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})tmm
MERCHANTS' MAGAZINB,
HL'NT'S
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTEKESTS OF THE UNITED STATES.
VOL.
SATURDAY, MAY
28.
CONTENTS
Redemp Ion of Fractional Coins.
Paper Money in i.'nn»(l4
The Sew Kiu<.'dom of Bnl^ria
.
held
.
Financial Review or April
The Debt Statement
for
1879
411
-138
United StTtes Treasury Statement
4:W
440
Latest
English
News
and
U
8.
Securities,
I
THE COM.MERCIAL TIMES.
Commcccial Epitome
Cotton
455
455
l
I
Breadstnfls
459
410
Dry Goods
now in our banke,
be very close. This thought arises from
a misconception of the nature and effect of those demoney
New York
1
But the inquiry has been suggested whether, with the
444
Qnotatiors of Stocks and Bonds.. 411
Local Sccnritk-s
450
,.
Ii. vestments, and State,. City
atjd
Corporation Finances
451
I
Railwsy Stocks, Gold Market.
Forci::n Exchange, N. Y. C*ty
Banks, etc
44G
in, and these large Government balancen,
and out of the Treasury, be no longer in
iii
THE BANKERS' GAZETTE.
Moner Market,
in
scattering of these Treasury deposits
Miscellaneous
News,
441
Hi
Monetary and Commercial
Cotntuerclal
April,
1879
will not
Some appear to look upon them as the temporary transfer of an equal amount of capital to the points
holding them, whereas they are a mere fiction, having
posits.
really
no existence except
subscribes for a million
S;ixe
The CoMMBUciAi, and
day morning, vnth
723.
existence.
Imports and Export)- for March,
4(8
NO.
1879.
the old taken
THB CHRONICLF.
Profpcctacf the Miney Murkct.. 437
3.
Clivcritide,
Financiai. Chuonici.e is issued on Saturup to midniglU of Fiiday.
the latest news
TERMS OF SUBSCRIPTION-PAYABLE
IN
For One Year, (Incladins postage)
For Six Montlis
do
Annual snbscripiioo la London (Inclading postage)
no
Six mos.
do
do
ADVANCE:
..
$10
20.
6 10.
in
book
account.a.
A
of bonds by crediting the
bank
Gov-
ernment on its books with a million of dollars. Clearly
is no capital created by this transaction, nor are
the loanable funds of the institution increased by the
there
coniinuanc3 of that credit or decreased by its loss. The
only possible effect on the market would be through a
Advertlaementa.
by the Government of theSe credits (or deposits
it pays for the old bonds. This
point in the situation we have so often presented that it
is not necessary to enlarge upon it again.
Mr. Sherman
has, as we have stated above, shown the public by his
course during past months that he will not allow busi-
Transient advertisements are published at 15 cents per linger each insertion,
but when dtftnite orders are gives for five, or more, inscrtrons, a liberal discount is made. Special Notices in Banking and Financial column (iO cents per
line, each iosertloo.
ness to be disturbed by any such unnecessary locking
up of capital, but will let the ref ndiiig act work out its
£2
1
calling in
68.
7s.
Subscriptions will be continned nntil ordered stopped by a vyritten order, or
at tfu publication office. The Publiehers cannot be responsible for liemittances
onless made by Drafts or Pist-OBlcc Money Orders.
London omre.
The London
ofllce of
the Chronicle is at No. 5 Aastin Friars, Old Brt)ad
will t>e taken at the prices above named.
where subscriptions
Btre«t,
wnxiAM
DAHA,
WILLIAM
DANA &
CO.
as they are called), before
simple intent, that
is>,
the actual exchange of an ol£«
bond for a new one and hence there is nothing which
need be feared in that direction. All this, however,
l^F' A neat file-cover Is furcished at 50 cents; postage on the same is 18
cents. Volumes bound for sibscrlbers at {1 20.
makes plain the fictitious nature of these deposits, and
i^" For a complete set of the Coxxkrcial Atn> Fi.vAnaAL Chronicle— shows that their
existence cannot contribute in any deJuly,
to date—or of Huht'b Mcrchants' Maoazlnb. 1839 to 1871, inquire
JOBK
o.
R.
I
TLOrD, JB.
f
79
&
B.
81 William street,
p'ablishers,
NEW
YORK.
Post Office Box 4592.
;
ia«.'i.
M tne office.
gree to give ease to the money market, nor can their erasure from the books of our banks, when the transactions
they cover are completed, cause higher rates. In fact,
PROSPECTS OF THE MONEY MARKET.
Oar money
a final settlement with the Government, and an absence
fill up daring the inactive
approaching such a season now, and of these credits or deposit-", would rather tend to lower
consequently the weekly bank returns .show a gradually rates than to raise them, for it would relieve the market,
geaaons.
We
reservoirs always
are
increasing strength.
The
prevailing opinion, therefore,
that a period of prolonged ease can
be anticipated
is
taking away that v.igue though unnecessary fear of con]
traction, which will to an extent prevail, notwithstanding
based upon substantial and obvious grounds.
the confidence in Mr. Sherman's management, so long as
Of course such a belief eliminates the Government, as the Governmeal has the power to call in suddenly and
an adverse influence, which Mr. Sherman's past manage- lock up in the Sub-Treasury, even for a few days, such
fully justifies.
The transfers of money required in
settlements for 190 million of bonds could evidently and
greatly disturb the market, and would disturb it even in
ment
amounts of capital.
Another undefined influence with regard to the futnre
is the course of our foreign exchanges and the flow of forso quiet a month as'July, unless managed with care and eign capital. It is by no means impossible that during the
judgment but the Secretary has already taken us safely summer months we may, to some extent, ship gold to
through several periods of no little anxiety, and we may Europe. For the ten months ending with May 1, the
confidently and reasonably trust to the same guidance specie movement of the country has nearly balanced itself.
during coming months.
Besidec, before the autumn That there should be some change the next five months
demand for money overtakes us, all the bond settlements it would not be unreasonable to expect, in view of the
should have been perfected, the new bonds put out and smaller shipments of produce during those months, acd
;
large
THE (JHRONICLR
.438
•of the very considerable holdings
forties.
In 1877
we exported over
abroad of called ten23 millions of specie
from May to August incluand the excels of shipments even last year during
On the other
the same months was nearly 3 millions.
hand, however, there is at least for the moment good
reason for the opinion that such shipments if made must
be very limited. Our total exports still continue largely
in excess of our imports, the tables in another column
showing an excess of over 24 millions for March. Besides the movement of securities is now toward Europe,
and with money barely 1;^^ per cent in London, and
in excess of specie imports,
sive,
likely to remain at that figure for the
summer
[Vol.
XXVin,
There can be no objection to receiving the smallest
(now legal-tender up to 25 cents) at the post
ofiices up to $3, for they are already redeemable as
above stated.
The limit of exchangeability for the
fractional silver is placed too low, if regard be had for
the convenience of the Treasury officers, although not
too low for the convenience of retail traders in the large
coins
cities,
who may
frequently
charges.
$20
is
for
The
desire to present their accumulations
redemption, thereby
saving
brokers'
increase of legal-tendtr limit from $5 to
objectionable because unnecessary
pose can be served by the change, and
;
no good pur-
all
uncalled-for
changes in the coinage acts are to be deprecated. Silver
we see no reason why our 4 per cents, as well as other is not in the least dignified, or exalted, or appreciated,
undoubted securities, should not continue to tend in or made more of in any respect, by such a provision ;
at least,
yet the notion of the potency and importance of legalThese considerations evidently confirm the prevailing tender, and of the help which silver may get from it, is
belief of the continuance of an easy money market. such that there was an animated discussion over this
There is, however, another consideration which must comparatively inconsequential matter. The bill, howsoon command more attention we refer to the evident ever, ought unquestionably to pass, although it might
improvement in business and enterprise which is in pro- be improved.
How far this revival will be held in abeyance
.'gresB.
PAPER
IN CANADA.
-during the summer months, or what force it will exert in
The next step to making farmers and tradesmen happy
the autumn on the money market, it would be presumptaons to attempt to state. That greater progress has been by a tariff which increases all prices is, to make every
made at this centre, than individuals generally believe, is purchaser rich and able to pay those prices, by a free
There is scarcely a merchant but will admit distribution of something which can be called money.
•certain.
some improvement in volume of business and in profits, As Canada, a few weeks since, did its uimost to attain
•and many of them very great improvement in both par- the first object, it is not surprising that this week it
Government issues of
ticulars; but even if they did not admit it, our crowded should be engaged on the second.
Then, again, the manufacturing paper promise to become as popular, if not as eflicacious,
hotels would prove it.
In the House of
industries throughout the East are almost universally as Mrs. Winslow's soothing syrup.
prosperous and active, and we are feeling that here. Commons, on Wednesday, a Mr. Wallace, in support of
J3ut the marked feature of the situation is the vast the paper-money measure, contended that all money is
umber of incipient enterprises being favorably discussed " fiat," and that hence this term has no special applicaby moneyed men. We hear of them everywhere. tion to paper; the fiat of the Government makes gold
These are bnt the whisperings of a wide movement which money, and could do the same with paper, with much
ia speedily to develop itself, until capital finds better more to the same effect.
The public would be more ready t) accept Mr. Walremuneration than 4 per cent for its use.
lace's doctrine if there had not been so many prophets
of that sort before who have failed to obtain permanREDEMPTION OF FRACTIONAL COINS.
ent honor and influence. It is admitted that to get
In his last annual report, Secretary Sherman alluded money enough is a high material good, because whoso
tCj''he accumulation of fractional coins in some places has that, has much that he desires; money is what we all
and their scarcity in others, and recommended that per- work for, long for, hope for. Government can make
mission be given to redeem them in United States notes money, ex nihilo by a fiat, if it chooses; then Government
at the Philadelphia Mint, in sums of $100 or any multi- must be very stupid if it fails to supply its own wants
bill has passed the House of Representatives thus, and very mean if it refuses to bless its people with
ple.
vhich provides that fractional coins may be exchanged all they want. But, somehow, governments have not
at any Assistaat Treasury, for lawful money, in sums of succeeded in making this invention work. The most
t20 or nultiples; that the copper and nickel coins shall be oppressive of them have been greatly troubled by
receivable at post ofiices for postage and postage stamps chronic impecuniosity, and have been oppressive because
to the amount of $3, and that fractional silver shall be they could not otherwise raise money enough to make
legal tender np to $20 for all debts, public or private.
the rulers happy. It is a fact, also, if Mr. Wallace
Subsidiary silver, at least in large cities, has become please, that paper money has been tried over and over
very troublesome. Purchasers in retail stores decline to by governments. Kingdoms have tried it, republics,
take it in change except in small amounts, while retail colonies which were trying to become republics, states,
dealers have practically no such option it accordingly and every form of human government, have tried fiat
accumulates in the hands of traders, particularly of those money in some shape, and if the experiment has ever
whose sales are mostly in small sums, and as the banks been successful then history has made no account of it.
will not receive it, there is no alternative bnt to work it There is some inherent defect in the scheme; it is a
This tax upon trade perpetual-motion machine for producing prosperity and
off at a discount through brokers.
ought to be removed, and the bill proposes to supply happiness, but unfortunately it will not work.
Let us apply the test to Mr. Wallace's system. Has
what may have been an unintentional omission in the
laws, which already provide for redemption of the coins there ever been a time, from 1862 to 1878, when he
Government is simply would have given as much for a $10 note of the United
•of base metal in sums of $20.
perform
the
service,
falling to brokers, of States as for one of its yellow eagles, both bearing the
now
made to
that direction.
—
MONEY
A
;
carrying coins from those
who have
not enough.
who have an
excess to those
fiat?
ever
Would
made
he take
now
the best counterfeit $10 note
as readily as one printed on the
Government
Mat 8,
187»
On
THE" CHRONICLE
]
two
439
and raiHed another bulwark between her great rival and
compromise, which has more than once seemed
and every panictilar, bnt one actually struck in the on the point of falling to pieceo, but which, wo have all
Philadelphia mint and the other in the cellar of some along maintained, must and would bo cariied through,
unknown person, would ho have any choice? The fact not because it was intrinsically good, but because no
of material idonlity being admitted, what value would other course was possible in the circumstances and nndes
Simultanethe Government stamp confer which the other piece the present relations of the great powero.
had not? Is there any d)ubt that, if immunity from ously with this formal establishment of the Bulgarian
disturbance were guaranteed, enterprising citizens would kingdom, arrangements have been made for the final'
begin to produce literal fac-sirailes of the CJovernmeiit withdrawal of the Russian troops from the territory of
On the other hand, Eastern Roumelia. The last remnant of the Russian
fiat as it exists now on $10 notes ?
assuming the same immunity, would anybody com- army of occupation of this latter territory will, it i»mence fabricating fac-simile^ of the eagle stamp, on now understood, leave for home not later than the third
If not, of August in the present year.
pieces containing 258 grains of actual gold ?
It can iiardly be sai^
because to do the latter would .not pay, why wouldn't that the Bulgarian-Roumelian difficulty is ended; but it
it ?
The stamp being the value, of course the material is not unreasonable to conclude that the new kingdom
used is immaterial, and paper, leather, brick, or the and the new king will have enough to do with themselveshandiest and most abundant substance known, would for some time to come, and that Roumelia, left to herserve as well as gold, would it not? And the fac-simile self, and freed from the influence of outside agitation,
of a gold eagle, printed with a Government press on a will, under her new condition, and under the guidance
round bit of paper, would be in all respects as good as of a Christian governor, settle quietly down under the
press ?
258
taining
the other hand, between
grains
the eagle, would
it
not
of
gold,
pieces con-
identical
in
stamp
authority of the Sultan.
?
Mr. Wallace would do well to sit down with his colleague, Mr. Sharlton
whose head is clear and read a
little history and reason about this matter.
Evidently
be makes three very serious mistakes in the brief
report of his remarks we have seen.
First,
it
is
not true that all (or any) money is "fiat," and that
goll is made money only by the government stamp.
The stamp merely declares what the thing is; it does
not put an atom of value in the thing. The stamp is
simply a certificate by the most responsible party, the
government, that here is a certain quantity of a certain
material; if the stamp asserts a falsehood
as it would
if imprinted on a piece of paper
it counts for nothing.
Secondly It is not true that the prosperity of this
country is due to irredeemable paper. Our prosperity
is the result of many conditions, and has not been so
great in proportion to our capital during the last ten years
as it was during the previous ten years.
Furthermore,
if paper caused our prosperity, then we have committed
—
—
—
—
ter of a
—
All lovers of liberty and true progress must wish wel>
kingdom. Bulgaria is not exactly »
European community of nations. The
name carries us back to the days of the Roman Empire;
and time has been when the Bulgarian monarch waseven mightier than the Byeautine Emperors. To what
the
to
new
infant
State in the
race the Bulgarians belong
it is
ence of opinion prevails both
The
ethnologists.
not easy to say.
anong
Differ-
historians
best sustained opinion
is
and
that they
belong to the great Selavonic family, and that they are
kinsmen of the present Russians, as well as of the Bosnians, Servians, Croaiians, Wallachians, Bohemiann, and
Poles.
As far back as the times of Justinian we find
them threatening Constantinople; and one of the greatest
victories of Belisarius was the defeat of the " Bolgars,"
as they
were then
called,
under the walls of the "New
for four hundred years^
Rome." The kingdom flourished
from 640 to 1017. At the close of that period the Greek
Emperor, Basil II., swept over the prosperous kingdom
a piece of folly by getting rid of it, andEuiopehas at the head of a mighty army; and not only was the Bulindorsed the folly by giving us a higher standing as a gaiian ruler of that day defeated, but Tirnova and Ochborrower.
If
Canada undertakes
to imitate our pros-
perity by copying our financial errors, she will certainly
have to pay the penalty, without obtaining the prosperity.
—The United States
then the capital, two of the richest cities of the East,
were Hespoi'ed of all their wealth. For over a thousand
years the name of Bulgaria was practically unknown is
Europe. Towards the close of the twelfth century, the
Bulgars having formed an alliance with the Dacians, a
new kingdom arose in which the Bulgarian element prerida,
have not issued any fiat
Such a currency is something which
either formally proclaims itself to be absolute money, dominated.
This Daco-Bulgarian kingdom, which was
or else (even if in the form of promises to pay) has no in its prime in the days of the Fourth Crusade, when
reasonable
respect of being redeemed.
The foimer Calo John was king, survived with varying fortune
Tliirdly
money
at
all.
|
been known in this country; our paper
promises have not involved us in the usual consequences,
because their increase was long ago stopped, their
has
never
redeemability was always assured, and has
until the close of the fourteenth century,
the
common
fate
the domination of the Turks.
now been hundred
when it shared
came under
of Eastern Europe, and
After the lapse of five
during which, in spite of the presence
effected.
In other countries, as successive increase of and power of the Turk, the people have remained solidly
issues and decline in their prospect of ultimate redemp- and loyally Christian, the old and twice extinguished
tion have made them more and more purely fiat, they State has reappeared; and it enters upon its new career
have slid down the scale of value until they ended by with the world's sympathy, and with a fair prospect of
being worth the material of which they were made.
success.
The new arrangement, although not perhaps perfectly
THE
One
NEW KINGDOM
OF BULGARIA.
of
the principal features of the foreign news
the last week has been the election to the throne of the
new kingdom of Bulgaria of Prince Battenberg, a scion
of the Electoial House of Hesse Darmstadt.
It is the
years,
all concerned, must be regarded as, on the
whole, a decided improvement on the old condition of
things.
Russia has reason to feel proud that she has
satisfactory to
been instrumental in emancipating and securing independence for an ancient, spirited, and deserving people.
first really distinctive fruit of the Berlin treaty
a treaty Great Britain has reason to Be 8ati>fied, btcause while
4 hich in its very essence partook largely of the charac- she has contributed to the cause of freedom and right.
—
.
.
.
THE (MRONICLE
440
the Mediterranean, she has saved the amour propre of
the Sultan, and propped up for a time, at least, what
Austria, also, has reason
[Vol. XXVIIl
BANK MOVEJIE.NTS AND THE MONEY MARKET,
The BJink movement showed a decided gain
in the surplus
April 5 was only $1,900,375 and
money market relaxed greatly,
reserves, as the total surplus
remains of Turkey in Europe.
on April 26, $12,324,050. The
to be well satisfied; for, while she has gixined in terri- and the exchanges of the large amounts of live-twenty bonds
tory, she is less immediately at the mercy of Russia, the were made without any disturbance.
one power in Europe which she has cause to dread.
NKW YORK CITY BANK STATEMENTS IN APKrt,.
With
Greek boundary question,
the settlement of the
Aprils.
the East of Europe will again be at rest. Bulgaria
If her ambition has been
herself has a fair prospect.
somewhat held iu check, it is, perhaps, as well for her
own future. With a population of over three millions,
and in possession of some of the very best land in
April
April
12,
Airil 26.
19,
$235.83i>.600 1230,442,900 SI231, 151,300 f;231 096 900
18.3fi5.000
18,903,900
18,875,000
19,Bl)fl,100
19.1)35,500
19,721,200
19,707,000
Net deposits
Surplus rp«prve over 25 p.c
193.121,700
31,815.800
1,900,375
4«o7
l»5,:)b3,7IX)
6®7
8@7
Rate of prime paper
3«,146,40O
e.2J3,375
200,255,000
40,072,100
204,514,201
i),4S3,950
12,S24,0,'S0
45,224,6*
3@S
4»5
OB
3
5
4(S)7
<m%
INVESTMENT SECURITIES.
Europe, not to speak of the commercial advantages
extent
an
of
vast
from
her
control
so
of
inve.stment
securities became active after the
must
result
All
cla,sses
which
of the Southern banks of the Danube, it will be the fault subscriptions to the whole balance of the 4 per cent bonds, and
railroad bonds met with large sales both on speculative and
of the Bulgarian people themselves, if they do not
investment account. The total sales of railroad bonds at the
revive the glory of their ancient name, as well as much
Stock Exchange amounted to §40,415,250, against §19,613,800 in
of their ancient prosperity.
March.
CLOSING PRICKS OP GOVEHN3IENT SECURITIES IN APRIL, 1879.
FINANCIAL REVIEW OF APRIL.
The month under review was noted for the most important
single transaction ever known in the history of our Government
finances. The subscription at one time for so large an amount
as $190,000,000 of G-overnmsnt bonds and this too for bonds
—
—
carrying only 4 per cent interest was a transaction which far
surpassed anything that had previously been witneased in the
Aside from the direct
negotiation of United States loans.
influence upon the markets, and the buoyancy imparted to all
classes of stocks and bonds, the operation was important as a
turning point, a milestone on the road of the country's finanThe eventful and disastrous course entered upon
cial progress.
with the first loans issued in 1861, i« terminated, to a great
by the final settlement of the Government debt in a
long bond at 4 per cent interest. That this remarkable operation has only been made po.ssible by the course pursued by the
Government in keeping faith with its creditors, paying gold
according to the spirit of its promise, by putting a stop to inflation either of silver or paper money Is a truth so clear to the
fair-minded observer as to require no argument.
The total transactions at the Stock E.xchange, compared with
previous months, were as follows:
extent,
—
Janu.ary.
U.S. Govcrum't bonds
3tatc bonds
]^ailro:ul
$0,151,050
1,0.59,270
bonds
25.132,300
1,874
0,338,282
February.
Marcli.
$0,224,550
1,209,000
22,009.200
April.
4,855,1,50 $15,940,8.50
],5.S0.OOO
1,034,800
19,013,800
40,415,250
1,3481
1,244
3.934,634| 4,470,099
Bauk stockii. .sbiires
1,992
4,710,495
KR.& miscel.9tk8 "
The following summary' shows the condition of the New York
Clearing House banks, the premium on gold, rate of foreign
exchange, and prices of leading securities and articles of merchandise, on or about the first of May in each year, from 1877
.
5-208 coup.
1881.
68,
April
1.
1879.
1877 TO 1879.
1878.
1877.
ffew York Cily Banks—
Loans .and discounts
231.096,900 229,936,400 255,733,800
Specie
18,228,100 30,051,900 20,534,500
Circulation
19,707,000 19,998,300 15,996,100
Net deposits
204,514,200 199,074,000 222,901,200
L«gal tenders
45,224,500 36,435,300 48,865,000
8nn)Ui8 reserve (over 25 p.c.)$ 12,324,050 16,718,700 13,674,200
.
.
Money, Gold, Exchange—
Call loans
3
Prime paper
Gold
3
®3i2
3
5
w4i
100
50»6
Silver in London, per oz
Prime sterling bills, 00 days.. 4 86>4:-4 87
United States Bmids—
5-20 bonds, 1807, conpon
68, cnn-ency
®5
4.
5.
6.
7.
8-
I2414
106 '8
IO311S
lOl'a
100 la
& Hud. Elv.
117i58
106
Mich. Southern.
Michigan Central
Chicago Rock Island & Pacific
72 14
26%
&
Illinois Central.
. -
Chicago & Northwestern, com.
Chicago Milw. &. St. Paul, com.
Delaware Lack. & Western
. .
53%® 54
4 8714-4 88
78^8
6818
104%
85»8
76
58 Hs
51%
—
XX
.
"*> blilJlf>1.nl7il0
9338
7H
1218
ISOH
4118
5134
113
125 ifl
113
61%
Central of New Jersey
43
ilerchandise
Cotton, Middl'gUpl.inds.^ ft.
11^8
.Wool, American
28®33
^ ffi.
Iron, Anter. i>ig. No. 1..^ ton. 18 .503.19 00
'Wheat, No. 2 spring.. .^ bush. 1 01® 1 03
Corn, Western mixed ^ bush
42® 44
.
10678
1 86'4-4 87
lOO'a
II918
lOS's
10-40S, coupon
Lake Shore
®4
3i2®5
49I2
51'8
17
1011,6
34®42
18OO®18
1 22® 1
48®
25 9 65® 9
50
25
54
85
1891.
6s
cur4s,
coup, leucy
104 »8' 10479
99
104%
105
1011-2 lOl^^s
105%
9914
99%
idsii'io'sJa
s.
99%
99% 122
10138 10133 105
10668
IOII4IOII4 105
101%
10618 106 14
10.
11.
12.
1311.
15.
10.
17.
18.
19.
20.
21.
22.
23.
24.
105%
9934
99%
105% 9934
S,
I
106
10478
...
101%...
104%
d Fri day— Holid ay104!%
101%..-.
10578 lOS's
99%:121%
ibii
104%
IOII4
9934
10538 ibsi* 100
10434 105»8
100
106 14 ibiiU 10058!
105
10076 123%
105
10138
105 106%
104 "8 lOOSa
10038 10614
lOO-^s
106%
106%
1061-2
121%
99
104% 104 'a 99%
10178
...I
9.
25
102'
;;!
106%
106 »8
10036
.
101% 123%
101%
123%
101% 123%
101% 1237a
101%
10638 10634 1013a
106%
106 14 10038
.
.
10638
26...
27...
28...
1063a
29...
30... 1061-2
1017a 102
1017ajl02
Low. 10573 10578
Clos. 100 12 10038
101%:101ii 104%
Ex
*
124%
106=8
101% 124%
121%
124%
121%
124%
coupon.
CIXISINO PRICKS
OF CONSOI-S AND
U. 9.
SECURITIES AT LONDON IN APRIL.
4%s
Apr q o
1..
2..
3..
4..
5..
6..
7..
100%
10434 104 5h 10478 '99
105% 10634 10034 101%
104.'''8 10478
99
10138' IOII4 104^8 106381106% 101%
Open 10038 10638
High 100% 106%
48 of
!5aot
of
1881. 1891. 1907. Apr.
;
973ie
97B16
973i6
4%s
i 5 a
104 14 1007a 107% 10138 20..
5s of
48 of
of
1881. 1891. 1907.
8.
10078 107!>« 101% 21-- 99%
103% IO573I 10958 103%
10678 10758' 101% 22.. 997,6 10314 10573 10953 103%
107 107% 101% 23.. 991,6 103% 1057a 10934 104 k
24-. 9811,6 10358 1051^10934 10414
107% 10758102
25-. 98i5i8'10358il0538 109% 1043a
]
8.
10738 ib7%ib2i4
6.. 9858 110373 105381109% 104%
9716,6 104
S.
9716,0 104
1073e 1075810214 27..
107% 10738102 14 28.. 9S13i6'l0378 10538 109 69'l0453
9.. 9715,6 104
103% 10678 1075al0238: 29.. 9311 10378 1 0533' 109B8 104 B3
10.. 98
30.- 989,6" 103% 105%jl09 34110438
Goo d Fri day..
11..
12.. 971616 103% 106% 107% 10238!
Opn 973,6 104% 10678 107% 10138
8.
13..
Hgh 997,6 104% 10738 109%! 10458
14-.
.. Ho liday
10133
10234 Low 9-3,6 IO314 0514 107% -•15.. 97iii,6 103% lOO^a 108
16.. 98
103% 106781108% 102% Clos 989,6 103% *05% 10934 1043a
17-. 981,6 103% *0558,10838'102.'%! S'ce Jan. 1
10458
09%
103% 105''a!10S58'1027s' H.. 997,6 111 109%1109%
18-. 98%
IO314 105i4|l06%ll01
19.. 989,6 103 14 106%!l09 1103%' L.. 95%
104%
104%
97fli8 104%
979l6 104%
:
I
I
*
412S, 1891, eoniwn
4s of 1907, coupon
Itailroad Stoclis—
New York Central
Erie
2
'af^^
100%
53%
41-2.S,
1881,
10178 102
10638
lOOi^ 10638
1001-2 1061s
106 1-2 IO6I2
12.
3.
.
to 1879, inclusive:
STATISTICAL SnMM.<RT ON OR ABOUT MAY
58,
10-408.
Reg Coup 1867. 1868. Eeg. Coup coup. Reg. 'Coup
Ex
coupon.
RAILROAD AND MiaCELLANBOU,S STOCKS.
The
stock market was finn, as a rule, after the depression of
the early part of the month had passed away. The most conspicuous stocks were the Southwestern " fancies" stocks which
—
no value, and these
507a
4II2
advanced very sharply. All other movements in the market
9078
however, were insignificant as compared with the combination
5512
20%
among Mr. Jay Gould and his a-ssociates, by which the Wabash
44 13
4839
R.R., the Kansas Pacific, Union Pacific and St. Louis Kaasas
9%
City & Northern were brought under one control. The stocks
1078
of all these companies advanced heavily, except Union Pacific,
35®48
19 00®20 00 and in that it appeared to be the policy of the pool not to favor
190® 2 00
66® 71 an advance.
16 00®16 10
Th« following table will show the lowest, highest, and clo3
had been looked upon
as possessing little or
..... ...
Ma?
ing
'
THE
3, 1S70.]
of lailway and iiii«n^llari('oiiHHtoi-ks at
p.'ieiw
Bto.-k K\cliaiig<^ (luring
tlio
IN HARC'll
AND
<*inii(lii
(-.iili;il
(
:
illKli- Miii-.HI
82
HU
82
40
33
63 19
39 >4
5
33
U2
38 14
31
••J(t'4
21»>4
55 itf
38 >3
53 :U
nf N. .h'l-Hoy.
KolUhcni
5
pi-of.
ilii
rhtc. Hml. & Qiiliicy
Ohio. Mil. i8t. I'liHl.
prcf
do
Chic. Si NortliwoKt
.
.
prcf.
il<i
—
x78
Alton
l.ii. iiciiJk
X
6
38 le
8'J '4
.^(i '2
87'h
VJVii
Cndo. &Rim|{ Island.
CIcv. Ciil. (in. ic Ind.
Clov. * I'itt.tl).. ),'uai-.
Col. Chic. A IiKLCcut.
43
x93
IH-1. Ijick. .V;\V»wt'iii.
DO
Ihilimiuo
Krle
&
do iti-«f
Hannibal
do
8I0UX C.
'512
581a
25Hi
44 Hj
Jo....
pref.
<icBt.
85
pf.
15h
43''»
*150
narlriu
II2I9
35 Hj
79 Hi
41'%i
83''8
41%
X80%
39%
79%
57%
SIH)
40
00
4!
154
70 14
17
MicliiKiin Conti-al
88 14
Texas
Kann. it
Moi-i'irt A: I'Xs'ox
M(i.
84
New York
l-MevaKsl
N. Y. N. H.
ife
ife
7 '8
..
N. Ji'i-Kov Sontlicni..
N. Y. Cent, .t lliid. K.
Ohio
714
21
Hartfttl
i5'9i4
IIU
.
do
KcnsHorrA
Alton
8t. L.
St.
<lo
48'.j
4412
91%
97%
2<ii4
15%
27-4
49'h
14
44%
38
153
86
59
45I4
155
154
82
Xl53
82 '4
20%
86 '4
60
712
714
14%
23
72 19
49
22 14
22 14
88%
71%
35
78%
72%
59%
86%
17%
72%
56%
84
89
47 '4
9%
%
9%
84
t2l2
I2I2
37
133
:151
1.50
•160
I5914
tl35
10618 *x03%
81^
14
34
132
104 14
•3538
31
Wnba«b
Warren
'4
11
•99
99
3%
15%
74
x68-%
137 13 135
22
17%
•80
83
5*.
2%
8%
35%
7%
9%
19%_
74%
15%
39%
96%
101%
3
•14
10
21
23 14
15
14%
8I4
34
6%
8%
14%
23%
15%
7%
29%
6%
18%
8
I714
x72''8
71 14
135 -134% 136
21 '8
20% 17%
83
80
14%
38
42'8
11%
13%
28%
76%
133
34%
•92
101
8
120
•
1
44
MariiioKa I.and
&
M.
do
pref.
Ontario Silver Min'p.
tjaicksilver Mining
do
prof.
.
27%
35
137
12
'33
11
34 14
10%
24%
72%
139%
33 14
58
33
'80
103
82 14
108
30%
33
»2i4
2%
8
x32%
*6i4
*2%
3
39
40%
12
34 14
16
38
25%
35%
96
96
28
32%
46%
•31%
7%
Mail
Pullman PalaeoCar..
Sutro Tunnel Co
'
Prices bid.
•6%
*40
•14
•37
29 '8
t
40%
13%
x85
•25
38 >4
42
12
14
84
78»4
2%
40%
13%
478
•3%
40
12%
15
85%
81
4
4%
t32%
45%
13%
'4%
Ex-privilegc.
Pi-ices aske<l.
BANKERS' STERLING EXCHANGE FOR APRIL, 1879.
Legal-tender notes
1.
..
2
...
3
..
4
5
...
6
...
...
4-86 ®4-86ii. 4-881434-89
4-86 ®4-87 4-88i4®4-89%
4-86 '4^4-87 4-88%®4-89
4'M6>4Vi)l'87
4'86i4'a)4'87
8..
4'86i4®4-87
... 4-86
®4-8fc%
9 ... 4-86 ®4-86%
10... 4-86 ®4-8C%
11 ...
Goo<l
12 ... 4-80 ®4-86%
7
8
13
14
15
...
...
...
...
4-KS%S4-89
4'88%S4'89
4'88%®4-89'
4-88
4-88
4-88
®4-88%
«4-88%
®4-88%
Friday
4-88
®4-88%
April.
17 ...
18...
19 ...
20...
21 ...
22 ...
23...
24 ...
25
26...
27...
28...
29 ...
.30...
. .
60 days.
4-86i4®4-87
4-86i4®4-87
4-86i4®4-87
....
.
Gold
4-88
4-88
4-88
®4-88%
®4-88%
®4-88%
®4-86% 4-87%®4-88"
4-87%®4-88%
4'86i4®4'87
4-8614-34-87
4-86i4®4-87
4-86i4®4-87
4-86i4®4-87
4-87%'®4-88%
4-87%ai4-.S8%
4-87%®4-88%
4-87%®l-88%
8..
4-86i4®4-87
4-86i4®4-87
4-80i4®4-87
4-87%®4-8S%
4-87%S4-8K%
4-87%® 4-88%
4-87%®l-50%
I
THE DEBT STATEMENT FOR APRIL,
1879.
the of&cial statement of the public debt as
appears from the books and Treasurer"* returns at the close of
business on the last day of April, 1879:
is
Coapoa.
ITIatnrlty.
Air.ount
18, 1,'B-J
11,
.?,
l&a: Mar.
1863;
June
8,
1868
30, 1884
.Marcha, 18«3
certificates
Fcbruaiy 2 j, 1578
bilver certilicates
Aggregate of debt bearing no interest.
Unclaimed
Pacific
KR
intere-t
Recapltnlatloii.
ISTEREST-BBARINB DEBT
Bonds at 6 per cent
B jnds at 5 per cent
Bonds at 4!^ per cent
Bonds at 4 per cent
';GI..'j.32,15(":
sso.noo.ooo
551,38 ,700
3.104,J5
14,0 0,0
I
Tota! interest-bearing debt
Debt on which Int. has ceased sntcB KATURi-rr.
Debt bkahing no Interest —
Old demand and legal tender
notes
Fractional currency
silver certificates
Total debt bearing no Interest.
Cnclaimcd P_cific KH. interest
.
.
.
$2%142,915
1,968,<(62.600
67,<2i»,n.i
1,203,041
$846.7<t2,f.31
S'.ess.ooi.
15,913,00;'
]7,7'IV,ta'
Certificates of deposit
Gold and
Interest
$4«,flr.S,1C0
Rtfundng Certificates st4 per cent
Navy pension fund at 3 per cent
1
1
12,0 (',?«)
e,MT
.
Total
$2,448,432,170
ta;, 153,204
Total debt, principal and interest, to dote. Including interest due
not presented for payment
t2,47S,5fi7,8M
Total cash in Treasury
4l8,46;,llft
Debt, less cash in the Treasury,
Debt, less each in the Treasury,
'
Mny
Aprd
1,
I,
1879
1879
.
Curuent Liabilities—
Interest
due snd unpaii
Debt on
whch
int. rett
{5.166,998
,
has ceased
B7.f2t.no
Interest thereon
l.'j' 3.(41
17,74»,620
31.635,100
Gold and silver certificates .....
United States notes held for redemption of certificates of deposit
United States notes held for red -mp ion of frictional currenry...
Culled bonds not matur--dforwh ch4 p c. bonds have been issued.
Cash balance available May 1, ISTJ
3,446,3.39
171,319.
00
145,517,818
$418,487,158
Available As'EtsCa h in the Treasiry
418 487,186
Railroad Companies, Interest
Payable in Laivlal money.
to the Paclftc
Demand.
8..
4-86
V'8d"«4'86% 4-88'"®i-88%
4'86i4a)4'87
4-88 ®4-88%
4-88 ®4-88% Range 4-86 ®4'87
16... 4'86 1484-87
The following
July 17, 18-.1; Feb.
Feb. S5, I8n-J; .July
Iune8, 1«7S
July 17, 18li2; Mar
Certiflcatesof deposit.
Fractional currency..
Bonds lasaed
Demand.
60 days.
(a)
Authorizing Acts.
I^i^ne.
Increase of debt during the past month
Decrease of debt since June 30. 1878
EXCHANGE.
There were no important fluctuations in exchange, and the
market held pretty steadily for sterling bills.
April.
|l,Mi8,l'<«,800
.
ItiidHon Canal
Patritic
14,000,<0)
Coupon! of tSO and tlOO bonds are paid annnilly la March.
f\7,et or deiiominationsof each Imne of bonds are aa follovra;
Character of
80
*27i2
Canton
it.
S,10t,-480
"tlft
Amount
60
37%
84,-i..9,r«o
'Jft
he
Old demand notes
Varioi;8.
Del.
i'n.tm.m
Ttt'ag ccrtiflcatc* Feb. -J",
f'd.'o* Inly S8,
novy pcmi'n
Outstanding.
9%
•80
40% x40
12% '12%
36
80
New Y'ork
i,i7t,'M3,0H)
July
1907 July
42%
80
x32%
Standard Cons. Min'g
Gas.
Citizens'
2l»,104,e00
Ig'il
I514
"133
1414
t5
40% X39%
ins.7if,«80
S8>,3 «,»J*
dn.
do.
Debt Bearins no Interest.
47%
134
«),«li,800
t!M,18<.400
14,
14,
14,
Debt on Which Interot Ha« Ceaned Since
48
•135
.
71,03.3,1110
!»'','i01.»30
July
There Is a total amount of over-duo debt yet outstanding', which has never
been presented forpaytnont, of t-^T, I2;i, ! 10 prfncipal
rincjpal aiil
aiiri $l,'^a),fili Interest,
In:
Of
this amount, t66,7(W,6J0 is on the "called''"
five-twenties and consols.
105
27%
.
.
«.7;7,l00
t3,7a,«)0
MIM
106% IOCI4 105% 108% '108
'47% 48
50
49% 49%
•47
49
47
49% 48
98% 100% 99% 99
100% 100
107
50
49
100
American
United 8t« tea
Wells Kai-Ko
CX).\i, AND Mining.
Homc«t4ike Miiiinj^
Pennsylvania Coal
186f)
20%
20%
Exi'iiKSS.
Adams
31.1)3.100
143,034,71111
March 3.
March 3,
11,000; registered K,OM. (ft) coupon $1,000; registered Ji.iKX), (I5.0J0. $10,000.
(c) fKI, tlW and t-'M.
(d) coupon, {50. $100, $500 and $1,000; rogUtered,
and ol8O$5,00» and $10,000.
On the above issues of bonds there is a total of t'>.>'K! 913 of Interest overdne
and not vet called for. The total current accrued interest to date [t $20,775,918.
2%
xl36
107%
140
108
38 13 x35
Gold&8tiK'k
We»teni Union
3,
Miircli 3,
March
If-BT
4,3ii:.ooo
»<8,unO
BT,8f7,(0O
)8,l>M,»aO
i«V,4:i>iM
14%
86%
195
I(>0l4 •160
1114
40% 48% 48
39% x35% 33
•65
68% 78% '75
76
106i2xl03% 108 xl06% 103
•40 13
...
9,
Coapon.
#iito.oao
14,018,000
AsRTCKate of Intereet bearing debt.
Tklixsraph.
Amci-lcan DlKtrict
& PacUlc
Atlantic,
?,
Km
4K),
3»,
Feb.
March
Funded Loan,
4«,
4'ii,
14,
lUglttcred.
InlyJt^A.,
79
198
10%
12>8
37
a»8ente<I
New Jersey.
5«,ia40'»
SJjOaof
B»,5-a08or
June
xll4% 113% 117% 117%
16%
4
13
3.'^
70%
48 '8
86 la
II
1413
Francisco.
4812
18
44'8
40'8
•158
160
Oregon War
t>,
7%
51%
21%
22%
I8.'i8
i)«of iRil
(taot ISfll
•53
221a
8
82
lis,
96
57
15%
do
iiref.
do
1st pref
Union Pacitlc
Uiilt«l
4'' '2
45
&So..
pi-ef.
& S.
58%
89%
130 '4
(iiiia
24%
10
do
St. L.
92%
1321a
54
101
734
114
41 19
8112
25%
10
No.
83 "a
46 >4
94
&
43-4
46 lu
16
57 13
tio^
Kano. C.
Kt. L.
lOS
25'b
100
Iron.Mt.
I..
77
9
prcf.
312
Mia
54%
'•i'8
&T.H..
do
43%
4ia
'.I
96%
special
Snnitojrn.
5t(
45 '8
^»of
Bond* Ontotandlng,
Anth'rizlog
Act.
On of 1S81
'2
5
117
140
170
159% 160
9%
62ifl
1
35
47^8
1%
33 13
2812
*133
130
Panama
I'ittKh.Ft.W.&C.Knar. 106 Xl03?t
4
109
115
87'8
130
'a
48
35
"5
84 -Ij
do
91
89
4814
•57
5''8
xll2
.
60 >4
43 "2
50
7 '.J
81 »4
2=8
117
Mlnulssippi
pref.
.
41
82 14
76
100
x88:U
xl30
02
5
44 »8
57
23 'e
42iu
14 13
I714
71%
42%
60^
89
133
44
128
90
80
i'l'-i^
82 14
K(^()Kllk iV DoH Moinca
<lo
pi-ef.
I<iikc Slioro
Ix)MiKvillo<fe Niwliv..
4ig
1I5>4
xl52io
pi-cf
38 >4
112%
Kan«;iM
i':wirtli
57'h
80
110
Illiiiiiis Conli-iil
ilo
Wo"
'2
75
108
j:83'8
Intorenl-beaiiaii debt.
Character of Iho«.
-April.
HlKli. A pr.30.
Ix>w.
80
No.
Kill).
.V Oliio. iHt
~
.
A
iMvr,
441
Now York
AVKIt..
— Murcli.—
K.Mi.Hiinm.
Fp)>.28.
Alliuiiy d:8ii<<<riini)iin *80
Hi.«. .V:N. Y. Ail-L. nf
(JHRONJ(JLIi
uf Mart-li and Aiiril:
niciitliH
tli<'
RANOe or BTOCKB
Hii'l.Cfd.
—
-
.
Interest
Inteiest Balance of
Amount
paid by
repjld by Int. paid
Outstand'g. United St'i tr'nsp't'n
by 0.8.
1
Character of Issue.
Central Pacific
Kansas Pacific
Union Pacific
Central Branch,
Western
Union
Pacific
Sioui City and Pacific
Total
Pacific.
$25,885,120 $1(>,I61,S7,; $2,561,34!) t:!,P02,23J
B,303,O0O
l,7i>7,3
4,427,188
2.r>B0,2l2
87.236,512
17,603,««
6,211,0*
1I,893,;9S
1,600,000
1,117,808
73,142
1,014.665
1,970.860
l,1.3«,'9
9,.36?
1,1:6,830
1,628,320
1,024,65
86,2->r
938,898
$64,S2'!,512 $41,773,-; 45
10,707,5 !<
$31,066,240
The Pacific Itailroad bonds are all issued under the acts of July 1. 1862, and
July 2, 1864; they are registered bonds in the denominations of $I,00>, f 5,000
and flO.noO; bear 6 per cent interest in currency, payable January 1 and July 1,
and mature 30 Years from their date.
IMPORTS AND EXPORTS FOR MARCH,
The following
1879.
by customs dictricts, shows Ute
v9.1aes of merchandise imported into and exported from the
United States during the month of March, 1879:
stfitement,
.
—
.
THE CHRONICLE.
442
LVOL.
XXVIIL
\
Customs
Br.izos,
Texas
Y
Buffalo Creole, N.
Oape Vincent. N. Y
Champlain, N.
Y
Cliarlcston, 8. C
Corpus Christi, Texas
Detroit, Miiili
Galveston, Texas
Huron, Mich
Key
West, Fla
Minnesoia, Minn
Mobile, Ala
New BctUord, M<i«B
New Orleans, La
New York, N.Y
Niagara, N. Y
Norfolk,
Va
Oswegatdiie. N. Y'
Paso del Norte (Tex.)&
Passaniaquoddy, Me
Pensacola, Fla
Philadelphia,
New Mexico
Pa
Portlancf, etc..
Me
Pucet'8 Sound,
Foreign
Domestic.
Baltimore, Md
Boston, Mjws
Wyoming
Ter.
$6,821
50,153
51,594
$1,015,230 $4,309,800
3,931,753
4,030,569
140,230
124,990
20,157
189,831
6,457
8,784
117,306
97,586
1,427,135
1,066
82,014
31,908
73,090
70,259
2,256,902
25,902
398,843
118,607
69,718
17,492
43,423
11,879
918,301
63.350
8,592
3,275
750,773 11,924,778
28,861,943 27,970,866
176,n04
1,218,297
2,713
56,727
49,683
10,973
56,841
44,917
218,972
4,216
3,485,831
3,576,030
281,575
77,782
219
162
..
Ricliraoud, Va
Saluria, Texa.s.
San Francisco, Cal
12,972
2,097,833
5,698
287,857
14,448
126,300
Savannah, Ga
Vermont, Vt
Wilmington, N. C
All other districts
Treasurer's transfer checks uutstandliig
Exiwrts.
Imports.
Districts.
$4,229,023 23
Treji^urcr's ffeiieral account
Special fund for redemptiun of fractional currency
$8,446,338
Interest due an(l unpaid
11,522,503
Called bonds and interest
68,()32,751
Coin certificates
17,74il,620
Balance, including bullion fund
331,830,872
00
l4
95
00
90
438,182,085 99
35
9,899
2,984
572
ASSETS,
MAT
$518,924,225 06
1.
Gold coin and bullion
Standard silver dollars
Silver coin
Silver bullion
Gold
certitlcates
Silver certitlcates
48,950
777,783
486
1,765
"494
1,674
8,771
42,27-1
United States notes
U. S. notes (special fund for redemption of fractional
currency)
:
National bank notes
National bivnk gold notes
Fractional currency
Deposits held by national bank depositaries
Deposits held l>y U. S. designated depositaries
Nickel and minor coin
New York and S.an
3,707
42,783
181
cci-tiiicutrs
(!f
deiiosit,
June
48
00
39
43
00
00
16
8,446, 338 00
7,635, ,700 54
126 ,495 00
131, 062 11
260,760, 430 69
33, 549
64
1,502 ,527 21
00
550 50
816, 500
One and two-year notes, Ac
KedecnuMl
129,332
87,160
2,143,697
2,243,676
108,498
145,960
641,726
Francisco exchange
$134,520,140
23,694,363
6,621,940
6,949,046
62,140
1,779,340
61,998,485
8,
1872
1,140 ,000 00
QuaiT<'jly iiiti'jrst 4')uM'ks and coin coupons paid
Registcrt'd and niiclaiiiicd interest paid
U. rt. iKHuis and interest
Interest on District of Columbia bonds
Pacillc Railroad interest paid
343 ,813 84
519 ,117 50
1,018 ,973 03
680 75
30 00
50
30
Speaker's certiti(;ates
Deficits, unavailable funds
131,,952
690,,848
$41.917,256 $65,008,924 $1,017,295
$318,924,225 06
Comparative statement of the imports and exports of the
United States for the month ending March 31, 1879, and for
the nine and twelve months ending the same, compared with
like data for the corresponding periods of the year immediately
pi0ttetavtj g i£/axxmxtxt\'ei\ ^nglisTt ^cxxrs
Total
preceding.
[Corrected to April 25, 1879.]
MEKCIIANDISK.
For the
month
Exports and Imports.
1879.— Exports— Domestic
RATES OF EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.
EXCHANGE AT LONDON—
EXCHANGE ON LONDON.
Al'RIL Ig.
For
tlio nine For
the 12
nn*nlhsend-j niontlis ended March 31 ed March 31
of
March.
$05,098,924 $549,1 21,38l'$707,173.300
1,017,295
13,036,144
9,450,844i
|i66,116,219 $538,572,225 $720,209,450
Total
Imports
41,917,2.50 329,440,636 436,378,328
Excess of exports over imports $24,198,963 $229,131,589 $283,831,122
Excess of impoils over exports
...
Foreign
j
On-
Time.
Amstci-dam
Amsterdam
Antwerp
.
$70,410,193 $522,657,343 $051,966,311
1.316,385
10,.571,198
13,4.54,190
Total
$71,726,578 $533,228,541 $665,42(^51)1
Importa
37,637,871 330,113,840 465,929^698
Excess of exports over imports .$34,088,707 $203,114,701 $199,490,803
Excess of inii>orlH over exi)oi-t8
....
Foreign
GOLD AND
1879.- -Exports—Domestic
SILVEIt (COIN
AND BULLION).
$2,400,797
594,047
. .
Foreign
Total
$10,605,341
5,220,840
$15,826,181
15,988,126
$2,994,84^4
Imports
Excess of exports over imports
.£xces8 of imports over exports
1878.— Exports— Domestic
1,184,604
$1,810,240
I
$18,785,810
7,707,504
$26,493,274
25,996,197
$497,117
**
"
$18,881,416
4,191,576
$23,072,992
19,813,213
$3,259,749
ii2,233,9S6
.. ..
Foreign
658,687
$2,892,673
2,187,687
Imports
Excess of exports over Imports
Excess of Imports over exports
$704,986
23..s 38,3fi7
$23,910,512
TOTAL MERCHANDISE AND SPECIE.
.1879.—Expoi-ts- Domestic
Foreign
S7,499,721 $359,726,722 .$725,959,116
1,611,342
14,671,684
20,743,648
$09,111,063 $374,398,406 $746,702.7(>4
Imports
43,101,860 345,42-^,762 462,374,525
Excess of exports over imports $26,009,203 $228,969,644 $284,328,239
Excess of imi»orts over exjwrts
.
Total
1878.—Exports— Domestic
Foreign
.$72,644,179 $541,.538,759 .$689,651,465
1,975.072
14.762,774|
23,517,915
$74,619,251 $.556,301,533 $713,169,380
.
Total
.
Imports
39,823,558 349,927.083 48^,768,064
Excess of exports over importsbii34,793,693 $206,374,450 $223,401,315
Excess of imports over exports'
I
UNITED STATES TREASURY STATEMENT.
The following statement from the
ofBce of the Treasurer for
was issued this week.
It is based upon the actual
Tetums from Assistant Treasurers, depositaries and superintend-
May
1
ents of mints
and assay
ofBces
:
LIABILITIES,
Fund
MAT
1.
for redemption of certiflcatcs of deposit,
T,^^J^«Post-offlee
.\
June
8,
.$32,045,000 00
2,035 641 10
:
Disbursing
Department account
balauces
Fund for reilemption of notes of national banks " failed,"
" in li(^ui(latiou," and " reducing circulation"
Undistributed assets of failed national b.inlts
Five per cent fund for redemption of national b.ink
otllcers'
„°»te8
* und for redemption of national ))ank gold notes
Currency and iniuor-coiu redemption account
rntercst account
•Interest account, Paciflo Kailroads and L. & P. Canal
Co
Treasurer U.
_
S.,
agent for paying interest on
t>.
6. bonds.
14,637,216 33
13,003,496 75
967,228 96
13,659,897 95
1
7"0 00
3,749 45
108,012 75
^ 830 rto
40,322 55
®20
•20.,59
ai201.64
•20.59
®20 64
(il
t(
22''8a23
11.92 l2@H .971-2
. . -
Rate.
12.06
April 17 Short.
25.26
25.201a
.\l'ril
17
April
April
April
April
April
17 Short.
17
"
CiuUz
tt
Genoa
**
27.92 i2S)27 •97 Jo April
Naples
Milan
<(
•27.92 i2a)27 •97 la April
47i4®47
47i4®47 %
Cheii's.
17
l.H
3 mos.
17
20.44
20.44
20.44
23 14
117-30
27.50
1
3 mos.
17
27.50
27.92i3®27' 9712 April 17
27.50
Listion
51!>8®51
90 days
Alexandria .
April 15 3 mos
97%
4.87
New York...
.\l)ril 17 60 days
Bombay .... 60 days
Is. 71i6d.
Aprii 17 6 mos. I8.7i2d.-ls.79i6d
'*
Calcutta
Is. 7ii6d.
April 17
Is.7i2d.-l8.7»i8d
Hong Kong
April 17
38. 7i4d.
Shangliai
5s. Od.
Aiuil 17
**
.
I
$37,085,154
10,063,725
$47,748,879
•20.59
'*
Time.
April 17 Short.
Vienna
Madrid
161,945
Total
12.3i2®12 4
;5.42i.>«.2r)
. .
Berlin
St.Petei-sb'rg
1878.— Exports— Domestic
'*12
471
Short.
3 mos. 25.42li;a2.". 47'
P.aris
Frankfort
12.1
Short.
3 mos.
*'
Paris
Hamliurg
Latest
Date.
Rate.
From our own
correspondent.]
London, Saturday, April 19, 1879.
It was well known that the supply of money would increase
as soon as the dividends on the public funds had been distributed, and there has this week been a much larger supply of
unemployed capital in the market. The rates of discount have
been very easy at about 1'% per cent for three months' bills,
but the holders of choice paper are reluctant to pay even that
low price for accommodation, and hence lower quotations are
expected next week. Nothing has, in fact, transpired to change
the belief in a somewhat protracted period of cheap money, as
trade and enterprise are as dull and restricted as at any period
during the last twelve months. The greatest caution is observed
in every department, and there is an almost complete absence
speculation.
In fact, speculators find that there is no
encouragement to speculate either in merchandise or in bonds,
and consequently both trade and Stock Exchange business are
conducted on very proper and legitimate bases. At the same
time, we are not only importing less, but we are paying
comparatively small sums for imported produce, the decrease
in the value of our imports during the first three months of th»
year being officially estimated at £11,000,000, compared with
1878. There is al.so a falling off of £3,000,000 in the value of
our exports of British manufactures, so that the reduction in
the value of our imports and exports for three months is £14,000,000, or at the rate of £.50,000,000 per annum. It is thus
evident that much less capital is necessary to conduct our trade,
and not only is this the case, bat securities of nearly all kinds
are low in price, only those of acknowledged soundness being
quoted at high quotations. This is, ia fact, a feature which
of
confirms the belief that much di.strust still prevails. Consols
have been quoted at 98)6 to 98>S to-day, and the value of
Colonial Government securities, India Government stock, Indi&
—
Mat
3,
:
.
U
:
THE
1879.]
railway debentaiwi, British preference and debenture railway
HtockH, and United States Government and railway securitieH
has b»!en rising. Investors and trustees evidently consider it
judicious to leave as little as possible to chance, and to be content with a low rate of interest. This, however, is a condition
of things by no means satisfactory. Only the very rich can be
eontent with 8 per cent interest per annum for their capital
and have the principal shrink at the end, for consols at 98 and
upwards are likely to have a fall when more confldence exists.
There are certainly no indications of any immediate change in
the present state of affairs, and hence very low rates of
discount are expected to prevail throughout the summer
months. Our imports will cost us still less, as they will be as
usual on a diminished scale daring the three months previous
to harvest, and there is not much danger of the public being
enticed into foreign loans or speculative enterprise of any kind
The rates of discount have not varied to any important extent
during the week, but the tendency has been towards lower
The
quotations.
rates current are as follows:
Per cent.
2
Itnuk rute
OiHiii-iiiurket mtes
\iO iHKl tiO (lays' bills
bilk
3 niDiithn' billa
^a
1^9
1
Oi>en-niarkot rates—
4 moiitb»' bunk bills
(i
moiitbit'
4
cSc
Per cent.
l^-itli-i
bank
U inuntlu'
blllK
trade bills.
1<>h«1^
2 '32i<j
The rates of interest allowed by the joint-stock banks and
discount houses for deposits are as follows:
Per cent.
Jolnt-ntork banks
1
UlAcoiint liuuscB at call
Annexed
1
with 7 and 14 days' notice of witbdrawal
1
a statement showing the present position of the
do
is
Bank rate of discount, the price of conthe average quotation for English wheat, the price of
Middling Upland cotton, of No. 49 mule twist, fair second quality
and the Bankers' Clearing House Return, compared with the
Bank
of England, the
sols,
di-oiil.itinn,
1879.
1878.
1877,
£
£
£
Includinii;
1876.
.
£
29,691,032
6,545,999
28,373,888 28,744,433
7,241,867
6,457,402
Othur securities
22,334,.573 16.556,488 15,329,901
Govornnrt Hccuritics. 14,906.801 21,151,689 19,490,210
Othrr deposits
31,824,554 22,359,140 23,190,134
Res'vc (if notes & coin 19,091,514
9,846,189 12,779,964
Coin and bnllion in
both doiimtnients
33,516,239 22,925,444 26,194,994
blink iwst bills
ili'.posite
.
27,759,867
4,963,300
14,.545,365
17,688,330
22,680,907
13,391,740
25,848,310
.
Proporti(tn of reserve
to liabilities
Bank rate
49-41
2 p. o.
32-93
3 p. c.
42-63
47-91
3 p. c.
95
2 p. c.
9518
Consols
98
95
wheat, av. price.
4l8. Od.
51s. 5d.
52s. 4d.
6i4d.
Mid. Upland cotton.
516,8d.
6»8d.
10i4d.
glid.
No. 40 mule twist ....
9d.
ClearinK-Housei-etum 64,680,000 109,487,000 112,727,000
458. Id.
639d.
En(C.
.
llHd.
79,836,000
There has been scarcely any demand for gold for export, and
considerable supplies have been sent into the Bank; but, owing
a good deal of additional coin ha»been in circuand the quantity of gold held by the Bank has not,
therefore, materially changed.
The silver market has been
very quiet, and the quotation has fallen about ^d. per ounce.
The value of Meiican dollars has also had a downward tendency.
The following prices for bullion are taken from Messrs.
Pixley and Abell's circular
to the holidays,
lation,
Bar
Bifcr
GOLD.
per oz. standard.
per oz. standard.
per oz.
per oz.
Bpunlsh doubloons
South American doubloons
United Stales /rold (jolii
Ocruiuu gold (ioiu
8IL\1!R.
per oz. standard, n(Mircst.
grs. gold. per oz. standard,
do
Alcxican dollars
Chilian dollars
poroz.,
d.
4958
50
do
£6
s
2s.
oz., none here
Discount, 3 per cent.
6d.
®
®
d.
d.
48^3
per
Quicksilver,
The
d.
s.
77 9 ®
77 1012®
73 9 ®
73 8i2®
peroz. 76 334®
peroz. 76 314 a
go\d, flno
Kold, retlnable
Bar silver, flne
Bar silver, (sontalu'g 5
a>
following- are the current rates of discount at the prin-
cipal foreign
markets
Bank
rate.
Pr. ct.
Paris
Brussels
3
3
Anist(T(liUn
313
Berlin
Hamburg
3
3
Fraiikfoi-t
3
Ixip/lg
Ucniia
3
4
Qcucva
3I3
443
as it wm previouiily ea«y.
The depreMion in thn
market for Rawian bonds this week han been partly due to thf)
attempt which has been made upon the Ciar'it life, aod by
money
reports of threatened disturbances.
society in Russia
is
much
agitated,
It
is
well
known tlwt
and that the
greatly dissatisfled with the existing state of things.
sian pttople may well expostulate with their rulent,
pe<iple ate
The Rns*
when thvy
perceive that the newly-created Bulgaria
is to have a LegislA<
Assembly while their own Government makes no siga ia
the same direction. The Russian people will also feel for
a long time to come how heavy has been the bnrden entailed
upon them by the late war the^beneflts they have derived-rthough great are less obvious. At present, they know too well
that many valuable lives have been sacrificed, and that thera
has been a vast outlay, which must cripple the finances of the
Government. This means that heavier taxes will bo imposed
upon them so that, in spite of victory and of some accession
of territory, each individual mast appropriate more to th^ Government and have less for himself than a few years a^o. If
the Russians have no confldence in themselves, it is not likely
that foreign countries will have, and hence the delay which
arises in negotiating the long-talked-of and necessary loan.
Russia requires a large sura to meet the heavy requirements of
the admini.Htration but no firm or syndicate has yet ventured
to fake the matter up. It is certainly not pleasant to a country
like Ru.ssia to have to bonow ten per cent less favorably
than in 1873, but is there any rea-son why the value of their
bonds .should improve?
The Meml>ers for Birmingham addressed their constituents on
Wednesday, being at a later period than usual, owing to the
indifferent health, arising partly from domestic affliction, of
the senior member, Mr. Bright. In one of my letters, written
tive
j
—
;
;
I briefly expressed the opinion that it would
be a blessing if a semi-barbarous country like Afghanistan
were absorbed by civilized communities, and that many future
complications would be avoided if Ru8.sia and England agreed
upon a frontier, mutually satisfactory, in Asia. We should
certainly be able to respect each other's power, and this would
be a guarantee for peace. Mr. Bright alluded to this subject
early in the year,
three previous years
Public
'
(;HRONl(n.E.
Bank
Open
market.
Pr. ct.
2ii2®2!li
.2%®2S8
3i4®3i2
2 ®2%
l''8®2i8
214
213
3?t®4
Vienna
& Trieste.
rate.
Pr. ct.
4ia
6
Petersburg ...
Madrid, Cadiz &
Barcelona
Lisbon & Oporto.
St.
6
5
New York
Pr. ct.
3%®4
413 '£^5
6
5
6
®7
®«
®7
9
Calcutta
Copouhagcu
Open
market.
4
®4i<i
4 ®4ia
313
For many years, Russian stocks have l>een a very popular
investment both in this country and on the Continent, and
although the Russian Government borrowed largely in 1870,
1871, 1872 and in 1873, viz., about £68,000,000 nominal, it experienced no difficulty in placing a 4% per cent for £22,716,920 in
1875 at the high price of 92 per £100 stock. The previous loan
raised in 1873 was in a 5 per cent stock at 93, so that the credit
of the Rn.ssian Government in 1875 stood high. The 1873
loan LS now, however, near'y ten per cent under the issue
price, and the Russian Government find it as difficnlt to borrow
in the following
words
:
Well, now, as to giving np India. No, I will not propose to
give up India all 1 propose is, that we should try to make the
best of it and not the worst of it, and give up the childish terror
under which we have been laboring. We have heard of a
neutral zone or belt of neutral territory between India and
Russia in Asia. I remember some years ago having a converse^
tion on this subject, I am not sure whether it was with Lord
Clarendon or Lord Granville, and the Duke of Argyll as well,
but they spoke to me about this neutrai zone whi(3n they were
endeavoring to establish with Russia. My opinion was aitked
about it. I said, " it is a very good thing under the circumstances, if nothing better can be done ; but," I said, " it will be a
great deal better for Russia and England when there is no
neutral zone and when these two empires are conterminous."
Now, did you ever hear of a neutral zone between the United
But although when the United
No.
States and Canada?
States entered into the late war with millions of men in arms,
she did not touch upon Canada. Did you ever hear of a neutral zone between France and Italy, or Spain and Portugal ? No.
But why do these countries remain at peace ? Because they
have no interest in going to war. If there was only a mountain
ridge, or a stream, or a fence, that one of these young gentlemen that I shall see opposite me next week, I dare say, could
leap over on his hunter without the least difficulty if there
was only a barrier like that between Russia in Asia and Britain
in Asia, there would be no difficulty in preserving peace between
Russia and the United Kingdom. Surely two civilized nations
can remain at peace. They remain at peace all over Europe.
They remain at peace in North America. They can remain at
peace in Asia. Russia is far, I would say, more accessible to us
Then, Rusif we were (iisposed than we know India is to her.
sia has as great an interest in being absolutely at peace on the
borders of our Indian Empire as we have in being at peace on
the borders of her Asiatic dominions ; and if this were once
brought about, the difficulty does not rest at St. Petersburg— it
rests in this country, and it rests in India.
In the wheat trade, there has been no important feature.
Supplies are adequate to our requirements, and millers pur;
—
chase sparingly at about late prices. The weather has been
favorable for agricultural work, but the winds are cold, and
vegetation is in a very backward state. The coldness of the
winter has been unparalleled, and we have now had nearly five
months of a low temperture. The death rate in the country has
been much above the average, but although we expect a genial spring, we are still only looking forward to it.
During the week ended April 12 the sales of home-grown
wheat in the 150 principal markets of England and Wales-
amounted to
52,939 quart«rs, against 36,319 quarters,
and
it
.
.
kingdom
were 211,750
Since harvest the
sales in the 150 principal markets have been 1,757,741 quarters,
against 1,381,588 quarters ; while in the whole kingdom it is
computed that they have been 7,031,000 quarters, against
computed that
the whole
in
[Vol. XXVIII]
NEW YORK
FOltEIGN IMl'OliTS AT
the.y
quarters, against 145,250 quarters in 1878.
—
...
THE CHROINKJLE.
444
8
—
.
THE WEEK.
FOI!
General nidsc.
1876.
$1,183,974
3,908,633
1877.
$1,111,845
6,132,219
1878.
$1,148,496
5,183,353
$1 ,783,385
Total week
Prcv. reported.
$5,0:>2,60.9
106,633,078
$7,244,06 4
103.028.044
$6,331,849
90,653,114
$7,473,101
95,365,350
Dry Goods
"
5,534,500 quarters in the corresponding period of last season.
"
Tot. 8'ce Jan. 1.. $111,723,687 .$110,272,105
1879.
5,687,716
$98,984,963 $102,838,431
Without reckoning the supplies furnished ex-granary at the
The following is a statement of the exports (exclusive of
oommencement of each season, it is computed that the following specie) from the port of New York to foreign ports for the
quantities of wheat and flour have been placed upon the British week ending April 29:
markets since harvest:
EXl'OKTS FROM NEW VOllK FOR THE WEEK.
25,821,000
Tot. 8'ce Jan. 1.. $79,047,593
The following will show the exports of specie from the port
of New York for the week ending April 26, 1879, and also a
66,073,316
53,624,405
18,721
1,213,811
664,601
211,292
65,449,640
64,829.475
52,959,004
63,079,752
8d.
498. 6d.
458. 6d.
$1,382,548
74,465,047
Frev. reported..
81,774,138
40s. 4d.
September
52.S.
to the close of last week,
23—Str. Morro Castle
24—.8tr. Herder
$86,366,003 $113,502,955 $103,437,192
Havana
London
24—Str.
26
Caniraa
—Str. Main
1878-9.
cwt. 29,634,803
7,443,989
6,571,218
971,713
770,311
19,327,939
5,316,056
Oats
lloaiis
Iiidiau
com
Flour
Hamilton
Eng. gold coin.
Hiemcu
London
Mex.
Am. Rold
26—.Str.
1877-8.
1873-6.
36,498,680
9,165,737
6,912,579
1.118.864
2,276,643
19,295,913
5,592,130
23,200,710
9.563,762
0,305,861
819,929
3,056,654
33,206,889
6.038,631
5,849,146
988,366
2,319.200
14.386,040
4,203,155
20,213,.555
3,805,195
KXPORTS.
Uorley
Gate
I\5il8
ISenna
Indian corn
Flour
1875-6.
1870-7.
1877-8.
638.919
1,203,312
37,620
23,264
13,862
14,836
140.815
40,529
90,340
59,023
12,122
7,025
290,864
91,249
1,200
1,679
80,000
16,262
20,800
2,000
10,000
coin.
silv. bars.
silv. bars.
Mex. silv. dola.
silv. bull'n
silv. dolR..
Mex. silv. dols.
Liverpool
Am.
Am.
1876-7.
1878-9.
cwt- 1,145,272
Wheat
$24,530
52,300
10,000
4,885
silv. dols.
silv. bars.
silv. bars.
Am.
Am.
IMPOKTS.
l*ea«
with the
Am.
20—>Str. Germanic
;
Mex.
Hanibui's
compared
with the corre.sponding period in the three previous years
Itea-ley
$6,956,903
96,480,289
comparison of the total since January 1, 1879,
corresponding totaLs for several previous years:
The following figures show the imports and exports of cereal
produce into and from the United Kingdom since harvest, viz.,
Wheat
$5,945,499
107,557,456
April.
wbeiit for the seuson.
Ist of
1879.
26,558,500
For the week...
Av'sc price of Euglish
from the
1878.
23,982,500
4,263,155
of
Result
1877.
$4,.391,867
1876.
1876-7.
23.200,710
3,865,195
65,291,044
65,468,361
Total
exports
-whcit and flour
Deduct
1875-6.
3.),206,889
1877-3.
36,498,680
5,592,136
1878-9
Imports of wheat. cwt.29,684,86.5
Imports of flour
5,316,056
Snles of liome-grown
30,467,500
produce
195,785
19.297
193,707
28,006
6,292
31,515
15,307
33,1542
77,501
19,933
18,973
307,847
25,682
Bei-muda
St.
John, P.
K
the week ($217,791 silver. an<l $6,085 gold)
$223,876
Pievioualy reimrted ($0,137,313 .silver, .-uid $221,712 gold).. 6,379,023
Tot.nl for
Tot. since Jan. 1,
9 ($6,373,101
Same
Same time In—
1878
1877
1876
1875
silver,
and $22 ,797
1874..... $11,230,486
$7,063,103
4.853.632
16,033,447
23,183,973
1873
1872
1871
gold).. $6,602,901
Same time
tijno in
18,527,737
10,763,548
23,143,050
1870
1869
1868
1807
in
$8,689,287
10,914.451
22,83r,938
9,384,281
The imports of specie at this port for the same periods have
been as follows:
April.
21— Schr. A. D. Merritt
21—Sti-. City of Merida
Am.
Am.
Am.
Baracoa
Vera Cruz
$2,100
29,050
silver
silver
gold
Foreign gold
Foreign gold...
1,06.3
6,513
2,836
2,000
1,290
0,500
32,274
1,416
. .
EnallHh market Keports— Per Cable.
H.imilton
22—Str. Caniraa
Am. silver
Kio Janeiro
Str. Hermann
The daily closing quotations in the markets of London and 22—
Port-au-Prince
Foreign silver.
22— W. D. Andrews
Foreign gold.
Wa8liingt'n.H.aV!iua
of
shown
in
23—
Str.
C.
are
Liverpool for the past week, as reported by cable,
Am. silver
25— Str. SiHito Domingo. .Han Domingo
the following summary:
Aspinwall
Am. silver
Acapulco
Str.
26—
Am. gold
London Monty and Stock Markft. The bullion in the Bank
Silver bars
of Bngland has decreased £75,000 during the week.
silver, and $17,040 gold)
.
128
324
—
Mon. Tues.
Wed. Tliuva.
Apr.28. Apr.29. Apr.30. May 1.
Sat.
Apr.20.
Silver, per oz
Consols for money
Consols for account
9808
98=8
lOS^B
10338
U.aiO-40a
Tl. 8.
U.
8.
50
<f.
.5«of 1881
4>2sof 1891
U.8.480fl907
common stock
Krie,
50
50
OSI'ib
OSHie
98"n
98''8
loss's
105%
109%
lOO^Vi
1041s
27»s
104=8
27 '4
88%
Illinois Central
Pennsylvania
PUiladelphia&Readiug. 15>i
Liverpool Cotton Market.
88%
37%
15%
Liverpool Breadatuffi Market.
s.
Flour (ex. State) «bbl.. 23
Wed.
Tues.
s.
d.
s.
d.
s.
6
23
6
23
8
5
85
7
90
93
8 11
9 3
4 T>9
4 4ia
—
ft
ff
St
47
20 O
."270 260
73
32
40
Cheese. Am. choice. " 40
London Petroleum Market.
Mon.
Sat.
—
d.
"
26»8
88>2
88%
23
Pork, West. mess. ^bbl.47
Baoon,rngcrr,new.cwt.2G
Short clear, new
Beef, pr. me*s,new,|ttc.75
tard, prime We~st.Wcwt.32
Peti-olcnm, spirits
26''8
814
...•«>
50
Tot. Since Jan. 1, '79 ($2,941,555 silver,
98''i«
98U,j
x
^
3
5
«
d.
85
70
90
93
8 11
93
70
90
93
8 11
937is
4
4 4H)
Tues.
ff
4 7'3
4 ihi
Wed.
H
tf
47
20
26
75
32
40
o'
(I
47
20 O
26 6
75
32
40
d.
lOS^a
106
110
lOlig
28
6
Wed.
Tuoj».
d.
d.
8®8i«
8%®8'4..®.
®
®
m—
33%
10
23
6
85
70
90
93
8 11
937I3
4
4 413
Thurs.
S
(f
937I9
i'a
Fri.
ft
ft
47 o' 47
25 9
26
26 6 26
75 O
75
32
32
40
40
Tlnirs.
d.
..
»>
a...7'4®3
Fri.
d.
$1,234,079
1,593,.530
038,519
2,994,481
1870
1809
1868
1867
$0,340,509
8,463.145
2,817,142
692,614
ExportH of Provision'.
Fri.
d.
9 4
8 11
1874
1873
1872
1871
gold). .$3,439,278
Same time in—
following are the exports of provisions from New York,
Bo.ston, Baltimore, Philadelphia, Montreal. Portland, and New
Orleans, for the week ending Apr. 26, 1879, and their distribution:
To-
«.
4
4
$85,50})
3,373,778
The
23
85
70
90
and $517,723
Same time in—
San>c time
1878..... $10,412,378
6,270,074
1877
1,552,308
1876
5,»93,010
1875
8«'i!
Tluirs.
s.
d.
.
2.
—
Mon.
Liverpool Provisions Market.
Sat.
Mon.
Petroleum, rof....^ gal.
109%
104%
6
85
76
90
93
93
Q
lOO'ia
104''8
d.
WhOiit,8pr'g.No.2,1001b.
'
Spring, Vo. 3...
"
Winter,Weat.,n.
"
Southern, new
"
8 11
Av.Cal. white..
"
California club.
Oom,mix,8ft,old,¥cenfl 4 7>2
"
4 413
Priiuc, new
.
10378
lOS^a
98*16
103:%
105>9
38%
38>a
13>fl
15'a
See special report on cotton.
—
Sat.
50^
,30
98i3i8
Total for the week ($68,460
Previously reported ($2,873,095 silver, and $300,683 gold)
Fri.
May
Liverpool
London
Glasgow
.
.
.
.
Beef,
Lard,
Bacon,
Cheese,
Tallow,
bbls.
bbls.
Ills.
lbs.
lbs.
Ih.s.
1,208
1,620
787
214
348
191
50
Bristol
Hull
British
Pork,
Port.s
Hamburg
—
Antwerp
Bremen
Rotterdam
Havre
296
100
157
1
..
1,081,352
7,154,214
224
301
15
248
100
3
00
31
04,000
5.000
800.000
7,000
2,326,315
3,073,680
072,000
240,5^"
2,562,1.30
729,075
S.&C..\meriea
52
140
West Indies..
3,143
07
711
492,260
440
171.200
397,813
000,710
Br. N. A. Col.
Oth 'rcouutr's
400
120
8,!">00
Marseilles
Italy
C<int'l porta..
Tot:il
we*k
.
Previo:is w'k
5.30
163
0,904
7,196
367.0.-.0
704,450
88,200
195,120
210,480
921,109
237,700
236,573
97.3
430,030j
3,180,730
450,023
91,075
49,300
56,500
2,373
28,500
13,444
182,135
083
873
'o6',966
1,800
170,.500
14,480
3,000
166,006
6,01,0
23,866
5,237
44,695
3,876
145
938,666
24,392
3,906:10,947,431 13,639,351 1,323,963 2,430,581
2,591; 7,953,033 16,902,139 1 ,000,405 2,631,344
«...
...ai..
U. S. Leoal Tenders and National Bank Notes.— From the
Comptroller of the Currency, Hon. John Jay Knox, we have the
following statement of the currency movements and Treasury
balances for three months part
:
—
Imports and Exports for the Week. The imports of last
week, compared with those of the preceding week, show
an increa.se in both dry goods and general merchandise.
The total imports were $7,473,101, against $8,749,043 the preceding week and $3,503,056 two weeks previous. The exports
for the week ended April 29 amounted to $6,956,903, against
The
t!5,.505,487 la?t week and $6,167,126 the previous week.
following are the imports a*^ NewYork for the week ending
(for dry goods) April 24 and for the week ending (for general
merchandise) April 25:
U. S. IlomUlieldasseciiril!/
April 30.
Meh. 31.
Feb. 28.
for
Binidsfor circuHition deposited. .$21,(i9i',700 $12,281,2.30 $12,036,4,50
l(i.982,;^(X)
11.775.2.50
19,939,300
witlidrawn
Bond.x for circulation
330,090,400 351,196,400 332,2.30,5,50
Total held for circulation
Boiidsheld as6ccu)ity tordopo.sits 13.922,000 14,052,400 14,232,400
Leqitl-Tender Solis.—
Deposited in Treasury under net
003,190
1,118,400
710,700
of .lune 20,1874
Total now on deposit, including
12,312,812 12,800,098 13,356.239
liquidating b,ink8
,,„„„,
Total entered underact of Jan. 14.
33,318,981 .33,318,984
d.»,oio,yo-i
^^75
Total amount of grcenbivcks ""t340,<)8l,OJl< 346,681,010 346,081,010
standing
NatimuU Hanks.—
•-••
;
.
.
May
U
THE CIIUONUJLE
1879.]
Hank Otrrulation—
Nntitmal
N<*w rii-i'iilulltin (hhimmI.
Clroiiliitlon Ti'tiiiMl
Tutat iiuUm
.
Feb. 2R.
Mdi.ni.
2 (>7H.ltM>
2,0(>3,4(HI
124. 12H
1)22.131
April 30.
2.i»:\7.(m()
l),llM)l<i
('inToiu'V
Oolil .. .
:
.
12 1..57!),2.10 32.'i.tl00.27() ;t27,07H,nio
l.in0.920
1.4i)U.U20
ll,300,irt>0
4,(HI2.0O0
4.771.m)0
1.700.000
5.()')S,0(X)
.'M10.(X)0
3.02S.(M)()
300,000
1.7S3.0O0
2.7(18.000
1 ,
KKI.IHM)
Noti'8 recolvcd for riMlciiipMoii
from
Now
Yiii k
Itiwloit.
I'hlliuli'l)iliiit
Mlar4!lluneoiiM
418.000
1
$13.0H3.000 $12,3»M,000 $10,IH7,0<K)
The following is a stutement of the Comptroller of tlio (!iirroncy, Hbowinfi^ the isMue and retirement of national bank notes
and U'jx&\ tender notes, under the Acts of Juno 20, 1874, and
January 14, 1875, to May 1, 1879:
—
Natioiuil Hank Noiet
Oiitstjuidlnx wliiMi Actor Juno 20, 1874, was naaHed
$3.10,891.182
iHHiuvl fi-oiii June 20. 1874. to Jim. 14. 187.5 . |I4.734..')0U
KcHlitonicU luid lutlroil between suuio dntos.
2,707.232
. .
from June 20, 1874.
Outxtnndliijt Jiiimary 14,
Hedecin'd mid
to
January
14, 1873.
from Jan. 14,'73, todato $73,899,048
Surrendud ln>t«een »ame datea
11,097,932
H,
from Januarj-
I>e<!rcn8e
.
Wall
street.
— Messrs
(Jwynne
&
Day, one of the leading
tito<!k
an4 bond
firms in Wall street, having a standing there of fifteen or
twenty years, have removed to haudHoint; offl(;es at 45 Wall
street.
—Mr. John
Southern
B. Manning, the prominent broker and dealer in
shortly remove his office to No. 6 Wall
securitieij, will
street.
—Messni.
moved
Oelston
their offices,
&
and
Bits,sing,
will
bankers and brokers, have reat No. 10 Wall street.
now be found
Bl^K'^G AND
$331,801,430
letliiid
.
—The wpII known Ann of Latham, Alexander & Co., in banking and cotton business, hate removed from 18 Wall stwwt to
elegant qunrtei's in the Queen Insurance Buildintr, 37 and 39
1.967.268
1873
Totjil redeoim'd and suiTondorcd.,
Issued between name date«
tisement.
.910,000
TiiUI
InereiiHe
—Attention is called to the rnrd of Mr. Vfin. R. Utlov, which
fc.undon the fourth pag» of the CiiKnwKsi.ii, Mr. Utlc/
ready to purcha.se a niinil>er of securities named in hiH adver-
will be
is
uiit.-ituiiillDf;
415
Ofkiuk of
Fi.sk
&
FiI«l^(;liL.
n.\Ti n,
No. 5 N.\)«.uj Stukkt,
I
Nkw Yohk, May 2. 1879. }
Inquiries r>-iim all Part* orth<t Land:
During the imst week our oillee bos been thronged with friends and
customers, our mail imiicli has l>eeii crammed with lettoin, telegraph
To AiiKwer
$81,990,970
00,814,430
1873, to dnte
$24,182,540
boys have been going to and fro in a ste.vly stream, and so many Inquirhave iwured in upon iLs as to m.vke it alm:)st liojaisible to flail tima
to answer them.
Many are not awni-e that the Four per cents are iintax.tble In any
form that the iutcicst Is paid every qua iter that no other Oovemment
bonds, at their present cost, will pay as good Interest In the long nui.
Holders of called bonds do not know that by exchanging at onco for
" Fours." thej- can do so upon terms that will give them Interest at the
rate of six iier cent for the next three months. Holders of fives and
sixes of 1 881 are exchanging largely for "Fours," and are thereby making
their income— by taking into account the difl'erenec received— fully equal
to Ave per cent per annum for the coming two years, and at the same
time escaping the contingency that the Government m.iy l>e able to sell
"Fours" at a premium In 1881, while calling In and paying off their
bonds at par, or to negotiate a bond bearing not over three-and-a-half
per cent interest. Every five and six ikt cent bond held In Europe will
be lotunicd to this country before 1881, as the last coupon will bo cut off
by that time, and Eiiroiiean holdcis do not take registered bonds, while
Four per cent bonds will go to Euioi>e to take their place, to a largo
extent. All these factsuhow that the amount of the "Fours" remaining available for the re-.'nvostment of over ?!250,C0O,0CO of all called
l>ond3 will be rapidly diiiiinished, and that under the eombiiiod demand
for this purpose and for new investments at home and abroad, tlioy will
soon become scarce in the market.
It should be remembered that the Fives of 1881 at 102, if redeemed at
the maturity of the option, will pay but four per cent, and that the Sixes
of 1881 at 104 for the principal will barely do the sanio.
It must not be lost sight of tliat National Banks will not be likoljr
hereafter to deposit in Wniihiiigton any bonds but the " Fours," and that
with iucrea.scd activity in busines.s they will need more and more bonds
for that pui-pose also, that if a National Bank can lo,in its money at only
three or four per cent, it can, by ta'diig out circulation on Four per cent
bonds, increase the rate to about six per cent, while if the loaning rate of
money is six and seven, circulation becomes still more profitable; that
the Savings Banks can find absolutely nothing in large amounts in which
to invest their money but the " Fours ;" that they will ere long be compelled to reduce their rate to depositors to four per cent; that the great
Life, Fire and Marine Insurance companies have fared so badly with
real estate security, town and city bonds, andotherniisecUaneous inve«tments. during the past few yeai-s, that they arc now putting the bulk of
all their .iccumiil.ttions into Government "Fours;" that estates and
tnist funds absorb cuorinou.1 amounts; that the i>coplc North, East,
South and West are putting away the registered United States Government Four per cent bonds as a sure thing; that Em-oi)e is now commenciug with daily-increasing rapidity to buy back in tlio "Fours"
the Ave to six hundred millions it has sold to us in' fires
and sixes during the past three or four j-cars; that wo are tlio
safe asylum not only for the peoples but for the moneys of all nations
that our Four per cent Government bonds are dealt in on every bourse
and stock exchange in the world. All tiie foregoing suggestions are dosigned to answer some of the numerous questions which are put to us
every hour of each day.
We will only add that during the past week, of the $121,000,000 Four
per cents, recently subscribed for. over $38,000,000 have already been
taken up by permanent investors, one life Insurance company having
taken $2,000,000, another $1,000,000, one s.ivings bank $2,000,000,
another $1 ,000,000, one merchant banker for his clients $1,000,000,
while large amounts h,ave been takeu by National Banks to bosubsti
tuted for their other securities In the Bank Department, and at least
$3,000,000 have gone to Europe. It would not be surprising If the London and Continental markets should, during the present year, absorb at
least one Itrtndred mittioiis.
No country or nation ever became great and prosjicrous that permanently paid a large rate of Interest on its imblic debt.
A dishonest country or nation pays no Interest at all.
A countrj- or nation in bad credit pays the highest rates.
A country or nation honest, upright and Jealous of Its crotllt, IwtTOws
money on Its own terms. Capital and ontori>rlse seek that land and Itn
ies
Otit»t«tandiug at date
$327,678,010
Oreetibarkg—
On
d(?IKi»lt 111 the TrenHitr.v Juno 20, 1874, to rotlif notes
of insolvent and liriuldatliis liaiik.<i
DoiWHitixl fiDui Juue 20. 1H74, 10 dutu, tu retire national
;
$3,813,673
bank notes
80,208,841
Totiil deposits
Circulation redeemed by Troiisuror between
wltliout re-issue
On
$90,022,519
gnmo
dates,
76,606,280
deposit at date
$13.3.">0.239
Retired under Aet of January 14. 1875
Outstanding at date
$3.5.318.981
346.681.016
Stateme>(t of the Comptroller of the Currency, showing by
States the amount of National Bank circulation i.ssned, the
amount of Legal-Tender notes deposited in tlie United States
Treasury to retire National Bank circulation, from June 20, 1874,
to May 1, 1879, and amount remaining on deposit at latter date.
Leial-Tendor Notes Deposited to
Retire National Bank Circulation since June 20, 1S74.
Additional
8T.VTK.S .VNI)
Tkukitohiks.
Clreiilafn
issued s'ee r, .i„.
*,
ITo retire
June 20, of Notes of Cireulat'n
1874,
under Aet
Liquidat ing Banks of J'ne20,
Legal Ten-
dep s t
with U. S.
Tiea.siuer
at date.
i
Total
Deposits.
1874.
$
Maine
N.
llaiiipslilre
317.000
72.997
151;097
234,800
32.330
Vermont
1 ,,580.370
MassjK-liusetts 13.704.715
Rlimle
I.slaiid.
Ck>niierticut
709.110
2.090,!>10
(>5,350
15.019,125
1,022,305
Pennsylvania
8,018,380
Delaware ....
173,275
2,101,661
New York
New Jersey
-
Maryland ....
Dist. Columbia
VIrKlnia
West Virginia.
N'rth t'arolina
8'tL Carolina
.
OeorRla
Florida
Alabama
Mi.s,sissippi
..
486,310
454,500
584,500
51,670
iOG.OOO
400.104
808.569
731,060
128,200
1,082.660
45,700
352,930
45,000
198,000
287,723
l,233,i'36
Texas
Arkansas
116,100
135,000
3,440,040
444,800
569.260
1.929,980
2.677,280
1,640.085
1.207,910
277.880
1.236,400
881.400
111.600
45,000
Kentucky
Tennessee
Missouri
Olilo
Indiana
Illinois
....
Iowa
Minnesota
Kansas
Nebniska
1.573.476
1.742.676
427.500
853,510
270,000
922.583
933.380
437,675
1.602,079
1.001,000
1,050,785
827.004
$
292.014
77,347
57,198
290,243
130,000
19.0.30
2.240.099
370.887
1.102.488
125.401
50.381
223.401
149.073
229.0.55
953,380
723.400
49.845
116,754
94,500
088
420
2,743,606
239.340
135.000
1.933.900
709.700
330,493
4,755
10,413
378,508
105,392
773.926
94.500
645,750
10,000
2.'o"99,256|
575.867
235,901
863,310
1,483,319
1,083,297
1.540.134
1.378.033
533.859
3,589.410
2,876.922
5,437,483
6,260,590
364..500
1,9.V2,590
582,360
743,669
385,095
781.721
45,000
229.340
135.000
800,439
1,534,955
1.220.445
Dakota
..
Montana
California
*J.iegal tenders
1,277,8.53
6,.322.780
2.040,849
1,031.731
370,911
348,299
7,800,730
2,317,090
1,442,799
2,298,024
972,271
233,080
459,800
210,983
309.394
24,314
135,083
161,191
149.400
100.800
284.483
337,991
38,300
24,455
17,300
43,000
62,300
8.000
1,011, .540
2,278
54.000
423.900
Oolorado
4.4.34.720
4.300.241
190,530
188.080
NeviKia
UtAh
WasbinKton
$
600.000
917.000
55.800
128,797
932.340i 1,103.437
0,066,500 6,301,300
735,383
767,735
1,249,490 1.314.840
18.29;<.500 20.395.101
1.362.030 1,513.090
0,037.980 7.148,297
.
JyOiiiaiana ....
MlehlKan
Wisconsin
151.600
1.090.311
.
.
$
$
1,411.180
504,265
iWl.CKlio
39.600
180.000
3V8i3.673
Totals
•
63,518.930 16,397,041 69,811,803 90.022.3191 13,336,239
Deposited prior to June 20, 1874, and remaining at that date.
—Messrs. Winslow Lanier & Co. will pay the
the following securities Cincinnati Hamilton
May
interest
on
& Dayton Railvray Company fir.it mortgage bond.s Colfax, Indiana, bonds
;
Orpeneastle, Indiana, bonds ; Indiana State war loan bonds
Indianapoli.s, Indiana, bonds;
Logansport, Indiana, bonds;
Pittsburg Fort Wayne & Chic ago Railway Company first and
second mortgage bonds Portsmouth, Ohio, water works bonds,
and railroad improvemant bonds ; Randolph County, Ohio,
bonds; Marietta, Ohio, bonds; and Terre Haute, Indiana, water
»nd sewerage bondx, principal and interest.
:
;
;
;
;
;
securities.
The reduction of the rate of Interest on our pnT)lic debt to tbreo-and-a
and four i>or cent, is a jwrmancnt benefit to every person and enterprise in the country, and Is the surest sign of retumlngnatloual wealth
and stnind prosperity.
BusiieetfuUy,
F18K & Hatch.
half
:
;:
.
THE (MRONK^LE.
446
[Vol.
Range
BANKS ORQANIZBD.
NATIONAI.
68,1881
The United
States Comptroller of the Currency furnishes the
following statement of National Banks organized the past week
2,423— Fourth Kational Bank
Authorized capital,
$100,000 paid-in capital, $50,000. William S Ide, President
Wesley Richards, Cashier. Authorized to commence business
of Columbua, Oliio.
.
;
cp.
68, 5-208,'67.cp.
6s, 5-20s,'68.cp.
58, 10-408... cp.
Amount May
since Jan. 1. 1879.
Highest.
Ix>west.
105%Uoh.22
106''gJan. 17 $201,637,450
53,723,200
14,911,600
143,054,700
258,307,950
165.760.950
334,259,200
64,623,512
lOmMch. 19
xOaiaMay
4ia8, 1891 ..cp.
4s, 1907 ....cp.
68, cur'ncy.reg.
104
1083gJan. 4
1 107i«Jan. 15
Mch. 21 107 May 2
x99
Apr.
1
lOfs May
1
4 124I9 Apr. 28
1,
1879.
Coupon.
Registered.
53,fund.,'81.cp.
119>aJan.
XXVIIL
$81,098,900
74,033,750
20,612,800
49,777,100
250,132,400
84.239,050
219,104,500
April 23, 1879.
DIVIDENDS.
The following dirldends have
Name of Company.
Per
When
Books Closed.
Cent.
Payable.
(Days inclusive.)
RMtlroads.
Boston Con. & Montreal pref
Boston & Albany
Cedar Baplds & Mo. RiT. (quar.)
Cincinnati San.
& Clev.
Concord
Bepuhllcan Valley
Closing prices of securities in London for three weeks past and
the range since Jan.
recently been announced
2
May
May
May
May
May
May
3
5
May
May
1.
9.
May
15.
3
$4
1
3
pref
5
(quar.)
miscellaneous.
Pullman Palace Car
(quar.)
5.
15.
1.
1.
1.
1.
April 26 to
May
remains as favorable as ever, and the markets are
The sales of XJ. S. four per cent
bonds keep up to very large amounts, and not only are the
holders of five-twenties and ten-forties exchanging their bonds,
b«t even the holders of fives and sixes of 1881 are, in some cases,
selling out to get the benefit of the current premium on those
bonds, and re-investing in the four per cents. With the present
outlook it seems improbable that the holders of called bonds will
be likely to obtain any better terms hereafter, through a decline
in the price of 4 per cents, and for all those who intend to take
government bonds again there seems to be no better course than
cial situation
them speedily.
The money market has worked more easily, and on government collaterals the rates have been 2(a4 per cent, and on stock
to take
collaterals 2i(S3} per cent.
of England statement on Thursday
and
its
showed a decline
reserve was 50| per
cent of liabilities, against 50J the previous week.
The last statement of the New York City Clearing-House banks,
issued April 26, showed an increase of $3,840,100 in the excess
above their 25 per cent legal reserve, the whole of such excess
being $13,324,050, against $9,483,950 the previous week.
The following table shows the changes from the previous week
and a comparison with the two preceding years.
1879.
April 26.
1878.
April 27.
Differ'nces fr'm
previous week.
Loans and dis. $231,096,900 Doc.
.
licgal tenders.
$54,400 $230,301,500 $255,733,800
32,585.100
20.534,500
20,021,800
15,996,100
200,875,000 222,901,200
34,933,800
48,865,000
—
;
syndicate of bankers already report the sale of $38,000,000
which they subscribed for, and large amounts are
of the bonds
taken in blocks by financial corporations.
In London the 4 per
cents keep well up, and are quoted to-day at 104 J.
Closing prices at the N. Y. Board have been as follows:
Interest April
Period
26.
58,
58,
58,
58,
10-408
10-408
reg.
.
coup.
.
reg.
I.
coup.
I.
fund., 1881... reg.
fuud., 1881. .coup.
4ifl3, 1891
reg.
i^a, 1891
4s, 1907
48, 1907
April
April
April
28.
29.
30.
is
coup.
reg.
the price bid
The range
106381 •10638
106381 '1063s
103»4 '103
I04:i»«l04i4
Mar.j*106i2 lOGia;
-Mar.j'IOBSs'lOeSs
-Jan. 10134*101%
-Jan. 101%;*101%'
* .T. *1'.'37hI 15410
10318
10414
106 12
10658
10134
10134
I
.
This
J. '10638
J. 106%
8.
8.
[.-Feb.
).-Feb
coup.
68, cur'cy, '95-99 reg.
*
&
&.
&
&
;
1243,s
May
May
2.
106 12 '10638 '10638
10636 106 12 '10638
1031(2
'103-''>8
106»8 •xOSia
lOSHt
'10638 *106'78
101?i * 101 34
101«i
124H>
107
101^8
101 'e 101 '8
12414 12418
and the amount of each
were as follows:
in prices since Jan. 1, 1879,
May
1,
1879,
103''8 10314
would be
to
Railroad bonds have been very active at higher prices. The
greatest rise has been in Toledo & Wabash equipment bonds,
which sold to-day about 60, and a few weeks ago at 8(@10. Th»
other Wabash bonds have advanced also, but not nearly as much.
Erie second consolidated made their highest prices to-day enlarge
purchases.
Messrs. A. H. MuUer & Son sold the following at auction:
Sharen.
Sharet.
5,315 L. Superior Ship Canal
Railway & Iron Co. .20 p. ct.
40 Manhat. Gaslight Co... 181
40 N. Y. Equitable Life Ins.lOS
60 Commorc'l Fire Ins. Co. 137
.
24 Montauk lire Ins. Co.
110
of Brooklyn
95%
16 St. Nicholas Bank
30
1 00 Second Ave. RR
93
10023d8t. RR
415 Citizens' Gaslight Co. of
75ie
Brooklyn
50 Manhat. Gaslight C0...I8OI4
25 Metrop. GasL. Co.,N.Y.120
205
15 Kagle Fire Ins. Co
125
57 Home Ins. Co
50 Peter Cooper Fire In203 ifi ® 203 14
surance Co
25 Manhat. Fire Ins. Co...ll2is
Bonds.
$2,000 Houst. & Texas Cent.
RR. (Main Line) llrst
mortgage 7s
5,000 Ciucln.
105*4
Richmond
Wayne RR.
Ft.
&
first
mort., guar., 7s, gold
bonds, due 1921 Int.
guar, by the Grand
Rapids & Indiana RR.,
;
Ham. & Dayton
RR.,andPenn. Co
67^8
Cin.
Fawn Iron Co.
of Ga., 1st mort. bds.. 471a
5,000 Rising
Closing prices of leading State bonds for two weeks past, and
the range since Jan. 1, 1879, have been as follows:
States.
April
May
25.
2.
Range
since Jan.
Lowest.
1,
1879.
Highest.
47 Mch. 18 69 Jan. 6
50
50
•104 1« •IO5I3 103S8Mch. 5 1061s Feb. 12
*22l2 18
•22
Feb. 8 221^ April 5
3512 34 Apr. 20 42 Feb. 13
35
•77
-78
2d series.. •4H9 •41 12 41% Apr. 29 44 Mch. 28
do
do
84 14 7919 Jan.
8412
84% Apr. 26Dl8t. of Columbia, 3-658
Louisiana consols
Missouri 68, '89 or '90
Noilh Caroliua 6s, old
reunessee 6s, old
Virginia 6s, consol
*
This
is
the price bid : no sale
was made
at the Board.
Kallroad and miscellaneous Stocks. — The general tone
the sto;k market has heea strong, but to this there
have been some important exceptions in the prices of particular
stocks.
The investment stocks have been pushed up since the
first of the year to very high figures, and there they are firmly
held. The stocks embraced in tbe Wabash combination are maintained at their advance, with temporary fluctuations, but »s to
Hannibal & St. Joseph there appears to be some disappointment,
and the stocks have gone oft. Michigan Central has been decidedly weak, and this is reported to be in consequence of the
reported connections of theGrand Trui k of Canada with Chicago,
and possibly on account of smaller net earnings the current half
year than had been expected. Erie is stronger on the general
bull movement in its stocks and bonds, assisted in unmeasHred
terms by some of the daily newspapers. Chicago & Alton stock
has ruled comparatively low in consequence of the competition to
Missouri River points, and the supposed injurious effect of the
combination which will throw Kansas Pacific traffic over its rival
of
The
coal stocks are well held in spite of the
low prices
at the auction sale of anthracite coal this week.
Total sales of tbe week in leading stocks were as foUowj:
made
103 '8 10334
'10438 .x033i
no sale was made at the Board.
«lass of bonds outatajiding
Highest.
Apr. 10 111 Jan. 7
106 XO514 Apr. 25 109% Jan. 4
110 1061s Mch. 21 no May 2
Mch. 26 104°8 Apr. 28
1041a 101
10314 103 »8
x05''8 10538
10858 109%
102''8 10438
credit.
road.
68,1881
68, 1881
since Jan. 1, 1879.
Lowest.
do on her debt, if any
simply leave all matters unchanged and agree to pay 5 per cent, or even 4 per cent, on the
present bonds, the holders of bonds giving up their coupons on
payment of 2J per cent or 2 per cent as the case may be. Any
new "scaling" of the principal of the bonds would justly be
regarded with great disfavor and still further injure the State
28.
ITnlted States Bonds. The firm and advancing price of 4
per cents and the great demand for these bonds is the main feature of the government bond dealings. It simply becomes a
question of time with the holder of ten-forties or five-twenties
whether he shall exchange his bonds immediately or wait till
Ihey mature and with the holder of sixes or fives of 1881
whether he shall sell them at the present premium and purchase
4 per cents, or whether he shall wait till 18S1 with the various
chances attendant thereon.
The
2.
far the best thing that Louisiana could
relief is necessary,
1877.
AprU
18,228.100 Dec.
617,500
19.707.600 Doc.
13,600
204,514.200 Inc. 4,259,200
45,224,.500 Inc. 4,552,400
Specie
Circulation ..
Not deposits
Range
May
State and Railroad Bonds. State bonds have not been very
strong on the Southern list. Louisiana consols remain about 50
(351 on the uncertainty as to the proceedings of the convention.
By
generally firm to buoyant.
in specie of £75,000 for the week,
were aa follows:
—
1.
VKIDAY, m.lY 2, 1819-S P. HI.
Tbe money market and Financial Situation. —Theiinan
The Bank
1879,
April April
18.
25.
U.S. 58,10-408....
U. e. 58of 1881...
U. 8. 4ia8 0f 1891.
U.S. 48 of 1907...
Banlui
American E.xch.inge
Oermau Exchange
1,
April 26....
21.5.50
•'
28...
"
"
29....
30....
23,470
20,37s
7,725
15.535
13,825
May
**
1.-..
2. ..
Total.
..
Whole stock.
St.
North-
Paul.
west.
14,895
10,350
8,960
5,300
21,995
14,300
9,110
7,100
2.160
6,150
2.0.50
2,950
Ohio
1
&
Miss.
21,287
10.0:i5
7,060
5,305
6,«:?0
5,650
Lake
Del. L.
&
Shore.
West.
32,675
25,145
9,667
21.755
27,700
24,350
18,620
13,483
6,700
6,790
14.764
32,687
5,620
10.403
11,014
15,430
9,070
5,600
105,480 44,505 60,815 56,627 141,292 93,044 57,137
1 60.000 154.042 149.888l200.0001524.OfH) 771,0771494.665
..
May
THE (CHRONICLE.
1870.]
3,
—
.
—
The toUl namber
of shares of stock outstandlog is given in the
purpose of comparison.
The daily highest and lowest orices have been as follows:
.
last line for the
447
.Mobile
reported.^
liatast earalogs
WeekorMo.
4 Tox .3d wk Apr.
& Ohio .. March
Mo. Kann.
1870.
44.118
l«:i.227
A
.Sasliv.c;!!.
St. L.March
?ad.A Kll7.atmtlit.2(l
Pad. .Si,MifinplilR..:<d
Chlo. U. I. At P.
Olor. 0. C. A I.
140,497
wk Apr;
4.620
wk Apr:
2,181
Phlla. A Krfo
March
212,778
•hlla. A KoiuIlng.Maroh
1,041,142
at.L.A.Ar.lI. (Iirs)3d wk Apr.
10,420
St. L. Iron Ml..(c 8.3d wk Apr.
8.5,000
St. I* K. C. ANo..:W wk Apr.
88,558
St. L.A 8outlioaHt..March
05.830
St. Paul A 8. City. March
64.095
Scioto Valley... March
24,579
SlouxCit.T A St. P.March
30,161
rinv.A P.,KUar
Southerr. Miiin..
ButuntaT,
April 8(1.
Mnndar,
Tuendar,
April 88.
April
Wednoii., Thnrsd'r,
April SO.
Mar 1.
W.
Fridar.
May
i.
CanudaHinith.
Cent, or N. J..
Chlo. A Alton.
Chic. llur.AO.
Chli-.M.4St.P.|
do
1
prwf.
Chic*
N. VV..
prof.
tilt
March
47.1,59
rol. Pcorl-". A W»r.3d wk Apr.
:18.996
anion Paciao
Febniary
747,761
Wabash
3dwkApr. 84,088
Col. Chlc.AI.O,
l>>-l..<il[.Oannl
.
Di'l.Liiok.AW.
Erio
^aa.
187H.
I to latent date.-«
1879.
1878.
14.1,2.57
749.030
518.827
464.809
6,809
8,095
188.511
48.192
02,026
61.748
fl0i,.524
58!t,.'H4
2,876,222
167.142
1,284.660
1,014,082
2B7.541
138.784
1.804,724
141,211
1,293,770
45,315
jaii.7M
005,3;i4
8.125
73.11V6
68.012
03,<m3
48,861
7f«,703
18,4.50
33.480
66.992
23,816
679.763
81.023
774.4.'S0
626,1537
476,8.14
09.1,529
261,60.'i
130.669
44,003
87.570
178.767
405.276
0.5.737
72.8.13
119.415
3.^0.907
1,438,:102
1,877,268
1,339.581
1.220,734
do
pref.
Ilan. A St. Jo.
do
pref.
Kxchanse. — The exchange market
is quiet and steady.
The
of the leading drawers on actual business are about l(9f
below their asking rates, and to-day bankers' sterling bills were
soli at AMi@i.mk and 4.87i@4.871 for long and short bills
respectively.
In domestic bills the following were the rates of exchange on
New York at the undermentioned cities to-day : Savannah
selling 5-16, buying, nominal, 3-16.
Chorleston— easy, buying
3-16, selling J.
New Orleans commerc al i premium, bank i
premium. St. Louis 50 discount. Chicago weak, 1-10 discount buying, 1-10 premium selling.
Quotations for foreign exchange are as follows:
Illinois Cent..
rates
Kiin^a^ !*aoi(lc
Shore
IjJiko
Jdlcb. Central.
Mo. Kans. A T.
Mor.
A
K4.He.x..
N. Y.O.AH. B.
Ohio AMIs.i...
Paolflc Hail...
Vanama
Pitta. K. W.AC.
flt.L.L.Mt.ASo.
8t.L. K.C.AN.
do
S.
do
do
—
—
pref.
St.L.A
Fmn.
pref.
1st prf.
—
8utro Tunnel.
Union
Pacltlo.
Wabash
West. Vn. Tel.
*
Wm 103J«
100
105,l<
Tbese are the prices bid ana asked
:
no
was made
sate
May
at tlie
Board
Total sales this week, and the range in prices for 1878 and
since Jan.
i,
1S79, were as follows:
Prime bankers' sterling bills on London. 4.86i434,-87
G(K)d bankers' and prime commercial... 4.85%»4.8rii4
4.85 «4.85i3
Range
Prices since Jan. 1, 1879.
lowest.
Shares.
for
1878.
Week.
Paris (fraiicsi
Hamburg
1,710 45»4 Jan.
46,256 33 Hi Jan.
1,280 75 Mch.
843 Ill's Jan.
44,303 34% Jan.
12.899 74% Jan.
Ohio. Burl.& Qulncy
Chlo. Mil. &St. P.. ..
do
do pref.
Chicago & Nortliw.
do
do pref.
611,815
.
Chlo.
Rook Tsl. &.
Pac.
&
lud.
•Clev. Col. Cln.
Clev.
&
Pittal)., jtimr.
riid. Cent
Col. Cliio.&
Del. & Hiidsou Canal
Del. Lack. & Western
Erie
do pref.
Hannibal &
St.
Ju.
do
do prof.
Illinois Centr.U....
Kansas Pacific
Lake Shore
Michigan Central.
Missouri Kau. <& Tex
MoiTis ife Essex
N. Y. Cent. & Hud. R.
Ohio ic
Mi3.sissippl
-
-
-
Pacifio Mail
Panama
Htte. Ft. W. &Chic..
St. L. I. Mt. & South.
St. L. K. C. & North.
do
L.& S. Francisco,
do
pref.
do
1st pref.
Sutro Tunnel
Cnion Paoillc
St.
Wabash
Western Union
Tel. .
17,!<-20
4958 Jan.
76'8 Jan.
119 Jan.
34% Jan.
841a Jan.
5 Jan.
38 Jan.
4? Jan.
2\i8 Jan.
2,665
4,476
1,970
21.613
12,534
141.292
93,044
0,830 37i9Jan.
38,870 13 "4 Jan.
16,020 34 Jan.
79'4 Mch.
2,121
9ie Jan.
18.666
57.137 67 Jan.
33,145 73% Jan.
16,700
5% Jan.
8,838 7518 Jan.
1,617 112 Mch.
56,627
7% Jan.
8,835
10% Jan.
SO 123 Jan.
120 101 Jan.
22,1.30
13 Jan.
87.203
7 Jan.
84,610 2312 Jan.
3>8 Jan.
2,903
8.7;i9
4% Jan.
5,576
9% Jan.
18,314
2% Jan.
15.653
5712 Jan.
105,480 17% Mch
43,376 9438 Jan.
63 19 Mch. 15
Feb. 17
88 Jan.
47%
I2214 Feb.
48% Jan.
8512 .Jan.
65% Jan.
92% Apr.
135
Feb.
4814 Apr.
97% Apr.
9 Apr.
46% Apr.
5559 Jan.
2713 Maj51'4 Jan.
21% Apr.
38
99I4
114%
27 13
04
54^8
321s
5514
791*
23
63 13
3SI4
84%
85
6%
2%
34%
39^8
41
61''8
7%
211a
10
22I2
5812
75
7%
2
103% 115
6%
I213
112
85
19
7%
261a
11%
i^
13ifl
Fob.
Apr.
lia
51a
31a
6II4
1218
Mch.
73 14 102
47a Meh.
81
108
418
514
11%
5
73
23''8
The latest railroad earnings and the totals from Jan. 1 to latest
dates are given below
The statement includes the gross earnings of all railroads from which returns can be obtained.
The
columns under the heading "Jan. 1 to latest date" furnish the
gross earnings from Jan. 1 to, and Including, the period mentioned in the second column.
—Latest earnings
.
reported.
Week or Mo. 1879
F.3d wk Apr. $145,500
Atl. & Gt. West... February . 328,387
Atlantic Mi.ss.& O March
132,802
A.toh.
Top.
<fe
Bnr. C. Ran.
S.
&N
3il
wk
Apr.
Burl.&Mo.R.inN Fcbriiaiy
.
23,443
127,896
4,128
— .—Jan.
.
24,526
103,695
4.244
35-t,854
389,577
396,196
517,839
260.594
202,072
60,933
52,812
3.471.166 3.320.109
1,238,063 1.217,207
2,087.475 1,956.617
193,355
182.398
2,176.000 2.587.930
.
.
1
1
are quotations in gold for various coins:
— 98 %a — 99 14
— 99
•» — 99ia
— 93 ©—95
Mexican dollars.. — 86 ® — 87
English silver
4 75 '3 4 80
Prus. silv. thalers. — 68 ® — 70
— 98%®— 9914
Trade dollai-s
New silver dollars — 99%® — par.
$4 84 a$4 89
Napoleons
3 83 ® 3 88
X X Relchmarks. 4 73 ® 4 78
X Guilders
3 93 ® 4 00
Bnan'h Doubloons. 15 55 -3)15 75
Mex. Doubloons.. 15 50 ®15 65
Fine silver bars .. 10918® 110
Fine gold bars
Dime* A
I2
dimes.
Silver 14S and I2S.
Five francs
par.®i4prem.
Boston Uanka.—The
Loans.
1878.
Nov.
Nov.
18.
-JS.
Dec.
following are the totals of the Boston
Specie. L. Tenders. Deposits. Circulation. Agg. Cleat
S
$
$
$
127,203,!K)0
12«,47-',600
3.135,000
8,060,800
2,'.(33,0OO
8,2^J8,'00
2,862,400
2.779,900
2,630,500
8,655,500
8,112,900
7,4a3,5n0
5«,258,400
55,244,900
55,713,-00
a.
1-J6,t-98,^00
Dec. H.
Dec. 16.
Mec, 2).
Dec. 30.
I2r,:1?h.8O0
Jan. 6.
Jan. 13.
Jan. -JO.
Jan. S7.
Feb. 3.
Feb. 10.
Feb. IT.
Fe^. 24.
Mar. 3.
Mar
127.483.800
188.6S9,70J
130,093,300
S
t
56,o;(',(»io
65,9.32.300
2.5,4.':8.700
i5.4-.0
900
15,511.400
25,100,000
2.1,937.21)0
2,6.59,900
7,-i>(S,300
5'i,43.3,300
2%4i4,700
2,851,300
6,416,400
56,217,600
23,359,400
69,525,100
13?,2;0,000
131,651.600
3,851,900
3,898,610
6,126,8'M
5,93.>,Sfl0
6l,U0.40O
2.3,6)4,800
l:i.),-4i,!<00
3,'-3ri,9u0
5,119,700
«l,ilH8,6(10
65.747,200
64,79^,300
2->.6I.',600
25,1500,1110
1.3fi.79n,6flO
3,8S2,.300
5.2;30,200
189.979,600
133,191,100
144,98O,0rO
141.799,200
3,927.600
8,816.500
3,708,300
3,M5,700
141,ft(i9.200
3,62o,7(:0
141,823,-:0)
6,127 900
4,720,30)
4,4 6,500
4,273,300
4,324,300
4,6)1 ,500
4.-50,-W0
4,713,610
4,S9 1,000
4,291,700
3,8"5.S00
8.483,700
3,827,800
Mar. 17
141,.'«8,-"«)0
3,664,500
3,H49,9uO
.Var. S4.
Mar. 31.
Apr. 7.
Apr. 14.
Apr 21.
Apr. S8.
140.44 -'.too
3,6-iU,800
10.
47.970,098
44,426,281
36,257,603
46,164,103
42,aSJ.385
43,064,725
38,488,361
140,0:i3,100
3,844,000
IW.OOl.lOD
3, (-46,200
138,300.400
137,469.400
134,192,600
8,684,-;00
8,fi6'..e00
3,627,700
Pblladelphia Banks.- -The
61,1911,100
e.9.770,300
63.215.9
70.326, iOO
25.616,400
52,163,732
49,17i.697
46,764,891
43,763,114
25.486,600
4t.6J0,6-38
23,t6rt,800
47,534,405
25,545,800
25,481,100
47,t80,.36l
45.3.34,630
2.i,.199,l00
46,349,291
67,((28.30.1
25,613,100
48,73.3,621
65 677.100
3S5<0OJ
64.0.W,100
2.3,445.500
45.139.465
41,907,669
89,867,020
44,676,942
47.207,392
61,936.677
47,978,840
i.MOO
25.4:«,800
61.221,500
2'i,8-'7,8(10
6:1,4
63,'i71,n,
26.0:4,200
6-.',99
,00(1
SS216,(W)
6«,S5-2,400
2a,;30.a)0
totals of the Philadelohia
bank*
are as lollows:
Loans.
1878.
$874,742
Cairo & St. Louis. 2d wk Apr.
Central Paoltic... March
1,289,000 1,228..592
Chicago it Alton.. 3d wk Apr.
90,966
88,540
Chio. Burl. & Q...Fcbniarv
902,377 911.1,50
Ohio. <t i:a8t. 111.. 4thwkMar
18.627
1.5,131
Chlo. Mil. & St. P. 3(1 wk Apr. 163.000
193,594
ChlcANorthwest. March
1,101,000 1,095,884 2,998.94 I 3.'J58,6:i2
Clev.Mt. V. <fe »..3d wkApr.
7,200
7,652
104,947
109,432
Dakota Southern. Mirch
17,739
16,866
54.578
48,905
Dnbunue&8.Cit.v.3il wk Apr.
16.813
19,635
235,300
309,902
Gal. Har. & S. Aii.Kcbniaiy
102,208
82,185
Gal. Houst. & H.. March
33,415
31,069
136',90i
l62a71
Grand Trank.Wk.eim.Apr. 19 171.024 170,606 2,037.777 2,811.887
Gr't Weston. Wk.eiiil..\pr. 25
76,417
77,415 1,382,831 1.549,258
Hannib:il & St. Jo. 3(1 wk Apr.
3^.222
32,228
570,7.33
516,188
Houst. & Tex. C. March
212,916 174,528
715.007
619,613
niiuolsCcn. (111.). .March
416.005 402,847 1,215,963 1,270,64
do
(town). March
124,878 133,562
32 ,3 7
401, old
Indianap. Bl. &\V. 1st wk Ajir
22,8.37
28,903
286.93J
348,88 i
Irt. (fe Gt. North.. 3d wk Apr.
19.981
17.735
497.600
402,714
Slansas Facltto.. .3d wk Ajpr.
90,119
71,329 1,058,401
865,119
.
The following
Sovereigns
1 to latest date.^
1879.
$76,711 $1,639,974
255,878
637,508
129,105
364,147
1878.
93%® 95%
93% a 9.383
95%» 9563
93%3 95^3
1819.
15%
31a
May
III4
23'8
131
102
5
Apr.
Apr.
28I3 Apr.
(rexhmarcks)
in
5.18%»5.16i4
5.18%®5.I6'8
5.18% 35.1678
40 lea 40 14
95 a 95 14
95 -a 95 14
95 & 93 14
95 ® 9314
16T6
67% 89
17% May
34%
............
,
84.87%
34.87
'^4.86^
5.16i4«5.13%
5.16i4®5.14%
5.161435.14%
40%9 4OI3
4.86
banks for a series of weeks past:
38
21% 41%
72% 87
4
12%
5578 71%
74^8 Jan.
OOk Jan.
17% Apr.
89 Apr.
120 Feb.
15% Apr.
15% Feb.
140 Apr.
108% Maj23% Maj-
4.871J
4.86i<i
4512
13% 43 14
66%
59%
98% 122
45 14 MTch.
89 Jan.
60 Apr.
4514
(relchmarks)
Frankfoi't {relchmarks)
B«r
Canada Southern...
Central of N.J
ChlcaKo & Alton
(fr.aiics)
Low. High.
Highest.
4.87%»4.88's
4.84ia'«4.85
Swiss
Sales of
Demand.
60 days.
2.
103>i 104MS
1873.
Nov.
Nov.
IS.
25.
a.
Dec.
Dec. 9.
Dec. 16.
Deo. 2i.
Dec. 30.
9
Specie. L. Tenders. Deposits. Circulation. Agg. Clear.
$
S
Tan.
fl.
Jan. 27.
Feb. 3.
Feb. 10.
Feb. 17.
Feb. i4.
Mar. 3.
Mar
Mar.
Mar.
Mar.
10.
17.
21.
St.
Apr. 7.
Apr. It.
Apr. 21.
Apr. Hi.
s
S
1.879,3.39
I2,50S,^45
4J,436,416
1,912.867
1,946,959
1,996,059
2,056,397
2,168,142
2,461,523
12.618..3M9
4«,112,i'3S
18,022,453
I2.740,4T1
12,640 356
l:;,220,3«
45,144,517
44,«1B,I12
44.240.0 5
44,660.121
13,lii7,:i07
41.1(03,227
11,371,166
1.^87.^.M.1
48.69J.7.'l
11.364.BM
15,5: d,387
45,010.219
11,143,315
3i.»76,3J«
81.836.979
15,401,731
45.5M.02I
].^,H8?,058
«,26-i.8l6
43,686.161
45,273,0i6
44,94 ,027
11,:MI),673
11,3.'5.5 2
29,942.353
ll,81i',79<)
30,7)8,( 63
11,.309,!(56
31,163,573
30.293,686
27.312,894
31,157,948
57,4lil,3ll
,714,783
57,.3r,3 6.'8
5;. 1(17.459
56,919,773
11,S"3,1!6
11,:»).361
li,3*>.8n
11.386,823
11,884, 75
11, 79,646
27.805,472
31.03:3,406
at. 195,262
87.596,551
28,809,821
33,208.916
26,110,363
.
1879.
Ja.j. 13.
Jiin. iO.
t
57,6.'j6,695
57.344,124
67,572,251
57,777,397
67,673,6 19
57,614.478
57,138,02)
r)».48(i,l»5
15,950,850
16,519,118
15,914,568
15,754.299
15,947.736
15,9 -9,666
16,869,150
r8,'(06,71.5
15,3(i0.l<«l
45, '.63.4
8
iLseu-iSO
f9,00»i.342
6'l,9(4.059
ll.glHgQ-t
J3.701,:32
45,'.'56.36!
ll.^lii.OiS
14,ff22.748
4S, 11 1.747
4«,.V,X ."8S
11,5 0,123
60..»4,Wl
00,618.117
69,122,S8«
14,316,883
14,869,6^7
.•iH,741.6S4
66,9(2,78-.
57,012. ll'.S
57,liO(l,83i!
53,368. Jal
lI,Sii,127
44,576,40-!
Il,.i:l9.4l4
45,378.745
46,02?,63*
4fi.«S.571
ll,:-13
1,223
ll,»4:,0'-9
ll,.^^6,47a
47,23S.8--.«
ll.50",'.iO
I1,5I(.J83«
47,uM,^g9
ll,Sa3,«4S
3:1,644.739
36, .371,691
S9,«»,598
31,28a,t4U
29.945,441
88.653.745
80.561.140
188.407 058
34,295,148
,.
.
t
.
. ...
.
«
.
.
....
THE c;hronjcle.
448
—
New Vork CUy Banks. The foUo.vlri!; statement allows the
condition of the Associated Banks of New York City for the week
endinar at the cominencement nf hiisin>-sa on April 2fi. 1879
[Vol. XXVIII.
KOStOV, PHII.\DSL,P)f I;l. Rtc.-nnntlniind.
SKCURITIES.
6E0TJEITIKS.
:
amount of
Aver.ige
Capital.
Net
Loans and
New York
2,000,000
8,030.000
7.6140,200
3,52,.500
5.54«.«0»
2,(KXI,tK)0
2,00fl.(K>0
l.OOO.tXIO
5.7fS2,000
5.818.i<0O
3.«30,2<H)
7,371,501
2,87«,0<K
4fU.90O
498,100
City
l,0flO,0<X)
8,1^3.100
Tradesmen's..
Fulton
1,000,0<]0
BOO.IKK)
2,«W,(iO(l
Cliemicjil
Mercii'nta' Exch.
300,000
1,000,000
Gallatin Nation'l
1,000,(»I0
ButChers'&Drov
& Tr
Greenwich
Leather Man'f'rs
Seventh Want
State of N. York
Ameriain Exch.
;wo,ooo
300.000
200.000
5,«)0,(K)(
Commerce
5.000,001
Broadway
1,000,000
Hercaatilc
PacIRo
1,0(K),0(I(I
422,700
ll,(»i.O(KI
10,41X1.100
4,!I53,600
3,37S,70(J
l,tt55,M00
Manhattan Co
Meclianics'.
...
Merchants
Union.
1,200.000
America
!t.O(X).(«H)
Plicenlx
Mechanic.-*'
.
3,5S1,100
1,221,000
Itepublic
1,500,000
3,,')O.H.20O
450,000
3,022.300
People's
412.r)tKI
1,209,10(1
Hanover
607.7IX)
6y2,;ioo
2,020,400
2,924,000
1,188,200
146,100
321,000
884,000
340,200
401.200
348,000
12,900
.'jf>0,OflO
1,3S8,7(X>
5(KI,000
3, 11 »,()(»
3'29,<XX)
3,4i«,200
4,077.100
1,374,200
74,8(K)
27,iXXi
17.2(X)
1,500.000
2,000,00;)
500.000
509,300
Grocers'
SOO.OiKI
North River
East Kiver
240,000
250,000
100,000
5:!8,700
74.8,900
712,7(i6
400,.500
5,400
1,541.9(K)
315.(XX)
5,415,400
1,852,500
7,899,000
204,600
2,218,000
1,7.)9,1(X'
246.0;X)
1,8:82,300
3,900
ais,40o
450,000
l,62;t,4(K)
748,100
2.785,000
17(1,800
690,00(1
567,00(1
447,rKK)
4,7(K)
2,;181,000
3,8,52,400
3,41 1, (XX)
13,;M:).7flO
61,500
87,400
121,000
456„50()
88,;«K)
81,fXK)
2.092,7(K1
580,800
S,7(X)
13,0:Ki.lO(i
2,(KK),o;)fl
e.aio.ooo
2,215,000
3,176,500
i,iaH,i(x
442,(XX)
800,o™)
750,000
2»l,!!00
845,4(X)
5OO.0l.Kl
.5,4,'«i,i)00
5,303,400
:!0fl,ixKi
200,0(X)
1,415.4(K)
1,1S2,3(X)
1,12S,4(K)
730,000
aoo.ooo
1, 9^*8. 100
20,(X)0
I2,!XK)
I37,(XK)
t>,507,8(K)
(U,700
891,700
54,000
779,800
3:».(W0
l,ll3,oon
S18,100
308,400
448,200
751,:)00
142,.500
402,1XX1
1 ,4 I0,00(i
6,1 10,0(X)
501,000
563,300
2,416,000
l,052,iXX)
t,482,0(X)
270,0(K)
8,02Ji,600
a57,000
1.7a6.2(Xi
603,2(X)
8.881,000
5,138.600
160,600
a'to,:ioo
224.(X)0
3o7,7.X)
330,4(X)
Kt;i,700
1,247,8(X)
45,(XXI
799,0(X1
208,.800
225.00:)
1
I,;122,0(X)
l»5,(XXi
1,(KKP,000
|flO,a73.2(X) 231,03(1,900
897.000
179,900
72,400
3,'200,(KKl
Chase National..
1,63.1,700
5.">0.7(X)
1,0(X)
Germ'n Amerlc'n
178,000
1,018.000
3S5,2<K)
2r)<),0(xi
45,(XK>
1.217,400
2.315.100
16.001 600
43,000
47,200
Sl,800
.
198,000
2,700
337,200
36,000
992,000
200,000
750,000
3.170,000
750,700
ManufrsA
Total
1,97!1.500
98.00(1
& Tr..
Mer..
Fc)urth National.
Central Nat
Second National.
Ninth National..
First National.
Third National ..
N. Y. Nat. Kxch..
Bowery National
N. York County.
.581,5(X1
a7,(X)i!
2"j,7(X)
Park
Mech. Bkg. Ass'n
Importers'
441,800
284,600
1.1)0:1,000
6:33,600
238,0(X)
.OM.OCX)
2,48 1,(XX)
in7.2iX'
49.20(1
82,(XKi
516,300
1,(XI3,000
779,0(X)
300,100
59,900
102,100
1,5«6,200
300.0(»
400,000
10,957,800
:!97,700
8,400
1,100.000
7,500
1,121,700!
367,300
143,400
646,300
2,177,00C
2,1.59,000
14,717,S(K)
10,773,StOO
ftlarlne
44,.50O
8,16;l,2(X)
1,8(«),200:
227,(KX)
17:1,100
.389,900
i,(KX),ooo
130,000
1,UX)
206,000
2IK),«00
113,900
1,«:19,00()
Continental
Oriental
2,886,700
5,371,100
1
llrt.KXl
i,oo;>,o
80,600
151,000
4ir),(X)u
Corn Kxchange.
5,2:14,3(X)
4,;«)2,10fl
28.4,200
ll.MO.IKW
1,0(XI,000
500,0(K)
500
80,900
182,000
41.000
10,400
.l;is.,-,oii
...
44,000
4,3.58,000
2.53;i,700
1,8:!9,400
6,015,400
2,005,100
Na.saau
Mai'ket
St. Nicholas
Shoe & Leather.
7,560,000
2,180,0(X)
242,000
385,200
2,518,700
651,700
1,000.000
500.0(KI
Metropolitan
831.2(;X)
1.396,700
205,000
2,651,000
1,801,70(1
3.000.000
000.000
Citizens'
583,800
542,700
7(K),000
Irving
S.
l,'.n»;,300
SOn.liOO
2,322,000
tion.
815,800
1,961,000
728,500
1,857,300
7,411,000
8,182,800
3,387,200
2,924,500
S52.100
2,517.900
Cliatham
North America.
•
l,179,fK10
800.000
1,319,000
2iK),0()0
2S,S.OO0
l,27»,HO;)
249.:iOO
197,2(K)
l,3«a,40fl
20fl,:«C
3,15.'!,1(K1
(loo.ooo
300.0(X)
$
2,429,000
1,159,300
577,«(Xl
1,4*3,000
io,rao,4oo
Circula-
.
t
*
,
dep'tsi
Legal
other
Tenders. than U.
gp^eie
^
discount:^.
180,000
1,852.200
1,880,000
607,7001
27(),o66
18.228,100 45,224,500:204,514.200 18,707.000
The deviations irom reiuros of previous week are bh follows
»54.4T) Net depi^lts
Dec.
Inc.. »4,259.200
Loans and discounts
:
I
Specie
Legal tenders
The toIlowiDg
iHTS
Hen.
Sop.
Sop.
Sep.
Oct.
Oct.
Oct.
Got.
s'l...
7...
14...
21...
2S..
5...
12...
19...
2J...
847,50J
Inc..
4,532,40:j
Circulation
Dec.
2lt,2r),l())
215.377.4
18:t>J,8i)1
48,.')H,401)
Agg. Clear
Specie.
S
2)1,411,701
213,4 li,9:l)
18,10.1,8:);)
17..5;i;(,703
45,610,700
(1,9;)0
2IS,6)l,;i)1
a4'J.5ai.l01
l:t,9-)1.10a
15.517..Srta
4'J,0')n.8M
217,30t,lK)0
218,332,00.1
214.10.1,403
210.041,2.11
4:i.7^.).100
2)1,14»,BM
215.101.111
19,861,511
39,9 i.',5ia
211,038,700
)]
2»9,3i^,5'X)
4!.:i8i.2.X)
e
2«.70«,611
7...
14...
21...
21...
2t9.815.5:)1
2),109,70l
33,9:11,0,10
237,058,63:)
211,017,211
215,971,10)
213,821,401
2:),882,911
43,478..503
21,911,511
21,511,101
33,693,033
43,767,033
23!.13l,403
211,825,633
2)3,233,730
19,601,200
19,819,730
482,291,920
392,878.293
23,a58,20a
23,141,603
21,077,011
19,576,703
4:18,695,221
380,741,510
421,214,872
825,698,134
Mar.
Apr.
Apr.
Apr.
Apr.
4'.,377,031
4,34,908901
42,851,8)3
41,5 ).1,8;M
216.;112(113
21:1,423,703
19,.3:).5,930
18,451,501
16,91.5,23)
5...
12...
19...
26...
18.9)2,41:1
17,314,801
210,583:101
19,2)2.401
19.2W,0'X)
19,3:15231
31,21-^,9)1
2.X),531,4 )0
191.915,l«)3
19,2i)0,000
19..512.100
H.*l),033 31,815,801
193.121.701
31,145,403
40,672,101
45,221,5)3
211.255,001
231,514,233
19.035,500
19.891.100
19.721.200
19,707,803
18.91),033
11.875,011
11,221,101
2.).1,I12.911
ail.lnl.:01
231,098,lX):j
49:).410,515
1,17.1,113
W
2H,458,.501
2)5.811.601
4»t,413,'225
483.222.519
507,a31,749
611,074,082
3!,9r2,63)
17.312,491
18.3)3,711
18 4
833
2t;l,8).1.80J
:l
do
do
do
110
1195t
rg. ft
BALTIMORE.
40
45W Maryland
10;
pref.....
do
new prei.^....
do
neiaware ft Uoual Brook....
East Pennsylvania
Elmlra ft Wllliamsport.. ._.
pref..
do
do
Uar P. M'. Joy ft Lan':aster
Huntingdon ft Broad Top..
do pref
So
Lehigh Valley...
40
3i
.
Little Schuylkill
6b, d--! ease, J .& J
l('9!i
68, exempt, 1S87 ... 112>,
6--, 1890, quarterly.. lOJ
do
OS, quarterly
do
100
BaHlinore 63. .S8i quarterly. 1'8
do
do
do
do
4:
"3
36 J,
45
51
60
RAILROAD STOCKS.
eojt
pret
Pennsylvania
21:1.29). 100
195..33:l.7l)0
CANAL STOCKS.
Cheaipeakeft Delaware
Delaware Divlalon
Lenigh Navigation.
MoiriB
516,2i)7,776
501,321,270
400,417,423
413,892.718
5
RAILROAD BINDS.
Ohio 68, 1880, J. ft J
6s, 1885, A.ftl>
do
N.
399 872
6.57
481,180,657
423 259 559
4.87,813 451
503,ia8,0:)0
52
.
—
.
Allegheny Vai.,7 3-10s,18W
112M 113
78, E. ext.,19U
do
'so^!'.".'
1st m..6s,lW2
2d ra. 68. '81. 104
3d m. 68, '17. 100
6s,coup,'8S
I
63, '81.
g jld, '90
Sd m.78, gold, '95
3d m. cons. 7s, '95*
Ithacaft Athens Isl g d, ;s.,'5
do
do
)unclloulitmori.6 ,
2J mort. 6s.
do
l!l
BOSTIIS. PHILAUELPIIIA AJiD
Bid. Ask.
ftXOnBITlBB.
BKOURITIBB.
BOSTON.
flarifoT-d
&
Maine 68
New Hampshire 68
KaT.fily
Vermont 66
'>i<denabiirg
ft
g. is
834(
.
..
Lake uu.ss...
10554 106
...
I
lan^ Inc.
A Albany 76
6b
Boston & Lowell 7b
Bosron & Lon ell 68
Boston ft Maine 7a
boston & Providence 7
94
1
I
11a..
-.
»
....
Mo., land grant 7b
do
^eb.6s
do
Neb. 8s, 113) ....
Conu. ft PaBenmpBlc, 7*. 189,.
baBtern. Ma-s., 8^8, new. ...
FItchbcrg KK., 68
do
78
Kan. City Top. ft w^ 7s, 1st
do
do
7b. iqc
115J<!
.
Concord
Cod nect lent Ulver
:oo
...
I
70
i(.:onn. ft
X78J4
131 'l41
Passuinpslo
40>a| 41
14
...
Easterli (Mass.)
1
con. m.,
^^
100
108
1
HI
U'M
112
100« 101
4
ilb3
2d ~m. 78, '85 1 100'
do
uar...
4.1
Cln. Ham. 4 Ind.
CIn.ft Indiana )Btm.7s
1
2d m. 78, '.7. t
do
Colum. 4 Xenla, lat m. ,d, .„'
Dayton 4 Mich. 1st m. 78. 'Sll
do
2dm.7B.'8<.t
3d m. 78, '881
do
Dayton ft West. Istm., 'el...iBt m., 1905 1
do
1st m. 68, 190.
do
Ind. Cln. 4 Laf. let m. 78. ..
do (I.4C.) 18tm.78,'86t
Little Miami 68, '83
t
Jin. llaiu. ft Dayton stock.
Columbus ft Xenla stock
Dayton ft Michigan stock..
8. p.c. Bt'k.gua'
do
lo.imii
1:1
35
82
19 « ..
MISS., 18' m., 7 , g.'
I
. Sup.
Lehiiih Valley, 181.6', cp.. 1886 112
do reg. ,189).
do
115
do 31 m.,'6, reg., 1910
118
do
do
J112
88«
...
116
6.-,rrf.,I923
iotVi;!ic4j^ Little .Miami stock
r.s, p.,ia.3
do
103>i| ...
I.O(JISVII.l.E.
Little Schuylkill, Ist m.7<.'-'^
85.
109 (if'gul Louisville 7s
North. Penn. 1st in. 6*, cp.,
63, '82 to •87
do
2ira. is.cp.. 96.
do
BO
wm 103
8')
108
101« 102
104
too
95
100
90
tdi
102
100
16
106
20
160
105«
I
..
b.
,
do
&
Jo.ft-:. H.
Old Colony, 7a.
6s
lo
Omaha ft S. Western, 8s ...
Pn»bIo ft Ark. Valley, 78
'.043, 105
Kutland Ss.Ist mort
78>< 8)
iVeriQOD'. ft Canada, new 88..
Vermont A Mn88. It K. ,6s
'
STOCKS.
Atchl'on ft Topeka
107T« 108
Boston ft .-Albany
H3»4
UoBton ft towel69X 70
Boston ft Maine
noH 110%
Boston ft Providence
Burlington ft .Mo. la Neb...
126
Cheshire picf'^rred
'42 I,';;
Chic. Clinton Djb. ft Mln
Cm. Sandusky ft ulev
tfoBtoD
Burl.
Old. Aak.
Erie 7s. new..
i^f.
^ew Voik & New E
MBBsachusetts 58, gold,...
Uoston 6s, currency
do 58, gold
Chicago Bcwerage 78
do
Municipal 78
Portland 98
Atch. & TcpchalBt m.78
do
land grant 7s
do
2d78
do
OTHER CITIES
A
100
102
101
110
10s
pref.
Cov.
Bridge
et'k,
CIn.ft
100
D. 1st m. 18, ISO t lOOH
Cln. Ham.
4
(lUOTATIONS
ft
1
Chartlara Val.,l8tui.73,C.,l80.
Delaware mort., 6a, various.
Del. ft Bound Br.,18t,7s.l90£
let mjr'
H. ft B. r. 1st m. "8,
F.
7b
do
I
TSOs
do
1
Bouth. KR. 7-30B.f
do
do 68, gold
do
Hamilton Co., o., 68. long...t
78, 110 5yra..l
ao
7ftT308,long.1
do
.
East Penn. let ino: t. is, '88
El.ft W'uisport, l>t m.,78,'o0
58, perp
do
7s, '92,
106
113
94
CINCINNATI.
Cam.*
108
108
Cln.
Cincinnati 6s
104
63, coup., 'S! 109
mort. 6s, '89. .
112
114
Atl. latin 7b, g., 1913 116>i .
21m., 78, cur., 18i9 102 102},
do
Cam. ft Burlington Co. «B,'»i oiH'...r
Catawiasa lat, .8. conv., 'a2.
chat, m., 10s, '88 .
do
do
Jo
new78 19H)
do
Connectlne 63, 190O-;9O«
4
I
2d, M.ft N
do
.'6KI
do
83, 3d, J.ftJ
14M! 15
Union RR. lBt,guar.,J.ft J. 107H
Can.
on
endorsed.
do
U'7«
HieCBLLANEOCS.
Baltimore Gas certlllcateB... 90 100
People'B Gas
12H 13
.-
'91
1
;
RAILROAD BONUS.
Inc. 7s, end..
6s,19(X), A.,t(). Iioii
do lat m., 1890, J.ftJ. |lij3
do 2d m., guar., J.ftJ
'no
do 21m. .pref
92
do 2d m.4!r.by W.Co.J4J|'o7
do 68. Id in., guar., J. ft J 112
pref...
.
;
68,gld,19ai, J.&J.;iiii'
Cen.Ohlo68,l8tm.,'90,M.4S 105 iiosx
W. Md.6B.lBtm.,gr.,'80.J.ftJ- no 1115
Mar.
.
103
107
108
107
108 S<
1
1
do
do
17
56
16)4
W.
102
108
Va. Sd in.,guar.,'85,JftJ 105
Plttsb.ft Connellsv.'.8,'98,JtJ;io6:
Northern Central 68, '85, JftJ io7'
180
HanlBburg
120
Par.
Bait, ft
1-H 1'^
pref
do
118
110
116
4
Bait.
Ph'laielphlaft Erie
IbM. 15X
Pnliidclphlaft Ke.ld ng
Phllaaelphlaft Trenton
Ph'la.Wllining. ft Uaitl'nore
Buff
"in
Flttsburg I'ltusv.ft
7
St. Paul ft Da uth R.'!. Com.
do p ef, 27.(4 28!.
do
Comp:inlea
139
140
Unltel N. J.
Weat Chester couBol. praf....
Camden ftAmboy
114
105
110
1*1 90
Ohio
94
lom 102.
Wash. Branch. IUOI140 150
do
iiJi
Parkerab'g Br..SO
3
do
'S?i 36
Central
60 1««
Northern
39
40
5(i
Western Maryland
S
3714 37X
Central Ohio
SO 27
20
9
Pittsburg ft ConnellBvllle..SC
North Pennsylvania
do
110
115
68, ;866, J.ftJ
109
IIJ
68, 189J, quarterly. .
114Si 114X
68, park,1890,H.— M. 114
115
6s, 1893, .«.& S ....
113
117
do 6s.cxenipt,*^3,M.4S It's
1900,J.ftJ
do
115
1902,J.ftJ
do
115
Norfolk water, 88
117
6,'-s
36
.
do
26
44>^
60)4
Sdnehlll
Nesquchoning Valley
Norrlatown
Northern Paciflc
rto
74
75
50
.*:
C.itawl88a
BelvldireDela.
72
95
2d m. 68. reg., VM)'i
do
do 68, boai&car.rg.,11;S
di 7b, boatftcar.ig..l9
Susquehanna 68, coup.. .9.8 .*
.
do
ma
ft
Pennsylvania 68, coup., '.910.
Schaylk. Nav.lst m.ss.rg ,'97.
78, reg. ft coup
do
Delawore 68, covpon
Unrrlsburg City 6s, coupon
RAILROAD STOCKS.
Cmdeu ft Atlantic...
pref
do
do
do
100
Morris, boat loan, reg., 1885..
coup.
Camden County 68, coup
Camden City 63, coupon ....
d'>
87
ICO
Lehigh Navlga m.,6'», reg.,'84 I05?< 106X
do more. RR., rg.,'9: 100)^
do m. CO v. g., r> g..'i*i 94
do mort. gold, '»7
98
96X
do cous. in. 78, rg., 1911
76
and coup.
6s. rcg.
exempt,
37
Dela Isl 68, rg..'8(:
Delaware Dtvlslou 6s, cp.,'*8.
Che8a'>.
110
7a, itr.mip..rei.,'l3-46' 1U2
do
'if*
1
.
N. Jersey
102H
Sunbury ft Erie lat m. 7s, '97.
Texas ft rac. Ut m ,6s, g..I9CS OS
do
cons m..6?,g.,190j 60
CO
Inc.ft I. gr ,7s 19:5
Unlon&Tliusv. Ist m. 78. '9C'. ..United N.. I. cone. m. 68, '91
Warren ft K. lat in.;s,'9<
80
114
West Chester cous. 78, '9i
West Jersey 6s, deb., coup. ,'83 90
:st m. 68, cp., '96. 1' "iH
do
ilo:>%
do
lEtm.7B,'9)
WeaternPenn. KK. 6s,-p.:899i U>>h
do
68 P. I).,'96.| 99)4
CANAL BOKDS.
43, coup., 1913
5s, reg. ft cp.,19H.
6a, gold, reg
78, w't'r In,rg.ftc
PlttiDurg
SuBQUch-.tnaa
17,93I.:i01
217,674,21)
241,324,511
6s. Ola, reg ...
do
do 68,n., rg., prlurto'93
do 6s,n.,rg., 895& over 117
Allegheny County Si.coup...
Allegheny City 78. raj
42l,149.9(X)
452,720.4.3:)
L..
Philadelphia, 58 reg
370,111,767
451,971.861
19,577,50.)
19,59.1,100
lO.aH.SK)
a...
15...
2J...
23...
BT.VTK AMD CITY BONDS.
Feana. 5s, g'd, iut.reg. or cp.
do 58, cur., rc,<
do 53.ncw.reg.,1332-iw; 112H
do 68,10-15, reg.,1-71- 82. 02
do 6s, lS-23, reg., 1382-'92. lU8k
do 6<,Ia. PlJne, rcg.,13;9
19,817,803
411.598 790
21'!,718,9!))
1:5
.
Nashua
ft
1901
Ind. 1st, 68, 18S4.
15'« Stony Creek Ipr. m. Is .9JT...
iio;J Suiib. Hfz.-ft W.,l8t m.,53,*2)
PHII,ADEt.PHIA.
Pennsylvania
19,818.800
19,785,000
19,767,800
19,817,803
19,486,613
19,427,101
8...
15...
21..
1...
Massachusetls
ft
Worcetler
Schuylkill Navigation
238,171,001
213.482.213
211,50),833
214,981.233
219,219,211
210,387,303
217,271,201
23,93X233
Vermont
—
PItta.Cln.ftSt. L. 7s,cou.,IS0;. ICSJs
Shamokin V.& Pott8y.78,
81
Uutlar.d, pref erred
318,022.4.58
a!0,877,7t(l
41,812,611
45,035,403
43,913,800
17.4:11.703 51.533,833
lS,frH,331 31,018,819
17.819,301 51.115,401
IK.051,,503' 41.311.813
231,251.033
2)3.882.011
21),I61,403
214,416,211
2)1,211,40)
212,211,2)1
211,181,51)
211,0)?,031
4...
11...
18...
25...
10
nsM 68H Steubenv. 4
PueiiioftArk nsaa
3:l3,6;XI,.5n6
1879.
Jan.
Jan.
Jan.
Jan.
Feb.
Feb.
Feb.
Feb.
Mar.
Mar.
Mar.
Mar.
•
•
Porlsmoutl.
Cnr
ft
P.ilsce
a
19,616.;K)D
Nov. 2... 211,511,913 21,141.101 4fl.219,0(K) 215,41;),403 19,904„303 481,571,553
Nov. 9... 240.2il.21) 21.37.1.201 ;13.15>,410 210.7.17.633 19.iK)5.403 408,993,425
Nov. IS .. 2,i?,615.533 25,41)5.41) 39,9:11,211 203.732,103 19,909,400 460,672,7:17
Nov. 23... 211.017.70) 21,414,401 40,.588.2 13 217.181.803 19.931,930 404.037,742
Nov. 33... 21:),431,103 2^,937,401 41,275,733 201.797.233 20.007,000 388,2:18,659
Deo.
D30.
D30.
Dec.
Portland Ssco
PuUn
WestJerBcy
1
L. Tenders. Deposits. Circulation.
%
S
$
$
17.001..100 51,018."iOO 218,184,103 19,431,700
l'1.9r.3.1on .5;),88!,5»0 218,711,200
19,082 300
1S.5-.1,7.W 4.s.s.)l .2,10 2 1 8,2;t9,(X)0 19,478,SvO
247.8
13,600
are the totals for a aeries of weeks post:
Loans.
Aug.
Dec.
91
Phil.* K. con8.'n.«s,!r.l.l91i
»
Nashua ft Lowell
do conv. 78, 1S93'
New York ft New Knglaud... J35<
69>i
do
78, coop, off '9:1 61
Norttiern ot New Hampshire 97H 93
119
(O
C.&I.deb. ia.yj
55
Norwich ft Worcester
19«
do
ceb. 78. rps.oc
Ogdensu. ft L. Ctiamplaln ...
(13
65
pref..
do mort., 7s, lSli'2-:l
do
100
lOOX Phll3.Wllm.ftB.lt. 68. '84 ..
Old Colony
Eastern fNew Hampshire)...
75
[Fltchharg ....
llf« 117
Uaa. CltyTcr. t W.-Btern.
I.Mancheater ft Lawrenc.i....
j
do
do
do
do
Ao
do gen. m.7s, cp.,lH03 113 113^1
do gen. m.78, reg., 190^ USJtl....
on Creek ist m. 78, coup.,'8i.
82
,'96
i
25 I....
rltUb. Tlluav. ft B., 73, op.
scrip
do
Pa.&N.Y.C.ft RR.78, 89) .. 119 1123
Pennsylv., Istm., 6B,cp., 80.. lOl^i 103
gen. m. 68, cp.. 1910 112
do
gen. in 68, ig.,19iu. 113
do
...
cons, ui 6 rg., 1905 H)5)i 108
do
cons. m. 68. cp., 1905. lOi
.„_ .106
do
Navy Vard6B, rg,'il:..,,
do
. _ ...
Pe
J ,61. reg
Perklomeu 1st m.6i, coup., '</ 77
Phlla.ftKrle lat m.6s, cp.,'81 103« 10 1«
2d m 7s, rp.'SS
do
Phlla.ft Read, lat m.6s, '43-'44 lOlk
'18-.4i'
dJ
do
2diu..78, p ,!:' I'.'O
do
120
duban., cp., '!f
do
cps. ot.
do
do
2811!
scrip, 181.*.
do
hi
In. ID 7b, cp,18S6
do
63
do cona. m. ib. cp..l91 !.. 107« 109
do C0D8. m. 7B,rg.,i9'.l.. 107.* 108
I
,
M
6s,'97to'9l
Indefin*.
J
Per
Hh*»re
1
t
water 63, '8! 10 '89 t
water stock 6b,'97.+
wharf 68
1
spec'l tax6s of '89.t
Loul vllle Water 63. Co. 190:1
Jell. M.ftLlBt in. (1«H) 3s,'8l1
do
2d m., JB
108
99W
10(i«
99)* lOOlt
99» ''*'<
99^^ 100)4
yy^ lOOS
Dyw 100>t
khv
m
[112
ST. LUCIS.
St.
.
St.
Louis 6s.lo.g
t 105
t 105
water68.goId
do
do new.tlioej^
do
do
bridge aopr. ,g. 63 1108!^
do
reii-'wal, gold, 6s.t -(t6H
do
Bewer, g. 6a. "D.-i-S.tluxiH
uo
LoulsCo. newparil,g.6i.+ 107)4
tur. 7a
do
t lOaji
.
+
And
lntpre«*
105
....
ist m., 7s, 1906... .1
do
LoulBv.C.ftLex. iBi m.Ts.'DI* iu8
Louis. ft Fr'k.,Loul8V. In,63,'8
Loutsv. ft Nashville Leb Dr. tis, '86
t 101
iBtm.Leb. l)r. Ex.,78,'80-S5.1 lOO
do
Lou. In.
68, 'i3. .1 100
JeSerson Mad. ft Ind stock. Iu3^
.
•
1
i'2H
112
108'^
lOOjJ
iri«
1008
lUOJii
104
109
lll')6
.
MAT 3,
—
..
—
....
.
Bonds and
8,
netitie
RaUroiid
Stockii
AND HoNDH
nre (luoted on a prerioiin
'^^.
>••<.
1883.
.t Kiifaiilii
KR
>*.., A 111. £('lintt.
H<,.f l.-ilW
M<,.f KSltl
CI
1?
47
47
I'^i^
M'lalK.
UK.
[
I
.'«!
ii"
....I
S
«^, funtlod
Kock A ht. Scott IHK.
Arkuii^.'L.*
*
I
1
1
7.4,
cn<lor!U}(]
KuUl
coupon,
llllnolK-flj,
1878...
Oh.
luvcd
dubt.
7:4,
cunN-)ll(llltt!(]
itniiill
1«»!
1"
103
lOS
B^.iluc
l-iS8
t08
«4, (Ine
IHSUor "00
los;
105!
Kunilini,',
HKnnliml
lOl
A
11'^
8t. .lo.. ISHB.
—
A.
pref.
2(1
(!hlcimo tV Alton, pref
1>ubui|uo jt Sioux City
161
f>hh>^<t MNsiH-Hipi)! pref
Chic, apec'l.
PittM. Ft. W.
SHnitojrft
KensMOlacr
8t. Louis Alton
A
198
1«1
160
15
&
!
Vi
do
Buff N.Y.itK,
pref.
Torre Iliuitc A. Indianapolis
United N. J. UU. & Cunal
.
Han. A
49
United
StJitcH
50
Express
Cleve. P'vllle
29
A
Ash., old
Consolidation ('oiU of Md..
Cumberland Coal & Iron....
Maryland Coal
Pennsylvania Coal
Sjtrliiff Mountain Coal
Martp(«s:i l/d A Minintr C^..
Det.Mon.itT.. Ist,7s,n90B
Lake Shore Div. bonds...
do
do
do
do
do
pref.
Ontario Silver Mining
Ilomestiike Minlnc
Htan(bird Cons. Crold MtnioK
do
m"\
Railroad Bonds.
Stock I-Jxchantje Pi'ices.
Krie-lstm
Bofit. H.
Ist mort., guar
A
38
40
Decatur,
A Cln.—lst
Ist,
.
Miwi.Kiv.Bridge.l8t.s.f,6s tlOi
Chic. Bur.AQ.—Hp.c.lstml WH^
Consol. mort., 7s
118>i
54, sinkioK fund
Clilc. Rk. I.t !>.— «s, cp.,l»17
tts, UI17, registered
Keok.,t DCS M., lat, g., 5s.
114J^ 115
114 .115
M^
104 >,
115>.
1
I
i
A
I
lid
morlKUtfe
6b, 1N87
6s, real estate
6s, subscription
!
,
I
lstni.,78, 1. A D. Ext...
Chic. A Northw.-8lnk. f'd
Interest bonds
Consol. b<mds
103J4
1st ni.,6s,'95,wlth cp.ctfs
1st m., 6s,
Extension bonds
108
Ist infirtKiMre
CoilfH^n (Cold bonds
108«
1I2« 113
Registered
iiold
Iowa Midland,
bonds
.
1st in., Hs.
with coup. et,fs
1st ra., 7s, Leav. br., 96..
do
with couj>. ctfs
JKW"
(salona A Cliiaigo, exten. »1(«
Peninsula, 1st m.,conv... 105
Chic. A Milwaukee, 1st ra. *U6K
Winona A
St. P., Ist ni
do
'.2d
m
.
..
A Ind's-lst, 7s, s. t.
Consol. raortinijrc
Del. I,ack. A West.-S!d m...
^, convertible
M.)rtin<(e7s. 1B07
Syr. nil ^h.-VN. Y.,l»t,7s
Morris ,V Ksscx, 1st
2d mort
do
do
b'nds, UKK)
conslruet'n
do
do
7s of 1871
C. C. C.
m
do
114
102
»1()5
99
100
looji
Prices nominal.
Iron Mount'n- Ist
mortgiufc
St. I..,t
'2.1
+
W»oo
A
interest.
+09
I
+91
45
BO
100
97
92«
Consol bonds
.
70
lndlanaiK>}ls A St.I,.— 1st, 7s
90
Indianap.,% Vine— 1st. 78, gr
81
International (Tex.)— 1.st. 7s
25
Int. II, A <it. Ni>.— Conv., 89
Jaek,I,.,tS.-89, lst,"whlto" +108
Ix>ng Island— 1st mortgage. 106
Montclalr A O.I..— l"t.
Ts, n.
Midland— 1st, 7s. gold.
2d mcrt
N. Y. A Osw. Midl'd-l«t m.
N.
.
.1.
6s
Stock
Greenville A Col.— 78, Istm.
78, guar
.Macon A Aug,—2d, endors.
MeraphlsA CTia'ston- lst,7s
111
100
52
Bl
87
45
—
X
;
98
105
97
104
55
45
55
20
20
25
44
IvU
9^
lOjMi
99.. .^
•
•-fc
91
8a
20
39
4
Uock— 1st, 4s.
86 j«
92
mortgage, 88. B
Mobile A Ohio— Sterling, 89
Sterling, ex cert., 69
106
101
New
New
vm
98
O.
it
A
1st
mortgage. 7s
2d mortgage. 89
Nort heast „ 8,
1st m., 8s.
2d mortgage, 8s
C—
3<l8,8s
,
4th8,8s
Rlch.A Dan.—Ist consol,. 6s
Southw, Ga,—Conv,, 7b, '86,
Stock
100
fie
I
6
60
70
85
as.
35-
w.
IS
40
ei
«t
2S
sa
2a
106
75
37
.^v*.
....
•*'
20
6»
100
102
30
4a
s»
s&
no \m
75
80
60
90
95
OS
87
114
102
86
38
05
03
30
100
99
111
»
«
IM
SI?*
iu«
'
tO&
HO
99
8»
t
41
ta&
101
>»»
to
8»
8»
TO
IS
f»
a»
II
100
10a
MO
tt>
110
IM
96
01
84
44
I2M
87
106
83
RR.—
Savan'h A Char.— Lst m.. 78.
100
Cha'ston A Sav.. Os, end..
lOBJi
West. Ala. -1st mort..8«...
.SO
2(1 mnrt.. Hs. g(inr
40
14
«»
1^ ^^
id6~
8(t
4T
e»
M
110
9»
»(•
Carolina
Ist m., 78.
7b, 1902. non-enjolned ....
79, non m<»rtgBge
S.
45
lOS
A
2ds,6«
13
10*
lOT
10*
106
liO
vm
1st
Ss...
Certlflfuite, '2*1 mort., 89...
Nashville Chat.A St. L.-7s.
Pac. Br...
1st. Bs, Tenn.
lst,69, McM,M,W,AAl.Br.
Petersb,- Ist, 8e.
Norfolk
.V.
Orange A Alcx'a— lets, fls.
35
35
M
'24
mortgage
2d mortgage. 8s
96'
30
debentures
Jacks.- 1st m..
8s, Interest
03
SO
65
72
80
25
89
ra
Ti
60
12
79
Ist
102>i
I«I4
25
5
I,it.
U&.
18
Stock
Mississippi Cent.— 1st m.,7s
2d mort., ex c<mpons
Miss. A Tcnn.— Ist m., 8s, A
«o>
S&
77
Memp, A
55.J1
flr
tosII&:
31
10
10
2d, 7s
tn
4S
110
110
PAST-DHE COUPONS.
Tennesssee State coupons.
.1.
South Carolina consol.
Virginia coupons
other,
do
87"!
c<»n90l. coupons..
do
Oswego A Rome 7s. mar.
No l>rlce to-d.iy those are latest qvotattons made this we«k.
Receiver's certlf's, labor.
|x 84
Br., Ist mort ..
fr'ulton, 1st mort.
And accrued
55
97
83
89
98
98
Western DlT
new
Stock
Georgia RR.-78
.
C—
Arkansas
Cairo
106
110
116
equipment
not guar.
.
RAILROADS.
Ala. Achat. — Rec'rsctfs.vaF
Atlantic A Gulf-Consol..
m
.
m
109
SO
60
l.st, ex land grant, 7s
+100
C.nind River Val.— 8s, 1st
81
I lous. A Gt.N,-l»t,7sjr.,ctf8
lllous. A Tex.
Ist, 79, gld 10."%
A I. C, Ist con..
do
con
do Tr'tCo.ctf8,1stcon
Home Wat. A Og.— Ctm. Ist
'2. 1
it
7s,
Evansv. A Crawfordsv.— 7s. 102' 107'
50
60
Evansv. Hon. ,V Nashv.— 7s.
56
Evansv. T.H. AChic.-79, g.
95'
Mint A Pere .M.-8s, I'd gr't •as
"
—
Wllm'ton,N,C.— fls.g., cp.on
8s, gold, coup, on
60
45
Galv.Hous.A H.— 7s. gld. '71
82}< 85
Gr'nd R.AInd.— lst,7s,l.g.gu 104
mort., '86
t\ii
93
49
55
*^
Pac— 1st, 7s, Id. gr.^
Pittsburg— 1st m., 7s
Con. mortgage, 7s
with coup.ctfs
..........
—
lstni.,g'dL.8. AM.8.,78
Col.A Hoek.V.— Ist,7s,30yr8
1st, 7s. 10 years
2d. 7s, 20 years.
Dan. Urb. lil.A P.— 1st, 78,g.
Denver
Col. Chic.
85
.
'.'.'.'.'.'.
98Ji
1st, 7s, Id. gr.,
new
Consol., end. by Savan'b
102>^ Cent. Georgia—Cons, m., 78
+111
115
Stock
+llSJi
Charl'te Col.A A.— Cons., 7s
+108 lis'
2d mortgage. 7s
noiH 105 EastTenn. A Georgia 6s..
+110
113
B.Tenn.A Va.—Os.end.Tenn
B. Tenn. Va. A Gtt.— 1st. 78.
long
m
Pennsylvania RR—
ioi« 106Mi
Pltts.M.W.A Chic, 1st m.
107
<rd m..
do
do
100;
do
do
3d m..
104'
Clove.A Pitts., consol., s.f
rto
4th mort. ..
x^
in«
40
102
106
+90
tl06
+111
+101
Chic. St. P.A M.-6S, g., new
TiUnd grant, 6s, gold
Chic. A Southwest.— 78, guar
Cin. Lafayette ,t Ch.— 1st
Cin.A Spr.-lst. C.C.C.A1..7s
7s,
funded
108
114
106
"^ lua
78..
as
38
with coup, ctfs
do
Inc. coup. No. 11 on lOlC
Inc. e(mp. No. 16 on 191H
Den. Dlv. Tr. rec'ls ass.
1001
extended
*
'2d
lOfW-
do
1st con., K'd
DnI.A Ilud.Canul-lst m.,'84
Ist mortitage, 1891
do
'Memphis— Blinds, C
Bonds, A and B
Endorsed M. AC. RR...
Compromise
Mobile— Ss, coupons on...
8s, coupons on
Orleans Prem.. Ss.
Consolidated, 68
Railroad, 69
111
Norfolk—6S
+105
+110Ji lllK Peteraburg—68
8s
112'^
+111
niM Richmond—Os
Savannnah— 78, old
115
105
Cs, '2d mortgage, gold
Cent, of la.— 1st m., 79, gold
Chic.AC41n.S0.— Ist m.j5.,7s
Chic
lOOM
A Eact. lll.-lst ra., 6s
2d mortgage, inc., 7b
117J<I118J«
C— Stock, 6s.
L
Columbus, Ga.— 7s, bonds
Macon— Bonds, 7b
6s,
100
106
107
latm..7s,R.AI..O.I)'d.99
do
with coup, ctfs
l.st ni., 7s. land gr't, 'HO.
n2X
7s, V.
New
BAILROADS.
lie"
Water works
Augusta, Ga.— 78, bonds
Nashvllle^es, oid
Long Island City
Newark City— 7a, long
97J4 [Erie
85
Montgomery— New Ss
A P. Peak— Os, gld
Boat, A N. Y. Air-L-lst m.
California Pac— 78, gold
80
8s
6s,
Atchison
MH
66
87
86
.
CITIES.
Ga.— 78
Charleston. 8.
58
28
Improvement
7s,
%
m
m
«8)i
SO
Reject e<l (best sort)
Texiut-ns, \m*i
M.AS. +103
7s, gold, 1*2-1910.. J. A J +112
7s, gold, 1904
1.A J tiw
lOs, pension, 1894. J.A J +100
Atlanta,
X8594 86
Long
Hartford- 6s, various
114
'9(1
do
iiii
tlOT
90
water
Y'onkers— Water! i9(e
97M
So.Carollna—t^on.. 6B(good)
.
»114
Itochester— Water, 190S.
Toledo-8s, water, 1894
81Ji
Income, 7s
1st m., Carondelet Br, ..
South Pac. of Mo.—lst m.
Kansas Pac— 1st m.,6s,'95
118
86
86
107^
Cleveland— 7b, long
Water,
100
80
4|k
4^
STATES.
tl07
'Oswego— 78
Poughkeepsle— Water
lstm.,cp.
1st m.. reg.
do
Huds. R., 7s, 2(1 m., s.f .,'S5
Canada South,, 1st, int. g
Harlem, 1st m., 7s, coup.
do
Istm., 7s. reg
I
106
tlOO
103
110
X
Indianapolis— 7'308
—
«111
60
scfferuge
river
W
87
4a
{HrokfTx' (Junf'tiont.)
it'^^^
1908
(Detroit— Water works,
jKllzabeth City— Short
m
Ist m., C.
.VL
Con. sinking: fund
7s,
7s,
7s,
70
48
Santliern SecnriUeii,
107Ji 108!<
Albany, N. Y.— Os, long
;Buffutu— Water, long
IChiciigo—Os, long dates
I
M
Union A I.i4jgansport— 7s.
Union Pac, 80. Br.—6s, gld.
ion
coupon
CITIES.
7:
N. Y. Elevated-lst, 7s.li)0«
. 02
92M Ohio A Miss.— Consol. s. f'd
Consolidated
Central of N. J.— Ist m., '90. 116.% 116;^
105 il06
2d conscdidated
1st consolidated
1st m.. Springfield div ...
*»«
do
ussenteU.
Paclflc lUillroads*,s^
Convertible
Contrnl Faciflc— Hold bds.
90
assented
do
80>4
San Joaquin Branch
z Olf.! 102
Adjustment, 1«03
Cal. A Oregon, 1st
J7B
I^hlKh.tW. B.,con.,p'd
73J^
State Aid bonds
assent'd
do
54;<
Land grant bonds
Am. Dock A Impr. bonds. 64
Western Pacific bonds..
64
....
assented
do
South. Pac. of Cal.— 1st m.
Chlc.Mll.A St.P.-lst.as.P.D 124
124>i
Unicm Pa<uflc— 1st mort..
100
112
•il mort., 7 3-10, I". I)
Ijind granta, 7s
Istm., 7s, tKOld, R. D. .. tno no«
Sinking fund
no.
:..
Idt m., IaC. DlY
Registered, 89
Utm., I. A
Pni'iflc RR. of Mo.— Ist m.
I«tm., I. A I>
105
2d
mortgage
trtm.H.,* I)
.
.South Side (L. I.)-Ist mort
South Minn.— 1st m., 7», '88,
1st mortgage. ?s (plnki,,..
Tol. Can. 8.A Det.— 1st. 7s, g
[Brukefn* QiwUUioris.)
raoit
I
2fl mortgage, gunr
Sand. Mans. A Newark— 7fl..
25
25
A So. la., 1st m ...
J..
7s, K..'94
St.L.VandallaAT.U.-Tstm
IHIsccIIaneoa8 List,
111
Ist mort., sterling
Metropollt'n Elev-lst.lHOH
Mich. Cent.-Cins., 7s, 1902
N.Y.C.AHud,
Kb
St.L.A S.E.-Cons.,
•2S
lOO),
lH}li. A Wilkes B. C<ial, 1888
St.L.l.M.AS..lst7s.pref.lnt.
do 2d int.,63.accum'e
,
1st iu..>rt., 8s, 1(W2, s. f.
»S5
Equipment bonds
Bur.Ce<r,H.A North.-lst,5s
78.K 7!l
Mlnn.A^^t. L.. lst,7s.Kuar tlOl
I03>i Mo.K. A T.—Cons.ass. 1904-6
a«)4| ....
2d mortgage. Inc., 1911...
Cheitap.A O.— Pur. m'y fund
H. A Cent. Mo., 1st., 1800
Hd, piild, series B, int. def35X 38
New Jersev Soutn'n— Ist, 7s
10
flrf, currency, int. deferred
Consol.. t.s. 1903
Cliica^ro A Alton— 1st mort. 116
N.
Y. Central-63, 1883
104
106
Income
J^
108
Hinkinff fund
JoUet k CUicaso, 1st m.
Louis'aAMo., 1st m., guar
St. L. Jjick. A Chic., Isl m. 107«
84
mort
1900, registered
i.NC<).MK noNns.
.
A
Bur. Div.
Central of N.
cons, coup., lat
cons, reg., 1st..
cons. coup.. 2d.
cons, reg., '2d
Tjouisv. A Niush.— Con8.m..79
2d mort.. 7s. gold
Nashv.
Marietta
Palace Car.
115
90'
do
Istm., ex coup
West. Un. Tel.— 1000, coup 110
new
do
Ist.W.D.
rto
B
class C
raortgugo. clasli
do
tll2
D
do
Illinois
A FIrle, new bds...
Buffaht ,^ State Line, 7s.
Kal'zoo A W. Pigeon, Ist.
BulT^ilo
U9H
Htl
50
106
do
ex coupon
at. Western. 1st m.. '88..
do
do ex cp
do
2dra., '93...
do
do ex coup
Qulncy A Tol., 1st m.,'90.
do
do ex cp.
new bonds.
S4I4
84
PeorluPekIn A J.— 1st m...
Ht.L.A8anE.-!Mm.,flai»A
Consol. convertible
A W.-lst m.
AraerU'Jin lk>al
TuUman
109
moitguge
do
Baltimore
C'o.,
I
,
S3X
m
do
ox mat. coup
2d mortgage
do
ext'd. ex coup
Equipment bonds ..
-,
14^1 Ijikc' Shore—
3«
Mich S. A N. Ind., s. f., 7s.
Cleve. A Tol., sink. fund.
37
I
Canton
'2d
I
103
Tol.AWalmah.— Ist m., ext.
'.2d,con..f.cp.,5s,0s
St. ,Tos.— Hs, conv.
Indlanap. Bl.
icio
HenUtered
'
mortgiige. 1888
Consul., 7s, 1910
I'ur. C(»m. rec'pts, lst,E.D
Ist m., ext'd, ex
Istm., St. L. dlv
|r
AND RONDS.
income
1st pref. inc. for 2<I
1st inc. for consol
couiHin
Mrleil
-^,1
8niall
1
2.1
lll.Ccnt.-nub..tSlouxC.l8t
Amoriivm K.xpross
Wells, Kartto St Co
Quicksilver
pref
do
Atlantic & Wiflc Tel
Amcrii-jui I>t.-*trict Tel
<k»Id A Stock TolcBraph ....
..
120:
.-d
.
deferred
D. or Columbla-S-efia, tOU.
1
Belleville A So. III., Istm
Tol. Peo. A W.-lst m., E.D.
mortgage, W.
Burlington Dlv
S4
odn
flu,
1st luurt
1st
,
IHJWI
1.,.*
t'.
2
old
flu,
nerleii
«H. eon«<,[..
1
no
do
I
new
new
I.
104
,<& '1'.,
10
10
10
ro
Vlrulnii-««. old
(U
I
1st m., 1016
Dub. .t Sioux C ,2<ldlv..
Cedar V. ,V Minn., Ist m.
84
Dlv., Ist m(trt., 7s
Mlssiiurl, 1st m., 7s
North
...
do
108^
Kxprcs.-*
t^*,
A N.-K. E.A U.,7s
K.C
Omaha
N.Y.l,.K.AW.,n.'.Jd,con.,6s
do Ist.con., f, cp..7s
9S«
til
1393^
miscollaiieouft St'ke
AdaniH
;St.l,.
10
A J.
A.AU.
Non-funrlHldu
|TifnneKt«4*o
Oh,
clusa 8
Cairo Ark.
I
...
Long Dock bonds
AT. H
(|(>
91)i
Erle-lst mort.,'cxtended. xll7
'.id mortgage, 7s. 1878
Sd niorlvuge. 7s. 1883
4th iiu.itKiige. 7s, 18K0 ....
5th mortgage, 73. 1888 ....
7s, con..'., gold bonils, 1920.
ex coup., Sept. ,'79 A prev
awn
104
lOi
1
St. I,. Alton .V 'f. H.-lst
106«
2d mortgage, pref
.
2M
\. Y. Klevittod. ex priv
\. Y. Now Haven & Hartf.
lUO
I
Wi%\
nenv.AR.Orando-lst,HKX)x
& 8t. Louis.
Southern
J.Tj^i-y
99
—
53'
eluflfl
I88U,
Thj"
IfS
7llof ,1«HH
lOhlo-flu, 1881
I
«.. 18HB
2d m<irt.
flo
3(1 mort.. llOO
do
97
90
1st con., guar
1'.22
Rens.A Saratoga, 1st, coup *x....
ix
do
1st. reg. X ....1122
Nushrille
N:tKhvilU> Chut.
do
do
if
I
do
A.AO
,
jiu
U9H
do
15»
lliirloin
l,ontc inland
I,oui>4Villc.t
Now
.
•z
IHlia
Jan, A.luly
April A Del
rundlnuiiel, IWVI
I,and Com.. IHMU, J.
RR
103
,<lt
Ohio, lut prf.
do
<lo
87
as
do
do
Clmthiini
Hpeciul tux ehisH
1041^1
Rcir. 7s. '94
Ut Pu. dlv., coup., 7s, 1917
do
reg., 7s. 1917
Albany Susqucli.. 1st in.
qttoted.)
IHIll
lfllK€ELIjANKOUN NTOCK»
l>el.,\(II.Can -Ot>up.,7M,'94
Riillroad Stocks.
AllMiny A Su-ttiuchuiina
Hurl. ((Mlnr U«piil-» & No...
niewn»cukc
no
'03.
I81M-95
may t0.
Bid.
iKliuid -.flu.eoiip.'Ki-O
(.'uroJIrui—flu
Uouth
167
do
coup, off, J. A J.
do
coun. off, A.AO.
KundlnKUci, 1860
do
1888,
Now tiundx, J. A J
do
A.iO
105
iiu
103
Hs.duf IHse
«?, dun 1HS7
Asylum or Univ., due
(1,1
rto
idi
XMi or '83
SKairKrnKa.
Rhode
imrj
North ( :urun niv-(t>, old J&J
Bn.old. A.Alt
No.Cur. KR.,.I. A.I
mi
IHIM
ptr tent rat uf, wfinlettr tht par
Bid.
loan, 1HS:I
0«,
n«,
»«,
mi
no
•M
30
RAILROAD AND
{AcUne orecioHHa
.
(I
7s,
7i<,
HI
in
ni'W
7.4,
7t<,
ttoutlnic
rxMiltpnttarjr
NKVV YORK.
IN
rfprfiuint the
BctruiTtu.
Iiu.
Mld'ourl-OH.rtue
idiji
G»
78,
.
449
MliU(iiirl-IIun.ftHt.Ju.,'fn'.l
New York-(l., Kolil, reK..'87
n<, Holcl.eoui.., IKH7
.1)1
«4, 188:1
Con ru'i-t lent —6s
t,t>ortji:t
now
new
Mletil«ilti-«s. 187J
7«, r..
I.. Rook RR.I
7«, .MCiiMi.
It 1'. II. .t N. K. RR.I
7a,
^^. MMn. O. ,t U. R. RR...'
7m. Arkiu)H.t.H Central RR.
U
lOJ
Il4,
H.«,
rto of 1878
8»,or 1010
Ti
Hi
1
Kentucky (U
8.<,
47X
I
atcis
l(M
0!4,
»)
U)
I
r,
('I1111.H
llttnolH- Wiir luan
I,oulHtiinii -U.4
4H»«
7'
A.atiiS
i«.i
Ciller- II.
.
HitNU<t.
BM. Aik
KKCUHITIiS.
RBCtTRITIKS.
Prifm
pui/r.
NTATK
.la,
.
TIIK CIIROMCLP.
1870]
QUOTATION'S OF STOCKS
IT.
—
...
.
18
40
20
so
IM
.
.
......
.
—
.
..
,
THE CHRONICLE.
450
NEW YORK LOCAL
Bank
[Vol.
SECURITIES.
Stock List.
Insurance Stock
[(^notations
COHPAKTSS.
Capital.
at latesi
Mark.'dthusC')
are not Nat'l.
_
PL,
dates,
Amount
ion 3,000,000
100 3,000,000
2-0,000
100
an 1,000,000
Butchers' & Dr. 2-^ 800,000
Central
100 2,000,000
Chase
Hill
300,000
«•
Chatbam
450,000
ion
Chemical
800,000
Cltliens'
600.000
City
100 1,000,000
Commerce .... 100 .000,000
CoHtUental ... UK) 1.000,000
»
100 1,000.000
25
East River....
llth Ward'.... 2h
KHI
Fifth
Fifth Ayenue". lOO
250,000
100,000
150,000
100,000
100
500,000
100 3,^00,000
.to
800,000
50 1,000,000
IIMI
750,000
KK) 200,000
1(K)
200,000
25 200.000
ICO.noO
H.*)
40 300,000
First
Fulton
Gallatin....
German Am.».
.-German Exch.«
Germ aula*
Greenwich*-.,.
Grand Central'
Grocers'
J.&J.
M.&N.
1,324.100
1,230.200
Am.Exebange
Bowery
Broadway
Corn Exch*&e».
Period !«7. 1878.
I.&
).&
188.5'JO
1,177.4
4
88,400 J.
i)a4.6lA> J. ft
J.
J.
J.
J.
May.
55,000
20,800
M.&N.
15,'' 00
11U,2)0 T.ftJ.
600,000
5,800 J.&J.
100,000
425,1)00 I . ft J
600,000
."iO 2,050,000 1,017,500 F.&A
1.0)0 I.ft J.
•m
100,000
iOO 400,01)0
78.000 1 4 J
100 500,000 ?«.S,fiO0 J. A J.
25 2,0:10,000 927 9D0 J 4 J
71.800 Nl.ftN.
50 600,000
«3,«00 M.&N.
2\ 300,000
203,700 \I &N
1,000,000
B«4.70
50:2,000,000
J.&J.
50!l,0O0.0O0 219,100 J. 4 J.
3-.,l01,' J.&J.
KKl
300,000
745,41)0 J. 4 J.
10(1 3,000,"00
78,100
100
100,000
f>i,2()0 M.&N.
100 1,000,000
654,«00 J 4 J
10(1 2,000,000
19,80') I.* J.
10(1
200,000
70.200 F. 4 A.
i(k;
800,01X1
8S,40C J.&J.
kk:
750,000
70i),O0Q
6S,ailO 1 4 J
7(
78,20(] J. 4 J.
.K
240,000
180,800 .1 & J
25 300.000
V 10,0 ji
5(
422.700
Q-F.
100;2,000.000 2'28,300 .14 J
'.31,00'i J . 4 ,1
25 412,500
20 1.000,000 141.100 J. 4 J.
Murray
.
..
Nassau"
Newl'crt
.
». r.Couutv..
N. Y. N. Exch.
Ninth
No. America'..
.
North River'.
OrientalPacllo'
.
People's*.
Produce*
Republic
l»\«00
lOOi
Tradesmen's...
West Side"
00 10)
2'il,60(
42.31 It
ioo,i,coi',oo<:
83.80C
15, 18;9,
J.
4
J.
J.
J.4J.
J.&J
18j.i«
M.<i N.
J.4J.
&J
M.4N
I. & J.
219,51).
1 .
0(16,30
200,000
figures In this
I.&
70,(W
40|],000."0(
50 1,200,000
100
F.&A.
F.& A.
14.70e
1
300,00r
bOO.OOC
200.001
800,000
100
100
Slate of N. t.
of date Mch.
'79. 4
'79. 3
'»u-. '79. 6
J«n., '73. 8
Jan., .79. s
•'""•i '79. 3ii
11
18
8
8
7
«
7
93,400
column
are of date April
tor the State banks.
'sin
03
115
104
P8
3
'79.
,
126
103
Mi'l'-.
'79.18
Jan., '79 3
Vay.
4
121H
Jan.. '76. 3
Feh..
'79. 5
Jan., '79. 3Ji
July, '78. 3
Jan., '79. 3
132
Api., '79. 5
400
Jan., -79 3
100
May,
Peh.,
May,
May,
'79. 5
'77. 6
7
14
14
8
K
3
6«
I'i
11
8
Jan.,
Jan,,
Jan.,
.'rtn.,
8
7V«
7
9
8
2
2^
,
Feb.,
May,
8W
rrn
3
7Hv;
6
6
May,
>V4 J an.,
l^
.(in.,
lU
III
6
12
R
7
7M
8
8
R
8
3
'79. 3!*
'7». 7
'79. 4
'78. 3
"79. 4
'79.
'75.
'78. 5
'79. 3>i
'79. 4
'79. 2
'77.
'79. 3
'79. 9ii
'79. a
'79.
'79. 4
'79. 6
'7S.
'79. 4
'79. 4
Jan.,
Jan.,
Jan.,
Nov.,
8X
2«
.Ian.,
Jan.,
Feb.,
Jan.,
'79.
4
'77.
3
123}4
«
75
JS'., '79.
11
12
10
10
10
Q
8
Jan
May,
6
s^
'79. 21<
'79. 8
•Jan.,
,
Inly,
Feb.,
Aug.
3
8
9
10
10
10
7
8
7
3
7
»
U
8
7«
10
8
8
4, 1879,
IJO
Jan., '79. 3Ji
Jan
a
?H
4
'79
,
July,
Jan.,
Jhu.,
Jan.,
May,
Jan.,
Jan.,
3
'79.
'74.
'79.
'77.
'78.
'79.
'79.
'79.
'78.
'78.
'79.
'79.
....
3",,
8
2J~
3
4
4
3
3>«
3
S\4
May,
4
Jan., '79. 4
for the National banks, and
[Gas Quotations by George H. Prentiss, Broker, 24 Broad Street.]
Gas Covfanikb.
rSrooklyn Qas Light Co
Citizens' Gas Co (Bklyn)
do
«ertillcateB
26 2,000,000
20 1,200,000
Sarlem
l.COO
3-^0,000
50
1,850 000
4 Hoboken
20
750,000
50 4,000.000
Manhattan
lietropoUtan
100 2,500,000
V
do
certllicates
Mutual, N. Y
do
bonds
fVaasau, Brooklyn
do
scrip
Central of
certificates,
New York
Williamsburg
do
scrip
Metropolitan, Brooklyn
Municipal
Var,
Var.
5
Jan., •79 13S
14'3
3
Jiin., '79
80
102
60
150
185
A.&O 8K
3
J. 4 J. 74
J.&J. 5
5
M.&S
F.&A.
*
75
OS
40
140
ISO
115
100
66
100
70
90
x9g
25
90
70
60
75
85
60
110
Apl., '79
Keb
'78
Jan.,
'71.
'79
'79
•Tu
1^4 Apl. '79
3Hg Fob. '79
3
J;m.. '79
3M
Var. 1,000,000 J.* J.
100 1,000,000 M. &N
3^
4
HH
K'eh
Feb
May,
Way,
•
7,.
'79
Jh).., '78
i>H
3^
Ian, '79
8
Feb
2
Jan., •79
'79
Ian., '79
2^» Nov. •,b
3
1,600,000
Bid.
s^ Feb
700,000 M.&N.
100 4,000,000 -M.&N,
10 1,000,000 I. & J
1.000
,S25,0O0 M.&N
Var.
300,000 J. &J.
60
486,000 F.& A,
60 1,000,000 Quar.
.
100
Date.
K
r.
Va
People's (Brooklyn)
-do
do
bonds
do
A
Period,
1,000,000 Nf.ftS
100 5,000,009 Quar.
1,000 1,000,000 F.& A.
25 1,000,000 Var
Hew York
do
Amount.
Par.
17
Citizens'.
Olty..
...
.
20
70
100
30
145
Fulionterriz—Hi.
100
900,000 J. & J.
Ist mortgage
1,000
694,000 J. 4 J.
Broadwat/ dk Seventh .4oe— stk..
KO 2,100,000 Q-J.
iBt mortgage
1,000 1,500,000 J.4D.
Brooklyn City—stock
10 2,000,000 Q-F.
1st mortgage
1,000
800,000 M.4N.
Blatelcer Bt.it
Feb. '79
Uroadway (Srootli/n)— slock..
BrooUt/ii tk Hunter'^ i^— stock.
ist
mortgage bonds
Busfiwick Av. (/i'^ij!/n)— stock
\Mntral Pk., y.i E. Hiver—eti.
ConsoildHted mortgHgebon a
.
Dry Dock,
K B. ct Ilattery—&i^.
100
100
1,000
100
100
1,000
100
200,000
•100,000
800.000
600,000
1,800,000
1,200,000
i,'.;oo.ooo
Q-J.
A.&O.
J.&J.
J.&J.
J.&D.
Q-F.
mortgagf, cona'd
;00&c
900.000 J.&D
Btghth 4pen««— stock
100 1,000,000 J &
latmortsage
1,000
203,000 J.&J.
2d St. it Grand St />erry—stock
100
748,000 M.&N.
.
1st
.
iBt mortg,*ge
1,000
Central Oroxf! 'lown- stock.
iBt
...
mortgage
iBt mortgage
feconr^ Arennti— Block.
,
3d mortgage
.Cons. Convez-tlJic
Extenplon
ttxtltAnenue- stock
18 1 moTtsrago
lAi'rd .dre^itfe— stock
....
mortgage
I»f«liw-'A/rrt N(r««8—BtOCK
l8t mortiTflre
•I'liU
column shows
A.&O.
last
7
Jan., "im 10
J'ly,19nn 85
2
7
Apr,
'79 60
•lune, '84 100
8^< May, '79 130
7 Nov., '80 102
3 .«pr., '79,135
8
Oct.. '76 90
7
1888
S
7
2
J»n!! "?9
Dac-.1902
7
8
7
Ju, e,'93 ]
Jan., ""9 100
Jan., '8J 100
8
7
May,
7
Nov.ilMl
May,
'79
600,000
200,000 M.&N.
100
250,000
600
600,000 J. 4 J.
100 1,199,500 Q.-F.
Apr.,
1,000
150.000 A.&O.
1.000 1,050,000 M.&N.
;00&c,
200,000 A.&O.
IOO
750,000 .H.4N.
1,000
415,000 J.&J.
100 2,000,000 Q-F.
1,000
,000,000 J. 4 J.
100
600,000 J 4 J.
l.onn
i?50,000 v*.*v.
7
2
7
100
85
35
90
8i
02
'78 l:-10
'93 105
7
7
5
7
5
7
4
July, '94
Apr., '78
Apr
July, 78. 5
July.
8«
)4
-Ian
10
,1an..
N'n
10
20
20
20
20
July '7s; 5
Dec. 78.10
F-b.. •79.10
17«
10-72
Feb.
18
12
79.
7«.
.
Ion..
•7-r
7
N'ne July.
5
N'ne
'77.
Ja'^., '77.
93
60
100
i95'
208
210
4
)-n., '79.10
•79. 5
Ian.. •79. 6
5
73
135
6
-lai.. •79.10
26
!8
•
Over
all liabilities,
200
ISO
180
!15
120
5
5
101
HO
8««
80
70
85
95
65
120
20
90
65
lOi
140
110
150
100
102
90
42
05
50
70
ri8
[Quotations by DAinii. A. Uoran, Broker,
Mouths
y,w York:
1841-«8.
Water stock
1854-57.
do
Croton water stock.. 18^15-51.
..135-i.«0.
do
do
Croton Aqned'ctatock.1865.
pipes and mains...
do
repervoir bonds
io
Central Paik bonds. .1858-57.
1853-65.
uo
do
1870.
Dock bonds
r-75.
do
18(i.')-68.
Market stock
1869
Imprivementatock
CO
....1649.
do
var.
Consolidated bonds
var.
Street Imp. stock
var.
do
do
New Consolidated
Westchester County
80
30
luly,^90 ID
Feb.,'79i 03
do
do
do
do
92}<
125
105
105
80
90
153
87«
85
i70
130
85
120
126
'90
75
iTO
113
80
128
Ills'
135
no
102
102
103
106
18,84-1911 104
1884-1 HOO 110
lOS
119
109
do
do
do
do
January
7
&
18,89
July,
do
do
[Quotations by N. T. Bksbb, Jr., Broker. 1
Ja inary
Uo
do
do
do
do
do
7
7
7
7
6
&
ia<
:oi
119
109
118
106
114
1879-1890 102
113
111
1901
1888
102>i lOS
106
1879-1882 102
113
111
1898
107
106
1894
do
do
do
do
do
do
^ooAii^n— Local iuipr'em'Ldo
bonds
1878-1880 100
1878-1879 100
102
1890
1883-1S90 103
118
1901
1898
107
1894-1897 118
May & Novdiber.
Kings Co. bonds
\(
.-. '9** 100
7
dividend on atooka, but the date of maturity of bonda.
May Aug.& Nov.
May & November.
7
90
75
75
85
115
125
100
lOD
103
75
140
due.
May & November.
7
6
6
82X
140
ISO
t lucluaive of
Feb.,MaT, Aug.& Nov. 1007-1911 107
do
1878-1898 101
do
1877-1896 100
do
do
Brl>l)?ebond8
20
88
58
140
176
Bonds
Paytlble.
do
do
do
do
.
137
10
'85 ^5
May, '88 7f)
Sept..^8:i 70
Miiy. '77 75
July, •BO 105
Fell., '79 118
Feb.,
iVd
100
125
10 -Wall Street.]
INTKREST.
P.irk
118
40
75
Oltr Securities.
105
95
,
including re-insurance, capital and Ecrlp.
101
77
98
Ask
1
102
75
I
100
1,000
Uoudton. West 9t.iiPav.F't/—Btk
1st
^38,000
.1
m
S
10
15
15
10
4
10
20
20
20
20
Bid.
I'aid,
scrip.
1!22
Broadway.]
*
Priob.
Last
1878.
186
'an., •79.10
1,000,000 1.038,4231 11-45 12-60 18 40 Jan., •79.6-83 170
200
800,000 514.353 30
20
20
Apl., •79.10
105
200,000 102,001 14
10
14
•an,. •79. 5
200.010
10
121,604 20
15
Feb., •79. 5 105
200.000
15
161 .067 16
15
Jan., •79. 7« 123
100
Firemen's ..... 17
204,000
10
12
85,825 15
Ian,, '7^ 5
60
Firemen's Fund 10
150,000
llO
N'ne Inly, •77.
10
10
105
Firemen^
150,000
11
88,618 12
12
Jaj„ •79.
100
Frankllr.&Emp 100
200,000 180,330(...16" Jan., •79.'
185
Gernian-Amer. 100 1,000,000 815,040 10
io
60
176
500,000 754,424
Germania
22
30
Jan.. •79.
50
107
200,000
Globe
20
10
127,116
Ian.. •79.
25
270
200.000 341,801
Greenwich
40
80
Ian,, •79.
60
100
Guardian
200,000
85,343
iaa.. •79.
10
18
130
Hamilton
150,000 124,537
•20
Jan. '79.
15r.
60
Hanover
600,000 685,899
l-n., •79. 5
10
50
85
HoflWian
10
200,000
78,847
10
Jan.. •79 6
100 3,000,000 l,363.4f9
i'2a
Home
10
Jan., •79. 5
10
26
I'O.OOO
Hope
16,909
Tan., •78. Shi 80
10
10
102
50
Howard
600,000 206,609
12
Ja'j., •79 5
10
100
Importer8*& T. 50
111,928
200,000
Jan., •79. 6
12
10
100
5
200,000
32,968
Irving
13
Jan., •7h. 5
10
SO
130
.lefi'crson
200,010 t314,003
10
?ept. '78 6
10
180
150,000
190,901
Kings Co.(Bkn) 20
20
Ian., '79.10
20
75
Knickerbocker 40
27,884
280,000
10
lau , •79. 6
5
140
lr6,5.7
Lalayette(Bkn) 60
160,000
20
la )., •79 8
16
100
100
118,473
Lamar,
200,000
10
Jan., •79. 5
10
80
25
5f>,005
150,000
Lenox
10
Jan.. •79 5
10
145
200,000 281,942
Longl8l.(Bkn.) 50
Jan., •79. 8
20
18
25
to
71,811
300,000
LorlTlard
10
Jan., •79. 5
10
200,000 202,281
Manur.& Build 100
12
Jan., '79. 8
12
112
Manhattan
100
250,000 241,421
Jan., '70. 5
20
IS
1(^0
200,000 281,6:i7
Mech.&Trad'rs 25
80
.Ian., '79.10
20
186,^69
150,000
186
M«cli'ics'(Bkn) 50
20
.Ian., '79.10
20
51,388
80
200,000
50
Mercantile.
10
Jan.. 'TV. 5
10
140
200,000 200,979
50
Merchants^
20
18
.ian., •79. 8
200,000
114,189
no
Montauk (Bk)i) 50
18
.Iaa., •79. 5
12
174,0hl
200,000
166
Nassau (Bklyn) 50
20
20
,)an.. •79.10
124.311
105
371^ 200,000
National
14
-laii., •78. 5
10
210,000 3)24,262
20
N.Y. Equitable 85
20
Ja.. '70.10 190
200,000 160,005
17
14
New York Fire 100
Ftb. '79. 7
'60
24,571
200,000
N'ne
N. y. & Bostot 100
55,081 10
800,000
66
lb" N'ne Jan., '79. 6
New York city 100
500,000 455,012 10
50
114
12
Niagara
11
Jan.. •79. 8
350,000 112,717 12
no
11
North Elver.... 25
10
Apl., •79. 4
426,132
30
25
200,000
235
20
Pacific
30
.Ian., •79.10
200 000 10 (,562 20
108
100
20
I'aik
!2
Jan., •79. 6
150,000 200,474 20
190
20
Peter Cooper..
20
Ian.. •7910
108,104
20
150,000
110
50
18
People's
12
Jan., •79. 8
000,000 731,322 20
120
20
Phenix (Bklyn, 50
15
.ia:>., •79
8
'200,000
S%
Produce Exch. 100
'ne .l»u., •77. an 85
1?« 10
59,440 10
200,000
80
Kellef.
Ja-i., •79. 6
34,873
10
800,000
70
10
Republic
.Inn., •79. 5
5
71,994 13
2(10,000
12
95
Kidgewood
10
,Tan., •79. 5
200,000 205,201 25
20
20
Rutgers'
Jan., •79 10
103,896
200.0(0
15«
16
i05
Safeguard
16
'a 1., •79 8
200,000
78
89,020 10
9
St. Nicholas...
10
Fe 1., •79 8
200,000
Standard
175 Oil 11 56 1285 6-23 .lau , •79.6-23 1S3
300,000
109
171,318 -15
I7>^ 12« Jan., •79. 6
Star
200,000
85
49,231110
10
10
Aug. '78. 8
Sterling
200,000 144,517 20
14
StuyveSant
!6
Ja ., '79. 5
300,000
105
181,302
10
Jan., '79. 5
Tradesmen's...
20
250,000 231,331
135
18
12
.la '., '79. 6
United States..
300,(00 175,619
105
Westchester..
10
10
Feb., '7W. 6
250,000 450,317
20
20
Jan., '79.10
198
Wllliamab'g C
.
[Quotations by H. L. Gkast, Broker,
1878. 1877
K«
8«
Nov.,
7i,
60
26
26
DlVIOKNCS.
1,
1879."
200,000
7,107
200,000
21
400,000 t494,548
200,000
69,251
1,44V
200,000
200,000
87,.545
300,000 410,687
200,000
03,641
153.000 203,(141
300,000 603,71-9 „„
210,000
178.380 20
260,000
160,018,20
300,000
11,128110
200,000
10
200,000
170,523 25
('oramerce Fire 100
Commercial ... 60
Continental.,.. 100
40
Bagle
Empire City.... 100
SO
KxcMange
60
Farrsgut
3H
3W
July,
lai.,
Jan.,
Jan.,
Atlantic
Bowery
Columbia,
Jan., '77, 3
Jan
7
•25
100
Clinton
SH
'79.
'79.
'74.
A pi.,
96
Amount
American
50
American Excb 100
4mlly
100
Brooklyn
5
'70.
'79.
Jan.,
Gas and City Railroad Stocks and Bondii.
Jersey City
Jan.
Adriatic
/Etna
List.
Bailsy. broker.7 Pine itreet.]
Furplus,
COMPAHIKS.
IJroalway
6
8
.
S81.70C
SOO.OOi
Wioe & Leather 100
The
ni
100 1,500,00
100 .»00,<OC
Seventh ward. 100,
Second
100
?
12
16
1
..
Hill'
.
.
-
Bid. Aflk.
Jan.,
.
Mechanics*
Mech. Asaoc'n.
Mech'lcs & Tr.
Mercantile
Merchants'.
Merchants' Ex.
Last Paid.
May.
lee.ioo T.& J.
9
8
3,17«,400 =(l-m'ly LOO
1110
158,6)0 J.&J.
HH 6
1,405.000 M.ftN. 10
10
'!.531,20C I.& J.
6
8
103,200 J.&J.
813.700 F.&A. 10
10
61,100 I.& J.
8« «Vi
7,000 I . *. J
3»,1'0 T. ft J. 10
H
163,100
1,33a. IOC Q-J.
12
12
865,500 1.4 J.
6
411,4(10
10
10
648.400 .\.&0
7
7
4a,^00 F.AA.
53,41)0
6
May.
5
.-iO
Irving
Island City' ... ro
Leather Manuf. KK)
Metropolis-.
Metropolitan
8
6
5«
i-H.200
J. ft J.
17-,40o I.ft J.
100 1,000,000
Hanover
Imp.* Traders' 1(H) 1,.500,000 1,786,800 J. ft J.
Manhattan'
Manuf. &Mer.'
Marine
-Market
8
s.
Net
Capital.
i
Par
America*
by E.
Price.
DlvrBBNDS.
Surplus
XXVIIL
Now
St.]
July,
io
Jo
do
do
do
do
May 4 November.
An
do
January A July,
do
do
105
101
1881-1893 102
1915-1924 12l«
1903
now;
i!;o
1915
1902-1905 111
1881-1895 104
1880-1883 103
188U-1885 102
.111
1924
1907-1010 111
103
111
124
122
123
lis
J(i9
108
108
114
113
•All BrooKlyn bonds Hat.
[Qnotatioas by 0. Zabriskik,
Jtrticy Ciifr—
Walel loan, long.
.1869-71
do
Sewerage bonds.
Asseasment bonds. ..1870-71.
Improvement bonds
18R8-(i9.
Bergen bonds
.
4:
Montgomery
fel.,
jersey City.]
1895
January 4 July.
1899 1903
January ft Ju(y.
1M78-1879
do
do
Jan., May, .Inlv A Nov. 1878-1879
189', 94
J. 4 J. and J 4 D.
1800
January and Julv-
87
102
97
87
97
87
101
104
IOO
10
100
100
—
Mat
:
THE CHRONICLK
8, 1879.1
JutJtstmcnts
AND
STATE. CITY AND CORPOBATION FINANCES.
The iNTBafTORs' SuppLKifBifT is pabliHhed on the lant SatnrdAy
of each month, and furninhed to all rn^ular subscribers of the
No dingle copies of the Hupplrmbnt are sold at the
Cheosiclb.
office, as only a mifflcient number in printed to Hupply regular
HubscribiTN. One number of the Hdppi.kment, however, \» bound
up with Tub Kinancul Ubvikw (Annual), and can be purchased
in that shape.
ANNUAL
REPORTS.
Honthern MInnpsoti.
{For the year ending Dee. 81, 1878.)
repoi't has the following: The earnings and
The annual
expenses were
KiiriillN'tvd frrlKlit iitrniinta; Htatinn balnncpx, Ao.
Am. Ex. Co., Ao
.MI.ii'clliiiiiMMiH iu'tM>iinl»; l'.<).l)<-i>t.,
Ciiiiltitl Ht(i<'k M. M. K.U. KxteiiMluu
HupiilicR
ppllei
Kxi.rcnH
M»iU
1
15,0»0
11,310
8,138
MUcellaneouB Dources..
$643,030
OrERATINO EXrBNSKg (INCLUDDiO REMRWAL8, IMPROVEMSKTS AKD TAXES)
For—
For.Salarlcs
GiMUTiil cxiicngcs
Claims and dami^ccs
Staliinnxpi'iisos
Train cxjhmikch
$23,1.50
13,06!)
2,12.*{
Molntcnance of
woy
$104,888
Maintcuuni'C of biiild'gs
Maliitcnauce of fences
0,132
5,016
19,291
3,516
. .
2.5,732
Taxes
83,H11
19,623
22,518
Telegraph
Mainlrnanci'M mach'ry
Matntrnancc of cars
331,884
tlin ni-t t'aruingH have been
t311,152
Operating expenses, including taxes, were 51"61 per cent of
the gross eamines; exclusive of taxes, 48*61 per cent.
The cost of all improvements and additions to the property
(except right of way) has been included in operating expenses.
in addition to operating expenses, the following payments have
And
been made:
ForriRhtof way(4ienille8)
For depot ;;round8 at Grand Crossing
For reorganization expenses
For interest on Pink bonds
For interest on construction bonds
For interest on deferred interest certificates
Fof interest on extension bonds
ami materlaU on baud
Total
rioallng Liabllitieii:
IHic to other co's; ticket and car mileage balnn'i,
Due to employes, (Dei^ember pay-rollR)
Due for supplies, &c.; current vouchers
41,793
3S,3I9
27.37 ff
$87,430
$122,053
Ac $4.14t
$fi.603
14,39.5
11,71.5
&
3.043
3,029
15,755
233,240
8,163
8,960
Total
$274,746
$33,219
at Grand Crossing' was in settlement of a judgment recovered against the
receiver for property taken by the company at the time its road
was constructed. As compared with the year 1877, gross earnings have decreased $44,026, operating expenses have decreased
$58,912, and net earnings have increased #14,886. The business
of the first six months of 1878 and the abundant harvest then
in prospect gave promise of veiy large earnings for the year,
but this expectation was defeated by the alternation of
extremely wet and hot weather which occurred when the crop
was ripening, and which everywhere greatly damaged and in
some localities entirely mined it.
" On account of the short crop, it was found neces-sary to
postpone making many desirable improvements, tending to
economy in operation, which were contemplated early in the
season ; but the condition of the road-bed, bridges and rolling
stock has been fully maintained, and is as good as at any time in
the history of the road.
" It has long been conceded by those familiar with the situation that this road should be extended to the western boundary
of the State as soon as po.ssible, in order to provide by new business against increasing competition and to prevent, by occupying
the territory belonging to it, the present line from being surrounded and localized Owing to various circumstances it has
been impracticable to take active measures in this direction until
the past year, when the Southern Minnesota Railway Extension
Company was fonned for this purpose. This organization was
made, by the advice of counsel, under the genersd laws of Minnesota,, with a capital stock of 1,500 shares of $100 each
and
while it is in law a distinct corporation, yet it Ls owned and controlled by your company.
The Legislature of the State has
granted to the Extension Company, on certain conditions, all
the lands appertaining to the uncam2)leted portion of the SouthMinnesota Kailroad, consisting of about 40,000 acres in
Martin and Jackson Counties and 139,000 acres in Rock, Murray
and Pipestone Counties, and they are among the best farming
lands in the State. The Extension Company has executed a
mortgage for $1,200,000 to Messi-s. Henry C. Kingsley, of New
Haven, and Henry G. de Forest, of New York, as trustees, covering its franchises and property, other than land-grant lands,
from Winnebago City to the west line of the State ; and has
issued 1st mortgage 7 per cent bonds at the rate of $9,000 per
mile for each mile of completed road. At a meeting of the
stockholders held on the 27th day of August, this Company
agreed to guarantee and endorse these bonds and to subscribe
for the capital stock of the Extension Company. The subscription has been made and bonds to the amount of $387,000 have
thus far been issued. Forty-three and one-quarter miles of
railroad and telegraph line, extending from Winnebago City to
Jaekson, have been constructed by the Extension Company during the past year.
The first section, 17 miles, was opened for traffic on July
_
;
1»
20,611
21,019
12,722
19,201
58,324
$87,430
$122,05»
0,8.55
Balonce
Morris
33,21
16,574
14,327
MIsccUanMms account*
Taxes, (3 per cent gnWB earnings)
Essex.
(For the year ending December 81, 1878.)
is leased to the Delaware Lackawanna & Western.
Company. The following flgares are from the report to the
Comptroller of New Jersey.
The only change in the stock and debt at the close of the last
two years was an increase of f 177,000 of bonds in 1878.
This road
1877.
1878.
$1.5,000,000
$15,000,000
19,923,000
19.746,flOO
$34,923,000
925,044
$34,746,000
950,490
Balance
•"-.... $33,997,9.55
$33,795,.509
Cost of road
17,710,790
12,144,240
3,429,839
713,085
17,551,083
Stock
Fuudeddebt
Total
Less sundry assets
Equipment
Ilobokcu docks, etc
Canal at Hoboken
Total cost
$2.5,55
And there remains cash on hand
" The payment of $3,043 'for depot grounds
em
S.'i.OOO
Total
$4,204
6,332
Tiileftraph
0,717
10,683
tJO&S
4,6M
Co
Casbonbaud
snoo
From—
$^»97.9t3
451
lit, and the last section, 20^ milm, on December 2d, 1878; it i«
operated as part of onr line and its earnings and eipensea jtr*
included in our reports.
" In view of the present low cost of constmoUon and of th*
advantages to tie gained by eitension, it is earnestly recom>
mended that the road be completed to the western boundary of
the State during the year 1870.."
FU)ATI5a A88ETB AXD LIABIUTIEfl.
Floating A ueti:
1H7H.
1877.
Duo fruiii iitlicr I'UiiipHiitrii; Uclcrt nnil car mllOHKr lial $022
tfM,i>ttn
KARKINOB.
From—
HrolKlit traffic
riisMftiKor triifllo
:
The earnings
12,140,.593
3,429,839
673,994
$33,795,50*
$33,997,9.55
for the two years were as follows
:
1877.
1878.
Passengers
Merebandise
Coal
Othersources
Total
Expenses
$800,402
639,135
$770,49*
643,902
1,076,449
194,129
1,729,436-
$2,710,116
1,927,788
$3,368,441
2,145,933
224,608
$1,222,50T
$782,328
Neteamings
rental paid by the Delaware Lackawanna & Western is
interest on the bonds and 7 per cent on the stock, which wonld
make a net loss of about $1,650,000 to the lessee.
The
Delaware
& Bound
Brook.
(For tJie year ending Dee. 31, 1878.)
The following statements are from the report to the
Comp-
New
Jersey.
The stock and debt at the close of the last two years were ae
follows
1878.
1877.
$1,514,000 $1,514,000
Stock
Bonded debt
1,500,000
1,500,000
259,033
Floating debt
279,620
troller of
Total
Cost of road and equipment
The main
line is all
double track.
$3,293,620 $3,273,033
3,136,534
2,998,046
The earnings and expensea
for the two years were as follows
1878.
Passengers
Freight
Other sources
Total
Expenses
$137,290
132,133
1877.
$122,438115,138'
1,145
889
$270,570
151,547
$238,466171,422
$119,022
$67,044
<»)»*
Neteamings
Cairo & St. Lonis Railroad.
{For the year ending December 81, 1878.)
The receiver, Mr. H. W. Smithers, has submitted his report
for last year. He says: " It will be seen from these accounts that
for the entire period of the receiyership [from Dec. 6,'1877] the
deficiency from the operation of the road ha.s amounted to a/
This deficiency has arisen entirely from
total sum of $12,989.
the necessity for extensive renewals and the heavy burden of
extraordinary expenses for rental of property not owned by the
company.
" During this present year the receiver has been authorized by
your Honorable Court to borrow a sum of $25,000 up-n receivers
This has been rendered necessary, inasmuch as the
certificates.
renewals since the road pa.ssed into the custody of the Court
have largely exceeded, and will, for some time to come, exceed,
a normal average. It may also become necessary for the undersigned to submit for the approval of the Court a proposition
for authority to issue further amounts of certificates, to enable
him to acquire equipment now leased, and to pay for the depot
grounds at Ea*t St. LouLs, and for other pui'poses of a purely
capital nature, to which reference will be found in the report of
Mr. Johnson. Suits are being prosecuted for the recovery of
local aid bonds promised to the railroad company. These bonds
are for a considerable sum, and, if their delivery shonld be
enforced, they will be a very material assistance to the financial
—
.
THE CHRONICLE.
452
F'osition of the undertaking.
It will be seen that the sole cause
or diminished earnings is the little movement in ccal. Should
the iron interests at Carondelet become more active, it may be
expected that this road will benefit considerably thereby. The
general freight business of the road, apart from coal, has shown
a gradual and steady improvement."
STATEMENT OF REVENUE ACCOUNT FOR 12 jMOXTHS ENDING DEC.
31, 1878.
Dr.
To ordinary operating expenses
To cxtrnorrtin.iry oxpcusos and
ifor 12 mouthB euding Uoc. 31, '78, otliiir expenditm-e.s for 13 nio]itli.s
viE.:
ending Dee. 31, 1878, viz.:
Ooud'ng trausp'n—
Extr'uary exp'8,$25,047
498
Passenger
Taxes
freight
I'aym'ts on acc't
of C. & St. L.
$1 1,.5.54
2(i,197
iHiwer.. 49,721
*Caiut'ce of way ««,917
••
" curs l.'j.OSO
Motive
KR.
Co., large-
It was decided that at the cate of the mortgage the company's
charter did not authorize it to acquire the s-aid road from
Alexandria to the Long Bridge; hence it was not intended to be
embiaced in the " after acfiuired property " mentioned in .'aid
moj-tgage, the expression "after-acquired property" referring
only to such property as the company had the power to
acquire at the date of the niortgaTC. This makes the judgments above mentioned good, being the first lien on this section
of road.
Antliracito Coal Sale.— At the reguljir monthly auction sale
of coal by the Delaware Lackawanna & Western kailroad Company, on Wednesday, a further decline in prices was realized.
The following table shows the prices received, compared with
the prices obtained at the la.st Lackawanna fale in March
:
l.V for taxes prior to appoiut'nt
lOeneral cxpen*d 19,917
"rot.ordiu'yexp'8l2intli'8.$209,03<<
2 1 .950
To balance revenue aco'ut
Decline
of rceeivei-.-..
G,319— $31,865
To balance, being excess of
oiwrating anil oxt aorexpenses and
diuiiry
otber expenditures over
earnings, for 12 niontbs
ending Dec. 31, 1878...
$231,889
Range
Tons.
5,000 Steamer
25,000 Grate
20,000 Egg
40,000Stove
10,000 Clie.stnut-
1,914
Or.
Uy
earnings for 12 montlia, end-
ing IJec. 31, 1878.
Passenger
v.z.:
$6:. 178
121 ,723
Jt'rolgbt
Coal
Kxprejw
Wail
34.313
3,202
7.141
3,209
ivfjscellaueous
By
sold
nary oi>eratiu.g expenses
for 12 niontlis ending
Doc. 31,1878
$21,950
?ale.
By balance
revenue
ward)
to
&
(for-
9,914
$31,865
Paciflc Telegraph
(For the year ending Die.
2
.
.
2
2
2
ftf
Prices.
02 "a to $
05 to
10 to 2 07^3
37 to 2 40
25 to 2 30
Av. price
on amount
sold.
$2
OVi^a
2 05
2 09:i4
2 39 'a
2 27H:
A v.
price
fi-om
last month
D. L.
W.
March
$2 17>2
-15
&
2 19%
2 1734
2 SI?!
2 341-2
sale.
Vl^
08
1214
-07
price obtained on Wednesday on all the coal
ton, against S2 36 per ton at the March
was §2 23 per
Atlantic & (Jreat Western.— In London, April 30, an application was made to Vice-Chancellor Bacon for an injunction to
restrain Sir G. Balfour, Mr. Charles Lewis and another person
from carrying out a propc>sed lease of the Atlantic & Great
Western Kailroad to the Erie Railway Company. The main
objection to the lease was that it would interfere with the
reconstruction now going on with respect to the Atlantic &
Great Western Railroad. His Lordship said the matter was of
some importance and rather out of the ordfcary course. He
thought that upon the affidavits which had been read no harm
would ))e done by his granting an injunction extending over
Tuesday next, the plaintiff, Mr. McHenry, undertaking to be
answerable in damages to the defendants."
The London Times, in its financial article April 30, said: " The
Atlantic & Great Western mortgages and bonds were all
adversely affected by the proposals of those who are now
endeavoring to prevent the lease of the line to the Erie
company. The creation of what may be called a pre-preference
debit of
account
$2
The average
being excess
bal.ance,
of earnings over ordi-
$231,889
Atlantic
[Vol. XXVlli.
Company.
31, 1S78.)
The annual meeting of the stockholders of the Atlantic &
Pacifio Telegraph Company was held this week. The report of
President Kckert showed
that on December 31, 1878, the
and 8,706 miles of pole line and 22,421
miles of wire line. The contract under which the Atlantic &
Pacific Company operated the line.3 and offices of the Central
Pacific l?ailroa'd Company, under the name of the Pacific
Division, expired during the year, and the property was subsequently leased by the Western Union Telegraph Company,
"f he Vermont International Telegraph Company, and the lines debt on a line not now paying its working expenses is looked
on the New York & Oswego Midland, the New Jersey Midland upon as purely chimerical."
a.nd the Montclair & G-reenwood Lake railroads are now
Judge Tibballs, of the Court of Common Pleas at Cleveoperated in connection with the Western Union Company. The land, 0., has made an important order, in the ease against the
-Atlantic & Paciflc still continues as connections the lines of the Atlantic & Great Western Railway Company and othera, whereBaltimore & Ohio Kailroad, the Dominion Telegraph Company by the entire litigation between General J. H. Devereaux, the
of Canada, the Grand Rapids & Indiana Kailroad, the Direct receiver, and the United States Rolling Stock Company is taken
United States Cable Company and other minor companies. from the courts. The contract of settlement is reported as
The business of lines comprising 2"0 miles -of poles and 2,709 follows The receiver sliall pay the Rolling Stock Company
wiiles of wire has been put under the management of the on or before the 15th of May, 1879, $100,000 on account of
We.stern Union Company. In addition, 250 miles of poles and claims.
The receiver further agrees to paj' from and after
936 miles of wire have been taken down and ,53 offices have been Jai.uary 18, 1880, not less than §7,500 per month on certifi«losed during the year, as the Western Union furnished facili- cates vvhich have been issued to the Rolling Stock Company.
oompany had
223
offices,
—
:
The Rolling Stock Comiiany, on
ties sufficient for tlie transaction of all business over those lines.
its part, agrees to receive
settlement of the claims.
The receiver is authorized to borrow $100,000 at 8 per cent. The
whole amount claimed by the Rolling Stock Company was
There were
1,269.510 mes.sages, including press dispatches and
market reports, transmitted by the company during the year.
The receipts, disburaements and as.sets of the company for the
year were as follows:
^et' assets December 31, 1877
Kfccipts for the year 1878
The
a.s.sets
December
following
Ls
1,135,463
1878
$229,821
the balance sheet on December 31, 1878:
31,
—
ASSETS.
C*)nstniction
Cine
$13 ,043,478
niateriiU
fatcnts
10,000 sbares Atlantic
C290 slnircs
&
14.287
232,479
Paciflc Telagrapli stock
1 ,000,000
Franklin Telegraph stock
•4,,572 sbares Domestic Telegraph stock
stock of otber telegraph conipauies
Atlantic & Pacific Telegraph stock.
Cash on hand
I>uc fi-om sundry companies, persons and
029,000
35.286
27,943
52.727
".
17,901
offices
259,095
.
Total
$15,312,738
:
LI.VniLITIES.
^IHipital
$15,000,000
,.
J>uc to sundry companies, persona and
Total
26.5,500
offices
47,171
.
$15,312,738
OENERAL INVESTMENT NEWS.
Alexandria & Frerlericljsburg.-The Virginia Court of
Appeals has affinned the decision of the Circuit Court of
Alexandria in the case of the Fredericksburg & Alexandria RailCompany vs. Graham. This case decides tliat the portion
of the railroad bHween Alexandria and the Long Bridge at
Washington is no': embiaced in the mortgage of the ."aid
company, and henc> is liable for the payment of .some ?25.000
of judgments obtain ?d by Me.ssrs. Marye & Fitzhugh for C. M."
Bntxton, as contract )r, and the parties who worked with him.
iToad
'
I
stock
Nelcarnmgs
& Co., of Baltimore, say in their circular of April 19th: " This
road extends from Belpre," Ohio, to the Marietta & Cincinnati
Railroad 30 miles. Capital stock issued §1,243,400, of which
the Baltimore & Ohio Railroad owns !t!l,241,700. Funded debt
$750,000, of which the Baltimore & Ohio owns $504,000. No
report is made of earnings or expenses. The Marietta & Cincinnati Railroad guarantees the principal, and interest at 7 per
cent on the bonds, and also guarantees an annual dividend of
8 per cent on the stock. The Baltimore & Ohio Railroad, under
the order of the court appointing Mr. John King, Jr., receiver,
is to receive annually, on the stock and bonds held by it
as
follows: $1,241,700 stock of the Baltimore Short Line, 8 per
on
the
bonds
cent, $99,336 ;
§504,000
of the Baltimore Short
Line, 7 per cent, §35,280; and on the $747,350 stock of the Cincinnati & Baltimore Railroad, 8 per cent, $59,788, before the
Marietta & Cincinnati bondholders, who have the first lien on
the road, receive one cent of interest on their bonds. It certainly seems very unjust that the Marietta & Cincinnati bondholders, representing 300 miles of road and a funded debt of
$13,000,000, should thus suffer, for the benefit of the holders of
the bonds and stocks of the Cincinnati & Baltimore and the
Baltimore Short Line Railroad, representing 35 miles of road
and a total bond and stock debt of $3,740,850, of which the
Baltimore & Ohio Railroad owns $2,493,050.
It will be seen that under the decree of the court, which sp
strongly favors the Baltimore & Oliio Railroad, the holders of
Marietta & Cincinnati securities are virtually debarred from
participating in the earnings of the road until these later guarantees are provided for. The singular part of it all is that this
guarantee of the stock and bonds of the Cincinnati & Baltimore and Baltimore Short Line Railroads should be required of
the Marietta & Cincinnati Railroad, itself in an insolvent
condition, while the Baltimore & Ohio Railroad, which reaps
the greatest advantage, is left without any responsibilitj'. The
large amount t>f Marietta & Cincinnati securities held by people
of all classes in Baltimore naturally makes them feel a deep
interest in the affairs of the road. The holdei-s of Marietta
& Cincinnati bonds had based their confidence upon the fact
that it was a part of the great through lice of the Baltimore &
—
$838,939
105,000
105,000
18,309
57,727
15,237
250—
full
Baltimore Sliort Line Railroail.- Messrs. John A. Hamble-
•
Atlautie & Paclllc stock iiuotatiou jn'mtiug
Atlantic & Paciflc Telegraph stock
Construction
•Cniglifs repeater
in
ton
$1,305,283
Expenses for the year 1878
Dividend No. 1, paid September 30
I>i vid(;nd No. 2. paid December 30
sum
$300,000.
$78,045
1,287,243
Total
"Net
the above
;
May
:
THK CHRONICLE.
3, 1870.]
453
Ohio, whiiHi> rpportM r«T>r('Heiit hhoIi Hiipot»»Hful results, hikOi Court givi«s the lessor companr nnt.il the flr>t of Jaiiiary next
larpo famines, and Hucn wnn(l<'rfiil artdifioiiH to Un Hiir}iliiM to make the adjustment and i:lassill(!ati(m of it<i bwded indebtfund, wpcrially as both road.i wimv virtually niana.'<p(l and ediKWH, as stipulated in the amended l«am, and in defaalt
(M>ntrolI(>d bv the sainc dinv'tors.
It was thoiiffht that tho
thereof the complainant has leave on that day to more for a
Marietta & ( 'iiKumiati road, l)eing a part of thifj great through de(!ree rescinding the coninvit of lea-te, and for a Hettlement of
lino to the Wo.st, would liave Hharod in Homo of thn profitH. acconntfl upon such term< a< may be equitable.
What were the
The disappointment, when tlie dofaiilt took plaiic, wai severely rightfl of mortgage bondholdern against the leswo cf)rp'>rAtl'm
felt.
It i.s .strange that the Baltimore & Ohio road by the help
and against the Pennsylvania Railroad Company, lndep?nd«nt
of the Marietta & Cincinnati road .should show such favorable of the question of rmnsion, the Court mid wai not involved in
rcHultK on opi^ratiuna that bankrupted the Marietta & Cincin- this ca-se, and no expression of opinir>M about it is made.
nati Railroad."
With regard to thn tima when the accrued rental, aminntinff
Contral Rallroiiil of Iowa.— A meeting of first mortgage now to more than $.'J,00(),000, should be paid by the le.^ioe, there
I)ondhulders of the Central Itailroad (!onipany of Iowa was held was no decisive expression of opinion, but, at the roquant at
counsel on both sides, Justice.Harlan announced that he wooU
at the olHce of the Kanners' Loan & Tru.st Company, on the
hear further argument on this point at Chicago on the second
24th inst. Among those presgnt were Russell Sage, V. D. Tapof
June next.
Fsn, James Biiel, .lohn J. (!rane, Frederick P. James, Rdwm
nie committee consisting of R. T. Wilson, Adrian helitt
arsons, Sumner R. Stone, N. A. Cowdrey, Frederick Leak,
and
Wm. Whitowright have called a meeting of flr8t-mortg«ge
James (jr. Johnson, Lennox Smith, and a repre.sentative of
IWorton, Bli.ss & Co.
A committee was appointed consisting of bondholders, to be held in New York, May 1.^, " for the pnrpoae
of uniting in such measures as under the recent desision of
Me.s.srs. Sage, Tappen and Parsons, of this City ; V. L. Ames,
of Boston ; Henry A. Jones, of Portland, Maine ; L. A. Crozier, Judge Harlan will be requisite for the due enforcement of the
of Philadelphia, and Sidney Shepherd, of New Haven to rights of the bondholders against the Pennsylvania Railroad
confer with the New York & Bjston committees, and endeavor (Jompany under the lease now adjudged to be valid, incltiding
to arrive at an amicable adjustment of the conflicting interests such a scaling down of the first mortgage bonds as will be
of the company's several classes of creditors. They were further neces-sary to reduce the absolute mortgage indebtedness to |)15,authorized and requested to "do any and all things which they 821,000, bearing 7 per cent interest, and proposing to the Hoetsad
mortgage bondholdera the exchange, under a fair and eqnitaUe
deem to be for the best interest*! of the bondholders."
—Subsequently the committees agreed that the foUowing- arrangement, of their bonds for income bonds now deposited in
lUimed gentlemen should be submitted as a Board of Directors trust, or taking the nece.s.sary measures for cutting off the second-mortgage bonds by foreclosure, if they do not agree to anch
to the United States Circuit Court at Des Moines, before which
arrangement."
tribunal the litigation against the road has been conducted
D. V. Rogers, of Utica"; Isaac M. Cate, of Baltimore; A. L.
Delaware & Ilndson Cunal.— A memorandum, dated April
Berdette, of Leominster, Mass. Charles Alexander, of Boston
15, from the London agent of the Scottish-Ariierican Investment
G. B. Taintor, Rus,sell Sa^e, Kdmund Parsoas, F. D. Tappen Company, Limited,
" I am this day in receipt of a comstates
and Jame,s Buel of New York ; Henry A. Jones, of Portland, parative statement from
the Secretary of the Delaware & HudOregon and fteorge Bliss of New Y'ork.
son Canal Company, showing that the earnings and expen-ses of
Chicago Milwankee & St. Panl.— In the United States the railroads owned and leased by his company for the month
Court at Milwaukee, Judge Druraraond rendered his decision in of February were as follows
the suit of Barnes vs. the Milwaukee & St. Paul Railway ComFel)., 1878.
Foh., lfJ79.
pany, the suit, on the claims or theory of the plaintiff, repre- Gross Ciiniings
S1271,75B
.$:J20.181
166,111
225,75.3
senting several millions of dollars. The technical decision was Espouses
that the first plea is sustained and that the second plea is overNet caraiiigg
$103,643
$94,428
ruled, complamant having thirty days in which to flle replica"Increase in gross eaming.s, .?48,425; decrea.se in net earnings*
tion to the first plea. The actual gist of the decision, as
reported by the Chicago Times, is that whatever bonds of the $11,217. For the same period the earnings and expenses of tlie
La Crosse & Milwankee Railroad Company were not exchanged Albany & Susquehanna Railroad (included in the above) were
as follows
for stock of the Milwaukee & Minnesota Railroad Company
—
—
—
:
;
;
:
;
at
Feb., 1878. Feb.. 1879.
the time of the foreclosure of the Barnes mortgage on the old
earn uigs
iJWiO.OlO
$!i3,«87
La Crosse & Milwaukee Railroad, in 1859, are protected by the Gross
Exi)ensc8
32,068
M,82S
Barnes mortgage under the decree of the Supreme C jurt, and
Net earuiugs
must now be paid by the Milwaukee & St. Paul Company. An
$27,651
$28,059
order of reference will issue to take proof to see what bonds
•'
Increase in gross earnings, $22,268; increase in net earnings.
were not surrendered. The amount of bonds not surrendered is
believed to be small, so that the suit, by the decision, is robbed
Grand Trnnk of Cnnadfi. A Chicago report says it is underof its vast importance in the amount of money represented.
The decision also sustains the plea that the Milwaukee & Min- stood that the Grand Trunk Railway lias finally decided apoa
neiiota Railway Company had been duly and legally organized ^"J extension to that city, and the new road will be completed
after the foreclosure of the mortgages against the La Croase & within a very few months. The exteasion will start from PonMilwaukee Railroad Company. The decision is regarded as a ^^^^' Mich., the present terminus of the air-line branch of the
Grand Trunk, and run to Lansing, a distance of 50 miles.
Tictory for the Milwaukee & St. Paul Railway Company.
f
Thence the line will be over the Peninsular or western branch
Chicago & Paeinc— This railroad was sold at auction May 1, of the Chicago & Lake Huron road to Valparaiso
From this
in Chicago, by the Master in Chancery, to John H. Wrenn, for point a road is to be constructed to Thornton, 111., 26 miles, where
$916,100. It is said that the property is really bought for John a connection is made with the Chicago & Southern already owned
I. Blair, Moses Taylor, and others, who propose to complete it
by the Grand Trunk, which reaches to Chicago. The Chicago
from Byron to Lanark, 32 miles.
& Southern has been reorganiied, and will be known as the
C<)lnmbn» Chlca?© & Iniliana Central— Pennsylvania Chicago & State Line Railroad, and the charter for its extension
Railroad.— The great railroad case of the Pittsburg Cincinnati to Valparaiso has been obtained, and work will soon commence.
—
!
.
&
St. Louis Railroad Company against the Columbus Chicago &
Indiana Central Railroad Company, which has been pending in
the United States Circuit Court for the District of Indiana smce
last Jul.r, has been decided by Justice Harlan. The case involved
the validity and construction of the lease made by the Pan
Handle road of the Columbus Chicago & Indiana Central road
from Columbus to Chicago. The lessee company and its guarantor, the Penn.sylvania Railroad Company, contended that the
lea.se was void under the laws of Indiana and Ohio, and also that
the les.sor company had not kept its covenant to arrange,
provide for, adjust and clas.sify its bonded indebtedness in
the mode and to the extent set out in the lease. The.y claimed
also that the lessee had been evicted by the decree in tide PuUan
case, ordering a sale of twenty-seven miles of the leased lines,
and by the foreclosure proceedings of Roosevelt & Fosdick,
tru.stees in the first consolidated mertgage.
Mr. Justice Harlan
held:
1. That the lease was not in contravention of the statutes of
Indiana or Ohio.
2. That neither the PuUan decree nor the proceedings in the
suit of Roosevelt and Fosdick constituted an eviction entitling
the lessee company to recision at this time of the contract of
lea.se.
3. That the covenant of the Iftssor company to arrange, provide for, adjust and classify their bonded indebtedness to the
extent agreed upon, was not a condition precedent to the performance of the lessee's covenant to pay the stipulated rent,
but it was a matter of substance, not of mere form. It was a
material part of the consideration of the covenant to pay rent,
and the les.see was entitled to have the les.sor's covenant
performed within a reasonable time, and that complainant was
entitled to a decree which should compel performance. The
Jersey City.— The Jersey City Board of Finance, at their
meeting Saturday night, concluded to issue ?100,000 of city
bonds, which, it is stated, are to be purchased by a capitalist, at
par. With the proceeds of this sale, and $50,000 cash on hand,
receipts for taxes and water rents, it is intended to meet the
May interest. Of the bond issue, $50,000 are to be water bonds,
and the remainder to be improvement bonds. They ai-e to run
for 30 years, and draw interest at 6 per cent. No provision has
been made, so far, for the temporary loans of $350,000; exeei>t
that the holders will let them stand as call loans, the interest
being paid. The salaries of city employes will probably remain
unpaid for the present.
Kansa<) Paclflc— At a meeting of the stockholders of the
Kansas Pacific Railroad Company, the following directors were
elected: Sidney Dillon, Jay Gould, F. L. Ames, Russell Sage,
Addison Cammack, G. M. Dodge, James R. Keene, C. S. Greeley
G. P. Usher, D. M. Edgerton. James M. Ham. At a subsequent
meeting of directors, the following officers were chosen: Sidner
Dillon, president; D. M. Edgerton, vice-president; James M.
Ham, treasurer; A. H. Caley, secretary, and J. P. Usher, general
solicitor.
Lafftvette
—
Mnnele & Rloomin^ton. A despatch from IndianThe deed for the Lafayette Aluncie &
apolis, Ind., April 28, .'aid: "
Bloomington Railroad was delivered to the purchasing bondholders this morning. A temporary organizaHon, to be called
the Muncie & State Line liailroad Company, will be made."
l^ng Island Ballroads.—The N. Y. Times of Friday report*.
" Yesterday considerable astonishment prevailed in several of
the Ivon^ Island villages over the non-arrival of the usual railroad trams, and it was not until late in the day that the canae
THE (JHRONIGLE.
454
The Lon^
Island Railroad Company, as the
and the Hempstead & New
York Railroad, abandoned the use of those roads on Wednesday
evening. The Central Road will not again be run over between
Hunter's Point and Hinsdale. The Hempstead Road, from Valley
Stream to Hempstead, will not again be used. This will leave a
number of settlements that have come into existence since the
railroads without any railroad communication, and shuts Hempstead off from Rockaway Beach altogether. The roads did not
became known.
lessees of the Central Railroad
pay.
—An order was made
Milwnnkee & Northern.
in the United
States Court at Milwaukee, April 28, upon the suit of Jesse
Hoyt, trustee, against the Milwaukee & Northern Railway,
appointing James C. Spencer recaiver of the railway company.
Montgomery & Eufaula. — This
railroad was sold at Montfor the benefit of its bondholders, by order
Court.
The
is 80 miles long, and was
States
road
of the United
bought by William M. Wadley. The principal competitor was
the Louisville & Nashville Railroad, which owns a large amount
of the bonds. The price paid in cash was $2,120,000. The
accrued interest and bonds aggregate over $1,900,000. The
entire bid of the pureha.ser has been paid.
gomery,
Ala.,
New York
May 1,
Bonds.— Proposals were opened
at the Compper cent consolidated stock of the
city of New York New York Bridge bonds, redeemable on and
after November, 1900, and payable on May 1, 1926. Nine bids
•were made for the entire lot at prices from 102 to 105'76 the
latter price being offered by the Emigrant Industrial Savings
Bank,
City
troller's office for 1500,000 five
—
Northern Paciflc.— Outstanding Northern Pacific first mortgage 7"30 bonds should be surrendered to the company in
eichange for its preferred stock, as the limit fixed by the committee is June 30, 1879, after which no exchange can be made.
—
Richmond & Allegheny. At an adjourned meeting of the
bondholders of the James River & Kanawha Canal Co., April 17,
a final agreement was entered into with the Richmond & Allegheny Railroad Company, and signed by bondholders representing about $350,000 of the first mortgage bonds.
The
agreement provides that for the first mortgage bonds 70 cents
shall be paid on the dollar of principal, and 70 cents on the
dollar of accrued interest. For the second mortgage bonds 30
cents on the dollar of principal,with four past due coupons
attached to each bond as a delivery. For the first mortgage
bonds of the Buchanan & Clifton Forge Railroad the same
price as for the mortgage bonds of the James River & Kanawha
Company. The railway company will give notes payable in
three years, bearing 6 per cent interest, payable semi-annually
in advance, secured by pledges on the water power, rents and
dockage receipts of the canal company.
Lonis & San Francisco.— The Public has the following
pertinent remarks on a subject that has attracted some attention
Wall street. " This week there has appeared a circular, without signature, in which some very remarkable statements are
made regarding the condition and finances of the St. Louis &
San Francisco Railroad. The fact that such statements are
circulated in print illustrates the extreme unwisdom of attempting to suppress information as to the doings of a corporation.
For if any one would correct any errors which the circular may
contain, and for that purpose seeks the annual report of the
company for the year 1878, now due for nearly four months, he
finds that the official report has not been published. It is said
in the circular, and on tne street, that the gross and net earnings of the company in 1878 were smaller by about $100,000
than those of 1877
but if the loss were even greater the company would have been more wise had it promptly issued its
St.
m
;
statement.
It is stated, too, that the earnings in 1879
thus far have been still smaller than those of 1878 to date.
But if so the company certainly gains nothing by concealing
the real amount of loss, and leavmg all parties mterested to
conjecture as they please."
official
St. Pnnl & Pnciflc— The St. Paul Pioneer- Press recently
reported that Judge Brill granted a decree of foreclosure
in favor of Edmund Rice, Horace Thompson
and John
S. Kennedy, trustees, plaintiffs, against the St. Paul & Paciflc
Railroad Company, and the First division of the St. Paul &
Paciflc Company and others, defendants, under a mortgage for
$1,200,000, covering the railroad from St. Paul to Sauk Rapids.
The amount adjudged due is about $1,500,000, which the railroad companies are required to pay within five days, and in
default thereof the railroad will be sold at auction to the highest
bidder. It is expected that the property will go to sale, and
that the purchasers will reorganize and form a new corporation,
and operate the road as provided in the statute of the State.
Judge Brill also granted a decree in favor of the same
plaintiffs, trustees, against the First Division company and
other defendants, under a mortgage for $3,000,000, covering
150 miles of the main-line road, extending from St. Anthony to
Morris. The amount of the decree is $2,016,975, which the
railroad company is required to pay within five days, and in
default thereof the road will be sold at public auction to the
highest bidder for cash to satisfy the decree. The road will
•undoubtedly go to eale, and the purchasers wUl form a new
corporation to operate this line of road also.
[Vet. XXVIll.
report to the Governor announcing that two-thirds of the State's
creditors would accept the proposition. Governor Marks has
issued a proclamation calling an election of the people to ratify
the proposition.
Union Paciflc, Cemtral Branch.— The Central Branch of
the Union Pacific Railroad has let the contract for building
three branches ; one from Cawker up the north fork of the
Solomon to Kerwin, Phelps County, a distance of 56 miles; one
from Cawker to Bulls City, Osborne County, a distance of about
40 miles, and an extension of the Scandia Branch from Scandia
to White Rock.
The completion of the Kerwin line wUl extend
the Central Branch to a point 263 miles west of Atchison,
through one of the richest regions of Kansas.
Union Telearaph Oompa«y.— The articles of incorporation
of this Telegraph Company have been filed in the County Clerk's
office and at the same time in the office of the Secretary of State»
at Albany. According to the New York Tribune report, " the
company is organized with a capital of $10,000,000 in shares of
$100. 'The corporators named are Jay Gould, of New York,
whose subscription is for 50,000 .shares ; David H. Bates, of New
York, and Charles A. Tinker, of Baltimore, Md., whose subscriptions are for 25,000 shares each.
By the terms of incorporation
the company is authorized to run lines through all the States
and many of the Territories.
" This enterprise is understood to be part of a vast scheme
that m&Y extend from the Atlantic to the Pacific Coast. The
nucleus in this State is the Central Union Telegraph Company,
which began operations about six months ago. l^ie charter of
this company has been bought recently by the organizers of the
present company. Work has been begun not only in this but
in other States, and the line from Boston to Baltimore is under
contract.
" The Central Union Company has a line completed through
this city to High Bridge, and is in actual operation from Syracuse to Oswego. From this city the poles have been distributed
along the route to Albany, and! are
position as far as Schenectady. The line extends from Albany to Buffalo, at which
point connection will be made with the West. The line of the
new company will be in operation to Chicago, by two independent routes, within three months. One of these routes will be by
m
way of the Albany and Buffalo hne, connecting at Buffalo
with the Canada hne. The other will be by the way of Baltimore and the present line of the Baltimore & Ohio Railroad.
In order to complete the proposed connections, it is necessary
for the new company to build lines to Baltimore and Oswego,
and from Chicago to Detroit. The line from Boston to this
city and from here to Baltimore is already under construction,
and will be completed, it is expected, within about ninety days.
Work was begun a week ago on the lines east and south of thi.s
the
city."
U. S. Trsasary Circular.— The following circular was issued
April 28:
Treasury Departmekt,
»
Washington, Aih-II 28, 1879. 5
of all offlrcrs of the United St-ites cliai'Kod with the sale
of refunding certiflcates Ih called to the manifest piirimse of the act of
Fell. 26, 1879, providliiR for the iBSueof such ccrtifloates, that they Bhall
be issued only to enable persons to invest small savings in Governnieut
securities. In the cireular of Aiiril 18 It was aimoiiucod that all the 4
per cent bonds offered for sale had been sold, and that these certificates
would bo resci-ved for sale in sums not to exceed $100 at one time. The
department is advised that, in consequence of the rise in the value of 4
per cent l)ond8, this intention of the law has been evaded in some places
for speculative purposes, with a view to the immediate conversion of the
ecrtincatcs in large sums into bonds for sale. Where such evasion is
manifest, or where any one person claims more than $100, either for
himself or others, the eertilleatcs will be refused, and the authority of
any designated depositor}' who fails to enforce this circular will be withdrawn, and commissions will not be allowed on sales made by him. Tho
Treasurer and Assistant Trcasiirers of the United States will be require<l
to stnctly observe this circular. Hereafter, commissions on sales will be
allowed at the rate of one-eighth of 1 per cent, .as heretofore, but only to
designated depositories for the sale of refunding certiti(5ates. When tho
average sales, however, are in excess of $10,000 per day and less than
$50,000, tho rates of conuuission on such excess shall be $1 per $1,000;
and when in excess of $.50,000 per day It shall be 50 cents per $1,000 on
the excess. Owing to the great pressure upon the department in the
issue of 4 per cent I)(»nds already subscribed for, and tho redemption of
calh'd 5-20 and 10-40 lionds, the conversion of refunding cortitleat^js Into
bonds will necessarily be postponed imtil on and after July 1, next.
The attention
John Siiehman,
Secretarj-.
—
Western Maryland. The funding certificates of the Western
Maryland Railroad have been printed and are now awaiting the
presentation of the overdue coupons of the firat mortgage bonds
paid by the city to January 1, 1879, and of the preferred second
mortgage bonds, including those to mature July 1 next. The
preamble setting forth the proposal of
the road to fund as per agreement, taid certiflcate to bear
interest at 6 per cent from J«ly 1, 1881. The overdue coupons
proposed to be funded are turned over, on the receipt of the
certificate, to the Safe Deposit Company, to be there placed in
escrow until January 1, 1890, when the certificate is to be
redeemed and the coupons taken from escrow and turned over
to the company. Those so desiring may receive new bonds in
place of the funding certificates. 'Ihe amount of coupons to be
funded is altogether $371,000, of which $239,000 belong to the
city of Baltimore, being the amount paid as endorser of the
firat mortgage bonds and that due and unpaid on the city's
investment in the preferred second mortgage bonds; tne
remainder, $133,000, belongs to individual second mortgage
bondholders. No ceremony is necessary in the trans-action, the
Trnnessee's Debt C< mproinis".— The committee appointed bondholder receiving his certiflcate of funding and the coupons
Tsy the Governor to go to New Yoik to secure the acceptance by so funded being locked up in the Safe Deposit Company vault
the Tennessee bondholder} of the 00 cents and 4 per cent inter- and receipted for by the cashier of that place. Baltimore
est ccmpromise, proposed by the Legislature, have made a OaztU*.
certificate contains the
—
h
...
May
8.
.
C(JM MERCuITePITOM R.
Friday Niairr.
May
2, 1879.
Wrt have liad bottor weathpr the past week, but at thin writa fall of snow i.t
ing tlie temiwraturo is unsoasonal)!/ cold
reporti'd from Ottawa, and the harbor of Buffalo is Htill encumbfred with heavy ice. In spite, however, of these drawbacks,
trade makes fair progress, and the position may be regarded as
generally much more favorable than at this season in recent
;
years.
The
a statement of the stocks of leading articles
of domestic and foreign merchandise at dates given
is
:
'
Ao
Tenncssoo, Ao
Cotfuo. Jiivu, 4ko.
HiiKnr
aiiRar
.SuRur
;
miita.
bhila.
97,005
39,407
65,873
44,302
27,010
675,000
2.119
0,225
15,000
252,000
170,370
30,094
2,314
4,959
8,700
4.100
41,093
10,000
0,390
35,500
37,910
2,316
M()lik<.s««,
forrlRn
Miibusse!!,
dumestlc
bbla
No.
Hldivi
Oottou
Kosin
biilos
bills.
bbls.
bbls.
Spirits tiirjHmtlne
Tar
Kloo, K.
Rli-o.
bags.
I
domestic
bbls.
and
tcs.
J.iiisiMil
bags.
8al t pc tro
bags
Juto
Jute liiitta
Manila lienip
Sisal
bales.
bales.
bales.
bales.
hemp
.57,949
23.428
00.605
28,178
12,837
680,000
2,299
8.918
25.000
207.900
191,580
34,084
2(i.6S2
13.728
1.871
33,704
271
3,147
3,000
135,000
104,064
23,612
2.502
1.876
3.100
3,050
20,593
7,000
4,905
31,665
25,531
3.700
1 ,900
120.800
7,300
4,150
18,200
39,320
],7ilO
390
63
738
686
7
Total since Sept.
1.
999
2,013
1878.
8,10.5
1.115
1,762
299
127
893
37
572
3,800
1,399
2,932
691
2,001
98
206
170
22,283
31,190
16,560
26.002
21,891
Ao
Total this week...
8.986
2.003
1,492
231
2.878
4.002
2,209
North Carolina
2,676
1,382
211
160
2,003
17
4,118
H
888
line
2,785
1,940
4,317,007 4,113,803 3,839,630 3.941,358 3,340,970
The
exports for the week ending this evening reach a total of
4-3,507 bales, of which 26,798 were to Great Britain, 4,480 to
France, and 11,339 to rest of the Continent, while the stocks as
made up this evening are now 3G8.781 bales. Below are the
stocks and exports for the week, and also for the corresponding
week of last season
EXPORTED TO—
Week
700
provision market has been alternately firm
0,477
1,495
1,744
15
7,712
Florida.
ending
Great
and weak at May 2.
times much irregularity and depression were noticeable, and at N. Orl'us
Mobile.
others, under the influences of a revival of speculation at the
Charl't'n
West, a better state of affairs would prevail. Generally speak- Savan'h
ing, however, the market has been in buyers' favor. To-day, Galv't'uold N. York
little or nothing was done, and prices were barely steady
Norfolkmess pork on the spot, $9@?9 12)6 new mess, $10 10@$10 1.5
May quoted at $10 20, and June $10 10@$10 30. Lard was Other*
weak at the close prime city on the spot sold at 6'17.56c.; do. Tot. this
week
western, 6-27>6@6-22^c.; May, 6-20c.; June, 6-25@6-22?6c.;
The
10.893
3,082
1,222
2,979
1,004
85
4,991
121
Iiidlanola,
Norfolk
City Point,
1876.
1877.
1878.
744
Cliarlcnton
24.358
21.706
n4,»2H
35,250
31.504
30,«»i3
1879.
6,195
1,006
24,744
29,912
bags.
b»KS.
Mobwlo
w'k at
Galveston
libds.
boxes.
bags, Ac.
bhds.
hhds.
tlila
OrleaiM
Mobile
09.11(1
Tobiuio, (loiufstlc
Colfi'c, Klo
Coffi'i'. ot her
forolKH
Rec'elpta
New
78,340
tP8.
biiles
l>bls.
l!J.8il.'i hales for the same period of 18;7.8, showing an incrcaaa
since September 1. 1878, of '.'03,201 bales. The (letails of the
receipts for tills week (aa per telegraph) and for the correapondtng
weeks of four previous years are as follows:
113..500
97.724
85.000
23,108
J'ork
1 jinl
TT O N.
4.1
Port Uoyal, Ac
1879.
April 1.
455
Fridat. p. M.. M»y 2. 1870.
Tub Movrmrxt of tiik Onor, as Indlcatnd bj our K!l«gr»ro»
from the South to-night. In given below. For the week nndioK
this evening (May S), the total receipt* have reachnd 23,283
bales, against 80.188 baleslut week, 40,ln7 bales the previou
week, and 44,K51 bales three weeks slncn; making the total
receipts since the Ist of September, 1878, 4.817.00. bales, agaioat
1878.
Miiy 1.
77.67H
1879.
Mi»y 1.
Tiilmi'i'o.
:
OO
(fvcrmmcvcial '^imcs.
following
:
THE CHRONICLK.
1819.]
jljhc
.
Britain.
Continent.
France.
this
Same
Week
Week.
1878.
Total
1879.
1878.
;
16,791
10,075
30,631
1,154'
1,154
715
2,759
;
;
3,765
7.248
29.134 111.748 154.4154
6,117
7,698 18,660
2.068
9,879
4,485
3,355 13,422
9.683
963 14,827 21,881
6,135 174,542 167,194
2.505
9,665 12.970
10,355 27,000 40,000
42,507
60,032 368,781 429,329
3,474
;
7,248
.
;
July, 6-30@(5-27?6c.; August, 6-40@6-35c.; refined for the continent, 6"57)6c. Bacon was lower; long clear, 4'95c.; long and
short do. here, 5e. Butter and cheese have declined, and have
only a small movement. Tallow is lower at G)4@6%c- for prime.
Rio coffee has receded to 13^c. on fair business, and though
on one or two days there was some activity, the market has been
generally quiet, and at the close the stock here is 72,532 bags
a moderate business in mild grades has been done at unchanged
prices late sales have embraced 4,400 bags Maracaibo, 5,000
mats Java, and 3,200 bags Costa Rica. Molas-ses has been in less
demand, and refining stock is now not quoted above 27^c., and
the bids generally under this figure; grocery grades remain
without quotable change. Rice has met with a pretty brisk
demand at firm and unchanged prices. Raw sugar has been
.finner at 6 3-16@6%c. for fair to good refining, with a better
demand. Refined sugars have sold more freely of late at firm
prices crushed, 8%c.
Tobacco has been more active for all grades, though the
movement Is still comparatively moderate. Sales of Kentucky
amount to 800 hhds., of which 300 for export and 500 for home
consumption. Prices are unchanged lugs quoted at 3@4^c.,
and leaf 5@12c. Seed leaf sold to the extent of 90O cases, as
;
;
;
26,798
Sept. 1. 1856,966 394,2721911.553 1162.791 3036,289
* Tho exports tlila week under the head of "other ports" Include, from Baltimore. 1.H4 bales to Liverpool from Boston, 5.787 bales to Liverpool; from
Philadelphia, 307 bales to Liverpool.
;
From
the foregoing statement it will be seen that, compared
with the corresponding week of last season, there is a decraue
in the exports this week of 18,135 bales, while the stocks to-night
are 00.548 bales less than they were at this time a year ago.
In addition to above exports, our telegrams to-night also give
us the following amounts of cotton on shipboard, not cleared, at
the ports named.
add also similar figures for New York,
which are prepared for our special iise by Messrs. Carey, Yale &
Lambert, 60 Beaver street
We
On Shipboard,
May
2,
at—
Liverpool.
New Orleans.
26.500
None.
Mobile
..
834
Other ports...
5.500
9,509
1.100
5,000
Ciiarieston.
Savannah
Galveston
New York
47.443
Total.
;
400 cases 1877, New England, 14@25c.; 250 cases 1877,
Pennsylvania, 12@22^c.; 250 cases 1878, New England, seconds
and filli»rs, private terms. Spanish tobacco in fair demand, with
sales of 555 bales Havana at 85o.@$l 10.
Ocean freight room has received moderate attention ; the supplies of tonnage, however, are plentiful, and the cause of much
Irregularity in rates, which for some time have been low and
almost unremunerative. To-day, rates were unsettled; grain to
Liverpool, by steam, 5/^d.; flour, 2s. l%d.; provisions, 25@30s.;
grain to London, by steam, through freight, 7d.; do. to Bordeaux or Antwerp, 4s. 7/6d. per qr.; do. to direct French port,
follows
:
48. 7/^d.; do. to
Hamburg,
43. 3d.;
refined petroleum to
Bremen,
the German Baltic,
43..1?^d.; Naphtha to Exmouth, 4s.; grain to Glasgow, 4s. 4)^d.
per qr. Naval stores have been rather quiet, and prices have
manifested little strength ; spirits turpentine closes at 29>^@30c.;
and common to good strained rosins, $1 35@$1 40. Petroleum
at the close was more active and steady, at S^SS'Mc.; sales
20,000 bbls. refined at these figures. American and Scotch pig
irons are quiet at the moment, but all prices are finnly sustained ; steel rails also very firm, with 9,000 tons sold, part at
the West, at $45@f47 j ingot copper in jobbing sale at 15Ji@
16c. for Lake. Whiskey quiet at $1 07.
28. 10>6d.; do. to
the continent,
3s.; do. to
11,229
4,430
Tot.slnoe
—for
not cleared
Other
France. Foreign
Coastwise.
I>eavlilg
Total.
Stock.
4.250
None.
None.
None.
None.
None.
COO
100
None.
2.475
None.
None.
1,500
60
107
500
None.
None.
None
None.
1,000
*3,3e0
6,000
6,198
6,463
7,422
6,318
171,182
30,665
4,250
3,135
3,207
60,235
308,498
31,450
1.500
3.416
6.000
8.509
80,2.50
amount there are 2,S00 t)ales at presses for foreign ports, the
destination of which we cannot learn.
following
The
is our usual table showing the movement of
cotton at all the ports from Sept. 1 to Apr. 35, the latest mail dates:
*
Included
in this
BKCEIPTS SBSCE
POBTS.
SEPT.
1878.
1
1877.
N.Orln8[ll45,225 1326.466
Mobile. 3,54.163! 399,712
Char'n* 508.991 448,841
Sav'h.. 689,103 .570,293
Galv,* "542.577 430,622
N. York 142.972 125.984
Florida
55,934
14.011
N, Car. 132.927 137,153
Norrk* 537.774 481,242
Other.. 185.058 148.283
fhlsyr. 4294,724
EXPORTED SINCE
SEPT, 1
TO—
1.
Stook.
Britain. France. Foreign
Total.
590,759 197,970 336,254il24,983|l30.397
56,000 35,583| 29,677| 121,260
7,453
145,029 57,140; 173,663' 375.837
9,263
191,815 23.646 231, ,523, 440,984 15,066
211.155 .59.478 04.010 334,643| 17,018
209,398 11,245 24,355 244.998 180,314
135
15.838
1.967
13,756
6.5.111
2,050 18,589
1,839
44,472
713
5.098 190.039 11.900
184.223
17,015 200.571' 24,500
183.556
1830.168 389.792 900.324 3120.284 397,755
1082,607 1386.018 457.119 632.520 2975 057 445 853
* Under tho heati of Chartexton Is included I'ort Royal, Ac: under tho head of
Oalvaton is included Indianola, Sk.; under tho head of litirjoU is Inoludetf City
Lastyr.
Point, Ao.
. ..
.. :
.
The market
for cotton on the spot h s beeji quite inactive the
past week, and yet such was the firmness of holders that prices
have advanced. Quota- ions were marked up ic. on Wednesday,
and again ^c. on Thursday, to ll|c.
Today, there ivas a
further advance of an irregular character; low grades were 3-16(S)
5-lOc. up; medium and better grades 1-I6((|ic. middling uplands
12c.; stained cottons were i'g^c. up, the latter for the lowest
;
The
speculation in futures has been quite fitful.
The
volume of business has been smaller, and yet at times the market
has been quite excited. The course of prices has been as erratic
and apparently inconsistent with dominant inHuences as last week,
and yet on the whole the tendency has been upward, especially
since Saturday last, when the market opened quite depressed.
Moudav was quite weak at the opening, in sympathy with Liverpool advices; but speculation revived, and the close was slightly
dearer.
Tuesday responded but partially to strong foreign accounts, but on Wednesday and Thursday there were decided advances, not, however, without wide fluctuations, the improvement being most decided for this crop. Advices from the South
almost uniformly indicate the planting of an increased area to cotton, and this, with the return of better weather there, gives a check
to speculation for the next crop. To-day, there was a further advance, with some excitement on strong repor s f rom Liverpool and
the South; but values wtre ir.egular, and tlie close unsettled.The total sales for forward delivery for the week are 635,900
bales, including
free on board.
For immediate delivery the
total sales foot up this week 3,"i93 bales, including
for export,
3,303 for consumption, 390 for speculation, and
in transit.
Of
the above,
bales were to arrive.
The following tables show
the official quotations and sales for each day of the past week:
—
UPLANDS.
ITIou Tne«
April 26 to
May
Sat.
2.
NEW
ORLEANS.
Sat.
I?Ion
O'd Ord
Midd-f
Btr.L'wMid
Middling...
Btr.
111 16
115,6
ll'io
115,8
III3
11=8
Good Mid
12
Btr. G'd Mid I2I4
Mldd'g Fair 1278
F»ir
1378
Low
UI2
ll-'>8
12
12 14
12^8
.
1378
12
I2I4
1278
13'8
1218
1238
13
14
\red Th. Frt.
Wed
101,6
107,6
101c
1078
11'4
103,8
106,6
111,6
111-2
}1^8
1
0^diu'y.^l^
Strict Ord.
Gowl Ord..
Btr. O'd Ord
Low Midd'e
Btr.L'wMid
Middling...
3ood Mid..
G'd
.Mid
ttidd'g Fair
Fair
103,6
109,6
1015,, ll'l6
113,8 116,6
117,6 110,6
U-^J
11%
11% 1178
I2I4
1218
1238
12^!
I3I8
13
I4I8
14
1111,0 119,6
1178
11%
12
1178
125,6 I2I4
I2I2
l'-'9l6
I3I4
13%
I4I4
14%
STAINED.
11%
11%
1218
1238
13
14
IIV
11%
117,6
117,6
117,6
11 •''8
11
-'"s
11 -8
11%
11%
11%
1218
1238
1218
1238
1218
13
14
13
14
1218
1238
13
U^
Th,
To
11-8
12
1218
127,6
12
1238
12=8
I3I4
14 '4
1211,16
1338
1438
..
.
,
3,700..
4,600
.
2,900.
..
l-3-i'4
1,21)0.
...
.
7,:00....
12,200....
.
2,41)0.
.
.
.
.
..
6,700
'•'^""
2,100
"
.
Juno
.
July..
AllKiist
lO-'-'s
Scpt'b'r
October
1138
1158
IU3„
11%
1178
12
Dec'ber
Jau'ry
1178
1214
12
12%
Tr. Old.
V2^
1238
1208
127,6
l'-ill,f
113%
'14%
13 14
14 '4
1338
1438
Th
Nov'lier
.
Closed.
.
Tburs
Q't, st'dy, ig iulv.
FH.
Quiet, rev. quo..
3,202
Dellv-
o
,
Sales,
ei-ieg.
300
COO
400
200
89,400
70
407 1 0(!.GOO
512 95.100
1,474 137,000
500
390
3,.'>92 (J05,!)00
2,900
For forward delivery the sales have reached during the week
middling or on the basis of middling), and the
following is a ttatement of the sa'es and prices
:
nWO
100
1300
11-7?
11-78
1,000
B.D. 1 t
lOilf.D.Sd.
11-50
11-80
11-62
TOO
800
t.o.
St.
1,800
780
,ii-e«
,n-70
seo
11-71
.ii-;2
MO.
.11
-M
lOOs.-.Sd. 11 ;.i
1,400
.11-75
lOOs.n.Jl 11-76
800. ...;..
3,100.
3oao.
I
ll-8i|
I
4,5-))
200.
.
..
900
...11-93
.11-94
11-05
1,401.
2.800
1,700
900
3
l'.-S8
.11-89
11 -no
Os.n.Sth 11-91
800
300
11-92
.11-9:1
100 8.11 3d. ll-W
lOOs.n.Slh 1108
100 -.".•th 1198
11-90
3,800
1,000
laoo
5, 00
1,1 OJ
.
4,«00....
1,900 ....
1,300.
For Jnn"
!oo""
11-77
11-78.
..
11-96
11-97
..
1198
..,12-(K)
12-01
...12-0^
..
...1203
700
500
2,300.
3,000.
5,100.
..
.
1215
..
.
.
.
.
12-07
.
12-OH
.. ri-09
..,12 10
..
.
...1211
..
.
..
.
...12-l-.i
...12-i:i
..,.l'-'-0«
....12-07
12-03
100
..12-17
5,400
..
12 09
4800
...1219
1205
1
u-u
f,500.
12 15
3,200
1-16
12-14
..
1099
1100
700
11 01
1,900
1,900
11-02
11-Oa
-89
1'
16 900
10-94
10-95
10-96
10-0
10-o7
For
Ja:;Dary.
10-93
10-97
11-07
400
100
100
601
I
|
-18 pi. to excli.
500 .May rcrjuj..
For Dny.
Closing
Tuesday.
Fimier.
Closing
—
—
1
For
Diiy.
I
Closing.
Low. ma. Ask
11-81-11-75
11-82-11-75 11-74 75
11-80-11 •75.
12-00-11-91 11-92 93
12-16 12-07'l2-08 09
12-31-12-22112-23
12-00-11 -901 11 -91
ll-41-ll-3lill-34 3.''>
ll-O'2-lO 95110-95 96
Hipk.
—
—
—
—
—
—
11-00-10-9010-90 92
10-97-
—
I
— —
11-75
Barely eteady.
Buoyant.
For Day,
Closinf;
.
.
B.n.
Low.
J^iff'i.
11 -88-1 1-80 11-80
11-82 11-81
October
Nov'ber
Dec'ber
Jau'ry
Htgli.
—
Low.
Clo8in<:
For Day.*
Bid. ylAt
llioh.
Low.
Closiug.
Bid.
Atk
1214 12-19
—
—
12-31 12-36
37
H-92- 11-83 11-91 92 12 00 Ill99 1201
11
11-84
12-05-H-95 11-96
1209 11 99 12-07
12-25
12-21-121lll2-12 13
12-15 12-24
12-39- 12-28 12-38
12 36-12-'25 12-26
12-04- 11 '97 12-02
12-03-1 1-92 11-93
11-43-11-3.'-) 11 -S.'i 36 11-45- 11-9) 11-41
11-05-10-97 10-96 97 11-05 ll-Ol 11 01
1100-10-93 1001 92 1100- 10-96 10-97
-Jl-
11-98
08 12-20
12-36
12-50
12-10
—
—
—
11-97
12 44
12-06
42 11-50- 11-44
02 11-10 11-05
98 11-03- 11 00
12 49 50
1209
—
11-49 50
11-10 11
11
03 04
11-07- 11-0-
.
11-80
11-95
12-05
Barely steml.v.
Finn.
Firm.
• To 2 P. M.
Thb Vi8iBi,E Supply of Cotton, as made up by cable and
telegraph, is as follows.
The Continental stocks are the figures
of last Saturday, but the totals for Great Britain ard the afloat
for the Continent are this week's returns, and consequently
brought down to Thursday evening; hence, to make the totals
the complete figures for to-night (May 2), we add the item of
exports from the United States, including in it the exports of
onl.
Closed.
,
Friday only
1879.
Stock at Liverpool
Stock at London
1878.
1877.
1876.
635.000
54,000
887,000 1,124,000 1,025.000
11,750
44,500
02,564
Stock
Slock
Stock
Stock
Stock
Stock
Stock
Stock
Stock
Great Britain stock
at Havre
at MarseilleB
at B.ircelona
.
689,000
160 2,i0
2,000
898.750 l,168..50O 1,087,564
238,750
2 17,2.50
193.750
5,750
4,250
6.750
66 OOO
34,000
87,500
15 000
15 250
7,500
43,000
69.500
53,750
49,500
68,000
59,250
12,000
11.000
17.230
7.500
6,750
18,750
23,7,50
14,500
17,500
at Hamburg
at Bremen
at AmRterdam
at Kotterdam
at Antwerp
at other conti'ntal pons.
1 000
4 500
26 750
43 750
4
4,750
3.750
10,000
..
.
2800
12-1>
...12-20
.. 12-21
.
..12
22
1800
...1
12-19
7,000
..12-26
900.
..
.
..
Total continental ports
296,750
421,750
472,250
460,750
Total European BtoekB.. .. 9S5,7.')0 1,320.500 l,640,7.iO 1,557,314
211.000
India cotton afloat for Europe. 216,000
301,000
210,000
Amer'n cotton aflo.itforEur'pe 403.000 490,030 304,000 451,000
Egypt,Brazil,&c,,afltlorE'r'pe
15.000
21,000
32,000
53,000
429,3'29
Stock in United States ports .. 363,781
545,415
492.389
Stock in U. 8. interior ports.. .
48,662
46,495
65,480
63.702
100
United States exports to-day..
6,000
7,000
5,000
12--,«
..
5.700. . .... 12-17
7,200.... . .. 1218
2,200
1.400
4,501)
1-i-Ofl
..
3,000
9,100
6,700
3,200
....
...
3,600
900
12 02
12-04
1000
4S,900
..
1203
3,100
11,800
6,400
3600
... U-98
..,11-99
la-00
12-01
. ..
....
2,100
2,900
.
..
.
...n-ii9
•',700..
.11-06
11-97
4,7(W
4,700
S.iOO
3.400
..
e-K)
....
... ...
.... ....
..
..
..
200
... ...
11 84
..
..
...ll-i'5
1,00-.
7,500.
8.D. iBt 11-67
wo.
2700
1
..
1,000
1,300
3000.
100
1st ll-f9
11-92
1180
,ll-63
,H-6-<
2,600
1,200
7,80,1.
for .Iulc.
Tot,al
For J aly.
300
1,^00.
l.'-OO
8,800
SOOa.n.
3,»00
11 91
1
20OB.D.5ttl. ,11-87
11-87
1,900
11-67
11-68
11-9!J
1000....
11-80
200
500
I
136.500
11-85
1,100
,Bt
3,700
7000.
1.200
,11 -»6
11-84
11-65
.
2600
....11-81
.. .11-82
11-83
... ... .11-84
... ... .11-85
.11-86
.
...
11-87
...
....11-88
...11-89
...
3,400. ...
Cts.
...12-20
ll-M
1300
,11-86
3CX)a.
....
Bales.
100
S!,000
«K>
I.MIO
300
Ct8.
11-79
..
n-70
if.ol
400 B.-. iFt, 11-Sl
lOOs.n.Jd 1181
SOO-.D. d.. 11 81
11 -81
700
1,«00
afito.
I
Baled.
3.500
4,800
,11-79
100
,11-83
300 .'.D.M.. 11-84
600
ll-?4
For May.
I
i
100
600
100
1,900
TJKO
1
10-91
10-92
10-93
10-95
10-86
10-D7
10-98
100
1.100
'IV.
«9.5,90J bales (all
Bales.
Cts.
100 r.n. -Bt 11-77
10-89
Friday.
. .
401
10-(-8
Fii-mcr.
June. ..
July
August.
14K 90,100
650 81,100
1,474
Total
11-77
11-80
IX-Bl
Mfy
Bid. A.Ik
SALES OF SPOT AND TRANSIT.
225
95
1000
Frt.
eALE8.
148
400
SO
lO-M
Low. Sill. Am fl'ffh. Loip. Did. Aik
11-U9-11-00 ll-0(i07 11-67-11-58 11-72 73
11-71-11-G2 11-08
11-72-11-59 11-73
11-69-1 1-67
11-90-11-81 11-87 88 11-91-11-77 11 90
12-00-11-98 1203 04 12-08-11-91 1207 08
12-21-12-13 12-18 19 12-2'2-12-09 2-22 23
11-89-11-82 11-80
11-90-11-711 11-9091
11-30-1 1-24 11 -'.•0 27 11-33-11-18 11-32 33
10-93-10-87 10-91 92 11-95-11-91 10-96 97
10-88-10-86 10-85 86 10-90-10-84 10-91 92
10-93-10-93
11-70
11 73
Steady
Finn.
Sept'b'i
425
300
407
442
10-84
10-80
Thursday.
"
.
I
100
30'
800
200
Firmer.
May
Bat.. Dull
1
IVednesday.
lilt,,
Mon .'Dull
Taes Quiet
Wed Quiet at % iidv'co
For Deeeib**-.
Market.
11^16
,
1,-00....
Futures
11016
Con- Spec- Tran- _ ^
Bump. ul't'n Bit. Total.
1107
IIOH
...ll-O'
11-10
.
16,0C0
10-90
10-91
10-HJ
—
.
.
B.n
11 14
I
1'
Variable.
117,6
I
,
11-19
10-f8
400
100
200
200
500
100
900
300
900
inoiida}'.
11%
U-75
For Octobe-.
1118
'200
Lower.
ll'i*
»00.
r,!-io
10-.17
Sa(arda)'.
11
port.
I
irber.
000
Market.
11
WOO..
r2-(.ul
1,-100.
iOO
200
11-00
2,4-0
11-40
11-41
11-42
11-41
11-44
11-45
11-40
11-47
11-4S
11-49
11-50
Futures
116,6
•
3 000
4;,300
11-34
11-35
the past week.
11
ll6l«
Ex-
1
12-86
l-;4l
li-45
12-43
i'lJ
'.00 .... ...
I
For Xov
l-i-07|
-...
. .
iOO
100
ll-:-3
46.900
12-081
..K-"9
1,000...
11-32
,
02
...11-03
11-04
.. 11 05
.
1.300
will show the lange of prices paid for futures,
the closing bid and asked, at 3 o'clock P. M., on each day in
LowMlddliiic
Middling
eOO
460
780
300
ll-Ol
1!
..
300
I
11-00
..
...
1,500.
800
1201
12-02
12 03
1204
1206
0.
.
The following exchanges have been made during the week:
1034
SrOT MARKET
CLOSED.
200
],0')0
.
300.
1,200
09
5
I
1200
,..l-i-.S5
..12-38
.
1,3
11-98
11-26
11-37
11-3S
11-89
6
3,.'>0O
ll-i;7
Cts.
....10-98
10-98
.
...1-36
.
500
"00
11-96
'200
3,400
.
,
<i
3,(1
II
...
3.700.
11-9!
400.
.1181
.
S.'^OO
11-91
11-95
..
700
600
2,l«XI
3;00
12 32
12-,«
.
..12 34
1
,191
2,400
.
.12-37
11%
8W.
12-30
..12-31
6,300.
200.
10%
11-61
11-61
ll'«^
11-64
11-87
11-68
12 27
12-28
1,600....
10 14
100.
180.
12-2-1
'200
1193
2,4(0
3,500
2,000
5,200
3.800
..12-29
.
1'200. ..
7,000....
4,100....
9,700...
2,800
-25
,.1
.
10%
U-S8
1.5(10
3,iK)0
.
4 100...
10,300. ..
10=8
aw.
100
500
l'J-18
2,500
3,000
1,100
;00.
.
10
Cts.
1.200.
12 16
12-17
li-ly
1.200
101a
April.
2,7:0.,
I'i21
...12-22
B,'2O0
5,900.,..
lOia
For
2 900.
i-i-ai
-.
700..
1,200.
11-87
11-88
11-89
ll-EO
.
..
800..
n-8i
11-6
.
5,900.,.
10
Bales.
..
.
ii-;o
11-80
Bales.
1,700
6<.K.
.11-29
11-30
2,000
.11-85
1213
..
1.600.
1,900.
7,400...
4,100..
1,700...
lOifl
HARKBT AND
..
],-.^oo...
2,100
12-11
10
.'» B)
....11-27
....11- 8
I
U-k5
..
Vi-.i
12-11
12-15
400...
For Day.
Good Ordinary
Good Ordinary.
700
11-S3
11-81
1210
4,300
..11 20
....11-24
1,800
1,000
1,400
500.
1,900
l-.i-09
..
Btrlct
-
isr.soo
ngus-.
1111,,
Idou Toes \red
;
400
For
100
.
For September.
900.,.,
3,000
.
Cts.
;oo...
000...
3,600. .
1,200.,.
4<XI...,
117,6
Sat.
1,000.
112,400
May
1011,, 11
113,11
5,1(10.
Bales.
.12-48
12-49
.12-50
.
.
April
Frl.
105,8
.
//;(?*.
13
14
Fri. W^ed Th.
103,6
109,6
111,6
11^16
lfllll3,6 11»16
I.
..•4-JA
..12-31
12-35
.-12-36
cts
.U-17
2.3
leiKX)..
12 32
.
For Day.
I2;i8
14
105,6 10=8
1011,6 11
113,6 11138
117,8 ll.'>8
5,80
Bale.«.
...12-31
The following
i?3:- 113,6 113,6 113,6 113,6 113,6
117,6
Cts.
1,40,'..
3.X00...
2,100..,
6,100..,
0,000..
Taen and
Sat. jnon.
111,6
11^16
III3
11=8
117,6
Bales.
XX VIII.'
[Vol.
•18 p,i. to excli. 200
TEXAS.
Taes
Ordln'y.VB) 915,6 915,8 915,6 101,8 :oi,6 101,6 101,6 101,0 101,6
Strict Ord.. 105,6 105,6 105,8 107,8 107,6 107j8 107,6
107,6 107,6
Good Ord.. 10ii,6 1013,6 1013,6
10l',6 10l4,„ 1010,6 1016,6 1015,6
Btr.
..
THE (mRONICi^E.
456
grade.
:
12-^S
-24
Total visible supply
Of the above, the
totals of
2,039.293 2.524,324 :;,S93,645 2.870,405
American and other descrlpcions are aa
follo-wB
Ameriean—
Liverpool stock
Continental Blocks
American
afloat-for Europe....
United States stock
514,000
253,000
405,000
368,781
602,000
370,000
490,000
429,329
727,000
397,000
304,000
545,415
629,000
308,000
451,000
492,389
.
May
THE (H HONK
8, 1870.J
1870.
UnUwI
S'fttod Interior nlockii..
liMliiy..
100
UnltuU Statoa hximjiIh
1H77.
1870
40,495
0,000
05.480
7.000
05,702
5,000
X2I.0O0
54.000
43,7.50
810,000
15,000
Ac
225.000
11,730
51,750
211,000
21,000
307,000
300.000
44,ft0<)
02.504
10 1. 7.10
month
75,2.50
301 .(XM)
32.000
24tl.O<K)
53 .(MM)
440.730 520..1(M) 840.7.50 010,314
1,580,543 3,003,824 2,045.80o 1,051,001
2,030.203 2,524.324 2.805,045 2,870.405
Total vIMblo niiin))/.
6»8il.
S'gl.
0>9d.
PrioeMld. Upl.. Uverpool....
6»i)\.
These Hgiires indicate a diiereaM in the cotton in sight to-night
of 4t)5,0iit bales as compared witii the same date of IHTH. a
iMrease of 830,853 bales as compared with the corresponding date
of 1877, and a deereane of 831,112 bales as compared with 1J76.
At thk Intbriok Pouts the movement— that is the receipts
and shipments for the week, and stocks to-night, and for the
corresponding
statement:
week
of
1878— is
set out in detail
m
the following
Becelpts Sblpm'ts
240
2, '70.
Week endluK May
Stock.
Beoelpta Shipm'ta Stock
5.181
4.289
1,008
2.863
1 .252
475
214
58
511
423
2.698
3, '78.
757
535
463
3,82a
MashviUe.Teuu..
2.130
156
702
31.397
2,672
601
6.855
4,573
2,141
0,193
1,804
23,032
1,897
Total, old porta.
3,953
7,370
48,662
4.712
11.913
46,495
133
300
265
65
583
101
125
550
933
513
691
AoiniBta. Oa.
Coliinibiio.
..
3U
Oa..
Maoon, Ua
MontK<i">ery> Ala
Sohua, Ala
Mempbls. Teuu..
VickBlHirjf,
MiHS
1.008
437
347
34
875
188
70.S
452
l.OOl
Oln
7,933
363
_i
—
Dallas, Texas
Jefferson, Tex..
Bhrevejiort, I-a
124
SO
009
838
20
230
.
..
.
Ck>lnnjbu8, Misa..
EufaiUa, Ala
Oa
Atlanta. Ga
Rome, Ga
•
2,164
030
209
834
223
8--J2
80
38»>
2.50
14
Grlffln,
4,386
201
Charlotte, N.C...
Bt. Louis, Mo.
Cincinnati, O..
195
190
247
3,294
4,393
Total, new p'rts
Total, all
451
800
8(M)
1.230
2,730
1,148
359
175
1,200
21
T5
7
419
17
421
266
275
163
129
752
438
217
•2,523
6S6
656
4,681
3,713
13.814
8,016
1,901
3.733
4.73S
4.746
11.397
6,563
10,732
15,722
30,300
8,015
14,438
29.055
14.6^5
2;l,292
78.902
12.737
26.349
75.530
2,099
I
863
290
show that the old interior stocks have
decreased during the week 3,017 bales, and are to-night 2.167
The receipts at the
bales 7nure than at tlie same period last year.
same towns have been 789 bales less than tlie same week last
The above
totals
ye»r.
—
Receipts from the Pl.^ntatioxs. The following table is
prepared for the purpose of indicating the actual movement each
week from the plantations. Receipts at the oiit ports are sometimes misleading, as they are made up more laiwely one year
We reach,
than another, at the expense of the interior stocks.
therefore, a safer conclusion through a comparative statement
like the following:
RECEIPTS FROM PLANTATIONS.
Week
endingJan.
'»
"
"
"
Feb. 7
' 14
"
••
Mar
"
••
••
Apr
••
••
Receipts at the Ports. Stock at Inter'r Ports Rec'pts from Plant 'ns
1877.
1878.
1879.
1877.
1877.
1878,
115.868 163.755 143,155 249.905 253, 239 281,634
101.132 142,000 121.091 223.007 236,,293 233,647
115.015 I5:i,r27 113,613 214,057 237.;,380 233,2:W
109.447 194,059 148,640 195,082
,013 218,585
138.374 159,180 167,097 182,240
,4»4 220.933
140.006 1S7,13S 171,608 179,260
,708 214,117
3
10
17
24
81
120,720 120,090 150,841 174.977 233,,103
8S.06S 109,738 1»4,32« 173,478 226.,685
68.615 94.349 110.04 173,17h;210,,935
S0,742 90.M' 83,260 109,291 jlW ,485
44.837 88.264 78.490 165,747 160,',63<)
81
88
T
14
81
38.366
30,397
26,287
21,183
18,010
88,611
16,960
28
4
U
18
— We
8.'), and lowest 0.1.
There has been a rainfall during the
of eighty-seven hundredths of an inch.
Corn:ana, Texa*. There has been a shower on one day during
the week, the rainfall reaching twenty-two hundredths of an Inch.
Crops are prosperous since the recent rains. 'I'ho thermometer
has averaged 71, the highest being 80 and the lowest 5r>. Wehavn
had a rainfall of eleven inches and fifty seven liundredllm during
April. Last week's telegram wasa.s follows: it rained on twodays.
a deluge. Much damage was done by water everywhere, and
many casualties are report d.
he thermometer bad ranged from
4G t 8), averaging iiH.
The rainfall, which was unprajcdent«d,
reached nine inches and seventy hundredths.
Dallas, Texas.— }t has rained on one day the past week, »
shower, the rainfall reaching twenty hundredths of an inch.
and cotton-planting is about finished.
('roi)S are doing well,
highest
75.723
65.470
58,886
60,202 l.W,041
60,698 151,190
54,28:) 140,649
51..39I 44.851 133,36:1
89,016 40,137 123,411
38,836 36,183 117,074
31,1061 22,2f3 107,514
1878.
1879.
108,770 157,118 130,508
'4,234 125,153
106,065 154,814
93,101
93,202
90,4ra 168,692 133,997
125,532 16I,66' 169,447
l;)7,032 133,.352 164,790
190,705 116.431 12.486 127,489
182,246 86,569 lo:i,3l^ 125,809
170,438 68,315 7,s,59i. 98,2:»
165,019 48,8.55 72,47-< 78,447
159.418
40,993
141,612
24.660 52,740
23,555 50,012
15.737 48,082
1,053
,795 131,463
1,991
116,879
69,4:!,"
1,633 107.005i
l:i.897
1,979
13,05h| 20,302
1,142
91,966j
87,294!
.,550
T8,9«2'
7.0801 17.604
40,0,33
72,280
42,396
50,549
39,699
34,977
23.148
31.511
13,f51
—
I
>
Average thermometer
highest 80 and lowest i.ll. The rainfall
eleven inches and fifty hundredths.
week's
telegram
was
as follows: Rain fell here on two
Last
overwhelming
an
flood,
and much damage is believed to
days,
have been done. Flehls were washed, streams overflowed, railroads submor^ed »nd bridges destroyed —most disastrous flood
ever known in this region. Cannot ascertain extent of damago
The thermometer ha^ averaged CO, the highest being 83
yet.
and the lowest 40.
Brenham, Texas. —There has been no rainfall during the week.
The recent rains have done great goo<l. and crops are growing
fast.
Average thermometer 74, highest 84 and 'lowest 01. The
rainfall during April has reached seven inches and s xty-five hiin
Last week's telegram was as follows:
dredths.
have had
rain here on two days, the hardest ever known, with a rainfall
of seven inches and twenty hundredths Much damage wasdone,
many streams and rivers rising twenty feet in one night. Uplands
are mainly benefitted, but the lowlands will suffer.
Roads aio
impassable, and cannot ascertain much as yet. Average thermometer 71, highest 81 and lowest 04.
New Orleans, Louisiana. There has bdbn no rainfall the past
week. The thermometer has averaged 71. The rainfall for the
month of April is seven inches and twenty hundredths.
The weather here has been very
Shreveport, Louisiana.
pleasant and roads are in good condition. The thermometer has
averaged 72, the highest l)eing 83 and the lowest 01. The rsinfall for the week is fifty hundredths of an inch.
Vicksburg, Missi.iippi.
The weather during the past we«k
for the
Week en41ng May
467
I.E.
inch and Morontyflvo hundredths.
In the upcountry rain hut
been excessive, and It has been very stormy. Average tiiermom
eter 70, highost 78, and lowest 57.
IndianoTa, Tezcu.
have had wanii, dry weather tliii past
week, and are neixling rain liadiv
Avi-rago tlii;rinomfler 74,
.1,580,54:1 2,003.824 2.045,805 1.051,001
Totjil Amnrlriin
Bo»( I lid iiiii, Kraxil, <#«.—
l.lvorpm.l »t<i<k
IahhIdii hUm'K
(VmtliicnlalBtookii
India utioiit for Kunuw
KKj-pt, Hrazll, &o.,afli>»t
Tofjil East Indln.
IXttuI AuiorU-aii
lS-8.
month
71,
of April
'
is
We
—
—
lias
—
—
—
been too cold.
Columbus, Mississippi. Telegram not received.
Little lioek, Arkansas.
1 here have been but few clear days
the past week, and more rain has fallen than was needed,
though no harm done so
Average thermometer 01,
far.
It
is
now
clear
and pleasant.
highest 80, and lowest 48.
Tha
rainfall for the week is four inches and twenty two hundredths,
and for the month five inches and sixty-nine hundredths.
Crop prospects were never better, both for grain and cotton.
It has rained during the week on three
Nashville, Tennessee.
days, the rainfall reaching forty-eight hundreiiths of an inch.
The thermometer has averaged 0(5, the highest being 83, and the
lowest 48.
Memphis, Tennessee. Rain has fallen on five days of the week,
to a depth of one inch and seventy-eight hundredths. Planting
is about completed in this neighborhcod, and much is up and
looking well. The weather has been too cold, the thermometer
ranging from 53 to 81, averaging 05.
It has rained severely two days, the rainMotnle. Alabama.
fall reaching one inch and eighty hundredths, but the balance of
the week has been pleasant. Planting is progressing, and the
crop is developing finely. Average thermometer 71, highest 86,
and lowest 58. Curing the past mouth we have had six and
forty-two hundredths inches of rain.
Montgomery, Alabama. No rain has fallen during the week.
The thermometer has averaged 71, the highest being 87, and the
lowest 5S. The rainfall for the month of April is four inches
and tifty-two hundredths.
have had a slight rain during the week
Selma, Alabama.
on one day. The days have been warm, but the nights hKve
—
—
—
—
— We
been cold.
Madison, Florida. We have had rain on one day, but the rest
of the week has been pleasant. The thermometer has averaged
—
The above statement shows
The days have been
08, the highest being 81, and the lowest 55.
1. That the total receipts from the plantations since Sept 1 in warm, but the nights have been cold.
Planting in this vicinity
were
bales;
1873-9
4,390,317
in 18?7-8 were 4,17i,S71 bales; in
is about completed.
187(v7 were 3,909,438 bales.
Macon, Georgia. Rain has fallen during the week on two
2. That although the receipts at the out ports the past week
The thermometer has averaged 70.
days.
were 2i.383 bales, 'he actual movement from plantations was
Columbus, Georgia.— It has rained severely two days during the
only 13.951 bales, the balance being drawn from stocks at tlie week, the rainfall reaching one inch and ninety hundredths.
Last year the receipts from the plantations for the The thermometer has averaged 7.5.
Interior pors.
We have had a rainfall ot
game week were 17.004 bales, and for 1877 they were 7,020 bales.
one inch and eighty hundredtlis during the month of April.
Wbathkr Reports by Telegraph. The weather this week
Savannah, Oeorgia. —Rain has fallen on two days, to a depth of
ha3 in general been very favorable for tlie development of cot- twenty-five hundredths of an inch, but the rest of the week has
he rains in Texas last week appear not to have been par- been pleasant. The thermometer has ranged from 03 to 88,
ton
ticularly injurious to the crop.
averaging 72.
Ualventon, Tei^u.
The weather daring the week has been
Augusta, Oeorgia. The earlier part of the week we had
and
dry,
the
thermometer
warm
averaging 74, and ranging from heavy and general rain, the rainfall reaching ninety-five hun62 to 81. 'I he lecent rains, though too hard and doing some dredths of an inch, but the latter portion has been clear and
damage, have been of immense benefit. The rainfall (or the pleasant. Planting is making good progress. Average ihecpast month is two inches and fifty-two hundredths.
Last week's mometer 08, hif^hest 85, and lowest 58. 'ihe rainfall for the
telegram, which was received too late for publication, read as month of April aggregates five inches and fifty-three hunfollows: 'Ihe longdes red rain has come at last throughout the dredths.
State, ram having fallen here on four days, to a deptli of one
Charleston, South Carolina.— "^ « hare had light rains during
"
Mar
88
2
13,304
32,019
—
—
—
'I
—
—
V
(
.
.
—
.
the week on two days. The thermometer has averaged 73, the
extreme range having been 62 to 80.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3 o'clock
1879.
1.
We
give last year's figures (May
1878) for
2,
comparison:
May
May 2/78.
1, '79.
Feet. Inch.
Feet. Inch.
4
4
4
7
Below high-water mark
29
11
4
Above low-water mark.. 17
Memphis
12
10
Above lew- water mark.. 12
Nashville
9
1
16
6
Above low-water mark.
BUreveport
39
9
3
Above low-water mark... 33
Vloksbure
until
below
high-water
mark
of
1871
reported
New Orleans
Sept. 9, 1»74, when the zero of gauge was changed to high-watei
marli of April 15 and 16, 1874, which is 6-lOths of a foot above
1871, or 10 feet above low-water mark at that point.
New
.
:
THE CHRONICLE
458
May
.
Orleans
.
[Vol-
XXVllL
This statement shows that the receipts since Sept. 1 up tonow 310,38'> bales more than they were to the same
month in 1878, and 476,ti47 bales more than they
were to the same day of the month in 1877. We add to the last
table the percentages of total port receipts which had been
received May 3 in each of the years named.
to-night are
day of the
—
L.vst Week.
We regret extremely
through an incorrect reading of one word received by cable, a
Very serious error was made in our visible supply stitement of
The error was not dis overed until Monday, when we
last week
immediately notified our Cotton Exchange and the corrections
were posted there. The defect was in the American afloat for
all Europe, the correct total being 486,000 bales, instead of 583,000 as given, making the completed statement as follows
1879.
1878.
1377.
1876.
American—
Error invisible Sdpplt
that,
:
COMPABATIVB PoRT RBCBIPTS AND DAILY CROP MOVBMENT.
of the port movement by weeks is not accurs.te,
A comparison
as the weeks in different years do not end on the same day of ilie
We have consequently added to our other standing
month.
tables a daily ami moutUly statement, that the reader may coustantly have before him the data for seeing the exact relative
movement for the years named. First we give the receipts at
each port each day of the week ending to-niKbt.
PORT RECEIPTS PISOM SATDRDAT, APRIL 26, '79, TO FRIDAY, MAY 2, '79.
D'ys
New
Mo-
Or-
Fri.
1,288
506
332
102
132
277
267
Tot..
5,19.3
1,666
Bat..
373
Mon
1,031
Taes
854
Wed
1,480
Thur
1
bile.
we'k leans.
164
Char- Savan- Galestou. nah. vost'n.
52
2,979
1,004
3,800
744
97
19
Monthly
Sept'mb'r
October.
Novemb'r
Decemb'r
January
.
February.
.
..
1878.
288,848
689,264
779,237
893,664
618,727
566,824
303,955
167,459
1877.
93,491
578,533
822,493
900,119
689,610
472,054
340,525
197,965
All
other 9.
49 9
989
700
321
564
3
4
31
50
28
....
3,64
116 6,77 9
Total
2,563
4,026
3,270
3,395
2,575
6,454
22,283
since Se pt. 1 has been a8 follows:
Year Beginnln 5 Septemb er
Receipts.
.
ton.
227
444
217
631
966
513
374
440
The movement e ach montU
March
AprU..
ming-
folk.
438
477
834
743
586
722
108
77
151
68
72
268
Wil-
Nor-
1876.
236,868
675,260
901,392
787,769
500,680
449,686
182,937
100,194
1875.
169,077
610,316
740,116
821,177
637,067
479,801
300,128
163,593
1874.
133,1598
1873.
115,255
355,3-23
576,103
811,668
702,168
482,688
332,703
173,986
Tot.Ap.30 4,307,978 4,099,790 3,834,786 3,921,275 3,319,082 3,549,891
Pero'tage of tot. port
receipts April 30.
94-96
93-56
94-91
93-31
1877-78.
1876-77.
1875-76.
1874-75.
1873-74.
Tot.Mr.31 4,110,519 3,901,825 3,734,592 3,757.682 3,185,484 3,3-5,908
4,503
Apr. 1....
S.
8,735
11,214
9.393
15,764
" 2....
5,311
8.
5,976
5,570
9,831
6,901
" 3....
6,78.s
5,160
6,277
15,839
8,003
6,610
" 4....
8.
4,836
ll,23t
5,114
7,094
7,629
^ 5....
8.
3,083
9,576
8,578
5,491
14,158
" 6....
4,915
8,487
12,987
S.
4,483
5,^17
" 7....
3,164
S.'ZOl
8.
10,114
6,045
10,317
" 8....
8.
7,6.14
9,222
6,441
11,515
4,485
" 9....
5,973
7,.i23
5,310
9,724
8.
0,812
" 10....
4,406
6,86-J
5,319
5,842
9,790
10,675
"11....
4,48-1
4,729
6,138
8.
5,637
7,649
" 12....
2,347
6,639
10,101
8.
6,885
9,816
2,641
"13....
5,112
9,347
8.
6,299
0,189
" 14....
2,794
6,987
6,008
6,527
8,031
S.
8.
4,78-.i
"15....
3,285
6,847
6,566
7,629
5,19M
5,136
8.
6,371
"16....
5,707
4,918
" 17....
6,759
6,974
4.350
2,579
2,983
6,484
8.
5,231
5,721
"18....
9,106
4,910
4,682
« 19....
4,698
6,077
8.
4,423
1,561
7,987
2,865
3,469
7,991
"20....
S.
2,724
5,557
" 21....
6,473
3,897
4,007
10,014
4,995
8.
" 22....
3,714
8.
2,843
5,672
6,243
9,09l.
4,94(i
8.
" 23....
3,426
3,821
5,923
4,541
" 24....
2,327
8,378
5,078
3,075
3,512
4,646
" 25....
4,547
8.
7,402
6,471
3,346
7,450
3,592
4,643
8.
" 26....
3,064
2,563
11,269
" 27....
3,93.'
3,478
5,735
2,680
B.
5,519
5,181
4,375
6,394
1.502
"28....
4,026
S.
" 29 ...
2,956
3,141
3,972
S.
3,270
7,474
3,097
4,447
3,301
4.190
4,640
"30....
3,395
T*!
4,099,790 3,834,786 3,921,275 3,319.082 3,549.894
4,399
3,097
4,145
2,013
2,501
8.
4,976
3,561
3,551
2,707
6,451
Apr.30 4,307,97
May
1....
"
2....
Europe
500
377,000
328,000
573.426
72.187
4,000
620,000
304,000
468,000
533.521
70,7.'b9
3,000
bale8.1,671,613 2,021,423 2,109,613 1,999,280
Total American
East Indian, Brazil, <tc.
222.000
129,000
390.000
401.000
Liverpool stock
13.2.-)0
46.2.30
55.750
65,2.50
Loudon stock
34,750
55,500
71.250
158.000
Continental stocks
194,000
196,000
229.000
246,000
India alloat for Europe
•.;0,000
2i,000
34,000
51,000
Egypt, Brazil, &c., afloat
—
Total East India,
Total American
&0
433..500
,508.7.50
770..500
921.250'
1,671,613 2,021.42:1-2,109.613 1,999,280-
2,103,113 2.530.173 2.880.113 2.920,530-
Total visible supply
According to tuese figures, the decrease in cotton in sight
April 25 would be 425,000 bales compared with the same date of
1878, and 775,(jO0 bales compared with the corresponding date of
1877, and 815,417 bales as compared with 1870.
Bombay Suipments. — According to our cable
dispatcli receivedthere have been 5,000 bales shipped fr.>m Bombay toGreat Britain the past week and 25,000 bales lo the Coulinent
while the receip-s at Bombay durins; this week have been 44,000'
Th,"i movement since the Ixt of Imuiry is as follows.
bales.
These figures are brought down to Thursday. May 1.
Bhipmenta
this
Brit'n.
week
This
<;ontl-
lO""- Britain.
nent.
Total.
nent.
5.000 25,000 30,000 114,000 163.000
1879
1878
Receipts.
8liipinent.s sinc^^.Ian. 1.
Great
Great Conti-
6,000 16,000 22,000 19 4,000,264,000
1877110,0(10 38,000 48,000 236,000 232.000
Week.
277.000 44.000
458,000 36.000
468,000 58.000
Since
Jan. 1«
442,000572,000'
702,000
the forego ng it would appear that, compared with lastthere has been an increase of 8,00) bales in the weeK'ashipments from Bombay to Europe, and that the total movementsince January 1 shows a decrease in shipments of 181, 000 bales,,
compared with the corresponding period of 1878.
GoNNY Bags, Bagging, &c.— Bagging has been rather quiet
during the past week, and we do not hear ot any round lot»
being taken, though a fair demand is reported for small parcels.
The feeling is about steady, with holders quoting 8K§l0c., according to quality. Butts h'<ve been in full supply during the
past month, the arrivals being heavy, and these parcels going
into manufacture somewhat lessened the demand, but there has
Early in the
iieen enough inquiry to maintain a steady market.
month, a lot of 2,000 bales was sold ex ship at 2c. cash, since
little
change
to
be
noted, and
which time there has been but
holders are still quoting 24-@2 7-iUc., tlie latter for prime spinning butts. Futures have been in good request, and transactions
have taken place to the extent of 3,0liO ales of good bagging
quality, at 2 3-lC@i|c., with holders quoting these liguns at the
From
year,
94 34
This statement showa that up to April 30 the receipts at the
ports this year were 208,183 bales more than in 1877 and 473,19-.i
bales more than at the same time in 1876. By adding to the
above totals to April 30 the daily receipts since that time, we
Bhall be able to rii-ach an exact comparison of the moveicent
Cur the diSerent years.
1878-79.
afloat to
United States stock
United States interior stocks.
United States exports April 25
75.1,000
lo.day,
1.
134,376
536,968
676,295
759,036
444,052
383,324
251,433
American
640,000
344.000
533.000
445,757
53.666
3,000
477,000
258,000
486,000
397.834
52,279
Liverpool stock
Continental stocks
2,57.
4,317,00-, 4,106,642 3,840,360 3,927,923 3,321,583 3,539,269
Total
Percentag e ol tot)'
91-98
93-56
94-50
95-10
93-72
pt. rec'i)ts MllV 2
i
close.
The Exports of Cotton
from
New York
week show a
this
decrease, as compared with last week, the total reaching 3,474
B;low wrt give our usual
bales, against 5,764 bales last w.-ek.
table showii g the txpirts of cotton from New York, aud their
direction, for rach ot the last four weeks; also th« lotal exports
aud direction since Sept. 1, 1878. and in the last column the t-jtal
for ihe same pKriod of the previous year.
ExpoR-rsoF Cotton (bales) from New York since Sept. 1, 1878.
Week
Exported to—
AprU
9.
5,212
Liverpool
Other British
poi-ts
eiuling-
30.
2,759 207,345 275,.521
2,063
4,812|
5,764
I
Total to Great BRn-AiN 5,212 4,898
I
.5,764
I
2,759,212,157 '277,584
715
393
Havre
115
3,138
2,200
13,708
2,202
2,335
17,594
4,957
10,182
150 2,379
18,745
32,733
150
Hainbui-g
Other ports
Spain, Op'rto, Gibralt'r,
All other
179
5,610
&c
5,610
Total Spain, &c.
Grand total
5,023
11,960
715
393
Total French
Total to North. Eorope
11,860
100
Other French ports
Bremen and Hanover.
Same
Total to period
date, previ'us
year.
April
23.
16.
4,898
......|
.
I
I
AprU AprU
i.302
7,6 :0
5,7(!4'
3,474 218,472
!,398
I
Mav
,
:
.
:
THE (milONlCLK
3, IS79.]
following aro the reC4iptii ot oottnn at New York, Boatnn,
and Ualtimura fur the |>Mt waok, and »liicu Sepiein
berl, ia78.
459
The
i'hiladi'lpliia
New
KaeolpU
ftom—
Baltimore.
I
|
I
I
"27
208
111,H.V2
HnTiiniiuh
iJi'ii i;ii,8«3
1,100
Mi>l>ilii ...
KiDlillH ..
S.Curoliiia
N.Car'Iinii
.tfl4
8!>,.'i81
Hin
yx.ftOS
tiOl i;ii),()03
14.t
«,50«
Vlrtfiniii.
Niirili.p'tH
'IVnii., Ac.
793 43,048
18,148
;ti»i
2.41!) Ill
2,209, 00, ,805
u.aiu
7
12,412 812,217il0,941
r.a«tyoar. Il,01i2;822,673|
BuippiSQ News.
36 13,099
546 51,388
27
100
40
143,0(!8
- •
Tilts yoar.
3,040
a 17 21,630
,100
yM
3()4,0i)9j
5,.'S07 300,.'i70l
1,401 53,572
21,000
1,375 147,570
1,618 79,0.S2
1,384 (13.0241 2,360 134,293
—The
exports of rotton from the United
States the past week, as per latest mail returns, have reached
43,039 bales. So far as the Southern ports are concerned, these
are the same exports rep irted by telegraph, and published in
Tub CmiONrci.B. Inst Friday. With regnrd to New York, we
include the manlfrstg of all vessels cleurod up to Wednesday
night of this week.
IJvorpool. per steamers Erin, 610
l!»7....CiiMiiiinilc, .''>77. .. .per ship Nartfell, 1,34.'>
AprU
18.
Total stock
Of
American
week
wliicli
Aettiat
2,7,59
To
llavro, jicr steamer Frani'C, 715
715
Oili.KANS— To LtveriMiol, per steamers Gaiipcs, 2,425
Tcutunln. 4,298. ..Chancellor. 1,283.... Aglii Sofia, 5,105
....IMjrshlpHUnion, 2,734. ...Orient, 0,872
22,717
To Crou.stiult, per ship Bui-nnak, 3,214
per bark ArtlUerlet,
1.701
4,945
To Barcelona, per steamer Martinique, 473
473
To Vera <.'ni7., p*^^ steamer City of Mexico. 912
912
'Honii.K To I.ivcrjwol, per bark On^soeiit, 2,017
2,017
lUiAKi.KSTON— To Bremen, imt burk Mcrcur, (aiUlltlonal) 95
Uiiland
95
To Itoval, per bark Iria, 1,775 Upland
1,775
To Bariioloua. jicr bark Aiitonieta, 1 ,200 Upland
1,200
Bai.t1.mokk To Ijverpool, per Btcamci"s Peruvian, 481 and 50
Ilibcruian, 547
1,078
liUKH 8ea iHland
Boston— To IJverixKil, i)cr eteamera Victoria, 3,426
Samaiia,
300. ..Mtmorc, 150
3,876
Pun..\x>Ei.i"HiA— To Liverpool, per steamers Ix)rd Cllve, 350
Naples, 17
307
AprU
2S.
export
—
—
.
42,929
The
particulars of these shipments, arranged in our usual form,
are as follows:
LiverBreCron- Barcc- Vera
p(H)l. Havre, men. Reval. stadt. lona.
Cniz. Total.
NewYork
2.7:>9
715
3,474
NewOrriw
22,717
4,945
473 912 29,047
Mobile....^
2,017
2,017
CharlestonT
95 1,775 .... 1,200 ....
3,070
Baltimore
1,078
1,078
Boston
3,876
3,876
Philadelphia
367
367
32,814
Total
715
05 1,775 4,945 1,673
have
Hay 3
Satttrd'y.
Spot.
Market,
12:30 P.M.
Monday. Toead^, Wedn'tdy Thniad'y FrMar.
Inq. Bas'r, and
freely
fr'ctlon'ly Uardeo'R.
)
supplied.
\
Mid. Upi'ds
Mid. Ori'ns.
O'lS
6^
7,000
1,000
8,000
1,000
6N
IS.OOO
4,000
8,000
1,000
Firmer,
more buy.
at
Int.
Firm.
Active
and
tiulet,
firmer.
steady.
quo.
14.000
3.000
but
strong.
Strong.
Satdbday.
Delivery.
April
d.
Delivery.
I
June-July
611.13
May-June, eag-iljj-s, , July-Aug
|
d.
Delivery.
Aug.-Sept
6i'i3j
May-Jtue
6II33
Delivery.
I
6833
Apr.-May
eSja
May-June.. ..65is®»33
June-July
July-Aug.
Ang,-Sept
I
May-June
Jiily-Aug
Aug,-Sept
...(>ii:(2*°is
.
.
ti-J8-133,^3g
(
as follows:
Fri.
Delivery.
1
C'ls
6I4
6'*
61I32
6I332
April
I
July-Aug
fi»s
April
«»3I
6»3a
6»32
April-May
May-June
Scpt.-Oct.
,
67ig®lS3a
Tuesday.
Delivery.
Delivery.
6II33
6II32
April
Apr,-May
May-June
June-July
July-Ang
Aug.-Sept
Apr.-May
6%
e'lg
Aug.-Sept
April
6'.3
Apr,-May
6i.1,3.j
May -June
67, g
6'3o2
yi^ss
Ang.-Sept
fila
Miiy-June
June-July
61733
Sept.-Oct
6'a®i''32
8ept.-Oct
April
6%
Delivery.
June-July
61132®% July-Aug
0»i6®i'',32
July-Aug
6I333
6I632
Sept.-Oct
6»,8
67ig
6I73J
6»8
BI733
Oot-Nov
Wedxesdat.
Delivery.
Delivery.
61632-'3-l''32
April
April-May
May -June.
..
June-July
July-Aug
Aug.-Sept..
Sept.-Oct
.
June-July
ul»32® "a
6I632®'3
Sept.-Oct
6'3ai''33
6»i«
June-July
Delivery.
69>e
62I32
May-June
6"32®9i9
61932
July-Aug
6=8
Aug.-Sept ,.62i33®iljg
Sept.-Oct
611ig
.6i»32®'8
6=8
May-June
S^jj
June-July
July-Aug
Aug.-Sept
6"»33
6213a
(JSjig
Sept.-Oct,.. 62332a)l"u
Shipment.
Oct.-Nov, sail
6=h
Thcbsday.
Delivery.
Delivery,
May
fii'sa
St. Tliomas in distrPMs, has been condemned, and was to have been
sold by auction April 21.
Nautilcs. brig (CSer.), from Porto Cabello, which pnt Into Bermnda
April 6 ,•»« before reported), remained 24th, taking in a cargo of
damaged cotton ex-stoamcr Lartington ( Br.), from Savannah for
Reval ( before reported wrecked), and would sail for New York in a
few days.
March 5th. The Swedish brigimtine Fanny Aurora,' from Wilmington,
which arrived at Quc^nstown April 11, reports that on March 5
picked up a bale of cotton without marks or numbers. In lat. 32 N..
Ion. 72 W.
d.
6%
e^n
Monday.
Delivery.
April
May
Wednes. Thurs.
12,000
3,000
actual sales of futures at Liverpool, for the same week, are given
below, TlicHc sales are on the basis of Uplands, Ix>w Middling clause,
unless otherwise stated.
6II18
(Br.), from New Orleans for Liverpool,
reported, aiTived at QueeiKStown April 16 with a heavy
port and shoit of coal. She proceeded.
GAIIOK.S, steamer (Br.), Baker, from New Orleans for Liverpool, put Into
Key West April 27 to repair machinery. She sailed again on the
29th having repaired.
LAtrniioTON, steamer ( Br). See brig Nautilus (Ger.) below.
ROBiNU, steamer ( Br.) Jones, fromNew Orleans, which went asliore at
Vargoc, got off and reached Reval April 13.
Mabcia Grkknijcaf, ship, Bunker, from New Orleans for Keval, pnt
into Quceustown April 24 leiUclug ten inches per hour. A diver had
been niigaged to tlud the leak.
Maet E. Ri(;(is, Bhip (1,277 tons, of Bath, Maine), I.Angdou, from New
OrloaiiH with a cjvrgo of 4,942 bales of cotton. April 1 6, for Bremen,
went ashore April 21 on French Reef, (Bahamas) and bilged.
Wreckers left Key West April 24 for her assistance.
AsaSTASia, hark ( Span.), from Savannah for Ferrol, before reported at
Tues.
6ll,a
Tuturet.
Market,
5 I-. M.
Delivery.
Sept.-Oct
61733
61733-0,,
62I32
May-Jime
May-June
July-Aug
|
Mon.
6»i«
i
Sales
Spec. iSceip.
Sept.-Oct
carrying cotton from
CriT OP LiMKRicK, stciuuer
week have been
Strong.
OS,,
«»1S
list to
to date of disasters to yessels
United States ports, etc.
Satnr.
Bnof-aat.
cheaper.
6 as
Market,
5 V. M.
912 42,929
news received
CcTttou freights the past
11.000
59,000
4,000
10,000
635,000
514,000
104,000
97.000
4,000
251.000
IVlJOOO
Mod.
before
all
74,000
l>ecu as follows
6i73o®is May-June
61732® ^l June-July
June-July 6»ig-i»32-0io Aug.-Sept
July-Aug. 61933-68-l»32 May
Aug.-Sept.6llig-J»32-i>B Jane-July
Below we give
fi.OOO
46,000
4,000
9.000
S4U,000
442,000
21,000
14.000
7,000
336.000
267.000
se.ooo
6X>00
42,000
3.000
7.000
606.000
477.000
100.000
77,000
6.000
313,000
310,000
immint afloat
Of which American
The tone of the Liverpool market for spots and future*, oaeh day of
the week ciKlIng May 2, and the daily closing prices of spot cotton,
.
Total
01,000
The
.\lgerla,
Nkw
.
10.
00,000
H.OOO
30,000
4,000
0,000
587,000
475,000
70.000
S9,000
5,000
264,000
217,000
or which ex|mrtera took ....
or wlilch speculators took..
Total bales.
Nhw YoKK—To
bale*.
Of which Amerieau
11»,878
ait
Sales of the week
Kiirwardofl
Sales A iiierican
Total Import of the
840
,223
7,8tlO, iy.'5,20.'5
ToxiM
i'urulK"
Philadelphia.
Boaton.
York.
Since This
Till*
Since
This
Since
This
8iuoe
week. Sept. 1. week. Sept. 1. week. Sept.l. week. Sept. 1.
N. Orl'iuiH
AprU
-
I
July-Aug
I
Aug.-Sept
I
Aug.-Sept
Shipment.
6»ig
6i»33
608
61ii»
I
6233t
6»ig
6213a
6*331
Sept.-Oct., saU....63»
Fbidat.
Delivery.
May
May-June
Delivery.
e^s
..6''8-*l32-°8
62333
July-Aug
6^
Jnue-July ..62i33®Uij Aug.-Sept
July-Ang
62=33 Sept.-Oct
Aug.-Sept
65i®2633 May
Scpt.-Oct
Oct,-Nov
May
May -June
June-July
July-Aug.
BR£
|
DeHvtry.
Aug. -.Sept.. 627338113,,
Sept.-Oct
613,6
6i3ig|
6ii,g|
6i:is
(iHs'i»32
I
May-June
62633
6»8
63I33
62I33
I
June-July
May -June
6".ia
02333 a, :ij
Juue-July.6%-2632-i3,g
July.-Aug
627,3
Aug.-Sept..., 6»732®7g
Sept.-Oct
678**»3a
62»33®13,g Oct.-Nov... 6*ia3®iiig
I
. .
A O S T IT F F 8
.
Fbiday, p. M., May 2, 1879.
The flour market has been moderately active the past week,
with rather more steadiness to prices. The demand has been
fair for export. West India shippers buying freely and giving
strength to medium extras from winter wheat, and fair extras
from spring wheat. There has also been a fair home tradeSouth American buyers have bought more freely of Southern
flours.
To-day, there was a firm and partially dearer market,
with a good business done.
..®l4 ....®>4
Uverpool, steam d. ....®>4 ....®>4 ....®l4 ....®>4
sail,, d. 3u®''32 3l6®f32 'l«®''32 »18®''32 Sie®'!)*
do
3l6®''3S
Havre, steam
c. ....®»8* ....®Bb* ....®'»8 ....®»8* ....'SiH'
....®v
The wheat market has been more active, and prices show
some improvement. The comparatively small receipts at tha
West for some time, the unfavorable weather for the spring sow....®>3 ....®>fl ....®'a ....®>s ....Wis
"a®*!, ing in many important localities, and the gradual reduction of
lOgjalj "32® « 16333.13
stocks, have encotiraged speculation. There has also been a
53a®'* 1633®!,
*»18®'^ 918®% *»18®»8
Yesterday, the business was large,
brisk export demand.
....®»a ....®>9 ...."aiH ....®ia ....®'4
embracing No. 1 white f 1 11(@1 \\%, spot and May, and |1 \\%
....®»8 .-..®"8 ....®»B
....®1>8
@1 12^ for June No. 2 red winter ?1 13?^@1 14, spot and May,
....®... ....®... ....®... ....®.
....®...
for June j No. 2 amber $1 12 on spot and for
-...®7i, ....®7lg ....®7ie ....®7ie ....^a>^u and $1 14@1
....®... ....9... ....®... ....®... ........
May and June ; spring nearly nominal. To-day, there was a
.
do sail
c.
Bremen, steam, .c.
do
sail
c.
Hamburg, steam c.
sall...c.
do
Amst'd'm, steam e.
do
sail .. e.
.
Kaltic,
do
.ia®»,e
IB^j^lj
•»ig®<>8
....®ia
....®...
steam
d. ....«n,g
sail
d.
;
.
Compressed.
LivKRPOOi.. By cable from Liverpool, we have the following
Statement of the week's sales, stocks, &c., at that port
•
—
0%
general improvement. No. 2 spring selling at f 1 03 on the spot
and $1 00^ for June No. 2 red winter was }iQ*/ifi. higher, but
No. 1 white only blightly aivauced.
;
.
.
THE CHKONICLE.
460
Indian corn materially improved early in the week, No. 2
mixed going at 43/4@44e. steamer do., i^Mc; and No. 3 at
42@42^c.; but the market has latterly weakened, under free
offerings on Western account. Yesterday, at the reduction,
tiere was a pretty brisk business, including No. 2 mixed 43%c.,
spot and May, and 43%@44c. for June steamer mixed, 42/i@
and No. 3, 41^c. on the
43c. on the spot, and 42^c. for June
;
;
;
spot
;
No. 2 white, 47c. Southern corn continues in limTo-day, the market was a shade firmer, but with-
also.
ited supply.
out decided advance, and quiet.
Rye has shown a hardening tendency, after a material decline, which took place early m the week, with No. 2 Western
The
selling in large quantities at 56/6@57c.
close
is
dull.
Barley is nearly nominal.
Oats have further advanced, with an upward tendency ; yesterday, No. 2 mixed sold for June delivery at 33%e. To-day,
the market was quiet, with No. 2 graded closing at 33c. for
mixed, and 34>^c. for white.
The following
are cloBiag quotations
Grain.
Floor.
No. S
^ bbl. $2 40® 3 03 Wbeat-No.3 spriug.bash to »13
No. 2 spring
1 oia
Soperflne State & West:
ern
3
3
Extra State, Ac
Western
Rejected spring
Kert winter No. 2
ei4
5
City ehipping extras
fiontberu bakers' and fa-
3
1
...
white
do
HVi®
..1
..1
1
No,
2,
new
. .
...
i 20
yellow Souttiern new.
ao@
250
bO®
5 75
3 00
5 00
white Southern new.
Rye Western
4 r5^ (1 fO
4 OOix 4 C"i
2 853 3 s!0
2 loa 2 :»
extras.
flour, superfine
Com meal— Western, &c.
Com meal— Br wine. &c.
W%
13X4
...
«
4K
48
44^
46
—
Canada
—Mixed
White
Barley— Canada SVest
State, 4 rowed
..
13
44
State and
State, 2 rowed.-.
1
42^
Oats
mily brr.nds
1
llJi@l 11/,
mixed.
W®
3
tras
No.
Corn— West'n
1
7tia
.
White
do XX and XXX..
Minnesota patents
Sonthemsbipp'g
«')
3 65® H E5
4 iil)& S 75
XXX
do winter shipping
Rye
3
3 sO
wheat
spring
exlrns
do XX and
20a
70®
92
0^
78
15
55®
67
tiom
32.3
uy,
31
33
34^
...
a
....
....
....a
...
2 50ai 2 55 Peas— Canada boud&free
754 »2
and river ports for the week ending April 20,
1879, and from Jan. 1 to April 20, and from Au2. 1 to April 20
Receipts at lake
FUor,
Wheat,
bhis.
At—
bu»'h.
Chicago
Mllwankee.
Toledo
.
Detroit
BLLonis
Peoria
Oats,
bush.
Barley,
(32 lbs.'
(48 lbs.)
(5b Ibs.l
37,785
824,032
27t:,':.57
37, COS
lt,7,neo
6 ,52i
15,39 J
1B2.S15
5-.',fl5B
150
(1.0
6J9
1U3,.^57
2,549
24.110
2,325
3.ti(iO
4
Cleveluud
Corn,
bu-h.
lbs)
i70 2)9
(ISUIbs.)
1S9,783
6.0 )«
IBl.B'.O
4i:,',45
10,5<i0
241,030
89-,?87
858,14)
1.824.6:8
10,9^2
87.778
bush.
15,380
11,872
Kyc,
but<b,
(66 lb".)
10,558
4,455
4*2
si
1
450
90.987
8f,?(0
6,2U)
19,794
9,000
661,96)
356,717
fi5,4H
«s,364
75,984
41,8.6
5Jli,414
7.1,827
411,434
96,193
8i,Uti2
4-,(>12
17,t.0D
2.-!,0-.l
3i,L00
Oalnth
KS,7 9
Total
Previonsweek
123,814
Corresp'ng week,'78. 110.149
«?,0;6
Oorresp'nn week,'77.
Tot.Jan.lto Apr. 2i.2.014,4l8
I,!ill,li9
Same time 187S
I,.315,3v5
8ame time 1877
1,589.202
tS«me time 187ti
TotAng.ltoApr,23.4,8.''8 974
Bametitnd
18"i7-a..
.4.i8J,53i
l,155,i-96
435,7'Jj
1,160.4.14
I,ti65,3«l
1,9S1,E08
17,786.824 23,242,793
P, 57,4."3 23,4T9,2i2
.S225,;;0I 20,'8',868
lO.MO.'-iJ I9,092,5;u
7,144,014 I,9!l 2S6
914,698
6,312.521 3..302,a;6 1,213.011
4,£07,265 1.807.717
673.519
5,665,701 2 3:6,4;0
369,479
73,874,9
6.3,313,193 23.104,104 8 953.0-'2 3,871,041
012,743 5'<,5')S,843 I8,7.M,1'78 S,7»1.6i.ti 3.219.83:?
M
Same time 1876 7....4 C09.017 34,618.866 .V',3-i5.7'>!) ]5,5M,C5> 7.873,367 2,511,001
Same timt 1375-6... 8,395,105 5J,6j?,5lb 39,591,248 20,318,881 7 033,068 I,6',9,329
Shipments of flour and grain from WeBtern lake and river
ports from Jan, 1 to April 20 for four years.
Wneat,
Com,
Oat",
Bar ey,
Flour,
Rye.
Jan.
1
to Apr. 26
»ametiraelb78
bbls.
bush.
ba^h.
2.181.115 11477,8.18 13.637 393
1,909,683 16.86.5,408 17,130,><7J
4,03P,048 13,820,218
l,29-',527
1,729,225 7,4 0,14115,152,568
bU!-h.
bush.
5,13«,»05 1,611, l^^
3,0il'.2;0 1,296,988
3,113,210 1,106,','6
bush
fiIB,6B6
9)1.S40
3.'i4,411
8ametimel977
3,63l,.366 1,003,331
6amelimel376
273,138
Rail etiipments of floar and grain from Western lake and river
ports,
—
Week
ending—
April 2-i, 1879
April s7, 1^78
April 58,1877
April 29, 1876
Flour,
Wheat,
bbls.
119,«23
9',761
8S0,3»4
167,«99
1,695,031
HH.Oli
I8.',7i4
100,103
511,959
762.893
I,162,9i8
bush.
Cora,
bush
5a.','i88
Oats,
bush.
Barley,
833,955
175,443
',»6,9 9
114,639
»',933
31,800
303,«5
42,215
bush.
Receipts of flour and grain at seaboard porta for the
26, 1879, and from Jan. 1 to April 20.
Rye,
bush.
43,<I16
8,8-;
29
1
!t58
47.604
week end
ing April
Flour,
At—
bbls.
96,2 7
3;J,5U
Mew York
Boston
4000
Portland
Montreal
3,6
Philadelphia
Baltimore
New Orleans
Total
Previous week
Corresp'ng week,'78.
TotJsn,
14, H
9
1^,623
25,685
192,633
m,.504
177,e8!
Wheat,
bn^h.
661.95)
33,950
3' ,300
400
391,900
285,150
1,611,8)0
1.5S5,220
511,655
Corn,
bush.
771,190
28 1, '•50
2,000
6,S3,030
187.300
14l.2al
'>
Oats,
bush.
Buley,
1.5-.',045
13,641
14,900
31,250
875,032
419,492
1,9!'1,2.3B
S'iS.lSe
to Apr. 28 3,260,200 25,364,337 33,31.'i,904
2,729,73:5 19,822,119 82,491,913
ISTa
2,147,189 1,81.1,763 24.8.'S 103
1877
2,b2i,581 7,217,015 22,137,361
B»metimal876
1
Same lime
Same time
Rye,
bush.
16,136
4t;0
800
2,409
59,550
S7,5CO
99,5V8
2838,155
2,448,711
bu^h.
l',6i7
1,00)
31,(00
I,O0O
13,000
30,618
66,072
113,958
107,8W
5,902,4.!4 1,320,102
987,410
66,5.36
89,83!
4,5n,823 2.001.025 1,509,622
4,320,218
937,329
6,0:0,000 1,658,221
331, 7S6
103,664
Exports from Unitod States seaboard ports and fiotu Montreal,
for week ending April 20, 1879.
Fbok—
New York
.
BoetoD
Portland
Montreal
Philadelphia
Baltimore
ToUl
for week,.
Previonsweek
Two weeks ago
Same
time iu 1878..
The
Flour,
Vmeft,
bbls.
E8,586
11,6-5
3,725
1,183,955
16,801
35,800
14',r.9l
2,358
3,393
312.918
247,982
714,207
711,396
110,357
121,877
77,974
63,l5t
1,612,699
1,321,518
2,62!,7..7
1,593,107
4,7tfU
l,f.2.',639
l,6:il,a)0
756,511
2,291,155
42,994
17,935
bosh.
Corn,
bush.
850,013
Cite,
bush.
2,770
Rye,
bush.
60,143
Peas,
bush
2,246
19,2J0
3)0
iO
3,150
1,939
62,(87
85,512
17.1,022
148,822
21,416
5.519
22,918
16,9:3
visible supply of grain, comprising the stocks iu granary
at the principal points of accumulation at lake and seaboard
parts, and in transit by rail and afloat in Nei7 York and Chicago,
April 26. 1870, wag as folio we:
[Vol. XXVIII.
Wheat,
Is Stobb
l.nsh.
Corn,
bus-.
huh.
bush.
2,118.011
I,n85.S»l
.560,5\5
25:,0 2
at—
New York
Albiny
601
Oat",
Farley,
2.,l.0)
.59,.Wfl
!Il,l)fi|l
31l,iX!6
S9i,074
Chicago
6417,313
2,9r;,99:)
Milwaukee
2,540,191
21,624
100,418
I,1S6,8^0
7J7
81,782
356.630
141,925
331.617
231,0j8
Buffalo
Duluth
Toledo
(10th)
i6>,28!l
601,938
494.815
125.000
190.S7i
Delroit
Osve^'O
3t. Louis
Boston
K'.il
208,968
115.585
t3T,5:2
New York
Ui.lHi
Eit.*..
1,814
25,000
2).c61
101
123,896
92,9i3
15.705
22,993
29.823
8,560
33 417
8l,6i9
...
141,,i51
210,319
501,751
1,025,1^6
1,693.031
75,030
66,,5S3
860,881
300,000
24.00)
2,630
25fl.O>PO
21,016
250,0
3,9.1
6 41)
56,315
shipments, week
Afloat in
!,13',300
213,000
89
4a.5;;9
T.TOr.to
.Monirta' (i;th)
Philadelphia
Peoria
[ndi napolis
Kansas City
Baltimore
;i9,4*-2
37019
1.30,1110
Rye,
boeh.
40',734
53,000
19.467
161,364
121,290
9e»
3,V»
58 5'o
41,973
4,061
....
....
1,060
3)3,3:5
Ill,6.)9
43,946
...
....
.,
24,910
15,490
at«
Estimated on lakes and in
vessels Lot cleared
Total
April 19,1879
.^pril 12,1879
Airjl
5.1879
March
March
March
April
29, 1879
82, 1879
1879
i?, 1878
1.5,
E0\CO0
1,2ro,000
...
16972,421
12.81«,'8)
18,140,4b3
13,1*7.111
13.335 997
19.114,257
12,:165,0:8
12,6'i^.2 5
1.8«5,491
1,93S.<2)
2,129,4r.
2,814.697
2.4:10,2-0
2,835,66
20,090411
1.1,150.646
2,271.434
2n.98i,32r)
13,:1'I2,312
2.1.).',016
9.76?,3;6
1,7699.'0
3.13J.433
3,196,617
1,673,855
12,,122,454
13,(10,564
79!l,433
Note. — Estimate 1 afloat of wheat
400 000 bush, instead of 40.000 bush
bush,, instead of 17,7-0,463 bu h
THE
T>RY
,
',64S4(0
9:2,603
1,971,918
2,2i.\60t
2 3:17.209
1,011,699
1,0'3,715
1.103,799
l,lf0 139
1,218,595
1,195,238
569,832
Ne-.vYork li<»t wcL-kshould have been
as published, milin^the total i;, 140,463
in
GODD3 TRADE.
Fbidat,
The dry goods market has exhibited
P, M.,
May
2,
1879
animation the past
week, and busines,s has been moderate in all departments. There
was a steady movement in staple cotton goods on account ef
former orders, but current transastions were chiefly of a handto-mouth character, and comijaratively li.ght iu the aggregate.
Heavy woolens for men's wear were presented in greater variety
by manufacturers' agents, and this led to a slight improvement
in the demand for fancy cassimeres, overcoatings, &c.
by the
clothing trade; but orders were placed with less freedom than
has usually been the case at this stage of the season. There
was also a lull in the jobbing branches of the trade, and neither
staple nor department goods were as buoyant as of late. The
American Print Works of Fall River, whose suspension was
noticed soms time ago, have effected a settlement with their
creditors, and will resume production in a short time.
Domestic Cottox Gixids. The export movement in cotton
goods has been fairly satisfactory, and 4,500 packages were
shipped from this port to foreign markets during the wei^k ending April 29, including 2,998 to Great Britain, 48,') to Africa, 30O
to U. S. of Colombia, 188 to Brazil, 123 to Venezuela, 94 to Cisplatine Republic, 50 to British West Indies, 49 to Hayti. and the
remainder,in smaller lots, to other countries. Brown and bleached
cottons were in steady demand, and very Ann at the lately-advanced quotations. Colored cottons (such as denims, ducks,
ticks, stripes, osnaburgs, &c..) were also in fair request and flrm»
and grain bags continued in good demand and scarce. Stocks of
nearly all the above fabrics are exceptionally light in first hands,
and many leading makes arel argely sold to arrive. Print cloths
were fairly active and firm at 'Syge. cash for 64x64 spots and near
futures, and 3 7-16c. ca-sh for 56x60's, at which figures spinners
were iinwilling to make long contracts, in view of the probability
of advanced prices. Prints were less active but steady with an
ui)ward tendency, and there was only a moderate demand for
ginghams, cotton dress good?), printed lawns and white goods.
Domestic Woolen Goods. There was a somewhat better
inquiry for heavy woolens, as a result of which moderate orders
were placed b.y clothiers for fancy cassimeres, suitings and
cheviots. Plaid back overcoatings were sought for in considerable quantities by the .same class of buyers, and cotton-warp
beavers continued in fair re<][uest. Light-weight fancy cassimeres and cheviots were only in moderate demand, and wowted
coatings have been taken with less freedom than expected by
hoWers. Black cloths and doeskins ruled quiet, but prices of
the best makes were steadily maintained by agents. Kentucky
jeans have received more attention than for some time pa.st,
and a fair distribution of the various qualities was effected by
means of low prices and liberal terms. Printed satinets were in
fair reciuest, and moderate sales of blacks and mixtures were
reported by agents. Worated dre.ss goods were taken in small
lots (to a fair aggregate amount) for the renewal of assortments, and prices ruleti steady. Worsted shawls moved slowly,
but there was a steady demand for small parcels of Shetland
less
—
—
—
and lace shawls.
Foreign Dry Goods. ^There has been a li^ht and unsatisfactury demand for most descriptions of foreign goods at first
hands, and the jobbing trade was less active than of late. Silks
continued depressed and brought low prices when offered at
auction. Dress goods continued sluggish aside from the most
Millinery
staple fabrics which were in moderate demand.
foods and ribbons moved slowly, and there was only a limited
eraand for linen and white goods, laces and Hamburg embroideries.
Men's-wear woolens were slow of sale, but prices ruled
fairly steady in view of the light importation.
—
@FedFRASER