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VOL 25.
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THE
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Gold and Silver
443
Railroad Earnings in October, and
from Jan. 1 to Oct. 31
441
THE
The Debt Statement for
1877..
October,
44
Latest Monetary and Commercial
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446
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Miscellaneous
449
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455
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investments, and State, City an<\
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451 |
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456
THE COMMERCIAL TIMES.
o
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459
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MR. SHERM1N ON RESUMPTION.
Secretary Sherman has written for the North
an
interesting paper in defense of the
American Review
united
states.
NO. 646.
and little objection will probably be
brought by the reader against their statements, although
Mr. Sherman condemns them as
being somewhat “over¬
drawn.” The second step of the
argument of Messrs.
Kelley and Ewing contains the chief fallacies against
which the public need to be warned.
They ascribe to a
wrong cause the financial distress and industrial de¬
pression which are now visible, and which followed
the wild inflation of
currency and of credits in the
paper-money era.
They tell us that all these
evils
flowed
from
the
resumption act, which
was not
passed until January, 1875; but every one
knows that the distress and depression had
already
begun months before in the Jay Cooke panic of 1873,
and to attribute the troubles of
September, 1873, to the
act of January, 1875, is somewhat
amusing. Such
absurd reasoning recalls the old fable of the
complaint
of the wolf
against the lamb for spoiling the water, or
of the patient abusing the doctor for his nauseous but
effective remedies for a raging fever.
Mr. Sherman
adds very justly that “ the
homeopathic doses adminis¬
tered under the resumption act
prior to March, 1877,
had one virtue, if no other—they could do no
possible
harm if they did not do any good.
Since the 1st of
March, 1877, the steps taken for resumption have been
so
rapid and marked as to produce important direct
results, but they have been constantly accompanied
with advancing prosperity, increasing trade, and have
given us the first broad glimmering of returning light
after a period of distress and trouble.
The resumption
-act
15^ The Business Department of the Chronicle is
represented among
Financial Interests in New York City by Mr. Fred. W. Jones.
Mr.
the
since the war,
CHRONICLE.
Resumption
411
Wheat—Its Position and Pros¬
pects
44 :2
Mr. Sherman on
JOHN g.
of
SATURDAY, NOVEMBER 10, 1877.
CONTENTS.
Tiie Commercial
MAGAZINE,
were
by Congress as a remedy for the evils
were then suffering.
It was passed
after the panic of 1873, and when we
in the midst of all the evils of inflation.”
From this brief
general view of the chief points in
Mr. Sherman’s refutation of the inflationists who oppose
resumption it will be seen that be turns the tables for
them pretty thoroughly. Their eloquence, he says, is
resumption law of January, 1875. In the same issue
the law by Judge Kelley,
General Ewing, ex-Secretary McCulloch and Mr.
Joseph wasted, except to show that depreciated and inflated
S. Ropes. Mr. Sherman’s
paper is intended as a reply paper money has produced in the United States, as it
to the
arguments of these four antagonists, the first two has produced in other countries, distress, stagnation,
of whom
object to resumption altogether, while the bankruptcy and ruin. He contends that if, at the close
others are in favor of
resumption, indeed, but oppose of the war, we had promptly taken steps towards specie
certain details of the
particular method of accomplishing payments, we should have escaped much industrial de¬
it which is now
going on, and which Mr. Sherman de¬ pression, and the pyramid of municipal and private
fends. The inflationist
arguments of Mr. Kelley and indebtedness which has reached such colossal dimen¬
Mr. Ewing are well
known, aud nothing substantially sions, and which helped to crush our credit with the
Dew seems to have
been advanced by either.
appalling.disasters of 1873, would never have been
In
discussing resumption, these gentlemen usually possible. Hence he infers, with much force of logic,
begin with a powerful, earnest and graphic, sketch of the that we ought to have restored specie payments in 1865,
financial distress through which this
country has passed that the postponement of resumption at the close of the
will be found strictures
upon
442
A'
THE CHRONICLE
—-
....
■
■
-
which can now be remedied in
but cne way and which was partially excused by the
destruction of values caused by the war as well as by
the exaggerated fears in the popular mind of contract¬
ing the currency to a peace standard. Finally, Mr.
Sherman closes his argument against Mr. Kelley and Mr.
Ewing with the remark that his “ only reply to these
gentlemen would be that the distresses they complain of
were the direct, certain and unavoidable result of the
very policy of inflation which they favor, and that it
would be just as idle now to keep up this inflation with
the hope of prosperity as it would be to advise a drunk¬
ard to keep on drinking in the hope of a reform.” It
might be added that while England, Germany and other
war was
a
grave error,
countries which have
-
suffered from inflation
are
[VOL. XXV
—
now
and their true
been too much
bearing on the resumption problem has
misrepresented or overlooked.
WHEAT—ITS POSITION AND PROSPECTS.
So much has
been said and written
regarding
great yield of wheat in the United States
the
east of the
Rocky Mountains, during the past season, that there is
danger of a partial, one-sided view being taken of the
subject, and consequently erroneous action entered upon
which a better understanding of the facts
relating to the
matter would
not have
permitted. Parties who were
rise in the value of shares and bonds
of
and Western railways have not ceased
interested in
Northern
a
'to
proclaim, by all available means, that the crop of wheat
which has just been garnered in these sections is
the
largest ever grown.
So strongly has this fact been
impressed upon the public mind, that the query is com¬
mon, “What shall be done with it all ?” The crop was
truly a magnificent one* in quality as well as quantity;
and it was very fortunate that it was so, for without
it
bread must have been very dear, and trade and manu¬
factures greatly embarrassed by the additional burdens
exhibiting its resultant stagnation, France and the
United States are now less depressed than other nations,
and both have resumption laws—that of France
going
into operation in January, 1878, and that of the United
States in January, 1879. In confirmation of his
views,
the Secretary gives a suggestive historical
summary of
facts, showing the course of public opinion and of Con¬
gressional discussion which preceded the passage of the
resumption act, and gives point to his calm and statesman¬
like review of its operation by
saying that although the
law of January, 1875, is not perfect, and almost
every
one has desired to
improve it by amendments, it is the
only one that Congress would pass, and under it resump¬
tion can be, ought to be, and will be secured if the law
is allowed to work out to the end its
safe, wholesome
and sure restoration of the
currency to the specie basis.
Mr. Sherman does not notice some of the
popular
granted that the Atlantic ports of the United
their shipments of wheat
inquiry then arises, what
are the wants of
foreign buyers ? Great Britain is the
chief purchaser of the surplus wheat that is
grown in
other countries. She says she will want, for the current
crop year, about eleven million quarters, or eighty-eight
million bushels.
She imported last year 45,098,205
arguments which the inflationist orators
cwts. of wheat and
that would arise from this
cause.
Let it be
States may greatly increase
and flour over last year. The
6,050,060 cwts. of flour—an aggre¬
pressing in their harangues, in and out of Congress, gate of 51,148,265 cwts. of flour and wheat. Reduce
against resumption. For example, they say that we the flour to wheat, and we have an aggregate equal to
are
in the habit
of
r
specie payments because about one hundred million bushels of wheat. There
there is not gold enough accessible to us;
that England wras nothing in her late crop, nor in the extent of her
is accumulating gold and will not allow of its
shipment stocks on the 1st of September, to lead to the belief
from her ports to this country, and that our own mines that she will need less for the current crop year than
in~the United States do not produce more than 35 mil¬ she did in the last, and therefore the estimate that she
lions a year, which sum forms an
insignificant propor will require 88,000,000 bushels is probably a minimum
tion of the annual interest due to
European capitalists one.
who hold our Government
The question of the source of her supplies next
bonds, or our State, railroad
pre¬
sents itself.
and municipal securities, and who must draw our
The United States (exclusive of the Pacific
gold
from us in payment every year.
It is very easy for one Coast) have a largely-increased surplus to spare; and yet
cannot
in this country resume
who knows the facts to
answer
these arguments very
care
must
be taken not to over-estimate it.
The
yield?
have
said, is a large one, but it comes upon absolutely
effectively. On page 521 of the report of the Bureau
of Statistics for 1877, just issued, the
following table is bare granaries. The early receipts were in condition for
given to show the export and import of gold and silver immediate use, and, being urgently needed, the home
since' 1875:
consumption during the first three months of the
UNITED STATES EXPORTS AND IMPORTS OP GOLD AND
crop year was greatly in excess of former seasons. The
SILVER, YEAR ENDING
30th June, 1875-77.
visible supply of wheat in the principal markets of the
1877.
1876.
1875.
Exports—Domestic
$43,134,733
$50,038,691
$83,857,129 Mississippi Valley and the Atlantic Coast was, on the
Exports—Foreign..
13,027,499
6,467,601'
8,275,013 28th of July, scarcely more than two million bushels,
Total exports
$56,162,237
$56 506,302
$92,132,142 against nearly nine million bushels at the corresponding
Total imports
40,774,414
15,936,681
20,900,717 date
last year.
The receipts at the principal Western
Excess of specie exported... $15,387,823
$40,569,621
$71,231,425
markets, Aug. 1 to Oct. 27, were about thirty million
These figures show that since the resumption act
of bushels, against nineteen millions last year, and the
1875 was passed, we have been
exporting less gold or visible supply on the 27th was half a million bushels
importing more, and that in 1876, the first year after the less than last year—a fact which demonstrates how
resumption act was passed, we exported 31 millions rapidly the crop has been absorbed, how much it was
less than in 1875, and in 1877 56 millions
less—making needed; and now we see a material failing off in receipts
a gain in the two
years of 87 millions. Moreover, our at Western markets. Then there is a great deficiency,
imports of the precious metals were in 1877 $40,774,414, as compared with last season, in the yield of wheat on
or nearly twice as much as in
1875, when they were only the Pacific coast of the United States. Russia and other
$20,900,717. Of course, we do not wish to attach parts of Eastern Europe, and Egypt, owing to the exi¬
undue importance to these
figures. We adduce them gencies of the war now in progress and the obstacles to
as we
...
because
they
are
variation in the
significant; they indicate an important transportation of which it is the cause, cannot he
old currents of the foreign
exchanges, expected to furnish nearly so much wheat as last yean
November
It is
THE.
10,1877.]
CHKuNICLE
evident that Western Europe has little or no
443
period, exciting discussions similar
sur
to those
we
1873.
have had since
plos. Oar shipments of wheat and rye to that quarter
He is less
excusably in error in saying of the period 1834 ta
to demonstrate this, and yet there may be “uncom
f 1874 that our gold answered our purposes just as well and the samt
mercial reasons” for the movement. All accounts aeree as if it had been silver
(or with silver) ; for, in the first half of that
however, that from the East Indies the shipments of period, our minor silver coins were of
equal standard with the
wheat to Great Britain will be materially increased dollar, and those of full weight were swept into the
melting po*
That quarter and the Atlantic slope of the United or were exported like our full dollars, to the great injury of all
business except that of the
money changers ; hence the act of
States must be regarded as the chief reliance of Great
1854, reducing all silver coins below the dollar so much in
Britain for supplies of wheat for the coming year
weight
(7
seem
brings us to a comparison of the supplies which
Great Britain received last year, with those which she
may expect to receive in the current season •
This
1876-7.
Actual
Supplies.
Cwts.
10,608,733
17,81*6,697
4,741,426
From Germany.
3,458,008
From British
4,181,893
5,154,615
1,439,’80
3,687,453
North America.
51,148,465
Here is shown
a
per cent), that they remained at home and in use as
subsidiarycoin until 1862.
Gold did not and could not
supply the place of
the small coins.
Despite these inaccuracies, the passage quoted contains a
great
experience, that when we have a coin standard of twometals, and value one of them higher and one lower than the
relative value given them in
Europe, the one that we undervalue
will be exported; we can
keep only the metal that we overvalue
truth from
1877-8.
Estimated
Supplies.
Cwts.
6,000,000
for the
time, whether it be gold or silver.
no quarrel with
bi-metallism. The import¬
3,000,000 ance, if not necessity, of the full use of both
gold and silver as
2,500,000 standard
money, for the prosperity and happiness of mankind, is
8,000,000
indisputable, and one may well predict disaster and
2,000,000
suffering in
4,000,000 populous countries having but limited natural resources, if
the demonetization of silver becomes
universal
20,000,000
There should be
2,500,000
48,000,000
probable deficiency in the supplies
among commer¬
urge and help the remonetiza¬
tion of silver in the United States if it
would arrest the disuse
and restore the use of silver
generally in other countries, pro¬
vided always that it could be done
without injury to our own.
cial nations.
It would be
a
duty to
which England may receive from foreign countries of
more than three million
hundred-weights. The stocks in
the United Kingdom were nearly a million hundred¬ people and their interests.-
But if remonetization in the United
States would work great and
irreparable injury at home, the first
weights less on the first of September last than on the duty is resistance
by every proper effort; if, in addition, the
first of September, 1876. This increases the
deficiency effect would be to promote demonetization of silver in Europe,
to fully four million
hundred-weights, or about nine per with all its ill consequences, then every true bi metallist ought to
cent, and it is sufficiently large to be worthy of consider¬ remand the question of restoring the silver dollar here to that
time when it can he done
ation. Higher prices may cause an increase of
shipments remonetization of silver in concurrently with or after the general
from many sources, and the sudden termination of
the
Russo-Turkish war may open
supplies that cannot now
be reached. But these matters are in the
future. We
simply take the situation
find
it; and it certainly
promise such an excess of supplies of flour and
wheat, that prices below the average can be
reasonably
expected.
does
as we
not
(Continued from the last Chronicle.)
before
1873, and the double or alternative standard of
gold and silver,
according to which sixteen ounces of silver and one ounce of
gold shall be of equal legal value as
money.
money, of any eminence as authorities, whether
advocates of the gold standard alone or
bi-metallists,
on
agree in
this, that, except by such balance of the
differing laws of the
several nations as was
operative in Europe down to 1873, or
by
concurrent legislation of a
controlling part of the great nations,
there cannot be a double standard
anywhere of which both parts
shall remain in use, side
by side and of equal value. Either the
gold or the silver will have the
higher value. It may be now
one and then the
other, but they will be unequal,
varying from
the legal ratio in market
value, and hence the use of the term
alternate standard, when it is of both
gold and silver.
Mr. Groesbeck
says: “In the beginning, and down to
1834, we
“did not value
gold as high as they (in Europe) did. The consequence was, our gold left us
and went to them, where it had
“more power than here
; but our silver remained, and answered
our
purposes just as well and the same as
if it had been gold;
“since 1834, and down to
1874, wa did not value our silver as
high as they did, and therefore it left us, but our
gold remained,
“and answered our
purposes just as well and the same as if it
had been silver.”
Evidently Mr. Groesbeck does not remember
the financial and
monetary history from 1816 to 1834, and "has
fated to study the
interesting record of it found in the proceedhig3 of Congress, and in Niles’
Register and other publications
of V at i
eriod. If he had, he
would not have written the words
“
“
‘
“
remonetize
silver, she could do it without loss or difficulty.
nominally the double standard (though she is now
practicably mono-metallic, having stopped coining standard
silver). If France should decide to fully demonetize silver, as
many of her statesmen, merchants and bankers are
urging, she
must encounter
great loss and difficulty to accomplish it.
France has
to restore the silver standard
The address advocates the restoration of
the silver dollar ; in
other words, restoration of the
coinage law as it stood
All writers
to
These two conditions teach
GOLD AND SILVER.*
:
Europe.
England has the gold standard. If for the sake of her Indian
Empire, or for any reason, her .government should decide
us a
we
lesson.
remain in
So
long
as we
forbear
condition to do it at
we shall have issued
a
any time without sacrifice ; but when once
200 or 300 million dollars of standard
silver, and all business con¬
tracts shall have become
adapted to the silver system, there can
be no escape from it without
great sacrifice, however imperative
necessity for it may appear. Is not this measure, then, one on
which it is wise, or at least
prudent and discreet, to delay action ?
Yet the address before us, like the
popular talk of the day,
the
demands immediate action—the silver standard of
coin co-equal
gold—now, at the hands of this Congress, regardless
of the position of
European governments in relation to a problem
in political
economy as important to them as to us.
The violent
assumption is made that our restoration of silver will have
power
or influence to
bring its value up to the ratio of value which we
may adopt, say 16 to 1, in Europe, and thus afford
opportunity
for the Latin nations, thus
supported, to renew their silver
with that of
coinage.
It is assumed that France, Belgium, etc., would
opportunity. The cost of transporting gold and silver
same for
freight and insurance. A small margin of profit
seize the
is the
above that cost suffices to move either metal.
One per cent
would drain any country; and
any country menaced with the
drain must force a reversal of the course of
exchange or submit
to be drained.
The ratio of value in the States of the
Latin
Union is 15J to 1, or 3 per cent
higher for silver than our ratio
-
formerly and is expected to be under the new law. If those
countries should resume coinage of silver at their
ratio, we
should send them all our silver dollars in
exchange for their
was
gold pieces, as Germany was doing when France was forced to
coining silver sous. Our remonetization would threaten
France, not help her, at the respective ratios. If we could
sup¬
pose France and the other Latin States to change the ratio that
*h*c!i are
prated in italics.
From 1816 to 1830 was a dark
prevailed in Europe for a century—(France did not make the ratio
•An add ess
d.livered before the American
Bankers’Association, in New 15£ to 1; she only adopted it by law in 1804, as she found it the
York, S« premier 13,
1877, by W. S. Groesbeck, of
Ohio.—(Robert Clarke & usual average of business)—and adopt a ratio still more
t'0** Cincinnati.)
cheapen¬
ing silver than ours, then the silver current would flow to us for
cease
414
THE CHRONICLE.
gold. But the money ratio established by law is regarded
only within the jurisdiction of that law and in respect of legal
tender. A more general and overruling law is that of bullion
values, which defies statutes except when it can use the
statutes for self-interest,
as
in ’ depositing silver bullion
for coined
legal tender dollars under the law of un¬
limited tender and free coinage.
When, in the period
1792 to 1834, our gold left us, as Mr. Groesbeck says,
ou
our
ratio
16 to 1
was
15 to 1 ; when after 1834, our silver left us, it was
in Europe, by law and usage, it was 15£ to 1 in both
periods. In the first period we offered 3 per cent to have our
;
[VOL. XXV '• S
redemption purposes and to maintain specie payments, if the
plan of keeping our gold in active circulation, as proposed by the
Bankers’ Association, shall be adopted, the difference to
the
aggregate gold fund of Europe, whether we take that little sum
or so legislate that all the gold
we now hold and may produce
shall go to Europe, is a very material one.
In view of the possible demands by quickened activities
of
business, the insufficiency of gold as a sole coin basis may be
almost assumed ; for it is to be remembered that the
business
stagnation has been progressing since 1873, and intensifying g0
far in
1875-6, that there has been more than money enough
premium for the export notwithstanding the extent of silver demonetization in the last
periods the average gold price of bar silver two years. We have now seen a period of active and profitable
in London was 60fd. per ounce, which was almost the exact general business when standard silver was not doing its full
part
equivalent of the money ratio 15£ to 1. The price of bar silver of the money work in proportion to its amount. We have yet to
is now 55d., or 9 per cent below that old ratio.
Yet Germany has seewhat the conditions of such a period can be without the use
recently been selling freely of her old silver. It is said that of standard silver in Europe. Reasoning from the analogies of
Europe would be glad to find a market for 600 million dollars the past, we may believe that when such industrial and commer¬
worth of silver at 58d. and perhaps less. When our mints, by cial revival shall come, European governments will be forced to
free coinage of silver at the ratio of 16 to 1, shall offer in gold or consider the necessity of remonetizing silver everywhere, Great
its equivalent 58£d. for all the silver that comes, what shall hin¬ Britain not excepted.
der the merchants and bankers of Continental Europe sending
Shall our legislation be such as to confirm the European
policy
of
ns silver in exchange for our gold, and for our cotton and wheat,
demonetization, by giving those nations all our gold and taking
and tobacco, petroleum, &c., at gold value, until we shall be glut¬ all of their silver that we can use ? It would be a deadly blow
ted with silver beyond our capacity to use ? If when this is to the policy of universal bi-metallism, so much sought for
by
done, and Europe, lightened of much of her silver burden, shall some of the best economists of the age, and struck too iu the
conclude that one ounce of gold is worth twenty ounces of silver, name of bi-metallism by its professed friends.
B
what are we going to do about it ? By our laws silver will be
worth 25 per cent more, and we will keep it. Will it not be tenRAILROAD EARNINGS IN OCT. AND FROM JAN. 1 TO OCT. 31.
derable in payment of all debts, public and private ?
The comparatively full statement given in the tables
below,
Leading men of all classes, manufacturers, merchants, and
shows that railroad companies are satisfied now to give out their
bankers, as well as statesmen and political economists, in
earnings. This is in itself an evidence of prosperity, as only a
Europe, are watching with much interest the course of legis¬
few of the companies have the moral courage to keep up their
lation on coinage in this country.
In modern times the
policy of one commercial nation in its laws touching coinage reports when earnings are showing a decrease from month to
month.
The striking feature of the October reports is the con¬
and legal tender, customs tariff, or anything else connected
tinued increase in earnings on some of the grain-carrying roads,
with commerce, has effect upon the interests of every other
go abroad ; in
of silver.
In both
gold
the latter, 3
per cent
of the commercial nations,
because of the rival or reciprocal
interests interwoven among them.
Just now, when it may
be termed a transition period in metallic coinage generally,
whatever shall affect the relation of value between
silver and the aggregate
purchasing
power
gold and
of both metals
as
money, is of special interest and importance to all, and it will be
well if members of our Congress will learn why their legislation
is
much observed abroad.
Economists
know, and statesmen
accept it as true, that legislation here to restore the unlimited
legal tender and coinage of the silver dollar equally with gold,
at the old ratio 16 to 1, will drive all gold out of our country,
except as it may be held at a premium, making a fiow of gold to
Europe, where it will have a higher value as money than we give
it—the same reason as that given by Mr. Groesbeck for the
outflow of gold 1794-1834—and a flow of silver to us from
so
improvement over
of $305,741; Burlington Cedar Rapids & Northern,
$60,092; Illinois Central, $62,120; Kansas Pacific, $55,265;
Southern Minnesota, $41,641; and Wabash, $81,498. The prin¬
cipal decrease is on the Central Pacific, $193,066, and Chicago &
Alton, $85,086. On the Sfc. Paul road it will be noticed that the
whole decrease for the ten months of 1877, as compared with the
same time in 1876, is now reduced to $123,192, and on the Illinois
Central main line (leased lines are not reported) the decrease for
ten months now stands at $355,699.
A complete statement for
four months of this fiscal year, furnished us at the office of the
Chicago & Northwestern Company, taking in all the proprietary
roads, gives the net result of $772,797 in net earnings, against
$324,645 in the same four months of 1876. The details are as
of
gold coin and bullion
existing
July
be enough August
to serve as standard coin and the basis of money credit for all September
Total
specie-paying nations now, in this period of depression and reOperating
expenses, taxes, and all fixed charges
stiicted trade and industry, when the whole volume of business
sura
now
is much reduced from its normal amount.
cannot continue
may
But the Eastern
1877.
1876.
$91)6,517
3,008,590
$1.361,S0£
1,119,311
1,083,5*1
1,292,444
1,222,3-30
1,695,441
.
$4 860,641
$4,922,679
4,150,081
4,533,905
.
$324,641
$772,797
Net....
war
always. Its end maybe found in conditions that
produce universal peace.
This may occur coincidently
with other causes for a general revival of business activities,
calling for active use of all the capital, so much of which has
been idle or poorly employed in recent months.
The active use
of capital requires the use of etandard money or its representa¬
tives, bank notes, &c.; and no more redeemable paper money can
be issued than can be guarded by coin reserves.
If only gold is
to serve as standard coin, as is the tendency of European
policy,
the sum of existing gold, now sufficient, may be found distress¬
ingly inadequate to meet the demand upon it. If then the legis¬
lation of the United States is to stand unchanged, on the
gold
standard, until after our full resumption of specie payments, we
shall not only retain the gold we have, and may produce at home,
but shall draw gold from Europe to the full extent of our wants,
on the best terms too, under favor of the high credit which the
policy itself would ensure, and in spite of any high rate of
interest by the Bank of England or any other process of resist¬
We have that to sell yearly which Europe must
ance.
have,
and if we k*ep the course of exchange in our favor, as we should
under the gold system, at least for a year or two, the balances
coming to us must come in gold, irrespective of the credit ques¬
tion.
While we should need very little gold from Europe for
shall
an
follows:
June
Europe.
The
which enables the St. Paul road to show
last year
Chicago and the seaboard
Grand Trunk of Canada
made an
Great Western of Can¬
ada an increase of $21,723; Michigan Central an increase of
$21,762. The Pennsylvania Railroad traffic, as reported last
week in the Chronicle, makes the following exhibit up to the
close of September. On all lines east of Pittsburgh, gross earnings
for September, decrease $863,585; operating expenses, decrease
$177,627; net earnings, decrease $685,958. For nine months" to
September 30, the gross earnings showed a decrease of $4,332,576; expenses, a decrease of $2,806,610; net earnings, a decrease
of $1,525,966.
The lines west of Pittsburgh showed a decrease
for nine months of $718,371, having gained $248,460 in the
month of September.
As to trunk-line business between
we
have,
very little light. The
increase in October of $111,042;
as
usual,
GROSS EARNINGS IN OCTOBER.
1877.
Atchison Top. & S. Fe ...
Burl. C. Rap. & North’n.
Cairo & St. Louis*.......
Central Pacific
Chicago & Alton
Chic. Mil. & St. Paul..
Cl. Mt.V.& Del.&brchs*.
..
Denver & Rio Grande*..
Grand Trunk of Canadat
Gt. Western of Canada^.
Hannibal & St. Joseph...
$310,000
171,533
111.441
19,135
22,555
1,696,000
1,8.'8,0 6
532,8 8
817,259
417,782
1,183,000
25,938
26,395
32,932
Dec.
Inc.
1876.
$297,938
$42,042
60,092
•
...
•
365,741
•
•
•
•
•
55,123
833,564
772.522
398,080
376,357
22,191
111,012
21,723
220,000
183,976
31,024
$
3,370
192,066
85,086
•
•
•
•
**
907
••••*»
THE CHRONICLE
10,1877.]
November
1877.
588,367
(III. line)...
Imfianap. B. & Western*.
Int. & Gt. Northern*
Illinois Cent.
Kansas
8/577
117,897
400,625
669,684
Pacific
Michigan
Central
(br’chs)..
St. L.A. & T H.
St. L. Iron Mt. & S
St. L. K. C. & North
St. L. <fe San Francisco...
.
Ky. Div.*
Tenn. Div.*
Bo
Do
Dec.
17,492
18,410
55,265
21,762
23,610
59.977
10,722
512,209
347,940
437,902
325,503
74,298
19,432
134.632
151,491
48,899
751
15,158
....
•
3,750
.
•
•
350
115,167
516,115
439,710
76,405
$1,058,301
703,334
$9,214,424
$349,967
Three weeks only of October in each year,
t For the four weeks ended October 27.
"
1377.
$2,094,427
Top. & Santa Fe
981,342
Burl. C. Rap & Northern..
Cairo & St.
Illinois Central (III. line)
Ind. Bloom. & Western •
Int. & Great Northern*.
Kansas Pacific
Missouri Pacific
Missouri Kansas & Texas
Paducah & Memphis*...
St. L. A. &T.H. (br’chs)..
St. L. Iron Mt. & So
6,678,652
307,333
597,377
7,595.544
306,207
1,115.0)7
2,677,518
3,189,991
2/41,115
145,822
Total..
...
2,573,314
1,097,668
493,831
49).010
263,937
•270,957
121,305
509,683
535,624
9
J5/95
3,726,536
1,212,612
3,645,033
$69,378,12T
$70,946,692
'
only of October in each
t From January 1 to October 27.
X From January 1 to October 26.
The
.
137,727
48,183
.
•
.
.
•
•
•
15,649
5,505
2,179
7,020
2,377
25,941
Chicago Bari. & Quincy.
Dakota Southern
$1,242,122
25,511
9*,774
526,053
141,76*2
19/13
..
157,4*24
5 ',0*27
Philadelphia & Erie
322,835
61,729
42,221
8t. Paul & Sioux City
Sioux City & St. Paiil
Southern Minnesota
Texas & Pacific
$121,188
92,234
7,549
33,839
13*2,8*24
6'),377
21,595
174,893
78,383
* *2,834,590
$381,431
341,770
123,351
253,276
$3,116,360
1876.
1877.
...
Louisville & Nashville..
...
$8,791,744
3,915,636
3,667,933
1,240,607
1,267,962
478,-52
2,409,564
410,609
251,3 *5
498,732
Sioux City & St. Paul..
349,146
200,530
425,624
Jersey Midland..
Philade'phia & Erie...
St. Paul & Sioux City.
Southern'Minnesota....
Texas & Pac fic
--
...
$3,129,2*21
1,5)8,565
20,430
$2,873
$41,721
$42,389
$322,896
186,286
$319,722
158,167
$2,16S,653
1,530,821
*2,409,564
$136,610
$161,555
$637,832
$728,774
1.680,790
$3,005,230
1,846,655
$2,606,047
1,621,142
$60,571
38,441
$444,190
$447,119
341,292
352,222
$26,203
$22,130
$102,893
$94,897
St. L. & So. East.—Kentucky Div.—
Gross earnings
$29,048
Operating expenses
22,103
$3C,867
25,509
$24/396
197,101
$245,858
212,215
$6,939
$5,358
$43,295
$33,673
$12,970
10,633
$113,175
10,250
93,738
$110,443
93,535
$4,136
$2,337
$19,437
$16,913
$61,720
33,911
$49,055
29,016
$349,146
$410,609
252,811
269,431
$27,809
$20,039
$96,335
$141,173
Paul—
earnings
Operating expenses
$42,228
23,942
$32,404
$200,580
19,929
163,786
earnings
$18,286
$12,475
$36,794
$63,985
Gross earnings
Expenses
$123,351
41,633
$39,086
$4*25,624
272,434
$441,324
30,410
earnings
$81,698
$3,676
$153,190
$127,509
Net earnings
Net
earnings
...
St. L. & So. East.—Tenn. Div.—
Gross earnings
$14,3S6
Operating expenses
Net earnings
Operating expenses
Net earnings
Sioux City & St.
Gross
Net
'6*350
August.
,
313,815
follows for August, and for
^-Jan. 1 to Aug. 31—,
,
“1876.
1876.
1877.
$114,510
77,460
$86,251
63,18*2
$861,170
*727,961
$725,958
473,826
$37,050
$23,069
$133,2(9
$252,132
1877.
International & Great Northern—
Gross
earnings
Expenses
Net earnings
$39,661
$251,395
187,410
Southern Minnesota-
The International & Great Northern reports as
the eight months ended August 31:
was
....
During the period covered by these figures, a large number of new ties
placed in the track, the cost of which is included in this item.
The
12,902
416,420
Debt bearing: Interest In Coin.
$807,578
Character of Issue.
1876.
$1,754,427
$1,753,385
104,699
918,970
862,737
$160,894
$335,457
$8)5,618
$800,800
$831,234
5s,
6s'
6s,
6s,
10-40’s
5-208 of 1S65,
$90,800
93,309
72,059
569,502
643,725
$100,917
$18,741
$210,307
$182,509
$1,353,310
$2,242,122
566,4:30
$3,894,822
4,854,483
$8,791,744
608,599
Net earnings
$751,891
Clev. Mt. Vernon &Del. and Br’chs.—
Gross earnings
' $38,637
$675,692
$4,040,534
$1,151/19
$35,021
$281,345
24,732
$279,312
25,445
221,931
227,130
$ 13,242
$10,289
$50,414
$52,173
$316,651
l',*!,591
$301,950
$2,276,893
143,016
1.364,918
$2,154,821
1,291,397
Net earnings
Chic. Burl. & QuincyGross earnings
Expenses
Operating expenses
Net earnings
Gross earnings....
....
,
4,640,125
’58 1874 J. & j: a
’61 1880 J. & J. b
’61 1-81 J. & J. c
$260,000
13,818,000
d
d
a
d
d
d
d
126,2S4,100
53.919,400
1881
’63 1881
’64 1904
’65 18a5
’65 1887
’65 1883
5-20s of 1867
5-20s of 1863
5s. Funded Loan, 1881 July 14,’70 1881
4Xs,
do.
1891 July 14,’70 1891
1907' July 14, ’701 19v7
4s,
do.
J. & J.
J. & J.
M.&S.*
J. & J.
J. & J.
J. & J.
Q—F.
Q.-M.
Q.-J.
$153,943
$911,975
•
$863,424
,
.
••
..
242,545,150
4 /982,650
98,503,650
15,749.000
219,440,350
115,590,400
44,250,000
$879,342,700
Coupon.
$
4,597,000
945,000
63,037,250
21,030,600
52,021,150
78.029,150
212,114,750
21,716,300
289.000,000
84,4^9/OJ
10,750,000
$837/00.80
The sizes or denominations of each issue of bonds are as follows: (a) Coupon
$1,000, registered $5,090. (6) coupon $1,000, registered $1,000, $5,000, $10,000.
(<?) $50, $100 and $500. (d) coupon, $50. $100, $500 and $1,000, registered, same
and also $5,000 and $10,000.
*
Coupons of $50 and $100 bonds are paid annually in March.
On the above issues of bonds there is a total of $3,674,960 of interest over-dne
and not yet called for. The total current accrued interest to date is $24,840,093,
Debt Bearing: Interest In Lawful Money.
Principal. Interest
3s, Navy pension, Act July 23,’68, Int. appl’donly to
Debt
this
on
pen8’n8l$14,000,000l$140t000
Wlilcb Interest Has Ceased Since Maturity.
a total amount of over-due debt yet outstanding, which has neve
presented for payment,of $27,062,881 principal and $1,049,495 interest. Of
amount, $26,290,900 are on the “called” five-twenties.
There is
been
$155.079
Outstanding.
N
Registered.
Aggregate of debt bearing interest in coin
$194,2*26
..
March 3,
March 3,
new. March 3,
March 3,
March 3,
When Pay ble
Bonds
Interest
Periods.
i»
July&Ai,’61
6s of 1831
6s of 1881
& North.—
Operating expenses
Act.
June 14,
Feb.
8,
March 2,
5s of 1858
6s of 1881
,—Jan. 1 to Sept. 30.
1877.
1876.
,
Auth’rizing
$431,141
$285/93
$171,402
following ig the official statement of the public debt as
and Treasurer’s returns at the close of
of October. 1877:
appears from the books
business on the last day
50,815
15,7i0
103,640
.........
Operating expenses
THE DEBT STATEMENT FOR OCTOBER, 1877.
$
EXPENSES AND NET EARNINGS.
1877.
$4,633
3S,4ol
$
Atchison Topeka & Sante Fe—
Gross earnings..
$ 275,042
earnings
$150,173
107,784
Operating expenses
240,911
61.4-3
$20,149,345
ept.
Net
$112,354
$984,905
Decrease.
The statement below gives the gross
earnings, operating expenses and net
earnings for the month of September, and from January 1 to September 30, of
all the roads that will furnish statements for Dublication:
Expenses
$11,463
$134,414
92,633
Gross earnings
49.350
1,139,803
$20,525,783
GR038 EARNINGS,
$'03,078
257,650
441.324
1,60),223
..
Total
Kansas Pacific.—
$478,352
386,428
$1,858,575
Increase. Decrease.
$8,894,82*2
New
Gross earnings
$498,782
EARNINGS FROM JANUARY 1 TO SEPTEMBER 30.
GROSS
Net earnings
Burl. Cedar Rapids
$65,377
47,564
$163,125
*
Total
Net increase
$59,027
St. Paul & Sioux City-
“3474
12/65
9,8 24
84,265
$468,695
$240,828
33,311
319,72*2
4 9,055
32,401
39,036
$493,015
$15,374
12,501
gen. expenses.
earnings
5.916
4 >2, l?3
175,0:3
$48,829
$14,591
9,953
earnings
Net
$1,343,310
Detroit & Milwaukee.
Louisville & Nashville...
Mobile & Ohio..
Nash. Chat. & St. Louis..
New Jersey Midland
$65,306
St. L. & So. East.—St. L. Div.Gross earnings
$64,651
81,493
Increase.
*
earnings
Net
285,717
1876.
799,267
$354,914
191,783
year,
1877.
$1,267,962
762,045
189,776
GROSS EARNINGS IN SEPTEMBER.
•
$l,255,0f0
83,999
f
following companies have but recently reported their earnings for Sept.
•
earnings
Operating &
19,509
$1,560,656
$132,823
•
31,247
473,431
decrease
Three weeks
.
355,699
220,516
156.520
395,793
3,043,949
2,593.963
1,103,174
123,682
.
155,445
162,357
116.570
177,337
$157,424
91,118
St. L. Iron Mt. & SouthernGross earnings
$121/04
460.166
165.331
3,517,430
....
23.iio
....
958.547
expenses
Gross earnings
Operating expenses
123,192
2,595,92?
427.040
Net
Net
1,126
231,893
2,500,181
3,052,264
$192,833
Padu.cah & Memphis-
$
......
3,341,312
1,590,721
4 565,176
1,223,769
$40,9.'6
1876.
Dec.
1,292,156
365,484
7,750,939
1,003,244
St. L. Kansas City & N..
St. Louis & S. Francisco
St. L. & S. fcl —St L.div.*
do
Ken. div.*
do
Tenn. div*
Southern Minnesota
Tol. Peoria & Warsaw.
Wabash
*
6,555,46)
3,178,955
1,707,291
4,239,477
Great Western*
Hannib tl & St. Joseph.
Net
3,753,113
942,675
218,097
15,024 263
4,218,279
13,732.107
Chicago & Alton
Chic. Mil. & St. Paul....
Cl. Mt. V.& Del.& brehs*
Denver & Rio Grande*..
Grand Trunkt
$38,034
38,667
$2,056,343
194 987
Louis*
Central Piicific
Inc.
1876.
At.
Operating
Philadelphia & ErieGross earnings
Operating expenses
31.
GROSS EARNINGS PROM JANUARY I TO OCTOBER
& taxes
expenses
Net earnings
Net
four weeks ended October 26.
\ For the
earnings
New Jersey MidlandGross earnings
22,812
Net increase....
$314,615
621,732
Sept 30.-
*# #
1,528
41,641
t9,319
$110,245
profits
Gross
16,852
10,857
68,3)9
137,979
-Jan. 1 to
1877.
>
187$.
Nashville Chatt. & St. L.—
Operating
25,069
$9,922,758
Louisville Cin. & Lex.—
Gross earnings.
Operating & other expenses
Net
5,744
t1,408
61/99
-Sept.
1877.
.
335,275
110,000
Southern Minnesota
Tol. Peoria & Warsaw
Wabash
62,120
647,921
371,332
49,641
23,541
10,507
St.L.&So.E.—St L.Div.*
Inc.
315,360
394,972
329,531
Missouri Pacific
Missouri Kansas & Texas
Paducah & Memphis*....
1876.
526,247
106,069
99,487
445
446
THE
CHROMCLE.
Debt Bearing no Interest.
Character of Issue.
Old demand notes....
Legal-tender notes...
Certificates of
movement in
Authorizing
Acts.
Issues.
Amount.
July 17, ’61 )
-j
Feb.
Prior to 1869. $21 394,813
Series of 1869 168.3)7,516
Series of 1874
49,550,504
Series of 1875 115,185,039
Feb. 25, ’62
-j
$63,702
12, ’62 f
July 11, ’62
Mar. 3, ’63
deposit.. June 8, ’72
r First...
-j
Fractional currency
Coin certificates
Total.
July 17, ’62 1
Mar. 3, ’63-{
June 30, ’64 |
Mar.
354,490,892
37,6 d),000
4,-.91,104
3,114,114
3,027,135
4,402,9)7
3,517,232
Second
Third...
Fourth.
Fifth...
3, ’63
18,352,574
33,543 200
Aggregate of debt bearing no interest.
$444,070,369
^Unclaimed interest
7,4r
Recapitulation.
Amount
Interest.
Outstanding.
Debt
bearing Interest
Bonds at 6 per cent
Bonds at 5 per cent
Bonds at 4# per cent
Bonds at 4 per cent
•
Coin—
in
$758,776,8'0
703,266.650
200.000,000
55,00,-,000
Total debt bearing interest in coin
$1,717,043,500
Debt bearing Interest in Lawful Money—
Navy pension fund at 3 per cent
14,000,000
Debt on which Int. has ceased since Maturity.
27,052,880
Debt bearing no Interest—
Old demand and legal tender notes
$351,554,594
Certificates of deposit.
37,620,00i.
Fractional currency.
IS,352,574
Certificates of gold deposited..
33,543,200
Total debt
bearing
Unclaimed interest
no
interest
not
140,090
1,049,495
$444,070,369
7,447
Total........
Total debt,
$28,515,054
$2,202,176,749
$29,711,996
principal and interest, to date, including interest duel
presented for payment
-Amount
Coin
in the
2,231,888,746
Treasury—
131,022 843
15.950,632
9,444,569
Currency
Currency held for the redemption of fractional currency
Special deposit held for redemption of certificates of deposit
as provided by law
37,620,000
Total.
Less estimated amount due
ho
$194,038,015
military establishment, for which
appropriations have been made
9,500,000
..
Total.
Debt, less
Debt, less
amount in the
amount in the
$184,538,015
2,.947,35'i,700
2,051,587,254
Treasury, Nov. 1, 1877.
1, 1877.
Treasury, Oct.
Decrease of debt daring the past month.
Decrease of debt since June 30,1877.
$4,236,554
12,^07,522
Bonds Issued to tite Pacific Railroad
Companies. Interest
Payable in Lawful Money.
Character of IssHe.
Interest
Interest
|
Amount
Balance of
Int. paid
paid by
repaid by
Outstand’g. United St’s tr’nsp’t’n.
•Central Pacific
Kansas Pacific
Union Pacific
Central Branch, Union Pacific..
.
Western Pacific
'Sioux City and. Pacific
Total....
by U. S.
$25,885,120 $14,133,912 $2,132,167 $12,001,744
6,303,000
3,860,253
15,152,705
973,808
958,847
878,102
27,236,512
1,600,000
1,170,560
1,628,320
1,531,680
4,956,791
60,74S
9,367
65,658
2,328,573
10,195,914
913,059
949,480
8.2,443
$64,623,512 $35,957,629 $8,756,413 $27,201,215
The Pacific Railroad bonds
July 2, 1864; they
are all issned under the acts of
July 1, 1862, and
registered bonds in the denominations of $1,000, *5,000
payable January 1 aud July 1,
are
and $10,000; bear 6 per cent interest in
currency,
and mature 30 years from their date.
latest
Rates
fHonetanj ait& dammerctal ®uglisi) Hm*
of
bvchinoe it London and on London
AT
LATEST DATES.
EXCHANGE! AT LONDON—
OCTOBER 26.
EXCHANGE ON LONDON.
[Vol. XXV.
the value
of
money have been somewhat
disap.
this week, a decided easier feeling having
become
apparent. The demand for gold for exportation since the
Bank
rate was reduced to five per cent has
materially abated, and a
limited quantity has been sent into the Bank.
The higher
rates
of interest which the joint-stock banks and discount
houses are
offering for deposits have not only attracted a large supply of
money from the provinces, but the movement has been upon
so
extensive a scale, that the managers of the banks and
discount
houses are unable to employ the money offered to, and
accepted
by, them, except at a loss. The rates of interest for deposits are
now as follows: For money at call, 4
per cent, and with 7(3)14 days’
notice of withdrawal, 4£.
These rates have, as has been stated
attracted large supplies of floating capital, but in the absence of
a
corresponding increase in the demand for accommodation for com¬
mercial purposes, the rates of discount have been
declining, the
quotation for short-dated and three months’ bills being only 4^ to
4£ per cent.
It is therefore quite clear that if the banks and
discount houses are desirous of transacting a safe
business, their
profits just now must not only be very small, but they must be
inadequate to meeting even their working expenses. No profit
can be attached to borrowing money at 4 and 4£
per cent, and
lending it out say for six weeks or three months at the same rate,
and, consequently, some perplexity exists in discount circles.
But the peculiar condition of the money market is further attested
by the strong demand which prevails for bank and commercial
bills of a sound character, having four and six months to run.
Owing to the competition which prevails for such descriptions of
security, the holders of them are enabled to discount them on
very easy terms, the rate being only 3£ to 3f per cent.
In times
of uncertainty, and more especially at a period when high-class
stocks are quoted at prices which yield to the investor a very
moderate rate of interest, many financial, as well as commercial,
houses evince a strong desire to hold good bills, having some
months to run, partly fiom the fact that they yield a moderate
rate of interest, and also because their value is not liable to fluc¬
tuation.
Were money to become dear, and to show indications of
remaining at a fairly high point, government and corporate bonds,
as well as the preference
and debenture stocks of the leading
railway companies, would experience a reduction in value, as
bankers and others would find more-profitable means for the
employment of their capital, and a3 there is, just now, some
uncertainty about the future of the money market, there are
many who think it a judicious course to pursue to invest as much
as they can in six months’, or even four months’, bills.
pointed
The demand for bank and choice commercial bills has not been
from home
sources
alone, but has also been
Money in Paris is very easy,
bills have been remitted in
and, as there is an abundant supply,
large amounts to that market. A
large increase is shown under the head of " other securities” in
the weekly statement of the Bank of France, and it is regarded
as
possible that a rise in the value of money will take place in
Paris, should advantage continue to be taken of the facilities
which there exist.
Throughout the! week the demand for money has been exceed¬
ingly moderate, and, with an increasing supply of capital, the
ra’es of discount have been steadily
falling away. The quota¬
tions for money are now as under:
Per cent.
Bank rate.
ON—
TIME.
RATE.
!
LATEST
i
DATE.
TIME.
Antwerp
Hamburg
Far is
Paris
Vienna
short.
12.1 #©12.2#
3 months. 25.40 (©25.4554
20.70 ©20.74
short.
25.15 ©25.25
3 months. 25.32# ©25.2 7)tf
Berlin
66
Frankfort
44
fit. Petersburg
Cadiz
Lisbon
90 days.
Milan
3 months.
Genoa
....
Naples
Madrid
New York
Havana
Bio de Janeiro
•
•
•
....
30
days.
Calcutta
Hong Kong...
46
Shanghai
•Singapore....;.
Penang
«.«•••
•
•
•
•
•
•
•
•
Is. 9#d<©5-16ri.
Is. 9*tf(©>i6d.
3* 1054®3s lid,
5s 3*(©5s 3
3s 10* (©3s 11 d.
short
46
46
66
6 6
46
our own
li7*80
short.
66
20.47
66
Oct. 10.
20.47
23 15-32
3 mos.
....
•
•
•
•
Oct. 26.
•
•
•
short.
-
•
27.32
•
3 mos.
60 days.
47.99
4.fcl*
«6
18*(©19*
<4
25.
24.
20.
20.
24’^
6 mos.
1 s.
9%d.
Ss.nxd.
5s. 5)4 d.
66
46
....
6
12/. 5c.
mos.
6*
“
i
0 %d.(&\s. 1
3s. 11 %d.
London, Saturday, Oct. 20, 1877.
who have been
strong believers in
deposits
a
further upward
by the joint-stock banks and
subjoined :
are
Percent.
4 <© ...
4
Discount houses with 7 days’ notice
Discount houses withl4 days’notice
4#(©..«
showing the present position of the Bank
discount, the price of Consol#,
the average quotation for English wheat, the
price of Middling
Upland cotton, of No. 40*8 Mule twist, fair second quality,
aud the Bankers’ Clearing House return,
compared with the
four previous yearB:
a
statement
of England, the Bank rate of
1873.
£
Circulation—including
bank
1874.
£
1875.
£
post-bills
26.704,134 27,440,950 29,249,844
Public deposits
3,561.427
3,878,359
3,717,820
Other deposits
19,103,056 21,920,053 24,025,367
Government securities. 12,499,360 14,740,156 15,266,095
Other securities
20,545,192 19,386,171 20,308,588
Reserve of
notes and
coin
correspondent, i
8 % &3X
3\%3\
3# ©4*
6 months’ bank bills
4 and 6 months’ trade bills.
Joint-stock banks
Discoanthonsesatcall
18. 9%d.
44
....
prm.
25
Sept. 29. 90 days.
Oct.
Oct.
Oct.
Oct.
discount houses for
Annexed is
....
•
Fer cent.
The rates of interest allowed
25.17
64
Sept. 17.
LFrom
25 20
20 47
3 mos.
short.
3 mos.
Sept. 10.
Sept. 4.
....
12.12
*4
46
Oct. 22.
Oct. 26.
Oct.
6.
Oct. 17.
....
....
Pernambuco..
Batavia
Manila
27.9254(^27.80
27.92*@27.80
27.92* (©)J7.8u
46#@4b#
....
Bombay
12.7* ©12.1254
20.70 ©20.74
20.70 ©20.74
22#@22 %
47#(©47*
51 9-l6©51 11-16
Oct. 26.
.
bills
4 months’ bank
4*<©4#
4% ©4\
3 months’ bills
Amsterdam...
Open-market rates:
5
Open-market rates:
30and60d-iys’ bills
EATE.
French account..
on
8,109,529
Coin and bullion ic
both departments.... 19,435,899
Proportion
of
to liabilities
reserve
'
1876.
£
1877£
i.
29,362.482 28,654,85S
5,422,087 5,147,500
29,857,947 20,629.633
17,802,925 15.718,604
16,107,468 18,575,244
9,425,229
10,258,654
19,396,451
9,478,439
21,456,594
24,080,681
33,357.501
22,782,93*
•
^
54
36p. c.
36'27p.c-
THE
10, 1877.]
November
1873.
English wheat.av. price
23. Upland cotton....
NoM4SMtnye.t.wiet: a
1874.
7 p. C.
92 yt
60s. 2d.
Bank-rate
Consols
4 p. c.
ib. w.
1876.
4 p. C.
1877.
5 p.
94>£
2 p. C.
94
46s.
46s. 2d.
7 15-16d.
7*d.
5%d.
6tfd.
t.. o^d.
lO&d.
lOd.
lO^d.
■
92^
43s .10d.
9>£d.
ClSriM House return.137.845.000
1875.
CHRONICLE!
52s. 2d.
136,037,000 95,839,000 101,240,000 115,364,000
demand for gold for exportation has almost entirely
abated, and a few moderate parcels have been sent into the
Bank. In the Bilver market business has been far from active,
and the price of fine bars is 54|d. per ounce.
The quotations for
under
:
GOLD.
Bar Gold, fine
Bar Gold, reflnable
Spanish Doubloons
8.
per oz. standard.
per oz. standard.
per oz., nominal.
..
South American Doubloons
United States Gold Coin
German Gold Coin
per oz.
76
per oz.
R.
.per oz.,
54X
55X
53 y.
lait price.
per oz.
.
Quicksilver, £7 15s.
Discount, 3
per
d.
....
d.
...
Five Franc Pieces
8.
77' 9 © ....
77 10^© ....
74 6 ©'....
73 10 © ....
76 5 © 76 6#
per oz.
Spanish Dollars (Carolus)
d.
....
d.
©
©
IMPORTS.
C.
95K©95^
The
bullion are now as
447
1877.
Wheat
Barley
1876.
1,530,859
■
Oats
Peas
Beans
’Change the
149.098
1.606
.
Barley
Oats
Peas
Beans
4.823
1,788
‘..
2.858
Indian Corn
Flour
81,638
7,066
Annexed is
nine months
ceding
Hamburg
Berlin
Frankfort
Vienna and Trieste..
..
5^
Madrid, Cadiz and Barcelona
Lisbon and Oporto..
St. Petersburg
On the Stock
..
.
..
6
6
6
Turin, Florence
4X
Rome
4)4
4'A
Leipzig
4%
8
©
...
©
(fy
....
• • • •
!
Open
market
cent. per cent
3%
and
4
Genoa
Geneva
New York
1 Calcutta
5
5#
$
Brussels
....
5H
....
3%
41/,
5
10
.
Copenhagen..
Exchange business has been
..
....
rather
3$4
6©S
#
,
6#
more
Alkali
cwt.
value.
doz.
bbls.
Apparel and slops
Bags and tacks
cheer¬
The Russians have at
length
and Russian stocks have
gained a decisive victory in Asia,
experienced a moderate improvement in
value. News from the seat of war in
Europe is anxiously
awaited, as it is believed that another victory of like importance
would lead to negotiations for
peace.
On the various corn
exchanges business has been greatly
wanting in animation, but there has been no material variation
in prices.
Liberal supplies of foreign produce are
offering, and
buyers
operate with caution. We are having a
remarkably fine
autumn, and the accounts from the agricultural
state of
farming operations,
According
are very
districts,
satisfactory.
to the official return for the week ended Oct. 13, the
150 principal markets of
England and
Wales amounted to 55,318
quarters, against 53,721 quarters last
year, and it is estimated that in the whole
sales of wheat in the
Jute
12,087
1875.
1876.
1877.
209,524
229,206
£4,950
25,314
1,159
£7,931
21.653
1,881
•
•
•
'
£6,795
33,217
1,732
13
•
5,316,200
£48,667
£33,595
£14,938
3,073
5,463,000
£50,501
£27,287
£27,537
3,635
152
34
597
6,016
3,121
2,465
468
289
459
625
252
152
1.465
798
318,500
6,769,400
2,5 0,500
4,w 57,003
value.
£9,7fc8
£10,220
cwt.
239
411
326
604
19,607
20,632
22,460
Machinery
Paper, writing,
or
printing
Do.otber kinds,except paper hang’s.cwt.
Salt
...tons.
Silk broad-stuffs
yds.
Silk ri-ibons
value.
Silk mixed with other materials, .value.
Artie es of silk & other materials.value.
Spirits (British and frish)
gals.
Stationery, other than paper
value.
Tin, unwrought
Wool, British
Wool, colonial and foreign
Woolen cloth
Worsted stuffs
743
355,255
5,018,900
28.874
£326
•
•
8,160256
266
154
504
260
346,400
643,600
2,641,900
£13,671
6
265
537
27.170
23.633
£333
£1,514
£9,115
£3,186
13,494
£3,526
cwt.
lbs.
46,800
169 100
lbs.
1,432,739
1,267,650
yds.
yds.
172,903
5,546,6(0
yds.
4,513,000
215.200
77,503
11,039
£7,061
J,0, o
1,886,100
1,892,628
63,400
3,851,500
52,900
1,6S9,635
303
£7,190
3,059
75,100
IN NINE MONTHS.
cwt.
1,531,023
value.
1,587,032
£75,760
464,819
59,360
40,622
642,957
29,478
17,443
296,085
11,540
30
243
100
921
doz.
bbls.
cwt.
Copper, wrought
Cotton piece-goods
cwt.
Earthenware and porcelai n
20
113
yds. 69,164,800
......
Haberdashery and millinery
Hardware and cutlery
Iron, pig
Iron, bar, &c
Iron, railroad, of all sorts :
Iron, hoops,
sheets, and
plates
Iron, tinned plates
Iron, cast or wrought
Iron, old, for re manufacture
Steel, unwrought
Lead, pig, &c
Jute yarn
Linen piece-goods
Jute manufactures, except
£1,319
£2,252
£3,617
14,638
£7,716 *
5,043,500
£54,058
£23,946
£29,985
1,151
34
...yds.
manufactures, except bags
yds.
value.
45,572,603
£452,533
52,COS,500
425,806
value.
454.353
£458.402
value.
£445,093
242,911
277,347
219,098
tons.
tons.
39,786
2,498
17,b75
29,777
1,797
29,179
4,&32
2,514
tons.
boiler
tons.
tons.
tons.
6.320
6,113
tons.
7,974
tone.
148
lbs.
2,355,090
80,113,200
23,971,200
£127,643
2,873
5,372
152,018
310,479
£13,410
yds.
value.
Machinery.
Paper, writing or printing.
cwt.
Do.other kinds,except paper hang’s.cwt.
.
Silt
tons.
Silk broad-stuffs
yds.
Silk ribbons
value.
Other articl s of silk only
value.
Articles of silk and other material.value.
gals.
...value.
....
9,620
75,143
tons.
hags... yds.
Kingdom they were
221,300 quarters, against 2i5,000 quarters in 1876. Since
harvest, Spirits (British)
or since
the first week
in September, the deliveries have Stationery, other than paper.
Tin, unwrought
amounted, in the 150 principal markets, to 342,413
quarters, Wool, British
against 402,743 quarters, while in the whole
Wool, colonial and foreign
Kingdom it is com¬ Woolen cloth
puted that they have been 1,369,700
quarters, against 1,611,000 Worsted stuffs
Carpets
quarters in the
corresponding period of 1876. Without reck¬
oning the supplies furnished, ex-granary, it is estimated that
the
29
28,730
206,681
tons.
lbs.
ful, but there has still been a great want of activity apparent.
Carpets
The easy condition of the
money market has had a good effect,
but political uncertainties
prevent business assuming any con¬ Alkali
siderable proportions.
The American market has been rather Apparel and slops
Bags
lees buoyant during the week, aDd at the close rather a dull
tone Beer and ale
Copper, unwrought
prevails.
respecting the
2.260
7,027
2,566
IN SEPTEMBER.
Jute yarn
Linen piece goods
2
3
;
1,283
9,110
3,451
...
cities abroad:
Paris
Amsterdam
62,402
years:
Lead, pig, rolled, &c
market.
55,089
4,279
25,525
1,210
return showing the extent of our
exports to the
during the month of September and during the
ended September 30,
compared with the two pre¬
.
$ cent, percent.
.
United States
Beer and ale
Bank
rate.
3,544.433
775,571
a
....
cent.
Open
86,012
356,932
2,876 092
608,689
EXPORTS.
Wheat
more
Bank
rate,
6,356,480
2,540,436
1,285.936
68,455
534,539
718,406
6,643.774
720,0J6
Flonr
1874.
10,114,512
1,018,018
1,498,696
122.508
Indian Corn
wrought, &c
cwt.
important movements have been in the Copper,
Colton piece-goods
......yds.
rate for bills on St. Petersburg.
On Tuesday the quotation was Earthenware and porcelain
value.
and millinery...
value.
only 21f., but since the news has reached us that the Russian Haberdashery
Hardware and cutlery
value.
Iron,
pig, &c
army has gained a very decided victory in Asia, a rebound equiv¬
tons.
Iron, bar, &c.
tons.
alent to about 7 per cent has taken place.
The other leading Iron, railroad, of all sorts.
tons.
Iron, tinned plates
tons.
exchanges were rather favorable to us in the early part of the Iron,
hoops, sheets,
and
boiler¬
plates
week, but since the rates of discount have been declining in the
tons.
Iron, cast or wrought
tons.
open market here the favorable tendency has been checked.
Iron, old, for re-manufacture
tons.
Steel, unwrought
The following are the current rates of discount at the
tons.
leading
On
1875.
5,052,113
1,647,674
1,427,036
cwt.
£52.010
£26,191
53,193
194
6,402
243,900
67,:-35
4,288
78,370
3,267
4,70)
2,549
5,787
1,259
2,268,654
58.786.fc03
35,193,200
167,825
2,411
2,409
147,140
208 271
4,420
46,905
35,062
46.113
1,627
4,555
2,803
2,243,240
63,561,600
28,258,430
121,165
1,710
3,319
175,323
247,444
3,292
37,865
22.204
48,354.
£54,028
50,441
51,577
11,692
11,393
25,0-16
3,448,081
9,244,909
lbs.
435,700
lbs. 8,316,362
yds. 2,449,300
yds. 42,991,800
yds. 1,833,600
456 6e6
6,022,914
1,359,800
34,245,400
815,500
1,149,400
26,782,500
421,600*
London, Saturday, Oct. 27.
published this week is, in a certain sense,,
favorable, the total reserve haviDg been augmented by £524,066,
1877.
1876.
1875.
1874.
cwt.
cwt.
raising its proportion to the liabilities from 36*27 per cent to
cwt.
cwt.
Imports of wheat
7,297,233
5,052,113 10,114,512 6,356,480 38*36 per cent, or to the extent of about 2
toports of floor
per cent; but, as
838,932
720,006
775,571
608.689
owes of
home-grown produce
5,935,200
6,931,003
5,751,000
8,169,000 the Bunk rate was advanced to 5 per cent for the purpose of
-Total
:... 14,066,395
12,753.129 16,641,083 15,134,169 replenishing our depleted supplies of gold, the fact that there is“Ports of wheat and
flour....
293,52)
156,104
57,655
54,489 a small decrease of nearly £90,000 in the Bank of England stock,
ResnH
13.7>5.875 12,597,025 16,583,423 15,079,680 is an unsatisfactory feature. The position of affairs is still more
aver, price of
Eng. wheat for season 53s. Od.
46s. 7d.
47s. 4d.
46s. 5d.
anomalous than it was last week, for the open market rates of
The
following figures show the imports and exports of cereal discount have continued to retreat from the official
minimumr
produce into and from the United
Kingdom during the first seven there being a difference of 1^ per cent in the
quotation for short
weeks of the new
season, compared with the corresponding periods and three months’
bills, and of
in the three
per cent for six months’ hills..
previous years :
Although, therefore, a 5 per cent Bank rate is in operation, th»r
following quantities of wheat and flour have been
the British markets since
harvest:
•
placed
upon
The
Bank
return
448
THE CHRONICLE
[Vou XXT.
of the London money market is diminishing, the week ; but there has been a continued inquiry for
sovereigns
and, consequently, there is less probability of gold being for Egypt and Portugal. The silver market was firm in the
attracted, or even retained, here. Latterly, a few parcels early part of the week, and the price of fine bars advanced to
of bar gold have been seat into the Bank, and some con- 55fd. per ounce ; but the market is now somewhat
weaker. The
fciderable supplies of Australian produce are due next week. current prices of bullion are subjoined :
It is quite probable, however, that Germany will
gold.
make
s. d.
* 4.
!
another purchase, as it is well known that the German Bar Gold, fine
per oz. standard. 77 9 @
Bar Gold, refinable
per oz. .standard. 77 10*@
Government has a large balance here, and requires more gold for fpanish Doubloons
per oz., nominal. 74 6 @ ””
South American Doubloons
peroz. 73 10 @
its work of coinage. The Government may not, however, think United States
Gold Coin
.'
peroz. 76 5 (a 76’fiu
it j udicious to purchase in excess of the supplies offering in the German gold coin
..peroz. 76 3*®.....
silver.
d.
open market, and, consequently, should that prove to be the
d.
Bar Silver, fine
.per oz. 55
<a
case, the position here will not have been materially altered. Bar
Silver, con’ng 5 grs. Gold.
attractive power
-
..
There is still
reason
to believe that an
order is in the market for
the
purchase of gold for transmission to New York, but it would
appear that the operation cannot be completed with profit. Con¬
siderable anxiety is felt here as to the probable effect of the
resumption of specie payments on the 1st of January. 1879, in
the United States, as far as the gold market is concerned. The
more general impression is that not much will be sent from this
side, but that we shall not be in the receipt of our usual supplies
from American sources. This would obviously make a material
difference ; but if France releases her supply of gold, some of the
difficulties which now exist would be easily met. France may,
for political reasons, continue in her present course, as the Bank
rate is at par, and no inconveniences are felt. It is not, of course,
desirable that a civilized country should rest under the reproach
that her currency is paper; but with France, the case is some¬
what different, as the power to return to specie payments is
apparent, and is only delayed for reasons best known to
the
French Government.
per oz., nearest.
per cz., not settled.
per oz
peroz.
D scount, 3 per cent.
Mexican Dollars
Spanish Dollars (Carolus)
Five Franc Pieces...
Quicksilver, £7 15s.
The
following
cities abroad
are
the current rates of discount
55*
@
@
....
at the
leading
:
Paris
Amsterdam
Hamburg
Berlin
Frankfort
Vienna and Trieste...
Madrid,Cadiz and Bar¬
celona
Lisbon and Oporto....
St. Petersburg
Bauk
Open
rate.
mark’t.
p. c.
2
3
p.c.
2
5*
6*
554
4*
4*
6
6
8
5
I
|1
11
rate.
p. c.
■
Brussels
3
I
Turin,
Florence and
Rome
4
1
5*
5
Geneva
New York
Open
mark’t
p. c.
sy, \3*
5
j Leipzig
Genoa
4
6
Bank
,
8*
| Calcutta
9
j Copenhagen
6/,
4
4
4*
3*
6ft7
654
The abundance of money has caused the sto:k markets to rule
as far as home securities are concerned.
There
firm, especially
is
be
indisposition sho wn to operate largely in foreign stocks,
only are the political uncertainties great, but we seem also
an
not
the
as
to
of
important events. The Russian generals are
evidently making a judicious use of the vast array of force under
their control, and perhaps the surrender of Plevna would not
occasion surprise.
The probability is that the Turkish Govern
The
on
eve
joint-stock banks and discount houses, finding it impos¬
employ the large sums of money offered to them, reduced
on Monday the rates of interest
they give for deposits to the
extent of £ per cent.
It is stated that the directors of the banks ment
is now driven hard to reinforce its various armies, and as
and discount houses will, in future, offer such rates of interest as
the Russian generals have still greater armies under their con¬
the state of the open market for money will allow, and that the
trol, it is possible that we have now reached the beginning of the
quotation they may decide upon will be irrespective of the Bank
end.
Russia, however, mu3t be immediately successful, as the
rate.
It was pointed out last week that the discount houses
winter will present serious impediments to striking and
following
could not possibly give 4 per cent for
deposits, and discount bills at
a
successful
blow.
up
It
has
always
been
the
opinion
that Tur¬
the same price. They are now offering 3£ and 3£
per cent, but
key must succumb, if Russia is determined to persevere, and/
the rates of discount have declined in equal
proportion, and, viewed in this
light, a Turkish' defeat might be attended with
consequently, no improvement in the position has taken place.
A feature in this week’s Bank return is the increase of £1,172,- pacific results. Turkey has thus far made a gallant defense, but
she can scarcely carry on a protracted struggle with so formid¬
158 in “other deposits,” or current accounts. This is, no doubt,
able a power as that of Russia.
The event3 of the next few days
caused by the large influx of mouey from the
provinces, to obtain will enable
Europe
to
distinguish
the future more clearly, and
the rates of interest which the joint-stock banks and discount
whether there is to be peace or another campaign in the spring.
houses are offering.
The supply coming forward will now
The American stock markets have, on the whole, been firm, with
diminish, as the banks and discount houses, owing to the scarcity
a favorable tendency, and consols have been
rising in price.
of bills in the discount market, are compelled to
refuse further
The closing prices of consols and the principal American secu¬
deposits.
rities at to day’s market, compared with those of Saturday last,
The den:and for money during the week has been
exceedingly are
subjoined :
moderate.
Very little money is required for financial purposes,
Redm.
Oct 27.
Oct. 20.
Consols
and the requirements of trade are small. The
96*©96*
96 © 96*
present quotations United States
-.
1S8! 110 ©111
109*@J10*
for money are as follows :
Do
5-20
1885
105 ©106
105 ©106
sible to
Per cent.
Bank rate
Open market rates
Open market rates:
33 and 6j days’
3
hill*
months’ bills
3 mnnrhR’
bills
Per cent.
4 months’ bank bills
6 months’ bank bills
4 and 6 months’ trade bills.
S*@
3*^r5^>
3*@...
3*@3*
3*@3*
3*@4*
The rates of interest allowed
count
houses for
deposi’s
are
by the joint-stock banks and dis¬
subjoined:
p
.
Joint-stoca banks
Discount houses at call
Discount houses with 7 days’ notice
Discount houses with 14 days’ notice....
Annexed Is
a
statement
.3*
3*
3*
a*
showing the present position of the
Bank of
England, the Bank rate of discount, the price of Consols,
English wheat, the price of Middling
Upland cotton, of No. 40’s Mule twist, fair second quality, and
the Bankers’ Clearing House return, compared with the four
previous years:
the average quotation for
1S73.
1874.
1875.
1876.
1877.
£
£
£
Circulation—including
£
£
bank post bi Is
96.444,065 27,126,620 28,663,364 28,899,386 28,025,244
Public
deposits
4,248,096
Other deposits
18,282.175
Government securities. 11,939.360
Other securities
20,295,712
Reserve of
Coin & bullion in both
departments
Proportion of
...
....
19,152,212
liabilities
Consols
English wheat,av.price
Mia. Upland cotton...
No. 40’s male twist,fair
21,846,180
13,191,095
19,692,623
5,543,414
29,488,102
17,202,925
16,162,037
15,143,004
18.581,766
9,596,616
10,641,171
19,653,789
10,002,505
21,341,381
23,907,001
33,194,869
22,693,630
5553
....
7p. c.
4 p. c.
t2 *
92*
4 p. c.
94*
63s. Id.
44s. Id.
8*d.
7*d.
46s. 8d.
7 l-15d.
0*d.
83,428,0(0
10*d.
82,012,030
quality
Is. l^d.
Clearing House return. 93,367,000
A few parcels of bar gold
3,566,303
reserve
Bank-rate........
2d
8,455,447
notes and
coin
to
3,615,366
21,091,174
14.011,832
19,114,406
Is.
2 p. c.
3,938,276
21,801,793
3836
5 p. c.
95*
96*
5 15-16d.
52s. 9d.
6 9-l6d.
45s. 9d.
lOd.
80,313,000
10*d.
84.47S.OOO
have been sent into the Bank during
U. 8. 1867,6s
Do funded, 5s
Do 10-40, 5s
Do funded, 4*s, issued at 103*
Louisiana Levee, 8s
Do
6s
Massachusetts 5s
Do
Do
Do
Do
Do
5s
5s
5s
5s
5s
1887
1881
1904
'.
107*@108*
104*@105*
1875
1888
1894
„.1900
1889
1891
1895
Virginia stock 5s..
Do
Do
107*@108*
106 ©HU*
42
42
103
105
105
105
105
105
80
6s*
33
New funded 6s
1905
60
© 52
© 52
@105
@107
@107
@107
@107
@107
@ 35
@ 85
@ 62
107tf©108
105*@106*
!07 ©108
104»4@105
42 © 52
42 © 52
103 ©105
105 ©107
105 @107
105 ©107
105 ©107
105 ©107
30 © 35
33 © 35
60 © 62
AMERICAN DOLLAR BONDS AND SHARKS.
Albany & Sasquehanua cons. mort. 7s. Nos.501
to 1,500, inclusive, guar, by Del.&Hud.Canal. 1906
Atlantic & Great Western 1st M., $1,000, 7s...1902
Do
2d mort., $1.000,.7S..1902
Do
3d mort. $1,000
1902
Do
Do
Do
1st mort. Trustees’certificates
2d
do
do
3d
do
do
....
...
Atlantic Mississippi & Ohio, Con. mort, 7s... .1905
do
Committee of Bondholders’ ctfs
Baltimore & Potomac (Main Line) 1st mort, 6s. 1911
do
(Tunnel) 1st mortgage, 6s,
(guar, by Pennsylvania & No. CentRail way). 1911
Burl. Cedar Rapids & No. RR. of Iowa, 1st mort..
Central of New Jersey shares
Central of New Jersey, cons, mort., 7s
1899
Central Pacific of California, 1st mort. 6s
1896
DoCalifor.&Oregon Div.lstmort.gld.bds,6s. 1892
Do Land errant bonds
1890
Del. & Hud. Can. 7s
Detroit & Milwaukee 1st mortgage, 7s
1875
Do
2d mortgage, 8s
..1875
Erie $100 shares
Do reconstruction trustees’aesessm’t, $5 paid..
Do
do
$4 paid...
Do
do
$3 paid...
Do
do
$2 paid...
94 @ 96
21 @ 26
11 @13
5 @ 6
24 @ 26
11 @13
5 @ 6
20 @ 25
20 @ 25
83 @ 85
86 @ 88
56
17
@60
67
@ 69
@18
105*© 106*
93 @ 95
90 @ 92
95 @ 97
30 @ 40
30 @ 40
12*@ 13*
16 @18
' 15 @16
23 @25
23 @ 25
94 © 96
21 © 26
11 ©13
5*©
24 © 28
11 @13
5*@ 6*
20 © 25
20 © 25
83 © 85
86 © S8
© b3
59
17
66
©IS
@ 68
105*@106*
93 @95
90 @22
95 © 97
30 © 40
30 @ 40
13*@ 4
16 @13
15 @16
24 @26
24 @26
THE CHRONICLE
10.1W7.1
Jtawoo
Redm.
Oct. *7.
D!,*cOT«Jab“’^id
i»oi
reconstruction trustee*’ certificate*. 7s........
adrwton * Harrisburg, l*t
Illinois Central, $100 shares
mortgage, 6*
«
© <4
W
16
© 82
© 77
1993
1891
94
© 96
i
rlhSh Vhllef, consolidated mortgage, 6*
KSiltta * Cincinnati Railway, 7s
Missouri Kansas A Texas, 1st mort., guar, gold
bonds, English, 7*
1904
Mew York Central A Hudson Rixer mortg. bonds.7
Central $100 shares
Oreflon * California, 1st mort, 7s
do
Frankfort Commit’e Receipts,
1890
x coup,
l»t mort., 6s
Do.
Do.
J880
consol, sinx’g fund mort. 6s
1905
Philadelphia * Reading $50 shares
Pittsburg Fort Wayne A Chicago equipment
bonds (guar, by Pennsylvania R. R. Co.), 8s
Union Pacific Land Grant 1st mort., 7s
1889
Union Pacific Railway, 1st mortgage, 6’s
1898
15*© 16*
103
....
25
44
©
©
78 ©
94 ©
©
57 ©59
117 ©115
107 ©104
31 © 83
99 © 31
29)4© 30*
104 ©106
»2 ©93
New York
Pennsylvania, $50 shares
Oct 10.
83
42
42
80
|«
42
1911
57
Imports of wheat
Imports of floor
44
82
79
96
Sales of
117
© 59
©:is
io:
87
87
S109
Do
Do.
6s
6s
*
1902
1910
1902
1909
Burl. C. R. & Minn., 7s
Cairo & Vincennes, 7s
Chicago & Alton sterling consol, mort., ds.
1903
Chicago & Paducah 1st mort. gold bonds, 7s...1902
Cleveland. Columbus, Cin. & Ind. con. mort...1913
Eastern Railway of Massachusetts, 6s
1906
Erie convertible bonds, 6s
1875
Do. 1st cons, mort., 7s,...
1920
...
105
105
107
©109
...©
20 © 30
107 ©109
©
91 © 93
©
60 ©82
80 © 82
....
—
coupons
77
43
Do. 2d consol, mort, 7s
1894
Do. reconstruction trustees’ certificates, 7s
Gilman Clinton & Springfield 1st M.. gold, 7s...1900
Do.
5s
Lehigh Valley consol, mort., 6s, “A”
Louisville & Nashville, 6s
19ii2
© 79
@ 45
43 © 45
65 ©65
93 © S5
1900
1903
18*5
1905
....
....
Do. with reconstruction trustees’ certificates of 6
Illinois & St. Louis Bridge 1st mort., 7s
Do.
do.
2d mort., 7s
Illinois Central, sinking fund, 5s—
Do.
6s
©107
©107
53
93
105
94
99
92
105
101
© 56
©95
©108
© 96
@101
@94
Memphis & Ohio 1st mort. 7s
1901
@107
Milwaukee & St. Paul, 1st mort 7s
1902
©103
New York & Canada R’way, guar, by the Dela¬
ware & Hudson Canal, 6s
1304
92 @94
N. Y. Central & Hudson River mort. bds., 6s.. 1903 110
@112
Northern Central Railway consol, mort., 6s
1904
84 @ S6
Panama general mortgage, 7s—
T
1897 103 @105
&
—
—
Paris
Decatur
1892
mort. 6s
1910
Do.
consol, sink’g fund mort. 6s
1905
Perkiomen con. mort. (June ’73) guar, by Phil.
& Reading, 6s
1913
Phil. & Erie 1st mort. (guar, by Penn.RR.) 6s.. 1881
Do.
with option to be paid in Phil., 6s
Phil. & Erie gen. mort.(guar. by Penn. RR.)6s.l920
Phil. & Reading general consol, mort. 6s
1911
Do.
imp. mort., 6s
.....1897
Pennsylvania general
...
Do.
gen. mort.,
do.
Do.
Do.
1874, 6’s
x
all
Scrip for the 6 deferred *
cmp
Pittsburgh & Connellsville Con. Mort. Scrip,
guar, by Baltimore & Ohio RR. Co.. 6s
South & North Alabama bonds, 6s
•
St. Louis Tunnel 1st mort. (guar,
by
the Illinois
& St. Louis Bridge Co.) 9a.
1888
Union Pacific Railway, Omaha
Bridge, 8s
United New Jersey Railway and Canal, 6s
Do.
do.
do.
do.
6s
1896
1894
1901
2G
104
@30
@106
92*@ 93*
62
99
99
85
101
85
67
58
@ 64
@101
@101
@ 87
@103
@87
@69
@59
77 @ 79
9)
90
...
98
106
103
@101
@92
@....
@U0
@108
@198
are
cheaper.
6,726,000
», 158,000
14,472,562
179,291
16,809,618
•t,S75
17«
14,293.291
18,746,738
17.192.40$
46*. Id.
and floor
57f.
46s. 7<L
786,286
47*. 3d.
The deliveries of English barley in the 150
principal markets
since harvest have amounted to
215,623 quarters, against 159,255
,
The
following figures show the imports aQd exports of cereal
produce into and from the United Kingdom
during the first
....
weeks of the
new
compared with the corresponding
season,
periods in the three previous
years:
....
16
28
28
1U5
106
107
IMPORTS.
© 19
© 32
© 32
Wheat
Barley
©108
©108
©109
....(©
20 © 30
107 ©109
....
....
.
SI
81
78
43
43
55
93
53
93
106
94
99
92
104
98
92
110
84
103
20
104
93
Oats
Peas
Beans
Indian Corn
..
© 83
© S3
© 80 ’
© 45
© 45
Flour
1876.
1875.
8,415,685
1,751,382
2,078,528
174,087
707,928
4,553,682
952,407
1874.
5,761,745
11,210,551
1,254,537
1,644,333
83,132
576,787
3,956,162
873, 62
7,334,745
2,977,29T
1,111,634
Wheat
2.038.449
1,773.633
157,750
869.878
7,722,593
893,237
322.560
Barley
The
97.306
395,024
2,535,524
788,235
60,167
4,517
36,881
1,479
11,082
2,341
3,219
105,505
8,896
23,401
5,232
supply
Kingdom
170,395
2,125
18,829
20,953
2,734
2,2-5
Oats
Peas
Beans
Indian Com
Flour
© 65
© 95
© 56
© 95
©108
@ 96
@101
•••••••
1877.
EXPORTS.
....^
© 93
..©
91
71,871
1.715
16,314
4,077
2,279
114
7,447
29,981
14,705
2,708
of wheat estimated to be afloat to the United
now amounts to
quarters last year.
519,000 quarters.
1,362,700 quarters, against 1,387,50(1
Of Indian corn it is 330,900 quarters, against
@ 94
@106
@100
@ 94
@112
@ 86
@105
@ 30
@106
© 94
Baalish market Reports—Per Cable.
The daily
.
closing quotations in the markets of London and Liver¬
pool for the past week have been reported by cable, as shown in
the following summary:
London
of
Money and Stock Market.—The bullion in
England has decreased £513,000 during the week.
the Bank
62
99
99
86
100
86
67
58
77
@ 79
Liverpool Cotton Mtrkit.—See special report of cotton.
99
90
@101
@ 92
Liverpool Breadstufis Market.—
@ 64
©101
©101
© 83
@10 2
@ 83
@ b9
@ 59
....@
98 @100
108 @110
103 @110
....
A large business has been recently
transacted in Indian corn to arrive.
to some extent been
upheld
7,817,609
Average prick of English wheat.
©
....(@
36 © 40
...
1878.”
not
t,834,746
seven
The wheat trade has continued to rule
extremely quiet. Large
supplies of wheat are near at hand, and millers endeavor to
pur¬
chase, therefore, at lower prices. Red American and Calcutta
wheats are obtainable on rather lower terms
; but as a rule fine
wheats
673,062
Result
99
The strike amongst the operatives
at Bolton has terminated.
At a meeting held this week the
following resolution was agreed
to: “ That this
meeting agrees to accept the redaction of five per
cent, on condition that they (the employers) give a guarantee
that our list of prices, now in
operation in Bolton, be revised, and
an
of
of
exchange
basis
re-adjustment to take place on or before
February 1,
11,910,551
89A237
© 94
© 94
30
5,761,745
92
©106
© 35
© 35
cwt.
103
104
30
1874.
cwt.
©102
©104
©105
100
102
—
1875.
cwt.
quarters last year, the average price realized
being 41s. flkU
against 37s. lid. The sales of home-grown oats have amounted
to 28,305
quarters, at an average price of 25s. 8d., against 32,913
quarters, at 26s. Id. per imperial quarter.
©102
©!G4
....©....
©
38 © 40
16 © 19
1676.
Total
© 89
29*© 30*
104 ©106
91 © 93
16 © 17
102
92
1677.
cwt.
home-grown produce...
Exports of wheat
...
▲MKRICAN STERLING BONDS.
Allegheny Valiev, guar, by Penn. R’y Co
1910
Atlantic A Gt. Western consol, mort, Bischoff.
certs, (a), 7s
1892
Atlantic A Gt. W. Re-orgaulzation 7s
1874
Atlantic A Gt.W., leased lines rental trust, 7s. 1902
do.
do.
Do
1873,7s. 1903
Do.
Western exten., 6s
do.
...1876
Do.
do.
do. 7s, guar, by Erie R’y.
Baltimore & Ohio, 68
1895
449
The value of fine wheats has
by the demand which has prevailed
for seed. The weather has
become unsettled, and a good deal of
rain bas fallen
during the week.
During the
week ended October 20, the sales of
home-grown
wheat in the 150
principal markets of Eat laud and Wales
amounted to
51,994 quarters, against 55,318 quarters in the pre¬
vious week, and 48,270
quarters in the corresponding week of
last year. In the whole
kingdom it is estimated that the sales
were 208,000
quarters, against 193,100 quarters in 1876. Since
harvest, that is to say since the commencement of
September,
the sales in the 150
markets were 394,407 quarters, against
451,103 quarters, while in the whole
kingdom it is computed that
they have been 1,577,750 quarters, against 1,804,100
quarters last
Sat.
Consols for money.. 96 9-16
44
account.. 96 U -16
U.S.6s (5-20s) 1867.... 103*
0. S. 10-408
108*
5s of 1881
106*
New 4*s
105*
Mon.
Tues.
96 11-16 96 11-16
Wed.
Thar.
96 9-16 96 11-16
96 11-16 96 11-16
96 13-16 96 11-16
108*
! 108*
108*
1C6*
105*
106*
105*
sat.
d.
#bbl 26 6
Mon.
s.
Flour (extra State)
Wheat (R. W. spring).$ ctl 10 3
“
(Red winter)
“ 10 6
44
(Av. Cal. white).. 44 12 8
“
(C. White club)... “ 12 10
Corn(n.W. mix.) W quarter 29 0
Peas (Canadian) V quarter 38 0
103*
108*
106*
105*
l IS*
Tues.
d
s.
26 6
10 3
10 6
12 3
12 10
2) 0
38 0
108*
106*
108*
103*
106*
105
105
108*
Wed.
d.
d.
8.
Frl.
96 9-16
96 9-16
Thur.
d.
Fri.
s.
s.
26 6
10 3
10 6
12 7
12 10
21 0
37 6
26 6
10 3
10 6
12 7
12 10
29 0
37 6
26 6
10 3
10 6
12 7
12 10
29 0
37 6
d.
26 6
10 3
10 8
12 7
12 10
29 0
37 0
Tues.
s. d.
Wed.
s. d.
Thur.
Frl.
s.
d.
95
60
40
44
63
95
60
41
44
63
d.
95 0
60 0
4l
0
44 6
63 0
95
60
41
44
63
0
0
0
6
0
s.
Liverpool Provisions Market.—
Sat.
d.
8.
Beef
Pork
(prime
mess-new $ tc.
(W’t. mess) new|Jbbl
Bacon (l’g cl. m.)newp cwt
Lard (American).... “
Cheese (Am. fine).... 41
95
0
d.
95
60
40
44
63
60 0
40 6
44 9
63
Mon.
s.
0
0
0
6
9
0
0
0
6
9
0
0
0
0
6
0
s.
Liverpool Produce Market.Sat.
s. d.
Rosin (common)... 49 cwt.. 5 6
“
(fine)
44
10 0
Petrol eum(reflned)....V gal
19
44
41
(spirits)
5 6
10 0
40
i%
•
44
2t
6
Tues.
d.
5 6
10 0
24
6
.
•
s.
6
0
5
10
11*
7*
40
•
•
6
Wed.
d.
s.
H.V
7*
7*
rallow(priineCity)..99 cwt. 40 6
Cloverseed (Am. red)..
Spirits turpentine
Mon.
d.
8.
6
•
24
•
5
10
im
7*
40
•
6
Tnur.
s.
•
6
•
•
24
6
0
5
10
6
0
11*
**
•
6
s.
11*
40
•
Fri.
d.
d.
24
6
•
-
7)4
40
b
24
6
•
6
London Produce and Oil Markets.—
sat.
£ s. d.
Lins’dc’ke(obi).*tr. 9 15 0
Linseed (Cal.) $ quar.
55 0
Sugar (No. 12 D’ch std)
on spot,
cwt
27 b
Sperm oil
49 tun..78 0 0
Wbale oil
4‘ .35 0
Linseed oil....V ton .30 10
0
0
Mon.
£. s. d.
9 15
55
27
73 0
35 0
to 10
0
Tues
£ s. d.
•
Wed,
£ 8. d.
i
9 15
55
0
9 15
55
0
0
6
27
0 78 0
0 35 0
0 29 15
6
0
0
0
27
78 0
35 0
29 to
3
0
0
0
0
0
Thai
£ 8. d.
£
Fri.
8. d.
9 15
55
0
9 15
0
0
53
0
27
0
85 0
29 5
3
0
0
0
27
0
35 0
29 5
$
0
0
0
78
78
dUommercial ani> JHiecclIaiwoue Nruie.
year.
Without reckoning the supplies furnished ex
granary, it
estimated that the
following quantities of wheat and flour
have been placed
upon the British markets since harvest:
is
.
Imports
Exports for the Week.—The imports last
decrease in dry goods and an increase in general
The total imports were $5,632,816, against
and
week showed
merchandise.
a
5
450
THE CHRONICLE!
14,873/773 the preceding week and f5,243,393 two weeks pre.
vious. The exports for the week ended Nov. 6 amounted to
$6,089,004, against f7,808,369 last week and $6,623,045 the pre¬
vious week. The exports of cotton for the week ending Nov. 7
were 8,413 bales, against 9,606 bales the week before.
The fol¬
lowing are the imports at New York for week ending (for dry
goods) Nov. 1 and for the week ending (for general mer¬
The transactions for the week at the
as
1876.
1877
General merchandise...
$1,365,390
6,405,633
$1,022,608
$1,876,570
2,287,910
5,673,510
$854 391
4,778 425
Total for the week.
$7,771,028
$3,310,520
282,848.511
$7,550,030
237,807,236
$5,632,816
270,935,700
$286,159,061
$245,357,316
$276,558,516
Dry goods
Previously reported.... 332,185,779
Since Jan. 1
$339,956 807
report of the dry goods trade will be found the imports
dry goods for one week later.
The following is a statement of the exports
(exclusive of specie)
from the port of New York to foreign ports for the week
ending
Nov. 6:
EXPORTS FROM NEW YORK FOR THE WEEK.
1874.
1875.
$5,236,120
240.395.47S
$5,893,917
205,168,412
$6,931,516
213.734,448
$6,089,004
236,307,777
$245,631,598
$212,062,359
$225,635,964
$242,396,781
For the week
Previously reported
Since Jan. 1
1873.
1877.
The
following will show the exports of specie from the port of
for the week ending Nov. 3, 1877, and also a com¬
parison of the total since Jan. 1 with the corresponding totals
for several previous years :
New York
Nov. 1—Str. Suevia
Nov. 2—Str. Tybee
London
Amer. silver bars.
$135,000
Nov. 2—Str. America
Cape Hayti
St. Domingo
London
Am. sil.c’u (frac.)
Am. n’kel coin [5.)
10,000
5,175
Amer. silver bars.
Mex. silver bars..
65.(00
Nov. 3—Str. City of Montreal ...Liverpool
Amer. silver bars.
Total for the week
$261,657
24.513,615
Previously reported
Total since Jan. 1. 1877
8ame time In—
1876
1875
1874
$24,715,272
1
Same time in—
1
1870
1 1868.
41,851.210 | 1867
1 1866
1873
1872
1871.
56.623,620
1
The
14,832
31,600
imports of specie at this port during the
same
periods have
Nassau
U. S. silver.
Aepinwall
U. S. silver.
$1,181
Nov. 1—Str. Atlas
Kingston
Nov.
Belize
Silver bars.
U. S. gold ...
Gold dust....
...U. S. silver...
U. S. gold ...
U. S. silver...
U. S. gold..
been
as
follows
:
Oct. 31—Str. Carondelet
Oct. 31—Str. Crescent City
2—Brig Tula
Nov. 2—Str. Saratoga
Nov. 3-Bark Scud
Havana
..Puerto
.
3,593
550
609
295
321
3,733
.
210
Foreign gold.
Cabelio ..U. S. gold...
23,000
2,000
Total for the week
$39,964
Previously reported
12,572,691
Total since Jan. 1,1S77
Same time
1876
1875
1874
1873
1872
4,i81
$8,587,026
11,474.333
5,437,864
15,102,494
Same time in—
1870
...
9,095,198
$3,37S,673~Q6
105,746,341 60
101,630,715 85
was set aside.—N. Y. World.
Kansas Pacific.—In the September report of the Auditor of
the Kansas Pacific Railway, there is furnished a statement of the
earnings and expenses of this road from Nov. 21, 1876 to Sept. 30>
1877,
as
follows:
EARNINGS.
Kansas Pacific Railway.—>
First
Sf cond
Third Fourth
Mortg.
Div.
Freight.
Ordinary
From the
have the
Total held fur circulation
Bonds held
..
security for depo its
Legal Tender Notes —
Deposited in Treasury under act of June 20,
as
1874
Total
now on
banks
deposit, including liquidating
$5,682,950
$2,504,700
337,761,600
5,75^,900
337,684 659
18,867,000
18,655,000
2,186,900
338,102,450
15,208,009
1,189,940
576,000
14,425,026
14,244,826
14,436,552
U 118,056
1.061,232
24,023,8o6
357,976,104
25,085,063
356,914,932
1,397,570
1,444,141
1.326,540
595,599
Retired under act of January 14, 1875
670,112
Total retired under that act to date
22,905,780
Total amount of greenbacks outstanding.. 359,094,220
National Bank Circulation.—
New circulation issued
837,640
Circulation retired.
1,123,834
Total circulation outstanding—Currency... 315,236,838
Gold
1,429,120
Notes received for redemption from—
*
315,260,928
1,425,770
Philadelphia
Cincinnati
Chicago
90,000
315,000
695,000
101,000
268,0,0
4,541,000
3,452,000
16
,000
4,622,000
Miacellanieoua....
Total...
Sundry
97,803,995
9,8U,L56
Currency
Currency held for
106,901,936
11,828,537
119,152,043
14,206,417
re¬
demption of frac¬
tional currency...
Com certificates outstanding
.
8,160,858
37,897,300
8,265,112
38,525,400
8,835,468
603,253
442,692
46,769
24,110
3,006
2,301
.273,887
275,754
213,299
4,665
1,631
3.565
4,2G9
1,233
comp'si
.
,
36,915
Div.
Total.
$
1,736,674
29,272
87,174
$
11,412
850
1,491
1,853,121
13,753
8,353
2,323
566,727
1.3)0
713
361
109,613
1,574
2,205
110,173
30,066
11,278
5,603
~809,909
56
5
46
12,966
3,062
1,118
46
17,147
667
33,395
641
197
249
6,939
4,416
-
ISO
5,683
....
56
....
5
.990,364 883,423 661,675 76,912 48,198 19,404 2,680,178Summary—
Ord’y basin’s & mis..875,361
.895,361 603.290 600,769 C9,9SS 46,607 14,144 2,430,16263,637
16,495
51,177
9,627
4,713
2,209
1,574
17
3,768
1,491
162,641
87,174
863,423
t61,875
76,912
48,193
19,404
2,680,178-
Conducting transp.. .143,922
143,922
Motive power
103,072
Maintenance of ears.. 33,674
124,741
171,936
39,521
97,5.5
158,498
24,155
9,018
9,499
15,041 ** 7,326
12,009
619
509
342
Maintenance of way..193,133
.193,133
General expeme.,... 31,712
164 910
30,222
408,852
467,935
104,869
122,703
7,025
4,190
31,412
31,004
14,682
2,631
2,611
2.733
508,515
532,652
439,949
57,131
26,491
28,774
1,593,513
.481,848
350,771
221.925
6247
19,7?1
21,707 d.9,370
l,Oc6,664
148*29
59-46
Govern’mt business.. 37,669
Company business... 57,332
Total
Working
990,304
expenses—
,
—
P.ct. expen. to ern’gs.
.
Treasury—Coin
Div.
....
139,488
9,690
26,047
36.073
.
sources
$17,905,000 $19,000,000 $15,441,000
Treasury Movements.—
Balance in
48,000
Div.
Miscellaneous-
,
3,855.000
7,067,000
Div.
188,129
13,714
36,506
37,403
.
U. S. mails..
1,432,120
4,917,000
8,236,000
868,000
Div.
204,321
8,609
40,341
20,616
.
Expresses
315,891,949
5,670,000
6,714,000
690,(00
Mortg. Mortg. Mortg. Mortg. Mortg.
'
U: S. troops
=>
New York...
Boston
A. Y.
Sixth
%
$
$
$
574,238 427,550 42,815 36,898
8,444
12,519
5,713
1,744
57.332
16,195
9,627
2,209
17
.7(5,536
PassengerOrdinary
Rents
Individuals &
1,484,220
J. C.
Fifth
$
643,759
we
August. September.
,
and the resolution
.
U.S. Bonds held as security from Natl B'ks.— July.
Bonds for circulation deposited
$10,731,400
Bonds for circulation withdrawn
1! ,683,400
40,421,815 51
39,473,060 64
445 072 92
406,835 74
revenue was £195,919, or, after adding the
balance of £11,567
brought forward, £207,486, the whole of which was absorbed in
the various charges on account of postal and equipment
bonds
interest, leased lines, rents, and debenture stock dividends,
except
a balance of
£701, which is carried forward. The rents alone
take £111,214 of the entire net revenue, which was about
£11,000
short of the amount necessary to meet all preferential
chargee.
The average receipts per toa of freight have been less than in
the
corresponding half of 1876, but higher than for the half-year
immediately preceding, and the tonnage carried lias been greater
the figures being last half-year 1,052,873 tons, and first half of
1876, 1,042,922 tons. There is a slight decrease in the number of
passengers carried. Considerably less train mileage has been
run, amounting altogether to 6| percent of the total
mileage run,
and accounting to a considerable extent for the decrease in the
working expenses ; but there has been a saving of 10 per cent in
the cost of fuel, and every other item of expenditure shows a
reduction/except those grouped under the head of .miscellaneous,.
No accounts are given this half-year of the
working of the leased
lines.
The expenditure on capital account has amounted to over
£80,000.—Toronto Globe.
Hudson County (N. J.) Court-House Bonds.—Last autumn,
the Freeholders of Hudson County, N. J., adopted a resolution to
purchase the Harrison estate for $200,000, as a site for a new
court-house. At the time, it was so generally understood that
Director at Large Halsted would veto the resolution that little or
no opposition
was manifested.
Early one morning, however, Mr.
Halsted approved the resolution, and within an hour signed the
$200,000 of bonds and gave them to Crampton, the seller, and
they were brought to this city for sale. Subsequently an attempt
was made to have a bill passed
legalizing their issue. Under the
act precluding any city or county board from
spending any more
than the amount of their tax levy, proceedings were begun in the
courts to have the resolution authorizing the purchase set aside,
and the members of the board who passed the resolution were
indicted, the above act making them liable to fine and imprison¬
ment
The Supreme Court at Trenton decided that the action of
the board in making the purchase was illegal and unauthorized,
.
Comptroller of the Currency, Hon. John Jay Knox,
following statement of the currency movements and
Treasury balances for three months past:
408.817 25
net
6,404,299
2.892,411
| 1866
8,403,063|
-
Currency.
$486,769 07
$1,590 000 $2,511,790 57 $2,432,888 19 $6,707,412 32
14,839.017
5,329,402
1871...^
Payments.
,
l)629,i28*08
$11,204,528
1867...
—x
Currency.
Gold!
$218,346 32 $2,485,335 87
3 52,777 33 ' 921,685 37
Election Holiday
811,340 50
1,221,284 83 1,503,057 21
832,107 19
222,946 49 1,095,904 29
706,230 81
337,533 22
641,429 58
340,000
297,000
307,000
,
1869
1868
Sub-Treasury have been
.
$286,427 90
425,634 17
390,000
,$12,612,655
in—
....
Gold.
XXV.
Grand Trunk of Canada.—The report of the directors of the
Grand Trunk Railway Company of Canada, for the
half-year to
the 30th June last, announces that the gross
receipts were les&
by £75,973, or 8T1 per cent., as compared with the"first half 0f
1876.
On the other hand, the working expenses were less
by
£69,480, or 9’46 per cent, and the percentage of expenses to gross
earnings was reduced to 77*23 per cent, as against 78 38. The
our
of
•
*256.000
Total
1875.
-Receipts.
Customs.
3
Balance, Nov. 2
9.
Balance,
FOREIGN IMPORTS AT NEW YORK FOR THE WEEK.
In
follows:
Nov.
chandise) Nov. 6:
1874.
VOL.
51*35
60*29
509,730
102,106
—
74-27
54*96
—The Ontario Silver Mining Company has declared its regular
dividend for October of $50,000, gold, and two extra dividends of
$50,000, gold, each—all three payable 15th inst. The total pro¬
during twenty-five working days in October was
duction
U
ft c
Vo National
anKe c 9
CHRONICLE
I5V I D E N D S
dividenda have recently been
■Range since Jan. 1,1877
Lowest
Highest.
:
When 1 Books Closed.
P’ABLE.j(Days inclusive.)
Railroads.
Cleveland & Pittsburgh guar, (quar.)
Banks.
FRIDAY,
1*
Dec.
3
Nov. 10 Nov. 4 to Nov. 10
1 Nov.ll to Nov. 30
Closing prices of
Oct.
U. S. 6s, 5-20s, 1867
U. S. 5si 10-408
New 5s
New 4*4 per cents
—
State
Be it enacted, etc.
repealed.
are
bid,
it is hardly credible that the President would
approve
which would seriously inj ure the credit of the
government during his administration. The first effect of the
The last
the New York
City Clearing-House
banks, issued November 3, showed a decrease
of $718,750 in
the excess above their 25
per cent legal reserve, the whole of such
excess being
$7,376,575, against $8,095,325 the previous week.
The following table shows the
changes from the previous
week and a comparison with the
two
preceding
Loans anddis.
Specie
1876.
Nov. 4.
Circulation...
Net deposits..
Leral tenders.
United States
1875.
Nov. 6.
Differences.
$70,800 $260,684,200 $270,575,800
15,935,900 Dec. 1,380,500
17,436,600
13,245,500
17,156,800 Inc
430.800
15,090,600
18,039,400
192,364,900 Dec. l,483,8u»0 215.392,900 221,901,200
39,531,900 Inc..
296.800
46,-353,800
51,314,500
$236,287,400 $236,216,600 Dec.
17,o22,400
16,726,000
193,848,700
39,235,100
.
Bonds.—There has been
government bonds, attributable
the first place, the
more
to
activity in
several different causes.
In
passage of the silver bill in the House of
Representatives is looked upon with much disfavor
by the foreign
banking houses, and they have been, at times, free
sellers of
governments. A considerable amount of
bonds has been sold
deliverable in fifteen days,
which are to be
London market;
among these
of any other
issue, and also
are more of
tlie
4£ per cents than
lately some of the 4 per cents of
sizes, $501), &c., which have heretofore been
scarcely
obtainable. A notable feature in the
demand
for government
bonds is the
inquiry for small denominations from purchasers in
Western ciiies. This indicates a
demand from parties who,
if
they had confidence, would be
savings banks depositors, but who
are
willing, even in States where money lends
at 7 to 10
per
cent, to invest tlieir
savings in government securities at 4 per
cent interest.
We have not heard it
suggested, however, that
with their
liking for silver at the West, the pending proposal to
pay government bonds in that
metal has stimulated their in¬
Closing
-
securities.
prices here have been
-
40_.
Int. period.
-
as
follows
Nov.
3.
.reg..Jan. & July. 110*
Sag'bonds*.;";?“•
*J u!y; *no*
H98’ 1865> i.-.reg. jan.
Called bonds
.
£,5-208,1865,ii.i..coup..Jan.
reg..Jan.
S8’*™8* 1867
coup...fan.
—reg..Jan.
coup..Jan.
• .reg.. Mar.
coup. .Mar.
1868
g* ix12®
•
Nov.
Nov.
5.
Nov.
Nov.
6.
7.
8.
9.
110*
110*
*110*
juiy’*105^
&
*105*
& July. 105* *105*
& July. 108* 108*
& July. 10854 108*
& July.*110
no*
& July.*110
*110
& Sept. U7* 107*
A Sept. 108* 108*
1881
reg.. Quar.—Feb. 106*
1881... coup..Quar.— Feb.
106*
JJ?!’
.L
& petered,
«, email
j.
Nov.
’
n-
£’
:
.
reg..Quar.—Mar. 105*
coup..Quar.—Mar. 105*
1907
coupon
Ouar.—
*1('6*
106*
105*
105*
<a
3
75
Currency
*110
o
0)
W
Jan.*102* *102*
....
bonds outstanding Nov.
1, 1877,
105*
105* *105*
108* 108*
108* 108*
110
110
108
107* ♦107*
108* *108* 108*
*106* *106* 106*
1C6* 106* ♦:06*
105* *105* *105
105* 105* 105*
101* 102* 102*
162* 102*4 *102*
*121* ♦lai* 131 Vi
•.§
The range in
prices since Jan. 1, 1877, and the
class of
South Carolina consols
the prospect of
r
were as
amount of
follows:
each
6
6
105* April 25j 109 July 11
102* May 16? 106* Aug. 7
much
are
firmer, with 64
favorable report from the
a
SHARES.
60 Nassau Fire Ins
5 Lamar Fire Ins
27 Montauk Fire Ins
5
191
100 New York
100
141
Amity Fire Ins
stimulus
at auction
:
SHARES.
Gaslight Co
124
Manhattnn Gaslight Co. ,210@213
.157
141
107
40 N. Y. Equitable
40 Amity Ins
Ins.. .150*@19254
70
BONDS.
$5,000 Atlantic Av. RR.
500
78, due 1894
1st mort.
.
Brooklyn Cent.
.
& Jamaica
90*
RR. 7s, due 1881
97
10,000 Susquehanna & Wyoming
Valley RR. & Coal Co. 1st
mort. bonds, Nos. 4:8 to
437, both inclusive
$2,000
5,000 Kansas & Nebraska RR.
Co. of Kansas 1st mort. 7
.
10 Rutgers Fire Ins
50 Second Av. RR
a
Phenix Ins
a City Fire Ins
14 Home Ins
24
75*
..
following
105*
...
10 Brooklyn Life Ins
121
25 Home Life Ins
140
50 St. Nicholas Nat. Bank
85
60 Fulton Bank of
Brooklyn.... 75
12 ) Mechanics’ B'kof
Brooklyn..166
49 Safe Deposit Co. of N. Y
117
50 Brooklyn Trust Co
$28 per sh.
50 Twenty-third St. RR...
98}£
100 Brooklyn City RR
2( 3
252 Atlantic Av. RR.
32
35 Am. Bank Note Co.
$18 per sh.
100 People’s Gaslight Co.,
B’klyn. 40
36 U. S. Warehouse Co
51
250 B’klyn Trust Co
$26@27 per sh.
1 Brooklyn Art Asso’n
65
25 Old Dominion SS. Co
73
20 Mechanics’ Bank of B’klyn ..165
20 Greenwich Ins
238
10 Home Ins
107
10 Jefferson Ins
151
100 Firemen’s Tmst Ins
116*
100 Bronx Wool & Leather Co... 10
50 Mech. & Traders’ Nat.
B’k...U8*
11 Phenix N»t. Bank
102*
51 Mechanics’ Nat. Bank
133
65 Peter Cooper Fire Ins
193*
14 Eagle Fire Ins
201
5 American Ex. Fire Ins
106
13 N. Y. Equitable Ins
191
14 U. S. Fire Ins
*
156
per cent bonds, due 1905,
duly, 1876, coupons on,
$1,000 each; $2,CO) Kansas
& Neb. RR. Co. of Kansas
2d mort. 7 d. c.
bonds, due
1915, July, 1876, coupons on;
$3,600 Land Scrip Certifi¬
cate, the Kansas A Neb.
RR. Co., St.
Joseph & Den¬
City RR. lands; 30
shares Kansas & Neb. RR.
ver
Co.
of Kansas; $24 stock
scrip, Kansas A Nebraska
RR. Co
$825 for the lot.
3,COO Chesapeake & Ohio RR.
1st mort. 6s, gold, due
1399,
coupons from May, 1873,
186*
72*
attached
29
Closing prices of leading State and Railroad
Bonds for three
weeks past, and the range since Jan. 1.1877. have been as
follows:
States.
Tennessee 6s, old
do
do 2d series...
Missouri 6s, long bonds
District of Columbia, 3-65s 1924
Railroads.
Central of N. J. 1st consol.
Central Pacific 1st. 6s, gold ...
Chic. Burl. A Quincy consol. 7s
Chic. & Northwest’n, cp., gold
Chic. M. & St. P. cons. s. fd, 7s
Chic. R. I. & Pac. 1st, 7s
Erie 1st, 7s, extended
Lake Sh. & Mich. So.2d cons.cp
Michigan Central, consol. 7s...
Morris A Essex, 1st mort
N. Y. Cen. & Hud. 1st,
coup...
Ohio & Miss., cons. sink, fund
Pittsb. Ft. Wayne <fe Chic. 1st
St. Louis A Iron Mt.. 1st mort
Union Pacific 1st, 6s, gold
..
♦
This
N<»y.
Nov.
26.
2.
44
9.
46
♦44*
*70
*43*
*1714
*72*
*41*
*42
*42*
♦16*
Virginia 6s, consol
do
Oct.
43
do
68, new
North Carolina 6s, old
105*
♦110
•no* *110
W
Quar.— Jan.
102*
reg..Jan. & July.*121* *121*
•This Is the price
bid; no sale was made at the Board.
*6
105*
105*
108*
108*
110* 110*
110* *110*
<7.-
June 25' 110* Feb.
Oct. 10 110* Feb.
107
105
Messrs. A. H. Muller & Son sold the
brought from the
small
quiry for these
on
.
-1877.
Nov. 3.
Oct. 27.
years :
106
1i.
Highest.
Bonds.—Southern State bonds have
...
statement of
follows:
Lowest.
lor these bonds.
silver bill is seen in an inclination to sell
government bonds by
the foreigners, and the
supply offering this week from London
7,600,000 francs in specie.
as
-Range since Jan,
iu,
108*
108*
106*
105*
10,750,000
64,623,5121
culty of getting other satisfactory investments gives
to the demand
of any measure
sells fairly at 6@7 per cent.
The Bank of England statement on
Thursday showed a decline
in specie of £513,000 in the
week, but a reserve of 39 per cent
of liabilities, against
37| per cent last week.
The discount rate
remains unchanged at 5
per cent.
The Bank of France lost
84,409.600
44,250,000;
committee.
Alabama consols “ A” are firm at 40 investigating
bid, and few
bonds offering.
Railroad bonds are generally
stronger on a fairly active mar¬
ket.
There is growing confidence in railroad
bonds, particularly
in the first
mortgages of roads having an established traffic, and
the low rates of interest on
government securities and the diffi¬
was passed (owing
anticipated that this
approval of President
commercial paper
115,590,400
9.
108*
108*
106*
52,021450
289,000,000
219,440,350
to-day, and during the week about $50,000 have
changed hands
hereby
has been considerable.
Our local money market has worked
more
easily, and
stock borrowers have
generally been supplied with money on
call at 6 per cent, with some
exceptions at 7, while government
bond dealers have paid
4@5 per cant. Prime
Railroad
in this market.
Notwithstanding tbe large vote by wliicb it
as
93,503,659
15,749,000
142,545.150
debt question and act on the
proposal of bondholders to scale
their bonds by
accepting new bonds at 60 per cent of the face of
old bonds and
Louisiana consols sold at 87£ here
coupons.
in part to the numerous
absentees), it is not
bill can pass the Senate and receive the
Hayes,
ana
108*
108*
106*
105*
88.714,850
78,029,150
212,114,750
21,716,300
48.982,650
Nov.
2.
Coupon.
E
generally been stronger. Tennessee bonds have advanced on the
(Governor’s call for a meeting of the
Legislature to consider the
existing law.
Sec. 2.—All acts and parts of acts inconsistent
with this act
Nov.
26.
Tbe Money Market and Financial Situation.
The
most prominent event of the past week was the
passage by the
House of Representatives of Mr. Bland’s silver
bill, on the re¬
markable vote of 163 to 34. The bill speaks for itself, and the
text is as follows:
$194,021,500
securities in London have been
NOVEMBER 9, 1877-5 P. M.
Section 1.- That there shall be coined at the
several
mints in the United States silver dollars of the weight of
412* grains Troy of
standard silver, as provided in the Act of January 18, 1837, on which
shall be
the devices and superscriptions provided
by said Act, which coins,
with all the silver dollars heretofore coined by the United States of liketogether
weight
and fineness, shall be a legal tender at their nominal value for all
debts and
dues, public and private, except where otherwise provided by
contract; and
any owner of silver bullion may deposit the same at any United States
coinage
mint or assay office, to be coined into such dollars for his
benefit upon the
game terms and conditions as
gold bullion is deposited for coinage under
--Amount Nov. 1.-
Registered.
6s, 1881
reg. 108* Oct.
6(114* Jan.
6s, 1881
coup. 109V* Oct.
6 115* May
6s, 5-20s, 1865, new..coup. 104* Oct.
6 111* May
6s, 5-208, 1867
8 114* May
coup. 106* Oct.
6s, 5-20s, 1868.
coup. 109* Oct. 10 117* Jan.
58, 10-408
8 114* Jan.
reg. 106* Oct.
5s, 10-408
8 114* Feb.
coup. 107* Oct.
5s, funded, 1381
8 112* Jan
coup. 106* Oct.
4*8, 1891
9 109* July
reg. 103* Oct.
4*8. 1891
6 109
coup. 103* Oct.
May
48, 1907
Oct.
5 106
reg. 10!
July
98, Currency
reg. 120* Oct. 11(126
July
.
announced
Per
Cent.
Name op Company.
451
©alette.
’
Banks organized during the past week.
D
Tte following
THE
10, 1877.]
November
sinking fund....
*106*
*73* *74*
66*
♦17*
♦72
♦43
,
Since Jau 1, 1877.
Lowest.
|
Highest.
42* Feb. 28? 46
Nov.
42
Feb. 28' 45* Nov.
16* Oct. 25- 22^6 Jan.
82* April 2 82* Apr.
38
71
*68*
♦67* 50 Mch. 5 85
107
*106*4 105* Oct.
4 1
*110* ♦111
♦111
106
Mch. 16 :
*93
93*
94* 80* April 11 94*
91
*91*
Jan. 26! 92*
92* 78
107* 107* *10754 106 Feb. 2811
*109
*109
109
Jan. 13,1
*95
*97
97* 93
July 17 1
*106* ♦104
104* 100 May 2 1
117
113
Feb. 19 1
x!14* *114
♦118
*119
Mch. 5 1
11954 114
106
94*
*118
*98
105*
94
*93*
♦118
94*
81* June 28
117
*99*
106*
11S
100
106
103
♦94*
*94* 92* Mch.
Jan.
2
95
9 1
Jan.
5
Nov. 9
Oct. 6
June 29
June 29
May 10
Oct. 31
June 7
May 24
Oct. 12
June 23
92* Mch. 22 1
Jan.
the price bid; no sale was made at the
Board.
Railroad and Miscellaneous
Stocks* —
few
7
7
6
Jan. 16 45
Apr. 11
Jan. 23 ]
June 5
Jan. 2 80 ’ June 21
106* 104
74*
,
9 1
31 96* Feb.
6
is
There
have
been
points of any importance in the stock market this
and, upon the whole, prices are generally weaker. There week,
have
been no new
developments, and the weaker tone must be mainly
attributed to the present
temper of speculation. The leading
Western railroads continue to show
large earnings, arising from
their immense grain traffic, and
according to all accounts—which
may indeed be exaggerated—the supply of
grain is not likely to
be soon
exhausted. The coal-road stocks have also been
among
the weakest of the list, and the decline
appears to be based on
nothing new, but simply upon the circumstances of the situation,
which indicate the
improbability of any speedy advance in the
price of anthracite coal. Erie and Central of New
Jersey have
THE CHRONICLE.
452
of the reorganization com¬
mittee recently made public and calling for the payment of $10.
per share on the stock, and Erie on the entering of a decree of
sale in foreclosure in pursuance of the plans of the English
reconstruction committee. Chicago & Alton declines on the loss
in earnings. On another page will be found the full report of
railroad earnings to the close of October.
The daily highest and lowest Drices have been as follows:
[Vol. xxv:
Latest earnings
each fallen off—the latter on the report
Nov.
At.&Pac. Tel.
Central of N.J
Cnlc. Burl.&Q
CJ. Mil. A St. P.
Nov. 5.
23
23*
3.
22* 23
HX 14*
103
15*
N.Y.Cen.&H.K
Ohio* Miss...
Pacific Mall...
Panama
Wab. P.C. R’ts
Union Pacific.
West. Un. Tel.
Adams Exp...
American Ex.
United States.
Wells, Fargo..
9*
23*
*—
15*
67*
80 *
*93
53
*44*
*37
65*
101*
101
13*
45
..
90
•17*
33 *
63*
101
43*
47* 50
8* It
Ml* 12*
*27* -28*
13
12*
cs
-a
23*
145
28* 2y*
145
145
75*
73* 74
69*
65*
62*
W
>
G5
123
16
16*
is*
67 *
67* 67*
79* 80*
81*
•96
9 *
53
45
69
*52* 54”
'41*
•
•
*66*
90
13
36
13
36
17*
73*
72*
75*
106* 107*
9*
8*
23* 23*
124
145
•140
75 *
76*
107*
9* 9*
24
24*
107*
9*
24
*11S
128
15*
15*
67*
67*
80*
80*
98*
99*
53
53
102*
32*
67*
•
•
•
•
•
•
73”
61*
63*
73
74
Total sales this
1876,
were as
63*
22*
21
120
*36* 89
17* 17*
125
15*
66*
79
93
54
15*
67*
80*
98
54
*45*
87*
17*
35*
St. L.K.C.A North’n.Month
St. L. & S. Francisco .Month
St.L.&S.E’n(StL.div.) 3d week of Oct..
(Ken.div.)..3d week of Oct..
“
“
(Tenn.div.)..3d week of Oct..
Month of Sept..
.Month of Sept.. '
St. Paul & S. City
Sioux City&St.Paul.
the silver bill, and
319,722
16,493
8,276
3,588
61,720
16,834
9,337
50,977
437,902
sold
up to
103
67*
17*
35*
week, and the range in prices since Jan. 1,
follows:
Whole
Sales
of w’k. <——Jan. 1, 1877, to date.—, year 1876.
Low. High
Lowest.
Shares
Highest
Mch. 14 14* 22
Atlantic & Pacific Telegraph ...
2,816 15* Feb. 3 25
Central of New Jersey
4,108 6 June 11 37* Jan. 3 20* 109*
Mch. 19 118* Jan. 26 112* 121*
279 94
Chicago Burl. & Quincy
27,130 11
Apr. 12 42* Oct. 81 18* 46*
Chicago Mil. & StT Paul
49* 84*
do
do
5,600 40* Apr. 23 72* Oct.
pref...
23,:. 00 15
Apr. 13 43* Oct. 8 31* 45*
Chicago & Northwestern
do
do
pref... 20,341 37* Apr. 23 69* Oct. 8 55* 67*
3,004 82* Apr. 23 105* Oct. 8 98* HI *
Chicago Rock Island & Pacific..
Delaware & Hudson Canal
7,374 25* June 13 74* Jan. 4 61* 125
Jan. 13 64* 120*
Delaware Lack. & Western
83,685 30* June 11 77
8
Oct.
7* 23*
Erie
52,778
4* Apr. 2 15
7
1.400
Hannibal <fc St. Joseph
Apr. 17 15* July 3 10* 22*
do
do
2,850 17 Apr. 17 33* July 3 18* 33*
pref
Nov. 3 130* 145
Feb. 19 145
420 135
Harlem
Illinois Central
9,995 40i* Apr. 2 79 Oct. 15 60* 103*
Lake Shore
129,863 45 Apr. 23 73* oct. 8 48* 68*
8,870 35* Apr. 2 74* Oct. 15 34* 65*
Michigan Central
106
Morris & Eesex
3,495 51* June 13 92* Jan. 12 84
117*
N. Y. Central & Hudson River..
8,395 85* Apr. 23 109* Oct. 8 96
5
24*
Ohio & Mississippi
2* July 7 11* Oct. 15
7,800
Pacific Mail
11,360 12* Apr. 3 26* Aug. 24 16* 39*
140
251 80
Panama
Apr. 3 130 Mch. 1 122
8
Wabash Receipts..
3,720
Y% June 30 29* Oct.
O
Mch.
57* 74*
Union Pacific
1,165 59* Jan. 15 73
Western Union Telegraph
Apr. 4 84* Sept. 5 63* 80*
79,970 56
114
60 91
Adams Express
Apr. 23 1(5 Jan. 27 100
67
5 55
3 60* Feb.
76 43* July
American Express
100 36
United States* Express
Apr. 27 59* Jan. 8! 49* 76*
91
12 81
July 25 90 June 5 79
^ells, Fargo & Co
-
.
•
•
328,508
151,494 ‘1,097,668
Northwest.
Nov.
....
5..
Total...
Whole stock
leading stocks were as follows :
St.
Lake West'n
Shore. Union. Paul.
18,800
16,5.25
6.050
17,600
0,400
6,590
1,100
28,32 3
86,610
29,603
22,700
18,6*20
15,000
7,420
3,300
1,700
79,970 27,130
Ohio &
Miss.
Erie.
1,900
725
2,363
1,525
2,870 9,820 10,075
1,700 28,220 30,720
2,400 36,700 7,720
3,400
1,300
850
700
1,500
7,2J0
7,445
7,510
1,200
Election Holiday
4,000
5,200
23,203 121,863
Mich. Del. L.
& W.
Cent.
3,870 8 3,685
151,031 494,665 337,874 153.992 187.382 524,000
The total number of shares of stock outstanding
the last line, for the purpose of comparison.
52,778
7,800
earnings, and the totals from Jan. 1 to latest
given below. The statement includes the gross earn¬
ings of all railroads from which returns can be obtained. The
columns UDder the heading “ Jan. 1 to latest date” furnish the
gross earnings from Jan. 1, to, and including, the report mentioned
The latest railroad
dates,
are
in the second column.
t
Latest
earnings reported.
1877.
Atch. Top. & S. Fe...Month of Oct...
Atlantic & Gt. West..Month of Aug...
Bur. C. Rap. & North.Month of Ocr...
Cairo & St. Louis
3d week of Oct..
Central Pacific..
Month of Oct...
{340,000
422,016
»
1876.
Jan. 1 to latest date.
1877.
1876.
$297,958 $2,094,427 $2,055,343
303,706
111,441
8,085
981,342
194,087
942.675
218,097
1,888,066 13.732,107
532,368 3,758,112
Chicago & Alton
Chic. Burl & Quincy. Month of Sept.. 1,363,310 1,242,122 8,-94,622
Chic. Mil. & St. Paul...Month of Oct... 1,183,000
817,259 6,555,4(0
Chic.A Northwest,&c.Month of Sept.. 1,695,442 1,292,445
Chic. R. I. & Pacific..Month of Aug...
588,491 4,598.386
754,598
307,333
Clev. Mt. V. & D.,<tec..3d week of Uct..
8,921
8,993
15,024,263
171,533
5,407
1,696,000
447,781
Month of Oct...
Denv.
Rio Grande...3d week of Oct..
Grand Trunk
W’kend. Oct. 27.
W’kcnd.Oct. 26.
Great Western
Hannibal & St. Jo... Month of Oct...
Houst’n & Tex. Cent.Month of Aug...
Illinois Cen. (Iil.line)..Month of Oct...
do (Leased lines). Month of Sept..
Indianap. Bl. & W...Month of Oct...
Int. & Gt. Northern...3d week of Oct..
Kansas Pacific
Month of Oct...
Louisv. Cin. & Lex...Month of Sept..
Louisv. & Nash., Ac..Monttt of Sept..
Michigan Central
Month of Oct...
Month of Oct...
Missouri Pacific
Mo. Kansas & Texas..Month of Oct...
Mouth of Sept..
Mobile & Ohio
New Jersey Midland..Month of Sept..
Nashv.Chatt. & St.L..Month of Sept..
Pad. & Elizabethan...3d week of Oct..
Pad. & Memphis
3d week of Oct..
400,625
597,377
7,595,544
3,178,955
188,976 1,707,291
208,106
526,247 4,209,477
127,698
137,811 1,033,730
32,946 1,115,067
245,360 2,677,51S
110,245
526,058
492,178
17,002
217,864
99,794
220,000
199,875
583,367
191,239
119,063
39,427
669,884
394,972
329,531
141,762
59,027
11,999
184,502
87,858
4,218,279
8,791,744
6,678,652
4,495,046
306,207
365,484
7,750,989
3,841,312
1,590,721
4,565,176
1,255,502
953,547
2,500,181
814.615
3,935,636
3,667,986
647,922
371,332 3,189,991 3,052,264
335,275 2,614,115 2,515,927
175,073 1,191,257 1,240,607
65,377
498,782
478,352
157,424
132,828
1,255,060
1,267,962
4,286
5,416
8,314
145,82
165,331
410,609
251,395
2n0,589
535,624
509,683
1,606,223 1,189,803
137,979
925,895 1,212,612
439,710 3,726,536 3,645,038
68,359
174,893
on
slightly on the passage
Wednesday, hut subse.
Total
•Quoti itions
Op’n Low. High Clos.
3.... 102* 102* 102* 102*
5.... 102* 102* 102* 102*
Saturday, Nov.
Monday,
“
Tuesday.
“
Wednesday, “
Thursday,
“
6..«*
Current week.
Previous week..
Jan. 1 to date...
Balances
,
Gold.
iCurrencv.
Clearings.
$17,823,000 $2,326,174 $2,504,986
14,564,000 1,506,000 1,548,276
Elec tion Holiday....
103
18,458,OOG 1,515,231 1,517,068
102* 103
102*
26,179,000 1,467,675 1,635,291
102* 102* 102* 102*
15,574,000 -1,845,561 1,904,466
102* 102* 102* 102*
7....
8....
9....
“
102*
102* 102* :o3
102* 102* 102* 102*
107*
107* 102*
..
....
$
{92,604,000 $
1,205,092 1,239,959
97,063,00:
following are tiie quotations in gold for foreign and
American coin:
Sovereigns
Napoleons
X X Reichmarks....
X Guilders
! Dimes & half dimes.
Large silver, *s &*s
$4 84 ® $4 83
3 84 ® 3 88
4 74 ® 4 80
3 90 ® 4 10
Five francs...
Mexican dollars.
.
-
Prussian silv. thalers
Trade dollars
Mexican Doubloons 15 50 ® 15 60
119 ®
Fine silver bare
119*
Fine gold bars
par®*prcm.
96*®
96*®
—
97*
97*
®
®
—
95
—
93
93
—
—
65
®
—
70
—
96*®
—
97*
—
—
—
English silver
Spanish Doubloons. 15 65 Q 16 15
—
94*
4 75 ® 4 85
Exchange.—The foreign exchange market has been only
moderately active. There is more commercial exchange in sight,
and with large receipts of cotton and breadstuffs at interior and
shipping ports, rates are easier. The bond importers have been
the main purchasers this week, and they always want the best
class of bankers’ bills.
On actual business to-day, the rates
were about $4 80 for bankers’ GO days sterling bills, and $4 83|
@4 84 for demand.
In domestic exchange the following were rates on New York
to-day at the cities named: Savannah, buying 5-16®£ discount,
selling £ discount; Cincinnati, easy, par, selling 100 premium;
Charleston, scarce, ^ discount, £ par; St. Louis, 25 discount; New
Orleans, commercial |@7-1G, bank £ discount; Chicago, 75 pre¬
mium; and Milwaukee, par.
Quotations for foreign exchange are as follows:
-Nov. 9.60
Prime bankers’ sterling bills on London...,
Good bankers’ and prime commercial
Good commercial
Documentary commercial
Paris (francs)
Antwerp (francs)
Swiss (francs)
Amsterdam (guilders)
,
,
..
Hamburg (reichmarks)
Frankfort (reichmarks)
Bremen (reichmarks)
Berlin (reichmarks)
Boston Banks.—The
a series
Loans.
b:nks for
780,000 200,000
is given in
1,103,174
496,010
270,957
121,305
493,831
263,937
123,682
349,146
3,934
49,055
31,404
**
Total sales of the week in
Jan. 1 to latest date.
1877.
1876.
2,168,653 2,409,564
427,040
395,793
3,517,430 3,013,949
2,578,314 2,593,963
quently declined, and to-day closed at 102£. On gold loans the
rates to-day were 4£, 4, 3£, 3, 2£, 2 and 1 per cent for carrying,
and at the close loans were made flat.
Silver in London is
quoted at ood. per oz.
Th9 following table will show the course of gold and gold
clearings and balances each day of the past week:
Friday,
....
•
322,8%
61,699
512,200
347,940
134,632
of Oct...
110,0< 0
of Sept..
253,276
of Oct...
115,167
of Oct...
516,f!5
Gold Alarket.—Gold advanced
I'li©
of
1876.
42,228
Southern Minnesota. .Month
Texas & Pacific
Month
Tol.Peoria & Warsaw..Month
Wabash
Month
The
.
of Oct...
of Oct...
,
1877.
t
106* 106*
9*
8*
35
36
pref. *36* 37* •35* 40
This Is the price bid and asked ; no sale was made at the Board.
do
44
443
7 *
67
54
*45”
68
46* 48
9*
9*
12* 13
28* 29*
15* is*
67* 6:*
78* 79*
*97*
,
83*
63
43
125
#
32*
33* 34*
63* 64*
100* 101
22* 23*
*
103
103
62* 63*
74* 75
106
101*
9
8*
125
12*
11*
14*
102*
83*
6?*
34*
64*
101*
45*
12*
45* 45*
49* 50*
11* 12*
47
51*
12*
Nov. 9.
23 * 23*
Nov. 8.
23 * 23*
7.
64*
101*
64
*75
107
17* 17*
Quicksilver....
*
15*
35*
57* 68*
&5* 36*
*74
107
Nov.
23*
14* 15
108* 103*
32* 34*
67* 68*
33* 35*
34
Friday,
Wednes’y, Thursday,
23
*102*
103
31* 35*
do
68* 68*
pref.
36
36*
Chlc.& North.
64*
do
pref. M* 65*
C. K. I. & Pac. 101* 101* 101*
Del.& H. Canal
46* 47
41*
Del. L. & West
50*
50* 50*
12*
12* 12*
Erie
12* 13* '13
Han. & St. Jos
28 *
do
27 * 28*
pref.
Harlem
145
145
*143*
75
HI. Central...
74* 75
Lake Shore...
fS*
63* 69*
64*
Michigan Cent
64* 65*
Morris &Essex
Tuesday,
Nov. 6.
Monday,
Saturday,
Month of Sept..
St.L.A.&T.H.(brchs).Month of Oct...
8t.L. L Mt. & South.Month of Oct...
Phila. & Erie
reported.
$
July 2.
July 9.
July 16.
July 23.
July 30.
Aug. 6.
Aug. 13.
Aug. 20.
Aug. 27.
Sept. 3..
SeDt. 10.
Sept. 17.
Sept. 24.
Oct. 1...
Oct. 8...
Oct. 15..
Oct. 22..
Oct. 29..
Nov. 5.
131,088,200
131.850,000
132,442,200
181.378.800
129.844.800
129.167.500
128,787,400
129,311,700
128,971.300
128.630.900
129,092,200
129,162,600
128.782.900
128.819.900
128,147,100
127,402,'100
126.552.800
126.497.500
127,388,103
following
days.
4.SO*@4.81
4.79*®4.80*
4.78 ®4.7'J
4.77* @4.78*
5.23*®5.20
5.23*®5.20
5.23*®5.20
39*® 40
91 ®
94*
94 ® 94*
94 ® 94*
94 ® 94*
3 days.
4.84 ®4.84J4
4.83*®4.8l
4.81*®4.6 2*
4.81
®4.82
5.20*@5.18*
5.20*®5.18*
5.20*®5.18*
40 ® 40*
94*
94*
94*® 94*
94*® 94*
91*®
94*®
the totals of the Boston
are
of weeks past:
Specie. L. Tenders. Deposits. Circulation. Agg. Clear.
$
$
^
£
43,310,039
52.517.400 23,m4,300
1.994.200
7,128,200
53,736,100 23,672,100 51,514.098
6,316.700
2.429.500
52 379,900 23,103,8)0
49,310,016
2.338.700
5,718,700
45,485,814
51,200,000 23,502,200
5,725,300
1.947.700
39,063,999
50,450,3 0 23,440,900
1,753,000
6,008,900
43,131,316
50.987.500 23.346.800
1,762, ICO
5,938,700
38/32,036
1,827, liO
6,359,300 49,845 300 23.500.600
39.564,014
49,454,000 23.475.800
1.693.500
6,4:6.600
36,250,619
49,003,600 23.306.600
1,6'8.700
6.619 500
34,657,727
49.261.700 23,338,500
6,761,50)
1.787.200
41,237,484
49.567.500 23,524,000
2.151.200
6,652,100
41,842,091
49,513,8r0 23.546.300
2.261.200
6,767,100
41,020,280
49.446.700 23,421,400
2,375,0(0
6,899,300
40,827,565
48.830,300 23,341,030
2,407,000 ' 6,430,800
53,175,098
49.458.400 23,808,0 0
5,811,900
2.267.200
47,046,262
48.339.800 23,987,700
2,119,003
5,427,100
50,592,119
48.427.800 24,637,000
5,505,000
2,210,690
44.510,414
4^,770,800 23.949.300
2,459,600
5,947,800
49,711/19
51,011,800 24,157,0(0
2,601,400
o,226,tOO
.
.
Philadelphia Banks.—The totals of the Philadelphia banks
are as follows:
Loans.
Specie. L. Tenders. Deposits. Circulation. Agg. Clear.
$
$■
$
$
S
—
29,489,088
57,868,517 10,444,316
Jii 1 v 2
1,419,278 19.596,629
62,868,717
38,031,071
1,501,519 19,086.133 57,440,620 10,465,728 35.543,472
July 9
03,244 399
July 16.
61,692,080
1,443.187 ,18,705.003 58,061,300 10,455,31 6 35,619,767
July 23.
63,521,003
1,320,027 17,734,282 56,452,197 10,414 015 29,169,733
July 30.
61,416,285
1,258,383 17,174,770 53.329,167 10,398,8'Jl 32.105,987
Aug. 6.
61,0<8,595
1,299,145 16,508,255 52,346,689 10,417,185 40,020,300
1,266,194 15 144,508 50,443,923 10,448,649 30,266,461
Aug. 13.
61,142,225
Aug. 20.
(30,940.112
1,215,817 14,603,28(3 49,647.779 10,453,248 30,057,802
Aug. 27.
60,633,929
1,138,119 14,659,797 49,335,7s7 10,489.8(0 28,861,504
Sept. 3..
61,110,147
1,132,272 14,642,247 49,989,663 10,403,113 30,566,963
Sept. 10.
61,057,342
1,244,007 14,589,275 49,397,024 10,536,776 33,750,225
Sept. 17.
61,393,773
1,142,579 14,355,546 49,750,085 10,524,262 34,831,338
8ept. 24.
61,152,599
1,346,360 14,223,863 49,275,003 10,552,698
Oct. 1...
61,088,110
1,376.571 13,929,867 49,072,910 10,579,169 32,856,4
40,605,826
48,293,947 1O,570,»OO
Oct. 8...
61,213,252
1,320,515 13,461,572
37,829,614
Oct. 15..
61,013,149
1,294,076 12,957,2% 47,768,873 10,605,836 38,624,456
47 / 50,675 10/91,169
Oct. 22..
60,812,307
1,287,578 12,971,540
33.937,479
Oct. 29..
60,731.184
1,1357,001 13,143,712 48.047, P.66 10,6 8,601
35,944,866
47.035.097 10.623.795
Nov. 5
60,221/36
1,432,897 13,274,543
.
.
.
THE CHRONICLE
1877.]
10,
NOVEHBER
IVeir Tork City Banks.—The following statement shows the
condition of the Associated Banks of New York City for the week
ending at the commencement of business on Nov. 3, 1877:
453
BOSTON, PHILADELPHIA, Etc.—Continued.
Bid. Ask.
SECURITIES.
-AVERAGE AMOUNT OF-
Loans and
Capital. Discounts.
Banks
$
.
Merchants;
Mechanics’
3,000.000
2,000.000
igg
1,000,000
Phoenix
1,000,000
1,000,000
Fulton
«00,000
Chemical
300,000
Merchants’ Exch. 1,003,000
Gallatin National l,5'j0,000
City
.....
Tradesmen’s
....
500,000
600,000
2 0,000
Bntchers’& Drov.
Mechanics’ & Tr.
Greenwich
Leather
737,200
2.423.800
946,300
1.679.700
600,000
Manuftrs.
300,000
800,000
American Exch'e. 5,000,000 10,815,000
Seventh Ward....
State of N. York.
Commerce ... ... 5,000,000 14,019,900
Broadway
1,000,000 4.866.500
Mercantile
1,000,000 3.162.100
Pacific
422,700 1.799.100
Republic ....a... 1,500,000 3.175.300
Chatham
450,000 3,099.700
People’s
412,500 1.380.800
1,962,000
North America... 1,000,003
Hanover
1,000,000 4.300.100
Irving
500,000 1,935,000
.
313.200
86,200
250.700
$
1,100
2,334,000
270,000
4,348,500
1.553.200
792,500
8.736.900
2,473,000
1,947,000
1,009,000
925,000
705,300
2,003,100
911.800
1,561,800
190.200
289,830
157.700
273.400
111.700
626,100
45,0C0
222,000
191,900
2,700
236,400
36,500
45,000
231,000
6,867,000
5.627.400 2,327,500
2.989.700
896,300
2,833,000
45,000
1.754.600
1.642.600
450,000
3.120.900
387.500
1.144.900
5,400
1.782.100
449.300
3,5)0.930
1,8)0,000
76,100
10,451,000
593,000
134,000
1.548.200
1.922.700
3,900
227.500
l,716,b00
948,200
497.500
346 900
2.662.300
455,000
108,900
725.800
127.600
363.900
10,600
3,000,003 12,655,000 1,551,000 1,079,000
335.800
66,000
600,000 1,354,400
272.800
25.200
1,000,000 2,037,600
319.100
169.700
1,000,000 2,525,203
210.400
57,900
1,000,000 2.125.800
187.600
482.500
1,000,000 3.606.500
102,800
677,000 2.04S.200
4,700
1,000,000 3,011,200
525,000
2.193.100
59.600
743.400
1,250,000 3.161.500
210,00)
11,800
1.104.300
300,000 1,3.32,100
243*400
76.600
334,000 1.900.300
400,000 1.935.700
616,500 3,S19,G00 15,857,600 1,110,600
V 00,000 15.313.500
60,000
565,300 3,105,400 13,064,600
2,000.000 10.582.400
102.700
503,000
630,000
15.300
297.400
500,000
354.900
5.700
1,000,500
828,500
300,000
Metropolitan
Citizens’..
Nassau
Market
St. Nicholas
Shoe and Leather.
.
Corn Exchange...
Continental
Oriental
Marine
•
Importers’&Trad.
Park
Mech. Bkg. Ass’n.
Grocers’
North River
East River
Manners’ & Mer.
Fourth National..
Central National..
Second National..
Ninth National...
First National....
Third National...
N.Y. Nat. Exch..
Tenth National...
977,100
735,000
413,700
40 ',000
350,000
100,0 )0
3,750,100 12,825,103
2,000,000 7,707,000
1,900,000
300,000
1,500,003 4.998.400
500,030 5.440.100
1,00),00) 4.769.800
300.003
1,168,103
£00,000
1.215.500
Bowery National.
250,000 1,175,200
New York County
200,0 0 1,092,600
German American 1,000,003
2.127.700
107.200
694.200
20,000
556.200
100.800
13.600
97,600
1.200
131,600
525.800
316.700 2,613,500 10,273,403 1,050,600
118,000 1,553,000 6,673,COO 1,401,000
4*3,000
1,965,000
270,000
716.500
137,100 1,271,700 4.526.100
979.203
437,000
5,905,000
820,830
100.500
356,500 1,233,200 5.453.900
214,000
826,600
18,900
268.700
111.700
15,300
445.700
483.800
238,000
8)4,200
224,000
2,700
281,000
1,004,000
180,000
102,200
423.100
1.514.900
Total
68,235,200 236,216,600 15,935,9:0 39,531,900 192,334,900 17,156,800
The deviations from returns of previous week are as follows:
Loans
:
Dec.
$70,800 Net Deposits
Dec. $1,483,800
Dec.
430,800
Specie
Dec. 1,386,500 Circulation
Inc
Legal Tenders
2 )6,800
The following are the totals for a series of weeks past:
Loans.
Specie. L Tenders. Deposits. Circulation. Agg. Clear.
*
$
$
$
May 19. 255.894.700 21,807,200 52.437.700 226.645.400 16,060,900 393,161,603
May 26. 253.503.500 21.348.700 53.570.400 225.432.600 16.069,000 384,639.097
June 2. 250.751.400 19,844,500 55.899.700 223.481.600 16,143,700 333,535,818
June 9. 251,673 000 19.441.700 55,078.100 223.738.500 16,162,000 401,145,247
Junei6. 250.687.500 18,352,100 56.363.600 222,665.800 15.971,00) 889,281,258
June 23. 250.416.500 16.209,000 58,225,60) 223.316.100 15,765,600 36o,825,9'.3
June 30. 251.655.600 17,453,0)00 60.359.500 226,4S8,2 0 15.643.200 327,793,221
•July 7. 2.53,323,>03 2',259,300 5*,447,000 231.228.600 15.558.100 345,922,956
July 14. 252.452.700 18.887.800 58.809.200 229,038,300 15.668.400 394,344.937
July 21. 255,982,200 14.979.800 57.499.700 222.813.600 15.546.400 400,708,240
July 28. 249.169,60) ) 3,984,100 57.325.200 221,064,900 15.517.900 368,914,804
Aug. 4. 249.767.800 14.135.800 54.262.100 219.166.600 15.585.300 390,467.627
Aug. 11.. 245,377,20*) 15,030,700 53,094,800 215.431.600 15.689.500 340,062,240
Aug. 18. 243,896,300 13.449.700 52,696,000 213.414.600 15.545.900 344,757,974
Aug. 2). 244.899.600 14,250,000 50,789,000 213,026,300 15.515.500 420,915,000
Sept. 1.. 243,778,703 16,030.100 48.130.600 209.450.700 15.383.300 400,793,928
Sept. 8.. 243.920.800 19,961,600 45.303.900 210.574.100 15.568.400 397,270,385
Sept. 15. 243,795,000 19,913,000 44,045,900 208.582.400 15.577.100 379.235,693
Sept. 22. 243.976.400 19.274.700 42.454.400 206.724.100 15.596.100 405,032,278
Sept. 29. 241.847.800 16,652,300 41.975.500 200,771,200 15.724.400
Oct. 6... 238.470,900 16.551.700 41,402,000 197.853.400 15.990.200 423,8* *8,637
Oct. 13.. 218,2 i 9,600 17,0 M),300 40,3’6,800 197.171.600 16,081,000 435,182,249
Oct. 20.. 238.183.800 16.515.900 39,949,300 195.561.500 16,2:30,300 478,165,840
Oct. 27.. 236.287.400 17,322,400 39.235.100 191.848.700 16,726,000 437,387,453
Nov. 3
236.216.600 15.935.900 39.531.900 192,364,900 17,156,800 458.025,653
.
.
QUOTATIONS IN BOSTON. PHILADELPHIA AND OTHER CITIES.
Bid. Ask.
8SOUBITIR8.
Vermont & Maas. 1st m.,
BOSTON.
Maine 6s
New Hampshire 6s
Ill
ill)
Boston 6s, currency
do
5s, gold
Chicago sewerage 7s
do
Municipal 7s
Portland 6s
;
Atch. & Topeka 1st m.7s..
do
land grant7s
him
do
2d 7s
land Inc. 12s.
*
Wi
79
48 %
00
Albany 7s
106
Boston & Lowell 7s
Boston & Maine 7s
t. 110
Burl. & Mo., land grant 7s.... 109^
do
Neb. 8s, 1891
1065a
v*°
Eastern,
96
Neb. 8s, 1883
Mas8.,3Vj8,
Hartford & Erie 7s,
new.
...
new
J&densburg & Lake Ch.Ss...
^‘dLolony & Newport 7s, ’77.
Vennt C.
1st m„ cons.
7b, *86.
7b, 1891
'.
Vermont &2dm..
Canada, new 8s..
*
Boston & Lowell
Boston & Maine.
Boston & Providence
06%
x
9 3%
505a
ll
101
Concord
126
Connecticut River
48
TOM Conn. & Passumpslc
3%
4% 'Eastern (Mass.)
100% iEastern (New Hampshire)...
109
Fitchburg
xl22
Manchester & Lawrence
Nashua & Lowell.
110% New York & New England...
Northern of New Hampshire 74%
110
107
124%
iNorwich & Worcester
Ggdensb. & L. Champlain ... S3 I
do
do
pref.x 92
50%
Old Colony
96M
Portland Saco & Portsmouth 65
itaciaud, common
do
9%
preferred.
20
Vermont & Canada
109
Vermont & Massachusetts.
46
Worcester* Nashua
109M
33*
105
15
20
28
8
34
31
do
new pref
Delaware & Bound Brook...
East Pennsylvania
Elmira & AVllliamsport
do
do
pref.
Har. P. Mt. Joy & Lancaster
-
*
*
,
6s, exempt, 1887 ..
do
6s, 1890, quarterly,
do
5s, quarterly. ..
Baltimore 6s, iS34, quarterly
do
6s, 1856, J.&J
do 6s, 189J, quarterly
do
6s, park, 1890, Q.—M
do
6s, 1893, M. A S
do
6s,exempt,’98,M.&S
do
1900, J.&J
do
1902, J, & J
do
5s,
Norfolk water, 8s
.
do
40%
4
5%
4
pref,
39
38%
35
47
45
Minehlll
Nesquehonlng Valley.
80
25
53
Lehigh Valley
Little Schuylkill
48
40
100
.
Norristown
Northern Pacific, pref..
North Pennsylvania ..
-
•
12
36
30
12%
39
30%
Pennsylvania
9%
Philadelphia A Erie....
15% 15%
Pnlladelphia & Read ng
119
121
Philadelphia & Trenton
Phtla.Wilmlng. & Baltimore.
PittsburgTltusv.& Buff.... "m '*»
121
120
United N. J. Companies
West Chester consol, pref...
West Jersey
.
•
•
•
CANAL STOCKS.
....
'45
.
16%
Lehigh Navigation
Morns
do
pref
"8
7
pref..
0
Susquehanna
RAILROAD BONDS.
Par
Balt.* Ohio
UO
do
Wash. Branch.UK)
do
Parkersb’g Br. .50
Northern Central...
50
Western Maryland
50
Central Ohio, pfd
50
RAILROAD
do 6s, gld, 1900, J.&J.
Cen. Ohio 6s, lstm.,’90.M.& S.
W. Md. 6s. 1st m., gr.,’90,J.&J.
1st m., 1890, J. & J...
do
do
2d m.,guar., J.&J
do
2d m.,pref..
do 2d m.,gr. by W.Co.J&J
do 6s. 3d m.. guar., J.& J
Mar. & Cln. 7s, ’92, F. & A
do
2d, M. & N
do
8s, 3d, J. & J
Union RR. 1st, guar., J. & J..
do
Cam on endorsed
..
103
104
103
104%
99% 100
102% 105
101
94
95
100
118
ill
99
75
102
81%
91%
45
112
93
45%
19%
120
102
20
103%
MISCELLANEOUS.
People’s Gas....
13M
..
WASHINGTON.
District of Columbia.
Perm. Imp. 6s, g.t J.&J., 1891.
do
7s, i89i
».
Market Stock bonds, 7s, 1892.
Water Stock bonds, 7s, 190;..
do
do
7s, 1903..
..
...
..
.
107
gen. m. 7s, cp., 1S03. 100
gen. m. 7s, reg., 190*3 106* 107%
90
Oil Creek 1st m. 7s, coup.,’8L 88
jrlttsh. Tltusv. & B.,78, cp.,’96 56% 57%
Pa.& N.Y.C.& P.RR.73,’96 1 906 ill
107
100
do
do
Pennsylvania, 1st m., cp.,’80..
do
gen. m. 6s, cp., 1910.
do
gen. m. 6s, rg., 1910.
do
cons.m. 6% rg., 1905.
do
cons. m. 6s, cp., 1905.
Perl-.iomen 1st m.6s.coup.,’97
Phila. A Erie 1st m.6s, cp.,’8i.
do
2d iu. 7s, cp.,’38.
Phila. & Reading 6s, ’SO,
do
7s, coup.,’93
deben., cp.,’93
do
100-% 106%
ioe% 107
92% 93%
93
10*1
97
102%
Stony Creek 1st m.78, i9J7....
Sunbury & Erie lBtm. 7s, ’97..
do
1st m. 6s, cp., ’96.
do
1st m. 7s, ’97
Western Penn. RR. 6s, :893...
do
68 P. B.,’96
Wilm. * Read, let m. 7s, 1900*
do
2d m., 1902*...
CANAL BONDS.
Chesan. & Dela 63, reg.,’86..
Delawa-e Division 6s, cp.,’78.
o
199
80
103
100
76%
78
Lehigh Navigation 6s, reg.,’84 100
do
RR., rg.,’97 192
do
deb.,rg., 77
do
conv.,rg. *82
uo
ccnv.,g., rg.,’94 95
do
gold,'9*....
do cons. m.7s, rg.,1911
Morris, boat loan, reg., i8S5..
87
Dayton & West. 1stm.,’3i..
do
1st m., 1905
1st m.f8,1905
do
Ind. Cln. & Laf. 1st m. Ts..
do
(I.&C.) 1st m.7s,’38
Little Miami 6s, ’33
Cln. Ham. & Dayton stock...
Columbus & Xenia stock
102
102
102
102
102
104
104
104
104
104
94
100
104
100
80
95
102
x98
75
90
85
100
85
106
85
85
ICO
100
35
98
106
108
102
89
97
100
107
95
100
99
40
92
71
101
102
96
90
100
85
76
65
105
105
45
100
110
112
103%
92
100
106
112
100
101
101
45
94
5
103
103
98
95
’90
80
95
15
98
70
90
98
20
100
91
93
35
92
94
t 101
103
Dayton & Michigan stock....
do
8. p.c. st’k, guar
Little Miami stock
88%
LOUISVILLE.
104%
no
*
109
14%
98
102
do cons. m. 7s, cp.,191*. 101 ’
do cons. m. 7s, rg.,1911. 101
58
do new con. 7s, 1893...* 57%
55
Phila.* Read. C.& I. deb. 7s,92 *30
Phila. Wllm. & Balt. 6s, ’84
74
Pitts. Cin. & St. Louis 78,1900 72%
97
Shamokin V.& Pottsv.7s, 1901 91%
Steuhenv. & Ind. 1st, 6s, 1884. 31% >6%
In defnult of lnterect.
93
BONDS.
Balt. & Ohio 6s, 1880, J.&J.
do
63, 1885, A.&O
N. W. Va. 3d m..guar.,’85,J*J
Plttsh.* Connellsv.7s,’93,J&J
Northern Central 6s. ’85, J&J
do
63.1900, A.&O.
13*
*
iorH
Pittsburg & Connellsvllle..50
Washington.
Allegheny Vai., 7 3-103,189'?.. 106% 107%
do
7s, E. ext., 1910
Ten-year bonds, 6s, ’78.
Fund, loan (Cong.) 6s, g., ’92.
do
Inc. 7s, end.,’91. 41% 43
do
101
(Leg.) 6s, g., i9Q2.
Belvidere Dela. 2d m. 6s. ’8)..
ye
Certifs.of
st’ek (1823) 5s, at pi.
do
31 m. 6s, ’37..
do
(1843 ) 6s, at pi.
Camden & Amboy 6s,’83. ... 103^ 104
Ches.A O.st’k (’47) 6s, at pi...
do
bs. coup.,.’89 104% 105
Georgetown.
do
mort. 6s, reg.,’89 106% 108
General stock,8s, ;88l....
Cam. & Atl. 1st in. 7s, g., 19.33
do
97
93
6s, at pleasure
do
24 m., 7s, cur.,’SO
Bounty stock, 6s
do
Cam. & Burlington Co. 6s,’97. 102M
Market stock, 6s
do
Catawlssa 1st, is, conv., ’82..
Board of Public Works—
do
chat, m., 10s, ’88 .-.
Certlfs. gen. imp. 8s, ’77-78.
do
new 7s, 1900
102% 103*4
102
do
Series
100
Connecting 6s, 1900-1904
Certlfs. sewer, 8s, ’74-77
Dan. H. & Wilks., 1st., 7s, ’37*.
Delaware mort., 6s, various..
CINCINNATI.
98
Del. & Bound Br., 1st, 7s, 1905 90
t
Cincinnati 6s
103
102
East Penn. 1st mort. 7s, ’88
do
7s
t
105
E1.& W’msport, 1st m., 7s, ’80. 103
do
7,30s
f
1st m., 5s,perp.
do
do
RR.
South.
7*308.t
104
6s,
Harrisburg 1st mort.
’83..
do
do
6s, gold.
H. & B. T. 1st m. 7s, gold, ’90.
Hamilton Co., O., 6s. long...t
do
2d m. 7s, gold, ’95.
no
7s, 1 to 5 yrs..t
40
do
3d m. cons. 78,'95*. 35
do
7 & 7'30s,long.t
Ithaca* Athens 1st, gld, 7s.,’90
Cln.& Cov. Bridge st’k, pref.
Junction 1st mort. 6-«, ’82.
Cln. Ham. & D. 1st m. 7s, ’30..
do
2d mort. 6s, 19J0
2dm. 7s,’35..
do
Lehigh Valley, 6s, coup.. 1898. 109
Cln. Ham. & Ind., Ts, guar....
110
iVo'% Cln.
do
68, reg., 1893.
& Indiana 1st m. 7s
112
do
78, reg., 1910.
do
2d m. 7s,’)7...
97% Colum.
do
con. m., 6s.rg.,1923 97
& Xenia, 1st m. 7s, ’90
Little Schuylkill, 1st m. 7s,V2 102 Vj
Dayton & Mich. 1st m. 7s. ’81.
North. Penn. 1st m. 6s, cp.,‘85. 106% 107%
do
2dm. 7s, ’34.
no
do
2d m. 7s, cp.. ’96. 109
do
3d m. Ts, ’83.
10*
112
16%
125
Peansylvania
Schuylkill Navigation
do
112M 112%
1«1%
Baltimore Gas certificates...
Chesapeake & Delaware
Delaware Division.
112
112
railroad stocks.
37%
,
Ill
111
do
31%
a
35
21
Huntingdon* Broad Top...
West Jersey 6s, deb., coup.,’83
.....
101
7%
..
87
Maryland 6s, defense, J.& J.
RAILROAD STOCKS.
Cimden * Atlantic
do
do
pref
Catawlssa
do
pref
United N. J. cons. in. 6s. ’94.
Warren & F. 1st m.7s, ’9>....
West Chester cons. 7s, ’91.
Burlington & Mo. In Neb
Cheshire preferred
Cln. Sandusky & Clev
_
do
121%
U*% Boston & Albany
...
Boston
6s,’63
STOCKS.
Vermont 6s
Massachusetts 5s, gold
_
Ask.
SECURITIES.
.
53
.
BALTIMORE.
105%
112
6s, new, reg...
90
Allegheny County 5s, coup..
Pittsburg 43, coup., 1913.
81
do
5s, reg. & cp., 1913
do
6s, gold, reg
do
7s, w’t’rln, reg.&c 101541
do 73, str. Imp., reg., ’83-86 *82% 91
do
N. Jersey 6s, exempt, rg.&cp
Camden County 6s, coup
Camden City 6s, coupon
do
7s, reg. & coup
Delaware 6s, coupon..
Harrisburg City 6s, coupon
95
68
2dm. 6s. 190.
m.6s,’95....*
6s, Imp., ’80
do
6s, boat* car, 1913
do
7s, boat * car. 19
Susquehanna 6s, coup.. 19.8.
1?#
6s, 10-15, reg., 1 •’77-’82
6s, 15-25, reg., 1832-’92
Philadelphia 6s, old, reg....
do
do
do
*05*
Nav. 1st m.6s, ’97.
do
do
do
104
Penna. 5s, g’d, lnt.,reg. or cp
do
5s, cur.,reg ...
107%
do
5s, new, reg., 1892-1902
7,500
132,400
124,500
Schuylkill
STATE AND CITT BONDS.
38,000
Ask.
Pennsylvania 6s, coup., *.910..
PHILADELPHIA.
tion.
1.311.400
783,000 1,094,000
330,803 1,368,000
549.203
59.300
450,000
241.600
509.900
25,500
111,100
298.600
616.700
203,400
19.700
Circula¬
$
7,126,000
4,089,300
5.234.100
4.810.400
2.702.700
6,S33,6)0
$
$
$
7.907.300 1,253,500 1.167.500
765.300
5.678.800
478.800
796,000
919.400
7,Oil,ICO
667.800
6,312,000
635.400
400.800
224.700
4,218,000
8.676.500 1,068,400 1.246.500
367,0C0
241,000
2,633,000
5.757.600 1,224,700 1,313,000
66,600
309.300
3,063,000
304.900
123.800
1.851.800
542.700 2,237,805
9,2)6,600
422.500
285,500
3.192.100
412,200
247,000
2.406.600
162,000
68,000
1,480,000
215.900
21,100
1,602,000
3,000,000
2,050,0:0
New York.....
Manhattan Co
Legal
Net
Specie. Tenders. Deposits.
Bid
SECUBITIE8.
Louisville 7s
do
6s,’82 to ’87
6s, ’97 to ’9i
do
do
+
t
water 6s,’37 to ’89 +
water stock 6s,’97.t
do
97
97
97
97
97
97
98
98
98
98
98
98
wharf 6s
t
do
do
spec’l tax 6s of ’39 A
Jeff. M.&I.ist m. (I&M) 7s,’8lt
do
2dm., 78...
71% 72
do
1st m.,7s, 1906—t 100
100%
112
Loulsv.C.& Lex. 1st m. 7s,’97. 111
Louis.* Fr’k.,Loulsv.In,6s,’8l 100
no
100%
Loulsv. & Nashville—
97
03
85
Lcb. Br. 6s. ’86...
t
98
1 st m. Leb. Br. Ex.,7s,’80-!r5.t
97
Lou.In.
do
6s,’j3...f 98
98%
100
Consol. 1st m. 7s, ’93
95% 96
100% i Jefferson Mad. & Ind
77
'38
38%
; Louisville & Nashvl le
80
93
! Louisville Water 6s, Co. 19071 98
104
103
ST. LOUIS.
68,l0' g
t
water 6s, gold
t
do
do
new.+
bridge appr., g. 6s t
St. LOUlS
do
do
d»
do
103
106
106
HO
renewal, gold, 6s.t 106
sewer, g. 6s, ’9 -2-3.f 100
St. Louis Co. new park,g.6s.+ 100
do
cur. 7s
t
ao
99%
88
St.L.A SanF.RU.bd8, ser’sA
do
do
do B
do
do
do C
t And interest..
SO
27%
25
104
107
107
107
107
107
107
53
30
30
454
THE
QUOTATIONS Ob"
U. 8. active Bonds and Railroad Stocks
Bid. Ask.
iTOTTBITDEB.
State Bonds.
AiaoAma 58, 1883
do
58, 1885
...
•
•
*
„
^
,
...
.
....
.
•
.
•
•
•
•
•
.
•
•
•
....
....
98*
Georgia 6s
do
7«, new bonds.... 1U6*
do
7s, endorsed.
105*
do
7s, gold bonds... V 5*
Illinois 6s, coupon, 1879... 102
99*
107
107
...
War loan...
do
Xrf>u.l8lana 6s
do
68, new
104
102
102
53
53
53
53
Kentucky 6s
....
-
6s, floating debt
7s, Penitentiary
6s,levee ...
8s, do
bs, do 1875
8s, of 1910..
7s, consolidated
7s, small
Michigan 6s, 1878-79
do
6s, 1883
do
7s, 1890
Missouri 6s, due 1877
do
do
do
do
do
do
-do
do
....
-
87*
84
102
105
109
ttff
*
117
....
108
....
10‘8
IT*
Funding act, 1866
1868
18*
18
i07*
Sew bonds, J. & J
A. & O.
do
6*
Special tax, Class 1.
2
•
•
„
•
•
^
T
...
*
6*
Class d.
Class 3.
Albany & Susq. 1st bonds...
do
2d
do
3d
do
1st cons, guar
Rens. A Saratoga, 1st coup.,
do
istrezlsi/d.
2*
1*
....
104
*
ll'H
.
107
HI*
111*
Erie, 1st mort., extended
*
*
_
.
*
f
....
40
30
30
30
40
40
32
f
do
do
endorsed
do
2d mort., 7s, 1879
do
8d
do
105
7s, 1833
105
do
4th do
7s, 1830
101*
do
5th do
7s, 1888
do
7s, cons., mort., g’d bdB..
do Long Dock bonds
109*
Buff. N. Y. & E, 1st. m., 1877... 102*
do
do
large bds.
102*
do
do
new bds, 1916
108
Han. & St. Jo., 8s, conv. mort. 83* -34
Illinois Central—
.
do
do
equip’t Ponds,
con. convert...
do Ex. Nov.,’78,& prev’s
Great Western, 1st m., 1888..
do
ex coupon.,
do
2d mort., ’93.
do Ex A Nov.,’77,coup.
Quincy & Toledo. 1st m., ’90..
do ex mat. & Nov.,’77,con.
do
Cedar F. &
do
51*
38
91*
74*
62*
Illinois & So. Iowa, 1st mort
do
ex coupon
75
Han. A Cent. Missouri, lstm
Pekin Llnc’ln & Dec’t’r.lst m
Western Union Tel., 1900, coup
do
do
reg.... 104
Miscellaneous List.
(Brokers' Quotations.)
CITIES.
Albany, N. Y., 6s, long
110
Water, long
113
......f 110
Chicago 6s, long dates
t 100
103
do
78, sewerage
+ 106* 107*
do
78, water
t 107
103
do
7s, river improvem’t + 106*
Cleveland 7s, long....
+ 107* 111
Buffalo
...
Detroit Water Works 7s
Elizabeth City, 1880-95
do
1885-93.
Hartford 6s, various
t 108
t 95
t 94
Indianapolis 7-30s
.t
Long Island City
Newark City 78 long.
t
t
Water is, Hong... 1
Oswego 7s
f
Poughkeepsie Water
t
Rochester C. Water bds., 1903+
Toledo 8s. 1877-’S9
t
Toledo 7-30s
Yonkers Water, due 1903
do
RAILROADS.
106
105
97
109
111
103
109
110
109
102
107
* * *
2d dlv.
Minn., 1st mort..
Indianap. Bl. A W., 1st mort...
ttt
T
f
»
*
....
Cennessee 6s, old
do
6s, new
do
6s, new series..
Virginia—
6a, old
6a, new bonds, 1S66..
(a,
do
1867..
,
6a,consol, bonds...,
# m
96
96
109
110
100
110
115
105
111
113
no
112
112
112
XJIeve. Col. CIn. & I
Cleve. & Pittsburg, guar..
Col. Chic. & I Cent
Dubuque & Sioux City.
Erie pref
Indianap. Cln. & Laf
Joliet & Chicago
Long Island
Louisville & Nashville....
*
*
Dixon Peoria & Han. 8s.
O. O. & Fox R. Valley 8s
ill
110*
110*
...
Illinois Grand Trunk....
Chic. Dub. & Minn. 8s
Peoria & Hannibal R.
Chicago & Iowa R. 8s8b.
American Central 8s
20
..
50
15
do
do
Lake Shore—
Mich S. & N.
101*
20
27
6
75
62*
103
101
.
....
.
...
do
ii'9*
do
do
do
Penn. RR—
Pitts. Ft. W. A
"26
10
American Coal
Consolidate Coal of
Mariposa L. & M. Co.
do
do
Cumberland Coal & ]
....
....
..
24*
24*
Hailroad Bonds.
..
do
lncomi
2d mort
income, 7s.
IstCaron’tB
'
'll*
‘28
.
.
.
#
114
102
13*
60*
30
32
'94*
'91*
92
.
Chic., lstm..
do
do
2dm..
do
do
3d m..
Cleve. A Pitts., consol., s.f..
do
4th mort
Col. Chic. A Ind. C., let mort
do
do
2d mort
Rome Watert’n & Og.,con. lBt
St. L. A Iron Mountain, 1st m.
do
do
2d m..
St. L. Alton & T. H.—
Alton A T. H., 1st mort
do
2d mort., pref..
do
2d mort. lnc’me
Belleville A S. 111.11.1st m. 8s
Tol. Peoria A Warsaw, E. D...
do
do
W. I).,
do
do Bur. Dlv.
do
do 2d mort..
do
do consol. 7s
..
■
Chicago * Alton 1st mor
Sinking fund...
.
114
!00
110
do
do
do
do
6s, do F.&A., 1895.
7s, Leaven, br.,’96..
Incomes, No. 11....
do
No. 16....
Stock
Keokuk & Des Moines 1st 7s..
do
funded int. 3s
Lake Sup. A Miss, let 7s, gold.
Leav.Law. & Gal. 1st in., 10s..
Logans. Craw. & S. W. 8s, gld.
Long Island RR., let mort.
Louisv. A Nashv. cons. m. 7s.
do
2dm., 7s, g..
Michigan Air Line 8s
*+
Montclair & G. L.ist 7s.
do
2dm. Vs
Mo. K.& Tex. 1st 7s, g., l904-’06
do
2d m. income...
N. J.Midland 1st 7s,gold......
do
2d 7s
'7. Y. Elevated RR., 1st m
N. Y. & Osw. Mid. 1st
do
2d 7s, conv.
do recclv’s ctfs.(labor)
do
do
(other)
...
106*
108
38*
46* '50
100
53
105
33* 84*
68
+ And
*
accrued Jots.-est.
Price nominal.
...
...
consol. 6s...
....
railroad, 6s
imp’ts, 7-30
wharf
Petersburg 6s
6s
Savrnnah 7s, old....
(io
Ts new.
Wllm’ton,
do
n’.C., 6s, goldj coup
8s,gold)
on.
RAILROADS.
Ala. & Chatt. 1st m. 8s, end
Ala.& Chait. Kec’ver’s Cert’s.
Atlantic & Gulf, consol
do
end. Savan’h.
do
stock
do
do
guar...
Carolina Central 1st m. 6s, g...
Central Georgia consol, m. 7s.
do
stock
Charlotte Col. & A. 1st M.7s..
do
do
stock......
Cheraw & Darlington os
East Tenn. A Georgia 6s
East Tenn. & Va. 6s end. Tenn
E. Tenn. Va. & Ga. 1st m. 7s...
do
do
stock
Georgia RR. 7s
*...
do
stock....
Greenville & Col. 7s, 1st mort.
do
7s. guar.
Macon & Augusta bonds..
do
2d endorsed.
do
stock
Memphis A Charleston 1st 7s..
4*
75*
..
Montgomery
* West P.
Mont. &
1st 8s.
Eufaula 1st 8s, g., end
Mobile & Ohio sterling 8s
do
do
do
88
98*
do
cert. 6s
ex
8s, Interest
2d mort. 8s
iN. Orleans & Jacks. 1st
m.8s.
Certificate, 2d mortg. 8s
iNashville Chat. & St.L. 7s....
Nashville & Decatur, 1st 7s....
Norfolk & Petersburg 1st m.8s
do
do
....
Pacific R. of Mo., 1st mort...
70
8s
do
do
do
Norfolk 6s
..
....
‘
do
guar.
"Bur. C» R & North., 1st 5s.
Cbeta A Ohio Hr, 1st m..
do
ex con
Charteston stock 6s
Charleston. S. C., 7s, F. L. bds.
Columbia, S. C., 6s
Columbus, Ga., 7s, bonds
Lynchburg 6s
Macon bonds, 7s
Memphis bonds C
2d 7s...
stock..
Memphis & Little Rock 1st m.
Mississippi Central 1st m 7s...
I
do
2d m. os
'
....
8s
waterworks...
do
do
....
••••
103*1
94*;
97*
•
..
....
.
Maryland Coal
Pennsylvania Coal
CITIES.
i01* Richmond
"1H
...
97*
Nashville 6s, old
101*
do
6s, new
101* New Orleans prem. 5s
...
Carthage & Bur. 8s
....
....
Missouri Kansas & Texas.
Hew Jersey Southern
Hew York Elevated RI4..
N. Y. New Haven & Hart.
Ohio & Mississ ppl.pref
\PtUa. Ft. W. & Cn., guar.,
do
do
special.
Bensaelaer & Saratoga.
Borne Watertown & Og.
at. Louis Alton & T. H
do
do
pref
Belleville* So. Ill., pref.
fit. L. 1. M & Southern....
4tt.L. K. C. &
North’n,prel
JTerre Haute & Ind’polls
Toledo Peoria & Warsaw.
bulled N. J. R. & C
Warren
Georgia 6s, 1878-’86
40
70
40
(coups, on).
6s, funded
Montgomery 8s
‘
....
Class B
Class C
South Carolina new consol. 6s.
63
Texas 6s, 1892....
99
M.&S
do
7s, gold, 1892-1910. J.&J. no*
do
78, gold, 1904
J.&J. in
do
68, gold, 1907
J.&J.
do 10s, pension, 1894.. J.&J. 103* 105
do
do
.
*
consols, Class A
do
do
do
bonds A A B
do
end., M. & C. RR
Mobile 58 (coups, on)
..
Central Pacific
do
do
do
do
•
Chicago & Alton
do
pref
new
Augusta, Ga., 7s, bonds
■
Albany & Susquehanna..
STATES.
Alabama
HO*
~74*4 ■74*
ttallroad Stocks.
(Active preti'usly quot'd..
Southern Securities.
(Brokers' Quotations.)
iio
....
6a, ex matured coup
6a, consol., 2d series
6a, deferred bonds..
84
Atlanta, Ga., 7s
Chicago Clinton A Dub. 8s....i
Chic. A Can. South 1st m. g. 7s.
2d mort...
Ch. D. & V., I. dlv., 1st m. g. 7s.
1*
Chic. Danv. & Vlncen’s 7s, gld
45* 47
109
110
Chic A Mich. L. Sh. 1st 8s, 739.
Ind., S.F., 7 p.C.
44* 47
Cleve. A Tol. sinking fund, 108*
Chic. & S’thwestern7s, guar..
44*
do
new bonds....
Cln. Lafayette & Chic., let in..
02*
Cleve. P’ville A Ash., old bds 104
105* Col. & Hock V. 1st 78, 30 years,
31
do
do
new bds
107
do
let 7s, 10 years,
31
Buffalo A Erie, new bonds... 107
do
2d 7s, 20 years..
31
Buffalo & State Line 7s
105
Connecticut Valley 7s
72
Kalamazoo A W. Pigeon, 1st 85
Connecticut Western 1st7s....
60* 62
Det. Mon. & ToL.lst 7s, 1906. 105
Dan. Urb. Bl. & P. 1st m. 7s, g.
43
47
Lake Shore Dlv. bonds
Denver Pac., 1st m.7s, ld.gr.,g.
106*
0
5*
do
Cons. coup.. 1st. 109
109* Denver A Rio Grande 7s, gold.
74
74*
do
Cons, reg., 1st., 107* 107* Des Moines & Ft.
Dodge 1st 7s.
na
do
Cons, coup.,2d., ur-ic,
Detroit & Bay City 8s, end.. .*+
98
97-?
Cons, reg.,2d.... 973do
Dutchess & Columbia 7s...
Marietta A Cin. 1st mort
83
Erie & Pittsburgh 1st 7s.
Mich. Cent., consol. 7s, 1902.... 104* 104*
do
con. in., 7s..
70
do
1st m. 8s. i882, s.f.
110
do
7s, equip...
do
85
Evansville
A
equipment bonds.
Crawfordsv., 7b. 100
New Jersey Southern lstm. 7s
76*
*50
Evansville Hen. A Nashv. 7s... 30
do
do
consol. 7s
Evansville,
T. H. & Chic. 7s. g. *50
N. Y. Central 6s, 1883
41
103
i04
Flint & Pcre M. 8s,Land grant. *73
do
6s, 1887
79* 79*
105
107* Fort W., Jackson A Sag. 8s, ’89
do
6s, real estate... 102
Grand K.& Ind. 1st 7s, l.g., gu.
4*
56
do
6s, subscription, 101
do
istls, 1. g.,notgu.
do A Hudson, 1st m., coup
do
1st ex l.g. 7s.
119*
do
do
lstm., reg..
Grand River Valley 8s, 1st m..
Hudson R. 7s, 2d m., s.f., 1885 112* il4
Houston A Gt. North. 1st 7s, g.
Harlem, 1st mort. 7s, coup... 116*
Hous.A Texas C. 1st 7s. gold..
do
do
7s, reg.... 116
do
117
consol. bds
North Missouri, 1st mort
101* 102* Indianapoli & St. Louis Jlet 7s
Ohio
A
~T*
Miss., conBOl. sink. fd. »1* 95
A Vlncen. Ist7s,rgr..
Indianap.
do
consolidated....
International <.Texas) let g
do
2d do
154
Int. H. & G. N. conv. 8s....
54* ’56
1st Spring, dlv..
do
Iowa Falls A Sioux C. 1st 7s...
91
Pacific Railroads—
Jackson Lans. & Sag. 8s, 1st m
70
Central Pacific gold bonds
106* 106*: Kal. Allegan. A G. li. 8s, gr...
do San Joaquin branch 34*
97
35* Kalamazoo & South H. 8s, gr.t
do Cal. A Oregon 1st
Kansas City & Cameron
86*
do State Aid bonds
"5
Kansas Pac. 7s, g.,ext. M&N/99
14
do Land Grant bonds..
10
do 7s, g., I’d gr.,J&J,’80
Western Pacific bonds.
do 7s, g.,
101* 102
do M&S,’86
Union Pacific, 1st mort. b’ds 106
do 6s, gold, J.&D., 181)6
100*
do
Land grants, 7s.
do
7a of 1888
Non-fundable bonds
-
do
do
class C.
South Pacific Railroad,1st rc
St. L. & So’eastern 1st 7s, gold.
St. Louis Vandalia & T. IL 1st.
do
2d, guar
Sandusky Mans. A Newark 7s.
Sioux City & Pacific 6s
South Side, L. I., 1st m. bonds.
do
sink. fund...
South. Cent, of N. Y. Is, guar.
Southern Minn. 1st mort. 8s...
do
7s. 1st
So. Pac. of Cal., 1st •* A” 6s, g..
Tol. Can. So. A Det 1st 7s, g.
Union & Logansport 7s
Union Pacific, So. branch, 6s,g
West Wisconsin 7s, gold
Wisconsin Cent., 1st, 7s
jllO*
.
Atchison & Nebraska, 8 p. c...
Atchison & P. Peak, 6s, gold..
Boston A N. Y. Air Line. 1st m
Bur. C. R. & N. (Mil.) g. 7s....
Bur. A Mo. Riv., land m. 7s...t
do
3d S., do 8s...t
do
4thS.,do8s...t
do
5th S., do 88...t
do
6th S., do 8s... t
Cairo & Fulton, 1st 7s, gold...
California Pac. RR., 7s, gold
do
6s, 2dm. g.
Canada Southern, 1st m. c iup.
do
with int. certlls
Central Pacific, 7s, gold, conv.
Central of Iowa lstm. 7s,gold.
Chesapeake A 0.2d m., gold 7s
Keokuk & St. Paul 8s
^ -*■
Quincy & Warsaw 8s
Bid. All.
....
73
Nov.,’77, coup,
..
Dubuque & Sioux City,lstm.
t
Ex &
SECURITIES.
North. Pac. 1st m. gld. 7 3-10?..
Omaha A Southwestern RR. 8s
Oswego & Rome 7s, guar
jPeoria Pekin & J. 1st mort,...
Peoria & Rock I. 7s, gold
Port Huron & L. M. 7s, g. end.
'Pullman Palace Car Co. stock.
do
bds.. 8s, 4th series
Rome W’town A Og.lst m.con.
St. L. & I. Mt. (Ark. Br.) 7s, g.
St. L. & San F., 2d in., class A.
do
do
class B.
..
109
.
July
April & Oct
Funding act, 1865...
Land CM 1839, J. & J
Land C., 1889, A. & O....
97*
i*C4*
....
1*
6«
Jan. &
95*
-<><1 morr,
do
‘
do
„
do
'§7*
do
t
7*
Ohio 6s, 1831
do 6b, 1886
Rhode Island 6s
Ooutb Carolina—
'
....
17
70
70
50
50
8
do coup, off, J. & J..
do
do
off, A. & O.
do
do
.!!!
115
115
lol. A Wabash, ex coupon.
do
lstm.St.L. div.
do
ex-matured coup.
83
..
il5
J. & J....
..A.& O,...
do
•
«
Bid. Ask.
SECURITIES.
104*
m
Jhlc. Bur. & Q. 8 p. c., 1st m...
116
do
do consol, m. 7s LI I
111*
do
5s slnk’g f’d. A.&O. h9
Jhlc., Rk.Isl. & Pac., 1st m. 7s 107*
do
8. F. Inc. 6s, ’95
106*
do
6s, 1917, coupon, 107* 107*
do
6s, 1917, regist’d 107*
Jentral of N. J., 1st m., new...
iia
do
do
let consol
63*
do
do
62
con.conv
Lehigh A Wilkes B. con.guar 27
28
Am. Dock & Improve, bonds
50
* 3h. Mil. & St. P. ist m.
115
8s, P.D 114
do
do
2d m. 7 3-10, do
93* 98*
do
do
1st 7s, gd., K.D.
do
do
1st 7s £
do
do
do
lstm.,LaC.D. 104
do
do
lstm., I.&M.D. 95
do
do
Ist m., I. & D..
91
do
do
1st m., H. & D. 91
do
do
lstm., C. & M.. 102*4 103*
do
do
1st m., consol.. 91J
92
do
do
2d m
90]
Chic. * N. Western sink. fund. 108
do
do
int. bonds. 108
do
do
consol, bds 106*4
do
do
ext’n bds..
do
do
1st mort...
108
do
do
cp.gld.bds.
93*
do
do
93
93
reg. do
Iowa Midland, 1st mort. 8s.
100
Galena & Chicago Extended. ios
Peninsula 1st mort.,conv... 105
Chic. & Milwaukee, 1st mort 107*
Winona & St. Peters, 1st m...
do
2d mort.
C. C. C. & Ind’s 1st m. 7s, S. F.. 106
107
do
consol, m. bonds
Del. Lack. A Western, 2d m... ibH
do
do
7s, conv. 102
Morris & Essex, 1st. m
114
do
2d mort
105
do
bonds, 1900....
do
construction,
do
96
7s, of 1871
97*
do
1st con. guar.
87
Del. A Hudson Canal, lstm.,’84 98* 99
do
do
1891 101
do
do coup. 7s, 1694 96
do
do
reg. 7,1891 96*
i
...
A. & O
..
a
1887
loan...1883
do ..1891
da, do
do .1892
8a, do
do
.1893
6a,
do
Gtofth Carolina—
da, old. J. & J
do
9
....
do
do 1837. 106
Stow York Stateda, Canal Loan, 1877
dal
do
1878
«s, gold, reg...,1887....
S.C. RR
do
O
„
...
53
53
5
.
coup..
Q
„
....
101*
do
do
1878
101*
107*
Funding, due 1894-5...
Long bonds, due ’32-’90. 106*
Asylum or Un.,due 1892. 106*
2Lan. & St. Jos., due 1886. 106
do
do
O
53*
St.L.Jack.A Chic.,1st
#
®
1?
-
....
•
Ask.
'
40
•
Bid.
[VOL. XXV.
BONDS IN NEW YORK.
Prices represent the per cent value, whatever the
par may bt
on a
SKOUBITIES.
40
do
40
8s, 1886
40
do
8a, 1888
do
8s, M. & E. RR.
do
8s, Ala. & Ch.K.
do
8s of 1892
20
do
8s of 1893
20
30
Arkansas 6s, funded
24
do 7s. L. R. & Ft. S. lss
5*
do »3 Memphis & L.R.
5*
do 7s,L. R.P. B.&N.O
5*
do 7s, Miss. O. & R. R.
5*1
do 7s, Ark. Cent. RR...
5*
no
Connecticut 6s...,
•
STOCKS AND
previous page.
quoted
Joliet & Chicago, 1st m
La. & Mo., 1st in., guar
-
.
are
CHRONICLE.
2d
do 7s
m. 8s
Northeastern, S. C., 1st
do
m. 8s..
2d m. 8s..
Orange & Alexandria, lsts, 6s.
do
2ds,6s..
do
8ds,8s...
do
4ths,8s..
80
96*
87
50
Rlchm’d & PeterBb’g 1st m. 7s.
Rich. Fre’ksb’g & Poto. 6s..
do
do mort. 7s
Rich. & Danv. 1st consol. 6s...
Southwest RR., Ga ,conv.7s,’86
S. Carolina RR. 1st m. 6s
do
78,1902.
do
7s, non mort.
*
do
stock
Savannah & Char. 1st M. 7s...
Charleston & Savan’h 6s, end
West Alabama 2d m.8s, guar.,
do
lstm. 8b
*
PAST DUE COUPONS.
Tennessee State coupons
South Carolina consol
Virginia coupons
ao
consol, coup
MemDhls City Coupons........
•
Price nominsl
45
NoykvBsb 10,
THE
1877.]
CHRONICLE.
46i>
NEW YORK LOCAL SECURITIES.
Bank. Stock List.
“
Capital.
Companies.
i:— 1Par
1
®
P 4) «
-<U
P
A
Amount
Dividends.
cn as
0
Period 1875
l
'
America*..... .
American Exch
.
10(
10 1
10
Prior
\s76
Last Paid.
9
7
12
July 2,11... i
Nov 1,77.. 2
July 2, 77.. 6
3,000,001 1,668,0(X J. & J. .10
.
.
•••<
*
UK i
136
104
|138
^Etna
American
American Exch’e.
........
.
•
.
Amity
Arctic
Atlantic
*
'
,
,
,
,
,
.
.
p
f
p
$•
*
.
.
•
•
•
•
•
•
.
•
.
Franklin
Gebhard
*
•
.
.
t
German-American
Germania
Globe
Greenwich
.
..
Guaranty
Guardian
Hamilton
Hanover
Hoffman
Home
Howard
Importers’* Trad..
Irving
Jefferson
..
<
North River
Pacific.....
100
100
40
50
too
Tradesmen's
Onion
West Side*
900,000
£00,000
1,000,000
1,000, OOf
1,500,000
00 M.&.N.
S’ovlO.’77.3k
17,700 r. & j.
196.900 J. & j.
380,500 r. & j.
765,300 Vl.&N.
80,600 j. T. & J.
200,000
8
to
10
8
Cooper.
People’s
Phenix (B’klyn)
1
Jan.2 ’74.2kg
8
Park
Peter
Produce
Relief
July 2,77.. 3
July 2,77...4
Nov 1,77 ..4
July2. 77..4
10
9
8
Companies.
Brooklyn Gas Light Co
Citizens’Gas Co (Bklyn)
do
25
‘20
1000
certificates
Harlem
Manhattan
Metropolitan
certificates
bonis
do
Mutual,N. Y....
do
100
1000
bonds
Nassau, Brooklyn
do
25
scrip
New York
var
•
People’s (Brooklyn)
do
do
Central
do
do
bond*
certificates..,
of New York
Williamsburg
do
2,000,000
1.200,000
Var.
Var.
1,000,000 F.& A.
1,000.000
Var.
7(10,000 M.&N.
4,000,000 M.&N.
1,000,000 J. & J.
325,000 F.&A.
var
300,000 J/& J.
466,000 F.& A.
1,000,000 Quar,
1 000,000 J. & J.
1,000,000 M.&N.
1,5CO,0< 0
50
scrip
Quar.
100
10
10CC
50
var
Metropolitan. Brooklyn
Municipal
5,000,000
1(0
110
3k Aug.1,77.
5
July 1, 77
5
Novi, ’77
5
JuDe, 77.
3k June, 77.
3k
,
Second Avenue—stock
1st mortgage
3d mortgage
Cons. Convertible
Extension
Axlh Avenue- stock
1st mortgage
Rfrd Ave.nue—stock
1st
mortgage
Twenty-third Street—stoCK
Istmortvaffe
1000
100
500
100
1000
1000
1000
500 &C
toy
1000
100
1000
100
tn 0
This column shows last dividend
on
200,000 \i. & N.
250,COO
500,000
1,199,500
2’0,000
150,000
770,000
200,000
759,000
llSiOOO
J. & J.
Q.-F.
J.&D.
A.&O.
M.&N.
A.& O.
M.&N
J. & J.
2,000,000 Q-F.
2 000,000 J. & J.
600,000 J & J.
‘><yl f>vi
M.&N.
87 k
123
102
72
71
,
*
7
J uly,
78
90
x7S
June,1884
100
3k May,
'77
7
3
3
7
’7?
Nov., ’60
Apl
Oct , ’76
1888
2k Jan.. ’77
7
2
7
6
7
5
7
3
I960
’77
3k Jan.,
7
1
Dec. ,1902
Feb.. ’77
June, ’93
Jan
’77
Jan., ’S4
May. *77
April, ’93
,
...
1st mortgage
133k
108
103
95
103
£0
100
125
45
93
85
Broadway.]
•
Bouston.West st.APav.F'2/—stk.
2!5
2k Oct.15,77,
3kg Aug., ’o2.
3
Jan., *77.
3k No* 1,77.
5
Nov 1,77.
3k Jan., 76
95
3k
0k Jan., ’77.
75
3* Aug. 1/77.
50
2k July, 77. 117
3k Jan., 77.
99
2k May20/77
b7k
.....
mortgage
1(0
10J
170
12
r
.
190
7
2
7
7
7
7
5
7
5
7
4
7
stocks but the date of
Sterling
Nov.,uoi
Julv.1894
April, ’71
Dec., ’77
April, ’ 5
May, ’88
Oct., ’83
May. *71
July, 1390
30
14
10
20
15
15
;o
12
12k
19
10
12
.
-
10
135.012
317,639
12k
15
29
50
112,297 20
509,394 10
105.686
10
20
>0
10
10
.
41.293
5
7
10
10
20
10
16
+157,018
15
110.327
7
185.465 10
293,659 10
815.907 20
162,034
10
65,715
5
194.0C2
7
20
10
10
10
20
10
10
17
20
20
10
20
20
125.41!
229.503 20
128,169
341,235 26
260,514 18
10
20
10
10
10
10
12
12
10
10
20
10
20
10
10
20
>0
11
10
20
10
10
10
10
12
12
13
10
20
20
20
10
10
16
10
10
14
30
10
10
20
20
20
12
20
20
10
10
15
7
10
20
20
10
10
10
7k
73,175
14
30
•20
10
20
20
25
16
20
20
none
22,630
500,391 10
132,714 12
410,076 20
139.085
•
10
10
12
30
20
10
10
12
70
20
20
18
18
219.330 20
219.433 20
20
10
11
15
L0
10
16
10
14
10
12
150,550 5
59.560 10
163,250 6
151,936 5
10
13
10
14
10
10
25
t
15
10
20
25
16
I1 10
20
20
20
16
L8
20
•-*•«•**
!
5
6
5
6
6
7
6
5
6
Feb., May Aug.* Nov.
Imprbvement stock.... 1869
6
do
do
7
6
6
7
6g.
6
var.
do
do
do
do
do
do
do
do
May & November.
Feb.,*Iay Aug.&Nov.
do
do
do
do
May & November.
Feb.,May, Aug.& Nov.
May & November,
do
do
do
do
do
do
do
do
do
do
do
10)
ion
tn5
maturity of bonder
120
K‘
118100>
50
114
no
125
275
60
117
180
300
r
80
138
117
90
101
July,’77..l0
July, ’77. 5
Tuly, ’77..5
July,’77..5
July,’77..5
July,’77...6 11C
July, ’77..6 107
85
July,’77. .5
Sept.,*77..5
July. ’77.10 170
95
July. ’77..5
July, ’77.10 140
•
July,’77..5
Juiy, ’77..5
1
m
m
92
ISO
102
155
110
95
Ju y, ’77.10
July, ’77..5
July, ’77..6
July, ’77.10
July, ’77.10
July, ’77,10
July, ’77. .5
July, ’77.10
June,’77..8
July, '77.10
July, ’77..6
July,’77.10
-Aug.,’77.,7
-
r
92
150
122
100
107
90
116
102
150
85
ISO
130
163
U0
95
150
(6
140
140
95
170
140
_
y
180
r.O
ISO
135
TTr
do
Water loan.
City oonas
6
6
;•(«•••••
7
..
do
.
Park bontis
.......
6
6
6
January & July,
iio
2)5
120
ISO
200
.
150
Aug., 77.10
165
115
155
o795
85
60
105
180J
••••**-
10c
July ,’77,6*23 117
July,’77.7k
90
Aug ,*77..5
July, *77. S- 140
July, ’77. 8 153
July, *77..8 150
1877-80
1877-79
1891)
1883-90
1884-1911
1884-1900
1907-11
1877-98
1877-95
1901
1905
1878
1894-97
1889
1879-90
1901
1888
1879-82
1896
1891
-
f
w
129
95
160
.
.
.
-
.
do
do
do
do
do
do
do
do
do
do
uo
do
v'OTI<1b
1903
1915
1902-1905
1881-95
May & November.
<\o
January
do
880-83
do
a
1880
1924
July,
do
907-191C
bonds flat.
[Quotations by C. Zabriskik. 47 Montgomery St
Jersty City—
Watei loan, long
6
January & July.
do
1869-71
7
January & Juiy.
Sewerage bonds
7
1866-69.
do
do
Assessment bonds... 1870-71.
7
Jan. May, Jul y & Nov.
Improvement bonds
7
J 66 J. and J & D.
Hi'KW'Il
102102
164
105
10*.
118 ->
107
ICO* I
101
11*
101
102
119
105
117
112
105
108
111
107
si.I
1878-80
1881-95
1915-24
7
•uiuuarv
and Jnlv;
.,
102
105
116
116
116
106
101
110
lirt
117
106
106
108
US
Ai
l’B
118
its
112
09
in
109
Jersey City.]
1895
1899-1902
1877-79
1891
1905
1900
.
117
195
115
50
SO
115
118
240
«
7
Bridge bonds
Brldg*
M«v.
f
Bid. lAsk*
January & July,
7
7
7
7
••
•Ah'Br«jOKlyn
160
2 5
125
-
Prick
Months Payable.
7
do
130
Q
Bondsdue.
Rate.I
Ntw York:
Water stock
1841-63.
do
1S54-57.
Croton water stock. .1845-51.
do
do
..1952-60.
Croton Aqued’ct stock.1865.
do
pipes and mains...
do
reservoir bonds
Central Paik bonds. .1853-57.
do
no
..1853-65.
Dock bonds
1870.
do
1575.
Floating debt stock
1860.
Market stock
1865-68.
Kings Co. bonds
95
C
-
183
150
145
65
65
....
Aug.,’76. .5
July. *77..5
July, *77.15
July.’77..10
July, ’77.10
Jan.. ’77..5
July. ’77. .5
1NTKKK8T.
dO
ICO
50
212
210
City Securities.
Park bonds
Water loan bonds
73
1(5
i90
[Quotations by Danikl A. Moran, Broker, 40 Wall
Street.]
Brooklyn—Local Impr’em’c—
City bonds
96
70
57
50
Aug., ’77. .5
10
LI 6
Uk
10
15C
Aug..’77.10
L2k 15k July, ’77..8
10
135
ICO
July.’77..1C 203
July,’77.. 10 170
Aug*77.7*14 135
July. '77. .8 135
July, ’77. .5
55
Jan., *77..5
July, *77.10
July,77.6*30 140
Oct., '77.10 200
July, *77 .7 118
Jan., ’77 .3
Aug., *77. 5 113
July,'77.7k 125
July,’77..6 no
July, '77. .5
July, ’77..6 110
July, '77. .5
July, ’77..6
Oct., '77..5
July, ’77.1C
July. ’77.1C
July,’77.10
July, '77..3
July, *77.19
sk Jan.,’77 3k
10
July, ’77. 5
10
July, *77..5
10
July, 76 .5
13
July, ’77. .5
15
5
10
L0
L0
11
20
100
June.77.10
Feb. ,’77..5
10
10
12
30
20
20
20
20
20
20
122,215 14
10
869.316 10
13,291
10
63,587 5
+ 70.106 9k 11
10
3,270
10
80,981
.
75~
70
•
•
10
10
so
20
40
10
10
10
18
55
T7 .5
>77..:
77..{
’77..5
77. .4
Jan., ".7..5
July, ’77. .5
[Quotations i>y N. T. Bkkks,.Jr., oroKer. z* *vnll
105
145
100
97
’03
t
30
14
10
15
10
10
10
691,900
188,366
109,415
61,099
+ 117,568
204,836
65,593
159.503
132,772
9*80
July,
July,
July.
July,
Jan.,
Ask#
’
50
Aug., ’77
July,Ui90
Feb
*77
,
.
T
20
Bid.
1:6
Westchester
Aug.,*77.5 105
112
Williamsburg City. 50
190
200
July. *77.10
*
Over all liabilities, including re-lnsurance,
capital
and
scrip.
+
The
surplua.
represented by scrip Is deducted, and the
figures stand as actual net surptm**
+ Continental, 11*45; Standard, 1155.
New Consolidated.
Westchester County....
90
62k
9)
12
£0
x70
;o(l
Tradesmen’s
United States
do
no
....1869.
Consolidated bonds
var.
Street imp. stock!
..var.
50
7
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200.000
200,000
150,000
250,000
300,000
250,000
160
75
104
40
92 k
60
100
155
100
115
105
.
200,000
300,000
25
50
100
100
25
25
25
10
Stuyvesant
175
65
200,000
50
100|
lOOj
St. Nicholas
Standard
Star
165
79
98
95
160
205
131
100
100
92
100
76
95
123
35
100
-
5
4
1,002.784
500,000
100
100
25
Ridgewood
Rutgers’
Safeguard
*
July 2, 77
T
....
Resolute
Bid. Askd
4
Jan., ’77
3 k Oct. 1,77.
........
[Quotations by H. L.^Grant. Broker, 145
Bleecker St.dk Fulton
1UU
ferry—elk.
900,000
1st mortgage
1000
694,000 J. & J.
Broadway A Seventh Ave—stk..
100
2,100,000
J. & J.
1st mortgage
1000
1,500,000 J.&D.
Brooklyn City—stock.
:o
2,000,000 Q-F.
1st mortgage
1000
300,000 M.&N.
Broadway
twwwwy (Afr
(Brooklyn)—stock..
100
200,000 Q-J.
Brooklyn rfc Hunter's Pt—stock.
100
400,000 A. & O.
1st mortgage bonds
1000
300,000 J. & J.
Bushwick Av. (B'klyn)—stock..
UK)
580,ii(W
Central Pk, N. A E. River—tils..
100
1,800,000 J. & J.
Consolidated mortgage bonus
1000
1,200.000
J. & D.
Dry Dock, E. B. A Battery—
too
1,200,000 Q-F.
1st mortgage, cons’d
5C0 Ac
900.000 J.&D
Eighth Avenue—stock
100
1,000,000 J. & J.
1st mortgage
1000
203,000 J. & J.
I2d5t. A Grand St terry-stock
100
748,000 M.&N.
1st mortgage
1000
236,000
A.&O.
Central Cross 'lown- stock.
100
600,000
1st
Date.
5
820.000 A. & O.
50 1,850,000 F.&A.
20
386,000 J. & J.
50 4,000,000 J. & J.
100 2,500,000 M.&S.
var
1.000,000 M. & S.
1000
500,000 J.& J.
Jersey City & Hoboken
do
Rate.
Par Amount. Period
Exchange
Republic
Gas and City Railroad Stocks and
Bonds,
[Gas Quotations by George H. Prentiss.
Broker, 30 Broad Street.!
Gas
..
‘
651,837
11,184
57,663
25
25
100
20
350,000
200,000
200,000
150,000
50
150,000
50 1,000,000
..,
1,846
250,000
200,000
150,000
300,000
200,000
200,000
200,000
200,000
210,000
200,000
2i)0,000
200,000
...
T
10
5
none
200.000
...
.
Tenth
Third
100
10
10
13
10
30
10
\0
10
10
13
10
10
96,000 10
2UC.0C0
200,000
200,000
200,010
150,000
280,000
150,000
200,000
150,000
200,000
300,000
17
133,145 io
155,156
108.464
16/53
10
30
5
20
30
20
20
20
10
10
20
5
20
30
17
20
8k
510,165 20
111,009 10
6,078
200,000
1,000,000
500,000
200,000
200,000
200,000
200,000
500,000
30
Kings Co. (B’klyn)
20
Knickerbocker
40
Lafayette (B’klyn)
50
Lamar.. *
100
Lenox
25
Long Island(Bkly.)
50
Lorillard
25
Manuf & Builders’. 100
Manhattan
100
Mech.&Trad’rs’....
25
Mechanics’(Bklyn) 50
Mercantile
50
Merchants’.
50
Montauk (B’klyn).
50
Nassau (B’klyn)...
50
National
37k
N. Y. Equitable....
New York Fire
100
N. Y. & Boston
100
York
New
City.... 100
Niagara
50
,,
*
160.326
+755,290
10
8
10
10
5
5
10
23
15
10
8
10
'0
20
10
•20
20
23
20
•20
10
10
25
15
10
10
172,151
12,207
13,376
10
14
7k
+339,009 iok
192,160 uk
500,000
200,000
3, COO,000
150,000
50
50
Prior.
187c 187( Last Paid
10
10
14
10
28,806
306,910 20
229.251 20
150,000
100
25
Hope
,
'
15
50
50
rjl37J
10
20
109,868
411,956
25
100
25
17
20
70
100
30
100
100
100
50
50
25
100
100
1373
77,195 10
5,245
5
10,451
....
.
•
200.000
Jan. 1,
1877.*
40,350 3k
50,1(6
7260,329 i4
h 50
Bowery
.
*
20
.
Brewers’ & M’lst’rs
t
.
r
200,000
200,000
200,000
200,000
400.000
200,000
300,000
200,000
Broadway......
200,000
Brooklyn
153,000
Citizens’
300,000
City
210,000
Clinton
250,000
Columbia
800,000
Commerce Fire
100
200,000
Commercial
50
200,000
Continental........ 100 1,000,000
Eagle
40
300,000
Empire City
100
200,000
Emporium
100
■200,000
Exchange..:
30
200,010
Farragut
50
200,000
Firemen’s
17
204,000
Firemen’s Fund....
10
150,000
Firemen’s Trust...
10
150,000
.
,
25
100
50
100
100
Dividends.
PLUS,
Par I Amount.
Adriatic
.
-
Companies.
Bid. | Ask
5.000.00C 1,586,201 M.&N.
8
250 00C
212, C01 J. & J. 12
150.00(
3,90C
Brewers’ & Gro s
2f 1,000,000 1,180,100 J &J. 24
63
Broadway . ...
July 2, 77. .9
1(
200,(XX
83,800 M. & S. 10
Sept.l 75. .5
gall’s Head*
25
500,000
10
10
&
162,700
/.
J.
Batchers & Drov
July 2, '77...4
10C 2,000,000
8
8
408,400 J. & J.
Central
July 2, 77...4 102
3)0,001
Chase
i
25
450,000
10
183,200 J. & J. 10
Uhatham
July £,*’77.. .4} 122
100
300,000
100
Chemical
3,197,200 iBi-m’ly 100
Sept t, 77 .15
25
600,000
9
8
179,SOU J. & J,
Citizens’
July 12. 77...3
10C
1,000,000 1.574, ICO Q-F
20
20
-05
Nov. 1. ’77..5
City
100 5,000,000 2,620,700 J. & J.
8
7
Commerce
.
127
July
16,’77..3
IOC
100,000
10,100 J. & J.
Commercial*
iOO
8
3
1,250,0(X'
Continental........
269/09 J. & J.
Jan. 6. 76...3
10
Corn Exchange*. 100 1,000 000 62:.8tJC F.&A. 10
Aug. 1,77...5
25
350,000
8
East River
67,00) J. & J.
July 2, 77...8
Jk
25
6
7
200,000
Eleventh Ward*.
10,< 0'J J. & J.
Ju y 1, 76...8
100
150.00C
61,000 Q-J.
Fifth
•k 10
Oct. 1,77.2k
100.000
Fifth Avenue*... 100
128.00(1
100
500.000
736.700 Q-J.
12
First
12
Oct. 1, 77...3 *
100 3 750,000
8
Fourth
S19.30C J. & J.
7k July2, 77...3 83* 99*
30
600,000
Fulton
10
497,200 M.&N. 10
Nov 1,77...0
50 1 500,000
Gallatin
8
661/00 A.& O.
7k Oct. 10,’77.3k
Ger. American*. 100 1’000,000
40,800 F.& A.
Feb.l, 74.. .3
Ger. Exchange*.. 100
’200,0(X
4<\C0C May.
6
May 11, 77..6
100
Germania*
200,(XX
8** 7 May 2, 77...6
53/00 May.
25
Greenwich*
200,000
13,600 M.&N. 100
3
May 1, 77..4
Grand Central'... 25
100,000
2,000
40
Grocers*
300,000
53.600 J. & J. 10
8
75
Jan. 2, 77...3
100 1 000.000
Hanover
4
157,000 J. & J.
3
July 2, 77.3k
100
Harlem*
’100,000
4
12,000 M.&S.
Mcr.,1, 75..4
Import. & Traders too 1 500,001 1,701,300 J. & J. 14
14
July 2,’77... 7
50
Irving
'500.0(X
122.100 J. & J. 10
10
July 2, 77...4
50
Island City*
lOO.lnO
15,800
July 2, ’77.3k
Leather Manuf.... 100
600,000 451,400 J. & J. 12
12
July 2,77...6
Manhattan*
50 9 050,0U0 1,147,400 F.& A
10
9
Aug.10,77. .4 l
60
i«‘.cei'
7
8.40C J. & J.
Julyl,’75..Sk
Marine
10)
400,000'
69,100 J. & J. 10
5
Jan. 3, 76.. .5
Market
too 1.000,00c
9
8
298,600 J. & J.
July
2, 77.3k
Mechanics25 2.000,00(1
b9 7,900 J. & J.
10
10
July 2, 77...4
Mech. Bkg Asso... 50
500,000
91,100 M.&N.
6
8
May 1, ’77.2 k
Mechanics* Trad. 25
600,000 3.-2 200 M.&N. 10
9
Nov 1,77.3k
Mercantile
100 1,000,000
196,300 M.&N.
8
8
100 *
Nov 1,77. .3
Merchants
50 3.000, OCO
860/00 J. & J.
8
8
July 2. 77 3 k
Merchants’ Ex
50 1,000,000
233,700 J. & J.
8
8
82**
July ‘2,77...3
Metropolis*
100
500,000
35.900 J. & J.
7k
3h Jan. 3, 76.3k
Metropolitan
100 3,000,000
899,10 • J. & J. 10
10
133**
July 2,77...5 l»
Murray Hill*
100
290,000
5,600 A.& O.
8
Oct. 1,’75. .4
Nassau*
100 1,000,000
70,100 M.&N.
8
6 k Nov.10,77.,.3
New York.
100 3.000,000
698.600 J. & J. 10 • 10
July 2, 77.3k liiis
New York County 100
93.00) J. & J. 14
200,000
4
Jan. 1,77...4
N.Y.Nat.Exch... 100
77.700
300,000
7k
3k Aug. 1,77..4
Ninth
100 1.500,00(i
37,900 J. & J,
4
6
55**
Jan. 2, *77.. 3
North America*... 100 1.000,000
62,000 J. & J.
8
7
July 5,77..3 £0
North River*
50
80,600 J. & J.
400,000
July 1, ’74.8k
Oriental*
25
300,000 145,010 J. & J. 12.
12
July 2, ’77...5
Pacific*
50
422.700
227,800 Q-F.
12
12
Nov
1. 77...S
Park
100 2,000,000
472,800 J.&J. 12
10
107*'
, July 2,’77...3 H
Peoples*
25
162,600 J.& J. 10
412.50U
10
‘
July 2,77...5
Phenix
20 1,000,000
171.100 J. & J.
7
7
July 2,77...3 1(
Produce*
100
250,000
16,800
July.lS’74.3k
Republic
100 1,500,(XX*
2,8.600 ?\&A.
493
Aug.6.77..
.3
St. Nicholas
100 1,000,000
138/00 r.&A.
8
8
Aug.13.772k
Seventh Ward...
!00
43.900 J. & J.
300,000
6
6
Jan. 2,77...8
Second
100
68.300 J. & J. 14
300,000
12
July 2. ’77...5
Shoe and Leather. too.
1,000,000 259.900 J. & J. 12
11
July 2, 77...5
Sixth
200.000
40,400 J. & J.
S
8
Ju y 2, ’77.. .3
State of N.Y
100
201.!
Bowery—•
.
<
Capital.
c3
w
Insurance Stock List.
(Quotations bv K. 8. Bailky. broker.65 Wall street.)
.
ioik
10(2*
no
’.00
109
no
m
105
tor
111
ill
no
THE CHRONICLE
456
*
3 noestmewts
*;•;\ '
'
Total....
2*06,577
REPORTS^
*6*22
$495,827
$5101740
earnings.;...'
*.«
.
$1*5,711
JlMuS
4,549
1,386
70
4435
..
$145,711
764
Capital stock......
Old engines
26
sold'
i.uqo
Total
Interest paid
$82,284
Bond
purchased
May dividend, 2 per
500
Construction
The equipment consists of 19 engines; 8firet-clasB and 7 secondclass passenger, 7 mail and baggage and 1 express car ; 165 box,
52 flat, 16 coal and 6 caboose cars; 1 pay, 10 shanty and 10 dump
Advanced to St. Louis and S. E. RR. for right of way for con¬
The statement of the condition of the road at the close of
Paid
on
"Paid
on
(sidings, &c.)
Equipment....
necting track at Evansville
Sundry items charged to profit and loss
$361,005
361,005
$722,010
2,553,000
100,524
28,127
$3,403,664
Total
Road and outfit
Betterments of Columbus Branch
Payments in excess of income
Paid owners (one half to each)
Cash and balances due-.
'.1
$3,275,011
16,42 {
4,340
80.000
27,t88—3,403,664
earnings for the year were as fellows
:
Passengers
Freight
Express and mail
1876-77.
1875-76.
$148,567
$193,535
263,089
22,260
289,492
,
24,(66
5,470
Minor sources...
Total
New rails
$491,458
315,841
14,736
36,494
337,834
$367,072
$310,370
,
/
Total
12,571
$467,597
Working expenses
Taxes
13,972
18.563
$100,521
$121,088
earnings
The decrease in passengers was both in local and through busi¬
ness and was due to the absence of the large emigrant travel of
the preceding year. Local freights showed a decrease, owing to
Net
but there was a large increase in through freights,
especially in east-bound freight. The increase in iron laid was
made necessary by the faster time of trains.
The income account from June 1, 1875, to Aug. 31,1877, was as
poor crops,
follows:
Net income
$207,701
Betterments of Columbus Branch
Paid Central R R Co. of Georgia
$22,940
92,500
92,500-207,940
Paid Georgia R.K. Co
Excess of payments,
Sixteen miles of
balance to 1878
rails were laid
new
addition, 10 miles of
new
T rail
$239
as
were
ordinary renewals; in
laid
on
the Columbus
Branch to fit it for the
running of the fast mail train, leaving
only three miles laid with old chair rails and six miles of flange
rails on stringers.
Evansville & Terre Haute.
(For the year ending August 31, 1877.)
This company has been known heretofore as the Evansville &
Crawfordsville. The Rockville Division is not worked by the
company, being leased to the
Southwestern.
The equipment
Logansport Crawfordsville &
consists of 20 engines, 10 pas¬
senger and 5 baggage, mailjand express care ; 426 freight care; 1
pay, 12 construction and 52 handcars.
The general account is as
follows:
Common stock and scrip
Preferred stock
.
$1,020,307
100,000
Total Jteck
$1,-120,307
Bonds
1,068,000
Esridmzs invested in construction
967,679
Balance of income account
Accounts and balances due
165,236
14,832
;
Total
Construction, equipment and real estate
Stock* owned
Fuel and materials on hand
Cash, and accounts receivable
The
,
$3,330,455
$3,156,970
18,000
40,727
114,757—3,830,455
amount of stock and
scrip was decreased by $24,408 ; that of
by the purchase of $500 for the sinking fund. Of the
outstanding $918,000 are secured on the main line and
$145,000 on the Rockville Division.
bonds
bonds
The work done
was as
follows:
1876-77.
Passengers carried
Passenger mileage
Tons freight carried
Tonnage mileage
Average receipt per passenger per mile
Average receipt per ton per mile
The earnings for the year were:
7,333
1,987
9,740
6,078—128,188
.’
Balance
$20,114
This balance is
as follows:
purchase by Central R.R. Co
purchase by Georgia RR. Co.
Total
Bonds outstanding...
Income account
Due ou open accounts
The
the
$148,602
20,814
cent
cars.
K-
3*4^3
* 33
Real estate
furnishes the information following :
is
851,678
Netearniogs
(For the year ending Aug. 31,1877.)
This road is owned jointly by the Georgia Railroad Company
and the Central Railroad Company of Georgia, who bought it at
a foreclosure sale.
It is managed for joint account of the two
companies by Gen. E. P. Alexander, whose second annual report
year
i(wqm
860,815
Gross earnings per mile'
Net earnings per mile.
Per cent of expenses..
1875-76
$161iu
11,831
18*316
Expenses and taxes
Net
'
.
One dividend of 2 per cent was paid, and the balance remain¬
ing after paying interest, &c., was enough to pay another in
November. The income account is substantially as follows:
Western of Alabama.
;-•».
1876-77.
$147*101
Rent*
FINANCES.
number is printed to supply regular
ANNUAL
'
Freight*...•....^.v......,.*««.
Mails, express, Ac....
1
The “ investors’ Supplement” Is published on the last Saturday
of each month, and furnished to all regular subscribers of the
Chbqniclk. No single copies of the Supplement are sold at the
office, as only a sufficient
subscribers.
f
Passengers
AND
STATE. CITY AND CORPORATION
(Vol. XIT
122.485
4,102,386
235,308
1315-76.
Jt30,269
4,176,602
221,833
16,<rtP,0C0
3 60c.
l'63cv
3'83c.
ties, and
an
represented by a decrease of $19,029 in liabili¬
increase of $1,084 in supplies on hand.
GENERAL INVESTMENT
Atlantic & Pacific.—Mr.
NEWS.
Seymour D. Thompson, Master in
Chancery, has filed his final report in the United States Circuit
C >urt at St. Louis, with reference to the sale of the Atlantic &
Pacific Railroad. Upon this report a decree was to be entered
closing up the whole business. The railroad and land grant were
sold in foreclosing two mortgages.
One, known as the “ land
mortgage,” being a mortgage on the land in 1868 to secure
$3,000,000 of bonds, and the other, known as the “second railroad
and land grant” mortgage, placed both upon the railroad and
land grant in 1371, to secure another issue of $3,000,000 of bonds.
The Receivers having been discharged on October 12, the Court
made an order directing them to turn over to the Master the
bonds which they had received in payment of the sums bidden
for the property embraced in the two mortgages.
The outstand¬
ing bonds amount to the sum of $109,500, at the par value of the
bonds ; and the holders are entitled under the decree to the fol¬
lowing dividends: Holders of land mortgage bonds, $55 57 to
each bond of $1,000; holders of second mortgage bonds, $46 15
to each bond of $1,000.
In settling the decree, the Court declined to make any order
extending further time to the outstanding bondholders to come
in and join in the purchase.
The decree, as settled by the Court, directs the Master to print
upon each bond—there being about 6,000 in his custody—an
indorsement, showing the credit to which each bond is entitled
to under the decree, and then to re-deliver the bonds to William
F. Buckley, as purchaser at the foreclosure suL, or to his
assignee.
Central of New Jersey*—The proposed agreement for the
reorganization of this company has been submitted by the bond
and stock holders’ committee, and it may fairly be said that it is
one of the heaviest and most complicated railroad agreements
ever proposed for the acceptance of bondholders.
The document
covers eight pages of printed foolscap, and as it is intended for
the consideration of “widows and orphans and other small
holders of New Jersey Central securities,” we think that a
plain summary of it should be issued in circular form, which
might be easily comprehensible to the average understanding.
The scheme provides for a purchasing committee, consisting of
Robt. Lenox Kennedy, John Edgar Johnson, John S. Kennedy and
Theodore Dreier, of New York, and Edwin M. Lewis, of Philadel¬
phia, who shall act on behalf of the holders of the bonds, stocks,
obligations, and indebtedness of the company who shall sign the
agreement. 1 he committee is authorized to purchase the rail¬
ways of the company, and all its franchises and property,.under
either the blanket mortgage, dated September 1,1876, or the
consolidated mortgage of September 1, 1874; or, if the committee
shall deem it possible and expedient to carry out the plan pro¬
posed without a foreclosure or sale and organization of a new
company, they shall have power to do so. The purchasing com¬
mittee, if they purchase, may sell to a company organized to
operate the road, or they may organize a company themselves.
The new company, if organized, shall be called the “ New Jersey
Central Railroad Company.” The new company shall assume
the payment of the principal and interest of the $5,900,000 7 per
C9nt first mortgage bonds, due February 1, 1890.
If the consoli¬
dated mortgage is not foreclosed, the new company shall assume
the payment of $20,000,000 of these bonds (if so many are out¬
standing) and the interest after January 1, 1879. The company,
shall also assume any convertible bonds that may be outstanding,
or any bonds of the Newark & New York Railroad which were
also secured by the consolidated mortgage. In case, however,
that the consolidated mortgage shall be foreclosed, the new com¬
pany shall execute to a trustee, to be selected, a mortgage cover¬
ing all its property and franchises, as security for the payment
of the principal and interest of $25,000,000 of the bonds of the
new company (to
be issued). This mortgage shall be subject to
the encumbrance only of the old $5,000,000 first mortgage, and
the bonds secured by it shall be payable January 1, 1919, with
geven per cent interest, payable semi-annually, from January 1,
THE CHRONICLE
10,1877. |
November
the total amount, $5,000,000 shall be reserved to cancel
1879; of
the first mortgage.
'The new scheme
45V
“
2. Also 93 miles of lateral and branch railroads to
collierfee,.
and side tracks, making with the main line an
aggregate equiva¬
lent to 410 miles of single track.
"
3. The mortgage also covers the
*
also stipulates that the new company may
Mgame the lease of the Lehigh & Susquehanna RHlro&d, made
equipment, depots, build¬
by the Lehigh Coal and Navigation Company, with the Old Cen¬ ings, etc., and the company’s extensive machine and car shops.
“The property mortgaged, without
tral of New Jersey, and also the payment of the principal and
inclndingthe rolling stocky
interest of the $3,310,000 six per cent gold bonds of ths Lehigh would cost, at present valuations, $30,000,000; the rblling stock,
Coal and Navigation Company, due 1897 ; it may also assume the comprises 153 locomotives, 52 passenger and baggage cars, 900
agreement with the Delaware & Bound Brook and the Long freight cars, and 14,846 coal cars, worth $5,000,000; total value
Branch railroads. The new company may not issue over $35,- of property mortgaged, $35,000,000.”
000,000 stock, of which not more than $14,000,000 shall be pre¬
Erie.—Suits were begun against the Erie Railway
ferred stock. The preferred stock shall be entitled to all the in
Company
1875, by the Farmers’ Loan & Trust Company, trustee,,
earnings, not exceeding 8 per cent, until the common stock also forJune,
the foreclosure of the first and Second consolidated
receives a dividend of 8 per cent, after whieh any surplus shall
mortgages^
Mr. Jewett was appointed receiver in that
suit, and has been
be divided pro rata between the preferred and common stock¬
acting in harmony with the English Stock and Bondholders'’
Reconstruction Committee. Pursuant to their plan, Messrs^
Turner, Lee & McClure, attorneys for the Farmers* Loan & Trust
Company, have this week obtained a decree of sale under the
direction of Mr. George Ticknor Curtis, who is
appointed referee.
Last January the Farmers* Loan & Trust
Company was ap¬
No
new mortgage or other lien shall be created without
of the preferred stockholders, who alone shall be
entitled to vote for directors, etc., until such stock shall have
received an eight per cent dividend. The consolidated mortgage
bondholders are required to exchange their coupons, up to and
including January 1, 1879, for preferred stocks at par; or, if the
consolidated mortgage is foreclosed, the committee may use these
bonds in the purchase of the road, and the bondholders shall
subsequently receive the bonds of the new company at par, in
exchange for their old bonds. The stockholders of the old com¬
pany shall surrender their stock to the committee, and at the
holders.
the consent
.
same time pay an assessment of ten dollars a share to assist the
committee in catrying out its plans, in lieu of which they shall
subsequently receive the preferred stock of the new company for
an amount equal to 10 per cent of the old stock and the total
assessment; for the remaining 90 per cent of the old stock they
shall accept the common stock of the new company at par.
Provision is made for the payment of loans made to the Cen¬
tral and the Lehigh & Wilkesbarre Coal Company, amounting to
$4,520,000, secured by the hypothecation of $8,386,000 Central
and Lehigh & Wilkesbarre bonds, and by $1,264,000 Lehigh &
Wilkesbarre Coal Company consolidated mortgage bonds
belong¬
ing to the coal company; also for the reorganization of the Le¬
high & Wilkesbarre Coal Company, the American Dock Improve¬
ment Company, and for dealing with those who fail to
sign the
agreement and comply with its terms. Unless the holders of
consolidated mortgage bonds to the extent of at least $5,000,009
shall subscribe to this agreement, and deposit their coupons,
within three months from the date of the agreement, the sub¬
scribers shell have the privilege of withdrawing their
coupons,
from the committee, and the committee shall also repay to
any
subscribing stockholders who have paid the sums herein required
upon their stock the Bums so paid by them respectively, and shall
redeliver to them their respective stock, and this
agreement
shall thereafter cease to be binding, and all parties thereto shall
be discharged from any obligation thereon.
The following statement from the New York Times is
given to
show what would be the stocks and bonds of the New
Jersey
Central Railroad Company, if the plan to
reorganize should be
carried out:
First mortgage bonds doe, at 7 per cent
Consolidated mortgage bonds, at 7 per cent
Lehigh Coal and Navigation Company's bonds assumed,
'
gold, at 6 per cent....
Mortgage, Ac., liens on Lehigh & vVilkesbarre
Coal
Company s property prior to lien of consolidated
bonds, at 7 per cen say
,
Prefer ed stock for two years’ interest on consolidated
and convertible bonds
Average interest
on same, say
Preferred stock for
12 months, at 7 per cent..
pointed agent of the committee of the Erie Reconstruction Trus¬
tees of London, organized August 28, 1876.
The first object of
the committee was the sale under foreclosure of the
property of'
the company, the trustees to use such bonds and
coupons as wer&
deposited with them, in buying in the railway at the sale. Tho
present decree is for the foreclosure of two mortgages given
by tlia
Erie Railway Company for $25,000,000 and
$16,616,000 respect¬
ively. The above mortgages were dated September 1, 1870, and
February 4, 1874, and were given to secure bonds issued on
September 1, 1865; January 1, 1873, and March 2, 1874. The
property called for in the mortgages consists of the railroad
plant and way, running from Piermont, on the Hudson River, to
the terminus on Lake Erie.
all other railroads
It includes the Buffalo branch and
belonging to the company, the lands and roll¬
ing-stock of the company, and the estate, right, title and interest
assigned or conveyed to the Erie Company by the Union Railroad
Company, the Buffalo New York & Erie Railroad Company, the
Buffalo Bradford & Pittsburgh Railroad Company, the Rochester
& Genesee Valley Railroad
Company and the Long Dock Com¬
pany. It i& alleged in the complaint that $29,789,290 20 is due
on the second
mortgage of the above-mentioned property.
Mr. Jewett said to a World reporter that this
arrangement
his approbation.
It is simply putting into effect the
scheme of reconstruction approved by the
majority of the Eng¬
lish shareholders at a meeting held in London last
The
year.
result was the appointment of a body of reconstruction
trustees,,
divided into four distinct classes, namely, first, for the first con¬
solidated mortgage and 6 per cent
sterling bonds; second, for the*
second consolidated mortgage and convertible
gold bonds ; third,,
for the preference and ordinary shareholders;
meets
fourth, an inde¬
pendent committee not representing any special interest, com¬
posed of the chairman, who is to have a casting vote, and another
member. The scheme provides for the funding of the consoli¬
dated mortgage 6 per cent sterling bonds, second consolidated and
gold convertible bonds. It involves, should the railway be bought
Annual
interest, Ac. in after the proposed foreclosure, the formation of a new com¬
$5,000,003
$•350,000 pany to hold and work it. One-half of the shares of the new
20,000,000
1,400,0.0
company, whether preference or ordinary, will be issued in tho
2,310,COO
133,600 names of one or more sets of trustees, to be called voting trus¬
tees, who are to hold them for the voting power until the dividend
has bsen paid on the preference shares for three consecutive
4,500,000
315,000
years.
Certificates are to be issued for these shares, which shall
$31,810,000 $2,203,600
2,830,000
1196,000
$3,GCO,000 bonds of American Dock & Im¬
.
2,996.000
provement Company
3,000,000
cent...
2,615,000
Preferred stock for, say, $2,530,000.Lehigh & Wilkesbarre Coal Com¬
pany's consolidated mortgage bonds, held by public at 50 per
Preferred stock for $2,060,000 cash and $2,060,000 stock of Central
Railroad Company of New Jersey, at par
entitle the holder to receive from the trustees all dividends,
declared in respect of the shares held in trust. The shareholders
of the present company are to be readmitted to shares of
equal
amounts, preference for preference and ordinary for ordinary, but
represented as to one-lialf by certificates, the preference sharesto carry dividends at 6 per cent per annum,
payable in currency
and dependent on the earnings of the company in each year.
Thereadmission to shareholders is to be conditional
of
on
the payment,
specified assessment in the proportion of one to two for ther
4,120,000
preference
in comparison with the ordinary shares. All parties
Total of preferred stock
*
Common stock for, say, $2,530,000 Lehigh &,Wilkesbarre Coal Com¬ $12,731,000 making such payments are to receive non-cumulative income
bonds without mortgage security, payable in gold, and
pany’s consolidated mortgage ‘ bonds, held by public at 25 per
bearing
cent
1,307.500 interest at 6 per cent per annum, dependent on the net earnings
Common
stock, io settle unsecured debts of Central R.R. Co., say
Common stock for balance of existing stock of Central R.R.,
say..
Total of
common
Total of bonds
stock
JUsume.
on
Preferred stock
Common stock
railways and coal property
Total stock and bonds
To the extent to which holders of American Dock &
500,000
18,510,000
$20,347,500
$31,610,000
12,731,'00
20,347,500
$61,888,500
Improve¬
a
of the company.
—The Tribune says:
has been authorized to
“ Receiver Jewett, of the Erie Railway,,
lay a third rail from Binghamton to Sus¬
quehanna, to connect with the Jefferson Railroad (which is leased
by the Erie), and on which a third rail has already been laid.
The Jefferson road taps the Delaware & Hudson Railroad system
at Carbondale, and this route will give the Erie another outlet to
Philadelphia. The object of obtaining this authority at present
was to furnish a guarantee to the directors of the Boston, Hoosac
ment Company’s
bonds, and Lehigh & Wilkesbarre Coal Com- Tunnel & Western
Railroad, that the necessary arrangements
P&oy’s consolidated bonds, may not accept the terms offered in the
scheme of reorganization the preferred and common stock will for a Boston counectiou would be made, without which they
refused to begin the construction of their road. Accompanying
be
correspondingly reduced, and the new company will have a the
request for the order was a letter from T. W. Powell to Mr.
correspondingly reduced interest in the property of these two Jewett.
Mr. Powell and Sir Edward Watkin are the ‘independ¬
companies. The amount of stock provided for in the above state¬
ent
trustees
not representing any
ment is the maximum amount that will
special interest.’ Mr. Powell,
have to be issued in case who has
now returned to
all should
England, states that he was authorised
accept.
by the other seven trustees of the reconstruction programme to
Delaware Lackawanna & Western.—The prospectus for the act
on their behalf
during his visit to America. 41 have, there¬
Dew$10,000,000 bonds has the following: “ $2,820,100 are reserved fore, to inform
you/ he Fays, ‘ that the trustees approve the lay¬
for the payment of all
outstanding mortgage bonds, thus making ing of the third rail for narrow gauge on that section and the*
the consolidated
mortgage a first and only lien upon the follow¬ issue of the receiver’s notes for the purchase of the necessary*
ing property, viz.:
steel and iron.
And you may assure the venders thereof of such*
1. The entire line of railroad from the Delaware
River to the an approval, and of our intention as trustees, I
New York State
aving the control
line, and from Scranton to Northumberland, in of the expenditures of the assessment
money after the intended
wl 195 miles. Of
this, 122 miles are double track and 115 miles foreclosure sale, that (without assuming or
being held liable lor
Wo laid with steel
railB of the best quality.
any personal responsibility) it is our intention to protect and pay
“
458
THE
CHRONICLE
any portion of the receiver’s notes for the purchase money of
said steel and iron, which may not be paid by the receiver before
lie hands over the road to the purchasers, under the reconstruc¬
tion programme.’ Mr. Powell’s authority to act was contained
in a resolution of the reconstruction trustees, which provides
that ‘Mr. Powell be urgently requested to proceed to America to
decide with Mr. Jewett the appointment of purchasing trustees,
and to make such arrangements as may be necessary, in his best
LVol. xxv.
difficulty of collection being merely technical in
being money in the treasury to meet the claims.
some
cases,
Of this
there
$800,000
over $200,000 were
paid out of taxation and the rest by bonds—20
per cent. If the pending $1,200,000 of claims are
proportionately
successful, therefore, there will be $2,400,000 in bonds to pay on
them—say, to be safe, $3,000,000.
Mr. Kelly adds that it is impossible to tell how much
will be
recovered in the city’s " Ring” and other
suits, suits against fer¬
judgment, to further the completion of foreclosure, the re purchase ries, railroads, &c., but the amount is commonly reckoned at sev¬
of the undertaking, and the reorganization of the company.’”
eral millions.
The city besides has real estate worth
$1,500,000
in addition to
6781
its public works, which should not be
Erie Evansville & Southwestern.—This road was
forgotten*
Seymour, Ind., October 31, under a decree of foreclosure though not entered as an offset to the debt. A check has been
granted by the United States Circuit Court, and purchased for finally put upon the increase of the debt. Through the opera¬
tions of the Sinking Fund it was
$6 ,100, subject to certain claims.
decreased# $157,000 between
1, 1876, and August 1,1877. He says in conclusion:
Mississippi Central.—The following press despatch is from August
It should be noted, however, that under
provisions of law
Nashville, Tenn., Nov. 6: Under a charter registered in the now in force
further issues of bonds are authorized, and will
be
Secretary of State’s office, to-day, incorporating the Central Mis¬ called
for, as stated in a report made by the Comptroller to the
sissippi Railroad Company, which has purchased the property of
At the last session of the
tlie corporation heretofore known as the Mississippi Railroad State-Senate, on January 22,1877.
Legislature
endeavored to secure the repeal of provisions of
I
Company, that road is consolidated with the New Orleans St. law which authorized the
issue of bonds for various
Louis & Chicago Railroad Company. The first-named company
purposes
and provide wholesome restrictions
have their principal office in New York city.
against
the
increase
of the
Among the incor¬ bonded
debt; but the essential features of original bills for this
porators are Wm. H. Osborn and Stuyvesant Fish, of New York,
purpose were destroyed by deceptive amendments and
and Benj. F. Ayer, of Chicago.
corrupt
The consolidated line has pur¬
chased thirteen hundred thousand Tennessee bonds, and now political combinations. A large reduction has been made in the
expenses for the maintenance of the city government, and in the
hold them in readiness to liquidate the Mississippi Railroad Com
amount of the annual taxes.
Th9 tax rate in 1877 is less than it
pany’s debt to the State amounting to that sum.
was in 1876, and
upon a decreased amount of valuations as follows:
Municipal Bonds in Missouri.—The St. Louis Republican
Valuations.
Rate.
Amount of tax
Bays: “The city of Louisiana, Mo., issued certain bonds in aid
$1,110,913,194
2‘80
$31,109,521 60
of railroads in the year 1870.
These bonds were valid—at least
1,101,092,093
2*65
29,178,940 46.
it is not claimed they were not.
The rate of tax for 1878 will probably
They were to run five years,
not exceed 2 55 per
and the interest on them was regularly and faithfully paid as it cent on the valuations of
1877, basing an estimate on the amount
fell due. In 1875, when they became payable, there was no of the
appropriations in the provisional estimate for next
money to pay with, and the ci.y issued new ones for the puipose, year which has just been adopted by the Board of Estimate and
which were sold for $850 for each $1,000 bond. But in the Apportionment.”
meantime the Legislature, to prevent certain irregularities in the
St. Joseph & Topeka*—This road was sold at
Troy, Kansas,
issue of municipal bonds, had enacted a law in 1872
requiring all October 29, under foreclosure of mortgage, and
bought for
bonds issued after its passage to be registered in the office of tlie
$36,000 by H. H. Butterworth and John S. Damon. The road is
State Auditor, and providing that bonds not registered should be
thirteen miles long, from Wathena, Kansas, on the St.
Joseph &
void.
The new refunding bonds of Louisiana were issued in
Western road, to Doniphan Junction on the Atchison & Ne¬
1875, after the passage of the Registry act. The city authorities
braska, and forms, with those roads, a line twenty-five miles long
did not have them registered as the law
required, hut attempted between St. Joseph & Atchison.
to evade the law by antedating them, so as to make it
appear that
St. Paul & Pacific.—At
they were issued before the Registry act was passed.
The holders of certificates of the Amsterdam, the majority of the
committee of the St. Paul & Pacific
plaintiff, who is a bona fide holder of the disputed bonds, having Railroad
agreed
to
the
proposal,
and the certificates or bonds are
purchased them for value, brought suit against the city, and the
sold to the American parties at the
prices previously mentioned
city in defense pleaded the very fact which, in issuing the bonds,
in tlie Chronicle.
it had attempted to disguise, viz., that they
wcre issued subse¬
Sacramento Valley.—The San Francisco
quently to the passage of the Registry act. It even produced
of October 30
its own records to prove this; fact, the records
says:
Louis
“
McLane,
as
surviving
trustee
of
the
Sacramento
clearly prov¬
ing that, although the bonds were dated 1872, they were issued Valley and the Placerville & Sacramento Railroad companies, has
in 1875.
The Court decided that the bonds were void, not brought suit in the Twelfth District Court against the
companies
because there was no authority to issue them, but because
they to enforce the executions of the conditions of a certain trust mort¬
were not registered in the office of the State Auditor before
being gage. The other trustee was D. J. Barney, of N. Y. The roads
were sold to Wm. Alvord for
issued, as the law required.”
$250,000, and by him transferred to
New York City Debt.—Comptroller Kelly has furnished, in Stanford, Hunt ngton and Hopkins, in whose hands the two
roads are cow consolidated. There were 720 trust
bonds, and 111
reply to Mr. S. D. Babcock’s letter, the following balance sheet of
of them have not been issued.
The object of the suit is to get
the city’s liabilities and assets, dated August 1, 1877:
the roads back under the control of tha
STATEMENT OB BALANCE SHEET SHOWING THE AMOUNT OP THE BONDED
plaintiff, so that the full
DEBT
value of the bonds may be secured, and the
AND
ESTIMATED LIABILITIES OP THE
CITY OP NEW YORK, AND OP THE
rights of the parties
I6TIMATED AMOUNT REALIZABLE PROM
ALL DEBTS DUE TO THE
directly interested protected. It is alleged that the purchase by
CITY,
august 1, 1677:
Alvord, and the assignment by him to the present de facto■
Liabilities.
owners, did not destroy any of the rights and privileges conferred
The city debt of all classes of bonds on August 1,
1S77, was a« follows:
Funded or permanent debt
by the mortgage to the plaintiff and his co-trustee.”
$121,319,183
bees
Lake
sold at
“
“
,
Sinking Fund
Temporary debt—
2y,667,568— 91,651,615
Assessment bonds
Revenue bonds, 1875. 1876, 1677
Bonded debt of annexed territory
Unpaid appropriations for 1877
Warrants outstanding
Amount due to special and trust
Judgments unpaid
to
$22,141,400
accounts
18,300,977— 40,445,377
1.U5.833
13,987,983
868,504
Assets.
Amount of
band.
Deduct for estimated deficiency in the product of the
tax levy
Taxes levied prior to 1677, uncollected August 1, 1877:
Advances and payments for street
improvements....
Bonds and mortgages on property sold by the city.
Amount due on settlement of “ Ring suits ”
Arrears of Croton water rents prior to 1877
Uncollected accounts due the city for rents, interest on
bonds and mortgages, &c
sustains the claim of certain stockholders and Colonel Samuel S.
Smoot to $700,000 of the securities of the road, under the contract
of that gentleman with the company.
Estimated
Lominal
assets.
value
of a-^ets.
.
$705,933
$29,178,940
Tennessee State Finances.—A press despatch from NasliviPe,.
Tenn., Nov. 6, says : Governor Porter has issued a proclamation
696,599— 28,482,341
•
8/14,653
8,514,653
11,064,184
25,000
l,427,0r,0
1,4 .>7,000
11,235,170 |
9,604,786 ] 13,000,000
2,103.759
1,500,000
614,677
614,677
4s 0,<00
425,000
163,852
163,852
I
on
November 19.
Southern Maryland Railroad.—The Circuit Court at Marl¬
Prince George’s county, Mi., passed an order rescinding
boro’,
2,322,536
151*000 the order of June last, which directed the sale of the Southern*
Maryland Railroad, now being constructed between Washington
$150,615,817 and Point Lookout, Md, This
decision, the Baltimore Sun says,,
Total
Caah
Selma & Gulf.—This road, completed from Selma, Ala., south
Pine Apple, forty miles, is to be sold under
foreclosure,
591.373
convening the Legislature in extraordinary session, December 5,
to enter upon the following legislative business: To consider
the recommendation of the arbitrators, in conference at New
York, March, 1877, to adjust the State debt by the issuance of
new 6 per cent
bonds, at the rate of 60 per cent of the total
amount of principal and past-due
interest; to levy tax sufficient
to meet the interest on the new bonds; to
provide a sinking fund
for the extinguishment of the debt, and a more efficient collec¬
tion of
50,000
I
revenue.
United
Companies of New Jersey.—The Philadelphia Ledger
“The litigation in reference to the lease of the United
Companies of New Jersey to the Pennsylvania Railroad Com*
Amount of assete, as above.
The parties who applied to
pany would seem to be at an end.
Judge Mitchell for an injunction to restrain the payment of the
Amount of ** actual net debt ” or liabilities
$95,707,':85
due on the 10:h ultimo have authorized the dis¬
Mr. Kelly also submits a statement from Corporation Counsel quarterly rent
continuance of that suit, and it will probably never be heard of
Whitney, showing that in his judgment $3,000,000 is the outside more. Mr. Andrew Carnegie, the purchaser of the
Longstreet
Bum collectible
on the $12,000,000 of claims
against tlie city. stock in the United Companies, on which a suit was pending by
Including this, the net debt is still less than $100,000,000. In revivor in the New Jersey courts, offers the stock to the United
this statement Mr. Whitney shows that claims for
$3,000,000 Companies at just the price and charges he paid for it, and this
Lave already been settled for
something more than $800,000. He probably ends all further litigation in that quarter, and leave*
assumes that the claims first
pressed were the best in the lot, the the lease now free of all further question as to
validity.”
Total,
$54,903,462
JSecapitulalion.
says:
do
mm e
tcial Stines.
COTTON,
Friday, P. M., November 9, 1377.
The Movement op the Crop, as
indicated by our telegrams
from the South to-night, is
COMMEUCIAL EPITOME.
Eriday Night, Nov. 9, 1877.
General elections Lave taken place tliis week in several States.
These always prove an interruption to business, of more or less
bales, against 177,336 bales last week, 157,699 bales the
previous
week, and 135,054 bales three weeks since, making the total re¬
ceipts since the 1st of
September, 1877, 931,150 bales, against
1,220,797 bales for the same period of 1876, showing a decrease
since Sept. 1, 1877, of
289,647 bales. The details of the receipts
for this week
(as per telegraph) and for the corresponding weeks
of five
importance, and have bad some influence this year, but probably
less than usual. The weather, also, has been unfavorable, heavy
rains having fallen in all sections of the country, and the tem¬
perature is
the
previous
to-day so mild and summer-like that it greatly delays
purchase of what are described
rics.
given below. For the week ending
evening (Nov. 9), the total receipts have reached 198,776
this
as “fall and winter” fab¬
The expert movement in domestic products continues very
Receipt* this week
years are as follows
at—
New Orleans
large, and in this we have some relief to the general dulness.
There has been a good trade in mess pork, mainly at $14 25 Mobile
Charleston
per bbl., but the speculation in futures has been dull, and at the
Port Royal, &c
close prices are nominal, with sellers at $13 85 for January and
Savannah &c
$13 95 for February. Lard has been depressed by accounts 'from Galveston
the West of a probable large production for the coming season, Indianola, &c
and the present demand has been dull ; prime Western close 1 to¬ Tennessee, &c
day at $8 60 on the spot, $8 55 for December, $8 60 for January, Florida
and $8 67-J- for March.
Bacon is dull at 8c. for Western long North Carolina
Cut meats have declined.
The State Auditors of seven States give
their respective States of all ages, except
clear.
hogs under six months old
Ohio
Indiana
Illinois
Iowa
are
excluded
1877.
1876.
2,139,910
2,455,534
2,961,366
2,341.222
1,801,2-0
2.183,01.9
2,665,035
1,363,133
2,111,509
697.186
330,355
318,764
146,933
1,644,714
Missouri
Kan-ae
Nebraska
.
1S75.
1.778,399
1874.
1,915,220
2,819,878
3.453,591
!,29yi02
2,603 3. 0
540,348
233,652
2,408,6:7
2,800,969
1.380.9:4
2,599,404
292,658
157,043
*
Stock Nov. 1, 1877
Receipts since Nov. 1, 3877
Sales since Nov. 1, 1877
Stock Nov. 7, 1877
-Stock Nov. 9, 1876
*5^559
.
.
2,419
3,298
60,680
60,630
Boxes.
Bags.
21,059
3,048
171,512
742
725
1,696
22,411
1,812
170,395
130,619
283
283
Melado.
742
19,709
15,102
1,918
The business in ocean
ha3 been fair, but at reduced
freights
and irregular
rates, especially for berth room. The offerings of
chartering tonnage are fairly liberal. Late engagements aod
.
crude, in bulk, 7$c.; refined,
to
or
W>; the quotations here are $45@47 50.
American pig iron con¬
tinues steady, but less active at the
moment; 1,000 tons sold at
$19@20 for No. 1, and $18dll9 for No. 2.
Ingot copper steady,
lower and more active;
dry-salted Pernambuco were
to-day ; also 2,100 dry
Central American, part at 19c.,
gold, sixty days. Grass seeds have
been quiet but
steady.
3
jrith
only small
13,000
sales at 17|c.
Hides
are
sold
4>
1872.
33,193
6,811
28,077
10,883
17,164
14,176
.
[
33,077
10,015
562
5:i
24,302
>
O Aft i
r
8,902
0.875
792
601
967
2,455
23,933
5,022
895
3,000
Total since Sept. 1
931,150) 1,220,797 j 1,065,218
3,992
21,459
13,117
1,185
2,319j
2,112
13,692
2,037
149,474
159,245 j
124,611
110,610
960,238
725,430.
887,683
week, and also for the corresponding
season:
Exported to
Total
Same
Conti¬
this
week
nent.
week.
1876.
12,484
30,525
ending
Great
14,029
•
•
•
Galvestont
New York
Norfolk.
Other ports}:
France
4,013
5,819
7,275
7,740
2,755
Total this week..
48,042
Total since Sept. 1
244,766
Stock.
1877.
1878.
300
3,055
45,897 136,204 183.517
34,610 49,942
5,836 89,133 103,942
8,146 78,626 74,381
6,701 64,597 76,952
16,061 45,703 141,848
2,148 30,375 52,333
4,649 49,000 35,000
10,432
19,937
73,411
89,461 519,188 719,915
37,923
59,062
311,751
•
8,284
2,149
Savannah, &c....
....
2,939
3,265
•
•
•
•
...
....
64
1G5
•
•
2,040
4,076
....
•
•
973
.
.
.
13,313
9,481
5,833
8,413
7,-40
.
....
423,811
•
•
•
*1
•
New Or/ea?w.—Our
telegram to-night from New Orleans snows that (besides
above exports) the amount of cotton on
shipboard and engaged for shipment at
that port is as follows: For
the Continent, 13,500 bales; forLiverpool, 17,750 hales; lor Havre, 24,500 bales : for
coastwise ports, 100 bales ; which, if deducted from
the stock, would leave 80,500
bales, representing the quantity at the landing and In
presses unsold or awaiting orders.
n
t Galvesioii.—Our Galveston telegram shows
(besides above exports) on shlpat that port, not cleared: For
6,010 bales; for coastwise ports,6,115 Liverpool, 15,324 hales; for other foreign,
bales; which, if deducted from the stock,
would leave remaining 8^,158 bales.
t The exports this week under the head of
“other po’-ts” Include from Balti¬
more, 706 hales to
Liverpool; from Boston, 1,502 bales to Liverpool; from
Philadelphia, 547 bale* to Liverpool, and 300 to Antwerp.
6oard
From the foregoing statement it will he seen
that, compared
with the
corresponding week of last season, there is a deer ecus
in the exports this week of
11,050
bales, while the stocks to-night
200,727 bales less than they were at this time a
year ago.
The following is our usual table
showing the movement of cotton
are
at all the ports from Sept. 1 to
Nov.
BECKETTS
PORTS.
Morgan Pill, 4s. 9d.;
bbls., for November delivery, 121@l3c. Steel rails continue
be inquired
for, about 10,000 tons being taken iu tbe Iasi day
•a
'
1873.
725
211.810
..
In naval stores
very little of interest has transpired, but quota¬
tions remained about
steady,and close at 33£@34c for spirits turpen¬
tine, and $1 7Q@177^ for common to good strained rosin. Petroleum
!haa been
declining, owing to lower European advices and irreg¬
ular and weak
figures at the Creek ; business lias been very dull;
the close is more active and firmer
;
27,406
16,758
1,370
7,675
198,776
..
Algiers, 27c.
10.333
862
Total this week
charters include—Grain to
Liverpool, by steam,
bacon, 37s. 6d.; cheese, 45s.; grain, by sail, 81.; cotton,8@3£@8|d.;
£d.; grain N. Orleans.
to Bristol,
by steam, 10d.; flnir, 3?. 6d.; butter, 45s.; grain to Lon¬
don, fey steam, 8d.; hops, -£1 ; provisions, 40s.; grain to Cork, for Mobile
Charlesl’n*
orders, 6s. 6d.@7s. per qr.; refined petroleum to Bremen, 4s.
3d.; Savannah
do. to Cork, for
orders, 5s.; naphtha to Havre, 4s. 6d.; petroleum
Galveston*.
products to Liverpool, 4s. 44d ; case oil to the
Levant, 38£c. gold;
naphtha to Liverpool, 4s. 61. To-day, a better business was New York..
Florida
done, and rates were a trifle more regular. Grain to
N. Carolina
by steam, 8|d.; cotton, £d.; grain to London, by steam,Liverpool,
8£d.; do., Norfolk*
by sail, 7^d.; grain to Cork, for orders, 63. 9d.@7s.
per qr.; do. to
Other ports
■Oporto, 21c. gold, per bushel; naphtha to
ewe oil to
26,244
2,298
27,571
25,436
1,500
11,579
1,170
199
Charleston
$1 10.
Hhds.
39,812
14,568
20,045
1,200
26,5:9
16,274
4,426
New Orleans*....
Mobile
at 3^@5c., and leaf 7@14c.
Business in seed leaf
has continued small, owing to the strike of the
cigar makers,
and the sales for the week are
only 842 cases, as follows:
200 cases sundries, 4 to 20c.; 100 cases
Connecticut, crop of 1876,
to 22c.; 100 cases New
England, crop of 1876, 14 to 19c., and
442 cases Pennsylvania,
crop of 1876, private terms.
Also, 500
bales Havana, 75c. to
,
13,834
12,883
20,812
272
Britain.
150 for
Although Brazil grades of coffee have been rather quiet and
1S@
here,
111,567 bags. Mild grades have been rather quiet, but
quota¬
tions are as before; about
3,000 bags Maracaibo, 1,241 bags
Ceylon, 1,270 bags St. Domingo have changed hands in the last
day or so. Rice has been quiet, and a slight decline must be
noted. Molasses also is
hardly as steady as of late, with less
business doing. Refined sugars have
latterly been quiet but
unchanged ; standard crushed quoted at 10fc. Raw grades have
continued on the decline; fair to
good refining now quoted at
74@7$c. The following will show the supplies, etc on the 7th
inat.:
23,527
31,727
15,923
Nov. 9.
of
the stocks show an
increase, yet prices remain steady at
19£c. for fair to prime cargoes of Rio; stock in first bands
50,448
17,888
30,974
27,502
5,604
Week
change, lugs
being quoted
53,794
6,373
33,769
1,892
week of last
v
the week are 800 hhds.,of which 650 for
export and
home consumption. Prices are without essential
1874.
The exports for the week
ending this evening reach a total of
78,411 bales, of which 48,042 were to Great Britain, 10,432 to
France, and 19,937 to rest of the Continent, while the stocks as
made up this
evening are now 519,188 bales.
Below are the
stocks and exports for the
Total, seven States... .12,558,696
10,502,134
11,387,024
12,915,291
Beef has been moderately active, and the sales of
in¬
to-day
cluded Eastern India mess at $23 50@$24 per tierce.
Tallow
more active at 7 ll-16@7|c.
for prime. Butter has been dull,
and cheese is lower.
Kentucky tobacco has been moderately active, and the sales
1875.
‘
City Point, &c
:
1376.
120
Norfolk
the returns of hogs in
Iowa, in which State
1877.
:
Tot. this yr.
Tot. last yr.
SINCE 8KPT.
1877.
1876.
15S.557
65,570
237,774
119,842
81,203
167,818
149,882
106,291
2,i99
141,117
141,508
11,011
773
3,6S2
30?16S
37,866
167„707
16,271
92,625
6,367
732,374
2, the latest mail dates:
KXPCXTBD SINCE 83PT. 1 TO—
1.
I
CoastGreat
Britain
France
69,096
5,109
13,724
9,725
10,4tSl 1
2,2; 7
22,564
9,69.1
49,835
...
1
•y
.
s
•
forei’n
16,260
....
1,701
-if CO JO
.
1,089
....
6,079
..
.
Total.
99,080
5,109
21,886
39,117
9,691
57,001
....
....
10,631
19,124
....
....
....
759
950
10,631
19,874
Stock
Ports.
36,189
37,743
110,3*4
35,027
63,200
63,734
69,290
63,141
41,664
....
773
.
930
196,724 27,49;
wise
Other
13,3 6
57,336
...
25,174
■1
>1
37,900
....
16018
26,567
18,000
39,125 263,340 275,469 421,457
625,504
1*1
Under the head of Cfiarlestori is included Port Royal, &c.: under the head
of
Galveston is included Lndiauoia,«Stc.; under the head of Norfolk is included
City
Point &c.
m
1,008,987 218,223' “8,938, 37,189 334,350 363,672
•
These mail returns do not correspond precisely with the total of
the telegraphic figures, because in preparing them it is
always
necessary to incorporate every correction made at the ports.
There has been a fair business in cotton on the
spot, and
steady and, latterly, hardening prices. The demand was mainly
for home consumption, but ou Monday there were moderate
transactions for export.
It is believed.that New England spin¬
ners have in stock but moderate
quantities of cotton, and in
their eff orts to buy have encountered very firm holders. Stocks at
this point are still small, but at the South show considerable
mulation. To-day, the market was quiet and easier, but
accu¬
notquot-
.4
THE CHRONICLE
460
*bly lower. For future delivery, the week opened quite depressed,
under receipts at the ports which showed an increase over last
South, and un¬
year, the return of better picking weather at the
favorable reports of the state of trade ; but an upward
turn was
given to values by the revival of speculative confidence growing
out of the statistical position, and the fact that with a much
smaller visible supply, prices are nearly one cent per pound
lower than one year ago.
Yesterday, Liverpool reported a much
better market, but the early advance with us was not fully sup¬
ported at the close, although, in addition to the stronger markets
abroad, there was a decrease in receipts at the ports. To-day,
with clear or clearing weather at the South, and a mild tempera¬
ture, under which cotton must be constantly making, the specu¬
lation was flat, and the improvement of yesterday was mostly lost.
The total sales for forward delivery for the week are 236,800
bales, including — free on board. For immediate delivery the total
sales foot up this week 6,129 bales, including 1,145 for export,
4,984 for consumption,
for speculation, and
in transit.
Of the above, 260 bales were to arrive.
The following tables
ehow the official quotations and sales for each day of the past
09153.2
week:
ALABAMA.
UPLANDS.
New Cotton.
Sat.
Mon.
9*
9Y
10*
Sat.
TEXAS.
N. ORLEANS.
Mon.
Sat.
Sat.
IHon.
Mon.
V ft.
9*
9Y
9*
10*
10*
lo*
10*
9*
10*
10*
10*
10*
U*
11*
11*
11*
11*
11 5-16
11 5-16
11
11 7-16
11 7-16
9X
10*
10*
9*
10*
10*
Strict Ordinary
10*
Good Ordinary
10*
Strict Good Ord’ry. 10 9-16
’.0 13-16
Low Middling
Strict Low Middl’g 10 15-16
10 9-16 10 9-16 10 9-16 10 11-16 1') 11-16 10 11-16 iO 11-16
10 *.3-16 10 13-16 10 13-16 10 15-16 10 15-16 10 15-16 10 15-16
10 15-16 10 15-16 10 15-16 11 1-16 11 1-16 11 1-16 11-1-16
Middling
ll*
11 5-16
li*
Good Middling
LI 5-16
Strict Good Middl'g n*
11 15-16
Middling Fair
12 9-16
Fair
11*
11 7-16
H*
11*
11*
11*
11*
11*
12 1-16
12
1-16
12
1-16
11
15-16
12 1-16
11 15-16 ll 15-16
12 9-16 12 9 16 12 9- 6 12 11-16 12 11-16 12 11-16 12 11-6
7-16
UK
Tues Wed. Tues Wed. Tues Wed. Tues Wed.
New Cotton.
Nov. 6. Nov. 7. NOV. 6
Ordinary
V ft.
Strict Ordinary
Good Ordinary
Strict Good Ord’ry.
Low Middling
Strict Low Middl’g
Middling
Good Middling
Strict Good Middl’g
Fair
10*
9*
10*
iO*
10 9-16
10 13-16
10 15-16
10 9-16
10 13-16
10 15-16
0 11-16
10 15-16
11 1-16
U*
1>*
9*
10*
jEHloelcidtaio;.n jHEolelcidtiaoyn, HEloelcidtiaoyn. jEHolelidcatyi.o-n
Nov. 8.
ft ft.
Strict Ordinary
Good Ordinary
Strict Good Ord’ry.
Low Middling
8trict Low Middl’g
Middling
10*
10 15-16
11 1-16
H*
U*
11 5-16
11 7-16
11 7-V6
11*
11*
11*
11*
12 1-16
!2 11-16
12 1-16
12 11-16
,
11 15-16
t2 9-16
Fri.
Th.
Fri.
Fri.
Th.
Th.
9*
10*
10*
9Y
10*
10*
9*
10*
’.0*
9*
10*
9*
10*
9*
10*
10*
10*
10*
10 9-16 10 9-16 10 9-16 10 9-16 10 11-16 10 11-16 10 11-16 10 11-16
10 13-16 10 13-16 IU 13-16 10 13-16 10 15-16 1U *.5-16 io i5-ie :0 15-16
.0 15-16 10 15 1€ 10 15-16 10 ’.5-16 11 1-16 ll L—16 11 1-16 11 1-16
11*
Good Middling
11 5-16
8trict Good Middl’g 11*
11 15-16
Middling Fair
Fair
12 9- 6
11*
U*
11*
u*
U*
11*
11*
11 5-16
11 5-!6
11 5-16
11 7-:6
11 7-16
li 7-16
U*
11*
11*
11*
11 7-16
1 *
11*
ll*
12 1-16
11 15-16 11 15-16 11 15-16 12 1-16 12 1-16 12 1-16
12 9-16 12 9-15 12 9-16 12 11-16 12 11-16 12 11-16 12 11-16
Sat. Mon. Tues Wed.
Th.
Fri.
Nor. 3. Nov. 5. Nov. 6. Nov. 7. Nov. 8. Nov. 9.
Qood
9*
10*
10*
10*
9*
10*
10*
Ordinary
Low
Middling
Middling
10*
9*
10*
9*
10*
10*
10%
Elect’n Day.
10*
10*
Ex¬
port.
Saturday.. Quiet, unch. quo..
Monday... steady, uucli. quo.
Tuesday
Wednesday Stealy.uoch quo.
Thursday.. Firm, unch. quo..
..
Friday
Ea ler
Total
ConSpec¬
sump- ulate
9*
10*
10*
900 1
771
9*8
‘245
1,239
1/45
4,981
Sales.
30,300
400
1,671
41,400
400
1,643
47,100
56,100
100
5 0
Holt day.
....
....
348
....
...
Deliv¬
eries.
318
1,618
....
FCJTURKS.
TranTotal.
Bit.
318
Elect! on Dav
1,511
61,900
jOC
6,129
236,800
1,700
Fot forward delivery, the sales (including
free on board)
feave reached during the week 236,800 bales (all middling or on
the basis of middling), and the following is a statement of the
■ales and prices:
For November,
bales.
cts
333...
10-85
700
10-36
400
1/87
800
1/85
3,
1,700
i/<!00....r.
1039
11-90
10-91
-2.0
2 A)
200
:0) i
10-33
u-94
L900
1/1,5
2.900
1/96
1/97
1/98
400
500
1,10'
2.'00
00
10*93
11-01
12th.11-00
u-oi
500
11*01
tOOs.n 10.h.11-03
11C4
1.203
11* 5
8.n.
a,too
1,903
lyo.'
<01
11-06
11-07
11\8
2XJ
.11-09
1(0 ».n. lith.ll- 9
1.100
-200
...ll-ic
H U
,100 total Not.
1.203
•2.»0...:
-2.700
,4/kO
cts.
4/00
2.i00
10-81
U-89
i/03
10*30
100...,
1.200
103
10-31
1/92
io- ^3
8,000
l.lnU
1/03
2,3 JO
10-91
10-96
ld-97
1098
6 30
10-9
1/00
4,901
1,^00
11-00
11*01
1 -i2
600
11-03
2,2)0
a,700
1-JI
11- 5
1.600
1.600
1,700
U*I6
ll-*7
11-08
100
1 l-o-9
49,900 total Dec.
For January.
500
1 *89
600
10*90
1/91
800
1,500
2 390....
10*92
10 93
1/31
..10*95
7.5UO
7.1(A)
10*1-6
10-82
....10-83
1 ,-al
5.790
2,6co
5,JK)
2.500
1/97
...10 98
10*99
ll*3fc
11-01
1 -31
10-85
5,80!)
11-02
5 *W...
ll\3
1/37
1,900
11-34
For December.
•l'O
700
bales.
ba’es.
2.60!)
90'‘
ct«i
.11*05
1 -U6
10/00
3,400
11-07
11-8
900
11-09
7.200
11*10
5.30)
5 .2 0
11*11
: 11*12
7,000
11-13
11-14
/ 11* i5
For March,
cts.
11-18
903
11-19
4A)
n-20
£00
n-21
300
H--J2
bales.
1,000
.
1.590
2,0X1
2, 200
11-23
li-2|
li->5
100
600
60)
11-01
11 (6
11*16
>1-17
U <0
7 0
703
11-25
11-7
il *23
11-3)
11-31
11-32
11-33
1134
1.-35
full 1
1 : ’in
1/00
11-08
1 700
11-9
l!*10
500
300
60)
11- 1
11-12
M‘0
3,300
11-37
11-38
11-39
11-40
11-41
11* ,3
1 *14
11-15
1/00
11-42
600
103.100 total Jan.
For
100
600
400
600
1,500..
900
100
1,500.
1,400
1,-00..
9 0
100
209
500
4W
February.
.
500
ltd
600
11*16
11*17
ii i8
11-19
1.800
1,100
1.500
11*20
11-21
11-28
700
11-24
400
11 -25
400
100
1/26
...11-28
19, 03 total Feb.
’.'CO
1 603
200
23,630 total March.
For April.
309
200
300
400
'301...
100f.
*0.
70)
JO)
100
600
70!)
lt»
600
6X)
500
401
100
300
....11-68
...11-69
2,'.V0 total May.
For Jane.
11*52
000
cts.
11-61
11-31
11-33
11*35
11-35
r-s;
11*88
h"®'100
1,100....... ....11-64
11*65
..11-66
tl-oJ
....11-63
..
11-47
1.42
{ U5
11*80
.
.
.
i.dJO total June,
....11*71
....11-72
....11-74
•i3 pd. to exch. lOu Nor. for Jan.
Exchanged 300 Nov., 8. n. for reg. even.
The following will show the closing market
future delivery, at the several dates named :
OLA.88IF*OATTON.
jrrnoLINe TTPLA.JTD8—A.MSBICU V
Fri.
Market closed
Quiet,
llll
11-24
11-38
11*52
11*66
10-93
102*
10-*
102*
4*79
4-79
4-7j
lU"9u
10-90
10-98
Jaiuary
February
March
April.,..
May
June.
Tranjf. orders.
Bold..
Exchange
..
Wed.
TUC3.
10-9J
10-84
10-96
1/10
1/24
1/33
11-5-2
1/(6
10-95
1
°
oft
1/37
~
Fri.
s.
Lower.
11*01
10-97 '
1/08 ’
1/16 ;
,
1 97
1/5
1/17
ll 31
1/41
ft
Thu
Higher.
Higher.
B£i ti/Oi /!) 1/U4
Higher.
lower.
10*85
10-85
10 91
11-(-5
1/19
1/34
1/47
1/62
ID-90
Steady.
November
December.....
Mon.
Sat.
.
and prices bid for
C3
CD
11 03
1/10
1/24
11 34
1/53
1/64
1/77
i/10
SI 11*71
w
1/05
102*
,4 79
1/30
11-44
,
1/57 1
11-71
11-05
'
102*
102*1
11-73*
by cable and
telegraph, is as follows. The continental stocks are the figures
of last Saturday, but the totals for Great Britain find ’he afloat
for the Continent are this week’s returns, and consequently
brought down to Thursday evening; hence, to make the totals the
complete figures for to-night (Nov. 9;, we add the item of exports
from the United States, including in it the exports of Friday
The Visible Supply op Cotton, as made up
only:
8tocfcat Liverpool..
8tock at London
1877.
1876.
1875.
1874.
398,000
22,50)
421,000
29/00
589,000
66,250
557,000
420.50)
455.500
153,250
7,000
41,000
9,00)
157,250
4,000
50,000
8,000
44, 50
50,590
12,500
104,250
5,000
13,000
652,250
188,509
2,750
55,05 0
13, SCO
52,75)
53,25)
10,509
6,000
9,250
14,000
8,000
28,000
306,750
354,000
370,250
395,500
727,250
35,000
223,000
Egypt, Brazil, <fec.,afloat for E’rope 42,(00
519,181
Stock in United States ports
Stock in U. 8. interior ports
73,017
6,000
United States exports to-day
809,500
180,000
1,023,500
145,000 "r
392,000
274,00)
Total Great Britain stock
Stock at Havre
Stock at Marseilles
Stock at Barcelona
..Li
Stock at Hamburg
Stock at Bremen
8tocb at Amsterdam
8tock at Rotterdam
Stock at Antwerp
Stock at other continental porta..
..
42.5C0
30,759
9,000
Total continental ports
Total European stocks
India cotton afloat for Europe....
American cotton afloat for Europe
Total visible supply.. ..baies.1,625,455
Of the above, the totals of American and
661.250
140,750
,
10,250
52,750
17,250
35,5(0
83,250
20,000
7,750
1,056,750
178,000
246,000
66,000
42,090
60,000
719,915
79,892
526,447
465,843
76,224
25,000
79.161
12,000
2,259,507
2.112, IT 1
2,101,757
195,0)0
138,000
157,000
246,000
19,000
other descriptions are is fol.Ortfc:
American—
174,000
174,000
214,090
214,000
223,0 >1
146,000
235,000
519,188
73,017
719,915
6.000
6.000
12,000
155,000
274,roo
526,41?
76,224
25,00)
bales. 1,209,205
I,2i9,205
Brazil. <tc.—
224,000
Liverpool stock
224,000
1,584,807
1,251,671
1,105,0)7
289,000
92,750
Continental stocks
35,000
India afloat for Europe..35,000
42,000
Egypt, Brazil, &c.,afloat... .
119,000
180,000
65,000
391/00
66,250
215,250
145.000
419,000
104,250
238,500
178,000
42,000
60,030
416,250
674,500
1,584 807
860,5(0
939,750
1,105,007
Continental stocks
American afloat to Europe
United States stock
United States interior stocks.
United States exports co-day
,
,
392,000
79,892
Total American
East Indian,
22,50)
22,503
*
Total East India, &c.:l...
Total American
.....
1,209.205
...1,209.205
Total visible supply . V.. bales. 1,625,455
1,625,455
Price Mid. Uplands. Liverpool... 6
6 -5-16d.
-5-16d.
29,509
465,843
79,164
19,000
1,251,671
2,259,307
6 ll-16d.
2.104,75?
2,112,171
6;,'d.
These figures indicate a decrease in the cotton in sight to-night
of 633,852 bales as compared with the same date of
a
decrease of 486,716 bales as compared with the
date of 1875, and a decrease of 479,302. bales as
with 1874.
1876,
corresponding
compared
At the Interior Ports the
and shipments for the week,
movement—that is the re/eipts
and stock to-night, and for
corresponding week of 1876—is set out in detail in
the
the following
statement:
Week ending
Nov. 9, 1877.
Receipts. Shipments.
Stock.
Weekending Ncv. 10, 1876.
Receipts. Shipments. Stock.
14,471
3,v07
6,404
14,063
2/01
3,763
3,267
4,9-2
13 823
11,161
1,965
10.226
3,981
7,654
7,972
8,322
4,763
18,012
4,094
12,155
1,465
5,000
21,701
1,943
15.632
2,389
5,930
27,360
2,046
1,620
6,200
.34,483
4,0)9
57,981
45,137
73,017
56,492
48,472
79,892
901
650
644
610
1,444
3,476
.3,814
940
910
802
2,636
2.750
3,48!)
5,837
1,860
6,539
4,360
3,163
2,568
6,898
6.596
990
1,025
2,700
<65
2,400
1,168
7,0)35
4.855
2,603
2,194
2,423
2,069
3,100
1,245
12,492
2,690
2 300
2,6(5
1,615
1,929
2,709
10,004
4,667
6,396
4,232
17,031
3,140
12,197
6,673
2/319
7,739
Total, new ports
41,729
33,767
53,603
50,694
Total, all
99,710
78,904 128,620
107,386
■'
Total, old ports
Dallas, Texas
Jeffereon, Tex.(est.)
8hreveport, La
Vicksburg,Miss....
Columbus, Miss....
Enfaula, Als. (esl.)..
Griffin, Ga
Atlanta, Ga
Rome, Ga
Charlotte, N.C
St. Louis, Mo
Cincinnati, O
*
12,807
7,205
7,280
7,863
14,727
4,797
5,116
*8,177
Augusta, Ga...
Columbus, Ga
Macon, Ga
Montgomery, Ala ..
Selma, Ala
Memphis, Tenn
Nashville, Tenn...
Of which
given in.
6.787
958
1,053
3,268
4,000
2,192
2,800
1,039
2/337
1,704
5,374
1,1<4
14,085
8,366
11-29
11-41
11-43
11-16
««.
Ip??
10'J....
1,301
following exchanges have been made during the wjek.
London stock
8A.LK8 OF SPOT AMD TRANSIT.
Closed.
The
11*57
....11-60
....ll 66
10*
MARKET AND SALES.
Spot Market
100
Liverpool stock
STAINED.
Strict Good Ordinary
11*49
11*50
11*53
11-53
For May.
3X)
11-50
203..
11*52
Fri.
Nov. S. NOV. 9.
NOV. 9. Nov. 8. Nov. 9. Nov. 8. Nov. 9
9Y
iO*
10*
9*
10*
10*
9* *
10*
10*
10 11-16
11 5-16
Th.
New Cotton.
Nov. 7. Nov. 6. Nov. 7. Nov. 6. Nov. 7.
9*
10*
11 15-16
12 9-16
Middling Fair
Ordinary
10*
200
bales.
300
cts.
bales.
11*43
5,700 total April.
..
Nov. 3. Nov. 5. Nov. 3. Nov. 5. Nov. 3. Nov. 5. Nov. 3. Nov. 5.
Ordinary
cts.
bales.
700
100
303
200
200
rvoL. xxv*.
2,619
2,563
1,535
2,491
14,519
6,933
7,006
43,955
58,219
92,427 138,111
4,624 previously received from the interior by compress,
and not
November
THE CHRONICLE.
10,1877.]
Kales
totaJs show that the old interior stocks have
during the week 12,844 bales, and are to-night 6,875
less than at the same period last year. The receipts at the
same
towns
The above
‘Jereased
have been 1,489 bales more than the same week last
year.
Weather
Reports by Telegraph.
461
Selma, Alabama.—Rain has fallen on two days this week. It
now cloudy and cold.
Madison, Florida.—Telegram not received.
Macon, Georgia.—Telegram not received.
Atlanta, Georgia.—It has rained steadily three days of the
week, the rainfall reaching ninety-one hundredths of an inch.
The thermometer has
averaged 52, the highest being 68 and the
is
The unprecedented
rains of the past month, especially in the Southwestern States, lowest 36.
have continued this week, and have been followed by a killing
Columbus, Georgia.—It has been showery two days of the
frost in the upper half of Texas and at some other points.
In the rainfall reaching eighty-eight hundredths of an inch. week,
The
thermometer has averaged 55.
♦he same section a very large amount of cotton has been blown
Savannah, Georgia.—We have had rain on three days of the
off some of it destroyed and all of it injured, while picking has
week, the rainfall reaching one inch and eighteen hundredths
;
been greatly interfered with, and in some sections entirely but the Test of the week has
been pleasant, the thermometer
stopped. The Atlantic States, though they have had considerable averaging C2, and ranging from 46 to 81.
Augusta, Georgia.—We have had heavy and general rain on
rain this week, have not suffered nearly as badly as during pre¬
five days of the week,
interfering materially with picking, but
vious weeks, and fair progress has been made in securing the crop.
as the week closes there has been a
favorable change in the
Galveston, Texas.—It has rained hard on three days this week, weather. Accounts are favorable. About
two thirds of the
crop
the rainfall reaching two inches and forty-five hundredths.
The has been picked and about one-half of the
crop has been mar¬
keted.
The
planters are sending their cotton forward
movement and picking of the crop have been interfered with by
freely.
Average thermometer 56, highest 77 and lowest 40. The rain¬
the storm, and much damage has been done both in quantity and
fall has been one and
eighty-four hundredths inches.
quality. The thermometer has averaged 60, the highest being
Charleston, South Carolina.—We have had rain on four
days,
but as the week closes there has been a favorable
72 and the lowest 46
in the
change
Indianola, Texas.—We have had rain on four days of the week, weather. The thermometer has averaged 62, the highest being80 and the lowest 44, and the rainfall has been
four and eighty
the rainfall reaching four inches and twenty-four hundredths.
hundredths inches.
We are having too much rain. We have had an unusually
The following statement we have also
received by telegraph,
severe storm this week, stopping all work, and much damage has
showing the height of the rivers at the points named at 3 o’clock
Nov. 8. We give last year’s
been done. The thermometer has ranged from 44 to 73, aver
figures (Nov. 9, 1876) for com¬
parison:
aging 58.
Nov. 8, ’77.—,
-Nov. 9, '76
Corsicana, Texas.—There has been a shower here on one day,
Feet.
Inch.
Feet.
Inch.
New Orleans.. Below high-water mark
12
4
the rainfall reaching thirteen hundredths of an inch.
We have Memphis
Above low-water mark........
8
10
io
io
Above low-water mark
5
10
had a killing frost and ice on one night, which was confined, Nashville
1
5
Shreveport. ...Abovelow-water mark
20
6
3
0
however, to the northern half of the State. The thermometer Vicksburg—Above low-water mark
12
Missing.
4
New Orleans reported below
has ranged from 32 to 69, averaging 50.
high-water mark of 1871 until
Dallas, Texas.—We have had one shower and a killing frost Sept. 9, 1874, when the zero of gauge was changed to high-water
mark of April 15 and 16, 1874, which is 6-lOths of a foot
above
with ice in this vicinity during the week.
Recent rains have 1871. or 16 feet above low-water
mark at that point.
flooded the streams and stopped the wagon movement and all
—Through an oversight we have omitted to notice the receipt
work. The picking season has been unprecedentedly bad, and
of the little annual book
compiled and published by Mr. John
much damage has been done, and the crop will fall short of
Jones of Liverpool, showing the daily cable records of
arrivals
calculation. Increased planting of small grain is
progressing.
Immigration has been very heavy this year, and is increasing and exports of American cotton, with closing quotations of gold,
and the Bombay cotton statistics, &c.
now.
The peculiar feature of
Brenham, Terns.—We have had a killing frost this week, this book is that it is of small size for pocket
use, and has blank
ruining the prospects of a top crop. Much damage has been columns
adjoining
the
receipts,
exports,
&c
in
which the dailydone by recent rains, and the streams are all up.
current figures may be entered.
New Orleans, Louisiana.—We have had rain on three
Thus it becomes a very con¬
days,
the rainfall reaching three inches and twenty hundredths.
The venient companion for all interested in the movements of cotton*
thermometer has averaged 58.
The rainfall during the month Mr. Jones has a wide reputation in cotton
circles, and his statis
has been nine inches and sixty-one hundredths.
tics are much relied upon in Liverpool.
His address is 28a
Shreveport, Louisiana.—Extremely unfavorable weather, al¬
Brown’s Building, Exchange, Liverpool.
most without parallel, has prevailed during the week, and
the
damage to cotton can hardly be estimated. The destruction pro
Bombay Shipments.—According to our cable despatch received
ceeds as the season advances, and planters and merchants are
to-day, there have been no bales shipped from Bombay to Great
badly discouraged.
Average thermometer, 50 ; highest 63, and Britain the past week, and no bales to the
Continent; while
lowest 37. The rainfall has been ninety-four hundredths of an
the receipts at Bombay during this week have been 5,000 bales.
inch.
The movement since the 1st of January is as follows. These are
Vickimrg, Mississippi.—There has been rain here on four days the figures of W. Nicol & Co.,
of Bombay, and are brought
of the week, the rainfall reaching four inches and
thirty-five down to Thursday, Nov. 8:
—
’
hundredths. It is estimated that the wind and rain
Wednesday
night beat out about half the cotton in the fields. Average ther¬
mometer, 53 ; highest 64, and lowest 34.
Columbus, Mississippi.—The rainfall during the week has
been two inches.
The cotton in the field has been
aged from too much rain, and there has been
the week.
Little Rock,
no
badly dam
picking during
1876.
1877....
1876....
1875....
*
,
r-Shipm’ts this week—, —Shipments since Jan. 1.—
Great
Con-
Britain. tinent.
5,000
6.000
Great
Total.
5,000
6,OCO
Con-
Britain. tinent
379,000 416.C00
561,000
H8,000
368,000
421,000
Total.
795,000
919,000
1,202,000
*—Receipts.—»
This
hince
week. Jan. 1.
5,000 1,041,000
6,000
6,COO
1,042.000
1,264,000
From the foregoing it would appear that, compared with last
year, there has been a decrease of 5,000 bales in the week’s ship¬
ments from Bombay to Europe, and that the total movement
Arkansas.—Friday and Saturday have been
clear, with the first visible frost of the season. The remainder
of the week has been
cloudy, with more or less rain and chilly, since January 1 shows a decrease in shipments of 146,000 bales,
The roads are so bad that it has compared witn the corresponding period of 1876.
disagreeable weather.
almost stopped cotton receipts, and it is impossible to
gather
The
the figures for last week, omitted at that
cotton this weather.
Average thermometer 49, highest 06, and time, asfollowing are
they did not reach us until too late for insertion :
lowest 30. The rainfall has been sixty-three hundredths of an
inch.
Nashville, Tennessee.—It has rained on two days, and we have
had killing frosts on two nights, but no serious
damage has been
done. The thermometer has ranged from 37 to 58,
47, and the rainfall has been sixty-six hundredths of anaveraging
inch.
Memphis, Tennessee.—There has been rain here on four days,
the rainfall reaching two inches and
eighty-five hundredths, and
the rest of the week has been
cloudy. It is still portending rain.
This weather does not open
crops, but iB rotting seriously, and
on the bottom lands last week’s
depreciation has been fully main¬
tained. Average thermometer 61, highest 75 and lowest 51*
There have been plenty of killing frosts and
ice, but it is so wet
they do not benefit.
Mobile, Alabama.—It has rained severely two day*1, two days
have been fair, and the remaining three
days cloudy. Crop
accounts are
less favorable.
We are having too much rain
picking is being delayed, and much damage is feared. Average
1875
...
.-Shipments this week-*
Great
ConBritain. tinent.
Total.
/-Shipments since Jan.1Great
ConBritain, tinent.
l,CO0
4,000
4,000
9,000
5,0 0
13,00-0
379,<XO
1,000
4,000
5,000
772,000
561,000
Total.
416,0C0
795,000
388,000
944.000
424,000 1,196,600
/--Receipts
This
week.
5,000
7,000
5,000
SiBi
Jan.].
1,011.00®
1,036.000
1,2:8,000
Gunny Bags, Bagging, &c.—Bagging is still
ruling quiet.,
and there is no change of moment.
For jobbing wants a moder¬
ate trade is doing and small parcels are
being taken. Holders
ask 12c. in a small way for standard quality, with a
disposition
shown to accept a shade less for round parcels.
L^ght
weight are
Butts are not moving to any extent, and the
only sales we hear of are 700 bales in small parcels. Prices are
quoted at 2|@3Ic. time, the higher figure being for a strictly
prime quality. Bagging quality is quiet, and the market is
rather in buyers’ favor.
One^arrival is to be noted for the past
week, viz., 2,000 bales per “ Blair Drummond.”
offering at ll^c.
The Exports of COTTON from New York, this
week, show a
thermometer 58, highest 76, and lowest 43. The rainfall for the
decrease,
as compared with last week, the total
8,41$
week is one inch and
reaching
seventy hundredths.
bales, against 9,606 bales last week. Below we give our usual
Montgomery, Alabama.—We have had rain on four days this table showing the exports of cotton from New York, and their
'week, the rainfall reaching one^inch and thirty-one hundredths.
direction, for pach of the last four weeks; also the total export#
The thermometer has
averaged 55, the highest being 73, and the and direction since Sept. 1, 1877; and in the last column the
total
lowest 39. We are
having too muoli rain and cold.
for the same period of the previous year:
*
e
¥orX since 8eot.l» 187T
Kxports of Cotton(bales) from New
Same
WEEK ENDING
EXPORTED TO
Liverpool
Nov.
7.
Oct.
SI
Oct.
17.
Oct.
4,512
7,983
24.
7,275
9,280
Other British Porta
to
period
prev’ut
date.
year.
Total
....
....
55,526
1,585
77,616
2,783
Britain .4,552
7,933
9,280
7,275
£7,111
80,399
Hsvre
Other French porta
250
115
122
9
165
1,139
4,928
Total French
365
Total to Gt.
•
3r.O
•
•
317
549
424
•
•
97)
317
....
....
....
....
....
4,928
514
4,613
1,310
5,302
1,450
7,053
7,573
1,2*6
....
*
••
*
*
....
Spain, &c
....
....
....
follows:
Sales of the week.
bale?.
Forwarded
Sales American,./.
of which exporters took
of which speculators took
Total’stock
of which American
Total import of the week
of which American
Actual export
Amount afloat
of which American
92,700
65,417
8,413
New York, Boston?
following are the receipts of cotton at
Philadelphia and Baltimore for the past
The following table will show
SifOt.
Mid. Upl’ds...
Mid. Orl’ns
week, and since Sept. 1/77;
Oct. 19.
Oct. 26.
Nor. 2.
Nov. 9..
50,000
2,000
79,000
3,000
45,000
6,OCO
45,000
53,008
31,000
4,000
"
2.000
4.030
448,000
210,000
425,000
16,000
57,000
11,000
7,000
115,000
87,000
176,000
7,000
6,000
111,000
49,000
3.000
23,000
6,000
1,000
406,000
173,000
26.000
20,0005,000
157,000
131,000
1.000
30,000
6,000
8,000-
398,000
174,000
47.000
33,000
6,000
171,000
146.000
the daily closing prices of cotton for the week;
Fn.
' Mon.
Tues.
Wednes. Thurs.
..@6 5-16 ..Holi- ..©6 5-16 ..@6 5-16 ..@6 5-16
..@6 11-16..day.
..@6 11-16..@6 11-16..©6 11-16
Satur.
..mVt
@6%
Futures.
These sales are on the basis
wise stated.
of Uplands, Low Middling clause, unless other¬
Saturday.
....
9,606
8.105
5,217
Grand Total
1,000 bales were for export and speculation. Of to-day’s sale*8,700 bales were American. The weekly movement is given as
...
....
•
All others
The
165
...
....
1,254
9
122
'300
Bpein. Oporto & Gibraltar Ac
Total
115
....
...
•
•
...
Total to N. Europe.
Liverpool, November 9—4:00 P.M.—By Cable prom LivbbPOOL.—Estimated sales of the day were 12,000 bales, of whieh
..
Bremen and Hanover
Hamburg
Other ports......
[Vol. XXV.
CHRONICLE.
THE
462
Nov. delivery, 6V@7-32d.
Dec.-Jan. delivery, 6 3-16@5-82d.
Jan.-Feb. delivery, 6 3-l0@5-32d.
Dec.-Jan. shipments, new crop,
6 3-16d.
sail,
Feb.-Mar. delivery, 6 3-16d.
Feb.-Mar. shipm’t, new crop, sail,6\'&
Nov.-Dee delve y, Orleans, Low JMy_
clause. 6 5-lrid.
Nov.-Dee. delivery, 6 5-3 Id.
Monday.
NEW YORK.
mdce’ts
from
New Orleans..
Sept. 1.
3S,C65
7,036
2,240
4,253
Texas
Savannah
Mobile
This
Since
week.
Sept.l.
Since
This
Since
This
week.
PHILADKLP’IA
BOSTON.
week. Sept.1.
....
....
....
BALTIMORE.
This Since
week. Sept.l
.
15,852
29,220
1,433
7,346
1,823
•••
...
2,182
6,670
9,663
...
*15
Florida
5.305
29.423
1,88.:
8,751
Virginia
North’rn Port?
6,657
36,248
554
Tennessee, &c
1,745
2,385
4,014
107
1,792
Total this year
31,779
165,795
Tofal last year.
41,926
277,282
Foreign..
clause, 6 5-32d.
Dec.-Jan. delivery, 6 5-32@%d.
Jan.-Feb. delivery, 6)£d.
Jan.-Feb. shipment, new crop,
& 3-16d.
sail,
Feb -Mar.
Dec.-Jan.
6 5-32d.
Nov.-Dee.
Feb.-Mar.
6 3-16d.
Jan.-Feb.
6 5-32d.
delivery, S>£d.
shipments, new crop, BaiL
shipm’t, new crop,sail, 6%d.
shipment, new crop, sail.
shipment, new crop, saiL
'
Nov.-Dee. delivery, 6>^d.
....
Tuesday.
2*375
12, i
ib
4.0^6
604
844
3,136
Nov.-Dec. delivery, 6}£d.
2,066
8.066
Dec.-Jan. delivery, 6}$@3-32d.
Jan-Feb. delivery, 6%a.
Feb.-Mar. delivery, 6>£d.
Oct.-Nov. shipm ts,new crop,sail,fi^d.
Nov.-Dee. shipm’t, new crep, eai),6>£d.
2,030 13,519
7,-177
2,033
64S
L87i
40,161
2,036
8,541
5,716 21,871
12,099 44,847
1,603
9,360
4,948
8,261
24,769
News.—The exports of cotton from the United
past week, as per latest mail returns, have reached
96,975 bales. So far as the Southern ports are concerned, these
are the same exports reported by telegraph, and published in
The Chronicle last Friday.
With regard to New York, we
Include the manifests of all vessels cleared up to Wednesday
night of this week.
Total balep
New York—To Liverpool, per steamers Idah^, 2,65*2 ..City of Mon¬
treal, 2,212
Britannic, 1,616... .Russia, 765
7,*275
To Havre, per steamer Canada, ICO and 65 Sea Island
165
To Bremen, per steamer America, 549....
549
To Hamburg, per steamer Snevia, 424....
424
New Orleans—To Liverpool, per steamers Fire Queen, 2,849
City"
of Bristol, 5,540
Andean, 3,600
IthuMississippi, 4,574
riel, 2,284
Lalande, 2,410
per ship Annie M. Law, 2,360 ... . 23,647
To Havre, per barks Nannie F. Bell, 1,440
Endeavor, 1,418
Reine de3 Anges, 2.290
per brigs Alerte, 655 — Victoria, 836... 6,649
To Bremen, per steamers Hannover, 1,894....Brazilian, 1.491
Shipping
States the
..
per ship Louise, 1,753
To Antwerp, per bark Rebus, 501
To Keval, per steamer Langshaw,
To Vera Cruz, p.r schooner John
5,1"8
501
5,527
5,527.... .*.
Me Adam, 533
Liverpool, per ship Kate Davenport, 4,154
Mobile—To
Charleston—To Liverpoul, per bark Champion, 2,600
To Havre, per ship Martha Bowktr, 3,( 00 Upland
3,015 Upland and 45 Sea Island — CecLe Augur,
533
96,975
particulars of these shipments, arranged in onr usual form,
follows:
Amster-
Ant¬
dam.
werp.
....
'
*
*
«
•
•
•
^
...
•
.
.
•
....
Baltimore
Boston
5,346
Pkilad’lphia
533
Total.. .58,035
.
.
.
...
....
•
•
•
....
250
,
•
•
.
.
.
501
.
1,700
.
.
.
...»
935
,,,,
.
....
.
.
.
.
....
....
....
....
....
....
—
....
....
...
%• • •
....
1,436
1,700
.
.
...
10,013
.
....
....
16,682
,
....
,
.
....
2,525
.
.
....
....
•
5S3
....
<
•
....
5,527
....
....
•
Yera
Cruz. Total.
.
....
Included in the above total* are, from
Cotton
•
Reval.
....
....
•
.
•
.
12.041
20,181
4,012
250
•
.
.
583
5,527
8,413
42,045
4,154
5,346
533
96,975
New York, 424 bales to Hamburg.
d
Sail.
d
Saturday .ll-32@y y@9-32 cp.
Monday
ll-32@y y@l-32 cp.
Taesday
Wedn’day..ll-82@% 24®9-32 cp.
Thursday..
@y @ X cp.
JFr day
@y @ X cp.
Steam. Sail. Steam.
c.
zi comp.
Zi comp.
c.
—
—
c.
% comp.
% comp.
Election Holiday
shipment,
6*@9-3-a.
new crop,
sail
Nov. delivery, 6 3-16@)^d.
Nov.-Dee. delivery, 6 5-32^3-161.
Dec.-Jan. delivery, 6 5-32@3-16d.
Jan.-Feb. delivery, 6 5 32@3-16d.
Feb.-Mar. delivery, 6 5-32@3-i6d.
Oct-Nov. shipments, n.w crop,
sail,
6
7-32<3>14d.
Nov. deliver}’', 6 9 32d.
Nov.-Dee. delivery, b 7-32d.
Dec.-Jan. delivery, 6 7-32d.
Nov. delivery, 6 5-l5d.
Nov.-Dee. delivery, 634d.
Dac.-Jan. delivery, 6)4 d.
Jan.-Feb. delivery, 6 7-32d.
Oct.-Nov. shipm’t, new crop,sail,
Feb.-Mar. shipment, new crop,
6 ll-32@yd.
6yd,
sail,
Friday.
Nov. delivery, 6
Feb.-Mar. delivery, 6yd.
5-16d.
Nov.-Dee. c.elivery, (i^d.
Dec.-Jan. delivery, 6i4@7-.32d.
Jan.-Feb. delivery, 0 7-32d.
Oct.-Nov. shipm’t,, Orleans, low
clause, sail, omitted, 6%d.
Dec. delivery, 62*d.
Dec. delivery. 6 7-32d.
Feb.-Mar. delivery, 6 7-32d.
mid.
Oct.-Nov. shipm’t,newbrop, sail, 6yd..
Dec.-Jan.
delivery, &yd.
BREAD3TUFFS.
Zi comp. — Zi comp.
Zi comp. — Zi comp.
Ji comp. — X comp.
Sail.
c.
—
—
—
—
—
Steam. Sail,
c.
Friday. P. M.. Nov. 9, 1877.
The flour market
to
opened the week firm and improving, owing
with a fair general trade, but prices have
smaller supplies,
latterly given way/until yesterday a considerable business was
done in common extras for export at $5 40(3)5 50.
Production at
the West is again very large, but the weakness of the market
was mainly due to sympathy with the decline in wheat.
To-day.
there was a good demand for common shipping extras at $5 50@
*
For wheat the demand improved, upon
5 60.
which prices advanced
l@2c. per bushel; but the improvement seemed to have no other
basis than the wants of shippers to complete cargoes, with per¬
haps a little speculation based on the smaller receipts at the
Western markets, and when the demand fell off and the receipts
at the West again became liberal, the early advance was as
quickly lost. To-day, several loads of No. 2 Milwaukee sold at
$1 29, and parcels of No. 2 Red Winter at $1 38$@1 38$. For
December delivery No. 2 Spring sold at $1 30, and No. 2 Red
$1 42$.
though varying slightly from day to day, shows
little change as compared with last week. The relative cheap¬
ness of other coarse grains limits the home consumption of maize,
and leaves the market more than usually dependent upon the
Winter at
Indian corn,
freights the past week have been a* follows:
Liverpool.
* ,—Havre.-—% ,—Bremen.—*
.—Hamburg—,
Steam.
delivery, 6 5-32d.
delivery, 6 5-32d.
shipment, new crop, sail.
Thursday.
2,690
Upland
..
p ir barks Lois,
1,559 Uplaud and
Total
.
Jan.-Feb.
Feb.-Mar.
Nov.-Dee.
6 5-32d.
Feb.-Mar.
Nov. delivery, 6 5-3*2d.
Nov.-Dec. delivery, 6}£d.
Feb.-Mar. delivery, 6^d.
Jan.-Feb. delivery, 6#d.
Nov.-Dee. shipment, sail; 6>£d.
Nov.-Dee. delivery, 6 5-32d.
Dec.-Jan. delivery, 6 5-32&3-16d.
4,154
bark Maggie Horion, 1,700 Upland
1,700
Savannah—To Liverpool, per steamer Athenian. 3,917 Upland . per
ship Camperdown, 3,924 Upland and 103 Sea Island
per bark
Athlete. 2,59i Upland
10,428
To Cork, for orders, per bark <nacan, 2,525 Upland
2,525
To Havre, p^r bark Orion, 2,217 Upland
2,217
To Bremen, per snip Senator Saen, 4,076 Upland
4,676
To Antwerp, per bark Flora, 935 Upland
935
Norfolk—To Liverpool, per steamer John Dixon, 4,012
4,012
Baltimore—To Bremen, per steamer Nurnberg, 253
% .0
Boston—To Liverpool, per steamers Parihia, 500....Bulgarian, 2,520 ...
5,346
Victoria, 2,326
Philadelphia—lo Liverpool, per steamer Ohio, 533
533
Liverpool. Cork. Havre. Bremen
549
165
New York... 7,275
5,133
6,649
N.Orleans...23,647
Mobile
4,154
7,651
Charleston., 2,600
2,217
4,076
Savannah... 10,4*28
2,525
Norfolk
4,012
Dec-.Jan. shipm’ts, new crop,sail,6^d.
Jan.-Feb. shipment, new crop aaiL
6 3-16d.
Feb.-Mar. shipment, new crop, iail„
6 3-16d.
Nov. delivery, 6 3-16J.
Wednesday.
7,651
33 Sea Island
To Amsterdam, per
are as
low mid.
*
S’th Carolina
N’th Carolina.
The
Nov. delivery, 6 3-16d.
Nov.-Dee. delivery, Orleans,
c
1 comp.
1 comp.
-1
1 comp.
1 comp.
Zi comp.
—
—
—
—
Besides, receipts are again liberal at the West,
maintained at high figures. To day,
prime sail mixed closed at 62$c. spot ano November, and 63@
63$c. for December and January.
foreign demand.
and the
visible supply
November 10, 1877.]
THE CHRONICLE.
R70 ruled firm, and several boat-loads of No. 2 Western sold for
export at 72c. Barley has met with a brisk demand at firm
prices; late transactions embrace No. 1 Canada at 94c.; No. 2 do.,
85c.; six-rowed State, 80c.; two-rowed do., 72c.; and Western
feeding stock at 57c., the latter for export. Barley malt has met
a better demand.
Oats have been active and
463
The Vital blb
(Supply of Grain,
comprising the stocks in
granary at the principal points of
accumulation at lake and
seaboard p >rts, and in
transit on the Lakes, the New
York canals
and
by rail, Nov. 3, 1877,
sales of yester¬
day embraced about 50,000 bush. No. 2 Chicago mixed, in store, at
37c., nearly or quite all for export. The market closed strong
at
38c. for No. 2 mixed, and 39c. for No. 2 white.
*
closing quotations:
Crain.
Wheat—No.3 spring,bush $1
213 1 24
Superfine State & West
No. 2 spring
1 273 1 29
ern
4 85£
30
No. 1 spring
1 313 1 33
5 403
Srtra State, &c
75
Red Winter
1 333 1 40
Western Spring Wheat
Amber do
1 353 1 41
extras
'
85
60@
White
1 403 1 52
do XX and XXX
25 Corn-West’n
00^,
mixed, new
603
63
do winter X and XX..
25 i
65®
Yellow Western,
623
63
do Minnesota patents..
50ifc 8 75
Southern, yellow
633
64
City shipping extras..
402, 6 25 Rye
703
78
City trade and family
Oats—Mixed
36 a
39
brands
6 503 7 25
White
373
43
Southern bakers’and fa¬
mily brands
6 503 7
5 753 6
3 853 4
2 t53 3
3 453 3
Southern shipp’g extras..
Rye floor, superfine
Oornmeal—Western, Ac.
Corn meal—Br’wine. &c.
50 I
40
66 &
State, 4-rowed
Barley Malt—State
Canadian.
733
76
783
83
653
85
003 1 15
833 1 00
State, 2-rowed
!
40
Barley—Canada West...
1
00
50 l
.
...
1
Peas—Canada.bond&free
The movement in breadstuffs at this
market has been
lows
as
223,715
143,477
.
500,000
4 867
21,3i8
196,25?
430,242
*
.
149,658
7,930
•
•
•
160,0(0
35,000
95,406
262,942
22,723
7,851
....
243,000
99,164
522,798
253,093
•
•
12,748
•
•
•
15,000
50,811
2,100
9,219
491
63,340
6,879
20,101
127,440
221,581
650,168
1,575
50,712
79,681
43
3.925
•
73.315
17,600
10,979*
.
116,298
294,532
2-, 1,582
1,418,153
1,482,489
1,514,342
9,513.205
9,560,813 3,543,860 3,042,739
674,223
585,211
9,561,035
3,727,077
9,651,153
2,403,731 673,969
3,306,306 4,206,893 916,638
.11.322,164 10,439,577
3,850,969
10,974.544 10.558,764 4,150,341
Estimated.
UBCEIPTS AT NBW YORK.
1877.
For the
Since
week.
Jan. 1.
2,591,634
2,*22,437
644.689
fol¬
Flour, bbls.
83,318
2,708,539
2,708,539
199 054
199,054
EXPORTS PROM NEW YORK.-
Same
«
1877.
For the
Since
week.
Jan. 1.
3,275,551
32,674
1,136,539
30,165
2,907
1,606,433
2,267
184,923
144,545
Wheat, bus.l,321,783 17,523,’l38 21,805,891 1,679,085 16,032,400
631,287 21,660,115
Corn, 44
326,789 29,105,065 23,761,193
308,809 21,065,718 339,894 15,367,496
Rye,
“ . 36,224 1,624,547 1,181,327
55,699 1,832,292
41,416
913,559
Barley. 44 . 416,048 4,749,262 4,204,122
q ooq
50,368 1,095,251
Oats ..."
228,283 10,301,595 10,292,813
617
201,632 35,234
500’ 010
The following tables show the Grain in
C. meal,44
5,415
.
153.816
,
.
.
sight and
the
ment of Breadstuff's to the latest mail dates:
agCBIPTS AT
LAKE AND RIVER
3. 1877, FROM
NOV.
AUG. 1 TO NOV.
Flour,
bbls.
At—
Wheat,
bush.
(60 lbs.)
(196 lbs.)
42,701
663,194
69,695
929,016
1,781
94,978
U,354
224,522
1,875
12,700
29,565
258,174
1,798
22,650
Chicago...
Milwaukee
Toledo
Detroit..
Cleveland
St. Louis
Peoria
Duluth
*3,803
Total
4,200
....
1,527,970
984,487
1,375,768
..
Barley,
bush.
(48 lbs.) (56 lbs).
204.356
55,863
106,307
1,454
5,512
79,428
65,600
69,832
43,000
20,700
....
1,119
400
11,300
7,630
...
608,892
46., 142
490,667
816,836
....
472,707
358,730
402,891
66,295
65,156
124,387
298,540
72,968
20,SS5,555 6,937,691 4,578,490
22,397,969 7,110,664 2,213,290
22,726,316 4,806,004 2,554,602
5,127,627 1,359,985
4,083,905 1,625,389
4,141,425 1,145.874
3,250,749 930,290
9,750,610 2,907,434 482,638
OF
FLOUR AND GRAIN
FROM WESTERN
RIVER PORTS
FOR THE WEEK ENDED
NOV.
AND FROM JAN. 1 TO NOV.
3:
Flour,
bbls.
147,704
Nov. 3. 1877
Oct 27, 1877
Oct. 20, 1S77
Cor. week’76
Cor. week’75
Cor. week’74
Cor. week’73
Wh°at,
bush.
Corn,
bush.
Oats,
bush.
LAKE
AND
3, 1877.
Barley,
Rye
bush.
bush
1,993,398 1,223,957
295,994 257,333
50,831
199,233 1,434,033 1,104,512
383,074
238,425
5,631
185,135 2,555,675 1,591,983
625,273
813,480
46,341
167,580 1,403,730 1,754,654
424.089
232,939
90,255
162,409 2.540,805 1,196,530
£08,523
37,140
98,813 1,151,437
766,616
317,580
170,190
180,592 1,136,288 1,176,653
439,491
123,103
45,326
Tot Jan.l to Nov.
3..4,210,655 36,608,405 62,539,901 16,229,099 4,476,044
Same time 1376
2,169,000
3,965,424
42,528,579 68,399,608 18,300,799 2,970,617
Same time
1,797,78
1875......4,478,256 50,677,931 38,904,414 18,879,686
flame time 1874
2,003,581
4,942,554 55,967,394 41,369,927 15,419,285 2,511,364 758,017
2,861,683
aBCBIPTS
....
OF
FLOUR AND GRAIN AT SEABOARD
PORTS FGR THB
WEEK ENDED NOV.
Flour,
At—
Portland
Montreal
Philadelphia
Baltimore
New Orleans
Previous week
...
Cor. week’76
JamltoNov.
3...
AND FROM JAN. 1 TO NOV. 3.
Wheat,
bbls.
bush.
107,130 2,003,308
76,332
101,995
3,500
1,000
34,391
360,495
19,460
118,100
23,157
291,400
11,498
2,250
New York
Boston
Total
3, 1877,
Corn,
bush.
426,529
110,916
3,500
170,095
307,100
239,008
109,186
Oats,
bnsh.
338,429
63,150
1,500
2,1 £3
37,100
20,000
29,143
205,468 2,833,518 1,366,326
431,515
277,677 3,536,842 1,306,434
878,916
262,266 1,151,101 1,393,911
552,558
6,546,113 34,987,896 74,033.552 17,806,353
Baney,
bnsh.
457,524
24,000
....
78,275
100,500
,
Rye,
bnsh.
23,931
eoo
•
•
•
•
•
•
•
•
and
of
makes of worsted dress
goods were
but values of domestic goods
some
production;
disposed of at low
generally were fairly main¬
Foreign .goods ruled very quiet, and
many styles of
fancy dress fabrics, silks, &c., are
selling at exceptionally low
prices.
Domestic Cotton Goods.—The
exports of
this port, for the week
domestics from
ending November 6, were only 782
pack¬
ages, since which time a shipment of
4,120 packages was made
to China.
Brown sheetings were in
steady demand, and the best
makes of three to
five-yard goods are well sold up, and firm at
ruling quotations. Bleached shirtings were
very quiet and wide
sheetings continued dull in first bands. Cotton
flannels were
fairly active in low Knd medium grades, but fine
qualities moved
slowly. Cottonades were taken in moderate
lots,
and there was
a fair hand-to-mouth
demand for colored cottons and
corset
jeans,
which were steady in
price. Print cloths were
fairly
active
and
closed firm at 3 11-16c.,
cash, for extra64x64s, 3£c. for
standards,
and 3 5-16c., cash, for 56x60s.
As
above stated, prints
continued
unsettled, and Washington fancies were reduced
to 54c., less
4 per cent, while
Sprague’s fancies were offered by a
leading job¬
bing house at 5|c. net by the package.
Ginghams
and cotton
dress goods continued in fair
demand.
Domestic Woolen Goods.—The
feature of the business in
department was the increased attention
this
given to
by the clothing trade, from which some liberal spring
orders
resulted. Fancy cassimeres and worsteds of
spring
weights have
been placed on the market at about
last season’s
prices,
despite
the advance in
wool, and buyers are consequently
disposed to
woolens
operate with
some
freedom.
In
heavy woolens for men’s wear
importance, and transactions were
light in the aggregate, though some fair sales of
cassimeres
there
was
were
made
no
movement of
by means of low prices, and rough makes of
over¬
coatings were in moderate request for small selections.
doeskins, repellents, Kentucky jeans and satinets were Clothe,
severally
in light demand, but there was a
steady inquiry for small lots of
flannels. Worsted dress goods were
generally quiet, and
little animation in woolen shawls
Foreign Dry Goods.—There was
was
there
or
felt skirts.
a
very light demand for
imported goods at first hands, and the
offerings at auction were
meagre and unimportant as a rule.
Black cashmeres and meri¬
660,299
44,231 nos were
fairly active, but colored merinos continued
448,764
204,043
dull, and
473,186 440,049 there was considerable
pressure to
sell high-cost
fancy
4,917,949 3.168,198 dress fabrics at low
prices.
Dress
•
•
•
•
17,000
2,500
....
flame time 1876....
Same time 1875,... ,8,175,423 36,459,270 76,295,639 21,369,160 5,154,503 1,081,820
flame time 1874.... ,8,037,161 45,761,582 50,050,032 16,645,959 3,019,157 378,13
,9,137,594 55,755,365 46,741,418
17,815,801 3,229,661 881,997
at Montreal 3,323 bush.
peas.
for cassimeres and worsted
coatings for future delivery.
Prints continued
unsettled, and some large lots were closed
out
by agents at prices which barely covered the cost
8,520
400
Estimated.
SHIPMENTS
orders
figures,
Rye
bush.
(32 lbs.)
384,426
27,000
27,187
15,551
27,300
24,327,870
10.070,031
8,561,261
12.064,917
Friday, P. M., Nov. 9, 1877.
Business has been light and
irregular the past week with the
package houses, and the jobbing trade was of
strictly moderate
proportions. There was, however, a more
active demand for
spring woolens by the clothing trade, who
placed some liberal
tained.
bush.
(56 lbs.)
964,064
’75..
729,571
Tot. Jan.l to Nov. 3.-3,986,427
42,456,413 70,273,566
Same time 1876
4,558,757 47,431,528 72,239,793
Same time 1875
4,105,813 53,610,004 43,156,616
Same time 1874
5,228,673 70,399,802 52,651,821
TotAug.Uo Nov. 3.1,752,585 32,164,795 27,372,979
flame time 1376.
.1,622,989 20,SS7,390 29,885,445
flame time 1875
1,472,894 28,201,216 15,417,18?
flame time 1874
1,683,847 *7,426,519 14,261,155
AND FROM
Oets,
bush.
200,485
136,800
2,375,234
182,268 1,635,549
152,787 1,915,034
150,912 2,333,203
Previous week
Corn,
15.150
150,000
3,
3.
193,903
13,363
164,569
Corresp’ng week,’76.
move¬
PORTS FOR THE WEEK ENDING
JAN. 1 TO NOVEMBER
THE DRV GOODS
TRADE.
-1876.
For the
Since
week.
Jan.l.
.
time
1876.
silks
ruled
•
175,000
81,900
38,698
212,022
11,360
2,468,054
.11,234,293
7,556
97,730
28,373
7,854
,
.10,364,287
61,503
17,524
87,32.)
•
Rye,
bush.
166,949
•
160,012
187,076
750,000
55,844
49,075
51,731
229,729
192,*07
363,429
178,384
20,143
....
269,594
bush.
1,770.759
106,000
72,776
338,880
13,353
189,845
Barley,
.
..
.
573.732
Oats,
bush.
:
r—
*
Total...
Oct. 27,1877
Oct. 20,1877
Oct. 13, 1877.
Nov. 4. 1876
95
43.0 '0
808,464
290,847
407,066
275, oOd
209,8^9
131,076
.
Lake
do
wee*.
Afloat in New York canals
4,800
403,437
583,690
361,275
291.000
..
..
bush.
984,374 " 2,643,502
•
$ bbl. |3 032> 4 25
So. 2
Corn,
bush.
In store at
York
In store at A o*ny
In store at Bn filo
In store at Coago
In store at A
vaukee
In store at In uth*
In store at T • *'do
Ia store at D roit
In8tore at 0> ego*
In store at S’,
.onis
In store at Bo- on..
In store at T< ~ nto
In store at Mo : real
In store at Phi
ulelphia.
In store at Pe. -rU
In si ore at Ind
1«napolis.,..
In store at Ka1 > is
City
In store at Bill more
Rail shipments, week
advancing, and the
FLOUR.
follows:
Wheat,
with
The following are the
was as
quiet,
bat
trimming and mantilla velvets were in fair
request.
Men’owear woolens were
only in moderate demand, and linen
good*,
white goods and
hosiery remained quiet.
464
THE CHRONICLE
v
Importations of Dry Goods.
[VOL. XXV.
Exports of Leading Articles from New York.
The
following table, compiled from Custom House returns,
ending shows the
exports of leading articles from the port of New York
Nov. 8, 1877, and for the corresponding weeks of 1876 and to all the
principal foreign countries, since Jan. 1, 1877, the
The importations of dry goods at this port for the week
*1875, have been
as
follows
totals for the last week, and also the totals „since Jan.
and 1876.
The last two lines show total values,
:
JEKTEBBD POR CONSUMPTION FOB THK WISE ENDING NOV.
8, 1877.
i
i*
Pkgs.
Minufactures of wool...
i
do
do
do
^ *
f. -
559
573
408
651
360
.
cotton.
.
silk....
flax....
.
Miscellaneous dry goods
1875
,
Value.
,
Pkers.
394
}229,368
1876
*
Value.
108,965
Pkgs
Value.
206
498
411
511
183
$69,143
112,295
125.427
287,833
102,714
83,680
'
SO
173,498
81,610
2,571
„
$92i,637
2,031
«
70,439
1,833
*756,302
do
do
do
S63
19?
73
349
cotton..
silk
flax
Miscellaneous
dry goods.
Total
76.552
29,482
1,223
^410.570
921,617
Addent’dforconsumpt’n 2,571
*63,578
961
35.451
$8S,867
25,616
51,700
28,003
45,535
38,605
13,316
1C,830
$205,04S
756,302
2,031
S
co' rr
$1,332,20?
do
do
do
51
253
220
59
4i9
cotton..
silk
flax
43
sceilaneouedry goods.
8,015
$961,350
$146,601
$92,231
69,686
88,234
32,377
62,303
33,495
19,<04
29,903
15,932
i.
CO T-l
C*
2,5*4
$407,451
921,637
649
$232,716
:,031
756,302
.-o
o.
O^OOvH
;c
JO
c
T-^ TT
CD
TO
—'
TT
r,
«
2
°0
£*
c*
I - M "D tS >>J< iD
—
r-OoT
OO
T5< QO CC
.TfOWiOVr.'3)(,aao
r«
.uj-^TTOWcoinj^aaow^
co uo
qo
00 >-> 35 C»
O
•
-
tt o* o rs* rj< c-
of of
ao
CO
SO
699
$209,543
J3
510,185
O
Ou ■*1* ^ ro
® > tt 02
*?
go
O 03
.CD ,-t
>-<co
.
-d
ti
1-
iO »—*
*
^0 00
«©*
*-*•-«
in
mm
m ao
tew
$715,723
<DSO
Ci
$35,674
22,164
52,294
51,647
J
r~ o O
•co«0'0-«^
* rt o* ci ao
j
|
•
.MOSHO-T
o a c w co «
co os ro 00 —1
d
•
■
r1
'
'rr'
O-l'COOOirf'N CDW^
o
or 1 ro 00
in n r*
•
in
•
o
• eo t- 'O »f5
'
c7 o
»*
j
$215,418
510,185
c*
CD C>3 00 tf:
os os eo 10
co o
c*
o
-T"*
05
rr
co
CO
CO
«
13,639 I
■1,069
1,309
...-((-
—
oT
Ou 05
D
71
Add ent’d for con&mnpt
•
xto
1.800
2,508
co as o* m
ot'Wf'o3S«N
_r
aoo
O i-l
i.00
©, rwa
o* as
tilT-
ct
rrio* d?>rTo'
^
.
ih
—
co
awqacoeoq-i- <mauino
•*->^5 ©
o U
•!->
—
<M
oo'io' to tj< oj oT od ^
©* o
'
r
<o
.
5.131
Total
wf —Tirf ao
£~ D O'. CO t- Dl ~D CD 3
—r
•
ENTERED POR WAREHOUSING DURING SAME PERIOD.
Manufactures of wool....
>t*ft*
(-fi-«HOCOOtJo»
O*
^
—*
^ £V *2
Total thrown upon m’k’t. 3,797
05
.nOI03!rt»r,0)»WiOi-®C''"w
its ® r im <M r*> r- *o w~'r O
CD
t
*1
—<
$153,865
65,730
82,941
241
►»
—.
SAME PERIOD.
oo^
r-j_
os'
-
Z
$510,135
■’
)J®inO!3'.Oh'W
QO
“
WITHDRAWN PROM WAREHOUSE AND THROWN INTO THK MARKET DURING THK
Manufacture*of wool....
**
CD 05
—<
1, 1877
including the
u
•-I
W
Total
i
1877
,
*156,628
506
379
529
223
161,419
281,121
140,764
—1.1
•
1
00(0
o> »n co *< o 1-10 ic on t— -N —«
Oi
m a*
o
]
j
Total entered at the port.
3,708 $1,329,090
2,080
$989,018
2,S78
$735,603
-i i-
■a
Imports of Leading Articles.
-■
„
.5 g
*9
T7
following table, compiled from Custom House returns,
shows the foreign imports of leading articles at this port since
January 1, 1877, and for the same period in 187'<3:
The
CO -JO tC3
O Vs** l~
•QOOWrt
•
t'.
•
•
£ i»»rr
•
■
■
■
•
o; m >o
-cr cs) rf
I H B
* o
>
■«—« o
:S5lt—
c»
r*
■
— OS
o on
1—or co
o t-i -x>
CD
^
r=
So
277
cs®
■
C3 CO co -i h
CTS rn
>»*
’
• ;c i-
ov
C< O
os ;o
«)
,
t- ao
•
<r»
•
OO
-
■
©*
cr e? co
•
o
C* C* T» r-t
[The quantity is given in packages when not otherwise specified.]
1
Since
Same
Since
Same
Jan. 1,’7? time 1876
Jan. 1,’77
•
J, v>h
.
.00 -0
o or v>
< l
n*
O
S
-
r?7 CC
»0
O'. O
CO OS »—t f— O*
«',0 05^-(TJ<X>''l,,rs
*
EarthenwareChina
Earthenware.
Glass
Glassware
Glass plate
Buttons.
Metals, Ac.—
Cutlery
35,975
Lead, pigs
Spelter, lbs
31.234
271,631
33.6S0
6,874
Steel
Tin, boxes
7,971
4,637
CO
TH
5/9o
.
Coflee, bags
Cotton, bales
slabs,lbs..
48,732 Paper Stock
vO.384
‘1 65 i Sugar, likds, tcs. &
1
bbls
1,55^,525 1,192.511
4,610
Drugs, Ac—
Bark, Peruvian.
Blea. powders...
28,0% Tobacco
23.651 Waste.
4,466 Wines, Ac—
55.212
Gnm, Arabic....
Indigo
4,62> 1
4,132
Oil, Olive
■Opium
Soda, bi-carb—
Soda, sal
Soda ash
Tiax.
Ganny cloth
Hair
730
1,251
19.587
54,051
55,375
Hides, dreeeed..
India rubber
1,574
5,376
49,836
ivory
Watches
Linseed
Molasses
•-«
S4
<
O
z
35,6 iO
4i,78I
®
*
1,184,664
53,466
39,146
7 S ) 65
....
.
t
401,314
1,867
3pices; Ac.—
Cassia
2.395
2,3*1
431
501
332,467
85,607
520.264
98,941
Receipts of
175,922
89.335
191.429
113,674
110,451
Ginger
Pepper
36,460
1,923
432,875
37S.C99
321 591
Saltpetre
Woods—
Cork
Fustic
36a,564
28,583
£4 4.671
The
516,103
592,031
37,124
43,666
time in 1876. have been
a3
Ashe*
f..pkgs.
Same
time 1876
5,980
4,977
Breadstuffs—
Flour
*Wbeat
Corn.
Oats
•Rye
D /S
Hemp
Hide*
Hops
“
...No.
bales.
Leather
sides.
Molasee*
hhds.
Molaases
bbls.
2feval Stores—
Crude turp..bbls.
fsplrits turp “
Monbi
“
■
Tar
“
127,393
66,71ft
598,863
199,0.54
533.916
6.072
4,304,122!
126,096!
Pitch
.bbls.
Oil cake.... .pkgs.
0;i, lard... .bbls.
61,456;
966,090
153,815
707,166
2,q:4{
Cutmeats
(t
.
a
Eggs.....
tt
Pork
Beef
Lard
Lard
•
Rice
69,510
35 1/02
21.410
— -d
-c
i- t 1.0
ti.o 00
oo cn o
In
cd_oo c/3‘cc_—
— a>
t©
OlO
00 co
y»«*i-roaTe*
t00
—1
CC
<**
.-I
•
c*
O
«oo
.
-
.VO
• (D rX)
f-1
©. —;
•
tr-Tod
*
-
’
^
•
•
•
.
*-
00 no
co m
’DC®
f^co
•
-«• -T
•
J
•
■
CO
00
CD
-
01 cr.
-.0
TT
(M
—
O'*
r-T
(O >
{- O -CD
V O c
•
-
«
■
or o 00 o m
tcc on
•
,
•
i.O-t-
:8SSS :
—
00
iio
O'.
WW
—
OS
cn 5
<T. ®s
o«<
.
.m
.
.
,
~
~*
OR TO
.00
OO ©
.CO
Oi>
:
po
•On-
•
•■■'•'
•
•
,
»
• -H
co
c*
•
co
0*
CO
-crJg
•
:
.^o
.cotO
:3!
on O 1-1
r
'
•
*1 rc_—■
*-< os*
1
®
xsm
cv os
•
•
.co
.
.
2: an 1
en
e*
Cl
a
©# cjo in
Criff)
rt
o»
mso
05 cn
o'oo"
•
O* (M
•
•
c*
74,032
I—■
•
i«K)
.
o>
•
■
'
on OJ
^
2t
GO
•
.
•
CO O*
r-QO
OD
aT
*rT •
O
Tf
• r.
.
• os
aO
—
n
:
:
*2
'R
■ D?
”
•-1
8
S**
£w
CD«
.
.
on “s —•
.
O CD
.
—<
.o-.no*
3,222
388,493
6,466
49,711
82,219
CO* O
3s
<0 r-1-
O* Ol r-<
>o>o
'
.
*
r.*
to
is
>cc2?c©t-or-»^Q**'
©»f^S
> to os
co *0 on cd
oT os
on
is.
«*"
n os
in* 27 m co
CD*
'5* 05* /J CO
C* r->
CO
T. 00 *t
*)co^eio
'M* cl
Of CD* l*
Q
ft* 00
o» —
C* ■O'
e*
OO
Cl
CD
o>
419,624
482.413
139,659
a
337,637
79,095
23 J, 869
31.940
20,519
39,810
316,052
19,110
i
.bbls.
blids.
pkgs.
«<
Tobacco.
3,277 Tobacco.... hhds
65,764! Whiskey ... .bbls.
IV. .094 Wool
bales.
16,964] Dressed hogs No.
33,187
319/6 >
16,335
726
12,626.
f 0,495
-
o n on <-
J ?7
:SS2gS55
2
•J!
c*
•
'■V
o
S
•
JP r—eo
no in
iSSKggb"?
*i-n'cc'Sb*
m
OT
*
§f
,CO®
:3X
.
‘
•
of
*3*S
C2
©
^
72£ 00
v?ncnSo<
*n c* *n »-* O
^
oil
l
cq
ssss'g'g
cf
X3
© *o
*
ry xj,
vX
.
r ^ *o
©
'ar
*n?» ® S? jg
•
rn
^ W — (C 2,' t
eo©cc ora.® o
« (> !»
eo
■
■*»>’ K5
C*
«
C»
S^S§ SS :5SSS§ SS;gs0*
■s'$^5*ge,§|
•
Zt * * co
.„*, ^
r-
*
189,500,
93,435
111/74
3
ii®^SSSs
«-T
H
132,636
89.968
116,917
69,63,
85.64$
ci
| •»
w
® w
^
s115
ar
*ri
O
: :jfl* :®J«a
■u„_«r2SsS :£§&«•=
o 5-*® Sig
la
.
*o
22h2S-'0«
PcacacqoiJ^
Sa?WS8*lll|f&N^iW5
OOOOCK^
f-"
n
r-„'^
eo o
- -
423
8,784
51,739
195,996
6 >897
i
:1SS227»
52“ S‘
1,089,760 1,081/61
1,953,988 1,600,086
863,390
441,064
37,716
i*
..
3.816
293,157
15,957
14 4.706
kegs.
pkgs.
...
3,079
co oco o co
no co r.
cv
co
132,227
u
i
2,940,865 3, 198,982i| Starch
76,955
06,067. Steariue
3,712,469 3.306,835 Sugar
463
405; Sugar
69,945
41,429: Tallow
•
.
^ CC'DCI
.
a
4,749,262
co xi
on
Xj -r in
no
in
cm
CD
d|2-
Since
Same
Jan. 1, *77 time 1876
.
Grass seed...bags
Bean*
bbls.
Pea*
’.bush.
Corn meal. .bbls.
Cotton
bales.
•
'TT-OODO
co
—
M3
bbls. 2,708.539 3,275,551
bush. 17,5*23.136 *21.805,391 Pean its
bags.
29.; 05,065 *<3,761,1981 Provisions—
“
Butter.... pkgs.
“
10,301,598 10,292,613;
Cheese....
1,624,547 1,181,3271
“
JiarieyA malt “
—
31
5!<—^1
22 ^ ^
■'*
:
|
j
• OJ UO -=>
, r- .. co
.'--w
.OS
-T
* OO
O; O
-
1
Since
Jan. 1,’77
*
;voom^t.oR««r.-;o»
^To*
eo
(DO
.
,
J
^
Produce.
follows
*
eo *“
•t©
i-'n
receipts of domestic produce since January 1, 1877, and for
same
d
7-
NT
'
he
n.
o
OCJ
.
Logwood
Mahogany
JDomestic
??
951,051
37c5,-i37
i?7.814
’
w
4
81,346
i05,6 53
$
1,063.764
S
•
74,734
—
eo
rOrr
t*
114 056
4,359
715
Jewelry, Ac.—
Jewelry
529
Of
•
—! *
;;
•
Wines
Wool, bales
Articles repoi'ted by
Kice
Bristles
CD Tf
m on
00 rr
.-fXIiOOTiOt'
50,735 Fruits, Ac.—
Lemons
3,162
916,712
936,331
5,6 11
1,207,757 1,213.783
Oranges
Nuts
685,992
6.5,671
1,377
Iiaisins
973,677 1,256,7;0
2,260
108,634 Hides, undressed.. 10,270,066 6,370,514
118,854
•
ft*
•22222;l!,|®,*~'y'oo'V5o-'~;«D
^ .evr*^.'jf5 CD Cl t—
1- in CD
ct T: S
s» wj cc d
on
C^CN
co rf o
v
—.
c7
’D
Champagne,bkt;.
value
.
.
-
33.533 Cigars
990 Corks
29.825 Fancy goods..
43.919 Fish
2,685
Hemp, bales
Hides, Ac—
45,343
.
ic-*oi
oo ■-<
398
1,246
4, v.>b
5,711
4,773
Fare
875,964
43,151
|«0
23.636
4,28 >
2.887
1,212
37,204
Madder
763,206
.
3,369
Cochineal
Cream Tartar...
-Gambler
70.794
‘502,314
537,643
2,472,395 1,715,912
77 4,803
783,815
52,365
46,S15
Tea
24.632
735
103,074
; co^
•
.Ort W
D O*
4,144 Sugar, bxs & bags.
l5.G4o
3,403
1,154
•
*' <?<
^
882,763
768,338
5,053,308 7,321,59 3
161.453
i22, < 1 2
Tin
63,932
Coal, tons
Oocoa bags...
*
3.3G2
Hardware
12,591
10
CD CO -r
D CCtr,
China, Glass and
lii
ro o? on -* oj o r.->
CO TO »o. CD • - o
•
.
• ri CS QO
OO
P9
«s c
ia
^
^
5m
i eo
THE
10, 1877.*|
Novbm®®11
CHRONICLE
4C5
GUNNIES.—See report under Cotton.
GENERAL
SALTPETRE—
HAY-
PRICES CURRENT
Ajp^tftr7ticit
Croton
Philadelphia.#...
V bbl.
Cement—Rosenuaie.....
80
^m^_Rockland, common....v bbl.
Rockland, finishing................
lumber—Pine,g’d to ex.dry.V M It.
Pine, shipping box..
•
do tally boards, com.to g d,each.
Oak
V M. It.
Ash.goo l
Black walnut
Spruce boards* planks,
'
ft 4 50
ft 10 00
ft 27 00
ft
1 00
ft
ft 1 15
ft 70 00
@ 22 00
33
<3
@ 40 00
ft 33 00
...
45 00
18 00
25
35 00
35 00
SO 00
22
16
30 00
.
•••
each
Hemlock boards, each.... ........
Mapie
VM.lt.
Bails—:o@6Ud.cr m.l'en.& sh-V keg
Clinch, IX to 3 in.&longer
@100 00
ft
28
ft
18
@ 35 00
ft 2 50
ft 5
@ 4 75
@ 2 75
4‘25
Sdflne
Cut spikes,
....
all sizes....
faints—Ld.,wh.Am,pure, in oil V »
Lead,wh., Amer.,pure dry.
Zinc, wb.,Amer. dry. No. I
Zinc.wh.. Amer.,No.1,In oil
Paris white. Eng., gold.... IP 100 lb.
BUTTER—Neio—{Wholesale Prlces)Dairies, palls, g’d to p’me State V n>.
Weat’nfact’y, tubs, g’d to ch’ee “
H’l firk.,tubs,State, f’r to prime “
top’me
Welsh tubs. State, com.
....
8
8X
<3
7X2
5
9
1 65
ft
<3
@
70
25
14
20
19
ft
27
@
@
17
21
23
“
CHKESK—
State factory, fair to choice
$Mb
Western factory, good to prime.. “
6
10
@
10X*
10XV
l-’X
nx
COAL-
Llverpool gae cannel
10 00® 11 00
Liverpool house cannel
13 Odd MOO
Anthracite—The following will show prices at
last auction, or ; resent schedule rates:
Peon. D.L&W.
D&H.
P. * R. L. A W.
St’mb...
Grate...
Egg
Auction.
Oct. 24.
II boken.
3 @2 50
—
2
42® l
2 I7@i
2 .-0®2
2 35@2
—
—
..
.
Btove...
Ch’nut..
—
—
Belied.
Port
Schel.
Sched.
W’nawken. N.Yors.
^2 50
5J
55
9U
'
42
2 50
2 90
2 65
2 95
2 90
2 tO
60and90 days.gld.v lb
do fair,
do
.gold. ••
do good,
do
gold. “
do prime,
gold. “
do
Java, mats c
gold. “
...gold
gold.
gol 1.
gold.
Jamaica
Maracaibo
Laguayra
8t. Domingo
gold
gold.
8avanilla
Costa Rica
gold
gold.
18
15X
19X3
22
“
“
“
.
m
....ft
d
26*
ft
21
18X@
20
,r
“
“
17 x *
17 ft
13X P
16 (,i
19X
19X
“
17X3
“
17
20 X
17
20
21
ft
COPPER—
Bolts.Sheathing, new (over 12 oz;
rirazlers’(over 16 oz.)
American Ingot, Lake
17;¥3
COTTON—See special report.
DRUGS & OifKSA-ium, lump. Am
V lb cur.
Argols,crude
gold.
Argols,refined
“
Arsenic,powdered
“
4
Bicarb.soda,Newcastle.V 100lb “
BJchro. potash...
Vib cur.
1
Bleaching powder
V kO n>. “
Brimstone,crude, per ton.gold 2i
..cur.
E.I. in bond. Vgal..gold.
.gold.
Ciustlc soda
V 100 lb
C lloratepotash
“
4ft
Castor oil,
•
*
Oichlneal.Honduras, silver...
Cichineal, Mexican....
Cream tartar, prime Am. & Fr.
Cibebs, East India
cur
Citch
.gold.
gold.
Guubler
'G nseng
•
22
30
<Q
ft
ft
2X
4 12 X
12X
1 40
& 28 00
@
ft
a
a J ‘25
ft
a
60
40
25
26
@
ft
cur.
Rhubarb, China,good to pr.... "
3*1 soda, Newcastle. V 100 lb, gold
Shell Lac, 2d & 1st English. Vfi.cnr.
V 100 ft. gold
Sugar of lead, white,prime,VIbcur.
Vitriol, blue.common
“
FISH—
Gr’d Bk. A George’s fnew) cod.V qtl.
do
do
Layer,
do
Loose,
Valencia,
Carrants,
....
per
501b.frail
19
2 00
4 00
•24
@
a
••••
1 2»
19
a
a
a
a
4
do
French
Figs, layer
.
....
Saniinej, V quarter dox
Matron!, Italian
V ft
Domestic Dried—
Apple S .uthern, sliced
V n>
,
do
do
do
quart rs
12
6 50
10
?x
5X
2j
2 50
4 25
.
-
22 X
ft
20X3
21* *
20xa
21
21
21
17
15
11
11
3
13X
3
1
1
1
Si
40
50
30
21
80
19
‘
lix
ft
51X
a
@
@
36
3l»X@
S7x@
Honduras, ehebt
a
37
33
@
v ton. 13 TO
@ 20 (HI
17 ou @ J9 (0
16 50 @ 18 00
24(0 @ 26 50
Store Drices,
Bar, Swedes, ordinary sizes.. V ton.130 00 @132 50
Scroll
V lb. 2 5-10@
5
Hoop, Xx.No.22tol&’.Xx.l3&!4 “
5 @ 2 3-10
.
SX
7 X
16 Ya
11
1?
.'X
20
8 (>()
2(’X
13 V
14
1
6
11
f<t
27
12
ii
@
@
a
24
16
16
8
@
10
6X
8
Batavia
23
ft
q
20
21
is
Ginger, African
6X0
6
Cloves
do
stems
@
@
@
90
S5
@
37X®
40
14
■gold.
Brandy, foreign brands
Rum—Jam., 4th proof
St.Croix,3d proof
V gall.
“
“
....
Gin
“
Whiskey, Scotch
“
Irish
“
Dome8ticliquoi%8—Cash.
Alcohol
3 75 @ 17 00
4 (0
@ 3 00
3 50 &
4 00
3 00 (e%
3 25
4 00
3 6J
3 60 <& 3 90
2 C8
1 10
gall.
li
English, spring,2d & 1st quality
English blister,2d* lstquallty ftft
English machinery
English German,2d & 1st quality “
blister
cast, Tool
1 11
Store Prices.
16
l4Xft
English,cast,2d*lstquality tflbgold
cast
15X
@
SPIRITS—
American
American
American
American
American
12V
6X3
9
6*
14
&
9X@
ioy
lOXift
I1X
....ft
....ft
...ft
....ft
..ft
9
16
.cur.
spring
machinery
German spring
9
10
.
....
'
LEAD—
Ordinary foreign
Domestic, common
Bar (discount, 10 p. c.)
Sheet
V 100 lbs, gold 6 37Xft
common
“
@
8
.ft
25
24
24
28
32
31
32
@
V lb
tilde, h.,
m.
.
22
22
26
& 1....
rough
Slaughter crop
30
Oak. rough
27
rexas.crop
i>0
ft
£8
“
“
toprlrae
“
43
33
40
“
42
@
4J
@
@
43*
46
60
43
@
@
ft
46
refining
.V bbl. 2 25 ft
2 37X4
Tar, Wilmington
Pitch, city
2 25
Spirits turpentine
V gal
lned to
Rosin, strained
to good strd.V
strd
bbl.
low No. 1 to good No. 1
low No. 2 to good No. 2
low pale to extra pale..
window glass
ft
33X@
....ft
10 ft
80 ft
50 ft
50 ft
2
1
2
4
“
“
“
“
2 50
2 5J
?4
1 77
3.X
30
V lb.
Brazil
Fil erts,
Sicily
Walnuts, Naples
4
do
do
• t
• ft
ft*
granulateI
11
12
5
Pecan
OAKUM—Navy.U.S. Navy & best V
!b.
@
@
@
11X
12 X
8X4
10X
12
<6
Coffee, A. standard
34
00*‘
Olive, in casks V gall
Linseed, casks and bbls
Menhaden, crude Sound
Neatsiooi, No. 1 to extra
Whale,bleached winter...
Whale, crude Northern
Sperm, crude
Sperm, bleached winter
Lard oil. Nop. 1 and i
.V gal.
*•
**
..
52
,
1 15
53
*
“
“
•*
42
65
67
45
90
60
62*
1 (5
“
“
1 10
1 35
65
5*4*
V*
Refined, standard white......
7*
16X
“
.
.
“
13
.a
7
UK
ft
..
.
V bbl.
“
“
**
“
«
@
6i
15 00
13 00
“
V ib
“
”
Rangoon, in bond
Patna, auiy paid
SALTTurk’s Island
4
8x
13X
S'. 5
9
8X
7% 4
6*
Other Ye’low
74S3
..
4*
TALLOWPrime city
WTestern
6
1 IV P
6X3
6X
3X«
7X@
7X
TIN—
Banca
Straits
gold.^ Ib
ft
**
Sr. Martin
Liverpool .varioussorts..
80
1 10
•a
ft
8X l
Plates.1. C., coke—
Plates.char.terne
6
10
Myson, Common to fair
do
Superior to fire
do
Extra fine to finest
cur.^lb
22
so
40
Choicest
do
•
.
.
1 50
I
@
47X®
2 U>.@
....
^
..
6 25
21
Super.to fine
30
47
Ex.flneto finest
Choicest
67
24
37
Bunpowder.com to fair
do
Sup.to fine
Ex. fine to finest
Choicest
Imperial. Com. to fair
do
do
Sun.to fine
Extraflne toflnest
Hyson Skin.* Twan.. com. to fair.
do
do
Sup.to fine
do
do
Ex. fine to finest..
qo
Sup’rtotine
do
Ex.fine to finest..
Oolong, Common to lair,**.
do
Superior to fine
do
Kx fineto finest
do
Choicest
Souc.A Cong..Com. to fair
do
Sup’rto fine
do
Ex.flneto finest
@
0
a
26
40
57
82
82
a
0
0
ft
ft
0
45
62
85
25
40
52
20
21
Nominal.
21 ft
£2 ft
42
43 a
55
‘< 2 @
28
32 a
42
45 ft
55
65 %
75
20 ft
25
M
42
ft
47 ft
57
...
.
TOBACCOKentucky
lugs, heavy
Vft
“
leaf,
•*
Seed leaf—New Eng.wrapper**7J-’75
0
0
5
7
It
5
12
90
75
filler?,’74-’75.
’74-’73
Manufac’d.in•»bond, black work
“
27
87
47
a
52
65
23
32
44
13
21
do
••
do
Pa. assorted lots,
ft
a
a
Nominal.
Hyson,Com. to fair
bright work
WOOLAmerlcan XX
v®
American, Nos. 1 * 2
American,Combing
Extra, Pulled
No.l, Pulled
California. Spring CupSuperior, unwashed....,
*
6
15
0
ft
@
@
ft
:
«•
@
95
w.
1 15
13Xft
21
21
ft
44
?S
£2
49
S7
ft
27
Am.Merino, unwashed
Cape Good Hope, unwashed
23
85
2 50
17
gold.
Smyrna.unwashed
ZINC-
9
do
2 0J
2 30
2 10
l 55
1 50
2 05
45
ft
57
40
25
ft
ft
SO
26
20
IS
32
83
H
28
A
IS
ft
ft
ft
a
a
a
21
16
ir
23
29
25
25
Burry
43
ft
ft
ft
20
South
1 41
@
15K
12X®
TEA—
_
*
....
Domestic..
KRE1GHTS1
16 x
•
V *, gold, net
SEiUSClover, Western
l?K
16X5
**
--ft
^bx g d. 5 62 X
Texas, fine. Eastern....
.a
TX
TX
@
....@ 7 11-16
.
“
Fair
Interior....
6X t
**
“
Clover, New York State...
TlrnoLny
Canary, Smyrna
Canary, Sicily
Canary, Duich
Hemp.torelgn
Flaxseed. Amoricau, rough
Linfcoeii, Calcu ta
V 56 ft. gol *.
Linteed, Bombay
V Cl A gold.
14 OJ
ft 17 50
ex
RICE—
Carol In a, fair to prime
V lb.
Louisiana, new, fair to prime..
“
....
ft
13 ft
....2
10 X
....
@ 16 10
..
li'Xft
**
Tara, assorted
14 25
-X
TX
6
•
Havana, com.to fine
Pork, extra prime
Pork, orime mess, West
Reel, family mess
Beef.extra mess.utw
Reef hams^.W. sum. cured
Bacon, City loug clear
Hams,smoked
Lard, City steam
TX
iox
44
—
V gal.
6VX
ll'Xft
lOXft
“
off A
White extra C.
Fxtra C <>o
Yellow C.
S2*
1 2J
60
4xa
7
9m ft
9X3
Uncolored Japan,Com.to lair
OILS—
Cotton seed, crude
8X
10
ftft
cut loaf
do
TV
@
a
ft
7\ ft
7 ft
...
do
X
7
8
“
and ex. sup
Batavia. Nos 1'@12
Brazil. Vos. 9@ll
R fined—Hard, crushed
*X
7’i ft
6 *
Me’atlo
Manil i, sup.
do
do
S5
@
4
a
...
Voung
00
00
<X
TV
.
Centrifugal, Nos. 7@13
7X
ft
....a
«•
Porto Rico, refin
fair to prime
Boxes, c ayed, Nos. 10@12
Englieli,refined
NAVAL STORES—
Tar, Washington .
6.X ft
...
Good
Molasses sugars
...V gal
Cuba, clayed
Cuba, Mu8.,refln.gr’ds,50test.
“
do
do
grocery grades.
“
Barbadoes
Demerara
Porto Rico
N. O., com.
SUGARInferior to common reflnirg.... $ Tb.
Hard, powdered
LEATHERtlemlock, Buen, A’res,h.,m.& l.Vlb.
“
California, h., m. & 1
"
@
6 4)
4 75
7
4 60
cur.
*‘
*•
Pork, mess,spot
30
5
do
'2X<3
22X0
ft*
.
Pig,American, No.1
Pig, American, No.2
Pig, American, Forge
Pig, Scotcn
....ft
white
STEEL—
3?
PROVISIONS—
5X 3
s
V ft,gold
@
SPICES—
Whiskey
@
Naphtha, City, bbls
50
15
50
Pepper, Batavia
do
Singapore
5 75
15
11
34
40
33
PETROLKUMCrude, in buln
7*
S
2
1
2
cur.
11X
15
13
ft
6 12X
6 25
@
common
do
‘
100 ft.gold
Domestic,
80
13
Mexican, sh°et
IRUN--
Foreign
Nutmegs,Bataviaand Penang
Pimento, Jamaica
12X®
V lb.
’
....
do
Calcutta
Mace
10X
LX
sxa
Esmaralda, prehsed, strip
Guayaquil, p essed, strip
Panama strip
Carthagena, nre3seJ
Nicaragua, sheet
Nicaragua, scrap
None.
None.
4 50 @ 6 00
@ 5 25
16
13
9
10
INDIA RUBBER —
Para, coarse to fine
a
’ix
575
3 37X
SPELTER—
1=
HOPS-
Crop of 1577
<irop of 1875
Oids, all growths
a
...
Cassia, ChlnaLignca
@
14
:ox#
...
•*
Usual reel Tsatless
Usual reel Taysaams
Re-reeled Tsatlees
Re-reeled Cotngoun
do
ft
@
ft
12Xft
“
....
6X
quarters
Per.chQF, pared, Ga.p> lit e * cln Ice.
do
unp red. halve* and qra.
Blackter»i*s, bags a id bbl?. (nan).
1'ssphei rles
Cherrle*. ary mixed and ntw wet.
Whortleberries...
@
f»Xft
5
do
@
13X®
12X@
State, sliced.
XJIums, Sate
ft
@
@
:ix®
5 a
Cautoo Ginge vwh * hf.pots.V case.
Sardine*, V half box
no
....
16 <9
....a
Pates
ft
22
22
**
no
62X3
7X@
'.
5*
5*
OIL CAKE-
28
23
...
new
Prunes,Turkish (new)
.<?
ft
City, thin ob’cng.bage, gold, V ton. 35 10
Western, thin oblong (Dom.) cur “ £3 5o
a
@
@
.3
50 @
1 25 @
21
ft
1 67X»
ft
7 X®
1 45
2 20
new
4
cur.
Calcutta, buffalo
Almonds, Jordan shelled
5X
52X3
2 0:)
new
old
new
do....
00
00
00
NUTS—
FKU1Tdo
do
..
Vib
100 lb.gold
per
SILK—
6Yft
“
E. I. stock—Cal. kips, slaught. gold
Calcutta kips, deadgreen...
"
“
6 (HI
Mackerel,No.!,*>!. Bhore
pr.bbl. 20 00 @ 22 10
Mackerel, No. 1, Bay
None.
Mackerel,No.2 Mass.Bhore (new). l> 5J ft 13
Mackerel, No. 2, Ray
None.
Ralsls8,seeaiess.
•*
*•
Texas,
“
32
8V
5ft
gold.
Opium, Turkey ..1.(in boi
Prusslate potash,yellow. Am..cur.
..cur.
Quicksilver
.gold.
gold
vib
270 00
..
••
....
«xa
#
,..cur.
*•
HIDES—
Dry—Buenos Ayres.selected.Vlbgold
Montevideo,
do....
**
Corrlentes,
do....
**
Rio Grande,
do....
**
Orinoco,
do....
**
California,
do....
**
Matainoras.
do
“
Dry Salted—Mara’bo.as they run “
Matamoraa
do.... cur.
do.... gold
Savanllla,
WetSalted—Buen. Ay, selected “
Para,
do....
“
California,
do....
“
“
22X4
Oil vitriol (66 Brimstone)
Quinine
to
1 12
!8
licorice paste, Spanish, solid.. .gold
Madder, Dutch
Madder.French, E.X.F.F,
Natgalls.blue Aleppo
@
37Xd
,
• ft
Jalap
Licorice paste,Calabria
Licorice paste,Sicily
'8
2t‘
2
00
12
8Xft
5J*@
ft«
Glycerine, American pure....
17^
2^ A
3
26
£0
4 15
79 <W
61
55
25
“
cur.
cur.
Soda ash.....
30
23
30
ft
...
Camphor refined
gold.2(5 00
Icaliau
Manila
Sisal
Jute
00
MOLASSES—
V Jb.
Brimstone, Am. i
@215
@135
@210
@275
130 Oil
pure
Crude
Nitrate soda
60
ft
Sheet, Russia
gold.Vlb
1(’X@
11
Sheet, single,double & treble, com.
4
3X@
Rails, Amer., at Works..V ton, cur. 33 00 @37 CO
Steel rails, at mill
@ 50 00
15Y3
..
.
Mexican
2 70
2 15
3 00
2 60
3 10
2 60
COFFEE—
Rio, ord. car.
NativeCeylon
*2 6J
55
V ton. 175 00
Russia, clean
g
2 23
8 uo
28 00
90
V 100 *
American dressed
American undressed
4X®
BKADSTOFFS-SeesDCClal report.
BUILDING MATERIALS—
Bricks—Common hard,afloat..V M
Refined,
North River sMon’iig
HEMP AND JU l’E—
To Hvxapool:
Cotton..........
lb.
fi bbi.
Flour
Heavy goods. .♦ ton.
Corn.b’lk* bgs. V bul.
Wheat, bulk * bags.,
Beel
¥ tee.
....
8TXAJ*.—.
9. d.
9. d.
.—
X
ft....
t 45 0
!*A1L.
,
s. d.
3 9
SO 0
VJt
...
3Xi....
6 6
4 'i)
....
d.
xcomp
a
2 6
(t
22 6
ft
S
ik
£0 ft
•
4
,.v
....
»
•*
.
....
It
TELE CHRONICLE.
46(5
z
UNION TRUST CO.
No. 73
YORK,
NEW
OF
-
Broadway, Cor. Rector St.
CAPITAL,
-
~
-
.
ACTING AS
Transfer Agent
and
Registrar of Stocks.
Authorized by law to act as Executor,
tor, Guardian, Receiver, or Trustee, and
Administra¬
Is a
Now landing and in yard, for
EDWARD KING, Pi'esident.
-Clearing-House.
J. M. McLean, 1st Vice-President.
Wit. Whitewbight, 2d Vice President.
COMMITTEE.
EXECUTIVE
J.
B.
E.
G.
M.
H.
B.
G.
The
Locomotive
sale at lowest market
prices in lots to suit purchasers.
Also, all kinds of
ALFRED
PARMELE,
RIPLEY ROPES, President.
CHAS. R. MARVIN, Vice-Pres t.
Edgar M. Cullen. Counsel.
Cambria
AND
NEEDLES.
BROADWAY, NEW YORK.
400
HELIX
E.R.Mudge,Sawyer&Co
AGENTS
Ellerton New Mills,
Atlantic Coiton Mills,
Saratoga Victory Mfg
ALBERT G.
Borden &
COMMISSION
70 & 71 West
Co.,
GOODALL, President,
Vice-Pres. & Manager.
Thko. H. Freeland, Sec. Geo. H. Stayneb, Treas.
BOSTON,
NEW YORK,
BORDEN
•
15 Chaunoky St.
PHILADELPHIA,
W. DAYTON, 280 Chestnut Street.
J
BROAD
STREET.
/Brooklyn Securities Bought and Sold
J. Alden
Gaylord,
St., New York,
Wire
SODA.
Olyphant
STEEL AND
IRON
AND ALL CLASSES OF
INVESTMENT & MISCELLANEOUS SECUrJTIES
Staters by permission to W. S. Nichols & Co., Bankers
&
Co.,
lof Power, &c.
Also GalIvanlzed Charcoal and BBfor
MERCHANT3,
OLYPHANT & Co., of
Co.,
constantly on hand from
which any desired length
are cut. FLAT STEEL AND
IRON ROPES for Mining
purposes manufactured to
order.
China,
York.
JOHN W. MASON & CO.,
43 Broadway, New York.
McAlister & Wheless,
DTTON CANVAb, FELTING DUCK, CAR COVER
ltfO. BAGGING. RAVENS DUCK, 8AIL TWINES
AC. “ ONTARIO” SEAMLESS BAGS,
44
AWNING STRIPES.”
Also, Agents
Cm 1 ted
staff
NASHVILLE, TENNESSEE.
ISAAC
No. 109
Duane Street.
SMITH’S
UMBRELLAS.
$1 00
2 50
2 00
SUPERIOR GINGHAM
GOOD SILK
PATENTED GUANA CO
EX.
5 00
QUAL. LEVANTINE SILK
Cor
Insurance.
References.—^Third and Fonrtn National Bank
Proprietors of The Chronicle
and
Railroad Material, &c.
PHELPS,DODGE&Co
North British and Mer¬
cantile Ins. Co.,
OF
LONDON AND EDINBURGH.
STREET,
Between John and Fulton,
Incorporated
New York.
UNITED
54 William
IMPORTERS AND
Tin &
Roofing Plates,
OF ALL
PIG
TIN,
SIZES AND
RUSSIA
CHARCOAL AND
LEAD,
DEALERS IN
KINDS.
SHEET
IRON,
COMMON SHEET IRON
SHEET
ZINC,
COPPER,
Spelter, Solder, Antimony, fcc.
MANUFACTURERS OF
COPPER,
BRASS AND
WIRE.
in
STATES
1809.
BRANCH:
St., Cor. Pine, New York.
Established
States Banting Company.
amppi* all Widths and Colors always In stock.
MERCHANT
8peclal attention given to Spinners’ orders.
apondence solicited.
COTTONS AILDUCK
And all kinds of
Chips’ Rigging. Suspension
Bridges, Derrick Guys,Ferry
Ropes, &c. A large stock
ft.
m,
104 Wall St., New
Brinckerhofi, Turner
Manufacturers and Dealers in
CHARCOAL
of
HOISTING PURPOSES, in¬
clined Planes, Transmission
Represented by
CLIFF
Commercial Cards.
CO„
superior quality
suitable for MINING AND
Hong Kong, Shanghai, Foochow A
Canton, China
COMMISSION
COALS.
Rope.
The dooomg Trade ONLY Supplied
COMMISSION
COMPANY,
COLONY STEAMBOAT
No. 11 Old Slip, New York.
IN
NX. LOUIS CITY & COUNTY RONDS
MINING
FALL RIVER LINE STEAMERS.
OF
33 Wall
&
St,y New York,
NAILS, BANDS, HOOPS AND RODS.’
OLD
SUPER-CARBONATE
SPECIALTY.
DEALER
MERCHANTS
FALL RIVER IRON WORKS COM’Y
MANUFACTURERS OF
Prentiss,
STOCKS
A
Lovell,
'UMBERLAND
COTTON
GAS
LOVELL
AGENTS FOR
43 & 45 White Street.
C. L. Van Zandt,
30
L. N.
From Various Mills.
PRINTS
£S A BUILDING PROOF AGAINST FIRE.
Boom 23.
WM. BOBDKN.
Drawer*
Hosiery. Shirts and
AND
H.
relating to the Construction and Equip-
ment of Railroads undertaken.
York.
Bajtc-Notes, Bonds, fob Governments and Cob
PORATION8, Bills of Exchange, Certificates
of Stock, Postage and Revenue Stamps
Policies of Insurance, and all
Kinds of Securities,
IN THE MOST ARTISTIC STYLE,
Geo.
THH
PITTSBURGH, PENN.
All business
F O It
Washington Mills, Chicopee Mfg Co.,
Burlington Woolen Co.,
142 BROADWAY,
AND
Company,
Edgar Thompson Steel Co. (Limited),
CO..
BANK-NOTE
New
Iron
JOHNSTOWN, PENN.,
John Dwight & Co.,
American
V'
Coupons and Dividends. Negotiate Loans and
Exchange on London.
Agents for the sale of STEEL RAILS made by the
AND
J. 8. Rockwell,
Henry Sanger,
Alex. McCue,
joti-i P. Rolfe,
Chas. R. Marvin, A. A. Low,
Thomas Sullivan, Abm. B. Baylis,
8. B. Chittenden,
H. E. Pierrepont, Dan’IChauncey, John T. Martin,
John Halsev.
Josiah O. Low,
Ripley Ropes
Alex. M. White,
Austin Corbin, Edmund W.Corlle i.
Wm. R. BUNKER, Secretary
ENGRAVES
Buy and sell Railroad Investment Securities. Col
ect
draw Bills of
TRUSTEES:
OFFICE,
MERCHANTS,
41 CEDAR, COR. WILLIAM ST.,
George A. Clark & Bro.
Company is authorized by special charter to ac
receiver, trustee, guardian, execuior or adminis¬
money.
Boston
New York.
Tuts
In the sale or management of real
40 Water sti eet,
BANKERS AND
Yard-537 West 22d Street.
MIL WARD’S
estate, collect interest or dividends, receive registry
transfer books, or make purchase and sale of Govera*, ent and ether securities.
Religious and charitable institutions, and persons
unaccustomed to tne transaction of business, will find
this Company a safe and convenient depository for
MEANS,
Treasurer,
J. S. Kennedy' & Co.,
32 Pine street.
Brooklyn Trust Co.
trator.
It can act as agent
W. G.
BLOOD,
Manchester. N. H.
The Trade supplied.
En«
MANCHESTER, N. H.
ARETAS
ANTHRACITE COALS.
1 ]Cor. of Montague & Clinton sts., Brooklyn, N. Y.
m
Locomotives, Stationary Steam
gines, and Tools,
Superintendent
the best
McLean,
Samuel Willets,
Hutton,
Wm, Whitewright,
Wesley,
Geo. Cabot Ward,
Williams,
Theodore Roosevelt.
J. H. OGILVIE, Secretary.
CAPITAL, f5O0,O0O.
Works,
MANUFACTURERS OF
Orrell,
American
LEGAL DEPOSITORY FOR MONEY.
Interest allowed on Deposits, which may be made
and withdrawn at any time.
N. B.—Checks on this institution pass through the
MANCHESTER
English Cannel,
Liverpool Orrell,
$1,000,000.
.
HAS SPECIAL FACILITIES FOR
1
Railroad Material &c.
Commercial Cards.
Financial.
■
[Vol. xrvj
December,
Called in and paid np Capital....
Reserve for all other liabilities, ip-
eluding re-insurance
Net Fire
Surplus and Reserve....
1866.
$1,363,63(5 36
2,517,928 04
4,618,620 70
Invested and Cash Fire Assets. $8,5 00,185
Subscribed Capital, for which the
Stockholders are personally lia¬
ble, not yet called in
$9,545,054
Reserve for total Liabilities, in¬
cluding re-insurance, in the U.S.
surplus in the United States.
Net
Fire Assets held in the U. 8...
10
64
$780,518 04
986,753 49
$1,767,276 53
The above does not Include the Life and
Annuity
Funds, which, by act of Parliament, are in a distinct
and separate department, for which the surplus ana
reserve of the Fire Insurance Department, namea
above, are not liable.
HAS. E. WHITE,
SAM. P. BLADGtfSN,
MA2TA6EB0.
@FedFRASER