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HUNT'S MERCHANTS' MAGAZINE.
REPRESENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OP THE

VOL.

NEW

27.

YORK, NOVEMBER

Financial.
1

John

national Bank-Note Co.,
OFFICE, No.

1

1859.)

STREET,

XFAJjIj

NEW YORK.
riate Engraving and Printing

Steel

Style of

the Art. with

S.

special

Hfe^ards t^ prevent Coanterfeltlns and
4dter*tlona.

New

Ptttern,

Site,

Style or

WITH STEEL PLATE
J.
J.

Device,

International

ST.,

CURRIER,

JNO. E.
Au. P. Potter,

Prest.

Secretary.

Maverick National Bank,

BOSTON.
Oapital,

Sarplaa,

'

$400,000
200,000

Special attention given to COLLECTIONS, and
rompt remlttanci;8 made on day of payment.
Boiton budlaeaa paper discounted. Correspondence

R. A. Lancaster

&

BROADWAY, NEW YORK,
DKALKB8 IX

Flrat-CIaaa

Inveatment

Secnrltlea.*

GOVERNMENT BONDS, STATE. CITT, COUNTY,
RAILROAD & MISCELLANEOUS SECtJRITIES

Gvvynne
CBrttblUhed ISM.]

&

BUT AKD SKLL

Kountze

Brothers,
BANKERS,
ITALL STREET, NEW^ YORK,

Issue Letters of Credit, available In
also.

BANK OF LONDON.

Charles G. Johnsen,

HERCHAKT AND BAKKER,

&

Co.,

I.A

.

IS

New

St.,

New York

celved on favorable terms.

Hilmers,McGowan & Co
BROKERS

IN

FOREIGN EXCHANGE AND GOLD,
63 W^all Street, New York.
BOX

(P. O.

J.347.)

Special atteatlon paid to the negetlauon of Ooai
kills.

WA1.STOM H. BBOWK.

raao.

a.

aaown.

Walston H Brown & Bro.
.

34

BANKEKS,
Pine Street, New

York.

SPECIAL ATTENTION GIVEN TO THK NBOOTIA
TION or

RAILROAD SBCVRITIBS.

In addition to a General Banking Business, buy and
sell

Government Bonds and Investment

McKim

Brothas
BANKER-,

4T 'Wall

Street,

i

e«v

Securities,

&

Co.,

cKy Co.
BACKERS,

Vom.
COB.

Smith

&

Hannaman,

INDIANAPOLIS, INDIANA,
roB

NEW ORLEANS,

It

BANKERS,
CEDAR STREET,

INTESTINO AGENTS

166 GRAAOSB 8TRKKT,

Francis,

STOCKS, BONDS and GOLD Bought and SoM OB
Commission, and carried on Margins.
Deposits Received and Inteiest Allowed.
Accounts of Country Banka and Bankarc ra

parts of the

Cable Transfers made.

Gilman, Son

Alt

BANKERS AND BROKERS.

Time and Sight BlUs on the UNION

62

No. 16 W^aU Street.

all

&

Trask

merclal

;

Foote,

WALL STREET,

ty

York.

Sound railroad and municipal bonds negotiated.
Funds carefully Invested In Western farm mortgages, and the Interest collected.

Day,

Transact a general banking and brokerage bnslne
la Railway iharea and bonda. Government Securities
and Gole.
Interest allowed on deposits.
lOToUiiento carefully attended to.

Co.,

commission.

world

York.

Transact a General Banking Business.

&

Paton

Bought and Sold on CommlBsloa.

yirgMa Tax- Receivable Coupons Bought.
SOUTHERN SECURITIES A SPECIALTY.
LOANS NEGOTIATED.

No. 12

TO Broadway

Acconnta tnd Agency of fianlcs. Corporations,
flrma and Indlrldnala received upon favorable terms.
Dividends and Interest collected and remitted.
Act as agents for corporations In paying coupons
and dividends, also as transfer agents.
Bonds, stocks and securities bought and told on

13

New

MISCKLLANBOUS SBCrHITIRS.

BANKERS,
New

BANKERS AXD BROKERS,

66

Co.,

GOVERNMENT BONDS. GOLD, STOCKS

mencof Hallroads undertaken.

Co.,

&

Hatch
BANKERS,

AND TBS

WTlted.

&

R. T. Wilson

BANKERS AND COMMISSION MERCHANTS,
2 EzcbanKe Court,

6% l¥Ultam Street,

Siiil. PHiij.tp», Cubler.

HamborK and

or

JOHN BERENBERG, GOSSLER * CO

York.

JOHNSTOWN, PENN.,

SlIEPARD, Xreaaurer.

Bank

London, (Limited.)
H0U8K IN KUKOFK,

Cambria Iron Company,

H. VAN ANTWERP, Prea't.
mACDONOl.'fiH, Vice-Prea't.

A. D.

Co.,

Co.,

Railroad Investment Secnrltlea. Col.
lect Coupons and Dividends. Negotiate Loans and
draw Bills of Exchange on London.
Agenu for tbe sale of STEEL KAILS made by tbe

Jesup,

TINTS.

&

OOBRKSPONPRNTS OT

Edgar Tliompson Steel Co. (Limited),
BAILTTAY, COIIIinERCIAI. AND
GENERAI. PRINTING.
PtTlSBURGB, PENN.
UILWAY TICKETS in ONE, TWO, THREE or Allbnslncas relating to the Construction and EqnlpAny

TOSUiaBlraat

sell

SECURITY PLATE PRINTINO.
SAFETY TIHTS.
SAFETY PAPERS.

MORE COLORS ana numbered ConMcutiMty
MCMBERED LOCAL AffD COUPOy TICKETS

BOSTOV.

Pearl Street.

HAMBURG.

&

Kennedy

41 CESAR, COR. WILLXAM
Boy and

1S4

GOSSLER

BANKERS AND KIERCHANTS,

CORPORATION BONDS,
BTIFICATES OF STOCK. BILLS OF EXCHANGE
POSTAGE AND REVESTTB STAMPS,
PBOPRIETARr AND TRADE-MARK STAMPS
tbe Hiirhcst

Son,

NEW YORK,

BANKERS,
TVall Street, New

York.
DKPOSITS RECEIVED SUBJECT TO CHECK AT
SIGHT AND INTEREST ALLOWED ON
DAILY
BALaXCES.
OOVKHN.MENT BONDS. OOID, FTOCK'l AND
ALL INVESTMENT SECtriUTIKS BOUGHT
AND
SOLD ON COMMISSION.

J.

697.

Financial.

&

Cisco

J.

No. 59

BANK NOTES, GOVERHMENT AND

!

NO.

1878.

Financial.

UK

O-NCOKi-ORATED

2,

UNITED STATES

IMDIANA AND OHIO.

or WALL STREET AKD BBOAOWAT
Near York.

Transact a Oanaral Banking Boalneaa, laelsdlBC Ida
pnrchase and sale of
for cash or

STOCKS, HOMOS aad

OOLO

on a martin.

Inreatment Seenrttlea For SalA,
p. O. BOX >,«».
A.M.Kn>DBB.

C.

W JloLsuaa. Ji.

W. Taaa*

:

THE CHRONICLE
Canadian Banks.

Canadian Bank§.

Bank of Montreal.

Imperial Bank of Canada

Foreign Excliange.

Orexel,

&

Morgan

WAIili STREET,
CORNER OF BROAD, NEW
Drexel
No.

84

&

Capital,

YORK.

Drexel, Harjes

Co.,

South Thibd

Co.,

St.

31

&

Co

Boulevard Eaussmanri

CAPITAL,
SURPLUS,

moRSAN
ST,,

LONDON,

THEY ALSO ISSUE COMMERCIAL CREDITS

MAKE CABLE TRANSFERS OF MONEY BETWEEN THIS CODNTRY AND ENGLAND, AND
DRAW BILLS OF EXCHANGE ON GREAT
BKITAIN AND IRELAND,

&

G. C. Ward,
AGENTS FOR

BARING BROTHERS

Sc

COiUPANY,

52 W.\LL STREET. NEW YORK.
28 STATE STREET, BOSTON.

&

J.

33

Stuart

&

BILLS OF

Co.,

;

ALSO.

the

Dominion

of Canada,

Ofllee,

Bank of British
North America,
No. 62

Commercial Credits Issued for use In Europe, China,
Japan, the East and West Indies, and South America.
Demand and Time Bills of Exchange, payable In
London and elsewhere, bought and sold at cttrrent
rates; also Cable Transfers.
Demand Drafts on Scotland and Ireland, also on
Canada, British Columbia and San Francisco, Bills
Collected and other Banking Business transacted,
D, A, MaoTAVISH, J ._.„,.

Bank

Agents in New York:
Bank of Montbkal,
59 Wall street.

&

Co.,
street.

The Bank of Toronto,
CANADA.

TTALL STREET.
$6,000,000 Gold.
$1,900,000 Gold.

Buys and

Sells Sterling

Exchange, and makes Cable

Transfers of Money,
issues Commercial Credits available everywhere,

ia-.rol'pHV.i Agents,

Merchants' Bank

Reserve,

$2,000,000.

HEAD

;

BANKE

1£

-

HEAD

Foreig^n

Bankers.

Nederlandsch Indische
Handelsbank,

AMSTERDAM, HOLLAND.
ESTABLISHED IN

18(3.

2,00^1,000 GnUders.
($4,800,000 Gold.)
1

Ofilcc in Amsterdam.
Agencies In BaFayla,
Soerabaya and Samarang, Correspondents
In Fadang,

Head

NEW YORK CORRESPONDENTS,
Messrs.

RLAKE BROTHERS &

CO.

Adolph Boissevain & Co.
BANKER!!!
AND
COMMISSION MERCHANTS
AMSTERDAM, HOLLAND
N. Y. Correspondents.—Messrs.

BLAKE BROS. & CO

-

OFFICE, MONTREAL.
J,

:

Collections made on the best terms.

$5,461,790, Paid Up.
the Hon, JOHN HAMILTON,
Vice President, JOHN MoLENNAN, Esq,
-

S

London, England.- The City Bank,
Bank of Commerce,
w-™
NBW v^B^r
XOEK, i National
^ f. J, Smithers and W. Watson.

or

Capital,

$1,000,000.

1 0RONTO.
Hugh Lbach, Asst. Caah

OFFICE,

DiTNOAN CoiTLSON, Cashier
Branches at Montreal, Peterboro, Cobourg, Port Hop«
Barrie,St. Catharines, ColllBgwood,

INGRAM,

Banque
Centrale

Anversoise,

Asst, General Mancger,

Antwerp.

BANKERS.
.

St., cor.

Excbange Place,

YORK,
Credit

principal cities of Europe,

SPECIAL PAKTNEK,
DEUTSCHE BANK, Berlin.

&W. Seligman&Co.,

sells
Exchange, t^ble Trausftys and Gold, Issues Credits
available in all parts of the world, makes collections
rnd
in Canada
elsewhere, and issues Drafts payable

Canada Demand
and Ireland, and
every description of foreign banking Uusiuess underat any of the ollices of the bank in
arafts issued pnyable in Scotland

taken,

Noip York Agcacjr, No. 52 AV^lllIam St.,
wltb Rlessrs. JESUP, PATON & CO.

Exchange Bank
OP CANADA.

BANKERS,
69 K3;CHANGE PI,ACK,
COKNER BiSOAD STKEBT. NEW HORE.
Issue Letters of Credit for TraTelei'S,
Payable In any part of Europe, Asia, Atrloa, Aiutralle
and America,
Draw BlUa of Excliange and make telegraphic transfers of

Commerce,

of

WM,

Make Telegraphic Money Transfers,
Draw Bills of Exchange and Issue Letters oi

J.

Lombard

IVALL STREET.

ENG—The Clydesdale Banking Co,
Lichtenstein, LONDON,
NEW YOliK—The Bank of New York, N B, A.
National Bank of the RepuuLIc.
BANKERS,
The New York Agency buys and
Sterling

NEW

THOMAS, INGEBSOLL, WELLAND,

Promptest attention paid to collections payable In
any part of Canada,
Approved Canadian business paper, payable In gold
or currency, discounted on reasonable terms, and
proceeds remitted to any part of the United States by
gold or currency draft on New York,

No. 9 BIrcliIn Lane.

ACSENCy OF Tll£

&
1

Chicago and throughout

in

GEOK<iE HAGUE, Geneaal Manager.

Knoblauch

WILKIE, Cashlel

;

;

President,

CABLE TRANSFERS AND LETTERS OF CREDIT

89 William

)

C A W A D A.

SCOTI^AND.

It.

sell

BELFAST, IRELAND
AND ON THK

BANK OF

Smithers,

Sterling Exchnnge, Francs and Cable
grant Commercial and Travelers' Credavailable in any part of the world issue drafts

Bay and

Surplus,

mANCHESTER & COUNTY BANK,
" LIMITEDJOHN STUART Sc CO., Bankers,
MANCHESTER, PAYABLE IN LONDON
UI^STER BANKING COMPANY,

D,

Dealers In American Currency and Sterling Exchange*

93

WALL STREET.

61

Capital,

SjTlITH'S,

;

OFFICE, TORONTO.

BosANQtiRT, Salt

OFFICE,

«„.„ts
Walter Watson, ( •*^''"^'-

No, 60

BANKERS, LONDON

NATIONAI.

ST,

General Manager

The Canadian

EXCHANGE ON
Sc

HEAD

Paid-up Capital,

J.
NASSAU STREET.

SMITH, PAYNE

ANGUS,

C. F,

London

of the world.

$1,000,000.

HOWLAND, President

Capital,

IT.,

tee of repayment, Circular Credits for Travelers, In
dollars for use In the United States and adjacent
countries, and In pounde aitrUng for use In any part

G.

&

Nos. 59

iBsae, against cash deposited, or satisfactory guaran-

S.

S,

Agents In London:

Transfers

Co.,

H.

PreBident.

on and make collections

&

Brothers

No. 69 l^fALL ST., N.

-

XEW YORK

its,

Brown

-

$12,000,000, Gold.
5,500,000, Gold.

R. B,

Securities, Or>)d.
&c.,oouEht and sold onCommisEion. Interest ftiiowec
on Deposits, Foreign Kschange, Crmirerclal Credits.
Circular Letters for Travelers.
Cable Transfers,
available In all parts of the world,

OLD BROAD

-

Beanchib:-ST, CATHERINES, PORT COLBOKNB,

Deposits received subject to Drafr.

Attobsbys and Agtcnts or
ic CO.,
jnessrs. J. S.

-

GEORGE STEPHEN,

Paris.
Pblladelpbla.
DOMESTIC AND FOREIGN BANKERS.

No, 22

[Vol. XXVII.

money on Europe and

Capital Paid

HEAD
M. H. GAXJLT,

&

Co.,

No. 8 Wan Street, New'YorR,
No. 4 Post Office Sqnare, Boston.
CHEQUES AND CABLE TRANSFERS ON

raUNROB &

CO., PARIS.
BTERLINU CHEQUES AND BILLS AT SIXTY
DAYS' SIGHT ON
ALEXANDERS Sc CO., I.ONBON.
dZOCIiAB NOTita AKD CbSDITB FOB TSATXLSB«.

-

-

-

$1,000,000.

BOARD OF DIRECTORS

GniSiK, President.
mux
Alfbkd Maquinat (Graft &

.Vlaqulnay), Vlce-Pres

Von rKK Bxckk (B. Von.der Becke),
Otto GuNTnEK (Corneilte-David),
EMILp D» GOTTaL.
.7. li.

AD. Frank (Frank, Model & Cle.)
Aug, NoTTEBonai (Nottebohin Freres),

JUI.B3 liAUTESsTEAccn (C.

Schmid

TRANSACTS
GENERAL BANKING

OFFICE, MONTREAL.
Prea't,

C. R,

MrKEAY, Cashier.

Oirr,;

AYlkee, Ont,; Park Hill, Ost.;
Bedford, P, Q.

AOESTS:
QUEBEC (CITY), -Owen Murphy,
NOVA SCOTLA,— Merchants' Bank of Halifax,
FOREI ON A OEJfTS :
LONDON.— The Alliance Bank (Limited),
NEW YORK,—The National Bank of Commerce.
Messrs, Hllmers, McGowan & Co.
CHICAGO,—union National Bank.
BUFFALO,- Bank of Bultalo,

i

!

Fh, Dhanis (Mlchlels-Loos),
JoH. Dan. FIJHBM4NN, -)h, (Job. Dan, Fuhrmann),
Louis Webkh (Ed, *v eber & Cle.)

Henry

S.

King

&

(

j

Cle.)

A
BUSINESS.

&

j

Co.,

i

BANKERS,

BRAXCBES:
Hakiltok,

California.

John Munroe

Up

9,000,000 Francs.

Paid-IIp Capital,

;

48 Pall Mall, London, Ensland.
Issue CIRCULAR NOTES fretoJcKargt,KnXMiy»

I

in all parts of the world.

Grant

COMMKRCIAL CREDITS

for nse against

Consignments of Mercbandise.
\

Execute Orders en the London Stock Exchange,

Make

Collections on

all

Points.

j

Kccelva Deposi

and Current Accounts on favorable terms, and do*
General London and Foreign Banking Buslnesa.

Sterling and Amorloan Exchange bought and sold.
Interest allowed on Deposits,
Collections made promptly and remitted for at low-

KING, BAILLIE &. CO., Liverpool.
HEW YORK CORRESPONDENTS,

uat rat«i

Messrs.

WARD, CAMPBELL &

CO.

I

j

ki

NOVKMBBH

THE CHllOMCLR

WK.]

2,

BoNton Banken.

iU

•outhem Banken.
mo*.

F.

aiLLM, »». WIT'.I»».

Massachusetts
OHAa.
MILl.tK.
Loan 8c IVust Company, Tho6. p. Miller

rfwMctai.

jao. W. BIU.!*.

Wanted

n.

No.

I'OST CIFFICK

!8

HOUTON

rharterrd lu

.

1870.
9500.000.

WlODd

STKl'HKN M. CKOSBV.

HICK.

Tre»narer.
timk on Supis Merchanillse,
Lout m>de
tnbtT apun uflU of Lading or Warobousie Itecelpta.
Bxcn^NoR of <;otlat0ral,or prepaymenuin part or
tor enilre loaiu aJloired.
ALtAW iNTKRiaT OH all parmoiits made before
I'rcalUent.

Money

TO LOAN OK AfPllOVKI) «W'trillTy IM
Co., IOWA,
NEBRAHKA AND DAKOTA.
10 TO la P*H ClNT

nOBILB. ALAHAHA.

-.....-

CAPITAL,
QKO.

BANK EKH,

SQUARE.

&

Special atieuuoii puiu to collect loua, with proniDt
remittal] :e> at curroai rates of eiulianie on dai
' of
Mtrineal.

Currnspondenu. — Oermaii American Bank, New
lork: Louisiana NatloD<il Baak, !igw Orleans i Bauk
>f LI;erpool, Urerpool.

A

(hoICK

of I.snda

lot

West.

mem.

^^

Marlty of

loans.

COKUKSfONDKNCE SOLICITED.

Houston,
We (tivo special attention

H. Peck,

F.

BoMton,

CAPITAL

WALL STKKKT,

:2

I

Incorporated

&

Brewster, Basset

Surplux,

STOCKS A\U UOWD»,
40RI.4,\'

Orden executed on Cotuiuiasioa

CoinuierciHi

at

UroXen

Buaj-a

AaettOn>,and Private Sale.

nULI.ER

PINE KTRKKT.

No. 7

H.

Agreucj,

..

(52

BROADWAY,

See qnoUtlon> of City Railroads In this

do

New

Bailey,

S.

PINE KTREET.

7

^
BRAKDER,

Insurance

CUUISTENSKN,

;

Bankers, London,

B4II8.BK8,

ID

btackpole,

The Bank

Canh p«ld «t once for the ahorb
will

f(ftranct««: or
he bold on commlMton. *i Mller'v opitoa.

DUVUNSUIHK STR8KT

WM. ALVOKD,

UOStTOIN.

1!.

aud

tlor

Cai-ital,

U'ealern

Sell

City

aud

&

Co.,

BANKMa
40

irr

Room

Presldokt.

TUOM A3 BROW.V, Cash'r

ML'UliAV, Jk., Asst. Ca&hlcr

STATE STREET, BOSTON.

A SPECIALTY.

tXe.Cltj, Coantr and Railroad Itonda.
,

Phlla.

&

No. 16

Br*ad

Bell

StocKubot-gbt and

BANKERS,
Receive deposits and transact a general banking
business execute orders at the N. Y. Stock Exckange
for Stocks, GovcrnmeBt, State, Mnntclpal and Railroad Bonds and Gold.

MS

add

ST.),

PHILADELPHIA.

BAKKKP.S

&

Albert E. Hachfield,
WALL STREET, NEW YORK

AND BKOKKRS,

.

Wy?8TMKNT

VIliGISIA BECUiaTlKS

Hid

iFKialty,

a

.

Southern Bankers.
a.,

la..

^>^i.jL£ii,uaiilUta.

First National Bank,
WILniNUTiON, N. C.
Col^cetlona

mkde on

All

rele-

Su

cisco.

"WANTED.
Bontliem Railroad Bonds, all kinds.
Toledo l.ogan«port A llurllngton Bonds.
Kansas I'aclilc Kallroao isonds.
Union A Logunsport Bonds.
IndiauspvUs A \ Incennes Bonds.

THE

John B. Manning,

,T.

ADthorized Capital, •
Paid-np and Reserve,

paita of the United Statas

•
•

$6,000,000.
1,65 0,000.

Transact a general Banking bu)>lness. laane Com
merclal Credits and Bllla of Eicuanse, available In all
parts of t!io world. Coltectlona and orders for Bonds.
Stocks, etc.. executed noon the moat favorable term'.

FKKD'K K. LOW,
l Manaiors
lOMATZ 8TKlNlfAiJT,j"»°»«"'£. N.

LILIENTUAL,

Cashier.

BAXKER AN9
No. 14 Wall Street,

LONDON, Ucad Office, 8 Angel Court.
SAN FRANf'lSCO Office, 4K California St
NEW YOniC Agents, & Wj Selurrain J; Co.
.

t.

and

grapblc Transfers on London, Yokohama, Shanghai,
FranHong KoDg, Honolulu. Virginia City sad

(LIMITED).

Correspondence soUclted and Informiitlon ftir.
Uabed.
\. COEKKiiPOSDnsTB— McKlm Brother" ft co.

k. a. ncK.'iUea, ^lee

DXALa IX

Firat-Cbtaa Inveatmont Socarltioa,
CITY BONDS OP ALL KINDS.
Railboad Boitd* axd SocTSBix SiouBim* or
AU. Discnrmoii*.

Co., Anglo-Californian Bank

BALTIICORE.

m the NEW YOliK STOCK

18

other Califoroiit Socariues.

laiue Bills of Elxclianfe, Letters of Credit

Ordera In stocks and Bondii prorantly executed at
tie P iiiladelplilaand New »orlc Boarda.

Wilson, Colston

all

Co.,

alAM rcfereace*.

AGKNTS FOR THE BANK OF CALIFOUNU,
No. 13 Pine St.. New York.

racllltleis; also

&

(near Wall),

a nirtTKlu "f ' I'cr c<.ut. if deflred
Kntitl atteuiloQ fcivrn to iiaiKll aDd larKeloveaCmeoM.
Auy luformaUun glrea pcntttnallj or .b; uufcU. Fim-

rliaite

Austin,

J.
STOCK BROKEK,
WALNUT PLACE (310 WALNUT

St.

tt*ld

BANKERS AND STOCK BROKERS.
K.VCriANUK uu

Particular attention given lo the par>
and sale of minlns Stoclis In Saa
Frant'iaco, Tor whicb we bave the beat

Baliiiiiore Baiikcrg.

Boucbtassd

Peck, Gilbert

;

DCALKRS IN GOVBRSMKNT 8ECU JITLES, OoM

BROAD STREET.

SO

23.

OAS STOCKS

IK Goi.n, $5,000,000.

Laidlaw & Co.,

Oonntr Bond*.

Chas. A. Sweet

Paid

UMy

Geo. H. Prentiss,

BAKE of NEW TORE, K.B.A.

of California, San Francisco.

Stocks

A i^rcciAr/n.

SMITH, PAYNE & SMITHS.
UNION BAKK OF LONDON.

York, The

mow.

lfi.«M.|irs In

"

"
1
GEORGE L.
Commercial and Travelers' Credits available
In any part of the world. Draws Exchaage, Foreign
and Inlan J,anl makes Trans ers of Money by Telegraph and Cable. Gives specUl attention to Gold and
tillver UuIUun and Specie, and to California Collections and Securities aod arranges to pay Dividends
on such securities at due dates.

Ilo

E.

(10,000,OijO Gold.

Brnf>l(l]rn Necarltlea

6c

»0\,

YORK.

ClTf RAILROAD 8TUCKS & BONUS
BOUGHT AND SOLD.

Wall Street.

3,500,000

C. T.

d«

Parker

HUT

St

L. Grant,

No. 145

Issue

aotl

II.

(inreetcd in

Co.,

Hontoii, IflaiM.
blocxi. Uuuila, Gold

class** of

all

OK

The Nevada Bank
Capital, paid np.

rONIiKEMN NTKKKT.

of

NEW YORK.

New York

BANKERS,

REGULAR AOCTION

bold

WEDNESDAYS AND SATURDAYS.

(75,000.

U.S.Iionds)

\u

Casliler.

OF SAN FRANCISCO.

Ronton,

Municipal Bonds.

#eal«n

C.T. Wji.lk«»

linS. (

Calirornla Banks.

ST.,

BANKERS AND DEALERS IN

'

nDderalxnw)

the .Metropolitan National Bank.

DKVONSHIKE

York,

No. in

The

Uxobsk U. Uolt,

i^eo.WiH.Balloii&€o
New

j

I

(PilD-iN)

Meaibor N. T. Stock Kxcbange.

I

STATE BANK,

SUBPLoe
26,00O,
Prompt attention Klvcn loall bualiMss In our line.
N. Y. CoRKKapoNUKKTe. Monnell. Lawson H Co. and

raa«i!i.

lew*.

,

acee*.

LITTLE ROCK, ARK.

STOCK BKOEEH,

Sao. Wx. Baixou.

all

German Bank,

G. C. Jackson,

aiJnnoNS' Bt;ii.DiNG,

Iowa.

Mom Clif

Texas. STOCKS and BONDS
on
Lonr
At Auction.
W.D.

to collections

DiRKi.'iuus.— licnjaintn A. Botts, Prea't: C.8.
cope, W..). Hui'.tilns. K.A. KIce, C.C. Baldwin,
Botte, Uoli't Brewster.
UKtiJ. A. liOTTD.' frea'i.
B. r. WKKM8. Cashier.
O. V. PiNliL,
President.

BOSTON.

Broker,

Cllir,

i(eferene«.-rir« National Bank.

SAtSS

EXCHANGE rU\CE,

No. 7

Ik*

Capital, «500,000,

flhle points.

BANKER AND BROKER,

Wwrant

Moax
IIOVSTON,

itf

—

larMi
'•—

TALBOT,

D. H.

Uenaral LAstf, kcrlp and

vms

THE CITY BANK OF

(ItlalUIITHIl.

dieTeront part*
Also, Wt*s<*Tn HerurltlPS.
A Cbolo*
Address f.ir full particulars.
In

BKOKKi:.

New Vork

Cltj.

SOUTHERN SErlRITlUH
A SPECIALTY.
Cospou

Fiate, Municipal an I Kallway Bondtand
»nil "'Id at Ik'sI market rale-. lBve*tortor
'
d'31ir'»l»llli:g to ouy or sell axe lut It.-d to 001
i>u. Kilt

cale with

01'.

.Membtr uf the

J.
ST.

New York

Alden Gaylord,
33 Wall

LOUIS

St.,

C»r"»"

WVBSTMBUT •
Jtofers

......
tuck Exchcace.

Now

Vark«

'''^-

VTT BOin

Mi.
3 BKCCIUTUB
to n.£..>;iu»l*« Vs.. Bauer*

hrpwmlaatoa

.

-

:

:

THE CHRONK^LE.

IV

Financial.

Financial.

Scioto ValleyRailway Co
OF OHIO,
FIEST MOBTIJAGE SINKING FUND
SEVEN PEB CENT BONDS.

CITY OF NEW YORK

Financial.

UNION TRUST
NEW

OF

CO.

YORK,

No. 73 Broadway, Cor. Rector

CAPITAL,

rr

-

.

.

St.

$1,000,000.

Issue lihitxd at $13,000 fer hile. Dub 1896.
Line from Col-«mbus, via Circlevil e aiidChillicolhe, to Portsmouth on the Ohio River, lOO miles,
floished ani in full operation since March, 1878.
Net earniogs from March I lo OctoLer 1,
seven mouths
$108,342 05

HAS SPECIAL FACILITIES FOR ACTING AS

Transfer Agent and
Registrar of

Stoclis.

Anthorlted by law to act as Executor, Administrator, Guardian, Receiver, or Trustee, and Is a

liEeAIi

Animal Dtereet on
of bonds

DEPOSITOKir FOR JTIONEY.
EDWARD

Clearing-House.
J.

M. McLkah,

Wm

.

\st

AT

KING, Fraiaent.

EXECDTIVE COMMITTEE.

COR. NASSAU

SAMrSL WlLLKTS,
M. MoLkak,
Wm. Whttkwkight,
Augustus Scukll,
Geo. Cabot Ward
£. B. Wksley,
Thbodobe Kooskyklt.
G. G. WUXLAKS,
J. H. OGII.VIB, Secretary.

This

A

Clinton

sts.,

Coupon Bonds
CO.,

&.

AND CBDAE

STS.

PAYABLE IN

Company Is auttaorlxed hyspecial

DAKIEL.

make purchase and sale of Gov.
aid other securities.

A.

1898,

Religious and charitable institutions, and persons
unaccustomed to toe transactlou of business, will find
this Company a safe and convenient denoBltory for
KIPLBT ROPKS. President.
money.
CHAS. R MARVIN, Vlce-Prei t.
J£l>«AB H, CULLSN, Counsel.

Defaulted Bonds.

Alex. McOne.
Jonn P. Relfe.
Chas. R. Marvin, A. A. Low.
Thomas Snlllvan, Abm. B. Baylis, Henry K.Sheldt.n
U.K. Pierrepont, Dan'lChauncoy, John T. Martin,
Alex. M. White.
.Joslah O. Low,
Ripley Ropes,
Kdmund w. Corlles.
Anstln Corbin,
Wm. B. BUNKKK. SecreUry

AMERICAN
THE
TIONAL BANK, New
of

EXCHANGE
York, October

18,

furnished.

P. F. KEI.EHER Sc CO.,
BANKERS AND BROKERS,
ST. LOUIS.
NAReferences.— Messrs. Clark, Dodge & Co., Ppeyer &
IgJS.—
Co., New York E. W. Clark & Co.. Philadelphia
;

>

Gas, Insurance Stocks, &c
J.

DUMONT CLARKE, Cashier.

Secnrltles

1- ^tate of New Vork, New iork. October 26. 1878.
A dividend of THKKli,
ONE-HALi' Per e t,
free of all taxes, has been declared by this ank ui
of ihe earni'<>iB of the last six months, pavable ou
and after Noveniber 11 Instant. The Trans' er Books
will be closed from October 31 »o November 11, both
days inclusive. By order ol the Board.
R. L. EDWARDS.

AND

Gold Sinking Fund Bonds,

Ct.

Jh~ee of

all

Bonds due

1908.

Taxes, imposed or to be imposed.
Interest payable May 1 and Not. 1.

A limited Amount for tale at 2 and accrued Intereit.
JE^^CP, PATON & CO.»
1

No.

52

WILLIAM STUEET. NEW YOKK.

U.

Gold Coin.

S.

YOKK CITY

]WE\¥

bas been awarded at tbe Paris Exblblilon of 1878 to

S.

St.,

Now

York.

Will net over 5 per cent per annum.

Town

$io,ooo

O. N. T.
SIX-CORD SPO.OI.
celebrated for being

Best
Is

COTTON.

STRONG, ELASTIC, AND OV

I

Bonds.

Bids will be received until N0VEMB8K 30, Ijy the
Board of Tiusteis <if the TortN OK CICERO, COUK
COUN lY. ILLINOIS, for $10,1X10 of Town Hondf. runnlUK 20 years, wit Interest at 6 per cent per asiHi*)^
payable beint-annu:illy at the Merchants Excusnge
>atloual t>a;jk, New 1 orK. Kor further InformaltoD
address
J. J. McCAuTHY. Treasurer,
112 Randolph street, Chicago,

FORI*!

It

JjTil'

STRENGH.

bas been anrarded mCEDALS at the
great Expositions, from the first at
Paris In 1855, to the Centennial at
Philadt-Iphla In 1876. In tbls country
CLARK' A O. IS. T. SPOOL COTTON Is

Uo.

ivldcly

kuoivn In

all sections for Its

Superior Excellence In Machine and
Hand Sewing. Their mils at Nswark, N. J., and Paisley, Scotland, are
the largest and most complete In the
nrorld. The entire process of manufacture Is conducted under tbe most
complete and careful supervision, and
hey claim for their American production at least an equal merit to that
produced In Paisley JiIIIs. As

TEXAS CENTRAL RAILWAY LO., Houston,
October ai, ISiS.— The Coupons of the Income anif
Indemnity bonds of this Company, due November 1,
1878, win be paid on t at date at the office of the company, Houston, Texas.
Treasurer.

iniNNEAP>
pmCAGO
ST. PAUL
V^OLISRaiLWaV HONUDOraCUlP,
&.

It

OFFICE OF THE HOUSTON AND

CHICAUO CITV BONO.-.
CHICAGO & EASTERN ILLINOIS BR. BONDS,
TOLEi.O CITV BOiND.-,
WEST WISCONSIN RAILWAY BONDS,
BnUGUl' OK SiLlJ.
F. K. TROWBRIDGE. Banker and Broker.
7

Atchison

&

Mltiueboia

tiroad

bt.

WANTED

:

Pike's Peak Kallroad Bonds.
(.epualateu i>o <ls.

Sttitc

Trxab PhcJAc RK. Luuu Crant Coupon Bonds.
SuspeiiRlon BrlUKe t& Erlt; Juncilou RK. Bonds.
Scioto Valley

i

allroad iioodv.

Township eonds Mate New Jersey, Issued to RR.
Culuuibug& Ind. Central RR. 1st Mortgage Bonds.
City, County and Town Bouds of We.tern states.
Northern Paclttc UK. Bonds and Preferred -tocn.
Danville Urbana & nloouilngtun Railroad Bonds.
Oregon Steam Navigation Co. Stock.

FOR SALE:

Chicago A Eastern Illinois RR. Bonds and Stock.
IualanapoUs& St. Louis RR. onds. Jersey City lu
MJU. Jt(. tJTLEY, 31 Pine St., A. k..
'

I

liTISSOIIRI PACIFIC RAI1,WAY
-"-•CO.MPANY OFlflcE. No. 5 BowUNO GbkEN. New
York, Oct. 26, IS78.— The Coupons due November 1,
1878, on the Third Mortgage Bonds of ihli Company,
and on the Real Estate Bonds of the Pacinc Railroad Company (of Mlssonrl will be paid on and after

NO GRAND PRIZES were nvrarilcd
Paris for SPOOL Cotton,

at

,

that dale at this office.
C. K.

GARRISON.

they are glad to announce to the
American Public that ibey have been
anrarded a GOLD MEDAL, being the
highest aw^ard given for Slz-Cord
Spool Cotton.

President.

OFFICE OF THE NEW YORK

PROVIDENCE & BOSTON RAILROAD COMPANY (Stonisoton RR.), New York, Oct. 31, 1878 —
A Quarterly Dividend of TWO AND ONE-HALF
PER CENT will be paid at the office of Messrs. M.
Morgan's Sons, No 39 William street. New York, on

George A. Clark

Treasurer.

&

Bro.,

SOLE AGENTS,

the Uth day of November. The transfer books will
be closed from the 4th to the nth, both Inclusive.

HENRY MOEGAN,

I

I

1818.

W. CAVE,

U.

GEO. K. SISTARE,

A GOLD MEDAL

railway company, on presentation at the office of
A. ISELIN & CO., No.« Wall street. Now York City,
(be following-named interest coupons in arrear on
mortgage bonds, secured on portions of said company's railroad line, viz., on
Columbus & Indianapolis Central Hallway Company's
Secund Mortgage Bonds, due May 1, 1878.
Toledo Logansport & Burlington Kif. Co. First Mort.
gage 7 per cent Bonds, and 6 per cent Income bonds,

JAMES A. ROOSEVELT,
WILLIAM R. rOSDICK.
Trustees and Receivers of C. C. & I. c. RR.
New York, Oct. 31, 1878

RO.\D»,

Six Per Cent, Payable 1901.
PRINCIPAL AND INTEREST PAYABLE IN

FOB SALE BY

FINB STREET.
at Anctlon.

Bonsbt

HEREBY GIVEN THAT

E.

Per

No. 17 Nassau

COLUMBUS CHICAGO * INDIANA CENTRAL
RAILWAY COMPANY, will pay on behalf of the said

1,

Chicago & Alton RR.
Sir.

GOLD COIN.

-^^ the undL-rsIgned, as Trustees and Receivers of the

due August

CO.

•

>

IS

CO.

&.

p. \VI.\TRINOHAIH,
No. 86

rPHE NATIONAL BANK OF THE

I^OTICE

tc

BELinONT

UNITED STATES TRUST COMPAXr. Tbustm.

Municipal Defaulted Bonds.
Holders ano dealers would consult their Interests by
conferring with us. Reliable Information cheerfully

Irectors of this Bank have this day
declared a dividend of THREE PER CENT, free of
taxes, payable on and after the 1st of November,
proximo. The transfer books will close to-day and
re-open on the 2d of November.

The Board

DREXEL, MORGIN

Principal and Interest payable In the gold coin of tbe
United btatea of tbe present welKbt and fineness.

Special attention given to Compromising. Funding,
Buying or Selling Missouri County, Township and

Henrv Sanger,

Rockwell,

Interest.

M'INSLOW, LANIER & CO.

raORAN,

STUEET, NEW^ YORK.

40 TVALI.

TKUSTBK8;

J. S.

io6 1-2 and
A17GITST

transfer books, or

ernK- b&t

$500 to

ot

A LIMITED AMOUNT FOR SAL3

FOR SALK BY

cbarter to set

Sums

In

RViV.

$I,00O, Convertible at any time
Into Registered Stock.

Brooklyn. N. T.

as receiver, trustee, guardian, execut or or adminutrator.
l\ can act as agent in the sale or management of real
estate, collect Interest or dividends, receive regi8tr>'
ttni

YEARS TO

30-50

PER CENT RONDS, At

SIX
Cor. of Montague

in

Cleveland City

The Brooklyn Trust Co.

and Interest Payable
United Statc§ Gold.

Principal

AND INTEREST,

92^

Fund Bonds.

91,000 00

WIKSLOW, LANIER

J.

PER CENT CONSOLIDATED

Sinking

SALE,

BY

Vice-President.
Vice Presidtnt.

Whitbwbiqht, 2d

5

tl, 800,000, total iseae

A LIMITED AMOUNT FOR

Interest allowed on Deposits, which mar he made
and withdrawn at any time.
N. B.— Checks on this institution nass through the

XXVIL

[Vol.

WANTED
Alabama, South Carolina Sc Louisiana
Mate Uuuds;
Newr Orleans Jackson 6c Gt. Northern,
Mississippi Central, and mobile
&. Ohio Railroad Uonds
;

City of Neiv Orleans Rouds.

LEVY

4:

BORG,
36

A. H. Brown

WALL

&

STREBT.

Co.,

BANKERS AND BROKBRS,
7

IXTall St.,

Cor.

New, New York.

INVESTMENT BKCDRITIE8.
'

Ko. 100 Rroadw^ay, Hiew Tork

Special attention to bttslness of country bank*.

|

'

,

—

;

xmm

AND

HUNT'S MERCHANTS' MAGA21NB.
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF TIIE

*

VOL.

SATURDAY, NOVEMBER

27.

CONTENTS
THB CHRONICLK.
Jtono-metallltm and the Crista in

England

When

Imports and Exports for Septem415

ber, 1H78

Bank Vanlta Safe ?
44A Oas Stocks In Great Britain
Egypt and Its New Govemmrnt.. 447 Latent Uonetnry and CoramcTCial
Marshn 88 iu Our Castoms Service 418
EntclUh News
Financial Review of October
449 Commercial and Miscellaneous
are

News

Europe

46'2

the

THE BANKERS' GAZETTE.
Money Market,

U

a.

Securities,

1

Railway
Stocks, Gold Market,
.
ForelRn Exch»nfi:e. N. Y. City
Banks, Boston Basks, etc
455

Quotations of Stocks and Bonds
45S
Investments, and State, City and
Corporation Finances
459

|

THE COMMERCIAL TIMES.
rommercial Epitome

46.3

487

I

NO.

1878.

697.

At

is.

disturbance

thought

first

the

to

all

many have charged

of the CJlasgow
however, that failure wasbutcne
little incident in the series, and produced by it rather
than producing it; all the conditions existed before that
event and still exist, possibly to be again disturbed at

Bank,

The

truth

failure

is,

some

4M|DryGood»

'J""",".
Breadtftnffs

STATES.

which have produced the crisis, for in that way we
may be led to adopt measures preventing a repetition
and we are as much interested in securing that aa

451
451

454

2,

UMTED

40S

Imports, Receipts and Exports.'.! 4'in
Prices Current
470

similar unexpected development. The explanation
very simple, and is to be found in the long-continued
bad trade in Great Britain and in other parts of Europe,
an influence which has been accumulating in force ever
is

Most certainly we do not expect to make
any suggestion for restoring the conditions existsince 1873.

Thb Commkhcial and Financial Chroniclk w
day morning,

tuitK tfie latest

news up

to

ismied on S(Uur-

midnight of Friday.

TERMS OF SUBSCRIPTION- PAYABLE

ing previous to our panic
subject

rN

ADVANCE:

'

For One Ycsr, (Inclndlnc
BR postage)
$10 20.
i>
=
,.
L
For
Six
Months
do
6 10.
;
Annnal subscription In London (Inclading postage)
".. £i
fl«.
Six mos,
ao
do
do
.... 1 7h.
Slbscnplions will be continued until ordered stopped Inj a wriftfn oriur or
mtksputbeatkm itlfUe. The Publishers cannot be responsible for Remittances
IBiew made by Drafts or Post-Offlce Money Orders.

London
The London
Btraet,

office

OOIee.

of the Chroniclk

where snbecriptions

will

is at No. 5 Anstln Friars, Old Broad
be taken at the prices above named.

I

Advertlaements.
I

I

TranHIent advertisements are published at 25centK per line for each Insertion,
bat when di fiuitt orders are given for five, or more, insertions, a liberal disnmnt is made. No promise of continuous publication in the best place csn be
as all advertisers must have equal opportunities. Special Notices in
ang
le and Financial column 6(1 cen's p<T line, each insertion.
'wiLUaii I. naKA,
i
B.
& CO., Pnbllaheta,
O. TLOTD, JJt. f
79
81 William Street,
YORK.

WILLIAM
&

I

DANA

NEW

Post Office Box 4592.

Bw

J
I

I

A

neat file-cover

times,

and

we have

;

on

—

discussed

that

proper occasion it

the

will profitably bear further discussion.
But there is a
change now iu process, through the consent of Europe,
which it seems to us is clearly aggravating, if not i>er-

much

mitting,

of the present suffering from business

depression, and which can be wholly removed.
It needs no argument to prove
during the past three weeks have

resulted from the
England, and the alarm
the drain of gold to the interior could not be

condition of the
felt lest

that the chief fears

Bank reserves

in

supplied as quickly as needed.

went down

all

to the dangerously

As

it

were

these.

The Bank
when

its

The simple

facta

of England, which carries the

reserves for the country, finds

pression in trade

was, the reserre

low point of 27| per cent

before the movement was arrested.

furnished ut 50 cents; postage on the same Is 18
tMts. Volnmes bound for subscribers at $1 60
For a complete set of the Cox.HBKciaL and Fi-vanclai. Curoniclb
*»hr, I8«.'i to date— or of Hc.nt's Mkbch»nT9' Maoazink. IM'J lo ls7i, Inqnire
«t Ilia office.
is

^

many

itself,

at a time of great de-

—

vaults ought to be full, if tvtr

so depleted, that the simple shock to credit produced

\,MONOMETALLISS{

AND THE

CRISIS IN

ENGLAND.

one bank

failure, far

up

in Scotland,

by

throws the whole

nation, yes the world, into a staiu of seui-panic.

The

During the past week contiimed progress has been important point to be remembered is that since 1873
made here and in Great Britain towards a restoration of trade has been dead; that the commercial demand for
oonfidence, and, in some measure, of values. Th« improv- money in the world is at present at the lowest possible
ing condition is fairly reflected in the weekly statement ebb; and yet the reserves of the banks are dangerously
of the Bank of England, issued yesterday, according to low
so low that the rate of interest has been much
which there has been a furUiur gain in coin and bullion higher all the year than the oommercial position warof £1,200,000 (£141,000 of which was from domestic ranted, placing a direct
tax on industries already
•onrces), and the proportion of reserve to liabilities has langnishing.
Nor is this the worst presentation of the
further recovered from 29i per cent last week to 33^ condition.
For while the Bank of England has be«n
per cent this « eek.
The course of prices at London for able to retain, by artificial means, a fair reserve, the

—

silver, Consols and United States bonds and stocks also actual supply of gold in the country has been diminishexhibited thia
shows the same tendency. Trade, however, and especi- ing to a very considerable extent.
ally the cotton-goods trade, in Europe fails as yet to fact by tables a few weeks since, and repeat one of the^
show signs of recovery.
now, to wit, the following statement showing the im-

We

As

the

more threatening

the time disappearing,

it

is

conditions are

thus for ports and exports of gold into and from Great Britain

wise to look at the causes since 18^9.

—

.

TH]5 (CHRONICLE

446

•OREAT BRITAIN'S IMPOKT8 AND BXFOKT8 TO AND FKOM ALL COUNTUIES.
Oald.
Tear.

1869
1870
1871
1872
1873
1874
1875
1876
1877
1878
*

.

(eight

months)

.

Net Import*.

Import:

Miportt.

$68,854,000
94,033,000
108,094,000
92,347,000
103,055,000
90,405,000
115,704,000
117,379,000
77,259,000
48,403,000

$42,368,000
50,067,000
103,491,000
98,744,000
95,356,000
53,208,000
93,241,000
82,578,000
101,805,000
58,837,300

$26,485,000
43,966,000
4,603,000
•6,397,000
7,699,000
37,196,000
22,462,000
34,801,000
*24,546,000
'10,434,000

IVoL.

XXVIU

account for the present struggle and losses of the cottongoods trade at Manchester it is not possible to say, but

would certainly seem to be a very important factor in
We would commend the
subject to our Manchester and Liverpool friends, with the
hope that its consideration will cure them of mono-

it

the problem of restoration.

metallism.

In the meantime, what policy should
easiest

and

shortest,

and

we

ftursne ?

The

about the only way to
through suffering. We, as

in fact

teach the world anything, is
a country, desire the bi-metallic system to prevail in the

Net exports.

world, for reasons often stated. Is it not be»t, therefore,
These figures disclose the important fact that Great
for us to let Europe distress itself until it learns the
Britain, instead of gaining its yearly average of from 825,We would say, then, repeal
folly of its present effort ?
000,000 to $40,000,000 gold, has during the past two
telling
Europe
that we are ready to
bill,
silver-dollar
our
that is in a year and
years actually lost, up to Sept. 1
the Silver Question whenever, it is agreeable to
up
take
In other words, instead of
eight months $35,000,000.
Until that time, however, let us refuse to help it out
it.
the constant large increase its commerce has required in
of the dilemma it is in. Can there be any question about
the past, there is this large loss. How such a change in
the wisdom of our pursuing such a course ?
the movement was caused we all know. First, Germany

—

—

has been absorbing gold
countries of

second,

;

all

the specie-paying

by the depreciation

Europe, frightened

WJIE]Sr

ARE BANK VAULTS SAFE?

week has been the robbery
poor success,
of the Manhattan Savings Bank, at about the hour of
however to replenish their gold reserves and to bo rid daylight on Sunday morning, of
2J millions of bonds,
of their silver; finally, America has entered the same nearly all of them registered and therefore non-negotiamarket and been in competition for the same metd. We ble irregularly. The operators had their tools with them,
must remember, we repeat, that this is all taking place but had little occasion for their use, finding strategy
at a time when commerce is less active and requires less
Having in some way knowledge of
easier than forco.
money for its purposes than any year for a very the fact that the janitor knew the combination of the
In the United Slates we produce gold
long period.
vault-door look, they simply watched for the brief intermore than sufficient for our currency wants, and can val between the departure of the night watchman and
afford, therefore, to look on, longer than Europe can, at
the appearance of the janitor in the bank, seized and
this foolish demonetizing process which they have forced
bound the latter in his own room, extorted the combinaupon us. But in view of the existing situation, and of tion from him by threats, and had then a comparatively
of silver, have been seeking

— with as yet

The

sensation of the past

—

the light the present experience has given

seem

u«,

does

it

to be met by

thi'^

proving

impracticable

Yet

itself

this

is

they

only one side of the

the present depression

in

and the

evil,

movement

business.

A

lesser

aggravating
worse effect is
is

resulting from the depreciation of silver.

we

At

know, are very small even when
there arc any. Look at the exhibits of the cotton manufacturing industry at Manchester; the margins V)etween
the raw material and the goods have a'most constantly
diminished since 1873, and even at that date spinnei-s
claimed that the business was unprofitable. In connection with this known fact, notice the following Btatemont
of the average price of silver at London, each year since
18V2, and the decline each year in pence and per cent.
ail

—

SII-VEH— AVBRAGK PRICK AND YEARLY DECLINB.
rear.

Ar. price reaW.v Deelitu.
per ounce. I'erOz.
S

1872.... 605i« d.
1873 .... 50 'id.
1874.... 58B,oil.
1875.... sdTed.

!

1876
Ihad.

l-7«

015i(j(l.

1-58

lT,sd.

2-47

•For 1878 the present

price

Is

At. price Yearly Decline
per ounce. Per Oz.
i

TCear.

....

52 •Ud.

4i8a.

1877.... 54i»ir,<l. t2i,od.
•1878 .... 50iad.
45i6a.

7-25
t3-91
7-87

•

given instcad'of the average.

Adv.iuce.

This statement shows a

tot.al fall

officers

and

if

may have
perfectly

are said to allege, in their

they had taken every

they say

this, it is

honestly thought
evident that

if

known

pre-

impossible to deny that
so.

Yet, inasmuch as

the safeguards they em-

ployed extended to the known limits of possible precauno safety in bank vaults anywhere, it

tion there is

England has becomes an interesting matter to inquire what those

a very large trade with silver-currency countries.
present, profits, as

it is

The bank

justification, that

caution,

?

side BO far as the demonetizing

t

easy task.

wants of commerce in Europe are
own
one metal ? Is not raono-metallism

possible that the

of 9 13-lCd.,or 16-27

per cent, from 1872 up to the present time. Of course,
goods shipped to India and to other silver-currencypaying countries, must be paid for in silver, and unless
they rt'ccivo a higher ])rice there than elsewhere they
must lose on the exchange just the depreciation ruling
In other word;--, 10-.^ per cent per ounce of
in silver.

limits are.

The indirect attacks upon bank vaults, from the inside,
through defalcations, are in a class by themselves, and
are the most difficult of all to make impossible; the
"
direct att-icksi, from the outside, consist of " sneaking
during business hours, digging through the defensive
walls, as in the very remarkable case of the Ocean Bank,
some years ago, and of the plan commonly resorted to

—

and imitated successfully in this recent case
of seizing the cashier in his bed and compelling him to
As
open the doors or to disclose the combination.
defense against the wedge and blowpipe, walls are necessary which will resist for 30 hours, and as these need no
repairs, it is economy to have them good; but, of course,
it is as easy to walk through one open door as another,
and the most impregnable walls might as well be paste

in villages,

board if strategy can get the door opened. In this case,
there have been sneers at the police for not discovering
that something was wrong within. There is no evidence
that these are deserved; the thieves were as cunning as
is i self sometimes a sliiold,

they were bold, and daring

when dwellings have actually had their contents
removed in furniture wagons, in broad day, while the
as

owners were absent in the country, the thieves finding
their immunity in the fact that the neighbors, of course,
India at a given price to-day, compared with no discount supposed it was all right. Nor can the janitor of this
on the same sales of 1872. How far this circumstance may bank be blamed. lie was not paid for heroism, asid.
silver represents the discount on a

bill

of goods sold in

I

November

3,

THE CHRONICLE.

1878.J

although bank
timcs refused

officers in

the like situation have sorae-

and one actually

to yiclJ,

lost his life

rather than do it, it is not right, because it is wholly
HBpeoessary, to subject any man to such a trial; given, a

447

because

it had acquired the habit of receiving iho
ipecial
deposits of individual.-! for safe keeping bcaides iu own.

The

safe-deposit companies are not robbed; they are not
oven attacked; and why?
8imply becatue they use
(j&hicr wlio knows and can fully control the combina- double or treble locks, each requiring a separate man to
tioo, and the bank vault can bo attacked by surprising open it; they then add the autoraatio time lock, which
opens itself when ready, and defies everybody until it is
an unarmed man in his bedroom.
In entrusting the combination to their janitor, there- ready; then the vault has the electric connection just

bank managers practically left the door of
But what are the precautions they could have taken? In the first place, their
discipline was lax, in permitting an interval of ten
minutes or so between the night-watchman's departure
and the janitor's leaving bis bed; the banking room
should not have been left alone at all. But that is the least
important point. By having two or more locks, set
differpntly, so that' no one person can open more than
fore, the

their elaborate vault unlocked.

described; and there

is an armed guard, who do not
the combinations, and never leave the place except
during business hours.
These multiplied precautions
make attack so hopeless that a burglar would as soon

know

handle a lighted shell as go near a safe-deposit company,
knowing that he would simply throw himself away.
These criminals never proceed without some knowledge
of the defenses, and to make a vault impregnable is to

ensure their not troubling it.
It is idle nowadays, for
compelled to attack several persons city bank officers at least, to profess security without
simultaneously, and this simple device so multiplies the taking these known measures for obtaining it; and if
risks that he deems it better to use his tools direstly; it is not practicable and proper for the sUtute law to
burglars were never known to attack in more than one enforce this duty of precaution, public opinion should
place, and a second lock would have prevented this bur- insist upon its enforcement.
one, the burglar

glary

—

is

would not have been attempted at all, if the
for it. There is another

it

EGYPT AND

way had not been prepared

appliance, however, of vastly greater utility

— the

chro-

It

would appear

ITS

as

if

NEW

GOVERNMENT.

the difficulties which hindered

" time" lock.
This is simply a watch the reconstruction of the Egyptian government have
movement set on the inside of the door, which locks the been at last wholly removed. French jealousy stood in
lock and will not release its hold until the hour for the way of a complete settlement; this was provoked by

nometer or

open at nine o'clock, for the appointment of Mr. Rivers Wilson to the position
and the makers of the lock of Minister of Finance; a compromise has now been
itself might be present to assist the burglar, but there
made by the appointment of M. de Blignieres to the
would bo no such thing as getting in except by breaking Ministry of Public Works. M. de Blignieres and Mr.
Such a lock costs money, but so does precaution Wilson will sustain to each other the relations of colin.
always; if one had been on the vault door of the savings leagues. For a time it was feared that unless some conbank, it would have baffled the burglars, and they would sideration was shown to French sentiment, the cordial
have made no attempt had they not known it was not friendship existing between France and England might
which

it is

example,

set arrives; if set to

all

bank

the

officers

there; furthermore, if, as has been stated, the janitor
had the combination so that he could take oat and dust
the books at a proper hour, the time lock could have
opened the door for him for that purpose.
The crowning safeguard is in using that most wonderVaults may be,
ful of modern servitors, electricity.
and hundreds of them are, so connected that the
slightest attempt to meddle with them gives an alarm
and brings the depredator quickly into a trap of his own
springing.
The alarm is unheard by him, because given
at

a distance; the connection is generally invisible to
if it is not, and he finds and cnts the protect-

him; but

ing wire,

it

forth his

does

its

He may

.being cut.

hand

work

all

the same by the act of

look at the vault, but

to touch

it

it

if

he puts

by seizing him.
was devised, it was

retorts

Before this adaptation of electricity

a race between the ingenuity of the safe-makers in combining metals which could not be drilled and joints
which could not admit powder, and the craft of the
burglar, but now that craft is finally baffled.
The time
lock makes it positively impossible to get in except by
force, and brings the question- down to one of the impregnability of walls; the electrical attachment makes a

weak wall equal
be touched

it

devices clearly

to a strong one, for

when a door cannot

certainly cannot be opened.

form a perfect

These two

security, except against

the treachery or neglect of employees; for outside attacks
they leave no avenue whatever. But the savings bank

The compromise has happily removed
and the Rothschilds on both sides of the
channel are so well satisfied with the arrangement that
they have come forward and offered most substantial
assistance to the re-constructed government.
It ia
stated that they have pledged themselves to the extent
of five millions of pounds sterling a figure which shows
that they repose immense confidence in the resources of
the country, and in the men who are now in control.
It is well known that Eg3rpt'8 finances have for several years past been in a most wretched condition.
Externally, there were many signs of prosperity; but
there were those who knew that, while the Kbedire was
multiplying his palaces, adding to his harems, building
opera houses, importing and sustaining the best artistic
talent of Europe, and otherwise indulging in the most
costly and ruinous extravagance, he was literally sacking
the life-blood out of the country, and that beneath all
the glitter and show there were rottenness and corrupIt was not until ho found he could no longer
tion.
borrow in the markets of Europe that he realized hia
bankrupt condition. Thereupon, a joint English and
French Commission was appointed to examine into his
affairs; and afrangements were made whereby it was
thought, by judicious management, his credit could be
be endangered.

all

differences;

—

restored.

The Goschen-Joubert scheme, however, proved a

because the carrying of it out was left in the
had neither of lUom^-not even an adequate guard set; Khedive's own hands. Matters grew worse and worse,
the door was locked, but the janitor was the key, and and the difference between revenue and expenditare bethe thieves had only to go and get him.
came more alarming than ever. The Khedive, again

Of

course, a sufficient

failure,

armed patrol can be added; and finding himself in straits, issued a decree for the appointbank was all the worse ment of a commisnion of inquiry, and declared that no

the carelessness of the savings

,'
;'
;

THE CHRONICLE.

448

secure which does not conform to the
and sound principles of good adminisA commission was appointed; and of that
tration.
commission Mr. Rivers Wilson has been the leading
Nubar Pasha having been recalled from exile
spirit.
and placed at the head of the government, the committee had every facility for the prosecution of their
Accepting the challenge of the Khedive, and
task.
taking the high ground which he himself recommended,
they have shown in the most conclusive manner that
never were justice and administrative expediency so
neglected as on the banks of the Nile. The will of the
Without conKhedive has been supreme in all things.
sent of his Privy Council, or rather in spite of his Privy
Council, he has been in the habit of levying taxes from
his people; and so enormous have been his demands that
he has impoverished the fellaheen and paralyzed their
energies.
In place of giving his whole attention to the
affairs of government, of which he persisted in keeping
entire and absolute control, he complicated his affairs by
extensively augmenting his private estate, which now
comprises about a million of acres, by multiplying his
sugar mills, and by other speculations equally foolish
and absurd. Under such circumstances, book-keeping
and all government affairs were in the most chaotic conWhen money was wanted, the usual resort was
dition.
to taxation. The result has been that a majority of the
fellaheen, unable to meet the unjust and repeated demands, have mortgaged their lands, their cattle and
their farm implements to usurtrs; and they and their
Such is the
ruler have become bankrupt together.
condition of things which the commission of inquiry
has discovered and exposed; and their recommendation
has been that the bondholders, if they would save themselves, must come to the rescue and save Egypt.
The new government, of which Nubar Pasha is President of the Council, Mr. Rivers Wilson is Finance
Minister, and M. de Blignieres is Minister of Public
Works, is the result of this recommendation. Ismai
Pasha is not dethroned; but, for the time being, he has
consented to retire from all active participation in
administrative affairs, and to content himself with the
discharge of the more ornamental duties which attach
There can be no chance of
to the Vice-regal office.
such failure as followed the Goschen-Joubert scheme;
for Mr. Wilson is to be in possession of all the power
which belongs to the Chancellor of the Exchequer in
England. His position is well defined. The commission demanded of the Khedive as preliminary to any
final arrangement, not only control of the government,
but the cession (1) of all the lands of the Dairas Sanieh
and Khassa; (2) of all the property which the Viceroy
proposed to give, as well as that which he proposed to
keep; (3) of all the buildings which he possessed; (4) of
any other properties which may have been omitted.
"As for your conclusions, I accept them," was the answer
of the Khedive. Of all this property the new Finance
Minister has absolute control. His task is not an easy
one. He has to provide for an expenditure which at
the present rate is about ten millions sterling a year;
and he has to raise the money by imposing taxes upon
an already impoverished peasantry. Mr. Wilson's first
duty is to that class. His first thoughts are to be given,
not to the bondholder or to the Khedive, but to the
means and cultivation of the soil. The peasants are to be

State revenue

is

rules of equity

[Vol. XXVII.

The plan

upon.

of reconstruction has been well considexpected that the Egyptian finances will
be put right in a day; but controlled, as they are certain'
It is not

ered.

•

to be, in the interest of the country

and of the people,

well as in the int-^rest of the bondholders, and by a

asi

man

who commands tne confidence of all parties, there can
be no doubt that they will, at no distant day, be in a
healthful and even flourishing condition.
The country is
as rich as

it

annually rolls

ever was in natural resources.

down

The

Nile

wealth of waters as faithfully as
it did in the times of the Pharaohs.
Egypt suffers only
from bad government. Good government is all that is
its

necessary to restore her prosperity.

amount

i

The Daira

|

'

lands

917,000 acres, and their revenue doesnot at present exceed $4,250,000. It ought to be other-,
to about

wise; for the average net revenue of

the best lands

is

from $15 to $20 per acre. If this is true of the Daira
lands, what must be the condition of a large portion of
the country where the peasantry are without the means
of cultivation. A few years of wise and economic
government will bring about a great revolution in the
affairs of Egypt.
In the upper Nile country, there is
infinite room for expansion.
With the government in
good hands and the soil well cultivated, she might, in
the matter of cotton alone, become one of the largest
producing centres

in

I

the world.

I

HARSHNESS IN OUR CUSTOMS SERVICE.

A

fortnight ago,

we

discussed the case of the govern-

ment and the importers, arisen in reference to kid
gloves, and now another case is reported which is worth
j

sketching.
lation of

It

appears that, preparatory to the cancel-

some bond

given, three years ago,

by a

cloth

!

importing firm, and the acceptance of a new one, the
Custom House officials, a few days ago, set about looking
over the records of the firm's importations. In so doing
they discovered that by an error made about six months
ago, $10,000 less was paid for duties than should have,
been.
On being notified of this, the firm at once tendered payment, but the officials refused, on the ground
that this " would make a precedent of which persons
" who deliberately undervalue importations would take

'

j

" advantage, upon the discovery of their practices."

The sureties upon the bond, who happen to be a wellknown banking firm, were then notified that a suit would
be commenced against them for $80,000, which was the
aggregate value of the importations upon which not
the duties had been paid.

To

\

all

this the firm naturally

demurred, but asked that the matter be not made public
and that they be allowed to compromise by paying
" As the Custom House officials were con$30,000.

i

i

" vinced that the government had not been deliberately

,

"cheated, they reported to Secretary Sherman in favor

" of the proposed compromise, and it was understood at
" the Custom House that the recommendation of a com" promise had been approved at Washington."

We give this brief recital in

almost the same language
Probably thousands of newspaper readers glanced at the paragraph without being conscious of any decided mental impression from it, but
that only shows what indifference has been bred in
us all by long familiarity with transactions of this
nature.
Take one comprehensive statement of the facts:
government, by what was admitted to have been an
error and not an intention, had been underpaid ten thoushelped to get money out of the soil before they are and dollars upon certain lots of goods ; the importing
to be asked to give it to the government in the shape of firm said, if you think you should have received this
taxes.
money we stand ready to pay it now; the Custom-IIouse
The new arrangements have not been rashly entered said, no, if we let you off we shall encourage others to
as

we

find

it

;

reported.

,

|

I

i

\

|

'

'

'

M

.

NovKMBEn

3,

THE CHRONICLE.

1878.J

think they may safely venturo to try undervaluations
upon us; 80 the Custom-IIousu turned about to the sureentire value of the
lies and proposed to sue for the
accept
thirty thousand
decided
graciously
to
goods, Init

Government,

dollars instead.

V)y

mistake,

first loses

ten

thousand dollars; refuses to be repaid, and demands
eight times its loss from third parties, but finally stops
with robbing

them of three times

its loss

!

44

day of the month the roarkots of the world were uton>
ished with the announcement of the failure of the City
of Glasgow Bank, willi liabilities appronohing £10,000,000.
This institution had been regarded an one of great
strength until within a comparatively short period, sur-

rounded as

it was by the proverbial safeguard* which %
personal liability of stockholders has given to the Scotch
banks; but a course of over-trading, too large advance*

an exaction like this were levied, in private transactions, by an individual liaving power to enforce it, it

on merchandise, accommodation to directors, and drawing bills against nothing, finally brought the bank into »

would be deemed a monstrous outrage; if it were levied
by some semi-barbarian government, it would be called
an exercise of brute force, in a way naturally to be
expected, which desired to take and gratified its desire
upon whatever was handiest to reach; being committed
by a democratic government certainly does not better

state of insolvency.

If

the moral quality of such conduct, which is not justified
by the fact that it has precedents, the most memorable
of them being the case where, upon invoices amounting
to over a million, the government exacted $271,000 as

Following the Scotch bank failare
heavy mercantile firms,

came the suspension
and the

of several

financial outlook in

The permission

by the law does not justify the infliction of the penalty,
for even fraudulent undervaluation is surely not the

But what ought

worst of crimes.
the

fact

thus

considered

is

heavily

that

these

be said when

undervaluations,

are not of the nature of

with,

dealt

to

smuggling, are not intentional, but are almost always
errors

which the law

itself

not only makes possible but

The undervaluations

almost unavoidable ?

are questions

tlie

10th of

October 24:
voTixmTs or bcluom

m

baxk or iifeiaxD.

Lmli
ting

Sent to tuppty

Uteorded
injtux.

compensation for a total loss of $1,600.

T^ondon about

month was exceedingly gloomy.
The Hank of
England lost specie rapidly, and advanced its discount
rate on the 14th to 6 per cent.
The following table
shows the liank movements between September 20 and
the

DomtACi
wanU.

Ifurtntt by
Batik.

£8M,000

October 84
October IT
October 10
October 8
September 38

fl,»4.U(.0
650,000

£110,000

1,552,000

I,M7,000

MS.KH)

5I»,001
5,480

Total

£4.031,000

In

New York

e
800.000
$'8,000

MX

7«,M»
4t

SeO.590

£3,507,480

there was but

PmforCn
nt*nt(o

l,4go,000

3;(t,000

—

£1,SM,K!0

little

£l,261,0t0

practical effect

from

the flurry in London, except in the rates of foreign

exchange, which declined sharply, and then advanced
quite as suddenly. An attempt to corner gold and force

up the

rates for

money was made by

speculators in stocks

and questions which scarcely admit a settlement in the week ending on the 14th, but the announcement
free from challenge; that is, they are not questions of on that day that Secretary Sherman would pay called
They bonds on demand broke the stringency and caused
fact which can be determined without any doubt.
are such as, how many threads are there in a square inch stocks to rebound sharply.
The yellow fever in the Southwest declined rapidly
of fibre ? of what is a certain article composed ? in what
about the 18th of
class is it to be reckoned for assessment ? or, most f re- after the occurrence of the first frost
of fact,

—

quent and vague of

all,

necessarily in

government makes
so

are the goods worth in the

The determination

place of purchase ?
tions is

what

it

good measure

wholly

so.

At the New York Slock Exchange the transactions^
and compared with three previous months, were as follows:

of such quesarbitrary,

First, the

complex, vague., and inconsistent, that

the month.

law

it is

is

made

far easier to

Augntl.

Sfptmibtr.

$8,0i8,lU0
4S1,000
4,856,000

$7,8«5.70O
5i8,OXI
6,171,100

July.

U.S. Govemment bonds. ..$lS,«.b«,550
872,000
State bonds
6,15;J.800
Railroad bonds
S,W8
shares.
BanKstocks

Oeleitr.
$7,4«7,eS0
441,400
7,168,400

by decision than by interpretation, and differ644
1,881
1.4»
8,009,486
4,448,U2
8,416,058
8,680,305
Kailroadandmiscel.Btks. "
ences must arise; then the government decides everyThe following summary shows the condition of the
thing in its own favor, and demands the confiscation of
the whole business.
And to crown the whole, the New York City Clearing House banks, the premium on
rate of foreign exchange, and prices of leading
C'ustom-IIouse is always making "discoveries" of erron gold,
and articles of merchandise, about the first of
so that the importer never is quite sure when he has securities
in each year, from 1875 to 1878, inclusive:
November
There
done with it on a particular transaction.
BTATISTICAI, SUMMART OK OB ABOLT NOTIVBEB 1, 1675 TO 187^
does not seem to be, as by law and consent there is in
1875.
1816.
1877.
1818.
respect to everything else, any rule of limitations;
on the contrary, the Custom-IIouse is liable to say to any New York Cily Bankt—
>75,n4,aOO
Loans and discbants.. f S15,lfl8,4f0 S38,t16.8aO 980,68l,«00
9,ato,9as
17.416,600
16,S16,«00
importer, you should have paid us a dollar more than
Bpecie
5 1»,860,500
lJ,aM.6X)
11,807.7m
17,196.800
19.889.700
Circulation
|
ttt.orajsoo
ai5.SN,»m
iait,a64,tuo
now Net
you did pay on a transaction several years- ago
deposits
{ 2Il,09(i,700
&3,4.^^.4oo
46,35.1,810
89,531,900
39,9l'.2.S0O
$
Legal tenders
8,ior,t&o
».»tS,175
pay us a hundred dollars. When the whole business is
8,878,S;6
7,048,8X5
Surp. re?er?e (over 85 0$
Exchange—
Uonty, Oota,
demand
t-s
as
5-7
examined, it reasonably resolves itself into
8-t
4-6
Cdliloans
4-6
5-6
6-6K
6J4-1H
Prime paper
liO
llS.V
arbitrarily so as the order to " stand and deliver " given
V»H
100^
.
Gold
enforce

it

;

—

upon the road.
It is perhaps useless to complain of the
follows the nature of the tree that bears

SiWerln London, ^oz..
Prime sterl. bills 60 days.
fruit,

it.

whioh

The

cus-

United Slat'i Hands—
5 90 bonds, '67, ci ap
6s, currency
10-40S. coupon

4)is, 18«l,conpon
toms administration is oppressively and even out4a of 1S07. coupon
BaUioadSlockt—
rageously harsh in its dealings with merchants, not
N. Y. Cent. * Hud
Erie
merely acting unjustly, but forgetting the first princiLalceS. & Mich So
Michigan Centr«I
ples of justice itself.
Unquestionably, the revenue is
Chlc.Rk. 111. JtPac
Illinois Central
sometimes defrauded, and is not always wrong as to the
Chic. & NorthwcKt. com.
facts; but its conduct seems based upon the indefensible
Chic. Ml!, i St, P. com.

Del.

rule that it

never

is

and never can be wrong.

FINANCIAL REVIEW OF OCTOBER.
The past month was one of considerable excitement in
both at home and abroad. On the second

financial circles

Lack

Central o(

&

West

N.J

MerclumdlM—

_^

.

Cotton, Mid. Up.. ««>..

Wool. Am. XX * ft
Iron.Am pig No.l,» ton
Wheat, No.« splrne.* bu
. .

Corn. West, mix,
I'nrk

me«.

y

V t"""-

bfti

50Wd.

4 8«-4

8<M

4

55d.
81

80M-4

ma
MOH
ms
lot

108K

58Xd
4SlX-4ldK

S7d.

4

78M-41*

tl6M

121

van

VUS
U6X

106

inw

100

niw
70

13

UK

asw

51M

61
101

115X

74
35
SI

8'X
M

sa

IS

<IX

IIM

8 7-16

K-M

U 50-11 90
93-

M

^
»i
n't

M45

ano-

tt7-l»

IIS-

SS-SI

45-47X

in- SCO

Ni

Mv-nob

18

14

30-1150

ass

m
....

56-60

....-17 00

8"
MS

«^

Moo-asoo
I»- 1*6

n-7»M

...

THE CHRONICLE.

450

— 10-JOs--

^Oe, 1881-, .-.vaOs.Coapon^,

BANK MOVEMENTS AND THE MONET MAKKBT.
In the statements of our Clearing-House banks the
worthy of notice were the fluctuations

principal changes

in the specie item,

and the continuous decline

in legal

tenders.

The money

market showed a hardening tendency in

the early part of the month, but, on the pressure brought
to bear by manipulators of the gold and money market,

advanced in the week ending with the 14th, and
call loans were quoted at 6@7 per cent.
Subsequently
the pressure was removed and business was generally
done at 4@6 per cent on call during the balance of the
month. Prime paper was quoted at 5@6 per cent
during most of the month.
rates

Oct.
6

9
10

CITT

Oa.

BANK STATEMENTS

13..
19...

20...
21...

Oct. 19.

$

s

s

a)8,5.91.l0"i

S4>,108,')00

15,.'J4r,800

19,860,.'i00

43 363,200

848.(31,300
13.991,100
19,593.100
310.041.3)0
42,050.890

19.601.200
203,114 600
40,729.100

18,889,700
211,098 700
39,982,500

7,43i,0X)

3,5!1.60:i

4,'240,700

7,048 825

247,881,900
17,509,700
19,577,5C0

Specie
Circnlation

Netdeposits
Legil teoders

214,103,'IOO

Sar,.lusie8er»eover23^..
Range nf callloane
Rate of prime paper. .

—

5 @7
i}i^ii

.

4
5

@7
@6

Oct. SO.

@6
@6

4
5

4
5

The

(specie

and merchandise both included) was

against an

The

BXPORTS AND IMPORTS OF THB UNITSD STATES.

Imports...

Excess—exports..
Excess— mports

lO.iK

106
.'.;.'

105'.-

lOSh' 108
10h>< lusji

..

.... 10574
10554
10i}4 103

look

'.'..'.

AND

91 11-

94
91

5-

94

7-

J-

165" 105J4

New

of

Date.

1881. 4X8,

....

103i,i

...

1057i 103J4 10374
105>4 10:3»4

9974

119X
11934

IJOK

106
103)4 103Ji 9974 1!9)4
104
106)4 101
100>s 120)4
IO274 99)4 119)4
10,5)i 103
104
106)4 101
100
ISO7,

for

5-31I,

Money.

1867.

106
10374
106 )i
106)4

20
21 93 13
22 93 13
••
2;3 93 1.5
" 34 94 3"
25 94 1
' 36 94X
'•
27
'•
28 94 3-16
" 29 94
"
30 &4 5-:
'•
31 91
Open. 94)^
Highest 91 11Lowest 93 13Closing 91 9-

107)4
107)4
107)^
107)4
107)i

"

108)4 108)4 lfl5»4
108X 108)4 105)4
103)4 103
jlOiX
108)4 108
105)i
108
10774 '105!<
108
10774 103

.

\01H 107).- 107)4 10434
107!i 10" 54 107)4 104)4
107)4 10754 x6)4 105
107 )« 107)4 106)4 105
108
loax 105)4
107« 10?!<' 106)4 105)4

10-iO

.5s

of

New

1831, •1X9.

Oct.

10f>)4

S,

94)4
94)4
91)i
94 394 594 5-

H9K

SEOORITCES AT LONDON IN OOIJBIB.

U. S.

S

94)tf

108
9974 119}4
10274
119«
103)4 103
10 («
....
103>4 103>4
.... 100
103>i
U9X

Oousols U.S.

1867.

1U774
IO774
107)4
107)i
107)4
10774

9974

llOX

.. 103J4 100
1C374 105J4 I03.',4 10o54 9974
lf6;4 I03?4 1031.4 100

106)4
WX 106)4
108

105if

103
10854 1U8H
107)4 108)^ !08l/a
9374
94
10774 108)4 108 Ji
94 3-16 107)4 108!, 108
94 5-16 107)4 10Si4 108
7-

103)i

•
103

li;3«
106>4 105
lOoX 103)4 10354 100
10574 103X 10374
•••
104
mj'i 10674 106)4 104

....

94)tf

94

....

105X

....

105 »i

5-20, 10-40 58

for

lOSJi

105,'4

ConsolB U.S.

Mouey.

i<9;£

105?4
103 <;
11554

106

I0S>4
lIigheBt.lOJ)4 10S>4 Wi'i 106X
108J4
Lowest.. 10r>, 10 ry, 10 iX lOoX l,r77i 103^ 105)^
Cloeinz. 108)4 108)4 102)4 106,!» 103
10674 106)4

Date.

....

,106"" 106
J4 105«

105J4

CLOSINU PRICES OP CONSOLS

99JJ

lC3>i

lOSX 103X 105i4

^06>4

lOSX 103

103X

10.5Ji

...S ....

105 ji

108>i

80

\l

:07X

103
103

106)4 105)4
u;6), 105)4
;oii
105
1079i£ 105)4
107 ^4 10574 105
107)4 106
103)4

107H

my,

S.

107)4 107)4 uiox- 103)f
107)4 106^ 105)4
107)4 100 »k 105)4
108)4 108
10634 10554
108
108)i 108)4 106)4
l'.)8),4 106)4 108(4 106)4
107)4 lO?^ x;!)4 104 !4
x6^ 105J4
108)4 11,8

ma
my,

97 l!- 16 109)4 111)4 n^'X IWJf
93 13- 16 106M 104 a 103)4 102)4

EAILEOAD AND MISCELLANEOUS STOCKS.

The stock market showed
of the

Nine Months.

September.

Montlis,

mw

considerable steadiness in

the early part of the month, but under the manipulation

-1877.

.

Nint

107Ji 106)i
107!^ 108

103Ji lC3>i 99«
.... 103 Si 10)
loavi loox

105J4

i67>i ib'jji

1)19,601,564,

1877. The following is a summary of the movement of
both specie and merchandise, all in specie values:
1878.

my.

211

1878, was $208,808,577,
against an excess of $79,167,114 in the same period of

,

105K

io5>i;

of exports for the nine mouths, from

September.

l65Ji

10754
107 Jf

1073ii

Oct.

43,

,

1057,'

103>i

.... 106)i

(^5

®B

107%

.

.107^ 107 J£ 103ii
.107X 107 J4 ia25£

24
25
26
27
88

to September 30,

Merchandise—
Eiports

m

10774

excess of $14,751;568 in September, 1877.

1

.\mx 107«

1051.4

.107^
.107X 10754

excess of exports over imports in September

total excess

January

103

83...

The total figures of the foreign trade movement have
been reported by the Bureau of Statistics up to the close
of September, and for the nine months of the calendar
year.

lOS
108
107Ji 103

23...

POEEIGN TRADE OF THE UNITED STATES.

68, '81. .-4)is,'91—

coup. coup. reg. coup. cou.

reg.

1868.

S.

Openingl07Ji 107!^ 103

Oct. 13.

5.

$

Loans ani dlscounta

IN OCTOBER.

'63 n. 1887.

coup.

reg.

mx

11...
18...
13...
14...
15...
16...
!7...

31

NEW YORK

[Vol. XA.VU,

J57,934,808
37,399,541

$533,729,118
884,698,631

$50,290,322
34,781,983

$435,774,583
371,814,219

money market,

seriously depressed,

referred to above, prices were

and reached low figures by the

14th,

when they took a sharp upward turu on the announcement that the Treasury Department would pay called

$20,523,267

$209,130,487

$15,508,339

$54,460,331

Specie—
Exports

$065,935
1.577,68i

$21,955,683
82,277,533

$.3,03?,611

Imports....

$42,823,854
18,117,074

bonds on presentation. In the last p^rt of the month
the attention of the market was engrossed with the

$54,706,780

movements

321,930

756,771

$38,578,793
38,977,239

$555,63(,748
316,876,319

$53,313,933
a8.63a,365

$438,593,437
389,131,323

8U»,6JI,5t)4

J.'08,SJ8,'.37

$14,751,563

$79,167,114

i

Excess— exports.. $
Excess— imports..
923,703
Total Xercharulise and SpecieExports
Imports

Excess— exports..
Excess— imports

I

-S

3,840.382

VESTMENT SECUEITIBS.

Telegraph, which
"Western
"Union
on the reports of a coming distribution
of the stock held by the company.

advanced

in

to 102

The following table will show the opening, highest
lowest and closing prices of railway and miscellaneoue

New York Stock Exchange during the
months
of September and October:
during October
stocks at the

The dealings in government securities
KANOB OP STOCKS IN SEPTEMBER AND OCTOEEB.
were not, relatively speaking, of large volume.
The
-— — Octol^er.disturbances in gold and money, and the unsettled condi'September.
Railroad Stocks, Sept. 3. Hieh. Low. Sepr.Si Oct. 1. niKh. Low. Oct. 31.
tion of affairs abroad, as well as the advance of the Albany & Susquehan. •SO
•82
8:)
81
83
'79
SO
8,J?i
Bur. C. Rap.A North.
23
22)5
2)!4
....
2lii
22X 3,3
season here, were all unfavorable to a large investment Central of N. Oers'ey.
sa'"
30
33
31174
8654
26)4
38J4
39X
Chicago & Alton
*so
85
V.)y,
*80!<
83
•83X 84
demand for governments.
do
pref.
101)^ 101
•101)4 104!i 102
•102X
Chic. Burl. & Quincy
108 ji 112)4 10874
113
103
l!2)i •112
Railroad bonda were generally quite strong in prices, on Chic, Mil. & St. Paul, 2774
.32)4
37 >4
3134
3174
-MH
3134
32J£
do
do
pref.
64)4
61
68)9
67)4
61X X6754 xi)8
a moderate business. With the higher prices for stocks Chicago & N©rthwc3t 34)4 7174
42)4
41*4
41)4
3654
HH
33X
«H
pref.
64% -i}i 64
74^
71)4
74)4
68)4
71K
and the gradual recovery of confidence in the value of Chicago do
& Roct Isl'd 117)4 119 116)4 118« 118)i 11854 xll2>i illSX
Cleve. Col. Cin & Iivd.
38
S8
33
33
33
2954
31)4
345i
-"
railroad property, there is a renewed demand for rail- Cieve & Pittsb'g,
guar
85
7954
8414
83
84)4
84)4
80X
Chic. &, I. C.
•354
-4)4
8)4
474
6>;
374
4X
4X
road bonds for investment. A list of low-priced bonds Columb.
Del. Lack. & Western
5254
51)4
5654
50>^
65)4
56)4
48)4
6-2 (^
& Sioux C.
65
62
63
63
56
was given in the Investoes' Supplement of October 26, Duljuque
Erie
iiii
18)4
14)4
lOX
14)4
14)4
1374
1354

m

not with the definite advice that investors should purchase those securities, but with the suggestion that they
appeared to be worthy of investigation, and that, under

do $4 ftsi-ess paid
do uref
do IJaasesspiid...
Hannibal & St. Jos.
i3X
do
do pref.
355i
Harlem...
tl39

the advice of well-informed brokers, some of the bonds
named might be found a safe and profitable purchase.

Ulinois Central ....
Pacific.
Lalce Sh.
Mich. So,
Louisville
Nashv

OLOSINa PRICES OP aOTEBNMBNT BECtTlUTIKS IN OCTOBER,

1878.

—

.-66,1881-.. ^5-308, Coupon^ ^—10-408
58,'Sl. ,-4i48,'91^ 4s,
reg. cuup. '66n. J887. 1863, rcg. conp.coup. reg. coup. con.
.

Oct.

1
«
,2
f<
B.

,„-.;;

'E'*

\l%^^^^
1"''*
•••
108

,Ai;-

107>i(

107%

•—

ma

ioi>>i

my, 'Muxma

106!,'

10'-3i

108

....io3?iioo
W,X 103« 103!< W.i%
lOSJi
.. 103«
99%

lOSJi

108

106

....

.

103X

my,

....

....

6s.

cur.
....
....
....
....

,

.

.

•80

Kansas

&
&

.

Michigan Central
Mo. Kansas & Texas.
Morns & Essex
Nashv. Chatt.&St.L

New -Jersey
New ilersey Sonthcm
N.V.Cent.iSS

Hud. Eiv

* Price bid.

23"'

38"'

16)i

13!^
35
13H)f
78

136)4
S254

U-i

6354

40
138 !<
63)«-

733

68X
82^

69)4
36
Ti'A

ma

t Price asked.

63)^
2)4

i%
85«

S2;-4

3<)(4

S3

l-TJi
*1

39

1J5

15i4

ISil'

*33J(
•13)
8J74

ii0)4

iV,

im

•34

69

IIU.!!?

1554

40
83

mn

29
1354
86)4

133
74
474
B4!4

.35

35

35

71!i
3)4
85)4

nv.

7154
4)4
S4S4
30

66

12TX

•1

127X

•1

iii'

109"

•A%
8454

127X

1

17)4

2iH

39X

4X

5
65)4

It)*

23
31

114

113Ji

1S74

14)4

•isex
7954

70
•35
70

»%
78
29

80

lllX

j

.

X

.

NovcunsR 3,

Sept.

Y. Eicmloil
N.V. N. lUvMi

8fpt«mh<T
UiKb. Low. 8«pt.

n..

tlOO

A

KrnswlMiT it Sara
U Alton A T.

8t.L.Iron Mt. A

100

....

loiv

•1

South

4H

8

iU

xOfiV
*ioj

*im

hWiMUtiru t tiiuu Tul

.N(...

do

17

31
64
97 Jt
19
25

prf

8S«
ti4

.»

Adions Express
..
Ainericrtn Kiprp«8...
Un. SiHlt'H Exnresfl...
K.xprcse.

*i03
+50
4U
•80

50H

*m

A

Hud. Canal...
Pnllmau alace
Manbat'in G&a
S«w York Gas

•71

'

* Prices bid.

106 !«

Ao'polls,

Arooat'k.Ni

S8
97
•is
•25

3V

«•<

»4

3««

393(

105
48 V

106S4

tt

SOH
4KK
rax

*i»»i
lOi

lOlH

la

•21

8^

•>JI,V<

53H

w>*

lavf

MK

3n<

VAH

m

47T{
47 5t

!i",f

!'5

ran
vs«

•75

1-0
so

2.^

i'4

80

W9V IM

•93Ji

2)

8'<

41
13

13X

KX

s«x
ii

i<4

ait

•19
•)»

•75

S3

2^

49

SO

!M

25

•awi-i

•lil?<

S8M

15

loa
«•>«

....

43 «
75
ISO

?5
•14

*«w

•107
49
•4-tW

WX
46

•74«
•118

80

I

N

Cvinc't,

N>

Jhmpl'n.NY
CharN tn, S(J

C

lyahoi^a,

Dclawnre,
I)-

Krie.

8,165

I3,9S<I

250

»,OT5

Ore,;i,ii.

declined to 49^d. j;er oz.

i3l,l!t6

»;;i;7
11,U76

After the Glas-

173^ 969

8,661

gow Bank

failure rates declined slightly, and subsequently prime bankers' sterling bills were quoted on the
14th, at the time of the gold corner, at 4.78^ for 60 days

From

these figures there was a

Steady advance, until 4.82^ was asked for 60-days' bills
4.88.} for demand.

nd

OOU) Dl •CTOBBB,

100 Ji lOOJi
lOO>i

4

Satnrcioy

6 100^

lOOK lOOK Saturday
Snnday
.Monday
Taeaday
Wednesday.

ICOSj 100 Ji
:oo>i 100>4 100J4
lOOJiUOOX 10J>«
100J4|10JW 100><

Sonday

t.oi7

<r4»

1'

4^^,5i^
6,610

II

1.M4

::l

S.31I

Sound, \ri
l,3;a|Rlclunond, V«
Saco, Me...

l,I«

52.5M

5,7ft7

39';,IS«

jl'-

8,'.';7Pt.

Uarbor,

S.

61'
1-48

3,2ti3

3W

>

Honday

lOOX lOOK lOOiK
lOOX, 100>i icox
100)i lOOX lOOJj
lOOJi 1C0« 101
101
looj; lOlX

. .

Tneartay

.

Wednesday
Thursday..
Friday
'Saturday

Snnday

12 I0IJ4 101
13

lOOJi

7,585

San DicTO, Ol
Sandnsky, O.

6,371
1,883

S.Francieco.C

2,57:1,614

Ga

105.a5t

•laTannah,

S5.'»i
8.e»i

10UJ4
101

lOl'A 101

Monday
14 t01!< loov my, ioox!
-Tneeday
1q|U«s lOOH lOOS 100^1
Wednesday. ..IfihOOi, irox lOOK lOOX
Thoraday
17lI0(l'^ ioo« 100 >4 inoji
Friday
Batnrday

1!)

Sunday

20..

Monday

21 100 V

is l«)>t 100),,10C)4.100ii

ICO;^ lCO>i 10O>« 100J<
..

"
"
"

"
"

"
"
"

"
"

1876.
1875.
1874.
1873.,

1872.
1871.,
1870.
1869.
1868.
1867.
1866.
1865.
1884.
1863.

IOOX 100^ lOOH
Tne»day
"
22 lOOVj- lOCH lOOH IOOX
Wedeeaday. ..2-Ai;m'/, 100J4 IGOX 100)i
"
Thnraday ,...»4 lOOH llCJi 1110)^ lOOH
i86a..
Friday
.2.1 Icw.H in.i>,' inns^ iiiO!^ Since .Tan. 1, '7i
.

IOOX loojiiDi;,' '.onx
:03)i lOiX 103H !H2)4
110>i ios;< 113)4 I09X
117
114x'll7X|lI6J<
llOX 1093£ llOJi 110)f
.

111>.'

1!4
112!<|:i5MII12«
.|114« IIIKIUS
1:2
.

Oct
"
"

"
"

3 days.

3.
3.

.4.80X04,
.4.S0Xa4.
.4.80V»4,

4.

.l.S0)(ia4.

4,

5.

4.80!<^,

4.

1.

4,
4,

6,

.4.7»X4s4,

13.
14. '*'-'::%&*
15, 4.78X<84
16, .4.7'i ®4,

Ran«e

84K(ai4.85>f

84Xia4.t5>4

S..

;4!w)^a4,
" r' .4 80
a4, snj<
'
!). .4.8)
04, snjf
•'
10. .4.79lii!tl 80
" II.
" 12. .4 7.Sa((ai 7BH
"
"
"
"

'HX(54.8fH

4,

»H
.

7^X

4,

8iVia4.R5Jf

4.
4,

843<l%4.85

8''X@4.84J<
1. 83Via4.S4

4.
4,

8

.

saxai'si"

7^

4.
4.

7ax

1. t5<<®4.(6 ,

84^®4.84,V

luj,' iiaji llllt
139

.!l30

.'140H

liOX
I46X

141»<
.'113
.

II4S

I4!l

!

64i94»

9,0(n

187

116,338

88Mi4

8,282 Saperior,Mlch

....

2',ir8

....

10,JC0

4,015

19.919

stonington Ct

70,V06

Machlas, Mo
Mar'head, M

K)3

Miami, Ohio

130

2,443
126
415,091

Tap'noclc,

Va

"i3 rcche. La
Vermont,

Vu

106,342

Vicksb'gMiss

Wariwro,

Me

66

Sot

Willameue.O.
Wllm'ton. NC
Wlscasser,

41,1S5

r

IsifBO

eported

6,757

Me

887.830
11,180

York, Me..

163,8"J!

117..3t2:

29l',»j'

I6S.

•••

880 Yorktown. Vi

41*53

• $216,867.

The

month

followlnfr are the totals for the

Imports. ..«37,399,541 Domestic exports. »57,2J0,82I
Specie value of domestic exp'^rts, $57,010,560.
I

|

of Sep'ember
Foreign ezp'ts.

(914.948

Comparative statement of the impirt^ and exportu of the
Uuiled States for tlie month ended Sept. 30, 1378, and for the
nine months ended the sime, compared with like data for
the corresponding periods of the year immediately preceding:

....

Total

9Mos.

or

ended

914.213

Excess of exports over imports $$0,5»,i67
Bxce-.'S

Oold

Sent.

.

Mo*,
ended

B

of

S ptem'xr.

3i'.

13,412,676

$5 13,72 1,1

187T

.

Month

(57,aii>,<.6a$S21.'i-<A,4l2

$.17,924.^78
37,899,541

Imports

.

Month
September.
.

to OcUibtr 29, 1878.

1878.

IS

Sept. 30.
$49,316,747 $117,185,118
774,535
8.589,166

$5\«9Vt« $4«.774.58J

3!4,'91611

31.781.983

371.114,219

$209,1.30,487

$IS,S0e,>39

$54,460,334

of imt>ort8 over exports

<t Silver (coin dk bullion),

Foreign
Total

ImporU

$262,191 $1'.,259.315
5,6U7,3U
S91,l«l

$2.}.n416 $33,fl(>5,;W
814,196

a3W,0a5

S<3t,Ma $at.«5\a98

$3.<W,6I1

ttMa,K4

a»,»77,58J

3.SI0,a8t

18.117,074

I,»77,'i88

(24,7W,780
Excess of exports over imports
$756,771
Excess of imports over exports
$921,701
t:!21,9e0
Total Mtrchandite and SpecU.
$57,273,854 $539,591,757 t51,S5«,«n $450,191,217
Exports— Domestic
18.4a7.&W
1.306,189
l«,lt9,989
1,817,730
Foreign
$58,57P,7»3 $5S6,684.7<6 $5.1.373.903 t««8.S9i>,43T
S8,a«*,a«5 3Sy.481.ttS
38,977.2*9 S4»,W6,2I9

Total
Imports

Excess of exports over Iroports~$t9,a0l36l (.0^806,53; $14,781,568 $79,161,114

U2

Illl2'<

l,Oi»

1,130

14-iX

.,149Ji l*/,>i 1.'.63<|145X
113114 laix
!2IJ4

.

LWI
21.IK6
4,386. S0>
5 6,379

143V

.146

BANKIRS' BTCKtJKO BXCHAROni »0B OCTODER,
60 days.

icrjiiiixux

i°,6mi

Oregon, Or

St.AuK'tlne.1'
SL.Tohn s. P..
St. Mark's, F.
8t.Hary's, Ga

6,5«

Exports-Domestic

lOOX October, 1878.
"
lOOX
1877.

NY

Saloai. Mass
Salnria, Tex..

3.

iTerffutndlte.

.

I8>

100,414

....

M

Plyin..iitli,

SPECIE yKUTV.—CorrtcUd

..30 100J4 I00i«ll00^ ioe«
Thursday.... 31 100^ ioojt|;OD>4 icoji

91,«»'

«.8;4,<I»S

25',625

1875.

26 lCO>i lOOU 10 ?.' 10J«
27
as 100« loojiiooji 1C0«
29 lOOH lOflJillOOJi 10->!<

«7.«'4

5,470

T5,;95

Bxportii— Domestic
Foreign

Tborcday..,
Fridar

•.7»i

58,3 IS

3,2ti

OtE liar, N.I

Date.

^fnwday...
iWcdneeda;

'1
1,.|

l.«97.«T

5,7ij4

51,267

1C,1M

t,»»

Pfleisbiir(,',V«
Philadeliaila.

381

Qcorse'n.nc

TOO

Itr7.4:»

10.141
1S.'«4
. S.219

4,3M

5,38t-

4a.«ii

I.O'S,l«
'

Pensarols, K..
24 P.Ainh.iy, .N.;

3l.a-i«

«,2M

i„'.lhi

ST.Mk

l,(l»
151,t«4
25«,&69
.575.'6i7

\4\i>\4

•Xii

NY..

'

.

Date.

64U

P. Ulver. Mliw

...

Qjorijo'n.S C
Glon'ter, Ms

W

«r',7S4

nisi

I

4.48

S9',6io

Fairae:d, Ct
P. Kiv. Mass
Pernaiidlna.

M'town. Ct.
Mlhvank,
Min'sou, M.

Of. ..I
f»T

!
16^694

Mic'can, .Mh

Foreign exchange fluctuated widely.

8S0,5M

I

\\'.

21

Huron, .Mich

n

.... O'jniichle,

....l0.w,,L„.

Pa

KeoneDk.Me
Key West, V
L B Dar, NJ

»l

^»i
17

D

F. Kay, Me.
Oalvejt'n. T
<jeiieseo. NY'

4«l

4,Tt«

3,ia2,9S!l 3,442.925

O

tmit, .M'd

1-

,.-i.V

JJewrwirt.

Va

Chtcaao III.
Corpus Chrir

tit,

M

.lf,.r,i.

110,857

(,'iisilne, .Me.

Cti'Btone,

*
S.44il

11.

5«<

Brldget'nNi
Br'lAW'nlll

Brunsw'kOa
BuirCrk.NY
Burl' ton, NJ

II.

Nw llnv. cil
N IahhIuo, Ut
N Orleans, I,*

16,938

Kd^art'n.M?

pay called five-twenties on presentation, the price fell
off, and at the close gold was lOOj.
Silver in London

COinjSK OP

Tex

Brazof,

DoooslU rer-a.

I
f,*,'.

3.49.1

Dunkirk NY
EistDst.Md

The chief interest in the gold market was limited to
the week preceding the 14th, when by purchases of gold
made at a time when the Treasury called in ^.j.OOOjOOO
on account of Syndicate bond sales, a scarciiy of cash
gold was produced and the price advanced to 101|. As
soon as it was given out that Secretary Sherman could

lapon*.

Districts.

I.453.n: e,8.34.°»M, 1!,(0I .N'Min;.

nath. Me. .,
Boai,fort,Nl

BiMufon, St
UelfaKt, Mc,
BoBtnu, Ms.

Dululh. MIn

t Prise? asked.

and 4.84 for demand.

.

Me

Banjor,

I3X

Ift7«.

:,4:o

Md

.\p'chcola, F

Elaltimoro

T8X

Cnstoma
Mobil*. Ala..

Arzdrla,Va

GOU) AND EXCHANGE.

.

i

AI'mrle, NO.

?«

97)<

:i3

76

4.x

9

•13
•«5

l!j

5^)

4H

g

•srji

IW

60
93 !<

—

KiiH.ria.—
Oom'ilc For'D

Alaska, A.T.

iK

I8V

45

.WW

Importr

B'ntablc, M'f

IS

fj'*
13

Caalo.na
Districts.

»H
....

f)-i

3X
SH

•i"
•5

WH

78

tM
27
61

•i

»

v»t

7S

18«

9fi\t
10(1

4m

....

m>4

.

pr<f

'es

•eji

1S«

l)3!K

Min^g

S
laji

MJi

•16
•85

Cf^iil

•«

IRSi

•»3

.

fOuton

<

84

ao

91IH
101

ta

IMPORTS AND EXPORTS FOR JiKPT,,

8tat«m»nt, by Cuitona DlitrloW, ahowinK the ralofw oj B«rebkodlM Imported Into, and exported from, tha Uottcd flutaa
dariof the month of September, 1878:

IN

'WV

451

tSS

8X

»ii
....

...

14)i

Tel

Kjiii.'o

&H

ttSX

67

18

-'nph

6X

M

.

•IS8V

18X

tau

Ontjirio Silver
QuIcliBllver.

—October.
HIeh. Lflw.Oct.SI
85

IIIH

.

A

1.

14X

Tel

u

9

IS

....

•

B
4>4
so)i

SI

iH

niscrllaneonii.
Pfli-ll!.- M lil

Wei If

Oct.

*i

1

«)»

aov

W«ba«h
Warren

1)^.

KRi^

im

:«

•8

CAN

do

HI*

lU

ISft

»5H

..

8t.L«uU Kiin».
do pref
do
St. U Ai<. Fran
prtif
do
lit pref
do
Union raciOc

MaripnsaL.

a

ptvt.

(!.•

Oonftol.

.

IftS

IH

8X

ISx

....

195

II.

St.

ISA

139

'H

.Mlmlsslppl...
pref.
do
PkiiainH
lltlf. l''.U'..tCli..gua

Ubio

3.

,

•;!>

A

:

THE CHRONICLR

1S78.]

.

Jf,

^

Exows of imports over exports

IO)!£h(K%llOOVi

1878.

60 davs.
3 days.
Oct. 17.. 4. 79 a4 79« 4 8^i<9i4.S8J<
18..4.79i,4a4 ra
4 >5',4a4.fB
4 85>t(j4.e6
19..4.79>t!(»4, so
20
s.
91..4.79»f@4,flii 4 ,S0 (^.8AV
S2..4.8njW(a4. 81
4, 86X04.67
33..4.81J<igi4. fi
4, 871i«4.8S
S4..4..>>lVia4. f2
4, .87X«M.88
25. 4.8a an. 82;< 4 8S 04.8SX
96.. 4. 92 ®l. SIX 4 83 04.E8X
27
S..
98.. 4. 8?
82Sf 4, 88 i?i<.*<X
99.. 4 82
l^i'i
4 fS &t 88<
a0..4.84 l%4 82S{ 4. 88 04.t<8M
31. .4.82 @i S2H 4, S7X& .es

4.riH(!H.&m 4.C3V&1.88M

0.45

STOCKS

IiV

GREAT

BRITAIN.

The movements In gaa accurities daring the past eighteon
months in Great Britain have l>een very similar to morementa Id
Rather more than a
ilie same cl-ss of stocks in this country.
year ago lighting by electricity first began to have an important
Influence upon the prices of these eec.irltles in England.
Previous to that time prices there had rrached a very high level,
and the late of Interest realized by investors scarcely exceeded 4^
A sudden pressnre npon the market, amoaoUag
or 4{ per cent.
to almost a panic, then ensued, owing to the attempu of holder*
to realize on these securities to an extent which the market,
being non-speculative, was unable to absorb.

Prlceo, in coosa-

,.

,'

THE (JHRONlCLJi

452

from 15 to 20 per cent and, although there was afterwards a momentary rally, a declining tendency prevailed uutil
about three months ago when another severe relapse took place
Since then they have been very depressed, and, with the slightest
.pressure to sell, prices have at once given way sharplyWithin a month, moreover, advices from the United States
with regard to the improvements effected in the electric light,
•by which it could be utilized for domestic purposes as well as on
« large scale, have again alarmed investors, and the attempts to
realize have not only produced a further very serious fall in
prices, but have, in fact, rendered some issues almost unsalable.
Thus, within the short space cf less than two years, there have
been three succeesive panics, during each of which prices have
fallen from 15 to 20 per cent, so that, compared with the highest
points touched in 1877, there is a fall of from 50 to 60 per cent,
as may be seen from'the followinof, showing the capitals of the
•quence, fell

more important undertakings

Great Britain, and, also, the
highest prices touched in 1877, compared with the prices at the
-commencement of the year, and closing quotations of October
in

11, 1878.

Am'nt
C'ommprcial
ConllDental Union

Kurooem
Gas Light

&

Coke

...

10 p. c. preferential..

'UTpercents
Imperial Continental..

London
let

preference

Phoenix
Capitalized

p c. ncwmax...
South Metropolitan...
SarreyConBumers'....
t^S

Prices.

,

To'al
Aibount.

of
Share.

flOO

£550,000

SO
10
100
100
100
100
100
100
20
100
80
50
10

400.000

l,0,'l,.'iiO

2M.060

638,000

38ii,600

1S78.

815
23

1S8
lO
18
186

160
15
15
IK"

65

2115

193
115
165
IHO

42
40
65
56
28
12

2,800,000
1

I'.O.UOl) f

o^ncni

»«>.">'*')

540,000)

(

144,(0:5}-2,014,378<

sSS'OOj

(

200,000

48\«)0

KO.OOO

290,000

Fall,

compM
with '77.

lf-7.

4,(l94,8i01
1
665.0110 V8,101,500-^
l,30(i.PO0 1
(

2,800,000

,

Uigh't J-n.!, OcMl,

Total
Capital,
£635,C00

19
221

835
155
2.0
S*"
143
45
108
137
112
23

IW
18S

1*
133
38
113
128
llu
18

187o.

uS
33

6

4
64

»,)

13

110

27
20
7

92
15

LVoL.

almost imposaible.

The

!'

XXVIL

present alarm has not been caused by
origina'ed several years since, and it

bu.siness of recent date.

It

be regretted that the collapse was so long delayed. For
some years past, there has been a process of weeding out of firms
whose speculative fancies have received strong encouragement
from some of the banks and it is to bs hoped that a long time
will elapse before a bank will afford such injudicious assistance.
Some of the banks are much to blame for the present state of
affairs, but, unfortunately, they have now reveled their conduct
is to

'•

I

'

;

;

and are closing their tills, to the injury of the honafide trade. If
the banks, by unwise management, assist a crisis by indiscriminate lending, they should, when the crisis arrives, do their utmost
to alloy it.
Their policy is, however, to rush from one extreme
to another, which is to their own injury, as it is likely to produce
troubltt in quarters comparatively free from difficulty.
It also
tends very strongly to restrict our already diminished trade.
Difficulty or uncertainty in procuring loans or discount accommodation must necessarily make merchants cautious; and, in times
like the present, there is obviously no hope ot a revival of
Should we enjoy a week or two of
financial enterprise.
innmunity from failures of any importance, some of the large
soppliee of gold which have been sent into the provinces and
the si.ster kingdoms will be returned, and it is quite probable
that

when money

does

show

:

i

!

I

!

:

\

\

'•

!

indications of declining in price, the

be rapid, and there may possibly be a long period of
cheap money. The foreign exchanges are still strongly in our
favor and gold continues to be received from the Continent; but,
owing to the large supplies of sovereigns sent to the provinces,
the stock of bullion held by the Bank has been diminishing of
fall will

late, but,

since

£500,000.

The

the crisis commenced,

'•

•

1

the extent of only
quantity of coin sent to Scotland and elsewhere
to

;

^onttixvvit ©ommercial

^ncHisW^cws

has been about £3,230,000, or at the rate of £1,000,000 per week,
and the circulation of notes has been increased from £20,850,375
to £30,131,954.
^

R.&TBSOF BXOHJlNGB AT I.ONDON AND ON bUN iiON
AT LATEST OATBS.
JBXUHANHE AT LONDONOCTOBER 18.

A

seems, exhaustive report of the position of
the City of Glasgow Bank has just been issued by the lawyers
and accountants, and it is a very unfavorable document. It leads

lengthy and,

it

EXCHANGE ON LONDON.

to the conclusion that the affairs of the bank have been grossly
mismanaged, the directors having, on a moderate and favorable
TIHS.
OH—
RATK.
TIME.
EATS.
estimate, lost £6,200,000, being the whole of the paid up capital and
Paris
short.
26..50
Oct. 18.
a25.l0
short.
25 35
reserve fund, together with fully £5,000,000 in addition. And
Paris...
3 mos. 25.50 ©23.60
Berlin
20.78 ®20 82
Oct. 18.
20.47
yet the directors have had the courage to pay high divideada
"
Hamburg
iO.T8 ©20.82
Oct. 18.
mos.
3
20.47
•*
20. 8 ©20.82
Franlifort
Oct. IS.
when they knew that for years they had been insolvent. A
ifhoit.
20.47
**
Antwerp
25.60 ©as.HS
Oct. 18.
25.31
meeting of the shareholders is to be held in Glasgow on the
Amsterdam. ..
short.
12.2'^ ®12..SJtf
Oct. 18.
12.05
Amsterdam
8 mos.
12 6% @12.6>i
22d inst.
12.17><@12.2ai/j
Vienna
Oct. 18.
3 mos.
118.00
•'
Considerable interest has been attached to the half-yearly meetGenoa
•<7.45
28.32Ha23.37H Oct. 18. short.
"
St. Petersburg.
23 7-l<,®23 9-16 Oct. 15.
3 DIOS.
21 1-32
ings of the principal Indian Banks, owing to the statements
CoDstan'nople.
Oct. 15.
109
Madrid
3 mos.
itU<&i6)i
Oct. 15.
47.70
which have been circulated as to the extent that these instituAlexandria
Oct. IS.
96 Ji
New ifork ....
tions have suffered by the suspensioa of the City of Glasgow
....
Oct. 18. 60 days.
4.80
Kio Janlero...
...
Sept. 2). 90 days.
-'.)«
Bank, and the large commercial failures following upon thati
Monte Video.
Sept. 16.
4 70
»*
Buenos Ayres.
Sept. 15.
event. It would appear, however, that the losses are not so seri4 88
Bombay
60 days.
U. 6 l:J-I6(i.
Oct. 17.
6 mos.
U 7Xrf.
"
had been anticipated, and that they are, in most instances,
Calcutta
Is. b 13-lbd.
Oct. 17.
U. 7Jid.-\ 7 15-16 ous as
*'
Hong Kong...
Oct. 16.
.?«. 8>id. per d ill.
covered by good securities. At the meeting of the Oriental Bank
Bbaughai
Oct. 16.
is. id. pr. tiel.
Corporation, the chairman stated that the Bank had between
India and Ceylon about £71,090 of bills drawn under marginal
IFrom our own correspondent.1
credits for the Biink of Glasgow, for which that bank was, of
London, Saturday, October 19, 1878.
course, responsible, and they also had recourse to the Eastern
This week's Bank return shows changes of an important Houses, so that between the two they had not the slightest
character, but they are not of a nature to engender alarm.
The doubt that they would receive every penny, and^although there
principal cause affecting it is the distiust which prevails, which might be a temporary delay, it was usual in eucLi cases to pay 5
lias induced the majority of, if not all, the banks to strengthen their per cent interest, which they hoped to receive.
With regard to
position, while the mercantile claf ses have, as far as practicable, the Chartered Bank of India, Australia and China, the directors
been pursuing a similar policy. The applications for money at of that undertaking said at the meeting that they held of the
the Bank have been considerable, there being an increase of City of Gtlasgow Bank's acceptances £70,000 drawn by difforent
£2,094,584 in "other eecurities"; but, on the other hand, the firms, and they believed that these would be paid in full. Havtotal of "other deposits" has been augmented by £1,354,302, ing had many transactions with the firms whose failure, had
increasing it to £27,321,433. which is nearly £7,000,000 more than ensued on that of the City of Glasgow Bank, it was satisfactory
at this period last year. The supply of bullion shows a falling to Snow that the bank's pecuniary interest in them, irrespective
off of £800,610, and there is an increase of £884 220 in the circula- of these bills, was very trifling, and that they were amply
tion ol notes and of .bank post bills; the result is that the covered by securities which would work themselves out in the
total reserve has been diminished by as much as £1,697,645. ordinary course. The bills were all six mouths' marginal credits,
The total reserve is now only £8,517,315. The supply of bullion and, although a lock-up, were considered a good asset. The
is £23,354,145, and the proportion of reserve to liabilities has
bank was not interested in Heugh, Balfour & Co.'s failure; and,
declined from 33'58, to 2709 per cent.
In spite, however, of with regard to Smith, Fleming & Co., they held only a trifling
these alterations, not only is there no excitement, but a better amount of that firm's acceptances, which were, moreover, fully
feeling prevails, and there is a very general disposition shown to covered. At the meeting of the Chartered Mercantile Bank of
believe that the worst has now been asoertained. The difficul- India, London and China, the directors informed the proprietors
ties,
as was at first surmised, promise to be comparatively that they held £45,000 credits of the City of Glasgow Bank, of
local, and there already seems to be some confirmation of the
which £19,500 were incurred in Ceylon, but which were provided
Assertion that, owing to the careful trading which judicious firms for by certain assets. There were also bills for £10,009 on RanAave resorted to for some years past, widespread disaster was goon and £15,000 on Bombay; but they were well covered, and

LATEST
DATE.

\

tt

-i

*•
**

. .

j

'

»*

• '

|

•

'*

1

1

;

J

|

{

i

1

1

|

I

|

;

'

'

;

:

:

:

NOVKMBERa,
no

With

delay was anticipated.

little

&

.

re(fard to

ample lecurlly and they did not

Co., they held

whllo as to lleuKh, Balfour ti
anticipate the ln«R of a BhillioK
Co., they held that firm's bills to the extent of £16,000, but as
:

addition, bore a flrst-ctasD Indorsement they did not

bill, in

•rery

would ultimately be any loss.
There has been a sottlrment ou the Stock Exchange during
thawe>'k, retuUing in six unimportant lailures. There baa conbeonently bi^en fiome increased demand for money; but the banks
have been reluctant to lend, and the pressure at the Bank of
iMlleve that there

England hns been considerable. Uo Monday, the Bank rate was
increased to six per cent, and there was a protracted sitting on
Thursday at whlc'j, no do-jbt, the state of the Bank account was
keenly criticised, and possibly the expediency of further increasing the rate discussed. There is very little accommodation
obtainable under the Bank rate, th^re being a fictitious scarcity of

The present quotations

capital.

Boating

money

for

are

as

follows

rer c«Dt

.

rates of interest to

are

now

.

•*

®...|

6

«>...

463

The wheat fade eootinae* vary dall, and, allhongh thor*
usual coosuiuptive demand, loppliMi are ao lilwral that. In

the extent of only i per cent.

The

quotations

as follows

Per cent
joint'StorR banks

4",

blacoant houK9 at call
Slseonnt ooneeij witb 7 dnys' notice
Useoont honses with 14 days' notice

4^
4J(

4\

Annexed is a statement showing the present position of the
Bank of England, the Bank rate of discount, the price of Consols,
the average quotation for English wheat, the

prica of middling

upland cotton, of No. 40 mule twist, fair second quality, and the

!•

iba

aoma

a further decline in prieea has taken plaea. Tba
la still vary IndlfTerant, and Ibara
is the same complaint in Kraoea with regard to Fraoeh prodnaa.
France is now procuring large aappllea of Rosalan wbrat at
Instances,

quality of the English suppllea

Maraelllea.

During the week endel Oct. 12, the aalna of boma-grown
wheat In the 1.50 principal market* of England and Walaa
amounted to 00,130 quarters, againat SC,3t8 quartara laat year;
and it is estimated that in the whole Kingdom th«y were
240.530 quarters, against 331.300 quartara in 1H77. Sloea barvrat
the sales In the ISO principal markets have been 404,200 qaarters,

against 843,413 quarters

while

;

Kingdom they have been

it ia

computed that

whole

In the

1,017,100 quarters, againat

1,800.700

Withoat

quartera In the corresponding period of laat aaaaon.

reckoning the auppliea furnlahad ez-granary at the commeoeement of the season, it is eatlmatad that the following quantltiea

upon the

of wheat and Qour have been placed

Britiah

markata

since harvest
1876.-

IKS.

18:7.

cwu

cwt.
*,»n.«(8

cwt.

cwu

S,0'.S,1IS

10,114,611

838.iKi<
S,t<S5,tOO

'lo.nn*
6,981,000

5.751.000

14,066.395
S9a,6«0

Ii.753.II9
156,104

1«,»4I.04I

4'J1.S71

15.o61.04t
Reenlt
Aver, price of Bn£. wheat for season 4'l*. t Id.

13.765,8':5
6Sa. Od.

l>.ia:,OU

16..^e8.4t8
tit. id.

!

banks and discount houses have increased their

Dint-Stock

j

Per c«nl
laoaihs' bauk bills
t ^.,.
t months' bank bills
f>H<^<^
4 and 8 montbi)' trade htlli. b ^7
4

I
I

iOtadMiiya' M\a

The

Opon-marKot rates

1

.

6

Bsnk rale
Uen-marketrates;
tmonthn'bllls....

:

:

THE CHRONICLE

1878.J

berond a

lofli

Smith, Fleiningf

:

Imports of :wheat
Itiiburts of Soar
Sales of

7,59I,4M
il<iO,7SSI

home-grown prodnca.

.... 7,007,400

Total
Exports of wheat and floor....

.15,462.618
.

1875.

"•.&71

117,666

46a. Id.

show the imports and export* of cereal
and from the United Kingdom tince harveat, tIs.,

The following

figures

produce into
from the last of September to the close of last week, compwad
with the corresponding period in the three previous yeara

Bankers' Clearing Hoose return, compared with the four pre-

bank pool
PnbllC

30,!31.9M

£

£

£

89,861,482

29,249.8-14
3,717,SJI)

S7,4t0,950
8,^61, 4i1
91,920,093

5,4«,087

.Mir,5
20

82'i,«.35

29.897,(147

Oovernmciili-ecurUief. 16,93-.6;2

15,7l»,fii4

23.024,390
Other securities
Bseerre of notes and

18,575.241

17,804,925
16,107,168

Other deposits

27..<)il.433

1874.

£

3,I5B.l.iJ

di'|)0><lt9

1875.

88.654,858

£

Indading
bills

1876.

1877.

1573.

Olrcnlation,

1877.

1876.

1S7S.

Wheat

cwt. 7,5M,i54

!0.1H.5I«

Barley
Oats
Peas
Beans

7.2<>7.201
l,5;)u.859

5,i't,J.ll3

2.(i86,'27

1.018.048

1.8»S,I-2

1,9114:0

l,6l7.^74
1.427.036

«28.7J>7

68,496
S14.&39
8,644,418
i78,6;i

1878.

tIous years

24,(29,367
19.266,095
20,303,583

14,7lfi,l.w

IndlanCom

9,4:8,439

19,396,451

10,i5S,65i

9,425.22)

WHeat

33,857,901

14,080,084

X1,456,E94

Barley
Data..

27-69

8627

S4S«

Sp.c.
6 p. c.
5 p. c.
Bank-rate
Consols
9'V
^}
468. 2d.
628. 4d.
Bnell8hwheat,av. price 89s. 9d.
iy,a.
6t<d.
(I'.id.
ma. Upland cotton...
lOd.
W\d.
»Sd.
Ho. 40 mule twist. ...
Oi«arlngnon*c return. 106,681.000 115,364,103 101.240,000

MX

c
HH

4 p.

>.

46«.' Od.

7Xd.
1034 d.
90,762,000

c

9>X
43t. lOd.
7 15-l6d.
Is. 0><d.
97,065.000

Aimexed are the current rates of discouDt at the principal
:

Bank Open

Bank Open
rate,

tuu

p. c.

2X

BruMls

3X 3X

Afflaterdam

4
5
5
6
5

4

4
4

4

B«Iln

Btmbnrg
Vrankfort.

Wpiig
Genoa
Qeneva.

St.

4)4<a45f

4xia4x
4>4

6

Petersbnrg

p.

S

Vienna and Trieste...
Madrid.Cadizand Bar-

4X *H.aiH

celona
Lisbon and Oporto....

6

«®7
«a7
4®5

6

NewYork.
Calcntta.

Copenhagca

4@1X

4(a4X

4

being for coinage purposes, is quite an
exceptional operation. The silver market has been very dull.
The Indian exchange is very weak, only a portion of the recent
npply of Colonial bills having been disposed of at Is. 7d. the
rupee. Bar silver is now worth only 49id. per ounce. The
market for Mexican dollars has been very dull, and the price is
this,

qnite nominal.

Some gold has been

sent to

New York

during the week

;

but as

being exported, there are no
United States gold
indications at present of any actual drain.
coin is now selling at 768. Sfd. per ounce, and the directors of the
large supplies of bonds are

Bank

still

have also raised their terms.
A steadier tone has pervaded the market for secnrities. Speculation has been dominant, as banking facilities have been much
enrtailed of late
but there has been a steady demand for iLvestmeat, the present being regarded as a favorable opportunity to
of France

;

probable also that the public will prefer to invest
their money instead of leaving it on deposit with the banks, so
that the action of the banks in refusing to lend Induces the public
to withhold their deposits.
The supply of American securities
in this country and in Europe is now quite limited, but the mar-

boy.

It ig

cwu

is not so firm as ii.ight have been expected.
shares have declined considerably, owing to the receipt of lower

prices from

New

York.

149.0W

388,224

289.9<9

IM**

'*•**

'•**'

SJ.08>
4.t:«

10.8tl
«.84»

18.u«t

4.888

S&.5M

*.it8

l.M

1,210

44.691

».«8
»1,M6

fcSM
Sl.WB

t.MO
T.on

1»,M7

4,5*1

7,066

•»

EnsUalt market Kaporta— Per Cable.
daily closing quotations in the markets of London and
Liverpool for the past week, as reported by cable, are shown in

The

the following summary:

of

London Money and Stock Ifartot.— The bullion in the Bank
England has increased £1,200,000 during the week.
Sat.
Oct. 28.

SllTor.

peroz

i;uuduiD Cor iDonujr.

.

U.S. 59 of 1881
U. S.4)4sof 1891
Erie com stock
Illinois Central
N. Y. Centra
Pennsylvania
Phila & ReadloK

Thor.

Oct. 80.

Oct. 81.

90 j^
94

50^

50H

91 5-16

»4 y-16
94 K

Toeo.

M

51
94 3-16
94 5-16

tMH

•
accoant.. 94 8-16
a.S.6a (5-30S) 1867.... 107 J^
0.8.10-408

Wad.

Oct. 29.

Mon.
Oct

d. 49j{

94 9-16

9IX

m%

107K

\<n\

108«

lO^X
lOSV

U«K

107 K

W:H

107X

166
105 5<

106 ti
1II5V

lOSX

16)i

16K

17«

79

79

80>^

Not.

1.

108
l0^)(
1«14
81

18K

8U

m"
14

Liverpool Cotton Market.—»<» apecial report on cotton

LUerpool Breadituffa Market.—

on.
s.

d.

Wbeat.spring.No.HMIOi
do No.lncw"
do
do winter W. new "
new. "
Southorn.
do
do Av. Cal. white.. '"
..."
clob.
Cal.
do
Corn, tnljcd foft, old,
do prime, new

V

ID

9

s.

6

9

qr.

"

8

9
7

9

M

9
3

91

8

Sat.

Pork. Western roess..C bbl. 46
Bacon, long cl'r. new.# cwt. It
"
Bacon, short cl'r. new
J*
Beef,

i.ri

^ tc. M

me mesa

Lard, prime West ...» cwt. 8S
" 47
Cheese. Amcr. choice.

Liverpool Produce

7

9
a
I

Mon.
a.

d.

rrt.

•

7

9

7

•
• ^

•

•

»

It

a
9

Tbor.

tt

• «

9

8

t 10
9

9
•

T

9
(

M

9

*

8

18

i

»
a
»8 •

Toe*.

Wed.

n

f.

d.

M

6

ai

6

d.

at

t

sa
66
as
48

8a
66
S9
48

<6
as
43

a.

45

45

45
(I

8

Thar.

d.
It
I •
7 It
i •

d.

a.

M
9

d.

<

7 10

8
9

a.

• t

M
M

I

•

a.

d.

45
81 8

n
«t
M
4T

FH.
•.

d.

45

*

at

•

at

s

•

M
M

•
•

47

Market.—
Sat.
d.

t.

cwt
"

«

6
Tallow, prime Clly.. V
Spirits turpentine .
4 f
Roein, cimmon
"
10
Koaln. «no
gal
Petroleum, reflned..
"
....
Fetroleum, spirits....

V

8

a.

6

•
7 10

*

9

Wad.

—

d.

2
•

d.

«

9
9
81
(8

ZAverpool Provirion* Market.
•.

M

9

»

Taaa.
a.

7 10

7 10

8
9

d

14

FIonr(extra State).. ..»hb'. 11

.

Illinois Central

ket

720,006

IndlanCom
moor

c
(%6

Gold continues to arrive in considerable quantities from Paris,
and as the exchange is now strcnsly in our favor, further remittances are expected. A sum of £200,000 in gold has been sent to

Germany, but

838.991

Peas
Beans

mark't

rate,
p. c.

mark't.

p^.c.

860.759

azroBTs.

22,783,936

foreign markets

6.61.1.774

Ploar

8,517,315

tolUbinaes

8.!W1.!:88

1,4^U6

718.406

19,336,171

Coin and biillinn in
both departraeiits ... 23,351.145
Proportion of reserve

coin

133.178
615.788

1K.909

»01, 97
S.4S0,<!&S

Moo.

Toe*.

•.

d.

•.

d.

87

i

ar
tt
4
10

«

MO a*
10

»

«

Wad.

Thor.

tt.

».

d.

*7 S
tt •
4 »

a7

a

f.

10

M
4
10

«
•

rrt.

ad.
a
MO
4 •
<T

10

—

—

—

:
.

)

nxmcvcial aiitll^XlscjcUaiico xvs I^kCxos-

—

Impokts and Exports fob the Week. The imports of
week, compared with those of the preceding week, show

last

a decrease in dry goods and an increase in geneRil merchandise.
The total imports were $">,i)63,516, against $4,539,773 the preceding week and $5,701,676 two weelis previous. The exports
for the week ended Oct. 29 araoanted to ,$5,696,537, against
$7,455,993 last week and $6,85-3,904 the previous week.
The
following are the imports at New York for week ending (for
dry goods) Oct. 24 and lor the week ending (for general
merchandise) Oct. 25:
POBEIGN lairORTfl AT NKW TORK FOR THE WEEK.
General meichandioe...

187S.
$1,349,011
3,T8I,S76

-^,100,619

Total for the week..
Previously reported

$5,130,687
277,717,654

$4,90I,0'J7

$4,873,773

l;5,563,51«

2M.908,-J09

566,061,0-27

S33,15S,829

Dry Goods

Since January

...

1

1876.

1377.
$9-34.015
3,914,'5i

$~00,We

Sd82,813,541

$2;0,93%;00

t2S7,307,S.'i6

$23T,713,.-;4->

Oct. 29;

EXPORTS PROM

TORK POR THE WEEK.

IfE'ST

1876.

1876.

1877.

$%98.?,536

t3,li7H,4fi8

$7,803,369

2u2,184,!iOJ

215,065.980

i;-28,i9,(,408-

Since January 1,... $S0S,lB8,4;2

$216,731,443

Forthoweek
Previonsly reported....

t236,:liJT,777

1878.
tB,69«,5ii7

282,94i,ShU
$'2J8,633,.M6

The following

will show the exports of specie from the port i>f
for the week ending Oct. 26, 1878, and also a comparison of the total since Jan. 1, 1878, with the corresponding
totals lor several previous yeart:

New York

Oct. 16— Sir. Labr.idor
Oct. -il— Sir. Colon
Oct. ?4— Str. Celtic
Oct. 24— !-tr. E. B. Sender
Oct. 26— Str. Khein

Havre
Punta Arenas

5 franc

i.iverptol
Porto Plata...

Mcx.

Am

..

...London

Am.

sil.

pieres.

$?,1 C

gold coin..

r.

fiivir dels..
sil

118,9S1
11.0

jf&Jj dols

Amer. i-ilver bars.
Mex. silver dels

35.1 O'J

15,0o0

.

Total for the week (S21-J,r81 Filvor, and »8S9gold)
Previously reported ($5,0!)H,49l silver, and $5,7iiO,610 gold)
Total since Jan.

Same time

»212.9
10.h90,l.'4

1878 ($5, 311,565 silver,and $",?91,5;9 gold). ..,$11,103,091

1.

Same time lu—

In

1877
1876
1875
1874
1873

.$24 613,615
41 28H.16H

65

,2.3-2,517

14, ,766,89)

44. J5l.8.il1

1872.

63, 14J.461

The imports

1871

$,'18,221,223
54.70323.-)

1870
1869
1868
1867
18*6

29,-248,6S-t
67,1'42 601

4:aj7'.-!:-2

65,555,777

of specie at this port durint; the

same periods have

been aa follows
21— Str. Colon
21— Str. City of

.Aspinwal!
-Vera

Gold dn?t .
Araer silver
Amer. gold

Cruz .Vera Cruz

Fonign
Oct.

21— Str. Ai

sa

Oct.

22— Brig Tula

Oct.
Oct.

S3— Str. LesBing..
24- Str. Ciirada...
25— Str. NfCkir

$2,
18,
2.

silver ...

154,

Foreign gold
Amer. silver

.Savanilla

.

Amer. gold
Gold bars
Amer. silver ..
Foreign silver
Amer. gold

.Belize

3,

Hamburg

Oct.

25— Sir. Niagara

.Ha»re
.Bremen

Amert
Amer.
Amer.

-Liverpool

Araer.

.Havana

1,

and $6,829,841
Same time lu

1878 ($10,936,45! silver,

8ame time In1977
1876
1875
1874
1878
1878

$12,573,631
8,574,H07

341,
:-3-i,

409,
lOD,
!:>,

2,
1,
3,

t4,

.

The

11,5.10,001
1B,-236,2'JI

gold). .$17,766,292

$8,402,517

11,095,163

6,880.791
2.870.374

5.32-2,655

1868
18'i7

5,-206,M:4

IS'ie

transactions for the

week

at the

n.l 8919
14,778,5-iS

9,(J18,58J

Sub-Treasury have been

as follows:
Customs.
Oct. 26
23

29
30

,

31

Nov.

1

Coin

Receipts.Currency.
77
$397,777 29

$1,792,412
377,000
).. 13,593
250,000
2.661,100
2-.'5.000
1.360,147
l,7!i,3,4b7
357,000
210,000
692,394

$:<.57,0OO

31
62
35
1*8

68
69
60
97
358.S5-i SO

474.239
539,357
1,510,316
664,351

a3

-Payments.
Coin.
$883,027 21
1.144,4.52 47
397,164 19
1,UR,073 95
SP8,713 31
43S,1S6 26

.

Currenrv.
i

219.978 10
74,5.1587 11
466,.»4-i 7rt

1,3(18.628 64

640,688

H

412,-*i8

2,i

Total

tl,;78,OM $9,416,115 95 $3,911,798 43 $4,4;9,607 39 $3,792,715 78
Balance, Oct. 25
119.062.931 60 45.795.544 05
Balance. Nov. 1
124.0z9.440 07 4."),947,:iai 70

Pennsylvania Railroad.— The

I'hiladelphia Times says, on
the information of a director, that the directors have been hold-

ing me^ting8 and

working upon the proposed funding scheme
last aieeting was held Monday, and the
announcement made that the scheme was ready to be put into
operation at once. The trustees to be appointed, who wiil have
the management of the fund and its object, are five in number
President Scott, Second Vice-President Smith •nd Directors
Henry M. Phillips, Wisjiar Morris and Daniel B. Cummins. As
since

May

last.

St,

&

Lonis Alton

— At

Terre

Hante

— Indianapolis

<fi

St.!

Indianapolis, Octolier 25, the St. Louis Alton &
Terre Haute Railroad Company filed a complaint against the
Indianapolis & St. Louis R'lilroad Company, and other com-'
jianies owning stocks aod bonds of the last named company
by which the former seeks to enforce the existing lease!
or regain possession of its road between Terrs Haute and East
St. Louis.
A temporary order was made against the Indianapolis!
& St. Louis Company, restraining them Irom paying tlie other'
defendants any interest on bonds held by thern, or refunding any
I.onis.

1

I

money advanced by them.

The complainant

also

asks for

a'-

receiver of 30 per cent of the gross earnings of the road, and asl
much more of the line operated by the Indianapolis
St. LouisCompany as is necessary to pay tlie expenses of th-at pari, ot the'

&

road.
j

'1

he Prfsident ot the Indiarapolis

&

St.

Liuis Kail rnad] Com-

pany i.-Bs;es a notice, Neverabar 1, that the payment of coupons
due at this date is prev-nted by injuuction. The interest guaranteed by the C. 0. C.
U. S. Trust Company.

&

I.

Company

is

taken up, however,

i

at the]

Western Union Telegra5>[|.— In regard

to the reports of a!
distribution to the btockholders of this company, the'
Tribune report says that President Green denied that any action!
had bee»i tiiken by the Executive Committee or that it had ever!
been the subject of official discussion. He said that such ftctionj
by the Executive Committee would carry no weight, ihe stock-;
holders alone liavii g ihe power, and that the by-laws of the
company provided ibat special raeeiiags of the stockholdere!
could only be called by the president upon an application oli
stockliolders representing at least one- third of the capital stock:
No sucli call had been served on him yet, aoij
of the company.
did he kn ivv when it would be.
I'.esident Green added;
" I[ cannot be denied that there is a feeling among many of
the largest stockholders that tlie Riirplm earnings should be cap-

stock

these earnings belong to those who have invested theil
in tbe com- any, and they have both a legal and an equit
able right to such capiializatior. Those who advocate this proj
ect believe ihat the earnings of th<e company are ample to pay a
six per cent dividend upon both the present stock and the sur
plus.
At present io is only a projeci, but it is one which will
italized

;

money

]

,

ultimately be carried into tff^ct. The intention oi the pr'-jectors
is to capitalizt) these earnings buf.irc .January 1.
The company
has earned in twelve years over $30,000,000, ot which §14, MO,000 has been paid in dividends 'o stockholders, and a litile ovet
$4,750,000 in interest, discount and sinkinir fund on bonded debt,
leaving a surplus of $17,000,000. Of this surplus the investmentpj
are as follows
Add tioiial line? and \vi 08
$8. .333,33:
(iu excess of

1.666,66-|
600,iCi;

bonas)

Total

1871
1870
1869

13,7-20.787

have the preference.

"For

Total for the weeh (*18 1.8'6 silver, and $1,346,175 gold)
Previously reported ($10,752,025 silver, and $5,183,668 gold)
Total Bhice Jan.

i

Western Union building

,Portrau,Prmce...Amer. silvi-r
Foreign gold

.

be stopped by a vote of the stockholders. But none of the
of the fund can be applied to any other purpose than that
It is as much a matter of profit
for which the trust was creoted.
as it is a matter of the protection of their own interests. Some'
of the securities they are liable for are not profitable as invest-'
ments; others are paying well. Tl;e last sort will, of course,!

money

Purchase of stocks in leased lines

gold
gold
gold
gold
gold

Gold liars
Amer. gold
Foreign gold..

may

..

Fort'ij,'n

Oct.
.
Oct. 2')— "tr. Ciinsdft. .
Oct. 25— Str. Etna

fVcL xxvn.

1

In our report of the dry goods trade will be foand the impons
of dry goods for cue week later.
The foUowinjf is a statement of the exports (exclusive of eppcii
from tlie port ot New York to foreign ports for the week eudiig

Oct.
Oct.

,1
'

THE CHRONICLE.

=454
<£/0

:

Their

the capital stock of the company is about $70,000,000, the fund,
not permitted to exceed 2 per cent of the capital, will not go
beyond $1,400,000. No purchase-o can be made out of the fund
except by the joint order ot three of the five trueteep. '1 he trust

«S,600,Cai

remaininu $8,000,000 the company holds in itsi
treasury valuable dividend-paying stocks and bonds, including;
over .$0,000,000 of its own -tock, over $7,000,000 of the stock ini
the Atlantic & Pacilic, and over IJUOOO 000 each in the Gold &I
Slock and the International Ocean Telegraph Companies, all worth'
more than they cost."
A prominent director of th"? company said yesterday that
William H Vsnderbilt, D. O. Mills and other large stockholders
were known to be favorable to the capitalization of the surplus.
that tbecall for a special meetingof the stockholdeis was already
siffned. and that the meeting to vote upon the proposition was to|
be held during the Istter part of November or early in December,
Home Insurance Company. Mr. Charles J. Martin, president ot this well-known corporation, made an address to the|
board of directors in April last, on the completion ot the first quar-j
ter of a century of
the company's existence, which waB!
exceedingly interesting as a Iriet history of its business and!
remaikable prosperity. Our space forbids an extended review of^
the different phases and varying lights and fbariows in the life ol
thrt

—

j

this distinguished home corporation, the largest of New York's
fire coiupauies; but the round figures given liy Mr. Martin have
a force in themselves to which we could hardly add anything.!
He says that in the 25 years the premiums received amounted tol
$44,i;>7,000; the losses' incurred, to $27,545,979; the interest on]
capital anrt accumulations, $4,038,829
dividends to stockholdersj
in cash, $4,465,000, and iu stock, $1,000,000; with an earned^
surplus on hand of about $1,000,000.
:

— Frim the

Mutual Life Insurance Company, F. S. Winston,
President, we have receivfd an interesting little book)
prepared by the actuary. Prof. W. H. C. Bartlett, L. L. D. Thi»!
book contains a series of valuable interest and bond tables, the|
former showing the present value of $1 due at any future date
from one to fifty years, at all rates of interest from J per cent to
10 per cent, the value and the auionnt of $1 at the end of each
year, from one to fifty years, and the snnual payment which will
discharte a debt of $1 due at any lutuie time, 'from one to fifty'
years, with interest.
The bond tablei show the rate of interest;
realized on bonds bearing fiom o-65 to 8 per cent, per annum
interest, when purchased at. various prices from 00 to 125 and
held till maturity. The-e tables ate of great ute to investors,,
and the officers of financial corporations should keep them in
constant Ute as a hand- H.ck for irequenl ref<-rence.
Esq.,

1

j

;

1

:

.

NovEMUKiia.

..
..

.

THK OHUONICLE.

1S78.!

The range
class of

Comptroller of the Ciirrenoy furaiahes the
tollowluc Htatomcnt of National Banks oriranizud
2,400— NalionnI Hcrklmor County Bank of LItllo Falla, N. Y. AntborlisDd
" '- con t<Ul, $liS.(JO(i. Albert Q. Stoty, Proaldunt;
--•'" luid-lli
'•' $iM,('00;
caulul.
William (I. Mllilgttii. Cashfor.
AuthorlKoi to commcnco DuainuM

455

in prlcoM ulncr. Jan. 1. 1878, and thn aronanlof
(»ot. 1, 1878, were a<i followii:

Ban go

ITnltoiI Status

alnOK Jiui. 1, 18711.

Lowrat.

Amoimt Oat

October H, 1873.

OIVIDENDH.
WUBIf

NlXB or COMPANT.

Cam.

Rc>uK4 i.X -SRO.
Payabli. (Daya Inclusivo.)

& Cleveland,

prof.

N. Y. Prov. & lk>!<ton (Stoniu;:Ion).quar.
Pcnnsvlvania ...
Wiliuington .t Woldon

BankH.

New York
Bauklng Addooiat^n

3
6

Nov. IS
Nov. 1
No'. 1
Nov. 11 Nor.

3

Nov. 30

i

Nov.
Nov.
Nov.

Nationa'Bank Sure of
NDtioua< Mcclinnics'

K.?li.

-J

July
Auk.

rf..wjn.2oo

•_

••0

Uank
JUiscrllaneons.

Uiiiou Nalioiial

6

Pullman Palncc Car (guar.)

Oct. 31 to Nov. 11
Oct. 26 to Nov. i

11
1
1

Nov. IS

II

!Oct. 30 to

Nov.

1

I

:;
I

Lt,ZilU,iOO
:.

consols aro stronger
Tonnrssoo iMinds find no buyorn at ill for
bid for now is aSJ.
Tbnra senms to be
some anticipation tlmt steps may bo taken for another a<ijuatment
of Virginia debt, and some re(x>iniilion by the old State of tho
deferred certi(icato.< for the one-third assigned to West Virginia
;
but tho prospect of anything definite seenu remote. Tho jmriod
for the conversion of Soutli Carolina Ixinds into tho consola
expires to-day, and, unle.-a renewed by tho Lcgislatare, no more
funding can take place.
Kailroiul bonds are strong on a very fair Tolumc of bnstneaa,

day at

to

70.

the old bonds and

Nov.

I

and Railroad Bonds—Louisiana

and sold

i to

•)0
')0
>o
.0
,0

I

Oa.cur'noy.raic. ll7'iA|ir.

State

Hallroadn.
Bocton Jb Allmny
duclnimil Sau(lu!.ky
Concord

rtM881....op. 105l«
0»,5'2Oa.*n.").cp. 102>i
0!(,5-2()8.'07.cp. loli'j

0»,5-208,'(iH.Pp. 100% .r'.ii.
5a, 10-.'J08...cp, KKl-fM Mill.
Sa, tuiid.,'81.cp, l(i'.'% Ti'l,.
4>«». 1891 ..cp. 10lT„ .\I,1,.
4», 1007.... op.
99% l)|.|;

Tkf'ollnwisi dtTtdnnda haro recentlr hann announced

1.

Ooapeo.

1

:

—

Mch

bonds out«tanding

NATIONAL BANKN OKOAMZBD?~^^
Tbe

1

l!ie

VKIUAl, NOV. I, 1878-5 P. Bl. and nearly all tho poi)ular issues of 'bonds show a tendency to
The noiicr narket and Financial Sltnatlon, Tho Lon- higher prices whenever there is any doinand which dovelopii the
firmness of holders. Tho Central Pacific branch line bonds and
don dispatches indicate that there Is a much butter feelinp
land grants hav(>

abroad, and tho approhensions of immediate
disasters have greatly subsided.
The Bank of

shown

and widespread
England weekly

faltement on Tliur.sday showed a gain of £1,20,1,000 in specie for
the week, and the percentage of reserve to liabilities advanced
to c'ii per cent, against 3'Ji^ per cent last week.
The Bank of
France also gained B. 500,000 francs in si)ecio, which showed that
the gain in England had not been drawn from that quarter.
Today (All-Saints' day) is a legal holiday in London, and no further
dispatches are at hand, but bankers hero who have branch
houses in London regard the situation as materially improved,
and feel hopeful as to the future.
In our local money market 4(36 per cent has been the rate for
call loans most of the week, but some little shifting in loans may
bo anticijiated in consequence of the changes making on tho first
of November.
Comptroller Kelly begins to-day the payment for
New York city of about |10,000,000 in the principal aiid interest
of bonds.
This money will be received chiefly by savings banks
and large capitalists, which amount they will have for re-investment, and a good part of it wUl probably go into Government securities and into the recent issue of Now York sinking fund five per
cent 30 to 50-year bonds, principal and interest payable in United
States gold coin. The latter are specifically payable in gold coin;
a fact which secures to the investor an exemption from all risks,
which makes the bonds payable only " in coin."
The last statement of the New York City Clearing-House banks,
issued October 36, showed an increase of $3,808,075 in the excess
above their 25 per cent legal reserve, the whole of such excess
being $7,048,825, against $4,340,750 the previous week.
The following table shows the changes from the previous week
anc* a comparison with the two preceding years.

Messrs. A.

Hontlf.
i|!13,000 State of

ItnniU.

Louisiana 8

Loiin-ianddis.
6\>,<U:
Cui uhitioii ..
Net ilujicxits .
hogiil teuder.s.

Diffor'nees fr'm

previous week.

1876.

1877.
Oct. 27.

$2

1.5,l(18.400 Dec.$l, 18 1,700 .*I23(!,287,400 $2.59,840,800
17,:i22,lOO
l^.^GO-.^OO Inc. 4,:)r2,700|
l.'>,;)47,200
15,001,100
19,S«'J,700 Inc
;;8S,300
10.726,000
2U.0!m.700 Inc. 2,9.>2,100 103,848.700 215,;«)3,000
.^l),235,100j
•18,«G2,000
700,000
39,9U2,.500iDee.

F.x.

Fire Ina

101

:

Oct.

Nov.

25.

1.

Range slnco Jan.
Lowest.

Teiiucssco Oa, old
Vlr^nla 6s, ooneol

70

do
do
2d series
Diet, of Colnmbla, 3-65«

29

Central of N. J. 1 at oonsoT .
Central Pacific 1.8t, 6s, Rold.
Chic. Burl. & Q. consols 7«.
Chic. & Northwest, cp., Rcild.
.

Chic. M.& St. P. cons. e. f. 7.s.
Chic. R. I. & Pao. Os, 1017..
Erie let, 7». extended
liOke S. & M. 8. let cons., cp.
Michigan Central consol. 7b
Morrie <S[ Essex let mort
N. Y. Cent. &. Ilud. 1st, op.
Ohio & Mies. cons. eluk. fd.
Pitta. Ft. Wayne 4 Chic. Ist.
St. IiOule<& Iron Mt. let m...
Union Pacific l.st, Os. scold ..

do
This

Binkinsfuud...
is

1878.

•70

"77% "77is 74

July 31
Apr. 12

Railuoaus.

'

1,

Htgheat.

75
76
69% June 8 85 Feb. 11
1061a 105 13 1021a Aug. 23 108 June 22
•16
•1514 15
Mch. 29 18 May 25
30 33 Sept. 9 39^ May 14

rjoui.slunn console
Mis.ioiirl 68, '89 or '90
North C'ai-ni ina 68, old

—

Range

10 Am.

105 Follett 8cwlnK' .Much. Co. '.«^
15 1'. .8. Fire l?m. Co
127 >«
207 C.;nt. Park N. <k K. Klvor
I!R
409.13

past,

Statks.

.

I'nlted States Bonds. There has been an improved tone in
the market for government bonds, on a moderate business.
The
better feeling in Loudon and in this market encourages the idea
of a renewal of the investment demand for governments; provided
the result of the elections on Tuesday next is not such as to make
purcha-sers anticipate the passage of laws by the nest Congress
whieh will prejudice in any way the standing of United States
ecurities.
Closing prices of securities in London have been as follows:

in.

prices ot leading State and Railroad Bonds for two
and tho range since Jan. 1, m78, have been as fol-

Closing

lows

cnu<.

A'/ini-rv.

coupons on
20
17,000 Kldscdcld Park RR.
let mort
8
0,000 Rockland Central RR.
Islmort
4

.

Oct. 28.

RR.

lilv.

&

weeks

* E.
7a...91 <a01>3

$10,000 Cent. Park N.

p. c. bonda, due 1910,
18.sued for N. O. Jlobllc
Cbiit. EB.,
July, 1873,

.

1878.
Oct. 2C.

week or two.
sold the following at aucti:m:

easier prices the past

MuUer & Son

II.

-80
•8214 0414 Mch. 4
106«3 106%' 103=8 Jan. 15
114
114 |109 Jan. 2
91 '9 Jan. 14
102
103
96I4
98% 91% Jan. 5
1091a 109=8 106 Jan. S
115% X121.J 110 Jan. 7
•11319
109 Jan. 10
•113% xllO 1051s Jon. S
XI5I9 1151a Jan. S
'ilii" 1191.1 1171a 8ept.l0
10214 10218 OS's Feb. 20
121 •« 1211a 118 Feb. ^8
"1051s 106 "a 1021a Sept. So
10638 107
103=8 Jan. 7
92=« Mch. 6
•1001a 101

the price bid ; uo sale

was made

31
83

Jane 10

90

July 11

Sept. 10

108^ June 28
8

114>«Oc(.

lOSk May 31
102% May 25

110iaJune28
liekJuly 8
114 Sept. 26
115 Oct. 29
121
122
103
122

8

Oct.

June 26
Oct. 10
Oct. 18

109^ May 24
108=8 June 28

105i4Jaly 9

at the Board.

Ballroad and Kllscellancous Hiocks.

—The

stock market

has been strong, u]>on tho whole, led by Western Union. In
fact, there has seldom been a timo when a single stock has so
monopolized the attention of the street. The stock advanced to
103, and although the executive committee did nothing towards
making the long-expected stock distribution, the price remains
Semi-oiflcial utterances of the president
strong, closing at 10 U.
and some of the individual directors intimate that a distribution
of stock in some shape will probably be made before January 1.
Next to Western Union, Northwest preferred has been
1S70.

strongest, and closes at 74 J; and to-day. Uock Island. Wabash,
and Krie, were all higher. Thursday, October 81. was the la.st
K despatch
day for payments of the a.ssessment on Erie stock.
B.6«, 5-208, 1867.
107 »» 107'-2 toe's 105m Jan. 2|100"8Juno H from Ixmdon at the close of Wodnewtay says: "The number
104 le Feb. 2.'! 1 1 1 =8 July 30
8.58, 10-408
108
107'2il08
lieen
paid
up to
iiOf 1881
of Erie shares on which assessment has
xOOij! 10.j'^8il'>f5'4'l033s.Mcli. 1109% July 9
••Bof 1891
105 's 105 |105%ilO2% Feb. 25I10714 JiUy 30 the close of business to-day was 468.747 ordinarv and 06,730
preferred." The payments at the Farmers' Ixuin i 'J'rust ComClosing prices at the N. Y. Board have been as follows:
pany in this city up to and including Wtnlnesday were upon
Oct.
Oct.
Nov.
Interest Oct.
Oct.
Oct.
175,000 shares, of which 46,000 were prefernni; and oa Thuraday
30.
31.
1.
Period
26.
28.
29.
more than 100,900- shares came in.
«9, 1881
Total sales of tho week in leading stocks were as follows:
107% 107'8 108 '8 10818 108'« 10818
rcf?. J. & J.
Oct.
18.

Oct.
25.

Oct,.

31.

Jan.

sliico

Lowest.

I

1878.

1,

ni^Ucst.

,

,

Gs, 1881
0.% .V20fl,
«8, ."1-20!.,

08,5-208, 1867... rcK.
b«, 5-2(1», 1807 .coup.
••^r.L'Os, 1868...rfK.
'i". "
.'^.

'f..

-:0s,18G8 .coup.

1'MOh
'"-Mi

•>s. iTllld..
'i'^.

f.iud.,

&
&
J. &
J. 6c
J. &
J. &
M &
M &

ooiip. J.

1805. ..IPjf.

1865 .coup.

res.

coup.
1881. ..rt'j;.
1881. .con

J.

I.

<fe

.

J. 107:11
J. 103
J. '1027(i'
J. 105=s|
J. MOSOsI
J. •107'-j
J. •107^1
,

106
106

8.

8.

-Feb.
-Feb.

•e«.l4 -Mar.

f».lU07
's.
--• -.'.'
1907

.-

—

rtL-.lo..-Jan.

coiip.d -.Tun.
.,.\..,u

<*f.oiir'fv. •o~,-oo
*

1()35»
'1()H^2

r*"

A

.T.

I

T1U8 la tie price bid; notaleviaa

10818! 108 14
108
103's 1031s •10:; '8
•103
103 '8! 'IO3I8

108

lOliM
IOOIb! IOOIh
108 '108

Oct,

losi^; •IO8I3

"

108

105% 105% 100
105=8 105% 105^8
107»2

107%
108
106

•108 >4

108
108 h

1

106>« Mot;^

106:>8

100

106

lOOiflj

100 3»i

10(ii.j

104=8

104%'

11954

made

100
100

119%

i-j

toil's! 10.^
lOri^nl 100 le X05

105%
103% 103%! 104
103% 103% 103"e 104

99V

100

10(t

100
100
119%! 120^8

at tlio iloai°d<

St.

Poul.

1001.1

103=8

'iW^ 100
"M',t
lio^i

103

10278 •103

10139; lOlOg
105=« 105»8

foup.d.-Mar.

IHi-slSUl

!

lO-Tfl
102''8

I

104
104
100 Is
100
120=8

"

26

....

28....
29....
30....

"
"
31 ....
Not. 1....

6,730
10,168
10,030
2,320
1,830
1,000

St.

Paul North- NTthW. Del. L.| W«if.
pnf. JkWMt.|Un.T.
west.

S,5S0
12.70.1

15.400
3,2.W
1.520
2,129

84,720 2.'^.:I00| 20.200' 37'
29.699 29.JO5I 9,0IM1 •
'27.510 21.015 37.93J
•

15.4.VJ

2i.2.>0

•29.1«><i

6.5,'M)

13.3.'>0

26,*)(i

.11..

5.970

7.125

la.tioo;

1.M13 31.912

'

32,096 40.581 108.899 120.2 l.M3.M3'2 18s..T.)tal
Whole atiiok. 154,042 122,794 149,888l215.2.>« 524,000 350.
.

T^ke

prof.

1

-

•.•.

•«

;

.

The total number of shares of stock outstanding is
last line for tUo purj>ose of compariapu.

:

given in the

—

...
.

.

:

and lowest prices have been as follows:

daily highest

Tuesday, WednNd'y Thursday,

Monday,

Saturday,
Oct. 28.

Oct. 29.

Oct. 2i.

Oct. 80.

«

U%

.

am

sm

Ohio & Miss...
Pacific Mail

Panama
Wabash

"^"i?
18
•119

I8>a

TH

7>«

IBM 18M

8^?8^
7J4

16

•.... 125
18«
ISH 19
1»H
Union Paclflc. 68^s Bl-m
«a>i 66Ji
West. Un. Tel. 98 100
97
97^^ 99
*108
Adams Kxp
109 ]09
American Kx.. '48
50
48>s 4H>^ •43
United States
48
49
49 * ...
48
Wells, Far.:o.. 98>^ 97
97
97 •96
•12
Quicksilver. . .
'31 j| 33" •....
do
pref. •33
...

mu

im

.

mi

71<

•7«

16>«

185s

• ...

'.23

935^

50
49
97

112
31?^

ean
41
73Ji

113
113
31J( Sia
67Jj 86-K

41H 41M
74M 73%

34« •30

67)J
41Ji
7454

ll.WlIoJi 115M 118J4
46)1
50)i

tl4«

•45

48

quotations.

4<!

51« oOK 61

UH

liii
3914
79li
6994

89
79)^ 80
69
70^^
89)4 70
39

W
39!^

e9k

SOW SHi

lOJ^

19W

*120 123
1994 2l?4

19'^

am «m em 68)4 60»
10:
9i>k 102
lOlJl

"

Nov.

IOOI4 100i4|100% 100 14

1.

This week 100%100i4!l00% 100 14
Prov. w'k lOOiu' 100%! 100=8 100%
8'ce Jan. 1 10278 1001*1 10278 10014
:

:

48

48

48

•48X 49
97
•12

•31H

•48)4
97ii '07
"13
14
•31
34

in prices since Jan.

J.an. 1,

Sales of

48
49
98
31

1878, to date.

Lowest.

Central of N. J
Chic. Buii.& Qutncy.
Chic. Mil. & St. P.. ..

do

pref.

tlo

pref.

& Northw.

.

Chic. Rocklsl. & Pac.
Del. & Hudson C.aual
Del. Lack. & Western

Erie

Hannibal & St. Jo.
do
do pref.
Illinois Central

Lake Shore
Michi.gan Central

1877.

Essex
N.Y. Cent. & Hud. R.
Ohio & Mississippi
MoiTis

<&

.

.

Paeitlc Mail

Panama
Wabash
Union

Pacific

Western Union

Tel.

.

Adams Express

entJiily
75 14 Feb.
98 Jan.
46 Aug.
44 Aug.
82 1£ Jan.
12 Aug.

18,630
188,567

117

American Exiu'ess
United States Exp.
Wells, Fargo & Co...
.

.

63
15

224

Quicksilver

do

The

45 14 July 11
11434 July 15
5479 July 8
84% July 9
55 14 Apr. 17
7913 July 11
ligisJune 7
5973 July 10
6178 July 10
1834 July 31
16i4Sept. 5
40 Sept. 5
87 JiUy 11
7078 Oct. 29
72% Apr. 18

Jan. K.
67% Feb. 28 89
103% Feb. 11 115
654 June 29 III4
14^8 Jmie21 2378
112 Jan. 5 131
1218 June 26 21%
18,455
581-2

29%

pref
latest railroad earnings

Feb.

and the

June 10
Sept.

5

Apr. 15
Jan. 16
Feb. 25
Nov. 1

31 73 Mch. 20
13 102 Oct. 31
8 109 14 Oct. 25
2
7

7
21
5

1877

Low. High.

Highest.

I3I2 Jan. 2
99 14 Feb. 28
271a Sept. 2
64 Oct. 14
32I3 Aug. 10
59% Feb. 9
98% Jan. 15
43i2 0ct. 22
46%Mch. 5
7^8 Jan. 5
10 Feb. 28
21=8 Feb. 28
72% Fob. 14
5578 June 29

5,605
1,906
32,096
40,584
108,899
120,245
4,562
5,571
135,132
32,466
1,937
4,580
3,320
260,553
5,486
4,840
3,574
2,925
4,540

1,

Whole year

Week.
Shares.

37%
94

11878
11
42%
4078 73 14
15
4379
3734 69 12
8212 IO5I2
25 '2 74ifi
307t
4^8

The following

—

.

$966,325

Fine gold bars.

Silver 148 and I38.
Five francs
Mexican dollars..
Euglish silver
Prus. silv. thalers.
Trade dollars
New silver dollars

.

par.®i8prem.

— 98I4® — 98%
— 98i2® — 99
— 90 ® — 92
— 85 ® — 86
4 75 ® 4 80
— 68 ® — 70
— 98I4® — 98%
— 997e® — par.

£xcbanse. —Foreign exchange has shown

a rather small business, neither buyers nor drawers caring to operate.
To-day, the
rate was nominally unchanged at 4.82^ for bankers' long sterling
and at 4. 88 for demand, actual business being done at a concession of about i point.
In domestic bills the following were rates on
York at the
undermentioned cities to-day: Charleston, easy, buying 5-1 6@J
discount, selling J@par;
Orleans, commercial, i@o-16 dis-

New

New

count, bank J discount; St. Louis, 25 premium
Chicago, firm,
25 premium; and Boston, slight discount.
Quotations for foreign exchange are as follows:
;

Nov.

60 days.

1.

Ifa

3 days.

4012

79

Prime bankers' sterling bills on London. 4.82 ®4, 8212
4.81i2®4 82
Good bankers* and prime commercial.

45

73%

Good commercial
Documentary commercial

35=8 74 14
5114 92 13
8514 IO914
2I2
1278

80

11%

26I4

130

59% 73
8458

105
60 14

9713 Oct. 31
1934 Feb. 25

81
13

37

1978

90
24
45

52i3May 8 43 H
51% Feb. 25 36
59%

from Jan.

& ^ dimes.

Dimes

15

91

June 15

are quotations in gold for various coins:

$4 84 ®$4 87
Napoleons
3 84 ® 3 87
X X Reichmarks. 4 74 ® 4 78
X GuUdors
3 90 @ 4 00
Span'h Doubloons. 15 65 ®15 90
Mex. Doubloons.. 15 55 ®15 65
Flue silver bars
110 @ IIOI2
Sovereigns

3378

1 to latest

-Latest earnings reported.- —Jan. 1 to Latest dare.->
Week or Mo. 1878. ' 1877.
1878.
1877.
Atch. Top. & S. P.3d wk Oct. $112,000 $78,394 $3,053,298 $1,999,597
Atl. & Gt. West. .September 334,882
386,074
Atlantic Miss.& O.August
155,012 184,176 1,044,263 1,073,698
Bur. C. Rap. & N.3d wk Oct.
29,620
32,878 1,228,962
921,192
Biul.&Mo.R.in N.August
166,320 123,147
981,089
606,822
Cairo & St. I^u)s.2d wk Oct.
4,645
5,823
172,742
189,582
Central Pacific. ..September 1,831,000 1,441,293 12,937.303 12,033.937
Chicago&Alton..3d wk Oct. 114,942 105,559 3.800,670 3.650,297
Chic. Burl. & Q... August.. ..1,632,207 1,330,249 8,996,425 7,631,597
Chic. & East. 111.. 3d wk Oct.
21,817
19,957
Chic. Mil. & St. P. 3d wk Oct. 188,000
258,973 6,669,000 6,193.213
Chic.&Northwcst.S wks Oct. 945,718 999,615
do propr'y r'ds.S wks Oct.
75,450
90,856
Chic. P.. L & Pac. August.... 871,234 754,598
Clev. Mt. v. & D..2d wk Oct.
8,778
9,098
294,970
300,196
Dakota Southern. Sept ember
17,431
25,559
155,519
134,582
Denv. & Eio G...3d wk Oct.
28,300
17,002
873,795
598,845
Dubuque & S.Clty.3d wk Oct.
21,128
24,606
762,233
714,170
Erie.
July
1,157;690 l,04i;265 8,289,3.55 8,051,069
Gal. H. &S. Ant -.August
116,083
99,140
728,993
588,804
Grand Rap.& Ind. August
109,386
90,681
778,222
695,342
Grand Trunk. Wk.end. Oct.l 9 202,687 220,920 7,074,689 7,377,484
Gr't Western. Wk.end. Oct. 18
90,345 113,892 3,600,767 3,462,506
Houst. & Tex. C. Septemberl 332,555 237,139
111. Cent. (lU.line). September
485,698 607,713 3,960,227 3,728,725
do Iowa lines. September 129,931 209,639 1,083,293 1,029,300
Indianap. Bl. &W.3d wk Oct.
26.335
25,328 1,038,630 1,005,244
Int. & Gt. North. .3d wk Oct.
51,764
40,084 1,089,112 1,122,021
Kansas Pacific.. .3d wk Oct.
96,251
85.428 2,895,841 2,550.883
Mo. Kans. & Tex .3d wk Oct.
82,453
69,767 2,335,144 2,.538,084
Mobile* Ohio
August
114,979 125,714 1,147,089 1,049,495
Nashv. Ch.& St.L. September 123,497 157,424 1,188,031 1,255,061
Pad.&Elizabetht.2d wk Oct.
6,192
7,980
Pad. <Si Memphis. 3d wk Oct.
1,599
4,280
144, 170
145,823
Phila. & Erie
September 288,084 322,896 2,025, 890 2, 108,652
Phila. & Reading. September 779,481 1,527,440 8,840, 420 10 ,431.453
St.L.A.&T.H.(br8)3d wk Oct.
121990
13,838
386 ,864
413.270
St. L.Iron Mt.&S.3dwk Oct, 155,518
127,083 3,378 1.30 3 ,404,746
St. L. K. C. & No.. 3d wk Oct.
188,413
87,127 2,629; 979 2 ,484,372
St. L.&8.E.(St.L.)l8twkOet.
20,517
21,326
488, 649
465,517
do
(Ken.). 1st wk Oct.
9,774
8,892
266 ,734
249,287
do
(Tenn.).lstwkOct.
3,703
3,921
128, 599
117.098
St. Paul &S. City. September
52,019
61,720
430 316
349,226
Scioto Valley
September
29,151
17,587
203, 724
Sioux City <fc St. P.Septomber
30,418
42,228
266',826
266, 148
Tol.Peoria&War.3d wk Oct.
30,559
28,092 1,042, 627
896,029
Union Paolilc
Septcmberl,163,426 1,035,232 9,052. 600 9 ,073,669
wabaeh
3d wk Oct. 109,920 112,558 4,029; ,490 3 ,685,145
.

$959,000

77

dates are given below. The statement includes the gross earnings of all railroads from which returns can be obtained. The
columns under the heading "Jan. 1 to latest date" furnish the
gross earnings from Jan. 1 to, and including, the period mentioned in the second column.

EAKNINGS.

65,130,000
$55,400,000

7
17

56

totals

Currency.

$8,564,000 .$1,678,000 $1,686,067
8,386,000 1,089,664 1,094,676
12,215,000 1,619,000 1,626,895
14,941,000 1,949,000 1,959,652
11,340,000 1,565,047 1,572,432
9,684,000 1,480,525 1,486,784

:

.

week and the range

Gold.

•07)4 10.-)i

* Tliese are the prices bid ana asked: no sale was made at the Board.
+ Sales were also made of shares with $4 asse.ssmcnt paid, as follows
17i8®17i2, Oct. 29; 18®18i3, Oct. 30; 18=831918,001.31; 19®20i4,
Nov. 1.

Total sales this
were as follows:

Clearings.

Clos.

100% 100'% 100% 100%
100% 100% 100% 100%
100% 100% 100% 100%
100% IOOI4 100% 100%
IOOI4 IOOI4 IOOI4 lOOH

26.
28.
29.
30.
31.

Oct.

B,alances.

Gold

Open Low. High

"
"

13
35

..

SIM

"

49

.

I.

29
112

70)4
6054
'809i 81)4
lllS 111^ 11154 112
7Ji
7)<
7M 7!i 7Vi
I6« 15
16Ji 15J4 1534

96K «7
•

Nov.

29K 29

[Vol. XXVII.

The Gold OTarkct—Gold has been without special interest,
closing to-day at lOOi, after selling at lOOf.
Carrying rates this
afternoon were 4@3 per cent, and in the morning li@2iper cent.
Silver was quoted in London on Thursday at SO^d. per ounce; today is a holiday and there are no prices.
The range of gold, and clearings and balances, were as
follows

80,14

fsun
96>a 101>«
108 3(18
•48
60
•

13

2914

123

19^ 18?^

6««

Friday,

Oct. 31

2m

29
29
C»ntral of N..1.
29J^ 20M 299i 29>f 30
111?<111«
Chic. Burl.& Q. ;io>^ 110>i 110)1 110?« 111 113
C. Mil. & St. ?. 309s 31H SiH 32)^ 31i< 32?s SljJ 31-«
67
pref. 85tj 88
do
68H B7X 86?^ 6;« 68
41
*1
48!* 40K 41H
42
Chic. & North.
725^ 74
pref. t'^tk'' 72« 74M
do
ii5«;io5<
11.5M
1143^
115K
llB^f
1155«
C. R. I. & Kc. 115
Del.* H. Canal 443i 4.')^ 44.)j 48g 46^ 48j^ 44i)J 45«
l>cl.Laclc.& W 6U2 51H 50>4 5Hi 51>1 53M 49a< Bl«
123 n^a i2j^
11
...
Erie
18Ki 12
1414 ISii 14H 14i|
15
Han. & St. Jo.. 14>« 14«
89'!
39
39
Sau 3S)
3051 savx 40
79j|
Illinois Cent... T7H 7741 78>< 78« 78)i 78?< 78
8«
Lake Shore
«»M 69!^ 70^
S?'< gi:%
69
70
Michigan Cent 69>t 69W R9^ 705^
81
•8014
83
«1?^
Morris* Essex 81
1125^ 112Jt lllX 112>j IIIM lllH
N.Y. C. & a. K.

do
Chicago
do

9

.

THE CHRONICLE.

456
The

:.

:

4.87i2®4.88
4.87 ®4.87is
4.85i2®4.86ia
4.85 ®4.86
5.2058®5.18'»
5.2058®5.18i8
5.2058®5.18i9
4018® 4OI4

.

»4, 81
8OI2
5.23i8®5, 20=8
5.23i3®5. 2058
5.23i8®5, 20%
3978 31 40
4.80

4.79i2''«4.

Paris (fraues)

Antwerp

(francs)

Swiss (francs)

Amsterd.am

(guilders)

Hamburg

94
94
94
94

(reichmarks)
Frankfort (reichmarks)

Bremen (reichmarks)
Berlin (reichmarcks)

Boston Baukn.— The

®
®
®
'a>

"

94%®
9434®
94%®
94%®

94 14
94 14
94 14
9414

95
i/5

95

following are the totals of the Boston

banks for a aeries of weeks past:
Loans.
1878.

May
May
May
June
June
June
June

13.

20.
37.
3.
10.

17.
24.

July

1.
8.

•Inly

July 15.
July 22.
July i9.
Aug. 5..
Aug. 12.

Aug.
Aug.

19.

26.

Sept. 2.
Sept. 9.
Sept. 16.
Sept. 23.
Sept. 30.
Oct.
7.
Oct. 14.
Oct. 21.
Oct. 28.

Specie. L. Tenders. Deposita. Circulation. Agg. Clear.

S

S

t

$

t

i

123,873,400
K3,5-'0,100

4,767,400
4,119,100
3,959,S00
3.418,600
3,21i,8J0
2,890,900
2,877,400

3,7fi8.401

48,821,200
49,3)6,900
48,893,500
60,1 lis, 800
51,676,400

S5,453,8TO
35,099.400
2.5, W«, 100
25.44 i.300
25,5S»,<00
25,527,600
25,372.700

42,53S,787

121,9.32,500

121,973,200
125,010,400

]2%-M,700
137.030,700
128.621,703
129.849,000
130,701,900
131,136,200
l:M,t;53,600

131,387,300
131,816,000
131,972,900
131,615,700
13i.l25,900
131, 595,; 00

180,741,000
131,144,800
130.759,400
l.'.0, 104,400
128,971,100
127.418 600
126,876,100

Pblladelphia

2,633,.S00

2,451,900
3,488,000
3,3;:3,4C0

3,857,600
4.i60,200
6,36 i,S00
5,756,100
6,214,300
6.681.800
6,675,100
5,917,800
5,488,100
5,381,600
6,511,900

51,572,91:0
5i,1.56.100

62,775 800

2,5,04-1,400

5:3,251,000
62,285,8011

2.5,361,100
25.:139.800

52,095,600

25,297,600
33,045,500

3,011,iu0
2,914,300
3,008.300
2,888,800
3,768,100
2,731,600
3,040,000
3,023,600

6,802,300

51,904,5(10

5,61.3,700
5,.i48,2O0

3,022,1110

5 654,900

62,390,800
52,090.700
63,081,700

3,017,600
5,321,200
2.963,100

6,086,900

53,434.-200

2,5(13.800

2,557,600

5,89^1,100
6,84-1.800

5,626,401
5,-137,300

61,!>,6'J.400

51.906,700
51,490,700
50,948,100
51,369,100

2.5,143,1110

4J,6-'4,818
37,:ffl5,4:n
33,'*-;5.446

42,131,604
40.871,3;5
39,188.868
42,626,701
5I,6;3.48»

47,1M,751
4i,S21.11S
3;, 141,879
37.181.493
85,465,852
35,748.086
33,443,885
31,059,01s
3S,0SO,093
38,484,171
43,643,831

2 .,081,200
35,138,600
i;,,0 0,400
35,003,300
25,8S1,000
25,441,100
25,466,100
25,427,700

38,,844,.362

6,l:l5,100

53,283,500

25,50^500

41),'237.92l

6,030,000
6, 127,800
6,524,300

513,866,100

25.407,300

62.261,610

2.5,471,100

62,310,2ij0

26.388,000

4T,016,aiO
4i,517.518
41,489,955

Banks— The

totals of the Philadelphia

banks

are as follows
Loans.
1873.

May
May
May

13.
20.
37.

S
57.741,784
57.480,896
67,106,350
67,141,428

Specie. L. Tenders. Deposits. Circulation. Agg. Clear.

t

t

t

11,.574,516

43,987,692
44,139,418

24.

57,104069

2.083,914
2,000.725
a,0OJ,175
1,957,813
1,918,551
1,810,592
1,799,585

July 1.
July 8.
July 15.
July 31.
July 29.
Aug. 5.

66,906,372

l,89S,-i57

5T,417,5n
67,540,336
57,701,354
67,583,408

2,165,605
2,131,a77
3,088,963
2,122,9^9

57,836.l>73

2.28'i,860

57,394,189
67,506,'45

2.342,437
3,236.021
2,183,120

June
June
June
June

Aug.
Aug.
Aug.

3.
10.
17.

12.
19.
28.

Sept. 3.
Sept. 9.
Sept. 16.
Sept. S3.
Sept. 30.
Oct. 7.
Oct. 14.
Oct. 21.
Oct. 33.

57,.380,r.87
6:,512,32.'-

57,4.50,042

11,679,304
13,231,928
12,723.700
12,777,652
12.674,595
13,166,808
13,738,831
1.3,817,763

13,600,496
13,413,067
13.750,0:39

13,729,614
13,134,151
13,610,305
13,462,892

43,8:30,108
4 1,901, 9;

44,814,241
44,900,053
44,908,901
45,647,430
45,931,793
46,419,105
46,083,338
46,137,426
46,.W3,675
45,561,888
45,757,850
46,497,228

s
11,125,930
ll,ioi,9au
11,088,7^7
11,069,120
11,070,141
11,(149,673

11,006,979
11,001,126
ll,05.'i.863

11,075,562
11,118,080
11,13.1,331

11,136.613
11,1!>8,5'>3

11,161,:378

8, 172,81)9

13,,547,32!i

45,8!I6,145

11,160,955
11,191,223

2,166,359

13,303,270

45,.51 14.418

11,1:34,010

58,.-19T,68S

2,109,4'>1

li,812,55.T

45,515,333

.53,300,710

2,0113,043
1,995,8,16

45,«5,9i,8

11,190,001
11,215,351
11,343,085
11.266,957

67,515,217
68.189,844

1,989,310

13,004,807
13,814,617
12.717,102

.58,650.640

l,83^^51

12,.383,5!19

45,122.7li6

5,-i,801,493

1,605,813
1,643,613

13.0-:5,596

44,786,294
44,232.796

68,-.!07,881

M,613,739

53,621,350

11,953,391

45,.3.35,119

45,570.445

t
2 .046,40»
,32,731,584
JO, 126,228

26,800,606
.39.002,223

31,067,892
30,667,918
39.1.68,262

33,320,691
32,-,!62,67l

30,692.010
21.880,609
29,494,334
26,889,131
87,«16,46S
23,731,264
84,754,786
28,719,07*
29,583,4*7
31,483,017
88,823,304
.37,391,156

11,:107,5S2
11,.353,450

.38,798,688
33,7£:0,72«

11,394,811

29,059,890

..

NOVKHBBR

Kew York
bondltinn ot

eadioK »*

2.

. ....

—

CItr Banks. The following statement showi the
AniOcUled Bftnk« of New York City for the week
commencement of buaiucHS on Oct. 20, 1878
AvenAoi AMOUNT or

'l""

Not

Lcjral

Speclo. Teimera.

CIrcnIa-

Do^ioalts.

tlon.

$

$

$

$

$
8,50-,6(10

2,»8I.S'30

4!l«,80O

8,81(1.300

44,000

477,000

48i,000
601,100
M8.8iH)

a,«,'.(i.>WO

T.drti

l)OS,400
8,410,900
488.S0O
4,7»9,«0O
Ssl.nOO
4M,400 Ii,8»8,a00
... 1,-.MO,OOU
rnion
8.4iiJ.700
lAfA.9IX>
1,894,000
7,188,700
".....
3,000,000
America
S4I.000
688,000
«,«Xr,000
2.177,000
1,0K).000
b,00l.,'*0 1,192.100 1,863,000
8,819,100
rM,,
1,00000!)
»16.S(»
l,»iH.«00
I,i'00,0ii0
iSO.aiO
8,189,700
Tnuttimea'*
1,«I8.400
1,814.81)0
153,800
891.800
6-it.CM
iSSn
300000 10,088.800
873,500 »,8i«.000 10.00!i,000
..
rhin,i,.«l
187,2(10
8,«71.600
498,000
8.489,l(iU
u
'i
1.000,000
8Si4,4()0
884.900
448,100
1.768,100
:l 1,500,000
l,
fSS.OOO
1.815.000
118,000
V47.0O0
a.,.
^.
300.000
l.aio.roo
31.0.)n
i.'ia.OOO
1,018.000
600.000
SecbaJiiM' JiTr.
144.100
718.500
S.400
SiUS'*
300,000
JmSwIcK .. ..
Sthar Maniifre 600,000 8,.H7,S00 42.'.40O S»7,50O J,0:0,0(i0
67,300
161.700
SOO.IXX)
850.400
801,900
SaTanth Wiml..
SHSOO 845,800 1.538.700
1,742,700
Jutaof N.Yi.rk. 800.000
8.412,000
\m,.rl,imExcll.. 8,000,000 11, !)!*(> ,1)00 1.086,000 1,878,000
..
6,000,000 18,108,300 1,455.500 1,445.800 11,717.400
663,600
3.008.000
89,400
4,679,300
1.000,000
447,2(10
115.300
3,05\800
S,!3«,SoO
1,000,000
Ic
607.800
8,039.400
1,992,800
85.700
488,700
jjcillc
846.400
8,394,800
888,700
1,985.200
1,600,000
^eoobilc
184,401)
609,900
8.>56.S0O
8,613,000
450.000
'balliam
19*10
8J5,50J
1,341.600
l,ffl,O0O
413.100
'coole'a
137,000
172,0OJ
1,620,000
Swtb America.. 7C0.O00 l.ii40,300
l,f 00,000
6,0!0.700
174,200 1,078,900
4,702,7(M
Uniiver
1,921.400
40,100
871,100
1,838.800
500.000
l.),ii32.000 1,072,000 1,455.000 10,123.000
•in. .. . S.OOO,00<1
t,4i0,000
79..300
397,4'10
l,6li9.100
600,000
l,Olii,0()0
80,300
801.600
1,771.200
l,9^!),600
s.Kjiu
69.C00
l.oflO.OOO
2,519,800
887,100
l,:56.(i00
(arket
1.937,'iOO
80,100
>.7;,800
859.600
1,000,000
W \'ichoIa-«
3,6ii2,0.)J
254,000
421,000
9,683,100
eather l,000.i'0)
lOli.OOO
3,911,500
I.7uS,400
301.000
haugo.. 1,000,000
i;,4)0
79I.0OO
3.78;J700
8,956,000
al..... 1,250.000
I,a51,l(i0
15.(i00
1I5,OOJ
1,181.800
800.000
...
iriuuUl
ILVOO 443,001 8,387,000
40i1.000
2,4M,000
Kartne
mDortcre'&Trad l.iWO.OUO 14.275.5"0 1,105,800 5,159.200 17,4»4,200
5i0.400 2,712,200 12,456,700
J|ir|t
2,000.010 10.311.100
R17.40C
32,900
131,600
500,000
489,400
dcch. Bkg. Ass'n
5.38.B0O
1.300
!13,600
440,800
300,000
Jrocuis' r.
7j7,100
32,000
144,000
756,000
240.000
4orih River
74,-.!(0
710,:MX)
81,700
564,400
350,000
JastKiver
900
327,600
104,600
100.000
3»4,60O
i(,inafr8' & Mer.
ii98,5O0 8,029,300 10,433,900
13,051.700
r'.n National. S.5I 0,000
7,3-.'5,000
191,000 1,647,000
6,729,000
•ral National. 8,0IJO,(KjO
3,(I5S,0(^0
494.000
S.083,000
SOO.COO
,:;cr;.itiona: .
75i),000
180.500
.3.450,700
691.300
3.181,000
ional..
92'<,900
7,S17,C0D 1,2.W.500
:onal...
600,000
8,863,600
656,000 l,M4,40O
5,922,100
6,048,800
iiional..
986,300
300,1100
1,148.000
34,000
206,400
815,400
V. Nit. E.ich.
3,500
217,000
806,000
vry Nationsil 850,000 1,114.000
2i 0,000
317.700
1,170.600
1,186,100
A York County
28S, 100
1,985,900
3,;15500
334,500
750.000
r,uan.\raeric'a
95,600
!i54,100
2,111,900
3,137,900
.10 National..
300,000

8t,lW0
188,900
118,000
l.lOO

.

pKmu'

,

MO.lOO
747,9iX)

SIW.SOO
4IS.800
867,000
197,000
11,700

802,800
2»,'00
45,000
190.000
1,783,900
891,10a
179,700
450,000
401,000
6,400
448.3Tfl

84.700
8,24-t.OOO

217,400
8.900
251,000
499,100
691,000
4.700
779,000

355,000
1,109,900
637,700
293,SO0

114,400
1,030,701
1,498,000
269,0.10

696,500
45,1 CO
799.200
859,000
S3l,C0u
180,000
164,800

:

1

tenders

4.312,71X1

Dec.

766,600

Olrculaiion

288,500

Inc..

I

iTB.— In using the above coraoarison, allowance should be made for the
that the return of the Chase National Bank appears for the first time with
:iis week's statement.

The following are the
Specie.

Loans.
1878.

%

Ian. 15.
lun. 82.
fan. S9.

234,639,100
2.11,7. 3,700
2:W,720,400

10.

340,220, IOC

^\1?. 17.
'
--.
84.

235,551,400
2)6,994,300
239,431.700
243,432,900
:: --.lOO

7.

.100
...TOO
-

900
1300
1.100

jv,!..

in.

ji.,,l.io,lOO

QUOTATIONS IN

Sa,
Sa,
6a,
48,
ta,
(a,

do
do
do
do

10-19, reg.,
15.23, reg.,

In. Plane,

exempt, rg. a coup.
Camden County M.eoap

do

Delawiire Division

lifotton Ss,

453,971,364
4^.;4,149.9(>o

482,29l,94o
392,878,293

19,389,700

do

new

currency

Si.goM

do
do
ConnecUng

_

do

Mnnlclpans

ifortlandta

^Atcli.*Tcpcka1>tm.7a
do
I
land grant 7s
do
I
2d7»
do
I
land Inc. 8s..
>>oatoas Albany 71
do
68
t^.
Boston * Leweins
•Boiton* .Maine 7«

108
lOB*
102J

^Oiton a Provlden<!e 7»
iiBwI.a Mo., land (rant 7s....
'

do

.do

do

Atchlion a Topeks
Boetona Albany

a Lowel.'
Boston a Providence
Burlington a Mo. In Neb
Boston

x

1^
iiOB
98

10»M

Concord

•

ina
110
105

Conn,

m

71

;aaa. City Top. a w.,

117

STOCKS.

78
188
Connecticut River
a Passumpslc
48(4
Eastern (Mass.)
1IH4 18W
Rastrra (New Hampshire)...
183
Fltchburg
SUM
Kan. City Top. a Western...
X131
107K 1075< Manctiescer a Lawrence
Natiliiia a Lowell
100
101
89
*"«
Vnrk*
N»w
Kneland...
New
71^ 71'H

ni«

do
Neb.ta
1V2
do
Neb.8s,188S ....
Conn, a Pa»iampslc.7«, IWI.

FHchbnrgRU.,6«

6a.

Cheshire preferred
Cln. BanduBky a Clev

i]oi;on& LowolUa

i

C. 1st ra.,7i

Bostona Maine
104
114

too

99M100
60
12«

Kutland8a,;st mort

Vermont a Canada, new
VermontaMasa. Uli.,6a

7s, lac
7b, Inc..

IKaatam, Ma»»., 3vn, new.

...

IIS

lib

105«10B)t

68, IDOO-ISOI

.

a

do
do
do

Miss., ist m., 7«,g.«

2 J m.,78, reg., 1910.

con. m., 68,rg.,l943

Is, Ist

m.,'W,M.a 8.

W. Md. Is, 1st m., cr.,'9a,J.aJ. 106
do 1st m., (890, J. a J.... 1111
do 2dm.,guar., J.a J.... too
IB
do 2dm.,pref
do 2d m.«r. by W.Co.JaJ 104
6s.

3d

in.,

guar., J.a J. 108

a Cln. 7s, •il, r.hA...

Cincinnati 6a

111!
lis!

US
10m

6a,cp.,l(.S lUl
Little Schuylkill. Ist m. 7sJKI

do

\^
100
•ft

107
lOS

iSJ«
108
106

US
as
no
no

s*
9«

liiiit

100

UH M

97

..

106
78...
do
108
I'Wa.
do
do
South. KB..7-a6a:t 104J4
6b,
gold,
do
do
t
Hamilton Co., O., 6a. long., .t '96
do
78, 1ioSyra..t 100
do
7 a 7-30a, long.t 104

cm.*

..

Delaware mort., 68, various. loi ibe
Del a Bound Br., 1st, 7s. laOS
!0^.<>»
East Penn. 16t mort. Is, "SS
El.a W'msport, 1st m., 78, 'SO. 10s
58,perp ... ...
do
Harrlsburg l8t mort. «s, "SI.
H. a B. T. 18t m. 78, gold, to.
2d in. 78, gold, 110. 101),
do
Sd in. couB. 78, "»'. 86
do
Ithacaa Athens Ist g d, Jb..'«0
Junction Ist mort. 6h, '82
2d mort. 6s, WOO...
do
L. Sup.

39K

BOiroa.
J.aj...

la, 1880,

CINCINNATI.

.

Lehigh Valley, lst,6s,cp.. 1898
dorcg.,18»a...
do

Connellsrllle..90

st'k, pref. 75
D. 1st m. 78, "W 101
Cln. Ham.
4d m. 78, 'dS.. 96
do
Ind., 7s, guar.... 86
Cln. Ham.
Indiana ist m. 78... ... 98
Cln.
2d m. 7s, '77... 72
do
IU4
Xenla. Ist m.
Colnm.
Dayton
Mich. Ist m. 7s. "SI. 101
78, 'in. 96
do
ii m. 78, "Ss. 90
do
Weat. Isi m., *>( . ..t 100
Oayton

Cov. Bridge

a
a

a

7s^

a

a
a

do
do

2dm.

istm.lW.. b7

1st m. ta, IMS
cm. * Laf. lat m. 7a.
(I.aC.natm.Ta.'M
do
UtUe Miami 6a, 'a
Ham. a Dayton atook.
ll«* cm.
Colnmbua a Xenla aloek..
Dayton a Mtchtcan atook.,
8. px. at'kicuar
do
UtUa Miami atock..

_

Ind.

I.OIJI9TILI.B.

108

08
107
inR

106
uo
ii»
106

mn
40
108

lOlH
as
»<>

M

too

»4
9t»

ST

108N LonlavUle7a
104
t
T
•s,'83to'n
9*
do
18,171011
do
water U.tl to tt
do
atook
ls,17.t
water
do
rlttsb. Tllusv. a B., 78, cp.,'96 S4M
..t
whartla....
do
scrip
do
apec'l taxisof ll.t
do
lis
Fa.a N.Y.C. a BB. 78, 9»'IM6. 105
Water a«. Ce. IW7 i 100),
Lonl«vllle
Pennsylv., IBt m., 6a, cp.. "SO.. lOH lOSN Jeff. M.ai.lat m. (laM; ;a,11t
100
gen. m. 6s, cp., 1910.
do
SO
>dm.,7a
do
gen. m.6a, rg.,t9IO.
do
Ist m.,7s,im. ..t 108^ l«T
do
eon8.m.6>, rg., IMS.
do
LonUv.C.a Lex. Isi m.7s,17< lUI: l«
W7
IMS.
cp..
cons.m.6B.
do
100
LouU.a Pr'k.,Loulsv.lB,le,'<l
Navy Yard 6s, rg.W[
do
Loulsv. a HaahvtllaPerklomen lstm.6a,ooap./>7 lOS
t
Leb. Br. Is, "86
Phlla. a Erie 1st m.«a, cp.,5l.
lit m. Leb. Br. Kx.,7s,'a(M».l
104M
8d m. 7B,cp..'V. 1V4
do
l<i,'«...t
do
Loo. In.
Phlla. a Bead. IBt m. 68, ;4S-'44. 104M
Conaol. Ist m. 7s, 16
•48-.4».
do
do
Jefferson Mad. • iDd stock.
cp..'»8
m.,78,
2d
do
S{
LoBlaTlUe a NaahTlUe Mock.
dcben., cp.. »3'
do
CUB. off
do
do
ST. LOUIS.
scrip, I8«.
do
ti
St.Lonla la.laDf
In.m.7B, cp,18W
do
(ralarla,goM
101
f
do conB. m. tB, CP..1II!.
oe Bev.t 101^
do
do
101
do cons. m. 7s, rg..I«:i.
IMM
trtdfeappr-i.lar
do cons.m.6axj.^91
*'*^-f^-{li
naewai.'foM; la.t
do conv. 7b, l8«a"..
sewer. ».t'»i*I.t
78, coup, off, "SS »SH
do
Mik.c.la.t
10^
St. Loola Co.
do scrip. l»4...- •••11
mt.%
1
do
FhtUJk Bead. C.a I. deb. 7a,R
t And IBU i se* .
of lnt«r««t.
Ist in.«a,cp.,'W.

2dm.7s,cp., 'M. ll«
do
do gen. m. 7s, cp. ,190b.
do gen. m. 78, reg., 190! ir
76
Oil Creek Ist m. 78, coup.,'9i.

sa

29«
.

Old Colony, 78
OS
do
Omaha * 8. Western, 88
Pueblo a Ark. Valley, Js

Venn 't

37

69,'»7.

conv., 'a.

chat, m., lOs, '88
new 78 1900

111!^

nSCXLLAHXOCS.

2d in., 78, cur., '80
Ist, .a.

a

Ohio

Baltimore Oaa certldcatea...
People'a Oaa

2d m.6s. '8S.. 101
3d m. 6s, *^..
10S«....
106
6s, coup.,
...

854,707,464
353,322,473
414,140,01s
855,692,070
843,2:7.489
830,617,433
2«5,76H,6Ii
a48,022.458

Bartforda Erie 78, new
a Lake Cb. 8a.

IVblcago sewerage 7s

.

3?6,809.U5

(>2(iensburg

gold....

pref...

Camden aAmboy 68.coup,'83
'89
do

a

do
2d,U.aN
8s,8d,J.aJ
do
Union BB. ist, goar., J. a J.,
Canion
endoraed. 104
do

mort. 6s, *89. ... Ill
m. 7s, g.. 1903 114

110^

II'

lis
l8,exempt,'M.MUk8. 1IIS41W

RAILBOAD
Bait,

Inc. 7s, end.. *V4. 20
BelTldere Dels. Ist m.,6a,t9U2. 100

Catawlssa

a— M.

M.aT

Pittsburg

do

Atl. Ist

lou
,100
liio

Balt.aOhIo
100 80M
Waah. Branch. luo ISO
do
do
Parkerab'gBr..90
1
ft
Northern Central
90 13
Weatern Maryland
90
'V*
Central Ohio
SO
as

Mar.

19,405,100
19,078,000
19,273,600

SBoraiTiis.

6s! !!!!,.!.

58,

16)4

RAILROAD BOHDB.
Allegheny Val.,7S-10a,l8«»... 107

do
do

ll>«H

ua

do •s.gld.lWO.J.aj.

Delaware

Lebigh Navigation
Morris
do pref
Peansylvanla
Schuylkill Navigation

a

la, IMtl, quarterly... ;owj<

la, park, 1890.
la, T8M,

Cen. Ohio

CANAL STOCKS.

E.ext.,l«10

7ft

la.lM, J.aj

.

WestJersey

211,352,100
322.133.700
419,978,600
243,432,700
317,884,700
216,088,600
216,164,100
815.7n,-JO0

19,601,-JOO

13X

127
United N.J. Companies
West Chester cousol. pref....

Cam. a Burlington Co.

alOVBlTIIS.

'VennoQtu
Muuchnsetts

Heading
Trenton

lOtit

m

lOS
100
do
•8,198S,A.ao.
13>4
,N. W. Va. >d m.«nar.,'8S,Jaj too
PltUb.a ConnelT8V.'is.'M,jaJ 95
INorthern Central Is, W, Jaj 108
do
«s, 1100, A.ao. 101

AH

Pblla.Wllnilng. a IJaltltnore
Pittsburg TIIU9V. a Hull

3411,403,769
H53,!550.231

3.-0,llI,7flr

101
19

VHH

19,9.34.200

414,103,400
410,041.200
203,144,600
211,096,700

100
;»

S8(4

19,^2.',100

316,33'J,000

Morris, boat loan, rag., IMS.,
PennsylTanla la, eoup., ItIO,
Bcbuylk. Nav.lai mia.r(..'*I.
do
Id n. la, r«t., IKR
do la, boataear,rg.,lll>
do 7a, boataoar,rg..I9.9
Soaqnehanna M, coup.. .9,1

ItOO.J.aJ
110
1I0J,J.*J
Norfolk water, Ba
KAiLKOAD aTOOxa. Par.

Erie

217,411,.'.00

317,304,000

a Itala iBiSa, rg./M
Delaware DlvlBlon 4a. cp.,*lS.
Lebigh Naviga. m.. 4s, rac'M 104
do mort. KK., rg.,*?;
do m. conv. g., r*g.,*t4
do mort. gold. 'rl.
do cons. m.7B, rg^lttl

do
do
do
do
do
do
do

Pennsylvania

North. Pcnu.

(New Hanipshife

,

Cam.

L.tL

6a, d>fen8«, J.* J
la, exempt, IMH ...
It, lato, ijttarterly.
Sa, quarterly .
.
..
Baltimore la, 1S8I, quarterly. 10*

48
46

Nesquehoning Valley
Norrtstown
Northern Pacific, pref
North Pennsylvania

7s,

if,'-p.:m

6a P.

OARAL SOKD*.

BALTinOKB.

pref
do
new pref
do
Delaware a Bound Brook....
Pennsylvania
East
Eimlra a wllliamBport.
do
pref..
do
Har. P. Mt. Joy a Lancaster.
Uunclngdoua Broad Top...
do pref.
do
Lehigh Valley
Little SchuylKlU

io
do

Islm.Ta, 'A

do

do
do
do

pref

do
Sosqnehanna

IM

14

Marvland

Atlantic

a

si ID. ts, CO.,

Wwtem PauB. HR.

City <b, coupon

a
Pnlladelpblaa
Philadelphia a

I

.

do
78, reg. a coup.
DelawBre 68, conpon
Uarrlaburg City u, coapon
RAILROAD STOCKS.

t

330,877,79i
333,606,568

30
o

Cboaan.
lOS

7B,w*l'rlu,rg.acp. io«H
70

890,933,811
361,644,610

BOSTON, PniLADELPDIA AND OTHBR CITIES.

BOSTON.

ret.,im

t

218,36<),00O

iilH

KTI-'n. 104H 10*
ISO-Vl. liO
111

78, itr.lnip.. reg.i'SS.M''
ts, reg. and coup. .

PhllaJelpbla

J. cons. tn. 8«. "M
lai m.7s, 'M...
7b, 11,

la, deb.,ooup.,*n
WMtJanar
ii

N. Jersey

do

14.

rarrena r.

a

do
Catawlssa

...

Waat ChaaMr cuaa.

48, n., rg., prior to 'M lis
ll«
tt, n., rg.,(>l6aoTar
ISM
Alleftbrny County 58, coup...
Allt'Klicny City 7b. reir
PltlBburg 49, coup., 1913
SB, reg.
C[>., 19111.
do
<B, gold, reg
do

Camden a

X«

:

r......

a Krin tst m.7B, 17..
Ion a Tltaar. iBl m. 7b, "M.

do
do

Camden

HI

t«Db«<nr. a Ind. lat. 4«, iw
lony cri'xk IBt m.la iW7^^.

ptt«d

PhlUdelphIa, fia reg
6s,old,reg
do

do
00

cm.*

Iwnokin V.a
lObary

new,reg.,lBM-iaa8 III

19,934,900
19,909,900

19,325,600
19,805,600
19,433,700
19,0(^,300
19,478,300
19,616,300
19,617,800
19,577,500
19,593,100

M

orop.

g'd, ini.,reg.
cur., Tvg

t

19,18'),800

6»

STATI ANn CITY BOKOB.

a(B,785,500
205,384,100
205,965,600
213,816,700

19,823,900

.

PHILADRLPHIA.
Penna.
do

dab. Ta. apa.off

aerip, I<*1

do mort.. .Rilla. wiitn.a r
_ lU.

.

WorceBiora Nashua

do
do

Deposits. Circulation. Agg. Clear,

S

17,105,300 49.502,900
15,069,700 52.4()6,900
16,311,900 63,9;)8,300
30,4;o,000 S3,«C«,.300
8' 048,600 83,656,800
32,001,600 57,543.900
19,695,600 58,409,600
17,990,800 88,810,100
20,407,600 86,286,500
19,231,800 55,479,400
18,604,300 66,059,800
17.003,300 53,948,500
16,953,100 50,68:i,500
18,554,700 48,891,200
lK,.3-.>3.600
48,533,400
18,(99,600 4.5,680,700
17,5D9,700 4:3,362,200
13,991,100 42,(50,800
1.5,.'>47,800
40,729,100
19,860,500 39,962,500

do

Vertntinta MaasachuBetta..

a series of weeks past:

L. Tenders.

t

JolT 6. 2:i6..')W,0OO
July 13. 234,120,100
lulyJO. 886,195,500
July 87. 833,636,1100
\ug. 8. 238,09s,200

V

totals for

mt.*H.O.*l
>4H

UutUr.1l, preferred

Chesapeake

The deviations from returns of previous week are as follows
Inc.. $2,953 100
Dec. $1,484,700 Net deposits
..oans
Inc.

.

.

liluchlll

63,711.500 245,108.400 19,880,500 39,964,500 811,096,700 19,889,700

ipdcie

Northern of New llampahlr*
Norwich a Woro«Bt«r
Ugdensu. a L. Champlaln
do
pref
Old Colony
Portland Ssoo a Porumonth
PiiiMilu a Arkansas
.

6,762 800
7,400,800
8,788,800
4,0S2,>00

«,OOO,00O
M-York
ii.iihiltan'Co.'.. S.ISO.IWO
.... 5.0(10.(100
Mirrlwttta'
S.dOfl.OOO
Mnrhaiilca'

Total

BM. Ask,

.

$

'

BaSTON, rHII.ABai.rHIA. BM.-0*a(lBaMl.

;

LnaiiH iiiid
Capital. Dlscciunts.

ntwxi

-•SI.

457

llie

DA.-ll^v.

Aug.

.

THE CHRONK^LE

1878.]

.

.ojal

'.

,.

«

S
M

M«

.

»

In default

I

..
..

.

1

i

..
.

.

.

.

THE CHRONICLE.

458
active

Mailroad Stocks are guotei on a previous paye.

NEW

xrvu,

Vol.

I

QUOTATIONS OF STOCKS AND BONDS IN
Bonds and

U. S.

«

.

,.,,
.,

,

YORK.

Prines represent the per cent

whitewr

iialue.

pir miy

the

he.

STATE BONDS.
HMCrUET'TIB.

AlaoAina

do
do
do
do
do
do
Jo

Bid.

8s
8b,:SS3

i-l

--

'20
20
23
4
4
4
4

88 of 18M
8s of 189S
& rkan^as 68, funded
Ft. S. ISf
do 7s. L. K.
L.R.
do V- Mamnhls

A

&
do 7b. L..'i.P. U. &N.0
U. R
do la, MISS. O.
<fc

Ark. Cent. KK...
Connecticut 68
Georgia 6s

do

4
107

Is,

—

78,newbond8

do
do
do
[Ulnols

....

;;•;
*••

10 lit
lO-^* 109

107H
IQS

lOi^ lUS

Warloan
do
HontuckySs

102>i
103

82
52

new

s
8

do
do

Ask.

fis,

1333

78,

ISW

do
do
do
do
do

ii

103K
i04«
103H

lS89or'9l..
.

do

do

lew bonds,

lOii
101)
10.)

lOoMi

101
105

.

18(iS

9
B

J. (t.7

U

&0

dj
A.
Special tax. Class
do
Class

...

do

.

do

1

do
do

3

1«

6s,
88,
6s,

new

e

old

new
new series..

bonds,

is39
185;

do

consol. bonds

ei m'ltm-ed coup
consol., 2d series
deferred bonda
D. of CoUimbla 3-65s, 1914.
68,
6a,
68,

do
do

"•A

104
110

1»*8

68,
6i,
68,

S

20
20

VirerlnlaSs, old

10

Classa

Tmneasee

...

3

1

S

6

Fnndin? act, I8S1
LauilC, 1S«, J.ifc J
Land C. 1889, A. ds O...
730f 18S3
Non-fundable bonds ...

....

i

uOhloJs.lSSl

108J<i

103 H 105

i!i37..

SO
SO
6)
BD

r'RndlUET act, 1866

104 V4 uioH

or Dn.,due 189.1...
Fimdlne, due 18M-5.
.
Ban. & St. Jos., due 1888.

14

do
..
..A.iO
do coup, off, J. & ,f...
do do off, A.dsO.

lOSlt
llli^
102

15!^
IS

•.5M

A.& O
V.C.KK
.!.*.)....
do

W2ii

1394..
IS'i..
1833.

do

Ss.old. J.di J

74

Alt!

107
20

M

Jan. ft July
Aprllds Oct

121
122
:2i

.

Bid.

68, cp., *93-f

S>atli Carolina

...,

68

T5H-

1382 or 'as.

113
113

do coup.. !8S7.
do loan. ..1883.
do do ..1891
6«,
do do
1892
Sa,
do do .1843
>
^ jrth Carolina—

52
63
52

BUaiTBrTIBS.

Riode Island

go!l, reg....l88T

aa,
68,
«8,

52

MtSBOOrt 6s, due 1878

do
do
do
do
do
Asylum

Bid.

it

63, new.
6s,
floatVdeDt.
do
78, Penitentiary..
do
6s, levee
do
88, do
do
8s, do 1875
do
88, of 191U.. .....
do
7s, consolidated..
do
is, small
Mlctiltfan 6s, 1873-79

s

100

78, endorsed. ...
7s. gold bonda...
6b, coupon, 1879...

BKOUBrTIBS.

A8_fc.

Sew York State—

do

42

Ala. dtCh.K.

Bid.

LDulBlana 6s

M.&E.I!B..

8a,
88,

SKCITRITIFB

ak.

42
42

5s, 1883.
58, 1S56.

25i«

28J.;

25
22
22
Hi
70
53

30

;

3<

;^

77JI

Bmall
registered

78

77J4

;

BAIIiROAA ANO ini^^CEI^LANEOUS !«XOrKS AND BONDS.
Uallroaa mockh.
Active prevVusli/ QuoVd.)
Albany & SuBquchnnna..

Albany

5

.

Harlem

laea

ToIletA: Chlcflgo,.

Long

iMlBsourl

Kashv.

12

Kauaap &

(Jidf. A: St.

Ohio

&

15 ^W

A

do

&

Oleve.

& 8aratO(cft
Kome Watertown & Oar.
Louu Alton & T. 11 ...

5

BuIIalo

19H

Ul

Uitoc^ h'xchanf/e Prtcet)
£oBt,d H. & Krle, in in..
d(i
guar. ..
Ii ir.o. U * North., let 5s.
Mtnn.& St.L.,Ut Ta gua

68, 1887
loam . ,.
6s, real estate..
102*8
X
Be, Bitbscrlptlon.
10ii.4;xl03
119>,ll2U
ft Hudson, ;st m.,cour
do
1st ra., reg.
119;,4|!1B0
Hudson U. 7s, ad m., s.f., lS8f ;iiujt!....
Vo
Canada South., Ibt guar..
75>i,
'•17«
Harlem, 1st mort. Is, coup..
X
do
iish: X
do
78. reg...
lli45^|,..,
North Missouri, l8l mort ..
lOlilg, 103
Miss., consol. sink, fd
Ohio

2SH
29
70h,

.

71?^

b&

px coci t25
& Alton let mort. 1:4
''o
Income. 104
d)
slnk'g f imd xlOJ
joUei & Chlcago.isi m.
107
',B. & Mo,, 1st m., guar.
fit.L.JaclcA Chlc.ist m. i03^
Chic. Bur.& Q.8p.c.,l8tm qii^
do
conBoLin.79|
i:

iao

112

114H

lom 110
10«>8!109%

coupon

reglBfd
Central ol a. J., l8tm.,*90

ll^H

do
do
do
do

do Istconsol..
do
*B8e8tcd.
do conv
do asBeired,
Lel^lgh& W.B.con.guui
do
do aesei ted.
Am. Dock & Imp. bonde
do
do
Bspnteti.

j

iii.Ss.P.L'
;;idin.7 3-10, dt

lflt78, tg ,l:.r
let m.,LaC.U.

lBtm.,L&M..

L & 1).
iBtm.. C. &M.

4o

82'4

88

ts
SO
B«
61
39
54

BHli

83
63
'45

BO
00
ll'SM 120
105
106
I04;< ;od
lOS
108W
103

•Ch .Mil .& St.P.l St

Ist m.,

lOOJi

l8tm.,H.ftD.

lOu

do
108
do
consol.sink.fd
do
100
do l8tm..7p, I.&D.Es: 07
Cllc. *N. AVtj8t.8lDk. fd
w-.H
do
Int. bonds. 1104
do
consol. hd»( xllO
do
ext'nbds..' ;i05
iBtmort.. ;io7
do
do
cp.gld.bdit
103
reg. do
do
Iowa Midland, let m. 88. ioiiH
Galena & Chicago Kxt
105

Mm

«r,ii

,

I

PenluBula

let m.,

103.M
10vj<
lOiMi

102s*

xOO
C.C.C.&lnd'B iBt m.78,SF, xibf IIW
do
coHBol.m.bd'
^0
Del. Lack. & West.,-,!d
10:% 101

m

do
78. conv
lo:j>s|io5
do mcrt.. Tb, 1907 103 IM
Byr. Bingh.A N.Y. >t,.6 .... ilOl
MorrlB A Ebsox, let. m
lloj^
do
2d mort..
107
do
bonds, 190U

do
do

construct'n

do

let con. euar.

78,

of

1871

D«l.&Bnd.Canal,lstin.,'&<

do
do 189:
Ist extended.
do
coup. is. 1S9J
do
do
rcK. 78. ISSJ
Albany ft Susq. ist bds.
d

.In
'

m

107

\wm

If"
72« 75
18W!....
13S*:

15

13KI 17
i2ii<i:a3
Ilrt>jl

.o7'.i,ni
X

ft

Bellevlllo

Tol.Peorln

ft

15
J30

m

1

lOUJi 109

'M m.
n^on

lOfi

lOS

2dmort.,prel.

OB

72
32
92

T. H.,l6t

Wnrriaw.

111.

Is";

St

88S»

J90

L.L

ist w. 1)
do
l>UlUQgl'U Ulv
do
2dniori
do
.'onsol.'i'
do
do P.Com.hcpte,lst,E.I) 94
So
do
Ist.W.D J94
rto

(^O

Bur.

D

do Ist pief.Inc for31M
85
do
do fo, couB'd
97
100
Tol. ft Wabash, ibi ui. c.jLLeiio', 125
do ex coupon
104K 105
100
do Istni.St.L. dlv
90«
do cx-maiured conp....
S2H "mi
i«op
mort
60
do
05
do Extended, px coup.. xdOU 70
93
eoulp'i bonds
10
111
IIH
do con, convert.
53
:iri

90

«S
rrlce nominal.

do

Ex. Aug..'78.ft prev'sll
T

And

accrued interest.

,

111

tlOS
tlO»
170
170
104
tl05
>li«
'112

unit

mi

.

101

106
109

106 H,
109
r.i
79

70
107
,ot
111

115
102
llli<

113

105

109

*7

100

.

Chic, ft Kasl,

do
Chic

mort., 68

111. 1st

.2d

m.

Inc. 78.

Mien. L. Sh. 1st

ft

Ch.St.t'.ft

do

.Inueap

do

I.

,

(;f,

g

m

Connectlcni Western IstTs...
tiDan. Urb. Bl. ft P. iHtm. 78, g.
ft

ft HIo Grande 78, ijold.
Pittsburgh Ist 78
do
con. m., 78,,

do
78, equip.,,
Evansvllle ft Crawfordsv., 7s.
EvanavIIle lien, ft Nashv. 73.,
Evansvllle, T. U. ft Chic. 78. g.
r'llnt & Pore M. SE.Laud grar.t.
Fort W., .iBckson ft Sag. Ss, 89
(Jrand U.ft Ind. '.st Is. l.g., gu.

&
&

Gt. N. Ist IS, g., cerls,
Texas C. l8t 78, gold.

do
do
do

4S

West, dlv

Waco.

do
funded Int.
Long Island RU., ut mort.
Air Line

t90
50
18
35

>lo. iv.ft

Tex,

iftl

40
48

do
2d m. Income.
Midland lat 78, gold
T. Elevated KU.lstra
N.T. ft Osw. Mid. Ist

105

m

lod
Bill

93

St. L.ftSo'easl . cons,7fl,eo] J,'9I
St. LoulB Vandalla ft l. II. 1st.

do
Sandusky Mans,
South Side, L.

2d,
ft

Newark

1st

I.,

guar

m.

80

80« 8t
'is
10)^

27
20
113
SO
•20

25
01

;

.VI.

ft

«

861

Uu,

c.

MobileftB <coups. on)
8b (coupoi'S onj
68, funded
Montgomery, new

Kew

Si'
20
35
48

58

new

90

prein.5s
08..

25
114
93
40

75«
TO
00
2S
24
SO

S7
33

K'lllroad. 6s.. ,.^

Wharf

,

W

.Na8hvllle6s, old
6s,

{

»'

;^

lmrrovem'ts,7-Sii

I

6b

88

10«

68

7s,

101

old

gold

1021

«2
82

new
j

coup

I

on.

Cent. Georgia coneol.m.

lOiimifS
fl»

78
102
1.0

90

74

«l!9

UB

^s.

.

theae a.e late.t quotatioua

'

95

lOli)^ 102

68

Mock
Greenville ft Col. 78, lat m,
78. guar.
Macon ft AUffusta boads.
2d endorsed

36

45

1(4

107

98
7J

101

75
90

'ss

35,^1

block

Memphis

es

Cba'ston

Ibt If

too

2d 78

SO

•lock
Meinph.

MlsBlhSlppI Cent. 1st

m.

35
98

It

2d mort,, ex coupons....
Miss. & Tenn. 1st m. 88, A

latmort..

Mobile

8b,

& Ohio

B

sterling 88

Sterling ex cert. 68
Bs.Uiterest
2d mort. 8b
N. u. ft Jacks. 18t m. Bb.
Certificate, 2d mort 8s.
Nashville Chat, ft 8t. L. JiIst, SB, Tenn.ft Pac. i^r
lst,6,»,Mc.Vl.M.W.ftAl.Hr
Nashville & Decatur lat 7b
J)t
iVorfoik ft Petersb.lst
.

m

Ut mort. 78
2d mort. 88
Northeast., h.c, lat m. 8a.

2d mort. 8s

Orange

ft

AleA'drls. ista.Ct

ii18,6b

,.

102
84
108

'

110
84
65
89

82
as
«!
43

60
40

13

lOj

no

'itti

101
101

;

!
i

I
'

I

90>i

80

88«!
99^ 100
104)4, 106

100
05
119

88
90
78
33

I'etersh.lstle..

ft

Rich. Fred,

ft

Potomac

6a,

,. ,,,
mort. Tb
Danv. ieicunaol.6t

Rlcn.ft

Soutbweat.,Ga,,conv Tt.'^^i
Southwestern, Ga., stock.
i. Carolina KI*. Isi m. id,
78, 1902,
78, non

|

j

1

40
lOa

12

!tllB,Sa

Klchtii'd

I

7
Little itock l»l

ft

8d8,8S

34

sink. fund..
Souib. Minn, Ist mon. 7e, '88.,
Southern Minn,, 78. l8t
Tol. Can. S. ADet. Ist 7e. e

{.So price to-day

Endorsed,

.

bond.;,

, .

97,
40

2d mort. 08

103
101
104J^ 105

«;;«

do rccelv'sctls.t labor)
do
do
(otherj
Omaha ft Soathwestern lili. tii
Oawego ft Uomc 78, guar
Peoria PekIn ft J. Ifli mort ..
Pulbnan Palace Oar Co. stock,
do
bds., 88, 4th serlet
St. L. ft I. Mt. (Ark. IJr.) 78, g.
St. L. ft San F., 2d m., class a.
do
do
clasB B.
do
do
class C.

32
72
87

.Macon bonds, 78

52

Ha

..

100
101
100

48

Gulf, consol.
78k Atlantic ftend.
by Savan'h
Consol.,
Caroima Cent, lat m. 68,r

105
101
91

'«5

N..I.

I

KAILKOADS.

103

1.

L

F.

103
90
97

Memphis bondi C
Honds A and B

8s,

•Ml

42K

115
102

tlOl

Ala. ft Chatt.lal m. hs.enu
Receiver's Cert's (var'a)

53
90

Bl
92
S7
85
70
58
84

l',3

bondf

W11in'ton,N.C.,68,g.

(new.

Ist 7a, g., l9lH-'06

7p,

,8,

Stock
Chan'te Col.ft\., cons. 7i
Clieraw ft Darlington o8
40
ft Seorgia 6b
30« iSM East Tenn,Va.
fis.eud.Tenn
90
h:h K. Tenn.ft
K. Tenn. Va. ft Ga. 1st. 76
99
Stock
87
84
Georgia RR. 78
78

88, 1890
li.,

Charleston. 8. C.,

Columbus, Ga.,
Lynchburg Gs

78,

m

8f

, .

vllcht<;an

Waterworks

Savennah

consol. bdB,,
72H
Indianapolis ft St. Louis Ist 7s
64
Indlanap. ft Vlncen. I8t7s, gr..
90
International iTexaa) latg,..
81), fSM
Int. H. ft O.N. conv. 8b,.
20
...
.1 act. L. AS. Ss.Istm., "while'
tlOlJt 102
Kai. .-VUegan. ft Q. I:. 8s, gr..
99 101
Kalamazoo ft South H. Ss, gr.
80
Kansas City ft Cameron ids .
107
tio4
l^eokuk ft lies Moines li>t 7a.,
73

iloiilclair&G. L.:st

«a,.

Klchmond

80
15

^P

104

tll2
tll8

95

Augnsta, Ga., 78, bonds.
CharleBton stock 6s., .,

6s
7nH Norfolk
Petersburg

:oo

IH

XSO
45
91
70

8i
72

103!ij

84
37

do
ist .8, l.g,, notgu.
80
do
Ist ex 1, g. 78.
50
Grand Ulver Valley ?b, Jst m.. t99
Houe.
Hous.

Atlanta.Ga., 7s

New urbans

Ss. '89. t....

6s,g.,new

gr.,

44
102
74
07

48
1011

CITIES.

Consolidated

1

2dniort.lne'm!
ft S. Ill.li. IBt
ft

1,.,,
.S2

109

,^08

19C3.

105klO-)i Louisv. & Nashv. cons. in. 78.
do
52« 53
2dm., 78, g..

Og.. con. isi

do

do
Alton
do
do

10S/>s

^(tinort
lAl

..,

....

10(5

RAILHOADS.

33

Pennsylvania Uli—
Pitts. Pt. W .« Chic, l8t m.
do
do
2d m.
do
do
Sd ui

Iron Mouuialh,

,

..

Atchl-on & P. Petik, 6. gold.
Boston ft N. Y. Air Line. Ist m
CBlroft KuUon, 1st 7«, gold..
California Pmc. !1K., 78, gold
do
68, 2d m. e.
Central of Iowa Ist m. 7a, gold.
Chic, ft Can. South ;8t m. g. 7s.

|lo;«

lOSJi; lOB

gr.nntB, 78,

Lea>en.i>r.,'9t
do
\ilthconp ctfs
do
do 161.7 ,Ii.ftL.O.DM.'9J
with coup. ctfs...
do
do 1st m.. 7s. I'd gr., 'SO.
with coup, ctf.do
do 2d mort. ,7s. 18811.
with coupon ctf ..
do
do Inc. cp. No. iion I9lt)
do Inc. cp. No. ICoulSlo

St. L. ft

'.-Silc.

1891-'94

Tonkord Water, due

Krle

Ist, 7s,

do
do
Home Waterfn ft

wato

Denver Pac, 1st m,7s, ld,er..g.
u.m Denver

Sinking fund... ,-,,
do
lom loa
PaclQC R. of Mo., Ist morl..
do
2d mort
9.%!l0l
Income,
do
do
IstCaron'lh
South Pac. of Mo., iBt m
Kansas Pac, 1st m. 6s. \si^., 110
do
with coup, c fs. 1U3
:110
do I8tm.,6s, 18SC
with coup, ctfs
do
lOOK

St. L.

Chic.

]

;90
103

puts., consol.. s.f.
4lh Miuri
uo
Col. Chic, ft Ind. C, in mon

conv.

AMJlw., Ut morl
Winona & St. P.. let m.
do
2d mort.

Land

do

90

.

.

Cleve.

,

.

9l)i' 91-.;

.

10<%

88.

OUjsi 70

RailroadsCentral Pad He gold bonds,
do S.in Joaquin brarcb
do Cal. & Oregon Ibc
do StHte Aid bonds.
do Land Grant bonds..
Weeteru Pacific bonds
Southern Pac. of Cal.. 1st ui
Union Pacific, Ist mon. b'dt

Ch.Hk.l.&P..8.f.lnc.»8,*l*5.l

do
do
do
do
do

Toledo
Toledo

Chic, ft S'tli western 78, guar..
Cln. Lafayette ft Chic, Ist
Col. & Hock V. lens, :» years,
do
UI 78, 10 years.
do
2d 7a, 20 years.,
lC6Ji !00J<
Connecticut Palley 78
^9Hl 9o

consolidated...
2d do
Ist Spring, dlv.

Psclfic

104M

.

,

188.'>-9S

Long Inland City
Newark Clty78 long
do
Water 7s, long.,
Oswego Tb
Poughkeopite Water
noehester C. Water hd".. 1903,

&

do
do
do

•j7

111.

d"

.

liartf ord 68, various
fndlauanolls 7-30S

I

€ ilcago

69, 19i7,
68, 1917,

I

do
do
do
do
do

Railroad BondA.

fun

.

.

do
do
pref.
.^ntarl' Bllyer Mtnin,?....

58 sink,

,,

.

Spring Mountain Coal...
Mariposa L.Ai M.Co

do

do

102

ins

tlOtl

44

73

Georgia 6s. I819-'89
100
7<»
Carolina con. as (good;.
Rejected (br;6t sort) ,,
68
Texas's, 1892
M.*S. tl02
is, gold,189;-1910 ..I.&J.
7b, gold. 1901
l.fflj,
lOs, pension, 1SS4,. J.&J

H08

1101;^

42
TO
4H

....
.

S.

lOTK

tlOO
tl05

71

STATES.
B,5,

C

S7J4

Js,

6>f}s

CS

iBfokera' (Juotatioiie.)

78

Vs,

Detroit Water Works 7«.
Elizabeth City, 1880-190^.

i.

Marietta ft CIn. Ist mort.
..
XllO
Mich. Cent., consol. 7b, '902
,.
Istm.Es. R8a. s.f. 108Jt|l0-Hi
do
equipment bonds.
do
New Jersey Routneru ist m. 76 "i6. 1;:;:
103^41 X
N. v. Central Cs, 188.3

OonBolldat'n ('oal of Md.
Cumberland CoaJ tV Iron.
Maryland Coal
Fenuaylvanla Coal

l8i

IJ

103
10n

State Line "s

Alabama new consols, A..

107

roe...

sewerage
water
78, river Improvem't
Cleveland 7s, long

J

,,

.

Atlantic* Pa". Tel
Am. OUtrlct Telefrraph..
Canton Co., I^altlmore....
Amerl'ian Coal

oi».

UOH

.

miBcePons Stocks.

Ohio

&

do
do
do

107ii

new bds
new bonds..

t75
100

Iitst.

Albany, N. Y., 68, long
Buffalo Water, long
Chlciigo 64 long dates

J24

A8li.,o]dbde

Union ft Lugansporc i8, .,
Un, Paclfie, So. Br ,«b, g.,|

South'!! Sccnrttlea,

CITIES.

JSJM

Kalamazoo A W. Pigeon, 'si lOOVi
108
Det. Mon. ft Tol.,lst "8, 1906
110 I,
Lake Shore DIv. bonda ..
Cons. coup.. Ist.
do
<[
ConR. re(r., 1st.
ii'a
do
Cons, coup., 2d.. J105
do
106
Cons, reg., 2d
do
li5>i!

Terre Haute* Ind'poUs..
United K. J. U.&C

&

&

Jluffalo ft Krle,

&

,

new bonds
do

do

103
ii)V

12-1

iUrokerfi' (quotations.)

;1'«

S.K., 7 p.c
Tol. plnklnp fund..

Cleve.P'vIlle

Southern...
8t. L. L Mt8t. L. K. C. & North'n.pref

l.ubf

As

do

ITIiscellaneons

99K

;10:J

&

do

RoDvselaer
St,

pref.
do
do
HeUevllle&So. IlL.pref.

99.,

m

Lahe ShoreMich 8. & N. Ind.,

97
bO

do

110}^ 11
1'0>4 10l.lt

id div
do
Minn., Ist uiort..
Indlanap. Bl. &. W., 1st mort..
mort..
do
2d
do

.

Mlsslselpn), pref
W. Ch.. guar.,
Bpecial.
do

EMttB. Ft.

II2«
I039i
lOli^
1029i 10 1:^
lOii
jlIO

Hull. N. Y.
R. I8t.!ll.,l(l!i>...
& St. .Ic, 8fl. ennv, mort,
Cen.— Oub.&SIonx C.,lst

lit., lOtia..

ex coupon

2dmorl.. '!«
2J mort.. Exft Nov.'n.coui..
yuiucy « Toledo, 1st m.,'9o..
do ex mat. ft Nov.,'r7,eou
Illinois ft So. Iowa, lat morl
do
ex coupon
Hsn. ft Cent. Missouri, ipt m
Pekin Llnc'lnftDec't'r.lst ni
rte.-lern Union Tel., 1900, cp.

1st rci.

Han.

do
Cedar F.

Tptiis.

JNew YorkElevateu Kit..
N. Y. New Haven «. Hart.

xII2

mort.. extended
eodcrsed ..
do
do 2d do "is. lS7y
7s. 18BS.
do Sd do
do 4tli do 78.183(1....
do 5th do
do 7b, cone., morl., p'd bds
do
^- Long Dock boBdF..

Loru, LSI

do
d>

Ji'O

..

HI.

..

Louis

IjricdL

i'ui*

f>lft, Ist

8094

Kunaas Pacific

s...

f.-n-.

Saratoga, Ist coup

do

pref
do
Cleve. Col. CIu. & I
Gleve. & Plttsburir, enar..
Col. Chic. «; 1 Cent
Dubuque & SIoui Ulty.
Krte prel

-

&

KenB.

Burl. C. liap. cc Northern.
Cblcago i& Altoii

Iflland

busq. Ld b n

d£

1

i

'»S

95
78
102
to

low N08
morl

...

^^valHlah ft Cbsr.lBt m. 'i*
Cha'aton ft Sav. fis, end.
Ala., 1st mon. 83..,
2d m..^B, guar

West

n
SO

40

JOS
104

Its
IC6

15
40
20
80

ii

I

I

i'd
I

I

I

PAST PUIS COnPOHfe
Tennessee State coupons.,
douth Carolina consol. ...
Virginia coupons
Cop::ol. ''imn
MftirpiilB

made

...

City coupons,.

tula

week.

3iJ

I

I

:

—

1

NOTBHDBR

AND CORPORATION FINANCES.

Tb« iNVKSTOita'Bui'VLBMBNT iBpublliihod on the

laiit

Saturday

of each month, and furniabed to all resrular HubRcribera ol the
No Hinf(le copiss of tb« Sai'i'LKMKNT are aojd at tbo
ClinONici.ic.
office, HO only a Bultlcient number i* printiM to aapplj regular

One number of the Si;i'i'MiMKNT, honevHr, ia bound
'I'liR Financial Kbvibw (Auuual),aiid can bo purchased

•ubiicrib»rK.

ANITUAI. REPORTS.

Monib.

<f

flroM

*718,(Hil

»<o6,»sn

fe'>i««'y
Marrli
April

011,818
I.SOi.'47

UIHOIM

J13.:M

7*,IM

l.aOT.KU

May

I,4»l,ll*«

<i«,'5l
78^,314
R»<,«87

l.R-

.inno

1,14- ,40S

W7,«k.l
619,481
0M),19I

790,1)04,

I.4'i;

Total....

lie

.

Oprrat'g K«rnln(>

II

^I.IW.HM

l,.^.

J7,4«MI«$8,"«l,H4$»,M0.0i4 »7,9«,M7 fS.Mii.op«ratlnit tip^nnea for ih« month oi
the accoiintf for ilio month were
nearly written uu

.

XoTK.— Tbe camlngt and

Thp«nnu«1 report of this company for the year 1877 Is just
The pamphloC also comniDs ilie report of earuir^.'i
i>ubli!>h>'d.
Tbe remarks
ind orpenaes for six months later, to July 1, 1878.
-:iT»

._i8r«.

,

Oporat'g laroInK*
K«rnlnu«. Kx(irnae<,
onr
In Culn d; rill and rper.l'K
(.'orri'ncy. Currcnrr.
Bxppn.

are (•etimated

Mr. Leland Stanlord, are brief as usual,

1877

Omw

Central Paciflc Kuilrnad.
(Fbr the year ending December 31, 1877.)

18W.

.10,

TIiH frenbest part of ihs Cmlral I'aciflc r»|Miri. and that whlrh
has most loieriwt for the holder* of It* wcuritle*. is tba ut«fni>ot
of earninga and opsrailog expenseg (raouihly) for th« six tnooiti*
ending Jun« 30. 18>8, aa compared with 187'. Th« toUl* are ••
below, and It will be reiormb«r«d that thv in>te«tf« operatixl m%»
l.filO miles at the opeolng of 1877, and 3,074 mltea at ihibeginning of 1878.

Janntry.
- ,
-, ,

in that s'jape.

the ptusideut,

\r,9

OrCRAIIOItH KOR SIX MOUTH* BKDIKa jvnt.

littrcstinmts

ap with

<

.

TIIK (IIUOMCLK.

2, 1878.

STATE, CIT¥

.

;

w

l>iit

ol

it

Ihi-rc will <iu Utile varlsiiou In thu actuil ro-iilt.

AND rA88ENnRn

FIlEIonT

The
both

tallies

frei){ht

ni'SINKSH.

below give deial'a of th« busloesn of th« ytar
and pasiecgera.

lo

;

At the last sessioo of C<<Dgro98 there was parsed what is
n as tho 'Tburman Bill,' which, in it* proTiHions. is in
with the contrkCl which ynur company made with the
;uinent under tue Act of 1802, and wliicli, if constitutional,
u
The company
will i-Briouely affect the welfare of ilie company.
bag a'ways lived up to the spirit at d letter of the contract, and
the 0)vernment has never complained that it did otbeiwicc.
Thf oimpany accepted the loan of the botds of the Uovfrnment
it » lirao when ihey were far below par, in gold; and tho road
V&8 fo far complelftl as to give to the Govrrnmeot its use seven
vi»ar9 tarlier than tbe contract required, tbert-by savinsr to the
Cni:«'il S atts, annually, a sum far ia excefs of what it has been
calliilupon t> pay out in interest. The company, with a duo
rfgard or its own welfare, could not have sffbided to hasten the
coutructioo of tho road as it did, and accept the loan of theto
depreciated bonds, except upon tho theory of a contract
which has been sustained ly the Supreme Court of the United
that it would not be called upon to pay the interest until
Slates
the maturity of tbe bonds. For that purpose, the company
has alredy provided a sinking fund, but until the constitutionality
that sinking fund must
f tlic Thurman Bill can be determined
Under tho theory of that bill, tbe aid
je held in abeyance.
derived by the company from the Government, instead of having
been a benefit, would prove a serious injury. It would have
Wtn !ar better for the company to have taken the lull time for
he completion of its road, relying upon its own means and
We
.;redit than to have accepted the so-calUd Government aid.
are advised by counsel that the Thurman B 11 is as clearly
Aside from the
anconstitulioual as it is unquestionably unjust.
clear legal m>-aoing of the Acts of 18C2 and 1S64, the debates
upon their piiesage show the intention of Corgress and also show
that the construction placed upon those Acts Dy your company is
correct.
A just regard for the rights of jour eomp-ny will make
it the .luty of your board of directors to test \\\r, constituiionality
o'herwisa instruci<d by the
of the Thurman Bill, unless

rBXIOUT CABtllD.

'*

•,

.

—

Btocklmlders.
,
"The recent r.ulii'g of the Secretary of ihf Ititerior in n liiion to
the riglit of settlers to preempt the landu granted to the comany, if legal, would bear with much hardship upon the
ntereats of the company ; but we are advised by counsel tliat.
under the law, illustrated by a ncent decision of the StjpremjCourt of the United States, hi.s ruliiijr is not It-gal, and that tiio
interests of your company can not be seriously jeopatdiz -d thereby.
Thefquilies are clearly with the company. I^ has always been
ready to dispose of its lands at rtasoi able rates, ad< pting, as a
;

nation about twenty-five percent below what similar
held by private jarlii's. Ii has been
impossible for the company to n^-M all it:< lanrs and more
particularly the very large portion that was wiihheld fioni the
compat.y by the Government until Ocioter. 1874, as security for
the completion of the road according to contract.
" U «R8 deemed advisable by jour b^ard of directors, in view
of tie pustage of tbe Thurman Bil', not to declare the u-ual
April dividend.
In this action the hoaid was nlfo influenced by
a desire to extingnish the floating di bt of the company, represented by addiiioi.M and incieasen betterments to thn company's
rule, a val

lands, similarly located, are

property."

MILES

OlMCttATEI).

The report of the general superintendent jjiv'S the following
.(count ol mileage:
miles onerateJ, including Uased lines,
of
Decfmher 81, 1&7C, w»s 1,6I!0 46-100 miles; since wLicii time there
has been laid a short piece of track between Fruitvale and
Fernside, 18100 cf a mile.
Additions have b«-en made and roids
opened up to businefs at different times dining iho year, as
follows

The

Northfrn

PI78.

.

1-;;.

Pound
Local

l,8Sflftn,«8l

fri'lijht

Tbronah

y.lMt.'tlA

frilirht

Compaiiy'ii freight

1X18,0(0531

Total

-,.J-I.iij».i30

TTsi.rS.wl
Of the local freight, there were forwarded trom ihcagrlraliaral
districts to the general markets 301,014,.')Gi pound* in 1870, and
160,463,250 pounJs in 1877.
In through freiirht tli«re was
a decrease in 1877 of 823 per cent or 31 li«9.498 poundi,
and a decrease in tons hauled cne mile of ti 23 per irnt.
Company's freight hauled iucreated over previous year ir41 per
cent, or 75,087,100 pounds, and in tons hauled one mile TO'100 oi
one per cent. Exclusive of grain forwarded to the general markets, the locnl tralflc shows an increase in 1877 oi 4"67 per cent,
or 71,001,131 Founds.
There w.s a decreise in grain traffic of
5153 percent tonnage, and 5044 per cent earnings in 1877, com.
J,8S5,17l,n4

pared with 1876.
The foregoing report is for the Central Pacific Riilroad and all
leased lines except the California I'icific Knilroad and the Stockton & Copperopolis Railroad.
Below is a statemoni of tbe
tonnago and mileage of the Central Pacific Kiilroad. incladtng
the last six months of 1877 for the California Pacific Railroad and
the Stockton & Copperopoiis Railroad
Tonnaj^o
Tooi haaled
:

one mile.
16l.ii;.831

in poniid*.

Localfreighl

1

Throngh fre'ftht
Company's freljjht

fl4.'i..'i.'i6,880

7»,3l4,»iO

I49.6l«,i3IK
iS,808.M J(

3,C4'.,14»,761

Vi3.i\t.l9s

3l6,478,4«t
:

Total

The number

of passengers carried over the Central Pacific
Raiiroad, boih tbrouirb and local, for the years 18T0 and 1877
were as follows.
Tbe figures given for through passengers
represent the travel between the termini of tbe main line, Sau
Francisco and Ogden.
PASJEHGIRS CARRIED.

WcHw'd.

Total.

.3.'i\5J9

6ai,-.8S

537,.tt(>

47,4»
M»,<IM

l,om.!l&3

4,003,891

4,"«8S.»W

J,890,5-.'7

S.9;i,J91

5,MI,«il

S,0OS,48S

5.-.7J,<i59

3«9,t21

3,)il,43J

<,8<0,S66

Eastward. Westw'd.

Thrnnsh— rail...
I.iical— rail

do

ferry

*

«0,56^

87,655
86S,7.M
rail 3,379,568

Total

5,770,174

Total. Earlward.
98.420
81.817

TBfcS

distance traveled by each pasaenger waa 3S'64
miles in 1877, and the average charge per mile, per pasieoger,
waa 303 cents

The average

ia;2.

Avcrasie number of ml'ea traveled by
SS-JS
.a<hpa..'senger
pawenAve age charge par mile per
'
i;er,1ncent*...

SM

EAKMNQS AND KSPESSK8
Earning*.
Krel-hi.....
Pussenger
Exp-l
.Vl-.ll

MirColIuneonB ..
Mecpliig car ...

1873.

1974.

1875.

187».

1877.

'6'89

8177

SS'SS

»»0

«-«4

8 85

3-5J

$57

FOll

18

. ^o'"- .

CnnencT.

t*';"''^

|JI.I18,MS

1,1SI«.5»4

:;,:8S,I»9

141.844
8.443
3 8.428

8»,0M
f:r,«M

M.8N

ICO.MS
IP.iM

m.ii(

Trlci;rH|.h

.........
JSi SOt

T2K TEAR

4.770

54.810

&.7S3

BMssage

n,786

W.MI

Mllfitife

>».<as

11,715

Rcutnl

4SIKS

\Vliarfnge

iTt

7.3M

>i«.8ai,RI5

number

RaUwav— Jsn.

15, •;7. Slicll

Mound

Hlles.
to Delaware at. (Berkelej). J'4C

!<onthirn Pic'llc RHlirniid— yet) 1, 1877. Huron to Go»hen..
<600
90-71)
Ma'ch 8, 18^, Indi" to Dos PnllDBK
'i9iri
AprI «, 1677, l>0» Pi 111118 to Pilot Krob
8-0"
M«y 23, 18 1. Pilot Knnh to Coloredo Klver
^••pi SO, l!-;7. Colomdn Kiver to Vnnin. Arizona
140
Lo» Arcc'cs
San I)lip. Ra.lioad -Dec 17. ';7, Anabeimto .Santa Anna 6l»J
'
al. Pav.
Francisco and So. Vallfjo) .139-81
-dncl's; tr. liim i ctwicn

RK

I.f» Aiifi'le-

&

*

$7,718.

Indc •ndcnoc Railroad

Operating eipenaaa

total

miles operated Dec. 31, 1877, 2,074 7-100.

4800

.•t«.47l,144
7.774,117
.

..

l#.-N.7«e

Earnings over or crating rxpen-es

Statpmentof earnings and oreraiing rxpeDte*
aud currencj
1874, 1675. 1876 and ISTT— total coio

for the years

BimintsoTtr
OprrallBf
IziMiae*.

Karnlng*.

Opcraiinc
Expeosef.

..

llS.'.II.tWO

>.^,i»'.'«t

..

15.«l>5.09l

•.4»M»t

•.I7T.8W

16.»»4,«'«
14,471,144

•.8»7.«11
7.714,417

f.inroi
F,«N,7M

Gr«»«
•874..
lf7S..
:8-«..
1»71..

fie 471,144
(5S.750
:.7I8.H<

.7j.77«.41T

Total operatlag expen»e»

17-Cl

VH

<M

Total "arnlngs

Mm

.NonbciQ Raihiar—Buiwicn Woodland and Williams
S-tockton * Coppcropolla Railroad

MakioE

Total earnings ..
Operating ezpcnxi

..

..

THE CHROT^ICLE.

460

STATEMENT OP PROFIT AND LOSS FOR TEAR
To—

33(1,

General and miscelianeons expenses
Legal expenses ..
•••...
Olvil ecgineering
Discount and currency receipts
Dividends Nos. 7 and 8
Land department expenses to date
•
Lesseales
Stockton & Copperopolis Railroad expenses to Jane 30
Lessearnings
-

—

Mb

482, 65S

Total

146 ;i:9

Expenses

•ii. ,045
310,,397
4,342,i,040

i;Ai-;r„
•T^9'2??

408,647—

M, ,453

$J0,294,938

Balance to credit of this account, Jan.. 1877
Barnings for year 1871
Less expenfe of operating
Interest and sinking fnnds
OperatlDg river steamers and barges

$10,165,589
$16,471,1)4
7,774,417—8,696,726
189,247
64,537
$1,326,632
California Pacific Railroad, to Jane 30, 1877
506,326
819,806Less expense of operating
572,000
£72 land grant bonds redeemed with proceed! of land sal es

"
$7,661,159

e,9(i3,127

(i.548,-;ll

lS;4-75
1875-76
1876-77
1877-78

7,869.963
7,104,753
6,779,610
6,633,633

5,371.v01
4,337,438
4,613.766
4,41J,997

;

INCOME ACCOUNT,
as above

$a,-i36,872

2,414,916
2.1.M,050
S.777,.i20

2 166,844
2,219,686

lS77-"8.
$2,919,538

Dividends, eight per cent

$1,600,001
48),168

Interest

Dividends on leased roads

1,

75,000— $3,160,158
$59,877
$2,.380,3W
59,b77

31, 1877.
$9,439/579

Real estate
Shops.
Machinery in shops

Total surplus September

1,,3-^3,,5c,7

mortgage bonds of series A, B, C and D ....
morIgn£e bonds of series E, F, G, H and 1 ...
bonds of the West. Pacific, series A & B..
mort.
first
of firrt mort. bonds of ihe Cal. & Oreg'in, series A...
of flist mort. bonds of Cal. & Oregon Div., series B..
Materials in shops.
in store
do
for track rf pairs.
do
for first
for first

379, 116
51. :94
207;,177
869,,907
46:

I7S

Fuel

Cash

,990, 169

By—

The

$.M,275,600
54,835.000
856,C4i
10.798
63.523
27,855,680
8.666,466
5,618,228

Fundeddebt
Trustees of land grant mortgage, coin.
Unclaimed dividends.
Hospital Fund
Government bonds. ..
loss.

Balance of Accounts

Average receipts
Per passenger per mile
Per ten per mile

LAND DEPARTMENT.

Acres.
land grant from the United States Government to the Central
Pacific Railroad Company of 11.800 acres per mile, for 749 miles is. 9,497,600
1,500,010
Deanct for laads pteviously granted and reserved, say
7 997 600

Oregon Railroad of

8,724,800
11,712,400

Since the execution of the land trust mortgage, October 1,
1870, there have been sold to December 31, 1877, 403,751 acres
of land, for |3, 926,363, being an average of |7 35 per acre. Of
these, there were sold in 1875 89,354 acres, for 1163,72-5, averaging
about |5 60 p»r acre in 1876, 36,503 acres, for |375,400, averag.
in 1877, 93,647 acres, for $1,303,870,
ing about $7 54 per acre
averaging about $13 991 per acre.
There has been paid to the trustees under the land trust mortgage, up to December 31, 1877, the sum of $1,894,058 in coin.
There remained due and unpaid December 31, 1877, on the lands
eold since October 1, 1870, $1,503,640 in coin. The trustees under
the land grant mortgage report under date of July 1, 1878, that
they received from the land department of the company $534,976,
during the six months ending Dec. 31, 1877, and during the six
months ending June 30, 1878, $397,361 and had on hand July 1.
[$1,100,000 of land grant bonds were afterward
1878, $1,153,404.
purchased in August.]
;

;

;

{For

the

Boston & Albany.
year ending September

30, 1878.)

This is the first of the prominent trunk lines, whose fiscal
years terminate with September 30, to report its operations. The
receipts and expenditures for the year ending September 30, 1878,

were as follows:
BECtms.
passengers

$2,275,351
3,721,486
tt8£,745— $6,633,533

freight

Jrom other sources
XXPXNDITITBKS.

Repairs of roadway
Repairs of engines
Repairs of p;.S8euger and freisht cars

Repairsof buildings, ferry, etc
Transportation expenses
Oeneral expenses

Net balance

of

Income

liast year, 1876-7, the earnings

2"240cent8.

2'310 cents.
1 307 cents .

1129centB.

1678.

receipts upon the whole undertaking, including
the Buffalo and Champlaiu lines, have been,...
£874,711
Lees discount on American currency
14,323

i8?3,807

£880,386

£8£1.003

Deduct working expenses («t rate of
Bgainst77-28forJa«ehalf sf 1877)

$'07,777
300.674
490,427

2,804

75'73 per cent,

Less interest on postal and military bonds not retired..

Leaving

13,800 acres

Total

2,BC1,6S7
31.3,829,671

The gross

The

&

5,293,361
103,-:78,ia6

ls77.

the
generally noticed, that the valuable lands of the California &
Oregon railroad covered by the Central Pacific land mortgage, do
not come wiihin the scope of the decision.

laud grant to the California
per mile, for 991 miles, Is

-

1676-77.
6,045,728

Grand Trnnk of Canada.
{For ihe half-year eliding June 30, 1878.)
The following is from the report of the directors for the halfyear ending June 30, 1378:

to the late decision of Secretary Schurz affecting lands of
Pacific railroads, it is an important point, and one not

The

1877-78.
6,024,183
5,200,641
101,221,965
2.642,555
329,708,573

Tons freight carried
Tonnage mileage

$152,ai,3c8

Leaves

DOINGS IN TRANSPORTATIOS.
operations in each of the past two years were as follows

Train mileage...
Passengers carried
Passenger mileage

$lt2,2Jl,236

Capital stock

$3,456,060

;

907. ,177

693,1,358
650.1.146

14,711
30, 1877

There has been a falling off" in the gross receipts, owing to
continued depression in business circles, but by judicinns
management the expenses have been kept down. No addition
has been made to the construction account during the year, all
the improvements having been charged to expenditures.
During the year the number of freight cars was increased from
three engines were re-built and the passenger
5,037 to 5,434
equipment fully maintained. The company has re-placed 14
wooden bridges, 859 feet in all, with iron, and has built 61°15
miles of sidings.

98i,,874
664,,712
147,,126
715,,301
991,2,9
S62,,0(15
562, no5

Furnilnre, telegraph instruments, safes, &c. ..
Steamers, Sacramento River
Sinking fund for convertible mortgage bonds.
for California State Aid bonds.
do

do
CO
do
do
do

Less uncollectible accounts.

$134,.247, 167
7,,693, 671

Equipment

From
From

$9,798,032

l«3-r4

Surplus not divided
Snrplns at commencement of year
Add surplus September 30, not divided

Construction

As

4.612,TWi

$9,167,832

Net earnings in 1S78,
From this deduct-

To—

and

307,693
tii,7>0,59S

1872-73.

8,658 ,46S

CONDENSED BALANCE SHEET, DEC.

3,*9i),781

:

2,S3fi,,,<)27

currency.

Balance brought down, January

t2,',82.!24
-

The maximum of gross earnings on this road was reacbed in
1873-3, and of net earnings in 1875-6, as appears by the following table
Gross earng's. Opert'g expenses. Net eam's.

«
«,n
13,610
,181

com.

By—

XXVIL

Net earnings

174,635
165,453-

Leased railroads
Leaced railroads
Balance

Passenger decartment
Freight department
Miscellaneous

$3,7t6;,983

Taxes

fVoL.

18-6-7.

1877.

Interest..

Profit

—

:

:

.

Applicable for the following payments
Interest, &c.. paid on lands
"
temporary loans, &c
*'
British-American Land Company debentures
*'
Montreal Seminary debentures
'•
Island Pond debentures
Atlantic & St. Lawrence lease
Lewi:- ton
Auburn Railway rent
Detroit line lease*
Honireal & Champlaln bond interest
Butfalo & Lake Huron rent
First equipment bond interest
Second equipment bond interest
Five per cent perpetual debenture stock

&

,

£664,467

£667,9!3

£195.919

£213,750

16,596

540

£179,323

£213,910
£3,031
2,057
616
616
2,700
59,954
1,849
11,860
8,530
81,600
12,6:9
15,000
67,156

£212,541

Showing a balance

of
£213.910

The amount brought forward from the

last half-year was £49,the first preference stock, at the

958, out|of which a dividend on
rate of 3 per cent per annum, for the December half-year was
paid on the Ist March last, absorbing £48,234, and leaving £1,728,
which, added to the present balance, leaves £3,397 to be carried
The passage receipts were less
to the next half-year's account.
by £3,911, or 1-63 per cent, though the numbers were increased
by 10,389, or 1'20 per cent, as compared with 1877. The receipts
from freight traffic increased £13,815, or 3'18 per cent, and the
tonnage increased 103,173 tons, or 980 per cent. The total number
of passengers carried was 876,361, as against 885,973 ; and tlie
quantity of freight was 1,156,045, against 1,052,878 tons. The
average receipt per passenger was 5s. 4^d., against 5s. 6jd., and
'Ihe charges for
per ton of freight 10s. 4J i., against lis. 8d.
repairs and renewals of road and rolling stock compare with 1877
as follows 1878, £335,693 ; 1877, £315,333.
During the half-year, £1,049,959 five per cent perpetual debenture stock has been issued, principally for the t-xcbanffe or
redemption of pre-preferential securities, and the following have
:

been thus absorbed

233. 9i3

Postal and military service bonds for
Champ. 8 per cent 2d mortgage bonds
Mont.
Fir.-^t equipment 6 per cent mortgage bonds
Inte'-national bridge bonds 6 per cent
Eundry mortgages 6 per cent

&

2,719,221

61,»tl— $4,413,997
$2,219,536

and expenses were as follows

:

Total

fl.lSfi.SfO
76,02!
76,700
46,409
8,294

£1,363,9JJ

;

:

By

the

(THHONICLK

'rk*:

•ifotltittitin i, 187y.j

Ortnd Trunk CooBoUdated OubcDture Slock Act, 1874,

it ia proTl(l*>d

aa followa

:

to time, at und when any prafersntlal cbarsa •hall bo pnrcxchaiiced, rc.iccmcd, or otU' rwlno wqulrcd by tb« company, tba
Income which wnnid oihiTwlae bavo hean or bacome pan.
Iilo In ri'>|>i'Ct of ouch prefi'renlial charuo ah'ill thnncprnrib b« applied In aid of
uulh'irizad to bo nreatediand
till' Iniori"! piijnhio on lbs dohenturo etock hcrohy
the loourltv lo which ancb prFrorcMitlnl charge wunid obcrwlaa bavo boon
(MiiiUi'd 'hull ooiiilnue aa tecnrity. im> ((intij, fur the heroflt of the aald dcbenlur.' Mnck tti> if <>u<-h iirefc-entlal cnamo were atlli cxlaltnir, and anch Iniercat
flm i-Dnttniic payab c, and tuch eeourlty ahall contlnao to aubafat In favor of
dL*ri<M.ttire ptock, iiDtll, hy one or other of tiie meana afureaald, the wUuIo of
the prcfcrcutliilchargea ahall bavo beon extliiKulabed."

"

n.

From timu

«h«»<'il,

InliTiKt or nniiunl

I

Tim annual interent of such cliargeR or aecnritieg converted
into dolxMiture stock up to the close of the baif-jrear nmounted
Aa rejiatds the International Bridge, the Uraod
to i;!j;J,4S0.
Trunk Company have now received chares in the bridfi^e company for thu balance of £141,078, which has been expended in
proviiiing accDiumodation on the Buffalo side of the Niagara
Rivt'r, and for works necessary to the due completion and practiThere has been a reduction in
cal wo'.king of the undertaking.
the cliargfs against capital account of £383,171, arising out of
the conversion of postal and military bonds into debenture
The whole charge against capital for new works and
stock.
The " Loans" which stood in the
rolling stock was £12,733.
corre.-ponding half-year of 1877 at £261,042 have been paid off.

aSNERAL INVESTMENT NEWS.
—

Atlantic Miss. & Ohio. In the foreclosure proceedinjrs at
Richinond, Va., Judge Bond declined to allow the Dutch l>ondholdt-ra to le made parties defendant to the suit, as the truttees
He
are acting (or tliem as well as for the English bondholders.
stated, however, that should occasion arise requiring an appeal,
considered
parties
for
that
petitioners
will
then
bu
purpose.
the
The Court next took up the motion
Judge Hughes dissented.
submitted by the trustees and English bondholders for the foreclosure of inortgagejand sale of the road, which was argued at
length, and Judge Bond ordered a reference of the report of the
master back to him for a new report of the assets ol the company, with its liabilities and the liens upon the property in just
The case upon the original
order, to be returned in thirty days.
motion will come up for final he*ing on January 15.

—

Chicago Milwaukee & St. Panl. The extension of this company's Iowa & Dakota Division is now completed to Sheldon. Iowa,
the crossing of the Sioux City & St. Paul Road, which is 24
miles west from the last point noted and 84 miles from the old
terminus at Algona. This makes the Iowa & Dakota Division 210
miles long, from Calm&r to Sheldon, and completes a fifth line
across Iowa, ending (by using tiie Sioux City & St. Paul) at Sioux
City.
The line is to go through to the western boundary of the
State, and will be built some 15 miles beyond Sheldon this fall.
Railroad Gazette.

—

Cincinnati City Loan.— In the matter ol the application for
an injunction against the issue of the (2, 000,000 loan for the
completion of the Cincinnati Southern Railroad, the Superior
Court, Cinn., decided that the loan Is constitutional and the bonds
legal, and refused to grant the injunction.

& Cleveiand.—The annual report ol
company shows the following for the year ending June 30:

Cincinnati Sandusky
this

Gross earoi'KS
Expenses, laxea, etc

,

t714,32^
534,:il7

Leaving net earnings

{179,906

This shows a decrease in gross earnings ol f 5,804, an increase
of $4,240 in expenses, and a decrease in net earnings ol $10,044.
Included in the above-named expenses are the cost of 1,000 tons
new steel rails and 70.987 new ties for re-laying the track
re-building three bridges over the Scioto, Olentangy and Mad
rivers at Kenton, Columbus and West Liberty, and of narrowing
the entire track to a uniform gauge of four feet nine inches.
The floating debt shows an increase of $52,213, which is more
apparent than real, as past due maturing coupons are included,
and these are n
to be paid in cash, but funded, in all covering
a period of three years' interest on the same mortgage bonds;
and the funding of the coupons and the issue ol scrip certificates
therefor, under the provisions of the agreement, are now
progressing favorably and will be completed soon.

461

the United ButM, a Nallooal Bunk, la •rrWIof »l th« •moant of
taxable capital stock beyond the amoual lovrated In Uolt«d
Statu* bonds, shall be allowed to deduct the amount Inmeted la
fiftyyear 3 O-'t funding bonds ol the Diatrlcl of Columbia laaaed
under the Act ot June 20, 1874. The Attorney-Uoneral haa flled
his opinion, in which he eaya:
The District of Colnmbia waa an nplrlnc corporation, aad a arorpnraU
legal entity It ceaaod to exl>t by the oporallon of thla act.

Th« Hfokler
KnndCammlMlonera derived Ihwr powers, Inncilonsand amh'irlly from Ibe
United Stslea ; and the lasuinx of theaa bonds wna the means t>rovli1r<t by tha
Unltad States by which certain llabllllira of tha District were (a b*
dl charged.
As the corporation ihus cesaed lo riis>. and aa the lionda i
prepared and Issued hy ih'i Comnilsslonan of the S nkInK rund uodo/ Ibe
authority of the United Slates. nM the faith of the I'ultcd Siat-a was pladfad
to provide by leglalatlon fur the payment of principal ard lntere>t npoo tb«
Bsiue, aawell by proportional approprlailona from Us Ireasnrr aa hy caaslnt
to be levied upon the propeity In the District surh u«is as would provide ib«
revenue neceaaary for tba payment of the Interest on said bonds and create a
ainkinc fond for the payment of the prlnnpsl at inatnrliy. It must b«
conaldered that thsae are iibllgatlons ol the United HIatrs to the payment ol
the Inteieat and principal of which lu faith is sole-nnly pledged. • • •
It would seem to be clear thit tha fact that tliey tr^ obllntlona of the
United States do«a aot ditpoae of ft que-ilon whether they are to be
•
• •
Included within the amonntjexempted onder this statute.
(t cogld
not have been within the contemplation of Conirress at the lime when the aet
waa originally pasaed, nor at the lime of the revision, to Include the bonda o(
the District »f Columbia within those exempt from tax itlon under Bactloa
5,314 of the liovlscd Statntes, becanae tbey were not In existence. It la tree
that they could have been Incuded by aubeequent leglala Ion. It la Important In this connection to observe that in all the leelalatloo relating to tba
bonds In queetlon, they are never spoken of aa " United Slatea b mda," bnt
always as ''the bonds of ih? District of Colum'.la." • • • The conclnalon
to which I arrive upon thla point Is, that the "bonds of the District of
Coltimbia*' are not ** United States bonda" within the meaning of Bectlon
S,m or iho Keviaed .Statute*.
I have considered the Inquiry with relation to Section 5,tl4 of the Rerlaed
Statntes, although the quesilou refers to Section 5.215. as the eXDfeeslon la
the latter must be governed by lis use in the former section. Aa the parpoee
of your inquiry is to dutemilne whether theae bonda are to be treated ae
Un ted Slates bonds in arriving at the amount of taxable capital atocka af
National bunks, it is proper to conslder|wheiber the fact that the bonda of the
District of Columbia are exempt from taxation antbortzea Ibetr dedncUon
from the amount of capital slock over and above that which ia tnvaated la
United Statea bonds, properly so-called, la ascertaining tbe amoiut of
taxable capital stock.

The Attorney-Qeorral

declares that the tax in qaestlon ia a tax
compelled, therefore, lo come to tha
result that, in estimating the capital stock ol National banks
which is liable to duly, there cannot he deducted therefrom tha
3-C5 bonds ol the District ol Columbia which they now own.
The franchise tax is imposed without relerence to the inquiry
whether property is invested in taxable or non-taxable securities.

upon franchise.

He

is

Elizabeth City (N. J.) Finances.— At a meeting ol tba
citizens of Elizabeth, the financial condition of tbe city was
reported to be as lollows
Liabilities— Bonded debt, $4,774 ,'500 floating debt, $937,000;
State and county tax lor 1878, $100,803; unexpended appropriation-, $87,070; due on contracls, $48,155 ; total, $-5,007,528.
A-gets Cash in treasury, $40,405; cash in sinking land,
$21,055; unpaid assessments, $1,805,150; in'ereei. $50,000;
bonds in sinking fund, $117,500 ; tax arrears, $345,.352; interest
on arrearages, $80,000; unpaid taxes lor 1878, $270,807; toUl,
:

:

—

$2,720,831.

Illinois & St. Louis Bridge and St. Lonis Tunnel Railroad. The committee ol re-organization in London have given
notice that the following bonds have been deposited with them,
upon the bases ol the agreements dated 28lh Aagnst, 1878:

—

Bridge, 1ft mortgage
Bridge, 2d mortgage

£6^0,600

I

Bridge, Sd mortgage

3S4,400

|

Tunnel mortgage

£>ti.«0

19M0O

also stated that the amount ol bonds thus deposited ia
largely in excess ol the proportions ol the several mortgagefl
required to enable the committee to proceed with the receiver's
plan, and they have applied to the Court at St. Louis lor the
Bonddecree ol sale, which they expect will shortly be made.
holders who do not deposit their bonds will be excluded Irom
the benefit ol the plan, and they are therefore recommended to
sign the agreements and surrender the bonds withont delay.
It ia

—

& Western The press
Indianapolis Bloomington
desfatchen from Bloomington, III., Oct. 30, say that the sale of tbe
Indianapolis Bloomington & Western Railroad, by order ol tbe
United States Court, to saiisly the claims ol the first mortgage
bondholders, look place on that day. It wae bought on the first bid
by Mr. J. D. Campbell, lor Messrs. Talntor and Blossom, ol New
York, a committee ol the first mortgage bondholders sent to bid

and brought |1,000,000. Filiy thousand dollars had first
been deoosited as a gnarknty ol good lalth $50,000 more was
paid down, and the rest is to be paid when the United States
Court confirms the sale. The total ol the first mortgage bonds is
$5,000,000, including the $2,000,000 bonds of tbe Danville Urbana
In distribution ol the proceeds these latter bonds
Bl.' & P. road.
take at their par value, and the Indianapolis Bloomington &
Western firsts ol $3,000,000 at 50 per cent ol their par value.
The buyers estimate total preleried claims for which they
After the sals a company
are responsible at about $700,000.
was organized in accordance with the Illinois law, with •
E WiUiMns,
capital ol $2,800,000. The stockholders are: R.
Bloomington; Fred. W. Peck. Chicago; George W. Pat ker.
Joha D.
Charleston; John L. Farwell, New Hampehire
Charles L. Capen. Bloomington ; George S. C
Campbell, Iowa
and
Dow Brooklyn. President, John L. Farwell; ^'•tary
Parker, bpeck
Treasurer, Charles L. Oapen; Director?, Measrs.
be lormed.
and Campbell. The Indiana company cannot yet
The extension brancli Irom Champaign, 111., to Havana, 111., a
sale, but will be
distance ol 100 miles, was not included In the
The date ol this »!•
sold undtr a separate order ol court.
bonds ouU'.andIng
haa not yet been fixed. The total amount ol
remainder ol the total Usae
on this branch is $3,235,000, but the
hypothecated
authorized, amounting to $2,215,000, has all been
company.
to secure the floating debt ol the
it in,

;

Delaware & Hudson Canal.— The earnings and expenses of
the railroads owned and leased by this company lor the month
of August are reparted from London aa follows
Alb.£Sn!>q.
All roads.
,

t
|l

r
<
i

GroiB cnrninKS. Ansnat, 1877
Gross carniDKi!, August, 1«8
Expenses, Aui;ust. 877
Kxpen^ea, August. 1S78
Net eamlnijs, August, 1877
Net e«rl]ing^ August, lb78
Increass In gross earninga, August, 1S78
Increase in net earnings, August, 1878

only.

$31.5.671

Jl)7.369

«S,168
Ifi4,3ia

95.880
87,'«W
89,875

]50,(m4

2<).«)i

Ifi5,fi07

S«,853
112,494
93,788

55.444
47,651
86,1)43

—

District of Coiambia. The District Commissioners have
ordered that a tax be levied ol $1 50 on every $100 of real estate
not exempted by law; except on real property held exclusively
lor agricultural purposes without the limits ol the cities ol
Washington and (ieorgetown, and so designated by the assessors
in their annual report, the rate shall bo $1 on every $100, and
upon all personal properly in the District ol Columbia, not taxa
ble elsewhere, $1 50 on every $100, according to the cash valuation tltereon.

—

I

On the 27th of September, Attorney-General Deveus was
requested by Secretary Sherman to expreiis an opinion whether,
4inder the provisions ol Section 5,215 ol the Revised Statutes ot

;

;

:

:

,

THE CHRONICLR

462
James Rirer & Kanawha Canal.— A
in the City Court of

suit

has bnea iDstitat.d

Richmond, Va., against the James River

Kanawha Canal Company, by Thomas Wilson, Thomas
Jenkins, and other holders of the

company.

first

mortgage bonds of that

—

lonisTille & Xashyillc
Th*^ LouitviHefCoaner VournaZ says
of this company: "Mr. H. Victor Nowcomb, Vice-President
of the Louisville & Nashville Railroad Company, returned home'
Saturday, from a visit to London, England, where he has been

engaged in very important financial transaction.s connected with
the corporation he represents. The particulars of Mr. Newcomb's
negotiations have not transpired, but it is understood that he
succeeded in making such arrangements with Messrs. Baring
Bros. & Co. as will enable his company to liquidate the greater
part of its floating debt, and thus place it'in an eusier and stronjrer
financial condition than it probably h«s ever i.efore enjoyed.
The result of the negotiations can not be otherwise than most
advantageous to the interests of the stockholders of the company
and the market value of all its securities, and, in connection with
the nnprecedentedly large tratSc now being thrown upon every
part of the road, will not fail to greatly enhance ihe credit and
prestige of Lou'sville's great corporatii)o,"jn whose profperity the
city and all elapses of cilizeua are to mucli interested."

Monlclair

& Greenwood Lake.— A meetinsr
the Montciair & Greenwood

of re-orean'ziag

Company was held on Wednesday

for the

purpose

Lake Railway

at Taylor's Hotel, Jersey City.
It was calted by the committee appointed by the bondh-Hers to
purchase the road at its recent sale, Mesars. Cvrus
Field,
Abram S. Hewitt and John B. Dumont. The Times report says

W.

that the committee did not call a gener.".l meeting of boD<iholders,
but only of 15 persons in addition to themselves. These 15
persons were designated as the ' associates " of the purchasing
committee in the re-organization of the road. Notwithstanding
the Imit of the call, other bondholder.! attended the meetintr,
and when the proceedings were opened about 50 persons were irl
the room. The proceedings weie stormy, and perfonal altercations were violent.
The purchasing committee and afsnoiates
adopted, for the re-organized road, the name "The New York &
Greenwood Lake Railroad Companv." The following board of
directors was ^lected: Abram S. Hewitt, Piesidenf; Cvrus
Field, Smith Ely, Jr., Samuel J. Tilden, E. D. Morgan, George J.
Rice, Cortlandt Parker, B. W. Spencer and Hugh J. Jewett,
although Mr. Tilden's representative, Mr V. N. Jordan, said that
he -would not serve. The capital stock of the new comoany was
fixed at $1,000,000, in shares of |50 each.
After the announcement of the result of the election, and just
SB the meeting was about to adjourn, the following protest was
presented
" The undersigned, bondholders of the Montciair & Greenwood
Lake Railway Company, for and on whose account the property
has been purchased, protest against the proceedings of this
meeting, as organized under the rule of the Chairman." The
protest was signed by C. N. Jordan, agent Charles W. Hassler,
Henry Wheeler, Charles M. S<^hott, Jr., William O. McDowell,
agent, John C. Lloyd, and George T. Stearns, a^t-nt.
Although this protest was not handed in until Mayor Ely had
declared the meeting adjourned, it was accepted by the Secretary,
Mr. Willinm L. Raymond, and entered by hitn upon the minutes.'

W

;

New York & Boston.— The New

York & Boston Railroad Com
pany, through tne Farmers' Loan & Tru^t Company, has transferred 53106i-3230«35 shares of stock of the road, to Jesse Se'.ic-

man

and John

Herman

York&

Brown, trustees, and 976488 3S30835 chares by
and William G Taaks, receivers, to the New
Northern Railroad Campany, the consideration being
C.

R. Baitzer

2,900 shares of the Stock of the latter company at its par value
of $100 per share, and bonds of the company amounting to
All claims of the old company against Sellgman and
$65,000.
Brown, truattes, are traueferred to George H. Scott and Oliver H.
Palmer, trustees, for 1,510 shares of the New York & Northerii
Railroad Company and $34,000 in bonds, Seligman an -1 Brown
transferring to the new company their stock in the old road for
1,590 shares of cammon stock and $35,000 of bonds in the re-or-

sanized company.

New York City Bndget,— The Board nf Eitimate and Apportionment have adopted the provisional estimates of ih« various
departments of the city government for 1879. Tl e estimates
show but a trifling reduction as compared with 1878 on the great
majority of items, and only on the Department of Public Works
and interest on the city debt is tliere any material saving to be
made. The judicial salaries paid in the city of New York are
simply enormous, and these are kept up to the highest figure of
the Tweed regime— $15,000 to $17,000 per year— when the cost of
living and business incomes in general have fallen off oi,e-third.
Real estate in New York is groaning undt-r the enormous burden
of taxation, and there is hardly a sane busineps man who do s not
believe that one-tiiird of the gross amount of taxation could be
cut off, and the city nffairs still be administered with quite as
much efficiency, and with fully a |?rtat benefits to the citizens, if
it were only possible to in'rodnce the executive mauxgeiiient
which business men ordinarily exercise in the direc'ion of their
own affair-'. The following communication was submit «d to the

Board by Comptroller Kelly

:

" Finance Dkpahtmknt,
"Comptroller's Office, October' 31,
"

To

the

Hoard of Eitimate

"I have the honor

}

1878.

C

and. App'.i tionmevt

present the provisional estiniite, as
agreed upon, for the year 1879. The toti.1 amount of appropriations made for the next fiscal year shows a redu tion, as
compared with that of the final estimate for the present jear, of
to

The amount appropriated for expenses of the
reduced, and also the amount of interest
on
on account of a reduction in tho amount of
the

$819,606 55.

& government
C.

[Vol xxvn.

city debt,

citv

i«

the
citv

debt, and of the rate of interest to 5 per cent on a
portion of the
funded under the provisions of an act passed
^,'olo'^'^°"^
June
3. 18.8, commonly known as the
'Bonded Indebtedness act
Ou State taxes there is a decrease of $160,264 47. City bonds
and
stocks issued by authority of laws making them
pay.ible from
taxation fall due in the year 1879 to the amount of
$4 447 IS") 8")
The amount to be raised by tax for the payment of these
bonds
and stocks has been fixed by the Commissioners of the
Sinkin?
1 und, under the provisions of the act referred to, at $1 000
The reicainder will be provided for under the same act 000
''I'he

who.e amount would oherwise have tj be added to the
tax levy
for 1879.
The taxpayers are thus relieved of the burden of pav
ing the entire amount next year. The following table
exhibits
comparatively the appropriations made for all purposes
in the
final estimate for 1878, the amounts asked
for by the depart
mental estimates for 1879. and the amounts allowed
in tlie
provisional estimate for 187&.
" Respectfully,

John KKLLY,

Objects and Purposes.

Department of Finance
Statetaxes

...

Amrunts

allowed,

asked

IfiM.

The Common Contcil
The Mayoralty
.'

...

.

Interest on the city debt
Uerten»ption nf ihe city debt
Arraories aud drill rooms Rents

Judements ......
Rent?— Leases in force
Law Oep rtDient
Department of Pubic Works

•3,:.u,0fij

383

i,'l55's<);

1,li«i,5:.9

l,!li.-j,5D9

..
'.

..'

Health Department
Police Department
Fire Department
Department of faxes and Afscfsmeute!

69 037

1)2,2.10

aoo'.ooO

4'0,0a0
61.200

70 175
148 0.0
1,611100
'sn'coo

Deijt. of Public Charities atid Correction.

",

TO,i:oi.i

815

4,106.611
1,S9 .84!
loe.eoo

3,S.56,500

00

9,iao,oc<i

•3211.8

3,584,'

1,214,970
106,800

140,000

135,0i<l

164,500
3 6,400

13.3,300

329,800
8MI,2J5
"0,000

861,('25

..

70,001
3O,0CO

..]
]'

",','.',

lc'5,DC0

WiscellaneouB
!..!!!!
Asylums, reformatories and chaiitab!ein-

170,726

6t:tutions

Rednct'on on amounts allowed for 1878
Keduciion onamouuta asked for 1879

1,503,100

6ti^,9.'0

175,000

.

Total app opriatlons...

1,79»,5'.0

80,000
40,0
143,600
92,»70

948,840

1.12),181

$30,101,077

$30,956,072

..

vi,m

i,0!iii,n(o

'.'..'

SherifTa fees
Elect i' n expenses

1

218.416

13',0C0

„

(i.(H:il

61,81X1

13,00.3

1,.355,541

books

A..

1

62,350
.)

l()0,niw

1

'.

Coue^'n of the City of New York
Advertisirg, pr:uting,8tationery and blank

Salaries— Judiciary
Coroners' fees

8,r;) ,I.M

.6.OJ0

1,-W',870
108,90
3,400,000
135.0C0

.

'.

— Citv courts

4;.(io(i

•2-r),ooo

To'O'O
1,1.0 000
.3,1-99

..

Board of Edacatiou

Salaries

lfi4

j;inr,?Eo

iiSm
iiifim

'

\\

...

I.-r.l.

3,751 OfB
8.730, 153

\,\\

Bjaildiiigs

estimwo,

S.911,3-2tl
a.vii^m
!l

Department of

Provis'nal

tll4,6'0

,'.

Dei artroeut or Public Parks

for,
1S79.

$!07,fO0
46,000
8S5,«:0
'.'.'

—

Comptroller."

Amounts

8o,oce
135,000
9J,I»G'
»i2,S4CI

$29,284,4tt

*5l960(

.,

..!!!!'!!!!!!

1

O'lW.

New York

City Elevated Railroad.— Bids for 6,750 shares ol
the capital stock of the New York Elevated lioad and .$67.'),000
of its first mortgaee bonds were opened at the company's otfices
yetterday. Under the charter of tlie company, none of the stock
can be sold under par, and it was all taken at that figure. The
mortgage bonds were sold at from 45 to 85 per cent.
N. Y.

& Oswego Midland.— The

committee of seven appointed

at a recent meetinpr of the holders of receiver's certificates of

New York & Oswego

tht.

Midland Kailway met and organized. A
resolution was passed inviting a conierence with the holders of
first mortgage bonds of the road for Friday next.
According to
a plau of re-organization proposed, the receiver's certificates are
to be made a prior lien, and the road will not be passed into the
hands of the first mortgage bondholders until the interest on
these certificates has been paid for three successive years. Bj
this plan common stock will be issued to the holders of first
mortgage bonds, and all others will be wiped out. There will be
a mortgage of $300,000 to pay the foreclosure expenses, which
will be raised by subscription, and which will have to be paid
out of the first earnings of the road. The amount of preferred
stock or income bonds to be issued to the holders of receiver's
certificate"! will be $2,000,000 at five to seven per cent interest,
and common stock amounting to $13,000,000 will be given to the
holders of first mortgage bonds.

Ohio & Mis-sissippi.— The Am,eriean ExcJiange says: " Th«i
reconstruction committee of the Ohio & Mississippi Railroad
Company has recently held a number of consultations relative to
devisiaj; some plan for the re-organization of their property.
They have finally adjourned, and Mr. Scarborough, the only
member of the committee residing out of the city of New York,
has returned home. It is stated that the committee concluded
that it would be useless to attempt to assess the stockholders of
the corapiny, or, rather, to ask them to make any contributions
towards its reconstruction, and that, therefore, they have
decided to recommend to the directors the commencement of the
foreclosure proceedings under the second mortgage.
W^e are
informed that it is the wish of the committee that it shall be
understood that the foreclosure proceedings are to be of an amicaljb nature, and tha the stockholders will be called upon to
pay only a very triUing sum upon thfir shares, fiiuply to
provide for the local expenses of the proceedings. Bat from
another source it is intimated that the procedure will be likely
to convey the entire property into the hands of the Baltimore &.
Ohio Company, and tliat the stockholders, when too late, will
find that they have been left out in the cold.''

Omaha & Northwe-tern. — This

road was sold

city,

under

Omaha ou tlie 34th iosr. to the Union Trust
who bought the property at a nominal price for

closure at

of bondholders.

A

reorganisution will take place.

fore-

Co. of this

the benefit

i

.

.

NovKMBBn

3,

THE

1878.J

.

:

(JIIRONICLE.

463

OTTO N.

O

Kkiimt, V. M.. Novembor

"cOMMER(nTL KPITOMeT
1.

There is an improved tone io comiusrcial circles. The wook
haa wiiaosaed a (urtlier ditcitae io values of staples o( agriculture, prices having been reackeJ in some cases mucu b 'low
This (act is
the previous experience of any now in trade.
tlio

future

— tUo worst

Is

believed to have

Often burore, during the past six yeaia,

pMsed.

bait

to-nlgbt. Is given below.
this evening (Nov. 11. the ti.ul receipts havo r<»< lied
bales, against :(1.',»30 bnlnslast wtwk. irlo.'m'i hnl.'s tin*

week, and

gnard against yellow lever, have been mostly removed, and the
reoanily Isolated seclions aro again taking moderate quantities of
goods.
in

1878.

1)7,8W

prarloiu
ing tho ti>t«l
haliw, aK^inst

bftkw three we.'
receipts since the Ist of Septninbi-r
733,374 bales for the same period of 1'. ..
September 1, ISTC. of 373.0.91 bale.«. Ththl.s week (as per telegraph) and for tli.four proviou.s years are as follows:
149,

!.')8

—

''ajwifilnco

„-

weeks of

,

..Iptu for
:

,

Kecolpta this w'k at

1878.

1877.

1870.

1870.

1874.

50,008
14.707
28,808
102
27,106
17,021

04,280

48,245
12,720
22.070

34,»90

;

There was a material decline

1,

by our t«l<i|rniina
For the wwk nmllnir

Indloatfld

the same

but now business men seem inclined to act upon the
idM, and not content themselves with assertin;; it to each other.
The weather is seasonable, end this greall/ promotes many
branches of traJe. Quarantines, set up over vast sections to
b«en said

M

('HOP,

from thu South

Friday Niout, NovembBr

regarded as assuring

MovKMKNT or THE

TiiK

pork, lard, bacon, &:., but

some recovery towards the close, captrcially in lard, Tu-day,
pork was rather firmer on the spot, but at the close the bids for
!luture delivery wore, for old. $7 C5 for November and $7 70 for
^December, and for new, f S 75 for January and $8 80 for Feb-

New

Orlouna

10.011

MobUo

7.000
25,385

Charleston
Port Royal, dec

251
33,622
20,843

Galveston
1 ndianoUi, >&«
Teiuiessco, &c

383

500

847

677

2,514

8.833

0,419

7,200
24,053
3,033

8,150
391
7,222
33.109
1.970

157.280

177,336

201.901

Carolina
Norfolk
City Point, 4o
. .

1,022

20,775
24.452

11,014
18,746
1,332
31,003
13,417

884

Norm

week

30,309
3,173
21,167
22,000

7,782
3,501
7,902
20,404
6.270

Horldft

Total this

18,771

103

401

028

6,173
20.337

3,998
20.090
1,040

1.201

175,24

I

148,013

Lard declined to $G 20 for prime Western on the spot
Total since Sept. 1. 1,003,355 732,374 1,009,547 015,741 800,197
and $0 15 for November, but to-day cloaed at $0 2~i on the spot,
Tho exports for the week ending this evening reach a total of
23 for November, $8 30 for December, |0 37i for January,
1 15,047
bales, of which 0!),2}3 were to Great Britain. 12..5.M lo
Bacon ha^ been more active at 5}o. for France, and 33,3o9 to rest of the Continent, whiln thi> stocks
'and $0 43J for February.
[Western short clear. Novembsr delivery, here, and 4^0. tor long made up this evening are now 434,154 bales. Below are the
and there has stocks and exports for the week, and also for the corresponding
;ai>d short clear, December delivery, at the West
week of last season.
ibeen agood deal done in dry -salted shoulders for December deWeek
E.XPDRTEI) TO—
STOCK.
Total
Same
City hams, pickled and smoked,
'livery at the West at oi. per lb.
ending
this
Week
Great
ContiWestern
beef
continues
nomi- Nov. 1. Brltttlu. France. nent.
[have declined about Ic. a pound.
Week.
1877.
1878.
1877.
nal, but there has been a fair business in Philadelphia India mesa
N. Orl'ns
5.415
15,508
4,819
30.053 .52.039 110.854
5,214
Tallow has declined to 6|@6ic. Mobile..
jat abjut |18 503$19 per tierce.
....
4,154 14,177 25,174
....
Batter is barely steady, and cheese has de- Charl't'n
Tor prime ',o choice.
1,018
8,203
5,050
15,530
7,345 85,654 03,200
24.370
1.425 15.267
iaed to 8^S9ic. for prime to choice factories. A large sale of Savan'h.
41,008
16,105 100,266 63,734
Tuary.

^

M

;

1

1

1
I

ime

city steariuo

was made

Galv'fu-

at 7c.

Kentucky tobacco has been dull.
only GGO hhds., of which 550 were

The

sales for the

week

are

N. York.

and 100 for homo

NorfolkOther*..

Pricea are steady; lugs, 2fa5e., and leaf, 5}@12c.
aeed leaf, on the contrary, has been quite active for the season,

Tot. this

for export

consumption.

up 2,760

350 cases, 1877 crop,
'New England, 14J to 25c.; l,Gfl0 do., 1877 crop, Pennsylvania,
9 to IGic; 810 do., 1877 crop, Wisoouain, part at 6 to 7ie. Spanish
land sales foot

(tobacco also

SSce^l

more

and

sales are 1,030 bales

Havana

There have been fair sales of Rio coffees, the lower grades
iwing weakness and irregularity, while the better descriptions
wiih steadiuess; fair to prime cargoes
vi) maintained prices
auted at 15316ic. gold. Mild grades are steady, with late sales
<f 4,400
mats Java and 3,366 bags Maraciibo, in lots <or con<amption within our range; also, 3,240 bags St. Domingo, in
Uice and molasses have been rather quiet, but
transit to Europe.
,are quoted steady.
Kefined sugars have been dull and more or
lees easy
standard crushed Of o. Raw grades are barely steady,
;

Stock Oct.

1,

1873

.Receipts Bince
jales since

Oct

Slock Oct. SO, 1878
itock Oct. 31. 18T7

BtockNov.

1,

lb76

1,

137S

Fair to good refining

Cuba 7i@7|o.

12,555

2,548

13,338
14,783
5,704
0,110

33.259

115.017

•f....

77,314
45.374
17.830

9.606
8.730
5,870

25,.500

60,200
37.020
25,526
35,000

87.881 421.1154 421,108

Tot.slnce
Sept. 1. 318,682 29.0.53 84..107 432.842 232.010
* The exnorts ibis weiK uuder tbe uead of -otnur p(»rt«" lacloae. iroin Baltimore. 1,049 bales to llrci.cn; from Bobton. l.Si5 bales ti LiTerpoo! from PlillaielDtan. 000 balei to Lire pool; from WUm.ugtoo. 4.097 bale* to Llrerpool,
an<19j0io .vntwetp.

In adilition to above exports, our telegrams to-night also glre
us the following amounts of cotton on slu])board, not cleared, at
the ports named.
add also similar figures for New York,
which are prepared for our special use by Messrs. Carey, Yale &
Lambert. 60 Beaver street

We

On Shipboard,
Nov.

1,

AT—

Liverpool.

NewOrloans

5.300
3.874
20.000
15,179

Mobile

Savannah
Galveston

Boxes.

Ba^s.

H.llO
13.771
la.2i)
9.631

TJ.MOS
2i-i,Wi

H3,5«5

1,3'U
l,88i
1.77a

V2.M5

S0S.74-J

1.H9

14,918

7J,597

1,713

1.7ii5

159,:jt!5

have continued quite liberal rates in all instances are firm,
fand in several an advance is noted grain to Liverpool, by steam,
j3d.; cotton, 5-16d.; flour, 33. 6d.; bac.ju, 3o@378. 6d.; cheese, 45@
.47s. Cd.; grain to London, by steam, SJd.; do., by sail, 7iJ.;
fflour, is. 01.; grain to Glasgow, by steam, Od.; do. to Bristol, by
;

;

not cleared—for

Other

Coast-

France. Forel>?n

0,250

500
5,200
5,301

15,000
3,000
15,000
0,711

Leaving

wise.

Total.

None.

20.730
8,974
49,200
20,057

1,500
3,000
1,863

Stock.

25,250
0,303
57,066
43,297

Not reo

Melado

Hhda.
.W,i73
!W,!S9
31,479
5.,»88
M.4,-1
18,457

The demands for ocean freight room, both by berth and char,ler,

09.233

4,580

:

at

10.

under a continued dullness.

2.019
2,044

follows:

cases, as

active,

week..

0.139
12,739
5,704
6.562

135.876
0.36;i 113.«t<1
17.254 .39.711
lucliuled In tliis amount tliero are
bales at i'reiwcn for foroixn
porti. the destinatlnii o( which wo cannot learn.
Total

50.553

From the foregoing statement
with the corresponding week of

it

compared

will bo se«n that,

last season, there is

an tnersoM

In the exports this week of 27,166 bales, while the stocks to-night
are 3,956 bales myrd than they were at this time a year ago. The
following is our usual table showing the movement of cotton At
all tho ports from Sept. 1 to Oct. 25. tho latest mail dates:

KECEIKTS SIXCE
Ports.

SKIT.

1878.

1.

1877.

EXPORTBD 8IXCE
Great

.

SKIT. 1

TO-

nthm^

Britain. France. Foreign

Stook.
Total.

Havre, 5@5s. 7id.per qr.;
32.527 40.071
23.511
1,909
5,107
74.148 108.459
N.Orliis
Havre or Antwerp, 53. Od.; do. to Cork for orders, 6j. do. MobUo.
0.0SO 11.324
50.803
0.680
29.865
40.991 70,807
tto Oporto, 19c. par bushel; naphtha to Liverpool, 4?.; refined
6,922 17,878
90,992
23.181
Cliar'n* 171.G75
OJ.C97 1 10,101
39.524
1,2.50 22.923
.•petroleum to Cork for orders, 4s. Gd.; do. to Oporto, Ss.; do. to the Sav'h.. 247.254 122,080
21,207 68.043
1.572
3,087
89.287
19.608
140,092
Galv.*
tCnited Kingdom, 48.
71,514 40,003
732
3.354
67,058
14.331
1,817
N.York
*
The basiness in naval stores has been of little importance, yet
610
5,013
Florida
spirits turpentine N. Car.
iprices in the main have remained steady
11,297 11.8S0
11,287
33.103
22,962
25.449 31.800
25,449
64,037
Icloslna; at 28J'a39c., and common to good strained rosin $1 37 i@
Norrk* 112,374
4,112
33.363 17,900
28.251
4.335
13.285
1431. Petroleum has continued dull and wholly nominal, the Other..
240.449 17,099; i>1.248 317.795 416.308
tone at the Creek and tbe absence of an export demand placing Thlsyr. 848,075
the market in a very unsatisfactory position
crude, in balk, 5c.,
555.038 136.491 10.065 17..573 165.020 .364.312
Lastyr.
and refined, in bbU., at O^c. Ingot copper has remained steady,
tonacr tho ne»4 of CAiirHMon la InoiuJea Pori rto/.l. •o.i unil»r ttta ,kM4 el
OaliiSMn it iacla4ol ladtanola. *c.; uaUer ttia tiiMil ol JTorfiilt U laelad«4 a«»
.with 209,000 Ib,^ sold at 151q. ara?8 seeds are steadier at 6i@ Folnt. «c.
7ic. per lb. for clover, and |1 15@1 20 per bush for timothy.
These ipa^ retnma do not correspond prqcisoly with the total
'sail,

8d.; flour, by steam, Ss.; grain to

jdo. to

;

;

;

'•'

.

.
.

THE

46 i

.

:

CHIiO:Nl(JLE.

of the telegraphic figures, because in preparing them it is always
necessary to incorporate every correction made at the ports.
Cotton on the spot has, until to-day, continued to decline. On
Wednesday quotations were reduced to 9|c for middling uplands,
the lowest figure since late in the autumn of 1860, and there
were in the morning sales at 9ic. There has been a moderate

demand

for consumption, and something has been done in transit;
but transactions for export were limited, and in the aggregate
the volume of business in spots for the week is small. To-day,

however, there was a marked improvement, middling uplands
being quoted at 9 7-16c., or l-16c. better, with liberal sales for
export and in transitu. Futures declined rapidly until Wednesday morning, when were made the lowest figures of the week, of
the season, and since the organization of our Cotton Exchange,
as follows: October O'OG, Nov. 9-06, Dec. 9-15, Jan. 9-35, Feb.
9-34, March 9-44, April 9-.54, May 9-65, June 974 and July 984.
There was but one cause for this decline, and that was the unfavorable financial and mercantile intelligence from Europe. Other
circumstances seemed to favor a recovery; the movement of the
crop was considerably smaller than last year, and wet weather
was reported on Change, calculated to delay picking and injure
cotton in th« fields.
Besides, the extreme low range of values
was calculated to stimulate speculative action. On Wednesday,
therefore, with less discouraging accounts from Liverpool, there
was a complete recovery from the early decline, and on Thursday
a buoyant opening, the advance on the second call from the lowest figures of Wednesday being from 36 to 30 points.
Then,
under sales to realize a portion of the advance was lost. But
to-day there was renewed activity and buoyancy, with a further
advance of|23@37 points, and but slightly lower than last Friday,
except for November.
The total sales for forward delivery for the week are 530,400
bales, including
free on board.
For immediate delivery the
total sales foot up this week 7,718 bales, including 3.313 for export,
3,081 for consumption, 374 for speculation and 3,050 in transit.
Of
the above, 350 bales were to arrive. The following tables show
the official quotations and sales for each dav of the past week:

For December,
Bales.
1,900
2,600
l.OOO
1,500
2,300
2,700

Ha'es
1,200

915
918
917
9-H
919

200

108
1,300
K,500
3,800

900

9-26

927

600
1,600.

1,400

900
3,000
2,700
4,300
3,la00

800
2.800
1,900
4,500
1,100
4,700

9-28
9-z9

2,900...
2,600

9-30
9-31
9-32
9-3<
0'34
9-35
9-38
9-87
9-88
9-39

500
300

2600

9-41

2,700
13,800

9 42

1,000..

l,.-)00

6,300
2,200
3,400
3,800
2,100

AL.\BAMA, N. OELE'NS TEXAS.
Sat. inon Sat. inon Sat. :nou.

mon

^

Ordinary

lb.

7\

Strict Ordinary...

Good Ordinary. ..
Strict Good Old...

8lli(

758

7%

758

She

83,8
81*10
918

^>
8»i6

?.>
9^16

9'16
9»16
91a
9%,

89l6

9%

9

Ix>w Middling:

93,6

I^wMid....
Middling
Good Middling

Strict

Strict

9iS8

Middling Fair
Fair

9=8

91a

9%

Good Mid... 1018

9''8

10

lOSg
11'4

1013
1118

Tne8|lired
Ordinary

^

Strict Ordinary

lb.
.

7O16
8

7I9
71516
8'18

Good Ordiuaiv

81-3

Strict (ioodOrd...
IX)W Middlin.c
Strict Low Mid

8I618
918
9^4
9"l6
91116

Tl».
<p lb

Strict Ordinary...

Good Ordinary
Strict Good Ord...
Ix)w Middling
Strict

Low Mid

IOI3
1118

Taes

Wed

Til.

Frl.

713

79,6

79l8
8
8I3
815,8
913
9I4

If"
8^8
9>16

933
958
Strict Good Mid.-. 9^8
Middling Fair
1038
Fair
11

IH18 11

STAINED.

^

9'')8

Middling

85,8
813i6
9I4

91*1,

933

85i6
813i6
9I4

9''l6

9i'l8

9''l6

99l6

9%

0\

1018
1038
lO's

10

lHa

1133

10
IOI4

1018
1038
10T8
Ills

1014

10^

1034
1138

Taes Wed Tue« W^ed
7%

713l6
8I4

7i:i.

83)6
81116
913
95l8
9'16
9=8

8\
93l6
933
9I3

9"io

915i6 9 '8
10%
103i
1011
10=8
115,
1114

93,,

933
9-'
912
16
911
9'>8
1015,8 9''3
103.
1013
10Ui8 1058
III4

Xb

Frl.
71316
8I4
834
93,6

814
83,
93,6
933
91^

9%
9=18

?.>
9=8

7%
8I4
8%
9%

MARKET AND

83,6
8II16
913
95l8

73io 73,

Tb. Fri.

7%

8I4
834

83,6
H'lie

9%
95,6
97i6
953
9"8

91*,,

915,8

10%

103,,

1011,8 lOSg
11°16 III4

non Tnes Wed Th.

838
878
9I4

Low Middling

7-^3

scie

9 '8

911,6 9^8
915,6 10%
107,6 1058
111,6 III4

7-'8

lb.

938
9«18

311

815l6
9I9
9I4

Sat.

Good Ordinary
Strict Good Ordinary

9i"ie

83,0

8I3

9iie
93l6
933
9-'i6
953
S! i« 9"8
1038
107i8

Middling
Good Middling

719
71618
8^16

815i6
9I16
918
914
93l6
9fl6
9%
9iiie 953
9i5ie 9'8
107i8 1038
11't« 11

Frl.

1

7I3

10

1018
10'%
1114

7»16
8
8l3

9116
9^16
Middling
933
Good Middling.. .
9=8
Strict Good Mid... 915i6' 978
Middling Fair
107i6 10%
Fair
Il'l6 11

Ordinary

9

8_
8"l6

7''8

933

9 45
0-53

1,400

9M

l,4i.X(

9-55
9-58

1,400

8%

8%

858

858

9

9

Frl
83,8
811,6
91.8

Ex-

957
958

1,0<X)

9-69

1,000

100
41X1

900

2,.500

Sat.. Quiet, lower
Mon Easy, lower
Tues. Weak, lower
Wed. Very quict.lower
Thurs Firm

260
300
4

Firm, higher.... 1,398

400
344
929
340
614
454

2,313

3,081

.

Frl.

.

Total

101

250

For forward delivery, the

30

Deliv-

Sales.

eries.

690 45,300
900
644 75,000 1,100
963 60,900 1,000

"36

500
214
1,550

941 110,800
1,078 127,500
3,402 110,900

1,600
1,800
1,305

274 2,050 7,718 530,400 7,705

have reached during the week
530,400 bales (all middling or on the basis of middling), and the
following is a statement of the sales and prices:
For October.
CtA
Balu.
806
400
800
800

9-07
0-32

sales

For NoTember.
Bale?.
1,000

700
BOO

....
.

.

Bale!.

('t«,

100

(;t«.
fi-2«

906

Bales.
1,500

500
400

9-27
9-28

1,000

929
9H0

600
900
100

8-07
9*0U

400. ... ....

910

500
400

300
400

9' 13

914

1,500
1,400

922

BOO
200
BOO
400

1,«)0.

.

.

....

800
600

1100
1,700
1,400

800

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

9-23
^Id*
\)ta

3,900
l.HOO
2CX)

400
890

929
9-30
9-31
9-32
9-33
9-31
9-35
9-38
9-37
9-38
9-39
9-40
9-41

700
10,400.,..

8,400
3,800
2,300
1,400
4,ri00

1,800
4,000
4,200
3,900

4,^00
6,700
7.500
6,400
4.500
7,700
6,000
8,100
7,300
12,800
4,800

2011

100

9-3,

933
9-33
9;!4
V-3R
9-42

043
9-44
9-47

1,000
200...
400....
SOO....
700....
100....
100....,

,

rt".
9-48
9-40
9-50
9-51
9-53
9-53
9-55

856
957
9'6S

9B0

800

.

1.600
1,100
3,900
2,100
1,500
1,300

9r/
9-78
9-79
9-80
9-81
9-82
9-88
9-84
9-8 i
9-87
9-88
9-89
9-90

400
1,700
1,400
700.,
400...

700

..

IIX)..,

942

5(X(,...

9-4:5

100...

,

,

400,.
100..
100,,
IIX).
500..
400..

9-53
9-53
9-54
9-5o

,

.

1,600

9-,s9

9-f!4
1I-65

2,000..
300..

9-86
9-67
9-88

600..
100..
500..

1,300
1,100

9 50

995

100

1001

1,400

400
600
200
400

9-89
9-90

22,900

300
700
500
300

991
0-93
9-94

9-96
9-87
10-03

10-05
10-07
10-08
10-10

700
400

988

9m
9-94

1,800..
1,209.. ;.';;

2,300
1,100
4,700

9-90
0-91
8-92

,

1;M0

lo-U
1012
10-13
10-14
10-lB
10-18

For June.
200
500
700
800
200
100
5»0

1000

9M
9-55

9-70
9-74

979
9-K7
9-88

989
9-«0
9-94
9-95

1,100

100
100

963
9B3

1,000

SIX).

9-64
9-8i

300

9-69

1,3IX)

.,1IWX)

200
500
600
500
400
3U0

1001

100..
700..
400.,
500.,
4'0..

100
300

100

9 87
9-68

989
70
9-71
9-74
9-75
lf78

,

908

10112
10-03
10-04
10-05
10-08

9-78

100
200
200
100

9- SO

10,400

1,500

9-81
9-82
9-83

5110

fl-m

600

9-.-!4

987

2,400
1:700
1,000
1,300

9-85
9-88
9-87
9-93
9-94

300
100
300
400
200
800

600..
600..
BOO..

977

Too..

10-17

10 18

1019
10-23

300..
1 300...

...

400
300

600
100

For July,

908
9-93
9-99
H-W)
10-00
in-oi
10-01
10-03
10-05
10-10

100,

100
2,400
8nn
600
1,400

300
100
200
400
700

I

9-51
I

9-.'53

I

9-54

!

9-6o
9 68
9-83
0-70
9-75
9-78

1,400

I

990
991
9-92

»(«
9-93

1,000

lllttO

200
500

1001

900

10-08
10-10
10-11

2IX)

10-U

400
200
400
100
800
800

10-ra

300....

For May.

,

'

9-88

7il0
1
I

23,700
0-44
9-46
9-46
9-4S

D-83

9-70
9-72
9-73

IIX)
IIX)

,

985

9 69

9-77
9-81
9-82
9-83
9-84
9-88
9-87

April.

9-84
(,.88

200
400
800
400

For

980

v.":

400
800
500

9-75

800..
400..

Ctn.
9-78

...

9-61
9-63

43,000

For March.

Ool

100

97B

200
300

1,700.,,

9o9
980

....

200..

974

56,500
2,100

1,100..

600
900

400
100

9T3

800

."ilX).

9-56
9-57
9-5S

1,900

1,300

9 42

5IH>

.

400

9-35
9-36
9-39
9-40

1,100
1,100

.

600....
'600 ...
1,500

980

Bale>.

9-.-5

800

9-78
9*79

9-75
9-76

ct=.
.

1,000....

977

1,000
3,000

9-44
9'45
9-48
9-47
9-48
9-49
9-50

6900

.

9-54
9-55
9-56
9-57
9-58
9-59
9-60
9-lU
9-63
9-03
9-64
9'65
9-66
9-72

3.500

1,100
2,300

100...,

9-,53

1,100
2,900
1,700
2,100
1,700
1,000
1,300
2.100

9-25
9.28
9-27
9-28

3,500
3,900

9KH

9-43
9-44
9-45
9-46
9-47
9-48
9-49
9-50
9 61
«iJ3

700

For January.

|.

1<H»
10-59
10-29

'

I0-!i0

10-31
10-31
lo-ar

IIX)

1,000
9,500

The following exchanges have been made during the week:
-40 pd. to exch. 300 Oct. for

The following

Mar.

I

-10 pd. to exch. 100

Dec. for Jan.

show the

closing prices bid and a.sked for
future delivery and the tone of the market, at 3 o'clock P. M.,
on each day in the past week:
will

MIDDLING UPLANDS— AMERICAX CLASSIFICATION.
Sat'day. ITIond'y T'sday.

Market- Lower.
£ia.

Lower.

Auk

Bid.

Lower.

A'k. Bid.

Ask.

9-49®50 9-35® 37 9-20® 9-47®48 9-34®35 9-17®18
Decemb'r 9-57'a> — 9'44® — 9-28® —
9-66-3)67 9-54® — 9-38®39
January.
February 9-77® — 9'65®06 9-48 ®49
9-.87®88 9-76® — 9-58® —
March
April
9-97-S)98 9-86S87 9-68®69
May
10-05S06 9-97® — 9-76® —
10-15® — 1005®06 9-85®86
June
10-23®25 10-14®16 9-94®95
July
October..
Nov'mb'r.

.

.

Tr. orders . 9-50
Closed- * Eaay.

Gold
Exch'nge

Con- 8peo-Transump, ul't'n sit. Total,

port.

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

400

SALES.

SALES op SPOT AND TRANSIT.

BPOT MARKET
CLOSED.

....

9%
91I16
915i6
103,8
101 1 16
115i6

753

711,0
83,8
811,6
91,8

...

800
300
600
400

9'61
9-82

..

9ii2

700
800

For Fcbruarv.
934

1,200
3,700

9B0

500

Bales.
2.200

217,800

3(XI

4.200
4.700
1,100

rt>.
9-60

9'64
9-63
9-66
9-87
.... 9-68
.... 9-89
.... 9-70
... 9'71
.... 9-73
... «-73
.... 9-74
.... 9-78
....
...
....
....

1,200

9-43
9-44

2,900
1,100
2,300
4,000
1,500

.

2,100

9 40

7,700..

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

2,500
3,0»0
9,400
5,400
11,800
9,800
f,100

9-l!5

2.001)

....

1,800
4,400
3,500

9-20
9-22
9-23
9-24

XXVn.

[Vol.

cts.

—

UPL.'iNDS.
Baturday, Oct. 2G,
to Friday, Nov. 1. Sat.

.

10038
4-80

9-40
Steady.

Weak.

10038
4-80

4-8012

9-20

10038

Wed.
Variable.
Bid.

Aik.

9-16®19
9-19® 9-29®30
9-39® —
9-48®49
9-59®60
9-69®70
9-79®80
9-89®90

Tburs. Friday.
E.xcited.
Bid.

Ask.

9 -27® 28

Btioyiint.
Bid.

Ask.

9'52®.'>4

9-39®40 9-64®05
9-49®50 9-75®76
9-60® — 9-86S87
9-70 S)71

9-973-

9-80®81 10-06307
9-90®91 10-17® —
10-01 «0-JU0-25®27
9-96 ®98 10-10»12 10;53®35
9-20
FiruL

10038
4-81

9-30
Strong.

9-60
Firm.

100 14

100>4
4-81

4-81

The Visible Supply of Cotton, as made up by cable and
telegraph, is as follows.
The Continental stocks are" the figures
of last Saturday, but the totals for Great Britain and the afloat
for the Continent are this week's returns, and consequently
brought down to Thursday evening; hence, to make the totals
the complete figures for to-night (Nov. 1), we add the item of
exports from the United States, including in It the exports of
Friday only
1878.

Stock at Liverpool
Stock at London

1877.

1876.

1875.

302.000
31,250

406,000
27,000

474.000

333,250
120,000
1,500
7,730
4,500
23,750
33,250
7,000
Stock at Antwerp
3,250
Stock at other contl'ntal ports.
8,750

433,000
160,000
7,000
44,000
11,000
43,000
31,000
9,000
5,000
8,250

506.250
170,750
4,000
50,000
9,000
47.000
53,000
12,750
13.750
13,000

659,750
190,500

376,750

Total Greivt Britain stock
Stock at Havre
81 ock at Maracillea
Stock at Barcelona
Stock at Ilambui-g
Stock at Bremen
Stock at Amsterdam
Stock at Kotterdam

32,-250

596,000
63,750

3,000
58,000
15.500
30,500
54,000
12,000
6,250
7,000

Total continental ports.

209,750

318,250

373,250

Total European stocks..

543,000

751,250

830,500 1,036,500

25,100
\

^ovKMUBR 3,

THE CHRONK^LK

1878.]

1S7H.

1970.

1R7.^.

forEuro))(\

ll)-l.i)0O

40.000

200.000

for lOiir'po
,atlt for K'r'i>o
states ]Htrts ..

•JTD.OOO

IT'J.OIM)

2I0,(N>0
ITS. 000

1. 1)01)

•JO.OOO

2i:i.ooo
to.ooo

ilirit

limit,

Ami.

'J

111177.

;ii).ooo

IJl.lDS

(U2,:i.-.(i

•lM7,.'ll!)

.

rt-.i.T.i I

«0.i7;t

7 1.^72

liO.OIIO

\portrt to-(hiy..

21.000

.'i.OOO

H.ooo

1!),000

I

ii'i-ior

Ht."
.

ports.

.

vlKlblomiiiply.lmliw.l.HO.HH.S l,-l78.Gil 2.095,728 2.030,1)4!)
tlio totals o( Aiuorlciiu aiitt other doacrlptlong are iw

Totiil

Of tlio nbovo.
foUnwM
:

American—
-'o.
Uv».1

1.11,000
1.59,000

It

rk.s

Con:

270,000

Uliii

to Eiirouo....
ick

424,1,54

Unit

ilorlor stocks..

.53, 734

Uiii:

^l>ort«to-ilay..

21,000

!

173,000
231,000
172,000
421.1US
60,173
5,000

100,000
245,000
243.000
042.356
7l,S72
8.000

208.000
162,000
178,000
487,549
60,900
19,000

.bnlo8.1,078,988 1,002,371 1,370,228 1,124,449
Total .\tinirioan.
Kast Imlinn, Brazil, <tc.—
151.000
233.000 314,000
Uvcrpool stock
383.000
31,250
27.000
32,250
IxmiloM Hlook
63.750
80,750
87,2.50
t'outliioiital stocks
128,250 214.7.50
108,000
40,000 200.000
India iilloat for Europe
210.000
21 ,000
«»,000
40,000
39,000
Egypt, Brazil, Ac, afloat

*0

Total East India,
lotal Amorican

362.000

416,2.50

715,500

916,500

1,078,883 1,062,371 1,370,228 1,124,440

Total vislblo supply
1,440,8S8 1,478,(521 2,035,728 2,039,949
5l'iflil.
O^H.
Price .Mkl. Upl., Liverpool....
e'Sioil.
6'i8<l.

Tlioso figures indicate a decrease in the cotton in sight to-night
of 87.733 bales as compared with tlie same date of 1877, a
leeretise of 644,840 bales as compared with the corresponding date
)f 187(1,

and a decrease of 599,061 bales as compared with 1875.

At the Interior Ports the movement — that

is the receipts
ind sliipinents for the week, and stocks to-night, and for the
iwrresponding week of 1877 is set out in detail in the following

—

•ntement:

Week ending Nov
Receipts Shipm'ts
iogusta,

Ga

11,042
3,885
3,712
4,454
3,727
5,134
1,705

9,316
4,106
3,112
4,129
3,409

.

1, '78.

Stock.

10,152
5.676
7,459
10,070
6,561
10,000
3,816

Week ending Nov.

2, '77.

Receipts Shipm'ts Stock.

11,018
3,810
4,831
4,836
4,309
19,031
1,875

5,622
2,647
2,224
3.241
3,787
12,314
1,993

10,2.57

465

Indianoln, iToj-aj.— Knln ha« fallen on two dayfi of th« WMk,
the rainfall reaching ten hundrixUlis of an inch, but not eiKmgh
to

do mucli

g(>o<l,

and we ar« nomllnff moro hadly.

making

I'irklair la

M

fine progrusa.
Tlio tli(innoin«U'r ban ranged from
to
averaging Il7. Wo have had a rainfall during tbn month of
October of one inch and twelve hundredths.
Corticanii, Texnu.—We have Imd sliowers on two days the pest
week, with a rainfall of one inch and thr»te hnndrfdlhs. W»
have had a frost, but not a killing frost. Picking U progroaslng
rapidly, but a great deal of cotton is falling to the Kround!
Average thermomc^tor 33, higluwt 80 and lowest 40. The rainfftU
for the past month is four and seven hundredths inches.
Dallai, TVjrt*.— There has l)cen rain (showers) on two days of
the week 1u8t closed, the rainfall reaching one inch.
Picking ia
being pushed rapidly, but much is being waated. Wn have bad
a frost this week, but not a killing frost. The thennometor baa
averaged 53, with an extreme range of 40 and 80. There has been
a rainfall during the month of October of four inches and twentyfive hundredths.
Jirenham, Texru.- It has not rained hern during the past wedc,
and it is needed badly for general purposes. Picking Is proceeding, buf the fields are still white.
Average thermometer 01,
highest 79 and lowest 45. 'i'he rainfall for October Is one inch
and eiglity hundredths.
New Orleans, Louisiana. It has not rained bore daring the
past week.
The thermometer has averaged 57.
Shreveport, Louisiana. Cotton picking is progressing nnder
favorable conditions, and probably as much as 75 per cent of the
crop in this section has been gathered. Extra pickers are being
discharged. We had a heavy frost this (Friday) morning. Average thermometer 59, highest 81 and lowest 38. The rainfall for
the week is seventy-two hundredths of an inch, and for the month
of October one inch and sixty-six liundredths.
Viekslnirg, MUnssippi.
Telegram not received.
Columbus, Mississippi. The rainfall for the week is one Inch
and ten hundredths. We had a killing frost this morning.
Picking will be completed in tliis section by the 15th of the

84,

—

—

—
—

month.

—

Arkansas. We had light showers on Friday and
but the remainder of the week has been clear and
frosty.
The thermometer has averaged 4S during the week, the
5,261
569
21,503 higliest point touched having been 75, and the lowest 30; for the
701
The rainfall
1,122 month the range was 80 to 84, and the average 46.
during the week has been thirteen hundredths of an inch, and
25,342 53,734
Total, old iwrts. 33,659
49,703 31,828 60,173
for the month of October three inches and thirty-two hundredths.
NashviUe, Tennessee. It has rained on three days the past
paUas. Texas....
1,150
1„546
1,167
901
818
1,187
fefferaon, Tex. ..
673
463
990
800
795
900 week, the rainfall reaching fifty-four hundredths of an inch.
ftreveport, La ..
2,286
1,406
4,970
3.674
4,627
2,737 The thermometer has averaged 50, the extreme range having
r'ickjiburK, Miss
....
33
5,042
3.964
3,865
Columhus, Miss..
837
283
2,423
1,194
638
2,104 been 41 and .59.
Eitfaula, Ala
3.536
3,653
1,516
2,000
1,969
Memphis, Tennessee. Telegram not received.
2,800
irlfflu, Ga
2.2til
1,816
2,133
1,672
1,079
1,748
MobUe, Alabama. Rain has fallen on one day the past week,conitlanta, Ga
3,016
2,701
6,469
4.041
7,687
10,312
iome, <ra
3, .526
3,743
3,498
3,516
2,294
2,510 stantly, and it has been showery one day; but as the week closes
We had a
Charlotte, N. C2.100
2,081
500
2,879
2,598
1,350 there has been a favorable change in the weather.
It. Louis, Mo
23,209 16,358 35,442
10,563
9,505 13,423 killing frost on Thursday night.
Picking is progressing finely.
^oinnati, O
9,309
9,023
2,104
4,468
4,503
2,705 The tliermometer has averaged 61, the extreme range being 48
Total, new p'rts 51,903
43,073 61,300
44,396 36,831 45,611 and 79. The rainfall has been for the week one inch and twelve
hundredths, and for the month four inches and eighty-four
Total, aU
85,562 68,415 115,034
94,099 63.6.59 105.314 hundredths.
BstiiuateU.
Montgomery, Alabama. It has rained dnring the week on two
rhe above totals show that the old interior stocks have
days, the rainfall reaching two inches and eighteen hundredths;
reaped during the week 8,317 bales, and are to-night 6,439 and there was a killing frost last night. Average thermometer
«lea leu than at the same period last year.
The receipts at the 57, higliest 78 and lowest 41. There has been a rainfall during
ame towns have been 16,044 bales less than the same week last the month of October of three inches and forty-nine hundredths.
ear.
Selma, Alabamn. It has rained dnring the week on two days.
Keceipts from THE Plaxtatioss. Referring to our remarks We have had killing frosts on two nights, and ice formed in this
1 a previous issue for an explanation of this table, we now bring
vicinity on one night.
le figures down one week later, closing to-night:
Madison, Florida. Telegram not received.
RBCBIPT3 7ROX PLANTATIONS.
Macon, Georgia. Telegram not received.
Columbus, Georgia. It has rained on one day of the week, the
Receipts
from
at
the
Ports.
Stock
at
Inter'r
Ports
Rec'pts
Plant'ne.
Veek
rainfall reaching forty-eight hundredths of an inch, and we have
l!)7«.
lorr.
1S78.
1877.
1876.
1878.
1876.
1877.
1878.
had a killing frost on one night. The thermometer has averaged
The rainfall for th*) month of October is two inches and
60.
,•«.
6,153
2,601
3,6n 41.3r-.i 22.472 11,00.)
374
2,119
eighty-two hundredths.
9.
6,871
2,102
8,069
83,18- 21,574
8,346
1,204
410
Savannah, Georgia.— lUia has fallen on two days, but the
18.
4,fi57
7.39J
1,73.1
6,-238
28,877 19,118
1,065
....
2,549
remainder of the week has been pleasant. We had a heavy
SJ.
7,151
8,611
6,699
23,691 17,60)
6,999
1,126
1,965
6.460
Average thermometer during the
white frost tliis morning.
ai.
H,ST8 4.335
18,781
81,621 16,278
6,593
8.013 15,784
11,214
week 64, highest 78 and lowest 45. The rainfall has reached
PtO.
19,73-i
20,7«l 16,149
5.8S5
26.750
s.Bai 26,760
9,979
18.866
fifty -six hundredths of an inch.
18.
41.457 12,109
47,431
23,131 16,272 18,971
41.457 11.932 47,431
Augusta, Georgia.— We have had light rain on two days, the
*.
6^,998 28,S4.-.
71,355
23,901 15,104 26.377
62,998 21,17; 74.355
balance of the week having been pleasant. Accounts are good.
sr.
96,84.) 43,1-28
98,863
38,837 20,510 37,812
95,845 43.128 98,863
Picking is progressing finely, and planters are sending their crop
•..
i.
1SJ,199 70,010
130,990
57,043 29,720 47,203
122,199 70,040 130,990
'rhe thermometer has averaged 60, the exto market freely,
11.
136,074 109,304
118,159
72,277 41,891 69,823
136,074 109,261 118,158
treme range having been 42 and 77. There has been a rainfall
1'.
15J,8-» 135,054
160,23:1
84,871 58,74? 79,597
152,820 135,054 160,233
this week of forty-two hundredths of an inch, and during the
». 174,617 157,609 162,236 103,774 50,374 97,S87
174,61! 157,e09 162.236
past month'one inch and thirty-nine hundredths. Roads are good.
'V.l.
201,901 177,336
157,280 123,65S 105.814 115,034
201,901 177,336 167,280
Charleston, South Carolina.— We have had light showers on
tah_ I.fl46,49(' 746,'OT 1.039,17«
one day this week, the rainfall reaching five hundredths of an
1.021,418 736,763 1032648
The thermometer has ranged from 44 to 73, averaging 03.
rhis statement shows us that the receipts at the ports the past inch.
The following statement we have also received by telegraph,
•ok were 157.230 bales, received entirely from plantations.
showing the height of the rivers at the poiiite named at 3 o'clock
it year
L'»iiiniliu8,Ga

Macon. G»
MontKoinery, Ala
Jelma. Ala
^eiupliii^. Tenn..
SashvlUe,Teuu..

7,394
6,837

Little Rock,

Tuesday

last,

7,7i)9

—

.

—

—

—

—

—

—

—

—

•

'

the receipts from the plantations for the same

week

re 177.336 bales, and for 1876 they were 301,904 bales.
Weathbs Reports by Telegraph.—There has been some
the past week in many sections of the South, but nothing
Sain
materially interfere with picking operations.
Frost is reported
a number of districts additional to those reporting last week.
Oalve»ton. I'cjroji.—H has rained hard on four days this week,
he rainfall reacliing three inches and forty-two
hundredths. The
•-tn was very welcome,
as it had become very dry.
Picking is
|ing on finely.
Average thermometer 63, highest 80 and lowest
I'.
The rainfall for the month of October la three inches and
evenly. five hundredths.

Oct. 31.

1878.

We

give last year's

figuroii

'=°'°P'^'^°=

jNov.

1,

1877) for

KOT.I.TT.
Oct. 31, -78.
Feet tatk.
Feet. Inch.
3
Below high-water mark . 13
IJ
S
mark...
*
»
Above low- water
Memphis
f
f
Above low-water mark...
Nashville
J
2
,J
5
mark...
Above low-water
4
3
Shreveport
iJi^i.MlaslDg.
Above low-nator mark... Musing.
Vicksburu
New Orleans reported below high-water mark of 1871 until
Sept. 9, 1874, when the aero of gauge was changed to high-watat
mark of April 15 and 16. 1874, which Is O-lOths of a foot abora
1871, or 10 feet above low-water mark at that point.

New

Orleans

.

1

1

.

THE (CHRONICLE

466

Comparative Port Receipts and Daily Crop Movement. —
of the port movement by weeks ia not accurate,
as the weeks in different yars do not end on the same day of the
Wo have conf qn ntly added to our other standirg
month.
tables a daily and moo hlf statement, that the reader may con-

A comparison

stantly have before him tie data f«r seeing the exact relati\e
First we give the receipts st
for the yesia named.
eich port each day of the week ending to-night.

movement

PORT RECEIPTS FROM 8ATORDAT. OCT.
D'ys New
Or-

of

we'k leans.
721
2,040
5,385

Sat..

Hon

Mo-

730 4,670
3,017

Wed

790

133
543

That

5.161
2,514

1.279
1,947

Tues

Fri..

Tot.. 16,611

Savan- Galnah. vcst'n.

CliarlestoD.

bile.

3,432
4,401
4,351
5,427
3,104

5,827
0,707
5,646
4,616
4,935

4,577
9,651
1,694
4.281

5,891

3,068

3..572

Wll-

Nor-

ming-

folk.

toii.

3,766
3,514
3,711
3,851
3,554
2,068

7,669 25,385 33,622 26,843 20,464

The movement each month

647
2,443
1,849

731
1,120

597

All
others.

Total.

22,739
32,576
24,930
21,942
27,824
27,243

1,801
1,773
2,117
2,779
2.776
8,054

since Sept. 1 has been as follows:

1876.

1877.

1878.

1, '78.

7,380 19,300 157.280

Year Beginning September

Monthly
Keceipts.

TO FRIDAY. XOV.

26, '78,

1873.

1.

1874.

1873.

288,848
689,264

95,272
583,687

236,868
675,200

169,077
010,316

134,376
536,908

115,255
353,323

Tot. year.
978,112
Pero'tage of tot. port

678,959

912,128

779,393

671,344

470,57i

Bept'mb'r
October.

22-59

15-62

18-59

19-20

1878.

3....
4....

" 5....
" 6....
" 7....
" 8....
" 9....
" 10....

"

11....

" 12....
" 13...
" 14...
" 15....
" 16....

"

17....

"18....
"19....
"20....
"21....

"

22.;..

" 23....
" 24....
" 25...
•'

26....
27....

"
"28....
" 29 ...
"80....

"

31*...

Total..

Nov.

..

1....

Total

1876.

1877.

95,272
13,941
9,741
12,179
10,720
12,903
10,210

288,848
23,599
23,283
17,537
24,181
22,862
8.

25,800
24,369
24,966
22,539
27,622
25,343

236,868
8.

30,714
15,621
19,854
19,197
22,115
19,247

8.

18,609
21.523
19,304
18.399
21,302
14,875

S.

26,402
29,014
27,764
20,549
31,161
22,510

8.

32,049

S.

35,142
21,081
20,815
21,359
23,632
21,673

S.

34,634
22,873
23,157
25,275
33,787
22,759
8.

19,503
20,116
15,078
16,384
19,445
17,384
8.

32.312
21,822
20,576
20,518
25,171
19,629

38,513
21,034
27,821
24,796
21,843
26,617

30,656
27,174
26,606
22,098
29,489
27,118

8.

20,722
18,950
20,348
19,812
8.

8.

1875.

169.077
14,531
12,096

24,,533

S.

38,824
25,325
23,574
29,176
28,764
28,715

S.

28,753
25,981
23,463
22,054
27,825
20,782
8.

43,015
30.784
21,477

1874.

1873.

134,376
10,714

115,255
7,501
7,989
6,452
5,702

10,51)
12,251
8.

17,584
17,743
14,766
14,416
18,207
14,587
8.

779,393

071,344

940,247

798,004

978,112
27,243

678,959
31,773

1,005,355

710,732

S.

32,532

27,84,'

18,611

8.

16-35

f

23-2.8

19-0

i

Bhlpmenta

and

all

so clearly stated that one

have nothing

to

Brit'n.

1878
1877
1876

very wiselj

is

week

this

_
Total.
.

Shipments since

nent.

1.000

Great

,

Receipts.

.Tan. 1.

Continent.

Britain.

5,000:317,000 393,000
5,000379,000 410.000

5,000
4,000

This

Total.

710.000
795,000
944.000

383
4.0001 9,000 13,000l361,000 383,000

Since
Jan. 1.

Week.

4,000 874,00(
5,000 1,0 11, 00(
7,0O0!l.036,00(

the foregoing it would appear that, compared with lasi
bales in the week's ship
year, there has been an increase of
ments from Bombay to Europe, and that the total movemen
since January 1 shows a decrease in shipments of 85,000 bales
compared with the corresponding period of 1877.

—

Gunny Bags, BAooiNa. &c. Bagging has continued to rul(
quiet during the week, and we do not hear of a single transactioi
in a large way.
Trade is light and confined to small parcel,
Prices are ruling easy, and holders ar^
for jobbing wants.
quoting lOJc. for 1} lbs., lOJo. for '2 lbs., and lie. for standan^
qualities.
Butts are also ruling very quiet, and the sales for th
we-k are only 1,000 bales, for which 2|@3|c. cash and time wa
paid.
The market is ruling very steady, and holders are no
inclined to shade the above figures, at which the market closes;
There is very little inquiry to bo noted for parcels to arrive, anij
prices are unchanged.

The Expobts of Cotton from

Ne^w York

this

week showi

decrease, as compared with last week, the total reaching 14,78
bales, against 18,880 bales last week.
Below we give our usos
table showing the exports of cotton from New York, and thel
direction, for each of the last four weeks; also the total export
and direction since Sept. 1, 1378, and in the last column the totJ^
(or the same period of the previous year:
,

xportaotOotton(baIea)froinNetv York since SieDt.I, IST

Oct
Liverpool

year.

Oct.

23.

30.

15,927

17.507

11,1.S9

78..".97

1,600

2,100

1«,739

8;,CU7

49.8;;

345

2,014

2,776

9\
r,

345

2,044

2,7:6

1,01'

960

2,131

6';

"m

'4:3

Ml

],.?73

2,654

9.913

Hftyrf*

date.

Oct.

16.

600

Total to Gt. Britain

prev'o

Oct.

9.413

Other British Porta

Sami
periW

Total
to

15.927

I7,EC7

48,3.'

I,5i

Other Freuch ports

X*nLal ff^rftncb

Bremen and Hanover

i,ns

Hamburg

11

1,176

6,0-i

495,839

1303

finds

is

company

on), the

From

470,578
25,201

paln-Opoito^bQlbraltaratc
&11 otnere

Total Spain, &e

Grand Total
'

I0.-J68

impressed

j4on to and knowledge of the details of the business, as these

n.ins

IS.fSO

H.7S3

86,3

.'7

,

)

67,01;

are the receipts of cotton at New York, BostoiPhiladelphia and Baltimore for the past week, and since Sept. l,'7i

The following

BOaiOH.

lFan.ADZLP'U

BALTMOU!

aacB'ts moic

This
week.

nsw

Company, or, wo should rather
conceal.
Of course, such atten-

—

....

mnr tobs.
good

the Tennessee Manufacturing Company. Tuis organization held
Us seventh snnual meeting at Nashville, October 21, at which
was re«d the report of its secretary and treasurer, Mr. George M.
•Goodwin. It is seldom we have the pleasure of looking over a
mor6 admirable document. Every fact the stockholder wishes
•with the idea that the Nashville

later

|

24,251
16,058
19,072
16,299
11,035

Illustration to-day in the annual Btatement of the operations of

say, its ctiicfrs,

weep

to

—

8.

19-20

the South in cotton spinning

showing a production by

8.

The Tessebsee MANurACTtfBiNO Company.— The
i

mill has stopped this year
4,754 bales of cotton and

Bo."iBAY Shipments.
According to our cable despatch received
to-day, there have been
bales shipped from Bombay to
Great Britain the past week and 5,000 bales to the Continent
while the receipts at Bombay during this week have been 4,000
bales.
The movement since the Ist of January is as foUowg.
These figures are brought down to Thursd-ay, Oct. 31.

22,643
13,272
18,053
16,798
16,784
16,107

This statement shows that the receipts since Sept. 1 up to
to-night are now 394,()i3 bales more thanthey -were to the same
day of the mouth in 1877, and 65,108 bale's more than they
were to the same day of the month in 187G. We add to the la.st
table the percentages of total port receipts whiclt had been
received Nov 1. in each of the years named.

is there,

enough

Total to N. Europe.
671,344

not surprising, therefore,

The

buying new machinery and paying some o'd debts contractec
in the earlier days of tlie enterprise.
All this, it must be remem
bered, is wliat the officers are able to do bad years like tli<
present.
Can any one doubt the abundant success of such man
agement in years to come ?

10,981
15,905

S.

912,128
28,119

44^34

port ree ?tl)ts

know

(likely

15,57-2

28,164
21,432
20,034
23,207
23,876
13,523

It is

prospering.

each loom of 53 yards of cloth per day this year against 49 yards
last year, mainly due to the more ef ective working of the machinery. Ther.i has been a profit on the twelve months' businest
of 14 per cent on the capital stock.
Instead of dividing up tbis
money, however, to make the stockholders laugh for a few dayi

10,470
13,400
12,066

Peroentag e of total

to

is

cotton, producing 5,527 bales of goods;

S.

8.

24,746
20,415
18,011

34.194
31,020
27,924

8.

8.

8,708
8,040
7,611
8,609
11,814
8,131

27,582
20,714
18,726
18,542
20,751
16,319

34,318
21,071
19,415
22,106
29,145
18,701

32,570
24,930
21,942
27,824

J)rogress m.-king

company

three days (holidays), and consumed
produced 6,504 bales of goods, 1,000 yards each, against a etoppags
last year of nineteen days, and a consumption of 4,263 bales of

12-37

This statement shows that up to Nov. 1 the receipts at the
ports this year were 290,153 bales more than in 1877 and G5,981
bales more than at the same time in 1876. By adding to the
above totals to Nov, 1 the daily receipts since that time, we shall
be able to reach an exact comparison of the movement for the
diflerent years.

"
"

figures show, produce succes?.

that the

Great Conti-

receipts Oct. 31...

Tot. Sp.30
Oct. 1....
" 2....

[Vol XXVIL

Hew

Orleans..

Texas
Savannah

Sept.

1.

998

10.450

6,170

5-.,liC8

4,0-29

Hobile..
....
morirta
8'th Carolina
ertb Carolina.
yirglnla

'338

...,

284

5;,778

lo'.iis

"siii

s'.m

1,143

im
i/'si

6

8,S;iS

9.7B^
42.630

Horth'm Porte

ZU

1, 169

Ac

3.9-20

18,31.1

PennesBee,
Foreign

This Since This since Thif Slscr
week. Septl. week. Septl. week. Sept

Since

•3.3.

I'.aji

29,831

227.10C

Toi«l lut Tear.

2.S.270

~I347007

1

i,w
10,9-.

l.'Oli

lS,0t9
6,8B^
7

i',-ji-i

4^559

4,899

42,4.'.9

2,0JS

13.S-3S

4,974

36.1-'

s.m

31.900

1.10-,

fi..i-6

5.(tl5

10.19

648

Total this year

7:s-J

761
l,lf44

..4

—

.

THE CHRONICLE.

No%Tt!«Ditu 2, 1878.]

—

HBlPriNa Nrw«. The ezporta of cotton from the United
per Intett mail return*, have reached
week,
So far an the Southern porta are concerned, thea*
14 7U1 bales.
re the same exports reported hj telegraph, anil published in
With regard to New York, lie
'h« Chroniclb, last Friday.

m

tatea the paat

.
.

..

lolude the manifeata of all veaaela cleared

up

to

Wedneaday

week

'''"'"'^'

Spot.

467

'*'*'*

*'" *'""'

Satnrd'y.

"" **'"' ''»•'"«

''«•• »' eotloa

for tto

Monday. Tuesday. W«Min'ady|Tliond'y rrM*r.

Mid. npIMs ...»5I»I,
Uld. OrI'DS. ...vOH

5>
••e»u
.»

..»SII„

.9ti\
.»«»ia

«IV1S|«

FuUtrti,

These

Ivhtof this week.

sales

am

on the basis of Uplands, TiOw MlddUnc oUmu*. ontMs

Total ba'ea

Hatcrdat.

iwYonK -To

LiTerpool, p«r (teamers England, 1,9«J
Fcjrthi* ,I,3H
tvitlc, l,l6»....r«rthla. 3,851 ...Sicllr, MM....The queoa, l.TVJ
meamer
Hindoo.
per
1,6110
etc
I,
To IIu
Canada, 1,34^ ....
..
To Havre, por Dtcamcrs Su I.aurcDl, K'Mi
iw ORLKANS— To Liverpool, pur mra. Ulatortan, 6,71 1 .... Ariel, 9,9i5
ToU«»r«, per bir< Hirold, S,S5*
ToBrcmnn per 9lil|) Cieo|i»:r«, l,OH)
ogiu—T" Liverpool, per nhii) City of (lro>klvn. 6,^R0
Memlo,
uaattaTos— To Llveritool, per bdraa Wyre, 8,I9*» Upland
8.SUT Upland. ...James K;nway, 1,SJ6 Upland ...I'onuma, !(,450
.

Upland

11,189
1,«00
3,044

Delitery.

d.
.-ilSig^aSj,

Oct
Oet.-Nov

5»ja
3lg

Nov.. Deo
Doc. -Jan

7.S.1A

»,98l
I.IKH

^^'a

lUlinry.
rl.
Jan.-Feb
n^n***
Feli.-Mar
6'7ai» >s
.jTj

Oot

Oct.-Nov

Up and. ...per bark Jane,

ship Harmonia. 1.8S3

To Bremen, per bark A'am-), 9,093 Upland
To Amsterdam, per bark t'inzel, l.flM Upland.
To Aniwerp, per bark Deodxta, I.IWO Upland....;
To (itiiiil. per h irk Iri«, 1.670 Uplanl
twr
ivASN.ui— To Mverpool, per Kiearaer Athena, 5,8I.\ Upland
rhii« Southern KisliW, 8, IW Upland.... LiineFeunell, 3,180 Up.

Tn K

per eteamera Cr.milon,

val.

Upland

I>r.Hrrry.

Kkiinnentt.
Mov.-I>ec., u.nrop,

all

Oet.-NOT.
4,009
2,098
1,RS0
1.850
l.KJrt

Nov.-Doo

Nov.-Dco...
Dei^-Jun

Dec. Jan
o7ij
Juu.-Fob.
..'>1SS!J»*1«
Feb.-Mar.5>9i^lS33a7|g
Mar.- Apr
ota

Oct.-Nov
Jan.-PeU
April-May
Jan.-Feb

Up^und
n ncloiia, per«t»am«r Juana, 1 801 Uoland
;.ra, per stojm-.'r Juaua. (kW Upland

(

.•Ot

Liverpool, per barks Uerhcrt, 4.iiV2
Acdcr, l,4r0
6,111
re, per hriRs Valentine, 1.515 ... I. >!?.ie M. Merrill. 1,51*
La
uju.suiu.N— To Liverpool, p«r ban^s Jluth Topping, 1,33)
8,6:2
I'Uia.SiJ ..Hcinrlch Dircks, 1,350
OBTOLK— To Liverpool, per Bteamer* Circassla, 3,800 .. I'ropontlu,
5. "U4.... per ship John DeCoala, 6,790
14,791
ii-TiMOiu:— To Liverpool, per steamers Caspian, 1,099 ...West Indian,
811..

Oot

».f9S
1,856

837

.57],

114,781

The particulars of these shipments, arranged in our usual foru
- as follows:
Llver- Hull <fc
pool.
Cork. Havre,

York

ew

r,!<3-i

|Obile

1,580

larlestou.

9.8S!)

kTannah...
{XIS
ilmlngion

I'.MiS

brWk

14.791

9,044
S,55»

l,06:j

4,009

9/9S

8,450

1

blladolphi»

6,911

3,39«

1,960

8,450

9,900

..MI33

.n*M

Jan.-Pob
Ffb.-M.ir

.

51ls29°is
..53g9ll32

5%

May -June

!>^
5»iB

d.

d.

tarday.5 lH^ll-SJ
.9nd»y...'i-1«an--';
«e9day..S itmi-^
r.
^»,tM.„
,^^,, ,,
ed"day..5-lS.ailS!
.rs(l«y.vl6<Jll-.«
uy....i-ltid''l-4J

as follows:

.

.

X
K

-a

11-16
cp.
cp. -Hg-, 11-16
—©'-:«
11-16 cp.
_^|^ ,l_jrt gp _(JJl^
11-16 cp.
11-16 cp.

3i

—itH

e.

c.

c.

—©9

—ax
—©1

an

am

-®>i

a
a
K

a

comp.
comp.
comp.
cump.
comp.
comp.

X
^
fi

^
&i

%

comp.
c<imt>.

comp.
comp.
comp.
comp.

—
—
—
—
—
—

Nov. 1—3:31 P. M.— Br Cat.i.k Fno.M LiveblU— Estimated sales of the day were 10, (K)0 bales, of which
;'«>!) bales were for export and speculation.
Of to-day's sales
j700 bales were American.
The weekly movement is given as
Wlows:
:vKiii'ot)L,

Oot.
the

''of

week

(O

bales,

irters took'
•

-i'ei

ulators took..

iiAiuerlcan
irtof tho woelc
•

;

li

.\iueric,tn

.iiloiit

which American.

11.

51,000|
4,000.
40,0001

5,000
1,000
335,000
163,000
42,000
8,000
7,000
123,000
G3,000

Oct. 18.

40,000
2,000
36,000
8,000
1.000
301,000
141,000
18,000
14,000
6,000
170,000
111,000

55|6
S'i
5»g

."S"*!

57|,
iihipmetiU.
Oct.-Nov., n.c..sl.5»u
Nov.-Dec, n.crop,
sail
54i»
Nov.-Dec, n. crop,
ail
5»jj

Oct

Driirery.

Sl'iga-lsoaiSg

Nov

Maj-June

I>elitery.

Nov

•'>'''.'i3

Nov.-Dcc

.5-%

Jan.-Fftb

5 "a
.Vie
S'g

Fcb.-Mar
April-May

."J'^sg
5i»3-,j

Nov.-Dco
Duc-.fnu
Jan -Feb
Feb.-Mar

Dec-Jan

SlSjs

Fcb.-Mar

Feb.-Mar

,51°.^,

Mar.-.\prll

saaaiisa
.'j's

^"3337,g

51^

^^^M
.'>i3,j99|

3'ia<»i3]3

5^8
Delitery.

.51133

Nov

Z>elirery.

SSigoils^s'iraiJ

Nov.-Dec

S>3
Dec. -Jan
S'n
Jan.-Fub.57iga>l&.j3j(ig

!>>galT—
6»,g
5>a
5>»

Apr.-Muy
Feb.-Mar

Shipment.
Nov.-Dec, u.orop.,57iij

BREADSTUFFS.
Fan>4T.

P. M.,

Nov.

1,

1878.

market openel the week dull and depressed, some
inside prices being accepted for lines of low (grades; but latterly
there has bet-n pome improvement, and yesterday there was an
active demand for shipping extras at an advance of .'>@10c., several thousand bbls. being taken at |3 75@3 80 for Oreat Britain
and !^4 80g4 SH for the West Indies. Extremes of grades, low as
well as high, have been dull, and prices for these are somewhat
However, prodnction is smaller than last year, and
irregular.
Rye iliur and
millers regard the future with much confidence.
cornmeal were quiet. To-day, the market was rather stronger,

The

ll)ar

but less active.

—

The wheat market has been variable In tone and value.' latshowing name improvement on the more favorable advices

terlv

— —

—

.

Sail.

.5*

3"j»

114,5

Bremen.—. ,— Hambart;—
Havre.
Btoam. Sail.
Sail.
Steam. Ball. Steam.

Liverpool.

ateam.

Nov.-Dco. .
Dec.-Jaa. .
Jan.-Feb
June-July
Oct.-Nov

Nov.-Doc
Dec-Jnii
Mar.-Apr

Fridav.

»BiinAN,«tr.(Br.).Grnndv, at Liverpool, Oct. 11, from Boston, reports: Had
lijhi, variable winds and flue weather until Oct. 3. when. In lat. U:iO
N., Ion. 43 W., a northerly gale cpmm'inc od, increasing qnickly, and
riirioc: a iremendius sea.
On the 4th. auring tlio height of the gale, the
eb.p luoK .1 hi avy list to starboard, cattle Bitinss on deck were broken,
and the decks filed With the exception of deck ca tie flttinijs, the ship
su-taiued no dimixe. Th K. sailed J'.tih fo.- Bojton.
\. BAttSES, sir (l.Jji tons, of Sivannah). <;hccsman, from Sav.inmh. Oct.
The capUin states
19, liir Ne-.7 York, fonnderei in a late i;»'e Oct. 83.
that he encounterid a hurriciinc in Ion. 75 de?. llitteras. bearing about
CBHt by Bonih. At « o'clock mornins ihe iSd steamer was fast :;i.ing to
pieces from the fore hatch forward, and all hands took lo the boats. An
b'lur ana a h'lf Inter ihor elshtod ths scooner M. W. Drew, Capt.
Mahmcy. from New York, for Ja kionville, which ihey bwrded. The
Dren' bruni^ht lh;m t> Chirleston bar, where ihey were trnuii(.rred K>
the Whippoorwill. The stMmcr ••unli a sh jrt tims b.-foru no n. The
li R hai; on hoard B.iO hales cotton.
*T! op Texas. -V flie broke ont anamg 110 bnles of cotton ox steamer
8t»te of Texas, from (iiiveston, bolonstin? lo Waller Si Krohn, lying on
the bulkhetd b<tween piers 19 and so Uut Kiver, New Yjrk, Oct. SS,
and the cotton was badly scotched and damigJd by water.

.

5?-«

Thitrsdat.

give all news received to date of disasters to vessels
(Jiylog cotton from Uaited States ports, etc.:

week have been

Detieery.

Oct.-Nov...,

Dec-Jan

we

otton freights the pa.st

5»g

5»ig

..50b

Detiteri/.

S5G

4,800 11,091

ttav.-I}rf., n.crui>,
sail

6%

Oct

S'lgaii'a.j

S^igai'jjaia
Nov. -Dec
o'lo® ii>32
S'lgSiSsj
Deo.-Jan
Jan.-Feb. 5i333-*i«-i»32
Feb.-Mar
51ii3i®'l6

7S,530

5»iij

Nov.-Dco

Nov

3:J7

Tjt»:

•''''•'33

Oct.-Nov., n. crop,
anil
55g

Delieeni.

Nov
Below

33

Jan. -Fob.
April-May..

2,690

9,0!li
...

'

WEDsrauAT.

3,087

.

-'^ *

5l»33
Oct
Oct.-Nov.s^H-aiij.jaiOig

Oct.-Nov
Jnn.-Feb
Mar.-Apr
Fcb.-Mar

3,326

8,150

3,000

Shlpmenl:

...'»i':,...a»i8

Jrtu.-F«^l>

Velireri/.

Barcedam. Qhent.Reval.lona,itc. To'.

l,8i0

hH

,

3,6«

iltimore

Mlon

1,600

II, 1.19

Orleans..

Nov.-Dec.

DeUvery.

Oct

AntBre- Amst'r- werpJt

men.

fi'^ss'islig

all

5^

Nov. -Deo
ftSa
Mnr.-Apr
Jnn.-Fob
539
Jiiiie-Jiily
FBb.-Mar
513m Dec.>Ian
Oct
....Siasjaas Feb.-Mnrcli

Mar.-Apr
Total

sail

Jan.-Feb., n. crop,

.'iij

Delheri),

.'iHioa''i"32a'8

(Irt.-Nov
l.KOI

9J3

5l»3»»7,g
"ft'Ssi

&>*n*7t«

Oot.-Nuv., u. crop.
„«»lli
5'»M»'t«
Dee.-Jan., n. rrop,

Tlksoat.

8,4.->0

3ST0K— To Liverpool, per steamers IJavarlan, 1,015 ...Pembroke,
Bn,assLPUia— To Liverpool, per steamer Indiana, 337

&%
ftiT.g

Dtllreni.

8,750

Til

..f?a%

Oot

i,"Oi>

Upland.... Cobanlm. 4,150

4, 'JOi

»t7„

.-iSie

Oct.

ia,i«
for or ler«. per barn Admiral Te^etholT, 1,000
imn, per bark Thareec, 3, .'SO Uplanl

d.

crop,

MnnnAT.

5,5jJ

S,1S0

Upland.

,n.

•aU

9,989

To Hav.e, per

1

/fht/tmfnt.

Oct.-Wov.

Oct. 25.

41,000
1,000
20,000
6,000

Nov. 1
41,000
2,000
30,tM)0

8,000

l.OIKI

fiOO

300,000
14S,000
47,000
37,000
6,000

302,0110

21 -4,000

117,000

l.^il.OOO

40,000
31,000
7,000
247,000
181,000

from Europe. There were large sales of spring on the spot and
for prompt arrival at 74@75c. for rejected, 84<S85c. for No. 3, and
94@05c. for No. 2 red winter advanced yeaterday to $1 03 on the
spot, and sold largely at|;l 031 '"Jf November, $1 05 for December, and |1 0" for .January amber winter went at |1 01 for No. 3
on the spot and $102 for November; white advanced to $100
for No. 1, and $1 07@1 03 for choice. There hs at length a moderate movement of spring wheat towards the seaboard. To-day,
there was some further Improvement No. 2 spring on the spot
was active at 94@96r. and No. 2 red winter $1 0401 03, spot ud
;

;

;

,

November.
Indian corn further declined, and No. 2 mixed la store sold at
but from that figure t'.ieri was a gradual recovery, until
yesterday, when No. 2 sold at 47c. in store and 47ic. afloat,
owing to the more favorable foreign advicea. Some new mixed
No. 3 opene.l at 44c.. and
corn has come to market, and grading
40'.;

White corn la unchanged. Bound
yellow continues scarce, aad quoted at C0<3C2c The receipU at
To-day. the
the Western markets are liberal for the season.
market opened firmer, with sales of No. 8 at 47io., but the doM
advanced yesterday to 4Jc.

was

at 47ic.;

No. 1 white sold at 53c.

.

THE OHRONICLE.

408

and flrmer; No. 2 Western sold
and yesterday a single boatload brought 59c. State rye is also dearer. To-day, prime Siate
sold at 63c., and No. 3 Western was held at 60e. Barley has been
more active at full prices. Barley malt is scarce and rather

Rye

been

has

largely on

at 58@58ic.,

dearer.

Oats have been somewhat irregular, and prices variable ; No. 1
white declined to 32c., and there were sales of boat- loads of No.
2 Chicago mixed at 30c., but finally there is little change from

week.

last

To-day, the market was firm, No. 3 graded closing
mixed and SO^c. for white choice white sold

at 28i@28ic. for

;

at 38c.

The following

are the closing quotations:
OltAIN.
Plour.
No. J
¥ bbl. $8 40® a ao Wheat-NO.Sspring.bosb. $0 fi4®
No. 2 spring
itV^
Bnperfloe St«te £ Western

8

00^

3 50

a 70® 3 £6
Extra Bute, &c
Western Surmg Wheat
.S

65®

4

00^5

3

Bf®

extras..'

do

XX and XXX

8 90
50

do winter shipping extras

XX and

do

XXX..

4

5
Hinnefiota patents
3
City phlpping extras
Southern bakers' and fa4
mily brands

Southern

Rye

staipp'er extras.

flotir,

supeiilne

Corn meal— WcBtern,&c.
Corn meal— Br wine. &c.

K®

4 10
5 50

504;^ 8 95

75®
25®

4 85
5

8 9U((t 4
3 10® 8
S 40$ 2
i 85® H

75
20
60
70
90

No.

1

@

ppring

Red and Amber Winter
Red Winter No. 2
While
Corn— West'n mixed
do steamer grade.

98@

05

OS® 08
45® tl^
47® ..
49®

1

I

.

.

@

58®
S7®
28®
10®
10®

1
1

®

72®

Peas— Canada bond&free

30

1

10

AT—
Mtlwankee
Toledo
Detroit.

bui<h.
(56 lbs.)

6.3811

...

Dolntti

Corn,

bush.

(190 lbs.)
44,109
51,197
275

Chicago

Cleveland
St.LonIs
Peoria

Wheat,

..

.

2,783
82.713
1,U43

...

(hOlbs.)
730.008
859.607
359,48)
S18,;38

830,e57
l!i.at,0

Oats,
bush.

Barley,
bush.

(32 lbs.)

(48 lbs.)

S4S,015
32,i01

17,6«

130,811
6,688

SI.;"*!

U.VOO

85,10

3i,000

882,2(M
16,910

86.547
12S,7C0

8I.ti:3

....

97,995

242,701
131,362
1,'(0
14,981
7,700
87.791
i0,5G0

....

85

Tot.D6C. 31 to Oct26. 4,746,694
4,W.2,95l
Same time 1877
8,71-7,844
Same time 1876
4,315,847
Same time 1875

58,349,181
84,614.507
41,121.849
48,187,126

Week

Floor,
boin.
I0S,742
141.407
118.394
78,840

S6.
Oct. 27,
Oct. 88,
Oct. SO,

1878
I'T?
1876
1875

Wheat,

72,254,835 18.989,594
61,31i6,9«7 15,938,015
66,647.742 17,936,690
37,707,384 16,071,163

Flour,

MewTork
Boston
Portland*
Montreal
PhlUdelphIa
Baltimore

NcwOrleans
Total
Previous week. . ..
Corresp'ng week,'77.

•

hbls.
185,799
63,21)
2 975
27,398
24,470
ii.ntH
14.127

Corn,

Oats,

hn^h

bush.

151,847
213,133
616,601
278,441

233.997
154,002
363,092
422,6i5

Wheat,

Barley,
bush.

Rye,
bash.

142.287

31.486
2,719
31.273
23,667

105,0.50
112,9:J2
88,!i01

Corn,
bnsh.

Oats,
hush.

Bsrlcy,
bu^h.

191,240
76,:01
8,600

837,897
17,525

2'<l,S0O
40<i,80fl

6S0OO

695

60,619
112,923
204,013

62,165

418.780

406,922

547,400
377,677

8,433,005
8,686,842

61(i..587

389,!K)0

1,306,481

8:8,916

44S.764

Sstimatcd.

Bocton
Portland
Montreal
Philadelphia
Baltimore

bush.

Corn,
bush.

912,577

173, 101

8,4'i9

Ib7,721

121,704
57.477
838,6:6

54.578
171.520
68,509

Oats,

Rye,

Peas,

bush.

bush.

bush.

5t.42i

70,078

23,261

20
8,191
5,427
6,90i

15,000
3,826

335

685,429
68,585
70,070
Total for week..
38.281
84,376 1,461,873
703,8'4
11.5,402
40.171
107,767
61,160 2.199,610
Previous week
181,1129
109.103
67.478
TrtO weeks ago
99,60) 2,484,1S.) 1,354,145
3i',l37
659,556
2,157
114,364
Same time In 1877... 74,821 8,37:,816
From New Orleans 27,('48 bu»h. wheat, 36,000 hush, cern, and 85 bbls. flour;
steamer
cargo
of
flour.
from Richmond, a

The visible supply of grain, comprisinsr the stocks in irranary
at the principal points of accumulation at lake and seaboard ports,
and in transit by lake, canal and rail, Oct. 26, 1878, was as
loUowe:

747,853
171,370
134,105
1:5,425
575,104
Bil
45,760
317,196
7.8,646
329,9)1
1,168,774
2,350,000

279,487
20J
193,405
in, 506
42,fOS
31,602
85,433
124,*'3
151,847
1,118,840
l,i60.000

St.

Lonis.

Boston
Toronto
Montreal

(I2th):

Philadelphia
Peoria
Indltnapolis
Kansas City
Baltimore
Rt.ll shipments, week
Lnke shipments, week
On canal

Total
Oct.
Oct.
Oct.
Sep'.
Sept.
Sept.
Sept.
Oct.

1878
12.1878
5,1878
28, 1878
19,

14.
7,

1878
1873

27,1877

12,349

83!284

Ti,ro6
71,857

8I,'<75

1,326

16.210
b,60a

244,662
46,551

lOS.FOl
38,663
9,563

3',78i

233,997

142,267
64.000
620.000

U:3,9fl6

223,100

.16,682.581
.16,503,859

.208.90i
,218,P95

8.552,441

i,8a-i,9l8

3,713,682
8,942,782
4,248,5J6
4.115,278
4,318,278
3.943,8^8
3,727,077

11 .0 5,074
II ,134,092
II, 2'J3.242

10 ,600,588
11. .S6i,4Il
9,,563,035

6;294

18,f,90

.14,-.01.428

.13,099,673
.12,478,859
.12,589,391
.11,703.489
.12,t01.249
.10,861,287

21, 1878

1

73^383
4,064
601 124
157,984

3,729,6'<0

187,141)

26.HO2
6,936

6.218.723
4,767,641
4,142.1-67

8,771,721
3.088,073
l,8-tl.a53
2,260.9(11

I.656,8U
2,691,634

S3',486

107,800
40S,tOO
1,649,975
1.249,5:9
1,260.292
1,244,1186

1,562,949
1,078.014

l,»i6,l!S
977.066
852,537

Kstlmated.

THE DRY GOODS T RADE.

and the remainder,
for

in

smaller

lotti,

cotton goods at

to other markets.

first

styles

were marketed

at

low

price?.

—

5.000
1,000

1.7»,971
1..351. 941

Wheat,

?05,i;00

Print cloths continued active at SJc, cash, for 64x644, and
30 dsys, for 56x60?, at which figures large sales were reported
Prints ruled quiet, and the stock of
in the various markets.
Merrimack D fancies was closed out by agents at ttia reduced
Ginghams remained dull, and some bourette
price of 5^.

Ryi>,

51,600

139,684

bbis.

22,1,61

2(19,300

gish.

53,824

7<,200
27.000
42,744

3,02.5,497

61,281
12,6<9

104. 46.3

10,!i24

Oswego*

•

511,161

3a.,

Domestic Woolen Goods There was a sluggish and unsatisfactory movement in heavy woolens for men's wear, but worsted

296

87i',0-5

Flour,

202,828
470,880
495,791

294,8S?

Detroit.

Duluth
Toledo

3«l,4(i6

1,267,3)7
711,4)0

hands was light
and unimportant, but prices ruled fairly steady, except in the
case of brown sheetings and roiled jaconets, some prominent
makes of which were slightly reduced by agents. Dyed ducks
were rather more sought for by the shirt trade, but other makes
Cotton flannels were iu steaiiy
of colored cottons ruled quiet.
request and hrm at unchanged prices, but there was a very light
demand for bleached shirtings, and corset jeans remained slug-

hash.

Exports from Unitod States seaboard ports and from Montreal
for week ending October 26, 1878.

FnoM—
New York

41,647

to Hayti,

week end-

972,»)8
239,110
10,OfO
59,368
324,600

buKh.
1,973.700
71,200
3.0(0
155,313

17,792

ages, including 2,372 packages to China, 557 to Great Briiuio, 200

3.949.216 3,300,454
4,218.715 2,I18,U,9
2,6t7,6-8 1,707.525
1.960,898
726,8T7

Becoipts of flour and grain at seaboard ports for the
ing Oct. 28, 1878, and from Dec. 31 to Oct. 20.

At—

1,161,8')4

The general demand

bu!*h.

8».),ai;2

SSLi'l

Milwaukee

—

from western lake and river

829,931
166.405

399,955

9(j5.666

some extent.
Domestic Cotton Goods. The exports of domestics from
this port during the week ending October 29 reached 3,230 pack-

Rail sbipmenta of flour and grain from western lake and river

ending—

l,092,5t6

Rye,

bnsh
818,4:&'
67,600:
150,6iw
169,884!

to

ports.

Oct

5,.50O

4C2.0i3
2,899,79)

bush.
E22,h94
490,000

on the part of Western and near-by jobbers were mostly of a
hand-to-mouth character, bat buyers for some sections of the
(56 lbs.
South and South West were a little more liberal in their purchas41,491
es, because of the abatement of the yellow fever at some important
10,180
4,140
The jobbing trade was spasmodic and,oa
distributing points.
lioo the whole, unsatisfactory, despite the exertions made by leading
18,076
houses to stimulate business by nflering certain makes of cotton
2,',076
goods, prints, &c., at extremely low prices.
In foreign goods
there was no movement of importance; bat a large and very
100,112
9J,1V0
Buccessfal sale of black and colored dress silks, of the im porta
65,156
96,602
tion of Messrs. Iselin, Neeser & Co., was made by one of the lead,
4,256,528
ing anction houses, which tended to restore confidence in values
4,19j,201

29.616,141 12,987,430 4,917,701 2,197,219
25,8-l5,009 9,461,189 8,611,198 1.539.084
2f..50M,B77
8,070,-594 8,7:)e.4:)4 1,021,487
917,a72
l,3il,981 25,868,613 14,087,026 11,S48,I11 2,932,200

Shipments of flour and grain
ports from Dec. 31 to Oct. 26.

.3.300

Buffalo

Chicago

Barley,

Rye,
buth

TotAosr.ltoOct.ab. 1.481.285 86,785,279
l,.'8-i.0I6 2i).7rt!),5'.l
Same time 1877
1.470.202 19,0:2,3.56
Same time 1876
time r^75

ISO, J 86

The market has been

511,309
516,041
Total
138,689 2.020,851 1,2.18.7-16
661,908
688,0.19
I54,9ti0
i.& 3.-J02
1,V78.501
Previous week
9-4,487
4h6.1t2
358,780
Corri'Sp'ng week, '77. 182.268 1,8.3.3.549
491,914
452,120
Corresp'nK week, '76, 155,066 1,906,30J 1,516,717
Tot.Dec.31toOct.26. 4,477,941 70,792.268 8S.liO.29) 26,64 ',471 7,848,552
Same time lf'77
8,821,^53 40,081,17!) 68,760,59ti 20.286.663 6,164,98)
4,405,970 46,516.194 70,914,025 21,li07,:-!0i 6,707,673 2,088,911:)
Same time 1S76
3.«5),90'. 5.,.276,801 42,426,045 21,909,4t0 4.5;)7,46« 2,481,63.
Same time 1875

Same

Oats,
buth.

busti,
3,

xxvu.

Friday, P. M.. Nov. 1, 1878.
quiet during the past week in all departments, and the volume of business strictly moderate. Operations

....

at lake and river ports for the week ending Oct. 26
and from Dec. 31 to Oct. 26, and from Aug. 1 to Oct. 26.
bhls.

Corn,

bush.
3,754,0>4

Albany

>

1

at—

1,581,489
61,000
156.431

til®

State, 4-rowed
State, 2 rowed

Flonr,

In Stobk

New York

1*6

...
1

0I®1 04>i

1

do while
do
yellow
Rye— Western
Stite and Canada
Oats— Mixed
White
Barley— Canada West

8"!

IP Receipts

1878,

Wheat,

active

Wednesday

fVoL.

1

coatings, in both heavy and light weights, were iii fair dt^maod.
Cloakings and overcoatings, and beavers adapted to cloaking
purposes, were moderately active; but there was only a limKentucky jeans ruled quiot, and
ited inquiry for repellents.
satinets continued in light request, aside from printed [ styles,
for which there was rather more inquiry by the clothing trade.
For flannels there was a steady thouijli moderate demand at un-

changed prices, but blankets remained quiet. Worsted dress
goods were distributed in relatively small parcels to a considerable
aggregate, but shawls aud lelt skirts were devoid of animation,
and there was a lack of spirit in the demand for woolen hosiery,
underwear and fancy knit woolens.
FouKiQN Dry Goods. Business has been very light with
importers, and the jobbing trade in foreign goods was only
moderate. Such staple dress fabrics as cashmeres, merinos and
drap d'ete were taken in small parcels for the renewal of assortmentb; but fancy dress goods ruled quiet, aside from Scotch
plaids, lor which there was a well-sustained demand. Silks were
inactive; and silk velvets were less buoyant than of late, thongh
fairly steady in price.
Linen and white goods, laces and
embroideries were lightly dealt in, and men's-wear woolens
continued glow of sale.

—

—

.

NoviMDBRa,

—

.

.

THE CHRONICLE

1878.J

aapurtatlou* of Dry uood*.

Beealpta or

Tba Importatlona ol dry groodi at this port (or the week endtog
let. SI, 187S, and (or the oorrespondlQg woeka o( 1877 and 1876,

The (oIlowtDK

lave

been >a (ollows

:

wntMUD roB aoaooarvioa roa rai waaz
ism

,

Uaafactaieaofffool....
11

do

cotton..

1;

do

rllk ....

dux....
tlKalUnooiu drir goods.

rnsaiwii raoa WAaaaoosa
laafactareior vool ...
cotton..
do

do
do

«ilk.

..

«7,4i;
lOS.SAI

&7S
SOU
«98
714
817

M,M8

|go«,47a

l,»Si

•jLva ranioD.
|I0\S33
iSi
41,944
86

IC.'.S'i

3M-5
n.u?

tu3

A3,r5i

i6,*i6

1,IU

S),i'6l

.1,466
ToUl...
ddeat'd (ureoiuampt'o3,U3^

l,:ai,4r3

aUllhrownnponnurli't 4,MS

|1,4!>3,7S1

M.»8I

61

»i40,309

$373,180
609,473

1.873
l,92i

3.79t

1,999
1,899

1331,631

$119,131
47,093
S3,';a9
41,9.17

41,849

803.199
1,066,399

4,461 tl,!69,6S8

aaTaaiD roa WABaHOuania Duama lAaa raaioD.

MS
in

tlOS.SH

231

$7I,6J0

913

t>S

1»,039

133

173

78,374
131,117
100,i06
48,0i7

Total
1.962
enl'd for consampt'n 3.1)M

entered It the port. 5,031 $1,676,370

S,I17

luinrtctamor wool....
cotton.
do
silk....
do
do
flu

299
C03

lacelluieooa drj goods.

lid

.il

43
863

5r,n«
ST.8I9

43
916

1,333

S!),7yS

21

1643.093

3,493

1314,919

1,113,473

1,9-^)

t>09,479

641
9,863

$131, 133
1,0(6,399

3,603(1,317,651

aod (or the same period ia 1877:
(Tbe qiuntUr la glren In pacsaitet wben not otherwise
1, 1S7!J,

Since
Jan.

1,'7S

Same

Since

Same

Jan. 1, '78

Ume 1877

Metals,

brthenw&re—
QU«a
aiaasware

xoa

bags.,,.

Dffee,

bags

rags,

6,135

103 074
7«3.106
42,:8«
871,134

6,6ti:

9,12<,S!<0

8,C81.S3(i

108,363

160,054

284,797

*..;0)

S3,0«fi

7,51
116,619
16.597
1,373,833
4 57S

Ac-

Spelter, lbs.....
Steel

Tea

Bark, PeroTlaE.

3«.0JS

Blea. powders..

23,t>»5

:5.6la
2I.JS8

9,313

S,«u'

Cochineal

Cream Tartar..
Qambl«r

liiii

Qam, Arabic...

3,9<>0

Indigo

».'.34

lltddet&Bxt.of

'

Lead, pigs

Tin, boxes
TInsIabs.lbs...
60.1«7 Paper Stock
10,384 Sugar, hhds, tea. A
l,514,fi68
bbla
4,51U Sugar, bxs A bags.

4.9*!l

>tion, bales

56l.

Hardwaie

Hn

!95,M0

Olass plate

858
•7,7i«
50.3054,6)9

8oda,bl-carb...
Soda, sal

Bodaaab

54.10t>|

Fruits,

».6liS

4,4(tO

art

5.554
1.04V

5.606
4,77»
1,673
lOS.SSs

3,90;

air

emp, bales

Wlnea

Clg«i

lu
annT cloth

Wines, Ac
Cbampagne.bktr.

S6.9Ii
1.231
;».5s;
53,f01

141,567

1,587

1,107
4,ir;

Hides, dreseed..
idia rubber
»ory

5.2iv|

37,C43
1,4i9

48,6.1

583

Ac—
1,115

3,349

466
96£

42ul

Watches
I

l'.8

100.5 3

74,790

84,7661

51.374
730

76,005

71.983
111.7<8
84,7;8

2o,Sl2

»

t

1,360.111

1.0Ji.73fl

!)2I,6-16

6..—

404,338

Lemons

1.2(3.595

699.616

Oranges.

1,4S».<1'6

1,106.6»

Ac—

NuM
Raisins
Hides, undressed
Kica
Spices,

.

Ac—

Oassia
Qlnger.

M4.586
669.114
8j9,9«
t«8,618
9.049,638 10.111.431
189,6-. 4
9;7,991

8a 105
1U9,955
4! 9.397
341,659

116,280
46,e»9
3«i.i84
11«,119

Pepper

WoodsCork

340 7«4

Fostlc

38,550
D14.^40
58,710

Logwood
Mahoganj

The (oUowing are the exporta of proTiaiona (rom
>rleanB, (or

the

862.171
18.223
605,687
41,417

Oct. 20, 1878,

Pork, bbls.
bblst&tcs.

I'rpool

"ndon

intwerp
'irimtn

772.«0
("8.XI*

81,825

4>t.0CO

7*9.17.-.

47.80

69,815
818,964
4»,S75

«0

108.>>4)0

75
50

.'..'."."""

^ntlncntil Ports

'isi

80

.

ither countries.

S10.30J
732,520
SJS.ilO
113.225

2,174

'898

215
79S

41
116
9U8

1.1C7

.

&,1i'i,7yi

Cheese,

Tallow,
lb».

lbs.

I,'*5.e20
65«.s0f
86.810
127,4iO

5eO9O0
63,7iW
3S,500
....

1,200

a!i»,42S

,

»,8:o
845,r5(l

....

188,600
58.SU0
10,000

5^0UO

3t,u(jO

K

.

Vest Indies ... .'.'.
wntb aod Cent. America
trttanoN A. Colcnle..;

lbs.

ISk

50

'U»re

Iba.

Bacon,

484

.

'.."*'

Lard,

e5''

"."*

Umbnrg

goUlweek
reTlous week

New

their diatribution:

467

Irlftol

Jail

..

and

7!i5

>.ast:ow

Jporto.

York,

Beef.

To-

<*nelUes

New

Philadelphia, Montreal, Portland and

week ended

574
403,9-0
3i'.>,102

t',,lM

4x',9i6

....

....

1!4,8&5
16,738
18.907
21,768

S:,565
1

484

2.520
2,810

5,769
7,77t

1607

?.85S,.'i£«

2,rja

4JK8.114

8,187,79
7,991,436

2,795,659
2,504,346

121,80S
I.67T

ir,tio

baah.
...bash.

.

...koah
baah.
... b4des
....bbls.

Flu seed

ban.

Imm

Orasa seed
Hides
Hides

kales.
bales

..

Lead
Molasses
„
Molasses
Naral StoresTurpentine, erode...
Turpentine, spirits....
Rotin

1S8,MV

8<,43a,8«
18,88l.81>l

Ut,tl8

41«.;ti

i,i(H.m

4,m^814

S9,Mi

tn,7M

17,108
481
11,181

716,781
18,017
878.418
153,473
188,018

866^88
603,«8

101508

185,7»8
174.S»1
109,0a8
•.84J.71*

'•0

81,761
8,181,081

www:

M8.830
14

4«S

..bbls.

743

in,8t8

89,517

..

4.81t

bbls

15
190
1,770

.... bbls.

bbls.
bbls.
bbla.

08%

8344

8,198
(4,941

tor
18

335,185
18,818
1,594

11,419

8«.908

a«

•:::!SS::
mils.

(8318
mjm
81,148
8,(18

(8],IM

14.688

18,(80

1 16,081

bodi

iisat

nkM.

nkn

^^

8138»

66,418

8,388
1,077

188.841

143,815

U,8i4

n,i»i

1,088,886
1.018.878

88J11
84131*

83,448
88,753
6,547
6,443

piSa.

1,070,888
1,918,1(»

t.t)ajm

«76

413.751
591,190
36.276

No.

145

9i<,oes

... pkgs.
...slabs.
....pkgs.

2,331

85.715
»t,9iM
16.58i

883^

1166

718
18,(88
(8,toa
(S,-08

.•.•.•ss-

U s. A

bbls.

.«..krgs

.

.

774
174

QI:

71
181
l,8>8
1.889
4.863
1,783

....hhds
..pkgs.
bX8. ind cases.
... hhds.
bbls.

Whiskey
Wool

l,MMtl
l8.t8t.8M

4,888

„

Sugar
Sugar
Tallow
Tobacco
Tobacco

l,e»8.l«I
160.438
B>,*»i,r.»
8 344,548

3,484
tA,lSt

•1,»0

Pitch

Spelter
Steariue

last yaar.

8.484
61,601

....Mm

Oilcake
on, lard
Oil, whale
Peanuts
ProTisleos—
Pork ..
Beef
;
Oatmeats.
Butter
Chreae
Egg*
Laid
L»rd
Bogs, dressed
Rice

SsaaUaa

UB,«I4
1I4,M(

4.071
(.44*
1.110

.....^i.

Leather

....balsa.

418,768
3(8,(80
84,918
88.737
•

••••

18.137

18,033
66,440
18:1,041

(8 84*

181,888
169.783
71,901

laoyiaa

ta,4U

Exporta of LeadlnK Artlelea of Domeatle Produce.
The following

table,

the exporta from

baaed upon Custom House returns, showa

New lork

o(

all leadin^t 4urticlea of

produce (or the week ending with Tueaday

9li<66
Il4,r54
20 15P
5,746
....
....

1,177,818
2,1<1,610

dometUe

(rom the

lat of
January 1878 to the same day, and (or the correaponding period
laat,

in 1877.

Week

ending Sines Jan.
1878.

1,

SaaiatlBia
last

yea.

1.K5

1.887

As

1(8

196
141,(60

10«,49S

Breadsiuffs
Fluur, wheat
Fl.iur. rye

bbls
bbls

M,n*

8,011,933

Corn meal

bhis.

10
187
848.306

17U.S87
«B.S46.413

'.ftlSt

».tit.f»

1.77N59J

87317

8,180,988
1,416.117
(•(.(t*

.*^liS
1,044.8M

11,(03, 8>

88.(08,0(0
41,1(0
(0,770

Arhes. pets
A!>h('6.

bbls
bbls

pearls

Beeswax

Wheat
Hye

barh.

bniU.
bush.
banh
bosh
bush
pkga

Oais
Barley
Peas

Cora
Candles
Coal
Cotton
Dumestlcs

tons.
bales

Hay
Hops
Mar.l Su>res—
Crude turpentine
Spliiu turpentine.
Rosin
Tar
Oilcake
Oll»-

Whale
Sperm

Pork
Beet
Beef
Cutmsats
Butter

bbU
bbls.
bbls,

3,6111

38.9(5
45.501
8 6,8(4
ii»,4v:
4«,i44

8S3M
118

bbls
i.aoT
(.711

15 lU
811,904

68

6,:m

70,111

4,938
1.440,845

8.0

1,118,880
(.•08
1^5.088
14,&8:.4^5

8M.18»

80,(83
8i>3a»

873M
(8.4(8

Ift
S8.8M
(01.184
9.380
48,^8J

i,iom«i

u:.»»

88.081

MO

453. ((6

7.1«

l,b6f.7Sl
8.(15

8I<,U8
(0.117

(als

30
4385,841

bbls

8,431

M3tt

17(38(,8tt

I(a3l038t

ltt,8ie
«t,08«

KMit

a3M

bbls.

684

Usrces.

i.7e

483M

bs.

(.735.104

87l,58"37»

a8i,n3,8M

30\549

19,517,008

1.471.811
(,381,437
8K7
1,175 868

117A«4ei

lKI4l3(fr
*4.1»4,7M

818,371.817
19,8.8

141,l(8,l«8
•I,87T

80,9»,9l(

(7,«,0iT

>*.
..«••

••*»
hbils

bales

163(5
800
307

!>'>'••

Rice
Tallow
Tobacco, leaf

t«.8T0
1B0,>73
511
1.474

balea
bsles

Bs

Cheese
Lard

...

8,41/8

gals,
(4Us.
lals,
(ats.

Lard
Lln>eed
Petroleum
Provisions—

aaoa

Phga

bbls
cwts.

Mich

Tobacco
"'"'

*,MT,*I»

Oct. 18.

Exporta of Provialona.
i"»tOD, Baltiiqore,

bbls.
bbls
.....bash.

•

Saltpetre

Jntary

*46,"BS(

53.466
753.616
362,161

Fish

1,538

1.

495.767
1,476,612

110,l>59

Corks
PancT goods

Ac-

Idas,
Bristles

514,168
1,82h,4i9
763,141
47,691

S3t

Wool, bales
ArUcl44 rtporUd iy
^4*3
vaiiu—

31,331'

Uplnm

Tobacco
Waste

50,373
4,059
4,on<

4,-98

OU,OllTe

swalr*,

8,411

5,816
969,113
85,717
991. 54S

94.

Com

.

3,131
1,141

lt»Jl

19,516
31,i7S

earthenware..

»1, tons

Ac-

Cutlery

Ohlna

filtons

apectfled.]

time 1877

Glass and

fkiaa.

....bbls.

.....trash

Oats
Barley and malt
Peas
Cotton
Cotton seed oil

Slaca Jaa.
ir8.

m

kWs

Wheat
Rys

Tar

$S5t,S9:

lowa the (oreiga Importa o( leadini; articles at this port since

i

Ashes
Beans
Bread ttnffi—
Klour, wheat
Corn meal

Hops
t98,a7t
44,619
41.979
44,833
9S.149

(uaporta of Leadlac Artlelea.
Tha (oUowingf table, compiled from Custom Hoaae retarna,
inuary

Wsek aadlag
OeLN,

1(>S,TM
113,718

t!7
910
67
933
7:3

2).468

table, baaad npoa (tally raporia mad* to lb*
Prodaoe Exchange, ahowa tba reeeipU of laadlof
artlelea o( domeatlo produce In New York (or tha week
andlof
with Tueaday laat. (or the period from Jannary t, 1878 to tbafc
daj, and (or the eorratponding period Id 1877.

New York

4SS.WS

a,6<8 $1,086,899

(107,416

LaMUni ArtlclM of Domraile rr«4ae«.

|'}0'<.tK7

ard TBnowa urro raa aARKar Dinuaa raa

14H
37
lai
8il

flu

411
478

li»,iU

ISO

laeelUneoas dr; goods.'

IST.tM

Pksa. Valar.

3U
Mi

1M.M7

1818

.

Valoe.
ItM.asi

60«.7B«

8.051 tl.«i9.4;a

.

si9

PkKt.

ir^«l8

606
618
80)
SIS

aiionie oor. SI, inS.

1«7

.

PkKi. Valn«.
«:s
tM7.o«i

do

ToUl

.

469

and c»>e«

Tobacco, manufactured

lbs.

Whaieboce

ih«

((.(18

1,411
1.847

IUI,>.81

151.117

8,1I4.8«8

808
7,8883(0

•i,m

•T.4X

75,(8

ac

'

THE CHRONICLE.

470
UKNKKAI.

mat

GUNNIES.— See

•

«crt

B8KAOST UFKS— See soeclsl raporl.
BOlLDlNtt MATKKIALSSrtct*— Common Uaril, afloat. .»! M

j 25
; 00
26 00

bbl
bbl

^
* M

Bo:kland Unlshlng
Luiitber-eiae,g'iio oi.dry

a ...
a •...
« 60 00
8 22 00
a £0
a 43 00
a 45 00
®15o 00
a <S
a 16
9 1! 00

tt. 15 uo

13 DO

Pine, shloplnK. box
'42
do ta.iy boards, com.to c''l,o*irh.
Oafi
* M.tt. 38 00

Asb.good

38 00
IS 00
20

Buck M-alnut
djiruce boards & ptarikb, tacb
U-'.mlock boards, each

'.4

VM.ft. J500

Map.c

*ai^— '.Oiaeod.crm.tea.*
.;ila<)b,ls to
Sdfloe...

Ueg

ah.«i

a
a

2 15
4 25

Sio.elouger

Oiitipikus.ansUes
Lead, WD. Amer., pure dry
,

Zinc, wh.,Amer. dry. No.

•

15?

VJt.
P->iU.gooti 1.0 choice St ate ..
"
We^t'u creaiii'-ry e'd to cb
WHiRh. state, good topiljie .... "
"
Western da ry.iair to pr
Cflh.KhM.—
Slate factory. prime tochoice....**
Western factory, k'j to cboce.. "

18
22
15

.

a
a
a
a
a

li

last

2!

a

t>ott*'' f^anpt^i

12 00

show

will

8

FiO

a tg

ini

•

l.urL'

Grace.

Rug.

.

Stove..

.

Ch'nnt

.

4

,

t>

,H

•50 ceots
Toik.

Kid. ^

ord. car

Uv
UO

dt( prim*'..

'1^'

do (au,

..

"

..Koiu.
koIo.

•'

Kuti

'"

1«

ti

KOld.
gol".

•

15

a

"

14H.

n^i^gold
gold.

"

14

Jainnliil

Marucalb*^
Laguayra...^
8t. iJomingo
Savat'ttlla

goM

new (overia

*'

14

'

I!

.

•

Sieathit'.g,

»

...

1

Menhaden, crude Sound

n

Nealsloot, No.

a

I6(i
in
17

Whale, bleached winter
Whale, crude Northern
Sperm, crude
Sperm, hleacbPd winter
Lard oil, Sos. 1 and 2

13

23
26
2^
16

i)

i3xa

*t

100

n car

tt.

golu.

Aiuea. liurbidcc^
Soul c, powdered
j>ic:arb.sad»,NeW(.a8tle.|* 100
.

2

a

tt

'•

37U

a

,

1

K^^«

Bninsluue.

Am.

roll

40

1

8X4

..car.

".

"
Inbond. legal. .gold.

UMtoroll. K. I.
soda

V

•Cjtisrlr

luO

lb

"
potafh....
0>ehlne8l.lK.nnui.i«, stiier...

G iloraie

9.5

"

u

3 55

ITS'

a

'•

C>oblneal, Mexican
<;ream tartar, powdered

iiS

S3

*

cur.

12

gold.

<;iteii

pcrltOlbs.

Oimbler
O.nseng

••

••

Oiycerioe, American pure
.Tatap
t.lcorlce paste,

4

9i

|'

16
21

26
25

Calabria

Licorice pai'te,S!cllv ...........
Ucorlce paste. Spanish solid .gol d
•

.

.

.

.

,

* 100 ft. gold
Soda ash
Sogarof lead.whlte,prlme.*ftcur.
vitriol, blue.
IS

4—

8

ixa
Ji
s
Ji

<t

'

-

3 6)
12,

1

e
a
6K»
78 a
65

9 00

aalslas.seeoieef new. per SOlb.lrall
do Layers, cew
*

Valenclii,

quarter box
WA"«ronl. Italian
flarolt;ec, %<

.'.

Vomenuc Vrkci—
Boiuhorn, sliced
quarters
do

V*

VB.

State, sliced

do

quarters
Poaclref, pared, Ga.,E'd toch'oe '53
nnpare::. haivea and qrs,,.
do
PlHC-' ei TleB
:

J":un:i-.

Bute

Wlivrtlebeirlcs

)

"

6 a
'X*
a
,5

18<i)

12«<'<s

T.5

biii.

"

, i

,

6 50

"'

•*

a

1

60

I

15

1

il
7"
20

The

v

15 50

20 00
» Ml
1(1 uu

do

I

—

"

».gola.

6%

6X »
....a

6X

6>i

13

ii"
8 on

n%

(SI

li*

a
15 a
u a

3X

37K< 6 0:1
4»;Hi .123

<X
...

fx

"

rx

'•

"
*'

"

V

American XX
American. Nus. *
American, Combing
i

»*

No. I. Pulled

'.

California, -iprmp

Cup—

Superior, unwashed.
Fnlr ..

fH
»'i
b

Burry

^-BTBAK

LivKarooL:

a.d.

* ».

Cofon
*i

Flout
HeaT»*eooil8.

.%t

bOi.
ton.

Corn.b'lk&bga. * bu.
wnf,at,btlk& bass..

lii

BoflJ

....Vtoo.

12

Pork

W

lb.

so
IB

m

1

Ics. V
FORBES,
CKSrUAL Stkkkt. \

New York
M.
S.

w
W,

Agency,

POMEKOV

106

Watkk

J8, ,

,

K.T

Sa?.,

Hong Kong &

Shanghai:

7X

Banking Corporation,

7

OX

Bead

Houg Kong.

Office,

,

W.POMEUOY

Jb., 105

Water

St.,

K.T.

I

Charles E. Parker,

w

m
8
14 (a
(«
n a
c«
23 Oi
m

Interior

n

dO

I

'i"

3C
20

,S>ath Am.Mrtilno, unwashed
.Cape Good II ope. unwashed
Texas, fine. Eastern
Texas, medium. Eastern
gold.
Sjayrna,tinw&iibed.

'J

J.

»<

2

Extra. Pnlletl
•

Boston Agency,
__„"

MUUKAY

'

»X

B.

a

Co.,

MERCHANT

AND SHIP AGENTS.
Hong Kong, Canton, Amoy, FoocUow
Sltaugiiial and Hankotv, Cliiua.

X

». 6 11-16 >
JO

&

OM niSSION

6

None.

vtt

street. Boston

O

»

6X«

"

Water

Hi
"X
VA

t

?r,

"

40

Russell

*S*
>4<4
»«»
^•"i
BX*
tin
H a

'*

"
"
"
"

CRKIGHTS—

31
19

Superintendent.
MaacbeHter. N. li

(

7h.'

"

Prime city

Fire EnslnOK,

»

7

•*

Works,

<»

7K9
7X»

"

i

MANUFACTUKEUS OF
Locomotives and Amoskeas Steam

....»

"

Yellow

York.

Supplied.

MANC tlESTEli, ». H.
AUE<«TAS BIiOOD, W. C IVEANS,
Treasiirer,

5

cur.

Molasses sugars

Old MIp,
ONLY

Locomotive

6-llX

lALLOtv-

4«
13X

SS4(»

5

10,1^

—

*'

A

SODA.
New
ISANCHFSTBR

40

'i

li

a,

"C"

80

3X»
S

ott

1

.Jobbing Trade

10 ;o

9X4

"

WlilteextrnC

1 re

11

11^

a

WOOL—

4

23

a

i«

^%.

Hard, powdered
do granulatel
do eutloaf
Coflee, A. standard

1

,

•*

"

Brazil. N08.9®ll
Ji''fined—ll&Td, crushed

4 fO

12X®

a
*
O

iMo.

''

FxtraC

16X

7

1

'*

Manll«, sup.anl ex. sup
Batavla. Nos l''®12

3 oJ

1!X>»

3

OF

... id

"

'OU

Co.,

SITPE R-C ARBO:y ATE

5
11

I

|t i*

common

&

John Dwight

it

7X<t

Melado

6)4

4

^
Flas, rew...
Canton Gini,'ei.wh.&hf. pots. ¥ case.
rt«ra!nei>,* h«It box

ary mixed

a
a

18)4«

;•••,-

Praaes, Turkish (crop of
.Trench
do
Pates
,

.

71)

new prime

JiimiiCTrlPS,

a

i.

Itron

A'Ucrrlc!>.

1

1 70

'

new

gil
"

boxes. Caved, Nos. 10<ftl2
Cctrlfugal, Kos. 7®13

i% 22 OJ

O
a

101

MANUFACTURERS OP

Inferlor to common refinlfg....* ik.
•'
F.lr
"
Good refining
•
Porto Ulco. reftn fair to prlnie ••

IV

....1

,

Loose, new

iki

400 BROADWAY, NEW YORK.

50
45
85

"

Domestic,

23
23

-

3

m

43

81
»»
45

Naphtha. City, bbls

Forelgii

29"

17

Or'd Bk.ft Oeorge's (new) cod.*qtl. S
pr.bbl. 14 to
Mackerel.NO.l, VI. shore
IS CO
Mackerel, No. 1, Bay,.

Mackerel, No. 2 Mass.shore
mackerel. No. 2, Bay

27
60
48

V W:

Bro..

20
62

sriGAR-

3 70

50
1

"

common

17

I8K»

gold.

.

a

•

9X

...

&

10

"

—

Sirret.

lOS

1

5*1

.

Am. .cur.

onr.
QBlnlne
KhQbarb, China, good to pr.... "
8*1 soda Newcastle * luo tt gold
eiieU Lac, 2d & ist English. * a .cur.
,

4 v's"
1 li

a
a

«

*

Dnane

[

In «tock.|

13

dPELTKlt-

8

cnr.
NatgallB.hlne \leppo
"
Ollvltriol (66 Brimstone)
Oplam, Turkey ....(In bond), gold.

PrUBSIate potash, yellow.
Oulcksllver

n

«

h

FHa
lis

Lard, City steam...,

82

»

<6

"

«
«

Cases
Refined

Carolim..fa1 trf pilule
Louisiana, talr to prime
Baag'ioD.ln bond,
Fatna, duty paid

a

a
a

a

< 75
1 26

"

itlCK-

e

12X9

«<"

2,

'
"

Hams, smoked

(•

!>\<4

'*

Madder, Dntt*
Madder.Trench, K.X.F.F......

1

3 i-.X

31X8

"

Ka-^l ilidiB

26

S5^4

"

a

(K>

and Colors always

George A. Clark

CAKE-

Pork, mess, spot
Pork, extra prime
Pork, prime mesp, 'West
Beel, p alii mess
Beef, extra rnesr*. nominal
Beef ha-nR,Wei*t'-ru
Bacon, Wes-t. long clear

lirliuetone. 2a «B&yrag,per toD.gold.21 C0__^ ^6 u)

Cauiplior reHned

.,'1

4

BuntlnK Companr.

ill *VlJt.bs

*". 109

SIX

7u

"
"
"

Crnde. In bulk

«

^0

2

.«tta*e«

supply

2"ifl

-17

50
' »l

-lU

p^toVl8lo^^-

1X»

"

i:nlt«<l

A

43
4J

1
I

STKIPES.'
|

33

1

"
"

toextra

1

PBTKOLKOM-

«

0'
20
2

*'

*Ibcar.
^bOlli.

Blchro. potasu.
Hieaohlng powdi^r

,

-.

AWNING

•

a asTK

«
«

8

kinda of

all

Also, Agents

a

2 20
2 20
1 90

.

i

'

l!0

Clty, thin oblonif,bag8, gol(t,» ton.
Western, thin oblong (Dom.>cur "

report.

A.;

Apple
CO
d.
do

bbl
"

!

Id

COTTON 0\NVAS. FELTING DUCK, CAlt CoVEs!
lJ»o, UAIXrlNG, HAVENS DUCK, SAIL TWINES
AV
ONTARIO SEAMLESS HAGS,

44 00

val.

»"

itV

«

»

see'l. crnile

UX
4

.iS

&

32
25

"

a

....a

i

Aloca.Cape

Warrants,

"

....

."-HI

Nominal.
Nominal.

"
"

Olive. 11. caskn- <all
Llusoed, Cttski* ail bhla

OIL

oz>

Lake

Itigot.

COTTON— oeeftpeciHl
O.tUliS & UYKSamiu, Ijamp. Am

do
do

....a

(lAKUM— Navy ,U.S. Navy & best »»

18

u

jra7,ler8'(o7er 16 oz.)

If

S!

"

"

winflnwglass

lilLSCotlon

"

gold.

Gosta Ulca

i3i»

a
a
S

0(1

**

"
Pitch, city..
Vgal.
Spirits turpentine
Kosln, strained to aoodslrd.* bbl.
*•
low No. I to good tio. 1 •'
" low No. 2 to good lio 2 "
"
"
low palp to extra r, *)e

New

"

.

CJPPBK401W

15

..lllU.

6

gal

*

Tar, Washington
Tar, Wilmington

j5
.0
60

8
b

I'

ft

•'

p.y>fti.

Jav«.ajat»
NatlVf v^eynii,
MexlCKU ...

C iKebs,

4j

.

d0«!0(<U,

American

iH&

;

Co.,

And

5

2

I0K9

MULAR8KSS—

»

ttlo.

@

|

cottonsailduck!

m

5

I

Turner

XKsnfacturerB &nd Dealers

5-10®

2

Steel rails, American

NAVAi. STOKEb-

&

3X

litm-e I^icen,
ISO 00 ai32 50

gold.**

*•
Cuba,claved
Cnba, MuB.,refln.gr'd8,50test.
do
do grocery graucs,
Barbadoes
Demerara
Porto Ulco
N. ().. com. to prime

»

Brinckerhoff,

a
a

ton, cnr. !4 00

;<

.1.

17 50
16 50
15 5i
(a 23 uO

15 50
14?."
21 OQ

Sheet, Kujsla

»3 >0
71

65
S
8 67S
3
36. H
3 au
4 i4
4 l'5
3 6
3
: S @3 3.5
per luu tt..dtt1onal for delivery at

a

8
16 50

;

From Various Mills.
TOUii,
BOSTON,
WhiTH STRKBT.
15 CHAttNOBT »T
PHILADELPHIA,
w. MA VTON. -iSli Chestnut Stbmt.

10
12
10

a
9X»

ton.

i

NEW
4,5

1%
9S

8sa

8heet.8lng!e,double& tr'>ble,com.

Joh'i't'n.

boi6(1

'3

a 73
4 .5
3 50

.

(5®

f3

3t5

Ha

Hobokeu

ti 53

!

iTIUIs,

HoKlerr. KlilrtH and Oranrera

n

a
a

r.

Hoop, XX.No.22toI&'.Xxl3&!4 "

prices at

aaotion ur p-eatnt October rat-^s:
i> &H
Ji.LasW.
P.J6B. L. *W.
Ktyi.n.
Belied.
Auction.
Sched.
Sc'iefl.
Port
X. Y.
NewOct i»

Bfmo.

*

Ralls, Amerlraiii
95^
9

isx

n

7

Bar, Swedes, ordinary sites. .Hon.
»lb.
Scroll.

-8
16
14

6X*

Llverpoolgae cannel

AKTBR-^ciTK— The following

6
9
55

1

«

8

COAU-

Llverpx^'

"K

20X

a

a

•

"
do....
California,
cur.
do
Texas,
&. y.stocjfc- Cal. klpB,Qlaught. goln
"
Calcutta kips, deadgreen..
"
Calcutta, buffalo
Plg, American, No. I
Pig, American, No. 2
Pig, American, Korge
Pig, Scotch

a

19

*'

New

!«aratosa Victor)^ Bits Co..
AND

isxa
lesa
'*

|

Co.,

Atlantic Cotton mills,

!«"

—

IBO^--

Ullea-tou

5

19

Matamorai.
do
Wet Salted— iiuviTi.. Ay. selected
Para,
do

2 45

a
a

5

1

RIncwh.. Amer.,No.l,lnoll

ParlBwblte. Er.i.,lold... * lOOtt.
etJT'^KB— (Wholesale Prices)—

California,

5 25
4 45

7S^
6Vt

tt

do....
do....
do....
do....
do....

Orinoco,

..

a
a

...

V

PMrjr.-i— Ld., wh.AU;. pare. Ip oil

Montevideo,

20
20
13

i

AGENT"* FOR

7

a

4

.

WaMlilustou iMlllB, dhlcopee Sirs
nurilustou Wooleu Co..

....a

Ayres.selected.Vttgold

Corrlentee,
Klo Grande,

.

a

"
"

HIDBSOry— Buenoi

E R Mudge, Sawyer&Co

....
....

6K9

••

(ute

ICO

a

•

vn

41

&
a

gold

Sisal

4 75
9 OU
28 00

ft

a
a
a

a

JU

Vton.

Kassla clean

Manila

P-.itlsdelphla
»1

iX

HBMi- AND JU IEAmerican dressed
AmerlcaL undressed
Italian

Croton

C«m«nt— R>«en'l»le
it'ne— KockUnd cotumon

4V«

l^.

Commercial Cards.

,V10Un

North River siKnp'ng

XXVM.

rVOL.

r-port under cotton

UAT-

CUHkENT

I'KM'KS
Pot,

;

«.

.

rt.

E-16,s 11-1J
3 6 4* 3 7h
37 6 i4;6

7X*....
7X*....

"b
BO

s»....

9....

COMMISSION MBRCniANT,
BOSTON.!

26

li Exchange Place,

1'6

Post

18
21
26
30

Offloc

Olyphant

2S

®

1*

SAIL,-

.

9.

d.

-^

«,

!?,
22

64

..y.a
.... *
....«

COMMISSION

19

.

^
30
....
....
....

Box

2,634.

&

Co.,

I

ii;erchant.s,

lions KonK, Sliauglial, FoocUoiv
Cautou, China.

«»<•!

IIKPRKSENTKD BT

OtYrHANT & CO., of CUIna,
J104 WaU St., New Xojt*.!

:

:

1

NOVKMUBR

CHRONICLE

T:tiE

2, 187b.j

.

SteninMii|»i.

Iiuuriincc.

Cotum.

THK UKKAT

Knoop, Hanemann 8c

Providence Line
TO BOSTON,

II

OFFICE OF THE

«a Kx ;n\NaE ru&ci. ii«w tokk.

VIA I>K0VI0I':N<^K DIUEC'T.
IHFULLNKillTSKKSr. INI.Y « MIl.KB OF KAIL.

ATLANTIC

Tlic Favorite I'alare Stcnmcre;

1

m-sn m
naiiehaatar and LIvarpoal,

flSSACHUSETTS, UHOD'E ISLAND,
RAY ALLKN.

Opt.

p
"

C»pt. JKS8K MOTT.
Daily (except Eundajs), from Pier No. 29
Warren street.)
.\ortl) Klvor (loot oJ

Hf

•

•

'MNOKfirf arrive in

New

between

iiato la4diiii;9

•

at 7

lioitton

A.M. No

•i

P

L.

W. FILKIN8, General Pauengor Agent.

Nsv
The TraetecB,

from

1st Jtennary, 1877,

Total

Company's

with

NISW
1

dortoD srreet. as follows

Wed., Nov. 6. 2:30 P. M.
Wed.. Nov. 13.«A.M.
Wed.,KoT. 20, 1:30 A.M.

JMEKKirE. nelord
PEKKlUK. DaDre
••RANCK, Trudeile

PRICE OF PASSAGE IN GOLD (iHClading wine;:
To Havre— First cabin, $100; second cabin, $^5; toirt
«l>ln.|^; steerage, $26—including wine, bedding and
iteDsils.

To Plymonth, London or any railway station in
Sngland— First cabin, $!I0 to, $100, arconllng to accoinnooation second cabin, $>.5; ttiird cabin, $3o, stecrM, $27, Including? everything iis above.
Ketarn tickets at very reduced rates, available
tirough Engliind and France. Steamers marRed thus
;

I

'

117 Pearl Street,

Sawyer, Wallace

BI.|jr)STHLY

SEKVJCK TO JAMAICA, HATTl

lOLOMBIAaml ASPINWALI,, and
lOUTa PAt:li'\C POliTS
Fltit-elas«, f all.powered.

to

PANAMA

and

(via Aspiowsll.)

Iron screw steamers, from

ler Nn.^i, North River.
"or Uayil, Colombia, Greytown (NMc), Isthmna of
Panama and South Pad lie I'ort?, via Asplnwall :
>Ei
Xov. 1.31 alLSA
For KinfTRton (.lam.) and Ilaytl:
,

^A

ATLAS
nrct-ciass passenger aceommodaticn.
PIM, FOKWOUD * CO., Agents,
Nov.7

::'ip8rlor

1

No. 56 Wall

W

i

r e

(SucccMor to A. L. RICHARDS)
00

MhlpptuK and Commlaalon neretaaat
No.

01

o p
STEEL AND CIIAKCO.VI
IKON

of

day, the 6th of Febrnary next, from which date all
interest thereon will cease. The certificates to be

produced at the time of payment and canceled
Upon certificates which were issned for gold premiums, the payment of Interest and redemption
will be iu gold.

O^

purposes manufactured

&

tt

CO,

New

York.

ORGANIZED APRILI2T?ia«

i.

Maeaulay & Co.,
MEKCHAWTa,
22

WILUAU

STREET,

NEW VOKK.

Pntare Contracts for Cotton bnugbt and aoldoa
in New York and Liverpool.

Vommlsalon

&

F. Wheless

John

Co.,

COTTOJf

commissioN iiierchants,
NASHVILLE, TENNESSEE.

de.

Special attent'on fflven to Spinners* orders.

fponUrnce

Corr9>

a.'jIlcltertT

i{Kritr;K."(Ji9.-TliIr^

and Fourtlj National Uanka

anc I'ropriptora of Tiik Chko.mi-lk.

Steel

Pen*.

H. CHAPinAN, Secretary.

TRTSTEESl
J.

D. Jones,

W.

Cbarics

II.

^,

Rossell,

David Lane,
Daniel 8. Miller,
Josiah O. Low,

"vr^y^it^i

c:.

A. llanJ,

William U. Webb,
Frarcis Sktddy,
Adolph Ixjmoyne,
11.

Marshall,

,

of

ufeandendowment policies
n VOffASUAS THOSE OFANY OTHCRCO.

C* rfHMS AS

'lASHASSETSQVER $80,000,000.

Lewis Curtis,
James Low,
Gordon W. Bnmham,
Wiiii-im Slurgls,

William E. Dojge,
Thomas F. Yotngs,
John O. newlett,

James G. DeForest,

.John Elliott,

William Bryco,
Peter V. King,
Horace K. Thnrber.

H. Fogg,
rkomas B. Coddington,

ScUfyaadealtn

D.

JONES,

O*

lytfU.

SPENOERIAN

Charles D. Lcrorieh,

Edmund W.

Corliss,

STEEL PENS

of the Very Bc«t Enrnpran MaW". and nnrlraled tor
FlcxIUllty. Durab.liir. and Ktenniin of PuU»l.

RKAI.. ^Wl**
In

Twrntv Xnmhcr..

'K.-e'ISSSi- 1
».

lirimfiemt

Charles P. Bardett,

Alexander V. Blake,
Robert B. Mintnm,
George W. Lane,

Robert L. Stuart,
Frederick Chaunccy,
iliiracd Gray,
"S-illiam

F.S.WINSTON, PRESIDENT

JOSEPH GILLOTT'S
STEEL PENS.

Charica Dennis,

Moore,

II. II.

Chirles

ISjK

mi.

CORIiniSSION

order of the Board,

Royal Phc'ps,

'THE—*/ r(

BnlldlDR)

in.

Chips' Ulgglne, Suapeoslon
^-.f Hrldgc*, Derrick Guy8,Ferry
A largo stoca
*<;/ Kopes, Ac.
constantly on hand froir
which any desired length
are cut. fl^AT STEEL AND
IKON KOl'KS for Mining

Jou.\
M.VSOJT
43 Broadtvay,

Tonune

next.

dined Plaues, Transmission
.of Power, Ac.
Also (jMu
van'aied Charcoal and BBtor

order.

Us

on the net earned premiums of the Company
for the year ending ?l8t December, 1977, foi which
certificstcs will be Issued on and after Tuesday, the

MINING AJIO

HOISTING PURPOSES,

;

of Fortjr per Cent.

Established <la
I

snperior quality

suitable for

/

YORK.

COTTON BROKERS,
No. 146 Pearl Street, near Wall, N. t.

The outstanding certificates of the Issue of 1874
wi 1 be redeemed and paid to the holders thereof,
or their legal representatives, on and after Tues-

By

SEW

James F. Wenman & Co.,

the outstanding
certiflcaies of profits will be paid to the holders
tncr.:or, or their legal representatives, on and
after
Tuesday, the 5th of February next.

May

BP.OAD STUEET,

255,36)08

Six per cent. Interest on

7th of

8B

63

$14,366,351 66

clared

R

Co.,

E. O. Richards,

00

treat.

ini§ccIlancou».

&

I

CashinBank

A Dividend

York.

OITON KAtnoKS A OMMISSION MKK. HANTS
4T Kr»»<l strm. N»w Vnrh.

the following Assets, tIz.:
United States and State of New York
Stock, City, Bank and other stocks. $10,568,958
Loans, secured by Stocks and otherwise
1,163,2£0
Real Estate and claims due the Company, estimated at
617,436
Premium Notes and Bills Receivable. ],7M,893

Total amount of Assets

Atlas Mail Line.

New

$2,568,890 tl

(

Asent, 55 Broadnraf.

Co.,

COTTON BROKERS,

The Company has

LOVIS DEBEBIAN,

&

Dennis Perkins

off from let JanoDecember, 1877.... (4,903,831 08

same period

H 'IT

•

«

Returns of Premiums aud
Expenses... $947,923 86

do not arry steerage passengers.
passage and freight apply to

>

$6,751,028

as

York: William B.Dana* Co.. Proprteiora Coaaam
oixL AKD FiKAHotAi, CBtoaicLS, and other Kaw
Vork Uoniea.

2,(M0,8«a 81

Loeses paid dating the

landing of Passentrers.

on tills favorite route, for the
onllnent—caoins provided witji electric bells— will
ail from Pier (new) No. 42 Nortll Ulver. foot of
ueBplendid vessels

Felix Alexander,

Risks.

ary, 1877, to SIst

VOKK AND HAVHE.

4,0.

Entire attention (riven to parrhue of COTTOM
for 8PINX8B8 and EXPOKTBRS.

upon Flro disconnected

Mulne

A

E V

8

CoKansroMDBHOt Boucitbd.
Rcfereneei :-Natlanal Bank of Aainsto, Geortta:
Henry Hentx * Co., CommlHion Merchaau, New

off

amount of Marine Premlnms.

R

OUDEIt

Primiums marked

DKTWKBN
lilincat Plynonrli for tiio

It*

No Policies have been Issned noon Life
Hlpks, nor

Moil Steamships,

marked

K

AIUVSTA. OBOBUIA.

K7tO,6«5 88

Policies not

January, 1877

let

The Hcncral Trans-Atlantic

I

COTTOX BROKER,
1878.

to 31st De-

cember, 1877

Premiums on

Line to France.

ToBK, Juiiuor 18,

In conformity to the Charter of tha

Company, eubmlt the following Statement of
affairs on tha Slut December, 1877
Premiums received on Marine Risks

ONLY
Direct

Co.

Wm.

,

Pier No. J3 Nortti Klver (toet of
t
OM, From
» «-. HI
i^y „rcet.)
B«»«»-roonisnn(iIlik(l« FOIi ISITHBItLlNK necured
ttStt Broad way and Ht ail otiices of Wuatcott'ct KTpresa
'ompany. Also ticlccu xold at all howi tielcer-ooices.
rcIiEllt. ria either lino. taRon at reduced rates.
1). S. BABCOCK, Preaident.

;l

Insurance

Yorlc and ProvlJenco.

FOR ALL POINTS EAST.
„

Mutual

OB

iiitcrme.

THE OLD UKLIABLE
T O .\ I X « T O N I. I H E

Co

OolIiqiMION mBH€MANTII,

President.

CHARLES DENNIS, Vice-President
W. II. 11. MOORE, 3d VIce-IVesldeat,
A. A. RAVEN, 3d Vice-President.

«tl ll.l.

ACTIOX.I

:?.-Mnr>Ir..inrlnf1iCff

tliepopa

-2-5-8- 5 "l^i^ir 3-16-18
1

aUlbeMotbyuatLtortrUl.oB ncelpt of t|3 Centa.

IvisoN,

138

Blakeman, Taylor & Coi'
110 Uraad Strccl, Xaw Tartu A.^

aail

:

THE

Vl

Cotton.

Woodward &
&

COMMISSION MERCHANTS,
17 Water Street, I.IVERPOOL.,

TOEK.

SECORITV.

BABCOCK BROTHERS & CO
EO Wall Stkeit.

&

Henry Hentz

Insurance Compan\

he purchase or sale of contracts for future dellTcry
of cotton.

anoWINS THE

Co.,

COXmSSION UIBRCHANTS,
&

174

176 Pearl

St

&

Co.,

LIVERPOOL, LONDON

Brown's BaildlnKS,

21

SUMMARY OP

COTTON

Solicit consignments of

orders for

ant',

tl

e

Purchase or sale of future shipments or deUrerlcs.

Advances made on consignments, and

Stone street.

New

all Informatloi.

WATTS &

afforded by our friends, Messrs. D.

YoiH, and Messrs. D. A.

BON, M Baronne

Street,

H. W.

&

Co., 51

OIYKN A

New Orleans.

H.

J.

Farley,

COTTON FACTORS,
COMMISSION

MERCHANTS,

FINANCIAL, AGENTS,
132 Pearl Street,
O

New

Boj: 3,909.

York.

Adrances made on Consignments.
Special personal attention to the purchase and sale

Of

''

AND GLASGOW.

CONTRACTS FOU FDTUKK DELIVKRT " OF

CO.,

CALCUTTA AND BOMBAY.
FOTUKE CONTRACTS FOR COTTON bought
New Y'ork

sold on commission In

ano

and Liverpool.

Lehman, Abbaham &

New

Lehman, Dubr & Co.,
Montgomery, Ala.

Co.,

Orleans, La,

LEHMAN BRO'S,
Cotton AND Factors
COnraiSSION niERCHANTS,
40 EXCHANGE PLACE,

&

Foulke,

&

Co.

131 Pearl Street,

New York.

*or the Durchase or sale of Contracts for Future

Pearl Street,

Co.,

COTTON COMMISSION MERCHANTS
AND

for the purchase or sale of

delivery of cotton.

NEW

TORK.

Geo. Copeland,

J.

C. Johnson

&

YORK

Co.,

C"TTON BUYERS FOR MANDTACTCTRBRti

WEinPHIN, TENN.

&

H. Tileston

Co.,

COTTON BDYKR8 A COMMISSION MERCHANTS
60 Stone Street, New York.
Ordnri In Futures executed at N. T. Cotton Exchange

[WALTER & KROHN,

F. Berje,

COTTON BUYER AND COMMISSION MERCHANT

RLEANS, tA.
Waldron & Tainter,
N E \y O

(Successers to

NOURSE

t:

BROOKS),

OENERAL COTTON inERCHANTS,
97 PEARL STREET,

NEW

Fntnr* orders pro0>''Ui exeoated.

YORK.

NEW

YORK,

'

D. Morgan

&

Co

Esq. (David Dows & Co.)
Esq. (Drexel, Morgan & Co.)

S. B. CHITTENDEN.
EZRA WHITE, Esq.
JOHN J. ASTOK, Esq.

Hon.

;

i

!

P.

BLAGDEI

MAN.\GERS,

54 William

Office

London

St.,

Netr Tork.

&

dr*

Globe

Insurance Company^,

44 Broad

Street,

Boston.

45 Willia7ru St.

Liberal advances made on con a I gum en ts. Prompt
Eersonal attention paid to the execution of orders for
be purchase or sale of contracts for future delivery.

E.

&

Jemison

S.

(Successors to

MOODY

ft

J.

Co.,

E.

PULSFORD,
Resident Manaobb.

JEMISON),

BANKERS, COTTON FACTORS

LyOmfnercial

AND

GENERAL COMMISSION MERCHANTS,
No. 123 Pearl Street, New York.
Advances made on Consignments. Future ConCotton bought and sold on Commission, In

tracts for

New YorK and

Liverpool.

LJnion Ins.
ALFRED

JETNA
Insurance
Refinfurancefund.

\

Company

Uiipaid loeaes, etc

NET

1877
87,115,684 42
$3,000,000 00
1,741,278 42
4*9,114 82— 5,170,388 24

1,

...

bUR^'LUS, Jan.

I,

No. 2 Cortlandt
JAS. A.

1877..

St.,

$1,945, 236 IS

New

ALEXANDER,

PELL,
Resident Managti

OF HARTFORD.
Total Assetr January
Capital

d

(OF LOxVnOA-),

Innarance.

BEAVER STREET, NE\r YORK.
L.

FABBRI,

'

Chairman,

AND

COTTON BROKERS,
S3

NSW FORK

Co.,

COmmiSSION mBRCIIANTS,
125 PEARL STREET,

130 PEARI. STREET. NEAT

or

COTTON

COTTON BROKER,

President.
Secretary.

LONDON AND EDINBVRGH,^

made on con-

&

7,960

British

Liverpool
R. Smith

B.

la,2S8:

Company

signments.

BANKERS,
54 BROAD STREET,

MARTIN,

North

orders

contracts for future

Liberal advances

J.

WASHBURN,

H.

J.

CHAS. E. WHITE, SAM.

Special attention paid to t^e execution of

&

R. M. Waters

CHAS.

E. P.

HEW YORK.

Delivery.

•M.m

A Dividend of FIVE Per Cent ha
heen declared, payable on demand.

(B.

GENERAL COMMISSION MERCHANTt
Ill

2I3.C«5

$6,180,873

DAVID DOWS,

No.

I

iio.aw

(market value of Securities, 1334,537 50)
Interest due on Ist of July, 1JJ8
Balance In hands of Agents
Real estate
Premiums due and uncollected on Policies
Issued at this office

SOLON HUMPHRKYS,

AND

Bpectal attention given to the execution of orders

8,(ai,553
8,a50.«26
190.812

Bank Stocks (market value)
State and Municipal Bonds (market, value)
Loans on Stocks, payable on demand

Co.,

Cotton Factors

mERCHANTS,

.

on

United States Board of Maoageineii'

&

Ware, Murphy

GENERAL

GOniiniSSION

»246,U5

first lien
real estate (worth W,S15,000)
XTnlted States stocks (market value)

Orders executed at the Cotton Exchanges in New
York and Liverpool, and advances made on Cotton
and other produce consigned to us, or to our corre-

COTTON.

Bennet

$6,180,T73T

and Mercantile Insurano

Ne-w York.

spondents In Liverpool, Messrs. B. Newgass
and Messrs L. Rosenheim & Sons.

5

ASSETS.

Banks
Bonds and Mortgages, being
In

Total

AlTD

P.

CO.,

FINLAY, lOUIR &

inessr*.

1,79.5,699

206,131 2
1,179,042 3

TOTAL ASSETS

Also execute orders for Merchandise through

LITERPOOL,

Reserve for Re-Insnrance
Reserve lor Unpaid Losses

NetBurplus

Cash

JAMRS FINLAY &

niessra.

Condition of the Company on the Brt
day of July, 1878.
CASH CAPITAL
$3,000,000

New York.

,

BROADWAY.

135

Semi-Anunal Statement,

Fiftieth

Adrances made on Consignments to

C. Watts

OF NEW^ YORK,
OFFICE, No.

,

GENERAL

made on ConsIgnmenU.

Special attention paid to the execution of orders for

W.

HOME

Receive conHlgaments of Gotten and other Produce,
and execute orilers at tlie Exchanees In Liverpool.
Represented In New York at the office of

GENERAL COMMISSION MERCHANTS
I.OAIVS nADi: ON ACCEPTABLE
Liberal adTances

In^iurance.

F.BABCOCK&CO.

Stillman, B.

T6 ITaU Street,

NEW

[Vol. XXVIi.

Cotton.

BBAMKN'S BANK BUtLDINa,

Nor. ?4

HRONICLE

(

York.

Asent.

Sr

&

D.

W. Lamkin &

39 Wall

Street.

Co.

Cotton Factors,

vicKSBrRG, mss.
Orders to Purchase Cotton In onr market solldtei
Refer to Messrs. THOMAS J.18LAU(}HTEB.N«'

York