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P0mae
MERCHANTS' M AGAZINB,
HL'NT'S
REPRESENTING
TIIE
INDUSTRIAL AND COMMERCIAL INTEUESTS OF THE UJNITED STATES^
'»
-
.
,
VOL.
-
SATURDAY, MAY
28.
CONTENTS.
17,
..
NO.
1879.
—
725.
might go on in the same way throogh the whcJe lint. \a
mighty increase of commerce, from 4,400,f)00 tons to over
11,600,000 tons in a single year of shipping, the United State*
has gone back, and it has all flowed into the coffers and into the
channels of other nations. What other intere.st ha-s gone back
in this country ? In manufactures we have greatly advanced.
In agriculture, why, we have gone ahead of all possible calculation.
In internal commerce we have gone frfim Itj.OOO to
80,000 miles of railway, and the Government of the United
I
this
THK CHRONICLE.
Mr. Blaine on
oar
KaTlgation
Laws
437
Facta About Liverpool aad Mauch-ster
I
Notices of Books
I
Latest MoDcttiry and Commercial
|
458
I
4Eg
|
its
Significance
491
News
Commercial
'
493
aod
Miscellaneous
News
Decline in Trausportiitlon Bates
and
£ii;:lleh
491
THE BANKBKS' GAZETTE.
Honey Market,
Quotations of Slocks and Bonds.. 499
Local Secnrities
50O
luvestments, and State, City and
Corporation Finances
501
F. 8. Securltlrs,
New York
Railway Stocks. Gold Market.
Foreif;n Excliangc, N. Y. City
Banks, etc
493
THE COM.MERCIAL TIMES.
Commercial Epitome
tW Dry Goods
Cotton
60 1
Brcadstofls
509
509
|
I
Imports, Receipts
Prices
nt
Cum
MO
and Exports
511
difouicle.
*^}xc
Cojimkkciai, and Financial Citronicle t« issued (m Saturday morning, with the latest news up to midniyht of Fnday.
For One Year, (including postage)
For Six Months
do
Annual subscription in London (including postage)
Sixmos.
ao
do
do
IN
ADV-ANCEi
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68.
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will be continued until ordered stopped by a written order, or
at the pufttication office, Tlie Publishers cannot be responsible for Remittances
unless made by Drafts or P.st-Ofllce Money Orders.
...
1
Snbscnplions
London
The London
Street,
office of the
where subscriptions
States, besides giving '$60,000,000, has given 280,000,000 of acre*
to the iiitenial commerce of this country, and she has protected
by a tariff every article that American labor or American capital would invest in and manufacture.
And for the foreign commerce of this country what has she done ? Left it to the alien
and the stranger; and in the last ten j'ears the value of i)roduct3
carried between this market and foreign countries lia.s exceeded
eleven thou.«and millions of dollars, on which .somebody made
one hundred and ten ndiUons of dollars per annum. France,
—
The
TERMS OF SUBSCRIPTION-PAYABLE
—
Office.
Chbonicli: is at No. 5 Austin Priare. Old Broad
will be taken at the prices above named.
Adrertlsements.
Transient advertisements are published at 25 cents per line for each insertion,
but when definite orders are given for five, or more, insertions, a liberal discount is made. Special Notices in Banking and Financial column 60 cents per
line, each insertion.
wnxiAx B. OAva, i
WILLIAM B. DANA & CO., Publishers,
JOHN S. FLOYD, JR. (
79 & 81 Wuiiam street,
YORK.
Post Office Box 4592.
NEW
Germany, England everj'body made it except the United
States. One hundred and ten millions of dollars in gold coin,
have gone out of this country into the coffers of other countries.
Can New York stand that? Your abounding resource*
and your enormous advances in other departments of business
can carry you over this, but if the policy of allowing the carrying trade of this country to remain in foreign hands, aggregating $110,000,000 per annum, is to be followed, the Cjuestion
of specie payments becomes a much more complicated one than
it is to-day.
The only thing to do is to turn that enormonswealth into the coffers of the United States.
This is a forcible statement of the facts. If MrBlaine was not clever enough to see the very plain
and
logical
conclusion
friends near
him seem
some of
they suggested,
to
his
have been; for he proceeded
as follows.
" Yes, but," say some of my friends near me, " tear down
your navigation laws and give us free ships." As long as I am
talking on this .subject I am going
talk loud. [Laughter.}
— I am opposed to that because it doesto not
build up Araericaa
commerce. I do not believe in false trade marks they are
against public and private morality. I do not believe in takingan English ship and calling it an American ship, for it is not.
MR. BLAINE
OUR NAVIGATION LAWS. I believe that in this continent every single article that goes
into the construction of a ship can be had a.s well as in any spot
The Chamber of Commerce partook of its annual in the world. You take a $500,000 ship, representing about
dinner this week, at which several interesting speeches 3,500 tons §5,000 represents the cost of the original material,
and $495,000 will be for the labor put on by American hands.
were made. Among them all, however, the most strik- am opposed to paying that out of this country I am in favor ofI
ing was that of Mr. Blaine on the decadence in shipping keeping it here. You will get a commerce that enriches us ons
the land by its achievements on the sea. Just so long as this
tonnage of the United States. As he stated the facts country fails to become a great and triumphant
commercial
nation
it is defeating the hands of Providence.
with his usual clearness we cannot do better than simply
We have 17,000
miles of coast, fronting the sea, looking to Asia and Europe and
quote bis words.
Africa. We have a larger sea frontage than all of Europe^
I suppose figures are in order before a Chamber of Commerce.
beginning at Arctic Asia and running to the pillars of Herc-nfes,.
Tou are in the habit of keeping books, calcalating percentages, and at the Black Sea to Trebizond. We stand in our relationiM
&e., and I will quote some figures with reference to American to the world to-day as a cential point. Ealph Waldo Eraersoa
commerce. Why, twenty years ago Dr. Bellows can remem- once said that England had the best business stand on the
ber that far back— twenty years aeo, of the tonnage engaged globe. That was so under the old dispensation. But to-day
in the foreign trade of the United States three-fourths were the business stands of the globe have shifted, a»d the United
American tonnage. Of the tonjiage engaged in the United States is prepared to take ^he .stand, and your imperial city,
State-s to-day— in the foreign trade of the United States— not with its matchless position, is destined to be, under the guide of
one-fourth is American. In 1856-57, Great Britain, the leading its merchants, what London ha.s dreamed of but never yet realcommercial nation of the wfirid, had in the trade between the ized. [Lon^ continued applause, followed by three cheers for
United States and the United Kingdom but 950,000 tons of ship- Senator Blaine.]
ping-she had 5,200,000 last year; Germany but 106,000 tons
then—last year she had 950,000, as great as Great Britain
find it difficuU to believe that Mr. Blaine is entirely
twenty years ago. Norwajr and Sweden twenty years ago had
but 20,000 tons of shippmg in thLs trade— la-st year they had honest in the statement of his reason for opposing free
850,000 tons. Even Austria, accessible only by going around ships.
lie has told us in the previous part of his speech
Italy and np the Adriatic, had no commerce with this country
twenty yeans ago iu vessels of her own— this last year she had that the country is losing 110 millions of dollars annu220,000 tons.
ally because onr foreign trade is all carried on in foreigD
^^' A
furnished at 50 cents; postage ou the same is 18
cents. Volumes bound for subscribers at $1 20.
^^~ For a complete set of the Commercial avd Financial Chronicle
JiUy, 18i«. to date—or of UusT's Merchants' Maoazins, 1839 to 1871, inquire
•t the office.
neat file-cover
is
;
ON
;
;
—
We
THE CHRONICLE.
488
bottoms.
"We
will not stop to inquire into the basis for
but accept
this statement,
if
it
as a fact.
Americans had bought foreign
Certainly, then,
ships,
and the
[Vol. XXVIII.
Evidently he has something to add to these after-dinner
remai ks.
car-
rying trade had been transferred to those ships, Americans would have received the freights and insurance
premiums, and consequently the country would have
saved the 110 millions annually. The change in the
navigation laws could have been made more than ten
years ago had it not been for the opposition of the
FACTS ABOUT LIVERPOOL AND
MANCHESTER.
The following letter and enclosure has reached us this
week and as it covers a subject of general interest we
give place to
it.
Norfolk, Va.,
May
lo, 1879.
Senator from Maine, and the country have saved the The Commercial and Financul
Chronicle, New York.
Dear Sir :— We receive the enclosed with regard to the
110 millions each year. With this annual saving we
" price of cotton" from one of our most valued correspondents
could have bought in each twelve months 220 of hia 500 in Liverpool and should
be glad if you wiU insert it in your
thousand dollar ships, representing an increase of 770,- paper and give your views as to the soundness of its logic and
such
comments
as you may think best.
000 tons, or about 2,300,000 tons in three years. That
Very respectfully,
ia to say, these navigation laws have cost us in three
ScBaCRIBBES.
years enough to have bought all the ships the United To the Editor of the Manchester Guardian.
Siu :— It may be In the recoUeotion of some of your readers that eleven
States needed for carrying on its foreign commerce; years ago, viz.. early in March, 1868, I directed attention
to the relar
lively strong position and abnonually low price of cotton, and ventured
and, further, had they been repealed, we might, after to predict that iinles.'i spinners forthwith resorted to short time middling
for example, which was then worth, it my memory serves me,
those three years, have been making an annual net saving Orleans,
about 7d. per lb., would command Is. before or by the 1st of May.
My
hint
wiis taken by a few, but It was not lie.e<led by the many,
for the nation of 110 million dollars.
who,
the coutrarj-,
on
It
must be remembered,
country
whom Mr.
We
we
paid a gratuity to foreign nations of
all this
unbuilt ships.
build them, but
connection, that
Blaine feels so deeply was
and got no benefit for these
did not buy them, and we did not
the poor laborer for
in the
also, in this
time,
nisbed into
market and bought largely in
it was unduly forced
sooner, viz., on the Ist of April,
appropriately designated All Fools' Day. I then showed that if the
same suicidal tactics were mu-sued there was nothing to stop it going to
15d. It actually did touch 1313d., and a further jidv.ance was only
arrested by recourse, at the eleventh hour, to the policy which I had
advocated at tlie outset, and but for a disregard of whieh I feel pursuaded
we should have witnessed instead a partial rise culminating in perhaps
tlie
excess of their requirements, the result being that
up
to
and
oflicially (jiiot^d at Is. a
month
lOd. at the outside.
Now an almost exactly similar state of things exists at the present
110 millions a year for the privilege of not being per- moment, the deticienoy in the total visible supply being not less than
430,000 bales in American about 364,000)— an alanning flgurc on the
mitted to buy them. Briefly stated, then, the actual wrong side, and yet middling Orleans is selling at or under Cad. 'What,
then, IS to prevent it reaching 8d. before or by the 30th of Juno oven in
position of the poor laborer in this transaction was spite of a continuance of bad trade t Nothmg that I am aware of but
(
adoption of short time, or an inflexible resolve on the part of spinabout as follows We did not build the ships, so the the
ncra not to be hoodwinked by the brokers here into pm'chasing at one
time any more than is b.arely sutfleient for a week's consumption, as
imaginary benefit to him did not accrue ; had we bought opposed to the insane custom of laying in all at once enougli to cover
yarn coutracts
whilst, on the other hand, with a revival of trade
them, there would have been a national saving of 110 their
and a return of moderate prosperitj' (of which I think there are
millions, in which these poor laborers would have par- already glimmering signs), and anything short of a crop of 5H milliom),
I see no rea.son why values should not gradu.Tlly improve until lOd.
ticipated ; but as we did not buy them, we paid out 110 shall be cuft-cnt for tlie aforesaid quality in tlie autumn.
I conclude this letter, as I did that of March, 1868, with the Pauline
millions, which had to be made good by taxation, the injunction:— I speak as unto wise men; Judge ye what I say."
1 am, &c.,
Liverpool, April 28, 1879.
W. L. Brown.
greater portion of which as all taxation ultimately
:
;
'•
—
—
does had to come out of the poor laborer.
Then, again, the Senator's argument is wholly based
npon the mistaken supposition that this labor was idle
all these years, was not producing, for he says he is
opposed to having the 495 thousand dollars, the cost
of the labor entering into the construction of the ship,
go out of the country. Of course, however, the lahjT
was producing something, and that something would of
The foregoing communication of Mr. Brown appears
weak and strong points in cotton at
present.
The reason for the rise, as he gives it, is that
" spinners are hoodwinked by brokers into purchasing
" at one time more than is suflicient for a week's
to us to touch the
" consumption", under the alarm which the deficiency
in visible
supply causes.
We should
not have expressed
see no reason why
blame for a condition of things which has
over to shipbuilding. The same man cannot raise a bushel been foreseen for months. This scare was inevitable with
of wheat at the very time he is shaping a steamer's human nature unchanged. The visible supply, already
hull.
Hence this " opposition to paying out of this reduced to very low figures, was decreasing weekly, and
country" the money the ships would have cost involves the period of small receipts approaching, while English
the willingness to pay out of the country the same spinners did not hold two weeks' consumption. Such
amount of money for producing the other thing from facts necessarily produce great sensitiveness, and it only
which the labor would have to be withdrawn. This required a little increased buying at Liverpool and a few
looks very like six of one and a half dozen of the storms here to set prices in motion, with nothing to stop
other.
them until spinners should decrease consumption or
Furthermore, the labor really would have indirectly accumulate enough stock to make them feel safe in any
constructed the ships even had the country bought them probable contingency. This is history now.
at Liverpool for we should have paid for them with someThe future of the market, no man can forecast. All
thing which that same labor produced. For instance, that is possible is a statement of the facts as they exist
we have during the ten years been raising wheat to-day. And, first, we must admit, the turning point
and cotton and beef, and making cotton goods, and to- will not come until the English spinner realizes that he
day are sending all these and many other articles to is in no danger, and abstains from buying, except in a
Liverpool, because we can furnish them at lower prices small way. When can this be ? We, of course, do not
than any other nation.
If we were to buy ships attempt to show when it will be.
Our simple purpose is
there, it would be because it is cheaper, that is more to inquire whether the conditions are such that it is posprofitable, for us to raise these things and thus pay for sible on any day now.
Every cautious man should
our ships than to build the ships ourselves. In either make the inquiry, for the turning point must come at
case, however, the ships are equally the product of our some time.
necessity have been left unproduced
it
precisely in the
had the labor gone brokers are
way he
does, for
we
to
;
own
But we cannot follow further our Senator's
First, then, take the condition as to stocks of spinners.
and admissions. The country will be pleased This point is of vital importance, for now that spinners
to hear from Mr. Blaine more fully on this subject. have become so excited they will not stop buying
labor.
fltatements
.
<
Mat
17, 187».]l
til
they
n
the
Britain
good
a
April,
of
1st
gave
the
against
bale*,
124,000
Mr.
surplu*.
in
total
thousand bales, with a weekly consumption of 47
thousand bales. These figures show that spinners have
improved or strengthened their position materially
It is possince they began buying, the first of March.
buy
it prudent, to
thousand
fifteen
months
weekly during the next two
bales less than consumption instead of fifteen thousand
bales more than consumption, as they have been doing
some of the past weeks.
Next, we must not allow ourselves at a time like this
to be solely ii.fluenced by a weekly decrease in the visible
supply, for the invisible supply is even of more
importance, and the two should be combined before
we can know the course of the actual supply. For
instance, on the first of April the decrease, compared
with last year, in vi-ible supply was about 400 thousand
Here is a loss
bales, now it is about 480 thousand bales.
But during that time spinners'
of 80 thousand bales.
stocks have increased in just about the same amount, as
if
Man3b4.
Great
Ooo<l
on WutT Twl«t— 2a»
BecondH
bales
91,000
Since then they have added
first of March.
about 50 thousand bales more, making their stock say,
the middle of May, about 175 thousand bales, with a
weekly consumption of about 55 thousand bales. Continental spinners held on the first of April, according to
same authority, 275 thousand bales, against 230 thousand
bales March first, and probably hold now over 300
therefore,
489
Ellison,
the
sible,
,
THE CHRONKLE.
have
at
..
they thought
.
...
elKbt
In
wMka.
d.
d.
VI. per pound.
8>4
8i«
H<<cond«
30h Good
Cottaii — Middling Uplnndu
Middling Orlnun*
Kair DiKilU'.ra
Fair Ouiiirawultee
Adranoe
April 22.
I P."
7j«d.
O's
.
be observed that in the common makes of shirtis only 2id. to 4d. per piece, or 3-16d.
to §d. per lb., the rise of jd. to Id. being in the bert
makes only. In T cloths two descriptions show no
change, while the only one which figures for an advance
It will
ings the advance
gains only l^d. per piece, or barely
per
d.
The
lb.
ad-
yarn ranges from ^i. to |d. This unfavorable
showing in the relative changes in the prices of cotton
and goods, is made more emphatic by a comparison
with the quotations of a year ago.
vance
in
April 23,
1878.
Grey Stililings- G
(i
7
7
H 14
H'4
Grey
Cuunuon
lb.
lb.
Cuinmou
1.
d.
s.
d.
4
413
4
5 9
4 10«3
5
4
6
4
7>a
6
5
6
IM-
4>3
2«sd.
l«»d.
l>3d.
6
712
5
7
7
7^
Medium
3
3
9
Metlium
4
9
Best
T
Cloths— 5
6
1b.
lb.
7
Common
lb.
lb. IJCHt
lb.
lb. BfiHt
,
Medium.
lb.
.
4>3
Mule Twist— 20« Good Seconds
8
30s (jood SccoiidB
408 (iiio<l Seconds
50« (iood Seconds
Wiitcr Twist— 20« Good Seconds
30s Go<m1 Secouds
Cotton— Middling Ui)lands
Middling Orleans
Fair Uhollei-a
Fair Oonirawuttee
«
f-
4 Hid.
6d.
"
"
d.
S\
IH4
10%
8U
5">ie
631,
4'3i6
4%
perponnd.
>9d.
7>a
8V,
9J4
9
.
per plee«.
>3d.
3d.
3d.
7- 6
3 3
3 44
4 3
d.
.
Dec'llno since
liwt year.
April 22,
1879.
%d.
>ad.
13d.
"
8^
No (bunge.
8»9
6>4
ifid.
jier p<Hind.
>>i«d.|>lb.adT'oe
6»„
>e<l.
4'8
5J«
>i«d.
was known that the position of spinners and manumonths ago was even then very unsatisThe long list of failures which took place last
factory.
year leaves no room for doubt on that point. But if the
position of producers was bad then, it must be worse
now, as yarns have declined ^d. to fd. per lb. and
goods Ijd. to 3d. per piece, or 3-1 6d. to ^d. per
lb., with an exceptional drop of 5-16d. to 13-16d. inT
cloths, while cotton has advanced ^d. to 5-16d. for
Americans and l-16d. to fd. for Surats. The tendency
of such conditions as these would certainly seen to be to
make spinners consume less and buy as sparingly as
It
follows.
Stocks-
SplniicrK'
April
Total
May
1.
15.
124,000
275,000
175,000
300,000
399,000
475,000
Consequently the position of supply, visible and invisible taken together, compared with last year, has grown
DO worse during the last six weeks. Furthermore, spinners last year, according to Ellison, held on the 1st of
May sixty-four thousand bales in Great Britain and 174
thousand on the Continent, so that the whole supply,
visible and invisible, compared with last year is only
about 240 thousand bales short, instead of 480 thouThen, again, we should remember that.
sand bales.
Other things being equal, stock in the hands of spinners is a fact of more weight against the market than
stock at ports, for
it
enables spinners to hold off from
buying for a time, as we have already stated.
Another fact to be considered is the profitableness of
manufacture. Of course, if English spinners are making money they would be more eager to accumulate
stock than if they were losing money, for nothing so
soon takes the excitement out of a buyer as losing money
on his venture. To understand the real position on this
poiiH we avail ourselves of facts and figures contained
an article in a late number of the Liverpool Post,
written, we presume, by Mr. Ellison. During the eight
weeks ending April 22, cotton had advanced nearly
facturers twelve
possible.
Do
not the above facts show the wisdom of our advice
of last
week
to planters to sell to Liverpool buyers at the
ruling prices for fall delivery
all
they (the planters) are
sure of having ready for delivery at that time of their
next crop
At
?
those rates they can
now
realize
over
That is a
12c. at Savannah for cotton next October.
possible
far
as
be
should
so
paying
price
and
good
Further than that we give no advice. Specusecured.
lation
we
in
some
Of course the upward
in.
Our crop is quite backward
and when the market is so excited and
never believed
movement may
States,
continue.
little to keep up or
Yet the question for each
man in view of these facts is what are the chances ? How
much further is it safe to tempt good fortune?
visible
supply so small
it
takes but
in
to increase the excitement.
Id. per lb. in Liverpool.
The changes in yarns and
goods during those weeks were as follows.
DECLINE IN TRANSPORTATION RATES AND
March
Common
.
smb. Common
SU lb. Best
Grey T Clotlin— 5
».
d.
4
4
«
4d.
6d.
5
8
4
6
5
IJ3
Medium.
d.
7
3
3
71b.Mediimi
4
1b.
lb.
.
Mule Twist— 20« Good Seconds.
30« Goo«l Seconds
408 Good Seconds
508 Good SecoiidB
Advance
ciftbt
5
4
Medium
6
April 22.
4
>.
Orey Shirtings— 6 lb.
eib.Best
7 lb. Common
71b.Be8t
4.
1^
'
Tn
2 lad.
6
5
4»a
6d.
3d.
6d,
3
3
3
4
44
No
No
3
1 >2d.
7
3
4I2
per piece.
6
change.
change.
per piece
d.
d.
7>2
7H
SU
No
8'4
8«4
Hd.
IOI2
10^
8
ITS SIGNIFICANCE.
iu
weeks.
Not only
as being an interesting subject in itself, of
many
but as bearing
disposition to
drive at corporations, an examination of the course of
average railroad charges during the last few years is
Such a comparison, in case of many roads,
timely.
would neither be procurable nor useful but we give
below the figures for some of the important ones, the
practical consequence in
relations,
upon the current and almost universal
;
change.
per pound.
>4d.
quantities being cents and decimals.
—
THE (CHRONICLE.
490
Mich.
^N.Y.C.&HCD.-^ Cent.
—
,
then
PEXNA., Main- Line and Beaxches.
Acchargei^mileV Av.ch'rge An. ^Fass'gtr'f mile of Av.V Fr'ght(,ion)VmUe of
for Pr't
Passen- Freight
ger.
i.to:t).
1870 2-097 1-855
1871
1872
1873
1874
1875
1876
1877
1878
2-156
2-087
2-064
2-137
2-147
1-912
2-075
2-050
1-649
1-592
1-572
1-462
1-274
1-051
1-014
0-910
(ton)
V
mile.
1-99
1-61
1-56
1-56
1-30
1-10
1-03
0-98
0-85
""
Earn-
Ex-
ings.
penses.
Ix-
EarnFrqflt.
2-53
1-94
0-59
2-45
1-84
0-61
2-48
2-01
0-47
2-43
1-60
0-83
2-351 1-669 0-682
1-862 1-029 0-833
2-363 1-751 0-612
2-357 1-793 0-564
LAKE SHOKE & Michigan
ings. penses.
Profit-
lYeight (tons)
Moved one mile.
0-87
0'886
0-518
0-530
0-857 0-558
0-719 0-536
0-616 0-442
0-582 0-310
0-552 0-428
0-4S3 4-035
Sot:tiikbn.
Earnings,
Moved.
1874.
1875.
1876.
1877.
1878.
5,221 267
5,022,490
5,635,167
5,513,398
6,098,445
Passengers
Carried.
1874.
1875.
1876.
1877.
1878.
3,096,263
3,170,234
3,119,923
2,742.295
2,746,032
999,342,081 $11,918,350
943,236,161
9,639,038
1,133,834,828
[9-405,629
1,480,005,561
9,476.608
1,340,467,821
10,048,952
Passengers
Carried one mile.
173,224,572
164,9.50,861
175,510,501
138,116,618
133,702,021
per ton
per mile.
1-180
1010
space to point out
all
its
bearings,
been effected.
came
how
redactions have
the
After 1873, as a thing of course, there
heavy decline in traffic and gross receipts, in the
most roads, which was in many instances prevented from becoming a decline in net receipts by a
greater decline in operating expenses. Reduction in
expenses has been perhaps the most marked feature in
a
case of
great roads.
since
1S73, at
It is difficult to
in case of
least
the
make general statements
Cost,
Profit.
-767
-737
-561
-573
-474
-413
-273
-256
-291
-260
about the cost of moving freight, and the figures of
even the roads above named do not all present these
particulars ; bnt it appears from those we are able to
Profit '
of profit per ton per mile, the cost of hauling also de-
-817
-864
-734
Earnings per
Passenger Cost,
Earnings,
per mile.
ttc.
2-452
1-595
$4,249,022
3,922,798
2378 1-735
2-090
3,664,148
1-438
2-319
3,203,200
1-539
3,057,393
2287 1-166
—
now
indifferent to that opinion.
railroad operations
give that while there
ttc.
-857
-643
-652
-780
1121
These figures show a scarcely unbroken decline in the
average rate of charges, particularly on freight, and
the same thing is true in general of all the roads. In
fact, going back to If- 65, -we find the Michigan Central
charge per mile for freight was 3*06 cents, and the other
roads were about the same. This very decided decline
which has become familiar to persons conversant with
the subject, but is hardly recognized yet by the general
public is of great significance, although we have
not
it follows that the managers are not quite supreme;
the reductions are represented to be a sop to public
opinion, then the managers are neither superior to nor
if
It is interesting to inquire
1-388
1-416
1-415
1-255
1-058
0-892
0-980
0-918
Eirnitigs
,
[Vol. XXVIII.
Reduction
clines.
ting
is
a reduction in the average rate
in cost is attained in
down employes' pay being only
important fact
is
many ways,
one.
cut-
But another
that increase of business permits de-
crease of rates, and
this
lower cost
is
only limited by
the capacity of the engine to haul the freight
;
thus in-
crease in traffic becomes one important factor in reducof cost.
Comparing 1874 with 1878, in case of
Lake Shore, the tons hauled one mile increased twentyfive per cent, and the cost per mile of hauling it detion
creased thirty-nine per cent, this decrease operating to
lessen, although not able to prevent, the decrease in the
rate of profit, the rate of charge having declined thirty-
seven per cent. The passenger business of this road
yet we shows a comparison still more remarkable. The number
must not omit mentioning one in particular, namely, of passengers carried one mile declined twenty-two per
that the largest and most unbroken reductions have cent,. and the revenue therefrom twenty-eight per cent ;
occurred on the great roads, which are the subject of the the rate of charge declined six and three quarter per
principal apprehension and denunciation on the score of
cent, but the cost declined twenty-seven per cent, and
monopoly.
The doctrine is generally accepted that the rate of profit increased thirty-one per cent. Thug,
where combination is possible competition is impossible. although the number of passengers carried and the rate
Be this as it may, the fact is that the leading roads, charged have decreased materially, the reductions ia
which have been trying combination plans in variety, cost enabled the road to obtain from the work a greater
alternating with "wars," have been reducing their rates rate of profit (although a smaller revenue) than in 1874.
during a series of years. New York Central, as the
The reduction in the rate of working expenses, howfigures above given show, now charges an average ever, is perhaps found not more in the increase of traffic
of about 9 mills per ton of freight per mile, whieh is than in improvements in the almost innumerable details
less than one-half the rate of 1870, and not much more which make up railroad operating.
Road beds are imthan one-quarter of that in 1865. Michigan Central has proved curves are straightened and grades are made
reduced its average freight rates considerably more than more gentle steel rails, with their great economical
one-half since 1870. Lake Shore and Pennsylvania aver- advantages, displace iron ones
rolling-stock is better
age rates have been reduced more than one-third since constructed, of better-chosen materials and proportions,
1873. While the Granger laws of the West have been reducing the relative " dead weight" to be hauled
and
abandoned as unsuccessful and unwise, these reductions both the economical carrying capacity of trains and the
have been made without legislation, voluntarily in that economical hauling capacity of locomotives are increased.
they have been in obedience to the " higher laws " of Nor is improvement of this sort at its end we might
competition and business, which statutes can never re- perhaps more correctly say that it is in its beginning.
peal or materially aiter, and which, therefore, legislation Of course, the railroads have profited by the decline in
should learn not to meddle with at all. The monopolies, the price of every item of expenditure, including labor
80 called, whose managers hold conferences in Saratoga, and fuel. But coal, under the best known conditions, is
for the purpose of devouring and partitioning oat the used very wastefully in steam engines, and there is a
'business of the people, prove not to be greedy enough to broad field open for improvement in devising practical
•destroy the business which supports them.
On the methods of utilizing more of its heat energy. It is to
-contrary, under some sort of practical compulsion and be expected that the cost of train service, per ton of
in some way, they have gone on steadily lowering their load moved, will yet be further reduced also by the lesaverage transportation charges. Whether as bearing sening of waste through the innumerable little leaks
upon the expediency of attempting to tie them down to that affect a railroad treasury. We are only beginmaximum rates by statute, or upon the consequences to ning to learn how to use the railroad. Necessity
be expected from letting them have their own way a has been teaching managers, just as it has the farmers
while longer, this fact should be written down for a and manufacturers, how to find ways of getting more
prominent place in all discussions of the subject.
In the struggle for existence
If it out of materials in hand.
ia urged that the reduction is a concession to necessity, they have had to do this, and they have done it.
ThL
;
;
;
;
—
—
May
THE
17, 1870.]
40r
CHIIONICLE.
one of the ways in which troublo works out good further fall in silvi-r of one ptmny per rup<-H this loss will b*As the pricw of nilver with
increaKcd £700,(KXJ yearly.
results for offset, nnd reviving business now finds the
occasional upward fluctuations, must always be downward, one
railroads better prepared to perform a large amount of
can easily see not only the pr»'s»rnt cost of mono-metalliam to
This is or.couraging the tax-payers of India, but how greatly and rapidly the cost
service than before, at lower rates.
a« far as it goes and, furthermore, does it not indicate may be increased if this evil is not speedily arre«t«d. It
that the railroad problem, after all, is quietly and carmot go on without, in the end, leading to greatly increaaed
18
;
taxation and
naturally working itself out?
its
consequent
evils.
—
The
Illottcea of gooTis.
Silver Qdestion. — Hy Kdward I.anpley. — Road March 19,
1879, before the Manchestt-r .Statistical Society.
We are in receipt of a pamphlet copy of this paper. It
appears to be a review of the silver question considered
from the standpoint of an intelligent Manchester manufacturer. Jlr. Langley tells us that, for nearly seventy years,
the defects of England's single gold standard have been
concealed through the unlimited coinage act of France and the
Latin Union. That act made France a kind of International
Economic Mojkhiiupms. "National Banking," "If"n»wt Money
and Lat)or," "Hindrances to Pnwperity," ".'•ufl'raire in
Pamphletil.
Cities," " Free Trade promoting Pence, &c."
New York G. P. Putnam's Sons. 1878-i>.
:
Mr. M. L. Scudder, Jr., of Chicago, has written an essay on tho
merits of the National Banking System, which appt^ars as No. 13
Monograph series, and Is noticeable at sight
by being published for the "Honest Money L«^ague of the
Northwest." Beginning with showing that Mr. Lincoln earnestly favored that system, among other rea.sons, for being an
escape from increase of government paper, he argues that it
of the Economic
has in every respect fulfilled the expectations of
its
founders.
—
Exchange or Clearing-HoOse for England's trade with silver He shows conclusively what has been so often and convinccountries. Germany, by demonetizing silver, disturbed this ingly shown already, that nolxjdy making pretense of intelliquiet, unobserved movement, compelling France suddenly gence can be ignorant of it, except wilfully that national
in 1870 to put an end to free coinage. Up to that time banks are in no sense a monopoly, unless it is monopoly for one
England was unconscious that her monetary system had its man to own more capital than another that the losses to debalance-wheel in the Latin Union. Now her merchants find, positors and general creditors by failed banks have been comwithout quite appreciating the cause, that trade as they will paratively trivial ; that stockholders have not, on the whole
with India, China, Mexico and the west coast of South America, reaped extraordinary profits ; that circulation is not a valuable
tiiey cannot trade at a profit, but are becoming poorer year by privilege
that, the bank notes have been simply perfect
—
;
;
year.
It must be remembered, in this connection, that England
holds a peculiar position in the world. She is dependent for
her supplies of food, to one-third at least, upon foreign countries
and earns the money to pay for them by profit on her manufactures.
an instrument of circulation in pfiint of safety, uniformity of value, and convenience; and that there is no great
advantage obtained by the banks themselves from the system,
but that the public at large are mainly interested in its
Of course, the banks never pretended to be
continuance.
philanthropic institutions. They have in times past made something out of the system, undoubtedly; but the Government
has made more; and the people, over and above the Government advantage, have made the most. A .system which has
thus wofked to the profit of all parties has certainly established claims to consideration that only a very unquestionable
argument can outweigh. Much more to the point of resisting
the anti-bank sentiment, however, is the argument that in
place of the old cost of exchange which in Chicago, sometimes reached as high as 25 per cent premium on New York
drafts and varied ordinarily from ^ to 1^—the cost of express
transportation of currency to the creditor point is now themaximum cost because of the simple fact that the currency circulating in any place is always at par value in every othff
place. The discount on the best bank-notes of the West antf
South, says Mr. Scudder, was formerly % to l^i, up to 5 for
those of smaller local banks, and he argues that the saving of
exchange and discount mjoyed principally by the West and
South Is greater than the interest on the deposited bonds of the
banks, and greater than all bank dividends. The practical usefulness of Mr. Scudder's es.'-ay is the more evident because it is
intended for circulation in the sections where the anti-bank
feeling is strongest, and because it shoWs that those very secas
When
manufactures cease to be profitable her course
necessarily must be downward.
Hence
it is
absolately essential
that the monetary system of Great Britain should be suited to her
customers, so that there will be the least possible friction or loss
in her trade arrangements. Profits now-a-days are very small,
eTen when every step in the proceas of making the exchanges is
perfectly adjusted. Yet, just now, England finds a barrier
suddenly erected between her and her customers; their money is
not her money, and there is no way of adjusting accounts except
indirectly, and that through a fluctuating bullion market, which,
as experience has taught us, may be one thing to-day and quite
another to-morrow. Consequently, all her trade with silver
countries is demoralized and unprofitable, and England, instead
of accumulating wealth by means of her manufactures, is
trading at a loss. She is a wealtliy country and can bear this
drain for a time, but the end cannot be doubtful if the obvious
remed/ is not applied.
But again, there is another evil of the present sj-stem, and
that is one we have of ten referred to— the fight for gold which
must sooner or later come between the countries of Europe.
The gold famine of last summer should have been sufficient to
—
have enlightened English statesmen. Gold production is decreasing, and probably will not exceed $100,000,000 this year. The
United States will retain its supply. France has been able to
provide for Great Britain's emergencies heretofore, furnishing
England all the gold required on the occurrence of any panic or
symptoms of one; but it seems as if that resource "were likely to
fail for the future, judging from the late returns of the Bank of
France, its stock of gold having fallen from (a-s we showed in the
CiiROSiCLE of April 5, page 338) 30G million dollars Dee. 31, 1876, to
166 million dollars Dec. 31, 1878.
These figures, in 3Ir.
Langley's opinion, seem to point to a period, not far distant,
when that Bank may think it its duty not to permit any
further reduction in stock. Such a condition, however, needs
no comment; it shows a point of great weakness; or we should
rather say that it brings to the surface a peculiar and
dangerous defect of the single gold standard, and wise men
would provide against it.
Once more, England has in India another strong argument
for bi-metalli.sm. We have urged this point frequently, but
Mr. Langley puts one branch of the case in a little diflferent
shape. The burden to a silver country of a gold debt payable
in London is increased iit the rate of 2 jjer cent for every fall of
one penny in the ounce of silver. India has such a debt requiring her to pay £17,000,000 annually in London. The lass the
pre.sent year on the cost of placing this amount in London will
be not less than £4,000,000, or say $30,000,000. For every
—
—
tions have,
on the contrary, the
largest interest
m
sustaining
the banks.
—
Somewhat akin to Mr. Scudder's es.say is that of Secretary
Schnra on " Honest Money and Labor," delivered in Boston
In giving
last October, and now reproduced as a pamphlet.
but little space to it we do not place it in disesteem, but it ianot easy to review at length a demonstration of truth as elementary and natural as would be an argument that industry
and common sense prove more profitable than idleness and folly.
Traversing well-beaten ground, Mr. Schurz argues conclusively
that repudiation falls heavily upon the poor; that uncertainty
about the future and fluctuations in prices are consequences inseparable from unredeemed paper, and that these consequences',
become, to the worker for wages, reduced pay and irregular
employment ; that wages never rise as quickly or as far as
prices of necessaries do, and that stagnation and distress always
some power to protect himself,
while the laborer has none ; that bad currency cheats the
laborer worst of all men ; that inflation could not help the
debtors; that its natural effect would be to make debts rather
than discharge them; and that new issues would not now havethe former effect upon prices and activity. Every one of these
follow; that the capitalist has
propositions has been urged in these columns repeatedly, and
we wish Mr. Schurz's plain, sensible talk on the subject conid
.
—
THE (^HRONICLK
492
be read aloud to the assembled workmen in every large establishment in the country, in order that they might really take in
the truth that paper money, unsustained by coin, is the worst
enemy of labor, albeit it claims to be a friend.
^Mr. Simon Sterne is author of Nos. 7 and 13 of the pamphlets before us " Hindrances to Prosperity in the United
States" and " Suffrage in Cities." In the first, whUe admitting
that this country has done remarkably great things in development, he argues, by comparing the condition of the country, at
the date of its national beginning, with that of the leading
countries of Europe, that, considering the advantages enjoyed
here of starting free from the hindrance of past troubles and
the need of maintaining standing armies, without the burden of
debts, and with an untouched soil of unequalled fertility, as well
as with vast mineral endowments, 1 his country has not done as well
as Europe has during the same period. The causes of retardation
Mr. Sterne considers to be mainly the character and developments of politics as an occupation the " division of employments
—
—
:
;
and
which create a special governing
and, on the other hand, make resistance by any individual
impossible except at the cost of non-success in his own special avospecializing of functions,"
class,
The
cation.
constitutional safeguard against private legislation
he argues, has been practically nullified by the
court decisions and bj- the practice of amending general laws
to fit private ca.ses. He then gives an interesting sketch of
the English method of dealing with private bills, which we
in this State,
summarize Two months before Parliament meets, each
bill must be filed in the "Private Bills Bureau" of the
Commons, notice being immediately given to all interested
briefly
;
private
parties,
who may proceed
to
file
objections or suggestions
;
be-
goes to committee, it must pass through the hands
of special examiners, who scrutinize all the steps already taken
by the Parliamentary Agent—who is a functionary standing to
the Parliamentary committees in the same relation as the attorney of the common-law court does to those tribunals publication of the nature of the subject having alreadj- been made in
the new.spapers. Any appearance of fraud, or any material
irregularity in the course of proceeding, throws out the bill at
fore the
bill
—
this stage, as to that session
committee
for
;
then,
if
otherwise, it is referred to a subobjections have been filed, to the calendar
;
at which the issues are heard as
though in a trial at
After some other steps, varying with the nature of the
subject, the bill reaches Parliament; the necessary expenses of
this examination must be provided, at the start, by the applitrial,
law.
and public bills are so given the right of preference that
they cannot be crowded out of place by any private ones. The
difference between this practice and that of the States here
Which have sought to regulate the evil of private bills, is that
the latter attempt to rule them out while Great Britain takes
them up in such a way that they can neither obstruct public
matters nor do wrong to opposing interests, public or private.
" Suffrage in Cities," No 7, is also by Mr. Sterne. In
it he argues that
suffrage is
a natural right, in the
sense that it is a shield to the user against aggression by
Government, but U at the same time also a sword by which
the ignorant may and do inflict on others worse hurts than
those from which it protects them. These two elements— protection to the holder, and the power to aggress upon others
Tary as the object in respect to which the suffrage is exercised
is a governmental, a quasi-governmental, or a private-property
Thus, as to general-government matters, all are coniftterest.
oerned and should have suffrage, the element of protection
being at its maximum and that of aggre.ssion at its minimum,
in the hands of each person. But as we come down to municipal administration, the shield becomes smaller and the sword
larger. Mr. Sterne proceeds to argue forcibly that the share
Of each person in the city's welfare is too small and remote to
carry weight with him against an immediate interest ; as, for
example, when a promise of fifty cents a day of excessive wages
on the public works is balanced against fifty cents a month more
tax, in the case of a voter who does not own property. He
builds an argument from this idea for the practical justice and
feasibility of the plan of Governor Tilden's Municipal Commission (of which he was a member) to confine city financial
administration to the property classes. In England, France,
cant,
—
Germany, the Netheriand.s, Spain, and
respect to municipal administration
is
Australia, suffrage in
not unlimited, and, with
regard to that, Mr. Sterne would reverse the old maxim of 1776,
to read, no representation without taxation.
Mr. C. L. Brace's es'<ay. No. 16, on " Free Trade as promoting Peace and Good Will among Men," we need only
say that
~^
it is
[Vol.
XXVIIL
not a practical discussion of the subject in an economical
it rather after the manner appropriate to
sense, but deals with
peace
societies.
The aim
is
to
show how the hatreds and wars
of early centuries, growing in part out of trade jealousies, have
disappeared under the gradual refuting of the barbarous noIs a fixed quantity in which no nation can obtain
a share except by contesting it with, and wresting it from, some
or all of the rest. Freedom and fulness of commercial intercourse runs the argument which, we opine, cannot be denied
anywhere as an independent proposition tends to better knowledge of one another by the nations, and to the maintenance of
tion that trade
—
—
peace.
Apart from the importance of their subjects, and the ability
and breadth of their treatment, the.se " Economic Monographs"
have the decided good quality of being so brief and convenient that if any writing more full than that of the press on economic raattera has a reasonable chance of finding many readers,
these must be read, and, being sound in doctrine, they must
be wholesome in influence.
The Astor Library, New York.—The Annual Report for
1878,
containing reports of Superintendent, &c.
This is the thirtieth annual report of the Trustees of the
Astor Library. It is gratifying to find that this public institution continues to flourish and to fulfil the purpose of its exist-
under the fostering care of the family whose name it
The report of the Superintendent, Mr. Bobbins Little,
is very satisfactory.
It is just a year since Mr. Little entered
upon his duties as Superintendent, and his ability, energy, and
kindlmess of manner have not been without decidedly good
re.sults.
In the buildings thenvselves, such changes have been
made as have added to the security and utility of the property;
the selections of books have been excellent, and many improvements in the use of the books have been carried out. One
ence,
bears.
result
is
seen in the fact that the circle of those
who
library has been very considerably extended, the
use the
number
of
readers last year having been 53,252, an increase of 1,000 over
the previous year. The number of readers and the number of
books read have both been, doubled since 1869. It appears that
the number of persons who seek permission to study in the
alcoves is increasing year by year, there having been during last
year no fewer than 7,894 of such students. During the year the
trustees have been made the recipients of some valuable
bequests; and some 2,342 volumes have been added to the
library.
The total number of volumes in the library is now
183,245, showing an increase of over 44,000 since 1869.
SuoAR A»D RiCB Crops of Louisiana op 1878-79.
the
New
Orleans Price Current: Louis
J.
—Compiled by
&
Bright
Co.,
publishers.
We are indebted to the New Orleans Pric^ Current tor a pamphlet copy of their statement of the sugar and rice crops of
Louisiana for 1878-79, 8 vo., pp. 196. The totals of the product
of the various parishes of the State have already been given, as
soon asasoertained,inthe columns of that joumal,but the pamphlet before us gives full details of the production, showing not only
the number of hogsheads, but the weight of the sugar, the
barrels of molas.ses and barrels of rice made, and contains much
additional information essential to a correct comprehension of
these great
home
Included in these details are the
interests.
names of the planters and of the plantations;
New
their distance
from
Orleans; the planter's Post Oflice address; the description
whether of wood, of brick and shingled, of
and 8lat*>d, or of any other material
the apparatus in
use, and the motive power employed, whether horse or steam
power, whether open kettles, vacuum pans, strike pans, vacuum
and centrifugals, steam trains, rillieux apparatus, etc., or combinations of the various appliances. These details convey a
more correct idea of the various modes of sugar-making than
any general statement, and indicate the large amount of capital
invested. Full details are also given of the plantations worked
on shares. With regard to production a statement is given of
of sugar hou.se,
brick
;
the acreage in cane on each plantation the yield of sugar per
acre, in pounds ; the area to be planted with the seed cane
saved, and other matters connected with the production, of
;
practical value to all persons interested in the culture,
and of
interest to the general reader.
The following
is
the recapitulation of sugar and rice crops
for the crop years 1878-9
and 1877-8.
-Sugivr.-
HlidH.
Totals, 18"8-79.... 208,o71ia
TotaU, 1377-78.... 125,100
Incre,i»c
83,471 "a
Molassc«.
Clean Rico,
Weight. 11)S.
231,098,860
149,469,209
bhia.
1)1>18.
322.04tia
162,1798
101,619,631
*l,202'ii
32,'),
247
140,785
21,394-8
—
.
Uav
:
:
.
THE CHRONICLE.
17, 1870.]
The Bogar Book, when of hardly more than half ILm bU« of
the present pamphlet, was publiMh.-d at !j5 per copy, which wat
no mow than a n-asonablc pric-c to compimHatn the compilen
and publi«h«rH for th«ir labor and capital, but th« Price Current,
in order to give their
statement a wider cirenlation for the
benefit of the sugar interest, reduced the price to 13 p^r copy,
RATE8 OF EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.
MAT
Ametcrdam
AiuHteixIiiiii
Antwerp
I
Paris
Purls
j
Lato«t
Date,
Time.
Rate.
Short.
3inoe.
12.0>sa>12.l>a
12.3 9V2:.i'9
May
"
2,'j.37'«a2,'5.42ia
May
May
Short.
2.'>.35
WJb.-tO
Hamburg
20.5.5
®20.,'-)9
Berlin
Frankfort
20.,'>S
20..'55
»20.59
820.59
BtPetcrsbTg
Vienna
22»i8®22ilig
11.90 «11.95
U mos.
....
rn<llz
47>4®473t
47a8a47««
(>«noa
27.87Ja®27-92i.j
Milan
Naplea
27.8714 <i>27-92 "2
HotlrUl
1
May
1
....
CiUcutta
....
Hong Kong
60 days
18. 71ied.
18. 7li«d.
May
May
1
20.42
20.42
20.42
Short.
2216,6
11700
4805
27.50
27.50
27.50
3 ino8.
60 days
4.87
97^4
10965
6ino«.
1
l8. 7fl,«d.
le. 7«,6d.
38. 8»ed. perdol
58.0 '4d. i)er tacl'
[FKim our own correspondent.]
London, Saturday,
f
The
feature in the
money market
this
May
3, ia79.
week baa been a
fall in
the French and Dutch exchanges which admits of the export of
gold to France and Holland at a profit. Some gold has already
been sent away, and the value of money here has, in conseqnence, somewhat improved. Gold coin, however, continues
to be received from provincial circulation, the decrease in the
supply held by the Bank being for the week only £75,158.
The
last
total stock is as
year
;
much
47-35
2p. e.
87-66
32-57
3
3
p. c.
p. 0.
tion
April 30
April 30
Sbant^hai
*"•
25.22>2
25.14
April 29
April 30
.
50-30
'^l!-
.
Sl^aSl'e
Conetau'ple..
.
Bate.
1
1
.
12.06
Api-U 30
May
a.
20,415,035 2S,552,37S
7,3.51,751
6,315,550
5,9033m
Other (lc|K«lt«
31,417,508 22.011,753 22,480,099 21,609,735
Uovernni't seciiritieH. 14,006,801 16,437,488 15,340.207 14,54.5,»«5
21,805,329 21,204.089 20,482,845 17,813,219
Other securities
Res've of uoUm & coiu 10,332,992
9,660,756 10,926,636 13,157,471
Coin and bnllloii In
both departmeiAa
33,695,647 22,827,220 25,004,021 20,377,361
Time.
1
1
.
Boinbay
1
1
1876.
1877.
M
Short.
_,
April 30 3mo8.
May
1878.
2S.4.'44,.12rt
96
04 \
94
Consols
OS^B
51s. Hd.
44a. lid.
55*. lOd.
Kng. wheat, av. price.
40s. 1 Id.
6>«d.
6%1.
e'sd.
Mid. Upliind (totton.
6 Hid.
ll«4d.
No. 40 mnle twist
iW.
OHid.
O'sd.
ClearinK-Hou8ereturul04,7r>4,000 101,306,000 110.461.000 110.517,000
siiort.
Che<j'8,
May
York...
Alexandria
1
27.87'2»27-92W •May
90 days
I.iitbon
New
May
May
May
the average qaotation for English wheat, the price of
Middling Upland cotton, of No. 40 muln twist, fair second qaalitjr
and the Bankers' Clearing House Return, compared with tli«
three previous years
sols,
PnnKirtlcin of reserve
to llabilltie*
liank rate
EXCHANGE ON LONDON.
2.
Annexed Ih a statement showing the prenent pooitlon of tbe
Bank uf England, th)^ Bank rate of cU*connt, the price of con-
CIronlatlon, incladlnfc
£
blink mmt bills
29,6.56,031
Public (IciMwltH
H,0.'H),24O
'^onttnt\istComm6vci^l%nQHsh'^ews
KXCHANGK AT LONDON-
493
1879.
with special rates for a larger number.
OS-
'
:
as £33,695,647, against £22,827,226
while the reserve of notes and coin amounts to £19,The proportion of reserve
332,992, against £9,660,756 in 1878.
to liabilities has not materially varied since last week,
being
50'39 per cent against 50-19 per cent. At this time last year
it was only 32*57 per cent.
It is not generally believed that the
improvement which has taken place, slight as it is, will be lasting, as trade is reported as very quiet throughout Europe, with
scarcely any tendency to improvement. There are, in fact,
complaints from most parts of this country and from the Continent as to the state of business, and the improvement which
has been hoped for so long still seems to be as distant as ever.
The greatest economy prevails, and this is assisted by the
coldness of the spring, which, naturally, induces prudent
people to continue the wear of their winter clothing. To the
business section of the community, however, the delay in the
arrival of genial weather is very unprofitable ; but, no doubt,
there will be some heavy demands upon them as soon as the
weather becomes warm. This week, snow has fallen abundantly
in parts of the south and southwest of England, and the
Malvern Hills, in the Midland counties, are reported to-day to
be partially covered with snow. Vegetation, however, though
backward, is healthy, and the agricultural prospect is regarded
as satisfactory.
When the French and Dutch exchanges relapsed on Wednesday, the London money market assumed a firmer appearance.
Some gold was taken out of the Bank, and it was thought
possible that the movement would continue. The " liquidation"
on the Paris Bourse having been completed, the exchange has
become more favorable to us, and no more gold has been withdrawn from the Bank. The money market is now decidedly
quiet, and the rates of discount are as follows
it
There is a strong demand for investments of a sound descripand amongst these Colonial government securities still
Colonial loans have of late been
hold a high position.
very numerous, but most of them have been quickly taken up,
and they are now" quoted at high prices. Yesterday tenders
were received on account of the Government of New South
Wales for £3,249,500 in 4^6 per cent debentures at the Bank of
New South Wales. The applications amounted to as much as
£7,860,900. All tenders at £98 8s. received about two-thirds of
the amount applied for, and.those above that price in full.
Rather more gold has been exported this week, but the
market has again assumed a quiet appearance. Tenders were
opened at the Bank of England on Wednesday for £250,000 in
India Council biUs, £213,700 being allotted to Calcutta and
£36,300 to Bombay.
Tenders on both Presidencies at Is.
7 3-16d. received about 14 per cent, and above in full. The
silver market has been steady during the week. The following
prices of bullion are
Bar
Bar
from the circular of Messrs. Pixley & Abell:
GOLD.
per oz. standard.
per ox. standard.
peroz.
peroz.
gctld, fine
Kolil. reflnable
Sp.iulRU doubloons
South American doubloons
United States gold coin
German gold
Bar
peroi.
peroz.
coin
Bilvcr, line
Bareilver, contain'gSgrs. gold
Mexican dollars
Chilian dollars
Quicksilver,
£6
28.
d.
8.
77
77
73
73
76
76
e.
d.
»>9»
11
•»
9 »
S's*
3\-»
»
......
......
SUa
SILVER.
d.
per oz. standard. SO^
per oz. standard. SOHi
peroz. 49
peroz., none here
Discount, 3 per cent.
6d.
The Council of Foreign Bondholders announce that
»
a
»
»
d.
....
....
....
....
in conse-
being necessary to communicate with the Govemtjp
of Virginia, in reference to the mode of carrying into operation the Funding Act recently passed by the General Assembly
of Virginia, a delay has unavoidably arisen in calling a meeting
of Virginia bondholders in London to consider the terms of the
quence of
Act.
its
It will,
however, take place at the earliest possible date.
John Lubbock has issued the subjoined statistics, showing
the working of the Bankers' Clearing House for the year ended
on the 30th April, 1879, which is the twelfth during which these
statistics have been collected.
The total amounts for the twelve
Sir
years have been:
Total for the
}"ear.
£
1867-68... 3,257,411,000
1868-69... 3..'534,03»,000
1869-70. .3.720,623,000
1870-71 .4,018,464,000
1871-72. .5,3.-19,722,000
1872-73. .6,003,335,000
1873-74. .5,993,586,000
1874-75. .6,013.299,000
1H75-76. .5,407.243,000
the month.
account days.
£
£
147,113,000
161,861.000
444,443,000
168,5-23,000
5.50.622,000
.
272,841,000
594.763,000
635,946,000
942.446,000
1,032,474,000
970,945,000
.
•255,950,000
l,07(i,.'i85,0OO
240,807,000
231,630,000
224,190,000
212,241,000
595,000
718,793,000
745,665,000
811,072,000
.
.
.
.
1 876-77
On Fourths of On Stock Exch'ge
4,873,000,000
1877-78 . 5,066,533,000
1878-79. .4,885,091,000
.
. .
.
.
.
186,.'".17,00O
2-29,629,000
265.9t).'),0<K)
!lti2,.
On
Conaole
settl'g days.
£
132,293,000
142,270,000
148,8'.'2,000
169,141,000
233.843.COn
243, .56 1,' 00
260,072,000
260,338,000
24-.',24.'',000
223,756,000
233,385,000
221,264,000
The total amount of bills, cheques, Ac, paid at the Clearing
House during the year ended 30th April, 1879, shows a decreaipe
of £181,442,000, as contrasted with 1878. The payments on
Stock Exchange account days form a sum of £811,072,000, being
an increase of £65,407,000 as compared with 1878. The payments on consols account days for the same period have
amounted to £221,264,000, shovring a decrease of £12,121,000 as
Per cent. Oi>en-n)arket raten—
Per cent. against 1878. The amounts passing through on the fourths of
Bank rate.
4 montli8' hank bills
1*4 31318
Oi>e.n-markct rates
6 nioiitlis' bank blllH
ISe^li^ the month for 1879 have amounted to £212,241,000, showing a
30 and 60 days' bills.
.1 »1>8
4 <b 6 uionthn' trade bill8. 2 ®2>2 decrease of £11,949,000 as compared with 1878.
alig
3 months' bills
I
The chief movements on the Stock Exchange have been in
The rates of interest allowed by the joint-stock banks and
discount houses for deposits are subjoined
Jointr«tock banks
Discount I10U8C8 .It call
witk 7 and 14 days' notice of withdrawal
do
Egyptian stocks, the value of which has fluctuated considerably.
At one period, the market was very depre.s.sed, but latteriy
4|
there has been some influential buying here, in Paris, and at
^
Specula1 Alexandria, and a decided recovery has taken place.
Percent.
—
„
—
.
THE CHRONKJLE.
494
tors for the fall have also been desirous of closing their aeeounts.
British railway shares have improved in value
;
can descriptions there has been less demand, and the quotations
are rather weaker. United States Grovernment bonds, however,
have been firm, and their value has had an upward tendency.
The preference and debenture stocks of British railway companies are still in demand, but the quotations are now at a high
Liverpool Provisions Market.
„
„
Pork, West.
,
s.
mess. ^bl)1.47
Bacou,rnKel'r,new.ewt.23
'•
Short clear, new
26
Beef, pr. mess, new,^te.75
Lard, prime West, ^ewt.32
Cheese, -Vm. choice. " 42
Upon
6
O
6
made this morning to Vice Chancellor
bondholder who had deposited his bonds with
Sat.
d.
Bacon by a large
the Atlantic & Great Western Ee-organization trustees, Messrs.
Lewis, Balfour and Bates, in support of the revised scheme
Pet'lpum,
^ gal.
Pet'ieiun, spirits "
Wed.
Tues.
g.
rf.
47
23 6
26
75
32
42
.
application being
—
Mon.
Sat.
s.
d.
London Petroleum Market.
point.
XXVIir
[Vol.
but for Ameri-
d.
«.
47
25 6
26 O
74
32 6
42
Fri.
47
26
26 6
74 O
33
42 O
6
2.5
26
74
32
42
d.
».
rf.
47
6
—
Tues.
d.
d.
Wed.
Thurs.
®
®
..
.
Fri.
d.
d.
7"8®8
8
..
Thurs.
d.
s.
47
25 6
26
74
32 6
42
Mon.
ref.
—
..
.
..
a7'8
..
-St
d.
ai
..
.... -a
dated 21st July, 18*75, an interim injunction was granted (£>am\ntxti^\ mxCifl^isttVimxtaxxs ^cxtrs.
restrainmg these trustees from carrying into efifect the lease
they propose entering into with the Erie Company.
Imports and Exports for the Week. The imports of last
Although the season is backward, the trade for cereal week, compared with those of the preceding week, show
produce is still very inanimate, but prices have not varied to a decrease in dry goods and an increase in general merchandise.
any important extent. Holders, however, have experienced The total imports were §6,135,228, against 16,226,757 the presome difficulty in obtaining previous quotations.
ceding week and i?7,473,101 two weeks previous. The exports
The following figures show the imports and exports of cereal for the week ended May 13 amounted to $5,908,390, against
produce into and from the United Kingdom since harvest, viz., !?6,080,721 last week and $6,956,903 the previous week. The
from the 1st of September to the close of last week, compared following are the imports at New York for the week ending
with the corresponding period in the three prerious seasons
(for dry goods) May 8 and for the week ending (for general
—
.
:
IMPOHTS.
Wheat
cwt. 32.067,322
38,18.").126
1876-7.
2.5,363,301
Parley
•Oats
7,998.0.58
6,911,148
9.663,900
7,463,600
9,nn3.!)92
6,.508,473
Peas
BeauB
1,06.5,685
1,18.5.851
825,774
20,875.254
5,823,573
2,380,314
20,900.594
5,974,766
847,219
3,256.591
22.012.890
4,123,965
Iiuiiau
com
Flour
May
merchandise)
1877-8.
1S78-0.
1875-6.
37.29.5.636
6,414.360
7,307,609
1,028,351
2,.50fi,98S
16.341.964
4,558,389
9:
NEW TORK FOR THE WEEK.
FOREIGN IMPORTS AT
1876.
$758,099
4,107,578
1877.
$1,252,852
5,510,745
1878.
$907,748
5,521,347
1879.
$1,0)9,919
5,035,309
Total week
$4,865,677
Prev. reported.. 116.778,431
$6,763,597
116,460,203
$0,489,093
102,301,236
$6,133,228
109,065,203
Tot. s'cc Jan. 1. .$121,644,108 $123,223,860 $108,790,331
$115,200,436
Dry Goods....
General mdse.
EXPORTS.
1878-9.
cwt- 1,178,950
91.406
60,046
12,682
9,971
Vfhoat
Barley
•Oats
Peas
Beans
Indian
Flour
com
1S76-7.
6.59,043
1877-8.
1,307.104
39.440
41,831
10,215
16,598
160,696
46,264
297,809
03,868
1875-6.
231.S95
19.815
227,832
28,790
41.958
79,712
20,376
23.049
349,343
28,128
6,292
33,080
16,691
During the week ended April 26, the sales of home-grown
wheat in the 150 principal markets of England and Wales
amounted to 53,483 quarters, against 38,354 quartera last year;
-and it is estimated that in the whole kingdom they were 214,000
In our report of the dry goods trade wiU 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 jiorts for the
week ending May
13:
EXPORTS FROM NEW TORK FOR THE WEEK.
For the week.
.
Prev. reported.
1877.
$4,031,748
92,321,723
1876.
$5,065,313
82,636,973
1878.
$6,298,686
120,333,912
quarters, against 153,500 quarters in 1878. Since harvest the
sales in the 150 principal markets have been 1,858,804 quarters,
against 1.460,787 quarters while in the whole kingdom it is
Tot. 8'ce Jan. 1.. $37,702,288
computed that they have been
comparison of the total since January 1, 1879,
corresponding totals for several previous years:
;
7,435,700 quarters, against
5,851,000 quarters in the corresponding period of last season.
Without reckoning the supplies furnished ex-granary at the
commencement
of the .season,
of
$98,353,476 $126,632,598 $115,426,303
The following will show the exports of specie from the port
New York for the week ending May 10, 1879. and also a
6—Str. Canada
Am.
Havi'e
,
1877-8.
1876-7.
1875-6.
Imports of wheat. cwt. 32,007, 522 38,185.126 25.363.301
Imports of flonr....... 3,823,573
5,974,766
4,128,965
Sales of home-grown
produce
32,220,300 25,535,000 27,902,500
Total
70,111,593
Deduct
exiiorts
wheat and tloai-
69,514.892
57,394,766
37.293,636
4,558,589
27,229,000
687,171
1,353,308
251,586
$4,826
10—Str. Oder
10— Str.
Liverpool
Baltic
week ($285,823
55,000
40,000
25,000
8,000
90,000
36,600
6,782
19.615
silv. bai-s.
silv. bars.
silv. bars.
Mex. silv. dols.
Mex. silv. bars.
Mex. silv. dols.
London
and $374 gold)
silver
•
374
Am.
Am.
Am.
Paris
8— Str. Citv of Chester ..Liverpool
Total for the
1,272,818
London
Gellert
69,083,225
of
hars
Am.
8—Str.
1878-9.
silv.
cont'g silver.
silv. hais
cont'g gold..
Am. silv. bars.
Me.\. silv. bars.
it is
since harvest:
with the
Ma.v.
estimated that the following
quantities of wheat and flour have been placed upon the British
markets
1879.
$5,908,390
109,517,913
$286,197
last week's Cnstom-Housc return
12,332
April 26— Str. Bermuda- St. Johns, P. K. Mox. silv. dols.
Previously reported ($6,607,488 silver, find $238,672 gold).. 6,346,160
Omitted ftom
:
.
EesiUt
68,838,577
68,161,524
56,707,595
68,831,039
40s. 5d.
52s. 8d.
49s. 9d.
45s. 6d.
Av'ge price of Euglish
wheat for the season.
Tot. since Jan. 1, '79 ($0,905,643 silver,
Same time
Enallsh Market Reports— Per Cable.
The daily closing quotations in the mai-kets of London and
Liverpool for the past week, as reported by cable, are shown in
the following summary:
London Money and Stock Markd. The bullion in the Bank
of England has decreased £263,000 during the week.
—
[
Sat.
10.
May
Silver, per oz
for money
Consols for account
Consols
.
U.S. 10-408
U. S. .58 of 1881
TJ. S. 4J2S0f 1891
U. 8. 48 of 1907
Erie,
comnum stock
Illinois Central
d.
SOis
989i3
Tues.
13.
oOig
98i3ig
Wed.
Thurs.
1051.2
105'58
105^^
loo's
lOSV^
1045,
28i2
lOO-'s
10958X10810
104-'59
104=8
104''8
27'^8
283*3
28%
88 ig
89
3914
I8I4
x38%
104%
28=8
Phlladclphia.fc Reading. 17=8
89
39
17
88ia
3914
$7,597,563
10.618.065
20.231.289
29,077,442
1878
1877
1876
1875
1874
1873
1872
1871
and $239,046
$16,423,886
19,960,727
18,095.518
30,444,290
ijOije
.50
9813ir
9813,0
9811,
i)SH
103%
105%
103%
105%
108%
104%
28i2
Kew
17
22
Liverpool Octtm Market.— See special report on cotton.
Liverjiool Breadstuff) Market.
21
11.91)2.577
29,000,3,59
1868
1867
14,094,478
same periods hare
Am.
York.. Havana
silver
Foreign silver.
Am. gold
Foreign gold...
5—Str.
Crescent City
Aspinwall
Am. silver
Am.gold
Fin-eigu gold.
Gold dust......
Am. silver
Foreign gold...
Am. silver
Baltic
Liverpool
7—.Str.
7—Str.
Cfinima
Ailsa
Hamilton
9—Str.
Donau
Bremen
.Bj—Str.
Aspinwall
$15,078
31,330
4,862
4,815
6,820
670
.
4,938
4,174
49,638
^.IIO
1,617
228
880
Am.gold
89
38ia
$10,206,910
18(59
of specie at this port for the
been as follows:
Fri.
16.
in
1870
The imports
5-^Str.C. of
gold). .$7,144,689
Same time
in
Mav 14.Mav 13.Mav
50is
983t
0834
]033i
105=8
.50»4
98=8
98"i8 OSHib 98''e
;.103%
10334
103%
89
3914
Pennsylvania
Mon.
May 12.May
Same time
in
Gold dust
10— Brig
Cleta
Am.
Am.
Aspinwall
129,497
2,&88
silver
silver
56
Foreign silver.
Am. pold
Foreign gold.
—
1.215
104
.
Sat.
«.
Flour (ex. State)
d.
1)1)1)1.. 24
s.
d.
Tues.
s.
24
rf.
87 87 89
78 78 79
93 93 93
96 96 96
11
8 11
94 894
94
4 7I9 4 7I2
4413441344
Wheat,spr'K,No.2,1001b.
Spring, No. 3...
"
Winter. West., n.
"
Southern, new
"
Av.C'al. white..
'
8 11
California club.
"
<iCom,imx,sft,oW,^eenfl 4 7I2
Pnme,ue\T
"
.
Mon.
24
Wed.
s.
d.
24 O
Thurs.
s.
d.
24 O
8 10
7 10
9 3
89
79
93
96 97
8 11
11
94 894
4 713 4
44 44
7»fl
Fri.
d.
».
24
8 10
7 10
9 3
97
8 11
94
4 7
44
Total for the week ($237,022 silver, and $23,996 gold)
Previously reported ($3,065,027 silver, and $539,209 gold)
Tot. since Jan. 1, '79 ($3,302,049 silver,
Same time in—
1878
1877
1876
1875
$11,183,340
6,.593,082
1,589,010
6,022,045
and $563,205
Same time in—
1874
1873
1872
1871
$1,.558,749
1,720,827
641,121
3,024,530
.$261,018
..
3,604,296
gold) .$3,865,314
.
Same time in—
1870
1869
1868
1867
$6,916,632
8.644,624
3.064,855
1,036,07S
:
May
THE
17, 1879.]
(;HR0]S1()LE.
Framxd
May
i:l
Tf.n Dollar CERTiFir.\TRs. -Thp fulluwing was imued
by tlm Treasury Di>parliiU'iit
the #lo n'riinilIrK d'HIIIoiitcn liiin lii-in «> itri-nt tliiit
iiiitwilhiitiiiiiUii;; cvriy cffiirt of tlm IliircHU of Kiit,'>'iivliiic "ixl I'rIiitliiK
till- rtiipplj
(if rfrtllli'uti'H (liH'H not niiiml tlio ili'iiiiuiil
fnr tlii'iii. At
iiii'si'iil till' liiiiviiii iBilillvmliKt tlii'iii lit lli(> r;ili' oriilMiiit ijisoo.iHX) |mt
«IUmi. Ily TImimluy llii' cI.'IImtv will rwii'li alimit ii<1.0()0.<i()() per illi'iii,
mill liy tlii> lli-Kt iif iii'xt wcik if'J.OOO.OOO pi-r illciii. Tlir iiMiilliiiti'ii will
Thi-
ili'in'iiiiil I'lir
tip (lUtrilmfrcl ill piiipcr pi'iipiii'lliin aiiiniit; tlir illirorcnt iillli'i'iii itiitlKii'
Izoil ti> oiil tlii'iii, t(i 1)1' Kolil Rtrlctly uiiil only iipiiii tlii'lrrniH xtulocl in
tliii cliTiiliif of April is.
Till- uiinliniillioi'li:i-il Ik hImiiU ijllo.-
amount
OOO.dOO nnil
!ill3.iMiO,0(MI
no luoni tliim that iiniiiiint can or will Ins UmiciL About
have hIithiIv lii-cii miIiI.
MiTii.ATKD Hank Notes.— The following notice has been
isMii'il by the Treasurer nf the Tnited States
Fniinni'iitH of national hank iiotoB rcilei'inoil bv tlin bank of Ikhiio for
loH-i than tlii'li' fare value will be acreptril by the Tivadiuvr oulv when
:
their valiiallon 1h ei|Ual to the faie value of a note of mime ili'iioinliiatloii iHKiieil by the bank or some iiiiiitiiile thei-eof. The rei|uiri'il viiluathm
innj-, however, be inaile up of Beveral frairmentii of notix of the name or
dlfreii'nt ilenoiiiinatlou«. In no other ease ean siieh fiatriiieiil« li.' iliHpoociI
of under the rettiilations of the Comptroller of the Ciirreniv reiinlrinit
national bank notes to be deliveieil to
for ilenlriiclioii in kiuiih of
even liuiulreilH of ilollai-H. The aieuiniilatioii In hia hands of frau'inentH
of wliUh lie Is unable to dispese eonipels tho Tirasiiier to adopt thl» rule.
James (Iri.Kii.i.AN, Treasurer of the I'nited .states.
INTERE-ST Saved by Fi:xi)in(i Operatio.\.^.— The following
lilni
statement of the fiindinp ojierations sinee J[arch
just been issued by the Treasury Department
Anioiint of 4^1 per eent bonds sold In
1877. slnee .Mareh 1, for refunding Bonds sold.
tive-tweiitit»«
1,
1877,
has
Interest
saved.
$i»5,000,000
$1,425,000
4^5
complete the road from its present t.Tminii.i», M.inon>fahfla City,
to a point oppoMite Hrownsvllle, a distance of twonty-tlireB
mil«.<i.
TliM estimated co«t of the priip.««d ext«nnion will
be
abiiut
?3()(),00().
Knadlngr * Lehlirh,— The United Htat>.s Circnit C-.nrt li.n
granted a decree of foreclosure and sale ai^ain.st this r il
under the mortgage for $1,500,000 made' l)y tlm IJerks Coimiy
Company in 1872. The road (originally the Berks County)
extends from Reading, Pa., to Slatington, 43 miles, and wan
built as an extension of the Wilmington & Northern roa<l,
but
became bankrn])t soon after it.s completion. It was sold subject
to the mortgage, and bought in bv the floating-debt ereditont,
who organized the Heading & Lehigh Company, and leased the
road to the Philadelphia & Reading Company. Th« Wilmington & Northern Company is considering the qujtMition of bnvinir
it and recovering control of its connection
with the LchiKh
Valley road.
Uai'.road Oazette.
.
—
St. Iioul!) & Snn Francisco.— It is stated in a St. Lonln paper
that this company has pun-hased the Missouri
Wi-stem Kailway, now completed and in operation from Price City, Mo., to
Oswego, Kansas, for about |1,2.')0,000, and is now about to
&
(commence an extension of the same from Oswego, through th«
counties of Labette, Montgomery, Wilson, Butler and Sedgwick^
to Wichita, a distance of ?ibout 14,') miles.
St. Piiul
& Pnciflc—The
first
of the sales of portions of tht«
railroad, under foreclosure proceedings, took place in St. Paul
1,000,000 on the 7th inst., covering the branch line from St. Paul to
Watab. The sale was made, in fact, to transfer the road to the
1,800,000
bondholders under the amicable arrangements made between
the
contestants. There was but one bid, that- of J. S. Barnes,
7.4(>5,3>IS
1,94.1. (iiiU
of New York, who bought the property for lfi200,000.
2.(i00
Springflpltl Athol & Northeiistern.— This road will be sfild
Total bonds sold sineo March 1,
at Springfield, Mass., May 22, under foreclosure of mortgages.
1S77, for refundiiij; purposes
$>*03.00.'),700
$13.C38.6.'>1
U. S. Leoal Tender-s and N.atioxal Bank Xote-i.— From tlie There are $600,000 bonds outstanding, of which §300,000 are a
Comptroller of the Currency, Hon. John Jay Knox, we have the first lien on the older portion of the road, from Athol, Ma<s., to
fellowinp statement of the currency movements and Treasury Barrett Junction, 30>6 miles, and $300,000 on the extension of
l8 miles from Barrett's to Springfield.
balances for three months past
U. S. JtoHfh held as srcitrity
Texa*.-The Governor vetoed the bill appropriating money to
fni- XatiomU Hanks.—
Feb. 28.
Mch.SI.
April 30.
the interest on the State debt, and the Senate failed to pass
Bonds for circulation deposited.. $21.fi!)0,700 $l-.'.2Sl.'J.-)0 I{il2.03(i.-t.'i0 pay
Bonds for circulation withdrawn. 1»,!)39,500 1 1.77.').t.i.'j0 l(i,()S-2 300 the bill over the veto, and the Legislature adjourned.
Total held for circulation
3.50,G90,.100 351,i;)ti.400 352,250,.'550
Toleiio Peoria & Warsaw.— A despatch to the Inter-Oeean
Bunds held
Amoinit of
l per cent boudH sold la
1S(77 for refunding Hve-twcntle«
50,000.000
Ainoiint of 4 iwr cent bunds sold In
1S7-1 for refundlni: tive-twentles
00,000,000
Amount of i per eent iHinila wild In
187!) for wfuniliiiK live-twenties
373.269,400
Amount for refunding ten-forties
19i,."i(iti.30i)
Amount for refiuiitiug o p. c. loan, '58.
•->«0,000
iissccurityfordeiwslts 13,922,000
14,052,100
Ltyul-Ttiiiler Xotrs.—
Deposited
in
14,252,400
Treasuiy under act
of June 20,1874
Total now on deposit, including
710,700
1,118,400
603,190
banks
12,312,812
Total entered under act of Jan.l4,
12,800.698
13,356,2.39
35,318,984
35,318,984
lliiuidatins
i'*75
Total amount of greenbacks outstsuidiuK
Nnlional Ilaiih- Cireitlallon—
New circulation issued
Circulation retired
Total iiotes outstundinc—
35,318,984
Meh.31.
April 30
2,003.460
922,434
2,!li)7,6.50
939,016
CuiTcncy. 324,579,250 325.660,276 327,678,910
Gold
1,466,920
1,460,920
1 ,406,000
NoteB received for redemption
from—
New York
Boston
Philadelphia
Miscellaneous
Total
6.300,000
4,700,000
300,000
1,783,000
4,062,000
5,008.000
560.000
2,768,000
4,771,000
3,02S.OOO
448.000
1,940,000
$13,083,000 i)!12„398,000
.'('10,187,000
lake
Railroad Freight Rates.—Vessels have cleared
from Chicago for Buffalo, a steamer having entered Bulfalo
harbor (which is usually closed after the Straits have opened)
and a schooner having passed tlirough the Straits of Mackinaw,
all on April 24.
A hw-grade vessel, such as is usually not
chartered for grain, and in which a cargo of grain is supposed
not to be insured, was taken at 4^ cents a bu.shel for com that
day, the regular rate beuig 6 cents. Lake freights opened at
Chicago this season (April 2.i) at 4^ cents per bushel for wheat
anil
to Buffalo, 4 cents for com, and 3 cents for oats.
May 14 a press dispatch from Chicago said " TTie general freight agents of the trunk lines held a meeting here today for tne puriiose of raising rates on east-bofind fn^ght, but,
as the Peimsylvania Railroad adhered to its determination not
to enter into another agreement, and its representative was not
present, the meeting adjourned without action. The present
rates are_15 cents on grain and 20 cents on fourth-class freight
to New Y(»k ; but there is no pretense of an agreement to continue them at tho.se figures. The demand for cars is brisk now,
and rates for lake transfer are firm at 3 cents for corn and
8M
cents for wlimt to Buffalo."
—On
:
PaciKc Kailroads.— Mr. French, Auditor of Railroad Accounts at Washington, has transmitted to the .Secretary of the
Interior a statement showing in detail the practical application of the Thunnan Funding act— recentU' declared constitutional by the Supreme Court—to the business of the Union
Pacifii! Company for the first six months after the pas.sage
of
the act. A supplementary statement is also made, showing the
present condition of accounts between the United States and the
Union Pacific, by which it appears that upon the showing most
favorable to the United States nearly $10,000 are, nevertheless,
due from it to the c-ompany.
Plttsbar^ Vir^'lnia & rharleston,— This road has been
lea-sed by the Pennsylvania Railroad Company.
The road extends from Pittsburg to Monongahela City, thirty mi'ei. The
stot-kholders decided to cancel the present bonds and mo.-tgagas
•and Lssue new bonds at 6 per cent instead of 7 er cen% to be
i
secured bv a first mortgage on the property of the c Jinpany.
It was also decided to raise funds bv issuing certi
icates of
indebtedness, and proceed at once to advertise for pro josals to
said
:
The rumor
that the T. P.
& W.
R. R.
had
purchased the P. P. & J. R. R. Ls eonfinned. The .sale has
been completed, and transfer will take place at once. Tliey pay-
now
346.681,0)0 346,681,016 346.681,016
Feb. 28.
2.078.190
424.42S
recently
!jil5,000
rent for the use of the P. P.
&
J.
track from Holha
to Peoria.
Wabash.— Stockholders of the Wabash Company repre.sent-,
ing 129,000 shares, over three-fourths of the capital stock, held
a special meeting on the 14th, and unanimously agreed to
authorize the proposed issue of bonds to the amount of $2,000,000 to retire the Seney mortgage, and for other purposes.
In the suit of Holbrook against this company, brought on
the first mortgage bonds of the Quincy & Toledo RaUroad,
before Judge Shope, of the Illinois State Court, in Brown
County, the motion for the appointment of a receiver has been
withdrawn, the Wabash Company having agreed to give bonds
indemnifying the plaintiff pending the result of the action.
Attention is called to the advertisement of the Atlanta
Cotton Factory ten per eent bonds.
These bonds are secured
by a mortgage, which is the only mortgage upon the companv's
propertj-, and the bonds are due in five years— 1884.
The mill
now runs 10,000 spindles, with a capacity of 26,000. It is
estimated by the owners that a spindle will earn §6 to ?6^ per
year net, but the estimate of the income of the property is
fixed at only $5 per spindle, or $50,000 per annum, while the
interest on §150,000 worth of bonds is only $15,000, leaving a
net surplus of $35,000 to go as dividend on $100,000 of capital
stock. The trustees are well known as men of high standing,
consisting of the Hon. Freeman Clarke, of Rochester, Newr
York IL B. Plant, of New York City, and Vincent R. Tommy,
of Atlanta, Ga. The bonds are offered by the well known
dealers in Southern securities, Messrs. Arents & Young, No. 9
New Street, N. Y., and only $75,000 yet remain unsold.
—
—
;
—
Tlie capital of the Credit Lyonnais has been increased to
100,000,000 francs, of which 50 per cent is paid in, and the surplus now .stands at 24,000.000 francs. The annual report of the
corporation has just been Lssued, and copies may be obtained at
the ofllce in the Equitable Building. The report is much more
extended than the bare statistical matters issued by our banks,
and one .of its features consists in the remarks made at some
length by the Council of Administration in aubmitting the
annual exhibit.
—Particular
attention is directed to the statement of the
of British North' America, showing the total debts and
a.s.sets of the corporation at the close of 1878.
The assets were
An interesting exthen £3,736,770, and liabilities £2,586,355.
hibit is given of the notes in circulation and the specie held for
each month of the year 1878, showing a large excess in the
amount of specie over the notes outstanding.
Bank
—
The Leadville Mining Co. have this day declared their 3d
regular dividend of 10c. per shart>, payable on and after June 7.
The following has just been received from the superintendent
at the mine: A large body of ore has been struck in the incline
of the " Shamrock, whicn is one of this company's mines.
The Homestake Mining Companv has declared its dividend
for April 30 cents per share pavable at Wells, Fargo & Co.'s,
on the 2tith. The product oi tue mine for twenty days in
April was $52,000j
—
—
—
.
.
:
:
;
THE CHEONICLE.
496
The range
each
of
[Vol. XXVIII.
January 1, 1879, and the amount
bonds outstanding May 1, 1879, were as
in prices since
of
class
follows
NATIONAL BANKS ORGANIZED.
States Comptroller of the Currency furnishes the
following statement of National Banks organized the past week;
The United
Range
Amount May 1,1879.
gince Jan. 1. 1879.
Lowest.
Highest.
2,424— Gate City National Bank
of Atlanta, Georjria. Authorized capipaid-in capital, $100,000. L. M. Hill, President
Lodo-n-ick J. Hill, Ciudiier. Autliorizcd to comuicnce business
$100,000
tal,
May
3,
;
1879.
DIVIDENDS.
Per
When
Cent.
Payable.
$2 50
June
FRIDAY, n\Y
Books
x03iaMay
1
May 14
107i9Jan. 15
May 3
May 16
May 16
$201,637,450
53,723,200
14,911,600
143,054,700
258,307,950
165,760.950
334,259,200
64,623,512
$81,098,900
74,033,750
20.012,800
49,777,100
250,132,400
84.230,050
219,104,500
Close<l.
Closing prices of securities in London for three weeks past and
the range since Jan.
2.
1, 1879,
were as follows:
May May May
16, I8T9-fi P.
money market and Financial
Tlie
5s,;und.,'81.cp.
(Days Inclusive.)
Rnilroad.
Northern
105% Mch. 2i 107
Mch. 21 IO718
41SS, 1891 ..cp. 104
4s, 1907
Apr. 1 102%
cp. x99
4 124%
68, our'ncy.reg. 119>jiJan.
The following dividends have recently been annonuced
Name of Company.
6s, 1880-1 . . cp.
68, 5-208,'67.cp.
6e, 5-20s,'68.cp.
58, 10-408... cp.
Coupon.
Registered.
Situation.
— The
general feeling in the financial markets has been quite as buoy&nt this week as at any previous time. It is not that the speculative stocks have all shown a large business or a further
Range
16.
9.
2.
1*1.
since Jan.
Lowest.
1
1879.
,
Highest.
103% 103% 10314 Apr. 19
105=8 105% XO514 Apr. 25
109=8 x08% IO6I3 Mch. 24
Mch. 26
1041a 104% 104% 101
U.S.
I03''e
Ill
Jan.
7
U.
U.
106
110
109% Jan.
4
5s, 10-408...
8. 5eof 1881..
S. 4148 of 1891
U.S. 4s of 1907..
110
lOl^s
May 2
May 15
State and Railroad Bonds— Southern State bonds are generbut the prevailing tone among business men
and its vicinity is one of more settled confidence ally strong, except Louisianas, which remain stagnant at about
in a period of growing activity in financial affairs, and possibly a 50. The discussions in the Convention at New Orleans are not
time of rampant speculation. The improvement, both present very hopeful on the subject of taxation. Virginia bonds are
and prospective, in transactions at the Stock Exchange is well strong on the prospect that the recent funding law will be carried
shown in the advance which has taken place in the price of seats out.
Railroad bonds are still active on a widely distributed
in the Board, which are now worth more than double trhat they
business.
The speculative bonds vary in prices somewhat, acsold for two years ago.
The money market has sho wn some irregularity this week, and cording to the tone of the market, but aside from these fluctuaan advance in rates to 7 per cent in exceptional cases. The only tions the general tendency in bonds is toward higher rates. The
cause for this is found in the large withdrawals of money into Chicago St. Louis and New Orleans bonds have been placed on
the Treasury, as it is estimated that Secretary Sherman has called the Board list.
in about |>20,0C0,000 in the past week from the bankers who
Messrs. A. H. Muller & Son sold the following at aactioB
The rates for money to govwere owing for 4 per cent bonds.
Shares.
112 Atlantic Av. RR. Co. of
ernment bond dealers advanced to 4 per cent on Thursday, and 100 Jersey aty G.osUght Co. .151
Brooklyn
80 879 %
42
4 Clinton Hall Asso
on ordinary stock collaterals to 5@7 per cent but this was tem200
AUanfic Av. RR. Co. of
Coal.tk).,$50
par$41
Bradford
50
8OI4
Brooklyij
$-140
11 N. J. Zinc Co., com
porary, and, the pressure being over, the rates to-day are 3(33 per
advance in
in
Wall
prices,
street
:
;
25 North Branch
cent on governments and
Iron
20
&,
Home
Ine.
126I4
Co
115
10 Park Fire In«. Co
Coal Co., $25 each
$3 50
2i@5 on ordinary business.
177
20 RutKcrs Fire Ins. Co
Mercantile Nat. Bank. 90 391
The Bank of England statement on Thursday showed a loss of 100
23 Sterling Fire Ins. Co.83%®85ia
20 Manhattan Gaslight Co.. I8414
£363,000 in specie for the week, but the reserve was 51 1-16
Bonds,
percent of
The Bank
against 51} per cent the previous week.
liabilities,
rate of discount remains at 3 per cent, while
the open market
is
money
in
at out 1 per cent.
statement of the New York City Clearing-House banks,
issued May 10, showed an increase of $1,714,335 in the excess
above their 35 per cent legal reserve, the whole of such excess
being f 16,088,000, against $14,373,775 the previous week.
The following table shows the changes from the previous week
The
last
$7,500 N. Y. City
1879.
Differ'noeg fr'm
States.
1878.
May
previous week.
10.
11.
1877.
May
12.
Loans and dis. $242,941,600 Ino .$3,583,800 $232,030,700 $256,519,600
Bpeoie
Circulation ..
Net deiKMits
18.745,600 Ino
.
19.68'i.OOO Inc
.
I<egal tenders.
229,400
4,900
27.4ti9,!>00
20,033,100
201,038,000
38,612,000
224,937,200 Inc .10,605,500
53,576,700 Tnc. 4,136,200
23.272,500
16,068,700
227,226,000
51,066,700
3,000 iJttle Rock A Port
emith let moit. 7s, due
4514*44%
1895
St. RR. Ist mort.
due 1893
103
5,000 23d
76,
Closing prices of leading State bonds for two weeks past, and
the range since Jan. 1, 1879, have been as follows:
and a comparison with the two preceding years.
Miy
78, consol.
stock, 1892, 12018 and int.
20,000 N. Y. City 7s, consol.
Htock, 1894. 122''8 and int.
2,500 N. Y. City 7s, coneol.
124=8
Btock, 1896
do
do
>
2d
is
16.
•77
series..
the price bid
:
40
Range
since Jan.
1.
1879.
Highest.
Lowest.
•77%
41% Apr. 29
87 V 791B Jan. 3
•39ii5
86I4
Columbia, 3-658
This
May
9.
47 Mch. 18 69 Jan. 6
491a •49
103=8 Mch. 5 107 1« May 15
•1061a -107
•2213 '23 1« 18
Feb. 8 23i«May 13
•34
*34ia 34 Apr. 26 42
Feb. 13
Louisiana consols
Missouri 6s, '89 or '90
North Carolina 68, old
Tennessee 68, old
Virginia 68, consol
Dist. of
May
44
Moh. 28
87% May 14
no tau was made at the Board.
—
Railroad and miacellaneoua Stoeka. The general condition of the stock market is much the same as reported last week.
The operations in fancy low-priced stocks continue to be a prom-
VBlCed States Bond*.— The demand
for 4 per cents keeps up
and the syndicate bankers have already sold
about $80,0J0,000 of the $121,000,000 subscribed for by them.
Included in these sales was the lot of $15,000,000 taken this inent feature of the transactions, while there is also considerable
week by Messrs. J. S. Morgan & Co. of London, at full market activity in the old favorites of the Stock Board. Western Union
prices, which are to be sent out from Washington direct, and Telegraph has been about the leading stock of the week in
credited to the syndicate.
A large amount of called bonds is strength and activity, and, so far as any definite information has
been given out, there appears to be no other basis for this than
necessarily coming home from abroad, and this shipment to Lon
don is an exceedingly favorable transaction as helping to the renewed rumor of a stock distribution. Rock Island is strong
on the brief annual statement issued from the Company's oflSce,
balance the exchanges.
showing net income for 1878-9 of $3,196,380, against |2,384,031
Closing prices at the N. Y. Board have been as follows:
to a high figure,
for 1877-8.
68,1880
68,1880
6a, 1881
68,1881
Interest
May
May
May
May
May
May
Period
10.
12.
13.
14.
15.
16.
r«g. J.
&
.
68, onr'oy,
6«, cur'cy ,
1895.
1896
.
.reg.
.
reg
cur'cy, 1897. .reg.
68, cur'cy, 1898.. reg.
t»8. cur'cy, 1899. reg.
6fl,
*
Xhig
is
the price bid ;
&
&
&
106%n06S8
J.
coup. J. & J.
teg.J. & J.
coup. J. & J.
5b, fund., 1881... reg. Q. -Feb.
6s, fimd., 1881. coup. Q. -Feb.
4>«8, 1891
reg. O. -Mar.
coup.
-Mar.
4»B8, 1891
48, 1907
reg.
-Jan.
48, 1907
coup.
-Jan.
*106=e '106=8 •106=8
'106=8 •106=8
*107
107 '107
no6»8 * 106=8
106 >s 10718 107
106=8 10658,*107
107
I03hi' 103i<!'103i2 •103=8
10312
105=8
105% 105% •105% 106 hl06
106''8
106'8
10214
102 14
102 14
102 14
107
07
103=8-103=8
103=8 •10312 103=8 '103=8 •103=8
107 "107
'10714*10714
102 14 •102% 102%«102=8
102 14 101238 102=8 102%
124% 12414 124% '124i4|*124
*124i8 n2li« 124% '12418
J.
124 14 *124'4 124 la 124%
J.
1241a 1241a •124% '1241a 124%
J.
124% *124=v.l 'l'>4% I2412
no $aU was made at the Board.
J.
J.
Total sales of the
1241.2
Wabash
May
"
"
"
•'
"
10.
12.
13.
14.
15.
16.
Total...
3,700
10,675
9,800
3,170
3,300
2,300
week
in leading stocks
were as follows:
Paul.
North- Weet'rn Del. L.
west. Un. Tel. & West.
17,600
30,130
11,900
35.675
17,010
10,300
7,725
7.316
7,025
36,350
22,620
13,600
St.
32,945 122,615
1,471
12,285
23,450
19,570
25,775
30,360
94,636 112,911
Erie.
Lake
Shore.
I7,5'20
3'2.755
19,145
14,886
6,510
20.610
15.900
41,150
95,429
76,505 118,201
20,610
16,485
11,210
7.300
20,845 13.070
7,830
12,100
5,999
6,210
Whole stock. 160,000 154,042 149,888 350.849 524,000 771,077 494,665
<Sc
<Jt
The
total
last line for
number
of shares of stock outstanding
the purpose of comparison.
is
^ven
in the
I
"
.
Mat
The
..
THE
17, 1876.
dkllj hlf(hest and loweat orices
have bsen
W^
SS?'&_
lila.M.*Ht.P.
do
pref.
Okie. AN. W.
do
pref.
Chic. K.I. A P.
CloT. C. ('. A I.
Clov.A i*..Kmir
Oil. Oliic.Al.C.
I
1
Del.AK.OwiiU
I>«l.l.iick.AW.
riD
do prof
Uui. A St. Jo.
do
pref.
.
nilnolii Oont.
K.tniia.n rnultto
RxchanKe.— There
l*»ko Shoro
Midi. Contriil.
Is some uncertainty felt about the future
owing to the large amount of securities to
come from abroad. The f 15,000,000 4 per cents taken foriI>ondon
account this week had a good effect. The market for serlinff bills
to-day was quiet and steady, the bankers asking 4.8S aodlWi
for long and short bills respectively, while the actual rates were
i@i lower.
In domestic bi'ls the following were rates of exchange on
New York at the undermentioned cities to-day Savannah
prices of exchange,
A
Mu.
Kivn!i.
T.
Mor.
K!4:4vx..
A
N. V.C.A
II. II.
Ohio AMIu..
PboISo Mall..
Panama
PttU-r.'
_,tt».|i'.W.AO.
8t.I.AI.M.iusn
K.C.AN.
8t.I,.
do
St.UA
do
do
pref.
Frun.
8.
:
pref.
let prf.
Union
Chsrieston— easy, selling
3-18, buying i.
New Orleans—commerc'al i premium, bank}
premium. St. Fvouis 50 discount. Chicago weak, buying 110
discount, selling 1-10 premium; and Boston, shilling discount.
Quotations for foreign exchange are as follows:
—
Paoltlc.
.
Tfil.
These are tha prices bid ana asked: no tale was made at the Board.
*
buying, nominal, 3-10.
selling 5-10,
Bulro Tunnel.
Wabaiih
went. Iln.
. ^an. I to latMtdata.-N
Week o? Mo. 1870.
1878.
1879.
1878.
Mobile 4 Ohio .. April
$119,103 $115.3M $638,030 tTil.S
SajhT.Oh.AHt.I. March
149,407
143,257
464.809
47«.i
W. Y. L. Erie A W. February 1 ,207,30 1,121.412 2,354,504 3,435,4
Pad.4Gllsabetht. April
10,607
32,079
84,007
104303
Pad. 4 Memphis.. April
0,707
14,100
A0,*<20
mItSS
PUIa. 4Krlo
March
212,776 188,511
002,534
S80J(t4
i^illa. A Rniuling.Miin-h
1,041,143 09.5,334 3,870.233 1.804.734
8t.L.A.AT.Il.(l)iiiil«twkMay
7.930
7.488
184.510
107.804
8t.l..ln.nMl. AH.lMtwkMay
72,327
70,207 1,413,874 1.4t4!43S
8t. I-. K (!. ANo..lstwliMay
61,748
51,670 1.1S0,.5.54 1,008.7SO
8t. LA Hoiitheast.Aprll
82.035
87,040
349,.5ee
340,035
8t. Paul AH. City. March
04.005
48,861
138.784
130.600
Scioto Valley... April
25,462
30,788
91,199
65,840
8iouxCi:;.-A8t. P.Maroh
30,161
33,486
72,333
8T,.570
Boutherr. Minn...Miirrh
47,150
06.003
119,415
178,767
Tol.Pcori.! A War.lst wkMay
19.870
21,770
390,0.13
446.003
Union Pac:»c
Februarr
747.761 679,768 1,438.303 1,377,368
Wabash
IstwkMay 72,280
01,802 1397,314 1,080,010
.
&
lo.
:
Total sales this week, and the range in prices for 1978 and
Jan. 1, 1S79, were as follows:
ince
Prices since Jan.
Sales of
1,
Range
1879.
Lowest.
Canada Southern...
Central of N.J
Wilc»K(i A Alton
Chic. Biirl.& Qiiinoy.
Chic. Mil. i St. P.
Highest.
45 >4 Jan.
1,327
59,903
4,716
33>a Jan.
75 Mch.
lll^eJan.
122,615 343s Jan.
do
do pref. 46,242 7i^ Jan.
Chicago A North w
94,636 49^ Jan.
do
do pref. 32,718 76''8 Jan.
Chlo. Rook I«l. & Pac.
3,438 119 Jan.
Clov. Col. Ciu. (t Ind.
9,263 343lt Jan.
1,10.")
Clev. & Plttsb.. Kiinr.
Col. Chic.i lud.Cent
Del. A Hudson Canal
Del. La<^k. & Western
6,13.%
84>a Jan.
5 Jan.
38 Jan.
43 Jan.
21 Is Jan.
3718 Jan.
13 H Jan.
34 Jan. 10
410
79i4Mch.26
2,43.->
8,394
7,682
9.5.429
76,50.i
Brie
do pref
8,279
17,940
Hannibal dc St. Jo.
do
do pref.
Illinois Central....
Kansas Paoitlo
3..'>70
Lake Shore
118,201
Michigan Central
11,047
Missonri Kan. <b Tex
12.694
Jf.
Y.
&
Kssex
Cent.iHud. R.
Ohio &. MiHsissippi
PacitloMaU
.
.
Panama
4 Chic.
A South.
A North.
Pitts. Ft. W.
Bt. L. I. Mt.
St. L. K. C.
do
L.* 8. Francisco.
do
pref.
do
Ist pref.
ButroTnnnnl
Union Paoilio
St.
Wabash
I
Western Union Tel.
The
.
9>« Jan. 21
67 Jan. 6
73S!» Jan.
2
5% Jan. 4
Low. High.
63 19 Mch. 13
47''8 May 16
88 Jan.
12214 Feb.
49 >4 Miiv
89 « MiiV
6539 Jan.
and the
38
4S>4
I3I4 45 14
66% 85
99 >4 114%
271s
5479
04
84%
32«i
.55 >4
May
59% 79 >9
135
Feb.
4959 May
981s May
9 Apr.
9838 122
23
3314
95
63 19
21*
48«flMay
3439
57
41
May
2914 May
54 May
7»B
211s
2)39 Apr.
85
638
OlTg
2219
38
45 14 Mch.
89 Jan.
60 Apr.
10
16'8
2158
41<ig
May
55''8
12»8
7138
90 Vi Jan.
581s
75
7513
18>4
totals
4
May
2
89
tf%
121s
112
85
3
im
23''g
131
102
15!>8
3»s
19
II9
II9
31s
31s
6114
12ie
11%
5
73
23^8
73 M 102
from Jan.
—
Latest earnings reported. — ^Jan.
Week or Mo. 1879
1878.
.
1 to latest
1 to latest date.-.
1879.
Ala. Ot, Southem.February
Atch. Top. * 8. r 1 »t wk May
.
$33,094
127,000
328,387
132,902
21,293
147.542
19,385
$32,535
68,651
253,878
129,105
23,220
150,304
19,302
$67,035
1878
$69,883
1,899,974 1.023,111
A tl & Ot. West February .
637,508
.534,854
Atlantic Miss.A O.Maroh
364,147
339,577
Bur. C. Rap. & N 1 st wk May
447,938
573,246
Burl. AMo.R.inN Murob
408,136
352,376
Cairo A St. Louis. April
71,0»5
63,160
Central PaclHo... April
1,437,000 1,529,2.55 4.871.857 4,849.364
Chicago A Alton.. 1 at wk May
80,834
68,897 1.398,741 1,363,453
Cblo. Burl. A Q... March
1,071,738 1.169,831 3,159,213 3,126,448
.
.
. .
.
Chic.
A
East. ni.. 1st
Clitc. Mil.
wk May
Chic. ANortliwejtt. April
Chic
16.382
A8t. P.l.<twkMay 181,000
8t, P.
A M.lstwkMay
1,130,475
21,837
30.462
Dakota Boiithem.Mnrch
17,739
Dubuque A 8.Clty.l.'<twkM.iy
14,897
Oal. Har. A 8. An.March
106,619
t»»,l. Honst. A H.April
27,812
Oranrt Trunk. Wk.end. May 3 155.859
Or't Western. Wk.enrt.May 9
74,716
Hannibiil ASt. Jo.Utwk'May
33.420
Boust. A Tex. C. March
212,946
Illinois Cen. (111.). .April
391,073
Clev.Mt. V.
do
A
D..April
(Iowa). April
wk Apr
lilt. A (Jt. North. iHtwk May
aLansas PaclHo.. .l.stwk May
Mo Kaus. A Tex 1st wk May
Ind'anap. Bl. AW.l.st
.
.
111,0.54
22,837
•15.332
95.487
45,197
Storm olmtnicted the operation
part of April and first few djiys of
"
13,383
196,571 2,560.000 3,017,434
1,255,887 4,135,461 4,314.519
18,546
337,691
301,866
32,362
1 13,770
119,157
16,866
54,578
43,903
18,154
265,631
346,025
83,801
23,046
158,776
125,217
134.630 2,971,731 3.123.589
78,618 1,331.855 1.706,339
30,772
652,223
583,733
174,528
715,007
619,613
406,800 1,637.030 1 ,677,445
127.038
432.371
523.8-I8
28.903
286,932
343,833
17.917
529.693
445,149
78,343 1,259,773 1.004.330
43,036
848,284
884,544
of a portion of the road
M -iy.
The following
during last
4.88>s»4.88%
4.83isa4.33%
4.33>s<>4.88%
4.88is»4.88%
S.14^95.13>«
0.10 '90.13%
0.14>«35.13>s
40>«» 405||
OSTg* 96
95 ''s® 96
95''s» 96
95''s» 96
are quotations in gold for various coins:
$4 84
®$4 89
Napoleons
3 83
X X Reichmarks. 4 73
X Guilders
3 93
Span'h Doubloons. 15 55
Mex. Doubloons. .15 50
Fine silver bars .. 109
3 88
4 78
Sovereigns
Pine gold bars
a
®
9
4 00
®15 75
®15 65
® 109%
par. 9
Boston B«iiK«._The
Hprem
—
—
—
—
—
—
—
Dimes
A >« dimes. 98^3
90<4
~
"
Silver 14s and 188—99
99<«
Five francs
93
05
Mexican dollars..
86
87
English silver
4 75
4 80
Pm«. silv. thalers.
68
TO
Trade dollars
985s3
99H
New silver dollars 99%9 par.
9—
»—
a
9
\
following are the totals of the Boetoo
banks for a series of weeks past:
Loans.
1878.
Dec.
Dec.
Dec.
2.
».
16.
1 ec.
21.
Dec. ad.
1819.
7»»
26I4 .Jan. 6.
4i« Jan. 13.
514
Demand.
00 days.
10.
.
7»9
6738
103% 115
dates are given below
The statement includes the gross earnings of all railroads from which returns can be obtained.
The
columns under the heading "Jan. 1 to latest date" furnish the
gross earnings from Jan. 1 to, and including, the period mentioned in the second column.
.
Mat
—
Prime bankers' sterling bills on London. 4.87'4a4.88
Good bankers' and prime oommercUil.
4.8r.%a.4.37'j
Good commercial
4.851s Sj>4.80is
Documentary couunercial
4.851a •'«4.80i«
Paris (fraucsi
5.18%a5.15
Antwerp (francs)
5.20 «5.16i4
Swiss (francs)
5.18%a5.15
Amsterdam (guJWers)
4014a 40^
Hamburg (rolchmarks)
05 9 9519
Fninkfort (reichmarks)
95 » 951s
Bremen (reichmarks)
95 » 9513
Berlin (reichmarcks)
95 9 951s
72% 87
13.687 73'eJan. 3 91«»May
2,727 112 Mch. 24 120 Feb.
42,288
7^ Jan. 4 1658 May
8.600 1039 Jan. 13 1559 Feb.
440 123 Jan. 2 148's May
207 101 Jan. 4 110 May
26,018
13 Jan. 2 2919 May
9.340
7 Jan. 2 I719 May
21,405 25i3Jan. 2 4514 May
7,222
319 Jan. 8 1138 Apr.
18.385
A^ Jan. 21 1319 Apr.
2,437
931 Jan. 23 28 "a Apr.
10,400
4^8 Mch.
23s Jan. 16
23.203 5715 Jan. 31 81
Feb.
32,943
ITfl Mch 13 37% May
112.911
9439 Jan. 7 1 14 May
latest railroad earnings
for
1878.
Week.
Shares.
Morris
497
'
of N. J.
Alton.
Bur. Jk o.
nt.
—
.
— Uit^ oanilngs roi>ort«d.—
m follows:
W^
;%?r"«:
1
(;hroni(;le
Sniul* Houth
Cblo.
.
.
Jan. to.
Jan. ST.
Feb. 3.
Feb. 10.
Keb. IT.
Fe
>.
»4.
Mar.
9.
in.
Mar
<
Specie. L. Tenders. Deposits. Circulation. Agt- Clear
S
t
s
t
»
146,^98,^00
2,863,400
55.713,?00
127,.iai,300
2.1-:9,!lfl0
54,0->,<«.0
fS.ll 1.400
25,100,000
»,937.2<)0
36,397,804
<6,1«4,I0$
42,3.5«.388
2.5,4*4.700
«5,.1S9,400
45,064,725
38,488,361
62,163,732
4U.l7l.697
46,764,891
43,783.114
127.483,800
2,8.10,600
8,655,500
8,11«,900
7.483,500
128.8«,70)
2,6S9,<«0
2,851, JOO
6,416,400
!3?,«!0,000
3.351.900
6,l#i,8»
59,5».I0O
25.616,400
1S4,65\600
3,S!i8.6lO
3,-3V»0
5,93 ',800
5,11»,7O0
61,li0.400
MS, 4%4)0
N),<lR8,600
t.3«.79n,6.X)
.3.842.500
5.2.10,200
61.717,200
25,6:14,800
',600
2.5.500,100
13!t.»r9.500
139.^91. '00
3,927.500
.3.8ifi,-;00
144,930,010
3,7C8,300
14-1.799,200
14l,»'>9.200
3,M5,100
130,098,800
7,*«,300
141,623.^0)
3,623,7
3,6«4,500
I41,.%9,.300
3,M9,9i0
5.127 900
4,120,«))
4.4 6,5(»
4,27:V'W0
4,.«1,300
4,6V,50i)
4.150,300
55,932.300
5«,433,300
56,217,600
64,:9'i,a00
61,190,100
1,9.770.100
3V61
25.436,600
2).56«,800
*5,545,800
25.431,100
4I.S»,6i8
47,534.405
47,'S0,3«l
45.3.34,CM
46,349,291
63.215.9
10,826,700
67,028.30)
65.871.100
64.050,100
^^.«13,100
25 5-a.OOJ
48,733,8:)1
2.M45,500
4ii,90T,56»
6.3,415,100
25. 418,200
2\827,8')0
26.0:4,200
Mar. 17
Mar. H.
Har. 31.
Apr. 7.
14O.44\K)0
3,6ic],800
4,713,6.10
140,033,100
H«,001 101
:<.64<,''00
3,>46,200
4,^9 ,000
4,291,100
Apr U.
138,.300.400
3,684,
00
3,8<)5.800
6I.*21,500
6:i,Ml,ni0
2."i.:199,-00
4M39.465
137,169.400
3,«5\W0
S>*,2l\fX)0
I14,th2,fO,)
May
May
5.
li.
133.22 ,500
112,953,200
3,b27,700
3,600,100
3.483,700
3.8;7,800
3,861,000
6-.',99 •,0.>1
A or.
21.
S8.
39,89r.020
44.878.942
41.207,392
51,936.677
60,25J,400
«0,n»3.900
26. .30.300
2''.29'l.600
5\505,5n
3.583,00
4.1!t4,300
•«,868,80O
2 ..aS8,800
6',5ti,!l7
Apr
Oovemmcnt and banks, loss
PblladelplUa Baalta— The toUla
*
Other than
47.!/;8,840
Clcaring-Housc checks.
of the Philadelphia bauka
are as toUowg:
Loans.
Specie. L. Tenders. Deposits. Circalatlon. Agg. Clear.
1679.
8
t
t
t
Dec. 2.
Dec. 9.
Dec. 16.
Dec. 23.
Dec. 30.
57,461,311
5;,7I4,763
67,353 6 .«
51.101.459
56,949,772
1,946.959
18,0ai.453
12.140,471
12,640 356
18,230,313
13,127,107
45,144.517
44,316,112
1,996,0..9
2.056,3n7
2,168,141
2,461,523
41.240,0.^5
44,650,121
41.903,227
S
11,315.811
11.336,822
11,334, 75
11, '79,546
11,371,486
S
21.19^362
Sr.598,591
2S3»,ttl
32,208.916
26,110,362
1879.
15.873.233
15.5!6,587
15,401.131
45.69J.7.'l
11.364.651
11,343.315
11,340,673
11.325.5 a
11,310,793
17.
24.
57,*r2,291
57,777.3}1
61,673.619
57.614.473
57,138,02)
56,14 1.6S4
86,912,78^
57,012.193
51,600,832
58,368.231
^S.486,555
f 8, Via,? 15
31.
t9,00f>.342
15,930,850
16,519.113
15,914.566
15,754.299
15,947,738
15.9 '9.855
15,859,150
15,860,^68
11,890,994
Apr. 7.
Apr. 11.
59,«94.0.'.9
13,701, t.'a
4\lll,747
11,365,473
11,361,590
11,422,018
11,5 0.1»
60.554,971
00,518.117
60.122.532
60,174,972
59,914,320
14.022.748
14,SI6.635
14.369,K17
14.9:8,9 '9
15.383,583
46..V2 rsj
11,809, «4C
41.23S.8-.2
11,51(^288
11,903.643
11,4 B.S21
I), 492, 197
.Tan.
8.
Jan. 13.
Jan. 20.
Jan. 27.
Feb.
Feb.
3.
10.
Feb. 17.
Feb. 24.
Mar. 3.
Mar. 10.
Mar.
Mar.
Mar.
Apr. 21
Apr. 21.
May
May
5.
12.
l.^,683,053
45,010.219
45,5»,(>2I
45.281.816
45.273.026
44.91',027
44..57 6.401
45.878.745
46,023,631
46,n'i.571
45.56:1.4 8
45,256.361
45,6.36,151
47.c44,'99
47.6J«,SK8
47,7
AOW
11,309.(-58
11,SI)H,121
11,333,414
11,321.223
ll,847,m»
8l«l6.a3»
31.826.979
33,644.139
29,942,3.'^
30.1<8,(82
31,163.572
80.293,8(16
21,312,(192
31,151,942
38,371,301
w,«5«,8ae
st,itMe3
29.945.441
38,883.745
Sn.961.«40
38 407 056
34.295.148
37.64 i.8l>5
40.016,183
. .. .
t
..
.
..
....
.
THE CHRONICLE.
498
—
New
—
.
.
1
..
.
XXVm.
[Vol.
MOSTOK, PHIliADEtjPrtt.l. Btc-Conttnued.
Tforfe City BauKs.
The following statement shows the
condition of the Associated Banks of New York City for the week
ending at the commencement of business on May 10, 1879
Bid.
SKCnjEITIKS.
Ask
SKCtJBITIBS.
:
Banks.
Capital.
Average amount of
Net dep'ts
T
Mnnhattan Co.
Specie.
Merchants
Union
America
Phosnix
City
Tradesmen's
FuJton
Chemical
Merch'nts' Exch,
Gallatin Nation']
Butchers'&Drov
Mechanics'
&
$
8,267,500
6,251,600
6,676,600
0,322.600
2,000,000
2,050,000
2,000,000
2,000,000
1,200,000
3,000,000
1,000,000
1,000,000
1,000,000
600,000
800,000
1,000,000
1,000,000
300,000
300,000
200,000
.
Mechanics'
Tr.
Greenwich
lieather Man'f rs
Saventh Ward..
State of N. York
American Excb.
300,000
800,000
5,000,000
5,000,000
Broadway
Mercantile
290,000
1,272,2IK)
223.000
204,400
1.664,600
2,070,700
877.100
2,957,000
11.080,000
205.000
57,900
174,200
48,000
15.500
200,700
62,100
0,200
1,134,000
893,!KXI
81X),000
Commerce
54:J,40O
.
2,008,200
1,059,3(X1
4,9,-)8,700
1,592,800
871,000
640.000
2,657,100
291,000
2,566,000
241,600
519,500
2,843.200
608,800
757,000
105,700
247,000
173,200
8,377.100
5,(H5,600
3,0S8,0(.»i
7,175,100
2,291,000
8,623,100
1,928,000
1,267,400
11.620,700
2.704,200
2,865,900
1.016,100
1.085,000
815,700
2,171,100
456,500
201,000
628,800
1.550,000
5,973,800
499,600
357,100
662,300
682,800
665,000
173,600
404,000
790.600
419,900
285,000
78,100
25S,9(X)
20S.0IJ0
379,800
1,731,7(X)
3(X!.600
1,-207,8(KP
351,300
2,889,000
69.2(«
5(>(i.000
29,300
9.>5,o00
2,5»4,5(XI
3,679,60(1
10a,OlX)
48.90tJ
83,000
536,10(1
118,300
467,000
1,756.000
44,6(Xl
19,2(X)
170,000
1,015,500
612,900
3.6,S5,200
728,366
899,800
5,4<X)
270,000
210,800
2,187.300
246,800
3.900
347,700
450,000
445,000
4,700
780,300
1.226,200
2,185,000
17,177,600
13.963,100
547.200
496,400
738,000
609,100
426,600
12,a57,400
6,728,000
57rt,0(Ki
3,706,700
77,300
117,800
8:3.800
4,5(Xl
198,000
2,700
383„300
36,700
45,000
177,000
1,828,000
898,500
179,300
885,600
a8,KX)
81,200
1,000
1.111.300
2,507,3(X1
444,0(X1
1,574.000
168,(10(:
500,000
109,9(X)
118,400
101.000
8.54,700
1,104,(K10
532,81X1
305,.'500
143,700
1,050,.500
1,470,(KX)
209,000
397,000
269,.500
7-22,600
2,5:39.000
3,4S1,6(X)
1,124,000
2,007.600
829,700
172,200
220,000
10,218,000
5,239,800
781,400
820,100
.360,500
1,287,8(X)
797,700
268,100
224,300
180,000
282,300
495,800
1,789,700
1,911,500
270,000
868,30(1
55,800
21,0(Xi
14,»(«1
137,400
60,300
.
45.0(X)
60,8715,200 242,941,000 18,745,600 53,576,700,224,937,20(1 19,68,8,000
deviations from returns of previous week are as follows
Inc.. t3,583.,800 Not deposits
Inc.»10,605,500
lioans and discounts
:
I
The
Inc..
Inc..
22S(,400
4,i;«,'2O0
Circulation
STATE AND CITT BONDS.
do
do
do
Int.reg. orcp.
reg .....;••.
5s,ncw.rcg.,1891^1Wi
5b, g'd,
58, cur.,
68,10-15, reg.,l'7;->.!.
6«, 15-25, reg., 1882-9?.
do 68,n.,rg.,prlorto
Oct.
Oct.
Nov.
Nov.
Nov.
Nov.
Nov.
Dec.
Dec.
Dec.
Dec.
14...
21..".
28...
&
40,7-29,100
19,«01.'.>(ia
!«I,1KS2..tO0
211,098,700
19,HS»,T(10
;l92,S78,-29:!
40,210,(KX)
215,4.13.4(M)
19,(X14,:100
48.s,571,.5,5:!
89,153,400
210,7:17,600
-209,752,100
207,184.8(X)
1».906,400
408,90:!,425
19,90!t,400
460,572,737
19,961,900
20,007,000
20.058.200
20,141.000
20,077,000
19,578,700
404,0.37,742
;W8,-238,659
24,144,100
240,23.1,'200
26,373,-2(X)
237,645,500
25,405,400
23,414,400
39,938,'200
40,5'«,2(X)
7..
2:14,917,700
238.4,'W.400
2:i9,815,500
14..
21..
26..
•2:18,047,-21X)
•2fl,K'-i2,9(X)
235,974,100
235,824,400
20,911,5IX)
20,514,100
4..
11..
18..
234,250,000
20,988,200
41,8.32.600
206,173,000
2:10,(182,000
18,902,4(X1
45,065,400
23:1,188,400
200,4S2,-200
211.5IKI.600
2.34,416,2(XJ
1..
238.-241,400
24-2,280,200
17,:144,(XI0
17,4:11.71X1
18,8;!;!,300
49,(I63,8(HI
25..
30..
370,111,767
4.53.971,384
424,149,9(X)
482,-291,920
244,511,8(X)
-2..
9..
16..
23..
248,.593,1(X)
-245,108,4IKI
3;>:i,8(m.566
19.,593,100
42,0.5O,.80O
248,6:!4,,'i00
«
330,877,791
22,967,41X)
41,275,700
'206,797,'2IX)
'20,169.7(X)
:19,961,000
40.478,5(X1
39,(HX1,(KX1
-207.058,61X1
2(Kt.lS4,4(K)
20:1,8-25,600
40,787,000
203,209,700
4:)8,695,'221
380,741,610
421,244,872
325,096,134
1879.
Jan.
Jan.
Jan.
Jan.
Feb.
Feb.
Feb.
Feb.
Mar.
Mar.
Mar.
Mar.
Mar.
Apr.
Apr.
Apr.
Apr.
May
May
8..
16..
21..
17,849,:100
244,18«,.'500
18,059,500
244,(»)7,000
5:|,.")99,8II0
54,048,800
51,135,400
611,074,0.s2
19,427,100
19,398,800
493,410,515
218,382.600
19,3,35,900
4:14,908,904
42,051,800
213,.l-29,700
2l:!.'293,100
210,5«:i,3(Xl
19,232,4(W
518,297,775
19,-230,(KX1
501,321.-27(1
19,3:15,200
40,072,100
200,255,000
45,-2-24,.5(X)
•2(M.5I4,'2O0
19,290,900
19,512,100
19,635,500
19,698,100
19,721,200
19.707,600
4flO,417,4-«
413,892,7:18
:l0,lt3,4(K)
206,.591,400
198,945,(KX)
193,121,7(X)
193,:103,700
49,440.500
53,676,700
214,:)31,700
224,937,-200
8..
247,674,-200
16,945,-200
40,i5M3.8(X)
15..
22..
29..
•240,:!24,.500
24:1.8:19.800
39,173,41X1
36,972,8(X1
5..
236,H;«I,600
1-2..
230,442,900
231,151,300
231,096,900
17,312,400
18,803,700
18,446,800
18,865,000
18,901,900
18,875,600
111..
18,2-28,100
18,518,-200
242,94I,(KX)
18,745,800
QUOTATIONS
424,413,-2-25
486.2-22.51(1
5(17,;13I,749
19,488,6(W»
248.718,900
2,S9.357,8(X1
19,787,600
19,817,000
217,271,-200
1..
19..
20..
3..
411,,598,700
48,.S34,80O
45,377,(KX)
17,9:!1,3(K)
10,4.58..500
240,458,500
214.9M1.200
219,219.200
19,R4,8,800
19,785,0(X)
34,-268.lXK1
81.816,.800
219,.3.87,3(X)
4,52,720,4;!:l
399,872,(->.")7
461,180,057
423,259,559
487,.843,450
508,108,o:)o
10,ftS),100
646,7»8,(!-2,t
19,088,000
591,290,770
BOSTON. PHILAUELPIIIA AND OTHER CITIES.
IN
& Dola 1st 6s, rg.,'8e
Delaware Division 6s, cp., .8.
Lehigh Navlga. m., 63, reg.,'81
do mort. Rli., rg.,'9;
(to m. cor.v. g., i-^g.,'94
do inert, gold, '97
do cons. ni.7s,rg.,19l'.
Morris, boat loan. n-g.. 1885,.
Pennsylvania 6h, coup., -.910,
ScbuylK. Nav.lst m.bs.rg.,'9I.
2d m. 6a. reg., 190.
do
do 6a, bQai*car,rg.,19:S
Cheaap.
cp., 1»1J-
reg... ..
7«.w''-'rln,rg.*c.
.lo "8, <ilr.unp..reg.,'S3-35'
1C4
and coup...
N
exempt, rg.Jfc coup
do
Camden County 6s, coup....
..
Camden City 63, coupon.coup
78, reg.&
do
Delaware 68, coupon
lOdH
UarrlBburg City 68, coupon
Jerseyea.rci;.
.
do
do
C»tawl68«.....
pref.....
do
new pref
do
85
40
9
40
39
...
....
& Bound BrooK...
East PennBVlvanla.
Elmira & vf llUamBport.. ....
pret.
do
do
Har P. Mt. .Toy & Lancaster
Huntingdon di Broad Top..
do vet
do
Valley...
Uttle Schuymlll
r.O
fS
53
All
103
12
12»,J
!!8..i
4«
3;h
Pennsylvania.......
Phlla-ielphla* Erie
&
Plttsbursr Tltusv
'MM
Baltlinore
20J«
5
& «"«.•
& Duiuth U.«. Com
do p.ef
do
anlted N.J. Companies.
West Chester consol. prcl..
WestJersey
=1.
"5K
HU,
Paul
9t«
32
35
143
"4«
RAILROAD BONDS.
112
113
18
110^4
117
:i7
117
120
117
117
lis
118
1-20
Hi
;17
Par.
.10(1
Western Marylaul
5ti
&
28
1
27
5i-i
Ohio....
* Connbllavllle..50
10
RAILROAD BOKDS.
Bait.* Ohio 6a, 1880, J.& J.... 102M,103
68, 18S5, A.&O.
107 jui7»i
do
5
.
tJ. W. Va. 3d m..guar.,'85,J&J 11.14
Plttsb.* Connell8v.'.s,'9S.JS!j 1U9
Northern Central fs, '85, .'*J 108
do
68, IVKKi, A..tO. 1011
do 6a. gkl,l«00, J.4J. 13
Cen.Ohio63, l8tm.,-9u.M.*S. 107
'
'8...
'il..
Cln.
7s,
".14,
K.* A
Ul8)i
108
!'I4
lOS
U5
110
lis
«e
118
117
I'Sl-^
1554
101
I3K
rlNCINIVATI.
. . .
103
107
110
01
...
People's Gas
lOH
1U2
Camden &Amboy
*
Baltimore tias certilicates... 100
Inc. 7s, end.. '91
Ist m..6s,lM)2. 110
do
110
118
110
-Jd, M.&M
do
SsS.I.J.ftJ
'lE'^
do
Union RR. Ist, guar., J. * J., 1071^
Can on endorsed. 107>t
do
MISCELLANE0C8.
.^leghej^yVa..,7M08.t39J^,^ 113
2d m.63.
31 ra. 6a,
{\t
no-
106
lOBJtf
Wash. Branch. UO 110 IJO
do
Parkersb'gBr..5U
do
3
8^
50 lOJii 17
Northern Central
Mar.
.
Susquehanna
f»o
RAILROAD STOCKS.
100
100
—
Morris
do pref
Pennsylvania...
rkl Navigation....
ScUuylltlll
pref.
do
do
110
II.
W. Md. 6s, 18t m.,gr.,-90,J.*J. 114
do Ist ni., S90,J. & J... lii3
114
do 2a m., guar., J.* J
20M 20X
90
do 24 m., pref
51
do 2dm.,gr. by W.Co.JiJ '.08
do 68.3d in., guar., J. & J. 115
Delaware UlvlBlon
Lenlgh Navigation
Belvldere Dela.
74
65
Pittsburg
Philadelphia* Trenton
90
74>4
."
Bait.* Ohio
87M Central
10
9-**
lOOX
la
U
38
40
100
99ts
BAL'ri.TIOKE.
40
41
52
UinchlU ... .•;;•;:
Nesquehoning Valley
Norrlstown
Northern Pacinc
pvet
do
North Pennsylvania
97
89
Maryland 68, d.-fense, J.& J.
68, exempt, IbST ...
do
6--, (89U. quarterly..
do
40J1
OS, quarierly
do
40
Baltimore 63, .SSI, quarterly.
do 68,:8S6, J.&J
do 6s, 189.1, quarterly...
do 68, park, 1890, ti.—M.
do 68, 1893, M.*S
do 6s,exeinpt,'95,M.&S
1900, J. & J
do
l"90i,J.*J
do
35H
Norfolk water, 8s.
...
Delaware
LeWgh
107
107H
107>i 110
Ts,boat*car..g..;9
.usquehaniia 6s. coup.. .9.&.*
d.i
.
RAILROAD STOCK?.
Camden a Atlantic...
pret-
4?
40
West
ic'ft
West
Ist m. 68, cp., '96. 108
do
103
1st B1.7S, '99
do
Western Penn. KK. 6s,.p.-.S99 99St lOC)^
100
68 P. B.,'96. 93
do
CANAL BONDS.
95
CANAL STOCKS.
210,04t,2<H)
208,144.(«I0
1,S,991,100
15.547,8IX)
19,860„')00
12..
19..
26..
103
IC8«
MlegUeuy City 7a. rej.
PlttsBurg 4s,coup., 19U-....
5b, reg.
68, gold.
W.,lst m..58,'2i
r. 18tm.78,'9t>
114
Chester cona. 78, '91
Jersey 68, deb,, coup.,'8E 95
do 68,n.,rg.,;S95&over 1'20«
Allegheny county 5«, coup..
do
do
do
&
Warren*
do 61, In.Plane,reg.,l»i9
PhlUdelphia.SBreg
103
6s, old.reg....
do
Chesapeake* Delaware
Agg. Clear-
Specie. L. Tenders. Deposits. Circulation.
»
»
*
»
»
244.21.5,100 18,554,700 48,891,200 218,269,000 19,478,.300
245,377,400 18,.'1'22,8(X) 4R,5:3S,4(X) 217,301,000 19.816,300
24e,322,.500 1S,19»,6(X) 45,680,700 218,a32,IXX) 19,817,800
247,881,9<X) 17,.')99.7IX) 43,:«!2.2IK1 214,103,400 19,577,5(K)
Sui.b. Haz.
Suubury & Erie ist m. 7s, '97..
Texas & i-ac. Ist in ,68, g.. 1903
cons m..6,',g.,1905
do
Inc.* 1. gr ,78 i9i5
do
Union* Tllusv, Ist m. "8. '90.
UuUedN..l. cons. m. 6s. '94..
33>s
PHII.ADEI.PHIA.
Penna.
do
j
following are the totals for a aeries of weeks past:
1878.
Sep.
Sep.
Sep.
Oct.
Oct.
4,900
Inc..
Loans.
.
.
PnlUdeipWa & Kcadmg
The
Specie
Legal tenders
.
.
Vermont & MaBsachusetts.
Worcester t Nashua
Phlla.Wllinlng.
Total
PI1II.& E. con8.m.68,g.i,191i.
do conv. 78. !»93'
New York tt New Bngland... 36)i "36H
do
78, coup, off, '93
Northern ot New Hampslilre S7>,
123
158
ro
C.& 1. deb.lB.s.'.! 43
Norwich iS Worceeler
do
deb. 78. cps.oC
OKdenBD. <t L. Cnamplaln ... 19H 20
62
83
mort.,
pret..
do
78, 1892.:j
do
lOlK 102
Phlla. Wllm. & B»it. 6s, '81..
.-•.:•
Old Colony
Pltts.CIn.ASt. L. 7b, cou., lECv 1C75< 107H
rortland Saco & Portsmoutti 97
Shamokin V.& Pott.sv.78, 1901
Pullii a P.ilacc U«r.
70
Stcubenv. & Ind. Ist, 6a, 1884.
PueiiloA Artnsas
13
Stony Creek Ist in.78 :9ll7....
....
Rutland, preferred.
519,700
524,800
24,90(1
329,(KXi
2,119,;i00
.
1,100
16,800
27,800
422,700
382,100
369,500
62,800
105,900
.
44,000
500
79,400
44,500
133,500
.a^.soo
1,346,1)00
4.871.100
3,254,500
.
S.
8,269,300
99,10(1
10,203,.S00
3,628.000
1,600,000
8,236.300
460,000
1,318,500
412,500
People's
1,695,70(
700,0«0
North America.
5,628,800
Hanover
1,000,000
2,122,300
500,000
Irving
Metropolitan
3,000,000 12,111,(K10
l,443,4tXI
800,000
Citizens'
l,977.9(X'
Nassau
1,000,000
2.'<!48,4(Xi
Market
500,000
1,726.600
600,000
St. Nicholas
3,114.000
500,000
Shoe & Leather.
3,075,300
Corn Bxchangc. 1,000,0
3,807,700
Continental
1,000,000
1,.'?«3,400
Oriental
300,000
2..307.0(XI
400,000
Marine
Importers' & Tr
1,500,000 15„'S48,eO(i
Park
2,000,000 10,613,(KX)
612,800
500,000
Mech. Bkg. Ass'n
5;!2,700
Grocers'
800,000
743.200
240,000
North River
740,4(X>
Bast River
250,000
409,700
100,000
Manuf'rs& Mer.
yourth National. 3,200,000 14.120.300
7,226,00(1
2,000,000
Central Nat
2,877,000
Second National
300,000
3,523,900
Ninth National..
750,000
8,109,7IX)
First National
600,000
5,45;l,imi
Third National
1,000,000
l.2«5.2«)
300,000
N. Y. Nat. Kxch.
1,170,500
Bowery National
250,000
l.lOS.lfK)
200,000
N. York County.
1,937,00<:
g«rm'n Americ'n
750,000
3,510,400
800,000
base National
<•'""•
1,987,400
8,181,000
8,340,800
3,423,500
2,909,100
2,228,900
2,188,000
3,112,500
1,230,700
1,703,100
5.487,300
2,019,300
8,041,000
1,882,400
1,732,000
1,000,000
1,000,000
Pacmc
Republic
Chatham
,
Circula-
other
TenSers. tij^n u.
$
525,500
462,300
402,700
562,500
291,200
4,02:1,500
8,000,800
2,530.000
6,719,100
3,072,000
1,407,500
11,291,800
3,429,400
3,652.600
1,263,000
1,170.000
Legiil
100
..••
KM
^,
,
Loans and
discounts.
New York
Ha8h-ja& Lowell
Cincinnati ts
100
108
t
6s,coup,'rt ni4
..
7s
t
do
68. coup., 'a9 IOC
..
do
7-3I.I8
t 114
do
mort. 6s, '89. ..
do
South. KR. 7-308. + listj
do
78,g..lTO
iin
C»m.*Atl.latiu,
do 68, gold.1 lO'.)i
do
2din., 78, cur., 18.9 10 !« i62K Harailton Co.,0.,66. long...1 100
do
Cam. & Burlington Co. 6s, u"
78, llo5rre..t 101
00
105
7&7-.'JOs,long.1 108
CatawlBsa Ist, 78, conv si.
do
chat. m. ,10s, '88
do
Cov. Bridge st'k, pref. lOO
Cln.*
108
new 78 19ilO
do
Cia.Uam.* D. 1st m. 7.s, '80 t UiOX
109
connecting 68, l«0O--i9O4 ...
2d m. 78, 'S5 t lOO
do
Chartlers Val., Ist m. .s,(. .,190.
Cln, Ham. &Ind., 7s, guar..... 60
Delaware mort., bs, various.
102}^
cm.* Indiana atra.Ta
ist,
is. 190d 114
Br.,
Bound
*
Dr-l
2d in. 7s, -."..t 85
do
East Penn. 1st mort. la, 6S
Colum. * Xenla, lat m. 78 ,'90 104
El & Wmaport, ut m., ib, oO. HI
Dayton & Mlcb. Ist m. 78. '8i+ \i]l^
58,perp ...
tOH
2ilm.7a.'s4.t 100
do
do
Harrlsburg Ist mor'. 6s, 8.1^
3d m. 7s, '88t 95
do
West. iBim., '81... t 100
H. & B. T. ist m.7e, gjid, 90.
Dayton*
'2d m. IS, gold, 9o.
ist m., 1905. t 90
do
do
38
Sdm.cons. 7s, '95
fe«
do
Ist m.fs, 190.J tc5
do
Ithaca* Athens ist g d. ;B„'i
Ind. Cln. & Laf. 16t m.7a
Junction ist more. 6', 82
do (I.*C.) 1st ni.73,'8S-t-il02
2d mort. 63.1»J0
+ 100
do
Little Miami 6s, '83
L.Sup. &Ml8S.,l8im..7sg.«
5
Cln. Ham.* Dayton stock...
Xenla stock
Lehigh Valley, Ist.Bs.cp.. .898 lll»i'118
Columbus*
do reg., 1891... llOJs 118
do
Dayton & Michigan stock.... 22
1910..
121
reg.,
...
m.,:s,
21
Bt'k.guai
do
«. p.c.
100
do
do con. m., 6s,rg.,19« LO0a» 107
Little -Miami etocK
105H
6s,. p.,19 3
do
do
1,0U1SV1L,1.E.
I
.
114
103
102
110
.
loe
102
.
.
.
S5)i.
110
25
i
BOSTON.
Maine 68
New Hampshire
Vermontes
SSOrRTTIBS.
Bid. Ask.
SSCrUEITIBS.
f^artford
Bid. Aak.
& Erie 7s. new
XKH
Ka-'.riiy St. Jo.&C. B.-B.
New York & New Kng.
68
D^densbur^
..
..
& Lake
.
m.6s, cp., to.
North. Penn.
3dra.ls,cp.. 96. il8
do
do gen. m.78, cp.,ia03.
do gen. m. 7s, reg., 190-^
3R\
83^4
lOV* 108
....
Oil Creek Ist m. 78, coup., Si.
B., .8, cp., 96
rittsb. Tltusv.
scrip....
do
N.T.C. *' RU.78,!S9a
Oid Colony, 7a
MassaChu&etts 5s, gold
Uostoii 6s, currency
*•"
...
Omolia & S. Western, 8s ....
Pueblo & Ark. Valley, Is
Kutland 89,l6t mort
&
:6s
108
Pa.&
uuu, 86
do
M unlclpal 78
«
Vermont x. i^anada. new Bs.
Portland 68
Atch. A Tcpcka 1st m.7s
11394 n:-i« Vermont&Ma88. ttu.,68
STOCKS.
do
landgrantlB I1.HI4-WU
IU% 116
do
2d 7s
llft-^ Urt"^ AtchlFon & Topeka
lan't Inc. Be.. HH
do
182 (i 133
108^^ Boston & Albany
Boston* Albany 78
fBoBton & Lowei'
l^v)
am, 70
lu |iiiK
do
68
'Bo8tou& Maine
BoBton & Lowell 7b
;i2
Boston A; Providence.
Bo8ton& Lowell 6s
BurllD*;ton& Mo. in Neb...
125Ji 128
Boston & Maine 78
117
ii7m; ChePhtre preferred
27J^I -29
boston & Providence 7-'
Chic. Clinton Dub. & M!a.... ....
40
Ciu. Sandusky & Clev.......
Burl. & Mo., land erant 78. .. 115
7!<
7M,
do
Iseb.Ss
iu&% 106
73Ji
Pennsylv., Ist m., 68, cp., 89.
gen. m. 6s,cp..I9iO
do
een. m. 6s, ig.,1910.
do
cons, m.6^ rg. ,190a
do
cons.ui. 6s. cp., 190j.
do
do
Pe-n. o
(
&
PasBumpsic,
7t~,
Conn,
189;.
new.
...
ritchborgUK.,fis
do
7e
Kan. City Top.& W.,78, let
do
do
78. Inc
70
& PasBumpslc
70M Eastern
41
(Masa.l.
Eastern (New Hampahlre)...
•
Fltchburg:
iosM,
.6i.
6b, rg,'3l|
reg
-.-.i
4
45
13',,'
Louisville 7a
68,'82to'87
do
68, '91 to '9<
do
VHH
105
UH
US
115
114
107 J4 109
loOiu 109
..
'
Per
shrire.
101
101
101
101
101
101
105
78,'811
i(i2H lis
2dm. ,78
IBt Ul.,78, 1906....+ 111
.* Lex. ist m.78,'97t 108
Loulsv. C
Louia.* Fr'k.,Loul8V.ln,6a,
Loulsv. * NashvlUe-
112
108^
S.
101«.
t 101
6s, '86
ist ra. Leb. Br. Ex.,76,'8(!-S5.t 100,^ 101
68, »3. -t lOO'Sv 101
do
Lou. in.
& Ind. stock.
ST. I.OCIS.
Jetleraon Mad.
m
j
t .00
Leb Br.
'2^
1st m.63, coup., 97 SO
ist m.«8,cp.,-81
2d m. 7s, cp.,'S8
Read. 1 at . 6s, '43-'44 104>s
Erie
• In defan't.
M.*l.lst m. (1*M)
do
do
103
+
I
103>i 101
t lfl4W
St.LoulB Bs.lo.'g
tilOo
t
water 6«, gold
do
do new.t lOSJ,
do
do
bridgeanpr., g.68 t 105!^
do
es.t
gold,
renewal,
do
sewer, g. 6a, 9>-2;3.t loavt
ao
107
St. Louis Co. new park, g. 6s.t
T 106
Gur. 78
do
!
137
107
+ 100
water 6s,'S7 to '89 + 100
do
6s,'97.t ItlO
water stock
do
"
1(0
wharf
do
it»A,..T u* '89.t|10O
u«.
spec'lt tax6aof
Bpet;
do
QO
Loul -vlile Water 68. Co. 1907 + I04ai
Jeff.
ibsjt
103
-j;
,
'48-.1S'
do
do
2d m., 7s, (p., tr
do
dcben., cp., 'it'
do
cps. ot.
do
do
B8
70
scrip, 18^;.'.
do
In, m. Tb, cp,1896 0111.41 72
do
do cons. m. 78, cp.,19U.. 111-)41112
do cons. m. 78, rg.,19'.l.. 112 lr2M
117
,,
Kan. City Top. tt Western.
Manchester & Lawrence.... 138
.
io:«
1
law
*
do
Phlla.
.
Itagiern, Mtift6.,3>,s,
Navy yard
Perklomen
Phlla.
1
Conu.
119J4
120
1st
K.S7,«
..
cn.Ss...
"is
'-2
Little Schuylkill, Ist in. ?s
And
Intprea*.
.
Mat
.
..
,
,
—
'
..
..
.
.
.
.,
THE CHRONICLE.
17. 1879.
499
QUOTATIONS OF STOCKS AND BONDS IN
'
—
..
,,
NEW
YOUK.
U.S. Bonds and aetive Railroad Storku are quoted on a previotu page.
PrUei represent the per cent valut, nhiUtvtr tin par
HTATM IM»NW<I.
BciritiTm.
AIakHnm-0«,
Bid.
tStS.
B». IMMtl
^•^.
I'i'^fl.
S-.
WSM
M Mti.-.
K'
Rufuulu KK,
luitt. Rll
.t
\
.
RKrmiTiu.
...i
47
IlllniiU— Wiir loan
«
4?
Kwituelif—4Vi
LouldUnii—fl«
flu.
«
7
SO
is
47l<
i:i;i-s 11.
Oa
ft4
7». I.. UockAKI.SCMtl l.w.
Tn. Mi'iiMi. .V I.. Itoi'k Itlt
7». ),. I< 1". M. ,v N. <>. im.
A
MlM«.
7h.
a rkitliMiui
(),
Mm, .)f 1810
7m, oontolldatod
1». Hmall
rnnnon. 18TB...
d«bt
ao
No. Oar. KU.,,I. * J
not*
do
A.*<>
coup, off, J. A J.
do
do
coup. frff. A.AO.
Funding act, IWMI
do
IHUH
7», 18M0
Mlnonrt—Ss, due Itsat or 'H!l
<l«,due INM
^
IIIM
«M, line
iiiij
AHyhiMi or
lU
UN
lOtI
IHHOor 80
Iltiiv.,
due
'*W
KuiKllnit. IKIH !«
liannthul
do
do
,t St. .In..
110
lua
IHMH.
I'undlnii
su
[
ISl
]
ItwIB
iii.-t,
I8HU. i.
A
J
.
.
do
1881). A.AU...
7aof 1*88
NoD-fandablc
w,ii«w
84
84
Oa,
now
aerlea
Vlridnn—A», old
V
^
««. ni'W. INflfl
««, iww. 1H(17
6a, CMmMil. bunda
8a. ex mutured coupon
<i«, cona4il., ad aorlcs
A
7
a
»M
a
iw
Ohio-*!. 1881
Aak.
T«nneftae«—te. old
IM
claaaa
vlaaa 8
BM.
A Oct
Land Com.,
lai
IWI
Bpttctal tax, olaaa 1
lOSdi
April
14
14
RR
Chatham
I
III
lOJ
Now boDda, J. A J
do
A.&O
as,duelNH7
8s, dnelHNH
no
I
Rhodii laland-fla.roap.'US-O
Hoolfi (arollna—ia...
J«ri. A July
IIMI
ao
80
KKCI'IIITini.
ton
110
107
A.AO
old,
•la,
aii.ii»«
e
IHOT
flfl.
do imiv....
iHKl
«M, do
North l'«rollu»-6a,oldJU
w
80
do nt 187S
Bid. Ia.Ii.
Bt. Jo..'H7.
Viirk-fl.. (Old, r«it.,'W
Oa, •[i>ld.i'<.>iii..
Om, luwii, IHKI
1M(I1
0«, do
ao
80
Mlohlnn-O*. 187B
IDS
loa
7™,l!..l,l
41«.
08
^
1H
11. K. Kit...
i'uDtrul UK.
Comii'rt k'llt—6»
O.-.>rKhi-0«
7.S. in'w
7h. ciKlorsed
llMnnls
Hii,
IS
7
.
7.H,
48
7»
ClussC.atoS
ArkiiiMif*—•«, fitndod
Now
m
HO
n«w
Am. now flnttt iDll
7m, iienttontlary
ttM. iQTHtf
H«. do
S(>
•ECritlTIM.
MiMouli— lUn. A
lOB
may hf.
Off.
104
doforrod
n. of Columbla-S-OSa, 1«!M.
Hmall
Kevlrtered
(P
ICKVl
n»><
«a, 1886
RAILROAD AND BIISCELLANEOVS MTOCKD AND BONDS.
Del..v
Kallrond Sturka.
Cbuau|>eiiku
.V
.
1.0IIU Inland
A
New J^THov
St.
io<4
do
«<1mort..
do
Sdmort..
do
lstcon.,guur
Rens.A Saratoga, 1st, coup
do
1st, reg
Dony.AR.Grande-lst.1UOo
Brio— l.stmort;. extended..
6
100
54
108
67" 68
Najibvllle
.«
A
.
Olilo, Ist prf.
Na-shrllli' that.
7». '(M
lat Pa. dlv., coup., 78. 1017
do
reg., 7s. 1U17
Albany Susqueh., Ist m.
»1
do
do
ad pr«)f.
Chicago A AUon. prof
Bubuuuu A Sioux City
Harl.-m
Loulxvlllo
U. Can.— coup., 7«,l»4i li«
Reg.
{Artiri- I'f.'rtnllfli/ ifltnteit.)
AUtiinv ,v Suojih'liunna
Burl, (o.lur ICiiplils A .No.
Loula.
Southern
N. V. Kli'vuted, vx priv
\. V. Ni'w lliivvn ,t Ilurtr
01)lo\ Mississippi pri'f....
ruts, 1-t. W. ,t Chli-. spcc'l
Reiissi'lm.'r A Saratoga
St. Louis Altou A T.
do
do
prof.
U
mortgage, "s, IK7«.'
3<l mortgage, 7s, ISKl
4tli mortgage. 7s, IH,so
5th mortgage. 7.H. INKS
2il
Hi
185
lot
161
xtaa
.
«j<
if
43
Dull.
I
A
\\9M
108
100
100
...
05?(
mort.
Ml
100
Peoria Pekin
.
.
.
«>
ilSO
Income.
B7K GH
Lake Shore
Mich S. A X.
A
Equipment bonds
102«
Union
109>illl0)i
Ind., s. f., 7s
Tol., sink. fund.
new b<mds.
IIOUI
...
lOtJiili
...
...
A Ash., old. 103«;
113^,118
do
n€
•"
Buffalo A Erie, new bds..
116
120
Buffalo A State Line, 7s.
104X
Kal'zoo A \V. Pigeon, 1st. tl05
l.\CO.ME
Det.Mon.AT..lst,7s,l«08
Lake Shore Dlv. bonds... 116 118
do
cons, cimp., 1st 119
do
cons, reg., 1st.. 118)^|'120
1st mort.. sterling
Motropollt'n Kiev— lBt.1»08
Mich. Cent.-Cons.. 7s, 1802
103>i 104
108
118H 119
109
New
.lersev
105
8s
Waterworks
illO
80J4
Endorsed M. A
Compromise
accum'e
C.
:
KR
I
t
i
funded
Montgomery— New 5s
1.1st.
f
New 3a
{lirokerti' Quotfttions.i
6s,
108
111
114
106
+105
New Orleans— Prem.,
5s
Consolidated. 6s
Railroad, fls.
•moH
Norfolk-6s
Petersburg-es
tin
106
43
40
102
106
+80
+106
+111
+101
+111
i.iig.
various....
105}^ Indianapolis— 7'3(^
Long Island CKy
Newark City— 7s, long
45
108
50
S6
IS
15
15
38
10
10
18
le"
80
im
iiiu
11214
100
101
107
KM
107
66
70
22
22
25
86
16
18
26
...
100
100
108
river
Hartford- 6s,
98
106
100
106
59
80
85
26
30
27
new
108»(
i
35
so'
4b"
Nashville—6s, old
CITIES.
105
100
...
j
.
Mobile— 6s, conpons on
8s, coupons on
6.S,
niacellaneona
C— Stock, 6s.
"s, F.L
—78. bonds.
Macon— Bonds, 7s
Memphis— Bonds, C
Bonds, A and B
noNDS.
int..6s,
S.
Cfilumbus, Ga.
110
66
i
Augusta, Ga.—7a, bonds
...
St.L.I.M.AS.,lst7s.pref.lnt.
7s,
South'n— Ist, 7s
Consol.,7«, 1903...
.V. Y. Central-Os, 1883
fls, 1887
6s, real estate
6s, subscription;
lii' illO
iVtlanta.
CITIES,
Ga,— ?8
Charleston,
60J4
89
50
M.AS. +100
Improvement
*\WH UUil 8s
•»112
Richmond-eei
115
mi^ nWh Cleveland- 7s, long
114^ Savannnah— 7h, old
HSH X.' Detroit— Water works, 7s.,
7s, new
Kli/.aheth City— Short
45
55
104;<j 1"5
Kciuipment bonds
'
Mo.k.AT
T.—Cons.ass..I904-«
2(1 mortgage. Inc., mil
H. A Cent. Mo.. 1st.. 18B0.
'
m
Albany, N. Y'.— 6s, long
Buffalo— Water, long
Chicago—6a. long dates
78, sewerage
7s, water
91
1st ?nort.,8s. 1S82. e. f
3a
....
81K 88
la., Ist
90
I
19M
cp.
Central of N. J., 1908
Leh. A Wilkes B. Coal, 1888
do 2d
do
cons, coup., 2d. 118J^!H7
cons. reg.. 2d .. 112J
do
LoulsT.ANa»h.-Con8.m..7s 111 [IIIK
tllKW<
2d mort., 7s. gold
107>S
So.
94
«K
KB
«0
DO
86
7s, gold, lfl«2-I810...I.A J. *I10
7a, gold,
I.A.I. +111
10s, pension. ISW...J.A J.| +<«
ni.,'0().
1900, registered
.
A Deciitur, 1st. 7s.
Marietta A CIn.— 1st raort
A
Illinois
Pac., So. Br.-6«,gld.l
Texa»-6a. 1893
'SI..
do ex
j
STATES.
do ex«p. tI08W
2dm., '83.... HOT
do ex coup 84
Tol., Ist
109
101 ««
So.Carolina- Coll.. fls(good)
Rejected (best sort)
do
Istm.. ex coup *e7
West. Un. Tel.-IOOO, coup. 110
.
IS'ushv.
do
do
do
Qulncy A
do
74
40
45
60
Southern Secnrltlea.
15
Gt. Western, 1st m..
40
is* 90
—
ex coupon
do
39
M
107
as
Extension
Tol. Can. S.A Det.-lat, 78, g'
I'nion A L'lgansport— 7s
Consol. convertible
100
70
46
43
1st m4»rtgagc. 7s (pink)
do
do
.
113
W.— 1st m.
•S6
2d mortgage, guar
Sand. Mans. ANewark- 7s..
South Side (L. I.l-lst mort
S<iuth .Minn.— 1st m..7s, 'H8.
100
Jst mortgage. W. D
Burlington Dlv
«d mortgage. 1886..
C^insol.. 79, IBIO
Pur. Com. rec'pts, lst,E.D
lOTU 108
KOSi
.
A J.— Ist m...
m
do
11B
103
Isl
Belleville A So. III.. iHt m.
Tol. Peo. A W.~l»t m.. E.D.
«118K 125
Ctevc. P'vllle
*38«
Income
.
Sioux C, 2d dlv..
It. Minn.. 1st m.
V.
do
Railroad Bonda.
A
'1'..
,
Indlanap. ill. A
2d mortgage
Clcve.
Ontario silver .Mining
Hoiuestake Minin;:
Stanilunt Cons. Gold MIninK
Pulliauu Palace Car
Rs, Koltl, series ij. Int. def.
6«, currencv, int. deferred
CbiutKo
Alton— Ist niort.
A
N'.- K. K.A K.,7s
10271 108
I02ri
K
1
St .L.A Sun K.-2d m., class A
1'
1031.2 lOSJt
Dlv.. Ist mort.,
t., 7»'
7:
2d mortgage, cinaa B
North Missouri, 1st M.,-s; ll:ijjl•16
do
class C
St. L, Alton A T. H.-lst m. »1 12
116 St.L.A H.E.-Cons., 7s. g.,'84
80
2d mortgage, pref.
85
St.L.VandallaAT.Il.-lKtm
lll.Cent.— Dub.ASioux Cist
100!^
Maryland Ct»al
Pennsylvania Coal
SjninK Mountain Coal
Mariposa L'd A MinlDK Co..
do
do
pref.
1st nn »rt., guar
Bur. Ced. R.^N. .rth.-lst.Ss
Minn. A St.L.., 1st, 7s. Kuar
Chesap.A O.— I'lir. tu'y fund
K.C A
Dmaba
lat, W.U.
103
Bnr. Dlv.
Ist pref. Inc. for 2d mort.
27
lllW lllW
Ist Inc. for consol
28
Long Dock bonds
116
Tol.A Wabash.- lat m.,ext.
Buff. .N.Y.AK, lstm.,191fl 117
118
1st m., ext'd, ex coupon.. 108W
N.Y.L.K.AW..n.2d.con..0a
1st m., St. L. dlv
do 1st con., f cp.,7fl
do
ex mat. coup
93
77mI 77«
do *.id,con.,f.cp.,Ds,Os
2d mortgage
*107
Han. A St. Jos.—8s. eonv... 107^!107!|
do
ext'd, ex coup
84>^
Cedar
stock Ej-change Priceji.
Bo8t. II. X Krle— Ist m..
Cairo Ark.
St.L.
gold bonds. 11)20.
excou])..Sept.,'TUApreT
lot)
nisccllaneoiia St'ka.
Adams K.icprt'ss
Wells, Karcu A Co
Quicksilver
do
orcf
Atlantic A Paclflc Tel
American District Tel
Gohli Stock Telcdraph
C«nti-n In.. BalMiiiore
Amerlcuii t_'oal
Consolidation C<uil of Md..
Cumb4*rland Coal A Iron
...
7s, cons.,
TerrcHautoA Indianapolis
United N. J. KK. A Canal ..
Anierleuti Kxprosj*
UnltoU States Kxpresa
|
101J<'ll«
IObS 107
106
75
75
87
90
28
32
30
102
108
110
'^
77
iWilm'ton,N.C.—6s, g.,cp.on
8s, gold. coup, on
RAILROADS.
Ala.AChat.— Rec'rsctfs.var
60
20
A Gulf—Consol.... 103 106
30
40
Consol., end. bv Savan'h..
111
114
Cent.
Georgia—
.lack. A Chic, 1st m. 109«
Cons. m.. 7s
X.Y.C.AHud..1stm.,cp. 1S!4>i 124>i
102M
115
Stock...
70
75
Mlss.Klv.BridKe,lst,s.f,6s 103
do
1st m.,reg.!»ia4
Chic. Bnr. A g.-8 p.c. Ist
CharlteCol.AA.—Cons., 78 94
113
Huds. K.. 7s. 2d m., B.f .,'85 112^ 114
+113X
+110
Consul, raort., 7s
2d mortgage, 7s
60
Canada Scmth.. 1st, int. g
120H;121H
7-30S
East Tenn. A Georgia—On..
90
5s, sinking fund
+I01X
Uarlem, 1st m., 78, coup,
12-2M|123>4i
Yonkers-Water, 1903 ...
+110
Chlc.Rk. l.iP.-fls, cp.,l«17 1145<!ll.'5
B.Tenn.A Va.—es.end.Tenn! 95 100"
do
1st m., 78, reg...
8s. 11117. ret'lstcrert
E. Tenn. Va. A Ga.-lst, 78.' 10I«
Y. Blevnted-lst, 7s, 1906 114 lll4H'
114!^ lis
40
Ke.ik..^ Des M.. Ist. g., 15s.
Stock......
RAILROADS.
94% Ohio A Miss.—Consol. s. f'd III«|ll2Hi
114
118
Centnil of .V. J.— Ist m., IK).
Georgia RR.— 7s
111^1 .... Atchls'in A P. Peak— 6s. gld 106
C<msolidated
117
loe
108
1st consolidated
6s.
2*1 crmsolldutetl
92«, ysii Boat. A N. Y. Alr-I^Ist m. 106
86
88
do
Stock
assented.
1st in.. Springfield dlv
*30
107
....| California l»ac.— 7s, gold
01«
90
Convertible
Greenville A Col.— 7s, 1st m.
Pacltic Hnllroads—
6s, 2d mortgage, gold
S3
40
45
do
assf^nted
7s. guar
Central Pacltic— Gold bds. lllW'i--.- Cent, of la.— Ist m.. 7s, gold
60
82)4
..^jiooxi Chic.A Can. So.— 1st m..g..7s
.Adjustment, liW)
Macon Aug.— 2*1. endors. 85 100
loa
SanJtiaquln Branch....
loa-x;
56
100
98
ielllKb A W. B., con., g'd.
MemphisA
CTia'stonl8t,7s;
85
Cal. A Oregon, 1st.
101
Chic. A East. III.— 1st m., 6s
80
do
79
2d, 7s
aflsent'd
105W ....
State Aid bonds
2d mortgage. Inc., 78..
46
Am. Dock A Impr. bonds.
5
104)^' Chic. St. P.A M.-6S, g., new 100
Stock
Land grant b^mds
104
70
41
do
a.ssented
Memp. A Lit. Rock-l.st, 4s. 89
Western Paclflc bonds.. 106)^1 ....; Ljtnd grant. 6s. gold...
70
80
100
106
Oblc.Mil.A St.P.-lst,as,P.D 125H
Mississippi Ccnt.—Ist m.,7s
South. Pac.of Cal.— lat mChlc.V Southwest.- 7s.guar
97
100 108
SSdmort., 7U-II), P. u
•2d mort., ex coupons
Union Paclflc— 1st mort..
Cln. Ijlfayette A Ch — Ist m
83
;iim
SAW
lis
1st m., 7s, (gold, R. D
Miss. A Tenn.— 1st m. ,8s. A| HI
Land grant?. 78
Cin.A Spr.-lst, C.C.C.A1..7S
94.
85
91
l8t m.. I* C. Ulv
114
89
1st mortgage, Ss. B
118
Sinking fund
105
ii»>S
1st m.. g'd L. S. A M. S., 7a. 101
8»
latm., I. A M.
Mobile A OhTo-Storllng, 83
78
lOl^lll
HIS). 114)ii Col. A Hock.V.-lst,78,30yrs +104)i 106
Registered. 8s
78
8»
1st m., I. AD...
Sterling, ex c-ert., 6b
107
Pacific RR. of Mo.— l8t m. 107* 103
1st. 7s. 10 years
+99 101
..
1st m., H. * "
70
8«,tntcrest
60
100
2d mortgage
2d. 7s. 20 vears
93
+91
15
12
lstm.,C.4M
2d mortgage, 8s
1111
Income, "8
Dan. Urb. dl.A P.-lst, 78,g
62
47
86
Con. sink! g f und
83
New 1st mortgage
1st in., Carondelet Br...
I>enver Pac— lst,78,ld. gr..g
61
\ulivnH
31
29
2d mortguitc
,...'100
New debentures
South Pac. of Mo.— Ist m.
Erie A Pittsburg- Ist m., 7? 100
Ist in.. 7s, 1. .M D. Ext
N. o. .t Jacks.- 1st m..8«... 109 111
98
Kansas Pac— 1st m.,68,'95
Con. mortgage, 78
97
108
Chic. A -Niirthw.- Sink. f'd.".
Certltlcate. 2d niorl.,8s... 100
1st m..6s.'9.^,wlth cp.ctfs liiii liwi
78, equlpmtmt
102
Interest bonds
106
Evansv. A Crawfordsv.— 78, loa' 107' Nashville Chat.A St.L.—7s.
1st ra., 63, 'fl«,
Consol. bonds
Ist. 8s, Tenn. A Pac. Br
119
do
with coup, ctfs lis'
Evansv. Hen. A Nashv.— 7a.
60
Bxteiislon bonds
lat.Os.McM.M.W.AAI.Br
108«
Ist m., 7s, I.eav. br.. 86.
Evansv. T.H. .* Chic.— 7s, g.
56
lat no trtgage
Norfolk A Petersb.-Lst, Ss, 108
UO
so'
Flint A I'ere M.-Ks. I'd gr't •88
with coup, ctfs
do
Coupon gold bonds
Ist mortgage, 7s
100
Lstm.,7s,R.AL.O.Dd.09
(iaiv. Hous.A U.-7S. gld. '71
84
Registered gold bonds...
98
2d mortgage, 8a
Gr'nd U.Alnd.— l8t.7s,l.g.gu 104
do
with coup, ctfs
Iowa .Midland. l.Htm..8x.
Northeast..S.C.— 1st m.,8s. 110 114
1st, 7s, Id. gr., not guar
1st m., 78, land gr't, '80..
90
86
Galena ,t Chicago, exten.
2dmortgage,8a
118
with coup.ctfs
1st, ex land grant, *e...
90
do
Peninsula. 1st m., conv...
98 106"
Orange A Alex'a—lsts,es..
Grand Itlver Val.— 8s. 1st m +100 102
8d mort., '86.
99
Chic. A -Milwaukee. Ist m
86
2da,«s
98
86
do
with coup.ctfs
Hous.A Gt.N.—Ist,7s,g.,ctfs 84
51
50
Winona A St. P.. Ist
,3ds,88
107
Inc. coup. No. II on 1916 t65
Hous. A Tex.
Ist, 78. gld 106
4th8,S«
d4>
2d
71
12M 14
100 101
Inc. cimp. No. IB on 1816 t65
Western Dlv.,
^
9»
C. C. A Ind's-Ist. 7s. s. f.
87
Rlch.A Dan.— lat cooaol.,as
lie
Den. Dlv. Tr. rec'ts ass. U0«
Waco
100
Consol. mortgage
Southw. Ga.—Cony., 7s. "SS. 106 no
103
Pennsylvania RR—
Consol. bonds
92H
Del. Ijick. ,t \Vest.— 2d
«0
83
Stock
106
Indianapolis A St.L.— 1st. 78
75
Pltta.n.W.A Chic. Ist m. 125
70
7s. Convertible
«B
S. Carolina RR.— lat m., 7«.
do
86 100
do
2d m..
128Ji; Indlanap. A Vine- lst,7a, gr
Mortgi-«e 7s, 1807
39
7s. 1902, non-enjolned ....
do
International (Tex.)— Isl, 7s
do
3d m.. 115
84
Syr. Bit «h. « .N. Y.. 1st. 7s
as
ii5«| Int. H. A Gt. So.-Conv., Ss
78. non mortgage
Cleve.A Pitta., consol.. s.f
26
Morris A b'saex. I st
Savan'h A Cbar.—lst m.. 78.
do
4tb mort.
JaclcL.AS.—6a. lBt."whlte +108 IDS
10«W
do
46
2i|niort.
Cha'ston ,t Sav.. 6s, end..
Col. Chic. A I. C, Ist con..
73« '.'.'.J fx>nK Island 1st mortgage. 106
110
114
mort..
do
West. Ala. -Ist
8a...
b'nds, 1800
28
dp
do
2d con
Montclair AG.L.— lat. 7a, n.
38
55
110 114
do
construct'u
2d mort.. Ss. guar
do Tr't Co. ctfs. I.St con 73Ji
N. .1. .MIdland-Iat. 7s. gold.
46
48
do
PAST-DDE OOnPOWS.
78 of 1871.
Rome Wat. A <)g.—Con. 1st. 42 4a»4' 2d mort
10
do
Ist con..g'd..
118
15
St. L.AIron Mount'n— Istm 114
.V. Y. A Osw. Mldl'd-lat m.
17
iTennesssee State coupons.
Bel.A Hud.Canal— Ist m..'84
93
40
2d mortgage
South Carolina consol
47
62
J Recelver'a certlf'a, labor.
1st m>>rtgage. 18U1
20
Arkansas Br., lat mort
80 100
Virginia ci>upons
do
other.
47
do
• extended
tOswego
81
Cairo A Fulton, 1st mort.
c<insol.
coup<tna...
97
Rome
7*.
guar..
94
in'
do
89^
A
• Price s nominal.
+ And accrued Interest.
t No price to-iay tutae are latest qnotatlons made this week.
SinkiiiK fund
Joliet ,i Chicago. 1st m..Louls'aA Mo., 1st m., guar
St.
_
_
_
I
tlOl
K14
Water,
. .
long
7s,
Oswego— 7s
Poughkeepsie— Water.
Rochester— Water, 1903.,
Toledo—Ss, water, 1894.
I..
.
m
.
100
110
116
Atlantic
^
1^
.
.
.
.'.
i
.ife
am
««
,
I
I
I
!
I
.
'
|
'
i
W
,
I
"
C
m
m
C—
"
. .
m
m
"
. .
.
.
—
.
i
1
—
. .
I,
—
,
.
;
I
.
.
..,
.
,
.
THE CHRONICLE
500
NEW YORK LOCAL
Bank Stock
[Vol.
SECURITIES.
Insorance Stock
Llat.
[Quotations hv K.
C01tPAHtB«.
Suri'lus
latest
dates. §
I
S.
IVIDKNDa
Amount
America*
Am. Exchange.
3,000,000
5,000,000
2S0,000
1,000,000
300.000
a,ooo,ooo
300,000
450,000
300,000
600.000
1,000,000
,324,100
,230,200
Commerce
••,000,000
ContlKental ...
Corn Eich'g«*.
1,000,000
1,000,000
.5il,'.J00
l(i;t,200
Bowery
Broadway
Chase
Chatham
Chemical
Citizens'
City
EastKIver
850,000
100,000
150,000
100,000
500,000
11th Ward'....
Fifth ..
Fifth Avenue*.
First
Fourth
3,200,000
600,000
1,000,000
750,000
Fultm
OallatlD....
German Am.*.
German Exch.*
200.000
200,000
200,000
ico,ooo
300,000
Giermanla'
Greenwich"
Grand Central
Grocers*
Hanover
Imp.A Traders'
1,000,000
1 ,500,000
.,
500,000
100,000
600,000
...
Leather Manuf.
Manliiittau*
Mechanics'
Mech. Assoc'n.
Mech'lcs & Tr.
Mwrcantlle
Merchants*. ..
Merchants' Ex.
Metropolis*.
Metropolitan
1,000,000
2,000,000
1,000,000
100'
300,000
3,000.000
100,000
.
lilll*
.,
Nassau*
1,000,000
2,000,000
200,000
New Ycri.
S. r. Co«utv.,
N. T. K. ixch
Ninth
Vo. America*.
North
300,000
750,000
700,000
50 240,000
25 300,000
50| 422,700
100 2,000,000
25; 412,500
20 1,000,000
Klve.n*.
Orlenta!*
Pac flc
Park
'
People's*
Phenlx
Produce*.
Republic
I9S,HOO
100 1,500,00
100 fOO.'iOO
Beveuth <vard 100 300,000
Second
100 800.000
niioe & Leather TOO 500,000
Blith
100 200,000
Bute of N. Y, 100 800,000
Third
100 l,COrt,000
Tradesmen's.,
4011,000,000
CnlOD
50 1,200,000
West Side*.... 100 200,000
8
Jan.,
5«
May,
A
J
12
16
£
J
J
8
J«".
4
'79. 8
'0
M.&N
J. A J,
1.4
8
Jan., '79.
10
an,, '79. 3
ay, '79. 5
8
J at)., '79. 4
id
in
Ian.,
3»,1':0
A
.',
J.
Fe")
3X
ii^j.
id
iS
Api!,' •a'.
I.t
1:65.500
J.
411,400 M,&N.
648.400 .\.4 O.
42,H0O P. ft A
55,400 May.
65,»00 May,
20.800 M.&S.
15,°'00
4
4
4
4
4
.J.
J.
11»,2« I.
is
.800 J.
42S,»CC
.J.
1,0'JO
A pi
Feb.,
'6
6
7
.)'«"'„
Jan
J
14
.1
8
J.
J.
'77.'
12
,)an..
79. 4
'79. 3!
A
Feb.,
J,
July, 75.
4 J.
.\I,4N.
.J.
M.4J..
OH
.1.4 J.
J. 4 J.
SMOO 1.4 J.
745.400 .J. 4 J.
78,100
51. '300 M.4N
654,^00
4J
9,801 1.4 .1.
70.200 b\ & A
38,4.>0 J. 4 J.
58,300 1.4 J.
78,200 J. 4 J.
Jan..
Q-F.
536,300 1
131,000 J
141,100 •J.
.
,
4J
4
4 J,
,1
Fob
,
Jnn.,
July,
Lal'ayette(Bkn)
Lamar..
100
Ja ,,
jHn
May,
11
12
,
4
3
-'au., •79.
3
Jan., •79.
S«
Jan
U
75
100
118
3
•79.
,
M.4N
006,3011
1.4
93,400
J
Feb.,
¥
'79.
'77.
'78.
'79.
3
.Jan., '79.
,lan,. •79.
4
3
Aug.
3
9
10
6
7
3
10
10
7
7
3
U
3
8
July,
Jan.,
10
8
Lenox
Longl8l.(Bkn.i
Lorinard
Mercantile.,
Merchants'
Montauk (Bkn)
Nassau (Bklyn)
National
N.T. Equltahle
New york
4
N. y.
4
Paclllc
,
Park
Jan., '79. 3ii
May, •79. 4
Kellef
RenubHc
"^
Gaa aud
Cltjr
1,
•
ISS, for the Natlanal
"•"»"•
"- banlu.
'
Oas Cohpaniks.
4 Hoboken
bonds
certificates
New York
lat mortirage
Sicer— stk.
CooBoHdHted mortgage bon s.
Dry Dock, E.B.,tBatitry—»l^.
mortgagp, cons'd
Eighth 4fent*e— stock
arand
St terrystoc\i
Ist mortgiige
Central CronA 'lawn- %ioc^.
...
1st mortgage
Bomton. West st.itPav.F'i/~->li
Ist mortgage
^econil
Avonw.stoc^
mortgatre
a
C'las. Convertible
Exi,en(>loa
Anen.ttt1st raorleaga
%xih
73
100
102
vay,
63
87
X9»
91
101
Jau,,
2'
23
90
70
60
75
P5
57
96^
Var
•
Feb.,
1.500,000
"I'liia
uoluiuii diiuWB
145
.
100 1,800.000 J.
4J
4J
.
J.4D,
100 1,SJOO,000 Q-F.
900,000 J.4D
loo 1,000,000
4
1,000
203,000 J. 4 J.
100
748,000 M.4N.
1,000
'.(38,000
100
600,000
200,000
1,000
.
.1
A.40.
M.4N.
100
250.000;
500
500,000' 1. 4 J.
100 1,199,500 Q.-F.
150.000
1,050,000
A.40.
VI. 4N.
200,000 A. 41'.
750,000 VI. 4N.
415,000 1.4 J.
100 2,000,000 Q-F.
1,000
,000.000 1.4 J.
100
800,000 J 4 J
1.000
250.000 '.*v
Uai ^viaeua oa
Htocka^ bui lutt uattf ui
J^ly,i900' 85
Apr, ^79 80
.Inne. ^84 100
Mai-, "TV 130
Nov., •81 102
ipr., •7»l:«
Oct., •TO^ 90
1888
100
..
85
J-n. •nl 35
Dsc.1902; 94
May, '79 83
Ju e, '93 102
i
:
88
1
150
1
100
100
25
100
23
50
,
25
25
25
10
50
•
Over
IQnotatloiis by
Ottjr Secnrlties.
Dahibl A. Mokaic, Broker,
80
70
85
05
61
120
20
90
65
101
140
110
150
100
102
IfiW York:
1841-«3.
Water stock
1854-57,
do
Groton waterstock.. 1815-51.
..135-^-60.
do
do
Croton Aqued'ctstock.lses.
pipes and mains,
do
repervolr bonds
lo
Central Paik bonds. .1853-57.
bO
..lS3S-<3.
do
ISTO.
Dock bonds
.
Market stock
Improvement stock
do
(.0
Consolidated bonds
105
5
6
5
6
6
7
6
5
6
7
1*75.
e
1663-68.
1869
....1869.
7
6
7
var.
var
Imp stock
var.
do
Consolidated
Westchester County........
Street
.
do
New
b''
7
reb,,
due.
May Aug .4 Nov,
do
do
do
do
May 4 November.
Feb. .Mar. Aug.4 Nov,
do
("o
do
do
do
do
do
do
May 4 November,
May 4
Novc'n')er.
do
do
do
do
dn
January
do
do
do
do
do
do
4
July,
do
[Quotations by N. T. B«»K8. Jr., Broker.
1
do
P.*rk
»
do
lo
ao
do
do
do
bonds
Brldgebonds
40
Nov.1901
95
lOO
10
'94
80
30
00
71
70
75
105
20
86
78
Sept.
m
77
Ju'y, W)
vlay.
79
v'l-y,
1
18
'uly. •90 97
KeS '79 95
•93 100
1
,
tuacunLy uf
120
128
'90
75
iri'
111
8U
128
IIT
«U
lib'
13s
no
Brldg-!
•All BrooKlyn bonds
botids.
ft'
^n
January a Ju"y.
do
4o
do
do
Park boi:ds
110
75
75
85
115
ISO
100
100
103
May 4 Novemijer
fjiiy
Ask
—
St.]
18-9-iaSO 101
1881-1893 102
;915-19^.'l 124
190<l-!9;4 119
1«04 1912,119
18-.)9-190aUl
1881-18951104
1880-18K3iU)S
188"-1885 101
112
1924
1907-1910 111
lOS
111
126
125
12«
113
109
108
107
ll3^
113
flat.
[Quotatloiu by C. Zabriseek, 4r Montgomery
JefHty
Bid.
108
1878-1880 100
1878-1879 100 102
103
102
1800
108
103
1883-1890
1884-1911 106 *10»
121
1884-1000 110
109
1907-1911 107
103
1878-1898 101
107
1877-1896 100
188
1:9
1901
109
1898
lor
119
1894-1897 118
106
105
1889
114
1879-1890 102
112
111
1901
1888
102>i 105
IPS
1879-1882 102
112
111
1890
107
106
1894
New
SrcW(tli/n— Local linpr'eiu^L..
City bonds
vaster loan
City bonds
Kings Co. bonds
'85
•88
65
120
Pbiob.
Bonds
Water loan bonds
,
lib'
130
Wall Street.]
Mouths Payable.
92«
40
97
S8
M
INTBBKBT.
140
113
Apr.
85
....
t In jlujlve of
UaolllUes, Including re-Insurance, capital and scrip,
all
i'ld
May,
Bm
_
50
50
May,
July,
150
140
ia«
,
100
20
Jar-.,
Apr.,
'90"
:
:
70
Jai.,
Apr
80
.
do
Jan., '791 10
ids
105
scrip.
Broadway.]
J.4D.
Q-F.
VI. 4N.
Q-J.
A. 4 0.
200,000
400,000
800.000 J
500,000
1,200,000
,
'an.,
.
1,000
,*
Jan.,
900.000 J. 4 J.
1,000
694,000 1 4 J
loo 2,100,000 Q-J.
1,000
mortgage
1-''ttf.;."tl-rn/1i!rMt-~nlnKis...
1st mortgn- e
Jan
Feb
lOO
J004C,
100
third ^ne tu«— stock
ii«t
May,
.
1.500,000
2,000,000
300,000
,
im.'.
700,000 VI.4N.
100 4,000.000 VI. 4N,
10 1,000,000 I. A J
1,000
383,000 VI. AN.
Var.
300,000 J. 4J.
50
468,000 I'.4 A.
50 1,000,000 Quar.
Var. 1,000,000 1.4 J.
100 1,000,000 VI. 4N
1,000
1,000
stock
30
70
Feb
f^estctaester..
«rilllamsb'K C
128
]
35
100
'92H
:
1
ani
Sterling
Stuyvesant....
Tradesmen's..
anited Statea.
76
140
;
25
50
50
50
50
50
100
141
130
:
1
25
50
25
Stab
'56
lieiT
Apt.,
1 .
Ist niort!jage
<t
Feb.',
500&C
Ist
70
101
100 5,000.0<X) Quar.
1,000 1,000,000 F'.4 A.
l8t mortgage
Sroadwa;/ ( Bro>ikli/n)~%tock..
100
Srooklyn (ft Hitnler's /t— stock.
100
1st mortgage bon<ls
1,000
Swihwick Av. (.B'kl!jn)sloc^..
100
\jentral Pk., .V.it E.
05
93
40
142
185
!•»
102
1,000
lo
1,000
Brookli/n Oitiz—ttiock
Jan.,
13i
180
120
100
[Quotations by H. L. Obant, Broker,
Broadwai/itSeoentkAve—eik..
May,
13)'
Feb.,
Feb..
1«0
Blteclcar St.<t Fullonterri/—iti.
Ist mortgage
Bid. Ask.
*
\.&0,
f.aA.
2S 1,000,000
WlUlarasburg
do
scrip
Metropolitan, Brooklyn
Municipal
2d St.
Date.
Period,
I
Jan.,
'.
Va
scrip
People's (Brooklyn)
•Central of
Broad Street.
1.4 J
1.4 J.
vl,4S
1,000,000 \(.4S
V
do
bonds
Nassau, Brooklyn
do
do
816,000
60 1,850 000
20
750,000
50 4,000.000
100 •4,600.000
Manhattan
do
do
24
25 2.000.000 ,Var.
20 1,200,000 Van.
l.COO
Mstropolttan
do
certificates
H'ltual.N. Y
do
Tork
Amount.
Par.
Brooklyn Gas Light Co
Citizens' Oas Co tBklvn)
do
boids
Barlem
„
Hew
Standard
Railroad Stocks and Bonds.
[0»« Quotations by George H, Prentiss, Broker,
Jersey City
ud
""
Rutgers*
Saleguard
St, Nicholas...
125
1
50
Kldgewood....
'" ""' column are of date April
„)
•Of J""
dale 1?'",r*?
Uch. 15, 1819, for the state banks.
1
Produce Exch. 100
4
'79.
!I6
:
50
25
25
Peter Cooper.
People's
Phenlx (Bklynt
Jaa..
79.10
5
6
N'ne July, •77. 5
N'nc Ji",. '77. 5
10^78 Feb. '70.
12
Ian.. '70.
18
5
5
25
202
810
ISO
180
:
Cliy 100
3
•79. 3J,
b.. 79.10
'79.10
60
li«'
200
•
Fire 100
Niagara
North P.lver..
aw
F
idd'
1
Boston 100
New york
20
20
80
20
20
70
.
1
Manur.4 BuUd. 100
Manhattan
100
Jan., 78. S
May,
7W
'...
.
•'uly, '74. 3l»
981.700 F,'4A,
114.700 F.4 A,
50 100 1.4 J.
70,600 r.4 J,
2il,600 .1,4 J
42.,1iiO .1.4 J
ISJ.OOO M.4 N
33,200 1.4,)
219.50 J. 4 J
Itnporters'4 T..
Irving
Jefferson...
Mech.&Trad'ri*
Mecli'ics'(Bkn)
TH
72
2«
6
10
nl'.
127
•77. 3
•79. Ki,
•79. 4
•79.
100
Hope
Howard
76
4
'79.
'79.
'77.
Home
1'27
ia»K 125
'an,, '79. 4
I
vlO.OX
an
July, '78. 5
July. 78. XH
laa
79. 7
.Ian.. 79. 5
J»n . 7?. 4
July 7h. 5
nee. 78.10
,
Kings Co.(Bkn)
KnickerbockHi
133
5
14
10
N'n
10
20
I
50
50
25
50
50
100
30
20
40
50
SX
•79.
Jan., •7B. 4
May, •79. 2
Nov., '17.
May, '79. 3
Jan., '79.
>n., '79. 3
Jan., '79.
Jan., '79. 4
Jan., •79. 6
May, '79. 2V<
8X
.
Ask
50
.
•25
Hoffman
101
3«
M 4N.
Bid.
1
100
15
...
Hanover....
8]
Jan..
50
Continental.... 100
40
Ksgle
100
City...
Empire
30
Exci>ange
50
Farragut
17
Firemen's
Firemen's Fund 10
Flremen'f Tr .. 10
Frankllr4Kmr 100
German-Amer. 100
50
Germanla.
50
Globe
Hamilton
Ja"., '76. S
J
.1,4 J.
Fire 100
Greenwich..
Guardian...
4
'79,
30
.
'S
Jan., '78. S
4
16O,80e .1,4 J,
loix
,
Jan.,
64
P'.4
1
I00!.<
79. 3ii 101«
Jan., •79. 7
J.&
.1 .
Commercial
3
•79 5
'77. 6
.vov., •78. 3
7
1878
120
47
70
125
18
an., '79.10
,000,000 l,038,4•^3lll45 1250 13 40 Ja'i,. •79.6-83 170
200
20
300,000 514.353130
20
*pl.. •79.10
105
200,000 102,0<a'l4
10
14
'an. •79. 5
103
10
200,010 121,004 20
15
Feb.. •79. 6
15
200.000 161 .067
15
Jan., •79. 7V^ 123
100
10
204,000
12
85,823
,lan., •7J 5
40
N'ne uly. •77. 5
150.000
10
11
150,000
86,618
12
Ja .. 79. 6 105
100
200,000 130.330
id' Ja''!,' •79 "5 137
,000,000
io
815,049
175
500,000 754,4'24 •
22
30
laa., •79 7
107
10
200,000 127,116
20
Ian.. '7m, 6
30
200.000 311,301
40
Ian '7!l. "H, 270
65
35,343
200,000
;a'i.. '79. Sk, .°g
10
124,537
150,000
Jan. '79. 7H '^
80
{5«
15V
'
600,000 685,899 1
n..
'79.
10
5
85
10
78,817
200,000
Jan., •79 6
10
121
Jan., •79. 6
;,ooo,ooo l,363,lf0
10
10
1" 0.000
15,909
an., '79. 3ni 00
10
10
102
Jan., '7H 5
500,000 206,609
12
10
100
111,928
200,000
.Ian., *79. 6
18
10
75
32,968
200,000
Jan., '79, 5
13
10
130
1
M'ci
200,010 t311,003
10
'79 5
10
160
199,901
150,000
Jan., '7910
20
20
77
27,884
lau , '79. 5
280,000
10
5
136,5.(7
Ja 1., '79 8 140
150,000
20
16
100
116.473
200,000
Jan.. •79. 5
10
10
80
5."i,003
150,000
Jan., '79, 5
10
10
145
200,000 281,942 S..
Jan., '79. 8
20
16
60
71,5UllO
800,000
Jan.,
10
10
5
130
200,000 208,881111
Jan., '79. 6
12
12
112
250,000 811,421 14
.Ian.. •79. 5
20
19
160
200,000 281,637 30
.Ian., '79.10
80
20
166
188,569 20
150,000
Ja-.. '79.10
20
20
80
5 1,386: 10
200,000
10
Jan., '79. 5
10
140
200.000 206,979 20
Ian,, '79. 8
20
16
110
114,189:80
200.000
18
Jan., '79. 5
12
165
200,000 174,081 25
Jan.. '79.10
20
20
'"
105
Jail., '79. 5
200,000 124.331
14
10
190
210,000 324.268 !
'79.10
20
Ja
20
200,000 160,006
17
14
Feb.. '79. 7
'do
24,571
200,000
N'ne
85
55,061
soo,ono
id' N'ne Jan., '79. 5
115
600.000 453,012
12
11
Jan.. '79. 6
112,717
850,000
11
10
Apl •79. 4 110
200,000 486,138;
80
Jan., '79.10 235
30
108
200 000 10;(,552 t
20
18
Jan., '79. 6
190
150,000 200.474 20
80
Ian., '7910
20
110
108,104 20
150,000
18
.Ian.. '79. 6
12
122
.Ian., '79 6
,000,000 731,328 20
80
15
200.000
an N'ne Jnn., •77, SK 66
&'9,'449 1§«
8U
200,000
10
Jai., •79. 5
10
34,673 10
70
300,000
10
.Ian., '79. »
5
71,991 18
95
200,000
18
10
Jan.. '79. 6
200,000 206,201 85
20
Jan., '7910
20
ids
103.895 15H 16
200,000
16
.'a '., '79 8
75
9
Feb '79 6
200,000
10
39,080 10
200,000
175 011 n-55 1836 623 .Ian , '79.683 va
.,300.000
171318 15
17W 12H Jan., '79. 6 110
85
10
Feb., '79. 5
200.000
10
49,831 10
Jan., •79. 6
800,000 144,617 20
14
1«
105
10
Jan., •79, 5
300,000
80
181,302 85
126
.lai.. '79. 8
280,000 231,a31 16
16
12
105
300,'^00
Feb., '7U. 5
10
17.3.619 10
10
198
Jaii., '79.10
850,000 430,317 80
20
100
Commerce
May,
May,
"s
1876. 1877
:
20
70
...
3
'79. 3>t
'74. 3
,
17
S^
M-iy, '79. 3>s
7
J.
iVi'J
171,400
,780,200
6«
Brooklyn
Columbia
5
Jan., •79 S
10
50
25
25
City
Clinton
5
165.100
,.S3i»,10C
Bowery
Broaiway
Citizens'.
3
•-R.
•79,
,
,tan., '79
.July, '76.
Ja..,, •:9.
.
Atlantic
3
Mar., '79.15
10
a
1.
200,000
7,107
21
200,000
400.000 t)94,548
WW.OOO
69,251
l,»4-,t
200,000
S7,.545
200,000
300.000 410,567
03,041
200,000
153.000 203,041
300,000 603,7f9
178,380 20
210.000
250,000 150,018|20
11,126 10
800,000
200,000
10
200.000
170,523;25
American
American Exch 100
Amity
100
3«
Ian",' •79.
25
00
50
yfitna
Ian.. •n. 3
J.
813,700 F.4A.
01,100 I & J
7,000 r.&,i
Adilatlc
Jan,, '7a. 8
•/K.200
.41 15,01
K3H
5
'79.
Amount
1879.*
12S
"nt.
Jan.,
1.-5.700 I.ft .1
6
,178,400 Rl-m'ly 100
100
158.8 10 J. <t J.
»H 6
100'
..
St. Nicholas...
&N
I.&
78.900
268,500
927,900
76.300
93.900
202,700
664.700
219,100
500,000
300,000
I.
J
l,& J
88,400 J.
,017,.')00
.
Murray
188,500
400,000
500,000
2,000,000
VI.
,177.4
2,050,000
100,000
Manuf. &Mer.'
Marine
Market
I.&
List.
brolier.T P!ne itreet.]
^urplu'.,
COKPAHin.
Last Paid
t'ur
Butchers' & Dr.
Central
Irving
Island City*
Period 1877. 1878.
Bailbv.
Net
at
Marfc'dthus (*)
are npt Nat'l.
XXVni
Si.,
jersey City.]
—
4
Waitii loan, long..
6
do
......... .1869-71
Sewerage bonds. . . .1866-68.
Assessment bonds. .1870-71.
Improvement bonds
Bergen bonds
.18«S-«9.
7
1895
97
1899 1902 104
101
104
7
7
1878-1879 97
do
do
Jan., May, July 4 Nov. 1878--8;9 97
100
1-0
100
January
am
July.
J
7
J. ft J.
7
January and
4
D.
Jiilv
189'
M
lUflO
97
97
:
Mat
:
.
.
THK CHRONJCLR
17, 1S79.]
601
CupllAl stoek
Juuestmcnts
$30,000,000'
Honds, 1884
1891
AJ)D
$.'I.A0O.0(N>
6,482,000
4.856,000
1894
IIM7
1880
and dlvld., imyablo Jsunarjr, 1870
2,450,000—
HTATE. CITT AND COBPOBATION FINiNCES.
•
IiiU
$Hn5,4im
215,435
l>i'|M>sltorH
Dlvldentls
pnbliBhed on thn Ia"<t Saturday
t^i all ri^gular HnlwcnbcrH Df the
No Hinffli' copiKs of the Hupim.f.me.nt arti Kold at the
CiiHONia.R.
office, as only a Mufflcicnt number is printed t<3 Bupply regular
Hubflcribcrs.
One number of the 8upplemb.nt, however, in bound
up with The Plna^cial Kbview (Annual), and can be parchaxed
in that Hbape.
The Investoiw' Sdpplemkst
ipf each month, and fumixhi'd
is
ANNUAL
17,288,000
1,045,000
I^iun,
REPORTS.
and interest uuclalined
35,.V77
170,.'»00-
Not(« payable
1
,277,00«
$30,010,000
PKOKIT AND LOM RTATRMKNT OF I.RASKt) RAILROAfl MNKS, nr.INO "ALRAXT
A RUSgUEIIAKNA," "RKNSSKI.IKK A SIRATW)*," "NEW YORK *
CANADA," AND THRIK UKANCMEII.
llr^wiwar.
Xarninai.
OpcratlnR rallroiuls.
$853,398 Passengeni
$1 ,070,97«
Maintaining railroads.
507,148 Freight
1,7411.501
MalutaluliiK equipment
258,000
.
.
$2,H2»,37(V
$1,618,644
Balance
chargeil
to
profit and lossiwM'ouut
Itf.ntal.
Delaware
& Hudson
Ioterost,Tcntal
Canal Company.
dends
ytar ending December 31, 1878.)
The report of the business of the company for the year 1878
Khows a profit on the busineHS of the company proper of
lf440,P71 and a \om on the leased lines of |498,,')62, leaving a net
This result, less favorable than was reasondeficit of $57,691.
ably anticipated, Mr. Dickson's report says, is chiefly due to the
unsatisfactory manner in which tne coal tonnage was managed
by the recent association of the coal companies under their
arrangement of January, 1878. "The unprecedentedly low
prices that ruled during the last six months of 1877 induced
{For
the
dealers in coal to accumulate 8t<icks far beyond their immediate
wants, and this fact, coupled with the exceptionally mild
winter of 1877-8, enforced a large curtailment of mining for the
Meanwhile prices gradually advanced
first six months of 1878.
to a fairly remunerative rate, and the prospects were very
Dealers
flattering for a crofitable fall and winter business.
were satisfied witli the action of the associated companies, and,
confident that their terms of arrangement would be carried out,
responded to the changed condition of aifairs. At this time,
some of the companies, mistaking, perhaps, the real cause of
improvement, and feeling the restrictions imposed upon mining
to be burdensome, called for and obtained an increase of the
allotjuents agreed upon from time to time. The natural effects
followed this action; prices for coal were again demoralized,
amd producers and consumers alike lost all faith in the maintenance of the arrangement. Buying was again limited to
immediate necessities, and a formal dissolution of the association followed on the 28th of December."
" The finances of the company are in a satisfactory condition.
The proceeds of the new mortage loan have been applied as
follows: five millions, by its terms, secures the loan of 1894; two
millions four hundred and fifty thousand have been negotiated,
and two millions five hundred and fifty thousand are still held
by the company. This loan was created to retire maturing
bonds, as well as to pay off the floating debt, and it is proper to
state that the liabilities of the company have been increased to
the eit«nt of $865,000 only since Dec. 31, 1876. The debit to
general profit and loss account has been increased by losses and
shrinkages."
DELAWARE A HUDSON CANAL
YEAR ENDING DECEUBER 31, 1878.
PBOFIT AND L088 ACCOUNT OP
CO.
FOR
Dr.
Coal on band, Dec. 31,
1877
MLnlnKCoal
Transiiortation
f>clglit of coal and
canal cxpenitos
Rondout expeiiHea
Freight paid other lines
.•
Harbor and yard exp'n '8
$341,036 Taxes
2,264,227 Salaries, rcut and miacellaneouslawcxp'n'g
618,251
Interest
820,438
131,494
397,037
Loss on leased lines
$79,033
181,322
146,526
1,340,956
498,562
$j,818,887
Cr.
Coal on Iiand, Dec. 31,
$672,784
1878
$5,229,266
57,.591
39,099 Balance
Net earnings Penn.
398,218
34 1 ,780
Interest on investments
$6,818,887
Miscellaneous profits.
80,146
CONDEKBED RALANCE SHEET, DEC. 31, 1878.
$6,339,210
Canal
6,1'J0,7(!5
Railroad and equipment
8,«4:(,7H3
Real estate
2,404,962
Mine improvements
274,113
Mine fixtures and c(iutpment
669.641
Koats, barges and steamboats
208,142
Coal yards and fixtures
Lackawanna <Sc Husquchauna Railroad
1,022,293
305,991
Cherry Valley 4c Sharon Railroad
New York & C.inada Railroad
3,597,074
Lackawanna Palace Car Co
54,675
Telegraph lines
14,734
eupplies on hand
958,667
672,784
Coal on hand
439,020
Advances to leased lines
Miscellaneous assets, viz.:
Boston Ilurtfunl &. Erie bonds.
1420 bon<l»
$1,254,268
Less sinking fund
378,271— $875,997
Jcffe;iM)n RR. bonds (124)
103,050
Albany&Sus. consols (362)..;
362,000
D. * H. Canal Co., 1891 bonds (746)
746,000
Sundry assets
386,247—
2,473,294
Stocks ns follows
9,000 shares Albany &. Bus
$900,000
8,24l8hRres Reus. & Saratoga
822,137
Sundry stocks
100,012—
1,822,150
Advances on coal royalties
617,246
Cash on hand
$1,297,636
2,314,268
Bills and accounts receivable
1,016,631—
587,185
Oeuerol profit and loss
Sales of coal to Dec. 31,
1878
Canal tolls
RR
.
'.
$39,610,006
and divi-
on
Delaware
" leased
1,709,488
linos."
&
Hudson
Canal Co
408,562
$:).3:ZH,133
$3,328,133
Georgia Railroad k BaBking Company.
(For the year ending March 81, 1879.)
The atmnal report just issued is quite comprehensive in its
information and statistics, and the President, Mr. E. P. Alexander, has shown his purpose to place before the stockholdem a
full and fair exhibit of the affairs of the company.
INCOME STATEMENT.
The income
of the
Net eanilngs of road
company from
all
sources was as follows :
$338,392
Netcamingsof bank
12,633
32,000
Dividend on Atlanta & West Point Railroad stock
Dividend on Rome R.illroad stock
Dividend on Nashville & Chattanooga Railroad stock
Western Railroad of Alabama, rent of rolling stock
Miscellaneous sources, coupons and Interest
6,93a
4,50O
13,500
16,05A
$426,022
Total
This income has been applied as follows
Dividend No. 67, 3 per cent paid .Tuly 15th, 1878
$126,000
126,000
Dividend No. 68, 3 per cent paid December 20th, 1878
82,235.
Interest on bonds of this company
Interest on bonds Macon & Augusta Railroad Company
51,777
Alabama
$93,080
Interest on bonds Western R.aiUoad of
12,580.
80,500—
Less paid by Western Railroad of Alabama
14,735
Attorney's fees and costs
5,558.
Incidental cxiwnses of company
3.011
Taxes
4.124
Balance
$426,022
Total
THE ROAD.
The following table exhibits the receipts and net earnings of
the road for the pa«t year, and also for 1877-8
STATEMK.NT OF KABNING8 AND EXPENSES FOR TUB YEAR ENDING MARCH 31
OPEBATIOJIS OF
:
1877-8.
$
1878-»
$
Local passengers
Through passengers
154,993
36,902
175,159>
Total passengers
Up freight
Down freight.....
Way freight
191,896
199,371
439,114
146,225
199.904
168,735
437,09*
125,47a
Total freight
MiiU
Express and mlscellaneoos
784,711
28,664
8,439
731,312
29,630
36,871
Total earnings*
Total eipendltures
24.744
1,013,712
997,71»
727,700
659.325-
338,392
2?6,012
Neteamings
•Earnings and expcnsca for 1879 Include those of Macon & Augusta
Railroad, 76 miles, for seven months.
The earnings and expenses of 1879 are both increased by the
earnings and expenses of the Macon & Augusta Kailroad since
September 1st, 1878. On that date it was taken possession of
by the tnistee, under the mortgage, and has since been run as
a branch of thia road, under arrangement with the trustee.
For the purpose of comparison, therefore, the earnings and
expenses of 1878 should be increased by those of the Slacon &
Augusta Railroad between September 1st, 1877, and March
which were—earnings, $69,749 ; expenses, $60,027.
Adding these sums, therefore, to the figures given above for
1878, it will appear that the gross earnings of the whole
Sroperty have decreased ?85,743, and the expenditures haTe
3l8t, 1878,
ecreased $128,401.
" The principal causes of the decrease in gross earnings hav*
been a decrease of 22 per cent in the amount of fertilizers
transported during the year, the loss of a large amount of
Western produce for Augusta and the coast, which came in by
way of Baltimore, Philadelphia and New York, during the war
of the Trunk lines to those ports- during the past summer, and
a demoralization of rates from the East, which prevailed at
Atlanta and points west thereof during February and March.
Unfortunately, we cannot hope for entire exemption from such
losses in the future, and can only prepare to meet theiu by
placing our property in such condition that we can afford to
work at still lower rates."
MAOOX A ADOCSTA EAILROAD.
It has long been apparent that the earnings of the Macon
Aagnsta Railroad were entirely inadequate to maintain the
road and pay the interest upon its bonded debt of $400,000 first
mortgage and $370,000 second mortgage bonds.
&
THE CHRONICLE.
502
The following statement shows a
since December. 18G6.
summary
of
its
operations
STATEMENT OF MACON A AUGUSTA RAH-ROAD OPERATIONS FROM DEC.
14, 1866, TO SEPT. 1, 1878.
<}ro88 earainfis from opeuhiK of road to Nov.
Operating expenses for same period
1,
1872
$326,67.5
428,708
DeticienoT in net earnings, which amount the Georgia Railroad
siuTeutfercrt in the settlement of Nov. 1, 1872, so as to square
the account between the two roads to that date
102,032
Dross earnings from November 1,
Operating exi>enses for same period
640,901
576,666
1872, to September
Net eaminga to
to credit
1875, which amount has been carried
Augusta Railroad coupon account at Geor-
Sept.
Maion
ik
1,
1878.
1,
gia Railroiul Banli
.
64,234
The Georgia Railroad & Banking Company is the endorser
upon $300,000 of the first mortgage bonds, and on the whole
issue of the second mortgage, which latter becomes due July 1,
1879. With the necessan' formalities, the trustee under the
-
second mortgage bonds, Hon. Wm. M. Reese, took possession of
the road Sept. 1st, 1878. As the road had no rolling stock, it
was necessary to make some arrangement by which it could be
operated ; and we have agreed to operate it and allow for the
credit of the Macon & Augusta Company, on account, $2,000 per
month.
WESTERJI RAILROAD OF ALAB.^MA.
The Western Railroad of Alabama is owned jointly by this
Company and the Central Railroad & Banking Company, who
are joint endorsers on its bonds. This road has, during the
year ending March 31st, paid the interest for which they are
liable as endorsers, except !j'12,580, and in addition has paid
.'?13,.'500 on rent o"f rolling .stock.
The condition of this road is very good, and the prospects of
its paying its interest in future, and gradually refunding what
has previously been paid for it, are enconraging.
The following statement exhibits the business of the seven
months, from September 1, 1878, to March 31, 1879, as compared
with the same months of the preceding fiscal year:
7 mouths ending
March
Receipts—
Passenger
Freight
Express
Mail
Minor
Total
Oiveiiitiug
Tii xi-K
.
.
expenses
;
.
lieut rolling stock
31,
Santa Fe Railroad Companies, growing out of the conflicting
claims to the right of way through Arkanso-S Canon, the
United States Circuit Court to-day gave the At(;hison Company
leave to file a supplemental bill and litigate thereby the question whether the Rio Grande Company, by lease and other
contracts, admitted the right of the Atchison Company to
continue its construction upon its located line. The Court also
held that, in any view of the case, the road-bed of a rival company could only be appropriated, by paj-ment of the cost
of construction, justly computed; but the question of release
raised by the supplemental bill must be first determined."
TheN. Y. W<}rld of the 15th .says: "The Denver & Rio
Grande Railway Company loses no time in taking advantage of
the recent decision, April 21, of the Supreme Court of the
United States, confirming to it the prior right of location ' for
the main road and its several branches, all so connected as to
constitute when completed an extended railway system for that
entire region, conditioned on reaching a jjoint opposite Santa
Fe before June 8, 1882, and of completing 50 miles per annum
thereafter. Three lines, amounting to 505 miles, are to be taken
in hand immediately, as follows;
—
Miles.
From Canon
ls7Si.
$112,720
258.886
9..-)71
9,43.5
From
From
774
1,034
$387,108
$218,250
19,756
1.50
210
205
565
lines $5,000,000 cash is required.
The company
will issue its first con.solidated mortgage 7 per cent 30-year gold
bonds, to be a fir-st mortgage on the new lines ancl a second
mortgage on the 337 miles already constructed. The bonds will
be issued at not more than i?12,.")00 per mile, with the right
reserved, after the completion of any division, to issue $2,500
per mile in addition for any needed improvements, the total
being thus limited to §15,000 per mile. Subscriptions were
invited this afternoon, at the office of Messrs. Woerishoifer
Co., Ko. 54 Exchange Place; subscribers to pay 90 for the bonds
and receive a bonus of 5 shares ($500) of stock with each §1,000
bond, and the payments to be made in installments. More than
the whole amount \\a,< subscribed in two hours, but the awards
will not be closed until Saturday, in order to make a fair apportionment to suliscribera elsewhere, principally, we suppose, in
For these
&
Boston and Colorado. Here is the sum of $5,000,000 very
quickly jiledged for the building of new railroads in the far
West, a thing which has not been seen in New York for many a,
long day. It should be added that Denver & Rio Grande stock
has" risen to 34% from 31 j^ yesterday."
&
$262,946
$238,007
$134,744
$149,101
"The item of taxes for 1879, $28,752, includes ?12,237 raid in
compromise of a number of .suits for large arreare of taxes
claimed to be due for six j-ears before the purcha.se of the road
by this road and the Central, and the item rent of rolling stock
A heavy blow, however, has fallen upon us
is really net to us.
in connection with this road during the past year, in a decision
of the Supreme Court of Alabama, holding a part of this road
liable for the outstanding income bonds of the Montgomery &
West Point Railroad Company. Although the case is not yet
terminated, it was deemed prudent in connection with the
Central Railroad to offer a libei'al compromi.se to the holders of
these bonds, which nearly all have accepted. The amount we
have paid in these settlements was §132,217, and it wUl probably
be increased to ?2,")0,000 by the time they are finished. We have
also redeemed during the year ?224,750 Montgomery & West
Point first mortgage eight per cent bonds, and these two sums
charged to purchase account of Western Railroad on the balance
sheet of the company, have raised it from $361,005, the amount
last year, to $817,973."
The President gives the following statement of the interest to
be paid upon obligations, andj what portion of it they may
expect to derive from outside inve.stments, during the current
fiscal year, which gives a condensed view of the present situation
-.
Interest to be paid before dividends Estimated receipts from sources except earnings of road and bank.
can be declared for year ending
Dividend ou A. & W. P.
March 31. 1880.
stock
$32,000
On $1,000,000 Ga. RR. 6
iMJuds
$60,000 Dividend ou Rome Railroad
per cent
stock
9,000
On $476,500 Ga. RR. 7 per
33,355 Interest on bonds owned.
cent ))onda
16,500
W. RR. coupon account
84,120
On $670,000 M. & A. 7 per
" Rolling stock aceoimt. 18,000
46,900
cent bonds
Ou $1,051,500 W. RR. 8 per
84.1 20
Total
cent bonds
$159,620
Miec«llan's and contingent. 18,000
Total
"
:
. .
$242,375
159,620
$82,755
Balance
" Thus it appears in brief that the present situation of the
company is that net earnings of $82,755, equal to 1'97 per cent
•on capital stock, must be made by the road and bank during
the next year for our creditors, and whatever is earned above
that amount is available for dividends to stockholders and
for retiring our obligations."
— This
railroad company's purchase
per cent mortgage gold bonds and 6
per cent mortgage currency bonds, and first and second preferred stock, have been placed on the Stock Exchange list.
Chicago Milwankee & St. Paul.— The Chicago InterOcean
" The Chicago Milwaukee & St.
publishes the following
Paul Railroad C(jmpany will begin next week the laying of
tracks on the important extension of the Prairie Du.Chien
Division. The present terminus is Pattersonville, twenty-three,
miles from the Great Sioux River, which is the boundary between Iowa and Dakota. In this space the roadbed is already
made. Only a brief stop will be made at the State boundaiy,
for during this year the rails are to be laid far into Dakota, to
a distance of 190 miles from the present terminus. The line of
the road will run about sixty miles north of the Missouri River
most of the way, and will cross that river at or near Brule
City, where the onward march of the iron horse toward the
Black Hills, its ultimate stamping grounds, will cease for this
Cliesapealte
Ohio.
money funding bonds,
Net
Lotal
Less income
Grand
Total
.'5,022
$397,691
$213,193
28.753
21,000
City to Leadville and " Ten-mile" (through the
of the Arkansas)
Alamosa, westward, to the San Juan mines
Alamosa, eastward, to Abuciuerque, N. Mex
Canon
Mnreli 31.
lb79.
$08,021
284,608
4.714
LVoL. xxviii.
6
:
year."
—
Chicaaro Rock Island & Paclfle. The following is an oflistatement of the earnings of the Chicago Rock Island &
Pacific Railroad Company for the fiscal year ending April 1,
1879:
cial
Gross earnings
Operating expenses,
.$9,409,833
taxejs,
&c
5.079,872
$4,329,960
Fixed charges for interest ou bonds
Interest ouC. A.H. \V. bonds
Interest on K. & D. M. bonds
RentP. &B. V. Railroad
$589,830
350,000
68,750
125,000
l,133,58q
$3,190,380
Net earnings
cent on the capital stock.
for previous year ending April 1, 1878
Gross earnings
Operating expenses
—About 15 23-100 per
Same
:
$7,895,870
4,384,514
$3,511,356
Fixed charges for interest on bonds
Interest on C. & 8. W. bonds
P.
& B.
Valley rent
Net earnings
$652,325
350.000
l'-'5,000
^^„^,^^
$2,384,031
St. Louis & New Orleans.— This Company's " Tennessee lien" bonds, of which §1,199,000 are to be issued, have
been placed on the Stock Board list ; also first consolidated
mortgage bonds, the total authorized issue being $13,000,000_;
second mortgage bonds (interest for five years payable, if
earned), of which the total authorized issue is $8,000,000 and
stock, the total authorized issue of which is $10,000,000,
although only $8,(;63,650 have been issued. The road has a
total lensrth of 631 miles, and its bonded debt at present is
Chicago
;
OENERAI. INVESTMENT NEWS.
Atcbison Topeka & Santa Fe— Denyer & Rio Grande.—
press despatch from Denver, May 15, says: "In the suit
between the Denver & Rio Grande and the Atchison Topeka &
A
$17,621,500.
tliicago St.
Paul & Minneapolis.— The shares have beea
—
:
Mat
THE CHRONICLE.
17. 1870.
they would consider themselves entitled to accept any advnnlagiiius proposal, and those who hung back coulj lake the
conse<| uenc<!tt of their inaction.
On motion It was unanimously rettolvod to approve the pinn
of the committee, who were re<|Uested to havo the necewtarjr
documents proi>are<l for the accei)tance of the bondholdent.
admitted to dtmlinRS at the Stock Kxcliatifff. Thorn arc 40.000
ahanw of tlic ci.mmon and 10,000 Hhartw of the nr^fnrrod utock.
This road i» ;i comn'oting link of the Chicago & Northwestern,
andeitendsfr.ini Klroy, Wis,, to St. Paul. The ('hica:?o St.
Paul & Minueapoli.s tas two western termini St. Paul and
Minne«p»lis. It is \9S'^ miles long, and with the exception of
.
—
,
503
The meeting then adjoarued.
Dpiaware & nonnd Brook— IMiiladelphIa ft R(>adin|r>
The Philadelphia & lleading has concluded arrangements for
leasing the North Pennsylvania Railroad, which extends from
•of buHine.s.s.
milt«, and it«
Colnmhn>i Chlrnffo & Ind. Cent'-al.— A large meeting of the Philadelphia to Hethlehem, a distance of
the NortheaHt
first eonsiilidnted mortgage bondholders was held May l!i, in laterals, comprising the Sttiny Creek road,
It has l,r>00,000 acres
is laid with Hteel rails.
There is no float inj< debt, and the eompany has ii fortyland.
j'ears' contract with the Chiengo & Northwestern forau exchange
thirty miles,
of
M
and the branch to Dovlestown, and also the Delaroad, fnun Philadelphia to Roimd Rrook,
N. ,!., when' it unites with the New Jersey Central. The N. T.
7Vm« reports the lease for ilSlO years, being made for this term
because the Round Rrook road's irharter is for itilO years, and a,
few years of its existence have already passed. The conditions
are that the Reading is to pay all interest on the bonds of both
the main roads and the laterals, and the interest on the
response to a eall issued by the eonjmitteo appointed after the
•default in 1875. The ot)jeet of the meeting was to take measures to conform to the terms of Judge Harlan's recent decision
in favor of the Columbus Chicago & Indiana Central bondliolders, and for this purpose the committee presented, through
their counsel, Mr. Charles F. Southmayd, of Kvarts, Southmayd
Clioate, a report which is Kubstantialty as follows
,In<l;rc llail:>ii"s dcciaioii. w lille ilcclarln); the lease viilld, rpnuircH the
IxmilliDlilii-. Ici niluci- tlieli- lioiideil iiidelitedness tii sfl.^.M'Jl.OOOiit 7 per
L
I
&
Penn.sylvania,
ware
:
per (rent until the bonds are converted.
to pay dividends on the stock of
both roads quarterly, on the 1st of February, May, August,
and November. For the first two years it is bound to pay
tS
per cent dividends for the next two years following, 7 per
cent, and for all sul>sequent years 8 per cent, free of all taxes.
The bonded indebtedness of tlie Round Rrook road is $I,5(M),000,
and the capital stock about $1,5(K),000. The bonded indebtedness of the North Penn-sylvania is $(5,000,000, and the capital
floating indebtedness at
The Reading also binds
hr I'csidue to lie re|tr^'.seiiteil by eonvertihie iiieotite hniid-*,
ronHiKtluX"f li.iil "f tlie$U).(M)O.0O0 iHsue. They are kIvoii uiilUJiiii. 1,
18X0, to aecoinpiisli this reduction, in default of wliloh tlie I'eiiuHylviiiiia
Kailroad roinpanv inavtlieii npply to linvellie lease repcliided. Further
aritiimenl l« to lie had l>i'fore JiidKe Harhiiiat Chieatto on Jnne2 t<> determine the ti'rinsof paynn-nt of llicliaik i-entnls. amounting to dat^ to $y.400.000 ahoveail p.iVnu'nta huretofore niadevn ueeoiint. The reduction
<n'Ht intereHT,
I
lun.tt lie made liv the' Itrst ecniaoliduteil mortpigo tioudholderrt.
iire onlKlandinKsoetiounl bonds which are a lien on the road prior
Uw
There Is. be.siiles, a claim that has been many years in litiffatlon
under the I'nllan mortjjase, amouTitlnRnow with interest to ijsl.'iOO.Ooo,
which umsl conic In ahead of the first consolidated niortKnge bonds.
ims!.
eonunittee insist that this niortKap- covers only -27 miles of a branch
road between Uiehmond and Newcastle, of little value to the main line,
and that, should it be (tiven up. the Pennsylvania Railroad Comjiany will
be entitled onl.v to an abatement of rental proiwrtionatc to its value.
That cnmpanv claims that it would break the lea.se and Mr. Piillan claims
that the moitpiite e.vtends to oilier portions of the road.' It is iinpossilile to sav what anicmnt will have to be paid to settle this claim, but them
committee lielieve less than one-third the sum asked. There Is also in
excess of Judi;c Harlan's limit iii'.;.4">0,000 of eonsolldateil second niortgngo iMmds owned by individual holders, and .'fl,'.' 40,000 of similar bonds
owned hy the Pennsylvania Uailroad ( ompany. wliieli latter are sulijcct
to an ajtreement that they may lie excliaiiKed for iinoine bonds whenever
the absolute liMlebtedncss of the company is reduced to Judiic Harlan's
llKures. There are, furthernioro. claims for richt of way and depot
grounds unpaid eiimil to $100,000 or more. To effect the necessary
redaction tlie committee propose the following plan;
1. To pav oiV. out of the baek rentals, the excess of $1.-100,000 of sectioual and loiisolidated first inort^'aKe liouds. Of the former, .$6(i(i,500
are 10 per cent lionds. which constitute a prior lien ontiOmilcaof the
road riinniiiir out of Indianapolis. The committee have no ho|)e of obtaiuiuf; Ilie.~e at a diseoiint. but they may be retired at par on GO days'
notice, 'riie other sectional bonds should, in the oi>iiiiou of the commit-
The
'.
'
tee, submit to a rcduetion.
tcnus, the
eoiiiiuil tee to
If
unable to purchase them on satisfactory
have tUo option of purcUasluj;
flrst
consolidated
luort'^ifrc bonds instead.
2. If Mr. I'ullan will accept ft reasonable compromise, to pay him out
of tlmkiaek rentals, and if not to continue the tijiht with him, and deposit a sutlieicnt number of consolidated first mortgage bonds to abide
'
the decision of the courts.
3. To convert the $2,4.50.000 of second mortgage bonds into income
iMmLs, wiping out accrned interest. Those holders who come into the
agreement to be allowed 10 per ecnt of the par value of their holdings in
«ash out of the back n-ntals. Holdei's to ifciio.sit their bonds and sign
the agreement before June 1. An order of the court to be obtained authoriziug the p-'iymentof the 10 percent; if refused, the second mortj^ivgc Ixiiidholai'i's to lie at liberty to withdraw from the agrcemcut.
4. Second mortgage bondholdci's who refuse these terms to be cut oft
by foreclosure of the lirst mortgage.
5. IjCHt an extension of time after Jan. 1 should be found necessary,
ami in order to furnish securit}' for carrying out the order of Judge Harlan, the tlrst consolidated mortgage bondholders to sign an agreement
4ind to deposit tlicir bonds under the following conditions: The Trustees
iand Receivers to be authorized to sclei^t by "lot from the bonds so deposited an amount eiiual to the Pullan claim and the aggregate of non' 'assenting second
mortgage bonds, or such portion of the back rental as
for other punxiscs, or such lesser amount of either as
' niay not he iise<l
the court may on application deiMu' sultlcicnt. These bonds or this money
'
to bo placed on special dtmposit in some trust company. In case they have
to be given up. the loss to bo made good to the owners by all the first
consolidated mortgage bondholders, pro rata, and an or<ler of the court
"
to be obtained for that purpose.
In ordi-r to i:rovide for unforeseen contingencies, the comtnlttce. Trustees and Ileeeivers to be authorized to make such moditlcations and take
«nch steps as they may deem necessary, with the approval of a siiecillcd
matorlty of the bondholders.
Mr. Southmayd, as reported in the Timet, urged the accept,,
ance of this plan in an eloquent speech, in which he described
the labors of the committee to save the lease. The Penn.sylvania Railroad Company hoped, he said, by withholding rentals
to give the bondholders of the section between Columbus and
Indianapolis an excu.se to foreclose. The latter would be only
fcx) glad to take that portion of the road for their bonds, and
Great Eastern
this would break the lease. The Chicago
.«ection bonds would in that event be worthle.ss. In fact, that
For the first 15
section ought never to have been built.
moTiths of their fight the committee received no money to pay
interest, and the road was only saved by Mr. Adrian Iselin, one
of the committee, advancing $300,000 out of his own pocket.
After tliat the Pennsylvania Kailroad Co. were compelled to pay
the net earnings of the road inonthlv into court, but thi.s asrgre«ating $l,i»00,000— had fallen If 500,000 short of meeting the
interest on the sectional bonds alone. The Eastern Division
bondholders had had to suffer, the committee deeming that it
was not their interest to foreclose. In conducting the fight with
..
,
.
.
.
&
—
(!
it.s<'lf
;
There
tothc
^lO-fJ-^JUMt of the eonsolldateil llrst mortgage bonds, uniountiuK to
$7,iM>0,ooo or thci-ealiouts. Durinj; the fouryears that the road has been
net earuiuKs, aeeordinj; to tlie sworn reports
in the re.en cr's hanils.
of the I'l iinsylvanta Uailroad Company, have a^'Kri'^ated .f.WO, 000 less
retpiired
ti>
pay the interest on tlieiu'iorseetional bonds.
than the amount
The seelional and drst eonsolidaled niortwixe bonds to^'ether eseeed the
by
nnire than $1,-100.000, cNelnsive of inter.lud',-e
Harlan
limit set by
& Round Rrook
stock, $4,500,000.
—
Frankfort & Kokomo, This railroad company's bondfi,
amounting to $200,000, and stock, amounting to $tiOO,(K)0, have
been placed on the Board list. The road is only twenty-six
miles long, and runs from Frankfort, Clinton County, to
Kokoino, Howard County, Ind., connecting the Chicago Division
of the Pan Handle Road and the Indianapolis Peru & Chicago
Road with the Lafayette SInncie & Bloomington Railroad, and
the Logansport Crawfordsville & Southwestern Railroad.
Kansas Pacific. A decree for the foreclosure of the second
land grant mortgage of the Kansas Pacific Railroad has been
granted by the ITiiited States Court at Topeka, Kansas. This
mortgage covered all the, lands lying east of the 380th milepost, and the first laud grant mortgage covered the same lands.
The amount of bonds issued under the second mortgage was
$1,500,000. No interest has been jiaid on the.se bonds since
1876. It is said that the foreclosure of this mortgage is in
accordance with the original plan of the "pool" for the re-constmction of the Kansas Pacific Company.
A printed copy has just been issued of the new consolidated
mortgage for $30,000,000, into which the varioas classes of debt
are ultimately to be funded. Concerning this the American,
Exchange says
" Mr. Jav Oould and Mr. Russell Sage are named as tmstees. and the
amoimt of bonds authorized to be issued is $30,000,000. The mortgage
covers all the company's railroad, rolling stock and equipment, lands,
land contracts and bills receivable, the sums payable by the United
States to the company under the decision of the United States Supreme
—
:
per cent' case, all cxti'Usions and branches of the railroiul
hereafter be authorized by law," the bonds and stocks ot
otlier companies, and addilional etiuiiunent, purchased or guaranteed,
or whose roads shall be leased by the company, and various securities
now owned bv the company, embracing 2!).S)8I> sh.ares of the slock of the
nenver Pacitic Railway & Telegraph Company. i?is20.O00 bonds and
$720,000 stock of the Junction City & Fort Kearney Kailwivy Couipany,
&c.
"Tlie companv has alreadv conf meted with Messrs. Sidney Dillon,
Russell .Sage and Hciirv Villa'rd for the conversion into $3,400,000 consolidated mortgage bonds of the following seeuriiies held hy them:
$784,000 funding bonds, $7.")4,000 second land-grant bonds, $7,'i.000
Leavcnwoitli liranih limids, $(17,000 unstamped income bonds, .$2,011,-
Court
•
.as
in the"
mav now or
ineonie bonds and $454,000 tlrst mortgage bunds of tlio
Arkansas Valley Kailroail Company.
'•
For the conversion of the existing finidcd debt of the company, it te
proixjsed to issue $24,000,000 in consolidated moitgage bonds, seeurert
upon 673 miles of railroad and about .'i.OOO.OOO acres of land, and the
remaining $(j.0O(i.tMio bonds are to be issued upon first-mortgage security
400 stamped
of land, controlled or Inreafter constructed roads, at a rate not exceeding $1.5.(X10 for each mile east of the meridian of Deuver, or $25,000 foreacli mile west thereof.
" It is proposed to offer the new consolidated mortgage bonds iu exchange for the bonds secured by the existing mortgage of the company
at the rates following
" First— I'or the Kastern and Middle Division and Denver Extension
moitgage bonds, and the funded interest certificates thereof, at par.
" Second— For the funding mortgage bonds, at pur, no allowance being
made for the tlvi' Interest warrants now overdue.
'•
Third— For I.eavcnwortli Branch bonds and unstamped Income l>OTid8
and Leavenworth linoieh funded interest certitieatcs. at 30 cents <m the
dollar, nothing being allowed for any arrears of interest to May 1. 1879.
" Fourth— For the stamped income bonds, with all past-tlue couXKins
annexed, at 30 leiits on the dollar.
.._
j ^ »_
" Flflli— For the tli-st land-gr.mt bonds and nrnt land-grant fimdea mtei-est cerlillcates at par.
"Sixth— For the second land-grant bonds, with all past due coupons
annexed, together with the accompanying second laud-gmnt fundi'd Interest certitieatcs, at 50 cents on tlit^ dollar.
"The arrcurs of inten'st due on unpaid and unfundetl coni>on» ana
funded interest ccrtllcate coupons and Intorest warrants are to be paid
from the proceeds of the sale of $2,000,000 of the new bonds. The old
securities acfpiired in exchange for the consolidated mortgago Iwnds are
not to be canceled until all of them outstanding have lioen thus received
by the company. The new bonds are to mature In IStl!), and are to l>enr
per cent per aimum."
Interest at the rate of
The Kansas Pacific foreclosure case in the United States
District Court at Topeka, Kan-sas, has been postponed to the
next term, if June, in the meantime, Mr, G, 1. Smith, th*
receiver, continues in pos.setsion of the road.
—
Western Uslon Railroad.— The motion for an injunction
the Penn.sylvania Railroad Company, the committee were supported only by between fl,000,000 and $5,000,000 of bonds. and the appointment of a receiver in the foreclosure suit has
Thus was unfair, and the working bondholders di^l not propose been set for hearing May 20. by the United States Circuit
to submit to it an/ longer. They gave notice that hereafter Court.
;
.
.
:
:
THE CHRONICLE.
504
[Vol.
XXVIIL
May
16, 1879.
ON.
OOTT
S'RIDAY, P. M.,
coSm ercIIl eHto me.
Friday Night, May 16, 1879.
and it gives a consider-
We have seasonable weather at length
A " strike" of the
able impulse to some branches of trade.
stevedores employed by the European steamship lines has
caused some embarrassment to exporters, except of grain, but
it is
believed that the trouble will be ended in the coming week.
progress towards an
Commerceand manufactures make steady
improvement, not faster, however, than the situation seems to
Tfarrant and the general tone of mercantile circles is quite
cheerful, natisfaction being expressed with the situation at pres;
ent and the prospects of the future.
The provision market has shown many points ef improvement during the week. The advices from Chicago have been
the stimulating influence, based upon a revival of speculation.
In the matter of business, however, this market has not responded. To-day, sharp advances took place early in the day,
with a better business, followed by a dull and declining market.
Pork on the spot $9.12^@9.50 for old, and |10.15@10.25 for
new mess ; June sold at $10.10@10.15 ; August $10.20, and September $10.30. Lard closed at 6.30c. for prime city on the spot,
6.40c. for do. Western; do. for May 6.40c.; June sold at
6.37?6c., July 6.52}^@6.47)6c., closing at 6.42?6c.; August at
6.55@6.50c., closing at 6.47/^c.; refined for the Continent quoted
at 6.80c. Bacon declined to 5c. for long and short clear, 5 >^c.
for short clear, 5c. for long clear. Butter and cheese now manifest much steadiness ; the demands have latterly improved
and arrivals have become more moderate. Tallow dull at 6^c.
The Movement op the Crop,
as indicated by our teJegransfl
from the South to-night, is given below. For the week ending
this evening (May 16), the total receipts have reached 19,897
bales, against 19,031 bales last week, 33,283 bales the previous
week, and 36,183 bales three weeks since; making the total
receipts since the 1st of September, 1878, 4,355,935 bales, againsl
4,158,1-52 bales for the same period of 1877-8, showing an increase
since September 1, 1878, of 197,783 bales. The details of the
receipts for this week (as per telegraph) and for the corresponding
weeks of four previous years are as follows:
Receipt* this w'k at
Orleans
Mobile
Galveston
Raw sugar has met with a good demand at a slight advance
in prices, the quotations now being 6M@6%c. for fair to good
refining Cuba. The strength of the raw market is mainlv due
to the activity and firmness of the refined product, which has
also shown some advance. Crushed closes at S^/^gSMc.
Hlids.
Bags
Melado.
Boxes.
453
27,160
1,309
74,417
Beeeipts since May 1,1879
342
25,965
12,664
14,850
8ale«slnce
45,497
26,255
744,723
2,230
BtockMay 14, 1879
594
13,521
125,754
39,944
May
15,
ejock
1878
Hio coffee has been moderately active at unchanged prices,
Mild grades pave been
fair cargoes still being quoted at i3c.
The sales have included j
fairly active at the recent quotations.
3,200 mats Singapore, 6,000 bags Maracaibo, 2,000 bags Costa
Ilica, and sundry lots of Mexican, SavaniUa, African and Lagnayra, within the range of the quotations elsewhere given. 1
Mola-sses has generally been quiet at old prices, but latterly
there has been a better demand for refining grades, and Cuba |
Rice has been active, both
60-test has ruled firm at 27^@28c.
here and at the South, at higher prices, the market being stimucrop
is
likely
to show a falling off
lated by reports that the
tiiis season.
Tobacco has been less active in the past week the only relief
to absolute dulness in Kentucky stock has been a better demand for home consumption. The sales are 600 hhds., of which
100 for export and 500 for home consumption. Prices are unchanged lugs 3@4?6c. and leaf 5@12c. Seed leaf has moved
rather slowly, the sales for the week aggregating only 761 cases,
as follows 264 cases 1878 crop. New England, seconds and
fillers, private terms ; 150 cases 1877 crop. New England, wrappers, 14c. to 21c.; 250 cases 1877 crop, Pennsylvania, 12c. to 20c.;
and 97 cases 1878 crop, Wisconsin, on private terms. It will be
observed that prices of the crop of 1878 are still withheld.
Spanish tobacco in fair request, and sales include 600 bales
at 85c.@$l 05.
Ocean freight room has received fair attention, both berth
and charter descriptions ; the latter have, perhaps, been relatively the steadier; but considering the influences exerted by liberal supplies of tonnage and the existence of a pertinacious
strike of the 'longshoremen, rates can be considered as satisGrain to
factory. Late engagements and charters include
Liverpool, by steam, 5^d., 60 lbs. provisions, 25@32s. 6d.
otton, by sail, 5-32d. ; grain to Glasgow, by steam, 6d., 60
lb«. ; do. to Bristol, by steam, 7d., 60 lbs. ; do. by sail, 48. 6d.
per qr. ; do. to Cork for orders, 4k. 10?6d.@5s. do. to direct
Sort in United Kingdom, 4s. 4>6d. do. to Oporto, 16^c. per
ashel; refined petroleum to Bremen, 2s. 9d. per bbl.; do. to
the Baltic, 4s.@4s. IJ^d. To-dav, business was limited, but
rates unchanged ; grain to Bristol, by steam, 7d.; do. by eail,
48. 6d. per qr. gram to Bordeaux, 4s. 3d. per qr. ; do. to N aples,
Refined
4s. 6d.; do. to Antwerp, 4s. 3d.; do. to Rouen, 4s. 6d.
petroleum to Liverpool, 2s. lid.; do. to Levant, 26?6c. per case.
Naval stores have declined ; during the past few days a good
export trade has been done, particularly in rosins, but the
market closes quiet at $1 30 for common to good strained, and
2836@29c. for spirits turpentine. Petroleum, while remaining
qniet, is nevertheless steadily quoted at 8%c. for refined in
bbls. Lead has advanced to 3^c. for common domestic. Oils
have been more active Linseed, 60@61c.; 460 bbls. crude
roerm sold here for export at about 79@80c. American and
Bootch pig irons quiet and without new features. Ingot coppar firm at 16c. for Lake, and quiet. Wool is selling better, and
more firmness and several advances are noted ; stocks are very
moderate and prices low, and a speculative interest has been
developed. Whiskey closed at $1 05@$1 05?^.
;
;
:
^vana
Total this
;
:
.
.
1.
1876.
1875.
7,188
934
192
1,658
53
397
2,093
1,626
15
5,0S5
1,123
1,276
2,456
6,655
1.420
1,986
547
602
2
2,306
5,439
647
1,868
2,332
1,654
93
67
3,759
17
622
1
2,488
21
614
433
2,699
351
2,604
2,076
88
2,637
133
2,187
521
19,897
20,097
16,288
19,995
18,372
225
week
1877.
4,833
1,555
Q
289
124
4,355,935 4,158,152 3,873,227 3,987,774 3,379,335
The exports for the week ending this evening reach a total of
49,717 bales, of which 38,974 were to Great Britain, 5,503 to
France, and 4,235 to rest of the Continent, while the stocks as
made up this evening are now 294,545 bales. Below are the
stocks and exports for the week, and also for the corresponding
week of last season
EXPORTED TO—
Week
ending
May
France.
16. Britain.
24,936
N. Orl'ns
4,937
this
Same
Week
Week.
1878.
Total
Continent.
4,235
34,108
Mobile..
29,381
1,400
....
Charl't'n
Savan'h.
5,017
4,176
3,351
8,469
7,963
2,843
5,017
Galv't'n-
....
N. York.
75
5,662
Norfolk"
Other*..
^
....
5,737
....
....
3,359
496
....
3,855
38,974
5,508
4,235
48,717
,
STOCK.
1879.
1878.
68,033 100,786
6,928 14,526
8,017
4,515
5,526
6,321
6,338 13,41!>
165,169 160,687
10,534
4,881
24,000 28,000
Tot. this
week..
57,586 294,545 332,592:
Tot. since
8ept. 1. 1920,827 404,717 916.011 3241,555 3137,707
• The exports this week under the head of " other ports" include, from Balttmore. IT'i bales to LiTerpool, and 496 bales to Prance from Boston, 2,604 ba)«B
from Philadelphia, 583 bales to Liverpool.
to Liverpool
;
:
foregoing statement it will be seen that, compared
with the corresponding week of last season, there is a decreaie
in the exports this week of 8,869 bales, while the stocks to-night
are 38.047 bales less than they were at this time a year ago.
In addition to above exports, our telegrams to-night also give
as the following amounts of cotton on shipboard, not cleared, at
add also similar figures for New York,
the ports named.
which are prepared for our special use by Messrs. Carey, Yale &
Lambert, 60 Beaver street
From the
We
On Bhipl>oard,
May
16,
at—
Liverpool.
Hew Orleans
15,000
2,000
Mobile
Charleston
1,717
4,000
4,198
1,500
4,000
Savannah
Galveston
New York
Other ports
32,415
Total
Included
not cleared— for
Other
Coastr
France. Foreign
2,250
None.
None.
None.
None.
None.
wise.
200
750
550
500
None
2,250
1,200
Stock.
161
None.
1,000
17,650
2,750
3,267
4,500
4,359
*2,150
5,000
163,019
29,534
3,161
39,676
254,986
200
None.
1,000
None.
None.
None.
None.
Leaving
Total.
50,500
4,178
4,750
1,026
1,979
amount there are 650 bales at presses for foreign ports, the
destination of which we cannot learn.
following
is our usual table showing the movement of
The
cotton at all the ports from Sept. 1 to May 9, the latest mail dates:
;
;
49
4,593
28
Total since Sept.
:
;
&e
Tennessee, &o
Florida
North Carolina
Norfolk
City Point, &c
and
for prime.
3,500
1,187
1,412
11
2,634
3,208
PortKoyal, &c
Indianola,
1878.
1879.
New
in this
RECEIPTS SINCE
SEPT.
Ports.
1878.
1.
1877.
N.Orlns ll.')6,668 1344,696
Mobile. 357,667 404,313
Char'n* 510,323 452,038
694,517 575,989
Sav'h .
Galv.*
545,797 434.382
N.York 143,942 133,369
Florida
56,193
14,177
N. Car. 133,627 138,838
Norf'k* 546,029 487,896
Other.. 191,275 152,357
EXPORTED SINCE
SEPT. 1
Other
Britain. f*an«e. Foreign
Great
,-
|
TO—
_..„,
Stock.
Total.
617,083 206,672 344,073 1167,828 95,964
7,762
56,000 35,583 29,677 121.260
6,923
145,029 57,140 176,143 378,312
195,573 23,646 232,677 451,896 10,069
7,476
219,320 59.478 61,010 342,808
213,011 11,960 24,355 249,326 172,680
135
15,858
1,967
13,756
65,111
1,005
44,472
2,050 18,589
9,722
713
5,098 190,039
184,223
17,019 210,400 24,000
193,381
.
This yr. 4336,038
•
heitd of Charleston Is Included Port Royal, Ac; under the head «t
included Indianola, &c.; under the head of yoriolk is included City
Under the
ealvmton
Point, &c.
1881,853 399,209 911,776 3192, 83.S 335,591
1138,055 1957.240 473.324 649,557 3080.121 .386.952
Lastyr
is
.
.
Mat
THE (JHRONICLE.
17, 1870.]
hw
Tl>o mnrkol for cotton on the upot
buHinosH for
been moro active, and
afternoon thoro was a largo
con.sumptlon. which was rojwrtod on VVodne»
On Tuesday
advanced.
jiriccM liavii
home
and on Wednesday, and quotations were advanced 1-lOc.
day afternoon 3,000 Imles were sold for export, followed on
to 13|c.
Thurslay, when reported, by a further advance of
for middling upland.^, and at the same time the principal Southern markets were advanced i^ic, with activity at New Orleans,
;
ic
where, alone, licdde New York, is any considerable stock offered.
To-day, there was a further advance of J<35-I0c., with middling
uplands 123c. The .speculative movement In futures was comparatively moderate for the first half of the week, and prices
variable, with a feverish, unsettled tone prevailing. Home of
the "outside parties" to the recent speculation for a rise sold out
and closed their accounts. The market was thus deprived of
much of its support, and greatly improved crop accounts wore
added to the depressing influences. But on Wednesday, the
advices from Liverpool and Manchester were unexpectedly strong
and reassuring, causing an active renewal of speculation for the
rifle, which continued to near the close on Thursday. August
advancing to IS'IO, but there was some weakness at the close.
To-day, there was a further advance of 12@15 points, part of
which WHS afterwards
lost.
The total sales for forward delivery for the week are 731,700
For immediate delivery the
free on board.
bUes, including
total sales foot up this week 9,523 bales, including 3 000 for export,
Of
(•.S-TO for consumption, 478 for speculation, and 194 In transit.
bales wore to arrive. The following tables show
the above,
the official quotations and sales for each day of the past week:
—
—
UPLANDS.
Sat. Mod Toe*
May 10 to
May 16.
NEW ORLEANS.
TEXAS.
niom Tuea Sat. iHon. Taaa
Sat.
11'19 11'16
11718 117,8
1113,8
111*18
121,8
12 '4
12 >4
127,8 127,8 127,8
12»,8 12«,8
1279
1279
I27s
Ordln'y.yo lOlSis 101S,o 1016,6 ll'lB 111,8 111,8
117l8
BtrictOnl.. 116
iiV 115,0 ll'lS
Oood Ord
imie
.
ll'iio 1113,, llli,8
Ills,, 1116,8 121,8 121,8
12 !«
12% 12>4 1214
126,8 126,8 127,8 127,8
127,8 127,8 129,0 12»16
12% 12% 127g 12'8
Btr. (I'd Ortl
Low Middy
131a
Str.L-wMid 125i8
Middling... 127,8
Good Mid
12%
..
Ik'
111,8
117,8
11 ",8
121,8
12%
127,8
129,8
1279
13
13% 13% 13% 13% 13% 13%
13
Btr. O'd Mid 13
MIdd-g Fair 1311,8 13:i,» 1311,6 1313,8 1313,8 1313,0 1313,8 1313,8 1313,8
1411,8
1415,8 1413,8 1413,8 1413,8 1413iol 1413,8
Fair
14l'l9 14",8
Wed
Tta.
Wed Th.
Frt.
I
Frt. W^ed
Tk.
11%
11%
11^
Good Ord ..! 11%
BtriotOrd.
Btr.
Btr.i.'w
Hid
123,8
127,8
129,8
12%
12',.
123*
117,,
lll.»,9
ll'a
O'd Ord 12
Low Mldd'i;
I
126i«
12%
12%
127,
12»»
Middling... 12%
aood Mid..' 1213,8 1213,8' 133,6
Btr.Q-dMid 131,9 J?^» 137,8
Midd'gFair 13% 137« 14%
Fair
14% 14Tg 15%
I
I
I
STAINED.
11%
11%
1169
II69
12
V
Good Ordinary
lb.
"Low MlddllES
MtddUng...
CLOSKD.
14%
15%
Il'l9
ll»t9
llTg
11»18 U-tl8
11»I8 ll'lB
117g
1178
12%
12%
11% 113g llSg
1158
11% 12
1116,8 121,0 126,8
123,9 12"18 12»18
12%
BalAH.
,9J*I0
It.loO
4.700
1801
fJMU
18 02
800
400
1.80(1
7J00
Frt.
SALES.
Speo- TranTotal.
port. sump. ul'fn sit.
Con-
Bales.
DeUv-
Tue«. Firm
Wed.
Steady, l,«adv..
Thurs Finn,
Fri.
.
%
adv
3.006
190
299
286
ioo
100
190 78.900
399 82.100
3?6 102.400
eriea.
2.196
51
i94 2.441 149.800
7»1
106
121
3,897 153.0O0
2.209 165,500
2,088
Firm, higher
3.000! 5.8.50
Total
400
300
600
600
200
200
194 9.522 731,700 2.300
478
Por forward delivery the sales have reached during the week
731.700 bales (all middling or on the basis of middling), and the
following is a statement of the sales and prices
For M*reta.
Bales.
100 .D."thl2-»6
;tKMl.a.l2thlilli.l
.10*.
.
30«tn
uaa
.
1
MO>.n.
100 e.a
UilS'Sl
IttalvSS
I4thl2-!13
lOOl.a. IStmS'S:)
14-3S
«0«,
100
400
aOO
>.n. I9thl2'34
12-S8
Balea.
CU.
Bales.
l.UOO
2.400
14-47
2.000.
400
500.
1,-.J00
2.500
400
000
.
12-50
12-31
12-sa
12-53
12M
l'i-35
l-i-58
12-57
12-9S
12-.M
»..'M0
4.900
1.100
12-Hfl
13-08
1..100
1305
1.700
1.300
1.000
11-oe
13-07
13-08
100
1310
12-W
2,'*X)
12-73
12-74
12-73
12-78
1,700
12-67
i2-;o
12-72
8.100
2 1110
100
l.lpO
l-i-74
l.-tOO
3.100
2.700
SOO
400
100
600
12-79
12-80
12-Sl
12-82
12-45
is-4a
1.80O
1.800
3.000
3.700
5.800
3.100
I.71M
3.500
8.100
l.STO
1,300
1,000
1,M00
1,500
800
OJO
l-i-85
la-at
12-87
12-98
800
114.800
H-M
For Jane.
12 91
1301
1302
l'i-72
12-se
9.700
2.COO
5.800
2.700
l-f-OO
8300
12-70
12-71
200>.li.19.hl2e»
1264
HOO
aooj.n.iniiiu-tw
ioni.ii.inhi2 7o
12-72
Ui-83
fes
1.200
5*X)
5.800
4^100
900
1.
!i-77
4700
1-2-78
.3400
S.OOO
3.300
4.700
3.100
l-J-81
l-i-83
1200
12-82
12-84
12-89
3,000
!2S3
K-84
.1.500
...12-87
5100
..12-88
..18-%«
9.100
3,900
2 100
I.:i00.
100
000
BOO
3.000
l.aOO
12 9>
12 86
l2->7
12-OT
400
]»«•
1>)0
12-VO
l.'OO..,
too
I»»l
9.100
.
1.800..
1.000..
800..
400..
.
12 71
12-75
12-79
12-77
12-7H
12-79
12 70
12-80
Vi-fl
12-82
1.80').
1284
1.104
For ^Qgust.
700
2 400.
10
12-99
3 IOO
:00
300
12 75
12-77
12-78
200
300
800
l-i-08
.1.700
100 •.n.lJth 12-90
100 n.D. '61.12- SO
000.
For JolT.
Cts.
12-97
1.800
1,100
!vBO
1,000
2.100
MO
51.900
Balea.
1.200
12-81
12-83
12-84
12-85
1*37
18-34
100
12-39
100
100 <.n.lStI< 19-41
100l.n.Ulhl2-4l
12-41
100
12-4a
100
l2-4«
400
li-47
100
12-49
§00
.
12- 4»
800
1.900
300.
1.100
Cla.
12-92
1»48
.18-tlO
12-91
... 12-98
. U-fiS
..U-M
7.-700
10800
aoo
Vim
12-'«
12-89
12-87
12-88
12-80
.12'»0
.12-1)1
12-92
VMS
100.
4.900
12-9:)
U-90
WSOO
1294
..
u-r
u-n
9300
1800
1268
11
12 87
-.
U-80
1191
900
iS-IBI
8;«)0
W-98
18-IM
18-00
H.IOil
9,7IX)
12 89
H.9IH)
IIWI
1270
a.ooo
II 91
I.HOII
1.01 K)
U-OH
1807
I»OH
9400
1871
HUO
e.TUO
4.H00
8.800
H.700
4.800
18-72
8.200
12-7,1
1274
7C0
(MO
I
8J*ao
4.900
1.800
1.000
800.
13-liU
18-10
.
.
.
000
8300....
8.000
li-:8
18- 79
1300
4 800
12-80
1.100
2.100
S.OOO
700.
1I--1
8.100
100
1318
18-19
13-20
12-88
18-88
18-84
UI-8B
7300
03OO
H-81
18a2
12-87
12-88
800
800
IS-W
8(H)
W-48
12 47
12-48
12-19
18-90
12-31
12-92
12-93
12-51
12-95
12-56
8700
9.500
8,900
7.900
9.700
6.-P0
6.100
4.600
4;«)0
.12-37
12-98
12-59
12-80
12-81
119(1
I1-J7
11-88
ii-j»
12-90
For Oetobcr.
11-89
8,1?00
1170
U-71
4.000
1.900
8.000
11-72
11-78
11-74
11-79
11-79,
11-77
UOI
11-80
11-81
na«
1132
IJW).
400
TOO
II'M
1130
1
100
aa
11 37
1.000..
11-48
11-48
ii-4a
ll-«
II
:w
ira»
OJO.
11-39
11-10
37300
11-41
For
11-12
11-43
MO..
1144
700
400
100
1,000
>-00
100..
100.. :::::::: ii J
eoo..
400 ;;;....
000..
1-:
1
t-
•
nS»
100..
n-90
100
11-91
100.
800..
.
:::::::WU
11-48
11-47
2*)0
The lollowing exchanges have been made during
I
1148
10'.
000..
900
11-58
11.13
11-94
-15pl. toexcS.SOOMajforJune.
11-88
ii-4a
11-41
1.100..
1.100
8.800
1.200
8.800
1.900
8.200
1,300
1.400
1.900
3.200
ll-8!Jl
11-80
11
11-79
II-80I
1
:::;;.;:!IS
1131
500
11-81
...11-82
iili
too
100
4,100
...ir"8|
I
it-.(t
It-O*
...I8-03
18-04
18-06
11-45
11-48
11-47
11-48
11-49
5')0
S'K)
1.300
3,900
2.100
3.200
9.000
8,200
8.600
9.100
lias
iiaa
Il-W
!|.
ifOO
200
80"
II 8:1
II tt
i!ioo!!
l.HOO.
1.100..
8,800,
200,.
211.400
2.900
8.900
9.C00
9.S00
3,900
2.700
II l»
UO
For SOT«inb«r.
1130
900
18-44
18-49
100
1.500
For 1MMTb-r.
li-9<
II
it
80300
M300
l-i-SO
4.900
l.'OO
178.400
For flcptembar.
1877
900
18-14
13-19
IK- 16
18-17
8.700
9.800
7.100
4.400
4.300
3,600
l.UOO
100
1.000
12-79
l(-78
»fll«
8,100
2.U0O
8.400
13-11
18-12
13-13
;:••:•
!3:
.
8,900
I.DOO
-18 pd. to oxch. 100
the week:
Ju eforJu-f.
The following wrill show the range of prices paid for futares,
and the closing bid and asked, at 3 o'clock P. M., on each day in
the past week.
Futures
Saturday.
raondajr.
Tneadajr.
Market.
Irregular.
Variable.
Variable.
For Day.
May
"
.
.
s.n.
June
.
.
July..
-
August.
Bcpfh'r
October
Nov'lwr
Dec'bor
Jan'ry
.
Tr. ord.
Closed.
For Day.
Closing.
tow.
Bid.
—
F«<Mre»
W^edneadaf.
Market.
Jlmier.
For Day.
"
..
g.n.
June. ..
July ...
August.
October
Nov'ber
Dec'ber
Jan'ry
Fob'ry
.
Closing.
Low.
12-72-12-64
12-70-12-60
12-82 12-70
12-99 12-87
13-10-12-99
12-78-12-6
11-98-11-88
11-54-11-40
11-43-11-33
High.
Cloaiiix-
Low. Bid.
12 49-12-461 12-43
12-41-12-41
12-61-12-56|l2-53
12-80-12-71 12 71
12-9112-84 12 84
44
54
72
85
12-6112-51 12-5152
11-83 11-71 11-70 71
11-42-11-32 11-32 33
11-32-11-22 11-21 23
11-32-11-32 11-23 23
12-45
Weak
Excited.
Firmer.
For Day.
Closing.
For Day.
nigh.
Frtdaj.
Tburadajr.
Low. Bid. AJik
12-54 12-52 118-54 6.';
12-50 12-.')0
12-67 12-63 12-66 67
12-83 12-80 12-S4
1296 12-50 12-98
12-66 12-61 13-63 64
11-83 11-81 11-85 86
11-43 11-40 11-43 44
11-35 11-ill 11-33 34
11-34 36
For Day.*
Cloaing,
Atk High. Low. BU. A»t
12-64 66 1283-12-83 12-81 83
Bid.
—
—
12-73 74 12-92-12-84 12-89
12-89 90 13-10-12-93 13^)6
13-01
13 22 13-08 13 18 19
12-70 71 12-90-12-76 12 88 89
11 39 90 12-03-11-98 12-00 01
11-57-11-53 11-55 5«
11-46
11-35 36 11-47-11-42 1145 48
11-4-2-11 -39 11-37 38 11-47-11-47 11-48 4»
—
—
—
—
.
To 2
P.
12-85
Firm.
12-70
12-55
Firm.
Tr. ord.
Closed.
*
Closing.
A»k riigfi. Iaw~ Bid. Atk
12-3912-30 12-37 38 12-4212-36 12-43 45
12-34-12-32
12-3-2-12-2H
12-54-12-45 12-53 54 12-56-12-48 12-56
12-72-12-(!3 12-72 - 12-75-12-67 12-74 75
12-815-12-74 12-83 84 12-86-12-78 12-85 86
12-55-12 44 12-53 51 12-57-12-49 12-.i6 5
11-77-11-69 11-75 76 11-80-11-72 11-79 80
11-37-11-30 11-35 36 11-40-11-33 11-40 41
11-27-11-19 1 1-25 26 11-27-11-22 11-29 30
11-28-11-23 11-31 32
11-21-1121
12-40
1245
Firm.
Steady.
High.
Sept'b'r
Sat.. Quiet
Mon. Dull
.
t<-M4
1.700
4.400
May.
FUTUKKS.
..?*
..
.
9»M
Big"!.
SALES OP SPOT AND TRANSFT.
Ex-
15
W«d Th.
MABKBT AMD
SPOT MARKET
11»19
111*,8
125,e
12% 129,0
127,8 1211,8
12=8
1278
12% 13
131,8 136,8
135,8 139,8
Dion Tnea
Sat.
Good Ordinary
Strict
llOlB 11%
lll4,8 11%
1179
12
12^19 1179
12% 12% 129,8 12%
126,8 127,9 1211,8 126,8
12% 1239 127, 12%
12 -Is
12»8
12% 13
1216,8 131,8 135,8 1215,8
13-1,8 13»18 13»,8 133,8
137»
14
14% 137g
1479
15
15% 147g
11%
11%
Ola.
12-IW
12 v«
12-UU
18-00
Frt.
I
Ordln'r.V1b| 11
Daloa.
14.000
5jiao
505
8t»atl.v.
M.
The Visible StJPPLY of Cotton, as made up by cable and
telegraph, is as follows. The Continental stocks are the figrues
of last Saturday, but the totals for Qieat Britain ar.d the afloat:
for the Continent are this week's returns, and consequenUy
brought down to Thursday evening; hence, to make the totals
the complete figures for to-night (May 18), we add the item of
exports from the United States, including in it the exports of
Friday only:
1877.
1878.
1878.
1879.
883.000 1.169.000 1,001.000
566.000
Stock at Liverpool
42,500
57,000
43.250
9,500
Stock at London
TotAl Great Britain stock .
Stock at Havre
Slock at Marseilles
Stock at Barcelona
Stock at Hamburg
Stock at Bremen
Stock at Aiiistordam
Stock at Rottordain
Stock at Antwerp
Stock at other conti'utal ports.
Oil .230
148 250
Total continental ports....
282,000
Total Euroi)ean «t«ck9.. ..
India cotton alloat for Europe.
Amer'n cotton afloat for Eur'pe
89:t,2.')0
Ei?ypt.BraziI.Ac,.afltforE'r'pe
14.000
294.315
Stock in I'nitcd States poru ..
Stock in U. S. Interior iwrts..
United States exports to-day
.
.
Total vUlblesupply
3,2.50
46 000
3 OOO
24 250
44 750
3.000
1.7.50
7.730
-.;:i3.t)00
3'<l.000
3S.0'29
C.OOO
892.500 1.211.500 1.058.000
L87.250
230.750 215.500
4.750
7.250
6.500
66.000
90.750
42.500
15.500
14.250
7.500
51.750
65.500
47.750
65.000
57,000
49.000
15.730
11.7.50
12.500
19.750
8.000
7.500
18.250
20,000
21.2.50
425,250
472.000
462.000
1,317.750 1.683..V)0 1.520.000
370.000 319.000
180.000
495.000
22.000
332.592
33.617
261.000
38.000
487.170
.000
5,000
1
51.2-25
365.000
51.000
458.325
60.954
5.000
1.804,824 2.383,939 2,895.895 2.779.279
:
—
..
.
6
THE (CHRONICLE.
506
Of
above,
tlie
American and
tlie totals of
Weather Reports by Telegraph. — The
are as
otiier descriptions
lollows
1878.
1877.
Liverpool stoclf
Continental stocliR
6(>1,000
American afldat for Europe....
United States stoclc
49.'),000
748,000
398,000
201,000
487,170
51,225
5,000
Atnerican—
187'J.
»5O0,000
241.000
384,000
294.545
38.029
Tluited States interior BtocliR..
6,000
Uuitcd States exi)ort» to-day..
Total American
East Indian, Brazil,
die.
—
Ijverpool
stoclf
London stoelf
Continental stoclts
India afloat for Europe
Egypt, Brazil, &c.,
Total East India,
Totol American
affoai
3(i(i,.500
332,592
35,017
1,000
fairly favorable for the
1876.
598,000
311,000
403,000
401,2.50
492,250
915,500
981,000
57,0(10
151,000
319,000
51,000
:
week, and
;,779,279
6i8d.
descriptions.
At the Interior Pouts the movement — tliat is the receipts
and shipments for the week, and stocks to-night, and for the
corresponding week of 1878 is set out in detail in the following
—
Receipts Shipm'ts
Stock.
Augusta, Ga
Columbus, Oa
1.101
2,768
8elma, Ala
Sfemphis, Tenn..
2i0
511
611
1,376
6,781
Jlashville.Tenn..
92
89
24,235
2,510
Macon, Ga
Montgomery, Ala
3,784
3,342
36(i
837
227
64
469
165
'78.
1,051
1,000
0,505
105
2,'JOO
075
2,107
4,832
1,742
10,840
1,385
:,546
9,739
38,029
4,422
10,144
35,617
30
60
601
296
46
180
44
292
980
554
244
294
182
30
109
235
93
360
588
607
240
872
400
553
1,331
244
2,744
5,072
198
_1.
Dallas, Texas .
Jefferson, Tex...
Blircveport, La .
.
Vlcksburg, Miss
Columbus, Miss..
1,304
344
2
9
700
Euf.iula, Ala...
Ga
Atlanta, Ga
Rome.Ga
Oriffln,
.
Cinomnatt, O...
Total, new p'rts
1,258
643
20
337
.'1
119
18
133
204
404
184
99
407
2,612
604
674
2,714
10,582
5,276
1,805
4,320
3.607
4,465
7.622
6,290
12,225
21,220
7,789
11.404
20,816
21.904
."^9.249
12.211
21.548
56,433
300
66
101
1,095
92
3,729
1,804
5..550
7,121
Total, all....
57
122
479
1,494
192
I
748
384
The above totals show that the old interior stocks have
decreased during the week 7,193 bales, and are to-night 3,413
bales more than at the same period last yeai. The receipts at the
same towns have been 1,87G bales less than the same week last
year.
Receipts prom the Plantations.
—The
following table
is
prepared for tlio purpose of indicating the actual movement each
•week from the plantations. Receipts at the out ports are sometimes misleading, as they are made up more largely one year
than another, at the expense of the interior stocks. We reach,
therefore, a safer conclusion through a comparative statement
like the following:
RECEIPTS FROM rLAiTATIOXS.
Week
Receipts at
ending1877.
Jan.
3..
"
10..
"
17.
"
24..
•'
31..
Feb.
7..
14..
21..
28..
14.,
21.
iiS.
Apr.
4.
11.
IS
25.
Jlar
2.
9,
16
tlie
1878.
Ports. Stock at Inter'r Ports
1879.
1877
1878.
1879.
it
has been no rainfall during the
badly.
Average thermometer 80»
est 55.
—
It has not rained here the past week.
The
Dallas, Texas.
thermometer has ranged from 55 to 88, averaging 73. Continuous dry weather is wanted, for, while all crops are doing -well,
wheat is now being harvested. The wheat is turning oat short
in quantity,
is
although excellent in quality.
Tie increased cotton
35 to 35 per cent in North Texas, east of Brazos River.
Brenham, Texas. The weather has been wann and dry
throughout the week, just such as was desired. Crops are doing
Average?
as well as possible, and fruits are moving to market.
thermometer 78, highest 88, and lowest 73.
New Orleans, Louisiana. There has been no rainfall the past..
week. The thermometer has averaged 74.
The weather during the past week
Shreteport, Louisiana.
been dry, and roads are in good condition. The thermometer hi
averaged 74, the highest being 87 and the lowest 01. The rain
River twenty-one
fall has reached two hundredths of an inch.
The cotton crop at Minden was damaged by a hail stonu
feet.
on the fourteenth.
Vickshurg, Missu,sippi. Crop prospects are promising.
Columbus, Mississippi. The weather has been warm and drythroughout the week, the thermometer ranging from 75 to 83.
hursLittle Hock, Arkansas.— Of the past week luesday and
day were cloudy, with light falls of rain, but the remainder of
the week has been clear. The thermometer has averaged 71,
ranging from 00 to 86, and the rainfall has reached thirty-six
hundredths of an inch.
We have had rain on three days the
Nashville, Tennessee.
past week, the rainfall reaching one inch and fifty-nine hundredths, and it was greatly needed. The thermometer has averaged 70, the highest being 80 and the lowest 47.
Memphis, Tennessee .—'Vhere has been rain on three days the
past week, mostly local, the rainfall reaching two inches and
Considerable damage by cutworms is
sixty-one hundredths.
urged, but think no serious damage has been done, and bnt
The weather is too cold
slight replanting will be necessary.
yet, but we have secured a good stand of cotton, and but littl&
Average thermometer '(3, highest 85 and
injury has been done.
—
—
—
—
'i
—
lowest 51.
—
1877
1878.
1879.
115,2<W 106,755 143,155 •249,905 253.239 281,631 108,770 157,118 130,508
101.132 142,099 121,091 223.007 236,293 26:3,04'
4,234 125,153 93,104
115.015 183,T27 113,613 214,057 '237,380 •233,2.30 106,065 154,814 93,202
109.44 164,059 148,640 I96,082j242,013 218,685 90,472 108.692 ia3,997
138,374 169,186 107,09' 1«2,'240:2U,494 220,9;i6 125,632 161,66' 109,447
140,000 137,138 171,608 179,26fl]240,708 214,11 137,032 133,352 164,790
120,720 120,090 150,841 174,977 '233,103 190,765 116,431 112,485 1 •27,4.89
as,o(w 109,736 134,328 173,47.s[226,0.S5,182,'240 86,569 103,318 1-25,.S09
ftS,615 94„S49 110,04' 173.178 210,936 170,438 68,315 78,699 98,2.'i9
60,742 90,947 83.'260 109,'281 192,466 105,019 40,856 72,4
78,447
41,5:)'
82,204 78,490 165,747 169,036 159,418 40,993 50,435 72,289
32,3«1 75,?23 60,202 158,041 140,653 141,612 24,600 52,740 42,396
30,39'
66,470 60,698 151,199 131,795 131,463 23,5.65 50,612 50,549
26,28'
59,886 54,283 140,649 119.991 116,879 15,73'
48,082 39.609
•21,18:;
40,033 34,977
51,391 44,851 IXi.Stiit 108,6:)3 107,0O5i 13,6
13,058
40,187|
128.411
95.979
91,900
20.302 25,118
18,010 39,016
26,841 88,856 36,183; 117,074 89,142 87,'294 15,304 32,019 31.611
7,0'20 17,604 13,161
16,56(1 31,196
107.534 75.550 78,962
22,'>3J
rl,516
7,471! 14,472 11,615
17,309 24,252 19,03ll 97,696 65,770
10,760|
7,600
16,288l 20,097! 19,f97l 86.3761 60,4.S3l 59,249i
1
That the total receipts from the plantations since Sept. 1 in
1878-9 were 4,409,53-2 bales; in 1877-8 were 4,193,103 bales; in
1876-7 were 3,921,877 bales.
2. That although the receipts at the out ports the past week
were 19,897 bales, 'he actual movement from plantations was
only 7,600 bales, the balance being drawn from stocks at the
interior ports.
Last year the receipts from the plantations for the
some week were 10,7(50 bales, and for 1877 they were 4,968 bales.
,.^
'
It has rained on two days this we«k,
Mobile, Alabama.
but the rainfall was too light to measure. Crop account* aremore favorable. The crop is developing Yjromisingly. Aveiagethermometer 73, highest b7 and lowest 57.
'
Montgomery, Alabama. The earlier part of the past •week;
was clear and pleasant, but during the last four days we haveare having
had a rainfall of two inches and one hundredth.
'1 he thermometer
has averaged 73, the hi ghest
too much ra in.
being 87 and the lowest 55.
Selma, Alabama. It has rained during the week on two daysCrop accounts are more favorable.
Madison, Florida. Rain has fallen on two days, but the talThe thermometer has
ance of the week has been jtleasant.
averaged 7^i, tlie extreme range having been 03 and 83.
Macon, Georgia. It has rained during the past week on four
days. We are having too much rain. The days liave been warm,.
but the nights have been cold, the thermoiuettr averaging 69.
We have had an unusually severe storm this week, accompanied
by hail. Crop accounts are less favorable. About one-third of
the stand of cotton is poor, and the balance is fair, l)ut verysmall aad grassy. Crops in this section are fully two to three^
weeks behind last year.
Columbus, Georgia.— \t has rained on one day during the?
week, the rainfall reaching twenty-two hundredths of an inch.
he thermometer has averaged 75.
Savannah, Georgia. —It has been cloudy, with rain, every day
of the past week, the rainfall reaching one inch and eightythree hundredths. The thermometer has ranged from 53 to 87,
averaging 70.
Augusta, Georgia. During the earlier part of the week -we
had a rainfall of thirty-six hundredths of an inch, rain havinf^
fallen lightly on three days, but the latter portion has been clear
and pleasant. Crop accounts are less favorable, the wet weather
of April having to a considerable extent made replauing necesAverage thermometer 70, liigliest 82 and lowest 4.
sary.
Charleston, South Carolina.- It has rained on four days Ibepast week, light shower.s. Average thermometer 70, highest 81
and lowest 55.
—
We
Rec^ptsfromPlanfng
The above statement shows
1.
— There
are needing
—
Jlay 17,
Receipts Shipm'ts Stock.
282
214
95
378
109
we
—
acreage
statement:
Week ending
88.
Texas.
We have had warm, dry weather the past
Corsicana, Texas.
week. The wheat harvest and other farm-work are actire. The
thermometer has averaged 73, the highest being 88, and the low-
These figures indicate a d-ierease in the cotton in sight to-night
of 519,135 bales as compared with the same date of 1878, a decrease of 1,031,071 bales as compared with the corresponding date
of 1877, and a decrease of 914,455 bales as compared with 1376.
16, '79.
•
highest 91, and lowest 69.
VTe do not think these flgiires can bo correct. The Liverpool
•tockla-st week was 485,000 bales American and 114,000 bales other
Charlotte, N. C.
Bt. Louis, Mo.
—
Indianola,
f^^
Week eniUng May
Texas
warm and
1,463,574 1,891,709 1,950,395 1,798,279
1,864,324 2,383,959 2,895,895
Total visible supply
7i8i.
SiSjad.
6d.
PrioeMid.Upl., Liverpool....
In the coast counties of
The weather during the week has been
Texas.
dry throughout the State, and the coast belt is beginning to need rain badly. Peaches and other early fraits are
The thermometer has averaged 77, the extreme nuigs
ripening.
Galveston,
421,000
42,500
74,000
370,000
38,000
week has been.
though in soine
past
cotton,
improving.
1,463,574 1,891,709 1,950,393 1,798,279
222,000
9,500
58,750
180,000
22,000
xxvm.
they are needing rain badly, and in portions of other States,
especially Georgia, there has been too much rain, and the temperature too low. But in general we think the condition is
458,325
60,954
5,000
'66,000
45,250
41 ,000
235,000
14,000
development of
sections there are complaints.
3fi.">,000
having been 71 to
Ac
Total, old ports,
[Vol.
—
—
—
1
—
.
M*T 17,
—
1
:
:
OOMPAKATIVB POUT RBCBIITS AND UaILT CKOI' MorBMUNT.
of the port movement bj weeks is Dot accurate,
A eompariBOD
diSereat years do not end oD the same day of the
have consequently added to our other standing
tables a daily and mootUly Blatem)*nt, that the reader may coutaut^.y have before him the data for seeing the exact relative
movement for the years named. First we give the receipts at
eicb part each day of the week ending to-night.
PORT aSCRIPTS FROM SATrRDAY, MAY 10. "79. TO FRIDAT, MAT 16, '79. f
New
Mo-
Or-
of
in
We
moatb.
we'k leans.
Char- Savan- Oaluub. Tcst'n.
bUe.
«at..
213
1(11
Mon
1,591
Tue»
Wed
163
813
Thur
111
Fri..
571
310
43
120
8S
426
Toe..
3,500
1,187
The mov jment
leston.
173
22
180
612
201
177|
1.011
379
591
536
155
134
l,25l|
100
419
1,412
9ach
2.63
montU
1877.
1876.
Sept'mb'r
October.
Ifovemb'r
233,818
639.261
779.237
893,664
618,727
566,824
303,955
93,491
578,533
822,193
900,119
639,610
472,054
310,525
197,965
236,868
675,260
901,392
787,769
500,680
449,686
182.937
100.191
lUrob...
.April
.. ..
389
229
552
333
506
090
2,699
since Sept.
1873.
.
tuu.
167,4.-)9
All
others.
4
6
027
408
4
1,418
10
16
313
465
17
1.069
1.953
3,998
4.211
3.161
1,771
4,803
57
5,200
19,897
has been
1
Year Beglmilug September
MoaUIy
Decomb'r
ming-
folk.
300|
577|
3,208
Wll-
Nor-
52 1;
Beeeipts.
Jaatvity
February.
m
THE CHKONJCLE.
1879.]
« tUe weeks
.
1875.
109.077
610.316
740,116
821,177
637,067
479,801
300,128
163,593
aa'fol lows:
1.
Ths moremsnt
bale*.
These
flgurei are
BhlpmenU
glooe the lit of January
broogbt down to Tharaday, May
thin
Oreat Cbntl-
Bhipinenta
Great
Total. Britain.
u«nt.
Brlt'u.
week
iilnce
Ontl-
9134
30.
94-08
93-56
i
I
GuNNT
1875-76.
"
1....
"
2....
3....
4....
"
"
5....
6....
7....
•"
8.
-'
8...
4,851
3,936
2,726
2,439
"
-
9....
10....
2.621
1,953
•11....
*• 12....
"13....
•"
"
"
14....
15....
16....
roui
4,145
2,707
7,161
2,032
2,575
6,454
2,455
2,013
3,561
1,675
4,512
2,032
B.
5,164
4,062
3,851
4.257
4.886
2,925
S.
3,993
4,211
3,161
1,771
4.803
8.
5,243
4,187
2,435
1,794
3,575
2,489
S.
4,324
3,390
3,619
3,232
8.
4,167
2,614
2,075
3,097
3,551
4,906
3,093
4,761
4,691
8.
7,003
2,484
4,642
3,478
3,591
2.832
8.
6,189
2,786
1873.
131,376
536,963
676,295
759,036
444,052
383,324
251,433
133,598
115,255
355,323
576,103
811,668
702,163
482,088
332,703
173,936
94-91
93-31
1874-75.
1873-74.
4.399
4,970
2,501
8.
7,347
5,874
2,117
2,584
2,948
2,275
6,694
5..570
2,918
3.298
5,915
2,971
8.
5,161
2,915
3,371
3,415
3,083
4,465
8.
la.st,
The Exports op' Cotton from
York this week show an
Increase, as compared with last week, the total reaching 5,737
BjIow wa give our usual
bales, against 8.11 bales last w>iek.
table showing the exports of cotton from New York, and their
direction, for each of the last four weeks; also the'total exports
and direction since Sept. 1, 1878, and in the last column the total
for iha samo period of the previous year
Exports ok Cotton
(uales)
from New York since
9001
94-92
8.
96-30
Exported to-
30.
5,764
2,759|
1
Sec. Cotton
.Mr. L.
tho
first
been
12,035
5,408
Hambui-g
Other i>ort8
13,708
2,202
2,835
4.957
10.332
Total to North. Eohope
18,745
33,317
Spain, Op'rto, GibraU'r, &o
5,610
.
715
Bremen and Hanover
115
18,0.58
2,398
Another
Total Spain, &c
5,610
1
OR.tND TOTAL
5,764
dispatch received
no bales shipped from Bombay to
Great Britain the past week and 12,000 bales to the Continent
while the receipts at Bombay during this week have been 50,000
854
2,398
5,737 255,063 335,3.50
;
New Y'ork.
Receipts
from—
This
week.
2
2,099
The
3,474
The following are the receipts of cotton at New York, Boston,
Philadelpliia and Baltimore for the past week, and since September 1, 1878
Noi-th.p'ts
Teiiu.. Ac.
Facts About Ltvtopooi. XJTd MANciiESTKn.— Our friends
will find an article on this subject in our editorial columns which
may be of interest to them.
there have
75
Total Feench
632
338
801
9505
of L.-»vaca f'ouiitv.
BouBAT Shipments.— According to our cable
5,353
3,824
lieavy rains have Boiiiewliat retarded fanulnK, but on rrturn of pood
weather all arc jubilant. Sc^huleiibiirg to date haa shipi>cd fourteen
thongand bales, and possibly by August 1st increase smpmeuts tO 500
more. Xotal, 14,500 bales.
Very truly yours,';
M. W. YotTNG, AgU
to-day,
1
76 11,935
100
Florida...
S.CaroIiua
N.Car"lina
Virginia..
cotton bloom of the season,
MoKlnnon.
1
854 5,662 218,673 294,137
poi-ts
Mobile
Ex.
Dbar Sir :— I herewith hand yon
Iprevl'na
year.
date.
854' 5,662 213,86l!292.074
2,063
4,812|
716
Other Fi-onoh
4,3U
Galveston, HARRisniTito Aim Saw Astosto Railwat.
ScuCLE.tBUBO Station, May 7, 1879.
Mr. MUls.
1878.
Hanie
Total to iH-riod
11.
other British ports
Havre
1,
1
May
May
AprU April
23.
Texas
Savannah
Thig statement shows that the receipts since Sept. 1 up to
to-night are now STO.SDO bales more than they were to the same
day of the month in 1878, and 478,747 bales more than they
were to the same day of the month in 1877. We add to the last
table the percentages of total port receipts which had been
received May 16 in each of the years named.
Texas Fibst Cottox Bloom.— Mr. Mills, Secretary of the
Cfalveston Cotton Exchange, kindly sends ns the following letter
with its enclosnre.
sme beinK from the farm of
Srpt.
Week ending-
9,842
3,378
4,274
3,741
Fercentag a o{ total
95-62
804,000
S.
4,355.935 4,155,515 3,877,183 3,978,445 3,367,763 3,616,005
pt- re.c'p t« Mil}- in.
o:ii.iioo
New
1874.
riApr.SO 4,307,978 4,099,790 3,834,736 3,921,275 3,319,082 3,549,894
aiay
1.
n4:i.ooo
&c.— Bagging has been In better deand a firmer feeling is to be noted on the
who are not disposed to sell at less than full
There have been sales of l.tlOO to 2,000 rolls, but tho
figures.
particulars are kept quiet. Quotations are 0@IOc^.. according to
quality.
Butts are not in very large demand, and only about
1,300 bales are reported placed, and for these 3i@3 7-16c. were
the fifrurea paid. There is no change at the close, holders quoting 2J@'2ic. for ordinary, while for good bagging quality 2i<8
2 7-16c. is demanded.
since our
part of holders,
for the diflerent -years.
1876-77.
3.11.000 ->o.(M>ol
01 1,000 30.(KN>
auo.ooo 57.0001
Bao9, Baooino,
mand
Total to Great Beitajn 5,764 2,759
1877-78.
SiDfl*
Jan.
the foregoing it would appear that, compared with laat
year, there has been a lUcreatt of 21,000 hales in the week's shipments from Bombay to Europe, and that the total movement
since January 1 shows a decretue in shipments of 180,000 balea,
compared with the corresponding period of 1878.
This statement shows that up to April 30 the receipts at the
porta this year wore 203,183 bales more than in 1877 and 473,19a
tuJes more than at the same time in 1876. By adding to the
above totals to April 30 the daily receipts since that time, we
shall be able to reach an exact comparison of the mov6a:.ent
1878-79.
Becelpta.
1.
From
Pero'tage of tot. port
.4)>ril
1.1.
TotaL
nent.
1879
2.000 12.0OO 125,000 206.000
1878 1.5,O0Oll8.(KM)|3a.O00 22 1,000 2nO.(MK)
1877 22,00O|31 .0()0'53.000 281,000 300.000
Tot.Ap.30 4,307.978 1,099,790 3,834,786 3,921,275 3,319.032 3,549,894
reeelpts
Jan.
•• follow!.
!•
N. Orl'ana
I
Boston.
Since
Sei>t.
1
.
|
Baltimore.
I
I
4,283 133,295
2.0.'!9 115,102
1,930, 135,389
840
7.337
11.727
3,040
913 34,121
134 22,137
05 44,983
1,100
...
Foreign
Philadelphia.
This
Since
This
Since This
Since
week. -Sept. 1, week. 8ept.l. week. Sept. 1.
10
19,919
90,546
39,443
140,907
6.508
146.041
6.143
45
100
2,299
433
7
19,010
13,21»
406 51,949
27
53,391
2,.595 118,0.50
1,3911 92,695
750 55,191
27,300
7
This year. 12.187,833.083
7,198 318,528
890 81,273
91l!l.56.493
Last year. 14,660 854,115
3,101312.084
49103,170
573;136,0'23
Snippixo News.
—The
exports of cotton from the United
States the past week, as per latest mail returns, have reached
So far as the Soutliera ports are concerned, these
49,531 bales.
are the same exports reported by telegraph, and published in
The Chronicle," last Friday. With regard to New York, we
include the manifests of all vessels cleared up to Wednesdaynight of this week.
Total bales.
steamers Abysslnl.-j. 479
Tho
Queen, 1.002 and 71 .Sen Island... jier ships Phtlomena,
1.826
Koyal Alexandriii. 1,773
Lord Strathnaim, 511 8,062
To Havre, per steamer Canada, 75
75
New Orleans To Liveri>o«I, per steamers Connnandor, 1,833
JanuUcan. 3.189
l>er ships Ai-denlcn. 3.(>34
City of
Brooklyn, 6,192. ...Southern Rights, 1,503. ...jicr bark
David Malcomson, 3.S-.!0
20,1 7»
To Havre, per ships France, 1 .244
Thomas Lord, 3,693 . 4,937
To Bremen, per steamer Numberg, 988
988
Charleston— To Croustadt, per bark Gutenberg, 2.475 Dpiand. 2.475
Savannah- To Liverpool, per sUlp City of Moutrool, 3,749
Upland and 9 Sea Island
3,75S
Texas—To Liverpool, per barks Sarah Douglass, 1,70<I
Kalema. 2.945
Inveresk, 2,080
per lirig M.-igilala. 8.34 . 8,165
Baltimore— To Liverpool, jicr steamer Nova Scoliau, 400 and
191 bags Sea Island
591
,..
To Bremen, per steamer Straesbnrg, 4
4
MassaBOSTON— To Liverpool, per steamers Linhni>e, 100
2.40«
chusetU, 294.... Bavarian, 1,468. ...Minne.soU, 544
PaiLADKLFUU.—To Liverpool, per steamer British Empire, SOO. .
30O
Niw YORK—To Liverpool, per
—
.
.
. .
Total...
*
»
49,631.
—
—
:
:
.
THE CHRONKJLK
508
The
[Vol. XXVlll.
MONDAY.
particalarB of tlieee sbipmentB, arranged in oar usual form,
Delivery.
Delivtrf,
are as followe:
Liverpool.
«ewYori
5,662
20,170
KewOrlcauB
Hayre.
Bre-
Cron-
men.
etadt.
75
....
4,937
988
May June
Total.
5.737
26,095
2,475
3,758
8,165
....
....
2,475
Cliaxle«ton
eavaunah
3,758
8,165
•rerun
591
BatUmore
2,406
Boston
naiadelphia
....
....
....
....
....
....
....
....
4
595
300
2,406
....
....
....
300
41,052
Total
curryiiig cotton
992
5,012
from United
^Br.), Btvkcr, from New Orleans via Key West for
Liverpool, wliicli put into Norfolk May 5, had broken her condenser.
reference to the statement as to the suprosed
With
(Br.)
EOBINA
stranding, nearRcval, of the steamship Robina (Br.), from New
master
(Jones) wired his owners, under date of April
the
Orleans,
23d: "Robiua not been agroimd a» reported. Ship discharged.
Commenced loadinft." Cajitain Jones attributes the report to the
salvage men belonging to Nargen, the Robina having steered close
to tlie nortli end of the island to obtain a pilot.
Chika, ship. Barker, from New Orleans for Reval, struck the bottom at
Lyngbje, Denmark. Assistance had been sent to her ou May 7.
COKNEMAHA, ship (Br.), Cameron, for Livenwol, before reported ou Arc
at New Orleans, sailed for destination May 12.
iMakcia Ghkesleaf, ship, fiom New Orleans for Reval, before reported
at Qucenstown April 24 leaky, was towed up the river to a dockyam for repairs April 29.
WiSTTEKHORN, balk, from Galveston for Liverpool, had finished reloading her cargo at Bermuda May 7, and would be ready for sea in
three or four days.
]BXRA (Ger.) On morning May 3 some fifty odd additional bales were
gotten out of the hold of brig Hera (Ger.) ashore ou Bird Island,
Texas, and the hull was moved a length astern. Tlie prospect* for
floating her off were very good, when the wind began to freshen
and the brig was blown back to her original bed in the sand. The
steam tug Nettie then went back to Galveston, leaving a force of
men aboard the Hera to keep the rotary pimap in motion. Later in
the night these men sent up signal* of distress and were rescued
from their perilous situation by the lifeboat from the lightboat In
the bay. The steam lighter Nettie, which proceedad to the stranded brig on P. M. of the (>th, retumetl with fom- bales of cotton and
two iron water tanks taken from the vessel. The steam pump on
the brig was put to work and a considerable volume of water
^cctcd from her until the increasing roughness of the sea caused a
suspension of operatioua.
Ganges, Btoamer
Liverpool.
— By cable from Liverpool,
Statement of the week's
sales, stocks. Sic.
we have the following
,
at that port
Bales of the week
bales.
Forwarded
Bales American
Of which exporters took
Of which speculators took..
Total stock
Of which American
Total import of the week
Of whidi American
Actual export
^inioun t afloat
Of which American
56,000
6,000
42,000
3,000
7,000
606,000
477,000
100,000
77,000
6,000
313,000
216,000
2.
74,000
11,000
59,000
4,000
10,000
635,000
514,000
104,000
97,000
4,000
251,000
142,000
May
9.
May
83,000
8,000
60,000
3,000
14,000
599,000
485,00C
41,000
28,000
4,000
282,000
155,000
16.
63,000
9,000
47,000
4,000
10.000
566,000
500,000
30,000
14,000
5,000
300,000
180,000
The tone of the Liverpool market for spots and futures, each day of
week ending M,ay 10, and the daily closing prices of spot cotton,
bave been as follows
ttie
Saturd'y
Spot.
-Market,
12:30 P
U
Mod.
freely
supplied.
•tUtL rpl'ds
. Orl'us
.
[
Monday. Tuesday. Wedn'sdy Thursd'y
Fiiday.
inq.
Strong,
Quiet.
6'8
01=16
013,8
7,000
1,000
8,000
1,000
Buoyant.
6'6
7^
6''e
7Ht
Market,
Sf. m.
Bales
Bpec.&exp.
7,000
1,000
15,000
2.000
20,000
3,000
12.000
2,000
6:ii32®7
.12 »
Oct.-Nov
" '32
G",,
Delivery.
62732
6''8®2732
631 32
Oct.-Nov
Nov.-Dec
7
7
June-July
G'n
e'e 329)2
616,8
July-.\ug
7
May June
62332®^ Sept.-Oct
7I32
62633
6i6,g
Oct.-Nov
May -June
June-July
Aug.-Sept
63I32
7I32
Wednesday.
Delivery.
May
Aug.-Scpt
May-June
Sept.-Oct
....62a32-i°i6-3i32
..6i5i6®3i3.j
June- July. 6i6j|,-3i32-7
63i32®7
Aug. -Sept.. .-7'32Siio
July.-Aiig
May-June
7
Sept.-Oct-
June-July
Aug. -Sept
7I32
7 '8
68ia
Sept.-Oct
7%
7
Oct.-Nov
62732
7332
7]32®'l
.
No v.-Dec
May
July-Aug
7i32'Si 'le
Julj
Delivery.
I
7832
7332
62630
Oct.-Nov
Aug
I
I
I
I
I
Oct.-Nov
6^8
May
7i:)2
Juuo-July
Aug.-Scpt
71,8
7»32
7632
Sept.-Oct
IShijrments.
Nov.-Dec. ,n. crop.eJs
Oct.-Nov.,n.cp.,8l,6%
Nov.-Dec, n.crop.OOiB
Thursday.
Deliver!!.
May
Delioery.
7i8®332®ie
7%
Jime-Jidy
July-Aug
73ia
Aug.-Sept.. 73,8-732-116
Sept. -Oct. 73,8-732-3,8
Oct.-Nov
616,8
.
Nov.-Dec
Sept
Nov.-Dec
62330
7332"
7632
Shijnncnls.
Oct.-Nov., n.cp, 81.611,
Nov.-Dec, n. crop,
sail
61932
Sept.-Oct.,n. crop,
6i6,8
sail omitted
714
July-Aug
73,8
Aug.-Sept
77s2
611,8
714
May
July-Aug
Friday.
IHlivery.
May
7632
7632al6
May-June
June-July. 7632-3,„-532
July-Aug
7732®3jg
7>4
Aug.-Seiit
Delivery.
Sept.-Oct
Oct.-Nov
May -June
June-July
July-Aug
Delivery.
7®63l32
7632
7.'*,8
7732
IShipynent.
I
1
Oct.-Nov., n. crop,
Ollii
sail
BRE ADSTUFFS
i
May
FRIDAY, P. M.,
16, 1879.
There has been an upward tendency to prices of flour, and
yet no further advance of moment can be quoted. This may
be owing in some measure to the fact that assortments are
much broken, and buyers have little encouragement in the
nature of the offerings to make bids. It is evident that stocks
have been run down pretty low,{in anticipation of warm weather,
and parties wishing desirable lines must give their orders for
the same to the 'millers.
May
April 25.
63".32
62i-,2Siiii«
Sept.;q»Bt
Delivery.
Delivery.
May-June
June-July
July-Aug
Aug.-8ept
Dellrery.
to date of disasters to vessels
States ports, etc.
Aug.-8ept
Oct.-Nov
616,8
62732
e's
616,8
Tuesday.
49,531
2,475
news received
all
Delivery.
Sept
June-July ..6"32®i3i8 May- June
Jidy-Aug
J<me-July
e'a
Ang.-Sept.. 6i6ie52932 July-Aug
6i3ie
Sept.-Oct
Below we give
8
.
demand
To-day, there was a good shipping-
at $3.65@4.15@?5 for inferior to
good and choice ship-
ping extras.
The wheat market has been feverish and variable, and yet
made on the prices of last Saturday,
notwithstanding the more favorable crop accounts from the
Northwest, and the near approach of supplies through the Erie
Canal. The export and milling demands have been good, but
.some advance ha.s been
the chief strength has been speculative, ba-sed on the rapid
reduction of the visible supply. Yesterday, No. 2 spring sold
08% on the spot, the latter figure for choice, and
$1 06%@$1 07 for June No. 2 amber, .$1 17@|1 17% on the
spot ; No. 2 red, .$1 17@$1 18 for June ; and No. 1 white,
$1 15@?1 15% for May and June, and $1 15 for July. To-day,
at $1 05@$1
;
the market wa.s dull, and winter wheats fully %c. lower.
Indian com has been variable, showing in the agrgregate some
decline for the leading grades of mixed, while yellow and
white have been not plenty, and sold at full prices for both
Western and Southern. The weather has latterly been much
more favorable for the crop in middle latitudes. The |ale9
yesterday embraced No. 2 mixed Western, 45^(845%c. ofi the
May, 44%@44%c. for June, and 45^c. for
steamer mixed, 45c. on the spot, 43%c. for early arrival,
and 43c. for June. To-day, there was no essential change.
Rye was active and very firm early in the week, but latterly
Cotton freights the past week have been as follows:
was quiet, and somewhat nominal. Barley has sold to some
extent! at 86%c. for No. 1 Canada, and 75c. for No. 2 do.
Oats
Fri.
Batnr.
Mon.
Tues. Wednes. Thurs.
have not been active, but with supplies quite moderate, both
3j8@l4
I4
3i8®l4
3ig®l4
3,8®
d.
lirerpool, steam
3l6®>4
sail., d. 3ie®1364 3l8®'3j4
3ie®t3g^ 3i6®1384 present and prospective, there is latterly a stronger market,
do
%'
.
®
® ^' ....®J2* especially for the medium grades. To-day, the market was
®
c.
....®*>s
Havre, steam
.©Hi'
...®l3 ....®>s
®l3
.®l3 ....-31^
c.
do sail
steady, with No. 2 graded quoted at 35Me. for mixed, and 39c.
....®>fl' ...®ia' ....®ia'
Bremen, steam, .c.
for white ; No. 2 mixed Chicago in store sold at 34 ^c.
...®iie
sail
e.
....•ai^is
do
....®7lj ....®7ig
spot, 45@45J^c. for
JPutures.
Market,
S
Strong.
P. M.
V
Quiet.
July
;
. .
®V
'Bomhurg, steam, c.
do
.®*9l6
.®ia
saU...c.
ABist'd'm, steam e.
...®*»16
....®J3
.®... ....®..
..®*0l6 ...®*9l6 ...®*1>16
...®ia
....®ia
....®...
....®Js
The following are
closing quotations:
FLOUK.
No. 2
Sui>erflue
spbbl. $2
State
and
50®
'
3 20
"
WhcAt-
GRAIN.
N0.3 spring, y bu. $0 94 ®0 97
No. 2 spring
105 ®108
R^ected spring..
81 ® 83
Red winter, No. 2 1 I7I2®
White
1 12 ®1 18
No. 1 white
115 ®
Westei-n
3 40® 3 50
Extra State, &c
3 85® 4 00
Western spring wheat
d.
do sail
extras
3 80® 4 05
do XXandXXX... 425® 600
• Compressed.
Western winter shipCom— West, mixed
ping extras
410® 4 40
Western No. 2.
Yellow Southern.
do XX andXXX... 4 50® 6 00
The actual s.'ilcs of futures at Liverpool, for the same week, are given
Middling
patents...
Uplands,
Low
clause
Minnesota
5
50®
8
25
White
do
sales
are
ou
the
basis
of
l>elow. These
City shipping extras. 4 00® 5 15 Rye— Western
cnlees otherwise stated.
Southern bakers' and
State and Canada
Saturday.
family brands
5 25® 6 25 Oats— Mixed
Delivery.
d.
d.
South'n ship'g extras. 4 25® 5 00
White
d.
Delivery.
Delivery,
616,8 Rye flour, supeillne.. 3 10® 3 40 Barley— Canada W.
6 78® 2732 Aug.-Scpt.. 6i''in®3i32 Ang.-Sept
4fay-Jiue
63I32
Sept.-Oct
Com
meal
State, 4-rowed...
678
June-July
®13l8
Shipment.
Western, &c
2 10® 2 30
State, 2-rowed...
7
July-Aug .. 62932«16j8 Sept.-Oct
®2fi32 Jnne-July
62732 8epf,-0ct.,n.ep.,8l 611,8
Brandywiuc, <fcc.... 2 .50® 2 55 Peas—Can'da,b.4& f.
do
sail
Saltic, steam
. .
e.
d.
.®.
.®.
.®.
.
44 ® 46
4513®
47 ® 49
48 ® 52
60 ® 62>8
63 ® 65
33 -3 36
35 ® 41
.«
.®
.®
75 ® 02
Mat
THE OHRONICLE
1879]
17,
KtMieiptJi of flour and grain at WioUmti lake and rlv«r porU
for th« wtt«k ending May 10:
OlttM,
B»rl«y. Ryp,
(V)rii,
Wheat.
Kloiir,
(50
IbR.) (D'J llm.) (4>< IIm.I
.io4,0'i(i '})ii),Hi):i
(100 Iba.) (60 lbs.)
«0.5»l U1H,S6S1
,.
4e.4»0 444,384
B4,890
172
89,537
3,9»4
4,800
3,851
91,»74 147.108
5,200
1,780
8,013
Chlriuto
Milwaukee
Tulivlo
l)«tn.(t
(Movoland
8t. I^uU
I'oorl*
Duluth
biwli.
Inuli.
IiuhIi.
biutli.
bblii.
At-
iu,mM
15,H«0
fid.doo
5,522
bimb.
(SOIbn.)
in,iii
1
137,733
,!>30
i.31(i
433
80,119 19,094
52,200 15.500
10.209
9,850
n,u4U
3,174
128,050
201,4410
1
1,47(1
208,21)'J
i»,(«)0
10,1>07
10,950 1 ,072.484 1,870,850 407,304 58.230 55,029
121,774 1,043,707 2,000,751 570,193 73,049 82,025
'77.. 97,540 373,880 1,878,151500,743 69,534 31,592
do
Total receipUi at same ports from Jan. 1 to May 10, inclusive,
for four years:
1878.
1879.
1877.
1876.
2,102,141
1,543,100
1,806,080
2,323,54.5
Flour
bbU.
Total
Bnnio week "78.
Wlioat
1
.
.
biisli.
Com
0»U
Barley
Kj-o
Total grain....
19,881,942
27,008,210
8.288,107
3,038.888
1,048.030
21,0S0,722
27,000,533
0,232,302
24,028,432
7.009.!J97
5.409.0.55
12,114,475
21,805.151
0.780.191
2.431,110
1.407.402
1,944,458
2.479.5(14
744.802
423,572
58.850,070
00,729,424
39,049,709
43.002.936
Total receipts (crop moTement) at the same ports from Aug.
to May 10, inclusive, for four years:
Floor
1878-9.
5.070,101
1877-8.
4,934,533
1876-7.
4,198,798
1873-0.
4,112,583
75,980,708
67,078.011
24,248.117
0.070.634
4,005,269
65,160,013
62,090.149
20.021.1.54
9.909.970
3.384.279
33.625.347
63.378.333
16.545.445
8.010.108
2,002,346
51,957.171
42,303.823
21.432,821
7,166,162
1,163.422
130,973.339
100.171,565
126,161,579
124,582,399
bbla.
Wbeat
bush.
Oom
Oata
Harley
Kye
Total grain
....
1
Comparative shipiaenta of flour and grain from the same
ports from Jan. 1 to May 10, inclusive, for four years:
Flour
1879.
2,447,275
1878.
2,145,229
1877.
1,531,281
1876.
1,866.390
14,513,607
20,067,639
0,060,450
1,741,623
830,286
19,500.948
22,112.144
4,002.906
1.387.714
1.113.480
5.350.293
17.304.426
4,324,102
1,423,324
506,826
11,004,853
18,736,747
4,841,881
1,077,870
379,271
43,213,611
48,117,252
28,908,973
36,040,627
bbls.
Wheat
bu»h.
Com
Oats
Barley
Ki-e
Total grain
.
and lake shipments from same ports for the
^ Rail
last
four
vreeks:
Week
Flour,
Wheat.
bbls.
bush.
1.470.411
1,565.368
ending-
May
May
144,822
121.238
11»,«23
13S.300
10..
3.
,
April 26.
April 19
Total,4 wTfS. 524.483
Corn,
bimh.
Oata.
8(>0.:(94
1.315.644
Barley,
bu^h.
buiih.
1.970,554
2.459.693
1.695.031
1.386.384
Rye,
biisli.
536,103 70,004 128,230
387,448 60,467 85,384
303.955 114,639 43.946
374.669 104.084 74.818
7,511,662 1,602,175 349.194 332.381
8,427,493 1,487,298 156,198 301,531
5.211,817
Cor.4wka '78 474.779 5,694,918
Receipts of flour and grain at seaboard ports for the week
May
ended
10:
Wheat,
Flour,
At—
New York
Boston
Portland
Montreal
Philadelphia
Baltimore
Now Orleans
Cora,
bush.
bush.
bblH.
523,330
60,100
84,460
37,902
1,200
7,164
14,470
15,072
9,713
Barley,
bush.
Oats,
bush.
502,526
304,450
83,503
47,400
1,500
1,000
2,305
575,500 93.800
751,300 44..500
267,744 37,724
230,327
431,400
350,450
50,095
week
170,581 1,645,722 2,403.020 310.232
Previoua week... 173.277 1.290.7932.340.797 318,089
Cor. week '78... 163,378 2,436,487 2,538,064 517,105
91,1001,918,516 553,502
Cor. week '77... 141,502
Total
And from Jan.
Hour
bbls.
Wheat
bush.
Com
Oats
Barley
Kyo
Total
1 to
May
R.ve,
bush.
28.301.402
38.039.721
6,540.755
1,367,392
1,105,285
24,039.123
30.767.339
5,408,697
2,091,770
1,480,546
2.062.363
28,500.309
5,163,279
422,501
9,007,093
25,911,049
6,090,486
1,823,381
184,727
75,374,555
69,797,477
37,218,953
43,046,738
1,070,.501
Boston
Portland
Moutrenl
Com,
700,236
70,981
8,257
2,743
3,867
37,852
280,518
309,701
Total for w'k 93,983
Previous week. 106,052
1.399,288
1.406,235
1,812,899
1,605,620
Phihidelphia.
.
Baltimore
1876.
3,171.634
Two weeks ajto 110,35'7
Same time
'78.
64,366
Oatfl,
Rye,
bush.
bush.
43,566 115,434
Peas,
bush.
2,595
358,393
50
276,246
776,333
52
45,766
60 74,928
1,863,567
2,441,729
2,523,767
43,668 190,362 48.361
40,894
8,200
1,210
3,150 62,087
2,144
1,623,'203 190,076 71,430
2,496
The visible supply of grain, comprising the stocks in granary
at the principal points of ac(;uraulation at lake and seaboard
jwrts, and in transit by rail. May 10, was as follows:
Wheat,
In Store at—
New York
Albany
Bnflklo
Chicago
Milwaukee
I>uluth(3d)
bush.
1.871.620
Com,
bush.
857,137
600
27,000
265,082
331,714
0,011,713 3,751,486
2,234,218
21,934
373,302
117,335
Oata,
bush.
Barley,
bush.
358,900
181.933
58.700
50,720
264,017
203,167
67,.500
0,433
307,594
I45,3(>4
•2:10.811
:i..l.tO
»n.mw
172,992
n5,o<)o
91*3,227
3,0:19
117.110
IjiuU
Huston
,,.,,
I»,OO0
30.3M
15,'2«3
'25.319
29.0.59
101.173
2-t.885
1,440
I,9.V)
054,130
3,239
5,883
3I9,.'^00
.52.492
14,803
1.511,438
1,4'29
Baltimore
174,.331
438,.535
983,796
Kail Ahlpratji,w'k
537,3!)i)
0()t,635
I,aki'Hhlr>nit«,w'k
933.012
308,085
1.303.919
Kaiuiaa City
Ou Canal
ToUl
..7.....
19.487
3,310
00.295
.
IJJ70
i7t»,oo«
98.3*27
Moiitri-ul(3d)....
I'hilndolplila ...
PfMjrlu
Itidlannpolls
biuta.
!i.Sm
89,028
88,438
175,980
Toi-anto
buih.
2'J3.7.50
81,300
4M
SM
7Bm
*OMt
tSn
1,TJ»
..
305,333
170.770
45.113
09,540
458
36.H55
fr7,9M
40JNW
07,080
15,108.410 10.626.1HX) 1,739.133 1.170.604 877.174
15.905,290 1 1,8-14.490 2,033,612 1,305,212 9,53.300
10.972,424 12,246.085 1. 805.490 1.610.400 972.008
18.140.4113 12.368.078 l.m»l,7'25 l,97l.i»7M 1.011.600
8,045,6)9 9,008.362 2,087,104 l,:ilM,488 000.403
»,'203.622 9.380,307 1,905.036 1,042,431
e80,40a
May
3, '79
April 20, '79
Auril 19, '79
May 11, '78
May 12, '77
THE DRY aOOOS TRADE.
FniDAT, p. M.,
May
16, 1870.
In volume the business of the past
week ha8 been fairijr
There was a large movement
in cotton goods (from agents' hands) on account of former
orders, and the upward tendency of the great staples wool and
cotton was reflected in a materially improved demand for
fabrics composed wholly or in part of wool, flannels, Kentuckyjeans, shirts and drawers; and some makes of men's-wear
woolens were taken with such freedom by package buyers as to
indicate the gradual development of speculation in the most
satisfactory for the time of year.
—
—
The jobbing trade has been devoid of animation,
yet there was a steady demand for staple and department goods
by near-by retailers, and orders to a considerable aggregate
staple goods.
amount were received from
distributors in the interior.
—
Domestic Cotton Goods. There was a well-sustained demand
for cotton goods by exporters, and the shipments from this port
to foreign markets during the week ending May 13 aggregated 3,840 packages, viz., 1,641 to Great Britain, 1,000 to
Africa, 539 to Brazil, 321 to U. 8. of Colombia, 103 to Dutch
East Indies, 48 to Hayti, 48 to British West Indies, &c. There
was a steady inquirj- for light re-assortments of brown,
bleached and colored cottons by local and interior jobbers, and
a large distribution of such fabrics was made by agents in
execution of previous orders. The tone of the market continues very strong with a tendency to still higher prices, and
stocks are unprecedentedly light for the time of year. Bleached
cottons are in meagre supply and very firm, as are many makes
of
brown and colored
cottons,
cotton flannels, silesias.
See.
jaconets, &c., continued in steady request.
25.800 63,797
21,490 52,058
47,893 164,724
74,866 44,100
I877!
bush.
4.54,523
Detroit
(>MW(>gO
Ht.
Rye,
Mirlny.
34,000
8,457
Prints ruled very quiet and there was a sluggish demand for
ginghams and cotton dress goods; but printed lawns, corded
2,440.113
bush.
319.623
17,323
11,500
2.000
1878.
Wheat,
466.102
6,0o0
3.066..577
bbU.
56,344
22,772
0»t«.
baih.
bush.
Toledo
Print cloths were less active, but firm at 4 l-16c.@4}^c. cash for
64x64s and 3)^c. ca.sh to 3>6c less 1 per cent cash for 56x608.
1879.
3.604.038
Flour,
tJorn.
bruh.
34,974
Exports from United States seaboard ports and from Montreal,
for week ending May 10:
From—
New York
Wh««r.
13,000
6,800
four years:
10, inclusive, for
;09
—
Domestic Woolen Goods. The main feature of the woolen
goods market was a brisk and partly speculative demand for
flannels and Kentucky jeans, in which very liberal transactions
were reported. There was also an increased demand for heavy
woolens by the clothing trade, and low and medium fancy cassimeres and cheviot suitings were disposed of by agents to an
important aggregate amount. Worsted coatings received a fair
share of attention, and considerable orders were placed for
leading makes.
Rough-faced and plaid-back overcoatings
continued in steady request, and there was a moderate inquiry
for Moscow beavers and cotton-warp beavers. For black cloths
and doeskins there was only a hand-to-mouth demand, but
Kentucky jeans met with liberal sales, and
movement in satinets. As above stated, thera
was a spirited demand for flannels, and stocks of some of the
more popular makes were almost entirely closed out by agents.
Worsted dress goo(Js were in fair request, as were lace and
Shetland shawls, but worsted shawls remained dull and
prices ruled steady.
there was a fair
unsettled.
FoEEioN Dey Goods.
first
—
Imported goods were generally quiet in
hands, and selections were mostly confined to small parcels
and specialties in dress goods, silks,
There was a continued pressure to sell
silks, and recourse was had to the auction rooms as a means of
Rye,
outlet with poor results. French buntings continued in fair
bush.
314,501 request, bat grenadines moved slowly, and there was only a
48,000
moderate movement in cashmeres and beiges. Linen and white
8,'203
122,818 goods, embroideries, laces and hoitery, were severally in f^
76,704
demand and steady in price, but by no means active.
of the most staple fabrics,
millinery goods, &c.
..
..
—
.
...
THE CHUONICLE
510
Importations of Dry Goods.
The importations of dry goods at this port for the week ending
May
"the corresponding
as follows:
and for
1879,
15,
weeks of 1878 and
have been
ENTERED FOll QONSUMI'TION FOR THE WEEK ENUING MAT
1877,
Pkgs.
Bilk
194
660
330
Flax
671
Wool
Cottou
234
531
71,979
181,937
226,653
133,619
76,387
369
928
714
855
474
84,768
149,508
268,212
135,169
36,844
429
771
215
Mauufaetuies of—
Wool
Cottou
93.070
48,948
81,278
59,122
20,627
2,691
69,366
29.002
42,355
54.752
£0,911
1,708
2,288
303,045
690,621
3,308
2,180
216,386
674,501
Flax
Miscellaneous
Tot.al
Ent'dforcortunpt.
230
112
71
273
3,212
7,238'l, 364,107
ENTBRED FOR WAREHOUSE DURING SAME I'ERIOD.
Manufactures of—
177
64,719
166
43.816
121
Wool
236
Cottou
320
.
21
MisceUaneoua
765
Total
Ent'dforcousuuiirt.
ll^
52
148
158
60,897
54,184
59,101
3,709
67
25,417
34,035
27,594
23,794
642
2,180
221,767
690,621
2,288
86,062
26,064
62,874
47,975
35,518
3,838! 258,493
3,340|1, 105,614
890,887
5,488
993,666
3,996
. .
182
122
60
253
253
168
88
246
953
Silk
Silk
Fl,ix
136,612
214,159
462,627
168,111
104,105
690,621 2,180 674,.'>01 3,340il, 105,614
2.288
WARKItOI'SK AND THROWS INTO THE MARliET DURING THE SAME I'EKIOD.
Total
WIIHDKAWN FROM
Total on market
Value.
175,559
674,501
160
87
246
2,686
3,356 263,139
3,340 1,105,614
China
Earthenw
4,190
13,829
86,993
9,773
1,859
4,291
11,200
11,618
857,617
5,498
.
Glass
Glassware
Gln«s plate.
Buttouij^^
ton^
Coal,
Cocoa,
Ijags.
Coffee, bags.
Cotton.balcs
Drugs, AcBark, Pci-U.
Blea. powd.
Cochineal.
Gaiubier
.
Indigo
Madder, &c
OUvc..
Flax...•...^.
Furs
cloth
Hair
Hemp,
Hides.
Ac-
Bristles
..
.
Linseed
Molasses
Metals,
500
356
Lemons
l,60fl
1,690
88,293
Oranges
Xuts
833,440
470,658
24,308
29,021
51,538
15,778
28,547
47.272
11,847
$
504,727
22,720
296,714
145,577
$
542,099
16.849
288.836
147,423
337,697
1,033.656
£97,547
330,079
4,137,946
56,153
357,725
1,015,180
309,405
246,690
4,737,356
56,860
154,828
61,349
256,093
149,028
100,038
23.243
191,210
68,785
195,513
64,501
318,991
80,454
192.128
15,303
319,083
25,748
ralue.
Fancy goods
Fish
Fruits.
18 222 Spices,
589
Ac—
. .
-
. .
Ac-
Cassia
Giugcr .. ..
Pepper ....
967
214 Saltpetre
Woods
23,645 Cork
. .
Fustic
1,682
Logwootl
..
Mahogany
Exports or Provisions.
226
185
.
3,835
510,6,59
16,623
3fi9,154
226
135,72(i
1,8.54
....
Hardware
744,112
371,852
23,634
217
Corks
Ac-
Cutlery
173,259
Cigars
Kaisins
599 Hides, uudr.
1,749 Rice
1,008
239
224,737
25,894
. .
.
331
8,151
19,843
25,545
1,512
2,069
426
Ivory
Jewelry ,&eJcweh-y
Watches
7,215
24,074
24.207
1,060
2,791
490
1,768
18,437
.
Hides.dr'sd
India rubber
241,541
tes.,
1,357
baskets ..
3,564 Wines
1,181 Wool, bales.
15,326 Reported by
83,279
bales
4,748,235
54,129
Tea
10,260 Tobacco ....
10,616 Waste
817 Wiues, Ac.—
5,976 Champ'gne
393
Soda, bl-cb.
Soda, sal...
Soda, ash..
1878.
3,942
673,176
26,191
441,476
4,949,230
44,223
Abbls.
567,043 Sugar, boxes
1,445 and bags...
8,142
1,3.56
.. -.
ypelter, lbs
Steel
Tin, boxes.
Tiuslbs.,lbs
Paper Stock.
2,271
3.671
23,6691 Sugar, hhds.
14,294
Oil.
Guimy
.
14,457
82.747
7,683
6,671
1,475
28,471
1,966
2,375
Gum, Arab.
Opium
Metals, Ac4,4,33
Lead, pigs
15,663
.
1879.
1878.
1879.
—
following are the exports of provisions from New York,
Boston, Baltimore, Philadelphia, Montreal, Portland, and New
Orleans, for the week ending May 10, 1879, and their distribution:
The
Pork,
Beef,
Lard,
Bacon,
Cheese,
Tallow,
bbls.
bbls.
lbs.
lbs.
lbs.
lbs.
551
1,104
London
Glasgow
40
347
158
97
1,179,682
19,600
24,000
6,022, 959 1,239,120 1,076,700
93.060 110,000
1,066, 400
139,200 207,100
277, 925
140,000
Bristol
W. Hartlepool
Rotterdam
23,376
156
156,700
140 2,864,040
160 1,126,700
..
Bremen
Hamburg
Antwerp
Havre
170
"so
299
ii'd
705
Br. N. A. C-ol.
Oth'rcountr'B
1,482
1,070
1,023
Total week
5,77i
Cont'l ports.
B.AC.Ameriea
West
Indies..
. .
31
210
2,650
Week ending
M.iy 13.
16,000
490,662
1,5S7,700
327,189
642,213
4,250
10,700
138 ,225
382 ,225
134 ,625
363 ,850
272,5'o'6
Beans
128,700
233449
1,678 ,178
23 ,750
14 ,063
59 ,291
7,275
22,273
13,610
2,550
178,400
30,103
8,419,436 10,175,101 1,528,654 2,376,662
6,357
3,836
9,522,427 10,675,061 1,282,276 1,552,101
1,558
Since Jan. 1,
1879.
2,660
30,123
Same time
last year.
1,741
32,040
Breadstuffs—
Flour,
wheat
95.367
2 259
457*603
45.890
410,850
145.765
29.322
3,904
bbls.
bbls.
Corn meal
Wheat
Rye
bush.
bush.
Corn
Oats
Viush.
hush.
bush.
bush.
Barley and malt
Peas
Cotton
Cotton seed oil
Flax seed
(rrass seed
Hides
Hides
7,761
bales.
bbls.
13
bags.
hags.
864
2,158
2,048
No.
bales.
Hops
liales.
Leather
sides.
1,2 JO
97,125
pigs.
1,931
Molasses
Molasses
Naval Stores—
Tunientiue, crude
Turpentine, spirits.
Kosin
hhds.
bbls.
. .
1,884,177
04,594
13,983,297
487,630
10,250,144
3.041,959
1,435,063
147.516
367,678
11,179
3,223
90,612
80,587
60,308
24.856
1,529.892
401,346
4,911
75,059
bbls.
42
599
Vibls.
1,401
3,829
20,098
96,536
11,479
1,056
194,221
8,570
bbls.
bbls.
bbls.
Tar
520
50
1,521,181
69,901
16,623,702;
1.190,t>0*
9.354,0502.713.313
1,970,24T
360,409'
402,558.
114,970
72,213
51,437
42,29a
1,581,87»
1 04,79
K,
1,585.,
20,875-"
116.673
9.98»
75S
Oil
Pitch
cake
pkgs
Oil, lard
Oil. whale
bbls.
galls
31
bush,
3,602
51,495
31,030
....pkgs.
pkgs.
....pkgs.
pkgs,
1,041
122,522
18.747
755.351
402,124
339,721
206,638
314.791
21,696
49,869
17,063
44.580
13.299
1,006
26,851
47,155
49,721
18,479
132.739
16,398
iso.eoo
27,85a
552,722
320.91»
Peanuts
ProvisionsPork
Beef
8,651
664
kegs.
23.775
20,359
13,680
14.215
4,924
2,075
....No,
. .pkgs.
"444
Spelter
Steaiine
..slabs.
4,186
.pkgs.
338
Sugar
Sugar
...bbls.
Cutuieats...
Butter
Cheese
Eggs.
-pkgs
. . .
bbls.
I>ard.
tes.
Lard.
Hogs, dressed.
Rice
Abbls.
.
.
Tallow..,
boxes
Tobacco
Tobacco
Whiskey
Wool
8
420
hhd;
pkgs.
bbls.
2.500
4,956
1,637
7,160
bales.
530
A cases.
hhds.
182,715-
5,991
292.277"
1
236,945
389,15i)-
16,103
19, HOT
11,237
10,095-
465
9,882:
32,851
52,94830,988-
72,22&
16,09*
Exports ot Leading Articles of Domestic Produce.
The following table, ba-sed upon Custom House returns, show»
the exports from New York of all leading articles of domestic
produce for the week ending with Tuesday last; also the exports,
from the 1st of January, 1879, to the same day, and for the
corresponding period in 1878:
Week
eliding
13.
May
Ashes, pots
Ashes, pearls
Since Jan.
1879.
1,
Corn meal
Wheat
Rve
760
66&
lbs.
3,488
48
16,508
13585,075^
bbls.
bbls.
bbls.
54,368
950,24»
bush.
bush.
79o!o52
50,328
43,372
1,110,539
2,996
63,580
15,250,336
1,205,137
219,760
86,290
151,845
10,443,153
24,213
33,981
102,875
52,626
23,7aO
11,550
30
2,-592
Oats
Barley
Peas
Corn
Candles
bnsh
pkgs.
3f.7
Coal
Cotton
tons.
bales.
bush.
bush.
bush
1,690
505,889
Domestics
pkgs.
2,265
3,432
3,840
Hay
bales.
bales.
212
417
Hops
Naval StoresCrude tm'pentine
—
100
hhls.
bbls.
bbls.
hbls.
bbls.
7,374
Oilcake
Oils-
cwt.
7,506
Whale
Sperm
gals
turpentine
Rosin
•Tar
gals.
gals.
gals.
gals.
Lard
Linseed
Petroleum
Provisions-
Beef
Beef
Cutmeata
Butter
Cheese
Whalebone
23
30
156
22,072
80
3,974,297
3,635
1,421
lbs.
7,270,040
589,408
1,522,516
6,101,334
lbs.
lbs.
Lard
Tobacco
60
bbls.
hbls.
tierces.
lbs.
Rice
Tallow
Tobacco, leaf
last year.
20
Breadstuffs—
Flour, wheat
Flour, rye
Same timo
hhls.
bbls.
Beeswax
Pork
"iisoo
139
bbls.
bbls.
A.shes.
836
bbls.
518
lbs
hhds.
1,293,725
bales and cases.
Tobacco, manufactured,
Previous w'k
J
corresponding period in 1878:
Pitch
Liverpool
that
Exchange, shows the receipts of leading-'
articles of domestic produce in New York for the week endingwith Tuesday last (corresponding with the week for exports)^
also the receipts from January 1, 1879, to that day, and for the-
Spii'its
To-
upon daily reports made to
New York Produce
Lead
71,388
46,661
75,730
42,805
26,555
Total at the port... 3,0.^3 912.398 2,822 850.060 6,696 1.368.753
Iiuportii of I/eading Articles.
The following table, compiled from Custom House returns,
sh jws the foreign imports of leading articles at this port since
Jaanary 1, 1879, and for the same period in 1878:
[The (luantity is given in packages when not othcnvise specified.]
China, &c.
Receipts or Leading Article* ol Domestic Produce.
Tlie following table, based
$
$
433
Miscellaneous
Pkgs.
Value.'
Pkgs.
Value.
Mauiifactures of—
15, 1879.
1879.
1878.
1877.
[Vou XXVlll.
lbs.
Ihs.
464
198
64,851
1,500
3,471
75,547
2,743
2.175
070,571
75,482
35,900
394,851
3,851
02,845,882
1,861
79,502
16,258,774u
1.411,261
406.72*
1,392,43»
214,48T
7,321,651
17,08S
24,277
195,293:
35,952
25,748.
32,641
135
5.251
90,77:t
2,713
3.018
1,032,725.
137,744
235.59,">
474,934
3.:>78-
53,19-1,27!>>
98,182
18,891
24,308
104,09T
18,34r
267,29.a,997
230,424,48»
10,739,536
32,487,069
111,752,689
6,462
28,296,770
19.012
9,789
2,656.571
21,278
!
:
29,998=
4,220.725-
21,080,380
136.114,079'
8,601
28,886,28*
20,55S„
21,32(r
i
2,514,56
65,621
a
Mat
17,
THE CHRONICLE
1870]
UUNNIKS.— See
AABKBPoi.CKticrt
V B.
BKKAUn ruKKH— RaeiDdOUIraporl.
BUILDINO MATKKIALHOrictx— Common u>ru,iino»t.,fl M
IX*
M
'
PblUitolplil*
C<m<n(— It »iMi<Ui«
.3
V
Um«-Iiockl>nd aommoa....V
KOcKlHQd nusniDR
bbl.
bbl.
...
Pioa.ahlopliiK. box
do tally board!, com.toc'n.Mch.
Otk
V M.tt.
Atb.KOod
Black walnut
•race boards
Jt
•
a Mi
\i W % ti
•
uo • U
JJUU • »
ClIacb.Tx to dIa.Aloager
and
imlls
....
120
**
"
'•
l(i
....
...
bu
i5
t;
15
:0
Bks ....^.0
fore.... 2 3>
vm
CalUorula,
.:
'i3,ii(ii4a
u7K(%-
* w.
L.
Port
Johiafn.
»' lav.O- 1"
2 0.
2o;j<
.....
®
..
* .5
•i(r,y(i'.\a
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'u
2i;>,c<ii2ia
a i">.® ...
i
2-.
i
3U
tilo,
ord. car....
do
do fair,
do
do froou,
do prime, do
Java, mats
NatlveCeylon
Mexican
Jamaica
Maracalbo
Laguayra
gid.*!*
.Koia. ••
.eold. "
I0i<4
.KOld
KOld.
Kold.
II
guld.
"
Bavanllla
Costa Klca
gold.
St.
Domingo
COiPKK—
"
••
'*
**
a
&
14
^
-6)^
le.,
17
i«
VB
Holts
B^eatbiBK.new (overl2 oij
tfrazlers'Cover ISoz.)
American Insot. Lake
Cotton— HP.. «npciai report.
OSES—
D.4UGS 4
Aloes. Cape
A.oes. barbadoea
1
**
\i
ci.r.
tartar, powdered
"
Cabeba, Kaat India
........gold.
Catch
"
per 100 Iba.
Gambler
cnr.
..
Olnaeng
*'
Olycerlne. American pare
'•
Cream
Jalap
Lloorlce paste, Calabria
6
...
a
3i
it
-.5
—
t6
<a
23
'ii
21
25
«
37H
:.0
•i'j
1
...
OJ
3 65
16 10
FISU—
Gr'd Bk.ft (Jeorge'e (new) cod.* qtl. s 0)
pr.bbl. 20 iv
Mackerel, No. l,v(. shore
12 fO
Mackerel, No. 1, Bay
6 25
WacKerel.No.'i Mftsa.ahore
6 lU
l«sckerel, No.2. Uay
a
Layeia
Loose
I
I
'0
5)
Valencia
Cnrranta
Citron
Prnnes, Turklab, new
French
do
Datca
a
u a
:o
s^
ii"
3 15
2 ;o
ilX
15«
f)
case.
_
V B
Macaroni. Italian
Dom«i'(lc Drifd'
Applet., Southern, allred
5
a
a
50 a
id a
II
a
U 9
—
do
iii!arteri
Stale, allcbil,
do
qusrtera.
Peaches, pared, Oa.,voo.l to ch'ce..
do
nnparel Lalvesand
qrs...
Blackberries
3
IX^
a>i»
3^9
«
4
.
••
•*(
•>
a
a
a
.
7V
S%
6
16
,,..
....
4H
2S
4^
t-i
6.1
A
45
4 SJ
lOX
NEW YORK.
CITY RAILROAD STOCKS &
BOUGHT AN0 SOLD.
S6
n
STOCKS
'8
75
<5
a
a
a
a
^8
45
*
a
m
'Ht
gal.
••
\0\»
.
a
bbl
The
"
"
*B
"
ox
4DRIA!V U.
"
B
Inferior to common refining... .* ».
"
Fair
•'
Good refining
Porto Klco. refin fair to prime "'
"
hoxes. caved, Nob. I0®12
"
•
7®13
Mclado
ManlU.sup. anl ex. aup
UatavlB. Koa l'®12
**
Brazil. Nos.
••
Ce.jtrlfugal, ^OB.
"
9®U
S,i
^m
'*
•'
6X'A
Sh
i^
tH
7^
4
5
6X
iH
»
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a
5VA
6}<
7
7X
a
I
•
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».
*B
Amerlcan XX
American, Nub. 1 & 2
American, C imblng aid Delakc ...
Bxtra,PuneJ
No.l, Palled
Calltornla. Spring
Clip—
Snperlor, unwashed
Inlerior.
Burry
South Am. Merino, anwaahed
Cape Good Hope, unwashed
rexaB,flne, Eaatem
Texas, medlnm, Kaster.n
gold.
fX»
6>4
Cotton
* B.
.bbl.
Flour
beaT> goo. Is. .*ton.
* b
.
a. d.
«.
8-i<@
X
: 3 (32 e
2U II (83)
.'!<(»...
l**® ik
4(ia50
,
3 6
«....
ALBERT
a
5H»
'X
»
4Ue«
« t
St.,
Sc
CO.,
New York.
NASS.iU STREET,
19
BASEMENT.
Deals In lOTestmeut Serurltles and
& New York Air Line Preferred Stock.
Toledo LoKansport 9c Burlington Bunds.
Unlun &. LoKunsport Bends.
Columbus.^ Indianiiix.lis Contnil Bonds.
Bosti.n
1>3
Rome >Vatfrt..wn .t < iKdt;nsbiirtf Bonda
Indlunupolis & MllcfiiiU's Bunds.
20
New
2'
'3
17
17
26
*9
2<
V..rk
i
Oswei;.. >lldlinul B<.nd.s.
Southern Kalln.ad Bonds.
'
CARD.
J.
'*i
14
M.
Lichtenauer,
CONSULTING OFFICKS FOR CONSKRVATIT»
^NVE^^TOKS,
.
13-64
I 9
iO
«
•
Room
5, opposite U. S. Treasury Bldg.
Established f.ir the purpose <tf furnlshlnj; advice to
Intending Investors and h.tlilors who wish t.. cliiuige
7
17 6
MCOl.AY
Bunds Gonerallf.
1,
e-ita
....a
II.
No. 43 Flue
35
St
88
a
a
a
a
;3 a
24 a
IS
H a
a
12 a
p.
ja
WANTED.
a
a
a
a
a
-BAIL.
a.
TIII7RSDAT,
Days 28 Years,
Of Special Sa:c9 on other days when reqalred.
Cx®
LS
17
clasees cf
Albert E. Hachfield,
6)4,i
-BTXAH.-
To LITKKPOOI.:
^~ Onr Established
-.X
21
18
14
IS
Fair
EVERY MONDAY AND
....
7H
7X
6H
38
;6
31
all
STOCKS AND BONDS
....
....
....
a
7
and Bonds
AT AUCTION.
We hold our Regular Auction Sales of
6>4
•ii»
••
FBKIOUTS—
6H
7 16 1
8H9
8X8
^ a
-%i
••
Smyrna, nnwMhed
TX
d.^4
'*
*
^-H
3
t%
••
OITA
do
WiiltecxtraC
«V»
^Ki
('4 t
"
"
Hard, powdered
do gianulatei
do cutloaf.r:
Coltee, A, standard. ...........
9X
....
a
SOIV,
NICOL VY, Auctioneer
H.
Stocks
5
^
6S-6»
6
ALBERT
50
nt
St.
NEW YORK.
.
.^0
a
6'33
*B.
lO?
—
..
lHt;L.I.ER
PINE STKBET.
No. T
10 :5
iiHa
"
classes of
WEDNESDAYS AND SATURDAYS.
i%
aH
all
;%
IVK
b
(^ :0
so
18 lU
4.95
of
STOCKS A\U BONDS,
...a
9 75
1.'
REGULAR AUCTION
hold
andersigned
....
....
a
•*
BONDS
and
At Auction.
f8
a
a
95
40
•*
*
BONDS
110
a
S-)
••
.nesf.
Poik
21
1
4.0
See qaotatlona of City Rallroada in this paper.
27
65
)3
S3
"
"
11
20
V
pain mess
tm
I2xa
It)
9
a
a
a
!^4
loi
WOOL-
52^
3
S2(<
2 S;)^
1
PhOVlSloNS—
Corn,b*lkft l.gs. * bD,
Wheat.biiik A bags..
Bcel
... * 'ce.
Kaapi.errles
I
a
2^49
4;herrle>>. 01 y mixed
State
••>.»•••.•.(.
AUAL.C-, ut'inics,
#
Wliorueberiioa
a
'.9
}
a
No. 145
SALES
TALLOW—
•
JIB.
6J>.
VO
8>ia
"
,"C"
„
Yellow
IS
5
it
;
4 2J
**
KxtraC
4
1
!
d
"
B'/fnert— Hard, crushed
"*H
new
*'
H. L. Grant,
BROADWAY,
a 162^
3.
1
3 00
.
- 42
1
Br(>9klrn Securitlea Bonjcht and itold
j.i
a
VSX
**
Prlineclty
*
a
A SPECIALTT.
£3
...a
'Tsa
1
STOCKS
GAS
2'.
a
HI
BROAD 8TRSET.
24
....
®
%
1 40
S1GAR—
'^
1
1
"
Carolina, fair to prime
Lonlsiana. fair to prime
*
Rangoon, '.u bond
3ii .9^310
-•
BkUlsa.Seeaiear, perSOlb.lrall
•'
*'
BICB—
K)
..
it 22 00
16 00
6 51
O
bbl.
••
Hams. smoked
3)
SI
w
\u
25
"
Crude, In shipping order
Cases
Refined
Naphtia, City, bbls
Beef,extra
23
63
20
CAKE—
3 rt
1 2^
1
Geo. H. Prentiss,
Nominal.
1
a
»
H a
i'.l^i
IS
"
Olive, IB casks* gall
Linseed, casks and bbls
Menhaden, crude Sound.....
Nearsloot, No. toextra
Wbale, bleached winter
Whale, crude Northern
Lard, City ateam
.
26
!2
"
wlndowirlHSP
16
—
do
do
do
••
3.:el,
...4
a
a
**
OAKUU—Nary,U.S. Navy & best VB.
OILS—
Cottonseed, crude
V gal.
^-
51
IXa
"
NEW YORK
21
A
"
"
BROAD MTHBET^
3
STOCKS, BONDS, FOBKIGN EXCHANOB, *C..
BOUGHT A.ND SOLD FOR CASH OK ON MABOIN
.0
2u
21
x8
28
a
**
low No. 2 to good I'o 2
low pale to extra F lie
Pork, new mesa, spot
Pork, extra prime, new
Pork, prim*, mesp, Weal
2;i»
••
Canton Ulnger
terdlne*,* n»iri.it
Baroliie*. * qnartir box
**
a
bom)), gold
3
vl
Prnsslate potash, yellow. Am. .cur.
a
gold.
40 a
Qalcksllver
cur. 3(0 a
Ualnlne
•'
35
pr
Bbabarb, China, goo.l to
- a
Saleoda, Newcastle. VlWB, «old "1 05
:(
Shell Lac. 2d* 1st English. «<ll.cur.
a
100
gold
1
57^<8
»
Bodaash
l:>ia
Bngarof lead, white, prlme.VBcur.
"
5 •
Vitriol, bine. common
FiRB,
u
I
"
V
Seefh&..i9, Western
Bacon, West, long clear
.(In
M
U
18
pgTKOLKCIM-
1h
3 is
23
BANKERS AND RROKER^i,
No.
^
a
12
^i
a
a
a
a
a
a
a
uO
22 10
1!
City, thin oblong, bags, gold.* ton.
...a
Western, thin oblong (Oom.)cur " 77 SO
191
214^
^5.^3
a
car.
01; vltrioU«6 Brimstone)
9
Veal.
Sperm, crude
Sperm, bleached winter
Lard oil, Nos. 1 and 2
24
a
1'%^
9
15
OJ
16
"
Llcorlcepaste,Spanlab, solid., .gold
•'
do
40
do
21
ii
.-Ida
so
13
5)<ia
3 65
1 !0
Wcorlce paste, Sicily
..
17
lli)«
<5\is
"
Madder, Dalch
Madder, French
Nutgalls, blue Aleppo
j;xa
llHd
17 50
26H9
Cuba, clayed
OIL
**
2
Araanlc, powdered
Blearb.Boda.Nevrcaatle.VlOOB "
s
VB cur.
Blohro. potash
* UO ». ••
1
Bleaching powder
Brimatone, ^n la & 3ras,per ton.gald.2l
V*B..cur.
Brimstone, Am. roll
"
Camphor reSned
Castoroll.K.I.Inbond^t'eaK.gold.
S
«> 100 B
Caaatlc soda
"
15
Cblorate potash
•'
Cochineal, Honduras, allver...
"
Cochlneai.Mexlcar, nomlLal.
Opium, Turkey
UH
9
« 100 B car
V B. gold.
AInm.lump.Am
i!
d
9
a
a
^iiiitherf^
l> CO
York.
& Donald^
1
a
a
H a
a
:8
2S
New
3 KxeliauKe «onrt.
8H
It
Cubs, Mns., 50 test
do
do grocery graOos.
Barbadoes
....
Demerara
Porto Klcc, old and ntw
...
N. O.. com. to prime
K>i
a
'.0
15
'H
Co.,
BANKERS AND COMMISSION MERCHANTS
10H
la
18
1
HOLA8SKS—
"
3
U u
13 a
ISHS
&
m. Al....
"
Pitch, city
Spirits turpentine
V gal.
good
atrd.fi
strained
to
bbl
Rosin,
" low No. 1 to gsod t.'o. 1 •'
v4
15
15
"
a
a
a
18 to
rough
Slanghtprcrop
Oak. rough
Texas. crop
a
"
b., ;n.
i.lde,lt.,
Tar, Washington
Tar, Wilmington
«
'
aVi
&
R. T. Wilson
tH
NAVAl. STOKKS—
U
1IH«
"
gold.
gold.
gold
gold.
gold.
13
common
,
2 6U
- 2
2.0 isi 30
Ch'nnt...
a.
* 5U cents a.1<lUlouul lor dellvtry at Kew York.
S L. & VS . quotat.ous are fur Wilkebbarre coat.
'.;
00
i» w)
STOCKS, BONim and GOLD Honght and toM oa
CommlBBlon. and carried on Marglna.
DepoBlla Received and Intetast Allowed.
nr* AccouniB of Codntry BaoIu ud Baaknf ra
7
tuori PrUtt,
'*
tichedule.
9.
Ween wkei.
Hobukea.
g.*
St'mb... 9t
erate.... l
April
a
a
a
IB 5D
17 '0
New \»tU
ealred on favorable tamu.
.
U
Ueralock.Dnan, A'rea,h.,m.*I.VB.
!(0
placfa cf
5
Auitloi.
Anci'on.
Airll3).
ton.
Mt.,
i«
....a
....a
LKATHKK-
•
Per.n.
N'ew-
"
..
.
New
Tranaact a General Hanking Haslaess.
I9K
,
OOa
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.
*
V
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la
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do
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iiJi'dhiirly abovu the flgurta
Matamoraa.
Texas,
4 9J
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Wet. eiu factory, a'utocuoice."
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*\
3 31
Croton
rnport noder Cotton
HAVNorth IIITerBhlDr<ua
HKMf AN1).IUI'K-
PRICES CUftuENT
5^1
Nassau
St.,
their securities. IHiKt* not bi'V oh mki.l, oh act as
BUUKEH. ^LHVU KS HK.MlKUKll KUK A HODRkATB.
CorTcsiH.ntlenco of fureiffn and domeaUs
FCU.
Refers to Hallioirlen ft C04.
bankers solicited.
White, Murrlji k Co.; Marx A Co.: and others.
:
THl
•Ti
12
L.eg:al IVolice.
NEW YORK A
WEGO MIDLAND RAILROAD COMPANY
OSand
the Delaware
& Hudson
Also
PRICE OF PASSAGE, (including wine)
To Havre— First cabin, $100; second cabin, $65:
third cabin. $35: steerage, $26, including wine, bed:
dint;
and
utensils.
Return tickets at very reduced rates, available for
twelve months.
For passage and freight apply to
conveyance made and executed by Dennis Clark
liOlJlS
and wife to the New York & Oswego Midland Railrodd Company, and recorded in Orange County
Asent, 55 Broadway*
Records for Deeds, in Liber No. 2(0. oo page 20;*,
Ac. The fifth of which i-aid lota is described in a
deed of conveyance made and executed by William
W. Tuthill and wife to the New York & Oswego
Midland Railr. ad Company, and recorded in
Orange County Records for Deeds, in Liber
BI-MONTHLY SEIIVICK TO JAMAICA, H AYTI,
No -^£2 of detds. <m page 584, &c. The COLOMBIA
and AaPINWALL. and to PANAMA
sixth of which said lots is described in a and SOUTH PACIFIC P0KT8 (via Aspinwall.
('eed of convej'ance mpde and execut d by Henry
First-class, full-powered, iron screw steamers,
White and wife lo the New York & Oswego Midland from Pier No. 51 North lliver.
Railroad Company, aud recorded in Ora: ge County For Hayti, Colombia, Greytown (Nic), Isthmus of
Panama and South Pacific Ports
Rtcoids for Deeds, in Liber No. 237, on page 64,
May 27 AILSA
&c. 'i he ceventh f whch said lots is described in ALPS
For Kingston (Jam.), Hayti and Maracaibo
a deed of conveyance mad« aud executed by ANDES
29 CLARIBBL
May
Bridget Donovan to the Nt-w York A Oswego MidSuperior first-class passenger accommodations.
land Raiload Company, aud recorded in Orange
PIM, FORWOOD & CO., Agents,
No. 37 Wall Street.
County Recorda for Deeds, in Liber No ^.-Se, on
page 251, Ac. The eighth of which said lota is described by a deed if conveyance made and exePublicaiious.
cuted by Eiias F. Morrow to the New York & Oswego Midland Railroad Company, and recorded in
Orange County Rec rds for Deeds, in Liber Nj.
238, on pa.e liO, &c.
The said property will be sold in one parcel.
The sale will b« made subject to judgmnnta
obtained for right of way a'^d ciaima therefor, and
also subject to all sums due for tases. and also
subject 10 any uu[)aii claims of any of the em- LEADING NEWSPAPER OF THE MBTnODIST
EPISCOPAL CHURCH.
plo eee of the receivers, and of all others for labor
:
•
I
1
The
Christian Advocate,
MEW YORK.
,
or for supplies furnished for the operation of the
railroad from the time of the first publication of
the notice of sale of the aaid property, under the
Slid decree, up to the lime of the delivery of the
died to the purchaser, so thut the said claims of
eupioyees and ithers f-'r labor and supplies shall
j»ot exceed the aura of flf ly iht usand dol'ars. which
claims, judgment and taxes ahali be assume-l by
the purrhaser in addition lu the amount of the
purchase money or bid.
Of the whole purchase-moniy, not less than one
hundred thousand dollars wili be required to be
paid in cash at the time of sale, and at the time of
the delivery of the deed so much of the total purchase-money shall be paid in cash as shall be necessary lo pay and discharge the certificates issued and
to be iaaued by the receivers of the said railroad
heretofore appointed in this cause, with the interest
acTued and to accrue thereon, togeiher with all
oiher obligations, liabilities or indebtetlne^e of the
said receivers; and there t-hall also be paid in cash
80 much of the said pure has e-money aa shall be
necessary to pay and discharge all unpaid taxes not
assumed by the purchaser upon the aaid mortgaged
premises, and all the cost:-, fees, allowances and
compensation provided for iu said decree, aa
well as a II the expenses of the said tale. For the remainder of Iho purchase-money, the Master will
receive any of the receivers' certificate's, or any of
the past-due coupons and any of the bond? secured
by ine aforwaid mortgage set forth in the bill of
CirculaUon over 69,000 Copies Weekly.
THE PUBLISHERS
BUSINESS HOUSES
THE CHRISTIAN
ADVOCATE present to
Who
Of
its
readers, in
ly issues, a
its
week-
paper SEC-
ution
by
the priorities therein adjudged.
Da
ed March 15
dium that
its
G.
WHITE,
Master.
No. 120 Broadway,
New York
readers are of the bet-
That the membership
ter class in everj
of the Church appreci-
munity where
evinced
ate
thijs
fact
ia
the
present
is
large
and
it
:
Ita
comcircu-
lates; in fact, Juat the
people that flrst-clasB
Business Houses desire
to reach.
has a large local
PARTICULAR ATTENTION is given that
and
no Advertisement cal-
of
culated to mislead the
circulation
the
tn
cities
York, Brooklyn,
Jersey City and Philadelphia,
and goes,
Into every
a.
pajra to
point of actual merit.
New
City.
it
Reason
patronize.
around
Complainants' Solicitors,
an Advertiaing Me-
kind in the world In
IS^S.
KENNETH
iNDOaSK It Hiohlt
as
of
ita
Columns
Advertising
PUBLICATION
It
Albxandbb & Gbekn,
are in the con-
stant habit of uBlng
OND TO NO OTHER
STEADILY INcomplaint, each such certificate, coupon and bond
CIRCUbeing received for such sum aa the holder thereof CREASING
would be entitled to receive under the the dlftrib- LATION of the paper.
said decree, and accordiog to
ordeied
all
Bide tracks, depots, stations, turn-tables and other
appurtenances. A^ad also all the equipment, rolling-stock, engines and cars of the said railroad com^ny, defendan*. Also all other property, real, personal or mixed, of the said railroad company, defendant, appurtenant to or connected with any of
the aforesaid railroads, or which has been purchased
A!so all
^'or acquired by the receivers in this cause.
the franchises of the said New York & Oswego
Midland Railroad Company, including the franchise of bemg a corporation, which the said company possessed on the first day of July, one ihousand eight hundred and sixty-nine, or which it
afterwards acquired, and which are necessary,
material or useful in connection with the ownerB hip, use or o^ieration of the aforesaid railroads.
Also all the rights of the ssid railroad company,
defendant, to the telegraph erected and used along
Its i^oresaid railroads. Excepticg, however, all the
railrcads of said railroad company known aa the
Western Extension, extending from the town of
Cortland to Freeville, and from Freeville, in the
county of Tompkins, westwardly and northwardly
•to some point on the Niagara River, in the county
of Erie, and including in such exception any inte' est
in or right to the use of the track or railroad of the
JUtica Ithaca & Elmira RR. Company between Cortland and Freeville. And excepting also three parcels of land in the village of Middletown, in the
County of Orange and State of New York, conveyed by the said railroad company to the defendftQt David C. Winfleld, b/ deed dated ih& first dftj
:
,
The Delhi branch, from
Canal Company.
The splendid vessels on thi» favorite route for the
Continent— ca.bins provided witli electric bells— will
sail from Pier (new) No. 42 North River, foot of
Morton street, as follows
Wed., May 21. 5:30 A. M.
ST. LAUUENT, Jouclo
AMERIQUE. Delord
Wed., May 28. 10:30 A.M.
Wed.. June 4. 5 A. M.
FRANCE, Trudelle
|
t
&
BETWEEN
YORK AND HAVRE.
NBVy
Atlas Mail Line.
M
i
Mail Steamshipg,
DBDEBIAN,
m
Delhi, in the ccunty of Delaware, to the aforesaid
nnain line. The Kingston and Ellenvi'lft branch,
"from tUenviili', through the counties of Ulster and
Sullivan, to aforesaiQ main line. Toeether with
singular the Unda, track*, Hues, rails,
.all and
bridges, ^iaoiicts, culverts, ways, rights of way and
materials, buildings, ferries and ferry-boats, piers,
wharves, trections, fences, walls, fixtures, telegraph poles, telegraph wires and appurtenances to
eastmeuts, rights under
telegraphs, privu ges,
turns and parts of terms, agreements,
leases,
<;ovenant8 and contracts of all and every kind,
franchises, rights a d interests, real estate, pergonal propery, chosea in aciion, leasehold and
other things of aid belonging to the said New
York & Oswego Midland Railroad Company of
every kind, nature ard character what;'oever. And
all railway statii-na and depots, engine houses and
machine shops, wiih all the api urtenances neces*
sary or c< nvcnieiit for the sole, complete and entire
Tiae and operation, as well as maintenance, of ihe
said roads or rai.ways. And a:so all the locomotives, engli es, tenders, cars of every kind, carriages,
rolling stock, materials, t ols and machintry owi.ed
on the first day of July, one ihouaani eight hundred and sikty-nlnR, by the said railroad company,
orthereafttr acquired by r belonging or appcrtainiUji to said railroad and railwayp, and connected
with the pruper equipment, operation and conduct of the same. Ai d' ioo;ether with all improvements or additions made since to any or all of said
properties, estates^, lailroads or railways, and their
appurtenances. And alt o all and every other estate, interest, properly cr thing which the said
rail n ad comrany, on the first day of July, one
thonsand eight hundred and eixty-nine, owned or
held or thereafter acquired and held, and now own
and hold necessary or convenitnt for the use, oc:upation, opera ion and enjoyment of all or any of its
said railroads, lailways, leases and properly lights,
privileges and franchise:?, or any part or portion
thereof. And also all rights and privileges to use
the said road-beds, tracks, sidings, turnouts and
.^witches consirucied on the first day of July, one
thouband eight hundred and »ixty-nine, or thereafter construe cd for the convenicLt use of said
railroads, railways aud branches, or any fof them
'Owned or operated by the said railroad company, aa
ul.y and effectually aa the said railroad company ia
or was by law entitled to hnve or acquire, including
any leasehold or other privileges or rights under
leases or contracts made by the New Jersey llic?land Railway Company, tne Montclair Railway
•Company, the Sussex Railway Company, the
Crawford Railroad Company, the
Middletown
"iRidgefield Park Railroad Company, the MiddleUnionville
& Water Gap Kail.oad Comtown
pany, or the President, Managers atd Company of
The General Trans- Atlantic Company 'b
&
&
Y
]V L.
Direct Line to France,
to the defendant. Mathias Donohue, aud
And also exceptheld and poseebsed by him.
ing aM those several lots, uieces and parcels of
land flituate. Ijing; and being in the town of
Minifink, county or Orange and State of New Y'ork,
descrilied as follow s:— The firs? of which said lots is
described in a conveyance mado und executed by
Marcus S. Hayne and wife to the New York &
Oswego Mid and Riilroad Company, an 1 recorded
in Orange County Records for D.eds. in Liber No.
The second of which said
i29, on page 213. &c.
1' ta is debcribed in a deed of conveyance made and
Tuthill
Lewis
and wife to the New
executed by
Oswego Midland Kailroad Company, and
York
County
for Deeds, in
in
Orange
Records
recorded
The third of
Liber No. 3i3, o.\ pi^e 2:3, &c.
which said lots is described in a deed of conveyance made and e.secuted by Lawson Dunn and wife
to the New York & Oswego Midland Railroad
Company, and recorded in Orange County Records
The
for Df-eds, in Liher No. 939, on page VOl, &c.
fourth of whieh said lots is described in a deed of
&
line.
O
now
In pursuance of a decree of forecloeure and sale
of the Circuit Court of the United States for the
Southern District of New York, fiitirg in Equity,
made in the above entitled suit, and dated the second day of October, eighteen hundied and seventysix. I, Kenneth G. White, the Master therein
named, will sell at public auction, at the Wickham
Oswego MidAvenue Depot of the New York
laud Railioad Company, in Middletown, in the
County of Orange, and etate if New York, on
Saturday, the twtnty eighth day of June, eighteen
hundred and seventy-nine, at twelve o'clock, noon,
of gaid dav, the premises aiid property in and by
-{he ftiii derrte directed t' he sold; that is to say:
All ard singular the railroads, railways, branches
;aDd rightfj of ways, and other pr« perty belonging or
appurtenant thereto, constructed at or since the
date of iheraor.i^age m»de by the said defendant,
Oswego Midland Railroad Comtht New Y^Tk
pany, and for liie foreclosure cf wh.ch this suit
The main linn of road, ex^ya.* brought, i amely:
tending fiom the tiry of Osw'go, up:n Lake On•tario, ihn ugh the c« unties of Oeweeo, Oneida.
Madiso. ,C'henhBsO, Otsego, Delaware, Sullivan and
Orange, to the State line between the ptatesof New
York and New Jersey. The Cortland branch fn
Cor.land, in the county of CortUiid, by way of
Trust* n and De Ru>ter, through the counties of
di«on and ^.henango, to Norwich on
Cortland.
the aforesaid main line. The New Ber in branch,
erlin, in the county of Ch naigo, to
from t
theaforesid main
Steamships.
compniiy
•others, defendaLte.
w
(Vol. XXVIII.
Notice.
L.eg:al
\J SOUTHERN DIS'lRiCT OF >'KW YORK.—
JOHN G. STEVENS Mnd
othery, complainants, and ihe
HRONICLE
of Aagust. one thousand eight hundred and sevAnd
enty, and n-^w held and possessed by him.
a so excepting certain lands in the village of Middlttowii Lerttofore conveyed by the said railroad
^TNITED STATES CIKCITITCOritr,
In equity.— Between
[(
State
readers of the paper
is
inserted.
also.
and
CORRBSPONDENCK
Territory of the Union,
SOLICITED.
and Canada and Europe.
ESTIMATES PROMPTLY FURNISHED ON
APPLICATION.
-
His Celebrated Numbers,
PHILLIPS & HUIVTy
303-404- 70-35 -332,
1
'
I
\
1
and his other styles rnay he had of all dealers
PUBLISHERS.
throughout the world.
Josepll Grillott
& Sons.
New Tork.
J
No, 805 Broadway,
New Vork;
•
Of Sui'KKiojt English Make. 25
Samples of our leading styles, for
triul, including the famous ''U"
and " FALCON" Pens, by mail, on
receipt of 25 cents. Ask your Sta-
PHURVS PENS.
lTison,Blakeman,Taylor k Co
tioner for
Solo ARentfl for U.S.
New Yobk
@FedFRASER