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MERCHANTS’ HUNT’S MAGAZINE, $ SWeeMjj §kWiSiniper, INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES, REPRESENTING THE — — ■ i — - 'i -- VOL. ]8. in - - - — - —, n — ’ ■ — THE CHRONICLE. The Dullness of Business and its Remedies Inflation in the Senate The Geneva Award and the In¬ surance Claims , Southern Immigration 489 490 492 492 Changes in the Redeeming Agents of National Banks... Commercial English News 493 Latest Monetary and Commercial and News 494 Miscellaneous 496 . THE BANKERS’ GAZETTE. Money Market, U. S. Securities, Quotations of Stocks and Bonds Foreign Exchange, New York New York Local Securities Investment and State, City City Banks, Boston Banks. Philadelphia Banks, National 501 and Corporation Finances THE COMMERCIAL Epitome 497 600 Banks, etc. Railway Stocks, Gold Market, 505 I 606 | 509 502 TIMES. 510 511 Dry Goods Prices Current $l)£ tffyronicU. and Financial Chronicle is issued day morning, with the latest news up on Satur¬ to midnight of Friday. TERMS OF SUBSCRIPTION—PAYABLE IN ADVANCE, and Financial Chronicle, delivered by carrier to city subscribers, and mailed to all others (exclusive of postage): For One Year (including a file cover the first year) $10 00 The Commercial For Six Months THE 6 00 great convulsion will supervene, as a result MONITOR, a Journal ofgeneral Railroad Intelligence, supplementing the financial news contained in the Chronicle, is published monthly on -Thursday the fifteenth, or about the fifteenth, of each month. Subscription price per<r year (including a file cover the first year) to subscribers of the Chronicle $5 00 “ 3 00 7 he Chronicle and Monitor will be sent to subscribers until ordered discon¬ tinued by letter. Postage is paid by the subscriber at his own post-office. Subscriptions and Advertisements are taken in London at the office of Chronicle, No. 6 Austin Friars. Old Broad street, at the following rates: the Annual “ Subscription to the Chronicle (including postage) “ William b. dana, ) John a. floyd, jr. j £2 2s. 1 0s. “ “ Monitor Chronicle and Monitor together of two us from the world RAILWAY 2 14s. WILLIAM B. DANA & OO., Publishers, 79 and 81 William Street, NEW YORK. Post Office Box 4,592. by the publishers. Mr. Alex. Holmes is the only authorized traveling agent for the Chronicle in the United States. Mr. Edward McFee is the only authorized traveling agent in Great Britain. THE DULLNESS OF BUSINESS AND ITS REMEDIES. evils which all the. commercial countries - in suffering from, and which must evidently result from general causes such as are beyond the reaoh of legislative supervision ? Secondly, we have reason to believe that such Con¬ gressional attempts to interfere with business have always done barm. By parity of reasoning it follows that if Con, gress tampers with the currency in the hope of removing these causes of commercial depression which are beyond their reach, the result will be that they will make things worse. The Publishers cannot be responsible for Remittances unless made oy Drafts or Post-Office Money Orders. JTA neat file for holding current numbers of the Chronicle is sold at the office for 50 cents; postage on the same is 20 cents. Volumes hound for sub¬ scribers at $1 50. The first and second volumes of the Chronicle are wanted NO. 464* of which things will happen—either a disruption of the Union or a restoration of specie payments. To indulge in such wild and ridiculous ; conjectures is rather worthy of ignorant enthusiasts than of well-read statesmen and thoughtful men of business. We should do better to study the recent and earlier records of paper money inflation in this country and elsewhere in preference to indulging the less laborious and infinitely less useful occupation of dream¬ ing and conjecture which are in some quarters so popular. From such a study we shall find, in tho first place, that the dullness of business of which we complain is not pecu¬ liar to ourselves or limited to this continent. England is complaining of it. France is complaining of it. So are Germany and Austria, and other countries. What right have we to blame Congress for not using some impos¬ sible legerdemain with the currency in order to preserve some one The Commercial ' i - SATURDAY, MAY 16, 1874. CONTENTS. Commercial Cotton Breaastufts ~~i are If like Uzziah we stretch forth our hand to touch rashly the sacred ark of the currency, we need not be sur¬ prised if mischief comes of it. From these general principles it is not wonderful that the Congressional action of the current year is blamed by all parties, and probably the most popular thing whioh could be done by that body is to let the currency alone for the rest of the session. outset of the session This is the course recommended at the by the earnest and the most conser¬ under the belief that the dullness of business is due to the vative leaders of public opinion. It had been well for the mismanagement of Congress, and especially to their sins of country,—for its farmers, merchants, and manufacturers,—if emission or of commission in regard to the currency. It the National Legislature had profited by the warning. But it is asked, ought not Congress to define the status of is one of the evils which was foreseen when the paper money policy was first adopted, that a dangerous strife of conflicting the greenback circulation % The answer is that, for reasons issues was projected into the politics of the nation, which we have often expounded, Congress, under the Constitution, the struggles of half a century or more would perhaps be has no power over the greenbacks—no power whatever ex¬ required to get rid of. We should take a short-sighted cept in two respects. First, in time of war, and at no other view of the situation if we were to suppose that these time, Congress may sanction the issue of greenbacks. Sec¬ struggles are near their end. They are as yet in their ondly, in time of peace, Congress may sanction the redemp¬ incipient stages; and although we will not affirm with tion and provide for the retiring of greenbacks. These are some people that “ the child is not yet born that shall the only functions which the Constitution of the United see the final close of the paper money fight in this country,’, States allows Congress to perform in regard to the green¬ still the contest is likely to be long and obstinate, A few backs. It can issue greenbacks in time of war and retire men of sombre imaginations have £oo hastily concluded that them in time of peace. Now, we ask our friends which of There are evident signs of restiveness all over the country these tyro powers it is which they invoke wheti they ask profitable gnd safe such projects'can be made under Congress to define the status of the greenbacks. As we are there is but one thing which they can ask Con¬ gress to do. Every other possible function is forbidden. Congress can be asked to withdraw the legal tenders from circulation. Such a retirement is within the scope of, its legitimate functions. But there is nothing else within that scope. The only thing which Congress can do is to legis¬ late that greenbacks shall be withdrawn from circulation, or that national bank notes shall be withdrawn, for the latter are also legal tenders. Now, if we understand the objectors, they ignore these constitutional limits. They do not want to withdraw the greenbacks, except, perhaps, the eighteen millions recently overissued. But they want Congress to take upon itself, for the first time, the unconstitutional right of defining whether 400 millions or 382 millions is a lawful aggregate of green¬ backs for the United States to have outstanding. Such an assumption of power would, we think, be unconstitutional. Hence we have never yet been able to acknowledge it as in any way legitimate. For similar reasons we hold that Congress has no consti¬ tutional right to increase the national bank notes until these notes are wholly freed from their legal tender functions. This view is sustained by the highest authorities on consti¬ tutional law, and it was virtually acknowledged when the amendment of July 1870 was added to the National Bank not at war, rTtwatfipliwl^'Wfn#I law. This amendment authorized 54 mlilions of national banknotes. But before these notes issued it good management. Finally, we are asked whether, for the sake of the grow¬ ing business of the country, something should not,be done to expand and give elasticity to the banking system. In reply, we would ask our querist *9 reflect how wonderfully the banking system of this country has already beeu expanded during tfje last quarter of a century. In 1850 the deposits of the banks of the United States were only 109 millions. They are now 595 millions, and even this is a falling off from last year. The progress of the banking system, as given below, is taken from the reports of the Treasury, and refers to the statements near the beginning of the various years: BANK EXPANSION, Deposits. 1850 109,586,595 128,957,712 . 1851 . 1854 . 1855 . 1856 . 1857 . 1858 183,188,744 557,397,779 190,400,342 212,705,662 230,351,352 576,144,758 134,183,280 684,456,887 583,165,242 657,183,799 691,945,580 696,788,421 500,650,109 608,771,799 616,603,479 644,945,039 688,875,203 767,858,490 1860 185,932,049 . 259,568,278 . 1861 . 1866♦ . 1868 1869 . 1870 . 1871 . 1872. 253,802,129 257,229,562 522,507,829 . 1867.: . Specie dc L. T. 364,204,078 413,756,799 . 1859 1850 TO 1874. Loans. 558,699,768 534,704,709 568,530,934 546,236,881 561,190,830 593,645,666 45,379,345 48,671,048 59,410,253 53,944,546 59,314.063 58,349,838 . 839,666,07? * 1873 . 913,265,189 656,187,551 595,350,334 74,412,332 104,537,818 83,594,537 87,674,507 207,051,567 206,645,664 183,530,122 169,941,050 179,873,885 154,411,515 142,353,225 135,184,582 Circulation 131,366,529 155,165,251 204,689,207 186,952,223 195,747,950 214,778,822 155,208,344 193,306,818 207,102,477 202,005,767 258,668,685 298.398,248 298,169,403 297,211,371 295,190,928 303,749,260 323,465,238 336,292,459 339,602,952 844,061,698 173,318,426 expressly 1874.. ordered that an equal amount of greenback certificates The reports after 1861 are those of the national banks. should be cancelled. Now as the latter were equivalnet to We do not say that it follows from this bank expansion greenbacks, it was virtually acknowledged by Congress that that no further extension of the banking facilities of this national bank notes also were equivalent to greenbacks, and country can at present be safe; but we do say that there is that their issue was by that circumstance brought within the but little force in the argument that our banking system has constitutional powers of Congress. Whether this position been rigid and has refused to expand responsively to the legit¬ be well taken or not we do not inquire. If it be, the same imate wants of business in the past. And as to freedom in principle might perhaps justify the issue of national bank banking, it is notorious that there is no commercial country notes, if an equal amount of greenbacks should be with¬ in the world where banking is so free as among ourselves. drawn pari passu. But it ceitainly condemns the proposi Whatever other remedy, then, the present depression of tion of the new Senate bill to issue four millions of bank business may possibly admit ot, we may be well assured that notes for every million greenbacks withdrawn. it does not admit of any palliation from the .unwholesome The dullness of business, however, would not admit of inflation of credits or from Congressional interference with legislative remedies even if such currency tinkering were the bank note or greenback circulation. We are in favor within the power of Congress. It furnisher, indeed a grati¬ of free banking, and we have always advocated it. But we fying proof of the wisdom and foresight of the founders ot would surround it with proper safeguards, and would make our National Government, that the danger of unlimited it safe as well as free. issues of legal tender notes from which so many evils were INFLATION IN THE SENATE. to be feared is kept within salutary bounds by the impas T he Senate on Thursday passei a Currency Bill, which is sable barriers of the Constitution. The chief provisions of this Another questioner points u« to the farmers, and sski now before the House. were was . * i I whether the country farmers may obtain does not need bushels f,o 20 bti«b*l* an that more money, our measure are that it abolishes the reserves on the bank -, losns for improving their farms ? notes, compels the batiks to hoard one-fourth of their ooin We say, in reply, that for such purposes banks are of no interest, releases the country banks from the obligation to use whatever. Hanks are established for commercial loans employ redeeming agencies, and requires National banks of floating capital, to run 30, or 00, or '.*0 day\ and no everywhere to keep their lawful money reserves in their longer. Of what value would be a .00-day loan to a farmer own vaults. who wanted to sink ths money in draining and other The bank-notes retain all their legal tender functions at Improvements In or ter to raise hia crop <i»f wheat from if* at pMMvnt, so that any addition to their volume will t*f http://fraser.stlouisfed.org/ get the Federal Reserve Bank of St. Louis L acre, ff our farmer* • h*r* loans they want for such purposes £ from i th»v new een ! ••oulvalmf to th# bunks ! with a *( forced circulation. s'* much lews***»?*• vw**? NoLwilluldiuling lias, tile fourth i their notes. For the exist¬ ing banks such cost is to be paid, as heretofore, by the Treasury. In lieu of the fifteen or twenty-five per cent, re¬ serve exacted for the past ten years, and kept as a reserve to protect their circulation, the banks are required to deposit in the Treasury of the United States .a reserve of 5 per cent., the use of which is prescribed in the following section: cost 491 (THE " CHRONICLE. May 1«, 1871] of engraving the plates for association organized, or to be organized, of the said act, and of the several acts in amendment thereof, shall at all times keep and l»fe>n deposit in the Treasury of the United States, in lawful mon^^^^lie United States, a sum equal to five per cent, of its circw^^^Ho be held and used only for the redemption of such clrq^J^^^^nd when the circulating notes of any such organization or^^^^Bon shall be presented for redemption in sums of $l,000^^^^^wiltiple thereof, to the Treasurer of the UnitedvState§j be redeemed in United States notes. All notes so be charged by the Comptroller of the Currency associations issuing the same, and he shall notijf^^^^^^Baliy on the first day of each month, or oftener, at the amount of such redemptions, whereupon e&^^^^^Hon so notified shall forthwith deposit with the States a sum in United States notes equal to tneT|HR^of its increasing^ ths; principal of the warded to the Comptroller of the Currency and destroyed, and replaced as now provided by law, provided that each of said associations shall reimburse to the* Treasury the charges for transportation and the cost of assorting said notes, and the asso¬ ciations hereafter organized shall also severally reimburse to the Treasury the cost of engraving such plates as shall be ordered by each association respectively, and the amount assessed upon each associotion shall be in proportion to the circulation redeemed, and be charged to the fund on deposit with the Treasury. use. Syndicate, the promoters o reported to have been as active in lobbying the present bill as that lately vetoed by the Presi¬ dent. The section of the new act compelling these re-issues of the retired greenbacks is as follows: , Sec. 5. That every under the provisions circulating notes so redeemed, and all notes of flfffloftal banks worn, defaced, mutilated, or otherwise unfit for circulation shall, when received by any Assistant Treasurer or at any designated depository of the United States, be forwarded to the Treasury of the United States for redemption as provided herein ; and when such redemptions have been so reimbursed, the circulating notes so redeemed shall be forwarded to the respective associations by whom they were issued, but if such notes are worn, mutilated, defaced, or rendered otherwise unfit for use, they shall be for¬ public debt, this permission is Secondly, he may pay out these greenbacks for the redemption or purchase of U.S. bonds. In one of these two ways the greenbacks must positively be paid out. Hence the Treasury must either be able to buy in the market a sufficiency of bonds to absorb the greenbacks in question, or notice of redemption must be given in regard to out¬ standing five-twenties. The latter alternative suggests of little arrangement with the anew which have been Sec. 9. That on of day of July, 1878, any holder of $1,000, or any multiple them for payment at the office of the Treas-' the office of the Assistant Treasurer a^ the City of New York, and thereupon the Secretary of the Treasury shall, in exchange for said notes, deliver to such holder an equal amount of coupon or registered bonds of the United States, in such form as he may prescribe, of denominations of $50 or some multiple of that sum, redeemable .in coin of the present standard value at the pleasure of the United States, after fifteen years from the date of their issue, and bearing interest payable quarterly in such coin at the rate of four and one-half per cent per annum; and the Secretary of the Treasury shall issue the United States notes as received, or, if they are canceled, he shall issue notes to the same amount, either to purchase cr redeem the public debt at par in coin, or to meet the current payments for the public service. And the said bonds and the interest thereon shall be ex¬ empt from the payment of all taxes or duties of the Unites, as well as from Taxation in any form by or under State, municipal, or local authority. And the said bonds shall have set forth and expressed upon their face- the above specified conditions, and shall, with their coupons, be made payable at the Treasury of the United States, provided, however, that the Secretary of the Treasury, imlieu of such bonds, may redeem said notes in the gold coin of the United States. thereof, urer ’ and after the 1st United States notes to the amount may present of the United States, or of this newest attempt to tam¬ per with the currency. There are two reasons among others to the which lead our shrewdest men of business to believe that it existing pledges of the credit of the Government to support the new issues of the bank notes which it is the main will not become a law. In the first place, the state of feel¬ ing in the House precludes the expectation that this bill or purpose of the-bill to generate. cent deposit in the Treasury virtually adds United States Treasury responsibility and to the This five per Such are the main features through without long discussion. done will take the Government is prohibited from increasing the greenbacks up the whole time of Congress till the beginning of July^ leaving none to spare for fruitless discussions either on beyond the present aggregate of 382 millions. This salu¬ financial or other questions. It is moreover transpiring that tary prohibition is enacted by two sections of the act before the popular demand for inflation has been much exagger¬ The tenth section forbids any increase of the principal ated. The Chicago Tribune has just published the replies of the public debt, and a previous section limits the green¬ back issues to their present aggregate. The last-named to a oircular sent to the newspapers of the States of Illinois, Indiana, Michigan, Wisconsin, Minnesota, Iowa, Kansas, section is as follows : Missouri, and Nebraska, asking how each stood on the ques¬ Sec. 8. That the entire amount of United States notes out¬ tion of the President’s veto of the currency bill. The sum¬ standing and in circulation at any one time shall not exceed the of $882,000,000. And within thirty days after circulating mary shows that of the 033 papers answering the circular notes to the amount of $1 ,000,000 shall from time to time be 514 sustain the veto, 408 oppose it, and 11 are non-com¬ issued to national banking associations, under this act, in excess Of those sustaining the veto 295 are Republican to of the higheet outstanding volume thereof nt any time prior to mittal. such issue, it shall be the duty of the Secretary of the Treasury to 217 Democratic; and of those opposing the veto 234 are retire amount of United States notes equal to twenty-five per of the circulating notes so issued, which shall he iu re¬ Republican to 174 Democratic. Indiana, Missouri, and duction of the maximum amount of $882,000,000 fixed by this sec¬ Kansas are the only 8tates where a majority of the papers tion, and such reduction shall continue until the maximum amour t permission to inflate the currency is next forbidden to the United States Treasury. However great the emergency, The any finance bill can be got And the other pressing business that must be us. sum an centum and oppose the veto. issue and sell at public sale, With the autumn e action* in view, and with the certainty of sale, a sufficient the character and that the musts of the people are much less favorable to United Nates notes to be IbfiaUon ,»han tven the prus, the ravmbera of the House of Uepr«V**uUvt*, it >• jMippoaed, be mnch Itis venture At first sight it might appear tin* the greenh»*\k issues ! ih<4r %rt*t 05* tlirrsOf V f*;*tntlor, end the prea*; i would sp^fdliy utminmn umitfr W W..* iMMU).. j1 bill will fail to command as large a vote as the last one. http://fraser.stlouisfed.org/ of I'nited States notes outstanding shall he $800,OtH 1,000 ; for that purpose he is authorised to after ten days' notice of the time and place amount of the Istnda of the United States of and description prescribed la this art for then rttl**ti Mcf <**v,*J Federal Reserve Bank of St. Louis ~ T ,mmu ' _ and commercial interests ——* ■~~J—— some CONTENTS. one THE CHRONICLE. The Dullness its Remedies of Business and Inflation in the Senate The Geneva Award and surance Southern of the united states.~ ' ■» ~ ■—— ’ — —- Claims the In¬ Immigration 489 490 492 492 City Banks, Boston Banks, .. Cotton BreadstnAs 496 GAZETTE. 497 500 501 502 Corporation Finances THE COMMERCIAL such things will of which happen—either a disruption of the will supervene, as a result specie payments. To indulge wild and ridiculous conjectures is rather worthy or a restoration of in of enthusiasts than of well-read statesmen and thoughtful men of business. We should do better to s’udy 494 ignorant News Philadelphia Banks, National Commercial Epitome 493 Banks, etc Quotations of Stocks and Bonds New York Local Securities Investment and State, City and Money Market, U. S. Securities, Railway Stocks, Gold Market, Foreign Exchange, New York of two Union Changes in the Redeeming Agents of National Banks... Latest Monetary and Commercial English News Commercial and Miscellaneous THE BANKERS great convulsion ■ - -■ NO. 464- SATURDAY, MAY 16, 1874. VOL. 18 ! - - —— — ■ REPRESENTING the industrial MAGAZINE, ■ MERCHANTS’ HUNT’S TIMES. 510 511 505 Dry Goods 506 Prices Current 509 Cljrontcl*. the recent and earlier records of paper money this country and elsewhere less laborious and infinitely in preference to inflation in indulging the less useful occupation of dream¬ ing and conjecture which are in some quarters so popular. From such a study we shall find, in the first place, that the dullness of business of which we complain is not pecu¬ liar to ourselves or limited to this continent. England is complaining of it, France is complaining of it. So are Germany and Austria, and other countries. What right have we to blame Congress for not using some impos¬ TERMS OF SUBSCRIPTION-PAYABLE IN ADVANCE. sible legerdemain with the currency in order to preserve The Commercial and Financial Chronicle, delivered by carrier to city us from evils which all the commercial countries in subscribers, and mailed to all others (exclusive of postage): :1 For One Year (including a file cover the first year) $10 00 fror Six Months 6 00 the world are suffering from, and which must evidently THE RAILWAY MONITOR, result from general causes such as are beyond the reach of B Journal of general Railroad Intelligence, supplementing the financial contained in the Chronicle, is published monthly on Thursday the fifteenth, fifti legislative supervision ? about the fifteenth, of each month. Subscription price per year (including a file cover the first year) $5 00 Secondly, we have reason to believe that such Con¬ “ to subscribers of the Chronicle 3 00 7he Chronicle and Monitor will be sent to subscribers until ordered discongressional attempts to interfere with business have always Unued by letter. Postage is paid by the subscriber at his own post-office. Subscriptions and Advertisements are taken in London at the office of done barm. By parity of reasoning it follows that if Con. Tee Commercial and Financial Chronicle is issued on SaturV day morning> with the latest news up to midnight of Friday. news or . the Chronicle, No. 5 Austin Friars. Old Broad street, at the following rates: Annual Subscription to the Chronicle (including postage) .. £2 “ “ “ “ Monitor 1 0b. “ Chronicle and Monitor together 2 14s. 2s. WILLIAM B. DANA, i. FLOYD, JR. JOHN O. ) f WILLIAM B. DANA & OO., Publisher*, 79 and 81 William Street. NEW YORK. Post Office Box 4,592. made oy The Publishers cannot be responsible for Remittances unless Post-Office Money Orders. ty* A neat file for holding current numbers of the Chronicle is Bfice for 50 cents; postage on tho same is 20 cents. Volumes scribers at $1 50. The first and second volumes of the Chronicle are Drafts or by the publishers. |y Mr. Alex. Holmes is the only authorized traveling agent Chronicle in the United States. Mr. Edward McFee is the only are evident . for the ~ _ authorized traveling agent in Great Britain. THE DULLNESS OF BUSINESS AND There , sold at the bound for sub¬ wanted ITS REMEDIES. signs of restiveness all over the country of business is due to the under the belief that the dullness mismanagement of Congress, and especially to their sins of Gmissiotf or of commission in regard to the currency. It ? is one of the evils which was foreseen when the paper money strife of conflicting issues was projected into the politics of the nation, which the struggles of half a century or more would perhaps be required to get rid of. We should take a short-sighted policy was first adopted, that a dangerous view of the situation if struggles are near we their end. were to suppose They that these are as yet in their incipient stages; and although we will not affirm with people that “ the child is not yet born that shall see the final close of the paper money fight in this country,” still the contest is likely to be long and obstinate, A few pien of sombre imaginations have too hastily concluded that some with the currency in the hope of removing depression which are beyond their reach, the result will be that they will make things If like Uzziah we stretch forth our hand to touch worse. rashly the sacred ark of the currency, we need not be sur¬ prised if mischief comes of it. From these general principles it is not wonderful that the Congressional action of the current year is blamed by all parties, and probably the most popular thing which could be done by that body is to let the curreucy alone for the rest of the session. This is the course recommended at the outset of the session by the earnest and the most conser¬ vative leaders of public opinion. It had been well for the country,—for its farmers, merchants, and manufacturers,—if the National Legislature had profited by the warning. But it is asked, ought not Congress to define the status of the greenback circulation ? The answer is that, for reasons we have often expounded, Congress, under the Constitution, has no power over the greenbacks—no power whatever ex¬ cept in two respects. First, in time of war^and at no other time, Congress may sanction the issue of greenbacks. Sec¬ ondly, in time of peace, Congress may sanction the redemp¬ tion and provide for the retiring of greenbacks. These are the only functions which the ‘Constitution of the United States allows Congress to perform in regard to the green¬ backs. It can issue greenbacks in time of war and retire them in time of peace. Now, we ask our friends which of gress these tampers causes of commercial THE CHBONICLK 490 these two powers it is which they invoke when they ask Congress to define the status of the greenbacks. As we are not at war, there is but one thing which they can ask Con¬ gress to do. Every other possible function is forbidden. Congress can be asked to withdraw the legal tenders from circulation. Such a retirement is within the scope of its legitimate functions. But there is nothing else within that scope. The only thing which Congress can do -is to legis¬ late that greenbacks shall be withdrawn from circulation, or that national bank notes Shall be withdrawn, for the latter are also legal tenders. Now, if we understand the objectors, they ignore these constitutional limits. They do not want to withdraw the greenbacks, except, perhaps, the eighteen millions recently overissued. But they want Congress to take upon itself, for the first time, the unconstitutional right of defining whether 400 millions lawful aggregate backs for the United States to have outstanding. 382 millions is of green¬ Such an assumption of power would, we think, be unconstitutional. Hence we have never yet been able to acknowledge it as in or any way legitimate. For similar reasons a hold that Congress has no consti: tutional right to increase the national bank notes until these notes are wholly freed from their legal tender functions. This view is sustained by the highest authorities on consti¬ tutional law, and it was virtually acknowledged when the amendment of July 1870 was added to the National Bank law. profitable and safe such projects This amendment authorized 54 mlilions of national bank notes. But before these notes issued it can be inade under good manngement. Finally, we are asked whether, for the sake of the grow¬ ing business of the country, something should not be done to expand and give elasticity to the banking system. Ia reply, we would ask our querist to reflect how wonderfully the banking system of this country has already been expanded during the last quarter of a century. In 1850 the deposits of the banks of the United States were only 109 millions. They are now 595 millions, and even this is a falling off from last year. The progress of the banking system, as given below, is taken from the reports of the Treasury, and refers to the statements near the beginning of .. the various years: BANK EXPANSION, 1850 1851 1854 ... 1855 ... 1856 ... 1857 ... 188,188,744 190,400,342 212,705,662 230,351,352 1858 1860 1861 1866* 1867 1868 ... ... ... ... ... .. 259,568,278 253,802,129 257,229,562 522,507,829 558,699,768 534,704,709 1869 1870 1871 1872 1873 ... ... 593,645,666 656,187,551 1850 TO 1874. Loans. Deposits. 1859 we 16,1874. ' 364,204,078 413,756,799 557,397,779 576,144,758 134,183,280 684,456,887 583,165,242 657,183,799 691,945,580 696,788,421 500,650,109 608,771,799 616,603,479 644,945,039 688,875,203 767,858,490 839,665,077 913,265,189 Specie <b L. T. 45,379,345 48,671,048 59,410,253 53,944,546 59,314.063 58,349,838 74,412,832 104,537,818 33,594,537 87,674.507 207,051,567 206,645,664 183,530,122 169,941,050 179,873,885 154,411,515 142,353,225 135,184,582 173,318,426 Circulation 131,366,529 155,165,251 204,689,207 186,952,223 195,747,950 214,778,822 155,208,344 193,306,818 207,102,477 202,005,767 258,688,685 298,398,248 298,169,403 297,211,371 295,190,928 303,749,260 323,465,23g 336,292,459 814,061,698 339,602,952 expressly ordered that an equal amount of greenback certificates The reports after 1861 are those of the national banks. should be cancelled. Now as the latter were equivalnet to We do not say that it follows from this bank expansion greenbacks, it was virtually acknowledged by Congress that that no further extension of the banking facilities of this national bank notes also were equivalent to greenbacks, and country can at present be safe; but we do say that there is that their issue was by that circumstance brought within the but little force in the argument that our bankiog system has constitutional powers of Congress. Whether this position been rigid and has refused to expand responsively to the legit be well taken or not we do not inquire. If it be, the same imate wants of business in the past. And as to freedom in principle might perhaps justify the issue of national bank banking, it is notorious that there is no commercial country notes, if an equal amount of greenbacks should be with¬ in the world where banking is so free as among ourselves. drawn pari passu. But it ceitainly condemns the proposi Whatever other remedy, then, the present depression of tion of the new Senate bill to issue four millions of bank business may possibly admit of, we may be well assured that notes for every million greenbacks withdrawn. it does not admit of any palliation fr>m the unwholesome The dullness of business, however, would not admit of inflation of credits or from Congressional interference with legislative remedies even if such currency tinkering were the bank note or greenback circulation. We are in favor within the power of Congress. It furnisher, indeed a grati¬ of free banking, and we have always advocated it. But we fying proof of the wisdom and foresight of the founders of would surround it with proper safeguards, and would make our National Government, that the danger of unlimited it safe as well as free. issues of legal tender notes from which so many evils were to be feared is kept within salutary bounds by the INFLATION IN THE SENATE. impas sable barriers of the Constitution. The Senate on Thursday passed a Currency Bill, which is Another questioner points us to the farmers, and asks now before the House. The chief provisions of this whether the country does not need more money, that our measure are that it abolishes the reserves on the bank¬ farmers may obtain loans for improving their farms ? notes, compels the banks to hoard one-fourth of their coin We say, in reply, that for such purposes banks are of no interest, releases the country banks from the obligation to use whatever. Banks are established for commercial loans employ redeeming agencies, and requires National banks of floating capital, to run 30, or 60, or 90 days, and no everywhere to keep their lawful money reserves in their longer. Of what value would be a 60-dav loan to a farmer own vaults. who wanted to sink the money in draining and other The bank-notes retain all their legal tender fiflictions as improvements in order to raise his crop of wheat from 15 at present, so that any addition to their volume will he bushels to 20 bushels an acre. If our farmers think they can equivalent to the issue of so much legal-tender paper money with a forced circulation. Notwithstanding this, the fourth get the loans they want for such purposes from new banks they are expecting what they will not find. Money on section of the bill repeals the present restriction on the mortgage can only be had from institutions organized on a aggregate of notes, and authorizes an unlimited expansion very different basis. We shall be surprised if a good of legal tender circulation. It also makes some other number of such mortgage institutions do not spring up changes, among which is the repeal of the provision lately within a few years, as has been the case in France. A few enacted prohibiting the banks organized after 1870 to enjoy flourishing companies have already been organized for the a circulation of over five hundred thousand dollars. As the bank notes, under these expansive provisions, may purpose of lending money on mortgage to farmers and other owners of real estate; and the success both here and in be expected to drive a large and profitable business in the France of these institutions ha$ sufficiently shown ho\y issue of legal tenjfgr money, all new banks are to pay the were was 1874... * ... 595,350,334 May 1 1874J 491 (THE/ CHRONICLE. increasing the principal ot the public debt, this permission is the plates for their notes. For the exist, of little Secondly, he may pay out these greenbacks for the redemption or purchase of U.S. bonds.. In one of these jng banks such cost is to be paid, as heretofore, by the Treasury. In lieu of the fifteen or twenty-five per cent, re¬ two ways the greenbacks must positively be paid out. Hence serve exacted for the past ten years, and kept as a reserve to the Treasury must either be able to buy in the market protect their circulation, the banks are required to deposit in sufficiency of bonds to absorb the greenbacks in question, the Treasury of the United States a reserve of 5 per cent., notice of redemption must be given in regard to out the use of vhich is prescribed in the following section : standing five-twenties. The latter alternative suggests arrangement with the Syndicate, the promoters o gEC. 5. That every association organized, or to be organized, under the provisions of tlie said act, and of the several acts in which have been reported to have been as active in amendment thereof, shall at all times keep and have on deposit in the Treasury of the United States, in lawful money of the United lobbying the present bill as that lately vetoed by the Presi¬ States, a sum equal to five per cent, of its circulation, to be held dent. The section of the new act compelling these re-issues and used only for the redemption of such circulation ; and when of the retired greenbacks is as follows : the circulating notes of any such organization or association shall be presented for redemption in sums of $1,000, or any multiple Sec. 9. That and after the 1st day of July, 1878, any holder thereof, to the Treasurer of the United States, the same shall be redeemed in United States notes. All notes so redeemed shall be of United States notes to the amount of $1,000, or any multiple present them for payment at the office of the Treascharged by the Comptroller of the Currency to the respective thereof, of the United States, or the office of the Assistant Treasurer associations issuing the same, and he shall notify them severally the City of New York, and thereupon the Secretary of the the first day of each month, or oftener, at his discretion, of the amount of such redemptions, whereupon each association so Treasury shall, in exchange for said notes, deliver to such holder equal amount of coupon or registered bonds of the United notified shall forthwith deposit with the Treasurer of the United States a sum in United States notes equal to the amount of its States, in such form as he may prescribe, of denominations of $50 multiple of that sum, redeemable in coin of the present circulating notes so redeemed, and all notes of national banks defaced, mutilated, or otherwise unfit for circulation shall, standard value at the pleasure of the United §tates, after fifteen when received by any Assistant Treasurer or at any designated years from the date of their issue, and bearing interest payable depository of the United States, be forwarded to the Treasury of quarterly in such coin at the rate of four and one-half per cent the United States for. redemption as provided herein ; and when per annum; and the Secretary of the 1 reasvry shall issue the such redemptions have been so reimbursed, the circulating notes United States notes as received, or, if they are canceled, he shall issue to the same amount, either to purchase cr redeem the public redeemed shall be forwarded to the respective associations by whom they were issued, but if such notes are worn, mutilated, debt at par in coin, or to meet the current payments for the public defaced, or rendered otherwise unfit for use, they shall be for¬ service. And the said bonds and the interest thereon shall be ex¬ warded to the Comptroller of the Currency and destroyed, and empt from the payment of all taxes or duties of the Unites, as from taxation in any form by or under State, municipal, replaced as now provided by law, provided that each of said well local authority. And the said bonds shall have set forth and associations shall reimburse to the Treasury the charges for transportation and the cost of assorting said notes, and the asso¬ expressed upon their face the above specified conditions, and ciations hereafter organized shall also severally reimburse to the shall, with their coupons, be made payable at the Treasury of Treasury the cost of engraving such plates as shall be ordered the United States, provided, however, that the Secretary of the by each association respectively, and the amount assessed upon Treasury, in lieu of such bonds, may redeem said notes in the each a.isociotion shall be in proportion to the circulation redeemed,' gold coin of the United States. cost of engraving use. a or , a new on may urer at on an or some worn, ■notes so as or deposit with the Treasury. Such are the main features of this newest attempt to tam¬ This five per cent deposit in the Treasury virtually adds per with tho currency. There are two reasons among others to the United States Treasury responsibility and to the which lead our shrewdest men of business to believe that it existing pledges of the credit of the Government to support will not become a law. In the first place, the state of feel¬ the new issues of the bank notes which it is , the main ing in the House precludes the expectation that this bill or purpose of the bill to generate. any finance bill can be got through without long discussion. The permission to inflate the currency is next forbidden to And the other pressing business that must be done will take the United States Treasury. However great the emergency, up the whole time of Congress till the beginning of July^ the Government is prohibited from increasing the greenbacks leaving none to spare for fruitless discussions either on beyond the present aggregate of 382 millions. This salu¬ financial or other questions. It is moreover transpiring that tary prohibition is enacted by two sections of the act before the popular demand for inflation has been much exagger¬ The tenth section forbids any increase of the principal us. ated. The Chicago Tribune has just published the replies of the public debt, and a previous section limits the green¬ to a circular sent to the newspapers of the States of Illinois, back issues to their present aggregate. The last-named and he charged to the fund on Minnesota, Iowa, Kansas, how each stood on the ques¬ Sec. 8. That the entire amount of United States notes out¬ tion of the President’s veto of the currency bill. . The sum¬ standing and in circulation at any one time shall not exceed the of $382,000,000. And within thirty days after circulating mary shows that of the 933 papers answering the circular to the amount of $1,000,000 shall from time to time be 514 sustain the veto, 408 oppose it, and 11 are non-com¬ issued to national banking associations, under this act, in excess Of those sustaining the veto 295 are Republican to of the highest outstanding volume thereof at any time prior to mittal. such issue, it shall be the duty of the Secretary of the Treasury to 217 Democratic; and of those opposing the veto 234 are retire amount of United States notes equal to twenty-five per Indiana, Missouri, and of the circulating notes so issued, which shall be in re¬ Republican to 174 Democratic. duction of the maximum amount of $382,000,000 fixed by this sec¬ Kansas are the only States where a majority of the papers section is as Michigan, Wisconsin, Missouri, and Nebraska, asking Indiana, follows: sum notes an centum the maximum amount for that purpose he is authorized to issue and sell at public sale, after ten days’ notice of the time and place of sale, a sufficient amount of the bonds of the United States of the character and. and description prescribed in this act for United States notes to be tion, and such reduction shall continue until of United States notes outstanding shall then retired and canceled. be $300,000,000; and oppose the veto. ections in view, and with the certainty that the masses of the people are much less favorable to inflation than even the press, the members of the House of Representatives, it is supposed, will be much With the autumn e less venture¬ the present sight it might appear that the greenback issues some in their votes on currency expansion, and would speedily diminish under the operation of this section. bill will fail to command as large a vote as the For it provides that, as fast as new bank notes are issued, Secondly, it is certain, notwithstanding one-fourth as much of the greenback currency should be that would prove the contrary, that the withdrawn. Lest the inflating virulence of the bill should currency, and that iu this respect it thus be mitigated, the Senate have contrived and incorpor¬ objections which killed the late ated a new provision that the Secretary of the Treasury which led the President to veto the one are shall not be permitted to cancel these withdrawn green¬ against the other. And it this fact can backs, but shall be compelled to re-issue them for one of two House an insuperable barrier would be ' At first last one. all the sophistry bill would inflate the would be open to the bill. The same .reasons equally valid be made clear to the interposed to their purposes. First, he may meet with them the current pay¬ typstjpg much time upon an enterprise of so little promise. ments for the public service; but as he i*jf prohibited from 492 THE GENEVA AWARD AND THE INSURANCE CLAIMS. One I. g ■ ■■«■■■■■ I ■ I. But in this ■— [May ie, w-i '■ ' n-ni—■■— I — I 1 1 — I THE CHRONICLE IIWII ■■ ■ ■ they are supposed to have had no interest except to make the proper machinery for deter mining the claimants and distributing the award ; and yet they permitted themselves to descend to this paltry trick, Can they afford to let it stand in this shape ? The proposition of Mr. Conkling to refer the claims un¬ case whatever read the Congressional proceedings in the Tuesday without a feeling of shame. Differences of opinion are always expected, and men may honestly entertain views directly antagonistic. Hence we have these deliberative assemblies for the purpose of reaching the truth der the award to one of the United States Circuit by, as it were, a process of constant attrition—the idea of Courts, to be designated by the President, seems to us to have one been rubbing against the idea of another—until all the rough eminently proper. The bill provides for a special commis points are off, and a clear conception of the subject under discussion is reached. Lest, however, a body made up as sion of five judges to hear and determine the claims, and to the lower house is, should sometimes be more hasty or less be paid five thousand dollars a piece. This seems to be a unnecessary Why organize a new deliberative than desirable, a Senate was provided for, of wholly expenoe. court simply to distribute fifteen millions of dollars when older, wiser heads—men who are at least supposed to have the machinery is already in existence for doing the work? risen above the paltry tricks of a Sophomore debating club. The whole theory is, that the will of the nation shall find Besides, most of these claims, except as to amount, will expression through the votes of a majority of such body, probably give rise to no litigation. More than that, as Mr. after due deliberation. If, then, a law is passed by a sharp Conkling urged, it is impossible to obtain good legal talent for eighteen months at $5,000, unless the duties of the manoeuvre which is known, after such discussion and delibe¬ ration, to be opposed by a majority of the Senators, it looks position are to be merely nominal. We have, then, a pro¬ to us like a very blameworthy act; in fact, we think one posed expense" wholly unnecessary, if there is not to be a would be justified in condemning such a proceeding in very large amount of litigation, and totally inadequate if unmeasured terms. And yet precisely this happened last there is. Should not those who were so sharp at tricking their fellow citizens out of money, the majority of the Senate Tuesday. had pronounced theirs, be a little more careful how they The Senafe had before it the Geneva Award bill reported Senate cannot on by their Judiciary Committee. Various amendments were offered and passed upon, among them one by Senator Thur¬ man, ter the effect that insurance companies should have the same rights before the court as other claimants. This amendment was agreed to, after discussion, by a vote of 31 to 27. Finally, it began to grow late, and it was not until six o’clock that the consideration was finished. * of the bill in committee Then the committee rose, and all bestow it elsewhere ? As to the merits of the questions growing out of these award, it is not necessary now to discuss them. It always seemed to us very clear that the insurance companies must be included. The claims insurance claims and the Geneva mostly held by mutual companies, and in all such cases the insured paid the loss, and if the money is course returned to the company now it will go back to the insured* More than this, it was on these very claims the award was obtained, and without them the money payment directed by the Geneva arbitration would have been just so much less. But we have not space to enter upon these questions are of portions of adopted except this amendment of Senator Thurman, which Senator Edmonds desired another vote upon. On the call of the roll, it was found that some of the Senators had left for dinner, and the amendment was lost. Thus far the proceeding could not be objected to; but at now. The Baltimore Gazette has within the week published a very excellent editorial which has beeu extensively copied this point Senator Edmonds, knowing that several who by our daily press, thoroughly discussing the whole sub¬ were in favor of this provision were not present, moved to We commend it to any who still have doubts with reconsider the vote so that it could be voted down and the ject. question settled. Against the earnest protest of Senators regard to the merits of the question. Thurman, Conkling and others, he insisted upon pressing SOUTHERN IMMIGRATION. this motion, and thus cut off all possibility of reconsidering No section of country equals some of the Southern States the measure, making the bill a law, so far as the Senate’s in the natural inducements held out to those seeking to build action could make it such, notwithstanding a majority were Our attention has been called to up for themselves homes. known to be opposed to it. this subject by the receipt from Mr. J. B. Killebrew, Secre Whatever may be our individual views in regard to the tary of the Bureau of Agriculture of Tennessee, of advance point in dispute, we think no honest man will fail to com sheets from his excellent report, in which is a very interest¬ demn this action. It strikes us as being especially unfor¬ ing and instructive chapter on the peculiar advantages pos¬ tunate upon a question of this description. The Govern¬ sessed by that State. Correct knowledge on this point ment has some money which belongs to citizens, not co it. seems to us to be the great want of the present time, and it A contest arises as to who are the rightful owners. The is a satisfaction to meet with this timely contribution to the question comes before the Senate, and is ably discussed. general supply. The insurance companies represent, we believe, about one We are aware that some who have tried different points third of the claimants, and the points in favor and against in the South have returned disappointed. Stories of such them have been reviewed in ttnd out of Congress probably wanderers have discouraged many. This, however, is usu¬ as thoroughly as any questions ever have been discussed in ally the case in the early history of any movement. In this country. Now, who can tell why, after deliberation, fact, the first always to be attracted are the lightest bodies— after a majority of the Senate had decided that a part of this men who have never succeeded, andr never would succeed money belongs to these companies, Senators should be so anywhere, but are ever looking for that land of promise interested in the matter as to trick them out of what had where they expect to receive without giving. Such waifs been determined to be theirs by a deliberate judgment and are not desired in any country, and especially are not needed Out of what possible fact or combination of facts in the South. But for vote. hardworking men of frugal habits the bill were could this intense interest have sprung? If the money be¬ there is an inexhaustible demand—men of that class ;who longed to the Government, or the Government had any have learned one of life’s great lessons, that about all the shadow of a claim to any portion of it, and they were trying money-making there is in the world is the result of economy to keep that portion for the Government, one could at least in management—saving what one’s next neighbor throws understand this action; there would be an excuse for it. away. This is the kind of material which should go South ; there, and we know no land where it it jg greatly needed can secure as good a return. be said that the Southern farmer claims that cannot make money, and how then can we ? There are But it may he considerable portion of the planters in the South fail to succeed, but it is not necessary to rehearse many why reasons a for the fact that very many do prosper beyond those reasons, 493 THE ’ CHRONICLE. May 16,1874.] of our Northern farmers with equal capital, is sufficient for our purpose. Suppose one were to purchase any of land at $30, the outlay would be Add to this for mules, tools, &c . 50 acres .. .$1,50 0 600 The above figures apply to 1870. Of course some changes have been made since, but this table is sufficient to show us that the question of taxation for the new citizen to consider is really not so serious anywhere as many have been led to suppose. In fact, the rate on each thousand dol. lars and the rate per head is higher in many other sections of the country. Besides, it will be noticed that in those Southern States where the government has been honest, tax ation is small, and it is only necessary that this purifying process be extended and the power in each State placed in the hands of the taxpayers to bring down taxation in other States. $2,100 Entire cost be grown sufficient food to support a On this land can Finally, it is often asked whether the Northern man live peaceably in the South. Such a question hardly deserves serious answer, for it is beyond doubt that it wouTd depend entirely upon his own disposition and character. Some men cannot live at peace anywhere. If one endeavors to make himself offensive to any community, he can generally succeed; but if, on the other hand, he uses the same and no more can the necessary stock, with the little labor one may have to employ, besides giving up say, thirty acres to cotton, which, with good cultivation, should return 300 lbs. to the This, at even 8 cents a pound, would bring in $720— acre. a better basis for working out a surplus than most of our small Northern farmers have. Or if his capital is sufficient^ effort to conciliate his neighbors at the South that he would he can take 100 acres with a still larger result, and work in use in the North, he will find similar success and a similar a profit also by raising stock in a small way, having an or welcome. We cannot do better in closing than to quote on chard, poultry yard, &c., the various little additions which this point the remarks of Mr. Kfllebrew in hi3 report, ns are a part of every well-regulated farm. The problem is an they entirely accord with our own views, and apply equally easy one if, in solving it, one only uses the closest application, to every Southern State. “How,” he asks, “ will the people family and and the strictest economy—ingredients which hard work, makeup every surplus a Northern farmer ever secured. An important question arises as to taxation. So much has been said with regard to the debts Southern States have accumulated, and the bad governments they have been forced to live under of late, that the taxes one may be called upon On this figures in Mr. Killebrew’s report, wonted to pay become a leading consideration. point we find some out from the census ments into of better comparison, the following table: $1,000 (true value). head. New York Massachusetts e. Rhode Island Pennsylvania New Jersey Taxation per head. $7 47 $11 07 11 68 17 10 7 83 $1,483 27 1,463 03 1,441 30 11 28 7 31 9 93 12 25 6 96 7 8 18 men the heartiness and all the civility that 88. 10 28 8 59 Maryland New Hampshire 824 37 10 30 8 49 793 663 12 88 10 22 Delaware 777 35 4 30 3 34 Indiana 754 58 8 52 6 42 Missouri 746 48 10 82 8 08 Nevada 732 72 26 34 19 30 Vermont 711 99 9 07 6 46 Wisconsin. 665 90 7 67 5 10 Michigan 607 41 7 52 4 57 Iowa 601 03 12 62 7 58 Oregon 567 06 11 26 6 39 Nebraska 563 26 14 83 8 35 Maine 555 35 15 36 8 53 Minnesota Kansas 520 70 11 57 6 20 Macon. FirstNat’nal Bank. 518 36 14 15 7 33 Texac— Houston. National Exchange Bank Kentucky— American LOCATION. Massachusetts- Suffolk MassacbusettsBoston Troy New JerseyClinton... Georgia- 9 71 9 03 3 89 6 79 2 69 334 31 11 26 322 81 18 33 5 91 South Carolina 294 99 13 30 3 92 Mississippi 252 67 17 86 4 51 North Carolina 243 39 9 02 2 20 I I Jefferson Virginia Arkansas Florida.... . \ 235 23 11 22 2 64 Georgia 226 47 9 79 Alabama 202 46 14 77 2 99 Texas 194 30 7 10 1 38 as Bank, New York, apadditional redeeming National Bank, New | York, approved in place of Central National Bank, New York. . National Bank of Hanover National Bank. New York, North America... approved in place of National Park - German National Bank... Paducah. OhioAshtabula. Ashtabula National Bank. proved in place of Am rican Ex¬ change National Bank, New York. Importers’ and Traders’ Nat’nal Bank, -New York, approved in' place of National City Bank, New York. Merchants National Bank, Cincinnati, approved in place ef First National Bank, Cincinnati. Merchants’ Exchange National Bank, New York, approved in place of Importers’ & Traders’Nat’nal Bank, New York. Appioval of Indiana— Columbus . First Nat’nal Bank. Wisconsin— Sheboygan. City. First Nat’nal Bank. First Nat’nal Bank. 2 21 . proved agent. National Metropolitan Missouri— 395 89 a National [Central National 3 76 431 32 Tennessee. it is possible for Bank, New York, and Mechanics’ National Bank, New York. Manufacturers’ Nat Central National Bank, New York, apBank I proved in place of Ninth National I Bank, New York. Clinton National Ninth National Bank, New York, apBank I proved in plac^ of American Ex¬ change National Bank, New York. (Fourth National Bank, New York, ap- New York- 4 34 444 51 • | Bank Boston 9 48 457 46 r RBDEBHINO AGENT. NAME 07 BANK. New Hampshire— Cheshire Bank Keene 21 85 Kentucky Louisiana West Virginia As kind- CHANGES IN THE REDEEMING AGENTS OF NATIONAL BANES. The following are the changes in the Redeeming Agents ol National Banks approved since the 7th inst. These weekly changes are furnished by and published in accordance with an arrangement made with the Comptroller of the Currency: 835 73 Illinois ? gallant people to exercise, They will be welcomed with open hands, and encouragement and sympathy will be given them by every intelligent man and woman in the State.” 9 33 838 73 women ly,” he replies, “ as they deserve. If they come to stir up strife between the races, they will not, and should not, be respected. If they come to live by their wits, and, by making false representations to the Government, to secure a fat office, they will not, as they should not, be respected. If they come to preach the unutterable turpitude and sinfulness of the former slaveholder, and to set themselves up as ex¬ amples of virtue and unstained purity, they will not, and should not, be respected. But if they come with earnest hearts, and willing hands, and cheerful voices, to help build up the prosperity of the State, be their politics what it may, be their religion what it will, they will be received with all 10 52 Ohio and 13 95 6 44 1,366 28 1,140 15 1.081-31 1,038 49 California we Taxation upon each ‘Wealthper States. Connecticut instructive. For bring all his state¬ returns which are very the purpose of Tennessee receive Northern Third National Bank, York, revoked. First National Bank, New pioved in place of Milwaukee, ap-, Milwaukee Nation¬ al Bank of Wisconsin. Fourth National Bank, St. Louis, ap¬ proved in place of Fourth National Bank, New York, and Second Nat. Bank. bt. Louis. Nebraska— Lincoln... Chemical National Bank, New York, State Nat’nal Bank. approved in place of First National Bank. New York. Banks. New National The [May 16,1874. '/THE CHRONICLE. 494 following is the only National Bank organized during the past week, viz.: 3,145—The Second National Bank of Bay City, Michigan. Authorized capital, $103,000 paid in capital, $50,000. William Westover, President; Wheeler L. Plum, Cashier. Authorized to commence business May ,12, 1874. Cat eat itlonetarn aitir (Eommercial (Snglial) Ncioa RATES OF EXCHANGE AT LONDON. AND ON AT LATEST DATES. EXCHANGE AT LONDON— MAY 1. LONDON EXCHANGE ON LONDON. LATEST BATE. TIME. TIME. DATE. | RATE. 1 Amsterdam... Antwerp Hamburg short. 3 mouths. « • • • short. Paris Paris 3 months. Vienna .... Bfirlin Frankfort St. Petersburg Cadiz .... il.17K@ll.18tf1 1. May kfc 25.52tfS.25.57tf 20.52 @20.56 25.15 @25.25 25.50 @25.55 11.42tf@11.47tf S.25tf@ 6.25% ll9tf@119tf 32 @32tf short. . 44 3 «C • • .... 1. 44 it 3 short. Valparaiso .... Pernambuco Montevideo... • • • • • • . • 60 90 • • • • ■ Calcutta Hong Kong... Shanghai . Alexandria.... Sydney April 30. April 25. April 23. April 29. • • * • •« • • • • 1 .... [From our own -- . . 6.21tf 118% . . . . .... .... 6 Aoril 27. .... • .... . $4 87 per £. 26% 26 . April 30. 1 10% 1 I0tf days. . days. days. .... Mch 31. Jan. 26. 60 Singapore . . May 1. April 8. • .. Bombay . .... . . Feb. 21. Mch. 31. , . 11.18 .... .... • 11.90 25.19 20.15 25.20 .... .... 28.82tf@28.87tf .... • mos. 28.82tf@28.87tf • NaDles New York Rio de Janeiro Bahia Buenos Ayres.. .... mos. .... May 48tf@l8tf • . short. 90 days. 52% @52% 3 months. 28 82tf@28.87tf Lisbon Milan Genoa April account. The rise in Peruvian stocks has been very great, owing to the favorable and authenticated reports which have been received from the guano islands ; but the six per cents are still about 10, and the five per cents about 16 per cent below the prices at which they were issued. Though there has been a decided revival of business, yet it must be borne in mind that that those securities which have during the last fortnight experienced so im¬ portant a rise, had been greatly depressed, and as more favorable statements have been published with regard to the future, both of Peruvian and Egyptian finance, it is but natural that those stocks which yield so high a rate of interest should be actively pur. chased by investors. Even after the late important rise, Egyptian 7 per cents of 1868 are obtainable at 79 ; do, 1870, 72£; do, 1873, 68£ ; Peruvian 6 per cents, 72£; do, 5 per cents, 61£. Up to the present time, there has been no failure on the part of the Peru¬ vian and Egyptian Governments to pay the interest or to redeem the requisite number of bonds, and hence it is but natural that a large section of the public perceive no great risk in holdings security which yields them about nine per cent, per annum, with ultimate redemption at par. It is the demand for these classes of stocks which has chiefly contributed to the animation in the stock markets this week, though at the same time, the brilliancy of the weather, and the favorable agricultural prospect, not only in this country, but also in Europe, has had a most beneficial effect, and have led to numerous bona fide purchases of English railway stocks. The probabilities appear to be that we shall have an early and abundant harvest, and that when this is assured, the trade of the country, if only the disputes in the coal and iron districts were brought to a termination, would steadily revive. It is obvious, however, that we shall not acquire the same degree of activity which we h ave lately lost until the trade with the United States revives ; and consequently the agricultural prospects In that country is viewed with considerable interest, and hopes are entertained that the yield both of cotton and grain the 15th of Official No. ON stock made up amounted to £24,945,800 and 44,710 Lombardo Venetian shares against £16,183,600 stock and 27,920 shares on mos. • • . . . • • . . . . • 3 • . • . . mos. 49% . * . . [26%@26% 51% Is. lltfd. Is. 11 7-164. 4s. 4)4 d. 5s. lltf@os.lltfd 52% 97% .... correspondent.] London, Saturday, May 2,1874. This has been rather an important week in the financial world, and several circumstances have contributed to an advance in the will be abundant. Bank rate to four per cent. The leading cause has been the withdrawal of large amounts of The money market to-day and the rates of discount are of that movement French gold coin on Paris account. The Paris money market has for some time past been much dearer than"ours, and as we have during the last two or three weeks been large buyers of Peruvian and Egyptian Government securities, the demand for the means of remittance to Paris has largely increased. There has also been a great scarcity of bills on that city, and the result has been that, not. withstanding the Bank has further advanced the price, large amounts of French gold coin have been sent away. This is the chief reason for the adoption of a four per cent rate of discount. Apart from the rise in the official minimum, the new Indian loan has been the prominent financial transaction of the week. The amount was £5,000,000 on a four per cent stock. The total applications were £15,138,960. Tenders at £101 8s. will receive about 13 per cent., and above that figujp in full. There were four separate tenders of £1,000,000, two of which were at £101 11s., and £101 16s., and one tender for £800,000 was at £101 17s. of bona fide So vast a number applications indicates that there is a large supply of money seeking profitable investment, and that there are still many who are content *with a return of somewhat less than four cent interest. No doubt many, if not most, of the holders of 10£ per cents, created many years ago, will invest in the new loan, which will yield them a similar rate of interest, so that, in per the point of fact, the loan from one assumes the character stock to another instead of an more of a transfer actual loan. The opera¬ tions in connection with Indian finance show themselves in the Bank statement in the increase of exhibits as Open-market rates: 30 and 60 days’ bills 3tf@3% 3 months’bills 3tf@3% The rates of interest allowed count Fer cent. 4 months’ bank bills 4 6 months’ bank bills 4 ©4tf 4 and G months’ trade bills. 4tf@5 Fer cent. 4 Bank rate houses for deposits are by the joint stock banks and dis¬ subjoined Joint stock banks Discount houses at call Discount houses with7 days’ notice Discount houses with 14 days’ notice... The abroad fair degree of firmness, a under; following are : Per cent 3 3 «... , @ @ 3tf@ 3tf@ ...'. the rates of discount at the leading cities : Bank rate, Open market, percent, percent. 4# 4tf Paris.....'. Amsterdam 3tf Frankfort 8tf 3% 4 3)4 3)4 3 Vienna and Trieste.... 5 5 6 6 7 7 Hamburg Berlin Open rate, market percent. per cent, 6tf ... Turin, Florence 6tf 5 4tf 6 St. Petersburg Brussels 5tf and Rome Antwerp Bremen 4tf Genoa.. New York. 4* 5 Leipzig Madrid, Cadiz and Bar¬ celona Lisbon and Oporto.... Bank ! 4% 5tf-6 showing the present position of the Bank England, the Bank rate of discount, the price of Consols, the average quotation for English wheat, the price of Middling Upland cotton, of No. 40" Mule yarn fair second qualitj, and the Bankers* Clearing House return, compared with the four previous years : Annexed is a statement of 1870. Circulation, including £ bank post bills 24,303,558 Public deposits 8.632,606 Other deposits 16,001,374 1871. £ 25.422.560 .1872. £ 1873. £ 26,303.250 9,937,735 26.563,803 1874. £ 26.626,416 12,761,007 14.563,122 19,717,590 19,255,287 19,308.520 17,993.930 Government securities. 12,896,284 12.958,741 13,306 087 13,-S80,963 13,803.274 Other securities 18,855,149 19,932,767 23,355,960 25,803,478 26,433,169 8,575,606 £5,879,616 under the head of public deposits.” Since the Bank return was made up, the greater portion of that sum has been released, so that the falling Reserve of notes and coin off in. the proportion of reserve to liabilities from 42 to 31^ per Coin and bullion in 10,973,652 13,655,640 10,632,865 10,994,397 10.393,818 both departments.... 19,848,607 23,948,220 21,555,455 22,164,097 21,654.753 cent is no indication of the present state of the money market. 4 p. C 4 p. c. 4 p. c. 3 p. c. Bank-rate 2)4 p. c. 92%d. On the contrary, it is believed that the proportion of reserve to Consols 94d. 93% d. 93tfd. 93tfd. 60s. 0d. 54s. lOd. 59s. 7d. 54s. bd. 42s. 7d. English wheat liabilities is about 40 per cent at the present moment. 8tfd. Mid. Upland cotton.... 9%d. ll%d. 10%d. 7 5-16d. No.40 mule yarn fair 2d Throughout the week the demand for money has been very ls.4d. la. 2tfd. tJliaiXtjr lO. A. .KJ/y VO.. ~ quality Is. 3tfd. la.Otfd. iO. active, and the rates of discount have been very firm. Apart Clearing House return. 89,307,000 106,051,000 137,743,000 112,535,000 116,590.000 from the requirements of the community in connection with the There has been no demand for bar gold for export, but large Indian loan, and with Indian finance generally, there has been a sums of foreign gold coin have, as stated above, been transmitted more general demand, especially with regard to the Stock Ex. to Paris, in consequence of our large purchases of securities and change department. The account which has been in progress the low rate of exchange. Silver, however, has been very dull this week has been more extensive than for some time past, the and has daily receded in value, but Mexican dollars are rather increase being chiefly noticeable in Peruvian and Egyptian stocks. firm. The following prices of bullion’are from the circular of According to the Stock Exchange clearing returns, the total Messrs. Pixley & Abell; “ .. , 186-709. THE 1874.] May 16, GOLD. Doubloons United States Gold Coin..., South American .. .. d. 8. per oz. per oz peroz. Bar Gold...,. Bar Gold, fin0.... Bar Gold, refinable.... CHRONICLE. @ @ per oz per oz. none here d. 8. standard. 77 9 © standard, 77 9 © standard. ,77 11 © ... .... .... .... .... SILVER. d. s. Fine per oz. standard.. nom... containing 5 grs. Gold per oz. standard. Mne Cake Silver peroz. Mexican Dollars per oz. SDanhb Dollars (Carolus) per oz..none here. Five Franc Pieces per oz., none here. Bar Silver, Bar Silver, 4 4 s. d. 10#@ 4 11 H>8© 4 11% no price © @ © . . .... .... .... following, from Sir Jolin Lubbock, relates to the Clearing The showing the working of the Clearing House for the year House, the 30th April, which is the seventh during which The total amounts for the seven years have been : ending on these statistics have been collected. Total for the year. 1867-68.... 1fi7(\_71 1Q71-72 ... .. . .... ... ... ... ... ... 1872-73— ... 1873-74— .... 5,359,722,000 6,003,335,000 5,993,586,000 272,841,000 4,018.464,000 £444,443,000 550,622,000 59^.763,000 63u,916,000 942,446,000 1,032.474,000 970,945,000 £132.293,000 142,210,000 148,822,000 169,141,000 233,843,000 243,561,000 260,072,000 total amount of bills, cheques, &c., paid at the Clearing during the year ending April 30,1874, shows therefore a decrease of £9,749,000 as contrasted with 1873. The payments on Stock Exchange account days form a sum of £970,945,000, being a decrease of £61,529,000 as compared with 1873. On the other hand, the amounts passing through on the 4ths of the month for 1874, have amounted to £272,841,000, showing an increase of £6,876,000 over 1873. The payments on Consols account days for the same period have amounted to £260,072,000, giving ah increase of £16,511,000 over 1873. I am indebted to Messrs. Derbyshire & Pocock, the inspectors of the Clearing House, for the above figures, which will, I think, be interesting to many of your readers. The House nearly all Continental 'cities, and especially on' Paris, the rates are rather lower. United States’ Government securities have been in steady request for investment, and the quotations have ruled firm. Erie shares, which were at one period firmer, have recently been dull, there being no disposition to purchase them in the present state of uncertainty. It is to be hoped that President Watson and the accountants who are about to proceed to New York, will thor ¬ oughly investigate the accounts and set the matter right with the public, and thus prevent in future the continuous issue of circulars, which, by the bye, can only be got up at a great expense Bills crops of cereals, we ought to have au There have been some sharp frosts at abundant yield of produce. night, but as the weather has of late been very dry, no injury has been done, and there is still a belief that the crops will be early. In consequence of the favorable harvest prospect the corn trade has been greatly wanting in animation during the week, but as the supplies Of grain offering are limited, a decline of only one shilling per quarter has been occasionally submitted to. The quantity of wheat now estimated to be afloat to the United Kingdom amounts to 1,188,003 quarters, against 19G,000 quarters last year. The following figures show the imports and exports of cereal produce into and from the United Kingdom since harvest, viz., from Sept. 1 to the close of last week, compared with the corresponding periods in the three previous years: On fourths On St’k-Exchange On Consols account daj*s. settling days. of the month. £147.113,000 161,861,000 168,523,000 186,517,000 229,629,000 265,965,000 £3,257.411,000 3,534,039,000 3,720,623,000 495 IMPORTS. 1873-74. m Wheat Cwt. 28.310,696 6 294,151 6,248,527 1871-72. 1870-71. 2,966,9.-6 10,274 253 Oats Peas.... 27,365,719 8,974,153 6,266,982 534,845 2,374,151 12.534,202 4,392,197 Barley 4,699,678 2,170,280 9,923,996 3,151,094 2,630,741 86,768 702.039 Beans Indian Corn Flour,. 21,752,550 5.391.139 6,748,742 412,416 1,219.118 EXPORTS. Wheat 168,621 11,761 2,047,713 14,389 11.810 99;262 5,997 1,223 25,679 88,687 7,420 5,001 20,647 [1,237,201 47,001 16,742 56,980 100,793 Barley 1,615,910 229,117 71.831 9.585 2.256 cwt. 14,634 48,5*22 1,294,960 Oats Peas Beans Indian»Corn Flour The public sales of Colonial wool were* commenced on Tuesday. Mr. Helmuth Schwartze, in his circular dated yester¬ day, states that tho following [are the arrivals in time and the quantity catalogued up to date: Catalogued up to date (bales.) (bales.) 52,787 4,777 13,376 117,446 Sydney Phillip Port Van Dieman’s L’d 9,012 Adelaide *85,995 Swan River 3,915 257 New Zealand Cape .... Of the above 293,380 bale?, 41 Sundries 4,924 , Catalogued up to date. (bales.) (bales.) 40,106 1,961 34,119 4,134 •Arrivals, Arrivals, on have been scarce, and 1872-73. 30,556,815 11.085,379 6,554,249 922,910 1,721,180 13,379,665 Total 29,470 293,380 13,000 hales—8,000 Cape and 5,000 Australian—were forwarded direct to Yorkshire and the Con¬ 280,000 bales for disposal in this market. Heavy supplies were expected, hut the actual arrivals consider¬ ably exceed even the largest/.estimates, and in the rather indifferent condition of the trade this exceptional accumulation of wool has not failed to produce a corresponding depression in The falling-off in the traffic has, no doubt, had some effect in de¬ prices. Phillip and Sydney fleece rule 2d. lower than at pressing the market; but an improvement in this respect is the closePort March of the series, the decline being strongest in the naturally anticipated when the country has fully recovered from case of inferior faulty lots, of which there is a plentiful supply. the effects of last autumn’s financial crisis’ In Atlantic & Great The fall is less marked in scoured sorts, especially where clean Western securities very little is done, and Illinois Central shares shafty wools are concerned, and still more moderate in greasy are rather lower; but other American railroad bonds are firm in value. The following were the closing prices of Consols, and the kinds, which sell but ^d. to Id. below March quotations, and even reach them occasionally. On washed cross-bred there is a strong principal American securities at to-day’s market: decline (2d. to 3d.); on greasy, however, only about Id., owing to Consols 93 © 93# United States 6 per cent 5-20 bonds, ex 4-0 xd.l03%@10 i# a fair amount of foreign competition. Cape wool shares in the do 1865 issue, xd.l()6#@106# fall to but a very slight flfegree. Prices rule somewhat in favor do 1867 issue, 109 @109# do 5 per cent. 10-40 bonds, ex 4-0 104 @104# of buyers, but in not a few cases former rates are obtained, do 5 per cent Funded Loan, 1871, ex 4-0 xd.104 @104)4; particularly for scoured. Atlantic and Gt West., 8 per cent. Debent’s. Bischoffsheiin’s ctfs @ Ditto Consolidated Bonds, 7 per cent.,Bischofi8heim’s certificates. 20 © 22 The attendance of buyers is good, and at the stated reduction Ditto 1st Mortgage, 7 per cent bonds 59 @60 Ditto 2d Mortgage^ 7 per cent bonds 38#© 39# there is fairly animated competition. To alleviate tho pressure \ Ditto 3d Mortgage 18#@ 19# of the heavy supplies and afford the trade longer time to work Erie Shares, ex 4-0 32#© 32% do preferred 51#@ 52# them off, the committee of importers have decided to fix the Dittos per cent. Convertible Bonds, 94 @95 commencement of the third series as late as the 18th August Ditto 7 per cent Consolidated Mortgage Bonds 88 © 89 Blinoi8 Central Shares, $100 pd., ex 4-0 Illinois and St. Louis Bridge, 1st mort Massachusetts 5 per cent, sterling bds, 1900 New Jersey United Canal and Rail bds New York Central $100 shares Panama Gen. Mort. 7 per cent, bonds, 1897 Pennsylvania Gen. Mort. 6 perct. bds, 1910... Virginia 6 per cent, bonds, ex 4-0 . 90 © 91 98#@ $9% 96 @ 98 101 87 95 .... @102 @ 8!) @ 97 98#@ 99% © 40 cent per annum, and participating in the further profits of the undertaking after payment o f £12 per cent per annum on the deferred shares, redeemable within twenty years, by annual drawings (commencing not later than 1878), at £10 per cent premium on the amount paid up per share, or at the option of the holder, exchangeable for deferred shares. The company is formed with tho object of acquiring and developing a freehold estate of 750,000 acres in New Mexico. The weather, as we have already stated, has been remarkably brilliant, though somewhat cold, owing to the prevalence of easterly winds. Vegetation has, nevertheless, made steady pro¬ gress, and, if it bo true that a cold spring is favorable for the necessarily entails the abandonment of the likely to strengthen the market, by stimulating competition and creating confidence in the stability of prices. The present series will last till the 17th June. This measure—which 5th series—is 35 The prospectus has appeared of the United States Land Colo, nization Company (Limited), with a capital of £525,000, in 15,000 preferred and 37,500 [deferred shares of £10 each, the first issue of which will comprise 7,500 preferred shares, bearing interest at the rate of 12 per tinent, leaving about English Market Reports—Per Cable. closing quotations in the markets of London and Liver¬ pool for the past week have been reported by submarine telegraph The daily is shown in the following summary: London Money and Stock Market.—American secuiities are luiet and slightly higher at the close, having been quite steady hroughout the week. The bullion in the Bank has decreased £62,000 during the past week. sat* Jonsols for money “ J. account 93 93# “ 1867 j. s. 10-408 daw 5s 93% 93 93% Thnr. 93% 93% 93% 93% Tues. Wed. Fri. 93% 93% 107 107 107 107 107 199% 1C9# 109% 109% 109# m% 104% 104 104 104 104 109# 104% 104% 104% 104% f.10i% 104% S.6s(5-20s,)1865,old..W7 “ Mon. 93 quotations for United States 6s (1862) at Frankfort were: 98# 98% 98% Liverpool Cotton Market.—See special report of cotton. Ths J. S. 68 (5-20s) 1862 Livemool Breadetuite MarketBreadstuff's close dull with peas Is. Gd., and red winter wheat and California wheat and corn each d. 8. I 28 0 11 6 12 0 (Red Winter)..... 44 12 11 (Cal. White club) 38 0 Corn (West, m’d) $ quai 0 r 41 Peas(Canadian). oua.44 quotations unchanged. 92 Beef (mess) new $ tee... Pork (mess) new^bbl... Bacon (long cl. mid.)^ ci Lard (American) ... 44 d. 6 6 9 48 3 76 0 67 43 44 -- Tues. s. d. 92 6 67 6 43 9 43 0 76 0 - d. 6 6 6 0 0 s. 92 •67 43 48 76 Fri Thnr. s. d. 9*2 6 67 6 44 0 48 0 76 0 Wed. advanced in price. ave 44 TallowfAmerican)...$ cwt. CO CO 38 Cloverseed (Am. red).. “ 37 11* 11* n,V 33 3 38 3 CO 3 38 3 33 3 Sat. 92 67 44 48 76 lower ; Lins,dc’ke(obl).^ tn 10 Linseed(Calcutta).... Sugar (No. 12 D’cb std) on spot, $ cwt Sperm oil. T.... 38 ton 105 Whale oil 44 33 Linseed oil*.. 44 28 . .. 15 0 62 3 s. d. 10 15 62 0 3 25 6 25 6 £ 25 6 s. £ d. d. 9 0 0 6 14 1 H* 11* 11* 38 33 Fri. 8. 38 as 3 3 38 3 3 3 37 0 37 0 30 0 37 0 Wed. £ s. d. 10 15 0 62 3 3s. declinedTues. Mon. 10 15 0 "-'’62 3 d. p. 37 0 30 0 37 0 0 £1, and linseed oil lias also £ 6 14 1 d. 6 6 6 0 0 8. Thur. s. d. 6 9 14 0 1 0 s. Thur. £ s.d. 10 15 0 30 0 30 0 29 6 Oil Markets.—Linseed cake has 44 London Produce and - d. 9 0 0 s. Wed. d. 6 9 14 0 1 0 Tues. s. d. 6 9 14 0 1 0 Mon. Sat. s. d. Rosin (common)... $ cwt.. 6 9 “ 13 0 fine 44 Petroleuuifreflned).... $ gal1 1 0 Spirits turpentine s. 8. Market.—Spirits turpentine is 6d. (spirits} Frl. d28 0 11 3 « 12 12 8 3 37 42 6 Thur. d. 28 0 11 4 12 0 12 9 37 3 41 6 Wed. s. d. 23 0 11 4 12 0 12 9 37 6 41 6 -- Tues. d. s. 28 0 11 4 12 0 12 9 37 9 41 6 - Mon. s. d. 92 6 67 6 43 9 48 0 76 0 Sat. s. 1078 lower. Market,—Bacon is 9d. higher, with other Liverpool Provisions Cheese(Amer’n fine) 2d. higher, and red Western Mon. s. d. 28 0 11 6 12 0 12 1L 38 0 41 0 Sat. 44 29 6 declined Fri. s. d. 10 15 0 £ 62 3 3 25 6 25 6 62 25 6 105 0 0 105 0 0 105 0 0 105 0 0 105 0 0 0 0 33 0 0 33 0 0 33 0 0 33 0 0 33 0 0 6 0 28 3 0 28 3 0 28 3 0 28 3 0 23 3 0 0 0 ~COAlVi^ROlAL AND MISCELLANEOUS NEWS. Imports and Exports for the Week.—The week show a decrease in dry goods and an increase in chandise. The total imports amount to against $6,537,995 The exports are week, imports this ceneral mer¬ $6,515,037 this week week. last week, and $7,228,874 the previous $4,454,367 this week, against $5,736,887 last and $7,295,229 the previous week. The exports of cotton the past week were 2,573 bales, against The following are the imports at New (for dry goods) 6,834 bales last week. York far week ending May 7, and for the week ending (for general merchandise) May ft: FORE ION • FOB THE WEEK. 1872. 1873. IMPORT8 AT NEW YCRK 1871. Total for the week.. Previously reported.... report of the dry goods our $1,417,735 $7,425,926 $6,561,621 $6,387,442 163,124^39 $6,515,037 144,711,176 163,388,502 l37;074.773 $143,636,394 Since Jan. 1 $1.2S6,754 5,228,921 4,765,719 General merchandise... 1874. $2,197,065 $1,795,812 Dry goods In $170,814,428 5,100,688 5,097,302 $169,512,081 $151,226,213 trade will be found the imports of 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 week ending May 12 : EXPORT8 FROM NEW YORK $4,306,496 $3,741,808 86,085,777 For the week Pi eviously reported.... 77,159,135 1873. May May May May 94,641,825 $100,640,533 American silver coin.. Bank notes and gold... 1874 I been as follows: May 4-Bark Rockett May 5—Str. Cuba $13,758,549 Same time in1869 1868 1867 1866 $19,079,003 | 14,827,433 | 28,026.292 j 9,490,414 | The imports of specie at this port 5—Str. Perit. $11,340,341 25,849.903 11,161.843 8,200,711 during the past week havo Curacoa Silver Vera Cruz. ..Silver Gold .. 7—Str. City of New fork $15,482 Gold Silver 3,600 3,000 Bermuda Havana 217,021 $252,559 1,234,079 Previously reported , 1, 1874 .... 1670 I $1,486,638 Same time in — $1,657,739|1869 , 649,02111868 3,009,745 ! 1867 6,888,327 | ■ $8,610,041 2.826,330 1,025,521 authorized by the Committee further to settle 100 & Co., the was withjthe creditors A Put price of the stock. distance from the market shares, including commission, will cost $106 25, Double issued at the DOUBLE. PITTS. Lake Shore.... Rock Island... Below. 2 2 2 £. 2K 2K SK 3K .... DOUBLE. CALL8.Ab’ve& Below. 2 3% 2% 2K .... c. c. & r. c Above, below. ‘> Pacific Mail 1 Union Pacific... ... ... ... 2* 2* 2* 3H 2V 3* *k 2K 2K 2K 2K ... j Erie... j».Union. Westein 2 IK .. | N. J--. Central 2% 2X .... .... rates. PUTS. bove. below. N orthweotern Wabash 2% IK St. Paul Ohio & Mississippi. 1 . same 1 CALLS.Ab’ve& .... Call on and for a or Privilege Certificates Privilege the cost will be $212 50. for less than 100 shares will be 3 L 2K 3K 2X of the last number of the Wall Street Reporter, con taining a full report of the operations of the past week, and explaining how large profits are made in stock speculations, with but a small risk of loss, by investing from $50 to $100 in Puts, Calls, or Double Privileges, will be mailed free, to any.address. A copy COTTON CONTRACTS Advances made Collaterals. on Bought and sold on Commission only. and approved Stock Exchange Cotton R. M. WATERS & CO. 56 Broad st BUY or SELL HASSLER & CO., No. 7 Wall utreet. N. RAILROAD BONDS.—Whether you wish to ^rite to Tumbridge & Co., Bankers and Brokers, corner New York, negotiate Puts or for 100 shares (30 days), at the stocks: PUTS. Be ow. May 15, 1874. N.Y. Central. IK Lake Shore... 2 West. Union.. 2K Wabash2K IK St. Paul ... As to the proposed settlement of Messrs. Jay Cooke it has been reported in the newspapers that after declaring dividend of 5 per cent. “ it is also understood that the trustee — CO., Stock & Privilege Brokers, 48 Broad street, New York, having contracted with responsible parties,can, for the coming week, negotiate S^ock Privileges at the following L. W. HAMILTON & 13,456 Total for the week Total since Jan. Same time in— 1873. 1872 645,250 11,230,486 Previously reported May 3,340 $2,528,063 Total for the week May 20,000 American gold coin 15,000 Gold coin & silver bars. 608,754 U. S. silver coin 3,000 U. S. gold eoin BANKING AND FINANCIAL. 96,245,837 Spanish Doubloons.... 23,781 American gold 883.488 Silverbarsand Am.g’ld. 191,500 7—Str. City of Havana.Havana 9—Str. Celtic Liverpool 9—Str. Algeria Liverpool 4—Schr. Rebecca Ann.Ponce, P. R 5—Brig Clarabelle Arroyo, P. R 7—Str. Thuringia Hamburg 9—Str. Colon Aspinwall Guayaquil 9—Str. Neckar London Total since Jan. 1, Same time in— 1873 1872 — $4,454,367 7,600 Mav 3-10 1874. $5,998,713 $100,700,204 The following will show the exports of specie from the port of New York for the week ending May 9, 1874, and since the beginning of the year, with a comparison for the corresponding date in pre^io^s Years: m May 5—Str Colnmbns Havana American gold $58,747 May 5—Schr. Samuel Ward.Gov’nr’s Harbor. American silver coin... ~ 200 May 6—Str. Scotia Liverpool 67,400 Silver bars American gold coin.... $80,900,943 $90,392,273 Since Jan. 1 the following terms : 50 per cent, in the Northern Pacific ~ gold bonds, at 70 cents on the dollar; 18 per cent, in the Oregon Steam Navigation Company’s stock, at 40 cents on the dollar; 7 per cent, in first mortgage bonds of the Lake Superior and Mississippi and other railroad companies, at from 70 to 75 cents on the dollar ; and 10 per cent, in the 10 per cent, income bonds of the Lake Superior and Mississippi Railroad Company at 40 cents on the dollar. It is proposed by the trustee and commit¬ tee to make a further cash dividend of 10 per cent, as soon as it can be realized from the remaining assets, thus settling with the creditors in full. Upon this beiDg carried out the creditors will receive 15 per cent, in cash and 85 per cent, in securities at tba rates given above. —The tendency of the wholesale dry goods trade to remove up town has been checked^ by the erection of the elegant block of warehouses on Duane, Church, and Thomas streets. The promi¬ nent commission house of J. S. and E. Wright & Co., have removed from the corner of Church and Franklin streets to the commodious stores Nos. 71 and 73 Thomas, and 117 and 119 Duane streets, and their lead will very possibly be followed by many other of the large houses in the trade. Messrs. J. S. and E. Wright & Co., are the agents of the Pepperell, Bates, Putnam Columbian and Renfrew Manufacturing Companies. The Andros-* coggin, Continental, Cordis, Palmer and Warren Cotton Mills. The Laconia, Franklin, Thorndike, Boston Duck and Otis Cem* panies. The Otis, Lowell and Troy Hosiery Manufacturing Com¬ panies, and the Oriental Print Works. —At the meeting of the stockholders of the Delaware & Hudson Canal Company, on Tuesday last, the following gentlemen were elected managers for the ensuing year: Charles N. Talbot, John Jacob Astor, Abiel A. Low, Thomas Cornell, Robert Lenox Ken¬ nedy, W. J. Hoppin, James M. Halsted, J. Pierpont Morgan, Legrand B. Cannon, George Cabot Ward, James R. Taylor, Robt.* M. Olypbant, and Thomas Dickson. Mr. Thomas Dickson was then unanimously re-elected President. The board, as consti¬ tuted above, includes the names of some of our most prominent business men, and in point of prestige ranks very high. We call the attention of our readers to the card in to-day’s issue of the new firm of H. J, Morse & Co. Mr. Morse is a mem¬ ber of the Stock Exchange, and has been in business in the street for many years. Mr. A. B. Lounsberry, his partner, was formerly connected with the Dsvoe Manufacturing Company as castiier. The firm propose to do a regular banking and stock commission business, and solicit orders for the purchase and sale of stocks, bonds and gold from out of town parties. —Mr. George K. Sistare is offering any part of $350,000 of New York County 7s, due in 18^3, at lower prices than those which Lave ruled at times during the past few months; he is also offering Brooklyn Park bonds, fifty years to run, and both these first class securities will proDably attract the attention of financial corporations and other conservative investors. —Mr. Joseph U. Orvis of this city has just returned from Endland after negotiating several loans for various corporations. He reports abetter feeling among the European capitalists towards American investments of the highest class, but no disposition at all to invest in unfinished railroad enterprises. He has been absent on his foreign tour about six months. upon FOR THE WEEK 1872. 1871. May May May [May 16,1874. THE CHRONICLE 493 ... ... .. ... Broadway and Wall street. Calls on stocks costing $50 for 50 shares, $1W following rates from the present market price or SPREADS. SPREADS. calls. Ab’vete PUTS. CALLS. Above, below. Below Above, 2Y 2K lie 2H I* 2K 3K 2K Ohios Union Pacific. 4K 3 C., C. & I. C... 3* 2% 2\ Pacific Mail... Erie W 2 Thirty-two page explanatory pamphlet ... ... ... ... 2K mailed on application. s* A b’ve& below. • t* SI <0>a?£tte. <alf)£ Hanker’ D I V I » EN D S 497 CHRONICLE THE 1674 J May 16, Range since Jan. 1.Highest 2 117 Apr. 120* Feb 115* Jan. 122 117 Jan. Apr. 118* Apr. 112* Jan. 114 Jan. 120* Apr. Jan. 115 121* Apr. 120* Apr. 114* Jan. 120* Apr. 114* Jan. 114 Jan. 120* Apr. 115* Mch. 110* Feb. 1 In* Feb. 112* Mch. Jan. 117* Apr. 114 5s, funded 1881....coup.. 6s, 1881 reg.. 6s, 1881 coup.. 6s, C-20’8, 1862......coup 6s, 5-20’s, 1864 coup.. 6s, 5-20’s, 18r»5 coup., . . •The following Dividends have been declared daring the past week: When Per Company. P’able. Cent. Closed. Books Railroads. - 4 May 1 Miscellaneous. coo....... . Auania Rankers’ & .Tune 1 May 18 to June 2 May 15 May 12 to May 16 $2 ........ 8 Brokers’ Association Friday, May 15, 1874—6 The money 5-20’s, 1865, 5-20’s, 1867 5-20’s, 1868 10-40’s 5s, 10-40’s 6s, Currency 6s, 6s, 6s, 5s, market and Financial new coup.. coup.. coup.. reg.. coup., reg.’, ,—Amount April U. S. 6s, May May 30. 8. 15. 106* 106* 5-20’s, 1865 28 10 29 29 29 15 > Coupon. $176,797,450 $138,177,500 193,173,750 89.562,600 16,610,100 25,946,300 29 56.777.000 151,654.400 33,946.500 118,744,600 145,856.100 30 29 27 28 2 87,786,250 222..'08 150 13.878,000 23,596,000 33.789,750 141,103,000 53,464,300 64,623,512 as follows : Since Jan. 1. Highest. |, J Lowest. 106* A pi. 22 107 May 1. Registered. Closing prices of securities in London have been P. M. Situation* — Tlie —. Lowest. 111 Jan. Feb. 19 110 107* Jan. 5 110 Feb. 19 109* 109* 6s, 5-20’s, 109* market has shown a further tendency to extreme ease, U. S. 5s, 10-40’8 1867 U. 8. 104* 104* -103* Fob. 16 105* Jan. 24 104* 10! 102* Jan. 15 104* A pi. 13 104* 104* and money has been loaned in some cases at 1 per cent, the pre¬ New5s ying rates having been 2@4 per cent on all good collaterals, State and Railroad Bonds.—Tennessee and Missouri yhe lack of demand for money either for'speculative or legitimate bonds have been the most active in this market, the latter being trade purposes, is, of course, the immediate cause of the accumu¬ in fair demand for .investment. The Comptroller of Tennessee lation of funds in bank and the prevailing ease in the market. gives notice of the payment of the interest due in July on the The passage of a new currency bill in the U. S. Senate yester¬ funded and registered bonds. The whole amount of bonds for which the State will ultimately be liable, excluding tbe debts of day is one of the features of the week, although it is premature solvent railroads, is about $22,000,000, and of this amount over at this time to say much in regard to its details, in view of the $4,000,000 had been funded and some $12,490,000 had been regis¬ uncertainty as to whether it will ultimately become a law. Many tered up to tbe 4th inst. The registered bonds are those which have been presented for examination and received the official of the provisions of the bill are'[similar to those of the banking certificate which entitles them to the payment of interest the and currency bill of the House, and the same objection is urged same as funded bonds. These are bonds not yet due, aud there¬ to the section which provides for the withdrawal of all the re¬ fore not yet fundable. The Virginia Board of Finance has resolved to pay two per cent oh the six per cent, and one and two-thirds on serves of National Banks from the redemption cities to their own tbe five per cent stock issued under the act of March 30, 1871, vaults, that it would make a contraction at the money centres. and the like rate upon two-thirds ot the face of the stock not As to the general foreign trade of the whole country the funded. They also passed a resolution that payment at the same following, from the monthly statement lately issued by the rate, for interest due July 1, 1874, wiil be made as soon as the Bureau of statistics at Washington, is of interest. The figures condition of the treasury will warraut it, of which due notice will be giveD. are for the month of January and for the seven months ending The inquiry for railroad bonds runs on the old and well known Januarywl, being the first seven months of the U. S. Fiscal issues, and there are but few transactions in the bonds of less established character. The following were sold at auction: \\ year: Domestic exports, Foreign call loan Imports. (specie values.) 3fonth ended January 31, 1874 $44,235,492 $(<5,115,913 $1,900,323 January 31, 1874 55 411,252 61,011,914 360,837.772 329,306,257 1,832,44! 12,837.469 15,970,897 Periods. Month ended months ended January 31,’74 329,496,105 Seven months ended January 31, ’73 379,190,969 Seven The amounts of the exports. foregoing which consisted of merchan¬ months $5,000 Forty-second Street and Grand Street Ferry Bailroad Company 1st 95 mortgage 7 per cent bonds, imerest April and October... 75 58* shares Real Estate Trust Company. $100 each 77 shares Chicago, Iowa and Nebraska Railroad Company, $100 each 60 20 shares Iowa Land Company, $100 each 25* $95,003 Mobile and Alabama Grand Trunk Railroad 1st mortgage 8 per cent gold bouds, due Jan. 1, 1900. Eudorsed by the State of Alabama..35 dise, and specie and bullion, respectively, for the seven ended January 31, 1874 and 1873, were as follows : Closing prices daily,and the specie values. Foreign. Exports $30,384 956 $3,160,605 307,039,616 364,804,521 330,452,816 276,591,196 9.696,864 9,316,8!3 14,386,448 52,715,061 6,654,084 Imports. Specie and bullion, 1874 $22,456,489 Merchandise, 1874. Merchandise, 1873 Specie and bullion, 1873 — The market for commercial paper is rather easier, and quota¬ 5@6 per cent for prime paper, with a small supply ot that class offering. Cable advices from London on Thursday reported that the bul¬ lion of the Bank of England decreased £62,000 in the week, but there was no change in the discount rate. The last statement of the New York City Clearing-House banks on May 9, showed a further increase in legal tender reserve, the excess above the 25 per cent requirement being $17,313,375 agains* $15,149,825 the previous week. The following table shows the changes from previous week and a comparison with 1873 and 1872 : tions are May 9. Domestic Exports May 11. GsTenn., old 6sTenn.,new 6s N. Car.,old.... 68 N. Car., new 83* *83 *21 •83* *21 *21* 6s ‘32 *32 * *51 *31 *51 *11 *11 Virg., old do do consolid. **5U% deferred. *11 4sS.C., J. & J.... *1* 6s Missouri Cent. Pac., 95 •94* * This is a 105* the price bid. *3l *51 io% *<15 * 91* 85* 79% 84* *31 *51 *10% 8* *95* 6 9 Feb. 17 10% May 13 7 Apr. 28 90* Jan. 2 21* Mch. 21 Jan. 42 94% 92* Jan. 3 85* *79 79% *10) 85* *79* .... ... 81* Jan. 75* Jan. 73% Jan. 2 3 96* Jan. 14 87 Apr. 7 50 101 ... Jan. 30 53* Jan. 27 11% Feb. 13 Jan. 12 Mch. 2 11 96 85 89 (I Mch. 31 Mch. 27 5 105 Apr. 7 3 109 Apr. 2S Jan. 27 106* Mch. 19 Jan. 6 105* Apr. 11 Jan. 10-2% Feb. 106 .... 104 101 .... 105* *105* *1C6 *105* no sale was Jan. *94 *107 *107 *103 *105 16 40 *10% *3 96 *101 101 *100% *83 *.0* 79 79 made at the Board. and Miscellaneous Stocks.—There has been but Railroad a *107 83* * 15. *o3 *21 •8* 36 80 34* 86 80* 84* 14. S3 * *31 *7% 95* 94* *95 Un Pac., 1st 85% do L’dGr’t *8* do Income. 85 Erie 1st M. 7s *101 N. J.Cen.lst 7s.. *105 Ft Wayne 1st 7s. Rock laid 1st 7a... *83 *7% 91% gold.. •S3* 83* Since Jan. 1. , Lowest. Highest. 8 91% Mch 11 Jan. Jan. 9 91* Mch. 20 20* May 1 29* Jan. 24 May May 13. *81 83 *21 12. since Jan. l,have been: range May; M»y moderate business in stocks, and prices have fluctuated within narrow limit. The best prices of the week were made on Mon¬ day, when considerable strength was shown, but subsequently influence of “ bear ” attacks and there was some strength shown early, tbe market fell off under the prices ruled lower. To-day but afterwards prices declined a fraction and tbe closing tone 1874. 1872. 1873. was weak. Tbe market is undoubtedly controlled to a large May 2. Differences. May 9. May 11. May 10. extent by speculative cliques or combinations, but it lias been Loans anadia. $286,574,300 $286,503,600 Dec. $70,70C $274,(.87,900 $285,002,(01 Specie 21 639,600 27,305.500 Inc 2,665.900 20,261,600 20,005.100 comparatively seldom of late years that the stock market has been Circulation..., 26,889,600 32.600 26,922.2u0 Inc.. 27,523,500 27.714,*Oo in any other condition, and under the present circumstances of Net deposits.. 234,401.500 236,236,700 Inc.. 1,835,200 202,810,100 217.267,500 business a market supported by outside purchasers is hardly to Legal tenders. 55.833.000 55,798.000 Dec. 35,000 41,944,3U0 47,305.60o be looked for. Railroad earnings for the latest period reported , . United quite a States Bonds.—Government securities have shown moderate business during most of the week, but with the greater firmness in gold to-day, they became more active The principal purchasers have bought for home accouut, but there have al*o been some transactions the part on of foreign bankers of considerable amounts, chiefly for London account. Closing prices daily have been as follows: May Int. period. May May 9 11. 12. May 13. 115* *115 May 14. *115 May 15. 5a, funded, 1881, ..coup. ...Quarterly. *115% *115* *115* 6s, 1881 reg. Jan. & July. *11924; *119* 119* *119* *119* *119* 120 68,1881 121* *121* 121* 121* ....coup. .Jan. & July. 12154: 6s, 5 20’s, 1862 *115 coup. .May & Nov. *115^ *115* *115* 115 115* * 117 *117 68, 5-20’8, 1864 *116% *116* *116% *117 coup. .May & Nov. *113 6s, 5-20’8, 1865 *117* *117* *117*^*117* coup. .May & Nov. *118 6s. 5-20’s,1865 new,coup. Jan. & July. *119% 119* 119* 119* *119* 119* 6s, 5-20’s, 1867.... coup. Jan. & July. 120* 120* 120* 120* 120* 120* 6s, 5-20’s, 1868 120* 120* *120* *120* coup. .Jan. & July. 120* *120* 5s, 10 40's...* reg. Mar. & Sept. *114% -*114* *114* *114* *114* *115* 58, 10-40’s 114% 115* 114* *114* 115 coup. .Mar. & Sept. *115 , 6s Currency * will be found below. reg. .Jan. <fc July. *116% This is the price bid, no salt was aiade at The range in of bonds 116* *116* no* 116* the Bourd. prices since Jan. 1 and th& amount of each cl&Bfe were ad follows? outstanding May 1 1874, *116* The daily highest and lowest prices have been as follows: Saturday, May 9. N.Y.Cen.&H.R. Harlem Erie Lake Shore.... Wabash Northwest do pref. Rock Island... St. Paul uo nref.... At.& Pac.,pref. Ohio & 98 129 98* 129 36* 36% 75* 39* 42* 61* 9"% 33% 55 14 24 Bost., H.& E.. 1% 76% 40* 43% Monday, May 11. 98* 98* 128* 123% 85" 36% 76% 77% 39% 40 % 43% 44% 62 63 97* 34* 97* 55 55 63 93% 34* 85* 55 14 14 34 21% 1% 24% 1% Central o: N.J. •105* 106 *105* 106 Del.,L. & West 107* 107* 107% 108 28 27 Han. & St. Jos. 26% 2 * Union Pacific.. 29* 30% 30* 30% Col.Ciiic.& l.C. 20% 20* 19% 20* 103 r* Panama 108* 108* 7’ % 72% West, Un. Tel. 71% 72% 29 *23 29 Quicksilver.... *24 34 *28 do pref. Pacific Mail.... 44% 45* 44% 15% IfO 100. 100 Adams Exp.... 100 ' American Ex.. *h2% 63* united States.. *67 Wells, Fargo.. v Tuesday. Wednesday , Thursday May 14. May 13. May 12. 9.% 98 97* 9S 97% 97* 128 *127 *127* 129* * 127% 128 35% 35* 35% 35% 35% 85% 76 74% 75* 75* 76* 7*% 86% 3:% 38% 39* 37% 39 42 41% 42% 42* 42% 42% 6l 60* to* 60* 60* 6* 97* 96% 9? 96% 96% 97% 83% 33% 33% 34% 83* 34% 53 53 53 52% 58 53* 63 •75* 76* This is the price bid and » 63* 67% 67* *75 80 asked: 22% 14 24 .... 22% *1% 1* 105* 105* 107% 107% 27 28 28% 29% 19% 20% 106* 107* 70% *24 71* 29 35 .. 23% •28 19% 29* 19* 106 106 70% 71* . . 63* 67% *75 80 *75* 76* no sale .... 75* 76% 87% 8*% 42* 43* 60% 62 97 97% 33% 34% .... • • • • .... . 23 23% 24 .... *99 *62 *67 43% 44* 22* 128 123 3 % 33 1* •1% *1% •1% 105% •>105 105* 105% 105% *105 107% 107% 107% K'7* 107* 107% 25 2h% 26* 26* 27% 27* 35% i^% 43% 44% *99% 102 *6 * 62* *67% 67% * . .... Friday May 15. 97* 97% , 26% 27% 19* 20 105 105* 69% 70* *21 80 42* 27 30 43% 100% 100* *6i% 63 •67 67* *74 75* made at the Board. 26% 2«% 19 19* 106 106 7 % 71% 23 25 .... .... 42% 43% 101% 101% 61* 61* * 68 75 <? THE CHRONICLE 498 The entire range from Jan. 1,1873, to this date was as follows : -Jan. 1, Lowest Lowest. Highest. 106% Feb. 4 77% Nov. 90 Sept. 19 140 Apr. 1 Central of New Jersey. 98 Jan. 3 Del., Lack. & Western Jan. 2 99 25 Hannibal & St. Jo Union Pacific 26% 18% Col., Chic. <& I. C Panama 101 Western Union Tel.... 68 22% Quicksilver do pref: Pacific Mail. Adams Express American Express United States Express. 30 , 37% 92% 58% 66% 69% Wells, Fargo & Co The latest railroad 75% Jan. Feb. Feb. 85 94 Nov. 117% Mch. 62% Apr. 80% Oct. 21% Nov. 43% Nov. 79% 38% Jan. 49% 1 Nov. 12 10% 3% Jan, Nov. 10 106% 109% Feb. .10 85 112% Feb. 10 79% Nov. 1 106 Jan. Jan. Jan. 21 Feb. June Nov. 15 21% Oct. 14 10 earnings reported are as follows: Roads. 1874. Bur.,C. Rap.& Minn. Month of Apr. Month of Apr. Chic., Danv. & Yin. Month of Apr. Chic., Mil. & St. P.. 1st week of May. Chic. & Northwest. 1st week of May. Cleve., Col. Cin. & I. Month of Apr. Illinois Central Month of Apr. Indianap., 131. & W.. Month of Apr.. Month of Apr. Kansas Pacific Michigan Central.. 1st week of May. Mo., Kansas & Tex.. Month of Apr. Mobile & Ohio Month of Apr. Ohio & Mississippi.. Month of Apr. St. L., Alton & T. II. 1 st week of May. do branches. Month of Apr. fet. Louis & Iron Mt. Month of Apr. St. L., Kans. C. & N. 1st week of May. St. L. & Southeast.. Month of Apr. Toledo, P.&Warsaw 1st week of May. Tol., Wab. & West. 1st week of May. Month Jan.l to latest date. 1873. 1874. earnings reported.- Mch. of Month of Apr. 1873. $99,786 84.692 $94,261 $1,678,503 77,387 362,224 1,132,000 1,129,463 3,667,026 195,935 . 45,628 39,132 200,600 134,103 2,830,845 237,753 221,659 4,248,976 342,248 405,905 1,314,543 580,921 553,912 2,266,480 582,647 150,036 121,045 292,143 352.298 886,695 140,003 2,632,411 142,186 214,000 258,871 954,980 134,954 227,276 817,197 299,805 338,708 1,102.096 406,944 19,236 25,731 161,977 48,452 41,254 636,111 207,627 160,901 43,232 52,014 796,072 93,997 103,333 413,315 395,221 29,064 23,485 90,725 101,330 1,719,183 687,026 708,257 1,915,732 313,571 79,117 70,975 $1,684,829 304,930 3,650,530 185,527 2,022,079 3,740,657 1,609,177 2,414,341 427,383 998,358 2,523,767 940,622 1.065,879 1,252,668 489.454 195,037 729,964 923,997 402,762 378,764 1,794,558 1,724 015 226,598 Lapsley & Bazley, Brokers, 74 Broadway and 9 New street quote stock privileges, $109 for 100 shares, 30 days ; $150 to $200, 60„dav8 (on Members New York stock Exchange or responsible parties), at the following dis tance from the market. Puts below. May 15, 1874. Gold for % bonus.. W. Union Tel Pacific Mail N. Y. C. & Hud... Harlem Erie Lake Shore Northwestern...... The Gold Rock Island Mil. & St. Paul. Y 2 3 @3% @i 1%@2 2%@4% 1%@2% 3 4 Y@2 @5 «i6 2%@4 2 @3% 3%@5 lfc@3 1*@234 2 Puts below. Calls above. @3 l Calls above. %@2% 2%@4% 2%@4 2*@3% J%@2% 1>2@2% .. Wabash 1\@3 Ohio & Mississippi. ;Y@l% Union Pacific 1%@2% Han. & St. Joseph. 1 Y@2>i C., C. & I. C ' a @3 2%@3% 2% ©4 1%@3 Market.—Gold lias been dull at 2 lower range of On Wednesday the market fell off to lllf, but lias since stronger, and closes to-day at 112$ after selling at 112$. The firmness of to-day seems to have been based on tlie higher rates of exchange and tlie engagements of $950,000 gold coin for shipment to-morrow, not including $290,000 of gold bars shipped in transit from California. Tlie passage of another cur¬ rency hill in tlie Senate yesterday has also had a certain effect in stiffening the price of gold. On gold loans the rates to-day were 3, 2$ and 2 per cent to fiat for carrying. At the Treasury sale of $1,000,000 on Thursday the total bids amounted to $5,465,000. Customs receipts of the week have been $2,351,000. The following table will show the course of the gold premiums each day of the past week : prices. been ratlier -Quotations.Open- Low- High- Clos¬ ing. Saturday, May 9.... 112% Monday, “ 11 ...112% Tuesday, “ 12....112% Wednesday, “ 13. ...112% Thursday, “ 14.... 112% Friday, - “ 15 ...112% est. est. ing. 112% 112% 112 111% 112 112 112% 112% 112% 112% 112% 112% 112% 112% 112% 112% 112% 112% Current week 112% 111% 112% 112% Previous week 113 113 112 112% Jan. 1,1874. to date... 110% 110% 114% 112% The following are the quotations - Total Balances.— , Gold. Currency. Clearings. $36,605,000 $1,108,800 $1,259,416 23,223,000 1,071,252 1,213,303 17,797,000 917,539 1,034,390 37,104,000 1,576.382 1,781,363 48.499,000 2,596,307 2,910,781 31,295,000 1,310,943 1,483,889 1,336,809 in gold for fcieignand AmerL German X thalers Prussian X thalers. German Kronen X guilders Span.sh doubloons $4 85 @ $4 90 3 1-3 @3 88 7 85 8 00 6 50 3 90 16 00 @ @ © 8 00 8 15 6 70 @ 4 20 @ 16 50 Patriot doubloons. 15 50 @ 15 70 American sliver (new).. — 94 @ — 96 silver bars Fine 128%© 129 Foreign Exchange.—The throughout. On Tuesday the and continued at the lower Fine gold bars Dimes and halt dimes.. Five francs Francs English silver Prussian thalers.. par®% -94 @ - 93 @ - - 18%@ 4 80 @ —70 @ Mexican dollars — 99 @ @ Spanish dollars — 93 © Specie thalers 1 04 — — 96 95 19% 4 85 — 72 1 06 1 01 1 00 — market has continued very quiet rates of prime dra wers dropped off figure until this morning, when they were again advanced to former prices, viz., 4*88$ and 4‘91 for long and short sterling respectively. All the leading drawers have been sellers to a moderate extent, and the Bank of Com¬ merce also disposed of a few of the railroad loan bills referred to last week, hut the whole volume of business has not been large. Negotiations for the placing of several other lotus are reported to he pending in London, which may be heard from in a short time. The quotations for foreign exchange are now as follows, and actual business is done pretty close to these rates: 3 4.88 @4.88% 4.85, @4.66% 5.!3%@5.15 5 15 @5 15% 5 15 @5 15% 41%@ 41% 96 @ 96% 41%@ 41% Amsterdam Frankfort Bremen Prussian thalers 96 72 @ @ @, ... 5.10 @5 jiv j 11%@5 5 "mi® ii% 41%@ 41% . Hamburg days, 4-91%@.... 4.91 @4.91% ... Antwerp SwiTs 96%S 41%£5 96% 72% 97 4IV 97* 72%@ 72% The transactions for the week at the Custom House and Sub. Treasury have been as follows: Custom House “ “ “ Gold. 15 Total 559.885 09 270,000 '423,000 303,000 14 $717,683 86 638,200 30 479,000 11 12 13 Payments.Currency Gold. Currency. 488,000 May 9 “ “ -Sub-Treasury.- Receipt*.- Receipts. $388,000 523.670 25 $225,328 45 449,733 73 486,101 63 462,676 56 317,587 27 371,844 48 1,349,829 92 399,757 69 $275,785 57 678,021 13 434,277 42 $322,636 11 477,633 57 1,240.648 15 284,812 87 1,324,359 17 272.410 94 354,506 10 220,730 58 358,416 64 $2,351,000 Balance. May 8.... Balance. May 15.... $54,511,054 74 $40,088,835 81 $53,484,192 10 $41,373,759143 _ New York City Banks.—The following statement shows the condition of the Associated Banks of New York City for tho week ending at the commencement of business on May 9,1874: AVEBAGE AMOUNT r— Loans and OF Legal Banks. New York Manhattan Co Net Circula¬ Tenders. Deposits. Capital. Discounts. Specie. $3,U00,(XiG $10,726,600 $2,617,800 2,050,006 5,556,000 Merchants’ 3,000,000 9,619,r-00 Mechanics’ 2,000,000 6,.28,600 Union 1,500.000 4,972,5(0 1,037.100 574.800 3.857.800 America 3,000,000 8,911,300 1.675.200 2.695.200 8.351.600 Phoenix 1,800,000 846.900 489.500 4.602.700 3.813.900 6,235,81*0 1,889,100 1,000,000 City 796,000 4,434,000 Tradesmen’s 148,51*0 1,000.000 3.315.300 545,400 1.914.600 Fultou... *. 600,000 1,929,090 242.300 879.100 1.530.100 Chemical 300,000 7.983.500 455,600 1,854,300 6.930.100 Merchants’ Exch’ge. 444.800 3,355, f 00 4.6.700 2.928.800 1,235,000 4.026,200 743.300 6F6,3J!0 Gallatin, National.. 1,500,000 2.896.300 Butchers’&Drovers’ 800,000 49,200 2,617,000 474.600 1.903.600 Mechanics&Traders 353.300 600,000 2,0(6,700 18.500 1.274.800 Greenwich 8 i 8,300 128.500 1,0(9,700 200,000 Leather Manuf 600,000 503.300 8,253, !(*0 332.300 2.814.700 Seventh Ward 63.500 500,000 1.185.300 811,200 967,400 State of N. York.. 5,075,000 2,000,000 600,203 1,418,000 4.191.100 American Exch’ge. 1,051.700 11,833.400 5,000,000 1.570,(00 7.827.600 Commerce....'. 10,000,000 955.200 19.476.700 4,093,100 8.635.200 860,500 5,650,000 1,000,000 3.670.100 862.500 Broadway 2 923,2'0 Mercantile.... 114,000 3,651,900 1,000,000 743.300 Pacific 5(8.500 2.193.700 25,000 422,700 1.970.100 5,027,700 1,091,400 205,800- 3.196.100 2,000,000 Republic..... Chatham 217.300 450,000 2,457,56*0 511.600 2.501.100 J ,265,800 181.100 6,600 412,500 1.533.800 People’s North America 221,400 !.773,300 133,000 1.000,000 2.355.800 110.300 Hanover 1.000,01*0 4,585.86)0 957.600 4.218.900 11.000 543,000 5(0,000 2,562,0(0 2,413,000 Irving 1,580,000' 1,232,000 8,54‘‘,(X)0 13,375.000 Metropolitan 4,000,600 tion. $871,700 9,700 873.000 502,200 437.500 1,200 511.500 764,906 414.900 , 1,000,000 1,000,000 1,000,000 Continental Oriental.. 2,000,oco 300,000 2,526,000 3,173.(00 2.572.300 4,(77,300 3,003,400 3,081,5)0 1.502.600 2.402.800 13,434 200 16.336.600 1.2:5,400 843,100 1.114.600 1,000,0(0 400,000 Marine 1,500,000 2,000,000 500,000 Importers’* Trad’rs Park Mech. Bank’gAsso. Grocers’ North River East River Manufact’rs’ & Mer. Fourth National.... 300.000 400,000 350,000 500,000 5,000,000 2,000,000 300,000 1,500,1 GC 50C,( 03 1,000,000 500,000 1,000,0(0 250,0(0 200,000 2,000,000 1,000,000 Central National... Second National.... Ninth National First National Third National .... N.Y.National Exch.. Tenth National Bowery National... New York Co. Nat. American. German Dry Goods 172.300 54 4.600 72.3)0 341.100 6,000 148.100 406.200 1.815.200 47,000 9,500 15.300 22,100 918.800 969,600 362,0(0 805.690 439,890 720,800 ' 423,000 206,(00 135.100 581.700 4.513.600 3.659,100 324.500 125.500 2(1.000 885.800 3,127,400 883,500 477,9(0 851*900 129.900 5,500 286/03 165.900 1,159,000 1,271.000 2.422.300 2,041,400 1,307,000 130,8(10 3.900 370,100 736,600 734,2*0 2,772.5(10 1,696,400 4.900 583,109 1.844.200 1.117.700 2,349,500 4,100 360.000 17.527.200 4s2,700 18,016,200 1.102.800 889.300 S06,2lX) 682,900 971.800 260,900 G46.200 196.100 1,0:0* 4,062,700 1,455,400 1,641,000 33,000 16.955.500 20.203.700 6,470,000 1,86',000 7,353.990 5,636.290 6,666,200 1.373.800 1,755.090 1,2 (4,CU0 1,233,900 1.222.500 4,60:,500 2,146,100 46^,400 19,70U 314*866 994.800 21,690 96.300 3,0,0 25.000 193,000 750,100 2,807*,5t6 472,000 1.908.200 389.500 5,012.000 1,635,0(0 7.383.600 6,t 92,900 1,353,609 6.989.700 262.100 280.600 291,0(0 960.800 616,500 948,(XU 2*5,410 283,600 1.159.600 1,018.900 4.415.900 1.699.500 175.800 316.300 1,398,0(0 250,000 601,(100 3(4,700 792.800 877,600 225.000 $32,370,200 $286,503,600 $27,303,500 $55,798,000 $236,236,700 $26,922,200 Total... The deviations from the follows: returns Dec. $70,700 Inc. Loans Specie. LegalTenders 2,665,900 . The 28.500 60,400 228,000 94.900 49,490 1.374.500 406,000 1,000 ,(*00 Citizens Nassau Market St. Nicholas Shoe and Leather.. Corn Exchange 804 4JQ 483.200 252.800 195,700 2,700 2r6,500 . following 1,514,239 can coin: Sovereigns Napoleons prime bankers’sterling are Loans. Feb. 21... 283,230,600 Feb. 23... 282.553.700 Mch. 7... 286,787,200 Mch. 14 285,117,100 Mch. 21... 285,866.2’*0 Mch. 28... 286.177.500 .. April 4... 291.113.700 April 11.. 293.666.300 April 18.. 293.464.700 April 25.. 238.423.500 286.574.300 May 2 286,593,000 May 9 of previous week are as Net Deposits Circulation .... Inc. Inc. $1,835,200 3*,600 35,000 Dec. the totals for a series of weeks past: $194,523,000 $1,310,943 $1,483,889 203,848,000 days. 4.88%@ London good bankers’ do London prime com. ster do Paris (bankers) June _ Atlantic & Qt. West. 1st week of May. Union Pacific. West Wisconsin 53 4 May 14 34% Jan. 12 15 Nov. 7 52% Feb. May 14 •38% Mch. 30 14% Nov. 1 39% Jan. May 4 32% Mch. 3C 16% Nov. 5 43% Feb. 11 Apr. 20 118 Jan. 9 77% Nov. 6 130 Jan. Apr. 24 82% Mch. 25 43% Nov. 1 94% Feb. Apr. 28 35% Feb. 5 18 Sept. 30 46% Jan. Feb. May 14 40% Feb. 9 25 Nov. 6 57 Apr. 21 49% Mch. 27 25 Oct- 15 76% Feb. Jan. 13 101% May 15 76 Nov. 3 100% May 15 2 65 Jan. Feb. '9 H Nov. 1 70% Jan. Apr. 27 73 Feb. 9 44% Oct. 15 82 Jan. Feb. 11 56 Jan. 5 78 Sept. 30 86 Jan. 29 -Latest Central Pacific 57% Nov. 32% Oct. 31% Oct. 36 Mississippi.... 22% May 69% Feb. 97% Feb. 35% Nov. May 15. 60 London •Whole'year 1873. 1874, to date. Highest N. Y. Cen. & Hud. R... 96% Apr. 17 105% Mch. 11 Harlem 134% Feb. 38 118% Jan. Erie 34 Apr. 22 51% Jan. 15 Lake Shore 73% Apr. 20 84% Jan. 16 Wabash 55% Jan. 16 36% May Northwest 62% Jan. 41% May do 78% Feb. pref.: 59 May Rock Island 109% Feb. 95% May St. Paul 49% Jan. 31% May do pref 4S May 74% Feb. ... 22 Atlantic & Pacific pref. 12% Jan. Feb. Ohio & tMay 16, 1874. 26.488.300 28,074,100 27.914.300 Legal Tenders. 60.150.600 61.915.000 61.655.100 61.652.600 26,696,090 60,184,400 25.439.300 60.585.100 56.983.100 Specie. 23,363,000 24,014,600 23.635.400 23.2l3.6d0 21.336.400 24,639,600 27,305,500 55,5:3,800 55,1)3,900 54.739.600 55,-33,000 55,798,000 Deposits. 239.767.300 239.864.300 Circu¬ lation. Clearings. 26.771.300 26.775.100 26.907.800 243.233.500 240.991.100 21.720,9(0 488,958.389 33 (.261,105 475.940,199 421,249,894 26.717.300 410,207,171 239,730,200 237.491.100 238.691.700 238,538.900 234,486,7(0 234.401.500 236.236.700 26.726.100 26.804.600 26.797.800 427,751,638 244.199.300 26.840.800 26.901.600 26,689,64-0 26,922,2(0 444,832,104 431,832,108 519.297.890 527,357,814 4:41.427,113 478,458,93 4 Boston Banks.—Below we give a statement of the Bosto» National Banks, as returned to the Clearing House on Monday May 11, 1874: fiBanks. Atlantic Atlas Blackstonc.... Boston Boylston. Broadway Columbian Continental , Capital. $750,000 1,500,000 1,500,000 1,000.000 600,000 200,000 1,000,000 1,000,000 Eliot Everett 1,000,000 Faneuil Hall Freeman’s Globe Hamilton 1,000,000 800,000 Howard 200,000 1,000,000 750,000 1,000,000 - . Snecle. L.T. Notes. Deposits. Circn% Loans $431,86,. $1,6(0,200 $15,0(0 $128,3(0 $553,000 786,till 2,874.600 106,800 114,600 1,02 ,200 771,60° 3.981,400 15,700 879 500 2.012.600 570.3(0 2.103,800 1 6(0 8(0,700 199.S00 483,000 26,010 1.684.600 60,000 719.500 174.600 529,200 407.81*0 77.000 791.900 29.0.0 735.900 2,417.900 223,600 562.900 1,912 2(0 10.000 171,100 776.500 792.900 112.400 2.536.100 127,800 877.600 116,300 425,9(0 636.600 2.800 50,7(0 511.500 42,900 1,197,410 2.637.400 211,000 852,000 114,300 512,600 1,648,9(0 2,100 .... 2,153,4(0 1,637.200 2,349,1UU .... 89,000 56,500 275,000 28 400 155,000 747,100 791,800 757,490 353.103 241.80 J 445,703 May 16. 2.240.800 3.029.300 77,900 28.600 377.400 30,000 67,1X30 115,000 164.400 18.800 39 700' 2,000.000 1,500,000 3.829.500 3.259.400 86.700 2,000.000 3:369.800 1.610.300 Massachusetts Maverick 8,000,000 Mount Vernon 1,000,000 Merchants, North.. Boston Saawmat Saoe & Leather..... Suffolk Xreuiont 750.000 Washington 2,000,000 1,000,000 1,000,000 1,500,000 1,000,000 1,000,000 1,000,000 1,500,000 Commerce N. America Bank of Bank of of Redemption. Bank of Republic... B’k City Eagle Exchange.... Hide & Leather Union Webster Central.. Manufacturers The The following are the totals for a 737.000 798,' 00 743.100 2.071.200 33S,M>0 412 900 787.300 791,410 741,000 937.500 2.650.500 768.100 947.100 175 500 537.600 432.300 300,000 550,' 00 120,000 1,073,1U0 2.546.500 ♦ 56.900 646.900 554.400 100 LegalTender. 10,625,80 0 2.459.700 Loans. 5.... 12*. 19.” 4,401,600 4.213.300 4.5U0.500 4.244.300 8.963.800 8,647,100 3.4M, GOO 3,509.900 3,039,400 8.162.800 2,775 500 8,1;S,600 125,019.400 26 24. 125.276,500 126.893.400 126,921,600 March* 9 12 7,00,*),900 2 i* Mar'h2 l&JMS 12<,42n,O0O WS&XR 127.S9-*.<0J March 18 March 23 March 30 Anrll 6 10/85,100 10.670.400 10,760,410 1',131,200 10,561,100 9,811,10.) 9.755,200 10,4 7/00 10,5:5,200 10.193.600 874,600 3,016,900 2,844,800 2,826,3'0 126,567.900 125,475,500 Abr 27 May 4,.: May 11 10.654.600 1U,9('4.000 2 127,400.600 13 Abril 2" Apr 10,909,700 46.3(4,300 49,033,600 48,217,' 00 49,184,100 43,342,90 0 50.618.600 53.779.500 53,723,300 52,800,700 53,187.400 25,311.4(0 25,791,610 25,815.6' 0 53.274.500 25.491,2> 0 25.772.900 2i.693.500 25.641.900 25.539.60o 25,564,700 25.56:.tOO 25.525.90u 25.448.40j 25.418,800 52,8*3, «H)0 53,031.500 25,490,300 25,524,000 54,156, 00 52/ 58.000 53,42 «,101 25,502,60o 25,5fi6,90u the week ending Philadelphia National Banks for Monday, May 11, 1874 : Total net $90,000 4.6!".000 6/ 60 800 2.352,000 2/24L000 $1,0£3,000 I ,’96,000 25.200 6,000 2.183,400 3/ 34,000 6,016.400 733,000 492,000 1,698.000 1.491,000 1,000,000 620,900 480,000 624,000 656,000 229,000 803.700 610,192 332,500 2,262,000 1,339.0(0 430,000 214, (XX) 646 9 n 220 626 852.065 178.195 2,360,5.10 752.495 12,000 500,000 • 1.052,000 450,000 210,164 317(89 533 1,507,293 826,531 2,178,000 154,316 3,050,000 12.933 4.000 992,898 536,000 526,000 974.000 4.426.000 410 000 19,000 2,000 1,582,000 4,0:6.0010 500,000 1,000,000 300,000 150,000 250,(00 275,000 259.220 11,000 1,182,088 400,000 Third Sixth Seventh. Eighth Central Bankof Republic.. 2i2 3,722,000 1,435.000 800,000 Corn 98,780 2,009.009 800,000 Consolidation City Commonwealth.... 1,000 1,172.060 500,000 400.000 Manufacturers’.... 1,000.000 Bank ol Commerce 250,000 Girard 1,000,000 Tradesmen’s 200,000 Fi st 3,000 1/15,353 Western Union.... 45,000 2,674,000 1,327.000 250,000 Exchange.... Deposits/ $3,902,000 $1.000,0JO Snecle. 250,000 8outhwark Kensington Penn .7 .7. L. Tender Loans. $5,600,000! Capital. Bantcs. Philadelphia $i,500,000 North America 1,000,000 Farmers and Mech. 2,000,000 Commercial 810,000 Mechanics’ 800,000 Bink N. Liberties. 500,000 1,583,000 3*7.(K)0 110,000 3 4'!, 000 277,000 3.000 . 800.000 214 250 2,240/33 1,361,158 619,139 3.172,000 1.1(8,000 759,930 926,544 521,066 2,429,( 00 1,353,000 8,318.000 913,929 529,1-5 213,895 591,000 162 000 300,000 351,324 i 1(1,4 40 450.01 0 313,00 J 792,000 258.923 475.000 297.000 763.000 135,(00 217,634 239,(KO 36,000 1,365.000 4/H),0(0 59 1.000 2,014,000 626,000 2,400 462,000 103,000 952 000 80V ,000 800.009 $53,946,082 $372,163 $16,697,531 $48,103,971 750,000 1,900,000 250,000 Security .... The deviations from the returns of previous week are as Joans Legal Tender Notes., Ihc.. The following are ‘Loans. Date. Dec. 2) Jai. 5. .... Jaa. 12... Jan.19 Jan. 25 57,7:2,523 1,171/96 1.399,219 1,141 ,"02 <v 1,129,756 57 659.730 .... 15.82),746 16.291.226 16,9.78,299 17.530,251 57.613.773 5S.<'37.506 53.n03,31l 57.021.113 58.533/17 54,S7').932 5),135,604 .. .... ... ... 1/69,097 9>i,044 1,293,626 551 /35 524,613 545,201 791.4195 736.417 774.170 743/03 664,530 617,500 .. April 6 April 13 April 21 April 27 May 4., May 11 15,351,571 1.002.1 "9 Feb.2 Feb. 9. Feb. 16 Feb.23 March 2./, March 9 March !6 March 2 5 March 30 . 57.90 L851 6 .... 63.229,606 60,001/77 338,783 377.9:9 59.193 253 372,463 17.193.0-9 17,427,908 17.112.121 17,*.72,230 17.414.133 16,576,640 17.224,186 17,139.983 15,7*2-;,478 17,8!).) ,219 16,164,714 15.955,097 16,131,746 16,697,581 WASHINGTON, D. Deposit^ 46.403.280 43,373,204 11.490/30 11,491 552 11,454,737 11,460.739 47,596.33d 47,960.947 47,761,661 45,6l8,Uii2 47.831,7' (6 47 /35.350 47,012 724 47.131,169 47.441,795 47.515/35 47.764,121 47,841.126 47.411/34 4J, 101,337 48,667/78 47,728,310 11,457.710 11,450.353 11,443,1-8 11/69,165 11.4.-5.996 11,449,502 11,455,393 11,475,342 11,430,1*18 11,498,281 11,522,125 11.4 9,846 11,509,989 11,522,107 48.257.660 11,501,030 48,103,971 11,514.947 C.—PRICES. Did. iB,d. Ask, }J[adi. Co. S. bond8,78, 1574 Chicago RelL f bi nos, is, lb77. Ferm Imp.,6s, g, 1891 Market <Uock bonds, 7s. 1592.. Water Stock bonds 7s, 1901.... do do 1903.... Water stock 6s,lR6i do 5871 5 year Cers.,7 s-io, 1875 Ten year Bonds. 6s, 18i8 ■Fund. Loan (Con,/ ) 6, g, 1892.. _ do (Lee), 6s. g, 19 >2.. Cero.of Stock 21828) 5s, at pleas no (1843) 6s do _ ! 9’1100 • 13,917 series of weeks past Circulation LegalTender, 14,919,731 Specie. hi3 4,649 .. follows 555,835 the totals for a 96 69 70% 70% 70% 9) b5 9<>% 77 95 94 * - • - 73% • • • • • • • .... d.,,, „ „. ^ 82% 70 ■76 do do do 1875.... 1376 1377.... ... 82 y, 73* 1876./.... 1977 1878 Series. 1 Certificates, Sewer, 8s, 1874.. . do 77% do 5s, Gold Boston 6s, Currency do Ss.gold 9»X 98 X Portland 6s Burlington & Mo. L. G. 7s 77.X 73 73 73 76 X 85 50 50 50 1878.... 57% Series. 55 77% Water Ceri ifleates, 8s, 1977... 76 76 76 M) 70 fit 60 59 58 65 81 do reg... do do 6s. g., 1911.. 106* Phil.* Read. C.*I.Co.deb.7s’92 Phll..WliUi.* Dal.,6s, ’84.... Pitie., Cin. A St. Louis 7s Sunbury A Erie 1st m. 7s. ’77. 94 * Sunbury & Lewiston 7s/90... Warren & F. 1st m. <s,’96 23 West Che8tercons. 7s, ’91 West Jersey 6s, ’83 do l8tm.6s,’96 do do 78,’97 Western Penn. 6s, *93 99* Cheshire,6s Eastern Mass., 7s Hartford & Erie, 1st M (new)7. 22" 92 Ogdensburg A Lake Ch. 8s Old Col. A Newport Bds, 7, ’77. 104% Rutland, new 7s Stansted A Chambly 7s Verm’t Cen., 1st M., cons., 7, ’86 20** do 2d Mort., 7,1891 Vermont A Can., new, 8 Vermont A Mass., 1st M. 6, *83. Boston A Albany stock Boston A Lowell stock Boston & Maine Boston & Providence Cheshire preferred * Chic., Bur. A Quincy Cin., Sandusky A Clev. stock. Concord Connecticut River Connecticut A Passumpslc, pf. Eastern (Mass ) (New Hampshire).... Eastern ... Manchester A Lawrence Northern otNew Hampshire.. Norwich A W orcester Ogdens. A L. do Old Colony . * 1C8 117% Port., Saco A Portsmouth Rutland common do do do 46 86 .09 45 i *6" 30 43 82 do preferred Vermont A Canada Vermont A Massachusetts • Ex dividend 32* 45 fc3 do 6a,’67,5-10,1st... do do do do 10-15,2d... 15-25. 3d,,. Philadelphia 6s, cld 1G0 lvti 110 1U2 H'4% 6s, new do County,5s, coup... Alleghany City 4s Alleghany lb2X .05 76 bl) Pittsburg 4 3 5b do 63 New Jersey State 6s, Exempts Delaware State 6s BAILBOAD STOCKS. Camden A Atlantic do pref...., do do Catawissa do Elmira A 102% 40 12 pref Williamsport pref.. Elmira* Williamsport Pennsylvania Harrisb’g, Lancaster * C Huntington & Broad Top. .. do do pref Lehigh Valley East Little Schuylkill Mlnehill Nesquehoning Valley Norristown Northern Central North P/nnsylvania OUCre.ox A Allegheny 41 16 41 33% 37% 60% 46% 53%! 03% 52 34" 44 44% 6 3% River. 49% 49% PennB/<vania 16 Philadelphia & Erie. Philadelphia A Reading 36* 18 57 56 56% wilming.* Baltimore. 124% 125 Phlla., United N. J. Companies WestCheBter 50 50 51 48 50 West Jersey 52 46 pref do 52 CANAL STOCKS. Chesapeake & Delaware Delaware Division Morris do pref 12% 12% Susquehanna Union do * pref BAILBOAD BOND8. Alleghany Valley 7 3-10s, 1896.. Belvidere Delaware,1st ni ,6,*77 do do 2d M.,’35 do do 3d M.,’87 Camden A Amboy, 6s, ’75 do 6 s,’83...,./ do do do 6s,’89 do do mort. 6s, ’89... 90 92 82 83% 84 93% 91 87% 97% CINCINNATI# Cincinnati 5s do fis do 7s East Penn. 1 Bt mort. 7s, El. & W’mspoi t, 1st m, do do ioi" , do bonds, long. Cin.,Ham.* D.,lst Al., 1, 80... do do 2d M.,7, *85... do do 3d M., 8,77... Cin.. Ham.* Ind.7s guar Cin. & Indiana, 1st M„7 do do 2d M.,7,1877.. Colum., & Xenia, 1st M.,7, ’90 Dayton & Mich., 1st M., 7 81.. do do 2d M.,7,’84.. • Dayton & West., 1st M.,7,1905 do do 1st M., 6,1905. 5s.... LOUISVILLE. do do reg 7s, 1910 103 100 65 102% 103 104 Pennsylvania, 1st M., 6,1880... do -do 2d M.,6, 1875... gen. m. 1910 42 65 46 70 104% 99% 92* 6s,’97 to’98 Water 6s, ’87 to ’89.. Water Stock 6s, ’97. Wharf 6s special tax 6s of ’89 I.lstM.(I*M)7, ’81 do 2d M.,7, do do do 1st M., <, 1906.... Louisv. C. * Lex., 1st M7, ’97.. Louis. * Fr’k., 1st M.,6, *iO-*78.. do Louisv. Loan, 6.’81. L. * Nash. IstM. (m.s.) i, T7.. do Lou. Loan (m.s/6, ’86-*8' o do do (Let). Hr.) 6,’86 do IstM. (Mem. Br)7, *70-’75 do lstM.(Leb.br.ex)7, ’80-*81 do Lon.L’n(Leb.br.ex)®,’9: do Consol. 1st M..7,1898.... Jefferson., Mad. A Ind Louisv., Cin.A Lex.,pref Jeff., Mad Little Schuylkll\.lstM.,7,1ri,?7. 100 Northern Central 2d m, 6s, ’85. 92% 93% 86% do do 3d m,6s, 1900 .. 85 59 con. m. g. 6s, 1900 do 99% 1(0 North Penn. 1st m, 6s, ’85 10U do 2dm. 7s,’96 do 10s, chat. m.,*77 . 105% 106" do gen. mort. 7s, 190S Oil Creek & Al. R., con. 7s, ’88. Oil Creek 1st m. 7s, ’82.. Penn & N. Y. Canal 7s, ’96-1906 76" 77 75 76* 75* 102% 99* 93% 101 167* 70 90 HO 102 96 t5 97 1U0 88 93 c4 95 92 98 93 S2 77 94 95 99 84 37 94 75 75 86 81% Louisville 6s, ’82 to ’87 do do do Harrisburg 1st mort.6s,’83.... 102 H. A B. T. 1st mort. 7s, ’90 do 2d mort. 7s, *75— 96 do 3d m. cons. 7s,’95. 62% 64 99 Ithaca A Athens g. 7s. ’9J Junction lBt mort. 6s, ’S3 . ... do 1900 2d do 100% L01 Lehigh Vailey, 6s, 1898 do do 69" Tnd., Cin. & Laf., 1st M.,7 do (I.&C ) 1st M.,7,1888 89 Little Miami, 1st M., 6,1883.... 64 ;in. Ham. & Dayton stock..». 98 lolumbus * Xenia stock 40 )ayton & Michigan stock.... do 8p c.st’kguai l"2% 98 Little Miami stock do. 85 100 ’88 7s, ’SO. 7-3(la do Cincinnati Southern RR. 7s... Ham. Co Ohio bp. c. long ndb. do do 7 p.c.,1 to5yrs do do lg bds,7 * ».80> Cin. A Cov.Brldge s ock, oret do bonds, short do consol.,6s,’94... 103’ * A Atlan. 1st m, 7s, g. 1903 95 new 7s, 1900 do Connecting 6s 1900-1904 98 100 100 42% Central Ohio do preferred *8% 90 do 2dm, 7s.’80.. 101 Catawissa, 1st M. conv., ’82.... do chat. m. do ’88 ... 93 95 1884 do 2d M.,endorsed, 6/90. Baltimore A Ohio stock do Cam. 97% 6s, imp.,’80... do 3d M.,7,’88.. do do To’do dep. bds,7, *81-’94 6% pref do 87 99* 6s, 190C 1890. Park 6s Baltimore * Ohio 6s of ’75..... ICO 101 do. do 68 of ’80... . 99% do 6s of’.85.... 99* do Central Ohio, 1st M..6 16: k ioi* Marietta & Cin., 1st M.,7,1891. 89% do do 2d M.,7.1896. 77% 78 do do 3d M. 8s Norfolk Water 8s North. Cent. 2d M., S. F., 6, ’85. 92% 93% do do 3d M., 8. F.,6,190< do do 3d M. (Y. & 0)6/77 39% do do Cons, (gold) 6,19{K 85 89 Pitts. & Connellsv., 1st M.,7, ’98 do 1st M., 6,188' do West Md, IstM., endorsed, 6. ’90 do 1st M., unend.. 6, *90. 123 Pennsylvania Schuylkill Navigation 94 91 6s,boat*car,1913 Parkersburg Branch 16 46 53 55 •38 93% Wyoming Vailey 1st m. 6s, *78. 50 «'* 40 do 7s. 1902 Union 1st mort. 6s, ’83 do do do 101 108 76.% do 87* BALTIMORE. Maryland 6s, Jan., A., J. & O.. 116 do 6s, Delence 100 Baltimore 6s of’75 PHILADELPHIA, STATK AND CITY BONDS. Pennsylvania 5s, coup :oi% 7s,boat*car,1915 Susquehanna bs,’94 4 •« • 102 CANAL BONDS. Chesapeake A Dela. 6s, '82.... Delaware Division 6s, ’78 Lehigh Navigation 6s ’31 *147 do Rfi, ’97... is" do ’77. 102% 102 do conv., ’82 8* do conv., g/94. do gold, ’97 140* 137 Morris, 1st M., 6,1876 74 do 2d M., 1876..; 88% 69 do boat, ’85 64 Pennsylvania 6s, 1910 126 Schuylkill Nav. 1st m. 6s, ’97.. 2d m., 6s, 1907 do do m. 6s, c..’95.. pref,... do 70* ■01 83 94 101 68. p.b.,’9* do do 66% 99% Wilming. & Read.,1st M.,7,190M do 2d Mort, 19U< do 133% 134 06 % !06 A hti 106* Champlain Isk Pennsylva., gen.m., reg., 191C 92% V3% Perkiomen 1st m.os,’97....... 92 88 p9% Phlla. A Erie 1st m. 6s, ’81 8‘i % do 2d m. 7s. ’88.... 99% m Philadelphia A Reading 6s, ’» do do 7s, ’9: 80* do deb. bonds,’91 do g. m.7s,c. 1911 104% 9n 99 Chicago Sewerage 7s do Municipal 7s do 79 18 5 do do do do do do 93 eo Ask do Cers., Gen. Imp. 3s, 1874 * 73 ?9 101 109 100 Massachusetts 6s, Gold do Cbe8 & O Can stk (1847) 6s Board of Public Works— 101*. 6s Lehigh Navigation Inc. Dec. 3pecle 180,000 ; Dec. $148,689 Dec. $217,176 Deposits 5 45-i Circulation Maine 6s New Hampshire, Vermont 6s 25,l6l),SOo >,121/00 51.707.600 5 125,615,900 53.742.600 25,431,If 0 2,929,200 125.627,500 conPhlladelplila Banks.—The following is the average dition of the BOSTON. Fitchburg. Deposits. Circulation. 45.931,200 25,816.710 in.679,400 10,466.300 10,283,800 10.691,500 11,039,800 11.241.400 2.466,500 3.513.800 122.313,000 124,237.100 124,832.400 121,924.900 Decrease. $686,500 75,800 Decrease, series of weeks past: Specie. 12 .542.300 23 , 576 400 321,600 Decrease. #} Dec 1(12.9)15 Increase. Date. t)PC vp 706.600 993.80U 816.800 581,700 Deposits Circulation.... $li,6'J0 .Increase, Loans. jvl9Cie Legal Tenders ra"b iph 17’. 900 2,439,600 554,300 “duetootherBanKs/’as per statement of May .1,1s $22,<23,600, deviations from last week’s returns are as follows : total amount The 705.200 $2,929,250 $10,193,600 $52,712 600 $25 431 f49.350.000 $125,627,500 Total 5'1,600 2,01 ,900 1.183.900 113.700 3'/,666 920.200 172.700 707.9JO 704 900 373.000 91.300 3.315.500 984.200 719.300 1.238,<00 139.400 378.100 100.400 145.100 168.300 30i 40.3.10 36 300 2.485.600 2.5^7,600 500.000 500.000 500,000 Commonwealth S66.200 31,200 97.300 906.000 200,000 1,000,000 1,500,000 Security 24.300 14,800 3.334.900 4.976.300 2,000,000 Revere. jSf 2.875.500 1.818.500 1.957.600 4.917.900 833,000 923.400 919,600 519.500 417.600 865.500 109.000 429.200 256.400 6U5.600 215.700 180.8U0 181.500 193.700 5' ,900 148,800 499.500 989.400 1.376.700 150.810 500 343.400 590,900 1.379.000 485 400 37.300 738 500 773.200 Bid. 8XOTTB1TIXB. Bid. Ask. 8XOTJBITIXS. 1,506.105 174,8 0 244.100 1OS.800 PHILADELPHIA, MLTliflOKE, &e. QUOTATIONS IN BOSTON. 24!.80n 261.200 18.200 1.935.400 6.347.800 300,000 lb-2,300 810,700 259.700 1.246,9oU 5.056.300 416.400 870.800 1,682,200 1,100,300 96J.6J0 226.900 12,100 3.973.300 4.703.900 1,000.000 1,600 000 (Granite)..! 350.90n 905.800 55 V 00 4.839.700 324.400 49.200 231.300 170.400 21,500 40,400 5,900 372.400 « 600,000 Traders Tan Tan 1.991.600 900,000 1,000.000 1,000.000 State Third 2.401.800 3.244.500 1,000,000 Old Second 607.400 200,000. England flew 8.660.300 485.900 50.300 94.000 66.900 872.600 49.200 1.517.800 1,913,510 l, <>01 830 800,000 800,000 400,000 Market 4«9 THE CHRONICLE 1874 J uu do do common So c*2 a* 81 58% 74% 66 75 87 86 57 82 82 86 91 80 90 15* 10 40 75 91 102 l"4 99 90 100 1U2 92 94 87 36% 54 100 65 85 79 t6 96 91 56 89 96 t-0 78 87 91 66 100 41 104 100 82% 80% 64 92 32 82 69% 75 37 76 87 87 98 63 63 »'7 92 5l 10% 20 15 45 * Louisville & Nashville ST. LOUIS. St Louis 6s, Long Bonds.,.... ’88% 89% U0 101% Ao Water 6s gold IV do do do (new) st North Missouri. 1st M. 7s... 31% At.* Pacific guar, lard grants 26" 26 <10 2d M Pacific (of Mo,) lsf M. pld..,. 78% 79 7" 72 do do 2d M. bds. KansasPacific stof-K 2% 8% 55 1st M.eld 6s. J. & D.. do 66 do do F.&A do 36 37 Pacific RR. of Mo. stock « ... .... * And interest. ffio [May 16, 1874. CHRONICLE THE QUOTATIONS OF STOCKS AND BONDS IN NEW YORK. Gaoernment Bonds ana active Railroad, Stocks are quoted on a previous page anu, not repeated here. Prices represent the per cent value, whatever the par may he. u N. Y. Local SecuHties-,> are quotd ine a separate list. Bid. ASL BXOUBITIBS. Ask 3id BXOUBITIXS. As! Bid SXCTUBITIKB. SECURITIES. Bid — IT. S. Bonds. (Others quoted previously.) 5-2°b, reg'stered. 1662 5-2'J Called Bonds, IS62 5-2ns. registered, 1864. 3-2!>s, registered, 1865 . 5-20s. registeied, new issue, ’6; do ;ifi*% . 5-203. registered, 1867 5-20s, registered. D63 119% ... 5s, registered, !88l... 115% .... Slate 50* 8s, 1S83 50 do 8s, Alab. & Chat. It.. do 8s of 1S92.. Arkansas 6s, funded.. * do 7s, L. It. ft Ft. S. Iss. do 78, Memphis ft L. R. do 7s, L.R..P. B.&N.O do 7s, Miss. O. ft It.ltiv do 7b Ark. Cent It Californla78 do 7s. large bonds Connecticut 68 do 1o In liana 5s Illlnii8 6a coupon,’77 do do 1879 do War Loan Louisiana 6s do new nonde do do do new floating debt. do 78, Penitentiary do 6s, levee bonds do 8s do do 8s do 1875.. do ..Of 1910. 38. Michigan 6s, 1878-79 .... 1(2*' T • do do do do oo do coup off, J. & J do do off', A & • •. 1? uuding Act, l8Nf 1«6C do do do do do do do t , r • - 41 40 - bonds, J. & J. do A. ft O 45 .... 100* . TT-- ... . 112 li2 U2 11 2 l05 105 ioi% :uu 2j% do 40 38 .8 Endorsed... 7s, 187s 7s,1883 7s, 1880 do do do 99 96 9) 94 7s, 18o8. cons. mort. gold bds.. 99% Long Dock Bonds 27* .... do do 20% .... do 2d 'to 3d do 4th no 5th do 7s, 27 dQ .... 98 look ft Sioux C.t 1st M .. do do 2d dlv. 20 18 Harlem prei. Illinois Central 83 61% 33 .... 61 i., do do 65 63 '/■ 64% r 95 bds uffilo ft State Line 7s... 95* 1 Cons. coup. Pt.. Cons. reg. 1st... C ns. ccup. 2d.. Cons. reg. 2d GO do 90 do do 96 95^2 lLyH do 1st M. do do 107 8s, 1882.. consol.7 90 72% • 87* 91H 45* i66* * 91% 1887 6s real estate do 85 6*. subsciiplion. 87 do do i6i k 102 7s. I8'.b do 78, conv. 1876 ... :oi% j... do iu ik ?8, Ifc65-t6 to ft Hud. 1st mort ,cou|. 105 % 106* do 1st mort , reg.. W5* do 6S . • 'in* CO r- 55~ loo do 7s. 3d Mort.. 1875. do do 16 3 .... 95% 78 96 100k iOj* 1^8% reg • 03 81 Consolidated.... do do ral P do .... 2d do 36*’ 91 0 C 3* *7** New Jersey Southern N, Y., New Haven ft Hartford is; 132% 45 Ohio ft \f tR«i<»s1poi, preferred. 40 Pacific of Missouri Pitts., Ft W. ft Chic., guar... 93% do do special.. Rensselaer ft Saratoga 109 '-09% SJ Rome ft Watertown 12 St. Louis, Alton & T. Haute... do do pref Belleville & So. Illino's, pref St. Louis ft Iron Mountain.... 22“ 25". 23 St. L.. Kan. C.ft Northern pret 15 Toledo, Peoria ft Warsaw Toledo. Wab ft Western, pret IVlt*cellnrie<Mi« Stock* 94 SMJ 88 67 Ificgold Bonds... State Aid bds. 82 Land Grants, 7s Income 10s do do do .... 1 79 69% 94% 84* £5% 79% 80 Slaking Fund... * * * American District Telegraph Atlantic ft Pacific Telegraph. Boston Water i nwer Canton Co., Baltimore........ 50 Cent. N J. Laud Iinprov. Co. 44 Delaware* Hudson Canal 1163i American Coal C nsolidatiou Coal of Md 41 Mo. 1st M o 2d M do 78k 71 .... 107 do do do do do do do do 2d Mort. 8d Mort Sd Mort 4tb Mort 102% 96k 99 90>i .... 50 do L. <i do 2d Mort. do do 59** 93 100 91 83 62 91 2d M .... p » f . Cumberland Coal and iron.,,, , 98 • Carthage ft Bur. 8s. Dixon, Peoria ft Han., 8s. O.O. & Fox R. Valley 8s. Oniney ft Warsaw, 8s.... 55 42 = C & Lvnchburg 6s 7s,bonds Memphis old bonds, 6s do new bonds,6s do end.,M. ft C.R.R.. Macon 90 85 45 do 11 o '00 100 l 0 >«E Chic., Dub. ft Minn., 8s.. do do do 45 97 86 96 American Central 8s Chi. ft Southwestern RR. 7’s. consol.6s bonds, 7s... 10s to railroads, 6? 100 100 Peoria ft Hannibal R. 8’s. Chicago & Iowa R. 8’s.... 6s. new. do do do do ao 2 C. ill. Grand Trank 8s do Montgomery 1 s u*6* 96 96 96 96 96 8s , 52 .... 40 Securities. do 85 40 85*' Augusta, Ga.,7s,bonds 80* tft,a 83* ’ Atlanta, Ga., 7s 75 75 80 70 California Pac. RR.7’8, gld... do 6s, 2d M., gld Canada Southern 1st 7s, gold.. Central Pac. 7s, gold, conv— do Land G. 6s e Central of Iowa. 1st M, 7’s gld. do 2d M, 7’s, gld Keokuk ft St. Paul, 8s ' ‘5% CITIES. , 60 - 166" 60 Joseph,1st,6s, gld Southern 99 99 97 22 40 .... 100 HO 100 1(4) 97 97 37 97 86% Southern Central of N. Y. 7s.. Tebo ft Neoslio78, gold Union ft LogansportTs... i1 t ab Central 6a. gold ! Union Pac., bo. branches, gld Walkill Valley lst7s,gold West Wisconsin 7s, gold Wisconsin Valley 8s .... ICO 97*' Bur., C. K. ft M. (M. div.)g.7s. Hurl, ft M. (in Neb.) 1st conv.. Cairo ft Fulton 1st Ts, gold.... California ft Oregon 6s, gold.. 9>% 42 .... do do ‘Ho do do do 2d M. pref 2d M.income.. do do W. D.. Burl’n Diy. iT* Ccrl. & do do do do 1st7s. 10 yrs. 2d 7s, 20 yrs.. Clr'cago, C. & Dub. 8Chicago, Bur. ft Qumcy7s... Clue. Danv.ft Vincen s 7s, gld 91 90 • • • • • Leav., Atch. ft N. W. 7s, guar. Leav Law. ft Gal. 1st M., 10b. Louisiana ft Mo. Riv. 1st m. 7s • • 91 .... 60*' 70 70 68 40 80 77 • • • 92 £8 ) s 2d 7s.. stock 2d m.t 8s... Tenn., lstm.,7s. do consuid.,3 do 6 90 65 do 80 » ft . . * • • 25 15 5 do do do do do ex » 70 80 82 74 76 75 35 96 90 ctfs. 8s, interest.... 2 mtg, 8s stock 7% cert’s, 8s. do 85 5 60 98 88 8290 85 90 ?2 92% '02 f ttt 75 92 90 ) do do .... l*t> do 90* 25 ( 55 65 95 '5 • • • . • • a 40 36 25 . 80 do . 1 • . 55 25 45 10 15 50 30 ♦ * * 90 do conv. 7s. )anv.lst cons’d 6s. Piedmont 8s... do do Ists, 8s H) do 70 7H 32% 86 ^ 3 91 94 Peoria, Pekin ft 1.1st 65 75 • • ... 2d m.,guart’d 3d m..6s do do 6s... 3 stock. do 80 3 do do 6s PAST DTK COVFON9. * .... Oregon ft California 7s, gold.. Oswego ft.Rome 7s, guar • 9c 1 l 65 53 52 • 91 75 4th8,8s • 15 35 5 • do do do to 30 7s 2dmo.,8i 3.C.,1st M.8s.... 2d M., 8s.. ix., ists, 6s : 2ds, 6s 3ds, 8s > .. .... 48 do do 71 bl 88 60 t do 92 56 60 60 J do do do do 60 :oo 72*' West P..1st 8s.. do 1st end. do Income 80 62 65 72 72 10 9(1 15 83 TO 13 65 85 85 , ntrai, ipi m., is. do j 80 69* ston,lst7s. do do KD - endorsed stock do do ^ .. 70 60 (8 60 70 60 53% guar 7s, certif.. do do .... • 90 4H. do do do . 100 98 ^oi. 5 .... . • gold s £5 84** « • stock do ( 95 80 . 81 0 S5 slock Georgia R. R., 7s do ... • do do o .... • m, stock..., • Logans.. Craw, ft S. W. 8s, gld. 25 Michigan Air Line, 8s 98% Mojticello ft P. Jervis78,gold 48 Montclair 1st 7e, gold Mo.,Kan. ft Texas 7s.gold.... 47 Mo. R.. Ft., B.& Gulf 1st. M, 10s do do 2d M.,10s N. J. Midland 1st7s, gold....... fO do 2d 7s N. Y. ft Osw. Mid. ist 7s, gold, do do 2d 7s, conv. do West. Extension Ts. N. Haven. Middiet, ft W.7s.... North. Pac. 1st m. eold 7 8-10s do Land Wan ants... Omaha ft Southwestern RR.8’e consol. M. 7s stock .... .... • Iowa Falls & Sioux C. 1st 7s... do do 8s of 189b do L. Onr. Shore RR. 1st m. gld 7s Lake Sup. ft Miss. 1st 7’s,gld. do do Col. do do gnaran. 1st M.,7s , .... . \h Kal., AHeghan &G R. 8s,guar Kal. ft White Pigeon 7s Kansas City ft Cameron 10s... Kan. C., St. Jo. ft C. B.8s of V5 do iorgii 25 90 • • stock../. do do 60 50 • end. BavanT do do do atra 77 35 20 2d M.,7s do do do » 100* con do new, gld 78, do 6s, g’d, Jun & Dec do 6b, do Feb ft Aug do 7s, 1876, Land Gr. do 7s, Leaven. Brch. do Incomes, No. 11.. do do No 16.. do Stock Kalamazoo ft South H. 8s, guar 20 do <■0 • Evansville, T H & Chic 7s. gld Flint ft Pere M. 7s, Land Gr.. 90 Fort w.. Jackson & Sag. 8s... Grand R. ft Ind. 7s, gold,guar. }66 do do 7s, plain f° Brand River Valley 8s Hous. ft Tex. C. 1st 7s g old... 89 ludianap.ft Vincen. 1st 7s,guar 80 do ■RATLROAD8. 62 45 74 111. Tack., N. W.& 8. E. 1st m gl s7 Kansas Pac. vs, Extension, gld do 7s, Land Gr., gld. ton, N.C., 6sgold do 8s gold.... .... 58 c 5 50 • 7s, new do 97 % Cleve., Mt. V. & Del. 7s, gold. Connecticut Valley 7s Indianapolis ft St. Louis 7s.... Jackson, Lansme & Sag. 8s... do 25** 85 63 80 m. gold Is #ock. V. 1st 7s, 3j yrs Chesapeake ft O. 2d . .... * do do 2d guar St. L. ft So’eastern 1st 7s. gold 45 99 97 Evansville, Hen. ft Nashv. 7s.. 101X IDS l"7 U4 Michigan Central Mo., Kansas ft Texas.... 40 Atchison ft Nebraska 8 p. c. 6ur. ft Mo. River, stock... Land M. 7s.. do do do do 2d S., do 7s.. 3d S.. do Kg. no do do 4th S.,do 8s... oo 5th S., do 88.. do do 6th S.,do88.. do do Creston Brand do do Chariton Brand do 30 60 95 Sandusky, Mans, ft Newark 7e St.Louis, Vandalia ft T H.Pt 13 50 40 65 . - . Elizabethtown ft Padu. 8s JJI L 94% 72 % 7 > Essex 91* • 30 60 st M.,10s 8 p. c: do do St. Jo. ft Den. C.8s,gold,W D. do do 8s, gold, E. D .... n do do 2d m. 8s Dutchess & Columbia 7s Denver Pacific 7s, gold Denver ft Rio Grande 7s, gold Evansville & Crawfordsv. 7s.. Erie ft Pittsburgh 1st 7s do 2d 78 do 7s, equip— 99* old bds new 98 83^ 95 2d pref St.Jo.ft C.B1. miscellaneous List. Arkansas Levee bonds 7s Atchison & P. P«t,6s gold .... Atlantic ft Pacific L G. 6s gib 8s Det..Lans.&LakeM.Ptm. 8s 1C6H do • “ 2a 7s Southern Minn, construe. 3s. do do 78 • St.L..& St. Det., Eel River ft 113 Marietta ft Cin., 1st preferrec ft J 64% 86 31 35 51 U)V 38 .... Long Island Morris bit ... 102 Ind., Cin. & Lafayette Joliet ft Chicago do ( ;;;• Chicago & Alton. Cleve.. Col., Cin. ft Ind...,..., Cle.ve. ft Pittsburg, guar.... Dubuque ft Mioux Citv Erie pr-d Hanniual & St. Joseph, pref.. • 98* Connecticut Western 1st 7s.... Chic, ft Mich. L. Shore Des Moines Valley lsi 8s.. do do Land Grant 8s Dan., Urb., Bl. ft P. 1st m 7 gld Detroit, Hillsdale ft In. RR.8’t Detroit ft Bay Citv fi8......... 2d M do ret.2d Mort..... .00 102 I. S. F. 7 p. c 103 do 9 21 79% 95 b 7 ... ;03* d<> do pref Chic. Bur & Quincy • ... Western Union Tel. 1st M.7s. Chic, ft Can. South. 1st m gl 7s Ch., D. ft V., I. div., I m gTd 7s large bonds’.. Jan. ft St. Jo. Laud Grants, do do convertible... o. 3 no* duff. N. Y. ft K. 1st M.. 1877.... 25 21 .... Texas, lGs, of 1876 V>rgiuia 6s, old ,1o do new bonds :. do do consol, bonds do do deferred do riHtlroHd Slocks. (Active previously quoted.) Albany Sr Susquehanna.. Central Pacific • _ do do Speo'i Tax, Class: do Class V do do do 5 Class 3 do no do Ohio 68,1875 do 6s, 1881 do 68, 18'86 :>2 Rhode Island 6s. ^5 Jan do do Apr do Fundini do do Land C, do do Land C do ....of 188.' do 7s do Tennessee fis. old do do ex coupon do do new bonds do ex coupon do d* do do do new senes • 97% “ 72% 22* Sioux Citv ft Pacific 6s South Pacific 6's,gold Steubenville & Indiana 6s 73 .... • 87k .... new dO do si* .3 95 Rome, W. ft Ogdensburg7s.. Rondout & Oswego 7s,gold... 65 94 . 72% Pekin,Lincoln ft Decatur lst\ Cin., Lafayette ft Cldc. 1st M Del. & Hudson Canal 1st M. ’9 ~HJ5% do do 18& do do188' 89* Lone Island RK 1st M . ... • Han. ft Cent. Missouri 1st M. 98* 100 Rockf’d.R I.ft St. L.1st7s,gld ... Rome ft Watertown 's • • Lafayette, Bl’n & Miss. 1st M io5k l*W do 69,1883 100 do 7b, 1878 95% Missouri 68 do II. & st. no. t sue., 93% jo Asylum orUniv r- 92% New York Bountv Loan, reg., 108% '.'8% do do do coup... oo 6s, Canal Loan 1874 110 1U do 6b, do do 1875.. 110 do 6#, do do 1877.. Ua do 6s, do do 1878.. do 6:, < old ieg. 1837.. do 6«, do coup.18 7.. do 6s. do loan.1883.. do 6.3, do do 13^1.. do do 5s, do 18*5 do 58, do do 1876.. NorUi Carolina 6». old, J. ft -1. do do do A & O do N. C. It.It. J& J.... do do do A. ft O do 65* 109 hue. K. Island ft Pacific R6 C. C. C. ft Ind’s 1st M, 7s, S. F. 99 99?C Central ofN. J.,lstM., new., 103 10t% do do 2d Mort. do do con.conv.... id' iou 98 Am. Dock & Improve, bonds. Mil. ft St. Pam 1st M. 8b P.D. do do do 7 3-10 do 91% 94 6« do do 7s gold R. D. do do 1st Mort. LaC.D 88% oU do do 1st M. I.ft M.D. do 1st M. I. & D.. do do do 1st M. I. & I... do do 1st M. II.&D. 77 do do 1st M. c.ft M. 8i do do 2d M do 103 102 Chic, ft N. Western S. Fund. do do Int. Bondi do do Consol, bdf do do Extn. Bds do do 1st Mort.. 8i% do do coup gld bds 84 81 do do reg'd do Iowa Midland, 1st mort.,8s... 101 Gulena & Chicago Extended do 2d Moit... 99 Peninsula 1st Mort.. conv. Chic. & Milwaukee 1st Mort... 94% 94% tdi Winona ft St.Peters 1st m.... 76% do 2d in.. Del., Lack, ft Western, 1st M. 102 do do 2dM.. IV 4 do 7s conv. 105 do 104 Morris ft Essex, 1st Micrt do do 2d Mort do do Conv. bonds 94 do do Cons’ruction no do 7s of 1871 ,00 ,00 HU Kentucky 6s 23k 22 .. Guaranteed Jhesapeake ft O. 6s, 1st m do .do ex coup Chic., Bur. ft Q. 8 p. c. i*t h.. 89 .9 79 101 U0 7«, new bonds 7s, endorse !... 7s, Gold bonds .. 92k 76 Georgia 6b do d'" do do 1st Mortgage.,. 107 do do Income 96% foliet ft Chicago, 1st Mort.... 106 H Louisiana* Mo., l6tM. guar St. Louis, Jacg. ft Chic. 1st M. .... " do do do 8s Mont ft Euf’la R.. oo 2d 3d Bur., C. Rapids & Minn.1st 7s,g Jhic. ft Alton Sinking Fund.. ... 8s, D«6 do do do Boat., Hartf. & Erie, 1st M. Itondtf. Alabama 5s, 1838 do do do Equip. Bds ... Cons. Convert Hannibal ft Naples- 1st M Great Western, 1st M.,188H... 2d M. 1893... do Quincy & Tol., 1st M., 1890.... 111. ft So. Iowa. 1st Mort 1G4 102 . 94% 1st M. St L div 2d Mort do do do do 74 94~ Wab’h, 1st Mort. ext’d Peoria ft Rock I. 7’s, gold,... Port Hnron&L M.Ts.gld.end. do do 7s, gold.... Pullman Palace Car Co. s>ock do bonds, 8s, 1st series 60. .... Consol. 7s rol. ft 15 250 Railroad Bonds. Albany ft Susqh’a, 1st bonds .... . do pref.. Maryland Coal Pennsylvania Coal Spring Mountain Coal 115% 115% U6% do Tol., Peoria & War. 2d M 6 Mariposa Land* M. Co 1 1 ao Consol. Coup....... iro 85 65 62 97 92 «5 60 65 40 78 70 16) 1874] May 501 THE CHRONICLE. SECURITIES. NEW YORK LOCAL I Marked thus (*) not National. are w American Exchange. .. Head* Butchers* Drovers.. Bull’s Central Chatham. Chemical Citizens’ City.. Commerce... Commonwealth Continental Exchange* Corn Currency... 100 1U0 Eleventh Ward* filth first... fourth — German American .. Germai Exchange.... Germania* Grec wich* 1U0 Leather Manufactrs... Build.* Manhattan* • .... Manut & Merchants*. Marine Market Mechanics — Mech.Bkg Asso’tion.. Mechanics & Trailers.. Mercantile Merchants Merchants’ Ex Metropolis* Metropolitan Murray Hill* Nassau* National Gallatin New York New York County N Y.Nat.Exchange.. N Y. Gold Exchange* Ninth Ninth Warn* Nort i America* North River* Oriental*. Pacific* Park Peoples* Pheu'x Republic St. Nicholas Seventh Ward Second Shoe and Leather Sixtii State ofNew York.... Tenth i\'-ird Tradesmen’s Union West Side* 7 JulylO/73.3* 8 8 Jan. 2,’74...4 J n. 2, 74.3* 150.000 500 (X) i 1 U)0 5" 1 100 100 100 50 100 100 IOC 25 50 25 100 50 51' 100 100 100 100 50 10C< 100 100 100 100 100 100 £0 25 50 10' 25 20 100 100 100 100 100 100 100 loo 100 40 50 100 000.000 000,000 J. & J. M.&N. F.& A. M.&N. ’600,000 M.&N. M.&N. J. & J. J. & J. M.& A. J. & J. J. & J. J. & J. F. & A. J. & J. F.&A. J. & J. J. & J. J. & J. J. & J. M.&N. M.&N. M.&N. J. & J. J. & J. J. & J. J. & J. A. & O. M.&N. A.& O. J & J. J.& J. J. & J. J. & J. J. & J. J. & J. J. & J. J. & J. J. & J. 200,000 200,000 300,000 000,000 100,000 50 ),t 0i» 500.000 600.000 500,(XX) 100,000 2,050,000 500,000 400,000 1,000,00c 2,000.000 500,000 600,000 1,000,000 3,000.000 1,235,000 50',000 4.000,000 200,000 1,000,000 1,500.000 8,000,000 200,000 500.(XX) 1,500.OCX) 200,000 1,000,000 400,0(X) 800,000 1,800 000 2,000,000 1.OCX),000 500.000 300.000 1,000,000 200 000 2,(XX),0^0 1,(XX).0CX) 1. ('00.000 1,000,00' 1,500,'XX) • . 7 10 10 8 12 10 10 8 30 10 8 8 10 15 7 5 9 . . 1,200,000 300."! X) certificates,... Jersey City & Hoboken Manhattan Metropolitan 4,000,000 2,800,000 1,000.000 500,000 l'O 4,000,000 10 1,000,000 300,000 People’s (Brooklyn) dodo bonds..... Westchester County 40' >,000 1,000,000 5' 50 8f*ftn 1,000,000 .... , S' eecker Sc.jc r'uaonperry—svwk. 1st mortgage luu 900,000 644,000 Broadway <k Seventh Ave—stock. 100 2,100,000 100C 1,600,000 1st mo: tgage :o •2.000,000 Brooklyn City—stock 1000 1st mortgage 300,000 100 200,000 Broadway {Brooklyn)—stock 401,000 Brooklyn tfe Hunter's Ft— stock... :oo 1000 1st mortgage bonds 8'X),U00 115,000 Atlantic Av Brooklyn—1st mort. 500 l 00 , 500 500 Central Pk, N. dk E. River—stock 100 1000 lit mortgage 1000 2<t do C*neyIsland dk Brook'n—;st mort .000 Dry Dock, E. B. & Battery—slock. 100 2d 3rd do do 2d mortgage cons’d \venue—stock 1st mortgage iidSt. dk Grand St Ferry—stock.. 1st mortgage . Grand Street dc Newtown—stock. lark Avenue—stock 1st mortgage Binth Avenue—stock 1st mortgage Second Avenue—stock ; 1st mortgage hlghth 2a .. mortgage 3d mortgage Cons. Convertible Sixth Avenue—stock 1st mortgage third Avenue—stock 1st mortgage .. Williamsburg dk Blatbush—stocic. ig^.;.. 1000 inn 1000 50 '001' 10 0 1000 1000 ' A'tmortg 100 1(XK) 100 1000 20 50 . .. 100 loco 100 1000 100 1000 ’This column tlxows last dividend 100.000 164.1 XX' 1,161,000 Mechanlcs’(Bklyn) 180* 1103 110 150 155 ‘ ioi* * its Stuyvesant Bid. Askd Jan.15/74 215 Apr. 15/74 ..... .... Feb., ’74. Jan.. ’7-4. Mch., ’74. Mch.16/74 10s. Nov. 1,’73 7 5 May 1 "74. "74 4 Jan., 5 Jan., *73. Jan., ’74. 5 « 17 10 10 100 100 50 50 25 100 . • 26 per cent J.&D. 50 50 100 25 50 50 50 30 20 40 50 100 25 50 25 100 100 25 50 50 50 :-o 50 50 Q-F. J. & J. J. & J. 7 7 7 i Q-F. .... 6 7 4 7 2 140 * M.&N. 7 167,000 J. & J. 7 2 7 7 7 7 5 7 2 7 Q.-F. • ■ • • 12 10 10 9* iF* IF* 10 20 25 25 25 50 200,000 500 .(XX) 350,000 200,(XX) 200,000 150.000 150,000 1,000,000 200,000 300,000 200,000 2(X),COO 200,000 200,000 10 15 to 62,186 Jan., Jim., Jan., Jan., ’74. H *74.1< '74. .6 ’74. .5 ’74..5 Jan., ’74..5 Jan., Jan., Jan., Jan., Jan., ’74. .5 ’74. .5 ’74..5 ’71.1C "74. .5 5 5 Jan., ’74..5 20 7 Jft 16 25 6 20 16 3* 18 23 11 12 12 12 11 10 4 20 20 :o 18 id io 12 20 20 14 16 12 10 10 * * 3* 18 20 14 10 5 * 9* ■ T 16 20 10 7 10 10 10 14 14 10 20 10 T 14 216.767 14 158,628 10 cash, 20 10 , 12 20 12 20 16 ii'' Including re-lnsurance, 20 10 Jan 11 20 131,409 10 200,000 150,000 250,000 250,000 io 10 15 32,8 3 10 43,447 10 200.000 . 10 14 47/79 83.235 10 66,279 10 200,000 150,000 « Jan., ’74..5 7* Jan.,’74.. .5 5 Jan., ’74.10 Jan., ’74. .7 io Mch.,’7x31+ .... 20 12 250.706 18 1:6,03 !6 11.840 327,584 10 111,467 10 255,6*4 '6 331,379 10 184,417 12 96,107 12 183,209 11 11,634 12 57.8S3 10 15,7*19 10 165,316 16 . Jan., 74..5 Jan., ’74. .5 .... 10 10 10 190,218 46,539 200,000 210,000 200,000 . 10 15 18,386 10 87,540 20 26,101 . 10 10 20 10 5 14 t « 5 5 10 85.087 Rate. 10 13* 6 5 10 10 '0 13 12 10 14 14 14 10 10 • y T4. . ’io?” 70 104 80 90 96 114 250 97 72* 97 65 95 95 iso* ’ 125 140 100 75 85 160 SO 100 • * 115 218 90 30 * 75* 97 ICO 2*6* 5 150 100 80 100 75 100 100 180 ‘io6* 90 155 90 iCO* 170 *80*' 130 65 Jan., ’74.10 Jan., '74.10 Jan.,’74..5 Jan., ’74.10 Feb., ’74.10 J an., *74. J Jan., *74. .5 A pi., ’74..C Jan., ’74.1C Jan., ’74.10 Feb.,’71.10 Jnn., 74..8 Jan., '71..5 Jan., ’74 5 160 '80 ICO 165 147 65 HO ,’74..fi • 65 1*4 V Jan.. ’74..5 an. • 85 *195’* 85 *70 190* 110 *i50% 70 105 112 205 140 190 ioo** 75 80 60 160 Jan., ’74 5 Feb.,’74.io Jan., ’74..5 Feb.,’74. .5 Jan., ’74..5 ICO 85 Jan.,’74..5 80 Feb,, *74..5 J«n., ’74..7 140 Jan., '71..5 110 Jan.,’74..7 140 Jan.t *74 .5 125 105 65 90 65 95 *90' capital and profit scrip. Sistabe.] Price Bid. Months Payable. Ask 100 i'25 63 70 184 93 100 170 75 1841-63. 1R54-57. Croton water stock.. 1845-51. do do ..1852-60. Croton Aqued’ct stock.1865. do pipes and mains do reservoir bonds Central Park bonds. .1853-57. do do X85 85 161 100 ..1853-65. 1852, Improvement stock.... 1869 .do lo ....1869. var, Consolidated bonds Street imp. stock! var, do do var. 5 6 5 6 6 7 6 5 6 5 7 6 7 6 7 6 7 Feh.,May Ang.& Nov. do do do do , do do do do May & November. Feb.,May Aug.& Nov. do do do do do do May & November. do do do do do do do 1890 1883-90 1884-1911 1884-1900 1907-11 1874-98 1S74-95 1871-76 1901 89 95 86 95 S5 104* 95 86 90 16 88 15 96 105 96 88 95 96 96 104 97 105 97 103 101 101 1(3 96 do do do do do do 1878 1894-97 1873-75 1876 1889 1879-90 1901 1888 Mo 1879-82 102 95 103 1872-91 1885-91 1881-95 95 95 102* 1872-95 H Feb.,May, Aug.& Nov. May & November ’ 1870-80 1875-79 102 ;io 103 102 95 100 100 Brooklyn: City ...1819-65. bonds.. do ., 1861-65, Local imp. bonds.... 1862-65. do ....1806-70. do N. Y. Bridge bonds... .1870. Park boons 186(4-71, Water bonds 1X57-71, Sewerage bonds S years. Assessment bonds... do 1878 Feb.'74 1877 1876 1885 18S8 140 3< M .& S. onfiWCfc# hut date of maturity 5 t • July’70 Nov/73 1890 Feb. 1/74 1C90 IcT IF* 53.082 10 147,745 85,488 77,573 10 10 187 ,('86 .... 1877 Mav/73 1873 62,187 57,210 4,520 .244,672 123,827 93,874 59,418 22,533 Jan., ’74.25 Jan., ’74..5 Tan. ,’74.. !l) Jan., ’71. 6 8* 10 200,000 soo.ooo 150,000 200,000 do 1870. Floating debt stock— 1860. Market stock 1865-68. Soldiers’ aid fund 1863. do do 1863, Jan.’74 9,930 28 8* 17* 20 iso * I Bondsdue. Dock bonds .... 112,555 137,544 88.829 238,988 24 11 20 10 15 5 4 2(6** 65 90 no 210 100 80 Interest. 1882 1890 ,, 24.653 10 16 10 [Quotations by Geo. K. 82* May/74 80,6hu 11 2(7,874 20 105 Jan., 74 18-8 18-1 1834 1885 10' Feb. ,’74. .5 Jan., *74..5 10 Jan., ’54. .5 10 12* 12* Jan./74.7* 10 iio*’ vo 125 145 115 80 ’ 80 100 200 180 City Securities. 130 ’ 1884 7 7 7 7 J. & J. A.& O. A.& O. J. & J. 10 11-8,218 257,122 10* 260.705 16'' 18 10 74,4; 0 10 do 5 21,755 70,493 15,645 10 250,000 200,000 150,000 200,000 135 150 1880 May ,’74 1372 74,204 2 0.000 ,*73.10 Dec ., 891,016 69/. 13 36,872 86,766 in scrip and 5 per cent, in New York: Water stock Jan,. 74 337 974 204,000 150,000 150,000 200,000 1,0 0,000 500,000 20r,,000 200,000 200,000 150,000 250,000 200,000 2,500,000 150,000 600,000 200,000 200,000 200,010 150,000 280,000 150,000 200,000 150,000 200,000 300,000 20 20 20 .... 20,344 27,093 50,131 150 ...... . 7 S 7 3 7 J. & J. J & J. Williamsburg City. 98,640 65 # Feb.,’74.10 20 Jan., ’74.10 20 20 20 13* 7 Jan. ,’74.8* 33* 13 14 Feb.,'74. io 14* 14* 20 10 17 Jan., *74..7 14 14 J- n., ’74..5 10 10 10 5 10 Jan., ’74..5 10 11 5 11 Jan., ’74..5 10 10 20 18 8* 8* Jan./74...6 20 20 Ap ’74.15 20 20 10 J n.,*74 .5 10 10 10 10 10 an., ’74..5 4 7 Jail., ’74..5 5 Jan., '74..5 20** io * 5 Jan., '74. .5 io Jan., ’74..5 10 IF* 10 193.994 200,000 12 10 iF is” iF 20* 214,850 224,865 227,382 200,000 153,000 300,000 210,000 250,000 300,000 2(0,000 200,000 1,000,000 40 800,000 100 200,000 30 200,000 t Over all liabilities, 175 ..... 7 % United States 10,462 200.0(0 ... 99** ioo* 2/71...5 Last 5 5 5 5 J. & J. J. & J. J. & J. 141 diviuend. 7 Q-F. Q-F. 143* 2.74...5 5 M.& S. F. & A. 200,000 9(0,000 Tradesmen’s Metropolitan 85 1,74...6 5 M.&N. J.&D. F.&A. A.&O. M.&N. M.&N. J. & J. Mech.&Trad’rs’ 87*" 250.000 Place.] Rate. M.& S. J. & J. *•»••• Manhattan 45,287 12 15,193 10 48,768 318,257 20 200,000 Montauk (B’klyn). Nassau (B’klyn)... 37* National 35 N. Y. Equitable.... 100 New York Fire N. Y. & \ onkers.. 100 60 Niagara 25 North Elver 25 Pacific 100 Park 20 Peter Cooper 20 People’s 50 Phenix (B’klyn) .. 50 Relief 100 Republic 100 Resolute 25 Rutgers’ 100 Safeguard 25 St.Nicholas 50 Standard 1P0 Star 100 Sterling 254,000 SOO.OOO 797,000 0,000 125,000 130* 400.000 Bonds. J.& J. J. & J. M.&N. A.& O. 2,000,000 Long Island(Bkly.) Lorillard Manuf & Builders’. Jan. 2/74...4 J.&D. 2,000,000 Lenox May 1, 74...5 J. & J. 900.000 200,000 150,000 315,000 750,000 250,000 135 Jan. 2/74...4 Jan. 2.74...5 J. & J. A. & O. F.&A. J. & J. 1,000,000 203,000 800,000 350,000 Lafayette (B’klyn) Lamar.. [ Knickerbocker 73. .3 2/74...6 Jan., 74...4 May. 9/74.. 4 Jan.2,’7».2*g 8 12 11 8 600,0'0 214.000 170.000 115 100* Askd. 62* 3* Jan., *74..5 Jan.,’74..5 £0 14 Jan., ’74..7 115 10 Jan., ’74. .5 100 5 Jan., *74..5 70 95 Jan..’71..5 10 5 14 6 10 15.235 10 6,598 200,533 IF" 17 200,000 *95* Jan. Jan. M.&N. J. & J. 750,000 Kings Co. (B’klyn) 110 2,74.3* 9/74...4 Feb.9,*74...4 Jan. 2.*74...3 F. & A. 220,000 Irving ioi* * 100 50 100 25 50 25 190 25 17 20 70 100 30 100 50 100 Mercantile Merchants’. Jan. Jan. Jan. Feb. 9 Hope Importers’* Trad.. Jefferson..., 130 128 1870 1871 1872 1373 Last Paid. Bid. 1874.* 200.000 15 i35 May 1, 74...3 550.000 1,200,000 Firemen’s Firemen’s Fund.... Firemen’s Trust... Gebhard German-Amen can Germania Globe Greenwich Jan. 2.74 ..4 Jan. 2,74.3* Jan. 2/74...6 , — 25 112 101 Jan., 5 000,000 100 25 New York do 386,000 750,000 do certiticates Mutual, N. Y Nassau. Brooklyn do scrip Williamsburg 1.850,000 50 20 60 100 Harlem Exchange.., Farragut no 120 110 Jan. 2/74...4 Q-F. 2.000,000 170* iso** Jan. 2/74...5 Jan. 2,74...6 Par Amount. Periods. 25 20 Eagle Empire City Howard Jan. 2/74...4 and City It.II. Stocks and [Quotations by Charles Otis, 47 Exchange Brooklyn Gas Light Co Citizens’Gas Co (Bklyn Fire— Commercial Continental commerce 130 July 1/73...S Jan.,2,74. .4 Jan., 5/74...5 Apr. 1, 74. .4 May.11.74..4 Apr. 10 *74.. .4 8 4 Clinton Columbia 145 May 1/7)....5 n 8 12 10 City Guardian Hamilton Hanover Hoffman Home May 1, 74...4 May 1/74.... 5 8 8 i25* 200* July 1,73...3 May, 73...5 12 12 12 10 7 8 5 6 10 12 . Citizens’ 124 Jan. ,2/74. ..5 • 10 12 Brooklyn Feb. 10/74..5 6 5 8 3 6* i22* Feb.12/74.3* 14 7 12 16 12 10 7 8 9 Bowery Brewers’ & M’lst’rs Broadway 100 103 Jan., ’73...4 Jan.,2,74...6 Jan., 2,74...5 7* 135 Jan, 10,’74...5 10 4 8 8 10 **-**• 134 102 ’Ioi* Jan., 2,’74... 7 Jan., 2,’74.. .5 Jan., 1/71...6 12 6 105 145 86 Jan. 2 ’74.. 4 Mch. 1/74...4 10 10 8 10 10 8 6 10 8 . . 4 12 « . 88 14 8 12 7 10 10 12 8 M.&N. J. & J. 200.000 • , 8 4 J. & J. J. & J. J.& J. F.&A. F.&A. J. & J. J. & J. J.& J. J. & J. M.&N. J. & J. J. & J. J. & J. 412.500 . 7 20 10 Q-F. 422.70’ 2,000,000 Apr.l. 74.2* Apr. 1. 74...3 9» Jan. 2, *74.. 4 10 May 1, ’74.6* 8 Feb. 1, ’74...3 May 1, *74...7 10 Nov.,1,’73..10 20 May 1,’73. .5 10 Jan., 2,’74...5 Price. Dividends. Jan. 1, Adriatic oEtna American American Exch’e.. Arctic Atlantic i2C* 14 15 . t f . . 500,( HX) 7 7 14 20 8 10 8 Q—J. Q-J. ’2(0,000 100 100 7 10 16 6* 260,000 p Jan., 2,’74...5 May !, ’74.. 10 300 Jan.. 5,’74. .-4 121 3* July, 1’73.8* July, "72.3* 166' ‘io** Feb. 2, 74...5 121 12 Jan., ’74...4 Gas do t sub plus, 111* 115 2,’74...5 Mch.1/74..16 Jau. J. & J. J. & J. 350,000 5 24 16 10 8 12 100 10 20 8 24 20 10 8 12 36 10 20 8 ill Jan., 2.’74. .6 Jan., 2,*74..12 Jan., *73...4 Jan., 2/’74...5 123 July 1.-73...4 101 broker, 65 Wall street.) Ne Capital. Askd Companies. J. & J. 1,000,(XX) 25 25 100 100 100 30 100 100 100 25 •••• — • Manuu trers’* J. & J. J.& J. 250,000 1,000,000 40 Loaners'* Jan. 2,*74...5 Nov. 1,73... 4 M.&N. . Importers’ & Traders’. Irving 10 8 10 8 25 300,000 Q-J. 25 25 800,000 J & rJ J. & J. 100 2,000,000 25 450,(XX) J.& J. 100 300,000 ev.2 mos J. & J. 400.000 25 M.&N. 100 1,000,000 J.& J. 100 10,000,000 J. & J. 750,000 100 J. & J. 100 2,000,000 F.&A. 100 1,000 000 Q-J. 100 100,000 Grocers Hanover Harlem*....... East Paid. J.& J. 8,000 000 5.000,000 loO pry Goods* East River... fulton 1873 Pax- Amount. Bowery Broadway Bid. 1872 Par Amount. Periods. (Quotations by K. S. Bailey, Price. Dividends. Capital. Companies. Stock lifst.4 Insurance Bank Stock List* of &0Hd4, 1<5 100 ’ico* Jersey City: Water loan do 1852-67, 1859-71 1866-69. Sewerage bonds Bergen bonds 1868-69. Assessment bonds... 1870-71. January & J uly, do »do do do do do do do do do do do do do do do January & July. do do " do do Jan., May, do do July & Nov. 1911 1915-24 1881-1902 various various 18771899-1902 1872-79 1874-1900 1875-91 95 96 2* i<2* 102* 15 101 101 96 102 H2 85 95 95 95 96 16 96 502 THE .CHRONICLE. 1874, present, the Governor, the Auditor of Public Accounts, the Second Auditor, and the Treasurer. On consideration of’ the question referred to them, it was Resolved. That relying on the revenue to be received at the Treasury and the balance now on investments AND STATE, CITY AND CORPORATION FINANCES. hand, it will be practicable, in the opinion of the hoard to July next, the payment of the January, 1874, interest provided for by said act. to wit: Two per cent on the six per cent, and one and two-thirds on the five per cent stock issued under the act of March 30 1871, and the like rate upon two-thirds of the face of the stock not funded • commence on JST EXPLANATION OF STOCK AND BOND TABLES. 1 • Prices of the rao«t Active Stocks and Bonds are given in the “ Bank¬ ers’ Gazette,” previously. Full quotations of all other securities will be found on preceding pages. 2. Government Securities, with full information in regard to each ssue, the periods of interest payment, size or denomination of bonds, and numerous other details, are given in the U. S. Debt statement published in The Chronicle on the first of each month. the 1st of and ’ Resolved, further, That payment at the same rate, for interest due Julyl 1874, will be made as soon as the condition of the treasury will warrant it of which due notice will be given. Alabama & Chattanooga.—The sale of this road is postponed by order of court, until the first Monday (being the sixth day) of 3. City Bonds, and Bank, Insurance, City Railroad and July, 1874. Gas Stocks, with quotations, will usually be published the first three weeks of each month, on the page immediately preceding this. Alleghany Talley.—The Philadelphia Ledger says : 4. Tlie Complete Tables of State Securities, City Securi¬ Owing to the prolonged illness And recent death of Colonel ties, and Railroad and Miscellaneous Stocks and Bonds Phillips, the late president of the Alleghany Valley Railroad Co., will be regularly published on the last Saturday in each month. The publi¬ and the unsatisfactory and irregular method in which the ac¬ cation of these tables, occupying fourteen pages, requires the issue of a supplement, which is neatly stitched in with the usual edition and furnished counts of the company have been kept, we learn that it has been to all regular subscribers of The Chronicle. unable to meet promptly its maturing obligations. Mr. John Scott of Pittsburg, who has just been elected its president, has Louisiana Finances.—The following is from a letter to Mr been applying the immediate cash resources of the company to John B. Manning of this city from the Auditor of the State or the payment of the last two months’ wages of the employees, and Louisiana: with the aid of Mr. J5hinn, his assistant and controller, is ex¬ In reply to your communication of the 8th instant, would say amining into the condition of its affairs. A statement may he ex¬ that the coupon enclosed falls due after the 1st January, 1874. The new consolidated bonds will be dated January 1, 1874, and pected as soon as these investigations are completed.” Will draw interest from that date ; consequently no interest will Baltimore & Ohio.—In one of the suits against the Parkers¬ be computed on the old bonds after that time. All coupons due burg Branch Company, to recover money paid on certificates of on or before that date will be paid during the year in cash. stock fraudulently issued by the late Treasurer, the United States Coupons partially due at that time will, I suppose, be added to Circuit Court has decided in favor of the plaintiff, holding that he the face of the new bonds. is entitled to recover from the company. The case is to be taken The Funding act is now being carried out. to the United States Supreme Court, and tlie decision will The board is proba¬ organized, bonds are being prepared and preparations for the bly govern the other suits. exchange going forward as rapidly as possible. Nothing will be Burlington & Missouri River Railroad in Nebraska.— given to represent the 40 per cent of reduction ; each exchange The Burlington and Missouri River Railroad Company, under must be absolute and complete. The new bonds, however, and the law will be sufficient evidence of the transaction. The injunc¬ an act of Congress, passed July 2,18G4, became possessed of a tion against the $1,000,000 8 per cent levee bonds is still in force. land grant of 20 sections for each mile of road they might con¬ struct and equip between Platts-iMouth and Fort Kearney, and New York State Finances.—The Albany Journal says: The the State of Nebraska also granted to the Company 2000 acres State tax for the present year, under the tax bill which passed per mile, but in all not to exceed 50,000 acres. the last day of the session, will be as follows : The Congressional endowment aggregates 2,382,208 acres,of Mills. which 527,428 acres had been sold up to Dec. 31,1873 to 4,206 For general fund ^A purchasers for 4,185,818, or at an average rate of $7.93 per acre. For bounty debt 2 1478781 For common schools For deficiency..., For new capital For asylums, etc For interest and redemption “ • . . - . . . of State debt . For.appraiser’s awards For work new on canals and extra Total Deduct amount for Tax . repairs. . IX A A 6-16 1-10 7-32 A 1% A _ deficiency chargeable to 1874 6% The tax levied last year was G 95-100 mills. If we deduct from the total of this year’s levy the one-half mill provided for the *• deficiency of last year, it reduced the next tax of 1874 below that The following schedule shows the rate of tax as levied each year since 1869: of 1878. Mills. 7 41-156 1870.... Mills. s 6 95-100 5 70-120 9A , IX South Carolina Finances.—It appears that the committee who have been in New York to fund the State debt met with little success. It was proposed to fund the various issues of State bonds by giving a consolidated bond to the holders at the rate of fifty cents on the dollar. But in the debt to be funded about $6,009,000 out of the issue of $7,500,000 conversion bonds is excluded, as they are held to be void. About $1,500,000 of the bonds were issued legally in exchange for the other bonds of the States as the law designated, and these are held valid. After this amount had been issued, it was found that the remainder of the $7,500,000 had been sent to New York, and placed in the hands of Mr. Kimpton, the financial agent of the State, and it afterward appeared that they had been hypothecated from time to time by Mr. Kimpton for small amounts, called for by the State authorities to meet current expenses. It was undoubtedly the intention to redeepi these bonds, but when the debts were matured the money was forthcoming, and consequently the bonds were sold. In this way they went upon the market, and of the $6,000,000 issued the State received about $2,800,000. The following table, given in the Daily Bulletin, shows the numbers of the conversion bonds turned over to H. H. Kimpton: Colors. Red Red Number. Blue Red Bonds. Den. Amounts. 1,131 to 2,450 inc. 2,476 to 3,500 inc. 1 to 3,270 inc. 1,320 1,025 3,210 1,000 $1,320,000 1,000 301 to 1.000 inc. 700 600 1,250.000 3,270,000 350,000 .' $6,190,000 . The 1,000 the numbers of the $7,542,000 regularly issued, as appears from the register in the office of the State Treasurer: Red $1,000 from 1 to 519 inclusive, from 521 to 1,130 inclusive, and from 2,451 to 2,475 inclusive. Blue $1,000—3,271 to 3,496 inclusive, and number 3,493. Red $500 1 to 237 inclu¬ sive, and from 1,001 to 1,200 inclusive; also red $100 from 1 to following are 120 inclusive. Virginia Finances.—At act of a meeting of the board appointed by April 22, 1874, to provide for the General Assembly of paying interest on tlie public debt, held in Richmond, May 11, This is exclusive of the land sales cancelled. The amount of government land patented to date is 2,370,413 acres; and the amount remaining unsold 1,854,780 acres. The road, as now existing, connects with the Chicago, Bur¬ lington and Quincy Railroad atPlatts-Mouth, and with tlie Union Pacific Railroad at Kearney, the distance between the two points being 190.66 miles. In all this distance there is no grade over 32 feet to the mile ; the average grade is governed by the fall of the Platte river from Fort Kearney to Platts-Mouth which is only 1,100 feet. No sharp curves occur in all the line adopted. It is a thoroughly built road and well equipped ; and in these respects will compare well with the average railroads of New England. The main line was completed to Lincoln, 55 miles, July 26, 1870 ; and so far opened for traffic August 1, 1870; it was com¬ pleted to Harvard 81 miles further west, December 20, 1871, and the whole road to Kearney was opened September 3, 1872. The Omaha and South Western Railroad was leased August 1, 1871. At this date the road was in operation from Omaha to Cedar Island 10 miles; and the whole road from Omaha to Oleapolis, 18.55 miles, was opened November 2, 1871, and from Crete to Beatrice, 30.09 miles, December 20,1871. The rental paid under the lease of the Omaha and South-west¬ ern Railroad is the interest at. 8 per cent on $20,000 of bonds per mile. The company also paid $61,000 in cash for the whole of the capital stock of that Company, which brought with it the right to 30,000 acres of land from the state of Nebraska, and $50,000 of the 8 per cent bonds of Gage County. The amount of bonds claiming 8 per cent rental is $1,034,000, which was the issue on the original length of the road, 50.68 miles. In order to get a better connection, when the bridge over the Platte River was built, the line was shortened by 2.02 miles. The lease of this road gives the main line an outlet at Omaha, and a con¬ nection with the Chicago lines coming in at that point. Between Omaha and Kearney the distance is 204 miles. Lands have sold well and population increased rapidly, The land sales in 1872 amounted to 114,276 acres, and in 1873 to 232,803 acres, or a duplication of the amounts sold in the latter over the former year. The alternate sections owned by the gov¬ ernment, are now mostly occupied by settlers; and hence the Company will have little competition in future years, and the value pf their remaining lands must inevitably appreciate. The prairies traversed by the lines of this company are wood¬ less, except to a partial extent along the rivers, and hence coal is the chief fuel, which is received at Piatts-Mouth, chiefly from the mines of Iowa at comparatively high prices. By extending the Beatrice line between 90 and 100 miles south the coal of Kansas will be reached, and before long the Wyoming coal of the Union Pacific Company will be available to the west end of the route. In the meanwhile the Company have been experi¬ menting in tree-planting, and they introduced in the spring of 1873, 600,000 young trees, which have flourished to a wonderful extent. The experiment, indeed, has been a success, and the only drawback to be feared is the prairie fire, which as cultivation proceeds will be permanently and surely prevented. The plant¬ ing has been done mostly along the side of cuts, where the trees may in future serve to some extent as a wind-break, and a pro¬ tection from snow. May 16, THE 1874.] 503 CHiiONICLE. negotiated, but the road, as charged on one side, subsequent]y pecuniarily, In 1872, Messrs. Elliott, Collins & Tint—Platts-Mouth, Neb., to Kearney Junction, Neb 190.66 miles. Co., bankers, of Philadelphia, advanced funds to the road to the nSa and ) — Omaha, Neb. to Oreapolis, Neb 18.55 extent of $122,000, and the directors thereafter authorized an °£w RR \ -Crete (75 m. W. Platts-Mouth),Neb. to BeaS.W.iut) trice, Neb 30.09-48.64 “ additional mortgage for $400,000, which mortgage came into the Total length of railroad owned and operated 239.30 miles. possession of a Mr. Stillman, who is now suing to foreclose it for non-payment of interest, and to restrain this foreclosure is the Sidings and other tracks 20.76 “ object of the present suit, brought by Messrs. Elliott, Collins & Total length of equivalent single tracks 260.06 miles. Co. They allege that the second mortgage was not legally issued, ziange 4 feet 8X inches. Rail 48 and 56 pounds. ’Fauirrment—Locomotive engines 14. Passenger cars 12; mail and baggage and that the attempt to foreclose it is a conspiracy to defraud rareV way cars 3; box freight cars 152; coal cars 43; platform ears 85; derrick unsecured creditors. car p’tool car 1-s rubble cars 26; and iron cars 3. Total of all, revenue cars 333. Also 56 hand cars. Chicago, Danyille & Vincennes.—A meeting of those who OPERATIONS AND FISCAL RESULTS. own property along the proposed line of the Chicago, Danville & Vincennes Railroad, between Chicago and Thornton, and have Engine Mileage—Passenger engines run 154,033; freight engines 128,199; transportation engines 13,287; construction engines 21,454; and switching en¬ subscribed land or money in aid of the line, was lately held. Mr. emies <4 661. Total of all engines 392,234 miles. Cost of labor and material Young, President of the Chicago, Danville & Vincennes Railroad, *94 426 or 24.07 cents per mile run. Coal used 7,182.3 tons, and wood 298 cords. was present, and explained the proposition which was made to Passenger Traffic—Passengers carried—west 44,167 and east 37,050: total 81 217Passengers carried 1 mile—west 2,568,261, and east 1,736,504: total the subscribers by the Chicago and Southern Railroad, which was the ^Freight Traffic—Freight moved—west 59,417.38 and east 66.702.74: total had assignee of the Chicago, Danville & Vincennes Railroad, and undertaken to complete the work which the latter found jog 120.12 tons. Freight moved 1 mile—west 4,901,265.61 and east 4,102,349.56: itself unable to perform on account of embarrassments arising total 9,003,615.17 tons. Crross Earnings— Passenger $199,805; freight $390,070; and miscellaneous from the last fall. The Chicago & *38 553 Total ($2,626.13 p.m.) $628 429 Company panic ofbind itself to finish the road,Southern Railroad would have regular Operating Expenses, including Insurance and Taxes (54.77 p.c.) 344,215 trains running over it in four months’ time, and the property if mft Earnings—Results of the year’s business $284,214' owners along the line would transfer to it their subscriptions, Statement of gross earnings, operating expenses and nett earnings, since and (when money had been subscribed) would vary its payment, so that one-fourtli of the subscription should Le paid when oneNett Gross Av. miles Operating earnings. expenses. earnings. fourtli of thq road was done, another quarter when one-fourth operated. 55.00 $45,804 $37,389 more was $83,193 1870 (5 mos). completed, and so on till, when the last quarter of the 102.59 121,775 101,484 226,259 road was completed, all the money should be paid in this way, 115.820 168.14 334,875 450,695 1872 ( 239.30 628,429 344,215 284,215 the means necessary for the work could be obtained. The 1873 ( assignee was to give bonds in double the amount of subscriptions. 165.37 $829,378 $559,198 Total 165.37 $1,388,576 The meeting with one dissenting vote, adopted a resolution Interest on bonds has been paid from nett earnings, and the nett proceeds of acquiescing in this proposition, land sales. The O. & S. W. ICR. came in under lease, August 1, 1871. Central Railroad of New Jersey.—At the annual meeting LAND DEPARTMENT ACCOUNTS. of the stockholders of the New Jersey Central Railroad, the fol¬ Land granted by United States 2,382,208 acres, of which 2,370,413 acres have lowing directors were elected : John Taylor Johnston, Benjamin been patented to the company. Lands received from the State of Nebraska direct 50.000 acres. Williamson, John C. Green, Frederick T. Frelinghuysen, Henry Lands enuring from State of Nebraska, through the Omaha and South-western D. Maxwell, Adam Norrie, James Boorman Johnston, John Kean Railroad (a part already received) 30,000 acres. and John Leisenring. Total of all lands received by, or enuring to, the Company from the United ROAD AND and EQUIPMENT. became involved * States, and the State of Nebraska 2,464,208 acres. Total number of purchasers to December 31, 1873, 4,206. Total sales to same date 527,428 acres, for $4,185,818, viz: on Delaware & Hudson Canal long (10 years at $4,037,228; on short (one-third cash, and the 6 p. c.) credit 503,268 acres, for balance in one and two years at on cash 9,046 acres for $59,973. 10 p.c.) dredit 15,114 acres, for $90,617; and principal $248,771; on interest $407,547, and for . $668,134 Special deposits $4,638 and miscellaneous receipts $2,423 7,060 Total from sales on principal, interest, ca^h, Ac $675,194 Expenditures for Agencies, fees, taxes, and all other disbursements, $179,072; paid to Treasurer of R. R. Co. $195,284; and cash on hand Receipts to Dec. 31, 1873—on cash $11,766 Railway.—The English accountants employed by the selected by Mr. James McHenry to investigate the condition of the books and accounts of the Erie Railway Company, arrived in this city on Tuesday, from Liver¬ $853,780 pool. The gentlemen are Mr. James Glegg, partner in the house of Quilter, Ball & Co., and Mr. H. Bishop, member of the firm of Turquand, Young & Co. They are accompanied by Mr. Edward Jones and Mr. P. T. Duffy, experienced clerks. $675,195 $838... FINANCIAL CONDITION AT CLOSE OF YEAR. Capital shares, sold to takers of bonds, 85,378—nominally let mortgage, 8 per cent convertible bonds, secured by an undivided two-thirds of the land grant, dated July 1, 1869, and due July 1, 1894 $5,715,000 Unsecured 8per centbonds, dated Jan.1,1873, and due Jan. 1,1833 (convertible till Jan. 1, 1872) 528,948 1st mortgage 8 per cent bonds of O. & S. W. R. R. Co, as¬ sumed on leasing that road, dated June 1.1872 and due June 1,1896 1,034,000-7,277,948 Bills payable... 118,228 Earnings since Aug. 1, 1870. $1,388,576, and expenses $829,378 559,198 Receipts from Land Department 195,284 $9,004,488 Total liabilities Cost of road and equipment Coupons paid on bonded debt Cash on hand December 31, 1873 Materials, and Sundries to balance Total Property .....about $7,800,000 582,228 145,904 476,356 $9,004,488 and Assetts “County and precinct bonds,” mostly drawing 10 The Company hold also per cent interest, voted in aid of the road, the legality of'some of which is questioned—amount $412,500. The Report comains no detailed statement of balances, but gives sufficient information to make up the above proximate exhibit, which is presumed to be nearly accurate. Burlington & Southwestern.—At a special meeting of the Burlington, la., over three-fourths of the stock was represented. The stockholders voted the issue of preferred stock for $3,100,000, of which a part will be exchanged for out¬ standing bonds and the remainder used for the road and in settling stockholders in the floating debt. Cairo & St. Louis Railroad.—A meeting of the directors of further miles, was given to the con¬ They will begin work on the 1st of June and complete it by the 1st day of November next. This portion of the road is nearly all graded ; there is iron enough at Cairo to lay forty miles of the track, and the ties are upon the boro to Cairo, a distance of sixty tractors, H. R. Payson& Co. line. Cayuga Lake Railroad.—A suit was tried lately in the Supreme sought, to restrain the foreCayuga Lake Railroad. The history of the road and the transactions out of which the litiga¬ tion arose, appear to have been as follows : The road which is I about forty miles in length, was begun on a nominal capital of $1,000,000, of which sum, $650,000 was subscribed, and $400,000 actually paid in. A first mortgage for $800,000 was executed 1 Erie British Erie shareholders and Geneva & Ithaca.—An agreement of consolidation has been the Ithaca & Athens, made by the directors of this company and which was to he voted on by the stockholders special meetings to be held May 9. dated company will be Geneva, Ithica at of both companies The name of the consoli¬ & Athens. Jersey City & Albany.—Trains began running over this road again May 11. It will be operated by the New Jersey Midland The Rockland County and worked as a branch of that line, Journal of last week had an article in regard to the Jersey City & Albany Railroad, in which it says that though little has been heard of the road since the panic, arrangements have been completed whereby all the necessary money is provided for, and it is believed that within a year the road will be in full operation to Haverstraw, if land-owners along the line are liberal as to granting the right of way. Junction & Breakwater.—It is reported that the Philadelphia Wilmington & Baltimore Company has purchased a controlling interest in the stock of this company. The road is 30 miles from the end of the Harrington Branch of the Delaware at long, road, Delaware Bay. There is a the road to the State of Delaware. Harrington, Del., to Lewes, on mortgage of the Cairo & St. Louis Railroad was held lately at Murphysboro. An agent of the Amsterdam bondholders of the road was present, and report of the earnings of the road was made. A extension of time for the completion of the road from Murphys¬ Court in this city, in which it was closeure of a mortgage against the Company.—The Delaware and Company has elected the following Board of Man¬ agers : Charles N. Talbot, A. A. Low, Robert Lennox Kennedy, James L. Halstead, Legrand B. Cannon, James P. Taylor, Thomas Cornell, Thomas Dickson, John Jackob Astor, Robert M. Olyphant, George Cabot Ward, J. Pierpont Morgan and W. J. Hoppin. Officers were elected as tollows : Thomas Dickson, President; James C. Hartt, Treasurer, and George L. Haight, Secretary. Hudson Canal $400,000 on Keokuk & Des Moines Railway.— We have the following official statement regarding this newly organized company: The road was formerly a part of the Des Moines Valley R. R. (Keokuk to Des Moines, Iowa, 162 miles), and was newly incor¬ porated January, 1874. The gross earnings have steadily in¬ creased under the new administration, those of March and April being in excess of the two previous months about 33 1-3 per cent. The coupons of $1,848,000 of the authorized issue of $2,300,000 of first mortgage 7 per cent 30 year bonds have been funded up to and including April 1, 1876, into ten year 8 per cent bonds, bearing interest from October 1, 1874. With the appropriation of this amount of nett earnings, and the proceeds of the first mortgage bonds reserved in the Treasury, the road is being put in good condition. Tlie authorized indebtedness does not exceed $15,432 per mile, while the original cost of the Des Moines Valley R. R. (Keokuk to Des Moines, 162 miles) w*a $6,693,480. About 4,500 tons of new rails and further equip¬ ment have been provided. 504 THE HOAD AND CHRONICLE the EQUIPMENT. Main line laid with track from Keokuk to Des Moines Second traca and sidings on same 162 miles. 14 miles. Gauge 4 feet 8% inches; weight of rail, 56 and 60 pounds to the yard; laid with steel rails in part. Number of locomotives Number of cars for passenger trains 8 wheel cars for freight and construction . 1 16 * .. 15 trains Operations in March, 1874. . Earnings from passengers Earnings from freight.... Earnings from other sources. 289 $11,543 26 39,103 58 3,612 35 Total for month of March $57,259 19 Operating expenses and taxes for month Nett earnings Capital stock paid up First mortgage bonds, 7 per cent, due in 1904 Funded interest bonds, 8 per cent, due in 1884 . Total liabilities $34,303 22,955 3,924,600 1,895,0*00 258,720 63 56 00 00 00 $6,078,320 00 Director*.—Henry A. Barling, Edward D. Mandell, Aug. Johnson, Tlieo. Gilman, Robert C. Geer, James Grant, W. C. Nicoll, O. C. Hale, and C. Seguine Johnson. Officers.—President and Treasurer, Henry A. Barling; Secretai'y, A. Bridg¬ man. Principal Office Fiscal Agency Keokuk, Iowa. 48 Pine street, New York. Lehigh Coal & Navigation Company.—The Philadelphia Inquirer* ays :41 Of Lehigh Navigation 4,300 shares changed bands (May 13) at from 45£ to 44, closing at the latter price, a decline of -If. The dividend on the Lehigh Navigation Company will be due on the 2Gth instant, and its payment depends on the contin¬ gency of the successful negotiation in London of several millions of dollars of the bonds of the Honey Brook Coal & Land Com¬ pany, guaranteed by the New Jersey" Central Railroad Company. If these bonds can be sold in time for the dividend, one will be declared, and if they are not sold, the dividend will not be declared until such sale is consummated.” Lehigh Valley Railroad—Spring Valley Coal Co.—A lease of part of the property of the Spring Mountain Coal Company to the Lehigh Valley Railroad Company from June 1, 1874, till De¬ cember 1, 1884, has been signed by both parties in Philadelphia. The Lehigh Valley Company are to pay, without any condi¬ tion or reservation, seven per cent, upon the capital stock in semi annual payments. The Spring Mountain Company are also to receive one-lialf of any profit realized from the business in excess of said seven per cent, on each and every year when made, the railroad company agreeing not to charge for transportation higher rate than is paid by other parties in the same region. The Spring Mountain Company also reserves properties and privileges which will, it is estimated, be made to realize one per cent, additional dividend annually to the stockholders in addition to the participation in net profits of the business. Michigan1 Lake Shore.—D. P. Clay, Receiver for the Michi¬ gan Lake Shore Railroad, has filed liis account in the Clerk’s any Office of the United States Court for the Western District of Michigan, from which the following items Cash on are hand • Receipts $8,059 91 72.816 07 Total Disbursements Balance taken: on $80,875 98 . 24,970 67 hand $55,905 31 The earnings of the road for the month of March were $7,839 90. Of this amount $4,852 01 was paid out for current expenses. New York & Oswego Midland Railroad.—Messrs. A. D. Mather & Co., bankers, Utica, N. Y„ have issued a circular to the first mortgage bondholders of the New York & Oswego Midland Railroad Company, inviting a meeting of such bondholders, or their representatives, at Utica on the 26tli instant, for the purpose of considering and maturing some plan for united action to pro¬ tect their interests. They state that they have carefully investi¬ gated the rival and conflicting claims, interests and plans proposed by various parties and committees looking to the sale of the road under the first mortgage and a reorganization of a new company and they have come to the conclusion that “your securities are in imminent danger of being greatly depreciated in value, if not wholly lost, and that their value largely depends upon prompt concert of action ob our part.” Pennsylvania RR.—Low Grade.—A new railroad route from Harrisburg to Pittsburg was opened for business on the 4tli inst. by the formal inauguration of the Bennett’s Branch or Low Grade railroad, from Red Bank, a point on the Alleghany River to Driftwood, on the line of the Philadelphia and Erie Railroad The terminal points of this new road are upon the waters falling into the Gulf of Mexico and Chesapeake Bay respectively. It crosses the dividing ridge at the Alleghany Mountains at the most favorable point, with a grade not necessarily heavier than It is contemplated to run the heavy twenty-six feet to the mile. freight of the Pennsylvania Railroad this route instead of law State appertaining LMay 16, 1874 of last winter, creating a lien upon lands the St. Paul & Pacific Northern Exten. Receiver Farley has filed specific and general - to sion Lines, denials with the Governor as struction and material claims all to the liabilities for con¬ filed, amounting to $767 957 including one by DeGraff & Co. for $664,498. Under the’law claimants must commence suit within sixty days, and if they recover, six months after judgment is allowed for payment. This is expected to carry the matter over till after the meeting of the next Legislature. Failing to secure relief there, the Dutch bondholder, who claim they have once furnished money for the payment of these same claims, and expect within a short time to take full possession of the St. Paul & Pacific lines and extensions will abandon building the Brainard Extension, and connect with part of the St. Vincent Extension, already completed from the main line at Breckinridge, thus surrendering the extenson landgrants for the incompleted portion, The bondholders and Receiver are advised they can hold lands already acquired on the St. Vincent Extension, for which patents will soon issue, and that the De Graff Lien law will be void as heir engineers estimate that sion lines will cost $4,000,000, to them. the completion of the two exten¬ ranking the land accruing thereto cost $4 an acre, while the connection by way of Breckinridge, with Pembina, will require only 92 miles of road, of which 6'i are now graded. The United States Senate voted, May 4, to extend for two years the grant of land previously made to aid in the construction of the extension lines of the St. Paul & Pacific RR. in Minnesota. Samuel J. Tilden of New York and Edmund Rice and Horace Thompson of St. Paul, Minn., trustees, have filed complaints in St. Paul against the main and branch lines of the St. Paul and Pacific Railroad for the these lines, and securing purpose of foreclosing the appointment of a mortgage on a receiver. Selma Rome & Dalton.—The commissioners appointed to make the foreclosure sale by the Alabama Chancery Court, give notice that the sale will be held at Selma, Ala., June 30. The road, which includes the line from Selma northeast to the Georgia line, 72 miles, will not be sold for less than $1,200,000, of which $200,000 must be paid on the day of sale. The equipment and jersoual property will be sold for not less than $510,000, of which $15,000 must be cash, and the lands for not less than $250,000, $30,000 down. The 64 miles of the road in Geor¬ gia are not included in the sale. Texas & Pacific Railroad—California & Texas Construction Company.—At the recent special meeting of the stockholders of the California & Texas Railway Construction Company in Phila delphia. the resolutions, which were unanimously adopted, were as lollows : That a committee of three persons, stockholders of this company, be desig¬ nated to take charge of these subscriptions ($1,890,000 yet due from subscrioers to the stock) as they are paid in, and appropriate and apply the same- first, to the build.ng of the line from Dallas to Fort Worth, 31 miles 5 second, to the equipment of the line as now operated ; third, to the extension of the work from Brookston to Texarkana, 96 miles. This line, when completed, to entitle the Construction Companv to $4,445,000 of construction bonds, $1,905,000 of land grant bonds and $3,175,000 of stock, deliverable to said committee as the road may be completed in sec¬ tions of 20 or more miles. Tha' to raise the fnnds required, said committee be authorized to sell to the full paid stockholders, or to those who may give the committee security in such form as maybe satisfactory to them for the full p lyiuent of the balance of the same on or before the first day of August next, so much of said ai-sets as may be necessary to secure said funds on the following basis: Con¬ struction bonds, 50 per cent of their par value, with a bonus of 50 per cent in stock on ihe face of the bonds, and 50 per cent in land g'ant securities. After the above action was taken the Board of Directors met, and named Messrs. George B. Roberts of Philadelphia-, Henry G. Stebbins of New York, and Silas F. Miller of Louisville, Ky., the committee of stockholders to take charge of the subscriptions. In accordance with the stockholders* resolutions the committee now offer to stockholders whose subscriptions are, or shall be paid in full, the right to subscribe any time before the 15th of June next for the construction and land grant bonds and capital stock issued and to be issued by the Texas and Pacific Railway the line of road from Dallas to Fort Worth, and Brookston, in all 127 miles, upon the follow¬ ing terms and conditions : The bonds and stock offered to be divided into shares, each share to consist of 2000 first mortgage 6 per cent, gold construction bonds, 1000 land grant 7 per cent. currency bonds and 1000 Texas and Pacific Railway Company full paid capital stock, each share to be sold for $1,000 in cash, as of June 1, to be paid in installments as called for, not oitener than 20 per cent, each 30 days. The exact number of shares to be offered cannot be fixed until it is known how many of the delin¬ quent shareholders will pay their subscriptions in lull previous Company, on from Texarkana to „ , „ to the 15th of June. Walkill Valley.—The first mortgage bondholders have recently appointed a committee for the dition of affairs and take purpose measures to of examining into the con¬ foreclose the mortgage and A circular issued by the over the present main line. committee shows that an error is discovered in regard to the issue Rome Watertown & Ogfdensburg.—Work has been begun on of the amount per mile of bonds. The first mortgage bonds a branch line miles long, from Antwerp, N. Y., to the Dixon amount to $714,400, but “ one of the conditions of these bonds is iron ore beds. It is being built by the Northern New York Iron that the amount of first mortgage bonds to be issued is restricted & Mining Company. A dispatch from Oswego, May 12, says that to $20,000 per mile of 4 completed road/ In the report to the by an agreement entered into between the representatives of State Engineers the length of completed road is sworn at thirtythe Lake Ontario Shore Railroad and the Rome Watertown & Og three miles (of which three miles are double track and sidings); densburg Company, the latter organization assumes full contro this would authorize the issuing of but $660,000 of first mortgage and management of the affairs of the former, and will hereafter bonds making an apparent over-issue to the amount of $54,400 to operate the same. It is expected that the Rome Watertown & be accounted for.” Ogdensburg Company will take such measures as will insure an —The recent suit of Musgrave & Co. against the Canada South¬ early completion of the road through to the Niagara River. ern Railway Company has been discontinued on terms satisfac¬ St. Paul & Pacific. —The Chicago Tribune says : Under tory to alb " over reorganize the company in their behalf. May 16, ®|)c 505 THE CHRONICLE 1874.] Exports or treading Articles lroiu Mew York. The following table,compiledfrom Custom House returns, the exports of leading articles from the port of New <£ammercial €imcs. COMMERCIAL EPITOME. Friday Night, May 15, 1874. shows York since January 1,1874, to all the principal foreign countries, and also tne totals for the last week, and since January 1. The last two lines show total values, including the value of all other articles besides those mentioned in the table. generally pursued a moderate, steady course during the past week. In a few cases there have been considerable changes in prices, the result of special influences, but in the gen¬ eral markets steadiness has prevailed. In cotton small supplies have been met by better weather, and in breadstuffs increased supplies have been met by an increased demand. To-day, an advance in gold caused by the passage of another inllation bill through Congress, led to some renewal of speculation. Provisions have generally ruled firm, and leading articles of hog products have had latterly a slight upward tendency. The export demand has improved a little, and the receipts have fallen off. Up to last night the business in pork was mainly in new mess at $17 25 on the spot, and $17 10@17 20 for May and June, ■with extra prime at $14 38@14 50, and prime mess at $15 25@ $15 50. Lard moved moderately at 10I@10£c. for prime steam on the spot, 10 ll-16c. for June, 10$c. for July, and 11c. for August. Bacon sold at 9£@9^c. for long clear, and 10@10£c. for short clear. Pickled and smoked meats have brought very full prices. Beef has ruled rather more steady, especially the better grades ; but in butter and cheese the increased receipts caused some weakness in prices. To-dav, there was in hog products a brisk revival of spec¬ ulation, mainly on Western account, stimulated no doubt by the renewal of hopes of success to inflation'; new mess pork brought $17 75 in a jobbing way, and advanced to $17 60@17 65 for June, and $17 80@17 85 for July, and lard was active at lOfc for June. Butter, under the influence above stated, Trade has declined to 30@32c. for prime State, and new CO • —rroo© • co © co c— co O'13® ©* CO C_, ** 5* Of ©~ ‘ »-i~ 1-T of f- i-l 5 r-« 5 Of r~f . . . • . .co i . • . O • • f ♦-* r—« 58,446 TP •© \ co ° ’ Boxes. Bags. Melado. 16,479 4,598 11,886 24,8i'0 159,978215,273 564 1,463 5,004 70,5i3 45.935 petroleum has further declined owing to sold at the close at 13c. 5 02 • H O • *~- © © TT T? • SXi 2 « « *ao © • ©T co t- © »-» © © at ©♦ L— OS ◄ • CO ^ © V0 i—• t: 2 • >o t* • • t— I • »H • 03 © •t-H »A . yt ■ o* —* © taai * ’ 25 © SO ■ ■ ■ > © • •0»© .maun t- IT QO © CO c- • © CIH CO co © ©» IA © © '.o > • . co • • l* . OOQO y e*© , m c- fH ■© © © S ■ .COO© © * • A as on • '« •h —I . - -“I © rz c- o • O © -TT $8 : : t-i- t- r or ih co^i* • »A .CO c* 04 ■O' in . * • Itt ca * ©' i-T ©^253.©.-.co • • tp TT I-I —. a- T*©»© ■*»< © TH • IA © nH • . —< QO • CO .®JH . ^ 5 o »A CO © 00 ° . M o ■ I© !”?-©8o* SI oo2Tf«'r-©)3;oo»Q •©© •©©—<«— .r^co t- .So •—I ro«3o • -cr © ©co c-^ar.'N;w e« co t o* —> co ^ - CO w <©©co « a •not 11— CO CO < IA *-0 CO © ■ © o © . >» VO • . VO iO • iri © • • • KS ’ cT aS .TflOO*A©»-^-.QOlA©»A© •©© OO CV ©.-<-* v< © c# u? • ©55 coco Tj»CO o‘ L^ -a.' in tp ■r-i T* © 0O © © T-t (M . . 53 r-'^_ © ?0 CC -H •d* co io w o© <>• as o H £ . ■ • i-»-(tn © ■ o* QO CO C» OO 0-1 . © co vn © co© — © t— 55 © QO .coaoeooo • •a--3 0 o . • co © , . ’ 00 0* O CO tS< »A . • ’ co" ci of eo tt «f» t-oo • • ■ §q_ oo“ -r" * " rr © •W • o . .-tj«t^^'©'■-«©■>—© .© o? iA <M i-»r^co co o co -h > co co t- © c5 co vo Tfl ec y-t CV vo tp n • o t SB’S *2° ***S3 • 5 O 05 . .©T-l - 3500 • .QOO • c. o» Whh CC r-1 • o > CO ' • .©©^IJA cc co T-l 00co o* • • • • • v4 • • • • tr • 0^ * • .yf 1A O ©_ © . co . • v-l © .© • L- . -»T • . * . © T- • . • • . . • : • • • e* © $ * • O* © .ooo^* • • '© co oi ‘».ic r* -V0 ta • : : : : vo © co vo •£:<?»© • CO-r O ' tZ ©r-T t co TT © S’* * Of 00 cv O- H GC 05 O © cr; t— t-H • • «= *82 co • • • • r-i l-l . . • • .00 © O 06© • • • ’T* CCQQ 00 55 • • • n • • : Cf jaoeo : • • C£> :S?S . • • • V • • • • a • • ’ —'© • vo vo © vo © t- • • • I .co00 .^>0 • • • 0 8*61 *•« :S5 r- : • • V cnoo •°®a ^ • ■ • • •* • ; 0 —,—, -o' ^ ‘ * © r* tH o»© :?S©©o •.© • ©t© t- ©^© ©^ <N co* —r »-i e* -w © M • • • • • • • - • • • • • • • • « . • . ©» : • • • © • t— .© . * ’© 00 CO © VO • . '# • : ; :©c? J rl : : : : :§ • c*" , * CJU :5 : : S3 • : • : % ‘ W • cT * cc eo 8 ^■1 with refined, has goods quiet. Oils firm, with sales of Men¬ haden at 40ic.; crude sperm in considerable quantity for export at $1 60, and 500 bbls. Northern whale at 62c. Kentucky tobacco has been fairly active, and quotations un¬ changed.1 The sales for the week embrace 500 hhds., of which 400 were for export and 100 for consumption. Lugs quoted at 4£<35!c., and leaf at 6£@13c. In seed-leaf there has been a very quiet market; the only business reported is 652 cases Ohio, at fe)6£c.; 133 do. Connecticut, at 8c., and 300 do. sundries at 8@40c. Spanish tobacco sold to the extent of 500 bales Havana, at 77i@ &)c., and 95 do. Java, at 77ic. CO CO * t* o ia : . - the large stock 5|@5^c. in bulk for May delivery, and business has been very quiet. Rosin has been exceedingly quiet, and prices at the close were weak at $2 60@2 65 for strained. In spirits tur¬ pentine also there has been a decided decline, and the close is dull at 39c., with previous business at 38@38Ic. Hides have been rather quiet and weak; dry Buenos quoted at 26£<g!26£c., gold. Leather dull. Whiskey higher, and closes firm at 981c. There has been quite a good business in wool, and the market remains about steady. Ohio fleece, 54@55c.; California fall clip, 22@26c.; spring do. (1874) sold at 32^@37ic. Tallow firmer at 7$@7 13-16c. for prime country and city. Fish has been more active for all descriptions at steady prices. Metals have been generally dull C* •wtoois^aow^iQH j ©-d< ^ © c-1- © « •co©'ii«2?05c-^r©«15 ■T-t-COCiWriOiO ©^ CO • ,- CT> • speculators ; May delivery Crude, in sympathy Si O* s *-© «©tr ©© T-nto* ©OO* C5 QO © O -~ : : : • * 55 ^ • ! : :S .AO . • * ■ • .w • * *§ cn IH « • • .© . declined to but firm. :co©fr--*©ao©o>eoSi?;v5 . • ‘S *• WO o»o .t-©oi t-© — © —ooeo • • *-• co <*o ey ri ©_ • • . •r-i Liverpool by steam at 9d., and the same rate by sail; flour to London 2s. 6d. by steam, and 2s. 9d. by sail. A vessel for Ant¬ werp with grain was chartered at 7s. 3d., and this was the nomi¬ nal rate to Cork for orders. Petroleum charters embraced a ves¬ sel to the Baltic at 6s., and cases to the Mediterranean at 27£c. Europe and the operations of the © • • Of • . ‘ Layer raisins have advanced to $2 80, but currants have become quiet at 6£c.. Turkish p-unes firmer at 121c. Freights have materially declined, especially for berth rates, the effect of an enormous accumulation of steamer room here. So much has this been the case that to-day, grain was shipped to in -d* © .S .£<©-* ••» © ao <*%. . • Refined ao of of • ©S?o ** and standard crushed 10£c. 5,413 99,944 ©^ac^© ' co coi-<»naox>©,t-©co© t-^co rl in L-r-i g* l— C— cy L- nrt © TJ-CO & s -VCJ y-, i-t coat ©f TP factory cheese was dull, with Rio quoted at 17£@2lc., Java 23@ 25c., and Maracaibo 18|@2Hc., gold. The stocks on hand yes¬ terday were 82,360 bags Rio, 67,018 bags of other descriptions, and 42,288 mats Java and Singapore. Rice has been generally quiet, but several hundred bags Rangoon sold at $3 45 per 100 lbs. gold, in bond. Molasses has ruled firm, with sales of 50 test Cuba Muscavado at 4Hc. Sugars have been dull, and a part of the recent advance has been lost, with fair to good refining Cuba Sales past week Stock May 14, 1874 Stock May 15, 1873 8 « Coffee has been 27,812, r ©r-©<m©coor-<©-i*©*£5-■ t»<©oiae?»wJ-oq>m3eo 5* . t-co -afoooeo « CD OiTPO 4) C0r«0 ... k. c* oi 2.2 . Receipts past week CrT ©O:5iC0O3--i'^T-*CS«OC-*SC” Ot OO 03 aO HCON''WW:0 CO o» C” — *— tO* .-I ©O* C-t QO TT© T-l T-l O © OW .r —. r Hhds. T-l •> quoted at 14@16c. quoted at 7f@7|c., No. 12 box 8£c, oT O W V0 t- CC©ffy®5 . ■ a | « © , © —i : •© :© • : :P . on • • • -rr rl CO ‘ss • 883 •COO© 00 vo 'rr'wao 00 . © • © © . ;© . • ! i-tT- -v © :S|gi?Sg ^ • © . ^ 00 ^ ^ 00 tE (?* T—I © CL) ’t*" *00 rr VO © rl co CO • ■ ■cji :S • p (N .Of TP .-cJ» T7* . . n> . • pi* si t- vo -a« • S ro •CO CO © • m • Tf • • G © ■v — v: t- © .'oy © © ’ Cf m*8 CO —I co cy T-S on© rj.' CO* v-l :S I— 8 . 0 T-T : :S • • CO © >©* • • fr © • r- 2 00 © © © I vo iH tji^ cy © t- S3 £ © rj* *5 © to co r-•( * ^ S .*2 51- S t- it • .©cw©©^© ;©o5 — ©_?-•© ao ©» ; ei t—Ttoc-7 coccTt!©© .©t-vo^j— o rr © 2; © . * East India co tVO © © CO VO V-> ; Tfco T— T— « V ® <u n n "5 "3 55 o o 3 Ih 3 n ® b * 2 w Sr CO 73 oooopwiz; 88 508 THE "CHRONICLE [May 16,1874, Exported to— Imports of Leading Articles. The following’ table, compiled from Custom House return ihows the foreign imports of leading articles at this port since Jan. 1,1874, and for the same period of 1873 : [The quantity is given in packages when not otherwise specified.] Since Same 1873 Since Jan.1/74. time Jan.1/74. Q. Brit. NewOrleans. 10,845 Savannah Texas New York... Other ports* Earthenware- Cutlery China 3,332 Earthenware.... G 10.86) 141.830 8,930 2,833 ass. Glassware Glass plate Buttoust Coal, tons Cocoa, bags.. Coffee' bags 523,510 Cotton, bales 605 2,353 7.490 6,296 Drugs, &c— Bark, Peruvian.. Blea. powders... 12,912 Cochineal Cream Tartar... Gambier 1,618 8.489 622 16,162 Gum, Arabic Indigo 1,530 1,750 Madder 824 328 Oils, ^essential.. £)ils, Olive Opium Soda, bi-carb— 844 12.661 437 322 17,700 15,388 13.264 93,130 64,516 Spelter, Tbs Steel 155.316 320.289 33.585 Irou, RR. bars... Lead, pigs 3,013 1,433 260,021 2,592.311 87,3^5 Tin, boxes 366,742 444,726 Tin slabs, lbs.... 3,805,15- 2,011,560 15,234 Rags 45,215 36^449 485,911 Sugar, hhds, tcs. & bbls 259.603 3,434 201,649 Sugar, bxs & bags. 510,562 556,064 Tea 12,200 575,828 640,128 13,502 Tobacco. 34,835 30,203 1,384 Waste 1,332 1,814 68! Wines, &c— 2,192 Champagne, bks. 35,186 69,238 Wines 1,803 43,117 49,752 2,155 Wool, bales 12,087 22,397 303 Articles reported by 10,080 Soda sal Soda ash Flax Furs . 21,953 229,575 14,576 4,461 2,376 11,184 1,649 1,091 Hardware 6,391 value — Cigars $746,370 Corks 30,204 Fancy goods.. 91,805 Fish 24,262 Fruits, &c.— 19,130 326,874 .... 85,742 $993,001 32,388 560,995 164,997 4,108 Hair Lemons... 2,749 319 Gunny cloth 3.642 2,094 ..... 1,688 Oranges NutsT 1,004,736 132.010 S 47,930 531,008 419,560 Raisins 1,454 53,730 Hides, undressed.. 1,001,342 1,265 83,592 Hemp, bales Hides, &c—- 164.259 , Rice Bristles 474 23,682 Ivory Jewelry. &c.— Jewelry 5,353 25,114 340 India rubber 728 2,706 Hides, dressed.. 664 1,082 1,489 341 44y 273,723 36,260 226,484 41,411 Watches Linseed Molasses 467,149 5,253.938 5,273,942 318,802 293,177 Spices, &c.— Cassia 49,639 Noods— Cork 111,188 35,917 164,531 146,592 Ginger Pepper Saltpetre 34,379 56,614 10,171 6,669 92,771 125,507 Logwood Mahogany 167,004 36,265 227,852 44,294 Fustic 53,472 Receipts of Domestic .^Produce. The receipts of domestic produce since the same time 1873, have been as follows Since Jan.1/74. Ashes pkgs. Breadstuffs, &c.— Flour Wheat Cora 3,070 bbls. 1,437,292 bush. 10,407,000 6,910,699 Oats 2,863,826 Rye Barley. &c Grass” seed. bags. Beans Peas C. ineai Cotton bbls. bu-h. bbls. bales. Hemp Hide's bales. Hops bales. No. Leather. sides. Molasses bbls. Naval Stores— Cr. turp. ..bbls. ... 248.816 481.306 34,167 30,949 208.429 91,883 437,734 1,414 239,838 7,419 1,299.992 22,394 : Same time 1873 Since Jan.1/74. Same time 1873 70,134 55,919 2,576 Oil cake pkgs. Oil, lard.... Peanuts 969,558 .bags. 17,631 99,383 370,633 2,373 321,384 Eggs Pork Beef Lard Lard Rice Starch Stearine.... .kegs. pkgs. 5,695 Sugar 972.433 Sugar 183,227 34,212 21,898 1.723 214,938 361,554 196,064 86,073 14,689 242,448 14,634 5,585 123,060 7,745 18 j 30 9.734 173,286 234 681 pkgs. 15,504 16,885 58,186 Tobacco Tobacco.... hhds. 20,046 Whiskey.... 127,757 268,085 138,349 200,250 220,332 80,314 13,688 bbls. .hhds. 22,369 TaTlow 3,918 48,045 10,235 .pkgs. ... 812 16,745 136,258 Butter Cheese.... Cutmeats. 763 153,834 1,895,026 Provisions— 2,173,414 2,927.082 2,223 506,426 58,904 18,136 . 6,550 22,920 Spirits turpen... Rosin Tar Pitch January 1,1874, and for 831 Wool 31.483 89,084 Hogs. .No. 69,886 14,565 bales Dressed 78,150 31,493 26,801 93,812 106,793 COTTON. 8,617 5,299 8,000 • 1878. 24,761 3,000 2,066 5,93! 2,573 4,491 29,026 10,897 597, IS9 8,617 348,193 85,972 21,061 13,b09 24,387 142,270 128,565 35,000 17,523 2-*,65S 40,429 71/19 85,000 4S.856 825,918 865^2 6,513 2,573 4,l9l 1,670,046 1873. 2,116 2/90 2,345 1,731 13,994 2,450 5,329 582 1874. 24,490 1,873 3,263 STee Rent. 1 Metals, &c.— week. Contln’t 1*,873 Total China, Glass and France Mobile Charleston... Same time 1873 Stock. Totalthls Samew’k Weekending "May 15. 48,540 2,615,423 29,088 17 234 2,273,332 The exports this week under the head of “other ports” include from Balti 424 bales to Liverpool; from Boston 2i7 bales to Liverpool; from Norfolk more to Liverpool; from Port Royai 525 bales to Liverpool. * From the foregoing statement, it will be seen that, compared with the corresponding week ot‘ last season, there is an increase in the exports this week of 184 bales, while the stocks 8,8 .5 bales to-night are 39,104 bales less than they were at this time a year ago. The following is our usual table showing tlie movement of cotton at all the ports from Sept. 1 to May 8, the latest mail dates. RECEIPTS Great 1873. New Orleans Mobile Charleston.... . 8avannah Texas New York Coast¬ Florida No. Carolina 1141,618 .314/60 841,791 579,469 412,516 630,467 354,460 178,116 82:,600 118,543 12,824 48/00 465,594 44,627 . Virginia .. Total last year 228,595 41,607 156,960 43,026 29,498 8,633 5*,958 Total. Ports. 1024,611 116,169 241/42 255,069 32,983 6,995 37,974 35,522 21,792 161/61 217,453 186,114 375,l)tXr 145,915 155,703 173,127 205,457 85,800 409.935 250,932 414,111 12*, 824 Stock, "Ha 24,179 12,011 28,781 2 ‘,452 182,820 *868 6*326 11,789 65,0 • ;. 41,215 "65 7,233 19,548 19,022 84,t40 440,524 7,6:0 26,000 164!,020” 339,576 586,292 1260,565 360/13 1540,303 225,825 454,556 2220,689 1263,706 889,883 52,619 372,023 47,223 .... ....' There has been 540,947 76,191 11,897 Total this year 3577,671 wise Other i Britain. France. For’gn. 7872. | 1143,201 287,076 .... Other ports EXPORTED SINCE SEPT. 1 TO— StNCB 8KPT.1. PORTS. !8S01f943 2566,883~ - 1*548 excited and somewhat variable, yet on the decidedly advancing market for cotton on the spot during the past week. On Saturday, Monday, and Wednesday quotations were each day marked up £c., and on Wednesday the “ ordinary ” grade was advanced ^c., putting it to 15c. for all growths, making a total advance of lc. on this grade from the previous Friday, and fc. on all other grades, with low middling uplands at 17£c. To-day there was a further improvement of £c., with low midling uplands quoted at 18c. The demand early in the week was mainly for consumption and speculation, but latterly the business for export and in transit has taken tho lead. Foreign advices have been favorable to holders, Liverpool report¬ ing an active market at higher prices ; receipts at the ports have continued small, and the export sufficiently large to effect, in con¬ junction with the increased home demand, a rapid reduction of stocks on hand. Yesterday the market was less buoyant, and at one time showed weakness, but closed firm. The advance to¬ day was mainly the result of reduced offerings, under the in¬ fluence of private foreign accounts, hut the demand was quite moderate. For future delivery great activity has prevailed for the remainder of this crop and the first two months of next The business has been very large for June and July, at an crop. advance nearly equal to that for spot cotton. There has been also a large business for August and September at higher rates, but October and later months have improved very little. The small receipts at the ports, and the rapidity with which stocks have been reduced, have been strongly suggestive of the prac¬ ticability of a “ corner ” for any month of the present crop, and the “ shorts ” appear to have taken the alarm, and covered their contracts very freely, but putting them out again after each con¬ siderable advance. Wednesday was a day of great excitement. Yesterday the market was active, but some of the early prices showed a considerable decline from the highest figures of Wednesday, and it was not till after ’Change last evening that the decline was fully recovered. To-day the opening was tame, but towards the close there was renewed excitement, especially for this crop, and a further advance in prices, the advance from the lowest point this season being 5£ per lb. At the second call (2 P. M.) there was a further advance, with sales for July at 18 29-32@18 15-16 ; August at 19 3-16@19 7-32, and September at 18 23-16@18 25-32. After ’Change a still further advance was established, sales 18 5-16@18 9-32 ° for with at May, 18 716@18£ for June, 18 31-32 for July, 18 3-16 for whole an a Friday, P. M., May 15,1874. By special telegrams received to-night from the Southern ports we are in possession of the returns showing the receipts, exports, &c., of cotton for the week ending this evening, May 15. It appears that the total receipts for the seven days have reached 26,284 bales against 24,188 bales last week, 29,829 bales the pre¬ sales for and 18c. for November. The total vious week and 32,080 bales three weeks since, making the total October, forward delivery for the week are 197,100 bales, including—receipts since the first of September, 1873, 3,603,955 bales against free on board. For immediate delivery the total sales foot up 3,342,974 bales for the same period of 1872-73, showing an in¬ this week 13,207 bales, including 3,279 for for export, 6,991 for crease since September 1, 1873, of 260,981 bales. The details of Of the the receipts for this week (as per telegraph) and for the corres¬ consumption, 2,026 for speculation, and 911 in transit. above, bales were to arrive. The following are the closing ponding weeks of the five previous years are as follows : quotations Received this week at— 2$ew Orleans Mobile ...i Charleston Savannah Texas Tennessee, &c... Florida North Carolina Norfolk Total this week Total since Sept. 1 bales. 1874. 6,S33 1,368 6,645 2,165 2,773 3,201, 27 193 1873. . 1872. 1871. 1870. 11,060 3,8-6 2,999 6,641 15,928 6,570 3,524 809 3,507 4,322 2,318 1,308 2,“76 294 16,538 4,782 3,542 4,722 6/07 5,3‘>6 2,564 6,218 3,202 26 3j0 31 297 51 589 155 793 : Upland and 1869. 5,6^0 2,458 2,714 4,985 1,126 4,d64 - 8,272 13 193 3,054 4,710 1,238 2,518 2,504 1,821 26,284 41,031 15/87 45,067 S3,286 ,.j?er Jb. Middling 20%®... . 15%®.... n%®.... n%@.... i>-%@.... 19 15%®.... 15%®.... 17%®.... 17%®;... 17 13-16 P%®.... 17 13-16 18%®.... 19%®.... 2 %@.... @.... 20%®.... 1 Texas. 19>,@...» 20%®.... Below we give the sales of spot and transit cotton and price of Uplands at this market each day of the past week : SALES. Con- Exp’t. ®.... 17%@.... 18 ®... 18%@.... Good Middling 2,002,179 The exports for the week ending this,evening reach a total of 48,540 bales, of which 28,026 were to Great Britain, 8,617 to France, and 10,897 to rest of the Continent, while the stocks as made up this evening, are now 325,978 bales. Below are the exports and stocks for the week, and also for the corresponding week of last season: 15%®... 17 22,197 3,603,955 3,342,974 2,615.595 3,715,454 2,674,933 Ordinary Good Ordinary Strict Good Ordinary..^. Low Middling New Orleans. Mobile. Florida. Saturday 495 534 394 456 900 500 Monday Tuesday Wednesday Thursday Friday 8pec- sump. ula’n 1,335 1,803 8,279 PKIOKB. Tran¬ sit. 500 707 880 *161 730 9.0 *1*14 *750 6,991 2,026 884 1,269 Good Total. 2,330 /3,205 1.658 325 1,725 2,494 1,795 Low 14% 14% 14% 15 15 15% 16% 16% 16% 16% 16% 17 17% 17% 17% 17% 17% 18 " Total 911 13,207 Mid Ord’ry. Ord’ry. Midl’g. dling .... .... .... oo oo qo oo oo ao ^RiTl • : boardi forward delivery tlie sales (including — free on .frpaclied during the week 197,100 bales (all low middling TTnr . 02.1 0 3.7 the For May. m ...1731-32 1, >0) 18 L8 )0.... ....18 1 32 701 ....18 1-16 2,3 <9 ...18 3-42 U03 !8* 6,630 .... 2,590.... ...18 5-32 .=i. 18 3-16 7,20) ....18 7-32 8,6 >0 .18* 1,303...,. ...18 9-32 1.80) ....18 5-16 4,30).... 903 .-... ...1811-32 600 '8* ' .n ivra 8K). 17* 17 17-34 1.401). 2.30D- 9 16 200. 2.60)-:::::::^ , bales. cts. bales. ...18 11-16 6.70) 4.0 )0,... ...18 21-32 13* 4.0 M) 800 ....13 25-32 .IS 13-15 100 eta. bales. 5 >0.... ...17 23-32 ...17 15 16 1 330 cts ..... 1,900 300 400 ... .... 2,400 18 17-32 800 200 18 9-16 18 19-32 . 18* ..IS 29-33 ...18 15-16 1,000... 47,700 total July. For August. ...18 13-32 500 300 ....18 7-16 99) is* 2Ws.n....l72i-g 1 • ...... 503.... too...17 27-32 700 80.9J0 total 3oo::::....n si-32 2,400 v«i 8,0*0 100 100 100 1 i Jane. 1^* 1,200,... ....18 13-32 ...18 7-16 500.... ..18 15-32 100.... is* 1.60).... 203.... ....1017-32 L* 17 H-16 17* 8 300 For October. 2,030 1,700 600./.. 23-32 II-I5 17 2 <-32 6.000........ J7 17 7,600 17 15-16 ..17 31-32 18 9-16 .. 18 18 1-32 18 1-16 8.200 total Oct. 19 1-16 13 3 32 19 3-16 19 7-32 13,400 total Aug. 600.... ....18 19-32 3.300 17* 17 29-32 500 1.200 700 400.... For November. 800 '...17* For December. 400 '..17 11-16 2M) 17 23-32 17* . ««» m. 19 1-32 200.... 800.... 100.... 500... 200.... 100.... - 18 9-32 13 5-16 18X1 18 21-32 13 11-18 18 23-32 13 25-32 18 13-16 1,7‘JO ... ... 1,100.... 17 21-82 *903 i’S) 18* 13* IS 13-16 ...IS 27-32 18 23-32 1,000.... 1.803... ...13 15-16 1.100-... ...18 31-32 19 4,700.... For July. 300... ....18 3-32 18 5-32 803.... 18 3-16 900.... 18 7-32 300.... l.iiUO.... 3,9'KJ.... .r. 290 June. 5,500.... 2,60).... ....18 11-32 26]90J total May For 800.... 2,600 IV }-32 13 1-1« 13 3-g ••*o8<b 13 9-32 2 000 1,300 2t)rt ....17 15-1 i ! R00 18 13-32 ....18 7-16 ... .. 800 500 200 100 200 13 X 11.8J0 total Sept. ....IS 9-H ...18 19-32 1.600 18 7-10 13 15-32 — ...... ets. 200 600 200 ... ... l’So’"*’-”*17 23'3J u* o middling), and the following is a statement o basis of low For September. 189 32 18 5-16 ....18 11-3? 1,400.... 101... 600 ... 100 m 100 200 17 25-32 17 13-16 17 27-32 17* 16* 600.... ....IS 13-33 2,300... ,...18 21-32 2,400 total Dec. 6.300 1'K 5,000..'.. will show the closing prices each day on the The following basis of low middling uplands, for the several deliveries named: Tues. Wed. Thurs. Fri. Mon. m— Fri. Sat. "rrT‘J "’*■— 18 17* 17* ' 17* 17* 17* On spot 17 18 1-32 18 1-16 17 23-32 17 17-32 18* n* May; ?7* 18 7-32 18 7-32 18 7-16 17 31-32 17* o June *7 2. 3„ 17* 18 7-32 18 5-16 August Is IS* October rV:.V. 18* 18* 17 December..'.”.*. Gold Exchange £» 18 9-32 17 15-16 ... lt‘2* 4 86 1,397 507 THE CHRONICLE. 16,1874.] May 112* 4.86 2,330 17* 17* 1>* 1** 112* 112* 4.86 4.86 11-16 15-16 7-16 18* 18* 18* 18* 18 18 18 17 17 11-16 112* 4.85 * 1,658 1713-16 112* 4.85* 31-32 18 11-16 18 81-32 18 9-16 18 112* 4.85* 18* 19 3-32 18 23-32 18 1-32 18 n* 112* 4.86 Ott-Trumpler the entire takings by Continental spinners of American cotton last year were 669,000 bales, and he estimated that with these takings their stock had neither increased nor de¬ creased, so that this total, according to his belief, just about measured their consumption of the American staple; and yet here we have an increased supply already (with, we think, about as much to go forward the balance of the year as for the same time last year) of 303,000 bales over last years’ supply up to this time, and 315,000 bales in excess of their entire consuption of In other words, if not another bale of shipped after May 1st to tlie Continent this year of 1874, they would still be able to consume just as much as they did last year and have on hand next December in the ports and with spinners, stock of American to the amount of 315,000 American last year. American cotton was bales. Nor can it be supposed that continental spinners are taking largely to American cotton and giving up other descriptions, for we have seen above that they are supplying themselves with un¬ usual amounts of the India staple, and, according to their takings from Liverpool, are increasing their demand for the growth of every other country. And besides this, there is another quite re¬ markable fact, which-’ is, that a considerable portion of this i& going directly to spinners, and does not appear in our visible sup¬ ply after it reaches the Continent. That this is more decidedly the case than last year may be seen from the fact that although the supply for the Continent of American up to May 1st was, as stated above, 984,288 bales against 681,059 bales for the same time of 1873 (an increase fof 303,000 bales), yet the continental stock and afloat of American May 1st this year was only 534,000 bales, against 391,000 bales May 1,1873 (143,000 bales increase), showing, therefore, that 160,000 bales more has gone out of sight during the four months of 1874 than during the same period of the pre¬ vious year. But it will most likely be said that the Continental spinners all kinds of cotton. Is this probable? We have frequently shown in our editorial columns by figures and facts taken from Continental papers that business there, as well as throughout England, was in a very quiesent state. This, however, our readers well know through their own correspondents, for the fact is beyond dispute that trade is stag, are increasing their consumption of nant and the world in general is economizing. In this connection) following comparison (taken from the London Economist of 36,500 36,000 43,700 36,900 Sales future... 24,700 18,900 36,500 May 2) of the advances on securities made at the present time and For the remainder of the season, and till the 15tli of September, at the corresponding date last year by the principal European banks will be of interest. These are the figures for the middle the New York Cotton Exchange will close at 3 P. M, of April: Weather Reports by Telegraph.—There has been a very 1874. 1873. Decrease. decided improvement in the weather the past week throughout Bank of England.... £33,024,000 £40,019,000 £6,995,000 the South, but not everywhere a corresponding improvement in Bank of France 76,298,000 90,084,000 13,786,000 the reports with regard to the crop. This is natural, for where Bank of Prussia 24,179,000 11,782,000 35,961,000 the ground was so very wet before, the present dry time bakes Austrian Nat’l Bank. 18,769,000 231,000 18,538,000 it, and raises apprehensions that the seed will not germinate. A Bank of Belgium 9,716,000 10,954,000 1,238,000 few showers now, however, would change all this, and make the prospect everywhere more cheering. Rapid progress in planting Total. £195,787,000 .£161,755,000 £34,032,000 has been made during the week, and over a considerable section According to this summary the aggregate advances of the the seed is all in. It has been warm and dry during the entire above banks have been reduced iu the twelvemonth from week at Galveston, and our correspondent adds that crop accounts £195,787,000 to £161,755,000, or £34,032.000, which is at tlie rate are improving. There has been no rain at Shreveport, and the of 17£ per cent. This is an immense contraction of business, and weather has been hot; the ground is baked, aud cotton stands are as the Economist says, helps to explain in a striking way one of poor. At Nashville*it has teen warm and dry. They have also the causes of the singular ease of money which is now felt had warm weather and no rain at Memphis ; all the lands not overflown have now been planted, but they need rain ; total throughout Europe, viz., the great falling off in demand through the slackness of trade. Would it, therefore, under such circum¬ decline of river is now eight inches. At New Orleans the weather stances be wise to rest on the supposition that the continental has been warm and dry all the week. There has been no rain during the week at Mobile, nor at Selma ; our Selma correspon¬ spinners are increasing their consumption of cotton ? » On the contrary, we conclude that in forecasting tlie future we dent adds that planting is about completed in that section. At must make this fact one element in our problem (which was for¬ Montgomery they had a little rain on one day, the rainfall reach ing only two one-hundredths of an inch ; the rest of the week has gotten by too many in 1870-71), viz., that spinners have taken and are taking advantage of the low prices of cotton to stock up, and; been pleasant and warm, and planting is making good progress ; it we shall have a small crop next year they may, perhaps, again crop prospects are more favorable. There was also a very light rain on one day at Atlanta, and the. rest of the week pleasant, disappoint our calculations in being able to run on that stock, and not buy as largely as anticipated. the rainfall being six hundredths of an inch ; in this vicinity less Our Visible Supply Table.—We have this week cotton and more corn will be planted. ceived At Macon it has rained on the following letter. The explanation asked for lias heretofore two days, and at Columbus it was showery on one day. There has been light rain at Augusta on two days, the rest of the week been several times asked for by others and given prJ'vately • this it may be being pleasant, the rainfall reaching twenty-three hundredths of time we publish the letter and answer, thinking desirable to do so, as still others among our readers may not an inch; less cotton and more corn is planted in this vicinity this ^ year. The thermometer at Galveston has averaged 74, at Shreve¬ understand the reason for the difference refer .e(j to port, 85; Nashville, 75 ; New Orleans, 72; Memphis, 74 ; Mobile, Messrs. William B. Dana & May 11, 1874. Co., New York: 72; Selma, 73; Montgomery, 77; Columbus, 75; Atlanta, 78; the visible supply of cotton made up in last issue (May 9, le74) we notice Macon, 77 ; Savannah, 68; Augusta, 69. you give the tot£[ for 1873 nt Sales spot 3,205 3,205 3,725 2,491 1,795 24,400 the Baltimore, Continental Consumption of CoTTon.—Since this year opened, the movement of cotton to the Continent of Europe has been very free. As to India cotton, our weekly Bombay advices have shown this, the exports to the Continent from Bombay, reported by our cable dispatch, up to last week Thurs: day being 255,000 bales, against 121,000 for the same month of 1873, while the exports from Great Britain (other than American) for the same time, have been 111,999 bales, against 61,072 bales last year. The American movement has been equally rapid and the Continental supply of American cotton during the four months ending May 1st, has been unusu¬ ally large, as may be seen from the following statement: as American Cotton. In eight....) In stock January 1.. ) Afloat Exported Jan. 1 1374. 85,000 177,000 from U. S. to Continent from to May 1 Exported from Great Britain to Continent. 678,988 45,800 984,288 Very truly yours, We think our corresponde ^g plainly the difficulty lie ha^, at once to the 1. In last met explanation year’s CHP.oinCLE London from mail re ports, the India afloat is 'made lease explain this to us. question is clear, bringing out with, and we therefore proceed the India afloat was and cabled from there to made up at this year us ; up at Liverpool from telegraph reports (the figures being brought dowu to Thursday night) and cabled to us rnday. The result of this change is to increase consider¬ ably the amount afloat, so that our visible supply of May 10, 1873. 1874, showed (for May 10, 1873) 466,000 bales of India afloat, 99,000 whereas in the visible supply of May 10, 1873, the India afloat 199,000 was given at 420,000 bales. 2. In our table during 1873 we did not pretend to give the 338,037 stock, or the American afloat, for all Continental ports, but only 45,022 for certain specified ports, all that could then be obtained ; now, the Continental figures include many other ports. The result is* 081,059 that the total Continental stocks reported in Chronicle of May According to llj 1878, was (you will will find if you add them together) 458,250 bales, and the American afloat was 256,250 bales, East Indian, Brazil, dc.— Liverpool stock 548,000 165,500 330,000 474,COO 67,000 105,000 Egypt, Brazil, &c., afloat . , , Brazil, &c... May 10, 1873. 420,000 256,250 458;250 466,000 384,000 555,000 105,000 none 329,000 555,000 115,000 1.323,500 1,454.500 1,615,364 1,404,1*44 1.773,000 1,033.503 2,853,624 2,806,503 8%d. ll*d. cotton in sight to- ..bales. 2,938,864 Total visible supply Price Middling Uplands, Liverpool 8%d. These figures indicate an increase in the , India afloat American afloat Continental stocks afloat from Egypt, . Total East India, &c Total American Chronicle May 9,1874. 205,750 , India afloat for Europe Egypt, Brazil, &c.;” this year we do, and you will find 105,000 hales added for that item in last Saturday’s issue. There is also one other difference: last year we added the United States •exports for the week (57,058 bales),and now we only add Friday’s exports (8,000 bales), and hence 49,058 bales should be deducted. Making these changes, what result do we reach : Chronicle 380,000 143,750 Continental stocks “ Figures for 1873. 359,000 London stock whereas last Saturday (May 10, 1374) we gave the Continental stocks for 1873 at 555,000 bales, and the American afloat at 384,000 bales. 3. Finally, during 1873 we did not give the amount afloat from Total Total Total Total [Hay i6,1874. THE CHRONICLE, 508 night of, 80,240 bales as compared with the same date of 1873 an increase ot 132,356 bales as compared with the correspond*, ing date of 1872. and Ports.—Below Movements of Cotton at TnE Interior reported. we give the movements of cotton at the interior ports—receipts and shipments for the week, and stock to-night and for the correspond1,135,500 ing week of 1873 : Totals 1,510,000 ,-Week ending May 15,1874—*WWeek ending May 16,1873. Here we see that the 1873 column was thus increased in 1874 Receipts. Shipments. Stock. Receipts. Shipments. Stock, 894 1,117 13,963 1,312 10,334 by 374,500 bales. Now if we deduct the 49,058 bales United Augusta 436 States exports for the week as stated above, the result will be Columbus 117 714 3,908 171 1,442 6,652 that the 325,442 bales, as given by our correspondent, will be 85 942 854 3,910 Macon........ 461 6,022 846 209 560 1,073 precisely accounted for. 4,751 Montgomery .. 228 We will simply add that the comparison given in 1873 was 278 184 597 3,482 Selma 250 1,410 8.040 entirely correct, but that the comparisou given in 1874 is more Memphis* 6,024 4,998 30,000 33,719 3,306 557 1,014 satisfactory because it goes farther. It is not at all unlikely that Nashville 7,050 1,775 10,154 1,917 next year there will be other Continental ports obtainable ; if so, we shall certainly procure them for the readers of the Chronicle Total, old... 5,409 11,452 63,386 8,527 13,940 73,042 and place them in our visible supply. 722 884 1,889 1,617 1,212 2,909 Bombay Shipments.—According to our cable despatch received Shreveport.... 290 350 471 1G1 Atlanta 1,223 1,337 to-day, there have been 30,000 bales shipped from Bombay to 919 781 681 805 9,794 4,384 St. Louis Great Britain the past week and 7,000 bales to the Continent, 3,157 3,191 13,737 3,709 11,819 4,003 while the receipts at Bombay during the same time have been Cincinnati 68,000 bales. The movement since the 1st of January is as 4,950 5,673 22,367 6,428 24,730 Total, new.. 5,853 follows. These are the figures of W. Nicol & Co., of Bombay, . ' .... and are brought down to Thursday, May 14 : Great Britain. 1874.. 1878.. 1872.. ... ... ... 7,000 12,0 )0 12,000 30.(00 20 000 20,000 37,000 32,000 Great ConBritain. tinent 4 S9.000 262,000 421,000 133,000 Total. 751 000 32,000 416,000 607,000 Continent. Total. 554,000 191,000 This week. 68,000 £4,000 23,000 Since 964.000 757,000 688,000 foregoing it would appear that compared with last year there is an increase ot 5,000 bales this year in the week’s shipments from Bombay to Europe, and that the total move¬ ment since January 1 shows an increase in shipments of 197,000 bales compared with the corresponding period of 1873. Gunny Bags, Bagging, &c.—Gunny hags are dull and quite nominal at 12£c.@12£c. There has been rather more in¬ quiry for cloth for spot and future delivery, and the tone is steadier at the close. We quote 12c.@12£c. for domestic rolls ; 12c. for Borneo, and 9£c. for native Calcutta. The sales reported are 1,600 rolls for prompt delivery at 12£c., and 1,500 rolls for fu. ture delivery at 13£c. Jute butts have been in rather better de¬ mand of late, and arrivals are taken freely. Sales are: 1,850 bales at 2£c., cash and time; 600 bales in Boston at 2jjc., and 100 From the bales here at 2£c. Cable and Tele¬ graph.—Below we give our table of visible supply, as made up by cable and telegraph to-night. The continental stocks are the figures of last Saturday, but the totals for Great Britain and the afloat for the Continent are this week’s returns, and consequently brought down to Thursday evening; hence to make the totals the complete figures for to night (May 15), we add the item of exports from the United States, including in it the exports of Friday 1874. 1873. Stock at Liverpool 772.000 746.000 Stock at London... 143,750 165,500 915,750 Stock at Havre 911.500 136.750 Total Great Britain stock 143,000 16,000 Stock at Marseilles 11,250 Stock at Barcelona 71,500 21,250 Hamburg 68.000 36,000 54,000 83,000 33,000 37.750 Stock at Bremen Stock at Rotterdam 76,250 30,750 Stock at Antwerp Stock at other continental ports 17,250 47,000 Stock at Amsterdam ". The above totals show that the old interior stocks have decreased during the week 6,035 bales, and are to-nigbt 9,656 bales lest 449,150 stocks.afloat for Europe Total European American cotton afloat for weeks; also the total exports, Sept. 1, 1873; and in the last column the period of previous year. direction for each of the last four and direction since total for the same 1,461 000 Apl. May May 22. 29. 6. time prev. year. 13. 12,639 10;804 12,639 10,804 378,553 2,573 6.834 6,834 396,494 530 Other British Ports Total to Gt, Britain 378,553 397,024 6,932 2,573 4,518 494 Havre 1,701 Other French ports Total French Bremen and Hanover 8,633 453 4,518 19,545 4,043 17,182 494 342 Hamburg - • • • • • • • • .... '542 7,324 26,826 Spain,Oporto&Glbraltar&c 29,154. 25 .... .... 2,647 16.000 Spain, &c • 13,5*6 Grand Total The following are .... .... . 6,834 11.688 2,741 2,672 All others Total 4.648 3,238 884 453 Total to N. Europe. 69,000 26,000 20,000 2,741 433.4 416 684 2,573 York. Boston Sent. 1/73 the receipts of cotton at New Philadelphia and Baltimore for the last week, and since 84,000 rkoe’ts promThis week. Since Sept 1. Since This BALTIMORE. PHILADELPHIA BOSTON. new tork. 6,000 33,000 50,000 New Orleans.. 487,000 Tatar Savannah 1.589.000 474.000 555.0P0 6T,000 105,000 325,978 365,082 73,042 7,000 63,386 1,000 2,349 542 583 week. Sept.1. 88,767 41,411 128.517 This week. Since This Since Sept.l. week. Sept.1. .... 1,919 2,902 10,^50 39,340 1,832 9,050 12 Virginia 1,018 North’rn Ports 292 22,842 242,527 11,330 Tennessee, &c 2.576 64 180,692 1,496 45 • • 96 13,502 9,511 125,320 Foreign 32 375 17 Florida S’th Carolina. N’th Carolina. 36,438 3,000 1,308 5,212 Mobile 268,000 115,000 240,070 • 808 • • • 19,590 • • • • • • 71.035 - • • • • - • • 81,941 • 838 946 25 • • 22,093 32 • • • • • • • • • • • • • • • • 245 237 7,076 ... • .... 14,136 ... ’421 4,636 447 .... ' 176 7,675 15,836 59,909 .... _ 2,806,508 Total this year 9.355 848,211 3,925 286,767 221 34,996 1,002 102,065 totals ot American and other descriptions are as follows. Total last year. 11.637 776.800 5,391 299,219 730 44.821 1,516 92.483 2,938,864 Conti nental stocks 568,000 Europe United States stock United States interior stocks.... United States expoits to-day... Same Total to date. EXPORTED TO Apl. 1ST • WEEK ENDING 1,102.000 183.000 373,000 Liverpool stock Total American York »tnce fro»n Evportii of 877,000 225,000 543.000 supply American afloat to York show a reaching 2,573 bales, against 6,834 bales last week. Below we give our usual table showing the exports of cotton from New York and their 1872. 568.000 Europe Egypt, Brazils, &c., afloat for Europe.... Of the above, the American- 550,000 1,865,500 .. 8tock in United States ports Stock in United States interior ports United States exports to-day Total visible 86,000 have been 3,118 than at the samepeiioi last year. The receipts bales less than the same week last year. The exports ol cotton this week from New decrease as compared with last week, the total t Total continental stocks India cotton 31,000 95,409 of stock. Other ports only. 19,613 ninety-eight bales were added to receipts discovered Three hundred and on re-count Liverpool Visible Supply op Cotton as Made up by StocK at * Jan. 1. 13,477 88,116 17,880 Total, all... 11,283 .—Shipments since Jan. 1—* ,—Receipts.—» .—Shipments this week—* . ... 325 978 2,858,024 366,000 2*20,000 373,000 335,082 73.042 7,000 1,404,124 328,000 158,000 268,000 240,070 36,433 8,000 i Shipping News.—The exports of cotton from the United State! the past week, as per latest mail returns, have bales. So far as tbe Southern ports are concerned, these are reached 49,369 tie reported by telegraph, and published in The Chron¬ Galveston, and the figures for that port are the exports for two weeks back. With regard to New York, we include the manifest! of all vessels cleared up to Wednesday 1,033,508 »night of this week; same exports icle last Friday, except Total bales, v^rk—To NB Liverpool, per steamers Celtic, 423 BREADSTUFFS. ..City of Brus- ...Algeria, 194.... The Queen, 878.... Wyoming, sels, 837 52 Friday P. M., .. 2,573 Liverpool, per steamers Andean, 1,908—Jose, 1 inn Oberon, 1,450....per ships Genevieve Strickland, 4,103 perbark Sirio, 1847 To Cork, per bark Finn, 1,206.. To Cronstadt, per bark Uman, 1,012 To Revel, per ship Ellen Southard, 2,893 To Genoa, per bark Volunteer, 1,210 10,468 1,206 1,012 cTrleaiis—To ’ 2,893 1,210 ships Star of India, 4,670....Ronochan, To Liverpool, per Mobile 3 654.../’darttcston—To Liverpool, per ship 8,324 Freedom, 2,730 Upland and 239 4,225 Island per bark Hellas. 1,208 Upland and 48 Sea Island — havavnau—1To Liverpool, per barks Rene, 1,084 Upland... James Augusta, 2,402 Upland. Peake, 1,943 Upland To Narva, per bark Carl Georg, 1,060 Upland a To Barcelona, per bark Olimpia, 1,000 Upland 'TsnrAS-'To Liverpool, per ship Tyro, 2,390 To Havre, per bark Glenralloch, 1714 5,332 269 483 50 — 49,369 Total. The particulars of those shipments, arranged in our usual form follows: 2,573 .10,468 1,205 8,324 4,225 5,429 Mobile..... Charleston Savannah Texas 2,390 Norfolk 5,332 483 50 Boston Philadelphia ... 1,012 2,893 2,573 16,789 8,324 4,225 1,210 . 7,489 1,000 1,060 4,104 5,332 1,714 483 50 — 1,2C6 39,274 Total Total Cork. Havre, stadt. Revel, va. pool. New York New Orleans Nar- Barce- GeIona, noa Cron- Liver- 1,012 2,893 1,714 1,060 1,000 1,210 49,369 give ali news received, during the week, of disasters vessels carrying cotton from United States ports: Below to 1,000 223 — per bark Manfred, 64 Philadelphia—To Liverpool, per steamer Indiana, 50 ire as 5,429 1,060 2,390 1,714 Norfolk—To Liverpool, per steamers Egypt, 2,574—Bolivar, per ship Laurens, 2,535 Boston—To Liverpool, per steamers Batavia, 150 Marathon, we The fire in the hold of the steamship Ohio, from Philadelphia, at Liver¬ pool, was extinguished May 7. The cargo was much damaged. AbbyRyerson (Br.), ship, from Mobile for Koval, before reported as ashore at Nyhamn was got off and towed to Nivaa, April 23, in a sinking condi¬ tion, with all mast cut away and probably full of water. She discharged her cargo into steamers and it was taken to Elsinore. Chas. A. Farwell, ship, from Savannah for Reval, which broke up April 18, at Anholt, had about 70 bales cotton in her hold, which was sold. Steamer Criterion had arrived at Elsinore, April 26 from Pillau, to take in the wet part of the cotton. Araminta. The salvage in the case of bark Araminta, (Br.,) Mosher, from Savannah for Liverpool, was settled at Bermuda April 29, and the amount Ohio. £4,200, or about 20 per cent was awarded for saving 1,900 bales cotton lighters and the ship with balance of cargo. Tug Clover was paid £500 by special agreement. The Araminta was on the marine slip May 6 repairing. She was found to be considerably damaged, and it is esti¬ mated that the expenses on the ship and cargo will be £11,000. Seaward, (Br.,) bark, from Savannah, which arrived at Narva, April 26, had part of cargo damaged by sea W'ater. Cotton freights the past week have been as follows : of in Liverpool. / d.s Saturday.. Monday... Tuesday... Wedn’day. Thursday. Friday,... \ Sail. d. Steam. c. X®.... &©.... M©.... &©.... M©.... ....©... 3-16©... X®.. 3-16©... • Havre. Steam. Sail. 1 1 c. 1 c. X X % X X 1 c Bremen. -v Steam. Sail. % 1 1 X®X©.. X®.. X®.. x®. X©-- — Hamburg. c. c. %comp. X comp. % comp. %comp. %coirp. %comp. > Sail. Steam. c. 1©.. 1©.. 1© 1©.. 1©.. 1@.. . X X X X X X Liverpool, May 15—3:30 P. M.—By Cable from Liver¬ opened quiet and steady and closed quieter to¬ day. Sales of the day were 15,000 bales, of which 3,000 hales were for export and speculation. Of to-day’s sales 6,000 bales were American. The weekly movement is given as follows : pool—The market Apl. 24. May 1. 75,000 7,000 14.000 10,000 8ales of the week bales. 102,600 of which exporters took 10,000 of which speculators took Tota stock of which American Total import of the week.. of which American.. 787,000 440,000 71,000 47,000 Actual export 804,000 422,000 85,000 20,000 May 8. 73,000 6,000 6,000 781,000 413,080 47,000 27,000 10,000 7,000 Amount afloat of which American ... 10,000 552,000 296,000 615,000 674,000 261,000 275,000 May 15. 142,000 12,000 40,000 772,000 412,000 89,000 48,000 8,000 672,000 272.000 following table will show the daily closing prices of cotton for the week Mon. Satur. • Tucs. Wcdnes. Thurs. Fri. @8X .©8X 8%ms/a ....©8% . .©8% Mid’gUplands8%mX :tdo Orleans. 8X@8^ ••'•@3^ 8%@8X ....©8X ....©8X ... msA ... the past week, at prices sliowing*no important change. The demand has been mainly lor export, and shipping extras have brought rather moro money. For several days past many thousand barrels have been taken daily for shipment at $6 35@$6 69, with choice at $6 75 and common at $6 15@$6 20. Supers have beeu selling mode/ rately, and some large lines of medium extras have been sold at $7 25@$7 50 ; but, except in the regular shipping.brands, the in¬ creased business has been the result of concessions to buyers of # large parcels, in order to facilitate the closing out of stocks. Good to choice family flours have been sold at $8(a$9 50. Rye flour has become dull, but corn meal has been firm and active. To-day there was a good business in lines of shipping extras at $6 40@ $6 60, but the general market was dull. The wheat market has further declined, but the reduction in prices is slight. The supplies have been very large, as will be noted in our statistics of receipts for the week, but a great pro¬ portion of the receipts were sold previous to arrival, and going directly alongside vessels waiting for them, did not come upon the market. A decline in freights by the steamers on the hertli fer British ports has served to check the downward course of prices ; but yesterday the principal business was at $1 49@1 50 for No. 2 Chicago, $1 53@1 54 for No. 2 Milwaukee, and $1 57@ 1 59 for No. 1 spring, including boat loads of No. 1 Milwaukee at $1 58. Car lots of the corresponding grades sold one or two cents a bushel under the prices for boat loads. A considerable business has been done in Canada wheat in bond at $1 56@1 57 for club, $1 61@1 63 for red winter, and $1 66@1 67 for white. For future delivery prices have been weak ; No. 2 Milwaukee has sold for early in June at/l$l 49@1 50, but latterly $1. 50 has been the best hid for all next week, when " through” wheat will begin to arrive, the arrivals so far being the wheat that was detained by the ice on the canal all winter. To-day prices rather favored buyers, but with an active demand there was no quotable decline. Indian Corn has been variable. The supply has been liberal, and early in the week prime mixed declined to 85c., but Wednes¬ day developed firmness, and yesterday, with a brisk export de mand favored by lower ocean freights, there was an advance to 86c.@864c. For future delivery prices have been unsettled. The weather has become favorable to the growing crops in the middle and southern lattitudes, and the receipts at the Western markets continue to be much larger than one year ago. To-day there was a further advance, with prime mixed selling at 86^c.^@87c. Rye has met with a fair business in the range of $1 07@$1 10. There have been a few boat-loads Jcome forward from the canal, but they have been mostly sent to store for higher prices. There is some demand from the Continent, and the supply in prospect is light. Barley has been unsettled ; an invoice of Hungarian has been closed out by auction at $1@$1 02. Some sales of Canada peas have been made at $1 01@$1 02£ in bond. Oats have declined materially under the increased supply, prime mixed selling at 614c.@62c., and white at 63c.@64c., but yesterday there was some recovery, with sales at 624c.@63c. prime mixed, and 644c.@65c. for prime white. To-day prices were higher, with sales of about six boatloads of No. 2 Chicago at 63c.@634c., and choice white brought 64^c.@65c. The following are the closing quotations : Grain. Flour. Superfine State and West¬ European Cotton Markets.—In reference to these markets correspondent in London, writing under the date of May Liverpool, April 30.—The following are the prices of middling qualities of cotion, compared with those of last year: City shipping extras. City trade and family Fair & 8ea Island Florida do n , J Ord. Upland... .Mobile.... 6j£ r-Good & r-Same date 1873- Ord.& Mid—, g’d fair-> Fine.—, Mid. Fair. Good. 32 23 26 38 18 21 21 18 16 20 24 23 17 19 20 ’ 18 15 16 M.F. G.Mid. Mid. F. Mid. G.Mid. L.Mid. Mid. G.Ord. 7 10 9 1-16 8 5-16 9% 15-16 8% 8X, 7% 10 9*5 9X 8 8% 7 8X 8% 9 5-16 8 7-16 8% iox 8 1-16 9% 9% 1% N.0& Tex 6# Since the commencement of the year the .is date—. 1874. bales. 1873. bales. 1872. bales. 43,380 1,450 4,200 131,090 American.... 75,380 Brazilian. 4,610 Bsvntian* &c. 6.500 idia, &c. 2/000 B. India, &c.‘ 26^830 610 59,020 27,300 3,010 27,190 Totab 76,830 115,320 . . brands 120,750 18,880 2.330 45,022 2,499 1,127 161,730 4,637 98,145 3,930 53,516 29,270 412,600 382,150 157,299 106,094 591,490 45,300 6,887 9,990 6 40© 6 65 mily brands. Southernshipp’gextras.. Rye flour, superfine 1 56© 1 5S 1 60© 1 62 1 65© 1 60 1 70© 1 85 White Corn-Western mixed 6 20© 6 60 6 85© 8 25 84© 83© 86© White Western Yellow Western 6 75© 9 75 6 40© 7 00 8 75© 9 50 Oats—Black 8 25©10 00 6 75© 8 01 5 40© 5 85 87 86 88 88© 90 1 07© 1 12 Southern, white Rye... 60© Mixed White Southern bakers’ and fa¬ *— 61 62© 64 63© Barley—Western... .. 66 nominal. do. Canada West State do. 4 20© 4 55 1 02© 1 30 4 60© 4 75 Peas—Canada The movement in breadstutfs at this market has been as follows: Corn meal—Western, &c. Corn meal—Br’wine, &c. transactions on specula Actual r-Actuale: sp.from Liv., Hull & other exp’tfrona U.K. in outports to date—, 1873. '873. 1874. baies. bales. bales. No. 1 spring Red Western Amber do 5 60© 5 85 ern Extra State, &c. Western Spring Wheat extras do double extras do winter wheat extras and double extras 2, 1874, states: Wheat—No.3 spring,bush.$1 40© 1 44 No. 2 spring 1 47© 1 54 $ bbl. $4 50© 5 25 No. 2 . our May 15, 1874. The market for flour has been active during The .- - 509 CHRONICLE THE 16,1874.] jllay RECEIPT8 AT NEW YORK. , 1874. . For the Since week. Jan. 1. Since Jan. 1, 1873. 1,437,292 969,558 3,931 • 91,883 99,383 Wheat, ous. 941,913 10,407,000 1,895,026 458,661 6,910,699 2,173,414 Corn, “ Rye, “ 8,325 248,816 2,223 Barley,&c.. 4,400 481,306 506,426 Oats 114,162 2,863,826 2,927,082 The following tables show the ment of Breadstuffs to the latest Flour, bbls. C. meal, “ . . . 55,078 EXPORTS PROM NEW Y"ORK. „ , 1874. . For the Since week. Jan. 1. 29,104 812,761 25,520 66,647 2,071 3,488 577,865 9,885,885 109,088 341,077 5,783,470 449,510 19,043 371,416 1,310 48,463 » 1873.—; . For the Since week. Jan. 1. / 7,644 4,696 .... 418.534 61,286 1,591,414 4,429,020 26,293 37,310 10.691 Grain in sight and tfce movej mail dates: 510 RECEIPTS AT * \h IV; Chicago... 9, AND FROM AUGUST . Total 130,615 Previous week.., Correap’Lg week,’73. 119,665 ’72. ’71. ’70. it u * ;•>’ Oats. Barley. bush. bash. Rye. bush- 6,031 107,036 J 225,585 4,468 18,892 12,029 1,467,639 1,279,845 651,178 1,344.673 657.513 33,245 1,333,183 932,119 577,602 562,886 369,827 637,345 971,271 1,619,022 508.223 101,930 103,713 916,661 282,681 29,507 34,600 55,678 22,322 632,486 380,131 83,863 • - 19.240 30,215 19,28,3 Domestic Cotton Goods.—The demand for cotton fabrics has 21,612 Aug. 1 to date. 4.939.923 64,811,462 41,915,403 20,317,467 5,863,710 1,592.586 time 1872-73 4,361,612 39,143,151 44,171,095 19,268,813 8,899,993 1,539,681 time 1871-72.. 4,128,138 33,*59,552 44,736,85S 20,428,716 6,122,301 2,461.112 time 1870-71.. 4,587,571 36,084,198 25,298,925 15,326,859 5,138,857 1,373,246 light, and few sales [are making except in the way of filling assortments. The break in Atlantic cottons which occurred last week, resulted in these goods being closed out without delay, and the agents are now only taking orders at value. Some other grades of brown goods have declined a fraction and there been very . Estimated. Flour and Grain from tue ports of Chicago, of Shipments ! 13,500 103,318 101,435 it it! 41,809 10,059 3,750* 22,113 increase of sales are so (56 lbs.) (821b».)(481bs.) (56 lbs.) 5.350 16,467 674,400 303.030* 3,960 7,820 47,050 34,790 415 1.140 81,162 346,244 489 5,197 20,135 9,054 350 400 99,100 54,600 62,849 Toledo Detroit Cleveland St. Louis 1 TO MAY 9. Corn. bush. Flour. Wheat bbls. bush. (196lbs.) (fiOlbs.) 39,563 527,400 718,763 42,450 likely to submit to a further decline when the chances foran small. The jobbers have not made many changes except such as were necessary to conform to the altera tions in the agent’s quotations. The flood and political disturbances in the south and southwest are checking even the usual flow of business from those sections at this period, but the demand from other sources is^ perhaps, as active as ordinarily. Collections are coming forward with a fair degree of promptness and the market is in a satisfactory condition as regards its finan¬ cial position. not THE WEEK ENDING LAKE AND RIVER PORTS FOR MAY Milwaukee Total Same Same Same Milwaukee, Toledo, Detroit, Cleveland, St for the week ending May 9, 1874, and Louis and Duluth, from January 1 to has also been Rye. Barley, Oats, Floor, Wheat, Corn, bn ah, bush. bush. Weekending— bbls. bosh. bash. 9,727 21,336 637,498 May 9, 1874 113,309 1,957,197 1,149.270 12.147 15,958 918,158 218,380 May 2, 1874... 128,471 1,373,346 63,480 11,834 294,312 .Corresp’ug week 1873 137.565 1,477,871 1,322,919 26.094 24,785 218,368 360,679 1 773,180 Corresp’ng week 1872 84,570 10,556 10,726 256,332 Corresp‘ng week 1871 91,885 1,250,828 1,135,457 4,692 21,752 104,051 483,121 Corresp’ng week 1870 96,955 1.280,707 Total Jan. to date... 2,057,105 15.910,137 7,508,759 4,043,736 1,110,481 2,277,724 Same time 1873 141,304 1,964,62! 5,500,163 8,654,974 3,973,920 1,409,345 Same time 1872 319.095 1,254,840 1,960,080 13,067,042 2,823,621 '826,691 Same time 1871 1,254,186 7,469,285 11,100,022 1,885,762 330,764 147,494 RECEIPTS OF FLOUR AND GRAIN AT SEABOARD PORTS FOR THE WEEK ENDING MAY 9, AND FROM JANUARY 1 TO MAY 9. *- —- - Wheat, Corn, Oats, bbls. bush. bush. 543,697 54,875 2,000 11,889 446,700 bush. 105.167 43,290 52,425 18,520 1,500 • 4.005 .... 12,250 ... Philadelphia 17.3S4 150,800 .. 142,200 1:38,800 64,573 .... 171,906 201,532 202,675 193,477 905,161 875,940 755,881 662,742 791,763 1,000,920 1,385,497 1.426,210 198,152 Total Previous week Week April 25 Week April 18. .'.... Week April 11 Cor. week, ’73 428,015 295,663 1,369,627 186,149 876,478 ! 15,289,891 9.900,296 ! 15.496,696 4,319,775 8,543,343 Total Jan. 1 to date. .3,754,019 13,824.166 .2,905,598 3,205,046 Same time 1873 ,2,499,285 2,010,565 Same time 1872 game .2,443,453 time 1871 bnsh. bush. 2,150 .... 300 2,847 69,200 18,600 11,392 79,900 22,202 ... Baltimore New Orleans Eye, Barley, Flour, At New York Boston Portland* Montreal • « • • • • . • • • • • » .... 2,870 • 810 • .... .. 6,120 7,979 14,035 2,847 4,905 262,289 336,072 347,871 • 16,475 11,820 409,225 4,208.130 6,852 27,520 40,248 665,870 341,279 444,682 9.586 . 600 4,804,3:38 998,827 956,911 400,665 33,286 61,442 3,015,043 435.582 Supply of Grain, including the stocks in at the principal points of accumulation at lake and seaboard ports, in transit by rail and frozen in in transit on the New York canals, was, on May 9,1874: The Visible granary Wheat, bush. bush. have been as follows: 45,086 “76 135,207 85,098 11,139 14,428 92 Manufactures of wool.... 582 do cotton..,1,306 547 do silk 536 do flax 190.000 25,000 25,000 1.2,546 133,711 44,328 59,179 75,806 3,200 18,868 85,000 40,000 15,316 3,480 165,000 76,036 235,074 40,446 850 94,488 155,000 245,975 1,254,398 1,036.626 314.048 1,310 26.700 194,764 82,000 416,560 1,635,459 2,949,769 1,338.683 47,793 93,503 481,184 572,196 605 934 702,799 New York canals 1,382,336 9,767,769 Total Total in store & in transit May 2, ’74.10,985.860 “ Anl. 25, ’74.10,406,826 “ “ Barley, 121,553 12,585 " 34,053 May 10,’73. 6,405,820 112,644 794,121 - 323,900 41,125 6,000 ENTERED FOB CONSUMPTION FOR THE )——1872 1.945 Pkgs. THE $229,947 , 740 387 411.221 3,600 4,119 5,517 $1,346,245 925 490 9,160 253,674 136,467 297,715 360J19 815 321 210,129 • 116,370 92,304 134,801 $879,171 3,123 $1,196,835 MARKET DURING THE SAME PERIOD. . cotton., . 20,026 silk.. 94,400 flax.. 249,394 394,5S1 463,900 3,458,674 588,096 DRY GOODS TRADE. Friday, P. M., May 15, 1874. . . i. . Add ent’d for consumpt’ni $211,35! 43,263 459 299 99 493 116 $705,905 879,171 3,123 J.SB $514,421 1,196,835 $197,418 90,340 73.8134 22,399 466 543 222 510 2,682 $410,263 1,346,245 4.423 9,160 393 243 ' "89 308 753 $153,406 1,786 5,517 70.254 156,795 181,764 126.665 m’k’t. 7,303 $ 1,756,508 13,533 $1,585,076 ENTERED FOR WAREHOUSING DURING SAME Manufactures of wool.... do cotton.. do do Silk 621 434 231 565 144,872 204.664 139,738 464 $267,220 - 173 110 244 "85,275 103,068 92,942 21,785 4,499 $1,711,256 PERIOD $203,283 58,116 91,396 374 $153,874 321 99.512 55 302 42,281 76,095 58.025 heavy trade in dry goods is over for this se ason, and the flax 43,542 1,285 50,264 Miscellaneous dry goods.2,749 “between season” period which is invariable marked by an 95,894 3,273 2,337 $415,304 almost utter stagnation of business, is upon us. There are a few Total 4,600 $852,388 4,264 $461,084 3,123 1,196,835 879,171 Add ent’d for consumptn 5,517 1,346.245 9,160 small orders coming in for sorting up purposes from the different sections of the interior, but the aggregate is small aud is mostly Total entered at the port:10,117 $2,198,633 13,424 $1,340,255 5,460 $1,612,139 restricted to jobbing sales. Agents have placed very few goods, We annex a few particulars of leading articles of domestic though they have been making strong efforts to induce a more manufacture our prices quoted being those of leading jobbers. liberal distribution by cutting rates on some of the leading makes Cotton Sail Duck. of staple cottons. The season is too far along, however, for buy¬ Woodberry, Drnid Mills I No. 8 Ontario and Woodberry 32 USA Standard 2$tf in and Fleetwing. I No. 9.... '30 ers to be tempted to enter into speculative purchases, and the ' 8bz. 24 do No. 0 I... 46 do 9oz. 26 ! Light duck— result of the reductions has been Bimply to create a little more No. 1 44 do 10oz. 28 Bear (8 oz.) 29 in.. 20 No. 2 42 do 12 oz. 33 demand from the city jobbers for the few staple brands that No. 3 do heavy (9oz.)... 23 40 do 15oz. 40 Mont.Ravens29in.. 22 No. 4 38 have been marked down, and which at their present prices Ontario twls. 29 in. 20 do 40in... 30 No. 5 36 ‘do 36m. 25 are desirable and safe purchases. Stark (10 oz.) It is not probable i,hat No 6 36 25 Ex twls“Polhem’s” 15 31 there will be any general decline, as the strength of the No. 7 Check*. cotton market is sufficient to maintain the current and even Union MiUe,N°.l8 20 Lewiston A 1.8 13 Caledonia,No.7.. do No.20 2* Kenn Check 19 highea* rates on goods. At the present range of values there is Columbia, No. 70 do*No. 50 22w Nolan’s extra The .jupwm— Value. WEEK ENDING MAT 14, 1874. 1874 , •1873 . , Value. Pkgs. Pkgs, Valne. 572 314 $270,027 $144,100 397,243 144,237 163,547 , Total thrown upon \ii s IO USE AND THROWN INTO THE 6,531,586 1,798,634 7,830,816 2,015,272 7,349,808 2,408,560 9,451,322 several makes of bleached fabric gives no indication of the probable extent of their purchases. Stocks have been pretty well cleared up here, except of staple goods, which are still in good supply. The importations of dry goods at this por for the week ending May 14, 1874, and the corresponding weeks of 1873 and 1872 53,529 12,000 28,888 547.652 57,650 325,531 fUll shipments Lake shipments on Oats, bush. on 600,000 In store at New York In store at Albany In store at Buffalo In «*t,or.* at Chicago In store at Milwaukee In store at Duluth In store at Toledo In store at Detroit In store at, Oswego In store at St. Louis In store at Boston In store at Toronto In store at Montreal In store at Philadelphia In store at Baltimore Amonnt Corn, bush. reduction considerably unsettled, with quotations more irregular than for some time past. Prints have been rather slow of sale, but have not undergone any important changes in quota¬ tions. Lawns aud Percales are quiet but steady at previous rates. Colored cottons are barely steady, with a limited business doing. Domestic WoolExN Goods.—There is no call for light weight woolen fabrics for men’s wear, and the call for winter goods has been extremely limited so far. The out-of-town clothing trade are pretty Well represented in the market, and are canvassing for desirable assortments, but as yet have made only small purchases., Overcoatings are the principal goods in demand, and the pros¬ pects are favorable fora fair movement during the coming month, Worsted suitings are slow, and are without feature to note. Worsted dress goods have sold moderately, with jobbers offer¬ ing price concessions for the purpose of moving stock. Hosiery is quiet, with prices somewhat irregular on all lines. Foreign Goods.—The season’s business is well over, and there are no new features to record. The sales now making are chiefly through the medium of the auction houses, and are mostly clearing out lots. Importers are preparing to sort up for the spring trade, and buyers have gone abroad, but the unsettled condition of affairs iu the British and and Continental markets 56,938 6,639,466 a and the market is May 9: __ [May 16, 1874. TO GHJOTiqya very little margin for profit to the manufacturers, and they are Far.& Min, No. 5 Ja». Long, No.10 13 12# ParkMilU.No.50 13 York, I... - GUNNIES.—flee report under Cotton. GENERAL Shipping V 25 lb keg BRKADSTUFFS—See special report. BUILDING MATERIALS75 Bricks—Vommon bard, afloat 3 00 I* Croton 28 Philadelphia. Cfcnw/tf-Rosendaie 1 1 common @ 8 17 30 1 1 1 & 50 @ ....@ 10 @ 60 @ 30 @ 33 00 @ 28 00 @ 30 00 @ 75 00 @ 60 00 @130 00 & 26 00 @ 21 90 4 50 ® 6 25 & 25 & ...@ CHEESh;— _ ^ State factory, gdod State dairy, fine COAL— Auction sale . to fan 03 00 87>'@ 5 82*@ 4 3?*@ 11 00 .... do 00 50 do do gold. ...gold. gold. gold. S&vanllla Costa Rica 16 18 19 @ @ 20 00 .... n* 1S% 19* W 21* 21* 20* @ @ »* @ 20* 35 33 35 25 Bolts ....@ ....@ 2i*a CjDTTON—See special report. 3*@ Argols, crude 18 @ 21 gold. 27 @ 31 “ 4 “ 3*0 5 12*@ 5 25 “ “ 16*@ 2 50 @ 2 62* “ 36 00 6 37 0j “ Irgols,refined krsenic, powdered Bicarb, soda, Newcastle Bl chro. potash, Scotch Bleaching powder Brimstone, crude Brimstone, Am. roll Camphor, refined Castor oil, E.Lin bond, gal., gold. Caustic soda Chlorate potash 3 @ 31 00 25 27 55 55 35 ....@ 5 18*@ *• ‘* 26 51 52 •• Cochineal, Mexican Cream tartar 34*@ Cubebs, East India “ Catch....... Gambler.... @ @ @ ** “ cur. Ginseng, Western Ginseng, Southern.. . 23 z5 29 25 7 6 15 cur. ....gold. “ Prnsslate potash, yellow 33 Shellac..., 28 8* 7 16 3* *35 @ & @ 53 gold @ 70 @ @ 50 21 20 10*@ :e* George’s Bank cod Mackerel, No. 1, shore Mackerel,No. I, Halifax Mackerel, No. 1, Bay, late catch..., Mackerel,No. 2, shore Mackerel, No. 2, Halifax Mackerel, N o. 2, Bay FLAXNorth River FRUIT— V lb Zlatas, Seedless 5 21 16 15 15 11 14 25 « IK) @ 00 & 25 @ 25 @ 50 @ 50 @ 15 .... 24 00 20 19 16 15 jo Valencia do Loose Muscatel, new 00 00 50 00 15 00 @5 2 75 @ 2 ....« ...G 8 40 @ 3 Buitana 17 50 80 13 12* 75 . 27*# 28 n*.l @ Fins 12 8 13 V case. 7 00 © Sardines, #Italian tacaronl, or box Domestic Dried— cur. “ do do. @ a 26 IS* @ 13 1S*@ Apples, State, sliced, 1873 crop do do "quarters do western do nr. Ga., new do. North C arollna 25 13 11 14 13 do. .... Peaches, pared, .... Virginia nnpared, halves to quarters Blackberries Raspberries assn. **»....»>♦........... @ 12 25 & @ 26 @ @ 26 9*@ 18 @ 37 @ 80 <4 IF © Pepper, Sumatra do Singapore 13* 12* 27 30 27 14 @ @ white do Cassia, China Lignea do Batavia 11' 12* 19 33 33 18 ... 1 15 1 25 ....@ do ...@ 45 18 1 15 12 utemn. Bold 13* 13* liquors—Cash. Domestic Ordinary, foreign gold " 25 Hemlock.Buen, A’res, h.,m.&l.cur. " California, h., m. & 1.. ** " Orinoco, Ac... h., m.& 1. “ " rough “ Slaughter crop ** Oak. rough “ Texas, crop “ 27 26 17 5* 06 GO 6* 5 90 @ @ Cuba, clayed Cuba, centrifugal and mixed Cuba Muscovado, 50 test refining to 37 @ 30 @ 41 35 grocery grades, Porto Rieo 42 @ 45 English Islands 40 @ @ @ @ 43 70 50 34 good to prime # gal. 73 2 40 @ 250 @ Tar, Washington Tar,Wilmington Pitch, city @ Spirits turpentine V gall. Rosin com. to good strain’d fl bbl. 2 65 “ “ do do Pgcans *•«. Hickory •••••••••••• 16*@ .. 11 •••••••>•••,««, nut's’.’.*. Peanuts. Virginia do Wilmington, new f) bush. Almonds, Languedoc do Tarragona . 7*@ 1 00 @ 2 85 @ 2 50 @ 19 @ ....@ IYfcft,. Shelled 29 @ do Princess 38 @ 39 7 H9 10 ...V lb. OAKUM _ City, bag, E. I. seed gold ... @ cur. 43 00 @ OIL8- Menhaden, prime Neatstoot 1 13 @ 97 @ 40 @ light. 35 © 68 @ ...@ Whale,bleached winter Whale, Northern 84 @ Lard oil, prime PETROLEUM— Crude, in bulk Crude in shipping order Refined, standard white Naptha, bbls ....« 8*2 PROVISIONS— 14 19 9 12 20 Beef hams, new ft Hams, pickled Lard •••«••• , gold. Rangoon,in bond choice Louisiana, fair to prime CarollnB, fair to 25 00 50 50 00 •' 3 40 7Y'5* ** *• Ha van •. 0 5^ 8* - • sack. @ 85 @ @ 1 25 "5 @ 55 @ 20 26\ 24^ 22 75 9 70 @ 10 @ 5 7 1.3 5 at 6 ® @ @ © 12 fO 7 49 @ 110 ’:*2. ’72 . ' : a '.c :.o @ 40 t 5> 50 © © ...... 5 ■tc (0 55 43 12 . — ^ a r" © :-3 ft f: ! © (<t c6 .-I 1 et 23 ; ■* ca r © 32 33 f ’ © 37 3 @ 18 . ... - — - To Livxbpoot' T1 it. Cotton Flour V bbl. 8* fin 8 00 90 £0 48 21V ^ 10 50 9 'JO .... • 6* t*\go!d net Heavy goods. ton. ... Corn.b’lk to bgs. V bu. Whdftt,bulk to bags.. 40 1 85 l* FREIGHTS— SO •••••• 48 65 ZINC— 3 50 ,85 @ r. v •>. <■ • o. L'.' :1H wor; OH Martin Surks Island @ @ @ @ @ — 10* & @ @ ....@ ** “ “ Medium Common South Am. Met-ino nrwaitp.i Cape Good Hope, imwasneci Texas, fine Texas, medium 8k ... 1 28 @ 26* ^ California. Snrinn C..n— Fine, unwashed ............... 1*8\- 85 35 65 95 71 •• r.' WOOLAmerican XV American, N ’. (c American ,C am birg Extra, Puiiel No. 1, Pulled... 85 @ @ @ @ @ .' r. • “ @ 20 00 @ It 00 @ f5 1 TO 22 3“ 65 CO'} Maunt'ac’u,• ■:.( •’ 11 59 10*2 38 53 70 26 Pennsvlvan:? 'vy'is *s. M 70 62 55 _ ** 66* 35 @ " Seed leaf, C 'i N.cv @ 18 50 @ 25 00 11 10*4 SALT— Liverpool ,t*rioui sort* 1 @ 45 70 1 (X) 1 13 @ 1 35 F0 @ 87 45 @ 60 63 @ 65 20 @ 23 24 Gt 27 Nominal. 35 ............ r sx Rt. O- .... Pork, prime mess city Beef, plain, new Beef, extra mess, new Cadiz 1 15 93 17 12*@ 17 25 bbl Pork, extra prime Pork new mess V ... Ket.cc." 1 60 @ l 8> @ i*90 Sperm,crude......... Sperm, bleached winter > i* 28 40 60 30 42 70 1 m 35 F5 cur. *... Pla.es,' .... 52 *@ Cottonseed. crude Olive, in casks # gall Linseed, casks and bbls 9 Rnn’rto fine. ’lx. fine to finest . 10* 10* 10* 9\' 9* 10 kx fine to finest Choicest ' 7* @ 10*@ 10*@ Ex. fine to finest. p: 42 00 8 6* @ 7*@ Ban**a r. 8 9*@ 8*@ TIN— Sr, 9* 10* 7* 5 7 11-16 EftCiiyb OIL CAKE— 8 7 Ex. fine to finest choicest do do 9* 10* Souc.A Cong.. Com. to fair 31 17*^ 7* 8* 6*@ c*@ 6^@ Oolong, Common to fair,.*, do Superior to fine 19 .18 do do 7* «* 10*@ Sun. to fine Extra fine to finest do do 6* 9* 7*@ 8*@ Uncolored Janan,Com.to fair do Sup’rtollne .... ‘s* 6^@ 4*@ @ Suner.tu fine Kx. Hue to finest Choicest do 7* @ 7 Pyson Skin, to Twnn.. com. to fair. do do Sup.to fine do do Ex. fine to finest 3 25 2 75 @ S*@ 6*@ Hyson.Com. to fair do 12 9 @ 8 Rico,refining, com- to prime, grocerv. fair to choice.. Brazil,bags. D. 8. Nos. 8 to 12 Java, do. D.S., Nos. 10 to 12 * do do 13 17 11 12 6*5 Imperial. Com to fair 7 Naples Grenoble 9 Gunpowder, Com to fair do Sup.to fine 11 17 @ JO* 16* 11* @ @ @ @ n*@ — do 13 to 15 do 16 to 18 do 19 to 20 White. do do do do f.o ....@ .... fair to good grocery to choice grocerv centr.bhds. & bxs, No. 8 to 13 Molasses, lihds & bxs Melado .Nos. 1 to 9 Hav’a, Box,! do 10 to 12 do do do do do 13* 10 • pr. 33* 13*@ • prime, refining do do do do Young 6 25 NUTS— Filberts, Sicily Barcelona do Brazil nuts, new Walnuts, Bordeaux • ... spring llyson, Common to fair do Superior to fv e do Extra tine tc finest 2 75 4 00 2 95 5 00 @ • TALLOW— Western ¥* 31... TEA— 2 50 2 60 3 (0 4 50 5 50 pale • do do off A..*...., White extra C Yellow do Other Yellow :. 80 @ @ @ 14 .... Defined—Hard, crushed Hard, powdered do granulated Soft white, A standard centrif... .. 3 no 2 75 No. 1 No. 2 ■u @ 9*@ Manila 37 . 97* do 36* 36 ....® Porto 27* @ @ @ @ .... 4 SUGAP.— do do dO do 80 2S 25*@ .... 8 25 1 99 Cuba,inf.to com. refining do fair to good refining 00 LEATHER- Demerara N.Orleans American viermun 8*^ 9 @ Sheet and pipe @ . English, spring,2d & Tstrji-ality English blister, 2d & 1st quality American blister American cast, Tool American cast, spring American machinery @162 50 @135 00 @ 15 8TEEL— 15 6*@ .... @ 15 00 @ 5 50 @ 8 f-5 17 Whiskey ?o @ @ @ @ @ 40 00 Bar • 75 45 1 S7*@ “ “ ” Rum—Jam.,4tn proof St. Croix, 3d proof Gin,Swan and Swallow 85 S 3 3 3 # gal’ Brandy, foreign brands LEAD— Domestic..' 25 25 @ 12*@ 11 *@ SPIRITS— 11 13 17 34 fO 100 CO 18 19 @ @ @ 13* Hoop Ill) 00 @155 Sheet, Russia, as to assort gold. 16*@ Sheet, single, double & treble, com. 4*@ gold Rails, new, English @ 57 Rails new, American 63 00 @ 65 RICE- ....@ ...@ 25 @ ...@ Cloves .... @ @ 81 00 @31 00 @ 30 00 Scroll 7 25 , — Nutmegs, Batavia and Penang Pimento, Jamaica, 15 ss 00 30 00 27 00 160 00 «*' 6*@ do. Calcutta Mace - Bar, Swedes, ordinary sizes 00 50 12** . Ginger African .... @ @ 25 25 7 6 7 5 SPICES— TOBA< @ .... Layer, new 10 18 9 Western FI8H- do 20 19 15 @ 7 00 @ 6)0 @ 6 09 @ 5 25 (3, ,cur. V lb Pig, American. No. 1 Pig,American.No.2 Pig, American Forge Pig, Scotch 62* 2 25 8ngar of lead, white Vitriol, blue, common _ ' *66 65 Soda ash do .... pale 36* @ @ @ & & Quicksilver gold. 1 48 Quinine cur. 2 50 Rhubarb, Chin a, good to pr....V ft. 32*@ Sal soda,Newcastle, gold 1 60 @ «o 25* !!*@ 16 @ “ Cropof 1873 Crop of 1872.. Crop of 1871 Crop Of 1870 extra 21 30 2*0 gold. 7 50 & Canton Ginger Sardines, V hi. box, 10 .... “ v v~ 85 2 50 V lb HOPS- " 5* @ a 8il vitriol (66 degrees) pitira,Turkey,in bond Currants, hew Citron, Leghorn Prunes, Turkish Dates is “ “ Calcutta, dead green Calcutta,buffalo " @ & gold do 18 @ @ .... cnr. 8* 5*0 .... Madder, Dutch Madder,French Nntgalls.blne Aleppo do Para 4* ...@ . Jalap Licorice paste, Calabria Licorice paste. Sicily is 25* @ @ .... " California @ @ @ @ NAVaL STORES— 30* @ “ Cochineal, Honduras dye, good & fine .... -<>6 MOLAS8E8— DRUGS to DYE8— Alum, lump Lao ; 25* Store Prices, each. COPPERSheathing, new (over 12 oz; Braziers’(over 16 oz.) Ingot .... “ “ " •* ... 19*@ gold. 25 25 - if:K 5 . 1 Taysaam. Nos. 1 & 2. Canton, re-reeled No. 1 26 V @ 25*@ * Wet Salted—Buenos Ayres 15 19 @ 20 *@ 23 @ 18 @ 18 @ ....gold. goid. gold. gold. Laguayra St Domingo Chili Pernambuco Matamoras Babta 11* 25 " Dry Salted—Maracaibo 2X 17* @ 18* @ gold. Maraealho Orinoco California Maracaibo Bahia. 00 00 4 70 4 75 4 90 27* 26*@ “ ** *• “ •• 5* 2X . SPELTER- 26 @ ** Montevideo. IRON- COFFER— ttloordinary cargoes,60@90days.gld. 3*@ io 7* 5* 9*@ ...,@ gold Corrientes Rio Grande 16* •4 62 *@ 4 72 *@ SILK— Tsatlee, No. 3 chop Tsai lee, re-reeled 285 00 TrnrpljTn Wpsfpvn Dry—Buenos Ayres 12 & @23C @120 @230 @ 290 ^ lb. .. Hemp, foreign Flaxseed, rough Linseed,Calcutta $ SOa gokl (time). HIDES— 00 33 82 4 .. nominal. “ ** “ “ E. /. stock—Calcutta alanght... gold 15 14 Liverpool gas cannel Liverpool house cannsl. bags Sisal Jute 35 35 00 00 00 8* 27 , 1 10 . 00 00 00 00 gold.225 00 Italian Manila 10 23 5,000 tons steamboat 10,000 tons grate 5,000 tons egg. 23.090 tons stove 7,000 tons chestnut Java.mats and Native Ceylon Russia,clean ... of Scranton, April 29: do fair, do good, do prime, 185 30 115 00 Texas “ “ American dressed American undressed 75 00 50 75 * Welsh tub-', per invoice Do. single dairies @ .... ....@ SEED— HEMP— Rockland, finishing Lumber—Southern pine 36 White pine box boards 23 White pine merchan. box boards. 24 Clear pine 65 Oak and ash 50 Blackwalnut 100 24 gprnce boarded; planks Uelhlock boards to planks 18 JValls-10@60d.com,fen to sh.$ keg 3 Clinch, 140 3 in. to longer 5 Milne 6 Cut spikes, all sizes 4 Paints—Lead, white,Am, pure. In oil ne Lead,wh., Amer., pure dry @ Zinc, wh., Amer. dry, No. 1 11*@ Zinc, wh., Amer., No. 1. in oil 2* a Paris white,English, prime BF™M>er invc’e (N.Y.,“N.J.&Pa.) Single dairies entire 4 25 3 75 14 13*@ 44 Clover, Western HAY— North River.shipping 6^3 ?ot & @ Blasting Min. to arhks— SALTPETRERefined, pure Crude Nitrate soda GUNPOWDER— PRICES CURRENT. Lime— Rockland, 511 THE CHRONICLE Jjfay 16,1874* I Reel Pork. .$1 ce. -SCRAM.-—. s. x. d' K••• 3 0 3b 0 55 0 10 ©.... (it 40 0 @.... <a... 10*5.... 8 0 59 ... ft.... 9 © 8X sa:t—, r. d . d 3-165 2 6 25 0 40 0 9 a @ @ @ 9*® 5 6 @ .... SO 0 .... .... .... @ 4 0 .... .... 512 THE CHRONICLE Commercial Cards. Irvine K. ■ tl- Commercial Cards. Chase, Everett 6c Co. G6 COMMISSION COTTON State BUYER) Na&liville, Tennessee. on REFERENCE.—First National Bank, Nashville. Street, Boston, i' Wheless, *.• AND 44 Sc HEARD CO., BROAD Government Bought and Sold Wm Pickhardt8cKuttroft 30 Broad IN Banks, CHEMICALS, COLORS, DYESTUFFS, Chauncey, MERCHANTS, &C No. 23 Cedar &C|, &c. , A ) p.n. CO., VALPARAISO, CHILI, Henry Lawrence 6c Sons, MANUFACTURERS OF PREVOST & CO., IQU1QUE, PERU, Messrs. JNO. W. CATER Sc CO., 192 FRONT Wm. Co., Iquique, are prepared to give s pecial attention to everything connected with the purchase and shipment of Nitrate of Soda. BANKERS AND 39 Wall PRIME STEARINE LARD, PACKER FOR LARD Leonard, Sheldon 6c Co., OIL, BANKERS, Washington, Vestry Sc Greenwich Sts. CLIMATES. ALL* AND DEALERS MANUFACTURERS OF LARD OIL AND STEARINE. v 59 NEW YORK. ESTABLISHED 1841. BEAVER Smith, Baker 6c Co., Yokohama and Htogo, Japan. REPRESENTED BY E. '66)4 IV. Pine COR LI Street, 8c Olyphant COMMISSION I. Hong Co., lion-, Shanghai, Foochow Sc Canton, China. Represented OLYPHANT A: Co., of China, 104 Wall St., New York. Cheney Brothers, Manchester, Conn. SALESROOM BROOME 477 New PINE STREET, Receive the accounts of interior 5c 31 WALL AND S A LERA T US, No. 11 Old The Slip, New York. Jobbing Trade ONLY Supplied. Explanatory circular, with references and quotation Commission. J. Alden Gaylord, MISCELLANEOUS STRICTLY P. O. Box, by permission to MESSRS. NICHOLS, STONE & CO. COMMISSION. prompt attention. Tnos Fyshe, W. L. Comings, Late one of the Agents of Member of N. Y. Stock the Bank of Brit. No. America. & Gold Exchanges. Co., Broad St., Cor. Exchange STOCKS AND Place, according to terms of contract. “Double cost from $250 to $400 per one hundred shares,and are in every way satisfactory, as they cover a decline or an advance. One hundred and twenty-five dollars commission will purchase a “Put” or a Call for $50,000 Gold any time in thirty days; $250 and and 81 Bpnds bought and sold strictly on Commission. Accounts received and interest allowed on Balances, which may be checked for at sight. J. B. Diokinbon. -- Platt K. Dickinson. can bedeliver- SixtygO) Days; Privileges YORK. Securities, Gold, Stocks and GOLD^ Operations are much safer and more satisfactory, when made against “ Privileges,” the negotiation of which we make a specialty. One hundred dollars and commission will purchase a first-class Put or tall for one hundred shares of stock, which ed or called at any time in Thirty or BANKERS, NEW New York. 1272. "Refers Negotiated, ON SECURITIES, 33 WALL STREET. STREET, N. Y. Loans Government “ IN PRIVILEGES, STOCK. & GOLD Comings, STOCKS, GOLD & EXCHANGE BOUGHT & SOLD John Dwight 6c Co., SODA STREET, BROKERS Stock, Gold and Exchange Brokers, 25 of Montague, BROAD CITY RANK, ThreadneedJe Street. STREET, SLPER-CARBOYATE boston, mailed to any address. Stocks and Gold Bought and Sold on LONDON CORRESPONDENTS Dickinson 8c MANUFACTURERS OF 6 banks, bankers, corporations and Merchants. Agents for the sale of City, County, and Railroad Bonds ; Issue Letters of Credit for foreign travels : York. 38 state street Hazard 6c NEW YORK, All orders will receive SILK MANUFACTURERS, Hartford and South Winslow, Lanier 6c Co., FOB WALL STREET, NEW YORK, 52 Fyshe by BROTHERS Sc COMPANY, AGENTS 27 MERCHANTS, & G. C. Ward, BARING BANKERS, York. YORK. S« G Financial. ES, New NEW STREET, NEW YORK. MERCHANTS COMMISSION STREET, WALL 10 No. SALES OFFICE: PROVISION GEO. B. HOWELL. W. C. SHELDON, AND COMPANY. LARB Street, New York, phlet mailed on application. LEAF JEWELL,HARRISON PURE BROKERS, Buy and Sell Stocks on Maigins or for Cash. PUTS and CALLS negotiated at the lowest market rates; $50 for 50 shares, $100 for 100 shares. Thirty-two page explanatory pam¬ W. B. LEONARD, 8c Street, Tumbridge 6c Co., J. Wilcox 6c Co., Messrs. Prevost & Wall allowed. NEW YORK. STREET 61 Jones, AND SELL STOCKS, GOLD AND GOVERN¬ MENT SECURITIES ON COMMISSION. USE, LIVERPOOL, ENGLAND Advances made on Consignments of approved mer¬ BUY CORDAGE, FOR EXPORT AND DOMESTIC chandise to the above houses. V: BANKERS, Stocks carried on margin. Deposits received, sub¬ ject to check at sight, on which 4 per cent interest MANILA, SISAL, JUTE Sc TARRED CATER, SONS & CO., LONDON, ENGLAND, r Davidson 8c^ ~ General Partners ADOLF KUTTROFF, s B&D1SCHE ANILIN & SODA FABRIK, 59 and A SPECIALTY. City and Brooklyn Gas and Insurance Stocks Bough t and Sold at Current Rates. SpecialBPartnar KENDALL Street, Room 23, SECURITIES BROOKLYN Branch Offices in Philadelphia and Boston. AGENTS FOR Messrs. JNO. W. balances New York Street, New York. WM. PICKHARDT, Street, New York, LIMA AND on George H. Prentiss, MERCHANTS . Messrs. Commission, and on Accounts received and interest allowed which may bo checked for at sight. Corre¬ References.—Third and Founh National and Proprietors of Thk Chronicle. Messrs. Bonds LOANS NEGOTIATED. AND COMMISSION Special attention given to Spinners’ orders. spondence solicited. 48 South MERCHANTS. STREET. IMPORTERS NASHVILLE, TENNESSEE. COMMISSION Co., Securities, Gold, Stocks and consignments of approved mer MERCHANTS, Fabbri 8c COMMISSION Liberal cash advances made on consignments of Cotton and Tobacco to our address; also to our friend# In Liverpool and London. chandize. COTTON COMMISSION BANKERS OF CHINA AND JAPAN. Advances made Ifu R, T. Wilson 6c AGENTS FOR AUGUSTINE McAlister & Financial commis- STOCK7anefcOLD PRIVILEGES are becomlngmore popular every day, as , risk We have completed Privileges, with prac tlcal illustrations, which we will mail tocrS*' We refer by permission to Messrs. Van Schalck & Co., f & Co., James Struthers, ]Esqwill have prompt attention, and information furnished. Messrs. Scott, Strong New York. All orders further Member N. Y. Stock & Gold Excbge. Howabd C. Dickinson, Member N. Y. Stock Exchange. it is not necessary to than amount paid for Privileges. a • ‘ Circular” fully explaining “ ■ V [May 16, 1874. LAPSLEY Sc Brokers, No# BAZLEY, 74 Broadway# r •% MAY 0, AND FROM AUGUST bosh. (196lbs.) (60lbs.) 89,563 527,400 718,763 42,450 9,500 62,849 41.809 10,059 3,750* 13,500 bbl , Chicago . . Milwaukee Toledo Detroit . . . Cleveland St. Louis . b . 127.435 Corresp’i-K week,’73. “ ’72. ’'il. ’70. “ 44 1,467,639 130,615 119,665 101,435 Total Previous week 103,713 Total Aug. 1 to date. 4.939.923 Same time 1H72-73. 4,361,612 Same time 1871-72.. 4,128,138 Same time 1870-71.. 4,587,571 bnsh. 5.197 400 6,051 4,468 657.513 677,002 562.886 508,223 33,215 29,507 18,592 916,661 282.681 632,486 350,131 22,322 83,868 1,344,673 1.838,183 932,119 1,619,022 19,240 and ordinarily. are coming forward with a fair degree of promptness the market is in a satisfactory condition as regards its finan¬ 30,215 19.283 cial position. 12,029 34,600 55,678 Domestic Cotton Goods.—The 21,612 04,811,462 41,915.403 20,317,467 5,863,710 1,592,586 Louis and Duluth, from January 1 to May 9: Rye. bnsb, Barley, Oats, Floor, Wheat, Corn, bush. bnsh. Weekepding— bosh. bbls. bosh. 21,336 637,498 May 9, 1874.. 113,309 1,957,197 1,149,270 15,958 218,360 918,158 May 2, 1874 128,471 1,373,346 63,480 294,312 Corresp’ng week 1873 137.565 1,477,871 1,322,519 26.094 360.679 1,773,180 213,368 Corresp’ng week 1872 84,570 10,726 256,832 Corresp'ng week 1871 91,885 1,260,828 1,135,457 104,051 21,752 483,121 Corresp’ng week 1870c 96,955 1.280,707 Total Jan. to date.. .2,057,105 15.910,137 7.503,759 4,043,736 1,110,481 Same time 1873 1,964,62 ! 5,500,163 8,664,974 3,973,920 i,409,345 826,691 Same time 1872 1.254,840 1,960,080 13,067,042 2,825,621 Same time 1871 1,254,186 7,469,285 11,100,022 1,885,762 330,764 9,727 12,147 ' 11,834 24,785 10,556 4,692 2,277,724 141,304 819.095 147,494 SEABOARD PORT8 FOR TEE 9, AND FROM JANUARY 1 TO MAY 9. RECEIPTS OF FLOUR AND GRAIN AT WEEK ENDING MAY Flour, Wheat, Corn, Oats, bbls. At Now York bnsh. bush. 543,697 54,875 2,000 11,889 150,860 446,700 hush. 105.167 Boston Portland* Montreal ... Philadelphia ... Baltimore New Orleans ... 31.675 17,3S4 22,202 142,200 .... Total Previous week Week April 25 Week April 18 Week April 11 Cor. week, ’73 Total Jan. 1 to Same time 1873 171,906 201,532 202,675 198,477 198,152 . . . . .... . 186,149 . date..3,754,019 .2,499,285 time 1872 ..2,443,453 game time 1871 The Visible Supply Same 905,461 675,940 755,831 662,742 43,290 18,520 . 79,900 138,800 64,573 791,763 1,000,920 1,385,497 1.426,210 4.005 69,200 18,600 11,393 262,289 336,072 347,871 341,279 444,682 409,225 876,478 13,824,166 15,289,891 4,208,130 3,205,046 9.900,296 6,689,466 2.010,565 15.496,696 4,804,338 4,319,775 8,543,343 3,015,043 428,015 293,663 1,369,627 of Grain, granary at the principal points of seaboard ports, in transit by rail and New York .. 52,425 1,500 Barley, bush. . , . , 2,847 A®’ bush 2.150 300 .... • • • • .< • 2,870 800 •• 2,847 4,905 16,475 11,820 27,520 40,248 6,120 7,979 14,035 6,852 9.586 600 665,879 400,665 33,286 998,827 61,442 956,911 435,582 56,938 including the stocks m accumulation at lake and frozen in in transit on the canals, was, on May 9,1874: Wheat, In store at New York In store at Albany In store at Buffalo In «t,on* at Chicago In store at Milwaukee In store at Duluth In store at Toledo In store at Detroit In stor • at. Oswego In store at St. Louis In store at. Boston In store j»i Toronto In store «t Montreal In store at Philadelphia In store at Baltimore Rail shipments Lake shipments Amount on New York canals Corn, bush. bush. 325,581 34,053 26.700 82,000 194,764 416,560 1,635,459 2,949,769 1,338.683 47,793 93,503 481,184 85,098 135,207 11,139 600,000 190,000 133,711 235,074 44,328 40,446 572,196 850 94,488 605.934 165,000 155,000 76.036 245,975 1,254,398 1,036,626 702,799 112,644 794,121 1,382,336 Oats, bush. 53,529 12,000 28,888 547,652 57,650 41,125 45,086 34,428 25,000 59,179 75,806 3,200 18,868 85,000 40,000 314.018 823,900 94,400 “ May 10,’73. 6,406,820 6,000 Worsted suitings are slow, and are without feature to note. Worsted dress goods have sold moderately, with jobbers record. The sales now making are chiefly through the medium of the auction houses, and are mostly clearing out lots. Importers are preparing to sort up for the spring trade, and buyers have gone abroad, but the unsettled condition of affairs in the Britieh and and Continental markets there are no new features to gives no indication of the probable extent of their purchases. Stocks have been pretty well cleared up here, except of staple goods, which are still in good supply. The importations of dry goods at this por for the week ending May 14, 1874, and the corresponding weeks of 1873 and 1872 have been as follows: ENTERED FOR CONSUMPTION FOR THE WEEK ENDING MAY 14, 1874. 1.945 Pkgs. 121,553 12,585 “76 ‘836 210,129 253,674 3,600 136,467 490 815 4,119 134,801 321 5,517 !*1,346,245 9,160 $879,171 547 536 .2,546 Total WITHDRAWN FROM WAREHOUSE AND * Valne. $270,027 572 925 $144,100 314 740 387 1874 < Pkgs, . 297,715 360,419 176,370 92,304 3,1231 $1,196,835 THROWN INTO THE MARKET DURING THE SAME PERIOD, 1,810 20,026 9,451,322 3,458,674 588,096 Friday, P. M.% May 15, 1874 goods is over for this se ason, and the “between season” period which is invariable marked by an almost utter stagnation of business, is upon us. There are a few small orders coming in for sorting up purposes from the different sections of the interior, but the aggregate is small aud is mostly restricted to jobbing sales. Agents have placed very few goods, though they have been making strong efforts to induce a more liberal distribution by cutting rates on some of the leading makes of staple cottons. The season is too far along, however, for buy¬ ers to be tempted to enter into speculative purchases, and the result of the reductions has been simply to create a little more demand from the city jobbers for the few staple brands that have been marked down, and which at their present prices and’ safe purchases. are desirable It is not probable that there will be any general decline, as the strength of the cotton market is sufficient to maintain the current and even higher rates on goods. At the present range of values there is very little margin for profit to the manufacturers, and they are ■1873 , Value. 411,221 397,243 144,287 163,547 . 25,000 15,316 3,480 , Pkgs. $229,947 1,306 silk, flax. do do 92 » 1872 Value. 582 Manufactures of wool do cotto THE DRY GOODS TRADE. heavy trade in dry offer¬ ing price concessions for the purpose of moving stock. Hosiery is quiet, with prices somewhat irregular on all lines. Foreign Goods.—The season’s business is well over, and 466 543 $197,418 $311,351 70,254 90,840 222 181,1764 126.665 163j068 753 22,399 2,682 1/786 $410,363 4.423 5,517 1,346,245 9,160 Manufactures of wool— $153,406 393 243 89 308 do cotton.. silk do ' do flax Miscellaneous dry goods. Total Addent’aforconsumpt’n Total thrown upon The fair movement during the coming month, pects are favorable for a 249,394 394,5S1 463,900 6,531,586 7,830,816 “ Barley, bush. 1,798,634 2,015,272 7,349,808 2,408,560 9 767,769 Total in store & in transit May 2, ’74.10,985,860 “ Apl. 25, ’74.10,406,826 44 light, and few sales [are making except in the way of filling assortments. The break in Atlantic cottons which occurred last week, resulted in these goods being closed out without delay and the agents are now only taking orders at value. Some other grades of brown goods have declined a fraction and there has also been a reduction on several makes of bleached fabric and the market is considerably unsettled, with quotations more irregular than for some time past. Prints have been rather Blow of sale, but have not undergone any important changes in quota¬ tions. Lawns aud Percales kre quiet but steady at previous rates. Colored cottons are barely steady, with a limited business doing. Domestic Woolen Goods.—There is no call for light weight woolen fabrics for men’s wear, and the call for winter goods has been extremely limited so far. The out-of-town clothing trade are pretty well represented in the market, and are canvassing for desirable assortments, but as yet have made only small purchases. Overcoatings are the principal goods in demand, and the pros¬ .... .. demand for cotton fabrics has been very Flour and Grain from the ports of Chicago, of as Collections .39,143.151 44,171,095 19,268,873 8,899,993 1,539,681 33;*'>59,552 44,736,856 20,428,716 6,122,301 2,461.112 36,084,198 25,298,925 15,326,859 5,138,857 1,373,246 Milwaukee, Toledo. Detroit, Cleveland, St for the week ending May 9, 1874, and *“ at active Estimated. Shipments political disturbances in the south and southwest checking even the usual flow of business from those sections this period, but the demand from other sources is, perhaps, as The flood and are 489 350 107,036; conform to the altera, changes except such as were necessary to lions in the agent’s quotations. bush- 20,186 99.100 9,054 1,279,845 651,178 369,827 637,345 971,271 101,930 Rye. Barley. (66 lbs.) (30 !b-.» (481hs.) (56 lhs.) 5.350 16,167 674,400 801.030 8,060 47,050 7,820 34,790 415 1.140 81.162 848,944 103,318 22,113 . Cats. 51,600 225,585 1 Q*T 4 10 increase of sales are so bnsh. Corn. bush. Wheat Flour. 1 TO MAY 9. rr likely to submit to a further decline when the chances for an small. The jobbers have not made many not LAKE AND RIVER PORTS FOR THE WEEK ENDINO RECEIPTS AT ♦ r\f* 4Z&Qtmm r\ ono 73.864 510 - 92,942 31*785 43,2o3 •Trr-T 3,123 879,171 4,499 $1,711,256 SAME PERIOD 2,387 3,123 4,600 $852,388 4,264 1,346.245 9,160 48,542 1,196,835 50,264 consumpt n 5,517 42,281 1,285 3,273 $153,874 $203,283 139,738 95,894 374 321 55 302 464 173 110 244 Manufactures of wool... cotton. do do do silk.... 621 434 231 565 . . . flax.... Miscellaneous dry goods.2,749 . Total entered at the We annex a $267,220 144,872 204,664 ' few 58,116 91,396 58,025 $461,064 879,171 99.512 76,095 $415,304 5,460 $1,612,139 13,424 $1,340,255 port.10,117 $2,198,633 f$14, ,421 1,196, 835 1,876 $705,905 m’k’t. 7,303 $1,756,508 13,533 $1,585,076 ENTERED FOE WAREHOUSING DURING Total Add ent’d for 85,275 156,795 particulars of leading articles of domestic quoted being those of leaaing jobbers: manufacture our prices Duck. Cotton Sail I No. 8 No. 9... Woodberry, Druid Mills and Fleetwing. No. 0 46 .... Light duck— Bear (8oz.) 29in., do heavy(9oz.)... Mont.Ravens29in.. 1. 44 2. 3. 4. 42 40 38 5. 36 No. 6. Stark(10oz.)... No. 7. 36 34 Caledonia, No.7.. 13 Columbia; No. 70 Far.& Min, No. 5 Jas. Long, No.10 19 Lewiston A Kennebeck No. No. No. No. No. . do 40in... .. 32 30 20 23 22 30 25 Ontario and Woodberry USA Standard 28# in do do do do do * 8oz. 9oz. 10 oz. 12 oz. 15 oz. 34 26 28 33 40 Ontario twls. 29 in. 20 25 do 36 in. Ex twIs’T.olhemV* 15 Checks. 13 m 18 Nolan’s extra Park Miiln,No.50 Union Mills,No.18 do do ... 18 York!.*. --. No.tO No. 50 20 2. 22** M rf-r*—* 1G, 1874. GUNPOWDER— Shipping y 25 ft PRICES CURRENT. Blasting Mlu. A A*HK3?ot BHKADSTUFFS—Sec special report. BUILDING MATERIALRllricks—Common bard, alloat 3 75 Groton 14 00 28 50 ... 1 10 common Rockland, finishing 1 36 23 White pine merchan. box boards. 24 Clear pine 65 Luynber—Southern pine White pine box boards Oak and ash Blackwalnut 60 00 00 00 00 50 00 1U0 00 24 00 Spruce boards A planks Hemlock boards A planks 13 no Nail*—10<360d.com,fen A sh.ft keg 3 y0 Clinch, 1 to 8 In. A longer 5 50 6 25 all sizes 0 8 75 0 !7 00 Cement—R>sendaie 3d fine Cut spikes, <3 30 50 © 175 <3 l 35 (3 1 35 ® 38 00 @ 28 00 <3 30 00 @ 75 oo 0 60 03 0130 00 <3 26 00 <3 21 00 0 4 00 & 6 50 @ 4 25 @ ...<3 US 9*0 Paints—Lead, white, Am, pure, In oil Lead,wh., Amer., pure dry Zinc, wh.,Amer. ary. No. 1 Zinc, wh.. Amer., No. 1, in oil Paris white, English, prime 10 * 8X © 12 11X3 2X3 2X Firklns.per invc’e (N.Y.,N.J.APa.) 8ingle dairies entire “ “ Welsh tubs, per invoice “ “ .... 0 23 27 singledairies S3 32 0 . 15 14 dairy, flue & (3 16* 15 COALAuctton sale of Scranton, April 29: 5,000 tons steamboat., 10,000 tons grate 183 00 115 00 gold.325 90 Russia,clean Italian . Manila nominal. Sisal Jute 4 4 4 5 4 70 4 75 4 90 62X3 72X3 87x@ 285 00 “ ♦* “ “ 0 .... COFFEE— Rtoord.nary cargoes,60090 days.gld. do fair, do good, do prime, Java, matB and Native Ceylon Maracaibo do do do , 17X3 13X3 19 gold. gold. gold. 1“X lb* 19 X © 20X3 gold. ...gold. ....goid. 19X3 gold. Laruxyra SO* 23' 3 18 @ 18 @ bags St ilomingo gold. gold. OOPPERBolts Sheathing, new (over 12 oz; Braziers’ (over 16 oz.) 21X 21* 2UX 16X @ 18 19 gold. 8avanilla Costa Rica 16 26 @ 0 20X 35 33 35 25 21X3 ... gold “ 25 " •* Montevideo .* Corrlentes Rio Grande Orinoco California Maracaibo Baliia. 26X3 " Dry—Buenos Ayres 27 X 26* 25X 25X0 25 25 " " " Dry faffed—Maracaibo ... ... * ... “ " “ •• Chill Pernambuco Mataraoras Bahia Wet Salted—Buenos AyreB 18 ... 18 13 10 " ** Para California 0 Alum, lump 18 3 Argols, crude gold. 27 0 krgols,refined “ irsenlc, powdered 8X3 “ 5 12X3 5 Bicarb, soda, Newcastle “ Bi ohro, potash. Scotch “ 16X3 2 50 © 2 Bleaching powder “ 36 00 0 37 “ Brimstone,crude 3 @ Brimstone, Am. roll : Vtt. 80X3 Camphor, refined ....3 Castor oll.E.l.inbond, $ gal..gold. 5 18V® Caustic soda “ „ 26 51 52 ** . ** “ Cochineal, Honduras Cochineal. Mexican Cnbebs, East India “ Ginseng, Western Ginseng, Southern.... Jalap Lac dye, good A fine 0 ® 0 0 .... . 20 cur. i!5 gold. 29 25 7 6 15 ... gold Midder, Dutch Madder,French Nutgalls, blue Vleppo OH vitriol (66 degrees) “ Opium,Turkey,in bond gold. 0 0 ® 0 0 0 0 0 0 8X 7 16 2X3 Prusslate potash,yellow Quicksilver gold. Quinine cur. . Rhubarb, Chinn,good to pr....# ft. 7 59 33 1 48 2 50 ' 3X 9 0 *’S5 1 50 0 0 i’oo 82X3 gold gold 2 25 20 lead, white Vitriol, blue, common ® 0 0 0 :ox 65 8hellac Soda ash Sugar of 1 62 X 70 2 50 10X0 soda,Newcastle 1 60 21 Nutmegs, Batavia and Penang Pimento, Jamaica 0 @ • • S3 00 30 00 & 0 0 & 100 00 gold “ Domestic Bar..: Sheet and pipe.: 6X3 .... 0 “ uuba, centrifugal and mixed Cuba Muscovado, 50 test refining grocery grades, Porto Klc.o . George’s Bank cod Mackerel, No. 2, shore Mackerel,No. 2, Halifax Mackerel, No. 2, Bay FLAXNorth River Layer, new do Valencia Loose Muscatel, new Sultana do Currants, new Citron, Leghorn Prunes, Turkish Dates Figs Canton Ginger 3 40 Western .... pr.Ga., new. Raspberries. ..••••• •••• 5 50 2 80 13 .8* & 12 ...0 13 0 7 00 0 25 @ 13 0 11 0 8 “26 14 - - do do. North Carolina .... do. do. Virginia do nnpared, halves A quarters Blackberries. CherrifcS* pitted.. Plums"......:; 17 13X3 V case. cnr. do 00 00 00 50 00 00 11*3 * Apples, State, sliced,1873 crop do do do quarters do 0 6X3 27X4 9ardlnes, V hi. box Bardinas, f ar box Macaroni, Italian........ Domestic Dried— Peaches, pared, 0 ' 2 75 0 ....0 do do do 15 V lb FRUIT— Raisins, Seedless 24 20 19 16 15 15 •••••# 13 1*2 25 26 26 0 0 0 @ 0 9X3 16 13X 13 30 13X 12X 27 80 27 12X 45 @ 73 No. 2 2 75 •• pale extra 4 50 © 5 50 © 13X0 OAKUM oilcake— City, bag, E. I. seed @ 6*0 10 @ gold ... PETROLEUM— Crude, in bulk Crude in shipping order Refined, standard white Naptha, bbls , @ @ city Beef, plain, new. Beef, extra mess, new Beef hams, new RICE— 0 A 35 ® 18 Liverpool .various sorts. •••*•• <0 . •••••• saek. 185 % 8 66 Heavy goods. Pork.... 35 55 .V* ton. •£>£?• Vobl. @ fi @ @ 0 @ 12 59 7 49 1 10 25 40 5 23 15 0 0 20 0 50 @ 40 5! 43 0 0 0 ?4 84 j». a• 0.... 34 15 sx 10X8.... 8 0 0... 5 9 0.... 50 33 36 34 28 0 0 0 0 32 S3 37 87 18 0 0 8* 0 8 ATI. , d. , d ». 9-164 2 6 0 25 0 0 40 0 0 9 10 56 48 *2 0 0 0 95 xa ... 0.... 040 0 3 0 39 0 55 0 21* 7 13 35 34 STXA M.— $.*L 26* 22 @ 10 75 0 9 50 39 ft,gold,net Corn.b’lk A bgs. V bn. Wheat, bulk A bags.. * 4 39 25 29 gold. — To Liv*bpooi' Cotton f , bbl. Flour Beel 80 48 85 25 0 25 unwashed Sheet 40 •••• ^ft Merino unwashed FREIGHTS— 80 65 90 .0 23 Smyrna,unwashed 8* 48 0 0 @ 0 26X<* 79 i. ZINC— 3 50 ... . Turks Island unwashed. Cape Good H-ope, Texas, fine Texas, medium iox 7*0 ’72. fillers. 72. in“bpnd, black work...... bright work 50 00 00 11 0 5 Pulled California. Spring Clip- no 85 28 27 21**> No. 1, 50 60 20 WOOLAmerican XX American. Nos. I & 2 Fine. 0 0 0 0 0 @ 0 10 50 9 1)0 “ “ South Am. 10X® gold. 3 40 © 7*@ Rangoon,In bond Carolina, fair to choice Louisiana, fair to prime 16 26 35 Plates,char.Terne 25 10X0 .V ft pickled Cadiz 79 Pennsylvania wrappers. ’71 Havana, com. to fine.. 8X 17 12X0 17 14 25 @ 14 19 00 0 20 9 50 0 ll 12 50 0 13 20 00 0 25 V bbl Pork, extra prime Pork new mess St. Martin ;. 53 (> •• 45 70 1 (X) 1 35 87 Nominal. 38 B• Maim fac’d, 1 28 Sup’rto fine.. Ex. fine to finest •* 13* 8X5 PROVISIONS- 19 33 33 Sup.to fine Kx. fine to finest TOBACCO— Kentucky lugs.heavy “ leaf, “ Seed leaf, Conn. A Mass., wrprs. 5* 0 20 24 Skin. A Twan.. com. to fair. Plates.I. C.chareoal 113 <0 1 15 .97 @ 98 40 @ ® 1 00 68 © 70 0 62 1 60 ® — 185 ® 199 84 @ 85 whiter 0 @ 0 63 Banca 52X0 ••••••• 18 87 30 1 19 80 45 8t.raits .... 35 55 85 35 65 95 0 42 TIN— 0 42 00 .....cur. 43 00 ® 3X 0 0 0 0 0 0 @ 0 0 RU cu». English Whale,bleached winter Whale, Northern Sperm, crude Pork, prime mess 70 1 10 35 55 to fair Sun. to fine Extraflne toflnest do do 10 9 7X^ 7 H-16 28 40 60 SO Uncolored Japan,Com. to lair do Sup’rtotine Ex. fine to finest do Oolong, Common to ialr.,^ do Superior to fine do Kx fine to finest do- Choicest Souc. A Cong., Com. to fair 7X@ #bush. 1 (K) @ 2 85 @ 3 25 2 50 @ 2 75 II <g .... —0 19 is 17*0 29 0 SI 38 0 39 7X0 9X4 9k0 9X4 8X4 7X0 Imperial, Com. to fair 17 1-2 9 8X 7X 10X !0X 10X 9* 9X 9X 10X0 A choicest do do 8 10X0 Gunpowder, com to fair do Sup. to fine do Ex. fine to finest do do 8 8X 7 0 10X4 Vtt do Superior to fire do Extra fine to finest Young Hyson.Com. to fair Super.to fine do do Ex. One to finest do Choicest Hyson 1('X 6*4 8 @ A-standard centrif... Hyson, Common do 9X 10X 6X4 TALLOWWestern V 2> do 9X 9X4 6X 4 do Yellow Other Yellow 11 16X0 ll @ Cottonseed, crude ....... Olive, in casks V gall.. Linseed, casks and bbls Menhaden, prime light Sperm, bleached Lard oil, prime 19 to 20 granulated do do off White extra C 13 7 @ OILS— Neatsioot 7X0 8X4 9X0 10X0 - no Princess do Soft white, 13* do do 13 to 15 do 16 to 18... do do do NUTS- A’monds, Languedoc do Tarragona Iviea do do Shelled 7 © U»to 12 do do Hard, powdered *80 @ " Peanuts. Virginia do Wilmington, new 6*@ Nos. 7 to 9 do" Defined—Hard, crushed .. 48 70 50 0 “ SALT— 4X0 8X 9X 7X 6X "7X 8X 8X0 do white Rico,refining, com. to prime. do grocery, fair to choice.. Brazil, bags, D. S. Nos. 8 to 12 Java, do. D.S., N03.IO to 12 41 35 42 0 Spirits turpentine '....V gall. ... @ Rosin com. to good strain’d # bbl. 2 65 @ 3 00 @ No. 1 Hams, Lard ’sx 8X4 do 36X @ 7X 7X 8X0 Manila @ 11 12 8 0 do do do 0 81 @ 16X 17 7X0 pr. 37 .... 10X 11X Melado Hav’a, Box.D. 8. 00 .... 36 0 »7X 11X0 9 0 do .... 8 25 0 0 @ Porto @ Hickory nuts 21 ^ft lair to good grocery.... 30 2S 27X Pitch, city Pecans... 17 @ 9X0 14 0 3 55 to choice grocery centr.bhds. A bxs, No. 8 to 13 MolasseB, hhds A bxs. .... .......... 2 50 2 CO 3 (0 33 X 2 75 4 00 2 95 P 00 6 25 Fllberts, Sicily do Barcelona Brazil nuts, new Walnuts, Bordeaux do Naples Grenoble do 1 *9 prlm£, refining 27 0 26 0 25X0 2 40 © 2 50 a pale 1 87X0 ....© 8 15 6X4 do do do do 6* 0 NAVALSTORESTar, Washington Tar, Wilmington 5 50 Cuba,inf.to com. refining do fair to good refining 00 17 5* 00 .... 40 !• gal. good to prime “ 0 0 0 SUGAI:— 5 90 37 0 to cnr. Engllsh, cast,2dAlst quality English, spring,2d A 1st quality English blister, 2d A 1st quality American blister American cast, Tool American cast.spring American machinery Amerl6an German spring . 8X3 9 @ LEATHERHemlock. Buen, A’reB, h..m.&l.cur. “ California, h., m. & 1.. “ “ Orinoco, Ac.,, h., m.A 1. “ “ rough “ Slaughter crop “ Oak. rough “ " —gold —@ 15 00 3 85 3 75 8 45 STEEL- LEAD— Ordinary, foreign ** “ Whiskey @135 00 . gal’ Gln.S^vau and SWallow.. Domestic liquor8—Cash. Alcohol (98 per ct) C. A W 34 00 31 00 Hoop 110 00 0155 Sheet, Russia, as to assort gold. 16X0 Sheet, single, double A treble, com. 4X@ Rails,new,English ....gold .... @ 57 Rails new,American.... 63 00 0 6 5 45 18 ....« St. Croix, 3d proof ...360 00 0.162 50 Scroll 1 25 & ....0 Brandy, foreign brands...... ? Rum—Jam., 4th proof 15 Bar, Swedes,ordinary sizes 27 00 12 SPIRITS— 80 25 0 12*0 Cloves stemn do 11 11 IS 0 0 2.V 25 1 15 0 13X 0 0 18 19 11X0 1 15 @ 80 OO 40 00 34 TO Store Prices, each. Western.. Mackerel, No. X, shore Mackerel, Nb. I, Halifax Mackerel, No. 1, Bay, late catch..., 6* 7 23 at 0 do Calcutta.. Mrco - Pig, American, No. 1 Pig, American. No. 2 Pig, American Forge .. Ginger African. FISH— 5 25 0 21 00 3 16 00 0 15 25 3 15 25 A 14 59 3 14 50 3 5 60 25 0 Batavia do 00 28 * —0 white do "u • English Islands 36 X r. 26 7 00 is 0 0 0 0 10 18 ,.¥ft Demerara N.Orleans 21 00 at 20 19 15 0 .... 4s Crop of 1872 Crop of 1871 Crop of 1870 •• 7 25 0 gold Canslii, China i.lgiua 17 13X 13 X .... HOPSCropoi 1878 62X 31 00 25 at 6X4 Pepper, Sumatra do Stiiunpore 25X 9 Calcutta, buffalo 25 8X 4X 5X ...0 cur. Licorice paste,Calabria.... Licorice paste, Sicily ® 0 0 4X3 5*0 “ “ Cutch...... Gambler. 4 27 55 55 35 84*0 •• Cream tartar 21 31 7 00 6 1 0 6 19 5 25 SPICKS- •26 25 X VX0 16 gold Cuba, clayed 3X3 v v_ 2 50 SPELTER— MOLASSES— DRUGS A DYES- ,V lb ... 10x0 1 85 7 12X# 26 ® Texas, crop COTTON—See special report. Chlorate potash Tsatlee, No.3chop Tsatlee, re-rcelcd Taysaam, Nos. 1 & 2 Canton, re-reeled No. 1. 21 ....3 ....3 Ingot SILK — HIDES— .... ® 20 00 ..P ft. ..... Hemp, foreign Flaxseed,rough Linseed.Calcutta V 56ftgold (time). 10 7X 5* 3X0 2* SEED— 0233 00 0120 00 <3*211 pp * 290 00 9X0 ....0 ....0 Timothy.. Plg,BCOtCD 32X3 4 8?X0 1100 @ T,000 tons chestnut Liverpool gas cannel Liverpool house canual 1 10 ll 18X0 • » Clover, Western HEMP American dressed American undressed IRON- 5,000 tons egg... 23.000 tons stove Sal 0 E. /. stock—1Calcutta slanght.. Calcutta, dead green @ — CHKRSK— State factory, good to fan State SALTPETRE— Refined, r»ure Crude Nitrate soda 4 23 8 75 0 cur. BUTTER- Do. 1 UA X ! ® keg HAY— North Riyor.shlpplng ova Lime—Rockland, >*>.*«if* r^fjt v>iiiwj»i\ ii/JLtj; GIJNNIEB,—See report under Cotton. UENEUAL Philadelphia. *" I in ci l#M • • • . 80 0 0 9X0 5 6 0 4 0 81 • eee till • ••• 512 ■ THE CHRONICLE Commercial Cards. Irvine K. - Chase, I - Commercial Cards. Ever 66 COMMISSION COTTON State BUYER) Advances made McAlister & Wheless, Street, Boston, Sc CO., on Co., MERCHANTS. STREET. Securities, Gold, Stock* and mer¬ Bonds Bought and Sold on Commission, and LOANS NEGOTIATED. Accounts received and Interest allowed on balances which may be checked for at sight. I MPO R T E R S MERCHANTS, AND COMMISSION Special attention given to Spinners’ orders. spondence solicited. George H. MERCHANTS Corre¬ 30 Broad nr References.—Third and Fourth National and Proprietors of Thk Chronicle. Banks, CHEMICALS, COLOBS, DYESTUFFS, Chauncey, MERCHANTS, Street, New York, &c, &c„ &c. No. 23 Cedar Branch Offices In A ) r. . City and Brooklyn Gas and Insurance Davidson & _ KUTTROfIf, (General Partners FABRIK, SpecialfPartnsr. Sc CO., Jones, RANKERS, and 61 59 KENDALL SECURITIES SPECIALTY. Stocks Bough t and Sold at Current Kates. Philadelphia and Boston. WM. PICKHARDT, ADOLF BADISCHE AN1LIN & SODA Prentiss, Street, Room 23, BROOKLYN New York Street, New York. ; AGENTS FOR Messrs. BROAD Government consignments of approved Wm Pickhardt&Kuttroft NASHVILLE, TENNESSEE. 48 South 44 HEARD COMMISSION AND Liberal cash advances made on consignment of Cotton and Tobacco to our address; also to our friends In Liverpool and Loudon. chandize. COTTON COMMISSION BANKERS OF CHINA AND JAPAN. REFERENCE.—First National Bank, Nashville. Fabbri & R, T. Wilson & AGENTS FOR Nagliville, Tennessee. COMMISSION Financial Co., & ett AUGUSTINE . [May ie, 1874. Street, Wall PREVOST Messrs. LIMA AND Stocks carried on margin. Deposits received, sub¬ ject to check at sight, on which 4 per cent interest Sc CO., IQUIQUE, EERU, Messrs. JNO. W. Henry Lawrence & Sons, MANUFACTURERS OF VALPARAISO, CHILI, BUY AND SELL STOCKS, GOLD AND GOVERN¬ MENT SECURITIES ON COMMISSION. MANILA, SISAL, JUTE Sc TARRED CORDAGE, CATER, SONS Sc CO., LONDON, ENGLAND, Tumbridge & Co., FOR EXPORT AND DOMESTIC Messrs. JNO. W, CATER Sc CO., 192 FRONT STREET USE, Advances made on Consignments of approved mer¬ Wm. pedal attention to everything connected with the purchase and shipment of J. Wilcox & Co., PRIME of Soda. Buy and Sell Stocks on Margins or for Cash. PUTS and CALLS negotiated at the lowest market rates; $50 for 50 shares, $100 for 100 shares. Thirty-two page explanatory pam- phlet mailed on application. LEAF STEARINE LARD, W. B. LARD LAUD AUL, PACKED FOR Leonard, Sheldon &Co., OIL, COMPANY. PURE GKO. B. HOWELL. W. O. SHELDON, LKONABD, AND JEWELL,HARRISON & BROKERS. AND Street, New York, 39 Wall s Nitrate BANKERS NEW YORK. LIVERPOOL, ENGLAND chandise to the above houses. Messrs. PrevoBt & Co., Iquique, are prepared to give allowed. BANKERS, Washington, Vestry Sc Greenwich Sts. climates. STREET, WALL 10 No. SALES OFFICE: DEALERS AND MANUFACTURERS OF LARD OIL AND STEARINE. PROVISION ESTABLISHED 1841. 59 NEW YORK. BEAVER Smith, Baker & Co., COMMISSION Hiogo, Japan. REPRESENTED BY E. W. Pine 66# Olyphant COMMISSION New & Winslow, Lanier & Co., BANKERS, York. Co., MERCHANTS, OLYPHANT Sc Co., of China, Wall St., New York. Cheney Brothers, Manchester, Conn. Receive the accounts of interior banks, bankers, corporations and Merchants. Agents for the sale of City, County, and Railroad Bonds ; Issue Letters of Credit for foreign travel. LONDON CORRESPONDENTS BROOME 5c Stock, Gold and Exchange Brokers, 31 WALL * STRICTLY Negotiated, ON Co., BANKERS, Broad St., Cor. NEW Government Securities, SODA Exchange Place, YORK. Gold, Stocks and Accounts received and interest allowed on NALERATUS, The Jobbing Trade Slip, New York. ONLY Supplied. Bonds bought and sold strictly on Commission. AND No. 11 Old IN STOCK & GOLD PRIVILEGES, Explanatory circular, with references and quotation which may Balances, be checked for at sight. J. B. Dickinson. J. Alden Gaylord, MISCELLANEOUS SECURITIES, P. O. Box, New York. 1272. Refers by permission to MESSRS. NICHOLS, STONE & CO. COMMISSION. prompt attention. Thos Fyshk, W. L. Comings, Late one of the Agents of Member of N. Y. Stock the Bank of Brit. No. America. & Gold Exchanges. 25 of STREET, BROKERS STREET, N. Y. Loans John Dwight & Co., SUPER-CARBONATE Montague, BROAD 33 WALL STREET. STOCKS, GOLD & EXCHANGE BOUGHT & SOLD STREET, MANUFACTURERS OF boston. mailed to any address. Stocks and Gold Bought and Sold on Commission.' Comings, Dickinson & New York. 38 state street 6 COMPANY, STREET, NEW YORK, CITY BANK, Threadneedle Street. SALESROOM: 477 WALL Hazard & NEW YORK, All orders will receive MANUFACTURERS, Hartford and South PINE STREET, Fyshe REPRESENTED by 104 BARING BROTHERS Sc 52 27 Hong; Kong:, Shanghai, Foochow Sr Canton, China. SILK Financial. Ward, FOB AGENTS CORLIES, Street, YORK. & G. C. S. G NEW YORK. MERCHANTS Yokohama and NEW STREET, Platt K. Dickinson. Member N. Y. Stock & Gold Excbge. STOCKS AND GOLD! Operations are much safer and more satisfactory when made against “ Privileges,” the negotiation of which we make a specialty. One hundred dollars and commission will purchase a first-class “ Put” or “Call * for one hundred shares of Btock, which can be deliver¬ ed or called at any time in Thirty or Sixty (60) Days, according to terms of contract. *z Double Privileges" cost from $250 to $400 per one hundred shares, and are In every way satisfactory, as they cover a decline or an One hundred and twenty-five dollars and advance. commission will purchase a “Put” or a “Call”for $50,000 Gold any time in thirty days; $250 and commis¬ sion, sixty days. STOCK and GOLD PRIVILEGES are becoming more popular every day, as It Is not necessary to risk more than amount paid for Privileges. We have completed a “ Circular” fully explaining “ Privileges,” with prac¬ tical illustrations, whidi we will mall to any address. We refer by permission to Messrs. Van Schaick & Co., Messrs. Scott, Strong & Co., James Struthers, Esq., New York. All orders will have prompt attention, and further information furnished. LAPSLEY Howabd C. Dickinson, Member N. Y. Stock Exchange. Brokers, No. Sc BAZLEY, 74 Broadway.