Full text of Commercial and Financial Chronicle : May 23, 1874, Vol. 18, No. 465

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MAGAZINE,

MERCHANTS’

HUNT’S

gi SWneMtj Dkwjsjnipc*,
REPRESENTING THE

tude of others

con T E Mf8.

Banking Precautions and Duties
Foreign Trade

Agents of National

513
514

The Outflow of
Metals and our

the

Precious

Latest Monetary and

Activity..
Changes in

Redeeming

the

Banks...

Commercial

519

THE BANKERS

GAZETTE.

521

Banke, etc
Quotations of Stocks and Bonds
New York Local Securities
Investment and State, City and

Money Market, U. S. Securities,
Railway Stocks, Gold Market,
Foreign Exchange, New York

City Banks, Boston Banks,

524

525

526

Corporation Finances
Philadelphia Banks, National
THE COMMERCIAL TIMES.

534

529 1 Dry Goods
530 Prices Current

Commercial Epitome
Cotton
Breacistufls

535

533

$l)e €l)rontcU.
is issued on Satur¬
to midnight of Friday.
SUBSCRIPTION-PAYABLE IN ADVANCE,
and Financial Chronicle, delivered by carrier to city

The Commercial and Financial Chronicle

day morning, with the latest news up
TERMS OF
The Commercial

recognize aming the notorious causes

we

of

517 last year’s

News

,515

promising to repay

financial disasters, the fact that a number of
bankers and financial firms, who owed millions on call, had
sunk those millions of capital in railroads where it could not
be got at when the owners wanted it. If we ask whether
this dangerous cause of pan'c is still in operation, or is likely
to bring on a relapse next fall, the answer is, that so far as
our banks are concerned, no new loans of this kind seem to
have been made for many months.
The panic put an
effectual stop to this mode of bad banking. Banks, as has
been a thousand times said, a**e not constituted to lend fixed
capital. Railroads; farm improvements; buildings, public
and private; should not rely for their means of construction
on funds obtained from banks.
The capital swallowed up
and crystallized in these fixed forms and permanent

English News

Commercial and Miscellaneous

Currency Reform and Business

soliciting analysis and

investigation.
First of all,
516

THB CHRONICLE.

-

NO. 465-

SATURDAY, MAY 23, 1874.

18

VOL.

INTERESTS OF THE UNITED STATES.

INDUSTRIAL AND COMMERCIAL

subscribers, and mailed to all others (exclusive of postage):
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different sort of capital from that found in
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The Railway Monitor,
Journal of general Railroad Intelligence, supplementing the financial news
different class of people.
It commands higher re¬
contained in the Chroniclers published monthly on Thursday the fifteenth,
For Six Months

$10 00
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works, is

a

a

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longer for liquidation. Banks which lend on landed or
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nserted, but no promise
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can

rivalry with an ocean steamer. The first is built and
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if it ventured what to the ocean steamer are trifles and

in

Just so is it with bank loans. Like the
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banks last year, as it is now preserving them, from lending
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BANKING PRECAUTIONS AND DUTIES.
The fa'lure of a small State bank at Rochester

this week
has raised a discussion as to the general condition of our
banks, and the question has been raised whether we are
likely to have a return of the panic next fall. The Ameri¬
can Social
Science Association now holding its third ses
s;on in this city might render sigrfal service to the com¬
munity if they would devote one of their sessions to the
examination of this subject. Mr. George Walker briefly re¬
ferred on Thursday to some of the causes of the panic with
that clear incisiveness and practical directness of style which
are his well known characteristics.
To the causes of the
September panio mentioned by Mr. Walker, we may sug¬
gest two or three more, and still leave untouched ft multi¬




men

allure¬

Secondly, another cause of the panic was that the banks
city and elsewhere had been lending to insolvent
mercantile borrowers. The first error locked up demand

in this

money

where it could not be

released at call, but this

infinitely worse, for it squandered and
wasted and lo3t the capital altogether. The broken bank at
Rochester seems to have failed by this blunder.
If our

second

error

was

generally are venturing upon like quicksands they
may be similarly expected to founder. The public are too
wary, it is often said, to let their money lie in a bank which is
known to be lending to the promoters of new railroads. The
same
conservative dread will induce them to withdraw
their deposits fiom banks that are known to be discounting
banks

doubtful paper.

514
In

THE

CHRONICLE.

[i% 23,1874.

self

On these premises the inference is deduced that there is
defence, therefore, and for the retention of
their credit, their connection, and their deposits our an accumulation of six millions
sterling, or $30,000,000 of
banks should refuse bad business.
This, it is- to be gold available for export; except, indeed, the production is
feared, they are not resolutely doing. Money is so plen¬ falling off. This course of argument closely resembles that
tiful that the hanks find it hard to lend.
Good borrowers \*hich has been adopted on the same subject here. We
are scarce.
The dej: osiis of country banks swell the idle expounded it a fortnight ago; and we gave the
precise
capital which is stagnating in this city, and lor much of figures of the gold exports for the decade in question, and
these useless deposits our banks are
paying four per cent* showed that there was reason to believe that* although the
interest.
“ Can we afford,” they ask, “ to keep in our anticipated gold export of 30 millions could
easily be met,
vaults a mass of idle capital for which we are paying still there were grave reasons for doubt whether so
large an
four per C€nt., while it earns
outflow of gold could with any show of reason be expected
nothing” ? Perplexed aud bar
rassed by this plethora of cosily idle deposits our banks to take place.
are
In Wall street some persons argue in favor of this opinion
sorely tempted to take doubtful paper, and in the ab¬
sence of
good borrowers to lend to bad ones. This is the from the heavy exports and light imports as shown by the
weak point of the financial
position at the present moment. Custom House returns for the last half year. The figures
If any of our banks have rot virtue
enough to resist the are just published for the month of April, showing that the
temptation—if they i un the risk of lending to borrowers who imports were 40 millions, against 36 millions last year.
are unable to
pay their loans at maturity—if the discounts This was the aggregate of foreign goods entered.
As to the
they make now will require extensions into the fall months, amount passed for consumption, we find that it was $37,629,
—if in these and like methods
they neglect the warnings of 542, showing that nearly 3 millions excess of imports went
the last panic,—they are doing their part to
invite its return, into bond. Last year the goods marketed were $34,648,and to obtrude themselves into the
foreground of the conflict, 896. These facts are compared in the following table :
so

as

to be

the

connected with

the

defective

the

first assaulted if trouble

this

reserves

banks

the

is

of

third

the

cause

banks.

warned

comes.

of the

This

Closely
panic,—

time

last

1873

AND

1874.

April, 1874.
Dutiabl*
Dutiable

goods, direct
goods, bonded

'

Free goods

the

of

IMPORTS AT NEW YORK IN APRIL

..

April, 1873.

$15,264,417
13,156,559
12,148,979

$14,768,239
14,189,071
7,639,863

danger they
Total entered
$40,569,955
$36,597,173
consequence
of their
Adding these figures for April to the returns for previous
scanty reserves. All warning was, however, lost upon
months we get an aggregate of 314 millions of imports tor
them. They failed to strengthen themselves
sufficiently the
past ten months against 371 millions in 1872-3. The
during the summer. The fall found the greenback reserves
subjoined table shows how this falling off in the imports
depleted to an alarming extent. At the beginning of Sep with the
repeal of duties have lessened the revenue from
tember the greenbacks were down to 38 millions
against 68 customs dut;es:
millions in 1871.
This depletion of the reserve is exhibited
IMPORTS AT NEW YORK FIRST TEN MONTHS OF FISCAL YEARS 1872-3 AND 1873-4.
in the following table, some of the
1873-4.
1872-3.
figures of which have not
July l to
July 1 to
before been published.
It shows the course of the bank
April 30.
April 30.
reserves last
$350,148,842
$309,550,974,
year from this time onward as compared with Imported goods entered
do
.do marketed
314,535,036
371,300,452
the same period of 1871.. The lesson which these
figures Gold aud silver imported
6,461,463
17,081,570
have to teach us is of course that if we would
protect the
It is important to observe that the free goods imported
community against a repetition of the financial troubles, we in 1873-4 amounted'to
$77,593,115, and in 1872-3 to
must avoid depleting our bank reserves and fill them
up to $76,627,269. In this latter sum is not included $18,000,000
at least the level of 1871.
Annexed is our table :
of tea and coffee made free July 1st, 1872, and with¬
TALL RESERVE* OT THE CLEARING HOUSE BANKS IN 1871 AND 1873.
drawn from bond in that month although actually imported
—1873
,1871.
year
would

run

in

were

the

fall

in

Total
Fir it

Totat

Greenback

week in greenbacks, percentage.

May ..62,099,211
Juue. ,70,900,833
July...71,348,828
Ang...73,899,443
Sept... 68,384,500
Oct.. .54,596,100
Nov... 52,407,200

and bonded while the old duties

Total

reserve

Total

per cent.

greenbacks.

23 98

30 13

26 03

3110

25 59

31-52

2615

30-88

2442

28 81

21-58

25 64

22*01

37 50

40,051,700
45,308,000
48,168,000
50,088,500
33,679,900
12,012,700
14,724,900
38,214,000

Greenback

reserve

percentage, percent.
1788
26*23
n 00 s

29 47

18-55

31-47

18-81

30 19

1611

25 17

653

12-32

8-01

were

in force.

The

owner*

of this

large aggregate of bonded tea and coffee thus kept
waiting for the repeal of the duty were said to be for
the most part speculators
who employed a power¬
ful lobby, made immense
profits, and obtained a

16-21

virtual

monopoly of the advantages conferred by the
repeal of the tea apd coffee duties. As to the revenue from
Dec... 62,408,900
20-64
27 76
1827
28-41
customs duties at New York, the official returns show that
duties amounted to $94,154,432 this year against $109,378,
THE OUTFLOW OF THE PRECIOUS METALS AND OUR FOREIGN 123 for the
year before.
Great as is this falling off in the
TRADE.
customs revenue, it is almost equalled by the aggregate
Among the chief questions agitated just now in the Eng¬ diminution of the imports themselves, which, as we have
lish money market, as well as in our
own, are those which seen, fell to 314 millions this year against 371 millions in
regard the

movements of

-

gold and the consequent impulse the year before.
We turn now
monetary move¬

which may be imparted either way to the
ments of the present rather
exceptional

period.

The London Economist of

in the month of

to the

aggregate exports, which amounted
April to $25,768,301 against $29,470,608

May 9th discusses the question for the previous year. The details are subjoined:
EXTORTS AT NEW YORK FOR THE MONTH OF APRIL 1873, 1874.
imports are to be expected by England
1813-4.
1872-3.
and says that as “ America supplied Eng¬
July 1 to
July 1 to
land last year with none of her current
April, 1874.
April, 1873.
April 30.
April 30.
production of gold, Domestic
produce
$22,272,739 $24,522,926 $212,412,475 $210,427,453
and also with no part of the present
year’s production, there Foreign re-exports
1,028,557
1,096,842
8,736,712
8,735,800
must be a considerable
2,467,005
31,486,574
3,850,840
53,063,848
surplus of coin available for export.” Gold and silver
Our contemporary further argues that “ A merica with an
Total clearances
$25,768,301 $29,470,608 $282,635,861 $272,227,101
anuual gold production of about
£5,000,000, exported to
Making the requisite additions, it thus appears that the
Europe about £0,000,000 annually for the ten years ending total exports from this port for the past ten months amount
1872; the difference being probably made up by the unre. to 282 millions agajpst 272 millions for the same period the
corded hoards imported by emigrants into the United States.
previous year.
whether any gold
from this country,




May 23,

West, corresponding to the return to specie pay¬
ments and the disuse of a depreciated currency, respertively
in the two sections of the country. Following the crisis
1857 its duration did not exceed twelve months in any part

South and

brought together the export and import
movements at the port of New York. But to make the
da'a thus given, of the more use for the solution of the
We have now

problems suggested

above we must

first place, the foreign imports
while the domestic exports are

In the
coin

of

premise two facts.
expressed in gold

expressed in^currency;
indeed, the exports of specie, which of course are

except,
enumerated in gold values.
Next, it must be remembered,
York markets about 62 per cent,

that the port of New
of the imports of the
whole country and clears about 48 per cent, of the domestic
exports. This is illustrated by the last report of the
Chamber of Commerce, from which we compile the follow¬
FOREIGN

COMMERCE OF THE UNITED

STATES—FISCAL YEAR
New York.

$426,321,427
313,129.963

Imports
Exports

ol sound currency
and the con¬
of great
disturbance, a suggestion worthy of some study.
1872-3.
The power and importance of the element of confidence
Other ports.
$237,295,720 in sustaining the general movements of business throughout

may'be prevailing,
cannot be too frequently insisted upon,
Sound and practi¬
cal men of business everywhere, knew the false and danger¬
ous character of the system of finance andjcurrency that was
permitted to stand after the war had ended, and hence
very many spoke and wrote of the perils involved in the
attempt to go on to the work of restoration from the losses
and injuries and the discredits caused by the war without
the adoption of a policy containing a decided purpose to
return to true principles, and a tried and approved system.
Then, in the first years after the war, the common voice of
the people was in favor of such return, and no other course
deemed possible. That general opinion found an

all its branches

$583,475,732

months

Summing up the whole of the statistics for the ten
under review, we get the following aggregates for the
months at the port of New York. From these it
be easy to estimate
the whole country:

the export and import

July 1 to Apl.

30.

$350,148,842
314,465,036
..

Exports, domestic

..

371,300,452

242,412,575

210,427,452

8,735,800

Foreign re-exports

$219,163,252

Total export*

17,081,570
14,405,004

imports
balance of exports

6,461,463

brated and

as

these figures

almost

expression,

46,602,385

the questions at
issue, they tend to confirm the arguments drawn from a wider
induction of facts, and expounded by us more than once of late
to show, that although we might hope to meet without any
excessive strain, any gold export which has yet been antici¬
pated, still the probabilities arc that during the current sea.
these exports will be much less than thejhirty millions
which was conjectured by the financial authorities at Lon¬
So far

under whatever system

was

53,063,848

Specie exports
do.

will

1872-73.

1673-4.

Imports entered
do.
marketed

do.

ten

movement for

July 1 to Apl. 30.

and sharp as that

a
influence, if not of the overruling po\yer
in restoring industries and trade to activity
fidence which is indispensible to them, after periods

336,002,600

$758,423,489

Total

crisis was, for then
there was practically no depreciation of the currency, and
only a nominal suspension of specie payments by the banks
It would be unsafe to adopt a rule as of constant appli¬
cation from so few instances as experience has given, in
which the observed relations may be only coincidences
repeated. Yet they afford a suggestion of the practical

of the country, severe

are

ing statements:

515

CHRONICLE.

THE

1874,]

throw any light on

he

as

was

Treasury.
gress,

in

universally approved, in the cele¬
letter of Mr. McCulloch,

excellent Fort Wayne
about to enter upon the

duties of Secretary

of the

attributable the act of Con¬
April 1866, providing that Treasury note* might
To that opinion is

and cancelled at the rate of 4 millions
Unfortunately, during the period in which
be retired

per month.

Secretary McCul¬
loch was contracting the Treasury notes, and for a few
months previous, there was other contraction of great
amouut—about two hundred millions—in compound interest
notes and other Treasury obligations which had been
don and here.
issued during the war as currency, the greater part of
which being legal tender, was applicable for use in
CURRENCY REFORM AND BUSINESS ACTIVITY.
bank reserves.
The aggregate contractions in so short
[Communicated.]
time was too severe, not affording due time for the
The renewed activity which has been so long predicated
the adoption of any financial policy by the Government, adaptation of business generally to so great a change. True
wisdom demanded that the Secretary of the Treasury should
appears still a dream of the future. Financial and com¬
mercial reports from nearly all the markets of the country, suspend the withdrawal of Treasury notes in the tall of 1867>
the act therefor was permissive and not mandatory, until
whether of production or consumption, continue to set forth
the effects of the other and greater contraction had passed
the dullness of trade, the great falling off from the rate of
by, and until the reduction of the use and demand for cur¬
previous years in the demand for most of the productions of
rency in the spring following should have produced the

son

a

on

as

shop and factory; the indisposition to enter
enterprises or extend old ones ; the reluctance of

the

upon new

centers. His persistence gave
occasion for the demand upon Congress, which resulted in
to loan money to any but the highest credits or upon any
the act of February, 1868, forbidding the further reduction
but the most solid securities; and the general apathy or
of the amount of Treasury notes outstanding, then 356,000,stagnation, under which prices of commodities not specially 000.
By that time many great schemes for speculative
are gradually declining ; while they tell of the great
amounts of unemployed capital accumulating at the money enterprises had been set on foot under the fostering influ¬
ence of the excessive paper currency, and the amount of
centres and in all the principal markets of the North and

capitalists

usual

plethora at the money

scarce

corporate debt, so small in 1865, had become
The wholesome distrust of the paper money
system which prevailed so generally at the close of the war
had gradually given place to a growing confidence, or hope
that was almost confidence, that for some reason peculiar to
this country, a system which had always been disastrous
elsewhere might work well here. The distrust in the minds

private and

West, seeking investment.

immense.

periods of stagnation in trade, suspended industries,
prices, have always followed upon our great
financial crises or panics. They are the natural effects of
the excesses which preceded and caused the panics—the
other extreme in the swing of the pendulum. They have
varied in duration according to the extent of commercial
of capitalists was suppressed by their cupidity
and bther prostration by the panic. The period of sinking
profit by the enlarged opportunities to
prior to recovery after 1837 was protracted through two The
people were so beguiled and
years in New England and New York, and five years in
Brief

and reduced




the

and desire to
double their gains.
deluded by the semblance

516
of

THE

CHRONICLE

prosperity that they forgot that the day of reckoning

[May 23, 1874.

remembers the

long declin3 in the price of all the products
of skilled labor, except of the farm and plantation, follow
ing the crash of 1837, may be induced to expect a similar
putations of securing wealth. The inflation of values (or protracted delay in recovery now. But ihe great difference
prices), at last got beyond the inflation of currency, so that in the circumstances of the people, then and now', must be
scarcity of the latter came to be felt as a reality, and the remembered. Then bankruptcy was the rule, and general
inflation of debt was fearfully beyond either in proportion. recovery was not
possible until two measures had con¬
A wonderful confidence had gained possession. It was un¬ curred
; the bankrupt act of 1842, whi :h set free many
founded and false, but it was the element of
thousands of active men before bound by debts they could
power in carry¬
ing tlong the business and much of the consuming power of not pay, and the restoration of specie payments everywhere^
the people upon a j lane elevated above any sound and sub¬ which that
bankrupt act, in wiping out rotten banks and
stantial support, down to the fall of 1873.
Then came the their circulation, rendered practicable. Now, even under
shockvof panic fear. The fear subsided quickly, but distrust the worst of the
panic and its effects, insolvency among the
remained. The test had been applied and the hollow false¬
people has been the exception, As a rule, they possess
hood of the system was disclosed.
The confidence then productive property or money at interest or in bank, in
destroyed cannot be restored, for the people have discovered amounts varying from mere competency to wealth. Prop¬
that something, they hardly know what, was wrong, radi¬ erty has borne a delusive and fictitious value or
price.
That value is shrinking. Men find in each half year that
cally wrong, because false.
It is idle to suppose that the profits and activities which their
possessions are worth less than they were six months
prevailed before the panic can be immediately or quickly before; but most of them fail to note the fact that the value
restored. The shock to the whole business system of the of other
people’s commodities having fallen in a similar
country, an 1 its consequences, were too severe for instant ratio, their relative position remains unchanged. '
recovery.
The sudden cessation of construction on new
The people are solvent. They have many times the accu.
railro ds and other extended works yet incomplete, thcew mulated
wealth per capita that they had when in 1842 the
,out of employment many thousands and caused the closing
upward spring of improvement became strong and forcible.
of numerous shops, furnaces, forges and factories, which Yet to
day most of our productive industries show gra¬
discharged from work many other thousands of operatives. dually diminishing profits or actual loss, while in ihe
Besides this enforced contraction of the buying power of
exchange of commodities or trade the tendency is' still to
work people, the panic caused a sudden and sharp return of
stagnation or inaction. Currency is only too abundant.
our
people to the self-denials and economies in expenditure The want is not of currency, but the employment of currency
of anti-war times.
It is estimated that the reduction in
productively. The abundance and cheapness of loanable
purchases for consumption of home and foreign goods, and funds constitute the unfailing evidence of insufficient use for
even the necessaries of life,
as compared with the average money, because the use of hired
money cannot be made
of rec3nt years, is now 25 per cent.
Whatever that profitable in legitimate business enterprise. It is the sure
reduction was, it became surplus of supply by its presence
sign of stagnation. So when money for loans becomes
and competition in the market, forcing a depreciation of the scarce and dear for the demand
upon it, the evidence is clear
entire supply.
In this fact is ample explanation of the thac profits and active business prevail, or have been pre¬
absence or great reduction of profit in nearly all our pro¬
vailing—perhaps too far to be safe or wholesome—indicat¬
ductions other than those of agriculture. People are
using ing coming insecurity.
up their old goods, buying new only as need requires.
No increase in currency, then, can set in motion the idle
The
same
degree of abstention from buying will not long
machinery, or give employment to idle labor. Rather
continue unless increasing j overty shall demand it, for the would it
aggravate the evil instead of relieving it, by new
old supplies will be used up
or worn out, and the merest cause of distrust and fear. The remedy, out of which shall
necessities of our great population will, after a time,
spring recovering activities, profits, and lucrative employ¬
increase the demand upon production.
As before said* the ments, must be one that is in itself true and sure; one that
profitable activities of recent years cannot be restored at shall supply confidence that the right policy is entered
would come, and too generally the fictitious nominal values
of the day came to be regarded as true values in the com¬

but the restoration will be hastened or retarded, so upon ; that will iqake men willing lenders and
willing bor¬
legislation can control or influence ‘he great natural rowers because of having a new sense of security, and a
forces with which it deals in political
economy, according reasonable assurance against failure. Until that sort of
to the degree of confidence or distrust which shall be
remedy shall be tried the less that Congress shall do in
induced by it; in other words, as the
legislation shall be regard to the currency or measures of finance the better for
founded upon true principles of honesty and
economy, and the people.
so
recognized of all the people, or the reverse.
CHANGES IN THE REDEEMING AUENTS OF NATION*' BANKS.
The warning given to the capitalist is against loans
upon
The following are tlie changes in the Redeeming Agents of
doubtful security, since all security in movable
property, National Banks approved since the 14th inst. These weekly
stock shares, corporation debts and
in accordance with an
personal liability^ changes are furnished by and publishedof'the Currency:
arrange?*!. .» made with the Comptroller
except of the highest character, has been shown to be
t-OGATION.
NAME OF BANK.
REDEEMING AGENT.
exposed to great depreciation ; and to prefer safe invest¬
Cuba Nati’nal Bank First National Bank, New York, ap¬
ments even at low rates of interest, while the cause of New York—
Cuba
proved in place of Metropolitan Na¬
tional Bank, New York.
danger, a currency of fluctuating value, shall remain. The New YorkFirst Nati’nal Bank Approval of Tenth National Bank, New
York, revoked.
Sandy Hill
warning to the manufacturer and the mechanic is to reduce Pennsylvania- Green Lane Nation¬ First National Bank,
Philadelphia, ap¬
Green Lane
al Bank
or
proved as Redeeming Agent.
suspend productions until goods can be sold profitably Virginia—
Charlottesville Na¬ Importers' and Traders’ Nat’nal Bank,
Charlottesville..
tional Bank
New York, approved as additional
and not to hazard the small capital he has slowly
acquired
Redeeming Airent.
First Nati’nal Bank National City Bank, New York, Na¬
by borrowing an addition to it until he finds assurance of Texas—
Austin
tional Bank of the State of Missouri
in St. Louis, and Louisiana National
permanence of value in a sound currency, or in measures lead¬
Bank of New Orleans, approved as
Redeeming Agents.
ing to it. As with these, so is it with all other classes having
Second Nat’l Bank.. American Exchange National Bank.
Michiganto borrow or to loan
New York, and American National
Bay City
capital, or employing capital of their
once,
far as

own

in

business.

and the continued




And

this

all

means

depreciation that is going

the

on.

Whoever

Bank, Detroit (Mich.), approved as

stagnation
Michigan—
Hancock

Redeeming Agents.

First Nati’nal Bank Third National Bank, New York, ap¬

proved

as

Redeeming Agent.

Per cent.

New National Banks.

The

following is thp only National Bank organized

during the

Open-market rates:
30 and 60 days’ bills

2

2

146—First National Bank of East Liverpool, Ohio. Authorized capital, $50,
000; paid in capital, $35,000. David Boyce, President; F. D. Kitchel,
Cashier. Authorized to commence business May 14, 1874.
147—Mattoon National Bank, Illinois. Authorized capital, $50,000 ; paid in
capital, $35,000. William B. Duulop, President; Joseph H. Clark,
Cashier. Authorized to commence business May 20, 1874.

.Cateat fHanetarn antr dammercial
RATES OF EXCHANGE AT LONDON.
AT

count houses for

GEnglUl) Neai?

MAY 8.

LATEST
RATE.

TIME.

-

•

The

Amsterdam...
Antwerp

Hamburg
Paris

Vienna
Berlin
Frankfort

11.42*@11.47*

8.

May

May

....

S.25*@ 6.25*1
119% @119*
32* @...,
St. Petersburg
48% @18%
Cadiz
90 days.
52% @52*
Lisbon
3 mouths. 28 72*@28.77*
Milan
.
28.72* @28.77*
Genoa
•

....

TIME.

44

short.
.

.

•

44

3 mos.

....

Paris

•

RATE.

%<

short.

.

....

8.

44

3 mos.

6.21*
118*

a
•

•

•

•

«

•

•

•

....

4

•

.

•

.

•

..

..

....

..

.

.

•

.

•

28.72*@28.77*

Naules
New York

Rio de Janeiro
Bahia

•

•

....

Ayres..
Valparaiso

•

•

•

•

•

•

«

•••••

8.

Feb. 21.
Mch. 31.

.

.

60 days.
90 days.

....

4<

Calcutta

May
May

1

7.

4.
April 30.
May 2.

1 io*
4
3

41

Hong Kong...

Shanghai

per

£.

25%@26
26

49%

....

26*@26%

Mch 31.
Jan. 26.

60 days.

$4 87

....

....

..

Penang
Singapore

.

.

•

April 18.

....

Pernambuco
Montevideo...

Bombay

•

May

•

•

•

Buenos

•

....

....

....

6 mos.

u.

%

4s.

•

....

....

days.

4

April 28.

3

| May 6.

Alexandria....

...

.

3 mos.

8 @

3%@ ...
3%@....

rate,

cities

Bank

Open

cent, per cent.
4* 4%
3* S*

Paris
Amsterdam

St. Petersburg...
Brussels

3
3

3*

3

5

5

Bremen

Rome

7

6
7

4%
6%
8%
4%
4%

6
4

4*

Leipzig
6

6

4%

and

Antwerp

§

6
4*

......

Turin, Florence

4

Hamburg

Open

market
per cent, per cent.
rate,

market,

5

1 Genoa

6-7

[ New York.

Foreign gold coin continues to be withdrawn from the Bank in
transmission to Paris, in consequence of
the scarcity of bills on that city; but otherwise there has been no
important feature in the bullion market. There is no demand
for bar gold for export; but in the value of silver a slight
improvement has taken place. The following prices of bullion
are from Messrs. Pixley & Abell’s circular :
sold.,
s. d.
s. d.
BarGold
per oz. standard. 77 d ® ...
Bar Gold, fine
:
...peroz standard, 77 9 @
.peroz.

Bar Gold, refinable
South American Doubloons
United States Gold Coin

standard. 77 11 @

4%d.
6 S.

52%
96%

@
@

peroz
per oz. none here

....
—

....

SILVER.

d.

s.

iiy,d.

HTYtXd.
....

60

Bank

51%

....

8 @....

considerable amounts for

.

11.18

....

Per cent.

;

the rates of discount at the leading

celona
/
Lisbon and Oporto....

11.90
25.19
20.14
25.19

•

•

are

dis¬

:

Madrid, Cadiz and Bar-

11.17*@11.18*'
25.52* @25.57*
20.52 @20.56
short.
25.15 @25.25 1
3 months. 25.47* @25.55
■
•

following

Berlin
Frankfort
Vienna and Trieste....

i

Short.
.

abroad

per

DATE.

-

deposits are subjoined :

AND ON LONDON

EXCHANGE ON LONDON.

by the joint stock banks and

Jointstockbanks
Discount houses at call
Discount houses with 7 days’ notice
Discount houses with 14 days’notice...

LATEST DATES.

EXCHANGE AT LONDON—

ON

3%@3*

The rates of interest allowed

*

.

3%@3*

3 months’bills

Official No.

4 @4%
4 @4%
4*@5

4 months’bank bills
6 months’bank bills
4 and 6 months’trade bills.

4

Bank rate...w

week, viz.:

past

517

THE CHRONICLE

1871.]

May 23,

Bar Silver, Fine
Bar Silver, containing
Fine Cake Silver
Mexican Dollars

s.

d.

grs.

Gold

standard.
standard.

<1

10*@

....

4

11%@

v

peroz.

5

per oz.
per oz.

last price.

4

per oz.

per oz. .none

Spanish Dollars (Carolus)

per oz.. none

Five Franc Pieces

here.

-

price
10*@ ...l
@ ....
no

....

here.

@

...

of the Bank
the price of Consols,
the average quotation for English wheat, the price of Middling
After* the activity apparent last week business has again
Upland cotton, of No. 40 Mule yarn fair second qualitj,
assumed a quiet appearance, and speculative transactions have and the Bankers’ Clearing House return, compared with the
been comparatively few.
Considering, however, the magnitude four previous years :
1874.
1873.
1872.
1871.
1870.
of the advance established in Peruvian stocks, the relapse which
£
£
£
£
Circulation, including
£
lias occurred is quite trifling, and as the stock is still cheap, if
bank post bills
23.810,149 25,031.483 26.225.989 26.807,200 27,049,065
7,113,589
8,4:2.501 10.181.990 12,642,101
8,881,433
the amount of guano available has been correctly ascertained, Public deposits
20 012,507
Other deposits
16,358,966 18.889.023 19,492.201 19,134.337 13,803.274
there ought to be a further increase of bona fide investments, and a Government securities. 12,931.695 12.958,741 13,308 829 13,380,963
Other securities
19,018,313 18,757,200 24,540,063 25,272,390 21,784,564
corresponding rise in prices. Egyptian Government securities have Reserve of notes and
9,929,152 10,277,657 9,608.552
11,337.155 13,874,296
coin
also been very firm and advancing in price, while Turkish stocks
Coin and bullion in
so long in disfavor, have shown a daily improvement.
It will be both departments.... 19,781.900 23.316,810 20,789,032 21.665,162 21,289,947
4 p. C
5 p. c.
4* p. c.
2* p. c.
Bank-rate
3 p. c.
93},'d.
93d
93% d.
perceived, therefore, that there has been, a decided revival of Consols
93*d.
94%d.
62s. Id.
54s. lid.
55s.
Id.
confidence of late, and it is probable that had the weather been English wheat
43s. 3d. 58s. lid.
8 5-16d.*
9 1-16d.
11 l-16d.
7*d.
Mid. Upland cotton
ll*d.
more
genial and the Durham strike been averted, considerable No.40 mule yarn fair 2d
Is. 2%d.
Is. Id.*
Is. 3%d.
quality?
la. 3*d. la.0*d.
buoyancy would have been apparent. The strike, however, of Clearing House return. 64,141,000 83.425.000 101.388.000 109.294.000 119.118.000
40,000 colliers in the Durham coal district, in consequence of a
♦Prices April 30.
proposed reduction of wages, has had an adverse effect. In that
It has been officially announced that members of the firms of
case the reduction had been
accepted as just by the Union, but
the men have disregarded the commands of their leaders, and for Turquand, Youngs & Co., and Quilter, Ball & Co., left for New
York last Saturday, to investigate the accounts of the Erie Rail¬
this reason it was believed that the strike would speedily collapse
for want of funds. That has, in fact, been the case, for the way, and that Captain Tyler, of the Board of Trade, has consented
The
colliers have now returned to work, the chief effect having been to proceed thither to make a complete survey of the road.
effect of this upon the shares has been to improve them, as holders
to cause a rapid advance in the price of house coal, and as rapid
are much less
anxious to sell them; but it is not expected that
a decline.
With regard to the weather, the brilliancy of it last
any important movement will take place in them until the reports
week and in the preceding week has been succeeded by cold
have been published, which^will not be fora considerable time.
winds and rather severe frosts at night, but though early
The impression produced has naturally been a favorable one ; and
potatoes have in some localities been damaged, no serious injury
it is now to be hoped that a full and definite report will be made,
has been done. The harvest,i however, is delayed, and as our
so as to bring a protracted dispute to a close.
The Erie difficulty
supplies of grain are very limited, an earlyharvest was desirable.
militates greatly against the success of American railroad.loans,
Money has been in fair, but by no means active demand during
and bona fide investors do not like to perceive such wide and fre¬
the week, and the rates of discount have not varied to any
important extent. The supply of money seeking employment is quent, fluctuations in the value of their property. The market for
American railroad securities has been generally firmer this week,
moderate, and as 'some heavy “term” payments have shortly to
Illinois Central and Pennsylvania descriptions having improved;
be made in Scotland, it is anticipated that during the next few
while for Government bonds there has been a strong demand for
weeks the value of money will be well maintained.
The Bank
investment, at a further advance in the quotations. The following
return shows a recovery in the proportion of reserve to liabilities
were the closing prices of
Consols and the principal American
from 31* to nearly 35 per cent. This is rather a disappointment,
securities at to-day’s market:
but the financial arrangements of the Indian Government and
93*@ 93*
the operations in connection with the Indian loan still prevent a Consols
United States 6 per cent 5-20 bonds, ex 4-0
xd.l03%@104
do
1865 issue,.
xd.l66%@107
correct estimate of the Bank’s position being formed.
Trade
do
1867 issue
10J%@109*
remains slack, and any increase of demand for money from com¬
do
5 per cent. 10-40 bonds, ex 4-0
•
1U4%@101*
do
5
ex 4-0
xd.l04%@l04*
mercial sources is not anticipated.
More money has, however^ Atlantic and Gt per cent8Funded Loan, 1871, Bischoffsheim’s ctfs
@
West., per cent. Debent’s,
been absorbed by securities, and the probabilities are that its Ditto Consolidated Bonds, 7 per cent., Bischofisheim’s certificates. 20 @ 22
1st Mortgage,
per cent bonds
60 @61
value will rule stationary during the next few weeks.
The Ditto 2d Mortgage, 77 per cent bonds
Ditto
;
39 @40
Ditto 3d Mortgage
...19 @19*
following are the prices of money :




[From

correspondent.]
London, Saturday, May 9,1874.

Annexed is

our own

of

a

statement

showing the present position

England, the Bank rate of discount,

..

.

32% @ 32%
5* @54
Ditto 6 per cent. Convertible Bonds
94 @o95
Ditto 7 per cent Consolidated Mortgage Bonds
88%@ 89%
Illinois Central Shares, $100 pd., ex 4-0
90 @ 91
Illinois and St. Louis Bridge, 1st mort..
98%@ 99%
Massachusetts 5 per cent, sterling bds/1900
98 @ 9!’
New Jersey United Canal and Rail bds
101 @10:
New York Central $100 shares
87 @ 8!
Panama Gen. Mort. 7 per cent, bonds, 1897
05 @9'
Pennsylvania Gen. Mort. 6 perct. bds, 1910
98%@ 99%
Virginia 6 per cent, bonds, ex 4-0
35 @40
The Board of Trade returns for April, and for the past four
months of the year, have been issued,, and they show, as was
anticipated, a further diminution in the extent of our trade, the.
declared value of our principal exports in the month being
£10,432,270, against £21,343,020 and £21,033,51G ; and in the four
months $77,234,354, against £83,719,392 and £78,003,880. Our
importations in the month were valued at £31,GG0,624, against
£31,242,237 and £28,587,602; and in the four months to £123,960,721, against £116,109,540 and £115,GS9,882 in the two preceding

Erie Shares, ex 4-0
do preferred

years.

GOODS IN APRrL.
1872.
'
1873.

EXPORTS OP COTTON PIECE

4,882,380
11,280,840

901,900
1.771,600

1.625.300
2,619,400

18,326,600

25,512,840
15,5o0,2'0

1.218,600
2.461,000

10,562,000

6,900,100
687,600
2,623,400

11,770,800

11,637,600

4,251,700
2,174,600

15,791,000

3,895,700
1,632,800

4,198,100

1,363,400
4,890,100

37,914,100

37,280,900
1,618 800

1,363,000

4,592,200
1.696,800

Chili

1,288,060
7,521,130

2,235,300

6,986,915

8,690,700

16,367,500
9,340,160
3,173,100

3,502,200

701,200

Uruguay

2,071,700
1.869,400
3,776,124

2,521,800
2.049,200
3,749,300

282,200

31,835,900
339,500
1,818.400
1,149,300

2,685,400

3,989.900

1,383,100

3,883,000

1,692,400
16,441,400

19.488,600

51,142.880

50,962,214

3,119,200

Hong Kong

2,270,500

2,087.100

.Japan

1,009,700

1.914,900

To Philippine Islands
To Gibraltar
To Alalta
To British North America
To British West India

Guiana
To British possessions
To British India—

1,524,000

and

Islands

in South Africa.

Bengal...

-

Wholly of Cotton:

3.974,900
19,386,970

91,772,901

91,519,035

100,441,250
80,002,910

1,675,834

1,036,544

1,129,210

186,931,666

182,526,228

Total unbleached or blenched

Total printed, dyed, or colored
Total of mixed materials, cotton pre¬

dominating

IMPORTS

OP COTTON IN

271,573,370

282,520,245

APRIL.
1872.
cwts.

1874.

1873.
cwts.

689,688

901.823

131,607

From United States

56,759
17,266

16,190
99,757
459,249
20,158

India

F^m other countries

cwts.

-

21,171

12,687

1,578,163

COTTON

1,553,961

10.382

.1,416,649
EXPORTS OF

9,810

16,037
37,132
57,854
17.524

EXPORTS OP COTTON

To Germany
To Holland
To France

10.360

35,010

10,477

32,171

150,289

Total

33,100

43,951
47,244
51,998

9,912
11,830

To other countries.

38,831
61,500

173,659

221,020

YARN IN APRIL.
1873.
1872.
'
153.602
314,150

3,715,890
3,861,106

.

.

380,569

Italy

.

1,344,800
211,980

To Austrian territories
To Turkey
To Egypt
To China and Hong Kong
To Japan

1,084,540

.

395,750

499,520

190,510

To British India—

5G4,900
477,300
981,000
170,600
8,400

Bombay
...

Bengal
Straits Settlements

Ceylon
To other countries

1,314,916

.

Total

.

15,361,383

3,661,750
733,545
1,553.130
338.100

1,380,160
114,000
7S7.000

.

1,213,730
643,300

402,400
662,300

384,140
401,800 r

1,440,600

275,850

235,500

5,000
1,545,029

38,300
1,764,994

17,075,183

17,681,409

1872.
..

.

Total

£772,803
909,845

£1,742,648

.'

1873.

1874.

1,339,561

£3,128,149

£2,153,365

EXPORTS.

1872.
Gold
Silver

Total




,

1873.

1874.

£1,046,324

948,745

£1,406,27 2
860,457

£1,138,343
1,506,650

£1,995,069

£2,261,729

£2,644,993

15,280,476

16.818,992
no

material

supplies of English grain offering continue
a fair show of foreign produce offering, and
the business done has been chiefly at former prices.
After about
three weeks of dry, cold weather, rain has at length fallen, but
the temperature is still too low to admit of vegetation making
rapid progress. The supply of wheat now estimated to be afloat
to this country is 1,263,500 quarters, against 1,341,600 quarters
last year.

following figures show the imports and exports of cereal
produce into aud from the United Kingdom since harvest, viz.,
from Sept. 1 to the close of last week, compared with the
corresponding periods in the three previous years:
The

IMPORTS.

1871-72.

cwt. 29,053,284

31,072,970

6,630.342

Wheat

11.258,971

Barley

6,714,598
942,156
1,817,778
13,617,126
4,795,143

6,577,494
747.402
3,006,536
10,000.479
4,576,516

Oats

Peas.
Beans

Indian Corn
Flour

1870-71.

27,681,380

22,380,280
5,566,961
5,342,677

1872-73.

1873-74.

9,153,252

6,507,778
553,612
2,405,437
12,743,315

545,699
1,265,281
10,118,896

2,230,907

3,189,274

184,054

2,059,542

2,658,'890

12,363

1,274,382

EXPORTS.

1,635,617
229,414

...cwl.

12.027

6,035

2.304
105,200

1,235
26,247

5,001
20,647

47,172
16,742
57,270

102,267

14,791

48,777

1,309,435

EugliHi Market lieports—Per Cable.
daily closing quotations in the markets of London

and Liver¬

Oats...
Peas
Beans
Indian Corn
Flour

The

100,214

72,466
9,690

14,545
97,550
7.512

Barley
..

reported by submarine telegraph

pool for the past week have been

shown in the following summary:
London Money and

/Stock Market.—In American secuiities

while 10-40’s have fallen off a quar¬

Go’s have advanced a quarter,
ter since a

The

week ago.

bullion in the Bank of

England has increased £388,000

during the week.
93%
93%
107%
109%
104%

.

1867.

-

104%

■

93%
93%
107%
109%
104%
104%

Fri.

Wed.

.

Thnr.

93%

Tnes.-

Mon.

Sat’,
93%
93%
.107%
109%
.104%
101%

Consols for money.

93%
93%
107%
109%

.109%

104

104

104%

104%

93%
107%
109%
104%
104%

93%
93%

107%

United States 6s (1862) at Frankfort were:
98%
98%
98%
Liverpool Cotton Market.—See special report of cotton.
Liverpool Breadstuffs
Breadstuff's close firm at gene¬
rally lower prices.
Fri.
Thinr.
Wed.
Tues.
Mon.
Sat.
Ti>3

quotations for

IT. S. 6s (5-20s)

1862

....

....

s.

Flour (Western)
Wheat (Bed W’n.

“ 12
(Red Winter)
(Cal. White club) 44 1 2
Corn (West, m’d) $ quarter 37
Peas(Canadtan)...$ auarter 42
“

d.

$ hbl 28 0
spr)..$ctl 11 3

14

beef, bacon and

0
8
3

0

d.
0

11
12.
12
37
42

0
O
8
0
6

s.

8.

28
11
12
12
37

42

d.
0
0
0
8
0
6

Sat.
Beef (mess) new $ tee.....
Pork (mess) new $bbl...
Bacon (long cl. mid.)$ cwt

(American)....
Cheese(Amer’n fine)

44

44

8.

28
11
12
12
37
42

d.
0
0
0
12 8
37 0
42 0

d.
0
0
0
8

8.

8.

27
11
12
12
37
42

28
11
12

0
6

d.
6
rt

0
9
0

0

Market.—These quotations are higher on
8.

Lard

28

lard.

£813,804

1,134,483

1,894,392
2,453,166

The

Liverpool Provisions

£2,293,666

1.555,716
2,330,758

trade there has been

corn

719.100

1,128,500

1.530,029
188,622
411,889

small, but there is

1874.

IMPORTS.

Gold
Silver.

of the

state

270,830
3,579,700

gold and silver in April were :

imports and exports of

the

.

2,859,557
3,307,485
556,022
1,804,370
413,600
1.647,500
575,150

-

149,538
370,529

12,863,215

IN APIUL.

ports

£3.633,756
1,707,138

1,850,146
813,539

alteration.

as

Total
To Russia, northern
To Germany
To Holland
To Belgium
To France

In

819

155,715
222,255

1871.

£7,906,726
1,897,270
1,069,939

66,359
432,625

Total

"

173,945

1873.

2,043,728
1,175,832

Barley....
Oats
Peas
Beaus
Indian corn
Flour

1,06S,431
94,954

404,190

1872.

.

Wheat

Wheat

275,975,013

Total

From Brazil
From Turkey
From Egypt
From British

57,113.500
8,945,900
2,6^8,900

3,994,500
13,137,111

3,256,700
13,658,538

To Austral in
To Other countries

from the Board of Trade returns also that our imports
during the last four months amounted to 12,853,346 cwt.
against 12,290,089 cwt. last year, of which 7,797,873 cwt., against
4,279,829 cwt. were from the United States. The receipts from
Russia have declined from 4,002,870 cwt. in 1873 to 1,811,784 cwt.
in the current year; and those from France from 1,064,199 cwt.
to 4,227 cwt.
Of flour the imports in the four months have been
2,520,418 cwt., against 2,458,008 cwt., of which 1,341,419 cwt.,
against 280,731 cwt., were from the United States. The imports
from France, which were 1,244,232 cwt. in the first four months
of 1873, were only 1 GO,781 cwt. in the corresponding period of
the present year.
The imports of barley have declined from
4,342,074 cwt. to 3,358,727 cwt., and of Indian corn from 4,605,396
cwt. to 4,325,066 cwt.
Those of oats have been 3,381,439 cwt.,
against 2,796,694 cwt.; of peas, 398,568 cwt., against 344,973 cwt.;
and of beans 899,791 cwt., against 890,435 cwt.- last year.
The
value of our imports of cereal produce in the first four months of
the current year is estimated as follows :
It appears

of wheat

2,618,300

6,534,400

7,835,300

Straits Settlements

1,195,300
23,583,500

3,765,400

2,888,160

Madras

Ceylon

3,026.500
1,001,800
5,799,950
-

Bombay

The

-

4,419,656.

5,088,130

Argentine Confederation

Madras

1,929.600
8,572,369

1,230,690
13,498,900

To Java

To

6,203,000
5,624,900

7,356,400
8,916,430

5,768,000
7,114,500

.

Peru
China and

4,428,8C0

4,001,980
10,247,730

2,708,026
10,059,473

Granada)
Brazil.

1874.

3.741.970

8,008,892

To Germany
Yards
To Holland....:
To France
To Portugal, Azores, and Aladeira
To "Italy
To Austrian territories
To Greece
To Turkey
To Egypt
To West Coast of Africa
To United States
To Foreign West Indies
To Mexico
To United States of Columbia (New
To
To
To
To
To
To
To

[May 2% 1874.

THE CHRONICLE

518

92

d.

6
67 6
44 6
48 3
76 0

Mon.
d.
8.
92 6
G7 6
45 0
48 6
76 0

Tnes.
d.
8.
02 6
67 6
45 6
49 0
76 0

Wed.
8.
d.
93
67
45

50
76

0
6
6
6

0

Thnr.
8. d.
93 0
67 6
45

50
76

6
6
0

Fri.
8.

-

93
67
46
61
76

d.
6
6

.

Liverpool Produce Market.—Spirits turpentine
Spirits petroleum has fallen off 3d.

is 6d. higher

0
0

0

51B

THE CHkONICLE.

1874.]

May 23,

circulation; fractional currency
Bureau by U. S. Treasurer, and dis¬
6 9
6 9
Rosin (common)... $ cwt.. 6 9
tributed weekly; also the amount of legal tenders distributed:
14 0
14 0
flne
“
14 0
Week
Notes in .—Fractional Currency.—, Leg. Ten*
1 0
1 0
1 0
Petroleuai(reflned).... $ gal 1 0
Circulation Received. Distributed. Dislrib’d.
8# ending
8#
11#
11#
11#
11#
(spirits)
u
Jan. 31
410,000
1,028,200
88 3
348,603.188
998,800
38 3
38 3
38 3
3
TallowfAmerican)...# cwt. 38 3 38 0 37 0
Feb. 7
348,637,504 ' 889,600
485,2Q0
1,021.000
37 0
37 0
37 0
37
Cloverseed (Am. red).. “ 3? 0
Feb. 14.
30 0
348,583,468
860,000
1,292,000
* 644,000
30 0
29 6
29 6
6
Spirits turpentine
“ 29 6 29
Feb. 21
770,000
462,800
348,648,605
83,600
348,586,000
1,105,609
891,400
1,298,060
London Produce and Oil Markets.—Sugar has risen from Feb. 28
March 7
348,695,954
1,055,000
438,700
1,384,000
25s. 6(1. to 26 s., being the only change’in prices reported.
March 14
348,334,389
1,054,200
634,300
980,80q
Sat.
Thur.
FrI.
Mon.
Tues.
Wed.
348,571,869
1,196,300
566,200
914,000
£ a. d.
£8.d.
£ a. d. £ s. d. £ b. d. £ s. d. March 21
April 4
349,071.057
958,200
326,900
Lin8’dc’ke(obl).^ tn 10 15 0 10 15 0 10 15 0 10 15 0 10 15 0 10 15 0 April !1
348,977,883
353,560
1,015,500
541,100
Linseed(Calcutta)....
02 3
62 3
62 3
62 3
62 3 April 18
62 3
357,000
1,486,000
349,081,083
830,300
8ugar(No.l2D’ch std)
349,086,208
356,400
357,000
761,500
on spot, $ cwt
25 6
25 6
25 6
25 6
26 0
26 0 April 225
May
349,059,558
357,000
972,500
628,900
Snerm oil..;... V tonl05 0 0 105 0 0 105 0 0 105 0 0 105 0 0 105 0 0
1.017,500
9
848.858.598
3 57,000 - 709,800
Whale oil
“
33 0 0 33 0 0 33 0 0 83 0 0 May 16
33 0 0 33 0 0
942,200
816,500
May
349,039,869
672,000
Linseed oil..
“ 28 3 0 28 3 0 28 0 0 28 3 0 28 3 0 S3 ‘3 0
International & Great Northern Railroad—
The International & Great Northern Railroad is a consolidation
COMMERCIAL AND MISCELLANEOUS NEWS.
of the International and the Houston & Great Northern Rail¬
The former will extend from the Red River opposite
Imports and Exports for the Week.—The imports this roads.
Fulton, Ark., where it connects with the Cairo & Fulton Rail¬
week show an increase in both dry goods and general
mer¬
chandise. The total imports amount to $7,523,869 this week road to Laredo on the Rio Grande del Norte, a distance of about
against $6,515,037 last week, and $6,537,995 the previous week. 550 miles; and the latter from Houston to the Red River border¬
The exports are $6,604,654 this week, against $4,454,367 last ing on the Indian Territory about 350 miles, and ultimately to a
week, and $5,736,887 the previous week. The exports of cotton connection with the Missouri Kansas & Texas Railroad within
sat.
b. d.

Mon.
s. d.

“

Wed.
s. d.
6 9
14 0
1 0

Tues.
8. d.
6 9
14 0
1 0

2.—National bank currency in

FrI.
d.

Thur.
d.
s.
6 9
14 0

s.

received from the Currency

“

...

..

bales, against 2,573 bales last week.
at New York for week ending
goods) May 14, and for the week ending (for general

the past week were 4,123
The following are the imports

(for dry

merchandise) May 15 :

YORK FOR THE WEEK.
1873.
1872.

FOREIGN IMPORTS AT NEW

miles;

ton

1874.

chase.
The company have also constructed "an extension across
5,911,730 Buffalo Bayou, forming a junction with the Galveston, Houston
6,538,008
& Henderson Railroad, and with the Harrisburg & San Antonio
Total for the week..
$7,460,904
$10,793,826
$7,938,263
$7,523,869 Railroad, about G miles southwest of Houston.
Previously reported.... 143,636,394
170,814,428
169,512,081 151,226,213
At the close of the fiscal year 1873, the International Company
Since Jan. 1
$181,608,254 $177,450,344 $158,750,082 had constructed their line between Longview and the Brazos
$151,097,293
Since then the road has been completed from
In our report of the dry goods trade will be found theimportsof River, 181 miles.
the Brazos westward 24 miles, making a total of completed road
dry goods for one week later.
The following is a statement of the exports (exclusive of specie) built under the charter of the Internat ional company of 205 miles.
The Houston & Great Northern Railroad, at the close of 1872,
from the port of New York to foreign ports, for the week ending
was open from Houston to Palestine, 152 miles.
During 1873 (in
May 19 :
EXPORTS FROM NEW YORK FOR THE WEEK
August) it was extended and opened from Troupe to Mineola, 44
1871.
1872.
1873.
'
1874.
For the week....
$3,473,666
$3,936,595
$5,482,894
$6,604,654 miles, and from Houston southwest to a junction with the Gal¬
Previously reported
90,392,273
80,900,943
100,640,538 100,700,204 veston, Houston & Henderson Railroad, a distance of 6 miles. The
whole length of this division open ai the close of 1873 was 202
$93,865,939
$84,837,538 $106,123,432 $107,304,858 miles. Mineola is within 8G miles of the north’State line.
Since Jan. 1
The following will show the exports of specie from the port of
On the road already inspected, the Houston & Great Northern
New York for the week ending May 16, 1874, and since the
Company have received from the State 3,009 Land certificates of
beginning of the year, with a comparison for the corresponding G40 acres each, of which 2,319 have been located and surveyed,
date in previous years :
and returns thereof filed in the Land Office, amounting to
May 13—Str. Cuba
Liverpool
Silver bars.
$177,933 1,484,100 acres. The company have also on hand unlocated, 022
Spanish Doubloons and 47,100
May 14—Str. City of N. York.Havana
American gold
certificates, and are entitled on road completed and not yet
May 14—Str. Westphalia
Silver bars & Am. coir.. 976,123 inspected to 384 certificates, amounting to 043,840 acres, making
Hamburg
May 16—Str. City of Chester.Liverpool
Silver bars & Am. coin. 302,059 the total of lands the company are entitled to receive from the
May 16—Str. Adriatic
Liverpool...... .Gold and silver bars.... G4.724 State on
completed road 2,128,000 acres, The company also own
May 16—Str. Mosel
London.
Sovereigns
48.750
Mav 16—Str. City of Panama. Aspinwall
IT. S. silver coin
4,700 along the line of the road (exclusive of town sites) acquired by
May 16—Str. Periere
Havre, for Paris.Silver bars.. coin.... 100,000 purchase and donations, 40,000 acres of land of good quality and
27,330
American gold
May 16—Str. Cuba
Havana.,
Amer. double eagles.... 20,000 mostly timbered. The International Company are entitled to a
May 16—Str. Java
Liverpool
American gold coin
600,000
Gold bars....
296,613 subsidy from the State in State bonds to the extent of $10,000
per mile of road built and equipped.
For the past year the two roads have been operated practically
Total for the week
$2,665,337
1871.

$1,340,255

$2,198,633

$2,059,808

Dry goods
General merchandise...

,

Territory. The consolidation also includes the Hous¬
Tap & Brazoria Railroad from Houston to Columbia 50
the Huntsville Branch Railroad from Phelps to Huntsville 8
miles, and the Victoria & Columbia Railroad from Columbia to
Victoria, 100 miles. * These thr.ee roads were acquired by pur¬

the Indian

8,595,193

5,401,096

13,758,549
$16,423,886
$11,962,577
29,000,359
14.994,478
16,964,006

Previously reported

1874

Total since Jan. 1,

Same time in—
1869...
1868
1867

I

Same time in—

$19,960,727 |
18,095,518 |
1871
30,444,290
1870
10.206.910 1
The imports of specie at this

1873
1872

been as follows:
May 11—Str. Corinth
May 11—Bark Magdalena.
May 12—Str. Atlas
May 13—Str. Acapulco
May 15—Str. City of Merida
May 16—Str. Pommerania.
May 16—Str. Cuba

May 16—Scbr. I. Oliver

$1,612,139

1866

port during the past week

Jacmel
Bolivia
Kingston
Aspinwall
Tlavana
Hamburg
Vera Crnz
AuxCayes

..Silver
Gold bars
Gold
.y.
Silverdust...
Gold bar£.
Silver
Gold bars...
Gold
Silver

,

.

482

1,150
7,700
2,300
6,200

1,066
10,000

I

*

Same time in-

$1,720,827 I 1869..*
641.12111868
.3,024;530 1867
6,916,632 |

one,

under the agreement

executed by both companies on

1,056,973

the

approved by 54,087 shares
The results of
exhibited in the statis¬
ended November 30,1873.

19tli day of February, 1872, which was
of the 00,000 shares of the H. & G. N. Company.
the General business of the joint roads, as
tical forms appended cover the year
The equipment of the road in
power

and rolling stock
motive
(including the line to St. Louis)
will be required for at least a year

is sufficient for present business
and will probably be all that

from date.
The through
Cairo & Fulton

^

line, to St. Louis, by

and the
and adds
The whole

the Texas & Pacific

Railroads, was opened early in 1874, and promises
a very large increase in the business of the joint roads,
very largely to the railroad facilities of the State.
length of the line from Houston to St. Louis is 825 miles.
ROAD AND

EQUIPMENT.

181

International RR.—Longview to Brazos River... .
Houston & Gt. Northern RR.—Houston to Palestine

152
1,486,638 Southern Extension—Houston to Galveston, Houston & Hen¬
6
derson RR
$1,558,749 Northern Extension—Troupe to Mineola
44—202
Huntsville Branch RR.—Phelps to Huntsville
8
$8,644,624 Houston Tap & Brazoria RR.—Houston southward
10
8,064.855

Previously reported
1, 1874

$38,699
4,514

$72,111

Total for the week

Total since Jan.
Same time in—
1873.
1872
1871
1870

have

as

Total

miles.

410 mile*.

length of railroad in use....

20# “
length, computed as single-track
431# miles.
mary of certain weekly transactions at the National Treasury.
40
1.—Securities held by the U. S. Treasurer in trust for National Locomotive engines
Passenger Train Cars—Passenger cars, 23; and baggage, mail and express
Banks and balance in the Treasury :
cars, 6
29
Coin
,—Bal. in Treasury.—n tifleates. Freight Train Cars.—Box cars, 248; platform cars, 359; and stock cars, 60.. 667
Week
For
ForU. S.
Road and Construction Cars—Gravel cars, 26; and hand and push cars, 79.. 105
Coin.
Currency, outst’d’g
National

Treasury.—Tne following forms

present a sum¬

Sidings and other tracks
Total

cer-.

Circulation. Deposits.
Total.
392,494,300 16,320,200 408.814,500
392,645 200 16 511,200 409,156,400
392.740,200 16,210,200 408,950,400
392,601,200 10,220,200 408,824,400
392,515,950 1^,265.200 408,781,150
392,656,200 iO,245,200 408,901,400
392,773,200 1 6,245,200 4 09,018,400
392,880,200 16,270,200 409,150,400
April 4... 392,916,700 16,365,200 409,281,900
April 11. 392,910,700 16,465.200 409,435,900
April 18. 393,747,200 16,510,200 410,257,400
April 25. 392,869,200 16,570,000 409,439,200
May 2
392,909,100 16,535,200 409,444,300

ending

Jan. 31..
Feb. 7..
Feb. 14..
Feb. 21..
Feb. 28..
March?..
March 14
March 21

..

May 9

..

Kay 10

.




409*530,800

16,585,200 426,066,000

3W,980,600 16,535,200 409,515,800

OPERATIONS AND FISCAL

84,565,085
80,689,404
86,580,377

4,976,886 44,852,400
4,124,197 44,330,700
2,868,609 43,634,000
40,569,200
40,627,800
40,705,700
37.176.100
35,613,500
34.931.100
3,021,874 33,705.300

84,246,933 3,234,362
3.002,629
86,240,743
87,817,545 £2,730,408
4,086,124
87,360,169
3,781,554
86,801,529
3,658,803
87.835,-628

87,759,000
89,031,885

88,611,729

7,977,097

35.255.600

9,583,126 35.856.600

RESULTS

freight, $825,049; express,
$8,177; mail, $16,547; and miscellaneous, $1,050. Total
Operating Expenses—Total (59*29 p.c.)

Gross

yet

Earnings—Passenger, $215,422;

$530,035

Earnings—Excess of revenue
TREASURER’S ACCOUNT FOR TIIE YEAR.

on hand December 1,1872
Receipts from all sources during year

$9,.c28

;

Cash

2,352,- 83

1872-73 ......

$2,361,811

Total resources for thoyear 1672-1873.
Payments during the year 1872-73

Balance—Cash on hand November

30,1873

$1,066,245
536,210

,

2,310,450
$51,361

~520

THE CHRONICLE
FINANCIAL CONDITION AT CLOSE

OF YEAR.

Capital stock. 55,000 shares at $100 per share
$5,500,000
1st mortgage (International) sinking fund, tax free, gold bonds, 7s
(16,000 p. m.), due April 1. 1911
3,264,000
1st mortgage (H. & Great Northern) gold bonds, 7s ($16,000 p. m.),
due January 1, 1900
4,100,000
Convertible(H. & Great Northern) currency bonds, 8s $(10,000 p.m.)
due August 1, 1892
3,150,000
Total stock and bonds

The

following is

$16,014,000

.

a statement

of assets and liabilities:

Assets.
First mortgage bonds
sion and repair of

unsold (on completion of Milam Co. exten¬
H. Tap & Brazoria R. R.) $53 000, value at 80
$42,400
1,087,500
75,000
60,750
33,000

percent
Convertible bonds ($10,000 p. m.), $1,450,000. valued at 75 per cent..
Anderson Co. 8 per cent bonds, $100,000, valued at 75 per cent
Smith Co. 8 per cent bonds, $81,000, valued at 75 per cent

Tyler City 8 per cent bonds, $44,000, valued at 75 per cent
Texas State bonds in suit ($1,800,000 now due, and $200,000 more on
completion of Milam Co. extension); say, $2,000,000, valued at 80
percent
Accrued interest

on

1,600,000
200,00

above due in cash, say

State grant of

lands to H. <fc Great Northern Co., located, 1,481,160
valued at $1 per acre
Certificates, not yet located, for 643,840 acres, valued at 50 cents per

1,484,160

acres,

~

acre

321,920

Real estate, not covered

by mortgages, consisting of town sites, city
lots, and other lands, acquired by purchase and donations, value
in aggregate at

500,000

Total assets.

$5,404,730
Liabilities.

Bills payable and acceptances maturing 18713-74
Amount required to complete road now under construction

$541,672

and
repair, and to furnish additional equipment, including that lor ihe
through line to JSt. Louis
Interest on H. «fe Great Northern 1st mortgage bonds due
January 1, 1874, at 3>£ per cent, gold
$143,500
Premium on gold, 10 per cent
14,350—
Interest on convertible bonds, due Feb. 1, 1874, at 4 p. c
Interest on International 1st mortgage bonds, due April 1,
1874, at 3 per cent, gold
$114,240
Premium on gold, 10 per cent
11,424—
Total liabilities

Surplus of Assets

over

342,549
157,850
126,000

125,664

$1,293,735
liabilities

$4,110,995

DIRECTORS AND OFFICERS FOR

1873-74.

Moses Taylor
New York, N. Y. I Jacob S. Wetmore.. New York, N Yr.
W. E. Dodge
New York, N. Y. | T. W. House
Houston, Tex.
H. G. Marquand
New York, N. Y. W. M. Rice
New York, N. Y.
P. M. Spoffard
New York, N. Y. | W. J. Hutchins
Houston, Tex.
T. W. Pearsall
New York, N. Y. i Galusha A. Grow
Houston, Tex.
W. W. Phelps
New York, N. Y. | James W. Barnes
Hearne, T.ex.
John S. Kennedy... New York, N. Y. I
and
John S. Barnes
New York, N. Y. | C. Ennis
Houston, Tex.

—We call the attention^ railroad officers and car-builders to
the card of the New England Car Spring Company in to-day’s
issue. This company was established in 1848, and is the oldest
company in existence manufacturing India-rubber car springs.
As a proof of the
cite the extended

superiority of these springs, the concern would
use of their goods throughout the world, they
having been used up to the present time on over fifteen hundred
railroads in the United States, South America and Europe. The
desirability of using first-class springs need hardly be commented
on, as all railroad men are aware that a spring of poor quality is
good for nothing. The springs of this company are all warranted.
—We call the attention of parties holding Tennessee State
bonds to the card, in this issue of the Chronicle, of thb old and
well-known house of Norton, Slaughter & Co.
This house gives

special attention to the registering and funding of the old bonds
past-due coupons of that State.. They are also prepared to
exchange the new funded bonds for the unregistered bonds and
past-due coupons at a reasonable rate of difference. Holders
who correspond with this well-known and responsible house will
find their interests faithfully attended to.
and

—The New York Safe Deposit Company, of which Mr. Francis
H. Jenks is president, comes into more than ordinary prominence
at this time, on account of its usefulness in caring for personal

property, bonds, &c., while owners are away on their summer

An inspection of the vaults and safes of this company will
well repay the trouble, and will show the security and the con¬
venience with which valuable articles may be deposited and
taken out again.
trips.

—We call the attention of our city readers to the very eligible
offices located in the new “Union Building” on William street,
near Wall.
The building boasts as finely fitted offices as are to
be found in New York, and especially is this the case with the
two basement offices, which are well adapted for an insurance
company.
—The coupons due June 1 on the bonds of the St. Louis & Iron
Mountain (Arkansas Branch) Railroad Company, and the Cairo
Arkansas & Texas Railroad Company, will be paid on and after
that date at the office of the companies, 120 Broadway.
—The June coupons of the Erie Railway Company’s fifth
mortgage bonds will be paid at the office of Duncan, Sherman &

Co.
—The June coupons of the Long
bonds will be paid at the treasury of

President, Galusha A. Grow, Houston, Tex.; Vice-President, William Walter
Phelps, New York, N. Y.; Treasurer, T. W. Pearsall, New York, N. Y.;
Assistant Treasurer and Paymaster, D. S. H. Smith, Houston, Tex.; Secretary,
Ira N. Evans, Houston. Tex.; Financial Agent, Jacob S. Wetmore, New York
N. Y.; Auditor, W. P. Van Boursen, Houston, Tex.
The Anglo-Californian Bank, Limited.—The second ordi¬
nary general meeting of shareholders was held lately at the

offices, 3 Angel court, Throgmorton street, London, the Hon.
Hugh McCulloch in the chair. The directors’ report was sub¬
mitted, showing the balance-sheet, and the profit and loss account
to 31st December, 1873.
The capital called up was paid in the
months of April, May, and June, 1873, and the bank commenced
active operations on the 2d July following.
The directors state
that no bad debts have been incurred. The gross profits amount
to £28,046 lCs. Id., and after deducting rebate of interest, all
charges at the head office and the San Francisco branch, as well
as writing off the whole preliminary expenses, there remains a
net

profit of £15,482 4s. 6d., being above 10 per cent, on the paidcapital, and out ol this amount it lias been resolved to declare
an interim dividend of 8s.
per share (being at the rate of 8 per
cent, per annum), free of income tax; leaving £3,494 4s. 6d. to be
up

carried lorward to the

new

account.

The increase of the trade

and the

general prosperity of the Pacific Coast, and the State of
California in particular, during the past year, as Bhown by the
statistics of the exporfs of wheat, wool, precious metals, &c.,liave
been remarkable, and the directors confidently anticipate a profit¬
able and satisfactory result from the business of this bank for
the current year.
The French Line of Steamships.—The decrease of public
confidence in lengthened steamships has induced the General
Transatlantic Company, of which Mr. George Mackenzie is agent,
to withdraw all of their remodelled steamers, and in future none
but those retaining their original form will be run on the Ameri¬

The company

retain the most perfect confidence in
the stability of their rebuilt vessels, and they are withdrawn
merely to allay any feelings of insecurity that passengers on
these steamers might entertain. The step is attended with
great expense to the General Transatlantic Company, and is
another proof of their enterprise and constant desire to take every
possible precaution against accident, and to afford every comfort
to tourists, which will undoubteuly be appreciated.
can

route.

—We have just received from the publisher, Mr. William O.
Allison, 42 Cedar street, “ The Year Book of the Oil, Paint
AND Drug Reporter,” ahandsome volume of some 230 pages, pre¬
senting valuable information and statistics relating to the several
branches of

trade of which the Reporter is the acknowledged
representative. The book is very finely illustrated with several
steel-plate engravings of distinguished merchants and others,
whose faces seem appropriate in such a work.
Among these
we may mention the
portraits of Baron Liebig, David Hoodly,
Fisher Howe, and Charles H. Leonard of New Bedford. Taken
altogether, the book issued by Mr Allison is one of the hand¬
somest volumes of the sort which has yet appeared in New
York, and is calculated to raise the standard of commercial year

books above the level of




mere

advertising mediums.

-

fMay 23, 1874.

Dock Company’s mortgage
the Erie Railway Company.

BANKING AND FINANCIAL.
rL. W. HAMILTON &

CO., Stock & Privilege Brokers, 48 Broad

street, New York, having contracted with responsible parties, can ,
for the coming week, negotiate Stock Privileges at the following
distance from the market

price of the stock. A Put or Call on
including commission, will cost $106 25, and for a
Double Privilege the cost will be $212 50.
Privilege Certificates
for less than 100 shares will be issued at the J same rates.
100 shares,

“PUTS."
Below
Market
Price.

Rates for week

ending
May 30, 1874.

Lake Shore
Erie

“CALLS.”
Above
Market

Price.
3

2X

IV

2X
2X

3X
3X
SX
3Y
2V

IX

Rock Island
Wabash
Northwestern
Mil. & St. Paul
Ohio & Mississippi
Union Pacific
Weste n Union
Pacific Mail

DOUBLK

Privilkgks.
Distance
from Market.

2

2X
2X

2X
2Y
2X

3

3*

2*
2‘V
2X

.

2X
IX
2V
2X

2Y

sv

of the last number of the Wall Street Reporter, con
taining a full report of the operations of the past week, and
explaining how large profits are made in stock speculations, with
but a small risk of loss, by investing from $50 to $100, will be
mailed free, to any address.
A copy

COTTON

CONTRACTS

Advances made
Collaterals.

on

Bought and sold on Commission only.
and approved Stock Exchange

Cotton

-

..

R. M. WATERS & COM 56 Broad st
RAILROAD BONDS.—Whether you wish to BUY or SELL
HASSLER & CO., No. 7 Wnll street. N. Y.

write to

COTTON AND PROVISION CONTRACTS bought and sold.
Advances made on Cotton and Provisions.
FOX & FLASH, 25 William street.

STOCK PRIVILEGES.—Our large purchases of “Puts,” “Calls,” and
Spreads enable us to quote extremely low rates for A-l contracts. We are
prepared to negotiate up to May 30 at the following distances from the market:
On Puts or Calls $50 for 50 shares, $100 for 100 shares.
Spreads, $100 for 50
shares ; $200 on 100 shares on any stock for 30 days, exclusive of commission.
SPUR

PUTS,

Prices good
be ow
up to May 30. market.
2
Rock Island
N. Y. Central.... IX
Lake Shore
2
West. Union
2X *
Wabash2*
2
Northwest
St. Paul
IX

ADS,
from
above market
market, price.

PPRKAD8,

calls,

SX
2X
SX
4X
S*
8X

2*

2X
IV

3*
2\

l*

PUTS,
Prices good
below
up to May 80. market.
<>nios
ix
Union Pacific.... 2X

C., C. & I. C
Pacific Mail
Han. <fc St. Jos
Erie

.

calls, from
above market
market,

price.

2Y
3X

IV
2X
2X

3

2X

8

3*

IV

l*
ax

3f

Address orders to
TUMBRIDGE <fe CO., Banker* and Brokers,
% Wall street, comer Broadway, &

Y.

&!)* ©ankers’

521

CHRONICLE.

THE

May 23, i874.]

May
U. S. 6s,
U. S. 6s,
U. S. 5s,
New 58

•

following Dividends have been declared during the past week :

The

r

Company.

Per

Cent.

Railroads.

$4

Northern (N. II.)

market

The Money

developed

Financial

and

..

.

Situation.

The

—

feeling in business circles. The current of financial legislation
at Washington, as shown in the House amendments to the Senate
Finance bill, ie generally regarded quite favorably; or at least as
with which the country
been

a

favorable

one

109%
-104%
104%

110
110

106% Apl. 22
107# Jan. 5
103% Feb. 16
102# Jan. 15

107%
109%
104

101%

Feb. 19
Feb. 19

105# Jan. 24
104% Apl. 13

Bonds.—Among Southern State bonds
most active, and in other

Itallroad

principal feature was a sharp advance in New
Bounty Loan under a heavy demand for that issue.
The latter movement was first reported to be from the purchasers
of “ out-of-town
buyers, but we aie informed that it was in fact
based upon the purchases by some of the State authorities for
the investment ot fjnds specially directed to be put into that loan,
and that the whole amount taken would be several millions, the
outside limit of purchase being fixed at 110.
In railroad bonds the principal feature was the raid on Central
Pacifies, which carried the price down to 89, and is understood to
have proceeded from the parties who placed the California
Pacific extension bonds in the foreign markets. There has been
much fear in Germany of lute that the next interest on these
bonds would not be paid, and they have declined to a very low
figure. The exact connection between the Central Pacific and the
California Pacific has been widely misunderstood, and an article
in The Chronicle, on page 389, will give the clearest idea of
the present status of those companies that has lately been pub¬
lished. Railroad bonds have generally been rather lower through¬
out the list, affected to some extent, no doubt, by the decline in

York State

of

the proposed financial measures

being much better than some of

107

State securities the

li

further improvement in the general tone

a

and

22.

Tennessees and Missouris have been

Friday, May 22, 1874—6 P. M.

.

week has

June

5-20’8,1867
10-40’s

—Since Jan. 1.Lowest.
Highest.

May

15.

106%
103%
104%
104%

5-20’b, 1865

State

Kble J Book8 0108 *»•

May

8.

DIVIDENDS

follows:

Closing prices of securities in London have been as

©alette.

The season has not
for financial wisdom, and any proposed law
has been threatened.

with it the certainty of positive injury is
regarded to a certain extent as a safety valve, by standing in the
place of some other provision which would be still less pro*
pitious.
The money market continues to rule very easy and call loans
have been readily obtainable at 2(<|4 per cent. Commercial paper
is rather lower than last week, and there are more lrequent trans¬
actions on very choice paper at rates below our current quota¬
tions which are now 5id)G per cent.
A better feeling is reported Pacifies.
in the dry goods trade, and a large sale of woolens this week went
Closing prices daily,and the range since Jan. l,have been:
off much better than had been expected.
Since Ian. 1.
May
May May May May May
Lowest.
21.
22.
20.
18.
19.
Highest.
16.
Cable advices from London on Thursday reported a gain of
79
Jan.
8 91# Mch. 11
S3
S3
83
*82# *^2#
flsTenn., old
*83
79
Jan.
9 9!# Mch. 20
83
*82# *82#
83#
83#
*83
£388,000 in the bullion of the Bank of England during the week, 6iTenn.,new
20# May i 29# Jan. 24
23
*21
6s N. Car.,old....
*20# *20# *20
*20#
y
16
Jan.
6 21# Mch. 21
the discount-rate remaining unchanged at 4 per cent.
6s N. Car., new
Jan. 30
40
Jan.
9 42
*31
*31
6s Virg., old
*31
Feb. 17 53# Jan. 27
50
*50
The last statement of the New York City Clearing-House banks
do
consolld. *50#
10# May 13 11# Feb. 13
*10#
deferred. *11
*io#
do
Jan. 12
*3
7
on May 16, showed a further increase in legal tender reserve, the
*8
•8
*8
Apr. 28 11
6s S. C., J. & J
90# Jan. 2 97# May 22
97
‘97
‘97#
97#
96#
96#
68 Missouri
ei cess above the 25 per cent requirement being $ 18,572,175 against
89
90
96# Jan. 14
89#
May 22
91#
93#
91#
Cent. Pac., gold..
*91
Apr. 7
85
81# Jan. 2 87
84#
84#
Un Pac., 1st
84#
85#
75
75
$17,313,875 the previous week.
May 21 85 Mch.31
79
*78
*72
*75#
do
L’d Gr’t' 79
89
Mch. 27
76
75
73# Jan. y
78
79
do
Income.
79#
The following table shows the changes from previous week
101
Jan. 5 105
10 i
Apr. 7
*102
Erie 1st M. 7s
*101
*100# *100# *101
102# Feb. 3 109
Apr. 28
107
N. J. Cen. 1st 7s
and a conlpariRon with 1873 and 1872 :
*105
105# 105# 104 Jan. 27 106# Mch. 19
Ft Wayne

which does not carry

....

•

■p

•

....

.

•

o,>

...

....

1st 7s.

1874.

1872.

1873.

—,

Rock isld 1st 7s...
*

This

is

*106

106

106%

the price bid. no sale was

May 9.
May 16.
Differences.
May 17.
May 18.
$236,503,600 $284,587,500 Dec. $1,916,100 $278,074,400 $287,713,600
Specie
27,305,500
27.301,600 Dec.
3.900 20,698,900 20,309.800
Circulation....
26,922,200
26,923,900 Inc.
1,700
27,4^9,200
27.638,400
Net deposits.. 236,236,700 236,395,000 Inc..
15S,300 207,834,100 219,267,600
Legal tenders.
43.102,200
55.798.000
57.100.300 Inc.. 1,302.300
48,805,800

has been

has

101

105

105

*105

Jan.

6 106# May 18

made at the Board.

and their

Loans anadis.

United

b^en

States

steady

on a

Bond*.— The Government bond market

The foreign bankers have

moderate business.

generally been sellers and the purchases have been for home ac¬
count, the savings banks figuring for some large amounts.
Each
new phase in financial affairs seems to work favorably for United
States Governments, and whether it is the prospect of free bank¬
on tliq one side and the probible
basis of circulation, or in an eutirely

demand for

ing

ciation of

our

more

bones

as a

opposite direction, the depre

American railroad securities abroad, either influ¬

is calculated to

strengthen the popularity and increase the
inquiry for Government bonds.
Closing prices daily have been as follows:

ence

May
Int.

5b, funded, 1881, ..coup

period.
Quarterly.

115

...reg..Jan. & July. *119%

6a, 1881

coup..Jan. <te July. *121#
coup..May & Nov. 115%

6s, 1881...
6s, 5 20*8, 1862...

6s, 5-20’8, 1864
coup..May
6b, 5-20’s, 1865
coup..May
6s,5-20’s,1865 new,coup.. Jan.
6s, 5-20’8, 1867... coup..Jan.
6s, 5-20’s, 1868
coup..Jan.
5s, 10 40's
reg.. Mar.
5s, 10-40’a
coup..Mar.
6a Currency
...reg.. Jan.
...

*

16.

.

This is the price bid, no

& Nov.
& Nov.
& July.
& July.
& July.

May
18.
*115

May
19.
*115

!19% *119%
121% *121%
115% *115

*116% *117
117
118 *117% *117%
*119% 119# 119%
*120% 120% *120#

*120# *120# *120#

&Sept. *114# *114% *114%

& Sept.

<fc July.

sale

was

115% *114%
lib# 116%

115

May
20.
*115

May
21.

May
22.

115# *115#
119# 119% 120%
121%' 121% 121%
*115% 115% 115%
*117
117# *117#
116#
*117% 118
119% 119% 120
120# 120# 12C#
*120% 120# *120#
*114# *114% 115%

*114%

115%

116% *116# * 116%

115

117

made at the Board.

prices since Jan. 1 and the amount of each class
tanding May 1 1874, were as follows:

The range in
of bonds outs

Amount May 1.——,
—Rangesince Jan. 1.
. ,
Lowest.
Highest.
Registered. Coupon.
2 117
Apr. 28 $176,797,450 $138,177,500
Jan.
5s, funded’ 1881... .coup.. Ill
3 120# Feb. 10 193,173,750
6s, 1881
reg.. 115% Jan.
3 122
Apr. 29
89,562,600
68,1881
coup.. 117
Jan.
16,610,100 151,654,400
6s, 5-20’a, 1862
coup
112# Jau. 6 113% Apr. 29
coup.. 114
6a, 5-20’s, 1864
Jan. 6 120# Apr. 29 25,946,300 33,046,500
33,789,750 118,744,600
6s, 5-20’e, 1865
coup.. 115
Jan. 3 121# Apr. 15
56.777,000 145,856.100
6s, 5-20’s, 1865, new coup. .114# Jan. 3 120# Apr. 29
87,786,250 222,t>68.150
6s, 5-20’s, 1867
coup.. 114# Jan. 2 120% Apr. 30
13.878,000 23,596,000
bs, 5-20’s, 1868
coup.. 114
Jan. 20 120# Apr. 29
58, lO^O’s
reg.. 110% Feb. 2 115# May 22 141,103,000
53,464,800
50,10-40’8
....coup.. 112# Mch. 2 1lo% Feb. 28
us,Currency
reg,. 114
Jau. 6 117# Apr. 2 64,623,512




itallroad

and JBIacellaneon* Stock*.—The

irregular, and,

upon

stock market

the whole, depressed.

In the ab¬

of any good basis for a bull movement in stocks the atten¬
tion of speculative parties lias been turned in the other direction

sence

weight is generally conceded to be on the side of lower
prices. In addition to this, two of our most prominent roads—
the Chicago and Northwest, and the Chicago Milwaukee and
St. Paul—are subjected to what is generally considered a most
unreasonable persecution from the Legislature of Wisconsin, and
the very fact that railroad stock should be subject to depreciation
from such hostile legislation, is in itself depressing. To-day the
following press despatch is published :
Milwaukee, Wis., May 22.—Gov. Taylor issued to-day a circular in which,
after reciting the resistance of the Milwaukee and St. Paul and Chicago and
Northwestern Railroad companies to the law recently passed by the Legisla¬
ture fixing tariffs for the transportation ot freight, he urges every citizen to
pay only the amounts the law prescribes for the services of these roads, and
if they exact more to make complaint of such violations before Justices ol the
Peace and have them come up to the higher criminal courts.
He requests all
District Attorneys to prosecute the roads if any such complaints reach them.

firm, and in most cases near the
highest point of the day which is given in our range below.
Railroad earnings for the second week of May show pretty fairly
The daily highest and lowest prices have been as follows:
Prices at the close were pretty

Saturday,

May
N.Y.Cen.&H.R.
Harlem
Erie
Lake Shore....
Wabash
Northwest
do
pref.
Rock Island .*..
5t. Paul
do '
nret....
At.& Pac.,pref
Ohio A Miss...
BoJ., H. & E..
Centra] o*. N.J.

97#
128
85#
75#
36#

li

97#
128
36
76#

38#

42# 43#
61# 61#
9rl# 97#
33# 34#
*52#
...

Col.Chic.&l.C.

23# 23#
*1# ....
*105
107# tOT#
*25#
27# 28#
*19# 19#

Panama
West, Un. Tel.

104# l”5#
70# 71#

Quicksilver....

25# 25#

Del., L.& West
Han. & St. Jos.
Union Pacific..

do
pref
Pacific Mail....
Adams Exp..
American Ex..

United States..
Wells, Fargo..

....

41#

43%

*101# 102#
62

62

*.... 67#
*74# 75#

This la the price

Monday,

May 18.
96# 97#
35# 35#
74# 75#
35# 36#
39# 42
59
60#
95# 96#
31# S3
50# 51#
13# 13#

22# 23
1#
105#
107# 107#
25
25#
25# 27#
18# 19#
104r ros#
69
70#
‘24# ....

*105

Tuesday, Wednesday, Thnrsday, Frl
May
May 21.
May 19.
May 20.
97#
97% 97#
95# 97#
96# 97#
129
129
‘127
128# 128# *127
129
35# 35#
35
35# 85# 35# 35%
74#
74# 75#
74# 75#
74# 75#
31# 36%
35# 36#
35# 36#
35# 36#
40
40#
39# 41
40# 41#
39# 40#
58
58
59
57# 59
53#
59# 59#
95# 96#
95# 96
95# P6#
94# 96
32# 33#
32# 32#
32# 33#
31# 32#
52
52
51# 52
*49
53
51
51#
14
14
13# 14
13# 13#
U# 13#
23
23#
23% 23#
23
23#
22# 23#
1#
1#
1#
1#
1%
*1#
l#
106# 105# 105#
*105
105# 105# *105
*
*107
’107
107% 108^
106# 107
26# 26#
26# 26#
25
26
26# 26#
26# 27#
26# 26#
26# 27#
25# 26#
19
19% 19%
19
19#
1.3# 1919#
*100
105# 105#
*101
106
103# 104
71
71#
70# 71#
70# 71#
69# 71

,oi*

....

‘25
•25

*26

40# 41#
*102

*61#

62

....

....

4!#

42#

X102
102#
*61 # 62

67#

67

....

75

67
75

....

*25

*25

27

3l#
42# 42#

42# 42#
41# 42#
102# 10*2# *192# 102# "103# 105
61# 61# *60
61# *.... 61J
67# 67#
*.... 67?
78
*74% 77
74
*74# 76

bid and aaked; no sale wm made

at the Board.

J

The entire range from Jan. 1,1873, to this date was as
t—

—Jan. 1,

Highest.

N. T. Cen. & Hud. R... 95% May
Harlem
118% Jan.
Erie
34
Apr.
Lake Shore
73% Apr.
Wabash
34% May
Northwest
39% May

pref

105% Mch. 11
134% Feb. 18
51% Jan. 15
84% Jan.
55% Jan.
62% Jan.
78% Feb.
109% Feb.
49% Jan.
74% Feb.

57% May
94% May
31% May
48 May

Rock Island
St. Paul
do
pref
Atlantic & Pacific pref. 12% Jan.
Ohio & Mississippi.... 22% May

22
36

Feb.
Jan.

Boston, Hartf. & Erie. 1% Apr.
Central of New Jersey. 98
Jan.
Del., Lack. & Western. 99 Jan.
Hannibal & St. Jo
25
May
Union Pacific
25% May
Col., Chic. & I. C
18% May
Panama
101
Apr.
Western Union Tel
68
Apr.

3%
109%
112%
34%
38%
32%

Jan,
Feb.
Feb.
Jan.
Mch.
Mch.

118

Jan.

22% Apr.
30
May
37% Apr.

35%
40%

—

Quicksilver

do
pref
Pacific Mail
Adams Expres^.
American Express
United States Express.

82%
49%
102%

92% Jan.

58% Jan.
60% Apr.
09% Jan.

Wells, Fargo & Co

The latest railroad

65
73

78

Latest

Central Pacific

Month

of

Cldc., Danv. & Yin. Month of Apr.
Chic., Mil. & St. P.. 2d week of May.
Chic. & Northwest. 2d week of May.
Cleve., Col. Cin. & I. Month of Apr.
Illinois Central
Month of Apr.
Indianap., Bl. & W.. Month of Apr
.

Kansas Pacific

Month

Michigan Central..

2d week of May.
of Apr.
Month of Apr.
Mon*n of Apr.
2d .veekof May.
Ip. week of May.
.st week of May.
1st week of May.

of

Apr.

Mo., Kansas & Tex.. Month

Mobile & Ohio
Ohio & Mississippi..
St. L., Alton & T. H.
do
branches.
’
bt, L.,LMt.& South,
St. L., Kans. C. «fcN.
St. L. & Southeast.. Month of

Apr.

Toledo, P.&Warsaw 2d week of May.
Tol., Wab. & West. 2d week of May.
Union Pacific

Month

West Wisconsin

Month of

85

Nov.

Apr.

Mch. 11
Apr. 21
Jan. 24
Jan.

Nov.

14%

Nov.
Nov.
Nov.
Nov.
Sept. 30

52% Feb.
39% Jan.

43% Feb. 11
130

Jan.

6

follows:
Jan.l to latest date.
1874.
1873.

,

1873.

$1,678,503 $1,684,829
381,901
3,667,026
195,935

8,050,845
4,.*04,4.'8
1,314,543
2,266,480
5S2.647
886,695

2,759,534
954,980

817,197
1,102.0%
424,421
171,294

697.328
796,072
413,315
23,097
412,796
89,953 1,809,367
708,257 1,915,732
70,975
313,571

London prime bankers’sterling
London good bankers’ do
London prime com. ster do

325,069
3,650,530
185,527
2,178,121
3,937,682
1,60!*,177
2,414,341
427,383
998,358
2,651,321
940,622
1 065,879
1,252,668
515.196
206,823

802,118
923,997
402,762
401,861
1,834,5!!
1,724 015
226,598

Lapaley & Bazley, Brokers, 74 Broadway and 9 New

street

Puts

May 22,1874.

Calls

below.

above.

Gold for % bonus..
M a> \
W. Union Tel
Pacific Mail
1\@3
N. Y. C. * Hud...
Harlem
2 4^4
Erie
Hake Shore
l.H<$2%
Northwestern
2 (<j}3

-

Rock Island
Mil. * St. Paul.
Wabash
2^®4
t%<d>2% I Ohio * Mississippi.
4 w.6
I Union Pacific
3

..

2^@4
2

Puts
below.

Calls
above.

•

1

2!4@3%

1*@2%

2^(<v4

13* @3

2J<<^3%
1%@2'4

1%@1%
1H®2%

2

J Han. & St. Joseph. 13i(a>2i%

2%@3%

C., C. & I. C

2($4

2J;(;(i4%

The Gold Market.—The

of

gold has been without
speculative disturbance, and the range of price within a very
moderate limit. The only topic of importance discussed in con¬
nection with gold just now, is the probable extent of the export
movement.
Last week the shipments were $2,065,336, and so
far this week, about $1,400,000 has been shipped, only a part of
which was gold. For to morrow’s steamers, the amount reported
to-day is $800,000 ; but this may be varied in either direction
before the hour of sailing. On gold loans the rates to-day were
1, 2, 1|, 2£, 3, and flat for carrying. On Tuesday the Treasury
sold $1,500,000, the total bids amounting to $5,385,000. Customs
receipts of the week have been $1,846,000.
The following table will show the course of tiie gold premiums
each day of the past week :
course

-Quotations.-Total
Open- Low-High- Clos¬
Balances.
Gold.
ing.
est.
est.
ing. Clearings.
Currency.
Saturday, May 16. ...112% 112
112% 112% $42,570,000 $1,367,163 $1,562,670
Monday,
“ 18 ...112% 112% 112% 112%
38,468,000 1,412,000 1,590,260
Tuesday, • “ 19 ...112% 112
112% 112%
23,684,000 1,132,368 1,270,242
20 ...112% 112% 112% 112%
Wednesday, “
19,914,000 1,125.321 1,276,311
Thursday,
“ 21. ...112'.i 112% 112% 112%
19.074,000 1,011.881
1,137,127
22 ...112% 11*2% 112% 112%
“
Friday,
26,513,000 1,185,700 1,335,641

The
can

following
coin:

Sovereigns
Napoleons

German X thalers
Prussian X thalers
German Kronen
X guilders

Spanish doubloons

are

$170,253,000 $1,185,700 $1,335,641
194,523,000 1,310,943 1,483 689

the quotations in gold for foreign and Ameri¬

$i 85
3 J-3
7 85
8 00
6 59

@ $4
3
<$ 8
r<& 8
@ 6
<.£

90
8S
00

Finegold bars
Dimes and half dimes..
Five lrancs
Francs

15
70

3 90

4 *20

16 00

(£ 16 50
(.<> 15 70
& — 96

English silver

Patriot doubloons
15 50
American silver (new).. — 44
Fine silver bars.
1 28^4©

1 *29

Prussian thalers...

Specie thalers
[ Mexican dollars
1

Spanish dollars

-

94

—

93

-

@
<$

1H%@
4 SO @
-

—70

1 04
— 99
—

93

@
@
&
@

—

96
95

—

19%

—

4 85
72
1 06
1 01
1 CO

—

.....

ruling up to
the. point where gold can be shipped at a profit. There is a
prejudice in some of the foreign markets now against American
railroad

bonds, and if this leads to the return of some of those
now held abroad, or even
prevents the usual export movement,
its influence may have some effect upon our
exchange market
during the coming months. Quotations are now as follows ;




96%@ 97

41%@
96% @
72%@

N.Yationl

Sub-Treasury.-

Custom
House

Gold.

“

18

331,000

19
20
21

427,000
832,000
466,000

450.303 51

22

282,000

Total

Gold.

Currency.
$506,324 81
185,659 99

482,096 67

“

“

Payments.
Currency.
$381,734 53 $257,250 34

-Receipt! .■

May 16

“

97

72%

follows:

Receipts.
$108,000

“

41%

Bouse and Sub-

The transactions for the week at the Custom
as

..

5 11%@5 11%
41%@ 41%

41%
96%
72%

41%@
96 @
72 @

@.

...

5.10 @5.11%
5 1!%@5 11%

96 @ 96%

Hamburg.
Frankfort
Bremen
Prussian thalers

$123,361 20

295,369 96
184,433 17
1,136,057 20
341,917 05

509,737 37
724,751 67
192,344 74

236,100 00
508,081 69
326,432 44

341,746 58
215,670 64

267,794 24

2,001,410 02

2,513,037 33

294,429 54
284.920 41

$1,846,000
$53 484,192 10 $41,373,759 43
$51,274,615 68 $44,343,833 62

Balance. May 15
Balance. May 22....

New York. City Banks.—The following statement shows
the condition of the Associated Banks of New York City for tho
week ending at the commencement of business on May 16, 1874:
-AVJBBAGK

AMOUNT OF-

Net
Circula¬
Legal
tion.
Tenders. Deposits.
Specle.
Capital.
*871,708
New York
$3,000,000 $10,511,800 $2,678,300 $1,379,500 $9,926,300
*2,178,100
4.558.100
9,700
5:8,030
Manhattan Co
5,177,900
2,050,000
2.963.800
9.198.700
871.300
Merchants’
8.839.400 2,060,200
3,000,000
961.700
4.195.500
501.900
331,300
Mechanics’
6.169.300
2,000,000
588.(00
3.671.900
698.800
435.300
Union
5,099,4(0
1,500,000
2,353,300
7.987.300
America
1,200
8.871.600 1,669,300
3,000,000
454,000
3,8)8,700
1,023,900
509.900
Phoenix
4.460.600
1,S00,000
776,000
4.781.900
6.189.200
2,301,800
1,000,000
City
157.400
Tradesmen’s
485.700
1.883.100
160,200
8.322.100
1,000.000
228,600
(85,100
1.534.400
Fulton
1,921,800
600,000
445.200
6.749.800
1,731,600
Chemical
300,000
7.926.200
15’. ,200
3.158.900
443.700
111, 390
Merchants’ Exch’ge.
3,689,’'00
1,235,000
480.HX)
587.100
2,091 .coo
3.884.500
714.400
1,500,000
Gallatin, National..
420.900
5*1,100
1.350.100
252,000
Butchers’* Drovers’
2.625.600
800,000
Loans and
Discounts.

Banks.

M.echanlcs&TraderB

500,000
2,000,IKK)
5,000,000
10,000,000
1,000,000
1,000.000
422,700
2,000,000
450,IKK)
412,500
1.000,000

.

Broadway
Republic

Chatham

People’s

North America
Hanover

19,472,800
5,583,7U0
3.105.500
2,042,800
4.999.500

2.349.700
1.538.300
2.331.100
4.428.100

1.000,000
510,000

Irving
Metropolitan

2,547, W0
13,7?;,000
1.333.300

4,010,000
4U0,(XU
1,000,000
1,000,000
1,000,000
1,000,000
1,100,000
2,(’00,000
300,000

Citizens
Nassau....,
Market
St. Nicholas
Shoe and Leather..
Corn Exchange

Continental
Oriental
Marine

2,009,200
1.068,200
8,261,800
1.2.6.100
4.977.700
11,766.000

600,000
200,000
600.0) )0

Greenwich
Leather Manuf
Seventh Ward
State of N. York..
American Exch’ge.
Commerce

400,000

—

Park
Mccli. Bank’gAsso.
Grocers’
North River
East River
Manufact’rs’* Mer.
Fourth National....
Central National...
Second National....
Ninth National
First National
Third National
....

Exch..
Tenth National

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

13,560"
1,607.000

28,100
65.100
191.800
103.800
40.500

2,574,: 00

4,097,800
2.915,SOU

59.200

3,1*20,3*0
1,475,000

311.900
6,200
166,100
435,100

2.401.100

‘

14,095.700
15.765.700
1.175.600

1,921,900
50.100
4,000
17,600
22,W0
1,0)0

861,700

1,11*2,300
934.000

985,200
20,253,100
6,427,000
1,7, 7,000
7.368.400
5,787,930
6,616,9(10
1,346,000
1.764.300
1,192,000
1,264,000
4,437,000
2,23*2,000

l.OOO.CCO

1,348,)'00
37,000
365,000
1,126,500
937,100
23,300
84,400

5,200
600,600
15,900

returns

Loans

irec.
Inc.

Net

Dec. $1,916,100

Specie
Legal Tenders....

following

543.700
880.200

8,135,600
885.700
416,4(0

1.941.900
3,1; 2,200

590,200
214.400
460.100
94,400
381,(KM)
1.291.900
589,000
1,188,000

851.900

2.373.100
1.196.900

129,500
5,500

2,001,300
4,4:5,400

2,447,000
9,131,000
1.282.400

884 .^00

428,2(0
£59,000
423.400
793.800
314,000
281,000
196.100
473.300
4.776.800
3.520.900
273.800

l.'5,700
2,700
255,6)0
111.700

2 876,1(0

283,30*1
165,4(10
1,! 56,000
1S0.6UU

2,(72,200

3.900

153,500

1.990.900
1,305,4U0
2,841.34)0
1,571, SCO
1.936.700
1.100.900
2,267,000
17,922,000
17,; 56,600
1,(68,000
700,900
904,200

269.800
164.900

672.100
714.100

4,393,200

17,181,800

2,829*41*6

1,947,000
454,000
1.427.900

5,:- 53.000
1,568,(M0
7,005,000
6,1 07,500
6.350.700

522,600

368.700
744.30C
786.100
4.900
519,400
4,100
360.000

480.700
880.000

805.100

193,000

557,OUO
930,000

225.000

1.612.300
4,681,600
1.759.400

882.400

1,314,400
209.100
222.400
290,060
314,4(0

1,4(19,0(0
260,000
594.100
313,600
790.100
267,2 0
879.100

178,0(0

877.100

1.354.100
262.800

are

282.555.700
286,787,200

May 2
May 9

286,503.600

May 16...

284.587.300

27,301,600

•286.177,500

April 4... 291.113.700
April 11.. 293.666.300
April 18.. 293.464.700
April-25.. 238.423,500
286.574.300

Legal
lenders.
61,915,000

61,655,100
61,852.600

60,184,400
60.585,100

56,983.100
55,513,800
55,1(3,900
54,139,600
55,>33,000
55,798.000
57,100,300

Boston Banks.—Below we

National Banks, as

previous week
.Inc.
..Jnc.

Deposits.

are

as

$158,300
1,100

the totals for a series of weeks past
Specie.

285,117.100
285,866 2(0

of

Circulation.,

3 900
1,302,300

26,438.300
28.074.100
27,914.300
26,696,000
25.439.300
24,014,600
23,835,400
23.213,600
*23.836,400
24,839,600
27,303,500

..

4*2,400
266,800
1.253.100
1.474,(00
5,1(0,500
970.300
642,000

90, (KM)
552.900
1,063,600
642.100
860.900
107.200
30,900
996.500
185.400
6,(>00
194.500
111.100

1.303.800
910,900,
2.803.300
1,(05,800
3,911,200
7.122.500
9,019,300
3.666.100

$32,370,200 $234,587,500 $27,301,600 $57,110,300 $236,393,000 $26,923,9(0

Total

Feb. 28...
Mch. 7...
Mch. 14
Mch. 21...
Mch. 28...

362.100
117.700

458, COO

3.1*23.900

The deviations from the
follows:

The

16,500

2,113,000

1,500,000
2,000,000
500,000
300,000
400,000
350,000
500,000
5,000,000
2,000,000
300,000
1,500,IGC
500,(03
1,000,000
500,000
1,000,0(0
•250,000
200,000
2,000,000

Importers’* Trad’rs

returned to

Circu¬
lation.

Deposits.

26,715,100
26,907.300
2«.72'',900
26,717,300

239,861,300
244,199,300
243,233,500
240,991,100
239,730,900
237,491,100
23S,691,700
238,338.900
234,486,7(0
234,101.500
236,236,700

Aggregate
Clearings.
S3 ',261,105
475,940.199

421,249,894
410,207,171

444,832,106

527,357,314
491.427,113
478.458.934

26,923,900

430,272,446

.

26.126.400
26,804.600
26.797, SCO
26,840.300
26,901,600
26,389.600
26,922.200

236.395,000

431,332,108
427,751,638
5(0.291.S9U

give a statement of the Boston
on Monday,

tiie Clearing House

May 18.1874:
Loans.

$750,000
1,500,000
1,500,000
1,000.000

Atlas
Blacks tone....
Boston

$1,519,100
2.855.200
8.917.100
2.102,700

$21,600

$121,800

107,500
23,(CO
3,1(0

380 100

1.666.200
533,900
2,494.8(0
1,946 000
2.511,800
659,200
2,620.000

25,000

600,000
200,000
1,000,000

Boylston
Broadway-.-.
Columbian
Continental

1,000,000
1,000,000

Eliot

200.000

Everett

1,000,000

Faneull Hall
Freeman’s
Globe

14,000
8.60U

42,900

2,100

750,000
..»?»»

121,700
194,000
116,000

Deposits.Clrcul
$43 5 P
$5(9 560
183,41)0
1,006,010
2.093.500
977,5(0

771 0)0
569.2 0

696.500

1,038,6(0

484,000
178.200
792.50U
562.900
794,700
117.300
515.200

509.600
791,300
956,100

240,1 DU

1,639.500

1,000,000

2,827,500

62,000
49,900

813.500

440.000

228,900
145.0U0

405.200
782.400
767.400

1U3.5O0

36',800
1

1,656,200
2,187.8(0

300,000

1,000,000

Hamilton

Howard

Notes
Snecte. L.T. Notes.

Capital.

Banks.

Foreign Exchange.—The principal points of the market
have been much the same as those reported last week.
The de¬
mand for bills has been quite moderate and
chiefly from those
who do not care to ship specie, as prices have been

4.90%@4.91

4.85 @4.66%
5.13%@5.15
5 15 @5 15%

.....5 15 @5 15%
41%@ 41%

Swiss
Amsterdam

Loans.

Current week
1!2% 112
112% 112%
Previous week
112% 111% 112% 112%
Jan. 1, 1874. to date.. .110% 110% 114% 112%

4.87 @4.88

(bankers)
Antwerp

Pacific

quote stock privileges, $109 for 100 shares, 30 days ; $150 to $200, fiO days (on
Members New York Stock Exchange or responsible parties), at the following dis
tance from the market.

—

Paris

Treasury have been

June

106

15

16%

4
3

Jan.
Feb.
106% June

79% Nov.

are as

17.572
90,184
687,026
79,117

Mch.

of

117%
62%
79%
10
Nov. 15 38%
21% Oct. 14 49%
1
Nov.
10%

$99,786
$94,261
19,677
20,139
1,132,000 1,129,463
45.623
39,132
220,000
156,042
255,482
247,025
342,248
405,905
580,921
553,912
150,036
124,045
292,143
352,g98
127,123
127,554
214,030
258,871
134,954
227,276
299,805
338,708
17,477
25,742
9,317
11,786
72,154
61,217
43,232
52,014
93,997
103.3S8

Apr.

Feb.
Feb.

80% Oct.
21% Nov.
43% Nov.

9

1874.

Bur.,C. Rap.& Minn. 1st week of May.

Feb. 4
Apr. 1
Feb. 4
Feb, 15
Jan. 2

91

Nov.

earnings reported.

Atlantic «fc Gt. West. 1st week of May.

60

77%
94% Feb. 6
Mch. 25 43%
Feb. 5 18
46% Jan. 2
25
Nov. 6 57
1
Feb.
Feb. 9
Oct. 15 76% Feb.
25
Mch. 27
7
May 20 76 Nov. 3 100% May 15
Feb. 9 41
Nov. 1 70% Jan.
k
Feb. 9 44% Oct. 15 82
Jan.
6
Feb. 11 56
Sept. 30 86 Jan. 29

earnings reported

Roads.

10
10
12
30
3G

77% Nov. 5 106%
90
Sept. 19 140
69%
35% Nov.
97%
57% Nov.
75%
32% Oct.
85
31% Oct.
53

-May 22.days.
3 days.
4.88 @4 88%
4.91 @4.91%

follows:

■Whole year 1873
Lowest.
Highest.

1874, to date.—>

Lowest.

do

[Miy 23,1874.

THE CHRONICLE.

522

S4S.700

75.OC0

57,000
201,10U
111,400
296,?00
73,300

120,00C

442.200

348,000
351.900

800,000
800,000
400,000

Market

Massachusetts
Maverick
Merchants.
Mount Vernon

3,000,000

900,000
1,000,000
1,000,000

Shawmut
Shoe

2.412.500
3,258.100
1,998.500

1,000.000

North
Old Boston

A Leather

2.313.700
8.009.4)0

State

Tremont
Washington

-1,364.600

2.000,000

Traders

3,397.400

First

Second (Granite)...

1,896,000

750,000
1,000,000

1,600.000

City
Eagle
Exchange.....'....,..
Hide A Leather
Revere

5.100.200
1.896.500
6.397.400
2.919.000
1,821.600
1,94 ’,800
4,971.900
3,291.51)0
4.340.900
924.800
2.520.500
2.557.300
3.260.31*0
952,000
941.500

•2,000,000
200,000
1,000,000
1,500,000

Security...
Union
Webster
Commonwealth
Central
Manufacturers

77.100
500
5*900

1,205,000

2,000,000
1,000,000
1,000,000
1,500,000
1,000,000
1,000,000
1,000,000
1,500,000

500,000
500,000
500.000

3S7.500

21.100
25 i. 500

4.067,600
4.733.100

300,000

Third
Bank of Commerce
Bank of N. America
B’k of Redemption.
Bank of Republic...

1,351,500
1,224,300
917,700
910,800
542,400
1,214,400
1,-88,600
1.180.600
2.841,200

'

102,300
509,900
141.300
349.0:)0
268.400
96.100

S60.600
313,600
551,100
206,200

140,3(0
«...

2)5,200

44.410
36 300

319.000
108.900

123,000
....

42.600

3'\000

specie

Decrease.
Increase.

Logal Tenders

Fob. 2
Eeb 16.......
Feb. 24
March 2
March 9
March 16...
March 23....
March 30....

April 6 ....
April 13....
April 2'J
April 27
May 4
May 11
May IS.......

11,039,800
11.244.400

4.241.500
3.968, S00

10,909.700

3,647,100
3.481.600
8,509.900
3,339,400
3.162.800
2.775.500
3,1 "3,600

10,654,600
10.904,000
10,^85,100
10.670.400
10.760.400
11.131.200
10,564,100
9,811,10)
9,755,200
10.417.500
10.515.200

2.871.600

8,016,900
2.844.300
2,826,3'K)
2,929,200
2.901.600

125.615.900
125,627,500
125.919.600

53,421,10)

10,Sj9,600

58.233.600

1,000,000
2.000,000
810,000
800,000
500,000
250,000
250,000
500,000

Southwark
Penn...
Western.......

20,3.10
6,000
40,000

559,000
585,000
224, (K0
306,425
559,320
874,000

8,000

1.666

1,154,815
2,034.078
2.332,500

1,000,000

676,000
473.000

63,389

250,000

758.631

’97

1,000,000

3,668.000
1,495,000
1,177,290
1.414,814
813,434
2,213,000
1,574.000
3,989.000

13,000
6,000

934,000
370,000
<25,095

1,065

864 847

200,000

Tradesmen’s....

300,000

.

400,000
800,000
500,000
500,000

City

Commonwealth....
Corn Exchange....

1,000,000

First.

150,000

Sixth....
Seventh.

250,000
275,000

Eighth..

.

,

775.000

135,(00
219,350
237,8(0

,

590.000

4,500.000
2.011,000
613,000

86,(00

1,464.000
459,000
128,000

367,000

$328,251

750i000
i,ooo;ooo
250^000

Republic..

....

$16,806,6(6

Inc.

$48,650,469 $11,481,142

.Dec.

pecle

44.212
109,025

Inc..

Legal Tender Notes.

following

Date.
Jan. 5
Jan. 12... .=....
Jan. 19...
Jan. 25
Feb.2
Feb. 9.
Feb. 16
.

Feb. 23
March
Marcli
March
March
March

2
9
16
23
30

April 6
April 13.
April 20
April 27
May 4.,
May 11
May 18

are

weeks past Circulation

16,958,299

Deposits
43,378,201
47,596.338
47,860,947
47,761,664

11,451.787
11,469,73*
11,457.710

17.530,254
17,493,039

48,61.8,0(12

11.450.353

47.834,7(6

Specie.
!, 171.796

Legal Tender.
15,353,571

57,116,587

1.399,219

15.820,746

57 659.733

1.141, "02

16,291,226

57,7*2,523

1,129,756
1.002,109

57,303.854
57.170.073

'

1,169,097
9SJ.014
791.895

57,633,773
58,«’37.506
53.003,311
57.021,443
58,533,317
53,870,982
5), 136,604
59,374,915
60,298,626
60,229,606
60.003,777
53,191,689
59,193 258
59.946.082
53,993,978

:

do

17,427,928

47,012 724
47.131,169
47.411,795
47,515,835
47,761.121
47,841.126
47.411.284
4-1,101,337
48.667,178
47,728,340
48.257,660

17,114.138
16,576,610
17,224.130
17,139.98.3

743,40.3
664,530
617,500
551,936
526,618

11,148,128
11,169,465

47,835.350

17.112,121

17,772,230

736.417
774.170

11,481.552

15,528,478
15,899,219

54.7,203

16,164,714

338,783
377.919
37 2.463

15.955,097
16,131.746
16,697.581

3.8,251

16,806,606

11.425,896

11,419,502
11,456.893
11,475,342
11,480,138
11,198,281
11,522.12S
11,4->9,846
11,509,989
11,522,107
11,501 ,l"30

11,514.947
11.451,142

48.10 ',971

48,650.469

WASHINGTON, D. C.-PRICES.
Bid.

Bid. A sk

Ask

Ches A () Can stk (1817) 6s do
Board of Public Works—

Wash. Co. S. bonds, Ts, 1574

7
do
1891
Market Stock bonds. 7s. 1592..
AVater Stock bonds 7s, 1901....
(lo
ti«*
1903
Water Stock 6s, 1"’63
1874
do
5 year Cerg., 7 3-10, 1875
Ten year Bonds, 6s, 1S78
Fund. Loan (Cong ) 6, g, 1892..
do
(Lev), 68. g, 1902..
Cere, of Stock (1828) 5s, at pleas
do




(184.3) 6s

do

....

95
70
70

-

„

„

»**

do

72

....

...

....

so*

85

'

do
Jo
do

|

1
...

,,

.
-

(l°

Certificates,

Setvey, 8s, 1374..

90

Jo

76*

77

ho

.

1875....

Jo

.

....

_r
....

,

....

1376....
1877....
1878....

Jo

Series.

Jo

....

,

1‘375
1876
2377
1873

Scries.

„

87

.

7*
14

16

60*
46*
52*

Little Schuylkill
Mlnehill

60*

54

Nesquehoning Valley

87*
o2*
44
6
19

Philadelphia & Reading
Phila., Wilming. & Baltimore.
United N. J. Companies

20

52

52*
48

43*

43*

49

125

do pref
Pennsylvania

do

Schuylkill Navigation

•

RAILROAD BONDS.

,

Water

i,

Certificates. 8s, 1877...

76
72
71
71
72
73 \

79
76
75
71
72

75*

66'

67 \

60
59
57

62*
62*

1896..

m,6,r77

2d M.,’85
3d M.,’87

do
do

Camden & Amboy, 6s, ’75
do
do
6 s,’83
1
do
do
6s,’89
do
do mort. 6s, ’89...

consol., 6s,’91...
& Atlan. 1st m, 7s, g, 1908

do

Cam.

90*

90

do

new

do

Little

do
do

97* 100

do reg
do
7s, 1910

'

con. m.

g,

North Penn. 1st in, 6s, ’85....
do
2dm. 7s,’96
do
10s, chat, m.,’77

gen. mort. 78, 1903 4U"
Oil Creek & Al. R., eon. 7s, ’88.
70
Oil Creeklst m.7s,’82..........
101*
Penn & N. Y. Canal 7s. 96-1906

102

99

60
Jo

gen. m.

1910....

90*

a

92*

90
93

85
95

87
98

89*
b7

39*
87*

%"

9§r

80
96

90
98

167* 170
5
42

to
42 Y

42

42*

75

SO
94

(02

M.,7,1905.

M., 6, 1905.

Michigan stock
8 p. c. st

104
99
90

100
102

92
94

87

95*
94
1(0
89

94
75

35
79
96
98
91
36
89
96
60

75
86

70
67

89

91

37

65
98
41

67*

....
k guar 103*
99

99

lstM.(Leb.br.ex)7.'8p-’85

64

100

Louisv., Cin.

102

87
90

do

A

Lex.,pref

do

common.

Louisville A Nashvllle
n
st. iiOiJis.
st Louis 6s, Long Bonds
Water 6s gold
io
do

do

do

(new)

North Missouri. 1st M. 7s... .
At.A Pacific guar, land grants
2d M. .....
do

45
75

103

_

do
Louisv. Loan, 6.’81.
L. & Nash. 1st M. (m.s.)7.T7
do Lott. Loan (m.s.)6, 86-87
do
do
(Leb.Br.)6,’86
do IstM. (Mem. Br)7’70*75.
do
do Lou. L*n(Leb.br.ex)6, 9S
do Consol. 1st M.,7, 1898....
.Jefferson., Mad. A Ind...

99* 99*
100*
106
105

do

79*

86

LOUiB.AFr’k.,lstM.,6, 70-*78..

100

103
104*
101
100
92* 94

6s, 1900 89*

89*

89*
79*

Wharf 6s
81
special tax 6s of'89.
88*
Jeff., Mad. & I,lstM.(IAM)7, ’8) 74*
do
do 2d M.,7,.
86
do
do 1st M..7,1906.... 75
Louisv. C. A Lex., 1st M.,7, W.. 87

96

85

104
103
89* 90
101% 102

1(2

Miami stock

do
do
do
do
do

89

l()i"

1898

101

100
42
104
100

Louisville 6s, ’82 to

I<ji*
83

78, 1900.,

Little Schuylkill.1stM.,7,1877.
Northern Central 2d m, 6s, ’85.
do
do 3d-m,6s, 1900 ..
do

74

LOUISVILLE.
81* 82*
’87
30
80*
6s, ’97 to ’98
84
62
Water 6s,’87 to’89..
81* 32
Water Stock 6s, ’97. 81
32

985(
91

87

Connecting 6g 1900-1904
101
East Penn. 1st mort.7s, ’88.....
El. & W’mspoi t, 1st m, 7s. ’80.
do
Jo
5s....
Harrisburg 1st mort. 6s, ’83....
102
H. & B. T. 1st mort. 7s, ’90
96
do
2d mort. 7s, ’75—
do
Sd m. cons. 7s,’95.
Ithaca* Athens g. 7s,’90
89
Junction 1st mort. 6s, oa—..
do
2d
1900
do

Lehigh Valley, 6s,

86* *

100
100

To’do dep. bds, 7, ’81-’94.

Dayton &

92*

2dm, 7s,’80..
lC0
Catawissa, 1st M. conv., ’82—
do
chat. m. do
’88..,.
do

58

TJ*

65
92
82
82
98

1(0

Ind., Cin. A Laf., 1st M.,7
do
(I.AC.) 1st Ml. 7,1888
Little Miami, 1st M., 6,1883 ....
Cin, Ham. A Dayton stock
Columbus A Xenia stock

pref

do
do

90
77
75

90

Dayton A West., 1st
do
do
1st

11*

pref

Belvidere Delaware,1st

....

Cincinnati Southern RR. 7s... 96
85
Ham. Co., Ohio 6 p. c. long bds.
do
7 p.c.,1 to5yrs. 97
do
do
do
lg bds, 7 & 7.80s 100
88
Cin. & Coy .Bridge stock, nref
do
bonds, snort 93
do
bonds.long. 64
95
Cin.. Ham. A D., lBt M., <, 80...
do
do
2d M.,7,’85... 92
do
3d M., 8,77... 98
do
33
Cin.. Ham.A Ind.7s guar
82
Cin. & Indiana, 1st M., 7
77
do
do 2d M.,7,1877..
94
Colum., A Xenia, 1st M.,7, ’90. 95
Dayton & Mich., 1st M., 7 81.. 89
do
do
2d M.,7,’84.. 84
do
do
3d My 7,’88..

34
45

46

Navigation

Alleghany Valley 7 3-l0s,

101

100* 1(2*

7-30s

do

89*

51

Chesapeake & Delaware
Delaware Division

Union
do

•

10'"* 102

Cincinnati 5s
do
6s
do
7s

47
53
55

56* 56%
55* 56
123
122

West Chester
do
pref
West Jersey
CANAL STOCKS.

do

••

98

69

CINCINNATI.

6*
River. 47* 47%

Philadelphia & Erie

do

Ccrs., Gen. Imp. 8s, 1874

9

74*

75

37*

Pennsylvania

do

Chicago Relief bends, 7s, 1677.
Perm Imp., 6s, g, 1891

40
15

...

Harrisb’g, Lancaster & C
Huntington* Broad Top. ..
do
do pref.
Lehign Valley

Lehigh
Morris

93
95

Norfolk Water 8s
North. Cent. 2d M., 8. F., 6, ’85.
do 3d M., 8. F.. 6,1900
do
do
do 3d M. (Y. A C) 6,’77
do
do Cons, (gold) 6,1900
Pitts. A Connell8v.,lBt M.,7, ’98
do
do
IstM., 6,1889
West Md, IstM., endorsed, 6. ’90
do
1st M., unend.. 6, 90..
do
2d M., endorsed, 6,’90.
Baltimore A Ohio stock
Parkersburg Branch
Central Ohio
do
preferred

40*

Penns/ivanla

gold, ’97 97*

do
68,1900
do
1890, Park 6b
Baltimore A Ohio 6b of ’75
do
do
6s of ’80... .
do
do
68 0f\&5....
Central Ohio, 1st M., 6
Marietta A Cin., 1 st M.,7,1891.
do
do
2d M.,7,1896.
do
8d M. 8s
do

76

pref

Norristown
Northern Central
North Pennsylvania
OllCreii & Allegheny

•

93"

*

Elmira* Williamsport
Elmira* Williamsport pref..
East

....

BALTIMORE,
ICS
Maryland 6s, Jan., A., J. & O.. 99
106* 110
do
6s, Defence
10c* 101
Baltimore 6s of’75
100* 101
1884
do

101
102
101
101* 103
112
no*

Catawlssa
do

’77.
conv., ’82
conv., g,’94.

.

94"

87*

....

30
43 K

5s, coup...

Atlantic
do
pref....

Camden &

....

Pennsylvania 6s, 1910
Schuylkill Nay. 1st m.6s, ’97.. 66*
2d m., 6s, 1907 76 *
do
74
do
m. 6s, c.,’95..
129
do
6b, imp.,’80... 82
46
do 6s, boat * car,1913
86
do 7s, boat & car,1915
no
121* Susquehanna 6s, ’94
80
do
7s, 1902
3o* Union 1st mort. 6s, ’83
Wyoming Valley 1st m. 6s, *78.
45

Susquehanna

the totals for a series of

'Loans.

follows

...Inc. ^541,498
Dec.
33,805

Deposits
Circulation

$47,896

Loans

800,000
180,(00

973.000

The deviations from the returns of previous week are as

The

258.923

4,322,000

7,900

$16,435,000 $59,993,978

Bank of

210,910
590,000
162,000
270,00(1
319,091
203,740
450,0(0
341,000
789.000

249,000

2,000
„

214.245
548.352

880,000
124,000
156,000

1,660,000

23,((0
2,000

997.782
582,000
595.000
973.00C

300,000

409,000

69*

do
6s
7s
do
New Jersey State 6s, Exempts
Delaware State Cs
RAILROAD STOOK8.

1.113,000
799,259
915,837
547,266
2,438,(00
1.395,000
3,9,3,000
968,036
480,000
318,000

160,761
996,000

10,9i 0
4,000

‘84
109
121

89

93*

Morris, lBtM.,6,1876
do
2dM„ 1876
do
boat, ’85

Pittsburg 58...

1,000,000
617,(00
430,000
429.000
212,000'
219,606
173,120

1,424,376
653,726
3,059,(00

127

2d Mort, 1902

do

do
do
d’o
do

63

103)4

.

80
80
87
40

Lehigh Navigation 6s, '34
do
RR,’97....

74

127"

6b, p.

Chesapeake A Dela. 6s, '82....
Delaware Division 6s, ’73

7s

do

798.000

2,1^2,051

236,758

Bank of Commerce

Alleghany County,

Alleghany City 4s

•»

CANAL BO.NDB.

Pennsylvania 5s, coup
do
6a,’67, 5-10,1st...
do
do
10-15,2d...
do
Jo
15-25. Sd,,,
102* 102*
Philadelphia 6s, cld
104* 101*
6s, new
do

$1,000,000

661.543
850.015

do

102*
9*

68*

’93

b., ’9t
Wilming. & Read.,1st M.,7,19(X

81*

CITY BONDS.

BTATK AND

for the week ending
$3,900,000
3,745,000
6,086,300
1,616,000
1.530,000
2,205,000
1,357.0(0

Western Penn. 6g,
do
do

PHIL.AjDEI-.PHIA.

is the average con¬

$1,(41,000
i .396,000
2,298,400

*

•

•

989 SO4

400,000

Manufacturers’....

$89,000

$5,63i,00C
4.572,000
6,265.300
2.836,000
2,331,000
2,593,000
1,514.000

78
1(2

do
preferred
Vermont & Canada
Vermont A Massachusetts
*
Ex dividend.

25,564,700
25.567.f0')
25.525.900
25.491,210
25,448,400
25.413.800
25.160.800
27,490,300
25,524,001)
25.502.600
25,506,9(0
25,431,100
25.189.900

Total net

$ 1,500,000

Bauk N. Liberties.

25.641.900
25.r39.6C0

52.7*2.600

Bants.

Commercial

25,811.4(0
25.791.60U
25.815.600
25.772.900
2 i.693.500

••

•

....

* 148*

Chic., Bur. & Quincy
Cin., Sandusky A Clev. stock.
Concord
Connecticut River
Connecticut & Passumpslc, pf.
Eastern (Mass,)
Eastern (New Hampshire)....
Fitchburg
Manchester A Lawrence
Northern of New Hampshire..
Norwich* Worcester
Ogdens. & L. Champlain
do
do
pref....
Old Colony *
Port., Saco & Portsmouth
Rutland common

Circulation.

51.707.600
54,156.200
52,858.000

Monday, May 18, 1874 :

,

120,000

•

65"
Pints., On. A St. Louis 7s
Sunbury A Erie 1st m.7B. *77.. l66
Sunbury & Lewiston 7b,’90
75" 78* ’
Warren A F. 1st m. <s, ’96
101* 102
WeBt Chestercons. 7s, ’91
WeBt Jersey 6s, ’83
94
9C*
do
1st m. 6s, ’96
101
102
do
do
7b,’97

*131
106
106 * 106 *

Boston A Albany stock...
Boston A Lowell stock...
Boston & Maine
Boston A Providence
Cheshire preferred

8(0,000
150,i 00

57.121.900

10, "91.600

Philadelphia Banks.—The following
dition of the Philadelphia National Banks

North America
Farmers and Mech.

431,500

49.184.100
49.342.900
50.618.600
53.779.500
53.723.300
52,800,700
53,137.400
53.274.500
52,873,1100
53,031.500

10.691.500

4.213.300
4.500.500

124.924.900
125,019.400
125,2 76,300
126.899.100
126.921.600
126.191.900
127,005,900
n:.640.7oo
127.425.000
126,639,990
127,897,70)
127.100.600
126,"67.900
125.475.5C0

Jan. 26

175 500
539.400

a

are

Jan. 19

791.HO
743,2! 0

•

....

22
22*
Ogdensburg & Lake Ch. 8s
Old Col. & Newport Bds, 7, ’77.
70
Rutland, new 7s
Stansted & Chambly 7s
Verm’t Cen., 1st M.,cons.,7, ’86 22*
2d Mort., 7,1891....
do
Vermont A Can., new, 8
Vermont A Mass., 1st M. 6,’83.

Increase.. $541,000
Increase,
8,800

following
the totals for series of weeks past
LegalTender. Deposits.
Loans.
Specie
Date.
46.314.300
10,679,400
2.466.500
122.313,000
Dec. 29—,.
49,033,600
10,466,300
3.513.800
Jan. 5
124.237.100
4.8.247.100
10,283,800
4.401.600
124,832.400
Jan. 12
The

94*

follows :

Deposits
Circulation

27,600
116,000

V2
94

791, 00

7s, *9?
deb. bonds, ’98

..

Cheshire,6s
Eastern Mass., 7s
Hartford A Erie, 1st M (new)7.

May 18, is $23,177,3U0.

The deviations from last week’s returns are as
Increase. $322,100

99*

$53,283,600 $25,439,900

Total
fia.350.0U0 1125,919.600 $2,901,600 f',0.309.600
The total amount “due to other Bants.” as per statement of

loans

98*

99

do

so"
do
do
g.m.7s,c. 1911 103* 101
104
101*
do
reg...
do
do
6s,g., 1911.. 102
Phil.&Read. C.&I.Co.deb.7s’92
Phil.. Wilui. A Bal.,6s, ’84

160*

7s

"is*

....

84" 85"

.

99*

333,100

898,300
935,500
2,462.800
621.400
529.900

165,800

99
99

1910

Philadelphia A Reading 6s, ’80
do

Portland 6s
Burlington A Mo. L. G.

701.200

745.100

99*

5s, Gold
Currency
gold
Chicago Sewerage 7s....
do
Municipal 7s

704.404,
172 100
716,800
571.800
733,100
793,300
412,400

2.549,700

99
101

do
Boston 6s,
do
58,

172,300
705,200
585,"700

921,400

...

6s

gen.m., reg.,

Perkiomen 1st in. t-s, ’97
Phila. A Erie 1st m. 6s, ’81
do
2d m. 7s. ’88

Massachusetts 6s, Gold

720,200

588,900
777,500
2.(00.000

365.200
73,000
144.400

26.200

301,500
30,200
89.000
36,500

Maine 6s
New Hampshire,

498,700
990,200

575.300
1,0.3,40(1
817 200

133.800
155.200
297.400

18,600

Penneylva.,
BOSTON.

54*800

Bid. Ask

8XCURITIX8.

737,900

1.437.600

240,700

Bid. Ask

SECURITIES.

766,100
338,800

1,211,800
987,700

291.300

9,400
74.700
55,200
30,500
6,400

3.340.600

1.500,000
600,000

Suffolk

238,900
1,511,(04
174,500

1,589,300

39,700

3.8.3,10C

414,0(10

325,100
SI 9,500

BALTIMORE, &e.

(IMITATIONS IN BOSTON, PHILADELPHIA,

830,70®

478,100
942,600
580,100
5,101,900

34.600

113.7(0
76,5(0
61,900
29,500
339,900
1,0.5.700
49,300
30,000 /
64.300
173,300
103,700
211,000
295,000
184,500
21.900
106,800

594.300

200,000
1,000,000

England

New

48,UXT

1,524,100
1,872,1(0
1,245.100
8.723,000

523

CHRONICLE.

THE

May 23,1374.]

“

99*

...J

Pacific (of Mo,) 1st M. gld.»..
Jo
do
2d M. bds. ...
Kansas Pacific stock
•
do
lstM.gld6s.J. & p..

do

do

Pacific RR. of Mo.
* And interest.

do F.&A
stock '

86
97
62
82
96
91
80
90

82

39*
75
37
76
87
87
98
88
88

97
92
81

90*

is*" 20~
10
42

•89*
ICO

•97*
81*
20

78*
70

2*
35

15
46

90

101*
.....

86*
HI*
26

79*
72

8*
55
66
36

524

THE

Soeminent Bonds

ana

cent

U. S. Bonds.

BKOUBITIBB.

Bid. Ask.

8KOUBITIB8.

Mariposa Land AM. Co

(Others quoted previously.)

do

V2?s, registered. 1862..

U5%

5-20 culled Bonds, IS62
5*208, registered, 1864
link 117
5-2)8, registered, 1865
116%
5-20s. registeied, new issue, ’65
5-20s, registered, 1867
U9% 120

5-20s. registered. 1863
registered, 1331
Mine lioudM.
Alabama 5s, 1883
do
8s. :-«6
do
6s, 1888

53.

[May 23, 1874

QUOTATIONS OF STOCKS AND BONDS IN NEW FORK.
active Railroad Stocks are
quoted on a •previous page ana not repeated, here. Prices represent the
value, whatever the par may he. “ N. T. Local Securities’’ are quotd ine a
separate list.
Bid. Ask

SKOUBITIKB.

CHRONICLE.

115%

do

do
do

do
do

2d
3d

,

Toi., Peoria & War. 2d M

pref..

Maryland Coal
Pennsylvania Coal
Spring Mountain Coal
Kailroad Bonds.
Albany & SuBqh’a, 1st bonds
do
d1"

Bid.

do
Tol. A

15%

.

.

..

Bost., Hartf. & Eric, 1st M.
do
do
Guaranteed
Bur., C. Papids A Minn.1st 7s,g

do
do

74

1st M. St L div.
2d Mort

do
do

69*

Equip. Bds

95%
78

82%

—

tons.Convert

102% 103%. Hannibal A
Naples. 1st M
100
[ Great Western, 1st Ji., 1883...
do
2d M. 1893...
22%
Uiiiinev A Tol.. 1st

& Miss. 1st M.
I Han. & Cent. Missouri 1st M..
|Pekin,Lincoln* DecaturlstM
ICin.,Lafayette & Chic. 1st M
: Del. & Hudson Canal 1st M.’91
j
do
do
1884

67*

90

79

M., 1890....

’Lafayette, Bl’u

80*
70

! III. A So. lows. Tat Mort

62%

Chic. & Alton binking Fund.,
do
do
1st Mortgage...

72%

Bid

bBOURITJ B£-

Peoria A Rock I. 7’a. gold
Port Huron A L M.7s, gld, end.
do
do
7s, gold
Pullman Palace Car Co. stock
do bonds, 68,1st series
Rockf’d.R I.A St. L.l8t7s,glo
Rome A Watertown is

Ask

95

Rome, W. A Ogdensburg 7s...

59
70

Consol. 7s

Wab’h, 1st Mort. ext’d

Afcl

per

97%

Iiondout A Oswego 78,gold...
Sioux Citv A Pacific 6s
South Pacific: 6’s,gold
Steubenville A Indiana6s...
“
“
2 a 7b
Southern Minn, construe. Ss.
do
do 7s
St. Jo. A C. Bl. st M.,10s

;75
35

106*
22

75
82
60
do
do
Income
72%
96%
Joliet A Chicago, 1st Mort
104
Louisiana A Mo., 1st M. guar.
<lo
dr>
8 p. c:
25
St. Louis, Jack. & Chic. 1st M. 93*
St. Jo. A Den. C.se,goid,W D. 19
22
!
14
do
do 1887
do
"
do 8s, gcild, E. D 30
CheBapeake & O. 6b, 1st m
50
40
51%
14
do
do
j Long Inland Hit 1st M.
ex coup
50
Sandusky, Man6. A Newark 7s 80
do
17
7s, L.R.,P. B.AN.O It
'Nashville & Decatur 1st M. 7s
Chic., Bur. & Q. 8 p. c. Jet M.. 11U
St.Louis. Vandalia A T H.lst 95
l66“
do
7s, MIbb.O.A Ii. Kiv. 14
South Side, L.I, 1st Mort. bds
Chic. K. Islana * Pacific
do
li5
do
3d guar 8c % c5%
!05%
do
7b Ark.Cent R..
14
C. C. C. & Ind’s 1st M, 7s, S. F. 99% 100
St. L. A So’eastern 1st 7s. gold
j Western Union Tel. 1st M.7s.. 96%
60
Caliloruia7s
:... 113
Central of N. J., 1st M., new.,
St. L.. A St. Joseph, 1st,6s. gld
107
do
7b, large bonds
! Miscellaneous List.
do
do
2d Mort.
Southern Central of N. Y. 7s..
99*
83* *
Connecticut 6s
1C3*
j Arkansas Levee bonds 7s
11
13
do
do eon.conv.... 1'0%
Tebo A Neosho78, gold
75
Georgia 6b
Atchison A P. Pz,6s gold
50
Am. Dock & Improve, bonds. 99%
Union A Logausport7s
85*‘
do
7s, new bonds
Atlantic & Pacific L G. 6b gld
30* 40
Mil. A St. Paui lBt M. 8s P.D.
1 'tab Centra] 6s.
gold
do
! Atchison, Top. A S. Fe 7b gld.
7b, endorse 1
65
do
do
do7 3-lt)do 91%
Union Pac.. t-o. branch,bs, gld 40
50*'
do
80
7s, Gold bonds
ji Atchison & Nebraska 8 p. c.... 40* 45
do
do
Walklll Valley lBt7s,gold ....
7s gold R. D.
08
80
Indiana 5b..
101
Bur. A Mo. River. Btock..
97
99
do
do 1st Mort. LaC.I) 67*
West. Wisconsin 7s, gold
35
88%
no
Illinois 6b coupon,’.77
do
do
Land M. 7s.. 98
100
do
do
1st M. I.& M.D.
Wisconsin Valley 8s
cU
90
do
100
do
1879
do
do
2d S., do 7s..
do
do
1st M.I.&D..
do
'.00
War Loan
f'fl
no
.id S-. do 86..
97* 100* Southern Securities.
do
do
lstM.f. &i...
OITJKS.
110
do
Kentucky 6s
do
4th S.,do 88... 97
ICO
do
do
1st M. II. & D.
Atlanta, Ga., 7s
Lo'iisi ana 6s
no
72
do
5th S., do 8b.. 97
100
do
do
IstM.C. &M.
do
88
do
do new bonds
do
35
do
6tb S.,do 8b.. 97
ICO
do
do
2d M
do
Augusta, Ga.,7s, bonds
do
do new floating debt.
85
do
do Creston Branch 97
99
Ohic. A N. Western S. Fund..
102
Charleston stock 6b
Jo
65
7s, Penitentiary
do
do Chariton Branch 97
99
do
do
Int. Bonds
Charleston, S.C.. 7s, F.L. bds...
do
il
Bur., C. R. A M. (M. div.)g.?s.
60
dO
do
Consol, bds 35
:
Columbians. C., os
0
62
45
Burl. A M. (in Neb.) 1st conv.. 9S% 100
CO
do
Extn. Bds
8s
ColumbUB, Ga., 7s, bonds
do
do
1875..
Cairo & Fulton 1st 7s, gold— 75
75
SO
do
ioi*
do
1st Mort.
8s
do
..of 1910.
74
California & Oregon 6s, gold.. 75
Lynchburg 6s
85
do
do coup gld bds 32%
Macon 7s, doihIs
101
75
Michigan 68,1873-79
California Pac. RR.7’8, gld— 80
do
do regM
I'll
do
do
Memphis old bonds, 6s
46
_6s, 1388
44
do
6s, 2d M., gld 70
Iowa Midland, 1st mort., 8a... 80*'
do
new bonds,6s.
100
do
46
C. nada Southern 1st 7s, gold.. 52
44
~?8, 1878
55
Galena A Chicago Extended
101%
do
MlflRourl 6s
97
55
end., M. A C. Ii.R.... 48
Centra] Pac.7s, gold,conv
90
do
2d Moit...
Moblle5s
94
do
H. Sc St. .Jo. Psue
95
40
80
do
Land G. 6s g
85
Peninsula 1st Mort., conv
ao
8s
10
45
Asylum orUulv rsj 91
37
Central of Iowa. 1st M, 7’s gla.
45
N • w York Bounty Loan, reg.. 109% ii6“ Chic. A Milwaukee 1st Mort...
65
Montgomery's
do
2d M, 7’s, gld
Winona & St. Peters 1st m
80
do
do
80
do
109%
Keokuk & St. Paul, 8s
coup
ICO*' Nashville 6p, old
1
do
2d m..
do
111)
no
68, new
70
6s, Canal Loan 1874.
Carthage & Bur. 8s.
ICO
I.,-Lack A Western. 1st M. 102% ICO
New OrleHii8 5s
110
50
do
6b, do do
1875..
Dixon, Peoria A Han., 8s. | 0*5:
:oo
dc
do
ao
2d M.. It'd
do
con8ol.6s
65
do
O.O. & Fox R. Valley 8a. <0 =
6b, do do
1877.. 110
100
do
do
7s conv. 101% 105%
do
do
52
do
bonds, 7s...
6b, do do
1378.. llu
hO
Quincy A Warsaw,, OB
8s
|I £ “*
k
rris A Essex, 1st Mort
105
do
do
10s
-.
70
do
Ill. Grand Trunk.
6->, f-'old reg. 1887..
do
do
2d Mort
do
55
do
102%
6s, do conp.18-7..
1
45“ Norfolk 6sdov to railroads, 6s
Chic., Pub. A Minn .*, 8s..
do
do
Conv. bonds
66
do
6s, do loan. 1883..
Peoria A Hannibal R. 8’s. I f- Z 97
100
do
do
Construction
70
do
Petersturg 6s
6s, do
do 1891..
86
Chicago A Iowa K. 8’s....
92% Richmond 6s
no
do
7s of 1871
93
94
80
do
105%
96
5s, do
do
1875
American Central 8s
100
J ...
Erie 1st Mortgage Extended
102
Savannah 7s, old
105
83
do
5s, do
1876..
(’hi. A Southwestern RR. 7’s.
do
do
do
Endorsed.
do
83
.North Carolina 6s, old, J. A J. 2j
24
7s, new
i5* 25"
Chesapeake A O. 2d in. gold 7
do 2d
do
20
7s, 1879
65
do
do
A A O
do
Wilmington, N.C.,6aeold
2i
85
Col. A Hock. V. 1st 7b, 3o yrs
91
no 3d
do
7s, 1883
do
do
8s gold....
30
31%
do
do N. C. R. It. JAJ
83
do
90
do
1st 7s. 10 yrs.
do 4tn do.
7s, 1880
do
do
KAILKOADB.
91%
do
A. A O
Jo
do
2d 7s, 20 yrs... 80
do 5th
do
5 s, 1888
Ala. A Chatt., 1st.M,6b, end... 20
30
do
do do coup olf, J. A J 28*
Chicago, C. A Dub. 8
do 7s, cons. mort. gold bds..
Ala. A Tenn. R, let M., 7s....'
62
do
do do do oil', A A 1 >. *8
Chicago, Bur. A Quincy
97%
! 100
do
42
2d M.,7s..
do
101% 'Chic. Danv.A Vinceu s 7s
do
•25*' Long Dock Bonds
Funding Act, 1866.
62
7s,gld
Bull. N. Y. A E. 1st M„ 1877....
Atlantic A Gull consol
63
do
do
do
186k.
21
60
Chic. & Fan. South. 1st m gl 7s
15
do
do
large bonds.. j
do
end. Savau’h 65
d->
>0
4'#».
nev-bonds, J. A J.
60
jCh., D. A V., I. div., J m gld 7s
do
do
10
stock
do
do
do
A.AO.
16“ Ian. A St Jo. Land Grants... 93“
.*...
1
.Cleve., Mt. V. A Del. 7s, gold
do
do convertible
do
do
do
30
do
do
73% ‘Connecticut
6%
guaran
Fpec'l Tax, Class I
9% Illinois Central
l66* *
Valley 7s
7 p. ct., 1875...
Central Georgia, 1st M„ 7s
do
do
do
Class 2
8
i)6* 95
Connecticut Western 1st 7b...
77
Dub & Sioux C., 1st M
95
do
86
do
consol. M. 7s
do
do
do
Class 3
65
7%
60
A Mich. L. Shore
do
do
2di iv
90
do
do
83
stock
Oliio 6b, 1875
811
iDes MolneB Valley 1st 8b
50*
Rcdar Falls A Minn. iHt M
|u2
74
do 6s, 1881
60%
Charlotte, Col. A A.,1st m.,7s. 71)
do
25
do Land Grant 8s
do
& W. 1st M
Indianap., B].
do
35
iUi
stock
do 6a, 1886
90
! Dan., JJrb., Bl. A P. 1st m 7 gld
do
do
2d M
Charleston tv. Savannah 6s, end.
62
Rhode Island 6b.
.02%
Detroit, Hillsdale A In. RK.8’s
Mich. So. 7 peret. 2d Mort
Savannah anu Char., 1st m., 7s.
99%
25
70
S >uth Carolina 6b
i Detroit A Bay Citv 8b
Mich. S. A N 1. S. F. 7 p. c.... 101%
Cheraw and Da; Bngton 7s
3
90
do
Jan. & July
do
9% Cleve. A Tol.
Det., Eel River A 111. 8b.
103
East Tenn. A Georgia 6s
Sinking Fund
72
do
do
17% 20
April A Get
Det.. Lans. A Lake M. 1st m. 8b
Cleve. & Tol., new bondB
East Tenn.A Va. 6b end. Tenn
18
97% loU
72
do
do Funding Act, 186f
j do
do
2d m. 8s
Cleve., P’ville A Ash., old bds HO
16
87
do
do Land C, 1889, J A J
K.Tenn.,VaA Ga., 1st M.,7s.. 80
60
j Dutchess A Columbia 7s....
do
do new bds. 96
6(i
do
do
do
stock
: 0
do Land C, 1369, AAO 16
Denver Pacific 7s, gold
70
99
Detroit, Monroe & Tol bonds"
U)0
d‘
do 7b
of 1886 18
eorgia k. R.. ~i
95
Denver A Rio Grande 7s, gold
70
Buffalo A Erie, new bonds
96
do
stock
92
Tennessee 6b. old
90
82% 82% i
88
Evansville A Crawfordsv. 7s..
'’uffalo & State Line 7s
98
Greenville A Col 7s, gnar
do
do ex coupon
62%
Erie A Pittsburgh 1st 7s
52% 53%
do
do
50
do
do new bonds
32% 83“ Kalamazoo & W. Pigeon, 1st..
78, certii..
do
2d 7s
Lake Shore Div. bonds
36“
Nfac<>n A Brunswick end. 7b... 67“
69
do
d ■
do
ex coupon
62;*, 63
do
85
7s. equip....
do
Cons. coup. 1st.. 9b %
Macon A Western stock
81
do
do
do
new sene?
62%
I
Evansville, Hen A Nasnv.7s..
do
Cons. reg. 1st...
86
Macon and Augusta bonds...
86
90
Texas, 15b, of 1876
84*
Elizabethtown A Padu. 8s con
do
C' ns. coup. 2d., to"
do
do
V rglnia 6s, old
90
endorsed
Evansville, T II A Chic 7s. gld
do
Cons. reg. 2d.... 90
do
do
35'
15
do
do
new bonds
Btock
Flint A’Pere M. 7s, I.andGr.. 90
95
Marietta A Cin., 1st Mort
83
do
do consol, bonds
51
Memphis A Charleston, lst7s.
Fort W., Jackson A Sag. 8s...
8‘J
do
do
Mich.cent., Consol. 7s, 1902... 95% 95% Grand R. A Ind.
69
2d 7s.,
do
do deferred do
7s, gold,guar. >66*
do
1st M. 8s, 1382
< 6
do
107
13
.<>ck
t'iatlroad Stocks.
do
do 7s,
to
New Jersev Southern 1st in 6*
65
Memphis A Little K. ’si M....
86* Grand River Valley plain
(Active previously quoted.)
8s
90
100
do
do
consol. 7
85
Mississippi Central, 1 ;t ni., 7s.
91%
Hons. A Tex. C. 1st 7s g old... 89
Albany A Susquehanna
New York A N. Haven 6s
do
85
72
99% 166“ Indianap. A Vincen. 1st
Central Pacific
2dm., 8s...
•2% N. Y. Central
7s,guar 80
91 Vh
6s, 1883
92
Mississippi A Tenn., lstm.,7s
Chicago & Alton
iowa Falls A Sioux C. 1st 7s...
101
103
92
do
6s 1687...,
do
do console!..3
93% ....! I Indianapolis A St. Louie 7s
do
do
103
pref
88
do
6a real estate
80
85
Montgomery A WestP..1st 8s..
Ohic. Bur & Quincy
j | Jackson, Lansini’ A Sag. 8s... 9S 10'
do
6-< subscription.
do
87
do 1st end.
+
....: 'Jack., N. W.A S. E. 1st m
Cleve.. Col., Cin. & Ind...,
65
gl s7
91)
do
78. 13.6
do
no
60
do Income
Cleve. & Pittsburg, guar
Kansas Pac. ,s, Extension, gld
S3
65
do
Mont.A Eufaula iet 8s,gld end
Ts, conv. 1376
:t0
70
do
Dubuque A. Sioux Citv
7s, Land Gr., gld.
SO
60%
do
10U
78,1365-76
Mobile.* Mont
is gold, end..
80.
Erie prof
do
55
7s;
do new, gld
80
00 A Hud. 1st mort
Mobile A Ohio sterling
82
,coup 105% ICG
llannitml & St. Joseph, pref..
do
6s, gUl, Jun A Dec
62
do
1st mort , reg.. K'5%
do
do
do
ex ctfs.
74
Harlem nrei
do
6s, do Feb A Aug
65
Hud. K. 7s, 2d M. S. F. 1885..... 105%
do
do
76
8s, interest..
Illinois Central
do
7s, 1876, Land Gr.
do
80
7b, 3d Mort.. 1875
do
do
2 mtg,
100% ioj%;
75
Ind., (’in. & Lafayette
do
7s, Leaven. Brch.
Harlem, 1st mort. 7s, coup
do
do
stock..
35
Joliet A Chicago
do
Incomes, No. 11..
i’5* N. Orleans A Jacks. 2d M. 6s.
do
do *
reg
96
168%
Long Island
do
do
No 16..
15
North Missouri 1st mort
do
do
81
90
cert's.8s.
Marietta A Cin., 1st preferred
-h of k
85%;
do
5
Ohio A Mirs., consol, sink. f...
7% N.Orleans A Opelous.lst M.8s
85
do
9‘2
do
2d pref.
Kalamazoo
>nth H. 8b. guar 92% :02
do
NaRhvllle A < 'hattanoopa. 6s...
Consolidated...
8tV' 37 V.' K.U.. A. m80
Michigan Central
75
G R. as,guar
30
do
2d
do
67
.'.oflolkA i. uterenurg 1st m.,6h
93
•’
Morris & Essex
) Kai. A Wlm
geon 7s
75“
95%
Central Pacific gold Bonds.... 33
do
do
88
7s
89%; | Kansas City
Mo., Kansas & Texas....
Cameron 10s... 92
9b*'
do
State Aid bds. IUU
do
do 2d mo., 8s
82
102
New Jersey Southern
jKan. C., St. Jo A C. B.8s of ’65
Western Pacific bonds
90
83
Northeastern.S.C., 1st M.Ss.
N, Y., New Haven A Hartford
do
lo
do 88 of 1898
135
Union Pacific 1st M’geBonds. 94% 85
do
2d M., 8s..
85
Ohio A Mississippi, prelerred.
I,L. Uni. Shore RR. 1st m. gld
44
7s
do
Land Grants, 7s.
15 2,
Orange and Alex., lsts, fis.;
90
Pacific of Missouri
77%[j1 Lake Sup. A Miss. 1st 7’s.gld. 48
36
do
do
Income Us
80
62
2d8, 6s
75% •7 i j Leav.. Ateb. A N. W. 7s,
t'ltts.. Ft W. A Chic., guar...
guar.
do
do
91
Sinking Fund...
3ds, 8s..
do
do
iLeav Law A Gal. 1st M., 108.. 25“
special..
PaeificR.o Mo. let M
do
4ths,8s
75
Rensselaer & Saratoga
*9% Louisiana a Mo. Riv. 1st m.7s '•5
110
f In hniM A Peterb’g 1st
do
■ o
2d M
70
9<i
72 i Logans., ( raw. A S. W.
in., 7s.
Rome A Watertown
8J
8s, gld. 25
Pacific R. 7s ,guart’d by Mo... i(W
uieh.. t re’ksb’g A Poto.6s
80
St. Louis, Alton A T. Huute...
Michigan Air Line, 8s
• 98%
do
Pitta., Kt W. A Chic., 1st M... 105% 196%!
do
do
conv. 7s.
^0
do
do
pref
jMo iticello A P. Jervis7s,gold
do
'
do
Rich, and Danv. 1st cons’d 6s.. 65
2d Mort.
68
Belleville & So. Illinois,
!
48“
pref
j Montclair 1st 7s, gold.
do
do
do
Piedmont 8e.
3d Mort
94*'
St. Louis A Iron Mountain
32% 86
21
Mo., Kan. A Texas 7s.gold.... 47
Cleve. A 11 tts., Consol.S. F’d.
d>
lsts, 8s
96 ;
St. L., Kan. g.A Northern
|Mo. R.. Ft., S.A Gulf ’st. M, ll's
prel 20
do
Jo r 3d Mort........ 99% 100
-elnut, Rome A J'.,1st M., 7s..
Toledo. Peoria & Warsaw
do
2d M., 10s
ji
do
do
do
4th Mort
South A North A la, 1st M., 8=.
92
93
100
Toledo. Who A W >8tPrn. oret.
iN. J. Midland lst7s, gold...;..
5a
Col., Chic & Ind. C., 1st Mort.
Sou.thside.Va., lstmtg. 8s
83
80
do
2d 7s
JTliHcellHiieou* Mock*
25
do
do
do
2d m., euart’d 6s... 60
2d Mort
65
59% 61 ! N. Y. A Osw. Mid. 1st
American District
7s, gold.
St. 1,. & T
Telegraph.
do
3dm.. 6s
62
Atlantic & Pacific
do
1
do
2d 7s. conv.
Telegraph.
do
15%
Southwest. RR., Ga.. 1st mtg...
do
2d M.
97
do
Boston Waterpower...
West. Ext< nsion 7s
15
Alton A T. H., 1st M
do
stock,
92
Canton Co., Baltimore
fN. Haven, Middiet. A W.7s.... 40
50
53
5;
do
do
S.i arolina RR. 'st M ,/s, • • w) 80
M M. oref
S8
«J5
9U
Cent. N J. Land
iNortli. Pac. 1st ni. gold 7 8-10s 24
28
Improv. Co.
do
do
do
do
2d M. income..
6s
60
Delaware & Hudson Canal.
do
Land Wan ants...
25
H6
PAST 1)TTK (’Ol'j>OM8.
116% Bel’.ev ’le A S.IIIb. R. 1st M. 8’.a 93
American Coal
lOmaha A Southwestern RR.8’s 90
Tol.. Peoria A Warsaw. E.D.
Tennessee St ate Goup.>nr
Consolidation Coal of Md
40
43
(Oregon A California 7s, gold..
do
do
Virginia Coupons
W. I).
74
Cumberland Coal and Iron
9i*
Oswego A Rome 7s, guar
ao
do
Cou3oU C ouji
Burl’n Div.
(Peoria, Pekin A 1.1st m, gold 65
Memphis City Coupon..

(J
8s Mont A Kuf’la R
do
8s, Alab. A Chat. R
do
6s
of 1S92
Arkansas 6b, funded.
do
7b, L. R. A Kt. 8. iss.
do
7s, Memphis & L. li¬
.

■

9')%

.

...

..

—

.

..

•

•

.

..

...

c

[«.f
^

.

....

...

.

.

..

66%

....

....

..

jOhic.

...

..

.

.

..

’

..

..

J

|

...

.

.

.

.

.

...

•

•

...

..




.

'

.

....

•

■

•

...

.

....

...

i

■

•

•

.

..

’

....

II

*«!
.

....

...

....

j

i

May 23, 1874.]

THE

525

CHRONICLE.

NEW YORK LOCAL SECURITIES.
Bank
Companies.

Marked thus (*)

are

Insurance Stock List.

1

Capital.

notNational.

Stock List.

(Quotations by E. S. Bailey, broker, 65 Wall street.)

Price.

Dividends.

t

Pal

Amount

Periods.

1S72

1873

Bid.

Last Paid.

Askd

Broad
■ >
cud*
Bull’.Butchers & Drovers
Centra]
Chatham

..

Chemical
Citizens’

City
Commerce...

J

100 3,000.000
100 5.000,000
100
250,(XX)
25 1,000,000
25
300,000
25
800,000
100 2,000,000
25
450,000
100
300,000
400.(XX)
25
100 1,000.000
11XJ 10,000.000
100
750,000
100 2,000,(XX)
100 1,000 000
100
100,000
loo 1,000,(XX)
25
350,000
25
100,000
; so.ooe
100
500 000
100
100 5.000,000
30
600,000
100 •) 000,000
ioo
’200, (XX)
100
•2(H!,000
25
2-1H',000
40
3(H),000

America*...
American Exchange.
Bowery.

.

Commonwealth
Continental
Corn Exchange*
Currenc

Dry Goods*
East River

Eleventh Ward*
Fifth
First
Fourth
Fulton
German American*..
Gorman Exchange.
Germania* A.......
Grec wich*
Grocers
Hanover....
Harlem*

100
100

1

Importers’ & Traders’.

100

100
100
100

Metropolis*
jpolitan

Metr

Murray Hill*
Nassau*
1
National Gallatin
New York
New York County.....
N Y. Nat. Exchange..
N Y. Gold Exchange*
Ninth
Ninth Warn*..
Nort i America*
North River*,

Oriental*....
Pacilic*....

50
100

10)
lot
25
50
25
100
50
5'J
100
1(H)
100
100
50
100
UK)
100
KH)
1(H)
too
100

50
100

Park

Peonies*
Phenix

20
too

.-.

Reput.lie

St. Nicholas
Seventh Ward
Second
Shoe and Leather...

:oo|

l(X>
!(X)
100

8 xtii

(•las

OfXl.OOO

7
14
15

8
10
3

10
8

500,000
100,000
500,00!)
4(H). 000

t.iXiO.OOC

2.000,000

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

500,000
600. (X10

1,000,oou
3.000,000
1,235,000
500,000
4 .(HX),0(K)
220,000
1,000,000
1,500.000
3,iXH).(KH)
200,000
500,i HX)

.

.

10

4U0.IK0
8(X),(HHi
42 >.7l)i'

5

9

PA
7

.

Q-F.
J. & J.
J. & J.
J. & J.
F.& A.
F. & A.
J. & J.
.T. & J
J. & ,T.
J. & J
M.&N.
J. & J.
J. & J.
j & j
!
M.&N. 1
■1. & J
1

2,(XX),(XX)
4t2,500
1,800.000
2,000,(XX)
1.(XX),OCX)
500,000
3(X).(HX1

.

1.000,000

2,(XH),0 0
1,000,000
U'OO.OOO
401 l,(HX),(i()>
50 i .1,500,''()0

12
16
12
10
7
8
9

200.000

.

.

.

.

.

.

.

•

••»..

80
140
123

Brooklyn Gas Light Co

Lafayette (B’klyn)

Lamar..
Lenox

140

i04“

ioi

130
127

do

cert:»

‘25
20

;

cates....

2,000,000
1,200,000

130

300.o;‘0

...

Harlem

501 1,8.',0,000

Jersey City & Hoboken

20

386,000
50; 4,000,000

Manhattan.

110%

•

.

100

...

101

.

150

1/74...6

.

.

.

.

147

.

ioo"

2/74.3%

108%
110

150

People’s.
Iffieiiix (B’klvn)

155

’74...4
May. 9/7).. 4
Jan.2/7i.2%g
Jan. 2/74...4

Metropolitan certi'icates
do

100! 2,800,000

Mutual, N. Y
Nassau. Brooklyn.

100
25

do

...

scrip

New York

Rutgers’
Safeguard
St.Nicholas
Star

Sterling
Stuyvesant

10

1,000,(XX)
300,000
51
401,000
50! 1,000,000

bonds
Westchester Couutv

Williamsburg

...I

se»-in

5s eecker

ot.it fuiionrerry—stuck I
lixij
1st mortgage
l 00!

1.000,000

,

2d

do

do

500
5<K)

5

Mch.16/74

lOO.(XX)
164,i XXI

Central Pk, X. A E. Il> ver—stock 1(H) 1,161,(XXI
8t mortgage
550.000
RXX),
in
l(KX)!
do
600,(KHI
Cmen Island A Brook'n—ist mort (XX) 1
214.000
Dry Dock, E. B. A Battery—stock 100 1,200,000

.

Jau.,

Q-F.
J. & J
J & J.
.

(

.

&

A.& O.

A.& O.
J. & J.

high th

cons’d

900.000

-

.

100

1,000,000

1st mortgage
HHH)
Aid St. A Grand St Ferry—stock.. 100
1st mortgage.
10C0
Grand Street A Newtown—stock.
20
lark Avenues-lock..
50
let mortgage...
1000
■ninth Avenue—stock
100
1st mortgage
1000
Second Avenue—stock
50
1st mortgage
1000
2a mortgage
10 0
3d mortgage
100)'
Cons. Convertible
1000
Sixth Avenue—stock
100
1000
11st mortgage
'third Avenue—stock
100
1st mortgage
1000
„•
100
Williamsburg A Jblatbush—stock.
\ <t mortgage
1000

203,000
750,(XX)

This

Avenue—stock

< oiu Tit,




Uidwk last dividend od

220,000
170,(XX)
254,000
300,000
797,000
167,000
800,000
350,000
200,000
150,000
315,000

750,000
250,000
2,000,000
2,000,000
300,000
125,00

M.&N.
J. & J.

7
7

Q-F.

•1

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

6
7
4
7

10
11
20
24,653 10
112,555 16
1ST,544 10

150,000

S3,:329
238.9S9
9,930
62; 187
57,210
4,52X1
244,672
123,827
93,874
59,418

■150,(XX)
f 00,000

2(H),000
200,000
200,010
150,(XX)
280,000
150,000
200,000

10
•

11

20
10
15

10

io
10

9%
10

io

22,533

.

io

D

10
10
10
10

10
20
10

16

io

15

15

io

is

26

10
10
20

10
11
>0

20
10
5

iij

5
7
4
20

25

20

6
20
16

.0
18

io

190,218 20
46,589 12

200,000
200,000
210,000
200,(XX)
WXK)

250.706

18
16

150JXX)

176,0-3
11,840
327,584
111,467
255,6^4
131,379
184,1)7

150,000

96.107

MX) .(XX)

350,000
200,000
2(X>,000

io
10
16

io

10
10

16
12

12

10
16

16

165,316

20

20
14

12
11
10

15,799

12
20
13
20
li
10
5

20

18
23
11
12

10
12
12

183,209
11,631 12
57,8S8 10

200,(XX)
300,(XX)
200,000
2(H), POO
200,000
! 50,000
200,000
200,000

io

3%

5

47.779

82,898 10
13,417 10

200.000

131,409
62,166
216.767
158,628

200,000
150,000
250,000

10
10
13'.:
6
5

10
10
12

10
10
14

10
14
14
10

10
13
10
14
10

!4
14

14
10

'

75“

97“
IOO

2?0
TO
150
1(H)
80
101
75
IOO

97

98
65

Jan., %4..7
M eh.,*74 311
Jan .’74.10

100

130

1:0

.....

135

Jan., ’74.10 140
Jua., ’74..5 102
.0
Jail.,’74. .5
85
Jau., ’74..5
Jan., ’74. .5 150
Jan., ’74..5 SO
Jan., ’74. .5 100
95
Jan., ’74. .5
Jan., ’74.10 no
Jan.,’74..5
80
Jan., ’74..5
Ja
’74. .7 130

'iofi* *
90
155
90

Id*
...

Jan., ’74.10
Ian., *74.10
Jan., ’74..5
Ian., ’74.10
Feb., ’74.10
*74.

an.,

Jan.,’74. .5
Ap]., ’74..6
Jan., ’74.10
Jan., ’74.10
Feb., ’71.10
Jan., 74..8
Jan., ’74..5
Jau., ’74 5
an.

.’74. 6

5
Feb.,’74. ID
•Ian., ’74. .5
Feb.,’74..5
Jan., ’74. .5
Jan., ’74..5

Feb,,’74..5
Jan., *74..7
Jan., 71..5
Jau., ’74..7
Jan.,’74 .5

•.

"85

.,

•jan.. ’74..5

Jan., ’74

10
7
10

90
90

72%

Jan., ’74.10

9%

3%

83,235 10
66,279 10

....

115
218

.

J

11

1,(XX),000

10

20

12
20
12
20
16

...

85

95
95
80

10

11

150“
•

.,

'•% Jan. ,’74.. .5

14

137;i'86

.

Jan.,’74..10
Jan., ’71. 5
Jan., ’74..5
Jan., ’74. .5
Jan.,’74..5

14

147,745
85,438
77,573
85.087
260,705
74,4*0
18,336
87.540
26,: 01

2(0

145

53j)82 io

150,000
200,000
300,000
2 0,000
250,(XX i
200,000
150,(XX)

.

10

10
10
5
5

io

10
10
15

10
20
5

170
190
125
145
120
60

.

17V; 20

8%

5
12
10

.

....

80
100
2(X>

95
180

‘70

65
150
>80

190*
•05

K0
165
147
60
1(0

'iso'
67
105

112
205

195
no
!90

'iio '

137
100
75

105
S5

85
65

80

60
160

.

•

.

•

95

ICO
65
80
140
110
140
725

90
....

(84
98

iff)

1S72

Jan., 74
iS-8
IS'1
1884
1885

pipes and mains

do
do

reservoir bonds
Central Park bonds. .1853-57.
do
do
.1853-65.
Dock bonds

OO X'

do

Floating debt stock

....1870.
1860.
...

Market stock
..1865-68.
Soldiers’ aid fund... ....1863.
do
do
....1863.
1869
Improvement stock
do
< 0
....1869.

1890

1877
X85
85

.

Jan/74

Consolidated bonds.

161
100

Street

1873

100

J. & J.

7
2
7
7

1S90

..

do

.

..

do
Park bqnds
Water loan bonds..

.

.

.

•

•

Price

Bid.

Payable. *

140

145
100
’1(0

.

•

•

.

.

stocks but date of maturity of bonds.

•

•

•

’

Jersey

f

7
6

May & November.
Feh., May Aug.& Nov.

5
6
5
7
6

7

do
do
do
do

do
do
do
f

6

do

do
do

6g.

do

do

7
7

7

.

6

City:

.1852-67.
1869-71
1866-69.
Sewerage bonds
1868-69.
Bergen bonds
Assessment bonds.. 1870-71.
*
And interest.

6

Water loan
do

7
7
7
7
•

do
do
do
do

•

do
do
do

May & November.
ell.,May, Aug.& Nov.
May & November.

7
6
7 '

7
7

Water loan.

City bonds
Kings Co. bonds..
*110
do

eb.,Mav Aug.& Nov.

5
0
5
6
6

7
6
6

Bridge bonds

Nov/73
1890
Feb. 1/74
1890

M .& S.

var.

Brooklyn-Local Improvcm’t
City bonds

Feb.'71
1877
1876
1885
1888

Q-F.

Imp. stock

do

May .’73

7
2
7
7

Months

6
7

...

May,’74

J. & J.

5

.1811-63.
.1854-57.

.1845-51.
.1852-60.
Croton Aqued’otstock.1865.

170
75

.•

■,

.

•

Ask.

89

80
90
83
95

*

New York:
Water stock
do
Croton waterstoek.
do
do

1884

■

.

and protit scrip.

125

May .'74

'

10

100

1878

7

250.000

i

70

7

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

10

-

•

.

‘■8/218

Jan., ’74. .7

.

Jan., ’74..5
65
Jau., ’74..5
90
Jan., ’74..5
Jan.,’74.. .5 110
210
Ap
’74.15
J n., ‘74 .5 100
• an.,
80
’74..5
Jan., ’74..5
Jan., ’74. .5 10?
70
Jan., '74. .5
io 10 Jan., ’74..5 102
5
Feb. ,’74. .5
80
10
90
4
Jan., ’74. .5
io 10 Jan., ’74. .5 96
12% 12% Jan.,’74.7U 114
28
24
Jan., ’74.25 250
65
8 V,
Jan., ’74..5
.

io

257,’122
80;6so
2<7iS74

Rate.

68

M.&N.

Q.-F.

17
10
5
10
5
11
8% 6%
20
20
10
10
10
10
7
5
5

io

15,645 10

Feb.,’74. io
Jan., ’74.10
Jan. ,’74.8%
Fel). ,'74.10

150

IOO
70

Bondsdue.

July’70

J. & D.
F. & A.
A.&O.

20

,*73.10

Dec

Interest.

!*••.•••

2

*

14% 20
14
10
10
10
20

70’493 io

74^204

400,000
200,000
2,500,(XX)

'74

■

.

65

[Quotations by Geo. K. Sistabe. |

"

2d mortgage,

20
20
7
14
10

18%

140

Jan,. 74

7
7
7
7

.<.

60
80
115

City Securities.
130

1880

5

.

j.

Askd

1.85
150

Jan., ’73.
Jan., *74.

7
3
7
3
7

.

13
20

.

211755

Jan.. ’71..5

...

15
20
18

4

86,872

1

5

20

20
10

10

Jan.,’74..7
Jan,, ’74. .5
Jan., ’74..5

10

20

Over all liabilities. Including re-insurance, capital
126 per cent in scrip and 5 per cent. In cash

■*

J & J
J. & J.
J.& D.

B91.H6
69, lib

200,000
200,000
200,000
204,000
150,000
150,000
200,000
1,010,000
500,000
20' ,000
200,000
200, (XX)

ii

20

11
10
18
20

50,131

225

May 1 ’74.

5
5
7

J. & J.
J. & J.

27^098

Nov.'i,“’73 iio

5
4

M.& S.
F. & A.

26

1ST,'974
300,000

5
14
6
10

♦

t

*

175

Feb., ’74.

11)8.
7

Q-F.

Tradesmen’s
United States

Williamsburg City.

•Ian., ’74.
Mch., '74.

you,oco

644,(XX)
Broadway tf- Seventh Ave—stock. icoi 2,100,(XX)
'
1st mortgage
UKX'j 1,600,000
I
10 2,< XX),000
Brooklyn City—,stock..-.
1st mortgage
: ?(KK>!
3(X>,000
i 100
Broadway (Brooklyn)— stock
200,000
Brooklyn A Hunter’* Pi—stock... i :(hi
40o,000
1st mortgage bunds
UXH)
3'JO,(XX)
Atlantic Av Brooklyn—1st niert. 500
115,000
3rd

5
5
5

I

M.&N.

Bid.

215

Apr. 15/74

Askd

I

1,000.000

i«*o 4,000,lKX)

do

do

750,000

Jan. 15/74

5 (XH 1,000

500,1 00

People’s (Brooklyn)
do

I

..

Republic
148

300,000
200,000

200,000

35
100
100
f-0
25
25
100
20
50
50
50
100
100
25
100
25
50
100
100
25
25
25
50

Resolute
143

250,000

*

17
12
10

10,462
214,850 16
224,865 20
2271.132 33%
193.994 14%
98,640 14
20,349 10

200,000
300,000
150,000

37%

Relief

110

Bid.

rr

1

Montauk (R’klvn).
Nassau (B’klyn)..
National
N. Y. Equitable....
New York Fire
N. Y. & \ onkers..
Niagara
•«
North River
Pacific
Park
Peter Cooper
...

141

2/74...5

5

1

Mercantile
Merchants’

Metropolitan
r

Last
Dividend.

j

100
100
25
50
50
50
SO
50
50

Meclianic8’(Bklvn)

6

|

50
25

Lori 1 lard
Manuf & Builders’.
Manhattan
Mech.&Trad’rs’

......

5

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

'

Long lsland(Bkly.)

City R.jl, Stocks and Bonds.

n......

20
10
50
100
25

Kings Co. (B’klyn)

[Quotations by Charles Otis, 17 Exchange Place.]

Citizens’ Gas Co \dkl.

Importers’* Trad..
Irving
Knickerbocker

......

Tan. 2/74. .5
May 1. ’71.. .5
IJan. 2,’74...4

I
Periods.!

50
50
50
30

Jefferson

120

Jan.,

!

Guardian
Hamilton
Hanover
Hotfman
Home
Howard

‘iio"

9/74.. 4
Feb.9, ’74.. .4
Jan. 2,’74
3
Ian. 2,’7I. 5
Jan. 2,’’74...6

8
12
11
8

100
1(X
50
50
25
100
15
50
50
100
25

Hope

......

May 1, *74.. .8

9
8

Firemen’s
Firemen’s Fund....
Firemen’s Trust...
Gebhard
German-Amer.can
Germania
Globe
Grppnwioh..

..

Jan.
Ian.
Jau.
Feb.

50
17
10
10

Farragut

"96”

May, ’73...5
Jan. 2/74...4
Jail., ’73. .3
Jan. 2 ’74
1
Jan. 2/74.3%
Jan. 2.*74...6

12

!

•

.

July 1/73... 3

8

4

Eagle

104

48’768

*

.

3! 8,257

50

100
40
100
so

Continental.,

Empire City
Exchange

118k

Jan. 2/74...5
Jan. 2, ’74.. .6

,

.

.

May.11 ’74..4
Apr. 10 *74...4

6
lo

8
12
10

Commercial

0

200

Jan. 2/74 ..4
July 1 ’78... 3
Jan.,2,71. .4
Jan., 5/74.. .5
Apr. 1.'*74. .4

S

8

r

124

Jan.,2/74...5

12
10
7

6V:
10 *
12

r

commerce Fire

200

Jan.,2/74...5
May 1, ’74.. .4
May 1/74
5
May 1/71 ,,5

10
4
8
8
10
11
6
5
8
3
8
'J
12
12

15
7

“

.

Jan.,'2/71...6

8
10
10
8
6

8

City

Feb.12/74.3%

4

*8*

Broadway

......

ioi

Jan, 10/74...5
Feb.10/74..5
Jan., ’73...4

\y
10
10

10

.

1,000,000

12
7
10
10

’0
10
8
30
10
8
6

Brewers’ & M’lst’rs

•

105
115
88

Mch. 1/74...4
Jan., 2/74... 7
Jan.,2/74...5
Jan., 1/71.. .6

ll
8

8

J. & J
J. & J.
J. & J.
A. & ().
M.&N.
A.& ().
J & J.
J. & J.
J. & J.
J. & J.
,1. & .1.
J. & J.
J. & J.
J & J.
J. & J.

5(Xi.(XX)
1.5(M).0:()
200.000

8

12

.

*

...

May I,' ’74...7
10
May 1/73. .5
Jan., 2/74.. .5
Jan.' 2 !7l.. 4

Q

10
10

104
125

-

Nov.. 1/73..

10

8
4
12
8
12

126

......

Feb. 1, ’74.. .3

20

50

100
25
50
25
190
25
17
20
70
100
SO
100

Bowery
■

12C

May 1, ’74.6%

Paid.

3% Jan., ’74..5
Jan., *74. .5

10

15,285 10
6,598
200,533 is
45/287 12
15/.93 10

100

Clinton
Columbia

Apr. 1. 74...3
Jan. 2, ’74.. 4

ID

7
20
10

133

100
122

Apr. 1% 74.2}$

•

135

115
300
1 Mfc

Jan. 2/74...4
♦J ii 11.
A.3%

9

•

.

100
100
100

and

7
14
20

Adriatic
/Etna
American
American Exch’e..
Arctic

1,014

Feb. 2,74...5
Jan., ’74...4
July 10/73.3 X

1870 1871 1872 1373 Last

1874.*

.

f

125
101
120

Jan., 2/74...5
May i,’74.. 10

8

J. & J.
M.&N.
F.& A.
M.&N.
M.&N.
M.&N.
J. & J:
J. & J.
M.&S.
J. & J.
J. & J.
J. & J
F. & A.
J. & J.
F.& A.
J. & J.
J. & J.
J & J.
J. & J.

2,050,(XXI

UH'I

8

.

Q-J.
Q-J.

200.000

State ot New York..
Tenth
Third
Tradesmen’s
Union
W^st Side*.

6%

.

1t.tt

Jan. 2.’74...5
■M.oh. I/74..16

10
12
7

J & J
J. & J.

Par Amount.

Price,

Dividends.

Jan. 1,

112

Jan., 2/74..6
Jan., 2,’74.. 12
Oct., *73...4
Jan., 2,’74...5
July 1/73... 4

ameb.

153

i ii

Jan.. 5/74.’.-4
3% July, l’73.3%
July. ’72.3%

7
10
16

Q-J.

Jan. 2,'74...5
Nov. 1,*73.. .4

24
16
10
S
12
100
10
20
8

J. & J.

MKl.OOO
6(X).(XH)

0
25.

.

24
20
10
8
12
86
10
20
8

.

’100,000

So

Irving

8

J & J
J. & J.
J. & J.
ev. 2 mos
J. & J.
M.&N.
•T. & J.
J & J.
<T. & J.
F.& A.
.

10
8-.

10

.

Q-J.

150',C00

Leather Manufactrs...
Loaners’*
Manufotrers’& Build.*
Manhattan*
Manut v Merchants*.
Marine.
Market
Mechanics
Mecti. Bkg Asso’tion..
Mechanics & Traders..
Mercantile
Merchants.,
Merchants’ Ex..

& .1.
M.&N.
J. & J.
J. & J.

Net Sub
PI.U8,

Capital.

Coat

<10

do

do
do
do

.

do
do

do
do

1870-80
1875-79
1890
1883-90
188-4-1911
1884-19(H)
1907-11
1874-98
1S74-95
1871-76
1901
1878
1894-97
1873-75
1876
1889
1879-9!)
1901
1888
1879-82

do
do
do
do
do
do

May & November.
do

do

.January & July.
do
do
do

Jan., May,

do
do
do

July & Nov.

86
95
95
104 Vi
95
86
‘5
96
104
96
102
;co
:oo
102

97
105
97
103
101
101
1(3

95
102

!)S
103

1875-80

102 x

1881-95

.January & July,
do
do
do
do
do
do

95

103
104
1(4 H

103‘4
103
105
106
104 %

1915-24
1903
1915
1902-1905
1881-95
„

1880-83

1875-80

1877•"
1899-1902
1872-79
1874-1900
1875-91

i<3*
95
95
If *3
95

85
*96
*96
’96

96

105
96
83
96

96%
96

103%
96

TfiE CttRONlCLE

526

a doubt¬
issued to
floating in¬
the bank almost, immediately failed, the city received no

for funding purposes. Of these gold bonds, however, $10,000 occupy
ful position. Their numbers are 238 to 247 inclusive. They were
the City Bank, of which S. II. Tobey was president, to tnke up

Investments

debtedness, hut as
consideration. The books of the Comptroller show' that the
entered upon the 16th of August, 1872, nearly a month
between which dates the City Bank collapsed. Of course

AND

FINANCES.

STATE, CITY AND CORPORATION
ZW EXPLANATION OF STOCK

the periods of interest payment, size or
numerous other details, are given in the U. S.
The Chronicle on thelirst of each month.

question of legality as.to

AND 130ND TABLES.

1 • Prices of the most Active Stocks and Bonds are given in the
ers’ Gazette,” previously.
Full quotations of all other securities
found on preceding pages.
2. Government Securities, with full information in regard
ssue,

“ Bank¬

will be

to each
denomination of bonds, and
Debt statement published in

City Railroad and
published the first three

3. City Bonds, and Bank, Insurance,
Ga* Stock*, with quotations, will usually be
weeks of each month, on the page immediately preceding

4. Tlie Complete

this.

Tables of State Securities, City

Securi¬

ties, and Railroad and Miscellaneous Stocks and Bonds
will be regularly published on the last Saturday in each month.
The publi¬
cation of these tables, occupying fourteen pages, requires the issue of a
supplement, which is neatly stitched in with the usual edition and furnished
to all regular subscribers of

The Chronicle.

few days, and that the in¬
coupons, due January last, will be paid as fast as
are converted.
The payment of^interest on the

on

the

new

bonds will be commenced on

Ohio—Bonds of
Constitution

July 1 next.

Municipalities,—The new proposed State

provides:

AnTiCLEVTII-Sec.fi. No county, township, city, town, village, or other
political or municipal division of the State, shall become a stockholder, either
directly or indirectly, in any joint stock company, corporation or association ;
or raise money for or in aid of,
or loan its credit to, or in aid of any
such company, corporation, or'association; or purchase or construct, or
in any way aid in purchasing or constructing any railroad, canal, or appurten¬
ance

thereto.

Proposition No. 2—Railroad Aid—But the General Assembly may, by
general laws, authorize any township, city or incorporated village to aid any
railroad company in the construction of its road, within this State, subject to
the following restrictions, and such others as may be prescribed by law: No
subscription, loan or contribution, for such purpose shall be made, unless
authorized at an election held, in pursuance of law, by at least two-thirds of
all the electors of such township, city or village, to be ascertained in such
manner as may be prescribed by law, and subject to the further conditions of
section four of article eleven when applicable.
*
*
*
If this proposition be adopted, it shall be added to and become part of
section six of arficle'eight of the constitution.
Article XI. Sec. 4. The indebtedness of a municipal corporation shall
never exceed in the aggregate five per centum of the value of the property
within such corporation, as ascertained from time to time by the tax

duplicate

thereof, without the consent, first obtained, to such increase of indebtedness,
and the approval of the objects for which the same is to be created, of at least
three-fourths of all the electors of such corporation, to be ascertained by the
mode prescribed by law; and in no case shall such indebtedness exceed ten

of said taxable value.
*
*
*
*
Virginia Finances.—The following from a

per centum

from the office of the Second Auditor of the
ot interest in connection with the resolution
nance,

circular, issued

State of Virgina, is
of the Board of Fi-

hobby, and in a message to the General Council which he is now preoaring he
will recommend that the gross amount of city taxation be reduced over 50
ner cent.
For 1874 he will recommend a total city tax not exceeding $1.90 on
the $100 against $4 in 1873. Under this programme the items would compare
as

annexed :

1873.

Where stock has not been funded under the acts of 30th March, 1871,
March 7th, 1872, it will be necessary, in drawing interest, to present the
tificates here, in order that the payment may be stamped thereon.
When interest on registered bonds, issued under the Funding act, is

paid to the owner in person, a power of attorney, or
will be required.

20

01

$4.00

Sinking Fund tax

$1.90

..

Total.

New Orleans City

Asa Rogers.

opened this week at the American Exchange National Bank. The
amount offered, about $1,000,000, was taken at 100 to 10(H and
interest.

Memphis City Finances.—The Mayor, in a recent message to
City General Council, says:

In submitting for jour consideration the financial condition of the city, I
hog leave to inform you that there are several cases pending in the United
States Circuit Court, seeking judgment on account of past due bonds and
coupons.
At the last term of the Court judgment was asked for and obtained

$10,000 in bonds, for $18,500 principal and interest. This information lias
been already presented to you in a communication by Mr. Ilanson, City

on

Auditor.
It is full time we should commence to protect
in view, it is our duty to defend these suits to

the city, and with that object
the court of last resort, and
thereby have determined the liability of the city on the bonds which have
been issued contrary to law. or for which the city has not obtained sufficient
consideration. When, for example. wre consider that in the issuance of bonds
by the officers of the city, before being enjoined by the Supreme Court, for
The last $07,000 issued, the city only leceived $17,789 17, being a loss of
$49,210 85, it is time to say to those who are so exacting, that the city has
rights ns well as individuals.
The city of Memphis has no authority to sell or to part with its bonds for
less than their par value. It never had authority to do so.
But while this
has been settled by the Supreme Court of Tennessee, the fact is true that the
city has sold in many instances its bonds for much less than their par value.
Whenever it appears

beyond doubt that the city has realized less than par
value, it is manifestly the duty of the city government to the people to resist
payment of them beyond the price or sum realized, or the price paid for them
by the holder, with legal rate of interest added. The Supreme Court of the
United States, in the opinion delivered recently, in the Nicolson pavement
the

unit, between the
city of Memphis and T. E. Brown & Co., contractors,
intimates that if theaefer.se of usury had been set up in the pleading or
claimed on the trial of the case, that the majority of the court would have
considered the matter, and possibly have agreed with Justices Field and
Bradley, who, as a minority, still insisted that the city of Memphis had no

of this plan, and

says :
“There has been considerable inquiry as to which of the city bonds are
affected by the late message of Mayor Loague. After inquiry, we are enabled
to state that bonds issued prior to" 1800 are not concerned, but all after that
date come under the questionable class, excepting the gold bonds of 1870, issued

30

10

Mississippi Railroad tax

04

The

Finances.—The Picayune says:

tax ordinance reduces city taxes a little more than one per
and will, upon the assessments already made be as follows:

City debt tax (for the payment of interest on the city

other

;

politan Police and New Orleans Park,)
one

hundred dollars of valuation.

sixty-eight cents

new

cent.,

debt) one

dollar on each one hundred dollars of valuation.
Current city expenses (for the payment of expenditures
than those for interest on city debt, public schools,

Metro¬

on

each

City Park tax, at the rate of one-eight of one per cent.
School tax, at the rate of one-fourth of one per cent.
Special Metropolitan Police tax, (in conformity with act 83 of
the Legislature, approved Feb. 26, 1874,) at the rate of forty-four
and one-half cents on each one hundred dollars of assessed valua¬
tion of all property.
Philadelphia City Finances.—In the Mayor's message to the
Common Council the following figures were given:
city for the year 1873 is shown in the report
City Comptroller to be—
Total expenditures of the city for the year 1873, w'ere
$17,812,199 93
From which deduct the following amounts:
Judgments
$074,951 Ofi
Interest on City Loans
3,440.215 96
Interest on outstanding warrants
54,223 74
Several sinking funds
600,115 00
Warrants of previous years..
2,42s,397 80
Amount paid on loan warrants
4,403,419 00—11,072,322 56
The financial condition of the

of the

Expended for the departments for the year 1873
Outstanding warrants for the departments for the

year

1873.

$0,139,877 37
...

2,322,875 14

$8,402,752 51

departments for the year 1873.

Which has been increased during the year

Cincinnati Bonds.—The proposals for the bonds of the city of
Cincinnati, issued in aid of the Cincinnati Southern Railroad,
which bear 7 3-10 per cent interest, and fall due in 1902, were




—

25
30

30

..

The funded debt of the city,

The Funding Act of March 30th, 1871, is still in force, except that coupons
receivable for taxes and public dues” cannot now be issued.
I have to request that persons drawing for interest, or desiring to have stock
transferred, will do so through parties outside of this office, as my official
duties render it impracticable for me to attend to those matters.

authority to sell its bonds for less than par value.
The Memphis Avalanche speaks approvingly

70

—

.

School tux

cer¬

“

the

$1.00

1.00
70

and

not
order properly witnessed,

Richmond, Va., May 11, 1874.

1874.

$1.00

General purposes
Interest tax
Mandamus tax.

Total cost of the

published last week :

was

the amount which

ing bill will be ready for delivery in.a
terest

transaction

after its occurrence,
ibere will be a
these ten bonds. The whole amount of the ques¬

tionable bonds is about $2,459,000, including the paving and school bonds,
also the purchase of the city’s interest in the Memphis & Charleston Rail¬
road. Now it is claimed, on the defen dve, that the city never realized more
than an average of 42c. on the dol.ar of this amount.
Say it realized 50c.,
which will answer as probably covenng cost of litigation. In that event, if
the Supreme Court sustain the position of the Mayor,
holders can recover from the city would be only $1,22\009, wbicli would make
a hole in our apparent bonded debt of $3,978,000, reducing it to $2,753,000.
“
Low taxes is one of Mr. Mayor League’s hobbies, if it may be called a

Reimbursing tax

Louisiana New Bonds.—The financial officers of the State an¬
nounce that the new consolidated bonds authorized by the Fund¬

the old bonds

[May 23, 1874.

January 1, 1373, was

$51,097,141 67
7,048,150 00

$58,745,291 67
Less amount cancelled and redeemed

Joy the Commissioners’

Sinking Fund

579,774 70

.

Total funded debt of the city, January, 1874
Less amount of loan for extension of gas works

$58,105,556 97
4,877,300 90

Total funded debt for city purposes
The floating debt. Outstanding warrants....

$53,288,216 97

2,405,354 12
$55,753,571 09

From which deduct:
Cash in hands City Treasurer
Cash in hands Sinking Fund Commissioners

$2,176,399 08

90,300 33— 2,260,699 41
$53,480,871 09

Total indebtedness for city purposes
And gas loans

Total liabilities of the

4,877,300 00

city

$58,364,171 68

The report of the Board of Revision of Taxes shows that the
taxes for the year 1874 have been levied upon the following
valuations:

$539,003,002

Real estate
Furniture
Horses...
Cattle..

?

695,'*38

Carriages (pleasure)
Making

$548,243,535

...

An increase of $21,078,267 over the year 1873.
To
be added the sum of $37,595,697, money at interest,
to taxation.

Blue

6,462,250
1,918,764
162,981

which must.,
and subject

Ridge Railroad (S. C.) -The sale of Blue Ridge Rail¬

road, says the Charleston News, which was to have taken place
under

decree in bankruptcy,
Bryan until October 22, 1874.
a

was

postponed by order of Judge

chattel mortgage, executed by the
Railway Company to Win.' Lawrence Scott, of
Erie, Penn., and Kenyon Cox of New York, has been filed in the
County Clerk’s office of Albany County. The instrument con¬
veys the entire fixtures of the road, rolling stock, land, &c., to the
parties of the second part, to secure the payment of $9,000,000 in
bonds issued for the construction of the road, and is in fact in¬
tended as an additional security for those bonds.
Columbus & Hocking Talley Railroad—
The business on this road has increased so rapidly that the Com¬
pany are preparing for a double track and steel railing through¬
out, and a large increase in the rolling stock. The construction
of branch railroads is also progressing, especially those up MonCanada Southern.—A

Canada Southern

day Creek and Snow Fork, which contain immense beds of iron
and coal. The coal traffic, indeed, is the purpose of the road
and the last year constituted 90.64 per cent of the whole freight¬
ing

business.

527

THE CHRONICLE

May 25,1874 j

The amount hauled in 1872 was 604,881, and in

give an

operations as shown in the report of which we now
analysis.
FISCAL

OPERATIONS AND

RESULTS.

Mileage.—Passenger Trains run 745,700 ; Freight Trains 1,700,200 ; and
Construction and Ballast Trains 233,700: total of all trains 2,745,(500 miles.
Passenger Traffic. —Passengers carried—through 36,826, and local 527,631 :
total of all passengers 564,457.
Freight Traffic.—Freight (tons) moved—through (eastward 263,924 and west¬
ward 122,378) 3S6,302 tons; and local 379,167 tons. Total of all freight moved
765,469 tons, of which were delivered to the Baltimore and Ohio Railroad 284,106,
Train

1873, 806,973 tons, the increase from the previous year being
202,093 tons or 33.41 per cent. This is assured progress, ancl
with further development and facilities the road must become
oue of the best paying in the State of Ohio.
«The gross earnings of the road amounted to $1,074,187 an in¬ and received from said railroad 130,565 tons.
Gross Earnings.—Passenger $503,817 ; freight $1,507,617 ; mail$42,7SS; express
crease over those of 1872 of $219,294 or 25.65 per cent; the Oper¬
$63,766 and miscellaneous $8,887
Total $2,126,S75
ating expenses were'$698,028, an increase of $285,798 or 69.33 per
Operating Expenses. —Roadway $411,503: bridges $49,452; machinery
cent; and the netfe earnings were $376,159, a decrease of $66,504
$653,381; transportation $414,145 ; mileage of cars $54,443 ; telegraph
or 15.05 per cent.
The ratio of expenses to gross earnings in
$37,562, and general $73,850.
Total (795j p. c.)
1,694,336
1872 was 48.22 per cent, and in 1873, 64.98 per cent. This extraNett Earningsy or protit from operations
$ 432,53g
ordinary leap in expenses, equalling 16.76 per cent, was owing
PROFIT AND LOSS ACCOUNT.
in a considerable measure to an extraordinary flood in the Hock¬
$3,323,373
ing Valley in July, which caused serious damage to the road¬ Balance forward|frora December 31, 1872
First Mortgage Coupons (Feb. and Aug.)
$244,552
carrying away abridge, several trestles and a large amount of Second Mortgage Coupons (May and Nov.)
171,990
embankment. No regular trains were run for two wTeeks, and Third Mortgage Coupons (Jan, and July)
239,840
Fourth Mortgage Coupons (October)
80,059
the continuance of high water from July through the balance of
S. »fc H. Val. Mortgage Coupons (May and Nov.)
.'
20,510
the year made it necessary to keep a large force of men employed Past due
Coupons paid in 1873
9,886— 766,887
278,351
protecting the road at all pointsliwhicli were exposed to the Interest and discounts
53,952
Taxes
;
water. The bridge carried away has been rebuilt of iron, the
Rent of Ind. Cine, and Laf. Tracks (Cincinnati)
5,000
road exposed has been protected with stone, and the trestles Rents of Real Estate and
56,213
Depot (Cincinnati)

uprooted have been filled up with earth. It is scarcely possible
indeed, that future floods can reach the road, and hence any
similar calamity need not be feared. Otherwise no accident has
occurred to passenger, and no serious accident to train during
.

all the year.
OPERATIONS AND FISCAL

Total

resources

in 1873
and scrip interest $270
Adjustment of old accounts during 1873

from Income

$158,500

$706,378

15,740
181,200
74,993— 430,434

Credit Income Account, December 31, 1873
Paid in stock $115,110,
FINANCIAL

..

$275,944

and in cash $06,100.

Stock Shares—1st Preference
“
“
2nd Preference
“
“
Common or Deferred

Scrip

“

Capital Stock (authorized $2,000,000) paid in
$1,85-1,450
1st Mortgage (main) S.F., 7 per cent bonds, due Oct.1, 1897.$1,500,000
1st Mortgage (branch) 7 per cent bonds, due July 1. 1880...
300,(XX)
2nd Mortgage (main) 7 per cent bonds, due Jan. 1, 1892.. .
499.000— 2,299,000
Bills payable
157,869
Miscellaneous—Agents $37; connecting roads $26,812; individuals
$32,070, and dividends $432.
59,351
Income balance, De cember 31, 1873
275,944

1

Construction—Main

Equipment
Real Estate (shop,

$4,646,614

$2,971,888

Line—$2,720,529 and branch $251,359

1,234,397
134,893
24.649
116,384
4,279

switch and depot grounds)

Shop tools and machinery...
Right of wav $93,792 and fencing $22,592
r
Telegraph Line
...
Monday Creek and Snow Fork branches (in progress)

9,021

200

Bills Receivable

Total

Property and Assatts

Eric, Atlantic

2,210

;

Miscellaneous—Agents $20,156 ; connecting roads $4,669;
viduals $6,486
7
Sinking Fund $30,000, and cash $66,677

anil indi¬

but the

have

not

been made

96,677

Atlantic & Great Western Railroad ;

of the lease

300,000 tons of coal.
Marietta & Cincinnati Railroad—

The operations for the year 1873 have been very satisfactory,
and would have obtained the results estimated for at its com¬

mencement, had it not been for the panic of September last,
which acted on ail railroads alike. It" was estimated that the

earnings for the year would be $2,400,000. They were
$2,126,875, ora quarter of a million less than the estimate. But
as compared with the results of the preceeding year, the actual
earnings for 1873 show an increase of $97,710 or 4.81 per cent.
The nett earnings show a gain of $22,087, or 5.38 per cent. The
per centage of operating expenses differ but a fraction, having
been in 1872, 793^, and in 1873, 79 2-3 per cent, of the gross
receipts. The business has increased very largely in all depart
ments during the year, as may be seen by consulting bur “com¬
parative statement;” but most conspicuously in the through
traffic, and the interchange of business with the Baltimore and
Ohio Railroad by way of the Parkersburg^Bridge.
During the year a fourth mortgage for $4,000,000 was created,
partly to cover the large floating debt of the company, and partly

gross




$123,557

3,471,083

payable, Special Loans, and current accounts

Total Liabilities
Real Estate...
Cine, and Balt.
“

“

Railway Stock
“

:

issued under this mort¬
twenty-five years to run.
paid, October 1,1873.

expressed at the results of the year’s

2,500,000
3,000.000
2,004,000
300,000

3,594,640

$285,918
$353,650

.

306.005—

7.

Advances

Baltimore Short Line

3,503,903

$2S,902,543
23,112,721

...

Railway and Equipment, including Branches,

659,655

250,000

Railway Stock
“

Materials and fuel

1,399,964
107,453

Profit and Loss Account to balance

4,127,405

“

“

204,391— 454.391—

Advances....

(including old rails)
Suspense Account*
Total

j

55,000

$28,902,543

Property and Assets,

*
Second bonds to the extent of $155,000 were retained (or ns you may other¬
wise call this action) by a former financial agent, and arc thus accounted for.

Other

1872.

1878.

484,133

1,409,567
135,465

503,817
1,507,617
115,441

1,690.968

2,029,165

2,126,875

1871.

1870.

3S3,316
939,602
68,421

Earnings:

Total Gross Earnings...

420,779

1,391,345

Passenger Earnings
Freight Earnings

1,420,345

Operating Expenses
Nett

1,470,681
89>£ p.c.

1,480,913 1,618,713 1,694,336

1,243,664 1,342,156

Earnings
Expenses to Earnings

78 189
p.c.

8,130,720
4,460,368

2,029,779
1,050,000
2,454 396
2,500,000

Third Mortgage bonds
Fourth Mortgage bonds
S. & II. Valley bonds
Baltimore loan to Union R.R

....

210,055
410,436
87)4 p.c. 79^ p.c.

CLOSE
$

....

300,00*0
20,000
108,772
1,171,579

Pay Rolls
Bills, loans and accounts
Dividend on prefd stock uppd

20,000
....
118,103
97,475
1,202,080 2,135,951

127,*o71

123*557

2.979,376

3,471,083

7,468

22,233,081 23,608,689 25,057,953 26,415 581 28,902,543

Total Liabilities

Railways and Equipment.... 19.722,779 20,312,180 21,087,693 22,033,380
189,292
417,841
463,412
504,184
Real Estate
50,000
O. «fc H. Valley R.R. stock...
50,090
253,400
396,300
200,000
C. <fc B. Railway stock
100,000
“
“
230,741
142,069
advances
133,770
72,929
50,000
5,000
5,000
Balt. Short Line R.R. Stock.
....

a.

“

“

advances

Bonds and Stocks
Materials and fuel

Suspense account
Bills, &c
Profit and loss account

432,539
79^ p.c.
^

OF EACH YEAR.
$
$
$
8,130,720 8,130,720 8,130,720 8,130,720
4,460,368 4,460,368 4,460,368 4,46C,368
1,372,891 1,388,993 1,413,106 1,408,912
1,050,000 1,0505000 1,050,000 1,050,000
2,454,5^ 2,454,447 2,454,447 2,453.903
2,500,000 2,500 000 2,500,000 2,500,000
2,000,000 2,540,000 3,000,000 3,000,000
2,004,()00
300.000
300,*000 300,000 300,000

AT

CONDITION
$

First pref. Stock, &c...
Second pref. Stock, &c
Com. or def d Stock, &c
First Mortgage (£) bonds....
First Mortgage ($) bonds, &c.
Second Mortgage bonds

YEARS.

473,431
932,278 1,134,776
67,288
82,761

1869.

FINANCIAL

Lehigh Valley.—This company has purchased from thePhilsdelphia Coal Company a controlling interest in the leases of its
three collieries on the Girard estate in the Malianoy region. The
price paid is said to be $800,000. The leases have 11 years to run
with a right of renewal.
The three collieries produced last year

General satisfaction is

Bonds

Pay Rolls

public.

for construction purposes.
The bonds
gage are dated April 1, 1873, and have
The first coupon became due, and was

2,450,000
3,903—

($) Bonds
($) Scrip

Fourth Mortgage Bonds for $4,000,000
Scioto and Hocking Valley R.R. 1st Mortgage

Bills

72,300

1,050,000

Second Mortgage Bonds
Third Mortgage Bonds

Great Western.—The conference between

precise percentage to be paid and other terms

27,070

22.368
22,912—

COMPARATIVE STATEMENT FOlt FIVE

the Erie and Atlantic & Great Western authorities is stated to
have resulted in a lease, on the basis of the payment ot a percen¬

tage of gross earnings to the

1,386,000—$13,927,655

7.

31,611

$4,646,614

*,

1st Preference

YEAR.
$8,103,650
4,438,000

Mortgage (£) Bonds
“
“

4,277

4,127,405
T

2nd Preference
Common or Deferred

“

First

20,375

Steam Excavator
Lancaster City Bonds

—

“

43,723

8,723—

and can¬

$4,607,944
CLOSE OF

FINANCIAL CONDITION AT

Stock

$432,539

$35,000

Total of account

“

CONDITION AT CLOSE OF YEAR.

Total of all liabilities

$4,607,944

v

\

“

*

/

Nett earnings during 1873
Rents of Tranks from Cine, and Springfield Railway Co
Rents from Real Estate
...,
Difleivncc between cost, and par value of stock surrendered
celled
^
Balance fonvaul to next account.,

$376,159
330.219

&c

Dividend of February 1. 1873, 15 per cent*
Dividend of August 1, 1873, 5 per cent

15,877
1,770
12,202

.

Total of account,

Earnings—Passenger $118,204; freight $938,569; express and mail
$11,771; telegraph $1.004; miscellaneous $4,607 and mileage $32. Total $1,074,187
Operating Expenses—Transportation $217,302; roadway and struc¬
tures $314,149; engines and cars $92,445; loss and damage $3,308 and
general, including rent and taxes $70,824 (6-1.98) per cent
698,028

Interest on bonded debt
Interest on floating debt

5S,702— 119,915
35,667

lire) $10,529

Personal Injuries, paid
N. York office $1,500 ;

RESULTS.

Gross

Nett Earnings—Profltn after expenses, taxes,
Balance from Income, December 31, 1872

Rents of Cincinnati and Baltimore Rad way
Loss and Damage (freight) $25,138, and (Cine,

•

•

•

....

•

•

....

52,966
97,226
155,000
87,970

1,390,027

•

•

....

•

53,693

53,406

196.731

189,422

155,000
....

2,046,469

,

155,000
....

2,746,526

37.495
....

....

155,000
....

3,323,373

23,112,721

285,918
....

353,650
306,005
2.10,000

204,391
•

•

•

.

107,453
155,000
....

4,127,405

Total property and assets 22,233,081 23,608,689 25,057,953 26.415,581 28,902,543
New York & Oswego Midland.—The meeting of first mort¬
gage bondholders
was held on Friday, the 15th instant.

1 he

meeting was called to order

by Abram S. Hewitt, and L. J.

elected Chairman. Theodore Houston acted as Secre¬
tary. Mr. Hewitt read the report of his proceedings as receiver
of the road.
The total loss to the Company for one year was
Myer

was

[May 23, 1874.

THE CHRONICLE

5 '8

St.
The daily lose, including rentals of leased roads have Louis* Alton & Terre Hante.—The Executive Committee
agreed to recommend a dividend of 3 per cent on the pre¬
and taxes, was over $5,000. As soon as possible after entering
ferred stock.
upon his duties as receiver,l|Mr. Hewitt cancelled the agreements
All the
with all leased lines in order to reduce the expenses.
Savannah & Charleston.—A correspondent of the Charleston
express trains which ran without through passengers were imme¬ News and Courier gives the six and seven per cent mortgage debt
diately discontinued. To satisfy the laborers’ demand for wages at $1,000,000; other bond debt, $550,000 ; open debts and accounts,
it wfu necessary to issue receiver’s certificates; the amount is¬
about 300,000 ; total, $1,850,000.
The stock is stated at $1,000,000,
sued for labor claims to May 11 was $385,137.69. A settlement making a total cost of $2,850,000.
.
was made with the rolling stock company for ba^nce due by issuing
South Carolina Railroad—
receiver’s certificates at par. The amount of receiver’s certificates
The report for 1873 appears on the whole to be a satisfactory
issued for rolling stock thue added to property subject to the lien
of the first mortgage is $511,173.27.
The only other certificates exhibit, whether examined as to the financial condition of the
issued were sold at par to pay the rental and taxes of the Home company, or as to the business results of operations. The busi¬
The total of ness expressed in quantities shows .an increase in freights over the
and Utica branch. These amount to $55,395.78.
receiver’s certificates issued to May 11, 1874, is $951,706.41. The next previous year of 28.077 tons, and the engine movement an
road is now earning its running expenses for the first time in its increase of 40,798 miles. The passenger business, however, has
history, and from this time it is believed that there will be some fallen off 18,737. The increase in receipts is $89,804, and in ex¬
surplus which will go towards paying the floating debt of the penses $58,445 ; increase in nett earnings, $31,360. After paying
receiver, which now amounts to $113,115.90. Mr. Hewitt advo¬ operating expenses and interest on all bonds and debt there was
cated the early sale of the road, under the first mortgage, on the carried to profit and loss the respectable sum of $161,558; and
grounds that a large amount of the rightof way remained to be the reduction which was effected in the bonds and bills payable
paid tor, the titles of which will be forfeited unless the money is amounted to $83,382 During 1874 the amount of bonds due, and
'paid within a year. A resolution was passed authorizing the to become due, amounts to $224,000, of which $113,000 fell due
chairman to appoint a committee to take action upon the report. January 1, and were promptly paid. The remainder $111,000 will
—From a late circular of Messrs. HasBler & Co., we condense the fall due July 1, and it is presumable that the company will be
following: The main line of the New York & Oswego Midland fully able to pay the amount.

$1,688,449.74.

with branches to
Crawford, Ellenville, Delhi, and Cortland, 'l he mortgage deed,
dated June 20, 1872, designates the “Wes*ern Extension” as
Railroad extends from Middletown to Oswego,

singular the line of railroad from the village of Cort¬
land, in the county of Cortland, to a point on the Niagara Rivei
at oi near Buffalo.”
A personal inspection of the “Western Ex¬
tension ” as it now exists enables us to state that it is a line of

“

all and

Gross
Total

single track, with siding at stations extending from Freeville to
a point a
little north of the station called Scipio, in Cayuga
couuty, and about ten miles south of Auburn. Freeville is ten
miles southwest of Cortland, and is reached by the Utica, Ithaca,
and Elmira Railroad.
No work Iras been done bv the Midland
between Cortland and Freeville except a preliminary survey.
From Freeville the line of the road is almost due west about
three miles, the distance at that point being about one mile and
a quarter from tlie line of the U. I. & E
It then curves north¬
wardly, and seven miles from the junction it reaches the line of
the old “Murdock” embankment, which extends in a northerly
direction, slightly east ardly, toward Auburn. Upon the em
bankment the ties are in many places laid upon the old grassy sur¬
face, and but very little grading has been done on any part of the
line.
The total length of the line is about twenty-seven miles,
exclusive of sidings, of which there are less than one mile laid
with 40-pound iron.
The mortgage provides for the issue of
$1 ,(.00 0o0 for purchase of depot grounds and “other general
purposes,” and then for the issue of bonds at the rate of $25,000
of bonds per mile of road in process of construction.
The Sec¬
retary of the company in a st atement dated September 18, 1873,
says that there were then outstanding $2,425,000 “ Western
Extension ” First Mortgage Bonds.
The twenty-seven miles
from Freeville to Scipio authorizes the issuing of $675,000.
A

On twenty-seven

$2,425,000

miles of road

$1,000,000
675,000

Pacific & Atlantic

Vice-President and R. H. Rochester

A resolution was adopted confirming
and ratifying a lease dated December 16, 1873, under which the
Western Union Company took charge of the lines and offices of
the Pacific & Atlantic Company.

Secretary and Treasurer.

Pacific Mail

Balance

c

Steamship Subsidy.—The House Postal Com¬

that the company by non-compliance with their con
tract, have forfeited their claim to the additional $500,000 per an¬

$576,465

1st mort¬

417,118

2,211
$161,558

rried to Profit and Loss account
COMPARATIVE STATEMENT FOR FIVE
Road and

1870.
137
106

1871.
137
106

1872.
137
106

243

243

243

243

243

43

43

43

42

42

43

47
464

46

47

367

486

497

49
530

410

511

532

544

579

FISCAL

RESULTS.

Locomotive Engines.

Passenger and Mail Oars.

Freight and other Cars...
Total of all cars
OPERATIONS

AND

1871.

1872.

808,4i 9

139,700
238,919
246,679

197.362

856,732
207,344
266,707

22,206

30,150

52,057

69,911
17,571
17,399
10,202

105,952

143.319
50,381

$
325,181

23,821
61,676
17,551
15,950
5,163
$
292,853

268.038

1,009,667

185,965
2C6.284
13,438

Freight (tons)

“

1873.
897.530
188 607
294 784
328 904

1870.

840,910

I860.

801,171
109,275

Train Miles
Passengers carried
“

1873.
137
106

1869.
137
106

Total of all Lines.

“

YEARS.

Equipment

Main Line....
Branch Lines.

Cotton
bales
Flour...-.
bbls
Grain
bush
Naval Stores.bbls

165,395
23,254
14,661

Merchandise.bales
Live Stock. ..head

8.516

228,064
262,701

264,625
37,671
20,368
15,094

28,024
14,417

$
246,756
1,221,240
23,020

1,148,946

1,035,259

$
268,043
1,110.148

30,088
17.830

26,541
16,798

22,145
19,2(18

23,020
10,101

1.382,167

1,185,138

1,344,650

1,411,312

1,493,227

Operating Expenses

786,660

916,096

879,859

856,106

914,551

Nett Earnings
Interest paid

595,507

569,042

464,791

263,675

322,762

276,119
58,194

555,206
417,824

417,118

Passenger

Earnings

Freight Earnings
Mails
All other

receipts

Total Gross Earnings.

116,388

Dividends declared
FINANCIAL CONDITION

Telegraph.—A meeting of the Board of
Philadelphia on the 15th, at which George

Directors was held in
H. Mumford was elected

914,551

c

Receipts from other sources

1,675,000

adjourned meeting of the stockholders of
the Old Colony Railroad, held in Boston on the lyth, the com¬
mittee appointed to superintend the voting on the question of
purchasing or subscribing for shares in an incorporated company
running stea l.boats in connection with their road to New York,
etc., reported that the whole number of shares was 66,921, of
which 34,461 were necessary to a vote, and that upon this ques¬
tion 35.206 were in favor of the project and 3,369 against it.

$1,401,016

$159,347

“

Old Colony .—At an

on

$230,-

(cur) bonds $42,payable $211,858....

“

$750,000

Excess

$1,221,2-10, and mails $23,020.

-

Nett Earnings.—Earnings over expenses
Interest aiid exchange on Sterling bonds $99,805 interest
gage (cur.) bonds $62,790; interest on 2d mortgage
665 ; and interest on non-mortgage bonds and bills

“

bonds outstanding

Terminal purposes

Earnings.—Passeneer $246,756; freight

Operating Expenses.—'Transportation $311,857; motive power
951 ; way $228,628; cars 98,275 ; and general $44,840

tabular statement exhibit:
Western Extension

RESULTS.

OPERATIONS AND FISCAL

$

Capital Stock... /
Sterling Bends
Currency Bonds
Bills payable
Other Liabilities
Profit and Loss

Total Liabilities

mittee report

1869.

1870.

1871.

$
5.819,275
1,492,016
2,942,233

$
5,819,275
1,407,960
2,932,270

5,819,275
2,342,832
1,704,519
295,664

145,263

452,030

353,009

1872.

$
5,819.275

1,492,738
3,227,608
877,172 1,000.760
237,736
269,587
71.474

—

1873.

$
5,819.275
1,486,333
3,182,312
1.328,492

240,351
160,453

10,307,553 11,058,563 11,306,264 11,849,591 12,217,216
1869.

Road, Equipment, Land,&c
Cash, receivables, &c
Stock, bonds, &c

578,676

AT THE CLOSE OF EACH YEAR.

$

"

2,211

8,920,553
351,914
448,212

1870.

1871.

9,500,688 9,499,854
230,861
234,198
896,542
590,337

1872.

1873.

9,524,328

9,552.418

141 585
180.507
subsidy provided for by the law of 1872 for an additional
1,413,988 1,727,673
mail service. The committee say that interpreting the
602,022
593,635
606,871
501,447
651,573
Southwestern R.R. Bank...
terms of the contract strictly, as they feel bound to do, they do
193,518
72,116
137,133
85,427
81,767
Transient Debtors, &c
not see how they can accept the explanations of the company as
to the causes of the delay in providing the required steamships,
Total Property and assetts 10,307,553 11,058,563 11,306.264 11,849.591 12,217,21b
and they accordingly find that such failure actually works a for
feiture of the rights of the company under said contract.
Toledo Peoria & Warsaw.—An application was lately made
The committee conclude by recommending that the existing for the appointment of a receiver ol this company. James F.
appropriation of $500,000 be c >vered into the Treasury, and that Secor, the present President, and William Tracy, have been for
no further appropriations be made for said additional service.
some weeks acting
as trustees, and after some sharp discussion
Pittsburg, Washington & Baltimore.—In the second branch by different parties in interest, it was ordered by the court that
of the Baltimore City Council a letier from Mendez I. Cohen, the said trustee as trustees retaiu possession of the said property
President of this railroad was read, stating that the financial con¬ and railroad covered by said mortgage, and continue to operate
dition of the company predudes the possibility of Ps payment of the same until the further order of this court, without prejudice
the arrears of interest now due and of that which will accrue in to the right of any parties interested to contest the claim of
July next upon its second mortgage bonds, a large portion of possession by said trustees under the mortgage. And further,
which are held by the city of Baltimore; and that its Board of that said trustees report to this court all their actings and doings
Directors has appointed a special committee to confer with such in this behalf by the 15th day of June next, and this motion is
continued without prejudice, to be taken up on notice.
committees as the council may see fit to designate.
num

China




May 23,1874.]
■

THE

CHRONICLE.

Export* of Leading Articles from New York,
The followingtable,compiledfrom Custom House returns,shows
ihe exports of leading articles from the port of New York since

$l)c Commercial Simes.
TommeroiaiT epitome.

January 1,1874,

Friday Night,

There

is

scarcely

a new

May 22, 1874.
feature to note in trade circles this

to all the principal foreign countries, and also the
totals for the last week, and since January 1. The last two lines
show total values, including the value of
all other articles besides
those mentioned in the table.

week. The spring season draws to a close, with results generally
unfavorable and disappointing.
This is especially true of

imported goods, with no important exceptions. In the great
staples of domestic produce, the spring months have witnessed an
advance in prices ior cotton acd provisions, while breadstuff's have
been active and firm ; some of the minor articles have not done
so well,
but on the whole the spring trade in the products of
agriculture has been quite good ; an especially satisf actory season’s
business seems to have opened to the trade in breadstuff's, the
supply and demand being alike very large. The greatest depres¬
sion hag apparently been in metals.
In provisions the feature of the most interest the past week has
continued to be .the speculation in pork and lard, which have
shown a steady advance in prices. New mess pork sold freely
yesterday at $18@$18 10 for June, and $18 20@$18 25 for July,
with business on the spot at $18 for new mess, $16 50 for old do.,
$14 50@$15 for extra prime, and $15 50@$16 for Western prime
mess.
Lard has also been buoyant, with large sales yesterday of
prime Western steam at life, on the spot, ll£c. for June, and
life, for July. In other hog products there has been little of
interest; bacon, however, shows some advance. ’• The following
will show the foreign exports of hog products from the principal
ports, October 28 to May 19, 1874, compared with the exports
from all United States ports, November 1,1872, to May 21, 1873:

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64,837

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45.084

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Freights have been a good deal depressed in the past week.
The large supply of steamer room on the berth, referred to in our
last, lias been supplemented by an increase in tlie number of
vessels for charter.
Rates have consequently dec.ined, and the
lower rates have stimulated business, causing more reaction
towards tbe close, as there are large quantities of breadstuff's,
petroleum, etc., to go forward. Grain has been shipped by steam
as low as 8J@9^d. to Liverpool, 9J@10d. to Glasgow, and 10@10$d.
to London ; and by sail to Cork for orders, 7s l|d.@7s. 3d.
But
yesterday, while the Liverpool steamers obtained 9£@10d., ves¬
sels for charter accepted 6s. 9d. to Cork and 7s. to Antwerp, and
petroleum charters were active, including refined at 5s. 3d. to
London, 4s. 6d.@4s. 9d. to German ports, and 6s. to tbe Baltic.
To-day, there were large engagements of grain to Liyerpool by
steam at 9$@10d., and a vessel to Cronstadt with petroleum at
5». 104d.; also, a vessel re-let with grain to Cork for orders at 7s.
There has been a
better business in refined petroleum,
and at the close holders were steady at 13|c., spot, and 13£c. for
the first half of June. Crude has continued very quiet, but closed
quite firm at 5$c. for May delivery. Rosin has remained about
the same, and the business has been fair; strained closed at
$2 65(3)2 70, tbe latter figure for good. Spirits turpentine re¬
mains steady and quiet at 39c.
Hides have beeen fairly
active and quoted
about steady at 26^(3>26fc. gold, for
dry Buenos Ayres. Wool has been generally quiet, except for
California and South American ; the market presents no new fear
tures, and continues firm. In hops there is a steadier tone,
though very little has been done. Whiskey closes dull and
lower at 97ic. Tallow is firmer at 7$@7£c. Metals have sold
moderately, and late transactions embrace ingot copper at 24£@
24$c. cash, and 24£c. for June delivery. Pig iron still dull and
nominal. Fish oils have continued in demand for export.
The market for Kentucky tobacco has been rather quiet,

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The sales for the week embrace 350 hhds., of which 200 were for
export and 150 for consumption. Seed leaf also has been quiet,
the sales embracing: Crop of 1870, 235 cases Connecticut at 5$@
6£c.; crop of 1872, 230 cases Connecticut at 6@32c.; 113 do. Wis¬

consin, 6i@7ic.; 50 do. Ohio at 6£c., and 35 do. Pennsylvania on
private terms. There has been a fair business in Spanish tobaoco,

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quotations remain steady at 4£@6c. for lugs, and 7@12c. for leaf.

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Raisins are firmer at $2 80@2 85 for layers ; Turkish prunes are
easier at 12c., but there has been a movement in currants to the
extent of 3,000 bbls. at 6£@6fc.

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37,723.800
135,077,908
251,350,621

tendency in prices. To-day, the market lor hog products was
generally quiet; but lard was excited and higher, going as high
as 11 9-16c. for June, and 11 11-lGe.
for July, but closing with
sellers at ll^c. for June, and life, for July. New cheese was
quoted at i4|@15^c. for good to prime factories.
Coffee has been rather more active, but stocks continue large,
especially of those qualities that are not readily salable. Rio,
106,250 bags, East India 48,763 mats and bags, and West India
53,517 bags. To-day, at some decline, there was more doing.
Rice is in reduced stock and firm, the sales to-day embraced
2,000 bags Rangoon at $3 35@$3 40, gold in bond. Molasses'is
in better supply and scarcely so firm.
Sugar has been more ac¬
tive,.and prices have been a little irregular, fair to good refining
quoted 7-£@7-Jc., No. 12 box Sfc., and standard crushed refined
10*c.
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hogs packed
Beef has been in fair demand, without new feature. Butter
and cheese, under increased supplies, have shown a downward

Receipts past week

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Moet-

43,318,000
159,854,024
317,500,704

520,672,728
5,410,314

Sales past week
Stock May 21, 1874
Last year

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No. of

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1872-3.

Pork, lbs
Lard, lbs
Bacon, lbs

529

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made up this evening, are now 306,824 bales.
Below are the
exports and stocks for the week, and also for the corresponding

Imports of IiOadlue Articles.
The following table, compiled from Custom House returns,
ihows the foreign imports of leading articles at this port since
Jan. 1,1874, and for, the same period of 1873 :
[The quantity is given in packages when not otherwise specified.]

week of last

Week ending

Same

Since

Same

Since

Metals, Ac.—,
Cutlery

Earthenware-

3,550

China
..

Glassware
Glass plate
Buttons

.

.

2,449

0,301
544,278

..

005

hales

Cot.ton

Drugs,'Ac—

Bark, Peruvian..

powders...

Blea.

13,397
8,883

2,194

Cochineal
Creatn Tartar...
Gainbier

622

16,162
1,803
1,801

Gum, Arabic
Indigo

'824

Soda ash
Flax
Furs
Gunnv cloth
Hair

14,279 Tobacco
1,420 Waste
090 Wines, Ac—
Champagne, bks.
3,150

487

34,454

Fancy goods

22,502

Fish

25,335 Fruits, Ac.—
Lemons...
3,719
2,952
Oranges
1,088

1,348
80,456

58,902

1,530

494

740

3,003

24,231

5,497
25,678

400

064

1,151

....

1,529

Ivory
Jewelry, Ac.—
Jewelry

370

465

280,723

Watches
Linseed
Molasses

220,481
40,480

39,078

103,009

2,808,551
37.031
90,284
401,422
390,324
4,050,008 2,379,104
47,371
39,048

.

273.398

r

....

8,915
852,138

1,691,435

31,016

1,831

.

Mobile
Charleston....
Savannah
Texa*
New York
Florida
No. Carolina

139.424
878,211
449,472
408,724

.

Virginia
Other

49,039
38,102
104,531

8EPT.I.

!0471
127,040

Mahogany

168,079
38,994
229,624

51.566

Logwood

..

1157,515
817,684
419,530 815,795
632,622 594,259
357,283
324,980
180,692
122,638
11,923
12,851
53,009
48,993
376,783
468,648
49,944
45,252

Total this year 3604,324

113,303

57,098

port*

7872.

j

1150,054
288,444

53,966

....

8344,470

Total last year

144,290
39,774

170,038

vYoods—
Cork
Fustic

....

1,420
597,433

....

....

Britain. [France.

For’gn.

Coast¬
wise
Ports.

Other
Total.

Stock.

148,378
i 57,205
176,133
206,837
87,100

237,212
6,995
37,974
35,522
21,792

259,191
35,983
41,607
159,026
43,558

1049,372
119,169
243,352

378,553

8,633

29,498

416,684

5,958
14,324
66,158

'368
7,2183
19.J549

6,326
21,557
85,772

1670,735

348,193

596,013

12614,941

1272,570

229,5S4

464,450 12280,634 1278,552

85.972

41,396
442,670

"65

552,969
76,191
163,771
220,716
192.095

1586,600

The market for cotton on the

20,472

SEPT. 1 TO—

i

Great

New Orleans

5,465,079 5,434,128298,156
319,845

Ginger
Pepper
Saltpetre

327,529

625

949

EXPORTED SINCE

RECEIPTS
SINCE

PORTS.

22,449

1873.

Cassia

806,824

2,599
3,060

Include from Balti¬
from Norfolk

70,221
51,425

Spices, &c.—

42,542

2,315,874

,

3,229
2,206
4,123

.

1,420

B

949

....

0

T

statement, it will be seen that, compared
week of last season, there is a decrease in
16,477 bales, while the stocks to-night are
20,705 bales less than they were at this time a year ago. The
following is our usual table showing the movement of cotton at
all the ports from Sept. 1 to May 15, the latest mail dates.

690,124

180,915
1,040,953
570,081
1,050,781

26,065

2.641,006

t

-1 OO ot

4,123

....

Nuts
Raisins
Hides, undressed..
Rice

r

.

„

t

From the foregoing
with the corresponding
the exports this week of

544,632

38,213

11,065
2,555

107,343
29,595
14,517
26,623
41,093
74,352
84,000

t

The exports this week under the head of “other ports”
more 25 bales to Liverpool;
from Boston 2C0 bales to Liverpool;
731 bales to Liverpool.

229,644

587,095
600,085
38,017
1,380

.

1873.

76,463
21,250
12,561
20,300
14,547*
126,698
35,000

,

....

1874.

22,333

15,553

•

$326,499 $1000,962
32,388
22,360
353,905
579,600
176,583
80,073

Corks

20,300
17,587

20,700

Contin’t

3,159

3,229

by

Cigars

342

319

1,485

50,704
14,000

Articles reported
value —

12,701

Hides, dressed..

260,719

2,183 Wool, bales

351

Bristles

1,129
101,310
73,411

Wines

1,8-30

11,044

4,till
2,230

Hemp, bales
Hides, Ac—
India rubber

Steel

Tin, boxes
Tin slabs, lbs
12,439
15,548 Rags
515,282 Sugar, hhds, tcs. &
bbls
3,493
Sugar, bxs A bag*.
13,470 Tea

13,871

Soda sal

3,058

320,289

Spelter, IbB

303
348

Madder

Oils, essential..
Oils, Olive
Opium
Soda, bi-carb—

Iron, RR. bars...
Lead, pigs

233,831
15,009
4,624

7,005

Coal, tons
Cocoa, hag*..
Coffee, bags

1,714

Stock.

Totaltliis Samew’k
1873.
week.

.....

....

Hardware

6,842
22,931

11,404
140,748
9,007
3,107

3,483

Earthenware.

12,399

Total
Since 8ept. 1

f

France

G. Brit.

NewOrleans.
Mobile
Charleston...
Savannah
Galveston
New York...
Other port**

Jan.1,’74. time 1873

China, Glass and

season :

Exported to—
May 22.

Jan.1,’74. time 1873

[May 23,1874.

CHRONICLE.

THE

53u

415.264

257,415

spot has been

21,061
13,809
24,237
17,v34

128,565

12^851

l*,Sf0
6,1)23
27,500

825,961
355,080

dull all the week.

-

Saturday there was a further advance of ic. for ordinary, the
quotation being 15}c. for all growths; but under the feeling of
depression which seemed to settle upon the market on Monday,
this advance became.more nominal than real, and on Wednesday

^f quotations were reduced |c., after which,
receipts at the ports, there was more steadiness, but
The receipts of domestic produce since January 1, 1874, and for
no improvement either in demand or prices.
The principal
the same time 1873, have been as follows :
causes of the reaction that has taken place may be found in the
dull and declining Liverpool market, the better weather and
Same
Since
Same
Since
time 1873
Jan.1,’74. time 1873
Jan.1,’74.;
improving accounts from the South, and a natural desire among
64,575 recent buyers for speculation, to realize the smart advance that
72,.500
3,289
2,717 Oil cake.... pkgaAshes
pkgs.
832
703
Oil, lard....
Breadstuff's, Ac.—
To-day, the market continued dull, but quota¬
50,977 has taken place.
17,759
Flour
bbls. 1,522,829 1,021,768 j Peanuts. .. ..bags.
Wheat
bush. 12,264,115 2,252,595 Provisionstions were well maintained, with Liverpool reported quiet, and
236,590
Butter
289,523
Corn
7,705,224 2,597,920
receipts at the ports quite small. For future delivery the past
190,225
150,193
Cheese...
(tat.*
3,324,300 3.097,83d
365,376 week has been one of considerable excitement, with frequent and
Cutmeats
204,259
354,224
3,523
Rye
209,952
239,437
521.400
537,300
EggB
Barley Ac
Between the highest figures on
89,588 sharp Actuations in prices.
81,309
Pork....
59,175
34,107
Grass" seed. bags.
14,789 Saturday and the lowest on Monday, there was a difference of #c.,
Beef. .1.
13,979
18,873
31,309
Beans
bbls.
245,206 and a regular “scoop” seems to have been practised, as is some¬
Lard
150,201
18,431
222.H25
Peas
bii'h.
14,834 times done with “fancy” securities on the Stock Exchange.
18,610
Lard
95,400
104,908
bbls.
The
C. meal
.ke^s.
5,950
10,408
378,758 Rice
.pkgs.
Cotton
bales.
447,309
business on Tuesday was unusually large, with a feverish market
125,920
142,781
Starch
2,515
1,402
Hemp
bales.
7,855 and some decline, which was continued on Wednesday; yesterday
10,592
250,897
323,803 Stearine...
Hide*
No.
there was more firmness, but a small business.
5,757 (Sugar
The influences
7^489
Hops
bales.
681
234
.hhds.
Leather. ...sides.
1,377.220 1,031,995 | Sugar
17,827 affecting cotton on the spot, as above noted, have been felt in
10,252
22,409 j Tallow... . ..pkgs.
(<
Molasses... bbls.
22,394
futures,” and an element of depression, to be noted, was a
81,004
01,013
Naval Stores—
33,916 rumor, apparently well authenticated, that President Grant had
34,892
4,025 i Tobacco... .hhds.
6,642
Cr. turp. ..bbls.
72,101
91,880
21,594 (Whiskey...
24,193
avowed his intention of vetoing the new inflation bill which has
Spirits turpen...
.bales
28,225
15,351
200,704 Wool
Rosin
135,190
93,812 recently passed the Senate, should it also pass the House.
107,793
22,708 Dressed Hog*.. No.
31,259 ;
Tar
931 1
To-day, there was a firmer, but quiet market, and except an
1,803
Pitch
adyance of i-32(a)l-16c. in prices, there was no new feature. After
’Change there was some decline for the summer months, and the
COTTON.
final prices, as compared with yesterday, showed a slight advance
Friday, P. M., May 22,1874.
for May and the next crop, but for July and August a slight.
decline. The total sales for forward delivery for the week are
By special t'elegrams received to-night from the Southern ports
167,200 bales, including
free on board. For immediate
we are in possession of the returns showing the receipts, exports,
&c., of cotton for the week ending this evening, May 22. It delivery the total sales foot up this week 5,472 hales, including
356 for export, 3,996 for consumption, 670 for speculation,
appears that the total receipts for the seven days have reached
Of the above,
bales were to arrive.
23,486 bales against 26,284 bales last week, 24,188 bales the pre¬ and 450 in transit.
vious week and 29,829 bales three weeks since, making the total The following are the closing quotations :
receipts since the firstof September, 1873, 3,627,810 baiesagainst
j>ew
Upland and
Texas.
Mobile.
Orleans.
Florida.
3,378,514 bales for the same period of 1872-73, showing an in¬
crease since September 1, 1873, of 249,296 bales.
The details of Ordinary
15%®....
15%®...,
15%®....
15%®...
per lb.
the receipts for this week (as per telegraph) and for the corres¬ Good Ordinary
17%
17 @....
17%®....
16%®....
17 11-16
17 11-16
17%®....
Strict Good Ordinary
17%®....
ponding weeks of the five previous years are as follows:
18 @....
lu%®....
18%'®....
17%®... '
Low Middling
Receipts of Domestic

the whole range

Produce.

with small

•

...

....

J

.

.

„

,

Received this week at—

tfew

Orleans
Mobile

Charleston*
Savannah
Galveston

Tennessee, Ac
Florida
North Carolina

Norfolk
Total this week
Total since Sept. 1

bales.

1872.

1873.

1874.

9,009
1.992
2,417
1,296
1.993
3,321

9,131

3,477

1.872

827

2,671
1,233
1.839
7,910

17,100

2,997

2,691
2,200
3,970
5,083
4,844

1,110

1,472
-

1871.

538

1370.

1869.

Id,331
3,523
2,7-8
7,592
5,891
3,682

4,802
2,583
1,«36
3,536
244
157

281

’493

819

3,123

5.839

1,412

3,346

2,061

2,561

‘23.438

34,044

12,003

40,178

44,055

18,073

3,627,810 3,373,514 2,641.119 3,756,898 2,719,023

2,020,252

Charleston last week were only 2,577 hales,
omissions, and should have been so stated bad

*
We find that the actual receipts at
the balance reported being previous
we been aware of the fact.

•

The exports for the week ending this evening reach a total
26,065 bales, of which 20,700 were to Great Britain, 3,945
France, and 1,420 to rest of the Continent, while the stocks




of
to
as

19%®....
20%®....

19%®....

20%®....

20%®....

@...

Below we give the sales of spot and transit cotton and
Uplands at this market each day of the past week :
Con-

Exp’t.

Spec-

sump. ula’n

1,337

Monday
Tuesday

846
596

Wednesday

685

236

2tK)
332

*2

Tran¬
sit.

136
SOI

Saturday

Thursday..,
Friday
Total

'356

price of

PKtOKB..

SALKS.

757

154
593

125

18%®....

20

Middling
Good Middling

1,747

61
109

18

18%®....

5

■456

Good
Total.

I

00%8

Low

Mid

Ord’ry. Ord’ry. Midl’g. dlinp
15%
15%
15%
15%
15%
15%

17
17
17

18
18
18

16%
16%
16%

17%

....

18%
18%
18%
18%
18%
18%

....

17%
17%

I

356

3,996

670

450

5,472

....

....

board
of

For forward delivery the sales (including — free on
have reached during the week 167,200 bales (all low middling
on the basis of low middling), and the following is a

statement of

the sales and

prices

;

THE CHRONICLE.

May 28, 1874 J
For May.
Cts.

bales.
100...
200...
300 8.
700...
100...
100...
900...
100...
200...
200...

cts.
Dales.
till 10th. --..18%

1711-16
17 23-32

500
2C0
600
800

17%
17*:

n

.18 5 32
.18 3-16
18 7-82

17 15-16

.

.13 9 32
.18 5-16
18 11-32

500

IS 13-32

200

300...

4,(XX)
3,500

.IS 7-16
18 15-32

1,100...

400

....18%

m

700

IS 9-32

100.*.

..

100.
600.
200.
500.
200.

1,800.

cts.

we expressed our “ sense ” three week
since.
With regard to the delegates to be selected, the New Orleans
Times very properly suggests that the ablest men belonging to
each Exchange should, in every case, receive the appointment.
The permanent usefulness of the gathering must very largely

circular, about which

18 13-32

18%
18 9-lri

18%
IS 25-32
IS 13-16

For August.

13%

1.900...

1,600

1311-16
....18 23-32
18%
18 25-32
18 13-16
18 27-82

..

800...

3,100...
1,400...
2,600...

57,100 total June.

500...
—

..13 29-32
...18 15-16

2.900...

1,000

1,500...

.

60,300 total July.

100
600

bales.

1,900.

1,500...
1.900....
2,609
2,600...

.

900
17 13-16

cts.

bales.

For July.
..18 9-32
1,700
..18 5-16
1,600
.18 11-82
5,200

900...
700...
800...
500...
700...
100...
100...
2U0...

18 29-32

11,500 total Sept.

upon carrying out faithfully this suggestion. We learn
that New York is to be especially well represented ; much good
can be anticipated if all the delegates are selected with the

depend

For October.
17%
2,190.

1,000.
100.
500
200.
200.
300.
300.

531

17 27-32

same

wisdom.

17%

The Situation in the Mississippi Valley.—So far as the
flooded district is concerned, crop prospects have been improving

18 1-16

-1S%
.18 5-32
18 3-16

daily. Our estimate given two weeks since was that the land
reported to be covered by water might in a good season pro6,200 total Oct.
...18%
12,800
duce 350,000 bales of cotton; at the same time we stated that
For November.
.18 13-32
4,400
17 9 16
19 3-16
100
..18 7-16
2,709...
very much of this would necessarily be recovered, and that possi¬
4,500
19 7-32
100
U%
18 15-32
MOO...
5,500...
2,800
bly the loss of crop in tlie Mississippi Valley might, as in 1850,
1711-16
1U0.
700...
13%
15.3)0... ...17 29-32 V 6:500
17 31-32
ICO.
be wholly made good.
.10 17-32
17 15-16
1,500
Since then, those best able to judge of
5,300...
909.
..18 S-16 22,300 total Aug.
17 31-32
1.700
2,500...
the extent of the damage done in the States in question have
18 IS-32
700
2,5‘JO...
For September.
1,303 total Nov.
18 1-32
2.700
....18%
2,900...
gradually but constantly been lowering their figures until now
13 7-32
For December.
800...
.18 21-82
2.400
200 no not.
one of our correspondents in
Louisiana, a very careful observer,
400.
9UU
17%
.13 IMG
18%
till 10th. .18 1-16
1,100.
18 9-32
500.
17%
400...
IS 1-16
1,200
3,100... *;
gives 200,000 bales as the extreme possible estimate of loss, with
18 5-16
100
.18 25-32
1,600...
18 3-32
1,600...
100,000 bales as the more likely figure, leaving for a future day
18 11-32
900 total Dec.
800
.18 13-16
2,500...
200 no not.
to determine whether even the lower estimate will not have to
The following will show the closing prices each day on the be further reduced. Bearing on this subject of recovery from the
basis of low middling uplands, for the several deliveries named:
flood, the Memphis Avalanche of the 14th inst., in referring to
Frl.
Wed.
Thurs.
Tues.
Mon.
the flood of 1859, says that in the spring of that year “ the Ohio
Sat.
Frl.
18
17%
18
18
17%
17%
On spot
18
“River rose thirty feet on the falls at Louisville, and fearful
17 25-3J
17 23-32
13
17%
18%
18%
May
IS*
•
17 29-32
17 29-32
18 1-16
18 7-16
17%
18%
June
IS 7-16
ravages of the flood, which continued for seventy days, were
18 9-16
18%
18 29-32 -18%
18%
D%
July
18%
“suffered in the Mississippi below Cairo. In all, there were
18 21-32
18 13-16
18 25-32
18%
18%
19 3-16
August
1!) 8-31
18 17-32
18%
18%
about thirty-five crevasses in the Lower Mississippi, and the
13%
18%
September
18 23-32 18 13-16
17 13-16
17 21-32
13 5-82
17%
17%
17%
October
18 1-32
river did not subside till the last of May.
Notwithstanding
17 9-16
17%
17 11-16
17 31-32
November
18
17%
“these drawbacks, planters were enabled to produce good crops
17%
17%
December
17%
112%
112%
iii%
112%
112%
Gold
112%
112%
even in the inundated regions of the St. Francis, the Tensas,
4.S6
4.06
4.86
4.86
4.86
4.86
Exchange
4 86
650
690
921
601
the Yazoo, the Red and White Rivers, and the total that year
i, :<)3
1,147
Sales spot
1,795
19,300
24,900
80,900
41,600
27,400
23,100
Sales future... 21,400
“was never exceeded before or since, being 4,801,292 bales.
There were also severe frosts as late as the middle of May, killWeather Reports by Telegraph.—The weather has every¬
ing considerable of the crop in Texas.” These facts of course
where continued favorable the past week, except that in some
do not, and are not, intended to prove that a similar result is
sections more rain is needed.
Dry weather succeeding excessive assured for this year. With, however, such a history before us,
spring rains always leads to complaints of the newly-planted seed one can well afford to wait, especially when the work of restora¬
tion appears to be so satisfactorily progressing.
not germinating well. This is more especially true of the Atantic
becoming baked and hard. In portions of
States, where the land is
Norfolk Receipts.—At tlie request of some of our Virginia
that section, therefore, rain would now be peculiarly beneficial. friends, we change to-day the beading “Virginia ” to “ Norfolk ”
There has been no rain through the week at Galveston; crop ac¬ in our tables. This is done for the reason that all the foreign and
nearly all the coastwise movement of that State is through Nor¬
counts are increasingly favorable and promising; the fields are
folk, and hence that city may with propriety be taken as repre¬
clear of weeds ; stands are not first-class in some sections, but in senting the State so far as cotton is concerned. The Norfolk
most sections the plant looks strong and healthy; we begin to Landmark—a paper, by the way, which exhibits a degree of enter¬
need rain but not badly ; the wheat crop is being cut and will be prise surpassed by no other paper in the State—is helping very
largely to bring into notice the commercial importance of that
large; fruit promises abundantly. At New Orleans the weather port. The exhibits of its trade which the Landmark from time
has been warm and dry all the week. It has rained on two to time publishes serve to indicate the wonderful growth of the
days (only slightly) at Memphis, the rainfall reaching eighteen city commercially during late years, aud the promising future
which lies before it.
hundredths of an inch, the rest of the week being pleasant;
Bombay Shipments.—According to our cable despatch received
the total tall in the river now has been ten feet; planting is
proceeding briskly on the land which was overflowed ; cotton to-day, there have been 47,000 bales shipped from Bombay to
stands are generally poor and want rain. At Nashville they Great Britain the past week and 28,000 bales to the Continent,
while the receipts at Bombay during the same time have been
have had a shower on one day, the rainfall reaching thirty
eight hundredths of an inch; the weather is too cold and 58,000 bales. The movement since the 1st of January is as
more
rain is needed.
They have’ had two showery days follows. These are the figures of W. Nicol & Co., of Bombay,
and are brought down to Thursday, May 21:
at Mobile, the rainfall reaching fifty-seven hundredths of an inch;
the crop is developing promisingly.
At Selma it has rained on
r-Shipmente this week--, .—Shipments since Jan. 1—x ,—Receipts.—*
ConGreat
ConGreat
This
Since
one day, a light shower ; the days have been warm but the nights
Britain, tinent. Total.
Britain, tinent. Total, week.
Jan. 1.
have been cold.
There has been a slight rain on three days at
1874
47,'00
75,000 536,000 290,000 820 000 58,000 1,022.000
28,000
Montgomery, the rest of the week being pleasant and the rainfall 1873
52.000
10,0)0
62,000 473,000 143,000 616,000 42,000 799,OOj
reaching only thirty-six hundredths of an inch. It has not rained 1872
iJO.UUO^ 13.004 49,000 452,000 204,000 656,000 33,000 716,000
at all at Atlanta and the nights have been cold, but the days have
From ell*, forbgoing rt Troula appeal that compared with last
been warm; planting is now about completed ; they complain
pear there is an increase of 13,000 bales this year in tlie week’s
that the stands are poor and are needing rain.
There has been
no rain at Macon.
At Columbus it has rained on two days; the shipments from Bombay to Europe, and that the total move¬
ment since Jan. 1 shows an increase in shipments of 210,000 bales
nights have been cold but the days warm ; in this vicinity more
corn and less cotton has been planted.
It has rained on two days compared with the corresponding period of 1873.
at Savannah ; crop accounts are more favorable.
At Augusta
Egyptian Cotton.—We see it stated by a correspondent of
they had a very light rain on one day ; rest of the week pleasant, the Manchester Guardian that considerable dissatisfaction has
with days warm aud nights cold ; the rainfall amounted to three
been expressed, during the past few years, by the fine spinners
hundredths of an inch. The thermometer at Galveston has aver¬
of Bolton and other users of Egyptian cotton, at the deterioration
aged 76 ; at, New Orleans, 77 ; at Memphis, 70; Selma, 75 ; Mont¬ in
quality aud irregularity of staple, which, commencing with the
gomery, 78 ; Mobile, 74; Atlanta, 7o ; Macon, 74 ; Columbus, 75 :
scarcity caused by the American war, have gradually increased
Savannah, 77 ; Augusta 72 ; Nashville, 67.
until a memorial to his Highness the Khedive is about to be
Convention of Cotton Exchanges at Augusta.—We find transmitted to Egypt, petting iorth the grievances complained of.
the following in the Augusta Chronicle and Sentinel of May 14, The principal points of the memorialists are these:
1. Egyptian
and very gladly give place to it:
It is
cotton used to be brown, silky, long, and regular in staple.
now in very many cases mixed in color (brown and white), silky
Meeting op the Cotton Exchanges.—The representatives of the various
and harsh staple mixed, and irregular in length of staple. 2. That
Cotton Exchanges of the country will meet in convention in this city, on
Wednesday. June 10. Each Exchange is requested to send five delegates. this irregularity in color and staple is caused by the mixture of
The merchants of this city will make ample preparation for the reception and
seed. 3. That this mixture is principally due to the fact that
entertainment of the gentlemen in attendance at the convention. Our
exchanges are requested to publish this notice, in order that there may be no plauters have to purchase their seed from the large ginning fac¬
tories.
4, That unless this evil can be remedied the me¬
misunderstanding as to the time of the meeting.
^
morialists will be compelled to abandon the use of Egyptian
This notice is issued in compliance with the resolutions passed
cotton.
The first complaint is undoubtedly well founded,
by the New Orleans and Augusta Exchanges, and will, we have
for, unless in the finest grades, it is now very difficult
no doubt, meet with a hearty and general response.
We can con¬ for
meet with
Egyptian cotton, either
spinners to
ceive of no pleasanter re-union; and if it gkall also result, even to
brown or white, that is regular in length or silkiness of staple,
a limited
extent, in adding to the accuracy or fullness of any
even in the Liverpool market; and still more so when they buy
statistical reports with regard to cotton, not the South alone, but
to arrive,” or “cost and freight.”
The result of such admixture
the entire cotton consuming world will be the gainer. It is hardly
of color must of course be to produce a streaky yarn ; the result
necessary to add that the best wishes of every man in any way
of such irregularity of staple is to cause breakages and a staring
connected with the trade, will go with this effort, controlled as it
7,100 total May

For June.
17 25-32
100...
17 13-16
2,400...
17 27-82
2,200...

.

19 1-16
19 3 32

1,500.

then

1

.

..

—

“

“

_

“

....

....

....

-

“

“

“
“

“

bo

evidently is by far wiser heads




than gave birth to that funny

yaw,

This, Which might not be of such great matter in

the

532
lower counts, becomes

(May 23, 1874,

CHRONICLE.

THE

Week ending May

of paramount importance in the fine Bolton

It its not, therefore, to be wondered at that spinners Augusta
have seen fit to express themselves strongly in the matter. As Columbus.
regards the second point also, there can be but little doubt that Macon......
spinnings.

are

It is well known that

correct.

among

the

induced by the cotton famine and consequent
high prices, American seed was largely introduced both in India
and in Egypt.
In India this has led to a great improvement in
quality and staple, notably in saw-ginned Dharwar. In Syrarna
cotton the result was fairly
satisfactory, although perhaps
the experiment
was
hardly carried out* to an extent
sufficient
properly to test its value; but in
Egypt
it has undoubtedly led to a practical deterioration of
the
cotton produced; for the Americau seed is, of course, about
as incapable of producing the old-fashioned brown silky Egyptian
cotton as the seed of a dog rose would be of producing a “ General
Jacquemot.” Unfortunately, however, and here we come to the
third point of the memorialists, the seed has, as a rule, to be pur
chased from the ginning factories, who, either from inability,
carelessness, or other causes, mix together the three qualities, i. e.,
the genuine Egyptian, the American, and what we may call the
bastard Egyptian or Egypto-American seed—that is to say, the
seed from the plant grown in Egypt from American imported
seed. As regards the fourth point, it is difficult to see what the
memorialists are to do if they abstain from using Egyptian cot¬
ton.
The supply of Sea Island, even when supplemented by Fiji
and other cognate growths, would be utterly insufficient for their

4,136
1,212

5,803
1,591

28,333

4,313

8,201

6,671

537

577

Total, old...

6,899

9,567

60,718

6,480

13,643

65,879

Shreveport....

656
78
869

821
48

1,724
1,258

1,089

2,793
1,272

2,826

1,728
2,618

8,935
12,027

973
250
606

3,330

2,155

4,100
14,812

4,429

5,215

23,944

5,159

4,445

22,977

Total, all... 11,328

14,782

84,662

11,639

18,088

85,856

Montgomery
Selma

Memphis....

Atlanta
St. Louis
Cincinnati

Borneo

bales

more

samepeiiod last year. The receipts have been 419

than the same week last year.

The exports of cotton this week from
increase as compared with Jast week, the

bales, against 2,573 bales last

Total Great Britain stock

160,250

924,750
11,500

Stock at Barcelona
Stock at

911,250
145,000
18,000

.

141.500

Exports oi Cotton (bales) from New

Hamburg

Stock at Bremen
Stock at Rotterdam
Stock at Antwerp
Stock at other continental ports

EXPORTED TO

461,750

Total continental stocks

May*

6.

13.

20.

6,834

2,573

4,123

382,676

6,834

2,573

4,123

382,676

407,650

Havre
Other French ports

6,932
1,701

4,557

Total French

8,633

4,557

Bremen and Hanover

19,545
4,043
3,238

17,182

26,826

29,554

10-804

Liverpool

10,804

Total to Gt. Britain

342

Hamburg

554,00C

All others

487,000

.

1,386,500

Total

603.000

Egypt, Brazils, Ac., afloat for Europe

a

United States exports to-day

Of tlie

252,000
115,000

327,529
65,879
6,000

211,020

2,912,042

supply

35,203
4,000
2,733,222

2,836,658

above, the totals of American and other descriptions are as follows:

American—

Americau afloat to

352,000

299,000

228,000
369,000
327,529

60,718
5,000

65.879

147,000
252,000
211,020
35,202

1,348,408

..

Europe

United States stock
United States interior stocks

United States exports

to-day

Total American

East Indian, Brazil, &c.—
Liverpool stock
Continental stocks

India afloat for Europe
Egypt, Brazil, Ac., afloat
Total East India, Ac
Total American
Total visible

4,000

6,000
-

948,222

399,000

105,000

535,000
115,000

1,488,250
1,348,408

1,785,000
018,222

2,836.653

2,733,222
11 Yd.

1,533,542

bales. 2,912,043
supply
Middling Uplands, Liverpool
8#d

160,250
326,000
498,000

8j<d.

*

559,000
236,000

350,000
137,750
217,750
603,000
70,000

340,0C2

These figures indicate an increase in the cotton in sight tonight of 75,384 bales as compared with the same dute of 1873,
and an increase of 178,820 bales as compared with tip* correspond
ing date of 1872.
Movements

of

Cotton at Tna Interior Ports.—Below

we

give the movements of cotton at the interior ports—receipts and
shipments for the week, and stock to-night and for the correspond¬
ing week of 1873:




«

•

4,648

7,724

25

2,741

2,647
2,672

2,741

420.807

444.502

....

....

6,834

4.123

2,573

The following are the receipts of cotton at New York, Boston,
Philadelphia and Baltimore for the last week, and since Sept. 1/73:
PHILADELPHIA

BOSTON.

NEW TORK.

This

Since

week.
New Orleans..
Texas
Savannah
Mobile
Florida
9’th Carolina.
N’th Carolina.

Sept. 1.

3,471
-

492
631

92,238
41,983
129,1481

5,212‘

2,372

I,8i9
311
943

Since

Sept.l.

161

North’rn Ports

Tennessee, Ac

2.819
234

Total this year

11.162

859,373

Total last year.

21,298

798.098

854

This
week.
144
....

16
,

,

947

82,888
2l6 22,299

13,824

1,832

....

9,066
*-

,

.

♦

....

....

....

•

331

72.303

Sept.l.

322

Since

....

19,590
1.268

Since

This
week.

3,046

32.375

12,669
39,651
10,454

BALTIMORE.

Sept.l.

,

127,692

128

Foreign

This
week.

17:

....

23,003!
243,381!
11,458
183,511
1,730

Virginia

7,407
...

*

....

...

7,836
36 15,872
913 60,882
161

.

,

,

.

.

5

447

4,641

291

14,427

5,494 292,261

782

35,778

1,437 103,502

2,529 301,748

1,051

45,872

1,672 94,157

32

Shipping News.—The exports of cotton from the United States
the past week, as per latest mail returns, have reached 62,493
bales. So far as the Southern ports are concerned, these are the

are

reported by telegraph,and published in The Chron¬
Friday, except Galveston, and the figures for that port
theexports for two weeks back. With regard to New York,

we

include the manifests of all vessels cleared up to

sameexports
icle

1,378,500

London stock

Price

437,000
244,000
480,000
308,824

bales. 1.533,542

Liverpool stock
Continental stocks

•

....

11.688

Grand Total

•

..

....

535,000

369,000
105,000

70,000
306,824
60,718
5,000

Stock in United States ports
Stock in United States interior ports

Total visible

498.000

....

....

....

884

Spain, Ac

1.581,000

430.000

India cottou afloat for Europe
American cotton afloat for Europe

1,465.250

530

‘542

Spain,Oporto A GibraltarAc

67,000
25,000
20,000
86,000
5,000
31,000
52,000

407,120

Other British Ports

rkcb’ts promTotal European stocks

May.

May

Total to N. Europe.

33,000

.

lime
prev.
year.

date.

29.

88,000

15,500
47,000

Stock at Amsterdam

Same

Total
to

185,000
16,000

38,000
53,000
82,000
32,000

36,000
79,000
30,250

York since Sept.lt 1873

WEEK ENDING

1,094,000

65,000

79,500
21,500

Below we give our usual

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, 1873; and in the last column the
total for the same period of previous year.

Other ports

Stock at Havre
Stock at Marseilles

week.

New York show an

total reaching 4,123

858,000
236,000

751,000

137,750

315
886

1872.

1873.

787,000

'

29,831
10,114

Apl.

by cable and telegraph to-night. The continental stocks are the
figures of last Saturday, but the totals for Great Britain and the
afloat for the Continent are this week’s returns, and consequently
brought down to Thursday evening; hence to make the totals the
complete figures for to night (May 22), we add the item of exports
from the United States, including in it the exports of Friday
only.
Liverpool

....

than, at the

Visible Supply op Cotton as Made up by Cable and Telegraph.—Below we give our table of visible supply, as made up

Stock at London

,

943

3,471

The above totals show that the old interior stocks have decreased
during the week 2,658 bales, and are to-night 5,161 bales less

is held at 12c. Native at 9£@10c.
In jute butts the sales in lots
have footed up 1,500 bales at 2£@2£c.
There have been some ar¬
rivals recently, and the close is easy with buyers holding off.

Stock at

4,004
3,293

156
733
230
240

Gunny Bags, Bagging, etc.—The market for bags is entirely
nominal for round lots, held at 12c. Cloth has been duller than
for some time past, and we can only report 50 rolls gouripore at

1874.

Receipts. Shipments. Stock.
873
2,306
8,901
950
166
5,868
49
471
5,600
532
237
4,456
606
305
1,109

14,003

252
116
100
229

wants.

12c., and 500 rolls domestic, for August delivery, at 12|c.

814

854

..

the memorialists
other experiments

22,1874—«*■ -Week ending May 23, 1873.—»

Receipts. Shipments. Stock.

last

night of this week

:

Wednesday
Total bales.

New York—To Liverpool, per steamers City of Chester, 816
..City
of New York. 736 ...Abyssinia, 61 Sea Island
Canada, 1,593
..Adriatic, 722
per ship Naturalist, 195.
/
4,123
Nsw Orleans—To Liverpool, per steamers Chilian, 2,101
Alice,
2,280
per ships Preston, 2,792 ...Norfolk, 3,672.:
10,345
To Queenstown, per bark Valkyrien, 1,177
1,177
To Havre, nor ships Nunquam Dormio, 3,525
Tkeo. Koerner, 3,157
per bark N. S. Elmenhorst, 1.935
...
8,617
To Bremen, per bark Iris, 1,340
1,340
To Crons tacit, per barks Catharina. 1,781
Gusta Helene, 1,001.... 2,782
Mobile—To Narva, per ship Sawley Chludow, 3,000
3,000
Charleston—To Liverpool, per steamer Ponce, 1,691 Upland and 179
Sea Island
1,873
Savannah—To Liverpool, per bark Liverpool, 2,148 Upland...
2,148
To Cork for orders, per bark Emily, 1,115 Upland
1,115
To Bremen, per barkErna. 2,066 Upland
2,066
Trias—'To Liverpool, per ships Progress, 4,800.. .Ironsides, 4,100....
Maud, 3,300... per barks Umari, 1,583 — Success, 1,283
To Cork for orders, per barks Magnus Lagabotex, 1,120....Frey, 764
To Havre, per barks Diamant, 775....Lyaia, 820....Cremona,

1,800

BjtBunet, 1,000... per brig Trio, 930

,

15,066
1,884

May 23,1874.]

Baltimore—To Liverpool, per steamers Gnillenno, 96....Nestorian, 328
Boston—To Liverpool* per steamers Olympus, 707
To British Provinces, per
1

424
707
1
'

,

<

62,493

Total

The
^re as

particulars of these shipments, arranged in our usual form
follows:

Liver-QueensBre- Cron- Nar- Brit.
pool. town. Cork. Havre, men. stadt. va.
Prov. Total.
New York
...4,123
4,123
New Orleans....... 10,845 1,177
8,ol7 1,340 2,782
....
24,761
3,000 ....
Mobile..'.
3,000
Charleston
1,873
1,873
Savannah..
2,148
....
1,115
....
2,006 ....•
5,329
Texas
15,066
1,884 5,325
....
22,275
Baltimore
424
424
Boston
707
1
708
....

...

..

Total

Below
to

give all

2,999 13,942

1,177

35,186
we

3,406

1

3,000

2,782

62,493

received, during the week, of disasters

news

vessels carrying cotton from United States ports:

Abby Ryerson (Br.). ship, from Mobile for Reval, was floated from Nevaa
Bav, and taken to Elsinore May 3 by salvage steamers.
Hattie Page. schr.. from Mobile for Boston, was at Lewes, Del., May 19,

reported leaking badly.
Cotton

freights the past week have been as follows :
Liverpool.

,

.

—

1

1
1

...

1

...

.

®3-16

—

®

X
X
X
X
X
X

•

•

—

c.

c.

c.

c.

c.

c.

3-16®....
®...
...,®....
®....

Saturday.. i(®
Mon day... 7-32®#
Tuesday.. .7-32® V.
Wedn’day.7-32.®#
Thursday. ..®3-16
Friday

,—Bremen —Hamburg.
/—Havre.
Sail.
Steam.
Steam. Sail. Steam. Sail.

,

Sail.
d.

Steam.
d.

1®..
1®..
1®
1®..
Ajcomp. #®..
«comp. #®..

%comp.
X corap.
#comp.
#comp.

*<&..

X®:.
&®..
#®.

X
X
X
X
X
X

.

Liverpool, May 22—3.30 P. M.—By Cable from Liver¬
pool—The market lias ruled quiet and steady to-day.
Sales of
the day were 10.000 bales, of which 2,0G0 bales were for export
and
The

speculation. Of to-day’s sales 6,000 bales were American.
weekly movement is given as follows :

781,000

142,000
12,000
40,000
772,000

413.080
47,000
27,000
10,000
674.000

412,000
89.000
48,000
8,000
672,000

275,000

75.000
7,000
10.000

272 000

6,000
6.000

804,000
422,000
85.000

20,000
10,000
615,000
261,000

following table will show the daily closing
Satnr.

7,000
9.000

787,000
437,000
76,000
57,000
8.000

671,000
238,000

prices of cotton for the week
Thurs.

Wednes.

Tues.

Mon.

May 22
03,100

May 15.

May 8.
73,000

May 1.
Sales of the week
bales.
of which exporters took
of which speculators took
Total stock
of which American
Total import of the week
of which American
Actual export
Amount afloat
of which American
The

Fri.

mX ....®8tf
..@8*
.."..@8%
....@8# ....@8# ....<£8#
European Cotton Markets.—in reference to these market
our correspondent in London, writing under the
date of May
9, 1874, states:
Mid’g Uplands .M8X
do Orleans. ..®8&

8*(&8X
8^®8#

®8*6

...

following are the prices of middling
qualities of cotton, compared with those of last year:
Fair &
—Good & /—Same date 1873Liverpool, May 7.—The

Mid. Fair. Good.
Ord.& Mid—
g’d fair—
Fine.
26
18
38
21
32
23*
21
15
16
24
20
23
17
20
19
18
16
15
M.F,
G.Mid. Mid, F. Mid. G.Mid.
Mid.
G.Ord. L.Mid.
8%
9#
9*
8 5-16
715-16
sx
8%
7#
Upland.. 6#
m
9^
8%
8
8«
8%
7#
sx
Mobile..
6X
10 X
9*
8 7-16 8%
9X
9#
8 1-16
N.O& Tex 6#
-1%
8ea Island..
Florida do
Ord.
..

..

the
export have been :

Since the commencement ol
tion and for

year

the transactions on specula¬
Actual
Actual exp. from
Liv., Hull & other exp’t from
U.K.iu
outports to date—,

this date—.
1872.
bales.
132,740

48,477

1873.
bales.
■47.015

8,392

2,995

4,220

59.370
27.370

2 703

2.230

9,990

4,178
57,268

29.270

412,600

113,636

591,490

1874.
bales.

1873.
bales.

American....

80,180

45,210

Brazilian....

5.110

1,570

Egyptian, &c.

6,710

1874.
hales.

.

India, &c. 2,000
B. India, &c. 27,690

650

3.030

28,500

162,320

4,764
102,748

121,690

80,150

384,830

167,084

W.

Total

The following statement shows
tor the week and year, and also
on

Egyptian
4,830
Smyrna & Greek ( R1n

30
230

■

,

6,130

,

.

—■

American

9,226

997.031
197.006

2,487
Egyptian r
85
Smyrna & Gr’k

147.273
1.646

Total

1.900

31,620

18,520

338,120

date
1873.
968.815
153.670

,

Total.
1873.

1,871,991

136,553

142,775
12,329
27,380
224,9U1

468,070
309,739
16,102
113,041
757,603

47,237 1,499.115

1,529,879

3,536,516

1,764
6,320

34,260

116,930

1874.
38,150
6.820

109,420

5,920

6,050

113,720

Imports.
To this

To this
date
1874.

Brazilian
W. Indian
East Indian...

1873.

19,606

1873.

6,080

4,830 1 . ocq
1,930
41,000 1
285,010 11,683 10,990

Deliveries
Stocks, May 7

115,680
1,910
13,610
103,210

780,710




markets
seaboard
are exceptionally light.
To day, the market was lower at 86e@
86£c for prime mixe#. A load of Canada West barley, tbe last of
liberal, but. as has been the case, the calls upon those
for home consumption continue large, and stocks on the

sold to-day at $1.50.
Rye has declined, and several boat loads of prime Canada have
been sold at $1.08 in bond, with other lots at $1.05@$1.09. Canada
peas have been m more liberal supply and have declined to 97$c
®$1 in bond.
Oats advanced early in tbe week, on the anticipation of a reduced
supply, and several cargoes of No. 2 Chicago sold at 64$@65c, and
choice white at 67@68c., but latterly free receipts by rail have
caused some depression, and to-day there was a speculative move¬
ment in No. 2 Chicago at 02$®G3c., closing firm.
The following are the closing quotations :
the season,

Flour.

Grain

i

$ bbi. $4 50® 5 25

No. 2

}

5 40® 5 75

ern...

City shipping extras.
City trade and family
..

brands.
Southei n bakers’ and fa¬

mily orands
shipp’gextras..
Rye flour, superfine
Corn meal—Western, &c

6 20® 6 50
6 00® 6 40
6 75® 8 25

6 50® 9 75

6 35® 7 00

No. 2
No. 1
Red Western
Amber do
White
Corn-Western mixed—
White Western
Yellow Western

780,920

25® 10 0C I

76,447
135,712

127,227

220,377

168,665

150,935

60®
62®
63®

75® 8 00

J

White

61
64
66

nominal.

Barley—Western

40® 5 85 I
40® 4 75

88

90® ?2
1 0-i® 1 08

8 75® 9 50 I Oats—Black...
Mixed

8
6
5
4

87
90

do.
do.
97}$® 1 25

Canada West
State...

4 85® 5 00 l Peas—Canada
The movement in breadatuffs at this market has been as follows :
RECEIPTS AT NEW YORK.
EXPORTS PROM NEW YORK.
„

/

*
1874.
For the
Since
Jan. 1.
week.
,

Flour, bbls.

C. meal, “

85,536

1,522,828

Since
Jan.
1, 1873.

1,021,768

«

1874.
.
For the
Since
week. Jan. 1.

47.785

860.546

.

LAKE AND RIVER PORTS FOR THE

16,

MAY

592,960

93,036

84®
68®
8b®

Corn meal—Br’wine. &c.

281,800

1874.
Bales.

1 55® 1 58
1 60® 1 62
1 70® l 85

Southern, white
| Rye

RECEIPTS AT

239,510

.

spring,bush.$1 38® 1 42
spring
1 45® 1 52
spring
1 54® 1 E6

Wheat—No.3

77,830

206,761
...

olenty, and with a good demand the

22 130

1873.
Bales.

146,768

has not been

11,370 (
9,250 1

-Stocks.N
Same
31.
date
Dec.
This
1878.
1873.
day.
412.800 371.110
148,690
72.270
62,510
128,440
/

London, May 9.—The cotton trade has been quiet during the
some instances prices are somewhat easier. Annexed
are the particulars of
imports, deliveries and stock:
Imports, Jan. 1 to May 7

corn

77,410

59,310

week, and in

1878.
Bales.

Indian

average prices having been higher.
Tbe bulk of tbe business
for some days past lias been at 87c^874c for prime mixed, with
fair at 8Gc®8S$c and choice at 88c, the latter price including yel¬
low.
White corn has materially advanced, and choice Western
sold at 90c. The"receipts of corn at the West have continued

3,517
95,400
104.908
5,204
71.851
Wheat,bus. 1,857,115 12,264,115 2,252.595 1,225,102 11,110.987
Corn,
“ . 854.525 7,765.224 2,597.928 350,263 6,133,733
Rye,
“ . 105,408
354,224
3,523
7,938
379,354
Barley,&c..
43.094
524,400
....
537,300
Oats
460,540 3,324,366 3,047,630
2,585
51,048
The following tables show the Grain in sight
ment of Breadstuff’s to the latest mail dates

6,370 73,520 1,426,240 1,255,460 63,920

This
week.
27,355
..

weekly sales

699,240

1,030

61,020

Average

8.140

280
860

Same

5,150

500
210

half of June.

Southern

806,450
134,430

170

3,640

,

year.

depression, especially in the lower
grades, but the reduction in quotations brought out a more active
demand, followed by a slight recovery in prices. Some business
was done early in the week as low as $4.20 for No. 2 and $5.25
for superfine, and medium extras from winter wheat have con¬
tinued to be crowded off at a reduction, so that very good family
flours have sold at $7.50@$8. Patent Minnesota flours have been
active, and choice brands have brought extreme prices. St. Louia
and Southern flours have been dull. The demand for rye flour
has materially fallen off, but for corn meal the demand has been
active at advancing prices.
The low prices of flour, as compared
with wheat, continues to restrict production, and stocks at all
points sre believed to be quite moderate ; certainly the receipts at
the Western markets are not materially increased over last year,
while the receipts of wheat have been much larger. To-day the
market was dull and drooping, with further closing out sales of
winter extras at low prices. Corn meal was higher, with a sale
of Brandywine at $5.
Wheat has been rather more steady, but an effort to obtain an
advance has not been successful.
The supply has been lean lib¬
eral, but advices from the Erie Canal have shown great quantities
to be near at hand, and buyers have held off.
A slight advance
in freights has also operated adversely to sellers.
Latd trans¬
actions embrace No. 2 Minnesota and Milwaukee on tbe spot and
for May delivery at $1 53@1 53$, No. 1 Minnesota at $1 58@l 58$,
No. 2 Chicago and Northwest at $1 48@1 50, Canada Club in
bond at $1 56, and prime red winter at $1 60. The receipts at the
West continue large, and the movement towards the seaboard is
very brisk by rail and water transportation.
To-day there was a
further decline, with sales of No. 1 Spring at $1 5531 56 and No
2 Miilwaukee at $1 51(3)1 52 on the spot, and $1 48 for the first 2

Extra State, &c
Western Spring Wheat
extras
do double extras
do winter wheat extras
and double extras

18,880

M„ May 22, 1874.

some

120,750

period

Total
this

tion. Total.
4,800 40,450

port
1,900

West Indian.... J
Bast Indian...... 14,020
Total

descriptions.

Friday P.

Flour has shown

3uperfineStateand West¬

the sales and imports of cottoi
the stocks of produce on hand

sales, etc., of all
-Sales this week.Ex- Specula-

BREADSTUFFS.

473.
baies

Thursday evening last:

Trade.
American, .bales. 33,750
Brazilian
7,610

533

THE CHRONICLE

Chicago
Milwaukee
Toledo
Detroit
Cleveland
St. Louis
Total

.

.

AND FROM AUGUST

Wheat
Floor.
bbls
hush.
(196 lhO (BOlbfO
488.340
87,743

...

808,316

74,499
....

....

....

...

9,556
8,887*

37.040

18,597

15,250
89,937

124,691

1,513,382

1873.
Fortin*
Since
Jan. 1.
week.
,

26.561
445 095
3.342
67 618
304,341 1,895,755
200,485 4,629.505
30
26.323
37.310
397
11,088
and the move¬
WEEK ENDING

1 TO MAY 16.
Barley

Rye.

bnsh.
bnsh.
bnsh
(56 lbs.) (82lh«.]1 (481hp. »

bosh.
(56 lbs.)

Corn

365,531
24,760
334,100

82,384
20,950
220,457

1,052,189

OatB.

309,780
44.588

10,510

4,377

5,040

1,980

77,232
8,797
26,050
102,683

850
1.016

1,054

1,854

7,812

569,130

19,300

11,223

.

•

-

....

....

Previous week.
Uorresu’i-g44week’73.
44

44

Total Aug.
Same time
Same time
Same time
*

(May 23,1874;

THE CHRONICLE.

534
’72.
’71.

’70.

882,850

684,730

92,891
96,885
119,990

511,489
955,328
1,166,088

1,514,433
1,445,277
1,121,473

1 to date. 5.064,614
1872-73. 4,494,760
1871-72.. 4,221,029
1870-71.. 4,684,456

53,042
31.027

66,324,844 42,967,589 20,886,597

36,077

17,715
36,151

538,564

Goods.—The demand foiv the more staple
descriptions of cotton fabrics has been very limited, buyers only
operating to the extent of their actual requirements, which in
most lines are very limited.
Brown sheetings and [shirtings are
thought to have touched bottom, and any further reduction,
particularly in* the face of the advancing market for the raw
Domestic Cotton

18,892
21,269
33,394

33,245

657,513
452,636
441,220
483.532

1,467,63* 1,344,673

127,435
133.148

37,591

5,883,010 1,607.609
1,560,950
2,494,536
1,409,343

40,026,001 44,855,825 19,721,509 8,953,035
34.171,041 46,251,289 20,869,936 6,153,328
37,039,526 26,745,202|15,810,391 5,156,572

Shipments

of

Flour and Grain from the ports

of Chicago,

Cleveland, St Louis and Duluth,
16, 1874, and from January 1 to

May 16:

Flour, Wheat,
Corn,
Oats,
Barley,
Weekending—
bbls.
bush.
bush.
bnBh.
bush.
May 16, 1874
145,013 1,864,786 1,272,057
728,769 33,935
May 9, 1874
113,309 1,957,197 1,149,270
637,948 21,336
Corresp’ng week 1873 134.021 3,323,814 1,366,620
581,733 33,595
488,846 2,818.164
435,198 14.034
Corresp’ng week 1872 116,918
Corresp'ng week 1871
89,900
868,061 1,171.583
278,339
3,477
Corresp’ng week 1870
95,898 1.220,852
372,588
222,173 13,872
Total Jan. to date.. .2,202.148 17,774.923 3,780,816 4,772,505 1,144,216
Same time 1873
2,098,642 7,823,977 1 0,021,294 4.555,653 1,442,940
Same time 1872
1.371,958 1,448,926 15,885,226 3,260,819 840,723
Same time 1871
1,341,095 8,337,316 12,271,606 2,174,101 334,241
RECEIPTS OF

Rye.

bush,
82,539
9,727
17,900
34,184
12,735
17,190

2,300,263
159,204
853,279
160,229

SEABOARD PORTS FOR THE
16, AND FROM JANUARY 1 TO MAY 16.

FLOUR AND GRAIN AT

WEEK ENDING MAY

Flour, Wheat,
bbls.
bush.
78.068 1,907,722

At
New York
Boston
Portland

Corn,
bush.
827,434

56,875

Montreal

632
385,636

53,568

13,600
28,594

Philadelphia

15,744

73.700

72,800

31,738

210,568
171,906

Total
Previous week
Week May 2
Week April 25
Week April 18
Cor. week, ’73

400

....

500

48,500

468

53,512

....

22,186

17,000

1,050

2,529,551

1,401,513

905, i61

791,763

617,051
262,289

12,720
2,847

74,726
6,120

875,910
755,831
662,742
448,699

201,M2
202.G75
198.477
192,514

Total Jan. 1 to date..4,001,587
Same time 1873
3,098,142
Same time 1872
2,680,754

27,232

Barley,
Rye
bush.
bush.
10,420 72,796
1,400
412

218,100
164,668

82,800

23,795
19,009

Baltimore
New Orleans

9,625
55,318

Oats,
bush.
470,807

except by the deBire of the
the present range operations
should be more liberal., as there would seem to be a safe margin
for speculative purchases.
The opening of the fall season will
probably effect an advance in staple cottons, though it is presum¬
able that the trade will avoid the extremely high figures that
marked the opening of the present season's business.
The demand for prints is moderate, hut stocks are accumulat¬
ing somewhat, and the majority of printers are stopping their
production of summer styles and preparing for winter work.
The sale of lawns and percales has been rather more liberal,
though trade is still restricted in consequence of the cold weather.
Domestic Woolen Goods.—There was a little more call from
clothiers during the past week, but their requirements are not
heavy and they are not disposed to enter very heavily into opera¬
tions for future account, though goods can be bought just now at
very tempting prices.
The sales of spring weights are small in
the aggregate, being restricted 'to the limited requirements cf

material, would seem unwarranted
sellers to clear out their stocks. At

Estimated.

Milwaukee, Toledo, Detroit,
for the week ending May

1,000,920
1.385,497
1,426,210
955,540

4,905
16,475
11,820
13,052

336,072
347,871
341,279
423,710

9

7,979
14,035
6,852
360

678,590 475,391
1,011,879 33,646
2,369.086 17,057,915 5,209,702 1,077,182 77,092

16,353.717 16,691,404 4.825,181
3,653.745 10,888,836 7,113,176

tailors.

goods are selling slowly at about previous rates
and assortments have been pretty well reduced.
Flannels and blankets are quiet and show no new features.
Worsted dress

\

Hosiery is selling to some extent for current use, and orders
also being taken for the fall trade.
Foreign Goods.—There are no essentially new features to
note.
The clearing out of spring stocks is being pushed by im¬

are

60,938

porters through the medium of the auction houses and at private
sale, though the bulk of the transactions are through the former
granary at the principal points of accumulation at lake and channel. The imports are fair for this period of the year, and
seaboard ports, in transit by rail and frozen in in transit on the
are somewhat in excess of those of last year, but are below thos6
New York canals, was, on May 1G, 1874:
Barley, of 1872. The purchases for the fall trade are likely to be light’
Oats,
Corn,
Wheat,

449,188

2,633,422 4,889,588 9,233,510 3,243,774

game time 1871

The Visible

Supply

of

Grain,

hush.

In store at New York....
In store at Albany
In'store at Buffalo
In store at Chicago
In store at Milwaukee...
In store at Duluth
In store at Toledo
In store at Detroit
In store at, Oswego
In store at St. Louis
In store at Peoria*
In store at Boston
In store at Toronto
In store at Montreal
In store at Philadelphia.
In store at Baltimore. ..
Rail shipments
Lake shipments
Amount on New York canals.

1,4'6,829
1,129,710
205,000
466,563
99,303

12,345

37,270

.

25,000
....

377,167
50,878

75,149

51,147
20,704
12,500

221,760
127,386
40,446

54,683
104,358

235,884

14,960
1,200
90,000
40,000
384,360
344,409

740,391

113,624

178,938
166,000
326,775

1,036,173

1,998,423

Total in store & in transit May 9, ’74.

9,767,769

May 2, ’74.10.985,860
Apl,.25, ’74.10,406,826
■

May 17,’73. 6,353,038

3,396
79,750

12,783

...

*,876

792,325
170.000

9,831,395
41

hush.

120,855

1,553,234

.

Total
44

bush.

85,744
17,000
411,256
2.183,167

S50

4,2b5
44,328

......

44

hush.

150,000

—

O

including the stocks m

75,806

1,880,661
1,798.634
7,830,816 2,015,272
7,319,808 2,403,560
9,856,894 3,324,482
6,017,065
6,531,586

"76
2,180
20,000
7,631

9,119
3,480

as

buyers who have gone abroad thus far this spring have, with¬
exception, started with the intention of placing comparatively

out

small orders.
The

importations of dry goods at this port for the

May 21, 1874, and the
have been as follows:
ENTERED FOR

2,500

■1872
Pkgs, Value.

‘

470

33,265
14,190
202.263

249,394
894,581
463,900

503.263

THE DRY GOODS TRADE.
Friday, P. M„ May 23, 1874.

Manufactures of

Miscellaneous dry

..1,123

350,772
197,202
120,568

goode.2,570

5,418 $1,184,292

Total..--

WITHDRAWN FROM WAREHOUSE

Value.

Pkgs.
567
980
328
879

[1,193

Pkgs,
448

387,274

968
887

93,971

$193,549
279,424

540

194,577

3,947 $1,017,485

1874
Value.

971

$231,992
290,536
206,409

343.823

459
775

.1873

,

$171,927

wool.... 4yi
cotton
silk
flax

do
do
do

21, 1674,

CONSUMPTION FOR THE WEEK ENDING MAY
.

1,078

week ending

corresponding weeks of 1873 and 1872

200,2:14
103,825

3,814 $1,164,306

AND THROWN INTO THE MARKET DURING

THl

SAME PERIOD.

Manufactures of wool....
cotton..

do
do
do

silk
flax

Miscellaneous dry
Total
Add ent’d for

496

[431
145
552

goods. 2,736

$238,383

150,244

564
431
130

408

106.123

465

3,654

34,710

4.288

99,876
81,851

524
479

$220,691

114,920
160.537

142

126,830
46,196

$215,209

164,703

4,360

$663,658

5,207 '$676,471

5,878

consumpt’n 5,418

1,184,292

3,947

1,017,485

3,814

134,250
107,399

$661,762
1,164,306

quiet, though the present business in
9,692 $1,826,068
9,154 $1,693,-956
principal lines of cotton goods is perhaps as active as is Total thrown upon m’k’t. 9,778 $1,847,990
ENTERED FOR WAREHOUSING DURING SAME PERIOD
usually experienced at this period of the year, when buyers re¬
453
$185,696
Manufactures of wool.... 618 $226,876
359 $149,250
strict their operations to the limited amounts necessary to reas¬
cotton.. 497
180,187
106.733
do
262
97,944
301
57,503
do
Bilk..... 1*23
107,446
71
48
33,874
sert their stocks and supply their current running requirements.
flax
578
1 52,297
416
87,886
719 .136,954
do
The early trade this year was so light that retailers’ stocks are Miscellaneous dry goods.5,250
65,009
3,730
32,893
560
43,570
unusually small, and their orders are for fair aggregate amounts.
1,987 $470,381
Total.
7,066
$731,815 4.932 $461,922
3,947 1,017,485 3,814 1,164,306
The backwardness of spring has been unfavorable for the retail Add ent’dfor consumpth 5,418 1,184.292
distribution, and there is some difficulty experienced in making Total entered ai the port.12,484 $1,916,107
8,879 $1,479,407 5,801 $1,634,687
collections from the interior, as retailers have been unable to
We annex a few particulars of leading articles of domestic
realize promptly even on the limited stocks which they purchased manufacture our prices quoted being those of leading jobbers:
Cotton Sail Duck.
earlier. The pressure to sell, on the part of jobbers, has not
Ontario and Woodberry
32
Woodberry, Druid Mills No. 8
been so great in consequence of this drawback, but there is still
USA Standard 28* in
30
No. 9
and Fleetwing.
8oz. 24
do
46
1
much irregularity in prices, and many of the leading lines of No. 0
9 oz. 36
do
44
Light duck—
No. 1
10 oz. 38
do
20
cottons can be bought in jobbing lots for less than the agents’
Bear (8oz.) 29 in..
42
No. 2
12 oz. 33
do
do heavy(9oz.)... 23
40
15oz. 40
prices. The advancing tendency of the, market for raw cotton No. 3
do
Mont.Ravens29in.. 22
38
No. 4
Ontario twls. 29 in. 30
do
40in... 30
36
has checked the decline in goods in first hands, and nearly all No. 5
do
36 in. 35
25
Stark (10 oz.)
36
No. 6
lines of staple fabrics are held with more steadiness than when No. 7
Ex twls“Polhem’s” 15
31
Check*.
we last wrote.
The present rates afford a very small margin for
20
18
Union Mills,No.18
Lewiston A
13
manufacturers; indeed, at the advanced cost of cotton, there Caledonia,No.7..
No.20 31
Kenneheck
1
do
19
Columbia, No. 70
No.50 22#
do
Nolan’s extra
would be no profit. For this reason they are strongly disposed Far.Jb Min, No. 5
13
17
i3
YorkI
13* Park Mills,No.50
Jas. Long, No.10
to check their agents in pressing goods on the market at a sacri¬
Domestic Gingham*.
UK
1 Ttepfrew...
fice, for the purpose of leaving a clear account of stock at the Amoskeag
11* I Glenox
10
9K | Shirley
Bates
r.
11* [ Gloucester
end of the trade half-year. A few are still shading figures for
11*
11" i TiJ|.nr.aaf.er
CaleflonlA
m
I Randalmon
Glasgow
; 10* 1 Namaske..„
t, his purpose, but as the rule quotations are generally adhered to.
The market continues

the




-

-*-T

...

,

r

..

.

,

May 23, 1874.

535

THE CHRONICLE!

UENKRAL

GUNNIES.—Scereport under Cotton.
GUNPOWDER-

PRICES CURRENT.

BRBADSTUFFS—See special report.
building materialsBricks—Common bard,afloat..

3 75

8
14 00 © 17
28 50 © 30
....© 1

....

Croton

Philadelphia.
Cement—Rosendaie
Lime— Rockland, common....*
Rockland, finishing.

10
1 60
36 90

1

Lumber—Southern pine.

White pine box boards
23
White pine merchan. box boards, 24
Clear Dine
65
Oak ar.d ash
50
Blackwalnut....
100
8nruce boards* planks
24
Hemlock boards & planks
13

Nails—10®60d.com,fen & sb.¥ keg
Clinch, l to 3 in. & longer

6

“

75 00

00
00
00
00

10

K

Ilk

8k

©

12

iik®

3k
..
...

24

“

24

15
13

dairies, flue

©
©
©
©

30
29

....

days.gld.

....

©

....

© 20 00

TSk®

20k©

gold.

23
18

18
19
16
18
19

©
©
©

13*
i9k
20 Y
25 k

gold.
gold.
gold.

Domingo

17k

gold.

Lairuayra

17k®

gold.

19

gold.

gold.

•

©

22
22
20

©
@

16k
21k
20k

©
©

COPPER—
....©

35
89
35

24k®

24*

Dolts

(over 12 oz;
Braziers’(over 16 oz.)
Ingot
new

COTTON—See special report.
DRUGS & DYESAlum, lump
Argols,crude

"
**

5 12k®

Cochineal,Honduras
Cochineal, Mexican

11
*'

©
©

Cream tartar

“

34*©

“

5 25
26
55
55
34 k

....©

“
“
cur.

4k®
5*©

;....

Cabebs, East India
Cutch
Gambler.....
-

Ginseng, Western
Ginseng, Southern
Jalap
Lac dye, good * fine

25
51

52

©
©
19 ©
....©
29 ©
25 ©

cur.

gold.

Sicily

gold
'*

Madder, Dutch
Madder, French
Nutgalls, blue Aleppo
Oil vitriol (66 degrees)
Opium, Turkey,in bond

©

...

.

Calabria

15 k©
.

.

.

S3
48
50

©
©

potash,yellow
©
Quicksilver
gold. 1
©
Quinine
cur. 2
32k@
Rhubarb, China,goo 1 to pr—¥ tt.
60 ©
flal soda,Newcastle,
gold 1
Shellac...*Soda ash

gold

8k
4k
1 50
'

20

36k
28

8k

2k®

gold.

Prusslate

2

Sugar of lead, white
Vitriol, blue,common

62 ©
25 ©
....©

....©

7
16

3k
7 25
35
1 50

i’oo
1 61 k
63

2 40
21

:ck

F18H—

George’s Bank cod
5 00
Mackerel, No. 1, shore
21 00
Mackerel, No. I, Halifax
16 00
Mackerel, No. 1, Bay, lute catch..., 15 00
Mackerel,No.2, shore
15 25

H

Mackerel, No. 2, Halifax

11

Mackerel, No. 2. Bay
FLAX—
North River

50

50

©
©
©
©
©
©
©

23 00
19 50
18 00
16 50
15 00
!5 00

15

V Tb

Raisins, Seedless
do
Laver, new
do
8ultana
io
Valencia
do
Loose Muscatel, new
Currants, new

2
3
.

©

..

¥ case. 7

Canton Ginger
Sardines, ¥ hi. box.
Bardinas, ¥ qr box

cur.

“

Macaroni, Italian.......'

do

do
do

Peaches,
do
do.
do

85 ©
....9
12 ©
40 ©
....©

27k®
..

Dates
Pigs

do

17

Plums

..

5 75
2 90
13

12k

3 75

6k
28
12
8
18

10
7

3k©

5*

gold

Dry—Buenos Ayres

26

Montevideo
Corrientes
Rio Grande
Orinoco
California
Maracaibo
Bahia

27k

25 ©
25 k@
25 @
25 @
©
©

25k
26

...

18
...

18
...

15
10

Wet Salted—Buenos Ayres
Para...
California
cur.
Texas
E. /. stock—Calcutta slaught... gold
green
Calcutta, dead

...

...

...

10
18

.¥B>

...

9

is
’ii

©
©
©

13k
11
11

13
17

©
©
©

13k
13k
SO
25

©
©
©
©

’is

IROtf-33
80
27
34
Store
160
100
110

Plg, American, No. 1
Pig, American. No. 2
Pig, American Forge
PIg,8cotCh
Bar, Swedes, ordinary sizes

...

Scroll

Hoop
gold.
Sheet, Russia, as to assort
Sheet, single, double & treble, coni.
gold
Ralls, new, English
Rails new. American

00
00
00
CO

31 00
81 tX)
30 (H)
40 00
Prices, each
00 (5,162 50
00 @135 00
00 @155 00
&
©
©
©

16 @

17

4k@
5*
....
@ 55 00
© 62 50

....

gold

Ordinary, foreign

Domestic

'*

Bar

Sheetandpipe
LEATHERHeralock.Buen, A’res,h.,m.*l.cur.
“
California, h., m. & 1.. *•
"
Orinoco, &c... h., m.& 1. “
“
rough
“

6k@
5 80 @
8k@
9 ©

....

©

80
28
27k
....

36 ©

“
“

Oak, rough
Texas, crop

6k
3 90

27 ©
26 ©
25k@

“

Slaughter crop

....

@

87
.

..

34 @ 3«k

36 ©

centrifugal and mixed

Cuba Muscovado, 50 test
grocery grades,

....

13k

35
28
28

©
©
©
©

©
©
30 ©
....©

27
32
SO
13
20
38
83
20

19

20

9.k®
...

37

©

80

Porto Rico
English Islands. ...=.

Demerara
N.Orleanr good

40

©

41

refining to

©

40

35
43

70
52

©

40 ©
@

'si

73 ©

¥ gal.

to prime

NAVaL STORES—

Pitch, cl tv•••••*•••••••••••••••••••••

Spirits turpentine
V
Rosin com. to good strain’d ¥

•

3 00
2 75

4 50
5 50

pale

NUT3Filherts,

••••

gall.
39
bbl. 2 60

No. 1
No. 2
extra

pale

13k®

V bush

Peanuts, Virginia
do
Wilmington, new

Almonds,

7
11
17
12
9

....@
11
@
8 @
@

....

8

12k@

2 60

@

....

3 25
2 75

19k©

Languedoc

19k

....©
17 @
29 @
38 @

Tarragona
Ivica

do
do
do
do

13

....©
10 ©

nuts’.

13*

....©

Sicily

do
Barcelona
Brazil nuts, new
Walnuts, Bordeaux
do
Naples
Grenoble
do

Hickory

2 50
2 00
3 CO
39 k
2 70
4 00
2 95
5 (H)
6 25

2 40
2 50

Tar, Washington
Tar, Wilmington

Shelled
Princess

¥

OAKUM
OILCAKE—
City, bag

cold

31
29

7k®

10

18

3 00
2 13
2 60

7 00 @
6 10 @
6 09
5 25 ©

7 25
6 25
7 00
5 50

Linseed.Calcutta V 56U>gold (time)

@

SILK—

.¥ ft

Tsatlee, No. 3 chop

Tsatlee, re-reeled
Taysaam. Nos. 1 *2
Canton, re-reeled No. 1
SPELTER—

42 00
....

OIL8-

©

7 2a

....©

@

18
19

@

25

SPICES—

Pepper, Sumatra
Singapore.

do'

do

...

25 @
...@

white

do

,

Batavia

1 13
97
40
85
68

bbls..,
prime light...,

Linseed, casks and
Menhaden,

bleached winter

Lard oil, prime

PETROLEUMCrude, In hulk..
Crude in shipping order
Refined, standard white
Naptha, bbls

Ilk©
1 15 ©

1 15

and Penang
Pimento, Jamaica,..

12

Cloves
do
steinn

1 15

©

98
1

©

70
62
1 60
1 85
85

...

18 oo
11 ro
19 oo
9 50
13 00
20 00

¥ n>
*

RTCE—

gold.

Rangoon.in bond

l'°k
8k

a

09
on
50
50
25 00
10k®
Ilk
Ilk
Ilk®
@
@
@
@
©

3 13k®

15
20
11
11

3 30

7*©

9

7*@

Choice
Louisiana, fair to prime
Carolina, fair to

8*

Domestic liquors—Cash.
A lcohol (88 per ct) C.

3 95
3 75
3 55

ft gal’.
“
“

Brandy, foreign brands
Rum—Jam., 4th proof
St. Croix, 3d proof
Gin,Swan and Swallow

3 15

••

& W

Turks Island

...

35

ftt*.Martin
•

•.*•*.

¥ aack.

1 70

©

80

©

40

8 00

18
—

© 15 00
© 5 50
© 3 65
© 8 25

90

1 89 ©
93 ©

cur.

“

Whiskey

98k

STKEL-

English, cast,2d&lst quality
English, spring,2d & 1st quality
English blister, 2d & 1st quality
American blister
«,
American cast, Tool

17

¥5>

21

@

iok

9k@
14

18k
iik

©

©

American cast,spring
American machinery
American German spring

...

17
11
12

©

11k©
9

©

SUGAR—

6K@
7k®

Cuba,Inf. to com. refining
do fair to good refining
do prime, refining
do fair to good grocery
do pr. to choice grocery
do centr.hhds. & bxs, No. 8 to 13
MolasBes, hlids * bxs. ....

8

7

8
8k

Ik
8k
7k
10k
10k
10 H

9*
9k
9k

9H@

9k®
8k®

9

8k

7,k@

7k@ 1 13-16

28 ©

cur.

40 @
60

Hyson,Com. to fair

©

SO ©

42
70
1 10

Super.to fine
Fx. fine to finest
Choicest

©

©

55
80

....

Ex. fine to finest
choicest

1 13

£0

Imperial. Com. to fair
(.o
Sun. to fine
Extrafine tofinest
do
p.yson Shin. & Twan.. com. to fair.
do
do
Sup.to fine
do
do
Kx. fine to finest
Uncolorcd Japan .Corn, to lair
do
Sup’rtollnc
Ex.fine to finest
do
Oolong, Common to lair,,,,
do
Superior to fine
do
Kx fine to finest
do
Choicest.....

35
55
85
85
65
95
1 28
45
70
1 00
1 85
37
60
85
23
27

35

Gunpowder.com to fair
do
Sup. to fine

45

Nominal.
38

43

53
70

65

90
£0
48
85

26

95

55

1 25

1 00
22

33

TIN-

,

35
55

65

Souc.* Cong..Com. to fair
Sun’rto fine
do
do
Ex. fine to finest

90

26 k®
24 k
24 3
21k
©
in 50 a io
9 00 @ 9 50

Straits

....

T.C.,charcoal

Plates,char. Terne

©

leaf,.
“

.i

“

* Mass., wrprs. ’72.
“
fillers, ’72

Pennsylvania wrappers. ’71
Havana, com. to fine
Manufac’d, in

©
@

15

©

53
50
52

¥

American,Combing
Extra, Pulled
No 1. Pulled
California. Spring ClipFine. unwashed
Medium
Common
South Am.Merino

Cape Good Hope,
Texas, fine.

©
@

43

25
30
3.1
25
29
35
34
34
15

on-washed

unwashed........

medium

Smyrna,unwashed

ZSheet

1

gold.

8k

¥ tt.gold.net

FREIGHTS—
To LlVBKPOOT '
Cotton
¥ H>.
Flour
¥ bbl.

Heavy goods. .¥ ton.

Corn.b’lk&bgs. ¥ bu.
Wheat, Lulk & bags..
Bee!
¥ tee.

¥bbl.

@

20

bright work

WOOLAmerican XX
American, Nos. I <fc 2

12
50
7
40
10
25
40

@

.

—

bond, black work

“

»•

6

@
@

lugs,heavy

Seed leaf, Conn.

For*

10k

10k

9k®

A...

Hyson, Common to fair
do
Superior to fire
do
Extra fine to finest

Texas,

8k
9k
9k

10k®

TALLOW—
Western ¥ 51

“

k

9 ©
7 ©
....©
....©

Other Yellow

Plates.

•

©

9k@

Penned—Hard, crushed
¥»
Hard, powdered
do
granulated
'...
Soft white, A. standard centrlf...

do
do

9*

IPX®
9k®
7k@
8k@
6k®

Manila

do
do
do

*8k

7k@
8k@

Brazil,hags. D. S. Nos. 8 to 12
Java, do. D.S., Nos:l0 to 12

Young

©

8k®
6*@
4k@

Porto Rico,refining, com. to prime,
do
grocery, fair to choice..

off
do
do
White extra C
Yellow
do

7k

8k®
8k@

Hav’ft, Box.D. S. Nos. 7 to 9...:
do
do I0tol2
do
do
do
do 13 to 15
do
do
do 16 to 18
do
do
do 19 to 20
do
white
do

Oti

SALT—

45

©

—gold

.

13)4©
8 ©

Hams, pickled

Liverpool,various aorta

oo’

@

....®

Pork new mess

Cadiz

(a

1 25

©
©

....©

SPIRITS—

57 k

3*

PROVISIONS—

Lard

©

....@
1 53 @
1 82 k®
*
54 ©
=4

Whale, Northern

Sperm,

@

25”

12k@

do
Calcutta
Mace
N utinegs, Batavia

Kentucky

55

Cottonseed, crude

«*

6k@
JO

English
@
43 00 ©
...

14

10k®
2 75 @
1 85 @
2 50 @

-..

TOBACCO—

Beef, extra mess, new

13

$ ft.

Clover, Western
Timothy. ..:
Hemp, foreign
Flaxseed, rough

Melado

LEAD—

13
15
14

©

2k

Ginger African

HOPS-

13k

”26

5k

2kS

C&sslu, ChinaLlgnea

15

©
©
@
©
©

iik©
16

Calcutta, buffalo

“

....©

SEED-’

20
19

...

Pernambuco
Matamoras
Bahia

••

18k@

“

25k
25k

...

Chili...

“

¥18
gold

Western

©

26k@

Dry Salted—Maracaibo

Cuba,

.

.‘.

Foreign..........

HIDES—

V bbl
Pork, extra prime
Pork, prime mess city
Beef, plain, new

13k®

Virginia
unpared, halves * quarters
Blackberries
Raspberries
Cherries, pitted..
do.

....©
...©
14 ©
00 ©
25 ©
13 ©
11 ©
14

do

Western
do
pared, pr. Ga.,new
do.
North Carolina




9k ©
....©

“

Beef hams, new

1873 crop

quarters

Whortleberries

“
“

nominal.

Whale,bleached winter.

FRUIT—

Domestic Dried—
Apples, State, sliced,

Manila..
Sisal
Jute

285 00

Cuba, clayed.

3k®

,

..

“

Italian

@230 00
@120 00
©239 00
©290 00

MOLASSES-

18
21
©
gold.
27 ©
31
Irgols,refined
“
3 k®
4
irsenic, powdered
“
5 25
Bicarb.soda, Newcastle
“
5 12k®
Bi chro. potash, Scotch
16 ©
"
Bleaching powder
“
2 50 © 2 56k
Brlnstone,crude
"
38 00 © 37 00
3 ©
¥tt.
Brimstone, Am. roll
30k® “3i
Camphor, refined
Castor oil, E.l.in bond, ¥ gal..gold.
....© 1 00

Citron, Leghorn
Prunes, Turkish

gold.225 90

....

gold.
gold.

Native Ceylon
Maracaibo

Licorice paste,
Licorice paste,

Russia, clean

Crop of 1871
Crop of 1870

;

Caustic soda
Stiloratenotash

185 00
.115 00

Crop of 1872

4 70
4 75
4 90

87,k@
5 32k®
4 37k®
11 00

COFFEE-

8heatlung,

1 10

HEMP—
American dressed
American undressed

14k

4

7,000 tons chestnut
Liverpool gas cannel....
Liverpool house cannel

Bavanllla
Costa Itica

1 15

River.shipping

16

9
©

4 62k®
4 72k®

23.000 tons stove

rtio ordinary cargoes,6O@90
do fair,
do
do good,
do
do prime,
do
Jiva, mats and bags

©

Blasting

Cropof 1873

COAL—
Auction sale of Scranton, April 29:
5,000 tons steamboat
10,000 tons grate
5,000 tons egg.....«

fii

35
00
00
00

9*<2

In oil

CHEESE— „
State factory, good to fan
State

1
88
28
30

00
50
25
25

4

BUTTERFirklns.per invc’e (N.Y., N.J.&Pa.)

Single dairies entire

50
75

©
©
©
©
...©

Zinc, wh.,Amer. dry. No. 1
Zinc, wh., Amer., No. 1. in oil
Paris white,English, prime

Welsh tub-*, per Invoice “
Do. single dairies

75
00

1 35

60
©130
© 26
© 21

3
5

Bdftne
Cut spikes, all sizes
Paints—Lead, white, Am, pure,
Lead, wh., Amer., pure dry

©

©
<3
@
©
@
@
@

©

4 25
3 75

HAYNorth

«*@

pot

©

Min. &

iSHES—

Shipping ¥ 25 lb keg

SALTPETRERefined, pure
Crude
Nitrate soda

r-PTBAM.—
s. >1. H. ft'

3-16® ...
3 0 @....

35 0 @40 0
55 0 ©....

I @...
9k®....
«• @...
4 9 ©....

511

33
36
34
28
32
39

@
@
©
©
©
©

37
37
18

©

©

8*

®
SATI.

.

S

57
55
62

@
@
©

d.

2 9©
25 0 ©
40 0 ©
9 <H

9k®
6 0©
4 6 @

s.

32 6

,

d

[May 23, 1874,

THE CHRONICLE

5546

J. Wilcox & Co.,

Wm.

Irvine K. Chase,

Financial

Commercial Cards.

j

Commercial Cards.

& McGowan,

Hilmers

BROKERS IN

PRIME

AND GOLD

FOREIGN EXCHANGE

BUYER,

COTTON

COMMISSION

STEARINE

LARD,

LEAF

54

Wall Street, New York.
(P. O. BOX 2,841.)

Tennessee.

Nashville,

AND

Special attention paid to

Nashville.

REFERENCE.—First National Bank,

McAlister & Wheless,

Washington, Vestry Sc

SALES OFFIC

MERCHANTS,

Banks,

Stocks carried on margin. Deposits received, sub¬
ject to check at sight, on which 4 per cent interest
allowed.

Tumbrid^e & Co.,

AND

&C

Sc CO.,

VALPARAISO, CHILI,

No.

f

Street, New York,

Bny and Sell. Stocks on Margins or for Cash.
and CALLS negotiated at the lowest

MERCHANTS

PUTS

$50 for 50 shares,

market rates;

&C), &C.

PREVOST

IQUIQUE, PERU,

LIMA AND

Messrs. JNO.

CO.,

Sc

phlet mailed on application.

WM.

,

W. C.VTEK, SONS Sc

CO.,

C. Ward,

S; G & G

York.

Philadelphia and Boston.
)

PICKHARDT.

BARING

Genprfll Partners

ADOLF KUTTROFF, st,eneral
B4DISCHE AN1LIN & SODA FABRIK

Farmers

Special^Partner

W. CATER Sc CO.,

Advances

made on Consignments of

approved mer¬

prepared to give

pedal attention to everything connected
purchase and shipment of
Nitrate of Soda.

a

6

COMPANY.

&

PACKED

LARD

FOR

CLIMATES.

ALL

DEALERS AND MANUFACTURERS
OF LARD OIL AND STEARINE.

PROVISION

NEW YORK.

ESTABLISHED 1841.

Smith, Baker & Co.,
COMMISSION

MERCHANTS
Japan.

Yokohama and Hlogo,

Sc 5 RUE

Explanatory circular, with

Credits available In all parts

mailed to anv address.
Stocks and Gold Bought

of the

BANKERS,
New York.

Miscellane ,us.

Co.,

COMMISSION MERCHANTS.
44 BROAD STREET.
Liberal cash udvar.ces made on consignments of
Cotton and Tobacco to our address; also to our friends
In Liverpool and Loudon.

TO

Government

Securities, Gold,

and

Bonds

ON OR ABOUT JUNE 1

BE ISSUED

AND

BANKERS

references and quotation

and Sold on Commission.

47 Wall Street,

BROAD STREET.

R. T. Wilson &

PRIVILEGES,

McKim brothers & Co.,

Correspondents in this City,

Commission, and
LOANB NEGOTIATED.
Accounts received and interest allowed on balances
be checked for at sight.

1874

VOL. II OF TUB

AMERICAN

Railroad

Manual,

fob THE

Stocks

Bought and Sold on

which may

REPRESENTED BY

STOCK A GOLD

SCRIBE, PARIS,

MORTON, BLISS & CO.. 3

STREET,

BROAD

BROKEUS IN

BANKERS.

Issue Travelers’
world

jewell’harrison
PURE

James W. Tucker & Co.,
■3

NEW YORK,

STREET BOSTON.

Hazard &c Montague,

Financial.

with the

BROTHERS Sc COMPANY,

38 ST ATE

LIVERPOOL, ENGLAND

chandise to the above houses.
Messrs. Prevost & Co., Iquique, are

FOB

WALL STREET,

52
o

LONDON, ENGLAND,
Messrs. JNO.

*

c.

23 Cedar Street, New

Branch Oflices in

$100 for

Thirty-two page explanatory pim-

100 shares.

AGKNT8

Messrs.

BROKERS.

BANKERS AND

39 Wall

CHEMICALS, COLORS, DYESTUFFS,

KENDALL

Messrs.

STREET,

IMPORTERS

COMMISSION

Wall Street,

59 and 61

IN

AGENTS FOR

Jones,

BUY AND SELL STOCKS, GOLD AND GOVERNMENT SECURITIES ON COMMISSION.

Wm Pickhardt&Kuttroft

York,

Street, New

.:

NEW YORK.

MERCHANTS,

COMMISSION
48 South

Corre-

Chauncey,

Fabbri &

BEAVER

59

NASHVILLE, TENNESSEE.
Special attention given to Spinners’orders.
sponde"te solicited.
References
Third and Four h National
and Fropi letors of The Chronicle.

Davidson &

Greenwich Sts.

BANKERS,

COTTON

COMMISSION

the negotiation of Com

mercial bills.

OIL,

LARD

UNITED STATES

AND THE DOMINION

CONTAINING :

1. Full

particulars of the mileage,

Capital Stock,

Equipment, Earnings, Expenses, and
other statistics of railroads, as now built and In con

Bonded Debt,
struction.

E.

66,Jtf

CORL.IES,

W.

Street,

Pine

New

K. Enos & Co.,

H.

York.

Henry Lawrence & Sons,
manufacturers of

IN

BROKERS

in at the

Stock Exchange,

EXCHANGE PLACE. N. Y

No. 51

General Railroad Map of the
and Individual Maps

United States and
of each State and

Territo y.

Securities dealt

Gold, Stocks, and all

2. A

the Dominion,

Epitome, or Brief History, of the Charter
each Road was originally constructed
the Various Transformations or Reorganization!

3. An

under which
and

each company has passed from the date
incorporation down to the preseut time.
4. Notes on the connections of each Railroad; of
the Express companies, Fast Freight lines, and Sleep
lng Car companies run over each route
5. An Official Railroad Directory, sub-divided Into
Executive, Transportation and Mechanical Depart;

through which
of Its first

MANILA, SISAL, JUTE Sc TARRED

CORDAGE,
FOR EXPORT AND

State

Co.,

Sc

New York*

1272.

W. B.

LEONARD,

CO.

GKO. B. HOWELL.

W. O. SHELDON,

Leonard, Sheldon &Co.,

AGENTS FOR

HEARD

SECURITIES,

Refers by permission to
MESSRS. NICIIOLS, SToNE «fc

Street, Boston,

AUGUSTINE

Gaylord,

33 WALL STREET.
P. O. Box,

NEW YORK.

Evkrett &
66

MISCELLANEOUS

DOMESTIC USE,

STREET

192 FRONT

J. Alden

BANKER?.

CO.,

merits.

Compiled and edited by

merly general

EDWARD VEBNON, for¬

editor of the Traveler's

way Guide.
In one volume

Official Rail¬

Imperial octavo of 750 pages.
PRICE, $7 50.
Orders to be addressed to the office. No. 56 Broad¬
way, rooms 21 and 22. A few copies of Vol. I for 1878
on hand to complete sets.
Sent free, on remitting
price to
WILLIAM
No. 56

MUNT, Genral Agent,

BROADWAY. N. Y., Rooms 21 and

22.

OF CHINA AND JAPAN.
Advances made

ou

consignments of approved mer

No.

10

WALL

STREET,

eliandize.

NEW

John Dwight & Co.,

Day &

MANUFACTURERS OF

SIJPER-CARBONATE of SODA




AND

SA

LERATUS,

No. 11 Old
The Jobbing

Slip, New York.

Trade ONLY Supplied.

YORK.

Storrs,

BANKERS,
16

WALL STREET,

Accounts received,

NEW YORK*

and Interest allowed on deposits

according to the nature of the account.
Special attention paid to investment orders in Stock
and Bonds. Advances made on the same if desired.
ALBERT F. DAY.
JOHN G. STORRS,
Member of N. Y. Stock Exchange.

STEEL PENS.
MANUFACTURERS’
JOSEPH

WAREHOUSE,

6ILLOTT

91 John

Street, New

HENRY HOE, Solx Aenrr.

Sc

SONS

York.