Full text of Commercial and Financial Chronicle : May 7, 1881, Vol. 32, No. 828 [Copy 1]

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ittatttM

ontnttrtw
.

a

AND

HUNT’S

MERCHANTS’

^

MAGAZINE,

IjkWiSpape*,

REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
[Entered, according to act of Congress, in the

VOL. 32.

year 1881,

by Wm. B. Dana * Co., In the office of the Librarian of Congress, Washington, D. C.l

SATURDAY, MAY 7, 1881.
CONTENTS
THE

CHRONICLE.
477 Financial Review of April
Tlie Financial Situation
Lake Shore <fc Michigan South¬
Tlie Debt Statement for April
ern
478
1881
Forged Checks
480 U. S. Treasury Statement
Our Foreign Commerce
480 Monetary
and
Commercial
Life Insurance in 1880
482
English News
Cotton Consumption and Over¬
and
Commercial
Miscellaneous
land Movement to May 1
News
482
THE BANKERS’ GAZETTE.

484
485
486
486
487

Money Market. U. S. Securitics, Railway Stocks, Foreign
Exchange, New York City
Banks, etc

I General Quotations of Stocks
I and Bonds
..491
i Investments, and State, City
489 |
and Corporation Finances.
497
COMMERCIAL TIMES.
501 j Breadstufts
506
502 ; Dry Goods
5( 7
..

THE

Commercial Epitome
Cotton

NO

828.

limits, always will control the exchange market. A short
time since we wanted gold very much, and
money became
here
and
very dear
the gold flowed in rapidly. Now
interest rates are low again with us, but in France
they
have suddenly become high, by reason of a
speculation in
progress on the Paris Stock Exchange.
Nations in their
dealings always retain and receive what each wants most,
and the exchange market is now
acting in obedience to
such

a

want.

Some claim that

exporting gold; but while

our

servative condition amd while

we

are

on

the point of

trade is in its present

we

con¬

need for currency pur¬

supply of gold, there can be no reason for
anticipating such a movement. France is satisfying her
The Commercial and Financla.l Chronicle is issued every Satur¬
wants through England and
Germany, and as soon as the
day morning, with the latest news up to midnight of Friday.
normal condition of things is restored our favorable trade
[Entered at the Post Office at New York, N. Y., as second-class
mail matter.]
balance must again assert itself and exchange rates rule
TERMS OF

3?lxe (flxrcnxitlc.

poses our present

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WILLIAM R. DANA,
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j

THE

WILLIAM B. DANA & CO., Publishers,
79 &

81 William Street, NEW YORK.
Post Office Box 4592.

FINANCIAL

SIT XTA TION.

A feature of

special interest in financial circles the past
further advance in foreign
exchange, and
the altered position in which the United States are thus
placed with regard to tlie movement of gold. Rates about
two weeks since were so low as to
permit of tlie free ship¬
ment of
gold from any European market.
Now the
rates stand at the
highest points since January, and very
close to the
highest figures of a year ago when sterling
was
nearly up to the gold-exporting point ; and besides
the
tendency at the moment is undoubtedly towards even
week has been

higher

a

rates.

Of course, the ostensible
explanation of all this is an
excess of bills on our market a short time
since, while now
there is a great dearth of
bills; and these opposing con¬
ditions are in turn further accounted for
by a large

export *movement in grain,
provisions,
securities last month, and a check in
with

cotton

and

exports this month,

a

return movement in

our

called Government bonds.

But while these statements are
true, the fact remains that
the trade balance is still in favor of this

therefore, back




country, and there is,

of these facts another which, within certain

As the

prevailing opinion has been in harmony with
exchange has not disturbed
speculation in stocks, and during the week the market has
been strong and at times buoyant.
We cited last week
the conditions of the market and stated that they would
inevitably lead to this result.
This week, there have
also been special influences operating
favorably. Prom¬
inent among them may be
mentioned the progress
made in perfecting the plans for the consolidation of the
Missouri Kansas & Texas, the Missouri Pacific, the Texas
Pacific, the International & Great Northern, and the St.
Louis Iron Mountain & Southern roads.
Some opposition*
had been manifested by a few of the stockholders of the
latter to the terms of union with the Texas Pacific, but it
now
appears likely that all differences will be speedily ad¬
justed, Another influence interpreted favorably was the
reported fact that the managers of the leading coal com¬
panies have agreed upon a restriction of production for the
last three weeks of this month.
Then, again, the market
was aided
by statements that the Louisville & Nashville
Company has finally succeeded in obtaining possession^
by lease or purchase, of nearly all the important lines in
the South Atlantic and Gulf States; and further by the re¬
ports of largely increased earnings of the Western Union
Telegraph Company and a rumor that the decision of the
Court in the pending proceedings would be favorable.
Money can be borrowed for the remainder of the year
at from 4 to
per cent on acceptable stock collateral.
The supply at this centre is abundant and reports from
Philadelphia state that the demand there is so light that
some of the banks are
lending large amounts in this city
on call at 4
per cent, thus competing with our own institu¬
tions.
The rates of exchange on New York at Chicago
and St. Louis are sufficiently high to admit of the movethese views the advance in

LVol. xxxii.

THE CHRONICLE.

478

The margin for cable transactions in securities is now
ruled at about par at Boston
for the greater part of the week, showing that the demand quite narrow, as will be seen by the following table show¬
there
has
been very light; yesterday, however, ing the relative prices in London and New York at the
Boston was drawing on us, and about $600,000 (half gold) opening each day.
May 5.
May 6.
May 4.
May 3.
May 2.
was
sent over.
The Sub-Treasury .' continues to be
Lond'n N.Y.
Lond'n
Lond'n
largely debtor at the Clearing-House daily, and although
prices.* prices. prices* prices. prices.*\prices. prices.*
gold imports have for the moment been arrested, there is U.8.4s,c.
H6V*
116V*
~11634
nan
101**
101**
101%
101**
likely to be no deficiency in supply for some time. The U.S.5s,c.
48>*
47**
48*
&
47*4
Treasury operations for the six days including . the 29th
104*4
104%
104**
S
104%
13834
136**
Cent.
ult., show a loss, which is a gain to the banks, of $2,132,153.
147%
147%
2
C..
This has chiefly resulted from disbursements for interest Reading
54%
54%
54%
B
due on the 1st inst., the payments of checks given by the Exch’ge,
4‘87%
Assay-Office amounting to only $1,194,002. The daily
Expressed in their New York equivalent.
Reading
basis of $50, par value.
receipts by the Treasury for customs have been as follows.
Note.—The New York equivalent is based upon the highest rate for

ment of

gold, and the rate has

N.Y.

.

N.Y.

Lond'n N.Y.

prices.

n

115-77

11614

11614

11020

101-52

101-50

101-50

101*60

Erie

47*d5

4758

4806

48-36

2d

105-73

10589

10589

106-49

o

n

c

con.

Ill.

137-47

83

147-34

N. Y.

o

147

138-83

139-32

139

139-46

147-72

14810

148

148 01

4*88

4-88

cables.

55

28 08+

26-84+

27*05+

139

27-47+

4*88

*

+

on

transfers, which ordinarily covers
interest, insurance and commissions.
cable

Consisting of—

nearly all charges, such as

Washington show a general disposition
among holders of the 6 per cent bonds to ask an extension
$201,000
at 3£ per cent, and at the Sub-Treasury in this city the
$1,000
$8,000
$129,000
$339,154 65
April 29....
194,000
1,000
17,000
106,000
318,721 23
30....
clerks have been busily engaged all the week in preparing
301,000
12,000
253,000
566.346 60
2...
May
243,000 the necessary forms for those who are sending their bonds
1,000
12,000
214,000
470,183 06
3....
232,000
14,000
232,000
4...
434,676 83
to Washington.
Dealers in Government securities report
374,000
2,000
28,000
173,000
576,741 32
5....
a steadily increasing demand for the 4s, and as the supply
$1,545,000
To+al...
$2,705,823 69 $1,107,000 $91,000 $5,000
is not abundant, the price has advanced.
The “ Windoms ”
To indicate the effect on the banks of the various gold and are also in request by large investors and by many of the
currency movements during the week, we have prepared the banks who are taking out new circulation.
following table. It shows the net Sub-Treasury movement,
exclusive of transfers from the Mint, Washington and else¬
THE LAKE SHORE & MICHIGAN SOUTHERN.
where, for the week ended Thursday night, and also the
The Lake Shore may be said to be one of the finest,
receipts and shipments of gold and currency reported by
the banks of this city.
The net result should show very pieces of railroad property in the country. Its fine road¬
nearly the gain or loss of reserve by the associated banks bed, easy grades, splendid terminal facilities and economic
for the week; but, owing to the system of average pursued, cal management place it in* a very strong position for
There are few roads
the actual returns published to-day will show a discrepancy handling and commanding traffic.
according as the last bank statement was made on a rising that can carry as cheaply as it can. During the year 1880
the cost to it of moving a ton of freight a mile was only
or a falling average.
Date.

Duties.

Gold.

Reports from

TT. S.

Silver

Silver

Notes.

Dollars.

Certificates.

ii

ii

a

a

Out of Banks

Into Banks.

Treasury operations,
Interior movement

$2,132,153
2,697,000

net

$2,132,153

$
907,000

1,790,000

$907,000

$3,922,153

Total

$4,829,153

The interior movement

given in the above

braces all the

receipts and shipments of gold

table em¬

and currency

reported to us by the principal banks for the week ended
Thursday, which stated in our usual form were as follows.
Receipts at and Shipments from
Currency
Gold
Total

Since

last

Received.

Shipped.

$2,672,000
25,000

$507,000
400,000

$2,697,000

$907,000

N. T.

Friday there have been

received from

England reports a loss of £147,000 bullion for
and a reduction of 1 5-16 per cent in the proportion
of reserve to liabilities. This bullion has doubtless gone
to Paris, as the Bank of France reports a gain of 6,350,000
francs gold, and 5,575,000 francs silver, for the week.
The Bank of Germany lost 2,680,000 marks.
The follow¬
ing shows the amount of bullion in each of the European
banks this week, and at the corresponding period last year.

The Bank of

the week,

May 6,1880.

Gold.

Silver.

Gold.

Silver.

£

£

£

£

a

This is not as low as was

cent.

the

thousandths), but is still
much below what it costs either the Erie or the New York
Central, and below even what it costs the Pennsylvania on
previous year (398

cost in the

With each succeeding year
road is being worked with greater economy.
In 1875
operating expenses were almost 73 per cent of the-

its main line and

the
the

branches.

earnings. Since that time the percentage has been
steadily diminished, and in 1880 was only 55^ per cent.

gross

Of late there have been current many
to

be inflicted

on

the road by the

reports of injury

proposed construction of

It is contended that the new
line could be built for one-half or one-third the sum at
which the Lake Shore stands capitalized per mile, and there¬
fore be able to compete successfully with it, and ultimately
vanquish it. But the mere cost of building a road is in
itself of little consequence.
How much will it cost for an
adequate supply of rolling stock ? And above all, what
will have to be expended in acquiring right of way, suit¬

a

Europe $526,823 gold, chiefly from the continent. This
makes over 27J millions since the beginning of the year.

May 5, 1881.

thousandths of

4-35

Net.

parallel opposition line.

able terminal

interior
very important items,,

accommodations, and facilities at

and depots ? All these are
and cannot be had for the mere asking.

towns

But

Shore
and

supposing that the opposition line to the Lake
well equipped, had good terminal facilities,
otherwise in position to carry traffic, it does not

even

were

were

any means follow that
road as the Lake Shore.

by

it could compete

with such a

It certainly could not carry

any

economically managed.
And it would be without the influence that the Lake Shore
Bank of Germany
possesses on connecting lines.
Flanked on the east by the
59,476,815 68,994,512 70,162,097 68,286,498
Total tills week
New
York
Central,
and
on
the
west by the Northwestern
59,403,315 68,872,012 70,428,831 68,102,774
Total previous week
lines in which Mr. Vanderbilt is interested, and having
ty The above cold and silver division of the stock of coin of the
Rank of Germany is merely popular estimate, as the Bank itself gives great natural advantages, the Lake Shore, though not im»
information on that point.

Bank of England
Bank of France

xm




27,988,832
26,256,075
24,061,232 49,692,030 32,599,265 49,138,498
9,574,000 19,148,000
9,159,508 19,302,482

cheaper.

It could not be any more

pregnable, is without doubt well fortified, and not likely
soon to lose its hold on traffic or see its prosperity vanish.
Besides, the country is growing all the time, .and if a
competitor should succeed in getting a portion of the
business that now goes to

mile, since 1870,

ton per

shown in the following state¬
Passengers.

Freight.
Tear.

Cost

Receipt

Profit

Receipt

per ton per
per ton
per ion
per Mile. per Mile. per Mile. per
.

The increase

on

Cent.
0*572
0*478
0*454
0*389
0*413
0*273
0*256
0*2910*200
0*244
0*315

Cent.
0*932
0*913
0*920
0*946
0*707
0*737
0*561
0*573
0*474
0*398
0*435

Cent.
1*504
1*391
1*374
1*335
1*180
1*010
0*817
0*864
0*734
0*642
0*750

1870.
1871
1872
1873
1874
1875
1870
1877
1878
1879
1380

87781
The bonded debt amounts
to $30,300 per mile, and the capital stock to $42,480 per
mile.
This will not be considered large when it is borne
in mind that the road earned in 1880 $15,922 gross, and
$7,076’ net, per mile. There are a great many roads that
would be doing well if they earned as much gross as the
This shows at once what a dense
Lake Shore does net.
traffic the road has, and what a strong hold it must have
on the business, to command such a large share of it, despite
the active competition that is constantly in progress.
This
hold it could never have obtained except for its superior
facilities and almost perfect connections.
Is it reasonable
to suppose that a new competitor could very readily make
much of an impression on a road so situated, especially
when older competitors have sought in vain to draw off
other leading roads.

arc

ment.

the Lake Shore, it is not im¬

probable that this would not be felt in vfew of the
enlargement in the volume of that business.
It is urged by some that the Lake Shore is very heavily
capitalized. Still it compares very favorably in this respect
with most

479

THE CHRONICLE.

i88i ]

mat 7,

Cost per

Profit p’r

Pass. Pass'qer Pass'ger
Mile. per Mile. per Mile.

Cent.
2*012
2*808
2*599
2*542
2*452
2*378
2*090
2*319
2*287
2*223
2*135

Cent.
1*618
1*843
1*739
1*802
1*595
1*735
1*438
1*539

Cent.

0*994
0*965
0*860
0*740
0*857
0*643
0*652
0*780
1*121
0*775
0*794

1*106
1*418
1*341

1879 in the number of tons moved one

mile

wholly in the west-bound movement—the east-bound
movement shows a slight decrease.
The decrease in the
latter is explained when we recall to mind the active competition of the Canal and Lake route during the summer
of 1880.
The number of tons (not! ton miles) of grain
carried, we see, fell off from 1,841,120 to 1,727,645, very
probably because of this competition. The gain in the
west-bound movement is due, we suppose, to the items of
coal, “pig, bloom and railroad iron,” and “ merchandise and
other articles,” which all show a heavy increase.
We have
not the tonnage mileage of these items, nor do we know
some of its trade ?
just what proportion was carried west. Presumably a
The fiscal results of the company’s operations during good part was west-bound.
A gain in west-bound
1880 were highly favorable. The gross earnings amounted traffic is more desirable than a gain in east-bound
to $18,749,461, against $15,271,492 in 1879, a gain of traffic, because it fills cars that are half the time hauled
$3,477,969, or 22J per cent. Owing to a reduction in the back empty. An increase in this movement entails, there¬
percentage of operating expenses to gross earnings, the net fore, very little additional expense and is almost wholly
earnings increased in even larger proportion, rising from clear profit. Then, too, rates have hitherto been much
$6,336,968 to $8,331,356, again of $1,994,388, or 31£ per better on this than on east-bound traffic. The difference,
cent.
After deducting $2,750,374 for interest, rentals, though, is being gradually wiped out.
In 1878 the figure
&c., there remained a surplus of $5,580,982, equivalent to was 0*672 of a cent per ton per mile on east-bound
11*28 per .cent on the stock.
Eight per cent was paid, freight, and 0*913 o"f a cent on west-bound, a difference of
and a balance of $1,623,662 carried forward. The follow¬ 0*241; in 1880 the rate was respectively 0*747 and 0*756, a
ing table will show the company’s operations for eleven difference of only 0*009 of a cent. The following will show
years past.
freight earnings and mileage since 1870.
Tear.

Gross

Earnings.
$

1870..
1871..
1872..
1873..
1871..
1875..
1876..
1877..
1878..
1879..
1880..

13,509,236
14.898,449
17,699,935
19,414,509
17,146,131
14,434,199
13,949,177
13,505,159
13,979,700

15^271,492
18,749,401

Operating Expenses.
Amount.

Net

Interest,

Earnings.

Rentals, dkc.

$

$
1,828,897
2,121,164

Per Ct.

$
8,368,821
9,779,800
11.839,526
13,746,598

61*95
05 04
60*90
70*90
65*04
72*90
08*04
60*37
60*70
58*50
55*50

1 L. 152.371

10,531,501
9,574,830
8,903,900
8,486.001
8,934,524

10,418,105

5,140,415
5,118,643
5,860,409
5,067,911
5,993,760
3,90*2,698
4,374,341

4,511,193
5,493,165
0,336,908
8,331,350

Divid'nds
Per
Cent.

8
8
8
4

2,201,459

2,054,500
3,008,193
2,810,294
2,759,989
2,775,657
2,718,792
2,754,988
2,750,374

3*4
2

3j4
2
4

0J2
8

was

.

Tons carried one
Year.

mile.

Westward.

Eastward.

Freight
Earnings.

Total.

$

1870
1871......
1872
1873
1874..:,..
1875
1870

412,067,905
526,397,480
667,309,119
770,423,785
753,633.140
677,979,702
827,020,640
747,274,720
995,021,834

1879.. .4.. 1,197,135,107
1880
1,179,292,211

574,035,57! 8,034.472
161,907,606
207,273,210 733,670,09* 10,205.859
i *2,700,*83
924,8 44,14
257,475,021
283,503,404 1,053.927,189 14,009,402
999,342,0.81 11,791,012
245,708,94)
205,256,459 943,236,161 9,530,038
300,814,188 1,133,834.828 9.202,723
382,730,841 1,080,005,501 9,328,249
345,445,902 1,340.467,826 9,-30,159
530,288,333 1,733,423,440 1 1,120,220
671,873,80, 1 851,166,018 13,890,503

Rate
per
p.

ton

mite.

Cents.
1*504
1*391
1*374
1*335
1*180
1010
0*817
0*864
0 734
0*642
0*750

regards passengers, there has been an increase in
and through mileage. Neither, however, is as
/ever before, but that the gross earnings are not as large as high as it has previously been.
The through mileage, not¬
they were in 1873, when the total was $19,414,509. Yet itis withstanding the heavy immigrant traffic last year, was
not to be inferred from this that the volume of traffic was
higher in 1876, though not in 1873, and the way was
smaller in 18S0 than in 1873.
On the contrary, the num¬ higher in 1873. Owing to the large decline in rates,
ber of tons of freight moved one mile increased from earnings are much
below those of 1873, the difference
1,053,927,189 to 1,851,166,018, or 80 per cent.
The between that year and 1880 being more than $800,000.
decrease in earnings is entirely due to a diminution in the The subjoined statement shows the passenger movement for
It will be observed that

rates obtained.

the net earnings are larger

Thus in 1873 the average rate

than

received

As

both way

per eleven years.

mile was 1*335 cents; in 1880 it was only 0*750 cents.
The average for 1880 was somewhat above that for 1879,
but it is to be remarked that in 1879 the average was
much reduced because of a ruinous war of rates in the
ton per

important
it is only
necessary to say, that of the $2,770,337 gain in freight
earnings in 1S80 over 1879, only about $774,000 was on
account of increased tonnage, and almost two million dollars

•early portion of the year. To show what an
part the rate plays in the company’s earnings,

on

account of the di fference

the

av

erage




in rate.

The average charge,

cost, and the net profit, per passenger

and per

Earnings.

Mileage.
Tear.

Through
(Buffalo &

Thr'ugh
Way.

Total.

Chicago.)

160,500,114
143,204,407
162,308,195
179,363,173
173.224,572
37,-27,600 127,723,261 164,950,861
47.7o4.l40 127,806,361 175,510,501
32,404,800 105,051,818 138,110,018
30,305,880 103.390,141 133,702,021
32.640.300 108,522,017 141,102,31.
40.061,460 130,087,307 176,148,707

121,064,994
106,547,587
118,741,295
134,923,873
1874. 40,120,380 133,104,192

1870. 39,435,120
1871. 36,650,820
1872. 43,567,200
1873. 44.439.300
1875.
1876.
1877.
1878.
1879.
1880.

(Buff. <£
Chic.)

Way.

Total.

$
$
$
850,371 3,336,589 4,192,960
799,059 3,207,663 4,006,723
3*',214 3,288,328 4,218,543
945,072 3,624,657 4,569,729
817,508 3.401,453 4,249,022
759.523 3,103,274 3,922,797
747,821 2,910.326 3,664,147
>23,623 2,579; 57 5 3,203,19®
5o i.,399 2,475.993 3,057,392
582,973 2,555.030 3,138,003
705,562 3,035,446 3,761,008

r

THE CHRONICLE.

480

fVOL. XXXII.

bank, and the bank is only a debtor for it, with a duty of
The Court of Appeals of this State has recently decided honoring checks ; therefore, when the bank pays a forged
check, it is dealing with its own money, and at its own
that a depositor does not owe any special duty to the bank
risk, and has no claim to be reimbursed unless the depos¬
to examine returned checks promptly on receiving them,
itor is in some manner in fault.
To throw the loss upon
and detect and notify the bank of forgeries.
The inference
If
from the decision is that no time short of the statute of him, some breach of duty on his part must be shown.
FORGED

limitations

vouchers.

CHECKS.

\

the bank-book and checks are returned to him and kept
estop a depositor from questioning the
without objection, this raises a probability that the pay¬
Of course his retaining them without objection
ments are correct; but any presumption to that effect is
can

probability of their correctness, but this proba¬
bility can be removed by proof.
The story of the case was that in 1865 a firm opened an
account with the Chemical National Bank, which was kept
in the usual way without complaint arising until Septem¬
ber, 1870. At that time the depositors made claim that
the bank had paid at various times during a year or more
previous, money amounting to upwards of $8,000, upon
checks drawn in the name of the depositors, but which
were not genuine.
During the year the bank-book had
been balanced five times, and returned, with the checks
which had been paid, to the firm, and they had made no
objection to either of the balances struck. About 450
checks in all were paid by the bank during the time, 37
of which the firm alleged to be forged.
In explanation
of their failure to give earlier notice the depositors showed
that in their establishment the bank account, pass-book,
returned checks, etc., were in the general charge of a con¬
fidential bookkeeper.
It was customary whenever the
bank returned the bank-book with vouchers for one of the
firm, with the bookkeeper, to compare the checks returned
with the memoranda in the check-book, and with the en¬
tries in the pass-book, also to compare the balance in the
firm’s account with that returned by the bank.
This was
raises

a

by showing that he was innocently prevented
detecting the unauthorized payments.

removed
from

OUR FOREIGN COMMERCE.

foreign trade are a continua¬
tion of the favorable exhibits for many months—that is to
say, the exports are larger than last year and the imports
are smaller.
As we predicted in reviewing the February
-figures, the balance in our favor is heavier than it was in
February. The excess of exports over imports is $24,364,558, against $19,900,295 in February, and against only
$6,463,986 in March, 1880.
These figures give us the basis for the gold movement
The March returns of

our

which has been in progress during March and April.
the first time, the monthly trade summary issued by

For
the
Bureau of Statistics distinguishes between gold and silver.
The change is a very desirable one, though of course our
weekly analysis of the foreign trade of New York is to a
date about six weeks later, and, in the item of gold,
covers

almost the entire movement of

the country; but

as

present, except in the matter of coin (mainly
trade dollars) is nothing more nor less than a commodity,
any statement which in one item includes both gold and
silver is misleading.
The present figures show that the
done from time to time in the manner usual among mer¬
imports of gold during March for the whole country
chants.
But the bookkeeper, who was implicated in the
amounted to $7,169,564, and the exports to $160,786,
forgeries, contrived, by withholding the forged checks and
leaving a balance of imports of $7,008,778. In the same
reading the balances falsely, to completely conceal from month last
year the imports amounted to only $892,180^
his employers the true state of the account.
At last he and the
exports to $1,166,679, leaving a balance of exports
absconded, and the forgeries were then brought to light.
of $274,499.
In silver there was an excess of exports
The depositors claimed to recover the $8,000 as having
of $563,382 in March, 1881, against an excess of imports
been paid out without authority from them ; while the
of $380 -789 in March, 18'80. bank contended that omitting to detect the irregularities
silver

at

The imports of merchandise, though smaller than last
give the bank prompt notice, was an acceptance of the
year when they were exceptionally heavy because of the
account as correct and final ; also that the depositors were
speculative mania which had prevailed, are yet very large.
responsible for the doings of their bookkeeper considered as The total is
$60,701,561, which is in excess of any other
their agent.
month since May, 1880.
It is to be noted that prices were
The Court of Appeals has sustained the suit, saying in
lower this year, and that consequently the values represent
effect that when forged checks have been paid and charged
a
larger quantity of goods than the same values did last
by a bank, in the account and returned to the depositor, he
year.
The- present upward movement in the imports
is under no duty to the bank so to make an examination
It has not been stimulated by specu¬
seems to be natural.
of his account so thorough that it will necessarily lead to
lation, but is a result of increased activity in trade and of
the discovery of the fraud.
If he examines the vouchers
an increase in the country’s consuming capacity.
The fol¬
personally and is himself deceived by the skilful character
lowing table will show the imports and exports at the lead¬
of the forgery, his omission to discover it will not shift
ing ports for March and for the first quarter of the year.
upon him the loss, which in the first instance is the loss of
EXPORTS AND IMPORTS OF MERCHANDISE FROM U. S. PORTS.
He is only obliged to use ordinary care in
the bank.
1880
1881.
Exports (Domestic
Since Jan. 1.
March.
Since Jan. 1.
March.
and Foreign.)
making the examination, and if this is exercised, whether
$
$
$
by himself or his agents, the bank cannot justly complain
36,371,623 94,770,757 33,614,909 83,212,726
New York
12,438,760 35,034,437
although the forgeries are not discovered until it is too New Orleans
10,023,897 31,872,393
6,930,203 15,603,800
7,396,058 15,967,828
Baltimore
late to retrieve its position or reclaim from the forger. Boston
4,825,664 13,923,211
7,553,765 18,532,287
8,728,774
3,900,388
9,126,798
4,283,480
And upon the point of agency it is held that a book¬ Philadelphia
8,344,219
2,819,746
2,992,855 10,303,836
San Francisco
12,820,877 39,457,226
16,444,441 46,303,097
All other ports
keeper is not an agent of his employers to forge checks in
Total
85,066,119 226,876,996 77,350,547 204,304,393
their name, or to falsify their accounts.
Imports.
Other recent decisions sustain this view.
A somewhat
42,106.508 107,901,30*2 49,248,924 L30,412,525
New York
2,929.991
901,132
2,786,555
1,100,419
New
Orleans
similar suit of Welsh against the German American Bank,
4,810,018
1,433,248
3,842,583
1,287,395
Baltimore
8,685,533 18,869,672
5,681,279 15,048,378
.".
decided in 1878, will be remembered by many readers. Boston
9,129,786
4,132,474
7,399,052
3,551,939
Philadelphia
8,473,842
4,044,063
7,787,384
3,377,719
The Court of Appeals of Maryland made a like decision in San Francisco
7,116,696
2,441,182
8,977,532
3,596,302
All other ports
1879, assigning this additional reason: that when a
«1.742.520
70.386,561
60,701.561 153.742,786
Total
deposit is male the money becomes the property of the

and




«

exports, ail the leading ports with the exception of
New Orleans show an increase on last year.
The smaller
total at New Orleans is explained by smaller cotton ship¬
ments at that port and a decline in the price of cotton.
New York exports increased from $33,614,909 to $36,371,623, but there is no clue to the increase in either the
cotton, provisions or breadstuffs movement. The number
of bales of cotton exported from New York was not
materially different in the two years, but as prices were
much lower the value of the same must have been smaller
In

this year ; breadstuffs exports show in value a falling oil
of $780,217, and provisions exports a gain of $276,227, so
that these three items net a decrease.

It follows that

EXPORTS OF BREADSTUFFS DURING

MARCH, AND SINCE JAN. 1.

Quantity.
March.

Barley
Corn

Corn-meal

...

Oats

Rye
Wheat

Wheat-flour

..

1881.

.bush.
bush.
.bbls.
.bush.
.bush.
.bush.
.

bbls.

1880.

11,195
8,819,499
37,115
25,073
190,042
11,590,647
679,111

254,492
11,550,287!
29,224
30,473!
187,286
9,033,314
397,121

Total

Value.

1881.

1880.

$4,834

5,171,826
105,304
12,582
205,349
13,067,781

lto,G20

3,695,798

6,648,227
91,252
14,265
187,116
12,678,209
2,498,084

22,263,474

22,297,773

14,463
9,221,579
278,186

14,313,665

Since Jan. 1.

Barley
Corn

.bush.
.bush.

30,571

396,952

15,958,776

.bush,

95,813
60,599
481,458

24,395,550
68,787
83,797
536,464

27,461,219

20,507,687

1,983,351

1,238,827

Corn-meal
Oats

Rye

.bush.
Wheat
.bush.
W’heat-flour.. .bbls..

other commodities must have

30,057

507,830
29,997,207
11,062,604

281,819
214,314

41,104
511,406
28,362,278
7,632,913

produced the gain in the value
Total
51,111,926 51,357,499
of the merchandise exports at. New York.
Boston in¬
The point of most interest in the provision
figures is that
creased its exports from $4,825,664 in March, 1880, to in several
items there is a marked falling off in the number
$7,553,765 in March, 1881, but this can bo accounted for of pounds
shipped this year as compared with March last
in great part by a slight gain in the movement of breadyear.
This is natural. Speculative prices must, of course,
stuffs and a very decided gain in provisions at that port?
check exports.
For a time the demand was so great that
the value of the latter being almost double that of last
exports kept up notwithstanding the higher range of
year.
The provisions and breadstuffs exports at each prices, and as a consequence both
quantities and values in¬
of the principal ports are shown in the following table.
creased ; but now a reaction has come and there is a check
EXPORTS OF BREADSTUFFS AND PROVISIONS FROM LEADING PORTS.
to the movement.
How much higher values are, may be
1881.
18
seen
by a reference to some of the items. For instance,
March.
Since Jan. 1.
Breadstuffs.
March.
Since Jan. 1.
the shipments of bacon and hams fell off from
$
83,188,274
$
$
$
New York
9,457,915 22,227,409
10,238,132 22,204,299 lbs. in
March,
1880,
to
lbs.
80,770,800
in
New Orleans
March, 1881, but
1,313,015
2,633,869
1,174,041
2,553,757
Baltimore
4,866,891
9,547,653
4,429,696 10,311,0(59 such was the difference in
values
prices that
increased
Boston
1,146,825
3,127,812
1,046,929
3,078,061
2,554,631
'Philadelphia
4,339,827
2,329,117
4,294,390 more than $1,200,000 ; lard fell off more than 9 million
San Francisco
2,315,611
7,344,235
1,951,311
0,195,629
Other ports
608,536
1,891,121
1,128.547
2,719,694 pounds, but this year’s values were larger nevertheless.
Total
22,263,474 51,111,926 22,297,773 51,357,499 The exports of pork increased from
8,361,680 lbs. to
Provisions.
12,709,034
or 52 per cent, but the value of the same
lbs.,
New York
9,179,966 29,316,260
8,903,739 21.862,654
New Orleans
5,265
91,106
21,408
60,119 increased from $561,929 to $1,054,916, or 88 per cent. The
Baltimore
585,687
2,590,368
827,282
1,339,229
Boston
3,473,763
8,869,910
1,807,477
5,164,819 same disparity between quantities and values in the two
568,902
Philadelphia
2,139,659
668,976
1,855,030
San Francisco
26,452
93,969
33,974
82,102 years is observable in the movement for the three months.
Other ports
485,804
1,170,921
267,404
957,337 The
following table will make this clear.
'

.

*”

<

Total

14,325,839

44,272,192

12,530,260

31,321,090

EXPORTS OF

PROVISIONS, &C., IN MARCH, AND SINCE JAN. 1.

At the cotton

ports there was an increased cotton move¬
ment compared with last year, and the
exports are again
very heavy.
New Orleans has already been referred to as

having had smaller cotton shipments, and so had Norfolk
but at all the other principal ports the
shipments were larger’
Of the total increase of $7,715,572 in the
country’s mer¬
chandise exports in March, 1881, over
March, 1880,
$3,342,467

was

made at the six ports which stand next to

New Orleans in
seen

in the

importance as cotton-exporters,
subjoined statement.

as may

be

1880

Charleston
Galveston

$

Since Jan. 1.

1,350,177

$
6,364,798
5,788.422
3,567,318
4,536,981
8,226,913
1,099,188

36,262,317

9,298,979

29,573,623

415,992
12,641,446

..

Wilmington

March.

$
1,929,678
2,416,788
491,672
1,540,429
2,719,394
211,018

6,909,620
10,607,607
3,725,747
4,485,148

Norfolk, &c.

Total

$
2,582,334
3,378,423
1,0 43,702
1,299,87S
3,921.117

.

..

Mobile

Savannah

Since Jan. 1.

9,184,018

Separating the different items that go to make up the
breadstuffs exports, we find that the most marked feature
is the

increase in the outward movement of wheat and
wheat flour.
Counting flour at its equivalent in wheat
there were exported
14,646,646 bushels in March, 1881,
against 10,820,358 bushels in March, 1880, and for the
first three months of the

2G,082,408 bushels.

year 36,386,298 bushels, against
Values do not show the same pro¬

portionate increase because prices last
year ruled so much
higher. The total value of the wheat and flour exports

was

$16,763,579 in March this year, and $15,176,293 in
March last year; for the
period from January 1 to April 1
the total foots
up $41,059,811 in 1881, and

in 1880.

The

$35,995,191
table
following
gives all the details of the

breadstuffs exports.




Value.
1880.

Beef, fresh and
salted
Bacon and hams
Lard
Pork
Tallow
Butter
Cheese

14,365,176
80,770,800
36,282,293
12,709,034
8,975,492
1.107,932

3,939,466

13,604,892
83,188,274
45,659,429
8,361,680
12,470,466
1,613,912
1,576,927

Total

1881.

1880.

$

$

1.259,898

1,089,972

7,019,146

5,815,873

3,720,947
1,054,916
595,963
219,407

455,562

3,632,670
561,929
903,237
330,121
196,458

14,325,839

12,530,260

3,491,911
22,208,75?
10,893,381

Since Jan. 1.

salted
Bacon and hamis
Lard
Pork
Tallow
Butter
Cheese
,

March.

1881.

Beef, fresh and

EXPORTS OF MERCHANDISE FROM LEADING COTTON PORTS.

1881.

Pounds.

March.

Total

40,567,546

266,100,525
112,277,332
35,336,604

21,386,913
19,631,453

36,900,948
215,450,683

6.304,149

1,114,955

11,411,601

2,358,472

2.936,437
14,979,822
7,254,679
1,457,361
1,907,195
1,327,396
1,458,200

44,272,192

31,321,090

91,663,584
21,935,999
25.494,819

2,73 y, 605

1,465,111

-

For the month of

April just passed/both merchandise ex¬
ports and imports promise to be smaller than in March,
and smaller than in April, 1880, if we take the
figures at New
York as a criterion for the whole country.
For the four
weeks ended April 29 the imports at New York were
$32,753,174, against $42,106,508 for the full month of
March; and for the four weeks ended May 3 the exports
were $27,127,976,
against $36,371,623 for March. In
March New York had 69 1-3 per cent of the imports and
about 42 J per cent of the exports. If the same percentages
were to hold
good for April, the excess of exports over
imports would be 5 or 6 millions smaller than in March;
but in the exports New York, it is not unlikely, will repre¬
sent a little larger proportion of the April total, as the
Southern ports may show a smaller cotton movement.
In
this connection it is interesting to note that the imports of
gold at New York during April were in the vicinity of 13
million dollars.

LIFE

*

of the

life insurance

several months earlier than usual.
The companies represented are the same as in 1879, ex¬
cept that the Hartford Life & Annuity is out of the list.
This company, which has abandoned itself to a co-operative
scheme of a peculiarly vicious and deceitful type, is not
now authorized to do business in this State, but is, never¬
theless, still doing it surreptitiously. The following is a
condensed summary of the past year’s business of all
business this year

with each of

31

34

34

Companies.

Companies.

Compa nies.

Companies.

Premiums
Other

receipts

1877.

$

$

*

52,721,720
453,234

57,236,334
22,220,005

62,933,690
23,228,454

75,031,099

76,174,054

80.402,099

86,162,144

22,216,041
13,< 81.541
9,572,350

29,973,133
13,330.823
12,703.187

29,153,225

26,103.280
15,307,369

278 200

14.637,449
17,095 594
249,340

19,028,600

10,614,935

10,992,050

13,327,577

64,821,417

66,900,343

71,878,318

74,337,323

11,109,682
17,937,571

9,274,011
2,563.051
825,058
167,865,390

8,584,681
7,058.554

11,824,821
+10,9*5,741

2,889,420
156.501,129
231,291.618

204,376,280

75,184,100

179,880.687

322,-25

Total expenditures

*

1878.

23

Paid claims
Paid dividends
Paid b psed & surr’d policies
Paid stockholders
Paid expenses and taxes....

Income over expenditures..
Increase of assets
Increase of surplus
Insurance issued
Insurance terminated
Insur. outst’d’g at end of yr.
Net decrease of insurance
outstund ng during year..

1879.

*
52.014,843
23,010,256

Total receipts

187.504,756

19.152,317
350.784

477.540

178.325 128

148,640.332! 176,606.620
1,475,995,172.1,439,901,165 1,480.921,228 1,556,105,323
*36,034,007

MOVEMENT TO MAY 1.

40,960,058

monthly reports, which are made to us by telegraph,
us to-day to bring down our overland statement to

Our

enable

30

OVERLAND

CONSUMPTION AND

COTTON

State, compared

actively operating in this

the three previous years.
1880.

comparative figures are also encouraging. There
is too much evidence in the lamentable disposition to
harass the companies by excessive taxation and by unwise
interferences, as well as in the unprecedented development
of co-operative schemes of all grades, from the honestlymistaken to the speculative and the “murder mill,” that
life insurance is by no means freed from its troubles; yet
the strength of the companies and their'progress are most
gratifying.
These

INSURANCE IN 1880.

By using tlie charts which it is now the custom
Insurance Department to issue, we are able to present
nearly all the usual summarized particulars of

companies now

[Vol. XXXIL

CHRONICLE.

THE

482

The figures now cover the first eight months of
and give us a pretty safe basis upon which to
estimate the year’s total yield.
OVERLAND MOVEMENT TO MAY 1, 1881.
April’s gross movement has been large, reaching 82,083
bales, against 63,842 bales for the same'month of last year.
The month’s net movement also appears large, being 36,413
bales, against 23,942 bales last year, bringing up the total
net overland to 474,241 bales, against 540,402 bales to this
date in 1880.
The details for the eight months this year

May 1.

the season,

follows.

and last year are as

OVERLAND FROM

SEPTEMBER 1 TO 31 AY 1.

+ Decrease.

Increase.

comparison showrs readily the fact we have before
pointed out, that 1878 was the turning year in
ance depression, and that the business has since been on
the upward move.
In the premiums of 1879 there was a
decrease from 1878, but the dropping of three com¬

1880-81.

1879-80.

This

life insur

Since Sept. 1 shipped—
From St. Louis
Over

Receipts at Cincinnati by

surrendered and lapsed policies,
increase in expenses and taxes, are

Shipped to mills, not
Total gross

and

large
noticeable in 1880, as
and a strangely

the three great companies of this city.
encouraging expansion in new business done, is more
of this is in

The

than

business

paralleled by the equally encouraging decline in
dropped off, resulting for the first time in quite a number
of years in an increase in the net total left outstanding,
the

change between

1880 and 1879 in

this respect being

The following compares the past four
years in respect to the methods of termination, the amounts
of insurance (but not tlie number of policies) being stated

nearly 77 millions.

in thousands.
1880.

By-

Death

No.

.

Expiry

7,633
6,704

SuiT’dr 12,050
Lapse.. 18,718
Ch’nge 3,012
“

4

Amt.

taken ”

8,600

1879.
No.

21?443

7,359
13,426 7,92* >
37,453 18,224
42,787 23,305
10,050 3,695

Not

23,433

7,158

Atnt.

$
20,284

1878.
No.

Amt.

$
20,890
18,199

1877.
No.

54,257 25,805
54,067 32,090
12,501 5,6t3

72,489
78,936

21,178

7,804
4,433
33,681
44,470
4,907

7,494

19,597

10,751

16,434

19,062

7,655
8,515

Amt.

$
20,426
9,456
89,017
98,800
21,033

25,640

231,291 106,046 264,376
Total. 56,715 148,616 67,661 176,606 87,222




'

at New York, Boston, &c
Shipments between (or South from) Western

Receipts overland

in-

terior towns

Shipments inland (not

412,526
65,624
93,863
102,560

24,377
68,593
37,616
35,950

35,811
116,382
71,714
55,666

40,708
71,778
25,628
12,138

76,092
296

13,096

922,775 1,046,630

overland

376.615

433,064

10,659

4,480

836

5,800
3,496
50,282

othencise deducted) from—

Galveston

1,953
43,774

New Orleans

Mobile

-

708

Savannah

28

Charleston
North Carolina

growth of income over expenditure is very large,
is the addition to assets large ; more than one-half

so

Cincinnati Southern....

included above

Deduct—

compared with IS79.
The

Indianapolis

Over other routes

premiums, a decrease

for

Jeffersonville Madison &

Ohio & Mississippi Branch
Over Louisville Cincinnati & Lexington
Receipts at Cincinnati by Ohio River

of interest and
other receipts, a very large decrease in death losses, a de¬
crease in dividends, a very large decrease in amounts paid
increase of

Over

Louis

Over

report.
An

Over

Louis & Southeastern
Evansville & Terre Haute

Over St.

with

accustomed
complete

Mississippi River, above St.

Over the

that, and

panies from the list accounts for nearly one-half
the interest receipts showed an increase, which, however,
was not
sustained in 1880. But this is an unseparated
item, and the changes in “‘other receipts,” included
interest, prevent an exact comparison as respects the latter.
The average rate of interest yield, the composition of
assets, and some other analyses we have been
to give, must be deferred until publication of the

Illinois Central
& Vincennes

Over Cairo

331,059
37,126
102,350
135,452

ports

Virginia ports
Total to be

deducted

overland*
total includes shipments to Canada by rail,

Leaving total net
*
This
ber 1,1880,

amount to

The above is

20,819 bales.

5,165

979

9,532

7,391

449,534

506,228

474,241

540,402

which since Septem¬

somewhat encouraging for

the all-rail

during earlier months.
through St. Louis,
but also through Louisville.
Both points are gradually
working their gross total nearer to last year’s figures.
Of course, with a crop so much larger, this is not sur¬
prising; but at one time it looked as if the falling off,
notwithstanding the increased yield, would be much more

route, as it shows better results than
This is true not only of the movement

decided than now appears

probable.

AND SPINNERS’ TAKINGS.
has been indicated by our weekly statements,
RECEIPTS, EXPORTS

the
April port receipts are much larger than for the same
month of last year.
The excess on the first of April was
594,268 bales; this difference has been now increased, so
the first of May it reached 720,489 bales. Our
that
As

oh

usual table of

receipts, exports, &c.,

is as follows.

Mat

THE CHRONICLE.

7,1881.]

483
■■

-Jg-fr-.-y*

-

>1

II

|L

Exported since Sept. 1,1880, to—
Movement from Receipts
Sept. 1, 1880 since Sept.
Conti¬
Great
to
May 1,
Total.
1,1880. Britain.* France. nent.
1881.
265,861

627,590
14,960

Galveston
Indianola, &c

Savannah.

..

Brunsw’k, &c

Charleston

....

Royal,&c.

Ft.

Wilmington. ..
Moreh’d C,&c
Norfolk

City Point,&o
New York
Boston

492,273

165,143

60,299 193,767
9,630
1,444 11,222

419,209 20,366
49
37,470,
2,257
69,812

27,840
57,146

2,850

4,147

3i,550

84,324

144,825

318,341

145,562

87,401

1

34,916

89,864
47,355

21,158

51,312

102

25,736

305,956

12,501

434,215 181,664
87,402 10,535
111,022
9,591
47,457 11,085

5,359,356 2,392,963 486,131 984,088 3,863,182 592,990

Total

4,638,867 2,107,008 326,979 744,306 3,178,293 598,850
Great Britain exports include to tlie Channel.

Total 1879-80
*

37,866 259,473

298,959

Philadelp’a,&c.

77,535

401,245

194,934

660,317
203,095

Baltimore

Total marketed, as above
bales.
Interior stocks in excess of Sept. 1

5,086

20,265
926,963
4,855
599,846
49,919
114,204
29,770

..

91,050

May 1.

766,147 285,021 301,795 1,352,963 215,184
7,419
104,158 21,401
73,972 22,767

New Orleans.. 1,462,674
369,283
Mobile
x1 loricwv

44,334

1881.

•

Stocks

.

Total in sight

1880.

6,008,597
182,000

bales

5,329,269196,000’

6,190,597

5,525,260

This indicates that the increased movement up to this
date of the present year is 665,328 bales.
Hence, if therebe

to

further

gain in the amount received from
plantations for tlie remainder of the season, the crop evei*
then would reach 6,423,000 bales.
From present appear¬
ances, however, the future movement will add somewhatto this excess, and yet it does not now seem likely that the
total yield can be much, if any, in excess of 6£ million
bales, unless corrections prove larger than we anticipate.
The care we have taken to revise all our figures up to thisdate lead us to expect very small corrections this year.
were

no

WEIGHT OF BALES.
Using the facts disclosed by the foregoing statements,
We continue below our statement of the weight of bales.
we find that the portion of the crop which has reached
a market through the
outperts and overland, and the It may be well to say again that, for comparison, we are*
Southern consumption, since September 1, 1880 and 1879, compelled to retain in our table the weights for the whole
of last year, as in some instances we have found it quiteare as follows.
impossible to obtain returns for the same eight months of
1879-80.

|

1880-81.

5,359,356

Receipts at the ports to May 1
bales.
Net shipments overland during same time ....

474,241

1879-80.
4,638,867
540,402

Total receipts
bales.
Southern consumption since September 1

5,833,597
175,000

5,179,269

bales.

6,008,597

5,329,269

Total to May

1

Year End¬

Eight Months Ending May 1, 1881.

150,000

1880.
Number

of

Bales.

The increase in the

quantity marketed during the first

crop months of 1880-81 is
bales.
To determine the portion

eight

thus found to be 679,328

which has gone into the
hands of Northern spinners during the same period, we
have prepared the following.
Total

receipts to May 1, 1881, as above

Stock

ou

bales.

6,008,597

baud commencement of year (Sept. 1, 1830)—

ports
60,109
ports
77,310—137,419
At Providence, &c., Northern interior markets ..
3,999—

Texas

Alabama

369,283

Georgia*

852,083
648,765
863,412
143,974
1,025,856

South Carolina...

Virginia
North Carolina...

Tennessee,
*

supply to May 1, 1881
Of this supply there has boon oxportod
to foreign ports since Sept. 1, 1880 .. 3,863,182
Less foreign cotton included
5,177—3,858,005
Sent to Canada direct from West
20,319
Total

Burnt North and South

141.418

6,150,015

Taken by

takings by spinners since September l, 1880
Southern spinners

1,655,815
175,000

Taken by
Taken by

Northern spinners sinoe September 1, 1880
Northern spinners same time in 1879-80

1,480,815
1,449,000

Increase in

The

takings by Northern spinners this year, .bales.

above

31,815

spinners had up to
Their
1,480,815 bales.

that Northern

shows

May 1st taken out of this crop
purchases in April this year appear to have been somewhat
larger than during April last year. It should be remem¬
bered, however, that the total here given for Northern
spinners really covers all the crop taken by the North up
to this time, whether for cotton or woolen spindles, or for
upholstery work. Hence, exact deductions cannot be
made from these figures with regard to cotton spinning.
Without doubt, however, our spinners have been fully
employed during the year, the only u short time ” made being
the result of strikes and low water, the latter having been
quite a serious impediment.
AMOUNT

OF

CROP

NOW

IN

SIGHT.

In the

foregoing we have the number of bales which
already been marketed this year and last year. An
additional fact of interest is the total of the crop which
was in
sight on May 1. We reach that point by adding
to the above the stocks
remaining at that date at the
interior towns, less stock held by them at the beginning of
have

the

ae&fon.

years on




In this

manner we

May 1 to be

a#

shows

follows.

find the result for the two

Average

Founds.

Weight.

Average
Weight.

329,583,171
709,396,890
187,595,764
408,999,840
306,249,518
406,756,509
67,621,708
512,928,000

512-93

501-15

48500

47600*

503-00

509-89

48000

477*00

47205

46600

473-42

46800

469-68

47100

50000

490 00-

2,929,131,400

487-49

481-55

movement

up

to May 1

decrease in the average

weight as compared with;
April 1, the average on April 1 having been 491-96 lbs.,
per bale, against 487-49 lbs. per bale on May 1.
a

GOODS

TRADE

IN

APRIL.

active month, and in that respect thisproved no exception to the general rule; ancf
yet more goods have gone into consumption in April this
year than last year.
The snow storms since January had
so blockaded the freight movement, that interior stocks of
goods could not be replenished in previous months to theApril is

380,115—592,990
ports
&c., Northern interior markets..
14,504—4,494,200

Weight in

It will be noticed that the

THE

At Providence,
Total

Total
6,008,597
Including Florida.

7,882

,

Stock on hand end of month (May 1,1881)—
At Northern ports
212,975
At Southern

642,550
1,462,674

Louisiana

At Northern

At Southern

ing Sept. 1*

season

never an

has

usual extent,
the declining

while the increased cotton

estimates and
tendency of the raw material tended to make
purchasers of goods confine themselves to the neces¬
sities of the moment; hence, the demand, though notactive, is still kept up, and is likely to extend into later*
months. The truth is, that actual consumption is very large,,
while interior merchants have, as stated, been buying in a
hand-to-mouth way, and have small supplies; by the timethe autumn trade begins, this condition is not unlikely todevelope into extreme activity, for the capacity of Northern
spindles to manufacture goods is limited.
A further*
favorable influence on the market is the active export
movement in progress, which as cotton declines naturally
increases, for reasons well known to our readers. Prices
opened in April about the same as at the close of March,
but after the first ten

crop

days standard sheetings were re¬
^c., and a weakening tendency was developed in
low-grade bleached goods, which culminated in a general
decline on such fabrics.
This settling of values, however,
is in conformity to the lower prices for cotton which have
ruled in late months, though the decline in goods is not
by any means equivalent to the decline in cotton. For
instance, standard sheetings were 8£c. when low middlingcotton was 11 9-10t.; and they are still Sc., with cotton at
duced

THE CHRONICLE,

484
Of

15-16c.

9

their cotton at

course,

however, spinners did not

present prices.

c

1879.

1830.

.1881.

Print- SheetCott’n Print- Sheet CoWn Print- Sheet- Co'Vn
low
loiv
ings,
inn
ing
low
inq ings,
ings,
mid- cloths, standmid- cloths, stand- m id- cloths. stand
64x64 ard.
dling. 61x64 ard. dling. 64x64 ard. dling.

Apbil.

8*2
8*2

313ifr

1
2

3%‘'

915ig

8.

8.

ioq6
10116
ldie

34*
3%
334
3%
3%
3%

8*2
8*2
8*2
8*2
8*2

3.
lOiift

8.
3%

1018'

30*16

10*8
1018

378
378
3"s
37e

3

8.

4
5
6
7
8
9
10
11

91516
10
10

12
13
14
15
16
17
18.:
19
20
21
22
23
24

lay in

..

H’day

H’day

8.

8.

37e
37r
37r
3ih6
30*16

1018
1 O' 16

LO
10

to

30*,,.

-LO

8.

8.

313,6
31316

LO
10
LO
LO

25....:
26
27
28

29..;

91516

30

915ig

334
334
3%
334

8 *2
8.
8
8
8
8
8
8
8.
8
8
8
8
8
8
8.
8
8
8
8
8
8

558
55g
559

1238
1238
125s

10® ,8

94
9*4
914

87

8.

8.

12 *2

5®8
55s
538

914
914
9*4
914 ’
9*4
9*4

1238
12*4
1214

53s

12

Ll78
87
1113,.
11%
LIL3
11*2
1 1*2
llig

538
53g
S.

8.

53r
53a

914
9*4
9*4
914
914
9*4

5»8

53g
514
514

S.

8.

8.

Ll^a
1138

014
514

119,6

5
5

9*4
9*4
9*4
9*4
9*4
9*4

11 *2
11 3q

5
5

1138

8.

s.

11710

5

11 '10

5

11
1 1

5
5
5

~1G

11716

S.

9*4
9*4
9*4
9*4
9*4

107ift
101*16
10*3,0
10*3ih

3*g
3*2
3*s

3*s
3*s
8.

s.

10*316
10*3,6
10*5H}
11*16
H’day
H’day

7*2
7*2
712
7*2
7*2
8.

35s
338
330
33s
350

7*2
7*2
7*2
7*2
7*2
7*2

8.

8.

35s
358
33*
3%
3%
3%

7*2
7*2
7*2
7*2
7*2
7*2

8.

s.

33i
334
378

7*2

35s

8.

115,6

lFhs

11518
11*2

119,6
Ills
8.

113,6
1 13,s

115,6
1 15,6
115,6
H°16

37s
378

37s

11°16

37r
376
378

immense volume of

8
8
8

stocks which they were known to be

carrying. Some stocks were notably weak, in exception
to the general rule, and the elevated railroads in New
York made a large decline,
Exchange grew steadily stronger and advanced about
2@2£ points in the prices of sterling bills. This virtually
terminated the shipments of specie from Europe, although
that which had previously been ordered continued to
arrive.

the Stock Exchange, compared

The total transactions at

with

previous months, were as follows :
Mar.

Feb.

Jan.

$2,084,600

$3,004,200

$4,692,000

2,490,800
42,042,150

2,258,500
33,762,290

20.114 320

Railroad bonds

973,600
58,195,860

1,087*

664

539

~97l

12,132,323

10,839,765

8,186,655

Bank stocks.. .shares
Railroads. <fcc.,
“

$2,713,10(>

13,001,871

upland at New York;
sheetings, agents’ prices,
cent.

following summary shows the condition of the
New York Clearing House banks, rate of foreign ex¬
change, and prices of leading securities and articles of
on

about the 1st of May in 1879

or

1880 and 1881:
STATISTICAL SUMMARY ON

OR ABOUT MAY

New York Citg Banks—
Loans and discounts

1, 1879, 1830 AND 1881.

APRIL.

uncertainty,
pending the decision of the Secretary of the Treasury
regarding the policy to be pursued in funding the bonds
maturing in 1881. His decision was announced, and his
In the

early part of April there was some

April 11, notifying the holders
that their bonds would be paid off when

circular issued under date of
of the sixes of 1S81

Treasury
"before May .10 that they would extend the bonds (payable
any time at the option of the Government) at 3| per cent
interest. This plan of Secretary "Windom met with a
hearty approval, except from some of the bitter opponents
in politics ; and the prices of U. S. 4 and 4-J- per cents
advanced to the highest prices ever made.
The new 3£
per cent bonds, popularly called “Windoms,” sold at the
close of April about 101, bearing no interest until
due,

on

July 1, unless they gave notice to the

July 1.

69,289,400

$

Legal tenders

$

Legal reserve
Reserve held

$
$

$

Surplus
Moneg, Exchange, Silver—
Cali loans

18,516,200

49,406.500

18,600,100

20.646.200

15,784,700
73,634.075
85,074.100
11,440,0-5

63,143,050
66,420.5o0
3,277,450

19,683,100
294,536,300 252,572.200 214,331,706

$

Circulation
Net deposits

17,014,000

United States Bonds—
6s, 1881, coupon
6s, currency, 1898
5s, 1881, coupon
4*os, 1891, coupon
4s of 1907, coupon
Railroad Stocks—
New York Central & Hud.

10334

106*8

133

125
104
108 78

136*4
113*4
118*8
97*4

4

107*2
124*4
10378
10978
10178
11750
26*8
72*4
78 7s
130*4
855g
58*2
41*8
51%

130*8
4334
107*4
8938
192*2
10530

137

Chicago & Northwestern, com.
Chicago Milw. & St. Paul, com.
Delaware Lack.
Western
Central of New Jersey

3® 4

50*8d.
86*4® 4 87

107*2

47*8
126*2
10850

Illinois Central

14,373,7 75
3®3*s

4 85®4 86

145

Michigan Central
Chicago Rock Island & Pacific

67.956,700

52*8(1.

IOISq
11450
116*8

Riv.
L. E. & W.)
Mich. Southern.

49,440,500
53,582,925

4®6
5® 6

3 &6

4®4*s
Prime paper, sixty days
51 %d.
Silver in Loudon, per oz
Prime sterling l)ills, 60 days.. 4 83®4 83*2

Erie (N. Y.
Lake Shore

1879.

1880.

$ 304,435.200 280.436,300 239,357,800

$

Specie

FINANCIAL REVIEW OF

34,237,860

The

1881.
The above prices are—For cotton, low middling
for printing cloths, manufacturers’ prices; for
which are subject to an average discount of 5 per

Apr.

U.8. Govermn’t bonds

merchandise,
8.

8/

s.

H°1G
11716

8
8
8
8
8

[VOL. XXXII.

935a
7758
86*8

125

43
76%
Merchandise—
1178
1050
ll™ie
Cotton, Middl’g Uplands.$ 1b.
28®33
50®56
34 a)41
Wool, American XX
^ 1b.
28 00®3100 18 50® 19 00
21 @25
Iron, Amer. pig, No. l..<$ ton.
1 27*s® 1 28 1 14*2® 1 15
Wheat, No. 2 red win.$ bush. 1 25*s@ 1 26
42® 44
51® 53
62*s
Corn, Western mixed.bush.
10 90 ®11 00 10 15®10 25
17 75
Pork, mess
$ bbl.

BANK MOVEMENTS IN APRIL.

NEW YO Rlv CITY

the New York City Clearing House
banks in each week of April were as follows :
The statements of

After the

first week of

April

money

worked quite

bond dealers were
cent on call, while stock¬
cent, and sometimes 6 per

easily, and after the 20th Government

New York City
Bank Statements.

abundantly supplied at 3 per

disc’ts. $300,28M,100 $305,244,400 $306,383,400 $305,717,000 $304,435,200
62.8 lw, 300
06.804.200
69,289,400
60,429,600
t. 57.611,000
18,600,100
16,830,200
17.217.40C
10,709.000
16.713.500
Circulation
275,495.400 282,788,500 2M8,*21,100 292.653.000 294,536,300
Net deposits
15,784.700
13,428,600
14.418,200
12.710.500
12,472,700
Legal tenders
$08,873,850 $70,697,125 $72,205,275 $73,163,250 $73,634 075
Legal reserve
85,074,100
81,222.400
76,247.000
70.321.500
72,902.300
Reserve held
$4,012,0*5
$8 059,150 $11,440,025
$2,205,175
$1,447,650
Surplus
8© 5
8(3)6
4(3)6
3^®6
4@0k
Range of call lo’ns
4h»@5
5© 6
5(3.5^
5 <3>
Prime paper

brokers

usually paid 4@5 per

cent.

April 30.

April 23.

Loans and

Specie

'

.

active speculation in State bonds after
Legislature passed the law for settling
a
its debt with
3 per cent, 99-year bond, and the lowpriced bonds
of the Southern list showed great
animation for a few days, and a large amount of bonds
changed hands, of which a considerable part was on pur¬
chases for foreign account. The general list of speculative
stocks was increasing in strength during the month, and a
good part of the bear interest was covered. The opinions
gradually changed, and there was much less confidence in
any large decline in the market this spring, but on the
contrary, the great success of the cliques which had been
holding up particular stocks, especially St. Paul, Western
Union Telegraph, and the southwestern railroad stocks,
gave rise to the belief that a still further advance would
be attempted to enable the heavy operators to unload the
There

April 16.

April 9.

April 2.

was a

the Tennessee




very

•

*

Plus 1-16 per

day.

CLOSING PRICES OF

GOVERNMENT SECURITIES IN APRIL,

1881.

6s,
49,
4*29,
09,
6.9,
Apr. 1881, 1881, 1891 1907, Cur.,

6s,
49,
5.9,
4*29,
69,
Apr. 1881, 1881. 1891, 1907, Cur.,

1
102*8 11278 xll4 133
11350
2
8. "
3
102
11250
4
1137e
ft..
102*8
6..
7..
11278
102*8 11270 ii‘4
8
9
S.
10.
114*8
11.. 1023s 102%
113*2
12
102*2 102-50
11378
13
10278 10250
114
103
14
10250
Holid ay....
15
102 7s
16
S.
17..

19..
20..
102 70
21..
22..
23
1027e
24..
25
I027e
26..
27
10378 102%

coup. coiip. coup. coup. 1898.

coup. coup. coup. coup. 1898.

..

..

..

..

114%

11478
114%
115

.

..

..

..

..

28

..

29..
30..

..

8.

115*8
115*4
11530

11578
116*8
102 7e 11430 116*4

..

Open 10238 102*8 1127e xll4 133
High I037s 10278 11430 116*4 133

..

a

..

•

18

102%

•

11450

.

.

•

.

.

.

Low.

Clos.

11250 113*2 133
10230 102
1O370 1O270 11430 116*4 133

THE

7,1881.J

Mat

AND U.8.

CON8OL8

CLOSING PRICES OP

SECURITIES AT LONDON IN APRIL.

April.

April.

...3
...4
...5
...6
...7
..8

100316
100»16

1054 1164 117% 20.
1054 1164 117% 21.

1003l6

1054 1164

8.
105

100%

1054
looihc 1054
lOODifi 1054
10014 c 1054

1004fi

9...
10...
11...
12...

i 17 4

1174
117%
1174
1174
1164 1174

1164
1164
1164
1164

8.
105 % 1164 117%

22.
23.
24.
25.
26.
27.
28.
29.
30.

Frid ay...

Good

..

Lowest

10014c 1044 116% 117% Closing
8.

18^1.

lOOHirt
1001316
101ii6
101®i^

104% 1164
104% 116%
104% 116%
104% 116%

101716
1014a
1014a
10l»i«.
ion4c
1011316

104%
104%
1044
104%
104%
1044

4s of
1907.

1184
1184
1184
1L8%

116%
116%
116%
116%
1174
117%

118%
118%
1184
118%
118%
1181%

1003 ig

x04% 116% 1174

I0113ie x044 117% 118%

.

Lowest

.

101

pie

98uie

1054 117% 118%
103
1144 115%

following table will show the lowest, highest and clos¬

ing prices of railway and miscellaneous stocks at the New
Stock Exchange during the months of March and April:

York

-

Feb. 28. Low.

RAILROADS.

Albany A Susq’hanna
Bos. A N. Y. Air-L. pf
Buff. Pittsb. A West.
Burl. Ced. Rap. & No,

69
78

Canada Southern
Cedar Falls A Minn
Central of N. Jersey.
Central Pacific
Ches. & Ohio

103

lstpref.

31

—

.

120
46
39
69
76
20

tl22

20%

96%

83%

84%
234

March
123

*121
46
48%
39
76
t75

834
27
109

89%
26%

81%

106

114%xlll%

12034

1213a
134%
133%

119

126
*120%
125% 124
138
x!364
136% 136%
75
73%

Do

pref.

Do

pref.

Cin. San. & Clev
Clev. Col. Cin. & Ind.
Clev. & Pittsb., guar.
Col. Chic. & lud.Cent.

13134
130
56

57

43

404
96%

98

42

85

85
129%
22%

••••••

23%

70

Danbury & Norwalk.
Del. Lack. A West’m.
Denver & R. Grande

Dubuque & Sioux C..
Flint A P. Mar. pref.

119%

117%

99%
180

98
79

89%
51%

Hannibal A St. Jo
55
Do
pref. 1014
Houst. & Tex, c«ut..
66%
Illinois Central
: xl30
Indiana Bl. & West...
Do
do
new
Int. A Gt. Northern.
Keok. A Des Moines.
Do
pref..
Lake Erie A West
52%
Lake Shore
1243s
33
Louisiana A Mo.Riv.
Louisville A Nashv..
86
Louisv. N. A. A Chic.

96

65%
129%
60

......

Manhattan
Manhattan Beach Co.
Mar’tta A Cin. 1st pf.
Do

2d pf.

67
14
43

50%

123%
20

85%
70

36%
34

10%

11%

7
42

7
T

Metropolitan Elev...

1164

111%

Michigan Central....

1124

108%

Mil. L. Sh. A W. pref.
Mo. Kaus. A Texas
Mobile A Ohio
Moms A Essex
Nashv. Chatt. A St. L.
N. Y. Cent, A Hud. R.
New York Elevated
N. Y. Lake Erie A W.
..

.

Do
N.Y.N. H,

pref.

„r

42
42 s4

42%
20%

20%
120
81

119
72

1444x142%
125
47

123%
45%
84

853s

A Hartf’rd *175
N. Y. Ontario AW...
+354
Northern Pacific
44%
Do
pref.
68%

Ohio Central
Ohio A Mississippi...
Do

1644
33%
37%
66
28

28%
414

41%
1044

pref.

Panama

225

Peo. Decat. A E’ville.
Phila. A Reading

3538
634

35%
574

Pittsb.Ft.W.AC.guar.

131%

Renssel’rA Saratoga.

Rochester A Pittsb..
Rome Wat. A Ogdens.
St. L. Alton A T. H..

131

25%
40

Do
pref. x!20
wt.L.l.Mt. A So.,assd.
57%
St. L. A S. Francisco.
42

Do
pref.
Do
1st pref.
St. Paul A Dulutn
...

c*

t,

D,°.

*61%
91%
«•••••

Pref.

.

St. Paul Minn. A Man

Texas A Pacific

Delphos
Tjpl.
Union

52%

& Bur..

Pacific
X1144
Wab. St. L. A Pacific.
4338
Do
pref. x83%
Telegraph.
American District...
68%

American Union
*

Prices bid.




72

63

90%
1324
26%

43

1004
60%
87%
132

25%

132
145
162
90
108

119%
1194
131%
132%
73

40%
93%
58
85
132

22%

40

119%
.

58
39

62%
93%
38
70
91
53

23
113

44%

145

166%
90

113%
126%
124%

165
t90

113%
126%
124%

3 37

137

138%
77%
43%

1364

1004

98

65
90 34

75%
*41%

624
86%

132% *133%
26

24

71%
x!22%xll5% xl23 xl!8%
108%xl07% 101% 108% 106%
t82
80% tso
76%
76%

106%

59%

105%
69%
137%
83

59%
1044

68%
136%
83

564
100
67
133
82
69

69
19
43

17%
48

59%
105

744
138%
100%
50%
91%

175

173

38%

36%

32%

51
76

42%

384
68%

34%

72
31

46%

44%

110
228
42
71
134
131
26
48
133

65%
43
66

96%

39%
63%
132

47

129%
65%
*41
63
*95

1363s

614

72

71%

80%

64%

713s
29%
43%
106

129

140
31

284
574

294
55%
128

66%

40
62

46

64%
45%

68

68

114

984
39%

83
91

48%

86%

92

x52
78

f Ex privilege.

984

843s

42%

x68
80

1134

1173s

116ia
814

77

78ia

82%

Express.
131
68
*54
*117

128
68

133

55%

116%

73

57

58%

1194

113

119% *118

*129

132
80
64

128%
72%

*1284

734

78%
*61%
1.18%

Coal and Mining.
Cameron Coal
Caribou Consol. Min..
Cent. Arizona Min
Colorado Coal A Iron

‘i%

*2%

54
5634

564

Consolidation Coal...
Cum. A Elk L’k Coal.

38%

38%

10
5 1

11
6
28

...

47

Dead wood Mining...
Excelsior Mining....
Homcstake Mining
Leadvillo Mining....
Little Pittsb’g Min..

.

.

„

.

c

28

..

27%

.

.

•

23

..

274
56%
35%

241%

......

13

14%

Do
pref.
Silver Clift Mining ..
Standard Cons. Min’g

60%
4%

Stormont Mining....
Various.
Canton
Cent.of N. J. L’d Imp.
Del. A Hud. Canal...
N. Y. A Texas Land.

*50

60
35

62
35

106%

1154

1074
*34
175

Oreg’n R’y A Nav.Co.
Pacific Mail
54%
Pullman Palace Car. *131
1
Sutro Tunuel

10%
5

*5

25%

26%

*24%

30
3

30

3%
*3
*5

-

53%
138
1

,

3%
9

44
6
27
26

27
29

56%
36%

56%
37%

15%
62%
5

23%
2
60

32%

8

37%

240
20
68
7
25
4

x240

61
36

60
*35

18%
24

34

......

109%
139

158

135

57%

45%

524

145

1454x131

2

2%

1%

1%

*3%
6%
*27%
27%

112%

107

55%

59%
1464
1%

*9%

9%

240

35
112
*33
+150

36
186

t Prices asked.

Prices hid.

9
5

......

36
+148

*4%
54%

584
37

*10
*5
*26

364 *35
241% *225
15
15%
63%
62%
5%
4%
26%
24%
24

23%
2

534

*26

x24%
1%

*2

5

31

7
30
32
57

25

•

3%

*35

44
5%

5%
.

New Central Coal.
N.Y & Straitsv. C.AI.
Ontario Silver Min’g.

*

3
3

44

Mariposa L’d A Min.
Do
pref..
Maryland Coal

”

438

5

40

25

25
2

...

24
4%
46%
3734

i Ex privilege.

BANKERS’ STERLING EXCHANGE (POSTED RATES) FOR APRIL, 1881.

April.

dags.

De¬
mand

1....
2....
3....
4....
5....
6....
7....
8....
9...
10
11....
12....

4-81%
4-81%

4*84
4*84

60

S.

....

....

4-81%
4*81%
4*81%
4-81%

4-84
4-84

4-82

4*84%
4*84%

4-82

4*84
4*84

4-82
4*82

13....
14....
15....
16....
17....
18....
19....

20.....
21....
22....
23....

s.

...

60

April.

4*84%
4*84%

De¬
mand.

days.
4*32
4*82

4*81%
4*84%

Good Friday.
4*84 %
4*82
S.
4*82
4*84%
4*82
4*84%

..

,

.

.

.

„

,

4*82
4*82

4*84%
4*84%

4*82%
4*82%

4*85
4*85

De¬
mand.

60

a

April.

days.
s.

24
25....
26....
27....

...

4*83

28....

4*83%
4*83%
4*83%

29....
30....

4*84
4*84

4*85%
4*86
4*86

4*86
4*86
4*86

Range
High 4*84
—

Low.

4*86
4*84

4*81%

THE DEBT STATEMENT FOR

APRIL, 1881.
The following is the official statement of the public debt as it
appears from the books and Treasurer’s returns at the clo3e of
business

on

the last day of April, 1881:
INTEREST-BEARING

Character

Author¬

When

of Issue.

izing Act.

Payable.

6s,Or.War.. Mar. 2,’61
6s of 1881.. July 17,’61
6s of 1881.. Mar. 3,’63
5s of 1881.. July 14,’70
4%s of 1891 July 14,’70

July

DEBT.

Outstanding.

Amount

Inter st Periods.

Registered.

1,’81 J.AJ.

Coupon.

”

June 30, ’81 J.AJ.
June30, ’SI J.AJ.

109.338,600
45,600,250

May 1, ’81 Q.-F.
Sept. 1, ’91 Q.-M.
4s of 1907.. July 14,’70 July 1,1907 Q.-J.

327,955,350
178,307,000
539,066,900

$688,200
30,706,050
9,545,500
128,067,609
71,693,000
199,555,860

$1,200,763,100 $440,256,150
48, ref. ctfs. Feb. 26,’79
3s,uavyp.fd July 23,’68

•

$72 5.100

14,000,000

Aggregate of interest-hearing debt—

$1,655,749,350

On the above issues of bonds there is a total of
over-due and not yet called for. The total current
date is $14,107,351.

$2,710,492 interest

accrued interest to
MATURITY.

There is a total of over-due debt yet outstanding, which has never
been presented for payment, of $5,704,865 principal and $730,740
interest. Of this interest, $586,886 is on the principal of called bonds,
which principal is as follows: 5-20s of 1862, $374,550; do 1864,

$64,850; do 1865, $77,350; consols of 1865, $491,450; do 1867,
SI,547,250; do 1868, $149,650; 10-408 of 1864, $1,131,250; 3’a certs.,

$5,000.
DEBT BEARING NO INTEREST.

Character

Authorising Act.

of Issue.

Amount.

....

92

634
28
121%

1143s

814

DEBT ON WHICH INTEREST HAS CEASED SINCE

38%

624

26

46%
89%

34%

125

56

X1204

258
40

150
11-8

*42

65%
534
132% *131

91
54

48

44%
106%

*

178

51
129
140
26
25
43

734

124

90%

36%

95
36
73

92

58%
344

40%
102
237

39%

734

28

46%
75%
314

April.

58%

19
43
54

180
38

,

104
70

53
58%
45%
133% xl31% xl22% xl31% xl26%
35
25
24%
27%
27%
95
9134
90% 101% 101
73
68
80
80%
39
42%
214
234
38%
42
43
41%
58% *554
12
22
22
12%
12%
7%
7%
14%
74
14%
42
42
57%
574
122% 115%
85% 116
884
114% xll3% x!034 xll3% xl08%
45%
44%
44%
524
51%
46
43
45
47%
47%
30 34
26%
26%
24%
3038
123
122% 122% 120% 3 24
102
73
76
86
84%
145
148% x!46% 140% 147
107%
127% *124% 105% 125
44%
49%
48%
48%
474
84
89
.87%
904
884

180

150
104

77%

Adams
American
United States

91

43%
83%

t Prices asked.

89

97%
86%
26%

73
131

49%

36%

Memphis A Cha’ston.

464
1034

103%

134%

106
120

Chic. A Rock Isl., new
Chic. St.L. & N.OrPns
Chic. St.P. Minn.& O.

75%

24

140%

Chic. A East. Ill
Chic. Mil. A St. Paul.

pref.

81%

20

43
33

16S

Do

71%

33

169%

Chic. A Northwest...

72

23%

161%

334

43%

72%

26%

144
141

45

45
42
70

123
48

24
40

x!35
Chicago A Alton
Do
pref. *130
Chic. Burl. A Quincy. 163 3*

24%

122%

924
83%

33
141
141

2d pref.

-April.High. Apr. 30.

102%
83%
26%
44%

23
34
25
136
140

Do
Do

Low.

42

Quicksilver Mining..

A

High. Mar. 31.

Atlantic A Pacific....

Peunsvlvania Coal...

RANGE OF STOCKS IN MARCH AND APRIL.

-s

High. Mar.31. Low. High. Apr. 30.
42 78
46%
46
48
t47
48

Gold & Stock
Western Union
Do
ex-cert ifs

Wells, Fargo A Co....

8.

1003,6 105 4 116% 117%
1011316 1054 117% 118%

.

Highest.

.

The

4 %s

S’ee Jan. 1

Holi day..
10014« 104% 116% 118

19...

5 s of
1881.

s

o*v®

iooi4c
1009l6 105% 1164 1174
100916 x04% 1164 117% Opening
10014c 1044 1164 117% Highest.

..31
...41
...51
...61
...71
..81

&
©

March.

/

Feb. 28. Lotc.

Telegraph.

3

1...
2...

485

CHRONLOLE

61%
26

117%

47%
x88%

x58%
t90

Old demand notes

....

Legal-tender notes
Certificates of deposit

July 17, ’61; Feb. 12, ’62
Feb. 25, ’62; July 11, 62; Mar. 3,’63
Tnr»o «

"79.

Murp.h 3. ’63
r+nld p.p.rti fi p.atp.H
Silver certificates.... February 28,

Fractional currency

^

Less amt. est’d lost or

’78
July 17, ’62; Mar. 3,
$15,490,980
’63; June 30, ’64 j
8,375,934
destr’yed, act J’e 21,’71 >

Aggregate of debt bearing

no

interest...

Unclaimed Pacific Rai Iroad interest

$60,630
346,881,616

8,295,000
5,962,600
50,680,140
7,115,046

$418,794,432
6,656

THE CHRONICLE.

486

xxxn,

fvoL
—

■—

J
j

Monetary;! Commercial English Rems

RECAPITULATION.
Amount

Interest.

Outstanding.
Interest-bearing debt
Bonds
Bonds
Bonds
Bonds

EXCHANGE AT LONDON AND ON LONDON

RATES OF

AT LATEST DATES.
-

$196,378,600

at 6 per cent
at 5 per cent
at 4^ per cent
at 4 per cent

EXCHANGE AT LONDON—Apr. 24.

456.022,950
250,000,000
738.622,700
725,100
14,000,000

Refunding certificates
Navy pension fund

Amsterdam

$1,655,749,350

Total interest-bearing debt

Total debt bearing no interest...
Unclaimed Pacific Railroad interest

730,740

5,704,865

Debt on which int.has ceas'd since maVrity
Debt bearing no interest—
Old demand and legal-tender notes
Certificates of deposit
Gold and silver certificates.:
Fractional currency

....

Hamburg

...

Berlin
Fraukfort...

346,741,646
8,295,000
56,642,740
7,115,046

Copenhagen.
St.Peters’bg.

$418,794,432

6,656

$17,555,241
$2,080,248,648
$2,097,803,839
debt, principal and interest, to date

Total

Total
Total cash in Treasury.

233,731,195

a

@24

24%

Paris

Short.

25,271a@25-35

Paris

3

25‘55
11-95

mos.
44

Vienna
Madrid

44

a

Genoa

Decrease of debt during the
Decrease of debt since June

Bombay

$9,690,900
78,099,601

past month.
30, 1880

1215

April 24 Short.
April 24
April 24

20-50
20-50
20-50

4*

44

.....

....

.....

....

'

April 24 Short.

25-31

Short.

117-30

25-45

mos.

5214@52

....

Is.
Is.

60 days
it

....

Hong Kong..
Shanghai....

•

•

«

April
April
April
April

7i516d.
7i>>i6d.

•

....

.

5,704,865

97q

24
24
24
24

4

4 81
is. 8qd.

mos.
44

*6d.

44

3s. 9*2d.
52d.

44

[From our own correspondent. |

730,740

Cold and silver certificates
U. 8. notes held for redemption of certificates of
Cash balance available May 1,1881

Short.

April 21 3 mos.
April 24 Short.

$2,710,492
ceased

April 24

April 24

New York...
Calcutta

Rate.

@26*22*2 April 24 3

26-15

a

Lisbon

Time.

475s@4738
475q@4738

*4

Ca,d i z

Latest
Date.

c

@25-60
@1200

Alexandria..

$1,864,072,693
1,873,763,593

Debt, less cash in Treasury, May 1, 1881..
Debt, less cash in Treasury, April 1, 1881.

Current Liabilities—
Interest due and unpaid
Debt on which interest has
Interest thereon

3 mos. 12,412 @12-5
Short. 12-2*2 @12-3Ls
a) 25-60
3 mos. 25*55
a
2066 @20"69
it
20-66 @20-69
a
20-60
@20 69
u
18*40 @18-45

.

Amsterdam
Brussels

$16,817,844

Rate.

Time.

On—

EXCHANGE ON LONDON.

London, Saturday, April 23, 1881.

56,642,740
8,295,000

Owing to the holidays there has been a great want of anima¬
departments of business the past week. No feature of
$233,731,195
Total
;
any
importance
has manifested itself, but the tone on the
Available Assets—
$233,731,195 Stock Exchange has been rather dull. This is due chiefly to
Cash in the Treasury
the fact that some anxiety exists with regard to the condition
BONDS ISSUED TO THE PACIFIC RAILWAY COMPANIES.
of speculation both in Paris and New York. The only draw¬
INTEREST PAYABLE BY TIIE UNITED STATES.
back to the weather is that, after a long period of drought, rain
Balance of
Interest
is wanted for the newly-sown crops, especially for those on
Interest paid
Amount
Character of
repaid by, interest paid
Issue.
by TJ. S.
outstanding.
by TJ. S.
transportaVn
light and upland soils. For the purposes of pleasure, except
that the wind has been cold, the weather has been all that
$15,486,311
$3,435,203
Central Pacific
$25,885,120 $19,569,787
2,649,682 could be desired.
2,534,200
5,183,883
6,303,000
Kansas Pacific
Although the traffic receipts for last
8,063,711 12,808,661
20,872,373
Union Pacific....
27,236,512
1,217,655
week
show
an
increase
of £62,279 compared with last year,
85,225
1,309,808
1,600,000
Central Br., U. P.
1,363,297
9,367
1,372,664
Western Pacific..
1,970,560
119,660
1,100,388 there has been no buoyancy in the railway market, prices
1,220,049
Bioux City & Pac.
1,628,320
having rather receded than advanced. There is evidently a
Total
$64,623,512 $49,528,566 $14,247,370 $34,625,997
renewed spirit of caution prevailing, as, inaddition to the anxiety
The Pacific Railroad bonds are all issued under the acts of July 1,
which exists with regard to the state of speculation abroad, the
1862, and July 2, 1864; they are registered bonds in the denominations
commitments of the British public in connection with loans
-of $1,000, $5,000 and $10,000; bear 6 per cent interest in currency,
payable January 1 and July 1, and mature 30 jrears from their date. "
and public companies are already very heavy, and must influ¬
ence, or contract, investments in older securities.
Consols,
however, continue very firm and are quoted at 101%, and there
united states treasury statement
are no indications of any relapse taking place.
Tlie following statement, from tlie office of the Treasurer, for
The demand for money during the week has been upon a
Maj, was issued this week.
It is based upon the actual very moderate scale, but the rates of discount have been toler¬
returns from Assistant Treasurers, depositaries and superintend- ably firm at about 2% per cent for three months’ bills. The
•ents of mints and assay offices :
supply of mercantile paper is very limited, and no immediate
LIABILITIES, MAY 2, 1881.
change in the value of money is expected to take place. The
Post-office Department account
$3,051,873 Bank has received a fair quantity of gold from Australia, but
Disbursing officers’ balances
19,417,744 there is only a small increase in the supply of bullion, a large
Fund for redemption of notes of national banks “failed,” “ in
liquidation,” and “reducing circulation”
35,413,349 amount of coin having been required for holiday purposes.
Undistributed assets of failed national banks
536,399
Jive per cent fund for redemption of national bank notes..
15,019,094 The increase in the reserve amounts to £989,546, there being an
Fund for redemption of national bank gold notes
415,400 additional issue of £750,000 in notes against Government
Currency and minor-coin redemption account
5,129
Fractional silver-coin redemption account
95,645 securities. The proportion of reserve to liabilities is now 4813
Interest account
25,233
Interest account, Pacific Railroads and L. & P. Canal Co
20,360 per cent, against 43*64 per cent last week. The following are
Treasurer U. S., agent for paying interest on D. C. bonds
290,285 the present quotations for money :
Treasurer’s transfer checks and drafts outstanding
7,031,764
Treasurer’s general accountPer cent. Open market rates—
Per cent.
interest due and unpaid.
4 months’ bank bills
2^®2%
$8,417,436
Bank rate
3
deposit.

159,647,357

tion in all

..

..

£

Matured bonds and interest
Called bonds and interest
Old debt
Gold certificates
Silver certificates
Certificates of deposit

Balance, including bullion fund
Total Treasurer’s general account
Less unavailable funds

902,124
$4,728,236
805,244
5,962,600
50,680,140

Open-market, rates—
30 and 60 days’ bills

allowed by the joint-stock
discount houses for deposits are as follows:
The rates of interest

8,295,000
154,640,688

$234,431,469

700,274— $233,731,195

2, 1881.

Cold coin
Cold bullion
Standard silver dollars
Fractional silver coin
Silver bullion
Gold certificates
Sliver certificates
United States notes
National bank notes
National bank gold notes
Fractional currency

Deposits held by national bank depositaries
Nickel and minor coin
New York and San Francisco exchange
One and two-year notes, &c
Redeemed certificates of deposit, June 8,1872
Quarterly interest checks and coin coupons paid
Interest

on

District of Columbia bonds

Speaker’s certificates




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

Joint-stock banks
Discount houses at call
do
with 7

158,300
52,796
12,445,775
725,138

2,190,500
52
40,000

Bank of

or

£

14 days’ notice

a

statement showing the present

sols, the average quotation
middling upland cotton, of

for English wheat, the price of
No. 40 mule twist, fair second

quality, and the Bankers’ Clearing
with the three previous years.
1881.

Circulation, excluding
bank post bills
Public deposits
Other deposits

26,524,710
7,135,779
24,832,812
14,989,837
19,365,421

119,123

Proportion of assets

.

both departments
to liabilities

..

House return,

1880.

26,283,151

4813

27,114,410
6,355,238

26,627,370
15,962,730
18,822,642
16,160,749

compared

1879.
£

£

318,950

$315,053,475

Per cent.

-2

Governm't securities
Other securities
Res’ve of notes & coin. 15,508,441
Coin and bullion in

407

banks and

position of the
England, the Bank rate of discount, the price of con¬

Annexed is

$73,178,856
97,140,898
58,044.826
26,493,612
3,863,582
1,400
11,522,208
22,927,086
5,829.959

2 ^@2 3*
3 @31a

2*2

3 months’ bills

$315,053,475
ASSETS, MAY

2% 2* 2^

29,032,650
6,599,98 4

32,392,567
14,906,861
22,377,047

1,035

,587
,201

’.488

19,738,155

28,275,159 33,770,805 22,763,582
48*56

5019

May 7,

£

Mia.

3 p. c.

3 p. c.

98%
47s. lid.

101^8
44s. 9d.

price.

Upland cotton...

Is.

lOd.

Ohd.

No.40 Mule twist...
Clear’g-liouse return. 82,773,000 136,434,000

515,od.

^d.

9

109,587,000 65,088,000

much doing in gold for export to the
during the week, but a portion of the arrival

not been

There has

United States
from

*

3 p. c.
95 78
51s. lid.

6^d.
9%d.

6l5is(L

5i516d.

£

£
2 p. c.
99
41s. 2d.

£

purchased for New York. Silver has

Australia has been

1879-80.

1880-1.

1878.

1879.

1880.

1881.

Bank rate
Consols
Eng. wheat, av.

487

THE CHRONICLE.

1881.]

63,770,428

64,685,431

Result

in the U. 8....

1,283,630

62,702,195 66,375,131

66,771,825

47s. Od.

42s. 8d.

Visible supply of wheat

23,002,017

bush.20,700,000

67,624,422 68,055,455

1,249,291

968,233

902,616

Av’ge price of English
wheat for season (qr.)

25,037,00*

17,735,300 31,293.230

65,588,097
of

Total
Deduct
exports
wheat and llour

1877-8.

1878-9.

39,216,719 30,794,977 37,250,787
6,817,909 5,536,195 5,767,668

Imports of wheat.cwt.35,881,141
Imports of flour
8,370,756
Sales of houie-grown
produce
21,336,200

52s. 8d.

40s. 4d.
13,140,463

and has realized 52>£d. while Mexican dollars are
The following return shows the extent -of the imports of
worth 51>2d. to 51 %d. per ounce. India council bills were sold cereal produce into, and the exports from, the United Kingdom
The following prices during the first thirty-four weeks of the season, compared with
on Wednesday at Is. 7 15-16d. the rupee.
of bullion are from Messrs. Pixley & Abell’s circular :
the corresponding period in the three previous seasons :

been firm

gold, fine
gold, containing 20 dwts.
Spanish doubloons
South American doubloons
United States gold coin
German gold coin....
Bar
Bar

d.

s.

GOLD.

77 9
... ...
77 10^ a>
per oz. 74 0 © 75 0

per oz. standard.
silver, per oz. standard.

73 9 '©

per oz.
per oz., none here
per oz

rd>

a)

silver,fine....

silver,contain’g 5 grs. gold

Cake silver
Mexican dollars..

Chilian dollars....

........

........

Quicksilver,

The following

are

...peroz.

standard.

527,,5

peroz. 51‘q
per oz
Discount, 3 per cent.

............

............

£6 2s. 6d.

d.

d.

silver.

Bar
Bar

d.

s.

the current rates of discount at

'it
<t
d)
lo
d>

5212
....

51
....

the princi-

A

Open

matp.rrln.111

rate.
Pr. ct.

market.

3ia

Paris

Bank

3

Pr. el.

3^8
2%

St.

Brussels

3is

278

Madrid, Cadiz &

Genoa
Berlin

4
4

4

Barcelona
Lisbon & Oporto.

Frankfort
Hamburg
Vienna

4

258
23s
212
338

6

Petersburg...

412

Geneva

Copenhagen
New York

4

5

3bj<z'4

Calcutta

Open
market.
Pr. ct.
6
4

5
5
4

5 @6

6

& Co. announce that they are author¬
ized to sell $5,000,000 general mortgage 6 per cent gold bonds
in 5,000 bonds, of $1,000 each of the Norfolk & Western Rail¬
road Company, formerly the Atlantic Mississippi & Ohio Rail¬
road Company. This forms part of an authorized issue of $11,Messrs. John Collinson

cwt.35,881,141

Wheat

8,810,862

Barley

5,795,261
1,476,734
1,495,216
19,742,933
8,370,756

Oats
Peas
Beans
Indian corn
Flour

1879-80.
1878-79.
1877-78.
39,216,719 30,794,977 37,250,787

7,695,056

9,381,823

861,812

1,157,691

74.333
85,071
27,038
568,554
106,421

6(»,029
12,582
7,223
296,609
91,600

1,239,735
39,296
24,483
16,058
16,174
146,83543,895

10,700.243

8,638,835

1,390,813
1,671.350

15.805,599
6,817,909

6,756,923 7,108,595
1,021,923 1.140,021
810,011
2,328,449
19,833,047 19,989,700
5,536,195 5,767,668

EXPORTS.

52 xs

pal foreign centres:
Bank
rate.
Pr. cl.

IMPORTS.

1880-81.

cwt.

Wheat
Oats
Peas
Beans
Indian
Flour

816,696

19,718

43,138

Barley

489,968
63,163
26,266
186,816
85,920

corn

90,915

,

Engliali Market Reports—Per Cable.
The daily closing quotations for securities,
at
and for breadstuff^ and provisions at Liverpool, are

&c.,

by cable as follows for

the week ending May 6:
Mon.

Sat.

London.

Silver, per oz
d. 52
10U316
Consols for money
10113,6 W'd
Consols for account
Fr’ch rentes (in Paris) fr. 83-6712 8405
lOiq
U. 8. 5s of 1881
s?
11712
U. S. 412s of 1891
d
1185s
U. S. 4s of 1907
47%
Erie, common stock
W
140
Illinois Central
■

Pennsylvania

Philadelphia & Reading.

New York Central

2612
14914

§£

a
C3

DP

London,

reported

Tnes.

Wed.

Thurs.

Fri.

5134

51 34

5134

51 »4

10113,6 16111,6 1021,6 1025,6
10113,6 10111,6 1623,6 1027,6.
84-35
104

84-6712 85-l2!2 85-60
104

104

1175s

117%

117%

117%

119
48 78

119

119

14212
7l7s
2712
151 34

143

119
49
’ 141

72%
2734
15112

104

495s
715s
2818
152

49%,
142 bj

711«
28*4
15112 •

Fri.
Thurs.
Wed.
Tues.
Mon.
Sat.
general mortgage bonds, and the interest is payable in
Liverpool.
8.
8.
d.
d.
d.
8.
d.
s.
d.
8.
d.
gold coin in New York and Philadelphia, on the 1st of May and
12
6
12 6
12 6
12
6
12
9
12
9
1st of November in each year. The principal is to be repaid in Flour (ex. State). 100 lb.
9 5
9 5
9 5
9 5
9 5
9
5
Wheat, No. 1, wh.
“
9 6
9 6
9 6
9 6
9 7
9 7
Philadelphia on the 1st of May, 1931. The price of issue is
Spring, No. 2...
“
9 6
9 6
9 6
9 6
9 7
9 7
Winter,
West.,
n.
“
£215 15s. per $1,000 bond, £10 being payable on application,
9 2
9
2
9
2
9 2
4
9
9 4
Cal. white
“
5 212 5 212 5 212 5 2
5 3
5 3
and the balance will be required when the bonds are advertised Com, mix.,W.uew
“
71 O
71 0
70 0
69 0
68 0
Pork, West, mess.. $ bbl. 66 0
14 O
44
0
44 O
43
6
for delivery in London.
43
6
Bacon, long clear, cwt.. 43 6
77 O
76 O
76 O
75 0
75 O
75
0
The Imperial Bank announces that they are authorized to Beef, pr. mess, new,$tc. 58 O 57 6 57 6 57 6 57 9 57 O
Lard, prime West. $ cwt.
70 O
70 O
70 O
70 O
70 O
70 O
receive subscriptions to an issue of 2,220 first mortgage 6 per Cheese. Am. choice “
cent sterling bonds of £100 each of the Indianapolis & Evans¬
ville Railway Company, at the price of 96 per bond. This (ikmxmevcial audiHlscellaueaxts
issue of £222,000 forms part of a total authorized issue of £676,Imports and Exports for the Week.—The imports of last
000. Interest is payable half-yearly on April 1 and October 1
in London. The authorized capital is $6,880,000, divided as week, compared with those of the preceding week, show
a decrease in dry goods and an increase in general merchandise*
follows: Share capital, $3,500,000, and mortgage bonds, $3,- The total
imports were $11,638,245, against $8,540,411 the pre¬
380,000,
ceding week and $6,655,231 two weeks previons. The exportsThe price of wheat having risen in New York, the trade here for the week ended May 3 amounted to $6,911,596, against
has presented a firmer aspect, but there has been no activity. $6,532,692 last week and $6,520,451 two weeks previous. The
following are the imports at New York for the week ending
Farmers are delivering very moderate supplies, and a large
(for dry goods) April 28 and for the week ending (for general
quantity of produce will be required before the season termi¬ merchandise) April 29; also totals since January 1:
nates. The weather is brilliant, but rain and a higher temper¬
FOREIGN IMPORTS AT NEW YORK.
ature are needed to bring the crops, which are in a backward
1881.
1880.
1879.
1878.
For Week.
state, forward. There is a very scanty quantity of herbage
$1,955,595
in the pastures, and feeding stuffs are likely therefore to com¬
$2,474,517
$1,250,991
$1,182,944
Dry Goods
9,682,655

000,000

s.

Ilextrs.

mand

good sale.
During the week ended April 16 the sales
a

4,133,329

Gen’l mer’dise..

4,975,766

8,965,403

$6,226,757 $11,439,920 $11,638,245
$5,316,273
Total
of home-grown
Since Jan. 1.
wheat in the 150 principal markets of England and Wales
$32,117,502 $34,504,736 $50,102,580 $41,899,791
Dry Goods
39,863,805
74,560,472 126,491,366
70,193,734
amounted to 31,361 quarters, against 27,586 quarters last year, Gen’l mer’dise..
and 47,640 quarters in 1879 ; while it is computed that
$102,311,236 $109,065,208 $176,593,946 $141,763,596
Total
they have been in the whole kingdom 125,500 quart¬
In our report of the dry goods trade will be found the imports
ers,
against 110,350 quarter^ and 190,560 quarters in of dry goods for one week later.The following is a statement of the exports (exclusive of
the two previous
seasons
respectively.
Since harvest
the sales in the 150 principal markets have been 1,230,- specie) from the port of New York to foreign ports for tho
week ending May 3, and from January 1 to date:
931 quarters, against 1,025,142 quarters in the previous
EXPORTS FROM NEW YORK FOR THK WEEK.
season, and 1,805,379 quarters in 1878-9, the estimate for the
1881.
1880.
1879.
1878.
whole kingdom being 4,923,750 quarters, against 4,100,600 quar¬
^

ters

$6,911,596
$8,538,857
$6,080,721
in the two former seasons For the week...
$6,830,957
113,502,955 103,437,192 114,291,077 127,848,060
Prev. reported..
respectively. Without reckoning the supplies furnished ex-gra¬
$134,759,656
nary at the commencement of the season, it is estimated that Total s’ce Jan. 1 $120,333,912 $109,517,913 $122,829,934
the following quantities of wheat and flour have been placed
The following table shows the exports and imports of specie
on the British markets since
harvest; the visible supply of at the port of New York for the week ending April 30 and since
wheat in the United States is also given:
January 1, 1881:

and




7,221,500 quarters

1HE CHRONICLE.

488

EXPORTS AND IMPORT8 OP SPECIE AT NEW YORK.

Exports.
Week.

Great Britain
France

Since Jan. 1

$4,260

...—

Week.

Philadelphia & Reading.—Counsel for the McCalmont
Philadelphia and Reading
the opposite party. They
propose to ask the Court of Common Pleas to grant a prelimin¬
ary injunction restraining Mr. Gowen and his associates from
acting as officers of the road, and demand a hearing then or at
the earliest possible dav. They are also ready, they say, to
meet the Gowen counsel at Harrisburg to join in the applica¬
tion to the Supreme Court for an early hearing of the case.
—The Railroad Gazette says : “ The Secretary informs us
that the business statements of this company were last year
published with fche rentals of leased lines included in the cur¬
rent expenses; but that this year, since November last, the
rentals are not included. The net profits of the railroad com¬
pany for March, 1881, $682,456, and for the fiscal year down to
the end of March (four months), $2,233,110, are those applicable
to the payment of rentals and interest.”
Missouri Pacific.—A special dispatch from Dallas says:
Chief Engineer Marvin, of the Missouri Pacific Railroad, said
Bros, and the bond managers of the
Railroad submitted May 5 a reply to

Imports.

Gold.

Since Jan. 1

$357,924 $19,674,699
2,613,220
3,944,249
208,449
144,072
185,413
100,070

908781
190,184

Germany

West Indies
Mexicb
South America

2,000

0,684

135.810

8,080
19,942

19,000

All other countries.
Total 1881.
Total 1880.
Total 1879.

Silver.
Great Britain

$
10,006
10,875

$101,070
1,559,262
238,072

$582,820 $20,870,778
1,228,798
20,220
539,209
21,540

$254,900

$3,772,375

$8G,G53

.

22,850

France

111,157
10,204

3,500

Germany

West Indies
Mexico
South America
AM other countries.
Total 1881.
Total 1880Total 1879.

Of the

24,337

40 330

00,389
258,218
671,144

3,993

55,830

3,200

1,750

18,440

$258,400

$3,959,309

$47,573

93,743

1,757,021
6,007,488

30,827
123,472

232,384

$1,133,990
1,827,085

3,065.027

above

imports for the week in 1881, $14,259 were
America^ gold coin and $6,388 American silver coin.
Statement of the Comptroller of the Currency, showing by

States the amount of National Bank circulation issued, the
amount of Legal Tender Notes deposited in the United States

Treasury to retire National Bank circulation, from June 20,1874,
to May 1,1881, and amount remaining on deposit at latter date.

Additional
Circulation
issued since

and Ter¬
ritories.

June

20,

1874.

$

Maine

1,461,180
643,165
1,814,960
22,358,120
2,280,120
3,598,580

N.Hampsh

Vermont..
Mass
Rh. Island
Conn
New York. •25,681,435
N. Jersey.
2,422,335
Penna..
Delaware.

13,850,640

Maryland.

1,802,710

Dist. Col.,

457.000

..

virfrinift

tion since June 20,

ItedempVn
of Notes of
Liquidat¬
ing Banks

To

of J’ne 20.

65.350

2,567,478
432,603
1,299,226

Total

Deposits.

1874.

$

$

317,000
72,997
283,497
234,800
32.350

1874.

764,700

55,800
1,672,040
9,500,700
1,409,885
3,506,030
30,374,380
2,383,137

11,775,621

$

$

1,081,700
128,797
1,955,537
9,735,500
1,442,235

3,571,380

32,941,858
2,815,740
13,074,847

232,275

K/

..

Al> |W\/V

166,600
427,664

1.718.380
530,060

ai- vit-'n

337,510

1.884,980
957,724
1,914,879
1,036,245
1,275,785
1,178,380
725,400

96,767
106,764
237,271
138,724

226.810

73i!6ob

N.Carolina
S. Carolina

1,235,660

128,200

162,700
520,350

287,725

1,147,585
1.178.380
437,675

72,000
207,000

90,000

170,100

260,100

103,970

1,377,810
397.500

650,750
61,290

2,099,250
229,340

2,750,000

79,759

290,630
171,000

47,900
18,160
923,435
157,949
726,075
2,163,863

.

Florida
Alabama

.

-

.

Louisiana.
....

Arkansas.

Kentucky.
Tennessee.
Missouri..
Ohio

252,680
213,541

68,387

276

Mississippi
Texas

355,185

-

171,000
3,976,830
647,170

1,022,160
4,219,640

Indiana...
Illinois....

3,524,280
3,003,675

Miohigan

2.284,210

.

Wisconsin.

915,530
1,696,900
1,062,S00
192.600
67,500
36,000
572,400

Iowa
Minnesota

Kansas.
Nebraska.
Nevada
Colorado..
Utah
Montana
..

134.900
165.600
3,600

....

Wyoming.

629,867
370,401

90S,510
1,632,057
1,329,597
1,792,934
510,300
680,860
858,669
509,495
781,721
45,000

171,000
2,130,833

542,859
3,862,135
4,547,534
7,859,083
7,638,546
2,746,975
1,259,589
1,760,615
1,883,445
316,550
404,980

142,083
161,191

103,200

90,000
135,000
175.500

N. Mexico.

Wash’gton

Dakota.
California

.

2,760,700
913,260
4,860,645
6,179,591
9,188,680
9,431,480
3,257,275
1,940,449
2,619,284
2,392,940
1,098,271
449,980

3,183,979
1,829,700
947,704

601,299
559,080
799,645
1,778
17,997
14,293

149,400
196,800
81,000

291,483
357,991
184,200

70,858

90,000

90,000

82,130

825,300
106,673,945

19,311,844l105,947.102

129.072,621 35,955,076

Deposited prior to June 20,1874, and remaining at that date.

Comptroller of the Currency on May 1,
1881, showing the amounts of National Bank Notes and of Legal
Tender Notes outstanding at the dates of the passage of the
Acts of June 20, 1874, January 14, 1875, and May 31, 1878,
together with the amounts outstanding at date, and the
or

decrease:

$349,894,182

outstanding January 14. 1875
outstanding May 31,1878
Amount outstanding at date *
Increase during the last mouth
Increase since May 1,1880

Amount
Amount

351,861,450

322,555,965
351,501,342
5,044,495

7,922,042

Amount outstanding June 20, 1874
Amount outstanding January 14, 1875
Amount retired under act of Jan. 14,1875, to May 31. ’78
Amount outstanding on and since May 31, 1878
Amount on deposit with the U. S. Treasurer to redeem
notes of insolveut and liquidating banks, and hanks

$382,000,000
382,000,000
35,318,984

$346,681,016

retiring circulation under Act of June 20,1874

35,955,076

Decrease in deposit during the last month
Increase in deposit since May 1,1880
*

Circulation

$1,099*225.



of national gold hanks, not included

Richmond & Danville—In the statement

regarding this

company in the Chronicle of April 30, the words “ equivalent
to 6 per cent, or $24,208 per mile,” should have read equiva¬
lent to 6 per cent on $24,208 per mile.

—Messrs. John J. Cisco & Sou, 59 Wall Street, are
investors the Houston & Texas Central Railway

offering to
Company’s

This mortgage
is secured by property estimated to be
worth $35,000,000, including 5,240,000 acres superior lands.
The earnings of the company during the past three years
were 'as follows :
*
Net.
Gross.
Expenses.
$2,920,996
$1,752,039
$1,108,957
3,205,684
3,741,000

The

1,773,771
2,007,323

.earnings since January 1,1881, show
time last year of $206,022.

1,431.913
1,733,677

a total increase

over same

—We call attention to the removal of the well-known firm in
the stock and bond business, Messrs. R. J. Kimball & Co., to 25
Nassau Street, where they now occupy beautiful and commo¬
Parties doing business with this firm will not
dious offices.

only find their offices pleasant, but the business management
satisfactory in all its branches.
—Dividend No. 67, for Aprii, has been declared by tie Ontario
Silver Mining Company of Utah, making a total of $3,425,000 paid to date.
The present dividend ($75,000 in amount) is
payable on the 16th inst. at Wells, Fargo & Co’s. Transfers
close

on

the 11th.

—The firm of Trask & Francis has

changed its style to
Spencer Trask & Co. The firm has been conspicuous for a
long time past for its great enterprise, and the present house
has large capital and increased facilities for doing an exten¬
sive business.

BANKING AND FINANCIAL.
FIRST

MORTGAGE

SIX PER

CENT

BONDS OF

ELIZABETHTOWN LEXINGTON
SANDV RAILROAD.

AND

THE

BIG

tliese bonds at 100 and accrued interest. When completed
equipped, this road will represent a cost and an earning capacity
much more than suflici* ut to make its bonds a good investment security;
over half the total issue of $3,500,000 has already been placed.
The Elizabethtown Lexington & Big Sandy Railroad is the connecting
link between the Chesapeake & Ohio Railway and the West and South¬
We are selling

and

.

a large and lucra¬
tive business from the date of its completion.
The bonds are of the denomination of $1,000 each, secured oy a strictly
first mortgage on the entire property of the company; principal and

Occupying this commanding position, it is assured of

interest

payable ia this city in gold coin; interest at the rate of 6 per
payable in March and September; principal due March

cent per annum,

National Bank Notes—
Amount outstanding June 20,1874

Legal Tender Notes—

The survey from Waco to the
International & Great Northern Road is completed.”

west.

Statement of the

increase

risburg & San Antonio Road.

309,133
201,730

3,813,675

*

an interview that it was an established fact that the Missouri
Pacific Road will be built to Galveston. The line is now being
located from Virginia Point to Randon, on the Galveston Har¬

in

ments.

305,737
29,029
736,256
2,100,235
519,314
1,720,728
9,462,831
1,191,788
5,881,306

W.V’ginia.

Georgia

r

retire
CirculaVn
under Act

“

general mortgage 6 per cent gold bonds, having 40 years to run,
with the interest payable April and October, the present-issue
of these bonds is $3,000,000, of which $1,000,000 has been taken
for permameut investment and the balance of $2,000,000 is
Legal Ten¬
offered for public subscription on and after the 10th inst., at
ders
on
deposit 102^ and accrued interest from April 1st. The total amount
with TJ. S.
of thi3 mortgage is $18,500,000, of which $15,323,000 are reserved
Treasurer
to provide for existing liens at maturity. $1,500,000 to redeem
at date.
outstanding income and indemnity bonds at par, $1,677,000 to
pay off floating debt incurred for steel rails and other improve¬

Legal-Tender Notes Deposited to
iietire National Bank Circula¬

States

[Vol. XXXII.

2,147,435

16,828,336
in

fche

above,

1,1902.
The recent

purchase, in the interest of the Chesapeake & Ohio system,
Memphis & Northern
roads—giving it a direct line from Memphis, with its great cotton ship¬
ments, to Newport News—makes the Elizabethtown Lexington & Big
Sandy a very important and valuable property. The balance of these
and of the Chesapeake & Ohio Purchase Money Funding Bonds (price
112 and accrued interest), and Series A Bonds (price 105 and accrued
interest), will be rapidly absorbed, as so many holders of the United
States Fives and Sixes are looking for sound investments which can be
had at moderate prices. Within two years the Chesapeake & Ohio sys¬
tem will have its own independent lines or connections to Memphis, St.
Louis, Louisville, Cincinnati and Chicago; and a glance at the map will
show that this means a business fully up to its utmost capacity.
FISK & HATCH, 5 Nassau Street.
of the Elizabethtown & Paducah and Paducah

THE

18S1.]

7,

a;

ue

CHRONICLE.

ity of Washington, with interest from May 1 to May 21, the date of the
maturity of the call. The interest due May 1, 1881, on such registered

JBarthrtV (gazette.

bonds embraced in the one hundred and first call as have not been
redeemed will be paid as usual by checks drawn to the order of the
payees of the bonds.

DIVIDENDS;
The

The closing prices at the New York Board have been as follows:

following dividends have recentlv been announced:
Name

Per
cent.

of Company.

When

Books Closed.

Payable.

(Days inclusive.)

Railroad*.

Belleville & So. Illinois, pref

$2 75 May

Concord & Montreal, pref.
Cincinnati San. & Cleve., pref....
Cleveland & Pittsb., guar. (quar.L
Nashua «fc Lowell
Boston

3
3

May
May

1%

Juno'

6
9
o

May
5 to May
April 23 to

I

$4

May

Pennsylvania

4

May

May 11 to June
April 28 to
28 May
2 to

Nassau

3

May

10

May

16

6
1

2

Banks.

TMlBcellaneous.
Pullman Palace Car (quar.)

2

FRIDAY,

The Money

MAY

6,

May

2 to May 10

1SS1-5

P. M.

Market and Financial Situation.—Things

movement in stocks and bonds which began in July, 1879, nearly
some

ago,

has not yet culminated.

bonds,

or

April

May

May

May

May

May

30.

2.

3.

4.

5.

6.

reg. J. & J. 1037q *103% *103% *103% 103% *103%
coup. J. & J. *1037g *103% *103% *103% 103% *103%
reg. Q.-Feb. *101% *101-% 10158 *101*2 *101*2 101*2
*
Q.-Feb. 102 78 X0l% *101*2 101 *2 *101*2 1017s

6s, 1881..
6s, 1881..
5s, 1881..
5s, 1881..
4*29,1891
4*29, 1891
4s, 1907..

1143s *xl3*4 113*4 *113*4 *113*4 *1133s
1143s *11438 *114*4 *H4*e *11438 *114*2
116*8 *116*8 116*8 116*8 *116*8 116*4
reg.
48, 1907..
116*4 116*8 116*8 116*8 116*4 *116%
coup. Q.-Jan.
*130
*130
*130
*130
*130
6s, cur’cy, 1895..reg. J. & J. *131

6s,
6b,
6s,
6s,

cur’cy,
cur’ey,
cur’cy,
cur’cy.

reg. Q.-Mar.

Q.-Mar.
Q.-Jan.

1896.. reg. J.
1897..reg. J.
1898..reg. J.
1899..reg. J.

&
&
&
&

J. *131
J. *131
J. *134
J. *135

*131
*132
*133
*134

*131
*132
*133
*134

*131
*132
*133
*134

*131
*132
*133
*134

*131
*132
*133
*134

Each week developes

The range in prices since Jan. 1, 1881, and the amount of
each class of bonds outstanding May 1, 1881, were as follows:
Range since Jan. 1,1881.

further rise in stocks of reorganized railroads, in the prices

of income

Interest

Periods.

are

generally stronger. There is renewed evidence that the buoyant
two years

489

in old and long-known speculative stocks;

and, without any regard to the actual value of these various
bonds and shares, as based on their prospect of paying divi¬

dends, the time has not yet arrived when a broker could predict

Lowest.

6s, 1881
op.
58, 1881
ep.
4*28, 1891..cp.
4s, 1907
cp.

Highest.

101*2 Jan.
3 10378
100*4 Feb. 24 10278
111*8 Mar. 10 114%
11238 Jan.
3 116%
6s,cur’ncy.reg. 127*2 Feb. 28 136

Apr.
Apr.
Apr.
Apr.
Apr.

Amount

May 1, 1881.

Registered.
27 $155,438,850
16 327,955,350
30 178,307,000
30 539,066,900
23
64,623,512

Coupon.
$40,251,550
128,067,600
71,693,000
199,555,800

certainty that their prices would not advance another
cent in the next week.
Closing prices ot securities in London for three weeks past and
The bear tone of March has decidedly changed, and sales for
the short account, which were then large, have been covered to the range since January 1,1881, were as follows:
a very considerable extent.
The situation at present may serve
Range since Jan. 1,1881.
April April
well enough to illustrate once more the fact that it is not safe in
May
6.
22.
29.
Lowest.
Highest.
stock matters to be guided by the experience of the past. Things
104
103
Feb. 24 1054 Apr. 1
change so rapidly in this country, that the course of th* market U. S. 5s of 1881.... 104*2 104*8
117% 1144 Feb. 24 1174 May 4
1174
for a long series "of years can not alwrays be taken as a guide for U. S. 4*as of 1891.. 116%
119
11578 Feb. 9 119
May 3
operations, and a certain time comes when things go far beyond U.S. 4s of 1907.... 1184 118*2
all former limits, and the analogies of the past are lost. To
State and Railroad Bonds.—The dealings in Southern State
bring these reflections to a more practical point—the oldest and bonds have been comparatively limited. Virginia bonds are held
most experienced stock broker who looked for a heavy decline in
firmly, and there appears to be much confidence in them. Tenthe market this spring has so far been greatly disappointed. nessees sold
to-day at 73%.
And yet the signs of the times all indicate the ordinary effects of
Railioad bonds have been active on a business widely dis¬
a decided inflation; the ease in money has in some respects never
tributed throughout the list. Erie 2d consol, sold up to 105% to¬
been -equaled.
In the dark days of 1877 call loans were lower, day, and about $1,500,000 changed hands this week. Chesa¬
but they were low for the very reason that capital shunned every peake & Ohio currency 6s were also active, and about $1,200,000
new enterprise, and money piled up in New York to be loaned
were sold at advancing prices, selling at
63%. to-day.
out at 1 per cent on’call. But in a rational sense, money is much
The following securities were sold at auction:
easier now than then, and never have new railroads and other in¬
Bonds.
Shares.
dustrial enterprises found such ease in obtaining funds as at the
GO Williamsburgh City Fire
$2,000 American Dock Impr.
Co. 7s, due July 1, 18»G,
Ins
227
present time. It is fair to say that the rate of interest paid
10 Republican Fire Ins
guar, by Central RR. of
76
on their loans by the new railroad corporations of 1881 is fully 2
N. J.
20 Kings County Ins
July, 1877, eou209*2
GO Hanover Fire Ins..l59a>160
per cent lower tnan the rate paid by the new companies of 1872.
130*6
pons on
650 N. Y. Mut. Ins. scrip of
22 People’s Fire Ins
A six per cent gold bond at par is more readily sold now, than a
118*2
68
1874
55 Phenix Bank
108
7 per cent gold bond was then sold at 90, with gold ruling at
700 Metrop. Gaslight scrip.. 102*a
f 5 N. Y. Gaslight Co
944
114 and the railroads building in a better territory.
The differ¬
30 Forty-second St. & Grand
3,000 42d Street & Grand
St. Ferry 7a. due 1893.... 118
ence in favor
of the railroads of to-day, in having an interest
St. Ferry RR
205
25 Home Ins
111*2
3,000
Jersey City 7s, water
so
obligation
much lighter, is quite obvious to all.
10 Brooklyn Life Ius
115
155*2
scrip, due 1891
Our money market has been more active at times, and stock¬
25 Union Ferry Co
10,000 Jersey City 7s, water
1124
brokers have paid in exceptional instances as high as 6 per cent;
90 Brooklyn Gaslight Co
scrip, due 1913
119
504
62 Nassau Gaslight Co
the bulk of transactions have been at 4@5 per cent, and the
65
8,000 N. Y.
Erie RR. 3d
25 L. I. Safe Deposit Co
mort. 7s, duo 1883
108%
110*2
range on all collaterals is 3(5)6 per cent. Prime commercial paper
70 Brooklyn Bank
10,000 Br’klyn (N.Y. Bridge)
93^93*4
is quoted at 4(5)5 per cent.
10 U. S. Trust Co
7s, due 1906
1384
4254
419
The Bank of
50 U. S. Trust Co
15,000 Br’klyn (Public Park
England weekly statement on Thursday showed a 200
North River Ins
1143*
Loan) 6s, due 1924
13036
loss, of £147,000 m specie, and the reserve was 48 per cent, 10 Irving Fire Ins
10.000 Dundee Water Power
80
against 49 5-16 last. week ; the discount rate remains at 2% per
Land Co. of Passaic, N. J.,
12 Lafayette Fire Ins
114
cent. The Bank of France showed a gain of 6,350,000 francs in
1st mort. 7s, duo 1922
19 Importers’ & Trad. Ins.. 98*2
103
20 Commercial Fire Ins
105
2,000 Dry Dock E. B’dway &
gold and 5,575,000 francs in silver.
Bat. RR. consol. 7s, due
10 Jersey City Ins
95
The last statement of the New lTork City Clearing-House
1893 (endorsed)... 113*2'® 115%
50 Knickerbocker Fire Ins.. 65
50 Manhattan Gaslight Co.. 117*2
banks, issued April 30, showred an increase in the surplus above
5,000 Third Ave. RR. 7s,
due 1890
100
14 Manhattan Bank
141
legal reserve of .$3,380,875, the total surplus being $11,440,025,
against $8,059,150 the previous week.
Railroad and Miscellaneous Stocks.—The stock market has
The following table shows the changes from the previous week shown renewed evidences of
strength. There are more outside
and a comparison with the two preceding years :
operators than for some time past, and these usually take stocks
for the long^ account. The prospect of decided ease. in the
1880.
1881.
1879.
Differences fr'irn
May 1.
May 3.
April 30. previous week.
money market during the summer, and possibly during the
year, and the very strong holding of certain stocks by the power¬
Loans and dis. $304,435,200 Dec.$l .282,400 $280,436,300 $239,357,800
Specie
18,516,200 ful cliques which were heavily interested in them, have been the
49.406.500
69.289,400 Inc. 2,485,200
Circulation...
18.600.100 inc. 1,382,700
20,646,200
19,683,100 principal influences which finally had the effect of over-balancing
Net deposits
291.536,300 Inc. 1,883.300 252,572,200 214,333,700 the bearish tone which was prevalent a few weeks ago.
St. Paul
49,440,500
17,014,000
Legal tenders.
15,784,700 [lie. 1,366,500
was then attacked very sharply and sold short to a large amount;
Legal reserve. $73,634,075 Inc. $470,825 $63,143,050 $53,582,925 but this week we find the stock selling up to 120, and it is rumored
Reserve held.
66.420.500
67,956,700
85,074,100 [nc. 3,851,700
that a stock dividend of 36 per cent will be declared sometime
this
summer.
Next to St. Paul, or perhaps more than that, the
Surplus
;
luc
$14,373,775
.$3,380,875
$3,277,450
$11,440,025
great
southwestern
combination has given strength to the
United States Bonds.—There has been a large business in
market. The terms of agreement have not yet been announced,
Government bonds, and much activity in exchanging one issue
but it is stated that a controlling interest in Iron Mountain stock
for another. The demand for bonds is large, and again we have
will be purchased by the Missouri Pacific, which is to give three
to note a further advance in the four per cents to 116/4(5)116%
shares
of its stock, now worth par in the market, for four shares
at the close to-day.
Up to this morning the amount of bonds of Iron Mountain. The Missouri Pacific is then to take the
presented at Washington for extension in 3% per cents was Texas & Pacific on • terms somewhat similar to those of
about $75,000,000; and unless the amount in the next four days
the Iron Mountain arrangement. We shall wait, however,
should -be very large, or the time should be extended beyond
for the final settlement of terms, as changes may yet be
May 10, it is evident that there would remain a considerable made. The
reports of Lake Shore and Michigan Central
amount of the sixes to be paid off on July 1. The new
for the year 1880
have both been published this* week
Windoms ” are selling here about 101@101%. A circular rela¬
tive to the payment of bonds included in the one hundred and and make an exceedingly favorable exhibit for that year.
The reports, though issued in May, are silent as to the earnings
first call has been issued
by the Treasury Department, which and expenses in the first quarter of this year. The elevated
contains the following:
railroad stocks are about steady, and Manhattan is kept up to 22
Notice ia hereby driven that on and after Wednesday, May 4,1881, the
@23, although the company amounts to nothing if it forfeits the
five per cent, funded loan bonds of 1881, included in the one hundred
and first call, will be paid
at the Treasury of the United States, in the two elevated roads by a failure to pay the rentals. It seems
with any
10 per

.

.

“




more

[Vol. xxxn.

rHE CHRONICLE.

490

capitalists will be found who will
at its present price and make it pay. Memphis

Jan. 1 to latest date.-*
1881.
1880.

/—Latest earnings reported—«,
Weekor Mo. 1881.
1880.

than likely, that some

$62,005 $47,820 $182,287 $154,457
23,066
23,923
63,321
65,171
Bur.C.Rap.(feNo..3(l wk Apr.
28,623
560,425
636,835
42,654
new
Cairo & 8t. Louis.3d wk Apr.
9,459
8,133
132,126
103,252
was strong and active; the coal stocks showed a notable
Central Pacific...March.'....1,643,OOO 1,373,438 4,700,125 3,644,539
& Olito
March
228,481 222,762
575,410 623,778
the general list was firm, and in nearly all cases
an Ches.
Chicago & Alton .3(1 wk Apr. 156,955
2,052,479
141,856
1,902,171
advance on last week’s prices.
Chic. & East. Ill..4tli wk Apr
35,140 .21,444
501.592
327.698
Cliic.&G.Trk.Wk.ehd.Apr.23
30,746
17,139
422,983
342,084
The daily highest and lowest prices have been as follows:
Chic. Mil. & St. P.4th wk Apr 383,000
274,164 3,851,000 3,274,763
Friday,
Wednesd.
Thursday,
Tuesday,
Saturday. Monday.
Chic. & Northw..March
1,162,362 1,361,725 3,366,234 3,649,040
May 6.
May 4.
May 5.
May 3.
May 2.
45,246
30,210
552,384 422,213
April 30.
Chic.St.P.Mimfe 0.3(1 wk Apr.
61
60
8t*Paul& 8.City.3d wk Apr.
23,602
29,525
290,696 383,680
61
01
60
62
60
61
60
60
58
58%
83
83
Am. Dist. Tel.
165,457
Chic. & W. Mich..3 wks Mar.
49,900
-46,505
184,818
80
7«4-i
78
Amer.Un.Tel.
77% 76% 7744 7744 7844
Din. Ind.St. L.& C.Mareh
185,004
198,220.
517.451
526,458
76% 76
Canada South. 74 M 7544
100%
101%
100
101%
98% 10! %
9744 99
Cin. & Springf. ..4th wk Apr
25.098
281,197
21,733
304,465
9?& 97% 99
Cent.of N. J.. 90
88%
87%
88%
88% 88%
87
87% 87
Clev. Col.Cin. & I 4th wk Apr 133.169
90,514 1,262.926 1,246,880
Cent. Pacific.. m\4 80% mi 8644
29% 28% 29
29
284$ 29%
27%
27%
\ «>)$
26%
20%
8,108
121,668
129,762
Clev. Mt.V.&Del.3d wk Apr.
7,833
Ches. &Ohio..
45% 44% 45%
46% 45
43
43% 44% 43% 44% 45
34
Do 1st prf. 42
34% 34
Denver it Rio Gr 4th wk Apr 128.759
54,807 1,456,862
586,228
3344 34% 34
33
33% 83% 34
Do 2d prf.. 31?$ 33
141%
144%
145
142% 141%
138
78,493
DesM.&Ft.Dodze.Sd wk Apr.
7,653
4,813
90,158
*135
135
134% 135
166
166
Chic. & Alton.
168
166% 167
166
166% 166% 166
Det. Lans. & No..March
107,267 106,431
265,226 266,547
165
105
Chic.Bur.& 6. 104
117%
119%
120
118%
118%
113% 115% 115%
Dubuque&S.City.3d wk Apr.
22.312
17.331
265,879 303,473
Ghic.M.&St.P. 111?$ 113% 112% 113%
127% 128%
126-% 12044 128% 128% 129
175,345’
Eastern
February.. 192,105
390,748 377,659'
Do
preL 124 \i 120% 125-% 120% 126% 126% 126 127% 1264i 127% 120% 127
125%
126%
Chic.&N. W.. 12144 121% 12444 138
418,123 380,617
141
139% 139%
East Tenn.V.ife G.3(l wk Apr.
23,516
19,797
no
138% 138% 139
137%
137
no
137%
138
Do
pref.
138
138% 138
30,098
Flint &Pere Mar.3d wk Apr.
39,749
532,672 468,476
ias
137% 138
137
137%
137%
136
C.R.I.&P.new
*80% 81
81
78
7944 80% 8044 81
Gal.Har.& San A.1st wk Apr
19.437
17,517
77
76
74
<5%
*4
43
43%
Ch.St.L.&N.O.
4344
42% 4144 42% 43
42
GrandTruuk.Wk.end.Apr.23 216,633 182,546 3 257,823 3,076,193
42% 42
Ch.St.P.M.&O *41*; 42
99
98
98% 9944 9844 99'4
9744 99
98
9744 99
Gr’t Western.Wk.eiid.Apr.29 113,492
91,214 1,727,925 1,557,966
Do
pref. 1)7
90
90
90% 8944 90 y
88
89%
Si'?$
87
87%
87
Hannibal&St. Jo.3d wk Apr.
703,259
44,263
48,051 ,591,097
Clev. C. C. & l. 80%
27%
25
25% 24% 2n% 25
25
25%
2444
24%
24
24%
Col.Chic.dk l.C.
62,964 1,280,487 1,077,384
Poust. & Texas C.lthwk Apr
68,063
112% 111% 112%
112
110% 110% 11044 112
Del.dk H.Canal 10??$ 109% 108% 11034
124
125%
IllinoisCen. (Ill.).March
437,171 460.074 1,336,205 1,*414,792
120% 120% 124% 12:1% 125%
Del.Lack.&W. llri% 118% 117% 120*4 119% 108
108% 109; o
109
108
10 %
107% 108
Do
(Iowa). March
99,224 152,934
293,513 406,655
Denverdk lt.G. 10 07$ 100% 106% 107%
67
64%
6.8%
62
60
5934 62%
24,032
Indiana B1.& W..3d wk Apr.
28,606
58% o'te 59 >4 5834
Han.&St. Jo.. 58
1)0
107%
109
107
1065$
105
10444 105% 105%
104
104
lud. Dec. & 8p...April
41,220
31,913
146.871
Do
pref 104
78
7544 7744
77
74
75% 74.'* 78
74
72
0
70
Hous.dkTex.C.
Iut.& Gt. North..4th wk Apr
33.974
798,050
525,271
55.032
138,4 139
139
13944
139%
138%
138%
1364$
92
92
Illinois Cent.. 136% 130% 13544 130%
89.819
326,994
279,692
K. C. Ft. S.& Gulf.March
116,269
Int.A Gt.Nor..
54% 55
54” 55
55
18,697
356,130 235,730
Lake Erie A West.3d wk Apr.
25.086
49% 50% 52 ” 53
Lake Erie&W.
127%
128%
128
129%
129%
129
128%
Louisv. & Nashv.4th wk Apr 260,600
169,200 3.108,150 2,425,966
Lake Shore.... 124% 126% 120% 128% 12744
10;% 10.; .>4
104
10():% 100 101% 102
Memp. A Chari.. .4th wk Apr
19,523
11,132 421,941
381,607
Louisv.dfcNash 9944 101% 100 101% 99%
22 44 23% 22% 23
23
22
22%
24
23%
2244 23%
2
Manhattan....
Memp. Pad. & No.3d wk Apr.
64,409
4,173
3,285
70,794
21
20% 20% 19% 20
iy
23
22
24
23%
22
21
Mar.&C.lst pf.
Mil.L. Sh.<feWest.3d wk Apr.
10,094
6,354
12% 12
124$ 11% 1144
14% 1344 14% 13% 14%) n%

take Manhattan

stock has been conspicuously strong; I.
stock sold largely to-dav between 51—52; Texas

& Charleston

B. & W.
& Pacific

Ala.Gt.
Bost.A

Southern.March

N.Y.Air-L.March.....

advance;

showed

<

Do
2d prf.
Met. Elevated

Mich.Central.
MobiledkOhio.
Mo.Kans.dk T.
Mor.& Essex..
Nash.Ch.&StL
N.Y.C.&H. If.
N.Y. Elevated
N.Y.L.K. dfc W
Do
pref.
N.Y.Ont.dk VV.
Northern Pac.
Do
pref
Ohio Central.
Ohio & Miss...
Do
pref.
Pacific Mail
Panama
Phil. & Itead’g

1344
89 %
88% 86% 89% | 8644 88% 86%
86% 89% 87
109% 110% 109% 111% 110% 111%
106% 108% io-% no
33% 33% 34%
29% 30% 30% 3044 30% 31% 31%
47%
44% 45% 45/y 46% 46% 47% 464$
44% 45
124% 12444 124% 12444
123
123
123
123
89%
8644
86%
85”
85%
84% 85%; 85
,8644 8544
147% 148%’
145
Ia7% 146% 147% 146% 148
144% 145
10444 104 105%
104
107
107% 103
105% :()8% 100
49
48
47% 47% 47% 48% 48%
46% 47% 47
88% 88% 88% 88% 89% 8844 89%
87% 87% 68
36% 36% 37
84% 34% 34% 343/ 34 yn 3544 35% 44
4244 44
43
4444 43%
43% 43
*42 • 42%
73% 72% 73% 7244 73
71% 71% 72% 72% 72
29% 30% 30% 30%
28% 29% 29% 30% 29% 30
45
44% 45%
43% 43% 4344 44% 4344 44% 44% 109% 109% 109%
109%
108
100
108% 108%
54
53
53
52% 53
51% 52% 52% 52% 52

55%
5134 53% 53
59
55
Bt.L.A.dk T.H. 55% 56
132
129
Do
pref. 128 128
St.L.I.M. & So. 6334 65% 64% 66%
40
46
46%
8t.L.& 8.Fran. 44%
68
69%
Do
pref. 67% 68
100
Do 1st prf. 98% 98% 100
Tex.& Pacific. 60% 61% 60% 61%
Union Pacific. 116% 117% 117% 118%
Wab.St.L.dk P. 4634 47 Ji 47% 48%
Do
pref. 8734 Sh% 88% 89-H
West.Un.Tel.+ 11544 116% 116% 116%

53%
60

55”

54%
63% 64%
131% 133%
6844 69%
46%
46% 46

54%
62%

13144 133
66% 69
46%
69%
100%
60%
118%
48%
89%
116

7u

69%

100% 102
62% 61%
1194$ 11844
48% 49
89% 8944
llrtW 116%

70

102
63

120%
50

90%
118%

87‘/o

87

103

162,027 140.091
831,415
207.710 169.457
576,719
2,668,250 2,854,835 7,366,426
N.Y. L. Erie<fe W.February.. 1,425,765 1,252,218 2,869,202
N.Y. &N. Fugl’d. February.. 173,614
149,907
363,363
N. Y. Fa. & Ohio..February.. '389,125
381,980
811,033
Northern Central. March
452,906 415,325 1,221,719
Northern Pacific .April
214,755 186,075
565,684

Mobiles

104

48% 49%
88% 90
35% 3644
42% 42%
72% 73
30% 33%
44% 44%

53%

52%

260

*240

55"

li5*

and asked* no sale was made at the Board,
ex-privileze as follows: Saturday, 80%®S144;

These are the prices bid
t Sales were also made
♦

day, 80^-82; Tuesday,
Friday, 8344(^87.

t

Total sales of leading stocks for the week
and the range in prices for the year 1880 and
to date, were as follows:

Week,
27,410

122,218
3,549
Chicago & Alton
3.160
Chic. Burl. & Quincy
Chic. Mil. & 8t. P ... 177,835
7,485
Do
do pref.
84,067
Chic. & Northw
4,200
Do
do pref.
5,545
Chic. Rock I. <fc Pac...
5,025
Chic. St. P. M. &0..
Do
14,070
pref.
11,247
Col. Chic.& Ind.Cent.
24,773
Del. & Hudson Canal
Del. Lack. & Western 382,100
36,165
Hannibal <fe St. Jo...
27,760
Do
do pref.
19,660
Illinois Central
2.740
Lake Erie & Western
253,055
Lake Shore
86,105
Louisville & Nashv..
Manhattan

51,740

Michigan Central

78,660

Feb.
82% Jan.
132
Apr.
160
Feb.
101% Feb.

70,597
Missouri Kan. &Tex.
52,859
N.Y. Cent.<fc Hud.Riv
N.Y. Lake E. (fewest. 129,724
Do
13,800
do pref.
14,558
Northern Pacific
5,837
Do
pref.
17,950
Ohio & Mississippi
49,700
Pacific Mail
42,475
Phila. & Reading
St.L.Iron Mt.&South. 115,028
5,000
8t. L.& San Francisco
3,489
Do
pref.
....

..

1st pref.

Union Pacific
Wab. St. L. & Pacific
Do
do pref.
Western Uniou Tel..

Railroad

1,695
89,485
43,675

44,000
65,118

66

89% Jan.

Jan.
Jan.
Jan.

Jan.

Range for
year

1880.

Low.

High.

81%
90%
5 -99% 159%
7 113
183%
20
66% 114%
17
99
124%
19
87% 130
f7 104
146%
20 100% 204

Jan. 14
Feb. 17

90
4 112
19 156
Jan.
26 182% Jan.

25

25 124%
Feb. 25 132
Feb. 25 136
131i8 Feb. 26 147%
129
Feb. 26 142
40% Mar. 25 51
91
Feb. 25 109%
4
277q
19% Jan.
117
117

1881.

Highest.

Lowest.

Shares.

Canada Southern....
Central of N. J

ending Thursday,
from Jan. 1, 1881,

Range since Jan. 1

Sales of

Do

Mon¬
Thursday, 82%&844L

8l@81%; Wednesday, 8144 b 82%;

23,268
22,747
48,170
52,949
306,894 257.609
601,852 529,558
Pad.&Elizabetht.3d wk Apr.
10,112
6,791
156,678 113,934
Pennsylvania ....March
3,844,304 3,278.186 10,129.133 9,306,313
Peoria Dec. &Ev.2d wk Apr.
8,017
6,294
135,642
80,226
Philadel. & Erie..March
285,573 327,678
735,377 797,357
Phlla. & Reading.March
1,600,568 1,489.389
8c.L.Alt.&T.H, ..3d wk Apr.
31,209
23,480 . 434.650
389,868
Do
(*orcliS/.3d wk Apr.
14,790
11,006
234,514 200,735
St.L. Iron Mt.& 8.4th wk Apr 122,673
80.362 2,370,724 1,907,194
48,946
St.L. & San Frau.4th wk Apr
83,663
918,017 767,311
39,915
38,191
St.Paul & Duluth.January...
38,191
39,915
84,200 1,160,272
912.715
8t.P.Minn.& Man.4th w k Apr 125.800
Scioto Valley
4th wk Apr
6,034
99,852
90,740
7,942
South Carolina... March
130,841
94,594
366,796 332,818
Texas & Pacific.. March
312.420 215,070
836,394 680,020
Union Pacific
March
1,657,570 1,735,509
Wab. St.L.& Pac 4th wk Apr 264,554
238,840 3,773,012 4,079,804
Wisconsin Cent...3 wks Mar.
46,930
63,420
Exchange.—There is reported to be a good amount of the
sixes of 1881 returning from foreign holders, and more than suf¬
ficient to balance the export of railroad and other securities.
Rates of sterling exchange are stronger in consequence of this,
and from the natural decrease in commercial bills at this time of
year. To-day the rates on actual business were about 4 84%@
4 84/2 for bankers’ 60 days, 4 86/2 for demand and 4 87 for cables.
The following were the rates of domestic exchange on New
York at the undermentioned cities to-day: Savannah, buying,
Ys, selling, Y@% prem.; Charleston, buying, Y prem., selling,
Champ.February..
Oreg’nR.Nav.Co.March
Ogd. <fe L.

54% 5444
65% 03% 64-44
134
133% 135%
133
69% 72% 72% 73%
46
46
46
46%
69
69% 68% 69%
102
103% 103% 104
61% 03% 6244 65%
121
119% 120%
49% 48% 49%
9044 92% 91% 91%
118% 119% 118% 119%
5444
64%

40
45

Jan.
Jan. 22

Jan. 24
3
Jan.
7
4 115% Mar.

9%

25%

60

92%
68% 110%
2278 50 %
63% 105
99% 127%
20% 42%
95
139%
174
77
21
57%
75
130%

9
Mar.
4 131
6
4 68% May
44% Jan.
Jan. 10
Feb. 26 110
94
5
4 139% May
124
Jan.
8
4
59% Feb.
38i2 Jan.
118
Feb. 25 135% Jan. 20
5
May
79
Feb. 25 104
21% Apr. 26 46% Feb. 14
103% Apr. 19 126% Jan. 20
39% Feb. 25 50% May 6 28% 49%
3 122
155%
Jari.
Feb. 25 155
140
51%
43% Feb. 25 52% Jan. 15 30
93%
Jan. 10 47
82% Feb. 25 95
36
Mar. 7 20
32% Jan. 13 51
64% Jan. 25 77% Feb. 18 39% 67%
44%
4
46% Mar. 5 23
36% Jan.
4
62% Feb. 18 27% 62
45% Jan.
50
Feb. 25 73% Feb. 19 13% 72%
6 34% 66
4
73% May
52% Jan.
Jan. 11 25% 48
39
Mar. 24 51
65
4 71
Jan. 11 33
61
Jan.
100
90
Feb. 25 104
May 6 60
113%
105% Feb. 25 1247s Feb. 14 80
Feb. 25 51% Feb. 17 26% 48
39
Jan. 17 51% 88%
Feb. 25 94
77
80% Jan. 3 120% Jan. 29 77% .116%

107

Jan.

Earnings.—The latest railroad earnings and the

The state¬
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:
totals from Jan. 1 to latest dates are given below.
ment includes the gross earnings of all railroads




139,694
762,603
566.245
7,765,679
2,548,599
314,139
797,345
1,080,679
464,082

160,999

8t.Louis.March
Ohio....April
Nashv.Ch.&St.L. March
N.Y. Cent. A Hud March

Mini*.<fe

109% 110%
33
3344
47
504
124% 124%
88% 90
147
147%

Y prem.; New Orleans commercial, 1*50
Chicago, 25@50 premium, and Boston,

Quotations for foreign

exchange are as follows:

Documentary

4 84%@4
4 83%@4
4 83
@4
5 20%@5

bills on London.

commercial

(francs)
Amsterdam (guilders)

Paris

3978<z>
94%@
94% 3>

(reichmarks)
(reichmarks)

Frankfort
Bremen

Coins.—The following are quotations
$4 84

Sovereigns
Napoleons

Demand.

Sixty Days.

May 6.
Prime bankers’ sterling
Prime commercial

prem., bank, 2*50 prem.;
9 pence discount.

@$4 87

3 82 @ 3 86
X X Reichmarks. 4 72 @4 76
3 92 @ 3 98
X Guilders
Span’h Doubloons. 15 55 @15 75
Mex. Doubloons.. 15 50 @15 60
1 12%@ 1 13%
Fine silver bars
par @ *4 prem.
Fine gold bars....
99 %@ par
Dimes & *2 dimes.
..

%s.

40%
95%
95%

40*8®
95 @
95

—

—

Mexican dollars..

uncommerc’l.

English silver....
Prus.

87*2

85%@4 86
4 85 @4 85^
5 18%®5 1678
4

@

in gold for various coins;

Silver %s and
Five francs
Do

4 86%@4

85%
84
83%
19%
401s
94%
94%

silv. thalers.

U. S. trade dollars
U. S. silver dollars

—

99 %@
92 @

—

94

88%@

—

89*2

87
4 72
68

@
@
@

—

—

—

—

99*4®

997sS>

par.

88*2
4 80

—

—

69

—

99%

par.

—

U. S.

shows the receipts
in this city, as well as the
the past week:

Sub-Treasury.—The following table

and payments at the Sub-Treasury
balances in the same, for each day of

Balances.

Payments.

Receipts.

April 30...
May 2...
“

“
“
“

Total.

3...
4...
5...
6...

$
749,247
1,249,731
842,408
1,721,324
1,363,692

$

46

70
92
48
53
1,332,473 05

898,538 67
1,569,419 65
2,143,350 93

1,741,947 23
1,505,302 16
2,844,287 70

7,258,878 14 10,702,846 34

Coin.

$
73.514,858 01
73,495,752 78

72,158,135 55
71,517.453 08
71,131,041 57

69,452,451 61

Currency.

$

5,579,394 01

5,278,911 29

5,315,486 51

5,935,546 23

6,180,348 11
6,347,123 42

THE

Mat 7, 1331. J

491

CHRONICLE.

GENERAL

QUOTATIONS OF STOCKS AND BONDS.
Quotations in Now York represent tlie per cent value, whatever the par may be; other quotations are frequently male per share.

often used, viz.: “ M.,” for mortgage; “ g.,” for gold; “ g’d,” for guaranteed; “ end./' for endorsed; “ cons.’*
convertible;
“ s. f.,” for sinking fund; “ 1. g.,” for land grant.
for consolidated; “ conv.,” for
Thursday;
Quotations in New York are to
from other cities, to late mail dates.
The

following abbreviations are

Subscribers will confer a favor
Bid.

United States Bonds.

by giving notice of any error discovered In tbese Quotations.

Ask.

Bid.

State Securities.

Virginia—(Continued)—
UNITED STATES BONDS.
Tax-receivable coupons
96
reg.. ..J&J 103% 103%
CITI SECURITIES.
103%
coup.... J&J 103%
Variousl 106
5s. funded, 1881
reg.. .Q—F 101 % 101% Albany, N. Y.—6s, long

€s, 1881
6s, 1881

6s, Currency,

1011$
113%
1143s
116%
116%

coup...Q—F
reg.. Q—M
coup.. Q—M
reg... Q—J
coup.. .Q—J
reg—J&J
reg
J&J
J&J
reg

5s, funded, 1881
4%s,1891
4%s, 1891
4s, 1907
4s, 1907

1895

72
94
85
100
27

6s, 10-20, 1900
J & J
Arkansas—6s, funded, 1899 ..J&J
7s, L. R. & Ft. 8. issue, 1900. A & O
7s, Memphis & L. R., 1899..A & O
7s, L. R. P. B. & N. O., 1900. .A & O

12%
12%
12%
12%
12%

7s,Miss.O. & R. Riv.,1900..A & O
7s, Ark. Central RR., 1900. A & O
7s, Levee of 1871,1900
J &J
California—6s, 1874
Connecticut—6s, 1883-4-5
Delaware—6s
Florida—Consol, gold 6s

8s, *76, ’86
Kansas—7s, long

4

i 104
J&J*

95

J & J
F &A
'..J & J

Georgia—68,1880-86
7s, new bonds, 1886
7s, endorsed, 1886
7s, gold bonds, 1890

1163s
1163s

109
111
111
118

Q—J

F& A
Maine—4s, 1888
War debts assumed, 6s, ’89. A& Oi
War loan, 6s, 1883
M&8
Maryland—6s, defense, 1883.. J&J
6s, exempt, 1887
J&J
6s, Hospital, 1882-87
J&J
6s, 1890
Q—J
5s, 1880-’90
Q—J
Massachusetts—5s, 1883, gold .J&J I
5s, gold, 1890
A&O
58, gold, 1894
Var.1
5s, g., sterling, 1891
J&J}

56
102
116
104
t08
109
109
109
100
103

A&O} 105
J & J 104

Michigan—6s, 1883

do
do
1887
N. Hampshire—5s, 1892
War loan, 6s, 1892-1894
War loan, 6s, 1901-1905
War loan, 6s 1884
.^.

New Jersey—6s, 1897-1902

68, exempt, 1896

90

&
&
&
&
&

J
J
J
J
J

J&J
J& JI
J &J
M&S
J&J*
J&J*

-

•

•

J & J
gold, coup., 1887
gold, 1883
J & J
gold, 1891
j & J
gold, 1892
A&O
gold, 1893
A&O
N. Carolina—6s, old, 1886-’98..J&J
6s, old
A&O
6s, N
6s,
68,
■6s,

104

116%
105

108%

no
112
107

125

iii%
113
123
124
107

do
do
do

no
106
no
120
121

35%

13
13
21
21
7
8
8

<3s,
4s,

86.

4s,

do

class 3

A & O
J & J

new, 1910
new, small

•

8
9

7%
87

J & J 101%
J & J 111

6s,1886
g,

111
108

’77-’78..F&A*

6s, short—

Var.1

7-30s
7s

Var. 1

M&N1

116

Skg. fd. 5s, 1930.M&N
Spec’lfd.4s, 1901. J&D
Co., O., 6s
t
1
7s, short
long 7s & 7-30s. 1
Cleveland, O.—6s. long
Variousl
Special 7s, 1879-’89
Yearly 1
Columbus, Ga.—7s, Various
Var.
Covington. Ky.—7-30s, long
1
1
7-30s, short.
8s
I
Dallas, Texas—8s, 1904
10s, 1883-96
Dayton. O.—6s 1890
1
Detroit, Mich.—7s, long
Var.t
7s, water, long
Var.1

108

do
do
do
do
Hamilton
do
do

68, g., 1906
Cur. 6s, 1909

F&A 116

y

*

new

Prioe nominal; no late




51%

transactions.

52

Hartford Town 4%s, untax

I Purchaser also pays

110
30
30

105
111
108
107
Hudson County’, 6s
A&O 104
do
7s.M&SandJ&D 108
Bayonne City, 7s, long
J&J 104
Lawrence, Mass.—6s, 1894...A& OI 119
Long Island City, N.Y—Water,7s,’95 105
Louisville, Ky.—7s, longdates. Var.1 118

107
112
110
108
105
110
105
121

Houston, Tex.—10s
6s, funded
Indianapolis, Ind.-7-30s,’93-99. J&J
Jersey City—6s, water, long, 1895..
7s, water, 1899-1902.
J & J
7s, improvement, 1891-’94
Var.
7s, Bergen, long
J & J

j Mass.—6s,‘i890*,

Lynchburg, Va.—6s.,

W.L.M&Nt
J & J

121

121%
125

121%
125

107%
121%
109
107

109

117
117

108%

Newport—Water bonds
N.Y.City--5s, water stock,’90.Q— F l
6s,
do
1883-90
Q—F
68, aqueduct stock, ’81-1911..Q—F
7s, pipes and mains, 1900..M &N
6s, reservoir bonds, 1907-’11.Q—F
5s, Cent.Park bonds, 1898...Q -F
6s,
do
1895... Q—F
78, dock bonds, 1901
M & N
6s,
M &N
do
1905
7s, market stock, 1894-97..M&N
6s, improvem’t stock, 1889.M & N
7s,
do
1890 ...M&N
6s, gold, cons, bonds, 1901. M&N t
6s, street impr. stock, 1888. M & N
7s,
do
do
1882.M & N
6s, gold, new consol., 1896
78, Westchester Co., 1891
Newton—6s, 1905, water loan..J&J
5s, 1905, water loan
J&J
Norfolk, Va.—6s,reg.stk,’78-85. .J&J
8s, coup., 1890-93
Var.
8s, water, 1901
M&Nt
Norwich, Ct.—5s, 1907
A&OI
7s, 1905
J.&J
Orange, N. J.—7s, long
1
Oswego, N. Y.—78, 1887
1
Vai
Paterson, N. J.—7s, long
6s, long
5s, long
Petersburg, Va.—6s
J&J
88
J&J
8s, special tax

Philadelphia, Pa.—5s, reg
110
110

120

105
110
110
110

113
113
113
115
117
125
120
115
117
117
120
44
47
47
44
44
47
44
47
121% 123
111% 113
115
113

accrued interest.

120
109
130

111%
121

4

101%
105
103
119

50
45

102

50
60
110
no

112%
117
120

130
115

107%
100
115

45
55
110% 111
108
109
115
104
120
106
128
130
L22
120
no
109
118
119
130
128
122
123
127
126
108
107
114
116

109
104
121
109
126
114
107
120
124
112
125
108

no
107
122
no
128
116

116
109
104
100
114
114

117
no

115
130
no

105%
116

118

J&J*

J&J
6s, old, reg
6s, new, reg., due 1895 & over. J&J
4s, new
Pittsburg, Pa.—4s, coup.,1913..J&J.
5s, reg. and coup., 1913......J&J.
7s, water,reg.&cp.,’93-’98...A&0. no

•

•

•

••••'

•

•

•

• •

7s, street imp., reg, ’83-86—Var.

105%

1

120

Var.1 110% 113
Var.1 108% 110%
Var.1 103% 105%

6s, short
5q
Lowell

.

’

102

102

Ask.

108
25
25

Haverhill, Mass.—6s,'85-89.. A&01

119
106
8s
:
J & J 125
Lynn, Mass.—68, 1887
F&A I 111
Water loan, 6s, 1894-96
J&J 119
M&N1 101
5s, 1882
100
Macon, Ga.—7s
Manchester, N.H.—5s, 1883-’85J&J 1 102
113
J&Ji 117
6s, 1894
124% Memphis, Tenu.—6s, C
J&J 20
114
I&J 20
68, A & B
121
6s, gold, fund., 1900
M&N 20
40
114
6s, end., M. & C. RR
115
6s, consols
J&J 35
100% Milwaukee, Wis.—5s, 1891
J & I) 98
106
Vs, 1896-1901
Var. 110
J&J 115
7s, water, 1902
127
Mobile, Ala.—3-4-58, funded..M&N 47
123% Montgomery, Ala.—New 3s ..J & J 55
80
119
58, new.
100
106
Nashville, Tenn.—6s, old
100
110
6s, new
120
Newark—6s, long
Var.1 llo%
143
7s, long
Var.1 116
142
78, water, long
Var.1 119
New Bedford,Mass.—6s, 1909. A&O* 125
142
124
5s, 1900, Water Loan
A.&O 113
N. Brunswick, N. J.—7s
130
1 105
114
6s
1 98
115
Newburyport, Mass.—6s, 1890-J&J1 113
N. Haven, Ct.—Town, 6s, Air Line...
116
120
Town, 6s, war loan
.'
..
do
112
6s, Town Hall
111
City, 7s, sewerage
do
123
6s
do
127
5s, 1897
.t
43
New Orleans, La.— Premium bonds.
Consolidated 6s, 1892
65
Var. 52

101% 102

105
101
108
110
121

Bid.

City Securities.

7s, short dates
6s, long

Long 1

^

10-40s,

112
112
113
120
120
120
123
126
118
128
128

Southern RR. 7-30s. 1902...J&J1 130% 131
do
7-30s, 1906
1 129

District of Columbia—
5s, cur., reg., 1877-’82
F&A
Consol. 3-65s, 1924, coup
5s, new, reg., 1892-1902
F&A
F&A
6s. 10-15, reg., 1877-’82
Consol. 3-65s, 1924, reg
F & A 118
105
6s, 15-25, reg., 1882-’92
Funding 5s, 1899.'.
J&J1
F&A
do
small
J&J 1
Rhode Isl’d—6s, 1893-9, coup.. J &J ii*5
South Carolina—6s, Act of March \
do
registered
J&J t
10
10%
Perm. imp. 6s, guar., 1891...J&Jt
23,1869. Non-fundable, 1888.. )
104
Perm. imp. 7s, 1891
Browne consols
107
J&Jt
Wash.—Fund.loan(Cong.)6s,g.,’92t
Tennessee—6s, old, 1890-98 ..J&J 74% 74^8
Fund. loan(Leg.)6s,g., 1902 Varl
6s, new bonds, 1892-1900 ..J&J 74
743g
6s, new series, 1914
J&J 74% 74%) Elizabeth, N. J.—7s, short
50
54
7s, funded, 1880-1905
Var.
Past-due*coupons
no
7s, consol., 1885-98
A&O
Texas—6s, 1892
M &Sf 108
118
7s, gold, 1892-1910
7s, 1905
M&St 116
Fall River, Mass.—6s, 1904...F& Af
120
7s, gold, 1904
J &Jt 118
116
5s, 1894, gold
F&A 1
Vermont—6s, 1890
J & D 116
42
Fitchburg. Mass.—6s. ’91, W.L.. J & Jt
Vn-ginia—6s, old, 1886-’95....J & J 40
40
os, new bonds, 1886-1895...J & J
Fredericksburg, Va.—7s
M&N
6s, consol., 1905
Galveston, Tex.—10s, ’80-’95 ..Var.
J & J 116
Galvest’n County,10s. 1901.J & J
83
5>s, do
ex-coup., 1905... J & J 81
6s, consol., 2d series
Hartford, Ct.—City 6s, var. dates..*
J & J 40
6s, deferred bonds
19
19%
Capitol, untax, 6s
1
......

114
120

Var.1

.

82

Ohio—6s, 1881

Pennsylvania—5s,

42
42

35%

off
off
■6s, Funding act of 1866 1900 J&J
6s,
do
1868,1898A&0
€s, new bonds, 1892-8
J&J
6s,
do
A&O
■6s, Chatham RR
A&O
6s, special tax, class l,1898-9A&o
A&O
«s,
do
class 2

6s, currency, 1894
Var. 123%
5s, gold, 1905
Var.1-117
4s, currency, 1899
J&J 105
Brooklyn, N.Y.—7s, ’81-83....J & J 103
7s, 1883-95
J&J 110
7s, Park, 1915-18
J&J 140
7s, Water, 1903
J&J 139
7s, Bridge, 1915
J & J 140
6s, Water, 1899-1909........J & J 119
J & J 126
6s, Park, 1900-1924
Kings Co. 7s, 1882-’89
M&N 106
do
M&N 103
6s, 1880-’86
Buflalo, N. Y.—7s, 1880-’95....Var 102
7s, water, long
.Var.t 115
6s, Park, 1926
.M&S* 108
Cambridge, Mass.—5s, 1889...A&01 109
68, 1894-96. water loan
J&J1 121
6s, 1904, city bonds
J&J 125
Charleston, S.C.—6s, st’k,’76-98..Q-J
78, fire loan bonds, 1890
J & J 60
105
7s, non-tax bonds
75
4s, non-taxable
Chelsea. Mass.—6s, ’97,waterl.F&At 120
Chicago, Ill.—7s, water bonds, 1892 120%
124
78, water bonds. 1895
120%
7s, city bonds, 1892
124
7s, city bonds, 1895
106^
4%s, city bonds, 1900
120%
Cook Co. 7s, 1892
108
Cook Co. os, 1899
106%
Cook Co. 4%s, 1900
106%
WTest Chicago 5s, 1890
109
Lincoln Park 7s, 1895
Cincinnati, O.—6s, long..

A&O 142
J & J 121%
A & O 121%

coup,
coup,

Q—J 1193s

West Park 7s. 1891
South Park 6s, 1899

•

J & J 142

C. RR., 1883-5

Q—J 108
J&J 112%
Q—J 1193s

Boston,Mass.—6s,cur,long,1905Var1,125

New York—6s, gold, reg., ’87...J&J no

6s,
6s,
6s,
6s,
6s,

105

....

110% 111%

Lll
122
123
106..

117
107

6s, Park, 1890
Q-M 119
6s, bounty, 1893
M& S 120
6s,
do
exempt, 1893... M & S 122
30
5s, funding, 1894
M&N 117
6s, 1900
J&J 126
6s, West. Md. RR., 1902
J&J 126
5s, consol, 1885
Q—J 104
6s, Valley RR., 1886
A & O 112%
15%
5s, new 1916
M&N 123
6
Bangor. Me.—6s, RR.,1890-’94.Var.1 113
6s, water, 1905
J&Jf;118
6s, E.& N.A. Railroad, 1894.. J&Jt j 113
6s. B. & Piscataquis RR.,’99.A&01,113
102
VarlilOO
Bath, Me.—6s,railroad aid
1103
5s, 1897, municipal
Belfast, Me.—6s,railroad aid, ’98..t|10l

119
116
118

110%
J&J 110%

117

110

Austin, Texas—10s
Baltimore—6s, City Hall, 1884
6s, Pitts. & Con’v. RR.,1886..
72%
6s, consol., 1890
6s, Balt. & O. loan, 1890

M&N 115

7s, 1890

Minnesota—7s, RR. repudiated
Missouri—6s, 1886
J
Funding bonds, 1894-95
J
Long bonds, ’89-90
J
Asylum or University, 1892. J
Hannibal & St. Jo., 1886
J

Allegheny Co., 5s
Atlanta, Ga.—7s

97

Augusta, Me.—6s, 1887, mun..F&Al 107% 108%
112
Augusta, Ga—7s
Various 110

103%
114% 115
116% 117

108
M&N 1 110

1894
1888

r

J&J
J&J*
J&J*
J&J*

Do.
8s
Waterworks

A & O
115
J&J no
7s, 1914..J&J 59% 60

Louisiana—New con.
7s, small bonds

do

6s, 1876-’90
W’harf 7s, 1880

71%

Class “B,” 5s, 1906
Class “C,” 2 to 4, 1906

do
do

114%

M&N

STATE SECURITIES.
Alabama—Class “A,” 2 to 5, 1906...
do
small

do

7s long
Allegheny, Pa.—4s

130
131
132
133
134

6s, Currency, 1896
6s, Currency, 1897
reg—J&J
6s, Currency, 1898
68, Currency, 1899
reg
J&J
FOREIGN GOV. SECURIT’S.

Quebec—5s, 1908

101%
113%

Ask.

103

Portland, Me.—6s, Mun., 1895. Var.1 ii6
M&S 119
6s, railroad aid, 1907
Portsmouth, N.H.—6s, ’93, RR. J&J 1 115

121
117

Poughkeepsie. N. Y.—7s, water — | 115
117%
Providence, R.I.—5s, g.,1900-5.J&J t 117
130
6s, gold, 1900, water loan...J & J 127
6s, 1885
M & 81 106 108
Richmond, Va.—6s
J&J 112% 113
130
8s
J & J 129
......

5a

.

Rochester, N.Y.—6s
7s, water. 1903

Var.

J & Jt

104
106
122
99

Rockland, Me.—6s, ’89-99,RR..F&A
St. Joseph, Mo.—7s
Var.
J & J
Bridge 10s, 1891
St. Louis, Mo.—6s, short
Var.t 108
111
Water 6s, gold, 1890
J & Dt 112
do
do (new). 1892.A&O

Bridge approach, 6s
Renewal, gold, 6s
Var.
Sewer. 6s, gold, 1891-’93.... Var.
J In London

112
112
112,

106

100

114
-

•

•••<

nTHE CHRONICLE.

492

GENERAL QUOTATIONS OF STOCKS

City Securities.

Bid.

St. Louis, Mo.—(Continued).—
St. L. Co.—Park, Gs, £.,1905. A A O

116*2

J

Adjustment bonds, 1903
Income bonds, 1908
107
115

Consol., 7s, gold, 1900
do

100
118
115

106*2 109

A&O

1115

Yonkers. N. Y.—Water. 1903
RAILROAD BONDS.
Ala.Cent.—1st M.,6s, 1918....J&J
Inoome Gs, 1918
J&J
Ala. Gt. Southern—1st mort., 1908

100
42*2

Jill

113
108
122

Alb’y & Susq.—1st M., 7s, ’88..J&J

2d mortgage, 7s, 1885
A&O
Consol, mort., 7s, 1906,gnar.A&0

AJlegh. Val.—Gen. M.,7 3-10s..J&J
East, exteu. M., 7s, 1910
A&O
Income, 7s, end., 1894
A&O
Atch’n & Nel).—1st, 7s, 1907.. M&S
Atch.& Pike’s Peak—lst.7s, g.M&N
Atoll. Top.& S.F.—1st, 7s, g.,’99. J&J
Land grant, 7s, g., 1902
A&O
2d mort., 7s, g., 1903, conv. A&O

50
112
no

South Side,Va.,lst,8s,’84-’90.J&J
do
2d M., 6s,’84-’90.J&J
do
3d M.. Gs,’86-’90.J&J

103
123
107

4th M., 8s.1900. J&J

Baltimore & Ohio—6s, 1885..A&O

Sterling mort., Gs,
do

Gs,

116
116
9G

g.,

’117

1902. .M&S

1910. M&N :i24

ParkersburgBr., Gs, 1919.../

:ii3

1st, tunnel, Gs, g., g’d, 1911.1

m3

Equipment, Gs, 1885
Lowell—1st,
Notes, 8s, 1883
Bast. Conc.& Mon.—S.F., 6s,’89. J&J
Fram gham &

107

104
109

119
126
115
115

103

93

107*2

"44"

11G
70

117
75
103*2 101
108
109
109

55
r

10238 102*2

do
do

con.

t 117*3 119
1120
122

>

r
Cent. Iowa—New 1st., 7s

7s, conv, 1902, assented...
*

ii8
113

116*4

Price nominal; no late transactions,




101
120

88
120

98

102

1112*2
not

108

1114

116
no

1108

f

rndianapolis C. &L., 7s of ’97..
Tnd’annli* & Cin.. 1 st.. 7s.»S8. \ &O

117

117
63

38
......

*

195

gold,’94, F&A

100

102*2
lUi>

109*2
110

128

“

m”
117
117

107*4

Des M. & Ft, D.—1st, Gs, 1904. J&J
k
1st inc., Gs, 1904...
Detroit & Bay C.—1st,8s,1902.M&N ICO
1st AI., 8s, end. AI. C., 1902.M&N 1112*2 114
117
Det.G.Haven&Mil.—Equip.6s,1918 ♦115

Con. AI., 5)6 till’84, after Gt.. 1918 +110*2 111*2
Dot.& Pontiac, 1st AI.,Gs,’8G. A&O 100
Det. L. & North.—1st,7s, 1907. A&O 1117*4 117%
Dub. & Dak — 1st M., os, 1919. J&J i
104
Dubuque&

Sioux C.—1st,7s,’83. J&J

116

1st mort., 2d Div., 1894
J&J
Dunk. A.V.&P.—lst,7s,g..l890J&D
East Penn.—1st M.,7s, 1888..M&Si

Flint & P.Alarq.—1st

104

100

110
...

no
109

m.,l.g.8sM&N(

Mortg. 6s, L920
.’
A&O)
Flint & Holly, 1st, 10s, ’88.M&Nj
110%
Bay C.& E. Sag.—1st, 10s„S2.J&Jr
127
125
Holly W. & AI —1st, 8s, 1901.J&JF
127
Flushing & N. S.—1st, 7, ’89..M&N(
2d mort., 7s
M&NJ
107*8 108*2
133
no-

120

Ft. Madison &N.W rlst7s.g.,1905ji
Ft. W. Jack. &S.—1st, 8s, ’89..J&JI
Ft.W. AIuu.& C.—1st, 7s, g.,’89. A&Oj
Frankfort & Kokomo—1st, 7s, 1908

123*2

Gal.Har.&S A.—lst,6s,g.l910.F&A

107
127

102*4

133
......

125*4 126
no
100
110
105
116
no
115
115

103
109
♦114

6s.

no

no
115

Houst.&Tex.Cen.—lstM.,7s,g’d,’91
West. Div., 1st, 7s, g., 1891..J&J
Waco & N. W., 1st, 7s, g.,1903. J&J
Cons, mort., 8s, 1912
A&O

......

108
112
120
122

+

1105
1116
1109
102

117
no
103
108

1108
f
j no

......

11*3'*

107*a TOO

t The purchaser also pays aoor iod interest.

85

127
113
122

J&J

Gr.Rap. & Ind.—1st, l.g., g’d, 7s, g.
1st AI.,7s, l.g., gold,not gnar. A&O
Ex land grant, 1st 7s, '99
Gulf Col. & S. Fe— 1st, 7s,1909 J&J
Hannibal & Nap —1st, 7s, ’88.M&N
Han. & St. Jo.— Conv. 8s, 1885. AI&S
Kans. C. & Cam., 1st, 10s,’92. J&J
Housatonic—1st M., 7s, 1885.F&A
Houst. E. & W. Tex.—1st, 7s, 1898.

101*4
109

100

1st La Grange, ex Gs, j 910. F&A
2d
do
7s, 1905 J&D

Georgia—17s, 1870-96

no

105
100
liO
65

Gal.Hous.&H.—1st, 7s, g.,1902. J&J

124*4

2dM.,8s,’90,ctfs.A&O

St. Paul&S.City, 1st 68,1919.A&O
Chic. & Tomah.—Scrip, all paid
£30 paid.....
Cin. Ham. &Dayt.—2d, 7s, ’85 J&J
Consol, mort., 7s, 1905
A&O
,
1
do
6s, 1905
A&O
Cin. H. & I., 1st M., 7s, 1903.J&J
Cin. I. St. L. & Chic.—Con. 6s, 1920>
Cin.& fndiana, 1st M.,7s,’92.J&D
Cin. & Cin., 2d M.. 7s.’82-87.J&J

113*3
1

104

90
108*2 no
A&O
Equipment, 7s, 1890
108
97*4 97 7s Evausv. & Crawf.—1st, 7s, ’87.J&J 103
107*2i Evansv.T.H.&Chi.—1st, 7s, g.AI&N 1102*2 104
106
107
no
111*4 Fitchburtr—5s, 1899.
115
98
Gs, 1898
A&O) 114
127
7s, 1894
A&O) 126
no

1897,7s

2draort. debt
A&O
Chic.St.P.AIin.&Om.—Con. 6s, 1930
Ch.St.P.& Alinn. lst,6s,1918M&N
Land grant, inc., Gs, 1898AI&N
North Wise., 1st Gs, 1930
J&J

100

115*3

Fund, coupon 7s,

*101
*100

118
E.Tenn.Va.& Ga.—1st, 7s,1900. J&J 117
102
E. Tenn. & Ga., 1st, 6s,’80-80.J&J 100
101*2
101
E.Tenu.& Va.,end.,Gs, 1886. M&N
108
121
124
124
Eastern, Alass.—4*2S, g.,1900.AI&S 11047e 105
105
125
124
Sterling debs., Gs, g., 1906..M&S $103
117*2 118*4 Elmira& W’mspt—1st, Gs,1910.J&J
124
5s, perpetual
A&O
125 7e Erie & Pittsb.—1st M., 7s, ’82. J&J tlOl
112
Cons, mort,, 7s, 1898
123
J&J 110

N.O.Jack.&Gt. N.,lst.,8s,’8G. J&J

10L
103
101
100
117
100

108
112
100

122
122

2d mort Gs, 1907
J&D
Ten. lien, 7s, 1897
M&N
Miss. Cen., 1st M.,7s,’74-84. AI&N
do
2d mort., 8s

t96

90

71% 73
noo
*115
118
*108
114
*109
113

,

Chic.&S.W..l8t,7s,guar.,’99.Al&N t
Chic. St. L.&N.O.—1st

127
145
100
120
123

'

132*4

102
do

120

1115
1116
Alassawippi, g., Gs, gold, ’89 J&J t
57
Conn. Val.—1st AI., 7s, 1901...J&J
33
Conn. West,—1st AI., 7s, 1900. J&J

Dakota Southern—7s.
<*•••••

P. D., 2d AL, 7 310s, 1898..F&A
St. P.&Chic., 7s, g., 1902....J&J
Alii. & St. P., 2d AI., 7s, 1884.A&O
La. C., 1st AI., 7s, 1893
J&J
I. & M., 1st AL, 7s, 1897
J&J
I’a. & Dak., 1st M., 7s, 1899. J&J
Hast. & Dak., 1st AI.,7s, 1910. J&J
Chic. & MU., 1st AI., 7s, 1903.J&J
1st mort., cousol.. 7s, 1905. .J&J
1st M., L & I>. Ext., 7s, 1908J&J
1st M.,6s, S’thwest Div.l909J&J
1st AL, 5s. La C. & Dav.l910J&J
So. Minn. 1st Gs, 1910
J&J
Chic. & Pac. Div. Gs, 1910
Aliueral Pt. Div., 5s, 1910...J&J

1108

do

126

Connecting (Piiila.)—1st, Gs ..A1&3
Cumberl’d & Penn—1st 6s,’91.Al&8
2d Gs. 1888
M&N
Cumber!. Val.—1st M.,8s,1904.A&0

114" 117"

118
Consol, mort., 7s, 1893
Chic.&N.W—Sink.f.,lst,7s,’85 F&A
A&O 1116
Bost. Hart.& E.—1st, 7s, 1900. J&J
62*2 62 34
Interest mort., 7s, 1883
AI&N
Consol, mort., 7s, 1915
Q—I'
Exten. mort., 7s, 1885
1121*2 122
F&A
1111
L13
1st mort., 7s, 1885
F&A
104*2 105
Consol., gold, 7s, cp., 1902..J&D
1126*2 127
do
do
rog
U26
127
Sinking fund, 6s, ’79, 1929. A&O
do
116*2 11634
dp
reg....
100
no
Iowa Alid., 1st AL, 8s, 1900. A&O
129
130
Gal. & Chic, ext., 1st, 7s,’82.F&A
Buff.N.Y.&Phil.—1st
Peninsula, 1st, conv., 7s,’98.M&S
2d mortgage, 7s, g.
Chic. & Alii., 1st AL, 7s, ’98..J&J
Bur. C. R.&N.—I st. 5s
Chic. Pek.&S.W.—1st, 8s,1901.F&A
50
Bur.&Southw.—1st A3
Cliic.R.I.&Pac.—6s, 1917,coup. J&J
Cairo & St.L.—1st M.,
6s, 1917, reg
J&J
♦42

1

115

in'

'

J&J

7s, 1910

1127
127*2
1117*2 118

102
1 109
1110
F&A 102
5s, ’91 t92

Ill

107

!hic. & East III.—Skg. fd., cur. 1907
Small bonds
Income bonds, 1907
Chic. & Gr. Trunk—1st mort., 1900 ♦110
95
s. & Iowa—2d AI., 8s, 1901.J&J
1114
1114

Belvidere Del.—1st,Gs,c.,1902.,
3d mort,, Gs, 1887
F&A
Boston & Albany—7s, 1892-5.F&A
6s, 1895
J&J
Bo8t,Cliat.& F — 1st M..,6s, ’84, J&J
1st M., 7s, 1889-90
J&J
N. Bedford RR., 7s, 1894....J&J

:

12478 125
120%

108

Ihic. & Can. So.—1st, 7s, 1902 A&C
Jhic.Clin.Dub &Minu.—7s,’84 F&A

113

......

Balt. & Pot’c—1st, Gs, g., 1911.

'

105*2

Quincy& Wars’w, 1st, 8s, ’90.J&J

J&L' ;107*2 108*2
116
AI&l- ,114

g.,

lev. Col. C. & L—1st, 7s, ’99.M&N
Consol, mort., 7s, 1914
J&D
Belief. & Tnd. AI., 7s, 1899...J&J
lev.&M. Val—1st, 7s, g.,’93.F&A
S. F. 2d mort., 7s, 1876
AI&S

......

102*2
102*2

Virginia&Teun., M.,6s, 1884.J&J

in.&Sp.—7s, C.C.C.& £., 1901.A&O
7s, guar., L.S.& M.S., 1901.. A&O

in

100*2

112“

g...J&D

108*4
Danb’y & Norwalk—7s, ’80-92. .J&J 100
128*4 129
Dayton & Mich.—1st M., 7s, ’81. J&J 1 100*2
2d mort., 7s, 1887
Bonds, 5s, 1895
M&S ft
J&D 1101*2 102
3d mort., 7s, 1888
103
5s. 1901
A&O
A&O 1108*2
Bur. & AIo. R., I’d AL, 7s.’93.A&0 116*2 117
1st mort., 7s, 1905
do
Conv. 8s,’94 ser.J&J 1163
1G5
J&J
L14*2 Delaware—Alort., Gs, guar.,’95. J&J
Bur.&IVIo.(Neb.), 1st,Gs,1918. J&J *114
Del.&
Bound
do
B’k—1st, 7s,l905F&A 121"
1G5
8s, conv.,1883.J&J 163
Del.Lack.& W.—Couv.7s,1892 J&D 116
do
Cons, Gs, non-cx.. J&J 1105*2 LOG
Mort. 7s. 1907
...AI&S
do
118
Neb. RR,1st,7s,A&O 117
Den.&Rio G.—1st, 7s, g., 1900. AI&N 116*2
do
125
Om.&S.W.,lst,8s,J&D 123
1st consol, mort., 7s, 1900
Dixon Peo.& H.,lst, 8s,’74-89J&J 112*2 L14
J&J 116*2
125
Ott. Osw.& F«x R., M.,8s,’90.J&J 123
Denv.S.P.&Pac.—1st,7s,1905 AI&N * 107

103
103
no
111

(

116*4

Ask,

102
105
Sand’ky & Cl.—Gs, 1900..F&A noi
102
1103
7s, 1887 extended
AI&.S
104
Consol, mort., 7s, 1890
J&D 105*2 106

1

113*2 114

do
2d, 7s, 1900 M&N
St.L. Jacks’v.& C., 1st,7s,’94. A&O
do 1st Riiar.(5G4),7s,’91A&0
do 2d AI. (3G0), 7s, ’98..J&J
do 2d guar.( 183) 7s,’98. J&J
lliic. B. & Q.—1st, S.F.,8s, ’83.J&J
Consol, mort., 7s, 1903.
J&J

124
121
140
10G

N.Mex.&8o. Pac., 1 et;7s,1909 A&O 116
116*2
113
Pleas’t Hill & De Soto, lst,7s,1907 112
Pueblo & Ark.V., 1st, 7s, g.,1903. 1117*2 118
Income, 6s
Atlantic Mississippi & Ohio—
Norf’k & Petersb., 1st, 8s. ’87.J&J
do
1st M.,7s, 1887. J&J
do
2d M., 8s. 1893.J&J

;

in.

1
100

Miss.liiv. Bridge, 1st., s.f.,Gs, 1912
Joliet & Chic., 1st AL, 8s,’82.. J&J
Louis’a& AIo.R., 1st. 7s,1900F&A

113*2 115

1114
112
94

in. Rich. &F. W.—1st, 7s,

.

116*2 118

Wichita&S.W.,lst,78,g.,gua..l902
Atlanta & Charlotte Air L., 1st, 7s

iios*

1109

i

_____

9934 100
5s, 1900
95
95*2
5«, plain bonds, 1920
Florence & El Dor’do, lst.7s.A&0 112*2 114
121
K.C.Topeka&W., 1st M.,7s,g.J&J 1119
income 7s. A&O

Q-AI

Bid.

1

108*2
101*2

9o

assented

i90S..

120

116*2 117

Land income, 8s
Guaranteed 7s, 1909-. J&J&A&O

Sterling, 5s, 1927
Sterling, Gs, 1895

Railroad Bonds.

Consol. S. F., 7s, 1900
AI&N
C.C.& T.C.—1st cons.,7s, 1908.A&O
in
Cal.& Or. C.P.bonds, Gs,g.,’92 J&J J109
2d mort., 7s, 1909
Land grant AI., Gs, g., 1890. A&O
106
F&A
Trust Co. cert., 1st, ass’d
n 1%
West. Pacif., 1st, Gs, g., ’99. .J&J in
do
do
l< lliarl’te Col.&A.—Cons.,7s, 95.J&J no
112
supplementary,
do
99
income 7s.. 1890
100
2d mort., 7s, 1910
J&J
Chic. & Gt. East,, 1st, 7s,’93-’95.
llieraw & Dari.—1st AI.,8s,’88. A&O 116
10G
Col.& Iud. C., 1st AI., 7s, 1904. J&J
2d mort., 7s
do
2d M.. 7s, 1904.M&N
Un.& Logansp.,lst,7s, 1905.A&O
Series A.
T. Logansp. & B., 7s, 1884..F&A
SG'^s 86 7e
Gs, gold, series B, int. def.
Cin. & Chic. A. L., 1886-’90
84
Gs, gold, small bonds, 1903
61*4 613$ Columbia & Green., 1st Gs
Gs, currency, int. deferred, 1918.
Col. & Hock. V.—1st AL, 7s, ’97. A&O
57
Gs, currencv, small bonds, 1918 .
_<*
2d AL, 7s, 1892
J&J
Va. Cent., 3d AL, Gs, 1884...J&J 101
Col. Springf.& C.—1st, 7s,1901. AI&S
1 108*2 109
119
Col. & Toledo—1st mort. bonds
2d mort
120
Sterling mort., Gs, g., 1903..J&J 1118
Col. & Xenia—1st AI., 7s,1890.AI&S
Income, 7s, 1883
A&O 103
1 Conn. &
Bds. Kau.C. line,Gs,g.,1903.At&N 112
Passuinp.—AI., 7s, ’93.A&O

54

101
1122
♦ 120
1135
J&J 1 105

......

< lent. Ohio—1st M., Gs, 1890..AIttS
( lent. Pacific— 1st, Gs, g.,’95-98.J&J
State Aid, 7s, g., 1884
J&J
S. Joaquin, 1st AI.,Gs, g.l900.A&0
Cal. & Oregon, 1st, Gs, g., ’88.J&J

Var. 1

8s, water, 1893 & ’94
Var. 1
Washington, D.C.—See Dist. of Col.
90
Wilmington, N.C.—Gs
108
8s, gold, con. on
Worcester, Mass.—Gs, 1892...A&O 1117
5s, 1905
A&O 113

do

Ask.

130*2
12934

do
assented
Leli.& Wilkesbarre Coal,’88,M&N
Small bonds, 1888
A1&N

125

1

Toledo, 0.-7-308, RR., 1900.M & N

108
101

;

M&N
Small bonds, 1908
M&N
Dock
Am.
& Imp. Co., 7s,’86 J&J

115
108
87
90
Savannah funded 5s. consols
no
Somerville, Mass.—5s, 1895..A&O tl07
108
6s, 1885
J&J 1107
A&O 1108*2 no
6*28,1884
122
Springfield, Mass.—Gs, 1905..A&O 1120
130
78,1903, water loan
A&O 1128

do

Bid.

Railroad Bonds.

Ask.
(

Currency, 7s. 1887-’88
Var. no
8t. Paul, Minn.— Gs, ’88-’90.. J & D 102
78, 1890
M&N 110
8s, 1889-96
Var. 115
Salem, Mass.—Gs, long, W. L.. A&O 1122
5s, 1904, W. L
J&J 1113
S. Francisco—7s, g.,City & Co..Var. 100

4s. 1905

AND BONDS—Costixiied.

Explanation* See Notes at Head of First Pane of Quotations.

For

8s

(VOL. XXXII.

104*
114

123*2

L25

Waco & N., 8s, 1915
9913 102
Inc. aud Ind’y 7s, 1887
M&N
124
Hunt. & Br. Top-lst, 7s, ’90..A&O
2d mort., 7s, g.*, 1895
F&A 112*
Cons 3d M. 7s. 1895
A&O
Ill. Cent.—1st M.Chic.& Spr.’98J&J
Sterling, S. F., 5s, g., 1903.. A&O U<>3
Sterling, gen. M.,6s, g., 1895. A&O ^114
.

do
58,1905
J&D
111. Grand Tr.—1st, M.. 8s. ’90. A&O
,

4 In London.

JL05

117

‘

Mat 7,

K.CFtSco&

GENERAL QUOTATION
For

LM.S.&C&lMarksv,8t’g6i1902
Income,

1919

2d mort., 7s,

89

801+2

& 6s,

| 89L2

100
65
111
102
110

11

2d mort.. 6s, g.

9914

income, 8s, 1909.

115

81

Mich, Cent.—(Continued)—
Joliet & N.Ind.,lst,7s (guar. 5
Midland of N. J.—1st mort

Income, “A.”
75
110
75

112

991+2

89*2
16
11

1-5-Os, 1910...
Minneapolis & Duluth.—1st 7s.

)

Minn. & St. L.—1st M.. 1927...
1st M., Iowa City&W., 1909...
1st mort., C. R. I. F. & N., 19!

)
)

series

1116

......

’

120

109*2 1095S
98*8 98*2
m

m

m

m

•

85*6

112

43

do
income, 1920.
Laf. B1.& Mun.,lst, Gs,1919.M&N

income, 7s, 1899.
Lake Shore & Mich. So.—
M. So.& N.I., S.F.,lst, 7s,’85.M&N
Cleve. & Tol., 1st M.,7s, ’85..J&J
do
2d M., 7s, 1886.A&0
Cl. P. & Ash., new 7s, 1892.. A&O
Bufl.&E.,newbds, M.,7s,’98. A&O
Buff. & State L., 7s, 1882....J&J
Det. Mon. & Tol., 1st, 7s, 1906.
Jamest.& Frankl..lst, 7s, ’97.J&J
do

do
2d M.,7s,’94. J&D
Kalamazoo A1.&Gr.R.,lst, 8s. J&J
Kal.& Schoolcraft, 1st, 8s.’87.J&J
Kal.& Wh. Pigeon.1st. 7s,’90.. J&J
Dividend bonds, 7s, 1899...A&O

S., cons.,cp., 1st,7s.J&J
do cons.,reg.,l8t,7s,1900.Q—J
do cons., cp., 2d,78,1903..J&D
do cons.,reg.,2d, 7s,1903.J&D
Lawrence—1st mort., 7s,1895.F&A

87
47

79

78
110
75

Car. B.t 1st m

3d mortgage
Income, 7s, 1

13
95

Mobile & O.—1st pref. debt

63%

2d pref. debentures
3d pref. debentures
4th pref. debentures
New mortgage, 6s, 1927.

110

10*8*8

.

Morris & Essex—1st, 7s, 19

12812

Peoria Dee.&

109

49*2

5s, 1900.

113

Ev.—1st,6s,1920,J&J

Phila. & Read.—lstM.,6s,1880.J&J
2d mort., 7s, 1893
A&O

125

1

Natchez Jack. & Col.—1st,
Nevada Cen.—1st 6s, 1904.

tioo

os,

105
110
100

110

115

114
fill

do
North Ext., 8s, ’90.M&N t
J. L. & Sag. Cons. M..8s,’9l.M&8l 108

Price nominal; no late transactions.

115

112

...

Oliio&Miss.—Cons. S. F.7s,’98.J&J
Cons, mort., 7s, ’98..,
.J&J
2d mort., 7s, 1911
A&O

[109
100
103

112*2 113

115*4

123

103

113
93

114*8
44
14
128
128

Portl’nd&Ogb’gVt. div., 1st M,

-'
_

ii5
uincy Mo.& P.—1st,6s, guar.,1909

48
16

en.&S’toga—1st 7s,1921 cou.1V
1st 7s, 1921, reg

Rich’d&Dan.—Con.,6s,’78-90. M&N
General mort., 6s" gold

125*2 128
107*2
107% 108
108*4 109
114

104*8

Rich. Fred. & Potomac—6s,

1875

J&J
8s,’80-’86...i ‘

Mort, 7s, 1881-90
Rioh. & Petersb.,

..

iso

104% Richmond York Riv. & dies., 8s...
126*2
do
100*2.
income. 1921...
s

RomeWat’n&O.—S.F.,7s,1891.J&D
2d mort., 78, 1892
J&J
120
Consol, mort., 7s, 1904
A&O
Rutland—1st M./6s, 1902....M&N
109*2 110
Equipment, 2d mort., 5s
F&A
66*2 St. Joseph & Pacif.—1st mort

84
120
119

2d mort

[29*2
[15*2

[33
[9 4
♦92
1125
90
108
117
120
125
112
110
115
114
114

It.L.Alt.&T.H.—1st M., 7s, ’94.J&J
2d mort., pref., 7s, 1894
16*2
F&A
2d income, 7s, 1894
35
M&N

30*2

107

111*2 Or’ge& Alex’ndria—lst,6s,’73M&N

P. C. & O. 1st,

.......

2d 6s, 1909
Dak. Ext., 6s. 1910
St. P. & S. City—1st, 6s,
Mort. on new lines

68*2

62
100
121

119*2

123*2 124

-<ip

-

Tr

125
111

102
.

m

mm

m.~.

•mmrnrnm

105
30

195

101

106
...

135

105
100

110

109
104
111

115
110
116
103
51% 52
114
fill
109
106
86
87*a
102
1101

114
102

80
95
55

79
91
49

110
104

120*2
110
111

*

Savannah Florida & West.—

J&J
J&J
S.Ga.& Fla., 1st M. 7s, 1899, M&N
Scioto Val.—1st M., 7s, sink’g fund
7s, 1897

2d mort

Sheboyg’n&F-du-L.—lst,7s,’84J&D
Sioux C. & Pac., 1st M., 6s,’98.J&J

124

So. Cen.

[ In

(N.Y.)—1st7s. 1899..F&A

London.

**•••

107
-•••■•

SanduskyM.&N.—1st, 7s,1902.J&J 1112*
At. & Gulf, cons.
1st mortgage, 7s

107
114

1919. A&O

127*2

......

id*2*a

A&O 104*4
M&N 105*2

Bds., 7s, non-inort
A&O
South Side, L.I.—lst,7,1887...M&9

also pays aooruod interest.

m

-

104
20
105
60

F&A

6s,

Equipment 78, 1895
J&D
St.L.Vand.&T.H.—lstM.,7s,’97.J&J
2d mort., 7s, 1898
M&N
2d, 78,guar., ’98
M&N
St.P.Minn.& Man.—1st7s,1909 J&J
1st, 7s, 1909, small
J&J

io 4*4 io’ii+j

126

m

.

......

101
100% 1(11
118
117
107
105
106
1103

118

.

......

t
t

61

120

Bellev.&3.Ill.,lst,S.F.8s,’96.A&0
St. Louis & I. Mt.—1st, 78, ’92,F&A 117*2 119 <
2d iuort., 7s, g., 1S97
’...M&N 111 111*8
96
96*a
92
1st 7s, inc., pf. int. accumulative.
89% 897®
2d 6s, inc., int. accumulative
116
Ark. Br. 1. gr., M., 7s, g., ’97.J&D 114
Cairo Ark. & T.,lst,7s,g.,’97.J&D 112
Cairo & Ful., lst,l.g.,7s,g.,’91.J&J 111%
105
St.L.&SanF.—2d M.,classA,’06M&N 105
2d M.t class B, 1906
M&N 93*4 93*a
do
class C, 1906
110*2
M&N 92
117
South Pacific.—1st M, 1888 .J&J 106*4

9934 100
114*2 117

67*2

125*a

97
95

......

t The porch nor

96
97

1102 *2 105

Riehm’d & Allegheny—1st, 7s,

lstmort.,Springf.Div.,l905 M&N 113
So. &N. Ala.—1st,8s,g.,end.’90.. J&J
Ohio & W.Va.—lst,s.f.,7s,1910M&N 1108
Old Colony—6s, 1897
F&A 1117 U7*« So. Carolina—IstM.,7s,’82—’88.J&J
1st, sterl. mort., 5s,g.,’82-’88.J&J
6s, 1895
J&D 1116*2 117
Bds,7s,’02,2d M.,unenjoinedA&0
7s, 1895
M&S 1126*4 126%
3d mort., 8s, 1873.

921a

Pitts. Titusv.& B.-

103

:i2i

.

M&S

121

[94

124
♦118
135
126

112

133
103

do
6s, 1887
do
real est., 6s. 1883..5
Hud. R., 2dM., 7s., 1885.....

118

:::n:

120

105

132*2 133*2

130
128
126
1241+2 125

Air Line, 1st M., 8s, guar...M&N 116
Equipment bonds, 8s, ’83.. .A&O
Ga. Riv. V., 1st 8s, guar.,’86.J&.T 1112*2

98
•*r~

*112“ i'14”

1910

[

128
126
125

Mich. Cent.—1st M.,8s, 1882.A&O 106
Consol., 7s, 1902
M&N 126
1st M. on Air Line, 8s, 1890. J&J tH8*2 119

50

97*2

N. O. Mob. & Tex.N.Y.& Can.—£ M..

1201a

81

793*

[95
Scrip for 6 deferred *2 coupons
Coal & I., guar. M., 7s, ’92.. M«S

101% 102
102

110

124

Phila. Wil.&Balt.Nashv.& Decat’r.—1st,78,1!

82i»

81®8

Mort., 7s, coup., 1911
J&D 12412
Gold mort., 6s, 1911
J&D
Improvement mort., 6s, 1897 ..
Gen’l mort.., 6s, G. C., 1908..J&J

114
113
120
102
120

122 ’

J&J

Debenture, 1893

110*2
103*2
117*2 118*2

Nashua &

113

Penn.&N.Y.—lst.7s,’96&1906. J&D

.

112

121
123
1110

125

do
6s. coup., 1905..J&D
Penn. Co., 6s, reg., 1907
Q.—J '108

[96
Petersburg— 1st M., 8s, '79-’98.J&J 130
2d mort., 8s, 1902
J&J 110
Pliila. & Erie—2d M., 7s, 1888. J&J 118
Gen. M.. guar., 6s, g., 1920. J&J 1119
95*2
63%
8unbur.v&Erie, lstM.,7s.’97.A&0

117

80

Gen’lmort., 6s, reg., 1910..A&O 127
Cons, mort., 6s, reg., 1905..Q—M [120

65

Perkiomen—1st M., 6s, 1887..A&O
Ex fd. cps.,Dec.,’77,to.T’e,’80,inc.

50

47
112*2
131*2

Lehigh & Lack.—1st M.,7s, ’97.F&A 125
Lehigh Val.—1st,6s,coup., ’98.J&D 125
1st mort., 6s, reg., 1898
J&D
N.Y.City& No.—Gen’l,6s,19101V
2d mort., 7s, 1910
M&S 136%
N. Y. Elevated—1st M., 1906.J&J
Gen. M., 8. f., 6s, g., 1923
J&D [118 120
Delano Ld Co. bds, end.,7s,’92J&J
2d mortgage
Little Miami—1stM., 6s,1883.M&N 1102” 103*'
116*2 N.Y.&Harlem—7s,coup.,1900.M&N
L. RocK& Ft.S.—lstj.gr.,78 ’95. J&J 116
7s, reg., 1900
M&N
Little Schuylkill—1st, 7s, ’82.A&O
115
N. Yr. Lake Erie & Western—
Long Island—1st M., 7s, 1898.M&N
89
92
1st mort. 7s, 1897, ext
M&N
2d mort., 7s, 1918
61
2d mort. exten., 5s, 1919 ...M&S
Newtown & FL, 1st, 7s, 1891
60
3d mort., 7s, 1883
M&S
N. Y. & Rockaway, 7s, 1901.A&O
50
4th mort., ext., 7s, 1920.. ..A&O
.Smitht’n & Pt. Jeff, 7s, 1901. M&S
5th mort, 7s, 1888
J&D
Lou’v.C.&Lex.—1st,7s,’97 J&J(ex)
1st cons. M., 7s, g.,1920
M&S
2d mort., 7s, 1907
A&O
120
Now 2d cons. 6s, 1969
J&D
L.& Nashv.—Cons. 1st, 7s, ’98. A&O
1st coni, fund coup.,7s,1920 M&S
2d mort., 7s, g., 1883
M&N 103*2
2d cons, f’d cp., 5s,1969
J&D
Cecilian Br., 7s, 1907
M&S lOSin
Goldi ncome bonds, 6s, 1977....
Louisville loan, 6s, ’86-’87..A&0
Lons Dock mort., 7s, 1893..J&D
Leb. Br. Louisv. l’n, 6s, ’93.. A&O
127
N.Y.& N.Eug.—1st M., 7s, 1905J&J
Mem.& 0.,stl., M.,7s, g.,1901J&D +125
1st mort., 6s, 1905
...J&J
F&A +115 117
N.Y.N.H.&Hart.,H.&P.lst,7s.A&0
N. O. & Mobile. 1st 6s. 1930. J&J L03
101
N.Y.Pa. & O.—1st inc.ac.,5-7s,1905
Pensacola Div.,1st,6s, 1920..M&S
do
prior lien,inc.ac.,5-6s,’95
fit. Louis Div.. 1st, 6s, 1921. .M&S 108
55^8
2d mort
do
2d., 3s ,1980.M&S
123
3d mort
Nash. & Dec., 1st 7s, 1900...J&J
108
L’sed L.rental tr’st’73,Tru8.cer.7s
E. H. & N., 1st 6s, 1919
J&D
West. ext. certifs, 8s, 1876..J&J
Gen’l mort., 6s, 1930
J&J 107^8 107*2
106
do
7s, guar. Erie
do
L’sv.N.A.&Chic— 1st, 6s, 1910. J&J 105
122
N.Y.Prov.&B’n—Gen. 7s, 1899. J&J
Maine Cent.—Mort. 7s, 1898...J&J 1121
110
North Carolina—M., 6s
Exten. bonds, 6s, g., 1900...A&O 1109
North Penn.—1st M., 6s, 1885. J&J
Cons. 7s, 1912
A&O 1116*2 118
110
2d mort.,7s, 1896
...M&N
Androscog. & Ken., 6s, 1891.F&A tl09
109
Gin. mort., 7s, 1903
J&J
Leeds & Farm’gt’n, 6s, 1901.J&J 1108
104
Noi th Wise.—1st, 68, 1930
J&J
Portl’d & Ken., 1st, 6s, ’83..A&O 1103
110
do
Cons. M., 6s, ’95.A&G 109
Northeast.,S.C.—1st M.,8s,’99,M&S
97*2
2d mort., 8s, 1899
M&S
Man.Beach Imp ,iim.,7s, 1909,M&S
North’n Cent.—2d mort.,6s,’85. J&J
N.Y.& Man. Beach, 1st 7s,’97,J&J 109
127
3d mort., 6s, 1900
A&O
Marietta & Cin —1st M..7s. ’91F&A 122
Con. mort., 6s, g., coup., 1900. J&J
Sterling, 1st M., 7s, g., 1891.F&A 119 123
94% 95*4
2d mort., 7s, 1896
Os, g., reg., 1900
A&O
M&N
55
Mort. bonds., 5s, 1926
55*4
J&J
3d mort., 8s, 1890
J&J
Con. mort, stg. 6s, g., 1904...J&J
Scioto & Ilock.Val., 1st, 7s..M&N 112
Northern, N.J.—1st M., 6s, ’88 .J&J
Balt, Short L., 1st, 7s, 1900..J&J 113
North. Pac., P. D’O Div.—6s, M&S.
Cin. & Balt., 1st, 7s, 1900....J&J 110,
Bond certificates, 6s, 1921
Marietta P. & Clev.—1st, 7s, g., ’95
Norw’h&Worc’r—1st M.. 6s.’97. J&J
Consol. 78
J&D
Oj 'd’nsb’g&L.Ch.—1st M.6s,’98, J&J
Marq’tte Ho.& O.—Mar.& 0.,8s, ’92 114
idd*2 3. F., 88.1890
M&S
6s, 1908.
M&S 100
97
Consol’, ,6s, 1920
97*2
Mass. Central— 1st, 6s, 1893
Income, 1920
Memphis & Charleston—1st consol. 114 117
Income, small..
1st,cons.. Tenn. lien,7s, 1915 J&J 111
110
Ohio Cent.—1st,mort.,6s,1920, J&J
Mem.&L. R’ck—1st,4s (8s after ’82) 106
Incomes, 1920
.Metrop’n Elev.—1st, 6s, 1908. J&J 102*8 102*4
87
88*2
1st Ter’l Trust, 6s, 1920
J&J
2d 6s,-1899
M&N

Kalamazoo&S.H.,lst,88,’90.M&N

lid

117*2

10334
1011+3

77*2

10830
104

1900

85

2d,

59
M&S
104
’82.J&J 103
Oreg. & Cal.—Frankfort Com.Rec.x 166^ 67ia
Osw.&Rome—IstM., 7s, 1915.M&N 108
121
Panama—Sterl’gM., 7s. g. ’97.A&O [119
Sinking fund sub., 6s, 1910.M&N
Paris & Danville—IstM.,7s .1903.

Incomes, 1920
Evansville Div.,1st 6s,l920.M&8
do •
income, 1920
Peoria Pekin & J.—1st, 7s, ’94. J&J

106

115

Keokuk&Des M.—lst,5s, guar.A&O
Small bonds
A&O
L. Erie & West.—1st, Ge,1919.F&A
Income, 7s, 1899
Sandusky Div., 6s, 1919
F&A




130
115

116*2

do
Mo.Pac.—:

Ask.

4th mort., 8s, 1880
Or. Alex.& M., 1st M., 7s,

60
Paris&Dec’t’r—lstM.,7s,g.,’92.J&J
105*2 Pekin Lin.& Dec.—1st,7s,1900 F&A
Pcnna.-+-Gen. M., 6s, cp., 1910 Q—J, 1123

106

Kansas
2d mort

*

19
13
100
130

102

)

& Nebraska—1st mort

6s, 1909

95

90*2

101

116

117*2

Bid.

Railroad Bonds.

Orange & Alexandria—(Contiu’d)--

.

Miss.& Tenn.—1 st M., 8s,
8s, series “B”

Ask.

) t
.

*'B.”
do
Mil. & No.—1st,

A&O 1
G—1st,7s,1908 J&D 111*4 111%
105
106
Kansas C. Lawr. & So. 1st, 4s. 1909
120
ELC.St.Jos.& C.B.—M.7s,1907..J&J 1119

•

Bid.

>

tiicis
ill
2d mort., 7s, 1910
J&J 11111
100
Ind’poiis & Mad., 1st, 7s,’81.M&N ’
Junction RR. (Phil.)—1st,6s,’82 J & J
2d mort., 6s,

STOCKS AND BONDS—Continued.

Railroad Bonds.

100
104

ad’apolis& Vin.2d mort.,

J Ask.

11914 121

2d M., 3s, -is, os,

OF

^Explanations See Notes at Head of First Page of Quotations.
Bid.

Railroad Bonds.

493

CHRONICLE,

THE

1881.]

tllO
110

115
112

112
108
80

il5

113

115

[106

110
•

••

104
112
70
100

109

92

99

116
74
106

.

Bid.

So.Pac., Cal.—1st., 6s, g., 1905-6. J&J

Ask.

102% 103

SouthwesternfGa.)—Conv.,7s,1886
Summit Br.—1st, 7a, 1903
J&J

Sunb.Haz.&W-B.—lst,5s,1928M&N
Susp.B.&ErieJune.—1st M.,7s......

8yr.Bing.&N,Y.—consol.7s,’06 A&O
Texas & Pac.—1st, 6s, g.1905 M&S

100
122
107
103
88

al
!!!

L’d 1st M,7s,g.,’80.J&J
Land 2d M.,7s, g., 1886
Leav. Br., 7s, ’96..M&N

do
Inc.,No. 11,7s, 1916.M&S
do
Inc.,No.l6,78,1916.M&S
do
do 1st cons. M.,6s,1919 M&N
Utah Cen.—1st M., 6s, g.,1890.J&J
Utah So.—Gen. M. 7s, 1909
J&J
Utica & Bl’k R.—Mort,, 7s, ’91. J&J

Verm’t & Can.—M., 8s

Mississquoi, 7s, 1891

IS

Q’ncy & Tol., 1st, 7s,’90, ex.M&N

Ill. & S. Ia., 1st, 7s, ’82„ ex.F&A
8t.L.K.C. &N. (r.est.& R.),7s.M&S
do Om.Div.,lst78,1919.A&0
do
Clarin. Br., 6s, 1919.F&A
do
No. Mo.,1st M., 1895.J&J
Wab. Fund, 1907—Var. 7s. F&A
do
Various 6s
F&A
Warren (N.J.)—2d M., 7s, 1900.
..

W. Jersey—Debent. 6s, 1883..M&S
1st mort., 6s, 1896
J&J
Consol, mort., 78,1890
A&O
W. Jersey & At. 1st M.,6sl910M&S
West’n Ala.—1st M., 8s, ’88...A&0
2d mort., 8s, guar.,’90
A&O

West. Md.—End., 1st, 6s, 90. J&J
1st mort., 6s, 1890
J&J
End., 2d mort., 6s, 1890
J&J
2d mort., pref., 6s, 1895
J&J
2d, end. Wash. Co., 6s, 1890 J&J
3d, end., 6s, 1900
J&J
West’nPenn—lst*M.,6s, ’93..A&O
Pitts. Br., 1st M., 6s, ’96
J&J
Wheeling & L.Erie—1st, 6s, g., 1910
Wilm.Columbia & Augusta, 6s
W11.& Weldon—S. F., 7s, g.,’96. J&J
Winona&St.Pet.—lstM.,7s,’87. J&J
2d mort., 7s, 1907
M&N
Wis. Cent.—1st, 7s, coups, unfund.
1st series, new
.

2d series, new

Wis. Valley—1st, 7s, 1909
J&J
Worc’rA Nashua— 5s, ’93-’95..Var.
Nash. & Roch., guar., 5s, ’94.A&O
RAILROAD STOCKS. Par
Ala. Gt. South.—Lim., A., 6s,pref..

Lim., B,

com

Albany & Susqueli., Guar., 7... 100
Allegheny Valley
50

51

116
120
118

Boston & Maine
*

37
104
133
110
90
112
109

1st pref
2d pref

do

100
100

145

24
150

60

100*4:100*3
48

54

.50

Pref.

Pref., 7.100

Chic. St. L. & N. O
Chic. St. P. Minn. &
do

Louis & Chic.100

45%;
34%
60
144

15
147

20
90
150

118*2 118%
128
128*3
127*3 127%
138*3 140
138

80*3
42%
98*3

Pref. 100

100
100

29*3

165% 167

Om.,com.. 100

Chicago & West Michigan
Cin. Hamilton & Dayton
Cin. Indianap. St.

29
45
34
58
143
145

100

j

88%
39*s

88%
38*3

139
81
43

82
93
104

31*4

Pref., 6.50 § x 48
88
Clev. Col. Cin. & Indianapolis.. 100
95

Clev. & Mahoning Val.,leased... 50
Clev. & Pittsburgh, guar., 7
50
Col. Chic. & Indiana Central...100

1*3*5

87

110% 111

;. .100,
Ncscfuehoning Valley, leased, 10*50

Naugatuck

147
45

do

•

99

82%
94

*3*1* %
50

90*3

*25*4

..

New Haven & Northampton... .100
New Jersey & New York
N. London Northern, leased, 8..100
N. Orleans Mobile & Texas
100 i
N. Y. Central & Hudson Riv
100
Now York Elevated.New York & Harlem
50
do
Pref
50
N. Y. L. Erie & West
do
Pref..'.
New York & Now England
100
N. Y. N. Haven & Hartford ....100
N. Y. Ontario & Western
do
do
* pref
New York Providence & Bos... 100
Norfolk & Western, pref
North Pennsylvania
50
North & South Alabama
Northern Central
50
Northern New Hampshire
100
Northern Pacific, common
100
do
Pref
100
Norwiclnt Worcester,leased,10.100

10

147% 148
104% 105
205

48*8
89*3
59%
178

Pref

Old Colony

60
180

36%

36%

75

82
142% 147
59
59%
§58*3 59
53
111
43% 44
73
73*2
161
163

§52*3

110

51*4

Ogdensburgh & Lake Champ... 100
do
Pref., 8. .100
Ohio Central
100
Ohio & Mississippi
100
do

48*4
89%

51*2

98

30*3
44%

30%
44%

109% 109%

100

100 131*3

Oswego & Syracuse, guar,, 9.. ..50

252
8

Panama
Paris & Decatur

100

Pennsylvania Railroad
Pennsylvania Company

.50 x65%
50

132
252
9

*

65%

do
Pref......50
Peoria Decatur & Evansville ..100

42% 42%
Philadelphia & Erie
50 S26%
Columbus & Hocking Valley....50
Columbus & Xenia, guar., 8
Philadelphia & Reading
50 $26% 26%
50
do
PreL, 7
50 §■
Concord
50 xlOO 101*
122
Pliila. & Trenton, leased, 10... 100
108
Concord & Portsmouth,guar.,7 100 118
78
84*3 86
Phila. Wilmington & Balt
...50 §109% 1*1*6* Connecticut & Passumpsic.....100
166
111
111% Connecticut River.
100 164
Pittsburgh Cincinnati & St. L...50
108*3 110
50 71% 71% Pittsb. & Connellsville, leased...50
Danbury & Norwalk
65
do
do
pref.
103
Dayton & Michigan, guar., 3*3..50
Pittsb. Ft. W. & Chic, guar., 7.100 131
do
102
Pref., guar., 8.50
do
Special, 7.100
112
100
112% Delaware & Bound Brook
115
Delaware Lack. & Western
50 123% 123% Portland Saco& Portsm.J’sed 6 100 114
115*3 116
25
30
109
Portsm’th Gt. Falls & Conway.lOo
Denver & Rio Grande
100 109
97
125
Providence & Worcestor
100 120
Denver So. P. & Pacific
100
124%
140
Rensselaer & Saratoga
100 140
107 1
Des Moines & Fort Dodge
95
92
do
do
Pref..
Republican Valley, deferred... 100
101
100
98
80
70
100
Richmond & Danville
Det. Lansing & Northern, com .100
120
126
60
70
107% Richmond Fred. & P., common. 100
do
Pref. 100 107
do
125
119
82
79
do
Guar.
7....100
do
Dubuque & Sioux City
100
95
100
Richmond & Petersburg
100
East Pennsylvania, leased
50 5112
Richmond York River & Clies
East
Tennessee
Virginia & Ga.100 106
110
29
29*2
42*4 42*3 Rochester & Pittsburg
100
Eastern (Mass.)
100
116
118
28*4 28*4
Rome Watertown & Ogdeusb. .100,
92% 93
100
Eastern in N. H
116
118
6
5%
60
50
100
Rutland
Eel River
100
118
30% 31*2
do
Pref., 7
100
Elmira & Williamsport, 5
50
lilt* 115
30
25
St. Joseph & Western—
do
’ Pref., 7..50
118
61
110
100
61*4
Alton
St.
Louis
&
Terre
Haute.
100
Erie
&
Pittsburg,
..50
guar.,
7
110
109%
133
do
Pref. 100 132
do
Fitchburg
100 144*3 146
112
Belleville & So. Ill., pref
32% 33%
100
Flint & Pere Marquette
120
70% 70%
93*3 94
St. Louis I.M’n & South.,asson’dl00
do
do
Prof
46*4
St. Louis & San Fran
100
Frankfort & Kokomo
.'
50
69*2
do
-Pref
100 ”69'
156
Georgia Railroad & Bank’g Co. 100 150
195
100
do
1st pref.. 100 102*3
112*3 L13*2 Grand River Valley, guar., 5.. 100
39
*40*'
16
16%i St. Paul & Duluth
100
Green Bay & Minnesota
117 1122
81
63
do
100
63*3
Pref
Hannibal &St. Joseph
100
109*4
*9*2*'
10Q
do
Pref., 7.. 100 * 106*3 107*4 St. Paul Minn. & Man
112*3!
Roanoke
10
Seaboard
&
Harrisburg P. Mt. J.& L., guar.,7.50
90 100
do
Guar
10
76*3 77
Highland (street), Boston
100 135 135%
63
67
68*3 68*3 South Boston (street)
50
Houston & Texas Central
100
59 *3 60
9
48% 50
South Carolina, assessm’t paid.lOQ
§8*3
117
Huntingdon & Broad Top
50
115
125
Southwestern, Ga., guar., 7
do
Pref... 50 §13*3
10(1 118
do
102
1101
139% Syracuse Bingh’tou & N. Y
Illinois Central
100 139
100?
1101
102
25*2 25%
51% 51% Summit Branch, Pa
+ ...5"
Indiana Bloomington & West., new
71% -71%' Terre Haute & Indianapolis
5
J10
10*3 International & Gt. Northern.. 100
63*4 63*4
62
10
62*3! Texas & Pacific
5*4 Iowa Falls & Sioux City
100
* 43*
Texas Central & St. Louis
Jeft’v. Mad. & Ind’p’s, l’sed. 7..100
123
Toledo Peoria & Warsaw
100.
Joliet & Chicago, guar., 7
100 11*2*
do
do
1st pref. 100
91*4 91*3
Kansas City Ft. Scott & Gulf.. .100
137% 138
123
do
2d pref.. 100
do
do
Pref. 100 125
74
do
73
185
United N. Jersey RR & C. Co.. 100 184
Kansas

101%
116

117

25
110

al

City Lawrence & So

171

171*3

44
45
126*3 127

100

.,

500' 107
109
100 152*3 153

..

.100

*2l" *2*i“

Keokuk & Des Moines
...100
do
Pref ....100
Lake Erie & Western
....100
100
Lake Shore & Mich. So

Lehigh Valley

121
175

Prioe nominal; no late transactions,




149

100
Chicago & North Western
do
3%
Pref., 7.100
52
Chicago & Rock Island
100

100

Pref., 6... 100

Rapids & Mo. and Ia. Ld.100
do
100
Pref., 7

13

121

do

24

Charlotte Col. & Aug

100

Boston Hartford & Erie
Boston & Lowell.

51

100

do

200

Bost. Con. & Montreal

ar

§51

114*2

195

Pref 100

New, pref
Cedar Falls & Minnesota

46*3

100

do

50
50

Old, pref

do
do

do

Baltimore & Ohio
do
Pref., 6

do

78%

78%

123
125
109

12
119

68

§73*s

125
Middlesex (street), Boston
100 124
35
Midland of New Jersey
39
10#
55
Mil. Lake Shore & West., pref..100
55*4
Mine Hill & 8. Haven, leased
50
Missouri Kansas & Texas
100
40% "47"
92
95
10
Missouri Pacific
Mobile & Ohio RR., assented. ..10'
33%
Morris & Essex, guar., 7
50 124*4 124%
88*s 89
Nashville. Chat. & St. Louis
25
Nashua & Lowell
100 x!42 145
58
60
Nashua & Rochester, guar., 3.. 100

90
15
120
23

50

Pref

do

120

100
100

..100

j

45

110

Boston & Albany
100
Bost. Clint. Fitclib. & New Bed.IOC
V.

97

100*3 101
93

72

+85

5 p. c.

*98

Augusta & Savannah,leased... 100

Washington Branch
Parkersburg Branch

Pref

Rapids & North.. 100

C.

155

54*3
23%
20%
12%

21*3

99

130

2d, pref

do
on

Atchison Topeka & Santa F0..IOO
Atlanta & Charlotte Air Line
Atchison & Great Western
Atl. & St. Law., leased, 6, £
100 J128

do

k\

88*3

x

Memphis & Charleston
25
Metropolitan (street;, Boston...50
29 *3! Metropolitan Elevated
100
Michigan Central

100
21%

do

12%
2*3

35
&C.,7s, 1887..J&J
Verm’t&Mass.—1st M.,6s, ’83.J&J 1103
Conv. 7s, 1885
J&J \ 130
Vick.&Mer.—lstM.,end.,7s,’90.J&J 100
2d mort, end., 7s, 1890
85
J&J
Wabash—1st M.,ext.,7s,’90,ex.F&A
Mort., 7s, 1879-1909
A&O 108
2d mort., 7s, ext. 1893, ex..M&N 107*3
57
Equipment, 7s, 1883
M&N

.

100

Pref

leased

'

StansteadS.

General mort.1; 6s, 1920
J&D
Chic. Div., 5s, 1910
Havana Div., 6s, 1910
J&J
Tol. P. & West., 1st 7s, 1917. .Q
do
1st pref. inc., conv.
do
2d pref. inc
Cons, mort., 7s, 1907,con.,exQ—F
1st. St. L. div., 7s, 1889, ex.F&A
Gt. West., Ill.,1st,7s, ’88,ex. F&A
do
2d,7s, ’93,ex.M&N

do
Buff. N. Y. & Erie,

Maine Central
100
Manchester & Lawrence
100
Manhattan Beach Co...
100
Manhattan Railway
100
Marietta & Cincinnati, 1st pref. .50
do
2d pref..50

pref.

100
Chesapeake & Ohio, common ..100
do
1st pref...100
do
2d pref.... 100
100
Cheshire, pref
100
100
Chicago & Alton
100
do
109*3
Pref., 7
100
105% 106% Chicago Burlington & Quincy. MOO
110
100
Chicago & Canada Southern
110
Chicago & East Illinois
107
Chicago Iowa & Nebraska
100
50*3 '*5*i*3 Chicago Milwaukee & St. Paul. 100

J&J

Vermont Cen.—1st M., 7s,’86.M&N
2d mort., 7s, 1891
J&D
Income extension 8s
M&N

do

do

1

k Consol, mort., 6s, gold, 1905. J&D
Ine. and land gr., reg., 1915. July
1st (RioGr. Div.), 6s. 1930.. F&A
97%
93
Texas & St. Louis— 1st,6s, 1910 J&D
Land grant, incomes, 1920
Tol.DeFs& Bur.—1st main, 6s, 1910
do
1st Dayton div.,6s, 1910
94
do
1st Ter'l trust, 6s.. 1910
50
Income, 6s, 1910
Dayton Div. iuc., 6s, 1910
United Co’s N.J.—Cons.,6s,’94.A&0
Sterling mort., 6s, 1894
M&S 1114
do
68,1901
M&S! $119
*118
i 17
Cam. & Amb.,mort., 6s, ’89.M&N
UnionPac.—1st M.,6s,g.’96-’99.J&J 117
Land Grant, 7s, 1887-9
A&O 115
Sink. F., 8s, 1893
M&S 121
Om. Bridge, sterl. 8s, g., ’96.A&O 1120
Reg. 8s, 1893
M&S 120
Collateral trust, 68, 1908 ....J&J 108%
Colorado Centrist, 8s, g.,’90. J&D
Denver Pac., 1st M.,7s,g.,’99.M&N
Kans. Pac.,1st, 6s,g.,ep.ctfs..F&A
112*3
do 1st M.,6s, g., cp.ctt's.J&D 113*3
do lst.R.&L.G. D’d,’99.M&N
do
do
do

|

Little Rock & Fort Smith
Little Miami, leased, 8 guar..
Little Schuylkill, leased, 7

Long Island

48
55
129-

Macon &

Augusta

Union Pacific
Vermont & Canada, leased
Vermont & Mass., leased, 6

100
100
100

129% Vicksburg & Meridian, assented...
100
61% Wabash St. Louis & Pacific
do
do
Pref. 100
81% 82
Warren (N. J.), leased, 7
50
‘53*4 Westchester & Phila., pref
50

50 §61%

100
50

..

50
50

Sr

Louisiana & Mo. Riv., Com
100
do
Pref., guar
Louisville & Nashville
100
Louisville New Albany & Chic.100

Lynn & Boston (street)

48
55

100

t The purchaser also pays accrued Interest,

28%

40

West Jersey

23% West. Maryland
Wilm. Columbia & Augusta

102*3 102 % Wilmingt’n & Weldon, leas’d,
93
Wisconsin Central
93
Pref
do
126
125
Worcester & Nashua

t.In London. § Quotation pac *&***£«

5(
s

120

17*3
130

120*4
18

131

19*3

20

49%

49%

90%

91

31
16

17

89*3

90

7.100

90

27*8
49*3

27*4
50

100

63

65

Explanations See Notes at Head of

For

United States

CANAL BONDS.

Albei’inarle & Cli
1st mort.,

115
78

25

145
170

Stafford (Fall Riv.) 100
Stark Mills (N.II.) 1=000 1385
Tecutuseh (F. R.). 100 120
Thorn dike(Mass..»1000 950
Treaion.t& S.C.In ss) 100 161

STOCKS.
Ameri e a n D i strict .IOC
American Union ..10(

91

Chesapeake & Ohio—
6s, 1870
Q- J

[Gold & Stock
25
iTntermition’l Oc’11.100)
115^
114
107%
147

]
i
)
)

119

123

1st Pa.D.c*p.,7s,M& 5
do
reg. 7s,M<fc 5

N.Y&TexLd,im

>7;o-

Deb.6s, reg.,’7 7,Jikl

Brooklyn Trust

......

Central

100

100
[Farmers’ Loan & Tr.25

......

385

Real Estate Trust. 100
Uuion
100

116

>

195
400

United States
100
GAS STOCKS.
Balt. Consol. Gas

>

67
795

Boston Gaslight...500
East Boston
25
South Boston
100

Louisville & Portl.—
3d mort., 6s, 1881.
4tli mort., 6s, 1886

28%

97

100

Lowell

Lynn, Mass., G. L..100

106

Maid.& Melrose.. .100
Newton & Wat’11 ..100

Salem, Mass.,

6s,bt&car,19131\
7s, bt&car, 19153

......

......

CANAL STOCKS.

100

Brooklyn, L. 1
25
Citizens’, Brooklyn.20
Metropolitan, B’klyn.
Nassau, Brooklyn ..25
People’s, Brooklj'n.10
Williamsh’g, B’klyn 56
Charlest’n,S.C.,Gas.25
Chicago G. & Cuke 100

155
68
95
128

16*6

185

Chesapeake & Del..5t *§
166%
Del. & Hudson
IOC i 11214 112% Cincinnati G. & Coke
25
1
Hartford, Ct,, G. L..25
140
C.&
Jersey
Hobok’n
20
45%
*()4538
90
5
People’s, Jersey C
....

.

'

<'

Louisville G. L

*5

Mobile Gas & Coke
8
Central of N. Y
50

s

50

Harlem, N. Y

13

FIISC’LLANEOtJS

Metropolitan, N.Y.100
100
Municipal

BONDS.
Ainer’n SS.Co.(Phil.)—

.*100

6s, R. C., 1896..A&0

107% 109

Balt. Gas Light 6s
Canton (Balt.)—
£ 6s. g., 1904. ..J&J 115 ha 116
Mort. 6s,g.,1904 J&J 115
i.20
Un. RR.,lst, end.,6s. .119
do 2d,end. 6s,g.M&N 102

......

...

Colorado Coal & Iron¬
ist consol 6s

Equitable Rl. Es. mort.

Oreg.R.&N. 1st,6s, J&J

Pullm’n Palace Car—
2d series,8s,’81M&N
3d series, 8s,’87F&A
4th do
8s,’92F&A

Deb’nt’re,7s,’88A&0
Stlg, 7s,g.,1885 A&O

Laclede, St. Louis. 100
Oarondelet,St. Louis 50
San Francisco G. L

W.W.,lst8jl906.M&S
7s, coup., 1900.M&N
7s reg., 1900.. M&N
Sterl’g 6s, 1900.M&S

mSC’LLANEOUS
STOCKS.

Aspinwall Land.... 10

10
Boston Land
Boston Water Power..
Brookline (Mass.)L’d5
Canton Co. (Balt.). 100
Cent. N.J. L’d Imp.100
Cin. & Cov. B’dgo pref.
Louisville Biidge

McKay Sew’g Macli.lO

100
109

100
108

N.E.Mtg.SecurJBost.)

50

O. Dominion SS.Co.100

*

.......

......

Cambria Iron(Pa.). .50 5

Chicopee (Mass.) ..100
Coclieco (N.H.)
500
Collins Co. (Conn.).. 10
108
Continental (Me.). 100
U04
Cres’t Mills (F. R.) 100
Davol Mills (F. R.) 100
Dougl’sAxe (MaS8)100
8
8% Dwight (MavSS.). ..500
105g 10% Everett (Mass.)... 100
117

.

11%
5%
59
35

10

6%

16

29

18
Q

Pennsylvania Coal.50
(St.L)lOO
do
pref...
Juan Sil. Min 100
.

24*2

4

4

I

108

4%
37
32

go

|]
1
]
1

3%
111

5%
38
33

104%

Hill
HolvokeW Power 100

Jackson (N. H.)..1000 1225
k aai’Hfi,rge

.

100

King Philip (F. R.) 100
Laconia (Me)
400
Lancaster

M.(N.H)400

Lawrence

(Mass.) 1000

78%

131
80

tramaotio

Middlesex (Mass.).
Nashua (N. H.)

140
550

S95

900
285
800

is.

100
500

t The purchaser

250
730

GOLD.A: SILVER

7%

jj

135
545
885
1650

South Bodie

[South Bulwer

South Hite, new

100

890
1660

...25

195

2 05

1725
251
740

Buckeye.

also pays accrue L int.

5%
•75
•25
25
1*20
310

•80

100

10

100

•29
11

‘•33

100
10

•6S

•71

Wiltshire
BANK STOCKS.
BALTIMORE.
314
Bank of Baltimore 100
60c* iBank of Commerce.25

•12

1*45

1

.25

10
Citizens’
Com. & Farmers’.. 100
7% Farmers’ B’k of Md.30
Farmers’ & Merck. .40

•50
•05

2*15
•30
■51
•07
•10
•79

•50

•51

1

17%

*15% 17**
112
31

45%

10

113

45%

11 ®8

112
21

Third National....100
Union
75
20
1 Western
-t

80
29

§ Quotation per share.

..100

11%

130

100
100
25

[Merchants’

.Second National

•23
1-25

128
17

40% 42
Farmers’&Planters’25
!33
First Nat. of Balt. .100 130
12%
Franklin
110
105
German American
9% 10
Howard
1
33% •35
Marino
30

I People’s

•15|

{ In London.

1

-23
•24
•23
1-15
2 90

100

34
Tip Top
16
Trinity
3
^usearora
70c. Unadilla
'Union Consol
34
V. de W. G
4
Wales

.100

1

v25

10

[Standby

National Exck’ge.

Bonanza Chief

*

Standard Consol.. .100
Tel. Con

1340
120
180

'

1

•Spring Valley

i Mechanics’

117%

5*8

,

Chesapeake

1250

...

130

25

throp

280
106

40c.

13
•26
2-80

•75

47"

3

*12
•25
2-70

Savage Gold& Silv.100

$1-00 [Tioga

1^8

1*4*6

[Santa Cruz

1%

33*2
33a,

1-20

830

*50
10

Sacramento

3

25

u'ior

•06

•75

1
10
5

Rising Sun

50c.
35c.

46

i

05

1 00

5
10
100

Robinson Consol..

4

50c.

.25

1-05

i

9
75c.
40c.

2

J

100

100

8
50c.
25c.

33
15*2

25
25

1-30
1‘55

..

2%
12%

%

j

1*45
•50
13

•40

100

Sierra Nevada Silv.100
50
2% Silver Cliff
13 ~ Silver Nugget, new.. .

2
50c.

.25

tidge

•11

3%

45c.
25c.

25
25

luincy...

Philadelphia

Rappalianock

10c.

3%

(

......

100]

Plumas
Potosi

31
2
10
30c.

20c.
5c.
3

J

1-40

10

27s Red Elephant

1%
8%

50

1*25

Noonday

238

30

20

<

•37

jN. Y. & Colorado... 20

4
17

2%

U

Fall Riv Troii W loon
96
5% Flint Mills (F. R.) 100 x92
Franklin (Me.)
62
100 111% 112
Great Falls (N. H.)100 107% 109
1200
Hamilton (Mass.) 1000 1175

100

15
Patagonia
$100 Penobscot

!

15
235

•36

3*2 Overman G. & S...100

3
14
50 c.

I7_c

147
1495
170
1000

j May Belle
Mayflower

North Standard
Northern Belle
O. K. <fc W

70%

•55
110
•50
305

1-40

50
50
.10

Mono

24%

10%

•53
105
•47
2-95

106

.10
100

New

1-25
800

100

.Manhattan.
Martin White.

MINING

[<

10%

Leadville Consol.. ..10

[Navajo

25

STOCKS.^

\(

......

Mexican G. & Silv.100 i
! Moose
10
Moose Silver
|

Raph’l Sil.,Mob. 100
do
pref. 100

1050
124
2020
133
1250
164

......

......

.

Lucerne

38

......

......

.

Leeds
Leviathan
Little Chief
>
Lowland Chief

31

31

11%
(J

*2*6

1

.....

•05

1*20
6*00

.

Lacrosse.j
La Plata

•80
04

5%

25
..10
.5
100
20
10
.10

Iron Silver

•*6*0

•45
3*05
•63

•22

..

Kings Monntnin

'

Pilot Knob I.

TON

"25

Independence

358

3%

A A

275
105

i

9

......

•19
2-50

*15
1-75
31
8
•29
2-00
•43

1

Hukill

25

21%

N.Y.&Straits.C.&I.lOO
Ontario Sil. Min’g.100

114%

1*60

25

1 Hortense

•08
•93

•06
......

C’nvry S

Hibernia
Highland Chief

100
2*40
j

5
100
100
100

..

•68

•90
2-35

...

5% Horn Silver

5
....

Montauk Gas Coal. 100
New Central Coal.,
NewT Creek Coal.... 10
N.Y. & Middle Coal.25

76
272

160
850
10% 11
88
85
87
85
110
ii6 120
765
745
140
xl35

Carpet (CtdlOO
(Me)
100

Gonlrl Ar

j

9%

Marip’sa L.&M.CallOO
do
pref. 100
Maryland Coal.... 100

lamokin Coal

1-80
6%

......

..

Gold Placer
Gold Stripe

66

150
825

Hartf.

Price nomiual: no late




31

3%!

Lowell (Mass)
690
OregomRy.&N.Co. 100 153 153
280
53% 53% Lowell Bleachery.200
Pacific Mail SS. Co. 100
Lowell Maeh.8hop.500 750
130
Pullm’n Palace CarlOO 127
87
Lyman M. (Mass.). 100 117
St.Louis B’dge.lstpref {85
Manchester (N.H.) 100 190
47
*45
2d pref. certificates.
Mass. Cotton
1000 1320
104
St. Louis Tunnel RR.. ♦100
Mechanics’
(F.
R.)
100 xl L8
60
8t. Louis Transfer Co.
Merchants’ (F. R.) 100 xl75
Sutro Tunnel
10 § $2
Merrimack (Mass) 1000 1720
EXPRESS ST’CKS
100
100

57%

......

124
125

jChollar

[Climax
Consol,

100
100
!
100
Grand Prize
1
2% Granville Gold Co
1
4 % Great Enstern
Green Mountain.. ..10
57% [Ilale & Norcross. 100
II irsliaw
37

4%

Little Pittsburg
Locust Mt. Coal ....50

in

1*70
6

..

.

Border City Mfc. (F.R.) 145
Boston Co.(Mass.)1000 1475
Boston Belting.... 100 xl69
Bost. Duck (Mass.)700 900

..

Goodsliaw

Homestake Min’g.100
La Plata Mining &S 10

Barnard Mfg. (F.R.)..
117% 118
100
107
107% Bart,let* /'•lass.)
210
Bat~C
100 206
2025
X2000
Boott
Cot.
1000
(Mass.)
100 is 1013s1

Maverick Land.... 10

N. Hampshire Land 25
N.Y. Loan & Imp’t 100

74
267
113
15
70

Am.B.H.S.M.(PaJl2%
Am. Linen (Fall Riv.) xl 000
Amory (N. II.)
100 123%
111% Amoskeag (N.II.) 1000[ 2010
132
\ Androseog’n (Me.).100[
100%' Appleton (Mass.) .1000 1200
Atlantic (Mass.)... 100 163
110

Spring Valley—

Western Union Tel.—

{
5*40

56

St. Louis G. L

*9*2

•Chrysolite

i

Consol.Coal of Md.100
I Cumherl’d Coal&I.lOO
Dead wood Mining.
Excels’r W.&M.Co.lOO

167
28
150
100

90
65

..10
50
100
10

[Cherokee

TOO
finoprinl
1395 ! Consol. North Slone.
100
130
j (Consol. Pacific
1000 i !Consol. Virginia.. .100
'
1
162Copper Knob
Crown Point.
100
195
iDahlnnega
..10
39
[Hundenberg

$

jColorado Coal & T.100

j

1-85
1*25
•15

3-25
•26
205
1*30
•25

'Centennial

)

Caribou Con. Min’g.10
Oent.Arizona Min. 100
j Clinton Coal & Iron.10

115
50
60
52
32
62

65
80
177
137
150

California
Carb. Hill

2*70

•25

...

(Caledonia B. H...

A 8k.

2-60

100
1
.100
.100
..10

[Calaveras

j

107%' George’s Cr’k C’l (Md.)

60
75
175
135
150

'Bulwer....

1 Freeland

MANLFACT’ING

Bt.Charles Bridge,7-8s
St. L. Bridge & Tun—
1st, 7s, g.. 1929. A&O ♦122
Reconstruc. certfs... :i22

Adams

Buck Mount’ll Coal.50
Butler Coal
25

STOCKS.

Mariposa Gold L.&M.—

Cons. M., 7s,’86.J&J
Mercantile Real Estate

Mutual of N. Y
TOO
New York, N.Y...
N. Orleans G. L. ..100
N. Liberties, Phila..25

Washington, Phila ..20
Portland, Me., G. L.50

97
100

Geld & Stock Tel

American

Big Mountain Coal. 10

....

do

Land scrip

29

145
65
94
126
107
112
45
55
48
28
55

Glass

York Co. (Me.)
750
COAL A: HISCEL.
MINING STOCKS.
25
American Coal

67 %!
800

Brookline, Mass... 100
138
Cambridge, Mass.. 100 137
91
90
Chelsea, Mass
100
89% 90
Dorchester, Mass. .100
125
Jamaica Pl’n.MasslOO 120
131
98% Lawrence, Mass... 100! 130

New mort

Susquehanna—
6s, coup., 1918.. —w
78, coup., 1902. .J&J
Union,1st 6s.’83.M&N

1

Bullion

76

Troy C. & W.< F.R.) 500
Union C.Mf. (F.R.) 100 xl92
x25
Union Mfg.(Md.»
1 SO
! i Dunkin
Wampanoag( F.R.) lot) 175
99% 100 1 [Durango
Washingt’n (Mass.) 100
15
17% Emp. Utah
Weed Sew. M’e (Ct.)25
107
1 (Eureka Consol
105
Weetamoo (F. R.)l00
90 ' Father De Smet
[ Wi 11 iin’tic Linen(Ct) 25 88
1
1275
1260
Fiudiey

106% i 107
110
107

1*07

Morris-

Pennsylvania—
6s, coup., 1910..
Schuylkill Nav.—
1st INI., 6s, 1897..j, ...
2d M., 6s, 1907.. Jifc.l
Mort. 6s, cp., ’95 JtfcJ
6s, imp.,cp.,’80 M&N

75

x243

[N.Y. Life& Trust.. 100

ioo%

90

•

100

Mercantile

1

SO

60

jN. Y. Guar. & Did. 100

r

47%

80
48

82
118% 119

j Equitable

James Riv. & Kan.—
1st mort., 6s...M&] J
2d mort., 6s.. .Met] I

Lehigh Navigation—

*

[Atlantic & Pacific..25
[Franklin
IOC

Delaware Division—
J& J
6s, 1878
Delaware & Hudson-

Conp. 7s. 1894. A&<
Reg. 7s, 1894 ..A«fc<

jN.

TE I/EG It A PII

I

Os, ’86

119

..50
.100

Buldomingo

Mexican
IOC
Southern & Atlantic 25
Western Union
100
TRUST CO.’S
STOCKS.

Wells, Fargo & Co. IOC

*

J

1st, 7s, 1909...
Chesap. & Delawi

121% 122

80
E.
(
575
Newmarket.
2610
2605
1XIO6O 1075
92
Rich. Bord’n(F.R.) 100 x90
1000
Robeson (F. Riv.) 1000 975
128
Sagamore (F. Riv.) 100 125
390
Salmon FaUs(N.II.)300 380
61
[8andw.Glass(Mass.)80 58 125
Shove (Fall Iiiv.). 100 122
no
Slade (Fall Riv.).. 100 105

118

Bid.

Miscellaneous.

Ask.

Bid.

63% Nanmkeag (

62%

IOC

First Page of Quotations.

Miscellaneous.

Ask.

Bid.

Miscellaneous.

Ask.

Bid.

Canal Stocks.

BONDS—Continued.

QUOTATIONS OF STOCKS AND

GENERAL

495

CHRONICLE.

THE

1881.]

Mat 7,

115

150
107

[| 82

30

496

THE
GENERAL
For
Bid.

BOSTON. U
Atlantic
.100
100
Atlas
Blackstone
100
.

Blue Hill.:

100

City.

Manufacturers’..

L57

'

I
1

)

3
-

j
3
3
3
3

BROOKLYN.

Atlantic (State)...

Brooklyn

First National
Fulton

.

.

a

Long Island

Manufacturers’.
Mechanics’
Nassau

.

...

.

.

Brooklyn Trust

.

CHARLESTON.

CHICAGO.
)
0
0
9

Hide and Leather.

.

9

0
3

0
0
0

CINCINNATI.
Citizens’ National.
First National.....

.

.

.

.

.

.

..

American Nat..

.

.

3
0
9

3
0
0
0
0
0
0
0

.

i

110
125
120% 121
100
103
1
94
94%;
175
176

119% 120
118
120
147% 148
125
126
122% 123
121% 122
120
121
124
125
145
146
116% 117
130
131
205
207
103
105
108
109
124% 125
110
HI
125% 125%
117% 118
126% 127
110% 111
107% 108
or;
130
lo»)
118
120
236
240
128% 129
112% 113
148% 149
112
115
200
202
115
120
151
152
139
140
114% 115
63% (54
113% 114
164
165
138% 139
129
130
122
122%
140
141
152
153

0
0
0
0
0
0
0

0
0
0

0

100

3 25

100

102
105
147
108
104
108

106
118
110
106
110

100

Security

100

Third National
Western

100
...100

West.Finan.Corp. .100
MOBILE.
Sank of Mobile
..25
First Nat
?100
Nat. Commercial. .100
MONTREAL
British N. America....
Commerce
50
Dominion
50
Du Peuplc
50

26
120
85

..

103
144

151%
91%

Eastern"Townships

116
136
145
118
74
118
100

50
100

Exchange
Federal
Hamilton

100

Ilochelega
Imperial

100
100

100

Jacques Cartier... 100

Maritime
Merchants’
Molsons
Montreal
Nationale
Ontario

100
100
50
200
50
40

Quebec

100

80
101

Standard

| 90

92

1*3*6%
.

1

.

105

81

Metropolitan
Mutual Nat
100
New Orleans Nut. .100

110
139

53%
112%

50

128
70
135
95
38
130
120
168
126
75
167
110

132
75
138
98
44
132
123
172
130
79
171
112

141
90
119
125
84
102
104
139
100
102

142
95
120
126

85
103
105
141
102
104

People’s

25

Phenix

20

j Republic

100

Second National..100
Seventh Ward
100
Shoe & Leather.... 100
St. Nicholas
100
State of N. Y
100
Tradesmen’s
40
Union
50

115

!

*

.

150
55

......

154
130
110

Kensington Nat

50
+

24%
133

104%
94
130
105

59
162
156
156

5

10

Merchants’ Mutual 50
10

BOSTON.
American F. A- M
Boston

100
100

Boylston

100

Common wealth
95

100

.

Dwelling House...100
Eliot

100

Firemen's

TOO

Franklin

100
3 00
Mass. Mutual
TOO
Mercantile F. Sr M 10O

Manufacturers’
140

Neptune F. & M...100

90

—

I
I

112%

North American
Prescott,

300
1OO

Revere

100

Shoe Sr Leather
Wash in wton

100

330
220
118
250
95
102
5
113
105
99
102

152

26
...

...

150

......

20
70

....

j

...

...10
100

104
1....

117
100

102%

3.3*4 j
1
i

128

.'50

Howard

Importers’ & Trad.. 50
Irving
100
Kings Co. (B’klyn) .20
Lamar

!

7
26
25

150

Enterprise

,20

Eureka

Firemen’s
Germania

| Globe

{Merchants’^
Miami

80
140

25
i cm

160
110
80
145
140
101

20

20
20
20
Manuf 20

Valley

20

75

20
21

St. Nicholas

Standard
Star

.52
50
100

110

Sterling
Stuyvcsaut

100
25

115
85

Tradesmen’s
United States
Westchester

150
155

85

100

100

iCnmiP.efieiit
Hartford
National
Orient
Plimnix
Steam Boiler

inn
100
100
100
100
40

LONDON.
Comrnerc’l Union

125
143
272
23
i an

283
171
120
190
65

£5
50
25
2-5

25%
75%
158

Tjiv Ai. r^nnrl ^ninho9n
North’ll Fire Sr. T.ifc
5
North Brit. Si Mer 6%

o a 3c

..

Queen Fire & Life

8%
61

54%
67

1

4*4
,

MOBILE.
Citizens’ Mutual... 100

Last price preceding May 5.

57

110%
113

Q 1
Oi

70

155
108
200
215
195
160
123
130
60
100
220
210
95
100
120
95
107
110
180
155
117
260
65
140
1G0
80
155
75
120
95
75
145
200
63
108
93
110
60
142

105
160
160
85
120
110
150
115
70
150
110
185
112
220
115
190
110
130
87
70
150
60
126
114
75
115
105
125
108
200

160

225
205
175
130
140
105
230

100

100
120
190
160

70
150
165
90
162

8C
125
100
3*
152
210

67ia
115
97
75

115
70
146
110
170
170
90
125
120

160

“75"
160

115

■

120* *
135

9212
80

"76’*
130

11712
110

PHILADELPHIA.^

American Fire .'...100
Fire Association... .50
Franklin Fire
100
' Delaware Mutual...25
Ins. Co. of N. Am’ca 10
Ins. Co. State of Pa 200

HAKTFORD, CONN.
..Etna Fire

25
25
10

Williamsburg City..50

100
125

Western

100
100

105

lOo

Washington

Republic
Rutgers’

140

50

National
Union

7% Long Isi’d (B’klyn).50

27
30
7%

25
Lorillard
t
Manuf. & Builders’100
Manhattan
100
4
5% Mech. & Traders’... 25
50
60
Mechanics’ (B’klyn)50
11
12
50
Mercantile
Merchants’
50
141
142
Montauk (B’klyii).. 50
147
146
Nassau (B’klyn).... 50
151
152
National
37%
87
New York City
xll9
122
N. Y. Equitable
35
xl42
144
New York Fire.... 100
180
Niagara
50
65
70
25
North River
146
25
Pacific.
116% 119
Park
100
145
142
Peter Cooper.......20
xl32
133
People’s
50
125
xl20
Phenix (B’klyn) —50
xl23
125
Relief
50

90

R'l trlft

..100
25

Lenox

Lancashire F. Sr. T,
London Ass.Corp.12%

......

zens’
r

.....

1

125

25

Guardian

.

25
17

oklyn

98

(

1 00

Cincinnati
Citizens’
Commercial

■

ad way

l
(
(
(
(
(

J

CINCINNATI.
Amazon(new stock) 20

'

srican
50
iirican Exeli...l00
rery
25

i

Lafayette (B’klyn) .50

National Fire

66
60

Exchange Nat. 50
Eighth Nat. ~
100

First Nat
100
Fiinnfti’s’itlVrDcIi N 100
Girard National
40

58
161
3 54
154
111
150

Knickerbocker... ..40

Howard Fire

34%
65*2

116% 125

PIKE

Maryland Fire

118
65
llO
115

38^
6H2
27
28ia
109% 11112

Wells, Fargo <fc Co
INSCR’CE
STOCKS.
BALTIMORE.
Associate Firemen’s.5
Baltimore Fire Ins.10
Firemen’s Insur’ce. 18

55
45
95
45

NEW YORK.

Merchants’ Exch..l00
Nat.Gold Bank& Tr. Co
Pacific
135

85~

60%

i

•••••.

Bank of California.... 134
100 xll2
First Nat. Gold

Imperial Fire

Com

02
50
109
111
38

afayette.

i

Grangers’ B’k of C.100

120
120% 125
140
+
45

50
Commercial Nat....50
Commonwealth Nat 50
Consolidation Nat 30

33%

«

Anglo-California

City National

.

68

Valiev National.. .100
SAN FRANCISCO.

110

.

275
215

(it
108
110

r ^

Merchants’, Old

{Atlas Insurance
.

j

....

100%| Third National....100

128
+

I
r
I
r

108

.

1

PHILADELPHIA §

B’k of N. America loO
Central National.. 100

225

ST. LOUIS.
B’k of Commerce.. 100
Commercial
100
Continental
100
Fourth National .100
International.-... .100
Mechanics’
100

110%

:io3

143

1
r

State"Bank of Va.100

125

80
50
40
90
40

Ask.

112% 114

I

60

110% 111% Merchants’Nat ...100
98%
St. Louis National. 100

..

c
.....

Merchants’ Nat...100
Nat. Bk of VirginialOO
Planters’ Nat
100

102

Bid.

NEW ORLEANS.
110

Cumberland Nat.. .40
Canal Nat
100
Casco Nat
100
First Nat
100.
Merchants’ Nat
75
National Traders’.100

.

105
152
90% 92
30
41

120
109
110
111

V

......

PORTLAND, ME.

75

*

115
2L5

TOO

Mut.

s
r-

50
Third Nat
100
Union Nat
50
Western Nat
50
West Philadelphia. 100

145

...

105
125

Snrincr (Inr<lcn

1
A
I

103% 22d Ward

Nassau
100 + 107
New York
100 + 144
N. Y. Nat. Exch’gelOO ;loo
New York Count}'. 100
Ninth National... .100 125
North America
70 :ioo
i‘01
North River
50
94
Oriental
25
Pacific
50 '+145
Park
100 153% 156

2*10

100
50

Insurance Stocks.

125

100
100

Sixth Nat
Southwark Nat

Ask.

29%

Philadelphia Nat.. 100

l Second Nat,
( Seventh Nat

....

145
207
150
100
123
155
112
210

Bid.

.

104
145

Leather Manufts.. 100 + 128
Manhattan
50 + 137
Manuf. & Mereh’ts 20
Marine
100 145
Market
100 J120
Mechanics’
25 145
Mechanics’ B. Ass’nSO
Mechanics’& Tr.. .25 1*0*3
Mercantile
100 1 112
Merchants’
50 !U30
Merchants’ Exch’geSO
91%
Metropolitan
.100 160

210

Page of Quotations*

Merchants’ Nat
Nat. B’k Commerce. 50
Nut-B’k Germant’11.50
Nat.ll’kN. Liberties 50
Nat. B’k Republic .100
National Security. 100
Penn National
50
People’s
100

jf.lK7%

90

or First

Manufacturers’Nat.25
Mechanics’ Nat....100

.....

140
210
100
75
200
125

AND BONDS—Concluded.

Bank Stocks.

110%

i

175

[Vol. XXXII

x20% 121
RICHMOND, VA.
109% 110^2 City Bank. ....•
25
x9l% 191% First Nat
100

Toronto
100
Union
100
Ville Marie
100
NEW ORLEANS.
Canal & Banking. .100
Citizens’
100
Germania Nat
100
Hibernia Nat
100
Louisiana Nat..
100

People’s

Ask.
130
L38
200
120
126

..

Merchants’ Nat
Northern of Ky
Second Nat ..”

Price nominal; no late transactions.




129
135
195
118

State Nat
100
Union Nat
100 105
NEW YORK.
I80
200
America
100 143
121
122
American Exch’gelOO 123
115
115% Broadwav
25
126
(2G%| Butchershfe Drovers25 1118
129
130
I Central National.. 100
105
105% Chase National.... 100 1135
104% 105
Chatham
25 +tio
126
127
Chemical
100 11741
150
151
City
100 231
138
139
Citizens’
25
113% 114
Commerce
100 153
Continental
100
160
175
.. .100 1150
Exchange
110
113
East River.. T.
25
193
220
230
Eleventh Ward
25
106
First National
100
240
260
Fourth National.. .100 119%
95
105
Fulton
30 1130
100
L03
Fifth Avenue
100
96
100
Gallatin National ..50
180
185
German American. .75
169
L70
’Germania
100 J95
150
! Greenwich
25
Grocers’
30
89
Hanover
100 127
140
Importers’ & Tr ..100 +235
t
112
Irving
50

LOUISVILLE.

*

German National. 100

[

.....

>
[)
0

Second National
Third National....
HARTFORD.

j

Bid.

{Corn

.

.

Commercial

Bank Stocks.

Kentucky Nat
100
Louisv. Banking Co.40
115%; Masonic
7 .100

-

)

1

125% 126
115
108
123

STOCKS

Explanation* See Note* at Head

Ask.

156

OF

1

.Bank 8TOCKS.

QUOTATIONS

CHRONICLE.

280
25
143
300
176
125
195
68

341-2

34%

Pennsylvania Fire 100
Lumbermen’s

50

Spring Garden

50

Union

10

United Firemen’s

..

10

122
12

1*2*6*

28is

RICHMOND.

25

23

Merchants’&Mech. 100

93

2312
95

Virginia F. & M.....25
25
Virginia Home

3412

36

27
34

27%

City

....

Virginia State..

25

ST. LOUIS.
26% American Central..25
100
Citizens’
158
Jefferson
100
100
8% Marine
63
SAN FRANCISCO
O^5o
California
100
Commercial
100
63
Firemen’s Fund
100
“4% Home Mutual
Oi14 State Investment. 100
Union
100
75
Western

76%!

§ Quotation per share.

3t
110
100
110

118
110
115
115
105
121

All ex-dividend.

35

35%.

119
112
118
117
107
123

May 7,

THE

1881.]

CHRONICLE.

497
1977..

JunCStWCUtS

Ovcrating

$

expenses—
Maint. of way, &c
Maint. of equipment.

AND

2,241,298
1,301,896
4,469,379
480,974
470,418

Transport’n expen’s.

STATE, CITS: AND CORPORATION FINANCES.
*

-

The Investors’ Supplement contains a complete exhibit

of the
Funded Debt of States and Cities and of the Stocks and Bonds
of Railroads and other Companies. It u published on the last
Saturday of every other month—viz., February, April, Jane,
August, October and December, and is furnished without extra
charge to all regular subscribers of the Chronicle. Single copies
are sold at $2 per copy.

ANNUAL
Lake Shore &

REPORTS.

Michigan Southern Railway.

(For the year ending Dec. 31, 1880.)
The annual report for 1880 is just issued in pamphlet form.
The miles of road operated have not varied in eight years, and
the total remains at 1,177 miles, with 235 miles second track,
and 480 miles side tracks, making in all 1,893 miles of track, of
which 1,125 miles are laid with steel, an increase of 43 miles in

Taxes
Miscellaneous 1

was charged to construction or equipment account
in either 1880 or 1879. There was added to the equipment in
1879 700 new freight cars, costing $300,000 ; in 1880, 1,500 new
freight cars, costing $700,000, all charged to operating ex¬
penses. The funded debt was reduced $250,000 by the pur¬
chase for the Sinking Fund and cancellation of $250,000 first

The Sinking Fund

mortgage bonds.

amounts to $2,500,-

now

000.

The net earnings
as follows:

in 1880

$8,331,356, which

were

Total

were

disposed

derived from inter¬

Fixed charges, after deducting $208,661
est and dividends on assets
Contribution to Sinking Fuud
Dividends, two of 4 per cent each

$2,750,374
250,000
3,957,320

;

$6,957,694

payments

Balance, surplus for the year...—

1,373,661

$8,331,356
The amount earned for each share ($100) of the capital stock,
after the payment of prior fixed charges was $11 28 against

$7 24 in 1879 and $5 61 in 1878.
As the largest gross earnings ever made were in the year
1873, a comparison of the aggregates and results of that year
with those of 1880 is here given :
Gross earnings
Operating expense

1880.

1873.

$18,749,461

$19,414 G09

$10,418,105

Percent.

$1*4,746:598

55*56

Net earnings
Tons freight moved one

Eate per ton per mile

70*90

$3,331,356
1,851,106,018

mile

$5,667,911
1 ,053,927,189
Cent 1*335

Cent 0*750

Mr. Vanderbilt remarks : " These figures show that we had
eighty per cent more work to earn a dollar in 1880 than we
did in 1873. In other words, the public obtained transporta¬
tion for 180 tons freight in 1880 for the same money they paid
for 100 tons in 1873.”
to do

compared with 1879, the freight business of 1880 show the

following changes:
1879.

1880.

Tons carried....
Tons, one mile..

Earnings

Increase.

8,350,336

7,541,294
1,851,166,018 1,733,423,440
$14,077,294
$11,288,261

The passenger

P. c.

809,042
117.742,578
$2,789,033

business which had, in

common

10*73
6*79

24*71

with that

business on other principal roads, shown a stecidy decline since
1873, show's this year an increase. A comparison with 1879 is
here given:
1880.

1879.

Increase.

P.

c.

Number passengers
carried

Murnber passengers
carried one mile..

Earnings

3,313,485

2,822,121

176,148,767
$3,761,008

141,162,317
$3,138,003

Comparative statistics for four

years,

form for the Chronicle, are as follows:
ROAD AND

Milos owned
Miles l’s’d &contr©rd

491,364

17*40

34,986,450
$623,004

24*79
19*86

compiled in the usual

EQUIPMENT.

1877.

1878.

1879.

1880.

1,025

1,025
152

1,025

1,025

152

152

152

,

1,206,644

1,204,527

t 2,168,856

4,534,896
466 335
§587,720

4,626,385
437,616
§ 855,212

5,307,829
437,639
§688,709

I Includes damage and loss of freight and baggage, personal injuries,

law expenses, rents payable, and hire of cars.
§ Hire of cars was in 1878 $380,009; in

$150,970.

1879, $658,962; in 1880,
%

INCOME ACCOUNT.

1877.

Itcceijits—

Net earnings
Interest and divid’ds.

$
4,541,194
171,776

Total income
Disbursements—
Rentals paid
Interest on debt

4,712,970
$
265,404
2,628,680

1878.

$
5,493,166
197,662

1879.

1880.

$
6,336,968
172,806

$
8,381,356
~ 203,662

5,690,828
6,509,774
8,540,018
$
$
$
251,924
257,489
282,956
2,611,180
2,616,955
2,622,730
(10) 53,350 (10) 53,350 (10) 53,350 (10) 53.350
Dividends, guar
Dividends, ordin’y
(2) 989,330 (4)1,978.660 (*)3,215,322(8)3,957,320
Ashtabula accident..
495,722
77,909
60,128
Miscellaneous
4,378
37,544
Balance, surplus
276,106
680,261
306,530
1,623,662
...

...

Total

4,712,970

5,690,828

6,509,774

8,540,018

GENERAL BALANCE AT CLOSE OF EACH FISCAL YEAR.

1,177

1,177

1,177

1,177

495

495

267

264

495
248

494
247

Freight

8,479
1,800

1,599

9,001
1,947

10,943
2,411

...

cars

Coal and all other

cars

OPERATIONS

Operations—
Passengers carried...

8,483

AND FISCAL RESULTS.

1877.

1878.

1379.

1880.

2,742,295
2,746,032
2,822,121
3,313,485
Passenger mileage...138,116,618 133,702,021 141,162,317 176,148,767
Rate $ pass. $ mile.
2*32 cts.
2*29 cts.
2*22 cts.
2*13 cts.
Freight (tons) moved 5,513,398
6,098,445
7,541,294
8,350,336
Freight
“ mileage * 1,080,005 *1,340.467 *1,733,423 *1,851,166
Av. rate $ ton $ mile
0*864 cts.
0*734 cts.
0*642 cts.
0*750 cts.
Earnings—
$
$
$
$
Passenger
3,203,199
3,057,393
3,138,004
3,761,008
Freight
9,476,608 10,048,952 11,288,260 14,077,294
Mail,expr’ss,r’nts,&c.
825,352
873,421
815,228
911,159
Total gross earnings. 13,505,159

Three ciphers omitted.




Assets—

1877.

1878.

1879.

1880.

$

$
68,866,354
14,378,709

$

$
68,862,600

Railroad,b’ldings,&c. 68,703,206
Equipment
Real est,&office prop.

Ch.&Can. So.bds.,&c.
Stocks owned, cost...
Bonds owned, cost
Advances
Bills & aec’ts rec’ble.
..

Materials, fuel.&e...
band
Uncollected earnings
Cash

on

Total assets
Liabilities—

StoekJ
Bds. (see

*

14,378,709
228,071

227,513

1,663,977
2,195,064
1,224,909
521,573
887,785
1,298,852

1,849,441
2,231,025
1,222,036
514,971
637,578
1,950,698

348,315

68,862,600

14,378,000 14,378,000
225,376
223,597
660,000
660,COO
1,854,245 *2,288,358
2,248,017 t 1,924,080
1,233,834
1,253,778

316,627

756,857
2,477,134
367,379

973,785
3,410,798
744,291

91,450,461
$

92,194,952
$

93,063,442
$

94,719,287

50,000,000

50,000,000 50,000,000 50,000,000
37,024,000 37,430,000 37,189,000
1,510,670
2,005,335
2,005,335
415,150
540,546
822,72
3.245,132
8,078,561
4 702,22

Supflem’t) 37,274,000
1,016,005

Dividends
Liabilities of prev.yr.
Protit and loss

595,583
2,564,873

$

Total liabilities... 91,450,46.1 92,194,952 93,063,442 94,719.287
1880 stocks held as follows: Jamestown <fc Franklin RR

In

,

$320,000; Lake Shore & Mich. So. RR., $268,200; Dot. Mon. & Tol. RR.,
$414,110; Union Stock Yard, $400,000; Merchants’Dispatch Trans.
Co., $79,226; Empire Line Trans. Co., $38,971; Pittsb. & Lake Erie RR.,
$200,000; Pacific Hotel, $125,000; Cin. Wab. & Mich. Railway, $437,000;
Clev. Turo. Val. & W. RR., $.<850.
t In. 1880 bonds held as follows: Jamestown & Franklin RR., $495,G«rO: Lake Shore <fc Tusc. Val. RR., $400,000; Mahoning Coal RR.,
$387,538; White Pigeon <fc Kal. RR., $52,200; Holliday Coal Co.,

$24,000; Clev. Tusc. Val. & Wheeling, $138,150; Pacific Hotel, $290,712; Gr. Rapids N. <fc L. 8. RR., $136,180.
t Of this stock $533,500 ** guaranteed 10 per cent dividend.

Michigan Central.
{For the year ending Dec. 31,1880.)
The annual report for 1880 notes the following changes in
the funded debt: The sinking fund trustees have purchased
$18,000 of the first sinking fund and $5,000 of the second sink¬
ing fund bonds—a total of $23,000. The trustees of the Jackson
Lansing & Saginaw Railroad Northern Extension bonds have
called in, and with proceeds of land sales paid and canceled, of
that issue, $318,000. Thus, by the above changes, the com¬
pany’s liability is diminished $341,000, and its annual interest
payments $27,280.
There have been large improvements in the road and equip¬
ment, for which there has been expended, in excess of the
amount necessary for actual maintenance, say $750,000.
“ The
freight tonnage shows an increase of 8*06 per cent over the
unprecedented volume of the previous year, and the earnings
also show an increase of 24*24 per cent. The passenger move¬
ment show's an increase of 17*58 per cent, and the earnings
therefrom an increase of 19*32 per cent; but the rate per passen¬
ger per mile shows a decrease from cents 2*21 to cents 2*13, or
3*62 per cent.
This is due to an increased emigrant and excur¬
sion traffic at less than average rate of last year... The operat¬
ing expenses show an increase in their per cent to earnings,
viz.: from 63*97 to 64*11, or fourteen-hundredths of one per
cent, which is small, in view of the fact that for the improve¬
ment of the property there was charged to expenses, say

$600,000, which could

properly have been charged to con¬
this amount been so charged, the
operating expenses would have been but 57*41 per cent, or a
redaction of 6*56 per cent from last year.”
Construction account for the entire system has increased dur¬
ing the year $271,109, of which amount the cost of lands and
new second track, viz., $95,184, was paid with funds derived
from traffic; but the cost of 227 new freight cars, viz., $175,925,
was paid with proceeds of sundry securities which the company
struction

Total operated
Locomotives
Pass., mail & exp. cars

*

1,811,284

1880.
$
1,815 072

$

Total
8,963,965
8,486,600
8,934,524 10,418,105
Net earnings
4,541,191
5,493,166
6,336,968
8,331,356
P.o. of op'.ex.to ear’gs
66 37
60*70
58*50
55*56
t Of this amount $700,000 was expended for 1,500 new freight cars.

Nothing

As

1879.

$
1,691,005

*6^ per cent.

1880.

of

1878.

account.

very

Had

had theretofore held.
Income account shows, after charging to it disbursements for
operating expenses (including extraordinary items enumerated),
interest and rentals, dividends and $70,000 for Jackson accident
claims (now all settled)—a net gain for the year of $96,347. The
present balance of the account is composed as follows:
Detroit & Bay City gwaranteed interest
$50,900
Construction expenditures
105,184
Cash surplus.
149,880
»

13,979,766

15,271,492

18,749,461

Total

$305,9C 4

THE CHRONICLE.

498

report of the Land Commissioner of the Jackson Lansing
& Saginaw Railroad Company gives the following statement of
sales for the last three years, as follows:
The

Number of acres sold
Average price per acre
Amount of land sales
Amount of timber sales

1878.

1979.

12,415

14,888
$11 40

$9 86

122,411
7,002

1880.

47,124

$14 46

691,341
89,620

169,789

28,523

Which

was

[vol. xxxn.

disposed of

as

follows:

Expenses in operating Col. Chic. & Ind. C. Railway prior to
January 1, 1875, paid iu 1880
Interest on 2d mortgage bonds, due October 1,1875, to Apiil
1, 1878, inclusive, paid in 1880
Sundry old claims accrued in previous years
Balance to debit of profit and loss, December 31,1879

$12,873
525,000
76,632

37,504

Leaving to credit of profit and loss, December 31, 1880.
$97,050
The tonnage transported was 3,099,994 tons, against 2,726,847
in the previous year, an increase of 373,147 tons, of which
348,994 tons was in the local and 24,153 in the foreign tonnage,
the gain being mainly in the movement of coal and
The
revenue from local tonnage increased $214,753, and that from

Total land and timber sales
$129,413
$198,312
$770,961
During the year 322 extension bonds have been called in and
paid, or money deposited therefor.
coke.
The number of acres of land remaining unsold is 408,881, and
estimating the same at $7 50 per acre, which is believed to be a foreign tonnage $358,610. The.rate received per ton per mile
minimum value, we have the following estimated assets:
was 8 4-10 mills, against 7 2-10 mills in 1879, while the cost per
408,881 acres of land at $7 50
$3,066,607 ton, although increased from 4 2-10 to 4 4-LO mills, bears con¬
Amount due on land contracts
561,388 clusive testimony, in view of the advance in the price of labor
84,813
Cash in hand December 31, 1880
and materials, to the excellent condition and economical man¬
Total.;
$3,712,839 agement of the road. The tonnage per train shows a decided
Operations and fiscal results for four years past, and income improvement over the preceding year.
There were carried 902,454 passengers, against 778,461 in
and general balance for three years, prepared in the usual
1879, an increase of 123,993, of which 112,059 were in the local,
form for the Chronicle, are as follows:
OPERATIONS AND FISCAL RESULTS.
and 11,934 in the through, travel. Of the increased revenue
from this source, $59,904 was derived from the local, and $43,673
Operations—
1877.
1878.
1879.
1880.
Passengers carried...
1,400,847
1,373,530 1,445,655 1,699,810 from the foreign, traffic.
Passenger mileage ... 79,805,454 79,684,072 93,232,430 115,523,789
CHARTIERS RAILWAY.
Ratc$ pass’gci $ mile
2-36 cts.
2-41 cts.
2-21 cts.
2*13 cts.
1880.
1879. Increase.
Freight (tons) moved.
2,937,570
2,786,646 3,513,819 3,797,137
Earnings
$84,660
$93,733
$9,073
Freight (tons) mi!eage446,708,939 548,053,707 721,019,413 735,611,995
55,811
54,064
1,777
Av. rate $ ton $ mile
0*848 cts.
0*692 cts
0*842 cts. Expenses
0*982 cts.
Earnings—
$
$
$
3
The expenses were 59*57 per cent of the earnings, against
Passenger
1,881,581
1,918,609
2,062,265* 2,461,771
6,195,971 63*86 per cent for the previous year. 1880.
Freight
4,387,839 4,646,248 4,986,988
1879. Increase.
Mail, express, Ac
292,015
307,237
297,541
293,633 Net
earnings
$37,892
$30,596 $7,295
314
6,161
5,847
Total gross earnings.
6,561,435 6,872,094 7,346,794 8,951,375 Hire of equipment
Operating Expenses—
$
$
$
$
Net amount paid Chartiers R’y Co...
$24,749 $6,980
$31,730
Maint. of way. Ac
904,613 1,226,536
778.948
854,554
PITTSBURG WHEELING A KENTUCKY RAILROAD/
Maint. of equipment.627,624
64*,718
623,730
670.006
1880.
1879. Increase.
2,296,394 2,455,164 2,824,901
Transport’n expenses 2,357,529
302,742
204,497
201,682
197,255 Earnings
Taxes
$91,543
$77,598 $13,945
441,639
363,075
514,403
820,053 Expenses
Miscellaneous *
57,917
44,250 13,667
;
...

-

5,733,751
2,647,202 3,212,624
P.ct.op.exp.toearn’gs
63*97
64*11
Includes legal expenses, rentals, loss and damage of freight, injuries
to persons, car mileage, commissions, and several small items.
INCOME ACCOUNT.
Total

4,508,482

4,367,238

Net earnings

2,052,953
68*71

2,504,856
63*55

4,699,592

*

1878.

$
2,504,856

Receipts—
Net earnings
Interest and dividends

119,664

Total income

$
3,212,624

2,647,202

184,310

184,310

3,346,998
$

$

Total

97,453

208,512

2,715,836

3,346,998

GENERAL BALANCE AT CLOSE OF EACH FISCAL YEAR.

Assets—

RR., build’gs, equipm’t,

Ac.1*

1878.

1879.

$
33,069,901

$

Equipment bond trustees...
Stocks owned, cost
Bonds owned, cost
Bills and aec’ts receivable
Materials, fuel, Ac
Cash on liana
Detroit A Bay City RR
Uncollected earnings

..

33,S51,010

58,940

562,570
411,619
755,362
340,172

Expenses

237.580

85,968

35,546,005
$
IS,738,204
113,691,000

36,955,366

3,192,108

3,116,801

35,142,272

35,546,005

36,955,366

20,960

bonds, $500,000.
Pittsburg Cincinnati & St. Louis.

(For the year ending December 31, 1880.) for 1880 shows that the gross earnings
$4,323,406, against $3,603,123 in 1879. The expenses were
per cent of gross earnings, against 55*61 per cent for the

he net earnings
Previous
year. were

Add amount received for hire of equipment
Add amount received from interest on investments

12,849
3,192

$435,137
$2,048,722

Increase
Net revenue for 1880, as above

Deduct payments

$2,032,681

$2,048,7*22
1,613,585

Total net revenue for 1880
Total net revenue for 1879

1,054,923

for interest, Ac

$993,798

Profit for 1880
Profit for 1879

605,480

$388,318

Increase

deducting the additional receipts and payments for the
was the following result:
profits on all lines for 1880
$745,866

leased lines there
Profit

on

412,000

all lines for 1879

Increase

.

To the profit on all the lines for 1880, amounting to
Add amount received of George B. Roberts, trustee

Total,




MIAMI

RAILROAD.

Increase.

1879.

1880.

$1,434,506 $1,332,495 $102,010
1,015,357
891,706 123,651

The expenses were 70*78 per
66*92 per cent in 1879.
The net earnings for 18S0 were

cent of the earnings, against
$419,148

Amount due on division of earnings with C. C. A I. C.
For dividends and interest on securities transferred
at time of lease
For pmlit oil Newport A Cincinnati Bridge

Net receipts

30,000

Railway
to lessee

79,444
8,904

8,246

from Cincinnati Street Connection Railway.. -

$545,743

Total net revenue for 1880

Against which were charged—
year’s rent of road
year’s int. on Cinn. Street Connect.

One
One

Railway bds.

$682,630

23,625—706,255
$160,512
182,477

$21,965

Decrease

The local tonnage of the road shows a slight decrease.
total amount transported was 782,495 tons, against 787,769
in the previous year, there being an increase in the

$333,865

$745,866
3,195

$749,051

The
tons

movement

live stock and merchandise, and a decrease in coal
and grain. A slight advance in the average rate explains the
of lumber,

increase in

freight earnings before shown.

COLUMBUS

CHICAGO A INDIANA CENTRAL

RAILWAY.

EARNINGS.

1880.

Freights
Passengers
Express

:

Mails
Rent of railway
Rent of other property

Total

1879.

Increase.

$3,521,559 $2,815,910 $705,649
1,007,358
852,500 154,857
3,640
67,858
64,218
103,953
14,470
118,423
1,000
68,101
67,101
2,332

4,910
*18

$4,795,771 $3,911,261

$884,510

10,154
2,314

Miscellaneous

5,244

EXPENSES.

After
Net

the

bonds of the Cincinnati

Net loss for 1880
Net loss for 1879

The annual report

'

above the net earnings to pay

Add-

$
18,738,204
13,691,000
1,200,849
3,325,313

Increased by Grand River Valley RR.

52*98

LITTLE

220,062
187,531
289,272

Including leased lines.

~D pyw p.fifip.

1379

$110,142 $65,320

Muskingum Valley Railway Company was advanced by your
in accordance with the terms of the lease.

Earnings

t

$
$9,962
55,357

company

$

489,387

18,738,204
13,191,000

Increase. Decr’se.

1880

$44,821

Val. Railway Co.

amount necessary

664,765

*

were

The

545,246

136,381
323,192

$277

1,054
*$777

87*71 per cent of the earnings, against

previous year.

interest, amounting to $105,000, on the

545,246

Liabilities—

Total liabilities

Expenses

&

Increase.

RAILWAY.

1879.

$364,703 $374,666
319,881 264,523

Earnings,

545,246
12,733 *
672,619 5
58,940

Total

Stock
Funded d’bt (see Supplem’t)
Accounts payable
Income account

33,579,901

1880.

$26,339

1880.

Amount due Cin. A M.

161,202

$25,562

CINCINNATI A MUSKINGUM VALLEY

The expenses were
70*60 per cent for the

2,624,520

Balance, surplus

1879.

$33,348
7,< 08

Decrease.

184,310

1,431,640
1,403,472
1,385,120
(4) 749,528 (5^)1,030,601 (8) 1,499,056
97,840
70,000

Miscellaneous

*

1880.

$33,625
8,063

paid P. W. A K. RR. Co..

Net amount

134,374

68,634

2.715,836

$

Disbursements—
Rentals paid
Interest on debt
Dividends

$

63*27 per cent of the earnings, against

Net earnings..
Hire of equipment

1880.

1879.

2,624,520

The expenses were
57*02 percent in 1879.

18SO.

Conducting transportation
Motive pewer
Maintenance of way
Maintenance of cars..:....
General expenses

Total.
•Decrease.

1679.

$1,246,041 $1,059,5.15
890,459
1,071,267
1,272,678

Increase.

$186,535
180,807

777,140 495,538

270,438

224,529

209,074

203,314

45,908
5,760

$1,069,510 $3,151,960

$914,550

The expenses were 84'86 per cent of the earnings, against
g0'68 per cent in 1879.
The net earnings for 1880 to the credit of C. C. & I. C. Railway
and paid over to the receivers of that company, under orders
of the United States Circuit Court, were
$726,260
The net earnings for 1879 were
756,300

.!... $30,039

Decrease

transported was 2,484,321 tons, against 2,310,053
tons in the previous year, an increase of 174,268 tons, almost
equally distributed between the local and through traffic.
Though a fair advance in the average rate was obtained, the
cost of doing the business was more than proportionately
increased, and the net result thereby somewhat reduced.
There were 814,980 passengers carried, against 695,552 in
1879, an increase of 119,428; and of the latter 06,817 were in
the local, and 22,611 in the through, travel. The increase in
Tlie tonnage

the passenger revenue was $87,200 from local, and $67,657 from
through, passengers.
“
No change has taken place in the condition of the litigation
between your company and the Columbus Chicago & Indiana

Central Railway Company, although several efforts were made
to effect a compromise thereof.
Recent changes in the owner¬

ship of the securities of that company have occurred, under
which their control has passed largely into the hands of a few
parties, who have evinced a desire to reach an amicable settle¬
ment of the matters in dispute. It is hoped that this may be
consummated in such a manner that your interests will be

properly protected.”
Comparative statistics for four years, compiled for the Chron¬
icle, are as

499

THE CHRONICLE.

7, 1S81.J

May

follows:
ROAD AND

1877.

EQUIPMENT.
1878.

1879.

1880.

’

Cincinnati Richmond & Fort Wayne.

{For the

year

ending December 31, 1880.)

The results of the operation of this road are derived from the
books of the company, made up from the reports furnished by
the auditor of the Grand Rapids & Indiana Railroad Company,
lessee.
Tlie groes earnings of the road for 1880 were
The operating expenses, including taxes and

$372,768
284,273

betterments

Net earnings for the year
88,494
The gross earnings exceed those of the year 1879 by $50,701,
and exceed those of any year previous to 1879 by $68,257.
The road has improved from year to year, and is now in a
better condition than ever before.
The income account shows the loss in operating the road,

including interest on advancements madeby the guarantors,

since the beginnintr of the lease to
To same time in 1879 it was
'.
Increase of loss

December 31, 1880

$651,811

579,780

$72,031

during the year

GENERAL ACCOUNT DECEMBER

31, 1880.

Dr.

To cost of road to December 31,1879
To amount contributed by R. D. Barclay, and
used for construction
To amount paid R. D. Barclay and associates
for construction of road
Total cost of road to date
To cash in hands of Treasurer
To debit to income account
To cash in hands of W. Parry
.

$3,228,372
230,000
224,334—
t.

$3,682,706
41
651,811
203
$4,334,763

Total
Cr.

By capital stock
By mortgage bonds, due June 1, 1921
By amount due G. R. & I. RR. Co., lessee
By amount due G. R. & I. RR. Co. for betterments
By unsettled accounts with Wayne County, for subscription

$1,708,621
1,800,000
650,744

to stook

10,559
678

201

201

1877.
1878.
1879.
680,082
747,455
778,461
Passengers carried...
Passenger mileage... 28,622,519 28,804,112 31,535,558
Rate per pass. p. mile
2*46 cts.
2-44 cts.
2*41 cts.
Freight (tons) moved 1,722,386
2,142,155 2,726,847

1880.
902,454
2 38 cts.
3 099,994

By unsettled acc’t with Jay County for subscription
By account of sundry unpaid accounts

0-84 cts.
$
864,419
3,217,078
241,910

December 31, 1880.)
in 1880 as
$643,130, as compared with $444,181 in 1879, showing an
increase of $198,949. The receipts per mile per annum for
1880 are thus $2,180, as against $1,500 for 1879. Considerable
decrease is shown in the percentage of working expenses, which
was 69*2 per cent in 1880, as against 80’2 per cent in 1879, and
a further decrease is expected in 1881.
The board has steadily
pursued the policy indicated in former reports, of raising the
service, of improving the roadbed, and of increasing the rolling
stock and equipment, so as to enable the company the better
to do the increasing business, both as regards passengers and

201

201

Miles owned & op’ted

OPERATIONS AND FISCAL RESULTS.

a o ow /

mil

0 93 cts.

ton p. mile
Earnings

Av. rate p.

$
704,603

Passenger

0‘79 cts.
$
701,607

$
760,841
2,643,714
198,568

2,270,836
203,927

3,176,370
$
398,226
200,884
1,303,498
86,999

3,603,123

Transport’ll exn’ses..
General (incl’g faxes)

3,097,962
$
427,420
180,645
1,329,337
85,511

Total (incl’gtaxes).'

2,022,913

1,989,607

1,075,049
65*30

1,186,763
62*64

2,003,561
1,599,562

....

Total gross earn’gs.
Operating expenses—
Mauit. of way, &c. ..
Maint. of equipment..

Net earnings
P. c. of op. ex.

to earn.

INCOME

$

Receipts—
Net earnings
Rentals and interest.
Net from leased roads
All other accounts
...

Total income
Disbursements—
Rentals paid
Interest on debt
Other
Miscellan’s accounts
Int. on C.& M.Val.bds
Loss on St.L.V.&T.H.

1,075,049
10,230
500,072
16,642,163

8,227,514
$

820,123

$

383,028
216,562
1,313,804
90,167

55*61

4,323,407
$
414,355
377,114
1,385,070
114,186
2,290,725

2,032,682
52*98

ACCOUNT.*

1878..

1877.

$

1880.

1879."

$

•

$

1,186,763

1,599,562

2,032,682

2,123,144

2,325,050

2,696,581

24,854
449,688
{461,839

$
828,127

669,790
75,848

669,790
132,944

U6,496,956

283,390

$4,334,763

Total

Alabama Great Southern

/ (,vix

" 0 72 cts.

2,191,782
201,577

Freight..
Mail, express, &c

159,934

to stock

Operations—

j.’ i

4,225

14,022
711,466

$
821,299

16,041
647,858

$

801,048

833,625
136,980

842,480
174,944
105,000
27.241

105,000
46,375

105,000
65,200

105,000
16,144

13,422

38 693

412,002

Railway.

(For the year ending

The directors’

freight.

report gives the gross earnings

.

report, dated May 20, 1880, reference was made to
the then intention of the board to construct an independent line
between Wauhatchie and Chattanooga. It has been decided
not to carry out this intention, and an agreement has been con¬
cluded with the Nashville & Chattanooga Railway Company,
securing for a period of thirty-three years, on terms satisfac¬
tory to both parties, the joint use of the existing line between
Wanhatchie and Chattanooga.
The accounts of the American corporation show a balance to
the credit of net revenue of $112,834, which includes the sum of
$32,221 brought forward on the 31st of December, 1879. Out
of this balance the sum of £6,005 has to be provided to defray
In the last

745,868 the current expenses of the English company from its forma¬
tion to the 31st December, 1880, leaving an amount of £17,211
Total
2,123,144
8,227,514
2,325,050 2,696,581 available for distribution, of which the sum of £15,626 will be
paid over to the English company for dividend, less income
Exclusive of Col. Chic. & Ind. Cent.
t Includes—Sale of preferred stock St. Louis Vandalia & Terre Haute,
tax, upon the preference shares now held by that company,
$200,000; sale Union Depot bonds, $186,000; amount of certain liabili¬ leaving a balance of £1,584 to be carried forward to next year.
ties canceled and surrendered by Pennsylvania Co., $5,866,721.
The directors propose that the above sum of £15,626 should
{Includes $180,400 bills payable of this company, canceled and sur¬
be appropriated as follows :
rendered by Pennsylvania Co.
H Includes—Reduction of second mortgage bonds, $2,500,000; reduc¬ Dividend at 6 per cent on preference shares from the dates of
their respective payments to July 31,1878, after deducting
tion of bills payable, $2,509,221.
Balance, surplus

*

GENERAL BALANCE AT

1877.

CLOSE OF EACH FISCAL YEAR.
1879.
1878.

$

jA.sssts~~~“~

1880.

.

^

^

^

Materials, fuel, &c..t
Cash

on

hand

Add’ns to Cin. S. C.Ry
Profit & loss balance.

Stock,

329,178

23,056.586

Total assets

$

Liabilities—

5,929,200
(seeSuPPLEM’T). 12,508,061

Bds.
All other dues & acc’ts
Due Little Miami RR.

DueC. C..& I.C.RR..
Cin. Street Conn. bds.
Miscellaneous
Profit & loss balance.
Total liabilities.

.

291,868

37,504

23,297,655 23,062,567 23,219,144
$
$
$

2,508,000 {2,508,000
5,929,200 {5,929,200
12,497,000 12,497,000 12,497,000
721,954
956,898
726,893
784,754
889,060
888,808
888,783
891,189
184,601
184,601
184,601
184,601
262,500
262,500
262,500
262,500
53,210
65,590
64,849
70,648
97,051

2,508,000

common

Stock, preferred

2,508,000
5,929,200

r

23,056,586

23,297,655 23,062,567 23,219,144

Stocks and bonds as follows: Little Miami, $1,100 stock, $8,000
bonds; Little Miami Elevetor stock, $20,000; C. C. & I. C. bonds, $275,000; Union Depot, Columbus, stock, $20,000.
i Includes supplies March 31,1875, transferred.
{ Of which $ 186,450 common and $3,500 preferred is Steub. & Ind.
*

stock unconverted.




-

cent on preference shares for 14 months from
July 31, 1878, to September 30,1879, after deducting income

tax......

£4,938

£10,687

19,942,295 19,942,295 19,942,295
57,298
58,398
*58,399
£15,626
Total
317,855
*283,000
317,855
Such dividend to be payable on May 1,1881.
706,241
644,952
651,671
660,293
On the 31st December, 1879, the outstanding claims amounted
1,158,840
1,361,789
1,202,433
1,076,528
454,013
517,928
541,607
625,859 to $522,076. During the year 1880 the amount was reduced to
59,316
92,312
237,543
462,183
64,639
64,639
64,639
64,639 $293,282, of which a considerable portion is disputed. and in

Railroad,equipm’t,&c 19,942,295
Stocks owned, cost...
85,498
Bonds owned, cost...
317,855
Betterm’ts to l’sed r’ds
Bills& acc’ts rec’vable

income tax
Dividend of 6 per

company’s bonds, held in trust
claims, is $302,000.
in them by the resolu¬
general meeting held the 31st
May, 1880, and duly confirmed, the directors now announce the
issue of 19,340 six per cent “A” preference shares of £10 each.
suspense. The amount of the
for the purpose of meeting these
In accordance with the powers vested
tions passed at an extraordinary

Boston Water Power

Company.

March 31,1881.)
late fiscal yearstates that
referred to in the last
consummated June 10,1880, and a
deed of the same delivered by the trustees to ‘ F. W. Palfrey
and others, Trustees of Commonwealth Avenue Lands,’ for the
consideration of $267,128. A reserved lot in this tract, of about
34,000 feet, not having yet been conveyed by our trustees, on
account of a question of title, which we confidently expect will
{For the year ending

“The report of the Treasurer for the
the sale of land in the ‘ Full Basin,’
annual report, was finally

500

THE

CHRONICLE

[Vet,. XXXII.

settled, when the trustees will receive the amount
complete the entire sale, amounting to about
$73,000 additional. On the 15th of September, 1880, a sale of
land of about 30,000 feet, at the westerly end of Huntington
Avenue was made to the 4 Trustees of the Children’s Hospital,’
and the proceeds paid to our trustees, $30,000.
very scon be
necessary to

property is estimated at $3,500,000, it being a first-class steel
road, with an unusually large supply of rolling stock, and ter¬
minal facilities of great value at Evansville. This new
acquisi¬
tion will give the Chicago & Eastern Illinois a
through line from
Chicago to the Ohio River (Evansville), it having previously
acquired the Evansville Terre Haute & Chicago Railroad, and
“On the 13tli of October, 1880, the sale of 456,750 feet of land will place it in the front rank of north and south
roads. A
was completed (361,507 feet in ‘ Full Basin,’ and 95,243 feet on
bridge is to be constructed across the Ohio River at Evansville
Westland Avenue), by which the sum of $702,440 was received at once, which will provide direct connection with the
St. Louis
by the trustees, and an equivalent amount of coupons and bonds & Southeastern and all the Southern railroad system.”
received therefor.
Chicago St. Paul Minneapolis & Omaha.—Notice is given
“The cash received by our trustees from these sales has been
by
this railway company of intention to increase its capital
used by them, first in the payment of the money borrowed by
stock on the 10th of J une, 1881, in amounts and for the
pur¬
them in 1879 (and accrued interest*, to retire the underlying
poses as follows:
mortgages previously held by the * Boston Five Cents Savings 1. Ill accordance with the terms of
consolidation, $5,000 per mile of its"
Bank,’ which have thus been paid in full, and assigned to our
common stock upon the 608 miles of its railroad
acquired from the
trustees. Also for the- filling of the land sold, which has been
St. Paul & Sioux City Railroad Company
(making a total issue of
$15,00# per mile of common stock upon said system),
paid monthly to the Boston & Albany. Railroad Company, also
aggregating
30,400 shares. The same being required for additional
equipment,pur¬

the taxes for 1879 and 1880 ; and, for the betterments assessed
on the land sold, which were essential to
give the purchasers
title, the trustees have placed in trust a sum sufficient to cover
said betterments.”
*
*
*

rails, new depots, machine shops, additional side
tracks, &c., Ac.
■
2. For the purchase of the capital stock of the Menominee
Railway

“According to the agreement made with Mr. Matthews and
others, early in the year 1880, the remaining $225,000 of the
mortgage bonds were destroyed June 12, 1880. This was done

675 shares common stock.
3. For the purchase of the capital stock of the Eau Claire
pany.

in the

presence

of the
directors and trustees, thus limiting the
of the

bondeJ indebtedness

corporation to $2,148,000

as

here¬

after stated.
“The valuations of our land, in the statement of ‘assets’ have
been carefully revised, and we are confident that judicious

management will enable the corporation to realize, within the
next two years, much higher prices for every foot of it.
We
must, however, sell a limited amount very soon, and this we
think we can do at the valuation, as it is of prime importance
that our trustees have the needful means to carry forward the
purposes of their trust.”
*
*
*
“The 4 material reduction

of

our

indebtedness to the bond¬

chase of steel

’

Company.

(4*2 miles) 450 shares preferred stock.

Railway Com¬

(3 miles) 300 shares preferred slock.
450 shares

common

stock.

4. For the

purchase of the capital stoek of the Black River Railway
Company.
(16 miles) 1,600 shares preferred stock.

2,400 shares common stock.
5. For the construction and equipment of sections 5 and 6 (each 20
40 milos of its North Wisconsin branch.

miles)

(40 miles) 4,000 shares preferred stock.
6,000 shares common stock.
The roads mentioned in items 2, 3, 4 and 5 are in Wisconsin, aud are
communications and feeders of the Chicago St. Paul Minneapolis &
Omaha Railway Company.

Cincinnati Southern.—At Cincinnati, May 3, a meeting of

the stockholders of the Cincinnati Southern

Railway Company

holders,’ promised in the last report, has been accomplished, was held, and the question of increasing the capital stock of
upwards of $700,000 of coupon indebtedness to them having, the company from $2,000,000 to $5,000,000 was voted upon.
been paid; also all borrowed money with interest in full, and all There were 23,701 shares voted out of 31,850, all of which
taxes assessed on the property to the present time. Thus, were in favor of the increase.
during the year, the indebtedness of the corporation has been
Delaware State Loan.—The proposals for the new 4 per
reduced as follows:
cent loan of the State of Delaware were opened at Dover. The
Coupon and bonded indebtedness
$702,440 loan amounts to $715,000, of which $250,000 run from one to
Borrowed money .and interest in full
203,703 five years,
$300,000 from five to ten years and $165,000 from
Taxes for 1879-80, and interest and costs
08,110
ten to twenty years.
In trust against claims for betterments
The bids received were all for the entire
13,365

-Paid Boston & Albany Railroad

The assets in land
at

Company for tilling

30,174

$1,017,885

placed now at $4,498,576, and liabilities
$2,329,142, of which $2,148,000 are first mortgage bonds.
are

GENERAL INVESTMENT

NEWS

Boston Hoosac Tunnel & West.—Articles of merger and
consolidation of the Boston Hoosac Tunnel & Western Railway

amount of the loan and were at 100*50 to 103*90—the latter
Thomas A. Biddle & Co. of Philadelphia.

by

Denver & Rio Grande.—A notice is

published that, in order
complete its system and connect its roads with the mining
regions of Utah and other Western States and Territories, this
company has procured, to be organized, the Denver & Rio
Grande Western Railway Company. The extensions immediately
contemplated will, according to estimates, require $0,000,000, for
which subscriptions are offered to the stockholders of the Den¬
ver & Rio Grande Railway
Company, upon the following terms:
The subscriber will receive for each $1,000 cash, paid in instal¬
ments, $1,000 in the first mortgage six per cent gold bonds of
the Denver & Rio Grande, Western Railway Company, to be
issued to an extent not exceeding $16,000 average per mile, and
$500 in the capital stock of said Company. Stockholders of the
Denver & Rio Grande Railway Company will have the right
to subscribe till May 14 at the rate of $1,000 for each thirty
shares of Denver & Rio Grande stock standing in their names
on May 10,1881;
to

Company with other railway companies, to make a through
line from the Hoosac Tunnel to Oswego and Buffalo, have been
filed in the Secretary of State’s office at Albany. The agree¬
ment includes the Boston Hoosac Tunnel & " Western, the
Hoosac Tunnel & Saratoga, the Utica & Syracuse Air line, the
Syracuse Chenango & New York, the Syracuse Phoenix &
Oswego, and the Mohawk & Lake Erie Railroad companies.
The following is the board of directors of the consolidated
road: Wm. L. Burt, Boston; Estes Howe. Boston; William
Foster, jr., New York; E. C. Benedict, New York; Wm. R. Gar¬
Galveston Houston & Henderson.—A meeting of the bond¬
rison, New York; Chas. G. Francklyn, New York; Daniel B.
Hatch, New York; E. B. Phillips, Boston; George O. Post, Fair holders of this company was held in New York on April 26.
Haven, N. Y.; Enos Wilder, New York; W. U. Burt, Boston; Mr. Joseph Budd, Jr., was elected one of the trustees of the
Josiah Case, Vernon, N. Y.; Myron P. Bush, Buffalo. The first mortgage to fill the vacancy caused by the
resignation of John
officers are to be: President, William Burt; Treasurer, Estes J. Donaldson.
Howe; Secretary, Wm. V. Reynolds.
Indianapolis Decatur & Springfield.—The World reports
Cairo & Vincennes.—The New York World says: “There that this company propose to readjust their bonded indebted¬
appeared in this column on the authority, mistaken as is now ness as follows:—First, issue a new six per cent forty-year bond
shown,of a local Western journal, some time ago,a notice that the for the $1,800,000 seven per cent sinking fund bonds now out¬
Receiver of the Cairo & Vincennes Railroad had been authorized standing. Second, issue a second
mortgage five per cent thirtyto sell any Receiver’s certificates of indebtedness issued
by him year bond in exchange for the aggregate income coupons now
at not less than 95 cents on the dollar in payment of back taxes. due on its second mortgage bonds, said
coupons amounting to
The road referred to undoubtedly was the Cairo & St. Louis. about $900,000 on July 1 next. Third, issue
preferred stock in
The Cairo & Vincennes went out of the Receiver’s hands Aug. exchange for the present
outstanding second mortgage bonds,
24,1880, their certificates have all been settled for at par and amounting in the aggregage to $2,700,000. The fixed charges of
the company for interest and sinking fund now amount to $154,interest, and all back taxes have been paid up.”
Central Iowa.—The Times-Republican of Marshalltown, 000, while under the proposed arrangement they will be less.
says of the Central Iowa : “We are now able to state, by au¬
Minneapolis & St. Louis.—A dispatch from Minneapolis
thority, regarding the operations of this road, that the North¬ says : “ An agreement has been drawn up for the consolidation
western extension from this city will be begun at once, anc
and single management of the Minneapolis & St. Louis, the
built as far as all the force that can be placed upon it can push Minneapolis & Duluth, the Minneapolis & Iowa Southern and
it during the coming season. Work on the extension from Ham¬ the Fort Dodge & Fort Ripley railroad companies, which havfc
ilton will commence at once, and be prosecuted as
vigorously heretofore been operated as separate companies. Articles of
as possible.
Four thousand tons of rail have been purchased consolidation have been ratified by the stockholders and the
'for this line.”
officers of the consolidated company, which will be known as
Cheraw & Salisbury.—This South Carolina company has de¬ the Minneapolis & St. Louis Railway Company of Minnesota
faulted on the April interest of its bonds, and some of the bond¬ and Iowa, have been elected.”
holders urge the appointment of a Receiver.
Newcastle & Franklin.—This railroad has been bought by
Thomas
P. Simpson for $775,000.
Mr. Simpson has maae con¬
Chicago & Eastern Illinois—Evansville & Terre Haute.—
The Chicago Tribune reports: “The Chicago & Eastern Illinois tracts for the extension of the road from Buffalo to Brockton,
has secured a majority of the stock of the Evansville & Terre and from Irvington to Salamanca.
Haute Railroad. ft is understood that the amount paid was
New York City & Northern.—The New York City connec¬
$100 per share of $50 par value for a block of 9,000 shares, and tion of this road was opened for traffic Sunday, May 1. It con¬
$75 per share for 4,000 shares. The Evansville & Terre Haute sists of the bridge across the Harlem River from the northern




May 7,

THE CHRONICLE.

1881.]

terminus of the Metropolitan Elevated road at 155th Street and
Eighth Avenue, and a road thence, on the east bank of the Har¬

lem, northward to High Bridge, about one mile. Last Sunday
trains were run about every ten minutes (with elevated railroad
rolling stock), and were well patronized at a fare of five cents.

Norfolk & Western.—M. F. Pleasants, Master, submitted his
report in the U. S. Circuit Court of Virginia, Judges "Bond and
Hughes presiding, to the effect that he had received the pur¬
chase money of the Atlantic Mississippi & Ohio Railroad from
Clarence H. Clark and others, amounting to $8,505,000, certifi¬
cates of deposit for which he turned over to the Court, as fol¬
lows : Union Trust Company of New York, $5,000,000; Fidelity
Trust Company of Philadelphia, $3,200,000; Exchange National
Bank of Norfolk, $305,000. He reported also that he had
delivered a deed to the said Clarence H. Clark and others, con¬
veying to them all the property of the Atlantic Mississippi &
Ohio Railroad. The Court confirmed the report of the Master.
A decree was entered May 4 directing that 96 per cent of the
bonds due by the Atlantic Mississippi & Ohio Railroad, together
with the entire interest, be paid forthwith to holders of the
same, and that Charles L. Perkins, of New York, be appointed
Special Master to make such payment. Mr. Choate, counsel for
the English bondholders, made statements of the cost incurred
by them, and asked that they be reimbursed out of funds in the
hands of the Court. Thirty days were allowed to present the
same, and thirty days for the purchasers of the road to reply.
October 3 was fixed, in Richmond, as the time for
hearing the

petition of the labor and supply claimants.
The purchasers held a stockholders’ meeting May 3, at Norfolk,
and reorganized the company under the name of the Norfolk &
Western Railroad Company, with the following board of direc¬
tors: George F. Tyler, Clarence H. Clark, F. J. Kimball, Edward
A. Rollins, George C. Clark, Robert Minturn, C. C. Baldwin, H.
Victor Newcomb, W. B. lsham, C. D. Wood, New York; U. L.

Boyce, Boyceville, Va.; John B. Whitehead, Norfolk, Va.; J.
Petersburg, Va., and Charles W. Strahan,
Lynchburg, Va. The officers will be as follows: Geo. F. Tyler,
President; F. J. Kimball, first Vice-President; Henry Fink, sec¬
ond Vice-President and General Manager; G. R. W.
Armes,
Secretary; W. G. McDowell,Treasurer; and E. Portlock, Auditor.
Oregon Railway and Navigation Company.—The Presi¬
dent, Mr. Villaru, in a circular recently issued, says that the work
of construction, which was seriously interfered with
during the
winter months by the severe and protracted cold weather, was
re-commenced with full vigor last month. Trains are now run¬
ning through from the Dalles to Walla Walla. The line from
Walla Walla to Grange City, on Snake River, a distance of 58
miles, together with the Dayton branch (16 miles), is fully
graded and ready for the ties and iron. Contracts for the lines
north of the Snake River from Texas
Ferry, opposite to Grange
City, to Colfax and Farmington (90 miles), have been let, and
grading has been commenced. The construction of the line from
Umatilla to Baker City (about 160 miles), the
point of connec¬
tion with the Oregon branch of the Union Pacific, has also been
commenced from various points. The work upon the line from.
Portland to the Dalles ^90 miles was likewise
begun some weeks
since, and will be prosecuted night and day, so as to insure the
completion of an unbroken rail line from Portland up the
Arthur Johnson,

Columbia before the end of the year, which will enable us to
avoid forever hereafter serious embarrassments to our business
from the freezing up of the river. The effect of the

embargo

earnings is set forth in the following statement of gross
and net earnings for the months of
December, January, Febru¬
ary and March :
upon

(i7’OSS

Earnings.
$157,574
134,581

December, IS80

January. 1881..
Ecbruary, 1881.

1(50,377
306,894

March, 1881....
Total.../

The

$759,426

earnings for March

Operating
Expenses.
$143,889
134,483
141,996

Net

Earnings.
$13,684
98

18,381

150,000

156.000

$570,368

$188,163

partially estimated.
Petersburg Railroad.—A dispatch to the Baltimore San
from Richmond, Va., May 3, said that a
meeting of the second
mortgage bondholders of the Petersburg RR. was held, at
which a scheme for
preventing the foreclosure sale was adopted.
This pian was submitted by the
pool committee, who have pur¬
chased all of the outstanding indebtedness
subject to the
second mortgage. This committee have also
7,645 shares of the
capital stock. The scheme provides for the reorganization of
the road without its sale,
by the payment of all past due inter¬
est under the first, and
by funding past due interest under the
second mortgage bonds. This scheme was
unanimously ap¬
proved of by the bondholders. Application will be at once
made
are

to the United States Court for this district to
deliver pos¬
session of the road to the
company, the claims of all creditors

501

Wht (Commercial 'J’imcs.
COMMERCIAL EPITOME.
Friday Nioht, May 6, 1881.
General trade shows increased activity. The weather
has
turned rather cool again for the season, but this has not
pre¬

vented the reopening of
navigation on the Great Lakes. The
Erie Canal will be partially
opened next week, but navigation
will not be resumed along its entire
length till the 17th inst.
The great delay in the opening is attributed to the severe
frosts
of the late winter. Floods are
again threatened in the lower
„

Mississippi, and have done

some damage at St. Louis.
Crop
could be expected, all circumstances con¬
sidered. There appears to be some revival of
speculative spirit
in mercantile circles.
The following is a statement of the stocks of
leading articles
of domestic and foreign merchandise at dates
given :

accounts

are

asgood

as

1881.

1881.

May 1.
Pork
Beef
Lard

bids.
..

Tobacco, foreign

tcs. ami bbls.

bales.

...

Tobacco, domestic.
Coffee, Rio
Coffee, other
Coffee, Java, &c

bugs.
hags.

Sugar

hhds

Sugar

boxes.

Sugar

bags, Ac.

Melado

Molasses, foreign..
Molasses, domestic.

15,740

.bbls. and tcs.

6,050
101,890
11,500
1,800
62,600

Saltpetre

hags.

Jute
Jute butts
Manila liemp

In

bales
bales.
bales.

provisions there has been

23,736
36,487

32,247

41,698
27,033

76.936

148,745
72,500

62,300
133,600

138,746
87,540
6,298
612,700

37,840

6,951
876,173
366

748
757

Linseed

6,082
57.585

4,258
3,000

3.000

May 1.

20,938
2,143
21,651

294

bags.

..

1880.

1.

2,821
112,850
181,928
61,685

Tar

Rice, E. I
Rice, domestic

30,740
1,847
44,146
22,826
35,393
85,791
69,800
176,277
43,792
6,844
1,06 4,000

hlnls.
bbls.
No.
bales.
bbls
bbls.
bbls.

Hides
Cotton
Rosiu

Spirits turpentine

April

258,000
202,524
71,407
3,542

3,004

3,462
5,000
140,930
v

239,236
30,874
1,067

946

610

11,720
2.2IO
67,000

1,500

9,500
1,300

48,200

2,300

212

3,250
1,500
24.000
3.000
33.176
23.000

gradual decline, and the specu¬
The export demands have
latterly been somewhat better. Pork to-day sold on the spot at
$16 for old and $17 for fancy do.; new, $17 75@$18; extra
prime, $14 ; prime do., $16 ; May and June quoted $17 75 asked ;
July, $18; September, $18 25. Bacon has declined, and fair
sales of long clear have been reported here at 8%c. Cut meats
rate steady at7!4c* for pickled shoulders.
Lard closed easy
and dull to-day at ll*55c. for prime Western on the spot ;
May
options closed at ll'52/sc.; June, ll*52/6c.; July, 11‘52/^c.;
August, ll'52}6c.; relined to the Continent, 11‘60@11 62%c.
Beef rules quiet at $22(g)$23 25 for city extra India mess. Beef
hams, $22@$23. Tallow in fair sale at 6^@6 9-16c. Stearine,
13M@13%c. Butter and cheese have been quiet and easy. New
factory cheese, ll@12%c.; old, 10/£@13/6c. The following is a
comparative summary of aggregate exports, from November
1 to April 30:
lative movement has

Pork
Bacon

Lard
Total

lbs.
lbs.
lbs.
lbs.

a

fallen off.

1880-81.

1879-SO.

35,463,600
447,793,872
201,723,056

34,734,800

422,361,282

25.432,590

200,171,358

1,551,698

684,980,528

657,267,410 '

Inci'ease.
728,800

27,713.088

Kentucky tobacco has been quiet, and sales for the week are
only 500 hhds., of which 300 for export and 200 for home con¬
sumption, Prices, however, rule firm; lugs, 4%@5/£e., and
leaf, 6@12c. Seed leaf, though not so active as last week, has
had a pretty full movement, including a large line of Connecti¬
cut seconds, of the crop of 1880.
The transactions amount to
1,800 cases, as follows: 400 cases 1879 crop, Pennsylvania, 12®
25c.; 400 cases 1879 crop, New England, 10@20c.; 800 cases 1880
crop, Connecticut seconds, 11c.; 100 cases 1880crop, Connecticut
wrappers, 22c., and 100 cases sundries, 9@15c.; also 1,100 bales
Havana, 90c.@$1 25, duty paid.
Rio coffee has fallen to 11 %c. for fair cargoes, but closed firm
at that price, with more favorable advices from Rio de Janeiro;
mild grades have been quiet, and for the most part nominal.
Rice has sold fairly at unchanged prices. Molasses has been in
fair demand, and 50 degrees test refining closed steady at
34^c.
Tea brought steady prices at the auction sale to-day. Spices
have been only moderately active. Raw sugar has been firmly
held, and at the close there was a better demand for the lower
grades. Fair to good refining closed at 7%@7%c., while cen¬
trifugal was rather stronger at 8 5-16c. for 96 degrees. Re¬
fined closed active and firm at 9%c. for crushed aua powdered
and cut loaf, and 9^c. for granulated.

Naval stores have been firmer and more active for rosins for
having been satisfied.
export
and speculation; strained to good strained closed at
Pennsylvania Railroad.—On Monday, May 2, the directors
$1 75@$1 72%, with liberal sales. Spirits turpentine closed
decided to declare a semi-annual dividend of 4
per cent, pay¬
The following resolutions, relating
stock, were passed:

able on and after
May 28.
to the allotment of new

Resolved, That the Treasurer be and bo is hereby instructed to give
notice that the stoekholders will
have (he privilege of subscribing at
par to the stock of this
company in the proportion of 12*2 per centum of
the number of shares
registered in their names April 30, 1881, and
those entitled to a fraction of a
share can subscribe to a full share. All
subscnptious must be made and paid for in full prior to June 15, 1881,
and no
subscriptions will be received after that date. The privilege of
tailing new stock may be sold by auy
shareholder, and a blank form of
allotment will he furnished upon
application.
Tliat the officers of the
company bo and they are hereby
to issue certificates for the shares of stock subscribed aud
paid for in a jerdauco with the
foregoiHg resolution.

I11ln/'e(l




easy at 38@38^c.
Petroleum has ruled dull and easy, in sym¬
pathy with the foreign advices; refined for export, 8c.; crude
certificates steady, closing at 80^c. bid, after sales had been
made at 78%c. Wool has continued dull and easy. Hops are
dull and unchanged. Old iron rails active; sales of 20,000 tons
at $26@$27 50 for T’s, and $27 50@$28 for D H’s.
Ingot copper
firm at 18%@19c. for Lake Superior.
Ocean freight room was lower and weak for berth room. Pe¬
troleum charters were in fair call and steady. The engagements
included : Grain to Liverpool by steam quoted 1@1
flour,
12s. 6d@15s. per ton and Is. 6d. per bbl.; cotton, 3-16d ; bacoa
15s.; cheese, 20s.; grain to London by steam, 2@2^d.

CHRONICLE,

THE

502
COTTON.

The Movement of the Crop, as indicated by our telegrams
from the South to-night, is given below. For the week
this evening (May 6), the total receipts have

ending
reached 45,535
bales, against 47,729 bales last week, 60,718 bales the previous
week and 66,579 bales three weeks since; making tne total
receipts since the 1st of September, 1880, 5,396,883 bales, against
4,664,528 bales for the same period of 1879-80, showing an increase
since

.

1,210

296

Galveston

Indianola, Ac.

New Orleans/..

158

948

861

665

4,138

....

....

24

21

....

....

....

Total.

Fri.

Thurs.

Wed.

Tnes.

Mon.

Sat.

2,412

4,738

1,793

3,351

542

1,995

432

790

194

20

177

87

14,831
1,700

....

....

....

....

83

83

939

780

863

748

943

5,375

Mobile

Florida

•

.

•

•

1,102

Savannah

Brunsw’k, Ac.
Charleston
Pt. Royal, Ac.

....

....

466

....

....

....

....

588

269

731

256

651

....

....

....

....

....

1,016

1,213

1,408

....

577

724

14

6

206

....

....

107

107

616

5,554

675

675

New York

929

1,536

276

68

313

3,916

Boston

517

631

986

869

407

325

3,735

246

20

Baltimore

....

76

260

8,008 11,082

7,496

7,317

348

For

634

479

1,920

4,854

6,798

45,535

showing the week’s

comparison, we give the following table

total receipts, the total since Sept. 1,1880, and the stocks to-night
and the same items for the corresponding periods of last year.
Slock.

1879-80.

1880-81.

Receipts to
May 6.

This

Since Sep.

This

Since Sep.

Wee1:.

1, 1880.

Week.

1, 1879.

1880.

1881.

107

114,329
29,877

Norfolk

5,554

664,463

City Point, Ac.
New York

675

3,946

Boston

3,735

203,770
147,947
148,780
35,182
52,884

450,773 73.163
7,661
8,487 1,429,198 219,261
2,152 345,098 19,146
20,088
5,086
33
712,269 24,449
1,252
3,631
437,6S5 20,861
2,220
49
30,619
22
2,293
75,368
57
26,785
535,677 12,830
3,424
105
149,971
188,298 185,491
2,608
196,316 11,285
2,039
155
9,375
15,964
839
39,127 11,258

45,535 5,396,883

25,661 4,664,528 594,550

Galveston
Indianola, Ac..
New Orleans

4,138

631,432

24

14,984

14,831 1,475,093

5,375

370,551
20,348
831,236

2,961

601,219

14

49,933

206

1,700

Mobile

83

Florida
Savannah

4,855

Brunswick, Ac.
Charleston

Royal, Ac.
Wilmington
M’head City, Ac
Port

.

266

Baltimore

1,920

Philadelphia, Ac.
Total

25,281

2,268

184,659

26,424
11,897
15,835
......

....

2,081
13,858

225,873
12,087
9,260
14,042

1878.

1879.

1880.

1881.

2,131
C,24S
1,838
2,395
588

2,001

517

7,337

8,470
1,162

Mobile

1,700

Savannah....

5,375

Charl’st’n, Ac

2,975

2,220

Wilm’gt’n, Ac
Norfolk, Ac..

313

79

401

792

308

6,229

3,529

9,950

5,674

3,031
5,686

2,406

All others...

3,056
2,374

1.128

45,535

25,661

19,031

24,252

17,309

26,441

14,831

^

Tot this w’k.

1,519
2,301
1,585

613

2,705

3856,939 3967,779
1. 5396,883 4664,523 4336,038 4138,055
Galveston includes Indianola; Charleston includes Port Royal, Ac.;
Wilmington includes Morehead City, &c.; Norfolk includes City Point. Ac.
The exports for the week ending this
a
of 52,796 bales, of which 29,198 were to Great
to
France and 16,461 to rest of the Continent, while the stocks as
Since Sept.

evening reach total
Britain, 7,137

this evening are now 594,550 bales. Below are
lor the week and since September, 1, 1880.

made up
exports

Week Ending May 6.

Exported to—

Exports
Great

France

Brit'iv

Galveston
New Orleans..

2,331

Mobile

1,771

Charleston *...

9,820

•

•

•

•

2,251
3,961

......

Total

Great

nent.

Week.

Britain.

2,290
7,879

6,872

21,680
1,771

......

•

.......

New York

8,249

Baltimore

2,555
1,972
2,500

Philadelp’a,Ac

the

Sept. 1. 1SS0, to May 6, 1881.
Exported to—

Conti¬

......

2,455

2,455

Wilmington...
Norfolk

.

925

3,275

12,449
2.555

562

2,534
2,500

France

268,192 46,585
767,347 288,982

Conti¬
nent.

Total.

93,340

75,743

22,767

304,675 1,361,004
7,419 105,929

194,934
192.983

37,866
60,299

259,473
204,452

1,444
57,146
298,959
2,850
323,714 32,386
87,401
90,828
49,855

11,222

•

•

•

•

•

4,147
84,823
1

21,720
102

492,273
457,734
69,812
305,956
440,423
87,402
112,548
49,957

29,193

7,137

16,461

52,796 2,407,102 493,179

990,874 3,891,156

Total 1879-80

61,296 10,819

18,155

90,270 2,168,304 337,798

702,461 3,268,608




300
None.

52,580

14,929

irvsi

P9Yt £9

1,794

Stock.

Total.

21,535

156

None.

1,700

47,465
8,200

4,665
3,700
4,855
3,859

350

7.595

2.500

7,200

873
None.

28,083

45,090
176,410

2,500

1.500

*9,084
10,000

41,114

7,079

117,627

476,923

171,790
10,940
13,260
17,249

42,170

1,925 bales at presses for foreign
destination of which we cannot learn.

animation during the

4

Sat,

Ordin'y.^Mb

7116

7

615iC

75x6

Strict Ord..
Good Ord..
Str. G’dOrd

7nirt

7k

7916

834

SHifl

85s

8116
Ska

9^4

9k

9®i.i

Low Midd'g
Sti.L’w Mid

91&1«

9^X6
978

Midd’g Fair

13

Fair

91316 10516

12k
Frl.

Th.

615lft
79l6

613x0
79x6

7k
8
9
9k
10k

73i0
8*16

7k

715i«

81&X6

91,6

97x«

99x«

9
9k
10k

73i6

61516
79le

12k
13k

127x6

103x6 105|a

Wed

Th.

13316

73i6

97lfl

103lb

IOH16 10k
1078
101315

like Ilk

linie 11k
12716 12k
13316 13k

12k
13 k

12 k
13 k

7316
715x6:
8l&x*

8

1011x6 105q 10k
10516 10k
109x6 1015x0 10k 101316 lOllie
ilk
like Ilk Ilk
ilk
Ilk
ilk
Ilk
linie Ilk

121516 12k

Wed

Ordin’y.$n>

Mon. Tnes

Sat.

Mon Tnes

f

103a

Good Mid..
Str. G’d Mid

Sat.

Mon Tnes

lOllie 1058
H31«
Ilk
Ilk
like
123i 0
12k

Middling...

TEXAS.

NEW ORLEANS.

UPLANDS.

April 30 to
May 6.

Fri.

Wed

Th.

Fri*

73i6

73ie

7310

73,6

71°16 71^16 715x6 715x6 715x0
8k
81516 81616 81°,6 81°16 81°16 815x0
8k
8k
97 i6
97i6
9716
9710
9k
9k
9716
97X6
9k
103x6
91316 1013x6 91316 10316 103i6 lO3i0 103x6 103x0 10k
10k
10k
10k
10k
10o16 106x6 10516 10k
1013x6
Middling... 10916 10916 10916 101316 101316 1013x0 1013x0 101316
Ilk
Ilk
Ilk

Strict Ord..
Good Ord..
Str. G’d Ord
Low Midd’g
Str. L’wMid

Good Mid.. Ilk
Str. G’d Mid Ilk
Midd'g Fair 12k
12 7q
Fair

ilk
Ilk
12k

ilk
ilk
12k

1278

1278

Good Ordinary
Strict Good Ordinary
Low Middling

71*16

ilk

11k
12k
13 k
Sat.

STAINED.

..?* lb.

m m m m m m .......

Middling...

_

6k
7k

ilk
ilk
12k
13k

Ilk
Ilk
12k
13k

Ilk

Ilk
12k

12k
13 k

13k

Mon Tnes Wed

Gk
7k
8k
9u16

69x6
79x6

8k

87x6

913x0

9k

ilk
12k
13k

Th.

Fri.

6k

6k
7k
8k

7k
8k

6k
7k
8%

91

91116

911x6

lie

MARKET AND SALES.

408,117

Total

'xuduuw

3,000
6,000

*

-from—

Savannah

From

None.

Foreign

Coast¬
wise.

speculation in cotton for future delivery has shown rather
week under review; that is, business
has been larger. During Saturday and Monday prices were
greatly depressed. Foreign advices were very discouraging.
The weather at the South was good, and the waters in Ihe
Mississippi had receded. Tuesday opened at a further decline,
when the lowest figures of the season were reached. Then therecame a demand to cover contracts, causing not only the recovery
of the early decline, but finally some advance for the next crop.
On Wednesday, Liverpool advices were better, and our market
opened higher, but soon fell off and closed lower, the next crop
being the most depressed. Yesterday there was again a buoyant
market, Liverpool making an unexpectedly favorable report, but,
as on Wednesday, the market weakened as the day advanced,
showing that the bull party had little strength. During Wednes¬
day and Thursday reports from the rivers indicated increased
danger of an overflow. To-day there was again a slight im¬
provement at the opening, which was lost, and the close was
slightly easier, but without much change. Cotton on the spot de¬
clined 1-16c. on Saturday and again on Tuesday. - There was,
at the decline rather more doing on Wednesday and Thursday.
To-day the market was more active for both export and con¬
sumption, and the market closed firm at 10 9-16c. for middling
uplands.
The total sales for forward delivery for the week are 405,000
bales. For immediate delivery the total sales foot up this week
5,917 bales, including 3,312 for export, 2,455 for consumption,
150 for speculation, and
in transit. Of the above, 150 baleswere to arrive.
The following are the official quotations and
sales for ?ach day of the past week.

3,941

9,604
1,558
2,162
1,955
1,107
2,644
3,470

New Orleans.

4,162

-

1,000
20,561

-

The

more

1876.

2,268
8,487
2,152
1,252

Galvest’n,Ac.

9,771
2,000
1,064

Other

Included in this amount there (ire

ports the

made with other years, we
give below the totals at leading ports for six seasons.
Receipts at—

France.

1,516

i541,347

1877.

Shipboard, not cleared—for

16,003
4,500

Total.....

comparison may be

In order that

Great
Britain.

Other ports

*

by Messrs. Carey, Yale &
Leaving•

6, AT—

New Orleans....
Mobile
Charleston
Savannah
Galveston
New York

266

....

....

123

Philadelp’a, Ac.
Totals this week

....

....

....

May

2,961

824

City Point, Ac.

On

....

14

42

....

....

....

....

34

22

21

81

Wilmington ....
Moreh’d C.,&c
Norfolk

prepared for our special use
Lambert, 60 Beaver Street.

are

bales.

September 1, 1880, of 732,355

Receipts at—

In addition to above exports, our telegrams to-night also give¬
the following amounts of cotton on shipboard, not cleared, at
the ports named. We add similar figures for New York, which
ns

1881.

Friday. P. M., May 6,

[Yol. XXXII.

SALES OF SPOT AND
SPOT

MARKET

CLOSED.

Sat.. Dull and easy...
Mon .'
Tnes.

Wed

.

Thurs
Fri.
.

Total

Quiet at lie dec.
Quiet at ke dec.
Steady
Quiet and firm..
Easy
....

........—j-.

The daily

Ex¬

port.

ConSpet- Tran¬ Total.
sump. ul'Vn sit.

234
307

912

ioo

3,312

2,455

150

276
406

320

....

*50

Deliv¬
eries:

58,500

200

684 63,700
656 103.700

3*0*6

77,900
52,800
48,400

300
300
200

5,917 405,000

1,300

1,076
901

1,912
....

rURES.

Sales.

688

454
377
380
620
581
900

deliveries given above are actually
which they are reported.

vious to that on

Fo

TRANSIT.

■

delivered the day pre

will be found the
and

comprehensive table. In this statement

ing

daily market, the prices of sales for each month each day,
the closing bids, in addition to the daily and total sales:
3

0^*2.

Hh

O

o

22

tr I—

>—• ►—*

no o
X *

S

O'TjOS®
^

5 30

®

Z*

S'
^ ®
B

s°.

sr

33

C‘® 30 Si
"

3D *

*m?2
: -g.g»
:

SB

02

®
CPQ,^
® M »

M*

(-*•

p

o'

& — X.

•

P

Vj

&l*|*

M

as

!K5

1|s

Mg

p

££■5
'

p

fO

^ ® i.

®

@ ■*W»

P
O

i

■

,

.

/T

^

M

coi

©

®

^

Ocs
02 :

^ i-tl®
Oo.4

q)qc'-2

P

<jO

05?

o

CO

oo

©©

CO

QO

©

oc

CO

CO

CO

99

coco

coco
M M

coco

mco
oco

mm

44

OO0.

oo

’

a a

2,885

3,396
1,921
9,360
3,058
1,757
1,823

693

Total,old ports..

6,806

13,137 103,616
191

1,348

520
563

2,910
600

8,759
4,731

36,132
11,299

1,483
2,247

6,872
2,856

9,309
3,617
1,111
49,896
7,258

13,921

19,996

81,857

5,042

12,286

83,042

20,727

30,989 193,949

7,927

25,423 186,658

319
81
754

8hreveport, La..
Vicksburg, Miss.
Columbus, Miss..

240
825

1,898
1,494

1,218

574
281
111

149
50
92
501
321
463

Eufaula, Ala....
Griffin, Ga
Atlanta, Ga
Rome, Gax
rharlotte, N. C*.
St. Louis, Mo

«

421

12,811
7,842
1,887
5,506
1,996
63,813
9,761

74
60
405
377
17
30
7
115
65
162

Dallas, Texas.
Jefferson, Tex...

2. a u
a s 5
«>«2 a

VI OnSO

10,993 112,092

802

i
3
®o
® O o» ®

2,065

4,834

a

gl«e

i—t

9,414

219

376

3,957

..

1

020’

C5®

||3:

1,783

10,018
5,669
5,508

Memphis, Term..
Nashville, Tenn.

Sb

9

jp

905*

r1

i

:

b 1
or;

<-

QO

■

S

to

i-l •

CO

S'r

4,747
59,789
10,374

450
504
5
335
364

15,987

1,008
1,852

Stock.

Receipts. Shipm*ts

1,809

64
445
288

Selma, Ala

*•

Stock.

ending May 7, ’80

444
138
42
172
87

988
262

Montgom’ry,Ala.

Week

ending May 6, '81.

Receipts. Shipm'ts
Augusta, Ga
Columbus, Ga...
Mac#n, Ga

I
*1

®

Mob
® cn B' £><o<ih
g ®Op
&©Pg VI
M3C

^ ?®^

S’®
B

•

9

©

c ©

?2g|

S'

®

® ®

«.
et>

^mqcoj

30
S*

alS-P

B

qioo-S"

p

®

B*<t> ® P
B ® * V4

.

s:

*

.

»

P •

-S

l_j

OCm^

g

►—

QD C3

vj

<5 •

<-

O S.

P

^

®:
.T5

~

®

B »-

§• ?

CO CD

5

® o ®
—ft) m

g

Ohjcosf

O 22

22

Week

Futures are shown by the follow¬

The Sales and Prices of

5031

CHRONICLE.

THE

1881.]

Mat 7,

5,309
4,664

Cincinnati, O....

m

*

m

m

332

9,269

m

60

200

1,391

5,779

390
60
57
13
47
108
238

891
442

2,254
937

M M

COM

C2 02

I ©p

I ©rf*

I ©*J1

I ©.M

M^l
OOo
M

MQO

MM©

coo

OOo

coco°
MDi

co 4o
O'M

<JCH

CO

CO

oo

44

44

COM

(f*(^

M

■

9o

I1

4o

co

po

Total,

I

I ©w

Igs

M M 02

I1

M

O' Vi

02

CO

*

QD

CO
CD

GO

c

c

5

o

MM

M M

CO

c©

c©

OIM
tc©

O' tit
cow

oi Ol

ci'M

Old'

tOtO_i

©00,o

© © M

<©<©
OiM-M

1 ©p

1 ©®

1 ©w

1 ©9

M CO

<1

1 ©00

MMO

M M ^5

M

OCo
O' V’ ®

o©o
OT©®

c©o
o"'©®

CO •‘I

M ©

ccto

©

©

©

5

©

s

I1

C5®

©

M M

M M

M M

MM

©©

o©

©©

6xdx

c ©

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<©o«

C©M

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to

i ©f**

1 ©<I

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1 ©®
M M

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<©<©
03 03

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1 ©p

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QC ©

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CD
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©©?

©

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© 'D

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C M

1 ©P

1 ©r1

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©©©

CD©o

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©CD®

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© ©

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66®

C -1

O'03

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©©

9

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©

I

1

oc
M-4

1 ©

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—

Oj

©

©

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-

©

©

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,

:

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•

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©CD
00©

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3

99

w

mm

s

to

to to

?

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to -1
M M* M

©C©
co©

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1 ©

1 ©:

1 ©)

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&

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er ©

1 ©

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|

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8,730

1,750
8,750

12.500
7.500
24,750

359,292

191,710

291.750

428,500

1,,407,192

946.510

936,500 1,334,750

India cotton afloat for Europe.

255,000

324,000

253.000

206,000

afloat for Eur’pe

459,000
44,000
594.550
112,092

388.000

383.000

37.000
540.877
103,616

13,000
335.295

449,000
21.000
386.987

45.222

41,339

4,200

20,000

5,000

12,000

Total continental

porta....

Amer’n cotton

atocka..

..

Egypt, Brazil, <fco.,aflt for E’r’pe

Stock in United Statea porta
Stock in U. 8. interior porta...
United St*tea exporta to-day..
..

Total visible supply
2 ,876,034 2,360,003 ]1,971,017 2.451.076
Of tlie anove. fcbe totals of American and other description* are as follows:
American—

767,000
270,000

Liverpool stock
Continental stocks
American afloat for

459,000
594.550

Europe....

United States stock

Total American

1

1 ©:

h-4

03
O

I ©:

1 ©

: 1 :

9

8

©

1 1

II:

|
•

M

1

®

1 i

®

i 1

:

114,000

218,000

...

1 ©:

1

! 1 ;

1 !

:

! ©:

1 ©:

1 ©:

1 1

1 1 :

1 1

:

233,000
47,900
89.292

1 1

a

§

§
a

ci
>

:

Includes sales iu September for September, 621.400; Sept.-Oct. for
Oct,946,500; Sept,-Nov*, for November, 762,100; Sept-Dec. for Decem¬
ber, 1,464,500; Sept.-Jan. for .ramiir.v, 2,58^,900; Sept.-Feb. for Febnwiry 2,372,700; Sept.-March for March, 3,46u,l00.
10’50: Monday, 10*40; Tuesday,
Transferable Orders—Saturday,
10-45; Wednesday,10-40; Thursday, 10 35 ; Friday, 10 35.
*

Short Notices for

10-40, 10-41

;

May—Saturday, 10-48; Monday,

exchanges have been made

*02 ptf. to exch. 700 May s.n. forreg.
*16 p l. to exch. 200 June for Aug.r
*15 pd. to exch. 700 June tor Aug.
•16 pd. to exch. 100 May for July
•07 pd. to exch. 100 July for Aug.

At the Interior Ports the
and shipments for the week,

•08
•53
•69
11
•09

pd.
pd.
pd.
pd.
pd.




during the week:

400 June for July
500 Dec. for June.
1,000 Dec. for Aug.
500 Nov. for Oct.
to exch. 800 June for July.

to exch.
to exch.
to exch.
to exch.

movement—that, is the receipts

and stocks to-night, and for the
in detail in the following

corresponding week of 1880—is set out
statement:

10 45; Thursday,

Friday, 10 30.

The following

218,000
35,800

45,750

10,250

46,710

40,750

51,500

-

324,000

253.000

206,000

44,000

37,000

13,000

21,000

669.192

661,510

46L500

506,750

<■»-

1 ©:

i

5,000

2

1 1

1 1

1 1

1 1

1 1

386.987

1,944,320

..

Total East India, &o
Total American

©

1 i
;

:

i

377,000
449,000

2,206,842 1,698,493 1,504,517

«>

1 ©

1 ©:

678,000

485,000
251,000
384.000
335.295

41,339
12,000

4,200

...

to

©

501,000
145,000
388.000
540.877
103,616
20,000

4.5,222

112,092

United States interior stocks..
United States exports to-day..

...

to

©

5.750

40,000

820

w

9
to

|

1

3.000
36.200
20.500

239,500

48,000

-

1

7.500
43,000

2.350
36.500

4.750

M

h-»

3,000
25,750

81,500

41,750

03

03

GOG,250

10,250

East Indian,Brazil, dtc.—

<1

'

64 4,750
158.500
3.250
44 250

35,800

2,110

9 1 ®

9 1 :
o 1 •

1878.

896,000

■<y

h- i—

ob'jo

1879.

599,000
45,750

754,300

Total European

<3
«>

to©

47,000

1880.

719.000

Total Great Britain stock 1 ,047,900
212.000
Stock at Havre
4,200
Stock at Marseilles
32,000
Stock at Barcelona
7.000
Stock at Hamburg
46,000
Stock at Bremen
45.100
S ock at Amsterdam
J ,770
Stock at Rotterdam
622
Stock at Antwerp
10,600
Stock at other conti’ntal porta.

M M V«

©6®

®

2

cy

©M

Cfj ©
©10

4

©o©
M M V''

©

1

fey

fel

1

1881.

baies.l ,000,000

Stock at Liverpool
Stock at London

Q
•

>5
b

1 ^®

CO®

M<1

g

'S

&

to©

1 ©^

©
©

i

tOM

1 ©W

no

M

©©©

e

&5

mVj
9®

M M W

mm,o

The Visible 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 and the afloat
for the Continent are this week’s returns, and consequently
brought down to Thursday evening; hence, to make the totals the
complete figures for to-night .(May 6), we add the item of exports
from the United States, including in it the exports of Friday only:

ki

m

MMto

© ©©

r-

M

92
03°

03

9®

11

Oi®

©©

CO

be

©o

1
■

5*

'S

M t—*

»-»

r-

CO
o
©

M
©

M

CO

>—■

M«0
O £_>

00

M^i

c©

1 ©<»

03

02

OU-l

©©

CO Si H

to
K>

O'W

‘IX

M M

M

to

C!110

44®

last year.

99°
cir di ®

*i 9®
diO

OOo

OO

to

.

990
46«®

M M

K)

o
o

4’j'O
c©

u»

bi

990

&

I ©9
MM 10

MJC-

h-» M-L

M-

M

I ©02
MMm

44®

Oiw
02 01

|_|

I ©o

I ©®

M >—•

1 ©O

or

00 QO

year’s figures estimated.

The above totals show that the old interior stocks have de¬
creased during the week 4,187 bales, and are to-night 8,476
bales more than at the same period last year. The receipts at
the same towns have been 3,921 bales more than the same week

99

44

‘IOm

m

MM©

©1-4

mm©
OOo
M-l

m m

o

I

I ©^

44

This

®

M M

w

ports

Total; all

OOo

oo

99
44

new

Price

...

...2,206,842 1,698.493 1,504,517

...2.876,034 2,360,003 1,971,017
678d.
678d
578d.
Mid. Upl., Liverpool....
57ad.
678d
678d.

578d.

The above figures indicate an increase in the cotton in sight
to-night of 516,031 bales as compared with the same date of 1880,
an increase of 905,017 bales as compared with 1879 and an in¬
crease of 424,958 bales as compared with 1878.
In the preceding visible supply table we have heretofore only
deluded the interior stocks at the seven original interior towns.
As we did not have the record of the new interior towns for the
four years, we could not make a comparison in any other way.
That difficulty no longer exists, and we therefore make the fol¬
lowing comparison, which includes the stocks at the nineteen
towns given weekly in our table of interior stocks instead of only
the ola seven towns. We shall continue this double statement for
a time, but finally shall simply substitute the nineteen towns for
the seven towns in the preceding table.
American—

Liverpool stock
bales
Continental stocks
American aflCiat to Europe....
United States stock
United States interior stocks..
United States exports to-day..

Total American

1881.

1880.

1879.

1878..

767.000
270,000

501,000

485,000
251,000
383,000
335,295
71,546
5,000

678,000

459,000
594.550

193.949
4,200

145,000
388.000
540,-77
186,658
20.000

...2,288,699 1,781,535 l,o30,841

377,000
449,000
386,987

65,770
12,000

1,968,757

THE CHRONICLE.

504
East Indian, Brazil, dc.—
..bales.
Liverpool stock

London stock
Continental stocks
India afloat for Europe

Egypt, Brazil, Ac., afloat
Total East India, &o
Total American

1881.
233,000

1880.
218,000

1879.
114,000

1878.
218,000

35,800
46,710

255,000
44,000

324,000
37,000

253,000
13,000

206,000
21,000

669,192

661,510

466,500

506.750

47,900

*

45,750
40,750

10,250
51,500

89,292

2,288,699 1,781,535 1,530,841 1,968,757

2,957,891 2,443,045 1,997,311 2,475,507

Total visible supply

ffgTThe imports into Continental ports this week have been
98,800 bales.
These figures indicate an increase in the cotton in sight to*
night of 514,846 bales as compared with the same date of 1880, an
increase of 960,550 bales as compared with the corresponding date
of 1879 and an increase of 482,384 bales as compared with 1878.
Receipts from the Plantations.—The following table is

prepared for the

purpose

of indicating the actual movement each

plantations. Receipts at the outports are some¬
times misleading, as they are made up more largely one year
than another, at the expense of the interior stocks. We reach,
therefore, a safer conclusion through a comparative statement
like the following. In reply to frequent inquiries we will add
that these figures, of course, do not include overland receipts or
Southern consumption; they are simply a statement of the
weekly movement from the plantations of that part of the crop
which finally reaches the market through the out-ports.
week from the

RECEIPTS FROM PLANTATIONS.

Week

ending—
Feb

25

Mar.

4
11

"

18

“

25

April 1
“

8

«

15

“

22

•*

Mar

29
«

1881.

1879.

1880.

1881.

1879.

1880.

134,328 115,307 146,539 182,246 327,084 278,768 125,809
110,047 102,995 138,359 170.438 316.972 284,155 93,239
83,268 78,451 133,931 165.619 303,279 288,546 78,447

18

*

1880.

78,490
60,202

....

64,368

49,611
53,419
54,283 47,393
44,851 37,323
40,187 83,910
36,183 36,714
22,283 -80,858
19,031 25,126
60.698

past week, the rainfall reaching eighty-one hundredths of

inch.
Little Rock, Arkansas.—It has been

an

mostly cloudy the past
week, there being but two clear days. It rained on two days,
the rainfall reaching eighty-three hundredths of an inch. The
thermometer has ranged from 59 to 83, averaging 71. During
the month of April it rained on nine days ana the rainfall
reached one inch and forty-eight hundredths. The thermometer
averaged 62, the highest being 80 and the lowest 23.
Nashville, Tennessee.—It has rained cn six days the past
week, the rainfall reaching one inch and forty-eight, hundredths.
Farm work is very much behind. Average thermometer 69*
highest 88 and lowest 54.
Memphis, Tennessee.—Telegram not received.
Mobile, Alabama.—The weather has been warm and dry all
the past week. We have secured a good stand of cotton, ana the
crop is developing promisingly. The thermometer has ranged
from 65 to 90, averaging 77. During the month of April the
rainfall reached nine inches and twenty-one hundredths.
Montgomery, Alabama.—It has been showery on three days
the past week, the rainfall reaching thirty-eight hundredths of
an

inch.

The weather is fine and crops are

isingly.
89.

developing

prom¬

The thermometer has averaged 75, ranging from 61 to
Rainfall for the month of April tour inches, and fifty-two

hundredths.

Selma, Alabama.—We have had rain on one day, and the
been pleasant.
The rainfall
reached thirty-five hundredths of an inch. We have secured a
good stand of cotton. Average thermometer 77, highest 94 and

balance of the past week has
lowest 62.

Receipts at the Ports. Stock at Interior Ports Rec'pts from PlanVns.
1879.

the

[ Vol. XXXII.

96,416
92,883
64,758
140,126 159,418 289,998 285,017 72,289 51,085
108,200 141,612 291,047 287,314 42,396 40,662
93.690 131,463 266,120 277,992 50,549 38,492
78,514 116,879 259,223 266,5*9 39,699 40,496
85,696 107,005 252.495 249,879 34,977 30,595
66.579 91,986 238,558 237,401 25,143 24,971
60,718 87,294 220,936 218,860 31,511 19,094
47,729 78,962 204,154 204,211 13,951 14,076
7.630
45.535 71.54C 186.658 193,949 11,615

1881.

145,784
143,746

138,322
136,597
110.497

84,368
67,101
68,996
54,101
42,177

33,099
35,278

The above statement shows—
1. That the total receipts from

Madison, Florida.—Telegram not received.
Macon, Georgia.—Telegram not received.
Columbus, Georgia.— We have had no rain the past week.
The thermometer has ranged from 60 to 90, averaging 77.
Savannah, Georgia.—It has been pleasant all of the past
week. The thermometer has ranged from 63 to 86, averaging 72.
Augusta, Georgia.—The weather has been warm and dry the
past week. We had a shower on one day, the rainfall reaching
twenty-six hundredths of an inch. Planting is making good
progress. Cotton above ground is doing well, but late crop as
yet lias failed to come up; want of rain is rendering prospects
somewhat unfavorable. Average thermometer 72, highest 89
and lowest 60. Rainfall for the month of April four inches and

seventy-one hundredths.
Charleston, South Carolina.—We have had no rain the past
we ik.
Average thermometer 69, highest 81 and lowest 59.

the plantations since Sept. 1 in
The
statement we have also received by telegraph,
bales; in 1879-80 were 4,843,350 bales; in showingfollowing
the height of the rivers at the points named at 3 o’clock
1878-79 were 4,401,932 bales.
May 5,1881, ana May 6,1880.
2. That, although the receipts at the out-ports the past week
May 5, *81.
May 6/80.
Feet. Inch.
Feet. Inch.
were 45,535 bales, the actual movement from
plantations was New Orleans
Below high-water mark..
2
8
17
only 35,273 bales, the balance being taken from tne stocks at the Memphis...
Above low-water mark... 33
7
.28
9
Interior ports. Last year the receipts from the plantations for Nashville
Above low-water,mark... 12
5
11
0
the same week were 7,630 bales and for 1879 they were 11,615 Shreveport
Above low-water mark... 10
8
7
14
1880-81 were 5,557,861

hales.

Vicksburg

the past week. Indications are favorable. The thermometer
has ranged from 68 to 83, averaging 73. Rainfall for the month
of April three inches and twenty-nine hundredths.

The New York Cotton Exchange Under the New Rule.—
The New Orleans Democrat calls attention to the fact that the
sales at the Cotton Exchange in New Orleans on Monday, May 2,

Above low-water mark...

41

5

40

7

New Orleans

reported below high-water mark of 1871 until
Weather Reports by Telegraph.—Our telegrams this evening
Sept.
9,1874,
when
the zero of gauge was changed to high-water
show a continuance of favorable weather at almost all points in mark of
April
15
and
16,1874, which is 6-lOths of a foot above
the South during the past week, and that in general the crop is
1871, or 16 feet above low-water mark at that point.
making good progress.
Overland Movement, &c.—In our editorial columns to-day
Galveston, Texas.—The weather has been warm and dry all
the past week. Crop accounts are generally good. The ther¬ will
be found our cotton review for April, containing the over¬
mometer has averaged 74, ranging from 69 to 81. During the
month of April the rainfall reached four inches and sixty-nine land movement, receipts, exports, spinnners’ takings, &c., to
hundredths.
May 1st.
Indianola, Texas.—We have had warm and dry weather all

Corsicana, Texas.—We have had light showers on four

days
for future delivery were 68,600 bales, being 4,600 in excess of
past week, the rainfall reaching thirty-seven hundredths of
an inch.
Planting is about completed in this neighborhood. the sales reported same day by the New York Exchange.
Average thermometer 74, highest 89 and lowest 63. Rainfall for Naturally enough the fact excites considerable comment in cot¬
the month of April three inches and eighty hundredths.
ton circles.
We would not think of -asserting that the cause of
Dallas, Texas.—We have had fine showers on three days the
excess in future business at New Orleans over New York is
the
ast week, with a rainfall of three inches and seventy-five hunredths. Planting is about completed in this neighborhood, and due to the rule of the New York Cotton Exchange, which went
prospects are favorable. Average thermometer 74, highest 89 into effect the same day, prohibiting rebates to agents from
and lowest 63. For the month of April the rainfall reached
regular commissions. And yet it is a little remarkable that we
three inches and twenty-five hundredths.
Brenham, Texas.—-It has rained on two days the past week, have not seen any quotation this week for seats in the New
the rainfall reaching one inch. Young crops are doing wrell. York Cotton Exchange.
The thermometer has ranged from 65 to 85, averaging 74.
India Cotton Supply.—The latest advices report that the
During the month of April the rainfall reached two inches and India cotton supply this year is
likely to fall short of 1880,
Seventy-five hundredths.
instead of being in excess of it, as heretofore indicated. Messrs.
Waco, Texas.—We have had fine showers on two days the
Wallace & Co., under date of March 31st, state that accounts
redths. Farm work is progressing favorably and planting is from Broach
point to the crop turning out very poorly—not
bout completed in this neighborhood. The thermometer has
averaged 74, ranging from 63 to 88. Rainfall for the month of larger than the small crop of 1878. And further, that declin¬
ing prices are likely to keep back supplies of all growths. The
April two inches and fifty hundredths.
New Orleans, Louisiana—It has rained on one day the past Bombay Prices Current of the same date, after citing the
week, the rainfall reaching twelve hundredths of an inch. same fact, says: “ It seems very evident that the. exports of
Average thermometer 76.
the season will be disappointingly small.” It is to be noted,
Shreveport, Louisiana.—The weather during the past week
frail been fair and dry, the rainfall reaching thirty-five hun¬ however, that, notwithstanding these reports, the receipts at
dredths of an inch. The roads are in a fair condition. The Bombay, according to our cable advices, are up to this time
thermometer has ranged from 65 to 91, averaging 78.
still a little in excess of last year. The Calcutta, &c., movement
Vicksburg, Mississippi.—The weather has been warm and
dry the past week; we nave had rain, but not enough to do promises, on account of the lower prices, also to be somewhat
smaller, though the crop on that coast is claimed to be larger
much good.
Columbus, Mississippi.—We have had showers on four days than last year.
the

*

Sast week, the rainfall reaching one inch and seventy-five hun-




“

May

THE

7, 1881.]

CHRONICLE.

505

Jute Butts, Bagging, Etc.—Bagging lias been in good
India Cotton Movement from all Ports.—The
figures which
demand during the week, and some fair-sized orders have been are now collected for us, and forwarded by cable each
Friday, of
filled. There has not been any change in prices, which con¬ the shipments from Calcutta, Madras, Tuticorin,
Carwar, &c.,
tinue to be steadily held. There have been sales of about enable us, in connection with our
previouslv-received report from
5,000 rolls various kinds, and holders are now quoting 9 %c. for Bombay, to furnish our readers with a full and complete India
1% lbs., 10c. for 2 lbs. and 10%@ilc. for standard quality. movement for each week. We first give the Bombay statement
Butts are not very active, but there is a steady demand which for the week and year, bringing the figures down to
May 5.
keeps stock from increasing to any extent. The transactions
BOMBAY RECEIPTS AND SHIPMENTS FOR FOUR YEARS.
for the month of April reached 12,000 bales, both on spot and
to arrive, while for the week the sales will reach about 2,500
Shipments this week.
Shipments since Jan. 1.
Receipts.
bales. The stock here and in Boston is 62,100 bales, and on the Year Great Conti¬
Great
Conti¬
This
Since
Total. Britain
Total.
BriVn. nent
way but not arrived, 69,746 bales, which give a supply of
nent.
Week.
Jan. 1.
141,846 bales.
Comparative Port Receipts

and

Daily

Crop

Movement.—

comparison of the port movement by weeks is not accurate,
as the weeks in different year3 do not end on the same day of the
month. We have consequently added to our other standing
tables a daily and monthly statement, that the reader may
constantly have before him the data for seeing the exact relative
A

movement for the years named. The movement each month
since September 1 has been as follows:

1881
1880
1879
1878

20,000 36,000 56,000 159,000 303.000
56,000 33,000 89,000 225.000 262.000
11,000 31,000 42.000 125,000 194.000
12,000 8,000 20,000 206,000 272,000

462,000 59,000
4S7.000 55,000
319,000 5-1,000

693,000
680,000

493,000
601,000

478,000 29,000

According to the foregoing, Bombay appears to show an
compared with last year in the week’s receipts of 4,000
bales, and a decrease in shipments of 3.3,000 bales, and the
shipments since January 1 show a decrease of 25,000 bales.
The movement at Calcutta, Madras, Tuticorin, Carwar, &c., has
increase

been

follows.

as

CALCUTTA. MADRAS, TUTICORIN, CARWAR. RANGOON AND KURRACHBR.

Year

Monthly
Receipts.

1880.

Sept’mb’r

458,478
968,318

October..
Novemb’r 1,006,501
Deoemb’r 1,020,802

January

.

February.
Marob...

April....

571,701
572,728

476,582
284,216

1879.

333,643
888,492
942,272
956,464
647,140
447,918
264,913
158,025

Beginning September 1.
1878.

288,848
689,261
779,237

893,664
618,727
566,824
303,955
167,459

1877.

98,491
578,533
822,493
900,119

689,610
472,054
340,525
197,965

Shipments this week.

1876.

236,868
675,260
901,392
787,769
500,630
449,686
182,937,
100,194

169,077
610,316
740,116
821,177
637,067
479,801
300,128
163,593

Total year 5,359,356 4,638,867 1,307,978 4,099,790 3,834,786 3,921,275

Perc’tage of tot. port
receipts April 30..

92*74

96-86

94 34

Year.

1875.

1881
1880
1879
1878

1878.

1877.

1876.

Tot.Mr.31 5,075,110 4,480,842 4,140,519 3,901,825 3,734,592
3,757,632
15,51(5
8.
5,922
9,393
15,764
8,735
44
2....
10,903
8,298
8.
5,570
9,934
5,311
“

3....

8.

4....

23,210
13,035

44

5....

“

6....

44

7....

44

8....

44

9,980
13,656

6,524
8.

8,237
6,339
6,243
5,264

9....

14,912
9,678

4,717

10....
4411....
44
12....
4413....

S.

5,156

13,867
11,621
8,010

44

44

14....

11,034

44

15....

12,369

16....

4,708

44

8.

9,905

7,353
5,696
4,746
6,054
0,299

44

17....

8.

44

18....

44

19....

12,886
8,812
14.G79
6,714
12,919
6,051

6,260

8.

5,140

44

20....

44

21....

44

22....

44

23....

44
44
44

44
44
44
44

24....
25....
26....
27....

28....
29

...

30....

8,250
8,573
6,010
8,044
10,798
8,008

8.

9,291
3,379
5,846
5,640

8.

8,677
3,916
5,021
3,272
4,332

6,785

6,649

6,277

11,236

5,114
14,158
5,817

4,836

7,094

3,083
4,915
3,164

9,576
4,483
10,114
6,441

5,491
8.

10,317
9,222
5,310
6,862
7,649
6,885
8.

8,081
6,566
5,199
4,350

9,106
4,423
8.

10,014
6,213
4,541
3,512
7,450
2,563
8.

4,026
3,270
3,395

8.

11,515
9,724
9,790
4J29
9,816

6,299
8.

7,629
5,707
6,484
4,910
7,987
5,557
8.

9,090
4,948
4,616
3,346
11,269
5,519
8.

7,474

4,190

44

44

14
44

2....
3....
4....

5....
6....

Total

11,062
7,496
7,317
4,354
6,798

s.

4,042
4,633
4,696
4,017

6,45 i

2,453
8.

4,85 i
3,936

8.

5,973
4,406
4,484
2,317
2,641
2,794
8.

5,136
2,579
4,632
1,361
2,724
4,995
8.

5,923
3,075
7,402
3,064

2,680
1,502
8.

4,640

2,707
7,101

3,561
1,675

2,032

4,512

8.

5,164

15,339

10,675
6,138
6,639
5,112
6,987
4,782
8.

6,759
5,231
4,698
2,865
6,478
3,714
8,379
4.547

3,592
3,478

53.000

117.000

42,000

8,000

5,000

13.000

73,000
15,000

54,000
34,000

178,000
132,ooa

2,032
8.

1881.

Shipments

to all

Europe
from—

This

week.

,

Bjmbay

56,000

All other p’rta
Total

49,000

56,000

1880.

1879.

Since
Jan. 1.

This
week.

Since
Jan. 1.

This
week.

Jan. 1.

462,000
11.7,000

89.000

487,000

18,000

173,000

42,000
13,000

319,000
132,000

579,000 107,000

663,000

55,000

451,000

Since

This last statement affords a
very interesting comparison of the
total movement for the week ending May 5, and for the three
years up to

date, at all India ports.

Alexandria Receipts and Shipments.—Through
arrangements
we have made with Messrs. Davies, Benachi &
Co., of Liverpool
and Alexandria, we now receive a weekly cable of the movements
of cotton at Alexandria, Egypt. The following are the
receipts
and shipments for the past week and for the coi
responding week
of the previous two years.
Alexandria, Egypt,
May 5.

1831.

1880.

1879.

Receipts (cantars*)—
This week....
Since Sept. 1

3,551
4,906

3,093
4,761
4,694

bales more than they were
day of .the month in 1879. We add to the table
the percentages of total
port receipts which had been received to
May 6 in each of the years named.

7,000

1,500

2,733,500

7,000

3,200,500

1,571,000

This
week.

Exports (bales)—
To Liverpool
To Continent
Total
*

Europe

Since

This
week.

Sept. 1.

Since

Sept. 1.

This
week.

Since

Sept. 1.

1,000 226,500
1,489 135,330

750 233.200
631 169,835

2,000 159,000
1,000 74,500

2,489 361,830

1,381 453,035

3,000 233,500

A cantar is 98 lbs.

This statement shows that the

May 5
were

were

7,000 cantars and

2,489 bales.-

receipts for the week ending
the shipments to all Europe

.Manchester Market.—Our report received from Manchester

to-niglit states that prices for twists and shirtings are unchanged
an average business.
We give the prices of
to-day below, and leave previous weeks’ prices for comparison:

and that there is

5,184
2,936
3,097

This statement shows that the
receipts since Sept. 1 up to
to-niglit are now 736,637 bales more than they were to the same




64,000

136,000

EXPORTS TO EUROPE FROM ALL INDIA.

8.

5,396,893 4,660,246 4,323,252 4,120,999 3,S48,579 3,945,382
oY total
rec’pts May 6.
93-17
97-32
94-83
95-31
9414

the month in 1880 and 1,068,631
*7?^
to the same

18*00*0

8.

Percentage
Port

Total.

nent.

6*00*0

,

1881.
32s Cop.
Twist.

Tot.Ap.30 5,359,356 4,033,867 4,307,978 4,099,790 3,834,786 3,921,275
S.
May 1....
3,391
2,575
'4,145
2,013
3.097
44

Conti¬

12*000

93-56

Apr. 1

“

„

shipments this week acd since January 1, 1881, and for the cor¬
responding weeks and periods of the two previous years, are as

for the different years.
1879.

Great
Britain.

Total.

nent.

follows.

9496

to April 30 the receipts at the
ports this year were 720,489 bales more than in 1879-80 and
1,051,378 bales more than at the same time in 1878-79. By adding
to the above totals to April 30 the daily receipts
since that time,
we shall be able to reach an exact
comparison of the movement

1880.

Conti¬

Shipments since January 1.

The above totals for this week show that the movement from
the ports other than Bombay is 18,000 bales less than for the
same week last year.
For the whole of India, therefore, the total

This statement shows that up

1831.

Great
Britain.

84 lbs.

Shirtings.

d. s. cl.
s.
d
OL^lO^ti G104®8 27e
94® 94 6 9 27 104
9qa> 94 6 9 2)7 10 4
9
2 94 6
74®7 9
9 2 94 6 74®7 9
9 2 97e 6 9 28 0
9 2 978 6 9 2)3 0
83*® 94 6 54®7 84
83*® 94 6 54®7 84
84a> 94 6 54®7 84
d.

Mar. 4
“

“
“

11
18
25

Apr. 1
“

“
“

«

8
15
22
29

May 6

The Exports

of

1880.
GotVn
Mid.

Up ds
d.

638

32.<f Cop.
It cist.
d.

*

d.

113s 212
6:4g 114 2113*
2)114
63,6 11
11
2)114
6
11
2114
2114
04s 11
6
104 3>11
5*5ig I03g 2> 1078
515je 104 2103*
93* 2104
576

84 lbs.

Shirtings.
d.
s.
d.
7 9 28 9
7
6 28 3
7 44®3 3
7 44®8 3
7 44®3 3
7 44®8 3
7 14®3 0
7 0
@8 0
6 104 ©7 104
6 9 27 9
s.

Cott'n
Mid.

Uplds
d.
73s
738
74
738
74

74
7

61518
6i316
64

Cotton from New York this week show

a

decrease, as compared with last week, the total reaching 12,449
bales, against 18,441 bales last week. Below we give our usual
table showing the exports of cotton from New York, and their
direction, for each of the last four weeks; also the total exports
and direction since September 1, 1880, and in the last column
the total for the same period of the previous year:

Alports op Cotton

(bales) from New York since

Bept. 1,1880.

Exported to—

April April

Liverpool

Otlier British ports
Total to Great Britain

year.

100

7,721 13,000

9,502

8,249 323,714 335,412

450

677

836
89

30.897
1,489

21,400

677

925

32,336

21,400

2,906

ports

250
200

6,662

2,825

Since

|

Receipts of Cotton at

Baltimore for the past

j Sept. 1.

This
week.

j Since

Sept. 1.

N. Orl’ans
Texas..

5,215 147,088

95.295

7,220
3,291

Savannah

3,592 217,721

25,303

80)
4,839
2,760 138,831
846 39,153
1,449 215.264

2,402

»07i

1

Foreign
This year.
Last year.

2,223 146,178

3,946 147.947
!
3,383

711 ;112,535

3,295 363,341

18,395!

Sept. 1.

3,213
332 21,763

Since

Sept. 1.

1,431

52,109

25
107

19,088

768

89,368

5.239 980,4071 6,142

17,778
132

'437

1,369 45,499

27,112

1,701 70,476,

531

389.0961

2,818 205,587

82,297i 2,555 170.420

*

1,014,345.
Shipping News.—The exports of cotton from
States the past week, as per latest mail returns,

the United
have reached

So far as the Southern ports are concerned, these
are the same exports reported by telegraph, and published in
the Chronicle last Friday. With regard to New York, we
include the manifests of all vessels cleared up to Wednesday
n'ght of this week:
Total bales.
Egypt,
New York—To Liverpool, per steamers Adriatic, 205
760
Germanic, 652
Humboldt, 1,726
Gallia, 389
Wyoming, 2,270
per ship Locksley
Republic, 541
Hall, 1,256
7,799
To Newcastle, per steamer Navig tion, 450
450
To Havre, per steamer Amerique, 836
** 836
89
To Marseilles, per steamer Ponca, 89
To Bremen, per steamer Donau, 250
250
To Hamburg, per st« amer Cimbria, 200
200
To Antwerp, per steamer Henry Edyo, 225
225
To Reval, per bark Judith, 2,600
2,600
3,660
New Orleans—To Liverpool, per steamer Emiliano, 3,660
To Bremen, per steamer Camellia, 3,460
3,460
To Barcelona, per steamer Juana, 3,101
3,101
To Genoa, per bark Honor, 2,092
2,092
To Vera Cruz, per steamer
, 678
City of Merida,
652
:
1,330
Charleston—To Liverpool, per bark Cyclone, 2,290 Upland and
426 Sea Island
2,716
To Havre, per barkentlne Frederica & Karolina, 1,986
Upland and 25 Se i Island
2,011
To Bremen, per bark Magnus Hus*, 1,856 Upland
1,856
To Reval, per bark Emerald, 2,708 Upland
2,708
To Barcelona, per bark Virgin de Montserrat. 1,330 Upland
per brigs Eva, 650 Upland, San Antonia, 453 Uplan l.
2,433
Texas- To Liverpool, per barks Marco Polo, 2,640
Zanrak,
2.024
4,664
To Havre, per bark Zuleima, 1,578
’
1,578
Norfolk—To Liverpool, per bark B. Hilton, 3 460
3,46o
hronpriz Friedrich
Baltimore—To Bremen, per steamer
Wilhelm, 620 (additional)
620
BOSTON—To Liverpool, per steamers Istriau, 704
Moravian,
321
Palistiue, 1,208
2,233
52,940 bales.

^

Philadelphia—To
.

Liverpool,

per

steamers

British King,

2,000....Illiuois, 519

form,

particulars of these shipments,
are as

2,519
52,940

Total....,

The

follows:
pool.

New York..
N. Orleans.
Charleston.
Texas

d- Ham-

Liver¬

7,799
3,660
2,716
4,664
3,460

Havre, burp.
836
450

Tues.

Liverpool, steam d. 3I6® *4

•he® x4

3ie® J4

b32-7;i2

532~732

saiL.-rf.

Do
Do

c.

Bremen, steam, .c.
Do

3,460

2,011

1,856

2.708

1,578

V

c.

sail

Ifl*

V

f2*

Lj*

V

V

V

statement of

•

*4

*4

14«>91G

14@916

38

38

....

5lfi

.

from

14*

38

38

*16

516

516

have the

following

at that port:

April 14. April 22. April 29.
30,500
3,600

42,000
5,700

Sales of the week
bales.
Of which exporters took ....
Of which speculators took..
Sales American
Actual export
Forwarded
Total stock—Estimated
Of which American—Estim’d
Total import of the week
Of which American
Amount afloat
Ot which American

1,300

500

32,500
3,700

22.500
6,600

11,000
863,000

17,000

52,000
4,000
2,500
43,000
6.600

21,500

927,000 1,000.000
762,000
710,000
153,000
113,000
112,000
104,000
286,000
350,000
177,000
253.000

644,000
91.000
56,000

377,000
298,000

*4 >916

....

38

we
,

?i; & ^2

•

*4

Liverpool,
the week’s sales, stocks, &c

Liverpool.—By cable

•

14*

....

51«

*ie

c.

•

I4*

....

38

d.

*2*

14*

14®916

14©916
....

Fri.

V

716®12

....

....

*4

*4

Amst’d’m, steam.c.
Do
sail...d.

716® ^2

7i6®k*

14*

Hamburg, steam, d.
Do
sail.. .<f.

Baltic, steam
Do
sail

1^*

....

....

Thurs.

316® *4 316®14 •he®1*
532®732 *32®732 *32®732 532®732

7lfi2'1g

716'®12

sail...:.c.

May 6.
54,000
3,800
3,100
45,000
6,500
20,000
1,000,000
767,000
70,000
65,000
253,000
143,000

spots aud future* each day of the
closing prices of spot cotton, have

The tone of the Liverpool market for
week ending May 6, and the daily
been as follows:

arranged in our usual

Saturday Monday.

Spot.
Market
it,
12:30 p M

inq.
freely

Mod.

l
J

Mid. Upl’de
pl’de
•l’ns
Mid. Ori’ns

Market
•ket.
5 P.M.

Total.
12,449
3,101 2,092 1,330 13.643
2,4*3
11,774
6,242

Wednes.

Tuesday.

Mod.

Flat and

Easier.

Spec. A exp.

578

51*16

51316
57q

8,000
1,000

8,000
1,000

8,000
1,000

Futures.

Market,
5 P. M

?

Steady.

[

steady.

Friday.

Harden’g.

Steady.

57s16

8,000
1,000

Dull
and

Barely

Thursday.

5131k
578

57s
Dlbie

}
J

Sales

inq.

freely
supplied.

irregular.

supplied.

steady.

unch’g’d.

12.000
2,000

Dull
and
easier.

Barely

The actual sale* of future* at Liverpool for tho
below. These sales are on the basis of Uplands,
unless otherwise stated.

578

5«l«

10,000

1,000

Weak.

week are given
Low Middling clause,

saum

SATURDAY.

d.

Delivery.

April-May....
May-June
June-July

—

d.
6i is

Detivei'y.
Aug.-Sopt

51316
f»27 32 Sapt.-Oct
Oct.-Nov

52932

6

July-Aug

6

52^39

Delivery.
July-Aug

d. 3
53i38

Oot.-Nov

578

Nov.-l)ec

52738

oiaJ6

May-June
Monday.

May-June..

51316®2532

June-July

July-Aug

.

57e

6132
53i33

Aug.-Sept
Sept.-Oct

.53132®1516

May-June
Jime-July.

6 ® 53I30 Sept.-Oct
No v.-Doc
52732 Sept.-Oct.... .....5i5l6

5293?

July-Aug

June-July
52732
July-Aug ...5i5i6®2932

6

Aug.-Sept
Sept.-Oct

52932

513j6

52782

Oct.-Nov

Wednesday.

52532 1
52732 I
513.8 >
5*9;V2

I May-June

I Oct.-Nov
1 May-June
I June-July

53i32

5i316 | July-Aug....

Nov.-Dee

5i316
....52932

TUE8DAY.

5253o®14 Aug.-Sept

May-June

Juiie-July

Aug.-Sept
July-Aug

-6*32
6

Ausr.-Sent

6Le

Sept.-Oct

53132

Nov.-Dee

52732

Nor.-Dec

52732

Aug.-Sept

6Iib

Thursday.

May.. 52532'3d3lfi'g)2732
May-June.. 5253o®2732
I”MP-Jul"
578 ®29y2

53i32®6

July Aug
May
May-June
June-July
July-Aug

Aug.-Sept

6I30®

116^'3C2

Sept.-Oot... 5i5iRa>3i32
Oct.-N ov
5*732'® 78

Aug.-Sept

53i32®6
6i32'5)1i6

Oot.-Nov..;
Nov.-Dee

May-June
5i5i6 Oct.-Nov

52732
«5131R

53132

July-Aug

5i316

May.

Nov.-Dee
J1 me-. Inly

Aug.-Sept

BREADSTUPPS.
Friday,

The flour market was
the week.

52738
51316

Friday.

51316@2732 Sept.-Oct
Oct.-Nov
..513,,.®2732 Nov.-Deo
578®2932

BarceTera
Reval. Iona. Genoa. Cruz.

2,600

Wednes.

Mon.

Bremen
-

the past week have been as follows:

-

1

96

I

condemned.

week, and

This
week.

Since

59.436

361

4,816

I

This
week.

New York,

6,880

...

North, pts
Tenn.. &c.

3,406

Baltimore.

| Philadelphia.

Boston.

New York.

This
week,

Virginia..

3,406

18,616 18.441 12,449 440,423 409,607

The Following are the
Boston, Philadelphia and
since September 1, 1880:

.

49,389

2,048

10

Grand Totai

B.Car’lina
N.Car’lina

4,169

1,578

Total Spain, &c

Mobile
Florida.

17,482

470

All otner.

Receipts
from—

27,738

82,270

10

Op’rto, Gibralt’r,&c

lias been

Cotton freights

Havre, steam

34,684
18,871
28,720

3,275

8,262

5,156

1,338

410

1,190

2,250

1,388

repaired, and partly loaded at Galveston, was towed out and again
struck on the bar, causing her to leak more freely than before? A
survey held prior to April 21 ordered her back to Galveston to be
again discharged for further survey, which beiug held, the vessel

Satur.

450

412

Hamburg

Bpa
Spain,

Sept. 1.

7,799 305,220 322,653
450 18,494 12,759

412

Europe

since

4.

9,402

Total French.

Total to North.

May

7,721 10,503
2,497

Havre
Other French ports.

Bremen and Hanover

Ajoril

20.

13.

period
prcvVus

Total

before reported, after being hove down

VS3TA, bark (Ger.), for Bremen,

Same

Week ending-

Other

[Vol. xxxu.

THE CHRONICLE.

506

P. M., May

somewhat dull and

The high grades were

51318

513ig
52&32

57s

6l32

6, 1881.

depressed early in

especially neglected, and

3,460
620 choice patents.from spring wheat were hardly salable. The de¬
2,233 mand for low grades was pretty fair, and latterly these have
2,233
Philadel...
2,519
2,519
improved somewhat in prices, or rather recovered what had been
Total... 27,051 4,425 6,386 5,308 5.534 2,092 1,330 52,940
lost. General trade improved, and the whole market became
Included in the above totals are from New York to Newcastle, 450
steadier.
Rye flour has again declined, but closes firm. Com
bales; to Marseilles, 89 bales; and to Antwerp, 225 bales.
meal has met with a fair demand, and is not plenty. To-day
Below we give all news received to date of disasters to vessels
the export demand for flour was rather slow, but the
carrying cotton from United States ports, etc.:
trade was very good.
Enoch Train, ship (Br.) Morris, from New Orleans April 19 for Liver¬
pool, put into Havana 3d instant with rudder broken and 16 feet
The wheat market" has been quite unsettled.
The limited
of water in the hold, having struek the rocks on Tortugas. In
order to save the vessel she whs run ashor *. ;-t Havana. Her. cargo
supplies on the spot, the low rates of ocean freights, and imconsists
6,676
of
and 2,400 staves.
Norfolk
Baltimore..
Boston
....




620

local

of

bales

cotton

Mat 7,

THE CHRONICLE.

1881.J

proyement in sterling exchange, have given a great impulse to
the current export demand.
The delay in re-opening the

Rail and lake
Week

507

shipments from same ports for last four weeks:

Flour,

ending—
oois.
April 30... 166.609
April 23... 17 u.TjOo
April 16...185,141
April 9...204,618

Wheat,

Corn,

bush.

bush.

Oats,

Barley,

bush.

bush.

Rye,

bush.

navigation has had some effect upon speculative
1,187,940
1,999,903
500,062
53,695 37.070
2.055.719
I,o43,521
855.674
56,162 38,743
values, and altogether there has latterly been general activity,
1.881,075
851,646
1,264.858
68.084 45.206
650,747
1,478,199
458,977
with not a little excitement. To-day there was a decided
66,342 72,758
advance in spots ; No. 2 spring, New York and Chicago grades, Tot.,4 wks.732,278 4,447,466 7,414,902 2,666.359 244,283 193,777
sold at $1 23@1 26 ; No. 2 red winter for June sold at $1 22^ 4 w’ks’80..423.403 4,777,801 12,387,167 2,120,519 297,767 298,418
Receipts of flour and grain at seaboard ports for the week
<®$1 23, and for July $1 20@1 20^, white being $1 29@1 29/£
ended April 30:
on the spot and No. 1 white on the spot $1 27@1 27%.
Flour,
Wheat,
Corn,
Oats,
Barley,
Indian corn was somewhat depressed early in the week, but
Atbbls.
bush.
bush.
bush.
bush.
SSL
New
York
104,825
©90/390
595,565 295,400 77,492
2.242
has latterly improved as the probabilities of scarcity seem to
Boston
65,675
256,911
267,750 34,625 13,500
900
increase. To-day No. 2 mixed sold at 62c. on the spot and 56c. Portland
7/200
88,425
12,000
2,550
Montreal
18.277
37,462
3,360
for June. Southern corn is scarce, and choice samples are held
103,500
Philadelphia
199,800 57,600
15,558
4,800
1,110
371,000 21,700
19,^66
353,000
for extreme prices. The speculation in futures is comparatively Baltimore
New Orleans
20,268
874,090
558,363
55,185
slow. It is too early to speak of crop prospects, except in the
Total week
251,669
2,288,051 2.320,205 - 470,420 95,792
7,282
South, and there they have little significance.
Cor. week ’80
177,631 1 .,271,177 ‘2!,622,641 493,641 32,919
4,558
Rye had sold at $113 on the spot, and to-day a boat-load of
Total receipts at same ports from Dec. 27 to April 30, inclu¬
prime Canada at $1 11 to arrive by canal. Barley has become sive, for four years:
quite nominal. Oats have been active, and to-day were
1981.
1880.
1879.
1878.
bbls.
4,512,934
2,880,819
3,433,477
2,903,199
decidedly firmer with considerable speculative strength; No. 2 Flour
bush. 21,181.766
graded quoted at 52^c. for white and 46M@47c. for mixed, Wheat
17,419,712
26.655.680
21,602,638
Cara
2©,632,718
43.790,607
35,656,701
34,229,275
and No. 2 mixed sold at 46%c. for June and July.
Oats
7,339,026
6,304,96 b
6,220,523
4.891,592
2,043,875
Barley
1,846,740
1,386.079
1,341,592
The following are closing quotations:
Rye
569,111
355,841
1,039,438
1,325,822
Erie Canal to

•

v

Flour.

Grain.

Ho. 2
$ bbl. $3 20® 3 65
Winter superfine
4 30® 4 50
4
4
5 00® 6
5 00 w 5
4 65® 5
5 25® 6
6 50® 8
4 G5® 5

Spring superfine
Spring wheat extras..

4 15®
4 00®

do XX and XXX...
Wis. & Minn, rye mix.

Winter shipp’g extras.
do XX andXXX...
Patents

City shipping extras.
Southern, bakers’ and
family brands
South’n sliip’g extras.
Rye flour, superfine..

5 75®

35
90
25
50
10
50
25
65

6 75

4 75® 5 50

5 60®

Corn meal—

6 00

2 75® 3 10
3 20® 3 25

Western, &c
Brandywine, <fcc....

Wheat-

Spring
Red winter
Red winter, No. 2

$l 15
1 17

1 29

Corn—West, mixed.
West. No. 2, new.
Western yellow..
Western white...
South,
South,

®1 27
®l 32
®1 29^3

57
61
61
62
61
63
1 09
45
50
1 00

yell’w,new
white,new

Rye
Oats—Mixed
White

Barley—Canada W.
State, 4-rowed...
State, 2-rowed...
Peas—Cau’da,b.&f.

62*3

®
®
®
®
®
®

62
63
65
63
66

®1
47
55

®
®

„

.®..
.®..
.®..

Corn,

Oats,

bush.

bush.

bush.

(60 lbs.)

(56 lbs.)

At—

Chicago

49,095

143,696

831,674

Milwaukee
Toledo...
Detroit
St. Louis
Peoria
Duluth

91,786
815
8,525

13L,633
225,790
165,681

34,725
263,669
22,762

2,680
34,477
5,054

4,000
284.598
29,220

37,000
483,495
537,075

Barley,
bush.

Rye,
bush.

(32 lbs.) (48 lbs.) (56 lbs.)
483,738 25,138 12,152
45,700 26,994 14,617
26,563
716
16/260
6,000
16,000
127.252
8,335
5,688
157,700
8,650
8,350
.....

Cleveland

192,432
8ame time’80. 119,254

Total

.

....

984,618 2,210,400
783,463 2,056,721

873,213
812,613

75,833
56,177

40,807
41,405

receipts at same ports from Dec. 27 to April 30, inclu¬

sive, for four years:
2,950,771

1,898,911

2,203,589

1878
2,010,367

12,742,183
27,961,494
10,168,583

13,872,917
42,493,678
7,584,875

18,309,458
25,731,366
7,790,743

20 036,955
25,599,782
7,039,404

3,230,026
608,027

2,055,882
723,111

1,970,652
993,897

2,353,061
1,325,437

54,730,313

66,730,472

55.296,116

56,359,639

1881.

Flour

bbls.

Wheat
Corn...
Oats

bush.

Barley
Rye
Total grain....

1880.

1879.

Comparative receipts (crop movement) at same ports from
August 1 to April 30, inclusive for four years :
Flour
Wheat

1880-81

1879-80.

1878-79.

bbls.

6,624,901

5,098,662

4,953,145

bush.

65,939,020

72,163,920
83,184,217

74,898,224
65,801,761
23,750,753

88,748,40231,318.038
11, L 17,848
3,069,833

Corn

Oats

21,008,130
9,918,626
3,545,797

9,012,393
3,9 >0.210

64,093,202

Exports from United States seaboard ports and from Montreal
for week ending April 30, 1881:
Wheat,
Flour,
NewYJrk

116,006
37,253

Boston
Portland
Montreal

Corn,

Oats,

Rye,

bush.

bush.

Peas,

bush.

243,086
232,747

3,328

lush.
6,959

bush.

bbls.

From—

6,719

947,695
86,775
88,425

8
3 200

8,627

Philadelphia..

8,157

43,543

139,391

Baltimore
New Orleans..

19.469

43,918

2,568

202,2*1
127,603

Total forw’k 190.172
8ame time ’80. 121,285

1,496,322

977,717

1,358,748

1,983,077

52
500

309,948
3,888
11,291

29,416

10,159
19,343

supply of grain, comprising the stocks in granary
principal points of accumulation at lake and seaboard
ports, and in transit by rail and water and on canal frozen in,
April 30, 1881:
In store at—
New York
Do. afloat (est.)

Albany

1877-78.

Wheat,

Corn,

Oats,

Barley,

bush.
583,765

bush.
206,827

bush.
831.927

bush.
50,075

bush.
16,697

340,000
5,500

153.000
17,500

66.000
59,000

240,000
65,000

41,000
44,700

2,300.
71,333
873,764
117,038
26,489
166,207

58/202
8,647

108,255

1,000

7,119,931
3,061.842
1,359,000
1,289,066
420,041

3,847,531
41,570
5.000
376,051

20,000

35,000

351,463

875,356

82,122

224,916

151,436

56,316

Montreal.

230,841
3,912

13,072

1,900
22,901

Philadelphia

134,512

Buffalo
Ohicago
Milwaukee
Duluth
Toledo
Detroit

Oswego

Total

70,913,984

The visible

Receipts of flour and grain at Western lake and river ports
April 30, 1881:
Wheat,

69,237,200

at the

for the week ending

bbls.
(196 lbs.)

59,569,361

....

®1

(From the “ New Yr>rk Produce Exchange Weekly.")

Flourt

Total grain

8t. Louis
Boston (est.)
Toronto

12,892

75,614
11,634

Rye,

4,858

7.705

110,000
2,666

5,000

70,000

2.798

1,651

139,528

7,626
9,735

63,564

37.500

201,423

120,000

Peoria

179,034

2,051

15,493

Indianapolis
Kansas City

97,900
99,403

72,400

35,800
37,133

350

680

59,425

40/270

239,800

11,230

Tot. Apr. 30, ’81 18,526,123 13,034,769 3.161.200 1,276.178
19,820,832 12,829.188 3,217,537 1,440,075
April 23, ’31
April 16, ’81
20,456,502 13,378,708 3,050,061 1,599.935
April 9, ’31
20,723,131 13,467,447 2.948,583 1.760,072
April 2.’81
21.752,359 14,266,409 3.201,160 1,979.208

339.587

526,746

Baltimore
Down Mississippi.
On rail
On lake

53,825

..

Canal and river..

May

1, ’SO

55,532

646,255

261.379

1,060,061

1,837,136

160,602

207,755

1.231,982

3,900,035

728

539,364
12,450
76,609

22,183/227 12,155,416 2,144,094 1,135,622

298,288
329,664
447,491
433,801

448,635

4,812,761
63,522,246
>,689,393
19,450,961
8,836 921
3.302,254

THS D51Y GODD3 TRA.DE.

6

Friday, P. M., May 6, 1881.

throughout the past week a lull in the-demand
descriptions of dry goods, and the volume of business
Total grain.... 200,193,197 189,825,690 177,413,376 155,801,730
was somewhat disappointing to package houses and jobbers
Comparative shipments of flour and grain from the same alike. There was a fair movement in a few leading makes of
ports from Dec. 27 to April 30, inclu sive, for four years:
cotton goods, ginghams, prints, &c., on account of former
1881.
1880
1879.
1878
Flour
bbls.
1,019,211
2,302,453
2,029,353 orders, but the current demand for such fabrics was com¬
2,907,071
Wheat
bush.
9,293,918
13,043,196
10,351,377
18,030,724 paratively light, most buyers having governed their purchases
Com
21,109,791
30,573,6t7
18,097,085
19,355,417 by actual wants. There was a trifling improvement in the
Oats..
8,974,296
5,705,465
5,524,353
3,517,232
1,290,450
1,671,619
1,342.595 demand for some kinds of clothing woolens, but worsted dress
Barley
1,736,226
Rye
845,238
1,018,843
639,606
702,050
goods, shawls, hosiery and underwear were severally quiet in
Total grain
41,959,469 8 48,560,575
39,038,303
43,294,811 first hands, and there was but a limited inquiry for nearly all
Rail shipments from Western lake and river ports for the imported fabrics. Accounts from most distributing points in
weeks ended:
the West and Southwest indicate that liberal quantities of spring
■*
1881.
1878.
1880.
1879.
Week
Week
Week
Week
and summer goods are passing into consumption, but reports
May 3.
April 30.
May 1.
May 4. from some sections of the South are not quite satisfactory, and
Flour...
bbls.
118,764
166,584
95,260
96,190
buyers for some of the Southern markets are therefore very
Wheat
bush.
965,661
119,217
899,484
418,235
Corn
1,520,936
460,813 1,133,729
405,887 cautious in their operations.
Oats
483,564
342,013
168,143
495,319
Domestic Cotton Goods.—The exports of cotton goods for the
Barley
53,695
49,770
60,467
20,887
Rye
34,220
37,070
45,384
43,003 week ending May 3 were 3,149 packages, including 1,726 to
Total
8,069,926
1,159,339 2.531,082 1,056,155 China, 668 to U. S. of Colombia, 94 to British Honduras, 89 t#
Barley
Rye

.

^




There has been

for most

CHRONICLE.

THE

608

fV0L. XXXII,

Receipts of Leading Articles of Domestic Produce.

Hayti, 73 to Mexico, and a number of minor shipments. There
The following table, based upon daily reports made to the
has been no material change in the general condition of the
New York Produce Exchange, shows the receipts of leading
market. The best makes of plain and colored cottons were in
articles of domestic produce in New York for the week ending
fair demand, at unchanged prices ; but inferior fabrics were
with Tuesday last (corresponding with the week for exports),
mostly quiet and irregular, with a tendency favoring the buyer. also the
receipts from Jan. 3, 1881, to that day, and for the
Print cloths were in moderate request, and steady at 3%c. for
corresponding
period in 1880 :
64x64s and 3 5-16c. for 56x60s. Prints ruled quiet, and though
prices of the best makes are without quotable change, there
"Week ending
Since Jan. 1,
„Same time
1881.
has been more pressure to sell inferior work ; and some consid¬
lust year.
May 3.
erable lots were consequently re-ticketed and sold by agents at Ashes
662
169
1.578
..bbls.
2,189
33,401
20J72
relatively low figures. Printed lawns, piques and wide prints Beans
Breadstuffs—
were severally dull in first hands ; but there was a fairly-active
..bbls.
98,748
1,957.917
Flour, wheat
1,382,458
Coni meal
52,631
4,430
37,588
demand for dress and staple ginghams by package and retail
Wheat
817,570
9,479,890
6,910,380
360,388
2,966
Rye
204j775
buyers.
552,006
7,715,150
Corn
12.736, iU
Domestic Woolen Goods have shown rather more anima¬
Oats
214,600
3,955,638
3,523,515
81,660
1,811,000
Barley
1,453,663
tion, but there was a good deal of irregularity in the demand.
1.860
Peas
68,009
201,439
.bales.
20,261
399,266
375,236
Leading makes of heavy cassimeres and suitings have received Cotton
730
Cotton seed oil
11,094
16,357
increased attention from the clothing trade, and a fair business Flax seed
92,053
1,921
3|944
485
33,793
Grass seed
61,586
was reported in both all-wool and cotton-warp fabrics of this
50.212
Hides
1,494
:....
59,805
.bales.
16,589
1,167
20,510
Heavy Hides
class, but low-grade goods were relatively quiet.
964
31,916
.bales.
6.406
worsted coatings were in moderate request, but less active than Hops
870,561
Leather
41,248
1,328,415
40.280
1,500
56,868
expected, and overcoatings and beavers were lightly dealt in- Lead
Molasses
2,728
545
1,615
40,903
..bbls.
41,674
Spring cassimeres and worsted coatings were mostly dull in Molasses
first hands, but a few large sales were effected by means of Naval Stores—
905
1,420
Turpentine, crudfe.. ..bbls.
1,408
18,890
21,821
lower prices, and a considerable business in such fabrics was
Turpentine, spirits.. bbls.
4,369
84,028
..bbls.
Rosin
108,427
reported by cloth jobbers. Satinets and Kentucky jeans were
..bbls.
9,167
Tar
1,048
8,052
129
901
Pitch
..bbls.
1,109
inactive, and the demand for flannels was of a hand-to-mouth
231,662
223,479
Oil cake
15,077
20
..bbls.
character, but there was some inquiry for blankets by early Oil, lard
2,954
2,087
Oil, whale.
buyers. Carpets ruled quiet with agents, but a fair distribution Peanuts
.bush.
50,014
2,490
42,679
was made by jobbers at irregular prices.
Hosiery and knit Provisions
479
47,260
Pork
41,236
.pkgs.
underwear continued quiet, but a more active demand is
806
12,248
14,274
Beef
466,836
12,767
CutineatB
680,028
.pkgs.
expected shortly, as the Treasury Department has revoked the
361,107
23,770
344,008
Butter
.pkgs.
335.197
19,648
Cheese
158,734
late order lowering the duties on competing foreign goods.
.pkgs.
187,730
22,557
245,100
F^rSS
Foreign Dry Goods were only moderately active with jobbers,
185,864
4,932
Lard
tes. & bids.
238,229
122,391
Lard
4,805
50,645
and the demand at first hands was light and unimportant. The
35,419
...No.
40,674
Hogs, dressed
31.682
1,062
29,181
auction rooms presented few offerings of dress goods or silks, RiceP
.pkgs.
.slabs.
20,888
41,442 '
1,544
Spelter
but some large lines of laces and lace goods, hosiery and fabric Stearine
118
7,802
6,540
.pkgs.
7L
4.077
1,092
gloves, were disposed of through their medium. Fair price ^ Sugar
100
12,649
hhils.
7,202
Sugar
were realized for laces at public sale, but hosiery and gloves
630
28,262
39,873
Tallow
-Pkgs.
1

„

*

■'

.

—

'

Tobacco
Tobacco

sold low in most cases.

boxes &

.khds.

3,722
1,631
2,574

42,911
23,794
91,080

bales.

136

16,387

cases.

Whiskey
Wool

Importations of Dry Goods.

importations of dry goods at this port for the week
ending May 5, 1881 and since January 1, and the same facts
for the corresponding periods of 1880, are as follows:
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41,771

....bbls.

109,683

1,986,797

1,218,496

....bbls.
....bbls.
.bush.
...bush.
...bush.

10

1,495
61,003

X

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Cutmeats
Butter
Cheese
Lard
Rice

Tallow

13,900,485

1,058,699

1,483
57 122

'

14,163^787

87,582

...bush.

6,694
290,307

7,421,583

11,423,890

...pkgs.

1,582

17,463

...tons.

300

19.979

...bales.

12,681

22,417
20,647
169,646

...pkgs.

3,149

46.508

3,508

29,228
15,713

525,415
43,004
489

...bales.
...

i

281

207,077

31,871
33,689

1,850

6

bbls.

4,123

120
166

1,903
38,001
5,300
1,755

83.155
2,481

66,891

918,049

1,104,652

gals.
-..-gals.

G.275

288

1,344

67,741

....gills.

7,393

....gals.

638

141,265
12,569

62,434
221,123
12,979

4,383,937

79,604,270

87,027,262

4,734

84,14G
14,646

87,299
19,616

bbls.
....bbls.
bbls.
bbls.
...

.tierces.
lbs.
lbs.
lbs.

lbs.

71

4,492

810
417

4,187.310
255,138
632,177
2,747,517

and eases.
Tobacco,manufactured, lbs.
lbs.

'

1,943

19,883

24,397

197,399,024
5,554,484

203,322,242
6,392,100
14,810,363
104,969,001
5,302
26.291,762
23,637
15,944
2.390,573
42,801

22,012,277

95,054,315

495

7,‘*98

2,136,157

18,272,474

1,857

25,797
16,996

95,279

1,896,091

1,592

Tobacco, leaf
Tobacco
bales

Whalebone

5,877

671,336
60,609
254,660
169,581

Barley

05 — ©l W X

..

©**1

497
73

492

10

Breadstuff's—.

—

It- w

92

....bbls.
....bbls.

Beeswax

*M

h-*

*3

Same time
last year.

Since Jan. 1,
1881.

TFeeA' ending

M
C

m ©5

*1 ©:
X*l :
x o 1

Ci :
c:

•J

Custom House returns, shows

exports from New York of all leading articles of domestic

Ashes, pots
Ashes, pearls

1

V*

the

.

*

x

Exports of Leading Articles of Domestic Produce.

The following table, based upon

produce for the week ending with Tuesday last; also the exports
from the 1st of January, 1881, to that day, and for the cor¬
responding period in 1880 : *

S.
^
—

p

I—•

-

•
•

57
o

‘

a

-

o

a

P*

s;

•3220^2
gp
© 2
X

~

©

-

S

—

£ V* ®
s> Z “2 5 p
—1A
? ft

I—-

M.

ft

K

p

p

© —

C c;
-i

M

©

58,346
19,213
119,179
8,347

.

The

3

*

53,047