Full text of Commercial and Financial Chronicle : November 9, 1878, Vol. 27, No. 698 [Copy 1]

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HUNT'S

MERCHANTS’

MAGAZINE,

paper,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.

YOL. 27.

SATURDAY, NOVEMBER 9, 1878.
CONTENTS.
TIIE

The Elections and
lation
:

to

CHRONICLE.

Currency Legis<T1

I The Debt Statement for October,
1878
4‘6
|

Preparations for Resumption. .. 472 | United Stated Treasury Statement
The Fisheries Question Again.... 473 1 Latest Monetary and Commercial

Recovery of the Overpaid Tax

on

Rank Capita!....
474
R iilroad Earnings in October, aud
from January 1 to Oc ober 31... 475
•

English News

|

J Commercial
News

477
477

and

Miscellaneous

483

1

BANKERS’ GAZETTE.

THE

Money Market, U. S. Securities,
Railway Stocks, Gold Market,
Foreign Exchange. N. Y. City
Banks, Boston Banks, etc
431

Quotations of Stocks and Bonds.. 484

r

New York Local Securities

485

Investments, and State, City and

Corporation Finances

4S6

TnE COMMERCIAL TIMES.

Commercial Epitome
Cotton
...'
Breadstuffs

489 I Dry Goods
Imports, Receipts and Exports.
| Prices Current

4^9
493

494
..

495
498

’The Chronicle.
The Commercial

and

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on

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THE

ELECTIONS

AND

CURRENCY

LEGIS¬

LATION.
The result of the elections

during the present week
must be considered as very satisfactory by all who are
not particularly concerned with the success of one party
or

another.

There

the North except
the outset, much

was

no

distinct issue

raised

in

the single one of honest money. At
doubt existed; but as soon as one
party became its pronounced advocate the people went
over to it, and each day since it
has been growing
stronger, until the result is a most decided victory.
After all the sound and fury of the Greenback move¬
ment, promising to sweep the country, 11 men bearing
that name have been chosen to Congress, out of a total
of 286. Maine sends 2, Vermont, 1, New Jersey and
Pennsylvania, 1 each; the other 6 are, 2 from Iowa,
and 1 each from Indiana, Georgia, North Carolina
and Texas.
While, of course, it would be an error




the

strength of inflation by the insignifi¬
cance of this
particular division, it does fairly show
the utter collapse of the soft
money movement as
a
specially organized aggressive force. The 11 Greenhackers, so-called, may carry the balance of power
on
strictly party matters; on currency matters they will
unite with the other inflationists,
gradually drop¬
ping their distinctive name. But a year must pass
before the next Congress will meet; although there
will be work enough to be done, even then, the crucial
matter of resumption, according to the present
pro¬
gramme, will be disposed of and the wThole position will
probably undergo material change, during the mean¬
time. What the present Congress will do or attempt,
during its remaining three months, is of much greater
measure

present consequence, and the moral effect of the elec¬
tions upon that is toi>e considered.
Whatever else be said of the result, this must be
admitted: that the gam made by one party has been
made

Subscriptions will be continued until ordered stopped by a written, order, or
at tfi£ publication office. The Publishers cannot be responsible for Remittances

NO. 698.

visible consequence of a
desire for sound money ; as was

bold reaffirmation of
the case in Ohio, last
month, the party which courted the favor of the infla¬
as a

tionists has lost

nearly everywhere at the polls, and the
party which took an open stand for sound money has
gained what the other has lost. In M issaeliusetts, the
notorious

politician who entered the gubernatorial con¬
own
account, on a platform including fiat
money and communism, with almost every other thing
obnoxious to right-minded people, has been routed by
an
overwhelming majority, and has not only missed the
office he sought, but has lost the seat in Congress he
already had; this result will be heralded to every nook
and corner of the country, and is most suggestive.
Thinking it would be interesting to see how far the
Silver Bill has been sustained, we took, fora test, the vote
test

on

his

in the House

Hewitt to
Bland bill

February 21,

on

on

the motion of Mr.

dispose of the whole subject (the original
as

it

came

form which became

back from the Senate in the altered

law) by laying it

on

the table, and

find that of the 72 members who voted in favor

motion

voted

34

have

re-elected, and of the 204 who
92 have been re-elected. It should

been

against it

be here stated that in all there

re-elected.

of the

This division

are

145 old members

have

given of course
remaining 17 who either dodgedthe question or were absent, with or without pair, and
the test we apply is not conclusive, because other con¬
siderations than the course taken on the silver question
enter into it ; nevertheless it is suggestive as far as it
goes, showing that a larger proportion of the opponents
takes

no

of that

account

we

of the

measure than

of its supporters are re-elected.

With

472
all

THE

qualifications, it is safe

CHRONICLE.

to conclude from this that tbe

support of the Bland bill did not, to say the least, prove
to be the admitted claim for reward which it
was ex¬

pected to be. Silver remonetization
because there was believed to be

shoved

is that after the period of suspension is
passed,
equivalency is established between the notes and
coin, the certificates have no longer any place to
fill,
their purpose of convenience
being so well performed by
the notes.
If, also, the banks should discontinue open¬
ing or retaining coin accounts as such, another indirect
aid would be given
by the moral support derivable from
such an announcement, and
by abandoning the formal
course,
and an

1

through,

general desire for
is, that this desire was
over-estimated, or else—what is more probable and about
equally satisfactory—that the people have been discover¬
ing and regretting their error since. How could it well distinctions now made between the
several sorts of
be otherwise, the
average American not being destitute money.
of common sense ?
That an assistance of a valuable nature
Notoriously and before the eyes of
everybody, the Silver Bill has failed of its purpose. The dered in ways like these is evident when wemay be ren¬
remember
failure is not that remonetization has not restored the
that the process of
effecting resumption is very largely
silver dollar to its parity with
gold, but that it has done a matter of confidence, and that it must
necessarily be
nothing it was guaranteed to do. It has not put the gradual, or, in other
words, must consist largely of prep¬
dollar itself into circulation, for the remarkable but
unde¬ aration.
Resumption does not consist in the actual
niable
reason
that the people refuse to take it*
exchange of every note for coin, or even in the posses¬
Look at the facts : this mischievous and
untimely sion of a stock of coin sufficient to effect this, but in the
law was passed upon
the ground that the people possession of a stock adequate to all demands which
will
demanded the silver dollar again ; and now it is be
made, and in a general belief in the reality of the
proven that the people do not want it, by their process.
There is no magic about it, and can be none.
persistent refusal to touch it when it is offered them and If the gold premium were still
considerable, to suppose
almost thrust upon them—the
hungry beggar refuses to that the attempt to resume could annihilate that
premium
eat.
Was ever folly more sharply self-rebuked and self- would be
irrational, because the existence of the

cheap

-

was

IVOL. XXVII.

money ;

convicted ?

the point

The authors

a

now

prem¬

and

supporters of the bill ium would be evidence either that no
adequate reserve
should be ashamed to again
open their mouths about had been provided, or
that,
for
some reason, there was
financial topics. At least, the lesson is too
plain to pass no public faith in the success of the
Mere fiat
unnoted.

It has

more

than

once

seemed

if

attempt.

tbe

resumption would be as futile as any other attempt to
American people, possibly in the satisfaction
they take pay one’s debts without money ; yet resumption without
in political surprises,
delighted to periodically slide to¬ preparation—as if the
Treasury had simply issued a
wards some pit of folly,
only to recover their senses notice, per act of Congress, that specie would be
paid on
and spring back when
upon its edge; however, there demand—would be such
resumption. The point simply
can be no
question that a re-action has come and that the is that tbe gradual
disappearance of the gold premium,
better thought has re-asserted itself at last.
This is the coincident!}7 with, and in almost
equal degree with, the
conspicuous meaning of the election, and there will be preparation for
resumption, has not been
but
no doubt in
Congress that it is so. Hence, soft money, not natural; that this disappearance measures accidental,
with tolerable
being thought to be, in the degree it was thought to be, accuracy the rise in
public expectation and faith, justly
last winter, the popular desire, will
find its advocates based upon visible facts ; that the
process has been, in
greatly weakened; and although it is probably not to reality, one of
accomplishing resumption by a gradual,
be expected that the wise
step—a resolution wholly natural and healthy process, in advance of the time
set
suspending the coinage of the silver dollar—will be taken, by law. It is in this
way alone that the change can be
we
may hope at least that further meddling with cur¬ effected without shock and hazard.
as

rency matters will be prevented.

PREPARATIONS FOR RESUMPTION,
The

nearness

Washington dispatches also say that the Sec¬
retary intends shortly to begin the withdrawal of all notes
under $5, complying with the recent law
requiring him

resumption—distant now to maintain the full maximum
aggregate of legal tenders
weeks—gives interest to everything done outstanding, by
issuing an equivalent in notes of large
discussed in the nature of
preparation for that denomination, the object
being
force the

less than
or

of the date for

Recent

seven

momentous

event.

What has been effcc’ed in direct

preparation, by accumulating a coin reserve, which has
a year
past from 40 to 177 millions, and
stands at the ratio of over 50
per cent to the notes, has
been so often shown in these Golumns that we need
only
refer to it dow.
Our present object is to notice another
class of preparations, indirect rather than
direct, or what
mayjbe called contributory preparations.
For instance, it was
unofficially announced, some
weeks ago, that new greenbacks of
$5,000 and $10,000
denomination (the largest now issued
being $1,000) are
in preparation, and are intended to take
the place of the
coin certificates, of which there are about
35 millions.
The certificates, it will be
remembered, serve no purpose
of circulation, but were
intended, and have been used,
during a period of suspension, as a convenience in mak¬
ing payments of duties, avoiding the handling of
gold; they are issued under the act of March 3, 1SG3,
and, as the act is permissive and not mandatory, there
can be no
question of the Secretary’s power to abandon
them at pleasure. The idea of this
abandonment, of
risen within




to
silver dollar
Some months ago
[Chronicle, July
considered the chances for the dollar’s

into circulation.

6],we

obtaining

market

a

by the withdrawal of small bank-notes. After
resumption, no notes under $5 can be furnished to the
banks, but there is no prohibition of their retaining what
they have already. The small bank notes,
however^
never have been
comparatively large in aggregate, the
maximum being $20,616,000 ones and
$13,793,000
twos, against $284,000,000 fives and $222,000,000 tens,

and the withdrawals have also been
in the small denominations.
The
the

comparatively large
following table, giving

composition of the

paper currency on November 1,
also that the small-note circulation

1877, shows this, and
wholly greenbacks:

is almost

.

Ones

.%•

Twos
Fiv^s
Tens

Twenties
Fifties

One

...

hundreds......

Five hundreds.....

One thousands

.5

Lank Xotes.

Legal Tenders.

$3,800,456

$24,SOB,459

2,262.831
93,504,9)0
98,312,850
65,454,500
22,255,100'

G3,146,Sdl
60,636,493
30,108,715

23,803,500

30,176,670

Total.

$28,600,915

21,000,541

26,883 428

52,932,138

146,437,043
161,459,711
226,290,995

1,2)3,500

34,752,500

52,363,815
53,976,670
35,955,000

257,000

31,123 500

34,380,500

November 9,

1878.]

THE CHRONICLE.

It is evident that the bank notes for one, and two

dollars could

disappear without being missed, but that a
very different case would be presented if the power to
withdraw the small greenbacks, and thus to force the
use of coin for
everything below five dollars, should be
seriously exercised. That such power exists, however,
cannot be questioned.
The original act of 1862 author¬
ized no notes below five dollars, but subsequent acts left
the denomination optional.
Small notes are indis¬
pensable in retail transactions.
Withdrawing the
greenback ones, would alone make a gap nearly
twice as large as the aggregate amount of silver
dollars coined to date.
The process would neces¬
sarily be gradual, all the more so as soon as the
intention became known, and the certain unwillingness
to lose the small notes began
to operate to keep
them from drifting into the Treasury.
Now, if the
Secretary should take the further step of announcing
that he would give gold coin in exchange for silver
when desired, he would not only lessen the public
unwillingness to receive the latter, on the ground of its
inconvenience, but also he would do much towards
producing what he has long been seeking to obtain—an
equivalency between paper, silver and gold.
We do not propose to discuss this fully to-day, how¬
ever, but suggest that it shows a sort of parallelism with
some
very excellent remarks of Mr. Sherman, in his
recent speech in Cumberland, where he said: “The
bullion in the two coins is of unequal value, the silver
in the dollar being worth in gold only 83 cents.
If
“

“

“

the market value of these metals

“

relative

value

fixed

wrere at or

about the

by law for their coinage,
resumption with both metals would be much easier than
in one.
It would be very easy to resume on silver
dollars alone, but it is resumption in gold coin as well
as in silver that is provided for
by law as well as by
public policy. The coinage cf two millions monthly
of silver dollars of full legal tender is a disturbing
“element which we cannot now compute.
We can only
“hope that before its issue is greatly increased Congress
will either limit its amount or make it contain enough
silver to be equal in value to gold.” The success of
the attempt to force the demanded but evidently not
desired silver dollar into the place now filled by small
greenbacks, would probably have some effect towards
staying the depreciation of that metal. It would also
help rid the Treasury of the embarrassment of its grow¬
ing burden of silver coinage, for the keeping of which
it has.already had to build larger vaults, and would be
an honest attempt to deal rationally, and at the mini¬
mum of harm,
with a troublesome subject. Further¬
more, in keeping the coinage down to the legal mone¬
tary minimum, Mr. Sherman complies with law, wTith
reason, and with good policy.
We think it only needs the forced use of silver dol¬
lars to complete the popular re-action on the subject.
If possible, let the people be made to appreciate the
trouble which the remonetizing act has produced, in
order that they may bring to bear at Washington a
pressure for the suspension of the coinage.
The
act itself need not be repealed just now—a
suspension
of it would avoid all serious consequences, and would
be a sufficient and perfectly intelligible notice to the
world that this country had returned to its senses on the
subject. Viewed in this light, the plan of forcing the
people, by withdrawing small notes, to take and use the
silver dollar, which their representatives in Congress
were so sure was
stealthily taken from them m 1873,
and bad been the object of their longing ever since, may
“

“

“

“

“

“

“

“




.

473

fairly be included with the indirect preparations for
effectual resumption.
THE FISHERIES

QUESTION AGAIN.

The vexed'fisheries

difficulty appears to have assumed
form. Our views on the general ques¬

entirely

an

new
tion have been freely

expressed. We had no sympathy
with the movement in Congress to prevent the payment
of the award adjudged by the Halifax Commission.
Whether we were paying too much or too little for the
privilege we had secured by the Treaty of Washington
was a
question which the country was estopped from
discussing, the award being made under treaty condi¬
tions and being, therefore, a treaty obligation from which
there was no honorable escape.
Of course, however,
the payment did not compel us to be indifferent to our
own rights, or to remain contented with an
arrangement
which on trial was found to be either unsatisfactory or
unjust. Our duty was to pay the $5,500,000; and, if the
treaty was unsatisfactory, to endeavor, by legitimate
means, to have it modified or abrogated.
Such were the
views we expressed at the time of the discussion in Con¬
gress, and they were the views entertained by the large
majority of the American people, and generally
adopted by the Government.
The award is due on the 24th of November; and the
money, we understand, is ready in London to make the
payment. In view of recent developments, however, some
are insisting that, if satisfactory
explanations are not,
in the meantime, made by the British Government, the
people of the United States will not favor its payment.
The difficulty which has arisen with the Newfoundland
fishermen gives, it is claimed, a new complexion to the
whole affair.
The case is easily put.
By the Treaty of
Washington we obtained certain privileges for which it
was decided by the Halifax Commission we should
pay
the British Government the above-mentioned

to

sum

of

$5," 00,000.

One of these privileges was that our fisher¬
should have for 12 years the right to fish within
the three-mile line—that is within three miles of the
men

shores.

We

had

violated

two

local laws of Newfoundland.

already, by the Treaty of ISIS, the
right to fish outside of that line, and on certain coasts
the right a’so to fish inside of it; but the Washington
Treaty removed every exclusion, giving us the general
right to fish everywhere in British waters. On the
6th of January of this year, about twenty American
vessels, taking advantage of the privilege thus secured,
went into Long Harbor, Newfoundland.
No sooner had
they begun to fish in the Harbor than tl ey were attacked
by a mob of Newfoundland fishermen, some of the
vessels having their nets destroyed, and all of them
being ultimately compelled to retire. As if to aggravate
the offense the victory was celebrated by the firing
of guns and demonstrations of a kindred nature.
A 1 these facts were duly brought to the attention of
the British Government.
Lord Salisbury, it appears,
ordered Captain Sullivan who was in North American
waters to investigate and report.
The burden of Cap¬
tain Sullivan’s report was to the effect that the American
fish mermen had, by fishing on Sunday and by
using
seines between the months of November and Apr’l,
of the case,

This view

apparently adopted by Lord Salisbury,
was sent to
Washington. In reply, Mr. Evarts, in a
letter to Mr. Welsh dated September 28, very clearly
and forcibly sets forth the wrong which has been done
to the American fishmermen. If local laws were violated,
the violated laws, he insists, should, at least, have been
enforced not by an irresponsible mob, but by the proper
•

i

474

THE CHRONICLE.

authorities
local
ermen

through their

laws of

proper

Newfoundland

from the

officers.
are

to

Again, if the
bar

the fish¬

enjoyment of the privileges secured

meantime

fVou xxvu.

Senator from
Maine,
greenback candidate for Governor in
meet in

a

our

private

together with

Massachusetts,

our

may

the Editor of the Pall Mall Gazette
by the Treaty of Washington, the treaty will be and throw
mud at one another
just as long as they please.
of no effect—w$
no
secure
rights under it. But as for the remainder of the
The Treaty of
people of the United
Washington, it is claimed, was made States and Great
Britain,
their
pleasure
will undoubtedly
between the United States and Great
Britain on the be in
settling their difficulties now, and at all times,
principle that the Imperial authorities controlled the
honorably but peacefully.
colonial.
Of course it was never
intended by either
party that we should be forced to make a separate ar¬
rangement with the Government of the New Dominion
with the Government

or

of

America.

any section

of

RECOVERY

British

way

OF

TEE

OVERPAID

TAX

ON

BANK CAPITAL.
For

years the question has been
urgently pressed
it, is the substance of Mr. whether the Treasurer
of the United
Evarts’ communication.
States, to whom the
Some writers,
however, are national banks by law are
required
to
pay a tax on their
-carrying the case much farther, and are claiming, as we
capital, has been doing right in insisting that the banks
have already
stated, that the wrongs cited must be should deduct
from their taxable
first redressed before the award is
capital the par value of
paid.
their investments in U. S. bonds
They
instead
of the cost value.
illustrate the position of the United
States
The language of the statute seems
by
that of a man who
tolerably clear. Sec¬
buys a piece of property. tion 3408 declares with
Of that property he is to become
regard to all
by purchase the national banks, that the tax shall be banks, except the
levied upon “ the
unqualified possessor. One of the conditions of the
capital employed by any person in the business of bank
purchase is that the property is to be handed over
ing beyond the average amount invested in U. S. bonds.”
at once and the
money to be paid at a specified With
regard to the national banks, the law reads as fol¬
time. The property is handed over. It is
found, how¬ low’s :

This,

as

we

to be
incumbrances
ever,

to be

understand

so

burdened

not

mentioned in the

absolutely worthless.

with

mortgages or other
original contract, as

In such

be any

a

case

would there

some

Section 5,214.—In lieu of all
existing taxes, every association,
the treasurer of the United
States, in the months of

shall pay to

January and July, a duty of one-lialf of one per centum each
half-year upon the average amount of its notes in
circulation, and
a
duty of one-quarter of one per centum each
half-year
upon the
average amount of its deposits, and a
duty
of one-quarter of one
per centum each half-year on the
average amount of its capital
stock beyond the amount
invested in United States bonds.
Treasurer Spinner made a rule in

law to compel the purchaser to conclude the
bargain ? We have agreed for a privilege granted, for
a
given number of years, to pay a given sum. We
have made arrangements to
pay the money at
the time specified.
18G4, which was
Meantime we have entered
accepted by the Department and by all the national
upon
the supposed enjoyment of the
privilege banks for several years without question, that the rebate
But we find there is no
privilege to be enjoyed. allowed under the
foregoing law should be estimated
31ust we keep the
bargain on our side, when it is at the par value of the
bonds.
The
not

fulfilled

on

reason

the other?

Such is the situation as it
with much assurance presented

was

obvious when Government bonds were
is
selling at par;
confidently and
by but wThen they advanced to a premium, efforts
some.
began to
be made to Lave Mr.
Spinner’s ruling set aside, and to
To us, however, the conclusion here
drawn seems to allow the national banks
to deduct from their
taxable
be far from self-evident. Without
doubt, reparation capital the exact amount which their bonds had
should be made for the violence used in
driving off the cost them in cash. Mr. E. II. Rollins, president actually
of the
Massachusetts fishermen, and
very likely these local laws Centennial Bank of
took
an active part in
Philadelphia,
may require considerable modification,
and, perhaps, this agitation, and showed that w7hile he was
Commis¬
repeal. But there are two considerations w’hich we sioner of Internal
Revenue,
and
that
since
should not lose sight of in the discussion.
period, the
The first is taxes on the
banks
capital
of
State
and
private bankers
that "we have not by the
Treaty obtained the contract were not assessed on the
Spinner rule, b t the banks
for the absolute or exclusive
enjoyment of these fishing were allowed a rebate of the whole of the cost
value of
grounds. Such a statement is a very loose
their United States bonds in
interpreta¬
making up their returns
tion of the
privilege secured. The arrangement, as we for the taxation of their
capital. Under the pressure of
understand it, is that we were to
enjoy the right, but recent litigation, Secretary Sherman referred the case
to
only “ in common with” British subjects. Consequently, the
Attorney-General. A suit was brought by a
the English argument will be that we
only obtain, by bank w’hich had paid to the Commissioner of savings
Internal
the Treaty,
privileges equal to those then enjoyed by Revenue the tax on its
capital, but, in making
their own subjects;
in other words, as every one— up its
assessment, had by mistake deducted the par
by a local statute in existence at the time value of its United
States bonds instead of the cost
the

Treaty
•fishing on

was

signed—was

Sunday,

prohibited

from

and also from using nets
between November and
April, we take the privilege,
bought subject to those conditions, which, we must add,
appear to be perfectly reasonable
regulations. The
other point we should bear in mind
is, that the new
complication can be in no way connected with the
pay¬
ment of the award.
We signed the
treaty and we have
agreed to pay the money;—let us do it without any more
making of faces, and then call upon Great Britain to
enforce our rights, whatever
they may be. She is per¬
fectly able and willing, we believe, to do it; or if not
willing a?e we not perfectly able to make her ? In the




price, which included a premium. The bank claimed a
paid upon the difference between the
actual cost price of the bonds and
the face value thereof.
Commissioner Raum,
finding that the claim was in
refund of the tax

accordance with the rule w’hich had
the Internal Revenue
tration and

always prevailed in
Bureau, both during his adminis¬

previously, endorsed the claim of the savings
bank and recommended that the
said excess should be
refunded. The
Attorney-General, wrhen the case was
referred to him by
1878,

an

Secretary Sherman, made, July 27,

adverse report, and argued “ that the

amount

invested in United States bonds
should be ascertained
by takmg their face value.” As there was a conflict of

THE CHRONICLE

November 9,1878. j

475

opinion, the Internal Revenue Commissioner desired those in Texas, and the three Pacific
railroads^
that the Attorney-General might be asked to re-examine
showing the principal increase. Chicago & North¬
the question, and, at the request of Mr.
Secretary Sher¬ western is noticeable* for its small decrease,
man, this was done.
was
that
the Attorney- as compared with
The result
the heavy month of
Octo¬
General has lately rendered a second opinion. It was
ber, 1877, and the statement has apparently been
published October 21, and reverses his former opinion, more favorable than had been expected, as the common
holding that “ the amount of capital to be deducted is to and preferred stocks have advanced on*it. In the table
be ascertained by taking the price
paid for the United of earnings for September, the changes from one season
States bonds,” but “ that accrued interest should not be to another in certain localities is
strikingly shown in the
calculated,” as that is a “ mere temporary investment reports of the Southern Minnesota and the Houston &
which is replaced as soon as the interest becomes Texas Central
roads, the one as a decrease and the other
as an increase
actually paid.”
in business.
It has been officially announced that this rule will be
BARNING8
OCTOBER.
hereafter enforced, and the question has come
up whether,
1878.
1877.
Inc.
Dec.
Atchison Top* k& A 8anta Pe.
as a matter of
$415,< 00
$342,812
$102,178
$
justice, those banks which for years have Burl.
Cedar Rapids A Northern
171.533
141,619
29,914
Central Pacific.
1,834,000
1,806,382
27,618
paid the tax on their capital under the Spinner rule have Chicago
A Alton
480,869
445,597
35,272
not just as good a right to recover a
& Eastern Illinois....
82,498
82,605
107
part of what they Chicago
Chicago Milwaukee & St. P.>..
823,000
1,183,134
360,134
have paid as had the savings bank above referred to. Chicago A Northwestern, &c. 1,566 853
1,598,776
31,913
Denver & Rio Grande
122,800
76,434
46,366
Grand
Trunk
of
Canadat
796,685
883,564
Assuming this to be the case, it was hastily concluded by Great Western of
86,879
Canada^
864,589
438,930
74,341
Central (main line)....
490,130
612.185
imaginative attorneys that the claims in question would Illinois
122,055
do
(Iowa leased lines).
142,108
204,260
62,154
run back to the
Indianapolis Bl. & Western*..
86,102
beginning of the history of the national International
88,577
1,875
& Gt. Northern*
141,051
119,657
21.397
banks, during which period these banks have paid six Kansas Pacific
448,514
395,361
53.153
Missouri Kansas & Texas
349,896
329,531
20,365
millions of taxes altogether upon their
Pad. & Memphis*
4,962
11,108
capital. If five St. L- uis Alt. & T.H.
6,446(br’chs).
55,750
62,259
6,509
percent of this sum has been overpaid, the refund would St. Louis Iron Mt. & Smith’n
577,200
510,812
66,388
St. Louis Kansas C. & No th.
347,172
347,940
768
amount to $300,000, which is not a
64,446
very large sum to St. Louis & S. E.—St. L. div.*
49.640
4,806
do
Ken. div..*
27,788
23
541
4,247
divide among two thousand national banks.
do
Tenn.dir.*
Indeed, it
11,475
10.517
963
8cloto Valley
26,933
13,416
is scarcely worth the expense of
15,567
litigating such a multi¬ Toledo Peoria A Warsaw.....
104,500
115,167
10.667
,

GROSS

IK

»

•

•

•

•

•

•

«

•

««*••••

..,

•

•

•

•

*

..

......

-

•

•

•

•

•

•

•

..

„

♦

•

•

•

'

>

tude of diverse claims from all parts

of the country.
Forgetting this obvious fact, and ignoring the opera¬
tion of the statute of limitations, an
army of claim
agents has been in communication with the national
banks, urging that two millions at least of overpaid
taxes were refundable, and
offering to conduct the nego¬
tiations for the recovery. Treasurer Gilfillan, in
reply
to an inquiry on this subject,
wrote, 26th October, an
official letter which ought to set at rest all the sensa¬
tional rumors on the subject.
With regard to the
future, he says the rule of the Treasury will be
that all banks will be required to make their returns of
capital for taxation, deducting “ the price paid for the
United States bonds owned by them, less the accrued
interest to the date of purchase,” and
requiring said
bonds to be “ described by loans and dates of
purchase
in making returns;” and, in respect to the
past, he inti¬
mates that the opinion of the
Attorney-General does not
apply, as “ no application made in consequence of the
opinion in question for refund of any tax upon bank
oapital heretofore assessed and collected will be enter¬
tained by this office.”
We have made special inquiries
at Washington, and found that,
notwithstanding the un¬
favorable aspect of the claims, considerable
energy is
being used by interested persons to persuade the banks
to become litigants.
The belief entertained in well’
informed circles is that, in view of the above
evidence,
such litigation will not
only prove disappointing, but
that it will only serve to do harm.

Wabash
Union Pacific

517,613
1,26^,879

Total
Net decrease.*....

FROM JANUARY 1

TO

OCTOBER

30.

In the reports of twenty-four roads for the month of
October the number of those
showing an increase is

about the

1878.

Chicago A Alton
Chicago Mil. & St. Paul
Chicago A Northwest proper.^
Denver A Rio Grands...

Great Western*..
Illinois Cent, (main
line)§
do
(la. leased lines).
Indianan. Bloom. A Western.*
International & Gt. Northern*
Kansas Pacific
Missouri Kansas A Texas
Paducah A Memnhis*'
St. Louis Alt. A T. H. (br’chs).
St. Louis Iron Mt. A South’n..
St. Louis Kansas C. & Nsrth..
St. Louis & S. K.—St. L. div.*
do
Ken. div.*
do
Tenn. div*
Toledo Peoria A Warsaw
Wabash
Union Pacific.

Total
Net increase

those




6.552,946
10,191,831
620,156
7,595,318
3,680,o94

11,601,662
7,267,518
3,777,155

4,450,357

Inc.

$1,073,049
292,155
931,044
163,214
313 097

1,409,831
295,426
97,061
109,447

4.340,910
1,233,560
1,005,244

1.225,399
1,038,630

1,089,931
3,043,809
2,450,652
144,170

8,161

371,555

145.823

402,774

429,495

3,516,043

286,371

2,578,314
493,831
263,936

136,720

123,684

1,065,770
4,205,182
10.322,479

925,894
3,814,966

327,830 ♦

33,386

1,117,316
2,672,254
2,644.115

3.503,932
2,726,595
522,705

Dec.

$

•••»•.

148.26!

27,415
163,4631,653
26,721
12,111

28.874

10,259,074

22,435
13,036
139,'76
391,216
63,405

$90,244,736 $84,819,702

$5,962,388

$597,354

$ August. September and October figures include those of Springfield divi¬

sion in both years.

^ In October, the proprietary roads are included.
following companies have hat recently reported their earnings for
September, and from January 1 to September 40:
The

8BOSS EARNINGS IN SEPTEMBER.

1878.
Atlantic & Great Western
Atlantic Mississippi A Ohio...
Cairo So St. Louis.•*.......
....

Dakota Southern
Houston A Texas Central
Nashville Chatt. A St. Louis..
Paducah & Elizabethtown

Philadelphia A Erie
Philadelphia & Reading
St. Paul & Sioux City
Sioux City & St. Paul
Southern Minnesota

Philadelphia A Erie

again
prominent—the grain-carrying roads showing the prin¬
cipal decline; and the Southwestern roads, including
are

8.925,142
6,923,043

SI.

* Three
weeks only of October 1* each Tear,
t From January 1 to October 26.
t From January 1 to November 1.

respect to traffic which

noticed last month

$793,660
266,107

6,386,034

Nashville Chatt. & St. Lonis.

we

OCTOBER

$2,097,219
981,342
13,840,319
3,755,928

9 i 5,582

Grand Trunkt

1 TO

1877.

Topeka A Santa Fe.. $3,170,218
Bnrlingt’n C. Rap.& Northern.
1,273.497
Central Pacific
14,771,36-3

Dakota Southern

as

$527,553

Atchison

showing a decrease in gross
receipts. Only a few roads are conspicuous on either
side for a large
percentage of difference as compared
with October, 1877
The same general features in
same

$11,316,193 $11,582,302

GROSS EARNINGS FROM JANUARY

..

OCTOBER, AND

44,647

81.4T4

•
Three weeks only of October In each year,
t For the four weeks ended October 26.
t For the four weeks ended November 1.

Chicago Burlington A Quincy.

RAILROAD EARNINGS IN

472.966

1,185,405

1877.

$334,882
153,890
19,371
1,382,123

$396,074
185,208

Increase.

$

$51,192
31,828

19,745

374

1,363.310

18,813

25,559
237.139

93,416

17.431

332,555
123,497

8,128

157,424
29,292

38,927

322,896

42.228

34,812
747,959
9,701
11,810

123,351

88,813

27,996
288,084
779,481
52,019
30,418

1,527,440

34,533

286

61,720

GROSS BARKINGS BROM JANUART

1

TO SEPTEMBER 80,

1878.

1877.

$1,198,143

$•,258,906

16i,773

175,803

10,378,548

8,994,307

1,883,641

155.519

134,582

20,937

1,18^,031
2,025,890

1,255,061
2,168,652

Philadelphia A Reading

8.840,420

10,431,453
349,226

Southern Minnesota....

430,316
266.148
490,875

Atlantic Missiseiipi
Cairo & St. Louis

& Ohio...

Chicago Burlington A Quincy.
„

St. Paul A Sioux City
Sioux City A St Paul

Decrease.

200,826

425,624

Increase. ©oerea*f*.

$

$60,763
14,030
67.030

142,782

1,591,033
81,090
65,322
66,251

476

THE CHRONICLE.
GROSS

fV0L. XXVII,

EARNINGS, EXPENSES AND NET EARNINGS.

-September.
1878.

Gross

earnings!.*

Net earnings

1877.

$153,830

Expenses, iucl.extraordin’y*
c.

$165,208
121,-04

92,131

$61,749

,

,

1878.

1878.

$1,19?,143

$1,258,900

852,396

906,720

$345 747

Operating exp’sts and taxes.
Net earnings

$45,303

Chicago & A lton—
Gross earnings
Operating expenses.
Net

$138,887
93,594

earnings

$194,226

$1,131,873

93,309

514,993

$190,917

$316,8S0

Net

234,171

$3,441,273
1,933,299

$3,310,331
1,685.31.0

$2’4,00J

$246,762

$1,430,974

$1,424,971

Wabash

earnings

Expenses
Net

672.469

earnings

$1,363,310 $10,373,543
608,509
5,677,! 01

$709,654

$754,801

$4,700,647

$34,354

$38,687
27,112

$277,5:3

$8,944,907
4,93 j,201

$1,056,106

Net

Net earnings
Dakota Southern

$7,318

$109,386

$96,681

66,831

54,874

$778,222
658,516

$695,342
477,916

$10,553

$42,007

$119,706

$217,426

$579,120

$531,222

353,352

327,328

$3,148,545

$2,819,099

2,339,803

2,241,152

$225,76?

$203,894

$808,742

$637,947

THE

DEBT

STATEMENT FOR

following ia the official

public debt as
returns at the close of

bearing: interest in Coin.

$283,201
O

$

statement of the

from the books and Treasurer’s
business on the last day of October, 1878:

appears

Autli’rizing

Character of Issue.

$11,575

OCT., 1878.

^
*

Interest
6
Periods. N

Act.

§

33

f-H

Bonds

Outstanding.

Registered.

Coupon.

—

Gross

earnings.'
Operating expenses

$17,431
10,575

Net earnings

$25,539

$6,556

Denver & Rio Grande
Gross earnings

$155,519
80,713

§

$134,582

Net earnings

earnings
Operating expenses & taxes.

$68,tOO

$112,936

$78,737

fti7,2l2

38,333

$792,782
466,292

$543,722

$45,691

$40,354

$326,49j

$266,372

Net earnings

International & Gt. Northern

$332,555
135,244

$237,139
1:25,726

$

$197,311

$111,413

$

277,350

s

July&A.,’61

March
March
5s, 10-40’s
6s, 5-2(!8 of 1865, new. March
March
6s, 5-20s of 1867

1874
1880
1 81
1881
1881
1904
18*5
1887
1888
1881
1891

3, ’63
3, ’64
3, ’65
3, ’05
6s, 5-20s of 1868
MavcliS, ’65
5s. Funded Loan, 1881 July 14, ’70
do.
4>£s,
1891 (July 14,’70
4s,
do.
1907-'July 14, ’70 19,7

J.
J.
J.
J.
J.
M.
J.
J.
J.

& J.
* J.
& J.
& J.
& J.
& S.*
& J.
& J.
& J.

Q.—F.
Q—M.

Q.-J.

$.....7

*

Coupons of $50 and $100 bonds

The

sizes or

are

$260,000

a

b

13,94S,000

c

cl
d
cl
d
d
d
d
,

.

••

Aggregate of debt bearing interest in coin

-

Gross

Oregon War

6s of l S~si
6s of 18S1

Houston <fe Texas Central—
Gross

June 14, ’58
Feb.
8, ’61
March 2, ’61

6s of 1881
is,

-

Expenses

•

•

•

•

123,613.260.
54,893 359

$

4,467.000
945,000
60,708,150
20,106,650
50,285,500

144,2-0,*00
34,920,700
111,534,800
16,078.000
214,196,100
161,549,400
111,058,100

244,244,250
8?,450,600
49,441,900

1.021,332.450

$785,831,150

26.715,500

199,079,300

21,387,300

paid annually in March.

denominations of each issue of bonds

are as follows: (a)
Coupon,
$1,000, registered $5,000. (b) coupon $1,000, registered $1,000, $5,000, $10,000,
(c) $50, $100 and $500. (cl) coupon, $50. $100, $500 and $1,000, registered, same
and also $5,000 and $10,000.
On the above issues of bonds there is a total of
$4,110,426 of interest over-due
and not yet called for. The total current accrued interest to date is
$21,259,162
Debt Bearing Interest in Ijawiul Money.

earnings
Expenses

$155,684

$131,573

66.061

$948,877

85,767

680.8'. 0

Net earnings

$69,623

$45,806

$268,607

$196,609

$419,935
170,3(JJ

$346,661
191,591

$2,595,295
1.573,224

$2,276,693
1,344,918

$249,6:35

$155,0 0

$1,022.0; 1

$941,975

3s, Navy pension. Act July 23,'’68, Int. appl’d only to pens'ns $14,000,000 $140,000

$123,497

$157,424

86,297'

91.118

$1,188,031

$1,255,0'1

$37,200

$46,308

$338,851

$493,015

Wiiicli Interest Has Ceased Since
Maturity.
total amount of over-due debt yet outstanding, which has never
been presented for payment, of $15,026,370 principal and
$397,815 interest. Of
this amount, $14,283,oOJ are on the “called” five-twenties.

$7,737
10,507

$14,591
9,953

$139,213

$134,415

$4,633

$25,472

Kansas Pacific.—
Gross earnings.

Expenses

..

Net earnings
Nashville Chatt & St. LouisGross earnings
Oper. expenses, incl. taxes...
...

Net earnings

799,130

$997,689
801,0.0

762,046

Principal. Interest

Debt

There is

on
a

Paducah & MemphisGross earnings
Operati ng expenses

Net earnings

def. $2,770

...

113,741

Debt Bearing: no Interest.

92,693

Gross

Old demand notes....

earnings

Operating

$28?,084
193,331

expenses

Net earnings.

$322,896
186,286

$2,025,8^0
1,477,171

$94,753

$133,610

$518,719

$409,819
197,911

$421,604

$2,926,732

fit. Louis Iron Mt. & South.—
Gross

earnings
Operat. and general

expenses

Net earnings

$211,908

earuirgs

$62,933

Operating expenses.
Net

earnings

St. L. &
Gross

Operating

expenses

Net earnings
St. L.& South’st.—Tenn.DIv.—
Grose earnings

Operating expenses

180,776

$240,823

1,772,760

$1,153,972

earnings
Operating expenses

Sioux City & St. Paul—

$26,200

$114,709

$32,347

$29,047

26,577

22,106

$258,583
217,479

$240,395

$5,770

$6,933

$41,104

$43,295

$14,797

$14,387

$125,245
95,146

$113,177

$414,191
341.292

$102,899

10,251

93,741

$4,138

$30,C99

$19,436

$52,019

$61,720
33,911

$43V316
280,309

$349,236
252,809

$27,809

$149,947

$96,417

«
-

expenses

earnings

$30,413

$42,223

25,161

23,942

$5,257

$18,2S6

$266,148
199,655

$66,493

Southern Minnesota—
Gross

earnings
Expenses, &c

earnings

$34,538
25,677

$8,861

$200,826
163,787

$37,039

$123,351
41,633

$490,875

$125,624

243,933

272,434

$81,663

$216,937
$153,190
Extraordinary expenses, which are included in this item
amounted to
$18,6 iJ in September, 1878, and $38,173 in September. 1877.
+ Includes $10,500 extra
expenses, caused by severe washouts.
The following August figures have but
recently come to hand:

Updating expenses
Net

earnings..




|

1S7S.

■)

Coin certificates

Silver certificates

Prior to 1869.
Series of 1869
iSeries of 1874
iSeries of 1875
•Series of 1878

$18,312,581
135,435,803

July 17,’61
Feb. 25, ’62
July 11, *62
Mar.
3, ’63

8, ’72.

July 17, ’62
Mar.
3, ’63
June 30, ’64

August.
3877.

Jan, 1 to Aug. 31.—
1878.
1877.

$466,162
181,185

$2*5 572
1)0,780

$*,304,29?
1,192,040

§284,977

$141,791

Suljissi “$664^036

*1 47Q ?85

€15*329

Total.

$62,065

Feb. 12, ’62

deposit.. June

Fractional currency

Amount.

34,936,«64
137,552,320

20,413,445

f (First...

4,257,379

{ iThird...

3,111,268
3,009,197
3,930,542

Second

Fourth.
Fifth...

1,8:2,806

|Mar.

3, ’63.
jFeb. 23,’78.

346,681,016
35,840,000

16,211,193
32,808.000

2.703,350

Aggregate of debt bearing no iinterest.

$434,310,624

Unclaimed interest

9,547

Recapitulation.
Amount

Outstanding.
Debt bearing Interest
Bonds at 6 per cent
Bonds at 5 per cent
Bonds at 4% per cent

$.693,396,950
703,266,650

250,000,000
160,530,000

Bonds at 4 per cent
Total debt bearing interest in coin
Debt bearing Interest in Lawful Money—
Navy pension fund at 3 per cent
Debt on which Int. has ceased since Maturity.
Debt bearing no Interest—
Old demand and legal tender notes
Certificates of deposit....
Fractional currency
.*
Certificates of gold deposited.
.

Total debt

Interest.

Coin—

in

bearing no interest.

1,837,163,600

$28,869,599

$M,o'o.on15,026,370

$140,000
397,815

$346,743,081
35,840,006
16,211,193

35,516,350

$434,310,624

Unclaimed interest

*

Atchison Topeka & Santa Fe.—
Gross earnings

j

Issues.

197,100

$2,782

$14,835

earnings

Operating

Net

$1,35S,575

$22,353

353,550

Certificates of

1,616,656

40,405

37,184

Net earnings

Net

$3,005,231

$468,259

fit. Panl & Sioux CityGross

Legal-tender notes...

$637,832

$64,661
38,461

12,015

Net earnings

Gross

$2,168,652
1,530,820

Southeast.—Ky.Div.—

earnings

Acts.

•

St. L.&?outheast.— St.L.Div.—
Gross

Authorizing

Character of Issue.

$41,722

Philadelphia & Erie-

<

$331,392

earnings

Debt

27,036

$579,819

—

Clev.ML Ver.& Del.and Brchs—
Gross earnings
Operating expenses

$30,739
'

<

The

$l,r'8\123

$111,287

275,430

—

ross earnings
Operating expenses

Chicago Burlingt’n & QuincyGross

$606,822

Net earnings

$240,307

$430,933

$981,089
491,253

Expenses

569,502

$443,525
219,523

42,403

Gross earnings

$352,186

$819,809

$123,147

55,033

earning3

Grand Rapids & Indiana

r-Jan. 1 tc) Aug. 31.—»
1878.
1877.

-\

1877.

$166,320

Expenses....

15<

Burl. Cedar Rapids & North.—
Gross earnings

Eurl.& Mo. Riv. in NebraskaGross earnings
:.

,—Jan. 1 to Sept. 30.—*

$63,405

August.

,
.

The statement below gives the gross earnings, operating expenses and net
earnings for the month of September, and from January 1 to Sept. 30, of all
the roads that will furnish statements for publication:

9,547

Total
$2,270,500,595.
$28,916,961
Total debt, principal and interest, to date,
including interest due
not presented for payment
! 2,299,417,557
Amount in the Treasury—
.

Coin

Currency
Currency held for the redemption of fractional currency
Special deposit held for redemption of certificates of deposit
as provided by law....
Total

Debt, less amount in the Treasury, November 1, 1878.
Debt, less amount in the Treasury, October 1, 1878...
Decrease of debt during the past month.
Decrease of debt since June 30, 1878.
...

227,666,227
1,711,246

10,000,000
35,840,000

$275,2-7,473
2,074,200,033
2,025,903,485

$1,703,402
ll.5-6.7i8

THE CHRONICLE.

November 9, 1878. j
Bonds Issued to tlie Pacific Railroad

Companies, Interest

Payable In Lawful Money.
Interest

Inte/est

Amount

paid by

Outstand’g.

United St’s

repaid by
tr’nsp’t’n.

Character of Issue.

Central Pacific
Kansas Pacific
Union Pacific
Central Branch, Union Pacific..
Western Pacific
Sioux City and Pacific

Balance of
Int. paid

$64,623,512 #39,835,039

10.416.104 #29,418,935

The Pacific Railroad bonds are all issued under the acts of
July 1,1862, and
July 2, 1864; they are registered bonds in the denominations of $1,000, $5,000
and #10,000; bear 6 per cent interest in currency, payable January 1 and
July 1,
and mature 30 years from their date.

Tlie

following is

a

comparison of the condition of the Treasury

November 1, 1877, and November 1,1878:

Other

outstanding coin liabilities

Reduction of debt for October
Reduction of debt since July 1
Market value of gold

ON—

Paris
Paris
Berlin

TIMS.

RATE.

DATE.

TIME.

short.

25.30 ’■ ©25.40
25.55 @25.62*4
20.79 @20.83
20.78 @20.82
20.79 @20.83
25.65 @25.70

Oct. 25.

short.

3

mos.
44

<•

Hamburg
Frankfort

Ik

r

....

44

Antwerp
Amsterdam.
Amsterdam
Vienna
Genoa

..

...

short.

12.2*4 @12.3#
12.5# @12.6#

3 mos.

37,462,000
131,022,843
33,546,200

35,840,000

Calcutta

44

Bomoay

60

days.
mos.

11,586,743

608,318,5^5

UO-25

!
I

433,530,682
725.256.947

•

•

20.50
20.50
20.5.0
25.36
12.05

mos.

short.
44

!<
J

....

Oct. 22.

3

.

days.

U.
18.

.

.

.

•

•

•

•

•

•

*

*

6*id.
b%(l.

.

....

Oct. 22.
Oct. 25.
Oct. 2.
Oct. 24.

Oct. 24.
Oct. 23.
Oct. 23.
Oct. 22.

[From our

117.50
*7.45-

own

47.75

mos.

....

3 mos
60 days.
90 days.
6 mos. Is.
44
is.
44
44

3

5*.

mos.

21 l-‘6

4.82#
23#

7%d.^

rupee

7ytd.
rupee
'3*. 8 #d.‘
2#cf. pr. tael.
95#

correspondent.!

London. Saturday, October 26, 1878.

2,(24,200,03
1.708.002

3

@28.40
46# @46*4

39.675.361

102-25

468.273,259

.

14,285,600
4.653,934
346,6S1,0!6
16,211.193

12,807,522

Imports (12 months ending Sept. 30),...
Exports (12 months ending Sept. 30).

Hong Kong..

•

....

short.

Oct. 25.
Oct. 25.
Oct. 25.
•

25.32*4

•

3 mos.
short.

46*4@46#
51#@51#
23# @23*4

4 i

Shanghai
Alexandria....

Oct. 25.
Oct. 25.

RATE.

28.35

41

90
3

•

Oct. 25.
Oct. 25.

28.35

44

....

@23.40

12.12#@12.17*4

41

...

227.666,227
35,516.350
192,149.S77

EXCHANGE ON LONDON.
LATEST

10,000,(00

$1,711,216

97,479.6; 3
23,*90.900
4,864,4!4
354,490,892
13,332,574
36,651,850
2,017,330,700
4.236,554

Outstanding legal tenders
Outstanding fractional currency
Outstanding silver coin
Total debt, less cash in Treasury

LONDON—
OCTOBER 25.

9,444,569

18:8.

#15,950,632

Special deposit of legal tenders for redemp¬
tion of certificates of deposit

Outstanding called bonds

riJLUJtlANMK AT

Madrid
Cadiz
Lisbon
St. Petersburg.
New York
R.o Jauiero....

currency..

Coin
Coin and silver certificates
Coin, less coin and silver certificates

AT LATEST DATES.

Naples
1877.

Currency
Special fund for the redemption of fractional

KATIES OP BACH AN 0-12 AT LONDON AND ON LONDON

by U. S.

$25,885,120 $15,687,019 $2,453,438 $13,278,581
6,303,000
4,238,433
2,523,554
1,714,878
27,236,512 16,186,896 6,(82,633
20,704,263
1,600,000
1,069,808
69,748
1,000,059
1,170,560
1,077,030
9,367
1,067,713
1,628,320
975,801
81,038
894,762

Total

I^Xmictargl (Commercial gtigXisTt 3Xcws

Numerous failures have been recorded this week; but
they
were all
anticipated, and no evil effects have been occasioned.
The

suspensions

must

lead

to

are

for heavy amounts, and in

a

certain circle

much trouble ; but. there is still every reason to

believe the

UNITED STATES TREASURY STATEMENT.
The
Oct.

following statement from the office of

31

has

been

issued

this

week.

It

the Treasurer for
is

based upon

the
Treasurers, depositaries and super¬
intendents of mints and assay offices.
The delay in issuing it
arises from the time faken in getting returns from distant offices.
actual returns from Assistant

LIABILITIES, OCTOBER 31.

opinion entertained by many influential firms, that
collapse of the City of Glasgow Bank would not bring about
widespread disaster, will be verified. During the present week
there has been a decided revival of confidence,
though it has not
the

led to much increase of business.

what

describe

In bank share?, there has been

panic, but which is certainly calculated
unfortunate to those timid holders who have, for an
unknown reason, been recklessly parting with their
p operty.

to

some

as

a

prove

The

disastrous result of the business of the City of
Glasgow
Bank, and the heavy calls which will have to be made upon the
shareholders, in order to meet the liabilities the directors have
incurred,
have frightened the holders of shares in the older banks
Disbursing officers’ accounts—
with
unlimited liability, and prices have in consequence,
TrpTKnrv
J $803,327 27 CO'n.
803,327 27’
treasury r.fflpptj
offices
experi¬
-j 115;j~ 284 5S cnr>
enced a very heavy fall.
National banks
14,2S3,253
91
These holders seem unable to reason
2,775,969 33 cur.. \
Fund for redemption of notes of national ba -ks
that because one bank has been
mismanaged, that the directors
“failed,” “in liquidation,” and “reducing circu¬
of other institutions are
lation”
equally culpable, and they also forget
9,607,988 00
that in times of distrust like the
Five per cent redemption fund—
present, the investing publie
United States notes
$10,235,320 02 )
are not
very anxious to subscribe to bank shares, The point to
National bank notes
11,047,9 0 05
3,762,580 03 f
Secretary’s special deposit account
which prices have fallen, however, has been
15.974 94
25 25
attracting the atten¬
Currency and minor coin redemption account
3.J 70 H4
tion of buyers, but not to a sufficient extent to absorb the
Interest account
194,368 00
8,310 00
large
Interest account, Pacific Railroads and L. & P.
numbers of shares which have been
Canal Company
thrown
recklessly
upon the
2.4°0 00
Comptrol’er of the Currency, agent for creditors...
market. The maiket f r gas shares has also been
56,232 05
43
747,5.8
veryTreasurer United States, agent for paying interest
on D. C. bonds
depressed.
The
electric
light
question
is
a
3,217 59
very
prominent
24,186 96
feature of discussion, and the holders of such shares have been
Treasurer’s transfer checks outs’anding—
Gold
$635,461 83 }
selling largely at a time when buyers are doubting if it is wise
639,323 37
Silver
;....
3 865 48 f
to make
Currency
1,530,543 85
purchases. It is not known to what extent Mr. Edison^
1,539,513 85
Fund for redemption of na'ioual bank gold notes..
1,729 00
ha3
been
successful in applying the electric light to
Treasurer’s general account—
thoroughly
Special fund for redemption of
practical purposes ; but numerous experiments are being made in
fractional currency
#10 000.000 00
Balance
6,9:4.816 14
London, and those qualified to express an opinion say that it will
16,984,816 14 be only possible—unless Mr. Edison has made a
grand discovery
Treasurer's general account—
—to make use of it for
Interest due and unpaid
illuminating large open spaces, which are
$4,110,436 73
Cal cd bonds and interest
14,713,663 66
numerous in large towns such as exist in this
country and on the
Coin certiflca'es
35,516,350 0)
Continent. In front of the Mansion House in this
Balance, including bullion fund..173,637,436 43
city there is a
227,977,886 S7
large open space, which up to a late hour at night is crowded
$229,676,156 31 $94,856,525 13 with vehicular traffic; and it has been decided by the Court of
Common Council, this week, to make the
ASSETS, OCTOBER 31.
experiment of lighting
this important thoroughfare by
Coin.
electricity. The Metropolitan
Currency.
Gold coin and bullion
Board of Works are also trying experiments iu several
$140,872,154 79
$....
parts of
8 andard silver dollars
13.3:0,043 00
*‘**67,5:8*09
Silver coin and bullion
London, and there seems to be no doubt that the application of
13,302,3 6 53
Gold certificates
9.901,520 00
the electric light will be made to the open
Silver certificates
spaces in which
2,639,560 00
National ba- k gold notes
increased light is necessary to the public convenience and
1,720 CO
safety.
Fractional currency redeemed iu silver....
68,667 14
But we have yet to learn that there is
Quarterly interest checks paid
65,660 45
any economy in the proc¬
Registered and unclaimed interest paid....
47,086 65
*’*S,100*00 ess, or that the electric current can be broken at fixed points at
U. S. bonds and interest.,;..,
4,104,679 78
Deficits, unavailab e funds
which a light is necessary. This is supposed
fi,7< 3 36
to be Mr. Edison’s
722,492 58
Deposits held by national bank depositaries
45,3:6,054
71
10,203,428
12
secret, which he is now in the act of patenting in this country;
United States notes
64.175,',05 84
U. S. notes (special fund for redemption of
and naturally the shareholders in
gas companies are anxious to
fractional currency)
lO.OCO.OfO 00
National bank notes
know if such an important result has been attained.
The gas
6,368.728 70 I
Silver coin received in lieu of
currency....
1,372.867
i
9
Fractional currency
companies have, however, yet to act their part; gas shares have
81.576 98
Nickels and minor coin*....
for many years been paying large
1,435.034
58
dividends, viz., 10 per cent per
New York and San Francisco
exchange
241,000 00
Interest on District of Columbia bonds
annum, with safety. At the present time, the price of gas in
162 64
Redeemed certif’s of deposit, June 8, 15?2.
180,000 00 most parts of the country is 3s. 6d. per 1,000 feet, and it is
#229,676,150 31
$94,556,525 13 thus evident that companies can make a large reduction in
Coin.

Fund for redemption of certificates of
June 8, 1872
Post-office Department account




deposit,

$

...

**

........

..

...

.

Currency.

$
35,840 000 0O
1,758 132 21

478

THE CHRONICLE.

[Vol. XXVII.

their

charge, and still pay a good dividend on tlieir ordinary
capital. Even if the electric light should prove to be a success,
great difficulties will have to be encountered in
The gas companies have all their

introducing it.
machinery for supplying the
public in working order, and the expense of a
change—which

would be

complete revolution—would be enormous. The com¬
panies would, no doubf, reduce their price, and
improve the
quality of their gas; and as the adoption of any change would
entail

a

a

heavy

with the
to be very

new

expense on every householder who

was

light, the

Blow.

only

likely
lighting

a few years ago, but only in a few cases have the
compa¬
nies proved to be successful, and these have
not interfered with
the gas companies, as
they have been chiefly devoted to the
improvement of ships’ and other similar lights. For
"many
reasons, it is to be hoped that the electric
light wiil be applied to
practical purposes. But the possibility of this does not
certainly
justify the shareholders in selling their property without
judg¬
ment and without
thought.

During the week
of England gained

silver.

Silver, fine

There
sale

on

was no

d.

d.

per oz. standard. 49 0-16 ® 49#
peroz. standard. 49 15-ltk& 50
peroz.
43#
®
peroz.
® ....
Discount, 3 per oent.
....

...

Quicksilver, £6 15a. Od.

allotment of India Council bills

at

the

Wednesday.

Annexed

are

the current rates of discount at the

foreign markets

weekly

principal

:

Bank

smitten

progress of any new company is
had a mania for a new system of

We

Bar

Bar Silver, con’ng 5 gra. Gold
Mexican Dol'ars
Five Franc Pieces

Open

rate,

Paris
Brussels
Amsterdam
Berlin

mark’t.
p. c.
p. c.
3
S

St.

4*

Vienna and

4
5

Hamburg

Frankfort

5

Leipzig

5
4
4

Genoa
Geneva

6
6

..

4
4

Copenhagen

mark’t.

4* 4*

celona
Lisbon and Oporto....
New York
\
Calcutta

4*@4*
4*®4H

Open

rate,

p. c.
p. c.
6
41* as

Petersburg
Trieste...
Madrid,Cadiz and Bar¬

4*@4*
3*<&4
4*<d4*

Bank

6^7
t>@7
4#(g>6

-g, *

4

4@4*

4@4*

The

following failures have been rsported this week: James
Sawers & Co.,
Liverpool, West Coast of South America trade,
liabilities about £300,000; James Morton &
Co., Australian

merchants, Glasgow & London, liabilities, £2,300,000; Matthew,
Buchanan & Co., merchants,
Glasgow, liabilities, £1,250,000;
the return itself shows that there has
been an increase of Colin H. Dunlop & Co., sewing cotton manufacturers,
Glasgow,
£893,701. Coin has been wanted,
therefore, for provincial liabilities, £28,000; Couper, Scott & Co., liabilities, £60,000.
The liquidators of the
circulation, but in much smaller amounts. The circulation of
City of Glasgow Bank have announced
notes and of bank post bills has been
a call of £500
per £100 stock, payable in two equal instalments
augmented by £254,414,
and the total increase in the reserve
on December
does not exceed £048,946.
22, and February 24.
The return exhibits,
Ou
the
Stock
nevertheless, a greater degree of confidence,
Exchange political affairs have exercised an
and it is now
hoped that a steady improvement will take place. adverse influence. At one period of the week, there was a better
It is not long since the
City of Glasgow Bank suspended payment, tone, owing to a more confident feeling which prevailed with
and any immediate revival could not
be expected.
Considering, regard to financial affairs in this country; but the latest news
however, the magnitude and disastrous results of that failure, it from Constantinople and Vienna has not only checked
any
must be admitted that the
unfavorable rumors in circulation improvement, but has produced a downward movement in several
embraced in the last Bank return, the Bank
a eum of gold amounting to
£1,004,000; and

,

have been lewer than usual. Additional
failures are
expected;
but there is no reason to believe that
they will be outside the
circle of the business of the
City of Glasgow Bank. The propor¬
tion of reserve to liabilities is now 29
43 per cent, against 27'09
per cent last week.
No change has been made
by the directors of the Bank of
England in their rate of discount, which remains at G
per cent.
There has been a fair demand for
money throughout the week,
but the increase in “ other securities ” at
the Bank of
does

not exceed

£287,438

obtainable under 6 per

quotations.

England
Although very little accomodation is
cent, the tendency is towards lower

The prices of

money are as follows.

Per cent. ]

Bank rate

6

'Open-marketrates:
30 and 60days’ bills
3months’billB

Open-market

1
|

rates:

Per cent.

.4 months’ bank bills

5*@6
5*(&6

6 months’bank bills.
4 and 6 months’ trade

!

The rates of interest allowed
discount houses for deposits

bills. 5X&QX

by the joint-stock banks

and

Per cent.

Annexed is

Bank of

a

414
4^

4%
4\

statement

showing the present position of the
rate of discount, the
price of Consols,
quotation for English wheat, the price of
middling

England, the Bank

the average

upland cotton, of No. 40 mule twist, fair second quality, and the
Clearing House return, compared with the four

Bankers’

pre¬

vious years:

1578.

Circulation, including
£
bank
30,366.368
bills
post
Public deposits
2,929,211

•Other

deposits
27,809,388
Government securities. 16,337,6:2
Other securities
23,311,846
Rceerve of notes and

coin
9,166,261
Coin and bullion in
both departments
24,247,843
Proportion cf reserve
to liabilities
29-48
Bank-rate
6 p. c.
-Consols
...

English wheat,av. price
Mid. Upland 00'ton...

»4*

39s. 3d.

6*d.

No. 40 mule twist
9*d.
Clearing House return. 81,414.000

1877.

1876.
£

£

1875.
£

1874.
£

28,025,244

28,399,356
5,543,444

10,102,505

19,653.739

10,641,171

9,596,616

22,693,630 33.191,869

23,907,001

21,341,381

23,663.364 27.126.620
3,938,276
3,566,3*'5
3,615,366
21,801,793 29,488,402 21,896,180 21,091,174
15.H3.604 17,202,925 13,191,095 14,041,632
18,581,766 16,162,037 19,692,623 19,114,406

38*36

55-53

5 p.c.

2 p. c.

96*

4 p. c.

95*

94*

52s. 9d.
6 9-16d.

10* d.
84,478,100

0

45s. 9d.
i5-16d.
led.

80,313.100

4 D.

c.

91%

46s. 8d.
7 1-10d.

45s. Id.

10*d.
82,012,000

Is. 0*d.

7#d.
63,423,000

Gold has been

arriving in considerable quantities from Paris
daring the week, but the tendency is now less favorable, and it

is

expected that the movement will soon cease. The silver
market has been very dull, and business
has been done at 49£d.

per ounce.
ounce.

The

The price of Mexican dollars has fallen
lfd. per
following are the present quotations for bullion :
GOLD.

Bar Gold, line
Bar Gold, refinable

Spanish Doubloons
South American Doubloons

United States Gold Coin
^German gold coin




per oz. standard.
per ez. standard,
per oz.
per oz.
peroz.

peroz.

8.

d.

77

9

s.

<Q

77 10*@
74 6 %
73 9
56 3*@

76

3*©

d.

still

possible.

A Cabinet Council

discuss the Indian

Europe.

To

an

summoned yesterday to
difficulty, and also the position in Southeastern

Afghan

war

we

was

are

no

the difficulties which have
and Turkey will, no

doubt committed, and

recently cropped up between Russia
doubt, be arranged; but these are

unpleasant incidents in times

like the

present, when every

encouragement is required to foster a better spirit in trade. We
meet, .however, with successive discouragements, and it is
impossible to say when the period of revival will take place.

Russia is just now exhibiting a bit of bravado
her government towards
Turkey, and on the

the part of

on

part of her press
She is, however, greatly in want of
money, and her Finance Minister is visiting each
Earopean
capital having any pretension to be called a financial centre,
with a view to floating a new loan.
The proposal is understood
to be to secure the loan to the subscribers
upon a tobacco
monopoly, or to hypothecate certain woods and forests; but it
seems that the negotiations make Blow
progress. It is said that
the Rothschilds are unwilling to assist the
operation; and tha.
the loan will not be introduced upon the London Market. It is
probable, therefore, that Russia would-be desirious of avoiding a
long war which would certainly bring financial ruin upon her.
Ht-r government is now hankering after the
indemnity which it
hopes to squeeze out of Turkey, or, at all events, it is endeavor¬
ing to obtain a bond, which some day or other may be made a pre¬
text for acquiring more
territory. The Saltan and his government
have, it is said, agreed to the proposal of the British government
with regard to the necessary reforms in Asia
Minor, and the
administration of the law and police, as well as of the
finances,
is to be supervised, if not conducted,
by Europeans, introduced
by this country and approved by the Sultan. It is evident,
therefore, that we come to close quarters with Russia, and it is
desirable, therefore, that the government of this country and
that of Russia should understand each
other, which seems to be
practicable, if the difficulties which exist are approached in a
dispassionate and considerate manner. Lord Beaconsfield has
said that there is room for both, and it is
desirable, therefore,
this country.

that both nations should be frank.
Annexed are the closing prices of Consols and the
American securities:
Redm.

Consols

United States 6«
5-20s

....
....

Do

4s

..

negotiations in progress between Russia

Turkey, respecting the San Stefano treaty, which had been
almost forgotten, but not
by Russia, and the ill feeling which
seems to have been
engendered have led to the belief that war is

Do
Do
Do
Do
Do

.

....

The

and

towards

are as follows:

Joint-stock banks
Discount houses at call
Discount Ponses with 7 days’ notice
Discount houses with 14 days’ notice

classes of securities.

1867, 6s

;..

.....

funded, 5e...
10-408, 5s

funded, 4*8

...188!
...1885
...1887
...1881
...1904

...1891
...1907

principal
Oct. 26.
94 @ 94*

109#@110K

104

&1C6

107*^107*
105#® 106*
107

<ai98

104*1>105*

191

®1C3

November 9,

THE CHRONICLE.

1878.j

Redm.

Lonialana Levee, 8s
Do
6s
Massachusetts 5s
Do
5s
Do
5s
Do
Do
Do

42
101
106
105
105
104
104
"28
25
1905
53

1838
1894
1900
1889
.1891
1895

5fl
5s
5s

Virginia stock 5s
Do
Do

Oct. 26.
4i @52

1875

6s

New funded 6s...

their wages of 30 or 40 per cent. Mr. Ashton also
pointed out
that if the operatives absolutely worked for

@52
@103
@108
@107
@107
@1C6
@106
@32
@ 30
@56

between cotton and yarn was so
which

,

Pennsylvania & No. Cent Railways)

The fourth series of
fixed to

date

1911

1911

88
76

Burl. Cedar Rap. & No. RR. of Iowa, 1st mort
Canada Southern 1st mort. new issue, guaranteed for 20
years
from 1876 by N. Y. Central.
1903
Ceutral of New Jersey shares
Do
cons, mort., 7s
1899
Do
f ex funded coupons, from
April 1,1817, to July

Do

Land grant bonds, 6s

68
107

@70

1896

,,...1892

88

1890

89

97
40

@92
@91
@96
@99
@ 50

40

@ 50

1875
1875

18

1904

191.1

Illinois Central, $100 shares.
Do
Bonds, 6s, 1st M. Chic. <fc Spr gf
1898
Lehigh Valiev, consolidated mortgage, 6»
1923
Marietta & Cin. Railway, 1st mort., guar., 7s
1891
Missouri Kansas & Texas, l*t mort., guar, gold bds,
Eng.,7s.l9U4
New York Central & Hud. Riv. mort. b’ds, 7s
New-York Central $100 shares
Oregon & Califotnia, 1st mort., 7s
1890
'do Frankfort commit1 e Receipts, x coup
—

...

Pennsylvania, $50 shares
Do.
Do.

@19

1st mort., 6s
consol. sinK’g fund mort. 6s

Philadelphia & Reading $50 shares
Pittsburg Fort Wayne & Chicago equipment bonds (guar, by
Pennsylvania R. R. Co.), 8s
Union Pacific Land Grant 1st mort., 7s
Union Pacific Railway, 1st mortgage, 6’s

1880
1905

1889
1898

25
27

@27
@ 29

27

@ 29

»

—@
58 @60
89 @91
78 @80
102 @104
ICO @102

...

.@

44

Cape

guar,

by Penn. R’y Co

....

@ 47

120*@12!*
@
@40
29 @31
33 @ 34
163 @105
97 @99
13 @14
35

106, @108
105 @107
108 @110
92

@91

@
....@

During the week ended Oct. 19, the sales of home-grown
principal markets of England and Wales

wheat in the 150
amounted to

57,531 quarters, against 51,994 quarters last year;
that in the whole Kingdom they were
230,250 quarters, against 208,000 quarters in 1877. Since harvest
the sales in the 130 principal markets have been
4G1.830 quarters,
against 394,407 quarters; and it is computed that in the whole
Kingdom they have been 1,847,320 quarters, against 1,577,750
quarters in the corresponding period of last season.
Without
and

....

@45
@18
@23
23 @28
105 @107
105 @107
106 @108
86 @ 88
25 @30
104 @106
@
88 @ 90
77 @ 81

....

...@
95 @ 98
79 @80
.

....

89 @91
....@
60 @62

Advices from the

manufacturing districts state that in all
directions each day adds in an important degree to the number
cf mills stopped or making short
time; and that employers in
vened

a

and Northeast

Lancashire have

con¬

meeting to consider the position of the trade, and, if

found necessary, to enforce a reduction of ten
per cent.
Last night a largely-attended meeting of

employers and
representatives of limited companies was held at the Oldham
Lyceum, to consider the question of reducing the wages of the
operatives. The meeting was the largest of its kind that has
ever been held, and was
well attended by limited companies.
The chair

occupied by Mr. Robert Whitaker, J. P. of Royton, Oldham. After discussing the question for an hour and a
half the meeting came to the conclusion to reduce the
wages of
the operatives 10 per cent.
Whether the reduction will bs
aequieeced in by the operatives it is impossible to say; but it is
rather significant that in a discussion on
Thursday evening upon
over production and
foreign competition in the King street
Co-operative Society’s Rooms, Mr. Thomas Ashton, the operatives’
secretary, stated that the only remedy for the present depression
in trade was a curtailment of
production—that is, working short
time. Other speakers adopted a similar
view, and it may be
remarked that the operatives generally have the same
opinion.
The working class shareholders who are not
factory operatives
point out to the operatives that it would, be better to accept a
redaction than run short time, which would mean a
lessening in




was

it

•

is

estimated

reckoning the supplies furnished ex-gran&ry, it is estimated that
the following quantities of wheat and flour have been
placed
upon

the British markets since harvest:

Imports of flour
Sales of

1877.

cwt.

cwt.

cwt.

cwt.

8,115.685

5,761.745
8 13,257
7,8.7,600

11.210,551

14,472,582
179,2(1

18,809.613
62,875

14.293,291

18,746,738

40s. 7d.

47s. 3d.

1,036,2:3
8,605,00)

home-grown produce

Total

Exports of wheat and flour...

1878.

.

.

1676.

952,401

6,836,600

17,651,264
452,388

16,201.592

42s. 6d.

season

873.062

6,726,000

327,792 \
15,8:6,800

Aver, price of Eng. wheat for

1875.

57s. Od.

The

42
15
23

....

100,212

;

Result

1910

Atlantic & Gt. Western consol, mort., Bischoff. certs,
(a), 7S.1892
Atlantic & Gt. W. Re-organization 7s
1874
Do.
do.
leased lines rental trust, 7s
1902
Dc.
do.
do.
1873, 7s
1903
Do.
do.
Western exten., 8s
1876
Do.
do.
do. 7s, guar, by Erie R’y...
Baltimore & Ohio, 6s
1895
Do.
6s
‘
1902
Do.
6s
1910
Do.
5s, 1S77
1927
Cairo & Vincennes, ?»
1909
Chicago & Alton sterling consol, mort., 6s
1903
Chicago & Paducah 1st mort. gold bonds, 7s
1902
Cleveland, Columbus, Cin. & Ind. con. mort
...1913
Eastern Railway of Massachusetts, 6s
1906
Erie convertible bonds, 6s
1875
Do. 1st cons, mort., 7s
1920
Do. ex recons, trustees1 certificates of 6
coups
Do. with reconstruction trustees1 certificates of 6
coupons,
funded
/
Do. 2d consol, mort. 7s
1894
Do. reconstruction trustees1 certificates

the cotton trade in North

36,935

Total

AMERICAN STERLING BONDS.

Allegheny Valley,

193

11,651

mands full terms.

1G*@ 16V

.

373

.

of prices. The quality and condition of the English
supplies are still very inferior, but the trade, even for fine parcels,
is slow, at barely late rates.
Foreign importations continue
liberal, and millers purchase only for the supply of their more
immediate necessities.
Fine barley is still very scarce, and com¬

11#@ 12V

...

17,053

11,521

......

@109

9i
—

Bales.
22.435

low range

@ 78

Do
do
do
$4 paid
Do preference. 7s..
Do reconstruction trustees1 assessm't,
$> Da>d
Do
Co
$2 paid
Do convertible gold bonds, 7s
'
Do reconstruction trustees1 certificates, 7s
Galveston & Harrisburg, 1st mortgage, 6s

are:

Victoria
Adelaide
Swan River
Tasmania
New Zealand

@ 90

@30
@ 85

Detroit & Milwaukee 1st mortgage, 7s
Do
2d mortgage, 8s
Erie $100 shares
Do reconstruction trustees1 assestsm’t,
$5 paid

public colonial wool sales for this year is
Tuesday, 19th November. The arrivals to

commence on

@75

76

Chicago Burl.& Quincy sinking fund bonds, 5s
Del. & Hud. Can. mortgage bonds, 7s..

are

The trade for all descriptions of cereal
produce continues very
dull, and difficulty is experienced in maintaining even the present

28
80

.

DoCalifor.&Oregon Div. 1stmort.gld.bds,6s

the losses that

cover

Sydney and Qaeeneland

by

1, lb?9, inclusive

labor, would not

being sustained.

@ 97
20 @ 22
7 @ 9
3 @ 5
21 @23
8 @ 10
3*@ 4#
23 @ 30
28 @ 30
84 @ 86

1905

Central Pacific of California, 1st mort., 6s

the cost of

was

a

95

Do
Do
Do

1st mort. Trustees’ certificates
2d
do
do
3d
do
do
Atlantic Mississippi & Ohio, Con. mort., 7s
do
Committee of Bondholders1 ctfs
Baltimore & Potomac (Main Line) 1st mort, 6s....:
do
(Tunnel) 1st mortgage, bs. (guar,

nothing the employ¬
profit, because the margin
small that even Id. per lb.

would not be able to work at

ers

AMERICAN DOLLAR BONDS AND SHARES.

Albany & Sasqnehanna cons. mort. 7s, Nos. 501 to 1,500, in¬
clusive, guar, by Del. & Hud. Canal
1906
Atlantic &> Great Western 1st M., $1,000, 7s
1902
,Do
2d mort., $1,000,7s
1902
Do
8<1 mort., $1,000
1902

479

following figures show the imports and exports of cereal
produce into and from the United Kingdom since harvest, viz.
from the last of September to the close of last
week, compared
with the corresponding period in the three
previous years:
IMPORTS.

4878.
Wheat

cwt.

8,r.39,99l
2.6»0,156
1,724,231

Barley
Oats
Peas

Beans

246,475
6,299,236
1,006,273

Floor

1876.

1875

5,761,745
2,"18,4.9
1,773,683
157,7?0

!1.2.0,55

7,722.598
893,237

1,254,587
1,644,333
83,132
576,78?
3,956,162
873,062

170,395

6M67

2,125
11,082
2,3 d

36,881
1,479

2 078 528
174,08;
707.92S

2 63.5^0

Indian Corn

1877.

8,415,6-5
1,751,382

.

819.878

4.553,632
95 J,407

EXPORTS.

Wheat

cwl.

4*5,933

Barley

322,560
18,829

17,238 '
11.822

Oats
Peas
Beans
Indian Corn
Flour

.

20.953

3,081

2,734

4.517

835

2.2b5

3.219

2,279

54,012

23,401
5,232

105.505
8,896

7,447
2,708

16,455

English Market Reports—Per Cable.
The daily closing quotations in the markets of London and
Liverpool for the past week, as reported by cable, are shown in

the following summary:
London Monty and Stock Market.—The bullion in the Bank
of England has increased £106,000 during the week.
Sat.

Silver,

per

Tues.

Mon.

Nov. 2.

Nov. 4. Nov. 5.

oz...7..d. 50*

jonsois for
“

money.
account,

.

50*

94 11-15

94 12--16 95 5-16
94 13--16 95*4

94*
tf.8.63 (5-20b) 1867.....10S*
H. 8. 10-408
1(8*
U. S. 5s of 1881
ice*
U. S. 4*s of 1891.... .105*
..

108* '
108*

.

Pennsylvania
Phila & Reading

ao&

.

.

81*

•

.

..

•

107*

106*
19*

19*
61/4
•

•

81
....

•

35
•

•

-

•

•

•

•

50*
95*
95 13-18

•

31*
13*

•

Thar.

Nov. 7.

•

•

Bat.
FI

d.

Suite)....Mbbl. 24 0
Wfeat, spring, No.ltf 100 tb 9 6
»ar

do
do

(extra

do No.2 new “
winter W. new **
Southern, new. “
Av. CaU white.. “

7 11

8

9

9

0

9

9

7
9

Corn, mixed soft, old, ¥ qr. 24
do prime, new
“
21

9

do
do
do

Cal. club

“

3

d
0
6

24
9
7 11
8 9
9 0
9 7
9 9
24 3,
23 B

0.

24

..

5-16

95

7-ltt

109*
106*

109*
10b*
107*

«

19*

19*

ei

80*

•

•

•

•

13*

0
6

95

10**

13*

d.

7-16

5)

10b*

84*

,

....

84*
13*

on cotton.

Wad.
a.

d.

24
9
8

U

Thru.
a.

d.

8

9
9
9
24

6
2
11
2
8
10
3

24 O
9 6
8 2
8 11
9 2
9 8
9 10
U %

0

Si

0

•i o

9
8 2
8 11
9 3
9 8
9 10

21
24

50*
95*
95*

....

Trias.

Mon.
B.

Fri.

Nov. 8.

JC6*

Liverpool Cottm Market.—See special report
Liverjjool Breadstuff* Market.—
e.

'

108*
108*
107*
lot*
20*
81*

108*4

107
106

.

Erie com stock
Illinois Central
N. Y. Central

1C8*

Wed.

Nov. 6.

8

Fri.
e.

21
9
6

d.

9

0
6
2
0
3

»

b

9

9X1
24
24

3
0

480

THE

CHRONICLE.

Liverpool Provisions Market.Mon.
s. d.

Pork, Western mees..^ bbl. 45 0
Bacon, longcl’r. new.$2 cwt. 31 6

Bacon, short ci’r,

“

new

33
66
34
47

Beef, j,riine mess
tc.
Lard, prime Westcwt.

Cheese, Ainer. choice.

“

45

6
0
0
0
0

33
06
34

47

Wed.

d.
45 0
31
6
32 6
66 0
34 0
47 0
s.

0

31

0
0
3
0

Tues.

Thur.

s.

d.

b.

45

0

31
32
65
34
47

6
6
0
0
0

45
3132
66
33
47

U.S. Bonds held as security from Nat.
B'ks.— Aug 31.
Bonds for circulation deposited
$6,8i5,500
Bonds for circulation withdrawn
6,64^.950
Total held for circulation
349 019’4?0
Bonds held as security for

Fri.

d.
0
6
6
0

9
U

8.

d.

43
31
32
66
31
47

0

deposits......

0

Tallow, prime City.. $ cwt

Spirits turpentine

Rosin,

.

.

common

Rosin, fine

“

4

9

“

10

0

Petroleum, refined.. $ gal
Petroleum, spirits....
“

Mon.
s. d.

Tiles.
s.

d.

s.

u.

37
23
4
10

37

0
0
9
0

37
23

0
0
9
0

3
0
9
0

23
4

10

....

Wed.

4
10

....

Thur.
d.
37 0
23 0
4 9
10 0

0
9

Total now on deposit,
Including liquidating
banks
.;
Retired under act of January 14,
1875
Total retired under that act to date

0

Fri
d.

s.

...

s.

....

Notes received for
New York
Boston
Philadel phia

....

Cmmixcrctat aixtlBXxsccJkxxicoxxs Jtcxxis.

General meichandice...
Total for the week..

Previously reported....
Since

1875.

1876.

$!,02i,6D8

$',876,570

2,287,9:0

1877.

5,673,510

S3,310,520
282,819,541

$7,550,090

paseed
14.1875

1875.

1876.

$5,893,917

Previously reported....

1878.

$6,089,901
236,307,777

218,734,443

*5,9S6,06S
298,639,406

Januory 1— $212,062,359 $225,635,964 $212,396,781
$294,625,474
following will show the exports of specie from the
port of
New York for the week
ending Nov. 2, 1878, and also a com¬
parison of the total since Jan. 1, 1878, with the

Nov. 2—Str. Neckxr
Nov. 2—Str. Germanic

corresponding

Amer. gold coin..
Amer. silver bars.
Eng. silver coin..

Total for the week ($78,503

Previously

Amer. silver bars.
Amer. sil.
dols.

.Liverpool

$86,080

11,103,091

silver, and $5,799,109 gold). ...$11,189,174
|
Same time in-

Same time In—
1877
1876
1875
1874

$24,775,272 | 1871
41,484,716 | 1870
65.836,667 11869.

$58,599,068
55,113.364
29,8S'>,347
68,207,434

45,095,38J1 1868

1873

44

1872.

851.210 1 1867
1 1866

41.135 441
56 623.620

63,883,456

been

imports of specie

as

follows

at tuis port

:

Oct. 28—Str. Crescent City

during the

Aspinwall

.

1,200
3,315

.

JO

•:o>

.

24.385

18,-67

Foreign gold
Ampr. gold....

London
..

14,755

..

Havre

Oct. 89—Str. California
Nov. 2—Str. Santiago da Cuba

$310

Amer. silver..
Amer. gold....
Gold dust
Amer. silver
Amer. silver..
Amer silver..
Amer. gold....

.

Amcrique

same periods have

Foreign silver

Oct. 2S—Str. N- char
Bremen
Oct. 28—Schr. D. M. French
...Curacoa
Oct. 29—Str. City of Rio Janeiro St.
Thomas
Oct. 1.9— Str. B J. Willard
Curacoa

Oct. 30—Str.

••<,038
109.360

Amer. silver...

Havana

8,570
1,890

Foreign gold

Total for the week (£4V770 silver,
and $128,430 gold)
Previously reported

$176,700

($10,936,451 siiver, and $6,829,841 gold)

Total einceJan. 1, 1878
Same time in—

!S?7
1876
1875
1874..
1873..

3,5*7,026
11,474,383
5,437,861

15,102,494
5,329.402

The transactions for the week

follows:
<

Nov.

2
4..

.,

...5
6....

251,000

363,000
344,060

...8

Total

Balance, Nov.

17,760,292

at

the

3.360,150 72
2.769,493 34
2,372,297 30

in—

$8,401,063
11,2'4.528
14 839.037

6,r04.299
2.892,411

9,195,798

Sub-Treasury have
,

,

Payments.
Currency.
.

Coin.

£846,993 93 $1,418,944 21
643.3<7 39

.Holiday.
712,193 25
<321,665 95
452,139 39

been

1,857,464 07

2,101,621 69
2,5f0,868 20
870,0S4 87

£212,958 83
90j,647 47
798.597 50
486,890 08
244,771 54

$1,602,0:0 $12,600,915 87 $3,076,329 94 $8,798,932 04
$2,613,865 42
1
124.029

Balance. Nov. 8

440 07

127,831,373 90

U. S. Legal Tenders
the
the

Same time
1871...
1870
1869
1868
1867
1836

Receipts.
Currency.

Customs.
Coin
$2?6 000 $1,500,710 72
368,000
2.59?,263 79

7....

,

($10,984,721 silver, and $6,958,271 gold)..$17,912,992
$12,612,655

1872

as

23,000
2,100

silver, and $7,5S0 gold)

reported ($5,311,565 silver, and $5,791,529
gold)
Tota since Jan. 1. 1678
($5,390,065

The

$900
49,( Oil
2,500
6,680

Eng. gold coin..,.

London
.

45.947,331 70

46,379,796 22

National Bank Notes.—From
Comptroller ot the Currency, Hon. John Jay
Knox, we have
following statement of the currency movements and
and

balances for three months past:




'

Total redeemed and surrendered
National bank notes issued between

1,452,920

320,991,795
1,468,920

2,864,000
6,092,000
795,000

984,000
4,876,060
381,000

3,529,000

2,100,000

$13,280,000

$8,341,000

10,000,000
44,017,850

1,062.090

232,659,616 227,666,227
1,972,593
1,711,246
10,090,000
34,674,670

of June

20, 1371,

10,000,000

33,516,350

was

$349,S9 4,182

20,1874, to Jan.
$4,734,500
2,767,232

Treasury

same

dates

1,967,263

$>'51,S61,450

$81,547,725
50,678,070

Decrease from Jan. 14, 1875, to date

Since

London

321,694,799

National bank notes increase from June
20, 1574, to Jan. 14, 1875.
National bank notes
outstanding Jan. 14, 1875
Naiional bank notes redeemed and
retired from Jan.
14, 1875, to date
-.
$71,323,733
National bank notes surrendered between
same dates.

The

totals for several previous
years:
Oct. 31—Sir. Leesing
Hamburg

1,037,810

10,218,952

1877.

$6,901,516

206,163,4x2

2,122,171

National bank notes redeemed and
retired between
same dates

..

For the week

630,640
9x7,743

«

outstanding when Act

National bank notes issued from June

237,716,345

EXPORTS FROM NEW YORK FOR
THE WEEK.

•

1, 1878:

National bank notes

$6,071,200

imports
dry goods for one week later.
The following is a statement of the
exports (exclusive of specie)
from the port ol New York to
foreign
ports for the week ending
Nov. 5:
of

1,432,920

35,31*8*984
346,681,016

The following is the statement of the
the issue and retirement of national bank Comptroller, showing
notes aud legal-tender
notes, under tli« Acts of June 20, 1874, and
January 14, 1875, to
November

4,753.543

January 1
$286,159,061 £245,357,316 $276,5G3,516
$213,787,545
In our report of the
dry goods trade will be found the

35,3*18,984

35,318,934

4,390,000

tional currency....
Coin and silver certificates
outstanding....

$1,317,652

$5,632,816
2l0,93%700

237,807,236

9,628,198

Treasury Movements.—

1878.

$854,331
4,77^,425

9,986,407

4,471.000

Currency
Currency held for re¬
demption of frac¬

13,808,400
442,790

6,571,000
720,000
56,000
205,000

Miscellaneous

FOREIGN IMrORT8 AT NEW YORK FOR
THE WEEK.

Dry Goods

redemption from—

2,701,450
349,408 900

10,292,650

911,597

Cincinnati

$6,071,200, against $ >,563,516 the pre¬
ceding week and $4,539,773 two weeks previous. The
exports
for the week ended Nov. 5 amounted to
$5,986,068, against
$5,696,537 last week and $7,455,993 the previous week.
The
following are the imports at New York for week
ending
(for
dry goods) Oct. 31 and for the week ending
(for general
merchandise) Nov. 1:

13,85S,400

$2,5x9,700

324,900

607,910
Gold

Oct. 81.

4,545,600
349,560,650

346,681,016

Chicago

Imports and Exports for the
Week.—The imports of
last week, compared with those of the
preceding week, show
an
increase in both dry goods and
general merchandise.
The totai imports were

Sept. 30.

$5,056,800

164,700

National Bank Circulation.—
New circulation issued
Circulation retired.

0
0
9
0

37
23
4
10

13,850,400

.

Legal-Tender Notes.—
Deposited in Treasury under act of June
20,
1874.....

0

Liverpool Produce Marktt.—
Sat.
s. d.
37 3
23 0

[Vol. xxvn.

National bank notes

30,869,655

outstanding at date

Greer backs on deposit in the
notes ®f insolvent and

$320,991,795

Treasury June 20, 1874, to retire

liquidating ba
Greenbacks deposited from June
20,1874, to date, to retire
tional bank notes
Total

$3,813,675
na¬

79,910,48S

deposits

Circulation redeemed by Treasurer between
re-issue

Greenbacks

same

dates without

$<3,724,163
74,095,965

on

deposit at date

$9,628,198

Greenbacks retired under act of
Gieenbacks outstanding at date

January 14, 1875.

$35,318,"984

...

$346,681,013

Wisconsin Central Railroad.—At
Milwaukee, November 2,
petition was filed in the United States Court by
Theodore Stern
and William Lawson, on behalf of the
European bondholders of
a

the Wisconsin Central
Railroad, for the appointment of a
receiver.
The complaint sets forth that the
present interest on
the debt and coupon interest on the
unfunded bonds is $165,000,
and that the annual net
earnings of the ro«d do not appear to he
more than
$120,000, and on this ground the bondholders
pray
that a receiver
may be appointed.

Union

Pacific.—The Tribune says that a
special meeting
of the Union Pacific Railroad
directors was held here
recently,
at which the question
of the debt due the Government was dis¬
cussed, and it is stated that the directors’
unanimously expressed
a
willingness to settle the debt in full. The plan proposed is for
the Union Pacific to issue new bonds for
the entire debt and in¬
terest, the bonds to bear 4 per cent interest, with
provisions for a
sinking fuDd, and to be secured by the
existing Government

mortgage. General G. M. Dodge, of Iowa,
having resigned as a
director and a member of the Executive
Committee,
Russel Sage
was chosen to both vacant

positions.

—We call attention

to the card of Messrs. J.
D. Probst & Co-,
52 Exchange place, New York,
which will be found among our
advertisers on the first
page. The members constituting this
firm have been long and
favorably
known in Wall street as well
as in
London, and they invite correspondence or orders from those
wishing to buy or sell bonds, stocks, or miscellaneous

in either

city.

securities,

Attention is invited to the card of Messrs.
John J. Cisco &
street.
Tlr-s prominent house has
long
been known as
among the most respectable of our banking
firms,
and gives attention mainly to
the business of home
customers,
and may therefore offer
greater facilities in that line than otlier
houses engrossed with various branches of
banking.
Messrs. Kulip, Loeb & Co., of 31 Nassau
street, have for
sale Milwaukee & St. Paul 7
per cent first mortgage bonds at 95.
These bonds are offered at lower
prices than most of the other
St. Paul Railroad issues at the
Board, and an examination of
their merits is invited.
A dividend of 50 cents
per share for October has been
declared by the Ontario Silver
Mining Company out of the earn¬
ings already in hand. The extra dividends await the
resumption
of work at the mine, which will be
soon.
—

Son, bankers, 59 Wall

—

—

THE CHRONICLE.

November 0, 1878. j

No National Banks

organized during the past week.
ILPJI

V

!*

Per
op

Company.

Lowest.

Os, 1881.... cp.
6s, 5-20s,’65.cp.
6s, 5-20.3,’67.cp.
6s, 5-20s,’08.cp.
5s, 10-40s... cp.
58, fund.,’81.cp.
4*28, 1891 ..cp.
4s, 1907
cp.
Os, cur’ncy.reg.

Books Closed.

(Days

inclusive.)

Railroads.
Boston & Providtnce
Cleveland & Pittsburg guar. (quar.)..

IK

Nov.
Dec.

t
2

Nov. 10 to Dec. 1

Z'A

Nov. 11

Nov. 3 to Nov. 12

$3
..

Banks.

Nassau

Amount Nov. 1.

Highest.

Registered.

Coupon.

:

When
Payable

Cent.

Range since Jan. 1, 1878.

t

„

The following (itvidena» h«we recently been announced

Name

The range in prices since Jan. 1, 1878, and the amount of each
class of bonds outstanding Nov. 1,
1878, were as follows:

8

2Jlxje |8 ankers' (5a*rtte.

481

EttlWAh, NOV. 8, 1878—5 P. M.
Tlie Money Market and Financial Situation.—The
atten¬

105% Feb. 25 11034 June 27 $197,454,550
102% July 22 105% June 0
34,920,700
104% Aug. 12 1085g June 27 111.534.800
IOO34 Jail.
2 111 *4 June28
10,078,000
103% Mcli. 1 109% July 29 144.280.800
10234 Feb. 25 107% July 30 244.190,100
101% Mcli. 1 105
Aug. 17 101,549,400
9934 Oct.
3 10234 Jail.
9
111,058,100
117*4 Apr. 5 122% May 251
G4,023,512

$85,281,800
26.715.500
199,079,300
21,387,300

50.285.500
204,244,250

’

88,450,000

49,441,900

State and Railroad

Bonds.—There has been little activity in
Louisiana consols are among the most active, sell¬
largely engrossed this week by
ing to-day at 764, and rather above New Orleans prices. Ala¬
the general elections throughout the
country. The questions at bama bonds have shown some
activity, and about $40,000 have
issue were those of practical and vdtal
importance to financial and changed hands at 43 for Class A, 72-} for Class B, and 48 for C, or
commercial interests, and it is generally considered that the near those fmur-s.
Tennessee bonds,liave declined to the lowest
advocates of a sound currency have obtained a substantial point reached, and sold this week at 25£ for new series ; there is
little hope felt of any reasonable proposition
from the State to its
victory. Government bonds have advanced, both here and in bondholders.
London, and this is the most satisfactory evidence that capitalists
Railroad bonds are quite strong on a fair business. The old
at home and abroad feel more certain that their bonds will he bonds on the Stock Board list have advanced to
high prices, and
paid in gold, than they did before the elections. The conspicuous there is considerable inquiry among investors for bonds not so
well known,, of which tlie
prices have not been pushed up by
defeat of General Butler in Massachusetts, where the
greenback public dealings.
issue had been made the basis for his new
departure, was
Messrs. A. II. Muller & Son sold the
following at auction:
received with especial satisfaction.
State bonds.

tion of business circles has been

In

taking

general view of the possibilities of financial legis¬
lation in the next Congress, five different
contingencies present
themselves as embracing all those that are likely to arise, and we
may state them in the order of their probability as it now appears:
1. That the currency laws, including that for the
coinage of
silver, may remain substantially unchanged. 2. That the limita¬
tion on the coinage of silver may be removed, or the amount author¬
ized per month largely increased.
3. That the silver law may
be repealed, leaving gold as the
only coin payable in amounts

shooting of Niagara, &c.

Our local money market has been
comparatively
the bulk of business on call done at 4@5 per cent.

mercial paper sells at 5@'J per cent.
The Bank of England statement
.

a

gain for the week of £106,000 in specie, and the percentage of
reserve to liabilities was 84}
per cent, against 33} per cent last
week; the nominal discount rate is-unchanged at 0 per cent. The
Bank of France gained 10,700,000 francs in specie.
The last statement of the New York
City Clearing-House banks,
Issued November 2, showed an increase of $3,453,425 in the excess
above their 25 per cent legal reserve, the whole of such excess
being $10,502,250, against $7,048,825 the previous week.
The following table shows the changes from the
previous week
and a comparison with the two
preceding years.
1878.
Nov.

Differ’nces fr’in
previous week.

2.

Loans and dis. $244,511,800 Dec. $590,000
24,144,100 Inc. 4,283,000
Specie

Circulation

..

Net deposits

19,004,300 Tuc
14,000
215,443,400 Inc. 4,340,700
40,219,000 Inc.
250,500
.

.

Legal tenders.

1877.
Nov. 3.

1876.
Nov. 4.

$230,210,000 $200,084,200
15.935.900
17,150,S00
192,304,900

39.531.900

17,430,600
15,090,000
215,392,900
40,353,800

United States Bonds.—The salient
point in tlie market for
U. S. Government securities is the improvement in tone which
has taken place since tlie elections.
It is a simple matter of fact

that in the recent elections issues

directly

involved which bore

were

upon the probable
those issues having been

sustaining the
advanced.

future worth of U. S. securities, and
decided, as is believed, in favor of
Government credit, the price of bonds has

Closing prices of securities in London have been
Oct.
25.

U. 8. 6s, 5-20s, 1807.
U. S. 5s, 10-40s
5s of 1881.
4%sof 1891.

Oct.
31.

! Nov.

| 8.

Lowest.

68, 1881
reg.
6s, 1881
coup.
6s, 5-20s, 1865...rog.
6s, 5-20s, 1865 .coup.
6s, 5-20s, 1867...reg.
68, 5-20s, 1867 .coup.
Gs, 5-20s, 1868...reg.
6s, 5-20s, 1868 .coup.
58,10-408
reg.
5s, 10-10s
coup.
5s, fund., 1881.. .reg.
5s, fund., 1881..coup.

J.
J.
J.
J.
J.
J.
J.
J.
M.
M.

&
&
&
<fc
&
&
&
&
&

J.
J.
J.
J.
J.
J
J.
J.
S.
<fc S.

10S*4
*108*8
*103*8
*103*8
*106*8
100*8
10734
108*2
*10038
*10G36
Q.-Feb. 105*8

Nov.
4.

Nov.
5.

108*4
108*4
*103*8
*103*8
100*4
100*8

;

;
.

I

as

follows:

Nov.

Nov.

Nov.

6.

7.

8.

108*2 *108% 10S%
*10838 108 34 108 34
*103*8 103*4 *103%
*103*8 *103% no3%
10638 *100*2. 1005g
100% 100*2 106%

*108

*108

*108*2
10034
100%
105%
105*4
104*8

*108*2
107*8
0
-W

O
O

Highest.

Jan.
2 109%Juuo 8
Feb. 25 1115s July 30
Mcli. 1 109*8 July 9
Feb. 25 107*4 July 30

Closing prices at the N. Y. Board have been
Nov.
2.

follows:

Range since Jan, 1, 1878.

107^-2 108*840913 105*4
107 kj 108
j 1093s 1041-2
105% 10034:108H 1033s
j 105 105%! 107% 102*8

Interest
Period.

as

107
105 %

nos
109

*108

*108%
107*4 107%

107*4 107*4
1055g *105%

Q.-Fel).
105*2 1055b! 105%
4*23,1891..,
reg. Q.-Mar. 104
104%' 104*4; 104%
4*2S, 1891
no 1
coup. Q.-Mar. 104
104*4! 104% *104%
4s, 1907
100
rcg.!Q.-Jau. 100
100*3
;
100% *100%
48, 1907
*100
coup.; Q.-J an. 100
\
100%! 100*s 100*4
j
Gs, cur’cy, ’95-99. reg. 1 J. & J. *120% *121*4!
121% *121 % *121%
This is the price bid;Tio sale was made at the Board.




105

*—<

•

20

20

Bonds.
Mass. 5 p. c.

gold bonds,
duo
110*2 and int.

1894,

30,000

Philadel. <fc Reading
RR. consol, mort. 7s, due
1911
9934
3,000 Newtown, L. I., 7 per
cent bonds, due 1890,10o
and int. -

Hope Fire InsA
Brooklyn City RR

Brooklyn Acad, of Music,

with two admiss. tickets..

Bricksburg Laiul&Imp.$I00
Broadway Ins. Co
207*2

$8,000 State of

40%
70
170
2 Clinton Hall Asso...50*2®51

40
500

08*2

Closing prices ot leading State and Railroad Bonds for two
past, and the range since Jan. 1, 1878, have been as fol¬

weeks
lows:

steady, with
Prime com¬

Thursday showed

on

Shares.
831

3 Second Av. RR

$o >.

4. Tlie issue of greenbacks in place of national bank
currency to be retired.
5. The issue of unlimited greenbacks for
the payment of bonds and for
great public works—thus, the
over

Shares.
10 Market Nat. Bank, N. Y..10858
10 Corn Exeli. Bank, N. Y..122
8 Nassau B’k, N.Y., ex-div. 80
10 Manhattan Life Ins
351
10 Pacific Bank
133
10 Stuyvesant Fire Ins
129

a

Nov. ! Nov.
1.
I 8. '

States.

Louisiana consols
Missouri Os, ’89 or ’90
North Carolina Os, old
Tennessee Os, old...

70

do

Lowest.
0934 June

Highest.
8

85

Feb. 11

105*2 *105*2 102*2 Aug. 23 108
June22
Mch.29
M5*4 *15*2 15
18
May 25
*30
*30
30
Nov.
7 395a May 14

Virginia Os, consol
do
Dist. of

’0*2

Range since Jan. 1, 1878.

*70

*70
*29

2d series..

Columbia, 3-05s

77*2

77*4!

Railroads.
Central of N. J. 1st consol
■82*4
Central Pacific 1st, 6s, gold.. *10634
Chic. Burl. & Q. consols 7s... *114
Chic. <fe Northwest. cp.,gold.. 103
Chic. M.<fc St. P. cons. s. f. 7s..
98%
Chic. R. I. & Pac. 6s, 1917... *10958
Erie 1st, 7s, extended
x12*4
Lake S. & M. S. 1st eons., cp..

Michigan Central consol. 7s..

29
74

July 31
Apr. 12

31

Sept.10

85

June 10

*84
04*4 Meh. 4 90
July 11
107*2 1035s Jail. 15 1085s June 28
Jan.
2 114*2 Nov. 8
114*2 109
104U* 91% Jail. 14 104*4 Nov. 8
9933 91*8 Jail.
5 102% May 25
110
5 110*2 June28
106
Jan.
113% 110 Jan. 7 116*4 July 8
Jan. 10 114
*113*8 109
Sept. 26

xiio *110*4)105*8

Morris & Essex 1st mort.
x15*2
N. Y. Cent. & Hud. 1st, op— *119*4
Ohio & Miss. cons. sink. fd.. *102*8

Jan.

5 115

Oct. 29

117

1115*2 Jan. 5 121
Oct.
8
119% 117*2 ►Sept. 10 122
June26
103*8; 95% Feb. 20 103*8 Nov. 8

Pitts. Ft. Wayne & Chic. 1st.. *121*2 *121
118
Feb.
8 122
Oct. 18
St. Louis & Iron Mt. 1st m
*100*2 107*2*102*2 Sept. 20 1093s May 24
Union Pacific 1st, 6s, gold,
107
107 *2’1035s Jan.
7 1085s June 28
do
sinking fund.... 101
102*2! 923s Mcli. 6 105*4 July 9
*
This is the price bid; no sale was made at the Board.
Railroad and Miscellaneous Stocks,—Tlie stock
market
has been quite variable, and closes to-day with a rather weak
tone.
The bubble in Western Union which inflated the
price to
102 has been followed by a collapse to 93} this afternoon, with
the last sale at 94f, and the public still remains in doubt whether
the surplus will be “ capitalized” or not.
Northwest preferred
and common have been decidedly strong on the favorable
report
of October earnings, and the expectation of a dividend on the
pre¬
ferred in December, if not on both classes of stock.
Wabash,
Union Pacific, Hannibal & St. .Joseph, Kansas Pacific, and some
of the other “fancies,” have at times shown much
strength.
Erie has been among the weakest stocks, and it is stated that the
shares received from London, with assessment
receipts attached,
have not been accepted at the office of the Farmers’ Loan & 'I rust

Company, 011 the ground that they were “irregular,” not being
properly stamped, and they will probably have to be sent back to
London to be properly stamped.
Total sales of the week in leading stocks were as follows:
St.
Paul.

Nov.

2
4
5
0....
7....
8....

....

“

2.040

2,600

.

“
“
“

2,000
11,920
17,818

St. Paul

prof.
1,700
1,900

Northwest,

jNTtliw.
j pref.

12,325!
28,400

22,280'

Lake
Shore.

’

17,000

22,270; 24,150
Elect’n !Holiday
1.550 19,820, 22,430

13,255
5.550

Del. L.
West,
& West. Un. Tel.

17,750
17,450

14,300
14,900

79,636
25,550

62,615
52,200

5,600
7,862
6,264

7,750
7,145

30,100
28,500
43,110

28,690

105,155' 99,38o| 48,920*148,771

Total. .- 36,978 23,955;
216,525
Whole stock. 154,042 122,7941149,888 215,2501524,000 350,085 494,665
.

The total number of shares of stock outstanding
last, line for the purpose of comparison.
The

daily highest and lowest prices have been

is given in the

as

follows:

482

THE CHRONICLE.
Saturday,
Nov.

Monday,

2.

Nov.

Tuesday, Wedn’sd’y Thursday,

4.

Nov.

Nov.

5.

Central of N.J. 29
29
29* 29*
Chic. Bnrl.& Q. 111* I11H 112
112
C. Mil.* 8t. r. 31
315a
do
pref. 66* 66*
Chic. St North.
41*
do
pref. 72* 74
C. R. I. & Pac.. 116
116
Del.A H. Canal 44* 45
Pel. Lack.* W
Han. at, fet. Jo..
do
pref.

CCS

a

69;

*

pref.

These

are

c*
»

15*

W

21* 23*
66* 67*
96* 97

79*

Quotations.
39*

Open

79

69*

Nov.

70

...

“

“

“

125

23*

107
*48

107

47*

93
12
*31

12

*30* 34*
the prices bid ana asked

no

47*

98

The

84"

sale

was

*30

follows:

Jan.

Sales of
Week.
Shares.
Central of N. J
Chic. Burl.A Quincy.
Chic. Mil. ASt.P..
do
do pref.
..

1,779
1,135
36,978
23,955

Chicago A Nortbw... 105,155
do

do

pref.

Chic. Rocklsl. A Pac.
Del. A Hudson Canal
Del. Lack. A Western
Erie
Hannibal A 8t. Jo.
..

do

do

.

Illinois Central
Lake Shore

pref.

Michigan Central....

99,380
5,925
1,335
48,926
64,445
4,210
5,055
1,791
216,525
2,139
1,586

Lowest.

Highest.

13* Jan.
2 45* July 11
99* Feb. 28 11434 July 15
27* Sept. 2 54% July 8
64
Oct, 14 84* July 9
32* Aug. 10 55* Apr. 17
59* Feb. 9 79* July 11
9838 Jan. 15 119* June 7
43* Oct. 22 59% July 10
40% Mcb. 5 61% July 10
10

Feb. 28
21% Feb. 28
72% Feb. 14
55% June 29

16* Sept, 5

40* NoV. 8
87
July 11
70% Oct. 29
72% Apr. 18

Jan.
3
Morris & Essex
Feb. 28 89
N.Y. Cent. A Hud. R.
Feb. 11 115
Ohio A Mississippi...
June 29 11*
Pacific Mail
2,300
14% June 21 23%
Panama
112
Ja?n.
5 131
Wabash
39,975
12* June 26 23*
Union Pacific
30,105
61* July 31 73
Western Union Tel... 148.771
75* Feb. 13 102
Adams Express
100
98
Jan.
8 109*
American

58*
67%
3,165 103*
720
6*
•

Express..

United States Exp...
Wells, Fargo A Co...

Quicksilver
do

pref

•

•

•

300
42
320
260

Lowt.

46
44

Aug.

Aug.

2
7

82* Jan.
10* Nov.
29* Feb.

7
7
5

June 10

Sept. 5
Apr. 15
Jan. 16
Feb. 25
Nov. 4
Moll. 20
Oct. 31
Oct. 25

52* May 8
51* Feb. 25
99* Nov. 8
19* Feb. 25

6
94
11

40%
15

37*
82*
25*

30%
4%
7
17

40*

56
91

43*
36
81
13

High.

122,800
76,434
915,582
91,074 125,770
784,859
1,157,690 1,041,205 8,289,355
116,083
99,140
728,993
109,386
96,681
778,222
Grand Trunk.Wk.end. Oct.26 192,829
217,864 7,267,518
Gr’t Western.Wk.end. Nov. 1
88,365
105,885 3,777,155
Houst. & Tex. C. September
332,555 237,139
HI. Cent. (Ul.line).October...
490,130 612,185 4,450,357
do
Iowa lines.October...
142,106 204,260 1,225,399
Indianap.Bl. AW.3d wk Oct.
26,335
25,328 1,038,630
Int. A Gt. North..3d wk Oct.
51,764
40,084 1,089,931
Kansas Pacific.. .October...
448,514 395,361 3,043,809
Mo. Kans. A Tex. October...
349,896 329,531 2,450,652
Mobile A Ohio.,.. August.... 114,979
125,714 1,147,089
Xashy. Ch.A St. L. September 123,497
157,424 1,188,031

Pad.ABiizabetht.2d

wk Oct.
Pad. A Memphis..3d wk Oot.
Phila. A Erie
September
Phtla. A Reading.September
8t.L.A. AT.H. (brs)October...
8t. L. Iron Mt. A S.Octobor...
St. L. K.C. A No.. October...
8L L. AS.E.(St.L.)3d wk Oct.
do
(Ken.).3d wk Oct,
do
(Tenn.).3d wk Oct,
St. Paul A 8. City.September
8cioto Valley
October...

6,192
1,599

288,084

7,980
4,286

322,896
779,481 1,527,440
55,750
577,200
347,172
17.995
10,123
4,216

52,019

62,259
510.812

347,940
16,493
8,276
3,588
61,720
13,416
42,228

77
15

1,441,849
2,356,067

1,261,930

1,263,733

$65,130,000 $1,480,525 $1,486,784

84
74
90
70
50

®$4 87
©
®

3 87
4 78

4 00
®15 90
®15 65
109*® 110
®

par.®*prem.

gold for various coins:
Dimes A * dimes.
9a*® — 98%
Silver *8 and *s.
98*® — 99
Five francs
90 ® — 92
Mexican dollars..
85 ®
80
English silver
4 75 ® 4 80
Prus. silv. thalers.
68 ®
70
Trade dollars
98*® — 98%
New silver dollars
99 %® — par.
—

—

—

—

—

....

—

—

—

—

appear

following were rates on New York at the
Savannah, buying £ offered, sell¬
ing £ offered; Charleston, scarce, prices firm, 5-16@£ discount,

£@par; New Orleans commercial, £@5-16, bank £; St. Louis,
75c. premium ; Chicago, firm,
50@75c. premium; and Boston,

Par.

Quotations for foreign exchange

84%

Documentary

60*
59*

Paris (fraucsj

761,937

8,051.069
588,804
695,342

7,595,348
3,680,094

4,340,910
1,233,560

1,005,244
1,117,346
2,672.254
2,644,115
1,049,495

1,255,061
2,168,652

8,840,420 10,431,453
402,774
429,495
3,503,932 3,516,043
2,726,595 2,578,314
522,705
493,831
286,371
263,936
123,684
349.226

2*66",826

425,624
925,894

10,259^074
3,814.966

commercial

Hamburg (reichmarks)

1878.

June
Jane
Jane
June

3.
10.
17.
24.

July

1.
July 8.
July 15.
July 22.
July 29.
Aug. 5..
Aug. 12.
Aug. 19.
Aug. 26.
S;-pt. 2.
Sept. 9.
Sept. 16.
Sept. 28.
Sept. 30.
Oct.
7.
Oct. 14.
Oct. 21.
Oct. 28.
Nov. 2.

4.78

®4.79

days.

4.85*®4.86

4.84%®4.85*

4.83

®4.84

4.82*®4.83*
5.22*®5.18%
5.22*®5.18%
5.22*®5.18%

94
94

40

®

94*@
94*®
94*®
94*®

94
94

40*
94*
94*

94*
94*

Banks.—The following

are the totals of the Boston
series of weeks past:
Loans.
Specie. L. Tenders. Deposits. Circulation. Agg. Clear.
a

t

May 20.
May 27.

4.80%®4.81

4.79*®4.80*

93*®
93*®
93*®
93*®

Frankfort (reichmarks)
Bremen (reichmarks)
Berlin (reichmarcks)

Boston

3

5.25 ®5.21*
5.25 ®5.21*
5.25 ®5.21*
39*® 40

Amsterdam (guilders)

banks for

days.

4.77*®4.78*

Antwerp (francs)
Swiss (francs)

90
24

follows:

60

Prime bankers’ sterling bills on London.
Good bankers’ and prime commercial...
Good commercial

105

620,156

are as

Nov. 8.

73

Market.—Gold has declined to 100£, and closes at
that. Rates for
carrying were 1@2 per cent to-day.
Silver in London is
quoted at 50 7-1Gd. per oz. A press dispatch
yesterday said that a convention concluded at Paris between the




1,436,264
2,398,684

are quotations in

$4 84

130

2,025,890

28,983
232,707
Sioux City A St. P.September
30,418
266,148
Southern Minn...September'
34,538
123,351
490,875
Tpl. Peoria A War. October... 104,500 115,167 1,065,770
Union Pacific
October ...1,269,879 1,185.405
10,322,479
Wabash
October... 517,613 472.966 4,206,182
*
October figures include
earnings of Proprietary Roads.
Tlie Gold

1,125,597

undermentioned cities to-day:

79

145.823

136,720

1,124,000

In domestic bills the

is%
33%

144,170

430.316

$1,672,131 $1,678,204

fallen off sharply, and it
that the decided advance in the last fortnight was
118% hardly warranted by
the situation. Tlie scarcity of commercial
42* bills was
probably
more
in expectation than in the reality, a#
73*
43% cotton shipments have been quite heavy.
To-day, bankers
69* advanced their rates to 4.81 for 60
days' sterling, and 4.86 for
105* demand.
T he actual rates are about
4.80£ and 4.85£ for prime
74*
bankers’ bills.
•'

Chio. Burl. & Q.. .September
1,382,123 1,363,310 10,378,548 8,994,907
Cbic. & East. Ill..October...
82,605
82,498
Chic. Mil.* St. P.October...
823,000 1,183,134 6,926,043 6.552.946
Chic. ANorthweet.October*
..1,566,858 1,598,776 11,601,662 10,191,831
Chic. R. I. A Pac.August....
871,234 754,598
Clev. Mt. V. & D..2d wk Oct.
8,778
9,098
294,970
300,196
Dakota Southern.September
17,431
25,559
155,519
134,582
Denv. A Rio G...October...
...

Currency.

Exchange.—Foreign exchange has

would

37*

/—Latest earnings reported.—^Jan. 1 to
latest date.—*
EARNINGS.
Week or Mo.
1878.
1877.
1878.
1877.
Atoh. Top. A 8. F.October... $445,000
$342,822 $3,170,298 $2,097,249
Atl. A Gt. West...September
334,882
Atlantic Miss. A O.September 153,880 386,074
185,208 1,198,143 1,258,906
Bur. C. Rap. A N.October...
141,619
171,533 1,273,497
981,342
Burl. & Mo.R.in N. August
166,320
123,147
981,089
606,822
Cairo & St. Louis.2d wk Oct.
4,645
5,823
172,742
189,582
Central
Pacific...October...1,831,000 1,806,382
Chicago A Alton.. October... 480,869 445,597 14,771,363 13,840,319
3,925,142 3,755,928

Dubuque A S.City.October
Erie
July
Gal. H. & 8. Ant..August
Grand Rap. A Ind. August

following

..

37
June 15 19% 45
The latest railroad
earnings and the totals from Jan. 1 to latest
dates are given below.
The statement includes the
gross earn¬
ings of all railroads from which returns can be obtained.
The
columns under the
heading “Jan. 1 to latest date” furnish the
gross earnings from Jan. 1 to, and
including, the period men¬
tioned in the second column.
....

54,197,000

Fine silver bars
Fine gold bars....

73%
35% 74*
51* 92*
85* 109*
2* 11%
12% 26*

59*

100*
ioo%j 100* 100% 100*
102%! 100* 102% 100*

ioo*'ioo* 100*

3
Reichmarks. 4
X Guilders
3
Span’h Doubloons. 15
Mex. Doubloons.. 15

45

80

10,250,000

X X

Whole year
1877.

1,1878, to date.

100*jl00*

Napoleons

1878,

Gold.

100*'l00*

Sovereigns

made at the Board.

Total sales this week and the
range in prices since Jan. 1,
were as

Balances.

Gold

Clearings.

High Clos.

2..
100* 100* $10,604,000
4.. 100*100* 100*
100*
8,675,000
5..
Elec tion Holiday
(>..
100*
10,580,000
7.. 100* 100* 100* 100*
14,088,000
8..
100* 100*

This week
Prev. w’k
S’ce Jan. 1

97* 93

j Low.

ioo* ioo* ido*

“

67* 68*

10

12

79*

22

*47* 49
*...: 48*
*97
97*

Wells, Fargo..
Quicksilver....

89

*81* 82
111* 111*
7*
7*
15* 15*
*

o

*12J 125

.

do

d

HI*

*104

8*

15
39

'69
Til

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

117

..

70

IS*

countries of the Latin Union
provides that the coinage of gold
shall remain free and that the
coinage of silver, suspended indefi¬
nitely, cannot be resumed without the consent of all the mem¬
bers of the Union.
The convention requires ratification
by the
chambers of the countries in the Union.
The range of gold, and
clearings and balances, were as
follows:

Nov. ,8.

4551
50* 51
19*

•O

..

Friday,

7

74* 75*

117
*45

Erie, $4 paid..

.

Nov.

•29* 29*
112* 112*
31* 31*
66* 67*
42* 42*

40%

minoifl Cent...
Lake Shore
Michigan Cent
Morris & Essex
N.Y.C. & H.
Ohio A Miss...
Pacific Mail....
Panama
Wabash
Union Pacific.,
West. Un. Tei

6.

[Vox., xxvn.

123.520.100
123,932,500
123.973.200

S

$

4.119.100
3,959,300

3.857.600
4,-.260,200.
5,26 *,000
5.753.100

.

125,010,400

3.448.600
3.211.800

12%?64,700
127.030,700
128.621,703

2.677.400
2.633.800

129.849,000

130.700.900
131.136.200

130,653,600
131.387.300
131,816.000
131.972.900

131,615,700
132.125.900
131,595,: 00
130,741,003
131.144.300
130.759.400
130.104.400
128.971.100
127,418 600
126.876.100

126.325.200

2.890.900
2.451.900
3,488,000
3.353.400
3,011,200
2.944.200
3,008.800
2.838.800
2.768.100
2.731.600
3,010,000
3,022,600
3,022,100
3,047,600
3.321.200
2.963.100

6.224.200
6,681.800
6.675.100

6.917.800
5,466,400
5.282.600
5.511.900
6,89 s*, 100
5.846.800

5,626,491

5.627.300
6.802.300
5,613,700
5.548.200
5.654.900

2.563.800

6,086,900
6.135.100
6,020,000
6.127.800

2.557.600
2,583,000

6.524.300
7.234.600

$

s

$
42,684,818
37,395,431
33,675.446
42,181,604
40,871,875
39,183,858
42,626,701
51,573.489
47,130,751

49;33fi,900 25,099,400
48.893.500 25.373.100
50.165.800 25.446.300
51.876.400 25,58-4,600
51,572,900 25.527.600
52.156.100
52,775 300
53,251,000
52.285.800
52,095,600
51.569.400
51.906.700
51.490.700
50.948.100
51.369.100
51.904.500
52.390.800
52,090.700
53,081,700
53.434.200

25.372.700
25,048,400

25.361.400
25.389,200
25.297.600

43,821,118

25.045,500
25,143,s00

31,441,879
37.181,493
35,455,252
35,748,086

2

*,083,200
25.128.600
25,0 0,400
25,008,200

33,442,865
31,659,018
38,080,092

25,281,000
25.441.100
25.466.100

38,484,171
42,643,331
38,844,352

25.427.700

53.233.500 25,50*,500
53.866.100
52,264,600

49,287,921
47,046,050
45,547,518
41,489,955
44,828,641

25.407.300
25.473.100

52.240.200 25,388,000

58.263.400 25.429.400

Philadelphia Banks.—The totals of the
Philadelphia bank*

are as

follows:

Loans.
"

1873.

S

May 20.
May 27.

57,480,895

June
June
Jane
Jane

3.
10.
17.
24.

July
July
July
July
July
Aug.
Aug.

1.
8.
15.
22.
29.
5.
12.
Aug. 19.
Aug. 26.
Sept. 2.
Sept 9.
Sept. 16.
Sept. 23.
Sept. 30.

Oct

7.

Oct 14.
Oct. 21.

Oct. 28.

57,106,850
57,141,428

57,380,687
57,542,325
57,104,069
56,906,372
57,417,531
57,540,336

57,701,352
57,582,408
57,836,672

57,394,189
57,506," 45
57,450,042
57,515.21?
58,189,844
58,397,686
58,300,720
58,207,884
58,613,739
£8,650.640
53,801,498
58,522,350
58,414,214

Specie. L. Tenders. Deposits. Circulation. Agg. Clear.
*
S
$
$
$
2,000,725 11.679.304 44,139,418 11,109,920
82,731,584
2,002,175 12,231,928
43,830,408 11,088,797
30,126,223
1,957,813 12,723,700
44,901,979 11(069,120
26.800,606
1,948,551 12,777,652
44,814,241 It,070,141
39.002,223
1,810,592 12,674,595
44,900,053 11,049,673
31,067,892
1,799,535 18,166,808
44,908,901 11,006,979
30,667,918
1,893,257 13,728,831
45,647,430 .11,001,128
29,062,258
2,165,605 13,647,763
45,931,792 11.055.863
33,320,601
2,131,277 13,600,496
46,419,105 11,075,582
32,262,571
2,088,908 13,413,067
46,082,238 11,116,080
30,692,010
2,122,939 13,750,039
46,127,426 11,133,391
24,830,500
2,28^,860 13,729,614
46,502,675 11,136,613
29,494,324
2.342,437 13,484,151
45,561,288 11,158,6^3
26,839,131
2,236.021 18.810.305
45,757,350 11,164,372
27,006,463
2,183,120 13,452,892
45,497,226 11,1*0,955
23,731,264
2,172,809 13,547,329
45,896,145 11,191,223
24,754,736
2,166,359 13,802,270
45,504.418 11,134,110
28,719,076
2,109,431 12,812,555
45,545,333 11,190,001
29,582,427
2,003,043 18,004,807
45,335,119 11,215,351
81,483,017
1,995,896 12,814,027 '45,555,908 11,243,085
28,822,304
1,989,340 12,717,102
45,570.445 11.266,957
37,391,156
-

1,83 •',451

1,605,812
1,646.613
L693.177

12,882,599
I2,0i5,596
11,958,394/
12,575,827

45,192,760 11,307,582
44.786.294 11,353,450
44,232.796 11,894,811
41.671.294

11.S96.121

32,798,588

33,720,726
29,039,290

'29.104.649

November
New

condition of the Associated Banks of New York City
ending at the commencement of business on Nov. 9,

for the week
1878 :

AVKRAOB AMOUNT OP

Net

Legal

Loans aud

Specie. Tenders.

Capital. Discounts.
$
$
New York
2,000,000 8,0 4,000 3,408,870
Manhattan Co.... 2,( 50,000
6,410,700 : 54,100
Banks.

692,0)0
7,362,200 1,213,000
687,760
458.400
6,363,400
351,600
291.300
4,033,700
8,228.200 1,910,300 1.206,400
*44,000
451,000
2,243,000

Merchants’...... 2,000,000

2,000.000
1,200,000
3,000,000
1,0)0,000

Union

America...;
Phoenix
City
Tradesmen’s

6,276.100 1,94*1,400

1,000.000

8,145,500
1,6I1.MX)

1,000,000

Fulton...
Chemical..

600,000
300.000

..

$
648.500
594.400

9.668,500
8,124.100

252,000
155.500

1,574,000
253.200

297.800
828,100 2,270,200
397.400
243.100
603.500
393.400

Deposits.

Worcester A Nashua

Sunbury A Erie 1st m. 7s, *97..

220,000

PHILADELPHIA.

74V,8C0

..

..

...

Total
....63,711.500 244.511,800 24,141,100 40,219,000 215,443,400 19,904,300
The deviations from returns of previous week are as follows :
Dec. $596,600 j Net deposits
Loans
Inc. $4,346,700
Inc. 4,283,600 Circulation
Inc,
Specie
14,600
Legal tenders..........Inc.
256,590 1

following

1878.
Jun. 22.
Jun. 29.

July 6.
July 13.
July 20.
July 27.
Aug. 3.
Aug. 10.
Aug. 17.
Aug. 24.
Aug. 31.
Sept. 7.
Bept. 14.
Sept. 21.
Sept 23.

are

Deposits. Circulation. Agg. Clear,
$
$
$
52.466.900 205.384.100 19.909.900 361.644.610
234.718.700
232,720,200 16,311,900 53.996.300 205.965.600 19.934.200 349,403.759
236.516,000 20,420,000 53.606.300 213.816.700 19.823.900 353,550.231
234.120.100 22,048,600 65.556.300 217.411.500 19.622.100 376,809,115
236.195.500 22,001,600 57.543.900 221.252.100 19.405.100 352,707,254
239,636,600 19.695.600 58,409,600 222.133.700 19,078,000 353,322,472
238,096,200 17.990.800 58.610.100 219.978.500 19.278.600 414,140,015
240.220.100 20.407.600 56.286.500 2*23,432,700 19.189.800 355,692,070
235,5*5,400 19,234,300 55.479.400 217.884.700 19.325.600 342,277,469
236.994.300 18.662.800 55,059,800 216,088,500 19.805.600 330,537,438
239.431.700 17.000,300 53.948.500 216.164.100 19.433.700 285.766.611
243.432.900 16.953.100 50.683.500 216.711,200 19,062,300 348,02*2.456
244.215.100 18.554.700 48.891.200 218,269,000 19.478.300 330,877,791
245.377.400 18.322.800 48.538.400 217,304,000 19.616.300 333,606,566
246.322.500 18.199.600 45,680,700 216,332,000 19.617.800 370,111,767
247.881.900 17.589.700 43.362.200 214.103.400 19.577.600 453,971,364
218.634.300 13.991.100 42,1*50,800 210,041,200 19.593.100 424,149,900
246.593.100 15.547.800 40.729.100 208.144.600 19.601.200 482,291,920
245.106.400 19,860,500 39.962.500 211,096,700 19.889.700 392,878,293
L. Tenders.

S

15,0^,700

Oct. 5.Oct. 12.
Oct. 19.
Oct. 26.
Nov. 2. 244,511,800

24.144.100

40,219,000 215.443.400

Noth.—'The figures of the Chase
above totals prior to October 26.

19.904.300 488,571,553

National Bank are not Included in the

QUOTATIONS IN BOSTON. PHILADELPHIA AND OTHER CITIES.
Bid. Ask.

SECURITIES.

~29~

BOSTON.
Maine 6s
New Hampshire 6a....
Vermont «a
,
Massachusetts 5a, gold
Boston 68, currency
do
5s,gold ..
Chicago sewerage 7*..
do
Municipal 7a
Portland 68
Ateh. A Topeka 1st m. 7a....
do
land grant7s
do
2d 7a
do
land Inc. 8a..

116*

‘STOCKS.'1
A Topeka
Albany
Loweli

6e
Boston A Lowell 7a
Boston A Maine 7a
Boston A Lowell 6s
Boston A Providence 7s
Burl. A Mo., land grant 7s.... 110
102
do
Neb. 6e

Neb.8s, 1883

Eastern, Mass., 3*s, new.
Fitchburg HR., 6s
'
Kan.
_

....

Paaaumpale. 7s, 1897.

do

...

7s

City Top. A W., 7at 1st.

do




do

7s, lnc;.

Maine.

71* 72

M

86
12
7i

....

Cheshire preferred
Cln. Sandusky A Clev
75
Concord
104
138
Connecticut River
45
Conn. A Passumpslc
13
102* Eastern (Maas.).-...,
Eastern (New Hampshire)...
112*

i<>5

14’

Ogdensb. A L.Champlain ...
do
pref..
Old

62'

14)
63)
95

Colony

89

Portland 8sco A Portsmouth
Pueblo A Arkansas

64* 64%

Rutland, preferred

STATE AND CITY BONDS.

Penna. 5s,
do
do
do
do
do

5s,
5s,
6s,
6s,
6s,

122*
Fitchburg
Kan. City Top. A Western... 88*

xlSO
Manchester A Lawrence
Nashua A Lowell
108
New York A New England... 23
101* Northern of New Hampshire

104

118*
4*
48

13*

122*

29*
92

...

Union A Titusv. 1st ra. 7s. ’90.
United N. J. cons. m. 6s.*94..
Warren A F. 1st m. 7s, *98
West Chester cons. 7s, *91

91* 92
-

96

95
35
.

114

113

West Jersey 6s, deb,, coup.,*88
do
1st m. 6s, cp.,’96.
do
1st in. 7s, ’99
Western Penn. RR. 6s,cp.'.899
do
6s P. B.,’96.

g’d, lnt.,reg. or cp
cur., reg
new, reg.,

1892-1902 Ill HI*
10-15, reg., li77-’82. 104*
15-25, reg., !882-’92. 110 ill
CANAL BONDS.
In. Plane, reg.,1879
Chesap. A Dela. 1st 6s, rg..*86
eg.
Philadelphia, 5s rej

106
6s. old, reg
6s, n., rg., prior to ’95 115
68,n.,rg.,i895 A over 115
Allegheny County 5s, coup
do
do
do

Allegheny City 7s, reg
Pittsburg 48, coup., 1913

116

116

60
80

5s, reg. A cp., 1913
6s, gold, reg
7s, w’t’rln.rg.Acn. 102%

do
do
do

do m. conv. g., reg.,’94 :...
do mort, gold, ’97.... 94%
do cons. m.7s, rg.,1911 65
Morris, boat loan, reg., 1885.. ....

Pennsylvania 6s, coup., 1910..
Schuylk. Nav.lst m^rg.,^.
do

7s, str.lmp.,reg.,’83-86*
and coup
do
exempt, rg. A coup.
Camden County 6s, coup
Camden City 6s, coupon.
do
7s, reg. A coup.
Delaware 6s. coupon
Harrisburg City 6s, coupon..
do

2d m. 6s, reg., 1907

61

eo-

Maryland 6s, defense, J.A J..
do

6s, exempt, 1887
6s, 1890, quarterly.,
do
5s, quarterly
Baltimore 6s, iS34, quarterly.
do
6s, ;8S6, J.&J
do
6s, 1890, quarterly...
do
6s, park, 1890, Q.—M.
32%
do
6s, 1893, M. A 8
do

25

do
pref
do
new pref
Delaware A Bound Brook....
East Pennsylvania

34
31

Elmira A Williamsport

22

do

do
pref..
Joy A Lancaster
Huntingdon A Broad Top...
do
do pref.
Lehigh Valley
do
Har. P. Mt.

40*

37%

Schuylkill....,

Mlnehill

Nesquehonlng Valley

43

43i*

48%

48%

36
02

Pennsylvania
Philadelphia A Erie
Pnlladelphia A Reading

6'

13%

6s,exempt,’33,M.A8.

do
1900, J. A J
do
1902, J . A J
Norfolk water, 8s.

RAILROAD STOCKS. Par.
100
Balt. A Ohio
do
Wash. Branch. 1U0
do
Parkersb’g Br..50
50
Northern Central

Western Maryland
Central Ohio

100
18

Norristown
Northern Pacific, pref
North Pennsylvania

50
50

Pittsburg A Connellsville..50

38*
RAILROAD BONDS.
32%
7* Balt. A Ohio 6s, 1880, J.A J....
do
6s, 1885, A.AO.
13*

N. W. Va. 8d m..guar.,’85,JAJ
Philadelphia A Trenton
PIttsb.A Conneir8V.78,’98,JfcJ
Phila. Wllming. A Baltimore.
5*
Pittsburg Titusv. A Buff
5% Northern Central 6b. ’85, JAJ
do
68,1900, A.AO.
United N. J. Companies
128* 130
do 6s, gld, 1900, J.AJ.
West Chester consol, pref....
Cen.
Ohio
20
6s,
1st
m.,’90,M.A 8.
30
West Jersey
W. Md. 6s, 1st m., gr.,’90,J.AJ.
CANAL STOCKS.
do
1st m., 1890, J. A J.
Chesapeake A Delaware
do
2dm.,guar., J.A J....
Delaware Division
do
2d m„ pref.
16* 16%
Lehigh Navigation
do 2dm.,gr. by W.Co.JAJ
Morns.
do 6s, 3dm.. guar., J.A J.
do
pref
Mar. A Cm. 7s, ’92, F. A A ...
do
Pennsylvania
...
2d, M. A N
do

pref..

89,8d, J. A J

10

Union RR. 1st, guar., J. A J..
do
Canton endorsed.

Susquehanna.

105-

MISCELLANEOUS.

RAILROAD BONDS.

108

7s, E. ext., 1910 87
lnc. 7s, end., ’94
22*
Belvldere Dela. 1 at m., 6s,1902 106
2dm. 6s.’83.. 102
do
do
3dm. 6s, ’87.. 93
Camden AAmboy 6s,coup,’83 104
6s, coup., ’89 105
do
108
do
mort. 68, '89
Cam. A Atl. 1st m. 7s, g., 1903
do
2d m., 7s, cur., ’80 100
Cam. A Burlington Co. 8s,*97.
Catawlssa 1st, 7s, conv., *62...
do
chat, m., 10s,
do
new 7s 1900. .
105
Connecting 6s, 1900-1904
do
do

24

106%

Baltimore Gas certificates...

106
12

People's Gas....,
CINCINNATI.
Cincinnati 6s

116

do
do
do
do

7a...

7*30s...,
tlO0
South. RR. 7*309.f 104*
do
6s, gold.

Hamilton Co., O.*6s.

long...

7s, lto5yra..
7 A 7*308, Tong.
do
Cln.A Cov. Bridge at’k, pref.
Cln.Ham. A D. 1st m. 7s, '80..
do
2dm. 7s, ’85..

102
108

do

107

106

Delaware mort., 6s, various..
Del. A Bound Br., 1st, 7s. 1905 99*
East Penn. 1st mort. 7s, ’88 .. -•••
El.A W’msport, 1st m., 7s, '80. 106
do

60

BALTIMORE,

Camden A Atlantic
do
do
pref
Catawlssa

do

95*

64% 65*.
88

6s, boatAcar,rg.,19l3
do 7s, boatAcar,rg.,19jr
Susquehanna 6s, coup., ;9.8.'

RAILROAD STOCKS.

Schuylkill Navigation

105

do

N. Jersey 6s, reg.

Little

Delaware Division 6s, cp./78
Lehigh Navlga. m., 6s, reg.,*84 104*
mort. RR., rg.,*97 104*
do

70

ioi*
98
40

Cin. Ham. A Ihd.,7s,guar....
Cln. A Indiana 1st m.7»
2dm. 7s,'77...
do
Colum. A Xenia, 1st m. 7s, V0

Dayton A Mich. 1st m. 7a. *81.

5s,perp

2d m. 7s, *87.
3d m. 7s, *88.

do
do

Harrisburg 1st mort. 6s. '83...
H. A B. T. 1st m. 7s, gold, ’90. 104
do
2d m. 7s, gold, ’95.

Dayton A West.lstm., '8t...t

do
1st m., 1905..
do
1st tn.fs, 1905
Ind. Cln. A Laf. 1st m. 7s
do
(I. AC.) 1st m. 7s,’38
Little Miami 6s,’83 ...........
Cln. Ham. A Dayton stock...
Columbus A Xenia stock

8dm. cons. 7s, ’95*.
IthacaA Athens 1st g d, fs.,’90
Junction 1st mort. 69, ’82
do
2d mort. 6s, 1900 ...
L. Sup. A Miss., 1st m., 7s,
do

112
112*
Lehigh Valley, lst,6s,cp., 1
do
do reg., 1893... U2*
Dayton A Michigan stock....
iia
do 2d m.,78, reg., 1910..
do
8. p.c. st’k, guar
do
con. m., 6s,rg.,1923 101*
Little Miami stock.
101
iosj
do
do
6s,cp.,19.3
Little Schuylkill, 1st m. 7s *82
LOUISVILLE.
108
ioe* Louisville
North. Penn, let m. 6s, cp.,'85.
7s
do
2dm.7s,cp.,’96. 113
do
6s,’32 to’87
do gen. m. 7s, cp., 1903. 106*
do
6a,*97 to’98
;.t
do gen. m. 7s, reg., 1909 107
water 6s,’87 to *89 t
do
75
79
Oil Creek 1st m. 7s, coup.,’82.
water
stock
do
6a, Y7.t
35
Plttsb. Titusv. A B., 7«, cp.,*96
wharf 6s
do
do
scrip....
do
96*
apec’l
’89.
taxis
of
Pa.A N.Y.C. A RB. 7s, ’96-1906.
ater 6s, Co. 1907
10
101*
105* Loulavlllfc
Pennsylv., 1st m., 6a, cp., ’80..
110* Jeff. M.ALlst m. (1AM) 7b,*8lt
do
gen. m. 6s, cp., 1910. 100
do
’h;*
2dm., 7s
do
gen. m. 68, rg., 1910.
do
1st m., 7s, 1906....t 106%
do
cons.m.6*,rg.,l9p5. 97*
Lonlsv.C.A LeL lat m.7s,'9Tt 104%
98
99
do
cons. m. 6s, cp., 1906.
r

•••

.

do
Navy Yard 6s,. rg,’81
1st:m. 6s,coup.’97
Perklomen 1st
Phila. A Erie 1st m.6s, cp.,‘81. 103% 104
do
2d m. 7s,cp.,’98. 104
Phila. A Read. 1st m.6s, ’43’44. 104*
do
do
*48-.49.
do
2d m., 7s, cp.,’93 i09
45
do
doben., cp., ’93*
do
do
cps. off.
55
53
do
scrip, 188*2. . .-.
do
In. m.7s, cp,1896
100%
do cons. m. 7s, cp.,1911.. i
do cons. m.7a, rg.,1911.. 100* 101
do cons.m.6s,g.i.l9Il....
r

83*

Provldenoe
Burlington A Mo. in Neb

do

do

Hartford A Erie 7s, new.
Ogdensburg A Lake Ch. 8s... 100
Old Colony,7s
do
68.
Omaha A 8. Western, 8s ....
Pueblo A Ark. Valley, 7a
100% 100*
62
Rutland 68,1st mort
Vermont A Canada, new 8s..
Vermont A Mass. HR., 6a.;...
Atchison
•Boston A
Boston A
Boston A
Boston A

Boston « Albany 7s

Conn. A

Bid. Ask.

SECURITIES.

120]

Norwich A Worcester

Allegheny Val.,7 8-lOs, 1896...

the totals for a series of weeks pact:

Specie.

Loans.
t

Bid. ABk.

SECURITIES.

168,100
127,000
1,100

89,200

.

The

Ask.

Vermont A Massachusetts..

44,000
7,500

565,600
Merchants’Exch. 1,000,000
1.938.300
412.500
Gallatin National 1,500,000
3,436,300
264,000
872,000
124,000
76,000
300.000
1,223,(00
Butchers’&Drov.
218.000
982,000
198,000
34,090
Mechanics* & Tr.
600,000
1,406,(00
8.400
16!,500
781.100
2,700
Greenwich
200,000
818,900
431.800
359.400
2,069,900
306.500
Leather Manuf’rs
600,000
2,334,300
140.200
786.100
29,400
62,000
Seventh Ward..
300,000
853,800
45.000
1.943.900
325.400
359,000
State of N.York.
800,000
2,034,700
188,000
811,000 8,553,000
American Exch.. 5,000,000 11,769,000 1,577,000
Commerce
5,000,000 16,954,500 1,089,800 1,469,100 10.480.900 1,758,200
667,40J
3,082,200
897,900
82,800
1,000,000 4,601,C00
Broadway
228.200
522,100 2.513.900
180,000
Mercantile
1,000,000
2,930,600
468,300
1.929.500
31,200
Pacific
2,022,600
422,700
450,000
332,000 1.980.300
264,000
1,500,000 8,262,600
Republic
149,509
402,500
596.900 2.767.500
Chatham
2,915,500
450,000
18.900
150.400 1.194.500
5,400
People’s
412,500
1,351,409
270,009 1.633.700
142,000
North America..
700,000
1,607,900
6.159.400
192.800 1,057,300
447,500
Hanover
l.roo.ooo
5,505,500
87,700
39.900
307,000 1,693,000
Irving
600,000
1,855.800
882,000 1,507,000 10,268,000 2,233,000
Metropolitan.
.
8,000,000 13,538,000
327.500
246,900
73,700
1.673.700
Citizens’..
1,474,100
600,000
3.900
290.900
23.100
1.829.700
Nassau.
1,OJO,OUO
1,935,800
83.300
254.200
306.900
1.633.300
Market
1,000,000
2,437;600
731,800
43,^00
189.800
500,100
8t. Nicholas
1,000,000
1,838,100
452.500
2,628,100
683,000
Shoe and Leather 1,000.009
3,636,100 ' 234.600
4,700
516,000
1.936.200
126.600
Corn Exchange.. 1,000,000
2.969,800
955.200 3.921.200
83,300
769.200
Continensal
1,250,000 4.543,400
14.500
1.201.200
170,00)
Oriental
l,3?8,5u0
800,000
458,00)
2,322,000
356,400
130,700
2,423,400
Marine
400.000
Importers’&Trad 1,500,000 15.008.300 1,413,400 4,632,200 18.269.500 1,108,000
536.700
628, *00 2,979,500 12.810.900
Park
2,000,000 10,563,6)0
173.600
538,500
35,000
294,600
Mech. Bkg. Ass’n
500.000
613,500
101.400
429.300
1,300
Grocers’
300,000
534,600
696.100
•33,800
100.300
240,000
North River
719,100
79.400
532,000
75,6:0
125,700
East River
250,000
718,800
369.100
81,300
1,000
Manttf’rs’ & Mer.
100,000
332,200
598,400 2,133,200 10.787.500 1,047,800
Fourth National. 8,5^0,000 13,244,500
258,000 1,446,000 6,793,000 1,488,000
Central National. 2,000,000
7,432,000
485.000
2.032,000
270,000
Second National. * 300,000
1,997,000
852.600
3.300.300
159,000
697,600
Ninth National..
3.403,100
750,000
45,000
First National...
500,000
7,762,400 1,089,200 1.223.300 9,027,COO
799.500
840,300 1.386.300 6.756.400
Third National..
986,300
6,150,600
162,700
822,000
54,100
270,000
N. Y. Nat. Exch.
300,000
1,179,200
812.300
220,000
225,000
3,500
Bowery National.
250,000
1,118,300
298.800
1,077,200
180,000
New York County
2< 0,000
1,153,300
1.839.300
294.300
150,706
German Americ’n
750,000
1.991,100
188,400
325.600 1.994.500
261,200
Chase National..
300,000
1,883,800
..

Bid

securities.

Phll.AR.C.AI deb, 7a. cps.off
do scrip, 1882
do mort., 7s, 1892-3
Phila. Wllm. A Balt. 6s,’84
Pitts.Cln.ASt. L. 7s, cou., 1SC0
Shamokin V.A Pottsv. 7s, 1901
Steubenv. A Ind. 1st, 6s, 1884.
Stony Creek 1st m. 7s 1907....

Circula
tion.
*

9,259,600
3.839.800
6,977,000
4,664,000
2,772,000
7.322.200
2,264,000
5,833,000
1.958.800
1.194.200
9.482.900
2,36*,600

PHILADELPHIA, Etc.—Continued*

BOSTON,

York City Banks—The following statement shows the

Mechanics’

483

THE CHRONICLE

9, 1878.]

bo*

7s, 1893*
do
7s, conp. off, ’93 29
do scrip, 1882
Phlla.A Read. C.A L deb. 7s,92
do conv.

*

In default of interest.

*40

Louis. A Fr’k.,Louisv.ln,6st*8l
Louisv. A Nashville—
Leb. Br. 6s. ’86
..t
1st m. Leb. Br. Ex.,7a,’80-85.t
Lou. In.
do
6s, ’S3., .f 98
105
Consol. 1st m. 7s, *98
Jefferson Mad. A Ind stock. 103%j
Louisville A NaahYiile stock. 38

ST.

LOUIS.

St. Louis 6s, long.,
do
water 6s,
do
do
do

.gold.'!*.*

e
bridge

do
do

.

do

cur..7s

t An ft interest..

ro3*'io4*

appr.jg.6st

renewal
ral, gora, 6s.t
sewer,
Vi-a-S.t
r, g. 6s, *91-2-3.1
St. Louis Co. new park,g.ls.f
ao

102% 104

new.t

.

....

104*

105

105*

48 i

THE CHRONICLE
QUOTATIONS

V. S. Bonds and actios Railroad Stocks

arc

OF

STOCKS

quote 1

AND

BONDS

previous pane.

on a

STATE

|Vol. xxvn
IN

NEW

Prices represent the

YORK.

per cent

vet7us. whatever the

he,

par maw

BONUS.

'

1

SE'Jtnil'rtES.

Bid.

Alaoama ns, 1883
do

do
do
Mo
do
do
Ic

sk.

6 KOimiTIE 8

42

5s, 18S6
8s. 1886
8s,1888
btj, M.& E. RR..
8s, Ala. & Ch. R
ba of 1392

424
42 K,

43
43

424
.

-

-

r

t

„

„

„

.

.

#

...

5*

do 7r, Memphis & L.K.
do 7s, L. K. r. B. & K.O|
do 7fi. Mies. O. * R. R ;
do 7s, Ark. Cent. KK.
Connecticut Gs

3
3
3

.

5*

!

5*-'

I 100>
7s, new bonds— 1(K* 109
7s, endorsed. ...! 107

no

do

7s.gold bonds...) 10S

Illinois fie, coupon, 1879...
do
War loan

Kentucky 5s

10)9.

103*1

| 102*
\ 103

do
do
do
do
do

Asylum

or

18*2

do

KAIXUOAD
Kailroau mocHn.
(Active pret i'w.y quot'd >

Albany

b

^

1868
* J
d)
A. * (),.
Special tax, Class l
do
Class i
do
Class ;j

10:54!

do

4 7

u....

m

WI uU

STOCKS
VI

AND

ttooCil., ibij Ui., it/BO..

11)
10

20
20
10

band C., 1839, A. & O....

Non-fundable bonds
T mnessee 6s, old
do
63, new
do
6s, new series..
V.rglnla5s, old..
6s, new bonds, D65
do
68,
186*
Ss, consol, bonds
9s, ex matured coup
Ss, consol., 2d series
5s, deferred bonds..

W6

...

2c% 27*

22
70
52

53
33

29

....

5%

3*65s, '914.
small

77*

do

28

22
22

1D. of Columbia
do

2*

30
26

1

104
110

<8S'>

MISCELLANEOUS

n

I*

....

Ohio fie, 1831.

.1034 lO I -H

AND

bueq.

94

do

DiHivilOl

do iM7.

80
0)
00

+ew-bonds, J.

1014!
|

174 j
17

80

funding act, :366

•

25
10

j 7s of 1863

154
154

Ask.

107

Funding act, 1864
LandC., 1389, J.&J

1

.

10141

104
10

.

..

1044)
‘014'

.

124
124

.

Bid.

Island 6s, cp., ’93-4
i>uth Carolina 6a
Jan. * July
April & Oct

114
113

do
A. & O
M. C. 11 Li
J. & J
do
..A.& O.....
do coup, off, J. & J
do
do
off, A. & <>....

103'a!-.

Un.,due 1894.
.

3i

10412

Han. & St. Jos., due 1380..

flRCUKIT.'BS.

iR-iode

...

111
102

..

funding, due 1391-5.

.

.

103ik

’83....
1*83....
13<7....
1833.
1833or ’9>....

Isk.

.

20

or

Bid.

,

76

6s, due 1873..,

do
do
do
do
do

—

sKouerTiHa.

New York State—
M, gold, reg... .1837...
do coup. .1887.
OS,
13, do loan.. .1333.
fia
do
do
1891.
53, do
do
1892.
do
do ' .1333
North Carolina—
6s, old. J. * J

52
52
52
52

..

1

Georgia 63
do

7s, Penitentiary
6s, levee
3s, do
ss, do 1875
8s, of 1910
7s, consolidated.....
78, small
Michigan Gs, 1878-79,
do
6s, 1333...,
do
7s, 1893...

5^; Missouri

Ask.

51
52
52

6s, new.
6s, new float’g debt.

do
do
do
do
do
do
do

,

22

...

do
do

...

8s of 1893

Avksn^as6s,funded.

Bid

L julsiana 6s

registered

7*

77

78

BONDS.
180

1

Union

* Logaimport
is...
68* 71
do
ex coupoi
104* 105
Un. Pacific, So. Br 6s, g..
18
112* :
‘d»
2d mort..’93....
9J*
do
21*
’sue*-;
11** t.
2d moit.. Ex* Nov.,’V7,coui»
South’ll Securities.
8M<;
Chicago * Alton
7344 74
82* Denv.& Rio Grinde 1st m.JIXK)! HO-V, 3u%
(Brokers' Quotations.)
yuincy <a Toledo, 1st m., ’90.
do
:
F3 ~
f69* 70*
pref
Erie, 1st inoru, extenaea
113
do ex mat. *
i ■
1
Cleve. Col. Cln. & 1
74
STATES.
80
Nov.,’77,cou
31<14i 3214
do
2d
do
10 4
7tt, 18iD..‘
;
104*1
Illinois & So. Iowa, 1st inert
Cleve. * Pittsburg, guar.
100
Alabama new consols, A..
c3
42
44
fc.i*l do 3d do
106* '10754!
7s,
1883
do
ex coupon....
Col. Chic. * 1 Cent
80
83
B, 5i
70
4>
73
4% do 4th do
7s, IbHO
303
C
jl03fc{
*
92
Dubuque * Sioux City.
46
do
5th do
48
1011
7s, 188S.
no
Erie pref., $2 assess, paid.
Georgia 6s, 1879-’S9
do
100
7e, cons., mort., g’d bds
101*
[
j
S. Carolina con. 6s (good).
Harlem
tll)7w;
138
79
do Long Dock bondB..
Si
111
I113*!
do
do
Joliet* Chicago
reg...
Rejected
(best
£8
Buff. N. Y. & E. 1st.in., 1916...
107*
sort)...
72
19*'.... 1
Texas
Kansas Pacific
12
«s,
1892
/.
Han.
&
M.*S.
104
St. Jo., 8s. conv. mort.
+ 102
102
12*'
JTZfftcellaneoun Lii*t,
162 •<
7s, gold, 1892-1910. .J.&J. +112
Long Island
113
j Ill. Cen.—Dub.&Siou.x C.,lsrn +102 i
(Brokers' Quo union a.)
NilflRourl Kansas & Texas.
7s, gold. 1904
...J.*J. +113
1)5
do
do
2a div. tl’7 1 ••
CITIES.
Nashv. ( hir. & St. Louis.
10s, pension, 1594.. J.*J. + 101
! Cedar F. * Minn., 1st mort..
102
787
Mew York Kievateu loo.
Albany,
N.
Y.,
78
85
6s,
long
103
100
24
Indianap. Bl. * W., let mort.
(
CITIES.
Buffalo Water, long
N. Y. New Raven * Hart.
159
160
|
do
do
2d mort.
Atlanta,Ga., 7s
j....
Ohio* ?Ji«=ls£i;»p ,pref
Chicago
6s,
95
dates
long
fiS
Lake Shore—
noo
8s
1
101*
do
Pltte. f t. W. * Ch., guar..
’is, sewerage
103
1(6
tl05
Mich S. & N. Ind., S.F., 7 p.e
97& 93
106
It 7*
j
"Waterworks
do
do
do - special.
7s, water
96
101
Clevc. & Tel. sinking fund..
M 08
109
110
Augusta. Ga., 7s, bonds..
do
(....
Rensselaer & Saratoga
7s, river linprovem’L
97
100
do
noH
new bonds
108* Charleston stock Os.
X
110
Cleveland
Rome Watertown * Og.
V
7k,
46
long
52
Cleve. P’vill i & Ash., old bds
+108
109
! Charleston. S.
103
Detroit Water Works 7s....
F. L.
C.,
7s,
St. Louis Alton & T. 11
.*
72
do
•no
1....
do
112
1H
new bds
109
1.... Elizabeth City, 1880-1903.
Columbus, Ga., 7s, bonds.
do
do
60
1 Buffalo & Erie, new bonds... 111
67
pref.
^69
76
Lynchburg
6s
do
Belleville* So. 111.,pref.
95
188.3-99
97
168
•72
K3
j Buffalo & State Line is
Macon bonds, 7s
Hartford Cs, various
Bt. L. 1. Mt & Southern...
50
12
60
104
107
| 12* | Kalamazoo* W. Pigeon*at 100
Memphis
bondt
C
8t.L. Iv. C. &
2)
35
Indianapolis V-nOs
Det. Mon. * Tol..1st 7s, 1906
rl05
North’11,prei
Bonds A and B
109*'
Terre Haute* Ind’poiis
Long
Island
20
! ;. i Lake Shore Div. bonds
35
City....
1 L j2
t96* ;oo
Endorsed, M. & C. KK.
Newark City 7s long
United K. J. E. & C
25
do
+108
111
Cons. coup.. 1st.
126* 1
113*1....
Mobileds (coups, on)
do
Water
7
20
1112
s,
115
do
1
Cons,
long....
Wiseel’oiis Stocks.
reg., 1st.
8s (coupons on)
113*
Oswego 7s
20
do
Cons, coup., 2d..
H00* 102
Atlantic & Pac. Tel
lot*
6s, funded
o0
Poughkeepsie
Water
30
do
Cons. reg.. 2d
+110* 111*
92*
Ain. District Telegraph..
1*5* Rod
Monigomery, new f»s......
Chester C, Water hd*.. 1308. flU
48
Marietta & Cln. 1st mort
113
"anto" Co., Baltimore
180
iO
New 3a
...:
Toledo 8s. wate
1891-’!)4
35
105
Mich.
109
Cent., consol. 7s, 1102
American Coal 4
no*
Nashville 6s, old
Toledo 1-30s.
80
90
197
100
do
1st m. 8s, 882, R. f.
ConsoMdat’n Coal of ,Md..| 4cO
:io;!* Yonkers Water, due 199”
6s, new
25}i. 1|
80
90
do
108
Cumheriand Coal & iron.
equipment bonds.
1....
New Orb ans prem. 3s
29
82
iNew Jersev Soutnern ist m. 7s
in
4
Maryland Coal
RAILROADS.
Consolidated 6s
)
10
34
37
IN. Y. Central 6s, 1883.
Atchison * P. Peak, os, gold..
103* [
14o
Pennsylvania. Coal
Railroad, 6s
44
4-t
S2
35
do
Boston & N. Y. Air Line. 1st m
6s, ISS7
106*1.
Wharf Improvem’ts, 7-30
8orlng Mountain Coal... f
50
102
103* Norfolk 6s
do
Cairo & Fulton, 1st
103
6.?, real estate..
Mariposa L. & M. Co
7s, gold...
2*
75
80
3-*
J
94
do
103
Cs, subscription.
do
do
Pac. RR„ 7s, gold
i03* jCalifornla
Petersburg 6s
pref.
97
100
J
93
95
do & Hudson, let
do
OntarP Silver Mining
8s
OU
m.,coup 11954
jJS
6s,
2dm.
g.
84
j
06
do
do
ist m.. reg.
Central of Iowa lstm.
;ii9* 120
Richmond 6s
37
7s,gold.
40
101
!
Hudson R. 7s„ 2d m., s.f., 188;
Chic. & Can. South 1st m.
in
102*
Savannah 7s, old
Kailrorad Konids, '
2)
g. 7s.
1
64
! Canada South., let guar..
70
7b
74*1 74;*’ Chic. & East. Ill. 1st mort., Gs
(£’loci' Exchange lOnce*
07
(9
1
62
I Harlem, 1st mort. 7s,coup... 118
j
65
do
.2d in. Inc. 7s.
Lost-A H. * Erie, 1st in..
Wllm’ton,N.C.,6s,g.)
18
22
j
coup
28* 29
j
do
do
7s. reg...
Chic & Mien. L. 6h. 1st 8s. ’89.
118ft
do
8s, gold
J on.
guar,
I
100
f....
North Missouri, 1st mort
1-5
Jh.St.t*.* v,inneap., 6s,g.,new 1 x80
15nr. C; R ,?• North., 1st 5s..
105**!
RAILROADS.
7-1*1 71* lOhlo & Miss., consol, sink, fd
103
do
1. gr.,Gs, g
Minn.* St L.,lst 7s gua
103*0 do
45
! Ala. & Chatt.lst m. 8s,end.
1)0
do
7
9
Chic.* S’tliwestern 7s,
consolidated.... 10.3
Chtn.
<v, l;iin., cs. 1 fc.t in.
1 28
guar..
91
[1 Udceiver’s Cert’s (var’s)
do
20
29*
2d
60
do
Cin. Lafayette & Chic., lstm.
rii
pi: coin |
7.54
&
Atlantic
70
Gulf, consol...
25
78*
93
do
1st Spring, div..
|
15
Col.
j
&
!
Hock V. 1st 7s, 80 years,
Chicago & Alton 1st mort.; 1 4*
Consol., end. by Savan’n
no3* 105
iPacffic Railroads—
40
do
lit 7s, 10 years,
do
_arollna Cent. 1st in. 6s,g.
Income, 104
101
t99
105
20
j
Central Pacific gold bonds
35
do
107*
2d
d)
107*1
7s,
29
years..
9!
Cent,
sir:k’g fund 100* 101%:
t90
Georgia
cousol.m.
<s
do San Joaquin branch
106* V 8
90* 90* j Connecticut ^alley 7s
lollet & Chicago,181 m.
52
50
108
| Stock......! ./
do Cal. & Oregon 1st
68
72
Connecticut Western JstTs....
La.^fc Mo.. 1st m., guar..
92*
Chari’te Col.&A., cons. 79.
18
mo !
22*
84
do State Aid bonds.....
88
Dan.
|
Urb. Bl. * P. ist m. 7s, g.
St.L.Jack.* Chic.,1st nv
Cherav/
&
40
35
Darlington 8a.. 102
;
101* 104*
do Land Grunt bonds..
91
Denver Pac., 1st m.7s,
Chic. Bur.* Q. 8 p.c.,l8tir.
ld.gr.,g.
44
38
| EastTenn. & Georgia 6s..
90
Ml* 112
Western Pacific bonds..,.:
103* 101*! I Denver * IHo Grande 7s. gold.
do
consol, in. 7s
jfi.
Tonn.*Va.
93
6s,end.Tenn
90
m* 114*
90
|
Southern Pac. of Cal., 1st in.
95
Erie & Pittsburgh 1st 7s.'
do
5s sink, fun i
99
! E. Tenn. Va. & Ga. 1st. 7s.
Union Pacific, 1st mort. b’th
IOO* 102
do
107%
!
Ch.Pk.r &P..e f.lnc.os,T5.
con. m.,7s..
Stock
87
84
35
do
45
Land grants, Is. 10u?i
do
7s, equip...
6s, 1917, coupon
n
78
Georgia RR. 7s
1C4
10354 110
do
107
Sinking lurid... 102^ 102*1 Evansville & CrawfordBV., 7s.. 101
6s, 11)17, reglst’d
6s
105
109)4! 110
98
101
1 Pacific E. of Mo., let mort... 10 D* ioi>v ! Evansville Hen. & Nashv. 7s...
Central of JV; J., 1st jg.,’90
rtock
40
11354:114
70
do
2d mort
75
101
1 Evansville, T. H. & Chic. 7s. g. 48
do
do 1st consol.,
53
Greenville
&
84
88
Col.7s,lstm.
do
90
Flint & Pure M. 8s,Land
Income, 7s.
do
do
7s. guar
rsseMtcd.
j
grant. *85
90
o9><! 69*
82
do
IstCarou’tB
35*
do
1 Fort W., Jackson & Sag.
do conv
Macon & Auausta bonds..
8s, 88
81
83
South Pa'*, of Mo., 1st m
Grand R.& Ind. 1st 7o,
do
845-4 85
do
2d endorsed
assumed.
l.g., gu. '95* ~G7
68*! 69
~96 100
Kansas Pac., 1st 111. 6s, 1895.. *110
do
ist is, 1. g.,
btock
Lehigh* W.B.con.guai
88
86
notgu.
00
uo
wit
h
100
do
coup,
fs.
c
1st ex 1. g. 7s.
do
do
assei ted.
50
39
Memphis
es
ist
Cha’ston
7s
do 1st m., Gs, 1SS6
97
100
Grand River Valley Ps, 1st m..
7108
Am. Dock & Imp. bonds
!00
+99
! 2d is
59
do
75
with coup, ctfs
80
do
100* 101* Hous. & Gt. N. 1st 7s, g., certs.
do
btock
>8sented.
01
50
61*
GO
do 1st, 7e, Lea\ en. hr.,’St
7
Hous.& Texas C. 1st 7s,gold..
Cb.Mil.* St.P.ist m.Ss,P.I
120
& Little Rock 1st
Meinph.
93>i
do
92*
35
with
40
coup ctfs
do
do
2d m. 7 8-10, do
West,
42*
div
87
1(0
106
Missihslppl Cent. 1st m. 7s
98
do lsr,7.‘lE.*L.G.DM.’sD
102
do
do
1st 7s, *g ,iu;
Waco
2d mort.8s
85
104* :oo
102
do
with coup, ctfs
72
75
do
do
1st m., JLaC.D.
consol, bds..
2d
73
71
109
mort.,
ex
coupons....
lOS^i
do 1st m.. 7s. I’d
84
86
gr.,’80. 4Indianapolis* St. Louis 1st Is
do
Miss. & Tenu. 1st in. 8s, A. 108
lstm.,l.&M... 104
64
58
do
with coup, ctfs
1!0
82
ttl.l
do
indlanup. & Vlncen. lot 7s, gr..
1st mort., 8s, B
90
lstm.,1. & D. 101
84
do 2i mort.,7s. 1894.
B2* 83*
IS
International <.Texas) Istg...
do
lstm.,H.*D. 10)
do
61* fc3* Mobile & Ohio sterling 8s
63
with coupon ctf-i..
65
18
Int. H. & G. N. conv. 8s
20
do
20
lstm., C. &M. 107*
Sterling ex cert. 6s
do
63
Inc. cp. No. li on 1916
65
14
Jack.L. & S. 8s,lstm..“white”
do •
consol.sink.fd
102
Interest
8s,
tlOl*
do Inc. cp. No. 16online
45
99* 99*
50
14
Kal. Allegan. & G. R. 8s,
17
do
2d m
101
2d mort. 8s
9y
gr...
100
15
20
Pennsylvania RR—
Kalamazoo & South M. 8s, gr..
do 1st m.,7s, I.&D.E.i
N. O. & Jacks. 1st m. Ss..
80
97* 97*
106
Pitts. Ft. VV. * Chic., lstm.. 121
110
121* Kansas City* Cameron 10s... +104
Chic. <v M. West. sink, fd
107
109
Certificate,
mort.
8s.
110
2d
do
do
101
2d m..
Keokuk & lies Moines 1st 7s...
11654 117
do
int. bonds.) 105
70
ashvllle Chat. & St. L. 7e 100
73
107
do
101
do
no
3dm..
do
do
funded int. 8s
consol, bds
80
110
1st, fis, Tenn. & Pac. Br
&
Cleve.
904
Pitts.,
consol.,
s.f.
113
1o
110*!
ext’n bds..
Long
Island
RR.,
Ut
mort.
103
101
105
1st,
6s,McM
.M.
W
.*
Al.Br
+
80
do
4th mort,...
f'SH
Louisv. &• Nashv. cons. m. 7s.
106*
do
1st mort..
ashville & Decatur 1st 7s
103* 104*
107*
Col. Chic. & Ind. C., let mori
094 100
do
2d in.. 7s. g..
5254 53
do
9(i
Norfolk & Petersb.lst mdis
87
cp.gld.bds. 104* 104*
do
do
2d mort
1044 100
15
i6
Michigan Air Line 8s, 1890
do
1st mort. 7s
102
j1 Montclair
reg. do
100
Rome Watert’u * Og.. con. 1st
1104* 105
82
& G. L.ist 7s, (new
Iowa Midland, 1st m. 8s.
2d mort. 8s
32
lift 34 101* St. L. & Iron
95
ioo
Mountain,
1st
m.
107
Galena & Chicago Ext
107*! Mo. K.& Tex. 1st 7s. g., 190-1-’06 42* 43
105
Northeast., S.C., ist m. 8s. 1(2
do
do
2d in..
do
768
2d m. income...
Peninsula. lBt m., conv.
2d
mort.
8s..115
‘0*
9*
St.
L.
S8
uo*
Alton & T. H.,lst mort.
108
N..T. Midland 1st 7s, gold
t
Chic. & Milw., 1st mort.
23
25
108*
90
do
2d mort., nref..
94
6S
>1. Y. Elevated RR., 1st m
Winona & St. P.. 1st m.
90* 91
:.as,6s.
70
102*
do
2d mort. inc‘mc
78
31
32
N. Y. & Osw. Mid. tut.....
do
2d mort.
7
3ds,8s
87
6*
35
Belleville * S. Ill.R. 1st in. 8s
40
92
do receiv’s ctfa.(labor)
GO*
C.C.C.&Ind’s 1st ni.7s.SK.
30
4ths,8s
12
107* 19754 Tol. Peoria * Warsaw, 1st E.L
20
*1

Albany & Susquehanna..
Burl. 0. Rap. «v Northern.')

j

rt>n>

Kens. * Saratoga. 1st c

*-

u>>

uo

.

—

,

..

,

...

....

..

!

1

••

....

....

•

.

...

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•

.

•

.

•

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*

*

a

.

..

1

...

—

^

.

.

!

,

...

...

+

.

...

.

....

.

.

.

....

.

.

.

.

.

.

.

B

•••

....

....

...

..

*

.

...

...

^

....

....

■

-•

....

...

....

•

t

.

•

....

..

....

•

....

-

-

..

••••••

•••«

....

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....

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.

....

....

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"

....

|

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....

.

....

'

-

.

...

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...

...

....

....

....

.

....

....

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'

.

•

.

*

•

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.

....

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...

,

.

‘

t...

•

a

t

..

tjr

t

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..

..

....

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....

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.

.

....

.

.

...

» --1

_

....

f

.

.

....

.

...

•

•

•

‘

....

do
consol, in. bdi
Del. Lack. & West., 2d m.
do
7s, conv.
•

do

inert...

7s, 1907
Syr. Bingh.* N.Y. nt.it
Morrl« * Essex. 1st. ra..
do
2d mort..
do
bonds, 1903.
do
construct’n
do
7s, of 1871
'

do

'




80
80

97*

91

1st m..’k
do 189
1st extend i d
coup. is. iSi*
reg. 7s,18tg

07
1:00

to-*
796

Albany* Susq. ist bds.
do

107*

1st con. guar.

Del.&Hud.Canal,
do
do
do
do

104
102
.103
101
116

'd

'I..
*

in*
|

90
104
105
104

101*
117
108
90

85
99

7t)4*

do

1st wT. d

do

.builingt’n Div

do

2d

....

....

do P.Com.bcpts.lst.E.l)
do
do
ist.W.I)
do
00
Bur. D
do 1st pref. Inc for21M
do
do
fo cons’d
Tol. * Wabash, ist. m. extenc.
ex

97*

do
do
do

9/*

do

Extended,

97

price nominal.

t

do
do

do

.

...

t20
94*
94
,

20
20
130
10 j*
101

84*
97

...

ex coup..

73*

eauin’t bonds

5
60

con. convert

Ex.

Aug.,’78,& prev’s

....

....

t And accrued interest.

•« •

•

#

r

4

,

.

do

2d,

guai

84* Sandusky Mans. & Newark 7s.
South Side, L. I., 1st in. bonds.
<ao

i
10
64
55

tM

%

nriiiH m-iiHV

113
86
*20
72
92
70
49
29
24
30
*99
66

sink. fund...

South. Minn. 1st man. 7?,
I Southern Mir,n., 7s. 1st
! Tol. Can. S. * Dot. 1 ot. 7t. £r
•

’S3..

a. 4*

.

liitpRf.

40

73

Southwestern, Ga., stock,
74
51

i.

...

30

7s..

95
78
102
80
86
30

90

46
nw

80
125

*90

SO
105
104

33
30
10
40
U6
1(6

15

25

*5

PAST DPR COUPONS

98

Jir.io

in.

avannnh & Char .1st ni. 7t
Cha’ston & Sav. 6s, end.
Wesc Ala., 1st mort. 8s
2d in. 8s, guar

■

20

Carolina RR. 1st

7s, 1902, low' Ncs
7s, non mort

31

85

n unt

*85

mort. 7a.

93

104
70
85
92

83
..

25
114

•zo

,

mort

coupon..
Istm.St.L. div.
ex-matured coup....
Vd mort

97
113

»

do
do
(otheri
Omaha * Southwestern RR. 8s
Oswego & Rome7s,guar
Peoria Pekin* J. 1st mort
Pullman Palace Car Co. stock.
do
bds., Ss, 4th series
St. L. & I. Mt. (Ark. Br.) 7s,
g.
St. L. & San F., 2d m., class A.
do
do
class B.
do
do
class C.
St.L.*So’easl. con3.7s,gold,’94
St. Louis Vandalia & T. H. 1st.

t

...

do

100

f

*

Virginia coupons.

40
20
80

Memphis City coupons.

82

30

4U

mudp

wp.olr

.

November 9,

THE CHRONICLE.

1S78.1

irtasih
Capital.

Companies.

Mark’d thus (*)
are not Nat’l.

latest

dates. §

Amount

I.&

Slock

Surplus
at

NEW YORK

LOCAL

,

....

..

.

..

Period 1876. J877.

100
100
100
Nassau*
100
New Yor*
100
N. Y. County.. 100
N. Y. N. Excli. ! 00
Ninth
100
No. America*.. 70
North River*.
50
Oriental*
25
Pac tlc*...
50
Park
100
Peoples’*
25
Phenlx...
20
.

Metropolitan
Murray Hill*..

..

.

...

.

Produce*

Republic

St. Nicholas....
Seventh .Vard.

Second
Shoe & Leather

Union
W est Side*

100,000
1,000,000
2,000,000
200.000

300,000
750,000

100,000
240,000
300.000

422,700
2,000,000
412,500
1,000,000
1001 200,000
100 1,500,000
100 1,000,000
100
300,000
loo; 300,000
100' 1,000,000
100
200,000
100, 800.000

Sixth
State of N. Y..
Third
100

Tradesmen’s...

40,-0C
857.400
85.300
68.300
673,100
79,20i»
75,700
38.300
o5,t 00
84,500
164.400
217.700
297300

500,000

3,000,( '00

40
50
100

m’.&n!
-J.& J.
r. & j.

"iff*
4

F.&A.
J.&J.
-J.&J.
J. & J.
J. & J.

f*

•

.

12
12
10
10
7

Q-F.

4,100
28’,000 F.&A.
36,100 F.&A.

48.200
67,1*00
232,000
42.200
189.300
nil.

•J. & J.
I. & J.
J. & J.
J.&J
M.&.N.
J.&J.
337,500 J. & J.
725,wo6 M.&N.
78.200 J. & J.

6

80

ta -’u!y. ;g. ^ 121
8
July, ’78. 4
8
a ugM ’78. 4
3
Jan., ’77. 3
G
July, ’77. 3
July, ’74. .3*
11
-July, *7*. 5
12
Nov., ’78. 2A 120
6
-;uly, ’78. 3

8
10
9
8

•

•

•

•

•

...

93
145

July, ’74.
G^ Aug., ’78.
OA Aug. ’77.
3
July, ’78.
10
July,’78.

3Vg

10
7
7
3
9
8
8

Ju y,

3
2Jt>

100

Commerce Fire
Commercial

100

30
...

Empire City.... 100
100
Emporium
30
50
17

50

Greenwich.....

205

Guardian
Hamilton
Hanover
Hoffman
Home

142

25
100
15
50

50
100
25
50
50
100
30
20
40
50
100
25
50
25
100
100
25
50
50
50
50
50

Hope...;...
Howard

Importers’* T..
Irving...
Jefferson
,85
121
70

Kings Co.(Bkn)
Knickerbocker

Laiayette(Bka)
Lamar..
Lenox..

Longlsl.(Bkn.)

83
192

Lorillard
Manu,‘.& Bund.
Manhattan

Mech.&Trud’rs’
80

70^

100

Mecli’ics’(Bkn)
Mercantile..

.

1108

3
3
4

Rutgers’..
6ateguavd

100

St.Nicholas....I
Standard
Star

25
50
100

Sterling

’00

Republic

§ The figures in this column are of date October 1st tor the National banks, and
Sept. 21 for the State banks.

of date

Gas and City Railroad Stocks and Ronds*

Stuyvesant.
Tradesmen’s....

[Gas Quotations by George H. Prentiss, Broker, 30 Broad Street.!

United States..
Gab Companies.

Par.

*25

Brooklyn Gas Light Co

Citizens’Gas Co (Bklyn)
do
Harlem

20

oertiflcates

1,C00

Manhattan

Metropolitan
ao

-

certibcates

Mutual, N. Y
do

Nassau.

bonds

Brooklyn

do

'

no

do
do

bonds

d>
certlficatee.
Central of New York

Williamsburg
do

Metropolitan, Brooklyn.....

Municipal

5
3

Apr

1,000
Var.
50
50

100

700,000
4,000,000
1,000,000
325,000
300,000
460,000
1,000,000
; 1,000,000
1,000,000

’78 115

,

Juy, ’78 GO
3A Oct., ’78 90
3
Feb., ’78 35
Juiy, ’78 130
June, 7©|145

\.#t
3ts

Yar.
100

scrip

Var.
Var.

5,000,000 Quar.
1,000 1,000,000 F.& A.
25 1,000,000 Yar
.

People’s (Brooklyn)

.

i*

Va
100
10

scrip

New York

2,000.000
1,200,000

Bid. Ask.

*

320,000 A. & O.
1,850 000 F.&A.
38' ,000 J.&J.
4,000,000 J. & J.
2,500,000 M.& S
1,000,000 M. & S

50
20
50
100
V r.
100

Jersey City & Hoboken

Date.

Amount. Period.

120
70
97
42
150

Westchester...
Wllllamsb’g C
.

*

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

July, ’78

3

VT—

4

May,

ill

90
50
80
75
16
90
65

’78
’78
’70

Jat*.,

’78
!* Juy,
Aug., *78

F.& A.

VA Ju y.
3A J“ y,
2A > sy,

Quar.
J.&J.
M. &X.

; 1,500,000

’78
’78
’78

80
9G
50
80

«

75
85
90
100
65
90

Sleecker St.it Fulton*erry—stk.
1st mortgage

100

Broadway it Seventh Ate—stk..

100

1st mortgage

900,000

1
J,

094,000 j. &
2,100,000 Q-J.
1,500,000 J.&D.

1,000
10
Brooklyn City—stock
2’000,000 Q-F.
1st mortgage
1,000
300,000 M.&N.
100
Broadway (Brooklyn)—stock...
200;000 Q—J.
100
Brooklyn dt Hunter's Ft—stock.
400,000 A. & 0.
1st mortgage bonds
1,000
OOOiOOO J.&J.
100
Bushwick Av. (B'klyn)—stock..
500,000
100 1.800,000 J. & J
central Fk.. 2i.de E. River—stk.
Consolidated mortgage bon's 1,000 1,200,000 J. & 1).
100 1,200.000 Q-F.
Fry Dock%E.B. dkBattery—stk.
1st mortgage, conB’d
cOO&c
900,000 J.&D
100 1.000.000 •J. & J-.
Eighth Avenue—stock
1st mortgage
1,000
203!000 J. & J.
2d St. dk Grand St Ferry—stock
100
748,000 M.&N.
1st mortgage
1,000
236,000 A.&O.

•X*

July, ’78 |
7

3
3
7

•••••••*

Central Ci'oss ’loic?i- stock.
1st mortgage

fiOV-Ston Vr?*t. Rt.it. Pur. Fy—
1st mortgage
Second Avenue—stock
3d mortgage
Cons. Convertible
Extension

...

100

1,000
10 f)
500
100
.

1,000
1.000
cOO&c.
J00

600,000
200,000 M.&N.

J’ly.1900

m Oct,
7
June.
SA Nov.,
7
Nov.,

’73 175
’80 104
Ju’y, ’78 135
Oct., ’76 85
100
1888
80

3
7

July, ’78

2

Nov

7

June,

6

7
6
2

7

1,199,500 Q.-F.

150,000 A.&O.
1,050,000 M.&N.
200,000 A.& <».
750,000 M.&N.
415,000 •T. & J.
2,000,000 Q— F.
V ,000,000
T. & J.

7
2
7
7
7
5
7
10
7

#

1902
,

90
’78 86
’93 101

Ju y,

”*8
•Ian., ’81
Nov., ’78
Apr., ’93

25
25
25
10

50

92^

July, ’94

10
85
40
95

Apr., ’78

Apr ’85
May, ’88
,

Oct.. ’83

101A

180

110
150

102

82A

iio
130
115
50
96
on

90
50
100
85
85
67 A
115
no
100
100
105

220

’7.8.10

17*

---

125,67112

418,974’30
103,590! 20

10
12
12
10
10
20
10
20
10
10
20
10
11
14
30
20
10
20
120
25
16
20
20

J'

10
12
12
13
10
20
10
20
10

20

To
12
20
30
20
10
20
18

20
14
20
17

10 *

10
12
30
20
20
20
20

12
11
20
20
20
18
20

iob

’78. 5
July, ’78. 5
cept. ’78 5
•July. ’78.10
Jau, ’7©. 5
Ju v, ’78. 8
July, ’7*. 5
Ju y, ’78. 5
July, ’78. 8
•July, ’78. 5
Ju y, ’78. 6
•Inly. ’78. 5
July, ’78.10
July. ’7-L10
July. ’78. 5
July, ’78. 8
July, ’78. 5
July. ’78.10
Juiy, ’78. 5
July, ’78.10
Aug.. ’78. 7

102

Jul

[10

io *

Jy. ’78. 5

July, ’78 5
,

165
80
145
100

,

90
150
105

90
150
80
130
105
leo
16 J
>*3
130

107
1)3
1>8
130
50
60
110
no
2-10
107
187
115
120
50

July, ’77. 5
July, ’78. 5
Oct

MO
110
85

’78. 5

July,
July,
•July.
July,
Juiy,

'85
140

90
140
120

ii'oi
195
150

'65
115
120

lib
125
70

*80
95

80
130
105
90

including re-insurance, capital arid rcrip
f Inclu3 ve of
miius sign tefcie them shew that the tonnany is

[Quotationsby Daniel A. Moua.n, Broker, 40 Wall Street.]
I

Intkkkst.

|.
I

NiW

Rate.

Mouths

Price.

•

Bonda

Payable.

due.

Bid. Ask.

York:

Water stock
do
Croton water

1841-G3.
l,;54-57.

stock..1815-51.

do
do
.1352-60.
Croton Aqned’ctstock. 1865.
.

pipes and mains...

do
io

repervoir bonds
Central Paik bonds. .1353-57.
do

..1358-65.

no

1870.

do
1*75.
Market stock
1365-63.
Improvement stock.... 1869
do
CIO
....1865,
Consolidated bonds
vai.
Street imp. stock
var.
do
do
var
New Consolidated
Westchester County...

[Quotations by N

-

do
Fnrk bonds

:

Bridge bonds
water loan

Feb.,

May Aug.& Nov.
uo

do
do
do

do
do
do
do

May & November,

Feb.,May Aug.&Nov.
do
do

do
uo

May & November..
May & November.
do
do
•Jo-

do
uo
*

.

do
do
do
do
do

January & July.
do

do

1878-1880 100
1878-1879 100
1890
1102
1883-1890; 103
188-4-1911 ”.04
1884-1900 109
1907-1911 lu7
1878-1808 101
1877-1895 100
1! 0
1901
106
1898
1894-1897 117
1889
!05
1879-1890 102
1901
no
1888
102‘&
1879-1882 102
no
1896
1894
106

102
102
103

106^

108
117
108
103
107
117
108
128
106
:i4
III
105
K5
111
107

*

..

.....

Oixy bonus...
Kings Co. bonds

5
6
5
6
6
7
6
5
0
7
6
7
6
7
6 g.
6
7
6 g.
7

T. Beers, Jr., BrokerWall st.l

.

Brooklyn—Loom impr’ern’i—
City bonds

.»
•

...

do
do
Park bon £.8

7
7
7
7
7
6
6
7
%

1878-1880 ! 01
1881-1895 105
1915-1924 718 A
1903
7\8A
1915
118H
1902-1905 108
1881-1895 104
1880-18*3 103
1880-1&65 102
1924
iD'iA
1907-1910 107 A

January & July,
do
do
do
do
qo
*

do

io

.to

do
do

do
do

May & November.
do

dl>

January & July.
do

Bridge

do

106
114
121
12L
121

10914
107
108
106
109f
110

I

*Ab BroOtrlyn b<>noi11at.

[Quotations by C. Zabktskik, 47 Montgomery St., jersey City.]

May. ’77 60
Jersey Lilly —
1st mortgage
Watei loan, long
1,000
Julv, ’90 105
Third Avenue—stock
100
100
do
,.i
186&—*71
Aug.,’78
1st mortgage
1,000.
Julv, ’90 95
Seweragebonds... ...1866-69.
7 wnlt).third Street—stock
100
600,000 J- & J. 4
Assessment bonds... 1870-71.
Aug.,’78 95
1st mortgage
1,000
250,000 \f .&V. 7
M*v, ’93 100
Improvement bonds
so
Hereon bonds
iafiQ
•This column shows last dividend on stocks. but the date of maturity of londs




100
65
100

City Securities.

100
102
90
45
98
88

4

July- ’78.' 5
June, ~8.10
Aug ,’78.io

Ju y.

137*

90
ro
90
oo

5

Fleurei vi-h a
unpaired to that extent.

Water loan bonds
ioo
115
105
40

NOV.1904

non

500,000 J. & J.

02A

’78 65
’84 Too

25
95
70

duly, ’78!

Jan., ’7*

,

Dock bonds

[Quotations ry H. L. Gp.ant, Broker, 145 Broadway.]

65
85

<]"]y.

July.

iff*

Over all liabilities,

155
no
G5
98
60
85
80
22

’78. 5 60
?8. HA
Julv. ’7Q 7
130

10
15
15
10
4
10
20
20
20
20

’78.10
200,000
’78. 6
207,114'20
150,000
’78.10
112,290 20
150,000
’73. 6
1,000,000 656,319 15
’78. h
11,261 5
200,000
3* J»n., ’77. 3A
61,535 10
10
200,000,
July, ’78. 5
io
10
70
300,000 +33,061110
July. ’78. 5
13
73,07211
12
90
200,000
July. ’78. 5
25
20
165
200,000 209,231 J20
July, ’7'? 10
200,010 119,037| 125^ loA 16
July, ’78 8
60
10
10
200,000
19,41110
Mig.,’78 5
169,44311*6 11*55 1235 July, ’78.6*23 125
200,000
800,000 162,' 22 12A 15
17 A July, ’78. 5
100
85
10
10
200,000
54,227 10
Aug., ’78. 5
20
200,000 150,216 20
July. ’78. 7 120
,16
25
150,000
181,242 20
20
July, ’78. 5 132
16
250,000 237,990! 16
116
July, ’78. 6 125
10
100
ilO
300,« 00 196,307110
Aug., ’78. 5
20
lu5
250,000 414,028 20
120
July, ’78.10

scrip.

5

■*
78 i 105
3<* AUg., 78 100
Oct., ’73 oo

50,864 10
432,40310

350,000
200.000

50

Ridgewood

19,550!

200,000

300,090
500,000

50
25
25
Pacific
Park
100
.*
Peter Cooper... 20
50
People’s
Phenix (Bklvn) 50
Produce Excb. 100
100
100
25

19.135 10

141,783 12
108.807 12
_

Merchants’
Montauk (Bkn)
Nassau (Bklyn)
National
37A
N. Y. Equitable 35
New York Fire 100
X. V. & Boston 100
New York City 100

Relief

5
4

1? 0.000

500.000

200,000
200,000
41,215 13
200,000 t298,081 10
150,000 199,066.20
280,000
21,568; SO
150,000 162,772^20
200,000 120,421 10
51,864 10
150,000
200,000 f294,7c6 36
81,567! 10
300,000
200,000 201,431! 10
250.000
227,280 14
200,000 272,201 30
150,000 183,521110
200,000
54,368 10
200,000
170.808 20
114,891! 20
200,000
184,751! 20
200,000
200,000 115.836! 12
210,000
200,000

Niagara
North River....

3
4

Bid. Ask.

—

...

103

Last Paid.

,

....

Globe

178,940:20

•

50
Continental.,.. 100
40
Eagle

Exchange
Farragut

10
25
15
10
8
10
20
20
20
20
20
20
10
10
25

Pkicb.

July. ’78.10 175
Aug.. ’78.5*72
125
18
July. »78. 6 115
250,000 145,720'20
5
50
2,022 !0
Juiy, ’77. 5
300,000
10
« 0
5
Jan., »77> 5
200,000
20
125
25
July, ’78. 8
135
200,000 172,204
1,000,00 • t1006519 9 80 11*45 1250 Ju y, ’78.6 75 1 5
517.688
30
30
20
Oct.,
300,000
78jo 200
14
14
200,000 ’102,433, 14
July, ’78. 5 105
10
50
3
Jan-, ’77. 3
60
200,000 —11,973! 10
112
20
15
Aug ’78. 5
200,000 110,105il5
154.588
15
T25
15
Ju y, ’78.
12^
200,000
7A 100 130
90,569 19
15
12
110
204,000
July, ’78 5
10
45
13,380 10
10
150.000
July, ’77. 5
12
87,581 12
12
150,000
July, ’78. 5 100 ilO* ;
50
200,000 —12,658
10
10
1,000,000 720,101 10
July, ’78.' 5 ‘ 123
10
30
30
158
165
500,000 679,890
July, ’78. 7
20
20
200,000 129,778 18
Juiy. ’7s. 5 110 120
40
40
245
200,000 321,187 55
Ju<y, ’78. 7A
10
65
10
33*298 10
200,000
Juj.
’78. 3it 125
20
Ju y, ’78.
185
20
150,000 137,207 20
7A
10
10
500,000 599,219 10
July. ’78. 5 162
10
95,223 10
10
July. ’78. 5
200,000
95
10
117
10
July. *78. 5
420
3,000,000 1,179.042 10

German-Amer. 100
50
Germania.

80

’78. 5

July, ’78.
Nov., ’78.
-Jan.,’78.
Jan., ’78.
Nov.,’78.
July, ’78.

Clinton
Columbia

10
14
15
10
517 8

210.000

Firemen’s
Firemen’s Fund 10
10
Firemen’s Tr
100
Franklin

July, ’78. 4
Juiy, '78. 3

10
G

...

8
6
12
11
8

t

l’.GLi

....

138.700 J. & J.

9S6|300

nvA
.

July,* *73.*

.July, ’78. 3
Nov., ’73. 2H

20
70

City

1875. 1870. 1877.

78,642 10
200,000
300,000 415,561 30
200,000 807,980 20
153,000 209,786,30
300,000 1493,435 j 20

17

Citizens’

1878..*

200.000

50
25
25

Bowery
Broadway
Brooklyn

....

....

J.&J.
142.509 J.&J.

1,000,000
1,200,000
200,000

V3A

V*

Jan., ’76. 3A
July, ’78. 5

loo
loo

Atlantic

Dividends.

Surplus,
Juy 1,

28.310
200.000
lajm
200,000
400,000 1560,90 1
73,779
200,000

50

Amity

100

.

10

25

loo

...

American
American Exch

^eP'-.
?0V.,

...

Adriatic..
JEtna.

101

Ju;y»

iff*

Par. Amount

(...

iff*.

.!.& J.
J. & J.

Companies.

(Ask.

Bid.

Last Paid.

..

Metropolis*.

Net
Capital.

Q-J.‘

.

Ia««irance Stock Ij2a»£.
[Qnotnt1or.f» br F,. s. Hatley, broker. 7 Pine Uree’t.]

Price.

8
100 3,000,000 1,391,000 J.&J.
July *7Q 4, 129
No v., >78! 3
Am. Exchange. 100 5,000,000 1.327.400 M.&N.
i
100
Bowery...
July, ’78. 5
250,000 188,000 J. & J. 12
68
16
25 1,000,000 1.144.800 J.&J.
Broadway
’78. 8
HntY'hAra’ V
8
Butchers1*
Dr. 25
•July, .T7> 4
32.700 J. & J. JO
300,000
8
Ju y, ’78.
Central
8
100 2,000,000
348,500 ,J. & J.
3A 'od
Chase
100
23,200
800,000
9
Chatham
25
July,
450,000 168,100 •T.'&Vl i*o
3
ioo
Chemlca1
100
300,000 3.220.800 Bl-m’ly 100 ICO
’78.15
Citizens’
8
(VA July, ’78. 3
25
600,000 160.900 J.&J.
10
20
100 1,000,000 1,514,600 M.&N.
City
’78. 5 195
6
7
Commerce
100 5,000,000 2,598,300 J S & J
July, ’78. 4
3
Continental.... 100 1,250,000
320.200 4. & J.
Jar-., ’76. 3
75
'io Aug.. ’78. 5 120
Corn Excli’ge*. 100 1,000,000
681.200 F.&A. 10
East River
25
60,800 .1. & ,J.
6A July, ’78. 3A 90
250,000
11th "Ward*.... 25
8,500 -J.&J.
100,000
July, ’76. 3
Fifth
10
*ib
100
47,400 O-J.
150,000
Oct., 77, 2A
Fifth Avenue*. 100
148.800
100,000
First
*12 912i±A S\
100
360
500,000 1.277.400
3
Fourth.
100 3,500,000
887.800 J.&J.
95
7A
July, *78 3
10
Fulton
so
120
600,000 446.300 M.&N. 10
Nov., ’78. 5
7
Gallatin...
50 1,500,000
655,000 \.& O.
7A
Oct, ’78. 3 no
German Am.*. 100
43,100 F.&A.
750,000
Feb., ’74. 3
*0
German Excli.* 100
***6
49,‘J00
200,000
May.
May, ’78. 5
6
Germania*
7
100
48.700 May.
200,000
Mnv, 77. 6
7
20.900 M.&N.
8
Greenwich*.... 25 200,000
May, 78. 3
nl».
Grand Central* 25
ICO,000
3
Grocers*
40
22.700 J. & J. "8
300,000
3
Jan.,
7
Hanover
100 1,000,000
3
108,100
J.
July, *78 3A 100
14
14
100
1,763,200
7.
lmp.& Traders’
& J.
1,500,000
July, ’78. 7 20'1%
8
10
50
Irving
.-.
500,000 114,000 -T. & J
July, ’78. 4
Island City*... fO
7,000 J. & J.
6>« Jan., ’78. 3
100,000
12
12
Leather Manuf. 100
600,000 412.300 J. & -J
July, ’78. 5
8
9
Manhattan*..
133
50 2,050.000 1,019,300 F. & A
Aug, ’7^ 4
Manuf. &Mer.* 20
4,000 J. & J.
Juiy, ’75. 3A
100,000
Marine
"5
100
85
74,500|j. & J.
Jan., ’76. 5
400,000
8
Market
100 1,000,000
7'A July, '78. 3A 108
284,100 -J.&J.
0
Mechanics’
25 2,000,000
919,800 J.&J. 10
July, ’78. 4
Mech. Assoc’n. 50
3
80,600 M.&N.
2^ Nov., ’78. 2 *55
500,000
9
Mech’ics & Tr. 25
7>a Nov., ’77. 3A
89,900 M.&N.
600,000
6
8
Mercantile
100 1,000,000
184.200 M &N.
No**., ’78. 3 "?5
8
Merchants’.
719,909
7%
Ju y, ’78. 3
50 2,000,000
120
•J.&J.
8
6 A .iulv, ’77. 3
Merchants’ Ex. 50 1,000,000
218,000 -J. & J.
America

SECURITIES.

List.
1 lVIT’EN r>8

485

.

0
7
7

7
7
7

1895
1899-1902
do
do
1878-1879
Jan., May, July & v0v. 1878-1879
1891-24
J.&J. and J & D.

January & July, k
January & Juiy.

-

.Innnarv rtvI .l-’i-

1900

101
107
100
100
K6
105

102
108
101
•

101
107
106

.

\

486

THE CHRONICLE.

lumstwmts

to

AND

The Investors’ Supplement is
published on the last
of each month, and furnished to all

Saturday

regular subscribers of the
single copies of the Supplement are sold at the
office, as only a sufficient number is printed to
supply regular
subscribers. One number of the
Supplement, however, is bound
up with The Financial Review (Annual), and can be
purchased
in that
No

shape,

ANNUAL REPORTS.
Chicago & Eastern Illinois Railroad
Company—Chicago

Danville k Vincennes (Re-organized).
(For the fiscal year ending August 31,
1878.)
The first annual report of this
company,
just
contains
issued,
.the following:
Stock and bonds—

‘Capital stock (authorized)

AinoUDt issued uoder terms of
re-organization
scrip issued under terms of re-organization,
fractional amounts, and convertible
into full stock

Stock

$500,000

$384,900

being

Amount not issued at this date.
First mortgage bonds—
Amount authorized
Amount issued in re-organization
Ronds sold during the year

14,254— 399,154

$100,815

.

$3,000,0.0

...

$2,499,000

181,000- 2,680,0^0

Owned by the company

:

Income bonds—

Amount authorized
Amount issued under terms of
re-organization
Income scrip issued under terms of
re-organizttion, con¬
vertible into income bonds

.

$764,000

$320,000

$1,000,000

15,854— 779,851

Owned by the company

$220,145

SummaryCapital stock
Capital stock scrip

14,254
764,000
15,854

'

Total stock and bonds
..

...

Express

6,078
24,613

...

.

...

43.133

182,921

General expenses

Taxes, from Apr. 18

Total....;

125,954

Maintenance of cars
Maintenance of way
1&77

36,171

31,
$9,C43

Total (70# p. c. of

The

to Dec.

eam,gs)..$555,089

results of operations in the
past two years compare as
follows:

*

Gross

1S77-S
1.876-7

Earnings

$784,555

749,160

Increase
Decrease...

While there has been

$35,395

Operat. Expenses.
$555,039

open

Suspended

•

$18,678

advantages under which we labored, your revenues therefrom
would have been over
$60,000 in excess of what they were, with¬
out any

hire of cars, which
represents the

seen

the

excess of
charges
receipts for mileage of freight cars, showing a decrease
of
$8,385 over that of last year, and
resulting from the purchase of
fifty new box and fifty new stock cars by your board last
spring;
thus reducing
mileage for ubo of the cars of other roads, and
•showing an important saving to he made by
owning a sufficient
over

number of

9,358
21,497
17,483

6,746

$320,000
200—

320.2CO
10,496

.

21,413
497

$4,373,537

Or.

.$384,900

hani

on

66,100- $318,800

By stock scrip
By firct mortgage sinking fund bonds
By income bonds
Less

14,254

$764,COO
65,700—

hand

on

By income bonds scrip
By amount due for current expenditures.
By amount due to other railroad companies
By coupons matured and not presented....

3,000,000
698,300
15,854
69,818

.

10,071
1,581

By miscellaneous liabilities
By amount of bills payable outstanding....
By amount due on assessments
By balance to debit of income account

939

123,050
no

115,718

Total

$4,373,537

GENERAL INVESTMENT

NEWS.

Bald

Fagle Valley.—This company requests holders of its
mortgage bonds falling due May 30, 1881, to
exchange them for
new
30-year bonds to be issued under a mortgage for $300,000,
executed July 1, 1878. Holders are
requested to send their bonds
to the
Fidelity Insurance, Trust & Safe Deposit Company, of
Philadelphia, before December 1. The road is leased to the

Pennsylvania.
Bonanza

Mines.—The following, in regard to the bullion
pro¬
duction of the Consolidated
Virginia and the California mines, is
published in the San Francisco Bulletin: The
monthly bullion
yields in gold and silver for the first
three-quarters of the fiscal
year have been as follows:

winter.

Considering all things, your board feel very much gratified
with the traffic of the
past year, and had the rates of even the
previous twelve months been secured therefor, with all the
dis¬

17,245

Total

210,538

a

increase in expense.”
In the charges
against the freight department will be
account of

2,000
2,603-

account

To materials on hand, Danville
shop account
To materials on hand, road and
bridge material account...
To material on
hand, fuel account

$.29,416

large increase in the tonnage, the
revenue from
freight has not increased proportionately. The
local business shows a slight increase
in tonnage and a decrease,
in revenue.
The foreign business shows a
very flattering increase
although handled at a very low rate per ton. This class of
freight is principally competitive business. The local
freight
business of your road was
seriously injured during the winter of
.'*77 and ’78, by the
heavy and continued rains, which made the
roads leading to the various stations
utter impassable for
many
weeks. The coal business was also
lack of demand for coal, occasioned greatly diminished by the
by the general depression
and stagnation of business of all
kinds,
and in consequence of
the
“

$12,636

Net Earn’gs

538,622
$16,417

48,977
50,145

Bonds owned by company

Less

follows:
Operating Expenses.
Conducting transportation...$157,815
110,842 Motive power.
as

$3,^52,470

„

By capital stock

expenses of the road have been

Earnings.

Mails
Miscellaneous

Dr.
To cost of road to Aug. 31, 1878
To construction to Aug. 31, 1878
To equipment to
Aug.31, 1878
To cash on hand—
First National Bank,
Chicago
J. H. Wrenn
In hands of Treasurer
To amout due from station
agents and conductors
To cash in transitu from station
agents and conductors..,
To amount due from other railroad
companies
To miscellaneous assets
To amouot of
sundry securities—

$3,859,008

EARNINGS AND EXPENSES.

earnings and

ACCOUNT, AUGUST 31, 1878.

..

2,680,000

.,

„

Freight
Passenger

OBNERAL

$384,9 X)

First mortgage bonds
Income bonds
Income bonds scrip

The

earnings. If the ballasting and ditching had been
charged
construction, where it in reality belongs, and
only an average
renewal of rails, ties and
bridges been made, your expenses
would have been reduced
$12,294 for ballast, $15,000 for ties,
$10,000for bridges, $14,288 lor ditching, $11,000 for rails—in
all,
say $62,000, or a reduction of 8 per cent in
“
operating expenses.
Your Company have had no
litigation of any moment, except¬
ing such as has grown out of the foreclosure suit
of the bond¬
holders. Of this there are several suits
still pending for claims,
all of which have been
appealed to the
United States, excepting that of the P. Supreme Court of the
C. & St. L.
which is
a
charge of some $18,000 for switching, claimed toR’y,
be due from
A. Anderson, Receiver of the
C., D. & V. R. R., for use of their
tracks between Twenty-sixth
street, the terminus of the
Chicago
& Southern R. R., to St. Louis
crossing, the location of the old
distributing yards of the Company. The case is still In the
United States Circuit Court at
Chicago, and the money held
awaiting its decision.
‘‘The cases appealed to the
Supreme Court at Washington are
as follows : Claim of
Hinckley Locomotive Works for $15,793 75 ;
claim of Michael Schall for
$14,563 75 ; claim of Southwestern
Car Co. for $12,750 00.
Decisions in all three of these cases are
expected at an early day, and we have every reason to
expect
them to be in our favor.
Should they be favorable the amount
of the claims, which is
being held in Court, will be released at
once.”
gross

STATE, CITY AND CORPORATION FINANCES.

Chronicle.

[VOL. XXVII.

,

Consolida‘ed Virginia.

Gold.

January....
February...
March

$747,525
696,025
713 624

April

522,4^0

May

June

July
August
September.

314,691
191,528
115,793
124,571
133,127

Silver.

,

t—

Total.

$86',637 $1,613,162
841,781

669,136
139,900
295,352
177,449
100,555

1,537,810

1,53*1,760

115,344

1,162,300
611,043
368,977
216,343
239,915

125,965

259,092

.

—

Gold

$361,083
852, i 58
907,366
762,760
496,100

316,749
187,802
145,993

•California.Silver.

'r‘—

Total.

$112,936 $1,774,060
832,2.6
900,197
741,200
431,651
272 624
160,39 j

157,968

110,507

1,73 V 24
1.807,563
1,506,960

927,760
539,403
388,192
256,500

132,969

290,93?

Total... $3,559,285 $4,032,122 $7,591,407
$4,688,538 $1,547,840

$9,236,408

Chicago lfanYille & Vincennes.—After

under

foreclosure, the bondholders

the sale of this road

given

a decree of judg¬
against the old company for $1,153,326 for the
deficiency in
the proceeds of the sale in
meeting the amount adjudged due
under the decree of
ment

were

for the business demands of
foreclosure. The United States Circuit Court
your road.
We need
the business offered, and
in Chicago has now
granted the old company leave to file a bill of
they should be
purchased to save the heavy expense of
hiring.
Another heavy review of this judgment. This action is based on the claim of the
expense that your road is under is the use of the
tracks of other company that the bonds issued under the mortgage were offered
roads in getting
freight to and from points in Chicago, which and aacepted in lieu of money for the bondholders’
bid for the
•expense, you will observe, was $17,837, a decrease over
the pre¬ road, and that they had therefore no right to recover for
vious twelve months of $2,528.
any
deficiency.—Railroad Oazette.
The President, Mr. F. W.
Huidekoper, remarks as to the
Chicago & Lake Huron.—In the United States Circuit Court
expenses of operating. “ The expenses of
operation during the at Detroit, November 4,
Brown refused the application for
past year, taking into consideration the
large amount of expenses a receiver of the ChicagoJudge
caused by the bad condition of the
&
Northeastern
Railroad. * He held that
property, the incessant rains under the charter of the
of last winter and
Port Huron road, the time tor the con¬
spring, and the heavy and extraordinary struction of its road
west of Flint had
renewals that have been made
expired and the franchise
during the year (the entire was
subject
to
forfeiture
; such forfeiture, however, could
expense of which has been charged to
oaly
operating expenses), the | be enforced by proper legal
^property has* been operated for a fraction over 70
proceedings. The organization of the
per cent of * Chicago & Northeastern was held
more cars

cars

to transact

*




legal, but in the

construction

THE CHRONICLE.

November 9, 1878. J
of the Northeastern road property

of the Chicago Ac Lake H uron

used, and the amount so taken is a first lien upon the road
The parties who advanced money on the security of
so built.
Chicago & Northeastern bonds are entitled to a lien for the money
so advanced, which lien may be subject to that of the Chicago &
Lake Huron bondholders, if it can be shown that the parties
advancing the money were aware that Receiver Bancroft was
•msing money in his possession to build the new road. *
The complainant in the present case is, therefore, estopped
from claiming a paramount lien as against Vanderbilt, who rep¬
resents the parties who advanced money on the bonds.
The
complainant is thus placed in the position of a holder of junior
lien, and is not entitled to a receiver without evidence that the
funds of the road are being misappropriated, or some other action
taken to his detriment; and such evidence has not been brought

tions, and for the purpose of

carrying out the intention and
accomplishing the object expressed and declared in the said reso¬
lution adopted by the stockholders, do resolve as follows:

was

-

forward.
The Court has authorized the receiver to

buy and lay 500 tons
rails, to cost not exceeding $40 per ton, and to issue cer¬
tificates to an amount sufficient to pay for the same.
of iron

Hackensack & New York*—The bondholders who, under
foreclosure of their separate mortgages, have acquired possession
of the old Hackensack & New York
Hackensack Railway Company.
The

Hackensack, N. J., to
The new
the New

road have organized the

road is six miles long, from

junction with the Erie near Rutherford.
company leases its road temporarily to the Receiver of
Jersey and New York.
a

Hannibal & St. Jo.—Hannibal, Mo., Nov. 4.-—'The annual

meeting of the stockholders of the Hannibal & St. Jo. Railroad
was held to-day for the election of directors for the ensuing year.
Nearly 100,000 shares were voted—the largest vote ever cast.
There was no contest. The following are the directors elected: S. B.
Armour, Kansas City ; M. P. Bush, William M. Bliss, H. H. Cook,
William Dowd, Julius Hallgarten, W. B. Leonard, Horace Por¬
ter, and E. A. Buck, all of New York.
There is no change in
the directory, except the substitution of E. A. Buck, vice H. M.
Benedict.

Indianapolis Bloomington & Western.—Immediately after

the sale of this

road,

as last week reported, the Turner faction
they had a prior claim to that of the first mort¬
gage bondholders of $1,200,000, which they would make applica¬
tion to the Court to have paid before the confirmation of the sale.
A telegram was shown which stated that the bondholders and
creditors represented by Mr. Turner had $2,500,000 deposited in
a bank in New York,
and authorized him to bid that amount for
the road. It is said an attempt will be made on this to have the
sale set aside, but, having so much ready cash “on deposit,” it
occasions some remark that nothing was done until after the sale.

announced that

Louisville Water

Company.—The report of this Company
It shows the total net revenue

for 1877 has just been published.
to be $185,203 for the
The
year.

bonds amounting to
$900,000 is $54,000, aud sinking fund $11,385, leaving a surplus
of $78,256. A reduction has been made in the water rates, justi¬
fied by this large revenue, and the report adds : “ The reduction
can

be

borne

without

interest

on

detriment to the financial interests and

obligations of the company.”
Mobile & Ohio.—The Committee of re-organization of the

Mobile & Ohio R. R.

announce

for December 2

a

dividend of 3 per

cent to

parties entitled to the new first mortgage bonds, in lieu of
the half-yearly coupons for same amount due on December 1 on
the said bonds.

Ohio &
as

follows:

Mississippi.—Receiver King’s report for September is

Balance

Sept 1
Receipts irom all

#1Y'%
874,160

i-ourcea

Total

Vouchers, &c., prior to Nov. 18, 1376..
Vouchers, &c., subsequent to Nor. 1876

$337,956
$793
336,801—

337,593

Balance, Oct. 1
$50,36*
The United States Circuit Court has granted an order directing
the receiver to pay out of the earnings of the road the coupons
on the first mortgage bonds which became due
July 1, 1878.

487

1. That upon the first Monday of November, 1878, and upon the first Mon¬
day of each month thereafter, the treasurer of the Pennsylvania Railroad
Company fffiall set apart the sum of fifty thousand dollars; which sums of
money, and any other sums that may be set apart by other action of the board
for the same purpose, shall be p’aced to the credit, and sn^ject to the order,
of the managers of the trust by these resolutions provided for.

2. That once in each year, and oftener, if deemed prudent, there may be set
apart, out oI*the eimings and surplus of the company, b/ resolution of the
bonri-of directors, after payment of dividend to the stockholders, such
additional sum or sums of money as the 8t<*te of the company's business will
warrant, to be placed to the credit, and subject to the order, of the said man¬
agers of the said trust: Provided, That no such appropriation or appropria¬
tions shall be made during any year as will, with the monthly payments
hereinbefore provided for during the same year, exceed two per centum upon
the capital stock of the company that may be then outstanding.
3. That in pursuance of the hereinbifore-recited resolution, adopted by the
stockholders, a trust is hereby created; having for its object ihe purchase,
from time to time, of the bonds and shares of other companies, ths principal of,
or interest or dividend uaon. which is guaranteed
by the Pennsylvania Railroad
Company, in pursuance of the legislation in the foregoing preamble recited
or

referred to.

*

*

*

4.

That the said trust funds shall be under the control of five managers, of
whom the President of the Pennsylvania Railroad Company, by virtue of
his office, shall be one, and a vice-president, for the time being to be desig¬
nated by the board of directors, shall be one, and the other three, snch
directors of the Pennsylvania Railroid Company as shall be elected by the
votes of a majority of the whole number of directors.
*
*
*
No
*
compensation shad be paid to any of such managers for his services in dis¬
charge of said trust; but all clerical assistance aud other necessary expenses
shall be paid out of the trust fund'.
5. That said managers of said trust shall have au’hority to draw from
the

treasury, upon orders signed by at least three of their number, the funds
placed to their credit in pursuance of the previous resolutians, which, when so
drawn, they shall deposit to thetr credit in such depository in the city of
Philadelphia as may be approved by the board of directors. The funds thus
deposited, and all interest received thereon, or noon the securities purchased
tberewlth, shall be used by said managers in the purchase, as promptly as
practicable, from time to time, of the outstanding shares or ob'igations of
such companies, the principal, interest or dividend of or upon which is guar¬
anteed by the Pennsylvania Railroad Company, or for which it is legally liable;
but no purcDase of any such security shall be m ide, and no money shall be
drawn from said fund to be used in payment for the same, unless such pur¬
chase a id payment shall he authorized at a meeting of the managers, and by
a majority of the whole nnmber, and the checks therefor shall be
signed by
three of the managers. The securiiies purcha-ed shall not be canceled or
extinguished, but shall be held by said managers for the purposes of said trust;

and all interest or dividend * thereon snail be collec ed and deposited and
used in the same manner as the principal sums appropriated and set apart for
the purposeof said trust.
6. Said managers shall deposit in separate safes, specially designed for
that purpose, and under their exclusive control, in-the vaults of the Pennsyl¬
vania Railroad Company, all securities by them purchased with said trust

funds, making

at the time of any snch deposit a schedule, containing
sufficient data for identification, of all bonds or stocks or securities of any
character so purchased and deposited. * *
* The managers of the trust
shall be lie d responsible only for the exercise of good faith in the discharge
of their trust, and shall not be liable unless for willful neglect or ma feasance
in tre conduct of the trust,—each one being responsible for himself, and not
one for the other.
7. If at any time the managers of said tru«t shall be unable to purchase any
of said securities contemplated to be purchased for said trust, at prices by
them deemed proper to he paid, they shall maka

prompt report of such
inability to the board of directors, aud be governed by their instructions
as to the temporary investment of the trust funds in their hands, and if other
securities shall, under such authority, be purchased, they shall hold the
securities so purchased only until, they can buy liabilities contemplated to bo

purchased for the trust, at reasonable rates, at which time the other securities
so temporarily held shall be sold, and the proceeds, with any interest received
th >reon, accounted for and used for the purposes of the tru-tt.
8. Two stockholders, not members of the board of directors, shall be
selected by the board of directors at the same meetings at which managers of
the trust shall be elected, and in like manner from time to time; which two
stockholders shall, at a 1 reasonable times, upon their request, be permitted
to examine the accounts of ihe trust. And prior to the making up of each
annual report of the board of directors, it shall be the duty of such stock¬
holders to audit the accounts of the trust for the year, apd make actual inspec¬
tion of the securities then held in and for the trust, and make report to the
board, so that the result of their examination may be embodied in the annual
report to the stockholders: Provided, That no compensation shall be paid to
stockholders for such service, aud that they be so informed when notified of
their selection.
*
*
*
*
10. The board of directors may at any time make any modification of, or add! tion to, the terms of these resolutions which, in their judgment, shall be
necessary or expedient for the more efficient operation of the tru-t, and for

securing the purposes for which it is cro-ited ; but no such mod ftcation shall

time be made by the action of the directors as will direct .he funds of
the trust, the bonds, shares, or liabilities that may be purchased with said
trust fund, to be conveyed, assigned, or transferred in any form that will
conflict with, or impair the efficiency of, this trust; it being the intention
that the said trust shall be administered and continued for the benefit of the
stockholders of this company. The moneys and securities owaed by the trust,
under the provisions hereof, shall never be used for any purpose other than is
herein directed; and whenever, in ihe opinion of the board of directors, the
at any

appropriations to the trust should be reduced, or should cease, they may order

Oswego Midland Re-organization.—The two committees such reduction or discontinuance of such appropriations, having first reported
action to the stockholders, and obtained their ratification and approval
representing the first mortgage bondholders and the holders of their
receiver’s certificates of the New York & Oswego Midland RR. Com¬ thereof at a meeting to be called for that purpose by the board of directors,
upon at least ninety days’ notice.
pany, held a conference Nov. 1, to consider the question of
Railways of Breat Britain.—-From the Board of Trade annual
re-organization. It was agreed that the holders of receiver’s
certificates should hold another meeting and draft a plan of report for 1877, as condensed in Herapath’s Railway Journal, wo
re-organization, to be submitted to a meeting of the represent¬ take the following:
The total mileage for the United Kingdom in 1877 was 17,077
atives of both interests, to be held ou Thursday, Nov. 7.
A*, the
latter date, the conference committee appointed by the holders miles, including 12,098 miles for England, 2,776 miles for Scot¬
of receivers certificates, and the committee appoin ei by the first land, and 2,203 miles for Ireland.
Tne increase for the United
mortgage bondholders, finally agreed that the certificates and Kingdom over the total in 1876 is 205 miles, which is much the
bonds be retired, the holders of the former receiving preferred
and the latter ordinary stock, dollar for dollar, with interest.

Pennsylvania Railroad.—A dividend of two per cent on the
stock has been declared, and it was decided that when dividends
are to be made hereafter
they shall be declared semi-annually
instead of quarterly, as heretofore.

amount of increase as in the two previous years.
The
increase in 1877 has been 109 miles in England and Wales, 50
miles in Scotland, and 46 miles in Ireland.
same

CAPITAL.

The total nominal capital of

1877

was

£674,059,048.

the railways at the above date in
the total on the

As compared with

corresponding date in 1876, viz., £658,214,776, there is an increase
£15,844,272, or about 2*4 per cent a somewhat smaller rate of
auditors of the accounts of the trustees. Messrs. Iseac H. John¬ increase than in the previous year.
This rate of increase is still,
son and William C.
however, eonsiderably higher than that,of the mileage open for
Longstreth have accepted the position.
At a meeting of the board of directors Oct. 9,1878, the follow¬ traffic, and so far confirms the suggestion made last year that *
ing resolutions were adopted for carrying out the provisions of considerable part of the increased capital of railways is expended
the famous trust scheme authorized in March, 1878.
on lines already open for traffic.
A comparison of the total
Now, therefore. The board of directors, of the Pennsylvania capital per mile of railway open for a series of years shows
Railroad Company, in pursuance of said authority' and instruc¬ this very clearly.

According to the provisions of the trust scheme of the Penn¬
sylvania Railroad, two stockholders are to act as actuaries or




of

23781

488

THE CHRONICLE
Capital per mile
of railway open,
£35,943

Years.

|
j

fVoL xxvu.

Capital per mile

Rutland Railroad
Company.—Holders of the
eight per cent bonds, and of the dividend equipment seven
35,981 I 1876...
scrip of this com¬
39,012 pany, are notified that the
£6,574 11677...
company is now prepared to deliver in
39,412
1874...
37,078 I
exchange for said bonds and coupons, and for said
scrip and
the new mortgage bonds, as authorized
interest,
The principal part of the increase
in the capital in 1877 is in
by vote of the
stockholders.
the guaranteed and
preferential, as distinguished from the ordi¬
Scrip and bond holdera are invite 1 to call at the office
nary, share capital, and in the loans and
of the
debenture stock. The
amount of the
No. 85 Devonshire street,
company.
guaranteed and preferential capital was in 1877
Boston,
over
the
National
Bmk of Redemption, where
bonds and scrip can be
£237,048,153, or an increase of £8,140,161 as
compared with 1876, and information obtained.
exchanged
while the amount of the loans and
debenture stock was £171,969,662, or an increase of £4,671,761 as
Sti Charles Bridge
compared with 1876,
Company Bonds.—A meeting of the bond¬
makiDg together an increase of £12,811,922
out of the above
holders of the St. Charles
increase of £15,844,272 in the whole
Bridge Company was held Nov. 1, at
capital.
The emopnt whicli the committee appointed to
of the ordinary
confer with the St. Louis
capital, again, in 1877, was £265,041,233, or an Kansas City & Northern
Railroad Company, in
increase of £3,032,350 as
regard to the
compared with 1876. Carrying the proposed exchange of bonds
by the two companies, reported.
■comparison a few weeks back, it remains
The
railroad company proposes to take
true, as we noticed
last year, that the
up the maturing bonds of
ordinary capital of railway companies, although the bridge company,
it is swollen to some extent
issuing
therefor
bonds of the St. Louis
by nominal additions, is, nevertheless, Kansas City & Northern Railroad
increasing very slowly in comparison with the
Company to the amouut of
$1,000,009.
lie bonds, which are to be
secured by a first mort¬
preferential capital and the loan and debenture guaranteed and gage on the '1
capital. In 1870
property of the bridge company, are to run for
the ordinary capital of the
companies was £229,282,150, so that years, and are to bear 7
thirty
18?i

..

Years.

of

I le75...

railway open.

.

.

the increase in 1877 to
£265,041,233 amounts to £35,759,083, or
about 15*6 per cent.
In the same period,
however, the guaran¬
teed and preferential share
to

£237,048,153,

capital increased from £158.692,084
increase of £78,356.069, and about
49*4

an

per
cent; and the loans and debenture stock
increased from £141,an increase of £30,035
223, and about 21*2
per cent.
The transformation of “ leans”
into “debenture
stock,” whicli
has been going on for some
years, remains a most important fact
in railway
The loans are now so small in the
progress.
aggre¬
gate as to be thoroughly
manageable, and there is little more
for the companies to
gain in this way.

934,439 to £171,969,662,

BATES OF INTEREST AND
DIVIDEND.

The total receipts from
railway working, excluding miscellsneous receipts of various
kiuds, amounted to £60,644,057, or an
increase of nearly £ of a million over
the previous
working expendituie.at the same time, amounted to year ; the
£32,820,095,
or an increase of
£347,366 over the previous year; and the net
earnings amounted to £27,823,962, or an increase
over

of

the previous year.

£378,823

This last increase is at the rate of T4
per cent only, while the increase of
capital, as we have seen,
amounted to about 2*4
per cent.
These are the net earnings from
railway working alone. The corresponding figures,
including the
entire earnings of
railway companies from miscellaneous
sources,

exhibit much the same
changes, although the amounts and per¬
are rather larger.
The gross receipts were
£62,973,328,
an increase of
£757,553 over the previous year ; the
working
expenses were £33,857,978, an increase of
£322,469 over the

centages

previous year; and the net earnings were
£29,115,350, which is
increase of £435,084. In
consequence of the increase of
capital, however, the percentage of the increased net
earnings to
the total share and loin
capital is lather lower than it was the
year previous, being 4 32 as
compared with 4*36 per cent, while
last
an

year wss also one of decline.
The total interest and dividend
thus appears as
£29,855,415, or
in the proportion of 4*43
per cent on the total
capital, as com¬
pared with the above sum of £29,115,350,
being the net earnings
from the whole
working of railways, which is in the proportion
of 4‘32 per cent.
The following statement shows the
rates of
interest and dividend
paid on the undermentioned
guaranteed and preferential capital, and loans and ordinary,
debenture
stocks, for the year 1877:
INTEREST AND DIVIDENDS ON
BRITISH RAILWAY CAPITAL IN
1677.

Rate of Interest
or

Ordinary.

Dividend.

Amount of

Capital.
£11,<53,518

Nil
Not above l per cent....
Above 1 & not over 2 p c.
“2
“3 “
3
“4 “
“4
“
5 “
“
5
“
6 “
“
6
“7 “
“
7
“8 “
“8
“9 “
“
9
“
10 “
H)
“
12 “
“
12
“
13 “

.Total

911.317

14,953,235
11,919,119
21,591,370

23.780,501
03,493,003

78,109,075
3,032,255

Amount of
Capital.

Amount of

£191,793

£10.420,253

101,1*0
2,8 4,234

11.010
424.5° 0
6.4 8,175

The increase of

19.280.507

more

Capital.

£372,563

22,40.-0 5-,7
118.174,378
4,160,890

42,790.833
0,054,381
1,220,977

297,500

847,320
4,235,0(0
35b, 765

183,225
2,. 00

603,241
2i3,0j0

£205,011,233

£73,365,105

£163,6.2,448

AND

in

2,“85448
31,200

£171,909,662

pretty equal
traffic.
or

The

£370,-

or

^ffiSd. in
The increase in the
passenger traffic has thus, in all
probability, not been beneficial in the way of an increase
of net
earnings to the railway companies, the increase of
3:} per cent in

1877.




being far
reaeiptp.

more than

W. B.

$1,821,755.
Reese, commissioner,

make the sale.

is

appointed by the

court

to

The amount realized from the sale
is to be ap¬
plied, first, to the payment of the costs of the
suit; second, to the
payment of the amount adjudged to be due to ike
holders of the
receiver’s certificates, and, if the amount is
insufficient to pay the
same in full, then to their
payment pro rata; third, to the pay¬
ment of the interest on the
bonds secured by
mortgage to E. F.
Winslow and assigned to
Opdyke and Calhoun, with interest from
maturity until paid, and if proceeds shall exceed the amount
thereof, the balance to be applied to the
payment of the principal
of the bonds.
Fourth—To the payment of the
coupons or interest instalments
on the bonds secured
by the said mortgage, and ultimately to the
principal thereof, in the same manner as is provided with refer¬
ence to the Winslow

mortgage.

Railway Company.

Paul

—just
ot

goods train mileage was 107.400,000
miles, or
(being nearly 1 1-5 per cent) more than iu 1876.1,261,000 miles
The receipts
per train mile from passenger traffic
have
accordingly fallen
from 58*63d. in 1876 to 57*441. in
1877, while th« receipts per
train mile from
goods traffic were 5*78d. in 1876 and

the working
of passeDger

1. Judge
decree which provider for the sale
of the Ten¬
nessee Division of the St.
Louis & Southeastern
RR., on the 1st
day of January, 1879, unless the sum of
$8,487,047 is paid to the
creditors of the road on or before that
date.
Last
the Ken¬
tucky division of the road was ordered to be sold onJuly
the same
day,
and it is likely that both decrees will
be carried out.
The credit¬
ors of the road hold four
thousand Dine hundred and
twenty-two
bonds of $1,000 each,
bearing 7 per cent,
and due in
1902. The interest on these bonds not gold, interest
having
been
paid
for four
years, the sum of $1,358,140 is due thereon
; and this bearing an
interest of 6 per cent will, on
January 1, 1879, make the further
sum of $463,615
due, making the total amount of interest due on
the debt
a

Western Union Railroad,—The
Chicago Tribune publishes a
special dispatch from Milwaukee
containing
the following : “ It
is probable tbat a
complete change will take place in the West¬
ern Union
Company, and that it will be totally absorbed in the
St. Paul Company, of
which, since 1869, it lias been a sort of
parasite. The capital stock of the Western Union
Company is
$4,000,000, of which the St.

The receipts from goods traffic
amounted
£335 630 more than in 1876.
It
that
appears
these rt suits have been
obtained along with a
larger propor¬
tionate increase of
passenger train mileage than of goods train
mileage. The passenger train mileage was
109,675.000 miles,
or
3,750,000 miles (being 3.V per
cent) more than in 1876. The

£34,109 947,

St. Louis & Southeastern.—At
Nashville, Nov.

Baxter rendered

61,486,332

1 6,338.9 tl

£26,534,110,

than in 1876.

per ceDt interest for the first three
years

thereafter. The railroad
agrees
to pay into a
sinking fund, for the redemption of company
the new bonds,
$10,000 per annum from Oct. 1, 1833, and is to have the
ot
paying off the total issue, at par and interest, at privilege
any time
after giving six months’ notice.
The report of the committee
was
unanimously adopted, and the proposition of the St. Lou’s
Kansas City & Northern Railroad
was accepted.
The
bridge is leased and operated by theCompany
railroad company.
St. Louis .Alton & Terre
Haute—Indianapolis & St. Louis.—
In regard to the
injunction against payment of coupous
by the
I. & St. L. company, Mr. W.
Bayard Cutting, President of the St.
L. A. & T. H.
company, issued a circular addressed to the first
mortgage bondholders of the I. & St. L. Co., that “ the
injunction
referred to in a notice to
you from Mr. II. B. Hurlbut,
President,
does not, as stated, restrain the
payment on coupous of all first
mortgage bonds above named, but only of the
coupons on such of
these bunds as are held
by certain co’porations specially
desig¬
nated in the
injunction, and the order does not affect the rights
of
any bonajide holders.”

Fifth—The surplus, if any, after
making such payments, to be
paid to the St. Louis & Southeastern

REVENUE.

receipts apparently is divided

and 8 per cent interest

138,987
716,453

549.625

proportions between the passenger and good*
receipts from passenger traffic amounted to

559

Stock.
Amount of

Capital.

630,570

3r4 9.23

Loans and
Debenture

Guaranteed. Preferential.

TRAFFIC, WORKING EXPENSES

to

and

£37,833

double the percentage increase

a

majority—in that

the two

companies

Company purchased $2,000,000

year, and since that time the officers
have been in part the same, and their

reports have been published together,
Union had it3 principal office in Racine although the Western
and the management has
been separate. After the failure of
the Glasgow Bank, it trans¬
pired that among its assets were $2,916,000 of 7
per cent bonds
of the Western Union
Company, valued at £436.500, and $1,992,340 of the stock of the same
company, valued at £11,950.. These
two amounts of stock—the
$2,000,100 held by the St. Paul Com¬
pany and that in the Glasgow
Bank—nearly make up the full
amount of $4 000,000 of the
company’s
stock. Growing out of
this fact, it is likely that the St.
Paul Company will become the
owner of all the
Western Union Btock, for it is worth
to
anybody else; and that the auxiliary road will come nothing
under the
same ostens;ble, as it now is
under the same actual,
management;
and that the fiction of two
separate companies will disappear.
Wilmington Columbia & Augusta.—A meeting of bond¬
holders was held in
Baltimore, November 5, and a committee
was appointed and
authorized to proceed with foreclosure at as
early a rlate as practicable. Of the first
mortgage bonds nearly
four fifths are held in Baltimore.

November 9,

THE CHRONICLE.

1878.]

489
OOTTON.

Site CmtxMcmal gimes.

Friday, P. M., November 8, 1878.
Tni£ Crop, as indicated by our telegrams
from the South to-night, is given below. For the week
Friday Night, November 8.
ending
this evening <Nov. 8). the total
receipts
have
reached
182,874
A general election for local officers and members of the lower
bales, against 157,280 bales last week, 162,236 bales the previous
House of Congress took place on Tuesday, in most of the States,
week, and 160,233 bales three weeks since; making the total
and very naturally, from the interest felt in them, was an inter¬
receipts since the 1st of September, 1878, 1,188,229 bales, against
ruption to business to some extent. But in their results they are 931,150 bales for the same period of 1877,
showing an increase since
re-assuring. The enemies of a sound currency and the maintain- September 1,1878, of 257,079 bales. The details
of the receipts for
ance of
the public faith have been generally defeated; the
this week (as per telegraph) and for the
corresponding weeks of
election of a member of Congress here and there, not much
four previous years are as follows:
exceeding half a dozen in all, is the extent of their achievements.
Fears of monetary disturbance and of assault* upon public credit Receipts this w’k at
1878.
1877.
1876.
1875.
1874.
have been allayed, and thus another obstacle to the revival of
New
Orleans.
2
/ *7 oo
53,794
50,448
business is removed.
33,884
The weather, though pretty cold, has not
39,812
Mobile
been unpleasant.
11,069
17,8S8
23,527
12,383
14,268
Charleston
The following is a statement of the stocks of
28,717
30,974
26,244
20,812
20,046
leading articles Port
193
Royal, &c......
129
of domestic and foreign merchandise at dates given:
862
2,296
1,200
~~~

The Movement of

1878.

Nov. 1.
Beef
Pork
Lard

;

Tobacco, foreign
Tobacco, domestic
Coffee, Rio
Coffee, other
Coffee, Java, &e
Sugar

Sugar
Sugar
Melado

Molasses, foreign
Molasses, domestic....
Hides
Cotton
Rosin

601

...bags.

Rice, E. I
Rice, domestic
Saltpetre

Jute'

Jute butts
Manila hemp.

The

23,300

12,663
1,583

17,979

57.278

9,110
75,s00
1,365
3,165
1,000

3,166

152,325
34,1(0
33,126
5,368

6^5

268

3.70J
26,804

4,-50
1,520
31,630

5,900

6,150

7,000
20,300

3,532
23,016

30,400

36,171

2.240

Linseed

2 902

21,016
14,176
25,503
26,130
81,805
35,179
28,8 9
65,471
22,635

44,642
11,094

45,374
35,323

Tar

784

50,225
48.356

141.vOO

1877.
Nov. 1.

63,646
34,>9i

9,660
141,o00
3,816
hhds.
3,148
1,000

Spirits turpentine

1

4f>,068
22,149
23,811

1,203
49,267

No

1878.
Oct. 1.

Savannah

30,225
26,022

Galveston

Indianola, &c
Tennessee, &c

31,727
15,923

725

792

27,502
5,604

27,571
25,436
1,500
11,579
1,170
6,378
33,769
1,892

2,456
23,958
1,185

5,022
21,459

198,776

211,810

149,474

159,245

931,150 1,220,797 1,065,218

960,238

627

272

4,426

Florida

3,186
9,982
19,877
9,762

Norm Carolina
Norfolk

City Point, &c
Total this week

...

199

-

10,338

182,874

208,742
1,169
1,804
2,000
140,600
37,735
43 629

7,496
2,323

5,200
410

Total since

week of last
Week

13,700
4,000
16,600

28,589
16,274

7 675

ft 002

562

2,319

The exports for tlie week ending this
evening reach a total of
78,443 bales, of which 04,145 'were to Great Britain, 5,442 to
France, and 8,856 to rest of the Continent, while the stocks as
made up this evening are now 483,073 bales.
Below are the
stocks and exports for the week, and also for the
corresponding

164,750

3J.956

Sept. 1. 1,188,229

27,406
16,758
1,370

ending
Nov.

8.

season.
EXPORTED TO—

Great
Britain.

!

I Conti-

France, 1

nent.

i

Total
this

j Week.

!

STOCK.

Same
Week
1877.

1878.

1877.

cent improvement in pork and lard has not been sus¬
N. Orl’ns
6,416
461
6,907
30,526 71,826 136,204
tained, and prices have returned to about the lowest figures of Mobile..
3,454
3,454
15,057 34,640
the season, causing at the same time much depression in
6,572
bacon, Charl’t’n
G.572
13,313 101,850 80,133
cut meats, &c. The number of swine slaughtered at the
19,165
principal Savan’ll.
3,200
6,426
23,791
9,481 101,939 78,626
towns of the West, out of the regular season, or between the 1st
Galv’t’n706
3,350
5,883 93,426 64,507
-4,056
of March and the 1st of November, was 3,400,000, an increase of N. York.
9,035
1,536
1,189
11,760
8,113 47,338 45,703
857,000 over the corresponding period last season. To-day, the Norfolk7,205
7,740 21,637 30,375
7,205
market was quite depressed.
Pork offered at $7 GO for old mess, Other*..
8,918
780
9,698
3,055 30,000 49,000
December delivery, and $8 85 for new mess, February delivery.
Lard gold at $6 15 for prime Western, all the year, and Tot. this
week..
61,145
5,442
8,856
$6 20 for January.
78,443
78,411 483,073 519,188
Bacon, long and shor: c!ear together,
has sold at the West at $4 30 per 100 lbs. for November, and
Tot. since
$4 20 for December.
Cut meats are lower, with liberal sales of
Sept. 1. 372,923 35,095 85,869 403,887 341,751
pickled rib bellies at 5£@6&c. for medium and light weights.
The exports tills weefc under the head of •‘other
ports” include, from Balti¬
Beef, new*Western, opened, lor the season, somewhat nominal at more.
3,531 bal?s to Llverpoo1; from Ho ton, 522 bales t» Liverpool; from Phil$10@$tl for plain and extra mess, but there has been a fair busi atelnhU, 251 Ualet to Live pool; Horn Wilm.ngton, 4,032 bales io Liverpool,
and 780 to Coirtlnent.
ness in
Philadelphia India mess at $18@$1S 50 per tierce. Butter
In addition to above exports, our
in large supply and drooping.
telegrams to-niglit also give
Cheese less plenty and firmer at
us the
following amounts of cotton on shipboard, not cleared, at
8i(5)9£c. for prime to choice factories. Tallow more active at
6i@G|c. Stearine active at 6f@7c. for prime Western and city. the ports named. We add also similar figures for New York,
Coffee has been moderately active, and closes steady at 13@ -which are prepared for our special use by Messrs. Carey, Yale &
16J&, gold, for ordinary to prime cargoes of Rio. Rice has Lambert, 60 Beaver street:
remained very quiet.
Molasses also slow of sale, at 31@33c. for
On Shipboard, not cleared—for '
50-test.
Cuba muscovado sugars have been dull and drooping at
Nov. 8, AT—
Leaving
Liver¬
Other
Coast¬
Stock.
France.
Total.
7@7fc. for fair to good refining, and 9fc. for standard crushed,
pool.
Foreign wise.
rt

•

•

•

•

....

....

....

....

....

....

.

....

*

refined.

Kentucky tobacco lias been very dull, the sales of the week
being limited to 250 hlids., of which 150 for export and 100 for
home consumption. Prices, however, remained quite firm ; lugs,
2£@5c., and leaf, G@13c. Seed leaf, on the contrary, has con¬
tinued to meet with a good demand, and sales amount to 2,704
cases, as follows: 395 cases 1877 crop, New England, 10@22£c.;
1,134 do. 1877 crop, Pennsylvania, private terms and 10@16£c.;
28 do. 1874 crop, New England, 15c.; 101 do. 1877 crop, State,
private terms; 858 do. 1877 crop, Wisconsin, 7@9fC.; 155 do.
1876 crop, Ohio, 16c.; 37 do. 1877.crop,.Ohio, 8c. Spanish tobacco

met with about the usual demand, and the sales were 550 bales
Havana at 85c.@$l 10.
Ocean freights have at times been active, but latterly have,
been only moderately so, and rates which early in the week were
_

New Orleans
Mobile

Savannah
Galveston

New York
Total
*

Included

m this

5,750
1,000
16,000
17,812
5,261

9,500
1,000
3,300
9,109
500

9,983
1,050

45,823

23,409

61,033

amount, tnere

are

23,000

100

3,000

1,500
2,500
1,414

24,000

None.

5,514

38,350
6,500

45,800

33,500
8,557
56,139

38,318
*8,311

55,103

137,279

192,331

39,027

1,500 bales at Presses for foreign

ports, the destination of which we cannot learn.
From the
foregoing statement it will be seen that, compared,
with the corresponding week of last season,
there is an increase
in the exports this week of 32

bales, while the stocks to-night
36,115 bales less than they were at this time a year ago. The
following is our usual table showing the movement of cotton at
all tlie ports from Sept. 1 to Nov.
1, the latest mail dates:
are

quite firm have of late shown some weakness, though no marked
RECEIPTS SIn£e
EXPORTED SINCE SEPT. 1 TO—
change has taken piace. Grain to .Liverpool by steam, 7$@3d.;
SEPT. 1.
Stock.
naphtha to Antwerp, at 4s. l^d ; grain to Lisbon, at 15£@lofc.; Ports.
Great
Other
Total.
do. to St. Malo, at 6s. 9d.; and to Bordeaux, at 6s. 34.; refined
1878.
1877.
Britain. France. Foreign
petroleum to Bremen, 3*. 9d.@4s.; to day, grain to Rochefort or
N.Orlns
91,059 153,557
28,713
9,956
7,123
45,792 52,039
Bordeaux, at 5s. 101d.@63.; refined petroleum to the continent, at
37,534
Mobile.
G5,570
6,680 14,177
6,680
3s. 64.; grain to Cette or Marseilles, at 5s. 9d.; grain to London
Char’n* 197,311 119,842
33,450
8,540 23,528
65,518
85,654
by sail, at 8d., and by steam to Havre, at 19c.
2,675 30,696
55,078
88,449 106,266
Naval stores have been quiet all the week at about former Sav’h.. .282.526 149,882
Galv.*.
173,819 106,291
5,706
6,152
25,747
37,605 77,314
prices, spirits turpentine selling to a moderate extent at 28|@29c
18,301
N.
York
2,854
2,299
2,776
80,697
86,327 4$,374
while strained rosin has been quoted at $t o7|@$L 40. Ingot
773
9,204
copper lias been quiet at 15fc.
Sieel rails have been firm and in Florida
41,010
900
30,168
15,404
16,304 13,229
demand, and fully 10,000 tons have been sold, part at $42. At the N. Car.
32,383
92,625
mills pig iron has continued dull for both Scotch and American. Norf’k* 139,114
32,383 18,176
15,477
36.386 12,000
Grass seed firmer at 6f 3l7£c. for clover and $1 15@$1 20 for Other..
6,367
30,626
5,760
timothy. Crude petroleum lias shown some improvement, both This yr. 1005,355
308,77^ 29,653 77,013 415,444424,22»
here and in the cil regions, and closes here at 5£c., in bulk, after
732.374 196.724 27.49 L 39,125 263.340 421,457
touching 5£c.; and refined, after declining to 9|c., returned to Lastyr.
Unaer th.; no m of ^/mrin-iou
ia luauded Pore .4oy.il, <scc.; under the head of
94c., the same as a week ago ; trade has been quiet; to-day, re¬
Galveston, is included Indianola, &c.; under the head of Norfolk Is Included City
filled was quoted at 9&c. again. Whiskey, closed at $1 10.
Point,




-

,

......

*

....

i

490

THE CHRONICLE.

00012.1
2.2
These mail returns do not
correspond precisely with the total
of the telegraphic
figures, because in preparing them it is
always
necessary to incorporate every correction made at the
ports.
The market has been but
moderately active for cotton on the
spot the past week, although something has been done for
export
and in transit, and a fair demand
prevailed from American spin¬
ners.
The advance of 1-16*c., noted
at the close of our
report on

Bales.

Cts.

500
200
100
500

9*65

800

1,600
1,000

9-73
9*74

500

0000616..212521.74'0
Friday last, was lost on Monday, middling uplands
returning to
9|c. Large exports, hence and from Southern
ports, together
with reduced
receipts at the ports, have kept stocks in moderate
limits. To-day, spots were further
reduced 1-1 tic., the quota¬
tion being 9 5-lGc. for
middling uplands, and the market ruling
quiet. For future delivery, the speculation continued active and
exciting during Saturday and Monday, with wide fluctuations in
values, notably so on Saturday, when the
closing bids were for
the early months 20(3)29
points below the highest figures of the
day. Monday opened still lower, but recovered
and
Wednesday opened somewhat depressed, but waspartially,
at the close
slightly dearer than on Monday. Yesterday, there was at the
close some further
improvement for the later months, though the
close was much below the
highest figures of the day. To-day,
there was a weak
opening, and at the close there was a slight
decline below
yesterday’s closing figures. The market has gen¬
erally followed closely the nature of the advices from
Liverpool.
Receipts at the ports continued {small until
Thursday,
when'they
were swollen
by large arrivals at New Orleans. The business has
been interrupted
by a general election on Tuesday, which was a
close holiday.
The total sales for forward
delivery for the week are 400,600
bales, including — free on board. For immediate
delivery the
total sales foot up
this week 4,891 bales, including 1,208 for
export,
2,939 for
consumption, 54 for speculation and 690 in transit. Of
the above, 100 bales were to arrive.
The following tables show
the official quotations and sales for
each dav of the past week:
UPLANDS.

Saturday, Nov. 2,
to

Friday, Nov. 8.

Sat.

Ordinary
$ lb.
Strict Ordinary...

791G

Mon

8h

..

81516

9*8
914

Middling

Sat.

7%

8

Good Ordinary.
Strict Good Ord...
Low Middling
Strict Low Mid....

ALABAMA. N. ORLE’NS

7*16

7^16
87lc

8h

81516

878

9Ji0

918

9 he

914

ULrt

9-316

9716

11

Mon Sat.

7131G

7\

8h
8h

83,c

9316

8h
8%

9%

930
9%
9i he

9®16

9316

83,0
811-16

9

93a
9%

Jig

930
91*18 9%
91^16 978
IO710 1030

9®8
91»16 97s
103j6 10*8

1U16 11

11*16 llh

9%

9*16

Ordinary

$ lb.

O
►-1

.

>>
a

'O
•H

93a

C

9%

K

11

Til.

Ordinary

$ lb.

Strict Ordinary...
Good Ordinary....
Strict Good Ord...
Low Middling
8trict Low Mid....

Middling....

Middling....

Strict Good Mid.
Middling Fair

-.

Fair

7i*

778
830

Frl.

83,6

918

951G

93s

9*16

9%
978

95X0

11

81316

9is

918

9710

^16

9«8

9%

9*16

Ordinary
Middling

Middling...;

91316
lOhe
10»16
11316

7^8

8316
91-16

8%

Holi¬

8*8

day,

9

7Hi6

81*16

R1,16
9h

8%
850

9%

9h6

gji®
9716

9h
93q

9%

970

91316

10h6

10»16
11*16

Th.

750
8*8
85s

Frl.

75s
8*8
850

9

*I.
80e

IK

9

MARKET AND SALES.
SPOT MARKET

CLOSED.

Ex¬

Sat.. Easy

Mon

.

Con-

Spec-

200

Steady, lower...

Tues.
Wed Quiet, steady....
Thurs Steady
Fri.
Quiet, lower
.

.

Total

..

596
375
37

1,208

261
766
*54
Elec tion
760
610
542

2,939

54

For forward

Tran¬
sit.

FUTURES..

900
800
300
800

700.
400

600
800

9 24
...

9-21
922
9-28
9-24
6 *25
9-27
9 28
0*39

00

9-33




i

SCO

Bale?.
200
500
800
100
200
400
400
100
200
500
100
100
100

...

Ct*.
9-34
9-35
9 40
9-41
9 45
9-46
9 48
9-50
9-50
9 57
9 58
9-60
9*60

Bales.

1,000
600

3,200
1,500...
2,800
2,500

2,600
3,200
1,700
4.300

2,000

For December.
700

9*25

2,300

9*52

400
700

tt-f-8
9*54

1,900
4,800

9*55
9*56
9*57
9*58
0*59
9*60
9*61
9*62

800
500
600

500

9*531
9*54

1,700

9*55

2,200

800

I

9*56 1
0*57
9 58

400

700
400
400

9*59
9*60
9*61

600
600

1,300

9*62

..

700
600
200

9*63

9*64

600

9*66
9-67
0*68

800
300
100
800
400
500
100
600

For April.
*500
9-67
1,700
9*68

'200

100
400
400

9*79
9*80

200.

9 82
9 83

500
1 700

7,600

300

9*63
9*64

9*84
9*85
9-86
9-87
9*90
9*91
9*92
9*93

1,100

9*94

1)400

0*65

4,500
4,200

9*66
9*67
9*68
9*69

47,900

6,900

5,900
5,400
4,000
400
600
200

>000

5,400

700

9*70

2.800

9*73
9*74
9*75

800
700

9 80
9-81
9*82

2,200

700
1000

1,*00
600
(300
600
800
800
800
800
100
200
200
200
500

9 58

1,700

9*60

100
900

9*61
9*63
964

1,100

9*76
977
9*78
9-79

1,300.

2;300

9-55
9-56
9*57

300
800

9*71
9-7*

0*83
9*84

.....

1,400

9*65

<300

9-66

2,600
1,900
3,000

9 67
9 68
9*69

8- 0

9-70

1,300

9 71

200

9-72

1,100

9*73

600

184,600

.

300
UiO

300.

....

..

100
200
100
600
800

9*80
9-81
9-82
9-83
9 84
9*85
9-86
9*87
9-88
9*89
9-90
9-93
9-95
9-97
10*00
10*01
10-05
10-06
10-08
1009
10-10
10-12
10*13
10*15

9*90
9 91
9*92
9*93

1,600

1)500
100
100
100
100

For
400
700..

9-96
9-97

9*98
10*00

200
100

10-01

«800„
100..

10-03
io* oa

200

10-07
10-09
.10* 10

1,100.
500

1

500

10*11

100
700
500

10*18
10*14
10-16
10-23
10*24.
1025

800.
200
1,100

19,900
For June.
100
9-91
400
9-93
200
9*94
1,200
9-95
300
9 96
300
9-98
500
9*90
800
10 00
100
10-01
500
10*03
300..
10*04
400
1005
300.
10 00
300
10*07
100
10*08
2,300
10*16
900
10*11

1,100

1012

100
500
300
100

10*18
10*17
10*19

10*23

11,100
For

9-80
9>2
9-83

2,500

May.

9*04
9-95

..

1,000

400
400
400
200
300
100
500
100
100

27,300

9*74 I
975

100

9-77
9*78
9*79

900

For March.
100

1,800

9-69
9*70
9*71
9-72
9*74
9*75
9*76

200

9-77
9*78

900
200
700
900
100
200
800

600
800

1 500.

9*76

1,700

2,400
1,600

38,600

9-69
9*70
9*71
9*75

...

9*84
9*87
9 88
9*89

July.
10*01
1005
10 08
10*09

10*13
1015"
‘0-17
10-25
10*29

The
following will show the closing prices bid and asked for
future delivery and the tone of the
market, at 3 o’clock P. M.,
on each
day in the past week:

Market—

Nov’mb’r.
Decemb’r

January..
February
March.

MIDDLING UPLANDS—AMERICAN
CLASSIFICATION.

Sat’day. Mond’y T’sday.

Wed.

Thurs.

Friday.

Firmer.

Firmer.

Easier.

Lower.

Lower.

Bid. Auk
9*31 @32

Bid. A*k.
9*25 @20

Bid.

9*46®
9*58®
9*68 @69
9*73@80

9'36@37
9*48® —
9*59@60

9*36@37

—
—

April.... 9*88@90
10*00®
May

—

9*71@72
9*82@83

9*28@29
9*48@
9*59@60

—

9*71@72
9*81@82
9*92@93
10*01@02

C*

2

9*92@93

'o

10*08@10 10*00@02

X

July...... 10*14@16 1008@10

A»k.

Tr. orders

9*35

Clbsed—

9*30

Dull.

Steady.

10*09@10
9*30
Firm.

100h

100h
4*79%

lOOh
4*79%

s*

Oftild

JExch’nge

4*80

The Visible Supply

*

op

Cotton,

as

Bid.

A*k.

Bid.

A 8k.

9*27@28 9*26@27
9*36@37 9*34@3b
9*49® — 9*45@46
9*60@61 9*56@57
9*71@72 9*68 @69
9*83@ — 9*79® 80
9*94@95 9*90@91
10*05® — 1000® 01
10*13@15 10*09@10
9*30
9*30
Weak.
Quiet-

lOOh
4*78h

100%
4*78%

made up by cable and
stocks are the figures
Britain and. the afloat

telegraph, is as follows. The Continental
of last Saturday, but the
totals for Great

for the Continent are this
week’s returns, and
consequently
brought down to Thursday evening; hence, to make
the totals
the complete figures for
to-night (Nov. 8), we add the item of

exports from the United States,

Friday only:

including in it the exports of

1878.

1877.

1876.

287.000
33,750

398,000

320.750
115,500
1,750
7,000
3,500

420,500
153,250
7,000
41,000
9,000
42,500
30,750
9,000
5,000.
9,250

455,500
157,250
4,000

22,500

426.000
29,500

1875.
586,000
66,250

6,800

Total continental ports....

200,500

306,750

354,000

Total European stocks..
India cotton afloat for
Europe.
Amer’n cotton afloat for
Eur’pe

521,250
104,000

727,250

327,000

223,000
42,000

809,500 1,023.500
180,000
145*000
392,000
274,000
66,000
42,0i0
719,915
526,447
79,892
76,224
12,060
25,000-

579

Cts.
9-26
9 27
9-28
9 29
9 30
9-31
9 32

9-33
9-34
9-35
9*36
9*37

3,100

9*38
9-39

2.600

9 40

1,000

9*41
9*43
9*44

100..
700

2,600

2,100
6,900

2,800

1,600
3,100
1,600

9*46
9 47
9 48
9*49
9*50
951

1,000

1,600
1,300....,
’1,800
1.200

0*45

7,900

5,000

2,500

Cis.

4,891 400,600

1,606
1,425

1.300
400

11,400

...

400

2,100

Ba’es
500
500

1,300
1,200
1,600

Deliv¬

Sales.

eries.

1,600
1,100

50.600

delivery, the sales have reached during the week
400,600 bales (all middling or on the basis of
middling), and the
following is a statement of the sales and prices:
«
For November.
Bale*.
• tft.
100 a.n.lth. 9*12
100.
913
200. *.
9 14
900
9-15
200
9-18
900
9*19

7.400

10,300
7,800
9,200

1,200
1,400

9*78
9-79
9 80
_.-9*8l
9*82
9*86
9-87
9 88
9*h9
9*90
9*91
9 92
9-97
0*98
10*02
10 03
10-04
10-05
10*06

67,900
44.600

Total.

Holi day....

690

7,500

500
400

Cts.
0*77

800

Total Great Britain stock
Stock at Havre
Stock at Marseilles
Stock at Barcelona
Stock at Hamburg
Stock at Bremen
Stock at Amsterdam
Stock at Rotterdam
Stock at Antwerp
Stock at other eonti’ntal
ports.

461 119,800
820 117,300

250
440

8,000
6 900...
10,500

Bales.
200

Cta.
9*46
9*47
9 48
9*49
9*50
; 9*51
9*52

Stock at Liverpool
Stock at London

SALES OF 8POT AND TRANSIT.

port. sump. urt’n

9*39
9 40
9*41
9 42
9*43
0 44

9*16

1010
105s
1114

Mon Tues Wed

$ lb. 71!l6

Strict Good

Frl.

8316

850

105i6 1050
101&16 llh

Sat.

Good Ordinary

8*8

9916 97q
91316 10%

103a

5.900

June

Si*16

838

9*16

STAINED.

7\

778

9«s

10ui6
101516

7”ie

Zi6*6

9

105«
1114

•rh.

7\

§I16

95g
978
10%

w

Frl.

7h6

878

95a
970
1030

95r
970

Th.

7*2

9116
93i6

9

9*16
9‘16

1018
1050
llh

81316

9*16

11

Low

0

11

Til.

9%

9*16
97ie

►H

9*37
9*38

83] 6

9%

1038

•

Fit.

gho
87S

8310

a

1,20#

734

81*16

978

1030

Fair

7%

1

930
9%

978

Middling Fair

Good

71«16
8‘16
870
9110
931Q

Ohs
9316

'd

Good Middling..
Strict Good Mid...

7%

g'm
878

C3

Middling

7%

7i»io

9 35
9*36

600

Toes Wed Tues Wed Toes
Wed Tues Wed

Strict Ordinary..
Good Ordinary....
Strict Good Ord...
Low Middling
Strict Low Mid....

January.

2,900

g^e
950

91110
91516 978
10316 1010
IOH16 105s
11*16 llh

lOihe 1058

For
400

For February.

#,(*K).....
2,900
2,200
1,100

57,300

Mon.

7\

8itlc

1,100

2,900

7131C

7i5io

878

938
Good Middling....
91-16 9%
Strict Good Mid... 9*B16
970
Middling Fair
lOJlQ 103a
Fair

7%

8

9:ho

97}6

in on Sat.

TEXAS.

300

•

Bales.
100.

9*66

9*67
9*68
9*69
9-70
9*71
9 72

[Yol XXVII.
*

Bales.

Ct«.

2,100.
1,700
1.300.
200
600

9*45
9*46
..

Q‘4,'7

.

9*48
(J-4U

200

700
300

Q-M
Q'K9
Q'FL3

100.

500

.

.

,

Q-RR

1,700

9-5«

400

9*57
9*58
9*59

1,100..
1,600
200

9-HO

1,700
200..

600

9*61
.

9-MS!

9*64

.

..

EgypLBrazil,&c.,afltforE’r’pe

Stock in United States
ports
Stock in U. 8. interior
ports..
United States exports
to-day..

..

.

23,000
32,500
6,750
2.750

7,750

27,000

483,073
81,059
14,000

35,000

519,188
73,017
6,000

50.000
8,000
44.750
50,500
12.500

13,000
14,000

652,250
188,500
2,750
55,000
13,500
32,750
53,250

10,500
6,000
8,000

370,250

Total visible
supply.bales.1.557,382 1,625,455 2,259,307 2,112.171
Of the above, the totals of
American and other descriptions are as

follows:
Amci'ican—
Liverpool stock
Continental stocks
American afloat to Europe....
United States stock
United States interior stocks..
United States exports to-day..
Total American

144,000
152,000
327,000
483,073
81,059

14,000

374,000
214,000
223,000
519,188
73,017

6,000

146,000
235,000
392,000
719,915
79,892
12,000

195,000
155,000
274,000
526,447
76,224
25,000

.bales. 1,201,132 1,209,205
1,584,807 1,251,671

November 9,

THE CHRONICLE.

1878.]

East Indian, Brasil, dc.~

1878.
143,000
33,750

Liverpool stock;

London stock
•Continental stocks
India afloat for Europe

Egypt, Brazil, <fcc., afloat......
Total East India, &o
Total American

48,500
104,000
27,000

1877.
224,000
22,500
92,750
35,000

280,000
29,500
180,000

42,000

215,250
145,000

66,000

42,000

1870.

-

119,000

1875.
391,000
66,250

356,250

410,250
674,500
860,500
1,201,132 1,209,205 1,584,807 1,251,671

Total visible supply.... ...1,557,382
1,625,455 2,259,307 2,112,171
Price Mid. Upl., Liverpool—
SH^d.

0516d.
0U16d.
67ad.
These figures indicate a decrease, in the cotton in
sight
to-night
of 68,073 bales as compared with the same date of
1877, a
decrease of 701,925 bales as compared
with the

of

1876, and

a

decrease of 554,789 bales

as

corresponding date
compared with 1875.

491

been interfered with by the election excitement.
The tide of im¬
migration is setting in strong, with a prospect of
nearly half a
million accession in the next twelve months.
Average ther¬
mometer during the week
64, highest 81, and lowest 41.
Brenham, Texas.— The weather has been warm and dry all the
week. No rain yet, and it is
terribly dry; so much so that a great
deal of cotton has been wasted from
inability to pick as fast as it

opened. The election excitement has interfered with
picking.
The thermometer has
averaged 68, the extreme range having

been 54 and 78.

New Orleans, Louisiana.—There has been no
rainfall during
the week just closed.
The thermometer has averaged 67. We
had a rainfall during the month of October of
five inches and

twenty-three hundredths.
tiie Interior Ports the
movement—that is the receipts
Shreveport, Louisiana.—The ^weather continues favorable, and
shipments for the week, and stocks to-night, and for the cotton
picking will close unusually early. Roads are in good
corresponding weeh of 1877—is set out in detail in the following condition.
Average thermometer 60, highest 81 and lowest 40.
statement:
There has been no rainfall
during the wreek.
At

and

Week

ending No\

.

Receipts Shipm’ts

Augusta, Ga
Columbus, Ga—
Macon, Ga
Montgomery, Ala
Selma, Ala
Memphis, Temi..
N aaliville, Temi..

11,315
4,255
2,710
5,651
4,252
19,257
2,098

7,734
3,009
3,345
5,830
3,233

Total, old ports.

49,538

Dallas, Texas....
Jefferson, T.ex.
Hlireveport, La
Vicksburg, Miss *
Columbus, Miss. I
Eufaula, Ala

6,922 I

6,824
9,891
7,580
31,508

14,727
4,797

S

1,465

57,981

45,137

73,017

901
650
3.483

644
610

1,444

5,837

1,860

4,360

6,539

990

1,025
2,400
1,168
4,355
2,423

3,163
2,069

2,315

1,550

Sll

325

1,942

1,562

1,935
1,476
5,350
3,033
3,172
1,949
1,782
6,105
3,298

2,380
6,760
3,700

2,769

2,843
14,549

10,226
7,972
8,322
5,930
27,360
2,046

81,059

1,980
6,402
3,500

11,161

1,965
3,981
7.654

4.763

24,595

1,534

13,823

5,116
8,177

;

4,601

261

4,094
12,155

2,700
665

940

3,100
1,245

420

7,035
2,603
2,194

4,298

37,708
2,205

10,004
4,667

6,396

4,232

2,690
1,929
17,031
3,140

53,603

12,492

1.615

Total, new p’rts

46,913

39,774

C8.439

41,729

33,767

Total, all

96,451

64.369 149,498

99,710

78.904 126,620

1

Estimated.

The above totals show that
the, old interior stocks have
increased during the week 27,325
bales, and are to-night 8,042
bales more than at the same period last
yeai.
The receipts at the
same towns have been
8,443 bales less than the same week last
year.

Receipts

from the

Plantations.—Referring to our remarks
in a previous issue for an
explanation.of this table, we now bring
the figures down one week
later, closing to-night:

RECEIPTS

Week

Receipts at the Forts.

end’g-

1876.

Sept 6.
“

“

Vicksburg, Mississippi.—Telegram

ending Nov. 9, ’77.

Receipts Shipm’ts Stock.

13,733

1,313

16,815
4,399

Cincinnati, O

Stock.

131

3,000
1,010
1,967

Griffin, Ga
Atlanta, Ga
Rome, Ga*
Charlotte, N. C...
St. Louis, Mo

Week

18,012
2,389

..

..

8, ’78.

13.

20.
27.

>Oct. 4.

.

1677.

Inter’r Ports

1876.

1877.

1878.

1876.

9,979
18,971

41.457

20,760

16,449

41,457

12.109

47,431

23,431

62,098
95,84 i
122,190
136,074

22,345

74,355

23,901

16,272
15,104 26,377

43,lv8
70,040
109,264
152,820 '35,054

98,863
130,900
148,153

11.

“

25.

174,617 157,609

Nov.l.

201,901 177,336
211,81( 198,776

Total. 1,-21>.4.V

01,546

38,837 20,510 37,872
57,048 29,723 47,208
72,277 41,891 59,823
160,233 84,871 58,743 79,597
162,236 103,774 80,374 97,>87
157,280! j 123,652 105,814 115,034
182,874! 118,111 126,620 149,498
:

Rec’pts from Plant’ne.

1878.
26.750

1

8.

at

5.885

“

“

iStock

PLANTATIONS.

19,733

“

.

PROM

.189, ’70:

1877.

1878.

18,866

5,885 26,750
47,431
62,998 21,171 74.355
11.932

95,845 43,128 98,863

122,199 70,040 130,990
136,074 109,264 148,158
152,823 [135,054 160,233
174,617 157,609 162.236
201,904 177,336 157,280
211,810 198,776 182,874
1,218,590 930.2*1 1189170

This statement shows us,that the
receipts at the ports the past
week were iS2.874
bales, received entirely from plantations.
Last year the receipts from the
plantations for the same week
were 198,776 bales, and for
1876 they were 211,810 bales.
Weather Reports by Telegraph.—The
weather has

in

general continued favorable for picking purposes the
past week,
and excellent
progress has been made. Thus far the weather has
been unusually
satisfactory for gathering in the crop, and the
work is likely to be
completed at some points earlier than last
year. Immigration into Texas appears to have
begun more freely
than ever, our Dallas
telegram estimating the movement at
half

a

million for the

coming

nearly

year.

not received.

Columbus, Mississippi.—The weather has been clear all the
week.
Picking is about completed.
Little Bock, Arkansas.—The weather
during the past week
was clear, until dark last
(Thursday) night, when we had a light
shower, and it is now growing cooler.
The thermometer has
averaged 57, the highest being 78 and the lowest 42.
The rain¬
fall for the week is

twenty-nine hundredths of

an

inch.

Nashville, Tennessee.—It has rained slightly on one
day, the
rainfall reaching five hundredths of an
inch, but the balance of

tlie week has been
pleasant.
The thermometer lias ranged from
40 to 64,
averaging 52. Planters are holding on to their crop.

'Memphis, Tennessee.—Telegram not received.
Mobile, Alabama.—It has rained on one day this week, but the
rainfall was too small
to

measure.

been

The rest of the week has

pleasant. We had a frost, but not a killing frost, on Satur¬
day and Sunday morning. Picking is going on finely.
Average
thermometer 57, highest 77, and lowest 38.
Montgomery, Alabama.—Wo have had no rainfall during the
week, but it is now warm and cloudy. There have been
killing
frosts on two nights.
Picking is making rapid progress. The
thermometer has averaged 55, the extreme
range having been 33
to 74.
Selma, Alabama.—There lias been no rainfall
during the week,
the weather
having been clear and pleasant.
Madison, Florida.—We have had no rainfall this week. The
thermometer has averaged 08, the
highest point reached having
been 75, and the lowest 51.
Macon, Georgia.—Telegram not received.
Columbus, Georgia.—It has rained on one day this week, slightly.
The thermometer has
averaged 69. Picking is
finely.
Savannah, Georgia.—There has been no rainprogressing
here, the weather
having been pleasant all the week. We had light frosts on the
first and second of the month.
The thermometer lias
averaged
59, the highest being 77 and the lowest 36.
Augusta, Georgia.—The weather during the week has been,
clear and pleasant, no rain
having fallen. About one-half of the
crop has now been picked and about one-third marketed.
Pick¬
ing is making rapid progress, and planters are sending tlieir cotton
to market
freely. The thermometer has ranged from 33 to 77,
averaging 54.
Charleston, South Carolina.—Tlieie lias been no rainfall
during
the past week. The
days have been warm, but the nights have
been cold.
We have had a frost, but not a
killing frost. Aver¬
age thermometer 58, highest 75, and lowest 38.
Comparative Port Receipts and Daily Crop
Movement.—
A comparison of the
port movement by weeks is not accurate,
as the weeks in different
years do not end on the same
month.
We have consequently added to our other day of the
standing
tables a daily and monthly
statement, that the reader may cou*
stantly have before him the data f«r seeing the exact relative
for the years named.

movement

each port each

day of the

PORT RECEIPTS FROM

D’ys

Now
of
Or¬
we’k leans.

Mobile.

First we give
week ending to-night.

SATURDAY, NOV. 2, ’78, TO FRIDAY.

1 Char- Savan¬ Gal|
leston. nah.
vest’n.!
l>-

•

i

Sat..

1,460

798, 4,724

4,514

Mon

1,653

Tues

7,OS I

Wed

3,081

2,270| 4,773
3,033j 4,010

5,320
5,517
4,597
4,820
5,457

Thur 11,777
Fri.. 2,703

the receipts at

196j 4,329
1,897! 5,174

Nor¬
folk.

Wil¬

ming¬
ton.

NOV.

All
others.

3,232; 3,127 1,788 2,205
3,120 11,529 2,162
1,019| 3,713 1,361 2,162
5.005, 3,170 1,360 1,642
3,070; 3,595 2,347 2 123
3,559 3,152
982 19.543

10,137!

8, *78.

Total.

21,848

30,964,
27,896
23,380
34,808
43,973

2,875j 5,707
Galveston, Texas.—The weather has been warm and
dry through¬ Tot.. 27,755 11,069 28,717 30,225 26,022 19,877
out the week, but with
9,367 29,842 182.874
very heavy dews.
Picking has been
The
interfered with by the election excitement.
movement each month since
Sept. 1 has been as follows:
Average thermometer
66, highest 75, and lowest 54.
Year Beginnin g September 1.
Monthly
Indianola, Texas.—It has not rained here during
1878.
1877.
1876.
1875.
the week, and Receipts.
1874.
1873.
rain is needed very much. The election
has interfered with
pick¬ Sept’mb’r 288,848
95,272
236,868
169,077
134,370
115,2^5
ing. The thermometer has averaged 66, the highest
October..
639,264
583,637
675,260 610,316 536,968 355,323
being
76
twud
the
lowest 55.

Tot. year.

978,112

678,959 912,128 779,393 671,344 470,578
Corsicana, Texas.—We have had no rainfall
Perc’tage of tot. port
during
the
past
week.
The days have been
15-62
receipts Oct. 31...
warm, with cold
22-59
18-59
19-20
12-37
frost, though not a killing frost. The election nights and one
excitement has
This
statement
shows
that
interfered with picking.
up to Nov. 1 the receipts at the
The thermometer has ranged from 41
ports this year were 299,153 bales more than in 1877 and 65,984
to 81,
averaging 64.
bales more than at the same time in 1876.
Dallas, Texas.—There has been no rainfall
By adding to the
above
during
this
totals to Nov. 1 the
week,
and we are
needing it badly, as very little wheat has been planted be able to reach an exactdaily receipts since that time, we shall
yet
We have had a frost, but not a
comparison of the movement for the
killing frost. Picking has different years.




.

492

THE CHRONICLE
1878.

1877.

1876.

1875.

1874.

1873.

I VoL. XXVII.

scourge and permit a full movement.
It will also be noticed
that the large increase in receipts the last three weeks of
,

T’\Oct.31
Nov. 1—

978,112
27,243
21,848

078,959
31,773
29,165
33,775

912,128
28,119
35,041

779,393

“

2....

“

3....

8.

4....

30.9G4
27,890

8.

26,392

44,314

8.

23,380
34,808
43,978

31,771
35,213
22,037

44,599

18,611
30,115
33,481
22,674
29,528
18,624

37,082

S.

35,431

38,913

907,007 1,151,379

971,339

“
“

5....

“

r»....

“

7....

“

8....

Total

1,188,229

32,587

671,344

470,578
25,261

8.

'

26,023
28,995
22,715
26,478
20,894
28,531

8.

34,852
17,474
25,216
17,921
16,212
19,8,42

S.

824,980

627,356

Percentage of total
port receipts

20-87

28-51

23-18

23-59

16-49

This statement shows that the
receipts since Sept. 1 up to
to-night are now 281,222 bales more than they were to the same

day of the month in 1877, and 33,81') bales more than they
the same day of the month in 1870.
We add to the last
table the percentages of total
port receipts which had been
were to

received Nov S. in each of the
years

Receipts

for

November

and

For the purpose

of keep¬
have, as

be added.
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12,376 578,53 5 ,960 198,76 194,571 20,980 82,493 174,365 20,85

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keep all these facts in mind, for

now there is the usual disposition in popular opinion
to
fluctuate in regard to the extent of the
crop, with the fluctuating

daily receipts.

Bombay
Shipments.—According to our cable despatch received
to-day, there have been 2.000 bales shipped from Bombay to
Great Britain the past week and 1,003 bales to the
Continent ;
while the receip s at Bombay
during this week have been 4,000
b lies.
Tile movement since the 1st of
January is as follows.
These figures are brought down to
Thursday, Nov. 7.

Great
Bi-it’n.

Conti¬

2,000

1,000

1878
1877
1876

nent.

5,666

Conti¬

Receipts.

Total.

nent.

3,000 319,000 394,000
......

From the

Shipments since .Tan. 1.

Great
Total. Britain.

This

Since

Week.

Jan. 1.

713,000
795,000

379,000 416,000

5,000 561,000 388,000

949,000

4,000

878,000
5,000 1,041,000
6,000 1,042,000

foregoing it would

appear that, compared with last
increase of 3,000 bales in the week’s ship¬
ments from Bombay to
Europe, and that the total movement
since January 1 shows a decrease in
shipments of 82,000 bales,

there has been

year,

an

compared with the corresponding period of 1877.

Gunny Bags, Bagging. &c.
—Bagging has not changed since
last. The demand still continues quiet, and
only small par¬
cels are being taken for present wants,
buyers not caring to lay
in a stock.
Prices are about steady and holders are still
our

quoting
10|@l0|c. for light weights and 11c. for standard quality. Butts
are
moving in a jobbing way, and we hear of 150 bales at 2fc. time.
Holders are not disposed to accept less than
quoted figures, and
are now
asking 2 ll-16@2Jc., cash and time, with only small
inquiries. The late advance in Calcutta has not had any influ¬
ence on our

market

yet.

as

The Exports of Cotton from

New York this week show

for the

neriod of the previous year:

same

Croat New IforR «iuce

i, 1878

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Oct.

Oct.

Oct.

Nov.

16.

23.

3).

6.

15,927

17,507

11,139
1,600

9,035

12,739

2,044

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Same
Total
to
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BXrOBTKD TO

l-

P
o

a

decrease, as compared with last week, the total reaching 11,760'
bales, against 14,783 bales last week. Below we give our usmd
table showing the exports of cotton from New
York, and their
direction, for each of the last four weeks; also the total exports
and direction since Sept. 1, 1378, and in the last column
the total
Exports of Cotton!bales)

•

except Mobile and Norfolk

just

>

-

of the other ports

reached their November totals.
It is well for our readers to

continue

ing the monthly totals separate, it will be seen that Ave
heretofore, divided the week where part of it is in one month
and partin the following month.
As for instance, the first week
of November ended with Nov 2; hence, under November
we
give those two days and the other five days of the week are
under October, and to obtain the total for that week the two
must

■i

December

Shipments this week 1

December.—We

follows.

as

was at

named.

to-day, one month further (so as to include December), our table
of weekly receipts at each port in 1877.
The full statement for
November and December is

Decem¬
New Orleans, when the total arrivals for the
week ending December 28 ran up to 84,070 bales,
and that during

ber, 1877,

Liverpool
Other British Ports

....

....

*

©

Total to Gt, Britain

15.927,

ir, tor

year.

87.632

2,100

55,526
1,585

9 035

89,732.

57,111

1,536

4,312

1,130

....

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Total to N.

Europe.

1,536

4,312

1,254

1,189

3,620

1,226

*423

5,302

4, C43

7,052

624

....

1,176

1,373

.

1,189

..

Spain, Oporto&Gibral tar&c

'

Total

Spain, &c

....

....

Grand Total

A.
df

....

....

17.103

13,S80

....

....

.

....

..

-14,783

....

11,760

■

98,0-7

»

m

m

65,417

The following are the
receipts of cotton at New York, BostoD,
Philadelphia and Baltimore for the oast week, and since
Sept. 1, ,*I8*
NSV? YORK.

rece’ts

'r

H

jpHILADEIiP’lA

BOSTON.

prom

Tbie
week.
New OrieanB..
Texas
Savannah
Mobile
Florida
S’th Carolina
N’th Carolina.

Since 1 This
Sept. 1. t1 week.

909

11,350

7,254
4,019

62 2 6

335

for

1,056

2,3-26
37,145
10,451

686

5,93'i

Since

This

Since

Sept.l.

v/eek.

Sept.l.

.

•

11,229

Tiiie |Since
week. Sept.1

545

9,2v

o'

•.

3,579
63*.

7.950

427

2,220

2,795

13,725

......
'

4^.765
1.326

2 956
3.48'

5,006

2%3 .7

•21,551,

5,74:

11,613

|

11,328

m

2,19S

7

....

7,057

rn

....

255,399 ! 13,269

55,724

3,013

16,266

H

.

m

m • •

....

I

1

27,999

19,713

.

257

648

-BALTIMORE.

...-.

....

57,825

3,571

Virginia
changing the opinion expressed in our North’rn
Porte
report of the 28th of November, (when we gave this table for the Tennessee, &c
previous month', that each succeeding month during 1878 was Foreign
likely to show a “fair increase this year over the movement for Total this year
see no

950

....

Cl

o

2,044

115

....

....

co-

,

*

4-*

1

We

Cl

C
rf

T"H

I

;

;

o

....

...

Ci

X

.

....

Other ports

©

*

C3

....

1.176

All others

l>

...

Cl

©

rH

flQ
Lh

Total French

Hamburg

%
£

H

Ocher French ports

Cl

rH

•

►H

•

Cl
CO

43.608

co
:

the

same

we are

month last year.”

A glance at this table indicates that
comparing with very free receipts in 1877, while
the yellow fever is still acting as a decided check; but

just

now

this year
the last week of November and the first week of

Dec., 1877, there
drop of over 23,003 bales for each week, due to the exces¬
sive rains of that period; this year, by that time, the season
nght to be cold enough to entirely relieve the South of this fearful
was a




T'V«i1 'set.

31.779

vear.

Shipping

94,031 bales.
the

1

9.V6I

^0.161

News.—The exports of

States the past
are

165,795

same

week,
So far

exports

The Chronicle, last
include the manifests

night of this week.

-2,056

8,541

cotton from

5,716

the

24,871

United

latest mail returns, have reached
as the Southern ports are concerned, these
reported by telegraph, and published in
Friday.? With regard to New York, ne
of all vessels cleared up to Wednesday
as per

November 9,

1S78.]

THE

CHRONICLE.

Total ba.es

493

Futures.

York—To Liverpoo’, per s-earners Germanic, 1,991.. Bothnia,
892... Baltic, 812... Erin, 1,76S
Halley, 1,580....per ship Hamiiron Fii*h, 2,907
9,035
To Havre, per steamers Amerique,
1,084....J. C. Stephenson,
25)
Mercator, 203
3,536
To Bremen, per steamer Neckar, 1,169
1.189
New Orleans—To Liverpool, per steamer Andean, 3,200
3,200
To Havre, per bark Albert, 3,248
per brig John Wesley, 1,601....
4,849
To Keval, per steamer Liddesdale, 5,214
5,214
Charleston—To Liverpool, per steamers Triton, 3,593
Upland....Amy
Dora
New

Tuesday.

Delivery.

Nov

Nov.-Dee
Dec.-Jan
Jan.-Feb
Feb.-Mar

.

Delivery.

51332

Mar.-Apr

5»i6
bo16
b^m

April-May

Nov
Nov.-Dee
Jan.-Feb

5H32

—

Delivery.
b!532 ^16'® *^32

Nov

8,269

Nov.-Dee.

t,6B

1,600

Dec.-Jan
Jan.-Feb

4,050
Savannah—To Liverpool, per steamer Colombo, 4,516 Upland....Der
ship* Arcturus, 3,143 Upland ...Senator, 4,627 Upland and 46 Sea
Island —per bark Caspian, 3,224
Upland
15,561
To Havre, per bark M. Smith P tersen, 1,425 Upland
1,425
To Antwerp, per bark Tuisko,
2,025 Upland
2,025
To Reval, per steamer Nellie
Martin, 4.342 Up'and
4.342
To Barcelona, per bark Catalina, 550
Upland
f 5)
To Malaga, per bark Catalina, 700
Upland
700
To Oporto, per brig Boa s'c, 156
Upland
156
Texas—To Liverpool, per steamer Acton, 4,101
per bark Herbert C.

Feb.-Mar

E.^pana,

1,700 Upland

Hall, 2, 33

b»jG

b716
b»16
b»iG

Mar.-Apr

5^8

Nov
Nov.-Dee

5D32
5H32

Mar.-Apr
Apr.-May

bii32

Nov
Jan.-Feb
Feb.-Mar

5H32

Dec.-Jan....

5^8

Apr.-May

Jan.-Feb

5i332
oio32

Nov

53s

Shipment.
Jan.-Feb., n. crop,
sail
571g

51332
571G

Nov

shipments, arranged in

Liver-

Bre-

....

Savannah
Ttxas

....

....

Wilmington

Norfolk
Baltimore
Boston

our usual

AntGotten- Barcewerp. Reval. burg. Iona.

pool. Havre, men.
9,035 1,536 1,189
3,200 4,819
5,214
8,269 1,6.8
15,561 1,425
2,025 4,312
6,139 2,619
4,530
4,117
900

New York
New Orleans
Charleston

Delivery.
5ii32'©516
5516

vIarkbsts.—in

reference to these
markets,
correspondent in London, writing under the date of Oci.
26, 1878, states:
Liverpool, Oct. 24.—The following are the current
prices of
American cotton
our

1,643
1,875
5)0

1,600

&c.

4,050
550

....

853

....

a

....

Upland
Mobile
Texas

...

....

....

....

500

L.M.

5%
5*

5%

r-Taken
1878.
bales.

500

on

55,630 12,017

Below

2,837

2,925 14,136

1,609

4,G0J

856

give all nows received to date of disasters
carrying cotton from United States port?, etc.:
we

to

126,850
Brazilian..... 14,310
Egyptian, &c. 25,060
W. India, &c. 2,670
%. India, &c.'29,030

94,631
vessels

Savannah, steimer, from Savannah, grounded A. M. Nov.
on
Jeisey Plats, New York, and remained until high water, when5, she

18

Uyt

M.F.

6 1-16

6 3-16

W

6H
6#

6%
6^
6>i

Mid.
G.M. M.F.
6 9-16 6 11-16
6%
6^
6*
7
6 11-16
7
6%
7
7*

6 5-16
6 7-16

6

il-lS 7

the

year the

spec, to this date-*
1877.
1876.

bales.

baleB.

145,289

159,010

1878.
bales.

floated.
Marie Fredecicke (Nor.)

The cargo of cotton of the ship Marie
Fredericke,
Liverpool, wbi h put into Key West June 17 iu
distress, is being shipped from the latter port by Mallory’s steamer to
New York, to be there transfer;ed
by the Guion steamships to Liverpool.
from New Orleans for

Cotton

freights the past week have
Liverpool.

.

Steam.
d.

been

as

d.

c.

c.

c.

—11-16 cp.

Wed’day..5-16^11-31

—U-18 cp. —@3$
comp.
—11-16 cp. —@14
% comp.
—11-16 cp. —5£ comp.

—11-16 cp. —QK
i
Election

Friday....5-162)11-32

/-HamburgSteam, sail,

%

Holiday .....*

Thursday.5-16^11-32

Liverpool,

% comp.
*£ comp.

—

%
y9

%

c.

c.

% comp.
% como.

—
—

7,974

93,532

year:

Sales this week.—
Total
Ex- Speculathis
Trade. port
tion. Total.
year.
American..bales 28.0:0
340 29,770 1,762.440
1,40)
Brazilian
1,770
50
1,82)
123,250

bales.

40,000
2,000
36,000
3,000

Sales American
Of which exporters took
Of which speculators took..
Total stock
....

1,000

301,000
141,000
18,000
14,000
0,000
170,000

Of which American
Total import of the week
Of which American..

Actual export
Amount alloat/

'

ya comp.
% comp.
% comp.

Of which American

111,000

Tlie following table will show tlie
week:

Spot.
Mid. Upl’ds
Mid. OiTus.

Nov. 1.

41,000

44,000

1,000

2,000

29,000
0,000
1,000
306,000
148,000
47,000
37,000

30,000

—

Total

35,9)0

214,000
147,000

;

302,000
151,000
40,000
34,000
7,000
247,000
181,000

144,000
44,000
35,000

•

5,000

280,000
218,000

daily closing prices of cotton for

the

Saturd’y, Monday. Tuesday. Wedn’sdy Thursd’y Friday.
...'2>

b34

...®

5%

..

.©b 11 jG

..

.'2>61s

...T/LoHic

...'S>5HiG
..

3,98)

650

5,529

1,040

This
week.

bales

37,225

Brazilian

733

.'©Bis

(Vest Indian
East Indian

1,746

*

Total....

,

..

....

.

.

..

•

•

•

•

1

7,370

Same

‘ 1877. 1878.
1,5*4,490 41,000
323.310

226,300

450

44,140
2';3,5S0

To this
date
1878.

1,8)1,188
113,294

5.392

118,771
1,273
30,24 i
30 >,414

46,909

2.371,185

1,763

Average

period weekly salei*.

333,693

1877.

38,160

2.65)
4,190

6,930

4,490

690

700

8,430

5,670

42,550 2,308,480 2,533,720 51,960 56,450
r ■ ■ ■
-Stocks.To same
Same
date
This
date Dec. 31.
1877.
1877.
day.
1877.
!, 641539
118,409
175,820 213,500
304,311
SD.HsO
71,270
31.360
181,78)
20,780
57,051)
94,750
130
1,455
510 |

Imports

/

American....

204,620
i

370

—

03,000
3,000
42,000
8,000
5,000
287,000

500

:

2,730

5)

West, Indian
j
East Indian..2,740

—

Nov. 8.

8,000

0,000

"<D

Egyptian
2,64)
Smyrna <& Greek (

Egyptian

Forwarded

121,280

Thursday evening last, compared with the corresponding period
of last

Smyrna and Greek
Oct. 25.

12,230

22,410
13,370
272,960

following

....

8—5:00 P. M.— By Cable from Liver¬
pool.—Estimated sales of the day were
7,000 bales, of which
1,000 bales were for export and speculation.
Of to-day’s sales
5,200 bales were American. The
weekly
movement is given as
follows:
Oct. 18.

116,450

8,121
18,0 7
6,452

227,56)
222,65)
238,079
437,420
statement shows the sales and imports of
cotton for the week and
year, and also the stocks on hand on

The

Nov.

Sales of the week

84,201

BALES, ETC.. OP ALL DESCRIPTIONS.

c.

Saturday.5 -167&11-32
Monday..5-162)1 1-3i
Tuesday

1877.

bales.

259.339

follows:

,—Havre.—, ,—Bremen.—>
Steam. Sail. Steam.
Sail.

,

Sail.

U.K.in

1877.
bales.

102,732
4,032
14,349

19,240
1,08)
50,600

51,680

on

Actual

outports to date—,

6.630

6^0

18tf

transactions

♦—Actual exi (.from
;other

.31,4*4)
30,2 0

197,94)

16tf

:

op

Total.

Fair. Good.
19
22

G.M.

speculation and for export have been

American

Total

■G.&Fine—» Mid.
24
17 J*

Mid.

6

5 11-15

.

1,3<5

....

G.O.

fi^a
Orleans..., o)$
5%
6 3-16
Since the commencement ol
...

1,643

....

21
17

Y%

Ord.

11,760
13,263
15,537
24,759
13,338
5,017
6,934

1,618

1 875

fora*,
To‘al.

....

/-Same date 1877.—

/—Ord.& Mid- <-Fr.&G.Fr.83a Island..15,)$
13
19
16^
Florida do.. 14
15
15
16

Malaga.

'6,934

Philadelphia

—

43,209

9,o;o

383,949

101,0)0

2,557.247-

3C6.060

2 \ 820 ) lo,UlU
99,810
31,930

425,230

337.550

BREADSTUFFS.
Friday. F. M., Nov. 8, 1878.

The demand for
been

flour, without showing much activity, has
uniform, and prices have slowly but
steadily
•

brisk

and

1

improved, until we have a considerable advance to note,
espec¬
ially in common shipping extras for the British markets.
The
production has continued to be much stnal er than last year, and
there is no urgency to sell.
To-day, the market was quieter, but
steady.
The wheat market

considerably improved, No. 3 spring selling
88@90c., No. 2 do. at 95@96c., No. 2 amber winter at $1
05@
$1 05£, No. 2 red winter $1 06Q$1 061, No. 1 do. and
ambtr
Michigan $10Gf@$l 07, and No. 1 to extra white at $llG8£@$l 10£,
on the spot, and for
November, with about lc. advance on these
prices for December delivery.
There is no fullness of receipts
anywhere, and stocks have ceased to accumulate. To-day, under
lees lavorable foreign advices, the market was
quiet, but prices
pretty well supported • the sales included important lines at
$1 0G4 for No. 2 red winter in store, and 95c. for No. 2
spring to
at

Futures.
These sales

are

on

otherwise stated.

the basis of Uplands, Low

Middling clause,

unless

SATURDAY.

Delivery.

d.

Delivery.
d.
Delivery.
d.
Feb.-Mar
558®'“l;52®
Dec.-Jan
b9iG
51h«)15;j2
Nov.-Dee..
?o»1G
Mar.-Apr
b5s
Jan.-Feb
b^j
l>ec.-.Tan
.b)732 Jmie-July
.f> -h 11 iG Feb.-Mar
51732‘® ^
♦fan.-Feb.......... 5i7.,o NOV
51*,32®91G
..

Monday.

Delivery.

Nov........

o,jiq,2>1'%j2
f>i3n23>38

Dec.-Jon
Jan.-Feb. 57iG'2>i332'2>3)j
Feb.-Mar
51^39®^

Mar.-April
April-May

57le

51I32

Nov.-Dee
Jan.-Feb

51332'S>71(j

538@u32

5%
5%

Dec.-Jan

Delivery.
Mar.-Apr
51332 7i> 3q

57,6
5R32

tflcfROPEAN Oorro j

94,631

The particulars of these
Are as folio wg:

Nov.-Dee

Delivery.

Jan.-Feb
Feb.-Mar

compared with those of last year:

Total

Nov

5710
b1^

Friday.

Delivery.

6,934

.

5H32
Shipments.
Oet.-Nov., n.c.,sl.5»1G Nov.-Dee., n. crop,
sail....... 5D32'@5i(s

Delivery.

Nov
Dec.-Jan
Jan.-Feb
Feb.-Mar

6.139

....

May-June

..5H322a>i6 June-July

.

Feb.-Mar

51332
57jq'3>1332

Nov

b»iG

Nov.-Dee
Dec.-Jan

Marion, 1,084
Florri M. Halbert, 1,535
7 2,619
Reval, per steamer Dago, 4,530
4,530
Wilmington—To Liverpool, per barns
Nancy Holt, 1,410....Flora,
2C0
Summer Cloud, 1,207
Saron, 1,300
4,117
To Antwe.p, per brig Wilibald, 9.0
900
Norfolk—To Liverpool, per steamer
McGregor, 5,10J
per bark

City

...5ri32'2)516

Delivery.

53s

Thursday.

To

Hermod, 1,814
Baltimore—To Bremem, per si earner
Ohio, 1,648
Boston—t o Liverpool, per steamers
Massachusetts, 565....Pa1 estine,
1,310
Philadelphia—To Liverpool, per steamer
Pennsylvania, 500

Mar.-April
51332
Shipments.
Dec.-Jan., n.cp.,sl,5H32
Nov.-Dee., n.crop.,5D32

Delivery.

Mar.-Apr
Apr.-May

Delivery.

e

To Havre, per bark

Feh.-Mar.5516® li32@ %

Wednesday.

...

4,6t0Upland and 16 Sea Inland
To Havre, per bark Medb^r, 1,512
Up and and 106 Sea Island
To Gottenburg, per bark J. P Bern, 1,600
Upland
To Barcelona, per ship Voladora, 2,350
Upland..,.per bark

Delivery.

538
571G
5716
bii32
bD32

Delivery.
May-June..
l.b^j

NoV
Nov.-Dee

Dec.-Jan
Jan.-Feb

b710 Mar.-Apr
5L2®i5ao Nov.-Dec..




5

0 'll’

7 :i32

53s@n3o
bii32
5N;>o

5516

Delivery.

Feb.-Mar

5H32
April-May.... ....bt332
Nov
b~io

Feb.-March

b^-j

a'Shipments.

Nov.-Dee.,11. crop.5i332
Jan.-Feb., n.cp.s’l.b^s

arrive.

.

Indian

40c., and
has been

corn

favorable, No. 2 mixed going as low as
47|c., closing to-day at 47c. bid. The demand

high as
fitful, and at times sales
as

,

has been

were

pressed to unload boats, ii*

494 *

THE CHRONICLE.

fVOL. XXV11.

order that

they might make another trip this season. Receipts
are moderate at all
points, and the quantity of new
com marketed ha9 thus far been
trifling.
Rye advanced, with considerable sales of prime Canada at 64c.,

Ik Storb
New York

«nd stocks

.

3 20® 3 70
3 85® 4 00

ern

Extra State, «fcc... .
Western Spring Wheat
...

extras..'

3
4

do XX and XXX
do winter shipping ex¬
tras.

8.’® 4 10
25® 5 50

4 0 ®
4 30®

4 20
5 50
5 59.® 8 25
4 00® 5 00

.

do

XX and XXX..
Minnesota paUnts

City shipping extras

Southern bakers’ and fa¬

mily brands

4 50®
4 15.®
3 10®
2 40®
2 85®

Southern

shipp’g extras.
Rye flour, superfine
Corn meal—Western,&c.

Corn meal—Br wine. &c.

Wheot-No.3 spring.bueb. $0 88®
No. 2 spring
v5®
No. 1 spring
®
lied and Amber Winter 1 03®
Red Winter No. 2...".,. 1 06 &1
White
1 05®
Corn—West’n mixed
45®
do
do
do

steamer

white

grade.

yellow

4 40

Barley—Canada West
State, 4-rowed

3 50
2 70
2 90

30®

State, 2 rowed
Peas—Canada bond&free

Flour,
bbls.

Chicago

,

(196 lbs.)
43,410

Milwaukee.-.

5jM-:8

Toledo.
Detroit
*

•

Peoria
Dulutu

•

,.

•

Total
Previous week....

.

.

Corresp’ng week,’ 77.
Corresp’ng week,’ 76

.

Corn,

bush.

bush.

., ,

•

.

.

,

.

•

Same time 1876....
8ame time 1375...

,

,

,

..

Barley,

.

busb.

376,839

86 885

122,967

151,350

74,0 5

7.451

38,800
lc5,4:9

56,450

17,500

17,5t0

2,334,-39

1,4’. 3,258
1,238.745
1,5;7,9?0

608-891

1,375,768

490,667

180,982

32.736

1,0 0
5.000
146.037
1^8,6^9
164,569

11,050

2.020,652
2,3:5.234

.

....

(32 lbs.)

....

597,232
5»1,309

....

397,148

90.972

516,041

100,112
8 6,295
124,38?

472,707
40v,s91

83 593,551 27,245,703 8,245,700
70,276,566 20,895.555 6.937,691
72.289,793 22,397,969 7.110,664
43,155,616 22,726,316 4,8 6,101
31,089,-99 13,584,662 5,314,849
27,372,!<79 10,070,081 4,083,905
1,(22,989 20,967 390 29,885,445 8,561,261 4.141.425
1,472,894 28,201,216 15,417,187 12,064.917 3,'*50,7 4 9

4,347,500
4,578,496

2,213,290
2,554,602
283,191
1.625,:f89

1,1 -»5,874
9cU,290

Shipments of flour and grain from Western lake and river
ports from Dec. 31 to Nov. 2.
Tot.Dec.31 to Nov. 2.4,894,589 55,161,495
Same time 1877
4,210,655 36,608,405
Same time 1676
3,965,424 42,5^8,579
Same time 1675
4,478,256 50,677,931

Rail

73,632,754 19,380,092 4,234.143 3,401,567

6v,534,904 16,229,009 4,476,044 2,169,000
68,399.008 10,300,799 2,970.617 1,797,78 >
33,934,414 18,879,636 2,i 03,581
753,0l7

shipments of flour and grain from Western lake aid

river

ports
Week

49,000
249,«73

413,0M
60,500

tC6,86«

4T7.023

17,547

47,12?

251,905
15,079
190,000
159,179

83.806

Bui 158

7’,870

120,819

310,542

500,551
3,216.438
1,056,829
352,891
423,997
175,000

671,(38
K‘7,214
112,591

.

122, i 06
639.950

...

Oc*.
Ocr.
Oct.

,

21.960

bash.

20,472

bash.

llNluS
142,658

47,3'.6

1,911

65, rob

2=0 TOO

335.484

73,316

300

185,660
1M20

15,110

2:3.584

76,405

9,473

64,442

391
9b2

103.450

3,152

Total

54,657

110,155

841

20,00
134,130
19,617

3:7,580
892,581
317,508
l,495,8Qt»
1,134,000

40,562
68,951
152,170

28,584
11,311

250,970
1,176,899
7,316,090

178.567
212.231

137,427

22,655

£09.500

15 8,600

7 8,55 8

451.GC0

188,COO

16,292,755

9.604,9^2

3,175,740

7,357

5.083,907 1,406,548
10,208,909 3,552,441 5,212.725 1,648,975
.16,503,659 10,218.895 3,729,610 4,767,541 1.249,579
.14,701,428
9,80:3,913 3.713,632 4,142.867 1,260,292
13,099,673 11,0 5,074 3,942,782 3,778,721 1,244,086
12,478,859 11,134,092 4,249,525 3.083.073 1,552,949
12,589,331 11,293,242 4.115.273 1,831.953 1,07m ,07 4
11,703.489 10.600,568 4.318.273 2,200.901 1,026,128
9,513,205
9.560,843 3,543,809 3,012,73 i
674,248

2n, 1878

16,882.581

19, 1878
12,1878
Oc :.
5, 1878
Sept. 28, 1878

.

1,420
18,450

7.831
3,571

20,070

113,250

9,100
620,456

724,958
493,500
316,649
1,269.989
617,081

,

Kansas City
Baltimore. ;
Rcil shipments, week
L»ke shipments, week
On canal

53

Rye,

bush.

1,568,905

...

(48 lbs.) (56 lbs.-*
341,977
191,932
43,100
26,625
.13.690
93,720
19.065
8,831
3.748
13,541
400
26,400
6,350

1:2,787 1,915,034
Tot.Dec.31 toNov. 2 .1,624,001 73,127,107
tame nrue 1877...
3,1186.121 42,456,413
Same tim; 1876
4,558,757*47,431.528
Same time 18,5...
.4,105,813 58,610,0J4
Tot Aug. 1 to Nov. .2 1.627,342 39,120,11.8
Same time 1877...
,l,752,f 81 32 IM.795
■

Oats,
bush.

((0 lbs.) (56 lbs.)
888,101 1,051.833
359,728
345,9-0

250

Cleveland
St. Louis

Wheat,

3,983,584

Indianapolis

1 07
06#
1 10
47#

Receipts at lake and river ports for the week ending Ncv. 2,
1878, and from Dec. 31 to Nov. 2, and from Aug. 1 toNov. 2.
AT—

4,250,448

,

Sept. 21, 1878
Sept. 14,1878
3, 1877

Nov.

♦Estimated.

95® l 00
80®
85
7i®
85

..

Barley,

Peoria

37
1 25

1 CO®

Oats,

Philadelphia

00
59® 62#
28®
32

Oats—Mixed
WThite

5 75

bu‘h.

115,112

St. Louis
Boston
Toronto
Montreal

®
57®

•

.

Oswego*

90

49.®

State and Cunada

.

Milwaukee
Duluth
Toledo
Detroit

97

40#®

Rye—Western

.

Chicago

Grain.

$ bbl. $2 40® 3 00
Superfine State & West¬

bush.

8,050

•

Corn,

bush.

.

Buffalo.

60c.; but the close is dull and drooping.
Barley has had but a slow sale, and prices have favored buyers.
Canada peas have remained nominal.
Oats have met with a
steady demand, and prices are higher. The sales have included
No. 2 Chicago for December at 80£c., but now quote
at 31c.
To-day, the market was firmer, with No. 2 graded quoted at 30|c.
for mixed, and 32c. for white.
The following are the closing quotations:
No. 2

.

Albany.

and No. 2 Western at

Flour.

Wheat,

at—

THE DRY GOODS T*ADE.
Friday, P. M.. Nov 8, 1878.
Business

light the past week, owing partly to the excite¬
ment attendant upon
the elections, and transactions were mostly
of a hand-to-mouth character.
The subsidence of yellow fever
in the South and Southwest has
given a slight impetus to tbe
demand for seasonable goods for those sections of
country, but
operations on the part of Western and near-by jobbers were
somewhat less liberal than expected.
Agents representing menV
wear woolens have in some instances
opened spring styles of
fancy cassimeres, worsted coatings, &c., and a few orders have
been already placed by early buyers; but thus far the demand
has been chiefly restricted to a few specialties.
About S00 bales
of colored blankets were offered at auction
by order of the agents,
and tbe goods were disposed of, but at very low
prices. A meetirg of the creditors of the large St. Louis jobbing house of Dodd,
Brown & Co. was held on Thursday, when a statement of thei?
affairs was presented; but no action was taken beyond
appointing
a committee of investigation,
which will report at a future
meeting.
was

Domestic Cotton Goods.—The exports of cotton goods from
this

port during the week ending November .*> were 2,046 pack¬
the chief quantiti s of which were shipped as follows
China, 619 packages ; United States of Colombia, 251 ; British
Honduras, 219 ; Great Britain, 212; Hayti, 212 ; Argentine Repub¬
lic, 85 ; Peru, 77 ; New Zealand, 46; Cisplatine Republic, 47, &c.
ages,

The main features of the market

unchanged ; and, while the
strictly moderate, prices were fairly maintained by
317,508
250,970
22,555
110,799
149.658
192,207
116,298
127,440
1,575 agents.
Brown
sheetings and low-grade cotton flannels were in
Nov. 4, 1876
633,984 1,0 2,478
182.620
352,577
90,255
Nov. 6, 1875
steady
request, but bleached cottons ruled quier, and there was a
379,291
285,284
409,404
62,688
17,817
light
movement
in colored cottons, aside from dyed ducks, con¬
Receipts of flour and grain at seaboard ports for the week end¬
siderable quantities of which were sold at low figures to the shirt
ing Nov. 2, 1878, and from Dec. 31 to Nov. 2.
Flour,

ending—
Nov 2, ls78
Nov. 3, Is-77

bbls.

Wheat,
bush.

Flour,
bbls.

New York
Boston
PcrUana*
Montreal

127,251
46,1-60

Wheat,
bui-h.
2,« 85.813

bush.
135.4t7

Corn,

Oat*1,

Barley,

Barley,

Baltimore
New Orleans
Total

Rye,

buch.

demand

Ry<\

trade.

bush.

349,336
17,500

123,220

21 5

1 :-C0

64,400
13,000

25,000

85,(00
74,806

54,250

8,661,081
3,025,497

1,612,355
1,725,971

466,500
570,800

27 '.055

bu-h.

172.«i» 0

282,868

26,240

271,382
...

bush.

211,725
103,550
3,500

27,759
24.163
16.070

bush.

1,073,346
110,900
12,0' 0
83,904

80,150

3.000

Philadelphia

Corresp’ng week,’77. 205,468 2,8i8,548
TotDec.31

to Nov.2.7,685,664 91,267,116
Same time 1877
6,546,118 34,987,896
8ame time 1876
..8,175,428 86.4*>9,v70
Same time 1875
8,037,161 45,761,582
..

*

Oats,

bush.
178 567

1.366,326

93,351,357
74,03^,552
78,295.639
50,050,032

11,064

4.900

1,000
—

437,444

422.;-86
329,120
406,922
60,519
•
660,299
44|231
20,988,523 4,457,771 4,237,219
17,806,353 4,917,949 2,1«h,198
21,369,160 5,154.503 l,08i,825
16,845,959 3,019,157 378,130

418,780
481.515

Estimated.

Exports from United States seaboard ports and from Montreal
for week, ending November 2, 1878.
From—
New York
Boston
Portland
Montreal

Flour,
bbie.
.

Philadelphia
Baltimore

Toial for week..
Previous week
Two weeks ago
Same time in 1877...

f

1,604

20.139
750

6,116
3,387

16,410

Wheat,

Corn,

bush.

bush.

1,' 39,255
100,810

306,842
39,421

Oats,
bush.
48 170
100

300

192,607
: 99,276
344,730

The visible
and

Peas,
bush

16,053

143,672
148.669

61,957

6,221

11,552
800

....

•

•

•

16,053
70,076

17.776

40.171

107.767

38.2S1

106,943
116,yl5
sacks flour, and

Print cloths

were

in

moderate

demand

and

a

shade

firmer, but quotations were nominally unchanged at 3£c., cash,
for G4x64s, and 3c., cash, and 3c., 30 days, for 56i60s. Prints
ruled quiet, and Spragues and Southbridge fancies and Allen’s
dress styles were reduced in price.
Ginghams and cotton drtss
goods were in light request, and somewhat unsettled in pi ice.
Domestic Wooden Goods.—Heavy woolen goods for men’s
wear continued quiet, with the exception of worsted
coatings, for
which there was a moderate inquiry. ' Light-weight fancy caeeimeres

and

cheviots

have

received

some

attention

from

the

clothing trade, and

some orders were placed.for future delivery ;
but the demand for spring woolens was by no means general.
Cloakings were in steady request, and beavers and overcoatings
adapted to cloaking purposes met with moderate sales. Repel¬
lents were general y quiet, and there was no spirit in the demand
for either Kentucky jeans or satinets.
Plaunels were in fair
demand, but selections were mostly couflned to small parcels
necessary for the renewal of assortments.. Blankets remained
quiet in first hands, and jobbers’ Bales were not up to expecta¬
tions.
Worsted dress goods were in steady request, but shawls
and skirts were lightly dealt in.

Foreign Dry Goods.—There

•

supply of grain, comprising the stocks in granary
principal points of accumulation at lake and seaboard ports,
in transit fey lake, canal and rail. Nov.
S, 1878, was as

follows:




Rye,
bush.

r

108,406 1,867,079
703.861
49,070
84,976 1,461,873
685,429
58,585
61,160 2.199,63(4
703,9.4
116,402
74,255 3,846,693
993,292
64,053
From New Orleans 124,123 bu^b. wheRt, 4,487 bhlg. and
8,2C0
S3,311 bush, corn; from Richmond, about 4,000 bbls. flour.
at the

were

was

...

At—

Previous week

Corn,

bnsh.

in

was

only

&

moderate

movement

foreign goods from the hands of importers and jobbers, but

considerable quantities of dress goods, silks, velvets, &c., were

distributed through the auction rooms.
Staple dress goods re¬
mained steady in price, but liberal concessions were found neces¬

fine French fabrics of a fancy character. Low
grade black and colored silks were in fair request, but fine quali¬
ties were slow of sale.
Millineiy goods dragged, aside from
trimming velvets, which were in fair demand.
Linen and white
goods, embroideries and Pees,/were lightly dealt in, and there
was very little demand lor men’e-wtar woolens.
sary to move

.

NOVEMBER

THE CHRONICLE.

9, 1878.1

Importations ol Dry UQod*.
The importations of dry goods at this port for the week
ending
Nov. 7, 1878, and for the
corresponding weeks of 1877 and 1876,
have been as follows :
ENTERED FOR CONSUMPTION POR THE WEEK ENDING
NOV.

1876

Pkgs.

Value.

Pkgs

Receipts of Leading Articles of Domestic Produce.
The

following table, based upon daily reports made to the
Exchange, shows the receipts of leading
articles of domestic produce in New York for the week
ending'
with Tuesday last, for the period from
January 1, 1878 to that,
day, and for the corresponding period in 1877.
New York Produce

7, 1V78.

1877.

1878

Value.

Pkgs.

495

Value.

'

Manufactures of wool..
do
do
do

394
506
379
523
223

$156,628

2,031

cotton
silk

..

flax...

MiBcell’neous dry goods
Total
WITHDRAWN

PROM

206
498

$69,143
112,295

416
668

173.49S

$145,501
1*15,679

102,714

411
511

83,680

183

603
879
845

356,297

84,810
70,439

$756,302

1,809

1510,185

3,411

125,427
287,853

WAREHOUSE

Manufactures of wool..
do
do
do

cotton

silk..
flux...

Miscell’neous dry good;-

$979,795

THROWN

INTO

THE

MARKET DURING

8AME PERIOD.

$63,578

934

3,015

35,451
54 7t0

237
96
61

33,003

183

13,316
4205,045
753,302

122

$SS,867
25,6)6
45,535
38,695
10,830

231
59
70
497
920

691

*2 '9,543

1,899

510,185

1,777
3,411

*81,682
:

7,287

63,209
53,863

51,746

$961,350

2,508

$719,728

267.792

979,795'

5,188

$1,247,567

ENTERED FOR WAREHOUSING DURING SAME PERIOD.

Manufactures of wool.
do
do
Miscell’neous

209
93
61
161
117

cotton
silk
flax

cio

..

.

dry good

Total
Add eut’d for cons’mp’n

$92,231
S2,377
6 >,303

$85,674
22,164
52,294

15,932

213
55
58
<99
211

$232,7:6
756,302

1,C69
1,809

29,903
.

619

2,031

Tot’l entered at tlie port

2.080

$989,018

Imports of

285
97

36,206
114,114

13,639

104
IDS
717

$2->5,418
510,185

1,431
3,411

$357/76
979,795

51,647

2,878

$1G0,S77

$735,603

55,085
50,794

4,842

$1,336,871

Leadlutf Articles.

January 1, 1378, and for the

when not otherwise

Same
Since
Jan. 1/70 time 1877

Metals, <fcc.—

195,972
27,431
4,234
?,64t

1,447,652

15,272
3,3*7

Jewel rv

*

1.254

17,952

19587

52,6-4

54,051

56,186

55.375

2.70

Linseed....
Molasses

525,8:3
502.304
1,84, ,779 2,472,3y5
763,437
783,315

Fish

Lemons

5,711

Oranges.

4,77-*

Nuts

2,686
Raisins
118,854 Hides, undressed..
Rice

1,574

4,256
37.9.8
1,163

5,376
49,836
71.

Spices, Ac.—
Cassia

75,091

76,906

74,734

111,893

114,056

27,390

35,040

2,760

110,647

75,135

65,511
3,716,246

2,73$

255.568

3,712,409

Ro*in.

64.454

53.468

940,765
426,537

700,656
401,314

89,385

50,(160
322 184

110,451
432.815

190,127

316,099

Cork
Fustic

340 7*4

368,564

39,559
536.0 8

28,583

85,60<

Logwood

516,403
43,666

58.261

Beef,
To—

Pork, bbls.
bbls

?'■

06*
691
110
55

London

Giasgow

-

Hull

British Ports

150
v5
20

Bremen

Rotterdam
Havre
Marseilles
Continental Ports
South and Cent. America.
West Indies
Brit, and N A. Colonies..
Other countries

Lard,

& tcs.

lbs.

,

1.338
263
219

a

•

23,700

1

112,700

12
1«5
153

2,737
1,287
959

7,018

721,32’;

Tallow,

lbs.

lb*.

1,095.051
347,220
83,2 0

’

obis.
.tcs. & bbls.

Lard

403

63,945

oO
750

2,149

fi5,6r*4

3,079“
69,510*
350, f. 02

•

271

343,317
18,493

75

2,659

8,400
151

392,302
14,737

1.770

116,034
68,198

1,866
1,530
21,387
23,330
41/04
6,429

10,427
3,500

kegs

Hogs, dressed

.

Rice

xNO.

131

pkgs.

1,190
24:»
854

Sugar
Sugar

hhds

40

..pk^s.
..bx s. and

..

Tobacco
Wh skey....
Wool

1,703
2,465
1,234
4,348
2,651

cases.

...bbls.

...

3,8)6

293, J 5?
15,955

144,706
37,718

44,8c6
1,09 .',351
1.060/04
2,665,310

863,3401,089,760
1,953,988
419,629
337,837
34,940

420,180

602,617
39,776
20,214

62,897

36.905
63.169

33,187

16,837

10.535

1.266

726

16,013
68,143
134,306
136/ 96

12,620
60,49 >
18 ,500
93.435*

171.0(8

132,6-36*

15,560

89/t-$.

The

following table, based upon Custom House returns, shows
the exportB from New "York of all leading articles of domestic
produce for the week ending with Tuesday last, from the 1st of
January 1878 to the same day, and for the corresponding period

183,356

11,00.
4 VV20O

227/190
56.000

673,200
*

105,000
619,500

630,705
.

81/OnO

57,475
4,275
7,925

96,600
209,915
9,500
15,418
210,2.9

3. 3

15,8*9

27,9i8

Ashes, pots
Ashes, pearls
Beeswax

Same time
last yea .

Flour, ■wheat
Flour, rye

37 500

960

...bbls.
..bbls.

52,111

2,074,046
3,751
173,124
46,398,315
3,661,428
3,399,171
1,518/17
3*8,725
23,955,762

1,159,554

60

1,052,880

Rye

32,820

Oats

40,202

Barley

Peas
Corn

2.787

7,754
1,982

373,418
121,339

904
415

50,850
39,768
185

200-

4C6

15 5*8

2,514

215, M6

22/50*
202,145
9,504
43,950

bbls.

.

85
55

bbls
cwts.

—

18,303

gals.

«

soe/SSo

•

■

27,500
11,579
3,027
....

3,23 i 5.667,626 7.54 ',535 l/0t.l04
95L781
5.7o0 2,607 8.15 .186! 8,ls7,7»
2,195,659 l,m,8l6

•

•

•

•

27,631
gals.
....gals.

7.985

...

•

•««••«*

•

■

••••••

«•••••••

•

•••

••«••••

«•

• •«••• •

•

••

•

•••••

215,424.

4'*.391
46,177

...

•

1,095,362

671

Pork
Btjcf
bbls.
Beef
Cutmeats
Bn ttcr.
lbs
Cheese.
lbs.
IiSrd
.....lbs.
HlC6. •»«•••••»••••••••••••• ...bbls..
Tallow.
lbs.
Tobacco, leaf
...hhdu
Tobacco
bales and cases.
Tobacco, manufactured,..
lbs.
Whaieboue
•

1,832,21*2
206,7)7

tons.

Spiiita turpentine

Rosin
Tar
Pitch
Oil cake
Oils—

16,26(5,570

...pkgs.

•

.

6,123
187,295

1.426

...

Nav/ Stores—
Crude turpentine

236

257,239

Cotton
Domestics

Huy..•
Hops

1,83,

..bush.

.

Candles
Coal

•

....

647

104,496-

...

'

.391,926
430 596

4,111,950

189/08,633

5,386

203,946

629
798

42,653
49,0*2
378,613,591
19,88s,609
118,8* 2 441
218,552,320
20,263

1.124,010
5,179,683
620

629,411
1,8C9
1,204

199,169
2,130

1

61,615,330
103,800

77,133
6,314,017
95,118

-

31,050*
318,185
81.815

37/05 44,978-

4,993

1,807,148

1,666,736
9,006

7,027,212
322,603

*i,m ait*
.V
/4-;,5$V

6,853

91

'

Pr > visions^

6 U0G

10,138
1/(0

-156,169

*

97/60
'

1,980
2,068

13,519

2,597

Lard
Linseed
*

lbs.

Wheat

Whale

*

2'2

Corn meal

Sperm

6,000

1,325

6

Breadstuff's—

1.0,000

4ft non

60
....

.

82,249*

189,211

Week ending Since Jan. 1,
Nov. 5.
1878.

’

21,4:0'

Exports of Leading Articles of Domestic Produce.

410.901

*

6
55

223
4)7
54
167

lbs.

Cheese,

mu o'.ii

.

9'J

Bacon,

1,565,0.*9 5,825,290
80.000
66,025

91
•

•24

118,848

Pitch

Oil, lard
Oil, whale

'.6,955

1,023

•

9,742

Oil cake

12*7,893-

in 1877.

$

142,301

Ginger
Pepper
Saltpetre

431
332 407

213 968

730

1,217,694
916,712
1,8:8,196 1,207,757
638,982
609,992
887,56*
973,617
9,266,954 10,219.066
231,692
277,834

2,395 Woods—

403

52,365

306

Orleans, for the week ended Nov. 2, 1878, and their
distribution:




180,690

101.815

Tar

La.d

£33,910'

10,301.5984,749.2b2
398,863-

313

Turpentine, crude...
Turpentine, spirits..

Egg-*

742,786

1,624.547

154,964
141,724

•

....pkgs.

29,105,065

216.590

•

...

34,119,960
12,716,788
4,730,6 '5
5-5,716

3,151
1,492
2/196

hhds.

Cutmeats
Butter
Cheese

17,523,13$

28,589

bales.

Pork
Be*f

199,054-

54.058,724
3,477,870

512

No.

Leather
Lead
Molasses
Moiasses
Naval Stores—

163,118

Fruits, Ac.—

b,8"4
1,049

1,192

48,431

$

Fancy goods

4,496

114,552

43/54
882,763

Exports of Provisions*

week

2,708.539'

bags.

Hops

Tobacco.

following are the exports of provisions from New York,
Boston, Baltimore, Philadelphia, Montreal, Portland and New

Previous

Peas
Cotton
Cotton ceed oil
Flax seed
Grass seed.
Hides
Hides

103 074

The

Total week

Barley and malt

763,206

161,453

Mahogany

Liverpool

8,686,438

5/80'

1,300.964 1,063,764

Corks

*

2,171

Watches

103,171
2,630
1,533,895
133,390
948,650
173,975
341,362
20,172
24,055

Corn
Oats

Tallow*

'111/200

value—

37,204 Cigars

88i

1/54

Q f)fiH Ml iVt

...

5,7u3

33,342

558

9 222.590

4,630 Wool, bales
4/32 Articles reported by

4,311

3, 02

5,896
969,213
37,022
1,027.257

Champagne.bktf1.
Wines..7.....

55,212

5/65

Sodaasb

Ivory.,
Jewelry, &e.—

bbls

15,64o Tobacco
24,632 Waste
3,o69 Wines, &c—

35,426

Soda, bi-carb...
Soda, sal

Hides, dressed..

Tin, boxes

4,610 Sugar, bxs & bags.

24,427
2,876

Oil, Olive
Opium

India rubber

,

Tea

Madder&Ext.of

Bristles

Steel

1,542,5.5

4 572

Gum, Arabic....
Indigo

HideK <fec—

Lead, pigs

Spelter, lbs

Stock
20,384 Sugar, hhds, tcs. &

18,616

3,501

Hardwaie

63>J3i Paper

110,617

Cochineal
Cream Tartar..
Gambier

Hemp, bales

6b,71t5»

Stearine

Cutlery.

12.591
84,975
271,63.
33,689
6,0i 4
5,79a

12,98
32,739

Glassware
Glass plate....

Flax.
Pars
Gunny cloth

3,504

62,167

Spelter

Earthen ware-

Cotton, bales
Drugs, &c—
Bark, Peruvian.
Blea. powders..

specified.]

Since
Same
Jau.l ,’78 time 1877

China, Glass and

Cocoa bags....
Coffee, bags

40

566

Provisions—

period in 1877:

same

[The quantity is given in packages

Coal, tons

Corn meal

Peanuts

The following table, compiled from Custom House returns,
■hows the foreign imports of leading articles at this
port since

Onina.
Earthenware..
Glass

bbls.

Rye

165
137
46
204
432

cons’mp’n 2,031

Tot. thr’wn upon mark’t

Ashes
Beans
Breadstuff's—

Wheat

J

Total...
Add ent’d for

Week ending Since Jan. 1. Same time
Nov. 5.
1878.
last year.

Flour, wheat

AND

THE

183,237
149,081

..

1,060,398
82,081

212,612341,171>
10,961

202,304,015157,027
34,304
47.850

204,296,134
18.424,895
94,737,831 >
148,590,955
22,174
48,572,620>
86,27080,635

7,268,70*
67/24

•

496

THE CHRONICLE;
GKNEK1L

GUNNIES.—See

BREADSTUFFS—Seespecial

4* a

4*

report.

BUILDING MATKR1ALSBrickt—Common hard,afloat..M
Croton

Philadelphia

Cement— Rosen dale
bbl.
Lime— Rockland common....$< bbl.
Rockland finishing
Lumber—Fine.g’dto cx.dry & M It.
Pine, shinping. box
do tally boards, coai.to g o,each.
Oak
# M. it.

Ash, good

Black walnut
fiprucc boards A planks, each
Hemlock boards, each
Maple....
$ M. ft.
Hails—:0®60d.crm.fen,* sb.^ keg
Clinch,m to 8 ;n.&longer
■Id fine

Cutspikes, allelzes

2 23 ft 4
7 oO ft »
2C 00 ft 28
....<& 1
...&
&
45 00 ft 60
18 on ft 22
22 @
83 00 ft 45
38 00 ft 45
7o 0o @15u
20 ft
14
ft
25 00 ft 45
2 15 ft
n
4 25 ft
ft 4

oo
00

Montevideo,
Corrientes,
Rio Grande,

00

7kS
6^-s
5

00
00
00
28
16
00

6
1 5L’

Matainoras.
Wet Salted—Baen.

Para,
E. I.stock—Cal.

.

45

b
9

55

factory,prime tocholce....^ti>

....

&

9

ft
ft
ft

8

ft

21
23
16

....

•

u

16

11

L&guayra
St. Domingo

« 1

HH

1 i
16 k
13
17
13

l
ut

12
14
15

“
“
‘

l':Y

v

ft

“

gold.
gold.

15
17

ft

14

gold
gold.

Savanilla
(JostaRica

15

©
ui

C'JFPERBoltS

¥4 ft.

Sieathn.g, new fover 12
Braziers'(over 16 oz.)

....0
...ft
....©

o7.)

American Ingot,- Lake
COTTON—Bee special report.

D.tUGS & D YES—
A um, lump, Am
Aloes, Cape
Ames. Barbudcea

iska

..¥< 100 lb
ft.

2 01

cur

gold.
“

Arsenic,powutied

“

ft

ilk ft

li
22

&
ia

iHcarl).soda,Newcastle.^ 100ft

“
3 70 %
^ftcur.
S
Pleaching powder
1 0
? Idia. “
ia
Brimstone. 211 *a & 3rds,per ton.gold.2i 50 ft
Brimstone, Am. roll
*fft..car.
‘2%&
Camphor rofined
“
26 ft
Castoroi),E.l.inbond. ¥*gal..gold.
93 ft
Caustic soda
1U0 ft
**
3 .55 a
Calorate potash
“
li 50 43

Cochineal,Honduras, silver...

58

Cochineal. Mexican

55

Cream

tartar, powdered
C ibebs, East India

.c 5r.

(£

12

at

"

Ginseng

■

55»-4
1

93
16
21
26
25
26

cur.
(4

Glycerine, American pare..
Jalap
Licorice paste,Calabria....
Licorice paste,Sicily
Licorice paste, Spanish,.solid., .gold
gold
Madder, Dutch
“
44

41

•

Madder,French, Iji.X.F.F

Nutgalls,bine Aleppo

5

Opium,Turkey ....(in bond gold.
Prussiate potash,yellow, Am..cur
.cur.

faicksilver

3

■U

47

cur.

3 61
50
1

habarb, China,good to pr.... “
5al soda, Newcastle.. $ IW) ft, gold
Shell Lac, 2d & 1st English.
it .cur.
Soda ash
¥*100 ft. gold
Sugar of lead, white, primes Ibcur.
Vitriol, blue.common
“

ft
ft

ft

ik<a
37kft

gold.

gold.

ainine

ft
ft
ft
ft

i8ko

..cur.
cur,

Oil vitriol 766 Brimstone)...

ft
ft
<*,

}P ®
it9

1 65
...

<3
a

(X*

wiS l—
Gr’d Bk.^c

14
1 40

1

s s'.y*
7 75
60

..ft

29
23
23
8
5k
19

!\
S 5J
«

-

-

....

8 70
L 50
1 15
21
1 70
20
7

.

French

13

Figs,
CantonGinger.w».* hf.pots.^
B wdlnes, ^ half t »>v
£ar(iine>, ¥* quart i,v box
...

■fdacnronl. Italian
Domestic Dried-

..

case.

5
13
6 50

tio

uo

do

11

¥* ft

12k@

$ ft.
ciuarters......

State, sl!c« u,
8o_do
quaff ers
Peaches, pared, da., z d to cli’cc ’7S
unpared l.uives ana qrs...

4
3
'
■

0
@

3k<a»
s k®
7
3

a

&
©

Blackberries...

5

tfiaspberries.....
l.berries, ary mixed

28
13

FUtiiUK State

:5

@
<a
tA

11

&

^t’fcortlebernes




is”
8 00

16%
11%
14

5%
5

'4%

If '

5«%
0

3»
19
16
12

12

Q
a

‘s k

IKOJN-

©
©
©

51

©
©

33

©
©
0.
©

17 50
!6 50
15 51
23 ufi

15 50
14 :>'»
‘21 00
Store Drives%
Bar, Swedes .ordinary sizes.. ¥» ton. 136 00 ©132 50
Scroll
¥* lb. 2 5-U)@5
Hoop, %X.No.22tol&l%xi3&!4 “
5 © 2 8-10

Sheei, Russia
gold.^ft
U%
Sheet, 6ingie,double & treble, com.
3%-3
4
Rails, American....
; 1 ton, cur. 24 00 © 35 ro
Steel rails, American

46 to

....

<S 44 00

LEAD—

Ordinary foreign
Domestic,

* 100 lbs, gold 6 3?%

••emmon

cur.

Bar (discount, 10 n. c.)
“
Sheet

t> 6j

.4? ft

n,

r, 40

©
&
@

3 7?

••

common

20, e

hide,h., m.&1....

Oak. rough..

1”
20
25
23

rexas.crop

25

“

rough

Slaughter crop

....

Q

22
23
27
23
26

MOLASSES—

Cuba, clayed
...V gal.
Cuba, Mn3,.,vefin.gr,d3,50teSL.
do

do

31

©

33

....h

grocery grades.

Barbadoes
Den'teip.ra
Porto Rico
N. O., com. to prime.
N A VAij STORES—

NoinlLial
i 1

22
25

©

45

ft

4j

Tar, Wasbiiigton

....V bbl. 2 20

Tar, Wilmington
Pitch, city

ft

2 20
1 'JO

i>
fc
•it

2 37k
2 37 k
2 Ml
29

Spirita turpentine...,

.V gal.

.

d.ty bbl.

1 f>7 -i‘ :i.

1
“
0 2“
!C
“

1
1
2
4

window glass

44

7n
53
50
UP

ft
0

1

b

3 «5

ft

4 «5

til

4%@

13

Vft.

10%

OILS—

pal.
**

Olive, iu casks ¥< gall
Linseed, casks and bids

1 15
59
27
6d
48
43
81
S3
44

“

Menhaden, crude Sound ..:.
Neataioot, No. I to extra..

“

Whale,bleached winter
Whale, crude Northern
Sperm, crude
Sperm, bleached winter

“
“
“
“
“

...►

Lard oil. Nos. 1 and 2

“

©

JO

©

1 2U
63
cO
9U
50
45
85
1 01
50

©

©
6t
ft
Q
©
©

PETROLEUM—
Crude, In bulk
Cases
Refined

-a

12k*
.

N’aph'ha.CIty, bbls

.

.

.

9k

.ft

8k 6

4»

•••

wit

r>%<•

44

tx 3
S

SALTTurk’s Island
.¥1 bush.
St. Martin
;
Fjl vernooi, A3liton*s fine.... •V sack.
SEEDS—
Clover,Western..;
^ ft.
Clover,,Nc\v York State

Timothy...... 1

Canary, Shiyrna..
Canm y, Sicily

,!.$f

Duaa.

Canary, Spanish
Canary, Dutch.....
Hemp, foreign
Flaxseed, American, rough.
Linseed, Calcutta
$ 56 91. gold.
Linseed, Bombay
^ 16 agbld.

tv
...-.

-

....©
©

1 4'J

....©
2 05 ©
...

©

“

nx
15

9-71

a.
...

Am.Merino, ur.washed

gold.
STKXJfL—
s.

5- IS

3

n

,i S

*47 6

8

tv....

n 50
6 60

©
4

so
28
86
SO

Qti

86
f8
42
33

&
&

ft

18

ft

20

21
21
15
li
23
25
21
21
13

ft
ft

27

S3
2u
18
26
3U

Gi

ft
ft
ft

ft

....

21
15

fin

ft

SAIL.---.

d.

».

7k

40 0

15k
15k

.ft

75

,

d.
11-32

18

4

©

so*

Vbx g d.

6k

©

.

*•

s. //.

7k
7K

None.

“

©
2 6
6
22

k

•

30 (J

7k

7 11

-....

50

ft....

CosaimereEal

Cards.

Russell & Co.,

C OM MISSION

4-20
9
6 03

6%
ty4

MERCHANTS
AGENTS,

SHIP

.

Hong Kongv Canton, Amoy, Foocliow
Shanghai ami Hankow, Cliina.

Boston Agency,
; New York Ageimv
J. M1;RRAY FORBES,
S. W. POM EliU Y Jb.,
6(1 C.EXTUAL STEEKT. 1
165 WATER

[■

ST., N. Y

Hong Kong & Shanghai
Banking
Corporation,
Office, Hong
Head

Hong.

■A

GJJ\T

B. W. POMEROY

Jb., 105 Water St.. N. Y.

Charles E.
COMMISSION
14

Parker,

MERCHANT,

Exchange Place,

*

BOSTON.

Post Office Box 2,634.

Olyphant &
COMMISSION

Co.,

MERCHANTS,

Hons; Hong, Shanghai, Fooeltow and

Canton, Cliina.
REPRESENTED tjt

OLYPHANT

&

CO., of Cliina,

104 Wall St., New York.

2 50

John Dwight & Co.,
MANUFACTURERS OF

ty-i

....©
1 2C (■;.
1 S5 ©
..©
2 10 ©

8

gold. ^ ft

.—

8V
BX

7k ft
6*.*

V ft.

FREIGHTS—
11> Livkupool:
Co iron
ft.
Flour
# bin.
beav: voo<;b. ,%«r,on.
Coru*b’lk& bga. & bu.
V/n.net. bulk & bags..
Boe>
& tee.

b

©
©

9

8^4
8k d

••

Texas, medium, Eastern
Smyrna.unwashed

....©
....

9h©

**

3k

44

9k©

Cane Good Hope.unwashed
Texas, fine, Eastern

RICE—

Carolina, fai' to piimo
Louisiana, fair to prime...
Rangoon, in bond.....
,.3P 102 R>
Patna, auiy paid

7k
7k
95f

*»

It

‘.V

as
....©

41

7H 3

“
**
“
**

6

Burry

15 oj

...

..

“

7k

Fair
Interior

...

Western

fcM

ex a

7k
7k

7k©

"

Extra, Pulled
No.l, Pulled
California, Spring ClipSuperior, unwashed.

-

Beef

7 HA

“

WOOLAmerlcau A \
AlllCIi'. uu, N lit. i it 2
Atueri can,Com bing.

»

Bacon, West, long clear

“
“

“

Plates. 1. C., coke
Plates.char.terue

PROVISIONSFork, mess,?pot
...» bbl.
7 65 t 7 70
44
Pork,extra prime
©
4
Pork, prime mes.% West....
....ft
Cl
3eei, p alu me6p
41
Beef,extra mess, nominal
17 ( 0 a 10 :o
44
Hama, smoked
Lard. City steam

“

....ft
7 ©

“

English .refined

»K

44
...

“

**

Pruuecity

30 53

41

....24

••

TIN—
Banca
Straits

....57 23,00
...

6k
7k
7H

I

“

“

cut loaf

OIL C AKH—

City, thin oblong,bags, cold.
ton.
Western, thin oblong (Dom.)cur

ft

veflnirg... .ty ft.

granulate!..

AND

9%©
13%©

Cotton seed, crude

17
38
14

<ts

...

“C”...
Ye’low
Molasses sugars
TA1LOA-

2 13

41 ©
5 Ui(c4

OAKUM—Navy,U.S. Navy & best

36

42k

NUTS-

Filberts, Sicily
Walnuts, Naples

,60«
85

....

do
off A...
White extra C
Extra C

S iuth

5k

..

Coffee, A, standard

22X

19%®

©
....©
....©
©
80 @
&

Brazil, Nos. 9@U
Refined—Hard, crushed
Hard, powdenjd

LEATHER—

Hemlock, Buen, ATes,li.,m.&
"
Califoruia, h., m. & 1

15

Fsir
Good refining
Porto Rico, refin , fair to prime
Boxes, clayed, Nos. 1U©12
Centrifugal, Nos. 7@13
Melado
Manila, sup. an d ex. sup
Batavia. N os l‘i@12

34
38

13
U
•a
20

....©

Batavia

do
stems
snGARInferior to common

...

V ton. Mi 50

6 09
5 25

....©

Cloves

40

-

S7>si

white

do
do

...

Pig .American, No. 1
Pig, American,No.2
Pig, American, Forge
Pig, Scotch

V ft,gold

Nutmegs, Batavia and Penang
Pimento, Jamaica

<2

Honduras, sheet
Mexican, sheet

Pepper, Batavia,.
do
Singapore

5 STM®
4

do
Calcutta...
Mace

3
11
8

....©
©
....©
©

..

•

-

<lo

a

16},'<3

.Apple.', Suuilimn, ‘I’eed
r

<3
&

coarse........

......

4 :s*
1 It
17

at

&
©
©

!C0 ft.gold.

©
@

75

4

cur.

do

io"

(«.#

Pecan.

Mackerel, No. 1, Bay..
18 CO <£ 20 06
Mackerel ,'N0.2 Mass, shore
8 oil (i 9 00
Mackerel. No. 2, Bay
9 00 a 10 00
FRUIT
iial8lnB,8eeaiess, new, per oOlb.lrall 3 60 rt 8 65
do
Layers, new
1 70 &
Bo
1 65
Loose, new'....
1 75*‘
do
Valencia, new.
63^ 4
6k
Currants, new prime
4
Citron.
133^X»
18%
b,Turkish, new..
6*
do
new
1

&

None/

Ginger, African

7%

@

Esmeralda, prised, strip
Guayaquil, p eased, strip.
Panama strp..
Carthugena, pressed
Nicaragua, -heet
Nicaragua,scrap

ft

Cassia, China Llgnea

17

“

kips, slaught. gold

ft

3 25

4 75
5 25

common

do

cur.

Brazil

li

’

ft

9

6
6 00

SPICES—

U

Para, fine

(0

TJ-eorge’e aiew) cod.¥> qtl. 3 75 « 4 50
Mackerel, No.1,M. shore
pr.bbl. 14 00 ,% 22 00

Datos

10
7

>.

£

33

gold.
per ICO lb3.
“

Y2Yi

20
2

RJchro. potash..,.

Catch
Gambler.

28
26
23
16

20k

29

19

Calcutta kips, deadgreen..
Calcutta, buffalo
HOPSNew Yorks, com. to med
do
good to prime
Eastern
Wisconsin

Para,

SY

....

Foreign
Domestic,

INDIA RUBBER—

14

....

..gold.
.....gold.

16%»

Old

Western factory,g’d to choice..
“
6Y*
8,Y
COAL—
Liverpool gae cannel
ft 8 50
Liverpool house eannel
12 00-a 13 00
Anthracite—The following will show prices at
4ast auction or present s he iule rates:
Penn.
D.L.&W.
D.&H. P.&R. L. & W.
Betted.
Auctiou.
Sched.
Sched.
NewOct 30.
N. Y.
Port
burg.*
Hoboken
Haibor.
Johmt’n.
6t’mb..f3 50 *3 ro&i
Grate... 3 40
3 57 k
'Egg .... 3 ’U
3 bik
Btove... 8 75
4 !’5
Cli’nut.. 3 Hi
2 8'©3 35
*50 cento per ton additional lor
delivery at New
York.
Coffee—
Rio, ord.carr
gld.^ft
l*Xit
KXH
23
*•
uo
do fair,
no
goto.. ••
i
$
i-%
6i
do good,
do
do
gold. “
....<&
ir.^
4
do prime,
do
do
Fold. *•
16 is
1C
13
i-%
23 k ®
..gold. 44
23
«C
....

do

do....
do....
do....

California,

o*,
i.)

13%»

Yearlings
18
22
15

‘IX

19k3
19k^
18 Q
19 0

Ay, selected

Texas,

“k

ft
<3
ft

5k

do....
do....
do....

••

Re-reeled Tsatlees, best
Re-reeled Ccngoun, No. 1...,
SPELTER—

“7

«Ktf

do....
do....

Orinoco,
California,

so

2 45

ft

_.

'ft

•

41

Dry—Buenos Ayres,selected.^lbgoi(i

00

.

•

3k 3

....

..

..gold.

...

lb.gold

“

Tsatlees, No. 2
Tavsaams. No. 1.

HIDES-

00

CHEESE—

Mexican....
Jamaica
Maracaibo

...

..per 100

soda

SILK—

ft
@
ft

...

Vft

Crude

45

ft

Nitrate

HEMP AND JUTEAmerican dreaseQ
American undressed..
Russia clean
Manila
Sisal

75

...

Faints—Ld., wh.Ara.p.ire. 1n oil $ Id
Lead,wu., Atner.,pure dry
Elnc, wh.,Amer. dry. No. I
EJnc,wh.. Amer.,No.l,in oil
Paris white. Eng., gold.... # 100 ft.
BUTTER— (Wholesale Prices;—
Pails, good to choice State
?flb.
West’n creamery g’d to ch
“
Welsh,state.good topiime.... “
Western da.ry, fair to pr
"
State

Refined,pure

40

•

.

..

SALTPETRE—

North River shinmun.

APHE8-

V n>.

report under Cotton

HAY-

PRICES CURRENT
Pot, first sext

(Vet, XXVII.

SIlk*JE f£-CA5&X30&AT3&

2:>*

1
1 iO '

OP

2 In

2 £5
1 SO
1 45
1 40
2 10

SODA.
No.
The

11 .Old

Slip, New York.
Jobbing Trade ONLY Supplied.