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HUNT'S
MERCHANTS’
MAGAZINE.
JkWjSjjape*,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL
INTERESTS OF THE UNITED STATES.
VOL. 29.
SATURDAY, NOVEMBER 1, 1879.
CONTENTS.
tinued, since in practice
THE CHRONICLE.
What the Comptroller's Letter
Imports and Exports for Sep¬
Means
I
445
tember, 1879...
419
Effect of High Prices on BreadMonetary and
Commercial
stuffs Movements
446
English News
450
How Biennial Sessions Work in
Commercial and Miscellaneous
Practice*.
440
News
451
What Next?
*
447
.
THE
BANKERS
Money Market, U. S. Securi¬
ties, Railway Stocks, Foreign
Exchange, New York City
Banks, etc
453
THE
Commercial Epitome
GAZETTE.
Quotations of Stocks and Bonds 456
Local Securities
COMMERCIAL TIMES.
Cotton
461 |
Breadstuff's
466 I Prices Current
The
457
Investments, and State, City
and Corporation Finances... 458
462
Dry Goods
467
Imports, Receipts and Exports 468
469
%\xc (fkvcwidc.
Commercial
and
Financial Chronicle is issued every Satur¬
news up to
midnight of Friday.
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W1IA1
The
activity in Wall*street and
the
MEANS.
large and general
few losses have actually
The attention of the banks has finally been
called to
this subject, by the
Comptroller of the Currency; and
consequently, during the past week, efforts have been
made to devise some
plan which shall relieve the banks,
and at the same time not
cripple the business of Wall
street. It is a question of much
difficulty, but will have
to be met some time
; and from present appearances it
would seem that the
Comptroller is determined that it
shall be forced to
a
good
be devised.
solution
Under pressure, per¬
substitute for the present system will soon
Some of the bank presidents
propose a
a
now.
clearing-house for stocks. This has often been suggested
before, and something of the kind is now in operation in
Philadelphia- Others
tlement,
Of
these
as
seem
to favor
in London.
course
there
are
obvious
a
fortnightly
objections
set¬
to either of
proposals.
And, in fact, no plan can be devised
will, at least for a time, work as smoothly and as
easily as the present. For the purposes and conve¬
nience of the broker,
nothing could be better or more
simple, than the credit of the bank standing between the
seller and the purchaser
during the transfer of the
security. But with the volume of transactions so much
larger than ever before, and covering very many
which
stocks which
than their
continue to
THE C OMP TR OILER'S LEI TER
very
occurred.
haps
day morning, with the latest
NO. 749.
are
selling
acknowledged
to be worth far less
price, whether the bank should still
its credit in this
way, is another question.
may be said that, although the apparent
use
To be sure, it
risk is very great, the losses in
be extremely small.
Yet the
practice have proved to
again to the question
Comptroller well replies
of
certifying checks. This custom, as is known, has that there is in that no
guaranty that the losses will
grown up out of the necessities of a stock-brokers’ busi¬
always
be
small;
that
it
was never a lawful or
ness.
proper
In executing the order of a customer the
broker custom for the banks to
adopt; that there is far more
is compelled to
acquire possession of the bonds or danger in it now than ever
before; and that under the
stock and therefore to
pay for the same, before he law he has no
discretion, but is required to see that the
can make
delivery and receive a check in return, or practice is modified.
(if a, margin business) before he can obtain the loan
From all we can learn of the
purposes of the Comp¬
which enables him to
carry the stock. Of course, where troller and the
disposition of the banks, we are inclined
the business of a house is
large, a very unusual capital to the opinion that this
subject will not be dropped until
would be required, if the broker were
called upon to some
change is made; that the intention is to push the
actually pay out the money in every case before he matter to a solution.
Some propose that the banks
received it or had the
security on which to borrow it. avoid the law by
giving a daily discount to their cus¬
To bridge over such
transactions, therefore, the system tomers. To this, of course, no
objection can be made in
has grown
up among the banks of certifying the check case the
security for the loan is good; but if it is a simple
of the
broker, he mak ng it good with his customer’s advance without
security and that kind of business is as
check or with the
proceeds of the loan, before the close
largely engaged in as would be necessary to make it a
of bank hours.
This plan has always been looked
full
substitute for
upon
with
disfavor, and yet in the absence of any other as a iner could and “over-certifications,” the Bank Exam¬
probably would take exception to it.
substitute, has seemed to be necessary, and has been con- We think,
therefore, it is not wise for our brokers to
rise in values have drawn attention
THE CHRONICLE.
4 46
-
-
Here
[Vou XXIX.
■
—
■
■
—
?
-
have, however, according to the statistics of
fancy that the effort i« to end in that way, or in any way
the
Produce
Exchange, as effects of the speculative rise in
except by a change of system. There is a deep feeling
among conservat ve classes that “ over-certification” has the value of wheat, an increase in a fortnight of about
been carried too far; that there is no good reason why 1,250,000 bushels in the quantity marketed and a decrease
of more than 3,750,000 bushels in the quantity exported—
our banks should be used in such a way; and that,
although there have been few looses in the past, it is a an aggregate difference of about 5,000,000 bushels
weeks in October.
market for two
dangerous practice which in some emergency may so against the
involve these institutions as to disturb the commerce of Very
naturally, therefore, we have a rapid in¬
the whole country. The Comptroller, therefore, has crease of stocks.
The quantity of wheat in store at
New
York, early in October, was less than two million
probably not acted on an impulse, nor will a little
bushels.
It had increased last Saturday to but little less
scolding frighten him from his purpose; he believes the
step he has taken is right, and will, we think, as we have than four million bushels. Advices from Baltimore say
already said, pursue the course he has indicated until a that stocks of grain have accumulated there so much that
it is difficult to procure storage.
change is made.
The aggregate visible
At the same time, we feel satisfied that a sudden, abso¬ supply in the principal markets of the United States, which
lute divorcing of the banks from this business should not was 17,180,443 bushels on the 27th September, had in¬
be attempted, and we do not believe it will be.
The creased to 23,295,349 bushels on the 18th of October, and
system is one of long growth, and is so interwoven with was 25,692,223 bushels last Saturday.
The decline in prices, that has taken place the
the operations in Wall street, that it cannot be ruth¬
past
lessly rooted out, without working-great harm. It has week, is therefore the result of the assertion of legiti¬
been winked at under the law for years, and the same mate influences.
It brings back the regular trade to a
law exists now that has existed. Furthermore, the stock sounder basis.
It will probably promote a healthier
broker’s business is just as legitimate as any other. movement. The reduced prices are still dear, as com¬
we
There has of late been excessive speculation in securi¬
pared with those at which the season opened. But the
has there been in breadstuffs and in cotton; but demand has become more extended since then, from the
it would be very unwise to condemn those trades on that continued unfavorable weather in Great Britain.
On the
account, or to take a step which would disorgai ize the whole, therefore, the present position of the market is
business of either. We think, therefore, there will be highly satisfactory.
no disposition to deal
harshly in this matter; and yet
HOW BIENNIAL SESSIONS WORK IN
Wall street should take notice that a change will have
PRACTICE.
to be made, and it would be as well not to delay con¬
The Massachusetts legislature, at its last session—like
sultations and efforts to that end.
our own
State—passed a concurrent resolution for a
EFFECT OF HIGH PRICES dW~BREADSTUFFS constitutional amendment
providing for biennial legisla¬
MOVEMENTS.
tive sessions, and this action, in each State, if approved
The speculation for an advance in prices of wheat, which
by their legislatures next year, will go to the people for
made such rapid progress during September and the first ratification,
only in this State the measure may go over
half of October, has already produced effects of the most to 1881 if the
legislature omits to act upon it next year.
In
of
the
view
important character, not only in causing a decided reduc¬
pendency of the subject, the Boston
tion m the volume of exports, but in promoting a moderate Herald has
recently performed a public service by
increase of deliveries from the hands of farmers, and, as a
applying to it the most direct and conclusive test pos¬
natural consequence, leading to a great accumulation of! sible—that of
experience, as furnished on application to
stocks.
We referred to the probability of such results, the Governors of the States which have
|
adopted the
and to a reaction in prices as the natural conclusion from plan.
such conditions, while the movement was in progress.
Illinois has never had any other system, so the Gov¬
It seems that the exports of wheat (and flour reduced to ernor cannot speak of the effects of a
change ; but he
wheat) from the principal Atlantic and Gulf ports of the emphatically says that the people have found no trouble
United States and from Montreal, for the two weeks with it, and are perfectly satisfied. Extra sessions can
■ending 29th October, were 8,722,000 bushels. This is a be called at any time, and repeatedly have been ;
large aggregate, truly, but the important fact is that it falls the legislature can also hold adjourned sessions, and has
3,774,000 bushels below the aggregate for the two weeks sometimes done so. S >me of the newspapers in the State,
ending Sept. 24, when the total was 12,496,000 bushels. during the last session, even advocated holding sessions
This decrease is made the more emphatic by the fact that in for general legislation only once in six years, and several
the fortnight last reported, considerable supplies of Spring plans for that end were actually proposed aud discussed
wheat were available for export, which was not the in the legislature.
In his opinion, any action which
fact in the case of the fortnight ending Sept. 24. may be taken will be to limit the sessions to a fixed
ties,
so
,
The increase in the deliveries from the hands of farmers
has
been
quite so marked, but is still import,
receipts of wheat at the principal Western
markets for the fortnight ending October 25 were 9,747,200
bushels (including flour reduced to
wheat), against
8,514,700 bushels for the fortnight ending September
not
ant.
The
27—aij increase of 1,232,500 bushels, which is made the
significant by the known unwillingness of farmers
more
to sell
bn
rising market. Besides, these figures do not
represent the full movement of the crop. A great quan¬
tity of wheat comes from the Ohio Valley direct to the
seaboard or through towns whose receipts are not included
a
in the above totals.
number of
Governor Gear, of Iowa, who served
eight years as a legislator, and two as Speaker of the
House, declared that “ biennial sessions are emphatically
the best and decidedly the cheapest.”
Iowa adopted
them in 1858, the Senators holding four years and the
Representatives two. The people are satisfied, and
would not tolerate a proposal to change back. There is
too much legislation even under the present plan;
during the last six years 160 to 180 laws have been
passed at each session, of which only 60 or 70 are of a
general character. He summed up the reasons for
approving biennial meetings thus : “ Less legislation,
less expense, less work to do over infremedying that
“
days.
November 1, 1879. |
“
1<
“
the
THE CHRONICLE.
447
gislation, mor j satisfaction, and less comp a nt from popular feeling there on the subject. Its defeat proba¬
people.” Ia Minnesota, Governor Pillsbury said bly arose from the fact that those who favored it
that the biennial meeting saves about one-fourth of the thought little about it, assuming that its success was a
current expenses of the State government.
Last year, matter of course, and did not even take care to vote ;
he said, the State tax.was 2 3-10 mills per dollar of those
opposed worked actively and secretly, and brought
-
assessed
valuation; this year, lj mills; next year, when out every vote at their command. The features in the
legislature meets again, it will be 2 mills.
The biennial plan which constitute its merits are the very
State Auditor, who has been seven years in his place, ones which aroused interested
opposition, and one
said also: “Every other year we save $100,000, the direct shrewd member of the
legislature exactly touched the
“
expenses of a session, and $50,000 on printing, station- point when he said that “the crop of politicians who live
“
on the annual election
ery and other incidentals.
Besides, there is a great
spoils would mostly ‘winter-kill’
“
“
if
saving in appropriations.
At every session these are
they got a chance at the public crib only once in'
“
swollen by combinations of interests in, the legislature “two years.” This observation is an excellent
thing to be
“and by downright jobbery.
There would be just kept fresh in the memories of people who have no desire
“about as much of combination and jobbery every ses¬ for
perpetuating that particular sort of crop.
sion if i he legislature met once in six months, and I
The tendency, during the last
twenty years especially,
“
think there will be no more of it in one biennial session has been to
attempt by constitutional provisions to make
than there would be in one annual.”
legislative sessions less frequent and shorter, and to
In Indiana, Governor Williams was equally emphatic restrict the
scope of legislation in many ways.
No State
in his approval.
Since 1852, the plan has been in use, which has once had biennial meetings—whether origin¬
and after nineteen years’ service in the legislature, be¬
ally adopted or not—has ever abandoned them. This
fore assuming his present office, he pronounces it both fact is the most unanswerable
demonstration, and it will
the cheapest and the most satisfactory plan.
be
a
serious
backward step if the amendment now pend¬
One very
notable feature of advantage he thus states:
ing in this State is oversloughed as was the case in Con¬
This plan prevents changes in laws from being made before necticut.
On the contrary, we have hopes of
yet seeing
legislation has had a fair trial. It insures that the State shall the restrictive
plan applied to Congress itself.
have, at least, eighteen months without any possible change in
the
“
“
the law. For six months after the legislature has been in ses¬
sion everything is in confusion.
A great many acts are passed
with what we call an emergency clause,
by virtue of which they
come into effect
WHAT
NEXT?
(Communicated.)
immediately they are signed and long before
they have been officially printed. Those that have not this
After the writer appeared before the Silver Commis¬
emergency clause are not operative until the laws have been
printed and circulated in the various counties. But all this sion in November, 1876, he ventured to add to his testi¬
time lawyers and the general public are constantly in doubt as
mony then given a suggestion that silver
to what
might have
depreciated by the excessive production of gold
1850 rather than of silver, and he then and has
elsewhere held that in spite of the substitution of
gold
for silver as the legal tender of
Germany, and the con¬
sequent displacement of silver in the bank reserves of
that country, it appeared that there had been
gold
enough in stock in other countries to supply thte
abnormal demand of Germany, without
causing any
scarcity of gold anywhere.
He has also held at various times that
although
Germany had displaced silver as an unlimited legal
tender, and although France had ceased to coin silver,,
yet by neither act had it been demonetized. Silver ia
still true money, but of limited tender, in
Germany and
in this country, and has always been so in Great Britain
since gold became the standard or full tender.
Neither gold nor silver has become
money by any
process of law, but through custom based upon their
fitness to serve the purpose; and as they
have not been
monetized by law, neither can either be demonetized
by
changes have been made. If the legislature met every
been
year, this would be still worse ; but, as it is, we get at least
eighteen months of rest between the sessions, which gives an since
opportunity of subjecting new laws to a fair trial.
In
has
Pennsylvania the biennial plan, although adopted,
not yet come into
actual trial, but Gov. Iloyt
expects beneficial results from it, and mentions
as
in its
favor that the cost of
holding legislative elections will be
greatly reduced and re-furnishing the legislative halls
need not be done as often as formerly. The same con¬
stitutional provision which made the change,
however,
nearly doubled the membership in each house, so that
little reduction of salaries will be
effected, but he adds
:
For many years before the adoption of the new
constitution,
the work of the legislature consisted, chiefly, in the enactment
of local and special laws—acts of incorporation, divorce bills,
local laws regulating the maintenance of the
poor, local road
laws, special enactments creating new election districts—and a
variety of other local and special matters engaged the attention
of the legislature.
All this has been changed. The cities,
counties and townships retain their local laws, but a general
law has been passed for the organization of
city governments,
and the courts now have jurisdiction on many matters which
formerly were subjects of legislative action. The tax laws of
the State require revision, and, after that shall have been
accomplished, there will remain but little work for the legis¬ law.
lature except the passage of the necessary
appropriation bills.
All that law can do is to prescribe the
weight of metal
As for Connecticut, Gov. Andrews
to
be
earnestly favors
put into each coin and define by means of legalthe plan. The proposition originated in the
tender
acts in what metal or coin a contract shall be
legislature
in 1878, and passed by an almost unanimous
vote; last enforced.
winter, it again passed, with only a single
An alteration of the act of
opposing voice,
that
being the voice of the only GYeenbacker in the
House; it was also earnestly endorsed, in 1878, by a
special commission appointed in 1877 to investigate the
subject of reducing State expenditures. The plan, as
stated in his last message, “ would Jjtend to
give stability
and permanence to legislative action, would lessen the
“
legislative expense nearly or quite one-half, and would
“
in a great measure relieve us from the
growing mis“
chief of over-legislation.”
The unfortunate rejection of the
plan in Connecticut,
there is every reason to believe, does not
represent the
“
one
legal tender may cause a
the other, at a particu¬
temporary disuse of one metal
lar time and in a particular
place. This is what Ger¬
many did.
The amount or quantity of silver affected
by the
action of Germany has therefore been
only the sum
formerly constituting the bank reserve—a sum absolutely
large in itself, but relatively to the world’s stock very
or
small indeed.
Hence it seemed reasonable to suppose
had not lost its purchasing power in the
that as silver
East, the sum
disused in Germany would gradually find its way there.
a
•
448
This
THE CHRONICLE.
[Vol. XXIX.
have
happened—Germany has accomplish, freed from the curse of
slavery—served by
sell, the stock of silver is rather light in
80,000 miles of railway and furnished with a
London, and the price of silver has been
slowly on a specie basis, even though not the soundest currency
and
possible—
steadily rising, being now above 53d. per can
hardly
be
conceived.
No
one
can
ounce.
It is evident that silver is now
the
finding its precise danger, but the danger exists and predict
new ratio to
may become
gold, which must be determined by the active at
almost
any
moment.
He
who
relative supply, demand and use. The use of
could foretell
silver may the next
ample harvest in Europe would be
in fact, have been but little affected
in the long run
by predict the date of reaction here. We cannot likely to
the action of
predicate
Germany, as the silver-using races are a continuance of
on
the
prosperity
continued
vastly the roost numerous and, as has been stated, silver of our
adversity
largest customers. Either their power of
still is and must continue to be
pur¬
very largely used as chase must soon be
impaired
by
continued
money even by Germany and other
adversity or
European States, as they will not need to make such
well as by ourselves.
excessive purchases
because they will have a
Silver has not been and cannot be
larger home product.
demonetized any¬
The writer has been led to the
present consideration
where; but, to coin a word after a Germam
fashion, it of the subject by reading a
has been de-legal-tender-ized in some
paper presented by Mr.
countries.
Robert Giffen to the Statistical
In attempting to forecast the future
Society of England, and
ratio of silver to published in
their journal in
March, 1879—a paper often
gold, under these new conditions, the fact must
to
appears
ceased
to
be
relative production of gold since the
discoveries in California and Australia has been
and still
is vastly greater than that of
silver. That is to say,
there has been a
vastly greater sum of gold added to the
money of the world than of silver, and in ratio to the
existing quantity of metal in use, the production of gold
is still much greater than that of
silver. Silver may yet
rise even above its old
ratio, although this is not prob¬
able, but a rise to or near to its old ratio
may be very
near.
not
referred to.
In this paper Mr. Giffen
attempts to prove an appre¬
ciation or
scarcity of gold by a comparison of prices at
various dates.
It is admitted that the
suspension of specie payments
in this
country and in several countries of
Europe, may
have caused a
temporary and local excess and consequent
depreciation of gold in Great Britain and an advance in
gold prices in England between 1861 and the
panic of
1873, and that there has been in England an
aypreciation of gold since
forgotten that the
It has
happened that
tuting gold for silver in
even
the
while
Germany was substi¬
manner
described, the largest
accumulation of gold which I believe was
ever
known?
has accumulated in the Banks of
France and England.
There has been no
scarcity of gold anywhere, and
may it not therefore be said that the abundance
of gold has been the cause of the
or excess
even
in
1873, but this alleged appreciation
England has been
rather
a
restoration to
normal condition than
a more
prevailed in that period of war
inflation and extravagance from 1861
to 1873.
If Mr.
Giffen attempts to
prove a general scarcity of
gold for
existing use, it seems to be now apparent that the facts
are
against him. Prices are now again
rising in Europe
here;
we
have
retained
our
own product
If
of
Germany had not made a demand for gold for
many
months,
and
have
also
drawn $50,000,000
gold for its bank reserves and full legal
tender, where from Europe ; yet the bank reserves in
would the gold have
gold of Europe
accumulated, and what would have are still enormous.
temporary depreciation
of silver ?
been the effect of its accumulation?
Witness the
sums that have
piled up in France and England, in
of the German demand.
It is upon this accumulation of
vast
spite
gold in France and
England that we also have lately been drawing, and
although we have already depleted it in the sum of over
$50,000,000 since January 1, mostly in the last few
weeks, still no scarcity of gold as yet appears
anywhere.
How long we can continue this draft
upon
Europe
without causing a
temporary scarcity of gold, remains
be
to
seen.
This country holds an absolute
control over the
gold
reserve of the world and can
draw upon it at will in
payment for corn, meat, oil, and cotton, as the writer
has
many times attempted to prove during the
past years
when it has been
alleged that we could not obtain gold
for resumption
purposes.
We now appear to have reached
the beginning or
perhaps have entered considerably upon the period of
inflation upon a
likely to
ensue
Oar great
specie basis, long since predicted
after resumption.
danger
consists in the continued
United States notes
legal tender
now
as
use
well
as
But Mr. Giffen
much
more
than
attempted in January last to prove
a
temporary aberration in England
only, and alleged that we had entered upon a
gradual
appreciation of gold as indicated by
falling prices. For
this purpose a list of the
prices of 22 staple articles,
compiled in the Economist annually since 1845, was used.
In this list the
average prices in London from 1845 to
1850
established each at a standard of
100; the aver¬
age of the 22 therefore gives an index number of
2,200.
After 1850 the new gold
supplies became an important
factor in prices.
are
The articles in this list
1.
2.
3.
4.
5.
6.
7.
8.
9.
Coffee.
12.
13.
14.
15.
16.
17.
18.
19.
20.
21.
22.
Sugar.
Tea.
Tobacco.
Wheat.
Butchers’ meat.
Cotton of all kinds.
Raw silk.
Flax and hemp.
10. Wool.
11.
Indigo.
In 1865 and 1866 the
as
index numbers
of
years
cotton.
are—
Oils.
Timber.
Tallow.
Leather.
Copper.
Iron.
Lead.
Tin.
Cotton-wool, Pernambuco only.
Cotton yarn.
Cotton cloth.
highest point
was
reached, the
being respectively 3,575 and 3,564, both
having been greatly affected by the high prices of
nominally convertible
In 1873 the index number marked
2,947, since which
demand, and until that danger is averted there has been a
progressive
decline, until Jan. 1,
by a decision of the Supreme Court
depriving the marked 2,227, or only a trifle above 1845-1850. 1S79,
Of
existing notes of their legal-tender quality, there can
1879 we have as yet no
be no absolute assurance of
record, but
stability in our finances. have marked a lower index numberJuly 1, 1879, must
than 1845-1850
On the other
hand, no absolute danger can be foreseen
by
small
a
percentage.
from this cause because we have
as
yet no experience on
A decline in
prices in England has therefore been
which to base the future of this
into coin
on
conditions.
What
the
country under its present established, and
people of this country may1
was
gold
a return to the ratio
relatively
scarce
of
a
period when
is admitted—that is
to the
November 1, 1879.]
ratio
THE CHRONICLE.
449
prevailing before the gold discoveries of
1849 and to gold, hydraulic
mining is established, and the Cornthings being equal, Mr. Giffen’s position stock lode also
yields as much gold as silver. In respect
would be completely established,—but are other
things to silver, Leadville now leads. Who knows the
quan¬
equal?
'
r
tity of either gold or silver yet to come ?
Very far from it; and it may be held that in the very
No scarcity of gold
is yet apparent, Snd
fact that the prices of these commodities are r.ot
probably
very far none will
1850.
Other
.
s
below the index number of 1815-50 is
clusive proof .that
to
be found
come, as the fund in Europe seems
and silver is in excess of all
wants, but is
ample,
being slowly
con¬
gold has greatly depreciated since that absorbed by the
East, and rising in ratio to gold.
date, because, in respect to almost every one of the com¬
Prior to 1850, not a mine of
gold or silver of any *
modities included in the
list, there has been either a very importance was under the control of an
English-speak¬
great reduction in the cost of production or a very
great ing race, or within reach of science or the
increase in the supply relative to the
railway.
demand, both facts
Now, the Western territories are permeated
by 5,000
tending to a decrease in the prices, if the supply of the miles of
rail, still extending. New; Mexico and Arizona
precious metals had been kept uniform to the demand as are
just being explored. Science is applied under safe
compared to the previous quarter of a century. A
slight conditions ; law is enforced, or soon to be, even in the
consideration will prove this
point. In respect to all the most distant places ; abundance is
assured, and,
commodities named
there has been
a
great decrease in
of laborers
are
plenty
be had at low
wages.
land and
to
What next ?
transporting to England. This may suffice What effect on
mortgages ? What effect on
as to coffee,
tea, raw silk, flax, hemp, and indigo. In national
debts, if these new factors in the supply yield
respect to other articles named below the
following larger and larger products of gold and silver, at lower
points must be considered.
cost?
the cost of
Sugar.—A vast improvement in
refining.
the manufacture
and
In the United
in
States, liberty,
and order, with na
standing army, and 50,0f0,000 of people in\1880, and
Tobacco.—Free labor in the United States,
already cheaper nearly or
and more effective than slave labor.
quite 100,000,000 in 1900. What next ?
The great
Wheat.—A revolution in the mode of
production in the United
States and the change which the railroad
and steamship have
made in distribution.
Butchers' Meat and
Leather.—Texas, Colorado and the steam¬
ship combined.
Cotton.—Free labor and steadily
increasing supplies at less
and less cost.
Cotton Cloth and Tarn.—One
operative now produces
as three did in 1845-50.
Oils.—The
discovery and
use
cotton seed oil.
of petroleum and the
Timber.—The depletion of forests must have
caused
This is the only case of the kind in-the
list.
a
value.
Wool and Tallow.—California,
Australia, Texas, and
with their vast flocks, unknown in
1845-50.
Copper.—The Calumet
as much
use
of
rise in
Oregon,
and Hecla mine alone sufficient
to
reduce the price the world over.
Lead and Tin.—Increased
peace,
plains are now fully stocked, and can
carry
cattle; therefore a number of cattle
correspond¬
ing to each year’s increase must come to market in that
no more
year.
We
cannot ourselves
eat all
our
corn,
wheat,
pork, or cheese, and a good harvest in Europe next
year
may check the foreign demand upon us.
If another bad
harvest occurs there, how can
Europe pay for our stdUe^^
even
though the food be needed?
Lower prices of food must
follow, and lower cost of
manufacturing. It is useless to forecast the effect of
such forces.
What will
What
or
next
?
may come from
kinds, accompanied by
silver ?
an
an excess
excess
of
of food of all
both gold and
A
study of the experience of England from the period
resumption in 1821 to the g^eat financial collapse in
porting.
1825-6, on a nominally specie basis, might be useful
Iron.—The Bessemer process and all the other vast
improve¬
ments in metallurgy and in
reading at this time, and might perhaps cause a more
mining.
Iu all the other
intense
desire to see the le gal-tender notes
products, arts and manufactures, who
withdrawn
can measure the reduction of
the labor cost ? Cannot while the time is propitious.
They constitute the
one hand do as much as three in
subtle poison in our
1S45-50 in almost
apparently full cup of prosperity.
any
One that can be named?
May not these notes cause the same inflation that was
It must be remarked here that since 1852
caused by the
there has
country bank notes in England at that
been a singular
time
?
It
is
true
that the notes themselves cannot be
uniformity in the production of gold and
silver combined, and this has be* n used
as an
argument dishonored, but the credits based upon them
supplies and low
for bi-metallism.
is given of
In Cernuschi’s
last
cost
pamphlet
of trans¬
a
“Money issued by Mines, Mountains
Rivers,” from
table
and
1849 to 1S78 inclusive.
was reached in 1852,
of
may work
infinite mischief.
There is gold enough and to
spare, silver more than
enough. The legal-tender notes constitute an excess of
The great annual
production
£26,550,000 of gold, what is used as money. It is not and cannot be money,
£8,120,100 of silver; total, £34,670,000. The -varia. but only a substitute for it. Law can make it serve a
tion since then has
been, £4,500,000 over in 1853, temporary use, but cannot give it value. It is not the
£3,000,000 le6S in 1862, the average of 27 years
having
£33,677,000. The total product of gold and silver
for27 years, according to this
statement, has been as fol¬
been
lows:
of this paper to re-argue this question, but
only
present facts that prove an abundance of gold as well
silver, and to give all those who are determined to be
purpose
to
as
rid of
legal-tender
paper money a more complete
$2,990,660,200 demonstration of the absence of any reason for its con¬
1,410,327,600 tinued
use.
E. A.
£909,295,000
$4,400,987,800
This is rather a
Boston,
Oct.
1879.
30,
large sum, but it may be remarked
that the value of the American cotton
orop of the last
ten years has been
$2,500,n00,000 to $3,000,000,009 in IMPORTS AND EXPORTS FOR SEPTEMBER, 1879.
gold. We need more cotton than we do
[Prepared l)y the Bureau of Statistics.]
gold or silver.
But fucIi a production, of
Below are the imports and
exports of the United States for
gold and silver the world
the month ended
never witnessed before.
Sept. 30, 1879, and for the nine and the
twelve months ended the same,
What next? Surface
washing is ended. Iu respect corresponding periods of the compared with like data for the
year immediately preceding.
Gold
Silver
£617,905,000
291,390,000
-
THE
450
CHRONICLE.
fCorrected to October 27,1879.1
MERCHANDISE.
For the
month of
e
September.
For
the 9 For
the 12
months end¬ months end¬
ed Sept. 30.
ed Sept. 30.
714,605
7,729,817
11,054,664
$64,844,793 $516,630,634 $719,783,430
44,224,706 355,736,388| 462,937,153
Total
Imports
Excess of exports over imports
Exoeas of imports over exports
$20,620,087 $160,894,246 $256,846,277
1878.—Exports—Domestic
Foreign
$57,202,960 $523,458,842 $713,839,919
Total
$58,134,967 $533,939,277 $728,467,106
932,007
37,412,632
Imports
of exports
Excess
over imports
Excess of imports over exports
10,480,435
324,611,718
(COIN AND BULLION).
$15,597,473
334,397
5,436,390
7,042,887
$1,231,000
$21,033,863
$25,939,729
*
Total
28,361,587
Imports
over
imnorts £
46,515,595
$
'25,481,732
1878.—Exports—Domestic
Foreign
$266,500
$16,262,021
391,191
5,697,313
Total
$657,691
$21,959,334
Imports.
1,578,888
22,278,788
$
$
$18,896,842
53,104,550
$
'
27,130,587
Excess of imports over exports
Excess of exports over imports
Excess of imports over exports
433,543,769
$896,603
1879.—Exports—Domestic
Foreign
Excess of exDorta
14,627,187
$20,722,335 $209,327,559 $294,923,337
GOLD AND SILVER
27,164,821
$20,692,783
6,762,264
$27,455,047
27,932,929
$... r
921,197
319,454
477.882
TOTAL MERCHANDISE AND SPECIE.
$65,026,791 $524,498,260 $727,625,608
1,049,002
13,166,237
18,097,551
$66,075,793 $537,664,497 $745,723,159
1879.—Exports—Domestic
Foreign
Total
72,586.293
Imports
Excess of
Excess of
exports
imports
over
over
imports $
402.251,983
516,041,703
$135,412,514
$229,681,456
6,510,500
exports
1878.—Exports—Domestic
Foreign
Total
Imports
Excess of exports over
$57,469,460 $539:720.863 $734,532,702
1,323,19*
21,389,451
,16,177,748
$58,792,658 $555,898,611 $755,922,153
38,991,520 346,890,506 461,476,698
imports $19,601,138 $209,008,106 $294,445,455
Excess of imports over exports
planetary!® ammerctal ^txgltsTt %%txo&
RATES OF EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.
EXCHANGE AT LONDON—
EXCHANGE ON LONDON.
October 16.
On-
Time.
Rate.
Amsterdam.
Amsterdam.
Short.
3 mos.
12-lis® 12*2q
12*334® 12*414
(»
Antwerp
2555 ©25"60
Short. 25*271o@25*3712
3 mos. 25*4212 ®25*47*2
it
20-59 ©20*63
a
20-59 ©2063
u
20-59 ©20’63
a
20 59 © 20-63
Paris
Paris
Hamburg
...
Berlin
Frankfort...
Leipzig
St.Petersb’rg
a
a
Copenhagen.
a
Vienna
Madrid
241516®251i0
18-42
11-95
a
4678®47
a
Cadiz
Lisbon
Genoa
47
90days
3
New York...
mos.
'©1846
©12-00
Caloutta
....
29-10
©29-20
60days
it
....
Hong Kong
.
Shanghai.-..
Time.
Rate.
Oct. 16
Short.
12-10
Oct. ie
Oct. 16
Short.
25-34
Oct. 16
Short.
20*35
Oct. 14
3 mos.
25 7s
Oct. 16
Oct. 16
3
Oct.
Oct.
Oct.
Oct.
Oct.
O. t.
Oct.
3 mos.
28-40
Short.
3 mos.
6 mos
4-82
it
.
25,2012
....
....
[From our
own
more active than it is.
Fortunately, the war in South
Africa has terminated, and further resistance to.British power
in Afghanistan is seen to be useless. Even allowing for some
been
unforeseen difficulties, which are
likely to arise when barbarous
be said that
the British Empire is virtually at peace, and it is to be hoped
that, after the troubles of the last two or three years in Europe,
efforts will be made to promote that confidence in a pacific
future the want of which has been felt so much, and which has
contributed largely to the contraction of the world’s commerce.
But yet, Great Britain and Europe must not be too sanguine in
regard to a largely-augmented commerce. As far as South¬
eastern Europe is concerned, the difficulties which have been
so prominent of late years have not yet been surmounted, and
there are some indications that Germany and Russia are not
upon the best of terms. It is, nevertheless, evident that it
would be very unwise for any European power to break the
peace, as serious complications would arise. The anxieties,
however, which such uncertainties give rise to, are contrary to
the commercial interests, and must be taken into account.
Again, the harvest has been very indifferent throughout the
greater part of Europe, and, large sums of money having been
remitted to pay for imported grain, the money markets of the
Continent are assuming a firmer appearance. Large standing
armies are also a drawback to commercial prosperity, and tend
to diminish the purchasing power of the nation.
Great Britain
is certainly deriving the greatest benefit from the improved
trade, and this is something in favor of a free-trade policy, to
which the country intends to adhere.
France has been borrowing here, and gold has been sent
away in larger quantities from this market to the United
States. Germany has also taken a small supply, and the
money market has, in consequence, presented a firmer appear¬
ance.
Last week the rate for three months’ bills was only
about Vs, but it is now 1% per cent. The mercantile demand
for money does not, however, appear to have improved,
although it is said that in some quarters a better supply of
mercantile paper exists. The increase in “ other securities” is
probably due chiefly to loans upon stocks, owing to the settle¬
or
treacherous
ment here and
mos.
it
117-30
47-50
©47*8
Alexandria..
Bombay
Latest
Date.
52l16@526lfi
....
active, large shipments having been made to the United States;
though the state of the cotton and woolen trades has been
more satisfactory, there has been a much smaller participation
in the improvement in them than in the other branches of com¬
merce to which reference has been made.
It is contended, and
no doubt the inference is a correct one, that had the harvest
in this country been a good average, and the agricultural
classes more prosperous, the trade of the country would have
but
$64,130,1*8 $508,900,767 $708,728,766
1879.—Exports—Domestic
Foreign
[Tot. XXIX
16
1<
17
16
16
16
16
it
it
it
Is. 8*4d.
Is. 85ifid.
3s. 8 Sid.
5s. l^d.
correspondent. 1
shows
the
races
on
have to be dealt with, it may
This week’s Bank return
the Paris Bourse.
principally the payment of the dividends, though not to
same
extent as that of last week.
The Government have
repaid the Bank a sum of £200,000 ; but as the Chancellor of
the Exchequer cannot expect much revenue until the com¬
mencement of the new year, it will be very necessary for the
Government to show as much thrift as possible. The elections,
which cannot be far distant, will make it prudent for tiie Gov¬
ernment to adopt a policy in this respect which will prove that,
while they are taunted with extravagance, they have been able
to combine efficiency with economy.
The present quotations
for money are as follows :
London, Saturday, October 18, 1879.
The cheerfulness which has recently become apparent in
Per cent. Open market rates—
Per cent.
4 months’bank bills
2
13s® 1*3
certain departments of our commerce and also on the Stock Bank rate
6 mouths’ bank bills
134©178
Open-market rates—
4 & 6 months’ trade bills. 2 ©3
30 and GO days’ bills
Exchange has continued, and as far as trade is concerned there
3 months’ bills
is some reason to believe that the improvement will be main¬
The following are the rates of interest allowed by the jointtained. It would be unwise, however, to believe that we have
stock banks and discount houses for deposits ;
suddenly changed onr position from one of depression to actual
Por cent.
prosperity; but the alteration has been great, and most proba¬ Joint-stock banks
1
Discount houses at call
^
bly we shall now make steady and favorable progress. It has
do
with notice
H
long been a difficult question to understand how it was that
Annexed is a statement showing the present position of the
prices remained so lovv without attracting the attention of Bank of
England, the Bank rate of discount, the price of Con¬
numerous buyers.
Previous to the recent depression, specu¬
the
sols,
average quotation for English wheat, the price of
lators regarded it as safe to buy when prices were below
the average of seven years. As regards many commodities this Middling Upland cotton, of No. 40 mule twist, fair second qual¬
*
has been the situation for about two years, and yet it is only
tvithin the last fortnight or three weeks that any impetus has
been given to the markets, and this has been chiefly the effect
of American
purchases and speculations. The business trans¬
especially in iron rails and old rails, has
been very extensive, and prices have advanced to a considerable
extent. The tin and copper trades have also been much more
aetive, and the advance established in prices has been import¬
ant* The trade for jute manufactures has also been more
acted in metals, and
ity, and the Bankets’ Clearing House return, compared with tht
previous years:
three
1879.
Circulation, including
£
bank post bills
29,195,023
Public deposits
Other deposits
5,077,552
33,676,0'‘7
Governm’t securities. 19,370,528
Other securities
17,771,"48
Res’ve of uotes & coin. 19,591,042
Coin and bullion in
both departments .. 33,430,802
Proportion of reservo
to liabilities
'
60*09.
1878.
£
1877.
£
1876.
£
30,131,954
3,156,132
27,321,4 3
16.937,672
23,024,358
28,654,853
5,147,500
20,629,635
15,718,604
18,575,244
8,517,315
9,178,439
17,802,925
16,107,468
19,396,451
23,354,U5
22,782,936
33,357,501
27*69
3G*2T
29,362,482
5,422,087
29,857,947
November 1,
THE (’HllONIOLR
1879.]
Bank rate
Con6ola
Eng. wheat, av. price.
Mid. Upland cotton...
No. 40 male twist..
1877.
5 p. c.
1876.
1879.
1878.
2 p. c.
4 p. c.
9'%
48s. 8d.
94*3
943*
2 p. c.
94
33s. 9d.
52s. 2d.
46s. 2d.
6**i«d.
0*4<L
6*3!.
53sd.
9*sd.
9 icd.
10%d.
lOd.
..
451
EXPORTS.
1879.
Wheat
cwt.
Barley
Oats
Peas
Beans
Indian
Flour
Clearing-house return. 103.030,000 102.027.000 115.364,000 101,240.000
1877.
1878.
153,<90
3,459
1,807
13,404
3,273
388,2’4
11,123
10,221
2,^42
1876..
285,9 *9
18,596
l*,02l
2, 38
1,743
629
149,098
1,606
4,-23
1,788
2.858
com..".
236.5»4
22,256
44,691
81,638
exchanges are less favorable to us, and as
25.802
13,347
4,521
7,066
the American exchange has declined to 4*8026, a considerable
Ensllnh market Reports— Per Cable.
quantity of gold has been forwarded to New York. A Sinall
amount has been also sent to Berlin. Silver is decidedly scarce,
The daily closing quotations in the markets of London and:
and is now worth 52)£d. per ounce. Mexican dollars are worth Liverpool for the past week, as reported by cable, are shown in
the following summary:
50%d. per ounce.
The following are the current rates of discount at the prin¬
London Morvy nnd Stork Market.—The bullion in the Bank
of England has decreased £1,160,000 during the week.
cipal foreign markets:
The Continental
Bank
rate.
Pr. ct.
Paris
Brussels
Amsterdam
Berlin
Bank
rate.
Pr. ct.
Open
market.
Pr. ct.
13*® 2
2
3*s@338
3*2
3
Hamburg
4*2
4*8@138
4 @4*4
Frankfort
4*2
4
Leipzig
4*2
4*4S>4*2
Genoa
Geneva
4
2*2
The stock markets
@4%
4
Sat.
Oct.
Pr. ct.
5
5%@6
3%@4
4
@5
@6
4
25.
Silver,
per oz
Consols for money
Consols for account
U. 8. 5s of 1881
U. S. 4*23 of 1891
U. S. 4s of 1907
Madrid, Cadiz &
3
4*2
St. Petersburg ...
Vienna & Trieste.
Open
market.
Barcelona.
Lisbon & Oporto.
Calcutta
Copenhagen
5
New York
3*2@4
6
@7
Illinois Central
2*2
very firm in the early part of the
week, and the value of British and American railroad securities
had a strong upward tendency ; but the outflow of gold from
the Bank and the upward movement in the value of money on
the Continent have induced speculators to take their profits,
and a relapse has in consequence taken place. During the
past fortnight business has been conducted on the Stock Ex¬
change upon a large scale, but prices having in many instances
experienced an important rise, a more cautious policy is now
considered judicious.
The wheat trade during the week has presented a very firm
appearance, and prices have risen fully 3 per cent per quarter.
'
Wed.
Oct.
29.
53
53*8*
971o16
53®ie
97*316
97*316
98
10o
98
105*3
105*2
1093a
10930
105»8
42 3s
101*2
1055s
403e
10o*2
49*2
31*2
31
Thurs.
Oct.
30.
53%
97 7q
FrL
31.
53%
97*3X6
9713
7s
10530
105*4
109*3
105*2
40*3
100*3
49%
30%
10938
105*2
41
ion
100
Oct.
.
97
lUo*4
1093Q
10538
39%
49%
30%
Liverpool Cotton Market.—See special report
92
life
-
on co.
to 1.
Liverpool Breadstuff8 Market.—
Sat.
d.
8.
Flour (ex. State) $
hbl..30
Wheat,spr’g,No.2,1001b. 11
Spring, No. 3...
“
11
Winter,West.,n.
“
11
Southern, new.
0
0
Mon.
8.
d.
30 0
11
0
Tues.
8.
d.
Wed.
8.
d.
30
10
0
30
10
11 7
11 8
11
3
11 11
5 10
11
11
11
11
6
7
2
9
0
8
Thurs.
8.
d.
30 0
10 6
Fri.
d.
6
8
8.
30
10
ii
Av.Cal. white..
California club.
“
7
8
3
11
11 11
“
Corn, mix.,West.$ cent’l 5 10
11
11
11
11
9
9*2 5
5
5
6
2
9
9
11
11
11
11
3
4
2
9
5
8
11
11
11
11
5
4
6
2
9
8*2
Liverpool Provisions Market.—
Sat.
d.
.52 0
33 6
34 6
.82 0
.38 6
63 0
Mon.
d.
8.
52 0
34 0
8.
The deliveries of home-grown produce continue upon a very
limited scale, and the quality is still very poor. The exports
from the United States to Europe being reported as less exten¬
.
98
Pennsylvania
49*4
Philadelpliia& Reading. 30
were
Tnes.
Ort.
2*
97*s16
97*&i6
....
10532
1093s
105®8
Erie, common stock..... 42 *8
6
3*2@4
d. 52%
Mon.
Oct.
27.
Short clear
“
Beef, pr. mess, $ tierc
35
82
Tues.
d.
8.
52 0
34 0
35 0
82 0
39 0
63 0
0
0
6
0
38
Wed.
8.
d.
52 0
34 0
35
82
39
63
0
0
0
0
Thurs.
8.
d.
52 0
34 0
35 0
82 0
37 6
63 0
FrL
8.
52
34
35
82
37
62
d.
0
0
0
0
6
63
0
sive, and the imports from Russia small, the tone of the trade Cbeese, Ajqi. choice
London
Petroleum
Mark
t.—
is exceedingly buoyant, and a further advance in the quotations
Tues.
Wed.
Sat.
Mon.
Thurs.
Fri.
s looked upon as certain.
It is evident that we are aim ost
d.
d.
d.
d.
d.
d.
7
6%@678 6*2®658
9
entirely dependent upon America for supplies, and as there is Pet’leum,ref. $ gal... 7*4 7 @7*8
®
@
6 @7*2 64j@7*2 6%@7*2
Pet’leum,spirits “
@
considerable competition for them, it is by no means improbable
that wheat will become very dear. The weather has been very
CSPonrwjcrctal andUlisccUaiueous Hems.
favorable for agricultural work, but there seems to be indica¬
tions of a severe winter. Snow has already fallen in Scotland, ^
Imports and Exports for the Week.—The imports of last
and from several parts of the Continent reports of frost and of week, compared with those of the preceding week, show
early winter are published. The holders of good wheat are • a decrease in dry goods and an increase in general merchandise.
pretty certain to have it much their own way throughout the The total imports were $7,798,317, against $7,141,839 the preseason, and as a fair quantity of produce has now changed ceding week and $6,281,664 two weeks previous. The exports
hanis at satisfactory prices, and as growers are becoming finan¬ for the week ended Oct. 28 amounted to $7,910,908, against
cially strong, less disposition will be shown to realize except at $7,763,314 last week and $9,736,556 the previous week. The
a further and perhaps important rise in price.
following are the imports at New York for the week ending
During the week ended October 11 the sales of home-grown (for dry goods) Oct 23 and for the week ending (for general
wheat in the 150 principal markets of England and Wales merchandise) Oct. 24:
FOREIGN IMPORTS AT NEW YORK FOR THE WEEK.
amounted to only 19,361 quarters, against 60,129 quarters in
1876.
1878.
1879
the corresponding week of last year; while it is computed that
$800,408
Dry Goods,
_$?QQ.408
$929,015
$1,155,107
$1,770,894
4,408,409
2,100,619
6,(>21,423
they were in the whole kingdom 77,500 quarters, against General mdse...
240.500 quarters in 1878. Since harvest the sales in the 150 Total week
$2,901,027
$4,873,773
$5,563,516
$7,798,317
principal markets have been 109,896 quarters, against 404,267 Prev. reported.. 234.906,209 206,061,927 23. ,152.829 260,719,283
quarters; while it is computed that they have been in the whole Tot. s’ce Jan. 1..$237,807.236 $270,935,700 $237,716,345 $268,517,600
In our report of the dry goods trade will be found the importo
kingdom 439,600 quarters, against 1,617,000 quarters in the
sf
of dry goods for one week later.
corresponding period of 1878. Without reckoning the supplies
The following is a statement of the exports (exclusive of
furnished ex-granary, it is computed that the following quanti¬
specie) from the port of New York to foreign ports for the
ties of wheat and flour have been placed upon the British week
ending Oct. 28:
*•
..
..
.
.
..
..
,
markets since harvest:
EXPORTS FROM NEW YORK FOR THE WEEK.
1879.
Imports of wheat.cwt. 9,985,998
Imports of flour
1,452,311
Sales of home-grown
produce
Total
L
exports
wheat and flour
Deduct
1878.
1877.
1876.
7,594,454
860,759
7,297.203
838,992
5,052.113
1,905,000
7,007,400
5,935,200
6.981,000
13,343,309
15,462,613
14,066,395
12,753,129
Result
Av’ge price of English
178,892
401,571
290,250
156,104
13,164,417
15,061,042
13,765,875
12,597,025
42s. lid.
58s. Od.
46s. lid.
following figures show the imports and exports of cereal
produce into and from the United Kingdom during the first
•even weeks of the present season,
compared with the corres¬
ponding period in the three previous years :
IMPORTS.
1879.
Wheat
cwt. 9,985,998
Barley
2,007,441
Oats
Bea*
Beans
Indian
2,234,828
62.641
com
1878.
1879.
$5,69 i,537
$7,910,906
„
-
,
—
■■
■
—A,
-
——
--
1..$218,734,448 $236,307,777 $288,639,106 $286,705,565
The following will show the exports
of New York for the week ending
of specie from the port
Oct. 25,1879, and also a
comparison of the total since January 1, 1879, with the corre¬
sponding totals for several previous years:
Oct.
47s. 8d.
The
_
Tot. s’ce Jan.
$7,808,369
215,055,980 228,499,408 292.942.809 278,794,659
-
or
wl
rtieat for the season.
720,006
1877..
1876.
$3,678,468
For the week....
Prev. reported..
343,330
3.363,937
1,452,311
1878.
7,59>,454
2,085,327
1,345,182
228,737
201,397
5,450,058
860,759
21—Btr. Colon
Aspinwall
23—Btr. Baltic
Liverpool
23—Str. Santo Domingo.. Cape Haytien
7.296,203
1,530,859
1,9 41,470
133,173
635,788
3,992,988
838,992
1876.
5,052,113
1,047,074
1,427,036
122,508
718.400
0,643,774
720,006
Mex. silv. dols.
$4,150
20,615
4.000
51,920
($80,685 silver, and
$80,685
gold)
Previously reported ($10,908,046 silv., and $2,055.73a gold).12.964,384
Total for the week
Tot. since
1877.
'
8. Am. silv. coin
Mex. silv. dols.
Am. silv. ooiu..
Jan.l,’79 ($10,989,331 silv., and $2,055,738 go’d).$13.045,069
Same time in-
1878
1877
1876
1875
$11,103,094
24,513,615
41,288,160
65,232,517
The imports of
been as follows:
Same time in1874
$44,766,8*5
1873:....
44,551,850
1872
63.149,404
1871..... ' 58,221,222
Same time in—
1870
$54,703,235
1869
29,248,6*8
,1868
1867
67,942,601
43.887,332
specie at this port for the same periods have
452
THE CHRONICLE.
[v0L. xxix.
,
20—Str. Canima
.Hamilton
20—Str. C. of Richmond. .Liverpool
$8,288
243,325
Gold bars
20—Str. C. of Vera Cruz. Vera Cruz
233,592
6,528
Am. gold
12.850
Foreign silver.
Foreign gold...
44,045
1,646
Silver bars
20—Str. Alvo
.Gr^ytown and
325
As-
pinwall
Am. silver
526
435
Am.
21 —Str. Wieland
.Hamburg
21—Str. Pereiro
Havre
.Havre
gold
Foreign gold...
655,390
823,145
Am. silver
193
Foreign gold...
1,681,995
Gold bars
22—Str. Scytliia
96,500
.Liverpool
23—Str. Claribel
Gold bars
Am. silver
Am. gold
.Porto Rico
.4;.
!
24—Str. Acapulco
Foreign silver.
Foreign gold...
.Aspinwall
.
24—Str. Etna
-
214,061
85,862
13,122
2,138
264
1,300
8,642
2,233
1,700
4,200
Am. silver
Am. gold
Silver bars
Gold bare
Gold dust
Am. silver
Am. gold
.Kingston
500
500
650
Foreign gold...
1,460
.—
^
„
$1,800,000 8
per cent first mortgage bonds, which were in
default
for four years.
Recently an arrangement lias been made by
which these bonds were scaled down to
$900,000 7 percent bonds
in place of the $1,800,000 8
per cents, and preferred stock was
issued to the amount of $1,400,000. To
each holder of $1,000 8
per cent bond a $500 7 per cent bond was
given, with preferred
stock to cover the
remaining $500 with the four years’ over-due
coupons. The success of this arrangement obviates all
cause
for foreclosure
proceedings. The common stock remains as
before. We understand that the road is
doing a good
business, the earnings since July 1 showing an increase
of 30
per cent over the corresponding period last
year.
—From a circular
recently issued by the Maverick National
Bank we make the
following extract, which will be found of
special interest to many of our readers:
now
“
The addition of tlio Bond
popular and
so
Department to the bank lias proved
advantageous
so
to our correspondents that we
shall
continue the same as a feature of the business.
We shall; as heretofore
buy and sell United States bonds of all
kinds, and shall keep on hand a
full line of tlio various issues, and be
prepared to All all orders
promptly
made
Exchanges
in Washington for banks, and
any business with the
Government departments in connection with United
States bonds wil
be transacted free of additional
charge.”
The Boston Journal says of this, that “
the efforts of thi«
bank to
serve the public as Government
agents lias met with a
general response from banks, capitalists, and private indi¬
25- Str. Celtic
.Liverpool
243,325 viduals throughout the New England States.
Their business
25—Str. Donau
.Southampton
Trado dols
72,998 has so largely increased that
they
are now the acknowledged
Am. gold
484,509 headquarters* for all transactions in
Government bonds. Their
Total for the week ($149,143 silver, and
$4,798,244 gold).. .$4,947,387 facilities for buying, selling and exchanging any of the various
Previously reported ($0,726,747 silv., aud $43,844,948 gold).50,571,695 issues are not excelled
by any bank in the country, and we take
Tot. since Jan. 1/79 ($6,875,890 silv., and
great
pleasure
in
cordially
and confidently
$48,643,192 g’d).$55,519,0S2
Maverick Bank, Boston, to all who have recommending the
Same time inSame time inSame time inmoney to invest in
1878
Government securities, either as trust funds or in
$17,766,292 1874
$5,322,555
1870
$11,108,919
a corporate
1877
12,572,691 1873
or individual
13,720,787 1869
24—Brig Thetis
.Curacoa
Am. silver
Am. gold
Am. gold
300
840
very
...
.
1876
8,574,907
11,095,163
1875..r..
The
1872
1871
for each
as
well
as
day of the past w^eek:
Receipts.
25...
*•
27.. J
“
28...
QQ
“
3o‘!!
“
31...
Total
A
14,778,528
6,380,793
2,870,374
1868
1867
following table shows the receipts and payments at the
Sub-Treasury in this city,
Oct.
5,206,549
8.402,517
$
1,206,853 03
1,906,422 91
747,000 80
1,426,163 99
1,477,443 36
949,755 77
Balances.
Payments.
Coin.
$
Currency.
$ ’
1,174,514 75 131.601.459
22 130.190.460
00 129,737,058
59 129,513,654
95 129,475,946
83 128,411,505
5,058,510
1,806,313
1,121,501
1,775,014
2,006.207
7.713,639 86 ,12,941,562 34
New
the balances in the same,
$
97 15.799.175 39
43 14,058,087 62
98 13.452.176 87
02 13,980,244 23
28 13,720,380 38
50 13,723,369 10
i
Haven
capacity.”
—We herewith present some corrections of
the quotations
given in the advertisement in the October Investors* Supple¬
ment of Mr. William C.
Noyes, No. 4 & 6 Pine
dealer in
telegraph, trust
street, New York,
gaslight, insurance and
railroad stocks and bonds.
By inadvertence, quotations of
several weeks previous were
printed, and they should be as
follows : Central Trust, 115 bid;
Equitable real estate mortgage
bonds, 99@102 ; and, in Telegraph Company's stocks,
Inter¬
national Ocean, 150 bid ; Pacific &
Atlantic, 48@54 ; Gold and
Stock, 117 bid; gold and Stock bonds, 103@106 ; Franklin,
30@
33; American District, 70@73;
Lake Shore & Michigan
Southern
preferred 10
company,
per cent
stock, 120 bid.
—The attention of the first, second and third
mortgage bond¬
holders of the Marietta & Cincinnati RR.
Company
is called to the
notice of Messrs. Arents & Young, No. 9 New
street, New York,
or John A. Hambleton &
Co., No. 5 South street, Baltimore,
who desire their address, with the numbers and
description of
their bonds, and at the same time
express their views as to the
proper measures to be adopted to protect their interests. A
Road.—Articles of association have been
filed in the office of the
Secretary of State of Con¬
necticut for the New York Connecticut &
Eastern Railroad.
The capital stock is $4,000>000, divided into
shares of $100
each. The officers are
George L. Clarke, of Providence, Presi¬ meeting will probably be called at a future day.
dent, William W. Douglass, of Providence, Treasurer, and
—We call the attention of investors to the
advertisement of
Amdrew L. Winton, of Bridgeport,
Messrs. De Jonge & Co., who are
Secretary.
Accompanying
the direct six per
offering
the articles is a sworn statement that cash to
the amount of cent 30 year bonds of the Michigan Central Railroad
Co.,
$10,000 for every mile of the proposed route lias been
paid in. secured by a first general mortgage on the Grand River Valley
The route is virtually the same as that
adopted by the former Branch. The securities of the Vanderbilt roads are in high
parallel railroad to compete with the New York New Haven & favor with
capitalists.
The seven per cent' bonds of the
Hartford.
Michigan Central are now selling at about 121 on the New
Railroad Freight. Rates.—The
following are the new rates York Stock Exchange.
on east-bound
freights from Chicago, to take effect Nov. 10:
—The Leadville Mining Co. has just declared dividends
Nos.
4 and 5, on its capital stock of
Fourth
$2,000,000.
Dividend No. 4 is paid
Grain.
Class.
out of the earnings for
Flour.
To Buffalo
September, and amounts to one per cent.
*22L>
•25
•45
To Albany
Dividend No. 5 is paid out of the October
35
•40
earnings, and also
•70
To Baltimore
amounts to one per cent.
-37
•42
The aggregate for both months is 2
•74
To Philadelnhia
*38
•43
•70
per cent, or 20 cents on each share of stock.
To New York
November 10 is
*40
•45
•so
the date for payment.
To Boston
•50
•90
—Mr. Stuyvesant Fish,
Southern Minnesota.—This railroad has
Secretary of the Chicago St. Louis &
just filed its annual New Orleans
returns in the office of the Railroad Commissioner
Railroad Co., gives notice in our
in Minnesota.
advertising
The road commences at La
Crosse, Wis., and runs west through columns that the valid first mortgage bonds of the Mississippi
Southern Minnesota for a distance of 198
Central Railroad Co., due Nov. 1, 1879, will be
paid at the
miles, and is projected
to the western line of the State.
company’s office, No. 31 Nassau street, New York city. Inter¬
The business of the
company est will cease after above date on these bonds.
for the year ending June 30, 1879, was as follows:
-
1879.
Cross earnings
Operating
Net
expenses
earnings
1878.
$853,148
$534,426
359,643
•
$493,505
272,422
$262,004
In explanation of the above
figures, it must be stated that the
road passes through a
country that was
prostrated
by the
frasshopper
scourge. prosecuting
The company,
notwithstanding' this
epression, is vigorously
the extension of its road
westward, and next year’s returns will
attest the
reward of its energy and perseverance under
difficulties.
Vermont & Canada —The annual
meeting of stockholders
ratified and confirmed the action of the
directors in
no^doubt
mortgage for $500,000, dated October 1, 1879, the issuing a
object of the mortgage being to retire bonds of theprincipal
trustees
and managers issued in
1871, endorsed
ada Company, known in the markets by the Vermont & Can¬
as the Vermont Central
and Vermont & Canada
guarantee notes.
Wisconsin Valley.—The Boston Advertiser
says
of this
road:
The considerable sales of the common and
preferred stock of
this road in the Boston market
recently have called attention to
it and given rise to
many inquiries as to its condition. The
road was chartered in 1850 and
opened in 1874, and is
“
miles in length,
he road lias
nearly 90
running from Tomah to Wansau, Wisconsin,
a
capital stock of $600,000, and issued about
I
—The
well-known house of Messrs. Prince &
Whitely, 64
Broadway, has just opened a separate department for the
purchase and sale of mining stocks in San Francisco and other
markets, under the management of Mr. H. C. Logan, late of
the San Francisco Stock
Exchange. The mining interest will do
well to take
notice of this fact.
—The Denver South Park & Pacific Railroad first
mortgage 7
per cent gold bonds, are offered in limited amount
by Messrs.
Winslow, Lanier & Co. It is exceptional now that a loan is
offered bearing so good a rate of interest as this, and the bonds
are secured on a road
belonging to the famous Colorado system.
—The holder's of the 2d
mortgage preferred bonds of the St.
Louis Alton & Terre Haute RR. Co. will take notice that cou¬
pons of series D, due May 1. 1873, will be paid at 3d National
Bank on and after 31st inst.
—Messrs.
Jesup, Paton & Co. give notice in another column
paid by them on Nov. 1, which
of the various coupons to be
investors will do well to notice.
—Parties holding Cincinnati Wabash &
Michigan Railroad
bonds will do well to call on Mr. Floyd Clarkson, 71
Broadway,
New York city, at once.
—An advertisement in this issue of the Chronicle calls for
Vols. 1, 2,11,13 and 15 of this journal, for which a
good price
is offered.
November 1, 1879.]
THE CHRONICLE.
jgfcje jgmtketV dagjettje.
No National Banks
Closing prices
Interest
Periods.
V
I
»
E N
D K
.
6s, 1880
6s, 1880
6s, 1881
6s, 1881
5s, 1881
5s, 1881
4*28, 1891
4*28, 1891
4s, 1907
4s, 1907
6s, cur’cy,
6s, cur’cy,
6s, cur’cy,
6s, cur’cy,
68, cur’ey,
The following dividends have
recently been announced:
Per
Cent.
Company.
Railroads.
Manchester & Lawrence
Nashua & Lowell
N. Y. Prov. & Bos.
(Ston’gton) quar
United N. J. R.R. &, Canal
(quar.).
Banks.
American Exchange Nat
Nat. Bank State of New York
Nat. Mechanics’
Banking Ass’y...
Union National
Mlsce laneous.
Oregon Railway & Nav. (quar.)...
Prov. <fe Stonington S. S.
(quar.)..
$1
3
5
5
3
2
$2 50
3
3*2
2
4
2
3
Pullman Palace Car (quar)
Money
When
Books Closed.
Payable.
(Days inclusive.)
or
Cedar Rapids & Mo. River
(quar).
Gin. San. & Clev. pref
Concord
Tlie
at the N. Y. Board have been
organized during the past week.
II I
Name of
45%
2
Nov.
1.
Nov.
1.
Nov.
1.
Nov.
1.
Nov.
I.
Nov. 10. Nov. 3 to Nov.
On dem.
r
-
Nov.
Nov.
Nov.
Nov.
1.
10. Oct. 31 to Nov. 9.
1. Oct. 29 to Nov. 1.
1. Oct. 29 to Oct. 31.
and
*
1*.
J. 10438 *10438 *1043g
& J. ‘101*41*10438
*10430
& J. *10o38
*10538'U0538
& J.
10538'*10538*10538
-Feb. 1O2*4'*1O2*0I
102*4
-Feb. *10338 ‘103*4
10338
-Mar. *105% **05% *
105%
-Mar. *105341*10534
105%
-Jau.
1021s1 102*4 *102*6
-Jan. *102*8 *102*8 *102*6
& J. 121
*121k» *121*2
& J. *121V *122
*122
& J. *122
| *122*2 *122*2
<fc J. 123
*123
*123
& J. *123
i *123*2 *123*2
I
This is tlie price bid:
uo
sale
was
Oct.
29.
Oct.
Oct.
31.
30.
*104*2
*104*2
105*2
105*2
*102*6
"103*4
*104*2 1043a
*104*2 *104*2
1053s 10538
10530 105*4
*102*4 102*4
*10330 *103*4
*10578 *105% *10578
1057b 10570 10534
102*4 102*6 102*4
102*4 102*4 102*8
*121*2 "122
*122
*122
*122*2 *122*4
*122*2 *123 I *•122*2
'123
*123*2 123
124 I 123*2
made at the Board.
Rango since Jan. 1,1879.
Lowest.
HI.
Situation.
The
financial circles is well
6s, 1880-1.. cp.
5s, 1881
cp.
4*os, I891..cp.
4s, 1907
cp.
6s, cur’ncy.rog.
witnessed
occasional reactions, both in stocks and
merchandise. There is
revulsion in sentiment,
however, and we find a generally
stronger feeling now than when prices were far lower, some two
months ago.
Amount Oct. 1, 1879.
Highest.
Registered.
103*4 Aug. 29 107% June 23
1017s Aug. 27 107*2 Jan. 15
104
Mch. 21 108
May 21
99
Apr. 1 103*2 May 21
4 128
119*e Jan.
May 31
Coupon.
$205,720,650 $77,015,700
275.245.400
166,139,750
233,194,950
83,860,250
472.862.400 264,294,650
64,623,512
securities in London for three weeks
past and
the range since Jan. 1, 1879, were as follows:
no
Closing prices of
Oct.
17.
The
imports of gold from abroad are still very
heavy, and esti¬
mates place the amount
likely to be brought in during the
balance of the year at
$25,000,000 or more, so that the activity
and buoyancy at the
Stock, Produce, and Cotton Exchanges, so
far as stimulated
by the accessions of gold, may have cause to
Oct.
28.
follows:
Financial
extraordinary activity in commercial and
kept up, although it is noted that the past week has
1895..reg.
1896..reg.
1897..reg.
1898..reg.
1899..reg.
Oct.
27.
follows:
The range in prices since
January 1, 1879, and the amount
of each class of bonds
outstanding Oco. 1, 1879, were as
Nov. 15. Nov. 1 to Nov. 15.
Nov. 10. Nov. 3 to Nov. 10.
Nov. 15.
FRIDAY, OCT. 31, 1879-5
Market
10.
reg.
coup.
reg.
coup.
reg.
coup.
reg.
coup.
reg.
coup.
Oct.
25.
as
Oct.
oc Ol W O OCrtSDOl
State and Railroad
31.*
Lowest.
Highest.
1
j
U. S. 5sof 1881...
U. 8. 4*28 of 1891.
U. 8. 4s of 1907...
show still further
development.
The money market has
Rango since Jan. 1, 1879.
Oct.
24.
r
105% 105 July 16 109% Jan. 4
109*2 106*2 Mch. 24 110 May 2
105*2 101
Mch. 26 IIO534 Oct. 22
Honda.—The Southern State
bonds
are
generally strong, and to day Louisiana consols closed at 43|. . In
Virginia the hot political contest over the debt question still
again shown much stringency on stock on, but the best men
goes
of the State are in favor of
business, and this is attributed in part to natural
sustaining
the
McCulloch
causes, such as
compromise bill, and it is believed that a
the calling in of
large
money preparatory to the interest payments on majority will vote in favor of it.
November 1, and in part to the
Railroad bonds arc held
very firmly, and nothing which has
agitation of the subject of the
any soundness cun be bought at low prices.
certification of checks for parties not
The speculative
haviDg funds in bank at the bonds have been a little less
time of certification. The
active, and Erie second consoli¬
Comptroller of the Currency proposes dated close at 84£.
to
put in force
now
bank act, which
for the first time the
provision of the national
clearly forbids such certifications, and if the
practice is an evil the question naturally arises,
why has the law
never been enforced
during the previous ten years of its exist¬
ence ?r It
may be well and desirable in the interest of conserva¬
tive banking to enforce such a
law, but to treat the matter as a
dead letter until stock brokers and
bankers have based all their
operations upon the idea of its
non-enforcement,
then
and
to
the pressure and attempt to execute it at a time of
extra¬
ordinary activity in the stock market, is certainly a
great injus¬
put
The
10
35
30
*
*
The relief from
attending the present methods
stock
of
transactions, may be found in the establishment of a
rational system of stock
clearings, and the energy and ingenuity
of leading men in financial
circles here will not be baffled in
fixing upon a system that will ultimately work to the satisfaction
of all parties interested.
The departure would be far less than
the radical change which
took
first
place when bank clearings
inaugurated.
were
The rates for
money have been high, and very little stock
business has been done below'
6@7 per cent, while commissions
of 1-16 to £ of one
per cent a day have been paid
by borrowers
on the lower classes
of stock collaterals.
Government bond
i : ulers have been
supplied with money at 5@7 per cent. Prime
commercial paper sells
readily at 5 £(&()£ per cent.
'The Bank
<
we e sold at
Shares.
Germania Bauk
.101
Joseph Dixon CruoibleCo 70
American Fire Insurance. 130
Star Fire Insurance
109
auction
1
Bonds.
Y. Lake Erie & W.
RR. income (issued for
,
$2,400 N.
10
6 N. Y. Equitable Ins
165
6 N. Y. Bowery Fire Ins.. .201
40 N. Y. Equitable Ins
163*4
225 Pac. & Atl. Tel. 4 per ct.,
assessment
%
stook).... 65
2,000 Jersey City 7 p. c. rev¬
enue, due 1886
93*2
37,000 8fc. Joseph & Pao. RR.
2d mort. 7s
55%
on
•
17,500 Kansas & Neb. RR. 2d
dividends guar, by West.
mort. 7s.,
?.
47%®47*2
Union Tel
513a <-10,000 Erie & Pittsb. equip8 Franklin & Emporium
ment mort., duo 1890... 90
Fire Insurance
127
15,000 Warren RR. 2d
on
tice to this branch of the business
community.
the difficulties and hazards
following securities
mort.
Bonds.
$1,000 State of Tennessee 5
p. c., due 1872
26*2
8,000 St. Louis Vandalia &
Terre H. RR. 2d mort.
guar, due 1898
..102
7s, due 1900
..108
10,000 Rock. & State Line •
RR. 1st mort. 7s
143,000 N. O. Mobile & Texas
RR., 8 p.c. income, May,
1875, coupons
on,
87*2
for...$89
Closing prices of leading State bonds
the
for two weeks past, and
range since Jan. 1, 1879, have been as follows:
States.
Louisiana consols
Missouri 6s, '89 or ’90
North Carolina 6s, old
Tennessee 6s, old..
Virginia 6s, consol
*
This is the price bid;
Oct.
24.
31.
44
43*2
*25
no
*86
*33
sal-e
36
Highest.
July 24
103% Mck.
*37*2
*85
“33
18
Feb.
30
Aug.
1 73% June
i 37 Sept.
84*4i 79*2 Jan.
was made
of
Lowest.
"25
38*2
do
do
2d series.
District of Columbia 3-65s...
Rango since Jan. 1, 1879.
Oct.
69
Jan.
5 107% June
8 26
Oot.
20 42 Feb.
20 73% June
Mch.
25 44
3
6
10
25
13
20
28
88% May 23
at the Board.
England statement on Thursday showed a decrease
Railroad aod Miscellaneous
stock*.—The stock mirket
£1,160,000 in specie for the week,
and tbe percentage of has been rather less active, upon the
whole, and a little unsettled
reserve was 48
per cent, against 49£ the previous
week; the dis¬ by the stringency in the money market. The most important
count rate is
unchanged at 2 per cent. The Bank of France news of the week, so far as concerns new
showed a decrease in
combinations, was the
specie of 21,150,000 f/ancs.
report that the Wabash consolidation had made an
The last statement of the New York
agreement
City Clearing-House banks, with Mr. Vanderbilt by which traffic east and southwest
issued October 25, showed a
from
decrease of $1,362,675 in the ex¬ Toledo is to be
exchanged over the respective roads. ,A combi¬
cess above their 25
per cent legal reserve, making a
deficiency nation between Messrs. Gould and Vanderbilt is of rare occur¬
in the total reserve of
$82,700, against a surplus ot $1,279,975 rence, and “ the street ” will har
ily look with confidence on the
the previous week
agreement until they have seen the practical working of this
The
following table shows the changes from the previous week arrangement. Another
announcement, or rather rumor,
and a
of
comoarison with the two
1879.
Oct. 25.
Loans and dis.
Specie
Circulation
Diifer’nccs fr’m
previous week.
Inc
.
Legal tenders.
years.
1878.
Oct. 20.
1877.
Oct. 27.
.$1,927,800 $215,108,400 $236,287,400
27.682.600 Tnc.
22.448.700 Ino.
..
Net deposits
$269,433,300
preceding
1,299,000
161,900
231,668,000 Dec. 1,137.300
30.151.700 Dec. 2,946.000
19.860.500
17,322,400
19,889,700
16,726,000
211,096,700 •193,848,700
39.962.500
39,235,100
United States
Bonds.—The market for Government bonds
fairly active business. There is no particu¬
larly new feature, and the Comptroller of the
Currency reports
has been strong with a
that a‘out $3,000,000 of
national banks this month.
new
circulation has been issued to
says
that the St. Louis Iron Mountain & Southern has
joined
forces
with the Texas Pacific and that the latter road will
be pushed
forward to the west coast without Government aid. Still
another
report comes in apdispatcli from the West that the St. Louis &
San Francisco will command
$20,000,000 of Dutch capital to push
across the continent.
The magic word now in railroad circles is
“trans-continental,” and in Jay Cooke’s Northern Pacific
days
the word “Duluth” had not half the charms
for procuring
loans which trans continental now has.
The market has been
strong as a rule, and the Vanderbilts, the
Gould stocks, the coal stocks, and some
others, have advanced to
higher figures than had been
some
reaction in consequence of
strong.
made before this w?ek. After
tight money, prices dose pretty
4T> 1
The
daily highest and lowest prices have been
Saturday,
Oct. 25.
Monda
Oct
Tuesday,
pref.
do
pref.
Chic. R. LAP.
Chic. St.P.&M.
Clev.C. C. Al.
©ol.Chic.A l.C.
Bel. A H.Canal
Del.Lack.A W.
Can. A St. Jo..
do
pref.
Illinois Cent...
Kansas Pacific
Lake 8hore....
Louisv.A Nash
*103
*
....
103
149
103#
148
40#
67#
16*
74#
83*
31*
09
59
148*
17#
81#
If1
01
i
97# 97# 97#
84
84
97# 98#
71* 72
.
..
85
:
SB
29
35
33#
50
54#
3*
90
S* s«
3#
91# of4
50#
59#
09#
3*
92#
57#
104# 102# 104
uid and asked;
Sales of
no
Chicago A North w...
do
do
pref.
Chic. Roefc lsl.A Pac.
Chic. 8t. P.A Minn/.
Clev. Col. Cin. & Ind.
Col. Chic.A Ind. Cent
Del. & Hudson Canal
Del. Lack. A Western
Hannibal A St. Jo
do
do pref.
Illinois Central
Kansas Pacific
Lake Shore
Louisville A Nashv..
...
£ l
85
81
92*
20
100
129
30#
00*
24*
35*
71#
27#
34V
55V
3*
92
00#
38*
62* 65#
34# 30
59# 61*
22# 24#
^34* 35#
pref.t
Ohio A Mississippi...
Pacific Mail
Panama
St. L. I. Mt. A South.
Bt. L. K. C. A North.
45* Jan.
33% Jan.
75
Mch.
1,598
2,155 Ill % Jan.
108,210
34% Jau.
2.058
146.960
4.290
74% Jan.
49% Jan.
76% Jan.
1,187 119
Jan.
4,085
21
8,244
May
34% Jan.
5
38
43
16,690
46,318
155,402
57,370
17,525
2.910
5,224
131,859
Jan.
Jan.
Jan.
13* Jan.
34
42
68
20
do
pref.
St. LAB. Francisco,
do
pref.
do
1st pref.
Butro Tunnel
Union Pacific
Wabash
Western Union Tel..
*
58,470
03
98
05
34* 30
59
00#
23
34#
180
42# 44V
67* 09J
44#
71
27
26
32
52
32* 33#
54* 54#
3#
3*
90
91#
57# 60
27
33*
54
3#
90
3*
92
57# 59#
103# 105*
in prices for 1878 and
Jan.
3 77%
2
80*
3 90%
7 124
4 75%
4 101%
3 00%
3 104 34
Range for
1878.
Low.
23
27
28
21
29
Oct.
Oct.
Oct.
Oct.
Oct.
Sept.
Oct,
Oct.
8 148% Oct.
5
2
4
2
2
4
10
44# Aug. 30
7% Jan.
4
10% Jau. 13
81% Oct.
9o
Oct.
27
37% Oct.
30
51
71
20
61
Oct.
Oct.
Oct.
% Oct, 30
98% Oct.
20
85* Oct. 28
65
Gal.Har. AS. Au.July
Gal. Horst. A H..August
Grand Rap.A Ind.September
Grand Trunk. Wk.end. Oct.18
Gr’t Western. Wk.end. Oct. 17
Hannibal A St. Jo. 3d wk OcL.
Houst. A Tex.C...September
98,580
37,317
132,191
213,880
35,859
103,172
IllinoisCen.(IlJ.). September
do
(Iowa).. September
542,575
Oct.
2 182
2
52
2
46
2
71*
8
29
3% Jan.
21
35
4% Jan.
9% Jan. 23 56
2% Jan. 16
4%
95
57% Jan. 31
9.910
32,760
187,725
109,024
Oct.
Oct.
Oct.
Oct.
Oct.
Oct.
Oct.
Mch
Oct.
17% Mch. 13 60% Oct.
88% Aug. 4 116
June
Range here given is from May 5.
Total sales of the week in
Out. 25.....
"
27
«
28
29
*
6,600
,50.314
24,730
*•
30
23.570
13 150
«
31....,
13,465
St.
Paul.
leidlng stocks
14,510
18,050
9,854
34,600
19,400
11,766
west.
10,400
9,000i
15,850
63,125
29,500
19,085
Wisconsin Valley. 2 wks Oct..
38
45%
13%
45*
6H% 85
99* 114%
27% 54%
84%
4*4
^32% 55*
593t 79%
98% 122
23
33*
2%
34%
6%
21%
59%
61%
16%
41%
72%
87
41
10
4
12%
71%
were as
follows,
Uu.Tel.jE. AW.
11.350
20,712
15,400
foreign bills show
6,979.217 7,033,889
3,444,896 3,645,266
1,458,585 1,582,674
1,987,084 1,705,552
3,979,257 4,097,414
90,345
52,143
332,555
495,299
135,087
51,764
53,367
365,440
Pax*is ('raucs)
Antwerp (francs)
Swiss (francs)
:
Amsterdam (guilders)
Hamburg (reichinarks)
Frankfort (reiclunarks)
Bremen (reichinarks)
Berlin (reichinarks)
The
following
Sovereigns
Napoleons
59,330
21,075
6,300
0$4 85
4 72
3 90
Spau’h Doubloons. 15 55
015 70
Mex. Doubloous..l5 55 015 65
Fine silver bars
1 15% 0 1 16%
and
follows
:
Demand.
days.
^4.83%
4.82*04.83
4.82 04.82*
4.83
4.*l
94 %0
9434 0
95
95
94 34^> *95
94*
Tt)
04.82
5.23% 05.21
5.23% 05.21%
5.22% 05.21%
40 0-40%,
94%0 95
..
Dimes * % dimes.
Silver *s aud %s.
Five francs
—
99% 0 —par.
9 i%0 —par.
—
92
Mexicau dollars..
—
...
—
0
—
95
90%0 — 92
English silver
4 75 0 4 83
Prus. silv. thalers. — 68
0 —« 70
Trade dollars
—
99*0 — 99%
Fine gold bars....
par.0*prem. New silver dollars — 99% 0 par.
Banks,—The following are the totalB of the Boston
banks for a series of weeks past:
Boston
Loans.
Specie.
$
t
Junei 2..
129,489,000
9..
10..
23..
30..
7..
129,973,500
44
44
130,510,500
130,963,000
130,583,300
134,824,800
129,931,700
128,600,500
127,800,500
128,035,500
129,133,000
130,578,100
131,174,200
14.,
21..
28..
Aug. 4..
11..
18..
25..
Sept 1..
8..
44
15..
44
22..
44
4 4
44
given below. The statement includes the gross earn¬
ings of all railroads from which returns can be obtained. The
eolumns undei the heading 4‘ Jan. 1 to latest date” furnish the
gTOss earnings from Jan. I to, and including, the period men¬
same,
quotations in gold lor various coins:
$4 82
3 83
X X Reichmarks.
X Guilders
.
The total number of shares of stock
outstanding is given in the
last line for the purpose of comparison.
The latest railroad earnings and the totals
from Jan. 1 to latest
the
4.80*6 4.8112
4.80 6) 4.80*
4.79%3>4.80
4.7S%«4.79%
5.25%® 5.24%
5.26*&5.25
5.25
2-5.23%
39 %©
39%
94 'fb 94 #
94 ®
94*
94 @ 94*
94
0 3 85
0 4 78
0 4 00
(4
36.200
are
as
60
Documentary commercial
44
49,272
remains about
Prime bankers’ sterling bills on London.
Good bankers’ and prime commercial...
Good commercial
40 600
25.550
situation
no
October 31.
24,900
37,402j 67.900
9,462
Quotations for foreign exchange are
13,127,149.900
13.645 98.298
27,850
37,100
12.495
count.
13.000 105,300
Total.
131,r*59 108,210 146,960 155,402 109,024 528.020 187,725
Whole stock. 49 1.665 154.042 149.886 524.000 410.291 780,000 160,000
dates
198.487
112.873
230,250
higher prices. To-day, bankers’ (iO- day
bills sold about 4.8*4:. and demand bills at 4.88. Cable transfers
at 4.83£.
Silver in London is quoted 58|d.
In domestic bills the following were the rates of exchange on
New York at the undermentioned cities to-day : Savannah—
buying 3-16 off, selling 1-16 off; Charleston—plentiful, buying
\y selling £(t£par ; New Orleans—commercial, 250(^-i00 discount,
bank 100 discount; Chicago—weak, 80 discount; Boston—35 dis¬
July
..
\t\
281,330
Consolidated road.
Exchange.—The
Del. L. West’m'N. Y. L.
Wabash
A West.
6 J ,000
24,840
22,lo0
83.877
..
t Range from July 30.
North-
-v
144,766
1,028,414 1,144,387
Int. A Gt. North..3d wk Ort..
52,079
1,222,021 1,089,931
Kansas Pacific
1 st wk Oct.
147,900 107.C77
I .ouisv.Cin. A Lex.September
105,7(9
86,971
Mo. Kans. * Tex. .3d wk Oct..
93,420
82,454 2,440,800 2,335,145
Mobile A Ohio....September
158,532
91,403 1,219,205 1.237,992
Nashv.Ch.A St. L. September
157,363 123,497 1,271,021 1,188,032
N. Y.L. E14 e A W.. J u iy
1,273,532 1,157,690 8,938,324 8,289.356
N. Y. A N. Eugl’d September
216,421
89.180
Northern Part tic. September 258.000
123,000
Ogd. A L. Champ.September
59,000
53,802
Pod.A Elrtabetlit.2d wk Oct..
8,739
0,192
230,650
249,381
Pad. A Memphis. .2d wk Oct..
1,347
2,650
117,672
142,577
.September 3,336,528 2,858,646 24,516,212 22,819,918
Pennsylvania
Phila. A ''vie
September
319,770 288,084 2,190,781 2,025,890
Phila. A Reading. Sei*tember 1,374,013
779,481 10,834,482 8,840,418
St.L.A.AT.H.(brs)3d wkOct..
13,180
13,010
426,245
389,549
8t.L. Iron Mt. A S.3d wk Oct.. 182,575
155,518 3,791,284 3,371,213
St. L. A San Fran.3d wk Oct..
27,102 1,168,054
46,845
948,170
St.L.AS.E.- 8t.L..3d wk Oct..
58 ,922
18,299
17,995
522,706
'St. Paul A S.City 3d wk Oct..
31,778
27,173
868,619
854,681
Scioto Valley
September
28,125
29,151
230,942
203,724
Southern Minn.. .September
490,875
67,244
34,538
421,771
Tol.PeoriaAWar .3*1 wk Oct..
30.495
30,559
988,169 1,042,627
Union Pacific
21 dysOct. ,103,402
831,316
Wabash
3d wk Oct.. 146.480
109,n20 3,947.053 4,035,316
14
Lake
Snore.
1 to latest date,
1879.
1878.
ni-' Y'J. A St. P.3d wk Oct.. $292,000 $188,269 $7,400,000 $6,666,837
C^ic.ANorthw ...2 wks Oct. 628,493
6*6,830 12,144,013 11,625,068
Chic. St. P. A Mm.3d wk Oct..
30,729
22,676
856,0 L9
712,577
Chic. A W. Mich .2d wk Oct..
14,083
12,069
Clev. Mt. V. A D..Wd wkOct..
8,264
9,468
316,129
301,625
Dakota Southern.September
15,566
17,43 L
147,205
156,896
Denv.S.P’kA Pac. September
95,532
495,419
Dubuque* 8.City.3d wk Oct.24.719
21,128
670,742
763,170
Frank. AKokomo. July
4,580
3,088
22,953
19,003
High.
28
55%
31
35
39
29 58% 75
2:4
2
7%
23
67% 89
27 103% 115
24
7% 22%
10
21% 38
21
21
10
634 11*
31
12% 23%
9 112
131
27
5
15%
29
3%
7%
29
19
26%
27
1%
4%
27
1%
5*
27
5% 11%
17
5
3%
20 61* 73
29 12% 23%
11 75* 102
24% Oct.
38% Oct.
Jan.
Jan.
Jan.
25% Jan.
11,170
25
30
29
18
21
30
23
27
123
13
7
55,692
11,960
27,460
- -Jan.
1878
or
.NXiA
,
Highest
79* Mch. 26
9% Jan. 21
21,457
33,490
104,930
*,405
88#
80#
00#
103# 100
103# 100
sale was made at the Board,
Lowest.
6,750
83.330
71
15*
79
48" 50# 46* 49#
67
Jan.
6 101% Oct.
35
Feb. 13 76% Oct.
19,345
2 95* Oct.
Michigan Central
41,496
73% Jau.
Missouri Kan. A Tex. 103,425
4 30% Oct.
5% Jan.
A
Morris
Essex
3 102* Oct.
9,004
75% Jan.
N. Y. < ent. A Hud.R.
9.124 112
Mch. 24 133
Oct.
Jf.Y. Lake E. A W est 528,020
21 % Jan.
4 43% Oct.
o
do pref
11,900
37% Jan.
67% Oct.
Northern Pacific t..
16
ft 40% Oct.
Aug.
15,001
do
147
47
84#
99# 101#
75
73-* 70*
94# 91# 94*
28*
20# 28*
100V 100# 100#
131# 127# 130
39# 38* 40#
180
8*
98#
90*
104#
earnings reported.—*
Mo.
1879.
*
Shares.
.
as
59*
98*
119*
74#
09" 70*
97*
85*
35
73#
101
132
53#
*
15#
70#
85*
34*
58*
96#
Prices since Jan. 1,1879.
Week.
Chic. Burl. A Quincy.
Chic. Mil. & St. r
do
do
pref.
75
95#
28*
44*
147
79*
88#
37*
61#
97*
70
101# 99*
50"
49* fl*
43# 45#
67* 09
27* 28
Total sales this week, and the range
since Jan. i, 1879. were as follows:
Chicago A Alton
98
85
^34# 180
180
52
45
r
Ganada Southern....
Central of N. J
S3*
58
97
09
147.
47
71
15# 10#
17
79* 81
87# 88#
8ef‘ m
180
45*
70*
33«
59#
97*
85#
147
147
48
84*
98# 101#
JO.* 100*
72# 75*
73*
91
93
I 93
92#
20* 29
27# 20*
100
101* 100# 100#
130
128* 133
131*
38* 41*
63
03# 00*
35* 37* 35# 36# 35#
59# 61# 60
60* 59#
23# 24#
23* 23#
34* 36
35#
*
...
are tue prices
147
47
48
09
74
78
SP*
MSS
103*
59
Mich. Central.. 90
91
Mo. Kans. A T. 20# 27#
100
Mor. A Essex
101*
N.Y.C.AH.U. 120
120#
N.Y. L.K. AW. 40* 42#
do
pref. 05* 00*
Northern Pac. 34* 30*
do
pref. 59
00#
Ohio A Miss..
22# 23*
Pacific Mail.... 34
35
*
Panama
180
8fc.L Al.M.assd 45* 48
48*
St. L. K.C. A N. 37* 40# 40*
do
pref. 04# 60 I 65#
Bt.L. A 8.Fran, 23* 25# 20
do
33 i 32*
pref. 28
do 1st prf. 48
50# i 52
Butro Tunnel.
3#
3#j 3#
Union Pacific.. 89
91#! 90
Wabash
49* 52* ■ 53#
West. Un. Tel. 101
104
102*
•These
73
74# 70
73*
77
78* 75#
75*
99* 99* 99#
98*
122
120
120* 120
73
73# 73# 75#
74#
98* 98* 99# 99# 99# 97*
87# 87# 90
87* 90# 87#
103# 104# 103* 104
103*
17*
78*
90
89* 85
3:1
32* 35
58
90
82
Oct. 30.
79*
99*
148*
47* 49
67* 09*
10
13*
77* 81#
49
Week
Frida 1
Oct. 3
Thursd’y,
VOL.
/—Latest
follows:
as
76
97* 93# *98* 99
85* 87* 80# 87*
Chic. AN. W..
Wednes.,
Oct. 29.
Oct. 28.
Canada South. 74* 75* 70
70*
Cent, of N. J.. 70
78# 77# 80#
Chic. & Alton. 97
97
♦98# 100
Chic. Bur. & Q. 120
120
121* 122*
Chic.M.A St.P. 71* 73* 72# 73#
do
CHRONICLE.
L HE
29..
0..
Oct.
13..
44
20..
44
27..
r
129.447,200
127,747,900
127,793,200
126,748,000
126,027,300
120,225,100
126.903 100
123,015.000
130,491,300
L. Tenders. Deposits. Circulation. Agg.Cle&r.
%>
3.880.700
4.108.200
4.105.500
4,118,400
4.433.500
4.717.100
5.433.900
5.390.800
5,3*6,300
5.354.200
5,043,900
5.159.100
4,777,000
4.375.200
4,182,000
4.180.900
*45.803,800
*44,409,300
*42,945,000
*43,340,700
*43,853,300
3.271.400
4,034,000
4,379300
*43.664.300
*44.524.800
3,202,900
3,251.100
4.838,000 *45,828.300
4.931.500 *47,210.000
3,563,400
3,948,500
3,559,400
3,557,700
3,547,400
3,585,200
3,020,400
3,590,000
3,572,000
3.507,500
3,561,200
3,496,300
3,474,000
3,531,200
3,304,200
3.347,600
3.207.100
3,254 200
4.582.900
3,240,330
4.528.800
*43,895,000
*44,391,200
*43,997,000
*43,000 400
*44,795,300
*45,332,100
*45,858,000
*47,067,900
*40,772,700
*40,838,500
*40,854,900
*48,063,400
*48,907.100
26.437.800
20.569,000
26.704.100
26,075,100
26.578.300
20,640,000
26.915.300
20.538.700
26.572.500
26,035.200
26,700,000
26.749.800
26.832.100
26,981,400
27.117.800
27.197.500
27,370,900
27.545.100
27.830,200
27.973.000
28 146.900
28.372.700
44,033,227
51,829,031
49,413,57045,170,053
47,775,008
51,738,637
47,860,112
49,241,607
43,383.417
43,253,854
43,813,378
48,193.104
51,820,024
44.012,5 0
47,305,860
44.932,820
48,392.116
45,500.856
57.199.771
55.817.710
64.281,244
60,499,866
are
*
Other than Government and hanks, less Clearing House checks.
Philadelphia Banks.—The totals of the
are as
Loans.
t
-
tioned in the second column.
-—Latest earnlnes reported.—. ✓- -Jan. 1 to latest date.—
Week or Mo.
1879.
1876.
1879.
1878.
Atoh.Top. A 8. F.3d wkOct.. $203,500 $112 255
Atl. AGt. West...Aug ist
369,761
423,803
Atlantic Miss.AO.September 177,3 42
153,880 1,166,007
Bor. C. Rap. A N. 3d wk Oct..
34.860
2;#,62<» 1,14:,806
“
“
7
14
21
28..:
Aug. 4
...
*
1,196,143
1,228,963
1,323.869
Bur1.AMo.K.in N.lst wk Oct.
93.229
77,773 1,521,720
Cairo* 8».Louis .2d wk Oct..
6.564
4,936
201,454
181,519
Central Part fie... Septem her 1,723,000 1.769,477 12,5-9,241 12,863.95 L
Chee. A Ohio.. ..September 222.601
210,743 1,424,487 1,440,671
Chicago A Alton. 3d wk Oct,. 161.605 116,456 4.440,838 3,801.609
Chle. Burl. AQ...August ...1,315,559 1,632.207 3,819,621 8,996,425
Cbte. Obn. D. AM.September
41.077
34,352
CMe. AEart,. Ill.. 3d wkOct..
23,247
21,818
678,597
652,187
July
“
“
“
02.221,496
02,171,993
01,974,527
01,415.440
01.932,961
11
62.740,441
18.....
2
02 688,249
02.972,900
62.784.728
02,830,204
02,749.828
02,550,018
Sept.
1
*r
8
“
15
“
22
29
02039.944
“
Lawful Money. Deposits.
%
%
10,205,151
10,533,493
10.307,440
17,405.810
17,396.893
17,590,102
17,011,700
10,308,517
16.539.218
10,569 557
10,014,564
51,378,030
51,811,642
51,512,347
51,901,308
52.980.548
52,719,432
52,015,168
51,415,739
51,506.795
51,580,453
40,009.121
17,377.438
62.817,043
53,224 187
54,442.640
54,709355
«
••
03,558,250
17.500,784
17.687.922
13
64.700.995
17.235.900
“
20.....
27..,
65,042,232
00,274.801
10.240,119
15,639,404
Oct.
Philadelphia bank#
follows:
Circulation. Agg.Clear.
%
11.398,300
11,400,680
11,423.810
11,415,745
11,406,477
11,437,610
11,438,100
11,430,589
11.445.171
11,500,047
11.516 320
11,508.650
11.788.858
11,795,900
11,814.680
54,812,853
11.853,039
54,580,094
11,878,284
%
87,789,094
34,000,406
87,197.366
84.940.097
35,745,824
35,792,040
32,01
31,318,858
30,002,487
33.078.324
35.100,896
88.204.128
34.001.700
42.733 25?
44,106.7156
52,253.037
64.000,17E
November 1,
lorn
Mew
THE CHRONICLE,
1879. J
City Banks.—The
HIMDIV*
foJlowing statement shows the
condition of the Associated Banka of New York City for the week
ending* at the commencement of business on Oct. 25, 1879 :
Capital. Loans
and
New York
2,000,000
Manhattan Co
Merchants
Mechanics’
Union
America
Phoenix
2,050,000
Tradesmen’s..
Fulton
Chemical
Merchants’ Exch.
Gallatin Nation’l
Butchers’&Drov.
Mechanics’ & Tr.
Greenwich
Leather Man’f’rs
Seventh Ward...
State of N. York.
American Exch..
Commerce
Broadway
Mercantile
Pacific
Republic
Chatham
People’s
North America..
Hanover
....
Citizens’
Nassau
Market
St. Nicholas
Shoe & Leather..
Corn Exchange..
Continental
Oriental
Marine
Importers’ & Tr..
Park
Mech.
.
Bkg. Ass’n
Grocers’
North River
East River
Manuf’rsA Her..
Fourth National.
Oentral Nat
Second Nation’l.
Ninth National..
First National..
Third National..
793.100
815,200
822,600
108.100
8,200,000
300,(XX)
1,000
15.451.300
2,000,000
300,000
1,399,000
8,446,000
2,500,000
581,000
4.245.900
ll.102.50o
6.705.200
1.271.400
297.800
1.981.900
750,000
500,000
1,000,000
300,000
250,000
200,000
Bowery National
Chase National..
Total
351,000
1,000,000
1.205.200
1,000,000
324,000
600,000
ies,ooo
2,349,400
300,000
1,000,000
317.800
1,000,000
281.800
800,OtX)
194,000
800,000
30,000
200,000
12.500
600,000
323.700
300,000
104.200
800,000
199.700
5,000,000 12,379,000 1.889,000
5,(XX),(XX) 15,018.000 1,748,000
4,065,600
1,000,000
453.100
3,260,000
1,000,000
306,000
2.047.800
60.100
422,700
4.472.800
1,500,000
100.700
3.131.700
450,000
168.900
1.497.500
412,500
62,000
1,616,000
700,000
148,000
6.133.600
1,000,000
735,500
2.495,70U
500,000
238,00)1
3,000,000 13,311,000
955,000
1,638,000
600,000
139.800
2.006.600
11.200
1,000,000
2.454.200
500,000
95.900
500,000
1.907.700
70.500
3.275.000
486.300
500,(XX)
1,000,000
4.094,400
223,00)'
1,000,000
4.875.600
115.700
1.581.100
300,000
17.700
171.000
400,000
2,598,000
1,500,000 17,024,100 1.160.200
2,000,000 13,949,700 1,726,700
500,000
727,500
115.800
240,(XX)
250,000
100,000
N. York County..
Germ’n Americ’n
847,400
2,872,000
7,089,900
3,022.800
1.587.400
10.665.800
3.723.400
8.664.900
1.339.800
1,126.000
868,200
2.863.500
929.700
2,375.4u0
225 000
N. Y. Nat. Exch..
$
878,000
522.500
902.100
381.000
9.145.700
1,000,000
City
Irving
Metropolitan
9,02*3,100
5.786.500
6.731.100
6.681.500
4.378.400
2,000,000
2,000,000
1,2(H),000
3,000,000
Tenders. than U. S.
$
1.160.500
402,000
408.200
*
%
Net dept’B
other
Specie.
discounts.
750,000
1.289.000
1*130,100
2,131,000
300,000
2.390.100
182,000
298,000
138.200
200.700
681.900
2,474,000
6.481.500
1.873.800
1.172,400
10.703.100
479.900
208,300
131.600
898.700
353,000
554,1(X)
177.200
3.217.200
2.650.000
1,>584.100
1.931.200
2.938.500
1.431.000
80,000
1.431.200
680 700
5.779.600
2.250.800
9,979,000
l,531,(XX)
1.894.100
301.800
1,673,000
214.900
258,000
420,101*
310.500
343,000
168,000
1,139,600
250,000
485.000
3 418.100
2,150,000
49.800
5.500
116.200
36,000
150.700
69,4 (X)
90.000
2,226.100
1,141.000
430.000
208.000
220.200
410.500
392.500
152.700
247,000
372.400
123.700
123.800
424,000
Apr. 5...
Apr. 12...
Apr-19...
Apr. 26...
May 3...
May 10...
May 17...
May 24...
May 31...
7...
14...
21...
28...
July 5...
July 12...
July 10...
July 20...
2...
9--.
Aug. 16...
Aug. 23...
Aug. 80...
Sept.
..Inc..
179,800
989,600
401,000
5,400
588,800
350.600
2,240,000
450,000
4.700
4.858.200
780,900
1.424.900
2.611,000
17,966.;JC0
357.000
1,088.200
536,200
311,100
161,200
787.266
1,491.000
269,090
598,000
450,000
798.500
268.500
224,000
180,000
4.065.300
10,828.000
6.742.800
925.700
1.047,000
1.277.100
1.883.600
2,226,000
270,666
6...
are as foliow» :
Loans.
8pecie.
246.716.900
247,674,200
246.324.500
243.839.800
240.458.500
235.830.600
230.442.900
231.151.300
231,096,900
239.357.800
242.941.600
253.838.500
257.636.500
257.272.800
258.332.700
256,291,000
16,456,500
16,945,200
17,312,400
18,803,700
18,446,800
18,365,000
18.90J3.900
18,875,600
18,228,100
Sept. 1.3...
256.960.400
19.876,000
Sept. 20...
Sept. 27...
259.391,000
19,042,000
20,017.400
Ocx.
4...
Oct. 11...
18...
Oct.
20.149.100
268.701.800 22.566,300
267.505.500 556.383,600
Oct. 25...
269.433.300
42,65^1,800
213.429.700
213,293,100
210.503.300
206.591.400
198.945.600
193.121.700
195.303.700
200,255,000
204.514.200
214.331.700
224.937.200
230.424.700
227,345,000
225,754,000
226.963.300
44,a5l.900 227.316.700
43,859,400 220,177.000
46,902,600 226.113.600
49,544,600 230.007,300
51.301,900 241,328,800
50,508,900 240.154.300
54,288,100 243.383.000
57,655,100 254.770.700
50,4135,500 253.2J30.200
43,974,000 248.474.600
41,8:38.600 235.953.900
41,279,300 228.817.400
40,088,900 226.635.600
39,481,100 225.572.900
42,029,400 228,271,000
40,047.700 229,988,000
38,093.500 231.9530.700
36,438.500 232,780,500
33,097,700 232,805, .‘300
30,151,700 231.668.000
27,682,(XX)
*
Deposits. Circulation. Agg.Clear.
40,59*3,800
39,173,400
36,972.600
34,268,900
31,815,800
36,145,400
40,672,100
45,224,500
49,440,500
53,576,700
49.150,900
43,284,900
41,791,400
42,822,800
18,516.200
161 9oO
series of weeks past:
a
L. Tenders.
18,745,600
18,763,900
18,802,400
18,785,400
18,996,700
18,780,900
255.901.600 19,296,900
253.575.500 19,666,400
257.082,500 19,889.600
262.951.900 19.971,500
262.719.800 20,011,700
260.582.600 19,927,600
267.280.100 19,652,400
272,936,000 19,624,100
274,311,000 19,553,200
263.570.100 19,031,100
258.160.300 19,684,700
257.386.800 19,753.800
260.763.700
266.364.300
..Inc..
2,946,000 1
the totals for
are
Dec. *1,137,300
Circulation
1,299,000
Dec.
following
1879.
Mar. 1...
Mar. 8...
Mar. 15...
Mar. 22...
Mar. 29...
Aug.
449,000
2.631.600
Inc..fl.92?,800 | Net deposits
Specie.....
Legal tenders
Aug.
540.000
60.800 200 269 433.309 27 682 60)' 30.151.700 231.668.fKX* 22.448.700
Loans and discounts
June
June
June
June
2,700
473,100
37,800
653.400
825.900
1.382.500
89.700
22,000
11,800
198,000
1.896.800
1.452.900
365.000
14.623.100
7.174.000
2,636,000
10.232.400
19,236,000
19.835.200
19.290.900
19.512.100
19.635.500
19.696.100
19.721.200
19.707.600
10,083,100
19,688,000
19.685.400
19.856.600
19.869.400
19.977.800
20,056,800
20.156.200
20.371.800
516,297,775
501,321,270
400,417,429
413,892,738
399,872,657
461,180,057
423.259.559
487,843,450
503,108,030
546,798,625
591,290,770
598.236.201
529,996,936
439,7 0,395
472,828,088
450,084,041
456,961,901
432,735,690
20.542.900 432.520,408
20.509.900 391,835.789
20,531,000 481,691,057
20.549.500 494,794,747
20.594.800 491.715.201
20.682.100 560,030,583
20.719.500 605,012,052
20.827.500 482,688,369
20.942.500 476*563,861
21,372,300 452,,315,205
21.603.500 507.109,348
21.384.900 530.921.366
21.531.900
21.932.400
22,080,100
591.859.560
747.278.535
741,448.440
22.280.800 798.960,740
22,448,700 761,277.728
QUOTATIONS IN BOSTON. PHILADELPHIA AND OTHER CITIES.
Bid. Ask.
SRCTU BITI XB.
BOSTON.
Albany 7s
111
115
r
113*
I0i%
,
f
.
f
f
f
7#
63*
,
«
7s
....
STOCKS.
AtehBon
At hi o
Boston A
Boston A
Boston A
Boston A
A
Topeka
.
A Nebra»ka
Albany
Lowel-
Y.'V.Y.
Maine
Providence
Burlington A Mo. In Neb
Cheshire preferred
..
H3K Cm Sandusky A Clev....
Concord
Connecticut River
m
98
.,73,18..
d-»
,
92
....
99
Conn. A
*
Eastern (Mass.).
.
.
..
..
New
Yoik & New E
Oauensourg a Las*-
.
Io.
g. .s
Ch.bs
..i ;o7
.*
m
i
1
-.
17*'
••
•
i
fa
55*
id
10H
15*
.
.
K. C ct. Jo. AtOUttCil I„ff.
Manchester a Lawrence
Nashua A Lowell
..
50
24
.
121
...
.
1 y >t.. o A
1' 95£
1 < *
79-e, 80
118
J26
129
23
48
oi
rr
•
49
38
5s, reg. A cp., 191).
6s, gold. reg... .
7s,w’t*rln,rg. Ac
..
do
new pref
Delaware A Bound Brook....
East
Pennsylvania.....
Elmira A Williamsport
do
pref..
Joy A Lancaster
Huntingdon* Broad Top...
do
Har. P. Mt.
do
do
pref.
Lehigh Valley...
Little Schuylkill
Nesquehonlng Valley
Norristown
North Pennsylvania
Pennsylvania
Philadelphia* Erie
Philadelphia * Read ng
95
27
do
do
do
BALTIMORE.
do
do
6*
2b*
58/v
■
29*
do
Parkersb’g Br..50
Northern Central..
Western Maryland
Central Ohio,
....
...50
50
50
28*, Pittsburg * Connellsvllle..50
jw
RAILROAD
149
BONDS.
Balt. * Ohio 6s, 1880, J.AJ....
do
6s, 1885, A.&O.
.
N. W. Va. 8d in.,guar.,’85fJAJ
Pittsb.A Connellsv.7s,’98^ fcJ
Northern Central 6s, *85, ^&J
36
34*
..
11
.
RAILROAD BONDS.
is,
75
k
Allegheny Vai.,78*10s,l8®«...
do
do
98
....
31X
...
80*
6s. reg., 1907
6s, exempt, 1687....
«s, 1890. quarterly..
do
5s, quarterly.
48*
Baltimore 0s, iSSI, quart
do
6s, .866, J.AJ
do
0s, 189i), quarterly...
do
0s, park, 1690, y.—M
do
6s, 1898, M.AS
do
0
0s,exempt,’9S.M.48
do
11
0s, 1900, Q -J
do
08.
40
1902, J.* J
do
5s, 19 6, new
j
Norfolk water, 8s
56
RAILROAD STOCKS. Par.
530*
101
ltt
lOi* Balt.* Ohio
i-0
1st pr f
40* 50
do
2d
48
p-.f
48*
do
Wash. Branch.100
>4* 14*
pref...
Susquehanna
m.
Maryland 6s, defense, J.* J..
49*
Moms
do
pref
do
10W
6s, boat*car,rg.,19’.8
7s, boat*car,ig.,l9 5
Susquehanna 6s, coup,. .9.8.*
CANAL STOCKS.
Pennsylvania
Schuylkill Navigation
2d
100
108
108*
Pennsylvania 6s, coup., ’.910..
Schuylk. Nav.lst rn.6s.rg.,*97.
34
29*
Chesapeake a Delaware
Delaware Division
Lehigh Navigation
6s, cp.,’90.
110
7s, ’9
do
mort. RR., rg ,’9:
do m. co v. g., r* g.,*W
do mort. gold,’97....
do cons. m.7s, rg .191
Morris, boat loan, reg., i885.
40
13
Philadelphia* Trenton
Phila.Wllmlng. * Baltimore
PittsburgTitusv.* Buff.....
at. Paul & DuiuthR.K. Com
do
do
pref.
United N. J. Companies.....
West Chester consol, pref....
West Jersey
U5*
CANAL BONDS
«•«•
Mlnehlll
1st m.
1st m.
Chesap. * Dela lBt 6s, rg.,’86 80
Delaware Division 6s, cp./78. 81
Lehigh Navlga. m., 0», reg.,’84 io r
STOCKS.\
pref
90
Western Penn. KR. es.en.’.sog
do
6s P. B.,’90.
117
7s, itr.lmp.,reK.,M3-86. 103*
N. Jersey 6s, reg. and coup...
do
exempt, rg. & coup.
Camden County 6s, coup
Camden City 6s,coupon ....
do
7s, reg. A coup
Delaware 6s, coupon
Harrisburg City 6s, coupon..
?do
m.,6s,g.,1905
lnc.Al. gr ,7s 19iS
Union * Titusv. 1st m 7s, ’9t.
United N.J. cons. m. 0s, *94
Warren & F. 1st m.7s, ’96
West Chester cons. 7s, ’91.
West Jersey 6e, deb., coup.,’85
do
do
do
Camden A Atlantic
do
do
pref......
Catawissa.....
cons
83
ao
5s, cur.,reg
RAILROAD
mort., 7s, 1892-3
..
5s, new, reg., 1892-1902
112*
6s, 10*15, reg., l«77-’82. 101* 102
do
do
do
E. ext., 1910
do
6s.
1900, A.tfcO.
do 6s, gld, i9O0, J.AJ.
Cen. Ohio 6s, 1st m.,’90,M.A 8.
W. Md. 6b, 1st m.,gr.,’90,J.*J.
do
1st m., 890, J. * J...
do 2d m.,guar., J.A J....
2d in., pref
do
do 2d m.,gr. by W.Co.J&J
do 0s. 3d in., guar.. J.A J. 113
Mar. A Cln. 7s, ’92, F. A A ... 103*
do
2d, M. A N
<4>f
do
8s, 8d, J. A J
,39*
Union RB. 1st, guar., J. A J.. 110
do
Can on endorsed. 119
Inc. 7s, end.,’94
Belvidere Dela. 1st m., 6s,1902.
do
2dm. 6s.’8).. 105*
CINCINNATI.
3d m. 6s,’37..
do
Cincinnati 6s, img
Camden * Amboy 6s,coup,’83 105
do
7s
do
6s, coup., ’89
108*
do
7*80s
mort. 6s, ’89. .. U4
do
do
South. RR. 7’80s.
Cam. * Atl. 1st m 7s. g., 1903
do
do
6», gold
do
2d in.. 7s, cur., 1879
Hamilton Co., O., 6s. long...
Cam. * Burlington Co. 6s,'‘97.
ao
7s, 1 to 5yrs..t
Catawissa 1st, 7s, conv., M2..
do
7 A 7*308, iong.f
do
chat, m., 10«, ’88
Cln.A
Cov.
Bridge
st’k, pref.
do
new 7s 1900
Cln. Ham. A D. 1st m. 7s, ’801
Connecting 6s, 1900-1904...
do
2d m. 7s, ’85 r
Chartiers Val., 1st m.7s,C.,l90:
Cln. Ham. A Ind., 7s, guar...
Delaware mort., 6s, various..
Cln.
A
Indiana
.st
m. 7s
+
Del. * Bound Br., 1st, 7s. 1905
do
2d in. 7s,’i7.
East Penn. 1st mort. 7s, ’88
Colum. A Xenia, »st m. 7s,’9i‘
El.* W’msport, ist in.,7s, ’oO.
Dayton A Mich. 1st m. 7s. *8.+
do
5s, perp
do
2um.7s.’64.+
Harrisburg 1st mor* 6s,’81.
do
3d m. 7s, ’884
U. * B. T. 1st m. 7s, g >ld, ’90. 111
106
..
101
.
do
2d m. 7s, gold, ’95. Iu5
do
3d m. cons. 7«,’95*
Ithaca* Athene 1st g d, 7s.,’S3,....
112*
...
do
do
con.
do
do
do
do
88
80
116
6s, <g.,l9:o.
7s, rg^WlL.
de'an *, X P"r sin re.
$ fou. t - -fan
77 fun ed
*n
.
ill*
Little Miami stoex
47*
U0
112*
L,oulsvUle7s
4
do ’
6s,’82 to *87
4
do
0s,’97to’9»
1
do
water 6s,’87 to ’89 4
do
water stock 6«,’97.4
do
wharf 0s...
t
do
Bpeo’l tax 6s of ’89.4
Loul ville Water 6».Ce. I90i
Jeff. M.Ai.lstm. (IaM) 7s,’8 t
do
2d in., 7s
i
do
1st m.,7s, 1906 ..4
Loulsv.C.A Lex. 1st m.7*.’97(
.
0 , rg., 1905
6s. cp., 1905. 108*
.
..
Louts.* Fr’k.,Loui»v.ln,0*/8
ijoulsv. A Nashville—
.
m.
Dayton A Michigan stock..
do
b. p.c. st’k.gua
LOUISVILLE,
Navy Vard0s, rg.’ol
do cons.
Dayton* West. 1stm.,’«»...*
Little Miami 6s, *83
+ 100
Cln. Ham. A Dayton stock.
50
11-*
Columbus A Xenta stock....
104*
1)3
Pe n. o 6s. reg
Perklomen 1st m. 6s,coup.,’)
Phils. * Erie ist m.6s, cp.,'8*
do
2d m 7». ep.,’88 109
Phlia.A Bead. 1st ra.6s,’43.’44
do
’48-.4P.
d}
do
24 m., 7s, p . S:
do
deben., cp
43
do
do
cps. ot
60
do
scrip, 18)2.
do
In. m.7s, cp,1890
do cons. m. 7s, cp.,i9i«.
•
..
Ui.,6«,rg.,i92:) 10'd
es, p.,1) 3,io9* iuyu
gen. in
cons, in
cons. in.
•
.st m., 1905 f
lstm.es, 190 •95
Ind. Cln. A Laf. :st m. 7s.
77*1
do
(I.AC.) 1st ui.7s,’8fct 102
do
Pa.AN.Y.C.A RR.7s, 89»
Pennsylv., 1st in., 6s, cp., ’80.
do'
gen. m. 0s,cp..l9iO
•
86
do
...
Little Schuylkill, 1st in. 7s’*2
North. Penn. 1st m.6s, cp.,’85.
do
2d m. 7»,cp.. 96.
do gen. m. 7s, cp., 1)03. 112
do gen. m. 7s, reg., 903 112
Oil Creek ist m. 7s, coup.,’8;.
pittsb. Titusv. A B, 7s, ep.,’96
do
scrip
•
do
Junction 1stmoru6-,’82
1 ...
do
2d mort.6s, 190
Valley,
1st,6s,
1896
110
Lehigh
cp..
do
do reg., 189)... 110
do 2 i m. 7s, reg., 1910 ,|
•
r
..
do
do
Allegheny City 7s, reg
Pittsburg 4s, coup., 1913
S3
Phila. Wllin. * Balt. 6s, ’84
Pitts.Cln.&St. L. 7s, cou., ’600 10b*
22i*
do
do
••
7,rg.,l»i
ion* 100* Shamokin V.a Pott*v.7s, 1901
67
67* Steubenv. * Ind. 1st, 6s. 1884. 102*
27K 28
Stony Creek 1st in. 7s <907...
H7* Suiib. Haz. & W.,tst m..5s,’2(
57*. 57* Sunbury & Erie 1st m. 7s, ’97
^yra.Gen.A * ornV.lst, s,l “’5
Texas * Pac. 1st m ,6s, g.,1905
68,15*25. reg., l882-’92.
0u. In. Plane, reg.,137)
Philadelphia, 5s reg
do
6s, old, reg..
do 0s,n., rg„ prior to’95
do 6s,n.,rg.,1395& over
Allegheny County 58, coup..
139
4")
Eastern (New Hampshire)...
< Ity I aw ei.ee A 4o. 4*...
80* 61
Fitchburg
Barilo d tt Kri** -s. n«*w
4-’’* 45*| Ran. City T>r.tw stern...
103
K
Ka«.flty tft. Jo.&C. K..
C. 1 aw & B< uth r <
v* 1)*3>.
la1.
109*
57*
14-3
Passumpslc
107
»rt o
100
i)j
....
('Tile. Clinton Dub. A Min
,
...
Fort Fcot* A Gu f 7s
do
e
\»r
Fltcbbtrg RR ,6s
Cll; Tip. oe
*
\VM
.
Kau.
116
107*
140*
....
1
...
121* 121*
Bopton A Lowell 7s
Bos?on A Lou ell 6s
Boston A Maine 7s
boston A Providence 7“
Burl. A Mo., land erant7s..
do
Neb. 6s
do
Neb. 8s, 188)
Conn. A Passumpeic. 7>, 189..
EasTero, Mass., 4 -,n, new. ..
;109* i'X^
...*.
Rutland Cs,:st mort
Vermont «v Canada, new 8s.
Vermont A Mass. UR., 6s
2d 7s
11 * 114
land lnc. 8s.. 108*
fln
Bid. Ask.
SECURITIES.
113* jPuebioA Ark. Valley, 7s.... •io '>H
Atch. A Tcpeka let m.7s
do
land grant7s 113
do
do
Boston a
/
Old Colony, 7s
old ("olony, 0s
Omaha A ». Wesfern,8B
do
do
do
do
do
628.700
3.265.700
575,100
734.000
825,200
63*
STATE AND CITY BONDS.
531.700
261,800
247.000
3,9(X)
448.400
450,000
16.341.000
PHILADELPHIA.
Bid. Ask
Phll.AU.CoalAlron deb. 7s.«2
do
deb. 7s. cps.oft
Penna. 5s, g’d, int.,reg. or cp.
329,000
385.100
Vermont A Massachusetts..
Worcester & Nashua
794,700
1,492,900
403.100
Rutland, preferred
262,000
8.3K1.900
117.800
310.900
Pullma Palace Car
Pueolo A Ark nsas
1,100
589.400
298.700
commm.
to
272.300
44,500
135,000
545.000
208,000
155.400
Old Colony
PortlandBHCO A Portsmouth
Fort acott A Gulf, preferred
400
Etc. —Continued*
Phil.* R. cons.m.6p,g.l.l9ll. 102*
do conv. 7s, 1893*
do
7s, coup, off, ’93 52*
...
494.300
3.007,300
2,008,4)X)
1.132.500
938,000
737,000
2.215.300
862,000
1.701.500
8,503,000
The deviations from returns of previous week
The
290,300
3.937.600
5.266.600
5.268.700
40*
Ogdensb. A L. Champlain
do
pref..
%
3.571.300
6.991.900
ft V,
Bid. Ask.
8EOUBITIKS.
Circula¬
tion.
*
711.600
883,fXX)
745.200
943,000
P*«(L
New York A New England...
Northern of New Hampshire
Norwich A Worcester
Average amount of
Banks.
455
108
02
102
lot
I 2
1(2
l 2
m»5
100
10-4
>12*
118*
iOi
101*
no
Br 0s, ’86
t 102
-st m». Leb. Br. Ex.,7s,’60*85.4] 103
Lou. In.
do
0s, M3. +j._
!02
-Jefferson Mad. A Ind
Lcb
in'
iii*
45
83
NT.
6t. Louis 6*. lo g
do
•.gold
water0».gold
do
do
do
ao
..—,
stock.]lu3*J 104
LOUIS,
|
do
a<>
t* 104
....t1 105
l
new.f loo
bridge appr.
sopr*. k* 6s r 105
ren-wai,
i, gold, 6s.f ,c6
sewei, g. 6s, ’9 *2*3.4 ofl
it. Lonls Co. new park, g.fls.tTOl
do
cur. 7s
♦ v nd
*
.
l^WH
I0#3
il
456
THE CHRONICLE.
QUOTATIONS
V. S. Bonds and active Railroad Stocks
are
OF STOCKS AND
quoted
previous page.
on a
state:
Bid.
SECURITIES!.
Alabama—5s, 1883
48
48
48
48
5s 1886
8s, 1880
8s, 1888
8s, Montg. A Eufaula HR.
8s, Ala. A Cbatt. RR
-
i
•
Kentucky—t5s
1
...
.
.
.
...J
.
do
do
59k
Oedar Falls A Minnesota...
Chesapeake A Ohio
do
do
1st pref.
do
do
2d pref.
Chicago & Alton, pref
Chic. 8t. Louis A N. O
Clev. A Pittsburg, guar—
Dubuque A Sioux City
15k
59
—
o<k
120
120k j
59”
58k
129k
163
114'
Quicksilver
103k
17k
106k
50
41%
57k
53k
18k
54k
42%
..
95
5634
56%
....
28”
25”
31
156
....
pref.
Ontario Silver Mining...
Standard Cons. Gold Mining
Pullman Palace Car
41' ’
39%
100k
40k
29k
Railroad Bonds.
Stock.
Chicago A Alton—1st
Income
Sinking fund
Joliet A
Chicago,
Louis’a A Mo., 1st
do
St. L. Jack. &
mort.
1st
m...
m., guar
2d 7s, 1900.
-
44k
45
41
Con. sinkirur fund
2d mortgage
1st m.. 7s. I. A D. Ext...
P.-west div., 1st 6s. 1904
*
3d
iu..
4th mort...
IstTr’tCo.ctfs.ass.
"
do
suppl.
do 2d
*10334 106
2d
do
mortgage, pref
do
income
iS*
101J4 10134
*110k'H2k,
m.
St. P. A Sioux C. 1st 6s. 1919
Tol. Peo. A W—1st m., E.D.
1st mortgage, W. D
..
...
bonds. *110
102
115
,
2d.
2d
cons, coup.,
cons.
reg..
..
;n6
115
St.L.l.M.AS.—1st 7s,prf.int.
2d int., 0s. accum’lative
,
113k 114k'
no% in :
*37%
77%\
77
Mo.K.AT.—Cons.ass..1904-6
jllo
Miss.—Consol,
Consolidated
112
110
106
114
110
107k" 108k
...
Prices nominal.
103
9-2 k
106
H
60
88
43k; | Chic.A Southwest.—7s, guar
111
jCin. Lafayette A Ch.—1st in
jCin.A Spr.-lst, C.C.C.AI.,7s
1
1st m.,g’d L.S. AM. S.,7s.
93
C<»1. A
—
•
111
61
Union Pacific—1st
Land grants, 7s
Sinking fund
mort..
Registered. 8s
+ And accrued interest.
..
111k
63k
Gr'nd
:
Stock
—;
—
■.
Orleans—Prem., 5s
Consolidated, 6s
Railroad, 6s
Norfolk—3s
56
Savannnah—Cons.,
5s.
new,
RAILROADS.
Ala.AChat.—Rec’rsctfs.var
45'
50
102
110
E.Tenn.A Va.—6s,end.Tenn
E. Tenn. Va. A Ga.—1st, 7s.
Stock
100
.••••••••••••
.
2d mortgage. 7s
East Tenn. A Georgia—6s..
118
Georgia RR.—7s
6s
Stock
lOO'
65
95
60
Greenville A Col.—7s, 1st
.
7s,
guar....
jMemphisA Cha’ston—lst,7s
110
78
Mississippi Cent
—istm.,7s
I 2d mort., 8s
»6k Miss. A Tenn.—1st m., 8s, A
1st mortgage, 8s, B
N. O. A Jacks.—1st m., 8s...
110
Certificate, 2d mort., 8s...
Nashville Chat.A St. L.—7s.
1st. 6s, Tenn. A Pac. Br...
00
‘104
30
^
96
70
90
95
35
110
103
62
m.
Macon A Aug.—2d, endors.
10334
92k
103
no
102
100
60
80
80
,
5o
100
97
75
102
105
110
92
no
107
\M
15
to
25
15
16
30
55
45
90
90
30
34
30
105
105
112
108
74
100
105
40
112
75
98
77
95
100
101
45
110
86
90
65
100
85
105
110
1115
05
112
110
106% 10034
94%
1st, 6s, McM.M.W.AAl.Br.
Norfolk A Petersb.—1st, 8s.! 110
1st mortgage, 7s
105
;104
95
105
80
102
100
2d mortgagees
Northeast.. S. C.—1st m.,8s.
2d mortgage, 8s
106
Orange A Alex’a—lsts, 6s..
2<ls, 6s
3ds, 8s
".
96
jj Rich
4ths, 8s
!
1
,
.A I)an.—1st consol., 6a
Southw. Ga.—Conv., 7s, ’86.
Stock
8. Carolina RR.—1st m., 7s.
i 7s, 1902, non-enjoined
oWest Ala.—1st mort., 8s
I
7s
109% 11034; ifnt. H. A Gt. No.—Conv., 8s
j 112 i 112% Jefferson RR.—1st, 7s
113kjll4k‘ Kansas A Nebraska, lstm.
*112k' —li
do
do
2d m.
107
73
Atlantic A Gulf—Consol
Consol., end. by Savan’h..
32k .Cent. Georgia—Cons, m., 7s
80
I Stock•»••••«.
Charl’te Col.A A.—Cons., 7s
72
;
1
Indianapolis A St.L.—1st, 7s
Indianap.A Vine.—lst.7s, gr
i
! International (Tex.>—
1st,
10
10
25
40
35
80
80
28
31
27
100
100
109
new...
64
.
—
on
8s
R.AInd.—lst,7s,l.g.gu
1st, 7s, Id. gr., not guar...
1st, ex land grant, 7s
IIous.AGt.N.—1st,7s,g. 1900
110k Indiana Bl, A W.—1st in..
100 f
j 2d mortgage
j Incomes
—
6s,
2
113
100
53
55
70
70
70
5
15
Nashville—6s, old
Richmond—6s
9634
,
;
New
60
68
106
66
90
107
97
103
5
New 3s
67k
108
70
100
100
5^
Montgomery—New 5s
Petersburg—6s
'
110
99
102
106
Compromise
Mobile—5s, coupons
8s, coupons on
6s, funded
86
Hock.V.—lst,7s,30yrs +106
1st, 7s, 10 years
1+101
2d, 7s, 20 years
+101
....1125k: j Denver Pac.—1 st ,7s,hl. gr..g
124k;125 ; Erie A Pittsburg—1st m., 7s
112
j ....d Con. mortgage, 7s
85%. j 7s, equipment
*12014j
; Evansv. A Crawfordsv.—7s.
•••; Evansv. T.H. A (’hie.—7s,g.
112k Flint A Pere M.—8s, I’d gr’t
111
—! Galv.Hous.AH—7s, gld,’71
112
,
id" 80'
95
05
Bonds, A and B
Endorsed M. A C. RR
RAILROADS.
1
State Aid bonds
Land giant bonds
I 101%
101k
Western Pacific bonds.. *103k
T03k
South. Pac. of Cal.—1st m.
lO'j''
Columbus, Ga.—78, bonds..
Macon—Bonds, 7s
Memphis—Bonds, C
82
108
106
97
60
92
55
....
si"
....
80
107
100
97
79
304
i
{Brokers' Quotations.)
96k
STATES.
103k; N.
Carolina.—New 4s
64
106k;
80
103341 So.Carolina—Con., 6s (good)
Rejected
(best
sort)
114k;
M.AS, +10*3
Texas—6s, 1892
7s, gold, 1892-1910.. J.& J. +111
7s, gold, 1904
J.AJ. +112
10s, pension, 1894...J.AJ, f99
Virginia—New
10-40s
52
95
CITIES.
Atlanta, Ga.—7s
100
{Brokers' Quotations.)
1
2d consolidated
1st in., Springfield div
Pacific Railroads—
110
112k
Central Pacific—Gold bds.
j 112k 112*54:
San Joaquin Branch....
! 111
112 j
Cal. A Oregon, 1st
•
110
86k
42k
104
100
05
106”| Southern Securities.
7s, F. L
*....
91
91
88
mortgage, 7s (pink)—
Augusta, Ga.—7s, bonds
Charleston, S. C.—Stock, 6s.
31
109%
+90
104
117
117
55
02
58
58J4
00
85
....
80
107
8s
Water works
57*
80
100
80
55
30
87
...
Miscellaneous List.
....
....| 92% j
10134:102 i
1st
26k
88*
.
Extension
Texas A Pac.—1st, 0s, 1905.
'••yb
Consol. 6s. 1905....
78 ,
Income and land gr’t, reg
Tol. Can. S.A Det.—1st, 7s, g
30%' Union & I,oga ns port—7s.
63
j U. Pac. South Branch
'
Atchison A P. Peak—0s, gld
•
Bost. A N. Y. Air-L—1st m.
'Cent, of la.—1st m., 7s, gold
'Chic.ACan. So.—1st m.,g.,7s
'Chic. A East. 111.—1st ra., 0s
I 2d mortgage, inc., 7s
’Chic. St.P.A M’polis—1st.6s
Land grant Income, 6s.
class C
South Side (L. 1.)—1st mort
Sout h Minn.—1st
m.t 7s, ’88
'120
1110
7834) 79
..
....
102
J
INCOME BONDS.
Central of N. J., 1908
do
new;*l!l
Chic. St.L.A N. 0.,2d m.,1007
Buffalo A Erie, new bds
112
Leh. A Wilkes B. Coal, 1888
Buffalo A State Line, 7s..
,Lake Erie A W’n Inc. 7s,'99
Kal’zoo A W. Pigeon, 1st.
bLaf. Bl. A Mun. Inc. 7, 1899
Det.Mon.AT.. 1st, 7s,’1906*l 12k 11434 Mobile A 0.1st pref. deben.
Lake Shore Div. bonds...
....114 ,
do
2d
do
do
cons, coup., 1st
120 j
do
3.1
do
do
cons, reg., 1st.,
117 '118 i
do
4th
do
do
110
00
06
17
80
i
mortgage, class B
'
95
73
104
94
120
121
7%
85
:
90
FG
50
25
mortgage
Stock
10834! St.L.A S.E.—Cons., 7s, g.,’94
St.L.VandaliaA T.H.—1st m
'128 ! 2d mortgage, guar...:.
110
....
65k
64
10
75
10094 St .L. A San F.—2d ra.,class A,
2d
75
ass.
Belleville A So. Ill., 1st
...
assented, 791]4;1013fc.
unic.Mil.&St.P.—lst,8s,P.D! ]?4k
125
2d mort., 7 3-10, P. II
i
...
do
do
96
TOO
....'110
105 1106
Louisv.A Nash.—Cons.m.,7s
2d mort., 7s, gold
104
j ...
88k sm
Cecilian Branch, 7s
10034
Nashv. A Decatur, 1st. 7s. *104^4 105
*idi
L. Erie AlWeet’n let 6s,1919.
92k 93
56% 57k jLaf. Bl;n AMun. 1st 6s,1919
94k; 95
29
30
Marietta A Cin.—1st mort.. 103 !
1
117%
1st mort.. sterling
106
(Metropolitan Elev—1st. 1908 10234 102k
107''
;Mich. Cent.—Cons., 7s, 1902 121 i
1st mort.. 8s. 1882, s. f
107 illO
*'.”! 110 I Equipment
bonds
39
—
1st m., 7s, * gold, R. D.
1st m., La C. L>iv
1st m., I. A M
1st in., I. A D
1st m., H. A D
1st m., C. A M
in.,
Col. Chic. A I. C., 1st con..
do
2d con...
114k
•:
•
C.—1st, m. l.,7s 106k! 10834'
T.AWab., 1st ext.7s,excp.
let mort., West. Div., 7s.. 105 i
1st St. L. div.7s,ex mat.cp.
101
1st mort., Waco A N., 7s..
.(107
2d mortgage ext., ex
100
coup
2d C., Main line, 8s
107
111
Equipment bonds, 7s, 1883
40
2d Waco A N., 8s
Consol, conv. ex coupon.
94' 95
Inc. and ind’y, 7s
95'
Gt. Western, 1st m., ex cp
Til.Cent.—Dub. ASioux C.lst
do 2d m.,7s,’93,ex cp
98k
Dub. A Sioux C., 2d div...
Q. A Tol., 1st, 7s, ’90,ex cp.
95
100
C-edar F. A Minn., 1st in.. *103
Ill.A So. Ia., 1st m.7s,ex cp
iLake Shore—
West. Un. Tel.—1900, coup. 117
Mich 8. A N. Ind., s. f., 7s. 111
1900, registered
*U3k
Cleve. A Tol., sink. fund.. *109
Spring. V’y W. Works, 1st 6s.
9934
do
.
do
do
•
....
....
St.Joseph A West’n—lstm.
m.
2d
Cleve.A Pitts., consol., s.f.
10534
....
Chic., 1st m. 107k
i 2d mortgage, inc., 1911....
Miss.Riv. Bridge,1st,s. l’,6s *106
I H. A Cent. Mo., 1st., 1890.
Chic. Bur. & Q.—8 p.e., 1st m 110
'HOk' Mobile A Ohio new mtg. 0s.
Consol, mort. »7s
120
121
"N. Y. Central—6s, 1883.
5s, sinking fund
*98%
6s, 1887
Chic. Rk. LA P.—6s, cp.,1917
11434
0s, real estate
6s, 1917, registered
114*4
0s, subscription
Keok. A Des M., 1st, g.,
9-0
5s.
93k;
N. Y. C. A liud., 1st m., cp.
Central of N. J.—1st no., ’90.
*l!4k
do
lstm., reg.
1st consolidated
Huds.
7s, 2d m., s.f.,’85
do
assented.
10'j" {102k? CanadaR.,
South., 1st, int. g
Convertible
Harlem, 1st m., ?s, coup..
do
assented
*104 (105
do
lstm.. 7s, reg
Adjustment, 1903
105 <108
j|N. Y. Elevated-^lst. 7s, 190(5
Lehigh A W. B., con., g’d..
] Ohio A
s. f’d
do
assent'd
Am. Dock & Impr. bonds,
do
do
Burlington Div
2d mortgage. 1886
113*4 113%
Consol., 7s, 1910
Long Dock bonds
*115k»
Pur. Com. rec’pts, 1st,E.D
Buff. N.Y.A E, let m., 1916 117
do
c 1st, W. I).
N.Y.L.E.AW.,n.2d,con.,6s
84J4 84k
do
Bur. Div.
do 1st, con., f. cp.,7s
1st
pref. inc. for 2d mort.
do 2d,con.,f.cp.,os,6s
80
1st inc. for consol
80k,
Han. A St. Jos.—8s, conv... 100
:100k, Wabash HR.--Mtg. 7s of ’79.
Hous.ATex.
do
do
Exchange Prices.
Bost. II. & Erie—1st m
1st mort., guar
Bur. Ced.R.A North.—1st ,5s
Minn.A St. L., 1st, 7s, guar
Chesap.A O.—Pur. m’y fund
6s, gold, series B, int. def.
6s, currency, int. deferred
do
do
Geve. P’ville A Ash., old.
do
Homestake Mining
Pennsylvania RR—
Pitts.Ft.W.A Chic., 1st
:
2d
•
.
new
'4”
114
,r
„
....j
106
56
52
117%
113
92
....
3d mortgage, 7s, 1883
4th mortgage, 7s, 1880
5th mortgage. 7s. 1888
let cons, gold 7s, 1920
Adams Express
American Express
United States Express...
do
109
22-3
2d mort.,
8s,
guar
:j PAST-DUE COUPONS.
-T’ennesssee State
j
•
coupons.
‘South Carolina consol
VTirginia coupons
do
consol, coupons...
* »0 price to-day; these are latest
quotations made this weekr
.
....
33
N. J. Midland—1st, 7s, gold.
2d mort
Now Jersey So.—1st, 7s, new
N. Y. A Usw. Midl’d—1st m.
Rec.certif’s assented
do
not assented.
100k
•
t
.
32k
island—1st mortgage.] 106
Montclair AG.L.—1st, 7s, n.
30
>107
»
...
.
4%
64k
Columbia—3‘65s, 1924.
.
•
40
33
BONDS.
■104k; Long
103
106
Rome Wat. A Og.—Con .1st.
60
Del.A Hud.Canal—1st m.,’84 103k 105
St. L. A Iron Mount’n—lstm *113
1st mortgage, 1891
look!
2d mortgage
98
do
extended
*108 |
Arkansas Br., 1st mort... 101
do
Coup.. 78,814 103k; 107k
Cairo A Fulton, 1st mort. 103
do
Reg. 7s, *94. 106
Cairo Ark. A T., 1st mort.
99
let Pa. div., coup., 7s. 1917 108
109
St.L. K.C A N.-R. E.A R.,7s
do
1917 *10834
reg.,
Omaha Diy., 1st mort.. 7s "04J4
Albany ASusqueh., lstm. *112 113k
St.Chas.B'dge.lst, 7s, 1908 102
do
2d mort..
104k! 100
Nortli Missouri, 1st in., 7s 113%
do
3d mort..
103 J
St. L. Alton A T. IL—let m. Ill
do
Rens.A Saratoga, 1st,coup
do
1st, reg.
Denv. A R. Grande—let,1900
Erie—let mort.. extended..
Miscellaneous St’ks.
Pennsylvania Coal
Spring Mountain Coal
Mariposa L’d & Mining Co..
m.
...
Terre Haute & Indianapolis
Toledo Peoria & Warsaw.
United N. J. RR. & Canal.
Maryland Coal
do
AND
.
•
.
....
31 k
31 ~
27
28
28
85
Registered
lstm.,7s,R.AL.G.D’d, do
bonds, 1900
construct’n
7s of 1871.
1st con.,g’d..
1st eon., guar
pref
Atlantic A Pacific Tel...
American District Tel
Gold A Stock Telegraph.
Canton Co., Baltimore...
American Coal
Consolidation Coal of Md..
Cumberland Coal & Iron....
...
STOCKS
•
•
37k
Small
;
....
128
161
pref
pref
do
do
do
104
1st ip.,7s,land gr't,’80.do
2d inert., ’80
do
Inc. coup. No. 11 on 1916..
Inc. coup. No. 16 on 1910.
Den. Div. 6s ass. cp.ctf...
m....
2d mort
55
...
do
2d
•
1). of
•
*
3
6s, new
1
0s, new series
10k Virgina—6s, old
10k
0s, new, 1866
16k
6s, new, 1867
16k
0s, consol, bonds
6s, ex matured coupon—
6s, consol., 2d series
j
1st m., Carondelet Br...
10834 108k
South Pac. of Mo.—1st m.
115k
Kansas Pac.-114
11434
lstm., 6s, ’95, withcp.ctfs
118
1st m., 6s, ’96,
do
105
1st m..7s.Leav. br., do
116
•
Tennessee—6s, old
Income, 7s
* 102k 106
1889, J.AJ...
1889, A.AO...
Non-fundable
1
...
-
..
Pacific R R. of Mo.—1st
2d mortgage
....
C. C. C. A Ind’s—1st, 7s, s. f.
Consol, mortgage
I'C. 8t.L.& N. O.- Ten. lien 7s ? 10534
tit)
103
53k :l 1st con. 7s
U;J. Lack. A West.—2d m.. 102k; 104
7s, convertible...
*10? !
112 :il4
Mortgi ce 7s, 1907
Syr. Bii vh. A N. Y., 1st, 7s *111
Morris A Essex, 1st m
125
pref.
Wells, Fargo & Co
10734 109
118341
Island—6s,coup.’93-9
Ask.
112
60
30
5
30
50
50
Jan. & July
April A Oct
Funding act, 1866
Land Com.,
do
7s of 1888
A.A O
coup, off, J. AJ.
coup, off, A.A O.
Ohio—6s, 1881
...
Metropolitan Elevated...
do
111k
may be.
Bid.
j South Carolina—6s
1891
1892
1893
6s, 1886
104
52
Mobile & Ohio, assented..
Nashville Chat. A St. Louis.
New Jersey Southern.
N. Y. Elevated
N. Y. New Haven & Hartf.
Ohio A Mississippi pref...
Pitts. Ft. W. A Cnic., guar,
do
do
spec’l.
Rensselaer A Saratoga
Rome Watertown & Ogd...
8t. Louis Alton & T. H
do
....
106
....
—
Galena & Chicago, exten.
Peninsula, 1st m., conv...
Chic. & Milwaukee, 1st m.
Winona & St. P., 1st m
do
Manhattan
Marietta A Cin., 1st pref...
do
do * 2d pref...
Stonington
104J4'105>i
...
Hong Island
do
102
103)4 105)4
io7k-:
Rhode
1
1868
New bonds, J. & .1
do
A.AO
Chatham RK
Special tax, class 1
do
class 2
do
class 3
MISCELLANEOUS
..
16
—
6t. Paul A Sioux City
AND
Registered gold bonds.
Iowa Midland, 1st m., 8s..
61
13k
Harlem
Houston & Texas Central
Ind. Cin. A I>af.
Keokuk & Des Moines.'''
do
43k
1887..
Interest bonds.
Consol, bonds
Extension bonds
1st mortgage
Coupon gold bonds
(Actxoe previously quoted.)
Albany A 8usquehanna
Boston A N. Y. Air L., pref.
Burl. Cedar Rapids A No...
Securities.'
I
do
Chic. A Northw.—8ink f’d.
Railroad Stocks.
Ask
Funding act, 1866
.
.
Bid.
Carolina—6s, old.JAJ
do
do
do
43
.
RAILROAD
do
15
42%
value, whatever the par
6s, old, A .AO
No. Car. KK..J.&J
!
.
do
do
do
North
.
.
7s, gold
do
6s,
6s,
6s,
—..
t
-
YORK.
6s, loan, 1883.
..
new
SECURITIES.
Louisiana—6s
•
NEW
New York—6s, gold, reg.,’87
6s, gold, coup., 1887
....
^
.
Lake Erie A Western
Laf. Bloom. A Muncie
Ask
....
.
Illinois—ds.counon. 1879.
Bid.
IN
Prices represent the per cent
bonds.
Illinois—War loan
1
Class A, 2 to 5
Class B, 5s.
Class C, 2to 5
Arkansas—0s, funded
7s, L. Rock A Ft. Scott iss.
7s, Memp. A L. Rock RR
7s, L. R P. B. A N. O. RR.
7s. Miss. O. A R. t* RR...
7s, Arkansas Central RR.
Connecticut—6s
Georgia—6s
7ai endorsed
SECURITIES.
6s, new
6s, new floating debt
7s, penitentiary
6s, levee
25
8s, do
48k 49k
8s, do of 1875
80
8s, of 1910
50J 58
7s, consolidated
7
7s, small
4
Michigan—6s, 1883
4
7s, 1890
4
! Missouri—6s. due 1882 or ’83
1
4
6s, due 1886
J 6s. due 1887
43*
107
6s; due 1888
(!
10034
6s, due 1889 or ’90
11(1% Ill i
Asylum or Univ., due ’92.
109
j I'll n ding. 1894-95
110
112
Hannibal A St. Jo., 1880..
100
t
Ra’nf 1KQ*>
8s of 1893
7s,
Ask.
BONDS
[Vol. XAIX.
90”
96k
66
109
112
97k
67%
3 -IH 83
95
100
103
80
100
56
103
60
109
109
113
113
10
40
20
82
25
84
November 1,
1879.]
THE CHRONICLE.
NEW YORK
Bank
Capital.
COMPANIES.
08
Stock List.
Surplas
at*
Mark’d thus (*))
I Amount
Dividends.
Period 1877. 1878
1
America*.
.
Bowery...
.
Broadway.
.
Butchers'«5
Central..
Chafe
Chatham..
.
.
.
.
.
City
Coicmeice
..
Coatiaental...
•
Excb’ge*
.
.•iastRiver....
11th
10< 3,000,000 1,287,400 J. & J.
8
8
July,
100 5,000,00C 1,323.000 M.&N.
0
5m
Nov,
106
250,00C
194,400 r. & J. 12
11
July,
25 l,OOO,0OC 1,161,300 r.&J.
10
10
July,
2.1
300,000
00,; 00 J» & J
8
July,
2,000,000 330 90 J J. & J.
8
7
Juiy,
100
300,000
41,200
3ept.
25
450,000 141,000 J. & J.
9
J‘ iy,
0
100
300,000 3,251 700 BI-m’Iy IOO
100
8ept.
25
600.000
159.000 J. & J.
»m
0
'uly,
1,000,000 1,488 200 M.&N. 10
iO
Nov.,
100 5,000,000 2.004,100 J. & J.
0
8
July,
100 1,000,000
142,9C0 J. & J.
JUrjy,
100 1,000,000
791.000 F.&A. 10
lb Au<.
25
65 000 J.& J.
250,000
0m
3m1 July.
'Ward*...
25
100
100
11 ,«00
100,000
150,000
40,500
100,000 100.7.0
100
500,000 3.958.500
100 3,5:00,000
928,200
30
000,000
400,100
50 1,000,000
070,700
Filth
First.....
...
Fourth
Fulton.
Gallatin
German Am.*
75
100
German-a*..
Greenwich*.
750,000
200,000
200,000
100
25
30
100
100
50
£0
Grocers*....
Hanover....
Iinp.& Trade
200,000
225,000
1,000,000
1,500,000
500,000
100,000
100
600,000
50 2,050,000
20
100,000
100
400,000
100
500,000
Irving
Manhattan*..
Marine
Market
Mechanics’....
Mech. Assoc’n.
2,000,000
50
500,000
Mech’ics & Tr. 25 300,000
Mercantile
ICtd 1,000,000
Merchants’.
50 2,000,000
Merchants’ Ex. 50 1,000,000
..
Metropolis*.
Metropolltar
Murray liill*
100
300,000
100 3,000,600
100
100,000
Nassau*
100 1,000,000
New Ycr*
100 2,000,000
N. T.County.. 100
200,000
N. Y. N. Exeh. 1100
300,000
Ninth
100
750,000
No. America*.. 70
700,000
North River*.
80
240,000
Oriental*
25
800,000
Pacific*....
50
422,700
Park
100 2,000,000
People’s*
25
412,500
20 1.000,000
50
125,000
Republic
100
8t. Nicholas.... 100 1,500,000
£00,000
Seventh Ward. 100 300,000
...
......
Second
100
100
300,000
500,000
200,000
800,000
L,COO, 000
40 1,000,000
50 1,200,000
Shoe & Leather
Sixth
lOOi
State of N. Y.. 100
Third
100.
Tradesmen’s...
Union
West Side*
*
iuo
Of date
r‘f
-
.
100
Bid.
Ask.
Par.
‘79.
’79.
’79.
’79.
’79.
•
Chemical..
Corn
Price.
Last Paid.
200,000
I. & J
J. & J.
♦
*
....
10
Q-j.
0
12
f. & J.
12
0m
.
•
£20,9o ) M &N.
671,100 J. & J.
153,*00 J. & J.
50
400 }.& J.
792,OuO J. & J.
75,0ro
58.800 M.&N.
089.900 J. & J.
•
104
105
120
**
•
•
*•#
.
0
77.9. 0 J. & J.
107,700 J. & J.
214.300 Q-F.
253,900 J.&J.
120,000 J. & J.
174,100 J. & J.
51.100
374,100 F.&A.
117.300 F.&A.
*
* t
* -
T
53,300 J.& J.
74,000
172.800
40.300
244,300
52.300
206 200
085.6)0
J.& J.
J.& J.
J. & J
M.&.N.
J.& J.
J. & J.
M.&N.
101,700 J. & J.
uuie
-
S
*
135
*
140
Harlem
50
20
50
100
V r.
100
’
Jersey City & Iloboken
Manhattan
Metropolitan
Mutual, N. Y
do
bonds
1,000
Nassau, Brooklyn
do
25
Va
100
10
scrip
New York
.
People’s (Brooklyn)
do
do
bonds
do
do
certificates.
Central of New York
Williamsburg
do
scrip
Metropolitan, Brooklyn
Municipal
...
do
bonis
1,000
50
50
*
*
*
*
*
*
•
*
•
German-A
Germania.
7
4
3
'
....
4
3m
2m
14 Om 143
0
7m
om
em;Juiy,’79 sm 128
July, ’79. 2Jm
July, ’79. 3m
130
80
July, ’79. 2m
Howard.......
Importers’* T..
Irving...
Kings Co.(Bkn)
Knickerbocker
•«
io
July, ’79. 4
July, ’79. 0
July, ’79.
A' g ’79.
Ju>y, ’79.
July, ’77.
July, ’79.
135
88
4
89
Mercantile..
3
85
Broadway A Seventh Ave-etk..
1st
mortgage
100
1,000
ICO
J
-
ly,’79. 3
Jan
,
July,
Au/.
Aug.
July,
J'uly,
»
3
9
10
0
7
3
,
-
t
‘79.
’74.
'79.
’79.
‘78.
’79.
t
3
90
3m
3m losm
3
105
3
4
luly,’79. 4
July. 79. 3
Nov,
Jan.,
7m July,
10
Nov,
8
July,
t.
Pacific
Park
j
Peter
’79. 3m
’78. 3
’79. 3m
’79. 4
’79. 0
Rate
Var.
Var.
Relief
Republic.
Ridgewood.
...
Sterling
8tuyvesant.....
Tradesmen’s....
Bid.
*
Aug , ’79)115
3m AUg ’7* 98
1* Juiv. 79 50
.
Quar.
F.& A.
1882
Var
M.&N.
M.&N.
3
July,
3m Nov,
7
79
7way, ’79
Jan.. ’70
1897
3m
Ju'y,
4
./. & J.
3m
3
2
79
\u«., ’79
July, 79
3U> July, ’79
2m May, 79
3
Ju e. 79
0
1888
750 000 M. &N.
■
| Ask
75
103
45
145
155
125
101
00
104
75
100
90
40
100
100
00
80
95
90
150
no
100:
Feb., ’78 37
July, ’79 135
Ju e, ’79 150
5
10)
70
95
90
30
90
90
50
75
90
80
139
IOO
1,000
Brooklyn City—stock...7
10
1st mortgage
Broadway {Brooklyn)—stock..
Brooklyn A Hunter's Pt—atock.
1st mortgage bonds
Bushiotck Av. (B'klyn)—stock..
\AnVral Pk., N.A E. River—stk
Consolidated mortgage bon >s
1,000
100
100
1,000
100
100
2,100,000
1,500,000
2,000,000
300,000
200,000
400,000
Q-J.
Q-J.
A.&O.
300,000 J & J
.
.
500,000
1,800,000 J. & J
1,000 1,200,000 J.&D.
Dry Dock, E. B. ABottery—elx
100 1,200.000 Q-F.
1st mortgage,cons’d...
500&C.
900,000 J &D
EigfUh Avenue—stock
100 1,000,000 Q-J.
1st mortgage
1,000
203,000 J & J
2d St. A Grand St
terry—stock
100
748,000 M.&N.
1st mortgage
1,000
230,000 A.&O.
Central Cross loivn- stork.
100
600,000
1st mortgage.
1,000
200,000 M.&N.
Houston, West bt. A Pa v .F'y—e t a
100
250,000
let mortgage
500
J. & J.
500,000
Second Avenue—stock
100 1,199,500, Q.-K.
2d mortgage
1,000
150,000 A.&O.
Cons. Convert!Die
1.000 1,050,000 M.&N.
Extension
OOSsc.
200,000 A.& •
Azih Avenue- stoex
.
J00
mortzage
Ihird Avenue—stock
1,000
100
1st mortgage.
Street—hI-ack
1st mo-tirare
1,000
..
.
100
1.000
*
This column show* last dividenu
t Also 6 per cent extra.
ou
20
90
05
103
7
.
,
3
7
*
iArr..
I
1888
79, 95
100
85
2M July. "79
7
2
7
Ju
3t
e,
2,000,000 Q-F.
<,000.000 T.&J.
500,000 J & J.
250.0<'*0 M.& N.
July, ’94
Apr., ’78
Apr ’85
May, ’88
stocks, but me date o!
99
10
85
34
95
80
Sept..’83 75
Uav. ’77 85
July, ’90 105
i
I
Aug., *79] 125
Juiy, '90! 101
A ug.
si*
ii'd
Nov.1904
750,000 M.&N.
415,000 r. & j.
150
100
102
’931105
Apr., ’93 110
,
;lio
!
100
July, ’"9 125
.Jan., ’84 100
May, ’78 150
7
0
7
150
50
99
90
Dec. 1902
Aug. ’79
...
1st
t
,
J.&D.
Q-F.
M.&N.
United States..
Westchester...
Willlamsb’g C.
’79 1**0
jMay. ’93163
_
80,070'12
7,453 10
+288,038; 10
188,040|20
3,420; 10
143,113 >20
93,141 j 10
35,537,10
260,704 20
31,194;to
203,802,11
119,904ji4
240,935180
179,803 20
88,280|io
153,209! 20
98,54L 20
165,052125
104.095,10
304,306 20
133,855 20
21,126
22,054 io
454,28; 10
_
114,970:12
400,203
102,040
198,687
104,055
497,251
200 000
150,000
150,000
1,000,000
200,000
sm
46,949 10
24,038 10
200,000
300,000
200,000
200,000
100
193,078
200.000
13
25
-
200,000
200,000
800,000
200,000
200,000
300,000
250,000
300/'00
250,000
100
100
25
25
25
10
50
30
20
20
20
20
23,325; 10
100 272-11-55
118,074:15
34,310 10
143,401 20
100,523 25
210,962 10
101,505 10
403,302120
05
10
30
20
40
10
20
10
10
10
July.
July,
Jan.,
Ju y,
70
200
200
*195
’79.10
’79. 5
”59. 5
’77. 5
’79.10
’79.6-83 107
Oct., ’79. 5
Juiy, ’79. 5
Aug. ’79. 5
July, 79. 7^
J uJy, ’79 3*
luly. ’77. 5
July, *79. 5
Juiy, ’79. 7
Ju'y, ’79. 5
IJuly, *79 7
10
22
10
30
7
*
185
180
170
185
no
no
£0
112
June. 79.10
At g.
79. 8
Ju y. ’79.10
Ju y.
AUg.
100
95
100
115
93
45
100
120
135
120
120
55
120
SOO
103
107
125
100
180
140
170
107
Ju y. ’79. 5
Ju y, ’79. 7)® 250
70
Ju y. ’79. 3m 00
17^ July. ’79. 5 120 125
10
Juiy. ’79.15 150 10O
10
80
87
July. ’79. 5
10
July, '79. 5 123
53
10
,10
Jan., ’79. 3m
12
85
10
100Jan., ’79 5
12
97
10
106
Ju y, ’79. 5
13
10
70
July. ’79. sm 60
10
10
183
8ept. *79 5 125
20
20
Jujy, ’79.10 100
50
10
5
Jan
00
’79. 5
20
10
July. ’79 0 120 130
10
95
10
Ju y. ’79. 5
105
10
90
80
10
July, ’79. 5
20
10
130
Juiy, ’79 5 120
10
70
10
00
Jan., ’79. 5
12
12
July. ’79. 6 13 i 140
20
10
95
105
’79.
5
July.
30
155
20
170
July. ’79.10
20
20
Ju'y, ’79.10 105 • •••
10
75
10
85
July, ’79. 5
20
10
130
July, '79. 5 120
18
12
108
113
Juiy, ’79. 5
20
20
Ju y. 79.10
105
14
10
ioo
5
103
•79.
July,
20
20
170
July, ’79. 5 160
17
14
125
Aug ’79. 5 110
N’ne
65
10* N’ne Jan., ’79. 5
50
00
12
130
11
July. ’79. 0
11
10
Oct., ’79. 4 100 iix>
20
30
195
200
July, ’79.10
20
12
Juy, ’79. 0 100
20
20
July. ’79.10 180
18
12
Ju'y, ’79. 0 109 115
20
15
July, ’79 5 114
\’ne Jen.. ’77. ‘AY 100
10
10
90
July, ’79. 5
10
5
70
July. ’79. AM '05
12
10
95
Juy, ’79. 5
20
20
150
105
July, ’79 10
10
10
100
Julv, ’79 8
10
9
70
Aug. •70 5
1235 0-23 Ji lv, ’79. AM no
125
17)k 12HS J uly, ’79. t
10.»
115
10
10
Au t. ’79. AM 70
80
10
14
Juiy, ’79. 5
20
10
Ju v, ’79. 5
95
IOO
10
12
July, ’79. 5. 120
10
10
’79. 5^
Aug
iio
20
20
July, ’79.10 195
,
•
Over all liabilities, including re-insurance,
capital and scrip. +
Figures with a minu9 sign (—) indicate extent of Impairment.Inclusive o
scrip.
City Securities*
[Quotations by Daniel A. Moran, Broker, 27 Pine
Street.]
Interest.
Kate.
V. w York:
Water stock
1811 -63.
5
stock.. 16-15-51.
do
do
1352-60.
Croton Aqued’ctstock. 1865.
do
pipes and mains...
Io
reservoir bonds
Central paik bonds. 1653-57.
5
6
6
7
0
5
6
1653-65.
no
Dock bonds
do
Market stock
...1870.
7
1 '75.
6
...
100
115
40
101
20
90
40
mo
82
8i
95
115
130
102
1-13
104
iuat.ur.iy of oonds.
Price.
Bonds
Payable.
due.
-'eb.,May Ang.& Nov.
Bid. Ask
-
0
7
0 g6
..
...
Street imp. stock...
do
do
New Consolidated..
7
var.
0 g-
Westchester County
7
1880
1890
100
104
104
100
no
1(9
108
108
101
105
1883-1S90
107
1884-1911
112
May & November.
1884-1900
124
Keb.,Mav, Aug.& Nov. 1907-1911
112
do '
co
1898
109
do
uo
1895
109
May & November.
1901
123
128
1898
107
109
May & November.
1894-1897 118
119
•Io
do
1889
107
1(8
do
do
1879-1890 102
110
<lo
do
1901
113
115
do
1888
do
102 m 105
io
do
1879-1882 102
105
1890
January & July.
113
115
do
do
1894
118
119
do
do
do
t
Impi jvementstock.
1*6*
do
co
...lats.
Consolidated bonds.
var..
do
do
do
[Quo'-ations by N. T. Bkebs, Jr., Broker, 1 New st.]
hrooruyn—Local in, r’em’c— 1
7
City bonds
Ja luary & Juiy.
1879-1880 101
do
P-»rk bonds
Water loan bonds
..
iio
Months
*
Croton water
do
94 July, Vw; 12
U’ly,1900 ! 85
79 00
U6 Oct
7
Ju y, ’84 101
3m Aug. 79.135
7 j Nov., ’8 ) 102
3 tO t
'79i 135
100
20
50
50
100
50
100
569 10
94,200 12
740
1898
5
371*
35
100
100
100
50
25
25
~
Star
Date.
7
3
*...
50
50
25
Rutgers’..
Safeguard
100
St. Nicholas.... 25
Standard
50
5
May, ’79 130
2M July, ’79 70
315,000 A.&O.
1,850 000 F.<£ A.
750,000 J.& J.
4,000,000 J. & J.
2,500,000 M.& S
1,000,000 iM.& S.
Cooper...
People’s
Phenix (Bklyn)
Produce Excb.
X....
iotj. xor me .National Dan
900,000 J. & J.
091,000 J. & J.
Merchants’
Montauk (Bkn)
Nassau (Bklyn)
National
N. Y. Equitable
New York Fire
N. Y. & Boston
New York City
Niagara
North River....
3m
July, ’79. 3m
.
127,094120
If 0.000
500,000
200,000
200,000
200,010
150,000
280,000
150,000
200,000
150,000
200,000
800,000
200,000
250,000
200,000
150,000
200,000
200,000
200,000
200,000
200,000
210,000
200,000
200,000
800,000
500,000
350,000
200,000
25
50
50
50
Mech’ics’CBkn)
28,078 10
039,509 10
50,883 10
3,000,000 1,179.594 10
25
50
25
Mech.&Trad’rs’
8m
2m
124,930
339,029140
200,000
50
50
100
30
20
40
50
LongIsl.(Bkn.)
SO
20
<03,104
200,000
150,000
500,000
100
;
20
20
147,083!...
82-2,547 10
500,000
200,000
200.000
Loriilard
Manuf.& Build. 100
Manhattan
100
[Quotations by H. L. Grant, Broker, 145
Broadway.]
Bleecker St. A Fulton * err y—etk.
1st mortgage
Lamar..
July, ’79. 4
Nov, 79. 2m
0
5,000,000
1,000,000
1,000,000
700,000
4,000,000
1,000,000
Lalayette(Bkn)
Lenox
132m
May, ’79. 2m
July, ’79. 4t
*
«
Jefferson
May, ’79. 3
12
5
7
8
8
....
Hope
0
200,000
25
100
15
50
50
100
25
•
80
-
Guardian
Hamilton
Hanover
Hoffman
Home
20
20
20
20
10-72
12
__
50
Greenwich...
*'
80
t
..
40
July, ’78. 5
July. ’78. AM 55
125
’79.
3m
July.
10
Ju y, ’79. 5
N’n? Jan., ’77. 4
50
10
July ’78. 5
103,191 20
1,000,000
Bid. Ask
if4
17&
250,000 145,144 20
18
300,000 -1,422 10
5
N’ue
200,000
100,780 25
25
* 18
1,000,000 1,040,755 11-45 1250 13 40
300,000 531.070 30
20
20
200,000
80,008 14
14
10
200,010 105,240 20
15
10
200,000 135.882115
15
15
204,000
68,253!15
10
12
150,000
10
!l0
N’ne
150,000
73,073 12
11
12
100
50
raer.
Globe
*
2
io
2,000,000
1,200,000
*
*
4
tyU
3
10
10
7
7
3
9
8
8
•
81
*
210,000
Last Paid
5
15
15
10
4
10
20
20
_
...
•
108
110
135
Ju.y,
July,
Nov,
400,000 F.& A.
1,000,000 Quar.
Var. 1,000,000 J.& J.
100 1,000,000 M. &N.
100 1,500,000
—*Al
•
3m
7
8
2
300,000 M.&N.
300,000 J. & J.
Var.
•
10
Prior.
1
20
*
iu4
10
0
8
0
uu.
100
3m 114
'79.
’79.
-79.
’79.
79.
’79.
’79.
July,
Amount. Period.
1,COO
*
•
....
79. 5
'79 3
*79.
’79.
’79.
’78.
Aug.
j
bonds
*
•
100
50
25
25
17
Citizens’
20
City
70
Clinton
100
Columbia
30
Commercial
50
Continental.... 100
40
Eagle
Empire City.... 100
30
Exchange
50
Farragut
Firemen’s
17
Firemen’s Fund 10
Firemen’s Tr
10
Franklir.&Ktnp 100
•
150
•
Broker, 24 Broad Street. J
25
Amity
Atlantic
1870. 1877. 1878.
200,000
4,877 10
200,000 -10,944 25
400,000 +400,19 15
200,000
08,820 10
200,000
8
200,000
10
300,000 398,757 20
200,000 298,201 20
153,000 197,692'20
300,000 4*3/ 81 20
Bowery
Broadway
Brooklyn
104m
Gas and City Railroad Stocks
and Bonds.
[Gas Quotations by George H. Prentiss,
Brooklyn Gas Light Co
Citizens’Gas Co (Bklvn)
H
A
12
0
10
0
-
’79. 2m
Juiy,
•
ii
-
-au/.
July,
July,
July,
Jan.,
July,
3
11
8
8
3
0
.
Par.
*
Jan., ’77. 3
7
14
8
0
77,9oo F.& A.
Gas Companies.
*
iob’m
May, ’79. 5 ~
May, ’77. 6
May, 79. 3
5
7m
7b,5»j0 J. & J.
105.500 J. & J
*79. 3m
’79. 4
7
io
66,'00 J.& J.
oi
*
1879.*
Amount
Adriatic...;.... 25
A£tna.
100
American/.
50
American Excb 100
113
’
Oct.,
July,
Nov,
Oct.,
0
10
.
Sept 13 for the State hanks.
5
8
3
T
,,,r
f
3m 141
3
109m
’79. 3m
’79. 3
’79. 3
79.15
’79. 3
’79. 5
79. 4
79. 3m
’79. 5
’79. 8m
July, ’76. 3
Juiy, ’79. 3
.
M.&N. 10
7
\.&0.
51 ICO F.& A.
58,5U0
0
May.
54,100 M ay.
0
17.80J M.&N.
7
23,700 J. & J.
3
1*3,3 0 J.& J.
7
1,735,200 J. & J. 14
127.100 J.& J.
8
7,200 J. & J.
6m
431.400 J. & J. 12
1.015.900 F.& A
8
9,410 J. & J.
300.800 J. & J.
274 800 J & J.
7m
9.0 900 J. & J.
9
83,Oou M.&N.
2M
87,900 M.&N.
7m
uguico m luiBuuiuiiiu are
do
SECURITIES.
Insurance Stock List.
[Quotations by K. 8. Bailey. Broker.7
Pine street.]
Net
Capital.
Surplus,
Dividends.
Comp an ixs.
July 1,
intcoi
dates. §
j
Am.Exchu
LOCAL
457
1
I
Bridgebonds
Water loan
!
City bonas
Kings Co. bonds
do
7
7
7
7
C
0
7
0
do
Park bonds
do
do
lo
do
do
do
do
do
do
Ao
do
Mav & November.
Ao
dn
-
January
Brldg"
do
•All Brooklyn bonds flat.
1881-1895
1915-1924
1900-19.^4
1904 1912
1899-1905
Jo
&
103
102
123
120
120
110
111
126
124
123
113
1881-1895 .02m 1U
1880-10*3: lo3
ISS0-1S83 101
1924
(
,109
July.
<0
100
107
1)A
113
1907-1910 104
,
[Quotations by C. Zabbiskie, 47 Montgomery fet.. jersey City.]
Jersey City—
Watei loan .long..
do
.1369-71.
.1S66-6S.
Assessment bonds ..1879-71.
Improvement bonds
..1
Bergen bonds
Bevc-r.ge bonds...
.
.
0
7
7
7
7
7
January & July.
January & Juiy.
do
do
Jan.,May, July* Nov.
J. & J. and J & D.
<»rr
nad ,ln''
,
1895
90
1899 1902:100
1S78-1879 95
1878-1879 95
189' 94
95
19 *1
95
.
98
108
97
97
97
97
458
i'HE CHllONKJLE.
j
(W.
A\i.V
traffic agreements with the Wellington Grey & Bruoe Oo., the
of £2,573, being the equivalent of 20 per cent of the halfyear’s additional traffic interchanged with that company, will
?e applied to the acquisition,
on the 1st of January, le80, of
inucstmcnts
&
sum
AND
STATE, CITY AND CORPORATION FINANCES.
Wellington Grey & Bruce bonds at
The Investors' Supplement Is published on the last Saturday
of each month, and furnished to all regular subscribers of the
No single copies of the Supplement are sold at the
Chronicle.
DETROIT GRAND HAVEN
par.
& MILWAUKEE.
The
working of the Detroit Grand Haven & Milwaukee Rail¬
way, since its re-organization under the control of the Great
office, as only a sufficient number is printed to supply regular Western, has been in all respects satisfactory, and it is expected
subscribers. One number of the Supplement, however, is bound :hat the operations of that road for the current year will result
in material advantage to this Company.
up with The Financial Review (Annual), and can be purchased
in that shape.
Western Maryland Railroad.
(For the year endi g September 10, 1879.)
ANNUAL REPORTS.
At the recent annual meeting of stockholders, Col. John M.
Hood, President and General Manager, preseaced his annual
[Great Weslern of Canada,
report, which shows the gross earnings, $347,442; expenses
(For the half-year ending July 31, 1879.)
operating and extraordinary),including construction and equip¬
ment, $274,347; net earnings, $73,095. The gross earnings as
directors’ report.
The statement of accounts for the half-year ended
Jnly 31, compared with 1878 show an increase of earnings of $241; the
1879, is now submitted in the usual form. Tne statutory general expenses as compared with 1878 show a decrease of $15,798;
meeting of shareholders has been called pro forma for October increase in net earnings, $16,039.
In 1878 the gross revenue was reported as $347,201, the
23, but it is proposed that the meeting shall be adjourned to
Dec. 11. At that time the President, and two members of the operating expenses as $217,275, and the Ret revenue as $129,926,
board who have accompanied him to America, will have returned while under the head of construction and equipment a further
to London, and it is tne intention of the board to summon a expenditure of $72,870 was reported.
Although this latter
special general meeting to submit a report of their proceedings amount was expended—or rather invested—in valuable assets
in the way of necessary additions and improvements, such aa
for the approval of the shareholders.
new equipment, iron bridges,
REVENUE account.
steel rails, &c., these were
The following summary exhibits a comparison of the half- regarded as necessary expenditures, largely reducing the
year’s results with those of the corresponding half-year ended amount otherwise applicable to the payment of interest on the
bonded debt.
It was therefore determined by the board of
July 31, 1878 :
July 31, ’78. July 31,’79 directors that the construction and equipment of
extraordinary
Gross receipts,including the Galt and Guelph (now
expense account should be closed, ana thenceforth all such
incorporated with the main line and hraucuesj. £383,460
£365,771
Cash working expenses, including renewals (be¬
expenditures should be included in the ordinary or operating
ing at the rate of 75*43 per cent, as compared
expenses and be deducted with them Horn the gross in obtain¬
with 75*93 per cent in the
corresponding per¬
ing the net revenue. In order, therefore, to make a comparison
iod last year.)
291,167
275,896 with 1878, the statement for that
year has been revised, and the
actual net revenue reduced from $129,926 to $57,056
£92,293
by deduct¬
£84,875
Interest on bonds, debenture stock,
and loss
ing $72,870 expended as above set forth. Considered in this
on working leased lines
94,024
100,047 way, the expenses for the fiscal year
just closed are shown to be
79 per cent of the gross earnings, while the actual expense of
Deficit
£1,731
£10,172
The comparison is, therefore, unfavorable to the extent of maintaining and operating the road was little over 60 per cent.
This plan, though generally
£8,441. The expenditure upon renewals during the half-year
unpopular with railroad managers
from its severe and less favorable exhibits, is believed to be the
amounted to £17,716, of which £868 has been
to the most satisfactory to those
charged
holding proprietary interests; hence
locomotive and car funds, and £16,848 to
working expenses, but its adoption by this company.
no transfers to the reserve funds have been made this
half-year.
Among the *
made during the year may be
After charging the interest on bonds and debenture
stocki &c., mentioned the improvements
of nearly 500 tons of steel and re-heated,
laying
the half year’s net revenue exhibits a
deficiency of £10,172, but iron rails, the construction of 3,710 feet of new
the credit balance from the previous
sidings, the
half-year reduces this to building of 206 feet of iron plate girder
bridges and 212 feet of
£6,260, which will form a charge against future revenue. The
wood and iron truss bridges, six new abutments and piers,
half-year’s dividend on preference stock, amounting to £12,644, several hundred feet of
platforms, a water tank, turn-table,
has been also carried forward to the debit of the next
half-year. sand-house with dryer, coal bins, &c.
EARNINGS.
^
~
There were carried during the year 362,168 passengers and
The gross receipts on the main line and branches
(including 136,220 tons of freight. The average rates of transportation
the Galt and the Guelph) compare with those of the
half-year received during the year were 1 65-100 cents per passenger per
ended 31st July, 1878, as follows:
mile, and 3 2-10 cents per ton per mile, whicn, compared with
Decrease In through freight earnings
£7,357
.
.
Decrease
Decrease
Decrease
Decrease
in through live-stock earnings
in through passenger earnings
in local passenger earnings
in local freight earnings
7,930
2,587
1,932
39
Increase in local live stock earnings
Increase in mails, express freight and suudries
£19,844
£478
1,678—
Net decrease
-
2,156
£17,689
The
principal causes of the decrease in the receipts for
through traffic during the half-year have been low rates and
the interruption of the live-stock traffic,
owing to the continued
prohibition by the Canadian authorities of the transit of Amer¬
ican cattle
through Canada.
RESERVED FUNDS.
The balances of the
tions
on
July 31, 1879
reserve
funds show the
following altera¬
:
Debit
Balance
Jan. 31 ,’79.
£
Ferry steamers renewal fund.
Locomotive renewal fund
Car renewal fund
Rail and bridge renewal fund
Insurance fund.
Leased lines suspense account
....
or
credit
during the
half-} ear.
Balance
July 31. ’79
£
18,250
120,944
I>r.
395
39,363
Dr.
473
18,250
120.549
38.890
27.570
27.570
2,055
Dr. 48,023
160.159
Cr. 1,761
Or.
2,o.55
Dr.
893
CAPITAL ACCOUNT.
During the half-year £60,000 5
46,261
161,053
per cent
perpetual debenture
capital
£2,156. The
charges to capital account in the half-year amount to £20,453.
stock have been issued. The amount at the debit
of
account has been reduced on
July 31, 1879, to
LEASED LINES.
Omitting the Galt and Guelph (the
receipts and working expenses
of which, for the half-year to
July 31, 1879, are incorporated
in the accounts of the main line and
branches) the loss in work¬
ing the leased lines is £12,988, as compared with £6,946 in the
corresponding half year. A large proportion of this loss is
attributable to the Wellington
Grey & Bruce Railway, upon
which the decrease of
earnings has been chiefly caused by the
line having been blocked by snow for some weeks at the
com¬
mencement of the half-vear; whilst the
large expenditure for
maintenance still found necessary, arising, as
explained in
previous reports, from the original imperfect construction <
he line, continues seriously to affect the net results.
Under
the rates of 1878, shows a reduction in the
passenger rate of
one-fourth of a cent per
in freight 28-100
passenger-mile
and
of a cent per ton-mile. The loss in revenue due to this reduc¬
tion was $3,536. On the contrary, the freight business showed a
material increase
up to the lstof March, so that compared with
the previous year tltore was to that time an increase in revenue
of $5,733, but for the several months following there was a
large falling off in the freight business. The passenger earn¬
ings for August, 1878 and 1879, respectively, were $23,029 and
$24,755, ana the freight earnings for September, 1878 and 1879,
were $23,690 and $25,794
respectively.
During the year an amicable adjustment has been made with
the preferred second
mortgage bondholders, by the adoption of
a mutually
satisfactory funding scheme. Under this arrange¬
ment, the overdue coupons upon $390,000 of the $421,500 of
these bonds held by individuals have been funded, and it ta
expected the balance, principally held in Carroll county, will be
funded by January 1, the time at which the company has
agreed to*resume the payment of interest upon all such bonds
represented in the funding certificates. The finance commiss.oners of Baltimore city have funded $113,475 first
mortgage
and $112,455 preferred second
mortgage coupons. The old
funding certificates for $177,596 of first and preferred second
mortgage coupons issued in 1870, and bearing 8 per cent inter¬
cut, fall due July 1, 1880. A number of the principal holders
of these have been consulted, and all se-m willing to rene w at
maturity at 6 per cent. The one coupon in arrears on $400,000
fiist mortgage bonds, unendorsed, amounting to $12,000, will be
paid at an early day; also, the arrearage of interest due the
on the $72,000 first mortgage coupons, purchased in 1874,
city
will be
provided for by installments as early as practicable.
Once able to pay the interest upon its first and preferred second
mortgage bonds and funding certificates, with the arrears above
mentioned disposed of, all the other bonds being endorsed bj
Baltimore city and
Washington county, the company will be
relieved of the expensive litigations and the uncertainties which
have harassed it from its inception to the present time, and the
day for such a condition can no longer be remote.
Contrary to expec'ation, the Baltimore & Hanover railroad
has not yet been completed to its connection with this road,
though it is now expected to be in operation within the next 30
days. Wi h the present completed line of 60 miles, including
the Hauover & Gettysburg, the controlling road, and without
further extension northward from Hanover, as it is
contemplated
THE CHRONICLE.
Novembkr t, 1 *79. ]
459
Aug'ist, 18T8.
August, 1879
early dav, this route will give the towns of Hanover, | Grom earnings
a
$128,187
$457,732
Gettysburg, New Oxford, Berlin, and many others of minor Expenses
184,313
215,013
importance, together with a large scope of thickly-settled and
Net earnings
$242,719
$243,854
highly-improved country, ranch more direct communication
than heretofore enjoyed with Baltimore, their natural market, increase in g^oss earnings
$29,565
and in using 20 miles of the Western Maryland Kail road Decrease in net eumings
1,135
For the same period the earnings and expenses of the
between Emory Grove and Baltimore, it is believed that the
Albany
traffic from this sou ce will largely increase the revenues of & Susquehannan Railroad (included in the above) were as fol¬
this company without materially adding to its expenses. The lows :
August, 1878. August, 1879.
Baltimore & Cumberland Valley Railroad was also expected to
Gross earnings
$92,552
$95,321
be in opeia'ion by this time to the town of Waynesboro*. Pa., Expenses
39,876
49,129
seven miles distant from Edgemont, its terminus on the West¬
Net earnings
ern Maryland Railroad.
$43,423
$55,445
The grading, masonry and bridging
upon this section are now entirely finished to the town, but the Decrease in gross earnings
2,769
at an
*
date of Aral
culty
completion has been made uncertain by the diffi¬
experienced in obtaining iails of the required quality, all
mills of good standing being overran with orders for months to
There is a prospect, however, that this difficulty may be
speedily overcome. If so, this track can be completed within
SO days from the time the rails are delivered.
This seven
miles is bat the entering wedge to a line which, when farther
prosecuted, must prove of incalculable benefit to this company,
and must restore to Baltimore much of her long-lost trade with
the Cumberland Valley.
come.
r+KMl BAL
investment
news.
-
Frn«klv'» G»« feinnanf**—A meeting of the directors of
the Pulton Municipal Gaslight Company, to consider the terms
of consolida i n with the other Brooklyn companies, was held
at 231 Broadway, in the office of Henry Davison, the contractor
for building the works and laying the pipes for the new com¬
pany. Nothing definite was determined ujpon, the officers said,
and the de ads of the consolidation remain to be settled. The
Trib n reports that the board of directors are not a unit, and a
strong minority opposes any consolidation, as in effect organiz¬
ing a gigantic monopoly and not carrying oat the intention
expressed to the residents of Brooklyn when the company was
Decrease in net earnings
2,022
Denver k Rio Grande.—The Grand
Canyon
postponed by Judge Hallett until November 17.
case has been
Elevated Railroads In New York.—The Kveninq Port money
article gives a summary of the facts
concerning t&^se roads as
follows: “There are three rapid transit companies, to wit: The
New York Elevated, the Metropolitan Elevated and the Man¬
hattan Railway Company. The two former own all the rapid
transit lines in the city, and they are both leased to the Man¬
hattan Railway Company. The capital of the New York
Elevated is $6,600,000, ana that of the Metropolitan is $6,500,000. The stock of each of these companies
uytfuar&nteed by
the Manhattan ten per centum per annum,
quarterly,
Doable
January, April, July and October, the first dividend being dne
January 1, 1880. The New York Elevated has a surplus of
about 7
which it
cent not put into the Manhattan company's lease
will be divided before the regular ten per
expected
dividends
per
is
begin in next January. The capital of the
Railway Company is $13,000,000, of which one-half
was paid to the individual stockholders of the New York
Elevated and the other half was paid to a company called the
New York Loan & Improvement Company, wh en built the
Metropolitan Elevated road. The New York Loan & Improve¬
cent
Manhattan
ment
Company holds this $6,500,000 Manhattan Railway Comlawyer supposed to have information on the subject said |
8^?CK, 10 on4? !j}0CV’
therefore^ has only to buy one
to a r bun. reporter that, despite the opposition of some of a£ditiopal share of Manhattan Company s stock to own the
the directors of the new company, the consolidation would be absolute control of every foot of rapid transit railroad in the
city. Although the Loan fit Improvement Company’s stock is
organized.
A
1
-
r
-
-
r
*
—
carried out. and the
capital, $1,250,000, of the Fulton Municipal not on the Stock
Exchange, we may as well say that its capital
Company admitted above par into the new association. He is
$3,000,000, all paid; its assets consist of the $6,500,000 Man¬
adds, “ There is a lep al point in the way of the new scheme, hattan
Railway Company’s stock named and $500,000 Metropoli¬
however. It is doubtful whether the companies can consolidate
tan Railroad stock, which, at current market prices, have a value
without the consent of every owner of a share, unless they can
of $4,525,000, or about 150 per cent. We hear that the Loan &
come in under the charter of the Metropolitan, which contains
a provision allowing it to consolidate.
None of the others do. Improvement stock is selling privately at 1I4@120; if it was on
After all diflJcnliies are settled, the stockholders will have thirty the Stock Exchange list, or was generally known, it tfould
probably sell much above its book va ue (about 150), for the
da vs to consider before voting on the matter.”
The capital of the consolidated company, as alleged, is to be reason that it practically controls the whole rapid transit system
of the city. We are told that the earnings of the elevated rail¬
$6,669,000, divided as follows to each company:
roads are now not far from $15,000
day; and the Second
Brooklyn Co
$2,000,000 Williamsburg Co
$750,000 avenue line and one or two miles of per
the Eighth avenue line
Citize s'f’o
600.000
900,000 N ssauCo
Metropolitan Co
869.000 Fulton Municipal Co.. 1,250,00u are not yet in operation.”
•.
People's Oo
The debts
300.000
are
to be Axed
according to the following schedule:
$800,000 Williamsburg Co
Brooklyn Co
Citizens' Co
$1,<»00,000
300,000 v^-sau Co
Fulton Municipal Co...
None.
Metropo ttan Co
People** 00
700,ooo
200.000
6u0,(K*0
Evwn^vll'e 'lerre Haute k Chicago—It is rumored that
this road, running from Terre Haute, Ind., to Danville, will soon
pass into the possession of the Chicago & Eastern Illinois Com¬
pany by lease or consolidation.
Indianapolis Cincinnati k Lafayette.—Mr. M. E. Ingalls,
Receiver, reports the receipts and disbursements of this road
Cincinnati liafrt^ette & * hi cairn.—The Lafayette, Ind., cor¬
respondent of the St. Louis Globe D mo<rat has received the during October as follows:
RUCEIPTB.
following information regarding the sale of the Cincinnati Balance September,
1879 $25,973
Lafayette & Chicago Railroad:
“
i>nd«*rsto
his object by pnrehaelng the run trolling interest in the second-mortgage bonds oft he
short-line, which carries w itli it the stock and the control of the road.
The second moitgage bonds alluded to were owned by Adams Earl,
President of the road, 'who some time since gave Mr. Ingalls, of the
Indianapolis * iueinnati & Lafayette,the “ option" for their purchase.
This he accepted Fikbty, and on the 1st of next mouth the transfer
will
It
was
u
thiit Mr.Ingalls accomplished
probablj be m de It is understood - hat the L. B. A M. folks made
option held by Mr. Ingalls, which, of corn so, could
Sir. Earl. It is believed that the officers «*f the road
an advance eu the
not be accepted bj
will remain in the
■
ity.
One week fiom next Wednesday, at the annual
election, the old hoaid w ill he return* d. and Mr. Earl will retire from
the presidency, Mr. ngal s succeeding him. No consolidation of the
Cincinnati Lafayeite A Chicago and Indiana! oils Cincinnati A Lafayette
can be made, because of the fact that that the latter Is In the hands of a
receiver, and. also, on y roads may consoidaie when their lines con¬
nect. and the Central Lafayette A Chicago proper begin* at Templeton,
eighteen miles west of this city, using that distance of the track of the
Laiayette Bloomington A Muucie.*’
Oliiinlm* < hfemro A Indiana Central.—The principal of
the 10 per cent bonds of the Indiana Central Railway
Company,
aboot $666,503, is to be paid off at par and interest, on Jan. 1,
1880, by the receiver of the C. C. & I. C. Railway
Company, as
Announced in advertisement elsewhere. Messrs. A. Iselin & Co.,
48 Wall street, will buy them up to Nov. 10, at 101 and interest.
Lohuh
Interest
20,100
28
Express companies
United States malt
(balance*)
Miscellaneous
2,660
;
Keiitn
Sale of scrap iron and raila
Agents of company
Other r 11 road companies
sources
$15,000
2,068
31,538
52,936
24,000
503
Insurance
303
Supplies
33,844
4,310
7,829
-e
1,488 i Steel rails
Legalex peases.
4 693
176,831
31,094
Railroad balances
M lscellaneous vouchers..
Balance October 31,1879
28,441
17,149
29,074
$269,939
Total
Total
$269,939
International k Great Northern.—The second sale of this
road was made in Austin, Tex., October 14, and the road was
bought by Samuel Sloan and J.^S. Kennedy as trustees for the
bondholders Joining iu the agreement of reorganization. This
sale was made to complete title to the road and remove all
doubts
as
to the
rights of the purchasing bondholders.
Logttnsp rt Crawfordsyllie k * oath western.—The
pur*
chasers of this road at the recent foreclosure sale have organized
the Terre Haute k Logansport Company and filed articles with
the Seere'ary of State of Indiana. W. R. McKern, J. G. Wil¬
liams, D. W. Minshall, J. B. Hager andG. S. Farrington are
incor ontors. They are all connected with the Terre Haute k
This payment is made pursuant to an order of the court, and
according to the option of payment before maturity given by Indianapolis Company.
the terms of the bond.
8
U1HBIJUHKMSNTS.
Loans
Interest
T'o«d interest
Rents
Salaries and wages......
9
v
’
Nashua k Lowell.—The Boston Advertiser reports that the
earnings, after paying rentals in full (including rent of
Peterborough Railroad, wnich is now in dispute), for the aix
months ending October 1,1879, was $50,917; October 1# 1878,
$13,935, showing an increase of $36,982. This does not include
net
Covl»»*f«Mi C«»l»imb»»H k Black IIII!«.-This road was sold
under decree of the United States Court at Omaha, for the sum
of $64,000, to Mr. E. F. Drake, President of the St. Paul &
Sioux City Pail read Company. The purchase is understood to
have been made in the interest of the St. Panl & Sioux City Co.
in Boston, which cost over $280,000.
has been declared, payable Not. I.
Delaware k Hudson Canal Company.—From London we are The road purchased at the low price prevailing last summerthe
in receipt x>t a compara I ve statement of the Delaware* Hod- 800 tons of rails necessary to complete the steel line frotp
)
son Canal Company, showing the earnings and expenses of the Nashua to Lowell.
railroads owned and leased by this company, for the month of
New Jersev k New York.—The plan of reorganization for
this road contains the following:
August, as follows:
any revenue from.property
A dividend of $3 per share
460
12..AA
THE
CHRONICLE.
The
railway of the New Jersey & New York Railway Com¬
extends from its junction
with#the Erie Railway, near
LJarlstadt, Bergen County, N. J., by
way of the city of Hacken¬
sack, through "Bergen County, New
Jersey,.through the State
line between New York and New
Jersey, near Pearl River, and
thence through Rockland
County, New York, to Nanuet; and
thence, by its main line, partly over the track of the
Erie Rail¬
way to Spring Valley, and thence to Stony
Point, in the said
County of Rocnland, on or near the Hudson River; and a branch
also extends from Nanuet aforesaid to New
City, in the said
County of Rockland.
There are four mortgages upon the said
railway, namely:
mortgage, known as the Hackensack & New York mortpany
34..AA
§age,
of six
the miles),
railway south
upon station
the portion
[ackensack
about
securing
of the
upper
hundred
(£100,000) of bonds, which mortgage was
made January 1st, 1867,
by the Hackensack & New York
Railroad Company, to Cornelius L. Blauvelt
(now deceased)
and Garret Ac-kerson, Jr., as trustees.
This mortgage has been
foreclosed.
<
thousand dollars
one
mortgage known
as the Hackensack Extension
Mortgage,
the portion of the railway lying between
New Bridge, Bergen
County, and the New York and New
Jersey State line (about seven miles), securing about
seventylive thousand dollars
(£75,000) of bonds, now outstanding,
which mortgage was made
May 1st, 1869, between the Hacken¬
sack & New York Extension Railroad
Company and C. L.
Blauvelt (now deceased) and John T.
Fox, as trustees. This
mortgage has been foreclosed.
mortgage known as the Hackensack Extension
mortgage,
issue of
187(^ upon the portion of the railway lying between
New Bridge aforesaid and the
northerly terminus of the main
line at Grassy Point or
Stony Point, securing about five hundred
and thirty-three thousand dollars
(£533,000) of bonds, now
outstanding, which mortgage was made Nov. 1st, 1870, by
the
Hackensack & New York Extension Railroad
Company, to John
T. Fox, C. L. Blauvelt (now
deceased) and Henry M. Peck, as
I32For
issue
of
1860,
upon
trustees.
fol. XXIX.
basis: Each holder to receive
interest twelve shares of
for his bonds and accrued
preferred stock of the par value of
£100 per share for each $1,000 of bonds. The
balance of said
stock or so much thereof as
may be necessary to be used by the
purchasing committee for the purpose of reorganization
and
the settlement of any claims
which, in their opinion,.might
become a claim against the new
organization. This stock to
have and retain the entire
voting
directors and managers of. the roadpower for the election of
until such time as there
shall have been declared and
paid six consecutive semi-annual
dividends of three per cent each, out
of the net
of the
road, provided that after such payments have earnings
been made
s
and
have assumed the control
and
management, if a period of six months pass without a
payment
of a dividend
upon said preferred stock at the rate of six
per
centum per annum, then in such
case the entire
manage¬
ment and control of said railroad
and property shall revert to
and be assumed
the
common
stockholders
by the preferred
stockholders, as theretofore.
III. There shall be issued common
stock in shares of the
par
value of £100 each, for such amount as
may be necessary to be
used in exchange for the
gold bonds upon the basis of twelve
shares of stock for each £1,000
bond, holders of claims secured
by gold bonds as collateral to receive, upon surrender of their
collaterals, twelve shares of stock for each £800 of their
claims,
with interest
computed to September 1st, 1876.
The unsecured claims,
amounting to about £60,000, against
the New Jersey & New York
Railway Company, may be audited
by the purchasing committee, and they
may adjust and allow
fifty per centum of the amount thus audited in
common stock
at
par.
The holders of the common stock
not to have the
voting for directors and managers until the
provided, have been paid
upon
privilege of
dividends,
the preferred stock.
as
above
Philadelphia & Reading.—The following is the
monthly
comparative statement of gross receipts,
tonnage and passen¬
gers of the Philadelphia & Reading Railroad
Company for the
month of
September, 1879
and 1878:
mortgage, known as the gold mortgage, upon the entire
GROSS RECEIPTS.
property and railway, from the junction with the Erie
Railway
-1879.
feo Stony Point, or
1878
Grassy Point, and also the New' City branch,
Month.
Year to date.
Month. Year to date.
Railroad traffic
securing about twelve hundred thousand dollars
$1,197,161 $10,388,665 $674,113 $£,977,389
($1,200,000) of Canal traffic
bonds, now outstanding, which
105,522
665,908
56,058
640,964
Steam colliers
mortgage
March
was
made
1st,
54,710
1373, by the New' Jersey & New York
537,466
38,286
447,029
Richmond
coal
Railway Company, to the
barges..
16,618
New York State Loan & Trust
124,099
11,022
79,041
Company,
as trustee, David P.
Patterson being now' the successor of the
Total Railroad Co
$1,374,013
said trustee under
$11,716,140 $779,480 $10,144,425
Reading Coal & Iron Co.
such mortgage.
978,745
8,102,192
622,266
6,152,475
The remaining portion of the
Total of all
railroad and property of the
$2,352,758
$19,818,332
$1,401,747 $16,296,900
New' Jersey & New' York
Railway Company is to be sold, as
TONNAGE AND PASSENGERS.
soon as possible, under decrees
of sale in foreclosure suits in Tons of coal Oil Railroad
810,314
6,517,685
327,539
4,409,999
Tons of merchandise.
the States of New
523.049
3,797,037
Jersey
and New York, in such manner as Passengers
262,329
2,599,987
carried
counsel shall advise, to the end
893,314
6,449,130
623,674
that by such foreclosure sales Coal transported by
5,333,971
or by the release or
steam colliers
discharge of any of the mortgages upon
56,715
497,713
49,218
sueli railway, not
484,720
extinguished by foreclosure suit, title may be
TONS OF COAL MINED.
Bv
Coal & lion Co
procured free and clear of all mortgage liens.
419,241
3,440,496
139.736
2,049,749
By tenants
The title to the said
128,718
1,027,676
63,079
railway
and property, including the
822,828
•several sections or portions of
railroad heretofore included in Total mined from lands
said New Jersey & New York
owned and controlled
Railway Company, to be procured
free from all
by Co. and from lease¬
mortgage liens by purchase, consolidation or
hold estates
547,960
otherwise, in such way as counsel shall
4,468,172
202,816
2,872,578
advise,
committee
by
a
to be known as the
For
the month of
purchasing committee, in trust, w'hich com¬
September
last
the
year
gross receipts
mittee shall consist of Louis
Fitzgerald, of the city, county and reached £1,401,747, while the total for the year to date was
State of New York, William S.
The
£16,296,900.
total coal mined
Opdyke, of Tenafiy, Bergen
during the month wras
County, New Jersey, and John J. McCook, of the
202,816 tons, the total for the year
being 2,872,578 tons.
city of New
York.
Quincy Missouri & Pacific.—A special to the Chicago
Such purchase shall be for the
benefit of all the holders of Tribune from
the bonds secured
Quincy, Ill., reports : “ The stockholders of the
by the above-described mortgages who shall
Quincy Missouri & Pacific Railroad have ratified the action of
come into the
purchase or reorganization under this
the directors in
plan.
The purchasing committee shall
leasing that road to the Wabash
transfer the
property so Possession is to be given on Jan. 1. The work of Company.
purchased or obtained to a new corporation or
extending
corporations, to the present western terminus of the
be organized under their
Quincy Missouri & Pacific
direction,
the law's of the States to Milan, as
under
of New Jersey and New
agreed upon in the lease with the Wabash, is
York, to be known as the New
Jersey
& pushed forward as rapidly as possible, Over 600 men arebeing
New York Railroad
now
Company.
employed in grading and track-building on this extension.
As soon as practicable after
the complete
Great
reorganization, a
board of directors shall be elected
difficulty has been experienced by those having the work
by the new' stockholders to in charge, on account of the
serve for one year;
rainy season in that locality. All
prior to which time temporary directors the
bridge w’ork has been let and the grading contracted
may be selected by the bondholders’ committee.
for up to
Milan. This, with the
The n^w’ corporation or
ironing of the entire road, was to have
corporations shall issue four hundred been
completed
thousand dollars of first
1st of January next, but it is
possible
mortgage, six percent currency, thirty- that, under the by the
present difficulties, it may not be finished at
year bonds, secured by
mortgage to Ashbel Green, trustee, that time. The
management have contracts with Eastern man¬
upon the entire reorganized
railway, rolling-stock and property, ufacturers for 2,000
which bonds shall be dated to
tons of iron to be delivered the
bear interest from
present
July 1st, 1879. month, and also has agreements to furnish an additioual
The mortgage bonds and
450
capital stock of the reorganized tons at a very
early date.”
company shall be distributed as follows:
f. There shall be issued
St. Paul Minneapolis &
£400,000 of first mortgage six
Manitoba.—The branch from
per
cent bonds
Fisher’s
covering the entire road and rolling-stock, to run 30
Landing, Minn., northwest to Red River,
opposite
years from July 1st, 1879, to be used as
Grand Forks, Dakota, 15
follows:
miles, is finished, making ar'total
length
of
the
from
branch
Crookston to Grand Forks, 27 miles.
the purchase of the Hackensack
Railroad
$J 25,000 On the main line the grading is about finished on
purchase of Hackensack Extension Rai
the entire
road
the purchase and
90.000 extension from Alexandria tin
payment of locomotives and
4 For
Fergus
Falls
to
ears..,...
100,000 some 80 miles of
Bamesville;
exceptional cases ot bills payable and
track have been laid from
loans \v,th exces¬
sive collaterals.
Alexandria west,
and
5 Surplus in hands of
5Q (){)()
track-laving from Bamesville east commenced October 20.
committee for discounts, deferred
inter¬
est, receiver’s indebtedness,
General
expenses
of
Manager J. J. Hill informs us that he expects to have
^kout
reorganization, Arc.,
the gap closed by November
15, and trains running Decem¬
29.000
ber!.
..
,
$4-. 0,000
be issued
by the reorganized company
preferred stock not to exceed in amount the
sum of
entitled to dividends at not
to exceed the rate of sir £800,000,
per cent
per annum, payable
seini-annually, to be used in
the
II. There
shall
Hackensack Extension bonds, issue of
1870,
on
St. Louis & San
Mo., October 28,
Francisco.—A despatch from St.
Louis*
that Judge Baker, Vice-President of
the
Francisco Railroad, has just returned from
says
St. Louis & San
New York, and ieports:
“
Preliminary arrangements are now
exchange for being made for the completion
of the
following Venita, Indian Territory, its present above-named road from
terminus, to the Pacific
the
November 1,
Ocean.
THE CHRONICLE.
1879.]
Twenty millions of German capital, at 5
per cent, is
461
Spre Commercial 'gimrs.
offered to construct the road. If this arrangement is
completed,
the road will be built under the land grant
originally given by
Congress to the Atlantic & Pacific Railway.”
The New Stock Exchange.—A
meeting of the members
of the Open Hoard of Stock-brokers was held on
COMMERCIAL EPITOME.
Tuesday
of this week, at which the constitution and
by-laws of the
organization were adopted and officers elected for the ensuing
Friday Niqiit, October 31,
1879,
year. The board will begin business on Saturday next. Upon
The stringency of the
the completion of a membership of 503, the initiation fee will
money market, to which we have had
be raised from $1,000 to $5,000. Seats will not be transfer¬ occasion to refer
the month now closing, has
throughout
able until after 90 days.
The number of votes cast at the increased in severity, until extreme
high rates are paid for
election was 212, but the organization claims
already to have a temporary loans, causing at times much
list of 400 members.
depression in the
Following is a list of the officers : Presi¬
dent, George \V. McLeanvice-president, James H. Conant; markets for merchandise as well as in railway securities.
chairman, Cortlandt L. Parker; vice-chairman, Thomas A. Those staples whose prices had been forced
up by speculation
Massett; treasurer, David O. Wotkerspoon ; secretary, Lemuel have suffered somewhat in
values. Conspicuous
W. Morse; assistant secretary, W.
among these
Oakley. The governing are pork, lard, coffee,
ommittee is as follows : To serve one
breadstuffs, and some minor articles. The
year—H. P. Chapman,
J. A. Brown, George H. Moller,
Darley Randall, Isaac Moses, weather has become more seasonable, and yet is quite pleasant—
J. D. Purss. To serve two years—Zaehariah
Nye, Jas. Kitchen, favorable, in fact, to the progress of regular trade, which
E. Tietzel, Mortimer Hendricks,
Eugene J. Jackson, R. W. continues active.
Gulager.
To serve three years—F. Kuhne, L. W.
Morse,
In the provisions market a decisive break
in prices has
Henry Dater, George P. Payson, Stratford P. Davidson, C. L.
Parker.
influential
occurred;
an
Following are the members of the several
wing of the speculative party has
committees : Finance—J. M. Lichtenhauer, J. H. H. standing retired,
leaving
little
support
to values. To-day pork was again
Nesslage,
James Turner, J. O. Fowler, W.
Oakley. Admissions—Abra¬ lower at $11 25 for mess on the spot; December, old and
ham Disbecker, Jonas Hess, Edward C. Brodhead, N.
new,
Campbell, options were sold at $10, and
Hurlbut Chapman, G. L. Hoppenstedt, Archer N.
January,
new,
at
$11
50
and
Martin, $11 45. Lard
Securities—E. G. Comstock, John E. Coale, Wm. M.
recovered somewhat toward the close ;
Sliaffner,
prime
H. K. South wick, John F.
Zebley, Jr., F. E. Trowbridge, Western was sold on the spot at 6*65@6*75c., do. for Decembar
Henry Demarest. ' Arbitration—N. S. Washburn, George W. at 6*80c.,
January 6’80@7,02/^c., February 7*10c., March 7’22^
Livermore, A. J. Winterton, Louis D. Beck, Adam C. Martin,
<d)7T2}£c.;
refined sold to the Continent at 7’27%@7T2^c.
Anthony Dey, P. Schuyler Hunter. The chairman of each of
Bacon
was very quiet at
these four committees will be ex-officio a member of the
6%c. for long and short clear together,
gov¬
erning committee. The president, vice-president, and treasurer deliverable here in December. Beef hams have been
advanced
are also members of the
governing committee, making, with to $15 50@$15 75. Beef has sold
fairly at full rates. Butter
the eighteen elective members, a full committee of
twenty-five. has been active at advanced
prices. Cheese has continued
Western Union Telegraph—American Union
Telegraph.— weak and unsettled ; prime factories 12@13c.
Below is the opinion of Justice Harlan, of the United
States
In Brazil coffees a large movement has been
effected, with a '
Supreme Court, in the case of the Western Union Telegraph
decline of %c. per lb. reported. Fair
cargoes now quoted at
Company rs. the American Union Telegraph Company, the
Wabash Railway, and the Central Union
16%c. Stock on the 29th instant in first hands, 66,442
Telegraph
Company.
bags.
This was a motion for an
injunction, which was argued before Mild grades have ruled firm, with a steady jobbing movement.
Justices Harlan and Drummond, in Chicago, last
Molasses has been rather quiet, but
July:
essentially firm at 30o.
First—That the Wabash
Railway
Company,
by
its
numerous acts of
Refined sugars close higher and
ratification subsequent to its organization, became bound
fairly active ; standard
by the contract
of May 2, 1870, as
fully as the Toledo Wabash <fc Western Railway Com¬ crushed, 10%c. Raw
grades are held very strongly at 8@8>£c.
pany would be If it were in existence and operating the lines of
railway for fair to
In question.
good refining, with a good movement.
-
“
“
Second—Notwithstanding the relat ions which some of the promoters
of the American Union Telegraph
Company hold to the Wabash
Company, the former must be regarded in this suit as an entirelyRailway
distinct
corporation, duly organized under the laws of Indiana, with power to
construct and operate lines of
telegraph
that
“
Third—It
in
State.
IUkIh.
Reeelivts since Oct. 1, 1879
24,910
Sales since Oct. 1, 1879..
Stock Oct. 29,1879
Stock Oct. 30, 1878
55,867
34,414
50,986
Boxes.
543
14,988
10,378
9,061
Bags. Mol ado.
155,116
121
260,160
1,045
417,486
1,550
143.565
1.772
competent for the Railway Company, which entered
into the contract of 1870. to grant to the Western
Union Telegraph Com¬
The market for
pany the privi ege, for a term of years, of using its right of
tobacco has continued very quiet,
way for the
purpose
of constructing, maintaining and operating lines of
and
the
sales
the
for
“
week
are
telegraph.
only 500 hhds., of which 400 for
Fourth—But consistently with the provisions of the act of
Congress
approved July 24, 1860, and with the principles announced in the case export and 100 for consumption. Prices are
un¬
of Pensacola Telegraph Company V8. Western Union
Telegraph Company, changed ; lugs are quoted at 3>^@5^c. and leaf
96 U. 8., 18, the Railway Company could
6@I2o.
The
not, by contract, put it in the
power of the Western Union Telegraph Company to oxclude from
movement in seed leaf has continued
such
large, the feature of tha
right of way other telegraph companies which, like the Western
Uniou
transactions
of the week being the sales of Ohio
Telegraph Company, accepted the provisions of the said act of 1806, and
growth, crop
whose lines, wheu constructed and in operation, w ould not
disturb the of 1878 ; sales of the week 2,469
cases,
as
follows
; 450 cases
liossession or materially obstruct the operation of the lines of that
Com¬
pany. The defendant Railway Company interposes no objection to the
crop of 1878, New England, private terms ; 200 cases
crop of
occupancy of its right of way by the A inerica u Union
Telegraph Com¬ 1878, Pennsylvania, ll@14c.; 119 cases crop of 1677,
pany ; on the contrary, it has assented thereto, and waived,
or does not
demand, compensation therefor.
It was unnecessary,
therefore, to vania, 27@30c.; and 1,700 cases crop of 1878, Ohio, 8%@16c.
institute proceedings against the Raihvay
Company to condemn its There
has been a better business in
right of way for telegraph purposes. Iam satisfied that the new line
Spanish tobacco, and the
can be constructed and operated
on the Railroad
sales
are 600 bales Havana at 80c.@$1
Company’s
right
of
way without interfering with ordinary travel thrroou and
10, and 162 bales Yara on
without sub¬
stantially interfering with the successful operation of any lines which private terms. *
plaintiff has erected or is Likely to erect, or need, on and over the same
In ocean freights a very moderate trade has been
right of way. The complainant is entitled to full
reported*
protection against
interference with the use of its lines, but it is not entitled
to bo
in some instances, particularly berth room, a
and
protected
by injunction in the exclusive use of the Railway Company’s
slight
irregu¬
right of way
assumed to be granted by the contract of 1870,
larity
in
rates
has
occurred.
Charter
think,
contrary,
as
1
to
tonnage,
however,
the public policy declared in the act of
by its
Congress and in the foregoiug
decision of the Supreme Court of the United States. It
scarcity, is firmly maintained. The engagements and charters
may
l>e
true
that
the defendant Railway Company has violated the terms of
the contract
included : Grain to Liverpool, by steam, 6%@7d.; butter and
of 1870 by voluntarily assenting to the use of its
right of way by the
American Union Telegraph Company without
cheese
40s.; bacon 35s.; cotton 7-32@Md.; grain, by
compensation. Still, the
Court cannot make that violation the basis of an
injunction against the 6%d.; do. to London,
now Company, without putting it
by sail, 5s. 3d. per quarter; do. by steam*
in the power of railw
ay companies
operating i he post roads of the United States, by private
60
7}£@7%d.,
lbs.;
do.
to
agreement
by sail, 6^d., 60 lbs. j do. to
with a telegraph
company, to
the purposes of the act
of 1860, which was to make the defeat
Hull, by steam, 7^@7%d.j do. to Cork for orders, spot
erection of telegraph lines on
the post roads of the United States (the consent of
the owners
6@7/£d.; do. by steamer to
of the right of way being
6s. 3d. per quarter;
obtained, or sueli rights of way being
oondemued for
was
Kentucky
nominally
Pennsyl¬
saii*jyjj@
Glasgow,
loading*
Phillipville,
telegraph purposes and compensation therefore
made)
free to all corporations submitting to the conditions
imposed by Con¬
gress, even against hostile Si ate legislation.
If in such cases State
legislation cannot prevent the occupancy of post roads for
purposes
telegraphic
by such corporations as are willing to avail themselves
act of Congress,
much less could
such results bo
through private contracts of corporations.
of the
rightfully obtained
Complainant may have an
injunction, if it so desires, against all interference whatever with the
operation and use by it of its present lines of
telegraph, upon and along
the roads of the defendant
Railway
Company
other
than such interference
as may arise or result from mere business
competition with other com¬
panies constructing rival lines; and further orders will, in that event
?>o made during tlie pendency of this suit as
may be uecessary to pre¬
vent such interference, but the application for an
injunction to prevent
the construction and operation by the defendant
telegraph company,
and all lines of telegraph whatever, upon such
right or way, is denied.
Judge Drummond will meet counsel In Chicago on the 20th, and such
orders will then be entered as may be consistent wdth
what is here said.
#*
The views herein expressed arc
equally applicable to tbe case
between the same parties pending in
the Circuit Court of the United
States for the Southern Distito of Illinois, and similar
orders will be
entered in that case.”
refined
petroleum to London, 3s. 10^d.
Naval
stores
have
continued to advance under rampant
speculative efforts, and partly due to legitimate causes, par^
ticularly the materially-curtailed production throughout the
South; good strained rosins are quoted at $1 75, and others
quoted $1 80; spirits turpentine held at 47@47}£c. Petroleum
has latterly been in better request, and closes steadier at
7^c.
for refined, in bbls., here. In metals
nothing of special interest
has transpired; iron is less firm, but few aotual
changes are
noted. Oils of all descriptions are higher, lard oil
excepted;
linseed is
firm
now
at
held at 80c. for American.
Ingot copper remains
2l%@'21%c. for Lake. Whiskey nominal at $1 15.
Clover seed lias declined, and
prime Western sold at 9Mc. fot
November.
CHRONICL'-'
rHF,
462
COTTON.
Friday, P. M., October 31, 187*
The Movement of the Crop, as indicated b.v our telegrams
from the South to-night, is given below.
For the week ending
this evening ^Oct. *1*, the total receipts have readied 245,613
bales, against 214.461 bales last week, 181,714 bales the previom
week, and 169,408 bales three weeks since: making the total
receipts since the 1st of September, 1879, 1,222,155 bales, against
1,005,355 bales for the same period of 1878, showing an increase
since September 1, 1879, of 216,780 bales. The details of the
receipts for this week (as per telegraph) and for the corresponding
weeks of four previous years are
as
follows:
Receipts this w*k at
1879.
New Orleans
69,076
Mobile
15,755
16,611
7,669
Charleston
Port Royal, Ac... I..
Savannah
28,834
25,385
1,993
251
162
3,173
1,022
40,706
27,196
21.167
OaI vpRtxm
26 071
33,622
26,843
17 621
22,696
29,775
24,452
296
884
383
560
847
14,219
2,514
8,159
8,833
163
391
464
8,591
28,841
10,793
7,782
3,591
7,902
20,464
6,276
7,206
24,953
3,635
7,222
33,108
1,979
5.173
20,337
245,613
157,280
177,336
201.904
175 244
732,374 1,009,547
915,744
1878.
1877.
1876.
1875.
50.098
54.280
14,707
28,698
18.771
12,726
30,398
22.079
48,245
rvoL. xnx.
he maraet has re nained quiet for cotton on ihe spot, and
prices have been vaiiable and unsettled. There was a decline of
£c. on uesday folk wed bv an advance of 1-Hc. on Wednesday
and a decline of l-16c on 'ibu sday/ Stocks have been so much
reduced by free shipments to Liverpool that quotations are for
the most part nominal.
'I o-dav there was an advance of 1-16c.
middling uplands closing at 11 5*1 Cc. and quiet.
'I he specula¬
tion in futures, though reliev*d from the effect of the efforts
towards a “corner'* on October contracts at Liv« pool, has yet
continued excited and feverish and the course of prices irregular.
October lias felt the influence of our reducer* suck, though the
short insert st app ared to be not large, while the winter and
sprirg months responded to the large receipts at the ports and
the stringency of the money market.
fl hus, on Tuesday October
was lower and the other mont's
slightly de rer. On Wednesday
October advanced 15-I00c and Nov< mber 7-10Cc., but the winter
months only slightly dearer.
Yesterday the feature was the
wide difference between November and December,
growing out
of the anticipation that shipments to Europe will continue
specially urgent in November, as they have be* n in October, but
the whole market closed depressed.
To-day, however, the de¬
cline of yesterday was more than recovered the better accounts
from-Manchester stimulating an active speculation, in the faee*
of a very free moverr eDt of the crop.
The total sales for forward delivery for the week are 847,300
bales, including — free on board. For immediate delivery Ihfr
total sales foot up this week 5,559 bales, includin 2,000 for
export,
2,985 for consumption, 574 for speculation, and - in transit. Of
the above, 2.270 bales were to arr ve. The
following tables show
the official quotations and sales for each day of the
past week:
00 823.8234
Indianola, Ac
Tennessee, Ac
Florida
North Carolina
438
Norfolk
City Point, Ac
Total this week
...
Total since Sept. 1. 1,222,135 1,005,355
1,291
The exports for the week ending this evening reach a total j
136>750 bales, of which 74,081 were to Great Britain, 16,979 to
France, and 45,690 to rest of the Continent, while the stocks as
made up this evening are now 524.688 bales.
Below are the
stocks and exports for the week, and also for the corresponding
week of last
season:
Week
EXPORTED TO—
ending
Oct.
Great
Britain.
31.
N. Orl’ns
France.
30,850
Mobile..
nent.
4,849
5,736
....
Charl’t’n
7,993
Galv’t’n-
N. York.
NorfolkOther*..
-
•
.
2,477
1,660
28,769
26,807
11,005
9,428
8,033
11,273
16,179
4,758
4,955
*
....
....
2,102
....
1879.
1878
15,508 185.198
25,893
15,536 49.180
....
11,960
.
Same
Week
1878.
41,435
....
8,816
10,628
3,770
2,813
8,033
9,171
Savan’li.
Total
this
Week.
Conti¬
STOCK.
74,081
16,979
45,690
136,750
52 039
14.177
♦The
94,173 106.266
14.783
72,426
35,818
45 374
5,704
36.000
17,830
9,110
26,000
25 5
77,314
*<
115,047 524,688 424.154
53.770
95,414
589.606
100,584 bales
0/*diu’y.$ft>
In addition
ldljfi
to aoove
are
prepared for
Oct. 31, at—
New Orleans
Mobile
Charleston
Savannah
Galveston
New York
our
Liver¬
Total.....
special
use
by Messrs. Carey, Yale &
Good Ordinary
Wed
!»15,„
1011,0
12
12%
12%
11%
12%
13%
13%
13%
13%
10
103s
10%
1« %
11
1<
10lolH
n*i« il%
115,0 11 %
115,0
117I6 113a
Fri.
Th.
915,6
Uloi
10
103s
106,0
%
11
1011,0 10%
1015,0 11
11%
11%6 11%
1
16,0 11%
Hhe 11%
US,*
117,1
1111,0 lUiifl 115a
lll5l«
11%
127,0 127,0 12%
133,0 133,6 13%
1111,6 1158
sal.
Wed
10
ills
1H316 1115,0 1178
i^,B '27,0 1230
131,0 133,0 13%
13
12
Fri.
105Jh
11
113s
11%
11%
1158
11%
12 3s
Th.
10%
119,0
rue* Wed
10%
10%
10%
Low
1013,* 1013,0 1011,0 10%
lDirt ll*ie 1615,0 11
France.
Other
Coast¬
Foreign
wise.
25,723
10,448
8.0u0
None.
None.
50O
2.500
4.842
1.500
None.
Ports.
213
None.
3.100
1,050
3,0* O
15,800
2,689
2,500
2,0u0
1,867
None.
5,000
Total.
68,713
8,500
116,485
17,393
7,400
41,780
55,473
38,700
33,269
*7,50o
20,000
39,157
28,318.
42,000
....
RECEIPTS SINCE
SEPT. 1.
1879.
M.Orlns
Mobile.
Char’n*
209,653
76,965
137,281
206,708
130,067
14,936
Florida
2,966
30,868
-
137,531
29,547
1878.
74.448
29,865
171,675
247,254
146,092
14,381
6.613
33,108
112,374
13,265
976,522
Tow*
EXPORTED SINCE SEPT. 1 TO—
Great
Britain.
67,217
•
•mm
38,969
34,298
35,619
108,926
....
3,497
31,997
45,818
366.341
84fiO“5
249,449
France.
20,724
....
1,825
....
4,544
9,698
....
....
....
....
36,791
!
Other
Middling
Middling
MARKET
117,0
11**16
1115,0
127,0
133,0
Tb.
Fri.
Foreign
11,940
....
5 280
11,450
5,431
9,452
....
142
2,460
3,519
49,724
TotaL
....
46,074
17,933
53,932
45,748
91 430
45,644
58 652
128,076
24,390
....
3,639
34,457
27,175
49,337
7.25i»
11,514
452.856 447.429
51.218
317 795
416,398
8irm*- Tran¬
45*6
Total
Total.
74
10*16
107,6
0%
1011,0 10%
11
1OU-10
489
2,000
2.985
FUTURES.
Deliv¬
eries.
Sales.
953 144.300
720 143,700
697 171.200
5*66
800
550
200
.
sit.
720
247
.
....
70#
500
400
600
1,7*9 156.900
220
430
770
574
....
The dally deliveries given above are actually
vioue to that ou which tuey are reported.
93,200
630 138,000
2,000
5,559 847,300
5,300
1,10©
delivered the daypre*
For forward
delivery the sales have reached during the week
847,30 bales (all middling or on the basis of middling), and the
following is a rtatement of the sa es and prices :
For October.
] Bales.
Bales.
Ct
1,500.
•00
11 05
2,8 0
600
1107
2, 00.
.
1,100.
.......
900
<00
600
...
00
1500
11*08
1, 00
1P09
.11 10
II 12
800
30
1, 00
l,7i K).
1113
1114
;
400.
5 0
lPli|
1/00
U-18
6,700
11 *.0
200 s n 3 t 11*21
1,5 0.
200 8 .818111*21
4,10 •
3,800
1,700
11*21
500
.11-22
3,400
11-23
600
1,1*
4.200.
1/00..
11 24
300 .n.-8thli-25
1,700.
1,300
1,400
99.881 155.153
Con-
879
Quiet
T.ies. Quiet at % dec
Wed
Qu’t, firm, 1,0 ad.
Thurs Steady at 1,0 deo.
Fri.
Qu’t, 8t’dy,i16ad.
101,0 10
107,0
AND TRANSIT.
port. sump. ul’t’n
Firm
Sat.
200
.29
.
2000.
1,500
1,40 1
2/00.
...
.
00....
7 100
.
.
...
1,2 0
200
300
300
.
...
Cts.
.
..11*27
11-28
.11-29
11-30 |
1131
.11 32
11-31
1134
...1*36
—
33,900
Fo* NoV“irber.
700
6 500.
8,<00
4,7< C
6, 00
*,*00
....
..
8.8 0
8,400
5, 00
1, 00
2,800.
2,100
3,400
Cts.
100 s.n.6th.l -25
1.300 ;.
11-25
2,200
....
..
...
.
....
..11*00
.ll*«'l
...
110:
11* 3
.11 04
11*05
11*06
.
.
...
11*07
...
...
..
..
.11*0*
.1100
.1 10
11*11
,.
6 400
1*27
11-28 i
11-29
1130
1135
7.000
111§
11*11
11*12
11*13
11*14
11*16
1116
11*17
400
200
20
200
..
.11*12
1113
.1 *14
.1 *15
11*16
.11*17
11*18
.11*19
.1 * 0
.11*21
.11*22
li2<
1
1!*<^
2,700.
4, 00
....
10,8 P
1,200.
.
...
.
Cts,
I
>
I
.1J-6
.
1,800
.10-93
10*94
..10-95
..10-96
10*97
10-9.1099
Bales.
....
.
1,900
8/} 0.
1*00
-/00
Bales.
.10-89
..lc>"v*0
10*91
10-94
.
l'*<5
11” 5
1
600
17,098
Ex¬
10
103a
AND SALES.
SALES OF SPOT
SPOT MARKET
CLOSED.
1,000
Stock
•Under the head of Ofotrletton Is inoluded fort ituyai, Ao.; uuaer the head of
Vmtoeston is inoluded Indianola, Ac.; under tu« nead of jSvrfvU is included Cit
Point, AO.
7
...
.
Leavin
Stock.
The following is our usual table
showing the movement of
eotton at all the ports from Sept. 1 to Oct. 24, the latest mail dates:
1/fl
11%
llSg
11%
12*2
13%
103s
11*16
11&10
...
Shipboard, not cleared—for
99,350 34,56*
37,03" 11.130 184.0«2 34 0,606
* Included in this amount tbei e are
2,000 bales at presses for foreign ports, the
destination of which we cannot learn.
This yr.
11%
11%
11%
11%
1138
!b. 1018
M.»n
32,329
3,250
17,400
23,871
1,500
13,000
Other ports
Other..
1 130
111^
11%
10
11
lOlo,B
to-nighi
street:
pool.
N. Car.
9%
9l31ft
9i6ie
105,0
101%6
12
13%
103,0 104
1(*916 1058
1013,0 1078
10i16
10-16 106,0 107j„ 107,0
l<il3|0 1011,0 1013,0 101 3,h
Srriet Good Ordinarv
were at this time a year ago.
exports, our telegrams to-night also givt-
On
NorTk*
Th.
915„ 101,6
Mon. Tne»
11*16 1015u H%6 11%« 101516
113,6 11 he U3,e 1 1 *16 H‘16
121s
Fri.
STAINED.
than they
more
Lambert. 60 Beaver
Galv.*.
1 *4
13
11%
Middling.. U51« 11*4
Good Mid- 119.6 1H2
Srr. G’d Mid ll'he 113*
Midd’g Fair
12^4
the following amounts of cotton on shipboard, not cleared, ai
the ports named.
We add also similar figures for New York,
N. York
9%
Strict Ord. 10 <4
Good Ord. 10®8
Str. G’d Ord 1078
Low Midd% 11
Str.L’w Mid 11*16
ns
Bav’h..
918lfl 101,0 101,0
TEXAS
*al.
exports
From the foregoing statement it will be seen that, comparea
with the corresponding week of last season, there is an iiura*t
in the exports this week of 21,703 bales, while the stocks
which
916lf
123s
13%
Wed
432 842
this week under the head of “other ports” Include, frrm
Baltimore, 667 bales to Liverpool, and 2,102 bales to the Continent; from
Boston, 4,480 bales to Liverpool; from Philadelphia, 1,144 bales to Liverpool;
from Wilmington, 2,890 bales to Liverpool.
are
Midd’g Fail 12%
Fair
l3%
Fair
440,422
91516
Mou Tues
sal.
Strict Ord.. l(,Bl«
10*3,0 107,0
Good Ord
I0n1f< ion,* 109,h 1013^0
Str. G’d Ord ll)tOl0 101*16 1013,0 11*16
Low Midd’y 1 ll10 11*16 10l&,6 113,0
8~r. L’w Mid 11*4
11%
Ills
113s
11 1*2
113s
Middling.
113s
1114
Good Mid
11 ^
llSg
11%
1158
Str. G’d Mid 11%
1 1 78
12
113*
85,654
41,<68
13,338
Tot. since
Sept. 1.
roe*
Skt.
Ordiu’y.#1b
NEW ORLEANS.
.
Tot. this
week..
UPLANDS.
Oct. 25 to
Oct. 31.
....
8,600
F
r
December.
80°
1,000.
1,8 0
3,5 0
2,100.
1,000
6, 00
11,500
10-85
..
....
4400
6, 00
4,000
700
1,400
7.400
4,500.
14,5:00
3,*00
6,. 00
...
2.600
1 -7
10-88
.1* *89
2/00.
10 90
10 91
1 *9i
3.500
...
.
2,800
3,700
6 100
5,900
3,4<>0.
10,200...
....
11 01
.1102
.11*0
.1104
ll*0»
.1 -os
HOT
.11*08
11*24
11*25
11*26
11*21
11*88
...
5. 00
2,4 0
too
200
10*93
10-4
.10-9.
.10-93
10-97
10; 9
.
,....11*28
1,300...
6 900.
.11*29
..
.
.11*06
201,800
.1 *H8
..
inf
ll*i#
11*21
11*22
4,400
1086
.
..
11*18
1.800
2 600
1
For Januai
1,100.
1/00
,.
.
..
1099
.' *400
6,100..
«,*,D0
7/00
6.7 0
tjMO
..
....
11*02
11*03
11-04
11*05
000099..57
000371.3.891
00055361477..100.1471
5
<yta.
Bales. '
11-34
11-OS
11* 9
ll’lO
»11
11*12
.11 1
11*14
II 15
11-16
H* 7
000 027564325...217466.12
4,800
8,70 '
«,000
00 4753..21146.12
11,'0 )
10,100
3/00
It*1S
5 900
>.
....
..
4,300.
8,200
,
11*23
8,000
4/00
1
I
'
I
302,700
February.
11-13
f....1119
11-20
11-21
11*22
11-23
1,3)0
400
400
2,000.
2,900.
2,000
2,300
59,800
100..
.
1
..
11-41
..
1 *42
11-43
11-44
11-45
..
100..
1,900.
11-53
11-54
11*5 V
11-57
200.
700..
400
800.
800.
200..
100..
11-00
300..
100.
-...11-C2
800
800.
600.
100.
500..
600.
700..
501..
300..
11 78
li-80
11*83
11-83
11-85
000..
11*51
11-52
500
400
500..
900..
0 0..
700.
11-51
400..
100..
11-48
.
10-497
1,«00
H-?8
11-29
11*30
1,900..
900
11-05
11-31
1,300
11-66
300
11-07
2,200
11-68
300
11-69
3,100
1,500
11-32
11-33
11-34
1V35
11-36
400
600
600
1137
11-33
11-39
1,700
5,400.....
800
11-70
100
100
500
11-71
11-72
11-73
11-75
11-76
•
%00.
200
11-41
11-42
4 000
11-43
2,60.
11-44
1,500.
...l'-77
11-78
11-80
11-81
11-83
11*84
200
501
300
100
.11-45
300./
1,300
1,800
11-46
11-47
900
1148
2,900
3,890
*...li*49
11-50
1.000
11"51
1,630
11*58
100
400
200
400
700
600
200
100
800
11- 9
1,500
11-52
11-53
11-54
11-56
1,000
1,400
11 57
11 58
11-59
11*31
200
11*32
1,000
1,500
11-60
11*33
200
11*61
For
400
400
200
400
500
100
900
For May.
11-00
11-62
11*64
11*05
l'.*06
11-67
11 68
11-69
July.
11-82
.11-83
.
11-94
1,000
300.
500.
....
..
500
800
r
the week
Tuesday.
Market.
Variable.
Depressed.
Irregular.
Day.
JjOW.
Closing
Bid. Ask
High. Lorw.
High.
October 11-35-11*25 11*30 31 11-30 11-21 11-21
“
s.n.
-11-21
-11-25
Nov’lier 11*35-11*18 11*22 — 11-19 •1101 1101
Dec’ber 11*35-11*20 11-23 24 11*23 -1100 11 00
Jan’ry 11*49-11*30 LI 35 36 11-35 -1111 11*12
Feb’ry.. 11-63-11-44 11-49 50 11 -46 -11-29 11-26
March. 11-70-11-62 11-64 65 11-60 •11-41 11-41
April... 11*84-11*76 11-79 80 11-77 ■11*57 11-55
May.... 11*91-11*35 11-91 93 11-81 ■11-69 11*69
June.
1200-11*97 12 03 06 11-97- 1L-84 11-81
July ... 12*15-12*12 1213 16 1205- 11-92 11*91
Tr. ord.
11 25
11*35
Closed.
Ste-idv.
Weak.
—
.
..
High.
Low.
23 11*15-11*05 1115
02 1104-10*88
01 11 05-10-87
— 11-17-10-99
28 11*30-11*13
42 11*44-11-28
57 11*59-11-41
70 11-70-11-58
83 11*84-11*70
93 11-94-11-87
1115
Firm.
03
01
•15
*29
•44
•58
•73
•85
*96
Friday.
Market.
Firmer.
Lower.
Higher.
Bid. Ask
Low.
11 32 11 21 1130 —
1118 11*01 11*10 1116 1100 11*05 06
11*30 11-12 11*17 —
11 *45 11-26 11 31 32
11-58- 11-42 11"45 47
11-73 11*5
11-60 61
11*6 11*77 11*75 77
11*93- 11-90 11 -92 94
I2*0->- 1200 12-00 02
High.
Ootober
Nov’ber
Dec’her
Jan’ry.
Feb’ry.
March..
April...
May....
June...
July
...
Tr. ord.
Closed.
High.
Low.
Closing
For
Bid. Ask
High.
11*30-11-13 11*12 14
11 08-10-99 10-38 99
11-03-10-90
91
11* 17-11*03 11*03 04
11 30-L118 11*17 18
11*45-11-34 11*33 34
11-59-11 -52
49
11-7211-61 11-62 61
11*74 77
11-84 87
11-30
Finn.
11-00
Barely steady.
Day.
—
—
02
-
30
this
week’s
returns,
—
1879.
273.000
56.1*3
Liverpool stock
Total Great Britain stock
Stock at Marseilles
Stock at Barcelona
Stock at Hamburg
Stock at Bremen
Stock at Amsterdam
Stock at Rotterdam
.
751.250
40.000
880.500
200,000
243.000
40,000
30.914
172,000
29,000
421,198
642,356
60,173
71.872
5,000
8,000
descriptions
151,000
159,000
270,000
173,000
231,000
172,000
421,198
63,173
5,000
424,154
53,734
21,000
160,000
245,000
243,000
642,356
71,872
8,000
...
...
...
...
131,000
151,000
233,000
56,183
93,988
31,250
50,750
27,000
32.250
128,250
81,374
36,914
108,000
21,000
87,250
40,000
29,000
399,459
362,000
314,000
200,000
40,000
416,250
715.500
1,062,371 L ,370,223
1876.
At the Interior Ports the movement—that is the
receipts
shipments for the week, and stocks to-night, and for the
corresponding week of 1878—is set out in detail in the following
aud
statement:
Week
ending Oct. 3 L, ’79.
Week ending Nov. 1, *78.
Stock.
Receipts Shipm’ts Stock.
Closing
Bid. Ask
Low.
10.156
8,406
4,737
4,166
2,922
2,758
Montgomery, Ala
Selma, Ala
Memphis, Tcnn.*
Nashville, Tenn..
6.498
6,812
5,266
1,500
6,253
1,438
2,822
5,792
3,590
7,101
8,921
4,500
6,689
Total, old ports.
38,307
27,455
Dallas, Texas....
Jefferson, Tex.*..
3,635
700
4,725
2,174
4,591
33,659
25,342
53,734
3.914
2,523
1,150
1,546
1,167
700
200
673
5.595
2.286
3,329
1,519
....
....
837
283
208
Total, new p’rts
64,489
102,796
1
6,561
41,330
3.023
Total, all
10,070
3,816
18,294
5,423
6,875
5,676
7,459
70X
2,634
23,460
6,465
1,769
3,727
10,152
10.000
4.297
-
4,454
9,316
4,106
3,112
4,129
3,409
569
3,79 L
5,772
1,627
1,861
1,426
5,482
4,286
6,526
1,780
1,573
11,042
3,885
3,712
5,134
1,705
Shreveport, La
Vicksburg, Miss..
Columbus, Miss..
Eufaula, Ala
Griffin, Ga...;...
Atlanta, Ga
Rome, Ga
Charlotte, N. C...
St. Louis, Mo.....
Cincinnati, O
..
11-21 10 96 11*14
Li*r» 1085 1110
11-30 10-98 11-22
11-44- 1113 11-37
11*61- 11-31
11-54
11*77- 11-45 11-69
11*90- 11-60 11-84
12 00 11-71 11 97
L2-12- 11-33 12 07
11*15
15
—
23
38
55
70
80
99
463
990
1,406
4,970
*
33
2,423
43,844
3,856
3,536
2,261
3,016
3,526
2,100
23,209
9,309
3,653
1,816
2,701
3,7436
2,081
16,358
9,023
55,599
74,40.5
51,903
43,073
83.054
115,735
85,562
68,415 115,034
1,840
1,225
6.878
3,388
1,516
2,188
6,469
3,498
500
35,442
2,104
61,300
Estimated.
year.
Receipts from the Plantations.—The
following table is
prepared for the purpose of indicating the actual movement each
week from the plantations.
Receipts at the out ports are some¬
times misleading, as they are mile up more largely one year,
than another, at the expease of the interior stocks.
We reach,
therefore, a safer conclusion through a comparative statement
Like the following:
RECEIPTS FROM PLANTATIONS.
Receipts at the Ports. Stock at Inter’r Port* Rec’pis from Plant’ns
Week
09
ending—
Easy.
and consequently
0
1877.
1878.
12,380
1879.
1877.
1878.
57,509
52,154
35,811
34,154 37,570
29,315 32,429
23,287 29,300
21,240 25,223
19,075 22,388
18.033 20,691
It
13
9,390
8,520
11,231
II
20
8,520
10.721
11,089
0,612
7,188
II
27
0,519
0.879
0,293
4
0,102
5.949
11
4,404
5.287
14
18
3,076
14
25
3,299
3,782
4,080
3,037 32,077
3,032 28,997
2,809 27,979
3,272 25,361
2,503 22,472
3,945 21,574
3,402 19.118
4,843 17,000
4,875 10,278
June
July
l*
1
2,091
3.071
41
8
2.102
3,009
44
15
1,733
4,057
2.044
5,099
Aug.
1878.
1877.
1876.
44
22
302,000
408.000
474.01*0
41
29
31.2 50
27.000
32.250
flept. 5
433.000
506 250
120.000
1.500
160.000
170 7)0
7,000
4.000
44 000
50.000
22.004
19,100
7.7>0
4.500
*3.750
33/-'50
11.LOO
43.0 *>
9.000
47.0 0
4*
3 .OOO
63.000
*»
1,283
7,009
9,000
12,750
4«
12
19
4
•
Oct.
20
8
44
10
44
17
24
81
....
45,700
15,494
12,527
11,005
8,318
1879.
15.528
1877.
1878.
....
3,171
2,141
.....
2,308
1,324
2,058
1879.
7,509
6,392
4,693
4,832
4,334
6,401
1,471
4,065
3.045
1,335
1,243
14,410
13,96d
081
1,119
2,149
13,049
11,477
1304
410
2.210
802
•
*«#
2,154
2.069
8,028
1,890
13.920
10,449
30,054
10,272
9,979
18,971
70,933
98.803 127,729
70,040 130,990 102.303
.100.264 148.150 100,408
133.034 100.233 181,71;
15.104
26,377
2,549
7.463
829
1,126
5,460
8,013 10378
7,301
4,713
0.056 80.136 10.217
9,598
14.563 11,932 56.423 85,019
23396 21,177 81.761 86.265
20.510
37.872
40.774
29,720
41,891
47.208
62.207
4,335 15,784
5,885 26.750
12,109 47,431
22.345 74,355
43,128
I
I
are m
The above figures indicate an increase in the cotton in sight to¬
night of 1)1,057 bales as compared with the same date of 1878,
an increase of 53,324 bales as compared with the corresponding
date of 1877, and a decrease of 553,783 bales as compared with
333.250
1.500
543,000
108,000
270,000
21,000
424,154
53,734
21,000
81.374
312,468
Total visible supply
1,531,945 1,440,888 1,478,621 2,085.728
Prioe Mid. Upl., Liverpool....
5ri16d.
7%d.
6^d.
6318d.
89,800
3.973
...
Total East India, &o
Total American
329,183
*36
../
Egypt, Brazil, &c.,afloat..
»»
Stock at Havre
474,171
The above totals show that the old interior stocks have
increased during the week 10,832 bales, and are to-night 12,404
bales l -89 than at the same period last year,
t’he receipts at the
•ame towns have been 4,648 bales more than the same week last
brought down to Thursday evening; hence, to make the totals
the complete figures for to-night lOct. 3t), we add the item of
exports from the United States, including in it the exports o1
Friday only:
Stock at Liverpool
Stock at London
373,250
1,132,486 1,078,888 1,062,371 1,370,228
London stock
Continental stocks
India afloat for Europe
59
76
88
99
The Visible Supply of Cotton, as made up by cable and
telegraph, is as follows. The Continental stocks are the figures
af last Saturday, but the totals for Great Britain ar.d the afloat
are
Total American
Macon, Ga
t3F* Also, Friday, November, short notice, at 11*25.
for the Continent
318,250
142,000
51,000
342,468
524,688
41,330
31,000
.
*
Thursday
Day.
209,750
1,531,945 1,440,888 1,478.621 2.085,728
.
Augusta, Ga
Bid. Ask
Wednesday.
For
144,988
31,000
.
Columbus, Ga....
Closing
Day.
Futures
Closing
:
for futures,
each day in
Monday.
Bid. Ask
8,250
Receipts Shipm’ts
Saturday.
For
8,750
41,330
supply
12*15
•14 pd. to exch. 100 Oct. for Feb.
For
6,692
1876.
13,750
13,000
.11-14
Futures
Day.
.12-00
.1304
.1205
1212
1877.
5,000
Of the above, the totals of American and other
follows:
4
American—
5,400
The following will show the range of prices paid
and the closing bid and asked, at 3 o’clock P. M., on
the past week.
Closing.
11-87
.11-91
.11*92
1878.
3,250
524,688
.
5,500
2*3000
*10 pd. to exch. 100 Nov. for Oct.
*10 pd. to exch. 200 s. n. for regular.
For
Stock in United States ports ..
Stock in U. B. interior ports...
United Ste .es exports to-day..
.
For June.
700
.11 71
100
100
800
n-74
200
200
200
500
.11*84
100
.11-90
200
.11-91
700
11-92
11*03
1,000
100
200
200
11-08
10
.11*99
300.
100
.1307
......11*04
1,600
11-40
2/00
—
Egypt,Brazil,&c.,aflt for E’r’pei
19,100
11-58
11-59
11*60
11-61
..11*02
'1-03
1,000
1,600
—
..
.
11-50
400
400
For March.
2 :0
100
Day.
Total European stocks..
India cotton afloat for Europe.
Arner’n cotton afloat, for Eur’pei
—
700..
400
300
300
11-24
11-25
31-26
H-27
11-28
11*29
li 30
For
Total continental ports....
1,300.
1,200
2,500
-
1879.
Total visible
11-89
11-90
11-ML
11*92
11-93
463
Stock at Antwerp
Stock at other oonti’utal ports.
11-73
11-74
11*75
1,600.
For April.
11-43
30
500.
500.
300
200..
700..
11-09
800
.
1,500.
—
77,400
11-49
500
11-41
114>
11-43
Cts.
11-70
11-71
11 72
Bales.
8'K).
.
l,lf'0.
1
11*41
11-43
11-44
11 45
...11-14
11*15
11-16
11-17
11 18
300.
100.
.
.
2,200
I
I
.11 40
800
200
500
500
11 39
1 *40
200.
,
11*24
11*25
11-26
..11-27
11 2S
11-29
11-30
11*31
11*32
11-33
11-84
11-35
11-38
11*37
1138
11*39
7,60)
1,400.
2.000.
I
11*2 i
12,800
3,000.
3.500
11*85
ll-<0
11-37
11-38
11-44
11-45
2,200
....11*19
300.
11-2 » I
1121 |
10,500
rts.
U-0i
11-65
-11*00
U-07
11-68
Bales.
200.
Ct8.
.
.110<
e,ouo
For
400
THE CHRONICLE.
1879.]
JTOTBHBB& l,
0.238
5,999
6,593
48.534 110.358 144.607
79,250 140.326 178.735
08.913 121,435 100,773 180,114
50.823
79,507 81,227 151.908 J80.007.194.aai
157,609 102-2381214.40) 80,374 97387 95,993 179338 180326 22032T
|15/V**' 1 i k -o~ *-*>*-rw 1~« 40jl ■» ** 9 X5
177.33^ 157,2 O1 >45*10 W5
58.745
■
.'V
I
§
464
THE CHRONICLE.
The above statement shows—
1. That the total receipts
from the plantations since Sept. 1 in
1879 were 1,339,569 bales; in 1878 were
1,114,737 bales; in
1S77 were 833,390 bales.
2. That the
receipts at the out ports the past week
were 245,613 bales and the
actual movement from
plantations
265,355 bales; the balance
being added lo stocks at the in¬
terior poris.
Last year the receipts from the
week were 174,427 bales, and for
1877 they
same
Augusta,
[VOL. XXIX
Georgia.—During the
earlier part of the week
had light rains on two
days, with
dredths of an inch, but the latter
a
rainfall of
we
fifty-nine liun
portion has been clear and
progress
and cotton is being
sent to market
freely. The thermometer has averaged 73,
the
highest being 77 and the lowest 40. There has been a
rainfall
during October of two inches and seventy-six hundredths.
Charleston, South Carolina.—We have had rain on two
pleasant.
plantations for the
202,776 bales.
Picking is making rapid
days
during the week, the rainfall reaching one inch and nine hun¬
dredths. Average thermometer
58,
little rain the past week, and the
The following statement we have highest 70, and lowest 44.
weather has
also received
been
generally
by telegraph,
favorable for maturing and
showing
the
height
of
the
rivers
at
the
gathering the crop. There were hard Oct.
points named at 3 o’clock
30,
1879, and Oct, 31, 1878.
frosts at Memphis again on
Saturday and Sunday, which were
Oct. 30, ’79. Oct. 31, ’78.
very welcome in putting an end to the
fever, but the frosts do New Orleans
Feet. Inch.
Feet. Inch.
Below
Weatiier. Reports
by
were
Telegrapii.—There
has been but
%
n<Jt appear
to have extended much
further south with
any
severity.
not received.
List week
clear and cool, the thermometer
averaging 53,
ranging from 44 to 62.
Vicksburg, Mississippi.—We have had no rainfall
during the
week.
The weather is warm.
and
mark
13
4
..
Above low-water mark...
Above low-water mark....
Above low-water mark...
Above low-water mark.
Nashville
Galveston, Texas.—There has been rain here on two
days of
the week, drizzles, but not
enough to do much good, the rainfall
reaching only eight hundredths of an inch. The
drought is now
more severe than at
any time during the year, but as the week
closes there has been a favorable
change in the weather, with
indications of rain. The thermometer
has averaged 65, the
highest being 78 and the lowest 51. The rainfall
for the month
of October is
thirty-eight hundredths of an inch. '
Indianoia, Texas.—We have had no rainfall
-during the week
and are needing none.
Average
thermometer 65, highest 79 and
lowest 52. There has been a rainfall
during the past month of
six inches and
sixty hundredths.
Corsicana, Texas.—It has not rained here the
past
we are
needing some. We have had a frost, but not a week, and
killing frost.
Picking is progressing finely. The thermometer has
averaged
62, ranging from 39 to 84.
During the month of October rain
fell to a depth of two inches and
twenty-five hundredths.
Dallas, Texas.—We have had a frost
during the
but it
was not a
killing frost. There has been no rainfall,week,
and we are
needing rain terribly, wheat planting being still retarded.
Many
sections in this
vicinity wTill make a fair top crop of cotton.
Grasshoppers are spreading throughout all the
region west and
southwest of this point, but it seems
they
are not doing any con¬
siderable damage. Average thermometer
62, highest 84 and
lowest 39. '1 he rainfall
during October has reached sixty-six
hundredths of an inch.
Brenham, Texas.—It has not rained at this
p >int during the
week, and there is terrible suffering, but the
picking
season has
been excellent.
The thermometer has
ranged from 46 to 84,
averaging 63. Not a drop of rain has fallen the
past month.
New Orleans, Louisiana.—Rain has
fallen during the week
on one
day, the rainfall reaching seventy-nine hundredths of
an
inch. The thermometer has
averaged 63.
Shreveport, Louisiana.—Telegram
the weather was
high-water
Memphis
Shreveport
8
9
13
4
3
4*5
12
4
2
18
Missing.
Vicksburg.
0
8
Missing.
New Orleans reported below
high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was
mark of
1871,
or
changed to high-watei
April 15 and 16, 1874, which
is (MOths of
lb feet above low-water mark at
that point.
foot above
a
Comparative Port Receipts and Daily
Crop Movement.—
comparison of the port movement by weeks is not
accurate,
as the weeks in different
years do not end on the same
day
of the
month.
We have
consequently added to our other
standirg
tables a daily and monthly
statement, that the reader may con
A
stantly have before
him the data for
seeing the exact relative
we give the
receipts at.
ending to-night.
movement for the years named.
each port
each day of the week
PORT RECEIPTS FROM
D’ys
of
we’k
New
Or¬
leans.
Sat..
|
Mobile.
i
3,227
Mon 15,204
Tues 13.506
Wed
2,851
Thur 15,197
Fri.. 19,091
2,542
5,548
3,406
1,628
1,172
1,459',
First
SATURDAY, OCT. 25, ’79,
TO
FRIDAY, OCT. 31, '79.
Char¬ Savan¬ Gal- ' .Norleston. nah. vest’n.
folk.
Wil¬
1
3,066
6,312
3,918
3,614
6,648
8,855
6,367
4,545
7,655
1,515!
5,430
6,053
6,216
5,648
4,578
3,576
3,344
8,205
All
ming¬ others.
ton.
Total.
1,222
1,134
2,575
50,407
3,559
3,494
5,732
4,996
5,643
5,412
707
1,625
2,175
1,347
1,716
6.)6 16,259
Tot.. 69,076 15,755 23,834
40,706 26,071 28,341
The movement each month since
Year
Monthly
1879.
8ept’mb’r
1878.
Beginning Septemlier
1877.
41,656
27,552
39,450
00,114
7,631 28,649 245,613
Sept. 1 has been
Receipts.
4,607
2,267
'
26,434
1876.
as
follows:
1.
1875.
1874.
333,643
888,492
288,848
95,272
639,264
583,637
236,863
675,260
610,316
134,376
536,968
Total year 1,222,135
978,112
678,959
912,128
779,393
671,341
October..
Perc’tage of tot. port
169,077
receipts Oct. 31
21-99
Columbus, Mississippi.—The days have been warm
15-62
22*59
18*59
19*20
nights have been cold the past week, and there has been but the
This
no rain¬
statement
shows
that
fall.
The thermometer has
up to Oct. 31 the receipts a‘. the
averaged 53, with a range of 68 to ports this year were 244,023 bales
48. The rainfall
more than in 1878 and
during
the past month has reached six inches biles|more than at the
543,176
same time in 1877.
and thirty-two hundredths.
By
adding
to the
above totals to Oct, 31 the
Little Rock,
daily
receipts
since
that
time,
we
Arkansas.—Sunday
and
shall
be able to reach an exact
Monday last were cloudy,
but the remainder of the week has
comparison of the movement for
been
clear and
the different years.
pleasant. The
thermometer has averaged
54, the highest being 77 and the
lowest 33. It is now
(Friday P. M.) turning colder, with indica¬
tions of rain or snow.
Nashville, Tennessee.—There
has been no rainfall
past week. The thermometer has
averaged 53, with
range of 37 to 74.
Planters are
1879.
during the
an extreme
Montgomery, Alabama.—It
288,848
Oct. 1....
95,272
20,785
21,495
23,599
23,283
17,537
24,181
22,862
13,941
8.
9,741
12,179
10,720
12,903
10,210
30,71-.
8.
19,247
18,609
8.
21,523
32,049
24,533
20,722
18,950
20,348
19,812
weather is
ing cotton to market freely.
Madison, Florida.—Rain
fine.
now
Planters
are
“
to
has
freely.
85, averaging 61.
done.
Planters
are
day, but the rest of
the week has been pleasant.
The thermometer "lias
averaged 65.
Columbus, Georgia.—It has rained
during the week on one day,
the rainfall
reaching sixty hundredths of an inch. The ther¬
mometer has
averaged 85. The rainfall for the month of Octo¬
ber is six inches and
on one
seventy-three hundredths.
Savannah. Georgia.— Rain has fallen on two
days, the rainfall
reaching eighty-two hundredths of an inch, but
the balance of
the week has been
pleasant. The thermometer has
averaged 58,
highest point touched having been 15 and the lowest
Ai.
37,355
S.
25,809
21,335
23,504
35,621
21,819
25,800
24,369
24,966
8....
9....
10....
“
Ur..
12....
“
44
13....
44
14....
15....
44
17....
44
18...
19....
8.
44
44
20....
44
21....
44
22....
44
23....
24....
44
.
16....
44
4* 25
“
...
27....
44
28....
44
29
...
44
30....
44
31....
Total
22,539
S.
19,304
18,399
21,302
11,875
26,402
S.
29.014
35,142
21,081
20,815
21,359
23,632
21,673
27,622
25,313
27,764
20,549
31,161
22.510
8.
19,503
19,197
20,116
17,584
22,115
15,078
16,384
19,445
17,743
17,381
18,207
14,597
S.
14,766
14,416
S.
27,582
20,714
18,726
18,542
20,751
16,819
28,753
8.
24.796
25,981
23,463
22,054
27,825
20,782
28,164
21,432
S.
42,970
26,434
25,275
33,737
S.
22.759
29,489
8.
total
p’rfc rec’pts Oct.31.
20,576
20,513
25,171
19,629
S.
27.821
30,656
27,174
26,606
22,098
Percentage of
32,312
21,822
8.
22,873
23,157
•1,222,135
8.
38,513
21,034
26,617
50,407
41,656
27,552
39,450
60,114
134,376
10,714.
10,511
12,251
15,621
8.
,
169,077
14,531
12,096
1874.
19,854
34,634
8.
1875.
236,868
43,101
32,554
25,507
35,566
26
44
•
S.
41,177
27,876
26,622
23,825
40,395
34,763
44
The thermometer has
ranged from 41
Macon, Georgia.—We have had rain
6....
7....
“
sending
S.
“
“
has fallen
25,781
“
“
send¬
35,016
4....
5....
"
on two
days, but at the
close of the week a favorable
change
has
taken place in the
weather. Much damage
been
cotton to market
2....
3....
“
day, the rainfall reaching twenty-nine hundredths
of an
inch, but the.latter portion has been
clear, though colder. The
thermometer has
averaged 57, the highest being 75 and the
lowest 43. The rainfall for the
past month is ten inches and
twenty hundredths.
Selma, Alabama.—We had ram on one
day the earlier part of
the past week, but the
1876.
333,643
**
rained the earlier
part of the week
1877.
Tot.Sp. 30
sending their cotton to market
freely.
Memphis, Tennessee.—Telegram not received.
Mobile, Alabama.—It lias been showery one
day, and lias
rained severely one
day, but the balance of the week
pleasant. The killing frost this week was confined to has been
the middle
and northern portions of the
Sia'e, and no serious damage has
been done.
The thermometer has
averaged 58, the highest being
73 and the lowest 48. The
rainfall has reached
sixty-two hun¬
dredths of an inch.
on one
1878.
21,843
38,824
,
20,034
23,267
23,876
18,523
25,325
8.
23,574
43.015
8.
30,734
21,477
34.318
24,071
19,415
27,118
29,176
28,764
32.576
8.
28,715
24.936
27,845
34,191
S.
21,942
31,020
27,821
27,921
44,561
32,532
24,746
20,415
18,611
22,106
29,145
978,112
678,959
912,128
779,393
671,34 t
'
21 99
15*62
22 59
18 59
18,704
19*20
November 1,
1879.]
THE CHRONICLE.
This statement shows that the
receipts since Sept. 1 up to
to-night are now 244,023 bales more than they were to the same
day of the month in 1878, and 543,176 bales more than
were to the same
day of the month in 1877. We add to the they
last
table the percentages of total
pert receipts which had been
received Oct. 31 in each of the years named.
465
riiis statement shows that
the receipts tb©
past week havo
been 190,000 cantars, and the
shipments to all
Europe 12,724 bales.
Manchester Market,—Our market
report received from
Manchester to-day (Oct.
31) makes no change in the
quotations,
and states that the market is
Gunny Bags, Bagging, &c.—
but
held
in
strong,
check
Bagging
has
been
by Liv$
very active
since onr last, but there is rather
erpool. We leave
less doing at the close. The]
have been transactions at full
figures—in all, about4,000 rolls
and the market is firm at
9%@10c. for
previous weeks’ prices for
comparison.
1879.
1% lbs., 10^c. for
ibs., and ll@ll%c. for standard
quality.
Jute butts have bee
active and large transactions have
taken place. The
parce
coming to hand, ex Lord Canning' 3,586 bales,
bales, and Star of Persia 2,831 bales, were Exporter 1,91
mostly sold, an
the sales aggregate 15,000
bales, part on spot and part i
arrive, beginning at 2%c. up to 3 %c.t with the market
closin
32s
Cop.
8 mbs.
Twist,
d.
1
87s
©9*2 6 3
©9*2 6 3
©9*2 63
12
19
26
3
“
“
portation is fully %c. per lb. higher.
d.
s.
©9*2 6 3
@9*2 6 3
.
■
d.
Oct.
87a
87s
“
“
24 9*n
31' 9*q
44
•
©7
©7
©7
©7
d.
d.
Shirtings.
8.
d.
6
8^2© 91.4 5
G38
S1q©918 5
6^
638
6
8 3d© 9
5
8jj8©9
Gibe 8*4©9
7*2
9
g“i6
7*2
7*2
678
I
75,6
5
5
8!8©878 5
8 ©8^8 5
7%©8*2 5
9
9
9
9
d.
0
0
9
9
©7
©7
©7
©7
gjjt*
6»«
fjx
7>2
712
712
7^©7
6
Uplds
d.
s.
61316 834@938 6 1*2©8
613le 83*©938i 6 ll2©8
@76’
OoU’a
Mid.
81a lbs.
Twist.
d
6
6
©90* 6 4V©7
©93* 6 4*2 ©7
32s Cop.
Uplds
d.
6
s.
81516’9716 6 3
©7
10 9
©9°8 6 4*2 ©7
17 «lic ~llie 6 4»ifl©7
“
1878.
Mid.
Shirtings.
Aug. 29 87a
8ept. 5 878
“
|
(Jott’n!
©7
6
4i2©7
4i2©7
412
4L,
6
5Hla
Friday, of the shipments from Calcutta, Madras,
The Exports op Cotton from
Tuticorin, CarNew
York
this
week show a
war, &c., enable us, in connection with our
previously-received decrease, as compared with last week, the total
report from Bombay, to furnish our readers with a full
reaching 9,428
and bales against 14,69G bales last
week.
Below we give our usual
complete India movement for each week. We first
give the table showing the exports of cotton from New
York, and their
Bombay statement for the week and year,
bringing the figures direction, for each of the last four weeks; also the
down to October 30.
total exports
and direction since
Sept.
1,
1879,
in
and
the
last
columa the total
BOMBAY
RECEIPTS AND SHIPMENTS FOB
FOUR YEARS.
Shipments this
Year Great
Brit’n.
1879
1878
1877
1876
week
Shipments since Jan.
Conti-.
nent.
1,000
Great
Britain.
j Total.
Conti¬
4,000; 5,000 252,000 354.000
4,000. 5,000 379,000 116,000
9,000113,000 561,000 3o3,000
4,000
!
606,000
710,000
795,000
944,000
Since
Jan. 1.
7,000
same
Exports
Receipts.
This
Week.
Total.
nent.
5,000j 5,000 317.000 393,000
1,000
1.
for the
period of the previous
of
year.
Cotton (bales) from New York
since Sept. 1,1879.
Week
Exported to—
Oct.
8.
828,000
4,000
874,000
5,000 1,011,000
7,00t) 1,036,000
According to the foregoing, Bombay appears to show an increase
Liverpool
Other British ports.
780
Shipments this week.
Year.
Great
Britain.
...0781
...8701
...7781
...6781
Conti-
4,000
4,000
3,000
3,000
7,000
1,000
Great
Conti¬
Britain.
nent.
243,000
133,000
79,000
138,000
8,000
130,000
228,000
follows.
Grand Total
Shipments
to all Europe
from—
Bombay
All other ports.
Total
This
1878.
are
Since
Jan. 1.
week.
5,000
4,000
9,000
Since
Jan. 1.
week.
606,000
372,000
5,000
3,000
978.000
This last statement affords
total movement for the week
years up
This
1877.
710,000
196,000
8,000
906,000
This
Since
Jan. 1.
week.
5,000
795,000
130,000
5,000
925,000
a
very interesting comparison of the
ending Oct. 30, and for the three
to that date, at all India ports.
ALEXANDRIA Receipts AND
Shipments.—Through arrange¬
ments we have made with Messrs.
Davies, Benachi & Co., of
Liverpool and Alexandria,
shall hereafter receive
9,359
2,813 111,739
60,697
1,453
1,540
2,431
1,660
11,358
2,776
1,453
1,540
2,4311 1,660
11,358
2,776
1,400
2,300
450
394
7.270
2,431
1,850
l,651; 1,299
300
1,255|
2,694
are the
2,906
Receipts
400
2,399
1,782
1,999
11,451
2,956
2,956
2,956
2,956
'
*423
2,854
Now York,
Receipts
from—
j
Boston.
This | Since
This
week. 8ept. 1. week.
N. Orl’ans
|
Philadelphia.
This
1. week.
Baltimore.
Since
This
8ept.l.
Since
week.
Sept. 1.
5,566
2,441
11,158
532
270
2,542
1,700
1,129; 21,194
Texas....
1 .°09
29.312
Savannah
Mobile
Florida.
51795
55;i48
98
8 Car’llna
N Car’liua
1,226
3,254
1,652
9,425
28,821
10,519
54,129
“
.
Virginia..
86,327
of
Since
Sept.
9,428 137,504
Cotton at New York,
for the past week, and since
Boston, Philadelphia and Baltimore
September 1, 1879:
...
1879.
78,597
2,100
28,555 26,926 14,606
TnK Following
the
EXPORTS TO EUROPE FROM ALL INDIA.
2,880
Total Spain, <fcc...
The above totals for this week show
that the movement from
the ports other than
Bombay is 1,000 bales more than same week
of last yqar.
For the whole of India, therefore, the total
shipments this week and since
as
year.
108,859
All other
372,000
202,000
January 1, 1879, and for
corresponding weeks and periods of the two previous years,
Same
Total to period
date. previ'ua
Spain, Op’rto, Gibralt’r,&c
Total.
129,000
69,000
51,000
00,000
29.
I
Totalto North. Europe
Shipments since January 1.
Total.
nent.
KURRAClIBK.
Oct.
22.
750
Total to Great Britain
25,252 22,692
Other ports
RANGOON AND
Oct.
24,472 21,942
compared with last year in the week’s receipts of 3,000 bales
and a Havre
Other French ports.
decrease in the shipments of
bales, and the shipments t-ince
January 1 show a decrease of 104,000 bales. The movement at Total French.
Calcutta, Madras, Tuticorin, Carwar, &c., for the same week and Bremen and
Hanover
years has been as follows.
Hamburg
CALCUTTA, MADRAS, TUTICORIN, CARWAR,
ending—
Oct.
15.
1,569
8,383
2,597
4,685
4,317
9*513
14
*
North, pts
Tenn., &c.
196
2 094
4,483
Foreign..
38
19,419
722
23,419
19,401
5,669
2,169
8,372
18,499
•••••*
•••••*
This year. 27,279 222,584 13,168
Lastjrear.
29,83ll227,400|
4,899
60,716
2,183 13,938
8,912
33,899
42,459
2,028 13,223
4,974
36,171
Shipping News,—The exports of cotton from
the United
States the past week, as per latest mail
returns, have reached
107,417 bales. So far as tlie Southern ports are
concerned, these
are the same
exporis 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
weekly night of this week.
cable of the movements of cotton at
Alexandria, Egypt. The
Total bales.
Liverpool, ner steamers 8cythia, 92—Wyoming,
following are the receipts and shipments the past week, and for New York—To
930
Italy, 210
Sirius, 963—Celtic, 587 and 31 Sea
the corresponding weeks of the previous two
Island
/
years.
2.813
Alexandria, Egypt,
we
a
•
Oct. 30.
1879.
1878.
1877.
Receipts (can tars*)—
This week....
Since Sept. 1
Exports (bales)—
To Liverpool
*
80,000
740,000
This
Since
week.
Sept. 1.
170,000
290,000
This
week.
Since
Sept. 1.
679,000
This
week.
Since
Sept. 1.
8,000
4,724
41,606
10,934
5,000
1,500
22,500
Europe...:.. 12,724
52,540
6,500
29,000' 11,000 57,800
To Continent
Total
130,000
6,500j
8,000
3,000
48,000
9,800
A^cantar ia 98 lbs.
The total receipts for 1878 and
1877
we
have corrected this week.
To Havre, per steamers Harald, 883—John
P. Best, 777...
To Bremen, per steamer
Oder, 1,299
To Hamburg, per steamer
Wieland, 300
To Rotterdam, per steamer
8cbiedam, 400
To Genoa, per steamer
Pontiac, 2,956
New Orleans—To Liverpool,
per steamers Highbury, 5,391—
1,660
1,290
300
400
2,956
Timor, 5,894
Borussia, 3,717
To Havre, per steamers
Potaro, 3,676—8cio, 4,208
Ambrose,
15,002
2,768
To Bremen, per steamers
4,736
10,652
Hannover, 2,501—Lartington,
7,237
2,039
To Rotterdam, per steamers
Nerissa,
1.200..
Charleston—To Liverpool, per steamer839—Madras,
Pedro, 2,710 Upland
and 100 Sea Island....per bark
Pembroke Castle, 1,155
Upland
To Genoa, per bark
Laugen, 850 Upland
Savannah—To Liverpool, per steamer Elpis,
5,602 Upland—
per bark Tikoma, 2,897 Upland
To Barcelona, per steamer
Elvira, 1,100 Upland
To
Malaga,
per steamer
Elvira* 1,200 Upland
3,965
850
•
8,499
1,100
1,200
THE CHRONICLE.
466
[Vol. XXIX
Monday.
Bales.
steamers Marlborough, 5,750—Tunis,
3,399.Australian, 6,767
15,916
Wilmington—To Liverpool, per bark D. H. Bills, 2,150
2,150
Norfolk—To Liverpool, per steamers Monarch, 6,475—Nor¬
man Monarch, 3,852
per bark Condor, 3,575.
13,902
To Barcelona, per bark Ida, 1,210
1,210
Baltimore—To Liverpool, per steamers Serra, 2,000
Carib¬
bean, 500
Nova Scotian, 1,607 and 187 bags Sea Island
Texas—To Liverpool, per
4,934
Fern wood, 640
Boston—To Liverpool, per
steamers Bulgarian, 1,965—Bavar¬
Marathon, 300
Pembroke, 1,529....Bohe¬
ian, 2,797
mian, 1,598
107,417
Total
particulars of these shipments, arranged in our
form, are as follows:
The
Dec.-Jan
66
Deo.-.Tan
May-June
-.6933
"ell®,
..6%
Mar.-Apr
May-June
June-July
--6932
61^32^63 Jan.-Feb
61632 Feb.-Mar
Mar.-Apr
....
Oct.-Nov
67,0
Apr.-May....
Apr.-May
6i332
Oct.-Nov
Oct
7610
Delivery.
Nov.-Dee
Dec.-Jan
Jan.-Feb
Feb.-Mar...
-61332
--6932
usual
Delivery.
730® ll32®^10
Oct.-Nov
...638
Nov.-Dee
6730®^
Oct
6732
Jan.-Feb
Feb.-Mar
Delivery.
Mar.-Apr
Apr.-May
Rotter- Barce- Maldam. Iona. aga.
& Ham-
pool. Havre, burg.
New York... 2,813 1,660 1,599
N. Orleans ..15,002 10,652 7,237
Charleston.. 3,965
Savannah... 8,499
Texas
15,916
2,150
Wilmington
Norfolk
13,902
Baltimore
4,934
400
2,039
...;
4,815
1.200
1,100
.
10,799
....
15,916
2,150
«...
....
.
.
1,210
.
15,112
j
.
8,189
1,144
8,1S9
Philadelphia 1,144
May-June
Nov.-Dee
2,439
8,836
1,200 3,806 107,417
2,310
give all news received to date of disasters to
carrying cotton from United States ports, etc.:
Below
we
Delivery.
738®1332
Oct.-Nov61632'S> 2> 1732
Oct
6932®616
6932
Nov.-Dee
Dec.-Jan
66i8
Jan.-Feb
Oct... .71632®7j3'a)1332
Oct.-Nov
61732
Dec.-Jan
6H32
Oct.-Nov
Delivery.
June-July
61632
July-Aug
Oct
Oct.-Nov
Delivery.
6*2
7716
6932
Nov.-Dee
6ii32
Dec.-Jan
Feb.-Mar
66j6
6ii32
June-July
61532
Oct.-Nov
6^
Delivery.
Delivery.
Oct.71632®7ifi® 1332® 38 April-May. 6716'@ 1332
Oct.-Nov... 69i«®1932
May-June
6h>®716
7H32
®9lft®1732 Oct
vessels
Dec.-Jan.638® ii32® 6 j0
Jan.-Feb
.66g®516
Commander, steamer (Br.) Steamer Highbury (Br.), from New Orleans,
for Liverpool, with cotton, which arrived at Norfolk, Oct. 27. for
coal, reports having spoken, at 8 o’clock on the morning of the 21st
inst., in the Straits of Florida, the British steamer Commander,
from New Orleans, for Liverpool, with a cargo of cotton, and with
all well on board. The Commander’s engines were working badly,
with her shaft bent. The necessary repairs cannot be done at sea.
Oct.
by the accident. (The Ayton
reported short of coal, and sailed
638®n32
Nov.-Dee
Feb.-M’r
Cotton
61332
June-July.... 615 32 © 7 j 6
Nov.-Dee
6*4
Mar.
6%
6616
6ii32
66J6
Apr
Dec.-Jan
Jan.-Feb..
Jan.-Feb
Shipment.
Oct.-Nov., n.cp, SI.6H32
Nov.-Dee., n. crop,
61132
sail
Thursday.
Ayton, steamer (Br.), Robertson, from New Orleans, Oct. 2, for Rouen,
with wheat and cotton, ran ashore on Wood Cay, Grand Bahama,
Oct. 9, and was assisted off by the crews of a number of wrecking
She was not damaged
vessels.
arrived at Halifax, N. S., Oct. 22,
24th for destination.)
.6X632
6X4
..
76,514 12,312
:iWS.
4,934
Boston
Total...
.6H
Wednesday.
Genoa. Total.
2,956 9,428
34,930
850
....
....
-6%
Delivery.
6932
6H32
63s
6732
Bremen
Liver-
d. '
.6*4
.614
Tuesday.
8,189
1,144
Lord Gough, 1,144...
Philadelphia—To Liverpool, per steamer
6i532
Oct.-Nov
Nov.-Dee
73a® Uso®^
d,
Delivery.
d.
Delivery.
Oct
Oct.-Nov
61332@ 3s® n32
61332® ^8
Mar.-Apr
Oct.-Nov
6*2
Jan.-Feb
6932
Feb.-Mar
6516
Nov.-Dee
66^
Oct., 6510'®l4'®316'g)l0
-
Delivery.
73,0®
® $8® H32 ®6i0
Oct.-Nov
6i632
Nov.-Dee
6932
Dec.-Jan
6932
663 e>
Mar.-Apr
Apr.-May
63g
June-July
671C
Oct
Friday'.
Delivery.
Feb.-Mar
.7i332®&ie®-hi
®5lft® 38® *2® 66® 1*16 Oct.-Nov
Nov.-Dee
Oct.-Nov.. -6I632® 7j0
Delivery.
..
1
®
io32
614®732
6732
Nov.-Dee
Dec.-Jan
Jan.-Feb
Delivery.
6*4
6*2
6*4
6*4
Dec.-Jan
Oct.-Nov.. -69j0® i932
Nov.-Dee.
Dec.-Jan
Jan.-Feb
Feb.-Mar
Mar.-Apr
661#
6932®°i6
6618
66lfi
66
a?
®916
6732® *4
freights the past week have been as follows:
Liverpool, steam d.
Mon.
Tues.
14®932
14®932
14®932
732®14
14®
a4®...
-..
BREADSTUFFS.
Fri.
Tlmrs.
Wednes.
Satur.
Friday, P. M., October 31, 1879.
732® a4
316®732
quite depressed, in sympathy with
the decline in wheat, and prices have given way 25@40c. per:
42®--.
12®...
*2®
*2®
Do
sail
c.
12®...
bbl. Receipts have been moderate, and there has been no great
1X16*
1X16*
1X16+
X116*
U16*
lxi6*
Bremen, steam, .c.
7
is
Do
sail
c.
7lfi
716
pressure to sell; but accounts from the interior say production
716
716
716
34*
34*
V
V
has increased, the recent rains having caused a rise in the mill
Hamburg, steam c.
*3
*3
*3
*2
Do
sail.-.c.
*2
streams. The higher grades have been best supported. Rye
X116
X11S
1116
X116
Amst’d’m, steam.c.
hour
and com meal have also yielded somewhat in values, with¬
...-S)
...®
..©
®
Do
sail ...c.
out leading to important transactions.
To-day the market was
1332
1333
l332
1332
X332
1332
Baltic, steam
d.
...®....
steadier but quiet.
d.
Do
sail
The wheat market has declined materially. The support
Compressed.
given to the market by Western operators did not prove
Liverpool.—By cable from Liverpool, we have the following effective in the face of reduced exports, increased receipts and
statement of the week’s sales, stocks, &c., at that port:
accumulating stocks. The greatest depression prevailed on
Wednesday afternoon and Thursday morning, when No, 2
Oct. 31.
Oct. 24.
Oct. 17.
Oct. 10.
38,000 spring sold at $1 26@$1 28 on the spot and $1 31/6 for Decem¬
65,000
43,000
43,000
Sales of the week
bales.
4,000 ber; No. 2 red winter, $1 36%@$1 37 on the spot and $1 40@
2,000
3,000
Forwarded
2,000
28,000
20,000
41,000
Sales American
31,000
3,000
6,000 $1 40% for December; No. 1 white at about the same prices as
Of which exporters took
2,000
3,000
900
5,000 No. 2 red winter.
8,900
Of which speculators took..
1,000
Yesterday afternoon there was a sharp rally
273,000
216,000
226,000
213,000
Total stack—Estimated
and
87,000
142,000
71,000
69,000
prices improved 3@4c., No. 2 spring closing at $1 30@$1 31
Of which American—Estim’d
81,000
68,000
50,000
26,000
Total import of the week
on the spot and $1 35 for December; and No. 2 red winter and
73,000
33,000
53,000
15,000
Of which American
3,000
3,000 No. 1 white, $1 40@$1 40% on the spot and $1 45%@$1 45%
4,000
5,000
Actual export
210,000
273,000
258,000
Amount afloat
177,000
To-day there was some farther improvement,
215,000 for December.
166,000
226,000
118,000
Ot which American
with an active speculation in No. 2 red winter at $1 42@1 43
The tone of the Liverpool market for spots and futures each day of the
for November and $1 47@$1 47% for December, and the close
week ending Oct. 31, and the daily closing prices of spot cotton, have
sail... d.
Do
Havre, steam
732® *4
732®a4
34*
V
c.
732®
732®
• -
• -
34-
-
-
--
-
The Hour market has been
V
-
*
.
..
-
*
....
been
as
follows:
l
Saturday Monday. Tuesday. Wednes. Thursd’y
Spot.
Market,
12:30 P.M.
?
$
Unsettled
Mid. Upl’ds
Mid. Orl’ns.
Market.
5 p.m.
was
Firm.
Quite
Quite
nominal.
7
7*8
7*8
714
7*8
714
8,000
2,000
7,000
2,000
5,000
1,000
nominal.
Quite
nominal.
.
Quite
nominal.
73b
Z?16
•
Friday.
7516
77i6
77is
5,000
1,000
4,000
2,000
4,000
2,000
{
J
Sales.......
Spec.& exp.
.
Futures.
Market,
5 P. M.
\
{
Dull.
Dull
but
Flat.
Flat.
Flat.
—
steady.
The actual sales of futures at Liverpool, for the same
below. These sales are on the basis of Uplands, Low
unless otherwise stated,
week, are given
Middling clause,
Saturday.
Oct
Delivery.
d.
714@1132®38
Oct.-NOY61632®:12®1632
Nov.-Pec
6‘38 0)13 32
Delivery.
d.
Dec.-Jan
638®il32
Jan.-Feb.638 ®n32®5is
Feb.-Mar
6i332fe38
Mar.-Apr.. ..67is®i332
Delivery.
June-July
Oct.-Nov
Dec.-Jan
d.
69i6
6716
65lfl
May-June ....Glia'S*2
firm.
Indian
com
also declined, especially for Western
grades, being quite scarce, were better
sold
on
mixed; other
supported. No. 2 mixed
Wednesday afternoon and Thursday
morning at 58c.,
spot and November, and 60c. for December, but recovered and
closed last evening at 59%c. for November and 62c. for Decem¬
ber. Choice Western white has brought about 70c. To-day
the
opening was firmer, but the
early improvement was lost at
the close.
Rye has been dull, drooping and unsettled. But to-day there
more steadiness and prime State sold at 89c.
Barley has
declined, with sales yesterday of No. 1 Canada at 95c. To-day
the market was weak and irregular. Oats have declined two or
three cents a bushel, with trade slow and the market un¬
was
settled. The close yesterday was steadier, however, No. 2
mixed selling for December at 41%@42c. To-day the market
was
firmer, with No. 2
41 %c.
graded quoted at 40%c. for mixed and
for white.
The following are
closing quotations:
THE CHRONICLE.
November 1, 1879.
GRAIN.
FLOOR.
2..ft bbl. $4 30® 4 70
Superfine State aud
No.
Western;
Extra State,
5 00® 5 40
Ac...•.
5 60® 5 75
..
Western spring wheat
5 50® 5 80
6 00® 7 25
extras
do XXandXXX...
Western winter ship¬
ping extras
do XX aud XXX...
Minnesota patents...
•City shipping extras.
Southern, bakers’ and
family brands
South’n ship’g extras.
Bye flour, superline..
5 75® 6 10
6 25®
7 25
6 75® 8 50
5 65® 6 40
6 75® 7 75
6 0<’® 6 40
5 25® 5 75
Corn meal—
Western, Ac
Brandywine. Ac
2 75® 3 10
3 30® 3 40
“
WheatNo. 3 spring, $ bu.$l 26
No. 2 spring
131
Amber winter...
135
Red winter, No. 2 141
White
1 37
No. 1 white
1 40
Corn—West, mixed
58
Western No. 2...
Western Yellow..
Western White...
The visible
®1 28
®1 33
®141
@1 42
®1 42
®1 41
®
60
59
60
62
®
®
61
®
67
Rye—West’n, No 2.
87
State and Canada
Oats—Mixed
86
®
®
88
89
39
40
®
®
41
87
®
®
®
®
White
\
...
Barley—Canada W.
State, 4-rowed...
State, 2-rowed...
78
70
80
Peas—Can’da.b.Af.
44
94
85
77
95
Receipts of flour and grain at Western lake and river ports
ending Oct. 25:
for the week
Flour,
e
bbis.
(196 lbs.)
At—
Wheat,
Corn,
Oats,
bush.
bush.
bush.
'6o lbs.)
(56 lbs.)
Chicago
62,192 1,240,»49 1,466.186
Milwaukee
Toledo
Detroit
60:089
804.149
11,439
3,142
646,621
381,778
71,506
Cleveland
St. Louis
43,419
1,015
Peoria
Duluth
513,159
9,600
182,958
3.100
Barley.
Rye,
bush.
bush.
(32 lbs.) (48los.) (56 lbs)
39i,794 258,673 90.083
28.050 294,269 42.590
86,169
2,199
10,844
7,745
47,720
3,150
9,050
98,565 7*,679 22,262
174.400 44,500 40,600
25,210
145,479
1.619
52,005
120,105
192,950
17,293
supply of grain, comprising the stocks in granary
principal points of accumulation at lake and seaboard
ports, and in transit by lake, rail and canal, Oct. 25, was as
at the
follows:
Wheat,
Tn Store at—
841,542 048,316 181,484
729,211659,551 145,0 8
541,309 516,041 100,112
Total receipts at same ports from
for four years:
1 to Oct.
Flour
.bbis.
New York
Do. afloat (est.)
1879.
1878
1877.
1876.
4,477,944
3,821,858
4,405.970
170,986,381
156,842,030
118,190,353
130,104,494
Oats,
bush.
bush.
Barley,
fre.
bush.
ItllSll.
4.902:929
2.775,951
733.764
300.000
62,000
325.000
43.000
89,661
150,503
156.000
Buttalo
Chicairo
Milwaukee
Duluth
1,580,532
849.724
2,064,828
18,135
Toledo
4,259,593
1.519/M2
45,768
105.000
108.544
636,382
1.102.416
Albany
Detroit
Oswego
2,105
264,145
4,564
250,000
St. Louis
Ronton
Toronto
Montreal (15th)..
1,417,607
28n.OOO
91 3,5' 7
270.603
267,968
331,454
845.578
5,715
81,000
465,334
Peoria
Indianapolis
Kansas City
Baltimore
Rail shipments...
Lake shipments..
2,005,000
391,979
1,684,759
On Canal
2.800.O00
...
Sept. 27, 79
Oct. 26. ’78
195,543
3,771
2,000
195,220
125,74 9
1,000
224,704
Philadelphia
Total
Oct. 18, ’79...
Oct. 11, ’79....
Oct. 4,’79....
4,000
694,287
32,216
39,748
,1,08*,680
25.691,223
23,295,349
20,787,411
28.146,639
17,180,443
;
530,817
*7,800
88.000
139,590
56,467
j
86
720,000
47,4-f 3
13,362
331,294
34,232
*5,020
16,000
46,466
497
17,633
30,500
209.909
250
53,673
71,200
133,286
103,000
45,095
[100,259
”8,472
461,153
230,136
71,415
784,000
57,368
3,790,021
3/’17.209
2,062.042
812,051
694,784
764,511
1,705,277
2,277,139 1,011,936
687,008
818.211
395,970
307.131
1.064,276
1,105,000
10,413,384
10,562,315
11,037,559
10,938,531
11,342,110
16,882,581 10,208,909
36.512
94,000
3,092,010
2.808,398
2,705,182
2,541,868
1,114
25,332
64,142
11*327
10.450
5,344
39,000
71,000
3,552,441 6,212,725 1,648,975
THE DRY GOODS TRADE.
25, inclusive,
5,454,558
Corn,
bush.
....
Total
191,596 3,849.820 2,022,^47
Previous week. 175.823 3,943.054 1,701,743
Same time *78.. 138,689 2,020,852 1,238.746
Jan.
467
Friday, P. M., Oct. 31, 1879.
The
general market has been fairly active the past week, and
there
was
a verv satisfactory movement in spring woolens and
Wheat
bush. 82,662,912
70,792. .'68
40,081.179
45.516,194
Com
82,02 4,630
82,120.293
08,750,596
70,914,025
nearly all makes of domestic cotton goods. The advancing ten¬
Oats.../.
26,522,974
20,648,471
20,286,063
21,907,302
6,464,984
6,707,673 dency of wool and cotton has given confidence to buyers of
Barley
7,291,892
7,848.552
Rye
4,042,668
4,256,528
4,492,201
2.088,903
manufactured goods, and even the most conservative merchants
Total grain.... 202,545,076 191,666,112 140.075,623 147,134,397
are now operating without
hesitatancy, and anticipating future
Total receipts.(crop movement) at the same ports from Aug. 1 wants to an unusual extent. The
supply of cotton goods lags
>to Oct. 25, inclusive, for four years:
far
behind
the
demand
at
1879.
1878.
present, and many makes of brown
1877.
1876.
‘Flour...
^ bis. 1,836,693 1.481,285 1,588,016 1,470,202 and bleached goods are sold ahead for months to come. Spring
Wheat
bush. '45,397,444
36,785,279
29,789 561
19,072,356 woolens have of late been ordered with such freedom by the
Com
29,6 L6,l 41
28,996,513
25,345,009
28.509,677
Cats
10,101,086
12,987,430
9.461,189
8,070,594 clothing trade that the entire product of many leading mills
4,917.701
3,611,198
Barley
4,867,490
3,738,434 has already been disposed of and the samples withdrawn from
2,197,219
1.539,094
Rye
2,260,829
1,021,487
the market. Under these circumstances prices are very firm,
Total grain
86,503,770
91,933,362
69,246,051
60,412,548 with a
tendency toward still higher figures* and the business
Comparative shipments of flour and grain from the same outlook is very encouraging.
ports from Jan. 1 to Oct. 25, inclusive, for four years:
Domestic Cotton Goods.—During the week ending October 28
1879.
1878.
1877
1876
Flour
bbis.
5,949,042
4,746,694
4,062,951
3,797,844 the exports of domestics from this
port to foreign markets
Wheat
bush. 09,008,009
58,348,181
34,614,507
41,124,849 reached 2,345 packages, including 821 to Great Britain, 402 to
Cora
75,060,394
72,254,685
61,305,947
66,647,742
Oats
18,992,235
18,999,294
15.933,015
17,936,690 Hayti, 306 to Venezuela, 305 to Brazil, 192 to U. 8. of Colombia^
4,196,017
2,680,688 179 to British Honduras, and several smaller shipments. • Tliere
3,949,216
Barley
4,218,715
1,707,525
Rye
3,729,226
3,300,454
2,118,169
....
was
Total grain
an
active demand for brown and bleached cottons, for
which liberal orders
placed “at value*' for future delivery,
owing to the meagre supply of smch fabrics at present on the
Week
Wheat,
Cora,
Oats,
Flour,
Barley,
Rye,
market. Colored cottons were in improved request, and a good
bush.
bush.
bush.
bush.
bush.
ending—
bbis.
Oct. 25
204,792 2,076.738 1.374 407
437.665
301,551 96,368 business was
reported in cheviots, ticks, denims, ducks, osnaOet. 18.
225,487 3.529,355 2,824,209 444.890 33",494 101,*216
Oct. 11
188,142 3,080,685 2,538,373
610,088
400,742 162,081 burgs, cottonades, &c.
Prices continued to advance, and many
Oct. 4
182,703 2,499,88G 1,422,687 479,591
414,863 177,503
additional makes of brown, bleached and colored cottons, wide
Total, 4 w’ks.801,124 11.186,064 8,206.736 1.972.234 1,454.050 540 768 sheetings, corset jeans, Ac., were marked up from 5 to 7^
per
Do.4 wks’78.550.617 8.227,838 6,970,956 2.245 322 1,379.652 448.967
cent. Dealings in print cloths were continued on a liberal stale,
Receipts of flour and grain at seaboard ports for the week
and prices ruled firm at 4%c. cash for 64x64 spots and fwfares
ended Oct. 25:
Flour,
Wheat,
Cora,
Oats, Barley, Rye,
and 3%(§>3%c. cash for 56x£0s. Shirting prints were-fairly
bbis.
bush.
At—
bush.
bush.
bush.
bush.
New York....
145,681 2,726,618
554,841 35 \ 100 303,180 71,129 active and fancies in moderate request.
Ginghams met with
Boston
69,053
800
217,799 257,705 93,099 22,515
liberal
sales
but
cotton
dress
goods were a trifle quiet.
Portland
3,600
18,400
6,500
2,500
....
Rail and lake shipments from same ports for the last four weeks:
Montreal
241,107
405,500
15,586 1,072,720
8,171 227,109
22,209
Philadelphia
17,5 20
Baltimore
New Orleans
Total week
Previous week...
Cor. week ’78
Cor. week >77....
281.820
268.142
270,055
277,677
213,094
182,500
344,200
20,988
14,434
84,000
2«f *.'00
25,065
10,940
46,500
20,720
3,0u0
1,600
Domestic Woolen Goods.—The main feature of the woolen
goods market
was
clothing trade.
4,909.253 1.579,828 602,398 383,135 97.249
5.022,461 2,301.549 476.420 271.607 270.6*^9
3,625,497 1,725,971 418,780 406,922 65,519
were
the active demand for spring woolens by the
case that light-weight
It has rarely been the
woolens have been ordered with such freedom
as
of late, and
stocks have
probably never been so well in hand at this early
stage of the season. Fancy cassimeres continued in good re¬
And from Jan. 1 to Oct. 25, inclusive, for four years:
quest, as were cheviots and worsted coatings, and, as above
1879.
1878.
1877.
1876.
Hour
bbis.
8,705,064
7,614,282
6,340,615
7,913,162 stated, agents have been compelled to ' discontinue* taking
orders for many prominent ipakes, because the entire spring
Wheat
bush. 122,230,709
87,606,037
32,104,348
35,302,169
Corn
91,125,492
91,739,002
72,667,226
72,901,728 product has already been engaged.
For heavy woolens there
Oats
18,288,961
20,551,079
17,324,838
20,816,602
Barley
2,691,094
4,035,385
4.257,650
4,581.317 was a fair hand-to-month demand, and flannels and blankets
Rye
3,372,003
4,108,099
2,123,967
977,976 were in
steady request and. very firm, with a tendency toward
Total grain
233,208,319 208,039,602 128,478,029 136,579,592 higher quotations. Worsted dress goods were taken in mod¬
Erports from United States seaboard ports and from Montreal erate lots to a considerable aggregate, and rather more animafor week ending Oct. 25:
tion was noticed in shawls and felt skirts. Prices of woolen
Flour,
Wheat,
Corn,
Oats,
Peas,
Rye,
From—
bbis.
bush.
bush.
bush.
bush.
bush.
goods generally are very strong, in sympathy with the staple,
New York
782,898
142,493 1,778,245
5,033 13,120
7,761 and some makes of worsted
coatings, &c., have been materially
Boston
12,817
25,959
146,027
...
3,536,842 1,306,434 878,916 448,764 204,043
....
Portland
Montreal
Philadelphia..
Baltimore
85
10,740
1,600
4,254
Total forw’k 185,131
Previous week. 127,907
Two weeks ago 127,794
Same time ’78. 84,376
18,400
288,716
440,744
1,025,578
3,696,710
3,617,390
4,604,154
1,461,873
advanced.
96,158
47,715
155,531
1,095,119
1,104,813
1,260,252
635,439
18,617
52,214 292,746
50,005
23,6C0 114,339 300,507
43,163124,659 112,783
18,105 84,599 158,916
58,585
70,076 38,281
Foreign Dry Goods.—Business was only moderate with
importers, but a favorable change in the weather has imparted
more activity to the jobbing and retail brarches of the trades
and this has causea a somewhat better demand for fmnll
re-assortments at first hands. Silks ruled quiet, and dressy
goods were in irregular deraaud, but fairly steady in price.
.
468
THE
CHRONICLE.
Importations of Dry Goods.
Receipts of Leading Articles
The following table, based upon
New York Produce
The importations of dry goods at this port for the week
ending
Oct. 30, 1879, and for the
corresponding weeks of 1878 anc
1877, have been as follows:
ENTERED FOR CONSUMPTION FOR TIIE WEEK
ENDING OCT.
1877.1
1878.
with
Value.
Pkgs.
1879.
Value.
Pkgs.
also
Value.
•
Manufactures of—
Wool
Cotton
Silk....Flax
349
314
342
444
96,948
187,964
97,417
573
600
698
744
473
106,892
247
1,922
609,472
Miscellaneous
Total
$
120.251
$
204,287
147,758
$
147,752
435
448
894
627
433,903
166,738
113,713
2,321
2,862 1,066,399
3,725
131,856
399,272
120,415
139,904
939,199
Miscellaneous
Total
Ent’d for consumpt.
Total
41,849
47,102
1,084
40,210
1,599
303,299
2,862 1,066,399
1,703
250,098
939,199
52,581
1,142
33,964
67
233
772
1,872
1,922
market...
on
41,237
210
Silk
Flax
3,794
53,751
272,180
609,472
881,652
119,331
47,093
53,789
230
87
78
224
24,468
3,725
4,461 1,369,698
89,368
19,248
54,170
5,428 1,189,297
ENTERED FOR WAREHOUSE DURING SAME
PERIOD.
.
Manufactures of—
Wool
Cotton
Bilk
Flax
232
68
45
862
Miscellaneous
2,288
Total
Ent’d forconsumpt.
Total at the port...
74,650
26,039
57,156
57,279
29,795
3.495
244,919
1,922
609,472
5,417
854,391
213
133
4S
226
96,273
25,149
273
184
85
745
691
641
251,253
2,862 1,066,399
3.725
43,519
41,979
44,333
21
1,978
3,503 1,317,652
Week ending
Oct. 28.
Ashes
Beans.
65,694
51,541
50,237
317,379
939,199
Breadstuffs—
Flour, wheat
Wheat
China, &c.—
China
Eartheuw
Glass
.
......
Glassware.
Glass plate.
Buttons
Coal, tons...
Cocoa, bags.
Coffee, bags.
Cotton,bales
Drugs, Ac—
Opium
Soda, bi-cb.
Soda, sal...
8oda, ash..
858
50,301 Corks
54,649 Fancy goods
1,049
3,907
142,567
1,311
4,590
39,944
1,553
Hides,dr’sd
India rubber
Ivory
Jewelry,AcJewelry
Metals, Ac—
Cutlery....
.
...
4,154
3,411
534
5 xi
76,005
110,859
26,312
$
1,260,112
58,539
894,245
53,299
'
454,850
1,209,641
599,366
906,542
624,586
829,023
9,443,821
262,818
9,049,638
228,407
118,462
392,955
253,066
126,280
48,889
32^,684
229,674
176,119
390,330
340,784
113,495
617,963
184,029
Logwood
Mahogany .1
..
38,550
524.540
52,710
Exports of Provisions.
The following are the exports of provisions from
New
Boston, Baltimore, Philadelphia, Montreal, Portland andYork,
New
Orleans, for the week ending October 25, 1879, and their
-
,
distribution:
To—
bbls.
Liverpool
417
284
London
Glasgow
Bri tol..
Hull
British ports.
Hamburg....
Bremen
Rotterdam...
Antwerp
—
bbla.
1,527
329
70
99
“’75
*102
3
273
.
Havre
Marseilles....
Contin’l porta
West Indies..
8. &C. America
B. N. A.Col..
Oth’rcountr’s
Total week..
Previous w’k
Lard,
lbs.
Bacon,
Cheese,
lbs.
1,568,123
60,0o0
109,400
272,366
49,200
126,600
210,450
106,000
506,000
lbs.
146,820
114,000
6,000
400
496,980
84,327
Tallow,
603,800
10,400
335,650
:62,0O 9
7,000
1,052,675
1,063,135
'*4
"*125
506,757
234,640
1,784
*271
392
106
123,863
19,261
09
150
17,326
16,790
44,691
3.767
1,034
344,501
595,788
5,007
169,300
2,131
15,446
879
4,869
7.958
3,154
3,951
1,500
338
1,300
4,759.432 13,520,681 3,334,427 1,335,213
8.74 7.329 2,381,209
1.227,416
5,214,563
:
29,946
‘22,563
110
21,053
7,685
5,143
3,509,975
2,571,650
173
76,380
1,363
9,284
64,760
279,964
22,263
Pork
Beef
Cutmeate
Butter
Cheese
•
•
•
•
•
12,947
50
186,355
1,151
34,727
1,513,560
Lard
kegs.
No
pkgs.
32,847
36,289
101,277
8,119
10,213
2,126
slabs.
boxes &
56,599
49,869
31,512
65,769
22,462
1,673
483
141
31,478
pkgs.
cases.
hhds.
Whiskey
bbls.
bales.
Wool
.
3,259
4,228
2,051
5,312
5,662
335,085
18,219
2,594
383,902
14,636
116,084
56,428
188,244
43,344
l,0‘:S,28f>
1 ,(>:{•_ «>72'
1,198,444
bbls.
hhds.
Tailow
Tobacco
Tobacco
2,198
64,941
,
2,197,855
390,857
575,310
1,324
:...pkgs.
24
363,486 '
12,203
1,839
bbls.
62,751
3,631,061
252,830
3,213
pkgs
pkgs.
pkgs.
pkgs.
tcs. & bbls.
569 736
718,731
28,017
273,439
153,472
139,028
101,502
117,825
1,871
77.44S
Lard
Hogs, dressed
•
4,404.979
4,980
*945
pkgs.
Rice
•
12,632,810
90,532
72,154
1,868
.
3,344,542
33,433,361
h
1,212
7,215
Provisions—
'
85,037
149,490
81,922
•113 7*;
'
iV-L. i X *
36,27 i>
2U.OS3
3 .715
02.920
16,533
1,266
16,033
66,440
182,041
134,862
169,725
219,278
108,375
72,901
Expor/sof Leading Articles of Domestic Produce,
The following table, based upon Custom House
returns, shows
from New York of all leading articles of domestic
produce for the week ending with Tuesday last; also the exports
■rom the 1st of
January, 1879, to the same day, and for the
corresponding period in 1878:
ihe exports
-
Week
ending
Oct. 28.
Since Jan. 1,
1879. •
Same time
last year.
Ashes, pots
Ashes, pearls
bbls.
....bbls.
40
Beeswax
Breadstuffs—
lbs.
1,805
61,765
142,650
....bbls.
145,123
2,820,421
2,021,935
Flour, wheat
Flour, rye
bbls.
bbls.
...bush.
...bush.
Corn meal
Wheat
Rye
Oats
Bailey
25
3,226
1,468,705
120,653
..bush.
...bush.
10,352
12,989
-Pkgs,
695,059
2,161
.
Peas
Cora
Candles
-
Coal
tons#
...bales.
Cotton
Domestics
...pkgs.
Hay
Hops
624
13,269
2,345
219
...bales.
Naval Stores—
Crude turpentine
.
...
...
bbls.
bbls.
....bbls.
Pitch
Oil cake
OilsWhale
....bbls.
—gals.
....gals.
....gale.
—gals.
1,140
1,265
144
5,283
4,102
.
.
.
.
....
196
5,347
127,327
3,692
170,527
45,345,435
54,162,739
3,619,487
483,855
3,634,698
3,350,969
1,518,417
345,938
130,367
279,130
29,501,072
50,667
59,907
340,656
104,184
57,677
50,381
23,698,024
'
38,965
45,504
365,664
119,407
49,946
39,353
150
135
8,335
15,162
211,982
6,768
4,938
1,800
140,964
138
117
5,854
4,235
43,707
1,299,813
1,440,645
391,926
452,965
1,058,751
722
201,725
115,295
1,072,471
10,765
....gals.
5,249,035
216,733,296
176,396,683
Pork
I
.bbls.
Beef
....bbls.
Beef
.tierces.
Cutmeats
Butter
lbs.
Cheese
Lard
Rico
Tallow
lbe.
Tobacco, leaf
...hhds.
Tobaoco
bales and coses.
Tobacoo.manufactured. lbs.
Whalebone
lbs.
4,439
203,646
43,469
45,228
198,610
42,029
455,313,586
31,609,112
115,920,091
195,662,327
371,586,379
19,547,006
117,538,401
213,372,637
19,613
60,985,919
Sperm
Lard
Linseed
Petroleum
Provisions—
.\.
..
54,625
226,075
404,720
bush.
Tar
7,5x8,835 1.982,317
1,738,650 1,014,060
703,475
185,250
32,000
lbs.
o3,»2l
485,750
358,033
.bbls.
Rosin
Beef,
3,583,161
160,435
52,661,279
bbls.
bbls.
bbls.
Spirits turpentine.
Tork,
4,377,453
129,391
58,466,306
2,759,503
36,190,214
9,253,663
3,546,541
325,001
649,758
18,978.
299,667
132,862
176,182
99,164
2,668,751
•Pkgs.
3,464
140,445
bbls.
Rosin
Tar
Pitch
Sugar
Sugar
5,106
61,601
Turpentine, spirits... bbls.
924,635
404,338
1,243,595
1,339,405
1,463,801
...
Turpentine, crude
Spelter
384
$
1,064,256
..
sides.
last year.
62,775
2,435
763,142
47,691
154,354
49,314
....
Leather
Stearine
1,829,449
89,331
Pepper....
406 Saltpetre
213,968 Woods—
74,790 Cork
Fustic
316,344
86,669
Hardware..
Oranges
Nuts
Raisins
Ginger..
2,125
611
.
..
1,107 Hides, undr.
4,177 Rice
37,013 Spaces, Ac.—
1,459 Cjissia....
2,426
...
Lemons
Hops
Same time
1879.
97
bags.
bags.
No.
bales
bales
35,727
992,548
514,163
433
5^554 Fruits, Ac.—
Peas
Cotton
Cotton seed oil.
Flax seed
Grass seed
Hides
Hides
969,213
9,222,590
108,363
738,
42,978
2,669 Fish
152,893
.
value.
17,702 Cigars
2,652
7,931
1,488
4,513
Hair
Molasses
7u,201
1,242,640
Tin slbs.,ll).‘ 13,059,566
Paper Stock
121,325
Sugar, hhds.
tcs., & bbls.
586,19;Sugar, boxes
and bags...
1,400,361
31,022 Tobacco....
23,695 Waste
2,813 Wines, Ac.—
15,272! Cliamp’gne
3,280'
baskets.
Wines
5,131
4,298 Wool, bales
33,330 Reported by
62,242
Gunny cloth
.
4,572
14,215
46,222
Flax
Furs
..
1,373,383
884
..
Hemp, bales
Hides, Ac.—
116,629
18,597
4,564
4,882
2,429
42,167
Oil, Olive..
Watches
Linseed
7,520;
37,276
.
Gum, Arab.
Bristles
8,584
5,896
1,569,985
Steel
Tin, boxes
Barley and malt
Since Jan. 1,
2,232
.
Eggs
1878.
12,114
.
Tea
Indigo
Madder, &c
..
195,960
26,503
4,229
37,505
16,052
3,518
Blea. powd.
Cochineal..
.
Metals, AcLead, pigs
31,7/8 Spelter, lbt12,516
49,576
27,911
1,920,546
10,528
Bark, Peru.
Gambier
1879.
14,4r>6
35,135
196,781
40,683
4,120
Rye
Com
Oats
Peanuts
(The quantity is given in packages when not otherwise
specified.]
1878.
bbls3.
bblsJ.
bush.l.
bush.
bush.1.
bush.
bush.
bush.
bales.
bbls
Com meal
5,703 1,256,578
following table, compiled from Custom House returns,
shows the foreign imports of
leading articles at this port since
January 1, 1879, and for the same period in 1878:
1879.
bbls5.
bbls3.
102,368
47,539
Imports of Leading Articles.
The
produce in New York for the week ending
Tuesday last (corresponding with the week for exports)
the receipts from January 1,
1879, to that d^y, and for the
corresponding period in 1878:
.
86
61
298
Domestic Produce.
.
WITHDRAWN FROM WAREHOUSE AND THROWN INTO
THE MARKET DUR*
ING THE SAME PERIOD.
Manufactures of—
Wool
285
107,416
317
Cotton
of
daily reports made to the
Exchange, shows the receipts of leading
articles of domestic
30. 1879.
**
Pkgs.
fVoL. XXIX.
—-
—
......
8,968
909
1,483
5,414,132
1,355,558
1,882.901
3,974,“33
214
12,416
1,060,913
54,481,113
1.691
2,429
81,540
......
55,400
31,464
5,405,709
56,921
8,915
48,204
101,981
75,999
6,114,848
92,983
November 1,
1879.]
THE CHRONICLE.
GENERAL
.
GUNNIES.—See
V ft.
4
BREADSTUFFS— See special report.
BUILDING MATERIALS—
Uriels—Common hard,afloat..V M
3 50
7 U0
uo
Philadelphia
22 00
Cement—Rnsendaie
...V bbl.
93
Lime-Rockland common....ft bbl.
70
Croton
0
©
0
0
0
0
0
©
©
©
0
.
Rockland,
finishing
90
Lumber—Pine,g’d to ex.dry
ft M it. 40 00
Pine, shipping. box
18 00
do tally boards, com.to
22
g’d,each.
Oak
ft M. It. 35 00
35 00
Ash, good,
Black walnut
75 00
flprnce boarded; planks, each
18
Hemlock boards, each
14
Maple..'.
ft M. ft. 20 00
Saila—:0©60d.crm,fen.a sh.ft keg 3 63
Clinch, l* to 8 In.A longer
5 10
3d fine...
Cut spikes, all sizes
•
-
taints—Ld.,ln oU. com price, ft l*.
f-ead, dry, combiuaiion, piled....
Z nc. oxide,
cfd
dry
Znc, French, green seal
f
60 00
22 00
80
43 00
45 00
8*
9*
9
PatIb white.E^fc.Cliffi o:.e ft 100 ft. 1 20 0
a l 10
BU ITER—(Wholesale Prices)—
State, palls* tube,fa r tochce.V ft.
20 0
28
West’n creamery ?oad to pr,me “
28 ©
28
Welsh, State, fair to choice..
“
V2 ©
28
Western da.ry, fair to choice.. 44
13 ©
25
CHEEbit—
State factory,fair to prime .....ftft
ll*f
12*
Ohio flat, fair to fine
*4
‘9 a
12*
CO AU—
Liverpool gae cannel
© 8 00
Liverpool housecanne!
© 11 uo
Anthracite—The following will show prices at
last auction or N.. v. 1 schelule
rates; the names im¬
mediately above the figures indicate the places of
“
*
"
.
delivery;
Penn.
D.L&W.
Auction.
Ser,t.24.
Hoboken.
Schedule.
New-
burg.
St’mb... f....
Grate...*
Bchednle.
Schedule.
Port
Weehawkea.. JohDSt’n.
$2 WO
fl 97*ft2 00
....
5 L. A w.
D.*H.
V 90
2 93
3 10
2 91
Egg ..... ...
2t7H@j!2M
3 CO
Stove
2 3J*@2 37*
3 50
a 53
Ch’nnt
2
20
8 45
3
5 L. & W. quotation* are for Wilkesbarre coal. 03
Coffee—
ttlo, ord.
do
car
fair,
good,
do
do
ftft
do
do
do
prime,
Java, mats
Native Ceylon
44
44
44
Mexican....
Jamaica.
Maracaibo
......
4
.............
44
is
44
St. Domingo
Savanilla
Costa Rica
44
44
“
CUPPEKBolts
25*
19
„
©
17
19
17
15
19
©
18*
^
©
&
&
V ft.
8heatbing,uew (overl2 oz;
Braziers’(over 16 oz.)
American Ingot. Lake
_
21*a
Alum, lamp, Am
Aloes,Cape.
Aioes, barbadoes
Arsenic, powdered
ft 100 ft.
ft ft.
Bi car b. sod a, Newcastle
Blohro. potash....
ft 100 ft.
ftft.
ft IcO ft.
per ton.
Bleaching powder
Brimstone, 2n »s A Brde
Brimstone, Am. roll
Camphor refined....
Castor oil, E.I. in bond
28
26
28
...
0
....©
COTTON—See spec al report.
DRUGS * DYES-
ft
• ••«•••
21*
2 00
&
2343
3 4*
13**1 14
1
62**
2 0J
••s
2j 50
•
2*0
•
18
8i
25
00
67
60
■
Jalap
25
28
30
80
24
25
30
1 9
23
..
ft.
vitriol, bine,common
2 90
9 50
pr.bbl. 20 00
.
Mackarel.No. I Mass, shore
Mackerel, No. 2, Bay.......
KRUIT—
Raisins, Seeuiess
do
Layers, new
8 50
,••»■«*«...
Lew
Figs,
French,
new
new
new
Canton Ginger
Sardines, ft naif l
ft case.
ox
Sardines, ft quarter box
Macaroni, Italian
1 10
87*
15*
7*
ft 5 00
© 22 00
d
a 6 75
9
...
....«
9
17 9
5 9
12 9
5 50 9
8
?*
2ti
10
28
•
•
is*
10*
U
©
Apples, Southern, sliced (new).ft ft.
6
•
10
4*0
8*0
3*0
5
qo
do
do
do
-
quarters (new),..
State, sliced
do
quarters
Peaches, pared, <4a., g’d to oh., new
do
unpM halve-and q-. a. neur
Blackberries (new)
Raspberries (new)
Cherries, pltie*. nry mixed (new)..
Plums, Riftte (new).
.
do
Damsons (new)....
■Whortleberries (new;
•
13
_
15*0
ie*©
9
6
9
0
9*0
27
9
17*0
15
,rt
l?
@
23*
22*
22
A
22*0
18
11
19
12
10
11
9
9
0
0
....0
44
33
SO
30
4
9
<0
<0
<0
7
«t
93
80
65
fcO
Panama strip
Carth&gena, Dressed
12
12*
l'i
Nicaragua, scrap
Mexican, sheet
5
8*
£i
29
13
16
12
12
&
..
j
....
<3
....
.
■■
and Dealers In
COTTONSAILDUCK
0
©
©
©
1"0
**
SI
COTTON CANVAS, FELTING
DUCK, CAR COVEB
ING, BAGGING. RAVENS DUCK, SAIL TWINE8
AC. 44 ONTARIO ’
SEAMLESS BAGS,
41
AWNJNG STRIPES.’
81
8‘
b!
Also, Agents
ft ton. 28 00
9 29 03
*7 OO
26 00
© 28 00
it 27 00
26 50
© <9 03
....
....
....
....
©
....
*
44
6*
7*
©
LEATHER—
Hemlock,Buen, A'res,h.,m.& 1.ftft.
California, h., m. & 1
bide,h., m. A1
rough
24
&
28*
common
33
30
Oak, rough
ft gal.
.
Cabs, Mas., 50 test
44
23
2v
“
44
©
©
23
30
44
@
23
m
50 test
N. O., com. to choice
32
37
81
20
fit
t3
a*
40
...»
44
©
.
....
2 69 0
2 50 0
....0
47 0
....©
2 L0 ©
...0
4 ;5 0
IW
0
No, 109
Bunting Company,
Duane
Street.
E.R.Mudge,Sawyer&Co
AGENTS
FOR'
Washington Mill a, Chicopee Mfg
Co.»
Bnrllngton Woolen Co,,
ttllerton New JTIBIs,
Atlantic Cotton ITIIlle,
Saratoga Victory Jlfg Co,#
AND
Hoaiery. BlilrtH and tiraweri
From Various Mills.
NEW YORK.
43 A 15 WaiTK Strxbt.
BCh'.ON,
PHILADELPHIA,
15Chab*oxy 6t.
J. W. DAYTON. 230 Owurt'jttt Atrsht
John Dwight & Co.,
MANUFACTURERS
or
SODA.
No.
2 62*
2 6:*
2 00
OF
8IIPE R -CARBONATE
36
NAVAL STORES-
Tar, Washington
ft bbJ.
Tar, Wilmington
44
Pitch, city
“
Spirits turpentine
V gal.
Rosin,
strained to good strd.fi bhl,
44
low No. 1 to good No. 1
44
44
low No. 2 to good No 2 44
44
low pale to extra pa e
44
44
window glass......
44
States
25
13
44
BarbadoeB
Demerara
Porto Rico
25*
.'4*
t
0
©
9
0
23
*
Slaughter crop
United
A full supply all Widths and
Colors always in stock.
store
MOLASSES—
Cuba, clayed
-....
40
10
18
2*rice«,
Bar, Norway, ordinary sizes...fi lb
0
Bar refined, Eng. and Amer.per ton
©
Sheet, Russia, 8 to 14
f<ft
....©
Rails, American, at tide-water
%
Steel rails, American, at tide*water. 55 00
0 60 CO
44
....
#
40
....
Pig,American, No. 1
Pig, Amencan,No.2
Pig, American, Forge
Pig, Scotch...
44
■
....
Co.,
Manufacturers
<8
IRON--
44
©
...
© 6 0
© 5 0
1
....
...
6^©^*
6 0
4 6
,-3i
...»
Brinckerhoff, Turner
9*i
None here.
>-5 ©
87
88 ©
85
©
Nicaragua, sheet
44
"26 @2*
32 6 @10 J
6^@ 6V
b>\
l.—-»
g. d.
*
3-lf@
And all kinds of
Para, fine
Para, coarse
Esmeralda, pressed, strip
Guayaquil, p-essed, strip
Sheet
a
ha
*
#.■■■■■■
INDIA RUBBKR-
.
6 75
7 75
7 CO
Commercial Cards.
10*
li
10*0
■'
7-32.9
ft roe.
*
7 3 *&
“
.
25*
21*
a
ftbx.
VTMA.M.—>
§. d.
*. a.
Corn.b’lk Abgs. f) nn.
Wheat, bulk A bags..
....
*
.—
.Vft.
ft bbl.
Heavy goods, .ft ton.
7*
25*0
“
Cotton
Flour
Beel
Poik
©
26
44
FREIGHT d—
To Livxbfool;
g-rg"!.""
23
0
0
0
10
fair to choice
11
Old
Mlp, New
The Jobbing Trade ONLY
York
Supplied.
....
1'.5
4 to
2
12*
6 25
7(0
George A. Clark & Bro.,
NUTS—
Almonds, Jordan shelled
f* lb
Brazil, (new)
85
©
8*©
Filberts, Sicily
N*@
UK©
Walnut*, Naples
Pecan Texas) 1 ew)
10
OAKUM—Navy,U.3. Navy & best
OILS—
Cotton seed, crude
Olive, in casks ft gall
Linseed, raw, casks and bbls.
44
44
Menhaden, crude Bound
44
Neatsioot, No. 1 to extra
Whale,bleached winter
37
1 00
79
31
44
45
Whale, crude Northern
44
44
Sperm,crude
44
Sperm, bleached winter
“
49
42
9J
1 05
Lard
“
Jll. Nos. 1 and 2
©
7*0
v ft.
ft gal.
....
—
11*
12
11*
13
©
©
0
0
©
0
0
0
©
43
1 10
8’
82
75
fo
48
47 0
14
....
....
OIL C AKE—
44
29 CO
0 80 00
PBTROLETTM-
Grnde, in shipping order
Cases
Refined
ft gal.
4*
44
PROVISIONS—
Pork, mess,spot.... %,
ft
Pork,extra prime
Pork,prime mess,West
Beet, p'ain mess
Beef,extra mess
Beef hams, Western
Bacon, long clear
ft
Hams,smoked
Lard. City steam,•••« •««•«•»•
44
44
44
44
SUGAR—
Inferior to common refining....ft ft.
Fair
44
Good refining
44
Porto Klco. refln , fair to prime 44
Boxes ciayed. Nos. 10©12
44
44
Melado
44
Manila, sup. and ex. sup
Batavia.Nos 1"©12
Brazil. Nos. 9©ll
Defined—Hard, crushed
44
44
44
granulated...
44
44
44
cut loaf
44
Coflee, A, standard
44
Hard,powdered
do
do
off A
do
White extra C
Extra C
“C”
Yellow
400
HELIX NEEBLES.
BROADWAY, NEW YORK.
Hong Kong & Shanghai
Banking
Corporation^
Office, Hong
7*
12
....©
6
7* e
Kong.
AGENT,
8. W POMEROY .1*.. 59
Wall 8t.. ^ Y.~
Russell &
COHM18STON
AND
..
Centrifugal, Nos. 7©13
8* a
ll'£ *
bbl. 10 50 0
44
....©
44
44
44
ft
44
44
44
*4
44
AND
HI I Li WARD’S
Head
ft ton.
Western
Naphtha,City, bbls.
...
ft ft
Domestic Dried-
Olds,
21
21*9
Yearlings
City, thin oblong,bags
‘Si*
1
9
9
9
....9
Citron
Dates.
•• «
4 50
2 30
2 40
Valencia, new
Cnrrantr, prime, ner
do
•
7
Gr’d Bk.ft George's (new) eod.fi qtl.
Prunes,Turkish,
37*
•
1 CO
27
1 65
15
Fish—
Loose,
.»!*
2
4
35
...
do
do
g
25
55
Snell Lac. 2d & 1st English
ftft.
Soda ash....
ft 100 ft.
Sugar of lead, white,prime.... ftft.
aaaoa^^ei, No. 1, Bay...
SO
5*a
Madder,French,
Ntttgalls,blue Aleppo
OU vitriol (66 Brimstone)
Ondum.Tuikey
(in bond).
Mackerel,No. 1,M.shore
00^
1 35
16
Licorice paste,Sicily
Licorice paste, Spanish, solid
Madder, Dutch.
Prussiatc potash,yellow. Am.
Quicksilver
Quinine, Amerl.au
Ranbar”, China,good to pr
Sal soda, Newcastle
ft list
30
1 15
45
Licorice paste,Calabria
22
new crop
all growths
do
....®
12 0
20 d
30 ©
ft gal.
....a
Caustic soda
ft 100 ft. 3 tti a 4
Chlorate potash
..
44
17 50 a 18
Cochineal,Honduras, sliver
66 9
Cochineal, Mexican
9
Cream tartar, powdered
29 e
Cabebs, East India
28 9
Catch
Gambler:
..per 100 lbs.
?i a 5
Ginseng
Glycerine, American pare
Eastern,
Western,
new crop,
new ci op
4*
0
&
0
...
Ordlnary foreign
...ft. 100 lbs
Domestic, common
Bar (discount, 10 p. c.)
ft ft
17*
,4
15
15
11
)6
.0
44
Laguayra
«
23
8*
7
ft*.
English,refined
Plates.I.C.,coxe
Plates.char.tdra?, t4x20
....
LEAD-
14*1
10*4
like
V>\i
.3* j
44
44
HOPS—
New Yorks,
160 00
000
8*0
5*4
3*0
44
“
14
44
ft ft.
TIN—
Banca...
Straits...
253
...
California,
do....
Texas,
do....
I.stock—Cal., Blaught.cow.
Calcutta, dead green
Calcutta,buffalo
....
000
1*510©
no 000
ftft.
E.
9
145
..
....
734 i
834 4
ft ton.
HIDES—
Dry— Buenos Ayres^elected. .ftft.
Montevideo,
do.... ”
Corrlentes,
do.... 44
Rio Grande,
do.... 44
Orinoco,
do.... 44
California,
do.... 44
Matamoras.
do
44
Wet Salted—Buen. Ay, selected 14
Para,
do.... “
25
0
16
0
0 45 00
0 3 75
0 6 10
0 5 (5
© 4 85
9
•
50
Jute“.
©150 00
8
,
6 25
9 50
26 00
TALLOW—
ft 100 ft
HEMP AND JUi’KAmerican dressed
American undressed
Russia clean
Italian
Manila
Sisal
‘4*
0
Cotton
Prime city
BAYNorth River ahippluff
PRICES CURRENT.
ASHES—
Pot, attor el
report under
469
....
...0
....
10 50 ©1100
ll'O
15 JU
»llf0
% li 75
....*
....
9 0
>><.8
6 83
SHIP
0
Boston Agency.
)
J. MURRAY KORBE8,>
30 Ckntbal. Stkxkt. \
©
6*j
6* «
7*o
6*9
10* g
10
10
59 Wall
Rope.
quality
....
suitable for MINING AND
HO (STING PTTRPORR8.
7*
m
cllned
9
*
Power. Ac.
Also Gal
Charcoal and Bbior
’blps’ Rigging, euttpension
irldges, Derrick Guys,Ferry
'iopes, Ac.
A large stoc 1
constantly on hand fro m
which any desired length
are cut. FLAT STEEL
AN D
'an'/ed
7*
6*
©
....
....
10*0
9* %
9*©
)**
8* 4
7*0
)*
8
7*0
7*
Planes, Trmnsmlsaioa
>f
7*
©
8t^ N.Y
STEEL AND CHARCOAL
IRON of snperlor
8
7
New York Agency.
S. W. POMEROY Jb..
in
P* %
f*a
AGENT
Hons Kong, Canton, Amoy, Foochow
Shanghai and Hankow, Ctafua.
?*&
8
Co.,
MERCHANTS
.
9*
9*
-
43
-
IRON ROPES for Minina
purposes manufactured to
order.
MANON A CO.,
Broadway, New
York.
THE CHRONIC LE.
470
i
—
Wm. F. Owens,
Member. N. Y. Stock
Paton &
Jesup,
Co.,
York.
of Banks, Corporations,
firms and individuals received upon favorable terms.
Dividends and interest collected and remitted.
Act as agents for corporations in paying coupons
and dividends, also as transfer agents.
Bonds, stocks and securities bought and sold on
Accounts and Agency
municipal bonds negotiated.
sold. Drafts on
CELLANEOUS
BROKERS,
street, New York.
No. 2 Nassau
C. A. Buttrick. Member of the N.T. Stock
Wm. Elliman, Member of the N.Y. Mining
Exch’ge,
Exch’ge.
New York.
Governments, and all Se¬
Stocks, Railroad Bonds,
Securities, in lots te suit,
Blakeslee,
B. F.
STOCK
AND
BOND
333
MAIN
STREET
BROKER,
(HILLS BLOCK),
HARTFORD, CONN.
Platt K. Dickinson,
Stock Exchange.
or on
Margin% Stocks, Bonds, and all Investment
covery
Howard C. Dickinson
Members N. Y. Stock Exchange and N Y. Mining
Commission./or Cash,
on
E. B.
G. G.
The
d&c
COR.
OF WALL STREET
AND BROADWAY
New York.
Business, including
Transact a General Banking
act
as
ministrator.
It can act as agent in the sale or management of
real estate, collect interest or dividends, receive
registry and transfer books, or make purchase and
sale of Government and other securities.
Religious and charitable institutions, and persons
unaccustomed to the transaction of business, will
find this Company a safe and convenient depository
for money.
RIPLEY ROPES, President.
CHAS. R. MARVIN. VIce-Pres’t.
Edgar M. Cullen.Counsel.
TRUSTEES:
Wra. B. Kendall, Henry Sanger, Alex. McCue,
John P. Rolfe,
Chas. B. Marvin. A A. Low.
Abm. B.Baylis, Henry K. Sheldon
H.K.Pierrepont. Dan’IChauncey, John T. Martin,
Alex. M. White, Josiah O. Low, Ripley Ropes,
Austin Corbin. Edmund W. Corlies.
WM. R. BUNKER. Secretary.
Thomas Sullivan,
H. L. Grant,
Investment Securities.
Buy and Sell
A M. Kidder. C.
HOUSE
W. Trask.
24 BROAD
A
HAMBURG
N e w Y ork, N ew England
STREET.
Bought and Sold.
INVESTMENT CO.
(INCORPORATED.)
WANTED:
of M18SOURI and
COUNTY BONDS.
All kinds
FAULTED
price paid for them.
address,
ILLINOIS
DE¬
Give full description, and
COQUAWB,
AND BROKER,
124 N. Third street, St Louis,
Mo.
STOCKS and BONDS
At Auction.
The
undersigned
REGULAR AUCTION
hold
SALES of all classes of
AND
STOCKS
BONDS,
OK
WEDNESDAYS AND SATURDAYS.
ADRIAN
No. t
^
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.i
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MULLER & SON,
II.
PINK ST HURT, NEW YORK.
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-
...
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I———
J. Alden
Gaylord,
St., New York,
33 Wall
PBALKB
8T. LOUIS CITY &
IN
COUNTY BONDS
AND ALL OLA 88X8 OF
SECURITIES
by permission to W. S. Nichols A Co., Bankers
INVESTMENT A MISCELLANEOUS
Refers
Capital Stock
Highest market
—
L. A.
BANKER
HAS
No.
1
BONUS,
Stocks, Ac.,
TO
REMOVED
NEW
STREET,
NEW
“H. F. Gilbert
No. 16 Broad
BANKERS
AND
&
St. (near
STOCK
YORK
Co.,
Wall),
BROKERS.
Equal attention given to small and large Investment*.
Any Information given r rrsonally or by mall. Firstcl ass reference*
& Western
SPECIALTY.
Brooklyn Securities
Beers, Jr.,
8toc«rs bought attd sold on the NEW YOKE 8TOCK
EXCHANGE on a margin of 3 par ctnt. If desired
STOCKS
GAS
Railroads in this paper.
May 1,1879.
BERENBERG, GOSSLER Sc CO
Prentiss,
Gas
EUROPE,
IN
BONDS
SOLD.
BROOKLYN SECURITIES, CITY
Co.,
OF
International Bank of Hamburg and
JOHN
H.
they
London, (Limited.) 1 '*"
W.McLeixan. Jr.
Geo.
N. T.
B08T0N.
70 State Street
NEW YORK,
184 Pearl Street.
P. O. BOX 2.647.
See quotations of City
SPECIALTY.
COBRKSPOXDXNT*
YORK.
CITY RAILROAD STOCKS &
Stocks
Gossler &
BROADWAY,
145
BOUGHT AND
Cash oald at once for the abo’ e Securttlm; or
rill hr *nlri on commission, at eller’g notion
the purchase and sale of STOCKS and BONDS for
cash5©* on margin.'
Ciinton sts., Brooklyn, N. Y.
authorized by special charter to
reoeiver, trustee, guardian, executor or ad¬
NEW
STREET.
Insurance
A
Samuel Willkto,
Wm. Whttewrtoht,
Geo. Cabot Wash
C. D. Wood.
This Company is
Dealings In
BANKERS,
COMMITTER.
Brooklyn Trust Co.
Bailey,
PINE
MONEY.
Wesley,
Williams,
J. H. OGILWE. Secretary.
No.
7
Receiver, or Trustee. a:»1 Is a
Cor. of Montague &
Special attention paid to investment orders foi
S.
A<fIlNO AS
FOK
by law to act aa Executor, Administra¬
EXECUTIVE
miscellaneous Stocks and Bonds.
E.
$i .ooo.OOO.
■
.
Agent anti
Registrar of Mooks.
J. M. McLean,
information cheer¬
Exchange Court, 'New York,
Buy and Sell
Y. Stock Exchange, bought
and sold, either for investment or on margin.
Have been connected with mining since the dis¬
~
-
AUGUSTUS t'CHELL,
BROKERS
’
Jearlng-House.
EDWARD KING. Prevdent.
J. M. McLean, 1st lice-President.
Wm. WhitewRroHT. 2d Vice Presi ent.
NEW YORK STOCK EX¬
and
’
'
Interest allowed on Deposits, which may be made
ind withdrawn at any time.
N. B.—Cheoks on this Institution pass through the
ACTIVELY
12 years membership in N, Y. Stock Exchange,
curities dealt in at the N.
of the famous Comstock Lode, and also
pioneers in the celebrated Bodie district in which
nre located the “ Standard,” “ Bulwer.”
Bodie,”
and other well-known mines. Letters and telegrams
from these districts received dailv. Orders exe¬
cuted direct at the San Francisco Stock Excnange.
MIS¬
R. JT. Kimball Cf Co...
4
4J Exchange Place,
Transfer
fully furnished.
BANKERS,
-
HAS SPECIAL FACILITIES
CHANGE A SPECIALTY.
BANKERS
Dickinson Bro’s.,
No.
OF INVESTMENT AND
DEALT IN AT THE
’
LEGAL DEPOSITORY FOB
AND SELLS
Correspondence solicited and
BONDS, STOCKS and INVESTMENT SECURITIES
BOUGHT AND SOLD ON COMMISSION.
CAPITAL,
Authorized
Place,
SECURITIES NOT
YORK,
>
.
_
C<£
Broadway, Cor. Rectal St.
tor, Guardian,
BONDS AND STOCKS.
RAILROAD
ALL CLASSES
Buttrick 6t Elliman,
AND
BUYS
V
•
No. 73
STOCK BROKERS,
Exchange
51
NEW
OF
Rosenbaum,
H. W.
UNION TRUST
_
7 Exchange Court and 52 Broadway.
Interest allowed on deposits, to be drawn at will.
Also, Contracts made and carried in New York
Cotton and Produce Exchanges. We issue a Daily
Letter which will be sent on application.
commission.
BANKERS
Geo. A. Mercer.
Owens & Mercer,
AND COMMISSION
52 William Street, New
Sterling exchange bought and
Union Bank of London.
-
Exchange.
BANKERS
BANKERS,
Sound railroad and
Financial.
Financial.
Financial.
[Vol. XXIX.
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Chicago, St. Louis, Kan¬
City and other large Western cities. Current
interest collected without charge. Loans carefully
sas
placed also on Real Estate in the Cities of New
York, Brooklyn, Jersey City Newark, &e.
MUNICIPAL, DISTRICT SCHOOL, GAS AND
WATER BONDS, RAILROAD and other CORPOR¬
Defaulted Bonds con¬
ATE BONDS negotiated.
verted into interest-paying investments. Coupons
collected.
TEMPORARY LOANS made to Counties, Towns
and Cities in anticipation of taxes and other
revenues.
marine and inland insurance.
OFFICE
$200,000.
31 & 33 PINE STREET, NEW YORK.
MONEY CAREFULLY INVESTED for Capital¬
ists, Trustees of Estates, Guardians, Fire and Life
Insurance Companies, Savings Banks, Corporations
and other investors. Strictly conservative.
LOANS CAREFULLY PLACED on
Western
Farm Mortgages, at 8,9 and 10 per cent interest, and
on choice business property in Cincinnati, Cleve¬
land, Indianapolis, Detroit.
Insurance.
-
NEW YORK, BOSTON, PHILADEL¬
PHIA AND CHICAGO.
Coupons paid for States, Counties, Towns,
Cities, Railroad Companies. Ac.
WILL ACT AS STOCK TRANSFER AGENT for
Railroad, Mining and other corporations, and also
Trustee of Bondholder*.
FINANCIAL NEGOTIATIONS conducted for
States, Counties, Towns, Cities, Railroad and other
Corporations, and Individuals.
John C. Shobt President.
GEO. W. DEBEVOI8E, Vice-President.
as
Wm. P. Watson, Secretary and
Treasurer.
...
OF THE
ORIENT
Mutual Insurance Co,
Assets, 31st December, 1878,
81,123,270 63.
T R U ST EES.
George Mosle,
Euwurd F. Davison,
Henry DeB. Routh,
E. H. R Lyman,
Henry R. Kni.hardt,
Hugh Auchincloss,
Lawrence Wells,
Wil iam Poh?mann.
Alexander Hamilt n,
Constautin Meielas,
Uarl L. Keckoagel,
W. F. Ca y, Jr.,
C»rl Vietor,
Ramsay or*>*kg,
Arthur B. Graves,
H. L. Chaa. henanld,
:
Al»*x. M Lawrence,
J* hn D. Dix,Charles M unsinger,
Walter Wat ho ,
>
rne-t«* G. Fabbri,
Henry E. S rague,
John Welsh, Jr.,
Lew.8 Morris.
Chas. F. Zi mermans,
Theod re Fachiri
C. L. F. R *se,
Wm 8. Wilson.
F. Cousinery,
Gustav Schwab,
George H. Morgan,
L. M. Calvoctfeusi.
EUGENE DUilLH, President.
ALFRED OGDEN, Vice President.
CHARLES IRVING, Secretary.
ANTON JlETZ, Assistant Secretary.
@FedFRASER