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mmtk
HUNT'S 3IERCHANTS' MAGAZIxXR,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED
STATES
VOL.
SATURDAY. MAY
]6.
coNTe^!^8.
THE
Monctory tmprovflraent.
llio Cciiriiii;IIou«o and BanK
pefalcations
J lie
677
|
German
Bankinij System
Carrcnt Topics
67!)
There
681
EnnlUh News
diflerent class
Commercial and Mlsceliaueoua
|
News
680'
633
THE BANKERS' GAZETTE.
Money
Market,
Railway
ForeiKU
tr.
.stocks.
S. Secnrities,
..
i
Boston
Banks, etc
•
-
.
(Jnotatioiis of Stocks
New York
Excliiiii(;e,
City Hanks,
i
Gold Market,
.
New York
BIS
680
._ ••
and Bonds
Local Securities
luvestinenls and State, City and
Banks,
Piilladelphia Banks, National
street in
691
6l5inryGoods
Bllfl
697
71J0
Groceries
698
Prices Current
®he €{)tonxclt.
Thb
COMMKRCi.vi, AND FINANCIAL CHRONICLE in isgued On Saturday morning, with the latest neioa up to midnight of Friday.
TEBHS OF SUBSCRIPTION-PAT ABLB IH ADVAKCE.
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ANoFiN.vNciAi, riiiiomci.E, delivered by carrier to city
and inailod
For One Year
to ail others Cciciuaive of postage)
THE RAILWAY nONITOR.
This la a Jonrnnl of t'enerai Railroad Intelligence, intended to supplement
the brief railroad news contained in Tnii CuEONiOLK, and published monlhly
fifteenth of tach month.
Subscription price per year (inciudincr a file cover the first year)
$4 60
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WILLIAM B. DANA.
WILLIAM B.
& CO., Publishers,
JOUN o. FLOro, JB. f
79 and 81 William Street,
YORK.
DANA
NEW
Post Optice Box
4,.'>92.
Subscriptions and Advertisements will he taHcn in London at the office of
the Chkonicle, No. 5 Austin Prinrs. Old Broad street, at the following rates
Annual Subscription to the Cbronicio (including postage)
£2 28.
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"
Monitor
:
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IBs.
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Chronicle and Monitor tosether
Advertisements, in either .Tonrnal, Is. per Wmq each insertion;
for five or more insertions, a liberal discount is allowed.
8
if
of the
fall
trade.
An
analogous tendency to expect a snug, olosa money
market on the part of some of the borrowers has led them
lo engage time-loans, for which, in some instances, 7 per
cent has been paid, with a small
premium
So long
beside.
as this anxiety to
borrow on time remaioa uusatisSed, the
rates will of course keep up.
There is, however, an influential class of borrowers who
is
on or abont the
I
engendered whether capital can be made to
through the interval prior to the opening
is
full rates all
take the opposite view.
(10 00
6 00
ForbixMonthe
of people,
prevalent here.
Now that the high scale of charges is at
an end, and the strength bf the banks has gone on improving,
the doubt
BreaosiaBs
•iibecribfrs,
capital owned by a totally
which has acoumiilated in Wall
consequence of the heavy rales of interest so long
earn
Commercial Epitome
Cotton
:
a large amount of
6111
THE COMMEKCLAL TIMES.
i
is
G'lC
Corporation Finances
I
not these capitalislp, however, to whom we cbif fly
what they shall do with their money.
is
681
.
.
|
NO. 413.
refer as hesitating
Changes In Ihn Redeeming
Aaents of National Banks..
Latest Afonetary anU Commercial
1
678
Inelasticity of the
It
CUROVIOI,E.
24, 1873.
Ills.
ordered
Bf" The Publishers cannot he responsible for Remittances unless made by
Drafts or Post-OHlce Money Orders.
t:f" A neat file for holdinij current numbers of the Chroniclb is sold at the
ofhcc for 50 cents; postai;e on the same Is 20 cents. Volumes bound for subscribers at tl M. The first and second volamea of the Chbonicui are wanted
by the publlshere.
so dull, and
the mercantile
is
They think that as general business
expected to continue below the average,
demand
for
money may,
perhaps,
fall off;
in
which case the loan market will wotk down to lower
The
rates.
fear
of
stringency also
fiill
same extent
these parties to the
as
They bring three argumei-ts against
tion of stringency.
knd
will be so
^
First, it has
it
not shared
is
prevails
by
generally.
this prevalent expecta-
been so widely anticipated,
amply provided against by time-loans, that the
when the active monetary demai d
pressure will be taken off
Secondly, many corporations and other heavy borrowers will be out of the market, and we hope also to
be free fiom the large extra demand for money which
disturbed our loan market during the past two autumial
seasons, in consequence of the destruction by the Chicago
sets in.
and
Boston
fires,
which
greatly
drain-^d
our
money
maiket and produced a depletion, the results of which have
THE MONETARY IMPROVEMENT.
The explanation of the languor of the money market not even yet wholly passed off. Thirdly, they rely on the
which ascribed it to a temporary lull, has been verified. payment of the Alabama indemnity of $15,500,000 by
The quietude has passed off. There is an active demand England in gold during the fall. This large payment,
for time loans
and this is one of the most notable chaiifjes however made, will perhaps not be of much service
in the Bilualion just now.
Another is the hesitancy on the in the way suggested, except it should check the necessity
;
part of certain capitalists as to what use
judicious
winter
to
choose
for
their
mcney.
it
will
During
be most
the
past
has been notorious that a few millions of dollars
adroitly wielded by a little knot of skilful operators have
it
caused a good deal of the trouble that we have had, and
have earned large profiis. But this lucrative work is over
for the season; and the sprculators, it is conjectured, will
be likely to turn
have at
an export of gold, which
is
one of the possible contin-
by those who look
for a tight
money market.
Another reason urgid against the probability of
the
strin-
more improbable, namely, the expectation that
Treasury will issue more greenbacks out of its illegal
gency
is
reserve, should there be
trouble.
any serious danger
of
monetary
This habit of looking for an increase of the cur-
They rency as a panacea for financial or political evils must not
them to such a movement the favor- be allowed lo grow up among us. It might soon become a
easy money, low prices, a depressed very dangerous symptom. The rise of the premium on
Iheir atteiitioo to the stock market.
least to attract
able conditions of
feeling,
for
gencies urged
and a "short" interest
ODsiderable,
tta^t
is
supppsgd
lo
be
gold in consequence of the last issues of greenbacks, and the
excitement and depreciation thus produced, have
made
the
THE
678
as
attempting of anything further in the same direction
it would be dangerous in practice.
unpopular in policy as
Moreover there are not a few persons who expect that the
monetary situation will be improved by the increasing
demand for our Government bonds in Europe. A leading
firm during the last month have shipped to London no less
than seven millions, and the aggregate exportation of Govern-
that
ment bonds through
all
channels
is
computed
time of
affairs
should be
faci
bank was not
there
its
is
final
known
;
but
evidence
still
we must
regret
between October, 1872, and
suspension. Institutions in whose
visited
any dubious
taint, as
was the case with the
Atlantic Bank, should certainly receive an admonitory visit
Any bank
to think this
Still there is
estimate rather beyond the truth.
this
that the
the
itself.
simple justice to the Comptroller and his examiner
is
50 millions every three months or oftener.
But there is still more to be done.
at
We incline
January.
of
It
24, 1878.
anything wrong in the securities of the bank
reveal
since the beginning
[May
CHteONICLE.
is
edly responsible for the custody of the securities
undoubt-
left in its
England and Scotland vaults for safekeeping. Even if, as is alleged, it should turn
due in no small degree to the recent out that the owner will find it difficult if not impossible to
funding operations of the Syndicate. The advertisements establish his legal claim on tho bank in such a case as this,
and other information which have appeared in the English still there is a moral responsibility ; and the directors and
that a large and increasing export to
is
now going on, which
is
papers have made our bonds familiar to a great number
officers
of our city banks will do well to give attention to
weak spot of our bank) ng methods and to contrive some
as investments.
The consequence has been that the adequate remedy. Their duties and the obligations of the
European demand is growing, and it has received a notable depositors of such securities are well set forth by a bank
impulse since the final settlement of the Alabama dispute officer of much experience in this city. He says
and the consequent removal of all remaining causes of
A person putting his bonds or Becuritiea in the vautts of a bank
irritation acd misunderstanding between the two countries. " for safe keeping," used to be reasonably sure of exemption from
The recent advance in gold has also, without doubt, some worry on account of the bank's debts, and might sleep nights
without dreaming his source of income is all run away with.
part in stimulating this export of our securities.
It gold
of persons
who
heretofore
knew bat little
of their superiority
this
:
But since the investigation into the administration of the
affairs
would perhaps be checked ; but if, as
"
of the Atlantic National Bank, it seems that " special deposits
seems probable, gold should keep firm or even advance a
of securities are not particularly safe, and are frequently a source
point or two, the foreign demand for our government bonds of great grief to stockholders and business depositors, for the
seems likely to keep up.
handling of such securities, of which no of&cial record is kept,
should
decline
it
a direct temptation to dishonesty and fraud.
dishonest bank oflBcer makes out a lot of temporary loans
to John Smith, Richard Roe and John Doe, and other imaginary
men, and secures them by placing the securities left with him
is
The
THE CIEARING HOUSE AND BANK DEFAICATIONS.
" Under any methods of banking, perfect them as we
will,
defalcations and embezzlements will occur, but each notable
instance of wrongdoing should be made to suggest some
new
maxim
This
safeguards."
of
authority seems likely to be fulfilled
failure,
which
suggestions
may
is
in
some
ever
under
House
Clearing
to
several
occurred
the
contribute,
of the
important
some
respects the
which has
defects
influential
in
enlightened
this
of
bank
our
city.
It
investigations
throw a flood
The Chronicle
of which
an
by the Atlantic Bank
most rich in practical
of
banking
lately referred.
light
system,
It is
on
to
often
When the bank examiner goes
through the bank he finds these collateral loans representing so
much money, and so far as the bank is concerned, everything
is perfectly straight.
But he has no authority to look into the
boxes and envelopes in the vaults supposed to contain securities
belonging to the widow and the orphans, and to the trustees and
retired men who live on their incomes ; nor would he have any
means of knowing what should be there, If the law gave him
" for safe keeping" as collateral.
the power.
Then, again, in a case where the securities are lost, mislaid, or
misappropriated, or stolen or burned up, after having been put
into the bank vaults for safe keeping only, it is not at all clear
bank is responsible. This question is constantly being
mooted in the courts, and still is very unsettled. We cannot in
be contrived to guarantee the
good faith do otherwise than to deprecate the practice among
stability of our banking organism; and yet we find that
capitalists of depositing their bonds in the hands of bank oflBcers
Taintor, a young cashier, has contrived to overleap all
" for safe keeping only." It is not safe for the owner, and it is
these bounds and rob the bank of a quarter of a million or not just to the weak bank
officer to put temptation into his hand
more without anybody but himself having the least idea with so safe and inviting a means of hiding.
what he was about.
The Comptroller and the Bank
Two points seem to be suggested
facts.
First,
said
that
the
national
currency
law, offers
the
most
that the
effective safeguards that could
by
Examiner have both been blamed for supposed negligence
in regard to this bank.
But as we explained a short time
since, there
does not appear to be any evidence to support
this charge, and both officers have the reputation
of being
these
that baaks ought to take as few of these special deposits as
They cannot perhaps be refused in many cases,
and the practice of taking such deposits is as old as banking
possible.
itself.
But now that there are Safe Deposit Companies
and experienced, so that the charge can- which for a small compensation do this very business of
not be entertained exeept on competent proof.
Their excnl- receiving the custody of securities, there is the more potent
pation will perhaps be fully borne out as the facts
of this reason why bankers and the public should regard with less
faithful, industrious
disgraceful failure are
The
more completely disclosed.
receiver has discovered that Taintor was short
than $40,000, which
official
he
bad embezzled prior to
inspection which the examiner
October, 1872.
favor the keeping of special deposits
in
banks; and the
more custom would die away much more rapidly if it were better
the last kcown how doubtful redress would be if the securities
made of the bank in
This early date of the defalcation was sus-
should be lost or stolen.
Secondly, it cannot be too earnes'ily impressed on
and the reason is also disclosed invest jrs to put their money as far
as possible into registered
why the examiner could not have discovered it.
Taintor securities. These cannot be used by a thief, as they are
bad stolen the securities on special deposit In
the bank vaults payable on written orders.
They are as secure as the
and belonging to private individuals. Of
these securities coupon bonds are unsafe.
If a registered bond is lost it is
no record was kept in the books of the bank,
and if (here of little value to the finder. Nobody but the real
owner
had been such a record it did not lie within
the examiner's can sell it or collect tl e interest,
and consequently it is sure
powers to take cognizance of these valualiles.
Even Taintor to come back to him. If coupon bonds must be ha.l for
himself declares that up to the very time
of the explosion some specific purpose
they should be placed where they
no examination or investigation however
searching could will be in safe keeping, by
which we mean either in a safe
pected, but
is
now
certain
;
THE CHkONICLE
-Jay 24, 1873.]
deposit
company or
hands not used to buy and
in
to deal in such securities in
Wall
sell
or
street or elsewhere.
Yet
There are some olher cautions suggested by the Atlantic
Jiank failure touching the aangers of our National banks,
the payments
have been made just as efTectwhole had been transferred in coin. The
of payment, however complicated, has of course
still
ively as
proces-s
67911
if
the
two chief elements ; first, exported goods, and secondly,
by a exported securities. When the whole transaction shall have
clever defaulter who has crept into some place of minor been completed, one result will be
that securities to the
or greater trust in the bank.
What these dangers are amount of nearly 1,000 millions of capital which were
and
their exposure
to
be robbed
we need not now discuss
known to bank officers, and
at
the
and swindled
length.
Clearing
They are well formerly held and owned in France, will be transferred and
House will, we held in Germany, or for German account. It is the stupendous
some better safe- task of absorbing these vast amounts of imported capital
trust, give its attention to them, and see if
guards citnnot be contrived against them.
A well con- which is putting the banking system of Germany to so severe
body on the subject might con- a strain. And not only so, but new corporations have been
tribute to reassure the public mind, and would in other formed during the last two years, having an aggregate capital
respects be of service at the present moment.
of 5,000 millions of guilders, which is equivalent to 1,200
millions of dollars.
It seems impossible that so rapid a
growth of moneyed institutions should not give two resulft.
THE INELASTICITY OP THE GERMAN BANKING SYSTEM.
from
sidered report
this
enumerating last week the probable causes of the First, a gradual advance in the deposits of the banks,
Vienna panic we mentioned the inelasticity of the monetary and secondly, a notable increase in the relative strength of
machinery of Austria and the imperfect development of the the bank which forms the centre of the financial system.
This central institution, as is well known, is the Bank of
bank machinery in Germany, and we ascribed to the last
Prussia, which has a capital of 22 millions of thalers, with
named circumstance a large part of the trouble which has
spread so widely, and has disturbed the financial equilibrium 277 millions of coin, 242 millions of note circulation, and
of the chief German cities during the past two years. To only 20 miUions of deposits. The circulating notes are not
restricted in amount, except that by the existing laws the
illustrate some aspects of this movement, we give below the
issues are to be secured by one-third gold or silver coin
statistics of the German note-issuing banks
one-third bonds, and one-third bankable paper safely
•TATMTI08 or THB BANKS OP OBRMANT, JAN. 1, 187S.
In
:
(In thoa sands of thalere.)
ASSXTB,
Bakes.
By
indorsed.
Liabilities.
Coin
JOUls
and
qf
Nolfi
ex- in cir~
buUion mange culafn
Oth^
Depo- nobilsits.
order of 11th April and 5th October, 1846,
the present currency powers were conferred on this bank,
when
it
was made a
ities.
enlarged to 20 millions, and likely to receive
since
Prussian Ban!c In Berlin
Berlin Cash Association
Koenigsberg Private Bank (In liquid'n)
Dantzig Private Banlc
Property-holders' Bank of Pomerania..
Provincial Bank of Posen
City Banlt of Breslan
for Priis'ij Upper Lasatla in Qoorlltz
Magdeburg Private Bank
1768 158.103 114.996 242.242 20.577 10.851
1850
534
2.553
715
11.904
18S6
59
1S8
175
1857
'2.33
.34(1
2.671
948 1.158
1824
3.176
361
909 1.056
805
1857
311
1.63S
897
147
19
1856
1.79)
335
960
95
988
1856
333
1.862
999
1.217
1866
366
1625
985
8S.3
5
Hanover Bank
1866
1.435
2.916
3.553
283 1.293
Frankfort Bank
1854 15.001 11.907 15.042
9.977
Hessian Bank in Hamburg
855
90
179
285
'iis
Cologne Private Bank
1856
838
2.767
l.oon 1.337
Saxon Bank in Dresden
1865
9.215 11.678 20.988
62 2.759
Bank for South Germany in Darmstadt. IS.W 2<484 6.535 6.877
539
Bank of Weimar
1853
1.282
3.262
8.065 l'.3.35 ).(X»
Brunswick Bank
1863
1.384
4.761
4.487
2.069
Private Hank of Ootha
"28 1.307
1856
1.021
2.960
2.568
Anhanlt Dessan Bank
1847
2.53
1.C06
998
323
289
Thuringian Bank in Soudershaasen. . . 1836
770
2.430
3.000
171
410
Bank in Gera
2.978
1,064
2.928
120 1.429
Commerce Bank in Liebeclc
1865
335
1.334
786
63 1.202
Bremen Bank. . .
5.068 10.476
5.553 6.814
:38
',
Vk
The Stale
furtlier increase;
the
amount
1,906,800 thalers.
of
^
200.272 195.591 319.960 34.869 47.946
The most notable
feature of these reports
of the deposits, which are but
.35
is
the small
sum
millions of thalers against
still
bank to
The private shares were
also holds stock in the
held in 1872 by 1,451 holders of 11,749 shares in Prussia,
and by 865 holders of 8,251 shares
The gradual growth of the Bank since
1846 is shown in the ^ubjoined table:
in foreign countries.
its
reorganization in
CONDITION OP THB BANK OF PBC5SIA.
/-Capital Subscribed
by^
Oocernment. Stockholders.
'
Total.
joint stock corporation, the capital
contributed by the stockholders having been 10 millions,
Thalers.
1,197,653
1,197,653
1,197,553
1,885,000
1,835,000
4,835,000
1,835,000
1,897,000
1846
1850
1856
1861
1865
1667
1868
1869
1870
1871
In
•...
1,897,000
1,906,800
Thalers.
10,000,000
10,000,000
10,000,000
16,000,000
10.(00.000
10,000,000
10,000.000
20,000,000
20,000,000
20,000,000
Surplus.
areutalon.
Thalers*
Thalers.
8,688,200
tO,8Sl,000
47,134,900
!0»,91O,C0O
lt5.a0i,S<8
128,131,000
13»,91S,000
145,108.000
i<s,a«a,oon
2*),62S
S,8S6,9»S
3.841,431
6,000,000
6,000,003
6.000,000
6,491,011
6,000,000
U2,M3,000
1872 the bank had 163 branches established
in all
200 millions of coin and 320 millions of n< tes. It will be parts of Prussia, including Alsace and Lorraine. Its
interesting to watch the growth of these bank deposits in aggregate power was comprised in the following items in
succesf ive years under the
poiiriDg into
stimulus cf the capital which
Germany from
France.
is
Never before has so
important a transfer of capital been so conspicuously exhibited in the financial arena of Europe.
It is destined to give
to political economists abundant scope for interesting analysis.
For example, France is depleting herself of 1,000 millions
of dollars of indemnity money.
We
;
more apparent
suffering.
is
Germany, moreover,
i.i
receiving
much the richer ? If so, why is
her industry apparently so much less prosperous than that
of the French ?
Again we might ask how these prodigious
sums of money have been p.iid 1 Has France transmitted
she so
Jan.
Government
capital.
Private capital
Surplus
Deposits
Notes
1,
1871.
Thalirt.
1,897,000
... 20.000.000
...
6,491,011
.... 15,774.708
...163,260,000
...
206,413,719
might ask these gentlemen whether France be really 1,000 millions poorer than
the really was and if so, to 'ixplain why she does not show
these millions,
the last three years :
A OORltOATK or THI PRUSSIAN
Coin reserve
Jan.
1, 1872
Thalers.
1,906,800
30,000.000
6,000,000
20,577,088
242,242,000
Apr.
30, '78.
Thttltrs.
ilif
390,725.068
377,628,846
1,906,800
30.000,000
6,000,000
38,600,000
S«,S60,000
349.466,800
318,780,000
1872 we have added those for
two weeks before the outbreak of the late panic. It
appears that the circulation of the Prussian bank decreased
during that period 42 millions of thalers, while the acceptances and endorsements increased 40 millions. The
explanation of this is doubtless to be found in the payment
of 250,000,000 francs just made by France, a part of which
would appear to have been made in Prussian bank notes,
To
the figures for 1871 and
the last
them in gold 1 No. That is ascertained beyond question.
For during the last three years her coin exports have "oeen while
ttie
greater pa't would doubtless be paid in
bills.
An
She has been inniorting gold instead important feature in Prussian banking has always been the
By the law of December
of exporting it during the whole jcilod in which she has payment of interest on deposits.
been paying these bewildering sums, wiiose magnitude tran- 25, 1777, the rate of interest was paid at 2^^ per cent for
scends any transaction between two governmfnis ever niude fl.>posits, except on moneys deposited by the orphans' court.
before.
Deposits on behalf of mtoora were ptud 3 p«r cent ;
less
than her imports.
THE CHRONICLE
680
all
and courts, 2|
institutions,
charitable
those of churches,
per cent, and
The
others 2 per cent.
various amounlB
held in succeBsive years at these rates are given below, and
show how small a part of the deposits of the bank represeut
commercial transactions.
Tear.
Total,
cent.
Thalem.
Tluilem.
Thutera.
1 6it4.51«
l,t:0»,.M2
Vim
1790
1800
1810
1820
1880
1840
5,041, ass
4,882,242
6,396,092
6.^59,007
5,722,910
,
The aggregate
deposits,
]6,122,.'J0J
26,»!»li,02t)
ll.ti76,8B9
Sl,6p;J,0.">f,
9,929.s0a
24.9711,942
9,431.70!)
fi,.'^55.40B
8..M8,955
5,44«,130
6,050,400
6.424,500
6.059,810
7,032,130
S1,022,H'.I5
4,C83,876
0,8 0,244
6.()«8.120
fi.E.36,084
5,21.3,917
10.118,170
8.289.800
1880
1870
1871
9.923,59.)
7,080,119
6,697.4i»i
6,,'*8,702
10,1)81,170
li>60
^
iper
2K per cent.
»j>er cent.
thalers.
10.0.i6,»fl
7.17.3,970
8.607.4.30
81,570.817
89,228,075
it will
22,7.3!',2-0
21,847.1.30
4,4.5»,7-10
16,.').-2.3fiO
5,466,490
18,557,490
be seen, have not increased
though the other business of the bank has received
so wonderful a growth during the war and since. This
late,
be
will
best illustrated
by
the subjoined
tablt',
which
1873.
may
be seen in the action of the Houpe of Representatives of
Texas, on the 13th of this month, with regard to the State bonds
agreed to be issued to the International Railroad. It seems tlint
the International Company was incorporated by the Texas Legislature,
August
5,
1870,
across the State from the
SKPOSITS or THE PRUSBIAH BANK, 1770-1871.
mo
[JJaj? 24,
authorizi-jg the construction of a road
Red River
opposite Fulton to Laredo on
the Rio Grande. In passing the charter the State knowing that
without unusual inducements the necessary capital could not be
and congiderinur the execution of ihe
plan of great importance offered and agreed to give any company of
attracted thither for yeai's,
who would build the road $10,000 in ei>;ht per cent
bonds for every mile of road constructed. Relying upon this
guaranty, capital was subscribed and the road begun, and now
one hundred and eighty miles have been built, but not a bond is
forthcoming. The company, therefore, have applied to the courts
of the State to enforce the delivery. But just here this modern
legislative body stops in
and what does it do ? It does not
repudiate the contract, eaying we are sick of our bargain, and
will not fulfil] It, but it takes the novel action of declaring by a
solemn vote of 56 to 17, that the law of the previous Legislature
was unconstitutional in other words, it constitutes itself a court
lo pass upon the legislation of a previous body similar to its own,
and while ihat law is before the court awaiting its decision.
Such a form of government certainly has the advantage of
being very Mmple, even we might say primitive a single body
having the power to enact, enforce, and interpret laws. It might
be slightly inconvenient if it is to be followed another year by
capitalists
—
;
gives the total transactions for a series of years since the
establishment of the bank as a Government
by Frederick the Great, June 17, 1765
first
institution
EXTENT 0» THE BUSINESS Or THE FBDSSUN BANK11766 TO
ZTot transacVnt,
Thalers.
331,700
—
1871.
Tot. tran.tact'tis.
Thiilrrs.
ISW
1,.37.5,7I3,000
lt-65
!:.2rj,(ias,0fl0
3,425,870,800
867,918,000
515,856,000
1867
1868
1869
1870
1371
increase
in
43,287,900
170.946,100
76,632,000
1778..
1803.,
1820..
1830..
1840.,
1850.
S.34,e06,00fi
3,9.'.0.697,800
4,.373,521,000
6.46.5,413,400
anotht r Legislature equally powerful, putting the acts of the
present law makers in jeopardy. There is no reason to suppose
that this novel proceeding finds sympathy among the more
6,365,839.400
intelligent people of the State we notice that the Galveston
1871 to 6,000 millions, News and other leading newspapers express themselveo very
against 4,000 millions in 1869, will perhaps be shown decidedly against it. We refer to it, therefore, more as a freak
to be equalled if not exceeded by the busines^s ot 1872 when of the times through which the South is now passing, than as an
we get the reports. The profits for the year 1871 were 10 per indication of what we believe will be the mature final action of
the people of the State.
cent, or 3,423,585 thalers, from which was paid a dividend
;
The conspicuous
of 4^ per cent on the private shares, and
3J on those of the
Government. There is an accumulation of undivided prof t<
amounting
dividend
to 3,120,045 thalers,
which constitutes an extra
equal amounts to the State and to the private
stockholdeis.
Such are the main facts relative to the
in
How
general history of this bank.
uted
its
business
is
distrib
may
be seen from the subjoined table of its investments, conspicuous among which is the coin reserve, which
amounts
to $160,000,000— a larger sum than that of
Bank of England, which holds but $108,000,000.
the
INVESTMENTS BY THE PRUSSIAN BANK.
State ^Mtini.
DecemberSl—
1817
1820
1830
1840
1856
1880
1866
1311
Mortgages
A
Specie
tt
teal Estate.
Thalers.
4,6!K)600
Uullum.
Lombards
Thalers.
4,154,9C0
Thalers.
Thalers.
937.W0
1.3,272,200
3.247,;jOO
692.300
10.887,300
2,007,500
1,000.000
932.800
795,349
4.0f)7,800
11.877.(KX)
17,51.3.200
2,1.53,141
12,270,463
1,861,868
What
specific
1,04,5,500
1,4:j8,120
changes
8,754,700
17,887,600
in8,214,.'>37
131,461,440
277,528,846
2,736,800
2,881,4(0
5,649,:i00
11,626,700
8.893,624
18,199,173
23,017,365
Erchange.
Thaler'.
1,091,(0)
.514.7iO
1.97.5.400
9,227,f.00
12.468
31
48,lll6,,5«l
82,662,604
114 856,513
'-
The Champlain Canal Sheme.—The plan of improving the
Ohamplain Canal, now before the Senate with the approval of
the Absembly, provides for a very much more extensive undertaking than is generally supposed. It involves not only the improvement of the existing canal by which the limited traffic of
Lake Champlain finds an outlet to the river, but the construction
of a new canal from Ticonderoga to the Hudson which, considering
the nature of the country traversed, could only be done at
immense cost. Even if built, there would be difBculties encountered ihat would render its utility doubtful. Owing to the fact
that Lake (champlain lies at a lower level, water must be drawn
from the Hudson, and already the river above Troy is so reduced
that it could not be tapped for the purpose proposed without serious
detriment to navigation below that point, The gradual clearing
away
which the Hudson takes Its rise is drying
and diminishing the rainfall, and the volume of water
above the point where the effect of the tide ceases to be felt, is
said to be perceptibly lessening from year to year. If this be
true, we certainly cannot spare the water needed to fill the beds
of a canal emptying into Lake Champlain. But a more serious
or, at least, a more immediate
objection to the scheme, is found
in the fact that it is not needed and would only have the effect of
diverting commerce from our costly and debt-burdened Erie
the
of the forests in
soil
management o
to the new
demands of the Imperial 6nance is uncertain. The Keichstag
is too busy at present discussing the new coinage,
but some Canal without advantage to the commercial interests of New
fresh arrangement is inevitable in the circulating
notes York. With such a canal, we should be in no better position
than now to compete with Montreal for the export of grain
which it is in contemplation to retire in order
to
coming down the St. Lawrence and if we were, our little gain in
assimilate them to the new mark currency.
Thai the note
the
Prussian
bank
to
will
follow in the
enable
it
to
—
expand
;
issuing privileges of the bank will be curlailed, or burdened
with a tax is not probable, although the bank gains
more
than a million of thalers a year bj the additional
currency
which
it is
able to keep afloat
before the war.
bank
The
now above
expectation
that outstanding
that the strenoth of the
will be rcquiied to be increased
ty a stock subscription
is
would be more than offset by the increased burdens
which the construction and maintenance of the proposed canal
would impose upon the State Treasury. Indeed, we fail to discover that any reason can bo urged in favor of its construction
HS a public enterpiise which merits consideration. The Erie
this respect
Canal
be for
not yet utilized to anything like its capacity, nor will it
years to come, at the present rate of annual increase
in traffic. This statement is fully substantiated by the annual
reports of the Auditor of the Canal Board for several years past
is
many
of over twenty million thalers, making the
whole capital 40
50 millions, a sum on which, as we have seen, the present
and we fail to see why the L3gislature should consider with any
business of the institution would pay adequate
favor at all a bill to open two water routes for the accommoda
profits.
tion of a trafiic not great enough to tax the capacity of one.
lo
CURRENT TOPICS.
Thb Inteknational Railroad and the Texas
Legislatcre.
—One of the most forcible commentaries upon the average
lect compoeinj; a
intel^
Southern Legislature under the present regime
European Steamship Line from
Philadelphia.— The
newspaper.s of our neighboring city have of late and with reason
been congratulating themselves upon the successful trial trip o f
the "Pentsylvania," the first of the proposed line of steamers
May
THE CHRONICLE.
2i, 1878.]
from that
A» or BASK.
This vessel sailed this week Thurs.
city to LiTerpool.
hoped that its succeiB will be all that is anticipated^
so that we ma/ have established a purely American line of steamships trading, as the Philadelphia Press expresses it, " between
the manufacturing capital of the United States and the commer
In the same connection the comcial capital of Great Britain."
pletion and opening of the Delaware & Pennsylvania Railroad is
of special importance.
The road is forty miles long, and extends
from Pomeroy, on the Pennsylvania Central, to Delaware City, at
the head of the bay, and about forty miles below Philadelphia.
Navigation on the Delaware is partially or wholly suspended by
ice every winter, but by the completion of this new link the diffi"
culty is wholly overcome. It is the purpose of the Pennsylvania
d&y, and
it is
'681
BBDBBXlaS Aa»T.
The National War- Tho Importer*' and Traders' National
Bank o( New York, approved In
rcuBanlc
Rhode Island—
Warreu
place of the fontlnental National
Bank of Nrw York.
The Farmom' and The Albany (;ity National Bank. AIbany, approred aa ao addHleaal
actnnfftt'
National Bank..., Ueduiiiptlon Aitent.
^„
Tho First National The fcniral National Bank of Phl»delphia, aiiiirovcd In place ot tb*
...
Baok
National Ilauk of tho BepuIiUe,
Philadelphia.
'he
The First NaUooal The first National Bank of Chicago.
approved In place of the Secood
Bank
National Bank of ChicsKO.
Tho National Bank of me Republic,
The Second Nat'
Now York—
Mannf
Poaghkcepsie
Pennnylvanla—
B«tb«lem
Illinois-
Bats via.
nil noil—
Bank
The City National
Cliicago
Iowa—
Now
York, approved.
Bank of New
an additional
Agent.
Na- The Fourth National Bank of N«w
''
'
i
York, apnroved.
..^-..„
1-..,
Bank.
Codar Rspide.
—
Th'! Fourth National
York, approved ns
-.'*
Company to ship to this point all the grain that now Wyom'g Ter.— Tho Wyoming
~'
tionalBank
Lari
aramle City...
comes from the West and is exported from Philadelphia also all
n«v National Banks.
of the coal and much of the lumber. The cost ;of transporta,|,,.„ „
The following; is a list of National Banks organlzedj since the
tion will be the same as to the latter city, the distance being
inst., viz.
the same. With this new terminus accessible at all times of the 15th
Central
'
;
'
'
i
,
,
,(
No.
year from the Atlantic, one very serious diiHculty which has been
urged as standing in the way of the success of this line of
steamers is removed and we trust that every other prophtcy of
Official
omen (and what new enterprise does not take
will prove equally shadowy.
the midst of many
2,109— The National Bank of Barre, Vermont. Authorized capital, $300,000;
paid in caplial, $100,500. Norman W. Braley, Prei>ident
-;-,,,
Cashier. AuilioriziKl to commence buKincss May 17, 1813.
2,110— The Wyomlnj; National Bank of Laismie Cliy, Wyoming Territory.
Authorized capital, $50,000 paid in capital, $50,000. Edward Ivlnson.
President A. Q. Swain, Cashier. Authorized to commence baslnes*
2,108—The Union Market National Bank of Watrtrtown, MaasadiiUett*.
Adthociaed capital, SlOO.OgO; paid la capital, $90,000Qvagfi S.
MarcH, President; .Jno. K. Sttckucy, Cashier. Authorized to com-
mence
;
ill
its initiation
In
—The anxiety manifested by the indi
vidual stock-holders of the New York & Brooklyn Bridge Company to withdraw from that enterprise and leave it in its present
unfinished state upon the hands of the municiDalities of the two
completion,
cities jointly interested in its
is
,
now
trying to induce the
To
two
cities to
return
17, 1878.
,
,
Authorized
2,111-The Mantilactorers' National Bank of Boston, Mas.".
caplul,*$500,000; paid In capital, $2(i2,M0. Kdward Tnrner, President;
commence business May
Francis E. Scaver, Cashier. Authorized to
31. 1873.
,
RATES OF B.VCHANGB AT I.OM>ON, AND ON LONItOR
AT LATBST DATB8.
BXCHANQB AT LONDON—
MAY
OS-
this
KXCHANQB ON LONDON.
9.
I.ATXBT
TIJtK.
Amsterdam
Antwerp
DATS.
months.
3
—
-
12.01
25.50
20.00
25.37
short.
^.80
.'.
3 mo*.
short.
short.
8
9.
©I0.60
months. 25.15
,
Vienna...
May
1
20.47
Hamburg......
Paris
Paris
^18
12
short.
. .
..
r>.M%&
Berlin
Majr
0.25
9.
3mo8.
6.19X
inx
short.
Frankfort
Petersburg
....
aixasiM
Cadiz
47;i4>8
Lisbon
90 days.
S2X@53
Milan...
.. 3 months. 29.(5
®29.65
Genoa.
29.55 «»'J9.65
....
Naolea
28.SS @SOM
New York....
Rio de Janeiro
Bahia
...
..;.
St.
.
May
AprU
Buenos Ayres
Peruambuco
'
Jit..U>l
.
..
...
AprU
Montevideo...
Bombay
Calcutta
Ilonjr
U.
60 days.
...
U.
.
Shai'.tjhai
Singapore.
26X
28K<a2«X
iuaiix
48K
2«K
ViH
May & Bmos.
May 8.
10X<t.
10)id.
Apri
is. 5c/.
....
....
20.10
lOPX
4.
27,
May
May
isiid.
l«.ii a-i6<i.
U. 11 3-16<i.
27.
April
Kong...
short
60 days.
17. 90 days.
M«b. 30.
Mcb.25.
Mch. 31.
Meh. 31.
'
Valparaiso....
9.
May'9.
i».
Peuany
Kurmcnee
Havana
Alexandria...,
April aa
SOdayt.
3 mos.
has not been necessary to obtain the sanction of the
Legislative Assembly, since a law which was passed in 1836
intrusts the Government with the power of altering the tonnage
rules. The dimensions are, as in the case of the German and
Austrian adaptations of the English rules, to be taken in metres,
and the contents in cubic metres is to be divided by 2-83 for the
tonnage. The allowance for propelling power is, for the sake of
uniformity, to be estimated by the percentage rule at present in
force in England. liomeasurement under the new rule is to be
made compulsory all old ships are to be measured on their first
visit to discharge cargo in any French port.
In this respect the
Port Elizabeth
Mob.
90dya
It
;
from the English, as a large number of
English ships built before 1854 (when the present rule was
adopted) are still assessed upon the tonnage as measured by the
imperfect rules in force at that period. It is understooi that the
practice is different
question of international tonnage
is under consideration by some
other European Governments, and that the English rule is likely
to be very soon adopted by Holland.
Um.
COINGES IN THB REDEEMING AGENTS OF NATiONAI
The following are the changes in the Redeeming Agents
of
Zealand)....
Adelaide
Melbourne
7
....
....
Auckland (N.
r-v-::.
13.
SOdye
.i,.i.-r.w
Feb., 88. 60dys
....
60 days.
Sydney.
1
1
I
uu.
7.
International Tonnage.— The French Government have
decided upon adopting the English rules for the measurement
of ships.
The new system is to come into force on the 1st of
June.
'
'
Coteat ilTonetara anlr (Commercial (f iiflliBi) Nctba.
them the money
end they are endeavoring to obtain legislative
sanction for the proposed transfer of the private stock to the two
cities at par , and as this will not be obtainable from the present
Legislature, the question of whether they should be allowed
thus to withdraw from the company or not lacks something of
immediate interest. We fail to discover that they have any good
reason for their dissatisfaction, but as the cities of New York
and Brooklyn already own about nine-tenths of the stock, and
will have to subsorilje what may yet be needed to complete the
work, it is very likely best that, if it is to be completed at all,
they should have the entire ownership, and in such event the
bridge would be made free. Before it is finished, however, is it
not probable that we shall find we have on our hands almost as
troublesome a blessing as the State of Massachusetts has in its
Hoosac Tunnel ?
invested.
;
;
May
another proof of the
difficulty of harmonizing public and private interests when
governments enter into partnership with individuals.
Some
time ago, it will be remembered, the private stockholders made
an effort to reorganize the company on such a basis that the
trustees of the stock owned by the cities of New York and
Brooklyn should have practically no voice in the management.
Failing in this they became dissatisfied, for obvious reasons, and
are
1S73.
;
'?)
1,Thk Brooklyn Bkidgb.
May 18,
busirtf 88
97X
buying
2 p.
c.
rate,
dia
iselling rato
seilin),'rute
buying rate
per cent dls.
aeUing rate
jbuyingrate
correspondent.!
\
pr
V
percent, dit.
From our own
. .
Ibuyiugratc .. d.sell log rate
pr
I
Ibuyiug rate )i d.
..
..
..
..
.
prd.
pr.
d.
,
London, Saturday. May 10, 1873.'
The more prominent feature in the week just concluded is the
advance in the official minimum to 4J per cent. A rise to that
point, or even to 5 per cent, was anticipated in many quarters
owing to the fact that the price of money on the Continent has of
late been increased, the minimnm quotation in the German
markets bemg six per cent. Some are of opinion that an advance
of one per cent, or to five percent, would have been more prudent
but the only reason for effecting it would have been the dearness
of the German and Dutch markets compared with our own. As
regards the London market, there is no actnal pressure or vigor
in the demand, and the supply of money is good, while it may be
said of the German markets that the causes affecting them at the
present time are likely to prove but temporary, so that a sudden
return of ease may not improbably take place. The directors of
Banks approved since the l.'ith inst.
These the Bank of England have, no doubt, contended that in advancing
weekly changes are furnished by and published in accordance the minimum rate to 5 per cent, they might have been so much
with an arrangement made with th« Comptroller of the Currency
above the open markets that the result would have been a large
National
THE GHROMCLR
(582
rMa-y 24, 1873.
of the Bank have run off tariff's, the business of the com))anies has largely increased. Last
and there is a decrease in the year the companies must have forwarded 9,13) words per day.
The stock markets have continued to be wanting in animation
supply of bullion of £498,635; but the latter is due more to
to the close of the week, owing to a panic and to numerous failInternal than external causes, the absorption of coin by the Prov.
ures on the Vienna Bourse. The Berlin and Frankfort Bourses
iuces and by Scotland having been much greater than the export
but the effect
hovperer, is still a large buyer of gold, and have also been affected, aud have been depressed
demand. Germany,
her agents purchase nearly tlie whole of the supplies as they hei» has been chiefly confined to a few foreign stocks, aud principally French and Italian. In this market there is an almost
It is for that reason, and also that money is so much
arrive.
dearer than in Gernmnv, that many contend that a five per cent cotuplete indisposition to operate, owing to the uncertainty which
The "other
^088 of business.
BPOirities"-
to the extent of £536,088,
week
this
;
On
rate is immediately desirable.
changes
to
is this
money market.
prevails respecting the future eourie of the
the other side of the question,
be said, that if Germany requires the
gold for coinage purposes, and possesses the means of buying it,
The
a five per cent rate would be as ineflTeetive as 4J per cent
proportion of reserve to liabilities at the Bank, which was last
week 33} per cent, is now somewhat under 33 per cent a point
below which it is desirable it should not decline.
The supply of money seeking employment is good, and loans
for short periods are obtainable on comparatively easy terms, viz.,
3 to 3i per cent. The demand for money shows a healthy degree
of activity, and discount accommodation is not obtainable under
however, there
in prices are generally adverse,
The following were
taut.
principal
American
but are
ni)t
the closing prices of consols aud the
securities this afternoon
:
Consols
United States b per cent 5 20 bonds, ex 4-8
xd
do
2d8eries
do
ISOSissue
xd
ilo
18«7i8sue
do
5 per cent. 10-40 lionds, ex 4-8
do
6 per cent Funded Loan, 1871, ex 4-6
id
Atlantic and Gt West., 8 per cent. Dubent's, BischolTsheiip's ctfs.
Ditto Consolidated Bonds, 7 per cent.,Bisciioirsheim's certifl^tes
Ditto 1st Mortgage, 7 per cent bonds
:
Ditto 2d Mortgage, 7 p«r cent bonds
Ditto 3d Mortgage...
Erie Shares, ex 4-6
Ditto per cent. Convertible Bonds,
Ditto 7 per cent Consolidated Mortgage Bonds.
Illinois Central Shares, *100pd., ex 4-6
Illinois and St. Louis Bridge, 1st raort
xd
Louisiana percent. Levee Bonds
93^®
^Massachusetts 5 per cfciii. sterling bds., 1900
New Jersey United Canal and Rail bds. ..
Panama Gen. Mort. 7 per cent, bonds, 1897
Pennsylvania Gen. Mort. 6 per ct. bds, 1910
Virginia 6 per cent, bonds, ex 4-6
—
the
official
Annexed are the quotations
minimum.
:
Per cent.
Pfer cent.
bank bills
4 V@5
6 months' bank bills
4;^fe.^
months' trade bills. 4X@^
4 aud
4 months'
4^
rate
Open-market rates
30 aud tiO divs' bills
a months' bills
The rates of interest
discount houses for
iX@^
92
ti
4X5^5
allowed by the joint stock banks and
deposits are subjoined
:
Per cent
Joint stock banks
Discount lionses at call
Discount houses with 7 days' notice
Discount houses with 14 days' notice.
The following
.'
3,V
Con
at the leading
tinental cities:
Bank Open
Paris
"
5
;..
Amsterdam
Berlin
fi
Frankfort
|
Lisbon and Oporto
St. Petersburg
4X
5^
iX
4}^
rate,
|
4^
Ilamliuri;..
Vienna and
Bank Open
I
market.
per cent, per cent.
rate,
Brussels
Turin, Florence
Madrid, Cadiz and Barcoloua
5
4^
Antwerp
5
.
5
4
4
33i
1871.
1870.
£
^
1872.
£
53.R40.I49
s
£
25,031.483
S6.2J.5.989
IS.'J
8,413,5111
]0,181.!)'.t0
10,:M8.%6
]8.88!>.n-23
]9.4»a.2M
securities. 14.070.798
Otiier securities
19.303,841
12.931,(195
li.».'8,74l
25 272,390
5 680,881
Government
8.881
2ii,8«7,200
12,042.101
1K,I34,S37
13..380.9B3
19,018.333
it,;57,aoo
13,30.S.829
24,5-10,003
7,943,419
11,337,155
13,874,296
9.929,15!!
10,27T,€57
and bullion in
both departments.... 1«,P63,.W9
19.';;81.900
2.3,3115,811
20,789,032
5 p. c.
21.005,462
4}^ p. c.
Keserve of notes and
Coin
Bank rate
IVS p. c.
Consols
fa}i&.
quality
..
House
* Prices
May
ihi p. c.
c.
93><;d.
583. lid.
7>,'d.
94,'id.
43s. :jd.
ll>id.
Price or wheat
Mid. Upland cotton ..
No.40 mule yarn fair 2d
Clearing
3 p.
44s. 4d.
..
ll'Ad..
Is.
2«d.
return. 59,776,000
Is. .3Vd.
G4,141,0i;a
Is. 0>5'd,
*3Kd.
93d
Id.
9 l-lOd.'
515s.
Is. 2Vd.«
10:1,294,000
Is. .".'id.
small, the arrivals of bullion
and dollars from the United
States.
A sum of £343,000 is due on the 20th inst. from Alexandria, and it is expected that the whole of the supply of bar gold
will be sent i\broad. The sovereigns, however, which are being
of silver
cliiefiy
j'eturned fiom Egypt, will no doubt be sent, as usual, into the
One of the features in the bullion market during the week
the return ot £170,000 in sovereigns from South America. The
market for silver and dollars presents very little change. The
Bank.
Blake
in
W>
(^A
94
'.t8
ttS
91
91
42
the
14,000,000
wheat
(fhlO't
@
93
18.1(10
tgi
44
there
bushels,
trade,
and
The reason
maintained.
is
the
is
is
value
so large
obvious.
as
Bar Gold
BarGoid.flne
Bar Gold, Iletinable
JSouth American Duubloous
United States Gold Coin
:
general and copious rain, after several weeks of very cold,
retarding, but dry weather, has greatly changed and improved our
agricultural and fruit prospects, especially as regards the large
brearttU of spring-sown wheat, aho barley and oat.-i.
The wliesit plant is now putting forth its spring or surface
roots, and, concurrently, that happy tillering of the stems iind
curling of the leaves, which are always promising symptom-*.
The season is also propitious for the potato crop. Apples, pears,
and cherries are likely to be abundant beans, pens, clover, tares,
aud pastures promise well. Land will now be in fit condition lor
root crops, sown and to be sown.
Let us hope to escape the fatal frost of the 20th of May, which
last year did so much mischief.
;
viz.,
from September
1 to
Kingdom
the close of last week, compared with
77
77
77
73
peroz.
per oz. none here.
^.
d.
9><r@
»><a
IIX®
\)
....
B. d.
....
....
.
.
@ 74
@
1872-'3.
....
6.714 098
942.156
l.Rls7'.8
13.617 120
4,795,143
9 153,-«2
«,.' 07.718
Beans
IndianCorn
Flour
B.
d.
4 It'i'S
.
Wheat
cwt.
1870-71.
22,380.280
n..W6,971
6.3ia,677
1869-70.
28.684.449
6,741,aU
(i.Vi,612
.515.699
6,7;2,I95
916,613
9,405.437
13,743,315
2,230,907
1.265.981
10,118.896
3,lb9,274
13,245,900
4,407,675
l,29'J.4s6
EXPORTS
5
®
Barley
O.its
..
Peas
A statea.ent has been published showing the average receipts
per day of the Atlantic Telegraph Companv.
In 18G6, they
average £747 per day in 1867, £897 in 1868. £936 In 1869, £906
in 1870, £1,278 in 1871, £1,650 in 1872, £1,885 per day. It, will
be eeen, therefore, that with increased facilities and with reduced
;
27.081, ;«0
11 2IM.9-1
Oats
Peas
.
cwt. 31.072,970
B.irley
0H(^
peroz.
no price
per oz., last prices. new,4 11^ old, 5 IX
..per oz., none here
;
1871-72.
Wbeat
8.
per oz. standard, last price.
ers. Gold, per oz. standard, last price
;
:
IMPORTS.
s.
per oz. standard, last price.
per oz standard,
do.
per oz. standard,
do.
;
of
since harvesii
the corresponding periods in the three previous years
:
eOLD.
;
(i't
@ 95
M ® 91
^100
40 @ 45
xd
cereal'produce iuto and from the United
following prices of bullion are from the circular of Messrs. Pixley,
Bar Silver, Fine
Bar Silver, containing 5
Fine Cake Silver
Mexican Dollars
Five Franc Pieces
95
94
The following statement shows the imports and exports
is
&
"I^IJSb 49>»
A
1.
Abell, Langley
produce
crops, is interesting
64b. 11(1.
11 l-lOd.
83,425,000 10i,3S8,000
The importations of gold have been
having consisted
@
76
7(i
07 Cr^ 08
3.iX!a 36
;
1873.
.
n,4tl5.0!t«
;;4,n87,l.')7
coin
4'5
@ 58
@ 40
—
i869.
......
5.ti
accumulating at the outports, and the quality of the English crop
remaining is very inferior. Hence good foreign wheat, es-pecially
red, commands a ready sale but the trade is technically called
slow, because importers meet the demand freely. But, however
that if, as
sellers may choose to describe it, one thing is evident
the annexed return shows, we have imported naarly 36,000,000
cwt. of wheat and flour since the 1st of September last, while
there has been a diminution rather than an injrease in the stocks
of foreign produce, a large trade has been carried on. The margin
of profit has been small, but Ji is more than probable that the
magnitude of the transactions has resulted in a very satisfactory
return. The following letter from Mr. Mechi, respecting the
:
including
hank post bills.
Public deposits
Other deposits
89ii® **9^
they are at the
present time, for so bad a crop has never been harvested for
many years. Our stocks ore low, for there is no foreign grain
Upland Cotton, of No. 40 Mu^Ie Yarn fair second qualitj
and the Bankers' Clearing House return compared with the
Circulation,
or
quarters,
firmness
Our requirements were never
is
four previous years
sound
of
a statement showing the present position of the Bank
of England, the Bank rate of discount, the price of Consols,
the average quotation for English Wheat, the price of Middling
Annexed
1,750,000
considerable
and
Rome
Bremen
5>f
5
least
4«
5
Leipsig
6
6
Trieste....
market
per cent, per cent.
7
7
5X
SBK
88'.i@
have enjoyed a week of fine, spring-like weather. There
has been a moderate fall of rain, micgled with warm sunshine.
Vegetation has made rapid progress therefore, and the agriculBut, in spite
tural prospect is as encouraging as could be desired.
of this, and of the fact that there are now as many as 312 cargoes
of wheat afloat to the United Kingdom, which represent at
4
-.
money
for
-JOJi
91'4@ 92>i
93J,ia94
We
3?i
..
OOX®
'.
Sy.
are the rates
90 Jj© ^1
.
.'
Bank
The
very iinpor
;
Bc'tns
Indian Corn
Flour
'l81.0.'50
12.368
12,027
6.0 iS
1.'233
2li,217
11.711
B.OOl
2 058.890
100.214
1,274.882
47.172
10.712
20.647
48.777
.57.2r0
2.043
14.044
1,.'!0a,4.W
lri,833
a.0.59.642
14,545
97..5.'i0
7.512
23').201
18..')ll7
8:i,9o4
ll,I-.'9
returns for April and the four months
ended 30th April were issued yesterday. The declared value of
our exports has been £31,343,036, against £31,033,516 ia 1873, and
The Board of Trade
May
THE CHKONICLR
24, 1878.J
£17,108,442 in 1871. The total for the first four roonthi of the
year was £83,719,803, against £78,008,880 In 1873, and £64,828,047
in 1871.
The declarod value of our imports in tlie montli was
£31,246,321, against £2S,GG2,«85 in 1872, and £29,770.962 in 1871
r83
—
London Money and iitoek M>trket. American seen ritiea, ex.
cepting lO^O's, close at an advance in prlcei.
The bullion in the Bank of England has decreaaed £444,000
during the past week.
The rate of disc^iunt of the Bank of England waa advanced
and in the four months £110.1 13,«24, against £115,705.285 in 1873,
and £106,398,856 in 1871. The following figures relate to the May 17, 1 per cent and is now per cent.
Hat
Mon.
Toes.
Wed.
Thar.
Frl.
iour months ending April 30
OS},'
:
Consols for
IWl.
Imports of cotton
Kxportu of cotton
Kxporti) of cotioii
cwt.
cwt.
yam
"
7.««7.515
1878.
5.769.T0.3
5.1!18,i)l«
l.-iaMO
805.H87
&5(i.8i)l
ifr.i.
lbs.
5«..'.04,3«
0),487.Ml
70,»«.985
Exports of cotton piece goods.. yds.
Kxportsof lion and steel
Ions
Ksportsof lineu yarn
lbs.
Kxporis of lluen piece Roods ...yds
Kxports of jute manufactures... yds
KxportB of silk nianufacturcB
Krporta of wool. Eniilish
Ins
Exports of wool, colonial and for-
1,048,717.463
l,125,0.'>H,7i9
),162.»7».«fll
775.5.17
ia,.V3.\510
H!W.(k;7
10,5li7,7»a
8l>,iiOi),.'70
!M,.1l5,(i!>8
SM.Wii',.".:)!!
93X
93«4
<K<K
«.'«
91«
»8X
SIX
!«V
8'«
88X
04
88)t'
MH
88«
89X
nx
M
MX
MX
B2.25i),.vj«
J8,7Uii.i)Vi
M«
V»li
MX
MX
9»X
WV
MV
my.
9HH
93X
9«7,.Vi()
(ifi,;l37,l3«
money
account
a. 8. 6a(6-30s,118U6,old.. 9I><
1867
9-Mi
n. 8.io-40a
ana
69
New Ds
pIiiu
lb.
Exports
Exports
Exports
Exports
Exports
Exports
of
of
of
of
of
of
woolen yarn
woolen cloth
worsted stuffs
lbs.
yds.
yds.
yds.
yds.
yds.
*o
blunketa,
flannels
carpets
The imports and exports
1873, as
Tb 3
U.Oii.iVi
Hll,W^
3,(iOi»,«i«
1,436.433
33.9-2I.n0S
ji!.15.3,HM
4<,4H7,IfiH
fort
li(13,(jlH
S,585,BIi
24.206,340
£(187,1187
U,3i6.0i0
H.i.09,4*l
1,8.1H,7'.I4
2.0«ill.510
2,188,917
4,063,656
month
of April,
1872
cwt".
1871.
cwts.
9n,757
401,19.1
20.919
aO.loS
1,416,649
porte
To
other countries
,
Total
16.0:i7
60,950
78,821
44.349
74.917
29,525
ToUollttud....
37,13i
6T,85l
17,524
9.912
321,406
83,109
19,3l.S
11,8.30
150,289
Imports.
.
Exports.
,
April.
198,.«4
April 30.
.April.
878,041
13,.')87
123,:143
l,08;l
111,114
27,025
14,591
240,724
131.467
65,646
36,205
551
"
887,392
1,439,221
B2.:j84
Month
4
months
ended
April 30.
.—Forwarded from ports
to inland towns.—,
152,187
B9.'),0I8
21,229
116,153
49,;151
200,613
98,iJ20
21,618
3,716
14,478
bales.
Mlaceiloneooa
Total
248,081
1,024,882
Month
Mouth
4
— Bacon
«
\t
12
II
« 6
86
32
B
36
32
t
»7
5
»
86
3»
380
880
the prices of
closes at
lower.
ended
April
d.
;i8
6
— Refined
Thnr.
d.
8.
88
60
38
40
68
67
33
40
70
Mon.
d.
FrI.
d.
s.
87
66
38
3!»
6
6
6
67
ft.
d
876
«
65
hS
8»
67
6
6
petroleum has declined
79
a^
1
"
London Produce and
d.
10
49
88
406
Oil Market*.
—Prices
IB
2'.^
1
10
1
iU
10
10
42
38
42
88
40
»
79
16
2M
1
10
10
42
3S
•. d.
7»
IB
2X
1
Frl-
d.
r.
79
16
2X
1
Thnr.
d.
s.
79
16
10
Wed.
Tucs.
.
d.
8.
"406406
30.
4t
38
38<
886
6
same
to-day are the
as at the close last Friday evening.
1,0,53
Mon.
Sat.
£
4 months
LiHseedfCalcntta)....
£
d.
s.
Lins'dc'kc(obl).9 tn 10
646
9agar(No.l2 D'ch std)
onspot, ^cwi
29
Spermoil
« ton 91
Whale oil
" 39
Linseed oil.
33
of
ended
April.
April 30.
,— Forwarded from inland towns to ports. -^
712
3,292
1
6
47
99
86
40:i
1.'.2
8
864
s.
880
6
40
70
Wed.
Tuee.
d.
s.
00
10
s.
Tncs.
£
d
646
290
00
95
39
33
a.
d.
10
Wed.
£
646
290
96
39
S3
s.
Thnr.
£
d.
10
00
646
29
95
39
33
FrI.
s.d.
00
£
t.
A.
10
10
646
646
MO
890
95009500
39
39
33
.33
COMVIKRUIAL AND MISCELLANKOUS NEWS.
3,952
—
Imports and Exports for the Week. The imports thig
week show an increase in both dry goods and general mer.
chandise. The total imports amount to |7,938,2C3 this week,
London, Saturday Evening.
the Bakk Rate. — The directors of the
against $6,387,442
England have further advanced their minimum rate of
The exports are
to five per cent.
The movement has not attracted much
FcRTHEK Advance
discount
38
86
32
Mon.
79
Vgal
(spirits^
mouths
POSXSOHIPT.
of
380
3
«•
S
12
«
67
Tallowr American)... V cwt. 42
Clnverseed (Am. red).. '• 38
Spirits turpentine
167,592
EuBtlndlan
Egyptian
12
27
67 6
88
40 8
70
••
line
Petroleum(rellnud)
4.472
Brazilian
9
6
880
s.
114.015
958
of
April.
12
27
all
Sat.
2,8:11
Total
S
«
«
d.
II
6
B80
aoBln(com. N. C.)...¥<:wt.
45,721
36,3.18
,
II
1.
»7«
spirits turpentine 2a. since last Friday.
,
of
Miscellane
liscellaneoas.
Bank
and
id.,
173,059
ended
bales.
American
Other prices are
Liverpool Produce Market.
10,477
of
East Indian
feypilan
^
Bacon (Cum. cut) ncwfl cwt
Lard (Acnirican) ..."
ChefsetAmer'nflne) "
6I,.'XK)
4 moiitlis
Brazilian
6
36
32
Sat.
d.
10,382
38,811
Month
,
11
39
s,
:
American
week.
Beof(Pr. mess) new |l tee..
Pork (Pr. mess) ni.->v Vbb!.
Return sLowing the number of bales of cotton imported,
exported, forwarded to inland towns, and returned to ports,
during the month and three months ended 30th April, 1873
/
4
Fri
d.
t.
28
12
18
27
6
Thnr.
d.
r.
280
li
Liverpool Proviiioni Market.
last
1,678,163
4.'i,9.'")4
ToBelglum
ToFrauce
II
PeasrCanadian)...!gl Quarter 39
COTTON BXPORTED.
To Russia, northern
To Germany
Bpr)..Vctl
Wed.
d.
s.
286
closes dull a
21,171
1,949,004
Total....
market
Too«.
d.
B.
«
4
8
6
36
82
1873.
4511.249
d.
bbl 28
"
(Ked Winter)
" 12
"
(C'al. White club) "
12
Corn (West, m'd) ^ quarter 27
BarleyrCHnadian)....^ bush
OalstAm. A(;an.)....|» bush
901,823
86.739
17.266
173,915
8:15,152
V
(
cwts.
6S9.(i88
131,1107
16,1(10
s.
Wheat Kcd W'n.
COTTON IMPORTED.
1,401,899
84.687
1,842
104 5i8
Mon.
Sat.
„ fWcslern)
Flour
K)i
Uii
....
report of cotton.
—This
compared with that of 1873 and 1871, were as follows
From United States
From Brazil
From Turkey
From Egypt
From British India
From otUer countries
—See special
Liverpool Breadstiift Varket.
a decline in flour, wheat and peas.
8.211.1:0
!,97!,740
8,617,893
of cotton during the
KK
K)i
....
Liverpool Ootton Mtirkit.
116,817.39:1
3,147,290
*ere
Frankfort
13.245,201
12.t.490,414
ȴ
United Htates 6s (1802) at Frank-
dally quotMloaa for
ltl,2<W,!)il
Il,505,ii!i4
89,125,0111
3,.351.778
asx
ts
last week, and f 6,970,367 the previous weelv I
?5,483.894 this week, against $5,998,713 las
week, and $7,518,679 the previous week. Tlie exports of cotton
most persons were of the opinion that that quotation
ought to have been adopted on Wednesday last. There is uo
doubt that the German demand for gold is the cause of the upward
movement, and it is more than probable that the orders lor gold
have been augmented by the panic at the Vienna, Berlin and
Frankfort Bourses. But if that be the case, and if our money
market has acquired comparative stringency by over speculation
in Germany, it may be fairly argued thai the difficulty, if such it
may be called, is but a temporary one, as the speculation in Germany and Austria has been to a large extent in companies which
have failed to interest the British public. The intensity of the
attention, aa
panic, so far as
wo
the past week were 11,065 bales, against 13,934 bales last week.
The following are the imports at New York for week ending
(for dry goods) May 15, and for the week ending (for general
merchandise)
May
16
rOBXieM IMFOBT8 AT
NBW TCBK »OR TH« WXIK.
1870.
1871.
$l,l.6.5.."«)
t2."58,8fl8
IS72.
$2.19'<,633
Qeneral merchandise...
4,980,59:1
5,401,096
8,596,193
tl,340,2'«
6,698,008
Total for tnc week..
Previously reported
;;.6,616,173
113,116,!<06
160.904
14.3,6.'j6,3:)4
$10,793,826
170,814,4«8
169,&11,0«>1
$161,097,293
$181,603,261
$177,460,344
Dry goods
Since Jan.
(110,763,079
1
Jl7.
1873.
$7,838,263
are concerned, cannot be considerable, as such
In our report of the dry goods trade will be found the imports of
stocks as Egyptian, Turkish, United States and Italian, in which
the Germans are acknowledged to be large operators, have not
dry goods for one week later.
The following is a statement of the exports (exclusive of specie)
from the port of New York to foreign ports, for the week ending
fluctuated to an extent
demanding the application of the word
" panic."
May
The joint stock banks and
for money at call, and 4i per
20
IXFOBTS rBOM KIW TOBK TOR TOB WBBK.
discount houses allow 4 per cent
cent if with seven or fourteen days'
1870.
Portheweek
Previously reported.....
notice of withdrawal.
Since Jan.
EuBll'b market Report*— Per Cable.
$3 473.666
$3,93ii,.'>9.'i
1873.
$5,482,894
90,392,273
80,IMO,»U
100,640,6^
$68,460,645
$93.8«5,9:»
$84,837,638
$106,12.3.43}
1872.
The following will show the exports of specie from the port of
New York for the week ending May 17, 1873, and since the
Theddily cloBingquotationainthe marketsof London and Liverweek have been reported by aabmarine telegraph
pool for t he past
M shown in the foUowinjg^ aummary
1
1871.
$3,610,120
64,850 12^
beginning of the year, with a comparison for the corresponding
^
date in previous years
:
THE CHUONTCLR
684
Gipsey,
calbo —
Foreign gold
American gold
Prussian thalers
For London—
$30,000
34,690
7,218
980
600
Moxicau doubloons
American silver coin
May 14— St. New York, Bremen ~
2,20(1
IB -Str. Batavla, Uvcrp'l—
230,030
Silverhars
May 17— Biig A. B. Patterson,
May
Laguayra—
—
—
Uammonia, Hamsilver dollars
Silver bars
Mexican
May 15— Str.
Silver bars
Aug.81....
70,000
86,000
6.400
Mexican
87,464
9,080
Foreign silver coin
Foreign silver coin
For ParisTotal tor the week
Previously reported
Total since Jan.
19,079,003
$19,980,727
18TS
1,
Sams time
187S
$18,095,518
30,444,290
,
1871
MTO
,
$831,724
.
Same time in
10,20li,9;0
,
,11,962,577
....v.,j
July 6
Aug. 10
Aug. 17
Aug. 24
For London-'
Silver bars
silver dollara ....
burg-
Jane29
July 27,
Aug. 3
Botithamp-
ton
Silverbars
149,530
4J,OO0
silver dollars
JunelS... ,„..., .........
June82. ........;........
8,200
May 17— St. Woser,
In
$29,000,3.59
14,994.478
16,964,006
9.658,117
1868
1867.1... ..
1866
1865
Sept. 7
Sept.l4
Sept. 21
Sept.88
Oct.5
Oct. 18...
Oct. 19
Oct. 26
Nov. 2
Nov. 9
Nov. 16
Nov. 23
Nov. 30
Dec. 7
The Imports of specie at this port during the past week have
been asiollows:
Dec. 14
Dec. 21.
Dec. 28
May 12— Brig
£5,000
Jan
4,696
Jan
Silver
Oliver, Port-au-'
1,200
Silver
Gold
Tybeie,
If.
'"Totil for theweek.
i11..
..
,
1
Il
..';.. '.'I..
,
:
>
1
Total since January
In
1
1
,
1, 18*3^.
.
i I
11
3,024,5.TO
'...6,91l),632
National Treasury.
of certain
.'.itU
,,..
$63,088
.... 1,657,739
In
1869
1868.
1867... ...!.;.'.&..
1..'.
$8,644,624
3,064.855
(X.^... 1,056,073
— The tollowitig forms present a summary
weekly transactions
at the National Treasury.
—
1.
Securities held by the U. S. Treasurer in trust
banks and balance in the Treasury
for National
Coin
Week
For
I
;
,
,1
For U.
^Bal. in Treasury.—,
S.
Circulation. Deposits.
May 11
May 18..
May 25...
Currency.
Coin.
Total.
392.815,900
103.318,656 13,602,100
12,019,942
377,568,200 '15,552,660 39.3,110,200 100,618.340
377,749,200 15,552,000 393,801,200 97,157,152
6,644,370
June 1.. 378,.i41,200 15,552,000 .393,89.3,200
8,657,722
June 8.. 379,148,200 15,722,000 394,870,200 87.339.756
5,429,727
Juno 13,. 379,429,200 15,722,000 395,151,200 86,779,932
June 22 . 373,768,700 15,722,000 389,490,700 85,889,166
8,077,861
June 29 . 380.400.700 16.790,000 396,190.700
July 6. 380,420,200 15,800,000 396,229,200
July 13.. 381,108,900 16,869,000 396,967,900
9,764.610
July 20. 3S1,374,750 15,859,000 397,233,750 71,3!)4,841
July 27. 381,9,)4,200 15,759,000 397,693,200 69,919,613 11,421,353
.......
..........
.
Aug. 3.. S83,8«,3K) 16,769,000 .39,S,Sg3 200
Aug. 10.. 362,875,200 15,767,000 378,042,200 72,082,407 10,3.38,222
Aug. 17.. 381,974,200 1.5,757,000 397,731,200 71,504.321 7,208,602
Aug. 84.. 381..389,200 1.5.806.000 397,194,200 73,879,694 4,256,597
Aug. 31.. 382,0)2,200 15,793,000 397,826,200
Sept. 7.. 882,.S<«,200 15,793.000 398.186,200 72,991,220 8,682,879
Sept. 14.. 382,869,300 15,77.3,000 398,642,300
3s:!,4)3,700 1.5,793,000 399,236,700 76,001,444
5,007,177
Sept. 21
4,521,202
Sept. 28.. 383,821,200 16,793,000 399,614,200 77,874,168
Oct. 5.... 384,069,900 15,743,000 399,«12,900
"
""
Oct. 12.. 884,475,900 15,743,000 401,218,900 75,691,492 5,118,741
Oct. 19.. 381,150,i)00 16,743,000 400, 193.'.:00 76,907,635 4,936,900
Oct. 25. 384,832,900 1.5,793,000 400.(25,900
Nov. 2.. 884,988,900 16,743,000 401), '.31.900
Nov. 9.. 385,277,4.'0 15,703,000 400, 180,400 73,134,512
9,735,478
Nov. 16. 385,377,400 15,708,000 401,080,400 72,997,543 8,521,196
Nov. 23.. 38.1,568,400 15,693,000 401,261,400 71,939,802 6,859,094
Nov. 80. 385,853.400 15,693,000 401,516,400
Dec. 7. 386,035,950 16,693,000 401,728,950
69,.588,589
5,662,667
70,05<,9li9
6,283,445
Dec. 14.. 386,1145,450 1(1..508,600 402,554,0.50
69,881,K00
4,187,052
Dec. 21.. 386,328,000 16.86R.00O 401,896,000
6,750,900
Dec. 28.. 386,3.55,300 15,638,000 401,893,300 74,201,001
Jan. 4.. 386,253,300 15,608,000 401.756,300
Jan. 11.. 386,316,800 15,534,000 401,849,800 64,04V,8(ii 3,599^925
2,784,.507
64,238.051
Jan. 18.. 386,526,600 15.599,000 402,125,600
Jan. 26.. 386.604,400 15,624,000 402,228,400
3,371,253
64,785,762
Feb. 1... 366,640,800 1.5,686.000 402.275.800
64,008.981
4,693,9.38
Feb. 8.. 386 838,800 15.6:i6 000 402.473,800
Feb. 15.. 387,062,500 15,660,000 402,722,500
5,164,482
64.816,378
Feb.22
2,320,316
66,132,072
March 1. 387,416,100 15,66.5.000 403,080,100
March?.. 387.766,100 15,715,000 403,4"!, 100
66,0.52,273
8,095,784
March 15 ,387,883,8J0 1.5,640,000 403„523,850
March 22 3S8,10J,350 1.5,000 000 403,762,350 68,1^8,897 2,191,466
March 29 388,111,800 1.5,710.000 403,821.800 68.317,279 2,818,237
April 5.. 38.'<,284,050 15,710.000 40.3,994.060
2,305,003
70,423,590
April 12. 38^,074.050 1.5,710,000 403,784,050
70.111,186
2,103,319
April 19. 38!<,l..14,550 15,8.35,000 404,189,5.50
72,18B,841
3,568,.524
April'26. 3S8,786,800 15,885,000 404,621,800
77,193,468
1,383,399
May 8 .. 388,96.3,800 15,735,000 404,698,800 7.3,121,965 .3,001,980
May 17 389,113,000 15,ta5,000 404,798,000 74,06.3,819 6,181,638
,
.
.
tificates.
outst'd'tr.
25.425.300
2.5,578,000
25,610,700
2.5,083.600
24,729.000
24,876,000
32,279,300
31,866,800
30,487,680
30,190,200
29,553.700
27,933,000
26,329,000
25,624,000
2'4,3'94',66b
23,451,600
.
.
—National
20,636,000
Week
ending
May 18
May25
....;;...;.........
19,919,000
19,746,000
19.269,000
23,720,000
25,46K6fl6
2,5,152,500
34,780,600
23,598,500
22,861.000
22,602,000
23,803,500
24,287,000
23,748.500
23,420,500
23,226.900
22,8.35,000
28,268,400
24,917,200
26,201,400
;
Notes in .—Fractional Currency ,"L'eg!7Fen.
Circulation Received. Distributed. Dislrib'd.
500,000
641,600
1,053 500
334,000,803
3.34,321,248
834,464,883
340,800
819,206
Feh.
495,600
1,068,800
16......
.:..,.
Peb.22
..t..
Marchl. ..!....
343,372,904
March8
Marchl5
343,643,.349
....
March22..w..ji. u......
,
April 12.........
April 19
April 26........
May 3
...
516,000
616,000
722,000
961,200
884,000
864,000
68,000
844,6.32.409
....
17......
460,400
438,800
883,200
626,400
462,500
551,600
890,000
604,400
804,400
616,000
472,800
•('14,000
343,813,955
348,869,000
344,093,090
346,056,684
29
April?
912,000
538,000
912.000
..
344,783,239
345,030,127
344,861,881
7.35,000
1,085,000
1,149,800
1,025,600
115,000
1,986,000
1,797,500
756,300
66.3.600
-66,500
930,500
—
New Jersey Southern Railroad. The following notice of an
intended increase of capital stock by the New Jersey Southern
Company was sent to the Stock Exchange on Thursday "You
will please to take notice that the New Jersey Southern liailroad
Company have decided to issue 10.000 additional shares of the
capital stock of their company, of the par value of $100 each the
object of this issue being to provide means for the purchase of
boats for a ferry across the Delaware River, of a controlling
for the
interest in certain railroads in Maryland and Delaware
building of thirty miles of new railroad for the building of slips
Delaware and Chesapeake Bays, and other
and wharves on the
matters connected with the formation of a new through line
between the cities of Baltimore and New York. This notice is
given in pursuance of a rule of the Stock Exchange, which
requires thirty days' notice of an intention to issue new stock.
Transfer books close on Monday, June 2, at 2 o'clock P. M., and
reopen on Tuesday, June 10, at lO o'clock A. M."
:
;
New Jersey & Delaware Central Railroad.—A meeting of
the corporators of the New Jersey & Delaware Central Railway was held in Wilmington, Del., on Monday last. This road is
designed as an " air-line" from New York to Washington. It
will commence at Jersey City, or some point opposite New York,
and pass through Mt. HoUey, Bordentown and Salem. At the
latter place, it will cross the Delaware river, by large ferry boats,
to Port Penn, Del., thence to Odessa, and through various
meeting one thousand
At this
towns, to
Washington.
shares were subscribed to at one hundred dollars per share. The
following officers were elected: President, Berj. F. Smith,
Bell,
York Secretary. Samuel
York Vice-President,
New
Wm.
;
New
;
H. Robbins, Allentown, N. J. Treasurer, Edward Howe, President
Engineer, Robert
of Princeton National Bank, Princeton, N. J.
Directors, Benj. F. Smith,
S. Van Rensalear, Bordentown, N. J.
New York Wm. Bell, New York S. H. Robbins, New Jersey ;
John Jamison, Philadelphia Jos. D. Pancoast, New Jersey H.
H. Appleton, Odessa, Del. Richard Townsend, Townsend, Del.
Samuel Townsend, Townsend, Del. Henry Cleaver, Port Penn,
;
;
;
;
;
;
received from the Currency
Mayll
....1.
;
21,776,000,
21,554,000
bank currency in circulation traotional currency
Bureau by U. S. Treasurer, and distributed weekly ; also the amount of legal tenders distributed
3.
.....:
...,..;
;
cer-
.
'
i
1
;
:
ending
Feb.
May
^•^^«^ n'''i
"...ai..;utu..;.i....:. ,..;$l,720,827
Same time
$641,121
.'...;
,i-.
.•,
,
Same time
1872
1871
1870
350
'.'..Ji.J.ii....
18....
Jan. 25
March
n,.
..U..".'.. ..il-.W'.
1 1 1
Santa
Martha—
.G9l«i,vvcr,-,-
S,300
il
460
May 15— Brig V. H. Hill,
,'
,
^
1,171
Gold
Do-
St.,
From Porto Plata—
.,
Silver
,
Silver
I,
8,270
geaa
33,075
8,000
,
,
4. ...... .-...'J.'.'.'..-.'..
Jan. 11
Fob.S
of Merida,
Jtay 15- Brig Chance, Cartha-
Sllvlr
Gold...,.
iningo—
860
May 14—Str. City
Havana-
Pro^
gresso
May 12-Stmr.
Belize-
Gold
of Mexico,
From Vera Cruz &
Pallas,
Silver
$6,000
Silver
May 12— Str. City
Havana-
;
;
May 13— Bark
Prince
'
:
Jnnc'»..ii-..;;.;'.'ii.A..;,.
81,600
2,600
Gold bars
18,000
Algeria, Liverp'l-
.
July20
Liverpool-
Notes In r-Tractlonal Currency
Leg. Ten.
Circulation. Beceived. Distributed. DiairiO'd.
&34,934,918
216,000
29,3,000
3,0.31,000
*1.5,481,477
l,0«i,000
1.686,000
280,8M
335.743,997
210,400
634,000
544,400
825,908,317
827,200
910,000
910,500
829,r.00
336,180,612
433,600
446,500
336,119,372
916,000
984,200
2,735,500
386,274,772
1,078,400
663,000
611,600
336,666,092
1,115.400
72.3,200
1,M5,000
337,074,657
1,016,800
787,000
786,.300
534,400
337.635,918
470,400
603,500
337,298,477
468,200
880,900
478,500
856,800
838,191,287
665,200
626 600
6I2,4nG
198,000
338,680,027
681,600
209,200
701,400
1,140,600
839,077,979
492,800
808,000
667,000
389,408,094
677,600
684,200
824,500
640,800
339,859,932
1,079,000
1,689,000
526.400
839,975,136
619,600
931.000
449,600
674,900
340,408,665
1,698,000
840,113,972
1,161,200
1,079,000
857.600
745,600
3,54,600
840,520,327
756,000
704,400
342,370,190
456,600
340.940,679
1,129,600
736,000
430,000
341,059,998
1,006,700
858,600
501,000
692,000
841,289,186
1,194,800
1,688,500
952,400
894,800
341,501,896
676,000
342,038,811
228,000
686.800
646,600
842,114,116
1,271,200
608.800
1,801,000
726.000
842,.353,565
1,447,600
709,000
342,480,056
1,210,000
996.800
650,000
342,520,926
609,600
355,000
8,777,000
667,600
842,579,878
985,600
1.3ia600
501,200
98;3,600
348,809,951
1,707,000
804,800
308,400
842,998,649
798,000
348,130,984
866,400
846,700
843.289.474
61.3,200
74\500
.563,000
477,600
343,174,274
728,500
420,000
684,000
343,832,789
1,200,000
,
.
June!
July13..;....'...'..ii-.v.i..
Silver bars
For Soulliampton—
Mexican
5,500
May 17— Str. City of Brooklyn,
14,546
Silver bars
Week
ending
10,440
Sllvorbars
American gold coin
Foreign silver coin
May 14— Str.
$50,900
Sliver bars
Mara-
May 13— Brig
[Mayt24, 1873.
463,500
869,000
;
;
Del.
—
The Big Sandy Railroad. The Staunton Spectator says that
President Huntingdon, of the Chesapeake & Ohio Railroad, has
informed one of the contractors on the Big Sandy Railroad that
the money was on hand to go to work on the road within thirty
days. Tlie proposed Big Sandy Railroad is to run from Mount
Sterling, Kentucky, to the mouth of the Big Sandy, which is only
nine miles below Huntingdon, the terminus of the Chesapeake &
Ohio Railroad. It is eighty-six miles from the mouth of tlie Big
Sandy to Mount Sterling. The contractors for this road are composed very largely of the same men who have taken the contract
for the Valley Railroad from Staunton to Salem.
—
Ten miles of the extension of the
Island were opened, east of Garden
City, last week, and three trains per day will now run through
from Long Island City to Farmingdale. Of the seven miles not
completed, between Farmingdale and Babylon, two are graded,
and a large force of workmen is engaged on the rest. Great
quantities of ties and rails are receiving daily at Long Island
City, and the early completion of the road is now certain.
Central of Long Island.
Central Railroad of
Long
—An adjourned meeting of
the stockholders of the St. Louis,
Terre Haute Railroad Company will be held at No. 67
Wall street on Saturday the 34th instant, at 3 o'clock P. M.
Alton
&
May
THE CHRONICLE.
24, 1873.]
685
•«,000,0M
BANKING AND FINANCIAb.
BANKINe HOrSK OP JAT COOKE
Wall
No. 20
The
CO.,
stbeet.
New
Yohk, May
Company
ia
to be closed
in accordance with the
CO.*S
Principal and interest payable in gold coin. Ittvedfor
purefMH of tied rails. Prineipal due 1898. tntereat coupons
payable February t and Auguit 1 in the City of New Tork.
The Directors of this Trunk Lino, between Toledo and St.
the
23, 1873.
Mortgage Gold Loan of the Northern
7-30 First
Railroad
tc
TOLEDO, UTABASCr * WESTERN RAILROAD
SEVEN PER CENT MOHTOAOE BONDS.
Pacific
and witlidrawn from market
Louis, comprising with Its branches over 600 miles of completed
following resolutions adopted by the
have decided,
in order to accommodate the great increase of
entire line with steel kails; and for that
Whereas, The Northern Pacific Railroad Company has built purpose have issued $5,000,000 of 7 per cent Mortgage Gold Bonds.
The steady increase ot business over this line will be rapidly
and has in operation over five hundred miles of its line through
and greatly augmented by its connection with the Canada
a favorable and valuable country
And, Whereas, A large and growing way and through traffic is Southern Railroad (whfoh will be open far traffic in a few weeks),
rendering the substitution of steel rails a necessity.
already assured to the company over its road thus far completed;
The net earnings for the year, 1871 and 1873, after paying ths
And, Whereas. The company has earned title to about ten
interest on the Mortgage debt of the Company, were largely In
million acres of its land grant, aud placed a large part of this in
this
market, and the same is being rapidly settled by immigration, excess of the amount necessary to pay the interest on
Board of Directors on the 13th of May
road,
traffic, to
:
foreign and domestic, and sales thereof have been
made
an
at
average price of nearly six dollars per acre, to such an extent that
a sinking fund has resulted, out of which the redemption and
cancellation of the company's bonds have been begun
And, Whereas, It is believed that on these results the credit of
the company is so established as to render inexpedient the pay;
ment
of so high a rate of interest as 7 8-10 per cent
issues of its bonds
on future
relay the
Mortgage.
The road has no floating debt.
Bonds go
All the proceeds of these
permanent improvement of the property,
experience having proved that by substituting steel for iron rails
on roads doing so heavy a traffic, the "saving" alone, without
any allowance for increase of business. Is safflclent to pay off at
least four times the amount of this Mortgage before maturity.
The advanfape of employing steel rails is so great that all our
the
to
;
Trunk Lines are adopting them, to the exclusion of iron ones.
As the Bonds will only be issued as fast as the rails can be
laid, we now offer for sale but $1,000,000, at ninett, and
total amount not exceeding thirty millions of dollars, and that no ACCRUED interest IN CURRENCY.
The large earnings of this road, with its future prospects, make
issue of bonds, hereafter, by this company, beyond the said thirty
Therefore. Resolved, That the loan of the company, under its
present issue, bearing 7 3-10 per cent interest, be limited to a
this
millions, shall bear a higher rate of interest than six per cent per
annum.
Bond, in our opinion, an undoubted security.
AVINSLOW, LANIER & CO., 27 Pine street.
PERKINS, LIVINGSTON &. POST, il New
street.
Resolved, That the Finance Committee be directed to arrange
with the Fiscal Agents
for the closing out
indicated in the preceding preamble
The President of
and
of the 7 3-10 loan, as
BANKING HOUSE OP FISK & HATCH,
resolution.
Nassau Street.
5
the company, in forwarding these resolutions
New York, May 19, 1878.
to the Fiscal Agents, writes the following letter
*
NoKTHKHN Pacific
Railbo.'^d Compakt
President's Office, 33 Fifth Avenwe.
New
Gentlemen
Yobk, May
The present high price of Government Securities is increasing the demand for first-class railroad bonds and it is not reason;
15, 1873.
able to suppose that the present difference of from twenty to
thirty per cent can be obtained for any great length of time.
have the pleasure of enclosing to you a copy of
by the Board of Directors of tlie
We are recommending for exchanges or for new investments:
Northern Pacific Railroad Company, on the 13th of May, instant.
The CHESAPEAKE AND OHIO SEVEN PER CENT MORTThis preamble and resolve are in entire harmony with my own GAGE BONDS, interest payable January and July, principal and
views and wishes, and agree in spirit and policy with the letter interest payable in gold in New York City.
which I addressed to you on the 11th day of December last.
Only $3,000,000 of these bonds will be offered for sale at present.
'.'
The completion of our road to the Missouri river, and our con- Price 90 and accrued interest. '•' "
.' ,'
'
trol of the trade of Manitoba and Montana
the beauty and prorery desirablfe tiVesttnent; Th«
They are amply secured, and a
ductiveness of the Red River Valley, and the valleys of Dakota
proceeds will be iised in adding largely to the present equipment,
the value of the large Government trade to the Upper Missouri) and in extending the line from its present tide-water terminus at
for the carrying of most of which we have this year contracted
Richmond to deep water on the Chesapeake Bay. where the
our having in operation and under contract, 165 miles of road on largest steamers lii th6 World can load and unload alongside the
the Pacific side, between Puget Sound and the Columbia River
cars.
,,
)fc
;
I
resolution passed unanimously
'
—
the very successful inauguration of our immigration system, the
large arrivals from Europe of bodies of colonists of the very best
character, destined to our land grant, and the steady movement
of settlers from various parts of the Union to the country tribu.
Also, the
CHESAPEAKE AND OHIO
May
SIX
PER CENT BONDS,
and November these bonds are issued in
denominations of $100. $500 and $1,000. Price 8S and accrued
The road, 430 miles in length, is now completed, and
interest.
tary to the road all ihis should, in my judgment, justify us in the business offering is vary large, and increasing daily.
elevating the standard of our credit.
Wo have just published a pamphlet giving a full description of
I trust that when the limit of the present loan is reached, the
the Chesapeake &<!)liio Railroad and its advantages, and particular
tiompany will find Itself able to negotiate a six per cent loan fo^ informaiion concerning the agricultural, mineral and mechanical
the prosecution and completion of the enterprise.
resources, the remarkable coal and iron deposits, and the opporinterest payable
;
—
Respectfully yours,
w.
and the employment of capital
and labor in various industries along its route, copies of which
may be had, free of charge, upon application in person or by mail.
tunities for settlement, investment,
;'
a.
diss, Prertd^t.
The remainder op the 8EVEN-THiB?rT Loan
ib
now
Also, the
BECNO DISPOSED OF, and
offers to investors
Limited Amount,
Profitable
Bate of
market
the bonds of this issue are
the company's
increasing
|,j.|/
.
Interett,' "ftirli f-'
fact nrhich
made
receivable in
payment
for
land at I.IO, they will be in constant and
demand
for this purpose, after tli" loan is closed
much enhances
—
t^eir v&lue ,and lUtractiveness as an
investment.
Other securities are received In exchange, at market
...!..( u.:ri
v"i
price,
which
PACIFIC SIX PER CENTS
to-day 95,
is
at the
flat.
;
._,
Satisfactory Security.
As
WESTERN
These bonds are of $1,000
interest payable January and July. This road having
each
payment
lieen consolidated with the great Centr.u. Pacific, the
of its bonds, principal and interest, is assumed by them.
We continue to deal in Government and Central Pacific Bonds
the advaiitageg of
. -I : ^'''wi
i»j^j
receive deposits on
general banking business.
FISK & HATCH.
RAILROAD BONDS. —Whether
^'*?*^
,.
rates.
COOKE
&m'
which we allow interest, make collections
Exchange for cash, and conduct a
execute orders at the Stock
''''r;--'- (.''
'" '
.'..
'
you
J*A8BLER &
"
wwh.to.BilirX' or, SELL,
00".:
'"
"""
No. T'Ws'u'strolt.
New York
.
[May
THE CHRONICLE.
686
Banking House of Henri; Clbwb &
82 Wall street, N. Y.
of bonds since April 1 about $15,000,000.
S
The
Individuals received
Deposit accounts of Mercantile firms and
;
and accommodationB granted usual with City Banks
.
all facilities
Travelers'
in
between 117 and 120 this movement towards New York was
active, but recently it has dwindled down although prices are
higher, and it appears at the moment as if the country had been
drained of the floating stock of Governments. Prices closed
strong with 5-20s of 1867 quoted at 121|@l31t. At the Treasury
Exchange drawn on England, Ireland Scotland and the
Continent;
demand from abroad has been seen
effect of this active
the steady advance of prices, and this at first resulted in drawing
to this city very considerable amounts of Governments, received
in small lots from all parts of the country. When the price wa^
on all daily balances
in addition thereto 4 per cent interest allowed
Bills of
which would make the whole export
four or five millions more,
Co.,}
24, 1873
and Mercantile Credit issued available
throughout the world.
purcliase of $500,000 on
Wednesday
amounted
the offerings
t
$1,035,350.
Closing prices daily have been as follows
JBaukers' (Sa)ette.
DIVIDENDN.
<ttl)e
The following Dividends have been declared durlns
Per
COMPANT.
niscellaneouB,
m
Int. period.
When
July
2.
6s,
1813—6 P. M.
—
Currency
This
The Money Market and Financial Situation. There has
been no change in the money market, and the prevailing rates on
call loans have been 5@7 per cent, throughout the week, with
some few exceptions as low as 4 per cent. The last bank state
ment showed the effects of a continuation of the currency move,
ment towards
Nov.
•ll.'JJi
is
May
21.
22.
the price hid, no sale
was made
118>i
lieX
116K
118J,'
119
121^
119>!i'
*ll2«i
114%
'lie
at the Board.
1,
class
:
,
Jan.
coup.. 112
reg.. 114fiJan.
coup.. 114X Jan.
coup li2fi Jan.
coup.. IVm Jan.
coup.. na% Jan.
new coup. 112Ji Jan.
conp.. 113% Jan.
.coup.. 113% Jan.
reg.. 109>i Apr.
coup.. ]0!(% Jan.
reg.. 112.!^ Apr.
1881
1881
6-20"s,
5-ao'8,
5-20'8,
5-20' 8,
1862
1864
18'a
1805,
5-20's, !867
520'8, 1808
10-40'8
I0-40'8
Currency
11
4
ri-i%
$70,817,700
May
1185i Apr.
lisji Apr.
120!^ Apr.
119
121V
119>!f
I14>sf
30,701,850
31.828,450
88.445,:50
58,818.200
90.974,200
May
May
May
14.191,.500
Jan.
89,878.550
232,745,900
34.365,400
119,159,400
148 0.3:1.300
224 700.450
21,432,900
110,099,750
1I5SJ Jan.
115%
64,407,550
May
8
64,623,612
Closing prices of securities in London have been as follows
May
U. S.
U. S.
U. S.
—
68, 5-20's, 1865
68, 6-20'8, 1867
58, 10-40's
Mny
9.
—
16.
(
1
1
New5s
1
State
May
23.
,
Coupon.
$129,182,300
192,867,100
nSMMny
.3
1.
Begistered.
Highest
llOK Apr.
Lowest.
this city, in a considerable iucrea^^e of the deposit
122X
•116
*116
116
'in'^
*l;7Ji 118
•118Ji "llSSi
•118»i
.
but without a corresponding increase in the lopal tender
reserves. The excess of national bank notes is being felt, as
usual at this period, and ihe same difficulty will probably be
experienced at intervals so long as tliere is no practical system
of bank note redemption. The Treasury gave notice that at its
regular gold sale this week one half of the payments would be
required to be made in legal tenders.
In commercial paper business has hardly been as active as it
was during the previous fortnight the pressure of paper which
came with the first relaxation in money being largely disposed of
and the bulk of transactions for first class paper have been
within a range of 7(5)9 per cent. During the two weeks ending
with Saturday last. May 17th, one firm of brokers informed us
that they sold $4,000,000 chiefly of dry goods and railroad paper,
which may furnish some indication of the large business which
has been done in this city since the beginning of the current
month.
As to foreign news, we noticed a feeling of renewed depression
at the date of writing our last report, and the next day the Bank
of England advanced their rate 1 per cent, from 5 to 6 per cent.;
23.
llS^i
llbJi
IISX
USJi
my, 122 *121Ji *121^
'llSif *I15% lUii nlby,
llSJi
and the amount of each
bonds outstanding May 1, 1873, were as follows
Rtinge since -Tan. 1.—
Amount May
in prices since Jan.
funded, 1881
line,
Alay
.
The range
of
May
20.
*iU}<! *iUy, *114)<
& July. 118« 119
121
& July. 120% 120% 121
121)i
& July. *1I8)^ 'IISK nS% 118?i 119%
& Sept. 112,"^ 112;< *112% 'llSJi *n2
coup.. Mar. & Sept. UMi *tUX *IUH 'U4% *U4H
re^..Jan. & July.
*115|;i •115Ji 'llSJi *115.!i
1O-4O'0
I,
23,
&
May
19.
'lUX
May & Nov. *n6
116S<
May & Nov. 117X 117%
Books Closed.
l.'june7to July
Friday avEMiNO, May
17.
.
6s, 5 20' 8, 1862.... conp..May
coup..
68, .5 20'8, 1804
coup..
Bs, .S-Sn's, 1865
Os. 5-20'6,1805new,cou|)...Ian.
6s, 5-20'8, 180?.... coup.. Jan.
OS, 5-20'8, 1868
coup. .Jan.
rcj;.. Mar.
58,1040's
r
•
May
funded, 1881, ..coup. ..Qnarteily. 'lUM
68,1881
re<f.. Jan. .& July. »118,V
coup..Jan. & July. 121«
Os, 1881
.5s,
the past week
Cent. F'ABLE.
American Express Co
May
:
—
Since Jan.
Highest.
1.
,.
Lowest.
1
92
94
9!«
93X
91?i
91X Apr.
18
94%
92?,!
Jan.
9
S9H
89X
88?i
89
88 3i
8!)«
94,'<
Apr.
mhC Feb.
92% Jan.
91XJan.
88^ May 20
86M May 19
and Kallroad Bonds. — The volume
,
1
3
4
31
31
of transactions in
Southern State boods has been comparatively small. Tennessees
and Virginias remain steady, a few of the latter bonds having
been bought on foreign orders Georgia bonds continue to rule
quite strong for Louisianas there have been several orders this
week received from parties in New Orleans, which seems to indicate that residents in that city entertain a more hopeful view of
the State finnncea. In railroad bonds there has been a more
active businesSthan last week, particularly in the old issues sold
at the Stock Exchange. The high prices of government bonds
must lead private holders to sell and invest in railroad securities,
which pay a much better rate of interest, and can be selected with
;
;
this action was largely precautionary, but as tho Bank rate is, to
a great extent, the thermometer 'of the financial temperament in
some excitement. The foreign
more favorable and show a better feeling
in London and Germany prices, to day, in London bf;ing decidedly
such care as to be perfectly secure.
stronger for consols and U. S. bonds. The bank lost £440,000 in
Closing prices daily, and the range since Jan. 1, have been
bullion this week, but made no further change in its discount
Since Jan. 1.May May May May Mar May
Highest.
23.
23;
Lowest.
17.
19.
20.
21.
rate, which remains at 6 per cent, while the open market rate is
*81
•81 5<
81% •81)4 77% Apr. IS 86 Mch. 19
esTcnn., old
81
'I'enn.. new
78% Apr. 16 S6 Ulch. 17
8IS BUJ 'Si '4 81
*S\}i •81%
reported ^@1 per cent lower.
•28,1<
Cs N. Car.,old.... '28
"JSX 28% 2? May 5 31% Jan. 30
19
Jan. i
The last Clearing-House statement of New York city banks 68 N. Car., new... *16 '43 •43 "43
16,S Apr.
"43
•43
Mi
44%Mch. 23 49 Feb. 7
6sVirg., old
"M
....
133
•53
(May 17) showed an increase of $350,035 in the excess above
do
consolid. *5i
53% »b3
'SSX 5SM 53 Apr. 3 56X Mch. 17
"63W
"11% •11
ri'4 May 16 K'4 Jan. 3
do
0,-ferred. *12
12
-15
23
Jan. 20
25 per cent legal reserve, making the whole of such excess 68 S. C, J. & J.... 16!^ 16
....
•is"
15
13
May
...:
•9*
is MisBouri
94
9S« 93V -mi
9SH 'flSX •93y 94% 9!X Jan. 8 !I5J^ Mch. 31
$4,970,375. The total liabilities were $235,333,300, and the reserves Cent. Pac., gold.. •1025^ IIBK 102X 'lOBJi "Wii-r 'lO'iX 99 Jan. 2 104K Feb. 10
KWK •IW4 "103 J4
Europe,
it
indicated a feeling of
advices have since been
;
,
(is
'
Un. Pac, Ist
do
L'd Gr't
do
Income,
$63,801,100.
The following statement shows the changes from previous week
and a comparisou with 1873 and 1871:
-1873.-
May
10.
May
17.
1872:
Differences.
Loans and die. $274,087,900
Specie
Circulation....
Net deposits..
Legal tenders.
May
..._.,
18.
.„.
Erie 1st M. 78
N. J. Cen. Ist 78..
Ft Wayne
Rock
1871.
May
......
.„.
20.
"
$-278,074,400 Inc.. $3,38(),f«) $285,n.3,tiO0 $289,436,531
20,698,900 Inc.,
437,300
S0,30il,800
15,202.813
27,523,500
27,489,200 Dec.
27,li38,400
34,300
31,S04.9«(i
502,819,100 £07,831,100 Inc.. 5,015,000 219,207,000 2.33,594.010
41,914,300
43,102,200 Inc.. 1,157,900
48,805,SU0
60,521,322
—The demand
for
86V
86 H
86% 86X 86%
".4
'.4
74
7IX
•68
•68
'lOlM *101« "loix "lOl^i •101% 'lOiH
86«
86V
86J.<
*6K
74>i
74X
('"a
OS
74
74%
':
68
101% 'loi
•101%
_
«
"106
"lOH
78. -lOS
laid Ist 78... *lU33i •103=^ 101
103 3i
This
13
l8t.
the price bid.
no
sale
85
Jan. 10
73% Apr.
101
Jlay
Jan.
'IM^
....'101
1112
Mch.
"lOtiJi
106%- 10!
"101
"104
100
104
was made
67
102% Jan.
Jau.
89
Feb.
4
Jan.
6
6
6 103% Apr. 25
15 106% Jan 32
9
1;
sil
K3J,'
Jan.
,
6
109% Apr.
6 101
3
Mch. 29
at the Board.
Railroad and Miscellaneous Stocks.
20,21)1.000
United State* Bonds
1^3
— The
stock market
has been comparatively dull, except in a few specialties, particu
laily Pacific Mail and Western Union Telegraph.
Pacific Mail
Governments from
has fluctuated daily upon the various rumors and prospects concerning the election next week, and the uncertainty as to what
foreign bankers continues quite as active as at any previous
time, and their orders to purchase seem to be constantly in
.the
advance of the supply they are able to get here at any one time,
within a reasonable limit of prices. Bonds have largely advanced
and still the orders to purchase come on without abatement. One
prominent banking firm has purchased and shipped since April 1
about $10,000,000 of Government securities, of which some;
party may obtain control of the company. Erie moves in accordance with the vibrations of the London market, where four fifths
of the stock are now held, and has advanced about 3 per cent this
week. Notwithstanding the dulness of the general market,
prices were firmly held during all the early part of the week, and
closed yesterday at an advance of from f to 1 per cent over the
$7,000,000 were 5-20 coupon bonda of 1867, and nearly the whole
of these went to the London market to supply English
and
Scotch investors. Other foreign bankers have probably shipped
on Friday, 16th inst. To-day,
however, weakness was the prevailing feature, and nearly all the
leading stocks closed at prices | to | per cent below the opening
)
prices given in our last report
THE CHUONIOLR
May:-2t,''1878.]
figures of the nioralng. An effort in beiaK made to have tb«
Slock Exchange cloge during the Summer at 3 P. M.
The daily highoat and lowest ])rice8 have been as followa
Monday.
tjaturdoy.
May
N.T.Cen.*H.R.
Hartem
do pref
LiikoBhoro
1211
12!)
01
X
KurthwesC
do
prcf.
Kock
Inland
ic'iij^
, .
Paul
St.
do
prff....
At.4 Pac.prc'f.
Ohio & Miss...
!)i>l.,I..
K
1S.1W
loaj,
inav
.VI
56
!«!«
30
29
roI.C'ilc.tl.C.
Pnuaina
WK«t, tin. Tel.
IIIK
«
Qulckflllver
8»
S8
47
«K
73M
mx
...
79.6:11,000
This
Is
a
«8
4''X
4-X
96
68
•71X rjx
•60
SIX
London prime bankers
Good bankers' do
KX
the price bid and asked
;
no
sate
was made
Jan.
1
to date in 1873
.—^Jan.
N. T. Cen.
AHnd.
do
narlem
at the
Mldaya.
011O9X
109
6.48X(
5.I8XS3.)9«
6.91J1^(
Swiss
5.80
e.l6A<a.5.17X
6.15 I35.1HV
lU}i Jan.
69« Feb.
Ti
May
Sayi Apr.
64
7ti
m
Ifl-IK
61 <i
Paul
prcf
li'<X
ao
Pacillc pn-f.
vt ML-Jsist^ippl
40 Ji
Central of New Jersey.
Boston, Hartf. A Krie.
Vi
Del., Icicle.
91
3«
60
2S
& Western.
Uannil)al& St. Jo
..
do
do
pref.
Pacillc
Col.. Chic.
Feb.
82
a>,'
70'.^
Feb.
Feb.
MJJ
.Tan.
1118,','
H!j(
May
102
S2X Feb.
71 !<
Jan.
M
Apr.
89X
•Tan.
Feb.
l:!0
Jan.
9IW Feb.
UH
3ti
Pacific Msii
47
41'^
May
May
May
Adams Express
B-2»;
Apr.
6^H Apr.
Feb.
Apr.
Apr.
Jan.
5"«
3tV Mch.
17Ji
Roads.
18:3.
$:i08.000
318,000
442,000
461,000
408,000
324,000
-22
il3.
Total
Balance,
Balance,
May 16....
May 23.
.
Now
week ending
at the
Dakks.
New York
8,1100.000
I,?(I0,(KW
S.STS.iXX)
4,ll9i,;0O
5,:l6iiS0U
PhcBUlx
Clly
Tiadesraen's
Fulton
1,11111,0(10
2.41,3.1!no
1,007.900
(OO.mO
tlv.im
8,036,(100
5.59.871
2,Sl9,4:i5
114,8)2
83,227
1,087.002
1.077.775
Mercantile
7,318.(192
703.(;i7
6.:50I,946
Pacillc
765
5,a'<r.i4->
627
,591
.
.
Commerce
Broadway
North .ivmerlca
l.(i«',(i(0
Hanover
10O.*<«
50,OUO
'..isn.'io
4,lli(,i00
9.992.610
I.387.1HO
IrviOK
1,2. 2.35
S:)0,190
Metropolitan
Clllzens
41" ,0
Nassau
.(i««
l,(0(i,(rO
l,(Htl,000
I,(iOf,llO
l.(01'.iN0
2,l«-.'ilU
l.i«
.Market
Nicholas
Shoeai.d L ather..
Corn Kxehangc
Ua/.ley, 74 Broadway and 9
street, quote etock
"privileges" (slsrncd by responsible parties) \t<ti\i per cent premlmn foi 30 days,
»nd IX(S2 per cent for 60 days, at prices varylus from the market as foMows
Commonwealth
7r.o.0«0
Oriental
.Marine
80
St.
Contln.-ntal..r
New
:
Puts below. Calls above.
Central & Hudson., X"\
IS^-t
Lake Shore
X(^I
1H(^2,X
Eric
Island
1X^2'
IX'2
3X®3
...
Mall
Northwestern
.^
..(*W
do
pref. IX(»2
West. Union Tel.
lXf.4!
Ohio .& MiflbUslppl. Ui-^^^
.
3
(^5
mm
i!<m^
,..&...
2
...3
3 @6
1)*'®-
ik(*lX
IX'M
ikui
Col..Cldc.ftI.C.... IXiaJ
B. 11. & Brio
X
IH«9J
St. I'aul
pref
IX(;42
do
Gold w p e lor ;i(( ds X'"»1H
2K;SJ
-^('iil
2!«(.41
Manufaci'rs'&Mer.
Fourth National....
UnlonPacltlc
Wabash
I
SIX
X®
1
uold Xl>clor60d8 1X®IX
h& %
2
m2X
3
Wiii
The Gold Market—The
market was comparatively quiet
Thursday, when there was considerable activity and an
advance in the price. Teday the movement was continued, and
gold advanced to 118f at the close, under the heavy purchases of
some leading speculator.*!. It is generally believed that one party
carrying a very large amount of gold, some reports saying ten
to fifteen millions, and that the recent "short" sales made on the
more favorable advices from Germany were taken advantage of
is
\o advance the price.
On gold
loans the rates paid lof ffttipng
2,089,8t«
I. .1-^,(0
7^,400
4.:8.5,4(0
....;.
447..VX)
4««.'flU
i.'W.'.OO
HIO
1.7*' 000
l,157J60
1,(146
a(9,»0
W6.',00
137,(00
7m9,2«)
2,00
S^tiV.lO
22.1.t0
613.000
S^-.OOO
2,826,900
8t0.2C0
S»4,2
!7',«I0
633,0110
2.»'1.(I00
4,899.t01
<W.<0O
6.^*13.801
S,ie2,!in*
5.515.000
!.(« JXO
549.F00
S»4,(00
47»,20O
8.4 1,6
LSTS.MO
263 700
(O
414 '(O
6(>S.
3-20.-500
215900
1310.900
S6S2.400
2 155,600
52l.*Oj
'2.0*29.*l0
5<7,9(»l
843300
S.O-;,f«0
•i.Of.lKl
4 4)>-.0i)ll
l,2-6..vn
l,*89.50O
20.0011
128.6*10
5,600
SH1,*01
ISI.SOO
l,l>6 4i*J
ll.aO
Sal,!*;
•2.1l"*,200
33.000
-.1.7.1™
29S'.7iO
105.60(1
1,911,7110
•2,384,310
115,*«0
47S,«>1
S»S,a0P
3,6J5.(KO
16*1.800
6,«0,0(O
2,6«l,.*IiO
2.„31 3.10
46.V10
44.6(0
157.i«)
1226.9111
12'.90U
«,'O0
874.100
738,1(0
781.9(0
».i(0
54,*10
I.542..5(W
iS.lVC
I.1W.JOO
l^S-IJ;
**?**!S
4,101
2.72-2.9
1,0"5,900
1.817.600
l,48-.e00
25,.<«.0
5.-2(0
48J.aco
2 4.30O
2,168,00
13SJC0
88I.60
1,65.7,800
8W.IM)
LSIOIOO
12.801,0(X1
:5,5Il.I00
1,521,2
199.»li
1,149.300
19t,<(0
S,400
8.4-21.900
4.32S.-200
12 9-9.700
2,(>«,ilO
.-va
«*M
MtfiM
24*i,6(fl
l,4.V.,n(0
166.80
599,6(0
170(0
ISS^-WO
264.600
"S-JIO
10,SOO
7-3.100
S21J00
21.00
725*0
18,)S'f(»
8.46*000
1.4810
,l<4)
5011,011)
SIO.HO
7-2119(0
99S.*J(0
85tl,(»l
LOt^^lm)
909.900
ll,7iO
'il6
23.115,V0
2,13-2.000
8,?8-<.»l0
Cent.al Nlillonal...
ttW.Wtt
B.Oi'.OH)
S,i40.(O0
2,638.0*0
SO.UW
10.(O>,000
l,67».l>0
21,0(0
Second National....
East Klver
..
Wlnth National
Irst Sational
Third vadonal
N.Y.National Kxch..
Tenth Natl.inal
Bowery National...
New York Co. Nat.
German Amerlc4m.
DryGiiOds
415.WO
18,-;.5.5A10
M,8W
2.!>H.1(0
l,4S3.liiO
26.010
H.^O
l,5!i|',i«;
6.;9n.0i4>
SSS.IfO
I,'2Mi7*0
6.»77,l(iO
5ir,.03
4.206.3*0
ljnt.H«
2 2.(W
V6*0
66i,7«0
l,412,4li')
1.168 500
l.HO
'225,901)
4
6,208,8
701.4.O
KtM
^KM
MTUW
2,-252,7W0
111.800
8,500
274.310
284.'«0
766..'ai
SM,M»
dSS.d
t2S.(V0
273J'0
»0.a
l&i,«0
I,ilt0,ti(«
6,0Oi.8'
S.«,t«0
l,(«'fl(0
250,('iP
1,169.1(0
1,147.810
20
.cOO
2,00 ,0(0
IJOCIIO
.
.
14».«(0
.^.2>I.5lO
813 .6
4.713.3(0
295,8ii0
l,85«jn0
62
2.-249.5
$84,420,200 $278; 74,100 (20,69S,90a $43,102,2^0 $2^7.884.100 tZ7,489,20t
Total
The
1,'.«I0
534,300
4-24,000
400,001
1
until
821M0O
4iO.(Xn
SOO.OiO
.•\tlantic
Importers'* Trad'rs
Park
Mcch. Biink'gAsso.
"
GriM-ers'
North Klver
Puts below. Calls above.
838.00
:,*.>S9,400
1.373,913
&
8,*.
4.:53,9lO
2.r.».400
1 8 !.-lO
8 27 .9iO
1,7711.686
Lapsley
526.H(0
6.358(0
55,100
l.*(0
if3.;»o
am. 191
46.1*0
1,214 310
412.5(0
1071.776
5S.5,861
SOJ.'Afl
953.14X)
8.201)
45*1.0(0
1,289,576
87 .978
801.128
401,78t
1,693,228
1,724,017
4ft,3l3
4.-;4.'.00
10,(106.001
•^'65.4(0
6,69.400
87:..'00
Kepobllc
l,2-!l,6«3
44,885
1.144,*0
50i.SUa
477,l«0
5.6l4.aO
8,01.V0n
3,412J0O
1,197,'tO
.
3.700
People's
873.920
56,818
73."/,606
..
258,610
51,flO
1.7S3.-S)0
Chatham
932,739
830,1 '19
1,000.000
1,000000
1.75*1.400
42-2.7(0
in,.'V12
1
2,000.101)
S.ao.HO
lO.lKO.OO
'2,0(O.l««)
961 427
385,662
2, Hi'' 19
62.»0
SW.SOO
SiO.mo
CttKUD
132.507
8.286,445
2,.523
3,05.5,900
3,731,4(0
'.lOO.diO
l,t.2fi
M6..>95
3,468 443
I.MIS.WKI
6,541,767
42,5.181
1,28-; ,0
1,5110.1100
123,(0
:
Sl'.tO
4.«36,M10
8,962,100
2,886.a(n
7,S«I0
S'8.1('0
274.2»l
Leather Manut
Seventh Ward
Stale of N. Y*rk
.\inerlcan Exch'ue.
1,780,939
4
iJMO
Sm.nO
6,717,5(0
Greenwich
90,189
46,997
900.375
311.113
459.452
1873
17,
.
I,I81,'00
611,10)
45.100
8,a5.',900
1,7 3.5in
BuIcliers'&Drovers'
MeehnnlcsJi raders
94»,.598
427 382
M
ClrcnlaLegal
Ket
tloa.
Tenders, neposlts.
|84>'.000
$l';,»0 $11, 25.»0
0,710
811,100
4,19 400
171,000
S>l,01O
4 2,9
1,101.200
150,610
S;o.5
4 5,' 00
.loO.OllO
Gallatin. National..
.
'
2(i9.ll90
^
^
416,800
427,200
554.sno
8.'4900
^li.lOO
65",8iD
«O,01X)
1,00000
Chemical
Merchants' F.xch'ce.
May
iKOCXT o»
Illseounts. Specie.
tS.ittl.O'O $12 040.3(10 »2.S S.OOI
392.:J«
K.2777I*
2,050.1100
4,fiJ!l3iiO
2,989.420
of business on
Capltnl.
7.323,810
6061, UX)
6,491.165
2,301,320
It
29
01
44
following statement shows
New Tork City for the
;lVSBAea
Loans and
1,500000
3 651,255
115,858
131.328
101.278
commencement
,
8,(10O,li()O
1,4:4,9110
11
It
the condition of the Associated Banks of
S.000,«10
275
20
05
60
$23,524,387 47
Banka.—The
ManlisitanCo
3:4,121
201.723
617.087
168.483
2,743,878
$273,149
300.149
2»J.«9S
288.T90
««8,a00
787,7*9
$21,610,476 99
$40 474,467 25
Yorfc City
4.50,878
302,6.=7
31 1.635
$11,222,41146
.
Merchants'
Mechanics'
1872.
-
M
5
:
-Payments.
Currency
Gold.
$26i,.591 !8
229..'»6 :i
$2,291,000
64,.581
,
-Sab-Treasnry.-Receipts.,
C^urrency.
$!M4,174 01
$611,765 26
417,602 97
943,3.58 6:j
472,013 76
461.197
217.li2S 84
790,200 95
876,.V>9 17
760 213 72
42L355 48 2,li«,105 97
Gold.
5
Apr.
Jan.
$110,850 $1,791.7.57 $1,663.77(1
20,813
72>i<
Union
America
4^)
1873.
1872.
•'
1
21
14
3
Jan.l to latest date.
-Latest earnings reported.
Atlantic * (it. West. 2d week of May. $106,929
Atlantic i Pacillc... 2.1 we.k of Mr.y.
2.5. s05
Biir.,C. Ra|,.& Minn. Month of Ai)ril.
77,387
Central l*aci6c
^Moiith of April. l,132,HiO
Chicago & Alton. .. 2cl wi'cki.f May.
ins. 231
4'l,7T3
Chicago. Danv & V. Month of March.
Chlcii^'o & Nortliw.. Month of April.
990.816
4:|-,'.928
Ciev., Col., Cin. &I. Month of .April.
Erie
451.0-JO
2d week of May.
Illinois Central
Moniii of Aoril.
511.035
Indiausp., HI. & W.. Month of April.
124.045
1st week of May.
81.612
Kansas Pacifie
LakeSh. & Mich. S, 2d week of May.
:i7-.22(i
Month of April.
190.562
Marietta & C'inu
Micliip-in Central. .. 1st week of May.
140.1103
Milwaukee i* St. P.. 2(1 week of May.
156,013
Mo., Knns. & Ti'.xhh. Month of April.
261.7110
Ohio & Mississippi,. Month of April.
&t).236
PaciHc of Missouri, 2(1 week of M'ly.
ii8,on
St, L.. Kans. C. & N. M'tnlh of April.
231.880
(i2,4l«
St. Louis & Iron Mt. 1st week of May,
St. L. * Southeast.. Month of April.
10 l.S.'tS
Tol., Wab. & West.. Monlli of .\prll.
4 16, r 27
Union PaciBc
M.Mith of March
70S259
Apr.
Mch.
earnings reported are as follows
latest railroad
21
May
30
51
Apr. 29
87>< May 15
»<% May 20
»<'A May S4
H6M May 23
9:1
May 21
9«,X Mch. 25
Apr.
"
Apr. 1
Jan. 15
44W Apr.
Mch.
Jan.
17
19
20
"
May
12:i,W May
ITA May
m^
Feb.
Fob.
"
42 Ji
91K® l««
78X$ Tav
96Xi
The transactions for the week at the Castom House and SabTreasury have been as follows:
Jan.
42
Jan.
tiSJi Jan.
Jan.
Jan.
30
53»^ Jan.
Jan.
90
59 Jan.
BtiW Jan.
m)i Jan.
76
Jan.
70 iC Jan.
Jan.
82
86
Jan.
110
May
7i>ri
»i«a tnx
4;j<(
...,
Prussian tbalers
May
snx
"!«
Mch.
Mch.
72
100 li Jan.
Americnu Express
.SHJi
If'W Jan.
til
WXi
Frankfort
Bremen
Custom
House
18
Mch. 16
Jan. 17
Jan. 19
11J«
1»X Jan.
77 fi
The
51 7<
11.3>^
2.8X Jan.
Quicksilver
43
30
'<r
Meh.
Apr.
(K)
83
Jan.
Jan.
Feb.
May
Feb.
llsmhnrg
Receipts.
64>i Apr.
ih}i Fell.'
May
m.i Feb.
1
18X Apr.
1
m%
Jan.
3H;i Jan.
4«« Jan.
104^
40Ki
IIK Apr.
Fob.
105^ Jan.
Jan.
74>i Feb.
PC
WW
IO«K
Amsterdam
85 X Apr.
Jan.
117X Mch.
(»H Apr.
May
70
78
94« Apr.
8"X Apr,
Jan.
Jan.
»5
91
Jan.
9.5
United StntesfK.xpress.
Wells, Fargo & Co
Canton
Consol idated Coal
Maryland Coal
87
7.S5i
May
West. Un. Telegraph..
nref
M'ii.
mn Feb.
97K Feb.
Apr.
Apr.
Apr.
Apr.
Jan.
Apr.
Feb.
Apr.
Apr.
211
&I. C
PAnama
do
May 20
9Sif Mch. 80
60
8oX
do
pref
Rock Island
&
Apr.
140
scrip
Wabash
Atlantic
,
I
I
.
Northwestr
do
time In 1872.
Lowest,
Uighest.
Jau. 5 10IJ4 Apr. a
!MX
SUM Mch SO 95 Mch. 30
107X Feb. 12 1.30 Apr. 2S
Feb.
80
75Ji May 20
scrip,,...
do pref
Lake Shore
do
l,8W.'j«9
Antwerp
— Same
187.1.
5HX Jan.
I'aclftc
a,34I.4W
.1
108J<(
1ti8H<
oimmercial
**
Board.
and 1873 was as follows
1 to date
Lowest.
nii;hcBt.
97JS Apr. 16 10«X Feb.
R...
Kric
Rock
«.ii;7,*iM
i.77(.(m
as follows:
S6X
2SX
S5
The range from
Union
3.0ll7,8u;i
exchanife market has been jgrenerand the rates for actual businesg i to J below the
noiuin'il price of leading drawers.
To-day the price asked wa«
109^ for 60 days' sterling, and llOi for short sight, wliilo actual
business was at 108} to 109 and 109j@110. The nominal rates are
Paris (bankers)
Ohio
2,2.1,1
44.088.000
66,921.000
68,679,000
IffllX 1(10 (<
Coal
Maryland Coal.
f'tins.
St.
1.
63 891,00
ally quiet,
'roji
SOU
Cunlon
-*
$1
ForelEO Fxch«iijtc._Tlie
ii;x
'4iiX
4S
96
9^5^
—
('<-
Cnrrent week
IH ll7Ji 118% 118^ $.T73.8W.00i $l.8M,9tt9 $«,'W«.T4i
Previous week
ai»,»4.0in l,S79,3bl l.l)U.5,'it»t
117H in?i 118»i 118
Jan. 1, 1873, todKte...ll2X IIIK 119X ll8>i
'
SSK SOX
ssx sr,s
45« 47H
'....
6-,%
.
$6O,4'i.5,0 10
in«
inx tvH
-Bal«n*y«.
,
....
111
SIX 81X
Total
Clear! nfft.
inn
Monday,
ai% SIX
8(1
aiv
SUM
111
do
prcf.
Pacinc Mttll....
Adtims Fxn
.\nierlcan Kx..
United States.
Wells, Fargo..
,
HJ
•50
,
ClosIng,
Illiihest.
.118
lis
17
118K U>*ii
VI ...118X
IIBX ll7>i
21) ...I173i 117H UV/i ll7»i
21 ..
ii7j<
s«....in!< 1I7J* 118
insi
iU....ll8
117^ I18>< 1I8K
"
Tuesday.
Wednesday,**
Thursday, '*
"
Filday,
iin
37
lu.>!i<
May
Salnrday,
ua
•lOlKHB
2« 2X
est.
lni{.
73
24
21
41
-Quotations.
.
Open- Low-
i''X
•ri«
-.:
table will
7:1
SIX
2!n
•101
& West
Hun. &St. J08.
pref.
do
Union Pacific
•
MM
ax
Olitnil o^ N..T.
Hoiit.,II.&Erln
week Lave been |3,391,000.
show the coursa of the gold premiom
each day of the past week
m" UW 108X
53«
-IS
the total bids amounted to |G,375,000.
receipts of the
The following
»1« HOH
69X «!IX
•....Ml
Wabfleh
Thunday
62«
13
9(1K
At the treaaary •!» of
8i and 6 per cent.
4, 3, 5,
oil
IJltM
'-4
w
•....
»!•%
Customs
TneaUay. Wednesday. Thnrsday,
111
DUX iim«
12H^-
|l,.'500,0OO
May
ims 1(10«
'.-.
Krle
today were
687
deviations from the
returns of
prerioua
week
are as
follows
Loans
Specie
Le«»iTcnder».,..,
Inc. $8,ns«,'!00 Xet Deposits
4.t7J» "
tlrcalailon
Inc.
Inc. l,l5J.ft»l
1
Inc.
t^ifKt
Dec.
81300
—
^
Lecal
Loans.
AprU
Aprtl
Aorll
Mar S ....
Mar 10...
Mar n..
Anrregnte
C'rcu-
Specie.
Tenaers.
Deposits.
15,684,100
16,134,^00
l«.l'. 6.400
84,»40,S00
35,493,800
Clearings
latlon.
2^M,^S4,000
271.5:6.900
2TO.I9U.HO0
289,301.900
27",721,100
»...
12..
19..
2S..
27.715.800
27.714.400
l'..9a9.700
S7,690,fiOO
13S,2S0,fi«0
40,('51.7I)0
196,471.900
202,819,100
2j7,8S4,100
27.SM.4IO
41,944,310
43,102,200
65!i,0?5,S91
8>-2,4ra,Sf5
27,713,3110
693,5;5,«3»
698,03^,783
655,285.410
615,076,093
27,5.'S,500
27,489,200
Boston Bank*.—Below we give a statement of the Boston
on Monday,
National Banks, as returned to the Clearing House
May
19,
1873
t7bU,000
Atlantic
Atlas
1,500.000
1,500,000
1,000.000
600,000
200.000
1,000,000
1,000,000
1,000,000
200.000
1,000,000
800,000
1,000,000
Blackstoac...
Boston
BoylBton
Broadway
.
Columbian.....
Coatlneutal.....
Mot
Kverett
FanenllHall..
Freeman's
Olobe
Hamilton
,
11,589,600
<,87!,7U0
S,57«.8CO
2.299 900
1.645.600
522,700
2,461.000
2,U99.«J0
2.626.000
T22.8O0
2.743.500
S.7I10
2400
2,900
2,100
2.210.300
7iso,ooa
900,000
2,1100.000
Maverick
Merchants
Mount Vernon
New Bngland
2.0U.400
IJWO.OOO
Massachusetts
85'.906
85,800
48.009
1,000,000,
1,000.000
Market
liii (00
J,2al.8UU
1,460,700
1.714,100
1.220.900
t.622.900
696.100
2.873.600
8.206.500
2.316,200
2.972.200
3.573.100
8,013.100
1,454.200
8,298.800
SJX»,00O
200,000
North....
Old Boston
Shawmnt
Leather
1,000,000
2,000,000
1,500,000
State
Bnffolk
Traders
100,000
TremODt
750.000
1,000.009
1,000,000
1.500.000
500.000
2.343,3(10
Bank of Commerce
Bank of N. America
B'k of Redemption.
Bink of
Kepuhllc...
City
Kagle
Exchange..
Hide * Leather
Rsvere
1,000W>
1,500,000
2.000,000
Security
200,000
Union
Webster
Commonwealth
1,55.H,71J0
174.700
78O.W0
1.731,800
1,0.3.800
901.400
1,369.400
567.0JO
»6?.2t0
745.10;'
174,100
642.U0U
589.708
976 500
969,500
167,900
M)
6'.7,4;'0
14..
367,90(1
.^98.200
1,879,6110
719 «00
773,600
171.200
772,600
1,327 .900
2.301.800
1,167.400
121.6(0
629,200
263,900
470.800
180.000
167,000
185.600
449,700
798,510
842.600
867,900
882,000
793.<<00
1.762.400
1.115 100
1,879,900
612.400
266.S0O
337.400
76 6a'
173.400
151,300
205,0(0
.581.900
1,803 400
29(1,700
5.aro
136 600
78b.1"(1
349.900
581. 5U0
1,122,7(10
366.ri00
a9.3<J0
4.6110
353.300
240.700
441.«lO
363.900
411 605
239 900
940,800
267.800
J00.2OO
2S3,200
I'OO
790.100
778.900
448.600
S3fi.90(l
74.i.00'J
175.500
542.800
491.800
250,000
9711,500
864,9(0
1,716,100
19,441,600 »50,285S00 t25.4;5.900
Total
»48, 850,000 »in,018.600 »1,757,TW)
The total amount "due to other Banks," as per statement of May 19, Is $17,319,700.
The
deviations from last week's returns are as loliows
Decrease.
Decrease.
Increase.
Loans
8i>ecle
Luifal Tenders
The following
24
MarchS
April 7
April 14
April 21
117.965.000
117,580,500
117.501.100
117,070,500
117.018,600
Aprll28
Miy5,...
12
M»yl9
Banks.
la,
1873
Il,185,6(f0
1,839,900
1,757,700
following
$1,500,000
North America
1,000,009
Farmers and Mech. 2,000,000
810,000
Commercial
M5chanlc8'.
800,000
Bank N. Liberties.
600,000
Bouthwsrk
250,000
Kensington
250,000
renn
500,000
,
Western
400.000
;
Manufacturers' .... 1,000.000
Bank of Commerce 260,000
(Jlrard
1,000.000
200,000
Sradesmen's
onsolldatlon
800,000
<nty
400,000
,
Commonwealth..,.
800.000
500,000
Corn Kxchange...,
Union
SQO.OOO
1,000,000
first
,.
Third
800,000
Blxth
150,000
Seventh
350,000
Elehth...
276,000
Central
750,000
nankof Bepnbllc. 1,000,000
Security.....
250,000
Loans.
Specie.
$5,635,000
3.961,000
6,215.600
2,400.000
2,273.000
2,492.000
!.456,0M
4,000
the average con-
is
for the
Tende r.
week ending
1,692.94-.
2,133.080
775 264
3.780,000
1,625.0(0
1,111,181
1,1)9,902
764,560
3,671,000
1,727,000
4,126.000
1,003,130
531,000
824,0;'0
2.783,000
6,367,600
1,747,400
1,280,000
2,173.000
i.sst.oto
796.»93
1,686,700
654,000
877,000
60«,000
257,000
304,575
469,181
253.500
210 825
1,018,000
360,000
262,502
315.219
!0d,299
232
9,000
6,000
$45,992,160
1,000
2,000
2.092,000
6:3,000
)
1.12«,0('0
$13,641,800
741.000
1,081.000
$122,379
S,10.?,(IOO
245,000
1,100,000
275,000
158,000
215,000
169,000
975,000
468,000
116,000
23,031
10,000
12,000
702.000
1,711.749
1,182,513
620,023
767.157
878,609
4Sk,263
3,690,000
1,437.000
8,503,000
927,516
461,000
637,000
774,300
3,288 000
1,017,000
376,000
700
S^'-'-'iffi
Deposits,
$3,789.(100
May!2
May 19
68.4fi2.S73
(69JXI6.414
;69.in.l74
l|Bl),458«0
68,
6s,
do
do
do
New
$1,000,000
98,0(10
1,000,000
9:6,000
479,000
439.000
310,416
224,261
173,150
197,2S0
639,333
209,105
536,0(0
180/100
270,000
354,8,30
450^100
292,000
795.000
Deposits
Circulation
13.5
10,909,.J41
11,152,267
11,611,739
13,458,177
18.641,300
75
ici"
;
Exempts
6s
JIO.MIO
573,000
800,000
130,000
$11,429,148
Deposits. Clrenlatlon.
41,'2S4,169
11,865392
4W95,5ai
11,873,811
11,892,438
11,389,972
•11,382,107
.40.858,795
39,935,615
40.124,310
4t.571.881
43,588,268
44,166,814
45,177,205
45,137.223
46,993,160
North FennBylvania
Oil Creek ft Allegheny River.
31
Pennsylvania
Philadelphia ft Trie
Philadelphia & Reading
Philadelphia ft Trenton
ll,396,t.i6
11.423.753
11,416.641
11,475.110
11,462,752
11,479.014
11.469.983
11 438,679
11,120,068
11,:N9,14S
ft
6s of 'to
do
6sot 85
W.Vb.)2(1M
'
96 Jf
—
»6H
61,
SdM.6s
Ist
M.Vgnar)
6
8. F., 6, '85,
do 2d M.,
do 8dM.,S. F.,6,190(
do 3d M. 'T. &C)6,'77
do Cons, (gold) 6, 1900
ft
Connellsv., 1st M.,7,
47,H
64X Cincinnati
do
b8
SO
43
32
54X S'X
jb
57»
36
62
120
Baltimore,
67)i
do
5s
68
7-aOe
S9X
87M
95"
S4X
95X
41X
iih
108
Co., Ohio 6 p. c. long hdB. 90
do 7 p. c, 1 to 6 yrs. 95
do
do !gbdB,7*7.30B ;oo
do
Covington ft Cin. Bridge..... 75
Ham.
Cin,,Ham.&D.. I8t M.,7, 80..
2d M.,7, '85..
do
do
3dM., 8, 77...
do
do
86X
101
94"
'98
do
I8t M., 6, 1889
do
West Md.lBtM., endorsed,6, '90
1st M., unend..«. '90..
do
do 2d M., endorsed, 6, '90.
Baltimore ft Ohio stock.,
Parkersburg Branch
16
Central Ohio
60)i «0k
preferred
do
47
46X
CINCINIVATI.
Stii
52X
S4
87
87
Wllmlng.
do
(N.
Central Ohio, 1st M., 6
86X
Marietta ft Cin., let M., 7, 1891 lOOi
2d M„ 7, 1896.
do
do
Nerf oik Water 88
Pitts,
Norristown..
Northern Central
95
93
98
86
90
04
92
S7
101
94
100
8]
85
Cin. ft Indiana, Ist M., 7
,....
Tioga
do 2d M.,7, 1877.. t<S
do
Westchester
Colum.,& Xenia, Ist M.,7, '90. 96
pref
do
1st M.,7 81., 93
Dayton ft Mich.,
....
WestJersev
81
2d M.,7, '84
EO
do
do
cana"l stocks.
8(
3d M.,7, "83.. S7
do
do
Chesapeake & Melaware
89
50
do To'do dep, bds, 7, '81-'94, 87
48
Delaware Division
to
Lehigh Navigation
41X 41X Dayton ft West., 1st M., 7, 1905. 88
81
Ist M., 6, 1905. 79
do
do
52
Morris
80
7S
Ind.,Cln.ftLaf., lstM.,7
do pref
86
7
(I.ftC list M.,7, 1888 85
do
Schuylkill Navigation
90
June, Cin. ft Ind., 1st M.,7, '86. 89
do
pref
88
Little Jllaml, l8t M., 6, 1883 .... 87
pref
Union
91
90
Ham, ft Dayton stock
Cin.
RAILKOAD BONDS.
:05
104
Columbus ft Xenia stock
Alleghany Valley 7 3-lOs, 1896.
44
42
Dayton ft Michigan stock.
Belvidere Delaware.lst m ,6,'77
do
8p. c.Bt'kguar 106H 107
do
2d M.,'S5 84'
do
105K
106
Little Miami stock
do
do
8d M.,'87 SO
.
Camden
ft
do
do
do
do
219,3,50
Ine. $864,937
Inc.
9!050
"
•
40,899,024
41,495,606
41,558 J3«
41,601,663
do
,
lR90,PBrk68
ft Ohio 88 of "75
do
do
do
do
do
do
do
do
l'.»X
Ailantlc
pref
do
J. ft O..
68 of '75
18S4
68, :90c
Northern Cent,,
RATLBOAD STOCKS.
J. Companies
W)
condition of the PJiiladelphia
9,917,655
9,992.033
9.874.360
9,945,846
9,6?6,72a
9,663,471
10,317,071
coup...
United N.
259.i.29
1
27!,544
329,056
;40,7!5
142,651
1301^04
130.906
128,271
142,760
110.6:4
238,941
•836.587
123,873
ioi>i
5s,
do
do
do
Baltimore
975C
5s,
6s
7b...,
do
CatawlBSa
107
new
.lerscy State 68,
Camden &
Baltimore
!00
10-15, 2d...
15-25, 3d. .
old
Alleghany County,
Allechany City 6s
Phlla.,
previous week are as follows
for a series of weeks
Loans.
Date.
Specie, Legal Tender.
67,068,382
347,682
February 10
10,263,725
242.414
Febrn ary 17
1 56.927.381
9,936,382
178 '13
Februaiy24
! 36.476.940
9,735,670
Mays,.
do
do
Nesqnehoning Valley
$992,000
1.000
2,533
1,206.6,W
The annexed statement shows the
Apill7.., ....
April 14
April 21
Anrll 28
do
do
Philadelphia
25.566.800
25,475,900
Banks
56,867,!58
50,666 325
:57,S19.2I5
67,063,527
167,712,122
;57jn,5,«17
t57!l29,734
67,391,11!
BTATK AKt> CITY BONDS.
Pennsylvania 5s, coup
6s, '67, 5-10, Ist...
do
4«,467,liOO
50,285,800
_
MarchS
MarchlO
March 17
March 24
March 31
BAi.'rimoRE.
Maryland 68,,J an. .A.,
do
6s, Detence
PHItABEIiPHIA.
Mlnehlll
.578.000
The deviations from the returns of
.
L.
1,(198.366
Inc. $341,725
Dec. lU.iS!
Inc. 185,623
Vermont &
Little Schuylkill
Total net
$14,000
6,600
25,700
8,000
2,528
..,,.. $l«.435.00O $.19,453,900
. .
25,626,7(10
25,412.700
25.519,400
25,677,100
46,2011,800
lOlX
I
25,619,1(0
25,417,2(ll>
7S«
50
.
25,5%.900
25,484,10(;
25,423,9o0
'34
.
pref
Elmlra & Wllllamsport
Blmlra A Wllliamsport pref..
East Pennsylvania
Harrisb'g. Lancaster ft C
Duntin,rton & Broad Top. ..
do pref.
do
Ijchlgh Valley
:
i'hlladelphla
Legal Tender Notes
Banks
25.379,10"
25,566,402
25,457.5(0
reg...
68,g..l9;0..
Western Penn, 6s, '98
6b. p. b., '91
do
do
Wllmlng. ft Read.,lBt M..7, 1900 99X
Verm't Cen., 1st M ., cons. ,7, '86
do
do 2d Mort, 1902
do 2d Mort., 7, 1891
Beading Coal ft Iron deb. b.
Vermont & Can., new, 8
lo
do
mort. b.
Vermont A Mass., 1st M. 6,'r" 91
OANAL BONDS.
Albanystock
Boston 4
Chesapeake ft Dels, 6b, '83...
isik
Boston & Lowell stock
Delaware Division 68, '73
:23
Boston & Maine
Lehigh Navigation 68, '81
150
148
Boston & Providence
do
KB, '97...
77
Cheshire preferred
"77
do
IMh
Chic, Bur.ft Qulncy
do
conv., '8'J
i4M 15><
Cin., Sandusky & Clev. stock
do
conv., g,'94
60
64
Concord
gold, '9
do
:88
Connecticut River
55H
88V Morris, 1st M., 6, 1876
Connecticut & Pasaampsic, pf. 105
do 2dM„ 1876
.05H
Efislf.rn Mass 1 ,.
do
boat, '35
lOOX
(New Hampshire)
EaBtern
135'
Pennsylvania 6s, 1910
75X
FItchbnrg
BOX
Schuylkill Nay. 1st m. 6b. '73.
135
Manchester & Lawrence
112'
do
2d m.,'82
Norther? of New Hampshire. 111*
do
6s, '95
180
Norwlchft Worcester
55"
do
6s, Imp., '81...
51K
Ogdens. & L. Cbareplaln
do
66, boat, '88..
98
pref.... 96
do
do
7h hnnt. 'Rfl
do
7s, boat,
i;ix UIK
Old Colony^
Susquehanna 6s, *94
Port.,Saco & Portsmouth
do
Coal Co. bonds.
io'
Rutland common
56" Union 1st mort. 68, '83
55
do preferred
West Branc h iPt m. 68, '78
70
60
Vermont ACanada
Wyoming Va ley Ist m. 68, '78.
84
Massachusetts
45,942.200
47,410,300
48,103,700
10,834,200
»,e»4.ooo
9,857,500
10,055,400
8,939,300
8,452,200
8,424,900
9.056,800
9,191,600
9,052,100
9,441.600
1,4(11,100
Capital.
I'Osns
Specie^...
57,889,100
65.802,300
63.085.700
49,974,000
47,981,100
46.947,100
46,296,800
47,723.900
11,032,800
11,157,500
PbUadelphla Banks—The
Monday, May
1877..
Delaware State
dition of the Philadelphia National
*t)tal
90,400
I
1.6M,'200
1,171,400
1,015,100
929,900
795,900
802,200
718,500
922,600
932,100
338.700
1,030,700
118,76.3,701)
6, "76.
do Bonds, 7,
do
Rutland, new, 7
Stansted & Chambly 7s
do
West Chester cons. 78, '91....
West Jersey 6s. '83
Istm. 68, '96....
do
do 7s, '97....
do
('h. 8s
Bds,
coav.7B, '90
deb. bonds, '98
g. m.7B, c. 1911
Louis 7b
Snnbury ft Erie Ist m. 7s, '77
Sunbury ft Lewiston 78
Warren ft F. Istm. is, '96....
Eastern Mass.. conv.. 6. 1874...
Hartford & Erie. Ist M (new)7.
OldCol.&Newport
'80
7s, '93
do
Pitts., Cin. ft St.
'67.
Ogdensburg & Lake
it
78. '88
Reading 6s,
PhlI.,Wllm.ftBal.,63,
.-
6
Pittsburg
Decrease.
do
do
do
do
do
do
100
98>j
Portland 6s, building loan.,..
Burlington & Mo. L. ti.,7
.....Increase.fI,818,2(IO
are comparative totals for a series of weeks past:
Specie. LegalTender. Deposits. Circulation-
126.217,900
125,578,800
121,890.400
123,333,900
122,555,300
181,164,500
120,209,400
120,(M1,600
MarchlO
March 17
March 24..,,.
March 31.,
May
Deposits
Circulation
I
Loans.
Date.
February 17
February
»51.900
82,200
339,500
do
Gold
do
Boston 6s
do SSjpgold
Chicago Sewerage 7s
Municipal 7s
do
Cheshire,
2dm.
Plilladelptala ft
Currency..,
Gold, 1876...
6s,
6b
5s,
116.800
513.600
E49,Sl)0
Pennsylva., gen. m. conv, 1910
reg
do
do
Perklomen 1st m.68,'97
Phlla. ft Brie 1st m. 68, '81
do
6b
790,50;i
'332,800
229.'.0O
199.9(10
;i,800
119.900
70.000
6,400
4.S00
234,700
23,900
2,400
8.900
Hampshire, 6s
Vermont
Massachusetts
Cin., San.ft CleT.,lstM., 7,
632,600
3 981.100
63,200
2,900
2.400
127 500
20,500
1,292.900
4,611.000
1.749.300
5.050.700
2.9:9.400
1.975.200
2.087.100
4.328.400
3.249.300
4,3S8,500
331.600
2.387.7UO
2,392,000
Washington
New
570.0 ;ll
436.400
173.300
789.000
570.100
1,579.200
5B6.6U0
98!,300
874,100
759,100
439.000
877.600
66,4(X)
4.'.09,200
300,000
2,000,000
1,000,000
1,000,000
1,500,000
1,000,000
1,000,000
55,-00
155,000
8.600
79,100
82,800
42,000
3.836.900
1,(00000
ai.iiib
l,786.9iiO
First...
Second (Qranlte),..
Third
<9,3<I0
100
157,200
rea.siic
7>*7.300
99J4
512.9(J0
265.600
71,700
626.400
115,600
225.700
45.600
87.600
40.200
96,500
55,210
439,900
82,900
217.300
220.100
Aek
,
BOSTON.
.Maine 68
1,046,500
73;,O0O
833,800
964.000
611.700
1,328.100
82,«l)0
600
200
$146,900
l,957.4(;-0
187,700
99,000
57,000
225.000
1.500
4.500
16,709
;.«-v8.;oo
ties.soo
999.400
tiSO.SOO
820.600
86«.7O0
100
1,000,000
800,000
'^•"^
800.000
400.000
Howard
6Doe&
Boecle. li.T. Notes. Deposits. Clrcnla.
Loans.
Capital
Baal£B.
Bid.
SXCmBITIXB.
BKCJUBITISB.
780.498.163
27,737,700
1S,6T7.S00
20,261 .6'
20,698.900
274.687,9
!»7j,074,400
s«.«i'.>,eoo
186,899,200
186,899.200
187,167,300
24, 1873.
dUOTATlONS IN BOSTON. PBILOELPHIA, BAITIMORE. &c.
past
are the totals for a eeries of weeks
The foUowing
*"
B
April
[May
THE CHRONICLE
688
Amboy, 6b,
'75
6 s, '83
do
68, '89
do
domort. 68, '89...
Camden
ft
I.OtJISVII.I.E.
97
SO
87
do
do
do
do
do
93H
conso].,6s, '94...
Atlan. Ipt m, 78, '73. iia'
2d m, 78, '80.. 85
100
Catawlssa, 1st M, conv. , '82
chat.m. do '88..., 98
do
do
new 78, 1900
do
Connecting 6s 19(10-1904
East Penn. 1st mort. 7b, '88
W'nisport, 1st m, 78, 'SO.
El. ft
do
do
5b
101
Jeff.,
102
Lehigh Valley, 1st M., 68, 1878,
do new 68, '98
do
do
do
do reg,
do
do new 78, reg., 1910
Little Sobnylkll i,l8t M., 7, imi.
Northern Cfentral 2d m, 68, '85.
do
do 2d ro, S, 65, 1900
do
do 2dm. 68. 1900.,
North Penn. Ist ra, 68, '85
do
2dm. 78,^96
do
10s,
chat, m., T?
Water Stock
'89.
68, '97.
Wharf 68
special tax 68 of '89.
Mad,& I,l8tM.(IftM)7, '81
do
do
do 2dM,,7..
do Ist M.,7,
1906...,
33
S2
80
81
96
79
88
98
99
LoUlBv., Cin,
99K
703 J; 104
98
93
9.3;
SIX
97
98
106
Creek ft Al. R., con. 78, '88
on Creek let ra. 7s, '82
«j
Pem, & HightBtown 7», '89
Penn ft N. V. Canal 7s, '96-1906| lOOK
97j<;
89
81
84
es
81
82
91
80
89
B»H
88
,
65
Oil
Pennsylviinia, 1st M., 6, 1880. .
3dM.,«,1875....'
do
to
87
LoniBV. Loan,6.'81. 86
do
99
L. ftNaah.lstM. (m.8.)7, '77.. 98
85
do Lou. Loan (m 8.16. '86- '87 H
83
do
(Leb.Br.)6,'86 n
do
'70-'75.
96
95
do IstM. (Mem. Br)7,
94
do IstM.CLeb.br.ei) .. '80- '85 91
do Lou.L'n(Lel).br.ex}6,'9S SIX 82S
do Consol.lst M..7,1898...,
Jefferson., Mad. ft Ind
,
'95.
. .
LoiilsT. C. ft Lex., l«t M., 7, '97.,
Lotlls. ft Fr'k., 1st M., 6, '70-'7S..
HarrlBburg Ist mort.6s.'83
H. ft B T. Ist mort. 7s, *90
I02X
do
2d mort. 78, '75.... 89
do
3dm. cons. 78,
Junction 1st mort. 68, 'So
do
2d
do
1900
'82 to '87.
6B, '97 to '98
Water 68, '87
Louisville 68,
do
ft
Lex., pref.
do
common
Louisville ftNashvllle
..,
8T. I.OVIS.
73
32
76
34
77M
7SX
!!l
68, Long Bonds
do
68,8hort do
91X
Jo
Water6B gold
100
do
do
(new) 97
?:>
98
do
Park 6s gold
do
Sewer SpeclalTax «8 SO
90
North Missouri, Ist M. 78
50
do
2d M.7B...
ilo
9«
Sil M.7s..
St Louis
91
.
,
Pacific (Of Mo
87
) IstM. gld....
9
Kansas PaciOc stock
.1 XH'
BR. of Mo. slock
Ptclflo
4S
•
Maj 2i,
THE CHUONICLK
1878.]
QUOTATIONS OF STOCKS AND BONDS
Oovemmmt Bond* ana
active ItaUroad Stocks are quoted
cent value, w/iatev»r the par may be. "
Bid.
•OITBITIBt.
Tenneuee
6a,
old
81
61
19
old
«»,
;8, 6(1
do
do
do
do
do
.
.
.
.
9S"
HI
09
lU
AQnlncy
Clev,, Col., CIn. & Indlanap
Cleve. & Plthaburg, guar. ...
Dnn-l'^ne A ^loux
Harlem pret
.
^
CUT
:u8
8S>i
87)«
9U
,.
Illinois (3eTitral
JolletA Chicago
Long
&
Cln., Ist preferred
pref.
do
do 2d
Michigan Central.
Morris & Essex
Mo., Kansas & T
New
Jersey tiouthern
31
New Haven * Hartford
& Host (Stonlngt.)
Ohio & MlsalsBlppI, prelerred
N. Y.,
Tol.,
W. &
special.
do
& Saratoga
Rome, Watertown & Ogdens.
St. LonlB, Alton & T. Haute.
do
pref.
do
St. Louts A Iron Mountain
Bensselaer
105;<
93
94\
111.
1I7X
98
Bur., C.
Kan. C.* Northern pref
Toledo, Pcori^i & Warsaw
Toledo, Wab.A Western, pzel,
N.
J.
N
..
:i40
rle
do
do
do
do
116
•*%
,i
69
iBt
6e,
6s,
7b,
92X
real estate...
87
subscription.
conv,
Mortgage
do
'lo
di7s,aa do
do ;ii,3<1 'lo
«o, 7«,14th do
87«
101 )i
IflflC.
. .
:<.xtond.«ri,
loix
Chic, Danv.ft VIncen
86X
'*\
nn
»i% Connecticut Western Ist 7»....
Chic, ft .Mich. Lake Shore Ba..
Des Moines Valley Ist 8s
do
do Land Grant 68
Dan., Urb.. Bl. & P. 1st in 7 gld
Detroit, nillsrialc A In. liR.S's
Dutclicss ft Columbia Ts
Denver Pacific 7s. gold
ft
RIoHlrande
Detroit. Lnnslog
Og. (Vt. dlv.j 6a(.
85K
»
91
sa
S5)4
85
b«
91)4
2(1
Lynchburg 6b
M.
Elizabetbtown
&
,
Macon 7B,boDda
Memptalaold bonda,
88)4
6s
do
new l>ond8,6a
„ do end.,M.*C.R.K....
HobUeSa
00 8a
Mont«omery8a
8S
90
166'
83
Keahvllle 6<, old
do
SB.new
NewOrleanBia
do
ao
conBOl.6«
do
do
bondB, 7i
do
do
tOs
do
do
to raUioadi. ••
S^
40
>5
85
TO
Norfolk6B
Petersburg 6b
...,
,
Richmond 6s
Savannah 78, old
do
78. new
Wilmington, N.C.tifoId
do
do
8a gold....
Bs
78..
7b
Nasnv.78..
8a con
& Padu,
BAILBOADS.
T H A Cblc 7s. gld
North Am. 6s, gld
PereM. 7s, Land Or..
European
Flint
ft
Ala.
Ala.
ft
(^latt.,l8t.M,8a. end...
ft
ft
Tenn.R,
Ist
M., Is....
Fort W.. Jackson 4 Sag.Ss...
do
2d.M.,7s
91H Grand R. A Ind. 78, gold. guar.
Atlantic AGult consol
92
dn
do
do 7s, plain
do
end Savan'h
Grand River Valley 8s
do
do
stock
ss" Indlanap., Bl. ft W, let 7b, gld.
do
da
do gnaran
*l^
86
do
do 2d 8s
Central Georgia, Ist M„ 7s....
9il
Indlanap. ft Vlnccn. Ist 7s,guar
do
do
stock
87
Iowa Falls A Slonx C. Ist ,8... 80
Cbarlotlr Col. ft A ., lat m., 7b
Indianapolis ft St. Louis 78
do
87X
do
stock
Jackson.Lanstn ft Sag. 88...
Charleston & Savannah 6b, end.
Savannah and Cbar., let in., 7a.
Kansas Pac. 'is. Extension, gld 90K
do
78, Land Gr., gld. 92
Cheraw and Darlington 78
do
East Tenn. ft Geo; ula «s
78,
do new^Id II
94
East Tenn. ft Va. 6b end. Tenn
do
6s,g'd, JnnftDec 83
do
6b, do Feb ft Aug |2H
Irt M.,
g^ |E. Tenn.,Vaft Ga., st-^cic 78..
do
78, 1871, Land Gr. 92
do
^o
78
80
do
18, Leaven. Brch.
iGaorglalt. R..7S
36
do
Incomes, No. 11.. 80
Jo
stock
29
do
do
No. 16..
Greenville ft Col. 7s, guar
do
Stock
do
do
7s, certir..
Kalamazoo ft South H. 8b, guar 100 iM'* Macon ft Brunswick end. 7b.,.
95
Kal., ADeghan. ft G K.88,ga«r 90
Macon ft Western stock
85
Kal.ft Wliltel'igeon78
Macon and Augusta bonda...
108
i6b"'
Kansas City ft (aineron 10s...
do
do
endorsed
8S
9.x Kan. est. Jo. A C. B. 3 p. c.
do
do
stock
87
Lake Sup. ft Miss. Ist 7'8, gld.
Memphis ft Charleston, 1st 78..
7s"
do
do
2d "s
do
do
2d 78..
80
Leav., Atch. ft N. W. 7b, guar.
do
do
OUlOlE.
96
IS
Memphis ft Ohio, 108
Leav Law. ft Oal., stock
96
70
do
do
do
do
latM., 108..
6s
91
Memphis ft Little I:. JilM...
93X' Louisiana & Mo. Rlv. l^-t m. 7*"
81^1 Logans., Craw. & S. W. 8b, gld
97X Mississippi Central, l.t m., 7b.
108
Michigan Air Llne.Ss.
do
,, ..
2dra., 8s..,
96 J4
IIM
104)4
I
15
lOtiX
.-
90
lOOH
S^M
SI) Si
9«S
101)4
95
94S
94
.
.
Mo.itlcello
ft
P. JcrvlsTa.gold
guar.
Income..,
Montclalr
.10
9i"
92X
94 >4
84
'
1st 7s, gold,
do
Mo., Knn.
9j
7b,
ft Texas 18 gold.
Mo. K., Ft., B. ft Gnlf. stock
do
do
lat. M, lOs
do
do
2d MT. 10s
N. J. Midland Ist7s, gold.gnar
do
2d 7b guar,.
N. V. ft 08W. Mid. .'flt 7', gold,
do
do
2d 7s, conv
Kew York A Boston 7s gold.
N. Haven, Mkidlet. ft W.78...
Newbuig
br'ch
Oregon
A California's, gold
Oswego A Rome
7s,
73
Port HuronftL M.Ts.gld.end
88X
do
do
7s, gold...
I. 7'8, gold...
Rock
RockCd.K I.& St. L.l«C78,gld
Rome A Watertown 's
....
Rome, W. ft Ogdcnsburg's..
81X Rondont ft Oswej^o 78, gold..
Peoriaft
—
Slonx City ft PnctUc 6«
Southern Pacific 6'6, gold
South Side (L. I.) 78
Steubeaville ft Indiana 68....
'
2a 7s
Southern Minn, construe. SB
do 78
do
..
St.Jo.ftC.Bl. 8tM.,Il>8
do
8 p. c.
Den. C. Rs.goId.W. D
do
dp Ss.gold, E. D
Sandusky, Mans, ft Newark 7s
St. Louis, Vandalia ft T H. Irt
do
2d
do
do
St.
Jo.
ft
St. L. ft So'eaatern 1st 78, gold
St. L.. ft St. Joseph. lat, 68, gld
Southern Central of N. Y. 78..
Teho ft Nco8ho7p,gold
Onion ft LogansportTs
46)4
,..
Ulah Central 68. gold
union Pac., >-o. branch, 68, gld
n
g:
Walklll Valley iBilB.gold
We«t Wisconsin 7a, gold
40
..
I
Montgomery ft West P.. ist ,8e..
do
do 1st end.
do
do Income
Montgpm.ft Kufaula 1st 88, gld
75
end/by State of Alabama,.
r,x Mobile ft Mont.. 88 gold, end.
85
Mobile ft Ohio sterling
97
do
do
do ex crfs.
8i
do
do
8e, Interest...,
90
do
do
8 mtg, 88
75
do
do
Income
do
do
ito«k
ie" N. Orleans ft .lacks. 2d M. Rb.
do
ii"
gnar
Peoria. Pekin ft I. ist ni, gold
Pitts. Cln. ft St. I;. 1st 7s
n\
75
uuar. Erie
7s,
Omaha ft South western RR.8'8
Mississippi ftTenn., lsHn.,78.
do
do fonso1d..88.
90""
76"
61.S
75
90
40
do
Nashville
<
hattanooga,6s...
Northeastern, S.C.lst M.Ba. ...
do
2dM7, 88
Orange and AIez.,t8ts,«e
3dB. (a
3ds, Sa
4tha,8a
<lo
do
do
* Pet«rb'g 1st m.. 7s
do
3d »., Oe.
3d m., 8s.
do
Hlch.,rre'kjb'gft Foto.ts....
do
do
do conv. 7a.
Ulch. and Danv. 1st cons'd 6a..
Piedmont 8«.
do
d"
Arkansas Levee bonds 7s
Atchison ft P. P<,68 gold
*
Chic. ft C«a.Sonth. iBtmgl'B
Ch„ D. ft v., I. dlv., 1
gfi 78
Hous. ft Tex. C. Ist m. gold 78
m
Atlantic
Houston
Atchison
Iiitcrna''i
liMl.ft 111.
Ind.. B. A
ft Pacific L.G. 6'8 gld
AtclitsoQ, Top. ft S. Fc 78 aid.
A
Nebraska 8
p. c....
Mo. Klvor. stock ..
do
Land M. 7s.,
do
US., do.76..
do
14
ft
^
8.,
dok..
N. Ist m.^1 7b
RK.T«x.lstDigld7»
C lit m. gold 7S...I
W. Kit lat m gl 78,
ft (it.
I
,
Jack.. N W.& S.K. Ist m tl s7
CheoapeaJce ft O. ist m. gld 6"
(ilj**ir
do mort gold 7a>
,^
..
lau.
8a
D., 1st M., 7a..
South ft North Ala. Ist M.,8a.
SouthBldc, Vs.. I8t mtg. 8a
mlma,Romeft
do
2dm.,ciurt'd<a...
do
3dm..6s
do
4thm..8B
Soothweat. BH., Ga_ Ist mtg...
do
stock
8. Carolina RB. lit M, is (new)
do
do 6b
do
do
do
do
£
60
7b
80
stock
v«.ft Tenn,l8ta,6a.
do
do
New Loan*.
A
Norfolk* Petersbnrg lat m.,»s
do
do
do
do 2d mo., „
Rlchm'd
do
do
67)4
cerfn.Ss.
N. Orleans* Opelons.lstM.Ss
x*
2ds.6«
3dB 8e
!
West Ala., 8a guar
Wilmington and Wcl jon 7b.
Chft Rath. Ist m. end
do
IstM., 8s....
do
do
.
I.l*t«
,
'
mort. 78.
M. 78...
IHIscellaneon*
,
Evansville.
luaw 103
96H
.
.
100
78. equip....
Evansville. Hen.
104)4
86>i
101
99
Charleston stock 6b,
....
Charles ton.S.C., 7»,F.L.bdi.
Columbia, 8. c, 6b
Colnmhus, Ga., 7b, bonds.
gold
7s,
Lal<e
ft
do
do
Lsfayette. Bl'n ft Miss. 1st M.
Pekin. I.liu'oln A Decatur IstM
Han. ft Cent. Missouri Ist M.,
Bar-
91H
s 78, gld
Del. 7b, gold.
Connecticut Valley 7b, gold...
CleVcMt. V. A
Denver
Ist
Galveston. H. ft H ,78, gold,*?!
PaetnoRR.of Mo.,sto«ic
Pa«lllcK.of Mo. Iat6s. gold "88
do 2d78.cur'y, "Hj
do
ft
CITIU,
.
Kvansvllle ft Crawfordsv.
Erie A Pittsburgh Ist 7s
Siulthtown ft Pt. Jeff. 1st M
St. Louis. JacK. & Chic. Ist M.
South Side, L.l. 1st Mort. bds
Sinking Fund..
do
Morris ft Essex, convertible...
do
do construction.
Winona ft St. Peters Ist m
do
do
BndorBed...
187» .........
1888 .......k.
1880
117
7 l-los
AtlanU, O*., 78
do
Ha
AngUBta, Ga.,7i, bonds.,
'r
ft Minn., 8b..
Hannibal R.B's.
MJ4 Chicago
88
ao
Mlnn.78,gld
Wand RR Ist
ft
lOi
97"
95
ItlOX 102
IX Cm., Lafayette ft Chic. 1st M.
Del. A Hudson Canal 1st M.... 104X
1883
lo87
78.1876
ft
m. gold
Soatbern Seeorltle*.
S«
Grand Trink
Peoria
si
C. C. C. ft Ind'a iBt M. 7a. B. F.
Lacrosse* Mil. SB, IstM
Railroad Bond*.
T. Central 68,
do
68
apids
Portland
«7
•8
.
Con«ol. 78
K. Haven 68
iCrle. Ist mort.
West. Union Tel.,
Lonif
Land Improvement Co.
.
t
m
m'
98
Rome & Watertown let M.
Dock & Im.Co. 7.'X6.
.
Pennsylvania Coal
Spring MomitaUi Coal........
Wllkesbarre Coal
Canton Co
Delaware ft Uadson Canal,.
Attantic Mall Steamship
Mariposa Gold
pref.
do
...I..
Trnstees CertU,...
do
do
Land Mining Co...
do
do
pref.
ft
•s
97'
ft Iowa K. 8'b...
American Central 8b
m 99« CbL ft SouthwecteCD RK. 7's.
98X
Col. ft Hock. V. Ifct7«,8.i yra
way, 163'
do
do lBt7B.!0 yrB..
no
do
do Vd 7«,20yrB...
«<l
Am
ntlacellaneoas Stock*
'Cumberland Coal and Iron
ao
do
Mew York
M.S. Income 7b.
IBt 7s, gold..
Chic. .Dub.
9»X
Boston, H. ft
..
do
guaranteed
do
Cedar Falls ft Minn, let M..,.
St. L.,
American Coal
Boston Water I'ower
2d Mort
Warsaw, B,D..
do
W. D..
do Burl'n Dlv.
do
2d M.
ft
o
Chic. .guar.,
do
PlttB., Ft
do
Peoria
do
Ist
.
Dub. ft Sioux O., 1st M
do 2d (llv
do
Peninsula 1st Mort., conv, ... 95
St. L. ft Iron Mountain. 1st M.
Mil. ft St. Paul, Ist M. 88 P.D. loi"
do
do 7 3-10 do 94
do
do "8 gold R. D
do
do
do 1st Mort. LaC.D 91
do IstM. I.ftM.U. 34X
do
do iBtM. I.ftD..
do
do IstM. I. ft I...
do
da
do Ist M. H. ft D.
do IstM.C. ftM.
do
do 2d
do
do
do
139X
N.T., Prov.
ft
.
Marietta ft Cln., 1st Mort
Chic, ft Milwaukee iBt Mort...
101)4
Jollet ft Chicago, 1st Mort
Chlo. A Gt. Eastern, 1st Mort..
Col., Chic, ft Ind. C, Ist Mort. 89)4
9d|K
Lake Shore
North. Pac.
Spring.* III.8.E. PR. Imgl^B
St. Louis ft S. E. RR. con. in
South Side of L. 1. IBI m.ex..
Bur , C. R. ft Mo. mort. g'd. 1*
91
9d
Keokuk ft St. Paul, 8b..
1U3X na\, Carthage ft Be.-. Sb.
..
IIKX
DlxoD.Prorlaft linn., 8a
93
0.0. ft Fox R. Valley 8a.
"=H
Uulncyft Warsaw, 8b
M
Island
Marietta
Tol.. Wall, ft W. mort. gld. '*.
L. Uni. Shore RK. lat m. gld 7b
109
lOi
:ot
100
2dM,T8,gld
do
list.
UUVUTUM*
Ask
IM
Central Pac. 7b, gold.conv
Central of Iowa. iBt M,7'SKld
•.vi"
.
(Not previously qnoted.)
Albany A Suaqnehanna
Chicago &Alton
do
pref.
do
Canada Soothern
Prieei represent th» ptr
here.
a separate
tct
California ft (Jregun Os, void.
Calltornia Pac.i<R.7's, gld...
do
68. 2d M.. gid
.
d'
Mo. River 4th 8.,do Ba.
5th 8., do 88..
do
etb g.,da8s..
do
do Creston f^ran'-h
do CharlioB Branch
ft M. fin Neb.) Ist conv
ft
Borl.
lUI
Uarlem,Con.M.&8'kg P'd 6t 100
41bany ft Susqh'a, 1st bonds 100
2d
Sd
Bid.
do
do
do
do
Mort., 1975
4o
do new bonds
Jilch Cent., Ist M 8b, 188-^
do
do consol. bond!
Consol. Is. 1902....
do
do
12H Chic, Bur. ft
do deferred do
(J. » p. c. Ist M.
Oeorgta 6b
Mlch.8o.7perct.2rt Mort
do
7fl, new bonds
MJch.S. ft N l.B. F. 7 P.O....
do
7B,endor8ed
Cleve.ft Tol. Sinking Fund..
do
1«,Oold
Cleve.ft Tol.,new bonds
2SS
North Carolina «fl, old
CIeTe.,r'vUleft Ash., old bds
do
do to N.C. R.R.coup
do
do new bds.
do
do
do ex coup. ..
Detroit, Monroe 4 Tol bonds.
XI
do
do FuudlQK Act, 1866 :a
Bull'alu ft Kile, new bonds
•it
do
do
1868
do
lilv. bonds
17 H Lake Shore
do
do newbonds
Lak*' Shore con. roup, bunds.
15
do Special Tax
do
do
Con. reg. bonde,
37
South Carolina fis.
Paclllc R. 78, guartM by Mo
do
Jan. & July,
14V I5X
2U
av Central Paclllc gold Bonds.
April « Oct.
do
do
state Aid bds.
Pandfiii? Act, 1866 i;
do
Western Paclllc bonds
LandC,lS8ii,,J Jk J
lo
Union Paclllc l8t M'geBonds.
40
LaudC,18S9.A&0
do
Land urant, 78..
do
of 18J8.
7«
do
Income lOs
Mlsflour 68.
Illinois Central 7 p. ct., 1875...
A
Han. A St. tloBepta.
Bellev'le ft B.Ills. K. 1st M. 8*8
to
Asylum bonds
AltOQft T. H., IstM
Louisiana 68
do
do 2rtM.pref
do
do new oonds
do
do 2d M. Income..
do
do nev floating debt.
Ohio, ft N. Western 8. Fund...
do
78, Penitentiary
do
do
Int. Bondf
do
68, levee bonds
do
do Consol. bd»
do
do
8s
Kxtn Bdt
do
do
do
8b
do
1875..
do
do
1st M
do
8b
of 1910.
do
do coup gid bds
California 78
do
do reg d do
do
78, large bonds
Iowa Midland. 1st mort., 8s...
Connecticut 68
dan. ft St. Jo. Land (grants...
Rhode Island 6s
do
do convertible
Alabama 5s
,,...
Dill., Lack, ft Western, 1st M.
do
8s
ilo
do
2dM..
do
SsMont&Knf'laR..
7s, conv.
do
do
do
88 Mab. & Chat. K..
Tol. ft Wah'h, 1st Mort. ext'd.
do
es
oflS93..
IstM.StLdlv.
do
Arkansas 6s, fnnded
2d Mojt
(lo
do
7b, L. H. & Ft. S. 1B8.
do
Equip. Bds
7b, MemnhiB & L. R..
do
Cons. Convert.
do
li.&N.O.
do
7s, L.U.,!".
Hannibal ft Napli-s Ist M
do
7b, MIbb. O. & K. KIT.
vJreat Western, l»t M., 1S8H....
do
7sArk.CentK
do
2dM. 189S....
Texas, 10b, of 1876
aulncv ft Tol., Ist M., 1890....
Ohio 6b, 1875
111. ft So. lows. 1st Mort
do 6b, 1881
(:lalena ft Chif-.ttgo Extended
do 68, 1886
2d Molt...
do
Kentucky 6e
ijhic. R. Island ft Pacific
Illinois 68 coupon, *77
Morris ft KsBex, Ist Mcrt
do
do
187»
2d Mort
do
do
WarLoan...,
do
Hew Jersey Central, iBt M., n.
Indiana 5b
do
do
2d Mort.
K
MIohlgan 68,1878...
New Jersey Southern Ist m 76
98
do
68,1888
Pitts., Ft. W. ft Chic, 1st M
7b,1878...
do
2d Mort.
do
do
106 i,
Kew York Bounty, reg
do
do
Sd Mort
:osH
do
do cou
(liS p. c. eq'tbdi
do
115
6b, Canal, 187S
QO
Olove, ft ruts., Consol, 8. F'd
;m"
do
do
1874
68,
do
2d Mort
do
:07
do
do
18W
68,
.'Id Mort
do
do
107
do
6b, do
1877
ilii
do 4tb Mort
6b, do
1878.. .. lo;
do
Chic, ft Alton Sinking Fund..
119
do
6b, dogldl887
do 1st Mortgage...
do
•.04
1874
do
58, do
do Income
do
:oax
1873
do
5s, do
(.ihlo ft Mlas., ronso). sink. f...
lO'JX
do
Ss, do
1876
Consolidated
do
2d
do
do
Ilallroad Stock*.
Ohlc. Bur
Bar.
101
N. y. * K. Ist M., IST7....
Hud. R. 78, id M.S. K. 18r
do nev
do
BOtlBITiaf.
Bid. Alk.
bull.
do
YORK.
Securities " are quoted in
N. Y. Local
78, 9th mortgag 1888,
do 7s, cons. mort. gold bds..
Long Dock Bouda
State Bond*.
NEW
IN
on a prtmoun page atu» *o< repeated
Erie
C
S. Bonds.
(Quoted prevloufily.)
Virginia
•SOUSITIM.
Aik
689
PAST
Di;it
OOtTPOKB.
Tennesser' State Coupons..
Virginia ''oupons
Conaol. Coup..,.
ao
MonphisClty Cuopou^...
MialiYUleCl^CuuiH>iu
..
.
.
g
»
40
<0
THE CHUONIGUE.
690
NEW YORK LOCAL
Bank
arc
tli"» (')
notNatloaal.
NktSukJ
ISil
187 J
•.00
S,(WO(»i
J.&.I.
low
5(i(i,U(0
,).& J.
AiiU'iicaii ExcbBiiK*.
1110
5.0110,01X1
M.&N.
Atlantic
75
lUI
soo.iai)
,I.*.T.
ffi
l.llOii.lKt)
25
200.IW
Howery
Broadway
UaU'M Mead*
Uutchers & Drovers
Central
a
.
July,
Jan.,
Jan.,
Jan.,
J.*.I.
lUU, 3,n(io,(»xi
Citizens'
4i«l.«l(l
2S
lUI .,0(X1.0(«I
lOU io.oni.oO(i
'V.2
M.&N.
,J.&
,1.
J.&J.
Commouwealtfa
IIXI
Oontliieutal
1(10
2.0i»),(l(10
,J.ft J.
Corn RxchanBe*
lUI
100
l.ftOOOO
F.&
ll«'
1. ''(1(1.011(1
Cnrrencv
Dry tloods*
Ka«t Blver
Eleventh Ward*
lOO.OO'l
6K
Q-J.
•*
M.&N.
German American'..
100
U«l
25
2 000.000
F.& A.
20i:.0(»n
& Traders*.
.
V
ft
.
M.&N.
•'O^'.OOO
F.& A.
ooo.fOJ
500,000
1.50 '.O'
J.
12
&
J.
.J.&.I.
J.& J.
J.&.I.
Tan.,
Hkg
25
.r.&.J.
2 000.0(10
M.y
May
%>
500,000
(KW.OHO
M.&N.
M.&M.
1,0IV).0I»1
M.A-N.
May
5(1
0.01,11
.I.&.T.
J.& J.
,T.& J.
A. & O.
.). &.J.
M.&N.
A.&O.
5"
1011
3,0
1,235.000
Kill
SO
1,5(10.01 K)
Itatlonal Gallatin
New York
New York Conntv...
N T. Nat.Bxchan([e.
Gold Exchange
101
3.(ll«l,
00
,1
.
&
5(«l,iii<l
1(10
51KI,0(10
100
JOd
1.5110.1MI
200,1100
Nort-i America*
101
1,000,000
J.'A J!
T:i...3
."0
Oriental'
racillc*
25
80(1,11(10
J.Jt.I.
,V)
42i 711
2,000,000
Q-F.
J.& J.
>lan.,
4;2.5i10
Ian.,
(KM
.1.&,I.
.I.&.I.
2,1100,(100
F.&A.
181
iii"
lOi"
•73...
•73.3><
•73.. .4
Park
10
2»
JO
100
Peoples*
Pheu'x
Repuli!?c
Becurity*
8t.
IIKI
Nicholas
;(«
Beventb Ward
in
Second
8hoe and Leather
i«i
100
Sixth
;iio
1
.800
it ,1.
My
J.& J.
J.&J.
50O.(«l'l
31X1.000
l,niKI.(Xt"
(100
im
T.-Jrd
100
l,f(10.0(«)
.7.& J.
.).& J.
41
1.000,00'
,I.&.I.
60
100
l,5(K),i'00
Trrtilesmen's
Union
WOTtUlde*
2,01(1,0
1,0011,010
M.&N.
J,& J.
200,000
•73... (S
[Quotations by Charles Otis,
2.000,000
1,200,000
Harlem
1,000,000
3S6,000
4,000,000
2,800,000
750,000
5 0110.0(10
1,000.000
J ersey City
* Hoboken
.
.
Manhattan
Metropolitan
,
certiUcates..
clo
Mntual.N.
T
.Nassau. Brooklyn
do
300.' K'y
scrip...
500,1W
People's (Brooklyn)
do
do
bonds,
4,000,000
1,000,000
300,000
New York
Westchester Couutv
Williamsburg
8e<-in
do
Bleecker
A'f.it
40
A])I.,
& J.
A.& O.
F.&A.
J.& J.
J.& J.
•73
J.&
J.*
M.&N.
M.&N.
M.&S.
F. & A.
/'uUo/iii'ijrr;/— stock.
300,000
aoo.otl
-JIB.OOO
2;k.0IX)
J.&
Atlanlic Aveti ue, /.'rooiiyn— stock
100
IIS.OUI
lOO.Ulo
().
A.&O.
lIU.i'OO
J.
&J.
lOo
lOOO
1000
loo
'««!
100
lOOO
1.161.000
550.000
If. J:
S. Itiuer— stock
Voiui/ Island
it
Brooklun—stock
Istmortgage
/>ry Dock, E. B. ABatteri/— slock
Istmortgage
2dmort2agc
...
MjktK Atenue— stock
Ist
lOO
mortirage
IWO
OrtiKiiSt Ferri/—itack.. 100
i2tl/it. li
istmortgage
istmortgage
XitUk Avenue— stock
Istmortgage
Secoiia Arenue—stock
Istmortjage
mortgage
-.ia
3d mor„gasre
Cons. Convertible
«<!(* .4r«/ii(«— stock
I
2,((10.000
OOO.O'ii
5(».0CO
211.000
1,'200,000
4'«.00O
soi.ooo
1,000.000
^«,000
750,00
luilO
Grand SlT'eet ti Netotow7i— stock.
^ceHiM— stock
Pa7'k
2(io,0(Xl
20
50
1000
800,(XX)
IIXI
1B-,(«10
50
aoO.OOO
aiO.OOO
1000
110
This coluoku i.iMws
lOOOl
i.-ai.ooo
8K
30,69 i
50
25
2(XI,000
135,';27
1110
S(X).(»X)
2 0,(XIO
11.379
50,481
100
2r.0,(X10
Mech.iV-Trad'rs'
M''Clinnlr8'(Bkl>u)
Mevcaiitile
2:
200,000
50,1100
186,3211
4ii,59i
Merchants'
Melropolitnn
Miintauk (R'klvnl
6(1
'.
I.orlllarii
.Manul
&
Builders'.
..
500,000
•2110.000
10
16,593
10
10
July,
July,
Jan.,''73.5 K
9K
—b9,86i
W.RIS
io'
85,139
10
Jan.,
90,4.1*3
15
1..0.(100
300,000
1.50,000
200,000
200,000
35
210,1X10
KB
200.(i(X)
200.000
5(0 000
350,000
IOC
25
21
Jan
100
15
5K
20
Julv, '72.
July, '72.10
II
Jan.,
50
"'TS'.io
Ian., '73.10
•20
•7!
Jnly,
12
18
16
175
150
90
100
1'2
190
140
I'd
1:8
.Ian.. •73.10
Feb. •73..8
'.
'•73'
Jan.
Mch,,,•73,
Jan. •78.10
'.
76.413
•25
!5
'73. .5
.lau., '73.10
.Ian., '73.
16
10
10
16-i.l;19
'26
'..5
'73..'
Jan.,
102,13"
215,368
113,477
150.1X10
100
'73.
.Tan.,
131 ,693
20
1.50.IXX1
50 1,000,000
50
20O.(XXl
Nicholas
85
''73'
.530
'20
IOO
82H
'73. .6
.
Jan.,
21,692 20
4,8«4
4
12:;,MVi 10
175,540 •20
'9.;t'6 12
199.9T2 18
136,370 15
100
100
g'iy
8(1
'96'
'73. .5
Jan.,
-17,(W7 10
200,1 «X)
2(«1,000
.
80
.Ian., '73.111
21X1.000
•2«1.000
fO
,..
'72..
'71. .5
150,(XX)
280,0(X)
15i',000
37U
145
IOO
Tin
'72..
'200,010
;o
50
50
I'ark
•72. .5
'7 J.
140
9-.
•73.,
Mar., '73..
5(1
Paclflc
5
'7S..I0
Jnly,
Jan.,
io'
—13,377
—1,955
21»i,(»iO
50
,
300,0(10
•200,000
2(Hi,«Xl
13,7 ra
Jn.i. , •TS,
Feb. ,•73.10
Jan.,,•73. .6
Jan.,. •T3..5
July, •72 5
I'eb. 73.3M
—25, 21
July, 71.3y
200,000
'50,000
200,000
—."95
110
IOO
43,S!.3
—137
20(1,000
200 000
•25
150,000
25
2.50,000
IOO
Feb. ,•73.10
M9
250,000
•72
3X
100
Ian. ,'7!..
lis"
.
Jan. ,73. .5
"
Jan. ,•73
July 7!, .5
12
'2(XI.000
50
'85'
luly
'.1.5H8
lOT.'JKl
0117
im
i'^'73'.".6
Julv 'T2..5
Feb. ,'7)..5
-532
20
>iA
Jan
143.866
2(XI,000
2!
*
Over
187,019 14
,
'24,411
10
10
|Jan. ,'73 .5
10
Including re-Insurance, capital
into hands of receiver bIucc Boston tire.
all liabilities.
t
—Gone figures
Belore
and
profit scrip.
denotes Impairment of capital.
City Secnrltles.
Price.
iNTBRBST.
Rate.
yew
1
A.*
J.
Q
&
Croton
do
Croton
do
do
.
—
188','
18110
do
do
Improvement stock
J.
F.
M.&S.
J.* J.
J.& J.
M.&N.
A.&O.
2(«i.000
1,50,000
815,000
75O.(Xl0
12.5.00
last dlyld^iid oaslocts,
1841-63.
l«64-57.
waterstock. .1845-51.
..185'2-60.
do
Aqned'ct stock. 1865.
pipes and mains
reservoir bonds
Central Park bonds. .18.5.3-57.
..1853-65.
do
do
Eoal estate bonds;. .1860-6:1.
18.52.
Dock bonds
1S7().
do
1860.
Floating debt stock
1866-68.
Market stock
ftmd
1868.
Soldiers' aid
do
1863.
do
.
F.&A.
M.&N.
York:
Water stock
do
Nov.'Ti
do
do
1874-76
1863.
1869
....1869.
Consolidated bonds
Street imp. stock
Months Payable.
Bid.
Ask
var.
var.
var.
do
do
Feb.,May, Aog.& Nov.
do
do do
do
do
do
do
do
May & November.
Feb.,May,Aug.& Nov.
do
do
do
do
do
do
do
do
Mav & November.
Feb., "May, Aug. & Nov.
May & Novcnber.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
1870-80
1875-79
1890
188:^-90
1884-1911
1881-1900
1907-11
1871-98
1871-95
1873
1871-76
l«ll
1878
1894-97
18T2
106
98
98
98
98
1(16
100
106
97
187.3-75
l|iO
1876
1889
1879-90
1901
1888
lis
93
107
18711-82
109
100
May.'TS
Brooklyn :
18I9-6B.
City bonds
1881-45.
do
186'2-65.
Local Imp. bonds
do
....1806-70.
do
1878
July'70
M.&N.
7!17,(100
;... 1000
lOOu
10
200,1X10
•25
July
Jau.
Jan.
July
10
15
30,^«
—11,545
I'nited states
254,000
lOnO,
Ijt inort -age
250.1X10
lOO 2,iXIO,0(iO
•JUira ^ceiiHf-stock
iBt mortgage
1000 '2,000,000
WtlUiimnburg li: J-Littumli—stock. liH)
SlIO.iOO
litmorlg.g.!
I
170 000
mv
.'1X1,1X10
tWashington.
Williamsburg City.
i»-5
do
50
100
60
60
30
20
JO
SO
100
150,000
85
110
•73! !s
.
J«n., •73...
Aur..,•.2,14
20
—
—377,(X7
2,600.0(X)
Staniiard
Star
Sterling
liU
500
mortgage
3.o-,s
8,'.43
110
25
St.
13«1
.'(K)
2<i
91, •ail
2(XI.01X)
Unlgers'
SateL'uard
7lXl.0(Xl
500
Ist
150.000
250.(X10
,(XXI
6(1
Republic
Resolnte
»(X1.(XX)
Istmortgage
nWO
BrOMiwai/ illrnoUi/?ij— stock
lOO
BrnokD/n d: J/iiiiUr'fJt— slock...] '.00
Ist mortgage bon 's
KWO
Srd
CeKtral Pk,
6.81.10
15
lielief
1880
J.& J.
J &(>. Jan.. 73
J.&D.
1S84
Q-F. Mliy,'73
J. & J.
18r2
J.& J. DecTi
do
do
'iOO/XIO
Jan
io'
11
;
(i"4,000
mortga;:e
2(X(,(XX1
20
110
.5
Itfl
63.561
63 ,.391
210.71;
IOO
Aug., •72.
8«
Its
2r.,7!l3
50
—
10
10
44,010
'7.l!
•J3..
2.100.000
1,600,000
1st
50
50
25
Ian.,
.Mch.,
Ji.lv,'V2.3>i
July, '72.. 6
,lan., '66..
Jan., '7(
•73...4
(10
M
1,0 0,000
600,000
Jan., "•73.! Is
Jan., '73,.. 5|
Vsriou..
1,000
lOiii
1
—1.025
Kill
101:
...
76"
'73...
May,
1,000,1X10
<t
150,000
200.000
Ccbhard
PhenIx (B'klyn)
7S...5
Feb.,
1,000,000
mortgage
—24,156
stnvvesant
Tradesmen's
Seventn Ave— eioOi.l uio
iBt mo tgaee
llOOt*
;0
Brooklnn &Iy— stock
Isl
firoiulmai/
isn.oix)
Varlons.
7
...
31,001
People's
Jan., '72.7M
Keb., '»...5
Jan., '7i!...5
Various,
J.
J.
201, (XXI
Peter Cooper
105
•7S.
Ian,, 'is...
Apr., fi.!<A
Apr.,
17
10
10
Niagara
North Elver
'HM'A
Exchange Place.]
17
Q-F.
J.
Firemen's
National
N. Y. Kqnitable...
New York Fire ..
N. Y. & Voukers.
das and City R.K. Stocks and Bonds.
Brooklyn Gas Light Co..
Citizens* Gas Co iBkl.n
do
certlilcates
—13 67:.
Nassau (B'klyn)..
1,,•7.3,..
Jan., 73,
Jan., •73... 5
Nov., 72.
July, •71.
J«n., '73.
Jan., 73.
Nov., •72...
Jan., •!8...4l
M.&N.
100
Tenth
90
'73.3)<:
Jan.,
10
12
.1.* J.
J.& J.
BfateolNew Vork...
'73,
Jan.,
Feb,,
July,
9
Feb.,
6>4 Jan.,
,1.* J.
F.& A.
501)00(1
1,00.000
2no
.
A'pi!,r |73!i6
2(10.li('0
Manhatta"
'73.. .e
.)
Jan.,''W.3X
l.onglRlandCBkly.)
•78...
•73... 5
North River*
63,1!)9
3'27'.!i-8
!6
.
•.iOO,(XKl
Lenox
•73.3K
Jan.,
Jan.,
Jau.,
ii:'.6is
July, '72 5
Julv, '72^5
July, '72.. 5
51
l.amaf..
'i3...4
4(10,(V<1
.Ian
Fiirrayiit
Klremi-n'sFund..
Firemen's Trust.
ISO
'71)'.
5 ,163
30.906
5 1,-251
Knickerbocker...
Liilayctte (B'klyn)
'73... 5
'71..
Feb.,
—S0,7;2
—
200,000
Kings Co. (B'klyn)
"72.. .3
J.&
Jan.,''i3.3)«
sixi.ooo
200,1X10
.Icfferson
'7I.3H
.T.*,l.
J.
10(1
Ninth
Ninth Warn'
J:in,, '73.10
200 088
40
KXl
SO
Importers'&Trad..
1S5H
.tan..
Jail .
,T,
.T.&.T.
2lKl,0MI
l:«l
2)
tinternationai
Ir\ing
'73...
2. .4
1,
Nov..
Apl.lO
Jan.,
Jun.,
•200,000
1,000,(XXI
SKl.OOO
210,000
100
Howard
Jan.,
July
50
....
Exchange.
Hope
116>4
Jan.,
1,00(1.0(10
50
200.000
•
25O.0(X)
Home
l.'Tl.
1,'73.
.Tan.,
23,0(1(1
100
5
lOO
Mutual'
Nassau"
;oo
'V
100
Holfmau
l,'7.l.
Apr.
1I.5,8!I8
Hanover
',000
4,000 OHO
210.UI0
Kftmiltoii
•73.
Jan.
£z
Metropolift'
MotrDpolitan
MurrrtV Hill'
7(1
'73. .6
Dec, •H.IO
— 41.6S19
city
Clinton
145
103
Feb 73.10
l«4.i71
i5:i.(XX)
Greenwich....
(iuardian
.Ian.,
5(1
Askd
7J..5
Jan.,
14,4'28
265,.<21
—39,65!>
S(«1,000
Globe
,
100
Aseo'tlon.
& Traders.
Morcautlle
Mercliants
Merchants'
1
0,000
2IX).I«
200.000
(icrniania.
,lau.,
F.&A.
400.000
iko.ooc
10,1
..4
'73.
(iOO.O(«>
21150,000
Bid,
Jiiu.,
•I'liy,
17
(;ermaii-.AmeriCan
•73.,
Jan..
100
50
1(11
ioo'
Jan. 1,7<.
Jan., '73.
Jan., "73.
,1.* J.
,1,* 1.
Marine
Market
Mechanics
Mechanics
Jan.,
Jan.,
J.&.J.
100,000
5(I0,1W0
ICO
'73.
•73,
500.1(10
1(»J
'7;).
,
!au.,
511
Mecli.
.Mcb.
31
Kmplrc City
Exciange
'73.. 4
.
VOO.Ort)
IOO
25
Kagle
'73,
Jau
27,849
250.000
20
t(.'"orn
,
Jan.,
200.(XXI
Conlinental
7.3.3**
May
8
4
way
I
Commercial
73.3K
73...
'7i...4
Nov. , '7i...6
Feb., '73...
1,';3..10
N-)V., '72.. 10
20
10
.T.&,I.
.!.& J.
SOO.IVKI
1
100
Manul & Merchants'
K T.
M
100
25
Citizens'
commerce Fire
7.3...
Jan.,
Jan.,
7
&,I.
,1
•Tail.,
II
8«..?2,i
Brooklyn
(^oluml)ia
Jan.,
'eoi.ixKi
Importers'
73.. .5
.Ian.,
a
10
s
7
ai
Mauuli-trers'A Build.'
Leather Manufsctr^..
Mauliattan'
"J.i.SH
II
50010
Irvmg
B0>,
122
•73...
luu.,
,1.
ilKO.llOO
4(1
DO
— 16,5.57
4(10.(XI0
Bowery
Liroa
Hi
2(10,(X10
50
Arctic
Atlantic
lax) ixxi
;<l
2.-.
American
American Exch'e..
Brewers' &M'l8t'rs
'71. ..3
Ian.,
(;-J,
100
100
100
100
155
•73.. 10
'73. .-4
Feb.,
Jan.,
J.&.I,
1(10
Grocers
96X
n3...4
7
,!.&
Fourth
Fulton
Gcrmanfa*
Gree iwleli*
143
78.. 1(1
78.. .5
!50(W
100
KItth
First
•73.
"71.. .6
i(0,HIO
Loat Paid,
July, 72. .6
July, '72.
Jan.,
3,150
2i
100
.^tna
•7S...5
.
350.0(1
25
IB
Adriatic
.15
10
16
A.
Q-,I.
1369 187U 1871 1812
iosk
•ra..i2
rnii.«
mos
J.&.l.
150,0111
an
i
'(IS.
Jan.,
Jan.,
Jan.,
Jan..
July.
J.*.l.
450.W10
SOO.iOT
llV
City
!,T8...4
Jan., 7.'...4
.
1,
1873,'
'(57...
May
& J.
Q-J.
&J
,1
.
DiVIDBNUS.
PLCS,
Par Amount,
155
";i...5
,
J in.
lU
.1.
R(»1,0(0
Ohomtcal
Commerce
iliin.
ZiO.UKl
Chatham
Hanover
Harlem'
Last Paid.
I
Jan.
America'
American
24, 1873.
Insurance Stock I,lat.
(Quotations by E. S. Bailkt, broker, 65 Wall street,)
Slock Lt«t.
Par Amoant. Periods.
May
SECURITIES.
Capital.
Marked
I
& J.
J.& J. May, 78
J.&D.
1877
F.&A. 1876
A.&O.
1SS5
M.&N.
1SS8
M.&y. Nov. '72.
J.& J.
1890
Q-F. May.'l
J.& J.
ifiso
M & S.
N.Y. Bridge
J.
bonds... .1870.
1860-71.
Parkbou'is
1*57-71.
Water bonds
8 years.
Sewerage bonds
do
Assessment bonds.
. .
I
Jerxei/
i
but oaui of nwionty ot ootuk.
100
165
100
aw
18,53-67,
Water loan
1869-71
do
1866-69,
Rewerape bonds
l.'.eg-eg
Bergen bonds
bonds... 1870-71
ABsessment
January
do
do
do
do
do
do
(10
cU>
& July,
do
do
do
do
do
do
do
do
January & July.
do
do
do
do
do
do
Jan., May, July & Not,
187,'-91
1885-91
1881-95
1872-95
96
1I13H
90
104
98
62V
103M
lOSX
104
104
1915-24
1881-1908
103
1'3«
various
various
;uo
100
1911
1877-95
IS99-1902
1871^79
lg74-lS00
1S75-M
94S
95
92
100
99
1(0
100
May
THE
24, 137S.]
tfTmO]>aCLE.
a very Important step in liroiting the
Snue0tmcnt0
STATE, CITY
691
to |aO,000,000,
Inae of iu 7-80 gold l>oodii
and deciding that subaequeoily only per cent gold
bonds Bhould be issued.
The following preamble and resolutlonB etiow the fact*
apon
which the company base their action
AND CORPORATION FINANCES.
:
tV EXPLANATION
I
.
ers
OF STOCK AND BOND TAni-KH.
FrlccN of the nio«t Active Stocks «ml Uondx aru (tlveii In llio " HankGazette," DrevioiiHly.
Full quiitatluus of all other ueciiritlea wUl bo
found on procedinx paKeH.
3.
Ooverument
Mecnrltlea, with
l*Hue, the pirlodx of Interest payment, »i/.e
numeroun other detailn, are f;iven in thi! U. 8.
Ciikonicle on the llrnt of each month
Ga»
Vtty Rondx,
« hi'reas 1 hero i. a Urife and trrowlnir way and ihroiiL'h trafflc ilrwdr
""-"J
assured lo the company over the roa<l thus far coinpl.ied
and
\Mierea» Ihecomimny has eirned the iltle lo about ten
mllll-n arre. of
land and phued a larifn part of II In the market, and the
unie I. belnj- middlr
settled hy lmniij.r..lTcm, foreign and domestic,
and .ale. thereof hive he.-ii
m.ide at nti av.r.i«B price of marly .l.\ dollars |..r acre
leh nn eii.-ul that
a BlnklUL^ fund has resulted out ol which
redempilun and caDceUalluu oi ilie
uviuaiiou of luo
comiiaoy's bonds has been licitin; and
" '.' •"•"',"•'! "•»' "" "'«•"' reaulta Ihe credit of the company la lo
...yi}!u"u'i as
(stahllshe.1
to render Inexpedient the payraonl of t,, Ul"h a rate of
totereat
*"
'
as
;
information In roaarrt to each
or denoniinatiiin of ImiuU, anil
full
The
3.
Northern Parlflc C'ompiny ha. Imllt and hat In
opmUoii
,..??'nTT'
over nvo hundred iiilles of line through favomblo and
valuable c-antryTaSl
"i;''"
Debt Htuteinent putilifhed
and Rank, Innnrance,
!>ltock«, with qiiotntiona, will uxuallv he
4'lty
llallroad
piil>li»hecl
iu
and
the flrnt three
weeks of each month, on the page immediateiy precedlnu this.
4. The Comiilflto Tables of state Keciirllleii, City Socnrltle*, and Kallroad and iniHVOIIaneouii Sloeka and lloudu
will be regularly puhlislied on the hint Sntiiriiiiy in enrh month.
The puhlication of thcxe Inhlex. oceiipyin!; fourteen pa;,'eB. requlren the i»»ui^ of n
Bupnlemont, Ahlch ia neatly Klltchcd In with the usual edition and furoiabed
to all rot:ular subscribers of Tuu Chkoniclb.
seveiLihirlpr
on further iB-ue of bonds:
''""',"'•',"?"" "' ll"> company
.hiV.ri.".'"''
inirly Interest, of which lwcniy-..nu
nndor preaent Issue hearing aerenmillions have already been .<dd, bo limitexceedlnu ihlrly millions, and no issue of bonda
""'"^ mllilona Bliall hear a hlwher rale of Intorett than
"'":•""',";','
V,.r"J,l?\
six per cen^"'
ns"n7m,\'lo.
"^
'•''"'"'><='!
?'.'!.'"t"'r
Commlltpo ho directed
'""
a".„b"l'e"t'^r/e'fes^,^l",ltr<j;.s".""
NEW HAILKOAD
I.OA!NS.
After a long: period of dullness iu now riiilroad bonds, caused
by the extraonlinary stringency in money, there ia now houih
movement iu tliese popular securities
notice.
The liigU rates (or money have
wbicli
is
wortliy
o'
naturally induced the
financial agents of railroads to bring forward their loans at
more
'-«"•""">'«.
"
In arranfo with th«
•udl«l«I^U. tb. p«
This Ptep shows much confidence on the part of the company
they can prosecute their enterprise and obtain money at
a
lower rate of Interest, The leading features in regard lo
the
Northern Pacific Railroad are as follows
that
:
The company has an enormous land
grant, amounting to
nearly 50,(KM),0{)0 of acres adjacent to its road, in which is included
a very large quantity of fine agricultural and timber land*, and
1.
favorable prices for purchasers, and In rejrard to fir.it class bonds
introduced by bankers of hijjh stundlnjr, it will generally be
observed that thc<y are oflVrod at lower prices than the same sort
an important part of the company's scliemo consists In the sale
and populating of these lauds, through organized efTort in
to
of bonds were sold lust year at this time. There is eveiy reason
have continued confidence in the value of railroad property in
the United States, both from the actual earninjta of completed
introducing and helping settlers, particularly immigrants from
foreign countries.
Che amount ol lands already patented to the
company ij ten mlllious of acres, and the average of sales thus
roads and from the well known growth of the interior buniness
of the country, which calls so loudly for increased transportation
facilities that the subject has lately become quite notorious.
It
far made has been $.5 «C per acre.
We understand that the company has prepared a handsome map on an extended scale, showing the location and character of all its lands, and giving detailed
is true that there have been some defaults in interest, but where
roads have been sold under foreclosure the first mortgaj;e bends
have generally been covered, and only the second or third class of
iDlbrmatlon in regard to them.
creditors
tions with
of eases
Sound.
have suffered loss. It is also very clear that in a majority
where railroads have been sold out, the difficulties have
resulted from exlravajjance, fraud, or lack of ability iu their
construction or management, and not from an actual want of
sufficient business to support them, if placed under a strong and
•
The company has already completed 500 miles of road, and
when the whole line is finished expects to have through connec3.
3.
San Francisco
The
loan
is
nddition to
in
offered by Messrs.
it.s terminus on Pnget
Jay Cooke & Co.. who. in
consideration of their connection with tha United States tiovernment loans and the recent Syndicates, and their branch houses In
Washington. Philadelphia and Londou, ran certainly lay claim to
being as prominent as any banking firnfiu the country.
economical administration.
From the foregoing remarks it is a natural conclusion that in
purchasing bonds It is advisable to select carefully from the
various loans offered by houses of good standing to weigh deliberately the security ofl'ered by each enterprise, as evidenced in the
Our limited
we shall refer
space forbids the notice of other loans today, but
to them hereafter.
A table showing tho principal
points of the various loans now oflered will be found on the next
page.
;
location of its road, its prospects for business,
of
its
managers; and we might add, not
to
and the character
be too eager to get
Milwaukee &
St. Paul.—The following is a copy of the
issued by the Milwaukee & St. Paul Railway
Company to its stockholders in regard lo tho issue of f2,300,0U0
equipment and bridge Irands
the very hitrhest obtainable rates of interest.
In noticing briefly some of the present features in regard to
loans on oar market, it must be remembered by our readers that
circular recently
:
OFrrcB OF MiLWArKEB AMD 8t. Pait, R«ilwat Co., I
facts, but rely upon the stateNo. ib William St. New York. May 15, 187a.
(
ments by the several agents, either directly to us, or in their
Sir: The opening of the new road between Milwaukee and Chicago, and
extension of olhei lines of the compali.v. having develooed a large additional
published circulars or pamphlets.
traffic, have miule it necessary for the comimny to procure an Increased
The Chesapeake and Ohio has been among the most prominen* umonnt of equipment, and to lay steel rails on tho main lines also to procure
addition I depot .!:rounds and Improve the same. To provide the neressarr
Railroads offering bonds in ourmarket for some time past, and its funds therefor, and also 'or the building of a bridge scmss
the Mis'-lssippI
claims to uublic attention are based chiefly upon the following Hiver. at La Crosse, the Board of Directors have resolved to issue i2,")0O.'0llO
of bonds, to be styled "Equipment and Bridge Bonds '" ivhich are lo Ire a llrst
points: 1. That it is now a completed through route from the lien on the bridge and a s.cond lien on the railwavs of the c<imi)any. excepting Ihe La Crosse and Prairie du Chlen Divisions, on which the new bouda
navigable waters of the Ohio river to the James river below will boa third Hen. Said
bonds arc to be $1,000 each, drawing ten p«r cent
Richmond, and that its conne(;fions under process of construction intsrest, pa,vable semi annually on Ihe 1st of .luneand Isi cf l)eceinl)er; prin
ipal due June 'St, 188:), Ihe company having the op'lon on nineiv days' nolico
.
.,
.,
,,
.
at both ends will soon furnish an all rail route from the leading t" i>ny the bond at any time after June Isr, ii<8:t. j:|,.'>no.(ioii of said
to the comni'in
Western cities to Chesapeake Bay. 2. That the cost of construc- bonds are now ofl'ered ti» tlui amount and iireferri^d Bh:irehoidir8, at par and
interest in proportion
of shares held by each, say one bond for
tion las been over $o5,000.000, and the first mortgage bonds and wyery hundred sliarcs of stock rinasmnch as some persons, especially irnaleea
will probably decline to subscribe). Payments may be made in one sum. or in
old liens outstanding amount to only about $15,000,0(10. :i. That monthly Insliilnieiits of -io per cent each. In all cases, interest will be
rei'kont'd at ten per cent per annum, being the same as the bonds.
it is under the direction of men of established
character and
The Directors reserve the rliiht to close thia offer at any time. Booda will be
financial ability, including Mr. Huntington, Vice-President of the re 'dy for delivery June Ist, 1S73.
Kespectfuily yours, by order of the Board.
Central Pacific Railroad, as its President, and Mr. A. A. Low. Mr
RUSSELL SAGE. Vice-President
we
do not originate any of the
;
.,.,,.,,
'
W.
Aspiawall, and other leading merchants as directors
its bonds are negotiated by Fisk &, Hatch, who liavo
enjoyed a favorable reputation as the financial agents of the
4.
II.
Tlie St. Croix f ^nd Grant KefiisiHl.— Gov. W'ashburn, of
Wisconsin, has been ollicially informed bv the President of the
Milwaukee & St. Paul Railway, Alex. Mitcliell, that the Company
had decided to decline the St, Croix and Superior land grant
under the terms of the recent act of the State Legislature. The
principal reason assigned for this action by tlie road is that the
lime had elapsed within which, under acts of Congress, the road
should Lave been completed and the grant accepted and appro-
That
Central Pacific and Western Pacific Railroails.
The first mortgage 6 per cent gold bonda are
SSi, and the new 7 per cent gold bonds, secured by
now
offered at
mortgage
on the eastern extension from Richmond to Chesapeake Bay, and
on the bridge to be built over the Ohio river at Huntington the priated.
The U. S. Circuit Court has'decided that the title to these lands
Western terminus, and by second mortgage on the balance of the is now in the State, and the question lias gone to the U. S. Supreme
whole line, are offered at 90,
Court on appeal. Mr. Mitchell says in closing tliat " if hereafter,
The Northern Pacific Railroad, which, in the anionnt of its either by an act of Congress or the determination of tlie Supreme
Court, the title of the State to these lands sliould be confirmed,
loan and the extent of its land grant, is the most remarkable railwe would be willing to accept the grant, a reasonable time beinir
road enterprise ever started in this country, has recently taken allowed to cooiplete th^ road."
.
first
,
'
.
THE CHRONICLK
692
The
following includes a
offering, or
which have
new
of the
list
until very recently
loans at present
heen offering in
this
market.
In regard to prices it should he rememhered that bonds are
always sold with the addition of accrued interest to the nominal
24, 1873.
Cincinnati, Hamilton & Dayton.— The following detailed
statement of the bosBnesa operations of the road for the year
ending March 31, lb73, was submitted at the recent annual
meeting
The
report of the Secretary eho^f
Gross earnings
Transportation eipenaes
;
;,
.
$1,204,86.5
M
709,493 8S
....... i!i.!!
'"I.
price asked.
Leaving for interest on bonds, taxes, cUvidenas,
The operating
d
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Period ofS
Payment.'^
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i-i'!
Where ^
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c«
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:
expenses, as
shown
4'c.
in detail,
!
.
. .
$495,312 75
have been 58.89 per
cent of gross earnintrs.
The number of miles run by trains earring revenue was 594,574.
The income per mile of road was $20,081 09, and the expenses
$11,824 88.
During the pa.st year two dividends of 4 per cent each have
been paid to the stockholders. The net earnings show a fraction
over 8i per cent on the capital stock.
The large number of trains now running daily between Cincinnati and Hamilton requires, for the more economical and safe
working cf this section of the road, the extension of the double
track from Carthage to the latter named point, which should be
built this season, and that the entire track between Cincinnati
and Hamilton should be laid with steel. It is necessary that the
proper provision should be made for this expenditure.
The managers of the Atlantic & Great Western and Erie Companies having given assurance that the tracks ot their roads
wuuld, during the present summer, be changed from the six-foot
to the compromise four- foot nine inch gauge, we have refrained
from ordering any steel rails for the Cincinnati, Hamilton &
Dayton road this seasen. When this contemplated change is
made, we shall have on hand some 8,000 tons of iron, now used
for the accommodation of the broad gauge business, which, with
a small additional cost, would enable us to relay our main track
between Cincinnati and Dayton with the best quality of steel rails.
In the judgment of your Board of Directors, considering the
heavy traffic passing over our road, it seems to be a useless
expenditure of money to continue the laying of iron rails, and no
time should be lost in relaying the entire track of this company
with steel, between Cincinnati and Dayton, and the means to
accomplish this object should be provided without unneceasary
delay.
Youi company now owns and controls 345 miles of railroad,
distributed as follows Cincinnati, Hamilton & Dayton, 60 miles
Dayton & Michigan, 143 miles Cincinnati, Richmond
Chicago,
45 miles Cincinnati, Hamilton & Indianapolis, 98 miles.
The equipments of the several roads are as follows Locomotives, 80
passenger coaches, 55 mail cars, 4 baggage cars, 23
caboose cars, 30 box cars, 815 stock cars, 1.91 platform cars, 563 ;
.•a
J3
Date of
[May
:
Am'nt ofg
-SSSoSSSi
t>pr tnilp !S
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;
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Of these, $1,790,000 have heen issued and applied in
exchange for the outstanding bonds and overdue coupons of the
former company. The remainder are applicable to the repair
and equipment of the road. The actual cost to this company of
98 miles of road, with rolling stock, real estate,&c., was $1,890,000.
The conditions of the sale having been approved by the courts,
bonds.
the T)08session of the Junction Railroad was surrendered by the
receiver on the Ist day of December, 1872, and passed into the
control of the new corporation, organized on the 23d day of December, 1873, under the name of the Cincinnati, Hamilton & Indianapolis Rai'road Company. The entire amount of tbe nominal
capital stock in the corporation is the property of and remains
anissued in the control of this company; and will represent the
ul.imate value of the road beyond its mortgage debt, less whatever advances may be required for the repair, equipment and
improvement cf the road. The remaining mortgage bonds,
$?iO,000, will be disposed of as soon as satisfactory prices can be
obtained for them, and the proceeds used for the purpose of putting the road iii good condiiion.
.fl
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Sa.ot'S'o I-
.71
fc
J O Of"*
—
Oliio Railroad Law. The Boesel railroad law of Ohio, empowering communities to levy taxes for the construction of railroads has been pronounced unconstitutional by a unanimous
decision of the Supreme Court of that State.
The present
constitution of Qhio expressly prohibits the Legislature from
ever passing any act to "authorize any county, city, town or
township, by vote of its citizens or otherwise, to become a stockholder in any joint stock company, corporation or association
n
e
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;
;
terms of the contract with the holders of the old bonds, this company guaranteed the payment of principal and interest of the new
'a
S
;
hand cars, 66.
The Junction Railroad, a line extending from Hamilton to
Indianapolis, having, by a decree of tlie courts of Indiana and
Ohio, been offered for sale on the 26th day of November, 1873,
was purchased for this company for the nomintl sxim of $1,000,000.
The actual consideration was expressed in contracts made to
facilitate the purchase with the holders of the mortgage bonds of
the Junction Railroad Company. One hundred thousand dollars
was required to be paid in cash, and has been paid. The remainder
of the purchase money was paid in a new issue of bonds, secured
by a mortgage on the road, a new corporation having been organized
under the laws of Indiana and Ohio, to which the title was transferred.
The whole issue of these bonds is $3,500,000. By the
58
.a
;
C a
I
whatever, or to raise money for, or to loan its credit to or in aid
of any such company, corporatioii or association." This constitutional provision has been in operation some thirty years. But
tlie Boesel law authorized counties, &c., to construct, on their
own account, short pieces of railroad on lines projected by companies, and then sell or lease them to other parties or to the
company. It was even permitted that the sale or transfer might
take place before their completion, and counties or townships
were authorized to levy taxes to the amount of 5 per cent of their
assessed valuation, respectively, to def raV the expenses thus
'incurred,
,
j-auuu
aiilj
ti t'jiiaia
i.'/'j
j^'vivr.ivi
May
rnV. CJHflONICLEJ
24, 1878.1
The Supreme Court decided that what the L«trisliiture was
prohibited from doin(( directly it could not do indirectly. Tlio
Boesel act was a maiiiteHt Hvasion of an oxpresB re<iiiiri'iiient of
the ConHtitution.
(!>uullu<t or towoNiii|>A cuulil no lume Inx
themgelvea to coDHtract bits of railroads for nale or Ii'ukk tlian
they could bond for the performance of the same worli by a
corporation. Tliis dt'cision aunulrt probably about $10,000,000 of
local railroad bondd is»ued under authority of the UoeHel law.
—
Another Railroad Bond Fi^lit. Under the abote heading
the ("hica>fo Tribune of Miiy 11 had the following
" The contest butwuun iho people and the railroad corporations
is about to be intensiiied.
Under the notorious and infamou^i act
of the Legislature of 1809, the valuation of property for State
taxes in 1888 was inaiio a standard in all counties which had or
might vote county bonds in aid ol railroads and it was provided
that, in case the valuation f)r taxabln purposes was in«ruatied
beyond that of 1808, the proceeds of the tax upon this increase
should be applied to the payment of these bonds. The increase
of valuation over that of 1808 has not been very great the tax
resulting therefrom in 1871 amounting to only $0.5,000. The
whole amount of those bonds outstanding was $13,.'598,9.')8, bearing an average interest of over 3 j)er cent. But the State Auditor
has given instructions Hint tlioapsessment for 1873 sh'ill be accordlnsj to the full value; and, coiiseijaently, taking tlie valuation
of 1808 as a one-fifth valuation of the property in those counties
at this linifl, the tax rollo ;ted for 1873 in those counties will be
divided 30 per cent, for tlie Slate Treasury, and 80 per cent, for
the bondholders.
" The Constitutional Convention in 1870 put a stop to all such
donations and among the counties which hastened to mortgage
themselves to iiid a railroad w.is the small county of Kendall.
This county lias but nine townships; the majority of its population is in the towns of Fox, Kendall, and Oswego.
Fox voted
$14,000, Kendall $33,000, and Oswego |50,000. By the United
vote of these towns tlie coui.ty was committed to an additional
issue of $45,000, making au aggregate of $131,000. The bonds
all bear 10 per cent, interest, run twenty years, and were issued
to the Ottawa, Oswego & Fox River Valley Kailroad Company.
The road is fifty-seven miles long, and extends from Streator to
Fox River Junction. The company in addition to the $131,000
of bonds received Jrom Kendall county, received from towns in
Kane, LaSalle, and Marshall counties-, bonds to the amount of
$323,000, or a total amount of local aid of $454,000. In addition
to this, it issued its own lionds to the amount of $1,860,000, bearing 8 per cent, interest, these bonds being secured by first
mortgage on the road. This issue was in excess of $22,000 per
mile. The company, therefore, had the proceeds of $1,200,000 of
Its own bonds and $454,000 of county and town bonds.
Its
capital stock (unpaid) is probably not less than $2,000,000. The
directors then leased the road in perpetuity to the Chicago, Burlington & Quincy Railroad.
" The people of Kendall county have taken this matter into consideration, and claim that the laasing of the road in perpetuity to
the Chicago, Burlington & Quincy Railroad Company has vitiated
the contract, or in some other way released them from paying the
bonds or paying any more interest. Carrying this conclusion into
effect, they have omitted to pay the interest, and now the bondholders liave instituted suit upon the coupons to compel tliem to
do so. We suppose that in tlie present state of public feeling the
payment of interest will be stopped until this matter shall have
been judicially settled, and perhaps longer. In the meantime,
the other towns in the other counties, having an equal interest in
the matter, will avail themselves of any defense that Kendall
;
—
—
;
County may establish. This resistance to any lurtlier payment
on these railroad aid bonds is not confined to Kendall
County, but is showing itself in various parts of the State."
of interest
Grand Trunk (Canada). — The
necessary aid having been
obtained from the Dominion Parliament at the late session, the
the preliminary arrangements for
officers have proceeded to make
carrying out the objects contemplated in what is known as the
" McEwen" scheme.
The money to fulfil the plan has been raised,
and is now at the credit of the company. It amounts to $10,000,000
In gold, and is to b-i expended on the following objects
1. Narrowing the gauge of the entire line to four feet eight and
one-half inches, to make it accord with the standard American
:
693
A.
f, portion of the San Diego division.
survey was made of the country between San Diego and the
Colorado lliver, and the route entering Ban Diego from the direction of San Oorgonla Klver watt adopted.
Work has been commenced at San Diego. A contract has been concluded with »
construction company, and they saw no reason why the entire
road should not bo finished in five year*. The (ummits to be
crossed on this lino are about thirtytwo per cent, less than thoea
on the present Pacific roads. No train will bo delayed from snow
or other obstruction. The entire rail transportation will be lew
than eighteen hundred miles. The lines approaching the road
from St. IjOuIs, Cairo and Memphis, via Little Rock and Fnlton,
are fast approaching completion, and will form connection during
the fall, Arrangements are being perfected lor the completion of
the road from Monroe to Shreveport, and negotiations are alio
ponding that will probably result favorably to the construction 6f
the line from Shreveport to New Orleans, via Baton Ronge.
definitely located, except
Pennsylvania Railroad Stock.— Tlie N. T. Tinut of Wednesday says: "Our Philadelphia quotations to-day report Pennsylvania Railroad stock at 108^108^ per cent. Tliis price to soon
after the allotment of $18,000,000 new stock reflects the confl
dence which our Pennsylvania neighliors continue to manifest in
their great property. Of the $18,000,000 new allotment, only
one-half, or $9,000,000, was called in by the 34tli of May instant,
with the privilege of full payments if desired by the old stockholders, to whom the allotment wns assigned.
We understand,
througli private sources, that the amount paid in is already
$12,000,000, leaving only one-third, in place of one-half, to be
paid in next Fall. The stock of the company is quoted in London
at figures in sterling money, equal to the highest price in Philadelphia. There is a very large foreign in'erest held in the bonds
and stock of the concern."
New Haven, Middletown & Williniantlc—The
semi-annual
interest on the $3,000,000 of first-mortgage bonds, which was due
May 1. has not yet been paid. It is said that tlie parties who are
completing the ro'xd will probably pay this soon, itcertain floating
debt creditors will renew their loans to the company.
The whole length of the road from New Haven to Willimantic
The capital stock is $3,000,000, much of which
is about ,52 miles.
Tliere is some pretty heavy
is held by the towns along the line.
and expensive work on the iine, and tht. bridge across the Connecticut at Middletown, which is 1/iCO feet long, cost nearly
$300,000.
It is said that $2.50,000 to $300,000 is required t.) complete the
ballasting of the road, build station houses, &C.. and provide the
necessary equipment that the road may run 'thro ugh trains tlUa
summer.
Dea Moiaes Valley R. B.-^Tke foreciosare suit against the
D. M. V. RR. Co. has been decided in favorof the bondholders, and
a decree of foreclosure and sale directed to be entered upon the
30th irist. It is expected that a committee of the bondholders, appointed in pursuanro of an agreement published in The
CttHONiCLK Oct. 5, 1873, will purchase the railroad, and organize
a new company. The suit is upon tlie first and Land Grant
mortgages, of which Clark & Barling and Coudrey & Oilman are
trustees.
& St. Lonis Bridge.— At the late annual meeting of
company in St. Louis, a report was made by the President.
The work on the bridge has been much delayed by the difficulty
Illinois
this
of obtaining material for the couplings. It has finally been
decided to use wro^ight iron instead of steel for the couplings for
the upper members of the arch.
The contract for the east approach has been awarded to the
Baltimoro Bridge Company, and is to be an iron trq^tle work.
Work on
the west approach has been resumed, and is being vigorously prosecuted.
The receipts of the company from its organieation have been
follows
Payments on stock snhBcrlptions
fa,a05,SSO 00
,
,,,-f.'
m
I
Safe of
first
1
mortfiago bondB... .....•;.;.',. ;.,-..'.'.....!.
...ill-.
I
C.I
;
It,
'
S,671,134 J9
1
Total
$«,876,8J4 S9
Expenses for masonry. snT'erstmctape. CDgineerlnfr, boatc, <te... 6,i1(),!IM (3
Approaches and real estate
6&5,a04 84
Interest
186.831 87
Charier account
..i.U;<...wu.a.i. ......
1W,S85 06
gauge on
2.
To
this continent.
lay steel rails over the
whole extent
of the line instead of
iron.
To
To
fully complete the ballasting of the lin^.
lay in about forty miles of additional sidings at various
points to accommodate the increasing traffic.
5. To provide such facilities in the way of extra station accommodation as may be necessary at the different points on the line.
6. To largely increase the existing rolling stock.
7. To build a large and commodious
passenger station at
Montreal and a grain elevator of the capacity of 300,000 bnsliels
at Sarnia, and generally to put the entire system of the Grand
Trunk Railway in a first class condition, both as regards its roadway and rolling stock in every respect.
3.
4.
Texas & Pacific Railroad.— The annual report of the Directors
of tlie Texas & Pacific Railroad Company was duly submitted to
the stockholders at the annual meeting recently held in this city.
Operations are iu active progress at dift'^rent parts of the line.
The road has been extended from Longview west to Dallas, from
Marshall via Jefferson to a point near Tenarkana, and from that
point west to Sherman. The grant of $6,000,000 of bonds by the
State of Texas required them to complete the road from Marshall,
west, and Tenarkana, to a point near Fort Worth, by January 1,
Four hundred miles had already been graded. The route
1864.
west of Fort Worth had been thoroughly developed, bat not yet
Total
Deficiency
.'.'...'..'-•:•.'..'. I.':
$7,048,008 69
l«7,»l» 80
The sum required to complete the bridge and make tlie necessary Interest payments is about $860,000. This it Is proposed to
raise by tlie saleof $1,050,000 second mortgage bonds.
—
Mobile & Nortliwestern. Tlie City Council of Mobile has
refused to adopt the report of its committee recommending the
repudiation of the bonds issued in aid of this road. A resolution
was adopted r questing llie Mayor to call upon th" trustees, who
hold the $700,000 in bonds in trust, to be issued hereafter, to
return them to the city. It is not thought that the request will
be complied with. The interest on the $3 '0,000 already issued is
to be paid, a tax having been levied for that purpose.
New
York, Providence
are notified that they
basis of 32 per cent of
July
Mn
*
Boston Railroad.— Stockholders
new siock at par, on the
holdings at the close of business on
subscribe for
tlieir
1.
Jacksonville, Pcnsacola
& Mobile.—The equity of redemption
was
May
of this road
sold at Jacksonville, Fla.,
5, to
Col. D. P.
Holland.
The Northern Central Railroad Lease.—A committee
of
stockholders of the Northern Central Riilroad rejiort in favor of
easing the line to the Pennsylvania Railroad Company,
THE
694
[May
CHitONiCLE.
873.
24,
Kxport* of LieatdliiK Arliclea iTom Ne^v York.
The following table, compiled from Custom House returns, shows
^
(ToMM^ciAlTEmmrR
Friday Nioht, ^ray
23, 1873.
a fact, not a little remarkable, tbat with the return of
comparative ease in the money market, and tlie arrival of the
season when tlie demand for morcliaudije should bo brisk, there
has been a great pressure to sell, and a. decline in prices of many
It
the exports of leading articles from the port of New York Binoe
1, 1873, to all the principal foreign countries, and also the
totals for the last week, and since January 1.
The last two lints
show total values, including the value of all other articles besides
hose mentioned in the table.
January
ia
oo'-wtocoio — ^-•.-|"..:c.-.coo^^.r;xoJ3!00«-T«^^--
S Oi t- f-
QO S>
''S
leading staples. Tlie trade reports of the past week record a
decline in such articles as flour, wheat, corn, pork, beef, and other
cured meats, lard, rosin, spirits turpentine, thllow, sugar, molasses,
There
rice, with no marked improvemeut in anything.
appear! to be little confidence that holding goods will requite the
holder for the expense, trouble and anxiety, and if this spirit
continues we may expect to see stocks of merchandise in this
port reduced as they seldom have been in modern times, as they
were in the first year of the late war.
Provisions have been generally weak, and cut meats and bacon
have been quiet. In pork there has been an active business at
lower prices, new mess selling at $17 on the spot, $16 02A@
$16 90 for June, and' .$16 75@$17 for July, with some business
in extra prime on the spot, at $14. Lird has been quite active at
prime Western has sold for this mouth at 9 1-16@
the decline
Bac-on has declined to
94c., for June at 9Jc., and for July at 9}c.
.9c. for long clear, and 9fc. for short clear, ior this month's
delivery. Cat meats have been generally quiet; in pickled hams
and
« T so
-.WW!
<-^.->co
some business reported
at ll|@13c.,
and
.
;||gg
is
to f? c» to i-"x t-
-f
o o e* o>
:
r->0
l—
-
•
2 " lO
^M^
"O
-f
-
w in !D
:j?f
VZ^iO
iZOt£7>Viiar
;'Es
°^
«a
rHi-<
e»<e
•
-Ot-iO
"^
;
there has been
oc to
-t-
:fiS
03CO
o
pa
•g^ SS
2 COO
•
:
.*
000
bellies at
— ^o
.
.
.00
•
I
•
•
•
CO
I-*
•er
•
•
•JLOOtO
'oicc
•
•
'^
.coosjj 'J£3'r
•&*Jie*;»-'(0*f
*
ciy!
a
-
^10
dry salted shoulders have been quoted at 7Jc. Beef has
been in moderate demand, with an advance in Liverpool. Butter
has continued to weaken under excea.'iive receipts, the arrivals in
one day amounting to about 5,000 pkgs. Cheese has again
decliued, and shippers have latterly not generally paid over 15Jc.
To-day pork was less active new mesa sold in
for fine factory.
a small way on the spot at $16 75@$16 87^, and old at $16 35
new mess, for July, sold at an advance to $17 10. Lard was
fairly active and steady, with transactions at 9 l-15@9ic. for this
month, 9^0. for June, and 9 7 16c. for July. Bacon was more
8J'a9ic.;
.0
•mrti
•
'iraM
"d'lfSKStCi'^
:SJ
:
M O
1Q0O
•
•C4U3
o: !»
•
.f-r-.noo^'''
;
;
active at a decline
;
o
MO
.
'3 .1
«
export.
;
leaf,
— ZZ^-*r
w
1-
•-•
ffi
a= CO OT
:o
OiB"-'t-
CO CD -T
short clear selling for early delivery sold at
Prices
have
remained
•
n 3it~
•TTf i-'j
iSew crop luga,
firm.
.o-^oDT'ncsopObet -' tn tr- a Oi t^ tn r^
rH Tp
(—^ '^_
-rr mfn
^-
9@14c.
The movement
;to
'
eco
;
"O"
M m 00 w
O !-
•
ira
I
nt
1-1
7@8c do
shows a
1- rf -?
1
<
9®9Jc. Cheese was depressed by a further decline in Liverpool.
Tobacco shows a slightly improved demand, with sales of
Kentucky leaf tor the week about 900 hhds., of which 700 hhds.
for
••
S
S2
»o 10 1-^
S''
cim
.
35 c; ej c: 00 9
e»
55
•- -r eo TT ;S If
5
!
in seed leaf tobacco also
sli^iht increase, but at low prices.
Sales have been
Crop of 1870, 300 cases sundries at 9{al0c crop of 1871, 100 cases
100 do New York, IS^c and 200 do Ohio
Connecticut, 50@6.)C
and 50 do Pennsylvania on private terms crop of 1872, 83 cases
Ohio at 6ic, 138 do Wisconsin on private terms. Spanish tobacco
again firmer, but inactive. Sales, 500 bales Havana, at SOc@$l 03
>
currency, duty paid.
Freights and charters have been quite active during the past
week and r.ites have, advanced, but the close is less buoyant,
owing to a break in the Erie Canal, which will delay the arrival
To Liverpool liy steam late
of the neeced supplies of grain.
engagements include grain at 8|@9J-d for nest week, and 9@9Jd
for the first week in June, cotton at |d 37 16d, and cheese 45s
and by sail, flour at 3a 9d to London, wheat at lOd by sail and
ltd by steam. Charters for (rrain and petroleum have numbered
Late rates lor grain have been 8s@8s lid to
fifty or more vessels.
Cork for orders (with 7s 9d for vessels to arrive), 7s 6d to Penarth
Roads, and 7s 9d from Baltimoie to Cork for orders. Petroleum
charters include Ss for refined to Elsinore for orders, 73 9d to
Stettin dirict, mid Os 9d to a British port direct.
Petroleum has been ruling most of the week at 19|c. for refined
in bbls., on the spot, aud 30c. for Juoe delivery, with crude quoted
at 8ic.; but today there was some reaction; refined, in bids., 19Jc.
on the spot, and crude, in bulk, 9c., with a sale for June at 9Jc.
Rosin has been dull, and strained closes at $3 05. Spirits turpentine has been down to 4.")c., but closes at 40J'347c. Tallow has
been easier at SJioiOc. for prime, butf closes a shade firmer.
Whiskey has advanced to 90c., and on Tuesday 1,000 bbls. sold at
Hides have been doing better, and dry
4:!c., in bond, for export.
Buenos Ayres sold to-day at 35i^c., gold. The home demand for
leather has improved, and equals the offerings at late prices.
Crude fish oils continue in demand, with sales of crude sperm at
the East at $1 45@$1 50, and menhaden, on the spot, at 55c. In
foreign fruits there has been more activity, late sales including
2,5(J0 boxes layer raisins, 8,000 bags Brazil nuts, 4,000 frails
dates, and 800 bbls. currants, on private terms.
Wool has
become quiet. English cxjppar has declined to 30o. for best
;
;
;
5
I
g
0*3
KB
u
til
•
•
•CD'H'
• a: uo
•
s
;
.
'l-fx>
•oo:::jr
c*
'^
:S:ss
•
ceo?-
II
30
.-iCCO •%
"A
10'
<
F"
i-.-t-^
r-i
o«
0>G*
-C*
O
•
.-t<
-
.17*
.
•
*
fr
>
«
;
selected.
.SSSS
32
5m
"i-
«
c*
•
^ CO 07 o *
CT,
Ot
io
^
*-00
J-
f- "^
« S S:
et-v-vcogi 10 CO
cito
aSf
:SS
.2KS
:
:
of
'
:p
'en
:23 2
:
IS 55
^^*
So
*eoiT»
'-'52?* *=*;
eStt*
at
9
06
^3
;a -w
.
•
CD
>ft
*" c* !2
300
S" n
:
;
'- i- 'o 2S <u
Cs t-
«^^,c:j3^j3 -a « 2
3M O
CT)
03
-a"
-;
CO 3!
PS
o5 «
r
.!83
^??i=5«26e«*3i- --see
-
.a.oC,j2
a! CO
W it
C 3
:e
"3
'
•
« P S
-i;
J)
;i
201
:
:
:i!
:
*s^
fJlJesL
|2 S)2 5 S
00
uo
S S if' S.S > S S
=^ S
«3
d
CO
«^2^i
May
THE CHRONICLE.
24, l873.]
Imparls of LeadlnK Artlelea.
The
trum Ouatom House returns
foUoirin); table, ooiu|>ile>l
S'lotvR the fornitm imports of leading articles iit tliiH port since
Jan. 1. 1873, and for tbe same period of lt)7'Jand 1871:
[Thequftutlty ia i^iven lii packages when uoiotherwUuHpucifled.l
ima.
Blnce
Jan. I,
time
\STi.
tim*
China
I. If IV
i.W
:».ii.<u
UlasHWure
i>late
Buttons
Cocoa.
!„^3JllUgs
liaKi
Co tree, b.iKS
.
?45,795
Savannah
Texas
Sgl.3.VI
329,IU4
1I0,»<»
172,695
•7J,03J
.W.79!
&lh.'..<l
eii.iie.i
A
bags
Tobacco
8,tii>9
3,1^ Waste
70,i2i
l.ffia:
.•)l.l«
Clitars
la.sO'i
Opium
Boda
a>,^«'Kl8h
n.*'*? Fruits,
4.4^;
i.etnouH
sal
cloth
i.M
Hair
Hoinp, bales
Hides,
Bristles
65«
T.9
5,1S7
25,«.8
Hides, dressed..
India rubber
Ivory
Jewelry. &c
Jewelry
715 Spices,
Ac—
Watches
Jauuarr
This
53,%I
Ashes... pkgs,
Breailatulfs—
Flour.. bbls.
Week aud
52.210 1.021,763
857,269 2,252,5»3
4i4,Si2 2,ri»:,»i6
7J9.131
i<99.<3;
6.,ia6.09i
170.71'
Whea'...bus,
Corn
OaU
Rye
2,031
3,097.3:iO
1.300
8U.87I
271
Barley, Ac.
Grass sd.bgs
Beans, bbls
Peas, bush.
C. meai.Dbls
Pitch
Oil take, pkgs
2.804
,:il2|
7IJ
13,3 3
8111
1S.411
ia».90i
8;8.;oii
2 515
8,12.
Hides
No.
Hups, .bales.
112
3,419
62
5t,5«
Hemp ..bates.
Leather. sides
Molasses, lids,
Uo.,
bbli
Naval StoresCr.turp bbls
Snirlts turp.
ioo
4,025
ai,.Ml
201,704
1,518
17.477
Kosin
Tar
95,149
llfl
12.117.1
209.664
200
SS5
12.14.1
«,;5i
105,SWO
2S-iO
110
U,.v«
55»
W
32',i<9
107
213.(10-
2,
Ktce, pkgs
33:.43l> Starch
4,6641 S'earlne
863,051 Sugar, bbls
1,
Sugar, hhds
323.a<»
5,;5!
ll6.ir,7
2MI.;ii9
13,888
3,515
2.2:i;
1,031,99.-1
80,146'
3.670
I9,«7ll
3!7,962;
20,.'il6
t7>)l
Tallow, pkirs
2.827
i.'.a
19,112
81.418
16.00
SU,2i3
8.1.9111
2.2:.-.
72.1111
1,424
•28,-i25
93,ai2
New
this
Orleans
1873.
bales.
ISTI.
1871.
3,471
Mobile
9.131
1.312
Charleston
3 6il
Savannah
Texas
Tennessee,
2.691
2.-200
5<8
7,»10
Ac
3,997
ei
109
1,412
a.V23
2.7a8
7.592
5.311
3,682
493
Virginia
9,839
Total thia week.
Total since Sept.
The
12,088
1.
2,641,119
5,083
4,K4i
125
819
3,346
40.173
New
Charleston...
::::
i,5M
10636
[si
BavaBuah
Tazaa
New
s.6«6
york...
1
3.535
....
•29.807
Ottaat porta..
Total
S<nee Sept.
466
4,8ia
7.8-6
1872.
I,6U,a8»
M8,0S3
M8,753
43,542
3,3!5,8;4
48««
mjm
9.«3
83,M9
,
io,aM
ITKJSU
4«1,4M aSlipMl
~307,ll«l
KS,«(
:«it4i
1«07,«4-
week has been qnlet for cotton on the
spot, though during Wednesday aud Thursday there was some
improvement in the demand and a steadier feeling generally.
This improvement was duo to bettor advices from Liverjool, but
past
private cablegrams were received slating that the renewed life
there was duo to reports pahlished in Liverpool of very had
weather in our cotton States. These reprrts not being supported
by late information here from the South, our market lost this
improved tone, and today wns dull, and so closed, but without
change in the quotations. Vor future delivery the market has
shown similar changes, though they have been more marked.
Prices were drooping till townrds the close of Tuesday's business,
when, with belter piivate advices from Europe, they took an
upward turn, and in the course of Thursday a considerable
advance was paid. May cimtracts, which had sold on Tuesday
at 181, touched 13 21-32, and other months showed a similar or
greater rise. Before the close, however, a reaction set in and •
portion of the advance was lost. To-day prices nearly returned
to those of Tuesday and closed weak, sales being made after
'Change at 18ic for June and 17c for December, the latter with
seller paying brokerage.
The total sales of this description
for the week are 69,900 bales, including
tree on board.
For immediate delivery the total sales foot up this week
8,240 bales, including 3,109 for export, 4,876 for consumption, 255 for speculation, and
in transit.
Of the above 1,137
bales were to arrive. The following are the closine qaotationa
:
New
per lb.
It*, »....
17>i»---.
!2X<S-...
18X«....
I9«a....
21X«....
IVMw
...
18H*....
l»s»....
I
iiUOt--.-
SIHfc....
I8S(»....
2U »....
33 •....
Below we give tbe sales of spot and transit cotton and price of
Upland! at this market each day of the past week
:
AALSS.
Ci>n- «pec TranExp't. anmp.
Saturday
321
Mondny
I«0
3.;09
The following
14H
I'M
:<H
(.28
I4!<
I6ii
i»Q
3.?43
1,187
2.050
143
l.WO
12
4,873
1
523
711
14«
l«M
16X
I9S4
41
"56
1,791
911
434
928
Total
1
Total
to
1,0B8
Friday
PHI'-SB.
Ouort
ow M-iaord'ry. Ord'ry. MIdl'g. dllng
t
.If.
3
16S
Tuendiiy
3,53
1
nao
....
14)J
19U
I9><
1
....
show the
closing prices eacn >iay on tiie
basis of low middling uplands, for the several months named
Sat.
M(in.
Wcd.
FrI.
Tnes.
1'hara.
Frl.
On spot
May
18!i
l.'-M
18 7-13
18 9 16
in 11-lS
1814
18X
18 9-16
IS 21-33
M9-16
18^-13
•!«1-i.
I3y
'H
17
17
UH
18 9-16
'\'H
October
..
ixS
•i; 9-16
17X
HH
I'H
!7H
17
AUKiist...
Bciitcm
18H
17^
July
•
181»
IS!,-
ISK
.
.
June
Noveiii
DecMii.
Will
17 3-16
I6K
•
18W(
18 31-«
I«X
I8X
M
18"»-I3
17 23-1>3
17 17-33
n^
I'M
nx
13
•{ill
I*-."*
18
17 5-13
17 T-l»
17
After 'Change.
May
bales.
3«1
900
CIS.
i8 5-:s
..-• -ISK
?..IS 7-16
1S.073
2.030 252
12.462
2.107.:4'!
1873.
I8H
600
600
18 11-lJ
18 W-*,'
l^X
18 31-32
18 21-32
18 11-16
18 23-32
1.200
I3-:.2
7-«
3700
18 13-16
18 27-33
1814
18 15-32
100
9iO
183!t3i
1319-13
18
UH
IOO
9-6
'24.9.>i
2,aiO
8-3.'c.
3-I6C.
S.6'27
Xc.
26 6-23
41.093
11.174
4.197
1 8-I6C.
74. '52
r2..'i9i
17X
toui Oct.
I8
2S-S
For November.
13 13-16
COO
13 27-32
*»...
18,300 total
Ang.
For Septenher.
1.200
17 7-16
200
17X
:uu
i;»-i3
300
400
400.. ..........i;S
l.jk
nx
'.f\
2(10
*•
IT 9-I*
400-
IOO.
I.IOO
.17
.
800.
17
•00
17X
gootoulDws.
Juiie for Augnst.
August.
"
I.OiOMaj tor Auwu-t.
"
lOiSeriemb r for Augnst.
"
1(41 October for Aogustr
200 Mar for June, even,
too June (<r August, even.
l,(\m
. I
uiie frtr
—
..tTf-ll
tnui Not.
For Dect-mber.
exchf.nges have been made during tbe
paid to exctaango UiO May Irr Jure.
"
1-33C.
1-I6c.
Ml
17
HO
30O....
total July.
l,«(io
The following
Fur Octaber.
I7V
800
3UU
600
For Anguai.
I85<
18 11-16
cu.
500..
3.400 total Bert.
300
IS 17-32
78
Mies.
1*V
3,6141...
is*
9.000
1,600
400
12.911
2-1.0W
8:00
500
1,.5'Jl
2,0011
2U.O.'0
18 9-16
18 19-.32
4«l
4,200
63.717
34.000
r.si
l3il--6
18 :9-33
3,1100
14.17
327,J2»~
18 17-32
IIIO
...I8«
IS
l-S
JilO
1,3011
18
2.MI0
isi<
181»-.'a
IS 7-16
18 13-3-J
;»1
1,6(0
I81<
1819-32
1,7110
3.9)0
2.100
isn.
1S17-.32
'8 9-16
71111
2110
June.
ets
!!>I0
2,6IX)
For Jnly.
May.
For June.
SIO
bales.
13V
SOU
«iu
2,900 total
4.5-0
CTS.
18 35-32
17,300 total
29 ..'.93
243
1«M«....
lf«a....
!7!,(t....
I
107,.149
28,838
1,836,353
Texas
I4K«—
18}<«..,
I6X»....
I
'^,423
467
I4!4a—
Il!<fc...
'
17.623
8,646
4,433
Orleans.
I4ii*....
Mobile.
Florida.
Ordinary
Good ordinary
Strict Gild Ordinary
Low Middling
Middling
6ood Middling
41,055
Bamew'k
S.oco
925
ll.OKS
3,535
mjiio
ir,ia
VO
300
tmM*
18SI,9I(
2639,1 II
1
The market the
IOO
IOO
•00
IOO
week.
ism
Total laat year
300
8,736,898 {2,719.023
».S3S
•4,IM
••.
•
198I,M)0
iui,im
49,(11
10)lnc.ord..l8s
100
18H
Stock.
~5ir
19,701
IH.WO
431,487
'
2.061
Total this
Urleana
Mobile
500
9.3.2
33,Ui7
Total t^ls year 8.344,470
601
:
Contln't
4,9111
3IIli,4au
Mm
693
of last season
Kxported 10
Prance
S767iU
1011
exports for the week ending this evening reach a total of
Weekending G.Brit.
May 33.
3,100
319 383
li,.1>'3
r or
bates.
43,542 bales, of which 29,807 were to Great Britain, 4,849 to
France, and 7,886 to rest of the Continent, while the stocks as
made up this evening, are now 327,529 bales.
Below are the
exports and stocks for the week, and also for the corresponding
week
11,923
63.009
17J,»I!
174,059
l'«,»ll
li:.l"«
140,324
341,7 i
:
IS,S3I
827
1,>1C
1,472
1,8,9
"lorlda
i
".
I33.SS
1021431
38^,243
9.704
22.5H9
I:»,IS2
•3 ,.'.-4
31.399
Btoek.
For forward delivery the sales (including
free on board),
have reached during the week 69.900 bales (all low middling or
on the basis of low middlingf.and the following is a statement of
the sales and prices
1870.
4.-289
North Carolina
2!l,258
j.,..«4
....
Thursday
May
17.100
S.WI
179,(23
1.078
I:;,M3
II
!
Florida
No. Carolina
Virginia
Other porta..
WedncSitay
p. M.,
receipts since the first of September, 1872, 3,378,514 ba'.es against
3,041,119 bales for the same period of 1871-72, showing an increase since September 1, 1872, of 737,39.'5 bales, ("lie details of
the receipts for this week (as per telegraph) and for the corresponding weeks of the five previous^years are as follows:
Received
l(l(,..1ul
I
S34.990
New York
15,7: ;5
93.13.-
23, 1873.
By special telezranis received to-ni^htfrom tlie Southern ports,
we are in possession of the returns showing the receipts, exports,
Ac, of cotton for the week ending this evening. May 23. It
appears that the total receipts for the seven days have reached
3-1,041 bales against 41,031 bales last week, 13,770 bales the previous week and 48,046 bales three weeks since, making the total
week at—
tt*,M»
2'<;.i.iii
I
I
4. .1-8
681
17.^27
61.0'3
94'.i
Tobacco, iikgs....
Tobaeco. hhds....
Whiskey, bbls. ...
Wool, hales
Dressed hogs. No.
COTTON.
Fridat.
317,1184
:»8,064
21,653
:<,939
Beef, pkgs
Lard, pkgs
Lard.k-^KS
75,'il3
9S8/'Sj
1157,519
.
Upland and
Bkbs
Pork
297.13S(
Cotton. .bales.
3 289
Mew Orleans
wise
Poru.
Total.
45,:i09
Cheese
21.013,
'72
.58.010
Cutnieats
79,88t
5.525
Same
time
8,656
to
Peanuts, bags
Provision-*Butter, pkgs....
>4,2I'I
5!!,!
since
:,i3'f
Oil, lard
H,ll5l
969.8 i5i
3.523
5)7.300
25.r.(«
:
This
week.
'73
2,717
141
143,367
6:.Ui7
been as follows
Bame
Since
I79.9W
1S.7M
SS.9:i4
1.
receipts of domestic produce liave
week. Jan.l. time
41 140
ilB,>-8i
117.SP1
V«i,:22
57.208
188.079
a2«.K24
Receipts of Domestic Produce for tUe
The
8,11X1
271 4:ii
2!>«22
26.173
113.868
Mahogany.
270.327
45.0 3
•59.005
89.7-
Fusilc
Lojywood...
U.59l>
Sl,tl33
4«.4I5
Woods
Cork
.
519
J1«,;!M
Linseed
Molasses
7r.2.:<57
144.2<l«
'Saltpetre
2,45'
5«9.r.-.'S
I6<,734
Ginucr
Pepper
1,5401
!,«.»
203.=6il
«li'.01'>
4;iii,i'2i
1
5431.1ja 4.l81.fii7 2,i''3.i7;
ai;5,i50
132,081
.w.;5«
Cassia
1»,3I3
«o4
1»2 912
44'P.J72
fi7.'<. 'i
Itaislni
•IW
t,73-i
31.177
lis
'..Oil. SI 12
181,424
Hides undressed.
Rice
fid.3i^
Ac-
3:)
3J7.^-0
176.450
I6(i,i;9
176,58.1
OrauKca
Nuts
.I.OiJO
44.i;»7
Sr.l.Hl!!
57!l.c»)(l
Ac—
i.3-0.
Gunny
»»9,!l'3 1671,244
.t2,:8
Fancy goods
19,70.1
Soda.Hsli
47,213
:0C0.9«2
««2Corks
Soda, bt-carb....
Plar
Furs
«5.'Ji1
M.7r.3
74,173
by value—
U-*!
on, Olive
72.iin
2:l.«9
wines
8,T7«;Wool, bales
1,7W Artk-li'H reported
Uaddur
U.ls, Rssentlal...
i.227
Ar.-
ChampaK'e.bUs.
5llJi
2 1. .185
1,344
ti.r.6
8:.(i'ti
1,931
I,aM; Wines,
(ndiffo
Gliarleston....
B«4.«!2
boxes
SitKar,
Kfiii
.
Mobile
209.li<lll
XI79.1 4 8,2}:. 33: 1,»28..»0
4I,<71
44,187
55,575
lii,«jliTe«
Ganibiar
Gum, Arabic
33:i.lll
I4i,i4r
i8l>"..5!|5.J»,>,"ra .'.lll.l.7;«
-.7.221
9U.V8
w..ia 411,7:0 .v...!**
4H,Uj:!UuKur, hhds., tcs.
I.ijMI
A bbls
Cotton, bales...
Drufs, AcBark, PeruTlau,
Blea powders...
UVlmstone, tons
88t,'.74
ilii,lil<9
Tin slabs, Ibi..
aui,;:D
Coal. ti»n8
S,(«7
2,:»i
Coast-
uinei
,
Britain. Prance. For'gn.
3««.::>
Iron, Kit bars..
Lead, plfs
Upelter, lbs
Steel
Tin, boxes
i4,l>irj
(llasH
Ureal
In72.
8,299
2.7IS
i,058
Hardware
(I.MI
Karttienware..
BXPnaTBD SIMOa SBPT.I TO—
aaoairn
•iao> aarT.!.
POKTB.
Ac-
Metals.
Cutlery
Kartheiiware'
Cocliineal
Cream Tartar.
Same
time
From the foregninir statement it will be seen thai, compared
with the corresponding week of last season, there ii an inereau in
the exports this week of 27,704 bales, while the stocks to- niyht ars
121,509 bales more than they were at this time a year ago. The
following ia our usual table showing the movement of cotton at
all the ports from Sept. 1 to May 10. the latest mail datei^.
187'.i.
1871.
China, Glaai and
Glaus
Hanin
1873.
Bame
Since Same
Jan. 1 time
695
week
•
Vf.athkr Reports bt 1 KLEOKAPn. Uur advices to night bj
telegraph show an improving condition of the crop. They haveMBdoubtedly had k oold l«t« spring throughout the ^utL, very Bimilar
THE CHRONICLE.
69B
own, and as ft jreneral thing cotton ie small but good pro"
grass is now being made, and the present indications are, we thinkincreasingly favorable. In some sections there has been considorable rain during the week, but we have received no complaints on
At New Orleans and Mobile the weather
that account.
has been warm, sultry and wet, raining more than half
the week, but at Mobile the latter part of the week has
been clear and pleasant ; the crop is developing promThis rain does not appear to have extended over the
isingly.
whole State, as our Montgomery dispatch states that it has been
warm and dry at that point through the whols seven days. At
Selma there has been no rain except on one day the crop is
developing promisingly. From Columbus we have failed to receive
our usual weather telegram. Our correspondent at Macon telegraphs that on three days in the earlier part of the week they
had rain, but the balance of the week has been pleasant the
dispatch adds that the young cotton is small, owing to the late
spring. At Ciiarleston they have also had some fine showers,
which were much needed. It has rained one day at Memphis,
hard, but the remainder of the week has been pleasant planting
is now about completed, and the condition of th« crop is said to
be only moderate. At Nashville it has rained on two days
there are less complaints about the crop now, and it is in a rather
more favorable condition. The thermometer at Memphis has
to our
;
;
•
;
;
(May
Kay
24, 187S.
18,791
«1,125
2«,445
«2,36i
July
24 272
28,290
16,»70
18.692
28,711
17,498
18,7.51
June
28,549
14.049
October
23,240
November.
December..
lli.9j«
19..337
26,254
20,797
24,911
17,746
23.199
11,899
12,487
17,297
275,791
228,797
189,797
33,579
82,762
5,488
31,492
14,923
20,000
18,462
13,988
21,230
10,628
est. 8,000
104,665
72,308
Au<;u8t
Si-pieinber
.
1873.
January.
Februar}'
26,5.38
March
16,480
15,000
15,000
A pril (cable) ....
May (estimated).
t.
106,577
The following
tables
show the comparative
increase
and
decrease of shipments and consumption for corresponding months
of 1873 and 1873
Bales.
14, 173
February, 1873— Decreased shipment
March, 1873— Decreased shipment
April, 187.3— Decreased shipment
January, 187,3— Increased shipment
May, 1873— Estimated increased shipment
Bales,
15.411
3,903—
12,200
2,209—
;
73, at Savannah 73, Macon 78, Mobile 76, Montgomery 74.
Consumption of American Cotton to November 1st.
correspondent sends us a statement of the movement of American
averaged
—
cotton for the balance of the season, and asks us to point out what
errors there may be in it. Believing the subject to be of some
interest at the present moment, we give the following as
our own view of the approximate supply for Liverpool, up to
Nov. 1st, using our friend's figures so far as they are applicable 9
Stock of American on hand at Liverpool May 16
366,000
American afloat for Liverpool May 16
200,00f
ending May 16 not included in afloat*.
Exported week
51,395
Exports to Liverpool to Sept. 1 from May 16
300,000
Exports from Sept. 1, '73, to Nov. 1, '73, (which will arrive) 60,000
;
.
.
Total bales
portion of
977,395
stock now held by English spinners,
which they can use if desired
The
Total supply for Liverpool to Nov. 1 (24 weeks)
Total consumption, if we accept Smith, Edwards
Co.'s estimate (33,000 bales per week)
80,000
1,057,395
&
792,000
Stock of American in Liverpool Not. 1 would be
265,395
These figures are of course only an approximation. We allow
nothing for exports from Liverpool, having deducted that in the
estimated future movement from this side
and, on the other
hand, it is not at all unlikely that the consumption of American
may be less than it has been during the earlier part of the year,
as the India cotton now coming on the market is much superior
in quality to the last crop. Of course either very unfavorable
reports with regard to our growing crop or very low prices for
cotton, might induce spinners to stock up
but otherwise the
above may, we think, be taken as less than the stock of American
cotton at Liverpool is likely to be at the date specified.
•There was a considerable error in our exports last week as our New Orleans
telegram failud to reach us, and we used the Associated Press figures. For
tne correct figures see our shipping news of this.week.
Bombay Shipments. According to our cable dispatch received
to-day, there have been 43,000 bales shipped from Bombay to Great
Britain the past week and 10,00,0 bales to the continent, while the
receipts at Bombay, during the same time have been 43,000
bales.
The movement since the first of January is as follows.
These are the figures of W. Nicol & Co., of Bombay, and are
brought down to Thursday. May 22
/—Shipments this week to—,
^Shipments since Jan. 1 to—,
;
;
—
Falling ofi' in shipments, 5 months, 1S73
January, 187.J— Increasud consumption
February, 1873 Increased consumption
March, 1873—Increased consumption
8,558
4,812
(;.892—
April, 1873— Decreased consumption
May, 1813— Estimated decreased consumption
8,972
Con-
Britain
tinent.
1873.... 43,000 10,000
1373.... 31,000 16,000
1871.... 37,000 3,000
Orcat
Total.
Britain.
Week's
Continent.
Total,
receipts.
53,000
47,000
40,000
473,000 133.000
608.000 42,000
454,000 205,000
659,000 33,000
351,000 202,000
553,000 53,000
From tlie foregoing it would appear that compared with iast
year there is an increase this year in the week's shipments from
Bombay to all of Europe of 6,000 bales, and that the total movement since Jan. 1 shows a decrease in shipments of 51,000 bales
compared with the oorra^oouding period of 1873.
Gunnt Bags, Bagging, &c. The market for bagging has
ruled ve-y quiet the past week. Sales as recorded foot up about
2.000 rolls about 500 rolls Ludlow at 13c. cash, 500 rolls Ludlow
at 13c. cash, and 500 rolls Boston at 13c. cash.
hear that 13^0.
was offered for 500 rolls more Boston, and 13Jc. was asked. The
market is not animated, but it is steady, the price being 13(813^0.
—
1872.
January
February
March
April
bales.
Calcutta.
21,379
40,711
81,871
18,908
V.
8., 187a.
7,606
18,688
7,358
17,818
In U.S., '72
9,906
9,176
20,260
16,430
3,830
—
two past seasons:
Stock
Stock
Stock
Stock
Stock
Stock
Stock
Stock
Stock
Stock
in
in
67,750
18,500
215,000
31,000
11,000
5,000
463,000
327,529
65,879
42,542
1872.
858,000
236,000
197,000
17,000
20.000
71,000
31,000
27,000
70,000
14,000
160,000
24,000
3,500
4,900
426,000
311,020
35,202
28,838
2,536,950
in Liverpool
in London
in Havre
in Marseilles
in Bremen
1873.
753,000
160,250
144,000
17,250
52,750
83,000
33,000
2,434,460
bales.
Amsterdam
Antwerp
in Hamburg
in Barcelona
in Trieste
Afloat for Great Britain (American)
Afloat for Havre (American and Brazil)..
Afloat for Bremen (American)
Afloat for Amsterdam (American)
Total Indian cotton afloat for Europe
Stock in United States ports
Stock in inland towns
Exports from United States this week
.
37,,500
.
Total
These figures indicate an increase in cotton in sight to-night
of 93,499 bales compared with the same date of 1873.
Movements of Cotton at the Intbriou Ports. Below we
give the movements of cotton at the interior ports receipts and
Bhipmen's for the week, and stock to-night and for the corresponding week of 1873
^Weekending May 2.3,1873-, ^Week ending May 24, '72-,
—
873
166
49
337
305
3,306
4,813
8,201
537
577
950
471
532
606
Memphis
NashviUe
6.480
13,643
—
Receipts. Shipments. Stock.
Receipts. Shipmente. Stock.
Augusta
Columbus
Macon
Montgomery...
Selma
480
78
84
195
49
8,901
5,868
5,600
4,456
1,109
29,831
10,114
1,717
112
2,665
65,879
908
538
705
222
167
965
396 ^
3,901
6,203
2,795
1,395
1.695
903
17,466
4,747
35,203
The above totals show that the interior stocks have decreased during the week 7,163 bales, and are to-night 30,677 bales more than
at the same period last year.
The receipts have been 8,815 bales
more than the same week last year.
The exports ot cotton this week from New York show a decrease since last week, the total reaching 11,005 bales, against
13,934 baleslast week. Below we give our usual table
Kxporta ot Cotton (balea) from IVewr Iforlt aince Sept. 1 > I87S
:
WK£K
We
count for cash, 1 15- 16c. cash, and l|c. cash. 'I'he recent arrivals
and telegrams showing increased shipments from Calcutta, have
caused the market to decline. The monthly export from Calcutta
and consumption in the United States of jute butts, as compiled
by J. G. Rogers & Co., brokers, is a» follows:
Sailed irom
Arrived in Consumed
—
Visible Supply op Cotton Made dp by Cable and TeleftRAPH. By cable we have to-night the stocks at the different
European ports, the India cotton afloat for all of Europe, and the
American afloat for each port as given below. Froai figures thus
received, we have prepared the following table, showing the
quantity of cotton in sight at this date (May 33) of each of the
;
cash for immediate delivery, and 14^14|c. for Summer. There
has been but little doing in bags, the market being very quiet.
The quoted price of bags is 14^15c. according to weights. The
market for butts has met with more activity lately, but at falling
The week opened with the market at 2c. leas discount
prices.
and 2 1-1 6c. on time. At the close of the week the price may be
quoted at l^c. cash. The reported sales for the past week foot
up about 3,800 bales, part at 2 l-16c. time, 2c. time, 2c. less dis-
7,4,58
Increased consumption, 5 months, 1S73
:
Great
19,078
—
KNDINCI
Total
KXPOKTBD TO
Iprll
May
16,807
15,358
7.
Liverpool
Other British Ports.
Total to Gt. Britain
May
time
prev.
year.
14.
21.
10,626
407,120
530
305,382
2,789
12,109
10,626
100
407,650
808,171
39
4,557
881
119
575
4,557
1,000
6,380
6,870
16,807
15,458
202
575
202
Other French ports.
lotal French..
Same
1S,109
297
Havre
May
to
date.
Bremen and Hanover.
Other ports
500
1,21,0
400
17,182
4,648
7,724
Total to N. Europe.
500
1,250
400
29,554
Hamburg
349
1,141
Bpain.Oporto&OlbraltAr&c
All otners
Total Spain,
2,'74i
2,741
See
14,3:i8
18,176
Clrand Total
19,623
16,160
18,934
11.065
444,502
817,287
May
THE CHROmCLR
24, 1878.]
TliH lollowinir arn tlie receipts of cotton at New York. Bodton,
Philadelphia and Baltiiuore for the laBt week, and since SeDtember
1,1873:
697
BuROfBAN Uori-ON Uarkhts.— la refereoM to tbeM niBrketa
oarcorreapondeat in (..ondoD, writloK under the d«te of Majr 10,
8tati<B
BIOa'Ta FROM-
This
week.
Now
Thin Since
This IHinccI This Since
week. 8«pt.l. ]| wouk.Sepl.l.l week. Scptl.
Since
[Sept.
1
1
I
1.
I
3,:i48.
»:),.')8l,
''•ti'
47,a«
4!t,JH0i
Texas
. . . . !
1,881 I
"8511
16,134 I
I
,
Sitvaniiah
841' 8S,T»9,
Miihll.
aiw
;
....I
....I
eCO
l.fi.Vt,
N'tli Cariillua.
Virginia
...
in
uMi
874
JO.SitJ,
siii
III.
517
879,
1M8«;
m
105:
I
i2,«si
2 5a» .301.748
l.O.'il!
4»,8:4
i,«79'
n.am
iail !8,4S7i
....I
I.llfl 77,870,
a.ttll)
197 .W3,
6,»iil
UT.OilO.I
U,I(U,|
6.'1
Poreli?n
uni
448
798,0U8'I
Sl.StfSi
. . . .
j
A,886
I
SniPPiNO News.
Ii46,6(4
I
60,P»9|I
J,233
_6,775^8J9,851^
1,!)54
un
i.im
....I
_l
Total this year!
!
Total bales
City of
Liverpool, per steamers Cltv of Bristol, 1,084
Brooklyn, 8IH.... Wyoming. :l,7.'>7 ...Canada, 2,1(81
Kassia, 391
Kataviu, !»7
per ship Olencorec, b,38
10,6Sfl
To Havre, per ptearaer \VashIii(*ron, 89
81
To Cronstadt. per Bteamers Anglia. iTM
Assyria. 150
400
New Oitr.EANs— To Liverpool, per Hieamers Jamaican, 2.840
Alice.
3.071 ... per Bhips Jupiter. 1,822. .. .Mary E KiKgs. 3.991 ... Arran
3,fl7« .. Expounder, i.iio
per harks Malia, 1.668 ...Tancred,
1.414. .. .8peranza. 1. Mi.") .. .1 harlle Hickman, 2,837
25.280
To Queenptown, per liark AmvKos, 1,304
1,.804
To Cork, per hark V'alljrien, l.ODO
1,060
To Havre, per bark Seudemand n, 1,.302
per brig Leopoldlue, 592 I 814
To Bremen, per steamer ITrankturt, 1,006
1,S0«
To Antwerp, per bark Westfold, L-'itO
1.540
To Revel, per iiarka P. A. Munch, 1,.3.>0.... Aurora, 4,13*
,8,482
Mobile -To Huvel, per bark Omoa, l,0,"i6
l,05(i
Tu Helalnjrfors. per bark Hiram, I.OBO
I,0li0
Charleston— To Havre, per schr. B. N, Hawkins, 1,190 Upland and lOO
. .
.Sea Island
1,291
Liverpool, per bark W. H. Jenkins, 2,315 Upland. ..
2,315
Liverpool, per (»tearaer^ S
-Jacinto, 1,8'jl and 2 rtea Inland
Ellen Sonthard, 2,S11) and a Sea Island ..per ship Coldstream,
2.880and3l Sea Inland
pur bark-? Cremona, 1,785
Edward
Uiciardson, 9W and HI Sea Inland ...Ulrika. 872
10,675
To Cork, for orders, per bark It.iukan, .523
,523
Norfolk- To Liverpool, per brii^ Exporimont, 753
7fii
IJaltimore— To Liverpool, pe'- steauier Moravion, 1,025
1,025
m
Tbxas — To
.
.
.
To Bremen, per steamer Berlin, 7 19
Boston—To Liverpool, per steamers Malta,
TotaL.,
7ti
Hecla, 511
172
8«
42
M.r.
UK
nx
UH
iiii
M
KX
OX
44
81
.10
H
n.Mld.
'"«
9X
»X
9J<
9W
«l
22
MM.
II'.
MX
II),-
The following
this date
are the prices of middling qualitiea of cotton at
at the corresponding periods in the three prevloaa
and
1870.
Upland.... 11 Ji
particulars of those ghipments, arranged in our usual form
aie as follows:
AntHelslngLiver- QneensBretown. Cork. Havre, men. werp. Revel, fors Total.
i>o.>l.
New York.
,I0.(i2«
39
11,065
7),'
Uii 7S
Orleans... 11 116 7H
and
18
8X
KH
11
11«
for export
9)i
E'.-yptlau
1H78,
Krai'.llian...
1.570
Bitypllan.
.
4,520
6,50
1871,
1878,
bales.
47.1115
2. 9(15
18.426
!.«2»
3.o:w
162.320
Total.
...
88,150
•
2.2.10
11.040
l\ii80
633.740
163,590
742,770
8..Vi3
57.8t)8
113 688
108,620
l'!t,03n
4*, 280
97,470
4,178
28. .VX)
881,810
187*.
bales.
41.5:15
4.970
8.700
1.140
lJ.K,ln
bales.
6.5.«:o
Actaal
exaUfrom
1872,
bales.
27.;)70
W. Indian..
28,.5O0
.— Actnalezp. from
Llv., Hull A other
outports to date—,
to this ilate—
1872,
bales.
bales.
45 210
Indian..
W
8H
ttii
«H
4X
5X ....
4« «X 4
the year the tranaactioDa on 8p«caU-
1.S2.710
.'».870
K.
81^
Uhollerah....
7
Vi
Broach
have been
.—Taken on spec,
Ainc. lean...
1871. 1871. 1878
d.
d.
d.
1870.
d.
Midland
PernainbDco..l1X
commencement ol
Since the
tion
1873.
d.
lOTi
Mobile
The following statement shows the aales and importa of cottoE
for the week anil year, and also the atucka on hand on Thursday
evening
last
ALSS, STO„ OP ALL SBSCBIITIOHS.
Sales this week.
,
Ex- Speculaport
lion. Total.
Total
Same
Averajee
this
year.
period
weekly solas
698.240
(
42.960
3.9««
3 310
460
'"'I
1450
.
Trade,
American.. bales
.19.44(1
1,690
2'0
A Greek
SVost Indian,
East Indian
Total
.
3,780
„„»
I
....
^
•^'»
12.140
&c
18TI.
30,670
109.420
4 8-10
7M.8<10 84.260
6.080
308.920
131.100
6,050
8,010 ( , „„.
41.000
285,040
6l'4,050
10,990
12,040
68.790 1,255.460
1.747,820
59.310
62,»«0
130
10
Egyptian
Smyrna
1878.
1,8.10
:i.fi.JO
tiraziliau
3,170
1,310
5,570
8,.820
t
....59,900
.,„
.„
16,620
1872.
Ilft.OlO
4fl.HI0f
12.340
5,750
,
'•''
„.„
'•"*"
Imports.
To this To
This
week.
American
The
d.
24
683
67,278
1872.
1871.
d.
Midland
d.
Sea lsrnd.l9
7311
-
»>*
82
24
O.Mld. Mid. F.
8«
»H
9«
8V
7«
7«
N.OJfcTexO'i
100^008
:
Satankah- To
17
OOrd. L.MId. Mid.
Ord.
Ppland... 6X
Mobile. .. «V
years
the pa8t WHUk, aB per luteal mait returnR, have reacliod 67,378
bales. Solar as the Southern ports are concerned, these are llie
gameexnorts reported by telegraph, and published in TilKCanpNlOl.E last Friday, except Galveston, and the figures for that port
are the exports for two weeks back. With regard to New York,
we includ'5 the iminifoets of all vessels cleaned up to Wedueaday
night of this week
.
g'd falr^
21
24
tO
21
18
15
15
Florida
—The exports of cotton from the TTnited StateH
New York— To
.-Oood A .-Sam* dale 1871Kine.^
Mid. Fair. bcod.
,-Fnir*
Bealsland
8».fi41
70.0*1
2I,lHt
:;
m
tS.VII
NortU'rii Porls
&c
....
10,761
....I
v8ii'
!
1,588
•8;4!
-I "'^^l
Florida
8'th (larollna.
Total last year.
^nalitiea of cuttou,
I
^Or<l.* Mid-,
Orlean>.,
TooncBHcc,
LlVEUPOOL, May 10.— The (ollowinj^ are Mim prlcea of middling
compared with thoae ol la«t jrvar:
BALTIHORI.
PaiLADaLP'lA
date
date
1872.
1873.
'
Same
this
Total,
1872.
70,i)«7
968.815
802.177
1.402.114
M.SftI
2,400
l,13t
\V. Indian...
1.118
iiast Indian... 17,054
This
day.
Brazilian
...
1M.H79
.1.54,889
7"9.«r;5
Sgyptian
..
142.775
157,110
10,411
287.042
.18.213
14n..1!l1
821,006
857,942
G7i,;;o
72.270
77.410
11.370
9,250
239.510
107,173 1,529,879 1,677,806
3,414,313
I28J9
27.380
221,901
17.147
1872.
1872.
63,676
25,880
44,210
348.990
780,920
Smyrna * Gr'k
Dec. 81,
dale
no,o20
9,1,410
8,3901
»0,48O
n.9,-)0f
27«.goo
M<.Me
912,680
42:,05O
.
New
Orleans
Mobile
Charleston
1,304
1,050
1,894
1,506
3,482
1,510
....
3fl.fl<)5
1,05«
.25,289
1,060
1.290
2,31?
II.IIH
752
1,290
..
Savannah
.
Tc-^as
.10.075
2,3«
623
....
Norfolk
B,altimore
".'.'.
1,025
Boston
".'".
'739
'.'.".'.
'.'.'.'.
V.V.
51,8S5
1,304
2,245
8,223
1,573
1,540
Now York,
4,538
1,000
67,278
400 bales to Cronstadt.
received, during the week, of disasters
to vessels carrying cotton from any port of the United' States
Abodt 50 bales cotton and a larsre quantity of timber wi^ro passed, in lat. 37
N-, Ion. 50 VV., by the bark GarstAncf, at Liverpool May 2.
RasEAncii (Br.), from Galveston for Liverpool, which put into New Orleans
iti distress, and repaired and cleared May 12 for destination, sold 14!
bales of her original cargo of cotton at New Orica"s, ir l)eing badly
damaged. The remainder (1,158 bales) is stl'l on bo«rd the vessai.
Varuna (Br ), from New York for Liverpool, remained at St. Thomas May 2,
awaiting arrival of an agent from England.
all
news
:
—
ExoiivNOK AND KiiBrouTa. (iold has fluctuated the
week between 117| and IISJ. and the close was 118|.
Foreign Exchange market is quiet.
The following were
tlie last quotations: Loudon bankers', long, 1085((?109|; short,
<:fOLD,
past
Freights closed at
and Coininercial. lOSialOSJ.
steam and 5-!G.l.((i)|d. by sail to Liverpool, Ic.
gold by steam and Ic. by sail to Havre, and Jd. by steam *,o
103JgllO|,
5-ltid.(Vi:|d.
Friday
6>K)
Included in the above totals are, from
Below we give
BRE ADSTUPFS.
1,71) t
683
Total
Total
2,ll<i
by
Hamburg.
P, M,.
May
28. 1878.
has shown less buoyancy of tone the past weekReceipts have been more liberal, and receivers have been inclined
to meet buyers readily, yet the decline in the low grades does
Flour
Shippers have taken several thousand
Western and State from Spring wheat at f7 30»
|7 3,') and |7 40. The demand for flour for shipment to the West
Indies, in the range of |7 75@|8 25, has also been good, and No.
3 and superfine have been salable for the British Provinces. The
medium and better grades continue scarce, and althorgh the
demand has materially fallen off, prices have remained firm.
Today, there was a fair business in low Western extras, at f6 00
@$7, but the market was generally quiet.
Wheat has been inactive and depressed, especially for Spring
growths; Winter wheats, whether rfd, amber, or white, have
continued so scarce as to afford little basis for a market report.
Receipts of Spring wheat have been moderate but the shipments
eastward for the three weeks ending last Saturday were nearly
not exceed 1 0@1.5c per bbl.
barrels of extra
;
By TSLEORAPfl FUOM LlVEllPOOL.
Liverpool, May 23—5 P. M.~The market opened steadv and closed quiet
an I easier to-day, with sales footing up 12,IHI0 bales, iucludinj? 2,000 bales
for export and speculation. The sales of the week have been 7(i.000
hales, of which 7,0tK) bales were taken for export an<t 4,000 bales on speculation. The stock In port Is 751,000 bales, of which .352,000 hales are AmeriCJin,
The stock
which
of cotton at sea,
215,040 bales are American.
May
Total gales
Sales for export
61,000
7,000
Sales on speculation
fi.OOO
ToUl stock
Stock of American
•.
Total afloat
American
afloat
The following table
bound
2.
will
Sat.
Price Mid.UpI'ds. 8,'-i®
Orleans aXiJ
741,000
842.000
577,000
223,000
to this port is 631,000
May
9.
May
bales, of
Miy
16,
28.
92,000
10,000
9,000
74«,000
366,000
76,000
7,000
4.000
'751,000
f.88,000
601,0(10
200,000
200.000
611,000
215.000
68,000
5,000
8.000
7SO.0O0
871,000
S.j2,000
show the daily closing prices of cotton for the week:
Mon.
Tuee.
Fri.
Wed.
Thnrs.
••
8r#(<J....
9V »)i®
93<
8T<a...
6,'^®....
9Xa 9X »X^ 9H
87i<a ••
9>ia 9><
Trade Report— The market ^or yarns and fabrica at Manchester
is
8J<(a
9}0
Arm.
9<4
four million bushels against about a million bushels in the corres'
ponding periwl of last year in the meantime the receipts at the
;
Western markets show a considerable increase, and the visible
supply is well maintained. Ocean freights have also advanced,
and thojforeign advices have been barely steady, so that there
nothing but the confidence of holders to check the
of prices. Late sales embrace inferior and
rejected Spring at |1 2.5(31 40; No. 3 at |l 5091 55; No. 2
tl:iicago$l 58 dl .59
No. 3 North West at |l 63@1 63; No. 2
Milwaukee |1 65, and No. 1 Spring |1 70@1 73 also No. 2 Milwaukee, for arrival early in June, at $1 62idl 63, with business
has been
downward tendency
;
;
and
owing to
reported in the same grade at |1 58 for the last half June
the
first
half of July.
To-day, the market was firmer,
THE CHRONICLE.
698
Week May
April 2fi, '73.... 188,ti68
April 19, '73.... 2..»,119
CorrespoiirtinKweek'72 181,469
prices.
com
'
com
Western markets, as well
at the
as the eastward
.
and new yellow
.
,
parcels at 95@97c.
Tlocr.
I
Baperfine State and West-
em...
Extra State, Ac
Western Spring
^
|
bbl. $6
7
Wheat
00®
16®
6 40
7 40
6
90®
7 30
2o
7 75® 9
do double extras
do winter wheat extras
8 00@11
and double extras
City shipping extras.
City trade and family
7
.
1
I
52,210
6.525
357,269
424,512
1,300
30,874
170,718
.
.
I
I
Same
1,021,768
104,9(18
2,262,595
2,597,926
3,623
537,800
3,097,8.30
KKW TORK.
-BXPORTS FBOM
TOBK.-
799,181
75,013
899,831
6,596,092
18,416
969,835
2,031,792
^
1873.
.
Since time Jan. For the
Jan. 1.
1, 1872.
week.
week.
.
NBW
1873.-
For the
i'lour,bbl8.
|
Qraik.
Wheat^No.2 9pring,bush.$l 59® 1 66
No. ! spring
1 70® 1 72
Ked Western
1 75® 1 90
Amber do
! 95a 2 05
White
! 95® 2 20
Corn-Western mixed
B3@ 68
White Western
72® 73
Yellow Western
65® 70
Southern, white
78® 8)
Hye— State and Canada... 95® 98
Western
95® 98
Oats— New Black
49® 50
Chicagomixed
60® 52
White Western, &c
55® 68
Barley— Western
75® 85
Canada West
1 10® ! 15
Peas— Canada
1 20® ! 60
26.661
3,332
304,341
200,485
30
397
1872.
.
Since
Jan. 1.
For the
446.095
16,662
week.
,
8.37,045
68. .'562
67,618
2,670
1,895,765; 202,159
4,629,605
26,323
37,310
11,088
,
Since
Jan. 1.
7,618
2,743,124
5,484,941
234,228
1,075
ToUl
3.39,312
(196Ibs.) (601bs.)
Chicago...
5,3,643
..
Milwaukee
37,8a2
Toledo
7,7.30
Detroit
Cleveland
Bt.
5,386
•4,325
24,232
Louis
,
222,713
456,944
65,338
60,488
12,460
26,810
58.848
15,732
15,050
132,4.30
"
"
'70.
•69.
'68
Total Aug. ! to date
Same time
1871-72..
119,990
120,545
81,449
,4.694,760
,4,221,029
Siane time 1870-7!.,.. 4,684,456
Same time
1869-70.... 4,951,608
19, '72. 6,056,350
10,931
6,186
1,854
6,350
16,406
distribution of groceries during the past
508,263
688,096
7.30,338
623,a'50
670,494
827,846
657,099
S3, 1878.
week has
TBA.
There have been no auction sales during the week, and the position of the
market is perhaps a shade more favorable than it was at the time we last
wrote. The unfavorable resalts of the laat sales, as we expected, have effectually prevented the sale of any more goods at auction, holders being indisposed
to press offerings through channels which the principal jobbers do not countenance in the present state of the market, and which are only patronised by a
class of buyers who will not take more goods than they want at any price.
The line business has rather diminished than increased, and the call for
invoices is correspondingly light. Oolongs are very weak, and quotations are
entirely nominal. Greens show quite as much steadiness as they did last
week, and these, as well as Japans, are not quotably altered. The transactions
since our last have been 2,600 half chests Greens, 1,100 do. Japans and 600 do.
Oolongs.
Imports at this port the pa?t week have included 1,003.090 lbs. Green, and
65,873 do. Japan, per " Omba," from Shanghai, and 12,360 lbs. Black, per
" Irvine," from Hong Kong. The indirect importations have ineluded 150
pkg;^. by steamer.
The following table shows the Imports of Tea into the United States
bn»b.
7,270
3,712
from January
1
to date, in
lS73and lb72:
Black.
Atlantic ports, 1873... lbs.
Atlantic ports, 187i
.
Green.
Japan.
11.15B.o99
11,930,979
12.23S,0;2
12,370,290
7,937,J75
5,803.38«
,
Totsl.
Sl,329,88«
29,504,655
The indirect receipts at New York, principally overland receipts from San
Francisco, have been 47,646 pkgs. since January 1, against 68,464 last year.
Imports at San Francisco from Jan. 1 to April 30, were 168,825 lbs. of Chins,
1,016,030 lbs. of Japan and 200 lbs. of Java tea.
* Estimated.
Shipments
4,689
29,19!
88,036
been only moderately active. The retail trade continues pretty
good, but the season is too far advanced for any great activity in
the jobbing demand, and grocers are restricting their purchases
to the limited amounts required to keep up their assortments.
Sugars have been weaker, and quotations both in raw and refined
goods are reduced a fraction. Molasses is a shade lower in the
refining grades, but strong in grocery qualities. Tea has not
sold very actively, but is held with as much steadiness as at thn
time of our last report. Coffee is quiet, but very strong.
882,850
452,636
694,730
68,042
21,269
65!, 178
932,119
662,886
84,600
19,240
441,220
511,489
1,514,433
37,027
3:3,394
965,328 1,446 277
483.632
17,715
36,097
1,156,088 1,121,473
5.38,564
36,151
37,691
725,058
442,832
834,924
4,844
13,564
689,691
640,791
364,309
,.
,956
5,613
40,025,001 44.855.845 19,721,509 8,9.>3,'035 l,56n'956
34,171,04! 46,251,289 20,869,936 6,153.32; 2,494 506
37,039,.52H 26,745,202 !5.810,:M! 6,!56,572 1 409 343
40,i72,878 32,300,003 12,958,522 3,256,819 1,352; 47!
.
May
loidoo
9,858,894 3,324,482
9,461,322 3,4.68,674
10,030,870 3,540 907
9,686,400 8,455,973
11,571,291 3,701.346
11,783,415 3,779,760
11,332,233 3,705,328
Fbidat EVBNIK8. May
15,991
Total
135,!48
Previous week
119,665
Oorresp'ug week,'72. 92,8:)!
"
'71.
%,886
Apr. 19,73. 7,045,745
Apr. 12, '78. 7,400,001
14,574
bush.
202,429
565,470
28, '73. 6,723,690
The general
(661 he.) (32 lbs.) (48 lbs.) (R61hs.)
385,590
237,480
11,805
10,287
8,980
129,412
27,268
1,060
^,966
Dolnth
bush.
200 962
341,788
407,634
Apr.
"
7,.398
37,154
60,000
40,000
281,071
800,662
85,200
17.5,000
1,164,241
3. '78.. 6,821,054
"
758
441, .335
1,982,078
10, '73. 6,408,820
7,460
150,000
7,025
14.112
8,286
GROCERIES,
:
bush.
46,076
26,000
158.774
114,896
• Estimated.
BSCBIPTS AT LAKB AND RIVER PORTS FOR THE WEEK ENDING
MAT 17, AND PROM AUG. 1 TO MAY 17.
Flour. Wheat
Corn.
Oats. Barley. Rye,
bush.
21M32
49,477
45,000
427,689
41,202
May
"
The following tables show the Grain in sight and the movement of Breadstufls to the latest mail dates
bbls.
285,'66i
75,405
870,000
340,327
7,472
249,893
66.090
160,000
50,000
15,038
406 438
1,031
108,654
25,000
& in transltiMay
"
"
"
24,617
36,700
1,342,060
304,000
6,363,038
Total in store
bush.
190.050
111,000
20,(109
8,400
488,526
476,247
740,000
111,404
Lake Shipments
llall shipments for week
Amount on New York canals
inbreadstuffs at this market has been as followe:
-BBOBIPTO AT
0. meal, "
Wheat, bus.
"
Corn,
"
Rye,
Barley.&c.
Oats.
|
I
50
8 00
60®
brands
9 00@11 00
Southern bakers' and fa
milybrands
9 60®!! 75
8 00® 9 00
Southern shipp'g extras.
5 40® 6 00
Kye Hour
Cornmeal— Western, Jfcc. S 25® 3 50
Corn meal—Br'wine, &c. 3 60® 3 75
.
I
I
extras
The movement
1
15,650
33,646
77,092
60.938
392.725
13.000
1.218,192
4,691.853
35,000
52,.552
doing better, but at the advance the ofFerings have increased- InstoreatSt. Louis
at Boston
Yesterday new No. 3 Chicago sold at 51c. afloat, and old do. 55c. In store at Toronto
In store
in store. White oats scarce, and brought 56i@58c. on spot, and In store at Montreal
tn storeat Philadelphia*
55c. ior the last half of June. To-day, the market was very firm, In store at Bal timore*
:
bush.
bush.
bush.
65c.
but quiet.
The following are closing quotations
180
26,474 bush. peos.
In store at New Tork
In store at Albany
In store at Buffalo
In store at Chicago"*
In store at Milwaukee
In store at Uuluth
lu store at Toledo, May 10
In store at Detroit
In store at Oswego*
I
receded a little, a cargo selling at 98c., and small
Barley is entirely nominal. Oats have been
Rye has
—
60,
The Vi81 blk Supplt of Grain, including stocks in store at
the principal points of accumulation at lake and seaboard ports,
in transit by rail, and frozen in New Tork canals. May 17, 1873:
Barley.
Wheat,
Com,
Oats,
;
delivered,
And
•
movement
since the resumption of inland navigation, have been much
smaller than last year. To-day, the, market was firmer, but
unsettled good new mixed afloat sold at 64c. ; old do. 67@67^tc.
295
188,149
147,477
a, '7,3
Week,
Week,
declined on Tuesday to 62e. for new " steamer
mixed and 64c. for " sail do. afloat, with sales of old at 631(0)66^0.
in store and afloat. Since then the market has slightly gained
Strength, and yesterday "steamer" mixed sold at 62J@63c., with
prime new yellow at 65c. White corn is firmer. The receipts of
Indian
24, 1878.
40,S48
6M
409,225
876,478
41.084
217,440
;<21,S36
688,245
203,310
13,110
629,7.39
3ti9,189
204,698
54,161
738,452
409,026
358,521
120,271
1,561,219
405,364
"
TotalJan, 1 to date ..3,098,142 8,653,745 10,885,836 7,113,176 1,011,879
Do. dame time 1872. ..2,680,754 2,869,086 17,057,915 6,209,702 1,077,182
Do. same time 1871 . 2,633,4i2 4,889,568 9,23.3,510 3,243,774
449.188
Prevlons week
several days
reportB of a break in the canal which will require
and a moderate buginess was done at about one cent
to repair,
advance on the above
[May
cufpee:.
Flour and Grain from the ports of Chicago,
Milwaukee, Toledo, Detroit, Cleveland, St. Louis and Duluth,
for the week ending May 17, 1873, and from 'January 1 to
of
has been somewhat lighter this week, and this branch of the
grocery market is showing the same indications of approaching summei that
are visible in the other departments. There has been a fair call from jobbers
May 17
for all grades, but the sales of the India coffees are on a very limited scale.
Flour, Wheat,
Corn,
Oats,
Barley,
Rye, Thp restricted transactions in the pale grades are due in a groat measure to
WeekeodinR—
bbls.
bush.
bneh.
bnsli.
bnsh.
bnsh. the reduced condition of stocks. The stock remaining in first hands is chiefly
May 17, 1873
134,021 2,323,814 1,366,320
681,733
83,593
17,900
of the high grades, which are not re;idily marketed, and to ill their wants
May 10, 1873
137,665 1,477,87! 1,322,919
294,312
63.480
11,8:34
Corresp'ng week 1872 116,918
488.846 2,818,184
4.35,198
14,034
34 184 buyers are forced to substitute the Brazil or Java grades. Maracaibo is enCorresp'g week 1871.
89.9119
81)8,061
12.7.i5
1,17!,583
278,339
3,477
tirely sold out, not a bag remaining in first hands. The market is very
Corresp'g week 1870..
95,898 1,220,862
872,.588
222.173
13,872
17,190
strong on all grades, and closes w ith a fair trade Inquiry for this stage of the
Corresp'g week 1869.. 13-<,446 1,071,868
482,649
194,002
2.700
7,463
TotalJan. 1 to date.. 2,098,642 7,823,977 !0,02!,294 4,655,653 1,442,S40
season. The sales are 3,586 mats Java, 850 bags Java, 634 do. Costa Kica, 660
159,204
Bametime 1872
1,371,758 2,448,926 16,886,226 3,260,819
840,725
.363,279
Porto Rico, 100 Curacoa, sold Into consumption, 400 bags St. Domingo shipped
Same time 1871
1,341,095 8,3:37,346 12,271,606 2.174.101
334,241
160.229
to Hamburg; 1,003 bags Eio, ex "Ontario," 3,151 do, ex "Passidns, " 6,810
Bametime 1870
1,358,349 7,6.68,864 4,!13,B21
272,759
148,669
J,377,750
ex "Ceres," 650 do. ex "Palladin," ISXc; 1.225 do. ex "Flamsteed," 567 do.
BKCEIPTS OF FLOUR AND GRAIN AT SEABOARD PORTS FOR THE ex "J. L. Pendergast," 2,033 do. ex "Foreningen," 3,300 do. ex "Lamoine,"
ENDING MAT 17, AND FROM JAN. 1 TO MAY 17.
3,303 do. ex "Homely," 4,000 do. ex "Talisman."
Imports the past week have includ»d 10,871 bags Kio, per "Ontario,"
Flour, Wheat,
Corn,
Oats,
Barley,
Rye,
4.8!8do. do. per " Adolph Fredholm;" 480 do. St. Domingo, per " Weyhosset,"
bbls.
bnsh.
At
bush.
bush.
bush.
bush.
Trade
in coffee
WEEK
Ne« York
Boston
Portland
Montreal*
Philadelphia
Baltimore
New Orleans
54,223
25,660
9,100
55,780
14,303
16,a34
17,144
213,828
4,997
277,680
32,600
1,925
271,948
91,000
219,650
90,837
156,2n5
6:3,600
20,079
232,656
34,700
1,980
and
12,3.62
"
192,544
448,699
j£
986,540
423,710
18,052
360
I
'
22,
and the imports since Jan.
New
Phlla-
Baltl-
1672
....
...
In 1872
267.5S3
246,894
S.OIW
4.012
18,869
20.5TJ
143.560
141.Si4
sorts the stock at New York, May 22,
ports since January 1, 1873, were as follows:
Of other
New
York, delphla.more. Orleans.
63,261
113.583
.. 1 Same date
860ll-nport8
-^^
Total
InBags.
Stock
.
96.266
20,600
37,675
2,757 do. sundries.
The stock of Rio May
700
4.005
1.644
89,613
59.5K7
1,
1873. are »« follows
Mobile,
Gal-
ftc.
VMiwa.
'^,000
6,000
12.189
21.609
'.'9,81.
L?'.".'..
99,1,14
177,983
21.592
6.212
B(0.7f,7
4E9.D36
and the imports at the eevei al
May U,
THE CHRONICLE.
1873.J
699
^New York—,
In bags.
Java and Singapore.
Ceylon
Maracalbo
tl.3r«
8,782
Laffuayra
St.
Blee.
Bangooi drat
i8.93»
48,SM
80
sa.io;
"m
Msce
Total
time, 1872
n2,S«5
ja.TtB
9<,379
gams
81,907
i4,««a
iiS'M
44<
2i,ei8
Inclndu mata, Ac, rednced to bagi
i8g,i«i
t Alio
HVaAU.
and are readily
acccptlni^ a decline of
than was noted In onr last report. Refined sngars have been weak, with light
sales of all but tho most prominent makes, which arc still well sold up.
Hards aro off a fraction, closing barely steady. Softs are also lower, and
lack steadiness, especially on yellow sugars, which aro dull and very weak.
We reduce qnotatlons and purchases could bo made oven below onr rates.
The sales since our last are 1,533 hhds. Cuba muscovado TKSSXc.; 696 do.
Porto Rico, 7>^(a8%c.; 313 hhds. 7 tcs. and
bbls. Martinique and Gnadaloupo, 7>^c.; 45 hhds Demarara, O^iic; 60 do. clarified, lOj^c; 10,129 boxes,
Including Havana, at 7c.; centrifugal, at 9>i®9>ic.; molasses 7X®7>ic.; clayed
M
on private terms; 68 hhds.
St.
^»
13T1
....
61.Sf7
61.04S
62.973
45.011
89.813
66,931
2S9.9*!
67,239
312,420
6.907
8.241
8,866
inOLASSEil.
The inquiry
been light during tho past
week, and the tendency of the market on those descriptions has been rather
in favor of buyers. A cargo of Cuba clayed was sold late in the week at 31c
and tho range on Cuba grades has been reduced about 2c. per gallon for all
descriptions. The stock here, according to latest counts, is 2,194 hhds. Cuba,
all new crop, the old stock being*all cleared out.
There has been considerable activity in grocery qualities, two cargoes having been closed out
at prices within our quoted range. The trade are buying moderately of lota
for current distribution, and prices continue to rule fairly steady. The stock
of English Islands has been rednced to 127 hhds., while of Porto Rico there is
but 140 hhds. New Orleans continues to job fairly, and with only 1,800 bbls.
in stock, prices are very firmly held. Syrups sell moderately without any
essential change in quoted values. Tho sales of molasses include 396 hhds., 86
tcs. muscovado, 30c.; 150 hhds., 8 tcs. Cienfaegos, 3Gc.;
XOO hhds. centrifugal Cuba, 18c.; 90 do. Porto Rico, in lots, 45@60c.; 208 hhds. and tcs. do.,
33@38c.; ISO hhds. new Barbadoes, 45c.; 495 hhds., 79 tcs. and 114 bbls. St.
Croix, on ptivate terms.
The receipts at New York, and stock In first hands May 22, were as follows
Demerara,
P. Ulco,
Caba,
Other
H.O.
•hhrtB.
•hhds.
"htads.
•hhds
bbls.
Imports tblsweek
1..S69
3,950
1.087
for refining grades of molasses has
.
"
"
since Jan. 1
41.703
42,781
sametlmel872
Stock In
"
first
3.191
5,799
4.79S
3,185
hands
"
1,4J7
6,963
7,864
same time '72
same time '71
2.993
9.917
iiO
24.016
35.499
127
489
140
do
I
Nutniega, casks
<lo
case Penang
1,800
600
»o6
nw V
Kal8lnB,8eeaieas,
gs
99
frail.
a
«
Laver, 1372,
Hnltana,
» box.
3
1o
Valenela,*
•
39*
2'a
4
do
do
VB
12X0
7Ma
do LouseMnsoata)s....2
CarranU,»ew
Vft
40
Citron, Leirboro (new)
88
13
Prnnes,fPrencb
Prunes, Turkish, old
new
do
Dates
Cliis,'
SinvrMS.
.
—
.
Canton OlnKer. Crtse
Almonds, I.ant;iiedoo
do
TarraKOna
do
do
do
do
«
{i
new
^
1 1
Pepper, In bond
(gold)
(fu Bums ra 41 BlDaapom ii"8 «6"
u Pimento, Jamaica. .. (gold)
do
97K Cloves
....
do
20
« 80
.
...
U
|
:
8
BU
'
l)i
A
17
'
I
40
lit
32
19Xi
In
bond
do
la bond....
do
do
do
UK*
Alrlcan PeanuU...,
Fllberu,81clly
ii-
33
box.
at box,
hi.
.30
19
IP
Bareelona
do
WalnaU' Bordeanx
Macaroni, Italian
lis* ii"
DOUasTIO DXISD FaCITS.
Apples, SUte
do
I
do
do
do
do
'^i
18
V ».
tM'
•
sliced
Western
8
do
i-g
18M
a
I
SnutlieiD, quarters
SH'S
VS
sliced
6
allc*.d.
fancy
s
10
...
Peaches, pnrcd
.
18«
Sicily, sort shell
Bheiled, Sicily...
paper shell ....
Sardines
•ardlnes
Brazil Nuts,
02
a
SJ^a
7 a
w k. 8Xa
7 8" a
Ivlca
a
a
a
J'*
a
SXa
~
anpared,qrs4khlve
t
Blackberries
Cherries, pitted
18
V •. ...
bnsb. ...
do
Puanut8,Va,tr'dto(nRX oil 1 10
do _
no new...
I 20 21 Ml
l«
79
do Wi|..v'dtobnt1 do
FecanNnis
Hickory Nuts
V
ICItestonts
a
a
.
THE DRY GOODS TRADE.
Croix, 8Xc,
Imports at Mew York and stock in first hands May 22, were as follows :
Cuba.
Cuba. P. KlCO.
Other Brazll.Manlla,4kc.Melado
bxs.
•Uhds. •hhils.
•bhds
hhdii.
Imports this week.. t6,464
9,374
1.523
887
"e'.f^
1.3S1
since Jan. I. 155.(i|8
148.260
16,30S
19.601
162,293
817,439
S3,(«5
• same time, Ti 179,300
139.167
13,246
34,8:9
7;,574
371,083
14,012
Rtoek In first hands.
Same time 18T2
37
lOua
17 ai
Fralts and Nats.
ii&H<:. from our last quotations. Tho supply In tho roanerles Is not excesbntwith no activity In the demand for refined goods, It Is ample to meet
all of the current roqulremeuts of the trade.
The market shows less tone
S.,
(•!
iCarollna
Ulovoitrinn
sive,
8««a8>fc.; 100 hhds. Trinidad, P.
and 2,000 molado.
3«
37
7jm miu.
Thegrocorybtt«lnoB« hag ;f alien oflf Bomewhat dnrin^; the week ; and with
stocks pillnjf up nnder froo arrivals, rcfinora have fonod the market for raw
goods rather leaning In their favor. Holders have shown more anxiety to
close out their stocks late In tho week,
a
....$
(^ala. In cases... gold V lb,
Cassia. In mats. ..r
do
'JIUKPr, luce and At (gold)
la'JBo
8,5W
a,sna
••
d, gold in t.0Bd 3!V« 3
448
ijasi
6,5^0
Domingo
otnar
•
Boiton. Phltadel. Halt. N. Urie't.
Import. Import, impart. Import. Import,
"mport.
atock.
The trade has failed to show any improvement during the past
week, and dealers have about given up the idea of any revival of
business during; tho season, except, perhaps, as the warm weather,
which must soon set in in earnest, may give an impetns to the
trade in light fabrics, which has thus far been very unsatisfactory
and unusually backward. The retail trade seems generally to be
fairly liberal, although [the weather has been too cool to cause
much activity. Collections are ma ie with a fair degree of ease,
and the finances of the trade seem to be in a fairly healthy
condition, notwithstanding tlio many drawbacks that have been
experienced in the way of dull trade, heavy stocks, and low
prices.
The Spring business will not result in much profit to
the trade here, but manufacturers have been rather cautions, and
the stocks in the market now are really not excessive, so that the
season will close with the market in a good condition to receive
Fall stocks. Importers hold a considerable amount of surplus
stock, and this branch of the dry goods trade is feeling the dulness of the season as much aa any other department. We hear
of no suspensions in the trade, nor are there rumors of any
serious financial troubles.
Domestic Cotton QoODS.^There has been but
little
trade in
the market during the past week, and we have very few changes
The market continues weak, with the general tendency
to note.
favoring buyers. Brown sheetings and shirtings of the principal
makes
are steady in the best grades, although the sales are not
Standards remain well sold up, and are fairly steady.
Bleached goods are in light request and are somewhat irregular
pons
from January 1, 1873, to date, have been as follows
Colored cottons show
in price, especially on the lower grades.
-Moiaases.-no essential change, but remain fairly steady on most lines
•Hhds.
tBaKS
-•HhdB.-Boxes.1873.
1872.
1873.
1872.
1873.
18T2.
1872.
1873.
Prints have been quiet
and with cloths weak and lower, goods
55,432
Hew York .... 155.048 tl79.8ro 215,194 181.304 479,721 442,609 53,103
572.646
21,467
Boston
8.0tt1
5,391
23.841
27.63 776,127
23.125
can be bought at a reduction from the nominally quoted rates.
22.«I9
6,5b7
27,008
17,613
45,126
13,536
42,840
Philadelphia... 11,002
9,831)
21,160
51.300
49,479
11.353
9.103
Baltimore
23.995
81,153
The production of light effects is now very small and stocks are
8.400
4,002
1.331
3,824
21,589
5,:28
New Orleans... 31,4;7
well controlled, but the lateness of the season makes holders
331,471:813,378 :279,894 1,319,207 1,043,003 116,333
135,628
Total
220,173
willing sellers at prices under the quotations, the latter being
* Inetadlntr ttt^rces and barrels reduced to hhds
insisted upon for the best makes only. Other cotton fabrics are
t Includes baskets. Ac, reduced.
PRICES CURRENT.
quiet and weak, without essential change.
Tea.
Domestic Woolen Goods. The market for woolen fabrics
Hyson Sk. A Tw. C. to fair,
SO a 45
Hyson, Common to fair
The tailoring trade
is entirely unaltered and remains very quiet.
do
do
Sup. to fine,
do Superior to fine.... 50 a 66
do
Kl.l.tofln'st
do
do Ex. flne'to finest.... 70 a 80
are taking out small lots of choice light weight goods, und beyond
Uncol.Japan.Com. to lair.,
Toung Hyson, Com. to fair. 36 a 35
Sup'rtoftnp... SO a 60
do
do
Super, to fine. 42 a 60
The sales of
this there is very little doing in Spring fabrics.
do
Ex. I. to finest. 65 al OD
Ex. fine to finest 75 ai 00
do
Oolong, Common to lair.... 35 a '=2
43 a 55
Sunpowder Com to fair
heavy weights to clothiers continue on a limited scale, but the
do Superior to fine.... 39 a 43
Sup. to fine.. 65 a 80
do
do Exflneto finest
50 ai oo
do Kx. fine to finest. 90 au>
market lacks activity. Prices are very much unsettled and aro
88 a 50
Sonc. A Cong., Com. to fair, 22 a 32
Imperial, Com to filr....
loperl
55 a 70
do
Sup. to fine
Sup'rto fine, 40 a 55
not likely to become more fully established until the market
Extra fine to finest 75 a 90
do
do
Ex. f. to finest. 60 a 90
gains activity and a steady business sets in. The position of the
CofTiee.
wool market remains unfavorable for goods, it being dull and
gold. 19i<a!9M Native Ceylon
gold. ]S)iai9X
BIO Prime
.
3,000
Imports ot Saear dc Molasses at lea<IInK ports since Jan.
The Imports of sngar (Including Melado), and of Molasses at
.
.
liberal.
I,
the leading
,
;
WHOLESALB
—
I
do good
do fair
.__ _
do ordinary
Java, mats and bags
Javamats.br jwi
gold.
gold.
gold.
gold.
gold.
:8<l^«19
I8)4ai8K
Maracalbo
Lagnayra
t
"
'
,
St Domingo
.lamatca
'.'X%\S
20>i921K
31
a22
I
IMocha
gold. 18Xi»l9^
'
gojd. " «19H
19
gold, IS ffil6H
gold. 18
.gold....
7
a
7H
Havana, Box, white
I
9yaiOV
Porto KIco, refining grades... 7 a ?
7X» 8
grocery grades.... 8Va 9)<
a SK ~ do
sxa 8H Brazll.bags
6va 8K
Manila, bags
7 a 74(
r. to choice grocery...
8Xa 9
do centrifugal, hhds. *Dxs. S^a 9K WhlteSugars.A
.- ..I
10X910X
do B
4 as
do.
lo Melado.....
10X9....
do extra C
do
16 ^irx
lo molasses
6Ka 7V
Bav'a,Box,D. S. Nos. 7to9... 7 a 7y Yellow sugars
8Xa 9X
1
I
|
do
do
do
do
do
do
do
do
do lOtolS.. 8 a 8X Crushed
do lStol5.. »Xa 9!« Powdered
Granulated
do 16tol8.. SX'SIO
do 19to30.. lOxaiOH
inolaaa4Hi.
Kew Orleani new
Porto Blco
Cuba Mnacovado
I
»....
llXallX
lOXall
I
V
gall , 65
85
80
aso
a6o
a82
I
mba Clayed
1
Cuba centrifugal
I
English Islands
nds...
39
18
25
Foreign Goods.
—There has been
'a little
selections of light dress fabrics and other
SDsar.
Cuba, Inf. to com. refining.. .,
do fair to good refining
do prime
do »lr to good grocery..,,
depressed.
a3i
a22
aW
more
call for choice
goods adapted especially
These fabrics are offered in liberal amounts
to summer wear
and are held with a fair degree of steadiness. Staples are quiet,
but are fairly steady. Other goods are more or less irrep-nlar,
.Tore
and the market is without notable features not
recorded. The auction houses have nc difliculty in getting all
;
the goods they want, but
prices at all satisfactory.
.
.
:
is not so easy to place offerings at
Quotations are nominal. The imports
it
are light, and stocks are slowly decreasing.
annex a few particulars of leading articles of domestic
We
manufacture oar prices quoted being thoae of leadin«:^)obbers
'
Browrn SIieetiuBS
and
SililrtiiisK.
Width. Price.
10
Asaw&m F.
9
30
Albion A
It
S6
Adriatic
A
AtlHtilic
13X
14M
do 11...
do n..
Appleton A.
do
N.
1)
)3X
11)^
Bedford R..
Boott FF
do H
.
W
D
1!
Cftbot A.
...
12¥
DwightX...
T....
do
10
11
12
J2
19
33
do
Z .... .36
Indian Head. 7-8
do
.. 48
Ind'n Orchard
A
BB.
do
do
do
C.
W
LaconiaB...
10^
.
.
.
14X
J'X
14>^
...
U«
A
Bedford
Cocheco
10
8
Manchester
MerrlmacDdk. ..
pk and pur.
do
W
!0>f
13
do
Shirting
11
11
11
11
11
11
Hartel
Pacific
15
19
Richmond's
Simpson Sp'g styles
do black Awhile.
Sprague'sfan
30
85
40
45
1«)4
55
30
20
liauia.
Amoskeag
Glasgow
Gloucester
Hartford
Lancaster
do
42
do
46
Audroscog36
gin L
ArKwri'tWTSS
36
Auburn
Barnsley.
Bartlotts
do
do
.
.
...
...
Bay
Mills
Bates. BB..
.
do
do XX.
.
as
31
33
36
86
36
45
36
15Jf
17
'.8X
IIX
Lewiston
12)^
Ontario
Union
15K
10
12
13«
l*H
17
16>i
19
AA...
9X
Cordis
36
ar'tFallsA .32
33
do
M
Q
do
do
AAA.
No.
No.
No.
No.
No.
No.
do
do
do
do
do
do
32
2.
3.
4.
5.
Stark
do
C
11
Caledonia,
lG-lfi,V
22X
Mills 36
Peopcrell ..6-4
do .... 7-4
do .... 8-4
do .... 9-4
do
..10-4
il-4
5-4
di.
Pequot
do
16
18
20
22
21
25
16
18
20
22!<
24
8.
9..
do. 10..
50..
do
do
80..
SO..
do
Park, No. 60.
70..
do
do
80..
90..
do
100..
do
21
25
27>f
30
35
40
46
24
26
24
34
Nntjf'Is.blne
on
1
do
do
do
do
4
3
1
1
Bigelow Brus 5fr. 2
do
4-fr. 2
.
Pkee.
MaBBfactures of wool
,592
cotton.. 1,218
do
do
do
silk
7.59
flax
1,137
MisccllansouB dry goods.
479
Value.
Pkffs.
Value,
Pkes
$2.33,906
4!11
171.997
5'.7
320,8%
1,123
4?9
775
2,870
313.823
350,772
197,202
120,568
980
618,789
290 474
169.124
.i28
879
1,193
4,135
$1,583,682
5,418 $1,184,292
10
00
Value.
Manila, current..*
J231.992
200,516
Jute
206,409
194.577
93,971
HIDES—
Dry— Buenos Ayr. *»
cotton..
383
2')1
Bilk
flax
100
225
Mlscellaneons dry goods. 2,718
Total
Addent'aforconsumpt'n
3,677
4,1S5
$131,018
49li
$215,209
76,8%
43!
IU.926
la3,S15
59.236
32,403
145
.55!
160..V)7
$404,0H8
1,5S3 032
2,736
4,360
6,418
120,830
46,196
$663,698
1,184,292
1,401
$537,928
Addeni.'dforcoaBtimpt'n 4,185
1.583,68i
TliUi eat«r«l at the port. 6.6S6 $2,121,610
7.019
5,418
$731,815
1,184,232
12.464 $1,916,107
"
"
"
Orande
Orinoco
8,947 $1,017,485
Itlo
••
"
"
Maracalbo
"
Babia
Drv Salt.— Maracalbo.gold
California
S24
479
$220 691
142
408
3,651
1,50,214
ciiiii
"
106.123
34,710
Pernambuco
Matamoras
'•
5,207
3,947
Totalthrownnponm'k't. 7,812 $1,987,750
9.778 $1,847,990
9,1.54
ENTERED FOB WARSaoITSINa DDRINS SAKE PERIOD.
4.52
$174,583
Manufactures of wool
618
$92fl.87«
4,53
331
cotton..
111,261
497
do
180 187
262
lis
121.815
Bilk
do
12.n
107,446
71
77.9i)l
31c
flax
578
do
1.52.297
416
52,868
5,250
Miles laneouB dry goods. 181
65,009
8,730
T-.tftI
«ld
Montevideo.
4,932
8,917
161,703
"
"
Bahla
•Wet SaltedBuenos AyreB..»lb gold,
"
Para..
»676,4:i
1.017,485
...
0.3
HOPS— Crop ot
$461,922
1,017,435
'
*»
rH
fX
3
4 60
a
a
a 2
»2
:>A
.i
40
75
9
i)0
fi
wa
UXa
7
S5
7>aSf0
3
25^ s 5n
2 75ii S 35
.3
.
9Dal ScK
1
94*
Whiskey
.
itii'H
nx^
"
" a
•
American machinery
American German spring.
a
12
....
SDOAli-See special report.
TALLOW— American* »... fxa9
1-16
TEAS— See special report.
TIN— Banca...* B.gold
J7X
Straits
00
English
a
....
., a
a
S.-
3'.
••
Plates. I. C.char. * b
Plates, char. Terne "
r«
10 25
11
«,
u
SIX
00
ai: 00
TOBACCO—
7Xa B«
Kentuckv lues, heavy,
a
a
a
"
leaf,
9
leaf. Conn., wrappers. 45
"
"
Ollcrb....
10
wrappers
22
Pennsylvania
Seed
a
77K@1
wrk.!« a
lUvana. com. to tine
Maunfac'd,ln bond, dark
••
•
bright work. 20
15
55
15
6"
10
25
45
WOOt.-
Amerlcan.S'ionTFIeece *tt
American. Vull niood Merino
American, Combing
19
18
15
17
16
48
4S
68
is55
^,S4
C"63
Extra, pulled
No I.Pnlled
2S
.is
^56
28
n«
Medium
Common, unwashed
South Am. Merino unwashed
Cape Good Hope, unwashed.
15
<eS8
26
-6
California Spring ClipFine, unwashed
(<.31
Flour ....* bbl
H. goods.* ton
M
s.
4
:
...
15
ton' 49
46
d.
,
«,
25
a40*
•no a....
* bn.
Corn
whe.at.bk.* b.
««*-yi
* tee. 56 a60
neef
OUT
y
'
rgrX
VhM.
> «
«
<
^r«
6*32
eS2
g24
lOViSIl
sail.
.
It.
rt.
»ie7-I«
a....
<S25
<asn
28
S2
27
27
20
*»
ZINC— Sheet
FREIGHTS—— STEAM
To LiTKEPOOi,
» »
Cotton
(JtSl
2i
Texas, One
Texas, medium
17
13
14
_
94s
English, cast,?d*lst on *» ii!Ka 23
lev
English. 8prlni.','M & Ist qu
^'A'»
English blister, 2d& Ist qu 14 a !SX
....a MS
American blister
....a 17
American cast. Tool
la '1
American cast spring
4 2~>
3 75
1
a U
-— •
Smyrna, nuwashed
IS)
,„,
13V,
.!^a
3X »
SH a
•
Gin, different brands
Domfnttr Hi7«ors—Cash.
A icohol (88 per Ct)C. &W.
OOa 60 00
00a 48 00
000 4i llO
_
48 00® 59 00
rig.seotcb
Bu reOued Kng.* Apar.Il0 00« ....
Pig. American Forge
„
.
,.
^
—a
*»
gold
"
'
Bum—Jam.,4tb pronl. "
St. Croix. 3rt proof...
19
10
40
40
8 50
^sT -^
l)randv,l'lgnb'ds..*>gal.gld?l 65215 00
12H
1872.. *»..
Crop of 1871
Crop of 1870
IRON- Pig. Am.. No.l.*
Pig, American, t.o. 2
!>!»
a
a
a
Si
35
60
1
SPIRITS
"X
"Calcut. city nit. *» gold
Calcutta, dead green
Calcutta, bufl'alo.* %
57,503
87.««6
l;*.
Plates,for'n.*100B.KOld 7 62H»7 e7K
Baet India Stock-
$185,696
97,914
8,879 $1,479,407
—
—a
—a
a
—a
a
cur.
Texas
$1,693,956
'HI
SX-a
* ». 9
Plates domestic
SPICES— See groceries report.
a 25H
a
a ma
25
a 2J
"
California
.lO
10
ll'«'^
lb
Tsatlci'. re-'-ecled
Ma22>
19
19
7<
7
8II.K-T8atlee,No.3chop»i»s 50a
..
95®
25
UK
&
fibush. 4 50
2 00
riaxsi'cd, Amer'n.r'ch. 2 25
s!^a
2>,a
Slaal
V
SEKD-niover
Timothy
Hemp, foreign
wna
A
.
;?X
alii 00
i*31 50
"O
'29
ReOned.pnre
Crnde
Nitrate soda
DO
iW Joai2j 00
American undressed
gold,2IU ')0a2is oil
Rossia, clean
,
new.
8ALTPETUE-
17
a
HAT—North R.Bhlp'g,*100»
HEMP- Am. dressed.* too.l 7?
..
a
4 00
12 iW
Cadiz
50
a
Shipping «< J5 It keg
Min. & Blasting
9
a
11
Llv'p'l.varioussorts....
2 65
1 10
2
i:!^a
GirNPOWDIIB—
8Va
Tnrks Islands..* bush.
Mackerel, No.l, shore .... 22 l<)®25 (»1
Mackerel, No. Mlalllax.. 1« 50*22 00
Mackerel, No. I. Bay. ... 17 0'ie2IO"
Mackerel, No.2,Mas» shore 16 O'laie 511
15 tioate 00
Mackerel, No. 2, Bay
FLAX-North River....* B
15a 18
FRUITS— See groceries.
under Cotton.
OUNNIES.-Seereport
SAME PERIOD.
do
do
do
17
i.5
78
19>sa
.
*cwt662Ke675
FISH— Orycod
WITHDRAWN FROM WAREHODSB AND THROWN INTO THE MARKET DUBINS TUB
jlanufactnresof wool....
a
a
a
(fold.
Corrlentes
Total..-
r.H
1
i«a
45
al
72
75
Tavaiiani.Nos. 1 42 ... ...•! iS? 8 ^5
6 8.>4
Canton, re-reeled No. 1 6
il'ii
a
611
SuKsrlead, white
Vitriol. bine
00
80
80
187.3-
»
—
a
1 ^'0
1
46
51
75
70
12
a
2 60
a
a
a
a
14
Hams, pickled
Lard
26
S9M8
~
"
a
Beel,pl:iinniess
Beef, extra mess
Beef han^B, new
41
...95 liK
Kold.
Soda ash
52)^
45
20
05
importations of dry goods at this port for the week ending
1873, and the correspondinji; weeks of 1873 and 1871
have been as follows
NTEGED TOR CONSUMPTION FOB TDK WEEK ENntNO MAT
1873
.
...
peroz.
ftbubarb, China....
32,
-1872
deksj.
OO
45
4S
73
68
50
Pork mess * bbl (new). .16 62i<al6
II 00
wU
forK.exlra prime
Pork, prlmeiness Clly..l7 01 aiB
03
50
SI'X
19
s;iis
Sal soda, Newcastle, iild
Shell Lac, 'M and Ist Lng
The
1871-
(fi6
Oiiicksllver
(ialnlne
IMPOaTATIQNS OF DRY GOODS AT TUB PORT OF
NBnr YORK.
May
vitriol
e
8
Aleppo
1
••
Llnseed,Cal..»l56«.ghl
'20
.
Opluin.Turk.ln bond.y-ld
i*ru8slate potash, yel'w.
Hartford Carpet Co
Imperial 3-ply.. 1
Superfine
I
Med. super
1
Body BrusSfra. 2
5X
1
a
a
25
.
25
PKdVlSTOHK-
S6^
e
."i
el
Napt^a,re(ln., 68-73 grav.
67
5Ha
*'
....
«40
20
Crude In bbls
KeOned, standard white.
345^(^
6 (^
Licorice paste. Sicily
Msdder, Dutch.. ..eold
Madder. Fr. K.X.F.F •
Velvet, J. Crossley
& Son's
best
2 65
do do A No 1.. 2 55
Tap Brussels.
CrosslevA Son'sl I5O-I 40
Eng. Brussels. 2 20-2 30
Kxtra3ply
1*..,
a
00
1
3
1 00
GtnsenK, Western
9
; III
fUnsenK, Southern
45
Jalap
(rood ft.flne gold
l,'\c dye,
LlcoriceTaste, tlalabrla.
35>ia
2SX
4nin.
V
Gambler
....
46>4
RICK— See groceries report.
^iH%
"
Ontch
m
Carpets
30
20
do
do Cambric 36
30-38
40
Bear duck (8oz.)
do heavy (9 oz.).
Checks.
Lonndale... 36
'44^o?]
60
...»»
Crndo, ord'y gravity, !n
bulk, per Ballon
31
33^
6
a
'•
(10
S 00 «3 10
3 62)4 a4 00
.3 '.15
«3 5C
00
4
5 23 «5 75
lll!<
8
Whale, crudcNorthern..
Sperm, crude
Sperm, bleached
Lard oil. prime winter. ..
22
iK<9
•*
75
PBTKOLKITM—
19X9
Cream tartar, pi Irae "
Cubebs, Bast India. "
Light duck-
12
16Jtf
N.T.
Fl'twing
20
36
31
S
W'dli'ry.
14
7.
Cochineal. Ilondur..
Cochineal, Mexifsn.
33
K4
a
a
4i>
yellows.. ..
Whale, bleacbed winter..
SH
b%^
extra pale..
"
43
45
3^>i
<*
3 1^
35
8 ro
S 75
3511
Cottonseed CrndeS
00
@2'd 00
*i9
'?8
csks W gall
Linseed, crushers prices
Vvalliin, In casks
i .TiJi
....»
Wy,
We8t.thlnobrg,(dom.)40
@ «
*tt
31
a
Cltythln.ohl.lnbblB.Vtn.ird...
13
@
.'6
n^nt
pale
OILS— Olive, in
Brlmstone,cru.»ton.." 33 51) S34 00
Brimstone. Am. roll *ft
2:1®
gold
l.aluphor. crude
20
<a
"
nhlorate potash
StSa 29
"
Caustic eodii
C^a
^>i
Sail duck, 22in
14X
I'm
hush
No.l
N0.2
OAKUM
on. CVKE-
(i{jl8
(over
"
Arsenic, powdered. "
Bicarb. soda, N'ciistle"
Bl chro. potash.S'tch "
Bleaching powder... "
Cotton Duck
Druid
"
.-
S.'i
Irirols, refined
.50
14X Mont.Ravens29in
t).
medal.
do
Hamilton reg
Lewiston A.. .36
do T.B.. 30
17
3
50
00
00
00
00
00
50
37 50
3fi 00
A
24
21
19
17
23
2t
20
18
16
Eagle...
Fruit of the
Loom
80
Amosk'g ACA.
do
A.,
do
B..
C.
do
D..
do
13><-
do R.
A
.
14
14>f
12)^
KllertonWS4-4
AA
Powhattan A
B..
do
Tickings.
17-18
36
36
33
28
32
33
31
34
34
37
35
42
Great Falls A.
17
'•
'.i}<
'•'i
Braziers' (over 16 oz.)
&
American Iniiot
32 d
COTTON— See special report.
DBDGS & DTBS-Alnm.. 3)^9
gold
16 ^
irKolB, crude
70
Bags
Ludlow
new
li 02.1
65-(i7X
35
.
Sterling..
Amoskeag
Blacks tone
Boott B.
do C.
42>4
12
9
14
Tar, Washington
Tar, Wilmington
Pitch. citv..
Splrltstni-pentlne.V gall.
Kosin, strained, » bbl...
M
n
W)
UDPrKIt-Bolts
BtieathlDK,
iel
Renfrew
25
25
COFFKK.— See special report,
ax
83
MOLASSES— See special report.
NAVAL STORES—
iK)
30 :
iw 4 27K
(A 4 ;'2X
fj^,^ 4 s\
00 «j 4 70
07i4« 5 10
tons lump
tons Hieiiinboal
4
tons ginte
4
I.UHW tuns CKK
25,IIIH) tons stove
10,|iOO tons chestnut
4
Liverpool xas cannel ...16
Liverpool bouse cannel
70
American
i'cabody
River Bank
louiil
ff)
:«i
<*
IJ
.
45
42
()rlnoeo,*c
Csllfornla
"
SO
m
W
.
^
a
yi
89
82
a
28H«
27 a
?6 a
"
«
d.'tlry.
^cash.*".^
slaiiKliter,
"
crop
" roiiifh slauKhter
Hemlock. B.A
••
5.eoo
10,000
17,000
•l7Ji
13X
Oak,
COAl.-
70
70
cord
14
10
LKATHEK-
IW
00
00
eO
00
en
411
Auctlon sale of Scran Ion, April
do 6 cord.
Samosset
Green & Dan-
Selkirk
Sliirtluss
do Stale
70
70
Clark's, Geo. A
Willlmautlc, S
Hadley..
Holyo'ke
yMi
l)0(«r.S:!
3J UOte.34
^i» 00(^79
80 Oll®a2
27 n(Vg84
4 •;5« 3
« ari® !
7 («« 7
6 IX'® 5
',
A Co
12X
Shore
Naniaske
.
J. * P. Coat's
Clark, John, Jr.
14
12Jf
11
13
12
?}<
Bntter (new)—
Spool Cotton
H
Bates
Caledonia
Clyde
75
State, p'!» & t'bs.g'd to 2ne 2R
do .. •ii (•«
do Welali do
Western da'ry, packed.... 24 C«
'5 (•*
store, picked
do
Chcs" (new)- State fcf'y J
Brooks, per dox.
200 yds ....
Domestic CSlUK*
a;x
1
a
Pequot.
Red Cross
Victory H
•J.5
la
BnTTKR AND CHKKSK-
Smithfleld,
.
folO 10
U a
Garner
Harmony..
11
11
11
11
(s.!"
Flpeandsbeet
d
&
H
Arcadia..
Co.... 9}4-'tX
11
Gloucester
I!:>r
511
PaliitH— Lead. white. American, pure. In oil
12
11
Lead. wh.. Amer.. dry
9
Zinc, wh., dry. No. 1.
»Ka
12
Zlne. wh..No.t,ln oil.
2 50
Paris wh..EnK* 100 lbs. 2 ;?
12,!,
.'.-.
'.5
1
31
.
Glazed Cambrics.
11
Garner*
do mourning
Hamilton
15«
14X
Peqiiot
Suffolk
Ou
«ra(
1
...
,
13
Naumkeag sat.
Amoskcag
1.1
Orch.lmp
Laconia
11
16li
Imp
C6 8iK
®6 «TX
....«
Snruce hoarOs & planks
H''inIock bo'rds 4 plank
Kails- '.Od.iatirt.coni.,* kft
Clinch 2 to 8 In. & over
2il and'dllne
Cut spikes, all sizes ..
1"«
13M
I'X
«K
5'l
....«(
liockland, Inmp...Lljniber— -niitherii pine.
Willie [line box boards,
w hile i»liie iiier. bx b'ds
t'lear pine
13
15
i«1(ii.l» IKl
l«i<i
Spanfsli,ord'ylll(l« lbEold.6 75
" << 75
••
r.crii.aD.
" 6 75
KiikHsu
K>0.n 00
38
"
Cement— '{n'liiiaii- fbhi
Lime— llnekl'd, corn. V bbl.
I
Hallowell
4
l.'i
*•
PiitUilelpUla Fronts.
21
Canoe River..
I'l:
LEAD-
DING MATEIilALS—
M
(.'rntotii'
AXA
Araoskeag
Androscog'n sat
I
>
Bl'ched Shoetinsfi Lake
Amowl£uag.A3t»
I
Ui OOilTJ 50
as toaspor.Rd 16 % 17
Sheet. shiK.. d.* t., corn..
6Ka 'M
Kails. Kni;.* ton.. Iiri'ldl 70 l«(* ....
lislls Am., at works In I's. SO l)li« 82 60
report.
IJrieka— Cum. liara...V<
Corset Jean*.
Ind.
IIX
isa
48
rs
and
I
M>i
Prints.
BUll
21
15
do BB
do CC
0"«160 ou
;50
I'JUtoars.'.
Hoop
....<» 8 00
lOJtli
BUKADSTUFKK— See special
84X
Haymaker Bro
Drill*.
Appletiin
Adriatic
[jaconia
Lml^lcy B.... 14
Peppurell
Stark
10)i
13
12
13
Non 40X
..
Coliimb'n h'vy
Olis
Brown
ASnKS-?ot,l8t»orl #
22
B
Cl::rk'8 Mills
Swedes
8<Ti,ii
Blicf't. Itns.,
li«
Chester D'k
ii)4
22
Wnmsntta.. 4fl)(?
do HHO 36
19V 20
19>j-20
do XXO 36
U!i
m
Ulica
,19
24, 1873.
STOKS FBICKS.
Bar,
I'l
AA
9-4
14
do S...
do
O...
Lawrence A.
do
D.
do
J.
do
LL.
do
XX
do
Y..
Naahnaflne E 4ft
do
O.... 38
do H.... 36
do
W... 48
7-4
BeppercU
do .... 8-4
do
... 9-4
do .... 10-4
do ....11-4
do ....12-1
fine
25
45
S6
Ark'riL'htblue.
Bostoit
Beaver Cr,
18)«
American
38
33
3«
30
37
38
39
36
36
40
3«
86
36
Araoskeag
n...
do
20
13H
Uii
Coiiestoeo
do
do
do
do
do
9
.
DenlDM.
33
do Nollp 36
do IX hvy 36
5-4
do
8-4
do
UENERAL
PRICKS CUUKENT.
Price.
Width. Price.
Utica
IIX
Auj^uf'ta
do
[May
THE CHRONICLE.
700
6-i6a
n«
2001
8
4:1
110
7H«
8
5
a
n»
»«»
@FedFRASER