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HUNT’S
MERCHANTS’
MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTEREST*
VOL. 19
SATURDAY. NOVEMBER 14, 1874.
CONTENTS.
THB CHRONICLE.
Resources
489
490 Latest Monetary and Commercial
Mr.
Spinner’s Treasury Report.
Emip ration and National Wealth
Railroad Earnings in October,
English News
and from Jan. 1 to Nov. 1
491 Commercial and Miscellaneous
State Finances, Defaults, and
News
THE BANKERS’ GAZETTE.
Monev
Market, U. S. Securities,
Banks,
Railway Stocks, Gold Market,
492
494
495
497
etc
Quotations of Stocks and Bonds
Philadelphia Banks, National
500
New York Local Securities
Investment and State, City
Foreign Exchange, New York
City Banks, Boston Banks,
501
and
Corporation Finances
502
THB COMMERCIAL TIMES.
Commercial
Cotton
Breaastnfts
Epitome
..
505 I Dry Goods....
506 I Prices Current.
510
511
509 1
Estimated
Financial Chronicle is issued on Gatur
news up to midnight of Friday.
and
day morning, with the latest
TERMS OF SUBSCRIPTION-PAYABLE IN ADVANCE*
The Commercial and Financial Chronicle, delivered by carrier to dtj
subscribers, and mailed to all others (exclusive of postage):
For One Year (including a file cover the first year).
, $10 00
For Six Months
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Total
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following rates:
Subscription to the Chronicle (including postage)
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'WILLIAM b. DANA,
sjohn o. FLOYD, jR.
Monitor
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Chronicle and Monitor together
«...
WILLIAM B. DANA & OO., Publishers.
$268,953,492
Actual,
Actual,
quarter for year end’g
June 80,
ending Dec.
1874.
81, 1873.
second
$163,108,384
573,768
6,443,867
$31,398,449
22,508.065
501,538
213,545
$81,853,492
$56,521,697
$288,449,855
109,439,823
1,852,429
14,053,779
disbursements, estimated and actual—fiscal team 1878-4.
Estimated
Actual,
Actual,
Actual,
for year
ending June
SO, 1874.
to subscribers of the
Annual
$49,195,403
25,640,454
2,073,768
11,843,867
Miscellaneous
first quarter
ending Sept.
30, 1873.
$160,195,403
94,840,454
Customs
Internal revenue
Public lands
Railway monitor,
a Journal of
general Railroad Intelligence, supplementing the financial news,
(contained in the Chronicle, is published monthly on Thursday the fifteenth,
or about the
fifteenth, of each month.
-Subscription price per year (including a file cover the first year)
$5 0C
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Chronicle
8 0C
Advertisements
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insertion, but when definite orders are given for four times, or more, a
very liberal discount is made. No promise of continuous publication in the
ibest place can be given, as all advertisers mnst have equal opportunities.
The London Office
is at No. 5 Austin Friars, Old Broad street, where subscriptions are taken at
Actual,
for year
ending June
30,1874.
The
“
NO. 490.
prised in the report before us. The total revenue from
all sources was 1288,449,855, and the total disbursements
$284,723,635. The surplus was available to reduce the
principal of the public debt, which fell from $2,147,818,713, on the 30th June, 1873, to $2,143,088,241, on the
30th June, 1874. The estimated expenditure was 290
millions, or six millions more than was actually disbursed,
while the estimated revenues were 268 millions, or 20
millions less than was actually received. These and other
comparative facts of general importance are illustrated
by the following table:
$t)e €fyrantcU.
The Commercial
DP THE UNITED STATES.
Civil & Miscell’eous.
War
department
Navy
Indians
Pensions
Interest
first quarter [second quarter for year end'g
June SO,
ending Dec.
ending Sept.
1874.
SO, 1873.
81,1873.
$67,792,294
47,795,053
27,792,454
9,408,715
30,478,156
107,051,907
$18,674,240
13,795,053
37,051,907
13,881,403
6,692,462
29,088,414
106,090,920
$290,248,000
$90,020,525
$62,823,377
$384,728,635
9,792,454
2,908,715
8,698,156
$20,044,238
11,849,378
8,343,211
2,862,830
6,842,816
$69,655,625
42,318,927
30,932,587
Qs.
2 14a
79 and 81 William Street. NEW YORK.
Post Office Box 4,592.
“ The Publishers cannot be responsible for Remittances unless made bj
J)raft8 or Post-Office Money Orders. Subscriptions will be continued until
ordered stopped by letter or at the publication office.
£9" A* neat file-cover is furnished at 50 cents; postage on the same is 20
cents. Volumes bound for subscribers at $1 60. The first and second volumes
of the Chronicle are wanted by the publishers.
Total....;
The 26 millions of
the
greenbacks which were issued after
panic contributed to diminish the funded obligations
—
•
•
.
The Business Department of the Chronicle is represented
interests in New York
among financial
City by Mr. Fred. W. Jones.
BT A complete set of the Commercial and Financial Chronicle—July*
1865, to date, is for sale at the offlece. Also one set of Hunt’s Merchants’
'Magazine, 1839 to 1871, sixty-three volumes.
of the Government from
$1,747,735,660 on the 80th
June, 1873, to $1,724,262,750 on the 30th June, 1874*
It thus appears that although we began the present year
with every prospect of a deficit, still the elasticity of the
resources of the country have, as in so many conspicuous
instances before, surpassed anticipation, and exhibited
extraordinary strength.
The year’s customs duties
amount, as will be seen, to 163 millions, or three millions
more
MR. SPINNER’S TREASURY REPORT.
than the official estimates.
This
excess
is note¬
worthy, inasmuch as the decline of importation due to
Spinner has just completed his annual report for the panic diminished the customs revenue by at least 8
the last fiscal year. Its details have been looked for millions, while the internal revenue suffered from like
with more interest than usual for several reasons. In causes a loss of 5 or 6 millions. Moreover, the navy dis¬
the first place, it covers a period of
great fiscal import¬ bursements were enlarged by the Cuban misunderstand¬
ance.
It shows that the Treasury receipts and disburse¬
ing and by other causes, so that there was a difference
ments during the year of the panic
exceed considerably against the Treasury of some 18 millions during the
the estimates laid before Congress, and
fully justify the year. On this showing, the elasticity of the revenue on
improvement in the national credit which has since been the one side, and the economy of administration on the
developed at home and abroad. The gratifying increase other, have been equally conspicuous. The receipts and
of the revenue has been continued
during the period disbursements for the fiscal year compare a£ follows with
which has elapsed since the close of the
period com¬ previous reports:
Mr.
[November 14 1874.
THE CHRONICLE
490
——
t—
^
"'""-f"*1
TREASURY RECEIPTS—FISCAI1
•
-
v
1
YEARS 1869-70 TO
:
-
1878-4.
*
-
1
.' '
1872-8 K 1871-2
1870-1
$216,370,266 $188,089,522 $163,103,834
134,898,786 143,093,153 137,165,574 120,559,331 109,439,828
1,852,429
^1869-70
£' 1873-4
$194,583,874 $106;270,203
Customs
Internal rev...,
Public lands...
3,350,431
Miscellaneous..
2,338,046
2,575,714
2,882,312
12.942,118
22,003,541
7,842,794
10,141,282
$395,731,029 $373,830,548
Total
TREASURY
Civil A misc...
Wfcr dept
1870-1
Navy.
Indians
Pensions
Interest
$53,237,401 $60,401,991
•
57,655.675
21,780,229
3,407,933
28,340,202
129,235,498
.
35.799,991
19,431,027
7,126.997
31,443,894
125,576,565
$293,657,003 $283,160,405
Total
$363,954,368 r $321,663,467 $383,449,855
j YEARS 1869-70 TO 1873-4.
1873-4
DISBURSEMENTS—EISCA
1869-70
14,053,779
1871-2
$60,954,757
35.372,157
21,219,800
7,061,729
23.533,402
116.607,979
1872-3
$73,828,110 $69,655,525
46,303,138
23,526,256
7,951,705
29,359,427
104,236.432
42,313,927
30,932,587
6,692,462
29,038,414
106,090,920
$269,809,834 $285,718,118 $284,723,635
by the circumstance
that the repeal of taxation during the last three years
has not been followed by a corresponding diminution in
Some criticism
has been evoked
— *
‘
cd&tum deposit. Under these circumstances the receipt of Na¬
tional bank notes was discontinued until the fund could be suf¬
ficiently replenished to again go on with redemptions. That time
has now arrived, and although the agency is still without\ snfRcient help, room, or furniture, yet it is confidently believed, if the
banks respond promptly when calls are made upon them in the
fnture to make good their redemption fund, in accordance with
the law, no further delay will occur, and that all remittances
hereafter made of National bank notes for redemption will be
promptly remitted for the sender in lawful mnuey. Notices will
soon be sent to the National banks advising them of the amounts
charged to their redemption fund to reimburse the Treasury for
the charges for transportation and the cost of assorting their
notes that have been redeemed in compliance with the law, which
provides that these charges and costs shall be in proportion
to the circulation redeemed.
As the law does not state whether
these charges
and costs shall be in proportion to the
amount in dollars of the number of notes redeemed, it has been
decided, after consultation with the Secretary of the Treasury and
others learned in the law, that, inasmuch as the charges for transportion are paid on the amount.of money transported, and that it
costs as much to assort one dollar notes as it does notes of a
thousand dollars, therefore,
be adjusted with reference
the proportion for
transportation will
and for other ex¬
collecting the revenue. Mr. Spinner replies
penditures in proportion to the number of the notes redeemed.
to this objection, and says that it is a mistake to suppose
that the repeal of taxes has been so adjusted as that
EMIGRATION AND NATIONAL WEALTH,
“the decrease in the receipts and expenditures ought
Tlie growth of nations is governed,” we are often
of necessity to have reduced the amount of labor required
told, “by great natural laws,which are as uniform in their
to be done for the transaction of the public business. force and movements as are the laws which control the
But such is far from being the case, and on the contrary,
physical growth of the human body.” Hence men
it has been largely increased.
All the machinery for the often illustrate and interpret the one by the other, and
collection and disbursement of the public revenue the obscure facts of national progress sometimes receive
the cost of
to tlie amount,
“
surprise many members
of Congress, inasmuch as the anticipation of a reduction
in the cost of collection was freely expressed in both
Houses when several of the fiscal changes were under
remains.”
This statement will
discussion.
One
of the most
suggestive parts of Mr. Spinner’s
interpreted in the light of the well-
elucidation when
phenomena of physical development.
Attempts
have been made by some of our correspondents to. apply
this well-known analogy to solve the problems which
have recently been so warmly discussed relative to emi¬
gration. Certain old theories of political economists on
emigration have lost their prestige abroad. They are
founded on the axiom of T. R. Malthus that the growth of
known
in which he discusses the operation of the
Redemption Bureau. We have frequently expressed
the opinion that the well-known energy of the Treasurer
population is an evil, and tends to increase poverty,
would soon succeed in giving efficiency to the new system starvation and disease. Of late years, the prevailing
of redemption, notwithstanding the obstacles which had views of this
subject have totally changed. The prin¬
to be surmounted.
Some of these obstacles are described
ciple which has always been recognized in tliis country
in the report. Instead of a proper delay for prelim¬ is more and more
rising into favor abroad—that the
inary preparation, which, in all such cases, is indispen¬ increase of population, so far from being an evil, is
sable to the smooth operation of new machinery like that
potentially a rich source of wealth, and is incapable of
of the Redemption Bureau, the act of June, 1870, says
being converted into evil except by misgovernment and
Mr. Spinner, “ went into effect immediately on its
by a mischievous economic policy.
passage, and individual companies and even National
A correspondent, whose communication is too long for
banks took instant advantage of that fact. National insertion in our columns, elaborates these facts,
and de¬
bank notes in all kinds of condition, from all parts of duces from them several inferences, two or three of
the United States, at once began to pour into the which are
very suggestive.
For example, he says that
There was no time whatever as the human body cannot thrive and grow upon mate¬
Treasury by millions.
given to make preparation to carry the provisions of the rial which is not fit for assimilation, so a nation like tl e
law into effect.
In a very short time more' than United States cannot absorb too rapidly into itself a
$20,000,000 of the notes of National banks that had mass of emigrants who do not possess the economic apti¬
been redeemed and that could not be disposed of lumbered tudes
and plastic faculties favorable to their assimilation
the vaults of the Treasury that were needed for its own into the
great organism of our national life. Emigrants,
use.”
he says, must be fitted by their habits of industry, of
Under these circumstances the Treasurer very judi¬
thrift, of self-dependance/as well as by moral energy
ciously, as it seems to us, adopted the policy of calling and social elasticity, if they are to partake of the politi¬
upon the National banks to deposit a voluntary fund of cal advantages which offer to the right sort of emigrants
5 per cent additional as a temporary means of lessening
in the United States.
the early struggles of the new Redemption Bureau.
Another principle is that our country, if it is to retain
report is that
•
This
request was
supported by the force of public
'
e
.
its old powers of absorbing an alien population with a
opinion. IIow it succeeded is well known. Mr. Spin- rapidity which has no precedent in the history of nations,
ner^explains this and other practical matters concerning must keep up its receptiveness by an enlightened finan¬
redemption, as follows :
cial and economic polity which shall su^ain the produc¬
As a general rule tlie banks behaved well, and did all in their
tive powers and stimulate the industrial activities of the
power to facilitate the redemption. Quite a number, mostly in
the principal cities, deposited a second five per centum before any
country to their highest possible efficiency.
of their notes had been assorted ; but other banks sent notes here
On these two principles our correspondent argues that
for redemption before they had even made their own deposits
wherewith to make redemptions. Not having any of the ap¬ the tide of emigration from Europe to this country is
pliances necessary to assort these notes so that calls could be not
likely for several years to resume its former limits.
made of the hanks to make good their redemption fund, it was
fouud that while the agency held National bank notes answering The
operatives of Europe, he says, are losing their apti¬
as security for United States notes remitted for their redemp¬
tudes for emigration, and our financial and industrial
tion, the Treasury had been drawn upon for more than five per
m
THE > CHRONICLE.
November 14 1S74.J
From these figures and* estimates, it appears that the
policy is rapidly impairing the attractions which during
the last thirty years have drawn to this country more progress of European emigration to this country has
than seven millions of immigrant foreigners.
How true received a notable check, and that there is abundant
these charges may he, we do not need in this place to scope for the widest diversity of theory in their inter¬
show. The discussion is well worthy of more attention pretation. What is obvious is that the panic of 1872,
than it has yet received among us.
In England some with the consequent arrest of railroad construction,
similar views appear to he commanding notice, and the which was one of its fruits, has disturbed the labor
markets of this country, especially in the iron and coal
London Economist has recently devoted several articles
districts.
Of the million of operatives thus thrown out
to the subject.
In one of these our contemporary ven¬
of employment, a considerable number were foreigners,
tures to suggest that the return of emigrants from this
who have availed themselves of the opportunity and
country to Europe is so large as to nearly equal the out¬
have invested their earnings in a trip to the old country.
flow of emigration, while this return movement is in¬
creasing so rapidly as to be likely soon to exceed the Whether, as is reported, the majority of these mechanics
intend to return hither after a brief visit to their native
emigration and to leave an annual balance in favor of
country remains to be seen. At present, the steerage
Europe and against the United States.
lists of the incoming steamers do not present any indi¬
On the other side the Anglo-American Times, in a series
cations of this return, which, in any case, would probably
of very intelligent articles,
has demonstrated the
be deferred until next Spring.
probability that the tide of emigration is destined to in¬
crease more rapidly in the future than in the past, and
that the recent diminution of its force is only temporary. RAILROAD EARNINGS IN OCTOBER, AND FROM JANUARY 1 TO
As to the actual number of the emigrants which have
NOVEMBER 1.
returned to Europe, and the causes of their quitting this
It is gratifying to be able to notice an improvement in
country, the most extravagant and ridiculous statements railroad
earnings during the last month. Out of twentyhave been published by the London 2'imes, the Fortone roads embraced in the table below only eight show
nightly Review, and by other foreign journals. Dining a decrease for the month of October as compared with
the fiscal year ending 12th June, 1874, the number of
the same month of 1873. Among the prominent roads
passengers reported to have sailed from the United States whose securities are known in this market, the Central
for foreign countries was reported at 134,C8G,while the ar¬
Pacific, Atlantic & Pacific, Illinois Central, Michigan
rivals for the same period were nearly three times as
Central, Ohio & Mississippi, St. Louis Alton & Terre
During the past summer the steam¬ Haute, and Iron Mountain all show a balance on the side
many, or 375,679.
ship fares for steerage passengers have been reduced, of increase. The grain movement at the West, which
and travel has consequently received a considerable
was very slow in August and early in September, has
stimulus. The precise figures representing this outward
increased largely, and this has contributed to help the
movement for the current half-year are of course un¬
business of Western roads.
We have also remarked
certain.
The estimates vary from 70,000 to nearly
heretofore upon the circumstance that last year at this
double that aggregate.
As to the arrivals of emigrants time the earnings were affected by the panic, and a com¬
during the past year the Bureau of Emigration at this
parison with that period is therefore favorable to the
port have compiled the following statement, showing the exhibit of the
present year.
movement since 1st January, 1874, as compared with that
In order to show how far earnings were affected
of the previous year:
by the panic, we have compiled the following table of
YORK, 1873 AND 1874.
the earnings of leading roads in, September, October,
-1873.1874.Total -Jan. 1
Total Jan. 1.
SeptemFrom What Countries.
Septernand November, 1873, and also in October and November
Oct. 1.
ber.
Oct A.
EMIGRANTS LANDED
AT NEW
ber.
to
to
156
1,341
143
1,124
3
Austria
4
2
16
5
1
17
Australia
Africa
....
British America
....
....
4
,,,,
Belgium.
100
511
44
281
Bohemia
355
3,238
285
2,414
6
39
14
79
3
2
6
438
5,527
341
2,968
1
14
1
19
4,180
28,123
2,721
16,235
312
1.895
369
7,971
79,687
3,718
2,117
32,652
3
8
1
16
Canada
China
;.....
....
Denmark
East India.
England..
France
German
Empire
Greece
Hungary
106
616
93
616
Holland
299
4,103
106
5,544
62,893
3,468
1,273
36,007
16
74
Ireland
145
25
Isle of Man...
Japan
Italy
....
510
Iceland
204
4,977
30
1
5
'.
338
10
....
New Brunswick
1
1
5,742
141
3,474
4
Norway.
•
4
537
Mexico
40
3
.
•
11
•
New Providence
Po: tugal
.
Roumania
Russia
Switzerland
Sweden
Spain
Turkey....
United States
Wales
West India
Nova Scotia
Total
....
8
530
307
896
952
10
Scotland
South America.
.....
•
1
2
328
420
5
....
24,040
previous
year:
1873.
1872.
1873.
$1,012,704
1,451,827
416,354
' 1,882,421
797,122
1,785,186
677,043
218,423
528,844
$950,945
1,433,918
439,581
1,817.369
881,692
1,764.783
786,333
408,254
621,351
$771,800
1,039,306
320,265
1,560,023
636,039
1,433.783
607.2.’0
266,533
369,005
1873.
Chic. Mil. & St. Paul...$1,193,200
Chic. & Northwest .... 1,511,781
Clev. Col. Cin. & I
459,256
Erie
1,918,247
Illinois Central
L. Shore &Mich.South’n
Mich. Central
Ohio & Miss
Tol. Wab. & Western..
884,185
1,791,375
763,481
215,426
593,810
earnings and expenses of the Ohio
Railway Company for three months are
The
Operating expenses, taxes
Less transfers as above
$958,156 89
95,512 80
included (64^ p. c.) were.. ..$651,419 80
95,512 80—555,907 09
.
$306,739 09
10,646 56
Less extraordinary expenses
Available surplus for three
months
following is a condensed statement of the result of
operations of the Pennsylvania Railroad on all its lines
east of Pittsburgh, for the six months ending Nov. 1,
1874, as officially reported to the financs committee :
6,255
Gross
3,910
7,268
1§3
717
2,008
4,656
Expenses
9,224
465
6
3,573
37
7
23
1,367
2,513
1
.
.
7
557
803
40
2
17
2,206
1,470
19
15
,2
7
18
50
227,891
15,784
124,680
$296,092 53
...
The
1,823
7
43
published as
Leaving net earnings
4,100
•
& Mississippi
From July 1 to Sept. 30,1874. were
Less transfers formerly included
4
12
•
$702,838
1,067,386
389,829
1,745,729
698.475
1,558,424
616 024
819,024
489,341
follows:
4
1
•
-November.1872.
October
Sept.
16
52
439
Malta
4,532
....
....
Luxemburg
1
....
....
of the
$19,698,642
12,45*',963
receipts
*
$7,245,678
Net earnings.
Income from investments
2,198,707
Total net receipts
From which deduct interest on bonds, outstanding
annual main line payment, &c.; also, dividends and
account of United Railroads of New Jeisey, and
scrip, semi-,
interest on
Delaware &
Raritan Canal
Balance.
•/.
-
$9,444,386
.
4,302,529
$5,141 656
i
Revenue held to meet possible dellcienciemrising from
of the company and from leases, and to provide for
iNovember 14,1874.
CHRONICLE
THE
492
of another State, or by citizens or subjects of any foreign
676,833
State.” It is under the protection of this provision in
. $4,265,523
the fundamental law of the land that States remain free
$3,422,165
guarantees
contingencies
Leaving as available for dividend, net revenue
Capital stock, $68,448,500 at 5 per cent
State tax
307,994— 3,730,159
on same
Balance to credit of
showing of the Pennsylvania road covers
below:
RAILROAD
EARNINGS
IN OCTOBER.
1874.
Atlantic A Pacific
~
Burlington, Cedar Rapids A M.
Central Pacific
Increase. Decrease
1873.
$539,100
142,314
1,507,000
$468,670
129,999
1,375,470
Cin., Lafayette A Chicago
Cleveland, Col., Cin. A Ind...
44,651
12,315
131,530
2,819
7,823
399,445
36,828
416,354
Denver A Rio Grande
Illinois Central
*23,704
804,097
24,150
Indlanap. Bloom. A Western..
146,958
•
•
•
446
6,976
*435,693
424.492
11,201
381,022
123,747
370,710
322.232
112,378
58,490
65,892
55,723
358,776
238,198
313,5f0
5,674
•
•
66,035
34,344
14,337
•
.
.
.
57,210
11,369
•
.
10,189
120,578
8,686
*96.087
87,401
93,985
118,083
34 098
475,127
87,303
528,844
95,567
53,717
8,264
$6,825,110
$6,492,714
Toledo, Peoria A Warsaw
Toledo. Wabash A Western...
West Wisconsin
Total
Net increase
$533 058
$200,662
$332,396
Three weeks only of October in each year.
GROSS EARNINGS FROM JANUARY
1
31.
TO OCTOBER
Increase. Decrease.
1874.
Central Pacific
Cin., Lafayette & Chicago...
Cleveland, Col. Cin. A Ind
Illinois Central
Indlanap. Bloom. A West.
...
$4,181,449
1,010.638
11,824,903
$4,179,210
$2,239
955,946
11,574,276
54,692
379,780
Atlantic A Pacific
Burlington, CedarRapidsA M.
1873.
324,423
4,161,661
6,928,594
1,296,654
1,824,781
6,017,982
2,849,690
3,121,504
1,168.764
505,929
2,108,568
1,064,741
3.455,029
6,493,302
1,392,739
1,710,827
*6,004,289
as
their debts, and that State bonds
obligations of honor only. Under the
on
it stood, a
$
25(»,627
55,357
706,632
435.292
......
96,085
decision had been rendered by
Supreme Court that a State might be sued by
the
citizen of another State.
a
This gave
much dissatisfaction,
eventually led to the passage of the Eleventh
and
Amendment
above referred to.
We shall not
now
question whether it was best to have passed
such an amendment, or whether it would he well now
to have it repealed.
We may quote, however, from
so
eminent a lawyer as Mr. Reverdy Johnson, of Bal¬
timore, who says, in one of his opinions, “ It has often
been regretted, and I think with good grounds, that
discuss .the
an
amendment
was
has been often most
•
•
147,797
858,166
198,528
Missouri Kansas & Texas
Ohio & Mississippi
tit. Louis, Alton A T.H.(main)
do
do
branches
St Louis, Iron Mt. A Southern
8t Louis A Southeastern
*
•
Constitution
such
16,909
•
•
797,121
152,632
81,762
392,510
184,191
International & Gt. Northern.
Kansas Pacific
Marietta & Cincinnati
Michigan Central
$
$70,730
79,099
81,918
Chicago Danville & Vincennes
prosecution
*
the
point which is of most interest this year in considering
railroad traffic, namely, the percentage of net earnings
to be realized out of gross receipts.
The saving on
operating expenses has undoubtedly been large in many
cases, and encourages the hope that the net results of
the present year will not be unfavorable.
A few roads
report their expenses and net earnings, but these are not
later than for September.
The returns are given
This
from
$535,364 become
virtually
profit and loss
of
ever
made.
The consequence
unjust to individuals, to the cause
justice, and to the interests of the States themselves*
States, because it has frequently induced them to
To the
engagements, under the confidence
compliance cannot he enforced, and this has
frequently resulted in injury to their reputation as well
as in wrong to the citizen.”
enter
into reckless
that their
In various ways the creditors of States have endeav¬
ored to bring suits for the collection of their
dehts^
usually by bringing their action in form against a State
officer, or by evading, through some other technicality,
the direct suit against a State; but the United States
Courts have generally looked with disfavor upon such
suits, and appear to be disposed to uphold the Eleventh
Amendment in its full scope, so
he a part of the Constitution.
was
that of “Self
vs.
long
as
it continues to.
One of the latest suits
Jenkins, State Treasurer of North
decision was rendered in the United
Missouri Kansas A Texas
States Circuit Court of North Carolina, in June last, the
2,618,025
Ohio A Mississippi
3,026,489
St. Louis, Alton A T.H.t'maicj
1,028,221
opinion being given by Chief Justice Waite. In this
do
do
branches
459,697
St. Lonis, IronM. A Southern
158,134
2,266,702
action, the facts .presented a strong case for the bond¬
St. Louis A Southeastern
47,285
*1,017,456
Toledo. Peoria A Warsaw
920,321
1,056,582
136,261 holders, as they sought a mandamus against the State
Toledo. Wabash A Western
4,947,906
616,431
4,331,475
Treasurer to compel him to reimburse the special tax
West Wisconsin
781,369
Total (excl. West Wisconsin)..$52,121,342 $54,090,211
$617,134 $2,586,003 fund from moneys in his hands from taxes for general
Net decrease
$1,968,869
Three weeks only of October in each year.
purposes, and apply them to the payment of interest on
the special tax bonds.
The following earnings for September, and for the
The money collected under a
nine months ended September 30, have lately been given special law t<^ pay interest on those bonds had been
diverted by an Act of the Legfslature, which the Court
out by the respective companies:
IN SEPTEMBER.
admitted to he unconstitutional, hut no subsequent law
Increase. Decrease.
1873.
1874.
Atchison Tcp. A Santa Fe.
$41,992 had been
$
$152,555
$110,563
passed to replace such funds, and the Court
30,536
175,833
206,369
Indutaap. Cin. A Lafayette
Marietta A Cincinnati
Michigan Central
113,954
13,693
231,665
98,015
140,543
46,232
....
..
Carolina,” in which
a
..
*
GROSS EARNINGS
1,063,993
Total
Net decrease
1,068,937
4,944
$1,350,389
Union Pacific
$1,427,861
$77,472
$77,472
EARNINGS FROM JAN.
1
Union Pacific
Total
Net increase
The net
$894,773
1,438,612
7,366,025
$9,764,252
Top. A Santa Fe.
Indianap. Cin. A Lafayette
1873.
$898,549
1,345,518
7,520,185
Atchison
$9,699,410
earnings of these roads
1874.
Atchison. Top. A Santa Fe.. $60,314
Denver A Rio Grande
16,620
Uniom Pacific
.
88,615
670,813
Decrease.
$
$3,776
..
154,160
$157,936
$64,642
$93,094
follows
:
,—Nine months.
$80,637
18,769
87 240
567,098
$498,225
,
1873.
1874.
1873.
..
93,094
were as
——September
Indlanap. Cin. A Lafayette
30.
Increase
TO SEPTEMBER
1874.
.
$323,696
*.
3,673,142
3,956,968
STATE FINANCES, DEFAULTS AND RESOURCES.
We
recently presented in the Chronicle a full state¬
ment of all railroad
bonds in default for non-payment
of
interest, and propose in the present article to examine
into the condition of State finances, and ascertain the
amount of their bonds in default.
ment
to the
The Eleventh Amend¬
Constitution of the United States
provides
of the United States shall not
“extend to any suit in law or equity commenced or
prosecuted against one of the United States by citizens
that the
judicial
power
refused to order the Treasurer to reimburse them
from
other moneys in his hands collected for general purposes.
At the same time it was intimated that, had the applica¬
original special tax money was
Treasurer, a mandamus might have
been issued to prevent his diverting it under an uncon¬
stitutional law.
It is pretty well settled, therefore, by
this and other cases, that the Courts of the United States
will not entertain an action brought by a citizen, directly
or indirectly, against a State.
In the table below we present the total amount of the
debt of each State, the amount estimated to he held by
foreigners, the amount of bonds in default, and the pro¬
portion of these believed to be held abroad. The figures
for the total debt and the amount in default are well
ascertained, hut the amount of bonds held are in some
cases necessarily estimates.
There is much more of de¬
finite information about the latter, however, than may
he generally supposed.
In case of registered stock a
tion been made while the
in the hands of the
preserved; then the sterling issues
and in addition to these
of information we have received careful esti~
record of holders is
are
known to be held broad,
sources
NoTemb# 14, 1874J
mates from
THE CHRONICLE.
brokers dealing most largely in particular bonds
bonds, from foreign bankers, and from agencies where
paid. The table is, therefore, presented with
some confidence that its approximations are very close.
The footings are as follows: Total State debts, $382,9<F0,517, of which there is held abroad $92,924,000; total
interest is
bonds in default
whose interest has
STATE
DEBTS, AND
ESTIMATED
States.
Total.
AlabamaDirect debt
9,Oo|(X)0
endorsements... 12,750,000
Arkansas—
For State purposes..
HELD
PBOPOBTION
ABBQAD—STATE
Debtsr-B’nds ii i Default—,
Rate per Estimated
Estimated
cent, held abroad.
abroad.
Total.
5,6 A8
3,000,000
8
5,000,000
7,600,000
5,200,000
8,796,000
5,014,000
1,231,000
8 & 7
7
1,612.000
8,774,000
6, 7 A 8 l
7 A 8)
22.433,000
6,7 A 8 1 10,000.000
9,000,000
12,850,000
3,0(1,000
5,000,000
6 & 7
10,500,000
9,000,000
1,689,000
4,904,000
1,386,000
2,159,617
FloridaState purposes
J. P. <fc M. Railroad..
7,600,000
500,000
3,774,000
6 & 7
1,000,000
5,200,000
3,774,000
8,774,000
5,700,000
2,000,000
9,000,000
3,000,000
1,000,000
6
6
8
Georgia—
LouisianaDirect deb
Temi
iporary
tingent
6
500,000
6 & 7
See remarks below.
6 A 7
5 A6
2,000,000
7
5,480,000
7,084,000
10,740,000
28,218,000
1,661,000
2,775.000
9,300,000
5 A 6
6 A 7
18,000.000
500,000
300,000
5,000,000
1,600,000
160,000
8,724,000
2.696,000
84,836,600
*2,433,000 10,000,000
2,000,000
5,700,000
5 A 6
20,858,000
10
•
.
•
•
...»
•
6
•
6 A 7
7
5 A 6
•
•
•
•
2,275,000
800,000
7,000,000
5,000,000
See remarks below.
New bonds since
war
South Carolina—
Ante-war debt
Virginia
5,400,000
4,100,000
4,000,000
11,400,000
8,206,000
246,000
24,500,000
2,638,000
6
•
6A7
•
•
•
•
2,000,000
6
6
6
6
5,400,000
6
..
„
1,500,000
4.100,000
700,000
4,000 000
11,400,000
.
3,500,000
500,000
8,000,000
7
6 A 6
6,000,000
••••••
6
1.700.000 tl3.200.000
1,700,000
6,000,000
50,000
—
(coup, not rec’able)
Registered Act 1872..
Deferred certificates.
Jnfnnded bonds (all
6 A 61
5 A 6
j
2,000,000
1,000,000
n
11,500,000
11,500,000
382,970,517
5
The State of Minnesota is
is considered to be
undoubted, and this view has also
been sustained by officers of the State themselves, at dif¬
ferent times, and by Judge Dillon of the U. S. Circuit
Court as a side question, or as the lawyers say, an obiter
dictum, in one of his opinions. Next to these States
comes Missouri, a State which is rich in resources, but
has, most unfortunately for herself and for the good
name of State honor, fallen into the mistake of
refusing
to pay gold on her bonds, although the bonds read on
their face as follows: “ Which the said State hereby
promises to pay in gold or silver at the
Bank in
the City of New York.” This agreement is obligatory
according to its terms, under the last decision of the U.
S. Supreme Court on the legal tender question, and aside
from the question of obligation, it is hardly possible to
conceive of such an unwise policy on the part of a wealthy
progressive State like Missouri, as to put herself
position of a semi-repudiator, and depress her
credit, to save such a paltry sum as she has done by
ignoring the full obligation on a portion of her bonds.
in the
All the other States in default have been embar¬
rassed from circumstances
arising out of the war of the
disorganized condition of affairs under
the process of reconstruction, including in some of them
the unfavorable elements of carpet-bag rule and negro
supremacy. These States are entitled to the utmost con¬
sideration, and wherever they make the least show of
offering their bondholders a fair proposition, with any
satisfactory guarantee of its fulfilment, their proposals,
we believe, will be readily accepted.
The great difficulty
with many of them is in the fact that the State debt
question is a political foot-ball, and a proposal made in
good faith by one party is likely to be overthrown on a
change of administration. A few of the States are really
rebellion and the
5 A6)
3,000,000
6 V
4,700,000
8,000,000
4
5 A 6
27,000,000
2,000,000 5,0,7 A10
6
250,000
Fund. coup, rec’able. 17,000,000
Funded registered..
3,000,000
Funded
Act
1872
action
against the canal trustees.
generally considered to
stand next to Mississippi, as she has " State railroad
bonds ” to the amount of $2,275,000 outstanding since
1858, and still refuses to recognize them. It is unneces¬
sary to go into all the circumstances under which these
bonds were issued, and it is sufficient in this place to say
that in financial circles the moral obligation of the State
an
and
6
North Carolina—
Funding bonds
exchange in that way, and
making the surrender almost compulsory. The
canal has proved worthless, and the creditors claim the
full payment for their shares from the State. By the
rules of honor which govern business transactions among
individuals they seem to be entitled to it. On a few of
thus
amount in
$54,174,000.
BONDS IN DEFAULT, AND ESTIMATED PBOPOBTION HELD ABBOAD.
RR.
surrendered for
(including Louisiana and Virginia, the old bonds not surrendered Mr. J. W. Garrett, of Bal¬
been partly paid), $164,732,000, of timore, recently recovered a judgment for their full
which there is held abroad
TOTAL
not
498
*i
A6J
14,700,000 46,000,000 14,700,000
•
''
'
92,924,000 184,732,000 51,174,000
unable at this time to shoulder their whole
debt, includ¬
ing endorsements, without ruinous taxation, and a just
compromise with their creditors is necessary. A great
part of this debt in some States has been incurred by
The circumstances under which the different States giving assistance to railroads, on which in most cases
now in default originally came into their unfortunate
they have some lien. Wherever the bonds have been
position have been widely different, and they are enti¬ issued in clear violation of law, and under such circum¬
tled to very different degrees of consideration. Missis¬ stances as to charge the purchaser with knowledge of
sippi is looked upon as the originator of State repudia¬ the fraud, or even with neglect in not ascertaining it
tion in this country, and her bonds issued in 1829 and the maxim caveat emptor should apply, and the States are
1839, and repudiated since 1842, have been a standing justified in not recognizing the bonds. But in applying
blot upon the fair name of the State. A part of those this rule the construction should always be most strict
bonds were actually sold at 113, and the money against the State, giving to innocent holders of bonds
reoeived by the State.
Indiana made a compro¬ the benefit of every doubt. Under this rule a part of
mise with her bondholders in 1846, giving them State the bonds of some States might perhaps be found fraud¬
stock for one-half of their bonds and overdue cou¬ ulent and void, but not a large proportion of them. As
pons, and Wabash and Erie Canal stock for the balance, to the valid portion of the debt, a fair proposition ought
about $7,500,000, the Legislature declaring at that time to be made to bondholders without delay; every month
that it would never make provision for the payment of l that passes without any sort of recognition of their obli*
In this State the debt is hardly more than nominal, as it is chiefly held in
State Funds.
t About $2,500,000 have just beeen funded into new bonds on which Interest
is paid.
(Novep^ber 14,1^74.
494
[From our own
gations throws a further imputation of had faith on the
States in question. As an outline of the principles which
creditors, it may be
to be consulted;
and ex-parte funding laws prepared, without any consider¬
should govern a compromise with
remarked primarily that creditors ought
correspondent.] . *
London, Saturday, Oct. 31, 1874.
of England have again declined to
of discount, and tbe minimum
Tbe directors of the Bank
make
alteration in tbe rates
an
As tbe month of October, during
usually strong, has now termi¬
nated, there is a very general impression that a five per cent rate
ation of the interests or preferences of bondholders, can of discount will be unnecessary. Much will naturally depend
hardly be expected to meet with their hearty approval. upon the course of tbe foreign exchanges and of tbe Continental
As to the terms of compromise, it should be remembered money markets; but as far as home requirements are concerned
that what the embarrassed States first of all require is there is every certainty they will be so small that not only can
time—and the principal of their valid debts need not be money not become dear, but, on tbe contrary, it is difficult to per¬
ceive bow tbe present very moderate rate can be maintained. It is
scaled down when there is a fair prospect that they can
true that the reserve is low, but it is £1,000,000 greater than at
Bond¬ this period last year, while tbe supply of bullion held by tbe
manage it within a reasonable term of years.
holders, and particularly foreigners, are generally more bank is £31,341,351, against £19,432,212, showing an increase of
willing to give time and accept a low rate of interest for nearly £2,000,000. The minimum rate of discount last year was in¬
the present, rather than see the principal of their bonds deed at tbe high figure of 7 per cent, but then wheat was 16s. per
sealed down in a manner that savors of repudiation. quarter dearer, while middling upland cotton was quoted at 8&d.
per lb., against 7 15-16d. per lb., tbe present price. Not only are we
There is a general confidence in the rapid development
paying much less for foreign wheat, but we require a much smaller
of our States, and there are few who would be willing
quantity, and consequently the estimated saving for tbe year of
to assert that even the most heavily burdened of them, £8,000,000 to £10,000,000 must be expected to have an important
might not in thirty years from date be able to carry the effect especially at this period, when tbe purchases made are very
whole of their indebtedness, provided interest in the large in view of tbe winter consumption. Again, the saving of
Id. per lb. in the price of cotton is also having a marked effect,
meantime is kept at a sufficiently low figure.
and as most articles of imported produce are selling at reduced
quotation is still 4 per cent.
taxable property of
which tbe demand for money is
For the purpose of showing the
the several States, as given in their
values, while tbe price of iron, iron manufactures, metals
coal is much less, it is evident that we are carrying on our trade
and the rates
with much greater
latest assessments,
of taxation prevailing, we have compiled
following table :
the
,
Kate of tax
per $100.
Assessed
Year.
Property.
1873
1874
1874
1873
1873
1874
*$93,980,157
104,972.329
600,0'0.000
348,855,457
30,000,000
242,487,382
1,101,013,463
950,500,000
125,084,176
228,666,653
250.000.0.0
Massachusetts
1874
Michigan.
1872
§1,831,601,015
Alabama
.
Florida
1873
1874
1874
1873
Georgia
1873
Arkansas
California.
Connecticut
...
Illinois
Indiana
Kansas
Louisiana
Maine
1870
.
.
+2,169.307,873
123,507,628
1,521,323.118
1874
1873
Ohio
Pennsylvania
1873
Virginia
Real estate
"
minimum.-
50 cents
been
50 cents
329,424,152
'
only.
+ Actual value
and to the former
itself, to send
admit of sup¬
plies being taken from tbe Bank, but should it at all approach
that point an immediate advance will be necessary in the official
great scarcity of bills on France and Germany,
country it is necessary, when the occasion presents
coin or bar gold. The exchange will not at present
This is the chief circumstance calculated to induce
15 cents' tlie Bank authorities to raise their terms.
40 cents
The demand for money throughout tbe week lias been very
20 cents.
70 cents moderate. The supply of commercial bills is small, but there has
40 cents
......
247,798.580
183.913.000
*320,000,00
207,920,526
1873
1871
1874
1873
Rhode Island
South Carolina
Tennessee
Texas
estimated to be $4,168,360,757.
values of the State, as the
property of corporations in Massachusetts, the deposits in savings institutions
and the proportion of bank tax belonging to non residents, are not included.
tbe settle¬
yesterday.
is ample, and the rates of discount are as
somewhat increased inquiry in connection with
the Stock Exchange, which was completed
a
ment' in
The
supply of money
follows
+ Personal only ; no State tax on real estate.
§ These figures do not embrac e all the taxable
:
Per cent.
Bank rate
€oiuwerctal Snglial) Neius
EXCHANGE AT LONDON, AND ON
AT LATEST
EXCHANGE AT LONDON—
OCTOBER 30.
'
LONDON
DATES.
EXCHANGE ON LONDON.
LATEST
ON
-
RATS.
TIME.
RATE.
DATE.
Autwerp
Hamburg
Paris
Paris
Vienna
Berlin
Frankfort
short.
11.16J4@11.17JH':
3 months. 25.10 @25.20
44
11.2734 @11.3234
....
....
20.69
20.68
....
48*@48)4
Cadiz
90 days. 52 11-16@13-16 j
Lisboa
3 months. 28.17^@28.22X'
Milan
44
28.17^ @28.22>4
Genoa
23.1734@28.2234
NaDles
New York
Rio de Janeiro
....
.
.
.
.
.
short.
44
....
44
4
3 mos.
short.
i
.
.
...
Oct. 30.
.
3 mos.
II
short.
Oct. 30.
Ayres..
Valparaiso
•
Pernambuco
Montevideo...
Bombay
Calcutta
Hong Kong...
•
• •
•
....
....
....
•
Oct. 39.
Oct. 29.
days.
days.
60"
90
....
Alexandria....
•
•
•
•
.
.
.
•
»
•
....
4.84
%%
4934
.
4s.034d.
bsM%d.
Oct.
Oct.
Oct.
Oct.
Oct.
10.
29.
12.
22.
....
6 mos.
....
....
22.
•
•
•
•
• • •
Penaug
Singapore
U. xQrt®X(i.
Is. 10 d@kd.
4s.0%d.
334
Berlin
Frankfort
Vienna and Trieste....
Madrid, Cadiz and Barcc*lona..°
Oporto....
Petersburg
5
5
434
6
4
6
3V
4J4
4V
4V
434
f@S
4
6
.
.
.
3
•
5s. y %d.
*•
• •
.
Oct. 30.
50V
Is. 10 Xd.
Is. 10 5-10tf.
is. 2d.@4'\2V<f.
•
mos.
....
95V
Open
rate.
per
Brussels
market
cent, per cent.
4
434
and
Turin, Florence
4k
5V
6
6
Rome
Antwerp
8k
Bremen
534
Leipzig
5@534
5
Genoa
Geneva
Copenhagen
.
..
4*
434
4
354
4k
6@7
New York
Annexed is a statement showing tbe present
r
•
•
....
....
...
110.50
6.22
119
33 7-16
St.
tt(t
•
•
...
..
Shanghai
•
Hamburg..
Lisbon and
Sept. 29.
....
25.1234”
%
Bahia
Bueuos
Bank
Open
per cent, per cent.
3X
4
Paris
Amsterdam
Per cent.
tbe leading cities
abroad:
26.15
20.24
b|nks and
..
following are the rates for money at
11.85
.
44
@20.73
@20.72
32*
St. Petersburg
Oct. 30.
3V@4
3 @....
3 @. ..
334© ...
344(94....
rate. market.
@20.72
20.68
25.10 @25.20
short.
3 months. 25.4 ^@25.4?^
2
allowed by tbe joint stock
follows :
Bank
Percent
bills
6 months’bank bills
4 @4.V
4 and 6 months’ trade bills. 434@5
j
Jointstockbanks
Discount bouses at call
Discount houses with 7 days’notice
Discount bouses with 14 days’notice...
1
Amsterdam...
4 months’bank
|
The rates of interest
The
TIMS.
|
3%@3V I
3%@3V
months’bills
discount bouses are as
RATES OF
4
-
Open-market rates:
30 and 60 days’ bills
3
.Catcat filanetaru aatr
very
40 cents
37,174,169
+165.362,443
1872
1873
Oregon
*
612.996 106
1873
NorthCarolina
50 cents
50 cents
$11234
30 cents
7234 cts
217,000,'00
578,755.502
19,700,000
1874
1872
1873
Minnesota
Missouri
Nevada
New Jersey
New York
50 cents
50 cents
GO cents
10 cents
70 cents
40 cents
24 cents
15 cents
40 cents
$2 15
50 cents
17 cents
22 cents
424,672,712
630,000.000
1873
Maryland
..
advantages and with much less capital. Trade
slow, with no prospect of revival this year, but
wages continue to be reduced, and the men are compelled under
tbe existing circumstances to offer but a feeble resistance. Hopes
are entertained of a better trade next year, but it is doubtful if
manufacturers will hastily depart from tbe cautious policy they
have now been adopting for a period of two years.
Some sovereigns have been withdrawn from tbe Bank this
week for transmission to Alexandria to pay for cotton, and it is
anticipated that all incoming supplies of bar gold and sovereigns
will be sent to Paris, as tbe French exchange is low.
There is a
is indeed
KATEsJJOF TAXATION.
AND
ASSESSED VALUATIONS
and
position of tbe Bank
England, tbe Bank rate of discount, tbe price of Consols
quotation for English wheat, tbe price of Middling
Upland cotton, of No. 40 Mule yarn fair second qualitj,
and tbe Bankers’ Clearing House return, compared with tbe
four previous years :
1874.
of
tbe average
1870.
Circulation, including
bank post bills
deposits
Other deposits....
Public
Government securities.
Other securities
£
1871.
1872.
£
£
25,283,434 26.013,893 26,409.906
1873.
£
26.444,066
£
27,126.620
3.615,366
4,599,066 6,722,377 4,248,096 21,091,174
18,186,218 23,291,039 18,868,155 18,282.175
12,806,731 15,001,028 13,256,546 11,939,660
16,160,882 19,051,249 21,457,291 20,295,712
4,708,859
$OYember 14, 1874.]
Reserve
of notes and
Coin
1870.
12,560,731
coin....
and bullion in
both departments.... 21,863,211
Bank-rate.
2# p. c.
Consols
93d.
English wheat
Mid. Upland cotton....
No.40 mule
yarn
THE CHRONICLE
1871.
12,054,383
1872.
1878.
8,455,447
9.595,616
22,512,363 20,013,323
19,452,212
21,341,381
5 p. c.
93#d.
56s. 7d.
9#d.
48s. 6d.
9#
fair 2d
6 p. c.
92#d.
57s. lid.
913-ibd.
7 p. c.
4
92#d.
Is. 2#d. la. l#d.
la. 2#d.
Clearing House return. 81,297,000 110.607,000 117,164,000
of
last
English wheat, barley, and oats in England and Wales for
week, compared with the four preceding years, were as fol¬
lows
:
p. c
1874.
44s.Id.
8#d.
7#d.
ls.l#d.
93,867,000
Is. 0#d
83,428.000
exceptional purchases of bar gold at the
Bank for transmission to Brussels, but they have not resulted
from any adverse exchange.
They are understood, in fact, to he
in connection with the Belgian mint.
The sovereigns due from
Australia and South America will, it is expected, he sent to Paris.
The silver market is unaltered, but Mexican dollars are rather
firmer. The following prices of bullion are from Messrs.
Pixley
some
1873.
1872.
1871.
1870.
d.
44 1
92#d.
60s. Id.
*
quality
There have been
1874.
9,058,058
d.
60 1
42 10
25 10
-d.
51 11
48 10
230
d.
56 7
37 7
235
a. d.
47 3
36 5
222
8.
Wheat
Barley
42 10
9
Oats
27
s.
BarGold
Bar Gold, fine
Ba/Gold, reflnable
per os. standard.
per oz standard,
per oz....standard
per oz.
per oz
peroz..
77
9
77
9
77 11
.
Spanish Doubloons
....
South American Doubloons
United States Gold
d.
8.
....
....
76
d.
8.
@
@
@
®
@
...
....
....
....
....
3#®
year:
The
following figures show the imports and exports of cereal
produce into and from the United Kingdom since harvest—via.:
from September 1 to the close of last week,
compared with the
corresponding period in the three previous years :
IMPORTS.
Wheat
cwt. 7,334.745
Barley
2,977,297
Oats
Peas
Beans
Indian Corn
Flour
s.
Five Franc Pieces
standard, last price.
Gold.peroz. do.
do.
97.806
895,024
145,449
588,017
2H2.463
66,266
2,585,5*4
,
8,785,178
906,908
427,161
4,656,018
897,026
665,996
4,184,963
788,235
here.
d.
8.
....
4
@
11#@ 4
d.
....
....
....
11#
Wheat
8,148,086
1,417,149
*,214,483
576,579
71,871
1,715
16,324
4,077
Indian Corn
Flour
68,086
4,*90
6,969
1, -63
1,670
4,044
848,465
3,440
12,96
620
808
245
392
817
29,981
14,703
Oats
Peas
Beans
888,568
114
CWl.
Barley
41.064
8,006
1,.9*
8.26T
18,517
34,429
there has been a limited demand for all
Since the 2d instant
The
1871.
9,104 902
2.301,677
1,947,887
....
4 9 13-16®
4
10#®
peroz.
per oz., none here.
per oz. .none here.
per oz.. none
1872.
6.509,877
1.456,199
1,217,963
EXPORTS,
.per oz.
Spani-h Dollars (Carolus)
1873.
1,411,684
SILVER.
5 grs.
•
quantity of wheat now estimated to be afloat to the United
Kingdom is 1,030,130 quarters, against 1,179,010 quarters last
1874.
GOLD.
8.
The
& Abell’s Circular:
Bar Silver, Fine....
Bar Silver, containing
Fine (Jake Silver
Mexican Dollars
s.
principal feature in the Bank return published this week
descriptions of wool; bat, taking into consideration the large
is that the government has repaid a further sum of
nearly £700,quantity disposed of during the last series of sales, this is what
000 to the Bank. About £2,000,000 had been borrowed to
pay the
dividends due at the commeucement of the month, about One half might reasonably have been expected. The consumption con¬
tinues steady and important, and stocks are being rapidly dimin¬
of which has never been redeemed.
ished, whilst prices for all classes are firmly maintained. The
The discount demand at the Bank is
helping the “ other secu¬
quantity already arrived for next sales, commencing on 17th
rities,” having fallen off to the extent of £271,765. The pro¬
portion of reserve to liabilities is now 38£ per cent., against 36| November, comprises:
New South Wales and Queens’and
hales 16,532
per cent, last week.
Victoria
8,577
Tasmania
194
Captain Tyler’s report upon the Erie Railway has at length South Australia*...
1.665
361
appeared, and its exhaustive character accounts, no doubt, for the Western Australia
New Zealand
9,327
deley which has occurred in its publication. Though not alto, Cape of Good Hope
31,866
gether satisfactory to the ordinary shareholders, it is a more
Total
68,521
favorable document than some had anticipated; but as a
large
The account settled in the Stock Exchange during the week
sum of money is required to enable the
line, according to Captain
has been heavier than had been anticipated; but it appears to
Tyler’s notions, to be worked efficiently and with true economy
have passed off satisfactorily.
The stock markets have, during
the shares and bonds have been depressed
upon the Stock
the week, been somewhat unsettled, owing to the uncertainty
Exchange and liave experienced a reduction in price. The fall is
hanging over the money market, and they close flatly, owing to
not, however, a serious one. At an early date the shareholders
the adverse tendency in the exchanges. The following were the
will have to take the whole matter into consideration ; and,
no
American markets at
doubt, if they can be persuaded that the rule of mismanagement closing prices of Consolfe and the principal
to-day’s market, compared with last week :
has ceased, they will be disposed to subscribe additional
capital.
Oct 24.
Oct. 31.
Rcdm.
So much money, however, has been lost by the British
92#® 92#
92#® 92#
public in Consols.
1881 109 ®110
109 ®110
this undertaking that it will be found to be difficult to induce United Slates, 6s.
Do
5-20 years, 6s
1882 101#@U)2# 101#@1G2#
Do
6s
18S4
any but shareholders to subscribe more funds, and even these may
Do
bs
1885 105 ’<tl66“
105* ^106
think that their stake is already sufficient.
Do
6s
1885 107#@10H# 107 ® 08
Everything now de¬
Do 1867, *371.346,350 iss. to Feb. 27/69, 6S.1887 108#@109# 108# @109#
pends upon bohest and economical management ; for if the Eng¬
5s
Do
1874
...@
lish shareholder can only be persuaded that his interests are
Do funded, 5s
1881 103 @103# 103
>103#
being
Do 10-40, 5s
103
1904 103 ® 104
>104
carefully studied, and that here money will eventually make his Louisiana, old, 6s
....®
Do
new, 6s
....®
property remunerative, he would be willing to subscribe his
Do
levee, 8s
....®
....@
Do
do 8s
1815
20 ® 3)
quota; but for a long time great dissatisfaction has been ex¬
20 @ 30
Do
do 6s
25 ® 85
25 @ 85
pressed with regard to Erie management, and until this condition Massachusetts, 5s
96 @ 98
97 @ 99
1888
Do
5s.
1894
98 (ml00
98 @100
of affairs is altered it will be clearly difficult to raise
money on
Do
5s.
97 ® 99
.1900
98 @100
Do
5s.
anything like satisfactory terms. “ With honest management
.1889
97 ® 99
98 @100
Do
5s.
97 @ 99
98
ICO
.1891
and undue competition,” says Captain Tyler, “ the line
Do
5s.
ought to
97 ® 99
.1891
98
100
40 ® 45
40
45
5s
yield a satisfactory result; but it is laboring under great dis¬ Virginia stock 6s
Do
advantages, the legacies of former boards of directors.” Captain
Do
New funded 6s
50
52
49 @ 51
1905
AMERICAN DOLLAR BONDS AND 8HARES.
Tyler believes that when his recommendations are carried out
Atlantic A Great Western 1st M.f $1,000, 7s...1902
49 @ 51
48 (a 50
the line can be worked at 66 per cent of the
gross earnings; and
Do
2d mort., $1.000,7s.. 1902
26 <a *8
25 ( a 27
is strongly of opinion that there is no cause for
Do
3d mort., $1,000.... .1902
12 <a is
12#<a 13#
despair, but rather Atlantic
38 (a 40
Mississippi & Ohio, Con. mort, 7s.... 1905 38 (a 42
hope for the future. A reasonable outlay of money, and honest Baltimore A Potomac (Main Line) 1st mort, 6s. 1911 66 (a 88
86 <a 88
do
(Tunnel) 1st mortgage, 6s,
and judicious management are
only required to materially alter
88 ( a 90
88 ( a 90
(guar, by Pennsylvania & No. CentRailway).19!l
.
....
...
....
...
...
‘
the financial results.
Some failures
Central Pacific of California, 1st mort., 6s
Ho
California A Oregon Div.,
1896
1st
1892
reported in the corn trade, but they are not
mortgage gold bonds. 6s
1st
1875
The trade during the week has been dull, and in Detroit & Milwaukee 2d mortgage, 7s
Do
mortgage, 8s
1875
some instances prices have further declined Is.
$1C0
per quarter.
A Erie cot shares
Do
ntersigned
good deal of rain has fallen lately, which has not only impeded Do preference, 7s by Union Bank of London
1904
agricultural work, but has, to some extent, affected the samples- Do convertible gold bonds, 7s
Do 1st mortgage, 7s
1897
English farmers are likely, therefore, to thrash out a still smaller Do 2d mortgage, 7s
1879
Do 8d mortgage, 7s
supply of grain. In the week ending October 24, the farmers* Galveston A Harrisburg, 1st mortgage, 6s *.1883
1911
Illinois Central, $100 shares.
deliveries were only 56,945 quarters against 79,312
quarters last
Do
6s
1875
Dc
year. The quantity thrashed since harvest is much below that
7s
1875
Marietta A Cincinnati Railway, 7s
1891
of last year, notwithstanding that this season’s
crop is so much Michigan Cent. Sinking fund, let mort, 8s
18i2
Missouri Kansas A Texas, 1st mort., guar, gold
in excess of that of 1873. It is evident,.therefore, that
many
bonds, English, 7s
.1904
farmers are unwilling to sell at existing prices; bat it in doubtful Mississippi Central consol, gold bonds, 7s
1912
New York Boston A Montreal, 7s
1903
if they will better themselves
by waiting. The average prices Mew Orleans Jackson A G.N. con, gold bds, 7s 1912
are
important.
87
@ 89
86
S3
60
55
S a 85
(a 65
83
i a 85
60
(a es
0 a 60
(a
26*(a
.@
44 @
62 @
...
.
60
27#
• • • •
46
64
<U>
••• •
28#@ 26#
....@
(a 45
....
43
61
< a 63
at.,
iy
...
55
< a 88
•
•
9.1^
"l^ 76** 74*1a
Up
f
74
85
(a
87
80*1I 84'*
9/i
a£ 99
jp*
45
•••a
78
84 « a 88
80*1I 84**
95
a
| 99
9
• • • •
(a so
• • • •
45
•••*
@ 50
[November 14,1874.
THE CHRONICLE.
496
& Hudson River
$t00 shares
Oregon & California, 1st
Pennsylvania, $60
Union Pacific
94
21
1880
mort
•
•
•
•
vCQ»
•
•
•
51#@ 52#
@ 98
@ 82
96
81
86
@ 15
65
40
*@ 70*
.......1890
re-organization scrip, 7s.. .1874
leased lines rentil trust, 7s. 1902
78.1903
1876
<Cb 103
1902
1910
@105
.@
43 @ 45
7s
•
•
....
•
97#@ 98#
84 @ 86
91 @ 93
Eastern Railway of Massachusetts, 6s
1893
do.
scrip, 6s.. 1893
Do.
Erie convertible bonds, 6s
1876
Do. cons. mort. for conv. of existing bonds,7s. 1920
Do. second mort, 7s
1894
Gilman Clinton & Springfield 1st mort.gold,7s.. 1900
Illinois & St Louis Bridge 1st mort. 7s
1900
Do.
do.
2d mort., 7s
Illinois Central, redemption mort, 6s
1875
....@
43 @
@ 90
@ 62
@ ....
88
60
99
85
99
85
@101
@ 87
@101
@ 86
45
97#@ 98#
84 @ 86
and
11 10 0 11 10 0 11 10 0 11 10 0
66 0
56 0
56 0
56 0
10 0 11 10 0
56 0
56 0
28
0
10
25
26 6
26 6
0 0 104 0 0 104
10 0 30 10 0 30
25 3
25 3
6
26 6
26 6
26 6
0 104 0 0 104 0 0 104 0 0
0 30 10 0 30 10 0 30 10 0
0
24 9
24 9 * 24 9
MISCELLANEOUS NEWS.
The exports of cotton the
18,904 bales last week. The
York for week ending (for
goods) Nov. 5, and for the week ending (for general mer¬
$4,743,516 the previous week.
past week were 15,534 bales, against
following are the imports at New
@ 93
....@
93 @ 95
87 @ 89
59 @ 61
....@
99 @101
85 @ 87
91
dry
chandise) Nov. 6:
YORK FOR THE WEEK.
FOREIGN IMPORTS AT NBW
1871.
....
99
85
Wed.
Thur.
Frl.
£ s. d. £ s. d. £ s. d.
against $4,770,530 last week, and $4,760,918 the previous week.
The exportsare $5,161,241 this week, against $5,236,120 last week,
...
....
93* *@ 95**
£ s. d.
Imposts and Exports for the Week.—The imports this
week show an increase both in dry goods and in general mer¬
chandise. The total imports amount to $7,771,028 this week,
@ 45
....@
102 @103
102 @113
104 @105
103
1895
d.
COMMERCIAL AND
...
1902
1909
Chicago & Alton sterling consol, mort, 6s. ... 1903
Chicago & Paducah 1st mort. gold bonds, 7s...1902
Cairo & Vincennes, 7s
tn 11
Linseed(Calcutta)....
Sugar (No. 12 D’ch std)
on spot, ®cwt
Sperm oil.....® tun 104
“
Whale oil......
80
Linseed oil....® cwt.
@ 87
13
e.
Lins’d c’ke (obi). ®
@ 98
@ S3
Q 88
£
Tues.
Mon.
£ s. d.
Sat.
86
Alleghany Valley, guar, by Penn. R’y Co
1910
Atlantic & Gt. Western consol, mort., BischofF.
Burlington Cedar Rapids & Minnesota,
@ 23
50#@ 51#
92 @ 96
50#@ 51#
9.
BONDB.
AMERICAN BT KB LINO
Do.
do.
do.
Do
do.
1878,
Do.
Western extension, 8s
do.
Baltimore & Ohio, 6s
Do
6s
Do.
6s
21
Markets.—Linseed oil is quoted at
6d. decline.
96
80
1889
Land Grant 1st mort., 7s
certs, (a), 7s
Atlantic & Gt. W.,
@103
94 @ 95
@ 23
50#@ 51#
1890
mort, 7s
102
@103
@ 95
102
mortg. bondB..
London Produce and Oil
Oct 81.
Oct 24.
Redm.
New York Central
New York Central
Dry goods
General merchandise...
1872.
1873.
$1,838,415
$1,534,316
$1,0C9,225
4,484,572
7,113,257
@101
@ 86
4,013,529
1874.
$1,365,390
6,405,638
$7,771,028
$8,697,573
Total for the week.. - $6,323,017
332,185,779
1903
sinking fund, 6s
Previously reported.... 331,943,954
376,574,336
@
1891 100*
Illinois Missouri & Texas 1st mort. 7s
100#@10l#
©101
Since Jan. 1
$338,266,971 $385,271,909
$349,775,673 $339,956,807
Lehigh Valley consol, mort. “A,” 6s
87 @ 89
@ 90
19U2
Louisville & Nashville, 6s...,.
100 @102
100 @102
In our report of the dry goods trade will be found
imports
Memphis & Ohio 1st mort. 7s
1901 83 @ 85
84 @ 86
Milwaukee & St. Paul. 1st mort. 7s
1902
dry goods for one week later.
New York & Canada R’way. guar, by the Dela¬
The following is a statement of the exports
97 @ 98
96#@ 97#
1904 104
ware & Hudson Canal scrip, 6s
104 @106
from the port of New York to foreign ports,for
@106
N. Y. Central & Hudson Uiv. mort. bonds, 6s.. 1903
90#@ 91)4 Nov. 10:
90#@ 91#
Northern Central R’way, consol, mort, 6s.... 1904
....@
....@
EXPORTS FROM NBW YORK FOB THE WEEK.
N. Pac. R’way, 1st mort. Land Grant, 7 3*10 —1900
97 @ 99
1871.
1872.
1873.
1874. *
Panama general mortgage, 7s
1897 95 @ 98
75 @ 78
70 @ 75
Paris & Decatur
1892 99
For the week
$4,793,905
$5,385,829
$7,229,773
$5,161,241
99 @101
@101
Pennsylvania 2d mort 6s
1875
205,846,727 199,767,701
250,359,474 . 245,631,598
99#@100# Previously reported....
Do.
general mort. 6s
1910 99 @100
93 @ 94
92 @ 94
Do.
consol, sink’g fund mort 6s
1905
Since Jan. 1
...$210,640,632 $205,133,530 $257,589,247 $250,792,839
Perkiomen con. mort. (June ’78) guar, by Phil.
92 @ 94
The following will show the exports of specie
port
& Reading, 6s
1913 92 @ 94
94 @ 96
94 @ 96
New York for the week ending Nov. 7, 1874, and since the
Phil. & Erie 1st mort. (guar, by Penn.RR.) 6s. .1881
94 @ %
94 @ 96
ill., ‘
Do.
with option to be paid in Phil., 6s
85 © 87
beginning of the year, with a comparison for
85 @ 87
Phil. & Erie gen. mort (guar, by Penn. RR.)6s.l920
105 @107
105 @107
date in previous years:
^
Phil. & Reading general consol, mort 6s
1911 95
95 © 97
@ 97
Do.
imp. mort., 6s.
1897
Silver bars
Nov. 3—Str. Schiller
Paris
$145,000
92#@ 93)4
92#© 93#
50,725
Do.
Hamburg
Silver bars.
gen. mort, 1874, scrip, 6’s
2#©3#pm
2#©3#pm.
20,945
do. £45 paid
Do.
do.
Nov. 4—Str. Algeria
Liverpool
Silver bars
86 @ 88
86 @ 88
15.970
South & North Alabama bonds, 6s.... •
Nov. 5—Str. Thuringia
'
Hamburg ...Silver bars.
38,694
Paris
Silver bars.
St. Louis Tunnel 1st mort. (guar, by the Illinois
102 @104
4,000
London
Silver bars.
& 8t. Louis Bridge Co.) 9s
1888 102 @104
89 @ 90
89
40,350
Union Pacific Railway, Omaha Bridge. 8s
1896 102 @ 90
Liverpool
Nov. 7—Str. Oceanic
Silver bars.
102 @104
12,800
United New Jersey Railway and Canal, 6s
1894 102 @104
Nov. 7— Str. City of Brooklyn.Liverpool.... Silver bars.
102 @104
@104
Do.
do.
do.
do.
6s
1901
Do.
$5,022,754
344,752.919
••••
•
of
the
(exclusive of specie)
the week ending
...
....
from the
of
the corresponding
$328,485
Total for the week
44,766,895
Previously reported
Reports—Per Cable.
Eugllsh market
The daily
closing quotations in the markets of
London and Liver*
have been reported by submarine telegraph
pool for the past week
as
iuwu
and Stock Market.—There
during the week.
Consols for money
“
U. 8.6s
.
93#
109#
.101#
.103#
1867
-
93#
93#
106#
109#
104#
103#
quotations for United States 6s
6s(5-208) 1862
97)4
97*
Tha
U. S.
Liverpool Ootton Market.—See
Liverpool Breadstuff*
Sat.
8.
Flour (Western)
d.
® bbl 23 0
ctl 7 10
Wheat (Red W’n. spr)..®
“
(Red Winter)
(Cal. White club) "
Corn (West, m’d) ® quarter
Peas(Canadian).. ® Quarter
“
(1862) at Frankfort were:
97%
....
9
10
35
43
0
4
6
0
Mon.
s.
d.
23 0
7 10
9 0
10 4
36 0
43 0
Wed.
s.
23
7
9
10
35
43
d.
0
10
0
4
9
0
Sat.
® tee
Pork<mess) new®bb!...
Bacon <long cl. mid.)® cwt
Lard (American).... “
Cheese (Amer’n fine)
“
d.
80
72
51
0
63
70
6
0
3
0
Mon.
s.
d.
80 0
78 6
51 0
64 6
70 0
Tues.
s.
80
78
51
65
70
d.
0
6
0
6
0
d.
s.
Thur.
d.
s.
23 0
7 10
9 0
10 4
86
0
43
0
80 0
78 6
50 6
65 6
70 0
Thur.
s. d.
80 0
78 6
50
0
70
70
0
0
Liverpool Produce Market.-—Spirits petroleum closes 2d.
Sat.
*•. d.
Rosin (common)... ® cwt..
5
9
“
18 0
9
Petrolenm(reflned)....® gal
“
10
(spirits)
°
Tallowf American)...® cwt. 42 6
Cloverseed (Am. red).. *•
87 0
Bpirits turpentine
“ 26 0
“
fine
Nov- 5—Str.
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.
Mon.
s. d.
5 9
IS 0
9
Tues.
s. d.
6 9
18 0
9
6
0
0
5
18
42
87
26
6
0
0
9
0
9
8#
8#
8#
42
87
26
Wed.
s. d.
42
87
26
6
0
0
Acapulco.
Havre
.,
Belize
6—Str. Andes..',
Kingston
Fn.
s.
d.
22 0
7 10
9 0
6—Brig Angostura
6—Str. City of New York
6—Str. City of H&vana
Bolivia...,
10
36
43
3
0
0
Thur.
s. d.
5 9
18 0
9
8
42 6
37 0
26 0
Fri.
d.
80 0
78 6
50 0
70 0
70 0
8.
lowerFrl.
d.
5 9
18 0
s.
42
37
26
8
6
0
0
8,094
736
650
150
1,336
37,200
I,391
3,817
II,265
Gold bars.
Gold
Gold
Havana
Havana
Gold
Total for the week
Total since Jan.
Same time in—
1873.
1872
,
34,000
9,000
;....
Same time in—
..$15,102,494
5,329,402
...
...
$115,309
5,322,555
.$5,437,864
1,1874
1871
1870
6.950
Gold
6—Brig Emelia
have
$720
Gold
Silver
Gold
G >ld dust..
Silver bars.
Silver
Gold
Gold
San Domingo.
Metropolis
5—Str. Pereire
.
Is. lower ; lard
the week being
6d., an advance
Wed.
Bermuda
Aspinwall
Georgia
Previously reported
while corn is 6d. higher.
of 6s.
8.
Nov. 2—Str.
Nov. 4—Str.
special report of cotton.
Tues.
s.
d.
23 0
7 10
9 0
10 4
35 9
43 0
specie at this port during the past week
The imports of
been as follows:
97)4
....
Liverpool Provisions Market.—Bacon is quoted
on Thursday was run up to 70s., the advance for
6s. 9d.; pork opened at 72s. 6d., and closes at 78s.
Ceef <mess) new
93#
93#
106#
109#
104#
103#
93#
93#
106#
109#
104#
103#
Market.—This market closes quiet ;
flour and club wheat are lower,
63.883,456
58,590,068
55,113,369
Same time in—
1869
1868
1867
1866
Fri.
Thnr.
Wed.
93#
93#
106#
109#
104#
103#
93#
106#
109#
104#
103#
(5-208,)1865,old.. 106#
U. 8.10-40s
New 5s
Tues.
Mon.
93
.
account....
"
“
Sat.
93
$44,851,210
1870
has been an advance
of i in 1867’s and a decline of £ on 10-40’s during the week.
The bullion in the Bank of England has decreased £274,000
London Money
x, ioi**
1871
following summary:
shown in the
Biuceuau.
Same time in—
1873
1872
11,204,528
1869
1868
1867
1866
$14,839,037
6,404,299
2,892,411
9,095,798
or tourists who desire to escape
Northern winters, often have difficulty
in finding agreeable and comfortable resorts in the Southern
States.
This difficulty may be obviated for many by a considera¬
tion of tbe circulars recently issued by the Atlas Steamship Com¬
pany, of which Messrs. Pim, Forwood & Co., of, this city, are the
agents, givinga list of first-class hotels, &c., in the ports of Nassau,
Bahamas: Kingston, Jamaica; and Caracas, Venezuela. These
famed Winter resorts, and others in their vicinity, can be reached
by the steamers of the Atlas Company, which call at the ports
named. These steamer are all large, British-built, iron boats,
fitted especially for passenger service, and carrying the United
States and British Colonial mails. The passage rates, dates of
sailing, and other details, can always be ascertained by reference
to the Company’s card in our advertising columns.
—Mr. John P. Acker, Treasurer of the Hannibal & St. Joseph
Railroad Company, advertises, in our to-day’s issue, that be will
redeem, at tbe office of the company, 78 Broadway, New York,
tbe following bonds of tbe State of Missouri, known as the Han-,
nibal & St. Joseph Railroad State bonds : One hundred thousand
due April 4,1875; two hundred thousand due June 8,1875 ; and
one hundred and thirty thousand due September 24,1875.
These
bonds will be redeemed at par and accrued interest.
—Persons in delicate
from the severity of our
health,
November
14,1874.]
-
THE I CHRONICLE!
*
BANKING AND FINANCIAL.
excess
excess
RAILROAD BONDS.—Whether yon wish to BUY or SELL, write to
HASSLER & CO., No. 7 Wall street. N. Y.
2.0543—SFeircsotnd
The
and
€l)c
Bankers’
Net
paid in capital, $50,000.
Authorized to
United
an
(©alette.
Clarke, Cashier.
Per
Cent.
:
When
P’able.
Books Closed.
(Days inclusive.)
Railroads*
Boston & Providence
Catawissa (Pa.), pref
“
2d pref
Cincinnati Sandusky &
Middlesex.
*
Nov. 14
$5
* 1,435 Nov. 16
Cleveland, pref.'.
(New Hampshire)
Miscellaneous.
Pullman’s Palace Car
21 Ct8.
3
f 3 50
Dec.
reg.. Jan. A
coup.. Jan. A
1
2
203,405,600
48.261,000
169,900
Nov.
9.
7.
July. 118%
July. *118%
Lowest.
£274,000 for the week in the bullion of the Bank of
England, but the discount rate remained unchanged at 4
per cent.
The Bank of France
gained 5,556,000 francs in specie.
interest in the United States Supreme Court
at Washington .was made in the case of Pollard vs. Bailey, assig¬
nee, etc.
This was on error to the District Court for the Middle
The court below allowed a recovery against
district of Alabama.
some
insolvent bank without reference to the ques¬
proportion. The judgment is here reversed, the court
holding that each stockholder is liable only to pay a sum which
shall bear the same preportion to the whole indebtedness that his
an
tion of
capital.
weekly statement of the New York City Clearing House
banks, issued Oct. 31, showed an increase of $158,500 in the
Teg..
6a, 1881.
coup..
6s, 5-20’s, 1862
.coup
6s, 5-20’s, 1864
coup..
6e, 5-2Q’b, 1866
coup..
6e, 5-20’a, 1865, new,coup..
6s, 5-20’s, 1867
coup..
6«, 5-20’a, 1868
coup..
5e, 18-40’s
reg..
5e, 10-40’s
coup..
5e, funded, 1881....coup..
$8. Currency
reg..
Nov. 16!
last report. The demand for investment securities is deci¬
dedly good, and prices for both government and first-class railroad
bonds show a marked'advance, with considerable transactions.
One principal cause for this inquiry, running on standard invest¬
ment securities, is found in the fact that banks and other
promi¬
nent money-lenders are unable to loan their funds on call at rates
at all profitable, and are therefore putting them into safe invest¬
ment bonds that will pay 5 to .6 per cent, and probably sell for as
much as is paid for them.
Money on call remains easy at 2| to
per cent according to
the borrower, but on stock collaterals frequent exceptions have
been noticed at 4 per cent.
Commercial paper is in sharp demand
for that considered unexceptionable, and 5@6 per cent is a fair
quotation for really choice paper ; on paper of a little lower grade
the price runs up to 7 and 8 per cent.
Cable despatches from London on Thursday reported a de¬
stock bears to the whole
901,200
118%
119
111
111
Nov.
10.
27.588.100
Nov.
11.
Nov.
Nov.
12.
13.
118% *118% *118% 118%
119
119% 119% *119%
*111% *111% *111% 111%
*111% *111% *111% 111%
*110%
*li2%
*113 *113% *118%
*118% *113% *113% *113%
*113% *114% *114%
*114% 114% 115 *115
116% 117% 117% *117%
116% 117% 117% 118
117% 117% 118
118%
*117% 118% 118% 118%
117%
....*118
118%
118% 118 *118% *118%
*111% 112
112% *112%
*112% dll% *113
118%
*111% *111% 111% 111%
111% 111% *111% 111%
118% 118% 118% *118%
....
—Range since Jan. 1.
.
our
stockholder of
13,424,200
*113%
114%
115
*115%
*118
118%
118%
118%
*118%
*118%
112%
*113%
*111%
112
^18%
This 1b the price bid ; no saU was made at the Board.
6a, 1881
money market and Financial Situation.—The gen¬
eral situation in financial circles has not materially
changed since
Int. period.
1
The
A decision of
ga
The range in prices Bince Jan. 1 and the amount of each class
of bonds outstanding Nov.
1,1874, were as follows:
Nov. 16
Nov. 2
Nov. 16
Friday. November 18, 1874—6 P. M.
The last
-
.
Company.
$277,231,500
25,400
553,700
Bonds.—Governments have bddn strong on
business. The principal buyers have been banks,
6s, 1881
68, 5-30’s, 1862
reg..May A Nov. *110%
68, 5 20’s, 1862— coup..May A Nov. *111
6b, 5-20’b, 1862,Called Bds..!£ay * Nov. *109%
6s, 5-20’s, 1864
reg. .May A Nov. *112%
6a, 5-20’8, 1864
coup..May A Nov.*113%
6s, 5-20’e, 1865
reg..May A Nov. 118%
6b, 5-20’8,1865
coup..May A Nov. *114%
6s, 5-20’s, 1865, n.L, rcg.,Jan. & July. *116%
8s,5-20’s,1865 n. L,coup..Jan. A July. 116%
«8, 5-20’s, 1867
reg,. Jan. & July. 117%
6s, 5-20’b, 1867....coup..Jan. A July. *117%
6s, 5-20’s, 1868
reg.. Jan. A July
6s, 5-20’8,1868
coup Jan. A July. 117%
5s, 10 40’b
reg..Mar. ASept. *111%
5s, 10-40’s
coup..liar. ASept. *118%
5«, funded, 1881.....reg ..Quarterly. 111%
6s, funded, 1881, ..coup....Quarterly. *llt%
6s,Currency.... ....reg.. Jan. A July.**118
business Nov. 9. 1874.
recently been announced
Nov. 9.
*3
a
States
6b, 1881
DIVIDENDS.
The following Dividends have
a
12,021,100
12,574.800 Inc.
25,082.900 Inc.
25,057,500
225,852,700 826,753,900 Inc.
59.621.600
59,451,700 Dec.
Nov.
2,206—Caverna National Bank, Kentucky. Authorized capital. $50.000; paid
in capital, $50,000.
T. T. Alexander, President; H. S. Shondy,
Cashier. Authorized to commence business Nov. 9, 1874.
of
active
1872.
1873.
Differences.
savings banks, and other financial corporations and large investors,
while foreign bankers have been
among the free sellers. Some
of their sales have been on
options of 20 days, and the bonds are
yet to be imported. One of the features of the market has been
the considerable amount of dealings in five-twenties of 1862, as
these are relatively cheap, and the purchasers seem to be inclined
to take the risk of them
being called in soon. We omitted last
week to give the numbers of bonds called in
by Secretary Bris¬
tow, on the 2d instant. The amount was $5,000,000, and the
description as follows : All coupon bonds, known as the fourth
series, act of February 25,1862, dated May 1,1862, $52—No. 4,201
to No. 4,961,both
inclusive; $100—No. 6,201 to No. 10,500, both
inclusive ; $500—No. 5,001 to No. 7,000, both inclusive ;
$1,000—
No. 14:901 to No. 20,000, both
inclusive—$5,000,000. Comptroller
Hopkins lately purchased $1,000,000 of United States sixes of 1881,
and $1,000,000 of the United States five
per cent funded loan, both
for account of the Bounty Loan Sinking Fund of the
State.
Closing prices daily have been as follows:
capital, $50,000 ;
Chancy Hardin, President; F. W. Harding,
commence
deposits..
Legal tenders.
National Bank of New Lisbon, Ohio. Authorized capital, $50,000;
paid in capital, $35,000. John McDonald, President; O. W. Kyle,
Cashier. Authorized to commence business Nov. 7, 1874.
National Bank of Areola, Ill. Authorized capita), $50,000;
paid
crease
1874.
Nov. 7.
dis. $881,958,700 $285,066,700 Inc. $3,1C8,000
Circulation....
NATIONAL BANKS ORGANIZED.
in capital, $35,000. James Beggs, President; A.L.
Authorized to commence business Nov. 9, 1874
National Bank of Monmouth, Ill. Authorized
ana
Specie
The United States Comptroller of the
Currency furnishes the
following: statement of National Banks organized the past week :
Northern
comparison with 1873 and 1872:
a
Loans
$3,200 PROFIT FROM $200.
large profits are made from small investments in
Stock Privileges, we cite the following: On August 5 a customer secured a
Put on 200 shares of C. C. A I. C. at '12%, which cost him $212
50. On Sept.
3 his contract was closed at 8, realizing $925. He then secured a Call on 800
shares of the same stock at 10%, which he closed on the 24th
inst., at 14%,
realizing $3,200, less commissions, at the same time securing a Spread on 1,000
shares at 13% and 15%, on which he will no doubt realize
handsomely before
the expiration of his contract. This customer was induced to
operate in this
stock from having had his attention called to it
personally and by an article in
“The Week’s Doings in Wall Street,” published by
Tumbridge & Co.,
New York. In the issue of this paper of Sept. 5, written while the Stock
was selling at 8, the advance was
predicted, and this prediction proved
entirely correct as the sequel shows. Parties desiring to operate in Stock
Privileges are requested to address us and send fora copy of ‘‘The Week’s
Doings in Wall Street,” which contains valuable information respecting the
prospective movements of the market, and how investments may be made
ranging from $50 to $1,000.
TUMBRIDGE A CO.,
Bankers and Brokers 2 Wall st., New York.
Cashier.
legal reserve, the whole of such
being $15,388,025, against $15,179,525 the previous week.
following table shows the changes from the previous week
Oct 31.
instance of how
an
above their 25 per cent
*
PUTS, CALLS, DOUBLE PRIVILEGES negotiated at favorable rates.
Stocks and other securities bought and sold on margin. “ The Axt of
Specuating in Wall street” given or mailed free to any address by
J. HICKLING A CO., Bankers and Brokers,
Box 1535.
72 Broadway, New York.
As
497
Closing
115% July
116% July
110% Nov.
113 Nov.
114% Nov.
114% Jan.
114% Jan.
9
8 122
Apr. 29
118% Apr. 48
120% Apr. 29
121% Apr. 15
120% June 23
1&% June 22
~
4
6
5
3
2
114 Jan. 28 121%
109% Aug. 4 115%
lll%'SepL25 116%
Ill Jan. 2 117
f 14 -Jan. 6 118%
June 22
U.S.Bs, 5-20*8,1865, eid..
U. S. 6s, 5-20*8,1867
! U. 8.53,10-40's
New 58
Nov.
6.
Nov.
13.
105%
106%
109%
104%
103%
106%
109%
104%
103%
!0»%
103%
103
State tad Ball road.
State
Coupon.
$.
89,485,950
10,971,400 125,248,500
25,978,850
83,018,950
33,736,200 118,798,150
57,060,850 145,602,250
88,010,150 222,612 600
13,983,000
23,491,000
May 22 141,261,050
Feb. 28
58,806,250
Apr. 28 187,747,500 165.950.400
Nov. 13 64,623,512
prices of securities in London have been as follows:
!
in
Amount NoV. 1.-—%
Registered.
120%'Msy 27 $193,250,400
'Oct.
30.
i
,
Highest.
bonds,
as we
elections.
Old
North
advance
—Since Jan. 1.
Lowest.
105%
107%
103%
102%
Highest.
Feb. 19
Oct. 16
Jan. 5 110% June 18
Feb. 16 106% Ang. 1
Jan. 15 105 May 20
Bonds*—There has been
110
activity
anticipated that there would be after the
Carolinas have shown a further large
more
active
transactions, and it seems evident that there is
anticipation in some quarters that steps will be taken this
winter to do something with the State debt.
Tennessee bonds
have also been pretty active at
higher prices. Virginia consols
are
on
firmer.
Railroad bonds show
an active business and
materially higher
prices on most of the leading issues. Union Pacific firsts sold to
day at 90£; Central Pacifies, at 95|; New York Central, 1st mort.
Other bonds have generally kept pace, and good
reg., at 111.
investment bonds, as a general rule, are 1 to 8
per cent, higher
than last week. The
following were sold at auction :
$245,000 Canada Michigan A Chicago Railway Company'mortgage bonds
(hypothecated), $1,000 each, $1 per bond.
$5,000 New York Housatonic A Northern Railroad Company first
mortgage
seven Der cent, bonds, due 1902, interest
coupons, payable April and October
(hypothecated), $1,000 each, $30 per bond.
$5,000 New York A Oswego Midland Railroad Company seven
per cent
julpment and ‘convertible mortgage bonds, interest April 1 and October
est Ap
“
1,
$1,000 each, 6 per cent.
Vernon Railroad Company, of
Illinois, construction bonds,
$1,000 each, $75 per bond.
$4wP«bonIr CompAay* New *or*'Mortgage .gold bonds, $100 each,
Closing prices daily,and the range
Nov. Nov.
11.
10.
51
55*
55 * •56
Nov. Nov.
7.
9.
55*
••Tenn., old,ex e
55*
55
68 Tenn, new ex c
6s N. Car.,old....
6a N. Car., new...
6s Virg., old
do
consolid.
do
deferred.
6b B. C., J. &
6g Mo. long bonds
Cent. Pac., gold..
•27*
26
•15
"81
54
,
‘-Since Jan. 1.
Lowest.
High eat
Nov. Nov.
12.
13.
57*
Sept. 21 +63 June 27
Sept.i; +63* -June27
18* Aug. 21 81* Nov. 12
16
,Tnn.
6 21* Mch. 21
87
Nov. 11 42 Jan. 30
50
Feb. 17 55* Nov. 11
8* Sept. 22 18 Nov. 10
7
Apr. 28 20 July 7
90* Jan. 2 98 May 25
87* July 27 96* Jan. 14
81
July 15 90* Nor. 10
75
May 21 89* sept. 26
73* Jan. 9 91 Sept. 21
+52
67
*15
*35
81
+50
30*
*51*
•1)
*19
11*
•18
*94V
•98*
87*
*90
*89
dolnc.past due
►102
•un*
Erie 1st M.7b
.
X5 2*
•20
95
95*
95*
90
*88
9'
*88
•10
,
11 *
•21
95
11*
•94*
95*
W*
•87*
93*
90* *90*
103* *102*
*102*
un* •107*
108
•106*
5 105
3 109
Apr. 7
102* Feb.
Apr. 28
103
July 22 109* Nov. 10
101
Jan. 6 107* Oct. 27
•106
*101
*107
Jan.
101
•109* •109*
109
107
►i< 9
►1U7
nodule was madeaithe Board.
Thleis the nnce bid.
+ Range Bince June
*55
•15
12
•20
•90
*l«*a
•:o;* '107*
•109
ayne
Bock laid 1st 7b... 107
•35*
•15
•36
55*
95*
95*
9***
94*
94*
99*
89*
Sv* v
37
*15
•37
55
18
•21
27. 1874.
’
-
Railroad and miscellaneous Stocks.—The Stock
marke
irregular but stronger in tone to-day, and closing
prices near the highest of the week. There seems to be more
confidence in the real value of stocks as based upon the earning
has been rather
at
capacity of the roads ; and as over one ^ear has now passed since
the panic, and such companies have already succumbed as have
been seriously injured by it, the prospect for the future certainly
seems to be better than the events of the past twelve months
The Pacific Mail and Pacific Railroad difficulties remain unsettled,
companies have not yet been able to agree on a basis for
business, and the railroads threaten a new steamship line on the
Pacific. The trunk lines to Chicago have not yet been able to
bring the Baltimore and Ohio into the Saratoga agreement.
The daily highest and lowest prices have been as follows:
the
as
Nov. 7.
N.Y.Cen.&H.R.
J ov.
28*
80* 81*
30* 20*
39* 39*
28* 28*
81* «;*
30* Si*
31* 39*
54
98
84
54
54»/
98*
34*
98* 99*
34* 35*
*8*
8!*
31*
88*
54*
98*
34*
54
14
54
14
28*
Northwest
do
pref.
Rock Island...
Bt. Paul
68* 54
13* n
29* SO*
pref....
At.ft Pac..pref.
no
Ohio ft Miss...
30
Quicksilver....
.54*
109
1(9
25*
35*
9* 10*
79* 79*
SI
38
•25
..
United States..
We%, Fargo..
i6*
36*
115
79* 79*
SO
109
104
26* 27
36* 36*
9* 10
115
31
3L
37
37*
44* 45*
118* 113*
61* 64*
61* 64 *
*..
.
80
This Is the price bid and asked ; no tale was
The entire range from
St. Paul
8 109*
Del., Lack. & Western. 99 Jan. 2 112*
Hannibal &> St. Jo
22* Sept. 7 34*
June 17 38*
23
Union Pacific
8
Sept. 3 32*
Col., Chic. & I. C..
Panama
...101
Apr. 20 118
68 Apr. 24 82*
Western Union Tel
22* Apr. 28 85
Quicksilver
dan.
...
...
do
pref....
Pacific Mali
Adams Express....
American Express.
United States Express
Wells, Fargo & Co
31*
81*
31*
39*
89*
55
55
99
8-*
SI*
33*
51*
68*
34*
98*
34*
30* 31*
34*
106* 107*
109* 109*
26
26*
35* 36
10* 11*
107
107
109* 109*
26* 27
35* 35*
10* 10*
*.... 1'6
79*
31*
*36*
41*
116*
‘114
79* 80
32*
79*
32*
32*
39
39
44* 45
118
178
65
65
¥63* 65
•79* 80
....
45
117
64
64
115*
79* 79*
29*
S>*
31*
8m*
55*
99*
35*
54
)4*
30* 31
30* 31*
*...
107*
109* 109*
27
27*
35* &5*
,
9* 115
10*
115
a*
39
80*
32*
39
41*
119
61
•68
45*
120
64*
64*
80* 80*
Saturday, Nov.
Monday,
“
Tuesday,
Wednesday, “
Thursday,
“
Friday,
“
Jan.
80*
21*
43*
une
Mch.
Feb.
29
Sept. 28 73 Feb.
69* Jan. 5 80* July
60
21*
Feb. 10
Feb. 10
Jan. 12
Mch. 30
Mch. 30
40* Feb.
87* Apr. 21 51* Sept.
120
Nov.
92* Jan. 13
58* Jan. 2 65 Feb.
J
10
1
85
1%
79* Nov.
15
June
Nov.
52* Feb.
14* Nov.
16* Nov.
9 77* Nov.
39* Jan.
7
7
4
Jan.
6
94* Feb. 6
25 43* Nov.
5 18
Sept. 30 46* Jan. 2
Feb. 1
9 25 Nov. 6 57
30 25 Oct. 15 76* Feb. 7
Nov. 8 100* Jan. 29
13 76
9 41
Nov. 1 70* Jan. 8
Jan. 6
9 44* Oct. 15 82
1 56 Sept. 30 86 Jan. 29
Lapsley & Baaley, Brokers, 74 Broadway and
9 New street,
quote stock privileges, $100 for 100 shares, 30 days; $ 150 to $200, 60 days (ou
Members New Fork Stock Exchange or responsible parties), at the following dis¬
tance from the market.
Puts below. Calls above.
Puts below.Calls above.
60
60
30
30
60
SO
60
3j
Nov. 14,18T4.
days. days. days, days
W. Union'Tel
Pacific Mail
N. Y. C. ft Hud.
Harlem
Erie
...
Lake Shore
Northwestern....
*
..
..
..
*
*
1*
1*
*
3
..
..
.
1*
*
2*
1
1*
1*
1*
1*
1*
2*
1*
1*
1*
2*
2*
2
4
2*
2*
2*
The Gold Market.—Gold
Rock Island.
Mil. & St. Paul.
days. days. days. days
i1*
2
l
2*
*
..
Wabash
1
Ohio & Mississippi.
*
Union Pacific
*
Han. ft St. Joseph. 1*
...
O.. C. ft I. C
Quicksilver
has been quite
*
1
1
1*
1
1*
1*
l*
1*
1*
2*
1*
3*
2
iil
2*
1*
2
2*
3)4
steady throughout,
day, when the price advanced
to 110$ on a more active business.
There seems to be some
anticipation that gold will rule rather higher, chiefly in conse¬
quence of the firmness in exchange and the possible export of
specie. The slight rise in rates for gold loans, noticed week
before last, has not led to any further speculative activity, and
tlie terms on loans to day were 3, 2£, 2 and 1 percent, for carrying,
and flat.
At the Treasury sale of $500,000 gold, en Thursday,
the total bids amounted to $2,930,000.
Customs receipts of the
showing the most firmness to
week were $1,717,000.
The following table will show the course of gold and opera¬
tions of the Gold Exchange Bank each day of the paet week:
-
#
Custom
House
Sub-Treasury.
,
-Payments.-
Receipts
Currency.
Gold.
Currency.
Gold.
Receipts.
$262,000
384,000
404,000
164,000
7
Nov.
$871,232 18 $1,441,112 50
1,009,726 97 1,016,029 32
$631,654 01 $1,007,518 56
516.923 07
570,793 42
547,620 79
631,583 84
881,40!) 15
1,213,617 70
1,491,959 52
777.670 36
858.676 46
1,536,151 12
471.063 22
618.331 59
196,000
1,043.488 48
862,781 69
968,790 59
$1,717,000
9
‘5,336.356 87
4.866,558 49
6,056,187 87
7,377,675 38
307.000
12
Total
2,008,828 57
1.321,579 91
1,305.227 69
Balance. Nov. 6
56,486,335 94 55.500.760 54
Balance, Nov. 13
55.766.504 94 52.989.643 65
New York City Banks.—The following
the condition of the Associated Banks
week ending at the commencement of
business on Nov. 7, 1874:
AVKBAGJE AMOUNT
Capital.
Discounts.
$3/XK),00G
2,050.00L
8,000,000
2,000,000
1,500,000
8,000,000
1,800,000
Mechanics’
Union
America
Phoenix
$9,387,4(0
6,178,‘200
10,094,000
6.253.400
4.639.700
9,196,200
4.688.700
6, £22,400
1,000,000
City
Tradesmen’s
Fulton
Chemical
8.303.700
1,919,100
7,976,600
8.705.300
1,000.000
600,000
1,000,000
1,500,000
800,000
300,000
5,000,000
1,000,000
1,000.000
Republic
2,000,000
422,700
Chatham
450,000
People’s
412,500
Irving
Metropolitan
510,000
'4,000,(00
600,000
1,000,000
1,000,000
Citizens
Nassau
Market
St. Nicholas
Shoe and Leather..
Corn Exchange
Continental
Oriental
Marine
1,0(0,000
1,000,000
1,( 00,000
l,5()o,OCO
300,000
42.500
3:7,100
43,3(0
14/00
282.300
33,:-00
250.900
349,201)
737.600
47,(00
1(0.400
15.100
5/71,0i'0
1.403.700
,900
103,51 0
103,000
518,510
443.800
62’ ,800
2,4)5,400
:,934.tH0
5,000,000
2,000,(K)0
- 300,000
• 1,500,1 GG
50C,( 03
1,000,000
500,000
1,000,010
•250,010
200,000
2,(XXi,000
1,000,000
Boweiw National...
New York Co. Nat.
German American.
Dry Goods
1,947.1-•»
6.’.00
214,-00
526,000
1.170.500
2/76,800
14,802,200
1«,630,400
1.0KV oo
4.S17.000
2c'1.000
775,865
443,4(10
482.600
242.600
195.700
2,700
249.100
170.700
521,300
900/ 00
2,855,200
t>92,600
474,800
837,1*65
131.100
5,5t0
296.500
165,2C0
1,105,000
181,000
3,900
225/(0
718/OG
738/(0
4/(0
588.100
4,000
351.500
4:
9/00
883/00
297,100
715/00
68,000
3,099,200
l,2Ji,U00
H,lc0,000
5,549.000
409,000
1,587,(X0
265/ CO
117.200
1,068.(00
1,122,200
6.795.100
588 : 00
292/ 00
83,600
671,600
IS,978,200
1,000
503.400
7,038,000
1,881,000
6.929.200
535.200
222/00
28.800
31,100
3,ao
6.104.200
4/43,25 0
1.358.300
1,834. UX)
1,257,000
1,122,000
5,024,: 00
2.141.200
143,700
2.500
308.200
690.800
532,900
9.11/00
5.538.500
1.953.900
5.818.700
178.800
2 0,900
223.010
278/(0
901,010
193,565
2/9*51* CO
1,(57/CO
49/00
861.500
265/00
678.500
8 iB.iHO
220,(X 0
1,032.000
4.129.700
1.981.100
936.700
517,3U0
180/WU
1127574.800 $ 59.45*1.700 1 226,753 900 $35,082,900
Loan8
Inc. $3,108,000
Inc.
following
Dec.
are
Loans.
278.576,000
278.519.800
2:9,084.900
558/7u0
Net
of
previous week are as
Deposits.
Inc.
Inc.
Legal
Specie.
19.554.900
18.635.100
16,391,300
$901,200
25,400
169,900
the totals for a series of weeks past:
Circu¬
Tenders.
65.891.400
67.292.600
65/ 04,700
65,325.900
Deposits.
234.664,100
235.0uc.100
23-4,746,000
287.882,500
234/4U.800
280.567.800
19.863.100
19.952.100
13.919.900
18.374.200
16.9)6,700
15,0'7.800
64/04,800
13/85,200
60/97.000
53,830,800
12 .on, too
59.621.600
236.925.900
233.4:1,200
230.122.700
226.304.800
225.852.700
12,574,800
53,451,700
226.753.900
279,539,400
.’
Circulation
260.589.200
3.... 281.277,000
10.... 291.3:7/00
17.... 382.275.200
24.... 281,873,700
8t.... -31,958.700
NOV. 7....
8.223.600
tion.
$455^00
9,71X1
819.400
539.400
270,000
1,200
471,000
199.500
232,‘’00
250.700
151.400
1.0'7,‘200
Specie. .
Legal Tenders
Sept. 19...
Sept. 26...
1,2r9,3U0
2,746,iXi0
1,716,600
$31.435.200 $285,066,100
returns
Total
Sept. 5....
ept. 12...
419 ;-0)
570,0.i0
The deviations from the
follows:
Aug. 22..,
Aug. 29....
8,024,000
465,0: 0
111.300
265.900
167.800
80,900
4.200
18,600
772,100
400,000
350,000
800,000
2,011.9(0
3.567,000
£03,000
955.400
659,000
49.900
15,035.1 00
1.216.900
300.000
247.900
187/00
15 759,200
2,000.000
500,000
814.900
761.300
590.500
437.300
2.939.300
3,109,4' <0
1.549.500
2.234.100
1,500,000
2.898.500
1,0)5,500
3.674.300
9,112,21X1
8.193.800
3.211.7XK1
2/06,71X1
1.9.5.800
3, i 50,600
3.164.700
1,293/00
2f542,('(X)
8'
4.055.800
Park
Mech. Bank’gAsso.
Grocers’.
North River
East River
Manufact’rs’ft Mer.
Fourth National..,.
Central National...
Second N ational....
Ninth National
First National
Third National
N.Y.National Exch.
Tenth National
‘•56 800
467,200
231.300
1,016,700
8.860,600
3.268.600
900.300
612.900
26.100
45,51:0
12,099/00
1.478.100
2.347.400
2.824.400
2.474.500
Importers’* Trad’rs
1.656.500
1.191.100
764.100
231/00
9,700
194.900
45.200
24.100
367,000
3.993.700
2,49-,000
400,000
3,067,900
3,15 ,700
663,000
453.700
851.400
2 2,800
125.100
2.516.500
1.000,000
1,000,000
North America..,..
Hanover
Circula¬
Net
Tenners. Deposits.
Specie.
$1,829,800 $1,630.:00 $8,649,600
5.223.800
1,(40,800
373.400
9.762.500
761.900
3,365 600
4,095,000
940,000
198/ 00
15 ,400
2.737.800
510.500
8.161,400
2.823.900
619.900
546,1X0
3,161,.00
215.200
4.931.800
952.100
6-18,000
1,7-9,300
457.700
19,7 00
1.331.100
894/00
151.900
8.215.300
8,246,100
208.400
2.506.500
1.935.200
1,023,200
2,3 8:*,900
l.iSVOO
5.312.900
12.18),000
19.945.100
5,52-1,200
3.859.400
1.865.500
5.217.900
8,006,600
1.463.400
10,000,000
OF-
Legal
4.9.54,800
600,000
200,000
600,000
800,000
2,000,000
Mercantile
Pacific
The
statement shows
of New York City for tho
Loans and
Banks.
New York
Manhattan Co
Merchants’
Oct.
Oct.
Oct.
Oct.
Oct.
.
4.86 @4.86*
Prime bankers’sterling bills
London good bankers’ do
London prime com. ster do
Paris (francs)
Broadway
43* Feb. 11
180
3 days.
4.89*®4.90
4.89 @4.89*
4.85*@4.86
4.89 @4.89
4.84*^4.85*
5.13*@5.11*
5.215
5 13*®5 11*
Antwerp (francs)
5 16*@5 15
5.13*@5.11*
Swiss (francs)
5.16*@5.15
41*@ 41*
Amsterdam (guilders)
41*® 41*
96* @ 96*
Hamburg (reichmrks)
95 @ 95*
96* @ 96*
Frankfort (reichmarks)
95 @ 95*
96*@ 96*
Bremen, (reichmarks)
95 @ 95*
96* @ 96*
Prussian (reichmarks)
95 @ 95*
The transactions for the week at the Custom House and SubTreasury have been as follows:
60 days.
.
Feb.
117* Mch. 11
Oct.
62* Apr. 21
Nov.
79* Jan. 24
Nov.
Nov. 15 38* Jan. 29
Oct. 14 49* Jan. 24
Nov. 12 10* Feb. 3
Nov.
106* June 7
916,400
—November 13.
,
.
94
Nov.
829,902
162,130,000
110* 110
114*110*
Foreign Exchange.—The Exchange market, without being
particularly active, has been strong and advancing, and to-day
the asking rates of leading drawers were marked up to $4 86£
and $4 90, with actual sales a small fraction iower. There has
been but a moderate supply of outside bills offering, cotton bills
not being superabundant, and foreign bankers have been free
purchasers of exchange, as they have been selling government
bonds, either on hand or at seller’s option, 20 days. If the firm¬
ness continues, shipments of specie are expected.
The quotations
for exchange are now as follows :
Greenwich
Leather Manuf
Seventh Ward...,
State of N. York..
American Exch’ge.
Commerce
106* Feb.
77* Nov.
90
Sept. 19 140 Apr.
35* Nov. 7 69* Feb.
97* Feb.
57* Nov.
32* Oct.
75* Jan.
85
Feb.
31* Oct.
53
Feb.
Feb.
Jan.
Jan.
Whole year 1873
Lowest.
Highest.
$
$
110* 110* $160,885,000
110
Current week
110
Previous week..... .110* 110
Jan. 1,1874. to date... 110* 109
1,802,105
1,629.689
30,191.000
no* no* no*
13 ...no*
Merchants’Exch’ge.
Gallatin, National..
Butchers’&Drovers’
Mechanlcs&Traders
made at the Board.
48 May 6 74* Feb.
pref. 10* Sept. 8 22 Feb.
Jan.
Ohio & Mississippi.... 21* .June 17 36
3* Jan,
Boston, nartf. & Erie.
* Oct. 28
29
82
29
51
14
do
pref
Atlantic & Pacific
Central of New Jersey. 98
130*
28* 28*
Jan. 1,1873,to this date was as follows:
34* July 15 62*
51 Sept. 10 78*
92* J une 19 109*
31* May 18 49*
do
pref
Rock Island
102* 102*
ISO
28* 29*
61* 82*
SI* 31*
88* 39
54* m*
93* 99
34* 34*
,—Jan. 1, 1874, to date.Lowest.
Highest.
N. Y. Cen. & Hud. R... 95* May 19 105* Mch. 11
Harlem
134* Feb. 18
....118* Jan.
Erie
26* June 20 51* Jan. 15
Lake Shore
87* June 19 84* Jan.
Wabash
88* Oct. 23 55* Jan.
Northwest
Nov. 12.
ay.
Nov 13.
102
102*
130
131
1(
3c* 31*
si* •35
45* 45*
44* 45*
•117* 120*
117* 118
•63* .... •68* 64*
•64
65
•61* 65
•76
78* *7e* 80
pref.
29*
82*
31*
3-*
54*
99*
31*
54*
1(6* 10n* *10t>* 106*
*
Pacific Mail....
Adams Exp....
American Ex..
•
55
14*
30* 31*
Bost., H.& E..
Centra) oi N.J. 106* 106*
Del., L. & West 109* 109*
26
26*
Han. & Bt. Job.
Union Pacific..
35* 3-*
9* 9*
Col.Chic.ftl.C.
115 115
Panama
West, Un. Tel.
do
1°2*
130
180
130
Nov. 11.
10<i* 102 102*
‘U0
131
ISO*
Nov. 10.
9.
102* 102*
102* 102*
Harlem
Erie
Lake Shore....
Wabash
lay.
Monday,
Saturday,
Balances.——,
Total
Gold.
Currency.
est.
est. ing. Clearings.
110
110
110* no* $27,108,000 $1,725,459 $2,092,231
25.781,000 1,340,100 1.479.284
110* 110* no*
27.552,000 1,163,600 1,283,255
.no* no* no* no*
28,617.000 1,645.614 1,909,640
no* no* no*
21,636,000 2,073,600 2,286,234
no* no* no*
ing.
»—
57*
56*
,80*
*:4
Quotations.
Open- Low- High- Clos¬
since Jan. 1, have been:
01
3
•24*
Un Pac., let
do
L’d Gr’t
*
91702.. HnOo**
[November 14, 1874,
THE CHRONICLE.
498
65.700.400
68,966,100
62,394.200
236.460.800
-ate
lation.
ilearfngs.
25,920.000
820,109.469
25.803.300
25/62.400
25.6n5.70O
25.638.600
25,625/00
25.419.600
25.’. 15,600
25.060,5(»
25,018/00
827,151,644
37-(,.42,l-i2
89o/‘*6,:yo
404.199,718
405.048,051
516,055.766
481,795,675
465/75.847
447,768,716
25.057,500
894.77ft.672
25,062,900
446,584,160
N ember
QUOTATIONS IN BOSTON, PHILADELPHIA, BALTIMORE. &e.
Boston Banks.—Below we give a statement of tlie Boston
National Banks, as returned to the Clearing House on Monday,
Nov. 9, 1874:
Capital.
$750,000
Banks.
$1,637,000
3,139, OU
4.415.900
2.226.000
600,000
1.734.200
200,000
Boston
536,100
1,17-2,800
2,f,95,900
2.187.500
Boylston
Broadway-
500,000
Central
Columbian...
1,000,000
1,000,000
L,000,000
Continental
Eliot
yi 1,900
1,000,000
2,719.100
300,000
1.719.200
2.411.7(0
1,000.000
750,000
1.000.000
500,000
800,00C
800,000
400,000
3,000,000
200,000
1,000,000
1,000,000
900,000
Manufacturers
Market
Massachusetts
Maverick
Merchants.
Mount Vernon
New England
North
Old Boston
Shawrnut
Shoe A Leather
,
2,620,600
400.000
Everett
Faneull Hall
Freeman’s
Globe
Hamilton
Howard
Denosits.
8oecie. L.T. Notes. Deposits Clreui
8pecie. L.T.
$9,500
$65,600
$331.300
$422,900
895.500
67.900
7,0(0
7*2.101
235 200
1,850.500
32,690
777 100
4 2 *0
102.100
842.100
553.5* m
58S.21KJ
16,000
17,500
418.000
4(',(1’0
250.100
160.500
53,900
670,800
149.0io
612.400
32,300
4,000
79700(1
500
810.200
93,500
553.300
22.600
131.209
814,800
7:7.900
43.300
417.300
5/00
118.300
64.100
146.300
1.124,9(0
48-,900
5 i.7U0
563 4(0
3 i8.30l
2,000
11,000
180.200
S52.*01
969,600
79 61*0
952.10J
19.200
212.500
913.000
161,700
440.2; 0
7,100
Loans.
1,300,000
1,500,000
1,000.000
Atlantic
Atlas...■....
Blackstone....
1,86 V. 00
2,520.900
1.113,400
1,719,S00
1,935,100
69.300
69,200
179.400
34.300
11.6(10
16.100
2
500,000
1,000,000
1,500,000
1.930.50C
!, 108,900
626.80C
970.100
731.800
176,4ou
718.200
186.800
5%,000
569 200
690.500
781.700
2.4<J1,700
553,500
1.741 90
317.5C0
849,000
....
8.000
15.600
3.900
71.000
576, lUO
637 700
387,900
177.000
146,100
1,993,800
*.072.000
5.01)5,490
3.434.600
1,000,000
1,000,000
1 000,000
1,500,000
•2,000,000
200,000
Union
Webster
500
O31V0O
6/.S4.500
3.09 ',500
2.375.1 OC
1,500,000
Security
3,300
34,400
497 6(H)
719,600
1.071,900
111,300
97.200
160.800
90,700
236.900
238,200
81.000
586,760
152.800
219,100
1.38*),‘200
5,274^600
814.5(0
1,132.800
1,110,400
1.014,000
774,9 H)
919,400
42,600
10.100
4.889,600
1,000,000
Hide A Leather
Revere
1.082.400
958.700
160.300
226.200
57,700
2 4. -200
49.400
6OO0
2.035,500
4,271/00
2,000,000
1,000,000
Exchange
1,296,'(00
131,000
7.0C0
38,600
3.4 >4.30)
1,187.500
3,511.400
1.500,000
600,000
2.1)00,000
750,000
1,000.000
1.600 000
300,000
......
78.910
116.600
1.476.200
173.100
767,7.io
691.0JO
331,701)
S86,i,.0
1.530,500
3,848.700
City
Eagle
7.549,700
406,900
100
81,100
4,100
54,300
626.70C
2.565,900
2.931.3(0
2.053.300
2.482.80C
S ,19 <.400
State
Washington
147 9 to
345.600
354.900
346.200
53.400
155,: 00
80,400
8.999,000
1,000,000
First
;
Second (Granite)...
Third
Bank of Commerce
Bank of N. America
B’k of Redemption.
Bank of Repnbllc...
Common wealth
485.61(0
639,900
999.300
572,700
1,-289.900
1,000.000
Suffolk
Traders
Tremont
2.093.0(10
6M.400
1! 3,700
199.100
S00 UK)
412.100
321.600
77(i .200
161,700
1,833.200
976,500
•
775.900
7£1,41‘0
668,000
2 614 510
5.200
200
21 ,*.>■< HJ
147.600
269.300
121.100
69.4(10
2.277.900
972.9(0
1.008.500
176.700
534.700
2,620,000
7.103
64,100
1,054,200
470.700
23,310
5.066.600
1,000,600
$54,616,200 $24,915,100
Total.
$49,550,000 f131.910,600 11,340.600 ? 8,086.700
Thetotal amount “doe toother Banks.” as perstatementof
Nuv. 9, ie $23,21)2, lOo.
The deviations from last week’s returns are as follows :
Decrease. flll.SOO l Deposits
Loans
Increase.$1,913,7 0
Decrease.
Increase.
18.5UU
Specie
39.500 Circulation
Legal Tenders
The
25,200 1
...Decrease.
following
Date.
are
the totals for a series of weeks past:
Specie.
Doans.
129.299.900
3,325.000
129,696.600
139.460,200
2.7c'3,200
2,640,200
Oct. 5
131.256,600
131,533.600
131.940,400
131,818,100
Oct. 12
Oct. 19
Oct. 26
STov. 2...
132.563,100
132,246.100
1S2.U,31,100
2.670.490
2,436,( 00
2.253.800
2,133,300
1.927.600
1.914.600
1.612,900
1,3-0.100
131,940,600
LegaiTender.
9,46S.f'00
9.742,200
9,336,000
9,214.400
8,715,6(0
1,340,600
Sept. 14
Sept. 21.......
S»pt. 23
132,527,600
...
8.750.100
Deposits. Circulation
49,289,900
25.296.10C
48,737.700
25,166.800
25.104.900
49,-96,500
49,932,500
27.013,200
49,830,600
25.112.700
43.721/00
25.030.400
8,5-7,800
7.9-.8.300
51.149.000
7.491,400
51.(20.600
7,763,700
8/. 11.900
8,036,700
51,705,400
52,702.500
54,616,200
25.010.600
24,9.75.7 0
50,721.5C0
24.941,300
24,883.800
24.3')6,6i 0
24,915,100
con¬
Philadelphia National Banks for the week ending
Monday, Nov. 9, 1874 :
dition of the
Total net
Capital.
Loans.
$5.640,OOC
$1,500,0UC
North America
1,000,000
Farmers and Mech. 2.000,000
Commercial
810,000
Mechanics
800,000
Bong N. Liberties.
500,000
Southwark
250,000
250,000
Kensington
Penn
500,000
Western
*
400.000
Manufacturers’..., 1,000.000
Philadelphia...
.
,
.
.
.
,
250.000
1,000,000
200.000
300,000
.
Consolidation
<J!fy
.
.
First
Third
,
Sixth..,..
.
Seventu
.
Eighth....
,
$1,350,000
184,000
2.07:,000
1.000
S65.760
523.798
2,449.194
363,COO
217, "13
1,169,000
1.473.033
447
13,000
12,000
2<0.0(K'
358 475
3.423.000
212.000
891.800
431.000
341.000
7^9.000
100,000
199,000
224,000
1,(160.000
3)2,000
95,000
2.000
tr'
$325,953
180,000
786.966
984.8S9
592,313
1.375,000
1.28 1,000
1,121.000
19,000
1,000
*
10.0(H)
....
$14,916,057
The deviations from the returns of previpus
The
~
following
Inc..
are
the totals for a
Date.
Auznst 31
60,323,491
Sept. 7.
60.724.393
14
Sept. 28
Ocl.
Oct.
Oct.
Oct.
Specie.
400,496
471.324
Loans.
.
-
Sent. 21
.
’
-
456.004
873.604
355,525
60.564,873
fin.9 U.0T6
60.517.431
61,369.952
337,00t'
762,000
14 699.374
14.563,865
15 042 571
$43,152,369 $11,340,784
week are as follows^
Dec.
Dec.
$381,835
18,433
11.486.213
4S, 41 391
47.929.875
47.328.599
47.1*2.226
47,65.) 946
11.666,675
14,298,003
14,25‘.5‘2
1»,806 738
14,916,057
11,435,486
11.456 135
11.419,687
11,451,315
48,411,915
326,019
313,325
11.457.466
11 484,390
4 8.28 V2 >2
48,579 244
325,955
tt.-.27 512
11.436,603
267
47.972.670
48.537.251
11 3g9
48 152,369
11,340,784
WASHINGTON, D. C.—PRICES.
Bid. Adk
IB. d, Aski
Wash. Co. S. bonds, 7s,1576
7s,
J
1877...J
92
91
Chicago Relief bonds, 7s, 1877.; 90
Perm lrap.,6s,g. 1391
! 94
do
7a, D91
Market 8tock bond, 7s. lc92..
Water Stock bonds 7s, 1901....!
Fund. Loan (Co g ) 3.55b. 1925
Water Stock 6s 1869
do
1874
5 yearCers.,7 3-10, 1875
Ten year Bonds, 6s, 1878........
Fund. Loan (Cong) 6, g, 1892..
—.
95
93
Ccrs.cf stock (1843)6b, at pleas
-
98“
87*
65*
86
88
69*
79 “
98
93
.
do
(Leg),GB.g, 19u2..
Cern. of Stock (1828) 5s, at pleas
Cers., Gen. Imp. 8s j1ST*
1875
1876
1377
1878
Series.
Certificates, Sewer, 38, 1874..
do
'
98“ 99'
88*
91“
76
80
87
86*
83*
Board of Public Worksdo
do
do
do
do
(10
do
do
do
99
98*
Burlington & Mo. L. G. 7s
98
99
9ik
94
23*
23*
Ogdensburg <fc Lake Ch. Ss.
Old Col. A Newport Bds, 7, ’77.
Rutland, new 7s
Stansted & Chambly 7s ....
Verm’t Cen., 1st M., cons., 7, ’86
mi*
1C5
16
20
liok
Quincy
Clev. stock.
Concord
Connecticut River
Connecticut A Passumpsic,
pf.
Eastern (Mass.)
Eastern (New Hampshire)....
.
1875....
1376
...
1877....
1878....
Scritf.
Water Ceri ifleates, 8s, 1877...
86*
88“
m
83
88
15
65
87
57
65
62
62
63
64
90
65
95"
Ask
92*
1910....
2d
7s.’88
in.
93
88*
89
93*
84*
Philadelphia A Reading 6s, *80 101*
do
do
7s, *98
do
do
do
do
do
deb. bonds,’93
g.
78
m.7s,c. 1911
do reg/.91 106* 107*
6s, g., 1971..
7s, 1893
Phil.ARead. C.&I.Co.deb.7s’"2
do
do 1st m. Ts/92-3
Pitts., Cin. A St. Louis 7s
Shamokin V. & Pottsv. 7s, 1901.
new conv.
104*
104*
72
72*
Steubenville* Indiana6s
do
2d Mort.,7,1891....
Vermont & Can., new. 8
50*
Vermont A Mass., 1st M. 6,’83.
*130 130*
Boston & Albany stock..,
Boston A Lowell stock
110*4
Boston A Maine
145\ 146
Boston A Providence
72
Cheshire preferred
104* 105
Chic., Bur. &
Cln., Sandusky A
gen. m.
do
gen.m., reg., 191C
Perklomen 1st m.tis,’97
Phila. & Erie 1st m.6s,'81....
do
Cheshire,68
Eastern Mass., 7s..
Hartford A Erie, 1st M (new)7.
8
75
136
8k
73
51*
Sunbury A Erie 1st m.7a,’17..
Warren A F. 1st m. is,’96
West Chester cons. 7s, ’91
il
West Jersey 6s, ’S3
97*
1st m. 6s, ’96
do
do
do
101*
7s,’97......
Western Penn. 6s, ’93
do
do
6s.
p.b.,’96
71
Wilming.& Read.,1stM.,7,1900
do
do
2d Mort, 1902
CANAL, BONDS.
Delaware Division 6s,
*78..
Lehigh Navigation 6s,’84
do
RK, ’97....
54*
97*
97 H
92*
m
conv., '8* 97
conv., g/94. iOi*
do
do
do
do
Fitchburg
gold, ’97 »9*
98*
Morris, 1st M., 6,1876
do
2d M., 1876
121
do
boat, ’85
Ogdens. A L. Champlain
Pennsylvania 6s, 1910
do
do
pref...,
Schuylkill Nav. 1st m.6s,’97
106*
Old Colony *
do
111
2dm.,6s, 1907
111*
Port., Saco & Portsmouth
do
m. 6s,C..’95..
Rutland common
do
6s, Imp., *80
15
20‘
do
preferred
do 6s, boat* car,1913
40
Vermont A Canada
do 7s, boat &car,l97o
*82
33*
Vermont & Massachusetts
do
scrip
Ex dividend.
Susquehanna 6s, *94
PHILADELPHIA.
BALTIMORE.
STATU AND CITY BONDS.
Maryland 6s, Jan., A., J. A O.. 101
Pennsylvania 5s, coup
107*
do
6s, Deience
do
6s,’67,5-10,1st...
DU
Baltimore fa of’75
do
do
10-15, 2d...
100*
do
1884
do
do *15-25. 3d...
100*
do
6S.190C
02
Philadelphia 6s, old
lUO*
1890, Park 6s
do
105
115*
do
6s, new
101*
Baltimore A Ohio 6s of *75
79
Alleghany County,5s,coup...
10**
do
6s oi ’80...
do
Alleghany City fe
—
do
do
6soi’.85...f Mg*
73
Pittsburg 5s
93
Central Ohio, 1st M.,6
6b
...
do
Marietta A Cln., 1st M.,7,1891. 103*
7s
do
do
do
2d M.,7,1896.
New Jersey State 6s, Exempts
86
Norfolk Water 8s
Delaware State 6s
North. Cent. 2d M., 8. F.,«, ’85. 91*
railroad stocks.
do
do 3d M., 8. F., 6,1900 86*
36
Camden & Atlantic
do Id M. (V. AC) 6,*77 93
do
do
do
pref.... ... 43
do
do Cons, (gold) 6,1900 92*
12*
Catawissa
Pitts. A Connellsv.,lstM..7, ’98 81*
32
do
pref
1st M., 6,1889 40
do
do
40
do
new pref
West Md, IstM., endorsed, 6. ’90 98
Elmira A Williamsport
1st M., unend.. 6,'90.. 77
do
Elmira* Williamsport pref..
do
2d M., endorsed, 6/90. 98
39
East Pennsylvania
Baltimore A Ohio stock.,..... 171
Harrlsb’g, Lancaster & C
6
Parkersburg Branch
*6“
Huntingdon & Broad Top ...
42*
Central Ohio
do
do pref. 1‘4*
42*
do
preferred
61
61*
Lehigh Valley
CINCINNATI.
47fc
Little Schuylkill
Manchester A Lawrence
Northern otNew Hampshire..
119
Norwich A W orcester
99*
103
•
3 *
90
Nesquehoning Valley
Norristown
Northern Central
North Pennsylvania
OiiCre.^x & Allegheny
49V
River
Penns/ivania.
Philadelphia & Erie
Philadelphia & Reading
Philadelphia & Trenton
PUlia., wilming.* Baltimore
United N. J. Companies
9*
9*
52*
32*
i6*
54*
54*
128*
Westchester—•
pref
do
WestJersev
48
...
CANAL. STOCKS.
Chesapeake & Delaware
Delaware Division
Lehigh Navigation
Morris
do
51
IS*
43*
;
pref
Pennsylvania
Susquehanna
12*
Catawissa, 1st M.conv.,’82....
’88....
do
chat. m. do
do
new 7s, 1900
Cayuga Lake 1st m. gold 7s ...
Connecting 6s 1900-1904
Dan., H. & W likes, 1st m.,70/87
East Penn. 1st mort.7s, ’88... .
El. & W’mspoit, 1st m, 1b. ’30.
do
do 5s,ncrp
Harrisburg 1st mort.6s,’88....
H. * R. T. 1st mort. 7s, ’90
do
2d mort. 7s, ’75....
do
3d m. cons. 7s, ’J5.
Junction 1st mort. 6s, ’65
do
2d
do
1900
81*
90
86
84*
99*
85*
93
1U5
101* 10!
70
90“
40
50'
102
98*
10C*
63
10 J*
105*
97*
98
50
48
:o2
do reg, 1898 102*
do
7s. 1910 105
do
do con.ml923
Little Schuylkill.1st M.,7, 1877. 101*
Northern Central 2d m,6s.’85.
do
do
do
do
do 3d m,6s, 1900 ..
do
con. m. g, 6s. 1900
28
Northern Pacific 7 3-10s. 190C.. 27
103
North Penn. 1st m, 6s, ’85
1(2
do
2d m. 7s, ’96
102*
105
do
IQs, chat, m.,*7? . 104
do
gen. mort. 7s, 1903
OUC.-*** tLl.
con. 7s, ’88. 54* 55“
75
80
Oil Creek 1st m. 7s, ’82.
Penn* N.Y.C &R R. ls/96-1906 104*
102*
102*
IUU*
93*
103*
91*
90
95*
87*
100
92*
81*
75
99
c5
9>
173*
15
45
45
S3
94
104
lfO
92
100
102
112
94
87
97
92
102
62
88
75
92
95* 96
88
89
85
68
£0
91
65
PO
75
80
72
75
82
85
89
90
f5
60
94
95
37
HO
88
102
94
81
80
e3
81
90
82
Little Miami stock
LOUISVILLE.
6s,’97 to ’98
Watei 6s,’87 to ’89..
Water Stock 6s, *97.
do
do
do
do
do
Wharf 6s
special tax 6s of’89
Jeff., Mad.® I,lstM.(IAM)7, »8l
do
do 2d M.,7,.
Lehigh Valley, 6s, 1898
do
do
Dayton A Mich., lBt M.,7 81..
do
do
2d M.,7,’84..
do
3d M.. 7.’88..
do
Louisville 6s, ’82 to ’87
93
99
90
100*
101
Id
101
103
99
90
97
do
7 p.c.,1 toSyrs
do
100
do
do
!g bds, 7 A i.30»
Cln. A Cov.Bridge srock, rrei 98
do
bonds, short 'j2
do
honds.long. 64
Cln..Ham. A D., 1st M., 1, 80... 96
do
do
2d M.,7,'85... 90
3d M., 8,77... 100
do
do
80
Cln.. Ham.A Ind.7s guar
86
Cln. A Indiana, 1st M.,7
do
do 2d M.. 7,1877.. 78
Colum., A Xenia, 1st M.,7, ’90 90
Cincinnati Southern RR. 7s...
Ham.Co.,Ohlo6p.c. long bds.
Ind., Cln. A Laf., 1st M.,7
do
(I. AC ) IstM.,7,1888
Little Miami, 6,1883
Cln. Ham. A Dayton stock....
Columbus A Xenia stock
Dayton A Michigan stock....
do
8 p. c.st’kguai
6
iOS
108
100* IC1
do To’do dep. bds,7, *81-’94
Dayton A-West., 1st M.,7,1905
do
1st M.t 6,1906.
do
6
railroad bonds.
Alleghany Val. 7 8-10s. ’.896 —
Is E. Ext.,1970
do
Belvldere Delaware.lst m ,6/77
2d M. 68/85
do
do
do
do
3d M. 6a,*87
Camden * Amboy, 6s, ’75....
do
do
6 s,’88
do
do
«S,’89
do
do mort. 6s, ’89...
do
consol., 6s,’94...
Atlan. 1st m, 7s. g. If 08
Cam. *
Cam. & Burlington 8s, 13*7...
80
90
Cincinnati 5s
do
6s
do
7s
do
7-Sbs
52*
Mtnehlll
180,000
14.510.9(6
61,284 827
§9*
Chicago Sewerage 7b
do
Municipal 7s
Portland 6s
450,000
370,169
292.'67
110
Union../.
335.160
61.440.942
60.992,399
257.228
series of weeks past Circulation
:
Deposits.
15.338.583
do
ior
Boston 6s, Currency
do
5s,gold
530 000
800 009
61,761.307
12
19
26
Nov. *2
NOV. 9
450.000
LegaiTender
16,230,212
Massachusetts 6s, Golddo
5s, Gold...
963 000
61.322.2 41
5
209,190
-
8.825.000
.
109
Schuylkill Navigation...
do
/
pref
33,"8) I Circulation
109,299 I
Inc.
10! \
101
6a
j Bid
8KCTCTRITIB8.
Pennsylvania, 1st M.,6,1880.. 303 103*
do
m 100
2d M.,6,1875...
BOSTON.
Maine 6s
New Hampshire,
Vermont 6s
135,000
21",350
225,400
Inc. $212,498 * Deposits
Loans
Specie
Lssal Tender Notes
180JHH1
213.4'0
532.024
201,625
609.000
1.125.900
1-81,524
756,000
8.030
6.000
»
201,092
218.00J
300 000
1,183
581,000
414,000
652.173
3.377,000
363.000
212.294
347 800
10.5(0
1,009.000
250,000
1.000,000
610,000
4-n.OfK'
99,976
l,04(\8fU
580,000
i,ooo;ooo
,
77T.UOO
5.880,200
306.0)5
2.219
82.000
Bank of Republic..
Deposits.Circniat’n.
$4,170,000 $l.000,9,»0
34-.000
510.000
393.333
208.0 0
4.380,000
2.120,000
717,000
.
.
3.777,000
7:3.000
10,200
$16,435,000 $61,234,897
Central
L. Tender
2,139.000
1.423,000
2.8=6,000
1.11V63
657.C18
4,046.000
"
,
83,900
3.500
8.000
1.572,224
827,392
1,987,000
1.607.000
400,000
900,000
500,000
500,000
1,000,000
300,000
150,000
250,000
275,000
750,000
,
Commonwealth. .“*
Corn Exchange....
Union....
$52,000
5.0<>3,000
6.573,300
2,699,000
2,288.000
2,710.000
1.312.748
1.040 716
1,293,416
2,337.227
2,3:6.(’00
8(4.200
8.978,000
1,553.00)
1,179.344
,
Bank of Commerce
>
Girard
Tradesmen’s
Specie.
Bid. Ask
SKOUBITIBS.
.
Philadelphia Banks.—The following is the average
Bangs.
499
THE CMkONICLR
14,
do
do 1st M.,7,1906.,..
Louisv.C. A Lex., 1st M.,7, ’97..
Louis. A Fr’k., lBt M., 6, ,70-*78..
do
Loulsv.Loan,6.’81.
L. A Nash. IstM. (m.s.) V77..
do Lon. Loan (m.s.)6, *86-*87
do
do
(Leb, Br.) 6, ’86
do IstM. (Mem. Br)7,’70-’75.
81*
81
do
do
common.
LouiuvIUe A Nashville
NT. LOUIS.
St Lonis 6s, Long Bonds
•Ao
Water 6s gold
do
do
do
(new)
North Mlssonri. Ut M. 7s,. .
At.A Pacific guar, land grants
do
2d M.
...
Pacific (of Mo.) Is* M. gld....
do
do
2dM.bds.
do
do
stock
Kansas Pacific stoeg.
do
IstM gldfis.J. AD.,
do F.AA
do ‘
do
•And Interest.
+ 71at.
...
....
■
SI*
8*
82
70
82
71
66
&
86
87
94
83
83
£8
87
98
62
82
97
*8
81
83
lstM.(Leb.br.ex)7.’80-’85
Lou.L*n(Leb.br.ex)6,’9i?
do Consol. 1st M.,7,1898....
Jefferson., Mad. A Ind...
’9
Louis r., Cln. A Lex.,pref,
4
do
do
81
94
81
8!*
S3*
i6“
6
32*
•9!* •92*
*9 * 1" *
*98* *101
31
3 *
2>
92*
72* 75
40
3
41
»?*
60
[November 14, 1874.
THE CHRONICLE.
500
United States
QUOTATIONS OF STOCKS AND BONDS IN NEW TOEK.
Bands ana active Railroad Stocks are quoted on a previous page and not repeated here. Prices represent
cent value, whatever the par may he. w N. Y. Local Securities ” are quoted in a separate list.
Bid. Ask.
SECUSITIZS.
Bid. Ask.
SECURITIES.
Southwestern RR. 8s
91
7s, guar
70
Peoria, Pekin A 1.1st mort.... 75
40
Peoria & Rock 1.7s, gold
Port Huron A L. M. 7s, gld. end 25
do
do 7s, gold...
Pullman Palace Car Co. stock.
do
bds, 8s, 1st series 92*
73*
Rockf’d, R. I. A St. L. 1st 7s, gld 95'
69* 73
70
Rome A Watertown 7s
95
56' 60
Rome, W. A Ogdensburg 7s...
78* Rondout & Oswego 7s, gold...
90
Sioux City & Pacific 6s
70
South Pacific 6s, gold
65
Southern Minn, construe. 8s...
92
Belleville A S. Ill. R. 1st m. 8s
Tol.. Peoria A Warsaw, E. D...
do
do
W.D..
do
do Bur. Div
*4% 4*
do
do 2d mort..
5
do
20
do consol.78
18
250
Tol. A Wabash, 1st m. extend
240
do
do
lstm. St.L. div
70
71*
do
do
2d mort
do
do
equipm’t bds.
108
106
do
do
con. convert..
102
Hannibal & Naples, 1st mort...
101*
98
Great Western, 1st mort., 1888.
do
2d mort., 1893..
23* 23*6
80*
46*
State
Bonds.
85
Alabama 5s, 1883.
35
do
38.1886
40
do
88.1886
do
88, Mont. A Euf ’la R.
do
8a, Ala. & Chat.R....
8s
Of 1892..
do
20"
Arkansas 6s, funded.
9
do
7i,L. R. A Ft. S. Ibb. 12
do
7s, Memphis A L. R.
do
7s,L.R.,P.B.&N.O. 8
8
7s, Miss. O. A R. Riv.
8
7s, Ark. Cent. R
113
California 7s
do
7s, large bonds
104
Connecticut 6s
;;;;
Railroad Bonds.
f
f
t
.
84
Illinois 6s, coupon, 1877
do
do
1879.
do
War loan
Kentucky 6s
Louisiana 6s
..of 1910
do
do
do
do
do
do
•
•
....
28“
27
28
103
r.
f
*
»
*
*
102
101
98
97
1875.
1876.
1877..
1878.
1879..
1880.
ff
do
do
do
do
do
do
do
Chic. A
do
do
do
do
-
f
103
101
101*
96
96
t
93
95
do
do
do
6s, Canal Loan, 1875.
do
6s,
do
1877
do
6s,
do
1878.
do
6s, gold reg
1887
do
6s, do
coup..1887.
do
loan..1883,
6s, do
do
6s, do
do ..1891.
do
5s, do
do ..1875
do
5b, do
do ..1876
North Carolina 6s, old, J. «fc J..
A. A O.
do
N. C. RR....J. & J.
do
do
....A. & O.
do
do coup off.J. & J.
do
do do off.A.&O.
do
do
Pudding act, 1866...
1868...
do
do
New bonds, J. & J..
do
do
A. & O..
do
do
Special tax, Class 1.
do
Class 2.
do
do
Class 3.
do
Ohio 6s, 1876
do 6s, 1881
do
do
Tennessee 6s, old
do
do ex coupon.,
do new bonds.,
do
do
do
do
ex c
do
do
do new se
^
„
•
*
r
*
t
r
-
-
,
T
r
f
*
r
t
*
•
f
31
do
do
do
.
do
do
do
.
25
20
r
r
n
-
t
40
-
.
T
,
.
(Active previously quoted.)
Harlem pref
Illinois Central
Joliet A Chicago
Long Island
Marietta A Cln., 1st pref..
do
2d pref...
Michigan Central
Morris A Essex
t
75
57
57
97
36
36
36
55
55*
52*
.
41*
43
11
12
95*
68
101* 102*
106
*
104* 105*
64* 66
87* 00 r— ^
•
«
:
:
34
35
95
98*
98
•
•
•
77*
98*
78
98*
60
93*
112~
....
6
12
22
27
20"
...
...
44
65
61
....
t
reg.
do
T
96"
83"
mort. 8s..
Extended... 104)6 105"
101
96)6
94
116
Nebraska, 8
p. c...
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
Land
m.
4<j“
100
7s....
97* 99*
.
Creston Branch
Charlton Branch
102
98*
65
77
80
Land grant 6s,g
do
Central of Iowa 1st m. 7s, gold
do
do
2d in. 7s, gold
Keokuk & St. Paul 8s...
Carthage A Bur. 8s
102* 104
Ms
is
~
bds.
Central 8s
Chic. & Southwestern RR. 7s.
American
100
100
166'
100
100
40
98
95
98
45
100
l66*
Chesapeake & 0.1st m. gold 6s 50*
do
2dm. gold 7s
Col. A Hock. V. 1st 7s, 30 years
do
do 1st 7s, 10 years
do
do 2d 7s, 20 years
85'
do
Cons,
do
Cons.reg.,2d . ...
Marietta & Cln., 1st mort
Mich. Cent., consol. 7s. 1902 ...
do
1st mort. 8s, 1802..
New Jersey Southern, lstm. 6s
consol. 7s
do
do
New York A New Haven 6s....
N. Y. Central 6s, 1883
do
6s, 1887
do
6s, real estate....
do
6s, subscription.
do
7s, 1876
do
7s, conv., 1876....
do
78,1865-76
do & Hudson, 1st m., coup.
1st mort., reg...
do
Hudson R. 7s, 2d m. s. fd. 1885..
do
7s, 3d mort., 1875..
• •••
100
••••
97
80
48
••••
99*
103
106
97
103
98
99
96*
■ •
100
99*
HI
••
•
100)6
97
99*
95
do
do
do
do
2d 78
7s, epuip.
51
25
90
90
..
—
„
50*
85'
.
Evansville, Hen. & Nasliv. 7s
Elizabethtown A Padu. 8s, con.
Evansville, T. H. A Chic. 7s, g.
Flint & Pere M. 7s, Land grant.
Fort W., Jackson & Sag. 8s
99* Grand R. & Ind. 7s, gold, guar
112
do
do 7s, plain
35
Grand River Valley 8s
Hous. A Texas C. 1st 7s, gold..
400* Indlanap. A Vincen. 1st 7s, guar
98
Iowa Falls A Sioux C. 1st 7s...
101
83
80
85
97
45
84*
80
90
l66'
92'
83
95
80
102
90
85
Indianapolis A St. Louis 7s.
90
Jackson, Lansing & Sag. 8s
Jack., N. W. A S. E. lstm. g.7s
Kansas Pac. 7s, extension, gold 60*
102*
do
7s, land grant, gld
••
do
7s,
do new,gld
• •
do
6s, gld, June* Dec
Ill 111*
do
6s, do Feb. A Aug
HI
do
7s, 1876, land grant
108 iio
do
7s, Leaven, br’nch
99*
do
Incomes, No. 11...
Harlem, 1st mort. 7s, coup
107* 108
do
do
No. 16..
do
do
reg
107* 108
5
do
Stock
84*
North Missouri, 1st mort
80*
Kalamazoo A South H. 8s, guar 92*
Ohio A Miss., consol, sink. fd. 95*
Kal., Alleghan. A G. R. 8s, guar
do
consolidated
do
93* 95
85'
79
Kal. & White Pigeon 7s
do
do
2d
do
78
90
95* Kansas City A Cameron 10s...
Central Pacific gold bonds..... 95*
Kan. C., St. Jo. A C. B. 8s of ’85
State aid bonds 102
do
do
do
do 8s of ’98
Western Pacific bonds
85* 86
Union Pacific, 1st mors, bonds 89* 90* Keokuk A Des Moines 1st 7s...
88* L. Ont. Shore RR. 1st m. gld 7s.
do
Land grants, 7s. 88
Lake Sup. & Miss. 1st 7s, gold.
Income past due 90*
do
do
'
76* 76* Lear., Atch. A N. W. 7s, guar..
Sinking fund..
Leav., Law. A Gal. 1st m., 10s..
Pacific R. of Mo., 1st mort.,
82*
Louisiana A Mo. Rlv. 1st m. 7s.
do
do
1st Caron’t B. —
75
Logans., Craw. A S. W. 8s,gld
do
do
2d mort
72*
98*
Michigan Air Line 8s
Pacific R. 7s, guarant’d by Mo. 100*
Montlcello A P. Jervis 7s, gold
Pitts., Ft. W. & Chic., 1st mort. 109*
35'
105
Montclair 1st 7s, gold
do
do
2d mort. 104
102
Mo., Kansas A Texas 7s, gold..
do
do
3d mort. 95
Mo. R., Ft. S. & Gulf Istm.lOs.
Cleve. A PittB. consol, s. fund. 98* 100
do
do
do 2d m. 10s.
do
100 100*
do
3d mort
43*
93* N. J. Midland 1st 7s, gold
do
do
4th mort
93
do
2d 7s
Col.. Chic. & Ind. C. 1st mort.. 67* 67*
25
N. Y. A Osw. Mid. 1st 7s, gold,
do
•
do
2d mort.. 20
do
2d 7s, conv.
89* de
St. L. A Iron Mountain, 1st in.. 86
do
West. Extension 7s.
do
2dm.. 61*
do
105“ N. Haven, Middlefn A W. 7s..
Alton & T. H., 1st mort
100
North. Pac. 1st m. gold 7 3-10s..
do
2d mort. pref
do
Land warrants....
do
2d mort income) 71* 74
do
do
.
95
98
Chicago, Bur. A Quincy 7s
Chic., Danv. A Vlncenrs 7s, gld
45*
Chic. A Can. South. 1st m. g. 7s
Ch. D. A V., I. div., 1st m. g. 7s. 45'
84
Cleve., Mt. V. A Del. 7s, gold..
Connecticut Valley 7s
Connecticut Western 1st 7s....
102)6 Chicago & Mich. Lake Shore..
Dan., Urb., Bl. A P. 1st m. 7s, g 52*
Des Moines A Ft. Dodge 1st 7s.
Detroit, Hinsdale & In. RR. 8s.
100
Detroit A Bay City 8s
60
60
103)6 Detroit, Eel River A Ill. 8s
107
Det.. Lans. A Lake M. 1st m. 8s
do
do 2d m. 8s
40
105
Dutchess* Columbia7s
65
102
Denver Pacific 7s, gold
70
Denver A Rio Grande 7s, gold.
88
102
Evansville A Crawfordsv.,7s..
85
103
Erie A Pittsburg 1st 7s
Chicago, C. & Dub. 8s
100
75
40
65
Wisconsin Valley 8s
Southern Securities.
CITIES.
8
Atlanta, Ga., 7s
do
8s
85
Augusta, Ga., 7s, bonds
Charleston stock 6s
Charleston. S. C., 7s, F. L. bds.
Columbia, S. C., 6s
Columbus, Ga., 7s, bonds
Donds
.
...
Montgomery 8s..
25"
98
98
98
85*
Newark 7s.
Nashville 6s, old
do
68, new
New Orleans 5s
55
90
• •••
• ••
100
82
100
20
Mobile 5s
do
8s
100
89
ioT
20
St. Louis, Vandalia A T. H. 1st.
do
do
2d, guar.
St. L. A So’eastern 1st 7s, gold.
St. L. A St. Joseph 1st 6s, gold.
Southern Central of N. Y. 7s...
Union* Logansport7s
Union Pacific, So. branch, is, g
Walklll Valley 1st 7s, gold
West Wisconsin 7s, gold
Macon 7s,
70
98"
Sandusky, Mans. A
Memphis old bondB, 6s
do
new bonds, 6s
do
end., M. & C. RR.
99
97
98
97*
90
91
80
48
35
Lynchburg 6s
95
Cairo & Fulton, 1st 7s,gold ...
California & Oregon 6s, gold..
CaliforniaPac. RR. 7s, gold...
do
6s, 2d in.,g
Canada & Southern 1st 7s, gold
Central Pacific 7s, gold, conv..
do
7s
St. Jo. A C. Bl. 1st mort+lOs...
do
do
8p. c.
St. Jo. A Den. C. 8s, gld, W. D.
do
do
8s, gld, E. D..
45
102
2dS.,do 7s....
3dS.,do 8s.... 97"
4thS., do 8s... 97
5thS., do 8s... 97
97
6th S., do 8s.
Dixon, Peoria A Han. 8s.
O. O. A Fox R. Valley 8s.
Quincy A Warsaw 8s
Illinois Grand Trunk
102* 103* Chic., Dub. & Minn. 8s...
Peoria & Hannibal R. 8s..
94“
Chicago & Iowa R. 8s—
98
extended
endorsed
do
2d mort., 7s, 1879.
Sd do
7s,1883
4th do
7s, 1880
5th do
7s, 1888
7s, cons. mort. gold
70
104
.......
Atlantic A Pacific Telegraph.. 119* 20
•
16
8
Boston Water Power
C$nt. N. J. Land Improv. Co..
95)6
cp.gld.bds 88)4
102
87
98
102*
100 100*
95
coup.,2d.... 94
.
Toledo, Peoria A Warsaw
Toledo, Wab.& Western, pref 38"
MlacellaneoutNtoclcn
American District Telegraph..
Delaware A Hudson Canal
consol.bds
ext’n bds.
1st mort...
do
do
do
do
Atchison &
86)6 Bur. & Mo. Rlv., stock
95
£* 87”
86
Bur.,C.R. &M. (M. div.), g. 7s. 94"
Bur. A M. (in Neb.), 1st conv..
.
40
Paslflc of Missouri
93*
Pitts., Ft. W. A Chic., guar..
do special..
do
110*
•ensselaer * Saratoga
72
Rome, Watertown A Ogdens
Ciuiton Co., Baltimore
int. bonds,
f
Missouri, Kansas A Texas
New Jersey Southern
N. Y., New Haven A Hartford. 136
58
Ohio A Mississippi, pref
St. Louis, Alton A T. Haute...
do
do
do
pref
Belleville A So. Illinois,pref..
&t. Louis, Iron Mount. A South.
do
do
84“
77
Istm.I.dcMJD.
lstm. I. & D.. 7i" 73
1st m. I. A 1...
1st in. H. A D. 72“
1st m. C. A M. 76)6
74
2d m.
do
103
N. Western sink. fund. 102
,
Railroad Stocks.
Albany & Susquehanna
Central Pacific
Chicago & Alton
do
do pref
Chic., Bur. & Quincy
Cleve., Col., Cln. A Indlanap.
Cleveland A Pittsburg, guar...
Dubuque A Sioux City....
Erie pref
Hannibal A St. Joseph, pref...
80
84
lstm.,LaC.D.
do new bonds
do
Cleve., P’vllle & Ash., old bds.
do
new bds
do
7* Detroit, Monroe A Tol. bonds.
Buffalo & Erie, new bonds
57* Buffalo & State Line 7s
Kalamazoo A W. Pigeon, 1st
57* Lake Shore Div. bonds
57*
do
Cons, coup.,l6t...
do
Cons, reg., 1st
_
57*
•
98
106)6
91)6
.
t
,
102%
BuffT.N.Y. & Erie, lstm.. 1877.
do
do
do large bds
Han. A St. Jo. land grants
do
do
8s, conv. mort...
Illinois Central, 7 p. c., 1875—
Dubuque & Sioux City, 1st m..
do
do
2d div.
Cedar Falls A Minn., 1st mort.
Indlanap., Bl. & W., 1st mort..
do
do
2d mort...
Mich. So. 7p. c. 2d mort
Mich. S. & N. Ind.. 6. F., 7 p. c.
Cleve. & Tol. sinking fund
....
t
96
112
107
108
Long Dock bonds
12
12
10
r
90*
do
do
do
do
do
do
do
Erie, 1st mort.,
30*
.
Chicago, 1st mort
do
do
Morris A Essex, 1st mort
2d mort
do
do
bonds
do
do
construction
do
do
do
7s of 1871
do
.
»
-
106
Oswego A Rome
Illinois A So. Iowa, 1st mort...
71
50)6 Lafayette, Bl’n A Miss., 1st m.
Han. & Central Missouri, lstm.
PekimLlncoln A Decatur. 1st m
Cln., Lafayette A Chic., 1st m.
Del. A Hudson Canal, lstm., ’91 107
do
do
1884 106
do
do
1887
86* 89
Long Island RR., 1st mort
113
Nashville & Decatur, 1st m. 7s.
108
South Side, L. I., 1st m. bonds.
99*
Western Union Tel., 1st m. 7s. 99
miscellaneous Lht,
13
11
Arkansas Levee bonds, 7s
50
100
Atchison & P. Peak, 6s, gold...
107
Atlantic A Pacific L. G. (fe, gld. 25“ 37*
60*
Atchison, Top. A S. Fe, 7s, gld.
70
65
103
101
106
7s, conv. 110
*
•
-
100*
2d mort.....
Peninsula, 1st mort., Conv
Chic. A Milwaukee, 1st mort..
Winona A St. Peters, 1st mort.
do
do
2d mort..
C.,C.,C.& Ind’s.lstm.7s, S. F.
Del., Lack. & Western, 1st in.,
do
do
2dm...
„
*
*
7*
.
.
•
-
1st mort
Income
do
Iowa Midland, 1st
Galena & Chicago
do
do
....
101
104
106
104
27
21
20
23
17
17
17
7
75
do
1867.
do
do consol, bonds...
do ex matu d coup.,
do
do 2d s
do deferred bonds.,..
do
....
50
50
87
37
21
20
15
14
8
8
Virginia 6s, old.
do new bonds, 1866.
do
T
....
30*
Texas, 10s, of 1876
T
95*
110
110
110
110
110
110
115
108
108
30*
April A Oct
Funding act, 1866.
Land O', 1889, J. & J.
Land C, 1889, A. &0.
7s
of 1888.
...
#
101
do 6s. 1886
Rhode Island 6s
South Carolina 6s
Jan. & July
do
-
f
95\
.’
do
do
do
do
do
•
ttt.
93*
93*
108*
coup. 108*
do
do
.
•
do
do
Louisiana A Mo.. 1st m., guar.
St. Louis, Jack. A Chic., 1st m.
Chic., Bur. A Q. 8 p. c. 1st in...
Chicago, Rk. Island & Pacific.
Central of N. J., 1st m., new...
do
do
2d m
do
con. conv
do
Am. Dock & Improve, bonds..
Mil. & St. Paul 1st m. 8s, P. D.
do
do
7 3-10 do.
do
do
do
7s, gold, R. I).
■***
Funding bonds due in 1894...
I iLong bus. due ’81 to ’91 lncl
UAsy lum or Unlvers., due 189!
Han. A St. Joseph, due 1871
■ do
do 1876.
do
k do
do
do 1886
do
do 1887
do
New York Bounty Loan, reg..
do
do
#
T
25
25
21
7s, Penitentiary....
6s, levee bonds...,.
8s,
do
do
1875,
8s,
Michigan 66,1878-79
do
6s, 1888
do
7s, 1890
Missouri 6s, due In 1874
do
do
do
do
do
do
„
101*
do new bonds.,
do new floating debt
8s
Tf
.
do
do
Joliet &
80
.
*
101
102
102
102
Indiana 5s
do
do
do
do
do
do
90*
.
50"
50
40
Omaha A
95
81
71
50
48
50
8*
Quincy A Toledo, 1st mort. 1890
43
guar..
do
do
ex coup
Chicago A Alton sinking fund.
80
„
do
Chesapeake & Ohio 6s, 1st m...
.
89*
7s, new bonds
7s, endorsed
7s, gold bonds
do
«
do
do
2d
3d
do
do
do
do
tost<
do
76
Georgia 6s
do
do
do
•
pref
....
do
do
•
do
do
....
....
Bid. Ask.
8XGUBITIXS.
Bid. Ask.
8EOUBITIXS.
the pdf
85
80
96
85
consol. 6s
bonds, 7s
10s
to railroads, 6s..
do
do
do
do
Norfolk 6s
Petersburg 6s
Richmond 6s
Savannah 7s, old
do
78, new
BAILBOADS.
Ala. & Chatt. 1st m. 8s., end—
Ala. A Tenn. R. 1st mort. 7s...
do
do
2d mort. 7s—
Atlantic & Gulf, consol
do
do end. Savan’h.
do stock
do
do
do
do guar...
Gentral Georgia 1st mort. 7s...
consol, m. 7s.
do'
do
stock
Charlotte Col. & A. 1st M. 7s.
do
do
stock...
Charleston A Savannah 6s, end
Savannah A Char. 1st m. 7s....
Cheraw & Darlington 7s
East Tenn.* Georgia6s
East Tenn. & Va. 6s, end. Tenn
E. Tenn. Va. & Ga. 1st m. 7s..
do
do
stock
Georgia RR. 7s
do
stock...
Greenville & Col. 7s, guar....
do
do 7s, certif...
Macon & Brunswick end. 7s...
Macon & Western stock. .
Macon &
do
do
Augusta bonds
endorsed...
stock
do
do
Memphis A Charleston 1st 7s..
do
do '
2d7s...
do
stock
do
Memphis & Little Rock lstm,.
Mississippi Central 1st m. 7s...
.
2dm. 88....
do
Mississippi & Tenn. 1st m. 7s.
do
do
consol. 8s.
Montgomery & West P. 1st 8s
do 1st end
do
do
do income
Mont. & Eufaula 1st 8s, g. end
Mobile & Mont. 8s,
gold, end..
Mobile & Ohio sterling
do ex certif
do
do
do
do 8s, interest
57*
do 2d mort. 8s....,
do
75
do
do stock...
65
N. Orleans & Jacks. 2d m. 8s...
55
60
80
60
25
15
do
do
certif’s 8s..
N. Orleans & Opelous. lstm. 8s
Nashville* Chattanooga6s...
Norfolk & Petersburg lstm.8s
do
do
7s
do
2d m. 8s
do
7*
102
Northeastern, S. C., 1st m. 8s.
95
96
100
60
45
85
30
84
35
85
66
80
Wilmington, N. C.,6s,gold....
do
do
8s, gold....
2dm. 8s..
do
Orange &
Alexandria, lsts, 6s..
2ds, 68..
8ds, 8s..
4ths, 88..
Richm’d & Petersb’g 1st m. 7s.
do
do
do
do
do
do
Rich., Fre’ksb’g &
Poto.6s—
55*
do
do conv.7e
Rich.* Danv. 1st consol. 6s...
South A North Ala. 1st M. 8s...
Southside, Va., 1st m. 8s
2d m., guar. 6s.
do
3d m. 6s
do
do
•
4th m. 8s
40
30
80
3
60
10
65
84
50
85
80
50
72
80
100
86
66
67
36
at
70
90
7?
7t
86
60
90
85
53
50
77
81
88
90
15
16
65
85
80
80*
75
60
70
80
75
70
67
62
18
95
85
85
80
98
88
82
92
85
90
82
91
71
90
80
80
68
TO
Southwest RR., Ga., 1st m.
56'
50
48
30
30
10
10
40
30
35
do
stock
S. Carolina RR. 1st m. 7s, new.
do
6s
do
7s
do
stock
West Alabama 8s, guar
PAST DUE COUPONS.
Tennessee State coupons
Virginia coupons
| do
consol, coup
l|Memphls City coupons.
90
56
60
12
75
59
55
14, 1874]
November
501
CHRONICLE
THE
NEW YORK LOCAL SECURITIES.
Bank Stock Lilt*
f
Companies.
e
Capital.
Pai Amount
not National.
Insurance Stock List.
^
Dividends.
Periods.
Bid.
Last Paid.
1873
1872
Price.
(Quotations by K. 8. Bailey, broker, 65 Wall street.)
Askd
Net Sub
Capital.
America*...
1CK
101
lot
25
25
25
100
.
5.
Bowery
Broadway
Ball’s Head*.
.
.
..
.
Central
Chatham
Chemical
Citizens’
.
25
.
.
25
*
City..
Commerce
100
10(
.
Continental
Corn Exchange*
.
Currency
100
—
Dry Goods*
100
.
2501)00
1,000,000
J. & J.
350,000
200,000
150,000
J. & J.
J & J
100
100
.
Fourth
Fulton
German American*.
German Exchange...
Germania*
Greenwich*.
.
.
.
.
Grocers
Hanover
Harlem*
’600,000
i
100
100
1
50
100
100
100
50
100
Irving
Loaners’*
Mauufctrers’& Build.
Manhattan*
Manui. & Merchants’
Marine
Market
Mechanics
10)
100
25
50
25
100
50
50
100
Mercantile
Merchants
Merchants’ Ex
Metropolis*
Metropolitan
Murray Hill*
100
100
100
50
Nassau*
National Gallatin....
New York
New York County....
200.000
200,000
200,000
300,000
000,000
’100,000
500,000
500.000
600,000
$<X) (>0i)
4001000
2,050.000
300,000
400,000
1,()00.00C
2,000,000
Ninth
Ninth Warn*.
North America*....
North River*
Oriental*
Pacific*
Park
100
100
50
25
M.&N.
M.&N.
J. & J.
& J
M.&S.
J. & J.
J. & J.
J. & J.
F & A
J.' & J.
F.&A.
J. & J.
J. & J.
J.& J.
J
J. & J.
M.&N.
M.&N.
1,000,000
M.&N.
J. & J.
J. * J.
J. & J.
J. & J.
3.000,0C0
1,000,006
500,000
4.000,000
200,000
500,0G0
500,000
1,500,000
186,900
1,000,000
400 OOP
soo!ooo
10
8
10
8
24
20
10
8
12
36
10
20
3
7
10
16
24
16
10
8
12
100
10
20
8
A. & ().
M.&N.
A.& O.
J.& J.
J. & J.
J.& J.
J. & J.
J. & J.
J. & J.
J.& J.
.) & J
J. & J.
7
20
10
St. Nicholas
Seventh Ward
Second
Shoe and Leather..
St xtii
State ofNew York.
Tenth
Third
10
20
10
8
.
s.
7V
7
12
16
412,500
1,800.000
250,000
2.000,000
1.000,000
300,000
300,000
12
!0
7
1,000,000
100
100
40
50
100
1,000,000
1,000,000
1,000,000
1,500,000
200,000
-
^
*
Nov.2/74.^..5
F.&A.
F.&A.
J. & J.
J.& J.
J.& J.
J. & J.
M.&N.
J. & J.
J. & J.
J. & J.
M.&N.
J. & J.
8
9
6H
10
12
8
8
12
10
4
^
,
Broadway
Brooklyn
Citizens’
200
ioo
140
85
.
.
.....
109
...
.
200
131
ii>5
i
.....
.
•
July 1,74...7
July 1/73...3
May,
8
3
6
10
12
9
8
Aug. 10/74.. 4
Aug.10.74. .4
July 2.’74. ..3
July 1,74...7
July 1/74.. .6
July 1, 74.. .4
Nov.10,74.. 4
Jan.274.2Vg
July l/74;.4g
Tuly 1.74...5
8
12
11
8
1
......
114
120
1
110
112
119
103
I
I
185
I
I
I
......
1C4
126 V
125
205
1
....
......
ioi
•
.
.
•
iobv i
l
1
1
97
S9
.
.....
.....
i39
ios
104
...
.
I
V
......
|
155
r
i 15
106
.
„
July 1. 74.. .4
V.
.
F
F
F
F
S
.
.
F
.
.
8
Standard
and City R.R. Stocks and Bonds.
[Quotations by Charles Otis, 47 Exchange Place, j
Star
Sterling
Stuyvesant
Bid.
ABkd
dividend.
2,000,000
1,200,000
Citizens’Gas Co (Bklyn...
do
certificates.
Harlem
do
certificates...
Mutual,N. Y
Nassau. Brooklyn
1,850,000
F.&A.
J. & J.
J. & J.
M.& S.
J. & J.
scrip....
100
10
People’s (Brooklyn)
do
do
bonds.
Westchester County
2,800,000
750,000
1,000.000
500,000
4,000,000
1,000,000
300,000
400,000
50! 1,000,000
1,000,000
BteecJcer St.dc Fultonl'erry-mock. LUO
1000
1st mortgage—
500
500
E. River—stock 100
1000
1000
1000
C>ney Island dk Brook'n—1st raort
Dry Dock, E. B. dk Battery—stock 100
1st mortgage, cons’d
100
Eighth Avenue—stock
1000
1st mortgage
4Id St. tfc Grand St Berry—stock.. 100
1st mortgage
1000
Grand Street ct Newtown—stock.
20
Central Cross Town—stock.
2d
do
do
3rd
central Pk, N. cfc
'st mortgage
2u
do
r.
.
.
.
..
3d mortgage
Cons. Convertible
Sixth A rg7We-~8tock
1st mortgage
Ihird Arenut—stock
1st mortgage
Iwenty-third Street—stocK..
l«t mortgage
♦This
coui.niAuows
225
160
Q-F.
M.& S.
F. & A.
100.000
164,000
1,161,000
550.000
600,001)
807,000
1,200,000
900.000
1,000,000
203,000
750,000
220,000
last dividend ou
J. & J.
J. & J.
J.&D.
Q-F.
J. & J.
J. & J.
125
4
Jan.,
5
5
Jan., ’73.!
July, *74.
*74,
*
1884
Nov .*74
1872
July, 74
F.&A.
M.&N.
J. & J.
Q-F.
*1888*;
i8«r^
J. & J.
J. & J.
M.&N.
A.&O.
115
97
100
136
188
85
8 ik
98
93
90
100
189
97
100
210,000
200,000
200,000
500.000
71
93
185
100
200.000
200,000
150,000
250,000
250,000
5
Water sto<
do
Croton wa
do
do
do
do
pipes and mains,
reservoir bonds.
Central Park bonds. .1858
do
do
..1853
Dock bonds
1
do
1
72X
do
do
do
c.o
Consolidated bonds
Street imp. stock'
96
155
100
do
do
Nov.Y/74
75
£0
var.
var.
6
5
6
6
7
6
5
6
5
7
6
7
6
7
6
7
6 g.
6
7
1852-67.
6
1869-71
Water loan
do
•5
....1869.
var.
Jersey City:
100
70
60
1863
Improvement stock.... 1869
85x
60
15
io
14
®
* .
.
20
12
18
16
18
10
11
20
20
12
20
12
20
16
•
•
•
•
16
25
io
5
‘20
t
10
12
12
11
12
10
10
16
io
10
10
10
10
14
14
10
10
20
14
16
12
10
10
18
23
11
12
12
12
11
10
8V
16
20
10
10
7
10
18V
4
0
0
2
4
4
10
10
0
0
4
7
7
7
7
Sewerage bon ds
1866-69.
Bergen Donds
1868-69.
Assessment bonds... 1870-71.
12
20
18
20
74..6
74.20
Juy, 74..ft
Tulv, 74. 5
9V Tuly ,74..5
July, 74 5
20
Aug .',74.10
5
July, 74..5
10
Aug., 74..6
6
5
0
3
0
4
L0
July, 74.10
Tuly, 74..5
Aug.5,74.5
July, 74..9
July, 74..5
July, 74. .7
July, 74 .7
Q.-F.
J.&D.
F.&A.
A.&O.
M.&N.
M.&N.
J. & J.
Q—F.
J. & J.
J * J.
Nov,74
1890
Nov. 1/74
1C90
[Quotations by N. T. Bkbbs, Jr.,
55
Brooklyn-Local Improvem’t
City bonds
...
do
Park bonds
Water loan bonds
..
135
...
Bridge bonds...
100
isi*
Water loan.
City bonds
Kings Co. bonds
; mo'
92>i\ 95
stock.«, also date of maturity of bondt.
•
•
•
•
-
« •
•
•
.
* • • •
100
85
....
.
95
•
.
•
.
....
70
190
95
....
.....
102
112
200
150
.
190
’.45
190
140
no
75
80
65
165
92
•
•• •
f.MSC
1(5
85
85
75
T
95
95
»t.
•
105
85
95
140
115
140
125
•
» •
...
.
90
•
•
•
•
•»
•
...
180
profit scrip.
Price
Bid. Ask.
Months Payable.
Feb., May Aug.& Nov.
do
do
do
do
do
do
do
do
May & November.
Feb.,May Aug.&Nov.
do
do
do
do
do
do
May & November.
Feb. .May, Aug.& Nov.
May & November.
<-
do
do
do
do
do
do
do
dc
do
do
do
do
do
do
January & July.
do
do
do
do
do
do
Jan., May, July & Nov.
*
*
90
99
87
do
And interest.
do
100
*
l
tFlat.
7
7
7
7
7
6
6
7
6
87
96
97
’105
97
‘104
99
'101
96
404
96
do
do
do
do
do
do
do
do
ao
do
do
do
May & November.
do
do
98
105
100
102
97
irsv
97
194
35
*96
*96
*96
.
Broker, 2V w all st.]
January & July,
106
100
69
97
93
98
18771899-1902
1872-79
1874-1900
1875-91
91
100
89
105
1870-80
1875-79
1890
1883-90
1884-1911
1884-1900
1907-11
1874-98
1874-95
1871-76
1901
1878
1894-97
1873-75
1876
1889
1879-90
1901
1888
1879-82
1875-60
1881-95
f
t
1915-24
f
1903
+
1915
1902-1905
1881-95
t
1880-88
1975-80
t
•
100
<5
...
74..5
74..5 100
74.10
Aug.,74.10
July, 74.10
14
10
5
•
......
65
AuglO’74.10
July.
July,
Oct.,
July
July,
•
M)
160
170
180
90
185
155
70
t
J. & J.
Feb. "74
1877
1876
1885
1888
• a * •
80
.
10
8k
92
135
155
145
106
tO
fO
150
82
100
90
175
110 •
80
170
.
.
.
-
75
104
70
94
70
100
97
.
....
327,564 io
t
SU
90
105
•
,
.
ii
* *
......
....
10
15
»
10
10
20
105
225
•
•
10
10
20
10
16
•
18
10
10
14
•
16
*
10
40
20
98,874
59,418 5
io
8*
.
•
10
58,082
147,715
85,438
77,573
85,087
260.705
74.470
18,336
87,540
26,101
187,086
190,248
46,589
250.706
176,013
11,840
•
6
20
9V
10
22.533
•
10
5
5
*
57,210 10
4,520
216,767
158,628
AuglO 74.1i
.July, 74.1C
•
July, 74. ft
July, 74. .5
July, 74.. 5
July, 74. .5
7k July,74...5
5
July, 74..7
July,74. .t
10
Sept/74,.. 5
10
July. 74.10
20
Juiy, 74.10
10
Jniy, 74..5
July, 74..5
10
July, 74..5
15
July, 74..►
July, 74..5
10
July, 74..5
Julv, 74. .5
20
July, ’74.10
10
July, 74..5
5
July, 74..5
7
July, 74.10
4
.July. 74..5
20
July, 74.19
20
July, 74.10
July, *74..5
20
July. 74.10
io
244,672
128,827
•
.
8 V 10
10
10
88,285
66,279
32,808
43,447
181,409
62,186
July,74.8V
.
,
•
15
io
47.779
150,000
200,000
200,000
n
20
10
.
f
9,980 5
62,187 12
131,879
184,417
New York:
152*
1878
38,829
238,989
Rate
95
94
187,544
215
210
135
155
125
80
70
105
104
215
105
70
Bondsdue.
190
102
63
85
n
20
10
16
10
80,690
217,374
24,653
112,555
iso
July. 74.21
•
•
ioo
210
70
July, 74..5
10
10
July, 74..5 105
5
10
75
Aug., 74.. 5
4
87
July, 74..5
10
10
July, 74..5 105
12 V 12V Ju)y/74.7V 120
28
24
July, 74.25 250
8k
July,’74..5 78
20
17V
July/74..10 ISO
.
io
200,000
150,000
150,000
200,000
200,000
20
20
7
14
10
•
10
15,645 10
96,107
183,209
11,631
57,883
15,799
165,316
July. 74. 8
Aug., 74.1C
,
.
.
10
July, 74..S
5
10
July, 74..5
5
11
July, 74..6
8 k 8V July,74...5
20
20
Oct., 74.15
10
10
Ju'y, 74 .!
10
10
July, 74..3
7
July, 74..5
5
5
July, 74..1
188,248
257,122 io
111,467 10
256,684 16
200,000
300,000
200,000
.
10
10
10
20
20
10
10
10
350,000
200,000
1,000,000
.
13
20
....
74,204 20
21,755
70,493 10
95
200
15
20
13
Interest.
70
72
Nov.,’74
July *70
200,000
86,766
*i47*
July, 74. .5
Juiy, 74..7
July.’74. .5
July, 74..5
July, 74..!
14
10
5
1SV
227,.132 83*
193.994 14* 14X 20
17
14
98,640 14
20,349 10
27,093 11
50,131 10
137,974 18
891,016 20
69,113 10
86,872 4
67
80
145
:02
77
July. 74.. 5
[Quotations by Geo. K. Sistark.]
1882
1890
1877
July ,’74
200,000
224,865
Ask
June,74.It
.
i6
20
Bid.
City Securities,
1834
1885
J.&D
35
100
100
50
25
25
100
20
50
50
50
100
100
25
100
25
50
100
100
25
25
25
50
17
12
10
3V
liabilities, including re-lnsurance, capital and
Over all
128
91
90
1880
July, 74
10,462
214,850
250*
88
10s. Nov. 1, ’73
7
5
NOV. 1 *74.
200,000
200,000
153,000
800,000
10
5
14
6
10
48,768
318,257 20
128
Sept 22/74
*
J. & J.
A.& O.
A.& O.
J. & J.
170.000
500,000
200,000
797,000
167,000
800,000
850,000
200,000
150,000
315,000
750,000
250,000
2,000,000
1000! 2,000,000
100
600,000
1100
120.000
100
1000
50
1000
10.0
1000
1000
100
touo
100
J. & J.
J. & J.
5
Aug., '74.
July. ’74.
Mch., *74.
you.uuo
694,000
Broadway A Seventh Are—stock. 100 2,100,000
1000 1,600,000
1st mortgage...
:o 2,000,000
Brooklyti City—stock
1st mortgage
1000
300,000
100
200,0C0
Broadway (Brooklyn)—Btock
400,000
Brooklyn tfc Hunter's Pt—stock... :oo
1000
1st mortgage bonds
800,000
Atlantic Av , Brooklyn— 1st inort. 500
115,000
1 st mortgage
ftinth Avenue—stock
1st mortgage—
Second Aven ne—stock
1st mortgage
2d mortgage
M.&N.
50
serin
220
5 000,000
386,000
4,000,000
7
4
July 21,’7l
Tradesmen’s
United States
Williamsburg City.
2k Oct. 15/74
A. & O.
100
25
Metropolitan.
do
Q-J.
300.000
Manhattan
Williamsburg
5
50
20
50
100
Jersey City & Hoboken....
do
New York
Q-F.
...
£
p
Gas
Brooklyn Gas Light Co
Y. Equitable....
York Fire
Y. & ionkers..
:w
18
12
10
250.000
37*
J
134
Last
B
^
J
J
140
111
STov 2,74...5
Par Amount. Periods.
I
J
B
.....
......
Jan., 73. .3
July 1,74 ..4
•Tilly I, *74.3 V
July;, 74..
Nov.2 74...8
July 1,74...6
July 1/74...5
July 1/74.3V
sk Julyl5/74.3V
132
186
73...5
July 1, 74...4
•••
•
15,285 10
6,598
200.533
45,287
15,193
80
200,000
50
200,000
17
204,000
10
150,000
10
150,000
100
200,000
100 1,000,000
50
500,000
50
200,000
25
200,000
100
200,000
15
150,000
50
400,000
50
200,000
100 2,500,000
25
150,000
r 00,000
50
50
200,000
50
200,000
30
200,010
20
150,000
40
280,000
50
150,000
100
200,000
25
150,000
50
200,000
25
800,000
100
2 0,000
100
250,000
25
200,000
50
150,000
50
200,000
50
200,000
.c0
800,000
50
150,000
50
200,000
.
187( 1871 1871! 187S Last Paid
200,000
800,000
100
87
......
.
400.000
200,000
210,000
250,000
300,000
200,000
50
200,000
100 1,000,000
40
800,000
City
Clinton
......
200,000
50
Brewers’ & M’lst’rs
......
200,000
100
25
50
25
190
25
17
20
70
:oo
30
100
Bowery
.
120
Nov. 2/74,..4
Oct. 1, 74. .4
Nov.10/74. .4
Oct. 10.74...4
July 1, 74...5
A£tna
American
American Exch’e.
Arctic
Atlantic
159
....
25
100
Adriatic........
-
118
91
July t, 74...4
July 1,74...4
July 1,74..4
July 6,74...5
*
i-
100M
301
July 1,74...5
Nov.2,74.,3*
10
4
8
8
10
14
6
5
8
3
8
7
12
12
12
10
7
9
Q-F.
v
Aug.10/74. .5
Jan. 10/78... 4
July:, 74...5
July 1,74... 5
6
5
J. & J.
J. & J.
J. & J.
•
July 10/74.. .4
8
10
15
7
100
137
1500
*
Ffih.ia ’74 RKt
10
10
8
8
Par Amount
290
July 1,74...5
July 1/74...6
12
10
10
8
......
155
ll;v
*
July 1,74... 7
4
10
148
111
Sept.lO/74.i4
«
11
8
12
7
10
10
......
422.700
£00 2,000,000
Union
West Side*
10
8
4
12
8
12
7
10
10
8
12
’.0
10
8
10
10
8
6
2,000,000
200 000
Tradesmen’s
7
14
15
9
8
25
20
100
100
:oo
100
100
100
Republic
8
8
7
14
20
8
10
8
50
Peoples*
10
12
7
6V
101)
Phenix
Produce*
July 1,*74...5
Nov.2,*74.. J
July 1. ’74..6
July 1, *74..12
Oct., '73.. J
July 1, ’74...{
July 1,*74.. .4
July 1, ’74...5
Sept.1/74..15
July 1, ’74.. .5
Nov.i, *74...5
July 6. *74. .-4
July 1. *74...4
Aug. 1,74. ..5
July 1, ’74„.4
JulvlO/73.3V
July 1,’74...4
July 1, 74.3V
Oct. 1, ’74.2 V
Oct, 1. 74...3
July 1, ’74.. 4
Nov.2, ’74..-5
Feb. 1, ’74...3
May 1, ’74...7
May, 1/74.. 10
May 1/74.. 10
July 1, 74...5
J illy 1. ’7-44
M.&N.
500,000
600,000
1,000,000
1,500,000
100 3,000,000
100
200,000
100
100
Q-J.
J. & J.
M.&N.
F.& A.
000,000
2000,000
100
.
Q-J.
500.000
K
30
100
100
100
25
40
.
Q-J.
J. & J.
2,000,000 J. & J.
450,000 J. & J.
300,000 ev.2 mos
600,000 J. & J.
1,000,000 M.&N.
10,000.000 J. & J.
1,500,000 J. & J.
1,000 000 F.&A.
100 000
J. & J
Eleventh Ward*
.
M.&N.
J. & J.
J. & J.
1,000,000
300,000
800,000
East River
Fifth
First
J. & J.
3,000.000
5.000,000
Jan. 1,
1874.“
Pbicx.
Dividends.
plus,
Companies.
86
THE
502
[November 14,1874,
CHRONICLE.
cumulative, and to be used by the
not, at his option.
AND
4
Judge Dillon overruled the demurrer, and remarked :
1. The authority in the deed of trust to the trustee, on default of payment of
interest, and upon the written request of a majority of the bondholders to take
STATE, CITY AND CORPORATION FINANCES.
possession of the road, to operate it and receive its income, and on three
months’ notice to sell the same, and divide the proceeds of the Bale pro rata
among the bondholders, is a cumulative remedy for the benefit of the mortgage
Gr* EXPLANATION OF STOCK AND BOND TABLES.
creditors, and does not exclude their right to resort to the judicial tribunals for
1
Price* of the mo«t Active Stocks and Bonds are given in the “ Banka foreclosure.
Especially is this so, as the laws of the State of Iowa forbid
er*1 Gazette,” previously.
Full quotations of all other securities will be sales under powers of this character by proceedings out of court.
found on preceding pages.
2. Provisions in an instrument of this character limiting the right of a mort- 2. Government Securities, with full information in regard to each
gage creditor to resort to a court of chancery to foreclose his security are not
to be extended beyond the fair meaning of the language used; and It is our
ssue, the periods of interest payment, size or denomination of bonds, and
numerous other details, are given in the U. S. Debt statement published in
opinion that there is no restriction, in the deed of trust before us, uoon the
The Chronicle on the first of each month.
right of the coupon holder to foreclose for interest upon default, although
3. City Bonds, and Bank, Insurance, City Railroad and a majority of the bondholders do not unite in the suit, or request the trustees to
Gas Stocks, with quotations, will usually be published the first three bring it. The provision in question gives a majority of the bondholders, on
weeks of each month, on the page immediately preceding this.
default of the payment of interest, the option or election, after the expiration
4. Tlie Complete Tables of State Securities, City Securi¬ of a year from the default, to have the whole principal sum become due at once,
ties, and Railroad and miscellaneous Stocks and Bonds and the mortgage security enforced accordingly. This is not inconsistent with
will be regularly published on the last Saturday in each month.
The publi¬ the unabridged right of any coupon holder to foreclose for interest, in the
cation of these tables, occupying fourteen pages, requires the issue of a manner sought in the present bill, and it was not necessary that a majority of
the coupon-holders should unite in bringing the bill, or m a request to the
1 regular subscribers
^16111601, which is of The Chronicle.
trustee to bring it.
3. As the bill alleges that the trustee refused to bring suit, the bill was
Missouri State Bonds.—Tlie Hannibal & St. Joseph Railroad properly brought in the name of the plaintiffs, for themselves and the other
coupon-holders, making the trustee a defendant.
Company gives notice that the bonds of the State of Missouri
4. If the plaintiffs elect to dismiss the bill as to the trustee, we will allow the
known as the Hannibal & St. Joseph Railroad State Bonds, trustee to become a party plaintiff, and to file a bill for the benefit of all the
but it would be anomalous to have the
maturing as follows, will be redeemed at their office at par and bondholders; and plaintiff in the same proceeding. trustee on the record both
as defendant
held these conditions to be
Investments
mortgagee or
•
neatly stitched in with the usual edition and furnished
the accrued interest upon
presentation
:
One hundred thousand
(100,000), due April 4, 1875. Two hundred thousand (200,000,
June 8, 1875. One hundred and thirty thousand (130,000),
Sept. 24, 1875. John P. Acker, Treasurer.
due
due
Chicago & Canada
Southern.—The Chicago Times has
the
promising road—surveyed and partially com¬
to shorten the distance between Chicago and Buffalo,
following: “ This
pleted,
so as
50 miles—which has been in a semi-paralyzed
since the panic of 1873, now gives evidences of
condition
conference between the Governor
remarkable vitality.
and Treasurer of the State and holders of Virginia bonds was held
A proposition submitted by Cyrus W. Field to the Canada Southern
in Richmond, Nov. 10. The meeting was secret, but the injunc¬
tion ot secresy was removed after the adjournment so far as the directory has been conditionally accepted—Mr. Field, on his part,
conclusions of the committe of ^bondholders were concerned. Tlie guaranteeing $3,500,000 cash as the estimated cost ol the exten¬
sion from Fayette to Chicago (180 miles).
Mr. Field will probably
Associated Press dispatches report: “ The committee express the
be associated with A. Lawrence Hopkins, at one time an active
opinion that notwithstanding the reduced and impoverished con¬
vice-president of the Illinois Central. Both these gentlemen are
dition of Virginia, as cited by the Governor, that taxation suffi¬
well known in English stock speculating circles, and ns the Canada
cient to pay the necessary expenses of the State Government, in¬
Southern has an English colonial charter—with all its guaran¬
cluding the proper maintenance of the public schools, and the tees to stockholders—there is not the slightest doubt but that the
payment of four per cent, interest per annum on the funded debt,
Mr. Field has asked until December 25th.
and two thirds ot the unfunded debt can be levied without serious money will be raised.
in which to complete his negotiations.”
inconvenience to the people of the State ; that to secure this end
Chicago Milwaukee & St. Paul.—The Milwaukee & St. Paul
arrangement may be effected by which the larger number of
holders of bonds can be induced to surrender the tax-receivable Railway Company issued a circular, dated New York, Oct. 23, to
the holders of the first mortgage on the Lacrosse & Milwaukee
coupons as they fall due, and receive the two per cent, payable
the debt semi-annually.
They believe this can be largely Railway (Eastern Division). This mortgage, which has just
effected by legislation providing for the prompt payment of 4 per fallen due, amounts to about $900,000, and the Milwaukee & St.
Paul Company ask for an extension of ten years.
cent, interest, as it falls due at points accessible and convenient
to the bondholders.
This will result in retiring 75 or 80 per cent,
Erie.—A meeting of the directors of the Erie Railway Com¬
of the last receivable coupons, and the payment of the four per pany was held Thursday, ex-Gov. E. D. Morgan presiding in the
cent, interest, and that only the coupons from the bonds held in
absence of President Jewett, at Baltimore.
The Treasurer re¬
Virginia will be used in the payment of taxes. The Committee ported that the total unsecured floating debt up to Nov. 1 was
have had brought to their attention a proposition from responsi¬
$1,343,731 54 only, and that there was in cash in hand over
ble financial agents, who offer on the enactment of appropriate $1,000,000, leaving the unsecured floating debt, ii|this money were
legislation to take the new loan of the State equal to the debt as applied to its extinguishment, not over $350,000.
it at present stands, admitted by her, and to retire tbe old debt
Fort Wayne Muncie & Cincinnati.—Judge Kilebey of the
and surrender it in exchange for tliesfe new bouds, tbe latter to
Wayne County Circuit Court, ou the 11th, appointed Joseph Kin¬
bear interest at the rate of five per cent for ten years, and four
sey of Cincinnati and James E. Reeves of Richmond, led., Re¬
per cent for twenty years, payable in London, semi-annually, in ceivers of the Fort Wayne Mancie & Cincinnati Railroad, and the
gold ; the Sinking Fund also to be provided for ; the payment of receivers have taken possession, appointing Joseph W. Sherwood
the interest and the Sinking Fund to be secured by appropriate
Superintendent. The attorneys of the road have filed a motion
legislation in the form of a contract.
to set aside the order appointing receivers, and a hearing is set
The committee consider this proposition eminently to the ad¬
down for next Wednesday.
vantage of the State and tbe bondholders, and recommend, if
Franklin Telegraph Company.—A meeting of the stock¬
such an arrangement can be made, it be carried out. They also
holders of the Franklin Telegraph Company was held lately in
recommend the adoption of the following resolution :
Bostou. The proceedings were not wholly harmonious, and con¬
Resolved, That the State ought to provide, by appropriate legislation, for
permanently setting apart a specific portion for the prompt payment of the siderable feeling was manifested at what was claimed to be an
two per cent of it* accruing revenues, interest semi-annually at London, New
unfair action on the part of certain persons connected with the
York and Baltimore, and the Treasury of the State, and the issue of certifi¬
Atlantic & Pacific Telegraph Company.
That line, however,
cates *or the unpaid interest payable at the pleasure of the State at any time
within ten years, and if not paid within ten years, then such certificate ought holding the majority of the stock, voted to lease the Franklin line
to he fundable In four percent bonds.
to itself lor $25,000 a year.
Resolved, That the Stale ought to resume payment of the fnil six per cent
After some further discussion Mr. J. F. Greenough moved that
interest at the earliest practicable moment.
the president and directors be authorized to lease the lines at a
Boston & Albany.—The anuual report of the directors just rental of not less than $40,000 for ninety-nine yea^s.
made shows the following figures for the year ending September
Mr. E. H. Rollins moved the following resolution as a sub¬
•
over
Virginia Finances.—The
an
on
30, 1874:
$3,015,876
5.283,599
Receipts from passengers
Freight
Mails and other sources
664,151
$8,963,127
Total
Expenses
Net income
Interest
Ten per cent dividend
For North Adams Branch
For Ware River
road
$341,554
1,986,410
27,000
375,000
Surplus
not
Add total at
lows
$22,452
10,442
32,844
apply to sinking fund......
divided
beginning of year.
Total
8,263,399
..
$3,296,795
suit of Charles Alexander and others
against the Central Railroad Company of Iowa, brought in the
Circuit Court of the United States, Judge Dillon presiding, the
This suit was
demurrer of the defendants was overruled Oct. 14.
brought by a minority of the bondholders of the above named
road, asking for themselves and all others a foreclosure of the
mortgage, in consequence of the neglect or inability of the com¬
pany to meet their coupon interest. The demurrer rested on the
fact that the conditions of the mortgage required the trustees to
move at the request of a majority of the bondholders.
The court
Central of Iowa.—In the
Resolved, That W. J. Syms
is hereby authorized and instructed, as Presi¬
to lease its lines, franchise and all
dent of the Franklin Telegraph Company,
other property of the company
what are-called supplies now on hand,
belonging to its proper organization, except
to the Atlantic & Pacific Telegraph
Company, for the term of ninety-nine years, at a yearly rental of not less than
6,548,211 $25,000,, payable semi-annually.
$2,414,916
A stock vote was taken on the amendment, resulting as fol¬
$2,392,464
Surplus
To
stitute:
:
8,618
5,976
Whole number of votes
For the amendment
Against the amendment
Of the votes for the amendment 5,100 were
& Pacific Company, represented by a trustee.
The President declared it was
amendment was adopted.
2.672
cast by the Atlantic
his duty to announce that the
Grand Trunk.—The report of this company for
ending June 30, gives the following figures :
the half-year
1874.
earnings, including Buffalo
Working expenses and renewals
Gross
Net
and Champlain lines.. .£1,098,561
earnings
;
American currency
Deduct loss on
Balance
!
cent in 1873.
£226.559
9,019
£217,540
£898,700
721,650
£177,050
9,903
£167,147
77.54 per cent this year and 80.30
The gross earnings in 1874 were $3,899 Ameri-
The working expenses were
per
782,00 2
1873.
November
THE
14, 1874.]
503
mile, and the net earnings $876 per. mile. The at Auburn Station^ such permission has been granted^ and
earnings is £109,861, or 12.22 per cent.; in ex¬ arrangements entered into by which, on completioif of said road,
penses, £60,352, or 8.36 per cent.; and in net earnings, £49,509, this company will stock and run it for one year at actual cost,
or 27.96 per cent.
including wear and tear, deficiency in receipts to be made good
To the sum of £217,540, net earnings, must be added the bal¬
by said Warwick Railroad Company.
The Wood River Branch Railroad, in which this company has
ance from the net revenue account of last half-year of £241,
making a total of £217,781; from this, however, has to be deduct¬ an interest, was put in operation about July 1, 1874. The New
ed the postal and military revenue due for the half-year to the York Providence & Boston Railroad Company is informed that
postal bondholders, £16,209, which leaves £201,572 applicable to the business has fully equalled the expectations of its projectors,
and that the prospects for the future are encouraging.
the following payments:
currency per
increase in gross
can
Interest on hired cars
*
£10,007
Interest on land mortgages, temporary loans, Bank of Upper Canada,
Montreal Seminary ana Island Pond debentures, Portland sinking
fund, etc
13,868
Atlantic & St. Lawrence rental
48,621
Detroit line rental
11,251
Montreal & Champlain interest
12,081
Buffalo & Lake Huron rental
82,500
Equipment bonds interest
a
:
balance available for dividend for the half
62 50 miles.
125
“
63*75 miles.
50'(k) “
Sidings and other tracks
Total
7*00
..
equivalent single track owned
“
12075 miles.
Gauge, 4 feet 8)4 inches. Weight of rail—iron 60 and steel 64 lbs. to the yard.
Equipbient—Locomotive engines, 24. Cars—Passenger, 25; baggage, mail and
£158,328
year
EQUIPMENT.
Total length of road owned
Second track (Providence to Stonington)
30,000
Total.....
leaving
ROAD AND
Main Line--Providence, R. I„ to New London, Conn
Branch to Providence River (City of Providence)
express, 8; merchandise, 222:
The company also owns part
& Boston lines.
of
£43,244 1s. 4d., out of which the directors paid on the 1st of Sep¬
tember last
and gravel and other, 16. Total of all cars, 271.
of 19 passenger and 8 baggage cars on New York
a dividend on the first preference stock for the half
OPERATIONS AND FISCAL RESULTS.
ending June 30 at the rate of 2£ per cent per annum, absorb¬ Train
Mileage—Passenger and freight trains. 471,415; construction trains,
ing £40,226 17s. 6d., and leaving a balance of £3,017 3s. lOd
15,015—total, 486,430. Cost of fuel per mile, 14 cents.
Comparing this half year with the corresponding period of 1873, Passenger Traffic—Passengers carried, through 166,374, local 371,644, and com¬
muters 99,742; total, 687,760.
the increase in passenger receipts was £19,291, or 6.59 per cent.,
and local 64,160; total, 254,110.
and in the freight receipts £83,703, or 13.86 per cent.
The total Freight Traffic-Tons carried, through 189,950, and local $216,94271),$457,936 24;
Gross Eamlngs-P&ssencer (through $240,90.3*53
number of passengers carried was 903,425 against 761,741, and
freight (through $2 51,327 93 ana local $137,840*99), $369,168 92: mail, $9,243 75;
rents (balance), $9,967 95; gas, $1,640 72; dredging, $2, >16,34; interest account,
the quantity of freight was 908,750 against 772,572 tons.
The
$14,07194; and dividend Stonington Steamboat Co., $82,984 10; total,
average receipt per passenger was 6s. Id. against 6s. 9d., and per
$947,359 8:.
ton of freight 15s. l|d. against 15s. 74d.
Excluding the renew¬ Operating Expenses—Way, engines, cars and transportation, $513,567 72; ferry, $21,905 42; taxes, $23,987 13; and insurance, $4,263 01.
als, the ordinary working expenses were 72.78 per cent against
Total (.being 59*5 per cent or' gross earnings)
663,723 28
73.21 per cent.
The amount charged to capital account for the
half year is £166 990, the details of which are given in the ac¬ Net
Earnings over operating expenses
$383,636 58
counts.
This amount includes £87,328 charged in respect of Interest paid on all classes of bonds
$82,700
Dividends paid
231,090 - 313,790 00
steel rails and renewal of bridges for the half year.
The receipts
in American
currency during the half year amounted to $3,629,Surplus
$69,846 68
352 against $2,974,856, of which $496,682 was converted into
Construction Account.
$10,251 80
engines
gold, against $551,800 ; entailing a loss of £9,019, against £9,90cl New cars
New
11,251 20
for the corresponding period of 1873.
Second track
288,439 00
year
...
Budges
Monticello & Port Jervis.—In the suit of the Union Trust
Company of New York against the Monticello & Port Jervis
Railway Company and others, the stockholders of the first mort¬
gage bonds are requested to produce the same before Henry I.
Cullen, referee, at his office, No. 194 Broadway, New York, on or
before the 25th day of November.
New York Providence & Boston Railroad.—
The receipts of this company during the year ending
August 31, 1874, were about $14,000 larger than the
previous year, notwithstanding the depressed state of busi
ness
generally since the panic of September, 1873.
The
net earnings
also show a slight increase—a little over
$300. The increase of capital stock, of which 20 per cent, was
called in j ust before the close of the last fiscal year, was com
pleted in October, 1873, excepting 720 shares which were disposed
of by public auction in April, at 125, and the premium obtained,
amounting to $18,000, was divided pro rata among the parties
entitled thereto.
The company holds $173,000 of the 7 per cent,
bonds of the issue of 1869. Of this amount $76,000 will be held
to retire the 6 per cent, bonds due in 1878, and the balance will
be available for future improvements.
The value of fuel and
materials is $110,648, being $31,737 in excess of the preceding
year.
The
second
track
has
been
completed from Kingston to
Stonington, and on July 1st trains commenced running over it for
the entire distance of fifty miles, between the latter place and
Providence, adding very materially to the regularity of its trains
and to the capacity of the road for both passenger and freight
business. This has involved the rebuilding of eight bridges where
the road crosses the Pawcatuck River, between Kingston and
Westerly, the original bridges having been built for a single
track only.
In addition to this expensive work, eight highway
and four single truss bridges have been built, and three more
highway bridges extensively repaired. With the exception of
the one at Apponaug, which will require two new trusses, almost
every bridge for the entire length of the road has been rebuilt
during the past two years. The cost of the work, when done to
accommodate the old track, has been charged to repairs ; but
when done for the second track, it has been charged to construc¬
account.
The completion of the second track has also made
23,078 76
Other
2.071 59
Total
$335,092 85
BALANCE SHEET OF RECEIPTS AND EXPENDITURES.
Receipts.
Balance cash assets from last annual report
..
Receipts
947,359
50,000
452,140
2,139
Bonds sold on account of construction
Stockholders for new stock
Premiums received on new stock
Total
$29,066 07
86
00
00
50
$1,480,705 43
receipts
Disbursements.
Expenses, dividends and interest
$877,513
.
Extra expenses (Richmond switch accident)
Construction account
Bonds of 1873, due and paid
Wood River Railroad stock
Bal»nee cash assets carried to new account—
1,410
335,092
7,000
20,000
Cash in Stonington
00
00
$26,610 31
Dae
Due
Due
Due
77
35
32,000 00
161,194 98
connecting roads
from Stonington steamboat Company
from
from Post-Office Department
from M.
3,462 88
16,421 36—
Morgan’s Sons
Total disbursements
239,689 03
$1,480,705 43
FINANCIAL CONDITION AT CL08E OF YEAR
(AUG. 31, 1874).
Capital stock
Funded debt
Total s‘ock and debt
COMPARATIVE STATEMENT FOR FOUR YEARS.
Road and Equipment.
1870-71.
1871-72.
62 50
63 75
Miles of road owned
68'50
89 50
Total equivalent single track
20
Locomotives
19
27
28
Passenger train cars
181
207
Fr’ght and constr’n train cars
-
1872-73.
63*75
98*25
1873-74.
22
30
24
33
229
238
Operations and Fiscal Results.
Train mileage
452,147
441,495
614,211
Passengers carried
545,619
656,551
Tons or freight moved
210.077
229,677
247,754
$
$
$
3°4,017
480,696 17
445,891 12
Passenger earnings
355.077 40
342,539 25
298,394
Freight earnings
Miscellaneous
14,873 73
15,966
21,333 22
..
tion
Total earnings
098,377
809,763 59
850,647 80
63*75
120 75
486,480
637,760
254,110
$
457,936 24
369,168 92
37,270 70
864,375 86
another point or rebuild¬ Dividend Stoningion 8. B. Co
114,103
77,797 50
82,984 00
82,984 00
8,266
23,459 65
ing of the station houses and platforms, all of which have been Other receipts
completed except sit, Kingston. At this point, owing to the dif¬
Total
820,748
983,631 30
947,859 86
911,020 74
ficulty of procuring the necessary land in the neighborhood of the Operating receipts
428,268
509,106 65
550,311 35
563,723 28
expenses—
old station, authority was obtained from the General Assembly
Nit earnings
401,914 09
to move the depot about three-quarters
892,478
383,319 95
383,636 58
of a mile farther south,
1872-73.
1873-74.
Disbursed as follows:
1870-71.
1871-72.
where several acres of land have been conveyed to the company
8*2.735 00
Interest on funded
67,195
82,700 00
77,056 13
at a nominal cost.
The necessary roads leading to the station Dividends on stockdebt
169.866 00
190.090 00
15",992
231,190 00
have been laid out by the proper authorities, and on the com¬ Surplus to income account.... 174,291
110,494 95
69,846 58
154,991 96
pletion of the new station houses (to be immediately commenced)
Total
383,319 95
401,914 09
383,636 58
892,478
it is believed by the company a
village will rapidly spring up,
Financial Condition at Close of Each Year.
thus adding largely to the business of the road and to the interests
1,887,400 1,887,400 00 2,047,860 00 2,500,000 00
Capital stock
of the community
Funded debt
generally.
1,099,000 1,214,000 00 1,210,000 00 1,238,000 00
The policy of running short local trains out of Providence,
2,986,400 3,101,400 00 3,257,860 00 8,753,000 00
inaugurated two years since, lias been continued, and the number Old Total stock and debt
construction
2,568,000 2,5€8,000 00 2,568,000 00 2,568,000 00
of trains increased the
past year. The company expects that New construction
276,059 29
289,157 66
835,092 35
within a very few years the receipts from this daily travel will
No regular statement of financial condition is published beyond
form a largo and constantly-increasing source of revenue.
Stock and Bond Accounts,” as above, and the “Construction
The Warwick Railroad Company having made application to
this company foi* perthission to make a connection with its track Account,” as closed ten or twelve years ago. New construction
necessary, in some cases, the removal to
......
“
n
[November 14, 1874.
CHRONICLE
504
applied to that account from year to year. The
have had no floating debt during the years covered by
is the increase
company
the above statement.
DIRECTORS AND OFFICERS FOR
Samuel D. Babcock.. .New York
City.
Henry Morgan
New York City.
William F Cary, Jr—New York City.
J. Boorman Johnston.New York City.
D. S. Babcock
New York City.
New York City.
George M. Miller
1874-75.
Hex
jnry Howard
Coventry, R. 1.
ChatTH. Salesbury.. .Providence, R. I.
las
Nathan F. Dixon
Westerly, R. I.
John A. Burnham
Boston, Mass,
and
A. S. Mathews
Stonington, Ct.
the regular first-class fare be charged. Baggage coming from Japan, China and
gni
India Is excluded from this rule.
Fourthr-Tbe discontinuance of allowing steamship companies to sell tickets
below the regular rates.
The managers who have subscribed to these rules bind themselves that any
employe violating them should be immediately discharged.
-A conference of
prominent railroad officials was held
Baltimore, Nov. 12.
Among those present were President
John W. Garrett, and Vice-president King of the Balti¬
more and Ohio; Commodore Vanderbilt and William H. Van¬
derbilt, President Jewett and Vice-president Blanchard of Erie;
President, Samuel D. Babcock, New York City; Vice-President, D. S. Babcock.
President Scott and Vice-president Cassatt ot the Pennsylvania
New York City; Superintendent, Engineer and Purchasing Agent, A. S.
Mathews, Stonington, Ct.: Assistant Superintendent and Freight Agent, J. B.
Central; and President C. W. Chapin of the Boston and Albany.
Gardiner, Providence, R. I.; Treasurer* Henry Morgan, Ndw York City; Secre¬
A proposal to the Baltimore and Ohio road to become a party to
tary and Ticket Agent, F. B. Noyes, Stonington, Ct.
the Saratoga contract was declined, but that road, in conjunction
General Offices
Stonington, Ct.
with the others, agreed'to abolish all commissions on tickets and
Fiscal and Transfer Agency
M. Morgan’s Sons, New York City.
drawbacks on freights. It was urged by the Baltimore and Ohio
Oil Creek & Allegheny River.—At the meeting of the bond¬ management that the first step in the direction of complete reform
holders of the Oil Creek and Allegheny Railroad in Philadelphia, was to abolish the fast freight lines now in use on three Northern
November 12, the report of the Committee was read, stating that
trunk lines, namely, the Pennsylvania, Erie, and New York Cen¬
they are satisfied that there are no present or prospective receipts tral. It was claimed that under this system independent organ¬
that can be applied to the payment of overdue coupons. ,Under izations are enabled to clear
large profits which by right belong
these circumstances, they recommend to the bondholders that to railroad companies.
they should take action according to the terms of the mortgage,
Southern Maryland.—It is stated that the Southern Maryland
and request the trustees to foreclose the same and sell out the
Railroad Company and it creditors have adjusted their difficulties,
mortgaged premises and submit a form of request for the sale for the President of the road
agreeing to deposit bonds of the com¬
signature by at least one-fourth in value of the holders of out¬
pany to secure ail claims upon it until such times as negotiations
standing bonds.
They also submit an agreement providing that
This road is
the mortgages shall be foreclosed by the bondholders, and that a for the completion of the road' are completed.
new corporation shall be created in which the
bondholders, stock¬ designed to run from Washington down the peninsula between
holders and creditors shall have an interest. By this means, it is the Potomac and Patuxent rivers.
Toledo Peoria & Nassau.—It was reported that there was
expected that all, eventually, will realize on their claims against
the Company.
trouble in the management and operation of this railroad, which
Pacific of Missouri.—The important case of this road before has resulted in the abandonment of the Iowa division of the road
and the removal of the
the United States Supreme Court has just been argued.
This Central Railroad has beenrolling stock into Illinois. The Illinois
running the road as agent of the trus¬
case, it will be remembered, is an injunction suit brought by the
bondholders of the Missouri Pacific road to enjoin the Governor tees, and the trustees having been informed that the Iowa divi¬
of the State from making a s*le of the Missouri Pacific road sion was not paying expenses, directed the Illinois Central Com¬
Donbts
under the statutory lien of the State for moneys loaned the road pany to move the rolling stock and cease to operate it.
to aid its construction.
The road claims a release from this lien as .to the correctness ot the assertion of the Illinois Railroad
officials, that the road was not paying expenses, have been
of the State under the provisions of the Act of 1868, which pro¬
vided that in consideration of $5,000,000 the State’s lien, then expressed by some of the friends of the Warsaw road.
amounting to $10,500,000, should be released. It is claimed on
Vermont & Canada.—The annual meeting of the stockholders
the part of the State that this act was unconstitutional and for¬
in the Vermont & Canada Railroad Company was held at Bellows
bidden by the fifteenth section of the 11th Article, which provides Falls, Oct. 15.
Few stockholders were present, and little inter¬
“that the general assembly shall have no power to release the
est was manifested.
It was expected that the final ratification of
in
lien of the State upon any railroad for any purpose whatever.’
When the road was about to be advertised, the bondholders ob
tained from Judge Dillon an injunction restraining the enforce¬
ment of the lien claim.
The case came up for hearing before the
United Stales Circuit Court at Jefferson City, in the Fall of 1873,
when a j udgment pro forma was entered, making perpetual the
the contract with the Central Vermont would have been reported
and the exchange papers presented, but owing to a desire on the
part of the Central Vermont to obtain consent of the Court of
Chancery in the matter, there was a postponement of the final
settlement.
The old board of directors, with the exception of
Mr. Hoyt, who declined a re-election, was re-elected.
Mr. Hoyt’s
injunction. From this decision an appeal was taken by the State, place was filled bo Mr. William Mixter. The following was
and the question is now to be passed upon by the court of last
passed:
It is paid that the decision in this case will virtually de¬
resort.
Voted—That the persons who shall he this day elected trustees of this com¬
cide a similar claim of the State against the North Missouri,
pany he constituted a committee for the purpose of receiving and holding the
shares in this corporation which may be assigned to them in trust for the hold¬
amounting to some $600,000.
ers of the bonds of the Central Vermont Railroad Company for the purpose of
Pennsylvania.—To prevent any more frauds like those protecting their interests and the protection of any rights which may accrue
recently discovered in the alteration of stock certificates, this under the conveyance, and that the sum of $15,000 be appropriated out of the
aftrst money received, for paying future incidental expenses.
company has adopted a new system, to take effect on and after
November 16, 1874. The main features are:
Mr. Wells explained the vote by saying that the stockholders
now held certificates of stock, which they were to exchange for
1. All certificates shall have the number of shares thereby
represented engraved in letter form in the body of the certificate, bonds. Something must be done with these shares to keep the
and the corresponding numeral in figures engraved in the upper corporation alive,
The vote contemplated placing the shares in
the charge of the directors as trustees to keep the organization
right-hand corner.
2. That a separate certificate shall be issued for each amount alive and protect the interest of the bondholders.
The proceed¬
of shares from one to ten shares inclusive, and for each multiple ing would be almost identical with the form of issuing railroad
bonds secured by mortgage running to trustees.
of ten shares up to and including 100 shares.
The trustees in
3. That no single certificate shall be issued for an amount this case represented the interests of the bondholders.
exceeding 100 shares.
Western Maryland Railroad.—Suit for foreclosure has been
4. That the said certificates to be issued shall be numbered commenced
in the Baltimore Circuit, by Dougherty A Co.,
commencing with number one, and then be numbered consecu¬ bankers, of Harrisburg, Pa., holders of preferred second mort¬
tively.
gage bonds of the Western Maryland Railroad.
A very important proposition has been laid before the Balti¬
Thus, for instance, a purchaser of 7 shares would receive one
certificate; for 77 shares lie would receive one certificate for 70 more City Council from a n«wly-organized corporation called the
shares and one certificate for 7 shares; for 177 shares he would Baltimore & Western Maryland Railroad Company, by which the
receive three certificates, one for 100, one for 70, and one for 7 latter agrees to take the Western Maryland Railroad on certain
shares.
The officers of the company think this plan, if carefully specified terms.
observed, will effectually stop the raising of certificates of stock
As shown by the report of J. M. Hood, President and General
hereafter.
Manager, for the year ending September 30, 1874, the gross
An order has been issued to the effect that after Jan. 1, 1875,
earnings of the road have been:
the company will not allow any of its officers or employees to be
From passengers
$131,028 04
connected with any other corporation.
The company demands From freight and express
125,047 72
that all employees shall devote their entire attention to the duties From milk and marketing
14,333 02
From mails
6,367 50
of their respective positions; that they are not to be interested,
From miscellaneous sources
1,015 96
directly or indirectly, in the supplies or business of the road, and
that all emoluments or profits accruing from any such employ¬
Total'.
$277,792 24
ment or interest, belonging naturally to the company, are to be
Operating expenses
194,442 88
turned into the treasury of the road.
_
,
t
Railroad Conferences
and
Balance
$83,349 86
Saratoga Agreement.—There
conferences of the Western Railroad Com
Vermont Central.—At a meeting Of the first mortgage bond¬
Chicago with the representatives of the roads west of holders of the Vermont Central Railroad, in Boston, Nov. 6, it
Chicago, but the results have been less than expected. The was stated that the default in the payment of interest had con¬
Western roads and the Baltimore & Ohio east of Chicago have tinued since 1872.
In 1867 the liabilities which had precedence
declined to enter into the Saratoga arrangement.
What has of the first mortgage were $3,500,000. By 1872 receivers had
actually been accomplished thus far seems to be embraced in the increased these liabilities to about $7,000,000 The first mortfollowing rules agreed to :
have been
missions at
numerous
First—The regulating of the number of people to be allowed to go with stock.
Second—The abolition of the payment of commissions for the sale of tickets,
and that no more rebates be allowed on loading cars with freight.
Third—That no more than 100 pounds of baggage be allowed to be carried
free with one passenger, and that for the surplusl5 per cent per 100 pounds of
fage bondholders now proposecommittee of three beafter some
iscussion it
to foreclose, and appointed
resolved that
was
to
a
represent their interests in the bill for incorporating
bondholders now pending in the Legislature of Vermont,
do what they can in aid of the passage of said biU.
said
and to
*
November
.
i
14,1874.]
......
■
/
—
THE CHRONICLE.
■
—
-
■■
■'
—■
■
■
■
■■
■
Friday
Night, Nov. 13, 1874.
speculative feeling in
leading staples of domestic produce during the past week, and
while nearly all of them are higher, some have been quite ex*
cited, with prices showing a great advance. Foreign merchan¬
dise, on the contrary, has been pretty uniformly depressed.
In the market for provisions much excitement has prevailed in
lard, with a considerable advance in bacon and “ hog products ”
generally, all of which for immediate delivery; so deficient in
weight are the swine arriving at the Western markets for slaugh¬
ter, that an active speculation for future delivery has also sprung
up at higher prices. Pork has been comparatively quiet at $19 75
@$20 for new mess. In Beef also there was little doing. But
yesterday lard was active and higher, with much speculative ex¬
citement in futures, with sales of prime Western at 15£c.; for
prime Western on spot, 15ic. tor this week, and 14£c. for next
week, and, of city at 15c. for prime on spot, and 14£c for next
week. For future delivery the greatest activity, excitement, and
buoyancy prevailed, the market being mainly under the influence
of Western operators, with sales of 7,SCO tcs. prime Western,
seller the year, at 18£c. here and 12£c. in Chicago, and 15.000 tcs.,
seller six months, at 13@13i@13 l-16c., closing with sellers at
13 l-16c. Bacon sold at lOfc. for long clear on the spot, and 10£c.
for short clear for December a*d January delivery. Hams were
higher at ll£@ll|c. for pickled, and 13£@13£c. for smoked city ;
and rib bellies, pickled in bulk, advanced to 10i@10^c. Butter
and cheese have been in better demand, with prices showing a
hardening tendency. To-day, pork was firmer, with liberal sales
of mess at $20@25, and lard on the spot ruled firm, but was lower
future at 12£c., seller* the year, and 12fc., seller six months.
Bacon was dull and closed heavy.
Cheese quoted at 13£@16£c.
for prime to choice factories.
Coffee has been dull, and with accumulating stocks of Rio, the
close is lower; fair to good cargoes of Rio quoted at 17@20c.,
Maracaibo 16@19c., and Java 24@27c. gold. The stocks
yesterday
were 23,270 bags Rio, 31,459 mats Java, and 20,996
bags of other
growths. Rice lias been depressed by the failure of a leading
house in the trade. Molasses has been depressed by more liberal
supplies of new crop New Orleans, which to-day has sold at 60
@68c. Sugars have given way materially, and close at 8@8ic.
lor fair to good refining Cuba, 8fc. for No. 12
clayed, 8f@9£c. for
centrifugal, with standard crushed refined at 10fc.
Stocks Nov. 5
66,807
Receipts since
5,209
2,944
69,072
75,800
Boxes.
70,993
4,874
5,574
70,293
49,531
Bags.
-r
port o-f New York since
to all the principal foreign countries, and also tne
totals for the last week, and since
January 1. The last two lines
show total values, including the value of all other articles
besides
those mentioned in the table.
87,577
73,149
19,326
141,400
316,916
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Freights have been only moderately active, but owing-to a reduc¬
tion of the extent of room seeking employment, rates have latterly
improved a little. The Williams & Guion steamer Nevada was
withdrawn on Tuesday. A threatened strike of the laborers, who
are employed in loading vessels, is an embarrassment to business.
The engagements of yesterday embraced grain to Liverpool, by
steam, at 5d.@5±d., and cotton at 9-32d. by sail and |d. by steam ;
and a German bark with tobacco to Liverpool at 30s.; tobacco to
Genoa in cases at 8s. 6d.; refined petroleum at 15c. per case to
Genoa, 3s. 6d. per bbl. to Liverpool, and 4s. to Bremen. To day,
there was very little doing; owners of vessels were afraid to
engage freight, but the strike of the ’longshoremen, which is
threatened, will prevent them receiving it.
Kentucky tobacco has been in fair demand and firm at 10$@
13c. for lugs, and 14@25c. for leaf; the sales for the week embraced:
2,000 hhds., of which 900 were for export, and 1,100 were far
speculation and consumption. Seed leaf has been quiet, but prices
are about steady; the sales embrace : Crop of 1870, 100 cases Con¬
necticut, on private terms; crop of 1872, 25 cases do., at 10c.; crop
of 1873, 48 cases do., at 6£@8c.; 107 cases New York at 15c., 132
cases Wisconsin at 8£c., 65 cases Pennsylvania
wrappers and 57
cases Ohio do., on private terms; also 200 cases
sundry kinds at
10055c. Spanish tobacco has been decidedly more active, with
sales of 1,500 bales Havana at 85@$1 15. which is higher.
Linseed oil has remained steady at 76@77c. Other oil quiet
and unchanged. Hides have been in moderate demand and
steady ; dry Texas sold at 22c. currency, dry Southern at 18, and
city slaughter at ll£c. Fish have been quiet for all descriptions.
Whiskey has advanced to $1 05. Tallow has been lower at 8fc.
for prime, but closes firmer. Stearine has been higher on the
spot, but the principal business has been 1,000 tcs. for December
and January 14c. Clover seed sold to-day at 10fc. per lb., and
timothy is dull at $2 75 per bush.
Refined petroleum has remained stationery, and closed nearly
nominal at 11c. for prompt delivery. Crude, however, has borne
up pretty well, but at the close a slight weakness was notice¬
able ; prompt delivery quoted at 5 l-16@5fcc., in bulk. In rosins
there has been a very quiet week, but figures are without
material change, at $2 30(32 35 for strained. Spirits turpentine
has been shaded a trifle in consequence of a very light inquiry,
closing at 35£c. Hops have continued active for export at 40®45c,
cash, for State 1874’s, with time lots quoted at 47@5Cc Ingot
•
considerable revival of
Hhds.
Sales since
Stocks Nov. 12
Stocks, 1878
■■■
■
January 1,1874,
COMMERCIAL EPITOME. *
a
505
-
-
Bxporti or ^Leading Articles from New York,
The following table,compiledf rom Custom House
returns,show
the exports of leading articles from the
<2£hc Commercial Cimes.
There has been
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606
November 14, 1874.
THE CHRONICLE!
Imports of Leading Articles*
The following table, compiled from Ouatom House returns,
shows the foreign imports of leading articles at this port since
Jan. 1,1874, and for the same period of 1873 :
[The quantity la given in packages w.hen not otherwise specified.]
made up
this evening,
week of last
Since
Same
Jan. 1,’74. time 1873
G.Brlt.
Glass plate
355,730
34,050
Coal, tons
Cocoa, bags..
Coffee, bags
Cotton, bales
Drags, Ac—
Bark, Peruvian..
Blea. powders...
Tin, boxes
Tin slabs, lbs...
23,012
27,379 Rags
1,239,910 1,019,235 Sugar, hhds, tcs. A
bbls
2,804
11,558
Sugar, bxs A bags.
82.585
34,909 Tea
6,170
60,011
146,16*'
24,045
29,046
1,257
Cream Tartar...
Gambler
82,548
Gam, Arabic....
Indigo
5,041
8,35i)
Madder
29.334
1,452
Soda, bi-carb....
Soda, sal
Fancy goods..
Soda ash
$1899.238 $1883,097
78,607
302,73'<
121,638
1,343,955
374,773
1,087,947
837.819
Oranges
63,171
1,314,819 1,181,931
991.492
...
Fish
Fruits, Ac.—
906
1,343
Bristles
India rubber
2.088
Ivory
Jewelry, Ac.—
Jewelry
Pepper
Saltpetre
2,843
8,847
919
961
Watches
.Voods—
Cork
Fustic
736.649
Linseed
Molasses
.
104,877
The
the
time 1873, have been
376,384
Galvestont
393,724
83.289
328,298
120,9i9
New Orleans*
Mobile
Savannah
New York
187,414
Since
Since
Same
1873
Same
Jan.1,’74. time 1873
Jan.1,’74.1 time
6,085 Oil cake
166,910
pkgs.
156,723
Oil, lard....
3,434,594! 2,947,029 Peanuts.
.bags.
bush. 37,772,110 28,396.37b Provisions—
3,056
1.687
27,073
83,742
7,714
pkgs.
Breadstuff*, Ac.—
Ashes
.bbls.
Flour
Wheat
...
27,283,315 22,92 i,907
9,592,933 10,105,809
530,704
917,865
Ry«
1,895,740 1,937,833
JV-irlHy Ae
.
54.394
78,387
Grass' seed.bags.
61,887
RpAnfl
...hbls.
37,917
Corn
Oats
hn-h.
42 >,506
C. meal....bbls.
bales.
Cotton
153,831
790,329
4,210
452,582
23,910
Phar
bales.
i^Amp
Hides
..No.
Hops
bales.
sides.
Leather.
Molasses., .bbls.
Naval Stores—
Or. turp. . bbls.
Spirits turpen...
Rosin
..
Tar
Pitch
141,747
193.501
797,235
5,050
522,979
14,290
Butter
.pkgs.
Cheese.;..
Cutmeats.
Regs
Pork
Beef
Lard
Lard
Rice
.pkgs.
Starch
Stenrine....
bbls
Sugar
...
.
775,088
812,648
1,830,738 1,763,211
269,044
439,044
445,758
100.0S2
122,863
35,860
209,249
34,422
34i;394
294,239
15,^01
4,270
285,876
17,700
1,118
2S4
681
28,688
48,150
158,058
.
234,7u2
118,281
161,717
34,744 Dressed Hogs. .No.
106,793
3.417
'
.hhds.
Tobacco
475,103
45,021
23,601
11,549
19.551
9,102 Tobacco.... .hhds.
6\501 Whiskey...
.bales.
487,944 Wool
70.285
27,210
.pkgs.
3,238.524 2,425,083 Sugar
25,077
23,065 Tallow
11,992
420^996
07,408
100,704
170,875
82,2b9
93,812
1.894
COTTON.
Fbiday. P. M., November 13,1874.
By special telegrams received to-night from the Southern ports
in possession of the returns showing the receipts, exports
Ac., of cotton for the week ending this evening, Nov. 13. It
appears that the total receipts for the seven days have reached
159,245 bales against 148,013 bales last week, 150,081 bales the pre¬
vious week and 127,976 bales three weeks since, making the total
receipts since the first of September, 1874, 960,239 bales against
725,430 bales for the same period of 1873-74, showing an in¬
crease since September 1,1874, of 234,808 bales.
The details of
the receipts for this week (as per telegraph) and for the corres¬
ponding weeks of the five previous years are as follows:
we are
Received this week at—
New Orleans
bales.
Mobile **••*•••••••' ••**••
Charleston
Port Royal, Ac *
Savannan
• ••
Galveston
Indiaaola, Ac
Tennessee, *c
Florida
North Carolina
Norfolk
City Point, Ac
Total this week
Total since Sept.l..
1874.
39,812
14,268
20,043
1,2X1
28,589
16,2 4
88,193
6,811
17,164
10,015
562
551
6,*75
792
801
895
5,022
2,819
\
13,117
2,112
|
1869.
1870.
1871.
30,814
10,992
3*.672
13,526
31,711
10,4,5
11,006
21,639
14,533
27,566
9,342
20,199
9,464
5,329
9,008
7,201
7,309
967
537
8,020
13,692
1,901
9,442
23,077
38,077
8,9J2
21.45*
1872.
1878.
10,883
14,1*6
24,302
8,992
2,037
826
230
8,899
}
11.251
.
8,243
3.772
1,158
2,169
7,039
151,245
124,611
110,610
101,494
122,183
94,108
t960.238
727,430
887,585
666,608
722,433
641,439
98,296
15S448
37,309
18,797
.
Orleans.
for the week ending this evening reach a total of
106 776 bales, of which 84,376 were to Great Britain, 7,4G6 to
Fraaoe, and 14,934 to rest of the Continent, while the stocks as
The exports
63.418
465,843
390,989
277,718
ports..
8,076
....
*
To the New Orleans
“Ailsa ** wreck.
8,935
26,817
86,166
8,261
600,319
receipts
,
,
6,460
2,122
1,746
4,237
15,160
2,561
79,169
1,555
16,685
....
!
f
1,841
800,993
Other
8XPT.1 TO—
31,000
S3),988
.
..
9,132
»
»
# tf f
ttt
....
Total.
70,599
9,741
31,854
46,113
34, 82
43.866
€8,923
Stock
Ports.
40,4t)3
13,160
26,195
90,862
....
1,841
«
.
Coast¬
wise
Other
60,204
7,619
92,523
7,430
20,150
107.694
8,035
IS,612
1,555
80,247
....
5,463
22,148
....
97,699
72,203
38.287
87,669
44,512
76,616
2,259
28,185
29,000
245,246
9,757
29,160
284,163
324,923
446.500
161,856
80,863
16,581
209.S00
292,718
804,166
are
added this week 1,168 bales recovered from the
*
t Under the head of Charleston is included Port Royal, &c ; under the ha ad of
Galveston is included Indiaaola, &c.; under the head of Nwfolk. is Included City
Point, &c.
Until
little change this week iu our
The influences appeared to be
somewhat conflicting, about neutralizing each other. Liverpool
has shown increased activity, and a fair spinning demand has
prevailed, while at the same time the shipments to Europe have
been large, checking to some extent the accumulation of stocks.
Many claim, also, that the “short time” of. the New England
mills will not extend beyond the current month, if so long.
On
the other hand, the receipts at the ports have been larger than
was anticipated.
The effect of these opposing influences is seen
in unchanged prices until to-day, when, under stronger advices
from Liverpool, the market was firmer, with a fair general
demand, and at the close prices were advanced ^c. for ordinary
and -Jc. for the other grades.
For future delivery the market has
been singularly free from wide fluctuations. In fact, until to-day
very little change had taken place, no advance having been
established. On Tuesday afternoon, and throughout Wednesday,
there was a good demand from exporters for “short notices” for
November, but this subsided yesterday and left early deliveries
rather weak; but the later months were moderately active, and
in some instances a fraction higher. To-day, however, there
was a pretty general improvement.
A strong speculative action,
based mainly on the idea that money is easy and prices compara¬
tively low, and that therefore the crop can be carried and higher
prices obtained, especially as smaller receipts at the ports as
compared with last year, are looked for next month. Under
these circumstances, the market closed fairly active, at the
advance, and the sales after ’Change were at 14 19-32c. for
November, 15 1-32@15 l-16c. for January, 15 11 32c. for February,
15 23-32015 ll-16c. for March, 15 31-32c. for April, 16 9-32c. for
May, 164c. for June, and 16ic. for July. The sales for July
were the first of
the season..
The total {ales for forward
delivery for the week are 122,700 bales, including
free
on board. For immediate delivery the total sales foot up this week
9,300 bales, including 2,986 for export, 4,063 for consumption,
1,751 for speculation and 500 in transit. 'Of the above, 280 bales
were to arrive.
The following are the closing quotations:
to-day there has been
market for cotton
on
very
the spot.
•
Uplands.
New Classification.
Ordinary
Good Ordinary
Low
per ft.
Middling
Middling.
*To this To!al has been’ added 1,163 bales reeovered from the wreck of the “Ailsa,”
at New
106,776
Britain. France. For’gn.
2.003
8,975
8,035
Total last y**ar
:
46,569
17,662
....
Florida
Vo. Carolina
Norfolk*
1873.
169,695
62,323
186,813
194.680
80,580
Charleston*...
Produce*
follows
as
88,684
60,000
8XPT.1.
1374.
94,861
123,758
receipts of domestic produce since January 1,1874, and for
same
8,502
Great
Total this year
Receipts of Domestic
55.037
BXPOBTKD BINOB
KBOBIPT8
SINGS
POKT8.
239,288
22,085
249,081
l: 5,51£
Mahogany
77,943
1,843
19.867
night are 126,910 bales more than they were at this time a year
ago. The following is our usual table showing the movement
of cotton at ail the ports from Sept. 1 to Nov. 6, the latest mail
dates:
701,555
227,750
Logwood
10 606
93,548
21,t59
20J46
84,172
29,402
59,(08
with the corresponding week of last season, there is an increase
in the exports this week of 38,358 bales, while the stocks to¬
126,894
670,750
847,100
Ginger
41,128
2.146
15,5*4
5,394
2,892
14,934
44,094
116,677
28,875
[JGT Our telegram from New Orleans to-night shows that
the amount ol* cotton on shipboard, and
engaged for shipment at that port, is as follows: For Liverpool,
83,129
Cassia
7,466
17,228
18,896
14,199
besides the above exports
..
Spices, &c.—
8,139
46,019
Hides, dressed..
5',873
••«
735
829,622
717,943
Hides, Ac—
•
23,888
2,268
25,762
82,284
1873.
The exports this week under the head of “ other
867,531
1,044,513
1,570,896 1,206,968
Hides, undressed.. 11,821,675 10,359,307
Nuts
Raisins
3,973
175,553
Hemp*, bales
by
Lemons...
46,515
46,010
9,191
5,930
Flax
Furs
Gunny cloth
Hair
99,123
148,598
44,674
Corks
•
5,484
5,513
1874.
41,000 bales; for Havre, 20,000 bales ; for Continent, 14,000 bales ;
for coastwise ports, 5,000 bales; total, 80,000 bales; which, if
148,129 deducted from the stock, would leave 36,500 bales representing the
146,374 quantity at the landing and in presses unsold or awaiting orders.]
45,381
From the foregoing statement, it will be seen that, compan d
3,728
Cigars.
43,729
Opium
807,473
58,214
4,159
66.918
Articles reported
value —
835
Oil. Olive
973,390
the
ports ” include from Boston
42 bales to Liverpool and 25 bales to St.Johns; from Philadelphia 1,183 hales to
Liverpool and 728 bales to Antwerp; from Norfolk 8,428 bales to Liverpool; irom
Wilmington 710 bales to Liverpool; from San Francisco 31 bales to Liverpool.
967,093
Tobacco
Waste.
1,960
Oils, essential..
....
514,307
1,196.794
are
Stock.
Total this Samew’k
week.
1873.
Contln’t
8,953
84 376
Total
Since Sept. 1
G
572,175
7,202
1,350 Wines, Ac—
11,837
Champagne, bks.
Wines
5,427
8,6 J1 Wool, bales
5,53-5
Cochineal
New York...
Other ports*
258,029
2,247,341 4,858,209
108,153
187,069
933,227
896,316
9,574.885 4,789.490
114,842
118,466
Steel
Galveston....
6,144
3,318
530,814
2,855
255,801
188,429
Iron, RR. bars...
Lead, pigs
Spelter, lbs
444,418
36,799
10,2.7
4,993
7,520
Buttons
Hardwnie
17,345
46,290
12,529
31,727
.
4,073
France
14,001•
2.2G8
22,2*9
26,41
2,146
12,642
4,659
Savannah
Cutlery
Earthenware—
China
Earthenware.
Glass
Glassware
Below
season:
NewOrleans.
Mobile
Charleston...
Metals, Ac.—
China, Glass and
465,843 bales.
Exported to—
Week ending
Nov. 13.
Same
Jan.1,’74. time 1873
Since
are now
exports and stocks for the week and also for the corresponding
Good
Middling
Middling Fair
Pair..,.
Below
we
......
Alabama.
12 X0...
12X0....
18340...;
14X0....
14340....
15X0....
15)40....
183*®....
14X0....
14X0...
15 0....
15X0...
15K0....
give the sales of spot
16
0....
new
Orleans.
12X0....
14X0....
14X0....
15X0....
15X0....
15X0....
16X0....
Texas.
12*0...
14X0...
14X0....
15X0...
15X0...
15X0...
16X0....
and transit cotton and price of
Uplands at this market each day of the past week :
14,1874,]
■
>mm ,
05.42
Consump.
Exp't.
.'Classification.
151
iOO
312
927
793
703
Saturday
Monday
Tuesday........
Wednesday
Thursday.......
Friday
2,*86
Total
633
574
872
563
573
848
*
4,063
♦
•
”151
•
12*
12%
1,114
• •
674
••
mm
*
in
1,200
2,051
500
1,751
9,330
....
14%
....
13%
13%
13%
13%
13%
....
1.436
*500
Mid
14%
14%
14%
14%
14%
14%
13%
12%
72%
12%
12%
1,S?5
2,69b
70
■'
Ord’ry Ord’ry. Mldl’g. dlins
j Total.
sit.
330
■
Low
Good
Spec- Tran-,
ula’n
n
PBIOBB.
BALXS.
New
bmm m
i
mmmmmtmmmm
■■■ ■■
i
THE CHRONICLE.
mmmmmmm——mmmmmmmmmmm—————i————ofc——
'■■■
i
■
■■
i
■
i
November
• IS*
14%
14%
14%
14%
14%
free on board
low middling or
the basis of low middling), and the following is a statement of
iii
m
ft
mm
i
■
k
wwewnmn
507
■
of the week, the earlier part
being clear; the rainfall reached
Average thermometer 66.
Columbus.—Rain fell on three days, the rain-fall aggregating
two inches and eight hundredths.
Average thermometer 64.
Savannah.—There has been rain on one day, with a rainfall of
eight hundredth of an inch. The thermometer has averaged 66.
Augusta.—The weather has been cool and threatening, with
seventy-five hundredths of
rain
an
inch.
days. As the week closes, there has been a favorable
Picking is progressing finely. - Rain-fall thirty-three
two
on
change.
For forward delivery the sales (including
have reached during the week 122,700 bales (all
hundredths of
on
weather; two rainy days, the rainfall reaching thirty-seven hun¬
dredths of an inch, and heavy dews at night.
Average thermo¬
the sales and prices
cts.
bales.
.For
:
bales.
cts.
400 B. n
14 7-16
100 s.n. ilth..l4%
100 8.n. 16th..14%
1,B,00 s. n
14%
800
14k
14 31-3!
15
14 17-82
1,600
4,000
1,600
15 1-S2
15 1-16
1,300
For
15%
1 500
4,300
14%
800
The following will
basis of low middling
•
2,900....
....15 13-16
....15 27-32
100.... ....15 29-32
701)
15 15-16
15 81-32
700....
....
...
16%
700
100
16 9-82
For
200
200.
200....
100....
May.
16
.
16 1-16
16 3-32
16%
1,400..'..
209........16 11-32
16%
900
200
3(0
200
16 13-82
16 7-16
16 15-82
16 k
16 17-32
1.500
20 J
For
3 0
100
100
July.
16 9-1o
16%
16 21-62
500 total
July.
show the closing prices each day on the
uplands (old classification), for the several
deliveries named:
Sat.
Fri.
«■
14%
On spot
November
December
January
February...
March
Ar*r 1
..
—
May
Jane
Gold
Kxchanee
Sales spot
Sales future...
Mon.
11%
H%
19-3!
21-32
31-32
9-32
15 19-32
15 27-12
14 17-32
14 21-3!
14 15-16
Tues.
11%
14%
14%
Wed.
H%
14 17-32
14 17-32
14 11-16
14 31-32
15 9-32
15 17-32
15 13-16
16 3-3!
16 13-32
110
18 1-32
16%
16 7-16
15 17-32
15 25-32
16 1—16
16 13-32
110%
110%
110%
4.83
4 83
4.83%
4.83%
2,243
23,30'J
1,114
671
13.900
1,335
110%
4.83%
2,690
29,000
14
!4
14
15
15%
16%
15.300
Weather; Reports
by
'
UK
15 7-32
15 17-32
15%
14 21-3 3
14 31-32
15 9-32
15 19-32
15 K
16 11-32
17,200
Thurs.
The
following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3 o'clock
this afternoon (Friday, Nov. 13).
We give last year's figures
(Nov. 14, 1873) for comparison :
Fri.
New Orleans. .Below
.Above
Nashville.... Above
Shreveport... Above
Vicksburg.... .Above
Little Rock.. .Above
.
Texas Cotton.—The Canton
15%
15 11-16
15%
jo
16%
16%
110%
16%
16%
110%
1,136
I3.S00
Telegraph.—-Our reports
4.84
2*051
23.400
to-night
splendid picking season we have had this Fall has
the past week been interrupted by rain in many sections of the
South. It does not appear that there was any severe wind con¬
nected with it, and the Southwest would seeru to have escaped
the storm entirely. No frost has yet been reported from the
lower half of Texas or from a portion of tlio lower Mississippi
Valley, the sections in which the most benefit was expected from
the later growth. It is, of course, possible that the present cold
may reach those points, and in that connection it may be noticed
that to-day there has been a sudden fall in the thermometer at
Corsicana, Texas.
Galveston.—There lias been slight rain (sprinkles) on two
days this week, the rain fall reaching three hundredths of an
inch. Planters are holding on to their crop.
Country store¬
keepers are shipping freely, and the detention is ontheplantations^
not elsewhere.
Thermometer this week has averaged 72.
Indianola.—It has been'warm all the past week, and no rain has
fallen. The crop continues to develop promisingly. Thermometer
has averaged 73.
Corsicana, Texas.—There has been rain here on one day
(sprinkled) but otherwise it lias been warm and dry all the week
until to-day, when the the rmometer sank to 44.
The rainfall has
reached only one hundredth of an inch, and the thermometer has
averaged 69.
New Orleans.—It lias sprinkled hereon two days, the total rain¬
fall being sixteen hundredths of an inch. Average thermometer
sixty-eight.
Vicksburg.—The weather here was warm and dry, until last
night, when there was a slight rain. Average thermometer 70.
Nashville.—It has rained here on two days heavily. Total
rainfall two and sixty-eight hundredths inches.
Average ther¬
0
6
4
7
10
1
6
.....
1
(Texas) News of the 31st October
“ A gentleman brought to our office the other day two cot¬
bolls,
one
having fourteen locks, the other fifteen.
Who
can
beat it ?”
Bombay Shipments.—According to our
cable dispatch received
to-day, there have been 5,000 bales shipped from Bombay to
Great Britain the past week and 1,000 bales to the Continent,
while the receipts at Bombay during the same time have been
4,000 bales. The movement since the 1st of January is as
follows. These are the figures of W. Nicol & Co., of Bombay,
and are brought down to Thursday, Nov. 12 ;
/-Shipments this week—,
Great
Britain,
1874
1873
1872
Continent. Total.
5,000
3,000
0,000
1,000
2,0)0
5,000
1,000
From the foregoing
5,000
6,000
/—Shipments since Jan. 1—, ,—Receipts.--*
Great
Britain,
803,000
697,000
648,000
Continent.
Total,
This
week.
376.000 1,182 000
203,000
900,000
249,000
897,000
Since
Jan. 1.
4,000 1,235.0:10
7,000
968,000
8,000
919,000
it would appear that compared with last
year there is an increase of 1,000 bales this year in the week’s
shipments from Bombay to Europe, and that the total movement
since January 1 shows an increase in shipments of 2.82,000 bales,
compared with the corresponding period of 1873.
Gunny Bags, Bagging, Etc.—The bagging market is in the
same unsatisfactory condition that it has been for some time past,
buyers stocked up, and manufacturers and speculators unable
to make sales.
In consequence of this, one jobbing house, during
the past week, has been compelled to suspend.
Manufacturers
claim that goods are selling far below cost of making, but this
does not stimulate trade.
There has not been a single sound lot
sold here for some time past, that we can hear of, and would
quote the market nominal at last week’s prices, llf@12c. Native
and Borneo are both nominal at 9|c. for the former, and 12fc. for
the latter, though neither could be moved at any moderate con¬
cession from these prices. Bags, in the absence of any business,
are still quoted at 12c.
Jute butts are even lower than they were
last week; notwithstanding the very limited stock and small sup¬
ply on the way, holders have been obliged to accept a decline in
order to effect sales on arrival,
In loto the transactions foot up
1,103 bales at 2£@2$c.
Visible Supply of Cotton as Made up by Cable and Tele¬
graph.—Below we give our table of visible supply, as made up
by cable and telegraph to night.
The continental stocks
are
the
figures of last Saturday, but the totals for Great Britain and the
afloat for the Continent are this week’s returns, and consequently
brought down to Thursday evening; hence to make the totals the
complete figures for to night (Nov. 13). we add the item of exports
States, including in it the exports of Friday
from the United
only.
1874.
1873.
1872.
Stock at Liverpool
Stock at London
557,000
503.000
465,000
104,250
199,000
227,000
Total Great Britain stock
Stock at Havre
681,250
140,750
10,250
52,750
702,000
899,000
935,000
13,000
83,000
17.250
20,500
37,750
59.
on two days, the
The crop is being
Memphis.—It has rained
hundredths of
an
inch.
rain fall footing six
sent forward freely.
Average thermometer 64.
point on three days, two days
showery and one severely. About all the crop has now been
secured, and it is being marketed freely.
Total rain-fall ninetynine hundredths of an in inch
Average thermometer 70.
Montgomery.—Three rainy days are reported, with a rainfall of
one inch and one hundredth.
Average thermometer 66.
Selma.—Rain has fallen on two days, to the extent of ninetytwo hundredths of an inch.
Average thermometer 65.
Macon.—There have been two rainy days this week. Our
correspondent omitted last week to telegraph that they had been
visited by ^wo killing frosts. Average thermometer 57.
Atlanta,—It has rained constantly On two days the latter part
Mobile.—There
6
.
9
0
4
9
5
Now Orleans reported below high-water mark of 1871 until
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
1871, or 16 feet above low-water mark at that point.
ton
4.33%
6
2
above.
14 19-32
81-82
5
0
figures as to height of rivers, printed last week, we find were
really for Thursday, of last week, Novemner 5th. instead of November 6th.
The correct figures for Friday. November 6th, were : New Orleans, same as we
gave it; Memphis, 2 ft. 11 in. above; Nashville, l ft. 5 in. above; Shreve¬
port, 8 ft. 0 in. above; Vicksburg, 4 ft. 10 in. above; Little Bock, 1 ft. 6in.
14 *
14 11-16
14 31-32
15 5-16
1^%
2
Our
says :
14%
15 1-32
low-water mark...
low-water mark...
low-water mark...
low-water mark
low-water mark
.
show that the
mometer
<-Nov. 18, 1874.—. /—Nov. 14, 1873.—.
Inch.
Feet.
Inch.
Feet.
13
6
S
high-water mark...
Memphis
14%
14%
fine
meter 60.
For June.
3,500 total June.
7,400 total April.
15%
15 17-32
15 9-16
15 19-32
2,100
1,30 )..
•
....
1,700
For March.
400
.
100
15%
19,900 total Feb.
For January.
j
15 11-32
3,200
22.300 total Dec.
|
15 7-32
15 9-32
4.600... .....15 5-16
14%
14 21-32
14 11 -16
14 23-31
2,S00
For April.
200
15%
February.
3,600
7,300.
cts.
16 5-3 !
16 3-16
16 7-3*2
14,300 total March.
14 9-16
2,300
6,00'
bales.
800
100
500
3,700 total May.
iOO s.n....'.4 19-32
303
14 1S-82
For December.
15%
15 21-3!
15 11-16
15 23-32
800
37,300 total Jan.
13,803 total NOV.
cts.
.2,000
1,600
8.200
12,800
5, 00
8,800
bales.
14 29-32
14 15-16
November.
100s.n.l2th.l47-16
5,100
an inch.
Average thermometer 64.
Charleston.—Our correspondent at this point telegraphs
was
rain at this
8lock at Marseilles
Stock at Barcelona
Stocic at
Hamburg
..°.
Stock at Bremen
.•
528,000
91,500
24,500
15,000
32,000
895,500
339,750
483,000
1,056,750
1.041,750
LI 75, CC0
178,000
159,000
H7.0QQ
159,000
83,250
20,000
Stock at Antwerp
Stock at other continental ports...
Total continental stocks
Total
European stocks
Europe
American cotton afloat for Europe.
India cotton afloat for
21,000
27,000
83,000
61,000
11,000
33,000
37,000
35,500
Stock at Rotterdam
Stock at Amsterdam.
87,250
10; 250
7,750
*46,000
198,000
f November 14,1874,
THE CHRONICLE.
08
\
1874.
60,000
Egypt, Brazils, Ac., afloat for Europe... •
Stock in United States ports
Stock in United States interior ports....
1872
1873.
96,000
338,933
67,777
This
1,011,954
descriptions are as follows *
American—
73,000
99,000
187,000
338,933
57,777
8,000
bales. 1,105,007
763,710
740,954
419,000”
430,000
104,250
238,500
178,000
60,000
199,000
240,750
159,000
96,000
411,000
227,000
414,000
159,000
60,000
999,750
1,124,750
1,105,007
763,710
2,104,757
1,888,460
l%d.®7%d.
8%d.
United States stock.
United States exports
to-day
Total American
East Indian,
2,651
7,016
49,214
2,325 11,933
2,21ff 16.674
701
3,172
•
•
•
.
Total this year
30,247
237.979
9,797 46,797
Total last year.
.29,174
224,206
6,369
41,526
2,011,954
9%d.
’73—%
2,930
1,434
-
28,346
8,632
7,609
107,510
45,372
44,771
11,204
57,993
Total, all...
42,481
Philadelphia.
2,809
San Francisco
Total
have increased
bales, and are to-night 21,387 bales more
period last year. The receipts have been 6,409
The above totals show that the old interior stocks
week last
The exports ot cotton this
decrease, as compared with last
year.
week from New York show a
week, the total reaching 15,534
bales last week. Below wo give our usual
of cotton from New York, and their
last four weeks; also the total ex¬
ports and direction since Sept. 1, 1874; and in the last column
the total for the same period of the previous year.
bales, against 18,904
table allowing the exports
direction for each of the
Export! of Cotton (bales)
....
1,649 12,099
6,173 28,138
9,518
4,516 20.535
1,764
State8
46,342
follows:
N(Av Orleans.
Charleston...
Savannah
Texas
Baltimore....
Boston
during the week 11,872
than at the same
bales more than the same
....
4G.342
Ham- Rotter- Mai-St.John.
dam.
N.B. Total.
aga.
Bre-
Ply-
pool. mouth. Havre, men.
•
New York.... .12,642
1,800
68,573
14,844
’404
4,500
Liverpool, per steamers France, 2,399 and 104 Sea
Liver-
10,796
5,558
26
....
....
1,124
particulars of these shipments, arranged in our usual form,
are as
4,675
1,217
1,727
6,140
15,409
Total
The
986
3,706
2,900
1,525
2,805
1.588
Cincinnati....
4,861
.
,
2.326
14,780
.
,
57,777
379
3,559
6,076
.
Batavia, 862
Oceanic, 1,050... City of Brooklyn, 612
per ships
Abyssinia, 300./..Erin, 2,231....Nevada, 2,218
Pride of Canada, 1,839
Talisman, 1,027
12,642
To Bremen, per steamers Hohenzollern, 1,200
Neckar, 600
1,800
To Hamburg, per steamer Thuringia, 1,092 .:
1,092
New Orleans—To Liverpool, per steamers State of Louisiana, 2,412
....Prince Edward, 2,350
4,762
To Havre, per ship Formose, 600
600
To Malaga, per bark Prudhoe, 500
%
500
Charleston—To Liverpool, per ship Garibaldi, 1,640 Upland
per
barks Forest Queen, 1,700 Upland.. ..Bessie Parker, 2,151 Upland
Soudre Norge, 1,486 Upland and 13 Sea Island
Christine,
1,650 Upland
8,640
To Plymouth, Eng., for orders, per brig Dorothea 750 Upland
750
Savannah—To Liverpool, per steamer Oberon, 3,357 Upland and 52
Sea Island—per barks Albina, 2.415 Upland
Dartmouth,
2,675 Upland
f
8,499
Texas—To Liverpool, per bark Brazos, 2,707. ..
2,707
Baltimore—To Liverpool, per bark Industrie, 1,000
1,000
To Bremen, per steamer Berlin, 1,250....
1,250
To Rotterdam, per bark Anna, 100
100
Boston—To Liverpool, per steamer Hecla, 953
..."
953
To St. John, N. B per steamer New Brunswick, 36
per
, 25.,
61
Philadelphia—To Liverpool, via Queenstown, per steamer Pennsyl¬
955
vania, 955
San Francisco—To Liverpool, via Panama, per
31
31
Island
562
3,559
4,449
3,013
2,648
4,326
.
So far
burg.
1,092
...
3.621
249
1,03?
as the Southern ports are concerned, these are the
reported by telegraph, and published in The Chron¬
icle last Friday, except Galveston, and the figures for that port
are the exports for two weeks back.
With regard to New York,
we include the manifests of all vessels cleared up to Wednesday
night of this week.
Total bales
1,271,000
740,954
37,162
36,740
c
...
1,607
same exports
Receipts. Shipments. Stock*
1,969
9,046
9,608
1.434
7,270
2,101
5,967
9,335
4,208
5,374
1,388
2,068
5,313
1,983
2,235
25,811
16,182
14,944
2,705
1,162
1,576
79,164
31,277
.
.
Shipping News.—The exports of cotton from the United
;he past week, as per latest mail returns, have reached
Movements op Cotton at the Interior Ports.—Below we
give the movements of cotton at the interior ports—receipts and
shipments for the week, and stock to-night, and for the corres¬
ponding week of 1878:
43,149
5,458
.
....
.
....
56
5
322
.
.
....
..
55
4,391
.
....
This
Since
week. Septl.
«
286
6,421
•
•
-
....
....
....
3,189
These figures indicate an increase in the cotton in sight to¬
night, of 216,297 bales as compared with the same date of 1873,
and an increase ot 92,803 bales as compared with the correspondng date of 1872.
Montgomery.,
«
•
1.436
New York—To
Receipts. Shipments. Stock.
9,700
14,382
10,758
5,959
2,197
2,839
2.350
6,598
3,267
6,147
2,283
2,910
5,832
3,643
8,467
32,859
10,255
17,668
7,387
1,025
2,064
•
1,133
24,713
>ales.
-Week ending Nov. 14,
•
1,601
•
8,541
3,414
1.537
658
Since
Septl.
♦
42,534
8,956
7,051
Brazil, Ac.—
r-Week ending Nov. 13, ’74-,
-
m
558
Foreign
343,723
64,231
12,000
*
m
6,133
Tennessee, Ac
198,000
m
•
North’rn Ports
69,000
.
2.126
Virginia
54,000
138,000
157,000
246,000
465,843
79,161
19,000
40,948
16,063
50,503
2,563
Septl.
Thus
week.
239
Sept 1.
New Orleans..
Texas
Savannah
Mobile
Florida
S’th Carolina.
N’th Carolina.
Since
This
week.
Since
week.
12,000
1,888,460
2,104.757
BALTIMORE.
reoe’ts from-
343,723
64,23
8,000
465,843
79,164
19,000
id other
60,000
PHILADELP’IA
BOSTON.
HEW YORK.
from New York since Sept.l • 1874
...
•
•
•
•
2,707
.
.
.
953
955
31
.40,189
•
«
1,000
.
•
m
m
m
15,534
5,862
9,390
8,499
2,707
m
•
»
750
8,640
8,499
.
m
500
600
4,762
....
«
-
•
•
©
©
.
•••
....
•
'V
100
1,250
©
©
.
•
•
’
......
_t
m
6i
■
....
....
600
955
31
••••
....
750
2,350
1,014
....
100
1,092
3,050
46,342
61
500
Below we give all news received to date of disasters, &c., to
vessels carrying cotton from United States ports :
Adriatic, str. (Br.), from New York for Liverpool, before reported in collision
with steamer Parthia, repaired and sailed A.M._Oct. 28 for destination,
and crossed the bar at Sandy Hook at 9:40 A.M.
St. Louis, str. (Br.), from New Orleans Oct. 29, with a cargo consisting of
3,519 bales cotton, &c., for Liverpool, was discovered to be on fire in
the forward part of the vessel at 6 A.M., Nov. 3, when 300 miles N-E. of
Caoe Florida. Every effort was made to subdue the flames, and After
four hours unsuccessful labor, it was found to be gaining headwajr> It
was blowing a strong and increasing gale from the northeast at the time,
when Capt. Reid determined to keep before the wind, and make for tbe
nearest port and save the lives of those on board, and tbe ship, if pos¬
sible. The wind continued to increase in velocity, and worked into a
perfect hurricane. It moderated on the evening of the 3d, about 6
o’clock, when the vessel’s course was shaped for Savannah, arriving off
Tybee at 3 A.M. 5th. Having procured the services of a pilot, the steam¬
er was taken to Venus’ Point.
By order of a board of survey, the for¬
ward compartment was flooded with water and the fire extinguished on
the bth. She was pumped out on the 7th, but the w'hole cargo is report¬
ed as damaged.
from jncw Orleans for Liverpool, with 1,755
Ville de Bordeaux, bark (Fr. ). irom New urieans ror JLuverp
bales cottoD, was totally lost ou Colorado Reef night of Oct. 18. Crew
saved.
Same
WEEK ENDING
EXPORTED TO
Oct.
21.
Liverpool
11,391
Total to Gt.
11,391
Oct.
28.
9,095
Nov.
11.
Nov.
4.
15,595
12.642
Total
to
date.
91,811
Britain
Havre
Other French ports.
152
'lotal French.
152
•
550
Bremen and Hanover.
Hamburg
1,454
*....
Other ports
....
2,004
Total to N. Europe,
•
2,440
Spain, See.
Grand Total...
1,800
1,092
800
2,509
....
3,309
< ►
....
2,892
10
13,557
106,020
91,S11
106,050
1,177
2,561
1,177
5,760
6,204
7,884
3,433
50
12,014
..
.
•
•
•
•
11,535
....
....
....
...
18.9GI
15,534
....
Satnrday
5-16®%
Monday
5-16®%
Tuesday
5^16®%
Wednesday.. 5-16®%
Thursday
5-16®%
Friday
5-16®%
-Bremen.Steam. Sail.
c.
c.
c.
:
Steam.
Sail.
c.
c.
c.
%
..®x %comp.
@X
%
X
..@x % comp. . •®x
%
X
*.®x %comp.
%
..®x %comp. ., @X
X
..®%
%
..®x %comp.
@X
X
*.®X
%
..®x %comp.
@x
X
*.®X
13.-3.30 P. M.— By Cable from Liver-
**®¥
..®%
..®%
X
X
X
X
X
X
X
..•
..
■
.
*
•
.
Liverpool, Nov.
pool.—The marketlhas ruled firm to-day.
Sales of the day were
14,000 bales, of which 2,000 bales were for export and specula¬
tion.
Of to-day’s sales 6,000 bales were American. Tlit* weekly
movement is given as follows :
Oct. 23.
Oct. 30.
Nov. 6.
Nov. 13.
Sales of the week
bales.
66,000
90,000
69,000
' 78,000
of which exporters took
9,000
6,00o
9,000
8,000
of which speculators took....
2.000
3,000
5,00 >
4,000
Total stock....
621,000
588.000
588,000
557,000
of which American
167,000
149,000
150,000
138,000
Total import of the week
38.000
32,000
76.000
56,000
of which American
17,000
12,000
36,000
26,000
Actual export
7,000
7.000
9,000
9,000
Amount afloat
251,000
295,000
317,000
351,000
of which American
32 000
116.000
144.000
198,000
The following table will show the daily closing prices of cotton for the week:
Fri.
W
Thurs.
Tues.
^ednes.
Satur.
Mon.
898
10
898
106,396
119,442
the receipts of cotton at New York.Boston Mid’g Uplands 7%®7%
do Orleans. 8%®8%
Philadelphia and Baltimore for the last week, and since Sept. 1/74;
The following are
Sail.
d.
-Havre.Steam. Sail.
.
11,317
10
10
....
Total
Steam.
d.
year.
•
....
....
1,810
1,130
•
freights the past week have been as follows
•Liverpool.
2,561
12,342.
15,595
....
....
period
prev’us
30
Other British Ports.
9,095
Cotton
7%®7X
8%®8%
.
7%®7%
8%®8%
7%®7%
7%@7%
8%@8%
8%®8%
7%®7%
8%@8%
November
14,1874]
509
THE CHRONICLE
supply of grain, as published in the last Chronicle ; the quan¬
correspondent in London, writing under the date of Oct, tity of wheat at Chicago being given at 142,123 bush., instead of
31, 1874, states:
1,426,029 bush. The error was in the official circular of the Pro¬
Liverpool, Oct. 29.—-The following are the prices of middling duce
Exchange, from which we copy.]
qualities of cotton, compared with those of last year:
Indian corn was the object of renewed speculative action early
/—Fair A
/-Good A /—Same date 1873Ord.&Mid—.
in the week, and some further advance was realized, with sales
g’dfair->
Fine.—,
Mid. Fair. Good
30
16
21
22
26
38
19
Sea Island
18
22
of prime old mixed at 92c. in store, and 93093|c. afloat; but
22
15
Florida do
16#
17# 18
20
24
18
19
M.F.
Ord. G.Ord. L.Mid.
Mid. G.Mid. Mid.F. Mid. G.Mid.
these prices were not sustained and, on Wednesday, the close
9#
Upland... 6# 7#,
7 7-16
7#
8#
8#
9#
8
was quiet at 9l£c. afloat.
Mobile.... 6#
9#
9#
7#
7#
7 13-16 8#
8#
8#
The supply of new corn has been very
9 3-16 9#
N.OA Tex 6#
10#
7#
7#
8 3-16 *8#
9
good in both quantity and quality—nearly equal to the reduced
Since the commencement of the year the transactions on specu
wants of the local trade, and so soon as the speculative demand
for old mixed was withdrawn, there was no adequate support to
Actual
/—Actual exp. from
Liv., Hull A other exp’tfrom prices. There is no doubt that the crop for 1874 is deficient, and
U.K.in
r-Taken on spec, to this date—,
outports to date—,
there is not, as in 1873, any reserve of the previous crop to draw
1373.
1873.
1874.
1872.
1874.
1873.
bales.
bales.
bales.
bales.
bales.
bales.
American.... 175,120
208.070
95,607
173,520
89,748
120,750 from, but that of 1874 is getting into condition for market un¬
Brazilian.... 19 350
18,880 usually early ; the current high prices are bringing it out. Tho
91,710
15,331
12,700
32,713
35.390
10,785
9,275
9,990
12,040
Egyptian. Ac. 14,730
W. India, Ac.
4,730
29,270 Atlantic coast is not so much in need, as last year, of supplies
2,670
10,798
14,456
2,150
E. India Ac. 87,930
412,600 from the West. The
279,090
175,498
77,240
244,827
export shows a great falling off. The total'
TotU
388,871
591.460 shipments for September and October, from five principal ports,,
299,800
310,167
618,990
277,650
The following statement shows the sales and imports of cotton were only 2,822,000 bushels, against 4,722,000 bushels for Sepfor the week and year, and also the stocks on hand, on Thursday tember and October, 1873.
So marked a falling off must be felt,
evening last:
especially when it is taken into account that the exports one
SALES, ETC., OP ALL DESCRIPTIONS.
-Sales this week.
Total
Same
Average
year ago were checked by inadequate supplies and rising prices
Ex- Speculathis
period weekly sales
on
the seaboard.
Yesterday, with report of frost in Great
Trade. port
1874.
1878
year.
1878.
tion. Total.
Aiue.'ican.. bales. 28,290 2,130
790 31,210 1,695,950 1,708,420 34,440 34,360
Britain, and some revival of export, the decline above noted was
Brazilian
60
8,350
8,210
9,210
9,270 409,800
395,600
210
”20 5,060 246,530 232,010 5,430 5,270 recovered. To-day, prime old mixed sold to a moderate extent, at
Egyptian
4,810
Smyrna & Greek j
3,640
14,720) 1,500
10
160 (
180
1,960 92^@93c. in store, nnd 94£c. afloat.
West. Indian.... p'9b0
| 5,320
86,610
106,170 f
East Indian....
10,960 6,390 1,520 18,870 867,320
734,880 11,830 10,870
Rye has been in better request, and is held higher ; there was
a small sale to-day at 95c.
Total
58,280 8,970
2,490 69,740 3,309,850 3,191,800 61,410 60,810
-Stocks.Barley has been excited and higher. The crop of 1874 is now
Imports.
Same
To this To this
found to be deficient, and is evidently held back for higher prices.
This
Dec. 31.
This
date
Total.
date
date
1873.
1873.
Late sales include two-rowed State at $1 32, four-rowed State at
1873.
week.
1874.
1873.
day.
American
97,990
11,747 1,575,385 1.601,238
148,690
149,330
1,871,991
Brazilian
57.370
468,070
400,552
5,316 427,503
104,420
62.510 $1 42, and Canada West at $1 55, with holders from yesterday at
15,610
309,739
33,270
Egyptian
77,830 $1 60.
8,687
198,059 195,901
Today, the market was quiet. About a quarter million
2,364
1,210
5,160 (
15,744
16,102
Smyrna A Gr’k
44,loU
bushels of barley have been ordered from Europe in the past
451
W. Indian
74,116
90,571
113,041
22,760
13,200 J
European Cotton Markets.—In reference to these markets
our
.
,
ocn
.
/—
.
.
.
—
N
—
...
712,338
757,603
277,120
342.670
281.800
32,058 3,022,126 3,016,324
3,536,546
588,110
532,000
592,960
East Indian...
Total. I
5,857
744,699
London, Oct. 31.—The cotton trade has been dull during the
week, and the tendency of prices has been downwards. Annexed
are
the
particulars of imports, deliveries and stocks
:
1872.
Bales.
1873.
Bales.
1874.
Bales.
368,181
255,370
181,552
Deliveries
304,987
223,578
280,607
202,693
257,525
Stocks, Oct. 29
Imports, Jan. 1 to Oct. 29
109,153
month.
Oats have
materially advanced, and yesterday there was great
activity at 64(g64^c. for mixed in store, and 65@65|c. afloat, with
prime white selling at 66(?66ic, The trade bought freely, and
there was some speculation. To-day, prime mixed sold at 65£c.
for State and 66c. for Western, but the close was quiet.
The following are the closing quotations :
Flour.
Grain.
$ bbl. $3 40® 3 85
Superfine State and West¬
ern—
4 10® 4 50
Extra State, Ac
4 85© 5 00
Wheat—No.3 spring,bush.fl 04® 1 Otf
No. 2 spring
1 G7© 1 13
No. 2
Western
BRE ADSTUFFS.
-
Wheat
extras
*
Friday P. M.. November
Spring
do XX and XXX
do winter wheat Xand
XX
..
13, 1874.
No. 1
spring
1 17® 1 20
Red Western
1
Amber do
1
White
1
Corn-Western mixed, old
White Western
1
Yellow Western
...
4 80® 5 15
5 25® 9 00
89®
92
00® 1 03
®
95
5 25® 8 00
opened the week with indications of con¬ City shipping extras.
Southern, white
®
5 00® 5 65
siderable strength, a fair degree of activity, and firm prices—nice City trade and family
Rye
92#® 94#
brands.
6 00® 7 50 Oats—Black
12®
64
lines of shipping extras bringing in fact rather more money, with Southern bakers’ and fa¬
Mixed
64®
66
White
65®
67
mily d rands.
7 00® 8 00
several thousand bbls. taken at $5@5 10 ; but on Wednesday an
Southern shipp’g extras.. 5 25® 6 50 Barley—Western
1 85® 1 45
unsettled feeling was produced by the dulness and depression Rye flour, superfine..
Canada West
1 55® 1 60
5 00® 5 85
Corn
State
1 82® 1 45
which prevailed in the wheat market and by the free offerings of Corn meal—Western, Ac. 4 25® 4 75 Peas—Canada
1 10® 1 80
meal—Br’wine. Ac. 5 00® 5 10
scratched f* extras—flour that was made to pass extra in this
The movement in breadstufls at this market has been as lolmarket, but would not take the side brand, and which could be lows:
EXPORTS PROM NEW YORK.—
/——RECEIPTS AT NEW YORK.
had at $4 25@4 40, as superfine ; a prime line of 700 bbls. sold at
-1873.
-1874.Since
1874.
For the
Since
For the
Since
For the
8inca
Jan.
$4 85. The export demand for good extras from winter wheat
week.
Jan. 1.
week.
Jan. 1.
week.
Jan. 1.
1, 1873.
has continued brisk at $5 50@5 75, but they have latterly been
34,652
1.847,991
48 590 1,891,584
Flour, bbls. 88,244 3,434,594 2,947,029
2.699
158 457
C. meal,44
2,543
155,653
1,054
153,834
193,561
steady. Rye flour has recovered the recent decline, and Wheat, bus. 734,240 37,772,110 28,396,376 846,265 82,148,761 949,175 23,261,70*
barely
corn meal has been more active.
The receipts of wheat flour at Corn, 44
423,042 27,285,315 22,923.967 159,152 17,475,932 891,773 13,146,517
23,122
958,472
2,928
584.465
Rye,
44
23,711
536,704
917,865
the Western markets show a considerable falling off from last
40,048
3,000
♦Barley 44
157,665 1,895,740 1,937,833
2,000
85 512
Oats ...“
3,412
108,382
272,264 9,592,983 10,105,809
year.
Yesterday, shipping extras were firmer and fairly active.
♦ In44
Receipts at New York1* includes also malt.
To-day, the market was firmer but quiet.
The following tables show the Grain in sight and the move¬
The wheat market has been inactive, with prices unsettled.
An effort, which was made early in the week, to force a specula¬ ment of Breadstuff's to the latest mail dates:
tive advance, was unsuccessful, from the fact that a slight receipts at lake and river ports for the week ending
NOV. 7, AND FROM AUG. 1 TO NOV. 7.
advance was found to impose an important check upon the export
Oats.
Corn.
Barley.
Bye*
Flour. Wheat
bush.
bush,
bush.
bush.
movement.
The milling demand, however, has been very good,
bbls.
bush.
(196 lbs.) (601bs.)
(56lbs.) (H21bp.)(481bs.) >6 lbs.)
and winter wheats are higher.
This is especially true of choice Chicago
12,487
186,264
33,289
881,080
165,520 172,897
5.955
17.420
14,650
34,573
421,600
amber, which has sold at $1 28. Some business has been done Milwaukee
850
867.143
Toledo
164,715
28,049
in Canadian winter wheat, in bond, at $1 22@$1 23 for prime Detroit
423
5,070
11,473
18,058
169,825
900
12,500
20,160
Cleveland
24,850
20,700
red, and $1 23@$1 25 for fair white. The sales of spring wheat St. Louis
5,019
33,612
56,196
47,690
116,569
35,410
0,700
4,560
42,000
23,100
have been mainly at $1 05@$1 08 for No. 2 Chicago and North¬ Peoria
9,900
Duluth
27,853
western, in store and afloat, $1 09@$1 11 for No. 2 Milwaukee,
29,144
Total
329,295 233,069
139,910 1,312,242
674.891
and No. 1 Spring, $1 18@$1 20, afloat.
Receipts at the West Previous week
5 9,201 352, If 8
45,717
145.927 1,128,682
739,760
541.221
27,960
246,615
show a considerable falling off; prices are evidently unsatisfac¬ Corresp’ng week,’73. 140,025 1,797,099
811,629
32,544
’72.
417,262 353.035
131,190 1,511,693
546.069
57,006
tory to the farmers. Yesterday, there was a firmer feeling, but
’ll. 144,755 1,146,645 1,233.617
891,813 210,543
309.302 104,782
’70. 155.455 1,184,670
28,723
349,910
no decided advance,
except in white wheats. To-day, No. 2
28,288
’69
426,227 212,862
197,481 1.695,418
371,129
482.838
Aug.
spring was active, at $1 07@$1 09 for Chicago, and $1 12@$1 13 Total time 1 to date. 1,6K8,847 27,436,549 14,261,155 9,750,610 2,907,484 778,378
The market for flour
—
...
-
20® 1 25
27® 1 30
27® l 40
"
/
v
.
.
.
.
.
....
....
....
„
for Milwaukee.
t
[We are in
in which he
receipt of a note from a subscriber, at Cincinnati,
points out an error in the statistics of the visible
Same
1873-74. 1,789,302
Same time 1872-78.. 1.708,778
Same time 1871-72.. 1,985,387
♦
Estimated.
32,788.223 23,661,932 9,678,508 2,630,151
84,885,959 28,719,0«8 9.255,987 4,924,828
781,136
25,722,383 17,382,595 12,833,164 3,867,228 1,715,920
Flour and Grain from
of
{SHIPMENTS
the ports of Chicago,
Louis, Peoria and
and from January
Milwaukee, Toledo, Detroit, Cleveland, St
Duluth, for the week ending Nov. 7, 1874,
1 to Nov. 7:
Corn,
Oats,
Barley,
bnsh.
bnsh.
hush.
bush.
bush.
1.151.437
1.7*8,167
bbls.
98,813
137,116
766.616
415.112
317,680
233,673
439.491
170,199
135,398
11,890
130,592 1,736.288 1,176,053
927,290
Corresp’ng week 1872 135.928 1,225.298
860,185
Corresp’ng week 1871 100.481 1 042,811
579,105
Corresp’ng week 1870 149,862 1,585,230
Total Jan. to date.,.. 4,912,554 55,967 394 41,369,727
Same time 1873
5.447,252 50,186,685 46,837,010
Same time 1872
3,911,638 27.183,495 83,862,132
Same time 1871
3,960,370 34,613,473 45,236,143
Correerp’ng week 1878
RECEIPTS OF
7, AND
NOV.
Flour,
123,701
298.415
120,117
45,326
321,119
114,018
45,708
81,756
.
Philadelphia
297,406
25,825
609
23,602
3,000
136,831
86,800
42 200
60.900
73,824
30,206
19,500
•
6
33,009
13,672
..
..
..
1,476,086
.Tan, 1 to date..9,137,591
time 1873
8.118,366
time 1872
6,35<',350
time 1871
7,914,792
The Visible
695.711
213.410
693,323
419,471
310,256
19,836
55,496
2,900
8,775
51,069
2,229.660 831.997
2.605.689 1036,495
3,479,384 475.389
38,280,808 18,007,512 2,761,869 1018,750
Grain, including the stocks m
55.755,365
42,376,956
19,467,978
37,440,893
Supply
tions
11,525
18.358
642,270
1,024,574
648,112
1,175,105
1,273,595
1,261,441
1,679,543
500
the most part weak, with reduc¬
Drills sell moderately in a
jobbing way, but there has been only a limited movement in blue
goods for export trade. Colored cottons have been quiet, though
there is still a moderate business in fancy shirting stripes and in
cottonades, the latter being taken by clothiers. The print market
is not very active, and prices are easing off with a view to clear¬
ing out the stocks that remain in first hands while there is an
outlet. The trade has picked up somewhat at the reduction, but
excepting the best styles there is still a lack of real activity.
Other lines of cottons are selling to a limited extent, as the retail
stocks require replenishing, and are mostly unchanged, except
lar, and shirtings have ruled for
....
597,169
610,837
1,243,301
249.597
249.928
254.528
1,500
•
Goods.—Brown goods have ruled steady
since our last report, and there has been a fair business done on
direct purchases by the local and near-by trade, and on sorting up
orders from the more remote sections. The latter promise to con
tinue to come in steadily, up to the close of the season. Bleached
cottons have alse moved fairly, but the market has been irregu¬
Domestic Cotton
34,031
716,589
273,0*1 -1,-241,091
.
....
290.493
502,492
673,851
..
....
2,465
125,500
312,364
277,182
250,125
425,303
1.005,057
1.781,420
.
«...
...
7,4e0
237,752
..
32,011
136,031
14,500
15,666
.
284.327
270.294
..
bush.
bush.
28.922
9,501
.
Rye,
Bariey,
24 430
.
Total...Previous week
Week Obt. 24
Week Oct. 17
Week Oct. 10
Week Oct. 3
Cor. week ’73
59,710
7.
NOV.
20,863
.
Baltimore
New Orleans
bush.
8,548
8.761
Portland
Montreal
Oats,
bush.
305.191
699,048
63,517
.
PORTS FOR TUB
1 TO
Corn,
bush.
38,588
47,306
15,419,285 2,511.364 2,861,683
19 983,751 3,453,055 1,266,051
17,305,685 4,766,528 !,h'5,769
15,486,971 2,926.608 1,283,456
FROM JAN.
Wheat,
bbls.
At—
New York
Boston
6,542
395.362
579.488
FLOUR AND GRAIN AT SEABOARD
WEEK ENDING
Rye.
Wheat,
Floor,
Weekending—
Nor. 7, 1874
Oct. 31, 1874
Total
Same
Same
Same
[November 14, 1874.
THE CHRONICLE.
510
of
46,741,419 17,815,801
41,160,794 19,919.089
05,575 024 19 876.114
principal points of accumulation at lake aiul
ports, in transit by rail, on the Lakes and on the New
granary at tho
seaboard
York canals, was, on
Nov. 7,1874:
In store at New
Barley,
Corn,
Oats,
bush.
bush.
bush.
3,680,141
1,727,540
974,722
41,000
236,509
18.000
187.057
1,149,7»7
309,201
510,933
1,493
48,843
415,583
34,283
117,; 85
327,000
185,938
274,830
76,985
2,027
56,335
Wheat
hush.
York
In store at Albany
In store at Buffilo
In store at Chicago
In store at Milwaukee....
In store at Duluth
In store at Toledo
In store at Detroit
In store at Os wego*
In store at St. Louis
In store at Peoria
In store at Boston
In store at Toronto
In store at Montreal,
...
In store at Philadelphia*.
..
In store at Baltimore.
Lake shipments. —
•
.
•
•
•
•
.
*
*-
•
•
113.000
669
•
...
366,887
198,924
37.233
115,077
11,360
700,000
100 000
55.000
8,932
66,753
70.981
339,225
•
.
•
•
•
70.575
53.936
"31,978
14,298
.
•
.
•
•
258,000
245,188
190,000
•
a
15,000
135,000
80,857
680,721
75,895
1,309,930
.
•
379,519
1,989
•
152.802
1,132,139
Rail shipments
On N. Y. Canals
10,615,753
Total
Total in store & in transit Oct. 31, ’74 10,246,106
44
Oct. 24, 74 10,226,719
’
It
Oct. 17, 74 11.102,750
44
Oct. 10, ’74 10,588,098
(4
Oct. 3, ’74 9,128,406
5,183,394
4.924
75.000
125.000
5.000
28,000
221,079
96,611
277,000
2,947,491
2,869,154
are
quiet.
1,964
20.217
57,478
•
dull and easier.
Goods.—There has been a moderate busi¬
ness doing in woollens, chiefly in consequence of the reductions
that have been made by agents for the purpose of clearing out
The prices accepted have been low, but the advan¬
their stocks.
tage that will accrue to the trade by having small stocks carried
over into the new year will probably more than offset the losses
they have submitted to for the purpose of moving the old stock.
Fine grades of goods have moved moderately to the tailoring
trade, but there has not been a very active sale. Fine overcoat¬
ings are selling fairly, and rule firm. Worsted and immitation
worsted suitings have sold in a limited way at cemparatively
steady rates. Flannels and blankets continue to rule firm, and
the market is unchanged.
Worsted dress goods still sell in a
jobbing way to supply the running wants of retailers, and the
principal makes have been well cleared up. Hosiery is steady,
with a light demand for merino underwear.
Knit goods are
which
Domestic Woollen
122,150
31,464
•
brands.
several prominent
Canton flannels,
100,000
757,440
....
.
254,240
on
steady jobbing movement in gen¬
eral lines of dress goods, and the market is not materially altered
from our last report.
There has been but little done from firs
Goods.—There is
Foreign
a
hands except through the medium of the auction houses. Dress
silks still sell fairly, and there is also some movement in mil¬
76,033
94,166
385,479
linery goods and ribbons, but tbe latter is mostly in sash widths.
Velvets are not active. Foreign woollens are quiet, and tbe
2,351 817
1,913,407
1,495,440
market is
Jobbers are moving limited amounts of
unchanged.
suiting materials, and also of overcoatings, fine grades of the
latter in chinchillas and fur beavers being most in request.
2,798,644 1,242,189
949,906
2,867,817
The importations of dry goods at this port for the week ending
765,497
2,303,214
Nov. 12, 1874, and the corresponding weeks of 1873 and 1872
cor. week, ’73 9,073,617 9,920,664
3.045,251 2,039,940
have been as follows :
The visible supply of rye at the principal points, Nov. 7. 1874, was as fol¬
lows: New York, 16.123 bush; Albany, 8,000; Chicago, 52,710; Milwaukee,
ENTERED TOR CONSUMPTION FOR THE WEEK ENDING NOVEMBER 12, 1874.
3.386; Toledo, 666; Oswego * 8,500; St. Louis. 13,660; Peoria, 35,450; Boston,
1,956; Toronto, 1,045; Philadelphia,* 5,000; Baltimore, 1,500; rail shipments,
1872
-187318746,542— total, 154,538 bush.
Value.
Pkgs.
Pkgs, Value.
Pkgs. Value.
14
44
i 4
«•
4,681,619
4,945,795
5,503,133
5,787.814
5,725,522
2,864,246
“
“
"•
>
*
Friday, P. M., Nov. 13, 1874.
are
over,
414
dry goods. 321
The Southern trade has materially improved,
orders coming in for fair aggregate amounts of the
interior markets.
are
300
405
345
291
87,944
$683,321
silk
flax
Total
$125,748
97,275
146,057
76,013
78,011
558
463
774
495
319
1,633
$195,526
115,206
174.401
110,244
4.‘18
198
$523,134
2,629
292
and the excitement attendant upon them has
^abated ; there is more thought of business both hero and in the
and there
%
1,856
do
do
Miscellaneous
THE DRY GOODS TRADE.
Elections
485
Manufactures of wool.
do
cotton..
Estimated
—
$223,214
*
172,016
375,134
107,921
90,510
$969,425
N INTO THE MARKET DURING THE
D.
Manufactures of wool....
525
silk
flax
497
$222,955
247
cotton..
do
do
do
1,856
683,321
$203,069
224
114
74.808
108,227
76.843
257
100
278
569
66.007
120,198
69,727
502
201
67
487
692
$203,425
57,507
88.529
113.959
staple goods. The cooler weather that we have had for the Miscellaneous dry goods. 136
47,730
39,879
12,153
past two days has a beneficial effect upon the local distribution,
1,682 $493,880
1,949
$511,150
1,265 $494,086
Total
2.629
and as retailers here, as elsewhere, carry light stocks, the outlook
969,425
523,134
1,633
Addent’dforconsumpt’n 1,856
683,321
is favorable for a more liberal jobbing trade at an early day.
3,315 $1,022,014 4,578 $1,480,575
Total thrown upon m’k’t. 3,121 $1,178,307
Indeed, the trade, as the rule, seem hopeful that the season will
ENTERED FOB WAREHOUSING DURING SAME FEBIOD
close with rather more than the average business doing. Prices
792
377
$319,133
$218,073
$161,175
Manufactures of wool.... 482
337
107.202
239
65,248
86,010
do
cotton.. 216
are not unusually irregular for this period of the Beason, and thb
201
97
158.088
81,407
111,745
do
silk
115
755
161.899
453
113,581
98,009
cutting that is going on in some lines is a feature that is usual at
do
flax..;.. 451
171
150
28,335
26,121
49,987
the close, and does not have the depressing effect that similar Miscellaneous dry goods. 138
1.316
action exerts at the opening or during the earlier part of a season.
Total
1,402
$534,768
2,256
$796,309
$454,883
more
The finances of
the trade
seem
to be in
as
favorable
position
further serious
a
weeks past, and we fail to learn of any
troubles either here or in the interior. There have been
as
for
some
some
troubles in other trades this week, and it is possible that as the
toward its close, the maturing of outstanding
be the means of cramping some houses in the trade,
Add eut’d for consumpt'n
Total entered at the port. 3,
expected that there will be any serious difficulties,
and everything looks more hopeful for a better showing at the
end of the year than was anticipated a few weeks since. The
price fluctuations have not been very important since our last,
but axe wholly in favor of buyers
523.134
2,629
3,889 ;$1,319,443
969,425
3,945
1*638
vVe annex a few particulars of leading articles of domesiic
manufacture, our prices quoted being those of leading jobbers : 4
Cotton Sail Duck.
year progresses
paper may
but it is not
$1,218,089
.
Woodberry
and
Druid
No.
8
9/
No. 10
No.
Mills.
No. 0
42
No, 1
40
No. 2
No. 3
38
36
No, 4
34
No. 5
No. 6
32
80
26
24
22
No.7..-,
•••••*«•«
28
Light duck—
Bear (8oz.) 29 in..
do heavy (9oz.)...
18
21
Mont.Ravens 29in.
do
40in.
20
23
Ontario and Woodberry
USA Standard 23% in.
do
8 oz.
do
9 oz.
do
10 oz.
do
12 oz.
do
15 oz.
Ontario Twls, 29in.
do
36in.
22
■24
Ex twls’Ttlhem’s”
13
26
31
38
18
23
November
:
14,1874.]
HAY-
UENGftAL
.
....
Amerlcan dressed
2 EO
@
COAL,—
Auction sale of
16X0
18
16X
m
.gold.
0
gold.
.gold.
gold.
Native Ceylon
Maracaibo
19X
Lavuayra
St Domingo
16X@
19X
19*
Savanilla
Costa Rica
COPPER—
Bolts
18
MM
'MX
fa
16^^
gold.
16
gold.
17>$@
Si
30
32
Sheathing, new (over 12 oz;
Braziers’(over 16 oz.)
American Ingot, Lake
COTTON—Bee special report.
17
@
19*
20
@~
@
2%
23
*•
••
“
“
B| chro. potash, Scotch
Bleaching powder
“
"
32H
■4X
2 50
Brimstone,crude,in store....
Brimstone, Am. roll
.....Vis
Cimphor, refined
Castor oil, E.l.lnbond, V gal..gold.
Caustic soda
Chlorate potash
“
Cochineal,Honduras
**
••
Cochineal, Mexican
Cream tartar
**
“
...
24
77
4
...@
47
@
43
@
@
Cubebs, East India
Outch
Gambler
5 00
16
2 62X
® 36 50
3
@
25
@
&
87X3
.
Ginseng, Western..........
Ginseng,Southern
"
cnr
...
"
“
Jalap...
Lac dye, good A fine
Licorice paste, Calabria
Licorice paste, 8Icily
gold
Madder, Dutch
gold
“
Madder.French
Nntgalls, blue Aleppo
Oil vitriol (66. degrees)
tnicksllver
ulnlne.
17
6X0
6X0
8ngar of lead, white
Vitriol, blue.common
gold
@
15
fa
@
do
Layer,new
do
8altana,n°w.
do
Valencia, new
do
Loose Mnscatel, new
Currants, new
Citron, Leghorn
do
English
Prunes, Turkish, new...
295
5 75
@
@
800
@
..A
33 @
12X@
16
mu
8 85
Peaches, pared. Georgia, prime, new
N.C
,
good to prime
unpared, halves and qrs.
Blackberries, now
Raspberries, new
Cherries, pitted, new
.
.
Plums
sg
17«
29
SO
7
fa
@
9X*
34 @
29 fa
16 @
new.
American
steel, foreign
do
LEAD—
Ordinary foreign
Domestic
S9«»
@
?sx
4X@
5
@ 48 CO
•
•
0 90 00
0 80 00
•
11
0 4 25
0 8 75
V 100 lbs, gold 6 75
*•
•
@
.0
••
6 80
6 35
0
8*
26X0
■i 5X0
2»X
...
Hemlock. Bnen, A’res, h.,m.A 1
“
California, h., m. A 1
“
comm’n hide, h., m. A1
■
30
25
0
29
27
0
3.7
rough
0
0
0
29
36 X
si
86
0
37
@
0
0
42
43
50
48
58
60
65
73
23
32
Cuba, clayed
cnba,centrifugal and mixed
Cabs, Muscovado, refining grades.
do
do grocery grades,
33
37
40
42
Barbadoes
Demerara
Porto Rico
@
ft gal.
45
45
45
60
"
70
@
N.Orleaup, old
new
0
0
fa
gold.
Tar, Washington
Tar, Wilmington
Pitch, city
2 50
@
V gall.
35X@
2 80 @
3 00 @
2 6>X@
4 5') ®
pale
pale
6 50
Filberts, Sicily
do
Barcelona
Brazil nuts
Walnuts, Bordeaux
do
Naples
do
Grenoble
@
0
@
0
@
8
0
&
fa
@
@
ll
do
0
9X0
.
•
0>
25
.
Ivlqa
21
21
29
Shelled
Princess
V bbl.
per
OIL8—
Cotton seed, crude
Olive, in ca^ks V gall
0
0
0
jg
S
0
@
_
fa
10
13X
nx
10
I 60
2 50
I 75
21X
21X
21X
2 50 @
Si
30 X
7 00
8 00
7^®
9*
6 (0
0
0
@
0
@
»
1 27!
Linseed, casks and bbls
Menhaden, prime L. I. Sound
78
41
@
Neatstoot
85
70
@
@
@
7>]
42
1 15
75
65
115
195
@
^
Whale,bleached winter
Whale, Northern
Sperm, crude
Sperm, bleached winter
Lard oil. Winter—
Oil* C ARB-
fa
112
City, barreled
51
do
,@
..
27
cur. 4<i 5J
@
@
2('
shipping order
Refined, standard white
Naphtha, City, bbls
Z
10X
PROVISIONS—
Pork mess
•
Pork, extra prime
Pork,prime mess ...
Bee!, plain mess, new
Beef, extra mesp, new
Reef hams
H’.ms. smoked
V bbl. 19 75
••
M
“
**
V lb
16
19
10
11
21
50
25
01
50
00
A
....
@ 17 50
0 20 25
@ 11 <0
@ 13 01
@ 23 CC
fa
15X0
L-ird, steam
RICE—
Carolina, fair to choice
Louisiana.
Rangoon, in bond
Nutmegs, Batavia and Penang..
Pimento, Jamaica
Cloves
do ntems
@
@
42
17
SPIRITS—
Brandy, foreign brands
V ga!’.
Rum—Jam.,4th proof
St. Croix,Sd proof
Gin,Swan and Swallow
Domestic liquors—Cash.
Alcohol (88 per ct) C. A W
Whiskey
“
**
”
cur
3
3
8
3
3
S
gold.
o5
@ 15 00
@ 5 50
0 8 65
@ 3 25
75
75
45
45
15
V sack.
V ft
gold
“
12X@
..
0
2X9
1 92*
1 to
@
0
@
...
...
English, cast,2dAlstquality
ft Tb
English, spring,2d A 1st quality
English blister, 2d A 1st quality
Envllsh machinery
English German,2d A lst quality....
17
0
8 @
12 @
12X0
l.’X®
American blister
American cast, Tool
American cast spring
@
@
0
0
American machinery
American Garruar
spring
0
SUGAR—
7
Cuim.inl.to com. refining
do fair to good refining
do
do
do
do
0
0
3
prime, refining
fair to good grocery
pr. to choice grocerv
centr.bhds. A bxs, No. F013..
8X0
8X0
Molasses, hlids A bxs
7
0
5
0
'O#
7X0
8*0
3X0
»V}yJ
do 10012
do
do
do 18015,
do
do
do 16018
do
do
do 1P@J0
do
do
white
do
do
Porto Rico,refining, com to prime,
do
grocerv. fair to choice..
ifX@
9X@
7X®
8X@
....
Brazil, bags. D. S. Nos. 9011
Java, do. D.S., Nos. 10012
7X0
10X0
il’X0
U’X®
Manila
DeHned—Hard, crushed
Hard, powdered
V&
HX0
10 ®
9X
9X0
9X0
8 @
9X
9X
....
9
9
8X
.@
3X0
...
28 0
cur.
35
40 @
0
@
55
70
85
40 0
65 @
1 P5 @
f8
85
1 20
36 0
45
60
75
..
Sup. to fine
Ex.fine to finest
Choicest
Imperial. Com to fair
i.o
Sun. to flpe
do
Extrafinetoflnest
Hyson Skin. A Twan.. com. to fair.
do
do
Snp.to fine
do
do
Ex fine to finest
35
0
0
E5
75
20 @
22
60
a
26
Nominal.
87 0
45
24
0
....
0
85
26 @
3‘j @
28
25 @
8H @
E0
65
do
Superior to fine
do
Ex fine to finest
do
Choicest
Bouc. A Cong.. Com. to fair
do
Snp’rto fine
do
Ex. line to finest
TIN-
4s
65 @
75
85 @ 1 00
.
85
80
60 0
..
„„
_
gold.
“
“
"
“
C.charcoal
0
It5
28
40
Oolong, Common to talr^*,
Plates.char. terne
60
85
1 25
65
Ex.fine to finest
Banca
0
@
@
E0
Unco1ored Japan,Com.to iair
do
Sup’rtotlne
Straits
English
PIates. T.
UX
H@
centrif...
do
do
do
do
10X
10X
10K@
do
granulated
do
cut loaf
Soft white, A standard
do
do
off A
White extra C
Yellow
do
Other Yellow
TALLOWPrime city, * ft
21 3
....fa
9 5fi @
8 50 0
TOBACCO—
Kentucky lugs, heavy
“
leaf,
“
11X@
13X®
&5
leaf—Connecticut wrappers’73
@
Conn. A Mass, fillers.’73
“
18
sn
22
28
47
33 @
27 0
23
Common
91
South Am. Merino unwashed
Cape Good Hope, unwashed
Texas, fine
Texas, medium
Oil
32X@
33 0
^
82
15
gold.
V
V bbl.
.Vton.
•
■
“‘Beef’'...
Vbbl.
d.
v.
d.
5-160
%
2 6 0....
23 0 ®30 0
!() 0....
5
5
'6
8
:
1
SA1L.-
•STKAM.-
8.
f
@
0
8X»
V ft,gold,net
Com.b’lk A bgs. V hu.
Wheat, bulk A bags..
Pork......
@
40 @
83 0
Fine. unwashed
Medium
Cotton
Flour
Heavy goods.
0
43
51
Vlb
American,Combing
Extra-Pulled
No. I, Pulled
California. Spring Clip-
FREIGHTS—
87 X
2 85
12X
43
8TEBL—
To Livxkpool:
TnrksTaland
Sr. Martin’s
Livamoo' .various sorts
8ALTPETRE—
1 25
115
@
18
gold——,
....
**
....
@
.
ZINC—
Sheet
&
11X
1 12X@
12 @
Smyrna,unwashed
6^0
7
26
11
I 15
*•
Crude, in bulk
27X
24X
11X@
WOOL—
American XX
American, Nos. I A 2
•Crude in
....
&
24
...
Batavia
Pennsylvania wrappers.’72
Havana, com.to fine
Manufac’d.in“ bond, black work
bright work
gold 46 00
21X
21«^@
.....
do
Calcutta
Mace
Seed
1 15
5(0
5 00
<&
6
Gunpowder, com to fair
nx
11Y
8X
43
Ill
]
@
@
65f@
gold
white
ilyson. Common to fatr
do
Superior to fire
Extra fine to finest
do
do
Choicest
Yonng Hyson,Com. to fair
do
Super.iu flue
do
Ex. fine to finest
do
Choicest
@
@
625
5 80
@
cnr.
Western, ft lb
NAVAL 8TOBES-
Nitrate soda
25
75
50
25
6
4
4
4
Melado
cur
Bar, sheet Apipe.discount 10 V cent
Crude
2 07X9
2 40 @
Ginger African
fa 55 GO
LEATHEB-
do
Silesian
Domestic
SPICES—
....
f0 00
gold
American
Refined, pure
Shipping V 25 ft keg
car.
15
Patna
SALT-
fa
GUNPOWDER-
do
do
do
Western
oirVNTFtf.—■report uuaer Cotton.
Min. A Blasting...,,,...., •
Hoop
Sheet, Russia, as to assort
gold.
Sheet, single, double A treble, com.
Ralls,new,English
gold
PETROLEUM-
French
13 @
7^@
20
Figs, new, drums and layers
16x@
Canton Ginger
V case. 7 25 @ 7 50
26
Sardines, V hi. box.
?
cnr.
24 X®
15
8trdlnes, 4> nr box
“
14 fa
Macaroni, Italian
11Xfa
12X
Lemons. Malaga
5 00 ® 6 0)
4 00 @ 6 00
do
Pa ermo a.id Messina
Domestic Dried—
7X@
Apoles, Southern, sliced, new
5 @
do
“
quarters, new...
7X@
do
Ptate, sliced
.
7 @
do
Western, quarters
do
Dates
@ 42 00
G* 25 00
Store Prices,
140 CO <a.i4» (0
90 00 @130 00
97 50 @155 00
bush.
OAKUM, navy to best quality... V ft.
17
@
22
nominal 37 00
Hlc^orynuts
@
8 75 @
25
@ 28 00
@ 26 00
Scroll
Chestnuts
@
@
*-
@
@
27 re
25 00
22 00
Bar, Swedes, ordinary sizes
do
do
do
@
FLAX—
do
Pig, American, No. 1
Pig, American, No.2
Pig, American, Forge
Pig, Scotcn
do
Virginia, new
A'monds, Languedoc
do
Tarragona
9X0
V ft
15
-
.
George’s and new Grand Bank cod 6 00 @ 6 50
Mackerel, No. 1, shore, new
13 00 @ 14 «0
Mackerel, No. 1, Bay, new
11 00 fa 11 50
Mackerel, No. 2, shore, new
’.0 00 A 10 50
Mackerel, No. 2, Bay, new.
9 50 @ 10 00
North River
45
25
@
...
Pecans
KISH—
FRUIT—
Raisins, Seedless
@
@
12
pean uts.* Ten n essee. *n omi nal
do
Wilmington
do
gold. 1 58 fa
90
1 62
72
2 25
19
33
is
18
18
extra
81Xfa
cur
,
12]
NUTS—
@
@
gold. 7 50 @
hubarb, China,good to pr....V ft.
gold
Sal soda, Newcastle
Shellac
Soda ash, ordinary to good
.V ft
English
••
14
2
Opium,Tuncey,In bond
Prusstate potash, yellow
16
181
16
13
n
12
23]
16]
13]
12X0
Bavarian
5&@
0
—@
16 @
@
29 @
25 @
*•
Rosin com. to good strain’d V bbl.
“
No. 1
“
No. 2
@
...@
gold.
....
“
Spirits turpentine
8
i
*•
Oak. rough
Texas, crop
MOLASSES—
DRUGS A DYE8—
gold.
....
....
Slaughter crop
22X3
Alum, lump
Argols,crude
irgols,refined
Arsenic, powdered
Bicarb, soda, Newcastle
*•
@
@
@
@
0
@
@
@
@
@
15
"
@
18
Vft
Cassia,ChinaLignta
Belgian
•
23
gold.
gold.
gold.
“
••
American crop of 1873
American crop of 1872
....
17
do
do
Java.mats and bags
18
!i
HOPSAmerlean crop of 1874
47X® 5 5C
5 22X®
5 67>*@ 5 70
6 :5 @ 6 20
5 00 0
9 50 @ 12 CO
17 00 @ 18 00
@
19X0
20X0
24 @
good,
prime,
“
“
9
8 00
1 85
2 10
2 42X
SPELTER—
do
16
Calcutta, dead green
Calcutta, buffalo
5
8,000 tons chestnut
Liverpool gas cannel
Liverpool house cannel...
COFFEE—
ttto, ord. cargoes, 60@90days, gold.
do fair,
do
gold.
22 @
19 X0
18 @
no....
T8atleerNos.l to 4
Pepper, Sumatra
do
Singapore
21X@
cur.
IRON-
26.000 tons stove
0
A..1,stock—Calcuttaslanght... gold
Soranton, Oct. 28:
5,000 tons steamboat.....
13,000 tons grate
8,000 tons egg
26X
24
...
...
15
0
0
@
24X0
Bahia,
do....
Dry Salted—Maracaibo, do....
Chill,
r?o....
do...,
Pernambuco,
Matamoras,
do....
Bahia,
do....
Wet Salted—Bnen. Ay, selected
Para,
do
California,
do....
do
Texas.
15X
13
,
do....
do....
M&raealbo,
45
43
86
85
14X@
State dairies, fine
?5
9x@
2 75 @
180 @
SILK—
Taysaam,Nos. 1 A2
Canton, re-reeled No. 1
do....
California,
do....
Matam. andMex, as they run
....
Welsh tubs,
“
Half firkins (Western)
Welsh tubs
“
CMKKStt—
gold
V ft.
V tath.
Timothy
Hemp, foreign
Flax, rough
Linseed,Calcutta V56ftgold (time).
Tsatlee, re-reeled
4@
23
Montevideo,
Corrientes,
Bio Grande,
Orinoco,
....
0
0
@
0
“
.Dry—Buenos Ayres, selected.
.
23
23
19
19
5X0
HIDES—
....
BUTTER—(Wholesale Prices)—
Half flrkin8(Kastern.)
....
ltaltau
Manila
Sisal
Jute
7 75
Croton
12 00 fa !4 00
Philadelphia
28 (0 0 82 00
Cement— R>sendaie.
.@ l 80
Lime— Rockland, common
1 10 fa l 85
Rockland, finishing.
l 60 @ l 35
Lumber—toother a pine
25 JO @ 35 00
White pine box boards
19 00 @ 25 00
White pine merchan. box boards. 44 00 @ 80 00
Clear pine
65 00 0 75 00
Oak and ash
50 00 @ 60 00
Blackwalnut
100 00 @130 00
Sornce boards A nlanks
22 00 @ 28 00
Hemlock boards A planks
18 00 @ 21 00
ifaH9-lQ@60d.com, fen A sb.V keg 8 60 @ 3 75
Clinch, IS to 3 in. A longer
5 50 @ 6 50
Sdflne
6 00 @
Cut spikes, all sizes
400 @
raints— Lead.white,Am,pure, in oil
11 @ ...
Lead, wh., Amer., pure dry
9X® ....
Zinc, wh., Amer. dry. No. 1
7 @
12
Zinc, wh., Amer.. No. 1. In oil
HX@
Paris white.English, prime gold... 1 80 0 2 CO
..
SEED—
Clover
60
@
....
V ton. 220 00 @280 00
...,@
gold.220 90 @230 00
*• 3J0 00 <&280 00
filb “
7X®
8X
Russia,clean
6X0
BUILDING MATERIALS—
Bricks—Common hard, afloat
do
do
r
,
shipping
American undressed....
.
511
HEMP AND JUTE-
BREADSTIJFFS—8ee special report.
do
do
-
North River,
PRICES CURRENT.
ASHES—
Pot..
fiHRONIOLE.
THE
s
d.
....
....
8
0
fa
@
0...
® 5X
0...
15 0
0
5
5
4 0
0....
8 0
0
0
0
0
0
(t.
X
2 <T
20 n
• • • •
Mil
•
.*«
Mil
i]
TEE CHRONICLE
512
Commercial Cards.
Everett &
66
State
Financial.
The
Co.,
HEARD
Sc
HEAD OFFICE
chandlze.
nn,vrn
•
Fabbri &
48 South
MERCHANTS,
Street, New York,
| Needle street1011 Lane)’ Thread*
{No. 34 OidBondStreet
I N os. 159 & 160 Tottenham Court Road,
i
j
1
Subscribed Capital
Paid-up Capital
KENDALL
Sc
•
-
£1,200,000
-
LONDON CORRESPONDENTS
CITY RANK, Thread needle Street.
Hilmers
PItEVOST
LIMA AND
.Messrs. JNO. W.
Reserved Fund
CO.,
-
CO.,
-
-
600,000
-
-
FOREIGN EXCHANGE
54 Wall
170,000
-
CATER, SONS Sc CO.,
John Jones, Esq., Chairman.
Henry Vigurs East, Esq., j<oacmin De Mancha, Esq.,
William Simpson, Esq.,
Jonathan Tharp, Esq.,
James E. Vanner, Esq.,
George Young, Esq.
H.
Andrew Lawrie, Esq.,
Robert Llovd, Esq.,
Wm .McArthur.
Wm. McNanghtan, Esq
Esq^M.P.,
Messrs. JNO. W. CATER Sc
CO.,
LIVERPOOL, ENGLAND
of approved
J. Morse & Co.,
-BANKERS,-
MANAGER—Alfred George Kennedy.
66 BROADWAY & 19 NEW STREET
SECRETARY—C. J. Worth.
mer¬
New York.
chandise to the above houses.
Messrs. Prevost & Co., Iquique, are prepared to give
Special attention to everything connected with the
Soda.
JEWELL,HARRISON
COMPANY.
LARD
PURE
PACKER
FOR
Accounts
opened with approved American and other
Foreign Firms or Banks, at snch moderate rates .of
Commission as shall be considered consistent with
sound mutual advantage.
The Interest upon snch
accounts is calculated at current rates on daily bal¬
ances, and is made up on the 30th June and 31st Decem¬
ber in each year.
Demand Cheques and Exchange honored against
approved previous or simultaneous Remittances.
Credits opened against First-class Securities negotiable
in London.
Mercantile and Marginal Credits are
Issued, as also Letters of Credit upon any leading
Commercial City.
CLIMATES.
Travelers’ Credits
DEALERS AND MANUFACTURERS
OF LARD OIL AND STEARINE.
encashed when issued by Clients, and every description
of general Banking Business transacted. The Officers
ana Clerks of the Bank are pledged not to disclose the
transactions of any of its customers.
ALL,
PROVISION
NEW YORK.
ESTABLISHED 1841.
Smith, Baker & Co.,
COMMISSION
MERCHANTS
Yokohama and
Hlogo, Japan.
REPRESENTED BY
E.
66#
W
Pine
CORLIES,
.
Street.
Street, New York.
mercial bills.
LONDON, ENGLAND,
&
AND GOLD
Special attention paid to the negotiation of Com¬
DIRECTORS
IQUIQUE, PERU,
purchase and shipment of
Nitrate of
McGowan,
(P. O. BOX 2J47.)
Sc
Advances made on Consignments
&
BROKERS IN
VALPARAISO, CHILI,
Messrs.
STREET, NEW YORE,
Receive the accounts of interior hanks, bankers
corporations and Merchants.
Agents for the sale of City, Count y, and Railroad
Bonds ; issue Letters of Credit for foreign travel.
Nos. 219A 221 Edgeware Road.
jjos. 6*7 Lowndes Terrace,Knigthsbtldgeshire.
PINE
27
(60,000 Shares of £20 each).
AGENTS FOR
Messrs,
'“^nvprrEc
Chauncey,
COMMISSION
RANKERS,
CO.,
consignments of approved mer-
on
Bank, Winslow, Lanier & Co.,
INCORPORATED BY ROYAL CHARTER, A.D. 1855
OF CHINA AND JAPAN.
Advances made
City
Financial,
LONDON, ENGLAND.
Street, Boston,
AGENTS FOfc
AUGUSTINE
[November 14,18 n.
ia
New
H. J. Morse,
A. B.Lounsbeby,
Member N. Y. Stock Excb. Late Cash. Deroe Mfg Co
Joun Ewkn, Jr.,
William P. Tcttlk,
Member Stock A Gold Exch. Member Stock Exchange
Ewen &
Tuttle,
BANKERS AND
No. 62
BROKERS,
Broadway and 21 New Street,
Buy and tell Stocks, Bonds and Gold
Interest allowed on deposits.
Day &
on commission
Storrs,
bankers;
cJL.cJlL.fCiXw
dG Co.
16 WALL
Accounts received, and interest allowed
WALL
4
STREET,
NEW
on
according to the nature of the account.
deposits
Special attention paid to Investment orders in Stocks
and Bonds. Advances made
ALBERT F. DAY.
on the same if desired.
JOHN G. 8TOKR8,
Member of N. Y. Stock Exchange.
Samuel M.
BANKERS,
York.
STREET, NEW YORK.
No. 71 Wall
YORK.
Smith,
Street,
BUYS AND SELLS
John Dwight & Co.,
MANUFACTURERS OF
SUPER-CARBONATE
of
SODA
AND
Persons
keeping accounts with ns (currency or gold)
deposit and draw as they please same as with City
banxb, and will be allowed interest on daily balances
according to the nature of the account.
Orders for the purchase and sale of stocks, bonds
and gold will receive from us, personally, prompt and
may
careful attention.
P. O. Box 2.647.
SAUERATUS,
No. 11 Old
Greenebaum Bros.&Co.,
Slip, New York.
The joooing Trade ONLY Supplied
Olyphant
&
BANKERS,
COMMISSION
Hong Kong, Shanghai, Foochow Sc
Canton, China.
Represented
Co., of China,
104 Wall
St., New York.
Henry Lawrence & Sons,
manufacturers of
MANILA, SISAL, JUTE Sc TARRED
CORDAGE,
FOR EXPORT AND DOMESTIC
GANGS OF
RIGGING MADE TO
192 FRONT
STREET
Issue Bills of Exchange, Travelers’ and Commercial
Credits, available in the leading cities of Europe and
Europe
Gas-Tight
Deposit accounts received on favorable terms.
We give special attention to the Investment of
money, upon mortgages on improved Real Estate in
Chicago and vicinity, giving to capitalists, availing
themselves of our services, safe and profitable Invest¬
ments.
ORDER.
Loans
Negotiated.
ON
COMMISSION.
All orders will receive prompt attention.
Thos Fy8hx,
W. L. Comings,
Late one of the Agents of
Member of N. Y. Stoc
the Bank of Brit. No. America. A Gold Exchanges.
R. T. Wilson &
BANKERS
44
COMMISSION
AND
BROAD
AND
Co.,
MERCHANTS
STREET.
Liberal cash advances made on
Cotton and Tobacco to our address;
In Liverpool and London.
consignments of
also to our friends
Securities, Gold, Stocks
Bought and Sold
Bonds
on
Commission, and
LOANS NEGOTIATED*
Accounts received and Interest allowed
Which may be checked for at sight.
on
balances
IN
DEALERS
RAILWAY
CORPORATE
SECURITIES.
Duncan, Mathews & Co.,
New York.
BANKERS.
Cor. William Sc Pine
Gas »Stocks.
NEW YORK, BROOKLYN and JERSEY CITY GAS
STOCKS Bought and Sold by
GEORGE
CORY
NEW
STREET, N. Y.
Geo. B. Satterlee.
VENTILATORS
210 WATE f STREET.
tW~ Send for Circular.
FINANCIAL AGENTS*
No. 32 Flue St.,
AT WHOLESALE.
UZAL
31 WALL
Ripley & Comp’y,
Furnaces,
AND
Comings,
Stock, Gold and Exchange Brokers,
and
ALSO,
REGISTERS
&
Government
BANKERS Sc
Excelsior
Fyshe
description.
the United States.
USE,
NEW YORK.
Of every
STRICTLY
and California.
OLYPHANT Sc
SCRIP,
RAILROAD STOCKS AND BONDS
(Corner or Wall Stbeet.)
Make Telegraphic Transfers of money on
by
AND
STOCKS, GOLD & EXCHANGE BOUGHT A SOLD
CHICAGO HOUSE: HENRY GREENEBAUM & CO.
MERCHANTS,
STOCK
GAS, BANK, TRUST COMPANY’S AND CITY
1 Nassau Street, New York,
Co.,
'
INSURANCE
Room 23.
H.
PRENTISS,
80 BROAD STREET.
TORE.
PROMPT COLLECTIONS MADE ON ALL POINTS.
Deposits received subject to check at sight, and In¬
terest allowed on
dally balances at the rate of four
per cent per annum.
Liberal advances made
on
snipments consigned to
their correspondents in all the principal porta
of Cnba
specialty made of attending to the business of
Banks, Bankers and Merchants out of the city.
A
Brooklyn Investment Securities a specialty.
Stc., N. Y.
@FedFRASER