of Constructioa
dollars.' "
will be taken by Mr. James W. McCuUoh, now receiver of the
New Jersey Midland. He will have charge of new work on
the road, the Weehawken ferr}', the tunnel from Weehawken
through Bergen Hill, the connections at Middletown, the proposed branch to Newbnrg. the Western extension, and the rebuilding of portions of the present main line.
Stock Exchange.— At the annual election. May
President, Donald Macthe following officers were chosen
Vice-Chairman, Alexander
James Mitchell
Kay Chairman,
"•
'
'
^
"
"
"
B. O
O. White:
Heniiques ; Treasurer, D. C. Hays Secretary, "
Committee
Trustee of Gratuity Fund, Henry Meigs Governing C
Lummis,
Wm.
w.
B. DickIves,
(to serve four year's), Brayton
Smith,
K.
Itandall,
Win.
Alex.
C.
H. H.
erman, A. M. Cahoone,
HoULster, Win. McClure, George H. B. Hill and A. F. R. Martin ;
to serve three years, E. A. Drake, Laurens Joseph and S. V.
White to serve two years, Nelson Robinson and George H.
Palmer ; to serve one year, R. L. Anderton, Jr.
New York
10,
:
;
;
•
;
;
—The annual report of the Kansas City Lawrence & Southern
Railroad Company for 1879 has been issued.
Thogrossearnings to January 1, 1S80, were
Operating expenses
$495,238
3G5,G58
Net earnings
Net receipts from laud department
$129,579
33,212
;
$162,7fl
Total net revenue
bonded debt from April
1880 mine months) was
Tlie interest on
1,
1879, to January
88,200
$74,591
Surplns revenue
Pittsburg Titnsville & Bnffalo.— The gross receipt* of this
for the quarter ending March 31, 1880, were $111,893.
the gross expenses $«3,677, and the net profits $48,215. UTie
net profits for same period in 1879 were $32,809 ; inerea.se ia
company
1,
1880, $15,405.
The
surplus revenue from April 1, 1879, together with other
been applied to the purchase of additional
cash
equipment.
assets, lias
Kansas City
St.
Joseph
&
circular was issued in Boston
Council Bluffs.
May
8
—The following
:
Referring to circular of April 17. 1880. holders of Kansas City St.
& Council BlutTs Railroad Company's stock, Kansas City St.
& Council Blulls Railroad Comjiany's registered income bouds,
Nodaway Valley Railroail Company's stock, Tarkio Valley RailroacI
Company's stock, arc hereby notified tiiat the Chicago Burlington it
Quiuey Rjiiiroad Company, the purchaser referreil to In said circular,
has exenrised the option given to it, and will p.ay for the aln)ve-named
?toeks at .$72 50-100 per share, and for the above-named registered
ncomc bouds at 90 per cent flat, in stock of the Chicago Burllnston \
Quincy Railroad Company at $125 per share, ana will give receipts
tnerelor uiion surrender of the seiurities at the Chicago Burlington iS
Qiitney Railroad Company's olHce, No. 49 Sears Bnllding, Boston, at any
time between May 12 and .ingnst 1, 1880, at noon, which receipts will
be exchangeable for the Chicago Burlington & Quincy Railroad Company's stocK. on and after June 15. 13S0, until Augiust 1, 1880, at noon.
To secure the June 15, 18-0. dividend upon the Chicago Burlington &
Quincy Railroad Company's stock, it is necessary to surrender the
above-named securities on or before May 29, 1880.
Charles SIerriam.
Joseph
Joseph
—
Lonisville & Nashville. This company assumed control of
the New Orleans & Jtol>ile Road May 8 and the Mobile route is
now added to the Southern roads operated by the Louisville
&
Nashville.
Lonisvllle New Albany & Chicago.— The following comparative statement is published
—
Dover. A special meeting of the stockholdPortsmouth, N. H.. May 12. It was voted to
reduce the capital stock to $709,000, in shares of $100 each,
pursuant to the finding of the referee, and to sell 112 additional
shares of stock to pay the award to the Eastern Railroad.
Portsmouth
ers
was held
&
in
St, Louis & San Francisco.—The new line of this road will
be opened to Wichita, Kansas, on or before June 1, the distance
from St. Lonis being 508 miles. The road has been opened to
Augusta, Butler County. Kansas, 487 miles from St. Louis.
St, Paul Minneapolis & Manitoba.— At St. Paul, May 13,
the stockholders elected the following Board of Directors:
George Stephen, of Slontreal Donald A. Smith, of Montreal ;
0. H. Northcott, of England, and R. B. Angus, N. W. Kittsoa
and J. J. Hill, of St. Paul. The old offlcera were re-elected.
The earnings of the road for the five months since its reorganization were $2,3(55.287, and the operating expenses $1,073,973.
About 150 miles of new road have been bui't.
"The
dispatch from Minneapolis, Minn , May 13, says
Northwestern Narrow Gauge Railroad has concluded arrangeinent.s with the St. Paul MinneapoliH & Manitoba Railroad Dy
which the latter is to build 100 miles of broad gau^e between
The largest
its two main lines from Minneapolis to St. Cloud.
depot in the State will be constructed at Minneapolis, and two
double-track bridges across the Mississippi, work upon all of
;
—A
which
:
is
to be
commenced immediately^.
THE CHRONICLE.
520
Wabash St. Lonis & Pacific—The Detroit Ti-ibune said last
(xreat
week, of the report that the Wabash had leased the
Western of Canada " It is pretty well understood that Mr.
to brm^
Joy's mission to Europe had some relation to an effort
Wabash
the Great Western Railway into a combination with the
on the west and the Rome & Watertown and Delaware & Lackawanna on the east. Unless some unforeseen event occurs, there
Ihe
is very little doubt that such a combination will be made.
Great Western will build from St. Catherine's to Lewiston.where
a bridge is already projected. Tlie distance from New York to
Lewiston by this route is 471 miles, as against 449 from New
York to Suspension Bridge by the New York Central. But this
22 miles is more than made up by the shorter distance between
Chicago or St. Louis and the east via the Great Western and
That distance
the projected connections through this city.
can be more than saved between Detroit and Chicago via the
Butler Road and the Bait. & Ohio, as against the Mich. Cent."
Other reports stated that Mr. Joy, though not effecting a
lease of the Great Western, had made arrangements for a close
alliance in working arrangements. Also that the connecting
line to New York was to be the New York Ontario & Western.
The St. Louis Olo'ie- Democrat gives the following account of
the special stockholders' meeting neld last week in St. Louis
" There were present Solon Humphreys and Charles Dana, New
York, and J. S. Walsh, Thomas E. Tutt, B. W. Lewis, J. F. How,
F. W. Meister and Edward Walsh, of St. Louis. There were
300,004 shares, out of a total of 400,000 shares, represented,
Edward Walsh carrying the bulk of the proxies.
" The first business called up was an agreement with the holders of bonds and stock of the Toledo Peoria & Western Railway
Co. for the issue of 29,000 shares of the preferred stock and 20,000
shares of the common stock of the Wabash St. Louis & Picific
Railway Company in exchange for the first and second preferred
income bonds and common stock of the Toledo Peoria & Westem Railway Company.
" This was ratified, and the agreement for the consolidation of
the capital stock, property and franchises of the Chicago &
Strawn Railway Company with the capital stock, property and
franchises of the Wabash St. Louis & Pacific Railway Company,
and also for the purchase of the Chicago & Paducah Railroad
from the holders of the present outstanding bonds, secured by
mortgage upon the said railroad, whenever the holders of said
bonds shall have bought in the said property at the foreclosure
sale now advertised, was taken up.
" It was proposed to issue bonds of the company to be issued
and delivered in payment for the Chicago & Strawn and Chicago
& Paducah railroads, as required by said agreement, to an
[VoT,.
XXX.
3^\it (£jii\ximtxtml 'ijinxes.
:
COMiMERClAL EPITOME.
Friday Nioht, May 14, 1880.
General trade has become dull, with a general weakening of
confidence in values of imported merchandise, but more
steadiness has been shown in staples of domestic produce, the
previous decline having greatly increased the demand for
export, causing a rapid reduction of stocks. The depression in
railway securities has exerted some influence, from sympathy,
—
:
amount not exceeding four and one-half
millions of dollars, said
bonds to bear five per cent interest, payable semi-annually, and
to be secured by a first mortgage covering both the railroads
above mentioned. This was also agreed to without any dissenting vote.
" The great blanket mortgage, as prepared by the Board of
Directors, was next discussed, and upon a vote the action of the
directors was sustained." * * *
" The proposition to purchase steam barges for use on Lake
Erie at a cost not exceeding |500,000, and the investment by the
company of a sum not exceeding $200,000 in providing for moving grain upon the Mississippi River, by subscribing to the capital stock of a corporation organized for that purpose, was declared a good idea, and the stockholders voted for it unani-
mously. The meeting then adjourned till July
a meeting in pursuance of the following call
14, 1880, to
hold
"Wabash St. Ixiiiis & Pacific Bailway Company.— Notice of StockMtctiuK.— A Rpecial adjomiicd meeting of stockholclers of tlie
Wabafili St. Louis <fe Paciflc Railway Company will lie lield at tlio otHcc
of the compauy in St. Louis. Mo.. July 14, 1880, for the purpose of actinj;
upon the following agreements made by the Board of Directors of said
holclers'
company.
"An agreement providing for the transfer of the Champaign Havana &
Western Railroad to the Wabjish St. Louis & Pacific RaUway Company
either by lease from the Champaigu Havana & Western Railway Company or by consolidation of the capital stoek, property and frauchisi's of
said last-named couipany with those of the
Waba«h
St.
Louis
&
Pacific
Railway Company, such transfer to be by lease or consolidation, as the
Btoekbolders of said companies may elect. The (lual action of the stockliolders of this companj- to be fallen at the meeting hereby called
" An agreement providing for the transfer of the Detroit Butler
& St
Louis Railroad to the Wabash St. Louis & Pacitio RaUway Company
either liy lease from the Detroit Butler & St. Louis Raihoad Coinpaiiy
or by consolidation of the caj>ital stock, property and franchises of said
last-named company with those of the Wabash St. Louis & Paciflc Railway such transfer to be by lease or consolidation, as the stockholders
of said companies may elect. The final action of the stockholders
of this
company to be taken at the meoiiug hereby called.
agreement providing for the transfer of the Missouri Iowa &
»T ",,•*"
Nebraska Railroad to the Wabash St. Louis & Pacific Railway Comnanv
cither by lease from the Missouri Iowa & Nebraska Railroad
Conmanv
or by consolidation of the capital stoek, property and franchises
ot salt'
last-named company with those of the Wabash St. Louis &. Pacific Railway Company such transfer to he by lease or consolidation, as the
;
;
stockliolders of said companies may elect. The final action of
the stockholrtcrs of this compauy to be taken at the meeting hereby
called
Also an agreenieut providing for an interchange of traffic between
the
Indianapolis Decatur & Springtfeld Railway Company and
the Wabash
bt. LOUIS ik Pacific Railway Company.
"iS^^"""'"' t') contract with the Pittsburg Cincinnati &
St. Ix)uis
ul'i,'^"
Railway
Coiiipauy for the use by the Wabash St. Louis
Railway
Company of so much of the railway of s.'jid compauy&asPaciflc
exteuds from
Logausport. Iiid., to the State line between Indiana and Illinois.
Solou Humphreys, President.
" A. L. Hopkins, Vice-President.
" Directors— Fred. L. Ames. James F. Joy,
Jay Gould. James ChenoT
Eussel Siige J. 8 Walsh, Sidney Dillon, t6o8.
TuFtrJ. Crber Well'
II. H. Cook, Charles Ridgely, Geo.
L. Dunlap, B. W. Lewis, Jr."
and an unsettled feeling is therefore to be
branches of business, notwithstanding the growing
ease in the money market. The weather has been generally
favorable for the crops, but is to-day quite cold for the season.
The general course of the provision market has been upward
during the past week ; a somewhat better export demand has
been noticed, and in some instances a revival of the late speculative interests. To-day pork was firmer, and sold on the spot at
$11 20@$11 30 for new mess. August new mess sold at $11 25@
$11 30 ; July quoted at $11 15@'611 30 bid and asked. Bacon
was advanced to 7c. for long and short clear together. Lard
was firm on the spot and slightly higher for the options. Seller
on the spot of prime Western at 7"27/^@7'30c., and a small lot
in mercantile circles,
noted in
all
May options sold at 7'27^c., June 727/^®
7-32^c., July7-30@7-35c., August 7-40@7-42j^c. and September 742^@7'47?^c.; refined for the Continent quoted 7"65c.
early at 7"25c.;
Cut meats, beef and beef hams have ruled quiet. Butter and
cheese have been dull, irregular and weak. The following is a
comparative summary of aggregate exports from Nov. 1 to
May 8:
1879-80.
Pork
Bacon
Lard
Total
1878-79.
Increase.
lbs.2 14,250,470
43,332,200
492,543,512
202,317,701
11,932,775
Ib8.702,324,439
738,193,313
11,932,775
lbs. 38,832,200
lbs. 419,211763
Decrease.
4,500,000
43,301,649
47,801,649
Naval stores have presented a very quiet and easy state of
strained to good strained rosins
affairs during the past week
quoted at $i 35@H 40 spirits turpentine, 28^@29c. Petroleum has ruled dull and more or less nominal at 7%c. for
United certificates have latterly declined, and
refined in bbls.
closed dull to-day, though 76^c. was bid. Metals appear to
have reached the climax of weakness and depression American pig is quoted at $28 for No. 1 and $27 for No. 2 forge,
$25@$26. There have been forced sales of outside brands below these figures several furnaces have been blown out, and
Scotch pig iron closes
notices ©f a reduction in wages given.
about steady importers refuse to entertain any bids that will
not cover cost, freight and charges, and a check is thus given to
the late depression Gartscherrie and Glengamock are quoted
at $23 i Eglinton at $21@$21 50 Coltness at $24. A large and
important business has been done in rails for autumn and winter
deliveries at $68@$70 for steel, $48@$u2 for iron and $23@$24
for old iron. Ingot copper has declined to 19^c. for Lake.
Rio coffee has been dull and nominal all the week, and closes
at 14^c. for fair cargoes; mild grades have continued to sell
moderately at essentially unchanged prices.
Rice has been in
Refining molasses has been quite acfair demand and steady.
tive, fully 4,000 hhds. selling at 37@38c., without regard to test,
and35@3t;c. for 50 degrees test; but grocery grades have met
with only a fair demand at the late quotations. Tea has sold
lower at auction for most descriptions, though yesterday green
brought steady prices. Spices have been quiet. Raw sugar, on one
or two days, was active, but has latterly been quiet; prices have
fallen to"7/^c. for fair refining and 8J§@8%c. for 96 degrees
Refined has advanced, and at one time sold
test centrifugal.
freely, but closes quiet; crushed and powdered 9%c. and
granulated 9%@9/^c. The following refers to raw:
;
—
;
—
;
;
;
;
;
;
May 1, 1880
May 1, 1880
Receipts since
Sales since
Hlids.
Boxes.
34,461
15,527
106,471
45,497
274
200
Bags. Melado,
175,814
1,327
51,426
521
837,898
3,810
744,723
2,230
May 12, 1880
6,372
May 14, 1879
26,255
There has been rather more doing in Kentucky tobacco,
though trade is still slow; sales 750 hhds., nearly all for ex-
Stock
Stock
Prices were not quite so firm for the low grades; lugs
were quoted at 3M@5Mc. and leaf at 6@12c., the latter being
quite firm. The movement in seed leaf has been rather small,
amounting to only 810 cases, as follows: 500 cases 1878 crop, Penn.»
port.
sylvania, 15@19c.; 100 cases 1879 crop, Pennsylvania, private
terms, and 200 cases 1878 crop, New England, 13@21c. There
has been a fair movement in Spanish tobacco, including 52 bales
Yara II. cut at 94c. and 600 bales Havana at 85c. @$1 15.
In ocean freight room a good business has latterly been done
in grain tonnage and at slightly improved rates. Petroleum vessels have also been more freely taken.
The engagements and
charters to-day included
Grain to Liverpool, by steamer,
4>^d. CO lbs. ; provisions, 27s. 6d.@35s. ; grain, by sail, 4%d.,
from store ; do. to London, by steam, 6@6Md-; do. to TyneDock, by steam, 7d. 60 lbs.; do. to Leith, by steam, 6^d. 60
Washington City Virginia Midland* Great Sontliern
lbs.; do. to Cork, for orders, 4s. 10>^d., all May loading and
At Alexandria, Va., May 13, this railroad was sold
at auction free of elevating charges ; do. to Elsinore, for orders, 4s. I^A.;
by tommissioner Barbour for |4,500,000. It was bought
by R. do. to the east coast of Ireland, 4s. 3d. ; refined petroleum
1. Baldwin J- Wilcox Brown and Robert Garrett,
trustees for to London, 2s. 6d. ; do. to Antwerp, 2s. 6d.; a steamer to two
the a.ssociated bondholders and creditor.
I
ports in the Mediteir»nean, 6s. 6d.
i
:
I
Mat
THE CHRONICLE.
15, 1360.]
621
TT O N.
The speculation in futures has been rather more active tho
past week. The market was weak on Saturday, and prices
Friday. P. M.. Mar 14, 1880
Thk Movbmknt of the Crop, a.s indicated by our telegrams quite broke down at the close of Monday's businesa but there
from the South to-night, is given below. For the week ending was some recovery on Tuesday, and Wednesday opened firmer,
this evening (May 14), the total receipts have reached 21,(130 on the better accounts from liiverpool, with stocks at American
bales, again.st 25,0«1 bales last week, 30,858 bales the previous
ports reduced 50,000 bales within tho week
but at the close of
week, and 30,714 bales three weeks since, making the totol
Wednesday depression was caused by the very favorable reports
receipts since the 1st of September, 1879, 4,689,104 bales, against
4,355,935 bales for the same period of 1878-9, showing an increase of the progress and prospects of the crop. Thursday, Liverpool
since September 1, 1879, of 333,229 bales. The details of the was again better, and our market sympathized to some extent.
receipts for this week (as per telegraph) and for the corresponding
To-day there was some further improvement, especially for the
weeks of four previous years are as follows:
early months. Cotton on the spot has been less active for ex1877.
1876.
1878.
1879.
1880.
Keceipts this w'k at
]>nrt, but home spinners have bought more freely.
Quotations
6,055 were reduced \c. on Monday.
7,188
4,833
3,500
On Tuesday tho various phases
9,496
Now Orleans...
647
1,420 of "ordinary" were quoted
1,555
1,187
1,974
Mobile
i@3-16c. lower and "stained" cot934
1,658
1,086
1,412
1,78S
Charleston
reduced 8-lC@ic. Wednesday, prices were steady,
53
397 tons were
192
11
Port Royal, &c.
1,123
2,093
1,276 with a good demand for consumption. Yesterday the market
2,634
Bavannah
1,136
602
1,026
2,450 was rather stronger, but less active and to-day it was again
3,208
OalvoBtOQ
1,728
2
15
93 strong at 11 11-lOc. for middling uplands, but not very active.
49
Indianola, &o...
OO
;
;
,
;
,
4,593
28
4,101
Tennessee, &o.
Florida
5,085
17
2,306
1
2,488
21
North Carolina.
30
197
223
022
Norfolk
City Point, Ac..
4,057
114
2,6.t9
351
2,004
521
614
2,076
88
2,637
133
24,636
19,897
20,097
16,288
19,995
Total this week
Total since Sept.
1.
433
w
the corresponding period of
May
last season.
EXPORTED TO
Week
Great
14
Britain.
France,
Continent.
Charl't'u
this
Same
Week
Week.
1879.
1,259
24,613
4,520
4,075
Galv't'n-
Other"
651
STOCK.
1879.
4,266
44,081
1,688
1,688
6,895
1,652
1,259
32,159
6,172
4,075
34,108 151,098 68,033
24,899
6,928
15,880
8,017
5,017 11,906
5,520
23,591
6,338
5,737 188,424 165,169
10,678 10,534
3,855 33,000 24,000
918
91O1,
013,8
0>9
10%
107,6
10l>8
101*,( 10ll,9
Wf
ll'ia
117,9
11»8
ll"l6 1115,, 111316
123,6 126,6 123,8
127,8 l'-'»18 127,6
1216,6 131,6 121*18
131>1« 131 1 1> 13»i«
Wed Th.
Middling...
..
G'd Mid
Midd'g Fair
9''l8
10»,«
101-1l8
i
Ordin'y.^B)
Frt.
Wed
Til.
Frt.
Wed
Til.
0%
9%
9%
9%
9%
9%
9%
91a
10
Strict Ord.
I
10
I
10%
10%
10
10%
10%
5,592
69,341
48,717 461,476 294,545
89,434
14,501
'The exports this week under the head of " other ports" Include, from Bo.ston, 2,375 bales to Liverpool and from Philadelphia, 1,800 bales to Liverpool.
;
F'rom the foregoing statement it will be seen that, compared
with the corresponding week of last season, there is an increase
in the exports this week of 40,717 bales, while the stocks to-night
are 100,931 bales more than they were at this time a year ago.
In addition to above exports, our telegrams to-night also givtas the following amounts of cotton on shipboard, not cleared, al
the ports named. We add also similar figures for New York,
•which are prepared for our special use by Messrs. Carey, Yale &
Lambert, 00 Beaver street
:
On Shipboard,
Mat
14,
at-
Great
France.'
Britain.
ITew Orleans.
18.503
3,300
2,512
None.
7.457
13,150
4,500
Mobile
Charleston...
Savannah
Salves ton
New
York....
Other ports...
19.482
Total
not cleared
Other
Foreign
5,170
None.
None.
None.
5,087
3,400
1,200
Nouo.
None.
None.
None.
4,430
None.
249
Coastwise.
300
121,997
18,199
12,093
11,006
7.733
*22,800
5,000
165,624
40,078
281
29,101
6,700
3,787
None.
75
300
17
None.
500
1,173
14.386
5,170
Total.
Leavlnfi
Stock.
15,80'^
386.065
" Ineluded in this auiDuiit thorn are 5,200 bales at presses for foreigu
ports, the destination of which we cannot learn.
our usual table showing the movement of
the ports from Sept. 1 to May 14, the latest mail dates:
The following
cotton at
all
is
BUCEIPTS SINCE
PORTS.
SEPT.
1879.
1.
1878.
Jir.Orlns 1429,198 1156,063
Mobile.
Char'n*
•Bav'h..
Galv.*
N.York
Florida
N. Car.
Norf'k*
Other..
EXPORTED SINCE
_
,
Britain.
TO—
Stock.
r»fi.
,
France. Foreign
Total.
776,738 242,401 230,993 1250.132 181,659
99,858 26.421
76,260 10,143 13,455
130,728 19,422|158,505 328,655 15.885
185,152 18,950 218,440] 422,542 11.897
203,08 4 22,826 48,663 274,573 25,281
335.412 21,400 52,795 409,607 225,873
345,098 3.57,007
468,304 510,323
715,900 094.517
458,434 543.797
188,298 143,942
20,088
56,193
102.153 133,627
23,863
686,648 546,029 214,591
250,407 191,275 i02,476
Thlsyr. 4064,528
SEPT. 1
10,447
5.840
23,323
35,487
221.910
225,799
12168,304 337.798|762.461 3268,563 540,969
ye ar
1338,038 18.81. 8.53 399,209 911.770 3192.S38 335,.'i91
* L'n^er the head of Chartenton is included Purt itoyal, tLC.\ under Lbe ne.iu ut
Galvt9ton is Incluled Indianula. Jtc: under tliu head uf Surrotk. is included City
<Pi>lnt. 40.
liast
10%
10%
j
I
137,K
l-^ir
12l:',6 1213i„ 12l5,8 1215,6 1315,8 12IS,„ I2I618
137,6 137,6 13»,8 il3»,6 130,6 13'',9 I3O18
lb.
Low Middling
.diddling
938
IOI4
lO's
ll'l8
9I4
10%
10%
11118
MARKET AND
9
9
SALES.
Con-
Spec- Tran-
port,
sump.
uf't'n
Mon. Easy at % dec
2,775
Tues. Steady, rev. (luo.
145
175
422
.
.
Wed. Firm
Fri.
5,825
Total
FUTURES.
Total.
sit.
2,950
422
1,702
4,202
1,740
::::
490
'ioo
5,236
100
DeUv-
Hales.
145
1.702
2,302
1,900
1,150
Firm
.
Frt.
9
915,6 918,, 915,9 OlBjg
109l« I0»,9 108,8 10»,8
113 14.
ll»ie
Ex-
Sat.. Dull
13lt,8
IB",,
9
SALES OP SPOT AND TRANSIT.
SPOT MARKET
CLOSED.
^
Mod Tnea Wed Th.
Sat.
^
Good Ordinary
Strict Good Ordinary
erlea.
400
500
900
600
62,300
182,100
141.000
113.000
79,200
122,400
1,200
500
11.101 700.600
4,100
The daily dollvorie.H given above are actually delivered the day previous to tliat ou which ther are reported.
For forward delivery the sales have r^ched during the week
700,600 bales (all middling or on the basis of middling), and the
following is a statement of the sales and prices
:
Cts.
11-47
11-48
11-49
Bales.
1,800...
5,100
2.400
7.400
4,000
Bales.
Ct<<.
100«.n.l3ihli .S;i
200
100
n-m
11-41
8.
looa.n.llUill'41
lOU
1142
200
tl-44
11-45
100
....U-51
4,1100
11-W
15,-.i00
11-52
3,700
17,200
11-61'
19,1500
11-01
11-82
11-63
11-64
15.500
16.600
26,S00
10.700
9,100
6.100
8,600
....
11-.53
.1,900
7 50O.
..
11-55
11-58
11-57
11-58
100
400
1,000
1,S0«
U-5«
700
100
200
100
....11-80
18.000
8,300
4,000
4,100
2.000
4.700
800
11-4<1
301)
U-47
9,700
9,708
1,100
H-4'1
11-60
11-51
11-82
11-6S
11-54
600.
11-55
500
100e.n.l5'.hlI-OI
.ll-«4
100..
4011...
..11-H5
1,300...
..U-6H
200.
100.
.
,
.11-61
8,.t00
....u-w
3,(X)0
11-67
700
200
1,700.
1,100
11-87
11-89
.
1,200
2,S0O
..
5,000....
11,500
10,400
2,800
...
UBS
11-H9
.
..11-70
11-71
11-72
11-73
130,300
4,200
15.300
16,300
8,300
500
7,800
4.200
4,^00
600
For Jane.
700
11-35
1,700
2.400
1.900„
1.800
2,800
11-31)
1.800
1,400
700
900
11-37
11-33
11-40
•i,naa
11-41
11-42
4,100
3.300
3.S00
11-43
11 44
11-43
2,300.
ll-4(J
800..
7,200
S.700.
4,000..
H.300.
I
11-41
11-42
11-43
11-44
11-46
U-47
1-48
..ll-4fc
ll'fiO
3.100
11-31
6,700.
ll-DS
ll-tS
6,300
Rales.
1,700
5,300
II-M
....
Ct
11-51
11-53
11-56
11-57
.
8.•^c•0
Bales.
2,701
3,600
MOO
11-65
11-60
11-67
11-68
11-6''
..ii-;o
11-78
11-74
11-75
1178
600
1,900
U-74
.1178
8.100...
6,500
200
1,700..
1,900.
2.000
1.400
4,700
4,900
4,200
8,'«0
11-81
1,800
too
For Aagnst.
4.400
4,500
1,400
3,100
7,400
4.100
8,000
2,700
e,800.
11-49
11-50
n-51
11-56
11-66
11-57
11-68
11-59,
11-80 1
ires
11-87
11-88
ii-eo
11-70
11-71
ll-7«
11-78
»,3
15,200..
U-SO
204,300
Cts.
11-61
11-89
11-63
ii-a«
11-88
10.200
6,200
10.800
13,000
11-77
11-78
11-78
For Jnly.
2,0S1
15,869
33,000
Fri.
3ood Mid.. 121 18 121,8 I'-'hs 123,8 123,8 123,6 123,0 123i6 123,«''
125,6 126,8 127,8 127,6 127,6 127,6 127,8 127,8
G'd Mid 12
7,S0O
....
1,177
1,479
13»,g
Low Midd'g 115,8 11°16 11=>16 117l9 117,8 117,8 117,9 117,8 117,9
Btr.L'wMld 111-3 11% 11% 1158 1168 1158 11»8 1168 llSg
Middling... IIII16 Il"l8 in'is] 1113,9 1113,0 1113,8 1113,6 1113,0
Tor May.
75,411
12li„
!
I
Thurs Steady
— for
Ill3,g
123,8
Good Ord.. I012 10% 10% 10«8 1068 1068 1069 1058 106g
G'd Ord 1013i, 1013,8' 1113,8 1016,9 1015,6 1015,8- IOI619 1015,6 1016,8
STAINED.
Tot.slnoe
flept. 1
2237,645 343,390 776,962 3357,097 3241,555
1015,8
117,,
Sir.
Midd'g Falrll2i3ie
week..
10%
1016,8 113,6
11718 ll»I8
llOg
11%
3tr.
Tot. this
mon. Tnea
Sat.
ll'l«
ll'lB
llSg
111318
123i8
127,8
12l4i8
13»16
G'd Ord
fjow Mldd'SE
Str.
1880.
TEXAS.
Sat.
916,8
107,8
10
lO-'^i,
10l5i8
1013,9 lOiIis 10>a
ll'io 101518 I0i:iia 113,8
11^16 U'lB II618 ll»16
UI3 11%
ll^a
1I=S
lll-'lU, 111118 IIU18 11113,8
12^18^ 121 18 121 18 125i8
12-18 125,8 126,8 l'-i»18
121516 1213i8 1213,6 131,6
139
137,8 13-'i8 I3II16
Good Ord..
Good Mid
911
103j
913,,
Fair
Savan'h
N. York
Norfolk-
Sat.
Ordln'y.|llb
Strict Ord..
9tr.
NEW ORLEANS.
mon Tue*
UPLANDS.
mon Toes
May 8 to
May 14.
Btr.L'wMld
Total
4,941
34,874
N. Orl'ns
Mobile
past week:
4,689,104 4,355,935 4,158,152 3,873,227 3,987,774
The exports for the week ending this evening reach a total of
89,434 bales, of which 6i>,3il were to Great Britain, 5,5'Ji to
France, and 14,501 to rest of the Continent, while the stocks as
made UD this evening are no 40 1 ,470 bales. Below are the
exports for the week and stocks to-night, and a comparison with
ending
The total sales for forward delivery for the week are 700,600
free on board.
For immediate delivery the
bales, inclnding
total sales foot up this week 11,101 bales, includinir 5.825 for
export, 5,230 for consumption, 100 for speculation, and
in
bales were to arrive. The following
transit. Of (he above,
tables show the offlcial quotations and sales for each day of the
11-78
.
.11-77
...11-78
.
11-79
....11-80
U-81
ll-M
11-83
11-85
11-88
11-8T
11-88
n-8»
ai-00
25U,«00
For September.
ifO
100
600
2,200
300
1,100
•00
11-15
11-18
11-17
11-18
11-19
ii-a
11-S
THE (CHRONICLE.
F,
Balis.
Ots.
a»M.
1122
1123
rts.
10--4
10-75
10-76
10:77
10-78
Balen.
200
Bilen.
600
11-21
n-25
1128
4.700..
3,800....
l'.-2'?
2.200.
2,100
S,«00
U2-1
U-29
10-T9
10-SO
900
10-81
83«)
11-30
500
100
l.HOO
2,200
10-88
10-SS
11-32
BOO
10-M
Il-M
1,600
1,100
10-S5
8,800
Sow
l.H»
SJOO
S/WO
..
.
U-SI
800.
800.
S,000.
1,800.
11-85
nsa
1,300
S,MO.
11-S7
100
1,700
11-.S4
»»
XO-87
10-88
108H
1)00
000.
000
n-s8
11-S9
11-40
11-45
800
10-»0
10-l«
200..
10-M
HJW
11-411
1,700
400
11-47
KC
41,700
500
20O
30n
200
500
•80.
S,700.
11-01
11-OJ
1104
1105
10 73
33,000
The
folio-wing exclianges Lave
1,000 June for Aug.
•09 pd. to exoli. 100 July for Aug.
•08 pd. to exch. 200 July for Auk.
05 pd. to exch. 100 May for June.
pd. to exch. 800
exch. 700
•02 pd. to
May
May
200
200
Llveriiool stock
Continental stocks
India afloat for Europe
Egypt, BrazU, &0., afloat
13.-^00
Totiil
10-60
10-70
10-72
10-77
10-87
200
200
lOO
200
10-51
10-52
10-58
1064
10-50
July.
for June.
fi>r
Monday.
Tuesday.
Market.
Lower.
Depressed.
Finuer.
421,000
42,500
74,000
370,000
38,000
652,270
451,250
492,2.50
945,500
East India. &0
1,034,755 1,413,374 1.891,709 1,950,395
Total visible supply
P.ice Mid. Upl., Liverpool
2,287,025 1,864.824 2,383,959 2,895,895
7^\.
OHi^jd.
oiSjal.
6d.
figures indicate an increase in the cotton in sight to-
compared with the corresponding
included the interior stocks at the 7 original interior towns
As we did not have the record of the new interior towns for the
four years, we could not make a comparison in any other way.
the past week.
Saturday.
222,000
9,500
58,750
180,000
22,000
date of 1878, anda(Z«crea«6of 603, 870 bales as compared with 1877.
In the preceding visible supply table we have heretofore only
will show the range of prices paid for futures,
the closing bid and asked at 3 o'clock, P. M., on each day in
Futures
116,000
45,250
41,000
233,000
14,000
night of 4'3J,2Jl bales as compared with the .same date of 1879,
The following
and
1877.
487,170'
51,225
5,000
210,000
40,700
40,570
327,000
34,000
a decrease of 90,934 bales as
exch. 100 July for Auk.
exch. 1,100 May for June.
exch. 100 July for Aug.
e.tch. 200 July for Aug.
exch. 500 May for June.
pd. to
pd. to
pd. to
pd. to
Dd. to
1878.
332.592
35,017
1,000
Total American
The above
1,000
been made during the week
•00
•02
•08
•03
•03
1879.
294,545
38,029
6,000
1,034,755 1,413,574 1,831,709 1,950,395
London stock
For January.
100
18 pd. to exch.
09
1,603
1,000
,SO'l
600
800
400
300
For October.
200
100
10«8
Total American
1880.
461,476
97,279
30.000
East Indian, Brazil, <tc.—
10-64
10-65
10-87
'O-dS
10-69
10-70
10-71
10-76
10-78
SO-"
1,100
For December.
600
200
2,700
10-81
10-62
10-63
800
500
lO-e.!
United Statesstook
United States interior stocks..
United States exports to-day..
.1060
400
600
1«,*J0
1103
Otii.
10-56
10-5?
10-08
10-59
1,200
100
10-60
10-70
10-78
10-7d
10-79
800.
10-»5
200
10-56
10-5^
10-57
10-58
10-50
10-60
10-61
10-62
10-03
10-64
1,200
3,700
1,100
1,400
1,100
1,600
10-Sfl
Bales.
70O
200
I,»r0
700
Cts.
1054
8,200
1,100
«5.
100
For November.
I
i,noo
400.
10tt.„
XXX.
rVoL.
That difficulty no longer exists, and we therefore make the following comparison, %vhich includes the stocivs at the 19 towns
given weekly in our table of interior stocks instead of only the
We shall continue this double statement for a
time but finally shall simply substitute the 13 towns for the 7
towns in the preceding ta'ole,
American—
1880.
1879.
1878.
1377
Liverpool stock
bales 486,000
430.000
661,000
748.000
old 7 towns.
For Day.
For Day.
Closing.
Btit. All
Binh. Low.
... 11-69 11-65 11-65 66
June... 11-72- ll-63lll-68 69
July... 11-81- 11-78J11-78
August. 11-90 11-85 11-85 86
Sept'br. 11-47- 11-45 11-44 45
October 11-05 11-00 11-00 01
Nov'ber 0-79- 10-70 1076
Dec'ber 10^78- 10-76 10 75 76
Jan'ry 10^8711-70
Tr. ord.
Closed
Quiet.
May
—
—
.
11-40
11-47
11^55
11-18
10-9.i- 10-74 10-73
10-6.5- 10-55 10-52
10-70- 10-55 10 52
11-61- 11-40
11-70. 11-47
11-76- 11-55
11-39- 11-17
10-72-
11-40
Steady.
Variable.
For Day.
May
June
Blah. Low.
11-55 11 51
11-57- 11-49
1106 11-55
11-71- 11-60
11-30- 11-23
10-83- 10-77
10-03- 10-59
10-02- 10-57
July...
August.
Sept...
October
Nor...
Dec'ber
Jan'ry 10-70-
Closing.
Closed
11-26
10-80
10-61
10-60
Continental stocks
American
66
28
10-70
11 60
Firm.
For Day.
afloat to
82
63
62
Total American
East Indian, Brazil, dc.
Liverpool stock
—
210,000
40.700
40.570
327,000
34,000
Londonstock
Total East India,
Total American
Closing.
&c
241,000
384.000
291.545
59,219
0,000
366,500
495,000
332,592
56,433
1,000
398.000
261.000
487,170
86,376
5,000
1,713,633 1,434,794 1,913,325 1,985,546
Continental stocks
India afloat ior Europe
Egypt, Brazil, ,fcc., afloat
116,000
45,250
41.000
235,000
14,000
222,000
421,000
9. ,300
4-2,500
58,7,30
74,000
370,000
38,000
180,000
22,000
6.32.270
451,230
943.500492,230
1,713,633 1,434,794 1,912,523 1,983,546
Total visible supply
Hluh. Low, Bid. A'k
11-67-11-64 11-67 68
11-73-11-66 11-72
11-80-11-73 11-79
11-83-11-73 11-82
11-40-11-35 11-38 39
10-90-10-88 10-91 93
10-70-10-08 10-71 73
10-71-10-07 10-71 73
10-7711-70
Firm.
2,363,903 1,886,014 2,404,775 2,931,046
These figures indicate a.rx increase in the cotton In sight to night
of 479,859 bales as compared with the same date of 1879. a
decrease of 33,872 bales as compared with the corresponding date
of 1878, and a decrease of 535,143 bales as compared with 1877.
—
—
—
Taesd,ay,
145,000
415,000
46 1 ,476
176.157
30,000
,
Europe
United States stock
United States interior stocks..
United States exports to-day.
Firmer.
Closing.
11-41;
ll-ii5
Stcaily.
—
Moud.ay,
Bid. All,
11-4951
11-52 53
11-59 00
Friday.
Bid. Auk High. Loio. Bid. Auk
11-47 48 11-55 11-51 11-57 59
ll-49.=i0 11-61- 11-33 11-61
11-55 56 11-67 11-59 11-67 68
11-60 61 11-72 11-64 11-71 7
11-23 24 11-35- 11-28 11-34 3
10 77 79 10-86- 10-82 10-86 88
10-58 60 10-65- 10-60 10-67 63
10-58 00 10-68- 10-59 10-07 08
SUort notices for May:
Friday, 11 61.
The
For Day.
Closing.
11-55
Firmer.
11-50
Steady.
Tr. ord.
41 11-53-1 1-35
48 11-01-11-41
56 11-08-11-19
19 11-31-11-15
75 10^80-10-73
55 10-64-10 54
55 10-64-10-51
- -10-60
Thursday.
IVednesday.
Market.
For Day.
nmii. L07J}. Bid. Ask Hiah. Low.
1 1 -55- 11-45 11^36 37 11-46-11-38
.
Futuren
Closing.
—
At the Interior Ports the movement that is the receipts
and shipments for the week, and stocks to-night, and for the
corresponding week of 1879
—is set out in detail
in the following
statement:
11-33S11-41;
Week ending Maj
14, '80.1
Week ending Jlay
Stock.
Receipts Sliipm'ts Btock.
10, '79.
Visible Supply op Cotton, as made up by cable and
Receipts Sliipm'ts
is as follows.
The Continental stocks are the figures
of last Saturday, but the totals for Great Britain ar.d the afloat
telegraph,
for the Continent are this week's
returns,
Aagusta, Ga
Columbus, Ga
and consequently
1879.
696.000
40,700
566.000
45,250
736,700
BtockatHavre
70,900
Btock at Marseilles
3,090
Stock at Barcelona
31,000
Stock at Hamburg
3.000
Stock at Bremen
35,900
Btock at Amsterdam
20,100
Btock at Rotterdam
.
2,360
Btock at Antwerp
820
Btook at other contl'ntal ports.
9,400
611,250
113,250
3,250
46,000
3,000
24,250
44,750
3,000
1,750
Stock at Liverpool
Btock at London
bales
.185,570
Total European stocks.. ..
India cotton afloat for Europe.
922,270
327,000
Amer'n cotton afloat for Eiir'pe 415,000
-Egypt,Brazil,&c.,aflt for E'r'pe
34,000
Btock in United States ports .. 461,476
Btock in U. 8. Interior porta..
97,279
United Stf tea exports to-day..
30,000
Total visible supply
Oniie above, tbe
Amcrwan—
1877
1, 169,000
42,500
7,7.50
282,000
892,500 1,211,500
230.750
215,500
6,500
4.750
42,500
66.000
7,500
15.500
47.750
65.500
49,000
65,000
12,500
11,750
7,503
8,000
21,250
20,000
425,250
for Europe....
337
Total, old ports.
2,645
8,982
97,279
Dallas, Texas. ...
Jefterson, Tex
Slireveport, La ..
100
70
293
133
237
70
1,211
1,440
4,632
Ga
Ga
Rome, Ga
12
C
Charlotte, N.
3t. Louis, Mo
Clncimiati, O....
Totiil,
new p'rt*
Total, all
'
798
407
1,161
360
220
511
611
3,784
3,342
837
2,768
553
89
24,235
2,510
2,546
9,739
33,029
30
60
601
46
180
44
292
1,304
296
314
980
554
244
294
182
'
6,781
9
58
106
280
345
251
1,617
5,731
4,417
5,541
2,182
1,015
9,351
3,378
1,140
47,096
7,408
8,460
12,705
73,878
7,121
12,223
21,220
21,687 176,157
9,667
21,904
59,249
Giittin,
Atlanta,
246
47
86
200
95
378
109
1,376
92
11,105
9
16
700
5
300
66
161
3,729
1,861
1,093
1,494
92
192
604
674
5,556
2,714
10,582
5,276
This year's figures estimated.
The above totals show that the old interior stocks have de893.250 1,317,750 1,683!500 creased ianag the week 6,.337 bales, and are to-night 09,250 bales
than at the same period last yeat. The receipts at the same
more
235.000
180.000
370,000
towns have been 99 bales mare than the same week last year.
384,000
495,000
201.000
Receipts from the Pl.vntations. The following table is
14,000
22,000
38.000
291,545
332,592
487.170 prepared for the purpose of indicating the actual movement each
week from the plantations. Receipts at the outports are some33.029
35,017
51.223
6,000
1,000
5,000 times misleading, as they are made up more largely one year
—
2,287,025 1,864,824 2,383,959 2.893 895
and other descrlptious are as follows
486,000
145,000
413,000
Columbus, Miss..
Eufaula, Ala
282
214
472.000
'
Continental stocks
American afloat
7,149
392
AlaMemphis, Teun..
Na-*hville,Teun..
Selra.a,
totals of American
Uverpool stock
171
18
151
82
1,103
Vieksburg, Miss..
Total Great Britain stock
Total continental ports
1878.
883,000
9,500
567
516
89
113
211
12,472
7,497
1,816
5,514
1,807
58,067
10,016
Macon, Ga
Mcmtgomery, Ala
ironght down to Thursday evening; hence, to make the totals
the complete figures for to-night (May U), we add the item of
exports from the United States, including in it the exports of
Friday only.
1880.
228
450,000
211,000
384,000
661,000
366,500
495,000
748,000
398,000
261,000
than another, at the expense of the interior stocks. We reach,
therefore, a safer conclusion through a comparative statement
like the following.
In reply to frequent inquiries Ave will add
that these figures, of course, do not include overland receipts or
Southern consumption; they are simply a statement of the
weekly movement from the plantations, of that part of the crop
which finally reaches the market through the outports.
I
t
f
May
THE CHRONICLE.
15, 1880. J
RECEIPTS FROM PLANTATIONB.
523
days, the rainfall reaching thirty-three hundredtha of ao Inch,
bat the weather during the balance of the week has been pleasAverage thermometer 70, highest 88 and lowest 60. Crop
ant.
18»i0.
1878.
1879.
1880,
1878.
1879.
1879.
laSO.
1878.
accounts are more favorable.
g4.»(U 110.011 102,1)03 210,933 170.438 316,072 78,809 98,230 02.8ri3
,Feb. 27
lidma, Alabama. There has been no rainfall at thU point, the
90,017 63.260 78,151 19-M05 165.610 303,270 78,477 78,447 64,758
Mar. 8
weather having been warm and dry all the week.
"
H2.1SM 7H.41K) Bl,!t<W lrt»,tl3B 150.418 289,996 89.438 72,880 51,0»5
1«
Madison, Florida. It has rained everyday the past week, and
10
7i5,T23 60.202 49,611 UtI.63.'J 141,«12 2H1,017 82.740 42,396 40.662
80,840 38.402
66.470 60.696 83.410 131.705 131.403 2(I8,'.20 50.61
26
weeds are growing so faxt that they are becoming very troable40.4M)
48,082
39.600
116.819
250.283
89.880 S4,28.S 47,303 119.901
Apr. 8
some. We are having too much rain. The thermometer has
'»
81391 44,851 37,323 106.633 107,005 252,405 40,033 34,977 80.503
"
averaged 70, the highest being 90 and the lowest 02.
311.016 40.187 38,010 95,9-!9 01.066 8:«,8S6 26,362 8.M48 24.U11
18
"
83
38.886 36.183 36,711 89.142 87,204 220,936 32,010 81,81 i 19.001
Macon, Oeorgia. Rain has fallen the past week on one day.
•»
14.076
31,196 22.283 30,85s 75.850 78.962 204,184 X7,804 13.081
SO
The thermometer has ranged from 00 to 89, averaging 73.
8.165
21.282 19.031 25.6111 65,770 71.546 186,688 14,478 11,618
May 7
"
7.600 14.135
56.133 80.240 176,157 10,780
U
20.067 19.897
Columbus, Oeorgia. It has rained during the post week on
one day, the rainfall reaching twenty-five hundredths of an Inch.
The above statement shows
The thermometer has averaged 70, the highest being 83 loid
1. That the total receipts from the plantations since Sept 1 in
4.857,48.") bales; in i878-7"J were 4,409,53'2 bales; in
the lowest 60.
1879-80 were 4
1877-78 were 4,198,103 bales.
Savannah, Oeorgia. Rain has fallen during the post week on
2. That although the receipts at the out ports the past week
two
days, to a depth of sixteen hundredths of an inch, but the
was
plantations
were 24,030 bales, the actual movement from
only 14,135 bales, tlie balance being drawn from stocks at the balance of the week has been pleasant. Average thermumett xt
Last year the receipts from the plantations for the 73, highest 83 and lowest 67.
interior ports.
same week were 7,000 bales, and for 1878 they were 10,700 bales.
Augusta, Oeorgia. We have had light rains on two days, the
Receipts at the Ports. Stock at Inter'r Ports Reo'pts from Plant'ns
Week
ending—
—
—
••
—
—
I
—
We.^tuer Bkports by TELEORArn. — The
—
week has been rainfall reacliing nine hundredths of an inch, but the rest of the
In most sections now the plant is week has been pleasant.
Average thermometer 75, highest 89
Warm weather with occasional and lowest 62, The crop is developing promisingly, and ac-
favorable for crop purposes.
past
and well started.
showers would make the prospect satisfactory everywhere.
counts are good,
Charleston, South Carolina.
There has been no rainfall at
Galveston, Texas.— We liave had a shower on one day during
the week, the rainfall reaching eighteen hundredths of an inch. this point during the week. The thermometer has averaged 74,
The thermometer has averaged 78, the highest being 87 and the with an extreme range of from 06 to 82.
The following statement we have also received by telegraph,
lowest 72. The crop is developing promisingly. A good stand
showing tlie Ijeight of the rivers at the paints nan^ed at 3 o'clock
of cotton and corn has been secured throughout the State.
We have had warm, dry weather through- May 13, 1880, and May 15, 1879.
Indianola, Texas.
May J3, '80. May l.",. '79.
out the week, and crop accounts are more favorable. The fields
Feet. Inok.
Feet. Inch.
Below
high-water
mark
..
10
to
New
Orleans
1
3
8
ranged
from
09
80,
thermometer
has
The
are clear of weeds.
Above low-water mark... 26
10
Memphis
23
8
Averaging 77.
Above low- water mark...
10
Nashville
5
7
7
Above low-water mark... 14
20
2
Corsicana, Texas.— The weather during the week has been Shreveport
Above low-water mark... 40
S
40
6
VloksbuTE
warm and dry, the thermometer averaging 79, and ranging from
New Orleans reported below high-water mark of 1871 until
04 to 94. We have secured a good stand of cotton. Corn grow- Sept. 9, 1874, when the zero of gauge was changed to high-water
ing fast and all crops promising.
mark of April 15 and 16, 1874, which is 6-10th3 of a foot above
There has been no rainfall at this point during
Dallas, Texas.
1871, or 10 feet above low-water mark at that point.
the week, and we are needing a good shower. Average therQnNNYB.vas, B.\goino Etc. Bagging continues to be taken in
mometer 79, highest 94 and lowest 04. We have secured a good
small parcels, but scarcely any inquiry is noted for large lots,
Condition
of
weeds.
stand of cotton, and the fields are clear
buyers not being disposed to take more than their wants require.
good.
The market is very firm, and dealers are still quoting lOJc. for
Brenham, Texas. The weather has been warin and dry all 1} lbs., lie. for 2 lbs. and llic for standard quality. Butts are
transactions are noted. The sales
the week. The thermometer has averaged 79, the highest being not active, and only few
aggregate some 300 bales, for which full prices were paid.
90 and the lowest 03. All crops are doing well. Planters have
Paper qualities are still quoted at 3|c., while spinning qualities
given increased land to cotton this year in this vicinity. Last are somewhat easier, and 3^0, will now buy a round lot, though
week's rainfall was three inches, and not three hundredths as in a small way Sfc. is quoted. The arrivals continue light.
started
—
—
—
—
—
—
printed.
New
on two
—
has rained during the past week
reaching forty-one hundredths of an
Orleans,
Louisiana.
days, the
rainfall
It
The thermometer has averaged 77.
The weather during
Shreveport, Louisiana.
inch.
—
Comparative Port Receipts and Daily Crop Movemkht.
of the port movement by weeks is not accurate,
A comparison
same day of the
We have consequently added to our other standicg
month.
tables a daily and monthly statement, that the reader may constantly have before him the data for seeing the exact relative
movement for the years named. First we give the receipts »t
each port each day of the week ending to-night.
as the weeks in different years do not end on the
the past week has
been dry, and extremely warm for the season. The thermometer
has averaged 78, the highest being 91 and the lowest GO.
e have had no rainfall during the
Vickshurg, Mississippi.
past week.
POET RECEIPTS FROM S.ITIRDAT, MAY S, '80. TO FRID.IT. MAY 14. '30.
Columbus, Mississippi. There has been no rainfall at this
Wilpoint during the week, the weather having been warm and dry. D'ye New
All
Mo- Char- Savan- Gal- NorTotal.
of
OrAverage thermometer 82, highest 87 and lowest 78. Good we'k lenns. bile, leston. nah. vest'n. folk. ton. others
progress is being made in clearing the fields of weeds.
670
292
7 1,24 7
4,3G6
203
69
221
Bat. 1,657
The weather th's week has been dry, Hon 3,949
Little Rock, Arkansas.
49!)
634
712
....
221
7,180
314
851
and favorable for planting. Average thermometer 76, highest Tues
10
8o:i
2,430
208
84
667
173
379
100
67'7
160
977
....
4,197
326
176
354
Wed 1,521
89 and lowest 02.
134
59:}
3.573
679
60
460
149
390
Last week the weather was dry with the exception of a light Thur 1,088
462,890
730
....
114
294
179
Frl..
204
902
sprinkle on Sunday. The thermometer had averaged 64, the
3
24,636
4,057
171
4,29
1.72S
Tot.
1,974*
1,136
1,788
9,490
highest being SO and the lowest 44.
The weather during the week has been
Nashville, Tennessee.
The movement each month since Sept. 1 has been as follows:
warm and dry, the thermometer averaging 70, and tanging from
Year Beginning September 1.
01 to 90.
Monthly
1876.
1873.
1874.
Memphis, Tennessee. The weather week has been warm and Reoeiipts.
1877.
1878.
1879.
dry, the thermometer averaging 80 and ranging from 66 to 91.
236,868 169,077 134,376
S|B,491
333,643 288,848
8ept' mb'r
have secured a good stand of cotton, and the crop is develop- October.
888,492 689,264 578,533 675,260 610,316 536,968
ing promisingly. We have had no rain for seventeen days, and Novemb'r 942,272 779,237 822,493 901,392 740,116 676,295
—W
—
1
—
—
—
We
it is
now
needed.
—
Mobile, Alabama. There have been light showers on five
days of the p;!st week, with a rainfall of twenty-eight hundredths
of an inch. The thermometer has averaged 75, the highest point
touched having been 80 ani the lowest 07. The crop ia developing finely and the fields are being cleared of weeds.
Montgomery, Alabama. We have had light showers on two
—
Decemh'r
January
.
February,
March...
April....
956,464
647,140
447,918
264,913
158,025
893,664
618,727
566,824
303,955
167,439
900,119
689,610
472,054
340,525
197,965
787,769
500,680
449,686
182,937
100,194
821,177
637,067
479,801
300,128
163,593
759,036
444,052
383,324
251,433
133,598
TotAp.30 4,638,867 4,307,978 4,099,790 3,834,736 3,921,275 3,319,082
Pero'tageoftot.port
recelpts .VprilSO..
96-86
94-31
94-96
93-56
94-91
THE CHKONKJLE.
524
receipts at the
Tbis Btatement ehows that up to April 30 the
1878-79 and
ia
than
more
bales
330,889
ports this year were
By adding
1877-78.
639,077 bales more than at the same time in
time.
that
since
receipts
daily
the
30
April
to
to the t/>tals
movewe shall be able to reach an exact comparison of the
for the different years.
ment
1878-79.
1879-80.
1876-77.
1877-78.
4,689,164 4,349,361 4,148,694 3,872,469 3,969,470 3,363,303
Percentage of total
91-71
9617
95-90
95-46
97-79
p'rt rec'pta May 14.
This statement shows that the receipts since Sept. 1 up to
now 339,803 bales more than they were to the same
day of the month in 1879, and 541,470 bales more than they
were to the same day of the month in 1873. We add to the last
table the percentages of total port receipts which had been
to-night are
May
May
AND SHIPMENTS FOR FO0B TEARS.
BO.UBA.T RECEIPTS
Brifn.
week
tills
nent.
ShipmentB since
Great
Total. Britain.
Tliia
453,035
4,000 237,500
3,000 410,000
Total Europe
C'ott'n
814 lbs.
Shirtings.
32s Cop.
Twist.
d,
d.
d.
5 1138®12
12 11J4®11%
19 11 SlUa
26:11 ®lll3
Mar.
"
AprU
6
li2®8
16 10i2®ll
®8 O
23 lOas^lO-'s
30 10ifi®10%i6 10>a®7 10i3
9%®10ia
®7 9
B
9
7
May
Shipments
Great
Total.
Week.
514,000
331,000
511.000
590,000
50,000
50.000
30,000
57,000
Great
Total.
Britain.
Continent.
1.
Total.
8,000
9,000
5,000
4,000
144,000
87,000
15,000
59,000
1:^,000
13,000
47,000
58,000
34,000
31.000
191,000
145,000
49.000
90,000
week show that the movement from
Hie ports other than Bombay is the same as last year.
For the
whole of India, therefore, the total shipments this week and
totals for this
since January 1, 1880, and for the corresponding weeks and
periods of the two previous years, are as follows.
from—
Bombay
All other p'rts
758»8l4
3
®7
®7
3
5%
41a
59,,
6
7I2
51618
6ig
9
9
638
638
6I3
7'8a>*'%
4>3®7 6
714
714
8>4®8%
838®9
6
6
7
8i2®ill8
7>-i®7
®7
®7
7i2®7
6I61B 859®9l4
613
8'8®9'2
®7
101^
agsR 5 10is®7 lOii
9
9
compared with
(bales)
last
from
New York
since Sept.
1,
Exported to—
1879.
Same
Week endingApr.
Apr.
May
May
21.
28.
5.
12.
Total to period
date. prevl'us
year.
14,198 17,714 14,810 17,139 339,79 213,861
1,263; 4,490, 7,474 20,233
4,812
Liverpool
Other British ports
Total to Great Britain 14,198 18,977,19,300 24,613 360,025 218,673
Havre
473
8
1,281
651
22,051
11,935
473
8,
1,284
651
22,061
12,035
1,693
100
Other
1,016
3,910
29,431
18,774
8,079
13,708
2,202
2,835
7,780
6,895
bG,'/84
18,745
2,703
1,723
600 3,431
poi'ta
2,323
5,610
Spain, Op'rto, Qibralt'r,&c
All other
Total
Spain,
Grand
Tot.\l
&c
.
14,671
200
3,406
200:
3,406
5,610
1,308 28,564 32,1591441,766 255,063
The Followino are the Receipts op Cotton
at
New
York,
Boston, Pliiladelphia and Baltimore for the past week, and since
September 1, 1879:
New
Receipts
from—
Boston.
York.
1
1
N. Orl'ans
2,529' 102,127
Texas ....
Savaimah
1,692
Mobile...
Florida
.
l"hiladelv>hia.i
Baltimore.
This
Since
This
This
Since This
einoe
Since
week. |Sept. 1. week. Sept. 1. week. Sept.l.j week. Sept. 1.
.
Car'lina
NCar'liQa
Virginia..
99,448
271 176,352
5,056
104 105,108
28 1: 40,551
226 198,190
171
I
23,545
2,969
36,816
74 15,074
1,290
31
65
5,279!
2.575
363
60,173
450 11,346
156
73
10,377
74,110
1,144 52,995
1,571 136,116
1,279 139,469
201 59,579
15,000
462
North, pts
Tenu.. &c.
Foreign
978 189,270
Thdsyear.
6.459,986,866
4,165 393,261
275 82,572
1,042 171,462
Last year. 12,187 833,683
7,198 318,5-28
890 31,273
911 156,493
.
'
318,
6,0.59
4,102
Shipping News.
— The
This
week.
Since
Jan. 1.
This
week.
Since
Jan. 1.
This
week.
Since
Jan. 1.
exports of cotton from the United
States tlie past week, as per latest mail returns, have reached
So far as the Southern ports are concern-d, these
93,844 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.
27,000
8,000
514,000
186,000
12,000
13.000
331,000
145,000
33,000
511,000
49,000
New York—To
35,000
704,000
25,000
476,000
33,000;
560,000
EXPORTS TO EUROPE FROM ALL INDIA.
Shipments
d.
d.
lia®7 415
this week snow an
week, the total reaching 32,159
Below we give our usual
bales, against 28,564 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, 1879, and in the last column the total
for the same period of the previous year.
.
to all Europe
8.
Mid.
Uplda
The Exports of Cotton from New York
Bremen and Hanover
730,000
543,000
e.n.ooo
804,000
Shipments since January
this weolc.
Continent.
Britain.
The above
d.
738®8%
7%®8ie
I
increase, as
MADRAS, TUTICORIN, CARWAR, RANGOON AND KUKEACIIBE.
1880
1879
1878
1877
d.
d.
7%
4>2®8
4's®8
4ia®8
Ilia
2:11
9| ....®
Twist.
d.
s.
Cott'n
8I4 lbs.
Shirtings.
328 Cop
Mid.
UpUls
®8
®8
9
received.
1878-79.
1879-80.
Total to North. Europe
Year.
Total
2,000 230.000
1,000 180,000
Haniburi^
Since
Jan. 1.
According to the foregoing, Bombay appears to show no change
compared with last year iu the week's receipts, but an increase in
shipments of 13,000 bales, and the shipments eince January 1
show an increase of 183,000 bales. The movement at Calcutta,
Madras, Tuticorin, Car war, &c., for the same week and years has
been as follows.
This
2,000 161,000
2,000 76,500
Total French
Receipts.
.Tan. 1.
Continent.
1880 9,000 18,000 27,000 234,000 280,000
1879
12.000,12,000 125,000 206.000
1878 15,000 18,000|33,000 221.000 290.000
1877 2-2,000 31,000 53,000 231,000 309,000
O.VLCtJTTA,
283.200
169,835
Other French ports
13.
aiiipineutB
This
Since
week. Sept. 1.
A oantar Is 98 lbs.
Manchester Market. —Cable frem Manehesternot
and forwardei by cable each
collected for us,
Year Great Conti-
This
Since
week. Sept. 1.
*
Exports of Cotton
•omplete India movement for each weelc. We first give the
Bombay statement for the weeK and year, bringing the figures
to
1,000
2,552,000
6,000
1,577,000
This
Since
week. Sept. 1.
figures
Friday, of the shipments from Calcutta, Madras, Tuticorin, Carwar, &c., enable us, in connection with our previously-received
leport from Bombay, to furnish our readers with a full and
down
1878.
1879.
3,200,000
To Liverpool..
To Contiuent
14 in each of the vears named.
Coxros Movement frcm all Poiits.— Tl;e
which are now
Receipts (cantars*)—
This week
Since Sept. 1
1874-75.
Total.
iNDt.v
1880.
13.
Exports (hales)1875-76.
3,319.082
Tot.Ap.30 4,638,807 4,307,978 4,099,790 3,834,786 3,921,275
2,501
3,097
2,013
4,145
2,575
3,391
Mayl...
8.
3,551
3,561
2,707
6,454
" 2....
8.
7,347
4,906
1,675
7,161
" 3....
2,455
4.642
5,874
4,51-.;
3,098
" 4....
2,032
S.
4,633
2,117
4,761
2,032
S.
" 6....
4,854
4,696
2,584
4,694
8.
" 6....
5,104
3,936
4,017
2,948
8.
5,213
••
4,062
2,726
7....
4,282
2,275
7.008
4,187
" 8....
2,439
3,851
4,366
8.
2,484
2,435
" »....
4,257
2,621
S.
5,161
4,642
1,794
" 10....
4,886
1,953
7,180
2,945
3,478
3,575
" 11....
2,925
S.
2,430
3,371
3,594
2,489
8.
" 12...
3,993
4,197
3,415
2,882
8.
4,211
4,324
3,573
"13....
3,683
8.
4,167
3,390
" 14....
3,161
2,890
received to
Alexandria, Egj'pt,
May
XXX.
[Vol,
1880.
1879.
1878.
statement affords a very interesting comparison of the
total movement for the week ending May 13, and
for the three
years up to date, at all India ports.
last
Total bales.
Liverpool, per steamers St. Albans, 2,000
City of Montreal, 1,835.... Scvthia, 712.... City of Berlin,
1,027.. ..Spain, 1,930... .per ships Panmure, 2,891.... Lord
Str.athnairn, 1,625
.
. .
17,139
.McCallum More, 5,119
To Hull, per steamer Bassano, 774
To Leith, per steamer Crest, 700
To Cork, f. o., per ship L. L. Sturgess,
774
700
4,600.... per bark Aus-
6,000
gar, 1,400
To Havre, per steamer Canada, 651
—
—
per
To Bremen,a>er steamer Habsburg, 450
Oder, 438
Alexandria Receipts and Shipments.—Through arrangeship Shak&peare, 805
Wiements we have made with Messrs. Darvies, Benachi & Co.,
To Hamburg, per steamer Anna, 491
Frisia, 146
of
land, 655
Liverpool and Alexandria, we now receive a weekly
To Rotterdam, per steamer PoUox, 219
cable of
To
Reval, per bark Cyprus, 3,691
the movements of cotton at Alexandria, Egypt.
The following New Orleans—To Liverpool, per steamers Boriuquen, 2,389
are the receipts and shipments the past
Chancellor,
per ships Wm.
Australian, 6,575
2,820
week and for the corre3,2-24
sponding weeks of the previous two years.
Tap-soott, 6,151
651
1,693
1,292
219
3,691
Sabino, 2.761... Expounder,
CromweU, 2,503. ...per bark Gaspee, 3,2b0
29,973
May
THE CHRONICLE.
15, ItSO.l
Total bales.
4,641
To Hnrrc, jicr ship M irda Urnonlonf, 4,041
Tb Uoucn, per stoamor Ben More. 201
To ItrcmoTi, por Hteainer Ilaunovor, 1,766
To IloUiniifnis, per Imrk Nannie T. Bell, 1,987
MoniLK— To r.lvtriKiol, per ship U W. White, 4,498
To Havre, per bark Australia. 3,ar>2
CHARI.KSTON—To Bremen, per bark Neptnn, 2,075 Upland
To Koval, per bark aoapit, I, (WO Upland
Savannah -To Bremen, per bark William, 2,727 Upland
Tbxar— To Liverpool, per ship Monantiuu, 3,960
To Havre, per brig EUll, 1,041
Baltimokk—To Livei-pool, per stcamor Bolivar, 1,252
Bavarian,
Boston—To Liverpool, per Btcamera Tarlfa, 169
201
1,706
1,087
4,498
3,352
2,075
1,020
2,727
3,900
l.Oll
1,252
1,176. ...Atlas. 321....Canopus, 513
Liverpool, per aleamer Pennsylvaula, 413..
2,179
PniLAUELPHiA— To
413
TUESBAT.
Dellii
Delivery.
d.
Ang.-flept. .6l7„ai»,,
May.... .....6'*i8»"s2
May-Juue
e's»>732
Oet.-Nov 6>4«3.,»733
Nov.-Doa
6»29a>s
June-July
o^jj
"s® 1733
June-July 6>i««Hi®9i«
July-Aug . .61732 '«o,,
.
.
.
particulars of theje aliipmaais, arranged
our usual
in
Hnll.
U'burK.
and
IlelBingLiver- Leith &
foi-s.
Total.
pool.
Cork. Havre. Rouen.R'dam. Rcval.
651
3,204 3,691
....
New York. ..17,139 7,474
....
32,l,in
....
N. Orleans... 29.673
....
4,941
201 1,760
1,087 38,508
Mobile
4,498
7,850
3,352
....
2.0-'5
Charle.stou
Savannah
Texas
1,020
....
July-Aug
Aug.-Sept
July-Aug
ei*i(9<l|
Sept. -Oct
OSiB
®)l>39®°g
eiKjo
Oct.-Nov
Nov.-Deo
Deo.-Jan
July-Aux
G*i(9»n
®»8®*l3J
May-June
5,001
1,252
2,179
413
Total... 59,114
2,474
201 9,772 5,311
9,985
03,844
1,987
May
Delivery.
....6»i8a'»32®''ia
July-Aug
6»!o
Aug.-Sept
Oct.-Nev
Nov.-Dec
614.13
65 jj
Mon.
Satur.
Liverpool, steam <l.
Do
Havre,
Do
H
Bail...ri.
'32* >t
733314
ste.ara
c
la*
sail
c.
^
a
.c.
ia®8i6
l3®9l6
c.
'lea's
"ssOia
7i6®l2
'is^'a
•asBis
'loSlj
Bremen, steam,
Do
sail
Hamburg, steam
Do
d.
8ail...c.
Amst'd'm, steam.c.
Do
Baltic,
Do
*
»8.
8ail...c.
steam
"3
'is® Hi
=3
=8
Hi
l!!a»16
ia®9i6
H!®9i8
'ie®'s
HsSSlB
7ie®'a
laaBiB
'l8®'-J
7,a-ai3
H!®9l8
7i6«ia
Hj®9i6*
7l«®lfl
9l8
9l6
9lB
H!®s>ia
9lO
9l6
»1«
%
oe
sa
=8
%
38
»32
»32
832
932®°ia Ssaa^ia 93o®5j5
c.
H
13
lS®9l«
'lea^a
>3®9lO
B16
rf.
sail
Fri.
732® 14 733® I4 732® "4 '.12® ^4
^32® "4 3l«®''32 3ie®''32 3le®732
13.
laS'io
'a®»i8 ia®»i8
Hi*
6»ii
Doc-Jan
Jau.-Feb
fli»jj
Oot.-Nov
Mny-June
July-Aug
6l»32
6'*33
OBg
OVi
vl^^^
0»B
62(33
6i»3a
Mny-June
Aug.-Sept
May
June-July
6O32
6*32
e'sa
Delivery.
May
Julv-Aug
Aug.-Sept
Sept.-Oct
Compressed.
—
Liverpool. By cable from Liverpool, we have the following
statement of the week's sales, stocks, &c., at that port:
6*it
6*t
June-July
June-July
July-Au^
Aug.-Sept
6*'m
8ept.-Out
6%
Oct.-Nov
Sl'ii
6<i
6»«u
0>>M
Friday.
Deliveru.
May
May -June
Delivery.
02i32®"i8
Aug.-Sept....
Sopt,-Oot
Mav-Juue
July-Aug
6233J
Sei)t.-Oet
62332®^
Delivery.
0Ii32
6'4
6II18
6II18
Oct.-Nov
Nov.-Dec
O2I33
June-July.. 62i333'ili8
Oliig
July-Aug
62I33
Oct.-Nov
Nov.-Deo
sag
«»i4
June-July., osijgaifig
July-Aug
6ilig
Aug.-Seiit
6t>3a
BRE ADSTU PPS.
May
FKIDAT, F. M.,
The
floor
market has been quite unsettled
14, 1880.
in tone the past
week, with prices showing some irregularity
Wednes. Thurs.
Tues.
''32®'4
'.12®
6^
...6»i»»il'3j
wijji
Cotton freights the past week have been as follows:
6l*it
Aug.-Sept.
Oat.-Mov
Delivery.
OH
Below we give all newa recaived to date of disasters to vessels
carrying cotton from United States ports, etc.:
Ben' More, (381 tone net, of Shields), Kidder, from New Orleans, May 2,
201 bales cotton for Rouen, went ashore on the Florida Reef.
May 0, C'lmo off with the assistance of wreokers on the 7th and
proceeded for Norfolk to coal, where she arrived May 11. Salvage
allowed ii!3,000.
OH
6B]a»3|s
TlIUIUDAT.
2,727
1,041
....
DMhtu.
Dellvti-o.
Sept.-Oct... .0>ia«>«3a
6»i8®
June-July ...8»i8a"'32
3.0!).''i
2,727
3,960
Baltimore... 1,252
Bo.ston
2,179
Philadelphia
413
6»i«
0I»»j
e**
Aug.-8ept
Oct.-Nov
May-June... 6«i8«i*i3
"':i2® "»
...61732*1*18
June-July.. .6'732a'>i8
Bremen
d.
6»iB
6",j
Weonesdat,
Dettrery.
May
May-June
form, are as follows:
Delivery.
Ang.-Sept
July-Aug
July-Aug
.
Sept.-Oct
6>ia
77,612
Total
The
%»
625
and yet the
;
It is a-sserted that the production
changes are not important.
of choice " patents" from spring wheat has been much enr-
tailed; prices of these rule
very firm in consequence.
from winter wheat are plenty,
ness.
Extreme
Good medium grades
and prices thereof show weak-
low grades from spring wheat are
dull.
To-day there were no new features, but continued irregu-
larity.
The wheat market has been variable, but, on
demand having been very active
proving, the
the whole, imfor export
and
the speculation in futures quite brisk. Yesterday, however,
there was some reaction towards lower prices, in sympathy
with weak accounts from the 'West, No. 2 red winter closing at
11 27?4 for June, $1 16M for July and $1 12 for August, and
No. 1 white $1 24^ for June. There was an active business in
No. 3 spring on the spot at |1 11@$1 13 and No. 2 Northwest
April 23. April 30. May 7.
May 14. spring for May at $1 23^- To-day there was a decided imSales of the week...
bales.
39,000
42,000
34,500 395,000 provement, with No. 2 red winter selling at f 1 28i4@$l 28^
Forwarded
17,000
24,000
15,500
15,000 for June; but the close was quiet.
6ales American
30,000
32,000
29,000
31,000
Of which exporters took
3,(i00
4,900
Indian corn on the spot declined early in the week, and has
3,800
5,000
Of which speculators took..
1,290
1,510
1.080
1.990
since
been active for No. 2 mixed at 51@51^c,, while futures
stock—
list
Tetal
imatcd
702,000 714,000 719,000 690,000
Of which American— Estlm'd 499,000 512,000 501,000 480.000 advanced, No. 2 mixed closing last evening at 48%c. for June
Total Import of the week
98,000
77,000
50,000
34,500
Of which American
7.1,000
05,000
27,000
27,500 and July. White, as well as yellow, samples continued scarce,
Actual export
7,200
0.100
0,300
10.500
they are not much wanted.' To-day there was a decided
Ajnount afloiit
319,000 322,000 370,000 401,000 but
Of which -American
183.000 179,000 188.000 209,000 advance, with No,- 2 mixed selling at 51@51>6c. for May and
The tone of the IJverpool market for spots and futures each day of the 49;)^c. for June and July. Receipts at the 'West are large, but
week ending May 14, and the daily closing prices of spot cotton, hfive the demand is very active. To-day a boat-load of Canada peas
l>e(5n as follows:
sold at 81c, in bond, which is lower.
Saturday Monday. Tuesda}'. Wednes. Thurad'y Friday.
Rye has been flrai, and Canada sold yesterday at 91c. in
Spot.
bond, and the market to-day was active at 90>2@91c, for State
null
Quiet
Market, ?
and
and
Dull.
12:30 l-.M. J
and Canada. For barley, the season is practically ended.
easier.
nominal.
Mid. Upl'ds
Mid. Orl'ns.
Market.
5 r. M.
613i8
678
6H
611,8
Ollia
6%
OUie
6"i8
6«i
0%
6^
Oats have been less active, and prices variable and unsettled.
To-day the market was buoyant, with No. 2 graded quoted at
43}^o. for mixed and 45c. for white ; No. 2 mixed selling at
5,000
5,000
3,000
500
500
5,000
1,000
5,000
8,000
2,000
41@41?4c. for May.
The following are closing quotations:
}
^
Bales
Spec.ife oxp.
500
Futures.
Market,
6 p.m.
Steady,
Dull.
Firmer.
Steady.
Qulot.
The actual sales of futures at Liverpool for the same week are given
below. These sales are on the basis of Uplands, Low MlddUng clause,
unless otherwise stated.
SAT0RDAT.
9etivery.
May
il.
|
0^132332
MayJune
1
Delivery.
July-Aug
6%®2332 Aug.-Sept..
I
June-July ....6%®833a
d.
Delivery.
I
(I.
0%®23,2 Sept.-Oct.. .Gi3.,„^n..
02i3a»4 Oot.-Nov
...e^s
I
..
I
I
Monday,
Delivery.
May
May-June. .. 01 1 iga.2 132 July-Aug
June-July.. 6liia®2i3»
Aug.-Sept
July-Aug
Sept.-Oct
Aug.-Sept
Sopt.-Oct
Oct.-Xov
6II18
02332
62I30
Ouis"
May-June
June-July
Aug,-Soi>t
.
City shipping extras.
Southern, bakers' and
family br.ands
South'u ship'g extras.
Rye flour, superHue..
Cora meal-
Delivery.
G"is Nov.-Dec
FLOUR.
^bbl. $2.50*
Winter supcrtino
4 50®
Spring superflue
4 25®
Spring wheat extras.. 4 00®
do XX anil XXX.
5 00a>
Winter shlpp'g extras. 4 90®
do XXandXXX... 5408
Pivtents
6 25®
Western 'Tye mix"... 5 00®
No. 2
Steady.
Delivery,
ei*
62t32
Oliia
6B8
GSg
OSg
62ijj
No v.-Deo
May
6733
o^B
Juno-July.... ....6Ii'32
July-Aug
Aug.-Sept
Sept.-Oct
Oot.-Nov
608
658
6i»3a
614
Western, &o
Brandy wine, Ac...
4 75®
OSAtK,
3 75
4 80
4 05
4 90
6 50
5 25
675
WheatNo. 3 spring, |1 bu.$l 13
1 22
No. 2 spring
Amber winter ... 127
Red winter. No. 2 1 35
Con)— West, mixed
West'n No. 2, new
West, yellow, now
6 75
5 05
Rye
Oats— MUed
West, white,
75®
25®
4 70®
5
6
®135H)
122 ®128
127 ®1 27>9
Wlilte
No. 1 white
5 85
6 00
8 00
new
White
5 00
Barley—Canada W.
State, 4-rowe<l...
2 50® 2 85
State, 2-rowed...
3 103 3 15
(.From the " A'eto
Peas—Can 'da.b.&f.
York Prodtue £-«Aa»ffe
»1 14
®1 24
«! 33
51
a
52H!®
54 ®
53
89 ®
41 ®
44 9
80 ®1
70 ®
62 ®
80 ®
53
53
50
55
91
44
49
00
80
70
95
TTeekiy.")
Receipts of flour and grain at Western lake and river porta
for the week ending May 8, 1880
THE OHRONICLE.
520
Com,
Wheat,
Flour,
'60 lbs.)
(li>6 llw.)
Chtoajto
40.931!
199,049
Mllwaubee
43.658
125
1.708
2,484
22.866
5,975
213,.i50
Toledo
Detroit
Clevelaml
Bt Louis
Peoria
Oaf«,
bush.
bUHll.
biitib.
bills.
At—
1
(56 lbs.)
894..5G0
30,667
425,793
11,664
48,4 50
301,570
252,375
196,275
45,831
6,200
141,377
2,450
(32
Ills.)
Rye,
Imsh.
Barley,
busb.
(481118.) (56
13.137
16,345
430,032
43,603
37,104
3,525
21,400
109.782
109,600
4,002
ll>.s.)
2,224
16,750
21
900
15,703
12,500
7,440
18,000
Diilutb
Wheat,
In Store at
Milwaukee
Duluih (1)
Toledo
Detroit
Oswego
Louis
Boston
Toronto
St.
Mi.tstr^al (1)
805,332 2,905,078
116,956 1,072,481 1,876,850
1 17,652
Total
Same time
'79.
Flour
ISSO.
1,996,563
-bbls.
1879.
2,325,545
62.587
58.236
755,040
497,364
Total receipts at same ports from Jan. 1 to
for four years:
May
44.135
55,029
8, inclusive,
1877.
1,545,103
1878.
2,162,141
Philadelphia
Peoria
Indianapolis
Kansas City
Baltimore
Rail slUpments...
Lake shipments..
On canal
Total
Vheat
bu8b.
•Jorn
Oats
Barley
Ky«
Total grain....
14,678,219
45,458,765
8,339.921
2,118.469
767,546
71,362,950
Total receipts (crop
to
May
19,881,912
27,608.216
8,288,107
2,028.888
1,048,926
at the
bbls.
same ports from Aug.
Wheat
busli.
tXim
0»U
Barley
Eye
1877-78,
4,934,535
75,980,708
07,678,611
24.218,117
9.070,634
4,005,269
65,166.013
62,690,119
20,021,154
8,909,970
3,384,279
35.625,347
63,378,333
180,933,339
160,171,565
126,101,579
Total grain ....203,181,311
1876-77
4,198,738
16,.54o,445
8.010,108
2,602,346
Comparative shipments of flour and grain from the same
ports from Jan. 1 to May 8, inclusive, for four years:
Flour
Wheat
busU.
Corn
Oats
1877.
1,531,281
5,350,295
17,304,426
4,324,102
1,423.321
8,903,973
634,7.->2
1,741;623
830,236
53,138,653
43,213,011
43,117,252
I,347,6ii4
Rye
....
1878.
2,145,229
19,500.981
22,112,141
4.002,966
1,387,714
1,113,480
11,653,177
33,110,132
6.362.431
Barley
Total grain
1879.
2,447.275
1880.
1,775,113
bbls.
11.513,607
2'),067,639
6,0'i.),45«
606, 82J
Rail shipments from same ports for the last four weeks
Com,
Barley,
Wheat,
Oats,
Flour,
Flour,
Week
Eye,
imsli.
bush.
1.282.300 2,536.455
1,297,509 2,256,299
1,025.043 2,383,850
910,573 2,275,624
bush.
bush.
57,214
73,570
58,005
82,286
45,146
66,743
41,073
42,298
endins—
bbls.
8
.125,902
125,902
1
126,9SI4
Apr. 24
Apr. 17
116.770
81,696
bush.
656,966
667.611
476,906
463,965
4,545,425 9,452,223 2,265,4 18
271,075 195.260
4 weeks '79.. 52 1.483 5,211.817 7,511,632 1,6J2,175
319,191332,331
Total, 4 w'ks. 451,362
Receipts of flour and grain at Seaboard ports for the week
ended
May
8:
Flour,
At—
New York
Boston
Portland
Moutre.-il
Philadelphia
Baltimore
Kew Orleans
Wheat,
bbls.
bush.
94,559
36,161
2,500
13,873
12,800
20,525
657,166
3,400
14,24.3
86.370
71,500
131,000
62,390
Com,
bush.
Barley,
bush.
Oats,
bush.
420,766 283,094 .30,650
234,000 80,750 16.40J
1,800
5,500
157,083 13,179
299,0J0 52,800
2,.500
43,400
8,400
191,385 12,375
195,021 1,011,820 1,351.134 452.393
Total wee't
Cor. week '79.... 170,581 1,645,722 2,403,020 310,232
And from Jan.
1
to
May
8, inclusive,
49.550
25,800
Eye,
bush.
24,095
1,000
1,000
2,200
28,295
65,797
for four years:
flour
bbls.
3,075,810
1879.
3,601,053
3,060,577
2,410,113
Wheat
bush.
18,461,548
4->, 111,741
6,767.359
1,435.629
334,13d
28,301,402
38.059.721
6,540,755
1,367,392
1,105,285
24,039,125
36,767,339
5,408,697
2,091,770
1,480,546
2,062.363
28,500,309
5,163,279
1,070.501
422,501
1880.
May
1878.
56.100
141,812
407.060
195,891
1.600.000
1,779,000
22,183,237
21,494,865
23,002,047
23,838,359
15,108,116
10, '79
238,000
367,837
11,990
35,000
553,426
278,631
3.5,8'o6
215.087
190.907
103,700
101,835
375,649
8,237
8, '60. 21,241..555
May ).-80
Api. 24, '80
Apr. 17, '80
Apr. 10, '80
Corn,
bush.
3.162
bush.
3,819.132
270,000
361,915
1 66.133
150,000
201,775
53,768
322,710
143,173
150,611
,033.040
2,200.000
1,18^,000
1
11,747,740
12,155,416
12,747,937
13.969,917
15,877,576
10,626,900
Barley,
bush.
Oats,
bush.
6.176
50,087
2.177
1,000
115,130
5.517
22.800
134,971
183,423
1877.
Eve,
bush.
21,263
3,2o6
3.673
185,000
11,940
3.083
3.200
5,111
1321978
67,300
124,426
"322
56i',410
57,214
95,000
105,634
33,000
121
2,063,791
908.8.y4
2,144.094 1 135,622
1.909,519 1 •J!>2.978
2.085,255 1 3.50,585
2,253,501 1 6n9.178
1,759,133 1 170.604
THE DRY QOOD3 TRADE.
1
for four years:
1879-80.
1878-79.
5,070.101
4,313,388
77,062,679
89.960,395
22,753.355
9.985.348
3,719,534
May
39,049,709
60,729,424
53,856,079
movement)
6,232.362
24,628.432
5,499,055
1,944,158
744,892
21,680.722
27.600,533
7.609.597
2,431,110
1,407,462
8, inelasive.
Flour
May
May
(1)
XXX.
[Vol.
Friday. P. M..
The market
for dry goods has been quiet
May
11, 1880.
and somewhat
unsettled the past week.
Following the break in prints
previously reported there was a decline in some prominent makes
was regarded by many buyers as the
forerunner of a re-adjustment in prices of other cotton fabrics,
and their operations were consequently limited to current
requirements. In woolen goods there was a fair movement on
account of former orders, and values were steadily maintained;
but new business in this connection was exceedingly light.
Under the influence of seasonable weather, which stimulated the
retail trade, jobbers have experienced a moderate demand for
re-assortments of domestic and foreign fabrics; but selections
were restricted to such small parcels as to indicate that retailers
in most parts of the country are still carrying ample stocks,
which must pass into consumption before any material improvement in busine.ss can be looked for. The "Phenix Manufacturing
Company" made an important sale of about 10,000 dozen
domestic silk handkerchiefs, through one of the leading auction
houses, with very successful results, the entire offering having
been disposed of at good average prices.
Domestic Cotton Goods. The exports of domestics hence to
foreign markets during the week ending May 11 were 1,263
packages, including 565 to Great Britain, 295 to Brazil, 120 to
Hayti, 92 to Mexico, 66 to Argentine Republic, and some smaller
The export demand for brown cottons
lots to other countries.
was liberal, and some large orders were placed iu Boston for
future delivery; but operations on the part of jobbers were
The feature of the week was a reduclight and unimportant.
tion of one cent per yard on such well-known makes of bleached
cottons as Lonsdale, Hill's, Blaekstone AA, Hope, Fitchville,
&c., and there was also a decline in rolled jaconets, which
receded to 7c. Brown and colored cottons were nominally
steady, but agents evinced a desire to keep such fabrics moving
by placing them " on memorandum " a course which is suggestive of price revisions in the near future. Print cloths were
more active, but lower; sales of 64x64s having been made at
of bleached goods, which
—
—
4%@4i!^c., and 56(9)60s at 3%@3%e. Prints remained quiet,
but wide printed-cottons, lawns, ginghams and dress goods
were in fair request and steady.
Domestic Woolen Goods. The main features of the woolen
Kye
goods market are unchanged. The business of the week was
chiefly restricted to making deliveries in execution of former
Total grain .... 72,190,413
75,374,555
69,797,477
37,218,953
orders, and new transactions were light in amount. The best
Exports from United States seaboard ports and from Montreal
makes of fancy cassimeres, cheviot suitings, worsted coatings
for week ending May 8:
and overcoatings (most of which are under the control of
Flour,
«rheat.
Com,
Oats,
Eye,
Peas, orders) are steadily held; but slight concessions are occasionally
From —
bbls.
bush.
hush.
bush.
bush.
bush.
New York
86.352
614,157
440„563
3,863
9,809 made in less popular fabrics, in order to quicken their moveBoston
28,839
9,951
183,281
240
ment. Kentucky jeans ruled quiet aside from some of the
Portland
47,930
Motftreal
4,138
13
1,511 lighter grades, for which there was son^e inquiry, and satinda
Phihidelphla.
10,309
134,379
315,480
372
Baltimore
were slow of sale. Flannels and blankets lacked animation, but
19,269
545,873
223,567
1,000
ruled firm in price, an* carpets were only in moderate request.
Total for w'k 148,907 1,334,376 14|B,891
5.475
11.320
FoBEioN Dky Goods. There was a steady demand for light
am* time '79. 93.983 1,399,283 1,1K567
43,666 190,362 48,361
re-assortments of imported goods at both first and second hands,
The visible supply of grain, oompiising the stocks in granary
moderate in the aggregate.
»t the principal points of accumulation at lake and seaboard but transactions were strictly
Specialties in dress goods received a fair share of attention,
port*, and in transit by lake, rail and canal, May 8, was as
but silks ruled quiet. Imitation laces were in good request, but
followa
selections of linen and white goods, embroideries and hosiery
Wheat,
Com,
Oat»,
- „,
Barley,
Eye,
^
In Store at—
bush,
hush.
bush.
boib.
bush.
were chiefly of a hand-to-mouth character. Prices remain
Hew York
1,541.342
243.854
94,805
61,446
41,526
Do. afloat
steady on most foreign fabrics, except silks, inferior grades of
550,000
Albany
2,000
27.000
31,000
SO.OCio
60,000 which are selling at low and unremunerative prices by imBullalo
Corn
Oal«
Bartey
—
.
—
**lc»«o
1,286,687
7,968,193
1,569.173
2,909,643
45,941
467,433
19,682
280,426
26,655
62,583
portere.
I
Mat
THE CHKONICLE.
15, 1880.]
Importatloiia or Dry Ooodn.
The importations of dry goods at
week ending
this port for the
May
13, 1880, and for the corresponding weeks of 1879 ana
1878. have been as follows:
EMTBREIJ FOR COS.SHMITION FOR THB WBEK ENDISO MAY 13, ISSO.
1878.
Pkgs.
1880.
Cotton
234
531
Silk
429
Flux
771
215
Miscelluueoug
389
928
714
855
474
84.708
149,-508
26S.212
133,169
36,844
2.180
Total
136,61 2i
214.1.')9'
Manufactures of—
Wool
Value.
2.691
63,306
29,002
42.355
54,752
20,911
3.303
2.180
2'6.386
674.501
811k
Flax
Miscellaneous
Total
Ent'dforconsumpt.
612
217..'i63
.342
396,099
450.420
219.023
176,(8 7
722
168.1111 1,062
10'4.105i
2,004
3.310 1,105.0141 r>.742|l,469.892
674..501
182
122
60
253
Cotton
1
462.627
FKO.M WAREJIOUBK *ND TIIKOWN INTO
ING THE SAME PERIOD.
Total on market
Pkg».
Value.
Pkgs.
THE MARKKT DUR-
from January
also the receipts
230
86,082
112
2(i,064
71
02,874
47.975
35,518
273
3.212
258,493
3.«98
3.3
1'J
1,105.014
177
166
120
211
597
66.350
63.938
95,560
51.266
21.836
1.271
298.250
5.742 1.459.b92
.
Ashes
hbls.
Ileans
Itreadstuffs—
Flour, wheat
bbU.
bbls.
meal
blils.
Wheat
Kyo
bush.
bush.
bvsi.
Oats
Barley and malt
Peas
bush
Com
Iiush.
bush.
bales
Cotton
Cotton seed oU
Fliut seed
Grass seed
libls.
liags.
Ent'dforconsumpt.
2.180
175,559
674,501
Total at the port. .
2.82i
850,060
3,356 203,139
3,310 1.100,614
1,897 477,727
5,742 l,439.t-9i
6,69il 1,308,753
7.639!l.937.61n
Imports or IteadliiK Article*.
The following table, compiled from Custom House
1
1879.
1S80.
Ac-
EartUenw
.
Metals.
259.32'
Glassware.
14,092
2,708
5,860
10.969
15,942
891.011
2,628
Glass plate.
Buttons
Coal, tons...
Cocoa, bags.
Coffee, bajcs.
Cotton, bales
Dnics, &o—
Bark, Peru.
Blca. powd.
Cochineal..
Gambler
.
.
Ixiathcr
sides
93.332
I-cad.,,
.Mol.Tsses
pigs
hhds.
MoliWKCS
bbls.
Naval Stores—
Tm-peiitine, crude
lilils.
bbls.
Tar
Madder, itc
Oil. OUve..
822
n.ix
Furs
Hemp,
.
.
Ivory
Jewelry, JicJewelry .
.
Watches
.
500
30.933
&c—
51,.'.38
13,778
.304,727
30,146
370,933
171,008
22,720
296.714
143.577
337.0:17
,033.606
297,347
330,u:9
b, 137,946
56,153
1,319
1,008
Har.lware
29,021
369,370
513,426
499, Hides, uadr. 11,029.020
1,768 Rice
91, 68j
426
Ac—
..
87,431
40,183
258,997
...
203,919
Ciissia
I
Ginger..
Pepper..
239 Saltpetre
224.737i Wootis
25,894
..
240,120
17,440
C<ivk
Fn.stio
1.834'
2,932
24I„541
744,112
371,832
23,634
217
512,923
18,437' Spiecs,
33,160
44,223
l,00j,49»
.
Logwood ..
496
183 Mahominy
Exports or Provialona.
Cutleiy...
1,949,230
.
934
392
26.191
441.4
...
.
Oranges
Nnts
93.279J
Kaisins
1 ."11.723
Mola^t^cs
Met.'Vls,
Lemons
1.609'
1,398
3,891
.
Linseed
.
3.9 12
673,176
$
615,420
2.791 Fruits, Ac.
Hides. &o.—
.
value.
.
3.',477
1,50
49,000
73,«49
64,773
7.215 Cigars
24,974 C-orks
24.20 7 Fancy goodtl,06o! Fish
7,852
28,606
5,913
82,128
423,049
30,837
493
Wines
393
753
cloth
Hides, di'sd
India rubber
641,829
1,356 Wool, bales.
14,294 Reported by
20,158
bales
Bri-i^tles
198,3391
.
2,3751
2,747
5.103
Hair
30,23
3.424.3^0
,
13,663 Tobacco,. ..
6,671 Waste
1,475 Wines, &o.—
28,471 Champ'gue
1,966'
baskets
4,o79
.. ..
Soda, bi-ob.
Soda, sal...
Soda, asb..
Lead, pigs
Spelter, Ibi
Steel
Tin, boxes
315,(157
85.928
154.828
61.349
256,093
149,028
195,5;3
64,501
318.991
80,
t.jl
The following are the exports
of provisions from New York,
Boston, Baltimore, Philadelphia, Montreal. Portland and New
Orleans, for week ending May 8, 1880, and their distribution
:
To—
Pork,
Beef,
Lard,
Biicon.
Cheese,
Tallow,
bbls.
bbls.
lbs.
lbs.
lbs.
lbs.
London
1,069
Ltverpool
2,285
Glasgow
.53
Bristol
200
75
Newcastle
Hull
.
..
Hamburg
263.000
fil9
2,916,666
01,360
71,150
9 1,00c
1,741
British i>ort».
Antwerp .....
Bremen ......
315
50
91
400
350
248
37
"65
225
250
Nor.ASweden
Havre
Marseilles
363,!>00
143,000
3.36,120
202,021
1,459,160
1,985.310
493,800
...
Italy
80.
& C.Amcr.
51.180
657.107
110.640
104,280
C^ba
Hajtl
West
Indies..
British Col...
rtth'rcountr's
Bn.zll
2,113
2,194
1,502
75
354
155
513
Total week.. 11.367
6.000
156.741
171.000
57.934
112.073
3.500
3,050
73,900
307,500
377.220
153.000
11.000
66.<IO0
192,.300
44,000
121,000
6,100
and for the
318
22,165
43,225
13,144
38,532
3,500
1,942
9.060.344 17.744.636
liwt year.
2,«0a
21,023
30.123
1 46;,432
40,349
8,631.233
257,875
1.8^4.177
04.504
13.983.297
4x7.630
3,443.: 6.>
10.2.30.141
3.892.914
3.041,959
1,433.068
147,516
307.678
11.170
3,223
90,612
80.587
60.308
l,.374.17M
213.099
380,3.'
17,(i8(l
10.934
61.606
60.782
21.270
6.791
1,423,947
58,821
515
41,674
2.217
14,281
1,420
24,CJ8
122,70S
bills.
bills.
832
20
23,448
.))bl8.
1>
921
249,927
2.097
1,599
44,278
8,1H)1
24,8.36
1,329.892
401,310
4.941
75,039
599
20,098
9H.536
11.479.
1.03X.
194.22 L
8.57V
galls.
61,493
Provisions
Pork
pkf^s.
licef
pkgK
Cutmeata
I>kgs.
Bntter
pkg.'i.
Cliccso
pl!s;s.
libls.
tea.
A libls.
I>ard
kegs.
No.
pkgs.
Hogs, dressed
Rice
Spelter
Steanne
Sugar
Sugar
Tallow
Tobacco
Tobacco
Whiskey
Wool
7,933
1,237
4n,171
13,301
122. .3^2
37,8sO
26,176
29,387
21,178
16,149
3.217
7t7,9(is
75o.;<.-il
n4
182,321
266,278
214.378
33, "92
40,674
32,824
22,286
7,278
71
7.202
42.518
01,319
20,477
402 121
slabs.
1,142
1.398
pkgs.
738
bbls.
boxes
Exports 01
The following
iS;
hhds.
pkgs.
2.645
cases.
3,uipj
hUds.
1.264
6,330
bbls.
Kales.
839
1
37.1.1
123,-,
S.747
339.72
<
2iM(,«;iti
314.791
2 !.«-»«
4!l.869
17,<)6il
44.3:)a
13,299
1,000
2ti.8M
47.133
49,721
18,479
132.739
16,398
09
!',206
or Domestic Proaucc.
lieadlnic Articles
based upon Custom House returns, .shows
the exports from New York of all leading articles of domestic
produce for the week ending with Tuesday last; also the expor',8
from the 1st of January, 1880, to the same day, and for the cortable,
re-sponding period in 1S79:
Week ending
May 11.
Ashes, pots
Ashes, peiu-ls
bbls.
bbls.
BtMwwax
Breatlstutfs—
Flour, wheat
Flour, rye
Corn meal
Wheat
Rjc
Oats
Barley
Peas
Com
Candles
Coal
Cotton
IKimostics
Hay
. .
'.
.
.
7ti«
bbls.
bbls.
bbls.
73,337
1,110.509
2,996
bush.
bnsh.
bush.
bushbush.
bush.
pkgs.
733,087
1,291,833
1,503
59,426
14,898,874
o7 1,336
64,762
20
2,304
4.163
1.463
398,372
573
344
30,216
1.262
1,601
254,660
171,016
11,822,262
22,990
20.991
190,862
33,133
35,2!>0
1,850
cake
Oils-
cwt.
69,969
Whale
Sperm
gale.
gals.
gals.
gals.
gala.
62,756
15,643
1.068
^il97,414
115,190
236.766
14.047
89,224.676
2,899
90.198
20,354
25.646
221,022,286
6.698.529
15,848,825
110,686,712
5,812
28,033.273
24,496
16.560
2.666.606
44,361
Oil
I<atd
Linseed
Petroleum
6.<.380
13.230.336
1.203.137
219.760
80.290
151.845
10,443.153
24.213
U3.981
102,875
52,626
23,730
11,650
100
4,790
90,496
2,606
1,969
1,174,211
;
48
16.508
7,341
Pi.tch
last year.
517
73
bbls.
bbls.
bbls.
bbls.
bbls.
Tar
Same time
43,581
bales.
bales.
Rosin
1,
1,810
pkgs.
Naval Stores
Crude turpentine
50
Since J.an.
1880.
lbs.
tons.
bales.
Hops
Pork
Beet
Beef
2,350
120
Butter
Cheese
Lard
3,000
6,57.6
1,980
1,843
3.100
so'.bbo
Rice
Tallow
Tobacco, leaf
999.924'l.908,050
bbls.
.bbls.
tierces.
lbs.
...lbs.
lbs.
lbs.
667
125
26
288
738
1,249
12,700,041
306,420
1,038.462
5,717,711
bbte.
540
lbs.
1,741,511
hhds.
859
606
T<ibacco
bales and case&
Tobacco,manufactured. lbs.
Whalebone
4,841
,953
gjioe time
,070
pkgs.
bush.
."...^
Cutmeata...'^
2,763
1
1
1,
3.47 J
76.947
2,74a
2.17i
670,571
75,482
so.9e«
394,851
3,891
63.845,882
Provisions
214,306
251,600
79,200
32',606
1
267
whale
Peanuts
Spirits turpentine
326,365
8,012,082
980,473
388.075
434,150
1,683,520
320.625
1,917,325
1,041,150
572,925
760,000
911.673
19,000
French ports.
Mexico.......
Oil cake
Oil, lard.
Eggs
Lanl
Ac-
Tea
3.3-i4
1879.
1,839 TiiislliK-.lbH 14,260,91
4,291 Paper Stock.
122.62
11.200 8ugar. hhds,
11,618 tc8.,&bbls.
239,370
837,617 Sugar, boxes
5,498 and hags... 1,089,358
12.967
9,861
2.244
41.7
Gum. Arab.
ladlgo
Opium
4,196
13.829
86,993
9,773
5.594
ls.894
Glass
Gunny
1880.
11,060
5.314
1,329
6,990
No.
Oil,
returns,
shows the foreign imports of leading articles at this port since
January 1, 18^0, and for the same period in 1879:
ITlieiiuautity Is givon In packaKCS wlion not ol luuwisc epeclfled-
707.32O
369.070
120,315
bales.
bales.
Itosm
1
79,974
2.761
Hops
Hide*
Hides
Since Jail.
1880.
1,720,85.<
53. KM)
20
977
760
333
Pitch
China
1330, to that day,
02
831
bags.
Turjieutiuo. spirits... bbls.
642
Total
China.
1,
Week cndlrK
May 11.
("(rn
5.488
890,887 7,238 1.361.107 7,013 1,753,112
ENTlsKED KOR WAREHOUSE UUIUNO SAME I'ERIOLI.
Manufactures of64.719
454 160,458
Wool
166
177
71.388
160
Cotton
lis
25.417
46,601
206
74,701
52
34.035
SUk
87
75.730
131
103,928
148
Flax
27,394
246
42,805
537 113,442
Mlscollaueous. ..
158
23,794 2,686
26,.555
569
25,198
.
Hecelpts or LeadltiK Articled o( Domeatle Produro.
The following table, ba.sed npun daily reports made to tb«
New York Produce Exchange, shows the receipts of leadingarticles of domestic produce in New York for the week ending
with Tuesday last (corresponding with the week for exports)
corresponding period in 1879:
Mauufactures of—
Wool
WITHDKAWN
1879.
Value.
527
lbs.
176,033
1,560
98.182
18.891
24,308
267.298.997
10.739.53«
32,487.069
lll.752.68i»
6.462
28,296.770
19.012
9,789
2.656,571
21,278
THI^.
528
(JHEONICLE.
I
FRXD. A. BROWN.
brown.
&
walston
Howell
The Brooklyn Trust Co. Walston H. Brown &Bro. Kimball,
Howell, N.
H. Kimball,
h.
Cor.ot Montague
4 C linton sta., Brooklyn,
'°llSn''.ict'"'a8
N. Y.
BANKERS,
New
Is
aeent In the sale or manaKementof
dividends, receive
r^l cstaie, collect Interestorormake
purchase and
JlSlstrv and transfer books,
securities.
other
and
Government
ale of
^ persons
__
,
KellKioua and charitable institutions, and
will
nuMcUstomed to the transaction of business,
depository
Hnd this Company a safe and convenient
KIPVKY HOPES, President,
for money.
lor
JJh^jj h. mauVIN. Vlce-Pre«'t.
EDGAR M.CUI.l.KN^r,mn^e^l^^
Alex.McCue.
Henry
Wm. B. Kendall, Chas.
B.Marvin, A A. Low.
JohnP. Rolfe,
Tho7uasS»"lllvan, Abm. ll.Baylls, Henry K Sheldon
John T. Martin,
H. K. Plerrepont. Diin'l Chauncey,
Ropes,
I-ow.
Sanger,
Alex. M. White, Josiah O.
Austin Corbln. Edmund
•^
K'V'ey,
W. Corlles.
BUNKER,
C.
J.
Secretary.
WALCOTT &
CO.,
11 Pine Street,
No. 42 Broad Street,
BANKERS,
FRANK
&
Co.,
^
6X
Business, buy
In addition to a General Banking
and
Government Bonds and Investment Seourl-
sell
tlOB
No. 37
7?. tT.
Smith,
&
Buy and
Kijnball
Selt »n
Margin,
Stocks^
&
Co.,
CommUsian. /or Cath^ #r Ml
Bondsydna all Invesi m tm i
&
Hinckley
Jones,
SPECIAL ATTENTION
ALSO,
LANE & JAMES ST., ALBANY, N. Y.
Transact a General Banking Business.
STOCKS and BONDS Bought and Sold on Con.,
mission, and carried on Margins.
Deposits received and Interest Al lowea.
BANKERS,
21
AND
& Co.
WM. m. Lent.
tan Francisco.
^ ,
(Special.)
Member N. Y. Stock Fxohange.
Member N. Y. Mining Stock Exchange.
Buttrick
Elliman,
Nos. 37
ic
39 Wall
St,
Clinton B. Fisk
Negotiable
Mr. J. M. Drake has been a member ol the Nev.
York Stock Exchange since 188a. and will give personal attention to all business entrustedto the
&
flvii..
IN
7
Wm.
C.
Wm.
Sheldon.
B.
Wed.. June 2. 1:30 P.M.
PKKEIHB. Danre
PRICE OF PASSAGE, (including wine;
To Havre— First cabin, $100 and $80 second cabin.
;
utensils.
Return tickets at very reduced rates.
Checks drawn on Credii; Lyonnais of Paris in
amounts
Mediterranean Service.
;
VILLE DE MARSEILLES
CALDERA
Through bills
and Algeria.
LOUIS
A.
Si.
Kidder.
p. O. BOX 2.847.
Wayland Tuask. H.J.Morse.
Dodge, Potter
&
Co.,
BANKERS
AND
COTTON COMinSSION MERCHANTS,
34 PINE STREET,
New
York,:
BEBIAN,
;
^_„
steerage, $32.
At^eut,
Atlas Mail Line.
Our Asplnwall steamers form
close connection at
Panama with the steamers of the Pacific Steam
Navigation Company, being the quickest and most
direct service between New York and the west coast
of South America. Sail from pier 51 North River.
For KiN'QSTOM. ASPINWAI.L, GKKYTOW.V, COLOMBIA, PANAMA and South Pacific Ports
May25i AILSA
ATHOS
For HAYTI
May 27 ATLAS
ANDES
For PORTO Rico
June 11
May 20 CLARIBEL
ETNA
For North Jamaica and Maracaibo
June 9
Mav 19 HOUSSA
ARRAN
:
1
:
I
Superior accommodation for first-class passengers.
For freight or passage apply to
.
PIM, FORWOOD & CO., General Agents,
No. 37 Wall Street.
&
Brown
,
Co.,
.
BANKERS AND BROKERS,
Wall St., Cor. New, New Ifork.
INVESTMENT SECURITIES.
J.
J.
H. Latham
&
^kd mm*
Co.,
BROKERS IN
GOLD MEDAL,
Member N.
303-404- 70-35 -332,
1
1
and his other styles Tnay &6 had of all dealers
>-
throughout the world.
Joseph Gillott & Sons,
New Tork.
Geo. A. Mercer.
Y. Stock Exchange.
Owens
&
Mercer,
BANKERSBROKERS,
7
PA£IS, 1878.
Bis Cdeirated yumbers,
52 WILLIAM STREET.
F. W. Perry.
H. LATHAM.
WM. F. Owens,
York.
Boy
_ ^^
I>£
6 Bo^vling Oreen.
INVESTMENT SECURITIES,
B Transact a General Banking Business, including
the purchase and sale of STOCKS and BONDS for
cash or on margin.
and Sell investment Secnrlttea.
About June 17
About July 17
of lading granted for Spam. Italy
Price «f Passage:— First cabin. $100
United States, CbicaKO, Cincinnati, St. Louis,
District of Columbia Bouds,
AND OTHER
New
to suit.
Steamers will leave New York direct for Lisbon,
Gibraltar and Marseilles every month as follows
FERDINAND DE LESSEPS. .Mon., May 17. 11 A. M.
FOREIGN EXCHANGE,
No. 18
Steerage, $26, includinR wine, bedding and
$55,
Special attention to business of country banks.
WAdsworth.
CAJ Co*
BANKERS,
WAlili STREET,
Pier (new) No. 42 North River, foot of Morton
Trarelera by this line avoid both tran.sit by English Kailwiiy and the discomforts of crossing the
Channel in a small boat.
_
Wed., May 19. 1 P.M.
I.ABRADOK, Sanglier
ST. LAURENT, Santelli.... Wed.. May 26.7:30 A.M.
^
A. H.
BONDS AND STOCKS.
All classes of negotiable securities bought and
sold at the Stock Exchange on Commission. AdTances made on same.
From
i
For cash or on margin, all securities dealt in at the
New York Stock Exchange. Brokers in State, Railway, Municipal, Mining and Miscellaneous stocks
and bo nds
^
10
CO.
Between Neiv York and Havre.
:
DEALERS IN
Wadsworth,
WALIi STREET,
BANKERS AND DEALERS
Co.,
GOVERNMENT AND INVESTMENT SECURITIES
BUY AND SELL ON COMMISSION,
.
Sheldon
&
No. 3 Broad Street, Drexel Building.
and BONDS?
BUY and SELL RAILROAD STOCKS
STATE. CITY, and all otke!
U S. GOVERNMENT,
Securities. ON COMMISSION.
GENERAL TRANSATLANTIC
New^ York,
BANKERS,
New York.
\irall St.,
&
BONDS, STOCKS and INVESTMENT SECURITIES
BOfaGHT AND SOLD UN COMMISSION.
C. A. Buttrick, Member of the N. Y. Stock Exch'ge.
WM. ELLIMAN. Member of the N.Y. Mining Bioh'ge.
DKEXEL BUILDING,
22
ONEY
to France.
Line
Direct
BANKERS AND BROKERS,
COB. MAIDEN
James Af. Drake
Steanisliips.
MiniNG STOCKS.
B. HINCKLEY,
L.M.Jones,
Francis,
Ifork.
Correspondence solicited and Infomation cheerfuUv furnished.
BROAB STREET.
No. 17 Nasiiau Street, new York.
STOCKS
GOVERNMENT BONDS.
AND INVEST.\IKNT SECURITIES
Boston.
BOUGHT AND SOLD ON COMMISSION.
GIVEN TO
BANKERS AND BROKERS,
TO Broadway & 15 New St., New
"BUYS
4 Exchange Co:\rt, New York.
\iyeart mcmitrthif in f/, Y, Stock Exchangt.
ANTHONY, POOR & OLIPHANT,
BANKERS AND BROKERS,
No. 19 Broad Street, New Vork,
Trask
Exchange Place,
AND SELLS
RAII.ROAD BONDS AND STOCKS,
ALL CLASSES OF INVESTMENT AND MIS
51
SeeurilUt, in lets to tuit.
.*nd 83 Bevonslilre Street,
SECURITIES
Bur AND SELL ON COMMISSION ALL EXCHANGE.
CURRENT AT THE NEW YORK STOCK
ALLOW INTEREST ON DEPOSITS. MAKE ADVANCES
ON APPROVED Collateral.
H. W. Rosenbaum,
STREET,
BANKERS and BROKERS
ANTHONY, Member N. Y. Stock Exchange,
Mining Exch'ge
ji's^ H^ OLIPHANT, Member N. Y.
JA8. L.
&
DICKINSON,
BANKERS,
€EDAB STREKT.
ST.,
BANKERS AND BROKERS,
and Mining Exchanges.
"Gilman, Son
NEW^
All Seenrlttes dealt In at the Exctaange
Foote,
No. 18 WAI.I-
17
BUT, Sell and Cabkt on Margins
BUY ANB 8KLL
the
on commission all sccurilies dea t in at
Kxchanges,
York, Philadelphia and Boston Stock
Special attention
either for cash or on margin.
'"J^?.*g. WA"l<?r'?,"'"'Members N, Y. Stock
&
BROABW^AY AND
GOVERNMENT BONDS. STOCKS AND MISCELLANEOUS SECURITIES,
CELLANE0U8 SECURITIES NOT ACTIVELY
EDWARD POMEROY, W.H.OOX.JR., OSCAR B. SMITH. DEALT IN AT THE NEW YORK STOCK EX
CHANGE A SPECIALTY.
sell
Transact a General Banking Business, buy and New
F.
68
RA1I.ROAD SECURITIES.
Hatch
Co.,
P. Henderson,
P.
Members N. Y. Stock Exchange,
Iforh.
SPECIAL ATTENTION GIVEN TO THE NEGOTIATION OF
Pomeroy, Cox
BANKERS,
J.
C.
anthorlicd by special charter to
executor, or ad«ot a. recelrer. trustee, guardian,
This Company
XiX.
Financial.
Financial.
FinancIaK
Vol.
UTUAILU
AND COMMISSION STOCK
Exchange Court and 62 Broadway,
Interest allowed on deposits, to be drawn at will
Also, Contracts made and carried in New York
Cotton and Produce Exchanges. We issue a Dally
Letter which will be sent on application.
OF NEW YORK, ^.
SSUES
sauto tVERr APPROVED DESCRIPTION O
D. Probst & Co.,
J.
.IFE AND ENDOWMENT POUCIE
FAVORABLE AS THOSE 01
STOCK AND BOND BROKERS, JNTEBMSA^
ANY OTHER COMPANY.
No. 52
EXCHANGE PLACE, NEW YORK.
Stocks, Railroad Bonds, Goversments, and
^OgCHLLAKEOUS gEO¥BIII£S, BOCeBI AKO gOLB
I
ORGANIZED APRIL
IZT.h
1S42.
|;PPEI$01[£R$8aOOO,00;
May
THE CHRONJ(JLE.
15, 1880,1
Insurance.
Insni^nce.
The United
OFFICE OF THE
A««e<a,
-
Insurance
New
Co.
York, January
24, 1880.
Trustees, In conformity to the Cliarter of
The
the Comi)nny, submit the foUowiuB Statement
of Its affairs on the 31st December, 1879
Premiums received on Marino
Risks, from 1st January, 1S78,
to 3l8t December, 1879
$3,600,066 58
Premlimis on roltclos not marked off 1st January, 1879
1,671,981 01
Total amount of Marine Pre-
miums
$5,371,048 49
No
Policies have been Issued
upon Life Risks; nor upon
Fire dlf connected with Marino
$4,083,22« 81
87:2,48 1 U6
COTTON SAIL DUCK
And
"AWNINU
at the end
3,875,101 26
1,524,331 04
Returns of Premiums and Expenses
The Company has the following
United States and State of New
York Stock, City, Bank, and
840,736 77
FOK ANY CAUSE. EXCEPTINU
Tho Company
United State* BmuCIbk Companr*
A
t-ii\
upon application, send Circu-
$12,437,739 51
Fifty per cent of tbe Ontstandlng
Certificates of the issue of 1876, will bo
redeemed and paid to the holders thereof, or
their legal representatives, on and after Tuesday, the 3d of February next, from which date
Interest on the amount so redeemable will
A DlTidend
of Forty per cent
Is
de-
clared on the net earned premiiuns of the Company, for the year ending Slst December, 1879,
for which certiflcates will bo Issued on and after
Tuesday, the 4th of May next.
By order of the Board,
H. CHAFmAN, Secretary.
Mutual Insurance Co.,
No«. 57 and 59
H'UUam
E.R.Mudge,Sawyer&Co
AfJKNTS FOR
WaahlnKton miU, Chlcopee nttt- Co.
UurllnKton Woolen i:o.,
Ellerton l^ew JIIIU,
.%tlanllc Cotton Iflllla,
Saratoga Victory .nfg. Co., ucean amis
AND
IIOB!cry, Shirt* and Drawers
iTom Various Mills.
TRXTSTEES:
NEW YOKK.
BOSTON.
15 CHAf.VCkr Stsxtt
A 45 WUITB STllEKT,
I'lULAnELPHIA,
J. W. DAYTO.N. 230 CHESTNUT BTBEIT.
nULtTARD'S HELIX NEEDLES.
400 BROADWAY. NEW YOKK.
^®^
RISKS.
ASSETS Jan. 1,1880
$810,804 75
All Risks Wbitten at Reasonable Rates.
W. IRVING COMES,
HENRY
D.
KINO, Troosiuer
Company
Insurance
•F NEIV YOUK,
1,841,438 00
248,764 81
1,320,785 30
Cash Assets
.fi6.4
Wm.
James Q. Do
Youngs,
John D. Hewlett,
William H. Webb,
Cliarles P. Burdett,
Henry Collljis,
John L. Riker.
D. JONES, President.
CHARLES DENNIS, Vice-President.
W. H. H. MOORE, 2d Vice-President.
RAVEN, 3d
Vice-President,
In tho
MENT
of
tion of Pollcy-Uoidcrs of
Cash in Banlis
H.
10,988 11
FIRE INSURANCE
Bonds and mortgagee, being first
real estate (worth M, 171,400)
lion
United States stocks (market value)
Premiums duo and uncolIectodoD
:
|!i33,29a
iJ9
I.flfl6,653
00
on
3.184, liia 00
200,708 ,W1
237,859 50
418,070 00
W,870 00
1M.114 87
M.IiiS HI
6,507 38
Total
W. &
President.
Secretary.
Commercial Curd§
Russell
&
Co., China,
COMMISSION Merchants anh Ship Aoentb,
Ilonar Kouff, Canton, Anioy. Fooclio^v, !l»liaD8>
bai and Hnuko^v.
Agent in America. !<. W. POMEROY, Jr.
Now
Y'ork OfHco. 50
Boston
Office, 44
Farley,
AND
FINANCIAL, ACENTS
lli'4
O Box
F.
Pearl Street,
New
3,909.
Vork.
Advances made on Consl^ments.
of •
WALL Street.
Cxntsal Stue£T.
and Mia
CONTKACTa FOK FUTUKK DELIVKUY
OTTON,
Geo. Copeland
&
OF
Co.,
COTTON BROKERS,
16,410,988 11
CHAS. J. in AUXIN,
J. H. WASHBtTKN,
H.
J.
COTTON FACTORS,
COMMISSION MEKCHANTS,
Special personal attention to the purcbfise
poli-
cies Issued at this olllce
YORK.
DEKS FOR FUTURE CONTRACTS.
United States, available for the PAYLOSSES by FIRE and for tho protec-
Robert L. Stuart,
C. A. Hand,
NEW
Special attention friven to the execution
SUMIflAUV OF ASSbTS
A. A. Raven,
Frederick Chaimcey,
Charles D. Leverich,
William Bryce,
William n. Fogg,
Peter y. King,
Thomas B. Coddlngton,
Horace K. Thurber,
William Degroot,
COTTON BROKERS,
123 PEARL STRKB'
SHOWI.VQ THE
CONDITION OF THE COMPANY ON THE FIRST
DAY OF JANUARY, 1880.
CASH C.\PITAL
$3,000,000 00
'
Mohr, Hanemann & Co.
OFFICE, 119 BROADWAY.
FUtyThlrd Seml-annaal Statement,
Gordon W. Bumham,
Be:\jamin 11. Field,
Josiah O. Low,
ffilliam E. Dodgo,
Royal Phelps,
York.
Wu.MoHR. Clemens FiscBER, H. w.Haneman
Son of J. T. Haneman
late of Knoop, Uanemanu X
Banlc stocks (market value)
State and municipal b'ds (market value)
Loans on stocks, payable on demand
(market value of securities t643,59i3).
Interest duoon Ist January, 1860
Balance in hands of agents
Real estate
Adolph Lemoyne,
New
Cotton.
HOME
Horace Gray,
Forest,
No. 11 Old »Up,
President.
WAINWRIGHT HARDIE, Vice-Pres't
Charles H. Marshall,
George W. Lane,
Edwin D. Morgan,
Sturgis,
Bro.,
KSJS
Held
Charles H. Russell,
JaiBCS Low,
David Lane,
&
George A. Clark
Street.
Edmund W. Corlies,
John Elliott,
Alexander V. Blake,
Robert B. Mintum,
A. A.
43
INStmES ACAINST
Net Surplus
Curtis,
In ftoek.
Street.
MARLNB, FIRE AND INLAND NAVIGATION
Reserve for RK-in.suranco
Reserve for Unpaid Losses
J. D. Jones,
Charles Dennis,
W. H. H. Moore,
Dnane
COMMERCIAL
certiflcates to
paid.
J.
Wldthi uid Colora alwayi
OIBcB of Middle Uepartment. Boreel Building
No. 117 Broadway, N. Y., Henry W. Baldwin, SupT.
bo produced at the
time of payment, and canceled to the extent
F.
all
No. 109
H.\RINE AND FIRE INSURANCE.
Six per cent Interest on the outstanding certiflcates of i)roflts will bo paid to the
holders thereof, or their legal representatives,
on and after Tuesday, the 3d of February next.
Thomas
inpply
231,455 16
Total Amount of Assets
jr.
will,
HTillFKS.-
Assets, tIz.:
Bank
The
TESTIBLE
FRAUD.
M
lars giving full particulars.
other Stocks
$8,875,558 00
Loans secured by Stocks, and
otherwise
1,307,900 00
Real Estate and claims due the
Company, estimated at
500,000 00
I^cmium Notes and Bills Receivable
1,522,826 35
in
THKKK YKAnS, ALL RESTUICTIONS
AFTKIl
and CO.VDITIONS in regard to travel, residence,
occupation and cause of death are removed, llius
making the Policies, afler throo years, I.SroN-
kinds
Also, AffODU
default.
Tho new form of Endowment Policy provides :That If theENTIKE KESEKVE is a urenter sum
than the slngie premium required to carry tho tuil
amount of Insurance to tlio end of tho endowmnnl
term, the excess shall bo used as a sinKie premium
all
OOTTON UANVAB, FELTINO DUCK, CAR tX)VES
IMtt, BAQOINO, RAVKNS Dt'l^K, KAIL TWUin
4kU. "ONTAHIU* MKAMI.F.HS BAttt,
;
period
Lewis
IN
Examine tlio new form of Policy ISAUcd by
United StatcH Life Inaumiice Compttny before
BurlDK cisowhero.
After the premiums for throe or more years hav
been paid, upiin reci!lvliiK tlicj required notice from
the assured the Comiiany will continue the Policy
In force without fuitlicr pHymcntn, fur Its Kl'I.f.
KACB, for such a period as the E.NTIKK UK8KKVJS
will carry it.
Should the d ath of the Insnred take place durinR
the continued term of Insurance a« provided for
above, the tuli face of tiie Policy will bo paid— n«
deduction being miido for foreborne or unpaU
premiums, exeeptlni; In the event of tho deatl
occurrlnu within three yours after tho origlnu
endowment, payable
Co.,
MaBufftetnrtrt and l>««Mr» la
of the term, thus KuaranteeInK to tho policy-holder
in every event the full value of his Itcservo.
NO SUailK.NUEH of tlie Policy la required only
a notice from tho policy-holder, on biunka furnished by the Company.
Premiiuns marked olT from Ist
January, 1879, to Slst December, 1879
Losses paid during the same
cease.
&
N. V.
JAMES BUEU Prmldent.
LIBERAL AND 1MP> KfANT CONCESSIONS
LIFJS INSUKANCU CONTKAd'H.
to purchase a pure
Risks.
Cash
•
•
Turner
Brinckerhoff,
Comp'y,
201-364 Broadway,
Surplus,
Mutual
States
Life Insurance
ATL ANTI C
Commercial CurdM.
I3S
E.
PEARL STREET. NEW YORK.
S.
Jemison
&
Co.,
BANKERS
AKD
COTTON COMMISSION MERCHANTS
No. 10 OIJ $llp, New York.
MOODT & JEMISON, Galreston, Texas.
THE (CHRONICLE.
Tl
Woodward &
Stillman,
BKAMKN'S BANK BTILDING,
1*
&
INMAN,SWANN&Co
NKW YORK
dvantes made on ConilgnmenM.
erders for
Special attention paid to tbe execution of
dellTerj
be purchase or sale of contracts for future
&
Hentz
Co.,
GENEUAL
^COIUMISSION MERCHANTS,
8 SoniU William
St.,
New
TorU.
CO.,
CALCUTTA AND BOMBAY.
•^UTCKK CONTRACTS FOR COTTON
tod soM on Commission
Fielding,
In
-COMMISSION MERCHANTS,
&
^Dennis Perkins
AND
Waldron
&
Co.,
COTTON
Advances made on
LM)<!ral
&
H. Tileston
-COTTON,
25
•
STOCKS,
WILLIAM STREET,
In Store.
GlLLlAT SCHKOEDEH
Ware &
Schroeder,
Special attonticn paid to the execution of orders
*^or the purchase or sale of contracts for future de-
iTery of cotton.
•
Liberal advances
made on con-
^Wcnments.
WALTER & KROHN,
COTTON BROKERS,
~S8
BEAVER STREET, NEWr YORK.
James F.Wenman & Co.,
Tio.
COTTON BROKERS,
146 Pearl Street, near W^all, N. V.
ICaUbilBhed (In Tontine Building)
Bennet
&
iETNA
Whiting Paper Co.,
HOLlOIiE,
Insurance
in.4SS.
Bankers' Lcdirer nod Record Papers.
Machine Hand-Made Papers.
Antique Parchineat Papers.
Plated Papers.
Bond Papers.
AGENTS:
D.
WHIT.MORE &
CO.,
Orient, L.
I
Ammoniated Bone Superi'Uosi'Uate of
AND
Lijie,
"ORIKNT C05IPLKTE MANUHE,"
thriving
good working agent in every
cotton-growing county. Apply (witii reference) to
And want a
CRENSHAW,
Pres't,
Ckensbaw warehouse,
Rlcliiuoud, Va.
John H.
Iselin
&
Co.,
OPTIONS BOUGHT AND
J.IS. A.
SOLI).
ST.
LOUIS.
Lkadtille, B0ENA Vista and Gunnison City, Col.; Dallas and Houston, Tex.
Sole Proprietors of the " Original Budwelser,"
Trademark registered in 1817.
IIT BOTTLES,
made from imported Saazer Hops and choice
Bohemian Barley, universally acknowledged the
best and healthiest Beer In the world. Wiirranted
to keep In all climates. Agents wanted in all towns.
Ask i/otw Grocer /or Ciynr(uVs liudweiser.
British
Ins.
Inclined Planes, TransmisPower. Ac. Also,
Charcoal and
BB for Ships' Kigging. Susipenslon Bridges, Derrick
Guys, Ferry Ropes. Ac. A
large stock constantly on
hand from which any deare
cut.
lengths
sired
Co.
NEW FORK
:
& Co
SOLON HUMPHREYS. Ch'i'n.(E. D.Morgan
DAVID DOWS, E^q. (David Dows & Co.)
E P FABBKI, Keo. (Urescl, Morgan&Co.)
Hon. 8. B. CHITTENDEN.
EZRA WHITE. E-q.
J. J.
ASTOR,
Esq.
CHAS. E. WHITE, SAM.
P.
BLAGDEN,
MAN.\GERS,
Office 54
AVUlIam
St.,
New York.
&
Liverpool
London
dr'
Globe
Insurance Company^
45 William St*
JAMES
E.
HENEY
PULSFORD,
Eesldent Manager.
W. EATON, Deputy Manager.
GEO. W. HOYT,
Asst.
Depu ty Manager.
Lyommercial
STEEL AND
IBON of superior quality
suitable for MINING AND
HOISTING PURPOSES
Ision of
Vork.
Agent.
LONDON AXO EDINBURGH.
Wire Rope.
CHARCOAL
-conniissiON merchants,
ISI PEARI. STREET,
HEW YORK.
New
Cnited Stales Board of Managcaent,
BVDWEISER L.JiGERBEER,
Foulke,
St.,
ALEX.\NDER,
OF
CO.,
in
4.868. 68S 85
92,045,458 04
Mercantile
BUOADW^AY.
CONRAD &
Branches
1819..
North
Orders left with Messrs. ISELIN * BARKER
No. 14 Broad St., will receive immediate attention.
C.
00-
'251,4^9
.
OFFICE,
IGalvanized
LJnion Ins.
(,0F
Ca
LONDON),
ALFRED
FLAT STEEL AND IRON
ROPES for Mining pur-
PELL,
Resident Manager,
poses manufactured to or-
SpeoU) attention given to the execution of order
der.
CO.,
JOHN W. MASON ScNew
York.
43 Broadway,
f
#•1 Terr.
lossis, etc...
MEMBERS CHICAGO BOARD OF TRADE.
NEW YORK
I,*il7,l85) f*5
...
NET bUR^LUS, Jan.
Xo. a Cortlaiidt
&
offer their standard brands
G.
tc^0OO,OC«0O
Rp-iusiirancefund.
Unpaid
J6,914,M7 79
18:9
1,
Capit:.!
Virginia
Fertilizing Co.
W.
Total Assets, January
El'IlEKA"
"OHIKXT."
WOKKS AT
Company
OF H.4RTFORD.
I,
BEEKMAN STREET. NEW YORK.
1841.
cr the parcbaae or sale of Contracta for Future
Sons.
Iiisuraiicc.
No. 35
COTTON COMMISSIOJI MERCHANTS,
111 Pearl Street, New York.
&
and Messrs L. Rosenheim
niiiicclluncoiis.
&c.,
Orders in " Futures" executed at N. Y. Cotton Bxch.
-HENBY H. Wake.
Tainter,
•.ruera exetated at the Cotton Exchanges In New
Yirkand ..i.crpcil aid vijta&*» made on Cotton
and other produce conngned to cs, or to our correspondents In Liverpool, Me srs. B. Newgass & to.
Future " orders executed at N. Y. Cotton Exch'ge
Co.,
BONDS,
NEW YORK.
&
EXCHANGE PLACE.
New^ York.
GENERtI' tOTTON MFRCHINTS,
97 PEARL STREET, NEW YORK.
Orders for Spot Cotton and Futures promptly exe'
MERCHANTS AND BANKERS,
iA BROAD STREET, NEW YORK.
40
at the otlice of
BAUCOCK BnOTHEnS 4 CO,
SO WiLt Sti'.iet.
The Atlantic &
COTTON BROKERS,
11? Pearl Street, Ne»v York.
R. M. Waters
New York
Llepresented lu
45
Co.,
Montgomery, Ala.
COMMISSION MERCIIAKTS,
Y.
street, N.
Lebmam, Dver & Co.
Co.,
La.
COMMISSION MERCHANTS,
JAMES
140 Pearl
^ew C.-Ieans,
17 Water Street, tlVEHPCOI,,
New Yorkand LlYerpool.
AKD
LSHUXN, & 3BAHAM &
Receive consignments of C'^tton and other Prntlu':'
and execute orJers at ttie Exchannes In Llverpoi 1.
'
COTTON FACTOnS
Vork.
LEHMAN BRO'S,
B.F.BABCOCK&CO. Cotton Factors
bomjht
Gwynn & Co.,
York.
liberal advances on consignments of Cotton for
Sale in New York or Liverpool. Especial attention
given to Sale and Purcbaso of Future Contracts,
both in New York and LIVERPOOL, on reasonable
terms, and profits paid as soon as realized In either
•
market.
SOUTHERX SECrniTlES.
nessrs. JAMES FINLAY & CO.,
LIVERPOOL, LONDON AND GLASGOW.
Meun. FIN I. AT, MCIK &
New
111 Pearl Street,
LOANS MADE ON
Advances made on Consignments to
throuKh
.Also execute orders for Merchandise
New
101 Pearl Street.
^OANS niADE ON ACCEPTABtB
SEC V KIT V.
-ilenry
COMMISSION MERCHANT,
Cotton lirchange liullding,
•->JENEBALC0J11IISSI0N StEfiCHANTS
i^lbera
Robert Murdoch,
COTTON
COMMISSION MERCHANTS,
76 1»*U «reet,
15, 1880.
Collon.
Cotton.
Cotton.
Worn.
[May
37
&
39 Wall Street
)
@FedFRASER