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MAGAZINE
HUNT'S MERCHANTS
REPRESENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OF THE UNITED STATES
VOL.
JNO.
NEW
30.
C.
Member N.
LATHAM,
YORK, MAY
ALEXANDER,
H. E.
Jk.,
Member N.
Y. Cotton Exchange.
NO.
22, 1880.
R. P. SALTER,
Y. Cotton Exchange.
C. G.
MILLER,
Member N.
Y. Stock Exchange.
778.
Special.
LATHAM, ALEXANDER &
CO.,
m
AND
COTTON COMMISSION MERCHANTS,
Wos. 16
AND
NEW
Conduct
a General
WALL STREET,
18
YORIi:-
Banking Business.
Accounts of Banks, Bankers, Mer-
chants and Individuals received on favorable terms.
Contracts for Cotton for Future Delivery bougrht and sold
on Commission.
&
I.
N.
Co.
PHELPa,
JAMBS STOKfcS,
BANKERS,
ANSON PHBLPd STOKES.
45 TTAIili ST., NEW YORK.
3
C.
I.
Member
H^n80^f,
T.
Paid-Up Capital,
In Pounds Sterling, available In any part of the world-
No. 43
Bro!s,
BANKERS,
Bxvhanse Place^ New ITork.
P. POTTBB, Prest.
J. J.
EDDY
Stocks, Railroad Bonds, GoTernments. and
all
Se-
curltles dealt In at the N. Y. Stock Exchange, bought
and sold, either for investment or on margin.
since the dts'
Lode, and also
Cashier.
Maverick National Bank,
BOSTO.\,
400,000
si;rpi.its.
COLIjECTIONS a specialty. Business from Bunlcs
and Banliers
solicited.
Satisfactory
busiiieiis
paper discounted.
Cor-
respondence invited.
JOSEPH
P.
W.
LLOVD.
Ti'AI.I.
C.
MCKKAX,
Member of N. Y. Stocli
Lloyd
34
Sc
McKean,
STREET,
NEW ITORK.
OaiBAB, President.
Alfbed Maqcisat (Graff* MaqulMT), Vtce-Fr«f.
J. U. Vox DEB BifxK (B. Von der Becke).
Otto u^sthbk (CorBellle-David).
EMILK DK GiTTAl..
AD. Fra.vk ( -"rank. Model « Cle.)
Auo. NoTTKBiHM (Nottebohm Frer«s).
„
Fb. Dbams (Mlchiels-LooB).
_ ,_
Job. Da» FoaaMASH, Jr. (.Job. Dan. Fnbrmona).
touts Wkbicb (Ed. Weber & Cle.)
JULis Rautbnstbaoch
(C.
Bcbmld
A Cle.)
i
Howard C. Dickinson,
K. dickinsov.
Y. Stock Exchange and N. Y. Mining
Stock Exchange.
Members N.
Lewis H. Tavlou. Jr.
L. H. Taylor
LiNDLKY Haines
&
Co.,
Bankers and Brokers,
Eich'ge.
Buy and sell— on commission—Government, Railway and Miscellaneous Securities. Receive deposits
(ubjcct to check, and aU«w Interest ou bitlances.
'
covery of the famous Comstock
pioneers in the celebrated Bodie district, in which
are located the "Standard," "Bulwer." '* Bodie,
and other well-known mines. Letters and telegrams
from these districts received daily. Orders executed direct at the San Francisco Stock Exchange
^400,000 Platt
CJlPITAL,
9,000,000 Francs.
•
B0AR3 or DtRSCTOaS
Faux
Have been connected vith mining
ASA
.Antwerp.
H. Cdktis.
N.Y. Stock Exch.
Dickinson
in Dollars for use in United States, Cuba, &c.,
THAVELKUS' CREDITS and
Anversoise,
Centrale
for investment or on
margin, all securities dealt in at the New York;
Stock Exchange.
R. H. Lear.
CIRGDI.AB NOTES.
Banque
)
Buy and sell on commission,
COraniERCIAL. CREDITS,
Also,
L Hudson &
Co.
EXCHANGE COVBT, NEW YORK,
C.
Phelps, Stokes
Financial.
financial.
Financial.
138
SOUTH THIRD STREET,
PBILilDELPHIA.
Deposits received subject to check at sight, aad
interest iiilowed on daily balances.
Stocks, Bonds, Ac. b.iuuht and sold on commission
in Plillndolphia and other citlos.
Particular atteuti^»n given to informutioa regardlog luvestmeut Securities,
TRANSACTS A
GENERAL BANKING BCSKNJB9B.
Co.,
Clinton B. Fisk
&
BANKERS,
No. 3 Broad Street, Drexel BuUdloc.
DEALERS IN
governme.n r and investment securities
BUY and sell on COMMISSION,
For casta or o:, margin, all securities dealt In at the
New York Stock Exchange. Brokers In State, Kallwav. Municipal, Mining and Miscellaneous stocks
a na bonds.
.^-^
___-
R. T. Wilson
&
Co.,
B.^KERS VXD COMMIS.SION MERCHANTS,
3 EzcluiOKe Court, N sir Tork.
THE CHRONICLE.
u
Foreign Exchange.
Foreign Exchange.
&
Morgan
Drexel,
Mo.M South Thibd
St..
DOMESTIC AND FOREIGN BANKERS.
SecurltleB. Gold,
*c..ooughtandBoIdonCommlBeion. Interest allowec
on DepoBlts. Foreign KxchaBge. Commercial CredllB.
Circular Letters for Travelers,
Cable Transfers.
available in all parts ef the world.
29 WlUiam
Atto»xiit8 a»d AeaifTB or
GO.,
MeBars. J. 8.
No.
OLD BROAD ST., LONDON.
MOKGAN &
SPECLAL PARTNER,
Berlin.
OKtlTSCHK BANK.
&
Co.,
No. 69 TVAIiL ST., N. ¥.,
BUY AND SELL
OF
C A
AD
Bf
AVAILABLE
And
$5,500,000 Paid Up.
Capital,
President, the Hon.
JOHN HAMILTON.
JOHN MCLENNAN,
Vice-President,
STERLING,
ANY PART OF THE WORLD.
IN
Martinique and Guadaluiipe.
in FrancB, In
TRANSFERS
nAKE TEIiECRAFHIC
OF nONEY
Between this and other countries, through London
and Paris.
Make Collections of Drafts drawn abroad on all
points In the United States and Canada, and
of Drafts drawn In the United States
on Foreign Countries.
G.
S.
&
G. C. Ward,
LONDON, ENG.— The
ESQ.
and elsewhere, and issues Drafts payable at any of
the offices of the bank in Canada. Demand Drafts
issued payable in Scotland and Ireland, and every
description of foreign banking business undertaken.
Neiv York Agency, 48 Exchange-place.
IIKXltV HAGUE.
JOHN B. HARRIS JR., Agents
C. F.
Payable In any part of Europe, Asia, Africa, Aaetrall*
And America.
Draw Bills of Exchange and make telographic tranr*
fen of money on Europe and CaliforEla.
&
No.
Co.,
N08. 69
&,
CO.,
ClKOCTLAB NOTKS
J.
&
AND CBSDITS POB TBATKUHS.
Stuart
&
Co.,
J.
NASSAU STREET.
BILLS 0F EXCHANGE ON
33
8.MITHERS, General Manager.
NEW YORK OFFICE,
& 61 IVALL STREET.
sell
WALTER Watson,
(
A. LANO,
S
A„o„t,
Agents.
;
;
Office,
No. 9 Birchln Lane.
North America,
STREET.
Sterling Exchange and Cable Transfers. Issue demand drafts on Scotland and Ireland,
also on Canada, Britiah Columbia, Portland, Oregon,
and San Francisco.
Bills collected and other banking business transacted.
it. A. MCTAVISH.
' I Aeents
;
sell
Capital,
aiANCHESTER & COL'NTY BANK,
"LIMITED;"
MANCHESTER, PAYABLE
H.
lit
LONDON
;
S.
$1,000,000.
HOWLAND, President ;D. &. WILKIE,
HEAD
Bbanchvs
ST. CATHARINES,
NATIONAL BANK OF SCOTLAND,
EDINBUBG, AND BRANCHES;
ALSO.
UABLE TRANSFERS AND LETTERS OF CREDIT
Cashier
:
PORT COLBORNE,
ST.
THOMAS
rSGERSOLL, WELLAND, DUNNVILLE, FERGUS.
Dealers
l-n
Jlmerlcan Currency and Sterling Exchange-
London
BosANcjuBT, Salt &, Co.,
93 Lombard street.
Agents
In
:
I
1
Agents
In
New York:
Bank of Montrkal,
59
Wall
street.
Promptest attention paid to collections payable In
any part of Canada.
Approved Canadian business paper, payable In gold
or currency, discounted on reasonable terms, and
proceeds remitted to any part of the United States by
gold or currency draft on New York.
Foreign Bankers.
No. 85 Pine Street, Ne^v York.
Purchase and sell, on Commission, GOVERNMENT,
STATE MUNICIPAL and RAILROAD BOND!^
and STOCKS, and all classes of Securities dealt in
NEW YORK
at tl e
STOCK EXCHANGE, or all
repui able Securities bought and sold In the OPEN
MAHKBT.
LOANS
and
COM.MERCIAL PAPER
negoi lated. Interest paid on DEPOSITS subject to
check.
WILLIAM B. HATCH.
THt MAS H, BOUDEN.
FRANK
JENKJNg.
Issue commercial credits, make advances on shipments of staple merchandise, and transact othek
business of a financial character in connection witb
the trade with the Dutch East Indies.
RLAKE BROTHERS
14
CO.,
Sc
Agext* for North America,
WALL STREET, NEW YORK,
28 STATE STREET, BOSTON
Hong Kong & Shanghai
BANKING CORPOKATION.
CAPITAL (paid-up)
$5,000,000
1,500,00&
HEAD OFFICE, HONO KOXO.
The Corponition grant Drafts and negotiate or
Bombay, Calcutta, Singapore..
Saigon, Manila, Hong Kong, Foochow, Amoy
Ningpo. Shanghai. Hankow, Yokohama, Hiogo, San
collect Bills payable at
Francisco and London.
JOHN WALTER,
Banks.
The Nevada Bank
OF SAN FRANCISCO.
New
Torlt Agency, 62
Wall Street.
Invested In IT. .S. Bonds»
$3,500,000 Gold.
GEORGE
L.
BRANDER,
Agent.
Issues Commercial and Travelers' Credits available^
in any part of the world. Drawg Exchange, Foreig
and Inland, and makes Transfers of Money by Telegraph and Cable. Gives special attention to Gold
and Silver Bullion and Specie, and to California.
and arranges to pay
Collections and Securities
Dividends on such securities at due dates.
;
PAYNE & SMITHS.
UNION BANK OP LONDON.
do
New York, BANK OF NEW YORK, N. B. A.
Bankers, London, SMITH,
do
do
do
do
AMERICAN EXCH ANGE NAT. BA>!K.
THE
Anglo-Californian
Bank
LONDON, Head Office, 3 Angel CJonrt.
SAN FRANCISCO Office, 4'i3 California
BOSTON
AutUorlzed Capital,
Paid up and Reserve,
•
IGNATZ STEINHART.
LILIENTHAL, Cashier.
Parker
&
Stackpole,
BANKERS,
OOramiSSION raERCHAl«TS
No. 68
a go
)
Boston Bankers.
AND
AMSTERDAM, HOLLAND.
$6,000,000.
1,700,000.
Transact a general banking business. Issue Com*
mercial credits and Bills of Exchange, available in
all parts of the world. Collections and orders fat
Bonds, Stocks, etc., executed upon the most favox^
FRED'K F. LOW,
able terms.
ImnnBoor.
Managers..
P. N.
BANKERS
St.
Agents, J. & W. Selieman &: Co.CoiTespond'ts, Maseacliusetts N. B'k.
NEW YORK
Adolph Boissevain & Co.
N. T. Oorretjj9Ddents.-Me«8r». BX^ake bkos,
Agent, 59 Wall St.
Caliloriiia
(LIMITED).
OFFICE, TORONTO.
ULSTER BANKING COMPANY,
BELFAST, IRELAND;
AND OW THB
Agencies iu Batavia, Soerabaya and Samarang.
Correspondents in Padang.
OF
No. S% WAI^Ii
1863.
($4,800,000 Gold.)
OFFICE IN AMSTERDAM.
Surplas,
SmiTH, PAYNE & SmiTH'S, Imperial Bank of Canada
BANKERS, LONDON
Established in
Bank
Bay and
ITork,
Paid-Vp Capital, 12,000,000 Guilder*
AGENCY OP THE
British
New
Nederlandsch Indischc
Handelsbank,
A IVSTERD AlH, HOLLAND..
_
London
for
America
)
1, 1S79.
142 Pearl Street
Sterling
PARIS.
STERLING CIIEQUEB AND BILLS AT SIXTY
DAYS' SIGHT ON
ALEXANDERS & CO., LONDON.
Yokk, January
AgenU
)
\
EESERVE FUND
President.
Exchange, Francs and Cable
Transfers grant Commercial and Travelers' Credits
available in any part of the world issue drafts on
and make collections in Chieago and throughout
the Dominion of Canada,
Buy and
No. 8 Wall Street, New Yorb,
4 Peat Office Square, Boaton.
CHEQUES AND CABLE TRANSFERS ON
raVNROE
$12,000,000, Gold.
5,000,900, Gold.
-
GEORGE STEPHEN,
£9 EXCHANGE PLACE,
COBNKR BROAD BTISEFT, NEW YORK.
Issne Letters of Credit for TraTelers,
Nkw
Bank of Montreal.
BANKERS,
John Munroe
Clydesdale Banking Comp'y.
The New York Agency buys and sells Sterling Exchange, Cable Transfers, issues Credits available in
all parts of the world, makes collections in Canada
CAPITAL,
SURPLUS,
CARTER,
8.
STANTON BLAKE,
HENRY E. HAWLEY,
HEAD
NEW YORK—The Bank of New York. N. B. A.
AQSNTB FOK
& W. Seligman & Co.,
J.
1834.
($14,400,000, Ciold.)
Execute orders for the purchase or sale of Merchmndlse, Bonds, Stocks, and other secttritlee, In the
United States, Europe and the East make Collections
buy and sell Foreign Exchange, and give advances
upon Merchandise for Export.
BANKERS:
BARING BROTHERS & COMPANY,
52 WALL STREET, NEW YORK.
28 STATE STREET, BOSTON.
ESTABLISED
Pald'Up Capital. 36,000,000 Florin*.
Office,
A.
HEAD OFFICE, MONTREAL.
ON GREAT BRITAIN AND IRELAND. FRANCE,
GERMANY, BELGIUM AND HOLLAND.
GEORGE HAGUE, General Manager.
Issne Commercial and Travelers' Credits
WM. J. INGRAM, Asst. General Manager.
/AT
OF HOLLAND,
OLIVER
Merchants' Bank
OF EXCHANGE
B1L,L,S
The Netherland Trading Society
;
Canadian Baiik«.
n
Brothers
Exchange Place.
NEW YORK,
Handel-Maatschappij,
St., cor.
tfake Telegraphic Money Transfers.
Draw Bills of Exchange and Issue Letters oi Credit
a all principal clUes ot Europe.
Deposits received subject to Draft.
Brown
Lichtenstein,
BANKERS,
Pari*.
Pblladelptala.
Nederlandsche
&
Drexel, Harjes & Co
81 Boulevard HaaumaDD
Drexel & Co.,
Foreign Bankers.
Co., K.noblauch
WALI. STREET,
CORNER OF BROAD, NEW YORK.
XXX
Vol.
DEVONSHIKE STEEET,
BOSTOSr
.
I
May
THE CHRONICLE
22, 1880. J
111
BoHton Bankers.
FiDaiiclal.
Financial.
Geo.Wm.Ballou&Co
BOXDS OF SVRETYSIIII*
FIDELITY tiUARANTEE BUNDS
ARE ISSUED Br TUK
ANKERS,
8 m'all
73 Devonnhlre
street,
NEW YORK.
St.,
For ontera and Kniploycca of Bank
and Hailivaya.
No Bank oh Railroad KMPix>rEE Need ask bis
Friends to
Be<'u.mk uu
SL'retikh, as
BOSTON.
Continue Uis
the
Canada
FIDELITY A CASUALTY ۥ.
OF KJCW YORK,
Onaranteeing tho fldellty or i>prsuna holding poaU
tions of (HHmnlary trust and resiMinslbillty, tbua
a COKPOUATK UUAHANTBB lo limi of
Guarantee Co. securing
pemoiml bond whsro securltr Is reqalred for the
GRANTS BONDS OK SEOIJUITr KOR ALL rulthfiil perfornutnce of the dDtlea of •mployeea in
all positions of (runt.
ELIGIRLK MKN IN MUCH POHITIONH AT A
Choice RAILROAD and miTNICIPAL
Full Information can be obtained at the oaea, 187
THIFLINO CHAItGE PKR ANNUM.
Thld Company's SuretyHhtp In accepted by many Broadway.
SECVKITIES For Sale.
of the prlnctpul U. H. Kallruad CompnnleM and some Wm. M. Kiciiabdii. President.
Lyman W. Bnincs. Vice-President.
of the itanks. In Canuila its BondH are now almost
Geo. H. Uolt.
Geo. Wm. Balloc.
DEPOSITS BECEIVID AND INTEREST ALLOWED.
&
Brewster, Basset
Co.,
BANKERS,
No. 3a
CONGRESS STREET,
Boston, niaaa.
Oealen
CommercUl
Bonds, Gold sad
In Stocki,
«»per.
CommUilon
Order! oxecuted on
.AaeuonB.and Private
at
Broken
Board
Sale.
InTefltmeBt Becnrltlea conataDtTroD hand.
&
Chas. A. Sweet
Co.,
And tho
BANKERS
H. Peck,
AANKER AND BROKER
260
F.
RI 91
Boston,
1IIa§§.
Correspoadence
.
and
A. K.
WlLiniNGTON,
'C<<r,«ctU>Da
THOS.
P.
made on
all
B
fur-
Sand Brothers
&
:
;
linS.
)
C.T.
Wauuix
Cashier.
|
German Bank,
27 PINE
NEW
to all
bnamess
In
N. T. COBB^spoNDBNTB. Donaell. LawBon
ifl
t
our
line.
& Co. and
Financial.
BROKERS
Co.,
IN
FOREIGN EXCHANGE,
United Stntea, Chicago, Cincinnaii.Ht. Lonis,
Ulatricl orc'alumbia Uonds,
AND OTHER
J. 11.
WILLIAM STREET.
Latiiaal
f.
w. Perrv.
Bonds and Stocks;
also. State, Municipal and all
classes of reputable Investment securities, bonght
and sold at best market rates, invcstorsand dealers
wishing to buy or sell are Invited to communicate
with us. Loans negotiated for bankors and brokers.
CIIARLES B. OREENE,
BANKER AND BROKER,
30 Broad St., New York,
24.
FOR CHOICE
7 Per Cent Mortgages,
ADDRESS
SMITH A HANNAnAN,
Buys and
all
YORK.
Securities dealt in at the Stock Exchange.
&
Co.,
BROADWAY, NEW YORK,
DEALERS IS
Flrst-Clafss Investment Secnrltle*.
GOVKUNMKNT BON'DS, ST.VTE, CITY, COUNTT,
RALLKOAO* MiaCKLLANEOUS SEUCJIUTIBS
'
Bought and Sold on Commission.
Virginia Tax-RectivaUe Coupons Bought.
SOnlaBBlf SECURITIES A SPECiALlT.
LOANS NBOOTIATEl).
LISTEaEST ALLOWeU OX DEX'OSIIS,
N. T.
solicited.^
All kinds of MlSSOl'IU and ILLINOIS DEFAULTED COUNTY liONDS. Highest market
price paid for them. Uive full description, antf
I*to.
H. Smith,
BANKER AND BROKER,
NEW YORK.
RAILROAD SECURITIES
No. 52
EXCIIANGK PLACE,
(An Intimate knowlcdifo of
all
1
for the past 10 Years
A SPECIALTY.
Investors or Dealers wishing to buy or sell are
State, Municipal and
Invited to communicate.
Railway Beads and Coupons bought and I»l<t at beat
Uarkel Bates.
dee..
NEW STREET,
NEW
AVAKTED
Fred.
Beers, Jr.,
Gas Stocks,
No.
t. A. COQUARD,
A N D BROKER,
BANKERstreet,
St. I.ouis,
Y-ORK.
BROOKLYN SECDBITIES, CITT BONDS,
choice line of Investment Bonds always on
Correspondence
BROADWAY,
NEW
See quotations of City Railroads In this paper.
for cash, or on approved margin,
sells
L. Grant,
No. 145
CITY RAILROAD STOCKS & BONDS
BOUGHT AND SOLD.
Y. StockExchangc.)
134 N. Third
BANKERS AND BROKERS,
66
STREET,
Negotiates First-Class Railroad, State,
and Cltf Iioans.
^'""''
Me^'^onolltan Nfttlonal Banlc.
R. A. Lancaster
&
H. Latham
iDdianapolla, Ind.
hand.
$7S,000.
2£,e00.
(PAm-iN)
SuBPLcrs
(Member of M.
A
lilTTLE ROCK, ARK.
Prompt attention given
Co.,
A. Moran,
Daniel
'
Liverpool, Liverpool.
STATE BANK,
J.
H.
Co.,
ipayment.
Correspondents.— German -American Bank, New
York Louisiana National Bank, New Orleans Bank
CAPITAL
&
parts of the Un.tad States
(Incorporated
SON,
NEW YORK.
COMMERCIAL PAPBB NEGOTIATED.
Special attention paid to cuUectiona, W'th prompt
remittances at current rates of exchange on day of
J
MVELER &
H.
PINE STREET,
No. 7
COMMISSION.
BANKERS.
Y, Pknz»i„
PresMeat.
ADRIAN
Southern. Western, Northern and Eastern Railway
BANKERS AND BROKERS,
54 Wall Street, New York.
STOCKS AND BONDS BOUGHT AND SOLD ON
MILLER, R.D.WILLIAMS, JNO. V.MILLER
CHAS. B. MILLER.
4J.
OS
WEDNESDAYS AND SATURDATg.
Room
N. C.
inOBILE, ALABAinA.
of
REGULAR AUCTION
of all clasaeii of
STOCKS AND BONDS
the Construction and
relating to
Bank,
Thos. P. Miller
SALES
.
Wixum, Cashier
First National
BONDS
and
liold
Uii(Ierrt)?iicd
Max E. Sand.
Tno. V. Sand.
Edward a petit. Member N. Y. Stock Exch.
Inforn ation
Wm.
W.
A SPECIALTY.
Co.,
CoasK8PONDKNT8— McKlm Brotbor* * 03.
B. S. BuBac60, Pree't.
WILLIAM STREET,
All business
VIRGINIA 8KCURIT1KS
sollcUed
A. Ilurlbut,
II.
At Auction.
Tho
Equipment of RaKroads undertaken.
&
A. H. Hnrnos.
INYESTMENT SECURITIES,
Collect Coupons and dividends;
negotiate loans and draw bills of
EXCHANGE ON LONDON.
ipeclaltr.
mtshed.
N. \
Co.,
ItAlLHOAD INVESTMENT SECURITIES ;
BALTiniiOKB.
and
&
BUY AND SELL
Southern Bankers.
INVK8TMKNT
STOCKS
PTew York.
Curtis,
Wilson, Colston
(J. I,<)W.
52
BIJII.DING,
O N S>
Kennedy
No. 63
STOCK BROKERS,
'S I
HKAB OFFICE:
JaineH sirect. ITEontreal.
KL>WAHI> UAWLINCiS, Manager.
Bankers aud Merchants,
BOSTON.
&
W.
^t.
S.
J.
BXCHANGK PLACE,
Jackson
80th. 1878,
Williams,
(loo. S, Cue. J. H. T. fitranahan. CharUis Deniiln,
M. Richards, II. B. Claflln, John D. Malrs, Lyman
Brlggs, s. B. Chittenden.
Just published.)
IN GOVERNMENT SECURITIES
County and Railroad Bonds.
No. 7
»476.4fl6
December
JOU.N M. (.rank HniTutary.
Ki>WAHi> Htahk, (ii^uerat Agent.
DinErroRii—neonto T. iIdim-. a. b. Hull, o.O.
Prospkctus. F0R-M8, Ac, may be had on application to tho
DEALERS
-'State, City,
Gross Resources
(See Report to Government to
STATE STREET, BOSTON.
40
unlvurHally required by the Governments, Banks,
Hallways, and Contiuert-lul Institutions.
Thk Canada oiakantbic Company Is the only
Company on the Anit-rtcan Continent that has
successfully conducted this business,—a result of
which JHthat It has been able to establish a ll/mut
system tor thimo who have been S or more years on
the books, whereby the nubseiiuent premiums are
annually rodureil.— f/i*- rfitttction thU year Ui from 15
to 35 per cent on the nswil ratt.
The advantages of tmnsactlng btulness with this
Company are that It Is a well-established Institution, and has ample reserves, over and above Its
capital, to provide atfutnst exceptional reverses.
The most complete urul ri-liablo Information Is obtained Hsto tho (tittevedfjits of Kmployees.and this Is
realN of the tirht lmpi>rfiinco to tho Employer, as
also the system of periodical supervision and revision of thoso on the Company's Books.
Over 1100,000 have already been paid by this Company for Ifisses by unfaithful employees, nHthout a
sinole conffst nt law.
The Avuilablo Assets of the Company (at
:)lst l>ec., 1878) over and above uncalled
|110.(>16
Capital, were
YORK.
New York, New England & Western
INVESTMENT
CO.,
NEW
YORK.
N09.31 AND 33 PINE
No. 19 CONGRESS STREET, BOSTON,
UNION BUILDING, CHICAGO.
ST..
CAPITAL STOCK,
-
-
$200,000
•
Offers to investors carefully-selected securities
bearing from to 8 per cent Interest. Investment
securltlea bought and sold on commission. Settlements made for holders of defaulted securities.
Will act as agents In funding and rcorganlilng debts
of muBlcipallties, rallr.md companios, and other
corporations. Correspondence aoliclted.
JOHXC. SHORT, I'resident,
GEORGE W. Debf.voi.sk, V.
Pres.
f
f
New
'""•
""" York.
Lucas L. lli-BBABii, Assl. Vloe-Pr*s„ Boston.
WM. F. WAXS9.Ni Sw, »ud ireasn CUl«s (O.
THE CHRONICLE.
ir
Financial.
Financial.
Financial.
New York, May
20. ISSO.
UliE.KEI. BUILDI.VG.
Kountze Brothers,
BANKERS,
St.
130 Broadway (Equitable Bnildlnff),
;ra
5li5BRGADWAY|N.Y.J
NEW YORK.
3 OFFICE
LBTFEBS OF CREDIT
AND
C
R
I
C
IT
L.AR
X OT E
Charteretl under the Laws. of the State of
S
Issued for the use of travelers In
Hll purts of the world.
Bills drawn on the Union Bank of London
Telegraphic transfers made to London and to
various places in the United States.
Deposits received subject to check at sight, and interest allowed on balances.
Government and other bonds and Investment securities bought and sold on commission.
WM.
LATHAM,
R.
This organization
nowready
is
trans-
all
custody and investment of funds, the registry and
transfer of stocks, and the payment of dividends.
This Exchange
Teleptaoue Stocks,
Railroad Stocks and Bond»,
ALSO,
Investment
and Miscellaneous
classes of
Securities not actively dealt in at the Xew
York Stock Exchange.
will
Co.),
Me opened as soon as the
Mixixa Companies
necessary
in prog-
now
blanks
have their stocks
desiripg to
and
list
of the Exchange.
information
full
WM.
F.
All
may be
MOLLER,
Applications will be received for a limited
AXD ALL KINDS OF
number
SECURITIES,
Per Cent Consols,
STTE 1905.
Issued on
MAIN
ALEX. TAYLOa, Treasurer.
"|U INNEAPOLIS & ST. 1,0 IIS RAILWAY
-^
-^COMPANY. Coupons of this company, guaranteed by the Burlington Cedar Ra'>id9 & Northern
Registration of
;
ENNSVLVANIl RAILRO'.D COM1880.— The Board of IJlrectors has
this day declared a semi-annual
Dividend of
THREE PER CENT on the capitaj stock of the
Company, clear of all taxes, payable on and after
May 2f to stockholders as registered on the books
of the company at 8 P. M. April 30, 1=S0.
In order to give the shareholders the benefit to be
derived from a distribution of the shares of the
Capital Stock recently purchased from the City of
Philadelphia, the option is given to the shareholders
to receive the dividend hereby declared, either in
cash or in scrip convertible into the Capital Stock
of the Company at par, when presented in sums of
Fifty Dollars; provided the said option shall be
exercised on or before the 1st day of October next
otherwise the dividend will be paid in cash.
JOHN D. TAYLOR, Treasurer.
HAUTE
May
18,
1,
ALTON & TERRE
RR. CO., No. 50 WALL ST., NEW YORK,
1880.— To the Holders of SECOND MORT-
GAGE INCOME BONDS of the ST. LOUIS ALTON
& TERRE HAUTE RAILROAD COMPANY.
Coivpons of the above-named bonds due November 1, 1878, will be paid at the Company's office. No.
BO Wall Street, on and after Thursday, 20th inst.
In accordance with the orders of the United States
Court.
W.
CUT TING, President.
BAYARD
CHIEF MIXINtJ COMPANY,
LITTLEKOO.M
No. 54, BOIIEEL
BVILUIXG,
No. 115 Broadway, New York,
of Trustees have this
The Board
Kansas City
Burlington & Santa Fe
RAILWAY COMPANY'S
FIR§T noaXOAGE BOXDS.
May
15, 1880.
)
t
day declared a
MONTHLY DIVIDEND (No. 4)of ONl5 PerCent
on
the TB.V MILLION DOLLARS (*10,000,(X)0) capital
stock of this Company, amounting to ONE HIT VDRED THOUSAND DOLLARS (»10O,0OOI.
or Fifty
Cents per Share, out of the fourth month's net
earnings, payable at the Mining Trust Company,
"
on the aSth Inst.
Transfer books will close May SI and re-ooen
May 26.
D. F. VEKDISnaL, Secretaryf
Trust
Co., Trustee.
&.
City or Leavenworth.
Subscriptions to the amount of $2,500,0\)0 are invited by the under-mentioned comimny. and will be
even thousands
in
any amount.
A stock
interest in the road is allotted with the bonds. The
bondholders are to have a majority of the Board of
Directors until the completion of the road to
Wichita. Circulars and other information in detail
will be furnished <jn application to the
New England
Jc
Western
IXVESrME\T COMPAW,
&83 Pi.N-E ST., New York, and
19 CoxGKESs ST., Boston.
FINANCI.VL AGENT FOR THE RAILWAY CO.
31
FOR SALE BY
GEO. AVM. B.\t.LCr
&
the City of New Y'ork.
Sinking fund of two per cent of the gross earnings each year, beginning with 1885, forthe redemption of bonds.
Issued at the rate of ^15.000 par mile of completed road. Proceeds for extension of line from
Burlington to Wichita, and from Ottawa to Kansas
Neiv York,
Cincinnati 7-30S,
DUE IE 02.
PANY, Treasfrer's Uepaktiext, Phila-
SAi:«iT liOUIS
Proposals will be marked "PROPOSALS FOB
EQUIPMENT BONDS." and addressed to
E. F. WINSLOW, President.
receive<I in
Bonds Provided.
GEO. W.H. BlLIiOi; Sc CO.,
8 Wall St., New York
CHAS. A. SAVEET & CO., Boston.
Railway Company, due June 1st, will be paid at the
Cootinental National Bank.
ALE.X. TAYrOR.
Treasurer B. C. U. & N. R'y.
delphia, May
LINE, to redeem maturing FIRST
MORTGAGE BONDS.
1st of June
of the Central Trust Com_
Company, due on the
office
Daytoii
Co.
First Mortgage 6
NORTHERN RAILWAY COMPANY OF IOWA.
this
&
RH.
IV.
BURIilNGTON CED.\R KAPIDS&
be paid at the
pany of this city.
105.
These bonds have thirty years to run, and bear
seven per cent interest, payable semi-annually in
Cineliiiiati
Haiuiltoii
SEE GAS QUOTATIONS IN THIS PAPER.
Coupons of
not exceeding
?500,000 will be ready for delivery June 1, 1860,
and the remainder, at the option of the company,
before January 1, 1881, but not more than $250,000
before September next.
These bonds are secured by a mortgage to Alden
Speare. of Boston, and David J. Sellgman, of New
York, as Trustees. Cop-es of the mortgage and
bond and further information can be had on application. Terms, cash on delivery of the bonds.
The company reserves the riglit to reject any and
Farmers' Lo.au
8TREET RAILR0AJ3 STOCKS AND BOND?
will
cent of the actual cash cost of rolling stock purchased, and to be purchased, fornse by the company
and are each for the sum of $1,000, due fifteen years
from June 1, 1880, with a Sinking Fund payment
commencing June 1. 18S2, of 8 per cent, to be applied
semi-annually to the redemption of the bonds at
Secre-
GAS SECURITIES,
SE.4LT
June and December.
These bonds are to be Issued at the rate of 90 per
of non-members' monthly seat tickets of admission.
AXD
BROOKLYN
18S0.
be received until
twelve o'clock noon, Friday, May 28, Inst., for all or
will
all bids.
is
tary of the Committee, care Mining Trust Co.
CAS STOCKS
SEALED PROPOSALS
prepared to receive and act upon applications from
obtained by addressing
BROAD STREET, XEW YORK,
now
have been completed—about June 1.
Hie Committee on Stock List and Securities
ress
placed upon the regular
Geo. H. Prentiss,
Railway Co.
EQUIPMENT EOAN OF
est at.7 per cent, payable In gold
actions pertaining to Mining Interests, such as the
necessary improvements in the rooms
Louis & San Francisco
*I.OOO,000 FIRST MORTGAGE SINKING FUND (GOLD) EQUIPJIENT BONDS, Inter-
for business, and
on reasonable terms in
offers Its services
)'
any part of
CHRISTENSEX, Treasurer.
W. LBAVITT. Secretary.
C. T.
(Under the auspices of the Mining Trust
Trust Companies' Stocks,
TelegrapU Stocks,
19
New York
Presiaent.
Exchange Rooms and Offices. No. 03 Broadway, N. Y.
GaKllsht Storks,
i']
S.
American Mining Stock Exchange,
NASS.ir STREET,
BUYS AKB SELLS
21
MILTON
Special attention given to consignments of bullion.
NOYES,
C.
XXX.
\'Vcu
CO.,
CINCINNATI INIIIAVAPOLIS ST.
CIIIC.VGO
LOUIS
STOCK, BONDS AND SCRIP
BOUGHT AXD SOLD BY
^k:
8
Wall
Street,
New York;
CHAS.
72 Devon»liIre Street, Boston.
City of Austin, Texas, Bonds.
FOR
BASEMENT,
Deals In Investment Securities and
Bonds Generally.
FOR SALE
City of Dallas, Texas, Bonds.
J.
C.
CHEW,
W^all Street.
7
WAKTED
Alabama, Sentit Carolina
dc liOnlslana
State Boud.<i;
ic Gt. Northern,
Mississippi Central, and J^Ioblle
Nemr Orleans Jackson
& Ohio Railroad Ronds
new Orleans Bonds.
LEVY & BORG,
:
;
Bonds.
W^.AN TED
SAIiE:
Houston East & West Texas Railway Bonds.
:
Toledo Logansport & Burlington Bonds.
Union & Logansport Bonds.
Rome Watertown &. Ogdensburg Bonds.
Ind. Bloomiiigt'n & West. Old and New Securities
New Jersey Midland Bonds.
New York & Greenwood Lake
:
Texas State 7 Per Cent Bonds.
NASSAU STREET,
W^ANTED
'
Dke.xel BciLorNO.
64,
WANTHD
Albert E. Hachfield,
17
BOOTH
H.
Room
CIt7 or
:
11
Flint & Pere Marquette Railroad Certificates
Central Railroad of Iowa Bonds and Stock.
Port Huron & Lake Michigan KR. Co. Certificates.
St. Joseph & Western Railroad Co. Securities.
Des Moines & Fort Dodge Railroad Bonds.
New Jersey Midland Railroad Securities.
New York & Oswego Railroad Securities.
Indianapolis & St. Louis Railroad Bonds.
South & North Alabama Railroad Stock.
South Carolina Railroad Securities.
& Nebraska Kailroiid Securities.
& Columbia Railroad Securities.
Vicksburg & Meridian Itailroad Stock.
Kansas
County and Town Bonds of Western States.
City of St. Joseph, Mo.. 7 and 10 Per Cent Bonds.
City of Atchison. Kansas, Old Bonds.
Scioto Valley Railroad Bonds and Stock.
City,
St.,
City,
STREET.
""""
:
Connty and Township Bonds
OF THE STATES OF
MISSOURI, KANSAS and NEBRASK.4;
ALSO,
Greenville
WOT. K. UTIiEY, 31 Pine
WALL
WAKTED
N.
Y
All CLisSES of Railroad Bonds.
TOBEY
Sc
KIRK,
No. 4 Broad Street,
New York.
I
tomrie
HUNTS MERCHANTS' M/^GAZ1NK«
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE U}?ITED STATES.
lEntered, according to act of Congress,
VOL.
ill
tbe year 1880, by \Vm. B.
Dana &
CONTENTS,
rniou of Railroad Interests.
529 Gladstone. Austria and tbo
Easti-ni Question
Cotton Consumption in Europe 530
AKK«'Hsniont Bonds and tue
Latest Moiutiuv and CommerHarlem River
531
cial En^'lisli Nfw.s
Milwaukee & St. Paul's New
Coiiiuiercial and Miscellaneous
Ji.vtensions
News
532
Legislation Against Insurance
. .
533
Cbiniiaiiies
New York
530
Investments, and State, City
and Corporation Finances... 542
537
THE COMMERCIAL
TIMES.
Cotton
54C Dry Goods
540 Iniiiorts and Exporta
Brcadstufts
351
Commercial Epitome
5.52
I
552
is
issued every Satur-
mail matter.]
TERMS OF SUBSCRIPTION-PAYABLE
IN
For One Year (incUuling postage)
For 9i.K Months
do
Annual subscription in London (including postage)
Six mos.
do
do
do
ADVANCE:
$10
6
20.
10.
£2
78.
1 Ss.
Subscriptions will be continued until ordered stopped by a viHtten
order, or at the pttblication office. The Publishers cannot be responsible
for Remittances uuless made by Drafts or Post-Offlce Money Orders.
AdverllKemeiits.
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 iu Bauklug and Financial
column 00 cents per line, each insertion.
WILLIAM B.
& CO., Publishers,
WILLIAM B. DASA, >
YORE.
79 4 81 William Street,
JOHS G. ILOYU, JR. }
DANA
NEW
Post Office Box 4593.
cover
furnished at 50 cents i>ostage
^^ A neat
Volumes bound for subscribers at $1 20.
;
on the same
is
IS.ceuts.
Ep° For a complete set of the Com.mercial and Financial Chronicle— July, 1805. to flate or Hunt's Merchants' Magazine, 1839 to
—
1871, Inquire at the
ofllee.
LEGISLATION AGAINST INSURANCE COMPANIES.
seems as if our Legislature at Albany were peculiarly unwise this year.
In making commercial changes
the ruling spirit apparently is to have every act as little as
possible in conformity with well-established principles.
Churche8, savings institutions, life and fire insurance
companies and banks all of which are about as necesIt
—
sary to the existence of society as the
breathe
not spirited away.
company
As
of insurance risks
average value
the
is
to
only about ten dollars,
transact iheir business at a profit.
no
Of
course
if
there
is
profit in the fire business, insurance capital will decrease
We
high enough to make a profit.
when we bay that this measure
until the rates rise
\vu
use moderation
without justification, sure to be extremely miscbievoas
and should most ceitainly be met by a veto.
in its results,
day morning, with the latest news up to midnight of Friday.
[Entered at tlie Pest Office at New York, N. Y., as second-class
is
778.
one can easily determine how much more the insured will
have to pay, if the companies are to do all this and still
is
^Itc Cltrouicle,
file
is
the
think
|
The Commercial and Financial Chronicle
NO.
1880.
22,
survey and appraisement of every risk accepted, but also
watch over the property insured to see whether
it
534
Quotiitlonsof StocksanrtBonds !540
Now York Local Securities
541
City
Llbrariaa of Congress, Woslilugton, D. C.l
tlie
to keep
533
THE BANKERS GAZETTE.
U
Marltet,
S. Securities. Railway Stocks, Foreigu
the ottlce of
pelling insurance companies not only to take an actual
THE CHRONICLE.
Exchange,
Banks.etc
lii
SATURDAY, MAY
30.
Money
Co.,
very
air
Then there
is the Life Insurance Tax bill which is also
hands of the Governor. We discussed this measure some two months ago. Since then it has received a
few amendments, but is still very objectionable. The
first section imposes a tax of two per cent upon all
companies doing business in this State, upon the " gross
in the
" amount
of premiums, interest, and other income
" received by such company upon business transacted in
" this State."
This provision contravenes
all
previotia
methods of income and personal taxation. There is no
relation between gross receipts and net profits; for one
example, suppose a tax to be laid upon the gross receipts
of an extensive job printer.
On, a job for which he
receives $1,000 from the customer, perhaps $700 may be
for the single item of paper, on which the printer gets
not a penny of profit. What sort of taxation would
it
be to charge him an impost on the whole
§1,000 as an income? This section apparently proceeds
upon the assumption that the entire receipts of a life
insurance
in the
company
are " profits."
None
it is
" profits"
it in
part was,
of
But even granting
ordinary sense.
is not received at all, except in the bookkeeping sense. The Mutual Life, for example, received
in 1878 say 13 millions gross for premiums; $333,000
went out for commissions and 3^ millions for dividendswe went out, on the books, but in fact never came in at all,
— are being met with repressive measures, just as
were not in the interest of good government to encourage religion and thrift, and build up our commer-
if it
a large portion
being
first
What
sort of reason
deducted
Ifcfore
the payments were made.
that proposes to tax what
is it
was
paid out as well as what remained in; what was not, as
machinery.
welfas what was received; gross receipts, regardless of
our remarks have received this week their nature, source, or the rate of surplus arising thereare derived from the insurance legislation attempted. In from ? Were the tax to be laid only upon excess of
cial
The
the
illustrations
first
place there
is
the so-called " Sessions' valued-
which went to the Governor yesterday.
This act makes the face of a fire insurance policy the
measure of value. Such a law cannot fail to be very
harmful. It will either serve as an inducement for fraud,
or else raise the rates of premium very largely by compolicy"
bill,
income over expenditures, it would indicate a sort of
speaking acquaintance with reason. But what is income ?
If a
company
Buflfalo,
or converts
seems preposterous to
call the pro-
real
sells
securities into cash,
it
estate
in
ceeds of such a sale income, yet the construction of phrase-
ology used in this
bill
must be considered questionable.
THE (3HR0N1CLE.
530
words
ambiguity in the
The probable intent is to tax
receipts accruing on policies issued on lives of residents
here,
•of this State, and loans made on property situated
in
successful
but the framer of this bill was admirably
made
attempt
aroiding saying so. There has been an
There
further
a
is,
transacted in this State."
*'
XXX.
LVoL.
We
has been recalled from the Governor's hands.
bill
trust
may now have
it
its
enacting clause struck out
the only possible amendment which would perfect it
COTTON CONSUMPTION IN EUROPE.
Our cable dispatch containing Mr. Ellison's figures of the
movements
of cotton in Europe to the first of May, was for
section
to remove this ambiguity, for, as reported, the
longer than usual in transmission. We did not
reason
some
read, " received by such company in this State," but the
receive it until too late Friday night for insertion last
•words, " upon business transacted," have been inserted
The circular, however, has not yet arrived, its issue
the week.
-after the word "company." This mak«s plainer
having been delayed, as our cable states, until the'14th of
but does not remove the vagueness, for, in a
the month, and hence the cable figures will be of interest
eense, it may be claimed that all business transacted by
still.
Besides, as our analysis of these returns is somewhat
A
a New York company is transacted in this State.
different from Mr. Ellison's, our readers will find it usebut
•contract follows the law of the place where made;
ful to have them continued in the same form we have given
"when an application for a policy is filled out in Illinois,
them heretofore.
the application is accepted, and the policy written and
There appears to have been during April no check to the
signed here, and the money paid over and a receipt
consumption
of cotton in Great Britain, although the
given in Illinois, where is that business transacted ?
excitement
there had subsided while on the
speculative
On the other hand, if what we admit is not intended
promised
increase in spinning for the later
Continent
the
that all income whatever must be
^it should be held
developing.
The report for
to
be
further
months
seems
taxed under this bill, premiums collected in other States
bales
per
Great
Britain
week and the
April
gives
65,000
and already taxed therein, would be taxed anew here.
or
bales per week of 400 lbs.
Continent
117,000
52,000,
anomalous
This duplication would not, however, be more
This is certainly a surprising total. But before
each.
than the other requirements of the bill, for it proposes
considering these figures we bring forward our usual
wit,
to
upon
their
debts,
well
as
to tax the companies
statement of the total takings and consumption in all
their reserves, as upon their surplus over such deb's;
Europe to May 1.
this it really does by taxing the income of all their
-.intent,
—
—
;
doing so, it proposes to tax rents
and income from interest on securities,
the real estate and securities being already themselves
taxed as principal.
Some dozen States *ave already what are known as
reciprocal laws, the " principle " of which is the retaliatory one, each State saying to the rest, " whatever taxes,
•licenses, or other exactions you put on my companies, I
And,
property.
from
•will
in
real estate,
put on yours."
•contrary
;
its
It
is
not wise legislation, but the
results are mischievous,
and
it
does not
Surplus Oct.
Deliveries
1,1880
Supply to
1,
Bales, 400 pounds.
BaUs, actual.
Takings (U\d Consumption in Europe.
Great
Britain
Continent.
Oreat
Oreat
Britain.
Britain.\
1879
6,012,000
Continent.
15,000
18,720,000
May
to
1,885,130 1,613,720 823,133,030 697,127,040 2,057,832 1,742,817
May
1,838,519 1,656,65' 829,145,630 715,847,040 2,072,832 1,789,817
1..
same
Consumption
time
773,545,830 621,447.040 1,933.832 1,553,817
1,715,338 1,438,0
Surplus May 1, '80
Surplus April 1, '80.,
Surplus March 1. '80
. .
218,518
205,782
123,281
164,603
65,600,000
Surp;iM,yn|/ 1,1879*
74,058,190
94,400,000
80,112,000
87,117,690
52,800,000
85,061,120
90,800,000
139,000
185,000
217,000
132,000'
236,000
222,000
212,000
227,000
Corrected this month by Mr. Ellison.
'seem to have occurred to the Albany legislators that this
In the above we have the actual bales stated, as well as
^tate is a glass house in this respect, and that it is cer- bales of tlie average weight of 400 lbs. each. Mr. Ellison
vtain to be the chief sufferer if the practice of throwing finds the average weight of the actual bales up to May 1
In other words, having the
'Stones becomes general.
at 451 lbs. for Great Britain, and 432 lbs. for the Contigreat bulk of life insurance assets and interests, this nent, against 450 lbs. for Great "Britain, and 432 lbs. for
State will be hit in a great many States, in the person
up to first of last month. It will be noticed
Continent,
of
its
companies, by such retaliatory measures, and will
be able to
hit
bacb only a few
States.
For example,
that while the surplus stock of spinners
is
increasing
still
on the Continent, in Great Britain it is becoming less,
being only 139,000 bales of 400 lbs. each on May 1,
Ohio, in pursuance of this scheme, will tax nearly every
company of this State, and this State can tax in return against 185,000 bales April 1, and 217,000 bales March 1.
only one company. That one collected |354 of premium
The first two- weeks of May the English surplus must have
in this State, last year, and New York companies colbeen further reduced unless consumption has fallen off, for
lected in Ohio $1,348,253. Hence this bill will collect
the reported spinners' purchases and forwarded do not
$3 54 for the State treasury from the one Ohio comweekly consumption of 65,000 bales of
equal the reported
pany, and Ohio will respond by collecting 113,482 53
400
from New York companies, thus paying this latter
far
amount
to get the former.
It strikes us that this
is
the
which can be made profitable ©nly
transacted on a very large scale, and that a tax
levied for the expressed benefit of Ohio and each of the
Bort of financiering
when
other States, would have an advantage over
this
in
respect to clearness and simplicity.
season,
this
previous years,
These objections, which we have so
briefly stated,
a peculiar savings purpose and are severely
taxed already. It has been from the origin of life
insurance and savings banks in this State the settled
policy to encourage them by exemptions from taxation,
and the companion bill, which proposed a tax of onefourth of one per cent on savings deposits, has recently
been killed. As we write we hear that the Insuraucj
for
exhibit the total consumption thus
and for the same seven months of
we have prepared the following. Our
cable states that Mr. Ellison has revised his last
giving the total takings
figures,
1879,
at
bales,
1,623,940
and 1,541,330
Britain,
As our
sumption, we use
tinent.
are independent of the expediency of laying a special and additional tax upon funds which exist but
To
each.
lbs.
of 439
bales, of
dispatch
by
420
lbs.
each, for
lbs. each, for
year's
May
spinners, to
1,
Great
the Con-
does not give the revised con
in the following, the figures in last year's
circular.
Consumi>
Ponnds (000s
omitted).
October 1
Total
Bales 400
lbs.
per week
Euro2)e,
lion,
to
Mayl.
1879-80...
187S-79...
1877-78...
1876-77...
Great
Conti-
Total
Brit'in
nent.
Hurope.
Bales 400 Oreat
lbs.
773, .545 S21,44' 1,394,992 3,487,649
633,600 538,800 1,172,400 2,931,000
684,400 540,000 1,224,40013,061,000
740.200 570.000 1,310,20013,275,500
Bril'n.
62,382
52,800
57,033
61,683
Conti-
Total
nent.
Europe.
50,123 112,.50S
44,900 97,700'
45,000 102,033
47,.5O0 109,183
But the most interesting and useful way of studying
Mat
TBE (CHRONICLE.
22. 1980.J
these statistics
is
monthly progress
through a statement whicli shows
in consumption.
include five full weeks, so
The returns
we have now
country
tlie
is
being reduced so decidedly that the question o£
supply and demand
for April
in the record
531
may soon have very little influence on
may control the remnant of the crop.
price, for speculation
13^ weeks during which the mills of Great Britain have But the producer and the spinner will think of
been spinning to about their full capacity. What is the things, for they may have an influence lat«r on.
consuming power of Continental spindles is less certain.
Mr. Ellison gave the spindles on the Continental about "JO ASS£SSM£^'^T BONDS
THE
AND
millions in
October, 1878.
we
If
call
them 21
these
HARLEM
RIVER.
millions
this year at 54 lbs., the
Some attention has recently been drawn to the subject
extreme capacity per week would be about 54,500 bales of of the Harlem River improvement. It appears that as
400 lbs. ^ach; a consumption which could not be material, a part of the share of this section in the general grably e.xceeded in any week, even with every condition favor- bing under the annual "River and Harbor appropriation
able.
Up to this time the monthly figures for the whole bill," the surveys necessary have been already made
now, and the average per spindle
—
Mr. Ellison has for his by the general government, but that there is a delay
consumption for previous in the work until the complete and secure title can
months by adding about one-half of one week's average to be conveyed from the State. Last year an act was
both Great Britain and the Continent. We do not know passed appropriating the property needed to public use,,
to which month he has allotted this addition, and there- and authorizing its conveyance to the United States; the
In the final value of the land taken was to be assessed upon adjoining
fore leave the previous figures as heretofore.
Europe have been as
of
follows.
'
May
circular revised his
totals,
is
total
however, we include the entire consumption, which
property, and both
the State and the city,
pressly provided, should be
for thirty-one full weeks.
beyond the assessments.
Bales
Poumts.
COKSO.Ml'TION IS
400
lbs.
Bales per
tceel.-,
400
Great Britain, OctolK-r,
IH weeks.
Coutincut, October, 4 weeks
Great Britain,
November, 4 weeks.
Contiuent, Novcmlicr, 4'a weeks..
Great Britain, Dec,
i^ weeks
Coutincnt, December, -i^ weeks..
Great Britain, January, 413 weeks.
Ck>ntinent, January, 5 weeks
Great Britain, Fcbraary, 4 weeks.
Continent, Februai-y, 4 weeks
Toial Fchruiiyy
lbs.
exempt
frona
it was exany expenditure
This put the collection of these
but a bill was introduced early in the
present session authorizing the city to advance the
money for purchase of the condemned property, and
reimburse* itself out of the assessments. This bill was
assessments
first;
99,620,810
75,200,000
249,052
188,000
55,344
47,000
174,820,810
438,552
102,344
88,880,000
84,600,000
247,200
211,500
61,S00
47,000
183,480,000
458.700
108,X00
$100,000 for this purpose, which advance was to be
113,400.000
283,500
211,500
63,(K)0
repaid by the city out of the proceeds of the assessments;
84,600.00(
198,000,000
495,000
110,000
week, an attempt to insert an amendment for an appro-
113,400,000
96,000,000
283,500
240,000
63,000
48,000
priation anticipatory of the collection of the assessments
209,400,000
523,500
111,000
104.000,000
78,400,000
200,000
196,000
182,400,000
456,000
47,000
65,000
49,000
1
14,000
lost
by the
alleged.
Supply
interposition of the City Comptroller, as is
As
bill,
a substitnte, an item was inserted in the
appropriating from
the
State
Treasury
but this item was dropped out and, during the past
was defeated by the heavy vote of 19
to
5.
This,
doubtless, ends such attempts for this session.
The Comptroller's
opposition,
we
take
it, is
based upon
the objection to assuming the risks of the assessments^
and as to this he is clearly in the right. It is easy toone of the daily journals says, that " the cost to
"
the city and State will be nothing, since the land can
Total March
460.000
115,000
184,000,000
" be taken for public use under the right of eminent
6.'S,000
Great Britain, .\pril. 5 weeks
130,000,000
325,000
52,000 " domain, and the compensation due to owners be assessed
Continent, Ajiril, 5 weeks
104,000,000
260,000
117,000 " on the adjoining property, whose value will be greatly
Total April ...
234,000,000
585,000
" enhanced by the ship canal;" but this is a specious and
Great Britain, Oct. to May, or 31
T\'eek8
773,545,630 1,933,832
62,382
deceptive reasoning. The argument in every such case
Continent, Oct. to May, or 31 weeks 621.447,040 1,558,817
50,123
always is: "Here is a valuable improvement which the
Total from Oct. 1 to llai/ 1
112,505
1,394,992,070 3,487,649
"public interest requires should be made. It will benefit
* This is really only 4 weeks' consumption in Marcli, as tlie usual
allowance is made for tUe Easter holidays.
"both private and public interests; in fact, it will pracIt is perhaps unwise to say anything with regard to the " tically be a stroke creating value without
cost to
probabilities of the future. And yet one cannot shut one's " anybody.
3Ieanwhile, let the city advance the money
eyes to the changed condition within the last two months " for the sake of expedition; it risks nothing, for it has a
of all business in this country and the possible effect that "lien of improved and improving property until the
change may have upon Europe. To what extent have our " assessments are paid," &c.
free orders on Great Britain and the Continent for iron
This argument is not new; it has had a full trial, and
and very many other commodities influenced the consump- been found defective in every case. Experience in both
Great
Brit.-iin,
Marcli,
i^
weeks*..
Continent, Marcli, 4 weeks
104,000,000
80,000,000
200,000
200,000
65,000
50,000
say, as
Will our orders during the next New York and Brooklyn is most suggestive. In the
months be as large as they have lately been, and if not, latter, up to 1861, contractors on local improvements
what effect will their withdrawal have on Europe's capacity had been paid in city certificates of indebtedness, which
to purchase goods ?
Then there is one other thought, and were expressly payable on collection of the assessments^
that is what effect will the war between China and Russia but about that time both cities were persuaded by this
have on the Eastern trade. It will to a considerable extent very argument to issue their own bonds unconditionally
be a naval contest. Russia will undoubtedly blockade the and take all the risks. The result was, in Brooklyn, that
ports of China; and China has during late years been pro- some schemes failed that some were jobs of a flagrant
viding herself with quite a fleet. This matter therefore description, the Sackett street " boulevard" to the Park
may grow into importance as an influence affecting Eastern being one of these, and that there are entire blocks ready
trade.
for occupancy which are so baried under assessments
We throw out these suggestions not because they are of and unpaid taxes that they might as well be fifty feet
immediate importance. In fact, the stock of cotton in this under water. In the test case decided by the Court of
tion there of cotton goods ?
six
;
THE CHRONICLE.
532
the
Appeals, in 1877, the assessments were sustained on
not
is
sort
this
of
action
technical ground that municipal
Church,
open to judicial review. The late Chief-Justice
assessthe
pronounced
also
opinion,
the
who delivered
ment plan " unjust and oppressive, unsound in principle
"and vicious in practice;" its inevitable conse-
MIL WA UKEE dnow
It is
&
[You XXX.
ST.
PA UVS NE W EXTENSIONS.
tolerably certain that the Chicago
Paul will get control
St.
of
the
Milwaukee
Chicago
Clinton
Dubuque & Minnesota and the Wisconsin Valley railways,
both virtually owned by the same parties. A contest for
the possession of these roads has been going on for some
improvements time between the St. Paul and the Chicago & Northinduce
"is to
said)
(he
quence
former has finally come
" in advance of public necessity, to cause extravagant western, and it appears that the
victorious.
out
taxaruinous
"expenditure, fraudulent practices, and
This announcement exhibits only another phase of the
" tion; the system operates unequally and unjustly, and
to battle for supremacy now so actively waging between these
'leads to oppression and confiscation; it is difficult
surely, each
" find in it a sing'e redeeming feature which ought to two rivals of the Northwest. Gradually, but
hitherto
exclusively
occuterritory
upon
encroaching
•'commend it to public favor." At the end of 1876, is
two
of
the
more
recall
one
or
To
other.
the
pied
by
Comptroller Green estimated the 22^ millions of assessthis
determination
with
what
showing
evidences
recent
ments in this city as "worth" 13 millions, but his sucon,
it will only be necessary to
carried
being
policy
is
and
cessor, only a few months later, went further
lately bought the
of the 22 millions remark that the Northwestern has
declared his belief that not one-third
Chicago & Tomah and the Galena & Wisconsin, two small
would ever be collected. Judicial decisions that the
roads
in Southwestern Wisconsin, neither of which at
not
do
sense
legal
the
assessments are valid claims in
present comes in contact with its system, but one of which,
"
"
in the mercantile sense.
make them good
" The construction
assets
the canal," says the article we
"
delayed until the assessments
be
must
quoted,
have
" are paid in, unless the local authority will assume
" responsibility for their collection." Precisely— that is
of
h Tomah, has its northern terminus
On the other hand, it is reported
Paul.
on
the Chicago
right
the St.
that the
Paul contemplates building a railway from some point
in Southern Wisconsin to Elgin, 111., traversing
the Northwest has pretty nearly all to
which
district
a
responsias we would have it, for such assumption of
again, the Northwest is making efforts
Then,
now.
itself
amounts
It
bility is the very step that is objectionable.
right
of way for a line between Milwaukee
obtain
the
to
nothing
having
and
in practice to issuing the city's bonds
in opposition to the St. Paul's route between
Madison,
and
difference
The
them.
behind
but an unrealizable asset
getting those points.
in method is the simple but important one of
Together, the Chicago Clinton Dubuque & Minnesota
called
is
what
avoiding
first—
security
by
the city's
" this safe responsibility "—or, on the other hand, by and the Wisconsin Valley, will add about 432 miles to the
The former extends from Clinton, la., to
deferring it to second place, to not get it at all. To St. Paul system.
164 miles, and in connection with the
Minn.,
Crescent,
La
resort anew to an expedient so fully tested and found
will form an all-river line from Clinton
road,
own
Paul's
St.
wanting, while its load of debt still rests on property,
will, moreover, when the Chicago & Pacific
It
Paul.
St.
to
would indeed be extraordinary folly.
give the St. Paul a
this case all the is extended to the Mississippi river,
The
force of this objection
is
St.
on
its lines
in
between Chicago and St. Paul, in addition to
The Clinton & Duvia Milwaukee.
immediate
branches,
and one ornarrow-gauge
That a very great traffic would pass through the enlarged buque has also three
all
draining
miles,
162
aggregating
Harlem River, between the Hudson and New England, dinary-gauge branch,
Valley
runs
Wisconsin
The
territory.
fertile
seems to us to be as yet not demonstrated, though as a a rich and
Jenny,
107
Tomah
to
from
Wisconsin,
Central
canal basin and as furnishing dock facilities it might be through
Chicago
the
Perhaps
lumber.
rich
in
section
a
miles,
On the other hand, thei:e are
is
of no such
importance as to justify risks of
any kind.
greater,- because the projected
improvement
made of considerable use.
several considerations which should not be overlooked.
prominent one is that navigation of the Harlem must
A
direct route
the one
it
now has
& Northwestern
when
it
felt
sure
bought the Chicago
it
would secure
this
& Tomah, mentioned
road
above,
the right to extend its line
be subject to the interruption of several draw-bridges, as the latter corporation has
the
St. Paul to a connection
on
terminus
present
its
from
usefulness
great
as
very
prevent
its
therefore,
and must,
Valley
at Tomah (on the upper stem
Wisconsin
the
with
interfere
with
will
it
same
time
the
while
at
canal,
ship
a
the Northwest somewhere
railroads, which are at least of as great importance of the St. Paul), intersecting
the
as any addition to shipping interests possible from such
an improvement. Another is, that the distance from
commercial
New York
is
so great
that the
benefits
near that point.
It
new
is
interesting to note
acquisitions
will entail.
what additional charges these
We have been unable to
of the scheme seem to require, and wait for, a transfer
a change that is by no
of lower New York up-town
obtain any authentic information in the matter, but if we
are to accept as correct a statement quite widely pub-
means impossible and
lished, the stock of the
—
is
in
the predictions of some, but
Clinton
& Dubuque
i.s,
under the
one for which we need not be in haste to pre- arrangement, to get 3 per cent for the first year, 4
aside from any considera- per cent for the second year, and 5 per cent thereStill another is, that
pare.
The same report says that the Wisconsin Valley
after.
it is very inexpedient
tion of principle and appearances
for the chief commercial Slate, and the one which con- preferred and common stock will be purchased at
per cents.
tributes the largest share of any to furnish revenue, to 85 and 70 respectively, with St. Paul G
the results
using
and
correct,
be
figures
to
help on the general scramble for plunder by appealing Assuming these
calculate
can
basis,
we
as
a
operations
year's
If it is worth the of last
for aid in a chiefly local enterprise.
is at least
—
—
The capital
St. Paul.
them do it; if it is worth while for stock of the Clinton & Dubuque is §6,151,440, and at 3 per
the State of New York to do so, let the State do it. But cent, as above, .this would call for §184,543 in the first year.
would it not be as well to manage our own affairs without The gross earnings last year were $491,075; operating
while for owners of abutting property to dig out the approximately the yearly cost to the
Harlem
lliver, let
begging aid; especially since our begging encourages expenses, $370,997, leaving $120,078 as net earnings.
others in doing the same, and finally results in that After deducting 7 per cent interest on $953,000 bonds now
lational grab-bag, the lliver and Harbor bill.
out, there remains the sum of §53,308 towards paying
Mat
THE (JHRONICLE.
22, 1880.]
the $184,543
demanded
Valley has
"Wisconsin
at 3 per cent
on the
stock.
The
stock
and
common
,$623,000
533
Since the pablication, last week, of our report of
road earningn,
we have
rail-
received the Btatement of the
Chicago Burlington & Qaincy for March and for the
first three months of the cnrrent year, and the showing
the extent of $1,028,866, on is very favorable, both in gross and net earning*.
For
§1,403,255 preferred stock.
This,
if
exchanged into
St.
Paul bonds at the tei'ms given above, would increase the
St.
Paul's indebtedness
to
which the interest at 6 per cent is $97,732. Besides this, the month of March the gross earnings increased
the Wisconsin Valley had $1,103,965 of its own 7 per $381,873, as compared with last year, and the expenses
cent bonds outstanding on January 1, calling for $77,27" being but $78,803 larger, there was a gain of $303,070
interest additional,
making
For the first quarter of the year there
was an augmentation of $675,480 in the gross, and
a total yearly obligation to the
in net earnings.
Paul of $175,009. The gross earnings in 1879 were
$225,953, and the net earnings $92,385, to whieh' should
$510,662 in the net earning!".
be added $12,000 received from sales of land.
Taking,
course, contributed the larger share of the
we
in
St.
therefore,
last
earnings as a basis,
year's net
that there
would be a
Paul the
first
loss
find
of about $200,000 to the St.
-year on the two roads.
But
it
is
quite a
earnings
both
these
This expectation has
year.
& Dubuque showing
Clinton
the
of
first
quarter.
in the
same
jamiftry
February
time.
Total
UNION OF RAILROAD INTERESTS.
The
Topeka
&
—the
figures are,
again of $522,311 from
$134,022 from
months, and
March was by far the best month of the
The following are the figures in detail.
1880.
1879.
$1 ,200.238
*1,10,').008
.V<-(
Enniingi.
1880.
1,18(».H,">3
982.377
l,453,«ll
1,071,738
$630,810
525,788
781,780
$3,834,702
$3,159,213
$1,938,392
1870.
$515,085
424,005
478,710
$1,418,700
GLADSTONE, AUSTRIA AND THE EASTERN
QUESTION.
election of T. Jefferson Coolidge, a director and
large stockholder in the Chicago Burlington
little
ilnum Kfirninfft.
a gain of about $50,000 for
four months, and the Wisconsin Valley a gain of
about $60,000
improvement
passengers.
during the current
far been realized, the
lines
th\is
freight earningsPof
but the passenger earnings also supplied
freight during the three
confi-
dently expected that there will be a large increase in
the
receipts,
The
&
Qaincy,
Sante Fe,
Mr. Gladstone's letter of explanation regarding cerlanguage used by him during his canvass in Midtion on account of ill-health, is an assurance that the lothian, denunciatory of Austria and the general policy
friendly relations hitherto subsisting between these two of the Austrian^ government, naturally enough comgreat corporations will be maintained and possibly manded a large amount of attention, both here and
strengthened in the future. It is not supposed, how- throughout Europe. Bj' some it was regarded as an
ever, that there will be any change in the policy of the apology and was condera-'.ed.
By others it was looked
Atchison road towards its connections. The Burlington upon as an explanaion, and approved and commended.
& Quincy now gets, at Atchison and Kansas City, on In the light of the highest criticism, it is impossible, we
the Kansas City St. Joseph & Council Bluffi", a share of think, to arrive at any othir aonclusion than that, in
the traffic coming over the Atchison ; and probably all it writing it, Mr. Gladstone yielded to the instincts of an
asks for or expects is that this shall be assured to it upright and honor.able m.m.
In the heat of an exciting
hereafter.
It is manifestly to the interest of the Atchi- political canvass it was publicly stated by his political
son Company to be on good terms with all the connect- antagonists that his advent to office would be a cause of
ing lines, and to give to each a fair proportion of the disquietude to some of tlie leading Powers on the Conbusiness passing east, receiving in return from them tinent, and that it would be a cause of special regret to
west-bound traffic.
As we showed last week, this the Austrian Emperor, by whom thfe opinions of the
west-bound traffic on the Atchison toad is larger and great Liberal statesman were held in abhorrence. It was
much more profitable than the east-bound freight; but of all things the most natural that Mr. Gladstone should
the eastward movement, though smaller it was last reply, and that his reply should be severe all the more
year 305,235 tons, against 496,886 tons moved west
severe that he, was under the conviction that Austria
must always be an increasing quantity as the country was bent upon a policy of aggression in the Balkan
through which it passes becomes better settled.
peninsula, and that, under the guise of carrying out the
There is one contingency in which a closer union of instructions of the treaty of Berlin, she was really
these two corporations may be found desirable. If the paving the way for annexation and national aggrandizeUnion Pacific should ever become too closely identified ment. Since then, however, the Austrian ambassador in
with the Wabash or any other system east of the Mis- London has given the assurance that Austria has " no
souri River, and seek to control the course of traffic desire to extend or add to the rights she acquired under
going either east or west, the Burlington & Quincy the treaty of Berlin." LTnder such circumstances, and
and the Atchison, proicpted by self-interest, would prob- especially considering Mr. Gladstone's high position, it
ably find it advantageous to combine forces, in order the would not have been wise it would hardly have been
more effectively to resist and oppose the common foe. manly to have withheld the explanation which he has
There would thus be formed a strong line, extending from offered. Ah it is, he has set an example which it would be
Chicago to the Pacific coast. Mr. Gould long ago saw that well for men in similar stations men who have the peace
such a combination might be among the possibilities of the of the world and the destinies of nations in their hands
future, and it was for this reason, no doubt, that he to remember and to imitate. " Had I possessed such assurmade strenuous efforts to obtain a foot-hold in the new ance before," he says, " I never would have uttered any
Atlantic cfc Pacific. He was unsuccessful, and the plan one word which you describe as painful and wounding."
suggested can, therefore, if the necessities of the situaBut this incident derives its special interest and value
tion force it, be carried out.
But the ability to do a from the peculiar complications now existing in Eastern
to the presidency of the Atchison
in place of
Thomas Nickerson, who
declined a re-elec-
tain
—
—
—
—
—
thing
often tantamount to doing it, and the Burling- Europe, and from the relations sustained to the territory
Quincy and the Atchison may never be called and people of that region by the leading Powers. In
upon to counteract undue aggression in the direction the carrying out of the provisions of the treaty of Berlin,
ind'cated.
Austria and England are equally interested. It would
ton
is
&
'
THE (CHRONICLE.
534
I
Vol.
XXX,
bave been, to say the least of it, an awkward circum- effect to the Berlin treaty, it will be necessary for the
dance, if through the personal feelings of the Prime Powers to interfere, so far perhaps as to hold a new
Minister of England and of the Emperor of Austria, the Conference and make a new treaty to meet the new
friendly relations of these two Powers had been dis- requirements.
Such a result is no longer to be regarded
.
turbed. The situation is sufficiently complicated already.
Two years have well-nigh elapsed since the Berlin treaty
was signed and, in
been exerted by the
;
spite of all the influence
different
which has
Powers, several of the pro-
as an impossibility.
Furthermore, if a new arrangement becomes necessary,
Mr. Gladstone, should he be in power, will be as jealous
of Russia's preponderance as was his predecessor.
We
Mon- already hear of a confederation of the Balkan Provtenegro has not obtained peaceful possession of her new inces; and we have reason to believe that Mr. Gladstone's
line of frontier to the south; nor has Greece obtained 8ympath"y with some such plan was at the root of his
possession of her new line of frontier to the north; and jealousy of Austria's apparent aggression.
Mr. Gladthe Albanians who were equally opposed to the conces- stone's sympathy with the Greeks is well known; and
sions of territory made to Montenegro on the one hand, there can be no doubt that if the Berlin treaty is modiand to Greece on the other, have now risen in open fied or wholly supplanted by another treaty, the
rebellion against the Sultan himself.
Bulgaria is still voice of England will be in favor of largely inthat treaty have yet to be enforced.
visions of
with her limited territory; and such
•dissatisfied
vigor of Bulgarian propogandism
that
it
in
is
the
Eastern Roumelia
baffles all the efforts of the Sultan's
government
to preserve order in that province. In Constantinople
itself, every thing, as we stated three weeks since, seems
Ottoman Empire is
The treasury is empty; the
to indicate that the collapse of the
inevitable and
imminent.
government
bankrupt; the resources of the country
is
the
kingdom.
a Greek
kingdom so enlarged as to include Epirus and Thessaly, with a portion of Eastern Roumelia and probably also the southern half of Albania; and Constantinople, with some of the adjoining territory, proclaimed a
free city and under European protection
iome such
arrangement as this seems to be required to meet all the
difficulties of the situation
and it is not at all improbable that the intelligent sympathy of the new Liberal government of England with the suffering populations of the
creasing
A
territory
confederation
of
the
the Balkan
of
Hellenic
Provinces;
—
all piyment is in arrears; and it is only
utmost difficulty that supplies can be had for
the army and the navy. Such being the state of things
all over what still remains of Turkey in Europe, it is East may hasten the desired result.
The new English
manifest that at an early day, Eui^pean interven- government has already expressed its desire for joint
tion on a large scale will be necessary, not only action in the matter of the Greek boundaries.
This may
are exhausted;
;
<with the
for enforcing the fulfilment of the Berlin treaty, but
for averting the chaos which might otherwise result
prove the beginning of the end.
from the complete collapse of the Ottoman Power. It plauctariji^oimncvctalgngUsTx Items
which gives interest and importance to the letter
of Mr. Gladstone and to the maintenance of friendly RATES OF EXCHAJTGE AT LONDON AND ON LONDON
AT LATEST DATES.
relations between Great'Britain and Austria, a state of
is this
things which that
letter,
it
may
be taken for granted,
EXCHANGE AT LONDOX—
May
will secure.
It is, however, difficult as yet to say what course the
English Government will take in the gradual settlement
of these
involved
All that we do know for certain is
no disposition to shirk the responsibilities
questions.
that there
is
in the Berlin
faithfully carried out.
of
tliat
treaty.
If possible,
many
"With
treaty Mr. Gladstone
and
it
will
be
of the provisions
hi? friends
sympathy.
Os-
Time.
3mos. 23-45
Antwerp ....
Amsterdam
Amiiteniam
Berlin
Frankfort
Hamburg
"
. .
3 mos. 12-3'2 ®12-4
•'
20-63 ® 20-67
"
2063 a20-B7
<'
20-63
12-10
27-83
"
But the treaty has been signed the
Government like that of all the other nations
represented in the Conference is bound to see to its ful-
it
Madrid
It
filment; and, of course, there can be no going back on
-wliat has been done. If possible, we repeat, the treaty
must
and will be carried out. But it may not be possible. The
NewYorlf...
;
fiituation is
no longer what
was when the Plenipotentiaries met in Berlin. It is rapidly changing.
Each day
almost reveals a fresh difficulty. It was provided by the
it
treaty that Austria, in view of the inability of the
Porte,
should occupy and govern Bosnia and Herzegovina. This
Austria has done. She has at some cost of men and treasure
subdued those rebellious provinces, established a strong
government, and restored order. It was provided, at
the same time and by the same instrument, that the
Sultan's government should arrange the new boundaries of Montenegro and Greece.
This the Sultan's government has not done and we believe it is now unable
to do it. Albania, as we have already said, has not only
;
resisted the authority of the
these boundary lines
the standard of
tion.
;
revolt.
If the Sultan
she has
This
Sultan in the matter of
now
is
defied
quite a
him and
new
raised
complica-
® 20-67
a>12-12>2
®27-90
2i\92i''a
**
EXCHANGE ON LONDON.
Latest
Date.
Time.
Rate.
May
6 Short.
25-29
May
May
6 Short.
6
'J
®25-50
25o0 S23-55
®12-2
121
Short.
. .
Vienua
had but Genoa
British
Rate.
Short. 23-27i2a>25-32i2
Paris
Paris
St.Pctersb'rg
iitlle
6.
....
23-27I3
12-07
....
May
6 Short.
20-50
May
May
May
6 3 mos.
11-92
27-50
May
May
May
May
May
May
6 3 mos.
6 Short.
6 4 mos.
"
6
"
6
**
6
..-.
6
5
"
"
25iisa
47*i6'ci47Sie
47S4®47''9
Cadiz
90 days 52Ti6a3-29i6
Lisbon
18-42
mos®t8-45
3
Copeuliagen.
Alexandria.
**
Bombay
....
Calcutta
HongKoug..
Sliaugliai....
....
30 days
"
Is. 8ii«d.
Is. 8ii6d.
[From our own corresi»oudent.
97
4-85
Is. S3l6d.
Is. 83i6d.
3s. lOiad.
5s. 3hd.
I
London, Saturday, May 8, 1880.
This week's Bank return exhibits one feature indicative of the
growing strength of the money market. The circulation of
notes and of bank post bills has increased to the extent of £473,395, while in the supply, of bullion there is a diminution of'
£157,933, the result being that the total reserve has fallen off
to the extent of £660,098. The requirements of the provinces
have therefore been considerably increased, and from a commercial point of view this is very satisfactory, as it is evident
that the recent improvement in trade has been sufficiently substantial to necessitate a larger supply of currency to meet the
current expenditure. There is not, however, any reason for
believing in any immediate rise in the value of money. The
market is certainly firm in tone, but the improvement which has
taken place of late has had the natural effect of improving the
exchanges, and gold has, during the last few days, been arriving
As long as
in moderate quantities from Continental centres.
we are dearer than Paris, cheap as our money market may be,
cannot enforce the law in his own
we are certain to attract capital from quarters where it
which he is pledged, give produces a less remunerative result, and this process is in oper-
territory, and, to the extent to
Mat
THE (3HR0NJCLE.
22. 1880.J
ation at the present time. There is, however, no reason for
departing from the oft-eipressed opinion that there is very
little
likelihood of
mnch
variation manifesting itself in the
money market daring the early summer months; but it
anticipated that the autumn demand will be augmented
ift
fully
to
an
extent which will necessitate and justify a higher charge than
now made.
The annual statement
that
535
loans and companies hare been introduced on this market, viz.:
issue of £2,500,000 in live per cent mortgage bonds, in robBtitntion of the prevlously-anthorized amonnt of £2,000,000 ia
seven per cent bonds, the price of issue being 89 per £100 bond;
the Conde d'en Railway Company, limited, of Brazil, *ith a capi-
An
tal of
the Nautwich Salt Spring Baths Company
a capital ef £80,000 in £10 shares; the South
£42.1i,000
limited, with
;
House has London Tramways Company, limited, with a capital of £70,000 ;
results the North London Surburban Tramways Company, limited
compared with last year. The following are the particulars for with a capital of £50,000 in £10 shares the Colonial Freah
a period of thirteen years
Meat Company, limited, with a capital of £200,000 ; and the
Totiil
Oil Iths of
On StTc Excb. On coii«o1h Lion Life Insurance Company, limited, with a capital
o£
for the year,
account diiys. eettl'gdiiys.
the nioutli.
of the Bankers' Clearing
been issued this week, and
shows very satisfactory
it
;
:
1867-68
1808-69
1869-70
1870-71
1871-72
1S72-73
1873-74
1S71-75
1875-70
1870-77
1877-78
1878-79
1879-80
£1,000,000 in £10 shares.
Si
Si
Si
Ji
3,257,111,000
3,534,039,000
147,11.3,000
444,443,000
101,801,000
5.')(),(i22.000
132,293.000
M2,270,(K)O
3,720,OL>3,000
4,01 8,404,000
108,.'")23,000
5iM.7ti:i,0(lO
].H.S?'J,0|.|l
1011,1 11,000
80,517,000
0';!">,IM(!,O0<)
.'>,35'.),722,000
2'.'!),02it,000
205;965,0OO
272,841,000
255,950,000
240,807,000
231,030,000
224,190.000
212,241,000
218,477,000
912.410,000
1,032,471,000
970,915,000
2:i:t.si:i.(iiiii
0,003,335,000
5.993.580,000
0,013,299,000
5,407,243,000
4,873.000.000
5,006,533,000
4,885,091,000
5,205,970,000
],070,5'<5,()OO
200,:i:w,lloil
902,5i|5,OOO
71M, 793,00(1
212,215,00(1
745.005.000
811,072,000
905,533,000
233.3H5.()00
221,201.0110
1
2 lH.riOl
,0((ii
2(i0.072,
L'23,75(;,(ioo
Advices have been received from Calcutta this week slating
that the position of Indian finance is by no means so satisfactory
as the late Grovernment in this country had represented it to be.
It appears that the cost of the war in Afghanistan has been
considerably under-rated— to the extent, it is said, ef about
£4,000,000. It is added, however, that the state of the revenue
is quite as promLstng as had been previously stated.
The Board of Trade returns for April and the four months
233,113,000
The total amount of bills, checks, &c., paid at the Clearing ended April 30 have been issued this week, and they showHouse during the year ended 30th April, 1880, shows an satisfactory results. The following are the leading particulars:
1878.
1879.
1S80.
increase of £380,885,000 as contrasted with 1879. The payments
Imports In April
£34,004,190 *33,736,.504 £40.612,067
qp Stock Exchange Account Days form a sura of £965,533,000, Imports in 4 months
129.957,983 117,205,290 142,869,940
in April
16,iJ27,059
14,042,358
19,623,36(>
being an increase of £154,461,000 as compared with 1879. The Exports
Exports in 4 mouths
63.403,687
57,7-22,463
71,892,970
payments on Consols Account Days for the same period have
The movements in bullion during the m(}nth and four months
amounted to £233,143,000, giving an increase of £11,879,000 as have been:
OOI.D.
against 1879. The amounts passing through on the 4ths of the
1878.
1879.
1880.
month for 1880 have amounted to £218,477,000, showing an ino
a
£
Imports in
Imports in
Exports in
Exports in
crease of £6,236,000 as compared with 1879.
There has been a fair demand for money during the week,
and very little accommodation has been obtainable under the
Bank rate. The market closes, however, with a somewhat
easier appearance at the following quotations
The
Open-market rates—
Per uent.
4 montlis' bank bills
3 8319
months' bank bills
3^>i>.i\i
4 i& 6 moutlis' trade bills. 3^ai
Per cent.
3
i-.ato
Open-miuket latia—
30 and 00 (Lays' bills
3 mouths' bills
2''r5a3
2'8®3
rates of interest allowed
.
..
,
Do
Annexed
The
•>
^
2
2>4
a statement showin.^ the present position of the
Bank of England, the Bank rate of discount, the price of Consols, the average quotation for English wheat, the price of
Middling Upland cotton, and the Bankers' Clearing House
return, compared with the three previous years
is
:
1880.
1879.
£
Circulation, including
£
Bank post Ijills
27,930,9 1
1878.
1877.
£
£
29,749.512 26.397.792
Public (l<-pi)8its
6.780.635
0.977.579
7,085.313
Other deposits
26,024.374 30.401.098 20.951.069
Governui't securities. 15.962.730 14,900.801 15,556.4S8
Other securities
19.449,938 21,233,785 20,481.693
Res've of notes & coin 15,338,772 19,'241,571
0,953,104
Coin and bullion in
both departments.. 27,988,832 33,678,000 23,054,679
Proportion of reserve
to liabilities
46-30
5105
3513
Bank rate
3 p. e.
2 p. e.
3 p. c.
Consols
95T8
99%
9058
Eng. -svheat. av. price
45s. 9d.
408. 9(1.
52s. Id.
Mid. Upland cotton ..
ei^'isd.
O'Siod.
5V1.
ClcariJUK-Uouse ret'n 149,127,000 90,513,000 93,898,000
.
28.891.707
0.038,594
21,082,317
15,348,491
19,010,733
11,290,854
39-39
3 p. c.
93^1
0.1.
7^^cl.
95,479,000
Tenders were received at the Bank of England on Tuesday
for £1,476,000 in Treasury Bills. The whole amount was
allotted in three months' bills, tenders at £99 6s. lOd. receiving
about 60 per cent and those above in full. This is equivalent
to a discount rate of 2% per cent.
The silver market has been inactive during the week, but, on
the whole, prices have been firm, owing to the tendency to
improvement in the Indian exchanges. The price of flue bars
is 52^d. per ounce.
Mexican dollars are selling at 52^d. per
ounce.
The following
cipal foreign
are the current rates of discount at the prin-
markets
Bank
rate.
Pr. et.
Open
Bank
Open
market.
rate.
market.
Pr. ct.
Pr. ct.
32%
2^®3
Paris
2»3
Amsterdam
2
3
Brussels
3>a
Petersburg :
6
3 ©314 Madrid, Cadiz &
2»8®2''8
Barcelona
4
2'2®2!(i Lisbon & Oporto.
6
Copenhiigeu
2H
4®4>fl
BerUn
Hamburg
4
4
Frankfort
4
Genoa
Geneva
4
4
4
3i3®4
Vienna
St.
4
.
.
New York
Calcutta
Pr.
et.
3»8®378
5
4 «5
5>s®6
4 ®4i3
5i3®6
6
Reports are current that an Egyptian loan for £10,000,000
will be introduced at an early date.
During the week several
....
1,155,978
6,542,577
537,770
2,600,053
1.583..563
1.048.258
6,135.499
4.242.019
1,090,221
1,232,508
5,657,873
4,290,113
GOLD AKD SILVER.
3,370,432
2,204.230
10,364,147
10.785,226
2.645,591
1,770,338
12,099,543
6,956.168
supply of wheat
407,370
1,592,000
621,07©
2,505,421
494,05S
2,071,571
651,3802,702,843
'
901 .42*
3,663,571
1,272,450-
5.208,264
in the
and the export movement
A
24,837,739
OOs.
1,.555,370
United States having furto Europe having been
less active, the trade for wheat has, during the last few days,
been rather more steady, and no desire has been shown to press
sales.
On the contrary, holders demand higher prices, but
millers still operate very cautiously, and resist any advance.
Home supplies are still very limited, but the condition is fairly
satisfactory, owing to the prevailing dry weather.
Vegetation
makes slow progress, in consequence of the cold northerly
winds, and it is very probable that the harvest will be late. At
all events, wheat-cutting will not commence before the normal
period, and may be later than in the average of seasons.
large quantity of wheat has therefore to be provided to meet
the requirements of this country and of the western Continental
nations during at least three months, and diminLshing abundance in the United States may be expected, therefore, to exercise
some influence on the trade. St. Petersburg is now open to
navigation ; but it is said .that the supply of wheat available
for export is very moderate, and that those nations, poor aS
regards their supplies of cereals, will have to look elsewhere t»supply their wants. The weather is favorable in most parts o£
the world for the growing crops, and as long as this continues
to be the case the trade will probably remain quiet.
Advices from South Australia state that the wheat crop has
been gathered in, and that the result shows a larger amount of
produce available for export than in any previous season. It
is stated that 1,425,000 acres had been reaped, and that the
average yield had been 9^ bushels per acre, making a total
yield of 13,537,000 bushels. 2,925,000 bushels are estimated to
be required for seed and home consumption, and a balance isThe
left of 10,612,500 bushels, equal to about 284,263 tons.
quality of the wheat is exceptionally good.
The fall in the price of wheat this year has led to the suspension of four Arms engaged in the trade, two of which, one in
Scotland and one in Ireland, are of some importance.
Daring the week ended May 1, the sales of home-growa
wheat in the 150 principal markets of England and Wales
amounted to 26,755 quarters, against 58,937 quarters last
year; while it is computed that they have been in the whole kingdom 107,100 quarters, against 235,700 quarters in 1879. Since
harvest the sales in the 150 principal markets have been
1,081,230 quarters, against 1.917,801 quarters; and it is estimated that they have been in the whole Kingdom 4,325,020 quarvisible
ther declined,
Per cent
with 7 or 14 days' notice
6,441,670
SILVER.
Importsin April
Imports in 4 months
Exports in April
Exports in 4 months
by the joint-stock banks and
,
4 monthg
£xport6ln4 months
discount houses for deposits remain as under
T
i
,
Joiut-etock banks
J>lscouut houses at call
1,808,864
4,228,643
Imports in Apinl *
Imports in 4 months
Exports in April
:
B.ank
April
4 montlis
April
'
THE C5HR0N1CLE.
5.iU
tere, against 7.671,200 quartei-s in tlie corresponding period of
last season. Without reckoning the supplies t urnished ex-gran
ary, it is estimated that the following quantities of wheat and
flour have been placed upon the British markets since harvest:
a
*
of
Sales
1877-8.
1876-7.
39.198.892
0,082,110
20,311.103
4,338,924
home-growu
pioduce
18,741,709
33.212,000
20,090.100
28.472,100
Total
07,014,133
59,122,187
72,271,205
71,371,138
1,00.'5.345
1,289.599
1,370.081
00,008,783
70,931,000
70,000,157
53,117,830
4Gs. lid.
403. 5d.
523. 8d.
50s. Id.
15,905,290
8,394,890
5.909,100
c.tport3
of
Deduct
wheat and flour....
Result
AT'ce
iirU'e
70 1,3.j/
of Kuslish
whe.'it for tho8ea.sou.
Visitile .iuiiply of wheat
ousU. 2 1,400.000
liitUoU. 8
r
1878-9.
33.013.912
0,018,203
1S79-80.
Imports of wheat. cwt.41.731. 109
7,l-ll,32j
Imports of Hour
The following figures show the imports and exports of cereal
produce into and from the United Kingdom since harvest, viz.,
from the fir.*t of September to the close of last week, compared
with tht corresponding period in the three previous seasons:
iMi'onrs.
1878-9.
Wheat
1879-80.
cwt. 11.731, 108
Barley
10.988,0.>4
33.013,912
8,145,125
7,135,027
1,082.321
817.060
21,056,999
6,018,203
9,091,390
1.117,442
1,723,110
Oats..
Peas
Beaus
Indi.au
com
18.27(!.899
7,141,325
Flour
Wheat
Oats..
Pe.i8
Beans
Indian corn
Flour
0,731, 52:<
7.078.358
1,218,231
2,122,283
21,920.759
0,082,140
863.939
3,235.020
22.526,213
4,333,921
EXPORTS FROM NEW YORK FOR THE WEEK,
1877,
$5,518,533
90,353,470
For the week....
Pre V. reported..
674.169
43,319
82,003
20,038
23,963
362,101
29,383
16,635
16.752
171,983
49,101
EnKlIsb market Ileporta— Per Cable.
daily closing quotations in the markets of London and
Liverpool for the past week, as reported by cable, are shown in
the following summary:
The
—
London Money and Stock Market. The bullion in the
of England has decreased f 775,000 during the week.
Bat.
Mon. Tues.
Tliurs.
Wed,
Bllver.peroz
Consols for money
Consols for account
U. 8. 5sofl881
U. S. 4I39 of 1891
U. 8. 4s of 1907
Erie,
common stock
May
May
May
15.
17.
18.
19.
d. 523^^
52i«
;
99»i6
Og^ig
993i6
99"i8
:
;
105
105%
>,
«
11051
1091a
111
1093i
3o
»
37
(cntral
106
Pcniisvlvania
PhilaiUliiliia& Reading. 24^4
New York Central
129%
Illinois
3591
100
53
23
127
:
;
Bank
—
Total for the week i$900 silver and $6,385 gold)
Previously reported ($1,830,423 sllv. and $1,563,723 gold).
Tot. since Jan. 1, '80 ($1,881,323 sllv.
Same time
Same time in—
1879
1878
1877
1870
$7,738,351
7,714,117
11,026,555
21.750.377
21.
523i6
993i6
52%
52%
99ii8
99'>i6
99oi(;
993,,,
993in
IO514
111
10934
3034
105%
105%
111
111
1093j
37=8
1093i
3714
105%
loo
53
100%
24%
24
129
129%
123
—See special report on cotton.
Market. —
Mon.
Sat.
d.
».
Flour (ex. State)!pceut'1.14
Wheat, No. l.wh.lOO Ib.lO
d.
s.
2
99
t^
Mon.
Sat.
d.
s.
,
99
3
d.
d.
».
35
71
37
03
Mon.
Tues.
Wed.
d.
d.
5
-d
3
M
i..
..
—
G3
31
Holi- 6 a6'^
day. Q\-Bi'7H
10
®
1
14
10
7
10
10 7
3
10
d.
63
34
35
71
6
1
99
3
0%
5
5
Fri.
d.
Thur,'>.
s.
d.
a9
0%
5
5
s.
61
31
35
37 3
08
71
O
37
08
3
Thurs.
d.
a
..
s.
99
11%
411
4
Wed.
Tues.
10
10
Fri.
d.
99
10
10 7
9 9
10 3
4III0"
4 11
s.
1
03
31
35
71
37
68
London Petroleum Market.
,„
„
Petneum.ref. ?!g.il... ®
Fet'leum, spirits " .. ®
d.
t.
Pork,We8t.me88..^1)bI.G3
Bacon, long clear, cwt.. 34
Shortclear
"
35
Beef, pr. mess, S tierce. 71
Lard, prime West. t?cwt.37
Cheese. Am. choice " 08
Sat.
d.
10
s.
14
10
Fri.
d.
aO%
6%
..
..
6»4®7
..
Imports asd E.\pobt3 for the Week.—The imports of last
week, compared with those of the preceding week, show
an increase in dry goods and a decrease in general merchandise.
The total imports were $9,480,455, against $11,872,362 the preceding week and $11,439,920 two weeks previous. The exports
for the week ended May 18 amounted to $9,171,858, against
$7,704,922 last week and $8,538,857 two weeks previous. The
followmg are the imports at New York for the week ending
(for dry goods) May 13 and for the week ending (for
general
o \
o
merchandise) May 14:
FOKEIGN IMPORTS AT NEW YORK FOR THE WEEK.
Good';
General mdse...
$912,388
4,093,396
$1,368/753
4;278;713
$1,937?619
3,081,740
Total week.
$.5,005,784
.
Prev. reported.. 123.223,800
$3,931,806
108,790:331
$5,017,400
115;200;436
$9,480,455
188,46o;308
$850,000
$3,151,131
1871
1870
1809
1863
$32.3.57.361
12. 252,909
12.191,835
32,917,930
The imports of specie at this port for the same periods have
been as follows:
May.
10-Str.
Atlas
U.
S.
Am.
silv. coin..
$280
Am.
gold coiu..
1,050
1.000
ot Colombia...
Gold dust
Am. silv. coiu..
Am. silv. coin..
Am. gold coin
10-Schr. F. C.Ebhett ...Hayti
11—Str. Santiago
.-Cuba
5,7.50
300
1 ,200
3,000
109,588
-
Englaud
Mexico
12-Str. Bailie
11 Sir. F. de Lessees
—
For. silv. coin..
For. silv. coiu..
Total for the week i$l 18,918 silver and $3,250 gold)
Previously reported ($1,953,805 sllv, and $1,243,131 gold)
Tot. siucejan.l, '80 ($2,072,783 silv.
1879
1878
1877
1370
Same time
I
$3,962,110 1875
11,331,109 11871
0.690,109 11873
1,592,200 1872
and $1,210,381
gold) ..$3,319,167
Same time in—
lu
$0,217,107
1,570.102
1,773,977
031,578
I
*1 22,1 08
3,190,99*
..
1871
1870
1869
1808
$3,025,208
6,912,215
8,657,500
3,113,120
The following
table shows the receipts and payments at the
Sub-Treasary in this city, as well as the balances in the bame,
for each day of the past week:
Balances.
Payments,
Receipts.
Currency.
Gold,
$
May
17...
18...
19...
20...
21...
04
30
28
97
902,307 56
792,175 07
1,001,013
1,500,081
1,155,286
923,803
91,020,317 25
91,237,503 76
736,798 59
1,835,667 21
322,317 35
.599,810 22
806,811 86
2,358,014 63
91-,717.892 03
91,856.513 92
91,601,812 09
93,225,121 20
7,693.560
7,213.110
7,505.471
7.750.788
8,041,015
7,852,107
05
23
89
75
68
55
0,311,575 82! 6,719,979 86l.
Total.
is called to the advertisement of Messrs. C. I.
The members of this
Co., in to-day's Chronicle.
firm are well known on the street, Mr. Hudson being a member
of the Stock Exchange for a number of years. They buy and
sell on commission, for investment or on margin, all securities
dealt in at the New York Stock Exchange.
Investors looking for railroad bonds to purchase will be
interested in noticing in our advertising columns the Cincinnati
Hamilton & Dayton 1st mortgage 6 per cent consols, aue in
1905, issued upon the main Ijne to redeem maturing first mortgage bonds. These are offered by the well-known house of
George Wm. Ballon & Co., 8 Wall Street, New York.
—
The Uidhoaij Age Publishing Compan.v, of Chicago, have
issued a neat little pamphlet entitled " Railway Taxation."
This is an extract from a book to be issued soon by them under
the name of " llailway Expenditures ; their Extent, Object and
Economy"
(in
two volumes), by Marshall M. Kirkman.
tltat the New York, New England
—We are informed
& West-
ern Investment Company has received applications so far for
upwards of $700,000 worth of the Kansas City Burlington &
Santa Fe RailroacJ Company's 1st mortgage bonds.
•
®
Ctf nxmcvxial aitarjaciscgXlaueatts l%tm&.
^
..
Hudson &
Thurs.
d.
a.
11
10
99
—
Liverpool Provisions Market.
„
d.
10 1
9 9
10
10 7
J
3
=
K
"99
,
s.
11
Spring, No. 2...
"
Wiuter,West.,n.
"
10 6
Southern, new.
"
10 7
Av.Cal. white..
California club.
"
10 3
Corn, mi.i.,W.oldScent'l 4 11%
do do new. "
4 11
„
Wed.
Tues.
$30,090,975
19,303,518
20.019,715
7!
22,171,197
1872.
I
gold)
Same time in—
in
— Attention
Liverpool Cotton Market.
Liverpool Breadstuffs
1875
1871
1873
and $1,-570,103
.$7,2s5
3,111,146
..
Fii.
20.
52at
2358
1830.
$9,171,853
130,534,856
of New York for the week ending May 15, and also a comparison of the total since Jan. 1, 1880, vvith the corresponding
totals for several previous years:
May.
10— Str. Ailsa ...
Groytown
Pcruv. sil. soles.
$900
Puiita Arenas
11— Str. Clyde...
Am. gold coiu..
2,000
15— Str. Muriel..
Hamilton
Eug.g'd (sov'iis)
4,385
May
May
•
1879.
$5,697,932
115,420,303
Total s'ce Jan. l.$101,872,011 $133,702,070 $121,121,235 $139,700,714
The following will show the exports of specie from the port
Same time in—
May
1878.
$7,069,472
120,032,593
1876-7.
1877-8.
1,321,817
39,718
51.509
91,025
61,476
12,978
9,971
302,005
95,093
20,905
77,480
85,005
32,304
381,319
112.152
B.irley
1870-7.
20,311.103
10,216,490
9.8.->2.30l
EXPOltTS.
1879-80.
1878-9.
1,193.900
892,893
cwt.
1877-8.
39.198.892
XXX.
fVoL.
7,542330
Total s'ce Jan. 1.*128.829,614 $112,722,137
$120,847,902 $197,916,703
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 ot
specie) from the port of New York
to foreign ports for the
week endmg May 18
BAiNKIXG AND Fl.MNCIAL,
Qp° As a g cA paying luveniueut we
FIJiST
offer tlie
ilORTOAGE BOXDS
of the
RAILRO.\D COMPANY
Annum,
in New York City.
NEW YORK WOODnAVEN & ROCK.^WAY
Interest Seven per cent per
Payable January 1 and July
1,
Principal due is 1909.
TOTAL AMOUNT OF ISSUE,
-----
$1,000,000
Of which amount less than one-half remains unsold.
This road will be completed by June 1, and will coutrol the
railroad travel from New Y'ork to Rockaway Beach, where the
sea-side resort in the world is then to be opened to the public.
The runniug time from New York
minutes, and the road and
We oflfer these
its
to
Rockaway
entire
finest
will be but twenty-flv e
appointments are of the highest ch.aracter.
bouds at 106 and accrued interest.
full particulars and Information at our
Investors can obtain
r
No. 5
office.
FISK & HATCH,
Nass.vu Street, New York.
Mat
r
22.
THE CHRONICLE.
18£0.J
L'nlled Statca
'^he ^'ixnlicxs^ ©alette.
NATIONAL BANKS unUANIZBD.
States Com])trolIer of the Currencj- furalsbes the
followinpT statement of National Banks organized
:
nnnk
First Niitloiinl
of Foit Doiitoii. Mtnitaua.
(:il>U:il. *.")0.000; paiilin
PreaiiltMit ; Kiljjai- (>.
Autlioilzitl
capital. lii^O.OOO. William O. Coiiiad.
Ca.sUlur. Autlioilzcil to cuiiiiiieiiii'
Maclay
l)U»liii-M
2,477— Tln^
I'list
,
May
14, 1«S0.
National liaiik of Wcntlii-rforil, Texas.
capital. IflO.OOO.
C. H. Mllllkoii, Cushli!!'. Authorized to eoiimanti'
biisluton May 15. Ifi^O.
capital.
—Government
I'lt'.-ilclciit;
of 1881, $640,000 fives of 1881
The
lows
c'.osiug
and ^W.OOO sixes of 1880.
Vork Board hare been as
When'
Per
Name of Company.
Cunt.
.t
Xoiwall;
BookH Closed.
(Days iucluslvK.)
Payable.
•is,
Juuo
July 1
$2
j;.\prc«H
Jiuie 13 to July
1.
mAY 21, 1S80-5 P. TH.
aud Financial Situation. —The money
FRIDAY,
Tlie
money
.Harket
market has shown decided ease
actually been quoted on
this
week, and 2}^ per cent has
Government bonds,
since the 15th of August, 1879.
Loans for
for the
six
first
time
months on good
stock collateral have been offered at 5 per cent, although, as
money
well known, our banks and
is
—
some extent, as the endorser of the Coal & Iron Company.
Aside from matters above mentioned, there has been little new
in the stock situation, and the evidence rather accumulates that
our theory has been correct, namely, that the long and steady
decline has been caused in great part by the sales of many
small operators who had been carrying stocks for a long time
to
and had become discouraged.
The money market has worked very easily, and Government
bond dealers have paid 2^ @3}^ per cent the past few day.«,
while stock borrowers have paid 3@5 per cent. Prime commercial paper is still quoted about 5@5/^ per cent.
The Bank of England statement, on Thursday, showed a
decline of £775,000 in bullion for the week, and the percentage
of reserve was 46 3-16, against 48 per cent last week; the
discount rate remains at 3 per cent. The Bank of France
showed an increase in specie of 3,738,000 francs.
The last statement of the New York City Clearing-House
banks, issued May 15, showed an increase of $4,170,475 in their
surplus above the legal reserve, the total surplus being $10,238,325, against $6,067,850 the previous week*
The following table shows the changes from the previous week
and a comparison with the two preceding years.
May
15.
previous week,
May
21.
-20.
lOlSi
1881
103M
*
Is
1879.
May
17.
1878.
May
IS.
lioans and di9. $278..''>71.20O D(!e.$2,5<i3,50O $233.8S8, ,500 P233. 122,000
Bpeele
56.278.000 rue. 2,sati,500
18,703 900:
23.030.200
Circulation ..
20.1S>8.400 Dec.
74.500
19.085, 400
20.012,300
Ket deposltii
2«1.07.'>,!)00 I lie
2,752,000 230.424, 700 199.ii8«.100
Xjegal tenders.
19,229,300 Inc. l,!tr2,2O0
49,150, 900
41,020.100
.
Legal reserve.
Keserve held
$0.-j.2Ga.97;" Inc.
$088,225
75,507,300 luc. •1,858,700
$57,000 .175
07,914 800
$49,921,525
04,050,300
Surplus
$10,2:18,325 Inc.$l,170,475
$10,308,625
$14,128,775
-ris
i'2ii
*i>,
-.,
107 "9
120
•120
120i9>12« •120
127 lM20ia •120
•1-27
•120
127
l'.'«'4'120
the price bid : no tale was made at the Board.
in prices since January 1, 18.S0, and
The range
of each class of bonds outstanding
lows
;.•
l"lt>«lMi'
107<1« 10, ,
IO7I3' 10718
cur'ey,
cur'ey,
cur'ey,
cur'ey,
cur'ey,
This
w,.:-:.
KKI'h Ml'
10K:>«-1n
.
1891,
1891,
4s, 1907..,
4s, 1907..,
6s,
6s,
66,
0»,
88,
IOJ'h •KWh
104 Tj •101 T«
lOO'', •)oi:7
IO«''h -li'
1881..,
May
1,
l!r80,
the
amoant
were as
fol-
:
lenders do not favor time
These changes are mainly important in
showing the tone of feeling among bankers who have large
amounts to keep employed, indicating that they expect the
usual easy money period during the summer months.
The stock market, which has recently attracted so much
attention, had partially recovered from its extreme depression,
when the tide was turned backward to-day by the great break
President Gowan announced that the Philin Reading.
adelphia & Reading Coal & Iron Company had suspended payment from inability longer to meet its obligations.
This necessarily affected the stock of the Reading
Bailroad, and such a decline in a stock prominent in
two leading cities as a speculative favorite could not
be without influence upon the whole market. President G-owan
would give no details of information, but it was understood
that the company bad $600,000 to pay in New York for borrowed
money and could not survive it. The Philadelphia St Reading
Railroad Company by its charter could not hold coal lands, aud
another corporation was organized the Philadelphia & Reading
Coal & Iron Company. The stock of this company was owned
wholly by the Philadelphia & Reading Railroad, which also
guaranteed, wherever it could, the obligations of the company
which it had created. The railroad company stands, therefore,
Differ'uces fr'm
I
1W4
Ranee
loans of that sort.
1880.
19.
4isH,
4ias.
1
miKrcllaiicuiiM.
American
May
18.
58,1881..,
5s.
1'4
(i|iiar.)
May
6s, 1880..,
Os, 1880..,
6s, 1881..,
Itallruads.
Dnubury
fol-
:
I
have recentb' been announced
(llvl<lmiil»
been
New
prices at the
DIVIDKNOR.
The foUowliut
Lave
securities
expected during the next few months furnishes holders au
inducement now to keep their bonds. At the Treasury purchase on Wednesday, the total offeiings amounted to $4,273,000,
and §3,000,000 were accepted as follows, viz: (2,800,000 sixes
Aiitlini-Uid
Sam. U. MilUlcen.
!|i."iO.O00; palil-in
Bond*.
very flnn, as the Treasury purchates absorb each week about
all the floating stock of lives and sixes, and the ejae in money
The United
2,170— Till'
537
Amount
since Jan. 1, 1830.
Highest.
Lowest.
Ma.v
Registered.
Jan. 13 lOl'^,* May 20
10034 .May 18
1831....CP. lOlig Jan.
1881. ...cp. lO-2\ May 5 104i« Apr. 28
412S, 1891.. cp. 100% Jan.
2 109% May 21
4s, 1907.... cp. 103
Jan.
2 107'3Ai)r. 30
Os.cur'nc.v.reK. 125
Apr. 21 I2r>h Feb. 17
69, 1880.... ep. 102'j
$13,409,000
O.s,
173.493,.5.50
D8,
290.379.800
170,240.800
525,900.2.50
04.62.1,512
1.
1880.
Coupon.
$3,244,000
59,000.800
202..509,.'S00
79.753,200
213,422,000
Closing prices of securities in London for three weeks past and
the range since January
1,
18S0,were as follows:
May May May
i
Ranee
siiK-e
Lowest.
21.
14.
7.
Jan.
1,
1880.
Highest.
i
105
U.S. 5s of 1981
U. 8. 4iasof 1891
105
Ill's 110%
109i«ll09»a
U.8.4sof 1907
105is'x04i.3 Apr. 15 10«''ij Jan. 12
Ul 1109-s Jan. 2 111% Apr. 10
109% lOO^ Jan. 2 lOO^s Feb. 19
—
and Railroad Bonds. There has been some strength
Southern State bonds wherever the circumstances at the
South are such as to give any promise of fidelity in the fulfilState
in
ment of obligations. Virginias are strong, as also new North
Carolinas and South Carolina consols. Louisiana bonds appear
The investto be coming to this market from New Orleans.
ment classes of railroad bonds are very firm, and hardly vary a
single point with all the weakness of the stock market. The
speculative bonds vary from day to day with stocks.
Messrs. A. H. Muller & Son sold the following at auction:
Shares.
122 Pacillo Bank
92 North River Ins
10 N'a.ssau Fire lu.^
151'2®152
125
160
82I3
20H"tl'iiiau Fin- Ins
8 Mitropiilitaii N.it. Bank. .151
50 Manhattan Ga.-diKUt Co.. 193
142
20.1ener.wu Ins
27 N. Y. Kipiltable Ins.... lOt
Guardian Fire Ins
75
•
40 Sterling Fire Ins
SOHi
81
20 HtrrliuK Fire Ins
100 Bleceker Strcot & Fullou
20
Ferry RR
1
Bm
I a.
$15,000 Bli'O jkerSt. Jt Falton
Ferrv RR. 1st iiinit.. 7s,
due 19O0..lut. aalOO'a^lOO
Railroad and miscellaneous Stocks. —The stock market
continued to show a good deal of weakness and uncertainty in
the early part of the week, but subsequently became stronger,
and on Wednesday and Thursday there was a much improved
tone and some vigorous buying. To-day the early dealings
were marked by a fair degree of strength, but all the improvement was checked and set backward by the break in Reading.
The Philadelphia & Reading Coal & Iron Company has suspended
payment, and, although the full extent of this disaster to itself
and the Reading Railroad are not known to-day, the fact is too
obvious that with the enormous floating obligations of these
corporations the difficulty must be great. The coal-road stocks
fell off in sympathy, and with the decline in four such
leading speculative stocks, the whole list at the New York
all
Stock Exchange became heavy. At the close, however, there
was some recovery. It will be recognized immediately that the
trouble with the Reading corporations is exceptional, as their
volume of floating obligations has kept them in a weak position
for several years past; and the conspicuous inability to fund
those obligations in any form during all the buoyancy of the
past six months has been greatly against their good credit.
As to the stock market before this last misfortune, the
opinion was gaining ground that strong buyers were taking a
good many stocks at the lower figures recently made, and that
the worst of this decline had been experienced.
THE CHRONICLE.
538
The
Am.Dl9t.Tel.
Atl.tPac.Tel.
May
15.
W
40
80
40
May
78)i
39^ 38
47S 41H
61M 08^ 61K
eSli 64
63;!
15« ISW 15
'20
211
24
'16
16
18
38}«
40
Canada South, 4SH &3
Cent. of N. J..
63
Cent. Paclflo.
Ches. * Ohio. •16
Do 1st prf 23
Do
64
17
««
19
17
prf.,
2(1
Ohio. * Alton. 107X 107S< 108
Chic. Bur .&Q. 120 120H 110
7S>| 69
Chlc.M.&St.P, 78
Do
May
17.
May
18.
IB.
7B
38
Ma y
8W
7?« 7S
37M 3-W
im
44U
64H
il.
52^5
65
lii-X
15H
2«
mi
Chic.JtN. W..
Do
120
72^
106^
Ch.St.L.&N.G.
Chtc.St.P.&M.
ClOT.C. C.&I,
Col.Chlc.&I.C
26
mi
1065.
18754 188
~2U
27
26
isH
71« 71M 69"
ioii
11
11
49K
49)^
11
12>n
Del.&H.Canal 71H 73
Dol.Lack.&W. 76J« TVH,
Han.&St.Jo
80
68
64
eea
Illinois Cent.. 103
103K
Do
pref.
Hous.&Tci.C.
6*
Lake Krie&W. 24
W2H
Lalco Shore...
Ijouiav.ANaah 120
Manhattan
—
24M 26
27
24
lOSHi
]0o8l02«
120^ •120
Do
2(1 prf.
'•iii
Mich. Central..
78S
80>4
18
MoWlo.tOhio. •13Ji
75"
TOJi
Iowa Central
15
15
K. C. Ft.
K. C.
Do
1235^ 125?^
Do
pref.
Ohio Central..
Ohio & Miss
Do
pref.
Pacific Mail
Panama
Phll.&Kead'g
Bt.L.A.&T.H.
Do
3454
57
58
2T«
28?<
2lii
41
23
16
25
6B
17
26)i
pref.
N.Y.Ont. & VV.
Northern Pac.
123«125M
(1285«
85r
45<4
70
31J(i
30
33M
44
iT%
485i
43ii
S15i
305i
'12
pref.
'
St.L.^ S.Fran.
Do
Do
Do
pref.
Ist prf.
8t.P.&SiouxO.
prof.
42
42?<
m
«,)
41«
27
27S<
42'
,S75r
71
71
71
37Ki
71 5i
K^
8l«
R.S«
31V,
29
mii
Union Paclflc.
Wab.St.L.&P. 30 !<
pref.
37
51W
iiUdi
iim
<2
33M
S3
«,^
»T4
Sutro Tunnel.
Do
4054
41
•84
S?>^
43
65
885^
43^
435?
65
39
65
38
«5
88
1
n'^
btt^
Sales of
m
;
Range since Jan.
1,
1880.
I
Week,
Shares.
I
Lowest.
Range for
Year 1879.
Low. High
Highest.
I
81,450
161,900
Sovitliern.
.
304
Chic. Bml. & Quincy
2.814
Chic. Mil. & St. P. . .
169,940
Do
Cliic.
do prcf.
& Nortliw
Do
do prcf.
Chic. Rock Isl. <fc Fac.
Col. CUic.(fe Ind.Ceut.
Del. <& Hudson Cana!
Del. Lack. & Western
Hannibal & St. Jo...
Do
do pref.
Illinois Central
Lake Erie & Western
lake Shore
Louisville it Nashv..
Manh.attan
Michigan Central
Missouri Kan. & Tex
Morris & Essex
Nashv. Chatt. & St. L.
N.Y. Cent..& Hud.Eiv
H.Y. Lake E. (fewest.
Do
do pref.
Northern Pacific
.
Do
pref.
& Mississippi
Pacific Mail
Ohio
.
Fanaui.a
Phlla.
^
Reading
St. L.Iron Mt.ifeSouth.
St. L.ii San Francisco
pref.
Ist pref.
Do
Do
Union Pacific
Wal). St. L. & Paclflc
C.
Ft.
B
.
Louis V.
Loulsv.N. Alb.&C.Marcli
141,5(i0
Maine Central ...March
Minn. <& St. Louis. 1st wk May
8,()33
Mo. Kan. (fe Texas. 2d wk May
63,250
Mobile ifc Ohio
2d wk M.iy
29,228
Nashv. Ch.& St.L.Febniary . 191,1.54
N. Y'. (fe Canada ilarch
65.472
.Jf. Y. Cent. & Hud. April
2,782,324
N.Y. L. Erie(fe W.March
1,644,958
N.Y. (fe N. Eugl'd. March.
183,845
North Wlscon8ln-2d wk .May
1,703
l<ortheru Central Mar(<h
41 5,325
Northern Pacitic .\pi-il
183,227
Ogd. (fe L. Chaiup. 2d wk May
9,500
Patl.(feElizabctht-3 wks Apr.
20,604
Pad. & Memphis.. 3 wks Apr.
10,371
Pennsylvania . . .March
3,278,186
PeoriaDcc. (fe Ev.4thwk.Miir
9,580
PhiladcL.fe Eric. March
327,678
Phll.a. (fe Reading. March
1,457,322
Pitts. Titusv.ife B.April
55.700
Ports.Gt.F.(feCon. .March
17,882
Rensselaer .fcSar.March
156,560
St.L.Alt.(feT.H. ..2dwkMay
19,738
Do
(brchs).2d wk May
12,980
St. L. Iron Mt.(fe S.2d wk May
91.200
St.L. .feSin Fran.2d wkMay
38,599
St.Paul & DiUuth March
37,896
8t.P.Minn.,feMan.lstwk.May
57,675
St.Paul.fcS.l'ity..2d wkMay
26,245
Scioto Valley ... .2d wk May
5,003
Texas .fe Pacific .April
173,000
Tol.Peoria*War.2(twkMav
26,966
Union Pacific.... 11 dys May 640,000
Wab. St.L. &Pao.2d wkMay 235,727
Wisconsin Cent. 1st wk Apr
22,044
Wisconsin Valley. 4thwkApr
9,711
.
.
.
84
31
5S
83
SO
«5<l 67
vn
97^ 99^
ma
no saie was made at the Board.
Total sales of leading stocks for the week euding Thursday,
and the range in prices for the year 1879 and from Jan. 1, 1880,
to date, were as follows:
Central of N. J..
Chicago <& Alton
(fe
&
40
May
2,695
88,500
1,910
1,480
5,785
28,355
410,270
9,020
17,250
1,830
4,085
155,2;w
5,700
7,850
37,905 75 May
80,136 28 "'a May
3,018 10134 Jan.
4,140 66 May
29,964 122 May
344,259 34i4May
7,700 56 May
7,565 20 May
17,290 39i2May
38,690 24>3Mav
99,495 271a May
168 Jan.
107.550 S0i4May
40,515 39i4May
3,900 25i4May
4,100 33 May
900
12,975
35,470
05,075
77,035
74ieJan.
1
6II9 May 17 90>4Mar.
9913 Jan. 2 116 Mar.
115 May 21 152 Jan.
69 May 17 8538 Mar.
99 M.iy 10 IO712 Mar.
87i3May 11 97 Mar.
104 Feb. 10 H012 Mar.
149 Jan. 2 194% Apr.
9i3May 11 2518 Jan.
69 May 14 8636 Mar.
7414 May 14 9473 Mar.
23 May 10 4212 Feb.
64 Jan. 7 76 Feb.
99 12 Jan. 2 110 Mar.
2014 May 11 3838 Mar.
98ie Jan. 5 nils Mar.
86ie Jan. 8 164i3Apr.
24 May 18 5712 -Mar.
May
May
2834 May
5412 May
96 May
60
80
17
17
95
Mar.
14I 4514
78 13
33is
89'8
IOOI4
26 Ill's I3412
27l 34% 8218
29 7434 102%
31 49=8 91I2
23' 767s 108
14 119 15012
5
28
26i
8918
30, 38
8
291 75
22
24
43
I314
94
41 12
24' 34
7018
311 79 14 10034,
~
28 12
4 16
4 67
2 35
16 35
5
7334
538
4914 Jan. 27
6 IIOI2 Feb. 28 75 '8
18 128 Mar. 5 35J2
11 137
Mar. 31 112
11 4878 Feb. 2 21 1(
11 7373 Feb. 2 3712
11 36 Jan. 14 tl6
11 60
Jan. 13 f44i4
11 4433 Mar. 6
7%
17 62 Mar. 8 1038
2 190 Apr. 13 123
21 7238 Jan. 3
11 66
Feb. 17 13
11 48 Feb. 2
3%
11 6OI4 Mar. 8,
418
11 83 12 Mar. 9
9%
11 9738 Jan. 19 57hi
10 48 Jan. 27
17 7258 Jan. 27
21 II6I2 Feb. 24 88«8
108
8912
72 14
98
3534
104 12
83
139
49
56
53
60 12
7812
95
Do
do pref.
Western Union Tel.
116
* Range from Sept. 25.
Range from July 30.
j^**^^*** railroad earnings and the totals from Jan. 1
to
i'''^^
latest dates are given below. The statement
includes the gross
earnings of all railroads from which returns can be
obtained
ine 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.
20, 389
108, 619
149 ,484
74,,716
31 214
212, 946
378 339
114 ,252
362,361
200,321
210,942
1,058.291
111,917
287,007
135,955
312,145
277,517
504,853
375,877
534,630
3,617,784 3,13i'.224
1,645,379 1.461.707
841,454
713,859
829,577
715,007
1,781,783 1,622,957
448,907
356,796
545,989
157,706
367,245
241,476
194.325
113,890
399.559
379.559
156,467
96.897
2.6.83,173 1.870,57*
179,392
129.968
368.562
322,792
180,331
130,894
893,876
1.524,026
819,131
702,552
396,788
315,313
164,137
85,286
502,1.50
398,970
20,,094
.564,966
225,1500
18, ,693
54, 506
18, 997
7, 070
34,,832
5 ,146
84,,046
49, 224
12'7, 080
7 ,164
45;,595
28 ,174
1.58 ,034
32 ,180
2,214,,(i26 10,548,003
1.356, 780 4,193.557
151 ,737
497,984
1 ,530
66,1,55
334 ,166 1,080,679
115 ,656
441,062
141,195
,813
13 ,951
112,867
7 ,069
2.603 ,068
8,924,134
3.711,344
398,625
30.792
872,776
306,303
95,149
83,251
48,190
64,409
9,306,313 7,684,531
4,,784
212,',775
1,041 142
41 704
9. 169
797,357
662,523
3,836,720 2,876,222
167,593
96 742
13 ,065
382,923
455,273
8,,900
229,;)50
,212
2,091,138
844,177
109,301
20,,016
,808
262,697
293,998
195,718
1,496,070
383,424,
73,886
970,370
463,601
100,003
827.423
472,967
20,056
357.866
4,371
95,791
104,103
414,398
18,366
518,000 •5,896,997 4,693,302
138,599 3,849,708 2,694,681
15,338
4,744
108,919
49,037
. .
Mileage last year was 85 miles, against 147 miles now.
Excliange.— Foreign exchange has been moderately active
and rates quite strong. It is even thought that there may be
a small export of gold in the next two months. The leading
bankers are asking 4 86?^ for 60-days sterling and 4 89^ for
demand. On actual business rates are about 4 Sd% and 4 89.
Cable transfers are quoted 4 89/^.
The following were the rates of domestic exchange on New
York at the nntlermentioned cities to-day Savannah buying
3-16, selling 5-16 premium
Charleston buying % premium,
selling /4 premium
New Orleans commercial par, bank 250
premium St. Louis 50 per §1,000 premium Chicago par to
25 premium, and Boston 40c. discount.
Quotations for foreign exchange are as follows
—
:
—
;
;
—
;
—
;
:
M.vY 21.
65
39 12
182
188, 243
.
7818
4OI2
3338
300,867
1,338.907
139,735
293,194
647,807
716,886
393,088
306,497
616,609
44, 090
20: 121
14, 897
.
*
13 ,292
103 ioiJs
117,920
21,953
22,830
89,581
26,282
12,442
45,363
7,720
134,200
70,436
.
44}^
7254
"West. Un.Tel. «i)5« !U0.J< 97« 100
These are the prices bld.and asked
Canada
Rk.
.
27«
•14
8t.I.,.I.M.ASo.
4th wk Mar
S.May 1 to 1
& Nashv. 2d wk May
St. J.
Little
NewCent.Coal
34^ 36
March
S..& Gulf .4th wk Apr
Kans.C.L.'iw.(&8o.3d wk Apr.
442.360
262,234
31
426,5.50
Indiana Bl. & W. .1st wk May
Int. .fe Gt:. North. .2d wk May
6!
Mo.Kans.&T. 30« 31H 28K 30«
lOBX 107
Mor.& Essex..
68
Wash.Ch.iStL
68M
N.T.C.&H.K.
K.y.L.E.&W.
April
(Iowa). April
(111.)
20, 758
15 958
47 356
58,,565
.
Do
20
6«
'i%
& Mln .2(1 wk May
Illinois Ccu.
121
26
27H as
MBr..itC.lstpf.
&
W. Mich. .4th wk Apr
Cia. Sand, (fe Clev.March
Cln. (fe Bpringf. ..2d wk May
Clev. Col. Cin. .fe 1. 2d wk May
Clev. Mt.V.(k Del. April
Del..fe H.Can.. Pa. Div. .Mar..
108
»o;
prcf. •107 108
Chio.B.I.iP. •184 1»1
.
23,776
22,387
54,631
14,387
66,400
35,604
96,547
Denver & Rio Gr 2d wk May
41,700
Denv.S.P'k.fePac..\pril '
238,939
Det. Lans. & No. l.'(t wk May
20,044
Dubuque(feS.City.lst wk May
14,101
March
Eastern
238,950
FIint(fePpre Mar.lstwkMay
28,861
Gal. H.ar.i S.-m .-V.March
81,011
Grand Trunk. Wk. end. MaylS 198,613
Gr't Western. Wk. end. Mav 7
87,412
HauuibaUfcSt. Jo.2d wk May
41,863
Houst. i- Texas C. .March
237,745
Chic. St. P.
Cliic.
IB
ioo«:oor- BBU100
pref.
Latest eanUngs reported.
^Jan. 1 to latest date.
Week or Mo. 1880.
18 9.
1880.
1879.
April
Ches. ifeOhio
$221,409 $162 611 $845,187 $485,527
Cliicago (fe Alton .2d wk May 148,304
103 035 2,461,184 1,500,924
Chic. Burl. ..tQ... March
1.453,611 1,071 ,738 3,834,702 3,159,213
Chic.Cl.Dub.cS:M.4thwkApr
16,883
201.225
151,349
8 175
Chic, (fe East. 111. .2d wk May
26,960
13 ,119
286,045
384,138
Chie. Mll.(&St. P.2d wkMay 239,000
188 ,052 3,748,000 2,748,229
Chic, (t >'orthw.. April
1,276,552 l,128i 894 4,924,593 4,133.880
.
.May 20.
76
—
—
daily highest aud lowest prices have been aa follows:
Saturday Monday, Taesday, Wednesd. Thursday, Friday,
XXX.
[Vol.
5 20
5 20
5 20
Paris (francs)
Antwerp
(francs)
Swiss (francs)
Demand.
Days.
Si-xty
Prime bankers' sterling bills on London. 4 85%®4
Good bankers' and prime commercial.. 4 8412 84
Good coiuincrcial
4 82iaS4
Doeiuneutary commercial
4 8212S4
86i3
®5 18%
-as 1834
-015 1834
5 1818 S'5 16^8
5 18ie®5 1678
4014®
4038
Hamburg
94-'8®
95
95
95
95
Frankfort (rcichmarks)
947e3
947e®
Bremen (rcichmarks)
94 '8®
Berlin (rcichmarks)
8912
4:87i4®4 87%
4 85i4a4 85%
4 85i4®4 85%
5 18ie®5 le's
85
83
83
Amsterdam
(guilders)
(reichniarks)
®4
4 89
4018®
9538®
9538®
9538®
9538®
40=8
95=8
95=8
95=8
95=8
f
<.
—
Latest earnings reported.
^Jan. 1 to latest date.-^
lean
iqvq
»Q(ir(
..f.-«
18"80^
1878.
1880.
Ai^r-t Southern.
Q .V
1879.
Ala.Gt.
April
»15 344 $33,464 $199,801
,
Week
akorMn.
or Mo.
$133,651
94,436
321,426
254,685
133,389 2,277,500 1,738.629
Atl. & C'har.Au'-L..March
75.806
247.197
197,494
At. &Gt.West.... March....:
341,824 1,212,327
935,182
Atl. Miss. & Ohio.March
132,802
494,244
364,147
Bur C.Rap.&No..2d wk May
23,763
741,442
471,750
Burl.,fe Mo.R.in N.3d wk Apr.
40,861
659,521
518,254
Cairo & St. Louis. April ......
19,372
109,828
73,549
Canmla Southern M.irch
226.378 1.003,702
611,483
Carolina f >iitral March
45,987
140.138 ,_i29,278
129,278
central Paciiii:::A^u.:::::i,3?4:^,.^;»«j
Albauy
.fe
Susii
.
.ifarch
»^f'';^,'?J?*?-.*"«''**'''«'''Apr
.
.
.
.
117,030
172,500
78 910
438 841
175 420
30,6"8
49 123
31 625
409 189
47,242
.^of^-Ul
The following
are quotations
Sovereigns
$4 84 ®$4 87
Napoleons
3 84 ® 3 87
4 78
X X Rcichmarks. 4 74
3 90
3 95
X Guilders
Span'hDoubloons.15 70 ®15 95
Mex. Doubloons.. 15 55 ®15 65
Fine silver bars
1 I4I8® 1 1458
paroiU prem.
Fine gold bars
'.
.
& H dimes. — 99%®
Boston Banks—The
Dimes
in gold for various coins
Silver 14s and I2S.
99%®
Five francs
92 ®
—
—
—
par.
—
—
—
—
95
92
91 »
88
Do uncommerc'l. — 87 ®
English silver .... 4 76 ® 4 82
Prus. silv. thalerg.
70
68 ®
99i2
Trade dollars
9914®
Mexican
dollars..
—
—
New silver dollars — 99% ®
—
par.
par,
following are the totals of the Boston
banks for a series of weeks past
1880.
Agril 5..
Loans.
t
139,462,200
13-1,511,400
"
"
May
"
"
*
19!!
26..
3..
10..
IT..
137.-68,200
137.923.400
138,815.300
140,185.100
140,242,500
Specie.
L. Tenders.
"
»
I
4.8O5.10O
2,635,400
5.331,300
2.319,200
6,994,900
3,067,200
6,7.'»8.WI0
2,095,000
1,983,100
6,070,700
6,944.300
1,757.500
6,733,700
1,688,000
Other than Government and banks,
less
Agg.CHear.
Deposits*
Circulation.
"
*
50,8'.!7.900
51 ,887,600
62.671,100
53,863,400
54,217,800
64.400.100
56,151,300
31,145,200
31,2(U.20O
31,a21.900
31,223,900
81, 175,200
31,123.100
31,093,100
Clearing-Uouse checks.
*
69,027,777
69.610,799
68,606,917
62,108,728
63,053,381
66,194,525
04,342,000
May
THE CHRONIC Lt.
22, 1880.J
—
HOarON, PIIIL.1DBI<PH1A. Btc.-Uoadnaed.
New York City BanKs. The following statement shows
the condition of the issociated Banks of Xew York City for the
week ending at the commencement of business on May 15, 13S0.
Capital.
Circulaother
Tenders. than V. S.
tion.
Specie.
discounts.
a.000.000
0.155.000
2.118.000
655.000
9,055,000
Miinh:ittan Co...
2.050.00(1
8,1,55,»0(.
111.8(10
6.4'i7.400
MerchiintB
Mechunlcs'
2,000.000
2,000,000
1,200,000
8,000,000
1,000.000
1.000.000
1.000,000
7.183.1)00
3 17.400
5,901,100
Union
Phoenix
City
Trttdcsmon'd
Bulcliers'Al>r*'V.
Mechanics'
819.000
967.700
592.000
7,015,;100
4.;l(U.800
600.00(1
aoo.rjoo
1,(W7,1IKI
12.!)'.il,(HK>
3,OI'.i.8lK)
»,S57,500
4,168.500
1,447,300
60&.500
Tr.
1400.000
Greenwich
Louther Man'f rs
Seventh Ward...
200.000
0011,000
1,01!'.200
HflO.OOO
2.S 14.800
300.00C
008.800
State of N. Vork.
American Bxch..
SOO,0(K)
.'^.(MK).(MM)
Commerce
5.0(K).(X«1
1,000,000
3.3'.!0,000
13.150.1.0(1
I2.3;14.3(J0
5.'.J21.700
1,000,00(1
3.401.000
4'.42.700
2.1116.000
S.IOO.'iOO
3.2a9,H0(,
Jt
Mercantile
Piioiflc
Republic
1,500,0(X)
450,00(1
Chatham
People's
...
412..'i(KI
North America..
Bhoe & Leather..
Corn Exchange..
700.000
1,000,000
500,000
3,000.000
600,000
1,000.000
500,000
500,000
500,000
1,000.000
Continental
1,000,0(10
,.
IrrlnR
Metropolitan
....
Citizens'
Nassau
Market
Nicholas
Oriental
Marine
Importers*
Tr..
1,5(X).00(,
Park
Mech. BkK. Ass'n
North River
2,000,000
500,000
210,000
250,000
3,200,000
2,000,000
300,000
3t
East Kiver
Fourth .Vatlonal.
Central Nat
Second Nation '1.
Ninth National..
First National..
Third National
N. Y. Nat. Kxch..
Chase National..
Fifth Avenue....
Total
21.400
223,,'SOO
iso.iou
3Ji37.300
3.485.100
1.261.500
4.''j0,0i)O
450,000
4,600
5.109.()0(.
1..351, OIK)
2.9 J8 00(.
769.9,)0
Csmden
1.103,7(.0
529.8.MJ
137.100
30.300
103.100
3.256,000
45,200
141.800
92.800
1.198.200
730.000
436.000
510.400
489.600
594.400
640,800
887.200
219,000
2.R86.500
1,972,200
307,700
225.0JO
7.003.00(1
1,491,000
3.:2».U00
4.811.300
13.169.000
7.654.300
107.500'
935.500
292.000
1. 130.000
877,400
1,493,700
lI0,iSO0
1,893,100
186.500
2.918,900
1,577,000
55,500]
45,('00
315.1100
810,(,00
450,000
800,000
270,000
224,600
180,000
244,800
.
Dec.
74,500
Specie.
11.... 288, 701,800
18.... 287,505,500
3
242.087.100
23.748.600
246,1)95,600
23.,sla.900
Phlla.Wllmlng. & Baltimore.
Pittsburg Tltusv. ft Buff
,.,,
1*H
t.o
ft Duluth R.U, Com
do pref. 57
do
160«
United N. J Companies
pref....
32
84
30
Chesapeake ft Delaware
Delaware Division
Lehigh Navigation
Morns
do
,
21.)lS;i.200
21,500.000
7'20,97s,l;il)
fts:i:4o3 ;i,j7
Cam.
21,'iS2,200
71)3,314.111
7'25.419.8.'-,5
1'4,1S0.KX)
27I.4.S:(,400
11.652.400
11.553.100
21.174.000
21.002.100
20,967.100
264.538.'i00
n.soo
1I,272,0(X)
280,310,.5()0
chat. m. ,10s, "88 ..
do
new78 19(W
do
117H
Connecting 6s. 1900-1904
Chartlera Val., 1st m. 78,C., 1901
Delaware mort., 6s, various. .
54,
•--
270.381,000
21,662.1)00
743.1'i5.031
772 270
Cam,
21..')'iO.!K)0
20.1)75,800
20.1)05.200
20,1181,600
827.801.841
748.481, SOI
644.4.W.W17
71,019.1170
849,8)7.403
7'20.947.SJ6
697.4;i5.05l
790.386 '5(\i
807.632,049
list.
BOSTON. PIIILAUELPUIA AND OTHER CITIES.
Bid. Ask.
Bid. Ask.
SaCtTBITIKS.
Old Colony, 7«
UM Colony, «8
land grant 7s
do
do
2d 7s
do
land Inc. 3s..
Boston & Maine 78
i»oston A Albany 78
68
do
Boston * Lowell 78
do
68
Boston A Providence 7s
116
117
69,l8t mort
Vermont & Canada, new
Vermont <> Mass. KB., 6a
& Topeka
121
114X
do
Nebr. esEx
107)i 108
do
Nebr. 68
Conn. & Passumpslc. 7k, 189i. i:o
Eastern, Mafls., 4)^8, new, ... »2X
6s
78
Fort Scott 4 Gulf 7b
io"7
Hartford 4 Erie 78
87% Ss
Kan. City Top.* W, 78, 1st
'^'^
do
do
78, Inc.. "so
K. City Lawrence & So. 49...
Kaa. CIty.St. Jo.&C.B.ls.
iS« ii'i'H
Kan. I Itr St. .lo. & 0. B.. In.
Little li't * Ft. Smith. 7s,Ut 97
08
New Vorls& NewEne. is.... 109
.
99
123
80
145
9:
ii's
Ch.Ss...
lio
Boston A Albany
Boston &Lowel:
105
132
Boston A Providence
Burlington ft Mo. In Neb.
Cheshire preferred
Chic. Clinton Dub. & MIn....
Cln. Sandusky 4 Clev
125
una
.
I as
142
72')^
ii
Concord
Connecticut River
•61
Conn. & Passumpslc
•28
Eastern (Mass.)
Eastern (New Hampshire}... 81
Kltchburg
182
Fort ScoLtft Gulf, prrferreo
do
common,
K. C. Law.i Southern
K. C.St. Jo. 4 Council i-lalls 6(1
Little Rock ft Fort Smith
34
. .
conv.,
11><
93
111
89
'o2.
2
1
m,
78, reg., 1910.
.
Oil
Plttsb. Tttusy.
ft B., 7s, cp.,'96
Scrip
do
P8.ft N.Y.C. ft RR. 78.1896.... .^,
do
1906 ....|125!<
Pennsylv., Utm., 6s, cp., "80.. 103)i
gen. m.6s,cp.. 1910.1110
do
do
gen. m. 6s, rg., 1910. 117
cons. m, 69, rg.. 1905,
do
cons. m. 68. cp.. 1905.
do
do
Navy Yard 6a, rg.'Sl
Penn. Co ,69, reg
Perklomen 1st m.6s,coup.,*9t 90
Phlla.*Krle 1st m.6s, cp.,'8'. 101 j.
do
2d m. 7«. cp.,'38
Phi a. Newfc ft N.T.. Ist m.
Phlla. ft Kead. 1st m. 68, °43-'44
mX
do
do
81
'75
105X
126H
Ist m. 68, cp.,'85.i 108
2dm.7s,cp.. '96. 11»H
do
do gen. m.78,cp., 1903.1116
do gen.m.78,reg.,19tf» 118
Creek Ist m. 7s, coup.,'8J.
do
2dm.,7B,
88
•
In defanlt.
84>i
^
Con, to Jan..
t
'4S-.49.
cp.,9.i.
Per share.
'77,
funtted.
8s, sd,
A
121
123
120
I20H 123
112
lie
112W
118
118
1(9
ISO
190H
120
iia
8?*
e
40
40^
107
:i08
114^ ti4M
lOH
li3
lis
99
120
100
108
115
liii
107>»IHI»«
73
i?»*
.
N
am
J.ftJ
!st,gnar.,J,ft J., 108
CanioB endorsed. 108
CINCINNATI.
68,
long
t!
Ham.
ft
D. cons.ei, 19 5
(-
78. 1909 +
Is, 'tnr
Cln. Uain. ft Ind., 7s, guar, .1
i
Cln. ftrindlanalstm. IS
do
2d m. 78, '77..'!
Colum. ft Xenla, let m. 78, -90
Dayton ft Mich. IBt m. 78. '8M
,
2am.
197
115
1I7H
118
xiaa
107>« 108
lUT
IM
no
130
lUSM 10«
no
103
100
iS*^ 108X
lOS
101
2dm.78,'84.+ 108
do
3d m. 78, 'SS-I 108
do
Oajtonft WeBt.l8tm.,'d>...1
ist m., 1905,1
do
lstm.es, 1901 tlOl
do
Ind. Cln.
,'82
North. Penn.
K. ft
•92,
id, hl.ft
do
do
con.m., 69,rg.,19^ 114
do
6s,<'p.,19^3
m,78
US
119
do
Cln.
. . .
do
do
do
Cln. 7s,
if^
S?
I
7-808,
do
South. RR. 7'90s
do
do 68, gold, t
do
Hamilton Co., O., <s. long., .t
7s, I to 9 yrB..t
ao
7ft7'30s,long.1
do
CIn.ft Cov. Bridge st'k, pref.
80
Harrlsburg Ist mor>. 69, '33.. .|
H. ft B. T. 1st m. "8, gold, '90. 115
Ist m. 7a, Id. g.'S9 ...
do
2d m. 78, gold, '95. 108
do
'id m. 1 '.scrip g., 78
do
3d m. cons. 78,^95*.
do
Ithacaft Athens iBt g d, :>.,'«>
Junction Ist mort. 69, '82.
do
2d mott. 6s, 1900
Lehigh Valley, l8t,68,cp.. 1 _
do reg., 1898,,, 118
do
115
UnlonHR.
•
Ibt m.,78,'80.
Ss.pcrp
do
ft
Cincinnati
.
.
E1.& W'msport,
Ss,
..
cur. 7i, lc7))..
Burlington Co.68,'97.
Little Schuylkill, ist
STOCKS.
Atchleon
m
Ist, Ts,
IM
112
119
6s, gli),190U, JftJ, lOxVs'lia
68, iBt Bl.,'90,M.ft 8. I08)i 110
-- 113
^JJQ
do
do
Del. ft Bound Br.,lst,78.190!i 116
East Penn, 18t inort. 78, '88
109J4
Kntland
113
ft
Mar.
m.
2«l
Catawlssa
118«
Omaha & 8. Western, 8s ....
Pueblo * Ark. Valley, 78
ft
do
sir,-,
,
810.771..S11S
the
do
do
!13«
lOKi
—
m.
101
105
69,coup.,'89 107HS
!li:j4
raort.6B,'39
7s, g., 1=93
Atl.lst
3d
do
no
Its
no
100
105
106 >4 108
109
lis
,
W. Md. 6s. Ist m., gr.,'90,J.ftJ.
do Ist m., 1890, J. ft J...
do 2d m., guar., J.ft J
do 2dm., pref
do ,!dm..gr.by W.Co.JftJ
do 68. 3(1 in,, guar., J.ft J
Inc, 7b, end., '91
do
'Belvldere Dela. 1st m.,6a,190.i.
68. '8.1
69, 'i7
108
111
108
.
N. W. Va. 3d iu..guar.,'89,jftj
Plttsb.ft Conneir8V.78,'9tl,JftJ
Cen. Ohio
.
2d m.
toew
Northern Central 6s, '85, jftj 107nill0
do
113
68, 1900, A.ftO. 110
BAILBOAD BONDS.
Camden ftAmboy 68,conp,'S3
895.011025
,
-
305,
31
Bait, ft Ohio «B, IStiO, J.ftJ. .
do
6s, 18(S,A.ftO.
lie
Allegheny Val.. 7 S-lOs, 1396.
78, E.cit.,1910
do
rio
....
36
12
pref...
prtf
Pittsburg ft Connellavllle..90
itAILBOAD BONDS.
pref
do
Susquehanna
Ist
do
2d prtf
do
Wash. Branch. lOO
Parkersb'gBr.SU
do
Northern Central
90
90
Western Maryland
90
Central Ohio
.
do
ia«M
lOU 146
Uii Balt.ftOhlo....
pref.
do
100
110
BAILBOAD STOCKS. Par.
Paul
604.197.943
657.«»5 '^OO
7S7.72S.19S
"1
A Lake
4«X
51W
2(U,104.2IH)
2)!7,12s,ioo
271,H0!,IH)0
& Tcpcka Ist m. 78
Ogdeoaburg
"23
54>t
21,»:1.-),1)(M)
riOSTON.
do
55*
"•;,•
I'ennBylvanla
Phlla)Ielphla* Erie
Pnlladelplila ft Reading
Philadelphia ft Trenton
It,
8S
lOSM
<8, boatftcar,rg.,l):8
7s, boatftcar,rg.,19,.1
.
'25,3,731.000
2.57.483.7(KJ
271.012.800
do
do
Marvlaud Bs, defense, J.ft J.,
do
6a, exempt, 1887,..
do
<>, 1890, quarterly..
Sa. quarterly
do
Baltimore ta, iSSl, quart
do 68,1886, J.ft J
do 6s, 1890, quarterly...
do «s,park,1890,(i.-M.
do 6b, 1893, M. ft S
00 68,exeinpt,*M,M.ftS
do 68, 1900, Q -J
do 68, ItOi, .T.ft J
do ^r, 19.6, new
Norfolk water. 88
50K
102
942,022,768
666.418,518
586,014,073
ft Dela Ist 68, rg./se
Delaware Division ts, cp.,*!!
Lehigh Navlga, m.,>s, reg.,'8«
do mort. KR., rg ,'97
do m. co[iv. g., rt-g.,'in
do mort. gold.'i^
do cons, in.78, rg.,l91!
Morris, boat loan, reg,, 188.1..
Pennsylvania 6s, cottp,, 1910..
Scbuylk. Nav.lst m.6B.rg.,'97.
do
2d m. 6«, reg., 1W7
BALTimOUB.
2,i9,67.J.9lHl
BUTUBITIKS.
FUchborg KK.,
iilnehlll
Pennsylvania
850.846.848
»H
Snsqnehannafls. coDp.. 19.6.*
.NeBquehonlng Valley
SorrlBtown
Sonh Pennsylvania
Schuylkill Navigation
7-22.li03.3n9
m
do
eons, m.,6tjt.,t9U>
do
Incftl.gr ,78 191i
Union ft Tliusv. Ist m. 7s, '9C.
United M.J. cons. m. 6s, '94.
Warren ft F. 1st in.7s,'»«
lOlfi
WestChestercons. 78,'9i. .. 115
WestJersey 6c. deb., coup.. '<-:
lOS
do
181 m. >«, cp., '9<
uo
do
1st in.7B, 'W
do
con'. 88, 190J ...
Western Penn. UK. 68,i:p.:89!
lOS
do
Is P. B.,'9« 109
OAICAI, BONDS.
.
865.862.857
772,150,134
77».9,\5,8I7
l<rra.Uen.ft Corn'/,l>t,;t,|«oG
'rexas ft Pao. Ist
,6b, citot
49M
Delaware ft
East Pennsylvania
Elmlra ft Vi UlianiBport.. ...
pref..
do •
do
Har P. Mt. Joy* Lancaster.
Huntingdon ft Broad Top...
do pref.
do
Lehigh Valley...
Little ScbuylKUl
781.277,7'28
870.01)2.059
uoo
IN
M
Bound Brook...,
12,723.500
14,097,800
15,914,200
17.143.500
18,586.000
16,437,900
10,086,000
15,505,500
14.168.000
5:1.860.800 10,847,500 25»,;lO)t,.SOO
5'2.023,600 11,9;»,900 2,36.267,800
'20,987,1)00
.50.050.800 13,866,000 2,53,51 9,.son 2O.S13,0))O
24..
48.988.800 15,432,100 248,8U6.71X) 2l',612.S00
.•_'-. .,4.ii,..ii«)
232..572,'2l)0
1..
49.406,500 17,014,000
'20.)U6,'200
.28l,l:f7.7llO 53.391.500 17.257.100 2.5.8.:123.000 20.57'2.9(K)
8.
1 5 ... .278,571,200
58,278,000 10,229,300 261,075,900 20,4118.400
QUOTATIONS
747.278.535
741.448.440
798,960,746
25
84
14
Caiawlssa.
pref.....
do
new pref
do
48.282.100
51,473,500
53,558,600
51.832.200
50.312.800
52,994,600
51,746,500
59,887,200
57.4:3.300
58.055.000
57.&27,900
55.440.100
.2«0,6:i9..i00
^,471
27
CANAL STOCKS.
L. Tenders. Deposits. Circulation. Akr. Clear.
20,149,100 38,09.3.500 231.920.700 21.032.400
22,668,300 38,4:18,500 2,32,780,500 22.().s0.10l)
26,888,600 33,097,700 2:12,805.300 a2,2S»,>-00
27,682,800 80,151,700 231,668.00" '22,448.700
29.875.300 28.615,900 2:14.412.000 22.600.500
33.823.800 23,486.900 231,927.700 22.341,500
42.092.800 22.505,800 2:J9,2Ol.'20O 22,475,700
50.006.700 18.9.85,'2IK) 250,'297,3O0 22.550,400
52.310.700 18,771,700 247,195,500 23,oal,HOIi
54,771,000 14,673,200 247.o:«l.loo 23.'i:-|5.1()0
54.069.400 13.40:1,900 247,559,'JOO 23, 16:i.,s00
50,84'i,900 1'2,543,400 246,118,600 2;i,6.")l,900
48,038,200 12,089,700 242,062,200 23,732,900
..
pre?
do
Bteubenv. ft Ind. Ist.ts, IHM. lot
Stony Creek Ist in. 7a iwn...
Snob. II»z, ft W.,tst m.Js.'il
Sanburyft Erie lit m.7s, Yl.,
Chesap.
18S
Atlantic
ft
West Chester consol.
WestJersey
i
Note.— With December 27 the Grocers' Bank disappeared from
Atch.
180,000
743.-2()0
15,5:)1.7()0
Circulation
City 6«, coupon
78, reg, ft coup,
do
ao
I0,2-2e,300 281,075,900 a),4»8,400
I
78,Wt'rln,rg.*cn. Iti>i
00 78, itr.linp.. rea:.,'83-86. 106
N.Jersey 68, reg. and coup...
exempt, rg. ft coup.
do
Camden County 68, coop
1.999.200
3.665.700
2.527,800
16.477.60(,
187
lOS
4s, coup., 1913....
58, reg. ft cp., WIS.
68, gold. reg... ...
Delaware 6b, coupon
HarrlBbnrg City 68, coupon
BAILROAD 8T0CK9.1
19,339.100
615,600
8.483.500
1,508,100
r.7.000
82,000
15,700
876,500
552.200
>8,
do
do 68,n..rg.,prlorto'»?
do es,u.,rg.,13Mlft over
v.irlou»
Is,
do
Allegheny County 9s, coup.
Allegheny City 78, reif,....,
443,501)
143.000
709.700
PUU.CIn.ftSt. L.
old, reg
2,014.8(K)
do mort., 7s, 18«.J.....
Wllm. ft Bait. <•,»< ...
7t, cou.. tax
do
do
7>, reg., 191 118
Shamokin V,ft Potuv.Ts, 1901 ia»
Phlla.
do 58, car.,reg
do 5»,reg., l'!8.-139'2
do S8,new.reg.,lin^l«lJ 114H
do «s, 10-15, reg.,I'77-'K! 10m
do U. l!l-'», reg., I882-'1«. 108W 109
do «8, In. Plsne, reg.,197»
PUlMelphla,58reg
Camden
.
Ptail.ftli.Coolftlron iIeo.7B.>«
do
deb. 7s. cps.oll
I
STATE iND CITV BONDS.
lo
Jo
„
am IIS
06
PHILADELPHIA.
do
M
W
.
lis
WorcAterft Nashua
800.000
411,000
45.000
269,5 )0
3.900
1,»0)).S)0
1,2.82.000
360.01 Kl
1,125,000
132.000
5,400
1,1)20.000
2.512.01)0
IWM
>
liuUand, preferred
Vermont ft Massachusetts.
Bid.
,
pref..
Old Colony
Portland Baco ft Porumonth
PulUna Palace Car
Pueblo ft Arkansas
7,246.600
2.418,100
10,861.000
i.r^s.ooo
2.039,300
4.447.400
6;).H.('oi)
2.726.000
4.207.600
11.700.000
7.881, BOO
1,304.700
1.450.800
1.812,200
2.145.800
2.888.500
1.815.900
Inc.
Inc.
'4. ...268.364,300
10..
17..
Maf
l,l'i4,8iK>
4;)4,SOO
8.37».00(i
England...
Northern of New Hampshire
187
Norwich ft Worcester.
(jgdeub.ftL. Champlain ...
Pittsburg
2.013.50(J
following are the totals for a series of weeks past:
25 ...289,433,300
Not. 1.... 271. 238.600
8. ...270.076.800
••
15. ...268.5,38.800
••
22. ...276.194.400
••
29.... 273.4 JO.900
Dec. 6. ...273,101, 100
" 13 ... .275.750.100
" 20.... 278.098, 100
" 27.,.. 277,584,200
1880.
Jan. 3.... 276.706.200
10. ...278.116,100
" 17.... 278.990,900
" 24.... 280.068.600
" 31.... 283. 194.500
Feb. 7. .. .290.381 ,800
" 14.... 290,445.200
" SI.... 200,091 ,200
•'
28.... 293.545.600
Mar. .0.... 297.185,500
••
18.... 297.256.900
" 20....291.4('7,400
^*... .290.806.700
April
900.000
179.100
|
Loans.
"
l.lon.7)K)
4.066.200
8.195.200
:
The
"
tlt.-ra.lKH
10.:t80.T(M)
2.781.9()(j
deviations from returns of previous week are as follows
Dec. f2,563.500 Net deposits
Inc 12,752.900
Leital tenders
"
058.0110
07"),l)00
15.aOI.300
709,'.iOO
262.800
316.500
217.800
236.200
S7,ll)(l
80.600
75,100
1U4.000
83.000
222.000
BcmsiTiaB.
Kead. deben., cp., 'nr
do
do
CDS. oft. ...
do
scrip, UUB.
..
85M
do
In. m.7a,ep,UM
do eona. m. Is, cp.,l9ll„
110
do oons. m. 7s, rg .,l9:i..
do coaB.mJ8.«.r.l«II.
ro fcen. m.6i, 1904
do Inip. m.i.g., 1M7,,
ao conv. is. t()9ci*
do
7s, coup, off, "W
Phil, ft
Penna. Ss, g'd, lnt.,reg. or cp.
674,500
1.145,200
143,30«,
141.701)
60,475,200 278,574.200
LfOans and discounts
Specie
Oct.
233,500
137.600
471.000
020.000
832.200
987.300
SOO.OOO
250,000
200.000
750.000
300,000
100,000
Bowery National
2.233.0(K)
2,«»y.00(l
17.4-i8,100
14,106.50(1
750,0(XI
N. York County..
Germ'n Amerlc'n
The
2.087,001)
11,155.000
1,673.000
2.231,000
2.512.MO0
2.210,000
3,553.400
3.040. loo
6.088.600
1.510,400
79;i,600
971.000
986.70O
2.146.300
889. KKI
260,800
134.900
109,000
080,200
323,700
801.000
255.500
140.0(K)
537,000
1.234.00)1
204,701!
1,226 600
*(6.«00
«,829.O0()
1,277,800
12,017,800
3,207,800
2,512.000
23S,10()
H24.2()0
717.800
53.600
1,100
260,000
180.000
2.700
475,400
37.500
630.000
450.000
760,O0(J
2.401.000
5.295.400
699.400
420.500
253.400
8,593.100
5.845.200
1,810,80(1
202.'<iOO
p
8,24-2,«0()
«85,000
400
Oei.ioo
44.500
9,581,500
402.700
220.000
150,300
5U,900
174,000
265.900
103,000
21.400
812,000
70.300
1.337.:!0(l
2,102.«(j(;
500,000
1,000,000
.
574,401
7.381.800
800.000
400,000
843,000
in.fAXI
423,100
(W.OOO
152,000
84.800
2U 1
1,000,000
1.000,000
300.000
FuRon
Gallatin .VaticnM
4.3U2.500
8.727.400
8.207.000
,OIHt
.'17.31)11
Chemlcul
Merch'nts' Exeli.
».6ll3.(KX)
1.76)1.100
1.0U9.M)(;
661.1100
3.05:1.4110
Bid.
do
$
New York
St.
Sew York ft New
Net depc's
Loans and
• XOITBITIBS.
Manchester ft Lawrence..,,
Naehuaft Lowell
IIIW
Average amount of
Baoka.
539
ft
Laf. I8tm.78....t 100
do (I.ftc.) lBtm.78,'*!* 105
+ lO'.'Si
Miami 68, '83
Cln. Horn, ft Dayton stock..
70
1'25
Columbus ft Xenla stock
Dayton ft Michigan stock
53
54
do
8. p.c. st'k.goar 119
ISO
Little
H8H
Little -Miami
stock
121
LOUISVILLB.
Louisville 7s
do
do
do
do
do
do
is, '82 to "87
108
*
Cb,-*? 10*99
US
10«M 10a
t lOiT
water(B,'S7to'89.4 104
108
108
108
water slock 6b,'97.1
1
wharf 6s
:04tt 108
Bpec'ltax««of '89.1 tOM 108
19o;
10^ 108X
Lonlavllle. Water (s. Ce.
105« JeO. M.ftl.lstm. (IftM) 7k.'81 100 101
Ill07« 108
do
2dm. .7a ...
t 114!i 115
1st m.,7a, 1906
do
.
Lonlsv.C.ft Lex. 1st m.78.'97» 115
nsM
Louls.ft Fr'k.,LoulsT.ln,6«,'8'
lOSK Loulsv,
ft
Nashville—
.„
t [05
Leb. Br.
1st m.Leb.ilr. Ex.78. 'SO-ffi.* 108
6s. '93. .t 109
do
Lou. In.
ta, "86
Jefferson Mad. ft Ind, stock. ,1U8
•I"
t And latere It.
108
108
108
105
IHE (.HRU^K^LE.
540
XXi.
Vol.
QUOTATION B OF STOCKS ANP BONDS IN NEW YORK.
Bonds and aUive Railroad
U. S.
Prices represent the per cent value, whatever the par
Stocks are quoted on a previous page.
may
be.
STATE BONDS.
.
.
Class A, 2 to 5, small
Class B. 5s
Class C, 2 to 5
Arkansiis— (5s. funded
78. 1-. Kock & V%. Scott Iss.
.
L. Hook
7«, Memo.
p. B.
N. O. KK.
7b, L.
7s. Miss. (). & R. R. IIU...
KU.
Arkansjis
Central
78.
&
K
KB
*
78.
78.
7s.
new
SECrBITIES.
Bid.
flO
Louisiana— 7s, consolidated
45
43
80
BH
15
5
IKI
MIciilsan—Os, 1883
—
H
68,
8s,
...
....
l(i;i
llUnois—Os.coupon, 18TO...
1(1(1
I
New York- 88,
(Aclire rrreriouili/ Quoted.)
105
»4U
.
&
Pittsburg, guar....
Dubuque & Sioux City
Clev.
Kninlcfurt&
Kokomo
84
—
Ind Bloom- & Western....
Intern'l & Gt. Northern
Keokuk & Des Moines
120
112
124
lis
80
68
Int.
do
do
pref.
do
do
Stoningt.on
Terre Haute
Texas &
TVilcdcj
Ogd...
Del, Lack.
i-^0
Morris A
Warsaw..
United N. J. RK. 4 Canal ..
Miscellaiu'ons St'ks.
111
113
55>i 57
Americiin Express
United States Express
Wells, Fargo A Co
American Coal
Boston I,,iind Company
Boston Water Power
Canton Co., Baltimore
Caribou Consol. Mining
Central Arizona Mining
Central N. .I.Land Imp
43H
lOTJi 108
,115
idsk
m
Income, Ts
l8t m., Carondelet Br.
.
,.
1
RAILROADS.
llIOM,
ll'2u!
IITM'
.
.^d
I.
C.
1st
con
2d
Indianap.tt
127
118
120
120
118«i 114
90'
90
103
100
75
15
I
ed"l
.
*.... ISO
1
00
"91^
100
lOB
106
95
no
no
81
20
92
no
100
lOS
85
85
88
80
107
53
18
.N.Y.AGreenw. L.— lst,7s, n.
do
2d
N.Y. A Oswego Mid.— Stock
C^onvertible bonds
SH
3)f.
84)4
22
84
70
35
,*t
.
:oi
107
103
ids"
30
105
Vine— l8t,7s, gr
2d con...
do V
.....120
81
do Ist Tr't Co.ctfs.nss.
SOH 809si N. J. Midland— 1st, 78, gold.
R. Grande— lst,1900
99H m%
Denv.A
do
suppl.
do
Cllmtix Mining
2d mort
Erie— 1st mort., extended.
ass.
do 2d
do
Colorado Coal & Iron
New Jersey So.— Is*,, 8s, new
loejii
1919.
lis"
lis
ext'n
5s.
....
2d mortg..
St.L. Va.AT.H., Ist g.7s.'07
Consolidation Coal of Md..
Pacific— Istm.
80
St. Joseph
.... 107
raoi-tgage, 7s, 1883...
7s. 1898 S95
3d
do
2d
Cumberland Coal A Iron
2d mortgage
102 h02H
4th mortgage, 7s, 1880
do
8d gtd.7s, -08 il02^ iiis'
Dead wood Mining
iI5
St. Jo. A Western stock
5th moi-tgage. 7s. 1888 ...
Phll.&Read.Excelsior Mining
il5
119 ;ii«5ii
St.L.A S.E.— Cons., 78, g.,'94
1st cons, gold 78. 1920
Cons. coup. Os
Gold A Stock Telegraph.
St.L.Vandalla,t T.H.— Istm
Long Dock bonds
Registered Os. 1911
Homestake Mining
2d mortgage, guar
Buff. N.Y.A E, 1st m., 1918 121
...I
Coupon
7s. 1911
La Plata Mining
South Side (L. 1.)— 1st mort
S4Mi
N.Y.L.E.AW.,n.2d,con..68
Registered 7s, 191 1
Leadville Mining
South Minn.— 1st m.. 7s, '88.
1st. con., f, cp.,7s
c
do
Os. "99
Improvem't,
coup.,
Ijttle Pittsburg Sllnlng ...
1st mortgage, 7s (pink)
do 2d,con.,f.cp...58.0? 827<i ::::
General, coup., 6s, 1908..
Mariposa L*d A Mining Co..
Extension
10»*i'l(,7
Han. A St. Jos.— 88, conv
do
do
7s. 1908...
do
do pref.
Union A Logansjiort- 78
Hous.A Tex. C— l8t, m. I.,78 io8>«,no
Inc. mort.. coup., 7s, 181i6.
Maryland Coal
U. Pac— South Branch
ist mort.. West. Dlv., 7s..
....;107K|
Deb. mort., coup., fls, 1893
Montauk Gas Coal
1st mnrt., Waco A N., 78.
" 'il()9Hl Deb. mort., conv,, 7s, 1893
N.Y.&StraitsvlllcCoalAlron
56% ISontliern Securities.
2d C, Main line. 8s
Rome Wat. A Og.— Con. 1st.
Ontario Silver Mining
»i
114
ad Waco AN.. 88
I, A Iron Mount'n— 1st m
{Brokern^ f^uotntionft.}
Oregon Railway & Nav. Co. illO
I 96!^ St. mortgage
99
Inc. and ind'y. 7s
2d
Pennsylvania Coal
195
STATES.
Ill.Cent.-Dub. ASloux Cist
....;los
ium 105
Arkansas Br.. 1st mort.
Pullman Palace Car
1111
N.
Carolina.— New 4s
Dub. A Sioux C .2d dlv... llOfil ....
Cairo A Fulton, 1st niorf
105H 108
Quicksilver
10
So.(?arollna— Con., fls (good)
...
101
Cedar
F. A Minn., 1st m.. 108
Ark.
mort.
Cairo
A
T..
1st
103K
do
pref
54
Imp't. cons
Ind. Bl'm A W.— 1st. pref. 7s 118!^!l17
St. L. Alton ,t T. H.— 1st m.
Silver aiff Mining
54>«
72
Texas-6s. 1892
M.-tS.
1st mort., 7s. 1900
tiio
...
2d mortgage, pref
btandaraCons. Gold Mining
20
7s, gold, 1892-1910 .J. A J.
2d moi-t., 1909,
85
91
fOM ....
do
income
98
J.A J.
99
7s. gold, 1904
Ind's Decatur A Sp'd
p'd 1st 78
118
Belleville A So. III.. Ist m.
Railroad Bonds.
98
Virginia— New 10-408
No
1st 6s,gld.
ist{
98^ St. P.& Sioux C— Ist 83.1919 idiji 102
Int. AGt.
A Gt. North.
stock E'xchnnge Priceft.
Lake Shore
no
}*ast-(fv€ Coupons.
St. P. M. A .Manlfa— 1st, 78.
Bait. A O.— 1st 8s.Prk.b.l019 107
Mich S. A N. Ind., s. f., 78. I07«;i09
Tennesasee State coupons.
2d mort.. fls. 1909
Bost. II. AErie- Istm
38^i
Cleve. A Tol., sink. fund., t...,'112
South Carolina consol
Tol.Peo.AW.1st mort.. guar
new bonds. '»106
..
do
Virginia coupons
Pur. Com. rec'pts, lst,E.D 127
Bur. Ced.R.,t North.— l8t.5s( 91
114",^ 110
Cleve. P'vllle A Ash.. 7s
128
consol. coupons...
do
ist mortgage, W. D
Minn. A St. L.. 1st. 7s. guar t]07
Buffalo A Erie, new bds.. .ill7
.,
RAILROADS.
Burlingttui Div
Iowa City A We.st'n.lst 7s tl07
Buffalo
State
Line,
7s..
A
mtirt.
ist pref. inc. for 2d
Ala.AChut.— Rec'rs ctfs.var
97"
Central Iowa, 1st m.7s. 18W9
B«
Kal'zoo A W. Pigeon, 1st.
!113
1st pref. inc. for consol ..
Atlantic A Gulf—Consol
Chesap.A O.— Pur. m"y fundi 100
..
Det.Mon.AT.,l8t.7s.'1908l
.... Wabash RR.Cent. Georgia—Cons, m., 7s
88, gold, series B, int. def.|
63
Lake Shore Dlv. bonds... illo
Mortg. 73 of '79
Stock
37'
68, currency, int. deferred;
38
do
cons. coup.. 1st i23'4.i2^
Jlio
T.AWab..lst e.xt.7s
Charl'te Col.A A.— Cons., 7s
Chicago A Alton— Ist mort.l 120
do
cons. reg.. Ist.., ""''"-•"
120i^ lai
Ist St. L. div.7s,ex mat.cp. 104
2d mortgage. 78
Income
do
cons, coup., 2d. .17H
...
09
2d mortgage ext.. ex coup
East Tenn. A Georgia—Os.
Sinking fund
j 107
.... 118
do
cons, reg., 2d
40
Equipment bonds, 7s, 1888 30
E.Tenn. A Va.—Os.end.Tenn
109"
JoUet & Chicago, 1st m ...
Loulsv. A Nash.- Cons.m.,78 1189«n4H
95;< 98>4 E. Tenn. Va. A Ga. — Ist, 7s.
Consol. conv.. 7s
Louls'aAMo., Istm. .guar tn3
2d m()rt., 7s, gold
109
102;,i 1(15
Gt. Western. 1st m., ex-cp 108
Stock
dp
2d 78, 1900. JlOO
_
Cecllian Brunch, 78
!110^
do 2d ra..7s.'93.ex cp
88X: 99;* Georgia RR.— 78
Bt. L.Jack. A Chic. 1
110
Nashv. A Decatur. 1st, '7s. llOi,
Q. A Tol., 1st, 7s, '90,ex cp.
.'1()3'
Miss.Rlv. Bridge. l8t, 8. 1,6s
.'I-'- BrieA West.-lst6s,1019
9S
99
Ill.ASo. la.. 1st ni.7s.e.x cp
Stock.'.'.'.'.'.'.'.'!!!!!!!!!!!!!!!
Chic. Bur. & Q.— 8 P.O., Ist m i,A. .,i,,-.,
I'af Bl A Mun.-lsi 6s. 1019,
97
Hannibal A Naples. 1st 7s
}l",6
Greenville A Col.— 78, 1st m.
Consol. mort., 7s
122)4, 123)^, Manhattan Beach Co. 7s, '99
.'l(i2'
107
St.L. K.C A N.R. E.A R.,7s
7s, guar
Ss, sinking fund
N.Y.
,tMan.
Beach
l8t7s,'0' r no5 jllO
no Macon A Aug.— 2d, endors.
Omaha Div.. 1st mort., 78
Chic. Rk. I. A P.-6S, cp.,I917
Marietta A Cln.— 1st mort..
95
1109
t
Clarindab..8s. 1919
Mem phis A Cha'ston- lst,7s
68,1917, registered
....1118
1st mort.. sterling
lOOM
St.Chas.B'dge.lst.
7s.
1908
2d. 7s
Keok.A Des M., 1st, g., 5s.
96
98M Metropolit'n Elev— 1st, 1908 lOlM loiji
North Missouri. Ist m., 78
Stock
Central of N. J.— 1st m., '90. iisk; .... Mich.
Cent.— Cons., 7s, 1902 117J«I18*; West. Un. Tel.-1«00, coup. 113 ll4)i Mississippi Cent —Istm., 7s
Ist consolidated
Istmort.,8s, 1882, s.f
I08>,; :08Hj,'
114
113
1900. registered
2dmort.,8B
i/i.;;; ,nii;
do
assented. JOBJi
I03j;
Equipment
bonds
W.WttrksSpring.V'v
1st 6s
Miss. A Tenn.— 1st m., 8s, A
Convertible
108?< 109!i Oregon R. A Niiv.-l.st. 88..
iis'
1st mortgage, 8s, B
93H
do
assented
102>i idsjj; Mo*k.AT;-cWs\aMV.i904.^rio? ']0-4i:
I.NCIi.MK WINDS.
N. O. A Jacks.— Istm., 88. ,.
Adjustment, 1908
105}» ....
2dmortgagejlnc.,1911..^.l
555^;
5(1
r.f
liio8
-N.
J.—
79
Central
Certificate, 2d mort. .8s...
Lehigh AW. B., con., g'd.
10'
H.
Cent.
A
Mo..
1st.,
1890.
-no
,.ixi,Chic.St.L.&N.O.-'2d m. 1907
Norfolk A Petersb.- Ist, 8s.
do
assent'd
8'>< Mobile A Ohio— New m., 6s.
,il03
S3
iJi
i,Col.Ch1c.Alnd.C..inc.7s.l8liO
1st mortgage, 78
Am. Dock A Impr. bonds. 107
Nash.chat. ASt. L.— 1st 7s. 113
65
ICent. Iowa coup, debt cert.s.
2d mortgage, 8s
do
assented 107 ,107% N. Y. Cenfral_
8s,
1888
^KiaM
W'n-lnc.
1919..
103?tJlnd'8Bl.
Northeast..
8. C— 1st m., 8b.
A
Chlc.Mll.ASt.P.— Ist.Ss.P.I), 127^ ..f?j
88, 1887
*.09)vl ....iTnd'sDec ,* Sp'd. ad inc.
68
mortgage, 8s
ii"
80"
78
Kansas A Nebraska— Ist m.
2d mort
Long Island— 1st mortgage.
60
30
65
100
104
gr.,7s
I.
A St.L.— 1st.
59H Indianapolis
mortgage
58J«
128
4th mort...
A
1st, ex.
:'.25
Pitts., crmsol.. s.f
95
Hous.A Gt.N.—lst.78,g.l900
50
22
80
97
80
99
H.— 78, gld,'71
Gr'nd R.AInd.— lst,7s,l.g.gu
1st. 7s. Id. gr., not guar...
97
107
Consttlidated 88
m.
do
Col. Chic.
A Ch.— 1st m
lOSJi
95
108
05
105
101
105
Cin.A Spr.— 1st. C.C.C.AI..7s
1st m..g'd L.S. AM.S.,7s.
Stock
Galv. Hous.A
m..
m..
Oleve.A
.
m.,g.,7s
E. lll.-S.F.C'y.l907.
103« Denver Pac— lst,7s,ld. gr.j:
92>s Brie A Pittsburg— Ist m., 7s
Con. mortgage, 78
78, equipment
Evansv. A Crawfordsv. -7s.
Flint A Pere M.—8s, I'd gr't
108
gr't. reg.
-4(1
2d
Stock
Chlc.ACnn.So.— Ist
Landgrant Income, 8s
IChicA Southwest.— 78. guar
117« 118
RR—
do
do
—
iis'j Chic. A
Income bonds
111«)
118»[ Chic. St.P.AM'polls-Ist.Os
S.F.,2d Os.class A.
Pitls.Ft. W.A Chic, 1st
78
70
.
IBrolfv^^ Qi/otfitlons.)
,8-63, class C.
do
3-8s. class B.
do
do Ist8s,Pelice,CAo
South Pac. cf Mo.— 1st ni.
Texas A Pao.-lst. 6s. 1905..
Pennsylvania
acoum'latlve
t04« Atch.AP.P'k-Os.gld, excp.
Bost. A N. Y. Air-L- iBt m.
Cent. Iowa.— 1st m., new
il()3«
;!09
Consol. Os. 1905
Income and land
'2d Int., 6s,
Cln. Lafayette
127
A
1899
registered
5s,
Peoria Dec \ K'^-ii'e— Incs.
113
104
118
115
2d mortgage
St.L.
8
94X 95«
1924,
Miscellancons List.
94>6
104
113!<i,115
:i4
no
89
Pac—
do
do
2d mort
do
Ist con., guar
do
Rens.A Saratoga. 1st. coup
1st. reg.
do
—
1st m., Os, '95, with cp.Ctfs
1st m.. 8s. '96,
do
Den. Div. 63 ass. cp.ctf..
do
1st consol. 6s
Pacific HR. of Mo.— ist ra.
102
102
118
N. Y'., 1st, 7s
Essex, Ist
98
'Collateral Trust, Os
Kansas
lien 78
3H
37
30
SO
80
55
25
St.L.I.M..tS.— Ist 78.prf .Int.
Uiii"
78k.;
Sinking fund
Registered. 8s
!
1175i!
f.
9(l!^l
114
Pacific bonds..
Bouth. Pac. of Cal.— 1st m.
Union Pacific— 1st mort..
Land grants, 78
,'
Ill
1st Pa. div., coup.. 7s. 1017
reg.. 7s. 1917
do
Albany A Susqueh., 1st m.
2
Funding
Western
2d murt
do
bonds, 1900 losji! W.
do
const ruct'n 102 ,107
do
78 of 1871. 111>^' ...
do
Ist con., g'd.. 110J4 111
do
Del.AHud.Canal—
... ;iC9
let mortgage, '84
109
no
1st mortgage, 1891
extended
do
Coup.. 73. '94
do
Reg. 7s. '94.
do
pref.
Adams Kxpress
A
103
8s.
f'd
San Joaquin Branch
Cal. A Oregon, Ist
State Aid bonds
Land grant bonds
109J..*
..
.
Columbia—S'OSs,
111
Ist m.. Springfield dlv
1st ra.. 6s. 1920.
•
35
27
28
deferred
do
Peoria Dec. A E'ville, 1st Os
Pacific Railroads
ill0>^
Central Paciac—Gold bds.
iia
—
A Western—
8yr. Bit sh.
& Indianapolis
,t
Ten.
6s,
D. of
Small
Registered
4
115
Ohio Cent.,
'
2d mortgage
78, convertible
Mortgi:Ke7s, 1907
Pacific
Peoria
I
s.
Consolidated
2d consolidated
M
122
—
C. St.L.A N. O.1st con. 7s
ay
Ohio A Miss.— Consol.
110
!
1st m.
2d m
do
C. C. C. A Ind's- Ist. 78, 8.
Consol. mortgage
N. Y. Elevated
WVA 115
N. Y. New Haven & Hartf.
N. T. Ontario & West. .pref.
Peoria Decatur & Evansv.
!2U)s
Pitts. Ft. W. & Chic. guar. 111
spec I.
do
do
Rensselaer & Saratoga
8120
Rome Watertown &
St. Paul & Duluth
88
looj^ l(k)M
.
2M
*'
I
'4"
S'8Hi
Nevada Central— 1st m.
bonds
A Mil.. Ist
Winona A St. P.,
97
2'
1
series.
('
STOCKS AND BONDS.
ini!iCEI.I.ANEOI7S
Chic.
!
">«
Rhode Island-^'s.'coup.'w 9
.
Peninsula. 1st ra.,conv...
95
17i«
class 2
class 8
new
new
Vlrglna—<is, old
68, new, 1880
6s, new, 1807
18«
6s, consol. bonds
18«
6s, ex ra:iturcd coupon
Os. c<)ns«)l., 2d series
11
11
10
J
Ohlo-6s,1881
loan, ia'8
JI09
mortgage
' I <«)
Coupim gold bonds
n7*^
117«
Registered gold bonds
:o5%
Sinking fund
1.... 12:
Iowa Midland, 1st m., 8s.
:lU4!.i
105
exten.
Galena h Chicago,
16"
Island
&
68,
6s,
ao
HO
10
UK
do
do
Extension bonds
5
J,
110
A.&O
Special tax, class
10«k
1887..
1st
I265<
I^>uTsv. N. Alb. & Chicago..
Metr«<i)olitun Elevated
Chatham
Consol. bonds
180"
llarh'in
Long
Ul
bonds,
do
Chic. M.itSt.P.— Continued.
1st i>s, IjiC. A Dav., 1919.
Ist So. Minn. dlv. 6s. 1910.
Istm., H. A 1)., 7s, 1910...
Chic. A Northw.— Sink. f'd.
Railroad Stocks.
—
New
108
'«2.
8s, gold, coup., 1887
6s, loan, 1883.
18B1
68, do
BAILROAD AND
Albany 4, Susquehanna
Boston & N. Y. Air L.. pref.
Burl. Cedar Rapids & No.
Cedar Kails & Minnesota...
ChicaaD A Alton, pref
109«
i
due
do
Oo
100
100
loan
K entucky—68
do
A.,!tO
do
coup. off. J. it ,1.
do
coup, off, A. &0.
Funding act, 1806
do
1888
loa
New York—6s, gold, reK.,'87
....
Ml
South Carolina—
28«
69, Act Mar. 23. 1869.
HSii 29^;
Non-fundablc
110
Tennessee— 8s, old
.
North Carolina— 6s, old.J^
6s,old, A.JkO
KundinK, 1894-95
Hannibal Sc St. Jo., 1880..
KItfH 113
II.U
Univ.,
SECnilTIES.
loan, 1803
No. Car. KR., J.* J
due 1888
due 188Uor'00
Asylum or
5
Hold
aEcniiTiEs.
New York—8s.
Missouri—OSjdue 1888 or '83 103
68, due 1888
107H
107,ls
6s, due 1887
KKl
100
.
Ask.
181W
-8,
...
endorsed
War
78, Rraall
5
5
Connocticut—68
Georjrlti— fJs
Ask.
57i<
61
Bid.
SECrRITIES.
Alabama— Class A, 2 tn 5
.
12
85
58
108
74
35
no
57
23
5
5
95«
28
so"
43
17
100
118
105
. .
09Ji 103
I
107
105
95
102
95
'
105
102
mu
71
95
95
I
nil
100
105
113
1-112
113
30
41
10
40
10
85
20
59
100
108
113
+ 108
1
.
I
—
i
I
|
>
!
'
£0
90
I
^
1
J
105
no
'
;
95
95
.
109>l:
j
VA
83
116
105
!
.
105
100
100
95
—
,
......
"
.
Ist m., 78, t g'ld,R.n..lU02 113}^ U8%'
Ist m.. La C. Dlv., 1803.
.... 114
1st m., I.
M-, 1897.
*I11
A
1st m., I, A D.,
i
1899
*io9
istm., C.AM., 1903
llSV^Ilfl
Con. slnkinn fund, 1905... licji 111
"-•'«,"'
2d mortgage. 1884.
Ist m., 7s, I.A D.ExL.lOOS
j
1.
t
And accrued
103
I
...,;:Int.&
t.t.
1
50
58
89
InteTesU
t
No price to-day
;
these are latest Q'lotatlona
made
this week,
im
106
130
104
no
104
j
iu"
28
32
57
43
4."iU;
>
Stock
I
non-enjolned
Non-mortg. bonds
West Ala.— l3t mort., es.
7s. 1902.
88)<
I
I
i
104
l'»
70
Rlch.,^ Dan.— 1st consol., 8s 103
87
Southw. Ga.—Conv., 7s, '80. 1(17
55 j<;
99
Stock
S. Carolina RK.- Jst m., 78.1 103
.\i.itliern-2d Inc
103
....'tLeh. A Wilkes B.Coal-lR18
1'27
.... ILakeErleA W'n— Inc.7s.'9f
do
Istm. .reg. 127 127)4 (Laf. Bl.A Mun.-Inc 7. \Sm
Huds. K., 7s, 2dm., s.f., '86 111^112
Mobile A O.— 1st pref. deben
Cana-la South., Ist, int. g.
88?(j 89
2d pref. debentures
Harlem, 1st m., 78, coup. tI24
...I
do
.3d
do
Ist m., 78, reg
t... Il25f«!| 4th
do
N.Y. Blevated- St, 7b, 19081 lllJi
N.Y.LHboE.&W.Inc. fis.I97
N. Wl.so
Ohio Central- Inc. H".'o.
N.Y.C.AHud., lstm.,cp.
I
!
108?l'
88, real estate
68, subscription
;
,
•Pr ces ncitl.™
2d
113
113
101
'
1
.
so
105
107
118
102
100
i
....
104
100
102
105
115
no
'
i
no
28
108
100
,
118
110
vM
1.;
.
'
3-10, P.I1..IM18
91
107
100
100
103
IIQ
95
!
I
2d mart., 7
87
105
95
2d mort..
.
8s.
guar.
..
Western \.<\— 1«* m..
No qugtaUon to.d&y(
7s,
10
71
35
109
109
97
latest sale ttils
l(,^^l
12
in
39
Il'i.
113*
102
May
THE CHRONICLE.
32, If 80. J
NEW YORK LOCAL
Hank Stock
541
SECURITIES.
LIdt.
P«ai.
riTIPIHDB.
SnrplDS
tQuoutloot by K.
8.
at latest
Mark'dlhua(*)
are not Kat ..
dates,
i
•ISlij.'Ofl
l,li04,4')0
Bowery
Broadway
IWt.NOIJ
l.'Wt.llXI
Batcherb'&Dr.
I.*
M.AN.
May,
r.4,1.
'.*
10
la
J.
LhttPe
Chatham
I7S.*ia i.'i'j.
B
too Kl-ra'ly too
i«;.ioo J.tt J.
«
1 iZl HL'U
M.4N. JO
i,8NH.W10 I. ft J.
8
ISU.IOO I.* J.
Chemical
City
Commerce
Contla<>nial
Kicli'ge*.
Com
F.&A.
Saat River ..
11th Ward'....
Fifth
rltth Aven-aeV
rill..
I.«
01)
l'2,4iHI
100
KuKon
tiallailn
8
Oerman Aa.'
Oermania*
US.d.no
(ireenwich*....
20 0O.i
•j;i.«Jo
Grocers'
Hanover....,
Im p. & Traders'
Irvine
Island City* ...
Leather .Manuf.
lO.SOOl
l'<!f.(l(Xll
88« 100
Ut^e
.
.
0<J
7
May,
Apf
•80.
May,
J.
-
J.
7HU&^.,
J
ismo'j'm an.
.11.
1
.
N. Y. K. iixGh.
Ninth
No. America'..
SOUOOjF.
,1.
Oriental*....
10fl'2,000,()00
A
172.800
215,200
427.800
I.
I'.?5.4ll0
1.4 J.
Q-F.
I. A J.
163,000 J.
Republic
871.700 f.'aa.
4 J.
.,000
St. Nicholas...
S'l.hOO 1.
lOilSOOI.I.
158.;it0 J .
4
4
4
.1.
10
WO
Union
West Side'
7
4
liH.IHOJ l.'4 J.
and
100
•80.
125>i
120
Jan., ^79.
uly, •74.
100
Jan
,
Ian.
Ja 1.,
May,
7
1
./an.,
'•H\
Jan.,
.U»y.
Jau..
10
8
iiij
•so.
'Si.
•80.
•80.
1132
•SO,
•SO.
"80.
'80.
•go.
:12b
50
20
50
'.
Ifietropolltan
do
certificates
100
do
bonds
Brooklyn
„do
I
25
Va
Ndw York
do
do
do
do
.
bonds
scrip
,
Metropolitan, Brooklyn
Municipal
100
Co
bonis
Fu'ton MuDlclpal
[(Quotations hy a. L.
GmxT.
'.(XXII
14.'i
I
Star
SterllDK
Stayvesant
tl'i
I
0'>
100
105
33
95
40
KiO
85
00
'SO
75
*UJ.,'7M
50
.la-..
.Ian.,
'80
'80
70
7.^
9.'S
Jan.,
a'.,
'.>0
100
73
105
110
90
I
'.,
'8'J
18SS
Over
all
liabilities.
65
155
105
85
Cttr Sec a rl tie*.
St.
A KuU. Ferry— SL'k
1st m(»rtKii(re
Broadway
.t
l!ft
I
900,000 J.
4
1,000
rtw4,ixjo,.i.
a J
Seventh Av.— St'k
loo
Ist HKni^taKe
Bnioklyn
100
Broidway.]
1,000
10
Ity— Stock
niortKii^'e
I(X)
tt<»n(l!*
I
I.
1,(SXI
JOO
^00
Central Pk, -N. A E. i.iv.— Stock
Consolidated mort. bonds
1,000 1,200.000
Christopher A Tenth St.— Stock
IOO
8.'0,0'0
Bonds
Dry Dock E.B.& Hatt'ry— Stock
1st inortftajre
42d St. Jfc (irand St.
1st niorttruKC
1,(00
250,000
IOO
1,»0().000
50O&C
1st inortcaKc, (<iii>olldated
Eijrbth Aveniu'— Stock
Ferry— St'k
5(Hl
I
Apr..^'0 «8
V214
July. '84 102^^,105
'SO I HO |l.'a
Nov.,
'102
/Ip-., 'SO 140
Apr., 'SO 95
2
7
'8
IS8S
V,W York.Water stock
1*11-63
Cruion water stock. .1M5-51.
..1852-(i(l
do
do
Croton Aqued'ctBtock.lfr65
pipes and mains...
do
reservoir bonds
Io
Central pai k honds. .Iii53-d'i.
uo
do
..135(Mo.
Oock bonds
1C70
Market stock
ivemeut stuck
do
1.0
Conaolldateo bonds
Street Imp stock
do
do
IOO
i.mn.'ifhi J.
!
AD.
June,
'93 110
Apr., 'SOllB)
'81 IOO
May, •SO 170
115
175
110
Apr., '93
no
115
25
30
20o.0(Kl|M.4S.
Sept. 'Slj
?.5o.ooo'\1.4N.
M,y
1
St ni< irt^iiKC
la» TTiortmC'e
I'JO CO
."00.000
l,(X)(l
shows
I.
A
May,
J.
J
1,0(X» jV,(XHI,(HM('J
KKI
AJ
BOO.iKXI F. SA.
250.(X)n,.\l.A N.
'8S
Iilu-
Feb
94
93
_
I
May A
Novo-n')er.
var
var
6 p.
0*
do
var.
7
'lo
"Id
10
J.in:iary
»g.
do
7
H
5
It«l5
hi.'>
1901
Hi
KM
!07
IC*
11.^
IIB
118
115
I««
t Tly.
r
(tJoc'a'.ionBby N. T. Beirs, Jr., Broker. 1
Ml
l»*l
1901
107
102
New
1(18
IMW
115
IIS
107
IP5
ll«
119
lOU
18S1
10-J
l«H
1882
1886
18IU
>t
uo
lie
12s
ii«
1889
A Jtilv.
Novein
ito
12s
1 15
I8(M-18S7 118
no
Qna
M ly «
to:
lUI
lOtf
18!*4-I900'II2
1907-1911 I'.H
,108
IS9S
May A November.
7
Westchester County
Cons(lt:atel
Asset mc t
100
1880
1800
I(»
ISSS-ISSOIU'^
1884-IBllilOH
8"..)
drooAiifit— Lucni iai
City bonds
1
em't—
I
Ja uary
do
do
10
do
ao
7
do
7
7
PrTkbonds
7
7
6
40
6
7
ttay
a
«
1
toly.
iv
Jo
do
do
do
do
A Sovember
I1
fl
A
d.-.
January * Jnly.
do
do
L'-SO-lfl^s ICi!<tl!(8
1>^3-Isitl 107 1118
:ul&- 1924 120
12H
IMOn-1924 12(»
1904 1912,126
K»«-I902 104
ISS1-IS9U 103
1«S0-1Si«3im6
'1211
lf»
116
)i«
111
1SS"-1S83H4
llfl
1924
,110
1907-1910 115
118
118
•AlTBrooKlyn bonds Hat.
(11
!02(<
[QuotatloQB by C. Zabbiskib.
4;
Montgomery
St.,
Jsraey City.]
90
I
«•)
KS
no
'lis
10-.
I
IrtS
80 110 ,115
;.
1. 000
May. '9S 115 !;12
last dividend on stocks, but the date of maturity of bfintif.
.
5
6
7
n
Bid. At..
die.
101
•fQ I'iO
"90 10 1
'77
tfv, '9(1
May
100 2,000.0101 <)— F.
mort(zaKe
Twenty-tliird street— Stock.
1st
105
20
laly, "94 98
'an., 'SO 53
Apr,, '85 10(1
__-
.1
IOO
Third A veil ue-Stock
8
«
do
do
do
do
lSf(
Sov.ilioi 100
*
&J
OOAc.l
:
eb.,May Alg.ANoT.
do
do
do
do
do
do
May A Nove-nher.
Keb.,MHv, VUk'.A Not.
do
*«
do
00
•
do
do
1869
....lSt9.
(Consolidated
'lOO
I
Extensbm
Avenue— Stock
New
5
5
B
Paioa.
1
Moutns Puyauie
I
150.0* (01 A. a; O.
1,0(K)
1.0(X) !1,050.IIOO|.M.AX.
Sixth
:7 PI33 Stra«t.]
Rate.
llS&->-6S.
Im.^t
I
.
MoBAy, Broker,
102,(v:i05
.
0,(H
A.
ISTaRKST.
illo
'150
A
95
2!i Jan., 'SO; S5
3
Jan., •*)' 78
82W
J A I). 7 Idsc.1902 in:
110
F.* A 2H Feb., '80 (12'ti il7
I. 4 J.
i-'ao
MaHaon
Q F
May, 'SO 119 i-15
mortKntfe *
Const d. convertible
3(1
21
lul
!
7
IOO
mortKUKe
Second Avenue— Stock
i
SW May
203,000 J. A J.
748,000 >I.4N.
VS»,000 A. 40.
B00,000
2nii,(»xjlM.4N,
1,1X10
Jan.. ••O in
|J'lv.l90o, t8
J<
7
2
1.0(X),0(Xi
1,000
100
1,000
UK)
1st
_
I).
M.AN
900,000 J.
100
Central Cn»ss Town- Stock
1st mortKitKC
Honst.West St. A I'av.F'y— St'k
4
Q-sF.
2IX),000 y-j.
400,IKH> A.&O.
800.0(K1 J.* J
500,(KX) J.
J.
1.800,000 J. a J
100
'
IstinortKaire
Bushwiek Av. (B'klynl— stock.
tj-
l,0OO,lXX)
2,(Xk).(Kh>
3IX1,(MHI
1,0(X)
Broadway (Brooklyn)— Stock ..
Brooklyn .t Hunter's Pt.— sfk
a,ioo.ofl<)
I
J.
Dasisl
IQaotatlobS by
.
Blceckcr
t Sarpiat
Including re-Insurance, capital aad scrip,
102
80
104
65
;79 10'2
I
Broker.
75
101
'7«1
1897
Ja
750OO0IM. AN.'
1.10
100
'.so
Jan.. •7«
I..V10.OIXI
'ioo
t
,195
'l4l
'80I137
.
y. 'THl
1S82
I
do
Republic
I'^Ox
...Feb., '•0
Var.
4
50
50 I,00<j,oooi guar,
Var. l,000,lB1o I. A J.
100 l,000,(XIO|M.4N.l
certificates.
Central of New York
Williamsburg
^
Feb
Feb..
Ju
1,000.000, 1. * J.
300.0001 VI. AN.
300,000. J.
J.
4B«,00tl :.'=.* A.
10
1.000
.'
Relief
Rutgers'
St.Nlcbolaa....
70
105
75
IOO
*71t,
M.«N. SJiJNov,
VI. 4N.
Vay,
4
100 4,00O.0lX)'
P -ople^s (Brooklyn)
Ju'e,
Var
1,000,000!
700.0(K)
.
Phenix
lucludej scrip.
1S»S
Feb. '7S
Jau., '.-Ki
l,(KH),0Ool 11.4 S.
100 o.ooo.tKUt Qnar.
1,000 1,000,000: F. A A.
scrip
Pacinc
Park
United states...
Westchester..
B ,May, '80
21<!Feb:, '80
AS
.',S00,0fK):M
Vr.
Mutual, N. Y
NiSflau,
2,000,000
1,200,000
815,000 A. A I).
1,850 000, f.« A.
750.000 1.4 J.
4,000,000! I. A J.
city
Niagara
North PJver....
WllUamsh'eC
Bid.
*
2S
National ....
N.Y. Equitable
New York Fire
N. ir. 4 Boston
*
Date,
•20
Nassan (Bkl
Tradesmen's....
6a8 Compakieb.
1,C00
Montank (Bkn)
Standard
for the .Vatlonal b.ink9
TGaa tjnotallons by Ueorge H. Prentiss, Broker, la liroad street.]
Brooklyn Gas Light Co...
Cltlzens^OasCo (Bklvu)
bonds
_ . do
Barlem
Jersey City 4 Holioken
Manhattan
.Mech'Ics^(Bku)
Mercantile..
.Merchants' .
Peter Cooper..
People's
and Bonds.
CItr Railroad Stock*
t
Mannr.A Butld
Manhattan
Mech.ATrad'r>
New York
102
'SO
3
flifures in thl» column :iro of ,l;ite .^.pril 23, 13J3,
01 date -March 20, 1880, for the State banks.
Gaaand
no
100
.)ao.. 'SO.
J.,n., •SO.
The
S
98
3
Jan.,
Jan.,
;
Ukn
LonglBl.
8
7
8
»
B
4.
18S.20;' J.
J.
2S0
J.
J.
74»,7i;0 M.4N.
•fradesmeu's...
May,
Lamar..
Lenox
Lortllard
Ian., 'SO.
3
'8
s
u
J.
J
S5 500 .1.4 J
274,000 VI.4.N.
Y
ibo
:::
«« Fel).,^»0.
1M.500
Seventh Ward.
Second
Shoe & Leather
§i
•SO.
.lujy, •77.
Tan., •SO.
10
T..
^
lefferson
Kings CO. (B'ini
Kntckerliock*'!
Lai'ayette<Bku>
•?».
Jan.,
J
Pheulx
Produce*
155
.Ian., •SO.
Feb.. •«>.
"i
8
Howard
Importers'A
Irving
122
.May. '80.
Jan., 'SO,
4
A.
Ill 5uo:.j.i» J
U4«00(.l.4 J
«7.5'
J. 4 J
North Ulver*.
1^
80. 4
May,
S
8
8
.J
1
Hope
145
ijau.,'rO 3«|l32
t)H Jan., •SO
7
Jan,, '90.
J.n., •^0.
149
12
Jan., '8).
AN.
4
4 1,700 t..*
Hanover
Honnan
Home
140
7
.1
61,100,
Ilamlltou
lis
S30
4
J.n., •BO.
3
A J.
llJ7.H<)0,.I.« J.
Sa.BOO' I. A J.
l,MO,'!liO .r. 4
73.5'
J. A J
837.S00
3
Jan.. •80.
4
May, '80.
2!,ljuiy, •7».
Bgt.ToO.J.
Firemen's ....
Firemen's Tr
KrankllnAKmi. 100
Gerinan-Amer.
Germania
Globe
Greenwich
Guardian
»s
8
.
4a,50O
Nassiin*
New y cry
100 aloiNilooo
M. r.Co'iuiv..
110
Feb., 80.
A
4
Kxciiuse
FamiKUt. ......
3
8
.luiy. 'Tb.
..
K*Kl«
KmplreClty...
Jan.. '80, 4
AA
.
Columbia
Commercial
Continental..
VS
78. 8
.ian.,
J.
J.
1
143
2«
'80.
'80.
.Ni,v., 7B.
.Ian., '77.
Jan. •SO.
.)«n., '80.
Jan.. •80.
1.4
1.4
1.
210
IS
Fit)., •80
...
(Ity
Clinton
5
>0.
,
M.4N.
*''l..'5IX)
.
Third
•SO.
•80,
A,
I.
,03.1 1-XI F.
Mechanics'
Mech. Aasoc'u.
Mech'lcs /t Tr.
Mercantile
Merchants'. ..
Merchants' Ex.
Metropolis'.
Metropolitan ..
Miiriay illll* ..
Sixth
State of N.
Jan.,
MOOIJaJ.
.
People's*
Upr..
«
May,
A
I.
l.Wii.ooo
144.U K)
Manhattan*.
Manuf. Si .Mer."
Marine
Market
PaclBc
Park
120
vi!AN.
1.4,1.
JSI.l'.l
..
Hro.>klyn
Citizens'.
8
8
'78.
Jan., •80.
.Inly
May.
ti5,70-.
183
S
•80.
+
Amerloao Excb
JjD., •80. Hit
04 loo (r.A A,
tterman Esch.'
Uowory
Broadway
Ian., '80. Sii
Feb,
8H
A.*0,
7*3 *,5lHi
Araeiiean
S
.la '„
10
i o-'3.ai)ij ipj.'
a.iOO.IKXll 1.001 H»(. I. AJ.
a.<3.7oo \).4N.
Fourth
8
3
Ki
S
M.r., •80.18
'«. 8
My, 80.10
.Jan., '80. 4
»
io
J.
I.A.I.
'. « J
40,81 HI
i-J-4
First
Jan., '81.
.Ian., '80.
,Iao.. HO.
Mar., •80.
Ian.. '80.
IPO
.(..ii'l)
ClilzeoB*
CoarAJilB(,
Jan,, •80. B
e
7
a
67.1100
Ask
Bid.
80. aii'ui
J.
VI '.i-KI .!.« J.
889 00 1. A J.
Central.
LutPald.
Period 1873. 187V,
America*
Am. Exchange
Baitar. Br > cef .7 Prn* 9tr»H.]
tVatet loan long
,
do
ISSS-Tl
Improvement bonds. .^....
Bergen bonds
18«-<9.
January A July.
January fit .luiy.
J. an J J A D.
Jac'j .rr anu Jul:
J.
a
101
IfV»
1890-180! I '7
101
(•8
lOM
'.'Jl
101
U>
UO'J
18V'.
IOt«
THE CHRONICLE.
542
„
.
,,
Upfmght.
%miitsXmcnts
1878.
1879.
$199,371
439,114
146,225
.'^168,735
Totalfreight
$784,711
Mail
$2S,004
Express and miscellaneoas...
8,439
Total earnings
$1,013,712
Total cxpeuditiues
727,700
$731,312
$29,630
36,871
$997,718
659,325
Net earnings
Average miles operated*
$338,392
275
$403,075
1.238
$3,628
2,397
1,230
$3,809
2,496
1,313
71-50
6000
6550
.
I/ownfreight
Way
STATE, CiTf AND CORPORATION FINANCES.
THE INVESrORH' SUPPLEMENT.
The
Investors' Supplement
is
Issued every other month, and
the next number will be published Saturday, June 26.
INDEX SINCE APRIL SUPPLEMENT.
The following
an index to all reports and items heretofore
published in the Investment Department of the Chronicle
since the last issue of the Investor's Supplement; annual
reports are indexed in black-faced type
is
:
A llPKlieny Valley
463
Atchison Top. 4SantaFc.433, 491
Athmtii & Cliarlotte Alr-Liuo..43a
46.')
Alhintic & Great Westeru
AtUmtic&
&
Augusta
KaoxTille
Baltimore & Potomac
Boston Hoosac Tunnel &
Boston Water Power Co
BuiL & Mo. River In Neb
W
& St. Louis
Camden & Atlantic
Central Iowa
Cliesliire
403
493
464
518
& St. Paul
433, 518
CliieaKO&NortUwcsteru..433, 493
Cliic. Mil.
&
Louisv. N.A11).& Clilc.434, 466, 51S)
493
LouiHiitna State Bouds
Metropolitan Klevated
Michigan Central
Mil.
433
ChicaKo & Paducali
518
Cliic. & Westeru Indiana
493
CliieagoRock Island APac... 465
CUlfago St. Louis & N.
465
Cliicago & Tomali
465
Cincinnati
465
Cincinnati Hamilton & Dayton 465
Ciu. Wabash & Mioldjjan
433
Cleve. Col. Cin. & Indiauap
518
Col. Chic. & Ind. Central
518
Connecticut Western
465
Pacific
Dallas* Wichita
465,
Delaware & Hudson Canal
Delaware State Bonds
Denver <& Kio Grande
»...
491
464
432
Lake 8horc& Westeru
N.
N.
N.
N.
N.
N.
519
494
466
434
518
&. Texas Liiud Co
Central & Hudson River. 494
519
City & Northern
Lake Erie & Western .... 494
Ontario & Western
510
494
Peun. & Ohio
Stock Etchange
519
Woodhaveu « Rockaway 494
Y.
Y.
Y.
Y.
Y'.
Y".
N.Y'.
N.
434
Y'.
. .
.466,
Ogdensb. & L. Champlalu
Ohio &. Mississippi
494
434
Padncah & Elizabetlitown
432
Pennsylvania Co
431
Pennsylvania RR
434, 494
Peoria Decatur & Evansv
434
Philadelphia <fc Reading... 434, 494
Pittsburg Titusville & Buffalo. 519
Portsmoutli & Dover
519
Port Royal & Augusta
466
493
518
493
493
493
518 Quicksilver Mining Co
493 CJuiucy Missouri & PaciHo
434 St. Louis Iron Mount. & So
465 St. Louis & San Francisco.. 433,
Dubuque Ualsota
Flint &Pere Marquette
Framingham & Lowell
<fe
Georgia Railroad
Georgia State Bonds
Grand Rapids & Indiana
493
466
466
519
Minneapolis <&St. Louis
Mobile & Ohio
464 New Jersey Midland
518 New Orleans City Debt.
433, 518 N. O. Mobile & Texas
518 New Orleans & Pacitlc
Cairo
Cliieatto
.
Manhattan Beach Co
433 Maryland Union Coal Co
493 Memphis it Little Ruck
Pacille
[Vou XXX.
466
467
434
519
freight
Gross receipts per mile road..
Expenses per mile road
Not receipts i>er mile road
Perot, expenses to earnings-
$286,012
231
$4,388
3,150
437,098
125,478
1880.
$211,531
412,666
1
61,21
,$785,408
$.32,041
96,629
$1,169,524
766,448
307
Earnings and exi>ense8 for 1879 include those of the Macon &
Augusta Railroad, 76 miles, for seven mouths, averaged as 44 miles for
twelve mouths.
The report says " The experiment of reduced local passenger rates has continued to give the most satisfactory
results the increased receipts from tha t source being about
30 per cent. Part of this is doubtless due to better crops and
prices, but an examination of the last reports of neighboring
roads somewhat similarly situated does not indicate that any
of them have enjoyed as large a proportionate increase as our*
:
—
selves."
MACON & AUOUSTA.
" The last annual report explained fully our relations to this
road up to its date. The proceedings then pending were terminated by decisions in the Supreme Court in our favor, under
which decisions the road was sold on the 2d of March last on
foreclosure of the second mortgage, and was bought in by this
company for the sum of $50,000, subject to the fii-st mortgage
bonds, which fall due in 1887. The second mortgage bon&,
$370,000, which fell due in July last, were taken up by this
company and were charged to a new account opened upon our
books, called Macon & Augusta Railroad Purchase Account.
To this account also all coupons of this i.ssue previously
redeemed by us, and all other expenses of the purchase, have
since been carried, making the present total of this account
$506,162.
"The first mortgage bonds on this road, $400,000, do not fall
due until January, 1887. We have taken up as endoraers on
$300,000 of this issue coupons, tax fl. fas. and other prior liens
to the amount of $241,963, which amount we hold in a separate
account for the present, being, with interest upon it, a prior
lien upon the M. & A. Road, in case we should find it necessary
to foreclose and sell under the first mortgage at its maturity.
But for this contingency this sum would also go at once into
463 St. Paul Minneap. & Manitoba. 519
Grand Trunk of Canada
517 Savannah & Memphis
467
Grayville & Mattoon
493 Schuylkill Navigation Cb
431
Great Western of Canada
464 Selma Rome »& Dalton
434 the purchase account as above, making it $748,125. The latter
Green Bay & Minnesota
518 Sioux City & St. Paul
494 sum represents what the road has cost us to date. During the
Greenwood & Augusta
493 South Carolina RR
494, 517 year oast
a large amount of work has been done upon this road
Housatonic
464 Southern Minnesota
433, 467
432 in filling trestles, reducing grades and rebuilding defective
Indianap. I/elphi & Chic
434 Sutro iunuel
International & Great No
518 Tenn. State ER. Bouds
467 masonry, details of which will be found in Roadmaster's
434 report."
Kansas City F. S. & Gulf .463, 465 Toledo Peoria & Warsaw
Township
Bonds
467
Kan. City Lawrence & So
519
WESTERN RAILROAD OF ALABAMA.
Kan. City St. Jo. & C. B...466, 519 Vallev, of Ohio
467
I.alse
Ontario Southern... 434, 466
Lake Shore & Michigan So
Laurens Ruilroad
Virginia State Fiuauoes
451
St.Lfmis & Piic. 434,494 520
490 Wab.
434 Wash. City Va. Midl.& G.S
Local Inrtclitedness of Ohio
466 West Jersey Railroad
Loiusville & Nashv
493, 519 West Side & Yonlcers
520
431
454
ANNUAL REPORTS.
Georgia Railroad and Banking Company.
" This road has fully realized the favorable expectations of
the last report. It is now not only self-sustaining, but has
begun to refund us rapidly the amounts formerly advanced to
it.
During the past fiscal year it has paid its own interest and
refunded us $26,740 on account of coupons previously paid for
it, and has also paid us $18,000 for rent of its rolling stock, as
explained in last report. The progress of its business promises
even better results for the ensuing year, as may be seen from
the following comparative statements of its business for its last
three fiscal years ending August 31st, and for the seven months
(For the year aiding March 31, 1880.)
The annual report of this company is very promptly issued. The ending March 31st
President's report gives the following summary of the income
For 12 Months EuiUng.
from all sources and manner in which it has been applied, with
Total receipts
the figures of the previous
parison
fiscal
year, for purposes of com-
:
—
Receipts
1879.
Net earnings road
Net earnings banlE
$338,392
12 633
32.000
8 936
Dividends A. A W. P. RR
Dividends Rome RR
Dividends N. & C. RR
Western RR. rent rolling stock
Westera RR. coupon account
Miscellaneous sources
'
Total
.
Balance, surplus
Total
. .
21,437
32,000
14,893
4'.->00
13,500
80,500
16,059
Payments —
Paid dividends
Paid Interest on bonds this company
Paid interest on bonds M. & A. RR
Paid interest on bonds W. RR. of Alal)ama
Fuid taxes, legal and incidental
1880.
$403,07.5
18,000
110,000
8,513
$506,522
$607,919
$252,000
82,235
51 777
93!o80
23,305
4,124
$252,000
93,530
39,220
83,260
17,645
122,264
$506,522
$607,919
The
interest paid on Macon & Augusta bonds was paid as
endorser, and is charged against the purchase of that
road
he
excess
1
paid on coupon account by the Western Railroad
^'^^
""* °'"^''
coupons for the year reduces the deficit
+[*
on thatt account, charged against that company on previous
^
years, from $124,280 to $97,540.
The following table gives the gross and net earnings of the
road and expenditures for the year, and also, for
comparison,
tne same for the two preceding years
.
:
STATEMENT OF EARNINGS AND EXPENSES.
31—
1878.
1879
4r,"|:;»'P"''"'"iKer8
$1,54,993
$175,159
Through passengers
36,902
24 744
For year emUng March
;
Total
$191,896
$199,904
1880.
$227,057
28,386
$255,443
^877.''
$167,597
Expenses— Operatiug
352.3.36
"
Taxes
"
Total
Leaving net
Receipts per mile of road
14,736
367,072
100,524
2,800
2,198
602
Expenses "
Net
"
"
"
"
"
"
"
For Seven Months Ending. Marfgi*!'
Total receipts....
$387,108
Operatiug expenses
218,250
Taxes
19,756
^187a''
$544,107
345;651
'21,803
367,454
176,652
3,258
2,200
1,057
^l'^*'
$579,492
360,524
34,973
395,498
183,994
3,470
2,368
1,101
'
'^^f^^Q^'^'
^''Tslo^^
$454,349
229,072
28,7.52
18,528
Rentrolling stock
21,000
21,000
•
Total
238,007
262,946
268,601
Net
149,101
134,744
185,747
ATLANTA & WEST POINT, ROME AND PORT ROYAL RAILROADS.
$397,691
213,193
" Our stock in the A. & W. P. R. it. Co. has paid its usual
eight per cent dividend, and that in the Rome R. R. Co. has
paid ten per cent during our fl.scal year, against six per cent
paid for some years past. Both roads are expected to do as
well for the ensuing vear. Both the business and the condition
of the Port Royal Railroad are gradually improving, but no
revenue can be derived from it for the present. The ultimate
value of that road will depend upon the possibility of a large
export trade being turned through our Southern ports from the
West to England and other foreign countries."
With a view to test the practicability of this, the company
has agreed to join in the erection of a small elevator at Port
Royal, and it is hoped to have it in operation in time for the
next year's business.
NEW ALLIANCES.
" The new business for our lines, however, from which we
most hope for early results, is the direct business between the
May
THE CHRONICLE.
22, 1880.]
643
^
$33,212
West and New York and other Eastern porta. By means of Net recelpta from laud drpartment
fine Hteamer lines now in operation to the ports of Sarannali
Total net revenue
$162,791
and Charleston, which are also being rapidly increased in power Int. ou bonded debt from April I,'7D, to Jau. I ,'80, (9 iihw.) wm 88,200
with larger and faster steamers, we believe it possible to make
Surplus revenue
$74,591
as good time from New York to St. Louis, via Charleston and
The surplus revenue from April 1, 1879, together with other
Savannah, and over our roads, as is being made by the all-rail
direct lines from New York to the West. And, as onr pro- cash assets, has been applied to the purcluwe of additional
rating distances are as short, we believe that we can secure a equipment for the increaHing business of the road, preoent and
very considerable
With
from these quarters.
have been made between this
business
increase of
this in view, close alliances
road and the South Carolina and Central railroads and the
steamer lines from Charleston and Savannah to New York and
also with the Louisville & Nashville Railroad Company and
the large system of roads under its control. The alliances are
not exclusive, or intended to discriminate against any others of
our connecting lines, but are simply to co-operate harmeniously,
and as one line, in a concentrated effort to secure a portion of
the great business between the West and East over our
respective roads."
The President, Mr. E. P. Alexander, closes his report with
the following interesting table, showing for each of the past
six years a condensed statement of the net earnings, income
over
all
charges and dividends declared
:
Bal.
Ni't eainlu,
IIKH E.XCC98 Int.
of road and over inc'mo
fnn. invest.
bank.
$438,303 $165,097
'
1 87.5— Amount
1875— Per ct. on
187(i— Amount
1876- Per
et.
$293,206
$108,000
4 00
$336,000
6-90
stock
559,350
205,125
$353,934
8-42
H-00
513,365
174,710
$338,655
$294,000
806
7-00
296,627
126,080
$170,547
$147,000
405
3-.'>o
351,026
84,895
$266,131
$252,0(10
634
60O
421,513
72,387
$352,126
$252,000
on stock
1877— Amount
1877— Per ct. on stock
1878-Amount
1878— Per ct. ou stock
1879— Amount
1879— Per ct. on stock
1880— Amount
1880— Per ct. on stock
Dividcnils
actunlly
declared.
avail-
able for
dlvidondH.
Total for six years. . $2,003,193
Vicksl»ui-g
$828,591
&
8-39
600
$1,774,599
42-20
$1,449,000
34-50
Meridian.
(For the year ending Februiry 29, 1880.)
The annual report sums up the results of the late
fiscal
year
as follows
$424,389
295,002
Receipt*
Operating expenses
Net earnings
$129,380
From which should be deducted
New locomotives
New cars
Washington Street Bridge
New depot
for
288
9,471
2,609
14,389—
Tuxes
48,570
Leaving a net revenue of
The earnings were increased
The working expenses were increased
$80,810
$95,213
35,862
"The company has
labored under some embarrassments during the year, by rea.son
in his report
:
Bills
29,200
year
payable paid daring past year
$66,740
$23,301
-.
BALANCE SHEET OF GEXERAL LEDGER, FED. 29, 1880.
Dr.
Cr.
Cost of road and eqnlp-
$3,046,363
nient
Co.st of extension to
Mi.ssis«ippi River....
Cost Mississii)pi Kiver
lauding front
Exteu.sion tonnage dues
Bills receivable
Front and loss
88,542
Dills paviiblo
scrip
$ 357,407
1,042, .t17
3,135,522
41,445
839
50,100
60,009
38,185
1,294,330
$1,577,732
Total
Capital stock
Pn^ferred stock
Funded debt
Laud
Total
Kansas City Lawrence
&
Si
WESTERN
RR.
COMPAKY.
and town
lots, $336,000.
PASSENGER BU8IKCS8.
Total
passengers
1879
1878
Increase
Passengers
carried
Passenger
carried.
one mile.
earnings.
78.093
63,899
3,420.218
2,758,525
$120,394
123,761
14,194
661,693
Eani'gs i>er
po&u-nger
per mile.
Genu.
3,307
Decrease
in earnings per passenger per mile is owing to a
reduction in rate from five cents to four cents per mile mad*
Feb. 1, 1879, to correspond with a like redaction made by other
Kansas road^.
FRKtOHT< BUSINESS.
Em'gs p. to»
Freight
per mile.
Tons carried
Totm tons
Cents.
irnings.
one mile.
carried.
$;i29.;i83
13.800,173
1879.
.. 167,472
2»«ioo
33«100
200,923
7,758.803
.. 112.626
1878.
The decrease
Increase
54,846
$68,400
6,107,370
Decrease
"^loo
To—
B.\LASCE SHEET TO JAH. 1, 1880.
Constniction account
••
Value of equipment
Material on hand for future use
•••
^'S??'?.?
*'j9'?Ti
o'«qq
Ir'oSS
o„'fSs
422
Cash In hands of cashier
Cash und bills receivable in hands of treasurer
County bonds .and coupons, &c
20,
$3,979,603
By—
Capital stock
^'i-JtlS'JSH
Bonded debt
;----.;.---iV '^''i2'9S2
Accnied Int.on $2,940,000 mort. bds. at 4 p.c., Oct.1 1« Dec.3l
'^V i So
Unpaid bonds coupons
1'AAa
Hills payable
""ooa
Halance of open accounts
oonsA
.-a.osi
Income account
$4,577,732
$5,979,603
Southern.
(For the year ending Dee. 31, 1879.)
states that the total miles operated were
The annual report
as follows:
Lawrence to Coffeyvllle
14333
miles.
miles. 31-77
miles.
901
IndeiMudeiice lirimch
8outu. Kansas & West. Road, Independence to Wellington. miles. 104
Olatlie l;riiiKh
Miles
288-74
A summary
of the year's busipess shows that the
Gross earnings were
Operating expenses
Net earnings
contracts
:
of several old debts which were compromised, absorbing our
entire net revenue."
The report of the Treasurer shows $699 70 on account of
land sales, which amount was taken to balance former purchases of bonds, account of land fund.
The tonnage dues on the river extension amounted to |12,21(),
being sufficient to pay the interest and nearly $7,000 towards
the extinguishment of the debt, the total amount of which, on
February 29, was but little over $44,500. The judgment
against this company in favor of \. C. Plant has also been settled during the past year, amounting, principal and interest, to
$68,328. The bonds thus retired have been placed in the sinking fund to the credit of the land account.
The floating debt is as follows
$37,540
Bills payable, outstanding February 28, 1879
Bills payable, issued during past
SOUTHERN KANSAS
In the year 1871 a road ten miles long was built from Cherryvale, a station twenty miles from the southern terminus of the
Leavenworth Lawrence & (jalveston Railroad, to Independence,
under the name of Southern Kaasas Railroad (.'omr)any, with a
Tiew of ultimately occupying the territory of .Southern Kaiisafl.
In February, 1879, the Southern Kansas & Western RailnMd
Company was organized under the laws of Kansas, for the purpose of building a railroad from Independence tbroagh the
counties of Montgomery, Elk, Cowley, Sumner and Uarper.
As soon thereafter a« the line could be located, contractu were
let and arrangementa concluded to complete the road to Wellington, the county seat of Sumner County (distant fr^m IndeEendence 104 miles). At the close of the vear 5.S miles af track
ad been laid, and the grading and bridging on tlie remaining
portion of the road so far advanced that the road was opened
for business to Winfield (8.^ mil,^s) Feb. 15, and to Wellington
(105 miles) April 1, 1880. This newly-constructed road wan, on
Dec. 1, 1879, leased to the Kansa.s City Lawrence & Southern
Railroad Company for the term of 30 years.
The general manager's report relates that the railroad and
other property of the Leavenworth Lawrence & Cralveston Railroad, and of the Kansas City & Santa Fe Railroad and Telegraph Co., were sold (respectively Aug. 9, 1878, and Feb. 4,
1879) under a decree of the Circuit Court of the United States
for the District of Kansas, and new companies organized by the
purchasers of each, respectively, and the same consolidated
with the Southern Kansas Railroad Co., under the name of
Kansas City Lawrence & Southern Railroad Co., with a capital
stock of $2,940,000.
By this company the railroad and other
property above referred to have been operated and managed
since April 1, 1879.
A mortgage was executed April 1, 1879, to Nathaniel Thayer,
Francis Bartlett and James H. Blake, trustees, to secure the
payment of $2,940,000 of bonds, issued for the purposes of paying certain indebtedness as set forth in the indenture. The
said bonds are dated April 1, 1879, become due April 1, 1909,
and bear interest after date as foUows, viz. for the first two
years 4 per cent; for the next' two years 5 per cent, and 6 per
cent per annum thereafter, the interest being payable semiannually on the first days of April and October. The land and
contracts turned over to this company April 1 were as follows:
77,275 32-100 acres of land unsold; 57,177 96-100 acres of land
under contracts; 1,578 town lots. Estimated value of lands,
:
$3,036
13,861
4,912
General salaries
Contingent expenses
The President remarks
prospective.
GENERAIi INVESTMENT NEWS.
Atchison Topoka & Santa Fe.— At Topeka, Kan., May 11. th«
stockholders of this road held their annual meetmg. The Hon.
Thomas Nickerson, of Boston, declined a re-election as President, on account of failing health, and Mr. T. Jefferson Coohdge
was elected to that position unanimously. Mr. Coohdge is one
large
of the heaviest stockholders in the company, and is also a
stockholder in the Chicago Burlington & Quincy. The complete
Directors, T. Jefferson
list of directors and officers is as follows
Coolidge, Boston, Ma.ss.; Alden Speare, Boston; J. "r. Bun, Bo«Thornton; B. P. Cheney, Boston; J. C. Paine, Boston; S. L.
dike, Boston; W. "Rowell Mason, Walpole, N. H.; S. A.Kent,
:
$195,238
365.658
$129,579
THE CHRONICLE.
514
Chicago, 111 C. K. Hollida.r, Topeka, Kan.; B. F. Stringfellow,
Atchison, Kan.; L. Avery, 'Emporia, Kan.
;
Baltimore \- Ohio— San. Man. & Newark— Cent. Ohio.—
de.spatch from Col umbu.s, Ohio, May 19, Hays: "The directors of
the Central Ohio and .Sandusky Maiisfleld & Newark railways and
the officei-s of the Baltimore & Ohio Kailroad met in this city today, and latified leasees which give the Baltimore & Ohio Kailway control of the other two lines until Dec. 1, 1926.
—
Bnrlingrtoii & Mls.«oiiri in Nebraska. In giving an account
of the annual meeting last week an erroneous statement was
copied f V' 'in a Western press report as to the issue of stock on
consolidation of this road with the Chicago Burlington &
Quincy. The Chicago Burlington & Quincy Kailroad Company
gives six of its shares for every five shares of the Burlington
& Mis.souri River Railroad in Nebraska, and the same for
Republican Valley Railroad shares.
Central racifte.— The trustees of the six per cent Central
Paeiiic Railroad land grant bonds have advertised in the
Ami lii-an newspapers that they are prepared to buy ^350,000 of
the.se bonds for the sinking fund.
Chicago Milwankee &
St.
Tnul- Chiengro Clinton Duhnqne
Valley.— .\ despatch from Milwaukee, Wis., says that the Chicago Milwaukee & St. Paul Company
has purchased the Wisconsin Valley Road, sixty-nine miles from
Tomah to Wausau, Wis., and secured the lease of the Chicago
& Minnesota— Wisconsin
Dubuque & Minnesota Road, adding about
new road to the Chicago Milwaukee & St. Paul.
Clinton
400 miles of
despatch from Dubuque, Iowa, said " It is confidently
the Chicago Clinton Dubuque & Minnesota
Bailmad was leased to the Chicago Milwaukee & St. Paul.
A
[Vol.
miles additional, making 73 miles, and expects to open 10 miles
more within thirt.y da.vs.
.
Manhattan— Nen York Elevated— Metropolitan
ed.
Elevat-
—Special me?tin>^s of the stockholders of the New York, the
Metropolitan and tlie JIanhattan Elevated Railway Companies
were held May 17 to ratify the action of the directors of the
Manhattan Company, in calling for the issue of §4,000,000
second mortgage bonds b.v the Metro])olitan Company, to complete its roads. Of the total amount, 5^2,500,000 is to"be substituted for the lately-issued debenture bonds !S7r)0,000 is to be
returned to the New York Elevated Railroad, according to the
decision of arbitratoi's, and ;j;50,(!00 is to pay for terminal
facilities.
The Manhattan Company guarantees the interest on
the bonds, the Metropolitan Company guaranteeing the prinIt is stated in some of the reports regarding this matcipal.
ter that the interest on these new bonds will be a charge on
the Manhattan Company, and will not be charged against the
rental of the Metropolitan road, so as to reduce" its dividends. All the companies appro.ved the action almost unanimously. At the meeting of the New York Elevated Railroad
Company Mr. Cyrus W. Field handed the World rejMrter the
following statement of the business done by the Manhattan
Company during the six months ending March 31
;
Tllllil)
AM) MNTH -WENUIi LINKS
rir.st tliree nioiitlis
Second I iuee molitll.s
(S. V.
ELEVATED).
Enruiii^rs.
!?(j87.016
Oiienitnig
expenses.
Si3:i 1,973
645.551
354,107
TotiUnct earnings
Net
earnings.
$352,042
291,381
$613,427
:
believed that
XXX.
J^j-pciuJitures.
Interest on $8. "00.000 bonds six nontlis
$207,500
Dividend on $6,500,000 ttock, at ten per eeut per
aunnui
325,000—
lease is for ninety-nine .years, and includes the 180 miles
Fixed cliarges
622,500
of main line to Clinton, to La Crescent, the Cascade narrow
Surplus
$20,927
gauge of thirty-six miles, the Waukon narrow gauge of
SECOND .V.ND SLXTH AVESUE LIXES (METROPOLITAN).
twenty-four miles, the Caledonia narrow gauge of sixty miles, V
Operating
Net
making
miles,
standard
gauge
of
107
and the Wisconsin Valley
Earnings.
expenses.
earnings.
407 miles in all. The terms of the lease are not made public
First three montUs
$443, 4n5
$214,729
$228,765
It is probable that the transfer will be made by the first of June Second three niOLths
473,172
291,265
186,907
next. The Chicago & Northwestern Company was anxious to
$.115,673
Total net earnings
with
the
inspecting
it
recently
property,
and
had
been
this
get
Expenditures.
view of taking it."
Interest on $^..500,000 bonds, six mouths
$255,000
Chic. Mil. & St. Panl— Southern Minnesota.— Holders of Dividend ou .fii, 500,000 stock, at 10 per cent per
•
325,000—
annum
"
pink bonds can exchange the same for bonds of the Chicaso
ehavges
$580,000
Milwaukee & St. Paul Railway Company-, issued on its SoutTi- Fixed
These figures, Mr. Field s.aid, show that the New York Eleern Minnesota Division. Notice is given that the nine per cent
notes of the So. Minn. Company, issued for the purchase of the vated Railroad Companj-, after paying working expenses,
1st mortgage bonds of the Central Railroad Company of Min- interest on its 7 per cent bonds, and a dividend of 10 per cent
nesota, will be paid on presentation at the otRee of the Chicago on its stock, has a surplus of §20,927. The Ninth Avenue load
Milwaukee & St. Paul Railway, No. 68 William Street, and that has just been completed all the way through, and the receipts
will undoubtedly be increased during the present six months.
interest on said notes will cease on July 1, 1880. Southern Minnesota extension bondholders are notitied that, pursuant to the There is but one month's work to the credit of the Second
terms of the mortgage, the first mortgage 7 per cent bonds of Avenue line. In this month the net earnings of the road over
The following table shows
this company will be redeemed on presentation at the oftice of the operating expenses were ijii),299.
the Chicago Milwaukee «S: St. Paul Railway Company, and that the result of the Manhattan Company's business for the six
months ending March 31:
interest on said bonds will cease on January 1, 1881.
$1,059,100
Si.v months' total net earnings
Cliicago Bock Island & Paciftc— The following is an ofiieial Six mouths' total Hxed charges
1,202,500
statement of the earnina^s and disbursements of the Chicago
$143,399
Deficit
Rock Island & Pacific Railroad Company for the fiscal year
The following- table shows the passenger travel on the
ending Ajiril 1, 1880:
Gross earnings
$11,061,002 various lines during four daj's:
Kcceiins from laud dei>artment
Totals.
350,000 Thurs., May 13—
2d av.
3d av.
6th av.
9th av.
190,585
81,626
66,174
16,073
26,712
Passengers....
Total gross reeeiirts
$1 1 .41 1 ,662
Revenue
$1,87120 $5,797 65 $5,174 30 $1,093 60 $13,936 75
The
'
Operatiuj; exiteuses. Including taxes
5,796,.'J46
May 14—
Frl.,
Passengers....
$5,615,116
FIXED CH.VRGES.
Inlei'eet
on bonds
Interest on C.
<fc
S.
Western bonds
Keokuk & Des Moines Railroad
Rental Peoria i Bureau Vallev Railroad
Eenliil
KcutalHauuib.al
Net earnings
—Or nearly
&
St.
$590,610
350,000
141,389
125,000
Joseph RiiUioad
1,
1879.
$9,409,833
5,079,872
$1,329,960
FIXED CHAB0E8.
Rental Keokuk & Des Moines Railroad
Rental I'eorla & Bureau Valley Railroad
$589,830
35o ,000
68,750
125,000— 1,133,580
Net earnings
1523i£Ki
Sun.,
$4,401,968
Interest on bonds
Interest on C. & S. Western bonds
Or
Revenue
i)cr
Grc88 earnings.....
Operating ijsi>eu8cs,taxe?,. &«,,,,,,..,,.,,
$3,196,380
per cent on capital utock.
Connecticut Central— New York &New Ensrland.— A cirNew York & New England "Railroad Company, as lessee, will assume control of the Connecticut Central
Kailroad and its leased line on the 1st of June proximo. The
Connecticut Central Road extends from East Hartford to Longmeadow, twenty-two miles, and thence seven miles to Springfield by the leased Springfield & New London Road,
ft has
also a branch from Melrose to RockviUe, seven miles.
Great Western of Canada.— The directors of the Great Western Railway of Canada announce that they are prepared to pay
***' by anticipation, the seven per cent bonds maturing on the
1st of October, 1880, and to issue in exchange for the seven
per
cent bonds due on the 1st of October, 1882, an equal amount of
five per cent perpetual debenture stock registered on the
books
of the company, and carrying interest from the Ist of February,
cular states that the
•
1880.
Houston East
& West Texas.—This road
is
May 15—
Passengers....
6,148— 1,213,147
to stock
cent on capital stock.
Same for xiretious year ending April
21
Revenue
Sat.,
now operating
12
May 16—
196.933
84,469
67,819
17,234
27,416
$1,865 85 $5,850 75 $5,146 50 $1,135 40 $13,998 50
209,334
28,577
73.820
17,654
89,283
$2,020 3 J $6,402 95 $5,780 00 $1,21195 $15,42120
79,849
Passengers
Revenue
$
—
47.637
13,109
140,595
$6,68115 $3,86140 $1,103 05 $11,65120
The contestants of the sale of the
Missouri Paciflc.
Pacific Railroad of Missouri, under foreclosure, are persistent in their efforts to overturn that sale. The Supreme
Court of the United States lately decided their first suit on
appeal, and now they have begun a new suit in Missouri, in the
United States Circuit Court, the effect of which, if successful,
will be to set aside the decree leading to the foreclosure sale
and the subsequent acts by which Jay Gould obtained possession of the Missouri Pacific. The title is the Pacific Railroad
of Missouri ««. The Missouri Pacific Railway Company etal. It
is an equity case, and is to set aside a decree entered in this
court on June 6, 1876, in the case of George E. Ketcham rs.
The Paciflc Railroad et al., for alleged fraud and for want of
The petition is sworn to by R. L. Cutting, Jr.,
investigation.
is a printed volume of 164 pages, and contains
Fraudulent practices and deception
over a hundred counts.
of the court are alleged, and it is prayed that the court will
appoint a receiver to take possession of "the property and operAmong the parties
ate it during the litigation expected.
defendant are named the Missouri Pacific Railway Coinpany,
Cornelius K. Garrison, Russell Sage, Jay Gould, Wm. R. Garri-
President, and
son, &c.
New Jersey Midland.— Receivers Hobart and McCulloh, of
New Jersey Midland Railway Company, have delivered
the
possession of the road and all its appurtenances to the latelyorganized " Midland Railroad Company of New Jereey," which
was organized by the first mortgage bondholders.
New York City & Northern. This company has leased the
West Side & Yonkers Railroad for 999 'years. The American
Exclumge reports that the West Side & Yonkers Company
—
Ma7
22,
THE CHRONICLE.
U80,]
organization is to be maintained, as it was organized under the
provisions of the Bapid Transit Act. The old indebtedness of
the two roads was as follows
New YoiU City A: Noitliein tli-st mortgage honda.. $1,800,000
:
2,'J5O,00O
1?4,050,000
$l,00<(,ooO
-100,000
Stock
West Side
Stock
& Youkers first mortgaKe bonds
1.400,000
645^
The adjournment of the meeting dntll August was made to
allow of a report for the full fiscal year, which will ^nd June 30
next, being then presented to the stiVkliolders, and it is contemplated thereafter to hold the amiual meetings at that period
of the year as most convenient.
The opeiti^ions of the road for the ten montlu since the
reorganization show the following resolts
Total earn lugs from all soiirceii
i!'2,3'W,297
:
Oi)enitiijg exl)clJ^»:K
i
$5,4B0,0<><)
Total
,078,973
Leaving net eaiiiiugii
411,28(1,313
consolidated 6 per cent mortgage of $4,000,000 will be
The operating expenses were 46 60-100 per r^nt of the grow
created, and the bonds issued under it exchanged for the
earnings.
The
work
accomplished
during the period under
present 7 per cent bonds of the two companies. In order to
review comprised the building of ninety-niin- and on<>-luU{
render the exchange equal, on account of the reduced rate of
miles
new
of
road
from
Alexandria
to
HarnHSvillc, and of foarinterest of the new bonds, .•?3.427,3SI) new bonds will be issued
teen and one-half miles from Fisher's Landing to (irand Foriut,
for the $2,800,000 bonds already outstanding. This will leave
the building of eleven and one-half miles of new graile west
S'.")72,6J0 bonds in the Treasury." The united capital stocks will
from Grana Forks, tlie relaj-ing of seventv-flve and threebe increased from $2,G.')0,000 to $:i,000,000, the surplus to be
The new consolidated fourths miles from St. Paul to Sank Rapids with steel rails, the
retained for construction purposes.
building of three miles of road from St. Paul, making a double
bonds have already been placed with a syndicate composed of
track for that distance, and the building of thirteen and threeMessis. Drexel, Morgan & Co., Charles F. Woerishotfer & Co.,
fourths miles of additional side-tracks. The most iiniv)rtaat
Mr. Henry Villard, and others. It is expected that the bridge
improvement during the ten months is six new engineacross the Harlem River, connecting the New Y«rk City & f)ennanent
loases, two new shop-buildings, twenty-two new pas.<*enger and
Northern line with the Eighth Avenue elevated road, and also
freight depots, six new freight houses, two general freight
the entire line, will be completed by autumn.
houses, and a block for general offices in St. Paul. There ban
New York & New Kiigland. A special meeting of the stock- been added *o the storage facilities of the road forty-ni'.ie new
holders of the New York & New England Kailroad corporation elevators, with a capacity of 2,000,000 bushels. Ground
ha<i
was held at Bciston to decide whetlier they would accept the been acquired for the construction of new shops in St. Paul,
following-named acts, passed by the Legislature of the Ccjui- and to cost $150,000, The work contemplated for the present
monwealth: An act approved April 24. 1880, entitled, "An act to season is the construction of the St. Cloud & Lake Traverse
enable the New i'ork & New England Railroad Company to line, about forty-eight miles, and the line from Ureckenridge
acquire terminal facilities for freight purposes," and au act north, about 200 miles j the relaying of 200 miles with steel
approved Februa,ry 16, 1880, entitled, "An act to authorize the rails, the building of a double-track bridge and the union pasNew Y'ork & New England Railroad Company to hold stock in senger depot at Minneapolis ; the extension of a spur of about
steamboat companies ;" also to determine what action they will live miles on the north shore of Lake Minuetonka.
take under the provisions of said acts.
The transactions of the land department from June, 1879, to
Both acts were accepted, almost unanimously, and it was .\pril, 1880, inclu.sive, are as follows
voted that the Treasurer, with the approval of the directors, Number of acres »old for casli
30, 31
189,277
be authorized to subscribe for and hold, in the name -if the Number of acres sold ou credit
company stock not to exceed in the aggregate the par value of
Total sales
\i2ti,lOti
$500,000 in any company running steamboats or barges in conAmount of cash sales.
nection with the New Y'ork & New England Railroad.
989,108
018,978
General Wilson gave the following statistics of the road's Amount of credit sales.
business during the last seven months: Gross earnings for
Total amount of salts
$1,008,086
seven months ending with April, 1880, §1,230,7G5; same time
9**9
last year, $1,07(5,969; increase, $i03,79«, or 19 4-5 per cent, with .\vcrage price jier acre
$37,018
not an increase of a mile of track. The operating expenses Amount allowed for breaking
Number
of town lots sold
168
were i?8C3,459; last year, $819,407. The net earnings for the .Vmouut of sales of town lots.
$9,661
seven months were $367,216; last year, $207,5*51; increase,
Receipts from cash sales.
$S9,108
$159,655, or 56/^ per cent. He said:
117,239
" This shows an ample margin on business done under the Receipts from credit sales.
Receipts from interest
58,2:43
strongest competition. We»should have from $750 to $900 per
Total receipts from land sales
day net earnings, too, on added business for which negotia$264,570
ISO
,
tions are now being made. Negotiations are on foot f<.ir a neposit
Receipts fi'om town lot sales
•
9,280
million bonds at the reduced rate of six per cent. Arrange- l!eceii)t,s from grass sales
651
ments are in progress for the road's extension to the Hudson
Total receipts
$274,552
River. The whole line will be open at an early date. 750 box
cars, 150 tlat ears, eight passenger cars and seven heavy Mogul
From the proceeds of land grant sales and other real estate
engines are contracted for, at a cost of $500,000, which will specially devoted to a sinking fund for the retirement of the
yield an added revenue of twelve per cent on theoutlaj'." Gen- first mortgage bonds, the company has been enabled to reduce
eral Wilson described the proposea system of floats on the Hud- its bonded indebtedness to the extent of $340,200 during the
son. He said that a large percentage of earnings was expected first ten months of its operation.
on both the New Y'ork and Pennsylvania business of the road.
The Cincinnati Enquirer .«ays that arrangement has been
He stated also, in reply to a question, that the road, upon com- made between the Minneapolis & Northern and the St. Paul
pletion to the Hudson, would connect with the Ontario & West- Minneapolis & Manitoba Railroads whereby the former road is to
ern Road ^formerly the New Y'ork & Oswego Midland), which build forthwith one hundred miles of road from Minneapolis
had $7,000,000 in its treasury, forming an independent line to northwest into the section lying between the branch and main
Lake Ontario. Onl.y a short line of road was needed to make the line of the Manitoba Road. The Minneapolis k Northwestern,
connection complete. This would be built, and the road connect originally a narrow-gauge road, had voted to it by Jlinneapolis,
with the N. Y. & New England either at Newburg or Fishkill.
a year ago, a bonus for 250 miles of road at the "rate of $1,000
Phil. Viil. & Bait.— West Chester & Philadelphia.— The per mile. It is to secure this bonus to the St. Paul Minneapolis
managers of the West Chester Company have aeceiitfd the prop- & Manitoba that the first-named company builds the propcsed
osition of the Philadelphia Wilmington & Baltimore Railroad, to Iliad, the funds for which are to be supplied by the Manitoba
purchase two-thirds of the stock at par and guarantee its bonds, Company, which is to have a perpetual lease of the same. Ten
which will enable the Philadelphia Wilmington & Balti- miles of the line are to be built before January 1st next
more Road soon to come into possession of the proijerty. This year, fifty miles during the same year, and the remainder by
is done to prevent the contemplated new line from Baltimore to January 1, 1884.
Philadelphia from acquiring possession of the West Chester
ShILs on State Bonds.— Governor Cornell ha-s signed the
Railroad, for which it was making overture^. This road is l)iil to protect the rights of citizens of this State owning and
about twenty-six and a quarter miles long, and has $821,300 holding claims against other States. Mr. John B. Manning of
capital and ^1,162,512 debt, of which $1,100,000 is bonded debt. this city, to whose efforts the passage of the bill is largely due,
fSt. Paul & Uiiluth.
The following is an ofBcial statement of furnishes us the full text of the act.
It provides that any citizen of this State, being the owner
earnings and expenses from January 1 to April 30
and holder of any valid claim ajrainst an^v of the [Tnited States
1880.
1870.
Total earnings
$144,300
$!Ol,:)'j(i
of America, arising upon a written obligation to pay money,
Exiicnsea
120.705
84,!)4'J
made, executed and delivered by such State, which obligation
shall be past-due and unpaid, may as.sign the same to the State
Net earnings
!iil(),."),-4
$2:^..W4
St. Paul Minneapolis & Manitoba.
The shareholders of of New York, and deliver the a.ssignment thereof to the
Upon the execution and delivthis company, which is the succes.sor of the St. Paul & Pacific, Attorney-General of the State.
have just held their annual meeting at St. Paul. The meeting ery of such assignment and furnishing the security, the Attorneywas called in accordance with the by-laws of that company, General shall bring and prosecute such action or proceeding',
but was adjourned untU the 12th day of August, after the in the name of the State of New Y'ork, as shall be neces-sary for
necessary business of the company had been transacted. The the recovery of the money due on such claim, and the money
board oif directors elected was as follows
George Stephen, collected is "to be paid to the assignor.
Montreal ; Donald A Smith, Montreal ; 0. H. Northcott, LonUnion Paeiflc. This company has issued a notice to stockdon, Eng.; R. B. Angus, St. Paul N. W. Kitson, St. Paul ; J. holders of a proposed meeting in "Omaha on August 18, for the
J. Hill, St. Paul ; R. B. Galusha, St. Paul, and the officers purpose of c^iterraining by vote their assent to or dissent from
appointed were the same as last year. George Stephens, Presi- the articles of union and con.solidation. Nearly all the 8to<!kdent R. B. Angus, Vice-President ; Edward Sawyer, Secretary holders have already assented to the consolidation, and the
and Treasurer ; the chief executive officer being James J. Hill, purpose of this meeting is merely to have the assent take the
General Manager.
form of a recorded vote.
A
—
:
—
—
.
.
.•
—
—
:
—
:
;
;
—
IHE (.HRONK.LE.
54B
5lte (^omintvc'ml
XXX
O O T T O N.
^imes.
Friday, P. M., May 31, 1880.
Crop, as indicated by our telegrams
from the South to-night, is given below. For the week ending
this evening (May 31), the total receipts have reached 26,514
bales, against 24,636 bales last week, 25,661 bales the previous
week and 30,858 bales three weeks since, making the total
receipts since the 1st of September, 1879, 4,715,678 bales, against
4,372,603 bales tor the same period of 1878-9, showing an increase
since September 1, 1879, of 343,070 bales. The details of the
receipts for this week (as per telegraph) and for the corresponding
weeks of four previous years are as follows:
Thb Movement op the
COMMERCIAL EPITOME.
Friday Night. May*21, 1880.
General trade is up to a fair average for the season, now well
advanced toward summer. The weather has been warm and
dry. Complaints of drought are received from many sections,
and among the
rVoi.
serious results of the want of rain are destruc-
New Jersey, New York and PennSpeculative circles, whether in railroad securities or
in staples of domestic products, are very unsettled in tone, and
the course of prices variable and irregular. The money market
tive fires in the forests of
sylvania.
Receipts this w'k at
New
Orleans
.
,
;
;
;
the spot at 7'12%@7'17/2C., closing at 7"15c.; for future delivery,
sales of May and June, 7"15c.; July, 7'20c.; August, 7"25c.
September, 7"32^e.; refined to the Continent sold in a small
way at 7/^e. Beef and beef hams are quiet. Butter and cheese
have bad a fair sale, with the prices for the latter weak and
irregular for all but the choicest brands. Tallow is quoted at
543
general dulness of trade;
. .
1878.
1877.
3,996
1,575
1,734
1876.
4,179
573
869
146
6,247
1,226
608
2,679
12
7,465
12
28
1,965
3,718
22
2,933
39
5
2,592
7
139
168
883
595
5,466
68
2,727
2,282
890
1,236
88
2,81ft
249
20,514
16,673
19,732
12,147
10,330-
277
2,560
1,373
1,149
713
189-
1,913
1,323
4
4,147
38
1,519
6
347
98
Total since Sept. 1 4,715,678 4,372,608 4,177,884 3,895,974 4,004,104
The exports for the week ending this evening reach a total of
44,043 bales, of which 30,363 were to Great Britain, 4,766 to
France and 9,014 to rest of the Continent, while the stocks as
made ud this evening are now 453,686 bales. Below are th&
exports for the week and stocks to-night, and a comparison with
the corresponding period of last season.
Week
in the
1,506
;
;
Naval stores have shared
804
3,051
1,230
884
;
;
1879.
7,419
MobUe
has become quite easy.
Charleston
past
The provision market has been very variable during the
Port Royal, &c..
week, and the general course of prices downward. The reduced Savannah
prices have brought about a somewhat better trade. To-day Galveston
there were further declines and much weakness new mess Indianola, &c..'..
pork was sold on the spot at $11 15@$11 30, the latter an extreme Tennessee, &o.
Florida
price no sales for future delivery May, $11 15@$11» 30 June, North Carolina.
$11 15@$11 30 July, $11 15®|11 30
August, $11 20@$11 35
Norfolk
September, $11 30@$11«40 bid and"asked. Bacon has also de- City Point, &o..
clined, with long and short clear together quoted at 65^c.
Total this week
Lard showed a further reduction prime Western was sold on
;
1880.
ending
good May
EXPORTED TO—
Great
France.
Continent.
this
Same
Week
Week.
1879.
Total
STOCK,
1880.
1879.
26^@27c., strained to
Petroleum, on the contrary, N. Orl'ns
1,315
4,066
3,292
8,673
10,185 157,825 58,478
has advanced, in sympathy with the heavy speculation in crude Mobile..
24,365
6,256
Charl't'n
1,835
1,835
5,381 14,514
1,678
certificates; refined in bbls. quoted .^here at;7Mc.
Certificates
Savan'h.
4,442 10,613
4,336
were easier at the close, though very firm at 85c., and closing
Galv't'n7,211
7,211
4,198 15,018
5,564
at 82;)^c. bid. Metals are without changes of importance. Pig N. York.
16,154
700
2,467
19,321
4,763 178,399 164,550
iron appears more steady at recent prices, and rails have had Norfolk1,420
1,420
5,499 17,952
5,562
5,582
an active movement at more regular figures. Ingot copper Other*..
5,582
3,039 34,000 18,000
quiet at 18J^c. for Lake.
Tot. this
In ocean freight room a steady movement has been effected,
week..
30,262
4,766
9,014
44,042
37,507 452,686 264,424
the demands coming principally from the grain trade rates rot.slnoe
have shown some irregularity at times, though, on the whole, a Sept. 1.. 2258,514 343,2151785,976 3387,735 3273,518
Steady tone has been maintained. The engagements and char•The exports this week under the head of " other ports" include, from Baltimore, 2,451 bales to Liverpool; from Boston, 2,163 bales to Liverpool; from
ters to-day included:
Grain to Liverpool, by steam, 5d. Philadelphia, 963 bales to Liverpool.
standard bushel
From the foregoing statement it will be seen that, compared
provisions, 30@35s. grain to London, by
steam, 5d. standard bushel; do. to Glasgow, by steam, 53^d.; with the corresponding week of last season, there is an increas&
do. to Hull, by steam, 5^d.; grain to Cork, for orders, 4s. 9d. in the exports this week of 6,535 bales, while the stocks to-night
perqr.; do. to London, 4s.; do. to Bordeaux or Antwerp, 48. are 188,363 bales more than they were at this time a year ago.
In addition to above exports, our telegrams to-night also give
6d.; do. to Rochefort, 4s. 7^d.; do. by steamer to the Continent,
us the following amounts of cotton on shipboard, not cleared, at
5s. 6d.; do. by steamer to Havre, 5s. 3d.; refined petroleum
the ports named.
We add also similar figures for New York,
to. Bristol, 2s. 5d.; do to London, 33. 4^d. for a small vessel;
do
which are prepared for our special use by Messrs. Carej, Yale &
to Trieste 3s. 7>6d.
Lambert,
Beaver
60
street
Kio coffee has latterly been more active, and has advanced to
14^c. for fair cargoes, notwithstanding a large stock both here
On Shipboard, not cleared— for
and afloat mild grades have sold to only moderate extent, and
Leaving
Mat
21, AT—
Great
Stock.
•with a large supply on hand— now 82,824 bags and
France. Other CoastTotal.
157,384
Britain.
Foreign
wise.
mats—prices have declined both Rio and mild close very quiet.
Rice has been in good demand and firm. Molasses has been New Orleans
26.104
346
36,309 121,51(>.
5,421
4,438
Mobile
3,600
17,365
None.
None.
7,000
3,400
less active since the large sales of last week, but there has
been Charleston
10.814
3,025
None.
600
75
3,700
a moderate business in refining stock at 35o. for 50-degrees test Savannah
None.
100
10,513
None.
None.
100
and grocery grades have sold moderately within an easier range Salveston
2,160
None.
11,103
739
1.016
3,915
of quotations. Tea has continued to decline at the auction sales, New York
10,300
None.
None. *21,200 157,199
6,400
4,500
46,952
None.
None.
500
5,000
and the market on the street has been correspondingly de- Other ports
pressed. Raw sugar was very dull until a few days ago,
Total
49,689
1,021
77.224 375,462
6,160 15,854
when
a better demand sprang up, and large sales were made on the
* Included in this amount there are 4,500 bales at presses for foreign
• cost and freight
" basis. Prices remained firm at 7j^@7%c
ports, the destination of which we cannot learn.
for fair to good refining, but to-day an advance of
The following is our usual table showing the movement of
1-I6e on
these prices was quoted. Refined has latterly been
more cotton at all the ports from Sept. 1 to May 14, the latest mail dates
active at some advance. The following shows the
statistical
RECEIPTS SINCE
EXPORTED SINCE SEPT. 1 TO—
position of raw
turpentine closed at
strained rosins, $1 35@$1 40.
spirits
21. Britain.
;
;
;
;
;
:
^
„
Eeceipts since May 1,
.
Hhrts.
PORTS.
Boxes.
Baes.
Mclado.
1880
51,540
367
189,874
2,463
Bales since May 1 1880
26,631
200
96,937
591
Stock May ) 9, 1880
112 449
6,465
806,447
4,878
Block May 21, 1879
52,512
26,329
745,016
2,106
Kentucky tobacco has been without new feature. There is
a
Great
1879.
1878.
Britain.
Other
France. Foreign
Stock.
Total.
,
moderate demand, mainly from shippers. The sales for
week are 700 hhds., of which 550 for export and 150 for the
home
consumption. Prices are firm, lugs being quoted at
4@5J6c
and leaf at b@12c. Seed leaf has been rather more active,
the
feature of the trade being sales of considerable lines
of the
crop of 1879
Iransactions for the week aggregate 1,414
asfoUows: 574 cases 1879 crop, Pennsylvania, private cases,
terms
400 cases 1878 crop, Pennsylvania, 10c. to 21c.; 140
cases 1879
crop New England, private terms 200 cases
1878 crop, New
^ingland, 12c. to 21c., and 100 cases sundries,
9e. to 18c
The
business in Spanish tobacco embraced
650 bales Havana at
;
85c.(a$l 15.
N.Orlns 1438,694 1160,168
Mobile. 347,072 358,854
Char'n* 470,092 511,746
Sav'h.. 717,036 697,151
Galv.*
460,171 549,054
N.York 189,276 146,041
Florida
20,124
56,221
N. Oar. 102.350 133,852
NorTk* 690,819 549,079
Other.. 253,530 193,769
rUsyr. 4689,164
800,598 242,401 235,259 1278,258 151,098
99,858 24.899
76,260 10,143 13,455
150,728 19,422 160,193 330,343 15,89i>
185,152 18,950 218,440 422,542 11,906
204,343 22,826 48,663 275,832 23,591
360,025 22,051 59,690 441,766 188,424
23,863
219,111
£08,202
1,177
1,479
2228,282 338,449
10,447
7.492
23,323
35,487
228,082
231,525
1,920
12,624
31,00O
461,342
776,962J3343,693
liMt ye ar
4355.9351923,755 399,780 912.476.3236,011 294,549
• Under the head of Charleston is included Port Royal, &c.; under the head of
Qalveiton is included Indtanola, &c.: under the head of HorfolK is Included City
Point. &c.
May
THE CHRONICLE.
23, 1880. J
There was a buoyant market for cotton on Saturday last,
making a further advance. On Monday and Tuesday the
Cotton Exchange was closed for the Whitsuntide holidays. At
the re-opening of the Exchange on Wednesday there was renewed
buoyancy, favored by stronger foreign advices and the considerable reduction which stocks had undergone, through the large
exports and the increased demand from home spioners. But
later in the day Liverpool reported some decline, and the very
favorable reports from the growing crop began to be discuBsed
and, under these influences, prices fell from the highest figures of
the morning 20@38 points, September showing the most weakness.
June suffered from the apprehension that an undue prot
portion of the poorer grades will be delivered on contracts for
that month. Yesterday the opening was weak, but a demand to
prices
;
cover contracts caused a firmer closing for this crop; but the next
remained depressed. Today there was a general decline, in
sympathy with Liverpool accounts. Cotton on the spot has been
only moderately active. Quotations were advanced ic on Saturday and 1-lCc. on Wednesday morning, but the close on Wednesday was easier and yesterday there was a nominal decline of
l-16c.
To-day some of the low grades were l-16c. lower, and
the market was quiet at 11 13-16c. for middling uplands.
The total sales for forward delivery for the week are 449,500
bales, including
free on board.
For immediate delivery the
total sales foot up this week 6,601 bales, including 1,779 for
export, 4,773 for consumption, 50 for speculation, and
in
transit. Of the above,
bales were to arrive. The following
tables show the official quotations and sales for each day of the
past week:
;
NEW ORLEANS.
Mon Tnea Sat. mon Toes
UPLANDS.
Mav l,^ to
May 21.
Sat.
Sat.
908
Strict Orel.. lOis
10>4
Good Ord..
95a
I014
10%
10%
lUlO
ll'io
119i6
G'd Ord 1015]6
Low Mldd's IHie
fltr.L'wMid 11=8
lt"lG
11%
Fair
1'2»1«
131)6
13li|6
139,0
Wei
Tta.
Frl.
Wed Th.
Ordin'y.SB> 91I16 9»8
Strict Ord. 103,8 IOI9
911,6
99i6
101,6 105,
Good Ord.. IOII16 1058 1058 1013J6
fitr. G'd Ord 11
1015,1 1015,6
Low Midd'g III3 Ifld Ifie 11«8
Btr.L'w Mid llHie 11=8 1158
1113,6
Middling... It's
1113,6 1113,6
Gtood Mid.. 1214
123,6 123,6 12%
Btr. G'd Mid 1213
127,6 1258
Midd'g Fair 13
131*16
"16 1316
Fair
13=8 139
139,,
13%
958
IOI4
im
STAINED.
^p
IjOW Middllne
Middling
99,6
103,6
10 34
10%
ll'ie
119,6
11»18
119,6
10%
10%
III16
119,6
11116
119,6
11%
11%
1U3,6 11%
I
1
niaiiiTaes
Wed
Hon- HoU-
93,6
1018
day.
10%
day.
11^6
1138
Fri.
958
IOI4
911,6
106,6
1013,6
Ills
1158
99l(.
103,6
125,6 1-25,6 1238
129,6
1258
131,6 131,6 1319
1311,6 1311,6 13%
913
101,6
1011,6
1
Frl. IVed Til.
1216,, 1115,6
Sat.
Good Ordinary
fltrlct Good Ordinary
11%
1216,6
126,6
129,6
131,9
1311,6
1116,6
125,6
129,6
131,8
1311^6
Th.
Frl.
9%
91,6
10
101,,
1011,8 1011,6
ll^ia 11°1S
SALES.
Ex-
CLOSED.
Finn at
port.
adv...
625
. Easier at 1 ,6 adv.
Tliurs Quiet at 1,6 dec.
Fri. .jCjiuet, rev. quo..
3.il
flat
.
.
Mon
Wed
"s
Con- Spec- Tran- _
sump, ul't'n sit. total.
130
Deliv-
Hales.
eries.
755 122,600
600
2,724 140,500
1,814 95,400
1,308 91,000
900
000
400
6.601 449,500
2,500
.iHoliday
Tues. 'Holiday
Total
700 1,974
50
1,460
100 1,208
1,779! 4,772
IT.
50
Tlie daily deliveries given above are actually delivered the
Tious to tliat on wliicli tUev are reported.
day pre-
For forward delivery the sales have reached during the week
449,.500 bales (all middling or on the basis of middling), and the
following is a statement of the sales and prices
:
For May.
Ct9.
Bales.
lOoa.n.SOthireo
11-60
800
11-64
200
11-65
100
11-66
SOO
11-B9
200
11-7-2
100.
Bales.
Cts-
Bales.
1,100
2,100
1,000
1,700
U-90
1,400
Cts.
12-00
li-9l
11-92
11-98
70O
12-01
1,400
3.200
12-02
12-03
3,200
eo«
For June.
1,300
«,800
1,900
1,700
2,800
6,.S00
11-65
U-IS6
11-67
2,900
6,900
U-68
1,000
2,400
2,000
4.100
8,500
11-69
11-70
11-71
11-72
11-78
11-74
11-75
11-76
11-77
11-78
11-79
11-80
11-81
11-82
11-83
11-84
11-85
11-86
11-87
11-88
1,500
;r39
SOO
2.300
1,400
1,200
i,900
«,300
900
»'M
1,400
3,100
2.280
1,300
1,600
900...
SOO
1,»00
1.100
2.500
97.200
For July.
3,200
1,700
1,800
Bales.
2,200
"S*
Ct..
12-08
196,400
For September.
46,800
2,00a
3.800.
3,700
6,700
2,700
2,800
600
1,800
2,400
3,600
1,600
2.000
.ii-;o
.11-71
11-TO
.11-73
11-74
11-75
11-7B
11-77
11-78
11-79
11-SO
11-81
11-82
11-83
11-84
H-85
11-86
11-87
11-88
11-89
11-90
11-91
400
11-92
11-93
11-94
11-95
11-98
11-97
11-98
1,700
U-99
700
4,300
5,100
8,400
2,900
1170
200.
2.300
2,000
1,500
2,100
1,800
1.800
11-77
11-78
1,200
For August.
1,500
4,600..
6,710
8,700
15,400
5,900
5,100
4,800
7,700
11.400
6.500
4,100
9,800
7,700
5,100
3,600
2,200
6,900
200
7,000
8,400
7,900
4,000
5,400
6,600
8300
19,100
5,500
2,S00
6,100
<.ts.
10-58
10-69
10-80
10-62
10-83
10-B4
10-71
2.400
1. 100
2,7l»
10-88
10-69
10 70
1,100
iJts
IIOI
8,000
8,700
100
II'O?
100
10-79
1106
900
400
200
400
400
11-01
100
100
10-83
.10-148
SOO
900
..10-S4
1,400
I0-8i
600
a»««
600
kCC
900
800
600
100
600.
1,300
2.10
700
200
40O
lOOJ
'0-»S
11-OU
U-0»
„
ll-O* k
33,^
For Noyember.
10-81
10-82
10-84
10-85
lU'HO
10-8?
.«.. 10-88
10-90
SOO
200
700
700
vrus
10-96
4.8(]0
2.rM)0
10-74
10-75
lO-7«
10-77
10-78
10-80
300
1,100
1,800
CU
Bales.
m*)
200
800
800
»U0
100
600
800
800
BOD
400
10-48
10-49
10-4(1
10«
10-70
10-71
lO-M
10 74
100.
lo-n
900
700
700
10-74
lOMO
200
1,200
1,000
10-51
1,300
10-52
10-56
2,100
fnr December.
103»
10-T8
10-|»
10-80
10-tll
For Jannarr.
10-49
10-60
10-61
lOd
10-80
600
lo-ei
100
lO-W
lO-M
300
400
800
10-57
100
too
800
BOO
13,100
100
100
I0S8
..10-4«
..lo-n
..UHtt
ltt-77
10,800
1,801
200
100
800
un*
I'O..
800..
1,700..
100..
..
„....106«1
800
10-671
The following exchanges have been made during the week
-10
-03
•18
-o:
to
to
to
to
pd.
pd.
pd.
pd.
exch.
exch.
exch.
exch.
1.000
June for auk.
The following
will
exch. 800 June fur Aui{.
'OJpd. to exch. 100 July fur Auc.
'10 pd. to
200 May ». n. fur roir.
200 May for Auir.
300.July fur Aug.
I
-59 ihI. to exch. 900 Kept. r„r
-S7 |Kl. to exch. 100 Sept. fur
Aug.
Aq«.
of prices paid for futures,
asked at 3 o'clock, P. M., on each day In
I
show the range
and the closing bid and
the paat week.
Futures
Satardajr.
nioiiday.
Tacadajr.
Market.
Firmer.
Holiday.
Holiday.
For Day.
Blr.h.
Low.
Closing.
Auk
11-77 79
Bid.
For Day.
Closing.
Low.
Hl<l^,
Btd.
For Day.
Cloaiiiff.
Ask Blah, Low.
£ld.
—
47
80
SO
FiUttro
Hredneadajr.
Tharsday.
Friday.
Market.
Variable.
Variable.
Lower.
For Day.
May
...
Juue...
JiUy...
August.
Sept
October
. .
Nov
Dec'ber
Jau'ry
Tr. ord.
Closed
•
Low.
Closing.
Atk
For Day.
Closing.
Low. Btd. Ast
11-6166 11-66-11-64 11-68 70
11-93 11-71 11-71
11-75-11-6 11-74 75
1203 11-81 11-8182 11-8411-74 11-84 85
1203 11-83 11-83 84 11-87-11-76 11-88
U-57- ll-29!n-28 29 11-31-11-24 11-27 29
11-05- 10-80 10-80 82 10-83-10-75 10-78 79
10-80- 10-60110-60 62 io-eo-10-35 JO- .58 60
10-82- 10-60| 10-60 61 10-60-10-35 10-53 60
-10-61
filffA.
.Sid.
Atk
84
93
fflffft.
—
—
—
11-70
Easy.
11-70
Quiet. Ann.
For Day.
Closing.
/Ri/A. Low.
ad. Alt
11-65-11-60 11-56 58
11-72-11-65 11-64 65
11-84-1 1-70 11-70 71
11-8.5-11-73,11-73
74
ll-23-ll-15!ll-15 16
10-76-10-68|10-68 69
10-.'i2-10-4« 10-.50
51
10-51-10-49 10-50 51
—
-10-601
—
11-60
Barely steady.
—
1100.
May Wednesday,
:
11-60.
The Visible Supply of Cotton,
SALES OF SPOT AND TRANSIT.
SPOT MARKET
Bales.
10-91
10-92
10-93
10-94
For October.
Short notices for
UARKET AND
as.
300
1.500
... 11-72 HOC,
June... 11-89 11-73 U-83
July... 11-97 11-76 11-92
August. 12-00 11-79 11-94
Sept'br. 11-51- 11-40 11-48
October 11-03 10-92 10-98
Nov'bcr 10-84- 10-71 10-78
Dec'ber 10-81 10-71 10-78
JuH'ry 10-9011-30
Tr. ord.
Closed .
Steady.
1116,6
126,6
125,6
129i8
laija
123i6
..
Btr. G'd Mid IB'ja
Mldd'g Fair 12I",6
100
Bttlea.
49,400
moo. Toes Vay
11%
MldiUlug... 1113,6
Good Mid
Cts.
11-64
11-6S
11-96
11-67
1.100.
SOO.
1,500
TEXAS.
Ordln'y.^B)
Btr.
Balaa.
5-17
11-73
11-74
11-75
11-79
11-80
11-Kl
11-82
11-83
11-84
11-15
11-16
11-17
11-18
H-il
11-22
11-23
11-24
200
U-25
2,800
100
11-26
11-27
700
..
.11-28
n-85
2U0
11-29
11-30
11-86
11-87
11-88
11-89
11-90
11-91
11-92
11-93
11-94
11-95
11-96
11-97
11-98
11-99
2,200
11-31
200
600
U-32
900
300
11-33
1I-S4
11-38
11-39
1,100
U-40
20U
11-42
.11-43
11-44
11-48
11-48
11-49
ll-5«
3,500
1.800
2,<X)0
300
600
1-2-00
2.400
3.700
1,500
12-01
12-03
8,000.
500
,
Total Great Britain stock
Stock at Havre
Stock at Marseilles
Stock at Barcelona
Stock at Hamburg
Stock at Bremen
Stock at Amsterdam
Stock at Rotterdam
Stock at Antwerp
Stock at other oonti'ntal ports.
784,200
67,300
4,130
39,500
3,000
42.600
19,600
2,360
800
14,170
610,250
137,230
2.750
47,750
3,000
28,250
41,750
2,000
1,750
5,750
896.750 1,236,000
235,000
228.230
6,000
12.00
44.000
67,00
7.500
15,5
44.500
65,500
62,000
64,000
12.500
11.7.10
6,500
8,000
19,750
20,000
Total continencal ports
193,460
270,250
437,750
492,000
880,!500 1,334,500
1, ,728,000
172.000
347.000
18.000
294,506
28,310
4,000
355.000
236.000
31,000
453,197
45.838
2,00O
1119
11-20
100
2,700
3,900
as made up by cable and
telegraph, is as follows.
The Continental stocks are the figures
of last Saturday, but the totals for Great Britain ar,d the afloat
for the Continent are this week's returns, and consequently
brought down to Thursday evening; hence, to make the total's
the complete figures for to-night (May 21), we add the item of
exports from the United States, including in it the exports of
Friday only.
1879.
1878.
1877.
1880.
'..baiea
566,000
888,000 1,190,000
737,000
Stock at Liverpool
8,750
47,200
44,250
46,000
Stock at London
U-51
11-52
11-53
Total European stocks.. ^ 977,660
India cotton atloat lor Europe. 308.000
Amer'n oottoa afloat for Eur'pe 431,000
21,000
Egypt,Brazil ,itc. ,aflt f or E'r'pe
Stock In United States ports .. 452,686
87,003
Stock in U. 8. interior ports. .
6,000
United Stt tea exports to-day.
310.000
332,000
12,000
264,424
32.017
3,000
2,283,354 1,833,941 2,198,316 2 .851,085
Total visible supply
Of the aiiove, the totals of American and other descriptions are as toUows
Amenean—
Liverpool stock
Continental stocks
American afloat for Europe....
496,000
148,000
431,000
452.6^
United States stock
87,003
United States Interior stocks..
6,000
United States exports to-day..
Total American
455,000
232,000
332,000
264,424
32,017
3,000
671,000
372,000
347,000
294.506
28,310
4,000
757,000
396,000
236,000
453,197
45,88S
2.00O
1,620,691 1,318,441 1,716,816 1,890.085
THE CHRONICLE.
54-i
X<m Itutian,
187".
111,000
41.250
38,250
310,000
12,000
217,000
65,750
172,000
18,000
433,000
40.000
OO.COO
355.000
31,000
062,660
515.500
481.500
061.000
10..
1,620(194 1,318,441 1.716,816 1,990.083
28..
Contlueiital stocks
India afloat for Europe
Bgypt, BraisU, Ac,
1870.
1880.
afloat
8,7.50
Week
5..
Apr.
Total visible
Receipts at the Ports. Stock at Inter'r Ports Rec'ptsfrom Plant'ni
ending-
12..
Total East ludia. &0
Total Aiuerioan
P.Joe Mid. Upl., Liverpool
6i3i,rt.
....
.
6i8d,
71l8(\.
18..
23..
The above figures indicate an increase in the cotton in sight tonight of 419,413 bales as compared with the same date of 1879,
1878.
1870.
1880.
80.047
82.291
-5.723
83.286
78.400
60,202
60,608
t8,451 192,4651 185.819 303,279
61,368 169,838: 159,418 289,996
49.811 140.653 141,912;2S1,047
65.470
53.886
51,301
30.016
33.853
31.199
24,252
20,007
10,732
2..
2,283,351 1.833.941 2.198.316 2,851,033
supply
XXX.
HECEIPTS FROM PLANTATIONS.
1878.
211.000
47.200
45,400
308,000
21,000
Brazil, lie.—
Idverpool stock
l>)naon stock
fVoL.
30..
May
14..
1878.
1879.
1
1880.
1878.
48.082
40,033
28.362
39,009
31,977
87,291 220.938
78.962 204.154
71,546 188,65s
32,019
17,804
31,511
59,249 176,157
10.760
I
«.851
1
40.187
38.183
22,283
19,031
38.910
95,979: 91.9061238.558
86.714
30,85S
25.881
89. 142
24,636
22 317
10.897
75.550
65.770
61.433
46,'«5
1879.
78,447
72.289
52,740i 42,396
50,612 50,549
53.419 131,705 l.Sl,403J268,:20
47,393 119.e<)l 116.8i»:250.223
37,323 108.633 107,003 252.493
54,233
1
72,477
59,433
2-i,148
13.951
14,472| 11,915
7,800
1880,
64,758
61.0?5
40.862
38,492
40.469
30,595
24,971
19.094
14.076
8.165
14.183
7.815
compared with the corresponding
21
16.8; 3
51,129l 161,455
9,6041
8,853
d»te of 1878, and a (iecr«ase of 507,731 bales as compared with 1877.
The above statement shows
In the preceding visible supply table we have heretofore only
1. That the total receipts from the plantations since Sept 1 in
included the interior stocks at the 7 original interior towns
1879-80 were 4,865,100 bales; in 1878-79 were 4,418,385 bales; in
As we did not have the record of the new interior towns for the 1S77-78 were 4,'207,707 bales.
four years, we could not make a comparison in any other way.
2. That although the receipts at the out ports the past week
That difficulty no longer exists, and we therefore make the fol- were 3^2,317 bales, the actual movement from plantations was
towns
the
19
lowing comparison, which includes the stocks at
only 7,615 bales, the balance being drawn from stocks at the
given weekly in our table of interior stocks instead of only the interior ports. Last year the receipts from the plantations for the
rtd 7 towns. We shall continue this double statement for a same week were 8,853 bales, and for 1878 they were 9,604 bales.
Hxne but finilly shall simply substitute the 13 towns for the 7
an
increase of 85,038 bales as
towns in the preceding
Weather Reports by Telegraph.— A
table.
1880.
1879.
1878.
496,000
148,000
43 1 ,000
452.686
161,435
6,000
455,000
232,000
332,000
264,424
51,429
3,000
071.000
372,000
347,000
294 ,506
46.305
4,000
Ainertcan—
.
1,095,141 1,337,853 1,734,811
Saul ItuUan, Braiil, etc.—
241,000
47,200
45.460
308,000
21,000
Uverpool 8to<;k
Londonstock
Continental stocks
India afloat for Europe
Eisypt, BrazU, &c,, afloat
Total Ea,st India, &o
Total American
splendid
has
raiu
and western cotton States the latter part of this
1877
757.000 week. It has come just in time to do the most good, the crop
3!)(),000»
being in position to need it, and to be greatly benefitted by it.
236,000
4.i3,197
We have had delightful showers on four
Galveston, Texas.
79,009
2,000 days the past week, and the indications are that they extended
over a wide area. The crop is developing promisingly, and
1,923,206
squares and blooms are abundant. Average thermometer 77,
The rainfall for the week is one inch
433,000 highest 84 and lowest 68.
46,000
96,000 and thirty-six hundrtdrhs. We hear rumors of the appearance
visited the Gulf
bales
XJveriMjol stock
Contiuoutal stocks
American afloat to Europe
United States stock
United States iateiior stocks..
United States exports to-tlay
Total American
!
111,000
44,250
38,250
310,000
12,000
217,000
8,750
65,750
172,000
18,000
—
355,000
31,000
Indianola,
662.6!i0
513, .500
481,500 961.000
1,693,141 1,337,853 1,734,311 1,923,206
them
of caterpillai;s, but think
Texas.
of little importance.
— There have been fine showers at this point
proving very beneficial, but engendering apprehenwhich have certainly appeared, though the
injury done is as yet limited and confined to a very small area.
Crops of all sorts are well advanced. The thermometer has
ranged from 68 to 87, averaging 78. The rainfall has reached
two and fifty-eight hundredths inches.
Corsicana, Texas. We have had fine showers on two days of
tbe week, the rainfall reaching one inch and fifty-one hundredths.
Average thermometer 75, highest 87 and lowest 63. The crop is
on
five days,
sions of caterpillars,
Total visible supply
These
2,357,801 1,853,333 2,216,311 2,884,206
figures indicate an increase in the cotton in sight tonight
of 504,448 bales as compared with the same date of 1879. an
increase of 141,490 bales as compared with the corresponding date
of 1878, and a decrease of o3j,40j bales as compared with 1877.
At the Interior Pouts
the
movement
—that
is
the receipts
and shipments for the week, and stocks to-night, and for the
corresponding week of 1879— is set out in detail in the following
statement:
Week eudins 3Iay
M:i> 21, '80.
Receipts Sliipm'ta
Stock,
j
Ao^sta, Ga
Colnmbus,Ga
HitcoD, Ga
204
128
Montgomery, Ala
Selma, Ala
Memphis, Tenn..
Na3livUle,Temi..
233
33
525
452
132
381
200
1.285
9,661
106
924
12,151
7,173
1,697
5,396
1,702
49,691
9,198
Total, old ports.
2,004
12,273
87,008
75
00
391
188
86
85
1,200
2.091
2,932
Dallas, Texas-.
13
'
..
Jcfterson, Tex.'..
Blirevepoit. La ..
Vicksburg, Miss.
Columbus, Miss..
Charlotte, N. C.
Bt. Louis, Mo
Cincinnati, 0....
"so
69
319
281
119
20
6
101
206
344
1.777
2,570
4.133
2,498
Total, new p'rtt
5,539
9,970
Total, all
7,513
15
25
Kufaula, Ala
Ga
Atlauta, Ga«
Bome, Ga.
'
making
excellent progress.
has raiced splendidly on two days, the rainwe will need more within a week.
The thermometer has averaged 75, with an extreme range of
Small
from C3 to 87. The crop is developing promisingly.
Dallas, Texas.—
Week ending
Giiffln,
—
..
Tills year's flgures
175
705
303
2.187
1,009
9.300
3,241
1,115
44,740
7,540
74,447
22.245 161.455
1
1
1
fall
23. '79,
Keceipts SUlpm'ts Stock,
141
127
41
213
59
850
00
750
455
58
589
203
3,175
3,014
5,210
233
19,873
2,332
1,491
7,503
32,017
18
57
i'f.i
410
691
669
573
820
2,392
409
62
174
721
075
249
729
23
2
435
6
163
370
83
102
i49
195
1,889
1,738
2,279
3,432
5,829
1,864
533
531
10,192
3,002
7,637
19,412
grains are nearly ready for harvesting.
Brenham, Texas. — Rain has fallen during the past week on
days— fine showers which have apparently extended over a
wide surface. The crop is progressing finely. Corn is tasseling,
cotton squaring, and wheat and oats are nearly ripe and promise
Average thermometer 75, highest 87
better than was expected.
and lowest 64. The rainfall is two inches and fifty hundredths.
Jfew Orleans, Louisiana. — We have had rain on three days of
the week, the rainfall reaching one inch and one;hundredth.
The thermometer has averaged 75.
Ihe first part of the past week was
Shreveport, Louisiana.
dry and very warm, but later it became cloudy and rainy, the
Average
rainfall reaching one inch and seventeen hundredths.
7,320
15,140
51,429
The above totals show that the o!d interior stocks have decreased Axmng the week 10,271 bales, and are to-night .>4,991 bales
more than at the same period last year. The receipts at the same
towns have been 513 bales more than the same week last year.
Receipts from the Plantations.— The following table is
prepared for the purpose of indicating the actual movement each
week from the plantations. Receipts at the outports are sometimes misleading, as they are made Up more largely one
year
than another, at the expense of the interior stocks.
reach,
therefore, a safer conclusion through a comparative
statement
like the following.
In reply.to frequent inquiries we
We
will
add
that these figures, of course, do not include overland
receipts or
Southern consumption; they are simply a statement
of the
weekly movement from the plantations, of that part of
the crop
which finally reaches the market through the outports.
—
three
—
thermometer
74,
highest 86 and lowest 63.
Vicksburg, Mississippi.
the week.
estimated.
It
reaching two inches, but
— We have had rain
As the week
closes the
on one day during
weather has become more
favorable.
—
Columbus, Mississippi. The weather during the past week
has been warm and dry, rain having fallen on only one
day, the rainfall reaching fifteen hundredths of an inch, and
biing too little to do much good. The thermometer has ranged
from 77 to 86, averaging 81.
raining yesterday
It commenced
Little Mock, Arkaiuas.
(Thursday) evening, and has rained gently for fifteen hours,
doing great good, and apparently extending to nearly all parts of
the State. The thermometer has ranged from 60 to 87, averaging 74. The rainfall during the week has reached one inch and
—
thirty-two hundredth?.
NotshxiiUe, Tennessee.
warm and
(Friday).
dry, but
— The weather
we
during the week has been
are having a fine general rain
The thermometer has averaged
from 53 to 83.
Memphis, Tennessee.
—
It
73,
today
with a range of
— the
rained here yesterJay (Thursday)
^B
Mat
May
THE CHRONICLE.
22, 1880.]
rainfall reaching eleven hundredtliH of an inch— and continued
raining through the night. It is sti:l raining a splendid, general
The fields are clear of weeds, and the crop is developing
rain.
promisingly. Average thermometer 70, highest 89 and lowest
61.
Mobile, Alabama.
— The earlier
week was
portion of the past
and pleasant. During the latter part we have had dwlight
showefs on two days, and the indications are that ihey extended over a wide surface. The crop is developing promisGood
ingly and the cotton plant looks strong and healthy.
progress is being made in cleaning the fields of weeds. Average
thermometer 75, highest 87 and lowest 01. The rainfall for the
week (not Including last night and to-day) Is six hundredths of
clear
ful
an inch.
Montgomery, Alabama. It has rained constantly since last
(Thursday) night, although the earlier part of the week was
Crop accounts are less favorable. Weeds
clear and pleasant.
are growing so fast that they are becoming very troublesome,
and labor is insufficient. The thenuometer has averaged 76, the
—
highest being 90 and the lowest 00.
is two inches and fifty hundredths,
ISelma,
Alabama.
— Rain
The
rainfall
for the
has fallen on one day.
As the week
closes there has been a favorable change in the weather.
was much needed.
Madison, Florida. Telegram not
rain
—
—
The
received.
Macon, Georgia. There has been no rainfall at this place
during the week. The thermometer has averaged 73, the
highest being 87 and the lowest ,54.
Columbus, Georgia. During the week just closed the thermometer averaged 74, and ranged from 60 to S3.
Savannah, Georgia. It has rained during the past week on
one day, the rainfall reaching twenty-three hundredths of an
Average thermometer
inch, but the balance has been pleasant.
71, highest 83 anl lowest 56.
Augusta, Georgia. The weather has been warm and dry
throughout the week, the thermometer averaging 73, and ranging from 54 to 97. Accounts are good, and the crop is developing finely. The fields are clear of weeds.
There has been no rainfall at this
Ctia/rleston, South Carolina.
point during the week. The thermometer has ranged from 56
—
—
—
—
to 83, averaging 70.
The following statement we have also received by telegraph,
showing the height of the rivers at the pjints named at 3 o'clock
May 30, 1880, and May 32, 187s),
May
20, '80.
Feet. Inch.
Hew
May
22. '79.
Feet. Inch.
2
1
Below high-watermark
8
10
Above low-water mark.. 17
8
9
3
4
3
Above low-water mark..
5
II
11
Above low-water mark.
20
Shreveport
39
4
18
5
Above low-water mark
Vickabur«
New Orleans reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to high-water
mark of April 15 and 16, 1874, which is 0-lOths of a foot above
1871, or 16 feet above low- water mark at that point.
Orleans
Year Bei;iunlng September
Monthly
Receiptii.
1879.
Ootolier..
Novemb'r
Deoemb'r
January
.
February.
March
April
.
1978.
333,643
888,492
042,272
056,464
047,140
447,918
201,013
159,025
Sept'iub'r,
.
.. ..
1877.
288,848
680,264
779.237
803,664
618,727
566,821
303,955
167,459
1876.
m,4ill
678,533
822,493
000,110
680,010
472.034
340,925
107,905
1.
1875.
236,868
875,260
901,302
787.780
000,080
410,086
182,037
100,101
1
160,077
610,316
740,116
821,177
637.067
470,801
300,126
163,503
1874.
134.87S
536,9«8
676,SW
730,08«
444,003
383,32*
231,433
133,008
TotAp.30 4,638,867 4,307,97* l,099,790|3,«3 1,786 3,921,278 3,310,082
Poro'tage of tot. port
reoelpts April 30..
06-86
01-96
01-3
03.56
0401
TLi< Statement shows that up to April 30 the receipts at tha
pirtR this year were 330,839 bales more than ia 1873-70 and
,^33,077 biles more than at the same time In 1377-78.
By adding
to the totals to April 30 the daily receipts since that time,
we shall be able to reach an exact comparison of the mov^
ment
for the different years.
week
all since last night.
549
1879-80.
1878-79.
1877-78.
1876-77.
1875-76.
1874-75.
rot.Ap.30 ^.638.807 4,307,978 4,099,790 3,834,786 3,921,275 3,310.083
2,575
4,145
Mayl.... ^
3,391
2.013
3.097
2,301
" 2....
8.
6,451
2,707
3,5C1
3,351
8.
'•
3....
2,435
7,161
1,675
4,612
4,036
7.347
" 4....
a.
4,51-J
4,633
2,032
3,008
5,974
" 5....
4.834
8.
2,032
4,698
4,761
2.117
" 6....
3,936
8.
4,017
5,101
4,694
2,S»4
'•
7....
2.726
4,232
4,032
0,213
8.
2,018
" 8....
2,439
4,388
3,851
4,197
7.003
2,275
" 9....
2,621
8.
4,237
2,435
2,484
8.
" 10....
7,180
1,953
1,701
4,886
4,642
5,161
" 11...
8.
. 3,575
2,430
2,045
2,025
3,478
" 12....
3,993
4,197
8.
2,480
3,504
3,871
" 13....
4,211
3,573
8.
4,324
2,882
3,415
" 14..-.
2,890
3,161
4,167
8.
3,390
3,883
" 15....
3,150
1,771
2,611
3,619
6,130
4,463
" 16....
8.
4,803
2,075
3,232
8.
2,786
" 17....
6,630
2,718
2,607
2,002
2,S95
3,654
" 18....
8.
3,368
3,634
2,039
2.703
2,130
" 19....
4.074
5,058
8.
1,301
3,841
2,651
" 20....
8.
2,612
4.097
4.140
1,773
1,084
2.759
2.698
"21....
5,096
2.927
8.
3.429
'
1,715,678 1.369,533 4,167,691 3,837,918j3,939,O02 3,331,216
Percentage of total
93-25
95-90
96-28
p'rtreo'Dts May 21.
9513
96 63
Total
.
Memphis
Nashville
.
This statement shows that the receipts since Sept. 1 up to
now 346,035 bales more than they were to the same
(o-night are
day of the minth in 1S73 anl 547,937 bales more than thej
were to the same day of the month in 1873. We add to the last
table the percentages of total
received to
May
which had been
port receipts
31 in each of the years named.
—
GuxNT B.vos, Baooisq, Etc. Bagging is moving moderately
for the present wants of the trade, but there is no demand for
large parcels. The market is firm in tone, and holders are not
ISDl.V COTTOS MOVEMEIfT FROII ALL P0RT3.—The SgUreS
which are now collected for us, and forwardel by cable each
Friday, of the shipments from Calcutta, M tdra;. Tuticorin. Carwilling to shade quotations, which are lO^e. for 1^ lbs. and lie. war, iic, enable us, in connection with our previously. received
for 2 lbs., whUe for standard grades 1154c. is asked. Jute butts report from Bombay, to furnish our readers with a full and
lave been very active and prices are firm. The transactions complete India movement for each week. We first give the
have been mostly for lots to arrive, and the aggregate sales are Bombay statement for the week and year, bringing the figures
30,000 to 40,000 bales, part to arrive next year for which 3Mc. down to Ma}' 30.
BOMUAT HEOKIPTS AND SHrPMESTS FOR FOUR TEAR^.
was paid, and part for spinning grades for August and Septem-
ber delivery at 3%c., the market closing firm at these figures.
Cotton Cossumption
will
m
Europe.
— .\n
article
on this subject
be found in our editorial columns to-day, containing Mr.
European consumption, received by cable.
COMPARATIVB POBT RKCBIPT8 AND DAILY CROP MOVKMBNT.
A comparison of the port movement by weeks is not accurate,
M the weeks in different years do not end on the game day of the
We have consequently added to our other standing
month.
tables a daily and monthly statement, that the reader may constantly have before him the data for seeing the exact relative
movement for the years named. First we give the receipts at
each port each day of the week ending to-night.
PORT BECBIPTS FBOM SATPRDAT. MAY l.'j, '80. TO FRIDAT, MAT 21, '80.
Ellison's figures of
—
D'ys
New
of
Or-
we'k leans.
Bat.
129
Mon
3,139
MobUe.
Char- Savan- Oalnah. veat'n.
lea ton.
313
631
152
104
159
832
255
40
116
145
3d4
84
110
26
1,222
881
TU63
4G7
49
278
99
Wed
2,044
18
Thur
255
240
Frl..
1,385
182
Tot.
7.419
86 1' 1.506
155
Norfolk.
Wil-
nent.
Brlt'u.
,
Shlpme uta glnce Jan.
Great
Total. Britain
Continent.
Rei'^lpta.
1.
Thin
Week.
Total.
1380 15,000 15,000 30,OOOi219.000i2<)3,000;
1879 40,000 6.000,48.000; 105.000 212.0001
1878 5,000 4.0001 y.000!226.000|294.000
1877 13,000 17.000 .10.0001294.000:3-28.000
514.000
377,000
520.000
620,000
60.000
15.000
27.000
13.00O
aince
Jan. 1.
790,000
583,000
658,000
817,000
According to the foregoing, Bombay appears to show an inereaie
compared with Iset year in the week's receipts of 15,000 bales and.
a decrease in shipments of 10,000 bales, and the shipments tinea
January 1 show an increase of 167,000 bales. The movement at
Calcutta, Madras, Tuticorin, Car war, &c., for the same week and
years has been as follows.
CALCOTTA, MADRAS, TUTICORIS, CARWAR, RASOOOS AND KURRACHSB.
Shipment*
Year.
All
ming- others.
jhipmenta this week
Year Great Conti-i_„.
Groat
Total.
Britain.
this
week.
Continent.
Total.
1,000
5,000
1,000
6,000
13,000
1,000
2,000
Shipments since Janitarjr
Great
Brltaln.
Oontlneut.
!
]
TotaL
ton.
24
4
122
239
857
989
955
955
323
1,387
2.679
5,400
1,529
1,068
16
1,019
1,522
1,745
3,150
6,630
3,303
5,658
2,612
5,096
ml
7,585
26.514
6
61
702
1880
1879
1878
1877
5,000
8,000
.'..
2.066
149,000
05,000
15,000
61,000
\
<S,O0O
6 1,000
35,000
31,000
19T.0OO
158,000
50,000
92i)00
week show that the movement from
other than Bombay is 7,000 bales less than same week
The above
totals for this
the ports
of last year.
shipments this
For the whole of India, therefore, the total
since January 1, 1880, and for tha
corresponding weeks and periods of the two previous years , are
week and
'
The movement each month
1.
since Sept. 1 has been as follows:
as follows.
:^-
.
THE CHRONKJLE.
550
BXPORTS TO EUROPE PROM ALL
1880.
Ihlpme
luropc
to all En
This
from—
Bombay
All other p'rts
INDIA.
1878.
1879.
Since
Jan. 1.
This
week.
ireeb.
Since
Jan. 1.
This
week.
Since
Jan. 1.
30,000
6,000
544,000
197,000
46,000
13.000
377,000
158,000
520,000
50,000
9,000
1,000
36,0001 741.000 59,000
535,000 10,000 570,000
statement affords a very interesting comparison of the
total movement for the week ending May 20, and for the three
years up to date, at all India ports.
Alexandria Receipts and Shipments. Through arrangements we have made with Messrs. Davies, Benachi & Co., of
Liverpool and Alexandria, we now receive a weekly cable of
the movements of cotton at Alexandria, Egypt. The following
are the receipts and shipments the past week and for the corresponding weeks of the previous two years.
Total
This
last
—
Alexandria, Egypt,
May
1878.
1879.
1880.
20,
Bscelpts (cautars*)—
Tills
week
Exports
2,000
2,556,000
3,000
1,580,000
3,200,000
Since Sept. 1
Since
This
week. Sept. 1.
This
Since
week. Sept. 1.
Since
This
week. jSept. 1.
500 283,700
709 170,544
3,000 164,000
76,500
1,000 229,000
(bales)-
To Liverpool..
To Continent
166,000
3,000 240,500 1,000 395,000
1 ,209 454.244
Total Europe
* A cautar is 98 lbs.
This statement shows that the receipts for the week ending
cantars and the shipments to all Europe
May 13 were
were 1,209
bales.
Manchester Market.
—
Our report received from Mancheste*
21 states that the market is strong and hardening, and a
^ive the prices of today below, and leave
farthing higher.
previous weeks' prices for comparison.
Our report for last Friday stated that there was more confi-
May
We
dence
and sales were
felt in prices,
fairly large.
Cott'n
854 lbs.
Shii-tings.
32s Cop.
Twist.
d.
d.
d.
8.
Mid.
Ujilds
d.
d.
9.
4i2®8 3
26lll ©llifl 7 4'2®8 3
April 2 11 ®1H2 7 4'a®8 3
Mar. 19 11
®11'2 7
•'
"
"
"
"
9 ....®
....
....
®
....
16 10i«®ll 7 l>i!®8
®8
23 1038»10''e!7
30 10is!®1034 6 10ia®7 lOHi
7 g^^lO^sB 9 ®7 9
14 9is®10i4 6 7i2®7 7I2
21 9ia»10V, fi 9 ®7
8I4 lb8.
Shirtings.
328 Cop.
Twist.
d.
d.
7»8®8l4 5
7''8aS38 5
7
8i2®9>9 5
8»8®9'4 5
6l'>,„
S38®9
d.
9.
714
733
714
7^4
8i4®8%
Cott'n
5
5
6iain 8''8®9i3 5
8.
3 ®7
4^7i>7
Mid.
Uplds
d.
d.
412
5«1(I
51318
6 ®7 6
5i5ie
6 ®7 712 6i8
638
7>-i®7 9
7i2®7 9
«3a
9 ®7 101^ ti^
10i3®7 10iii! e^s
li2®8 l>s| 7ii«
10i2®7 10i3 73,6
6
©gss 5
93e®10 6
938® 10 5
The Exports of Cotton from ,New York this week snow a
decrease, as compared with last week, the total reaching 19,3H
Below we give our usual
bales, against 32,159 bales last week.
table showing the exports of cotton from New York, and their
direction, for each of the last four weeks; also the total exports
and direction since Sept. 1, 1879, and in the last columo the total
for the same period of the previous year.
Exports of Cotton (bales) from New York since Sept. 1. 1879.
May
••
"
6-'«
9
611,
613,„
Week endingExported to-
Uverpool
Other British ports
Same
Apr.
May
May
May
28.
5.
12.
19.
17,711 14,810 17,139
1,263| 4,490, 7,474
Total to period
date,
previ'us
year.
—
Fieja, 100
.
To Bremen, per s-tcamcrs Weber, 554
Main, 600
K.
F. Wilhelm. 200
To Antwerp, per steamer Henry Edyo
To Reval. per bark Dorcs
New Orleans—To Llveiiiool, iier steamers Author, 1,528
Havre
8
1,2841
651
700 22,751
11,935
8
1,284
651
700 22,751
12,035
1,723
2.703
Other French ports.
100
1,360
8
1,099
Total.
62,175
The
particulars of these shipments, arranged in our usual
form, are as follows:
Bremen Eeval
•
Cork &
& Ant- & Crou- Vera
Hull. Glasgow, Havre, werp. stadt. Cruz. Total.
640 1,467
700 1,363 1,099
19,321
3,077 1,186 28,0091,688
1,688:
1,259-
Liverpool.
New
York. ..14,057
N.Orleans... 23,746
Chai'lestou
Texas
1,259
Total
'.'.'.'.
'.'.'.'.
1,652
'.'.'.'.
6,172
2,2S6-
3,440
640 1,457
49,308
Below we give
all
news received
700 1,368 7,516
1,186
62,175-
to date of disasters to vessels
carrying cotton from United States ports, etc.:
Canoimts, steamer (P,r.), Horsfall, from Boston, May 1, forLivernool, wasreported oflfCrookliaven, May 12, apparently disabled.
Irene Morris steamer (Br.),— There had been discharged from steamer
Irene Morris (Br.), from Charleston, S. C. before reported, previousto the outbreak of the Are, 1,229 bales, leaving a balance of 2,971
bales on board.
The forecastle of the steamer is completely
destrojx'd, and several plates on both sides of the vessel ai-e bent in.
consequence of the intense heat.
Cotton freights the pas week have been as
Satnr.
Liverpool, steam d.
Do
Mon.
Do
e.
sail
Do
sail
.
.
^
^
i2®9ie
•5
•^16® 'a
^16® "li
c
I2a9l8
7i8®l2
1-2*918
l2®9lS
7i6®>a
ia®9jg
"l6®^
^16®^
»16
»18
0:3
9l6
J^fflSie
ia®9i8
l2®»18
>2®»18
hi
c.
•'lea's
.c."
Do
sail...*'.
steam
sail
'16
p
o
!>.
s^
X
hH
38
36
rf.
c.
Liverpool.
14
i3a9;g
H-a^ie
Hamburg, steam, rf. l2S9,8
Do
Fri.
3lH®"32 ^16®".32 3,8®-.,^
^®»16 ^s.»ia
>2®9lB
^
.c.
sail
H
"4
J^S^ie
c.
Bremen, steam,
Do
Wednes. Thurs.
Tnes.
14
Ball...(?. ^le*':)!
Havre, steam
ows:
fol
u
Baltic,
Total TO Great Britain 18,977,19,300 24,613 16,154 376,179 223,430
700
P.
Alava, 3,667
Catalan, 1,733
Elvira, 2,200
Cordova, 1,330
per ships Orient, 6,666
Cltv of Mobile.
6.622
:
23,740'
To Reval, per bark Albert
1,500
To Cronstadt, per bark Albert
1,577
To VeraCrnz, per stesimcr City of Mexico
1,186
Charleston— To Reval, per bark Anna, 1,688 Upland
1,688
Texas— To Liverpool, per hark Sylphidcn
1,259
Boston—To Liverpool, per steamers Bohemian, 1,275
Samaria, 245
niyri.an, 766
2,286
Norfolk— To Liverpool, per ship Alumbogh
4,52a
To Reval, per bark Meteor
1,652
Philadelphia— To Liverpool, per steamers Lord Cllve, 1,200
Ohio, 600
British Empire, 1,640
3,440
Amst'd'm, steam.c.
353,849 218,624
2,097j 22,330
4,812
14,0.'>7
XXX.
Shipping News.— The exports of cotton from the United
States the past week, as per latest mail returns, have reached
So far as the Southern ports are concerned, these
62,175 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 a'll vessels cleared up to Wednesday
night of this week.
Total bales^
,
„
„
,
New
York—„
To Liverpool,
per steamers Eepubllc, 7C9
AbvRsinia, 998
Helvetia, 1,064
vvisconsln, 2.600
Baltic, 80
per ships Br. Commodore, 2,269
Nagpore,
2,295.... per barks Remus, 2,668.... Cairnsmoie, 1,374
14,057
To Hull, per steamer Eialto.
640'
To Cork, for orders, per bark Diana
1,407
To Glasgow, per steamer Ethiopia
50^^
To Havre, per steamers Labrador, 414
Hemrod, 186
Nortolk
4,520
Boston
2,286
Philadelphia 3,440
1878-79.
1879-80.
[Vol.
®32
,
9:.2
— By cable from Liverpool, we have
38
38
^33
*32
'
the following
statement of the week's sales, stocks, &c. at that port:
,
Total French
Bremen and Hanover
1,693
1,360
30,791
18,774
9,186
13,708
2,202
2,835
Sales of the
Total to North. Europe 2,323 7,780 6,895 2,467 58,751
18,745
Sales
.
Hamburg
Other ports
Spain, Op'rto, Gibralt'r,&c
All other
Total Spain, &e
6C0 3,431
i,29v;
1,610
3.910
i',io7
5,610
200
200
.
New
York.
Boston.
Phlladelplila.
Forwarded
American
Of which exporters took
Of which speculators took..
— Estimated
3,406
Of which American- Estim'd
Total import of the week
Of which American
5,610
Baltimore.
This
Since
This
This
Since
Since This
Since
week. Sept. 1. week. Sept. 1. week. Sept.l. week. Sept. 1.
Actual export
Amount afloat
Of which American
Texas
Savannah
2,469 104,596
l,5]5;i00,963
290 176,642
23,545
2,969
36,846
"ibo
5,279
2,575
15,174
"537
Mobile...
jPloiida
'.'.'.'..'.
.
8.Car'lina
If.Car'lina
Virginia..
North, pts
Tenn., &o.
5,656
i',296
56 105,164
253i 40.807
31
369,198,5.59
"414 53,409
......
6,059
1,843 137.959
802 140,271
"339
Foreign..
1,689 190,965
4,102
This year.
6,64l|993,507| 3,059 [396,320
lA8t.vear,
""65 ""56
8,079 841,762! 4,n7!322,645
60',7l6
7.
34,500
] 5.500
29,000
3,(i00
1,080
719,000
501,000
5(!,000
27,000
6,300
370,000
188,000
May
14.
39.500
15,000
31.000
5,000
1,990
696,000
486.000
34,500
27,500
10,500
401,000
209.000
May
21
33,500
«,50(>
27,000
3,100
1,980
737,000
490,000
82,000
37,000
3,900
390,000
219.000
bf en as follows:
Satiirday
Market, l
12:30 P.M. 5
Mid. Upl'ds
Mid. Orl'us.
Monday Tuesday Wednes, Thursd'y
Friday.
Active
and
Steady.
Firmer.
613,8
613i8
61316
15,000
2,000
10,000
1,000
Quiet.
Steadr.
firmer.
li",390
40 10,417
420 74,530
462
59',918
15,000
439 83,011
1,047 172,509
1,061 82,334
42,000
24,000
32,000
3,800
1,510
714,000
512,000
77,000
65,000
6,100
322,000
179,000
May
The tone of the Liverpool market for spots and futures each day of the
week endiug May 21, and the daily closing prices of spot cotton, have
Spot.
N. Orl'ans
bales.
Total stock
Boston, Philadelphia and Baltimore for the past week, and since
September 1, 1879:
from—
week
3,406
Grand Total
21,308 28,564 32,159 19..S21 1461, 087 259,826
The Following are the Receipts of Cotton at New York,
Eeceipts
April 30.
635 157,128
Market,
5 P. M.
Sales
Spec.&exp.
FtUures.
Market,
5 p. M.
1
I
7,000
1,000
May
THE (milONICLE.
23, 1880.]
The actual gales of futures at Uverpbol for tlie same week are given
%elow. These sales are on the basis of Uplands, Low Middling cUtuse,
unless otherwise stated.
Ratchdat, )
Monday,
>
Tuesday,
)
Wheat,
Flour,
Cleveland
LuuU
Peorta
Corn,
biub.
Barley,
bush.
Okto,
bbla.
4.9-14
biiHh.
.'.^,796
2.377
25,465
4,120
13.4.V)
192.3ttM
24.^.340
4,560
273,829
Detroit
Bt.
Holidays.
551
buata.
Rye.
buiili.
4,905
18H
17,100
16,200
2,70O
1.318
103,099 35,473
130,100
5,000 20,490
8,730
22.0.'>0
Dulutb
Wednesday.
Delivery.
May
May -June
Delivery,
d.
May
6^5.12® i:)ig
6^®i»i8 May-June
June-July.. ..6%®i3]6
July-Aug... 6a533®2l32
Auk. -Sept. .GiSn^S'sa
6%S2'>33
Sept.-Oct
Oct.-Nov
67,,
Nov.-Uec
6%
June-July
•
Delivery.
tl.
July-Aug
»cpt.-Oct
613,6
6i»3a
May
6»»M
•i^'.'ia
AuK.-8fipt....6''8»"3a
May-June
8fiit.-0ct
June-July
Aug.-Sept
6i3ia
May
6**33
6»»3j
OiSu
0"i8 Sept.-Oct
May -June
June-July
<l.
02i;ia
6'^.i2
6",
6^
May-June
623,2^11, J
I
..6iiiiitt'23.j
Oct.-Nev
tJSjB
May-June
6''ie
AuK'.-Sppt
fiS'aj
Juue-July
July-AUK
•UliB
011,6
8epr.-Oct
(iai.i2
I
I
I
I
611,6
Sept.-Oct
I
6H
Nov.-Doo
Deo.-Jau
June-Julv
Aug.-Sept
Oct.-NoT
614
62I33
611,6
6»3,
Friday.
Delivery.
May
62I32
May-June..
June-July
July-Aug
GUisai'-'iaj
Delivery.
eaisja'B
Sept.-Oct
«»33
Oct. -Nov
Nov.-Deo
July-Ane
62I33
*'"}?
Aug.-Scpt ..CSSj^aiiij
Total receipts at
72.304 50,178
97,838 68,90tt
787,.'i81
701,027
same ports from Jan.
1 tu
Hay
15, inclasire,
for fotir yearn:
noor
.bbls.
Vbeat
bush.
Com
Delivery.
Delivery,
I
June-July .. 611,6 <i"''3
July-Aug
623.,3
Aug.-Sopt a^aa-i.sa®^
'79.
1880.
2,119,131
1879.
2,449,060
1878.
2,274,830
1877.
1,029,481
15,740,265
48,474,410
9,127,502
2,190,773
817,724
21,021,515
29,147.605
8.989,731
2.086,776
1,117,832
23,171.022
29.992,322
8.425.»3«
2,507,345
1,528,118
6.350,03S
26.209.707
5,978,490
2 028,983
783,140
6i'ia
Thursday.
Delivery.
May
122.588 1,062,016 3.013,075
119,515 1,142,573 1,539,389
Total
Same time
67:,a
Delivery.
June-July
G'Ss
July-Aug
OOh
Aug.-Sept
eaija
89,8
6>4
68,6
Sept.-Oct
Sept.-Oct
621^3
OiWaa
May-June
ti^i
Nov.-Doo
Oct.-Nov
Oats
Barley
Ry«
76.350,701
Total grain....
Friday, P. M.,
1879-80.
1878-79.
5,189.610
1877-78.
9,047,253
1876-77.
4,279,173
bush.
78,124.695
92.976,070
23,540.936
10,057.652
3,769,712
77,113,281
69.218.000
24,919,716
9.128,522
4,074.175
00,0.57.213
8,9H6,205
3,501,935
39.949,023
40,999,608
17,024,280
8,094,638
2,640,084
Total grain ....208,169,063
184,433,724
105,087,781
128,008,228
Wheat
ttye
21, 1880.
41,990,858
4,469,9.50
Oato
Barley
May
05,629,643
bbls.
Flour
Com
BRE ADSTUPPS.
62,360,462
Total receipts (crop movement) at the same ports from Aug. 1
to May 15, inclusive, for four years:
65,081,938
20.8:17.193
The flour market ha.s been only moderately active and prices
Comparative shipments of flour and grain from the same
of some of the low and medium grades have declined, the ports from Jan. 1 to May 15, inclusive, for four years:
1880.
1879.
1878.
1877.
demand having been less active and supplies having somewhat Flour.
1,884,462
2,570.111
2,218,990
1,622,764
..bbls.
increased from the low qualities of spring wheat. The flours
16.611,326
20,663,008
5,716.570
bush. 13,209,101
Wheat
from winter wheat have been firm for low extras and very choice Com
35,699.622
23,317,392
21.409,482
18,513.713
6,710,695
4,546,824
4.023,263
7,075,891
Oats
To-day there was Barley
grades, but good medium grades are dull.
1,808,025
1,423,910
1,532.154
1,414,712
962,920
1,189,779
521,007
723,199
Rye...
a dull, weak market. Rye flour and com meal have favored
buyers.
variable.
There
Rail shipments from
30,900,711
92,233,003
49,440,358
58,122,525
Total grain....
The wheat market has been exceedingly
same ports for the last four weeks:
has been a good export demand, but a variable and unsettled
Barley,
Oats,
Rye,
Wlieat,
Cora,
Flour,
Week
bush.
bush.
bush.
bnsta.
bl)la.
bush.
ending—
White wheat has been- the best May 15
67,018 38.447
114,349 1,555,124 2.589,490 713,460
57.214 45,146
125,902 1.282.300 2..536.455 656,966
Choice winter reds, which were supported by May 8
supported.
73.570 66.743
126,994 1,297,509 2.256,299 667,611
May 1
58,005 41,073
116,770 1,025.013 2.383,850 476,906
speculation, have yielded most. The leading transactions of Apr. 24
yesterday for future delivery embraced No. 1 white at $1 24@
253,837 191,409
Total, 4 w'k8.484.015 5,160,276 9,766,094 2,514.943
$1 24^ for June, No. 2 red winter, $1 26®1 26^ for June and 4 weelts '79.. 508.519 6,023,892 9,375,031 1,877,749 311,512 390,200
To-day the market was dull, and
$1 14?i@$l 15 for July.
Receipts of flour and grain at seaboard ports for the week
prices about Ic. lower for all grades. Receipts at the West
ended May 15:
have somewhat increased.
Barley,
Cora,
Oats,
Rye,
Wheat,
Flour,
bush.
bush.
bush.
bush.
busli.
bbls.
At^
Indian corn has decidedly improved. A large proportion of
80,451 1 ,911.217 1,730,773 521.602 105,150 100,050
New York
9,.5O0
the receipts at the West is diverted to the Southern States, Boston
300 125,475 86,610
26,761
1,800
4,800
2,250
Portland
where the drought last year caused a partial failure of the Montie.ll
22,074
91.093 222,488
11,249
1,.500
50O
97,900 517,400 41.600
11,230
crop. Southern papers speak |of the scarcity of com. The Philadelphia
temper
to the speculation.
Late sales embrace No. 2
mixed on the spot at 55@56c.; for May 53e.; for June 49%@50c.;
and for July 49)^(ai59?4c. To-day prices were about steady
demand here has
also
been good.
but with lesa activity.
Rye has been active at 92@95c., closing last evening at 95c.
for prime, but the close is dull. Oats have advanced with considerable activity for trade and speculation. There were large
To-day the
sales of No. 2 mixed at 43@43^c. for May.
market was steady with No. 2 graded quoted at 47?6c. for
white and 46c. for mixed, with a large business in No. 2 mixed
for June at 41c.
The following are closing quotations
GRAIN.
FLOUR.
^bbl. $2.50® 3 70 WheatHo. 2
No. 3 spring, ^ bu.$l 09 91 11
4 30® 4 70
Winter snpei-ftne
1 20 ®1 22
No. 2 spring
4 20» 4 40
Spring superfine
Amber winter ... 1 25 ®130
Spring wheat extras.. 4 50» 4 75
.50
winter.
No.
2
1
31 ®1 Si's
Bert
XXX...
4
85®
6
and
^o XX
122 ®127
White
Winter shipp'g extras. 4 803 8 25
126i4®126i3
white
No.
1
...
5
40®
6
75
XXX
do XX and
52 ® 55
625® 800 Com— West, mixed
Patents
54i-a® 55
West'n No. 2, new
5 50® 5 85
541-a®
Western 'lye mix".
54 ® 56
West. ycUow, new
City shipping extras. 4 75® 6 00
55
53
white,
new
West,
))aker8'
and
Southern,
95
93
5 75® 7 00 Rye
family brands
40 13
42
65
Oats—
Mixed
25
a
5
extras.
5
Bouth'n ahip'g
49
44
Wliite
Bye flour, auperttne. 4 70® 5 00
Barley—
Canada
W.
Com meal
State, 4-rowed...
Western, &c
2 503 2 85
State, 2-rowed...
Bi-andywine, Ac... 310® 3 15
95
80
Peas—Can'da,b.4f.
.
1
(.From the " Xevi Tork Produce Exchange Weekly.")
Receipts of flour and grain at Western lake and river ports
week ending May 15, 1880
Flonr,
bbls.
At—
Chicago
UUwaukee
Toledo
(196 lbs.)
45,953
39,459
250
WTieat,
"
bush.
(60 lbs.)
Com,
bush.
(56 lbs.)
334.931 1,990,374
34,000
227,370
230,421 441,356
3,288
159.071 2,253.099 2.9.32.859 747,281 116.150 103.2.50
week
week '79.... 190,305 1,598.616 2,311,022 481,713 12,875 144,901
And from Jan.
Flour
bbls.
Wheat
bush.
Com
Oats
Barley
Bye..
Total grain....
1 to
May
15, inclusive, for
four years:
1880.
3,234.911
1879.
3,794,463
1878.
3,241,575
1877.
2,583,914
20,711,647
48,074.600
7,514.640
1,551.779
487,386
29,900,018
40.370,743
7,022,468
1,380.267
1,250,186
26,071.035
40.359,638
5,939,393
2,147,517
1,036,139
2,245,988
30,188,776
5.805,709
1,101.876
78,343,053
79,923,082
70.153,822
39,793,978
451,633
Exports from United States seaboard ports and from Montreal
for week ending May 15:
Peas,
Rye,
Oats,
Com,
Wheat,
Flour,
From—
New York
82,900
21,709
bush.
1,266,991
30,000
5,028
6,714
3,360
119.911
bbls.
Boston
Portland
MoiJtreal
PhUadelphia.
.
BalUmoro
bush.
bush.
bush.
bush.
47,263
20,110 11,897
21,872 54,583
410,730
114,107
158,978
lol,423
339,144
1,787,558
1,436.305 101,84»
26,110 104.675
. - - .
781.S24
107,676
-
Total for w'k
Bame time '79. 110,259 2,313,271 1,740,172 34,436 85,152 130,255
The visible supply of grain, comprising the stocks in granary
seaboard
at the principal points of accumulation at lake and
was as
ports, and in transit by hike, i-aU and canal, May 15,
follows
In.Store
at—
Wheat,
Com,
bush.
1,300,779
bush.
Oats, Barley, Eye,
bush.
bush.
bush.
(32 lbs.) (48 lbs.) (56 lbs.)
New York
459,045
52,705
7,326
15.1.')G
Albany
4.0t>0
13,005
Buffalo.
1,175,623
7,477,403
9,126
15,100
2,700
45,400
28,195
34.300
297,623
Total
Cor.
for the
'
149,100
17,069
10,058
Baltimore
New Orleans
Do. afloat
Cbioaso
(est.)
550,000
197,468
115,000
48.000
686,130
3,'il0,496
Oats,
bush.
157.074
40,000
36,000
17.085
308,481
Barley,
bush.
40,414
31,000
3^5,500
11,788
236,300
biun.
46,007
67,000
63,000
3.400
57,06a
THE
552
Wheat,
In Store at—
bush.
3,647,588
MUwaukeo
270,(i00
Diiluib
315.159
115,417
110,000
231,379
31,972
262,020
159,767
79,614
Toledo
Deti-nit
Oswego
Bt.
(est.)
Louis
Boston
Toronto
Monti'fal
PliUadelpbia
Peoria
8.224
52,600
129,263
205.623
107,481
2,325,000
1,500,000
Indianaixilis
Kansas City
Baltiuioi'O
Kail sliipments...
Lake shipments..
On caual
Mar
Total
'SO
J.
Api. 24, '80.'!
Apr. 17, '80
May
Oat.s,
liush.
31.213
238,000
£67,546
8,062
50,000
241,534
199,703
18,813
131.703
326,785
174,102
109,900
124,019
189,335
455,143
3.488.000
1,800,000
17, '79
21.241,533
22,183,227
21,494,865
23.002.047
13,331,650
liailpy,
The impoi tations of dry goods at
this port for the week ending
and for the corresponding weeks of 1879 and
have teen as follows:
EXTEREU FOR CO.V3UMPTI0N FOB THE WEEK ENDtNO MAY 20, 1880.
8,490
May
2.283
3.673
"378
1878,
28,327
811
25.00i>
i.^lobo
11,910
9,492
637
402
2,901
5.158
39,029
101,033
05.200
107,731
"ei
67,6l8
582.470
10,068
1.100
1,217
33,447
1878.
11,747,740 2,063,791
12,155.416 2.144,094 1,135.622
12,747337 1,909,349 1,'JU2,973
13.969,947 2,083.255 1,350,585
11,322,514 1,319,736 932.246
480.693
506.680
448,635
495,376
544.070
831.379
Wool
Cotton
Bilk
Flax
Miscellaneous
Total
WITUDKAWN
May
lost
much
utors are abundantly large there is little likelihood of any
material revival in business until preparations for the coming
The jobbing trade has shared in
fall trade become necessary.
the general quiet, and while a fair distribution of domestics
effected by means of very low prices, little animation was
noticed in any other department. The feature of the week's
Silk
Flax
Miscellaneous
the goods (amounting to about §175,000) were sold, but
at exceedingly low and unremunerative prices.
Domestic Cotton G-oods. The exports of domestics hence to
and
all
—
foreign markets during the week ending May 18 aggregated
994 packages, shipped as follows Great Britain 357, U. S. of
:
Colombia 258, Brazil 133, Hayti 59, Dutch West Indies 51,
British Honduras 40, &c. The demand for cotton goods at fii-st
liands was limited to cirrent requirements, and transactions
were light in the aggregate; but a fair business was accomplished by jobbers by means of low prices. The decline in
bleached cottons noted last week was followed by a reduction of
IJ^e. per yard on " Fruit of the Loom" shirtings one of the
most popular makes in the market but few revisions were
—
made
—
in the quotations for other descriptions of cotton goods,
owing to the apathy manifested by buyers. That a lower
range of values will be established in the near future is almost
certain, hov.-ever, and agents are only awaiting symptoms of a
disposition to operate on the part of package buyers before
changing their quotations. Print cloths ruled quiet and nominal at about last quotations, and prints were very dull; but
there was a moderate movement in ginghams, fine lawns and
—
91,477
197,394
253,089
189.793
77,284
2,209
610,829 21,449
809,039
88,473
35,675
38,938
49,431
29,737
. .
159
112
53
151
1,863
66,475
31,696
55,963
30,775
34,262
3,100
2,209
249.254 2,340
640.829 21,419
219,171
809,039
5,30!)
890,083 23,789 1,028,210
E.NrhRED FOR
357
$
201,439
1,154
3.39,031
579
413,915
1,114
727
96,123
4,1311,293,394
MARKET DCB134
128
54,635
40 596
88
263
62,318
44,367
2,9(B2
269 629
3,545
4,131 1,293,394
7.676
1
,563,023
WAREHOUSE DURING SAME PERIOD.
Mauufaetiires of—
Wool
130
104
57
20s
829
49,528
39.239
54,100
30.088
36,460
Total
819
Eat'dforeonsumpt,' 2,209
206,120 1,328
640,820 21,449
210,315
809,039
5,073 518,366
4,131 1,293,394
Total at the port...
846,949 22,777 1,019,354
9,206 1,811,760
'.
Cottou
:
Silk
1
Flax
1
Misoell.-uieous
20J
141
59
273
142
72,160
25,135
51,410
45,875
:
1,540
|
1
1
3.028
482
211
130
405
3,847
Imports of Lieadlns Articles.
The following table, compiled from Custom House
187,966
80,003
112,994
107,641
29,762
returns,
shows the foreign imports of leading articles at this port since
January 1, 18S0, and for the same period in 1879:
ITh*; (luantity is given iu pack.gges when not otlu'i-wise spaai tieil.
|
1880.
China
Earthenw
.
Glass
Glassware
Glass plate.
Buttons
Coal, tons...
Cocoa, hags
Coffee, Uajrs.
Cotton.bafes
Drugs, ice—
Bark, Peru,
Blea. powd.
Cochineal..
Gambler
.
.
Gum, Arah.
Indigo
Madder, itc
Oil, OUve..
Opium
.. ..
Soda, bi-cb.
Soda, sal...
Soda, ash..
Flax
Furs
Gunny
1880.
ic—
China,
.Metals,
5.898
19,723
277,962
13,226
2,991
4.488
14,774
88,619
11,209
2,009
6.071
11.158
18,19b
933.416
2,946
12.247
12,184
899,670
5,508
bales
Hides,
&o.—
Bristles
. .
Jewelry,&cJewelry
. .
Watches
.
.
Linseed
Molasses
&o—
Cutlery
Hardware...
I
28,471 Champ'gne
2,183
baskets
2,565 Wines
1,366 jWool, bales.
15,369 \Re2)orteil by
.
I
406
7,215
24,474
24,849
1,131
2,989
value.
[Cigars ...
Corks
Fancy goods
IFish
Fruits, &c.
500
Lemons
1,701
Oranges
62 947
86,849
4,013
33,000
1,078
-
—
..
.
...
N\its
1,418
413
159.979
35,063
3,0^3
3,943
838,t93
28,570
476,029
5,251,608
47,511
258,633
773,411
372,336
24,617
276
52,030
76,718
66,362
30,804
55,203
16,915
647,743
37,156
399,311
187,509
531,412
25,964
316,055
146,586
589,253
373,907
1,108,047
403.791
1,112,105
Raisins
533,712
510 Hides, uudr. 11,563.890
1,830 Rice
101.076
20,833 Spices, &c.—
426 Cassia
87,431
Ginger.. ..
52,643
1,068 Pepper.. ..
279,834
248 Saltpetre...
205,969
224,737 Woods
26,935 Cork
210,120
Fustic .....
18,463
1,927 Logwood ..
337,207
190 Miihogany
94.995
l,63ti
.
Hides.dr'sd
India rabber
Cvory
I
.Steel
17,548
6,73s
1,515
30,251
3,424,3^0
208,841
Tin, boxes
669,69
Tinslbs.,lbs 14,475,025
Pa per Stock.
133,241
Sugar, hhds.
tes., & bbls.
252,891
Sugar, boxes
and bags... 1,114,261
Tea
432.195
Tobacco.. ..
31,4 89
Waste....
£05
Wines. &e.
.
Spelter, Ibi
I
1879.
ie—
Lead, pigs
1,564
6,115
cloth
Hemp,
4,461
14,586
10,017
2,345
48,238
3,404
4.318
822
20,684
809
7.952
31,086
34.370
3.031
5.617
Hair
Metals,
cotton dress goods.
95,390
205
142,572
734
213,824
448
151,493 18,774
37,550 1,228
2,402
lorconsumpt.
was
business was a peremptory auction sale of 1,503 cases prints and
printed goods, the balance of production of the Brunswick
Print Works. The sale attracted a large company of buyers,
250
50379
879
157
252
122
57
267
Cottou
Total on market
of their late buoyancy of tone. Under these
depressing influences, operations on the part of package buyers
were comparatively light, and as stocks in the hands of distrib-
have
Value.
$
TIIROW.V ISTO THE
IXG THE SAME VERIOIJ.
Wool
21, 18S0,
The tra le movement lias been very slow the past week, and
the volume of business light and unsatisfactory. The cotton
goods market was unsettled, with a manifest tendency towards
lowerprices, and woolen goods— though nominally unchanged-
1880.
Pkgs.
V.'ilue.
WAUEUOLSE AND
iiiOil
Total
Fkidat. p. M..
Pkgs.
Mauufaetiu'es ot
Enl'il
THE DRY GOOD3 TaADE.
1879.
Value,
Manufactures of—
118,000
63 1,737
908,854
20, 1880,
Pkgs.
1:10,990
124,000
XXX.
[Vol.
Iinportailoim of Dry HooAa,
Rye.
bush.
bush.
159,051
10,000
96,453
13,308
20,400
76,003
15, '80 20.357.948 12,092.104 2,024,787
May 8,'eO
May
Corn,
bush.
CH1^0^'lCLE.
303,847
330,079
4,282,790
56,153
169,323
63,195
265,343
149,028
211,308
67,535
323,821
82,948
546
Domestic Woolen Goods. The market for woolen goods has
Exports of Provisions.
remained quiet as regards the current demand, but fair quantiThe following are the exports of provisions from New York,
ties of clothing woolens were delivered by agents on account of
Bo.ston, Baltimore, Philadelphia, Montreal, Portland and New
former orders. Stocks of fancy cassimeres, worsted coatings, Orleans, for week ending May 15, 1880, and their distribution
cheviot suitings and overcoatings are, however, so well in hand
Pork, Peel,
Lard,
Paeon,
Cheese,
Tallow,
TO- ^ bbls. bbls.
lbs.
lbs.
lbs.
lbs.
{many makes being largely sold to arrive) that prices are
Bteadily maintained on most of the leading makes, though the London
411
443
16,000
750,150
12.600
1.242 1,041 3,163,194 8,730,889 1,452,126
801,000
advancing tendency noticed some time ago has doubtless been Livei-pool
Glasgow
186
818
732,358
876.623 233,280 300,700
checked for the present.
Kentucky jeans ruled quiet and Neweastle
75
75
92,750
592,325
16,500
Hull
62
299.600
680,200
352,200
satinets lacked animation, but prices remained unchanged. Bristol
30
228,660
916.100 173400
35,200
56,000
40,000
5,1W>
55,000
I'lannels and blankets were sluggish, and transactions in carpets British ports.
Rotterdam...
14
50
507,523
652,830
335,140
•were mainly restricted to deliveries in execution of back ordere. Hamburg
82
215 1,029,900
177.700
4,000
Bremen
...•
80
433,175
773,864
For worsted dress goods there was a moderate inquiry (with Antwerp
716,000
165,000
most relative activity in plain and lace buntings), but shawls Denmark
96,00C:
332,500
:
.
.
.
continued dull.
FoEEioN Dry Goods.— The demand for imported dry goods
las been almost wholly of a hand-to-mouth character, and
detailed
comment
therefore unnecessary.
Staple fabrics
lemain steady in price as a rule, but fancy goods (which are
subject to the vagaries of fashion) are in many cases offered at
is
a matetial reduction from quotations current in the early part
x>f the Season.
Havre
Marseilles
126
...
....
Italy
Brazil
Cent. Amer..
Am. ports
17
95
491
271
977
36
261
41
West Indies..
British Col...
Atlantic Is'ds
1,426
1,743
92
518
355
33
Total week..
7,249
4,060
So.
Cuba
Hayti
o
607,113
91,518
64,000
41,052
151,242
133,159
743,974
28,197
133,920
5.897
1,883
1,545,730
240,525
6,406
4,873
27.S92
186 444
3,673
21,503
6,000
13,923
79,000
1,064
4,882
6,332
1,811
4,423
3,120
6,295
86,425
18,753
2,921
9,095,066 17,227.801 1,901,585 2,795,312
Mat
THE
22. 1880.1
(;HR0NJ(^LE.
Financial.
Fiiiniic'al.
&
Jesup, Paton
BANKERS,
William Street, New
53
The Brooklyn Trust Co.
Co.,
Cor.of Montague
This Company
York.
•
HilmerSjMcGowan & Co
Com-
mercial
bills.
No. 42 Broad Street,
Transact a Genor.il Banking Business,
s. buy
bu and sell
on comniLnslon all securities dealt in at
...^ New
a- the
.,.;..
4ork. Pliiladeliihiu and Boston Stock Kxchnnges,
e ther for cash ur on margin.
Special attention
given to Mining Mocks.
Jos. C.
No. 45 Wall Street,
Co.,
BANKERS,
63 CEn.AK
securities.
Interest allowed on deposits. _
Investments carefully attended to.
&
Oilman, Son
Transact a general banking and brokerage business in Railway Shares and Bonds and Government
In addition to
and
sell
5
F. Zebley, Jr.,
BANKER AND BROKEE,
BKU.ID ST., NEW YORK,
Jas. L.
And 83 Devonshire
Special attention given to Defaulted Railroad and
Municipal Socurltios of Illinois, Kansas, Slisaourt,
owa and Nebra.ska.
full
&
Trask
information
BANKERS AND BROKERS,
A
BooDY.
C. W. McLellan,
REUBEN LELAND.
&
Jr.
21
Co.,
New, Newr York.
INVESTMENT SECURITIES.
\V.M. C.
IN
SUELDON.
VVM. B.
Wadswokth.
mtid Sell en Commission,
New
Smith,
Bay and
Se-
W.ll. K.
Member
OWENS.
N. Y. Stock Exchange.
&
Owens
UA
N
K
GEO. A. MEKCEB.
Mercer,
K K S
ANI> COM.MISSION STOCK BROKERS.
7 Exi'lianse Court au<l 52 Broadirajr.
Interest allowed <m deposits, to be dniwn at will
Also, Contnicts made and cjtrried in New York
&
Kimball, Howell
C. II.
KI.MBALL,
J. P.
Members
68
HOWELL.
Co.,
N. P. HEXDEllSOK.
N. Y. Stock Exchange,
BROADWAY AND
17
XEW
ST.,
Buy, Sell and Carjiv on Mar3ins
AU Seenrities dealt in at the
Exelaanse
H. W. Rosenbaum,
Excbange Place,
BUYS AND SELLS
RAILROAD BONDS AND STOCKS.
ALL CLASSES OF INVESTMENT AND MIB
CELLANEOUS, SECURITIES NOT ACTIVKLY
DEALT IN AT THE NEW YORK STOCK EX
CHANGE A SPECIALTY.
Correspondence solicited and Inforuation cheerfullv furnished.
John
B.
Manning,
BANKER AND BROKER,
No. 14 AVall Street,
New York
City
Sell
2 GO niddle Street,
Investment Securltlea.
BOX 2.S47.
Dodge, Potter
&
Co.,
BANKERS
AND
COTTON COMMISSION MERCHANTS,
34 PINE STREET,
EXCHANGE PLACE, NEW YORK.
'
Ne-w York.
Exchance.
Swan Barrett,
BANKERS AND BROEEBS
York.
A.M.Kidder. Wayi^vnd Trabk. H. J.Mobse.
&
New York stock
&
P. O.
BROAD STREET.
Stocks, Railroad Bonds, Governments, an-d
misceixankous secubities, bocgbt and sold
nil
CoLEMA.v Benedict.
Jas. McGovekn, Jb.
Y. Stock and Mining Exchanges.
Transact a General Banking Business, Including
the purchase and sale of STOCKS and BONDS lor
cash or on margin.
Co.,
STOCK AND BOND BROKERS,
No. 52
NEW YORK.
Member N.
STREET,
No. 18
BANKERS AND EROKEE.S,
D. Probst
ST.,
Stocks, Railroad Bonds. Governments, and
curities dealt In at the New York Stock Exohange
bought (uid sold for Investment or carried on mar*
gin. strictly on commission.
<A^ Co.
BANKERS,
WALL
4
J.
BROAD
24
C6t3 With US.
Member of the
EDWARD POMEKOT, W.n. COX,JK., OSCAR B. SMITH.
No, 37
York.
A SPECIALTY
for Cash, ir on
&
New
State, Municipal and Hallway Ponds and Conpona
bought and sold at best market rates. Investors or
dealers wishing to out or sell are Invited to communi-
Stocis, Bonds, and all Invctimtmt
Stcurititi, in tats to tail.
Pomeroy, Cox
St,
SOUTHERN SECURITIES
4 ExcJiange Co.irt, New York.
n^tiart memttrshif in N, Y. Stick ExcAangt,
Margin,
30 Wall
A:
Coleman Benedict & Co.
c5" Co.,
BANKERS and BROKERS
Buy
Nos. 37
All classes of negotiable securities bought and
sold at the Stock l<;xchange on Commission. Advances made on ^ame.
Special attention to business of country banks.
Elliman,
BONDS. STOCKS and INVEST.MKNT SECURITIES
BOUGHT AND 30LD ON COMMISSION.
C. A. BCTTKICK, Member of the N. V. Stock Eich'se
W.«. Elliman. Memoer of the N. Y. Mining Bxch'ge
51
otke:
.Mr. J. M. Drake has been a member of the Ne^
York Stock Exchange since 1852, and will give per.
sonal attention to all business enlrustedto the llrii,.
BANKERS AND DEALERS
&
Buttrick
BANKERS AND BROKERS,
BONDS"
GOVERN.MENT. STATE. CITV. and all
Negotiable Securities. ON COMMISSION.
U. S.
BO.\DS AND STOCKS.
T IVall St., Cor.
Kimball
STOCKS AND MI8CKL.
LANEOL-8 SECURITIES.
DREXEL BUILDING,
22
Wall St., New York.
BUY and SELL RAILROAD STOCKS and
Sheldon & Wadsworlh,
10 WAtL STREET,
BANKERS AND BROKERS,
J^. tTT
AND
Foote,
WALL STREET,
AXU BKLL
BITT
BANKERS,
447.
A. H. Brown
and Inierest Allowed.
Co. yamesM. Drake & Co.
58 Broadway, cor. Exchange Place,
TRANSACT A GENERAL BANKING BUSINESS,
l-VCLUDING THE PURCHASE AND SALE OF
STOCKS AND BONDS FOR CASH OR ON M.\R.
GIN. BUV AND SELL COMMERCIAL PAPER.
Box
B0.VD8.
lit
CottoT !ind Produce Kxchanfces. We issue u Dally
Letter which will be sent on upptlcation.
Francis,
Cor. Maiden Lane & Jam es St., ALB.\NV, n. yTransact a General Banking Business.
ST.>CKS and BO.VUS Bought and Sold on Con .
mission, and ciirried on Mar.ins.
«^
GOVER.NMPNT
Ronton.
ALSO,
BANKERS,
No.
Y'ork,
70 Briadway A- 15 iNewSt.,New York.
Uepositj? received
D.
New
Street,
Bl'y and Sell on Co.mmission all SEcritiTiES
Current at the New York Stock E.\ohangk.
Allow Interest o.v Deposits. Make Advances
ON Approved Collateral.
st( cks.
l3oodi|t
P. O.
y. Stock Exchange.
*
N. Y. Mining E.xch'ge
No. 19 Rroad Street,
Investment Securities.
Orders executed at the Stock and Mining Exchanges.
Correspondence solicited and
given on all classes of bonds and
Member
ANTHONY, I'OOR & OLEl'H.VNT,
BANKERS AND BROKERS, .
(DKEXEL Bl'lLDIXG)
Dealer in
ANTHONY. Member N.
THB NKOO-
STOCK AND BOND BROKERS,
General Banking Business, buy
Government Bonds and Investment Securi-
HENItV W. POOB.
&
Hatch
BANKERS,
a.
Jas. H. olipua.vt.
New York.
Street,
RAILROAD kECUBIlIE*.
STREET.
ties
John
Pine
SPECIAL ATTENTIO.N GIVEN TO
TIATICS or
CO.,
dc
BA NK KR8
WALCOTT,
FRAXK K. DICKI.VSO.V.
Members N Y. Stock and Mining Exchanges.
Gwynne & Day,
fEstablialiea 1354.]
WAI.C'OTT
BIIOWM,
.A.
BAN KERN,
H
TItUSTKKS:
C.
rUKU.
Walston H.Brown & Bro.
N. Y.
wm. B. Kendall. Henry ."jinfer. Alex. McCae,
Jolni P. Kc.lfe.
Chus. H..Marvin. A A. I,.)W.
Thninufl Sullivan, Abm. Il.lluylis. Henry K.Sheldon
U. E. Plorrepont. Pan! Cliauucoy, John T. Martin,
Alex. M. White, .loslah o. Low, Ripley Ropes,
Austin Corbin. Kdin\ind W. Corlles.
W.M. H. BU.NKKU. Secretary.
J.
B. nUOW.V.
is
mlnistrator.
It can act as agent In the aale or management of
real estate, collect Interest or dividends, receive
registry and transfer books, or make purchaie and
sale of Government and (,tlier securities.
IteltKliius and charltal/le liistitntlons.and penons
nnaccuatonied to the (ninsuctlon of bualnea*. will
tlnd this ( imipany a safe and convenient depository
for money.
Rll'LKV Hcil'BS, President.
CHA^S It. MARVIN. Vlce-Pres't.
EOGAR M. ClTLLE.v, Counsel.
IN
Foreign Exchange, Stocks and Bondsi,
«3 WTall Street, New York.
(P. O. Box 2 847.)
Special attention paid to the negotiation of
A Clinton ttl.. BrooUrn,
authorised by tpecittl charter to
act us receiver, trustee, guardlaD. executor, or ad*
Acceunta and Ajtoncy of niinhit, Corporal lona,
Brins and individuals received upon favorable terms.
Dividends and interest collected and remitted.
Act as agents for corporations In paying coupon*
and dividends'; also as transfer agenta.
Bonds, stocks and securities bought and sold on
commission.
Sound railroad and municipal bonds negotiated.
Sterling excliango bouglit and sold. Drafts on
Union Bank of London.
BROKERS
Financial.
WAL«TON
PORTLAND, MAINE,
Dealers In Govemmcn^ State, Conaty, City uid Railroad Bonds, Bank Stocks, Ac.
Desirable Investment Securltlea constantly on band
P.
F.
Keleher
&
Co.,
BANKERS AND BROKERS,
No. 305 Olive Street,
ST. LOUIS, MO.,
Buy and
Government, State, Connty. Tovnalilp
ana Municipal Bonds. Coupons collected. Misaonrl
Bonds a specialty. Forelen exchange bougatand sold
sell
THE
VI
(;hkonicle.
Inso^ancc.
Financial.
E.
S.
7
Bailey,
PINE STKEET.
Insurance
OFFICE OF THE
ATLANTI C
Stocks
A SPECIALTY.
Mutual
Cash paid at once for the above SecuriMes or
they will be sold on commlaBlon, at seller's option.
;
Financial iRevi'ew,
:
(ANNUAL.)
The United
1880.
Life Insurance
FOR
INVESTORS AND BROKERS.
CONTENTS.
Figures and
Currency Movements.
New York City— Bank Returns,
Ac.
Market and Bank Returns.
CommercialUnited States— Foreign Commerce, Trade
Balance, V. 8. Exports and Imports of
Leading Articles. London— Review of
and Trices of CalULoans and
Commercial Paper since 1872.
Gold and SilTer—
Production, Exports and Imports of Gold
Silver in
tlic
Interest Tabic,
on Securities Purchased at different prices.
tlieir
Securities-
FisAKCiAL Chronicle
j
^
""
other Stocks
Assets, viz.:
$8,875,558
00
1,307,900
00
500,(K)0
00
Loans secured by Stocks, and
otherwise
Real Estate and claims duo the
Company, estimated at
Premium Notes and Bills Re-
application, send Circu-
MARINE AND FIRE IN.SURANCE.
ceivable
1,522,826 35
231,455 16
CasUln Bank
Total ^Vmount of Assets
;
ing certificates of profits -nail bo paid to the
holders thereof, or their legal representatives,
on and after Tuesday, the 3d of February next.
DANA
&. CO.,
81 William Street, N.
It.
AGAINST
$810,804 75
All Risks Written at Reasonable rates.
W. IRVING COMES, President.
WAINWEIGHT HAEDIE, Vice-Pres't
HENRY D. KING, Treasurer
pnMlii
NEW
YORK.
PRESl DEN1
rvrpJ 'll.i£l'KgI°N
^£
«£?i^A^5.9)'^° DESCRIPTION O
IFE AND
ENDOWMENT
Insurance
A
DlTidend of Forty per cent is declared on the net earned premiums of the Company, for the year ending Slst December, 1879,
for which certificates wiU be issued on and after
Tuesday, tho 4th of May next.
By order of tho Board,
81
30
A. A. Haven,
00
00
Net Surplus..
CashAs.sets
$6.410,9&8 11
ymted states, available for the PAYof LOSSES by
and for the protection of Policy-Holders of FIRE INSURANCE:
in Banks
$233 299 29
Bonds and mortgaBos, being first lien'on
(worth *4. 171,400)..,
1.886,653 OO
t/^I'' f^l'^i"
United
States stocks (market value).... 3,184,128 00
Bank stocks (market value)
200.702 50
State and municipal b'ds (market value)
837,859 50
Loans on stocks, payable on demand
(market value of securities $543,592). 418.670 00
Interest due on Ist Jauuary, 1880
54,870 66
Balance in hands of agents
154 114 87
Real estate.
54 125 91
Are
Cash
due and uncollected on
cles Issued at this oface
Total
»oli'....
Lewis Curtis,
Charles H. Russell,
James Low,
David Lane,
Gordon W. Buruham,
1880.
$3,000,000
1,841,438
248,764
1,320,785
MENT
TR1TSTEE!
D. Jonee,
Charles Dennis,
W. H. H. Moore,
J.
BROADWAY.
DAY OF JANUARY,
CASH CAPITAL
^£,'2,1,'!.,'''?
H. CHAPMAN, Secretary.
Company
Fiity-TIiird Semi-annual Statement,
showing the
CONDITION OF THE COMPANY ON THE FIRST
POlICIEl
)N.t5BMS AS FAVORABLE AS THOSE: "' Premiums
-ANY
OTHER COMPANY?
.__„ ORGANIZED APRIL IZTh i842.
paid.
J.
SUOTMARY OF ASSETS
UTUALLIF
I
•
Wm.
William E. Dodge,
Royal Phelps,
Thomas
C. A.
F. Y'oimgs,
Hand,
John D. Hewlett,
WlUiam H. Webb,
Charles P. Burdett,
f6,410,988 11
CHAS. J. MARTIN, President.
J. U, WASUBUBN, Secretary,
J.
Horace Gray,
Edmund W.
Corliea,
'
John Elliott,
Alexander V. Blako,
Robert B. Mintum,
Charles H. Marshall,
George W. Lane,
Edwin D. Morgan,
Robert L. Stuart,
James G. De
Sturgis,
Adolph Lemoyne,
Beijamin H. Field,
Joslah O. Low,
J.
6,507 38
Ontstanding
Certificates of tho issue of 1876, will be
redeemed and paid to the holders thereof, or
their legal representatives, on and after Tuesday, the 3d of February next, from which date
Interest on the amount so redeemable will
cease. The certificates to be produced at the
time of payment, and canceled to the extent
HOME
Reserve for Re-lusurance
Reserve for Unpaid Losses
Insurance.
OF
Flftr per cent of the
Mutual Insurance Co.,
ASSETS Jan. 1,1880
$12,437,739 51
Six per cent Interest on the outstand-
COMMERCIAL
OFFICE, 119
PUBLISHERS,
SStlF«;
840,736 77
The Company has the following
United States and State of New
York Stock, City, Bank, and
lars giving full particulars.
Office of Middle Department, Boreel Building?
No. 117 Broadway, N. ¥., Henry W. Baldwin, Sup't.
©F NEW TORK,
^
1,524,331 04
penses
INCON-
BISKS.
Price oftbe ReTlenr, in Ciotta
$2 00
To Subscribers of the Commercial ) , /,«
J
3,875,101 26
same
Returns of Premiums and Ex-
ANY CAUSE, EXCEPTING
I.VSrnBS
Railroads in the United States.
Railroad Earnings.
The New York Stock Market, 1860-1880.
Prices of Railroad Bonds, 1872-1880.
Prjces of Railroad Stocks, 1860-1880.
&
from Ist
1879
Losses paid diM-ing the
period
.,
;
MARINE, FIRE AND INLAND NAVIGATION
State Debts and Immunity from Prosecution.
Pflces of State Securities, 1860-18^0.
79
ber,
NO SURRENDER of the Policy is required only
a notice from the policy-holder, on blanks furnished by the Company.
Mate Debts and Securities-
B.
off
January, 1879, to 31st Decem-
Nos. 57 and 59 William Street.
Debt of the United States.
Prices of U. S. Bonds, 1860-1880.
WILUAM
Bisks.
Premiums marked
The new form of Endowment Policy provides :—
That if the ENTIRE RESERVE Is a greater sum
than the single premium required to carry the full
amount of insurance to the end of the endowment
term, the excess shall be used as a single premium
to purchase a pure endowment, payable at the end
of the term, thus guaranteeing to the policy-holder
In every event the full value of his Reserve.
Stock Speculation in New York.
United States Debt and Securities-
*
$5,371,048 49
Policies have been issued
upon Life Risks; nor ux>on
Fire disconnected with Marine
default.
Showing Accu
multions of Money in a Series of Years.
Table Showing the Bat6 Per Cent Realized
Bailroads and
miums
No
it.
The Company will, upon
91
Total amount of Marine Pre-
Should the d ath of the insured take place during
the continued term of insurance as provided foiabove, the full face of the Policy will be paid— no
deduction being made for foreborne or unpaid
premiums, excepting In the event of the deatl
occurring within three years after the original
three years,
58
United States.
Fdreign ExchangeMarket and Prices in New York, 1870-1880.
Investments and Speculation—
Compound
from 1st January, 1878,
to Slst December, 1879
$3,699,066
Premiums on Policies not inarlcedoff Ist January, 1879
1,671,981
Rislis,
After the premiums for three or more years hay
been paid, upon receivinK the required notice from
the assured, the Company will continue the Policy
in force without further paymeuts, for its KULL
FACE, for such a period as the ENTIRE RESERVE
TESTIBLE FOR
FRAUD.
on the 3l8t December, 1879
of Its affairs
surlng elsewhere.
mafeing the Policies, after
Co.
Premiums received on Marino
and CONDITIONS in regard to travel, residence,
occupation and cause of death are removed, thus
Influences,
and
Comp'y)
AFTER THREE YEARS, ALL RESTRICTIONS
Bank Returns, &o.
Tl»c noney OTarhet—
year,
Insurance
New Yobk, January 24, 1880.
The Trustees, In conformity to the Charter of
the Company, submit tho following Statement
Examine the now form of Policy issued by
United States Life Insurance Company before
will carry
Retrospect of 1879.
nercantlle Failures.
Banking and Financial United States— National Bank
States
261- 264 Broadwajr, N. Y.
•
Assets,
$4,983,226 81
Surplus,
872,484 06
JAMBS BUELT I>I«sldent.
LIBERAL AND IMPt RfANT C0NCK9SI0NS IN
LIFE INSURANCE CONTRACTS.
Ah MANUAL
London— Money
XXX.
Insurance.
Dealing
lUE
Vol.
I
Forest,
Frederick (Dhaimcey,
Charles D. Leverlch,
William Biyce,
WiUlam H. Fogg,
Peter V. King,
Thomas B. Coddington,
Horace K. Thurber,
Wllll.am Degroot,
.
Henry Collins,
John L. Riker.
D. JONES, President.
CHARLES DENNIS, Yioe-President.
W. H. H. MOORE, 2d Vice-Presideut.
A, A,
EAYEN, 3d
Yioe-Fresiaeut.,,
J5,
I
Mat
THE CHRONICLE.
aa, 1880.]
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direct service between New York and the west coast
from
Sail
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of South America.
Kor Kl.VOSTON, ASIMSW.M.I,. OllEVTOWN. CoI.O.\luiA, Pana.^i-a and SocTH Pacific PoHTs:
Maya.'., ALVO....
June 8
ANDES
Kor llAYTI:
ATUOS
ETNA
Maya" ALPS
June
I
For PoitTo Rico
i
10
NEW
Special attention given to the execution
10
Superior accommodation for flrHt-ctass passengers.
For freight or passage apply to
PIM, FORWOOli Jk tX)., General Agents,
No. 37 Wall Street.
DERS FOR FUTURE CONTRACTS.
133 Pearl Street,
Commission Mercha.vts and Ship Agents,
and llnukow.
America, !<. \V. POMEROY, Jr.
New York Office, 50 Wall Stheet.
Boston Office, 44 Central Stkeet.
&
United States Bi.nilnic <'oinpanr.
Widths and colors alwayi
Dnane
'
Id stock.
Street.
&
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E.
appearing In
American
14 Monthlies (or Harper's M'e^kly or
Jtnzir) will be sent fur a year, both postpaid ; or for
*9
50The Living \ay:Aaaihe St.Skholasov Apple-
ton'i Journal.
XOOOT & JEMISON, GalTeston,
Wm.
I.ITTEI.I.
ft
CO., Boaton.
Texas.
Felix Alexander,
COTTON BROKER,
AVGVSTA, GEORGIA.
for
COTTO!'
•>•>
SPINNERS and EXPORTERS
COBRKSPONDKNCX SoUClTXD.
References :— Kational Bank of Augusta, Gaorgis
Henry Hentz & Co., Commission Mercbaata Nev
York;
Wnuam
B.
Dana&
Co., Proprietors CosucJia
AND Financial Chsoniolx, and other
Yoik Honsei.
CIAi.
iniI.TVARD«S HKI.1X
400
NEEDLES
BROADWAY, NEW YORK.
D.
W. Lamkin &
New
Co.,
Cotton Factors,
VICKSBURG, niSS.
Orders to Purchase Cotton In oar market solicited
Refer to Messrs. TUOMAS J. SLAUUUTER
New
'tn.
GOLD MEDAL,
FABIS, 1878.
His Celebrated yumbert,
303-404- 70-36 -332,
and hit other ttyle^ inay be had of ail dealers
throughout the world.
& Sons.
Y'ork.
John
F. Wheless
&
Co.,
COTTON
COIWmSSION MERCHANTSi
I
I
Josepll Gillott
Address,
Co.,
COTT®N COMMISSION MERCHANT8
No. 10 Old Slip, New York.
ORDER
THE LivlSG Age
CInb Prices Tor the best Home and
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For HO 50 The Living Age and either one of the
&
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.^
sheets.
Jemison
S.
Entire attention given to purchase of
subscribers for 1H.S0 will be sent Rnitls
the numbers ut 1879 which contain, bcsitles cither
interostintf matter, the first chapters of "JfB who
WILL NOT wilKX HE MAY," a new story by MRS.
OLIPHANT, now
Co.,
STR1PK8.'
To all new
£rom advance
&
AND
Also, Auenls
all
sale
PEARL STREET, NEW YORK.
13S
In
'
N». 100
and
COTTON BSOKERS,
OOTTON CANVAS. FKLTINO DUCK, CAR COVER
UJG, BAGGING, RAVENS DLXK. SAIL TV( US'ftS
*C "ONTARIO SKAMLKRS BAGS.
"AWNJNO
York.
DEUVKRT OF
Hindi of
all
New
3,909.
Geo. Copeland
COTTONSAILDUCK
snpply
O Boi
C )TTON.
Co.,
Manufacturers and Deaiere
'Ull
P.
Advances made on Constgnmcnts.
Special personal attention to the narchate
O! *• CONTRACTS FOR FUTLKK
Turner
Brinckerhoff,
And
Farley,
FINANCIAL AGENTS
Co., China,
HoDK KenKt Canton, Amsy, Foecliow, Slianv
In
H.
J.
COTTON FACTORS,
COMMISSION MERCHANTS,
AKD
&
Lmyo
1880.
W. &
H.
Commercial Curd§
liai
YORK.
11
:
Russell
II. W. IlANKHAIC
Son of J. T, llaneman
Knoop, llanemann &
Mohr, Hanemann & Co.
COTTON BROKERS,
123 PEARL STREE
.
:
June
May 20 CLARIBKL
For NOUTH Ja.maha an<l Mau.aCAIUO
May
June V ARRAN
IIOUSSA
A
York.
MOHH. CLCMENHFlSrnKK,
late of
Panama with the stuumers
Agent
New
Cotton.
G Bowline Green.
(
OFFER FOR
II Old Slip,
Passage;— First cabin, IIOO; steerage, 132.
LOUIS DEBEBIAH, Asent,
by the fallowing
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fresh example of the judgment in selection and
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and AlKoria.
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43ft4A WBITC HTUEIT,
IS CnAI'MCBY ITStCT
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J. W. DAYTON. JOO CHEHT.VUT BTBSrr.
„
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sufficiently indicated
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COMPLETE compilation of an indispenfrable current literature,— indispensable because it embraces
ihe production of
is
i'r(HU
NEW
:
Littell's Living Agr.
In 1880.
Iloslerf, Shirts
Blri'nl.
Trav('ler.H by thU llni.' avoid both transit by KnirlUli Itallway and the disc<inifort« of orosslnK the
('haniioi it) a small bout.
t-antclll. ..Wed., .May 80, 7:30 A. M.
«T.
I'KKKllfK. Danru
Wed., .Mine «. 1:80 P. M.
B. Jouclii
Wed., June », »:aO A. M.
l'ASSA(.K. (inciiidinu wine;
IMtlCK
To Havre— First cabin. « KM and (Ml: second cabin,
(nn.
StceraKe, I^S IncludInK wine, beddlntf and
W. W, »tory, TurKiienlel',
KiiHkIn,
and many others
A-M)
Kroni l'ior(new) So.ii .NorthKiver, fuot of Morton
A Freeman, Prof Tyudall, Dr. W. B. CarLAIKKNT,
peuter, Fraucco Power
Cobbe, Tbe Dnke ol AMEUIOUK, OK
Argyll, Wni. Black, MUn Tbackcray,
jnrrn. jTIalacb-Cralk, Ueo. macDoiiald,
utonsils.
Keturn ticlcets at very reduced rates.
Mr*. Ollphaiit, Jean lutcdow, Tlioiuaa
Checks drawn on Credit. Lyonnals of
IIardy,IfIutlhew Arnold, Henry KlnsH- amounts to suit.
AI.KNTS KOK
miU, Chlroitee fflf^. Co.
Burllnirtnn Woolen t.'o.,
Ellerton KcwTlllU,
Atlanllc Cotton nilla.
Saratoga Victory yttic- 4'o., ticcao .Hills
AVashlnston
GENERAL TRANSATLANTIC CO.
Between New York and Havre.
Uladntonc, San.
A. Froude, Prof. Huxley, U. A. Proctor, Ed.
E.R.Mudge,Sawyer&Co
Direct Line to France.
A iitliom,
max
W. E.
VII
New Tork.
NASHYILLE, TEXNKSSKB.
Special attention given to Spinners' orden.
Corro.
Bpondcnce solicited.
RxPEBKScis.-Thlrd and Fourth National IBanlv
and Froprlctore of Tax Cosoniclx.
IKE CHRONICLE.
nil
Cotton.
Cotluii.
Woodward &
Stillman,
SEAMEN'S BANK BUILDI.NG,
&
Nos. 74
YORK.
INMAN,SWANN&Co
GENERALCOMMISSION MERCHANTS
liOANS lOADE ON ACCEPTABLE
Cotton I^rekaiige HniUlhig^,
101 Pearl Street,
New
Tork.
SECITHITV.
liiberal
Special attention paid to the execution of orders
for the purchase or sale of contracts for future
delivery of cotton.
&
Henry Hentz
Co.,
GENEnAL
COMMISSION MERCHANTS,
Sua lb William
8
New
St.,
York.
Advances made on Conslsfnmenta
SOUTHERN SECURITIES.
FINLAY,
&
HIKVISt
CO.,
CALCUTTA AND BOMBAY.
FUTURE CONTRACTS FOR COTTON
»nd soM on Commission
in
-
BABCOCK BliOTHERS &
50 Wall stexkt.
&
Waldron
Nevf
Tainter,
iETNA
&
Co.,
COTTON BEOKERS,
street, Neiv
IIT Pearl
g4
&
Co.,
MERCHANTS AND BANKERS,
BROAD STREET, NEW YORK.
Llbiral Advances
made on COTTON
H. Tileston
COTTON,
25
&
STOCKS,
in Store.
Co.,
BONI>.«,
HENuy
whitmore &
GILLI.'.T
Ware &
SCHBOEDEtt
Schroeder,
COTTON COMMISSION? MERCHANTS,
111 Pearl Street,
New
Liberal advances
made on con-
WALTER & KROHN,
COTTON BROKERS,
»8 BEAVER STREET NEW YORK.
Tames F.Wenman& Co.,
,
Bennet
&
KEW
.
—
Mercantile
Co.
Ins.
OF
LONDON AND FDINBDRKH.
Li.me,
United Stales Board of Manageaaent,
NEW YORK
SOLON HUMPHREYS, Ch'rn,(B. D.Morg«n A Co
DAVID DOWS, Esq. (David Dows & Co.)
W.
CRENSHAAV,
G.
Crensela^w
Pres't,
f FABBKI,
E.
Warehouse,
.
Iselin
&
Co.,
ASTOU,
Ottlce
CONRAD &
(;o1.;
London
CO.,
LOUIS.
Buena Vista and GunDallas and Housto.v, Tex.
Branches in Leadville,
nison City,
best and healthiest Beer In tlie world. Warranted
to keep in all climates. Agents wanted in all towns.
Ask yov/r Grocer for Conrad's Budiveiser.
JAMES
HENRY
E.
A8St.
Deputy Manager.
U^^ion Ins.
C^o.
(OF LOXDON),
A
YORK.
Resident Manager.
L^Oinmercial
STEEL AND CHARCOAL
IRON of superior quality
suitable for MINING AND
HOISTING PURPOSES
STREET,
PULSFOED,
W. EATON, Deputy Manager.
GEO. W. HOYT,
Wire Rope.
Inclined Planes, Transmission of Power, &c. Also.
Galvanized Charcoal and
BB for Ships' Rigging, Suspension Bridges, Derrick
Guys, Ferry Ropes. &c.
large stock constantly on
hand from which any desired lengths
are
cut.
& Globe
45 Williain St>
BUDWEISER L.AOJBRBEER,
IN BOTTLES,
made from im purled Saazer Hops and choice
Bohemian Barley, universally acknowledged the
&
Insurance Company^
Sole Proprietors of the " Original Budweiser.'*
Trademark registered in 1877-
Foulke,
New York.
Liverpool
Orders left with Messrs. ISELIN & BARKER
No. 14 Broad St., will receive immediate attention.
ST.
MANAGERS,
54 'n'lUIam St.,
OFFICE,
BUOADIVAY.
No. 35
Esq.
CHAS. E. WHITE, SAM. P. BLAGDEM,
MEMBERS CHICAGO BOARD OF TRADE.
OPTIONS BOUGHT AND SOLD.
NEW YORK
Morgan &Co.)
S. B. CHITTENDEN.
EZRA WHITE. Esq.
J. J.
John H.
Esq. (i.rexel,
:
Hon.
Rlcbiuond, Va.
ALFRED
FLAT STEEL AND IRON
ROPES for Mining pur-
Special attention given to tne execution of order
delivery.
&
British
And want a ^ood working agent in every thriving
cotton-growing county. Apply (with reference) to
1S41.
or the purchase or sale of Contracts for Future
North
Virginia
AND
coniniissio]^ merciiaivts,
131 PEARI.
York.
Agent.
"ORIKNT COMPLETE MANURE."
COTTON BnOKBBS,
No. 146 Pearl Street, near W^all, N. 1.
gsUblls hed (In Tontine Building)
&
Ajimoniated Bone Sui'ekfhosi'hate of
C.
Ivery of cotton.
Kew
St.,
"Orient."
Atlantic
for the purchas-e or sale of contracts for future de-
llKnments.
4,868,683 85
$2,045,458 94
ALISXANSER,
JTAS. A.
Fertilizing Co.
York.
Special attcnticn paid to the execution of orders
18;9..
'Eureka"
I
WILLIAM STREET, NEW YORK.
H. Waee.
co.,
00—
351,499
losses, etc
NKr SURPLUS, Jan. I,
No. 2 Cortlandt
offer their standard brands
&c.,
Orders in " Futures" executed at N.Y. Cotton Exch.
Unpaid
BEEKMAN STREET. NEW YORK.
Orient, L.
C ttted
86,914,147 79
W
Works at
Orders for Spot Cotton and Futures promptly exe"
R. M. Waters
Total Assets, January 1, 1879
JS;,000,onfl 00
Capital
Re-insuraTicefund. .,, I,i>17,18!*
AGENTS:
The
York.
OF HARTFORD.
Plated Papers.
Bond Papers.
d.
Company
Insurance
ami Record Papers.
Machine Uaud->Iade Papers.
Antiauc Parchment Papers.
Paukei's* Ledger
45
Y'^ork.
Insurance.
Whiting Paper Co.,
street, N. If.
Dennis Perkins
CO.
orders «zecated at &be Cotton Exchanges in New
York and i^,,crpc»I isd tirtsces made on Cotton
and other produce consigned to us, or to our correspondents In Liverpool, Me-srs. B. Newgass & Co.
and Messrs L. Rosenheim & Sons.
miscelluiicoiif.
jaues
140 Pearl
DURB &
Montgomery, Ala.
EXCHANGE PLACE.
40
CO..
HOLIOKE, mASS.
COMMISSION MERCHANTS,
Vork.
LEHMA.N,
CO.,
KewCrJeauB, La.
Future " orders executed at N. Y. Cotton Exch'ge
New York and Liverpool.
ASD
New
COMUISSION niEneHAKTS,
GENERAL, COTTON MERCHANTS,
97 PEARL .STHE-ET, NEW YORK.
'
C01T0N FACTORS
LznMAN, A -IBAHAM &
LIVERPOOL,
IT AVatcr Street,
bought
Gwynn & Co.,
Fielding,
111 Pearl Street,
Liberal advances on consignments of Cotton for
Sale in New York or Liverpool. Especial attentioa
given to Sale and Purchase of Future Contracts.
both in New York and LIVERPOOL, on reasonable
terms, and protits paid as soon as realized in either
Receive conslgnnients of C'-tton and other Produce,
and execute orders at tlie Exchanges In Liverpool,
Represented in New York at the olHce of
niessrs. JAMES FINLAIT & CO.,
UTEBPOOL, LONDON AND GLASGOW.
Messrs.
COMMISSION MERCHANT,
LEHMAN BRO'S,
B. F.BABCOCK&CO. Cotton
Factors
COMMISSION MERCHANTS,
AND
to
Also execute orders for Merchandise through
Robert Murdoch,
market.
LOANS MADE ON
advancerniade on ConslRnments.
22, 1880.
Cotton.
COTTON
COMMISSION MERCHANTS,
T6 W^all Street,
NEW
[May
PELL,
Resident Manager,
poses manufactured to or-
JOHN
der.
IflASON
43 Broaaway,
& COm
New York*
3r
&
39 Wall
Street,
^
@FedFRASER