Full text of Commercial and Financial Chronicle : November 21, 1874, Vol. 19, No. 491

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AND
HUNT’S

MERCHANTS’

MAGAZINE,

$ 3W**fett) §*w*jpxpev,
REPRESENTING THE

INDUSTRIAL AND COMMERCIAL INTEREST!

VOL. ]9

THB CHRONICLE.
Currency Movements to the In¬
Latest Monetary and Commercial
terior
The I nternal Revenue Report...
Cotton Spinning in the United
States..

513

514

English News
Commercial and Miscellaneous
News
>

••••••**

•

580

THE BANKERS’ GAZETTE.

Market, U. S. Securities,
Railway Stocks, Gold Market,
Foreign Exchange, New York
City Banks, Boston Banks,

Banks,

etc

591
524
5*5

t.

Quotations of Stocks and Bonds

New York Local Securities
Investment and State, City

Philadelphia Banks. National

and

Corporation Finances

THE COMMERCIAL

Epitome

526

TIMES.
584
585

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THE CURRENCY MOVEMENTS TO THB INTERIOR.
A wholesome

change

seems

to have

begun in the

monetary movements of the West, and the bank state¬
to-day will no doubt show that currency is begin¬
ning to flow from this city for the purpose of moving the
crops. The recent stagnation of the loan markeit resem¬
bles in its superficial aspects that which followed the
great panic of 1866 in England.
Some persons are
ment

beginning
in

our

inquire whether these Symptoms of languor
financial circles are likely to be as
dilatory in pass¬
to




think with good reason.

It is well known
panic of 1886
placed that event in a totally different category from our
crisis of 1872.
Never since the breakdown of the Eng¬
lish credit system of 1825 has the Bank of England
be^i
that the

we

causes

and the nature of the

strain than in 1866.
The whole
machinery of British finance, in all its departments,
put to

a

severer

paralyzed by |the shock.
Its amazing recupera¬
slow to produce a reaction than
they had ever shown themselves before. Men who have
thoroughly investigated the situation tell us that in the
next panic in England, which, according to the
popular
belief, may be looked for after an interval of ten years
from 1866, England will probably suffer from a similar
lack of recuperative elasticity. However this may be, it
is certain that the recovery was extremely slow and the
reaction
unusually languid after the Overend and
Guemey disasters. Many causes have been assigned for
this tardiness and want of elasticity.
Some of these we
have lately referred to.
What we wish now to insist
upon is that the two crises were so different in their
character that we can not argue frem the one to the
was

529 I Dry Goods
580 I Prices Current

1

as they were in England after the panic referred
To this question a satisfactory answer is
usually

given, and

518

515

Konev

NO. 491.

ing off
to.

The Commercial

JF THE UNITED STATES.

SATURDAY. NOVEMBER 21, 1874.
CONTENTS.

Commercial
Cotton
Breadstufts

■it

tive powers were more

other.
If

opinion is correct, it leads to several important
First, it confirms the conviction which is so
generally held throughout the country, that the quietude
of business is a healthful symptom. It foretokens re¬
turning vigor and renewed enterprise. It shows that
our people all over the country are economizing; and
every one knows that to economize, to save, to give free
course to the forces of frugality, are among the most
powerful methods by which the national wealth accumu¬
lates. Secondly, it is a maxim of political science that
no nation can long accumulate its wealth by economics
such as we are practising without setting the wheels of
industry in swifter motion.
One of the numerous com¬
pensations which the panic seems destined to confer on
this country is that it has inspired our people with
the desire and the determination to be saving of their
wealth as well as energetic in its production a»& distri¬
For these and other reasons, we have uniformly
bution.
regarded as hopeful the prospects of our commerce and
finance since the panic. The result so far has given
abundant corroboration to the hopeful views of the
situation, and if any of our readers are disposed to lose
confidence because business does not revive more swiftly,
they will see reason, on reflection, to conclude that here,
as in so many other great movements, it is best and
our

inferences.

safest to “ hasten

•lowly/

514

,<Ws.

[NoveD*b#f*^1874i

iclr
B

II

Still, as we saidftferC is
before long some si£ns of

=S=£
stamps shows a notable decrease, while
tobacco and other sources is more steady. To
V

‘ground forth'#exfiectatiokthat

rom

increase
the receipts from] spirits, Mr. Douglass proposes to add
may^xegard^the present; moyefocpt of currency to the ten cents per gallon to the present tax. This increase
West ai|4 South as a harbinger ofpfetter things to come. would meet with little
opposition from the distillers, and
f a yery
Of ib^uiii there areObst&cJos t
it Would be in accordance with the principle of depend¬
dable character.
Vi:
%•
ing upon spirits for the larger part of the internal reve¬
on^ne Way t<> improvenient, whioh cannot be^yery%jong
nue.
The foregoing table illustrates the atmual growth
delayed. One of these obstacles is the present ^position of this cardinal principle of our fiscal policy. In 1870
of the Bank of England., Its reserve has fallen to 20
and in 1871 the spirit tax yielded considerably less than
millions sterling, which is a point that is never reached
one-third of the aggregate revenue from internal taxa.
without anxiety and alarm. The danger is-enhanced by
tion. In 1874 it yielded nearly one-half, and the next
the fact that the joint stock banks of London now hold
year, even if no change be made in the law, the propor¬
deposits to the amount of more than 100 millions sterling, tion is expected to be greater still. The aggregate rev¬
and are not required by law to keep any coin reserve. enue from spirits, tobacco and fermented liquors is 92
Hence the habit has sprung up among them of keeping
millions of dollars for 1874, against 95 millions for 1873,
a balance in the Bank of England, and trusting t5 that,
91 millions for 1872, 87 millions for 1871, and 92 millions
as if it were a coin reserve of their own.
The con¬ for 1870. The
principle of relying on a few sources for
sequence is that of the 20 millions of specie and bullion
internal revenue has been borrowed from the prac
n the Bank of England, one-half is liable to be drawn
tice of Great Britain.
As the extent to which this prin¬
out by the joint stock banks ; whose balances in the
ciple is carried by the British fiscal system constitutes
Bank of England at critical periods run up from their
the chief difference between that system and those of
usual average of 8 millions sterling to 11 or 12 millions.
continental Europe, we, illustrate it by the following
The result of this anomalous state of things is that the
table, which we compile from the official report lately
Bank of England is much less strong in actual reserve
issued in a parliamentary document:
than it seems to be. Moreover, the situation is just how
GREAT BRITAIN.
Internal Beven
worse in consequence of the expected trouble in the
From
from\
ending
money markets of continental Europe which the Bank
spirits.
31,
£23,998,880
£5,412,777
£8,950,195
£17,901,545
of France is so successfully strengthening herself to 1859
24,891,084
6,648,881
9,778,960
20,240,467
1860
meet.- The causes of this apprehended stringency are
23,278,250
6,206,813
9,225,539
1861
23,692,955
5,868,302
9,618,291
well known. They arise chiefly from the belief that 1862
24,038,893
6,389,908
9,399,707
1863
23,234,356
Germany, at the beginning of the new year, will demon¬ 1864
6,092,736
9,692,575
22,527,573
6,394,553
10,176,731
etize silver, and will thus throw the foreign exchanges into 1865
19,428,224
21,302,239
6,421,260
10,437,168
19.818,163
confusion. From the cable dispatches of the last day or 1866
22,299,066
6,616,385
10,855.849
20,708,323
1867
22,664.981
6,302,419
two it seems as though the financial position assumed by 1868
10,511,530
20,190,333
22,434,737
6,527,708
10,556,218
20,475,740
1869
the Reichstag may result in postponing the intended
21,499,843
6,483,612
10,969,189
21,879,238
1870
20.238,880
6,978,871
11,463,899
monetary changes to a future time. If this expectation 1871
22,833,907
20,225,892
6,670,955
12,274,596
23.386,064
be fulfilled, the pressure on the Bank of England may 1872
20.976,236
7,544,175
13,749,542
1873
20,323,325
7,753,617
14,639,562
perhaps relax ; but it is impossible to regard the present 1874
between
relations of the English money market to our own without
These statistics set in a clear light the analogy
anxiety. It will, of course, suggest itself to every one, the English fiscal' system and our own. It will be
that any trouble which might occur in the European
observed, however, that there is one marked difference
money markets would have much less power than for¬ between the two.
England, during the first half of this
merly to produce' a responsive stringency here. But the century, diminished her internal revenue, year by year,
prospects are that the difficulty will for the present be because of its unpopularity and its heavy pressure upon
tided over.
the industry of the people.
Since the gold discoveries
of 1848, and the immense industrial activity which they
THE INTERNAL REVENUE REPORT.
called into existence, a different fiscal principle has been
The elasticity of the revenue during the last fiscal year
adopted, and the internal revenue has been relied upon
has given a gratifying aspect to the report of Mr. Com¬
for a larger share of Government income than the cus¬
missioner Douglass which has just been published. The
toms duties.
This policy was well adapted to the
receipts exceed the estimates by nearly three millions ;
changed circumstances of the British people, and it was
the net receipts being $102,644,747, against 114 millions
made beneficial to industry by the scope it afforded for
for last year, and 130 millions for the year before.
Of the policy of deriving the customs duties chiefly from
this sum the tax on spirits yielded 49 millions against 52
spirits and tobacco. In this country the heavy burden
millions for the previous year. From tobacco the revenue
of our debt obliges us to rely on larger relative receipts
was 33 millions, from fermented liquors 9 millions, and
Our struggling industries prevent our
from customs.
from stamps 6 millions.
How these sums compare with fiscal system [from enduring internal taxes to so heavy
the receipts from previous years is shown in the sub¬
amount as during the war.
Consequently, for several
joined table:
years past, the progress of our fiscal reforms has
INTERNAL REVENUE—FISCAL YEARS ENDING JUNE, 1870 TO 1874.
tended to diminish the internal revenue ; while the cus¬
1073.
1872.
1870.
1874.
1871..
toms duties have scarcely been seriously curtailed, except
From
$
$
%
$
$
Spirits
49,444,090 52,099,372 49,475,516 46,281,848 55,537.851 by the repeal of the tea and coffee duties. It is, how¬
Tobacco
33,242,876 34.386,303 33,736,170 33,578,907 31.318,536
Fermented liquors....
9,304,680 9,324,938 8.258,498 7,389,502 6,260,728 ever, well known that this repeal offers quite an excep¬
Banks and Bankers...
3,337,161 3,771,031 4.628,229 8,644,242 4,409,03q tional instance of a retrograde policy.
It is ascribed to
14,436.862 19,162.651 36,213,346
6,136,844 7,702,377 15,296,470 14,529,885 15,611,003 the influence of a lobby whose fiscal achievements in the?
Stamps
Miscellaneous
1,029,096 6,791,435 5,088,350 18,611,297 18.535,579
repeal of these taxes are now seen to have inflicted a
heavy loss on the Treasury with no commensurate gain
Total from all sources. 102,644.747 114,015,456 180,890,097 143,198,322 133,634,833
It will be observed that the revenue from spirits and to the tax-payers. The subjoined table shows the pro*^Sfc:isSjK

-

activity will spring up, and we

'

our

REVENUE OP

Total

all sources.

Mar.

......

....

an

RECEIPTS OP

ncome




Customs.

ue

Year

....

From

From
malt.

.

all sources.

-

November

portion between the customs and internal revenue of our
Government for several years past. It illustrates the
changes which have taken place, and when compared
with statistics given above, it will serve to elucidate

differs

points in which our tax-system
that of Great Britain:

still further the
from

COMPARATIVE BE YE HUE OF THE UNITED STATES FROM
*
NAL TAXES, 1863-1874.

1863
1864

102,316,153

1865

84,928,260
179,046,651
176,417,811

1867
1869

1872

114,075,456

1873.

349,468,530
347,260,383

206,270,208
216,370,286
188.089,522
163,103,834

143,198,322

1874...

302,164,978
205,748,581

shows that under the operation of the
principle we have expounded, the internal revenue fell
from its highest point of 309 millions in 1866 to onethird of that sum, or 103 millions, last year. The report
we are examining recommends the abolition of several
This report

We here have a

are

at

STATEMENT OF THE NUMBER AND

STATES.

July 1, 1874.)

well repay
are

aware

information gathered will

the time and labor expended. The most of our readers
that we have obtained these results through the

machinery bequeathed to us by the “ National Association of
Cotton Planters and Manufacturers,” an organization existing

and 1870, and in those years gathering
‘
great expense and publishing in tabular form the first authen¬

during the years 1868,1869
at

tic statement of the

•

\

actual consumption of cotton by

the mills in

That Association ceased to work and to exist in
Through its former Secretary we, this summer, undertook

this country.
1870.

supply the want which has ever since been felt for these exact
and useful statistics, and our efforts have resulted so satisfactorily
we

intend to repeat the

investigation annually.

year3, as

50,000

this

progress

indicated by spinners,

CAPACITY OF COTTON MILLS IN

STATES, AND THE CONSUMPTION OF COTTON,

^ . Yarn Averag Averag
Number
size
t
runig
Mils. i i
§

of

States.

«i Q*

j

1, 1874.

:
•

if 1

•*i
:

§.8

:

1?

of

j

THE UNITED

YEAR ENDED JULY

til
time fkt

«

\

1
.

lbs.

^
*i

|
bales.

lbs.

1

Northern States—
24 12,415 609,898 2523 50-71 59 67 86,473,547
Maine
855,189 2343 5146 69 89, 59,759,469
42 20,422
New Hampshire
10
58,948 29*75 46 34 46 84 2,734,107
1,274
Vermont
194 71,202 3,769,692 28-55 4989 53 93 203,325,299
Massachusetts
115 24,706 1,336,842 35-20 4810 43 51 58,146,985
Rhode Island
104 18,170
908,202 81-40 4845 53-43 48,514,613
Connecticut
47 70 4222 24,536,249
55 12,476
580,917 32
New York
53-50
8,078,647
New Jersey
* 17 2,070 150,968 29-30 51
37,989,726
60
9,772 452,064 17-51 42-80 34
Pennsylvania
3,174,174
796
8
47,976 2224 49-66 66*14
Delaware
21
2,299 110,260 11-60 4785 17484 19.222,703
Maryland
5
236
20,410 11-83 3680 89 48 1,826,304
Ohio
3,671,227
4
618
22,988 14-56 47 44 159
Indiana... ;
99-41
52
338,000
24
1
3,400 3
Minnesota, .t

78,607
128,792
.* 5,895
438,201
125,317
104,557
52,880
17,411
81,872
6,841
,41,438
3,936
7,912
•

<

728

Total Northern.. 660 176,480 8,927,754 2856 49’33 56*86 507,790,099 1,094,387
Southern States—
13,772
16
57,594 1050 4837 11288 6,400,079
Alabama
1,360
293
51
121 69
2
136,000
28
1,256 12
Arkansas
89,920
42
2,934 137.330 12-71 47*77 133-57 18,522,899
Georgia
4,047
42
4
10,500 6-26 49*24 178 86 1,878,020
Kentucky
2,790
47*02 86-31
1,294,560
3
300
15,000 12
Louisiana
2,545
1,138,804
348
11
15,150 11-33 39-20 7517
Mississippi
7,288
382
4
18,656 10’75 49*66 183-25 8,481,573
14,726
30
55,498 1208 4652 128 10 6,832,673
North Carolina
1,055
15,870
18
62,872 13 36 39 67 11325 7,134,558
1,238
South Carolina
13,518
6,272,458
42
47,058 12'82 5110 133-38
1,014
Tennessee
2,755
47 02 127 80
1,278,125
230
4
10,225 12
Texas
47 57 95-23
11,496
5,334,025
11
56,490 16
1,564
'

•

Total Southern.. 187
Recapitulation.

Total Northern
Total Southern

Grand total

at
as

487,629 12 6 47 02 122-53 59,793,774

10,495

060 176,480 8,927,754 28-56 49. as 5686
187 10,495, 437,659 12 5 47 02 122 53
847 186,975

We here see that the

128,526

507,790,009 1,094,887
59,793.774 | 128,526

9,415,388 27.73 4826 6029 567,583,873 1,222,913

number of spinning spindles in

theTfhlted

the first of July, 1874, was 9,415,883, against 7,114,000
the same date of 1870, and 6,763,557 at the same date of 1869,,

States

on

follows

:

Yam, At. per
Av’age. Spindle.

Looms.

10,495

9,415,388

27*78

^0

6,851.779
262,221

28%
12*

5087
19423

7,114,000

28X

52'08

6,538,494
225,063

28

12%

138 12

6.763,557'

Total 1870.
1869.
North
South

5686
122-53

153,534

South

2856
12 5

147,682
5,852

Total 1874.
1870.
North

8,927.754
487,629

186,975

North
South.

Spindles.

176,480

1874.

27%

6488

Total 1869

The above records a very

33 per
CAPACITY AND CONSUMPTION

*85,000

»>««.

11,137,540 1,251,127 1,220,943

to

that

■

■40,000

Virginia

length able to make public the full returns

satisfied that the usefulness of the

:

*£01,1*7 1,305,943

•••tv.

takings of raw cotton.
Turning now to the figures
obtained through the manufacturers themselves, we reach very
similar results.
In giving our tabular statement of the capacity
and consumption of the cotton mills in each State, it should he
remembered that we of course report only those mills 'which'
spin cotton. There are many mills—as, for instance, in New York *
and in Pennsylvania—entered upon the census, which buy tbefr
yarns and weave only; they consume no cotton.
Heftce* <ror
number of mills will be found to differ considerably from lists fur¬
nished by directory books and from the census reports. We repeat,
then, that it is only spinning spindles we include. With thlB
explanation, we now give the following statement showing the
results of our investigation as to number of mills, number of;
spindles, consumption of cotton, &c., in each State, North and
South, for the year ending July 1, 1874 :

of the
cotton manufacturing industry of the United Statej, for the year
ending July 1, 1874. Efforts to render the work complete have
delayed our report beyond the time intended. We publish it
now, however, with entire confidence in its substantial accuracy,
We

i

•3

annual

including the stamp tax on bank checks, matches,
patent medicines, perfumery, cosmetics and other pro¬
prietary articles. The tax on matches might doubtless
be with advantage ^dispensed with, as it yields but
$1,200,000, and probably entails a burden of twice that
sum in the enhanced price to the public.
The English
Government, as our readers will remember, attempted in
vain to impose a similar tax sbme years ago. As to the
other taxes on the internal revenue list, any proposition
for their repeal will be looked upon with disfavor in the
present and prospective condition of the National
treasury. However satisfactorily the elasticity of the
revenue may have been exhibited during the past year,
the wants of the Treasury will scarcely justify any
changes which might seem to diminish its resources.
The public will not soon forget that our Treasury sur¬
plus, which for many years has been ample, was last year
in imminent danger of being converted into a deficit.

(Report for the Year Ending

H*

1

£8 88

1,097,540

good indication of the rapid

during \ate

industry has made

”

mills.... 930,736

Total consumption of

taxes,

COTTON SPINNING IN THE UNITED

33^876

Reduct’nof mill stock during year.

187\662

190,000

1874.

-•

977.540 1,063,465

91,240

■

896,860 'i-A

f8

338,404,886
373,178,207

194,538,374

90,000

1873.

1872.

bales. 806,860 1,008,956

by Northern mills
by Southern mills..

Added to mill stock during year...

365,552,189

164,464,600
180,048,426

1868

Taken
Taken

$105,700,430
*12,057,287
294,392,475
488,273,464
442,445,348

$69,059,642

1871.

1870.

Aggregate.

Revenue.

1566

reproduce from those reports the following statement of the con¬
sumption of cotton by our mills each year since 1870: ,

CUSTOMS AND INTER*

Internal

Customs
Duties.

1870.
1871

515

THElGHBfiNIOak

21,1874.]

rapid progress since

cent in the number of

29

6070

1870, being about

spinning spindles.

OP THE MILLS.
GOODS MANUFACTURED

THIS YEAR.

and their approximate
No portion of our inquiry has been more difficult than the
consumption, we have made up for our cotton crop report from
As a preliminary, therefore, to our mill returns, we" obtaining of statistics with regard to production, and no
year to year,
The

takings of cotton by onr spinners,




1

*'

interest. The most
notable feature is the enormous production of print cloths.
It is
to be regretted that we have no figures for previous years with
which to make comparisons, or by which we could show the
growth of this branch of manufactures, but it is well known to
have increased rapidly of late years.
Of course we do not claim
that these results of quantities and kinds of goods are as exact as
the returns of consumption; but we believe they are as close an
approximation as the nature of the case will permit.
one

JOBBERS PRICES FOR

of the result* reached possesses more

•TATIKENT OF THE KINDS AND

New

England
Siates.

Threads,

yarns

& twines

(lbs).../
Sheetings, shirtings,

TSAR ENDED

Middle
<t Western
Suites.

Total

Total

Northern

Southern

United

States.

States.

States.

82,000,000 99,000,000 181,000,000 18,000,000 149,000,000

and

similar plain goods (yds) 520,000,000 90,000,000 610,000,000 97,000,000 707,000,000
Twilled and fancy goods,

Osnabnrgs, Jeans, &c.,

PrCat*c]otha (yds.)
Ginghams (yds.).
Ducks (yds!)
Bags (number

904,000,000 80,000,000 284,000,000 92,000,000 806,000,000
586,00p,000
481,000,000 107,000,000 588,000,000
83,000,000
30,(too,000 3,000,000 38,000,000
30,000,000
14,000,000 16,000,000 80,000,000
6,000,000
1,000,000 6,000,000
5,000,000

Besides the above there is

a

large production of hosiery and

?

good*, made of cotton by itself or mixed with wool, of whieh
able to give no satisfactory statement.
Another year we
hope to push our investigations as to production in every direc¬
tion, and perfect whatever in our present report is incomplete.
COURSE OF MARKET FOB

2.

August

16.\

“

*3.
30.

“

September 6.,
“

13.
“
20.
"
27..
4..
October
“
11..
“
IS..
“
25..
November 1.
“
8..
“
15..
“
22..
“
29..
December 6..
“
IS..
“
20..
“
27..

In the

same

cotton market

past year were the September panic, the gradual but constant
decline in cotton, and the large production of goods.
The latter
point we notice further on. With regard to the panic, little need
be said.
No result of importance was effected by it.
There
was a temporary, partial, and in some cases a total suspension of
work among Northern manufacturers, but the work of new
spindles set up during the previous year almost compensated for
this temporarily reduced consumption. In fact, the most of our
goods in the six months inclu¬

months previous. Nor did any
change result as to the manufacture of coarser or finer goods,
the production being nearly of the character of the previous year.
Prices, however, were materially affected by this cause, but not
ding the panic as in any six

when the full force of the monetary
disturbance broke upon the market, cotton at the same time
touching 13|c. for middling uplands, having previously and con¬
stantly declined from early in September. Perhaps as good an
index a* we can have of the course of the market may be found

following statement of the weekly sales of (64x64) print
cloth at Fall River, with the prices of sales each week.
in the

1873.

Week ending

Pieces
sold.

August

15,000 6*©6*
15,000 6*©6*
6*
65,000
6*
120,000
400,000
6*
200,000
6*
6*
150,000
75,000
6*
6*
15,000
15,000 6*©6*
6
15,000
50,000
5*

4

“

11

“

18

“

25

November 1
“

8
15

“
“

22

29!.’..’!.’!!

15,000 5*@5*
110,000 5©5*
15,000 5*©5*
200,000 5*©5*
150,000 5* ©5*
6

20,000
15,000

December 6
“
18
“
20
“
27

January

Prices.

6*
25,000
6*
20,000
15,000 6*©6*
6*
25,000
6*
20,000

July

October

PRICES OF PRINT CLOTH.

6©6*
6©6*
30,000 6*©6*
15,000 6©6*
60.000

3,1574...

Total six months. 1,870,000

1

1874.
Week ending

January
“

“
“

“

“

March
“

“
“

April
“
“

May
“
“

June
“

“
“

July

10

6
6

40,000

240,000
470,000
75,000
500,000

14...
21
28

7
14
21
28

4

6
6

6@6*

6
15,003
6
30,000
15,000
5*
300,000 5*©5*
15,000
60,000
540,000
5*
25,000
5*

5*45*

13
20
27

20,009
5*
30,000 ’5*©5*
30,000 5*©5*
25,000 5*©5*
120,000
5*
100,000 5*@6
175,000
5*©6
120,000
5*@6
25,000 5*©5*
56,000
5*
40,000
5*
125,000 5*©5*

4

75,000 5 *©5*

11
18
25..

2

9
16
23
30

6

Total six months.

It will be noticed that the total sales for
was

Prices.

.

3,266,000

1,870,030 pieces, against 3,266,000 pieces for the first
We are informed that these totals compare

■ix months of 1874.
very

closely with the difference in production during

the periods

mentioned, the mills at Fall River having stopped entirely a por¬

August and been on short time some of the balance of the
We now add the jobbers’ prices at New York of leading
styles of goods to complete the record, though of course but an
imperfect guide to the amount realized by the agents :
tion of

year.




January
*4
44

44

46

March

12)4
12)4
12)4
12)4
12)4
12)4
12)4
12)4

12)4
10)4
10)6
10)4
10)4
10)4
10)4
10)4
10)4

1873-4.

44

44
44

May
<4

e

it
44

June
44

44

1

44

8*

10*©*
9*
9*
9*
9*©*
9*©*
9*
9*©*
10©*
9*©*
9*
9*
9*@10

20* 22*
20* 21*

10

16

9*®*
9*
9©*
8*
8*
8*
8*©*

%

44

•

4

4

44

44

February
it
44

8*
8*
8*
8©*
8*
8*
8©*
7*©*
7*

26.
2.
9.
16.
23.
30.
6.

January
•

8*©*
8*

8
13.
20. 7*©8

27.(

7*

12

11
11

11
11
11
11
11
11

c.

18*
17*
18*
18*
16*
15*
15

18*
15*
15*
16*
16*

10*

io*@* 16*
16
10*

9*
9*
9*
9*
9*
9*
9*
9*
H)$ 9*
H)$ 9*
H)$ 9*
11* 9)$
H)$ 8*
H)$ 8)$
H)$ 8*
11* 9)$

11

11
11
11
11
11
11
11

10)$
10)$
10)$
10)$

10)$
10)$
10)$

10*
10*
10*
10*

10*
to*

10*
10*
10*

New York and Liverpool

Week.

-

1878-4.

19

18*
19*
19*
19*
19*
19*
19*

19*
19*
19*
19*
19*
20*
20*
20*
20*
20*
20*
21*
21*

N. York.

March

1

1

“
“

41

April
44

May
4

4

44

June
44

44

{July
44

August
44
44

1872-3. 78-4 72-3

d.

d.

C.

16*
10*
10*©* 16*
16*
9*
16*
9*
10*
15*
9*©10 15*
16* 21
9*
16* 20*
9*
16
20*
9*
.

12
12
12
12
12
12
12
12

Liverpool.

1872-3. 73-4 72-3

9
9

4

12

10
10
10
10
10
10
10
10

statement of .the fluctuations of the
interest, and we therefore give the

12.
44
19.
44
26.
3.
October
44
10.
4
17.
44
24.
44
31.
November 7.
44
14.
44
21.
4
28.
December 5.
44
12.
44
19.

8*
8*@9

12
12
12

4
11
18
25
2
9
16
28
30
6
13
20
27

44

12)$
12)$
12)$
12)$

12

28

April

13

13
13
13

12
12

*1

4r

12)$ 9)$ 10)$
12)$ 9)$ 10)$

a

Septembers.
44

7
14

44

I

St

<k>

12*
12)$
12)$
12)$

14
21
28

4 i

.

12X

February 7—...
44
44

Ow

12
12
12
12

3
10
17
24
31

N. York.

c.

6. 7*©* 9*©*
18. 7*@8 9*
20.
9*
8*
27. 8*©* 9*©*
3.
9*@*
8*
10.
9*
8*
17.
8*
9*@*
24
9*
e
1. 8*©* 9©*
8. 8*©* 8*
15.
8*
8*
22.
8*
8*
29.
8*
5. 8*©* 8*
12. 8*©* 8*@9
19.
8*©9
8*
26.
8*
8*
3.
8*
8*
10.
8*
8*
17. 8*©* 8*
24. 8*@* 8*
M.
8*
8*
7.
8*
8*
14. 8*@* 8*
21.
8*
8*
28.
8*
8*

8*

„

8*

c.

16* 20*
16* 19*
16* 19*
16* 19*
17
1»*
17 * 19*
17* 19*
17* 19*
17* 19*
17* 19*
18* 19*
18* 19*
18* 19*
18* 19*
18
20*
17* 21
21
17*
17* 21
IV* 20*
17* 21
17
17

21

20*
17* 20
19*
16* 20
16* 20*
17

figures make it scarcely necessary to add that the
year has not been a satisfactory one to the manufacturer.
Prices
of cotton, though constantly declining, have not declined as
rapidly or as largely as the goods market. Probably the actual
decline of cotton manufactures since October, 1873, has averaged
The above

9@10c. per pound, and in some cases more, but during
time cotton lias fallen only 2i@3c. per pound.
Not¬
withstanding this, the spindles (except for a brief period during
the panic) have been generally kept busy until this fall, and the
goods sold, though at great concessions of price. Stocks held
now by manufacturers are small.
There may be a few excep¬
tional cases of large stocks, but generally the production has
been sold, and the sacrifice necessary to effect sales has forced
manufacturers this fall to run on short time, making a further
at least

same

increase of

price in the cost of the production per

pound.

ACTUAL COST OF PRODUCTION.

To show the

manufacturing

present condition of the cotton

of the current wholesale
prices of the three leading styles of Jplain brown cottons, and of
the cost of producing them severally.
The present wholesale
business,

we

have prepared a statement

prices are as follows:

-

No. 32 yarn, 7 yards to the pound. Price
Light sheetings
No. 22 yarn, 4 yards to the pound—
Standard sheetings, No. 14 yarn, 2 85-100 yards to the pound
Printing cloth

cents. 5?*

7#
9

goods, say strict good ordinary Texas
low middling upland (old classification),
an average of 15^c:
Its waste in manu facture, including about 5 per cent for bagging and bands, is an
average of 13 per cent net of the weights of cotton in the cloth,
or about 15 per cent of the gross weights of the cotton in bales,
equal to 2$c., making the cost of cotton in the cloth 17 63c.
The cost of manufacturing, as usually and properly made up at
the mills, includes labor, mill expenses, current repairs, and all
other charges, but does not include any rent or interest on the
Cotton suitable for these

the last six months of

$

d.

the

17
24
31

February 7
“

Pieces
sold.

o

12)4
12)4
12)4
12)4
12)4
12)4
12)4
12)4
12)4

Drils. Stand r flIt
Standr £

Shetings.

1874.

d.

until about the last of October,

SALES AND

connection
will be of

Liverpool.

1873-74.

prominent influences affecting the goods market the

mills turned out and sold as many

..

52

weekly prices of middling uplands at
for the last two years ending Sept. 1:

Week.

The three

Standr Prints. Standr

13)4 1’* 11
13)6 14* 11
13* 14)4 11
13)4 13)4 11
13
13)4 11
13
13)4 11
13
13)4 11
13
13)4 11
13
13)4 11
13
13)4 11
13
13)4 11
13
13)4 11
13
13)4 11
13
13)4 11
13
18)4 11
13
13)4 11
13
13)4 11
13
13)4 11
12
12)4 10
12
12)4 9
12
12)6 9
12
12)4 9
12
12)4 9
12
12
9)4
12
12)4 9)4
12
12)4 9)4

July

knit

we are

rg Dril s

1878.

MANUFACTURED
JULY 1, 1874.

Total

1873-74,

'

QUANTITIES OF COTTON GOODS

IN THE UNITED STATES FOR THE

1373

| November 2l, 1874.

CHRONICLE.

THE

516

other Gulf staple, or
will now cost in the mill
or

November
-

21, 1874.]

-I

317

THE CHRONICLE.
t

the mill property, nor any allowance for its yearly depre¬ must either be decreased or our own circle of consumers enlarged.
ciation, nor the .expenses of selling the goods, such as transporta¬ We cannot accept of the former alternative—we have not too
tion from the mill, commissions and insurance.
The cost so many spindles; we should have twice as many, considering our
But it is evident we
made up is taken by manufacturers to be, and actually is, the favorable situation for manufacturing.
have too many for our home market, and our goods cost too much
same per number of yarn, per pound, on all these plain goodsThat cost varies from
mills to 6| mills'per number, per pound, for competition with other manufacturing peoples in markets
This ought not to be with our cheaper and
in different mills, according to their organization, condition and common to both.
management. The rate of 4£ mills is extremely low, reached by better cotton, and would not be, but for our own high cost of
We have not
very few factories; while 6| mills is an extravagantly high cost. living, rent, fuel, provisions and supplies to mills.
The mean or average is probably 5£ or 5| mills per number. the space now to point out the causes of these unfavorable
conditions; they are easily determined and it becomes our manu*
The cost, then, of manufacturing a pound
facturers to see that the proper remedies are applied, so that our
Of printing cloth is, for No. 32 yarn
Cents. 16 80
Of light sheeting
11*55 field for seeking customers may be enlarged by permitting us to
No. 22 yam....
Of standard sheeting... .No. 14 yarn
7*35
compete with England and Holland in the markets of the world.
Add to these severally the cost of the cotton (in the cloth), 17'65c,
There is no reason why in all but the finest goods this much
and 2 per cent for expenses of selling, and we have the cost at
desired end should not be reached. Turning to the period before
mill of these goods, per pound of
the war, the comparison is not at all favorable.
Notwithstand¬
7 yards printing cloth
.3512c., or per yard.
cents. 5*02 ing our experience, and knowledge and capabilities for manufac¬
4 yards light sheeting,
29*76c., or per yard
7*44
2*85 yards standard sheeting, 25*48c., or per yard
8*94 turing cheaply are now so much greater than then, we exported
These figures of cost include no allowance for depreciation of in 1874 of our cotton manufactures only a value of 3 million rag
mill, which should be at least 6 percent on the perishable portion, dollar against about 11 million gold dollars in 1860, the movement
equal to 5 per cent on the production at present values, nor for for 18G0 and 1859 being as follows:
cost of

interest

on

the investment, a proper

charge before profit can be

Many manufacturers have a heavy debt, carrying a
large interest account. That must be met out of earnings, and
counted.

in
a

cases

very

Year

ending June 3 ).

MANUFACTURES.
1860.

|

1859.

Total value

considerable loss at present prices.

$3,356,449
1,403,506
382,089
5,792,752

$2,820,890
1,302,381

Ofhor manufactures

where that exists it is evident that the manufacturer has

HOW TO MAKE MANUFACTURING

EXPORTS OF COTTON

$10,934,796

$8,816,222

Printed, painted, or dyed
White and other duck

rinpk

PROFITABLE.

.*

215,855
4,477,096

that the year under review

has not been a
Even these totals are small, but they show progress, and
profitable one to our spinners. This is the result not mainly of suggest the direction in which we are to look for the relief we
the panic, but of some of the causes that produced the now
need; always remembering that the great lesson which our
panic.
Our figures are peculiarly instructive, as shedding investigation has taught is, that if we would have a healthy,
special light on one part of this subject. It has been shown that rapid development of our cotton manufactures in the future, the
the productive power of
our mills has increased one third cost of production must be lessened until foreign customers can
since 1870.
Then they were reported at 7,114,000 spindles; take our
surplus.
now they have reached 9,415,383
spindles.
Nor have these
The Missouri
Pacific Railroad.—By late dates from
spindles been idle. Each year they have been producing at a
Washington we have received the decision of the Supreme
pretty full rate, augmenting the cotton consumption of the
mills at about the same ratio.
This would seem to be an ex¬ Court, in the litigation pending in regard to the Missouri Pacific
Railroad and the State of Missouri. A slight history of this case
cessive or unnatural increase, unless there has been some change we
give, as it is considered one of considerable importance in
going on during the same time in our foreign trade.
That railroad circles. By an act of February 22, 1851, the State
is to say, our own consumption of goods could not increase to that Legislature of Missouri gave material aid to the Missouri Pacific
Railroad Company by making its bonds, promising to pay the
extent in the four years; and therefore an over-production was a
amount thereof to the company, or its order, with coupons
necessity unless a demand (outside our own country) would attached, and by the act, " the faith and credit of the State were
absorb a portion.
No such foreign outlet has existed. The fol¬ pledged for the payment of the interest and the redemption of
lowing statement shows the imports and exports of manufactured the principal of the said bonds.” The company, however, was,
by the
for the punctual payment
goods at all tli8 ports of the United States each year of the period interestact, to m<»ke provisions bonds, so as to exonerate theof the
and principal of these
State
referred to :
from advances of money for that purpose.
The acceptance of
EXPORTS OF COTTON MANUFACTURES.
these bonds by the company constituted a mortgage on the whole
1870.
1871.
1872.
1873.
road and all its equipment to the State for the payment of the
1874.
Year ending June 30.
6,064.715
5,083,923
Colored goods...Yards.
2,844,388
4,600,447
3,585,629
and interest of said bonds. It was further provided by
Value.
$724,841 $1,035,469 principal
$596,912
$458,998
$660,262
8,276,384 the act, that should the company make default in the payment
Uncolored goods. Yards 13,237,510 10,187,145
8,859,191 14,832,931
Value. $1,680,297 $1,655,116 $1,317,719 $1,776,694 $1,345,988 of the interest, no more bonds should be issued by it, and it
Other manfs. of. Value
$527,613 $1,056,601 $1,405,825 should be lawful for the Governor to sell the road and its appur¬
$695,500
$741,773
tenances at auction, giving six months’ notice, or to buy it in for
Total cottou manufac¬
the S*ate, subject to such disposition as the Legislature should
tures exported. Value. $3,091,332 $2,917,528 $2,301,330 $3,558,136 $3,787,282
see
fit to make of it. Under these provisions there was from
IMPORTS OF COTTON MANUFACTURES.
time to time issued to the company, State bonds to the extent of
1871.
1870.
17,000,000. In 1864, the road not being completed, the Legisla¬
1872.
1873.
1874.
Year ending June 80.
ture authorized the company to borrow $1,500,000, payable in
Bleached & unbleached
Square yards.- 26,361,866 31,152,540 41,700,373 36,938,026 29 506,154 four, five, and six years, and to secure it by a first lien on the road
Bleaehed & unbleached
west of Dresden, the State waiv»nor, for this purpose, and to this
Value. $3,083,933 $3,865,558 $5,81G,87? $4,883,622 $3,925,266
extent, its priority of lien. In 1866 the road was finished and
Printed, painted or colored....Square yards. 23,380,205 33,355,651 36,578.465 28,975,876 30,027,259 put in running order to the west line of the State, but in order to
Printed, painted or coleffect this, the company had, in 1865, received aid from St. Louis
Value. $3,155,494 $5,028,256 $4,975,624 $3,634,315 $4,003,037
ored
County, to the amount of $700,000.
Jeans, denims,drillings,
5,838,611
&£.
5,386,146
6,483,461
3,685,477
2,220,599
Square yards..
In 1868 the road was in rather a bad condition as to repairs
oeans,denims, drillings,
and equipment. The company owed a floating debt of $1,092,848,
$818,506
&c
Value.
$737,251
$878,580
$-328,296
$536,393
an unadjusted debt of about $200,000, and the first instalment of
Hosiery, shirts & drawers
Value. $4,621,259 $5,449,208 $5,451,523 $5,085,993 $4,734,475 the Dresden bonds, amounting to $500,000, was unpaid.
The
Other manufactures of.
company had also failed to pay interest on the State bonds since
Value. $16,994,896 $20,321,909 $18,684,843 $15,535,459 $9,898,769
July, 1859. The stock of the company at this time was held to
Total cotton manufacthe extent of $3,644,500 by citizens and municipalities of Mis¬
turesimported. Value. $28,183,878 $35,201,324 $35,307,447 $29,876,640 $23,380,053 souri, over $2,000,000 by St. Louis city and county, or taxpayers
We here see that no material change has taken place in the therein.
In July, 1865, the new Constitution of the State went into effect,
foreign movement. Our exports have remained almost nominal, one of the provisions of this (Art. 11, Sec. 15) was to this effect :
while at the same time our imports, instead of decreasing, have
The General Assembly shall have no power, for any purpose
whatever, to release the lien held by the State upon any railroad.”
increased largely.
The last year’s figures (1874) are exceptional,
In addition to this a constitutional “ Ordinance for the payment
because the evil we have referred to had then begun to assert
of State and railroad indebtedness ” had been adopted, which
itself;—we produced somewhat less and imported less, while we went into effect June 6, 1865, which provided for the levy of a
increased our exports slightly.
It was an effort under natural heavy annual tax upon the Pacific Rfdlroad and other roads, to
laws to correct an over-supply; and even had the panic been averted be appropriated to the payment of principal and interest now due,
or to become due, upon the bonds of the State issued to said rail¬
the goods trade must have been unsatisfactory.
road companies. One of the provisions of this ordinance was,
What,then,is the remedy for this unfavorable condition of prices, that if any company did not pay such tax, the General Assembly
as compared with the cost of production ? Most certainly it can be
should provide for the sale of the road and appurtenances, and
We

thus

see

•

“

“

“

“

“

onnd alone in the removal of the cause—that is,




production

use

the

proceeds for the payment of the amount

remaining due

[November 2111874,

THE CHRONICLE.

518

Another proviuion was to the effect Catcat ftlonetarg antr Commercial Cnglisl) Neroo
for itself it could be re¬
or in State bonds RATES OF EXCHANGE AT LONDON, AND ON LONDON
AT LATEST DATES.
and all interest there¬
semi-annually in advance;
EXCHANGE AT LONDON—
EXCHANGE ON LONDON.
but no disposition was to be made of the road without reserving
NOVEMBER 6.
to the State a lien upon the franchises and property for all sums
remaining unpaid. With tli9se laws in force, and in the condition
of the company, as before stated in 1868, the Legislature passed
1
the act of March 31, 1868, entitled “ An act for the sale of the
11.78
short.
11.15X@U.16%1 Nov. 6. short.
Amsterdam...
25.18
Pacific Railroad, and to foreclose the State’s lien thereon, and to
3 months. 25.40 ©25.45
Antwerp
20.24
3
20.67 @20.72
amend the charter thereof.” This act provided for the sale of Hamburg
25.13
short.
25.10 @25.20
short.
the road and property by the Governor, for a Rum not less than Paris
25.40 ©25.45
3 months.
Paris
lio.50
3
Nov. 6.
$8,350,000 ; it also provided that if the Pacific Railroad Company Vienna
1I.22X@1L27^
short.
119*
within ninety days pay into the Treasury of the State Berlin
20.67 @20.72
should
20.67 @20.72
Frankfort
$350,000 in bonds of the State, or in money, the road should not
Nov. 6.
32%@32%
be advertised for sale, and if within nineiy days thereafter the St. Petersburg
48*@48)$
Cadi/.
same company should pay, under the same conditions, $5,000,000.
90 days.
52^@52%
Lisbon
3 months. 28.15 @28.20
the Governor should deliver to the said company a deed of release Milan
28.15 @28.20
for all claims, title, and interest which the State had in the said Genoa
28.15 @28.20
Naoles
4.85
60 days.
Pacific Railroad, and all liability growing out of the issue of New York
Nov. 6.
99 days.
2CX
Nov. 5.
bonds by the State to aid in its construction should be considered Rio de Janeiro
Bahia
fully discharged.
49k
Oct. 29.
The Company paid the $350,000 within the ninety days, and Buenos Ayres..
Valparaiso
within the ninety days thereafter the $5,000,000, and received a Pernambuco..
51W
Nov. 4.
deed from the Governor, as before stated.
In order to raise the Montevideo...
1*. 10% d.
6
Nov. 5.
Is. 10%d@^c/.
60 days,
Bombay
Is. 10(Z.%
.$5,000,000 to be paid to tlie Sta+e, and to take up the Dresden Calcutta
Nov. 2.
u. io
4s. 2%d.
Nov. 5.
bonds, and also to put the road in repair, the Company made a Hong Kong...
4$.\%d @l*.2c?.
5s. 9&d.
Nov. 5.
5s.8cL
mortgage to Uriel A. Murdoch and Luther C. Clark, as trustees, Shanghai
to secure $7,000,000 of bonds.
This was constituted a first lien Penang
4s.l,&rf.@4s.2<L
Singapore
96"
3
the road, equipment, etc.
■ i \ Nov. 4.
Alexandria....
In March, 1873, the General Assembly of Missouri adopted a
[From our own correspondent.]
concurrent resolution, reciting that grave doubts had arisen as to
ihe constitutionality of the Act of March 31, 1868, and directed
London, Saturday, Nov. 7, 1874.
the proper officers to proceed to determine such constitutionality
The Bank return published this week is unfavorable, the pro¬
and also to institute and prosecute a suit against the Pacific Rail¬
road of Missouri for the rights, interest and claims of the State portion of reserve to liabilites having declined from 38£ to about
against it. Under this authority the Governor resolved to pro¬ 37£ per cent. Surprise has, therefore, been occasioned at the
ceed, not by suit, but by advertising the road and property for Bank directors making no change in their rates of discount; but,
sale under the original statutory lien of the State, assum¬
in the present condition of affairs, they are, in a certain sense,
ing that such lien was in full force, and that it was
the first lien on
the road and property.
This action unable to do so, as they are already out of the discount market
would have the effect of cutting off the $7,000,000 bonds issued to and
still higher change would obviously cause them to lose the
Messrs. Murdoch and Clark as trustees, and render the rights of
discount business they now possess.
Tlie supply of money
the holders of these bonds nugatory.
When the road was about little
employment is very large, and business is recorded iii
seeking
to be advertised, the bondholders obtained from Judge Dillon an
injunction restraining the enforcement of the lien claim. The Lombard street and amongst tlie joint stock banks and discount
came up for hearing before the United States Circuit Court
houses at as low a figure as 3i and even 3 per cent.
Conse.
at Jefferson City in the fall of 1873, when a judgment pro forma
entered, making perpetual the injunction. From this de¬ quently, the return of the Bank of England shows a falling oft
cision an appeal was taken by the State, and the question lias now during the week, in other securities, to the extent of £588,044,
been passed upon by the Court of last resort, and the former de¬ the total being only £18,528,362, against £20,704,702 last year,
cision affirmed, thus giving to Messrs. Murdoch and Clark as and £20,858,894 in 1872. With the open market rates of discount
trustees, and to the holders of the $7,000,000 bonds tlieir full
against them, to the extent of 1 per cent., it is not to be wondered
rights as first mortgage bondholders on the road.
The Court holds that the constitutional provision was intended lit that tlie Bank authorities hesitate to advance their terms. No
doubt they find it difficult to act in tlie present anomalous con¬
to prohibit the discharge of any lien held by the State to secure
existing debt, and that it was no obstacle in the way of a com¬ dition of affairs ; but they are evidently of opinion that money
promise, or commutation of a debt by the State, which was what cannot become dear, or even dearer than it is at tlie present
had been effected by the legislation. In this instance there was no
longer any indebtedness. Mr. Justice Strong delivered the opinion moment, when trade is so quiet, when wheat and many other
of the Court. Mr. Justice Miller read a dissenting opinion, in which articles of imported produce are-so cheap, and when financial
Mr. Justice Davis concurred, holding that the tiling prohibited by schemes are so few and meet with so little favor from the public.
the constitution was the discharge or remission in any shape of
The present anomalous condition of affairs is clearly due in a
the specific lien which the State had oq the railroads for the re¬
payment of the State bonds which had been advanced to the com¬ great measure to tlie suspension of specie payments in France
panies.
together with the abundance of the French crops of grain and
The Missouri Pacific Railroad has, since July 1, 1872, been wine.
The demand for the means of remittance to Paris has of
operated by the Atlantic & Pacific Railroad Company, under lease late been very considerable, and nearly all our recent importa¬
for 939 years, at an annual rental of 5 per cent, per annum on the
There is now
share capital (about $7,000,000), until and including July 15,1875, tions of gold have been taken for that market.
and 6 per cent, per annum until and including July 15,1877, and about £51,000,000 in gold in the Bank of France, and this is
7 per cent, per annum from and after that date. The rental is unavailable lor ordinary purposes. As the French bank-note
paid quarterly, direct to the shareholders of the Missouri Pacific
Railroad, at the office of the Atlantic & Pacific Railroad Company keeps on a par with gold, the administration of the Bank of

and unpaid by the company.
that if the State should bid in the road
stored to the company upon payment in money
of all the interest due from said company,
after accruing was to be paid

LATEST

ON

TIMS.

-

BATE.
■

_

44

r*»

•

44

»

•

•

BATE.

TIME.

DATE.

mos.

%i

mos.

...

44

•

•

•

•

It

•

•

•

....

•

•

•

•

•

....

•

44

•

•

•

•

•

.

•

....

4b

-

....

..

.

f

♦

....

.

.

....

•

•

-

•

.

•

•

•

•

.

• •

•

•

•

•

•

-

*

p

•

•

•

.

.

.

•

'

•

¥

•

•

.

.

....

•

....

mos.

•

•

•

•

....

....

....

....

on

.

.

•

mos.

....

.

.

a

case

was

an

in New York.

hastily resume specie payments, as no inconve¬
nience appears to be felt. It will not probably delay unnecessa¬
rily tlieir resumption, as the honor of the French nation would
demand tlie change; but as France is now drawing gold irom
an several quarters, and has already a very large supply in its vaults

tlie last
two years, constructed the Carondelet Branch, provided their own
steamers for transfer across tlie Mississippi River, and perma¬
nently improved the property by erection of new bridges, laying
The Atlantic & Pacific

Railroad Company have, during

rails, and placing thereon additional equipment, at
expenditure of about $3,000,000—making the line, as the managers
claim, superior in road-bed, equipment, and in all other appoint¬
ments, equal to the Atlantic & Pacific line itself.
The late
favorable decision of the Supreme Court quiets the title of the
Missouri Pacific property, and imparts new confidence in its
of steel

France will not

practical use can be found, it is obvious that even
movements in bullion have considerable influence and

for which no

small

perhaps unnecessary uneasiness. France, in a commercial
sense, is making rapid strides.
She is not only pretty well inde.
pendent this season of everybody for every necessity, but

create

she has
produced an unusually abundant crop of wine, and buyers from
Mobile & Montgomery.—The Mobile & Montgomery Railroad
sold
the 10th by order of the Chancery Court. It was nearly all parts of the world have been visiting the wine-growing
bought by the first mortgage bondholders for $3,022,000. It is districts, and have been making extensive purchases at high
said that this saves the State from loss.
prices. Perhaps the return to specie payments may in conse¬
St* Joseph & Denver City.—A decree of sale in foreclosure quence be hastened ; if so, the end of the uncertainty of the bul¬
securities.

was

on

of $5,000,000 was rendered against tlie Ne¬
of the road and lands of the St. Joe & Denver
Railroad, in the United States Circuit Court in Omaha, Nov. 14.
Judge Dillon directed that the decree should contain a clause
that any bondholder might ask the Marshal to sell any section
separately, and it should be done. On the 25th inst. decrees will
be entered in Kansas for the foreclosure and sale of the Kansas
branch of the Western Division, and also of the Eastern Division

under the mortgage

lion market is not

braska portion




far distant.

supply of bullion held by the Bank of France now amounts
£50,872,000, being an increase of £21,558,000 compared with

Tlie
to

last year,

the total then being

only £29,314,000. Bills discounted

total of £14,416.672, against £23,782,930, while the
in circulation, which were £120,361,090 in 1873, are now
reach

a

notes

reduced

November

2lf 1874.]

THE CHRONICLE.

519

£102,908,030, or to the extent of
bullion in the Bank of Hamburg is
to

£17,453,060. The supply of £37,000, giving a total of £220,000, a result which can¬
£810,000, in the Bank of Bel- not but be regarded as satisfactory, as the rate of increase is
gium £4,356,000, and in the Bank of Austria £14,381,000.
far in excess of that obtained under the old
system. One effect
The week closes with rather a better demand
prevailing for of the third class working has, however, been to partially empty
money, but the supply of capital being large, the rates of dis* the second class
carriages. Many second class passengers have
count show no recovery.
They are as under:
preferred to pay the reduced fare of Id. per mile, instead of l|d.,
Per cent. |
Percent
and travel third class; but, as shown above, the increase in the
Bank rate
4
1
4 months’bank bills
3k(&3k
Open-market rates:
number of passengers has more than paid for the reduction in the
| 6 months’bank bills
334 ©4
30 and 60 d.»ys’ bills
3k@%k } 4 and G months’ trade bills. 4 ©4#
3 months’ bills
price of travelling. In conseqence of th8 reduced number of
|
The rates of interest allowed
by the joint stock banks and second class passengers, the trains carry a considerable amount of
dead weight in second class carriages, and one of the chief
discount houses are as follows :
objects
Per cent.
of the proposed alteration is to avoid this dead
Joint stock banks
weight. The fol¬
3 ©....
Discount houses at call
3 ©.
lowing table shows the number of passengers of each class carried
Discount houses with! days’ notice."..*...”
3*©
in 1873, and the receipts produced:
Discount houses with 14 days’ notice...
334©....
D

,

.

...

^

The

following

are

the rates of discount

at

the

Bank Open
rate, market,

Bank

per cent, percent.
4
Sk
3k
&k

Taris

Amsterdam

Hamburg.

Berlin
Frankfort
Viennaand Trieste....
Madrid, Cadiz and Bar¬
celona
Lisbon and Oporto..
St. Petersburg

Annexed is

5

4
4

4k

4k

Leipzig

6

Bremen

e©s
4

6

6

4k

6

Antwerp

4

4%

5

5

and

Rome

5

.

4k

Turin, Florence

4k

4k
4k
5k

5
5
4k

,

Copenhagen

5@5k 5^5k

New York

6©7

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
price of Middling
Upland cotton, of No. 40 Mule yarn fair second qualitj,
and the Bankers' Clearing House return,
compared with the
four previous years :
a

1870.

~

1871.

Circulation, including
£
£
bank post bills
24,797,715 25,679.G99
Public deposits
4,886,033
5,203,815
Other deposits
18,644,151* 22,760,256
Government securities. 11925,862
Other securities
16,081,392
Reserve of notes and

coin
13,186,369
Coin and bullion in
both departments.... 21,980,334
Bank-rate
2k P- c.
Consols
9314d.
English wheat
49s. 9d.
Mid. Upland cotton
9d.
No.40 mule yarn fair 2d

1872.

1873.
£

26,294,805
7,043,714

18,232,380

17,939,648
13,266,546
20,858,894

12,930,685

28,074,930

15,001,028

..

26.787,118
3,929,025
18,428.403
11,768,360

27,691,238
3,736,997
19,585,381

20,704,702

14,041,832
18,528,362

9,048,630

8,071,288

8.829,621

19,878.810

19,519,683

6 p. c.

8 p. c.

4

93>£d.

92^d
57s. 4d.
10*d.

92^d.

93&d.

59s. lOd.

44s.Id.

9,8 d.

21,994,048
The relative proportions

8^d.

£1,398,446

of receipts from each class to the
entire receipts beiDg: First class, 16.36 per cent.; second class,
14.90 per cent.; third class, 68.74 per cent.; total, 100 per cent.
and where sales have

p. c

W.

Is. 2*d.
quality
Is. 2#d. la. l*d.
ls.l^d.
Is. 0^d
Clearing House return. 67,921,000 93.964,000 107,273,000 146,552,000 134,461.000
Some gold has been taken out of the Bank this week for Paris,

exceedingly quiet,

been

pressed lower prices have been
accepted. The weather has been very mild, and autumn sewing
is being completed under favorable conditions. The
quantity of
wheat estimated to be afloat to the United

Kingdom amounts to
1,125,610 quarters, against 1,258,640 quarters last year.
The following figures show the imports and exports of cereal
produce into and from the United Kingdom since harvest—viz. :
from September 1 to the close of last week, compared with the
corresponding period in the three previous years :
IMPORTS.
1874.
1873.

Wheat

1872.

1871.

8,138.563
3 472,212

7,578,053

Oats
Peas
Beans

1,495.630

1,313,587

121.413
502.670

163,908
634,716

Indian Corn
Flour

2,677,512
889,121

3,981,884

511,012
5.343.137

988,502

1,037,809

936,133
7,874
7,203
1,593

74,304
1,847
4,838

910.566
2.781

665

1,334

Barley

21,098,541

5 p. c.

56s.

Total

1874.
£

£

Paid £228.739
“
208,395
«
961,312

Business in the wheat trade has continued

3k

Genoa
'Geneva

1

Open

rate^ market
per cent, per cent.

Brussels

1,136,405 First class passengers.
2,487,590 Second “
“
18,370.053 Third •*
“

leading cities

abroad:

1,577,636

1,026.885
2,717,178
2,220,540

9,354,399

295.980

75,197
730.466

1,781.194

2,443,704

4,785.849
658,802

EXPORTS.

Wheat

77,876

Barley

2,223
17,792
4,281

Oats
Peas
Beans
Indian Corn
Flour

158

245

572

29,991

42.537

16,113

38,712

3,543
4,102

24.103

537

2,211

15,832

On

Tuesday’a numerously attended meeting of the Liverpool
and all our importations have been sent to the same quarter. For
Cotton Brokers’ Association was held for the purpose of taking
silver there has been a fair demand for India, and the quotation
into consideration the subject of paying by check.
It was unani¬
has slightly improved ; but Mexican dollars are unaltered in
mously conceded that the system of payment by check possessed
value. The following prices of bullion are from Messrs. PixleJ
Some difficulty was anticipated as to its
many advantages.
& Abell’s Circular:
practicability, owing, in a great measure, to what was called the
gold.
s.
d.
e. d.
BarGold
largest commissions charged by bankers in managing a check
per oz. standard. 77 9 ©
Bar Gold, fine
per oz standard, 77 9#©
account.
It was resolved unanimously, however, to adopt the
Ba/Gold, reflnable
peroz
standard. 77 11 ©
Spanish Doubloons
peroz.
©
system, if possible, and with this view a deputation was nomi¬
South American Doubloons
peroz
©
nated to meet the Chamber of Commerce, to consider the question
United States Gold Coin
peroz.. 76 3#©
in detail, and to wait upon the bankers in order to bring the sys¬
SILVER.
•.

...

....

....

....

....

....

....

Bar
Bar

Silver, Fine
Silver, containing 5

Fine Cake Silver
Mexican Dollars

standard, last price.
grs. Gold.per oz. do.
do.
per oz.

s.
d.
s. d.
4 913-16©,..
4 10 3-16©....

peroz.
peroz.

Spanish Dollars (Carolus)
Five Franc Pieces

per oz..none
per oz.. none

here.

4

8^©

....

here.
4

11)4© 4

11)$

tem in use.

Board of Trade 'returns have just been issued for the
month of October, and the ten months ending October 31 shows
The

the following

results:
IMPORTS.

1872.

In the

early part of the week there was a strong demand for
bills, those on Holland being in prominent request; but there is
now a somewhat better tone
apparent in the market.
Business in the stock markets has been rather quiet, and foreign
stocks are scarcely fSo firm, owing to the uncertainty prevailing
with regard to money.
There has, however, been no material
alteration in the quotations. The market for British railroad
securities has been subjected to some uncertainty, but on the
issue of an assuring circular by the directors of the Midland Rail¬
way Company, in which they justify the change they are about
to make in] abolishing second-class fares, an improvement took
place. The object of the Midland directors has of late years been
to increase their passenger traffic.
With that object they tried
the experiment in 1872 of carrying third-class passengers by all
trains. The third class working commenced in April, 1872, and
the results, comparing 1871, the last complete year before the
change, with 1873 the first complete year after it, are as follows ;
The number of passengers carried was increased by 3,894,212;
the total receipts from passenger traffic were increased by £183,'
000; the number ol passenger train miles run was reduced by
500,000 miles; the receipts per train mile were increased from 3sl£d. to 3s. 10f or by 9d.per train mile. To the above increased
receipts must be added the saving of the cost of working 500,000 train miles, which may be approximately taken at




.,

In October
In ten months

£30,781,619
293,077,297

1873.

1874.

£31,647,715
307,822,279

£27,912,714
311,232,541

£22,841,239

£21,918,528
202,859,436

EXPORTS.

In October
In ten mouths.;

£22,657,736
212,972,398

216,016,759

Annexed is a list of new loans and companies introduced upon
the London Money Market in October: Bombay, Baroda and Cen¬
tral India Railway Company, issue of £200,000 in 4 per cent deben¬
tures,

guaranteed by the Secretary of State for India; Victoria

Railway Company, issue of £1,500,000 in four per cent deben¬
tures ; Great Western Railway of Canada, issue of 49,918 new
shares at £2015s.; Lewis and Kennebec Railway Company, issue of
£17,500 in 7 per cent debentures at 86; Sweedish Central Railway
Company, issue of $195,000 in 5£ per cent debentures at 80 ;
Bristol Port and Channel Dock

Company, issue of £93,300 5 per
perpetual debenture stock; John Lomas & Co., limited
capital £200,000 in £10 shares; Steamship and Factory Shaft
Coupling Company, limited, capital £150,000 in £5 shares ; Rich¬
ards & Company, limited, capital £150,000 in £10 shares; Barbadoes Gas, limited, £15,000 in £5 shares ; Lemon Hart & Son,
limited, capital £150,000 in £5 shares (since withdrawn); Homer
Hill Colliery Company, limited, capital £100,000 in £10 shares ;
Coal Consumers’ Association, limited, issue of 5,000 ten per cent
first mortgage debentures of £10 each.
The periodical sale of bills on India was held at the Bank of
England, on Wednesday. The total allotted was £500,000, of
which £441,800 was to Calcutta, and £58,200 to Bombay. Tenders
at Is. lO^d. the rupee will receive about 21 per cent.
On the last
occasion, the rate obtained was Is, 10^d; consequently, a iurfcher
cent

improvement is apparent,

Same time in1873
1872

Reports—Per Cable.

Engllali Market

markets of London and Liver¬
pool for the past week have been reported by submarine telegraph
The daily closing quotations in the

London Money

prices of the week.
decreased £628,000
Monday, advanced to

L the remaining issues closing at the opening
The bullion in the Bank of England has

The Bank rate was, on

during the week.
five per cent.

Sat.

Consols for money
“

93*
93*
106*
109*
104*
103*

23*
93*
106*
109*
104*
103*

93*
93?*
..106*
0. 8.6s (5-20s,>1865,old.. 106*
“
“
1867
109*
C. S. KMOs
.104*
101*
New 5s
..103*
..

.

»r

U. s. Cs (5-208) 1862

(1862) at Frankfort

United States 6s
•

•

•

•

•

•

•

•

•

•

.

97*

•

•

.

Total for the week

Diuuc unu.

luuu

were:

d.

s.

d.

8.

0

22
8
9
10

22 0
Wheat (Red W’n. spr)..$ ctl 8 0
8 0
“
9 0
(Red Winter)
“90
“
10 3
(Cal. White club) “ 10 3
Corn (West, ra’d) $ quarter 36 0
36 0
Peas(Canadian).. & auarter 43 0
43 0

0
0
3
6

36
43

0

9

8
9
10

0
3

10
36
43

0
2
0

22

$15,718,186
5,347,772
8,409,318

0

87
87
78

Beef (inefie) new # tee
Pork (mess) new $bbl...

“

OheesefAmer’n fine)

d.
6
6

6

50
69

70

50

0
6
0

0
6

69
70

0

Thur.

Wed.
8.
d.
85 0
79 0

Tues.
8.
d.
86 0
79 0
50 0
71 0
70 0

Mon.
8.
d.
87 6
79 0

Sat.

d.

s.

0
0
0
6
0

85
79
51
71
69

0
0
0

50
70
69

43

d.
5 9
18 0

“

Fri.
d.
85 0
80 0

fine
“
Petroleuui(reflned)... .$ ga!
“

9

(spirits)

8
6
0
0

0

"

42
37
26

9*
42
37
26

6
0
0

42
37

26

6
0
0

6
0

'

portion of the work at Utica will go
north tracks are to be used exclusively for freight, and the two
south ones for passenger business, giving an opportunity for
greater speed in passenger
with

on

d.

s.

Tues.

Mou.

Sat.

Lins’dc’kefobl).# tn 11 10
Linseed (Calcutta)....
55

£

0
6

s.

£

d.

11 10 0
55 6

b.

9
6
0
0

26 6
26 6
2S
105 0 0 105 0 0 104 0
30 10 0 30 10 0 30 10
oil....$ cwt.
24 6
25 0
25

on spot, $ cwt
Sperm oil
$ tun
Whale oil
“

Linseed

Frl.
£" s. d.

Wed.
Thur.
£ s. d. £ 8. d.

11 10 0
55 6

11 10 0 11 10 0 11 10 0
55 6
55 6
55 6

Sugar(No.l2 D’ch Btd)
•

d.

6
26 6
26
0 105 0 0 105 0
0 30 10 0 30 10
0
25 0
25

6
26 6
0 105 0 0
0 30 10 0
0
25 0

Ml'iCELCANEOU.S N15IV 3.

COMMERCIAL, AND

Imporps and Exports for the Week.—The
week show an increase in dry goods and a decrease in

imports this

general mer¬
$6,092,737 this week,
$7,771,028 last week, and $4,770,530 the previous week.

chandise.

The total imports amount to

against
The exportsare

$5,365,249 this week,against $5,161,24L last week,
$5,236,120 the previous week. The exports of cotton the
past week were 13,001 bales, against 15,534 bales last week. The
following are the imports at New York for weekending (for
dry goods) Nov. 12, and for the week ending (for general mer¬
and

TUI! WF.KK.

1871.

Dry goods...

General merchandise...
Total for the week..

Previously reported....

1873.

1874.

$1,213,089

$1,31-1,413

$1,424,308

$5,762,089

$6,092,737
389,956,807

3,047,949

$4,653,682

$5,717,907

385,271,909

349,775,673

$355,537,762 $346,049,544

$390,989,816'

of the dry goods trade

4,668,429

4,442,616

4,499,818

338,266,971
$342,920,653

Since Jan. 1

In our report

1872.

$1,605,733

capital of the Baxter Steam Canal-

Transportation Company, now organized and running as
freight carrier on the Erie Canal, with the successful canal
steamers of Baxter, patented and owned by the company.
It has
been running a few steamers, on $100,000 of capital, carrying
freights between the lakes and New York in seven (7) days,,
charging such low rates as prove it a public benefit; and, it is
claimed, with such satisfactory and certain returns, that the stock
will be increased to its limit of $1,000,000. Under the respon¬
sible management of Mr. Van Dyck and his co-directors, the in¬
vestment seems worthy of attention, as the demands of this traffic
are very large, provided it can be done profitably at low rates.
The subscription book is in the hands of the well-kuown banking
and stock firm of Ripley & Co., 32 Pine street*.
—We call the attention of our readers to the card in our to-day’s
issue of the old and well-known firm of Messrs. Gwynne & Day.
This firm, in addition to a regular commission business in stock*,
bonds and gold, make a specialty of dealing in New York State
and City stocks, Missouri State 6’s and St. Louis Gold 6’s.
Their
house was established in 1854, and, during that time, has com¬
mended itself to the favorable attention of a large number of
investors.

—The Directors of the American Express Company have de¬
clared a semi-annual dividend of $3 per share, payable on and
after the 2d day of January next.
The transfer books close
December 12, and will be re-opened on the 4th day of January
next.

BANKING AND FINANCIAL.

chandise) Nov. 13 :

FOREIGN IMPORTS AT NEW VC11K FOR

advertisement of the opening of

Boat

Markets.—Linseed oil is quoted at
the opening price.
£

trains, without the danger of colliding

subscriptions to the increased

London Produce and Oil

Cd. advance

freight trains/'

—Attention is invitefd to the

8*
42
3T
26

6
0
0

42
37
26

six or seven weeks
effected, and a small
over to next season. The two

be completed in about four weeks.
It will be
before the crossing of the Seneca river will be

9
0

8*
9*

8*

8*
9*

on

The
Union of the 11th said:
A few short sections remain to be finished, and will require
several weeks, but this will not greatly impair the usefulness of
the rest of the line. There is a mile or two at Newark which will

8.

5
18

road.

ter

Fri.
d.

Thur.
d.
8.
5 9
18 0

Wed.
8. d.
5 9
18 0

Tues.
8. d.
5 9
18 0

Mon.
8.
d.
5 9
18 0
9
8
42 6
37 0
26 0

has placed him in possession of the

Hudson.—Freight trains commenced running
the New York Central double tracks on the 16th
double tracks are completed to Rochester. The Roches¬

Syracuse

inst.

Liverpool Produce Market.—Spirits petroleum has gained Id.,
the opening prices of the
s.

Eastern.—In the suit of Samuel N-

N. Y. Central &
to

while refined has fallen off Ld. from
Sat.

11,216,018

Same time in1869
1868
1367
1866

April 1.

^

week.

11,221

Gold

after paying current expenses are to be used in
paying debts due for labor or supplies furnished the road since

s.

51
71
69

2,167

Silver

All net earnings

higher,

Liverpool Provisions Market.—Pork, bacon and lard are
while beef and cheese have experienced a decline.
8.

...

...

Barber Receiver, and

0
3
0
0

10
37

20,00o
1,300

Maxwell against this company, the United States Circuit Court
for the Southern District of Illinois has appointed DeWitt C.

Fn.
s. d.
22 0
8 2
9

3
9
0

36
43

o

Gold
.Silver

$42,586

Iron Mountain Chester &

Thur.
8.
d.

300
555

4,120

5,437,864

1871...;
1870

quiet, with

Wed.
8. d.
22 0
8 2

Tnes.
d.
8.
22 0
8 2
0
9
10 3
3> 6
43 0

Mon.

$2,928

.

1, J.OI *

Same time in1373.
1872

98

•

past week have

Previously reported..

an

Sat.

57,150,013

Jacmel
Nov. 13—Str. City of New York.. .Havana

Liverpool Ootton Market.—See special report of cotton.

Liverpool Breadstufts Market.—Breadstuff’s close
advance in spring wheat and corn.

44,377,72a

Havana

Nov. 12—Str. Vindicator
Nov. 13—Str. Claribel

.

Th3 quotation

68,459,480

Gold

93*
93*
106*
109*
104*
103*

93*
93*
106*
109*
104*
103*

93*
106*
109*
104*
103*

$30,012,562

1868
1867
1866

Fri.

Thur.

Wed.
93

Tues.

93*

..

account

Mon.

Same time in1869

The imports of specie at this port during the
been as follows:
Nov. 9 —Str. Henry Chauncey
Aspinwall.... Gold
Nov. 9—Str. Acapulco
Aspinwall
Gold
Nov- 9—Str. Metropolis..
San Domingo..Silver

fallen off

and Stock Market.—Ten-forties have

145,906.155
,-S 66.858,905
59,219,734
65,768,447

1871....*
1870

shown in the following summary:

as

[November 21, 1874.

THE CHRONICLE

520

will be found the importsof

RAILROAD BONDS.—Whether you wish to BUY or SELL, writo to
HASSLER & CO., No. 7 Wall street. N.

Y.

PUTS, CALLS, DOUBLE PRIVILEGES negotiated at favorable rates.
bought and sold on margin. “ The Art of. Specu.

Stocks and other securities

ating in Wall street” given or mailed free to any
J. HICKLING &

dry goodsfor one week later.
The following is a statement of the exports (exclusive of specie)
from the port of New York to foreign ports, for the week ending

address by

CO., Bankers and Brokers,

72 Broadway, New York.

Box 15 3 5 .

STOCK

PRIVILEGES.

Nov. 17:
EXTORTS FROM NEW YORK

For the week

Previously reported....
Since Jan. 1

FOR TIIE WEEK.

1873.

1874.

$7,603,599

$5,365,249

1872.

1871.

$5,059,208

$5,725,763

210,640,632

205,133,530

237,58!),247

250,792,839

$215,699,S40

$210,859,293

$265,192,845

As

a

gain and safety, “Puts,” “Calls” or “Double Privilege”
in stock speculations by the largest operators, and very
are often realized from moderate investments.

matter of

$256,158,088

the exports of specie from the port of
ending Nov. 14, 1874, and since the
beginning of the year, with a comparison tor the corresponding

The following will show
New York for the week

contracts are used

large sums

THEY COST FROM

and

on

negotiated through us are obtained at the best rates
responsible parties.

date in previous years :

Hamburg..
Paris

Nov. 14—Str. Republic
Nov. 14- Str. City New
Nov. 14—Str. Donau

Silver bars
Silver bars

Liverpool....Silver bars
York.. .Liverpool... Silver bars.
London
Silver bars.
*

Previously reported
Total since Jan. 1, 1874

,

....

88,214

48.000

52,253
9,^00
11,739

$273,060

Total for the week




••

>

WE ISSUE A

$63,4G2

Silver bars

Liverpool

Nov. 10—Str. Abyssinia
Nov. 12—Str. Suevia

45.095,380
$45,368,44

$50 TO $300.

Contracts

in the market

PAMPHLET FREE,

explaining the various modes of operating, also showing how large profits
realized from moderate risks. All persons having any interest in making
money should send for a copy.
Any information relating to stocks cheerfully
furnished, and how the fluctuations of the market may be best taken advan¬
tage of. Address, for particulars,
TUMBRIDGE & CO., Bankers and Brokers
are

2 Wall street, corner

Broadway, N, Y.

^November

21f 1874]

THE CHRONICLE
Range since Jan. 1.—.

€t)c Bankers’ (©alette.

08,1881...

The United States Comptroller of the Currency furnishes the
following statement of National Banks organized the past week ;
2,207—Boonville National Bank, Indiana. Authorized capital, $50,000; paid
in capital, $50,000. Lewis J. Miller, President; Enos W. Betnell,

08, 5-20’s, 1867
6s, 5-20’8,1868

NATIONAL BANKS ORGANIZED.

Authorized to

commence

business Nov. 18, 1874.

recently been announced
Per
Cent.

Company.

111

187,747*,500

2 117
Apr.
6 lid* Nov.

Jan.

114

..coup.
reg.

Jan.

Books Closed.

aC >
CO

(Days inclusive.)

Noy.
13.

.

Nov.

Coupon.
$.
89,485,950
125,243,500
....

83,018,950

118,798,150
145,602,250
222,612.600
23,491,000

53,806,250
156.960.400

64,623,512

Closing prices of securities in London have been

:

When
P’able.

5s, 10-40’b

Highest
Registered.
reg., 115* July
120* May 27 $193,250,400
122
29
coup., 116* July
Apr.
coup
110* Nov.
118* Apr.
10,971,400
Nov.
coup.. 113
120* Apr.
25,978,850
coup., 114* Nov.
121* Apr.
33,736,200
new, coup., 114* Jan.
120* June
57,060,850
2 121* June
coup., 114* Jan.
88,010,150
114
Jan. 20 121* June
coup.
18,988,000
..reg., 109* Aug. 4 115* May
141,261,050
coup. 111* Sept.25 lib* Feb.

5a, 10-40’a
5b, funded, 1881..
08. Currency

DIVIDENDS.
The following Dividends have

/——Amount Nov. 1.—,

Lowest.

6e, 1881
6s, 5-20’8, 1862
6s, 5-20’s, 1864
6s, 5-20’s, 1865
6s, 5-20’s, 1865,

Cashier.

521

as

follows:

Since
Lowest.

,

20.

Highest.

i

Miscellaneous*
Adams Express
American Express

Dec. 7 Nov. 21 to Dec. 7
Jan. 2 Dec. 12 to Jan. 8
Dec. 10 Nov. 30 to Dec. 10

|2

...

$3

5

Spring Mountain Coal

Friday. November 20, 1874—6 P. M.
The

Ulouey market and Financial Situation.—The main

features
vance

fair

in

worthy of notice in our markets this week

the ad¬

gold and foreign exchange, the continued firmness and
securities, including government

activity in investment

bonds and first-class railroad
active

were

mortgages, and a renewal of

dealings in Southern State bonds.

is attached in

more

Considerable importance

quarters to the present aspect of financial

some

The directors of the Bank of England ad¬

affairs in London.

vanced the minimum discount rate, on
and if this does not succeed in

supposed that they will

Monday last,to 5 percent.,

drawing bullion to the Bank, it is

make another advance. At the
Thursday, no further change was made, but

regular meeting,

on
the statement showed

a

soon

loss of bullion for the week of £623,000.

The Bank of France

gained 11,321,000 francs in specie. Our local
money market continues easy at 3^@4 per cent, for call loans on
stock collaterals, with somewhat lower rates to government bond
dealers.
The market for commercial paper continues to show
There is an
substantially the same features as last reported.
active demand for choice paper, and on that which is strictly
gilt-edged the rates are low—say 5 per cent; on other paper the
range is higher, according to quality, and the discrimination be¬
tween the different classes of paper is very sharp.
For prime
paper 5 to 6} percent, may be considered a fair quotation.
The last weekly statement of the New York City Clearing House
banks, issued Nov. 14, showed an increase of $3,573,725 in the
excess above their 25 per cent legal reserve, the whole of such
excess being $18,914,750, against $15,338,025 the previous week.
The following table shows the changes from the previous week
and

a

comparison with 1873 and 1872:
Nov. 7.

•

-1874.Nov. 14.

1873.

Differences.

Loans anadis. $285,066,700

$283,7b8,100 Dec. $1,278,600
16,888,200 Inc. 4,318,400
25,082,900
24,832,500 Dec.
250,400
226,753,900 229,994,200 Inc.
3,240,300
59,451,700
59,525.100 Inc.
78,400

Specie

P

12,574.800

Circulation....
Net deposits..
Legal tenders.

ga
^

6)

♦J

OS

1872.
Nov. 16.

$276,933,000
13,590,200
27,599,800

204,524,600

U.S.6S, 5-20’8,1865, old
U. S. 6s, 5-20’s, 1867
D. S. 5s, 10-40’s

106*

..

104*
103*

New 5s

state and Railroad

States

been active

Bonds,—Government

105* Oct. 16 110 Feb. 19
107* Jan. 5 110* June 18
103* Feb. 16 106* Aug. 1
102* Jan. 15 105 May 20

106*
10H*
104*
108*

Bonds.—There has been

active

a more

business in Southern State bonds at the Board than in any one
week for some months previously. This is just as we had antic,

in the change of political parties by the late elections
many who are confident (whether with good reason or
not it is yet impossible to say) that something will be done
towards placing the Southern States in a better position towards
their bondholders. Virginia bonds have been strong and active
partly in consequence of the belief that the reported proposition
of foreign bondholders to fund in a 4 or 5 per cent bond may be
carried out. Tennessees are active, but prices not quite as firm
as last week ; it is reported by parties at Nashville who should be
well informed that the financial programme heretofore proposed
will be carried out and the interest regularly paid. Alabama
bonds are held much firmer, and bankers in the State express the
opinion that the old debt will certainly be provided for, but the
railroad debt will be thoroughly silted. North Carolina bonds
have shown a marked advance on the old issues, but financial
prospects in the State seem to be very indefinite.
Railroad bonds are strong and active for the old and popular
issues, and with private investors they seem to be growing in
favor, as they pay so much better interest than governments.

ipated,
there

as

are

There has been

some

little movement in Northern

have beard of

but

we

the

Pacific bonds,

in regard to

company’s affairs.

no new

developments

as yet

Closing prices daily,and the range since Jan. 1, have been:
Nov. Nov.
18.
17.

Nov. Nov.
10.
14.

6eTenn., old,ex c
6s Tenn, new ex o
6b N. Car.,old—

57 \

Nov.
19.

55*
56 %
80*

"55*

57*
56*
30*

57

57*

*29*

*i4 *

*15

*30*

*37
*11
*21

*38*
57

12
2’.

12*
*21

*95
*95 V<

91V
*95*

On Pac., 1st
do
L’d Gr’t

*15

*55*

6s N. Car., new...
68 Virg., old
consolid.
do
do
deferred.
6b S. C., J. & J....
6s Mo. long bonds
Cent. Pac., gold..

dolnc.past due

*51*

95*
95*
90*
33*

90*
SHfc

’92”

*89

Brie 1st M. 79
*
N. J. Cen. 1st 7b.. 1 OS ‘ * *103* *ios*
no
Ft Wayne 1st 7s. •109* *110
Rock lBld 1st 7s... 107* 107* *108

*55
*15
*39

*57*
12*

Nov.
20.
*56

55%

"29*

*15
*40

*29

*15*

57*

*39
57
....

•21*

•

•

•

•

"20*

,
—Since Jan 1.
,
fl[lghest.
Lowest.
t52
Sept. 21 t®8 June 27
t50
Sept. 17 t63* June 27
18* Aug. 21 81* Nov. 12
Jan. 6 21% Mch.21
16
Nov. 11 42
Jan. 30
87
50
Feb. 17 57% Nov. 19
S* Sept. 22 18 Nov. 10
Nov. 16
7
Apr. 28 21
.

*10

90%
88%
*90*

*108

108”

*110*
107*

*108*
no* •111*

90* Jan. 2 98 May:*
87* July 27 96* Jan. 14
81
July 15 90% Nov. 19
75
May 21 89% Sept.2^
73% Jan. 9 91 Sept.21
101
Jan. 5 105
Apr.
102% Feb. 3 109 Apr.2:
103
July 22 110% Nov. I )

103

101

25*

95*

95*

96

90%
83*

#

*95

95%
90%
88%
....

.

.

.

.

108

Jan.

6 108

Nov. 12

46.731,600
This is the nnce bid. no aale
t Range since June 27. 1874.

*

United

106*
109*
104*
103*

securities

have

still

was

made

at the

Board,

Tlie Gold Market.—Gold has made a decided advance tli*>
good investment demand from home purchasers.
Foreign bankers have been sellers to some extent, but we think past week, and closes at lllf. This is the first movement of
not as largely as in the preceding week.
It is an unusual phase importance that has been noticed in the gold market for some
of this market that government securities should be brought
time past, and it appears to be based almost entirely upon the
from abroad and sold here, but with the cable facilities which present condition of our relations with foreign markets. There
enable bankers having foreign connections to take advantage of has been a movemefit of more or less importance going on in the
the slightest variations between the two markets, it is possible importation of securities from abroad, which is in itself quite
that such transactions may be more frequent in the future. Prices unusual for this country, and in addition to this, the advance in
have been firm, and close at a small advance on last week.
the Bank of England rate for the purpose of drawing specie to
that centre, has led to the anticipation of an export movement
Closing prices daily have been as follows:
Nov. Nov. Nov. Nov.
Nov. Nov
from this port.
So far as this season of the year is concerned,
Int. period.
14.
16.
17.
18.
19.
20.
when our exports are large, it is generally regarded as favorable
Jan. & July. *118* 118* *118* 118**118* 118*
68, 1881
reg..
6s, 1881
coup. .Jan. A July. 119* 119* *119* *119* 119* 119*
that gold should rule at a comparatively high figure.
On gold
rcg. .May A Nov. *111* *112
6s, 5-20’s, 1862
*112* *112* *112* *112*
loans the rates have been variable, and to-day were 1, 2, 1£, 2L •>
6s, 5 20’s, 1862... coup.,.May A Nov. 111* 112* *112* 112**112* 112*
68,5-20’s, 1862,Called Bdt? ..May A Nov.
Ill*
and 2 per cent for carrying; gold was also borrowed fiat. At the
6s. 5-20’s, 1864
reg. .May A Nov.
*113* *113* *114* *113* *113*
114
*114
*114
6e, 5-20’s, 1864
coup. .May A Nov.
114* 114* *114
Treasury sale of $500,000 on Thursday the total bids amounted to
*115
*115
6n, 5-20’s, 1865
reg. May A Nov. 114% *115
114* *114%
fis, 5-20’e, 1865
coup. .May A Nov. 115* *115* *115* 115* 115* *115*
$1,485,000. Customs receipts of the week have been $1,765,000.
*118
6s, 5 20‘s, 1865, n. i., rcg. .Jan. & July-.
118*
117* 118
The following table will show the course of gold and opera¬
118
*118
lie ‘ 118
118
6a, 5-20’s,1865 n. i.,coup. .Jan. A July. tis'
118*
6s, 5-20’s, 1867
reg. .Jan. A Jnly. 118
118* 118* *118* tions of the Gold Exchange Bank each day of the past week:
.Jan. A
on a

.

....

.

...

coup.,
July.
reg. Jan. A July.
6s, 5-20’s, 1868
6s, 5-20’s, 1868
coup Jan. A July.
5s, 10 40's
reg. Mar. A Sept.
5b, 10-40’8
.
coup. .Mar. A Sept.
5s, funded, 1881
reg ..Quarterly.
5s, funded, 1881, ..coup. ...Quarterly,
0s, Currency
reg. .Jan. A Jnly.

6s, 5-20’s, 1867

.

*

118%

1W%
*112*
118%
111*

♦111*
*118*

118* *118* 118* 118* !18%
♦118* *118* *118* 118* *118
118* *118% ue* ♦118* 118*
112* *112* *112* *112* 112*
*113* *113* *113* 113* *113*
112* 112* *112* 112* 112*
112* 112* 112* 112* 112*
*118* 118* *118* 118* *118*

Thiels the price bid ; no tale was made at the Board.

The range
of bonds




in prices Bince Jan. 1 and the amount of each class

outstanding -Nov. 1,1874,

were as

follows :

Quotations.
.
Open- Low- High- Clos¬
,

ing.

Saturday, Nov.
Monday,
“
Tuesday,
“
Wednesday, “
Thursday,
“
to»*
Friday,

14.... 110*
16.... 110%
Ill*
17
IS
111*
19....Ill
on
1111/
20 ...111*
.

..

Insr.

est.

eat.

110*
110%
111*
110%
110%
1111/
111*

110* 110*

111*
111*
111*
111*
m*/
111*

111*
111*
111*

111*

111*

Current week
110* 110* 111* 111*
Previous week
110
110
110* 110*
Jan. 1,1874. to date...110* 109
114*111*

Total

Clearings.

,

Balances.—-.

Gold.

Currency.

353,337,000 $2,063,841 $2.295,2V.
45.276,000 1.325,992 1.486.18L
50,616,000 8,302,008 3,730.30*.
61,971.000 2,558.711 2.943,607
43.300,000 1,978,833 2,217,89
39,011,000 1,864,741 1,519,68'*

$283,411,000
160,885,000

$u-...- $--•-

1,629,689

--

1,802,10-

1 27 ft 1
Fine silver bars
Fine gold bars..;
par ft#
Dimes and halt dimes.. •- 94%@ —
Five trancs
>-93 ft —
Francs
- • 18*® —
English silver
4 SO @ 4
Prussian thalers,.
—70 ft —

$4 86 ft 14 90
3 87 ft 8 92

8 »yerelgn»
N poleons
XX R* ichmarks
German X thalers
Prussian X thalers

6 50

German Kronen
X guilders

3 90

Span sh doubloons
15 90
Patriot doubloons
15 50
American silver fnew). — 96%@

82
80
80
70
20
30

Atlantic & Pacific.
2d week of Nov.
Bur. C. Rap.& Minn. 1st week of Nov.
Month of
Oct.
Central Pacific.
Chic. Danv. & Vine. Month of Oct.
Cin. Lafay. & Chic.. 1st week of Nov.

—98

Mexican dollars..

75

97
95

19
85
72

Denver & R. Grande.
Illinois Central

— 97% ! Spanish dollars..
— 97 ft — 99
Foreign Kx©h»nge.—When the Bank of England rate was

Indianap. Bl. A W...
Indianap. Cin & Laf.

purchases of exchange by German bankers who have lately
been importing securities, again stiffened up prices.
To-day, the

firm, and rates advanced again, but tbe business
done was not large. Our leading drawers are reluctant to sell
their bills very freely in tbe present uncertain condition of
monetary affairs in London, and they hold rates in the meantime
rather above the market.
Quotations are as follows :
was

4.84

AnXwero (francs)

Swiys (francs)

5.1()#@5.15

Amsterdam (guilders)
Hamburg (reichmrks)

41%@
95 @
95 @

Frankfort (reichmarks)

Bremen, (reichmarks)
Prussian (reichmarks)...,

41#

95#

95#

95 @ 95#
95

95#

@

Railroad and Miscellaneous Stocks.—Stocks

days.

Nov.

it.

Nov.

15.

N.Y.Cen.AH.R. 102

102

Harlem
Erie
Lake Shore....
Wabash
Northwest
do
pref.
Rock Island...
It. Paul

102# 102#

130

130

IS)
29

29#

81# 82#
31# 3.'#
39# 40%

56

57#

pref....

99# 100#
34# 35#
54# 55#

At.A Pac.,pref
Ohio A Miss...
Central oi N.J.

ST# 8i%
107# 107#

do

..

Del.,L. A West 109# 109#
Han. A St. Job.
Union Pacific..

Col.Chic.Al.C.
Panama
West, Un.

27
35

9#
*115

Tel.

Quicksilver....

80

27

35#
9#
116

80#

•Si

#37# 39#
45
45#

Adams Exp ...
American Ex..
United States..

120

120
65

63#

Wells, Fargo..
*

130

’130

*li0

181

have

•

•

Thlsis the price bid and asked

as

: no

31#
42#
60#
100#
37#
56#

28#

80# 80#

39%

31

81#
41# 41#
59# 59#
90# 99#
36# 3H<#

16

?2%
107#

109#
26

36#
9%
116

-

80%
32%
39
45

39

45# * 43%
119% * 118 -s, 120
64% *64% 65%
65
64# 65
81
•80# 81

•55# 56
15# 16
31# 32
•107
107#
•109# 109#
25# 25#
35# 35#
9#
9#
115
<9# 80

*114

■32# 32#
39#
44#

44#

*64# 65#
*64# 65
81

81

tale was made atthe Board.

Lowest.
Highest.
N. Y. Cen. A Hud. R... 95% May 19 105# Mch. 11
Harlem
118# Jan. 7 134# Feb. 18
Erie
26# June 20 51# Jan. 15
Lake Shore
67# June 19 84# Jan.
Wabash
28# Oct. 23 55# Jan.
Northwest
34# July 15 62# Jan,
do
pref
51 Sept. 10 78% Feb.
Rock Island
92# June 19 109% Feb.
St. Paul
31# May 18 49# Jan.
do
pref
48 May 5 74% Feb.
Atlantic A Pacific pref.
Ohio A Mississippi....

10# Sept. 3

21% J line
Boston, Hartf. & Erie.
# Oct.
Central of New Jersey. 98
Jan.
Del., Lack. A Western. 99 Jan.
Hannibal A St. Jo
22# Sept.
Union Pacific

Col., Chic. A I. C......
Panama

23

June

8

Sept.
Apr.

101

Western Union Tel.... 68

Quicksilver

Apr.

22# Apr.

do
pref
29
June
Pacific Mail
37# Apr.
Adams Express
92# Jan.
American Express
58# Jan.
United States Express. 60
Sept.

Wells, Fargo & Co

69# Jan.

17

22
36

Feb.
Jan.

23
3# Jan,
8 100# Feb.
2 172% Feb. 10
7 34# Jan. 12
17 38# Mch. 30
3 32# Mch. 80
20 118 Jan. 9
24 82# Mch. 25
28 35# Feb. 5
29 40% Feb. 9
21 51# Sept. 30
13 120 Nov. 13
2 65 Feb. 9

28
5

Railroad Earnings.—The

73
81

Feb. 9
Nov. 20

31#

5 106# Feb.
Sept. 19 140 Apr.
Nov. 7 69# Feb.
Nov.
97# Feb.
Oct.
75# Jan.
85
Feb.
Oct.

53

Nov.

77% Nov.
35#
57#
32#

94

10
1
85

Feb.

38% Jan. 29
49# Jan. 24
Nov. 12 10# Feb. 3
14

Nov. 10

79# Nov.
15

4

Nov. 15

21# Oct.

Nov.

14# Nov.
16# Nov.
77# Nov.
43# Nov.
18
Sept. 30

106# June
106

June

52% Feb.
39# Jan.

43% Feb.

130

Jan.

94# Feb.
46# Jan.

Feb.
Nov. 6 57
Oct. 15 76% Feb.
Nov. 3 100# Jan. 29
Nov. 1 70# Jan.
8
44# Oct. 15 82 Jan. 6
56
86
Jan. 29
Sept. 30
25
25
76

receipts for the first week of
November are quite favorable; those reported for the second
week also compare favorably with the game period a year ago.



381,022

25,179
12,Ola
31,857

19,043
11,468
68,629
29,592

86,743

93,629

85,000

19,885

108,403

3,124.504

1.208,230

471,716
2,351,702

517,397

2.177,197
1,064,741

1,017.456
604,209

558,715

957,685 1,099,690
18,362
104,781 4,542,358 5.147,900
1,068,937 7,520,185 7,366,023
781,369
95,567

1%

1%

days. days. days, days
2
I# 2*
1
1%
2%
l#
1#
2X
1%
1
1#
1%
1
1#

Rock Island
l
Mil. & St. Paul.
%
1
Wabash
Ohio A Mississippi.
%
Union Pacific
X
Han. & St. Joseph. 1%
..

G..C.&I. C

2%

#

2

House

Receipts.
$264,000
3.56,000

298,000
267,000
339.000

19

3#

1%

2#

and Sub-

follows:
-Sub-Treasury.Payments.
Receipts.
Gold.
Currency.
Gold.
Currency.
$598,357 53 $585,335 26
$548,304 63
$473,050 46
817,656 30
527.896 31
755,319 32
421,181 82
971,912 96
465,288 76
819,028 68
691,423 10
685,599 73
318.897 27
311,010 27
645,126 63
292,946 83
1,121,457 00
502,476 74
1,030,134 74
953,190 65
763,590 27
595,010 11
349,429 04

Custom

Nov. 14

3#

2

2

1%

_

as

(on
dis¬

Puts belowr Calls above.
30
60
30
60

days. days. day*, days
%
%
#
lx
1%
2%
1#
1%
2#
#
1#
2
3
2%
4
2
1X
2%

242,000

4,467,041 19

2,636,838 58

Total
$1,765,000
Balance. Nov. 13
Balance. Nov. 20

4,739,940 73

3,399,603 91

55.766.504 94 52,989,643 65

55,003,739 31 52.716,746 91

NewYork City Banks.—The following statement shows
the condition of the Associated Banks of New York City- for tbe
week ending at tbe commencement of business on Nov. 14, 1874:
AYKBAGK AMOUNT OF

,

Banks.
New York
Manhattan Co

Merchants’
Mechanics’
Union

City

Tradesmen’s
Fulton

Chemical
Merchants’Exch’ge.
Gallatin, National..
Butchers’&Drovers’
Mechanlcs&Traders

Legal
Net
Capital. Discounts. Specie. Tenders. Deposits.
$3,UOO,OOC
$9,612,5(0 $2,995,200 $1,383,600 *$9,715,600
2,050,00t
6,S97,«00
434,300
1,067,700
4,124,800
9 991,200
9.704.400 1,720,800
2,867.500
8,000,000
1.269.300
4.413.700
188,800
6.240.500
2,000,000
3,099,(XX)
257,400
658.900
1,500,000
4.721.200
9 3,900
8.032,900
2.810.400
8.892.800
3,000,000
642,4(0
3.631.600
4.579.400
489,300
1,800,000
961.800
4.327.400
650,000
6.376.400
1,000,000
1.972.600
20,000
501.800
8,520,(00
1,000.000
1.352.400
138.800
486.400
1,69H,500
600,000
8.469.700
8.130.600
264,090
3.325.300
300,000
T. 3,300
3.2‘2,400
3.747.500
31,800
1,000.000
335.200
315.100
2.192.700
4.712.200
1,500,000
8S0,6D0
47,5(0
1.722.300
800,000
2,r>09,400
1,195,900
14.400
287.700
600,000
1.892.300
200,000
600,000
300,000
2,000,000

Greenwich
Leather Manuf

412,500

10,000,000

1,000,000

Broadway

1,000,000

422,700

Pacific

2,000,000

Republic

450,000

Chatham....

People’s

North America
Hanover
,

Irving
Metropolitan

600,000

1,500,0(0
300,000
400.000

28,100
41,900
95,300
98,7(0
9 >,$00
39.500

172.800
6/.00
123.400
243.400
369,700

-

770,400

5,000,000
2,(XX),000

79,‘00
5,100
14.100
18.100
1,500

1,113.(00
1.010,500
67^,800
13,816,500

703.600

6,H76,000

64,000

151,600
1,085,360

50C,(03

1,631,000
6,$51,100
6.203.800

1,000,000

4.452.400

500,000

1,391,<00
1.915.700
1,257,000
1,115,000
5,022,800
2.181.900

300,000

1,500,(GC

1,000,000
250,000
200,000
2,000,000

236,100
83,500
65,300

122.400

796,100
533,600

270,000
1,200
465,700
767,100
432.700
479.600
238.600
136.700
2,700
245,300
169.500
5(X),300

71".200

631.300
232.300

tion.

$468,000
9,700

2,7 8.200
1,047,5(H)
3,97',100
9,226,St X)
8.025,300
3.606.500
2,' 5.5,300
1,93 ,2( 0
3.701.300
2,u64,700
1.267.300
1,976,1(0
3.606.400

1,242,200

3.262,000
3.916.400
1.239.900

621,600

7; 2.900

518,000
567,600
208.200
186,000
956.100
747,000
2,341,000

900,(00
2,a55,l00
836.400
465.500
829.500
129,2(0

5,500
296.500

164,000
1,H5.0U0
128,900
3.900
225,(X0

3,024,000
7,70U,0i)C
1.516.100
2.807.400
1.907.600
1.303.600
2.7nO,7dO
1.655.500
1,849,8(0
1.207.100
2, ('64,500
15,944,000
16.351.800
1,014,(00
725,: (X)
301,700

470 -03

248.300
461.800
423.100
611,000

46”',000
P84.000
214.400
4'«8,300

3.796.900
3.269.400
175.000

194.900
166.700
2!6,*00
170.900

735,70G
785.000
4.900
575.400
4,000
349.400
452,"00
748.100

297,800
193,000

671.900

562.900
15,297,200
5,423 000
1,309,0(0
6.596.700
5.526.600
5.930.800
901,000
909,800

4,256,000
1,261,000
324,000
1.728.300
577.400
2,291,309
! 87,100
257.800

2,908 900
1,457,00
265,000
594 400
295.800
49,400
264.800
861,1(0

901. W0

220.0 0

1,134,000
4,356,200
1.941.100

lbO.OOO

$81,435,200 $283,788,100 $16,888,200 $59,525,100 1 229,994,200

$24,832,500

American.

1,000,000

Dry Goods
Total
No

4i 5.000

1.543.500

300,000
400,000
350,000
300,000

...

223.600
9,700
223.100
45,200
16.100

15.416.800
15,303.' (X)
1.196.800

2,000.000
500,000

Manufact’rs’A Mer.
Fourth National....
Central National...
Second National....
Ninth National.
First National
Third National
N.Y.National Exch.
Tenth National......
Bowery National*..
New York Co. Nat.

1,213,200

2,220,'00

1,500,000

East River

58,000
106,600
15.100

4,071.800
2.938.600
3,127,3"0

1,000,000

Grocers*
North River

375.800

2.164.300
2,866,000
2,535,000

1,000,000
1,000,000
1,000,000

Bank’g Asso.

44.100
293,(XX)
404,000

1.550.100

1,000,000

Citizens
Nassau
Market
St. Nicholas
Shoe aud Leather..
Corn Exchange

*

4,036,900
2,'93,0(0
11,835,'00

5,000,000

Mercantile

4*1*3,406

2.525.900

1,000,000
5(0,000
4,000,(00

.

German

950,500

2,926, UX)
1.158.700
5.282.500
12.310,300
19,633,200
5.555.400
3,990,' 00
1.921.100
5.242.800
2,8h5.500
1.480.400

1.000,000

Seventh Ward
State of N. York..
American Exch’ge.
Commerce

Park
Mecti.

Circula¬

LoanB and

Importers’A Trad’rs

117# Mch.
62# Apr. 21
79# Jan. 24

80# Oct.
21# Nov.
13# Nov.

370,710
218,423

313,500
242,607

1,063,993
Oct.
87,303

of

Month

....

Oriental
Marine

-Whole year 1873.Lowest.
Highest.
90

2,849,690
2,151.520

322,532

1,717,766
3,026.489
1,076,541

Continental

The entire range from Jan. 1,1873,to this date was as follows:
-Jan. 1, 1874, to date.-

2.618,025

America
Phoenix

9o# 80#
81# 32

16
16#
82 <
31#
107# >107
109# 109#
25#
27
85#
36#
10
9#
115% • *115
30
80%
32%
32%

6.3^4,667

been

28# 28#

42#
59# 59#
99# 110#
86# 37
56# 56#

6,453.051

Treasury have been

28#

41#

114,034

8,031*449

1
1#
1#
2# Quicksilver ...... 1#
1#
The transactions 1 or the week at the Custom House

130

29#
81#

1.660,374

132,859

Northwestern

follows:

;

29# 29#
29# 29#
28#
60
81
81# 92%
82#
31#
32# 32#
31# 32#
40# 42#
41# 42#
41#
60
61
58# 60
59#
100# 101# 100# 101# 10o#
36#
3'# 37#
86# 37#
56
55# 57
56# 57#
14
14#
14# 16#
15#
31#
32#
31#
81#
31#
*105# 107# 107# 107# 107#
It 9# 109# 109# 109# M09#
27 " 27
26# 27# •26#
85# 36#
35#
35# 36#
“
10
10
10#
10# * 9#
114# 114# *115
80*'
SOX 81
80#- 81
32# 82#
32# 32% 32%
39
39
39
39
•3 #
45# 4--# 45
45%
4»%
‘118# 119# 119
64 X 64#
64# 64# *64#
*80# 81
63# 63# *63
60# so# •80#
•..

do
pref.
Pacific Mall....

»M#
•63#

prices have been

1,756,118

Gold for % bonus..
%
W. Union Tel......
#
Pacific Mail
%
Y. C. & Hud...
N.
%
Harlem.....
2
Erie
1
bake Shore
#

Tuesday, Wednesday,'Thursday, Friday,
Nov. if.
Nov. 18.
Nov. 19.
Nov 20.
1'>1# 102# 101# 102
101# 101# 101# 101#

Mondav.

35,593

the market.
Puts below. Calls above.
60
30
60
30
Nov. 21, 1874.

of the Atlantic and Pacific Railroad, now the lessee of the Pacific.
Prices at the close were barely steady at a fractional decline from

Saturday,

43,291

tance from

only moderately active, with fluctuations limited to a narrow
raDge, and no definite drift to tbe market. On a comparison of
to-day’s prices with last week, it is found that tbe course of tbe
various stocks has differed materially.
New York Central, Lake
Shore, Erie, Western Union Telegraph, and some others show a
slight decline, while the leading Western stocks—Northwest and
St. Paul—have advanced.
Ohio and Mississippi is also higher.
Wabash advanced early in the week, but lias again fallen off, tbe
latest earnings now show an increase over the same wt>ek of last
year. A decision of the United States Supreme Court confirming
the validity of the transfer of the Pacific Railroad of Missouri to
the company by the State of Missouri, has had a marked effect
upon the stock and bonds of that company, and also on the stock
the highest prices of the day.
The daily highest and lowest

17,003
392.510

quote stock privileges, $100 for 100 shares, 30 days; $150 to $200, 60 days
Members New York Stock Exchange or responsible parties), at the following

4.89#@4.90
4.88% @4.89#
5.13%@5.11%
5 13#@5 11#
5.13%@5.U%
41#@ 41#
96%@ 96#
96#& 9H%
9«#@ 96#
96#@ 96#

@4.85#

35,119

Lapsley & Bazley, Brokers, 74 Broadway and 9 New street,

4.89 *£@4.90#

4.84 @4.35
5.15#@5.14#
5 lfi#@5 15

358,166

West Wisconsin

-^November 20.*

3

30,395 1.035),268
28,630
1,507,000 1,315,470 11,824,903 11,674,276
79.099
81,918
£88,506
332,313
8,726
7,890
Month of Oct.
399,445. 416,354 3,455,029 4,161,661
1st week of Nov.
7.235
5,595
Month of Oct.
804.097
797,121 6,498,302 6.928,694
1st week of Nov.
81,322
30,450 1.424,061 1,327,104
Month of Sept.
175,813
2C5,376 1,345,518 1,438,219

Mo. Kansas & Tex... Month of Oct.
Month of
Oct.
Mobile & Ohio
Ohio & Mississippi.. MoDth of Oct.
St. L. Alton & T. H.. 2d week of Nov.
do
branches. 1st week of Nov.
fct. L. I. Mt.& South.. 1st week of Nov.
St. L. A Southeast.. 3d week of Oct.
St. Paul & S. City,&c Month of Sept.
Toledo P. & Warsaw. 2d week of Nov.
Tol. Wab. & West.. 2d week of Nov.
Union Pacific
Month of Sept.

the

60 days.
4.85#@4.86

$824,773
4,364,664
986,341

Michigan Central.. 1st week of Nov.

on

Prime bankers’ sterling bills
London good bankers’ do
>ndon prime com. ster do
PXris (francs)

4,399,649

Intern# &Gt. North. 1st week of Nov.
Month of
Oct.
Kansas Pacific
Marietta & Cin
1st week of Nov.

Monday to 5 per cent it had the immediate effect of
patting up the rates of exchange here to 4 87 and 4 91 for long
and short sterling, respectively. These rates were not sustained,
however, and prices subsequently fell off till Thursday, when
advanced

..

Cleve., Col. Cin. & I.

1 00

ft

.

$898,549

87.307

104.8C0

.

1 06

1 04 ft

! Specie thalers

$152,555

Atchison, T. & S. Fe Month of Sept. $110,563

23

62
1
8
@4
ft 7
ft 7
ft 6
ft 4
ft 16
(<t 15

4 77

1873.

1874.

Roads.

Jan.l to latest date.
1873.
1874.'

reported.

Latest earnings

the quotations in gold for foreign and Ameri¬

The following are
can coin:

market

[November 21,1874.

.THE CHRONICLE

622

3,000

406’, 300

5,800

223,000
340,1(0

885,000
465.800

report—same as last week.

The deviations from the returns of
follows:
Loans

Dec. $1,278,600

Specie. .
Legal Tenders......

Inc.

The

following

Ioc.

are

Loans.
Oct. 3....
Oct. 10....
Oct. 17....
Oct. 24....
Oct. 81....
Nov. 7....
NOV. 14..,

281.277,000
231.377.800
282 275,200

281,873,700
281,95$,700
285.066.700

283,788,100

Net

previous week are ap
Inc. $3,240,Sr0

Deposits.

Dec.

4,3:3,400 Circulation
73,400

250,400

the totals for a series of weeks past:
Legal

Specie.
18.374.200
•16.9i6.700
15.0! 7.800
13.585.200
12.0.1,100
12.574,800

16,888200

Tenders.

63.966.100
62,894,200
60.697.000

5^,830,800
59.621,600
59.451,700
59.525.100

Deposits.

236.925.900
238.471.200
230,122.7(X)
226.804,800
225.852.700

226.758.900
229.994.200

Circu¬
lation.

Aggregate
Clearings.

25.419.600
25.’. !5,800
25.060,5(X)

516,055,766
481,795,675
465.875.847

25,018,500

447,768,716

25,057.500
25,082,900
24

8-32.500

894.770.672
446.584.180
450,809,151

21, 1874.]

November

Capital.

Banks.

$750,000
1,500,000

Atlantic..
Atlas
Blackstone

1,500,000
1,000.000

Boston

600,000

Boylston

200.000
500,000
1,000,000
1,000,000
1,000.000

Broad wa>.
Central...

Columbian
Continental
Eliot

400/00

Everett
Faneull Hall
Freeman’s
Globe
Hamilton

1,000,000

300,000
1,000,000

750,000
1,000,000

Howard
Manufacturers
Market
Massachusetts

500,000
-

Maverick
Merchants
Mount Vernon
New England
North
Old Boston

800,000
800,000
400,000
3,000.000
200,000
1,000,000
1,000,000
900,000
1,000.000
1,000,000

Shawmut
Shoe A Leather
State
Suffolk

2,000.000
1.500,000
600,000
2,000.000
750,000

Traders....
Tremont

Washington...^

1,000,000

First
Second (Granite)...
Third
Bank of Commerce.
Bank of N. America

1,600 000
300,000

2,000,000
1,000,000
1,000,000
1,500,000

B’k of Redemption.
Bank of Republic...

Commonwealth
City

500,000

1,000,000
1,000,000
1 000,000
1,500,000
2,000,000

Eagle
Exchange
Hide & Leather
Revere

Security

200,000

Union
Webster

1,000,000

1,500,000

Monday*

Specie. L.T. Notes. Deposit*.Clrcul.
$523,000
$69,000
$428,500
$9.3'HI
51.667,900
70.500
931.600
765 703
3.135.100
3,410
233 000
1.8MUC0
768 5oo
83.900
4.436 900
784,6'JO
4.4 i0
102.600
56/l'.i»;
2.267.500
565.71*0
4.7.0(H)
1.710.500
2.',000
17,5u0
37.000
242.200
167.500
529,000
55.300
700,400
150.0i 0
1,174,000.
669.900
33.500
790 7(H)
4,000
2.587.800
788.700
53.800
1,00
2.182.400
573.70
83.700
30.400
733.200
774.100
2.611.800
423.000
50.800
873.900
116.30,1
4,100
64.100
166.800
1,183,100
2.877.100
493.900
660.000
7c,000
2,200
8)6.000
1,740.000
187.000
9.8.800
355.30'
11,000
2.344.2(0
85 900
8.4.200
241 90
17.900
1.839.300
913.200
169.100
2.500
445.1(4)
2,5097000
62.900
501,1U0
147 500
1.107.300
694,500
10.300
16.500
349.490
1.745.200
886,000
162,200
1.962.800
46,5U0
359.000
100
70.200
590,790
1.292.200
246.2()C
1.559,800
7,621,700
141,700
1,464,900
9,37U,900
71.900
413,000
6-25.60C
173,700
76.500
963.600
11.400
7t0,5o
2.572.900
125.500
26.7U0
1,3(6,600
2.937.910
682.300
137.900
179.400
1.069.7U0
2.031.400
328,601'
156.400
831.200
40.300
586.300
2.478.900
203,3U0
11.600
1,( 57,900
492,30tj
3,169.600
19.900
58,100
982,000
1,053,400
3,7(6.400
173.800
15.800
916.800
727.600
3.475.200
31.500
759.700
172.600
1U.3W
1.443.500
6! .300
840.900
6(7.00
154.200
3.493.700
6.200
702.800
579.00
78.800
1.995.900
5,800
1.102.900
672 900
227.200
4.289.400
237.100
1,822.000
629.00C
282.900
4.843.700
35/00
168.500
1,0.5,000
105.300
1.390.20C
2,400
2.365,200
591.500
475.600
5.346.500
7.000
566 500
566,‘200
159.700
2.115.800
137,800
1,752.610
681.800
217.300
6.280.900
875,000
786.900
188.200
8.06:,300
8/66
300OO0
2,204.500
237,000
2.894 50C
18,400
410.900
114.300
582.200
1.999.900
8.500
965 100
199.600
823/00
* ,035.300
72.700
777.5(H)
214.400
1,831,:300
4.743.700
22.500
140 900
751,80V
943,000
3.475.700
269.300
2.277.900
5,200
60J,0! 0
5.006.600
600
178.000
700
960.700
98
975,300
53 .30
902 300
67.700
17.800
2 593.4T0
5,200
477.500
71.300
1,005,100
2,614.000

61,800 Circulation
255,000 I
The following are the totals for a series of

Currency
5s,gold
Chicago Sewerage 7s
do
Municipal 7b

AugustSl
Sept. 7
Sept. 14
Sept. 21
Sept; 28
Oct. 5
Oct. 12
Oet.. 19
Oct. 26
Nov. 2
Nov. 9
Oct. 16

131,818,100

2,670.400
2,436,(00
2.253.800
2,133,300
1,9(7,600
1,914,600

132,527,600
132,563,100
132,246.100
1S2.IW1.400
131.94 t.600
131,593,000

:

Decrease. $369,(TO
Decrease. 170.700

43,757.700
49,*96,500

25.t66.8C0

49.932.500
49.830,600
48,721/00
51.149,000

2

013,200
25.112,700
25,030.400
25,(00,600
24,955.7' 0
24.941,300
24/85,800
24.836,610

50.721.500
51,020.600

51,705,400
52.702.500
51.6:6,200
54,247,200

7,763,700
8,( 11,900

1,642,900

1,3*0,100
1,340,600
1,402,400

25.'04.900

8,086,700
7,831.700

Philadelphia

North America

8pecle.

$5,6S5/K)C

$52,000

6.532,300
2.702,000
2,297,000
2,629.000
1.282/25
1.025 760
1,309.235
2,329,-u7
2,3-0,000

41,600

250,000

777.112

1,000,000

Farmers and Mech.
Commercial

Loans.

3,946,000
1,549,000

3,305
14,000
15,000
10/60

4.977.000

2,000,000

810,000
800,000
500,000
250,000
250,000
500,000

Mechanics
Bank N. Liberties.
Southwark

Kensington
Penn

400.000

Western
Manufacturers’....

1,000.000

Bank of Commerce
Girard
Tradesmen’s
Consolidation

200,000

1,186,374
1.566,788

300,000
400,000
300,000
500,000
500,000
1,000,000
300,000.
150,000
250,000
275,000

City
Commonwealth..,.
Corn Exchange....
Union
First
Third
Sixth
•Seventn
Eighth
Central
Bank of Republic..

•

•

•

$1,350,000
; ,108 ouo
1,724,510

10,200
2,223
•

•

•

con¬

82,711

2,014,000
1,608.000

42,000
1,000

1.015.00C
4/70.000
2,123,000
712,000

750,000

1,(83.672
651.2 '2

195,250

351 286

209,190

837,000
762,000
253.651

913.518

Sept. 7
g“nr. 14
Sent. 21

.

373.601
355.525

37K,469

Sept. 28
Ocl.
Oct.
Oct.
Oct.

5
12
19
26
Nov. 2
Nov. 9
Nov. 16

....

....

....

....

.

...

14 699.374
14.563 865
15 042 571

14,636,675

456.004

60.564,873

,

335.160
326,019
318,325
292 67
325,955

817,170

6‘..322.241
6< ,761.307

61,440.912
60.992,899
6i,234 827

14.510.9(6

11,634,729

14,293,003
14.252,5(2
li,806 753
14.916.057

jBid.
73, 1877.
Perm. Imp., 6s, g. 1391
do
7s, 1.-591
Market Stock bond, 7s. 1?92..
Water Stock bonds 7s, 1901....

! 93
1

93’

86%

89

67%
Water Stock 6s 1869
1874
do
5 year

Cers.,7 3-10, 1875

..

1892..

98*

1902.. 89"

99%

do
do
do

89

§r
Water

s;%
50

8%
52%

River.

Pennsylvania...^...

16

Philadelphia & Erie
Philadelphia & Reading

54%

Philadelphia & Trenton
pniia., Wilmlng.* Baltimore.
United N. J. Companies
West Chester—
do
CANAL STOCKS.

13%
49

Morris
do pref

122%

Pennsylvania
Schuylkill Navigation....

6%
12*

pref

790,000

Alleghany Val. 7

weeks
Deposits.
47,929.875
47.328.599
47,4-2.226
47,65) 916
43.411,915
48,28>.2)2
48,5 )9 244
47,972.670

11.457.466
11 484,390
11,4*5,486

•

11.456 135

11.419,687
11,451.315

*i.«37 512

11,436,601

4S .537.251
48 152-69

11 88»267
1( .340.734

48,923,022

11,329,98?

Certificates,Sewer, 8a, 1874..
do

61%
4<%

55”

54
91

189,000

18.5
1876
1877
1878
Series.
do

Ten year Bonds, 6s, 1878
Fund. Loan (Cong ) 6, g,
do
(Leg), 6s, g,




65%

18

61%
47%
52%

Nesqnehonlng Valley

413,000

Cers., Gen. Imp. 83,1871
88%

12

Minehtll

993 000

Ask

3-10s.’.896

Ts E.

do

do

Cam. *

Atlan. 1st m, 7s, g,

new

.

1875....
1376....
1377....
1878....

Series.

Certificates,8s, 1877...

88%
88
88
S3
63
68
63
63
68
64
90

99

89%
09%
89 %

89%
9J

91*
94 %

99%
116

1508

99

5s,ptrp

1898
do
do
7s. 1910
do
doCon.m1923
Little Sch uylktll.1st M., 7,1877. 101%
Northern Central 2d m, 6s. *85.
do
do 3d m,6s, 1900
do
con. m. g. 6s. 1900
Northern Pacific 7 3-10s. 190C.. 23
103
North Penn. 1st m, 6s, *85
do

gen.

.

mort. 7s, 1903

104*'

OilCr*** * A2.
con. 7s, ’88. 52%
75
Oil Creek 1st m. 7s, ’82
Penn A N V.C AR R. 7*.’9«-190« K5
.

Central Ohio
do

R0% 101

70

50'

93%
92%

63%
•

80
90

S8
94

103

7-30s

LOVI8VILLE.
to’87
6s,’97 to’98
Watei 6s,’87 to ’89..
Water 8tock 6s, ’97

Wharf 6s
special tax 6s of ’89.

Jeff., Mad. * I.lstM.(IAM)7, *81
do
do 2d M.,7,.
do
do 1st M.,7.1906....
LouiST.C. * Lex., lstM.,7,’V7..
Louis. A Fr’k., 1st M.,6,*?0-*78..
do

F5
91

104
1(0
92
100
102
1(5
94
87
98
92
ira
88
86
75
92
96
89
88
PI
90
80
75
65
90
60
95
38
102
94

81
80
e3
81
80

82
81
34

81%

84
62

81

70
82
71
85
86

98
82
82
97
*6
81
84

l8tM.(Leb.br.ex)7.*80-’Kj
Lou.L’n(Leb.br.ex)6,’98
Consol. 1st M.,7.1898..,.
Jefferson., Mad. & Ind...
*7
do
do
do

Loulsv.,Cin. A

•• %

100
65
100
175
5

1W% Id

LoniBV.Loan,6.'81.
L. * Nash. 1st M. (m.a.) V7L.
do Lou. Loan (m.s,)6, *86-*87
do
(Leb.Br.) 6, *86
do
do IstM. (Mem. Br^.TO-TB.
101%

Lex.,pref.

4

70%
39

72%
86
87
94
33
83
98
87

S*
• •

* •

8
6

do
common.
do
83
34
Loulaville A Nashville...
8T. LOUIS.
•91% •92%
8t Louis 6s, Long Bonds
*9 % 1.1 %
io
Water 6s gold,
do
do
do (new) *99% *!01
34
85
North Missouri. 1st M. 7s*.. .
At.* Pacific guar,

102

93

44%

Cincinnati 5s
do
6s
do
7s

dot
do
do
do
do

1C4%

45

preferred

CINCINNATI.

l66'

reg,

2d m. 7s. *96
10s, chat. m.,*77

103

93
Marietta A Cin., 1st M.,7,1891. 104
do
do
2d M.,7,1896. 92%
Norfolk Water 3s
North. Cent. 2d M.t S. F.,6,’85. 93
do 3d M.,8.F.,6,190( 87
do
do
do Id M. (Y. A C) 6,'77 95
do
do Cons, (gold) 6,1900 92%
Pitts. & Connellsv., 1st M..7, *98 82
do
do
1st M., 6,1880
99
West Md, IstM., endorsed.6, ’90
do
IstM., unend.. 6/90.. 79
do
2d M.,endorsed,6,’90. 09
170
Baltimore & Ohio stock
3

100*

..

do
do

101%

Louisville 6s,’82

1898

Ao

101

95

Harrisburg 1st mort.6s ’83....
105
103
H. * B. T. 1st mort. 7s, '90
do
2d mort. 7s, *75.... 97% 98%
do
3d m. cons. 7s,’£5. 43%
Junction 1st mort. 6s, ’85.. ...
do
1900.....
do
2d
do
do
do

108
100
101
102
101
102
102

Columbus A Xenia stock
37
Dayton * Michigan stock .... 1(0
do
8 p. c.st’kguar
93
Little Miami stock

101% 101

Cayuga Lake 1st m. gold 7s . .
Connecting 6s 1900-1904........
43
Dan., H. & W likes, 1st m.,70/87
102
East Penn. 1st mort.7s, ’88
98*
El. & W’mspoit, 1st m, 7s. ’30.

do

1884
do
do
6S.190C
do
1890. Park 6s
Baltimore * Ohio 6s of *75
do
do
6s of ’80...
do
6s of'.85....
do
Central Ohio, 1st M.,6

73

do
(I. AC) lstM.,7,1888
Little Miami, 6,1883
Cin. Ham. & Dayton stock....

Hi
85

7s, 1900

do

Baltimore Cs of'75

do

95

do
2dm,7s,’8U..
Cam. & Burlington 8s, 13*7...
Catawissa, 1st M.conv.,’82....
chat. m. do
do
’88....
do

100

90

scrip

85

do
6 s, 83
do
6s,’89
do mort. 6s, ’89.

do

98

Cincinnati Southern RR. 7s... 99
90
Ham. Co.,Ohio 6 p. c. long bd».
9
7 p.c.,lto5yrs 97
52 *
do
do
do
do
lg hds,7 * i.80f 100
16%
100
54* Cin. & Cov.Bridge s»ock, oref 02
do
bonds, short
do
bonds.long. 84
96
129
Cin., Ham. & D„ 1st M., 1, 80...
do
do
2d M.,7,'85... 90
100
do
do
3d M., 8,77...
80
Cin.. Ham.* Ind.7s guar
86
Cin. & Indiana, 1st M.,7
do
do 2d M.. 7,1877.. 18
90
Colnm., & Xenia, 1st M.,7, *90
95%
48* Dayton & Mich., 1st M.,7 81.. 83
do
2d M.,7, 84..
do
do
do
3d My 7. ’88.. 85
126'
90
do To’do dep. bds,7, ’81-’»4
85
Dayton * West., 1st M.,7,1905
do
do
1st M., 6,1905 75
13
T2
9% Ind., Cin. & Laf., 1st M.,7
82

....

Ext.,19.0

BelvidereDelaware.lstm 5 ’77
do
do
2d M. 6s, 85
do
do
3d M. 6s,’87
Camden A Amboy, 6s, ‘75....

do

88
88 ^

6

Susquehanna

do

£>%

Parkersburg Branch

*8’

..

Valley...
Little Schuylkill.

530 000

Cer;>fr f stock (1843)68, at pleas
Board of Public Works—
do
do
do
do
do

39

pref.

4,077,000

Hid.

96%

35

Lehigh

Lehigh Valley, 6s,

34

106

Union
RAILROAD BOND8.

Ask

90

105%

Harrlsh’g, Lancaster

791.000

WASHINGTON, D. C.—PRICES.
Wash. Co. S. bonds, 7b, 1576...

108%

Pennsylvania

do

83* ’

lOV

gold, ’97

do

Williamsport
Williamsport pref..

135,000
219/50
226,790

471,000
&32.000

conv., ’82
conv., g,’94.

Susquehanna 6s,'94
BALTIMORE.
Maryland 6s, Jan., A., J. * O.
do
6s, Delence.

32%

NorrlBtown
Northern Central
North P jansylvania.
OilCrejx & Allegheny

80

98
Morris, 1st M.,6,1876
98
2d M.f 1876
do
120*
do
boat, *85
44
45
70
*86
Pennsylvania 6s, 1910
87
90
107% 108%' Schuylkill Nav. 1st m. 6s, ’97.. 77
do
2d m.,6s,190‘
no* 111
76%
do
m. 6s. c.. ’95.
4
do
6s, imp.,’80... 86
20% 22"
do 6a, boat* car,1918
40
do 7s, boat Acar.ftK3 85'
*83%

pref...
new pref

450.000

190,000
245,000

Specie. LegaiTender.
15.33S.583
471.824

150
99

*

Chesapeake* Delaware
Delaware Division
Lehigh Navigation

...

Loans.

140

41
15
41

do

46"

97%
97%
92*

*77

do
do
do
do

53%

Atlantic
do
pref

2(0,000

$16,435,000

Date.

*73
Lehigh Navigation 6s, *84
do
RR, ’97....

Delaware State 6s
RAILROAD STOCKS.

do

•71*

CANAL BOND8.

Alleghany County,5s, coup...
Alleghany City 6s
Pittsburg 5s
do
6b
do
7s
New Jersey State 6s, Exempts

Huntingdon

75*’

Wilming. A Read.,lstM.,7,1900
do 2d Mort, 1902
do

CITY BONDS.

AC
& Broad Top

74%

Warren & F. 1st m. 7s,’96
1C2
West Chedtereons. 7s, '91
West Jersey 6s, ’83...
96
do
1st m. 68,’96
do
do
7s, ’97
Western Penn. 6s, ’98
do
6s, p.b..’9f
do

123“

6s, new

do
do

77

Delaware Division 6s,

53%

6s,’67,5-10,1st...
do
10-15, 2d...
do
15-25. 3d...
Philadelphia 6s, old

do

7s, 1893 104%

Sunhury * Lewiston 7s, 1660.,

Pennsylvania5s, coup.........

Catawlssa

new conv.

Pitts., Cin. A Bt. Louis 7s.

PHILADELPHIA,

Camden &

do reg,191! 106
6s, g., 1971..

Shamokin V. & Pottsv. 7s, 1901.
Steubenville A Indiana6s....

72

Rutland common
do
preferred
Vermont A Canad-a
Vermont A Massachusetts
•
Ex dividend.

do

m.7s,C. l»ll

Phil, a Read. C.AI Co.deb.7sN2
do
do 1st m. 7s,’92-8

137

Fitchburg
Manchester & Lawrence
Northern of New Hampshire..
Norwich A Worcester
Ogdens. A L. Champlain.......
do
do
pret.,,,
Old Colony a
Port., Saco & Portsmouth

STATE AND

g.

8

pf.

95* *
95

85

75%

WestJersev

2&5.000
94.000

1,079.000
-104,000
94,000

71

Eastern (Mass.)
Eastern (New Hampshire)...

60(5,000
178.000

$61,211,860 $347,170 $14,634,729 $48,923,022 $11.329,98?
The deviations from the returns of previous week are as follows;
Loans
r»ec. $23,037 > Deposits
Inc. $770,153
Specie
21,215 I Circulation
10,797
Inc.
Dec.
Legal Tender Notes
Dec.. 231,828 1
The following are the totals for a series of
past Circulation
:

Total

Concord
Connecticut River
Connecticut & PassumpBic,

1,930,000
1.222,000
3,4 '5.000

203 000

:ii%

103% 104%

790,268
934.694
562.094

1,165,000

....

210.335
532,0)0

l,168,i >00

177,731
760,000

10,000

218.00)
780.OUO

964.570

301.394

82',000

201,085

2,535.626
1,405.453
6)0,635
3,4*8,000

333,000
183,850

2i0OO

477,000
444.000

2.641,000

1,809,000

5.700
8,000

8,992.000
1,02), 8)3
5*8.000
579,000

1.565,000

3O5.C0O
243/39

1,431

770.000

1,000,000
605.000

2,202,000

269.745
628.836

1.000

*111

Chic., Bur. A Quincy
Cin., Sandusky A Clev.stock

East

Deposits.Clrcuiat’n.
$1,291,000 $1.000,090
3,721,000
5.625,<00

793.000
446,000
499,000
379/21
201,0 0

3.500
9/CO

803,>504

1,000,000
250,000

Security

•

L. Tender

22%

82*

145% 145%

24,744,400

Philadelphia National Banks for the week ending
Monday. Nov. 16, 1874:
Total net
Capital.
$l,500,00C
1,000,000

90

M (new)7.

’

24.915.100

Philadelphia Banks.—The following is the average

Banks.

93

Boston A Maine
Boston A Providence
Cheshire preferred

Elmira*
Elmira *

dition of the

do
do
do
do
do

99%

Ogdensburg A Lake Ch. 8s
Old Col. A Newport Bds, 7, ’77. 104* 105 ‘
Rutland, new 7s
Stansted A Chambly 7s
20
Verm’t Cen., 1st M., cons., 7, ’86 16
do
2d Mort., 7,1891
59”
Vermont A Can., new. 8
Vermont & Mass., 1st M. 6,’88.
131* 131%
Boston A Albany stock
* 91
Boston ft Lowell stock

weeks past:Circulation
Deposits.

9.742,200
9.336,000
9.214.400
8,715,6(0
8.750.100
8,5*7,800
7,958,300
7.491.400

2.753,200
2.640.200

129,696.60 0
130,460,.’00
131.256,600
131,533,600
131,940,400

99

9i%

Cheshire,6s
Eastern Mass., 7s..
Hartford & Erie, 1st

103%

M.,6,1875...

do
7s, *90
deb. bonds ,’9S

do

99

Portland 6s
Burlington A Mo. L. G. 7s

2d

gen. m. 1910.
Ren. m., reg., 1910

Philadelphia * Reading 6s, *80

do
do
do

LegaiTender.

Specie.

Loans.

109

do

Nov. 16, Is $23,285,500.

Increase.
Decrease.

Date.

Ask

do
Perklomen 1st m.6s,’9T.
Phila. * Erie 1st m.6s, ’81
do
2dm. 7s.’88

161’

Boston 6s,

$54,247,200 $24,744,400

follows

do
do

1i)»*
101%

Massachusetts 6s, Gold
5s. Gold
do

1

The deviations from last week’s returns are as
Loans
Decrease. $247,600 1 Deposits
Specie

Bid.

8KOTJBITIK8.

Pennsylvania, 1st M.,6,1880...

BOSTON.
Maine 6s
New Hampshire,6b
Vermont 6s

Not received—same as last week.

Legal Tenders

Bid. Ask.

BKouBiTixs.

Loans.

Total
$49,550,000 $131,693,000 $1,402,400 $7,831,700
The total amount “due to other Banks.” as per statement of
*

QUOTATIONS IN BOSTON, PHILADELPHIA, BALTIMORE. &e.

Bosto11

give a statement of the

floston Banks.—Below we

National Banks, as returned to the Clearing House on
Nov. 16, 1874:

523

CHRONICLE/

THE

land grants

2d M
do
Pacific (of Mo.) 1st M. gld..
do
do
2d M. bdB. .
do
do
stock
Kansas Pacific stock
•

81
25

95%

86%

75

80
47

46
3

_

55
80

1st M. gld 6s. J. A D..
•do
.‘do do F.AA
And interest.
tTlat.
do

•

56%

62%

64

{November 21, 1874.

THE CHRONICLE

524

YORK.

IN NEW

United States
'

QUOTATIONS OF STOCKS AND BONDS
Prices represent the
are quoted in
Bonds ana aetice Railroad Stocks are quoted on a precious page and not repeatedahere.
separate list.
cent value, whatever the par may be.
“ JV. T. Local Securities

SBCUKITIXS.

State Honda*
Alabama 5s, 1888
do
58, 1886
do
do
do
do

86,1886
8s, Mont. & Enf ’la R.
88, Ala. & Chat. R....
88
of 1892..

Consolidation Coal of Md
Cumberland Coal & Iron

38
38
48

Arkansas 6s, funded.
do
7s, L. R. & Et. S. Iss.
7s, Memphis & L. R.
do
7b.L.R.,P.B.&N.O.
do

„

„

Mariposa Land &

.

.

do

....

20

7b, Mies. O. & R. Riv.
7s, Ark. Cent. R. .. 112*4
California 7s
do
7s. large bonds.. .. 104
Connecticut 6s
79
,

do
do
do
Indiana

7s, new bonds.
7s, endorsed
7s, gold bonds

•

•

do

1877

102

1879

Kentucky 6s
Louisiana 6s
do new bonds.,
do
do
do new floating debt
do
7s, Penitentiary....
do
do
do
do

102
101
27
25
21
22

27M

68, levee bonds
do
8s,
8s,
do
1875.

of 1910.

8s

Michigan 6s, 1878-79
do
6s, 1883
do
7s, 1890
Missouri 6s, due in
do
do
do
do
do
do
do
do
do
do
do
do

do
do
ex eou
Chicago & Alton sinking fun
1st mort...
do
do
do
do
income
Joliet & Chicago, 1st mort
Louisiana & Mo.. 1st m., guar.
St. Louis, Jack. & Chic., 1st m.
Chic., Bur. & Q. 8 p. c. 1st m..
Chicago, Rk. Island & Pacific
Central of N. J., 1st in., new..
do
do
2d m
do
do
con. conv....
Am. Dock & Impvovc. bonds..
Mil. & St. Paul 1st in. 8s, P. D
7 3-10 do.
do
do
do
do
7s, gold, R. D.
do

1876
1877

1878
1879
1880

T

.

f

-

t

-

-

....

» T

.

••

97

27

do
do
do
do
do

....

Han. & St. Joseph, due 1875.
do 1876.
do
do
do
do
do 1886.
do
do 1887.
do
New York Bounty Loan, reg
do
coup.
do
do
6b,
6s, Canal Loan, 18i5.
1877.
do
6s,
do
do
1878.
do
6s,
6s,
6s, gold reg
1887.
coup..1887.
do
6b, do
loan
6s, do
do
do
do
6s, do
do
5s, do
do
do
5s, do
do
North Carolina 6s, old, J.
J.
A. & O..
do
J
N. C.RR....J.&
do
do
A. & O..
do
do coup off.J. & J
do
do do off.A.&O..
do
do
Fuddiug act, 1866..
do
1868..
do
New bonds, J. & J..
do
do
A. & O..
do
do
Special tax, Class 1
do
Class 2.
do
do
Class 3.
do
do

93
95

....

96

98*
94
94

95
95
...

29"

't

-t

t

..

Imrs.l8tm.7s, S. F.
j Del., Lack. & Western, 1st m
do
do
2dm.
1
do

120

do

7s, eon

Morris & Essex, 1st mort—
do
do
2d mort
|
do
do
bonds
do
do
construetioi
7s of 1871....
do
do

'

|
30* i

29
51

30*,

51

i

58
.

60

78
90
72

.

70

2d mort., 1893.

Quincy & Toledo, 1st mort. 189(
Illinois & So. Iowa, 1st mort...
m

....

....

.

•

.

_

Western Union

....

....

99* 400
107* 108
91

Atchison,

84
90

77*

80
•

•

-

T

.

103*

96
85

ioi" l6f>"
99

100
96

do

....

Keokuk & St. Paul 8s...
Carthage <fc Bur. 8s

106*'
-■

109*

102* iDixou,Peoria &

ii‘2"

107*

{i

102* 103
91
94
98

_

_

-■I

Erie, 1st mort., extended
do
do
endorsed
2d mort., 7s, 1879
do
Sd do
do
7s, 1883
do
4th do
7s, 1880
5th do
7s, 1888
do

40"

.....

*

55
96
65

*

-

.

Peoria & Hannibal R. 8s..
Chicago & Iowa R. 8s....

RR. 7s..

gold 6s

Columbia, S. C., 6s

Columbus, Ga., 7s,

.

60
75
40

62*
65

do
do
do
do
do

55
70
62
70
74
75
50

bonds

43

55
40
40

65
80
70
40
52
45
43
GO

consol. 6s
bonds, 7s
gold 7s, quarterly

10s
to railroads, 6s..
Norfolk 6s
.
Petersburg 6s
Richmond 6s

Savannah7s,old

...

45
63
70
83
85
85
65

.

7s, newr
Wilmington, N. C.,6s,gold....
do
do
Ss, gold....
do'

■RAILROADS.

Ala. & Cliatt. 1st ra. 8s., endr...
Ala. & Tenn. R. 1st mort. 7s...
2d mort. 7s—
do
do
Atlantic & Gulf, consol
end. Savan’h.
do
do
stock
do
do
do
do
do
guar...

80
20

50
65
1

95*

....

....

....

*

84
60
62

"

*

....

....

T

....

t

t

T

_

....

.

-

-

T

-

....

ttt

-

T

65

80
50
85
75
50

....

-

....

72'

....

X




.

.

.

85

.

.

(

,

T

.

....

....

"

80

74'

....

-

-

.

.

9

.

.

...

....

....

•

...

,

69*|

•

•

•

86
65
67
35
62
70
90
72
72
83
60
90
85
58
50
77
81
88
90
15
85
65
16
65
85
80

70
80
74
70
67
62
18
95

....

.

100

60*'

....

T

10
30

75

quoted.)

.

30
52
42
60

80*

.

„

'

80
75
50
70
70
70

72
85
85

F. L. bds.

do
2d m. gold 7s
99* 100 ' 1 Col. & Hock. V. 1st 7s, 30 years 85
do
do
1st 7s, 10 years 83
97* 97*
98* 100
do
do
2d 7s, 20 years 80
35
50
26
Chicago, C. & Dub. 8s
do
7s, cons. mort. gold bds.
97
98
25
Chicago, Bur. & Quincy 7s
Long Dock bonds
Gentral Georgia 1st mort. 7s.
45
Chic., Danv. & Viucen's 7s, gld
15* 19* Buff., N. Y. & Erie, 1st m.. 1877
consol, m. 7s.
do
45
14
20
Chic. & Can. South. 1st m. g. 7s
do
do
do
large bds .
do
stock
45
50
l66"
9
Ch. I). & V., I. div., 1st m. g. 7s.
Han. & St. Jo. land grants
Charlotte Col. & A. 1st M. 7s
84
82
9
7
Cleve., Mt. V. & Del. 7s, gold..
do
do
8s, conv. mort..,
stock
do
do
95"
100
Connecticut Valley 7s
6*
7* Illinois Central, 7 p. c., 1875
Charleston & Savannah 6s. end
70
100
101
Connecticut Western 1st 7s.
Dubuque & Sioux City, 1st m.. 97
Ohio 6s, 1875
Savannah & Char. 1st m. 7s
60
106
104
Chicago & Mich. Lake Shore..
do
do
2d div.
do 6s, 1881
Cheraw & Darlington 7s.
82
Dan., Urb., Bl. & P. 1st m. 7s, g 52* 60
Cedar Falls & Minn., 1st mort.
do 6s. 1886
East Tenn. & Georgia 6s
40
60
Des Moines & Ft. Dodge 1st 7s.
1(4
Indianap., Bl. & W., 1st mort
Rhode Island 6s
East Tenn. & Va. 6s, end. Tenn
26
Detroit, Hinsdale «fc In. RR. 8s.
do.
do
2d mort.
South Carolina 6s
E. Tenn. Va. & Ga. 1st m. 7s...
99* 99* Detroit & Bay City 8s
20* 23" Mich. So. 7 p. c. 2d mort
Jan. & July
do
do
do
stock
60" 60"
104
104* Detroit, Eel River & Ill. 8s
20*
Mich. S. & N. Ind., S.T., 7 p.
do
April & Oct
Georgia RR. 7s
103
106
26
Det.. Lans. & Lake M. 1st m. 8s
Cleve. & Tol. sinking fund..
do
Funding act, 1866
do
stock
do
do
2d m. 8s
98*
do
do new bonds....
Land C, 1889, J. & J. 17
do
Greenville & Col. 7s, guar
40
100
Dutchess* Columbia78
Land C,1889, A. & O. 17
Cleve., P’ville & Ash., old bds.
do
do
do 7s, certif....
65
98
17
Denver Pacific 7s, gold
do
do
new bdi
7s
...of 1888
do
Macon & Brunswick end.7s...
70
99
Denver & Rio Grande 7s, gold.
7* Detroit, Monroe & Tol. bonds
do
Macon & Western stock
80
88
99
102
73
Evansville & Crawfordsv.,7s..
Buffalo & Erie, new bonds. ..
Tennessee 6s, old
Macon & Augustabonds
85
56
Erie & Pittsburg 1st 7s
102* 1(4
56* Buffalo & State Line 7s
do
do ex coupon.. .
do
endorsed....
do
75
87
95
do
do
2d 7s
Kalamazoo & W. Pigeon, 1st
do
do new bonds...
do •
do
stock
85
78, epuip.
do
do
97*
55"v 56" Lake Shore Div. bonds..
do
do
do
ex co
Memphis & Charleston 1st 7s. .
1025^ Evansville, Hen. & Nashv. 7s..
55* 56
do
Cons, coup., 1st...
do
do new ser
do
do
2d 7s...
do
“84
Elizabethtown & Padu. 8s, con.
l66* 101
do
Cons, reg., 1st
Texas, 108, of 1876
do
do
stock .
83
94
95
39
Evansville, T. H. & Chic. 7s, g. 80
do
Cons, coup., 2d
Virginia 66, old
Memphis & Little Rock lstm..
95
Flint & Pere M. 7s, Land grant. 90
do
Cons, reg., 2d
do new bonds, 1866... 39
80
Mississippi Central 1st m. 7s...
Fort W., Jackson & Sag. 8s
Marietta & Cin., 1st mort
do
do
1867... 39
do
do
2dm. 8s....
l66" Grand R. & Ind. 7s, gold, guar l66 102
Mich. Cent., consol. 7s, 1902 ... 99*
do consol, bonds
do
Mississippi & Tenn. 1st in. 7s..
90
do
do 7s, plain
1st mort. 8s, 1802..
do
do ex matu d coup
do
do
do
consol. 8s.
92
45’
Grand River Valley 8s
do
do 2d serle
New Jersey Southern, 1st m. 6s
do
Montgomery & West P. 1st 8s.
Hous. & Texas C. 1st 7s, gold.. 85
13
do
do
consol. 7s
do deferred bonds..
do
do
do 1st end
Indianap. & Vlncea. 1st 7s, guar
New York & New Haven 6s.
KallroH<t "docks,
do
do income
85
9?" 97* Iowa Falls & Sioux C. 1st 7s...
N. Y. Central 6s, 1883
Mont. & Eufaula 1st 8s, g. end.
80
100
(Active previously
100
Indianapolis & St. Louis 7s
*
do
6s, 1887
Mobile & Mont. 8s, gold, end..
Albany * Susquehanna
90
Jackson, Lansing & Sag. 8s
68
do
6s, real estate.... 95
Central Pacific
Mobile & Ohio sterling
85
Jack., N. W. & S. E. 1st ra. g. 7s
100
do
ioi*
6s, subscription.
do
do
do ex certif
fit
Chicago & Alton
Kansas Pac. 7s, extension, gold 60
110
do
78,1876
do
do 8s, Interest
do
do pref..
....1
do
7s, land grant, gld 70
103
1(4
do
7s, conv., 1876....
do
do 2d mort. 8s....
Chic., Bur. & Quincy
65
do
7s,
do new.jgld
63
do
7s, 1865-76.
do
do stock
Cleve., Col., Cin. & Indianap..
ii2*
do
6s, gld, June & Dec 57* 60 I
do & Hudson, 1st m., coup, iii*
Cleveland & Pittsburg, guar... 37*
62*' N. Orleans & Jacks. 2d m. 8s...
do
6s, do Feb. & Aug 60
111*
do
1st mort., reg.
do
do certif’s 8s..
Dubuque & Sioux City....
80
do
7s, 1876, land grant
Hudson R. 7s, 2d m. s. fd. 1885.. 108*
Erie pref
N. Orleans & Opelous. 1st m. 8s
65
ioi
do
7s, Leaven, br’nch
si" ai*
do
7s, 3d mort., 1875.. 100
Hannibal & St. Joseph, pref...
Nashville & Chattanooga 6s...
25
do
Incomes, No. 11...
107* 108
Harlem, 1st mort. 7s, coup
Harlem pref
Norfolk & Petersburg lstm.8s
15
do
do
No. 16...
107*
97Y
do
do
reg
Illinois Central
do
do
7s
5
7*
85
do
Stock
%
98* North Missouri, 1st mort
Joliet & Chicago
do
2dm. 8s
do
102
Kalamazoo & South H. 8s, guar 92*
Ohio & Miss., consol, sink. fd. 96*
Long Island
Northeastern, S. C., 1st m. 8s..
95
Kal., Alleghan. & G.R. 8s,guar
93* 95
do
consolidated
do
Marietta & Cin., 1st pref
2dm. 8s...
do
85
95
Kal. & White Pigeon 7s
79* irO
do
2d do
do
do
2d pref....
90
100
95* 95V Kansas City & Cameron 10s.
76
77
Central Pacific gold bonds
do
2ds, 6s..
do
Michigan Central
i. C.,St. Jo.&C. B.8sof
98* 98*
do
State aid bonds 1(4^
do
3ds, 8s..
Morris <fc Essex
do
do
do 8s of ’98
85 j* 86 «
do
13
Western Pacific bonds....
4ths,8s..
do
Missouri, Kansas & Texas.
do
4
Union Pacific, 1st mors, bonds 90* 90* Keokuk & Des Moines 1st 7s...
New Jersey Southern
ersb’g 1st m. 7b.
60"
do
Land grants, 7s. 88* 88* L. Ont. ShorcRR. 1st m, gld 7s. 35
N. Y., New Haven & Hartford. 138
g & Poto. 6s
45
95
Lake Sup. & Miss. 1st 76, gold.
65"
do
Income past due
do conv .78
Ohio & Mississippi, pref
do
85
76
76* Leav., Atch. & N. W. 7s, guar..
do
Sinking fund..
Paeiflc of Missouri
h. & Danv. 1st consol. 6b...
30
87
86
Leav., Law. & Gal. 1st m., 10s.. 15
94"
Pacific R. of Mo., 1st mort.
.
Pitts., Ft. W. & Chic., guar
ithslde, Va.
84
Louisiana & Mo. Riv. lst-m. 7s. 81
do
IstCaron’tB.
do
do
do special..
2d m., guar. 6s.
do
35
80
75
Logans., Craw. & S. W. Ss.gld.
do
do
2d mort
111*4 ii2 '
3d m. 68
Rensselaer & Saratoga
do
98*
Michigan Air Line 8s
72
Pacific R. 7s, guarant’d by Mo. 100*
4th m. 8s.
do
Rome, Watertown & Ogdens..
55
Monticello & P. Jervis 7s, gold
10
7
Pitts., Ft. W. & Chic., 1st mort. 111*'
St. Louis, Alton & T. Haute...
ithwest RB
40
34
Montclair 1st 7s, gold
22
1(4* 105
24
do
do
2d mort.
stock...
do
do
do
pref
do
Mo., Kansas & Texas 7s, gold..
do
do
3d mort.
Belleville & So. Illinois, nref..
larollna RI
50"
Mo. R., Ft. S. & Gulf 1st m. 108.
Cleve. & Pitts, consol, s. fund.
6b
St. Louis, Iron Mount. & South.
do
50
do
do
do 2d m. 10s.
l66
do
do
3d mort
7s
do
Toledo, Peoria & Warsaw .
48
43
N. J. Midland 1st 7s, gold
94 j
do
4th mort
do
stock.
Toledo, Wab.«fc Western, pref. 41
do
30
2d 7s
do
69*
Col., Chic. & Ind. C. 1st mort..
Miscellaneous s|<m k*
30
1
25
do
do 2d mort..
PA8I’ DUK COUPONS.
American District Telegraph..
10
4
do
2d 7s, conv.
do
St. L. & Iron Mountain, lstm.. 90"
Boston Water Power
10
West. Extension 7s.
do
do
2dm.. 66
do
61* 65
Canton Co Baltimore
1 Virginia coupons
40
35
105
101
35
Alton & T. H., 1st mort
consol, c
coup
80
Cent. N. J. Land Iinprov. Co..
28
| do
do
do
2d mort. pref... 89
116
116
lielaware & Hudson Canal
85
1
do
Land warrant*.... 28
7B
!
do
2d mort. income 72
do
Atlantic & Pacific Telegraph.. 18*

37
37
21
19

&X

Montgomery 8s
Nashville 6s, old
do
6s, new....
New Orleans 5s

25
90
90

....

85"

Memphis old bonds, 6s
new bonds, 6s
do
....
do
end., M. & C. RR. ...

95
51

50

100

Macon 7s, Donds

l66

....

20

Lynchburg 6s

100
100
100
45
100

98

15

25
82
95
80

...

Charleston stock 6s
Charleston. S. C., 7s,

1U0

98
95

75
47

Augusta,Ga.,7s, bonds

l66"

98
98
98
98
40

20

95
95

CITIES.

Atlanta, Ga., 7s
do
8s

....

98

loo’
92* 100

Mobile 5s..’....
do
8s

60
95
85

'>98

;y
liuofs Grand Trunk
Chic., Dub. & Minn. 8s...

Chesapeake & 0.1st m.

-

«...

•

25

Han. 8s.

Chic. & Southwestern

•

St. L. & St. Joseph 1st 6s, gold.
Southern Central of N. Y. 7s...

45

94
60
77
80
70
55
90

Land grant 6s,

i Central of Iowra 1st m. 7h, gol
do
do
2d m. 7h, gold

95*
70

25

•

Sandusky, Mans. & Newark 76.
St. Louis, Vandalia & T. H. 1st.
do
do
2d, guar.
St. L. & So’eastern 1st 7s, gold.

Union* Logansport7s
Union Pacific, So. branch, 6s, g
Walkill Valley 1st 7s, gold....
13
West Wisconsin 7s, gold
50
37* Wisconsin Valley 8s
60* Southern securities.

11

gold..
6s, gld
Top. & S. Fe, 7s, gld

Bur., C. R. & M. (M. div.), g. 7
Bur. & M. (in Neb.), 1st conv
Cairo & Fulton, 1st 7s, gold .
California & Oregon 6s, gold..
CaliforniaPac. RR. 7s,gold...
do
6s, 2d

...

....

i«t.

7s

•

•

7i"
78
71

l66"

99*

Atchison & Nebraska, 8 p. c..
100
102
Bur. & Mo. Riv., stock
Land m. 7s..., 97* 99*
do
do
2dS., do 7s...
do
do
97
do
3dS., do 8b...
do
97
4th S., do.88..
do
do
97
5th S., do 8s..
do
do
97
6th S., do 8s.
do
do
95
98
do
do
95
98
do
do

72%
•

....

...

Tel., 1st m. 7s

Miscellaneous l

82
86

.

....

Arkansas Levee bonds,
Atchison & P. Peak, 6s,
Atlantic & Pacific L.G.

103*

.

•

....

Nashville & Decatur, 1st m. 7s
South Side, L. I., 1st m. bonds

.

r

do
do

do
do

114
_

•

•

83*

.

«

....

108*
*

•

Rockf’d, R. I. & St. L. 1st 7s, gld
Rome & Watertown 7s
Rome, W. & Ogdeusburg 7s...
Rondout & Oswego 7s, gold...
Sioux City & Pacific 6s.....—
South Pacific 6s, gold.....
Southern Minn, construe. 8s..

do
7s
St. Jo. & C. Bl. 1st mort. 10s...
do
do
§p. c.
St. Jo. & Den. C. 8s, gld, W. D.
do 88, gld, E. D..
do

•

•

•

71

f

•..

C..C..C.&

-

con.

....l

107
83
96
112
108

C. & M.
do

Chic. & Milwaukee, 1st mort..
Winona & St. Peters, 1st mort.
2d mort
do
do

73
70

116*

....

108)4 109
108*
110
110
110
110
110
110
115
108

m.
in.

72

....

l66*

1st m.I.& M.D.
1st m. I. & D..
1st m. I. & 1...
1st m. H. & D.

1st

2d mort..,

St.L.div

...*•

lstm.,LaC.D.

2d

90

90
94
80
48
35

91
75
40
25

do
do 7s, gold...
Pullman Palace Car Co. stock.
do
bds, 8s, 1st series

....

89*
74*

Southwestern RR. 8s

Oswego & Rome 7s, guar
Peoria, Pekin & 1.1st mort,...
Peoria & Rock 1.7s, gold
Port Huron & L. M. 7s, gld, end

....

do consol.'
lstm.

do

,f

40

Chic. & N. Western sink, fund
do
do
do
do
do
do
ext’n bds.
do
do
1st mort.
do
do
ep.gld.bt
do
reg. do
do
Iowa Midland, 1st mort. 8s
Galena & Chicago Extended.,
do
do
2d mort....

95*

Funding bonds due in 1894..
Long bas. due ’81 to ’91 incl.
Asylum or Univers., due 1892.

do
do
do
do
do
do
do

do
do

30

.

103
103
101
101
98
97
96
95 \

1874
1875

r

51
50

‘l

...

.

guar..

70

88*

100
24
44
65

97
.22

...

Chesapeake & Ohio 6s, 1st m...
ap

....

..

War loan

do

do
....

85
75

6s

Illinois 8s, coupon,
do
do

•

107*
101* 102

..,

80*

Warsaw, E. D.
do
W. D
do Bur. Di
do 2d mort

do
do
do
do

do
do
do
do

80

106

bonds..",
do
do

Tol.. Peoria &
do
do
do
do

20"

240
73

....

90*

,....

....

Railroad Ronds.

do
do

Georgia 6s

do pref

Albany & Susq., 1st
do
do
2d
do
do
3d

....

•

Mining Co...

Maryland Coal
Pennsylvania Coal
Spring Mountain Coal

....

....

48"

....

Omaha &

94
81
71

92
American Coal

Bid. Ask.

SECURITIES.

Bid. Ask.

SECURITIES.

Bid. Ask.

SECURITIES.

Bid. Ask.

per

65*

85
80
93
88
82
92
85
90
82
91
75
90
80
80

November

21, 1874]

SECURITIES.

NEW YORK LOCAL

not National.

are Par Amount

Periods.

Ask

Bid.

Last Paid.

1873

1872

Net Sub

&.PITAL.

Bpwery

(Roadway

full’s Head*
Butchers & Drovers

..

Commerce
Continental

Exchangu*

Currencv

Dry Goods*

East River

Eleventh Ward*
Filth
First
Fourth
Fulton....
German American*..
German Exchange....

Germania*
Greenwich*
Grocers
Hanover

Harlem*

Importers’ & Traders’.
Irving
Leather Manufactrs...
T ojLnprR**

Manufctrers’&lVuild'.*
Manhattan*
Manut iv Merchants*.
Marine
Market
Mechanics
Much-. Bkg Asso’tion..
Mechanics & Traders
Mercantile
Merchants
Merchants’ Ex

JQQn

10)
IOC’
25
50
25
1(H)
50
50
1(H)
100
1(H)

300.000
400,000
l.OOO.OOC

2,000,000
500,000
600.000

1,000,000
3 .W0.0C0

1,000.000

*

National Gallatin..’.’."
New York
New York County....
N Y. Nat. Exchange.
N Y. Gold Exchange
Ninth
Ninth Warn*..N ort i America*
North River*
Oriental*
Pacific*
Park
Peonies*
Phenix

100
too
100
100

25!

Republic

y

ept.10,’74. .4
July 1,74... 7
July 1, ’74...5
•July 1/74.. .6
Feb.12/74.3*
J"ly 10,74.. .4

8
12
7
10
10

12
7
10
10

8
12
!0
10
8
10
10
8
6

Aug.lu,74. .5
Jan. 10,73... 4

4

July 1, 74...5
July 1, 74...5
July 1,74 ..5

12
10
!0
8
10
10
8

Nov.2.74.,.5
Nov. 2,’74,. 4

July 1.74...4

*..t„

8
8
10

15
7
5
9

Oct. 1, 74. .4
N> v.lo/74..4
Oct, 10/74.. .4

July!, 74...5
July :,74...7
July 1,78...S
May,
73...5
July 1, 74...4
Jan., 73. .8

rt
«

12

July* 74...6

12
12
10

2,000,000

J. & J.
J. & J.
J. & J.

412,500

-

100
100
loo

200 000

2,(XO,0'0
1,(00.000

100

1/(0,000

Tradesmen’s

40
50
100

1,0(0,000
1,500,100
200,000

*

-

*

■

and City K.R.

8
S
6

8
9

6*

M
12
9
8

10
12

8
«

.

.

.

Aug. 10/74. 4

Aug.10/74. .4
July 2.74...3
July 1,71...7
Juiy 1/74... 6
July 1,74...4
Nov.10,74.. 4
Jan.274.2Kg

.

8
12

July J,74\4g
July 1.74.. .5

11
8

8
12
10
4

t-

r

t

Broadway
Brooklyn

91

180

.

...

Citizens’.

,

.....

200
98
140
86

,

.

,

99

•

Nov

2, 74...5

•

•

....

...

...

'ioo"

...

•

German-American
Germania
Globe
Greenwich
Guardian
Hamilton
Hanover
Hoffman
Home

......

128

....

.....

.....

.....

....

100

....

.

„

,

„

...

is6

Mechanics’(Bklyn)

25

Brooklyn Gas Light Co

20

Citizens’Gas Co (Bklyn...
certificates.
do
Harlem

Lenox

126

Lorillard
Manuf& Builders’.
Manhattan

Long lsland(Bkly.)

101
......

101

......

..

.

„

•.

.

.

.

....

...

.....

140

13'
140

......

Manhattan

Metropolitan

do

,

1.850.000
386,000
4,000,000

50
20
50
100

A. & O.

F.&A.
J. & J.
J. & J.
M.& S.
J. & J.

2,800,000
750,000

certificates...

M utual, N. Y
Nassau. Brooklyn
do

‘iei"

,

-

.

.

......

,

-

115

106
-

•

i

...

110

107

iso
134

New York
.
People’s (Brooklyn).'
do
do
bonds.
Westchester Couutv

Williamsburg
do

'

serin

....

Bleecker Sl.it Fait on Ferry—stock

mu

1000

,

500
500
100
1000

100.000

164,(4)0
1,161,000
A E. River—stock
550.000
600,000
1100(1
307,000
Brook’n—tst mort 1000
Dry Dock, E. B. A Baltery—6took 100 1,200,000
1st mortgage

900.000

cons’d

100
1000
100
1U00
‘20

Ligh th 4 venue—stock
1st

mortgage

Md St. A Grand St Ferry—stock..
1st mortgage
.
.
'irand Street A Newtown—stock.
Central Cross Town—stock
1st, mortgage
..
.
100
Math Aven ue—stock
...
1000
1st mortgage—..
.....
...
...
50
Second .1 venue—stock
1000
1st mortgage
10 0
M mortgage

1000
1000
1(0
KX0
100

3d mortgage
Cons. Convertible
Sixth A venue-- stock
1st

mortgage
'1 hird Avenue—stock
1st mortgage

1

weniy-third Street—nLock
i.*t mortg tge.

...

....

.

..

10001
100
1100

-This column f.ho ws last dividend od




5
4

Q-F.
M.& S.
F. & A.

5
5

J. & J.
J. & J.

7

yuo.uuo

614,000
1st mortgage—
Broadway if: Seventh Ave—stock. :on 2,100,000
10OC 1,600,000
1st moitgage
:o •2,000,000
Brooklyn City—stock
1000
300,000
1st. mortgage......
100
200,000
Broadway I Brooklyn)—stock
401.000
Brooklyn A Hunter’sFt—stock... :oo
1000
300,000
1st mortgage bon ns
115.000
500
Atlantic Av Brooklyn—1st inert.
2d
do
3rd
do
central Pk, N.
‘st mortgage
da
do
C meyIsland A

lOg.
7

.

1,000,000
203,000
750,000
220,000

J. & J.

-

Nov.
mov.

1,73
1 74.

200,000
150,000
815,000
750,00C
250,000
2,000,000
2,000,000
600,000
120.000

125
TT

Q-F.

.

.

1884

July,74

18*8* *

1 =5
97
138

July,’74

M.&N.
A.&O.

1873

i100

97

70
72

71
S3

1

190
100

95
19'

102

152k

94
155
100

60
60
75

85x
96

43,417

200,000

181,409
62,! 86
216,767
158,628

250,000

July, ’74..5

28

10

S'A 10
10
5

....

....

r
....

9*

10

10
10
15

io
10

10
10

20

20

10

....

10
15
....

t

July,
July,
duly,
July,
July,

*74..5
’74..5
’74. >
’74..5

20
10

•20
10

*74..5
Jul 1, ’74..5
July, *74.10
July, ’74..5

5

i6

is

10
10

10
11

20

10

I

5

July, ’74..5

20

7

July, ’74.10

.

ii

i-2

20

j 20

12
20
16

.

.x

16
25
6
20
16
*

Including re-lnsurance,

Sept/74,..5
July. *74.lc
July. *74.10

10

15

10
10
0
10
10
14
14
10

•july, ’74..5
July,*74..!0
July, ’71. 5
July, *74..5
July, ’74..5
July, *74. .5

*

4
20
20
....

20
18
-

•

....

Id

3k
10
IS
20
23

12
20

July. ‘74..5
July, ’74.19
July, ”74.10
Julv, *74. .5
July. ’74.10
AuelO’74.10
July, *74..5
July, *74. .5
Oct., ’74..6
Ji.ly ’74.29

[4

10

.

.

.

82
•

•

•

•

105
225
....

80

75

92)4
......

......

80

160

IOO
<5

9(

#0
100
100
81)
185
160
ns
110
r0
10
150
62
105
90

,

.

.

.

.

85

......

....

.....

100

85
••••

•

95

190

180
lit)
80

•*««

•

......

170

...

70

65

1ED
•80
90
181
155
70
ICO

190
95
....

102

112
200
150

......

190

18

14

.

.

.

75
160
105
70

July, ’74.1C 145
20
16
Aug.,’74. Hi ISO
14
12
12
July, 74.10 140
10
Ju y, *74. .5 1« 0
10
12
80
5
10
Julv, ’74. 5
II
80
10
9* luly Z74..5
67
July, ’74 5
3*
170
20
20
Aug.,’74.10
[6
5
July,’74..5 92
16 1(1 10 Aug.,’74..6 105
Julv, *74.16 110
7
i3k 6
80
5
io
10
July, ’74. .5
80
10
All v.5/74 5
10
.0
13
;o
July, ’74..9 145
i‘2
115
10
:4
14
July, ’74..5
11
12

......

90

105
70
105
75
90
105
125

July, ’74.25 250

3

10

10
:6
10
12
12
11
12
10
10
16

Allg.,*74. .5

•k July,’74...5
July, ’74..7

....

10

-

.

.

.

.

105
85
85

72

.

14
10

14

10

July,*74..7
July, *74 .7

140
*/25

......

95
-•

.

.

90

86
•

•••a

ISO

capital and profit scrip.

[Quotations by Geo. K. Sistabe,

24 Nassau Street.]
Price

Bondsdue.
Rate.:

New York:
Water stock
do

1841-63. i
1854-57.

Croton water stock..1845-51.1
do
do
..1852-60.
Croton Aqued’ct stock.1865.
do
pipes and mains
do
reservoir bonds

do

Im provement
do

1865-68.
1863.

1C4)
70
65

£0

..

(.o

do

Jersey City:
Water loan./.
do

100

7

....1869.

V'

var.

var.
var.

Bid.

Months Payable.

Bridge bonds

do
do
And interest.

do
do
do

t
fFlat.

do
do
do

May & November.
Feb.,»lay, Aug.& Nov.
May & November,
do

dc

do
do

dc

do

do
do
do

Ask,

do
do
do
do
do

do
do
do

1

6

7
6

1870-80
1875-79
1890
188:1-90
1884-1911
1884-1900
1907-11
1874-98
1874-95
1871-76
1901
1878
1894-97
1873-75
1876
1889
1879-90
1901
1888
1879-82

90
93
87

91
100
E9

105
98
87
06
97

107
100

1877-

1899-1902
1872-79

1874-1900
1375-91

'105
97
105

89

97
98

105*
98
107

99

ICO

►:oi
96

102
97
106

104*
06

’1C3

97
194

34
15
*96
*96

89
97

Broker, 2* Wall st.]

January & July,

qo

Kings Co. bonds
*

do
do
do
do

May & November.
Feb., May Aug.& Nov.

do
do
do
do

City bonds

Aug.& Nov,

Jan., May, July & Nov.

[Quotations by N. T. Beers, Jr.,
Brooklyn- Local Improvem’t

95
100

do
do
do
do

do
do
do

1869-71

Sewerage bon dj
1866-69.
Bergen bonds
1868-69.
Assessment bonds... 1870-71.

ioo

i Feb., May

January & July,

1852-67.

Water loan

140

maturity of bonds.

6

Citv bonds.....
do
Park bonds
Water loan bonds

135

& J.

5
6
5
6
6
7
6
5
6
5
7
6
7
6

7

....1863.

stock.... 1869

Consolidated bonds
Street imp. stock'
do

53

92*

nocks, also date of

38,235
66/279
32,893

150)000
250)000

July, *74..5

5
4
10

8K
17k 20

14

io

July, ’74..5

10

24

io

47/79

.

.

.

....

200.000

Central Park bonds. .1853-57.
’do
do
..1853-65.
Dock bonds
1852.
1870.
do
Floating debt stock
1860.

61
85

J. & J.

J

2(H),roo
2(X\000
150,000
200,000
200,000

•

•

.

.

^

215

189

.

Feb.‘71
1877
1876
1885
1888
Nov.74
1890
Nov. 1/74
1C90

SOOiOOO
200;000

.

105
104
215
105
75

.....

City Securities.

do

July’70

200,000

1S9
90
98
100

Nov.1,’74

J. & J.

Over all liabilities,

Soldiers’aid fund

J.& J.
J. & J.

Q— F.

City.

150.000

150,000

1,000,000

.

.

Interest.

Nov.,’74

M.&N.
M.&N.
J. & J.

25
30

Market stock

Q-F.

Q.-F.

Tradesmen’s
United States

350,000

200j H)0
200;<K)0

5

10

11,840
327,564
111,467
255,6*4
131,379
184,417
96,107
183,209
11,634
57,888
15,719
165,316

fOO.OOO

.

\,u,ly’.!74--8
Juiy,74...^

12* 12* July/74.7 k

10
10

200

July, *74. 5
Aug.,’74.1( 180
Juy, ’74.20 210
July/74/k 13=>
AuglO 74.H 155
July, *74. !0 125
80
Jul>, ’74..5
70
July, ’74..5

Oct., *74.15
Ju y,*74 .5
•inly, *74..5
July, ’74..5
Jul', ’74..8

10
7

10

10
11
20
10
15

io

12
250.706 j 18
176,013 16

210,000
200,000
2W,000

20
10

10
10
•

.

10 >

1885

J.&D

J.&D.
F. & A.
A .20.

Rutgers’

10

*

260,705
74,470
18,836
87,540
26,101
137,(86
190/248
46,5:'.9

200,000
200,000
300,000
150,000
200,000

•

•

8*

5

14

85.087

250,000
200,000

•

5
5

.

-

.

,tt,

100
210

95

91
90

18" 1
1834

J. & J.

M.&N.

2 0.000

.

io

53.082

147,7)5
85,436
77.573

200,000
300,000

,

1882
1890
1877

F. & A.

....

Resolute

*

200,000
150000

12S

1880

July, 74

J & o
A.& O.
A.& O.
J. & J.

Relief

259
128

Jan., 73.

! July, 74.;

500,000
200,000
797,000
800,000
350,000

225
155

88

Nov .’74
1872

170 000

167,000

220

93
90

J. & J,
J.&D.
J. & J.
J. & J.

100
100
ro
25
25
100
20
50
50
50
100
100
25
100
25
50
ICO
100
25
23

People’s............
Phenix (B’klyn) ..

Williamsburg

280000
i5o;ooo

•

20
10
10

10

123,827 10
93,874 20
59,418 5
22,533

200,000

St. Nicholas
Standard
Star

Aska

Bid.

74

Jan.,

50

Safeguard

1

88

M.&N.

50

Nassau (B’klyn)..
National
N. Y. Equitable....
New York Fire
N. Y. & \ onkers..
Niagara
North Elver
Pacific
Park
Peter Cooper

Republic

Sept 22,74

5

Metropolitan
Montauk (R’klyn).

...

....

...

25

scrip....

Aug., 74.
July. 7).
Mch., 74.

5

1(H). 5 (XX).(HX)

1,000.000
500,(00
I'0 4,000,000
10 1,000,000
300,000
40',000
50 1,000,000
1,000,000

Last
diviuend.

7
4

50
50
10

Mercantile
Merchants’

Sterling
Stuyvesant

5
July 21/74
2k Oct. 15/74

Q-F.
Q-J.

300.UOO

.Jersey City & Hoboken...;
e

2,000,000
1,200,000

Rate.

*

1(6
.

244,67;’

150)000

Lamar..

Stocks and Bonds.
Exchange Place.]

|

50

Lafayette (B’klyn)

135

......

-cUU,UUU

20
20
7
14
10

8*

T

10
16

24,653

'

•

17
10
10
11

»

150
.

......

•

10

112,555
137,544 10
38,329
238,9SS 10
9,930 5
62,187 12
57,210 10

Mech.&Trad’rs’....

Knickerbocker

723
205

200,000
150,000
400,000
200,000
2,500000
150000
00,000
200,000
200,010
150,000

Kings Co. (B’klyn)

no

•

Askd

30

June,*74.10

20

20

.

-Ji/y,’T4..5

July, ^4..5
July *71..5

5

18
20

*

80,6‘U 11
277,374 20

30
20
40
50
100
25
50
25
100
100
25

Jefterson

i2L

119

[Quotations by Charles Otis, 47

Par1 Amount, Periods.

50
50
50

Importers’* Trad..
Irving

July 1. 74.. .4

i

50
50
100
25

Howard...

.

.

.

....

Ju y, ’74..7

14

10
.

14
10
10
10
20
■20
10

36,766
74,204 •20
21,755
70,493 10
15,645 10
D8/M8
257,122 10

20/000
200,000

’.5

.

15
20
13

10
11
10
18
20
10
4

36)87‘2

1,0“ O.OOO
500,000

100

Hope

140
.

.

Bid.

67
80
145

July,’74..5

!S*
33K
14X 14* 20

50,l3i
187,974
b9],l>16
69,113

150)000
200)000

50
50
25

in
20

20)34l*
27)093

200,000
200,000
200,000
204,000
150,000

.

.

20

98,640 14

200;000
200^000
l.OOOjKX)
800)000

.

•

227.332
193.994

210,000
250,000
300,000

10;
10(

Gebhard

.....

21435(4
224,365

i5s;ooo
sooiooo

17
10
10

Firemen’s
Firemen’s Fund
Firemen’s Trust...

10)462

200,000

100
40
100
30
5<

Exchange
Farragnt

-

200.0(0

50

Eagle
Empire City

87
|.

StOiOOO

70
100
80
100

commerce Fire
Commercial
Continental........

....

200,000

•

,

3* July, *74..5

10
5
14
6
10

17
12
10

45/287
15/93 10
48,768
318,257 20

250.000

20

Clinton
Columbia

.....

200,000

-

City

2001533 is
12

4oo!ooo

50

Brewers’ & M’lst’re

ii7

Julvl.74.4
July i, ’74.3 k

July 1/74...6
July 1/74.. .5
July 1,74.3*
3* Julyl5/74.3*

...

.

«

F.& A.
F.& A.
J. & J.
J. & J.
J. & J.
J. & J
M.&N.
J. & J.
J. & J.
J. & J.
M.&N.
.1. & J.

-

7

.

1

-

Nov.2 74...8

12
16
12
10
7

25
100
25
17

50

100
25

....

July 1, 71..4
July 6,74...5

7*

Q-F.

.

i 50

July 1,7)...4

10
4
8
8
10
14
6
5
8
3
8

1870 1871 1872 1373 Lust Paid.

15,295 10

200.000
‘200 000

25
100

Bowery...

145
...

Nov.2.74..3*

6

io

May 1 ,’74. 1"
July 1, ’74.. .5
July 1 ’74.. 4
"

il

J. & J.

Sixth
State of New York...
Tenth
Third

Cat*

Oct, t. 74...3
July 1, ’74.. 4
Nov.2, ’74..-r
Feb. 1, ’74...3
May 1, ’74...7

20
10.
8

4
12
8

Adriatic.....
A£tna
American
American Exch’e..
Arctic
Atlantic...

...

”io“ May, 1/74.. 10

7
20
10
8

422.70'

-

Union
West Side*

10
s

J. & J.

lcoi
25C.000
1001 2,000,000
1.OW,000
1001
300.000
100
300,(00
100 1, (00,(00

St. Nicholas
Seventh Ward
Second
Shoe and Leather....

Oct. 1. 74.2k

14

15
9
10
8

8

400,000
.300,000

201 1,800 000

Produce*;

7

7
14
20

...

......

8

7

25

.

J.& J.
J.& J.

1,000.000

:o

50
10i

10
12
7

8

.

5tH),(HH)
1.500.00
186,900

8

6*

Q-J.
J. & J.
M.&N.
F.& A.
M.&N.
M.&N.
M.&N.
J. & J.
J. & J.
M.& S.
J. & J.
J. & J.
J. & J.
F.& A.
J. & J.
F.& A.
J. & J.
J. & J.
J. & J.
J.& J.
M.&N.
M.&N.
M.&N.
J. & .T.
J. & J.
J. & J.
J. & J
A. & O.
M.&N.
A.& O.
J. & J.
J.& J.
J. & J.
J. & J.
J. & .1.

.....

20

10
16

Amount.

Prick.

112

.....

7

Q—J.

50i',000
4,000.000
290,000
100 1,OCX),000
50 1.500.0(H)
100 3.000,000
100
200,000
100
500,000

Metropolis*
Metropolitan
Murray Hill*
Wu

450,000

100
300,000
25
604i.OO(*
100 1,000,000
100 10,000.000
100 1,500,000
100 1,000 000
100
100,000
100 1,000,000
25
350,000
25
iC-0,000
150.000
100
5(H) 00 i
100
100 5 000,000
SO
600,000
100 2.000,000
100
2<0,'tW>
100
200,000
25
200,000
300.000
4C
100 1 000.WH)
100
100,000
100 1 50'h1 On
500.000
50
600.000
100
100
500,000
100
400,000
50 2,050.000
100

.

.

24
16
10
8
12
100
10

20
10
8
12
36
10
20
8

J & J
J. & J.
J. & J.
ev. 2 mos
J. & J.
M.&N.
J.& J.
J. & J.
F.&A.
J. & J.
J. & J.
J. & J.
J. & J.

July 1/74...5 151
Nov 2,’74...4
111*
July 1. ’74..6
1, ’74.. 12
July
Oct., ’73...4
July 1,’74...5 120
July 1/7/..4 lib*
July 1. ’74...5 137
Si pt. 1/71.. 15 15(0
July 1, ’74.. .5
Nov.!, ’74.. .5 300
July6, ’74..-4 116*
Jui> 1. *74—4
Aug. 1/74. ..5 120
July 1,’74...4
Jul. 10/73.3*
July 1, ’74.. .4
July l, 74.3*

10
8

24

Q-J.

2,000,000

25

City
Corn

100
100

100

Central
Chatham
Chemical
Citizens’

10
8

J. & J.
M.&N.
J. & J.
J. & J.

8,000.000
5.000,000
250,000
25 t,000,(H’>0
25
300,000
25
800,000

100

Jan. 1,
1874.*

street.)

Dividends.

,

plus.

COMPANIES.

America*...
American Exchange.

Stock List.

(Quotations by E. 8. Bailey, broker, 65 Wall

Price.

DIVIDENDS.

Capital.

Marked thus (*)

Insurance

Stock Licit*

Bank
Companies.

525

CHRONICLE.

THE

do

do
do
do
do
do
do

May & November,
ao

(to

1875-80
1881-95
1915-21
1908
1915

+103
+ ’.04*

in’)

+1(6
tit KM
+ 1*5*

107*
K'7*

1902-1905

+96*

1881-95

t'4*

1880-63
1375-60

+94

105*
106

95*

W

4
5
6

the principal and interest of the new funded debt shall he
a fixed portion of the revenue to be inviolably set
apart for that purpose. To accomplish that end they furnish
copies of such acts as it will be necessary for the General Assembly
to pass to insure the desired success.
The association are repiesented to own or control $15,000,000 of the present bonds of the

to pay

'Investment*

01781

(November 21, 1874.

tTHE ' CHRONICLE.

256

derived from

AND

STATE, CITY AND

CORPORATION FINANCES.

State.
BOND TABLE3.
Brooklyn TaxeSi—The following comparative table, prepared
1
Price* of the most Active Stocks and Bonds are given in the “ Bank¬
ers’ Gazette,” previously.
Full quotations of all other securities will be by Mr. E. B. Cadley, Clerk to the Board of Supervisors, shows the
found cm preceding pages.
•
rates of taxation on each $100 of valuation for each of the wards
2. Government Securities, with full information in regard to each
of Brooklyn as compared with the rates for the previous year:
ssue, the periods of interest payment, size or denomination of bonds, and
1874—1873
numerous other details, are given in the U. S. Debt statement published in
$ Cents.:

EXPLANATION OF STOCK AND

•

, x

.

The Chronicle on the first
*
3. City Bond*, and

of each month.

Bank, Insurance, City Railroad and
quotations, will usually be published the first three
weeks of each month, on the page immediately preceding this.
4. The Complete Tables of State Securities, City Securi¬
ties, and Railroad and iTIiscellaneous Stocks and Bonds
will be regularly published on the last Saturday in each month. The publi¬
cation of these tables, occupying fourteen pages, requires the issue of a
supplement, which is neatly stitched in with the usual edition and furnished
to arl regular subscribers of The Chronicle.
\
Gas

Illinois State Bonds.—On and after January 4, 1875, the State
of Illinois will redeem at the American Exchange Bank Nos. 1
to 250 inclusive of the $1,000 Revenue Deficit bonds issued to the

city of Chicago in 1872.
the year

of State Auditor Wildman for

ending October 31, 1874, contains

THE VALUATION

REAL AND

OF THE

THE

at several

the following:

$279,032,209
578.484,109

1856
1866

662,283,178
950,467,854

;

9S1,861,621

1674

Between 1870 and 1874

there is

an

increase of over

$228,000,000,

passed by the last
Legislature for the assessment of property at its cash value.

due almost

entirely to the operation of the law

Heretofore the rule has been to return property for taxation at
from one-half to three-fifths its real value.
The rate of State tax¬
ation is 15 cents on the $100, but local taxation is very heavy.
STATE DEBT.

This
the

The foreign debt of the State aggregates $1,172,755 12.
includes $910,000 of the temporary loan made necessary by
low rate of taxation in 1870, and $94l,000*of the old Internal

Im¬

provement. bonds. The domestic debt aggregates $3,904,783 22,
all of which is represented by inconvertible school bonds. There
have been redeemed during 1873 seventy-seven old Improvement
bonds, aggregating, with interest, $433,184 20 ; and during 1874,
twenty of these bonds, aggregating $47,216 18.
There are still
ninety-four of these bonds unsurrendered and awaiting payment
WABASH

& ERIE CANAL.

62
62

58
58
58
58
59
59
58
58
58

3
3
3
3
3
3
3

1
5

3

63
63

6

23
23
23
21

1

20

1
5

3
3
3
3
3
3
3

1

8
3

58

3

3

3

58

58

6
1

3

3

19.

20.
21.
22.
23.
24.
25.

3

6
1
5
0
4
3
9

3

13.

14.
15.
16.
17.,
18.

1

58

3
3
3
3
3
3
3

.

58

3
3
3
3

...

8.
9
10.,
11.,
12.,

STATE

periods is as follows :

3

3
3
3
3
3
3
3

2..

PERSONAL PROPERTY OF

v

,

$ Cents. Mills.

1

Stocks, with

Indiana Finances.—The report

.

Wards.

59

8
1
3

.

Average rate last year,

$3 46 9.

62
63
65

63
63

28
28

28
29

25
25
25
62
63
63
63

3
3
3
3

m

.

65

3

8

20
20

63
62

..

63

63

This year, $3 52 2.

been fixed by the

Chicago.—The city tax levy for 1874 lias

Common Council at 18 mills, the same as the levy of last
is 3 mills higher than the one recommended by Mayor

year.

It

Colvin and
that 18 mills now is

Comptroller Hayes.
The Tribune says
would have been before the fire.

heavier than 25

New Orleans City.—A
Orleans

was

judgment against the City of New

rendered in the Superior District Court,

November

for $157,000, for nonpayment of 157 bonds
of $1,000 each, issued in aid of the Jackson Railroad, May 1, 1854. *
The Court declined to pass upon the validity or force of the law
of March 17, 1870, prohibiting writs of seizure against the city at
this stage of the case, as the question would come up when motion
was macle for a writ of execution, and would then be determined.
—The city coupons, both gold and currency, heretofore paid at
Winslow, Lanier & Co.’s, are now payable only at the Louisiana
18, by Judge Hawkins,

National Bank in New Orleans.

Baltimore &

Ohio Railroad.—The annual meeting of ths
and Ohio Railroad Company was
following gentlemen were unani¬

stockholders of the Baltimore
held November 6, 1874.
The

Erie Canal Board consists of Mr. Chas.
Col. Thomas Dowling, of Terre Haute,
representing the scrip holders, and the Hon. James S. Hinton, mously elected directors by a vote of 39,787 shares, viz.: Messrs.
representing the interests of the State. A statement Irom Col. Galloway Cheston Samuel W. Smith, Francis Burns, John Spear
Thomas Dowling is incorporated in the report, giving the receipts Nicholas, John Gregg, Francis T. King, C. Oliver O’Donnell, James
and expenditures of the canal since the commencement ot the Harvey, Win. W. Taylor, Samuel Kirby, John King, Jr., and G.
trust, July 1, 1S74. The total receipts from tolls, water rents, A. Von Lingen.
The President and Directors submitted to the Stockholders the
sales of lands, etc., amount to $4,889,732 05, and the disbursements
to $4,847,197 74—leaving a balance of $42,534 31.
The state following statement of its affairs for the fiscal year ended Septem¬
ber 30, 1874.
ment is not made by years, so there can be no telling how the
THE REVENUES.
canal trust msy be working. Mr. Dowling tells me, however,
that the board does not allow the expenses to go above the The revenues of the Main Stem, including the Winchester and
Potomac, Winchester and Strasburg, the Sirasburg and Harri¬
receipts, but the canal is not doing much.*
sonburg, the Washington County, and the Metropolitan Branch
The

present Wabash &

Butler, of New York, and

RAILROAD

SYSTEM.

State is shown
in 1850,
in 1870,
3,177 miles ; and in 1874, 4,194 miles. The value of railroad
property this year is $39,740,042. The longest railroad in the

The development of the railroad interest of the
in the following figures : In 1845 there were 30 miles ;
228 miles; in 1855, 1,406 miles; in 1860, 2,163 miles;

State is the Pan-Handle,
State.
In 1872 the total
to

only $12,000,000.

which has 416 65 100 miles within the
valuation of railroad property amounted

for by
the Auditor

The increase this year is accounted

the operations of the new assessment law, and
says
there has been no effort on on the part of the railroad companies
to avoid or delay the payment of the increased tax.
This

will be

Grangers.
Virginia Debt.—Mr. John J. Mackinnon, representing the
American Bond funding and Banking Association (limited) ot
London, was lately in Richmond to consult with Gov. Kemper,
Treasurer Hunter, and some of the leading financiers of the city
in regard to the debt of Virginia.
His association proposes to

$11,693,955 55

roads have been

Of
Of
Of
Of
Of
Of

373,323 31

Washington Branch
Parkersburg Branch
the Central Ohio Division
the Lake Erie Division

the
the

the
the

802,066 53

1,004,356 13
787,168 18
64,053 08

Chicago Division...

Wheeling, Pittsburg audBalmore (formerly the

Hempfield)

Railroad
Of the

$14,947,090 42

Total

Showing a decrease compared with 1873 of
Showing an increase compared with 1872 of
Showing an increase comoared with 1871 of

Showing an increase compared with 1870

interesting and important to the

of

I.—OF THE MAIN

The expenses

49,838 96

172,278 68

Newark, Somerset and Straitsville Railroad

...

$746,108
1,320,413
2.389,561
4,106,719

04
11
00
94

STEM.

of working and keeping the roads and machinery

repair amounted to $6,675,895 26, being 57 8-100 per cent, upon
the earnings, showing a decrease of 2 64-100 per cent, compared
with the previous year.
The following analytic statement is given in order to furnish
fund the debt of the Southern States, and have opened negotia¬ particulars of the expenses in comparison with the two preceding
tions with several Governors.
The Richmond Dispatch reports years:
MAIN STEM.
that in reference to the debt of Virginia, which amounts to about
Statement of the earnings and working expenses for the fiscal years 1872, 1873
$30,000,000, exclusive of past due and unpaid interest, and the
and 1874, including the Winchester and Potomac. Winchester and Strasburg,
one-third allotted to Wes; Virginia, as her fair share of the ante
the Strasburg and Harrisonburg, the Washington County, and the Metropol¬
itan Branch Roads.
helium indebtedness, Mr. Mackinnon offered to fund it in bonds
1872.
1874.
1873.
running ten years, and bearing tour per cent, interest in gold, or Earnings
$10,654,471 62 - $12,252,843 78
$11,693,955 55
in bonds running twenty years, bearing five per cent interest in Expenses
6,122,399 93
7,318,047 79
6.675,895 25
gold, the principal and interest to be paid only in London. The Earnings more than Expenses $4,532,071 69
$4,934,795 99
$5,013,060 29
association prescribes as one of the conditions of the con¬
tract it proposes to make with the State, that the money
57 8 per cent.
Working Expenses
57-46 per cent.
59’72 per cent.
It is shown that the earnings, in comparison with the fiscal year
* A
press despatch from Indianapolis, Nov. 19, says: Jonathan K. Gapen. of
1873 have decreased $558,888 23, and the working expenses
New York, through his attorneys, has tiied in the United States District Court
a bill in equity against the Board of Trustees of the Wabash & Erie Canal.
$642,152 53, making a comparative increase in the net profits of
The complainant, prays the Court to decree that the canal and its appurten¬
in su< h manner and on such terms as the Court mat $83,264 30. Compared with the fiscal year 1872, the increase of
ances and lands be >old
earnings being $1,039,483 93, and of working expenses $553,495
decree best for the interest of those entitled to share in the proceeds thereof,
and so as to bring the highest price therefor. Defendants have put in an
33, the increase of net profits amounts to $485,988 60.
appearance. The case will not be disposed of till the December term of the
During the fiscal year the sinking fund for the redemption of
Court.




in

November

THE CHRONICLE

21, 1874.]

t

-

he

—

"

$1,647,753 20, showing a gain of

city loan increased to

$108,900.

its varied and important works rapidly to
completion, the company determined to effect a further loan in
Europe. In January last £2,000,000 six percent bonds, which
will mature in 1910, were negotiated on very satisfactory terms
In order to press

by Messrs.

J. S. Morgan & Co., in London.

conservative policy of the company,
constantly and firmly maintained, again attracted the attention
of European capitalists to such an extent that the subscriptions
for the loan enormously exceeded the amount to which the com¬
The financial strength and

so

pany

527

v
;

—

had decided to limit it.

In the midst of the general depression it will be satisfactory to
the shareholders in the Baltimore & Ohio Company to see the
bonds on their line so appreciated that they rank at the highest

■■

THE CONSTRUCTION OP THE BALTIMORE

In

order to

■

■

SHORT LINE.

complete the Baltimore Short Line during the

present season, the work was pressed with vigor, and large expen¬
ditures were required to construct it as a first-class road, with iron

masonry, and stone and gravel oallast.
It became necessary to secure the prompt construction of this
valuable work for the Baltimore and Ohio Company to advance
the cost, viz.: $1,590,000.
The distance between Baltimore and Cincinnati and Washington
and Cincinnati will, in consequence of this action, on November

bridges, substantial

15th, be reduced

more

than ten miles by the

use

of this improve¬

ment.

BALTIMORE, PITTSBURG AND CHICAGO RAILROAD.
The work upon the extension to Chicago has been prosecuted
with extraordinary vigor and rapidity, and it is expected that the
entire road will be opened in November (since accomplished).
The object of the Construction of this road has been to furnish

grade of American railway securities in Europe.
An accumulative sinking fund of £18,000 per annum will be
applied half yearly, in the months of November and May, to pur¬ for Chicago and the Northwest the most economical, and an in¬
chasing the bonds of the loan due in 1910 at the market price, dependent line, without division of interest, and under one control
if not above par.
Otherwise the amount will be invested in to Baltimore, as a port to compete with New York. The road,
securities for account of the sinking fund, which can only be ap¬ from the point of divergence on the Lake Erie division (98 miles
plied in the redemption of these bonds. It is expected that thin north of Newark, Ohio), to the southern point of Lake Michigan,
appropriation’from the revenue annually, with the interest accru¬ varies but 2 6-10 miles from an air line. From Chicago Junction
to Baltimore Junction, within two miles of the city limits of
ing thereon, will liquidate the entire loan prior to its maturity.
The surplus fund of the company, 30th September, 1874, is Chicago, is 260 miles.
On this line the total length of tangents is 246 miles, and hut
$32,144,160 15. The entire mortgage indebtedness (including the
loan made in January last of £2,000,000) in currency and sterling, 14 miles of curvature—the latter beiDg not more than one degree
is $29,061,564 80.
It is thus shown ihat the surplus fund, repre¬ or a minimum radius of 5,730 feet.
On the entire line the length of grades ascending west is 83
senting capital derived from net earnings invested in its branch
miles; ascending east, 97 miles ; 80 miles being level.
and connecting roads, and in the great improvements that have
Of the ascents, 44 miles are five and less feet per mile; 34 miles
been continuously constructed on the main stem, which is not
are between five and ten feet per mile ; 32 miles, ten to fifteen ;
represented by either stock or bonds, exceeds the entire mortgage
42 miles, fifteen to twenty; 17 miles, twenty to twenty-five, and
indebtedness of the company $3,082,595 35.
but 11 miles twenty six feet per mile.
Semi-annual dividends of five per cent upon the capital stock
The total ascent, westward, is 1,034 feet; eastward, 1,273 feet.
were paid on the 15tli of November, 1873, and on the 1st of May,
All its bridges have been built of iron, and placed upon massive
1874, respectively.
and durable masonry, and arranged for double track.
The liabilities of the company, compared with the statement of
The rails
used have been steel and iron, weighing 64 lbs. to the yard—the
September, 30, 1873, show the following reductions, viz.:
iron being chiefly manufactured by the Baltimore and Ohio Com¬
By payment in advance on account of loan which will mature in
1875
$17,000 00 pany at its rolling mill at Cumberland, and of its standard superior
By payment in advance on account of loan

which will mature in

1885

500 00

quality.

$17,500 00
The liabilities also show the

The line traverses the region which lies between the Lake
Shore and the Michigan Southern Railroads on the north, and the

$95,500 00

passes

following increase, viz.:

Preferred stock, second series, 0 per cent currency
Sterling Loan, redeemable 1910, £2,000,000, at $4 84

gold

9,080,000 00
$9,775,500 00

profit and loss account shows an increase for the past year
of $3,111,028 97.
It will be seen by this account that the surplus fund, which
represents invested capital derived from net earnings which is
not represented by stocks or bonds, now amounts to $32,144,The

160 15.

.

r

shown by the report of the Transportation Department
thLt there has been a large expansion of tonnage of through
merchandise East and West, viz., from 640,265 tons in the pre¬
It is

year to 752,256 tons. For 1872 this traffic waa 557,609
tons, and for 1871 435,207 tons; 1,000,778 barrels of flour, and
9,668,361 bushels of grain were brought to Baltimore during the
fiscal year, showing an increase of 60,151 barrels of flour, and

ceding

Pittsburg, Fort Wayne and Chicago Railroad on the south. It
through the towns of Republic, Tiffin, Bascom, Fostoria,
Bairdatown, New Baltimore, Deshler, Holgate, Defiance, Hicksville, Auburn, Avilla, Albion, Cromwells, Syracuse, Milford,
Bremen, Walkerton, and Union Mills. It intersects the system
north and south lines leading to ports upon Lakes Eiie and
Michigan.
The expenditures upon the Baltimore, Pittsburg & Chicago
Railroad, up to the close of the fiscal year amounted to
$6,357,893 43.

construction of the
by which that city
and the intermediate region would command a great competing
line to Chicago and the Northwest.
It is probable that at no dis¬
tant day this valuable link will be constructed.
There continues to be much anxiety for the
line between Pittsburg and Chicago Junction,

In addition to the numerous connections of the Baltimore and
Ohio road in the South, the Southwest, and the West, the early

opening of the independent and most advantageous line through
the States of Ohio, Indiana, and Illinois to Chicago, will cause
GENERAL REMARKS.
the Northwest also to be greatly interested in this improvement.
The aggregate earnings, working expenses and net results of
Besides the great advantages to the commerce of such exten¬
the main stem, including the Winchester & Potomac, Winchester sive portions of the country, the proposed canal would prove of
& Strasburg, the Strasburg & Harrisonburg, the Washington
inestimable naval and military value in case of foreign war.
The
county and the Metropolitan branch roads; the Washington ability to interchange and concentrate vessels of war between
branch and the Parkersburg branch railroads; of the Central the Delaware and Chesapeake Bays and the Potomac River, with¬
Ohio Lake Erie & Chicago divisions; the Wheeling Pittsburg & out exposure to the dangers of the
seas, and of the navigation of
Baltimore, and the Newark Somerset & Straitsville Railroads the coast, and to the attacks of foreign fleets upon the Atlantic,
could not fail to add, at a relatively limited cost, vastly to the
were, viz.:
Expenses.
Net Earnings.
Earnings.
strength and resources of the nation.
Main Stem, including the Win¬
At the meeting of the National Commercial Convention, held
chester & Potomac, Winchester
in Baltimore in September, 1871, after an interesting discussion
& Strasburg, the Strasburg &
Harrisonburg the Washington
of this subject, that body unanimously adopted the following
Co.
and
the
Metropolitan

2,157,704 bushels of grain.

$11,693,955 55

Branch Roads

373,323 31

Washington Branch
Parkersburg Branch

802,066
1,004.356
787,168
64,053

Central Ohio Division
Lake Erie Division

Chicago Division

Wheeling Pittsburg & Baltimore

53
13
18
08

$6,675,895 26
126,034 36
942,252 98
843,049 77
624,066 63
36,857 60

$5,018,060 29

247,288 95
161,306 36
163,101 55
27.195 39

..

49,888 96

48,547 61

1,341 35

172,278 68

119,946 37

52,332 31

$14 947,090 42

Railroad....
Newark Somerset & Straitsville
Railroad.

$9,416,650 67

$5,670,626 20

Deficit on the Parkersburg Branch
Railroad

140.186 45

$5,530,439 75
The net revenue of the main stem and branches, including the
Central Ohio, Lake Erie and Chicago divisions, the Wheeling

Pittsburg & Baltimore, and the Newark Somerset & Straitsville

Railroads is $5,530,439 75. The aggregate working expenses of
the main stem with all branches and divisions are 02.99 per cent,
of the whole gross revenues,

preceding year.
Daring the year 363,221
7,946 tons of steel rails

of additional tracks

on

were

being 1 63-100 percent. Ies3 than the

cross-ties, 1,798 tons of iron and
used for repairs and the construction

new

the main stein.

and
the
Company’s works. The cost of this new and additional equip¬
ment, $1,067,671 40, has been charged to rolling power.
year, 36 engines, 11 palace and passenger cars,
for general tonnage were purchased and built at

During the

1,026

cars




resolution:

Resolved, That Congress be memorialized to direct a survey to

be made

between tlie Chesapeake and Delaware Bays, for the proposed improvement,
and if found to be practicable, desirable and valuable to the great interests
of the country, that the said ship canal shall he constructed.

In view of the comparatively small cost
varied and immense advantages which

of this work, and the
will flow from it, it is

hoped that the representatives of the numerous States which will
be so advantageously affected by its construction, will press the
subject earnestly upon the attention of Congress, and that those
efforts will be continued until this important improvement shall
he accomplished.
The successful management of the business of the company
requires the expression by the board of their appreciation of the
faithful and efficient services of the officers and employees in all
the departments of tlie service.
By order of the Board,
John W. Garrett, President.
—In regard to the late decision in favor of the company in the
United States Supreme Court, the Baltimore Sun says:

The suit in this caselras originally brought to recover th * diference between
the value of the currency paid by tlie company to the State on account of the
dividend due to the State under its original subscription to the stock of the
road under the act of 1835, chapter 395, and the gold which the State claimed
it ought to have received in payment of such dividend.
In this case the judg¬
ment was in favor of the State in the Superior Court of this oity, but it was

reversed by our Court of Appeals, whose judgment has been now affirmed.
Had this final decision been in favor of the State it would have amounted to
a judgment of more than $400,000 against the company.
At the time of ithe
institution of the suit the company was claiming of the State the amount of

THE

528

$289,529 65 for advances in paying the large premiums on gold or exchange to
interest on the State’s Bonds in London during the years 1863 and
1864, and the half year to July, 1865, and to this amount is now to be added

meet the

the accrued interest. The semi-annual sum due by the railroad
the State is $90,000, under the act of June 4. 1836. making the

company to
subscription of
$3,000,000 to the stock of the company on which the State was to have a per¬
petual dividend of six percent per annum out of the profits of the work as

were voted for directors, and all for the following
gehtlemen : W. A. Booth, Geo. Bliss, J. S. Kennedy, C. G. Lang,
don, of New York City; T. H. Perkins, of Boston ; Wm. F. Rey¬
nolds, Moses Bowler, of Lafayette ; M. E. Ingalls, S. J. Broadwell, of Cincinnati. The President made a statement, from which

shares of stock

declared from time to time, and no more.

Chicago & Northwestern.—The secretary of the Chicago &
addressed a letter to the Stock Exchange
notifying that oody of the discovery of fifteen forged $1,000 bonds
of the issue of 1859.
The bonds are well executed, and bear the
forged signature of William B. Ogden; and come from a Philadel¬
phia banking-house, where they had been received in the regular
course of business.
The company’s officers have been very sue
cessful in stopping the fraud as far as the payment by the com¬
pany is concerned.
They recommend that the bonds of the com¬
pany be presented at the office for identification as to genuineness.
The following notice was issued by the Stock Exchange Com¬

Northwestern Railroad has

mittee

on

we

of the following described
Chicago and North-West¬
ern Railway first mortgage 7 per cent, coupon bonds, dated July 1, 1859, pay¬
able Aug. 1, 1875, shall be bonds registered in a name, and not to bearer, as
heretofore. Genuine bonds can be registered at the office of the Company.
The following are the numbers of spurious bonds as far as has been
2.224

2.334

2.235

2,346
2,403

2,260

2,442
2,547
2,657

the

four months
in regard
mostly in
has been in reduced

year in same time, making our net gain for
first
of this year over last $50,088. This is very encouraging
to expenses.
Our falling off in earnings has been

cheap freight, and our saving in expenses
cost of labor and material, and by running our road with no ac¬
cident.”

Nov. 19, 1874.

In consequence of the appearance of counterfeits
bonds, this i ommittee direct that the deliveries of

discovejed.

2,690

Edwakd Brandon,

Kansas & Texas.—This

Missouri

notified the Stock

Exchange of

an

Railway Company has

intended issue of $7,000,000

preferred stock.
Little Rock

&

Fort Smith Railroad.—A meeting of the

holders of the first mortgage

2,729
2,786
2,788

2,668
2 684

“By estimating the last week of October I can give

extract:

you the earnings and expenses for the first four months of this
fiscal year. Our gross earnings this year are $649,207 68. Last
year they were $711,821 32, showing a decrease of $62,113 64.
Our expenses for this year are $364,890.
Last year, $447,092.
This makes our net this year $284,317, against $264,229 last
year ; or a gain of $20,088.
We have charged into the expense
of repairs of road, this year for iron rails $30,000 more than last

Securities:
New York,

[November 21, 1874.

CHRONICLE

Chairman.

and land grant bonds of this Com¬

Esq., No. 5 Pem¬
November
to be

pany is called a.t the office of O. W. Huntington,
berton square, Boston, at 12 o’clock on the 21st day of
current.
The whole property of the Company is advertised

sold under

a

decree for foreclosure

on

the 10tli day of December

Indianapolis.—Messrs. next, at Little Rock, Ark., by Charles P. Redmond,Commissioner.
J. S. Morgan & Co., London, invite subscriptions tor an issue of
New Jersey West Line.—This road is to be sold under fore¬
£500,000 or $2,500,000 of gold consolidated mortgage bonds of
closure of mortgage December 26.
It i« completed for 16 miles
this company—coupons payable June and December.
The bonds
bear 6 per cent in gold, payable in London, 7 currency, payable from Summit, N. J., west to Bernardsville, and nearly all the
in New York, and mature in 1915.
grading from Summit east to Newark was done three years ago.
The price of issue is 88.
New Orleans Mobile i&T^exas.—The sections west of the MisFort Wayne Muncie & Cincinnati Railroad.—A correspondent
sissippi River were sold Nottr. 18 by the United States Marshal
of the Cincinnati Gazette states the following :
Several incorrect statements have appeared in the newspapers for $450,000, to Frank M. Ames, son of the late Oakes Ames. A
concerning the appointment of receiver for the Fort Wayne new company will probably be organized to complete the road to
Cleveland Columbus Cincinnati &

“

the Texas terminus.

Muncie & Cincinnati Railroad Company.
“The interest on $1,800,000of the first

mortgage bonds of that
company has been overdue and unpaid for nearly three years.
A
large amount of these bonds are owned in Germany. $1,000,000
of the bonds

are

owned chiefly in

Boston.

The holders of this

$1,000,000 of bonds have had the management of the road for the
past three years. They have put rolling stock on the road, and
issued bonds to themselves to pay for that rolling stock. The
price at which they issued to themselves these, rolling stock bonds
was such that they had been receiving on them about sixteen and

Rockford Rock Island & St. Louis.—In the U. S. Circuit Court
of Illinois an order has been made for bondholders to appear, be¬
fore tbe first Monday of February, 1875, and prove the respective
status of their several bonds as to priority of lien.

Selma Rome & Dalton.—The section of the road from Dalton,
Ga., to the Alabama State Line, was sold, Nov. 3, under fore¬
closure. The price paid was $195,000, and the purchaser was a
Mr. Car man, of New York, in behalf of those bondholders who

a-half per cent,

interest per annum.
The German holders of bonds have been very much dissatisfied
that the Boston bondholders should be taking all the earnings of
the road to pay this exorbitant interest on the cost of the rolling
“

had united for that purpose.

Union Pacific.—A Boston report says that the Solicitor
Treasury made demand on the Union Pacific Railroad

of the

Com¬

for 5 per cent of net earnings of the road from November 1,
stock, while the German bondholders got no interest on tlieir 1869, to October 31 last. The officials of the company say that
the tax cannot lie previous to the time the road was declared
bonds.
One of tlieir number, therefore, acting-in their behalf, and of all complete by the Government Commissioner appointed to examine
other bondholders, has obtained from the Courts receivers to take it. The position which the company takes is that, as the road
possession of and administer the property in the interest of all the was not officially declared to be completed until last month, the
pany

“

bondholders.

Joseph Kinsey, of Cincinnati, and James E. Reeves, of Rich¬
mond, have been appointed by the Court receivers. The high
standing of these gentlemen—who are well known in Boston,
New York and Cincinnati—is a sure guarantee that the trust will
be faithfully administered.”
—The other side claims that the appointment of receivers was
unfair and done without notice, and the officers will make a sharp
fight to have the motion appointing receivers vacated by the
“

Court.

Great Western of Canada.—The Secretary has

announced that

the allotment of new shares, which were first offered to the share¬
holders in proportion to their holdings, and those not taken after¬
wards to the whole body of shareholders at about 49 per cent, of
their faces, were all taken at these rates.

Bloomington & Western.—On the 18th
petition of several classes of the bond¬
holders of the
Indianapolis Bloomington & W estern Rail¬
road Company, General George B. Wright, of Columbus, -Ohio,
was appointed by the Circuit Court
receiver of this company.
The second mortgage bondholders’ committee, ^composed of
Messrs. Thomas Deuny and others, make the following statement
of their proposed action, which is endorsed by tbe committees of
Indianapolis

instant,

on

the

first mortgage

bondholders:

represent by actual ownership and proper authorization over
one-half and nearly two-thirds of the second mortgage bonds.
2d. Tint, in accordance with the conditions of the second mortgage, as
provided for in case of default of interest or principal, we have made written
request to the directors of the Indianapolis, Bloomington and Western Rail¬
way to deliver over the road to the trustees of the second mortgage bonds;
said trustees haviuar been selected by a majority of bondholders in council
assembled, to be held in trust for the following purposes:
1st. That the road may be operated and maintained as economically as
1st. That

v.-e

possib

e.
2d. That the back pay

of employes, and future claims for like services may
promptly met. to the end that the officers of the road may exercise proper
discipline over its working force.
3d. That any claims may be paid or arranged, should they be held in law as
taking precedence of the mortgage interest.

be

on the mortgage bonds may be
with their legal priorities.
5th. That the road maybe so held in trust until all

4th. That the interest

paid in strict accord¬

ance

mortgage interest shall have been paid or

unpaid and overdue
arranged in manner satisfactory to

the mort nee bondholders.
Should the directors of the road refuse to

mortgage, we propose to obtain our

Indianapolis
of the




act according to the terms

of the

rights through the courts.

Cincinnati & Lafayette.—At a meeting
Indianapolis, November 2, 1874, 51,127

stockholders in

declara¬

5 per cent tax imposed can only lie since the date of that
tion or report.
Under a Congressional joint resolution of 1869, five eminent
citizens were appointed to examine into the condition of the
Union & Central Pacific Railroads, who reported that about

$2,000,000 would be necessary to supply tbe deficiencies of both
roads.
Secretary Cox at that time directed the Commissioner of
the General Land Office to withhold from them one-lialf of the
land grant as security for the supply of the deficiencies of the
roads. The reports of the Commissioners who recently examined
the roads, say the Union Pacific has, since that period, expended
$2,215,000, and the Central Pacific, $5,500,000 in excess of the
sum first named.
The deficiencies having been supplied and the
roads considered as complete, the reports were submitted by the
Secretary of the Interior to the President, who, on the recom¬
mendation of the Secretary, has directed the revocation of the
order of Secretary Cox withholding the patents for half the
lands, which will therefore be released to those companies.
The .ZY. Y. Tribune Washington dispatch gives the following :
1. The original charter of the company, as passed in 1862,
provides that after the road is completed, until the bonds and
interest are paid at least 5 per cent of the net earnings of the
road shall also be annually devoted to tbe payment thereof. The
question of the date of completion of the road was not settled by
the recent report of the Commission appointed by the Interior
Department, but is the subject of judicial decision.
2. An act was passed at the last session of Congress, directing
the Secretary of the Treasury to require the payment of all sums
of money due, or to become due, to the United States for the 5
per centum of the net earnings provided for by the act of 1862.
The same act further provides that, in case of neglect or refusal
to pay the same within sixty days after demand, it is made tbe
duty of the Attorney-General to institute the necessary suits and
proceedings to collect the same, and to prosecute such suits with
all necessary dispatch to a final determination.
3. In accordance with the provisions of this last act the Secre¬
tary of the .Treasury made his recent formal demand upon the
Union Pacific Railroad Company for five per cent of their net
earnings from November, 1869, to October 31, 1874, amounting
to $1,040,000.
At the expiration of tbe sixty days, if the amount
has not bten paid, it is made the Attorney-General’s duty to
proceed to collect it. It is in bis discretion either to bring the
suit in the usual form, to attach the company’s funds, or to levy
on any of its floating assets precisely as any other creditor would

November

®ljc Commercial Ctmeo.
commercIaT^pitomk
Friday Night, Nov. 20, 1874.
Tlie

529

THE CHRONICLE.

21, 1874.]

speculative activity and buoyancy in leading staples of

Exports or Leadlue Article* from New York.
The followingtable,compiledfrom Custom House returns,show
the exports of leading articles from the port of Now York since

January 1,1874, to all the principal foreign countries,and'also tne
totals for the last week, and since January 1. The last two lines
show total values, including the value of all other articles besides
those mentioned in the table.

domestic produce, which we noted last week, and which for a
time was apparent this week, proceeding from a somewhat

unexpected advance in gold and exchange, seem to have almost
wholly subsided. It continues to some extent in “ hog products,”
but in that particular is supported by special considerations.
Gold has been variable, but exchange has declined, and at the
close there is again an unsettled tone pervading trade circles,
with the volume of trade comparatively small. The strike of the
’longshoremen has probably contributed to the unfavorable turn

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which business affairs have taken.
The speculation in ‘‘hog products”

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has sold at ll^c. for long clear on the spot, 10£c. for December
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and January delivery, lOfc. for li»lf-and-half December and
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January delivery, and 10fc. for'short clear, January and
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Cut meats have been active at ll^c. for
February delivery.
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prime Western on the spot, until yesterday, when the opening
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and the closing 14|c., with sales for November
price was 15£c.
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and the first ten days of December at 14£c. But while the price
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fell off for lots on the spot, the speculation for future delivery
was active and buoyant, closing
O
33
at 13f@13fc. for the Winter
£3 aj
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months and 13|@l3fc. for the Spring months. The speculation
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continues to be almost wholly on Western account.
Th 0 tp
Sterine has
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sold at 18@184c. on the spot and 16£@16^c. for December. Tallow
was fairly active yesterday at 8£c. for prime.
Butter is dull and
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prices weak, except for fine grades. Cheese dull but prices
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asteady. To-day, mess pork sold at $21 on the spot, $22 buyer
January, and $2125 seller February.
Bacon was unsettled;
Lard opened higher but closed lower, with prime Western 14£c.
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on the spot, 13fc. seller the year, and 13£c. seller six months.
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There has been a fair degree of activity in ocean freights, and
TJ
© ©
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rates have advanced.
The withdrawal of steamers, the diversion
of some sail vessels to Southern ports, and the non-return of
others to this port owing to the low rates ruling here, have
!«S :
x3
rT
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t>> ©■
materially reduced the extent of room seeking employment, while
&
the pause in the speculation, in breadstuff's, and better foreign
advices, have stimulated the export demand. The business of
.t-»-icofrTC=3co»t.©
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yesterday embraced grain to Liverpool, by steam, at 7(<£8d.; by
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acci
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sail, to London, 74d., and to Cork, for orders, 5s. 8d.; refined
’coo©
8
petroleum to Bristol, 4s. 3d.; from Philadelphia to the Continent,
3s. Gd.; a vessel with tobacco to Liverpool at 3s. 6d.; and hops to
London, by sail, 15-32d. To-day, there was a further advance ;
to Liverpool, grain 8d.@84d. by steam, and 7@74d. by sail, and
cotton by steam 7-16d; vessels with grain to Cork for orders,
Gs. 3d.@Gs. 6d.; and petroleum to Antwerp, 4s. Gd.
<30 tThe lower prices for coffee, as noted in our last, were followed
: : :
Tf
or
•«
©
by an active demand, in which nearly the entire stock of Rio
was disposed of, and that
of mild grades much reduced, with
prices showing a partial recovery. Rio, fair to good cargoes,
'§8©8 ■ ^ '•• •• »2? 2
SI17£@20c., Jarva 24@27c., and Maracaibo 164@19c., gold, with stocks
t—®
.©L
;cc
:
03' *
^
yesterday morning only 5,000 bags Rio, 13,459 mats Java, and
20,284 bags of other descriptions. Rice has declined for domestic,
with considerable sales of Louisiana at 5£(<?61c.
Molasses has
^
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35vh
remained about steady at the decline noted in our last.
Sugars
^
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*
^
* rf
cT ‘ co—. C- rf
©
have latterly been more active, and raws show some improve¬
lO
s?
ment.
The stocks yesterday morning were 67,654 lihds., 68,079
Oh
boxes, and 23,835 bags. Fair to good refining Cuba quoted at
8^(38|c., No. 12 Box 8£c., Centrifugal 8|@9|c., and standard
i i n
C.
crushed refined lOfc.
Raisins, have been salable at $2 90 for
30
layers, and 10^c. for Valencia.
Hides have been in fair demand and prices <tre firm ; dry Buenos
Ayres sold at 25@25£c. gold, dry Texas at 214c., and city slaughter
at ll£c. currency.
Linseed oil is firmer at 78@79c., in casks and
barrels. Crude fish oils have been in fair demand, with sales of
crude sperm at $1 63(3)1 65, and Northern whale at 65c. Mack¬
erel have been quiet but firm ; dry cod are lower and herring dull.
Whiskey has declined to $1 021. Clover has been in better
demand, and closes firmer at 94@9fc. per lb.
Kentucky tobacco was firmer, but with less activity in specula¬
tion, at 10£3$'i3c. for lugs, and 14@27c. for leaf; the sales for the
week embraced 1,200 lihds ,of which 800 were for export and 400
were for consumption.
Seed leaf was quiet but steady ; the Bales
embrace: Crop of 1870,100 Cases Connecticut, at 11c.; crop of
1872, 40 cases Pennsylvania on private terms, aud 200 cases sun¬
dry kinds at 10@50c. Spanish tobacco has been fairly active aud
firm; the sales were 800 bales Havana at 85c.@$l 15.
The market for refined petroleum has been dull and weak, with
sales latterly at 10£c. for prompt delivery. Crude, however, has
remained about steady, and closes at 5 l-16@5^c. in bulk, mouth, i
S3
©
*“• ©
i-i
Rosin has been moderately active at reduced figures, strained
T-l
.«*
selling at one time at $2 20, but at the close there was a recovery
■°
to $2 2502 30.
aexjboa.-^oooo
Spirits turpentine, with the exception of a little
spurt” to 36c., has remained steady, and closed at 354c„ though
s : : ; ; : i : ; ; : : :
: : : :• ■“.-r • * •
&
a ..:•••
rather weak. Hops have continued to move in liberal lots for
B
53
export, and more activity to the home trade is reported on the
:
basis of 40045c., cash, for State, 1874’s. Ingot copper has sold
o
xT I
:a
a
to the extent of 1,000,000 pounds Lake at 22f022|c, cash., and
© © ©
23£@23£c. for the balance of the year, showing a decided advance.
: ® 9
®’
Other metals are only|moderately active at previous prices, with the
1S^«5o6
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fi
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exception of American pig iron, which is easier at $27@28 for No. 1. 'i

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530

[November 21,1874.

THE CHRONICLE.
Exported to—

Imports of Leading Articles.
The following table, compiled from Custom House returns,
shows tbe foreign imports ot leading articles at this port since
Jan. 1,1874, and for the same period of 1873 :
[The quantity Is given in packages when not otherwise specified.]

Week ending
G. Brit.
Nov. 20.

Since

Same
Jan.1,’74. time ls73

Since

Jan.1,’74.

Same
time 1873

Savannah
Galveston
New fork...
Other ports*

22,548
2,479
6,*64
26,713
1,702
16,661
8,3t3

Total
ince Sept. 1

*

78,958
405,856

NewOrleanB.
Mobile

Charleston...
....

-

China, Glass and
Earthenware—
China
Earthenware.
Glass
Glassware
Glass plate
Buttons

363,876
34,668
7,677

6,26f>

3,381
537,801

191,887
2,247.341

Steel

4,858,209

256.545

105,834

190,099
940,256
912,315
9,782.953 4,963.681
120,893
117,069

Tin, boxes
Tin slabs, lbs...

5,040
149,856

6,233

253,801

Iron, RR. bars...
Lead, pigs
Spelter, Tbs:

10,537

1)0,(111
23,035

..

Hardwme

17,53:
46,89
457,7137,620

32.428

.

Coal, tons
Cocoa, bags..
Coffee, bags

4.157
2.912

Cutlery

12,642

27,379

1,265,355 1,053,419
bbls.

576,051
1,268.055
998,361

2,8)9

ll,75o

Bark, Peruvian..
Biea. powders...

31 485
2-1.897

36,47-3
29,496

5,616
1,303
33,334

7.238

522,485
975,591
809,043
59,004
4,246

67.876

Cochineal
Cream Tartar...
Gambier

3,799

Cotton, bales
Drugs, <fec—

Indigo

5.200
3.37'.

Madder

1,350 Wines, &c— '
11,844
Champagne, bks.

1,960

Gum, Arabic

Wool, bales
Articles reported
value -

670
640

854

Oils, essential..
Soda, bi-carb—

29.334
1,492
43,729

Soda, sal

46,515

Soda ash
Flax
Furs
Gunnv cloth
Hair

4,017

3,95b

Hemp, bales
Hides, &c—

175,553

117,525

Oil, Olive

Opium

102,047
149,977
44,698

Wines

5,458
3,6)1

Fancy goods..

47,054
9,301
6,092

50,255
5 1'5

$1944.444 $1906,529
78,607
121,638
1,005,175 1,368.285
380,897
333,501

....

Fish

6.9o5
6,160

85C.251
1,102,938
1,320,270 1,195,012
b91,917
Nuts
1,077,421
Raisins
1,665.737 1,328,507
Hides, undressed.. 12,392,928 10,530,194
..

719,175

Rice

1,3*8
8.331

Ivory
t
Jewelry. &c.—
Jewelry

10,576
48.780

2.095

Hides, dressed..
India rubber

1,659

46,706

Bristles

2,24 j

2,907

Ginger
Pepper
Saltpetre
Woods—
Cork.
Fustic

998

789,649
101,760

83.697

574,390
105,094

Logwood

lteceiptu of Domestic

7,824

6,226

pkgs.
Breadstuffs, &c.—

Rye
Barley. &c
Grass” seed.bags.

65,045
462.376

bales.

156,231
824,629
4,255
462.595

523,45»

bales.
sides.
bbls.

30,134
3,359.765

Leather.
Molasses.,
Naval Stores—
Cr. turp. . bbls.
Spirits turpen...
Rosin
..

3,311

1.687

27,454

83,953

Epms

196.767
821.418
5,798

No.

Hops

170,194

...

.

20.002

298,974
16,036

bbls
.lihds.

5,186
284

681

30,222

50,125

242.6U3

159,841

120,326
163,921
.68,146
106,793

107.449
174,537

.

66,909 Wniskey....
502,531 Wool

479,236

35.660
2.109

45.6211

Tar
'

.3.422

Pitch

344,264
23,601
11,793
294,096
18,035
1,118

35,422

.kegs.
.pkgs.

..

9.325

70.456

30,102

44,887
212,942

Tallow
.pkgs.
T obacco
Tobacco.... .hhds.

21,334

11,992

126.126

106.951

Pork
Beef
Lard
Lard
Rice
Starch
Stearine....

14,975 iSugar
2,469,680 Sugar

27,229

799,323
835,416
1,873,579 1,795,988
273,603
457,577
422,209
449,135

...

153,121

Hides

163,360

...

27,579,968 23,513,365
9,784,744 10,282,371
933,010
51,9,339
2,086,474 2,139,494

bbls.
bu h.
bbls.
bales.

Hemp

pkgs.

Peanuts.
.bags.
Provisions—
Butter
.pkgs.
Cheese....
Outmeats.

78.958
39.944

Beans
Peas
C. meal
Cotton

Same
time 1873

Since

Oil cake

,

bales.

Drpssod TTncrs

No.

,

83,022
93,812

COTTON.
Friday, P. M., November 20, 1874.

By special telegrams received to-night from the Southern ports
in possession of the returns showing the receipts, exports
&c., of cotton for the week ending this evening, Nov. 20. It
appears that the total receipts for the seven days have reached
152,433 bales against 159,245 bales last week, 148,013 bales the pre¬
vious week and 150,031 bales three weeks since, making the.total
receipts since the first of September, 1874,1,113,054 bales against
858,920 bales for the same period of 1873-74, showing an in¬
crease since September 1, 1874, of 254,134 bales.
The details of
the receipts for this week (as per telegraph) and for the corres¬
ponding weeks of the five previous years are as follows :
we are

Received this week at—
New Orleans.....bales.
Mobile
Charleston
Port Royal, &c
S ivannan.,...
Galveston.
Indianola. &c
Tennessee, ac...

1874.
1874

3:.031
1

16,383
20,044

31,6! 6
9,031
13,894

1 ,"81
23.831

32,63 i

17,23*

10,9:7

.97

503

9,798

9,147

12,5 .'2

J

86,672
13,526

30,814
10,942

39.077
12,165

|

1870.

1871.

1872.

1873.

8,337

1869.

21,032
9,022

11,006

„

14,533

8,652

21,639

24,746

27,556

18.041

7,201

5,329
'

9,008

4,8'H)

6,774

7,3"9

3.884

391

816

491

537

230

442

4,949
18.39a

1,209
12,059
2,736

2,237
12,323
1,713

1,901
9,442

3,899

2,416

2,418

Florida....
North Carolina
Norfolk

11,251

7,5?5

152,433

133,894

118.5C5

1,113.054

853.920

1,006,945

City Point, &c
Total this week
TotalslnceSept.1...

8i6

J

101,494

1

-

-

122,183

81,818

666,603

795,329

....

S.769
21,894




season t

128,999
35,725

113,630
27,070

7,764

50,584

34^637

21 522
7,157

9l'505

62,512
63.269

8,345

91,609
64,000

81,255
50,911
85,000

83.536

500,098

384,008

24,988

....

KXPOKTBD 8INOK

BKOKIPT8
RlNn*

PORTS.

RUPT

Oiher

Great

1374.

New Orleans..
Mobile
Charleston*...
Savannah
Galveston*
New York
Florida
No. Carolina
Norfolk*
Other ports ..

209,507

170,607

76,595
153,059

58..-80

Total this year

960,621

Britain. France. For’gn.

1873.

223,219
97,416
24,713
8,827
25,502

....

....

.

Tot^l last year

131.472

10,311

-

7,8S8

*74,215
9,837
49,096

110,156
189,525
47,875
24,Si9

6,774
S,902

62.577

17,306
91,311

2.304

•

-

•

•

12,024

•

•

•

•

•

•

«

•

•

•

•

....

Total.

93,987
12,009
51.616

76,589
17,806
106,396

....

•

6,218

21,125

326,892

725.42*.

•

11,894
2,122
1,746
10,110

•

2,”51
1,555
17,904

....

•

•

2,561

....

9,-70
107,757
8,323

....]

8KPT.1 TO—

1

2,551
1,555
24,152

44,144

892,161

.

„

.

Coast¬
wise
Ports.

Stock.

5",662
40, *68
59,336
7:--,708
31,264

116,677
78,375
44,128

85,631
55,037

83,684
3,827
19,3.0
103,310

3,813

28,900
28,009

....

381,615

474,241

278.002
833,595
39,683
21,715
852,692
added this week 1,163 bales recovered from the

216,604

*

To the New Orleans receipts are
“Ailsa ** wreck.

t Under the head of CharUstsw. is

Included Port Royal, Ac.; under the head of

Ac.; under the head of Norfolk is included City

&c.

There has been the past week only a limited business in cotton
on the spot, and the most of tbe time less buoyancy of tone to
tbe market. An advance of |c. in quotations made on Monday
was lost yesterday, but again
recovered to-day. The speculative

spirit developed on Friday last continued till the opening of
Monday’s business, but wholly disappeared on Tuesday, under a
partial loss of the previous advance in Liverpool, liberal receipts
at the ports, and a decline in gold and exchange.
At the conces¬
sion of \c. yesterday, noted above, there was rather more doing.
To-day, the feeling was better, with a fair export and spinning
demand, and the decline of yesterday, as already stated, was
recovered.
The Agricultural Bureau’s figures of the crop were
expected to be issued by to-morrow, or very soon thereafter, and
it is very possible that the improvement and increased demand of
to-day is the result of a knowledge of tbe contents of the report
in some quarters.
For future delivery the market ruled active
and buoyant throughout Saturday, and opened on Monday much
excited. Liverpool reported a further advance, the receipts at
the ports showed a considerable fallingoff, not only as compared
with
the
preceding week, ; but with the corresponding
period last year, and gold and exchange also advanced,
affording a stimulant to general speculation which was
felt as well in other staples of domestic produce.
The highest
prices made on Monday were as follows: For November, 14|c.;
for December, 15 l-16c.; for January, 15fc.; for February,
15 19 32c.; for March, 16 l-16c.; for April, 161c.; for May,
1615-32c.; and for June, 16 22 32c. But there was towards the close
of that day some decline from these prices, and on Tuesday, Liv¬
erpool reported a partial reaction against the advance that had
taken place in that market, the receipts at the ports were again
large, and with a decline in gold and exchange, there was a
relapse to the speculative spirit which had sprung up in trade
circles.
Under these influences, tbe whole market for futures
became weak, and the early months showed more or less decline,
the depression continuing throughout Wednesday and Thursday.
To-day, there was a fairly active and buoyant market; it was
claimed that many who were short not only covered their con¬
tracts, but went “long.” The only apparent cause of strength
seemed to be the impression that the receipts the coming De¬
cember will be much smaller than last December, when they
were very large.
It is not impossible, however, that the recent
rains, and their effect in swelling tbe streams so as to improve
steamboating, should have an important influence on receipts.
After ’Change there were sales at 14 15-16c. for December,
15 3-16c. for January, 15 17-32c. for
February, 16 5 32c.
for April, and 16 7-lGc. for May.
The total sales for forward
delivery for the week are 177,800 bales, including 400 free
on board. For immediate delivery the total sales foot up this week
11,483 bales, including 3,447 for export, 4,190 for consumption,
3,216 for speculation and 630 in transit. Of the above, 600 bales
were

to arrive

The following:

Ordinary

per lb.

Good Ordinary
Low

Middling

Middling
Good Middling

Middling Fair
Fair

are

Uplands.

New Classification.

The exports

week of last

99,012

190

441

dates:

709,874

for the week ending thia evening reach a total of
99,012 bales, of which 78,958 were to Great Britain, 3,709 to
France, and 16,285 to rest of the Continent, while the stocks as
made up this evening, are now 500,098 hales.
Below are the
exports and stooks for the week end also for the corresponding

10,163

-

17,819

[|W Our telegram from New Orleans to-night shows that
exports tbe amount of cotton on shipboard, and
engaged for shipment at that port, is as follows: For Liverpool,
44,000 bales j- for Havre, 26,000 bales ; for Continent, 20,500 bales ;
for coastwise ports, 3,500 bales; total, 94,000 bales; which, if
deducted from tbe stock, would leave 30,000 bales representing tbe
quantity at the landing and in presses unsold or awaiting orders.]
From the foregoing statement, it will be seen that, com pan d
with the corresponding week of last season, there is an increase
in the exports this week of 15,476 bales, while the stocks to¬
night are 116,090 bales more than they were at this time a year
ago.
The following is our usual table showing the movement
of cotton at all the ports from Sept. 1 to Nov. 13, the latest mail

Point,

Jan.1,’74.

:,7«o

16,285
60,4 ;9

•

*

Galveston is included Indianola,

Oil, lard

55.919

334,855
120,969

1,1874, and for

-

bbls. 3.510,857' 3,035.4-38
bush. 38.530,161 29,552,448

Flour
Wheat
Corn
Oats

393,724
84,120

Produce.

Same
time 1873

Ashes

376,384

1'.8.361

The receipts of domestic produce since January
the same time 1873, have been as follows :
Since

97,550
125,313

228,300
22,269
263,503

Manosrany

Jan.1,’74.

239,283

130,351
675,138
347,100

Cassia

3,431

9 43

Watches
Linseed
Molasses

SpiceSj &c.—

701,555

8,017

1.702
13,901

3,492

912

1873.

besides the above

Lemons...

Oranges

1,631
6,335

29,707
3,391
8,695
33,058

2,667

1874.

491,173
£61,538
•The exports this week under the head of “other ports” include from Balti¬
more 1,849 bales to Liverpool and 1,755 bales to Bremen ; from Boston 560 Ualevto
Liverpool and 25 bales to St. Johns; from Phi'aleiphla 1,200 bales to Liverpoolfrom Norfolk 3,364 bales to Liverpool; from Wilmington 1,410 bales to Liverpool.

Fruits, &c.—

9U6

148,872
45,528

by

37,380 Cigars.
1,056 Corks
80.603
63.171

152,460

France
"

Stock.

Totalthls Samew’k
week.
1873.
Contln’t

;..

12*®...

the closing quotations
Alabama.

12*®....

14

1-4

14*®....
14*®...
15*®....

14*®....

15*®...
10

®....

15

®....

15*®....
15*®....
16*®....

wew

Orleans.

12*®...;
14*®....
14*®....
15*®....
15*®....
16*®....
10*®....

•
Texas.

12*®...
14*®...
14*®...
15*®...
15*®...

!$•:::

November
Below

we

531

THE CHRONICLE

21, 1874.]

and price of

give the sales ot spot and transit cotton

week

Uplands at this market each day of the past

:

mometer 60.

PBIOKH.

balks.

Selma.—We have had one light rain, and it is now cloudy and
threatening; rainfall two hundredths of an inch. Average ther¬

days; our correspondents
Average thermometer 61.
day, the rest of the week
14%
14%
13%
90
v<%
496
512
1,098
Saturday
14
14%
14%
752
12%
186
163
403
being cloudy. The rainfall was twenty-one hundredths of an
Monday
14
14%
14%
69
12%
430
521
1,023
Tuesday
inch, and the average thermometer 54.
14
14%
14%
12%
’530
200
203
1,553
621
Wednesday
14 X
14%
2.291
13%
Columbus.—Rain has fallen on one day, to the extent of six
L%
100
869
160
1,-6-i
Thursday
14
14%
14%
12%
980
4/161
2,511
l.VlIO
hundredth of an inch.
Friday
Average thermometer 62.
Savajmah.—The weather has been warm, sultry, and wet, with
630
11,483
3,447 ’4,190 3.216
Total
rain on three days, the rainfall aggregating one inch and seven¬
For forward delivery the sales (including 400 free on boarc
teen hundredths.
Average thermometer 58.
have reached during the week 177,800 bales (all low middling or
Augusta.—There has been rain on three days (showery), the
on the basis of low middling), and the following is a statement of
rest of the week being cloudy and sultry ; the rainfall aggregates
the sales and prices :
forty-nine hundredths of an inch. Average thermometer 57.
cts
bales.
Ct3.
hales.
cts
Charleston.—The weather has been generally cloudy and cool,
bales.
cts. bales.
For May.
For March.
200.
....15 1-16
For November.
1(0
with rain on three days; total rainfall one inch and forty-one
15 11-16
1,900...
16 9-32
310..
100
14 19-32 38.IOO total Dec.
15 23-32
hundredths. Average thermometer 51.
4,100...
MK>
1,700
14*
6,400...
For January.
200...
...16 11-32
The following statement we have also received by telegraph,
300
14 21-32
15 25-32
2 0 0..
..15 1-32
600...
2,800....
16%
400
14 11-16
15 13-16
15 1-16
1,800...
7,200....
410.,
showing the height of the rivers at the points named at 3 o’clock
100 S.nl9th. 14 23-32
15 27-.S2
15 3-32
(XI
S
“1,200...
16 7-16
7(0
this afternoon (Friday, Nov. 20).
100 s. n....!4 23-32
We give last year’s figures
15%
1,600..
15%
16 15-82
LOO...
6,300....
100
!4 23-32
I5 2»-3i
5-32
15
2,800..
6,4i>0...
(Nov. 21, 1873) for comparison :
100 8.n. 17th..14*
15 15-16
15 8 10
2,209...

0 5.23

New
?Ciassiflcation.

Con-

Rxp’t.

Good

Tran¬
sit.

Spec*
uia’n

sump.

LOW

Ord’ry Ord’ry. Midl’g.

Total.

•

•

•

•

•

•

•

Mid
dlim

Macon.—There has been rain on two
have omitted to telegraph the rainfall.
Atlanta.—We have had lain on one

....

•

*

..

.

..

,

...

..

BOO
600
100
100

6,800....
6,200....
7,000....

14 V
14 2'>-32

8. n...

14 27-32
14 27-32

s. n
14%
lOos. n 23d... 14%
300
14%

For December.

MX

2,5C0

14 25-31
14 13-16
14 27-32
14%
14 29-32
14 15-16
14 31-32
15

5.600

5,I00.-.
5.300

3,BOO

3,900
5. 00
600

15 1-32

The sales

The

bales.

1,300...

....

...

15 31-32
16 1-16

5,200 total March.

100...

2,100...
2,500
2.200.

15 7-16
1,800.... ....15 15-32
15%
2iS00....

2 900...

3,100...
1.800...
9(0...
400...

4il0O.... ....15 17-32
15 9-16

l.UXL... ...15 19-32

23.900 total

Feb.

....

..

1,4(0...
1,300...

SjOOO....

3,100....

April.

For

56,100 total Jan.
For February.
1,700.... ....15 11-32
15%
13,700....
3^800... ...15 13-32

15 31-32
16
16 1-32
16 1-16
16 3-32
16%
16 5-3 i
16 3-16
16 7-S2

For June.
400
16%
16 17-32
100
16 9-16
800
16 19-32
10-0
700
16%
16 21-32
200
16 11-16
700
1.200
16 23-32

4,200 total June.
For
400
100
400

July.

900 total

18,900 total April.

week of free on board have
particulars of these sales are as below:

during the

300 bales f. o.b. Norfolk, p.
liOf. o.b. Port Royal, p. t.

16*
16 27-32

16%

July.

reached 400

t.

each day on the
deliveries named:

The following will show the closing prices
basis of low middling uplands for the several

November
December
January

February

.i....

March

Apr.l
May

Frl.
Sat.
14%
14%
14 19-32
14 21-32
14*
14 31-32
15 1-32
15 3-18
15%
15 17-32
15 ;l-16 ,15%
15 31-32
16 3-16

16 7-16

16%

June

July

*6 11-16

16%

16%

Gold
Exchange
Bales spot

Sales future...

high-water mark
Above low-water mark

New Orleans..Below

Memphis
Nashville

...

Inch.

14
3

2
11

8
11

10

Little Rock.. .Above low-water mark

Feet.

11

4
2

Above low-water mark
Above low-water mark

Inch.

6
7

6
6

8

14
3

Above low-water mark

Shreveport
Vicksburg

1874.—x ,-Nov. 21, 1873.-^

8

0

0

10

17

Now Orleans reported below liigh-vwater mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to high-water
mark of April 15 and 16, 1874, which is 6-lOtlis of a foot above
1871, or 16 feet above low-water mark at that point.

Cotton Spinnino

United States.—After very many

in the

delays, we are able to-day to give our readers the results of our
investigation with regard to the cotton spinning capacity of the
United States. The work has been extremely difficult and ardu¬
ous; fully compensated for, however, in the usefulness of the in¬
formation obtained. Our readers will find the report in our edit¬
orial columns.

400 total

Old classif’n.
On spot

'-Nov. *20,
Feet.

4,000 total May.

16

100...
100...

.15 S-32
15 5-16
100.... ...15 11-32

2,000....
3, 00....

1,200

6,100 total Nov.

15 7-32

16%

4.H4

2,051
28.400

'

Tues.

Wed.

14%
14%
14 29-32
15 7-32
15 17-32
15%

14%
14 25-32

14*
14 23-32

29-32
5-32
7-16
25-32
3-32
16%
16%

14 13-16
15 3-32
15 13-32

16 3-15
16 7-16
16 23-32

iii%

UU*
4.84

110%

Mon.

4.84%
752

1,093;
25.400

46,300

14
15
15
15
16

16%
111%
4.84%
1,023
40,800

15*
16
16 5-16
16 9-16
....

Ill

4.83%
1,558
26,500

Thurs.

14%
14 21-32
14 25-32
15 1-16
15 11-32
15 23-32
15 31-32

16%
16 19-32
15 27-32

111%
4.82%
2,291
U.SOO

Frl.
14%
14 27-32

14 15-’.6
15 7-32
15 9-16

15%
16 5-32

Bombay Shipments.—According to our cable dispatch received
to-day, there have been 1,000 ba'es shipped from Bombay to
Great Britain the past week and 1,000 bales to the Continent,
while the receipts at Bombay daring the same time have been
5,000 bales. The movement since the 1st of January is as
follows. These are the figures of W. Nicol & Co., of Bombay,
and are brought down to Thursday, Nov. 19 :
Great
Britain.

•

111%

4.83*
4,761
22,800

—Shipments since Jan. 1—, ,—Receipts.—*

(—Shipments this week

16 7-16
16 23-32
•

1874.
1873.
1872.

1,000
4,000

.

.

Continent

Great

Britain,

Total.

Total,

377.000 1,184 000
904,000
897,000

807,000

2,000
4,000

1,000

Continent.

203,000
219,000

70!.000

648,000

This
week.

Since
Jan. 1.

5.000 1,240.000
8,000
976,000
4,000
923,000

foregoing it would appear that compared with last
there is an decrease of 2,000 bales this year in the week’s
the past week throughout the South, and the cold weather ex¬ shipments from Bombay to Europe, and that the total movement
since January 1 shows an increase in shipments of 280,000 bales,
perienced in the North has been followed by frost and ice in a compared with the corresponding period of 1873.
very considerable portion of the cotton States.
Our telegrams,
Gunny Bags, Bagging, &c.—Bagging is lower, but more act¬
however, show that the extreme Southwest is still without any ive and steady at the
close. Last week some lots were thrown on
the market, and iu all 4,200 rolls changed banc’s at 10£@llc., cash,
appearance of frost this season.
Galveston.—It has been showery here on four days this week, in Boston and 1 Of faille. here. Since then 1,000 rolls have sold in
lots at ll@lHc. There are now a good many orders in market at
the rainfall reaching one inch and fifty hundredths of an inch.
the lowest prices, but they cannot be filled. Stock here 8,000
The highest point of the thermometer was 76 ; the lowest was
rolls, and 20,000 rolls in Boston. Borneo cloth has been quiet,
52, and the average 64. Ice formed this week in the Northern but remains about steady, 75 bales having sold at 12£c ; very
small sales of native at 9£@9£c. Bags are still entirely nominal
part of the State.
at ll|@12c.
Jute butts have ruled quiet, with sales of 1,000
Indianola.— There has been rain on five days the past week—
bales iu lots at 2£c., 60 days.
give the fol¬
Messrs. Cabot
the rainfall reaching two inches and nineteen hundredths.
The lowing statistics, brought down to Nov. 16 : Bowles
Jute
Jute
thermometer has averaged 67—the highest point being 79, and
Butts.
Weather Reports

From the

by

Telegraph.—Some rain has fallen

year

Rejections.

the lowest 50.

days (showery).
lowest point of
the average 55.
The rainfall has reached one inch and sixty-nine hundredths.
New Orleans—We have had rain (sprinkling) on two days,
with a rainfall of forty-eight hundredths of an inch. Average
Corsicana, Texas— It

lias rained here on four

Wednesday and Thursday nights, the
the thermometer being 30; the highest 69, ana
Ice formed

Stock

on

hand Jan. 1,

l

thermometer, 59.

one

and seventy

Memphis.—Our correspondent at this point reports rain on five
days, the rainfall reaching one and forty-three hundredths inches,
and adds that no damage will ensue if succeeded by fair weather.
Average thermometer 52.
Mobile.—The crop is being marketed freely. The tributary
rivers are higher.
Average thermometer 63.
Montgomery.—'There have been two rainy days, with a rainfall
of fifteen hundredths of an inch. About all the crop has now been j
secured. Average thermometer 61.
•




5,500

[ Boston-0^

Stock Nov. IS,

On passage

j

8,881
17,214
33,476
2,200
2.700

210,044
13,000

1C7Q

2,000
15,000
79,100

*

59,000

j-

New York...

for United States, Oct. 2, 1874 jjoaton

Total

—

Same time in years

8,200
2,781

200,530

IQ70

lST4}^Jork........ ...

Total

3.700

60,000
83,187
24,210

Total

Same time in years y

of

2),200
23,500
4,500

107,427

Imported since January, 1874

Same time in years y

three rainy days, with a rainfall
hundredth inches. Average thermometer, 51.

54,500

(New York
(Boston

Total,

thermometer, 66.
Vicksburg.—There has been rain here on three days, and
it is now cloudy; total rainfall, two inches and twenty-six
hundredths. Picking is about finished on the hill lands. Average
Nashville.—There have been

107,4
18(4

2?2’300

j- jg^j

Consumed iu United States in the years

j- Jg?|

Loading for United States, Oct. 2,

1874

j- Boston01*.'

1,100

4J300
8.700
13,900

60.068

9,200

1,000

69,268
17,234
56,771

1,000
200

8,506

9,500

3,00J

r■

12,500
3,000

Total

1^72

Same time in years

17,192

Consumption since January 1, 1874
Same time in years

j-

] j” ”*‘j‘t’‘‘\*'*'|

500

152,210

184,780

8,181
23,04}

177,044

22,879

532

Jute
Butts.

Deliveries and

UttJ
consumption past 30 days
Ul

iUU

(

V

11.847
-,208

!.**

.V.

exports of cotton from New York, and their
of the last four weeks; also the total ex¬
*600 ports and direction since Sept. 1,1874; and in the last column
2,563 the total for the same period of the previous year.
table showing the
direction for each

Jute

Rejections.

* *»u * »

••••

UU

}

Same time in years

l?!?*8

,414

.os'

from the

United States, inclu

g

only.

up by

1674.

222,000

692,000
81,750
10,250

650,000
229,000
13,000

Bremen and

16.750

Stoca at Hamburg

34,750
82,250

Stock at Bremen
Stock at Amsterdam

Havre
Other French

'

1,041,250
stocks
1,041,250
131.000
India cotton afloat for Europe
131.000
305.000
American cotton afloat for Europe
305.000
71,000
Egypt. Brazils, &c., afloat for Europe....
500,098
Stock in Uaitcd States ports
500,008
89,897
Stock in United States interior ports.

1.010,500

2,440

1,121,000

28,000

23,000

ports

Total continental stocks
Total European

to-day

United States exports
Total visible
Of the above,

25,000
25,000

2,163.245

supply

American—

..

.

.

Total American

East Indian, Brazil, dec.—
Liverpool stock

Liverpool

indicate an

These figures

2,437
4,906

47,440-

N’th Carolina.

follows

2.371

ing

...

Macon

Montgomery...
Selma

...

Nashville

Total, old

Shreveport....
Atlanta
S t.
i

Louis

dncinnaii

Total, new

6,773

1,888

7,5f3

...

.

16,458

2,671

2,014

5,002

...

Memphis

9,657

2,968
3,670
ll\0O4

3,7C4

...

....

....

...

....

..

41,196

3.148
8,846
7,812

6.078
20,831

The above

..

65,080

2.605

33,463
2,277
4,065
4,114
5,309

16,065

49,523

totals show that




2,656

14,755!

46.699

742

164,000
65,000

83,897
4,430
4,230
18,178
6,327
33,165

3,536
1,780

9,739

2,009

5,1-15

1,865

1,886
15,487
1,248

5,292
21,798

123,062

3,367

36,893

38,262

67,857

868

686

2.508

3,060
1,658
2,841

646

41,285

46,507

News.—The exports of cotton

4,337

2,447

9,938

500
Suevia, 1,280
Goethe, 1,267
Orleans—To Liverpool, per steamers Mississippi, 3,692 and 26
sacks seed cotton. ..Jamaican. 2,131
Ponce, 1,610:...per snips
Cefernia, 2,6.47
Geo. Skolfleld, 3,862

3.953
3,189
To Hamburg, per steamer Darien, 2,251
.
Mobile—To Liverpool, per ship Missouri. 2,268
Charleston—To Liverpool per ship Orpheus. 3,313 Upland and 33 Sea
Island ...per barks Ellen, 2,60) Upland
Ala, 1,220 Upland
Fruso. 1,320 Up'and
Kong Carl,
Bachelors, 2 016 Upland
1,4 4 Upland and 25 Sea Island. .-..Sarah Ellen. 2,447 Upland
Nellie Moody. 2,314 Upland
Ranger, 2,000 Upland and 20 Sea
Tiber, 2,850 Upland and 33 Sea Island
per bfig Her¬
Island
To Havre, per ship Baden.
To Bremen, per Strassburg,

mann,

600 Upland/...
per ship Arlington,

per

brig Limpio, 950

Upland

...

14,001
3,959
3,180
2,251

2,268

22,246

3,513

3,458 Upland
ana 103 Sea
Island
per barks H L. Ronth,
British Queen, 3,616 Upland
Jennie Prince, 2,932 Upland
3,180 Upland
Jessie Gilbert,
20,996
1.850 UDlard
To Cork, per barks Goethe, 1,575 Upland
Aker, 1,440 Upland...,
Asia 2.400 Upland
5,415
To "avre, per ship Screamer, 3,896 Upland and 6 Sea Island
3,902
To Bremen, per ship Ludwig Heyn, 1,813 Upland
per barks

Savannah—I’o Liverpool, per ships L. B. Giilchre«t.
Lennie, 3,051 Upland....Lady Dufferin, 2,806 Upland

Marco Polo, 1,890 Upland
Adolph. 650 Upland
Sabine,
barks Nellie May, 1,940
Liverpool, per brig Sibal, 710

Ophir, 1,329 Upland

To Hamburg, per banc
Texas—To Liveipool, per

Wilmington—To
Boston—To St. John, N. B., per steamers
of Portland, 25

2,493
New Brunswick, 12
City

Philadelphia—To Liverpool, per steamer Illinois,
To Antwerp, per steamer Yaderland, 723

The
are as

follows:

Bre-

723

.

Charleston.
Savannah...
Texas.

Wilmington
..

2,268
.22,246

.20,996
4,438

-

*

♦

*

*

«

500

3,953

3, ISO

2,254

•

*

5,415

•

.

3.513

3,902
•

•

•

•

>

•

•

•

.

O

.

1

5,023
....

2

2.268

....

•

•

•

..

710

....

2:5,759
35.986

•

650

4,438

....

...

37

.

.76,511

....

5,415

....

11,558

....

8,703

....

5,451

Total.

13,901
!,388

2,547

..

1,188
Total.

#

Ant-St.John,

burg.

190

10,064
.14.001

Havre.

Ham-

men.

LiverNew York
New Orieans..,

710
37
1,188

arranged in our usual form,

»
Cork.

5,023
650
4,438

,..108,368

particulareof those shipments,

Boston.

1,188

."

Total

pool.
77,795

2,535 Upland and 28 Sea Island

To Havre,

l

the old interior stocks h&ve increased

190
500
2,547

190

8,058

3,132

8,245

24.000

4 065

..

sight, to¬

CO ss

10,260!

7,866 36,004

To Havre, per steamer Periere,
To Bremen, per steamer Donau,
To Hamburg, per steamers

11,458

O

j

Total bale?.
Zealot, 3,043 . .City of New
York, 1,607... Republic. 1,119 .. Egynt., 2.002 and 277 Sea Island
Pleiades, 2,192
Russia, 335 and 39 Sea Island
10,661

New

9j*d.

1.364

1,320
2,479

-

night of this week.
New York—To Liverpool, per steamers

2,038,423

13,136

2,720

-

from the United States
mail returns, have reached 108,398
ports are concerned, these are the
sameexnorts reported by telegraph,and published in THE CHRON¬
ICLE last Friday, except Galveston, and the figures for that port
With regard to New York,
tre the exports for two weeks back.
we include the manifests of all vessels cleared up to Wednesday

1,235,000
803,423

11,167
2,166

14,474
1,910

|

'

1

Shipping

10,733 bales, and are to-night 22,040 bales more
than at the same peiio 1 last year. The receipts have been 7,293
hales more than the same week last year.
The exports ot cotton this week from New York show a
decrease, as compared with last week, the total reaching 13,901
bales, against 15,534 bales last week. Below wo give our usual

during the week

620

56

....

th6 past week, as per latest
bales. So far as the Southern

405,000

1,940,303

1

Total, all..

216

...

.

469

....

379,000
422, OOG

8^@S#d.
7^d
increase in the cotton in

7,222
6,8837,164
37,881

..

6,078;

803,423

857,865

15,029

...

1,578

5,173

Cotton at the Interior Ports.—Below we
movements of cotton at the interior ports—receipts and
shipments for the week, and stock to-night, and for the corres¬
ponding week of 1873:
/-Week ending Nov. 23, ’74—, /—Week ending Nov. 21, ’73—*
Receipts. Shipments. Stock. Receipts. Shipments. Stock.
c’olumbus

5,609
20,827

218.341

323

2,189

5,418

24.135

32,276!

1

4621

1

.

Total last year.

Movements of

11,733
3,485
3,229

3.789

|

2,198

591

2,604 14.537
2,920 19.594
441
3,613

69,6811

6,759

1,301

..

67,500
14,000

7,563

1

4.878!

"*!

11,327j

600

Foreign

give the

...

11,467

North’rn Porte
Tennessee, &c

222,330 bales as compared with the same date of 1873,
an increase of 124,822 bales as compared with the correspond¬
date of 1872.

Augusta

7,112

This ! Since
• week. (Sept.l.

1,601

487

10,073

691

Sept.l,’74:
BALTIMORE.

Since

1.537

Virginia

night, of
and

1,532

272.509j

1,082,500

bales. 2,163,215

Total visible supply

Uplands,

Savannah
Mobile
Florida
3’th Carolina

34,540

1,193,995

&c

143,02 6

120,297

S.ept.l.

....

....

...

!6,«96j
52,940,

Total this year

960,250

afloat

Total American

Trice Middling

45,500'

633

'

Sept.l.

370.923

131,000
71,000

971

10

13,901

8,188 54,985

242,250

Continental stocks
India afloat for Europe

Total East India,

Sept. 1.

4,552

New Orleans..
Texas

2,038,423

195,000
227,500
160,000
75,000

10

**

This
week.

Since

This
week.

Since

This
week.

425,000

412,000
113,000

London stock

Egypt, Brazil, &c.,

aKCB’TS FROM-

18,000

......

2,712

PHILADELP’lA

BOSTON.

49,000
66,000
236,000

89,897
25,000

stocks...
to-day...

United States interior
United States expoits

500,093

“

15.534

18.9(M

11.535

67,857

American adoat to

616
198

15,061

3,047

••

72,000
91,000
225,000
384,008

146,000

Europe
United States stock

....

837,865

Liverpool stock
Continental stocks

60

....

971

j

67,500
14,009

and other descriptions are as

the totals or American

1,898

....

....

NEW YORK.

370,923

1,940,385

6,260
8,751

....

....

164.000

e

3,981

The following are the receipts of cotton at New
Philadelphia and Baltimore for the last week, and since

236,000
65,000

67,857
18,000

2,751

York.Boston,

225.000

334,006

100

500

2,892

3,309

....

Grand Total

160,000
15,000

3,881

....

2,547'

....

....

....

Total Spain, Ac

34,000

2,751

190

1,800
1,092

800

....

135,362

...

....

••

2,509

471,000

Stock at other continental

•

1,130

Hanover

Bpain.Oporto&Gibraltar&c

59,000

318,500

8,000

•

Total to N. Europe.

383,250
383,250

19,0U0

...

....

1,310

10,000
32,000

Stock at Antwerp

ports

135,362

102,475

10,664

...

....

year.

....

190
....

period
prev’us

102,475

....

12,342

15,595

Hamburg
Other ports

32,005
30,000
32,000

18.500

19,000
29,750
90,500

Britain

Total to Gt.

23,750
15,000
30,000

Stock at Rotterdam

10,684

....

....

9,095

total French

10,500
56,5C0

Marseilles
Stock at Barcelona
at

15,595

••

428,000

195,000

132,500
132,500

Stock at Havre

Stock

497.000

653,00
653,00

stock

Total Great Britain

1872.

540,000
540,000
113,000
113,000

Stock at Liverpool
tt tock at London

1873.

Nov.
18.

12.642

Nov.
4.

Ports

Other British

Total
to
date.

Nov.
11.

r

Oct.
28.'

9,095

Liverpool

in it the

Same

WEEK ENDING

•-

EXPORTED TO

York since Sept.l, 18T4

from New

Exports ot Cotton (bales)

Cable and Tele¬
visible supply, as made up
by cable and telegraph to-night. The continental stocks are the
figurep of last Saturday, but the totals for Great Britain and the
afloat for the Continent are this week’s returns, and consequently
totals the
brought down to Thursday evening; hence to make the of exports
20). we add the item
complete figures for to night (N
exports of Friday

Visible Supply of Cotton as Made
graph.—Below we givb our table of

Kovember 21,1874.

CHRONICLE.

THE

1,911

723

723

710
37

37

108,398

•w

November

533

THE, CHRONICLE.

21, Jb74j

received to date of disasters, &c., to pathy with the downward turn in wheat, which induced buyers
to withdraw, under the conviction that no further advance need
from United States ports :
Darien, str. (Br.), Leighton, which cleared at New Orleans Nov. 11 for Ham*
be apprehended at present. To-day, the market was steady, but
burg, with 2,254 bales cotton, sailed on the 14tb, and on the 15th was
lying at the Magnolia Plantation, 50 miles below New Orleans, with her Bhipping grades only in demand.
cargo on fire, Steam tugs were despatched to her assistance, and she
The wheat market opened this week with great activity and
was towed back to New Orleans 16th, with the cargo smouldering, and
at once commenced discharging; no further danger anticipated ; vessel
buoyancy. The advance in gold and exchange stimulated an ex¬
not. damaged.
Loss on cargo, $1,000 ; 300 bales cotton only damaged by
fire.
port demand, which was favored by exceptionally low rates of
Ponce, str (Span.), from New Orleans for Liverpool, grounded Nov. 11 at the ocean
freights. There was also some speculation mainly on
South West Pass, Miss., but was hauled off and proceeded to sea 12th.
St. Louis, str. (Br.), from New Orleans'for Liverpool, before reported as at
Western account.
A large business was done at $1 10@1 11
Venus Point, below Savannah, with her cargo on fire, compartments
flooded, pumped out, &c., has been discharged, part into lighters, and for No. 2 Chicago, and $1 14@1 16 for No. 2 Milwaukee. But on
all the cargo more or less damaged. An examination held Nov. 12
Wednesday, with higher ocean freights and lower exchange
shows the port side between decks to be badly burned. It is now sup¬
posed that it was iu Ihis locality that the fire first broke out.
shippers could not go on, except at some decline, and No. 2 Mil¬
Vir,LE db Bordeaux (Fr.)—A portion of the cargo from the bark Ville de
waukee sold at $1 13 afloat, and No. 2 Chicago, $1 08 in store
Bordeaux from New Orleans for Havre, wrecked on Colorado Reef, was
taken to Havana Nov. 12.
Winter wheats have met with some demand, but at prices below
Cotton freights the past week have been as follows:
the views of holders. Yesterday, prices fell off to $1 08 for No. 2
-Havre.
-Bremen.
Hamburg.—
Liverpool.—
Steam. Sail.
Steam. Sail.
Steam. Sail,
Steam.
Sail,
Chicago, and $1 12 for No. 2 Milwaukee afloat. The receipts con¬
C
C«
C
c.
d.
d.
tinue small at the West, where confidence remains strong that
Xcomp. .MX
%
Saturday... 5-16®)£
®3s£
MX Kcomp. .MX
X prices will in the course of the season experience a decided ad¬
Monday.... %®7-16 9-32®5-16
#comp. .MX
%
Tuesday... }*@7-16 9-32®5-!6
vance.
Xcomp. .MX
%
To-day, the market was the turn dearer, but very quiet.
Wednesday }£®7-16 9-32®5-l6
MX Xcomp. .MX
X
Thursday... )<®7-16 ....@5-16
Indian corn has been dull and drooping. Holders of lots in
@X ' X
MX %comp.
Friday
?8@7-16 ;...@5-16
store have shown a disposition to close them out, and prime
Liverpool, Nov. 20.~3.30 P. M.—By Cable from Liver
pool.—The market opened quiet and steady, and closed quiet mixed, which sold at 93c. in store on Tuesday, closed at 92c. in
to-day. ' Sales of the day were 14.000 bales, of which 2,000 bales store on Wednesday. Receipts are not particularly largo at any
were for export and speculation.
Of to-day's sales 8,000 bales
point, but the new crop is coming forward more freely, and in
were American.
Thu weekly movement is given as follows :
Oct. 30.
Nov. 6.
Nov. 13.
Nov. 20. unusually good condition for so early in the season, supplying the
Sales of the week
bales.
69,000
105,000 home demand, and yet not to be held for speculation. Yesterday,
90,000
78,000
of which exporters took
9,000
9,000
8,000
12,000
of which speculators took....
2.000
13,000 there was a further decline to 91^c. for old mixed afloat, and
3,000
4,000
Total stock
588,000
588.000
557,000
540,000
of which American
149,000
150,000
138,000
128,0#0 80@85c. for new do., with some of the better conditioned of the
Total import of the week
32,000
76.000
56,000
74,000 new taken for export. To-day, there was a limited business at
of which American
12,000
36,000
26,000
29,000
Actual export
7.000
9,000
9,000
11,000 83084c. for prime new mixed, and 89(291 c. for old do. in store
Below

we

give all

news

vessels carrying cotton

„

•

•

.

.

295,000

351,000

144,000

356,000

198,000

317,000

116 000

242 000

Amount afloat
of which American
The following table will
Satur.

show the daily closing prices of cotton for the week:
Mon.
Tues. • Wednes.
Thurs.
Fri

Mid’g Uplands 7%®7%

...@7&

do

Orleans. 8X@8X

...<&7X

...<&7X
...®8X

...@7*

...®8X

...@SX

•

...®7*

correspondent in London, writing under the date of Nov

7, 1874, Btates:

Liverpool, Nov. 5.—The following are the prices of middling
qualities of cotton, compared with those of last year:
r-Fair A
^-Good A
Same date 1873Ord.&Mid—»
g’d fair-,
Fine.—»
Mid. Fair. Good.
19
22
22
18
21
26
38
Sea Island
16
24
18
19
Florida do
15
17#
20
16%
18
Mid. G.Mid.
Mid.F. Mid. G.Mid.
Ord. G.Ord. L.Mid.
7 7-16
7 11--16 7 15-115 8*
8X
8%
7X
Upland... 6%
8 9-16 8X
8 1-16 8*
Mobile.... 6%
7X
7%
1%
9
9
8 3-16 8#
N.O& Tex 6X
9*
VA
7%

Since the commencement ol the year
lation and for export have been :

1
)

Taken
1874.
bales.

>

on

spec, to
1873.
bales.

1)

282,550

11,521
251,397

9,990
29,270
412,600

624,120

Ac. 89,210

12,160
2,150
78,870

303,060

279,910

W.

India, &c.

E. India

Tot..l

The

398.135

316,395

591,490

lor

12,700

2,670

-Actual exp. from
Actual
Liv„ Hal 1 A other exp’tfrom
to date—.
U.K.in
outports
M'l
1873.
1874.
bales.
balef.
bales.

96,834
15,431
9,478
14,578
180,074

174,030

Einptian, &c. 15,610
l
3
10

1872.
bales.

91,423
32,746

209.010
92,290

American..;. 176,220
Brazilian...
19 350

7

this date—,

the transactions on specu¬

11.048

35.540
4.730

120,750
18,880

following statement shows the sales and imports of cotton

the week aud year,

and also the stocks on hand, on Thursday

Barley shows

Aiuc.ican. .bales.33.480

12.880

Egyptian..
7,400
Smyrna A Greek | .

WestJndinn.... ) 1
East Indian....
12,030
Total

DESCRIPTIONS*
Same
,
Total

1,040
2,260

1878.

1,100 35,620 1,731,570 1,733,990
404,750
15,140 424,940
8,360

880

100

year.

The

and 63^c. bid afloat; but the close dull.
following are the closing quotations :
Flour.

SuperfineStateandWestern

Extra State, &c
Western Spring

67,320

Thi6
week.
American

Brazilian

...

Egyptian
-

37
188
723

.

20

550

|18,500
2,080

254,890
3,660
88,690

885,820

236,850

34,420
8,320
5,470

1878.
34.110

8,350
5,260

15,030)
1,989
1,500
109,210 f
749,420 11,840 10,840

5,190

1,280

9,264

3,260 79,720 3,389,576 3,249,250 61,550

To this To this
date
date
1874.
1873.

35,7551,611,120 1.612,205
9,590 437,093 410,558
10,832 208,891
209,524
2.364

Smyrna & Gr’k
W. Indian
East Indian...

5,202
15,137

15,744

79.318

92,040
727,404

759,836

Total.
1873.

1,871,991
468,070
309,739
16,102
113,041

757,608

60,540

-Stocks.Same
This
date
Dec. 81.
1878.
1878.
day.
8-4.850
14,896
149,910

101,100
36,460
1,190
25,710
273,700

59,320

24,420
4,880 )
11,700 f
34.375

22,130
281.800

76,496 3,098,622 8,067,475

3,536,546

588,070

529,000

592,860

BREADSTUF FS.

'TO,

Friday P. M..

,208

,759
.980

,438
710
37

,911

1,398

November 20, 1874

buoyancy in the market for flour
The local trade, as well as ship¬
pers, bought with unusual freedom, and prices showed an irre¬
gular advance. The most conspicuous fe ature of the business
was in Wisconsin and Minnesota shipping extras, of which about
25,0U0 bbls. sold in the two days at $5 15(25 25, with considerable
lines of extra State at $5(25 10. Tuesday, though fairly active,
was less buoyant, and Wednesday developed weakness in symThere

great activity and
during Saturday and Monday.
was




j Wheat—No.3"spring,bush.$1 04® 1 06
No. 2spring..
1 08® 1
No. 1

City shipping extras. ..
City trade and family

White Western
Yellow Western

Southern, white
Rye

1
7 00® 8 25 I

rally Drands

superfine......

4 25® 4 75
5 00® 5 10

Corn meal—Western, &t.
Corn meal—Br’wine. Ac.

White

66®
1 35®

Jan

1

State
1 Peas—Canada

Since
Jan.
1

3*

.

.

Oats

1 55®
1 86®
1 12® 1 80

|

Floor, bbls. 106,2f
3,540,857 3.0SM38
C. meal, “
2,400
156,234
196,767
Wheat, bus. 758,051 88,530,161 29,552,448
294,653 27,579,968 23,513,385
Corn,
933,010
569,339
Rye,
” . 32,635

•Barley “

08®

65®

market has been as fol-

-EXPORTS PROM NEW YORK.

RECEIPTS AT NEW YORK.

wppk

®
96®

—

Mixed

The movement in breadstuffs at this
lows:
,

85®

84®

5 50® 6 50 | Barley—Western
5 40® 5 80 I
Canada W'est

Southern shipp’g extras..

82®

—

7 50 I Oats—Black

6 00®

brands
Sonthei n bakers’ and fa

1 18®
1 25®
1 27®

Corn-Western mixed, old

8 00
5 65

5 50®
5 10®

1 17®

spring

Red Western
Amber do
White

4 80® 5 20
5 40® 9 00

do XX and XXX
do winter wheat Xand
XX

190,734 2,086,474 2,139,474
191,761 9,784,744 10,282,371

,

1874.
For the

week.
44 238

4,356

<

Since
Jan. 1.

1,935,822
160,009

402,245 32.551,006
168,193 17,644,125
40,164
624.629

1873.
For the
Since
week.
Jan. 1.

41.324

1.889,815

1.978

100 485

880,429 24,142,180
698,616 13,845.183
.

958,472
40,048

..

3.000

7,825

116,207

350

35,862

Receipts at New York” Includes also malt.
following tables show the Grain in sight and the move¬
ment of Breadstuffs to the latest mail dat<*s:
receipts at lake and river ports for the week ending
NOV. 14, AND FROM AUG. 1 TO NOV. 14.
In “

The

Chicago...

...

.

.

Wheat
Flour,
busb.
bbls.
<196 lbs.) (601be.)
325.77C
37,264

Oats.
bush.

2,650*
38,419

235,757
30,242

131,089
22,440

148,869

14,717

Detroit
Cleveland
St. Louis..
Peoria
Duluth

Ryebush,
(56 lbs.) (821b*.) (4Rlbe.) (56 lbs.)
Corn.
bush.

468,249

Milwaukee
Toledo,,,

TT,

Total

,901
,888

Wheat

62,510
77,83)

3S8

tal.

4 10® 4 50
4 95®5 12%

extras

Rye flour,

Grain.

i

$ bbi. $3 40® 3 85

No. 2

Average
1874.

55, but latterly has been

in store,

1874.
>
For the
Since

period weekly sales.

this

Imports.323
>50
138
no

further advance, with sales of Canada West at

without speculative buoyancy, and the cIobh quiet.
Oats wero active early in the week at 66®67c. for No. 2 Chicago
in store and afloat, but with the subsidence of speculation the
market became depressed, and yesterday a load sold in store
at 65c.
To-day, the market was firmer at 654o. for prime mixed

•

I9ij

a

,

Sales this week.
Ex- SpeculaTrade. port
tion. Total.

Brazilian

of 96(298c., closing with 97c. bid for prime boat¬

$1 C0@1 62, and choice State $1 52(21

evening last:
SALES, ETC., or ALL

boat-loads having sold

Rye has been much more active, several
in the range
loads.

8X&8X 8tf@8*

European Cotton Markets.—In reference to these markets
our

and afloat.

325.534

28.687

159,279

8,055
34,050
121,025
37.140

20,750

Barley.
bush,
94,812

37,430

9,576

3.920

350

11,983

3,328

14,300

18,250
24.808

4,022

14,400

7,700

791.803
350,280 193,378
129,764 1,485,764
329,295 2’3,C6U
6:4,891
139.910 1,312,242
: »
419.299
586.004
Corresp’ng week,’78. 129.918 1,594,183
533,255 279,987
689.043
’72.
142,241 1,253.264
472,445 139,108
751,057 1,228.337
M. 123,892
“
279.066 125,929
453,840
’70. 153.486 1,100,752
281,372 239,480
150,252
’69
146.575 1.249,698
Total Aug. 1 to date. 1,818.611 28,722,313 15.052.958 10.100,890 3,100,862
Same time 1873-74.
1,919,220 34,382,406 24.248,736 10,097,8 ft *,843.068
Same time 1872-73.. 1.851.G19 86,069.223 24,408.111 9,798.242 5,201.810

25,218
29,144
26,657
40,470
38.075
33,794

850

2,500*

124,899
16,850
21,107

95,281
46,500

Total

Previou s week

“

Same time
•

1871-72’.', 2*109,259 26,473,440 18,510,932 18,355,609 4,006,386

Estimated.

25,624
508.056
805,035
821,606

1,753,995

[November 21, 1874,

THE CHRONICLE

534
Shipments of

Domestic Cotton

the ports of Chicago,

Flour and Grain from

Detroit, Cleveland, St Louis, Peoria and
ending Nov. 14, 1874, and from January

Milwaukee, Toledo,

sheetings

Goods.-—The market for brown

active, and with the lessened production stocks
have been reduced to more controllable dimensions, and the
market rules firmer.
Bleached goods continae to droop some¬
has been

Duluth, for the week
1 to Nov. 14:

more

Rye.
what, although the accumulations of stock are working off, and
11,767 buyers are taking out considerable invoices of the better makes.
1.124.197
916.458
310,191 165,915
1,151.437
6.542
766 616
317,630 170,199
1,322.630 1,182,637
359.859 107,492
13,809 There has been some trade in brown drills, mostly for home use,
1,023.019 1,051,551
27,250 while blue goods are selling only in a limited way for foreign
438.815 302.504
(169,817 1,174,677
594.967 128,922
48,035
1,131,106
389 129
293,757
44,262 52,599 shipment. Canton flannels have sold more freely since the redac¬
57,091 531 43,286,185 15,729,476 2.677.279 2.873,450 tion noted in our last, and the entire list is quoted steady at a
5.578,268 51,509,315 48,069,647 20 348,610 3.560,547 1,279,898
Same tune 1873
Same time 1872
4,083.838 28.211.514 64,913,683 17,744,500 5,069,032 1,133,019 decline. The print trade seems to be reviving somewhat, and
4,047,239 35,343,290 46,410,820 16,041,938 3,055.530 1,334,491
Same time 1871
the principal makes sell freely in good effects. The run is mainly
RECEIPTS OF FLOUR AND GRAIN AT SEABOARD PORTS FOR TUB
on novelties, and the competition for trade has resulted in the
WEEK ENDING NOV. 14, AND FROM JAN. 1 TO NOV. 14.
introduction of many fine styles by the different corporations.
Rye,
Barley,
Oats,
Corn,
Flour, Wheat,
bush.
bush.
bush.
bush.
Colored cottons are not materially changed, and continue quiet.
bush.
bbls.
At—
32,635
62,511
618.243
211.129
215,721
109,873
New York.
Rolled jaconets are firmer, and an early advance on all makes is
23,602
25,825
8,548
59,710
63,517
3,000
800
19,200
11,348
expected. There is some demand for cottonades for clothiers’
4,882
9,000
18,770
19,415
Montreal....
27,105
1,500 uses, but at rather low figures.
60,900
125,500
44,200
24 430
86,800
Philadelphia.
500
30.206
19,500
73,824
28,922
Domestic Woolen Goods.—By dint of much pressure and
4,896
12,660
16,035
Flour,

Wheat,
bush.

bbls.
Weekending—
129.41t
Nov. 14, 1874..
98,818
Nov. 7, 1874
Corresp’ng week 1873 131,016
Corresp’ng week 187* 152.200
86.869
Corresp’ng week 1871
Corresp’ng week 1870 117,766
Total Jan. to date.,.. 5.071,965

Corn,

Oats,

>

bnsh.

hush.

Barley,

bnsb.

bush.

•

•

•

•

....

....

•

281,285

807.603

237.752
284.327

Previous week

-

•

...

....

1,005,057

....

335,842

219,495

84,635

425,3)3

395,875
501,492

290,593
312,364
277,182
250,125*
188,552

34,011
11,525

7.6,589

673,851
1,74,420
642,270
1,243,301
1,249,091 1,024,574
766.447
264,144 1,396,685

597.169

270,294
*73,021

18,358

prices to a very low point, agentB for heavy
goods have succeeded in effecting considerable sales of
medium and lower grades, of which the accumulated stocks

the reduction of

woolen
the

mainly consisted. The finer grades of cassimeres and suitings
continue to sell fairly to the tailoring trade, and are well sold up.
Total Jan. 1 to date..9,418.879 56.562,995 47,137,294 18,151,643 2,449.105 866.632
Same time 1873
8.382,810 43.773,641 44,927,241 20,285.102 2.791.241 1403,077 Overcoatings in chinchillas and fine fur beavers are selling fairly
Same time 1872
6,6"5,415 20,805,515 66,909 812 20.279.106 3,873,614 483 614 and are pretty firmly held.
Same time 1«71
8,106,915 38,639,909 39,129,682 19,199,908 2,918,199 1146,365
Worsted dress goods are selling in a limited jobbing way, with
The Visible Supply of Grain, including the stocks m
no change in rates.
Shawls have been quiet, and the agents for
granary at tho principal points of accumulation at lake and
lines of woolen and worsted makes that have accumulated are
seaboard ports, in transit by rail, on the Lakes and on the New
York canals, was, on Nov. 14,1874:
preparing to reduce their stocks by moving them through the

Week Oct.

610,837

336,033

Oats,

19,836
6,592

Barley,

Wheat

In store at New York
In store at Albany
In store at Buffalo...
In store at Chicago
In store at Milwaukee
In store at Duluth
In store at Toledo
In store at Detroit
In store at Oswego*
In store at St. Louis
In store at Peoria
In store at Boston
In store at Toronto. 7th
In store at Montreal
In store at Philadelphia*
In store at Baltimore
Lake shipments

bush.

bush.

busb.

2,752,654

.

Corn,

bush.

1,635,908

1,009.816

118,270
376,000

315,466
315,466

3,000
160.279
493.114

191.931

6,531

41,500

992,387
992,387

.

1G7.U00

18,976
276,278
37,002

auction houses.
Foreign

115,087

250,321
60,440

5,868
440,164
440,16 4
262,6.30
262,630

282,995

50,000

61,523
112,000

686,134
686,134
38,012

26,596
45,725

70,875

93,846

38.123

2.761

48.348
57.478

24,051

302,413

28,963

218,313
195,000

17,000

3.459

140,000

60.000

2,526
120,000

232.202

80,857

30,000

10.000

951,899
951,899
169,238
169,238

505,251
411,207
409,800

212,793
97,393
335,000

110,373
490,210

Total
9,834,524 4,388,809
Total in store & in transit Nov. 7, ’74 10,615,153 5,183,394

2.808,919
2,947,491

2,8G9,154

line of foreign fabrics, though dress fabrics suited to the
holiday demand are meeting moderate sale* and are firmly held
There is a limited trade in. general lines through the auction
houses, and stocks in first hands are beirjg well reduced, but not
at very remunerative prices.
Silks sell fairly in a jobbing way.
Linen goods are quiet, and white goods are dull, as is usual a^
this period of the year.
The importations of dry goods at this, port for the week ending
Nov. 19, 1874, and the corresponding weeks of 1873 and 1872

1,913,407
1,495,440
1,242,189
949,906
2,035,457

750,000

.

.

.

.

-

.

.

Rail shipments
On N.Y. Canals

31.445
115 000

.

.

1,451,430

....

.

“

Oct.

“

“

“

“

Oct. 24, ’74 10,226,719 4,915,795
Oct. 17, ’74 11.102, *59 5,503,133
Oct 10, ’7410,588,f>98 5,787,814

“

“

“

“

“

.

cor.

121,650
18,106

81,74 10,246,106 4,684,619

week, ’73 8,470,351 8,988,427

2,864,246
2,798,644
2,867,817

5,844.271

2,022

379,519

55,542

Goods.—There is only a limited business doing in

any

2,389,403

.

.

....

quiet, without change to note.

Flannels and blankets are

have been as

ENTERED FOR

2,351 817

1874, was as fol¬
Milwaukee,
2,594; Oswego,* 8,000; St. Louis, 14,057; Peoria, 35.451; Boston, 1,491; Tor¬
onto, 7th. 1,045; Philadelphia,* 6,000; Baltimore, 2,500; lake shipments, 750,
rail shipments, 11,017; on New York canals, 30,000—total, 176,739 bush.

The visible supply of rye at the principal points, Nov. 14.
lows: New York, 15.923 bu9h ; Albany, 4,000; Chicago, 43,909;

follows

:

CONSUMPTION FOR THE WEEK ENDING NOVEMBER 19, 1874.
1872

1874

1873

,

Value.

Pkgs.

Pkgs.
340

goods. 204

185,4,54
161.839
15,4,883
97,799

408
178
826
306

112,354
99,525
75,791
94,123

2,444

$794,810

2,058

$502,756

Manufactures of wool....

$191,855

488

cotton..
silk
dax

824
222

do
do
do

Miscellaneous dry
Total
WITHDRAWN FROM

Pkgs,

Value.
$120,961

706

566
667
715
61*

,

Value.
$229,042
168.891

379,989
133,524

950

122,289

3,510 $1,033,735

WAREHOU8R AND THROWN INTO THE MARKET DURING THE
SAMS PEBIOD.

*

Estimated

Manufactures of

THE DRY GOODS TRADE.
Friday, P. M., Nov. 20, 1874.

There has been
last report,
from

some

a

little

more

business in the market since our

growing out of a disposition manifested by buyers
more remote sections of the interior to anticipate

of the

The Pacific Coast and other far
buyers are availing themselves of the
present low prices for goods and the reduced rates for freight to
lay in supplies and get them home. These conditions are cer¬
tainly very favorable, and as the railroad companies seem to be
working toward higher freight rates, while the prices of goods

their future

do
do
do

cotton.,
silk...,.
flax

Miscellaneous dry goods.
Total

56,199
84,166
99,431
24.821

1.615

...

Total thrown upon m’k’t.

$475,641
794,810

4,059 $1,270,451

$165,448

490
490
210
82
423
237

$205,570

1,442

$465,220
502,756

1,156

$326,410

3.510

1,033,735

$967,976

4,666

$261,024

Addent’dforconsumpt’n 2,444

•

•

2,058
3,500

383
383
171
40
40
2:34
2:34
328
328

61.557

80,757
102,032
15,804
15,304

52,538
34.589
55.285

18,550

ENTERED FOB WAREHOUSING DURING SAME PERIOD

requirements.

Western and Northwestern

49*
168
74
409
470

wool....

Manufactures of

wool
silk

do

flax

599

76,790
121,893

205
1,277

15,386

187

34,883
30,607
10,636

29,043

338

1,223

$431,280

2,606

794,810

2,058

152
46

32

111

$720,666

Addent’dforconsumpt n 2,444

502,756

Total

; $55,733
61,253

106

113.742
162.225
160,622

51,525

goods. 107

Miscellaneous dry

138

$255,034

$165 686

391

182
87
461

cotton..

do
do

liable to turn in favor cf the seller

$193,412

3,510

1,033,735

by the opening of the
Total entered ai the port. 3,672 $1,226,090
4,664 $1,223,422
3,964 $1,227,147
year, there would seem to be every inducement for buyers to
\Ve annex a few particulars of leading articles of domestic
operate freely now. if their financial condition will admit. The
manufacture, our prices quoted being those of leading jobbers:
jobbing trade has been fair, and the sales of all fabrics in a
Cotton Sail Duck.
jobbing way are sufficiently free to indicate a very fair retail
Ontario and Woodberry
26
movement in all sections.
We have had so much warm weather Woodherrv and Druid No. 8
No. 9
24
USA Standard
in.
Mills.
of late that the sale of fall fabric3 has been checked to some No. 0
do
No. 10
8 oz. 22
22
42
do
9 oz.
24
40
extent, but there is a pretty fair trade generally, and the retail No, 1
do
10 oz. 26
No. 2....
38
Light duck—
do
12 oz. 81
Bear (8oz.) 29 in.. 18
dealers have found it necessary to come into the market for fre¬ No. 3
36
are

new

quent assortments. No new developments of importance, bearing

the financial condition of the trade, have come to light, and
seems to be no reason for fearing any further troubles.
There are likely to be an unusual number of changes in the
personnel of the prominent jobbing firms on the first of the new
year, but as yet there are so few definitely announced that we
refrain from giving the particulars, which might prove to be only

upon
there

rumors.




do heavy(9oz.)...
Mont.Ravens 29in.
do
40in.

34

No, 4
No 5
No. 6
No 7.

82
30

Empress 6 to 12...

27
27

Pendleton

28
Li. L

do

..

21

20
23

do
15 oz. 38
Ontario Twls, 29in. 18
do
36in. 23
Ex twlswP»lhem’s” 13

Cotton Yarns.

I

Sargeant 6 to 12.,
| Fontenoy do ..

27

IX L
XXX

18

Union

26

6 to 12
do

27
28

Checks.
Caledonia,No.7..

13

r'olnTnVvi*. No. 70

19

Fv.&M1ii,Ng.5

13

Jas. Long,

No,10

m

Lewiston A
Kennebeck
Nolan’s extra
Park Mills,NO.50

No.50

do

13

20
22M

No.76

18*

Mills,No.18

do

York I....

.

17

dLivji&tMULki iLiii
»

ifif.

a

lu .Ufa

7

UNw*th

■

<i£KERlL

i /

FRIGES ) 1CURRENT.
.d'i
t
‘ i
i i.S
t

.

$

i

V

■

.

i
i

t
»

_

S
*

v

t

;

.. y

^

1
i.V

J

,

'..t?

..
V1 i

v f '

i .V 4:^

*

B READST 0 FF8~Bee»pecial report.

28 (0

Philadelphia
Cement— Rosendaie
Lime— Rockland, common...........

110

1 60
25 30

Rockland, finishing.

Lumber—Soother a pine

9 7 75
9 14 00
<3 82 0(1
9 1 SO
9 1 85
9 1 35
® 85 00

Corrientes,

6 00
« 00
11

Sdflne.
Cut spikes,

all sizes..... iw -* .v. /U .
/totals—Lead, white, Am, pure, in oil
Lead,wh., Amer., pure dry
Bine, wh.,Amer. dry. No. 1
Zinc, wh., Amer..No. 1. In oil
.Paris white. English; prime gold;..
BUTTER— (Wholesale Prices)—

23
23
19
19

;»V

■

838'

gold.

and baga
Native Ceylon

gold.

»or“-

h «•** aa• a

•

•

1«*9
18

9

19*

9

33
81
33

32

®
9
9

22*

...9
19 9
28 9

„

®

4

Chlorate

4I.*
Cochineal, Honduras ?«*••»-••••
□ochtneaT,Mexicaii.••
Cream tartar....
“
Cubebs, East India
.
,

Outch.•.

Gambler.
Glnaenir. Western-.

gold.
*

16
2 55

Ginseng,Southern

.

"

-

good A fine ...........gold.
Licorice paste, Calabria
Licorice naate. Sicily
•
gold
Madder, Dutch
Lac dve,

Madder,French.
NutgtiUg.blue Aleppo

5*

5*9

1 70
•

(66 degrees)

Opium,Turkey.ln bond........gold. 7

14
14
a
50

•

Shellac.. • U

■

•*..........i,

2 25

ordinary togood
gold
lead, white........;..;

■ »

Rivet.....
fruit—
Raisins, Seeaiess
North

do
do
lo
do

,fl

...

2*

Layer, new

Bnftana,

Valencia, new...
Loose Muscatel, new

2 35

19*
9k

Prunes.Turkiah, new
do
French
Dates

Finn, new, drums
Canton Ginger...

...
16*9
Vcase.4 7 25 9
cur.
24*9
'*
14 ®

Heroines,« hi. box.

Strdlner, # nr nox
Macaroni. Italian.;...
Lemons, Malaga ............ ......
do
Pa emo aad Mesaina
Domestic Dried—

H.*9
5 00 9
4 00 ®

v

Annies. Southern, sliced, new...,;.
do
“
quarters, new...
do
Sta^e,sUc**!
.
Western, quarters
do
. -

Peaches, pared Ga,goo lAprlme.new
N.C , good to PTime
do ■
do
do l unpared. halves and qrs...
Blackberries, nbw...'.
c....
.

*

7*9

6 9
7*9
7 9
, 25. 9
27 9

8

t

RaspbeiTies,iiew..;-...;.C....:
Cherries, pitted, new...

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

Plums
niTNNTRR.—ane repfirt under Cotton.
GUNPOWDER^•: rw

Shipping » 25 n keg
Mining & Blasting...




<*

9*%
33 9
27 9
@

-

.

7 50
26
,

*

..

'[

,

r T

00
OO
00
00

do
do grocery
Barbadoes
Demerara.........

•

•

•

....

American blister
American cast, Tool
American cast spring....;

9 42 00

-

“

15

12*
6 01
6 00
«

9

s*
i*
29

9*

34''
24
20

O* n. -»x

9 3 *0
9 8 00

-

.

....
....

pale;
extra

do
Pecans

„

25

‘

12*

42*
18

®

cnr.

3 65 ® 15
8 75 9 5
8 45. ® 8

00

50

3 00

9

55
8 25

2 00

9

2 02*

**

F®

quality....

spring

%

prime, refining....
fair to good grocery
pr. tochoice grocery.
centr.bhds. A bxs, No. 8918..
Molasses, hbds A bxs. ....

2
2

pale

®
®

to

62*®

4 50
6 50

9
9

29*
t>9

29

li

...

9

®
9

...

Tennepsee. nominal
Wilmington, n«w do
Virginia, new do.

1 75 9
1 40 9

Languedoc

81
86

21 9
29 9
9

Ivlca
Shelled.
Princess
F bbl.
Hickory nuts
Chestnuts.,.,’........ ^»».«.per bush.

6 (K) 9
W

best quality...F B>.

46
15

.

Yellow
do
Ollier Yellow
TALLOW*—
Prime city, * F
Western,F F ...

Uyson, Common

195
1 08

bleached winter..

do

....gold 46 00

....cnr. 46 50

Western

-

do
do
do

*

in
10
1 65
1 90
1 70

bbls

.Fbbl. 20 00
16 (0
“

Pork mess
Pork, extra prime
Pork, prime mess
•

18
10
11
21

“
"
“

Beef, plain mess, new
Beef, extra mess, new
»■••».*•• • •• • •

H;ms.smoked..
Lard,steam.., . .. . ......v.
RICE—
t’erolina, fair to choice

F

Sup.to fine

Ex. fine to finest

Cboicent

j

81

do

7

SALT—.;. ; £> i.
i
»
'
Turks Island
Sr. Martin’s
..
Llvarooo1 .various sorts

SALTPETRE—
Refined, pure
Crude

Nitrate soda...,,,,,

„

9

English

I.

Plates.char.terne
TOBACCOKentucky lugs, heavy.

1 12

Seed

k

*

leaf,

gold. 2 77 «
-

7 9

30

F»
gold

“

6*
Aw

10*
21 00

9

1 65

9

13*
8

7X

19*9
..

9

2K9

3?*
2 65
14

!*

<

unwashed

unwashed

to

56
54
65
45
40

®
9
®

9
9
9

9

to

to
to
9

V F,gold,net
stxaw.—.

To Livxbpool:

F F.
Cotton
«... Fbbl.
Flonr
Heavy goods. .F ton.

Corn.b’ik A bgs. F hi.
Wheat, bulk A

52

S3
82
15

gold.

Smyrna, unwashed

9

32*9
••

FREIGHT 8-

bags..

Beet

Potk..,......... Fbbl.

55
8

9
9
9
9
9

27
23
3!

unwashed

ZSheet

80

47
43
M
40
83

FF

I A 2

Texas, fine
Texas, medium

85
50

28

bright work

Good Hope,

1-00

85
7
18
80
22

filler*..’73.

American, Comb in g
ExtraJ’uUed
No.t,Pnll«<i
California. Spring Clip-

Cape

4d
75

13
21

Pennsylvania wrrappefs. "72
Havana, com.to fine..*...
Mannfac’d, In“bond, black work

Common
South Am.Merino

85
28

83

Conn, A Mass,

Fine.

9

13*9

.

leaf—Connecticut wrappers*78

WOOL- rj__
American XX..
Americfth. No?.

45

25
2’*
21*
9 87*
8 75

Medlnm

....

9

85

F sack.

5 1-16

9
to
to
to
«

11*9

4i

*•

22

....to
....»
....to
9 50 9
8 50 9

Banca

Plates.T.C.charcoal

75
65

J*
80

60

Straits

4!

1 10

85
1 20
45
60
85
1 25
85
55
75

9
to

65
26
85
55 9
85 9
25 9
8H 9

do
Superior to fine
do
Kx fine to finest...
do
Choicest..
1
Bone. A Cong.. Com. to fair
do
8up’rto fine.,
do
Bx. fine to finest

9*

9 K 00
® 19 75
to 11 (0
9 13 00
® 23 rc

6* to
„

.

f

7 00
8 00

to

58

26
Nominal.

87

Oolong,Common to talr^.........

j

....

to

9
9
9
9

28
40
60
20
24

....

Snp’rtoflne
Ex. fine to finest

no

9 46 50
9

14*®

....

-

in bond...

50
00
50
00
13

....

Skin. A Twan. com. vo fair.
do
Sup.to fine
do
Ex fine to finest
Uncotored Japan,Coin.to lair

“

to

1(5

#

9
9
9
9
9

do
do

21*
21*
21*

*f

75
40
65
1 P5
36
50
65

Pyson

1 27*
80

5 to
8 to
10* to
e

Crude In shipping order.......
Refined, standard white..

«...

Imperial. Com to fair
Sun. to fine
i.o
do
Extrafinetoflnest

13*
11*

8*

28
40
60

..cur.

Choicest,

••

PETROLKITMCrnde, in bulk

to fair

Qunpowder. Com to fatr

to

9
9

8*9

8*9

-

7 25

9

®
9
9

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

.......

Superior to fire
do
do
Extrs fine to finest
do
Choicest
Young Qyson.Conu. to fair
8uper.to fine
do
do
Ex. fine to finest

5 50

.

centrif...

TEA-

48

79. 9
41 1 to
80 ®

FF

do
grannlated
do
cut loaf
Soft white, A standard
off A
do
do
White extra C

2 75
2 50
36
2 37
4 00
2 75

7*to

Louisiana
Rangoon,

Manila

Defined—Hard, crushed
Hard, powdered

®
9

} Tatyagona............,.4

Naphtha. City,
PROVI8IOH8—

Brazil, bags. D. S. Nos 9«11
Java, do. D.8., Nob. 10tol2

86*

rap
9

Naples.!..-.

Cotton seed, crude
Olive, in ca*ks F gall.

do
do
do
Porto Rico.refining.com topHme.
do
grocery, fair to choice..

30

8

...

«...

do H918.,........
do 16018
do
white
.

do
do
do

-

do

10*

Bordeaux

OAKUM, navy to
OILS—

do

8X

11

Grenoble

do
-4o

Uav’a,Box,D. 8. Nos. .®9 ...
do
do
do 10tol2

9

35*®
80 ®

■' 3 00

No.l...
No, 4,1

Walnuts,
do'

Patna

H

do
do
do
do

67
2 50

-

r< •
.

UK

1 17*9
1 10 9
12 9
40 9

SUGAR—
Cubit, inf.to com. refining
do fair to good Cefltatng.........

6 80
6 85

F gal.

NUTS— «>' A *1 /■ 5 t
Filberts, Sicily
Barcelona
no
Brazil nuts

-

26*’

American machinery...
American German

9130 00

grades,

? gall.
fifftll
Spirits turpentine. «*•»*••» •
Rosin com. to good strain’d F Dbl

•«

liquors—Cash.

English German,2d A 1st

9 28 00
to 26 00
9 26 00

42
88
43
50
48
55
60

Tar, Washington.
Tar, Wilmington
Pitch, city........

**

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

8TEKL—
English, cast,2d At it qnality
English, sprlng.2d AUt quality
EngBah blister, 2d A 1st quality
English machinery

•

•

97 50 ®155 00

N.Orleani, new...*
NAVAL STORES*-

“

9

t

•

•

Store Prices,
140 00 tout (0
90 00

"

(88 per ct) C. & W
Whiskey.....

•

.9

**

A Icohol

,

-mt♦.—* •

City,bar eled

20”

and layers.....

...

Lard oil. Winter
on. CAKE—

««
33*
12*
17*

.•••.•

•

F gall.

Brandy, foreign brands
Rum—Jam., 4tb proof
St. Croix, 3d proof

45
21
15

27*

gold.——%

SPIRIT8—

Gin
Domestic

21*

1131
9

•••»•••••••

••••

a

.

13*
16*
13*
12*

Cuba, clayed
Luba, centrifugal and mixed
Cabs, Muscovado, refining grades

Sperm,

in*

33 4
12*®
18 9

Leghorn

26
55
24
nominal 37
...

Linseed, casks and bbls...

8 85

6*9

Currants, new
Citron,

v

•

Menhaden, prime L. I. Sound
Neatstoot..........
70
Whale, bleached winter.
Whale, N or them,....
Sperm, crude
165

5 90
2 SO
16

8 70

Cloves
do
stems

11
12

9
.to
to

1 W*
6*

j;k1

Pimento, Jamaica

' 13

'

da

17

....9
9

n»w

•

do
do
do

JS*

....9
....9

•

to

Mel ado

A’monds,

82
1 62
2 50
1 25

15

•

...

Peanuts.

* 6 25
Mackerel, No. 1, shore, new... ...... 18 00 9 14 00
Mackerel, No. 1, Bhy,new.
11 0) 9 H 50
Maekera|,No. 2, ahore, new
r 10 06 A !0 50
9 50 @ 10 00
Mackerel, No. 2, Bay, new
FLAX—

••••••

®

57
24

Mace .....;
Niitroegs, Batavia and Penang......

18*

9
&

33
15
12

Ordinary foreign
V 100 lbs, gold 6 75 9
Domestic..>4
“
..>.9
Bar, sheet ftplpe. discount 10 f( cent
.... ®
LEATHERHemlock.Buen, A’res, h.,ra.&l
26*9
**
California, h., m. A L
25*®
“
comm’n blde.h., m. & 1
25 9
***•
rough....
27 9
Slaughter crop
33 9
Oak. rongh..
...r.
23 9
Texas, crop
32 9
M0LA88ES—

•

5 75

George** and new Grand Bank cod

F

6 80

gold

Singapore

Calcutta

do

LEAD-

7
15

19*9
9*9

Vitriol, blne.common

.F

5(0
5 00

c

Sheet, Russia, as to assort, f-.. .gold.k
15 9
15*
Sheet, single, double & treble.com.
5
4*9
Ralls,new, English.
gold .... 9 48 00
cnr. 50 00 9 55 00
do new. American
do steel, foreign
gold .... 9 90 00
do
do American
cur
9 80 00

8*

9

•

•

•

Scroll
Hoop.......

86*

potash,yellow.v 8fc 9

•

5 50

®

white
UaBttla, China Lignea
do - Batavia.,
Ginger African

^

iU

>

Bar,Swedes,ordinary sizes

,28

®
9
9

Quicksilver
..........gold. .1 60 9
Quinine
cnr." SO '
9
Rhubarb, China,good to pr....F Jfc.
Sal soda, Newcastle............gold

.

•

16

6*9
6*9

**

•

•

6 25

to

do. ~

i«‘

Porto Rico

® 36 00
3
...9
25
24*9
T7 to '
87*3 5 00
21
46
57
45
'49 9
....9
86*
8 9
9
6
5 k to.

....9
....to
....9
....9
29 ®
29
25 ®

cur.

;•* ;•*

la

*

do/'

' 16-

9
9

....

......

.,.

2*

,

Ctmphor, refined
Castor oil. E.K In bond, F gal..gold.
Caustic soda
**

^

Pig, American, No.2. *
Pig, American, Forge
Pig, Scotch

23
82

« 00

.

Brimstone, Am. roll

OH vitriol

15*9

2 50

v

IRON-4
Pig, American, No.l

.....9,
£*
4 87*® ‘ 4 95

,

'

66

9

cnr.

Pepper, Sumatra..,;

16

•

DYES—

gold.
irgolt,reflned
‘‘
irsenic,powdered
’*
B1 carb. soda, Newcastle.......
"
B1 chro. potash, Scotch
"
Bleadhlng powder....
*•
Brimstone,crude, in store....
*’

^

!1
15

English

*

22*9

....

Argols, crude

Soda ash,
Sugar of

19*
20

32
30

•»•••»• a-w'F • t • a

Alum, lamp.,..,.

Prusstate

17

17*9

' }

ava

Sheathing, naiw (over 12 oz;
Braziers’ (over 16 oz.)...,
American ingot; Lake.'.
COTTON—Bee special report.

DifcUGSA

16

gold.
gold.

Savanilla
Costa Rica

5
3

F 100 ft.gold.

25
75
50
25

5
4
4
4

SPICES—

•

....

19*

16*3

6 a

Lstobk—CaRhrttasladght..; gold
=

•
9
9
e

....

....

Bavarian

m
20
23
19

...gold.

St Domingo..........

6a

Calcutta, dead green
Calcutta, buffalo,.. fv••••••
irvmmmnt

9
9
9

18
t...

-“cur.
*•>-.;-do..j;/ cur.

•

•

“22*

2

66

do....€
€

•

9

66

Belgian

gold ^

LafOirr a.

66

So.:-::-

•

California,
Texar,
i

P5*

9
9

do.tofg

*

American or^>p ol 1874
American crop orlFra
American crop of 1872......

gold.

Maracaibo

COPPER- rvrf rr
Bolts ia

24
17

do...;

‘is

^

SPELTER—
Silesian
Domestic

HOP8-

45
48
36
35

18*3
19\®

gold.

9
19*9

Fist Salted—Buen. Ay, selected
do....
Para,

.

gold.

_

18

Z.

Taysaam. Nos. 1 A 2
Canton, re-reeled No.l

25
25

24
22

they run

,v

.

Pernambuco,
■

15
13 ®
COAL—
Auction sale of 8oranton, Oct. 28:
5 47*9 5 50
5,000 tons steamboat
13,000 tons grate
5 22* 3 5 37*
8,000 tons egg.
5 67*® 5 70
26.000 tons stove
6 15 ® 6 20
8,000 tons chestnut...,
5 00 ®
Liverpool gas cannel
9 11 to
17 90 ® 18 00
Liverpool house cannal...
:*.*;*,’ r ,5COFFEE—
16
15*9
Kio, ord. cargoes, 60990days, gold.
17*9
17\
do fair.
do
gold-

do

9
to
9

....

•

r

do

to

-do....

■

Taatlee, re-reeled.....;

26
25
24

Dry SalUd—Maracaibo, 2ui«..’.
db. i

9
9

14*9

do.

Matini. ana Mex, as
Maracaibo,

Bahia,■.

9130 00
9 26 00
9 21 00

9

23
24

•'

9

.F F

Tsatlee,Nos.l to 4

6

25

•'

do,...

Callfprpia,
-

9*3
7 9
7*
12
11X9
1 80 ® 2C°

,r,

doy.^v

Qraade,

Orinoco.

® 60 00

lR5SSS^aaSSf8lfiSte::::J.*“ 8 88

f

MontevlOed* Jff

Rio

SILK—

%

«

Dry—Buenos Ayres, selecte

_

Nails—;09«0d. common A sh-F keg 8 60
5 50
Clinch, I* ijo * In. A longer

...Fib.
9*t
Timothy.,.;.,
F buth. 2 75 9
Hemp, foreign
9 1 80
Flax, rough...
2 05 9 2 10
Linseed,CalcuttaF 56®gold (time). 2 40 9 2 42*

6

....9
4 9

HIDES-

HSiiSSSl Sc&'Mi: 65 00 9 75 00
{? 08 2 is §8
Clear pine....

do good;
do prime,
Java, mats

L.

fj 11

\

Sisal

BUILDING MATERIALS—
Bricks— Common nard, afloat
2 50
Croton.2. As.S’.«*... J. *4. A .V*.. 1» <*>

Half firkins(Kastera.j.
Welsh tubs,
**
—
Half firkins (Western)
Welsh tubs
**
CdKKSK—
v :
.
;
State factory, good to fine
State dairies, fine

JUTE -

SEEDClover

60

Am«rlo*n'dreaued*,..« .g?.M ion. 220,00 928000
Amerieaa undressed...;i
Russia, clean
gold.220 00 to230 00
Italian
“ 210 00 to280 00
8*
7*9

f,

6*®

.

t‘4)" ■••••#•

River. Shipping

HEMP AND

1

<r

i. vV. '>.

ASHES—
Pot..

5B5

(THE'CHROHIGtE.
ISUaSLUSU

18TCJ

ftovember

s.

d.

s.

d.

*’l 7-16
2 6
31 0
35 0

9....
340 0
9....
9 8
9..

7
S
5 6 to...
4 0 9....

.

SA1
s

d.

....

....

9
to

15 0
SO n
5
5
4 0

to
9
to

80

to

to

9

40
1 25

2*

[November 21,18#**.

.THE CHRONICLE

536

Financial.

Financial.

Commercial Cards.

Co.,

Leonard, Sheldon 8c Co.,

.6*6 State Street. Boston.
AGENTS

EOh

OF CHINA AND

&

d&Co.

CO,,

JAPAN.

4

Chauncey,

Persons keeping

48 South Street,

AGENTS FOB

H.

VALPARAISO, CHILL

LIMA AND IQUIQUE,
Messrs. JNO.

66 BROADWAY

SONS 4c CO.,

allowed.

U. j. Moms,
Member N. Y. Stock

W. CATER Sc CO.,

Consignments of approved mer*

ihandlse to the above houses.
Messrs. Prevost & Co., Iqulque, are

BANKERS,

A 19 NEW STREET

16 Wall Street, New
BUY AND SELL,

A. B. Louxsbrry,
Excb. Late CMh. Deree Mfg Co

Special attention to everything connected
purchase and shipment of
Nitrate of Soda.

with the

8TOCK8, B0ND8 AND GOLD.
INTEREST ON DEPOSITS

Ewxn.Jb.,
William P. Tuttle,
Member Stock A Gold Exch. Member Stock Exchange

PURE

NEW YORK.

ESTABLISHED 1841.

Smith, Baker & Co.,

Street.

Pine

66#

STREET, NEW YORK.

received, and interest allowed on deposits
according to the nature of the accouut.
Special attention paid to Investment orders in Stocks
and Bonds. Advances made on the same if desired.
ALBERT F. DAY.
JOHN G. STORRS,
Member of N. Y. Stock Exchange.

BUYS AND

Of every

New York.

Gee. B.

ONLY Supplied

(ESTABLISHED 1805.)

IN

AND CORPORATE

SECURITIES.

Pine St., New York.

GENERAL COMMISSION
A

China,
St., New York.

Henry Lawrence & Sons,

WALL

58

HOUSE

MERCHANTS

interest allowed on

balances.

Exchange, Stocks,

Bonds

carefully attended to.

purchases and sale of Gold
or Securities of any kind

CORDAGE,
USE,

N. T. Beers,

2# WALL

STREET NEW YORK.
Dealer In Gas,

Excelsior

AT WHOLESALE.

aio WATEi




Francis T. Walker 8c Co.
——

54

MISCELLANEOUS SECURITIES,
69 WALL STREET.

P. O. Box, 1272.

negotiation of Com¬

New York.

Refers by permission to
MESSRS W. 8. NICHOLS 4 CO.,

j. Hickling 8c Co.,
BANKERS AND BROKERS,

BROKERS IN

Special attention paid to the
mercial bills.

Stock Commission and Banking

J. Alden Gaylord,

8c McGowan,

(P. O. BOX 2J47.)

WALL STREET,-'- ■

Business.

STREET.

AND GOLD
Wall Street, New York.

IQ

Transact a General

79

FOREIGN EXCHANGE

CORY

s'JREET. NEW YORK,

Fkancis T. Walkbb, Special. Josiah B. Gbbbnman.
John M. Clark, Member of Stock Exchange.

Bonds.

ALSO,

AND VENTILATORS

Jr.,

Railroad and Investment Stocks and

Gas-Tight Furnaces, Hilmers

BBRBNBBRG, GOSSLER 4c CO
HAMBURG.

BROOKLYN STOCKS,

MADE TO ORDER.

EUROPE,

_

Loans negotiated and Commercial Paper bought and
sold on commission.
We are also prepared to execute orders at the Cotton
and Produce Exchanges.

MANILA, SISAL, JUTE Sc TARRED

JOHN

IN

STREET.

The Agency and Correspondence of Private Firms
BanksTcorporatlons and Individuals solicited and

Collections made and

and

London, (Limited.)

MANUFACTURERS OF

jar Send for Circular,

Co.,

International Bank of Hamburg

AND

OLYPHANT Sc Co., of

(JZ AL

70 State Street.

Gossler 8c

BANKERS

Rxpresented bt

REGISTERS

BOSTON,

NEW YORK.
1S4 Pearl Street.

Satterlse.

Robb 8c Peet,

& Co.,

Hons Kong, Shanghai, Foochow
Canton, China.

192 FRONT

GOLD and STOCKS bought and sold EXCLUSIVE¬
LY on Commission, on TELEGRAPHIC or personal
orders. Commissions 1*14 of I per cent. MARGINS
TEN per cent on Gold and
on Stocks.
Gold orders executed in the Board in person.

AGENTS FOB

MERCHANTS,

GANG8 OF RIGGING

John A. Macpherson,
TWENBY

DXALBRS

No. S2

Slip, New York.

FOR EXPORT AND DOMESTIC

COMMISSION

description.

FINANCIAL AGENTS,

BANKERS 4c

RAILWAY

104 Wall

STREET.

G. St. John Shetield.

R. Suydax Gbant.

BKLLS

Ripley 8c Coinp’y,

SAUERATUS,

COMMISSION

WALL

38

No.

TRAN8ACT A GENERAL BANKING BUSINESS

Broker, 76 Broadway.

SUPER-CARBONATE of SODA

Olyphant

Company,

BANKERS AND BROKERS,

INTEREST ALLOWED ON DEPOSITS.

RAILROAD STOCKS AND BONDS

MANUFACTURERS OF

The joooing Trade

Grant 8c

STOCKS BOUGHT AND SOLD ON

STOCK AND SCRIP,
BANK, TRUST COMPANY’S AND CITY

GAS,

John Dwight & Co.,

No. 11 Old

SECURITIES.

INSURANCE

CORUIES,

.

RAILROAD

No. 71 Wall Street,

REPRESENTED BY

W

TIONOF

Samuel M. Smith,

MERCHANTS

New York.

SPECIAL ATTENTION GIVEN TO THE NEGOTIA

Accounts

Yokohama and Hlogo, Japan.

E.

59 Liberty Street,

Gold oh commission

BANKERS,
16 WALL

PROVISION DEALERS AND MANUFACTURERS
OF LARD OIL AND STEARINE.

COMMISSION

WALSTON B. SB9WN.

'BANKERS,

Storrs,

Day &

PACKER FOR

CLIMATES.

ALL

,

Aug. J. Brown 8c Son,

Broadway and SI New Street,

Buy and sell Stocks, Bonds and
Interest allowed on deposits.

COMPANY.

LARD

Tuttle,

Ewen &
No. 62

&

.

John

BANKERS AND BROKERS.

JEWELL,HARRISON

Yoite,

STRICTLY ON COMMISSION

AUGUSTUS J. BB0WN.

prepared to give

interest

Lawrence Brothers 8c Co.

LIVERPOOL, ENGLAND
Advances made on

Wall Street,

BUY AND BELL STOCKS, GOLD AND GOVERN¬
MENT SECURITIES ON COMMISSION.
Stocks carried on mails. Deposits received, sub’

New York.

LONDON, ENGLAND,
Messrs. #NO.

59 and 61

BANKERS,—

PERU,

W. CATEB,

balances

J. Morse & Co.,

CO.,

4c

PREVOST

Messrs.

Jones,

BANKERS,

Ject to check a* stdbt.ee which 4 per cent

CO.,

KENDALL 4c

Messrs.

with City

according to the nature of the account.
Orders for the purchase and sale of stocks, bonds
and gold will receive from ns, personally, prompt and
careful attention. P. O. Bor 2.447.

New York.

Davidson 8c

accounts with us (currency or geld)

may deposit and draw aa they please same aa
baiica, and will be allowed interest on daily

MERCHANTS,

.COMMISSION

NEW YORK

NEW YORK.

STREET,

WALL

STREET,

WALL

10

No.

BANKERS,

of approved mer

Advances made on consignments
cbandize.

Fabbri &

BANKERS,

,

HEARD

AUGUSTINE

«B0. B. HOWELL.

W. <J. SKKLDOJr,

W. B. LEONARD,

Everett 8c

Buy Stocks on

BROADWAY,
margin and negotiate Stock Privileges

part of 100 shares. A 48 page pamphlet entitled,
THE ART OF SPECULATING IN WALL STREET,

on

any

explaining terms used and various methods of opera
stocks, will be sent free to any address.

lag in