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fiuntinV
xtmtk
HUNT'S MERCHANTS' MAGAZINE,
REPRESENIWG THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES
VOL.
NEW
15.
AJrertlaAnenU vill be pnbllahed nt 20 centa per
Hue for each luaertlon, space belns meaanred In afiate
U Hues to
B.
DANA &
CO., PPBLtsirBsa.
&
81
William
N. T.
St.,
INDEX TO ADVCRTISBITIENTS.
Faok.
KewTork Bankers
and Brokers. ...ITS, 4:4,475, 476 iiio
47a. 414, 475, 4iti. :.ca
Bankers In Foreign Bichange
Boston Bankers and Brokers
471
Priiladelpnta Bankers and Brokers
474
tlQuttiern Bankers and Brokers
474.473
Western Bankers and Brokers
471
,,
New
Loaus, luv'eetments,
Fiiinclal Notices
Railroads, Iron, «c
tunurance
«c
478,50:1
,
501,
SW,
Cotton
..
,
luscellonoeni C'U'iiuKsr&iiu CariU
e^**
For
BROAD STREET,
New
601
5U1
508
504
soa
Co.,
which
Taussig, Gempp
823 North Third
&
Gempp
Member
Lonls, ia».
St., St.
Taussig^
ISSTTE
Ensrarera of the U.S. Poataxe Stamps,
Bonds, liegal Xeuders, an<l
National Bank Notes.
Telegraphic Transfers of Money to and from Loadon, Paris, San Francisco, Havana, &c.
Current Accounts received on aucb terau aa
agreed upon.
in
lu the highest style of the art, with all modem Improvements ol value, with apeaial safeguards devised
by the company and patented, to prevent frauda by
photographic and other modes of counterfeiting and
AMERICA.
No. 28
A variety of Bank-Note and Bond Paper, of
H.
jr.
«
^-»
,
Kr
C^r\
(>V V..IU.,
Baxzr,
also Circular Letters of Credit for Travelers availsbl*
lu all parts of the World.
Demand and Time Bills of Exchange, payable In
Loudon and elaewbere, bought and aold at cvrrast
rates, also cable Transfers.
Demtind Drafts on Scotland and Ireland, aUo on
Canada, British Columbia and San Franclaoo. BUT*
Collected and other Banking Business transacted.
John PATON,
Francis Street,
St.
Gilbkrt Elliot,
Prea.
Cashier.
Collections made In all parts of Virginia and
Carolina, and remitted for promptly.
Nortb
Nsw York cobebbpohornt.
THE NATIONAL BANK OF COMMERCE.
3
A
VAN ANTWERP, Pres't.
PORTER, Tloe-Prea>t.
SHEPARO, Treaanrer.
laACDONOUUH,
Secretary.
O.
BARKRT.
0. H.
Barney,
BaTMOJJO.
BANKERS,
SCRIBE, PARIS.
RUE
S
iKsoe Travelers Credits available in all parts of
world.
Conrespondenta In thta Ctty,
MORTOy, BLISS &
Raymond &
STOCKS. GOLD, BONDS
oorhhission ihebchant,
Bongrht and Sold on Commlaalon.
Interest paid
on Deposits subject to rheok.
D.N.BARNET, ),„.,,,
{»P"='»'-
&
Co,,
STOCK BROKERS,
New
40. Wall Street
York.
Stocks and Bonds
BOUGHT AND SOLD ON COMMISSION.
Will pnrehaM
A. DBNIS'N WILLIAMS,
Member
FartlcnUr attentlOD RlTen to B«c«lTlag wtd foi.
irardtAg Kaila.
BARNEY,
A. D. Williams
cotton exchange bdilddjo,
Look Box 3S1
New Orlean
XXOHANGB, COTTON, BTO.
AND ALL OTHER
IT.
|
of the
J. P.
WILIAMS.
M«j|iber or the
York Stock Szchangu N. York Stock Kxcnang*
I
tlia
BROAD STREBT.
6c
Co.,
BANKERS,
S«
Co.
BECLTSITIE*
CO., 30
James Robb, King
r09TBB
BANKEBS AND BROKERS.
6 WALL STREET.
A. H.
Charles G, Johnsen,
X. D.
Agent.
W. Tucker & Co.,
James
OF NORFOI.K, VA.
superior
I
ou baud.
OFFICE, No. 1 TTAIiL STREET,
KKW YORK.
T. H.
A. n.
, ,...
The Mercantile Bank
H
J.
J.
ComraercJal Credits issued for use lu Europe, China,
Japan, the East and West Indies and South America,
RRT^OLDB,
nOBILE, ALA.
Wh.
48 trail Street.
ma, w. KIUiBS.
BANKERS,
pressions, without charge for repairs.
ijuallty, alvrays
JA8. O.
T^h/^c
l\/lill/=>f
X llUo. T*
X • XVlilld
alterations.
All eteel plates engraved and printed by this company are warranted to give thirty thousand good im-
UILLEB,
B. S. WIU.IA>1S,
mav be
Agency op the
BANK OF BRITISH NORTH
BANKING BUSINESS. CoU«o>
made on all accessible points.
D. F. WiLLCwr, Sec'y.
Rhosib Browkx, Prest.
GiO. W. DlLLIHeHAU, Treas.
N. T. Oorraspottdeat, Mesara. JOHN J.CISCO A SON.
fiNORivisa ASD PRijtTixa or Bimc-Noras, Cbbti.
FiOATSS, Drafts, State avo Rauboas Bokds,
Bii,Ls or EscHANOK, PosTAaa STAVpa, avd
COXXEECLAL PAfXBS,
CIRCULAR NOTES AND OIBCULAB
indies.
Home Insurance
__
& Co.,
New York City.
WORLu
Frankfort-on-natn
Transacts a General
__,
St.,
Letters of Credit, available and jmyable In all tlie
PRINCIPAL CITIES OF THE
special
; also
credits for nae in the United States, Canada and West
PANY
or
COLirniBITS, GEORGIA,
P.
gu,
DrCKINfcON,
N. Y. Stock Exchange.
No. II Nassau
BANKERS,
3,
Platt K. Dioxnraos,
Member N.T. Stock* Gold Excn
Co., Duncan, Sherman
8c
BANKERS,
THOS,
Bond*
How ABO C.
'.
IS59.)
Gold, atocka and
on Commission.
may be cheeked for at sight.
New York.
No. 33 Broad Street,
atrlctly
Otoxissoy,
J. B.
5Ions
(DiCOWOBATKD NOVEMBBK,
TORK.
Aocoonts received and Interest allowed on Batancoa,
&
BANKKRS.
o o
Company.
Secnrltlea,
bought and sold
Taussig, Fisher
Georgia
The National Bank-Note
aovcmment
Exohance Place,
Cor.
•
•
Salzhana No.
Financial.
York.
SpeJal.
Clnciunatl, "
'
M)l,90ie, 1)03
St.,
NEW
,
WrDiT£, Of
termai of Sabaerlptton see
Sth Page.
25 Broad
11 a nav/.-i ijobc Vl-e-Pn«.
,i c-i i no. wit
vi"viiil
J. 11.
H. HKwsoN.Late
4th Nat.
i- ni. .ia,
Bk, Cincinnati.
J. W. KiLBRKTii,
*'iLBp.KTii, Member N. r. Stock
Stoc" £xchange.
F.T.
Co.,
BANKERS,
BANKERS AND BROKERS,
No. 11
&
Dickinson
;
79
et<'ani«lilpa
Floanoial.
Hewson, Kilbreth & Co.
tho Inch Wtondennlte orders are given
lor tdree, six, or twelve moQttis, a very Ubei-al discount
will be made.
Advertlsetnenta will have a favorable place ;vhen
first inserted, but no promise of continuous publication
lu the best place can be given, as all advertisers must
have equal opportunities.
WM.
NO. 381
12, 1872.
Fiuauoial.
:^5ucrtiscment0.
•yix:,
OCTOBER
YOllK,
WALI. BTBXRT
Issne Letters ot Credit
Available In
all
fi»r
Travellers
part of Europe, ate through
CITY BANK,
HOTTINGVER 4c CO..
-
-
LONDON.
• PARIS-
Alao COMMERCIAL CREDITS and DRATT8 OS
LONDON, PARIS, and SCOTLAND.
ADVAJiCES made on Consignment*. STOCKS an<l
BONDd bOHCht and aold on Oommtefon.
Cam MANN &
Co.,
Bankers and Brokers,
8
Tranaaot a
Wall
Street,
New
York,
Okxbbal Baxkiso Bubisbsb. and kIt»
particular attention to the PUHCHASK AND SALB
OF GOVERNMENT, STATE AND itAlLliOAD SBCU.
RITIK6
tVDoVoalM reoolred imblMl to obeck M algkt.;
)
THE cmiONICLE.
474
Boston Bankers.
Foreign Fxohange-
& Co.,
Walker, Andrews
14 Wall Street,
&
Andrews
BOSTON, niASS.
igbubd, avaii.&bi.b in ali. pabts of
Morton, Bliss
& Co.,
Bankers, 30 Broad
St.,
EZOHANQE ON LONDON,
AND OTE£B CONTINSNTAI.
parts of
Tiew Tork
Parker
Morton, Rose & Co., London.
HOTTINGUER Sc Co., - - PaRIS.
&
Co.,
3S
Buy and
sell
ty
Available In
all
IVestern City
&
FooTB
B
T
l:
B K T,
aud Coun-
BOSTON.
Dealers in Gov rnineiit Secarities, •ola, State,
Coauty and Cliy ondct, al-o
STERLING EXCHANGE.
Orawa
&
>)y
Jay C"OKe & Co., on Jay Cooke, McCulloch
sums nd at daies to huIc.
Co., Lonluii, jn
COMMERCIAL Ciih^JITS AND ClltCi LAU LET{ l,S >1R TKaVEL .BiuB SSUrD,
available in
pa
all
ts
Co.,
government
BANKERS,
70 State Street, Boston.
Bills of
iBsae Circular Letters of Credit for Travelers on
GONSOL.IDATEO BANBL, I.ONDON,
AND ON
mrNROE & CO.,
PARIS.
EXCHANGE ON LONDON AND
Bowles Brothers
PARIS.
&
Directors.
ASHER AYERS,
LAWTON,
B. L. WILLINGHAM,
JACKSON DeLOACH, (Dece'd.)
City
AND
Bank
Capital
V
LONDON.
Robert Benson Sc Co.,
jnuuroe Sc Co.
AND
Marcuard, Andre A
.
WM.
P.
WILLLAM STREET,
^PARIS
Co.,
)
Circular Notes available for Travelers in all parts af
Europe and the East.
Phil ^deipma B<tnicers.
MJamisokSlCo.
ISSUE
Exchange on Paris and the Union Bank ot London, In
sums to suit.
Sabscription agents for Tile Cubohiolb in Paris.
Williams & Guion,
63 W^all Street, New York.
TUAVELEBS and COMMERCIAL CREDITS ISavailable in all parts of Europe, &c. BILLS
OF EXCHANGE drawn in sums to suit purchasers;
SUED,
caole transfers.
Country BauKers can be supplied with Bills of Exchange in larte or small auiuuuts, on the principal
cities of Kurope also with Tickets for Passage from,
or to Europe, by the liUlON LiJ^K of Mall bteauiers.
PHIIiADEIiPniA.
TraiAact a general Baakint; aim EzctiantrebaslnesB
iQOladtng Purchase and Sale of Stocks, Bonds. Gold
E.
Colon
Co.,
ic Co.,
Liverpool.
Tapscott, Bros.
86
SOUTH STREET,
NEW
&
Co.,
on
Orders for Government Bonus, Stocks and Alerchanexecuted, aud Foreign Exchange and Drafts
bought.
dise
Kountze Brothers,
WaU
Street, N.
Co.,
Stock, Note, and Gold Brokers.
Austin & Oberge,
'
No.
818
WALNUT
STREET,
Vi06-Pre»'t.
AUGUSTA, QA.
cionmissioN stock brokers.
X.
CHABLB8
BELL AUSTIN.
H. OBBBCIi:.
$300,000
Special attention paid to Collections.
W. Wheatley &
J.
Co.,
BANKERS AND BHOEEliS.
Do
a general banking business. Cotton purchased
on order. Collections made and promptly remitted
tor.
New York Correspondeats— Messrs. Wm.
bouthera Baokers.
SIGHT BILLS ON THE UNION
BANK OF LONDON.
Gold and Currency Balances.
Negotiate Urst-cisos Securities.
)Uk«V»bl«XnBaXfi«betveeBK«wY rkmdI.9Bd9B
.
STOCK AND BOND BROKER
Georgia
AND RAILROAD SECURITIES O*
GEORGIA AND ALABAMA A Specialty. Prompt
STATE, CITY
attention given to COLLECTIONS, both in Columbus
and points in connection. Will purchase or sell staple
articles of Merchandise in wholesale lota.
Second National Bank,
TITUSTILLE, PENN.,
Capital
.
.
Special atti5utlon given to conslf^nments of Cotton.
Gold, Slocks, Bonds and Foreign and Domestic
Kxchange, bought and sold.
Collections promptly remitted for
Oraers solicited for the purchase oi Srtles of Prodace
and Securities. Prompt attention guaranteed.
Mew Tork Correapondencs Lawbenoi Bbos.*
:
.
.
»300,0€0
RYnR.
riTAS HYTIE
Cashier.
Pres't.
G. p. Curry,
Exchange Bank, Augusta, Ga.
Southern Securities of every description,
;
State, City
&
viz.;
Un
Railroad Stocks
Bonds and Coupons.
ail parts of this State and
fjr Collections made
South Carolina, and remitted for on day of collection
at c urrent ra te of New York Exchange.
&
Hazlehurst,
BANKERS AND BROKERS,
BANK BR, factor AND
Merchant,
-
Deposited with U. S. Treasurer to secure Circulation
and Deposits SUO.OOU.
Edward C. Anderson, Jr.
Cubbedge
Commission
Bryce
H. Castleman,
current Bank Notes
PBAW TIME AND
daily
......
Cash Capital,
C,
Savannah, Ga.
Far Int«rMt on
Jos. s. Bean
Cash-r.
T. P. Branch,
Merchants & Planters
NATIONAIi BANK,
INTKHKST ALLOWKD ON DEPOSITS.
J,
_
PRESCOTT, GROTE & CO., Bankers, London.
W. TAPSCOTT & CO., Old Hall, Liverpool.
Bankers, la
W. Cl/rk &
BANKERS,
'
Issue Sterling Exchange and demand notes in sums
to suit purchasers, payaule in all parts of Ureat Britain
and Ireland, and available for the Continent of Europe
Messrs.
Assistant Cashier.
N.Y. Correspondent— Importers and Traders Natlona
Rauk.
Philadelphia.
TORK.
tlOO.OOO
Colnmbns,
Philadelphia and Dnlntlt.
DEALERS IS GOVE iN ME ST SECURITIES.
AUVANCliS MAD.> UPON CONSIUNMENTS OF
&
on CommiBslon
•-to.
COTl'O^i, and other Produce to Ourselves or Correspoudeuts.
8. Petrle
London.
•
.
<M30;
BANKEKS.
;
Alex.
.
AnERlCUS. GA.
N. T.,
Credits for Travelers In Europe,
ftlso
Pres't.
ARMSTRONG, Cashier.
JNo. W. LuVE,
PARIS, LONDON, BOSTON.
19
Lawton,
JAS. ISBBLL. of Talladega, President.
Pres't.
1
J.
ALABAitlA.
The City Bank
Chas. J. Jenkins,
on
Credits Issued
Co.,
Oif
Exchange, and Commercial and Travelers'
Tbe
W.
M. Farbab. Cashier.
S.
OF SELnA.
securities,
Page, Richardson & Co.,
New Tork.
all
W. J.
J. S. SCHOFIELD,
BOSTON.
in
on
Particular attention given to Collections
QGCessible points, and prompt returns made.
STATE
&
Brewster, Sweet
Co.,
BANKERS.
No. 8 Wall Street,
Planters' Banking Co.,
mACON, GEORGIA.
of Europe.
Qol d, State, City, County and Railroad Bonds.
John Munroe &
Collections attended to with precision and dispatch,
and remitted for on day of payment.
The Collection paper for all this State and Florida can
be concentrated at this point with great advantage.
free of charge,
TRANSACTS A GENERAL BANKING BUSINESS.
BANKERS,
jdbalers
parts ot the world.
Trust
$1,000,000
INCORPORATED UNDER STATE CHARTER.
French,
No. 7 Congress Street,
STREET,
I'ravelera CredltN
&
SAVANNAH, GEORGIA.
Cobb,
bonds^
Co.,
ISSUE
Commercial and
DuDUEY Hubbard, Cashier.
COLLECTIONS made in ALL PARTS of the STATE
New York Correspondent—Fourth National Bank
Pald-Vp Capital,
&
BANKERS,
&
Brown Brothers
G. M. Parker, Vlce-Pres.
Savannah Bank
Amsterdam.
- - -
NO. 59 WAIiEi
PABIs',
Pres.,
ClTIia OV EUBOFE.
DEVONSHIKU
BOSTON,
8ANKEIJ3.
Negotiate First-Class Railway, City
and State Loans; Make Telegraphic
Transfers of Money ; Allow Interest
on Deposits, and draw Exchange on
thb wobu>.
Office, 45 W^all Street.
Commer-
the World.
KoPE
$600,000
Charles Hopkins,
Company,
N. Y.
Issue Circular Notes and Letters of
all
ALABAMA.
inOBILE,
Intzstucnt Seocbitigs and Qold.
Commercial anil Travelers' Credits and Franc Exchange on PARIS.
Railway and other LOANS negotiated. Stocks and
Donds de^lt In uu Commission.
Intere-tt on deposits.
cial Credits available in
Gt£>AlMERCI A
OoxmntoiAi. AND CiRcmJi.R Lkttzbs or CBxsrr
CIRCULAR NOTtS A"D BTERLINO KXCHANQB
On Union Bank of Ijondon.
also
NATIONAL
L B A N K,
Co.,
Capital,
rBAVEI.ERS> CREDITS.
'"i
Southern Bankers.
&
Kidder, Peabody
New York.
Co., Paris.
Credit for Travelers;
[October 12, 1872.
MACON GA.
Ma^e
and do a General Banking and
Brokerage Business.
Collectionn
RKKBK to EAST RTVBR NATIONAL BANK.
W. M.
F. Hewson,
STOCK RBOKER,
Otace No. 21 West Third Street, Cincinnati. Ohio.
Keler to : All Cincinnati Basks, and Messrs. IiOCK.
ffOOD & Co., New York.
:
IPotober
THE CHRONICLE.
1872
12,
Bonihem Banker*.
Southern Bankers.
BANKER,
OF
AND DEALER
OKI.BA.NS.
FOUKCHY, Prcsldeut,
ALBERT BALDWIN, Vice Prosldeut,
JOSKPH MITCHKL, CMhler.
Capital.. $500,000 Limit. ..$1,000,000
York Exchange, which always
£x
t^ Quolatiotuq/ Southern SecurUiet Urued weekly.
Bank
A. K. Walkxb, Cashier
PreBldont.
UriLiniNGTON, N.
made on
Oollectlons
Particular attontiou Riven to ColIectloDs, both in
the City and all points la conncctlun with It. Prompt
returns made at best rateit of Kxchaugc aud uo charge
niaau, excepting that actually nald upon any distaul
point. Correspuudeuee solicited.
YOKK. COURK8POVDENT,
NINTH NATIONAL BANK.
John A. Klxih,
&
GAI.VB9TON.
-...•.C
Flowbbrbb. Gbo. M. Klkih
Vice-President.
Cashier
Valley Bank.
Mississippi
vicKSBCRG,
McMahan &
The Bank
of California,
Foreign and Domestic Exthange,
and relibhie correspundcnts at
Capital Pald-Vp
-
-
all
Ihe principal points throughont this S'ate, and upon
payable in bis City or Houstoii, maice
DO charge lor colleecin^, and uuly actual charge upon
Interior collections. Immediate and prompt atkcnllou
given to all basiness entmsted tons. Iteler to .Nai.
Park Bank, liowes & Macy.anu Spoll'ord Tileston &
Nat. Bank, Boston, Pike Lepeyre & Bro.,
Co„ N. y.,
,
Pbiia.
D. O. MILLS, President.
Texas.
.
$6,000,000
-
W. C. RALSTON, Cashier
SECRETARY—C. J. Worth.
Accounts opened with approved American and other
Foreign Finns or Banks, at snch moderate rates of
CoDUnission as stiall be considered consistent with
Bound nintuai advantage.
The Interest upon snch
accounts Is calculated at cnrrcnt rates on dally bal-
IN
NEW
YORK, Mbsses. LEES & WALLER,
No. 33 PINE BREET,
MARCUARD, ANDRE
Travelers' Credits
«s
CO
This
Bank Issues
Wilson,
on the ORIENTAL BANK CORPORATION,
BRYAN, TaXAS.
BASSfiXT & UASSBTT,
EXCHANGE PLACE, NEW YORK.
Special attention given to the neaotlatlon of
STATE,
CITY
and otber
bills
LONDON
EXCHANGE FOR SALE ON THE
ATLANTIC CITIES,
London, Dublin,
Paris, Amsterdam,
AI.8O,
Correspondents: Houston— First National Bauli
Qrtlveaton— Ball, Hutchlnifs & Co; New Orleans— Pike,
Brother & Co. New York— Uum-an, Sherman & oo.
;
J. 0.
C. R. Johns
&
cities,
ON
J.
Co.,
TEXASBANKING
LAND AOBNOY
& EXCHANGE.
ACJ8TIN, TEXAS.
Purchase aud sell real estate, pay taxes and adjust
Fities, proHecut<^ Ltiiul iinil uiaiiey claims atfalnst the
State aud Federal Governments; make collections
Receive deposits and exccuie Trusts.
GiLMORE, DUNLAP
108
A:
&
110 Weat Foartii Mreet.
and remitted
MADE
tor
on day
ol
stall
acceesltxe
payment.
BANKERS,
FURSAXiS
liOBT,
I
*
Trice,
Fort
&
|
SAFE INVESTMENT
of
Commerce,
No. 26 Excbanse Place,
Biy and
Sell
Sterling Exchange,
and draw ob Ih*
BANK OF SCOTLAND, LONDON.
AlK) transact
olhei banking business, and give particular attentloB
to conversions of gold and cu rrency, P. O. Box
MM
W.
B. Shattuck
&
Co.,
GIOSSI W. JaOKBON,
Late Cashier 1st M at. Bank
Oalllpolis, O
Jackson,
KaPKHKNOKS AND COBURSPoNDKNOH;~NeW York
Wlnsluw, Lanier & Co,, David Dows &. Co. Cincin-
Kirst National Bank, ivlerchants National Bank.
Orleans: Louisiana National Bank, Wbelesst ft
Pratt, Baokers. Galvestoa 1 T. U, M«M»baa « Co.
Eastern
Capital.
MONKT LOANED FOR EASTERN PASTIES ON
IinPROVED FARmS.
Ten per cent Interest
(clear
from
all
expenses) paid
wherever desired.
Mobbis,
>
IiiUHOiB,
i
B«
SANFORD,
Attorney and Solicitor
:
References glrea to prtmlseat persona in any laige
(fttyla(b«
Uuoa.
New ITork,
SIGHT AND TIME BILLS
ON TBB
N«. 23 Nassau Street,
DRAW
Co.
'^ANKKKS,
New
H. Goadby,
BANKERS,
WACO, TEXAS.
nati
Bank
klniU ot
CHECKS ON LONDON AND PARIS
TBKMINUS OF CKN IKAL RAILROAD
Corslcana, Texas.
New York Correspondent.
Morton, Bliss &
&
Canadian
Co.,
CINCINNATI, OHIO.
OeslsrelB GOLD, SILVER and all
BOVERNffllEN r BONDS.
COLLECTIONS
Securities.
AGENTS FOR THB
Adams & Leonard,
Late Fort
J.
Ports.
points
M.A.
G. Harper
KIBBT,
W. TON BOBifiNBCRe
S7BBATT,
Government
Also, Foreign Exchange bought and sold.
Tbe Brancbes of tbe Oriental Bank
at HonK Kous, aud other Asiatic
Breuham, Texas.
JOHNH,
O. R.
F.
Bassett, AUy*« at l^aiv,
CORPORATE LOANS.
As Members of the Stock Exchange, we buy and sell
Stocks, Bonds, GK)ld and
Hamburg, Bremen,
and other leading European
BANREKS.
Brenliani) 'I'exas.
&
Hatch, Vice-Pres.
Cashier
BANKERS,
38
Letters of Credit available for the
Japan, Australia, and other countries, authorizing
Collections made and promptly remitted for current
rate of exchauge. Correspondents
M^Bsrs. W. P. CONVKttoh. A CO., New York.
Sayles
»lii.o
Kbtouuu
Henry F. Verhuven & Co.
(SuccesaorB to H. M. Moire,
;
June and 81st Decem-
encashed when Issued by Clients, and every description
of general Banking Business transacted. The Offlcera
and Clerks of the Bank are pledged not to disclose the
transactions of any of Its customers.
purchase of Merchandise In the East Indies, China,
Cashier.
RANK£RS,
90th
RAILROAD,
Burke, Cor. Eunls, W, M. Kice, O. S. Longcope.
BBNJ . A. B0TT8, President.
&
made up on the
Is
EDMt7Ni>
:
Moore
Esq., Chalrmao.
Henry VIgurs East, Esq., Joaquin De Mancha, Esq;
John Hac^block, Esq..
William Siinpeon, F^sq.,
Andrew L wrle, Esq.,
Jonathan Thorp, bsq.,
Robert Lloyd. Esq.,
James F. Vanuer, Esq.,
Wiu.McArthur, Esq^M.P., George Young, Esq.
CuLS. Gbeeh, President,
IN PARIS, Mbbbxb.
We
give special attention to collections on all accessible points.
UlKECioKS W. J. Hutchlns, P. W. Gray, A. J.
WEEMS.
DIRECTOBB:
IN LONDON, THE ORUNTAL BANK CORPORA
TION, 40 THREADNEEDLE STREET,
Capital, :$500,000.
B. F.
500,000
130,000
-
•
John Jones,
AGENTS.
THE CITY BANK OF HOUSTON,
Houston,
Fund
Demand Cheques and Exchange honored against
approved previous or slmnltaneons HcniittAiices.
Credits opened against First-class Secnrltles nt-Kotlable
In London.
Mercantile and Marginal Credits are
Issued, as also Letters of Credit upon any leading
Commercial City.
all collections
* Co
Reserved
ber In each year.
SAN FRANCISCO.
Co.,
GAIiVESTON, Texas.
M
£1,000,000
-
Shares of iao each).
Paid-up Capital (ISO,000
ances, and
COK. CALIFORNIA & SANSOME STS.,
Bankers,
Dreiel
Subacrlbed Capital
Wm. McNaugiitan, Esq.,
Western Bankers.
M38,000
any charge except customary rates ot exchange.
O.,
Hill.
MANAGES—Alfred Oeorge Kennedy.
miss..
WalllB, F. H.
J.
Special attention tfiven to collections at all points
and remittances promptly made, witbout
N.
»Ludgate
'No.
N. Y. Correspondent:— B^Btc of the Manhattan Co.
In tite Statu,
We have prompt
OFFICES,
Ins.,
Lubljock.M. t^ulQ, K. S. JemlBon, M.W.Baker, Leon
Mum, Ueo. Bcunelder, K. 8. WUUs, T. A. Gary, W. B.
Wall, Uob't. Mills, T. J. U. Anderson.
Dealers In
needle Street.
No. atold Bond Street,
NoB. \yi& I6U Tottenham Court Road,
c.
A BANK OF DISCOUNT AND DEPOSIT,
WALLI8, Vlce*PreB't.,
alpuonsb i.autk, CashUi
Caali Capital,
DUiKUToT.S: .). M. Brandon,
And
[(Comer of Finch Lane), Thread-
HEAD OFFICE
BRANCH
parts ol the United States.
ill
C. C.
Preslaent.
J. o.
Texas Banking
Bank,
National
First
J05TES, Cashier.
T. H.
UH
ING OK LABi )I{.
JAS. N. BEA»LK8. Vlco-PreBldent.
o. liAUTK, secretary,
paya-
South Carolina. Nortii Carolina and Georgia can
be concentrated at this point with PROFIT and SAV-
NKIV ORI^BANS, I40U1SIANA.
Pros't.,
par dar-
ble In
E. B. BcBBUSS, Free'C.
H.BRANDON,
A.D.
t-T' All business attended to with fidelity and despatch.
N. O. National
KSW
BELOW
rules
t»-NOTKS, DKAFIS and ACCEPTANCES
lotitlier parts of tlic
Copt sucfi as may bo actually paid.
RICUAKD
INCORFOBATKO BY ROYAL CIIARTEK,
ing the active business season.
CoUectloim In ttiU city uuU
United Status, free of charge ex
JBSSE K. BELL,
C.
COLLECTIONS receive the SPECIAL and PEltSONAL attentior of this House. Retnrnsraade KAITHKULLV and PUO.vil'TLY in New
|
current ratei of
LONDON, ENGLAND.
BECITKITIKS,
8.
W- SOUTHERN
strict uttentiuii Kivcu to
tlio
SOUTHERN
IN
CHARLESTON,
P.
Returns promptly made at
cbaago of the day.
Financial.
Kaufman, The City Bank,
A. C.
Mutual National Bank,
NKW
475
CNION BANK OF LONDON
AND
NEGOTIATE FKST-CLASS RAILROAD AND
MUNICIPAL BONDS.
Samuel A. Gaylord & Co,
BROKERS IN WESTERN SECURITIES,
NEW YORK.
S3 Wall Street,
AND
%%i NorUk Tbtrd
St.,
ST. LOVIK.
[October 1^, 13:
THE CHRONICLE.
476
& W.
B.
I.
EXTENSION
Financial.
Financial,
Financial.
THE INDIANA
TRAFFIC
BAII-^VATf
AND
First Mortgage
GUARANTEE
7 Per Cent Convertible
Redemption Bonds.
COMPANY'S
Mortgage
First
Cent Gold Bonds.
7 Per
$3,500,000.
AND INTEREST,
90
Central Railv/ay
Illinois
AND
Gold Bonds,
AT
2,
Gold Interest. Mortgage
This la an EAST and WEST ROAD, RUNNING OK
$15,000 per Mile. Completed and THE m-u PARALLEL, FROM INDIANAPOLIS
Issued by the Indianapolis, Bloomington and IVestcrn Hallway to aid in Fully Equipped Railway, 228 miles IND., TO DECATUR, ILL., 152 miles through the
building its EXTENSION line West, in a direct
Iiong, entirely wltbln tbe State of richest agricultural and mineral country of both States
Mississline from Champaign (185 miles) to the
First Mortgage, Sinking and conuecllug at termini with the QREA'l
White Illinois.
ippi Eiver at Keokuk, and a branch from
Heath (32 miles) to Decalar, all in the State of Fund Gold Bonds of the Springfield THROUGH ROUTES to the East and West.
T per cent
;
i
first and
Illinois. The Bonds are secured by a
ouly mortgage on the EXTENSION, now being
rapidly constracted in the most thorough manner
by able and experienced contractors, who represent
ena capital of several millions of dollars, which
sures the last rail being laid at an early date.
About 60 miles are already finished, and 110
217 miles, will be
have been connected
and entirely familiar with the I. B. & W. Railway
from its early organization. It was completed in
the autumn of 1670, and has developed rapidly
into a successful and wea'.thy corporation, having
miles graded; the whole line,
completed early in
1873.
the heart of
position In
the BEST
counties on
PORTION OF THE COUNTRY. The
the line of the EXTENSION in 1870 had a population of 242,330; valuation of real and personal
estate, $181,000,000; bushels of grain raised,
2T, 000, 000 ; value of farm products, $25,570,000, aud live stock $18,349,000, to
which may safely bo added 15 PER CENT, to reAND
present the PRESENT POPULATION
VALUE. The counties on the old line and the
EXTENSION together contain a population of
NEARLY THREE QUARTERS OP A MILLIO.\\
and a property valuation exceeding $400,000,000.
From
these statistics
EXTENSION
the
that will
make
addition to this
TRAFFIC of
a
will
it
the
it
will
;
THROUGH
IOWA AND
MISSOURI,
connecting with it on the Mis
eissippi River, and extending West to the Missouri
300 miles, where it connects with the MIDLAND
PACIFIC in Nebraska. These two corporations, and
AND ROCK ISLAND, (91
DAVENPORT & ST. PALL, (300
PEORLA.
also the
miles.)
TON AND WESTERN RAILWAY, and practically
will be a united line of more than 1200 miles, the
through business of which will pass over the I. B
& W. This is an tlAST and WEST TRUNK
ROUTE, and has NO PARALLEL COMPETING
LINE. The Eastern connections at Indianapolis
the
We
respectfully invite the attention of
ists to this
security as a particularly safe
PENNSYLVANIA CENTRAL, BALTI-
all capital-
aud desirable
one.
POPLLAR LINE
furnished
full particulars
by UB on written or personal application.
accrued interest in currency.
This Hoad
is
finished,
and passes through the celebrated Block Coal Fields
of Parke County.
JONES & SCHUTUER,
The bonds are
$1,000 each,
CONVERTIBLE
into
stock at par, at the option of the holder, and may
be registered free of charge.
Coupons payable January and July 1, free of
tax.
New York,
No. 12 Pine Street,
Convertible
and
RECOMMEND THEM STRONGLY to our fri, nds
and investors as one of the SAFEST AND MOST
DESIRABLE SECURITIES
Bonds delivered
on the market
free of express charges.
M tps
Pamphlets aud Circulars f ornisUed on appKcat on!
TURNER BROTHERS,
Bankers,
]f«
14 Naatan street
FENDED
7
PER CENT MORTGAGE BOND
for sale on
one of the great roads running from New York
Citj'— on the third largest road in New York StateThe most desirable bond of all the Midland Issue?,
affording the lai'geat income and promising the
greatest profit.
IPrlce,
We
85
and
Upwards
STEPHENS &
CO.,
and individuals along the
with nndoubted
Interest,
Seenrlty,
"We are investing for eastern parties many thoHBanda
of dollars per month, on Improved property In Illinois
TTILSON & TOMS,
&
School Bonds,
Bloomlngton,
Illinois.
& Hannaman,
BROKERS
AND INTESTINC AGENTS,
mVlAHATOhia, INDIANA.
Choice Ten Per Cent lnve«tme«ta at and belo» par.
Financial
Laws and Forms of Ui'DIANA tent
s. T. DjkTioNAi.
but chiefly by wealthy
;
OF Chicago.
$1,000 each, payable in 80 years, principal
and
Oovernment Tax. Sinking
Oolil,fret of
Earnings.
and accrued Interest by the Financial
Agents of the Company, (of whom pamphlets a;.d 1;.-
For
sale at 90
may
be obtained.)
TTALKER, ANDRE"WS &
CO.,
14 "Wall Street.
Houston & Texas Central Railway Co.'s
Land Grant Slnkins
First IHortgase
Fund
Cent Gold Bonds,
90 AND ACCRUED INTEREST IN CURRENCY.
Yielding Abont Nine Per Cent on tbe
Investment.
E.
DODGE,
of
New
York, President.
SHEPHfcRD KNAPP and WILLIAM WALTER
PHELPS, Trustees for Bondholders.
Principal and interest payable In Gold at the Nat'onal
City Bank, New York. We confidently assure iuveators
that these bonds are first-class, in every respect, and
we recommend them as an entirely safe investment.
All securities taken at Board prices in exchange. Circulars and information may be obtained at our otUce.
JOHN
J.
CISCO
No. 59 TVall
dc
St^,
SON,
New
York.
Investment Securities.
Address
Dealers In Real Estate Securities
Smith
line,
among whom are W. H. GUION, (of WILLIAMS & OUION.) SIDNEY DILLON. JAY COOKE
& CO., CLARK, DODGE * CO., J. & W. SELIGMAN,
VIBBARD, FOOTE & CO., and PAUL S. FORBES, OF
New Yoek BENJ. E. BATES, OF BosTOS HENRY
LEWIS, OF PaiLADELPHrA, and GEO. MJ^ULLMAN,
capitalists,
WILLIAM
Ten Per Cent
more
AT
Bankers,
SOLE AGENTS FOR THIS LOAN,
25 Fine Street*
necessary Intormatlon.
TWO MILLIONS OF DOLLARS
of
arc pledged to the enterprise, partly by counties, towns
7 Per
years.
ALLBICy
Fifty-flve miles
In 1873.
Interest.
them one of
the safest and most
profitable investments offered in this market for
believe
and In operation.
more, completing the Western Division, Decatur to
the Coal Fields, will be completed this fall and the
Fund 2X per cent, on Gross
BONDS.
J,(XX)
owns, also,
Farming lands.
IN CASH HAS BEEN ALREADY EX
ON THIS ROAD, of which 30 miles in
11,400,000
f ormation
A
It
90,000 acres of
Bonds
MIDLAND
COMPANT OWNS
ACRES OF BLOCK COAL LANDS.
interest in
The Bunds may now be had from Banks
and Bankers throughout the country.
We offer them at present at 90 and interen
BLOCK COAL FIELD
Indiana, in which the
;
and business. Liberal wortli, in every Instance, three times the sum loaned.
Cor securities are very profitable and popular, and are
Subscriptions to the Stock were made by Towns considered the safest offered. We will loan any sum
and Ciinnties on the Line of the EXTENSION you may desire to Invest, be 'it large or small. We cao
refer to parties for whom we have loaned large
and the remainder has been taken by EXPERIENC- amounts of money, who have never lost a dollar of
ED RAILROAD MEN and EASTERN CAPITAL- either principal or Interest in this class of securities
during thetlast fourteen years. Send for our book,
ISTS.
These facts cannot fail to make the BONDS, which " Illinois as a Place of Investment," which contains all
be issued only on COMPLETED KOAD, take
high rank among the best Railway Securities
and passes through the best part of the
rich
whole road
We also l.ave for sale a limited number of the FIRST
MORTGAGE 8 PER CENT GOLD BONDS OF THE
LOOANSPORT, CRAWFORDSVILLE AND SOUTHWESTERN RAILWAY OF INDIANA at 97H and
for travel
will
only East and West Road in a belt averaging
Illinois are flnlshed
Pamphlets and Maps with
MORE & OHIO, BELLEFONTAINE, LAKE
SHORE AND NEW YORK CENTRAL, and other
roads centreing at this point. From the Seaboard
distances
to
the West and Northwest
are
MATERIALLY REDUCED via this system of
Roads ; so much so that it cannot fail to be the
It Is the
SO miles wide,
of
PRICE, 90 Sc ACCRUED INTEREST.
miles,)
although separate corporations, are controlled in
the interest of the INDIANAPOLIS, BLOOMING-
are
In New^ York.
have the entire
NEBRiVSKA EOAD,
and tho
Company
be readily seen that
have a LOCAL BUSINESS
COMPLETE SUCCESS in
will
it
Trust
We
a large revenue from its largely increasing business. With the EXTENSION it will be one corporation, with 420 miles of road located in a com-
mau-iing
and II.I<INOIS Southeastern Rallw^ay, Interest payable February and
August, Free of Government Tax, at
the Office of the Fanners' Loan and
free.
£^CHA»<» Bank, CorrMPondent.
MORRIS AND ESSEX RB. 1st Mortgage 7s.
ELIZABETH CITY 7s.
ST. JOSEPH CITY (Mo.) BRIDGE lOs.
MOBILE AND OHIO RB. 1st Mortgage 8a.
NEW YORK AND OSWEGO 1st Mort. Gold 7».
MONTCLAIR RR. 1st Mortgage Gold 78.
DAN., URBANA * BLOOM'GTON iBt. Mort.
Gold
7»
NEW YORK AND OSWEGO Convertible 7s.
NEW JERSEY MIDLAND 1st Mort. Gold 7».
BROOKLYN CITY
6s
and
Ts.
Foe Sals Bt
VTLET
4c
BOTTEN,
4
WaU
Street.
:
xmult
HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
VOL.
SATURDAY. OCTOBER
]5.
CONTF^3T8.
Gold Export and the Scarcity of
Five TwentieB
The Finances
of
the Indemnity Money
How Strikes Consume Capital...
The Bank Deputation and the
Treasury Sales of Gold
Sailroad Earnings for September, and from Jan. 1 to Oct. 31
is
The Condition
of
car Wool-
Growers
477
Germany and
481
48J
Current Topics
Changes in the Redeeming
Agertsof National Banks
Latest Monetary and Commercial
478
479
English
4S0
483
News
484
Commercial and Miscellaneous
News
481
486
THE BAHKBRS' GAZETTE AND RAILWAY MONITOR.
Money Market, Railway
Stocks,
U. S. Securities, Gold Market,
Foreign Exchange,
I
I
New York
I
National Banks, etc
Quotations of Stocks and Bonds
Railway News
486
489
490
City Bank8,PhiladelphiaBanks
THE COMMEKOIAL TIMES.
493
Breaastnfis
498
1
Groceries
®l)c
498
499
Prices Current
€l)rontcU.
The Commercial and Financial Chronicle is issued
day morning, with
the latest
news up
on Saturmidnight oj Friday.
to
drain, there is
will
sterling. With a prospect of a further
little
doubt that that institution
make, some provision
making, or
is
for its increase to a
more
ade-
quate level.
must, however, be born* in
It
Continental Europe
reserves.
The
have
mind
that the banks of
been increasing their coin
all
by
specie and bullion held
the banks, accord-
September 21,
ing to the Calg Libre, of Brussels, were in
Bank of England
Bank of France
Bank of Prussia
Bank of Frankfort
Bank of Belgium
Bank of Austria
TZEH8 OF SUBSCBIPTIOir-FAYABLS IK ADVAHCB.
and mailed
Bank of England reserve
probable, and as the
20 millions
Total
BPEOIB
Tbb Commkrciai, and Financial Chronicle,
to city Buhscrlbers,
to
497
414iDryGoods
|
down
381.
1871, and the corresponding date of this year, as follows
gPBCIS Ain> BULLION (EPTEKBER 21, 1871.
|
Commercial Epitome
Cotton
more
this side
THE OHEONICLK.
NO.
12, 1872.
delivered by carrier
lo all others (exclusive of postage).
For One Year
$10 00
ForSiiMonths
6 00
T/u Chbonicls will be tent to subscribers until ordered discontinued hy letter.
is \0 cents per year, nnd is p liil bv the subscriber at Ms ow" vost-oMce.
WTLLIAM B. DANA,
WILLIAM B. DANA & CO., Pnbllshers,
JOHM a. FLOYD, JR. f
79 and 81 William Street, NEW YORK.
Post OrFici; Box 4,594.
Sabscrlptions and Advertisements will be taken in London at the office of
the Chronicle, No. 5 Austin Friiirs. Old Broad street, at the following rates
Annual Subscription (Including postage to Great Britain)
£2 2s.
"
"
"
Half-Yearly "
..
15s.
Postage
1
Francs.
Dollars.
692 000,000
118,400,000
608,000,000
121,600,000
625,000,000
105,000.000
Total
8,800,000
90,000000
18,000.000
322,000,000
64,400,000
2.181 ,000,000
436,200,000
AND BULLION SKPTESIBEB
Bank Of England
Bankof France
Bank Of Prussia
Bank of Frankfort
Bankof Belgium
Bank of Austria
44,000,000
21, 1872.
641,000,000
108.200,000
781.000,000
160,200,000
633.000,000
126,600,000
60,000,000
10,000,000
136,000,000
55,200,000
825,000,000
65,000,000
2,456,000,COO
491,200,OCO
:
Advertisements. 9d. per line each insertion
insertions, a liberal discount is allowed.
;
if
ordered for five or more
The Publishers cannot be responsible for Remittances unless made by
_ _
Drafts or Post-OIHce Money Orders.
A neat file for holding current numbers of the Chronicle is sold at the
office for 50 cents. Volumes bound for subscribers at $1 25. The first and
second volumes of the Chronicle are wanted by the publishers.
K^
The increase is $55,000,000, all on the Continent, Ihe loss
Bank of England having been conside'-ably enlarged
during the past three weeks, so that some effective addition
of the
to its reserves
is
now
I'irg
Among
the questions which are just
attract discussion
one
is
and another the reported scarcity
especially the
five-twenties.
related, as both
now beginning
much
to
the anticipated shipment of gold,
of
government bonds
These questions are closely
bonds and gold play a prominent part
in
financial
dent,
influence
And
and
as
gain
they
a few
still
occasional
of course are adverse to a decline
clique,
who
for
bears in stocks.
short,
In
decline in stocks.
it
if
bulls in gold
and
the prominent advocates of these
that their arguments
Our
confi-
Their views
old doctrine of the
opinions were not personally so unpopular
ing a large proportion are held abroad.
command
be
gold and in favor of a
the
some time past have been
And
to
converts.
in
is
appear
the adjustment of the foreign exchanges'; while of the aggre-
outstand-
are discus.
though their views do not
yet,
gate of 800 millions of coupon five-twenties
now
men
the probable elTeets of an export of coin on the price of
gold and stocks.
GOLD EXPORT AND TUB SCARCITY OP FIVE-TWENTIES.
indispensable.
some of our
In this anticipation
it is
not unlikely
would have greater weight with the
public.
V, is probable that some such anticipation of higher
drawn away Jrom us by the advance prices for gold, and consequently of five-twenties, may have
of the Bank of England rate to six per cent, on Thursday. conduced to lessen the arxiount of bonds offered on WednesThis movement was not unexpected, though, as we stated day. The proposals covered an aggregate of only $1 ,223,300
last week, it is scarcely believed that the rate in the open at 11 2.37® 112.99, which were all hbove the average of
market will follow the Bank rate, and in this case the sus- gold, and consequently none were purchased. But to account
taining of the latter will be a task of some difficulty, and in for this, there is no n«cessity to resort to the hypothe-'is
all probability there will be an early reduction.
We are that bonds are scarce for the purchase of the extra five
leading bankers do not seem to anticipate that
much
foreign capital will be
;
not sure that our foreign bankers are right, but they usually
are so, and their purchases of bonds here during the last
millions of bonds
on Monday
on Wednesday.
aufliciently accounts for the
And
at any rate the scarcity,
small offers
day or two show that they have some confidence in their ifit exist, is likely to be temporary, and will be supplied
own opinions. Still, the stiffening of foreign exchange tends without difficulty, for the supply is larger than is in some
with other circumstances to make an expoit of coin from quarters supposed. Not to mention other sources there are
:
THE CHRONICLE.
478
Washington, 101 millions of
by the Treasury as
}n
:
wenties, held
tion of the National Banks, as
shown
is
coupon
registered
five-
security for the circula
in
the following
De found very useful to those persons who
anxious to investigate the much agitated questions
which
table,
are
will
TATEMXNT OF BONDS HELD BT THE TBEASCREH OP THE tTNITEB STATES TO
SECURE CIRCULATION Or NATIONAL BANKS OCTOBER 10, 1872.
Amonnt
DeDomination.
Under Act of—
8
Sixes 1881, 8 per cent-Fchrnary 8 1861
do. do.
Jnly 17, Angost 5, 1861
do.
FebrnarySS, 1862
do. 6-20,
do.
do.
do.
do.
cent—Marnh 3,
do.
March 3,
do.
do.
do.
do.
do.
do.
do. do.
Fives, New,
do.
do.
58,7«8,760
8.695.500
104,350,450
16,188,150
2,
14.100000
1864
2.054.000
1861
11,777,100
1865, let series
7,978,250
2d do.
14.004,40"
do.
3d do
3.718.5(0
do.
4th do
—July 14, 1870, Jan. 20, 1871, Funded loan, '81 105,905 850
do.
do.
but one
easily
do.
—Jnnel4,1868
640.000
1040's,
—March3,1864
104,.350,450
Total
Total Sixes
Total Fives
$.'Wt4.274.90fl
173.878,600
generally exist
considered
and they are
The most
apart.
of
familiar
these
the excess of currency, the other
is
which immediately develops
has a sudden excess in the issue of
we need
understood that
not describe
itself
when any nation
currency
its
its
two
The
are the excess of capital and the excess of confidence.
is
so well
symptoms, or the
growth, culmination and decline-
disasters which attend its
Th£t
which
inflation
arises
from an excess of confidence
is
equally familiar, and receives frequent illustrations in those
violent
taken from the
official
of rabid speculation which serve as a prelude
fits
almost
to
the
all
—an
that
whose records have
naonths
are
influx of real capital
few examples
find
campaign,
now pouring
The aggregate
into
financial
in
—
of a sort
is
No
history.
has ever gained
survived
the
no
is
have been
But the other
which prevails from an emhnrras de
excessive
riekesses
that
half century.
past
the
of inflation
species
convulsions
financial
so frequent during
210,896,300
is
is
causes of inflation
all
This table
They
Usually predominant,
usually proceeds.
82.064,960
FivcslO-40,6percent^MarcIi 8,1864
Sixes S-20, 6 per cent—Jnne 30, 1864
do. P. RR. Bonds -July 1. 1862, Jnly
do. 5-20, 6 per
inflation
$4,014,000
:
March3,1863
do.
1881,
monetary
together,
inflation
arisins out of the supply of bonds on the market
[October 12, 1872.
in
nation
a six
sums of real wealth which
Germany from vanquished France.
vast
less than 1,141 millions of dollars;
and
war amounted but
so that they have gained in six months a
the wealth of the Empire of 863 millions
the expenses of the Germans
books, and has been
in the
to 278 millions,
by Mr. Hulburd, the late Compsolid addition to
troller of the Currency, who is now a banker in this city.
of dollars, besides annexing Alsac« and Lorraine, with the
The rules of the Department allow five-twenties to be withvast stores of capital and productive power owned by those
drawn and their places to be supplied by an equivalent
It is this prodigious accession of
industrial communities.
amount of any description of the five per cents. This prowhich has produced the financial inflation that is now
furnished
at our request
capital
cess of substitution
is
rapidly going on,
and
in a short
time
the whole of the 1«>1 millions will perhaps be replaced, and
will come on the market in the shape of coupon bonds, into
wh'ch by law they can be converted at pleasure.
IIow far it is for the best interests of the country that our
go abroad, as they are now doing, and
that the supplies on the market should be replenished from
the National Banks, is a question we need not now discuss.
It is our object to point out one of the several sources from
five-twenties should
which Government bonds of the various five-twenty issues
have been pouring upon the market to the extent of 90
millions of dollars with 100 millions more to come.
THE FINANCES OF GERMANY AND THE INDEMNITY-MONEY.
Recently
the
London Times gavo some
striking
trations of the violence of the speculative fever in
illus-
so visible in
Germany and
destined to
is
These
1
paid as yet.
payments so
lions.
The next
and the whole
arrangements
milliard
will
is
be paid off
for raising the
payment over the period from August 1872, to
But some arrangement is said to have been
made by which Germany can receive the money in advance
of its collection by France from the purchasers of her bonds.
Should the plan for anticipating fail, Germany is still sure
of receiving this vast amount before the summer of 1874.
Now
the question arises as to its disposition.
the war expenses.
than they
sorts of fancy stocks,
all
know what
inflation.
The
financinl
are of great interest for their
and
Roman
developments
own
sake, as
we
;
in
Germany
illustrating the
in a
new
set of
a people whose national frugnlity
virtue has never heretofore been submitted to
this particular sort
interest
amoug
of
cherish in
trial.
German
To most
of us, however, the
finance has a
more
practical
due either to the circumstance that we have
business relations which require us to watch German
finance, or else to the magnitude of the supply of capital
from Germany which is lending here and might be wanted
character, and
is
ome if monetary trouble should spring up there.
The financial inflation, however, through which the German
Empire is passing is for other reasons, ot interest to us. It
differs in some essential
particulars from the inflation
which modern nations have ever developed. We have
often expounded the fundamental fact of monetary science
that there are but three great general causes from which
at
I
will
of this
money
is
to
pay
These amount to a comparatively small
sum, and they are now being paid off. How this is done
do with, and have been buy- we find described in the Economist as follows
In noticing the measures taken by the German Government
and investing in a multitude of
general laws governing financial expansion
circumstances, and
made
What
will its distribution
to
wild schenies such as always spring up in the hot-bed of
monetary
the new-loan dis-
April 1874.
be succeeded by another and perhaps more notable
excitement at no distant day. The Germans have more
money
The
1874, if not before.
tributed its
tend to develop speculation ?
Of course the first use to be
ing
in
money under
has culminated in
; and
temporary languor, monetary stringency and general depres;
to about 580 milbe
paid
early next year,
to
amount
far
Germany, Germany do with the money, and how
to
great changes
Including the half -milliard just sent to Stras-
burg, the total
which has now passed the hot stage
sion
make
and industrious population.
141 millions of dollars have not, however, been
in the character of its frugal
for
the repayment of its debt out of the proceeds of the indemnity,
we have been careful to point out that as yet those measures
only applied to a portion of the debt the Treasury bonds or bills,
part of which were issued in London at the end of 1870. Power
bad been taken to give notice of repayment of the Funded loan
of £17,000,000. but no notice had been given under that power,
although purchases might have been made in the open market.
The notice has at length been given as a means of easing the
German money market, and, according to the German papers, is
to the eifect that the bonds will be called in on the Ist of January, 1873, but that holders will be allowed to present their titles
after the Ist of October next, by which a bonus of \ per cent will
be obtained. The Berlin Borsen Zeitung states, however, that
large amounts of this debt have already been bought np by the
German Government, but it is supposed that about £11,000,000 or
£13,000,000 are still in the hands of the public. According to
this account, the German liovernment during the present year
has cancelled about £5,000,000 of its debt in addition to the
£24,034,000 which it had redeemed up to the end of 1871, making
a total of £39,000,000 paid off, which the £13,000,000 now to be
paid will increase to £41,000,000. Tho total nmount issued having
been £47,525,000, the step now to be taken will leave a very small
balance outstanding, even if that balance has not been reduced
by other purchases in the open market. It will be understood
that we are only speaking ot the Federal debt of Germany, and
little progress has apparently been made with redeeming the
debts of the separate States out of the proceeds of the indemnity.
—
But these war
(j^bts will opnsuaie a
very small part of
,
:
..
:
THE CHEONICLE.
October 12, 1872.]
They amounted
the indemnity mont>y.
end of
at the
thalers, or 4255,000,000,
to
340 millions of
last
year; and the
by war expenditures, amount
shown in the subjoined table
but to $274,309,150, as
is
$19,309,150
French
of
90,000.000
,
Novembers*, 1870
they will be dealt with, but their aggregate
DEBTS or THE OEBIUN EMPIRE.
is
as follows
Tot. d't
End
Fnnded
of
debt prop.
Tbalers.
Thalers.
B. Roads.
Thalers.
1870
861,794,916
80,46.3,000
194,716,749
Debt
Paper
Money.
per
Total
for
cnplla
debt,
Th.Gr
Tlialers.
18 28
45),511,665
33 —
1870
l,6.W.00O
Bavaria
1869
95,054.746
8,571,489
Saxony
Wartemborg
Baden
Hesse
1870
39,981,185
18,000.000
f 75,000,000
114,981,125
47 13
1871
85,317,000
3,438.67!
f 80,000,000
105,317,000
69
1870
81,510,907
3,714,888
71.735,685
93,846,592
65-
1870
10,967,.543
2,457.143
5,329,943
16,297,486
19 2t
?
Mi'Ckl.-StrMltz...
?
1.650.000
39
188,142,646
93.337.900
2
5
34 20
18,050,000
1,000.000
7,400,000
19.410,000
2,676.892
600,000
981,000
3,657,892
12 88
2,800.003
800, .".00
2,800,000
28
1869
?
7
Oldenbonrg
Brnnswlck
1870
6,052.400
2,000.00)
.3,311,800
9,364,200
29 19
1S70
2,358,218
1,000.000
88,547,600
25,005,818
82 17
Saxe-Meiningen..
Saie-AItenbonrg.
S-Cob.-Gotha ....
Anhalt
Schw.-Kndolstadt
Schw.-Sondersh
1870
1,898,000
600,000
1,500,000
3,398.000
18 85
1870
aSS.Ono
400,000
838,000
5 28
1870
1.417,066
150,000
1,417,056
21
Waldeck
1870
1,100.800
210 000
1,100,800
19 11
9 24
.
1870
8,657,000
600 000
1,519,000
4,1';6,806
24 21
1870
5,511,471
950,000
f
6.511.471
27 89
1870
785.700
200,000
725,700
9 20
Eeuss (1. ain6e).. 1870
Renss (\. cadette) 1870
Schaumb.-Lippe
1870
Lippe-Detmold
1870
Lnbeck
1870
—
430,000
130,000
430,000
679.460
321.000
679,450
7 21
492.000
372,000
498,000
15 23
371,490
371.490
.
3
1,544 600
6,148,.300
Bremen
Hambnrg
1870
4.487.813
7,156,700
11,584.513 105 22
1869
30,057.888
7,200,000
37,257,888 122
Empire
1870
10,200,000
—
.
59,966,000
Converting the figures into U.
the entire debt of
all
576,000,000 1120,600,000
3
But
be distributed among the several
to
is
29
S. dollars the aggregate of
the States will be $840,450,000.
money
the indemnity
2
10,200.000
544,600,000
persons
ai
among
cash
$540,000,000, so that
extent
a
who have not
tlie
of
phenomena.
its
observer
may be
In like
use.
If,
needful to
manner
has
as
make
the
bution, and
whether
will
of Wall street success
on swifl and true inductions
mariner often depends on his power to read the signs
bad weather, and to interpret the obscure symptoms of
an approaching storm.
From this point of view we have more than once referred
to the labor-strikes which were so prevalent last Summer,
of
wo attempted to show that these struggles betwen the
masters an.l the men had a direct relation to the money
.ind
market, and were likely to mitke themselves
its
be divided until the whole
will
it
distriis
German gov-
received from France are matters which the
tion has not
been disappointed.
We
financial
movements of Europe, and may produce no small
trouble.
Subjoined is the statement referred to
DEBTS Am) INDEMNITT RECEIPTS Or THE GERMAN STATES.
:
Amount
find in the
North Germany, &c
Public Debt.
Indemnity.
31,246,503
$637,972,466
$488,708,660
Bavaria
4,82). ,21
141,331,985
65,981,336
Wurtemburs;
1,778,.396
78,987,500
l«,r20,670
Baden
1,434,970
69,934,944
17,102.667
Hesse
823, 138
12,223,116
8,486.667
40,107,428
$840,450,000
$600,000,000
German Empire
anticipa-
Commercial
he Building Record, which illustrates one of the numerous
methods
in
which the strikes of last
our monetary troubles.
Summer
have enhanced
The table is subjoined, and its
show how the work of building was
primary design is to
checked by the eight-hour struggle in this city. This object
it accomplishes by giving a comparative view of the aggre.
gate
work done during the
last
season and
in
that of the
previous year:
erected in sew tork 1871 Airo 1872.
^May 27 to Sept. 28, 1871-N^May 27 to Sept 8S, 19»^
•^
MS
gs
£=*
™
.
Character of
Buildings.
>
<
5
w
&<«
Sa
£_o
w
O
n>
^
£
^
?
Md
§"3
S!
<
Co-
£
^
S
gg
«
<?
?,
First class
437
$18,000
$7,902,000
84
$18,000
Seconddo
29
12,000
348.000
12,000
46^,000
Stoics
45
23.000
1,03^000
89
40
23.000
980.000
$1,512,000
tenement
tenement
105
12,000
1,260 000
149
12,000
1,788,000
225
10,000
2,260,000
124
10,000
1,240,000
Frame dwellings
24
3,000
72,000
12
8,000
86,000
Stables
48
8,000
3»4,0M
33
8,000
864,00
Factories & workshops
Hotels, public build-
36
8,000
888,0CO
16
8,000
120,000
and chnrches...
and malt
87
200,000
5,400,000
13
200,000
2,600,000
S
!iO,000
100,000
1
60,000
60,000
Alterations in bnild'gs
246
8,000
785,000
198
3,000
6»1,U00
5-etory
ings
of
Population.
hereafter in
Our
Advertiser of Thursday a statement, carefully prepared by
4-story
ernments keep secret, though they so greatly concern the
felt
sensitive precincts as a disturbing force.
to be divided in
be kept on hand before
been said, political
from monetary phenomena, just as the safety or shipwreck
of a
600 millions of do'lars. We
table showing how much of the money
money
money market can
his deductions of practical
in the business
or failure not seldom depend
These expenses are
sum
CAPITAL.
studied the
goes to each State, and also the aggregate debt of each.
How long
some
have been
economy is the philosophy of our industrial life, in the
money market we see the pulsations of that life at its most
vital centres.
Hence all the great industrial questions of
the day have their specific relation to the money market,
though much experience and skill on the part of the
the States will be
have compiled
cause
to
than would
had not been demoralized among the
BrniiDnies
States after certain e.\petises are paid.
computed
likely
is
less
have an adequate conception of the amazing multitude and
9
7,692,900 158 14
Total
though much
Bank of France,
tiie
Few
;
Saxe-Weimar
gold
idle
HOW STRIKES CONSUME
$274,809,150
sums are comprehended the Treasury notes referred to by the Economist, as well as the other securities
as to the public
afloat in England and on the Continent
dfibis of the various States, it is doubtful on what principle
Mcckl.-Schw6rin. (1870)
are indefinitely postponed, tho
much
consequence of the suspension andexcesjive issues
in
90.000.000
Sflth April. 18T1
In these
Lanenbonrg
circuUtion
gold
it
$2,000,000
the efforts to get the
75,000,000
Total war debt
Prussia
into
at the rate of about
probable,
as appears
locking up of so
inevitable
WAR DEBT or TBI QBBKAN SXPIia.
States.
coins
if,
inconvenience,
DeflcltoflSTl
Feder»to debt of 1870—
July 81, 1870
Imperlalloan,
The coinage is going forward
a week, and
new
was caused
aggregate, including the deficit of 1871, which
479
Breweries
houses
$n,774,000
Total for 1871
Totalforl872
9,592,000
Result after deducting this year's 18 weeks prodnction from the
$10,182,000
same time last year
.•
The only other point of importance "n which we are —Dead loss to the City Improvements.
informed with regard to
its coinaije, whicli,
published
German
according
to
finance
is
the progress of
the last official notificiticn
on 7th September, was 282 millions of marks,
against 186 millions on the
statement was as follows
22d June.
Tue 7th September
•
TOTAI.,eBB]IAN OOraASB SEPTEMBER, 1872.
Marks.
20
10
mark pieces
do
Result, supposing labor to be one-half the cost
to the workmen in 18 weeks.
These figures are well worthy of study.
they
show
$63,856,595
27,087,110
6,771.777
282,60»,490
$70,687,827
Jt is true that
a part only of the results of the
srke, because
ey are confined to one branch jf business, but they suggest a method of investigating the effects of the labor con1'
test,
265,482,380
6,091,000
—Dead loss
effect
and of arguing against strikes, which cannot f"»il of
with the intelligent and thooghttul class who make up
the great body of American operatives.
such
men we
For the use of
ventured last July to recommend that the
—
480
TBC& cmioisricLE
history ot the recent strike should be plainly
written
by a competent haod
and
truth:ull\
in a series of tracts for general
more does
it
[October 12, 1873.
when
receive injury
the floating capital which
destroyed altogether.
loses is
This is a branch of the
warning to the men against such folly subject, however, which we can not now discuss. For
hereafter.
The table above given would find a very appro the present purpose it is enough that if the figures adduced
priate place in such a popular series of addresses, and those can be relied on, the strike of the building trades alone caused
journals which, like the Commercial Advertiser, have Ire- to the community a loss of ten millions of dollars, and to the
it
distribution, and as a
quently given
question, will,
expositions
temperate, able
we
the
of
labor
hope, do something further in this useful
Let us see, however, what are the general r^sults
men
What
a loss of five millions.
nection with the rest of the 70,000
loss has resulted in con-
men who were on
strike
summer, and how much of the aggregate loss fell on
of the strike as shown by the table. The Building Record themselves and how much on the community, would form
says that the workmen of the building trades have inflicted on very useful subjects of investigation to some earnest labor
themselves a loss of 5 millions of dollars in wages reformer.
that they would otherwise have earned ; that the wealth of
the city sustained a loss of twice that sum, or $10,182,000, THE BANK DEPUTATION AND THE TBEASURY SAIKS OF GOLD.
Much as its necessity may be regretted, Mr. Boutwell's
in improvements that would have been made, but haw
been prevented ; aod that as the result of the whole, work is action last Monday seems to have proved wholesome in its
direc'ion.
scarce and the
workman
impoverishecl.
To employ the same number of men In the city of New York
(and they to average the same amount of labor per hour, as they
diii last year), there is not 4^ hours' work per day this year for
each man employed in the building traden. This is certainly a
very unfavorable roault from the experiment of eight hours as a
day's labor, and no person can deny but the above represents its
true cause and effect. When will workmen cease to drive capital
from their own fields of labor to seek more remunerative investment, where different skill is required ? Not bo long as they are
bounded on by political demagojiues and their present Communist
leaders.
This last Spring opened with the most brilliant prospects for a busy Fall (in the building line) since the late war.
"The above shows the result of the eig-ht-honr movement in
eighteen weeks
it
has driven over $10,000,000 from being
invested in baildings alone and why ? Because the building
material in the hands of the most expert workmen, and the heretofore most successful builders, are unable to put it together, so
as to get their money back. The month of September, for this
year, sbows nine first-class buildings against one hundred and
eight for same month last year, or only one twelfth. Further
comment is unnecessary, unless to say that it is daily ge.ting
worse, as shown by last month's report.
;
;
Ill
these facts
we
find
Oar up-town banks.
with such institutions that
A
vast mass of business has thus been usually
created, every one
keeping a
of these dealers
balance
in
bank, so that the aggregate balances have usually amounted
in a
good season
which swelled the resources
to a large su.ti
and lending power of the banks.
how
understand
It is easy to
The bank
the situation.
officers tell
us
how
were cut
from their usual resources
gate of capital ordinarily
drawn out and
peared.
This
lias
for
one reason
is
why
these
late.
be required again.
of the
Treasury
Under our
system the Secretary
financial
always liable to cause disturbance in
is
the money-market, even
when he does
and the policy ot Interfering as
little
his best to
avoid
it)
as possible with the
spontaneous movements of the commercial and monetary
mechanism cannot, therefore, be too rigidly enforced. To
on a single day five millions of gold and to purchase
sell
five
millions of five-twenties without previous notice, and in
addition to the usual sales as announced for the guidance of
the public,
is
an action without precedent
;
except during the
troubled period of our war finance,
of the scarcity
of gold, and because of the clique speculation,
Hence
country.
severe injury on the business of the
inflicting
it
was argued
be carried out in such a
the
money market
way
if
the transaction could
but rather to
slightest degree,
in the
upon
relieve the pressure
that
as not to cause stringency in
it,
then the extreme urgency of
case would justify the action of the Secretary of tne
Treasury
if
he should adopt
Such was the general
it.
belief,
ington, nt the close of last week, to enforce these views and
men
on
for
up town banks have
We
such a
capital, with
left in bank on deposit, has been
banking purposes entirely disap
been so poor in loanablo funds of
Still,
and a deputation of bankers and merchants went to Wash,
payment,
how they broke their contracts, incurring penalties and other
losse; sand how, in a word, a multitude of exchanges, which
formerly were active, havtf been stopped, and a large aggreoff
have now no panic; and
no dread of any panic.
is
the balances
and other engagements coming due and their
strike,
there
sudden and violent interference on the part of the govern,
ment with the business of the country will not, it is hoped
the
these strikes have affected
have melted away, how worthy men of a small
bills
still,
community keep their which was
the master carpenters and the building
accounts.
better
when we had no precedents to go by, and had to make them as we went along.
It is true the gold was needed.
The banks want coin to
condition of increase their failing reserves, and the public want it because
an explanation of the
It is chiefly
We
general effect on business.
adds
It
last
find
on inquiry
to
make
an efTort to secure their adoption.
ment they were met with two
At
doubted whether the Treasury held a
the Departit was
amount of
First,
objections.
sufiicient
gold to be able to part with five or ten millions
possible might not
ondly, whether the sale
if
mouey market severely
for a time, even should
;
and
sec-
trouble the
it
result in
eventual relief when the flurry was over.
In reply to the
on the
1st
inst.
first
held
point
it
of gold
was shown that the Treasury
$78,417,220, of which only
by the savmgs $25,792,760 was due to the public on coin certificates so
banks. These institutions have been heavily drawn upon by that the Treasury was the absolute owner of $52,024,460 of
Out of thftse 52 millions nothing was to be paid bui
the men on strike, and they have consequently h?d a smaller coin.
amount of funds to lend. The money market has thus lost the November interest and that of January. The latter
both from the will be abundantly provided for by the customs, and the
a part of its supplies from two great sources
banks which keep the accounts of the employers, and from former amounts to no more than 17^ millions. The posithat a similar 6et of facts has been exhibited
;
—
the
savings banks which
ployed.
The
receive the
latter institutions
to bear the drain
savings of the
em
have also been the less able
produced by the strike because they had pre-
tion of thj
Treasury was then as follows
52^^ millions, out of
which
it
:
It
held
of gold
has to pay three weeks hence
17^ millions, leaving a clear balance of 35 millions.
The
viously been depleted in consequence ot the failure of the
inference deduced was that having these thirty five millions
R ng-banks
disengaged, the Treasury could safely
in the
previous winter.
sell
five
millions of
There are many other ways in which the money market gol I, and ought to do so with a view to relax the monetary
has sufiered from the late strike.
For example, such a stringency, to stop the incipient panic manipulated by the
And as gold gamblers, and to save the country from the
from the too commercial revulsion.
struggle destroys a good deal of floating capital.
the
money market
is
well
knswn
to suflfer
rapid conversion of flo»ting capital into fixed forms, rauth
This point being
made
plain,
the
fear of a
pext difficulty of the
-
:
THE CHRONICLE.
October 12, 1872.]
Washington deputation was in regard to the money market.
When coin is sold by the Government it is sold for greenIn
backs.
5 millions
selling
of
gold,
Treasury
the
would take over 5 millions of greenbacks, and lock them up
This large and sudden depletion of the
instead of the coin.
SeptemWr, 1871. The corrected statement of this
company, for the month of August, has just been published, showing an increase of gro^a earnings in thxt month
last
of <il07,702, and au increase in net earnings of $48^801.
For the purpose of showing the
morbidly sensitive to the minutest impression, and the
vague dread of a panic was extensively prevalent. This
ceipts
was supposed to be insuperable and it, perhaps,
had something to do with preventing Mr. Boutwell from
The deputation proposed
selling more gold last month.
years
like the present to cause trouble, as
critical
is
difficulty
to
meet
;
it
by
placing the
money
received for the gold in the
National Banks, and letting those institutions pay
it
out on
aection
accordance
in
is
with
appointment
on
of
Secretary
the
be
Since
ury.
and
agents
fiscal
war
the
depositors
provision
this
desuetude, and sundry abuses caused
law of 1806, which prohiMts
depositing their
money
in
nearest Sub-Treasury.
this
It
all
g
to
be deposited
In
the"
has
fallen
into
modification in the
disbursing officers
banks or anywhere
else
but
from
in the
has been generally supposed that
law prevented the Treasury
allowii
its
Treas-
of
itself
from depositing or
bank the money* paid
for gold or
IBM.
1,146,340
bash. 15..355,18a
19,690,W1
M,W2.758
18,7()2,tao
13,761,019
10.846,057
3,100,674
1.477,«)0
6,960.014
7,539.161
a,«S7.8Wl
600,405
15,673,686
il,016,6SS
6,S0C.5»9
674.*;l
614,861
81,370,-229
83,203.663
Cora
Oats
Barley
6,193,917
2,644,034
Rya
5«,484
Total eraln...ba8h.43, 461,237
1870.
48,875,451
BAILROAD lARNraaS IN EPTEHBSR.
1871.
1872.
Atlantic
Atlantic
&
&
Great Western
It50.'),069
Bur. Cedar Kaplda £ Hiun
Central Pacific
,
Chicago 4 Alton.
ClevK., Col., Ciu. & Ind
l>.-9 iMolnoa Valley
Rrie
III liioia Central
Ind.,
1 13.834
1.832,320
499,062
Kiiiixas
Pacific
aouthern...
Oinclnuati
&
&
Milwaukee
Paul
St.
&
Missouri. Kansas
1,8,211
336,-299
8,569
84,
81,9-^4
83,063
1,643 464
1,T94.:)!I7
7.'j9,9<'.7
890. •W7
•l-23.0i)0
100,11)8
.SKS.i«8
3fi8,9l8
ii:u,i9i
1,5.S7.8C.H
1
191 ,8 1
811.961
Texas
5.490
95,(»:i
995.9-.il
.341.9118
LakoHUore* Mich,
Inereaie. Decrea*e.
$.
tl'28,683
607,617
385.381
419.4.39
Bloom.* Western
Marietta
t376,.'«6
1 i-i.rm
•107,236
Pacific
,
created
several
l,»i8,M1
the
to
5, io
1971.
1,339,475
bblB.
Vfhoat
October
to
1
973,986
1872,
Flour
of the National Banking Law, which authorizes
banks,
the
arrangement
This
Chicago, Mlltvaukee, Detroit, Cleveland, Toledo
at
and St. Louis, from August
the drafts of the Government from time to'time as might be
needed.
relative extent of the
movement at the West this 'season, compared with
the money market previous years, we present the following table of the regrain
ment
^4Sl
as in
mo-
was regarded as likely at a
circulation
active
1
iu
1,139
1S0.9S3
180,320
81,8.32
36,360
218,921
25,650
3,384
8I6,.S4.)
20-2.000
10:J.7H0
fl8.-2'20
Misalssip])!
35() -232
S-3 1.35-2
31.880
Pacific of Missouri
•3.38,497
•n!(.3fiO
194.0(10
2H0,:)»4
364,1-28
183.'14i
Ohio
&
&T.
St. Louis, Alton
11
St. Loulsanrt Iron Monntain
St. Louis, Kansas C.
Northern.
T'lliido. Peoria
Warsaw
3.5.631
9,082
141,165
53,835
Such moneys have always been paid into
&
2-<7.B97
7,313
114.488
lOt.MS
9,943
the Treasury, but the deputation claimed that under the Tol., Wabash &,&Western
565.811
558,817
6.«I4
(•802,000
800,402
l,59i
l^w, strictly interpreted, there was nothing to prevent the Union Pacific
Total
$11,551,765
$10,939,470
$989,363
$367,068
authorizing of ttie banks to receive the five millions in
Net Increase
632,295
mercantile
payments
are
question, and to pay it out juat as
•Fourth week of September estimated.
t Approximate by telegraph.
The deputation were not able to show
ordinarily made.
The public has been favored recently with some glimpses
any precedent for such a course but their views of the law
and to meet the exigency, four banks were of the earnings of one or two companies which do not hibituwere accepted
designated as depositories for the purpose, namely, the ally furnish any information about their affairs; one of these,
Bank of Commerce and the Fourth National, for the down- the New Jersey Central, in an official circular to its stocktown district ; and the Second National and the Central holders, states the gross traffic from January 1 to October],
National for the up-town district. Mr. Boutwell, as is 1872, et $5,330,000 (a part of the last month being estiaffirmed, felt considerable reluctance to yield to these mated), the expenses in the same period $3,168,000, and the
property sold.
,
;
;
arguments, both because of the irregularity of the proceeding, and also because he
net earnings, $2,171,000.
had thouijht that the money market
The earnings
of the Biltiraore
&
Ohio Riilruad, miin
from natural causes was taking a tarn, and would right stem and branches, in the month of August, are reported at
itself by
own elasticity without any interference. $1,253,976, against $1,147,241 in the same month of last
its
Whether this statement is correct or not we do not pretend year.
For the nine months of the year, from January 1 to
to know. It is not of much consequence, but it receives cor-
week before, Mr. Bout- October
programme, in which the month's sales
at no more than five millions.
If Mr.
Atlantic 4
roboration from the fact that only a
well had issued
of gold were fixed
Boutwell really held this opinion, there are a number of our
best authorities, both
who
share
it
banking and commercial
in
with him, and
who
general
causes
Weatem
Great
& Minn
,
.
circles,
Clove,, Col., Cin.
regard the intervention of
which were already
SlRHHtaS rROH JANtTART
Burl Cedar Rapids
Central Pacific
Chicago * Alton
. . .
3,278,067
568,009
Erie
1-3,505,308
Illinois Central
Ind,, Bloom.
&
at work,
S.737,383
Western
•975,611
2,667,774
Mich. South... 13,674,862
KansasPaciflc
Lake Shore and
Marietta & Cincinnati
Milwaukee & St. Paul
and were gradually tending to give ease to the monetary
situation.
1,408,843
4,790,201
1,327,802
2,591,606
1,628,623
&
Texas
Missouri. Kansas
Pacific of Missouri
Iron Mounuin
St Louis
St. Louis, Alton <fe Torre Haute..*l,39S,658
N... 3.550,913
St. Louis, Kansas City
961,110
Toledo, Peoria & Warsaw
£
RAILROAD EARNINGS FOR SEPTEMBER, AND FROM JANUARY 1
TO OCTOBER 1.
For the month of September some of the leading rail,
roads show the
following
differences
compared with the same month of
tral
Pacific
an
increase
of
Toledo.
Union
Michigan Southern an increase of $218,921
;
Illinois
&,
&
•
t
:
31.
1871.
3,339,375
Increase.
367,935
6.916,474
8.972,388
3,788,695
2,387,65*
.^.•16,817
11,162
702,296
12,801.012
6,204.391
138,936
467,008
679,9C.5
8.41,3.899
295,706
10,814,777
1,860,085
1,17-2,689
2.35.9.54
4,731,625
58.576
B68.527
28,413
482,58i
19.321
659,275
2, 56;!, 1 63
2.V3.875
M.).$83,346.811
$74,574,400
$9,378,355
.
.
4,365,.390
,._
Decrease
489,.372
t6,176,567
.
Pacific
Total (except B. C. R.
made
TO SEPTEMBER
276,946
610,321
Western
Netlncrease
The Cen-
Lake Shore and
$336,299;
Waba«h
1
1,145,941
],374,.W1
2,005,317
777,406
4,088,444
5,666,246
&
in their earnings as
last year, viz.:
1872.
3,707.310
685,683
9,304,428
3,8.33,4,^2
& Ind
Des Moines Valley
the Treasury in this case as having been only auxiliary to
more potent
the following comparisons are
1,
his
......
54.'.,,M'«
lM.7m
$605,944
8,772,411
Fourth week of September estimated.
September returns approximate by telegraph.
Cen-
THE CONDITION OF OUR WOOL GROWERS.
of 18,555; Erie a decrease of $150,933; Atlantic and
When John Randolph said he would go a mile to kick a
Great Western an increase of $128,683 Ohio and Misslss. sheep, he expressed the vindictive disgust of the Virginia
ippi an increase of $34,880; Milwaukee and St. Paul a/ farmers to the business of wool growing.
That was, then,
decrease of $3,384 ; while the Union Pacific, approximate an unimportant and perhaps an unprofitable branch of our
statement by telegraph, makes the earnings almost the same domestic industry.
century has so far adjusted the retral
a decrease of $130,321
;
Chicago and Alton a decrease
;
I
A
!
THE CHRONICLE.
482
latiops
[October 12, 1872.
are driven into another serious loss by the consequent
manu- change in their farm management and also into a farther
raise sheep loss by adapting themselves and their estate to some other
between our producers and our consumers of wool,
that now, as lonj; as
it is
woolen goods,
'actur?!
profitable for our people to
profitable for
it is
The census
for their fleeces.
them
to
;
1870 reports the number of branch of agricultural industry. It is a bad business for
them everyway.
of domestic wool brought
And this must always happen when the price of wool de-
of
sheep in the United States to be 34,000,000 agair.st 21,500,
000
1860; and the jioun'ls
market 135,000,000 against 55,000,000 in 1800. clines extensively. When the tide returns, and prices again
So much care had been given to the bretding of the sheep, advance, and the farmer is tempted by his skill in the busithat the average weight of the fleeces had also increased in ness to venture into it once more, he encounters anothnr loss
in the higher prices he must pay to recover the slock he had
these ten years from 2.73 pounds to 3.51 pounds each.
in
into the
But to-day our wool growers are not
good
in
spirits.
disposed
of; and, again, in
time he must use to
the
cull
The price of wool has been gradually sinking during the out, and get into a productive condition, the various grades
summer, and is now lower than it was at this time last year. of stock necessary to produce a profitable style of wool.
As the wool grower is thus dependent upon the manufac
The murket is sluggish. Manufacturers are waiting for
lower prices, and the producers are hoping for an improve- turer for success, the evident remedy for the insecure position
ment; while our storehouses are full of domestic and of this domestic industry is the closing of all superfluous mills,
a result which natural causes must in time, and
foreign wools waiting purchasers.
A
summary
of the causes and consequences of the present
Some
is
too much wool has been
many woolen goods have been made the through
condition of our wool industry
demanded
too
;
overstocked
and the reaction
fabrics,
:
;
manufacturers have
the
market with
of their losses is
their
it
would
seem, in a short time accomplish.
our woolen mills are strong enough to run
of
weather.
all
owners, their losses
now going back great number
Being large corporations, with various
fall
upon nobody in particular. But a
running on money advanced by
are weak,
upon the sheep husbandmen, who, stimulated to increase their selling agents. And if the present state of affairs conby the unusual demands for wool during the tinues for a length of time, these must slop their machinery,
years of the war, had followed the lead of the manufac- or else go under, hand in hand with their commission
their flocks
and are now, with them, reaching the same end.
turers,
Woolen goods were never
so unprofitable to the manufac-
The production of
turer as they are to-day.
the
Washing-
ton Mills, of Lawrence, Mass. (100 sets of cards), was, by
by auction on the
necessity of the market, sold
this
month
Wool
per cent.
is
at
cheaper in
first
day of
not less than twenty-five
New York
than
is
it
in
Lots purchased by American buyers at the auc-
London.
tions of
at a loss estimated
July and August, held there
the auctions in September
in bond,
were resold
at
and wool received from those
colonial sales has been sent back to be reoffered.
Deep
fluctuations
are
;
too
oflen
the
experience
friends.
done.
and then
sets of cards.
;
Thus, in a certain season, he
future.
at fifty or sixty cents a
drug, at a
much
value
kill's
The higher
material
his
and
Now
of both declined.
ths
price again.
And
so
gee-saw between the
in
it
is
a
price overstocked
with fabrics, and the
farmer,
sheep for their pelts and tallow.
wool becomes scarce, goods
wool readily
The next season
pound.
less price.
the market with raw
sells his
discouraged,
After a while
demand, and up goes the
it
varies, year after year, a continual
producer and the manufacturer, until
both conclude that there
is
no money
in wool.
out.
It is
over-
1860, with 3,209
1870 the number had increased
to
2,783
now acknowledged, by both manufacturers and buywe are making too many woolen goods. Our weekly
auction sales testify that.
The long continued softness of
the dry goods market testifies it.
To which testimony may
be added the general disposition which our wool grower now
It is
has to follow John
Bandolph's example
in
going a mile to
kick a sheep
of the
he has no assurance of profit in the
Id
in
ers, that
CURRENT TOPICS.
The wool grower is too often
discouraged by the unsteadiness of the
manufacturer's market
to be thinned
had only 1,261 woolen mills
mills, with 8,308 sets, without sufficient cause.
wool industry of our country.
elated,
The business needs
We
Teas fkom
New
Soubcks.
—The
efforts of resident
capitalists to establish tea culture in India at present give
of a very satisfactory result.
The English tea gardens
English
promise
are already
erected along a line of 1,000 miles on the foot hills of the
laya Nevadas, and everywhere the
Hima
plant indicates a healthy
growth, thriving best at Darjeeling, where
it
snow
difRculties attend-
for at least
two months of the
year.
The
lies
tinder the
ing the establishment of the industry are very great. First, the
jungle must be cleared and the soil prepared for the reception of
the plant ; this, it is said, costs more than twenty times the
value of the rough land. Then again, in some cases, expensive
systems of artificial irrisfation have been necessary to give the
plant a growth so luxuriant as to admit of the plucking of its
Finally, the labor of the natives has been but a poor
leaves.
In the State of Ohio, alone, 3,320,000 sheep were killed
dependence in preparing the plantations for the original outset of
plants, though sufficient for the comparatively light work of
cent of all the sheep then in that wool-growing State, for subsequent cultivatiou and for the harvesting of the leaf crop.
the reason we have given.
The Auditor's report for 1872 In Assam, about one thousand miles to the eastward of the
says (hat the whole number of shtep now, in that State is mountain tea gardens, the cultivation of tea hag attained the
proportions of a very considerable industry. There, however, it
4,364,900 ; being only 62,000 more than in 1871 ; and,
is grown chiefly on the river banks in a perpetually hot and
taking the average of three pounds to the fleece of washed
humid atmosphere, and consequently is rank and coarse, and the
wool, the increased production of the State over last year is leaves, though unfit for use as a beverage, have a value chiefly
only 180,000 pounds.
for purposes of adulteration one ounce of Assam giving flavor to
Uniformity and stability are what our wool-grower needs a pound of spurious stuff marketed as cheap tea. Whether this
tea has found its way into consumption to any considerable
uniformity in demand, and stability in values.
Change extent it is impossible to say, as the trade is, in one sense, illeruins his interests, and compels him to abandon his occupagitimate, and is conducted as secretly as possible but from the
tion.
flock of sheep is a business investment, which re- mountain district the shipments of teas last year amounted to
quires capital, management, and intelligent care. Those twenty millions of pounds. The finer descriptions are, in quality,
farmers who are compelled to kill or sell their flocks on said to be superior to the best average of Chinese and Japanese
account of an unstable market, or b. cause the price of wool exports, and bring the highest price. Hitherto Great Britain has
consumed the entire production of the district, but with the
is relatively so much lower than the price of other
staples growth of the industry it is
probable that a trade with other
that they cannot afford to feed and tend the sheep properly,
countiies will be established.
in three years (1868, 1869,
1870), a loss of forty-three per
—
—
A
—
—— —
;
:
.
:
;
:
THE CHRONICLE.
October 12, 18T2,J
198
In this country California seems to be the only source of production upon which any dependence can bo placed, and it is not
improbable that its production in that State will gradually
To Foreign West Indies
To Mexico
To ITnlted States of Columbia (New
expand until it becomes a considerable industry. The failure ol
the SchntU plantation in El Dorado was due to causes now wollunderstood, but which could not have been provided against in
the initial experiment. But enough was accomplished to sliow
that thfc soil and climate were favorable, and that the foot hills
of the Nevadas can be covered with tea gardens as flourishing as
those of Darjeeling. The great disadvantage in California seems
to be the scarcity and cost of labor; and the best way to overcome this is to encourage the formation of co-operative associations among the Chinese. American labor is scarcely adapted to
the work of picking and carefully assorting by hand the leaves
and it is neither cheap enough nor abundant enough to be employed in constructing the reservoirs and ditches needed for irrigating purposes. But with a climate and soil perfectly adapted
to tea culture, and plenty of unemployed Chinese labor at hand,
there is reason to believe that tea growing may become one of
the prominent industries of the Pacific coast.
To Uruguay
To Argitutlno Confederation
To Chill
To IVrn
To China and U.mg Kimg
Asiatic Rah^way Scheme. The
project of a through line of railway communication to India has
long been a popular one in England, and for some years past its
construction has been seriously discussed. To pave the way for
the undertaking the Foreign Office, some time since, forwarded to
British Consuls residing along tho proposed route, a request for
information as to the feasibility of the scheme and the difficulties
likely to be encountered in carrying it into execution. The replies
of the consuls, which have been lately
favorable to the project.
made
public, are generally
ii,3M.iao
8,395.556
8.26.5.710
116,071,4.'M
l«.l|g.688
».aeo,ano
2,988.600
ToHrazll
To Philippine Islands
To Gibraltar
To Malta
To Brltli-h North America
To British West India
2.472350
2.552,213
23,635,445
1.709,192
2,744.400
1,828.100
8,229.921
2,320,775
10,552,106
39.5(2.0.1,1
3.5.575,600
2,
160 680
2 13l,l',i8
8,712,520
2,815.000
8,23.1,107
3 187.500
784,340
9,040,423
8,621,700
8,875,160
.3,375,635
1,674,723
3,956,535
2,078,740
8,910,700
«, 294,900
10,120,891
1,414,4:2
32,616 500
4.035,500
23,4.',1,300
64.11.3,980
8,84.S,070
3,60.5,591
70,9n9,(i00
64 417.300
55.12.260
2,168,160
2,53!,885
17,321,842
11,380,000
1,845.800
8 426,100
16,754,300
227,174.879
106,109,343
225,048,200
103,788,560
541,570
3.312,9<il
6.410,160
To.lapan
To,Iava
In
South Africa.
Madras
Bengal
KtraUs SettlemonU
Ceylon
ToAuatralia
To
1,669,937
18,640,867
other countries
798. 2110
501.400
8,371,100
Wholly of Cotton
Total unbleached or bleached
800,621, 8&$
Total printed, dyen, or colored
85,118,948
Total of mixed materials, cotton pre-
dominating
Total
1,184,837
8.168,766
1,716 590
286,920,668
a'i5,452,988
330,543.850
Cotton thread
lb.
lb.
lb.
555,879
727,841
614,159
The
following return shows the imports of cotton into the
United Kingdom, and the sources of supply, in August, compared
with the two prfevious years
COTTOK IXPOBTED.
:
From United
From Brazil
states
From Turltey
From Egypt
To complete the connection between From other
proposed to construct
a road from the Bosphorus to the Mediterranean at Adalia, as a
course in a direct line to the nortliern arm of that sea, would
encounter the Taurus Mountains. From Adalia the plan is to
skirt the Mediterranean and, turning in a southeasterly direction,
pass near Aleppo, enter the Valley of the Euphrates, round
the head of the Persian Gulf and also that of the Arabian Sea
cross the Indies and enter British India, probably terminating at
Hydrabad, from which narrow gauge lines could diverge to other
sections, with which better communication is needed.
This is a
formidable undertaking, involving the expenditure of enormous
caoital, and one which will not probably be undertaken wholly as
a British enterprise, if at all but it is not improbable that, with
a view to increasing the importance and developing the resources
of its Indian possessions, England will take the initiative in an
undertaking which, if successfully carried out, would do much
to bring a very important section of Europe and Asia once more
within the busy circle of the world's commercial and industrial
7,76.').90U
and
Islands
Guiana.
To British possessions
To British India—
Bomlwy
930,800
9.461,200
16,721,000
3.021,000
4 7 2,100
8,282,700
2.205.600
FromBriti»h India
India and the European railway system,
countries
1870.
1871.
cwts.
cwts.
3S6,97'5
142,024
60,887
801
56,597
288,985
43.815
36,2.14
83.131
861.237
86,023
161,7(»
67,532
1,214
22,191
287,565
46,840
579,673
577,104
18,9.39
25,657
29.789
30,299
49,165
63,159
1872.
i.o4
it is
Total
636,350
COTTON BXfbRTBD.
To Russia, northern
To Germany
ports
76,243
1,881
58,996
9 246
9,342
43,712
ToHolland
ToBelgium
ToFrance
To
other countries,
Total
:
198,230
8.3,813
3S603
89,081
13,166
17,720
16,710
140,446
115,686
BULLION AND SPICIS.
The imports and exports
of bullion
and specie in August wer«
as follows
l872
i871
1870
STATISTICS FOB
;
activities
6,7OT,Sno
8,400,910
Oranadtt)
—
The Trans-European and
10,820,360
4,668,416
Imports.
Exports.
£3,415,100
£2,560,279
1,608,576
6,412,096
3,829,561
8,2.37,898
TBE EIGHT MONTHS.
1870.
1871.
cotton yam
lbs.
119,155,670
cotton piece goods.. yds. 8,098,271,828
cotton thread.
lbs.
4,378,385
cotton
cwt.
7,516,695
Exports of cotton
cwt.
1, 160,957
17,P57.456
Imports of bullion
£
Exports of bttUlon
11,600,993
£
Eiportsof
Exports of
Exports of
Imports of
1872.
129,792,556
133.692,263
2,371,0:»,1.3.1
2, X2.3, 264,721
4,821,660
11,312,;46
2,4T8,558
25,485, 671
16,890,568
5,169.810
9,50.5.862
1,513,768
80,786,774
30,«T7,696
from which they have long been excluded.
Trade of Great Britain. —Tbe Board
CHANGES IN TUB REUEEIHK\G AGB.NTS UK NATIONAL RANK!!.
The following are tlie changes in the Redeeming Agents of
the
of Trade returns for
August and the eight months ending August 31, show that
declared value of the exports of British and Irish produce and
manufactures in the month and eight months was as follows
:
Banks approved
since
the 26th
nit.
These
weekly ehani;es are furnished by, and published in accordance
with an arrangement made with the Comptroller of the Currency
National
;
In August.
1872
In eight months.
S167,l«6
JES4,55;,502
22.221,245
17,087,496
1871
l870
6;j6
143,677,206
131,643,36S
Annexed is a statement showing the exports of cotton yarn and
cotton manufactured goods during August, compared with th«
corresponding month in the two preceding years
OOTTON TARK.
1870.
ToRuesia
To Germany
lbs.
To
To
Holland
Franco
Toltaly
To Austrian
44,M0
territories
ToTurliey
To Egypt
To China and Uong Kong
Bengal
1,45:),860
S42.60023,S00
;
other countries
Total
47.3,810
62',;.47()
602 800
1,092,V"^)
Madras
187J.
444 700
3,008,150
8,099,520
404 .SOO
1,192,400
208 220
2,031,800
59«,750
19B.400
1,842.730
521,989
300,600
Straits Settlements
t-Vyloa
1871.
753,4150
Clarinda
Connecticut
New
Haven.
306,800
1,650,'900
462,200
323,800
955,720
188,700
675.840
663.900
The
iecoiid
Bank.
approved.
First National The Third National Bank of Chicago,
Bank.
approved.
Tbe Yale National The National Hide and Leather Bank
Bank.
of Boston, approved as an additional
redemption ag^-nt.
i
The
.
.
I
The Swond
ToHolland
ToPrancc
First National
The
First National
To Poriugal, Azores, and Madeira
To Italy
To Austrian territories
10,000
14,207,200
16,165,728
17,484,134
1871.
1872.
8,2i6.700
ToTurliey
ToEgypt
To We»t Coast of Africa
ToUulteaStatM
I,8rt0,112
4,3!I2,776
6,409,219
1,758,797
17,210.400
87,6»H,120
912,700
9,364,480
Bank
of
New
The Im|)orter8' and Traders' National
Bank.
Bank of New York, approved.
The Vinton County The Importers' and Traders' National
National Bank.
Bank of New York, and the First
Lima.
Ohio—
Mc Arthur
OhioIllinois
St. Charles
Nat'l Bank of Cincinnati, approved.
Fourtli National Bank of New
The
Bank.
Green Springs.
York, approved.
The Kane County The Cook County National Bank of
National Bank.
Chicago, aiiproved.
The Home National. The Mechanics' National Bank of Chililluois—
Bank.
cago, approved.
Eljrln
The First National! The Fourth National Bank of New
Michigan—
Bank.
Y'ork approved.
Mulr
The Louisa Countyi The Third satlouil Bank of Chicago,
Iowa
approved.
Columbus Junc'n National Bank.
The Fayette County The Ninih National Bank of New
Iowa York, the Union National Bank of
National Bank.
West Union.
Chicago, and the .Milwaukee Nat'l
Bank of Wjaconslu, approved.
|
I
I
|
1,619,680
679,701
1,611,429
National
York, approved.
|
The
I
1,391810
122 600
I,418,4:i9
1S70.
Yards
Nat'li The Central
Bank.
JeO'erson
Ohio-
-
l,4ft5,444
COTTON GOODS.
„
„
ToQermany
BBDIIMIHa ASBHT.
The National Park Bank of New York
Nat'l
{
Ohio—
415,757
3,141,084
3,430,887
1,036,340
1,348,840
1,027,700
l,0ol,020
yiM.WiO
890,840
To .lapan
To Bnliah IndiaBombay
To
507.797
108,700
8,487,975
An OF BAKK.
LOOATieH.
Dlst Colombia—
Washington...
Iowa
7,629700
3,041,420
16,655,290
6 211,600
5,882,680
1,108,900
20,:;81,603
21,(«7,i)13
1,980,066
18,970,663
2,8.37,900
7,477,660
5,916,300
6,501,300
1,671,100
24,580,000
21,895,tt!0
2,886 920
^,906,800
The following
the 26th
is
Neiv National Banks.
a list of National Banks organized ainca
ult,, vi£,
Odlcla! No.
8,053—The Malta National Bank. Ohio.
Authorized capital, $75,000 : paidin capital, t-fl.fm. E, M. Stanbery, President; David U. Mortley,
Cashier. Authorized to commence business Sept. 30, 1373.
2,063—The First National Bank of Medina, Ohio. Authorized capiul, $50,000
paid-in capital, $25,000. L. B. Nettletoii, President ; W. W. Paacoast,
CtwUlcr. Authorized to comiasuct busiuws Oct. 4, 18T3,
:
:
;
(October l2, 1872.
Per cent.
GreenTille, Mich. Anlhorlzed capita,
PrcBidenl_;\\il*100,000 paid-in capilal, tDO.OOO. Nelson Holmes,
liam J. Jnst. Cashier. Authorized to commence bueiness Oct. i, ISTf
Anlhomcd
cainMo.
lity.
Jefferson
Bank
of
Exchange
i o;5-The National
President
054— The First National Bank rf
Joint stock banks
I>i8rount houses at call
Discount houses with 7 days' notice
Discount houses with 14 days' notice
;
iwidin capilal, JSO.OOO. I'hillip E. Chappell
T. Miller, Cashier. Authorized lo commence buelness Oct.
tal, JMI.OCK)
P.
.
THE CHEONICLE.
484
2
;
;
JSiA
10,
4
The following are the quotationa
for
money
at the leading Contl"
nentftl cities
RATB9 01f BXOHANGB AT I.ONDON,
AND ON
I.ONI>ON
AT KiATEST DATES.
EXCHANGE AT LONDON—
«.
EXCHANGE ON LONDON.
SEPTEMBEK
Bank Open
IS
Amsterdam
llaniburg
Berlin
Brussels
Turin, Florence
4><r
1«
Sept. 27.
12.
short.
|l3.10il@13.11X
Uj.Eo @2S.U5
....
short.
3
3mos.
months. 25.90
.©25.95
11.25
&'.i.m
Vienna
18.
2S.47X
short.
Sept
Genoa.....
28.07>i@28.12>i
Naples
S8.l,7>«@28.12>«
Langley
6Jtf
B
4
4X
6
3ii
and
Antwerp
Bremen
4
3«f
'JX
Leipzig
6
4X
& Blake
per oz. standard.
per oz standard, last price.
per oz. standard, last price.
Bar Gold
Bar Gold fine...!
Bar Gold, Rettnable
South American Doubloons
United States Gold Coin
d.
B.
GOT.I>.
6.21
118
119>i(&:i9>i
Frankfort
31?i@....
St. Petersburg
Cadiz
5aj.i&52?4
90 days.
Lisbon
3 months. 28.01 .VSas. 12)^
Milan
1
6
4
Since the advance in the bank rate the continental exchanges
have been rather more favorable to this country, and the movements in bullion have been unimportant. The following prices
of gold and silver are from the circular of Messrs. Pixley, Abel!,
losiw
27.
n. 24 >B (6(6.25
Berlin
peroz.
peroz.
d.
fl.
@
®
77 9
77 9
77 11
73 9
.(
76
3
®
SILVER
d,
B.
Sept. 26. 60 days.
Sept. •;. 90 days
Sept. 9.
Aug. 15. 90'days.
New York
Klo de Janeiro
Bahla
Valparaiso
Pernarabuco
1
6X
7
Rome
4'<
6
Vienna and Trieste
Madrid, Cadiz and Bar-
2.^.47K
Hamburg
Paris
Paris
1K©W
per cent, per cent
|
Lisbon and Oporto
St. Petersburg
Frankfort
market
rate,
1
4)^-5
Paris
celona.
short.
I
market.
per cent, per cent.
rate,
DATE.
Amsterdam...
Antwerp
„
Bank Open
.
Catcst Hloiictari) anb <5omiiurcial Cngliat) Ncwo.
Ang.
..
Singapore...
Iloug Kong
107?i
26
25.\i@25Ji
19.
Shanghai
Ceylon
SepV.'ie.
Sept. 16.
Aug. 20.
Bombay
Sept. 26.
6mos.
46X
Mexican Dollars
25if
Five i'ranc Pieces
4«. 7)>rf.
68. iXii.
nxd.
u.
1,1.
Madras
U.
Sept. 20.
Calcutta
per oz. standard, nearest.
Bar Silver Fine
per oz. standard
Bar Silver', containing 5 grs. Gold,
peroz
Fine Cake Silver
11 6-16(1.
115-16(i.
Sydney
5
B
B.
d.
7-16
5
0%
Oy,&S
OH®
no price
peroz., nearest, old, 5 2K. new, 5
per oz. last price
4 ll.»ii@
following statement shows the present position of the Bank
England,
the Bank rate of discount, the price of Consols,
of
the average quotation for English Wheat, the price of Middling
Upland Cotton, of the No. 40 Mule Yarn fair second quality,
and the Bankers' Clearing jHouse return compared with the
The
four previous years
tFrom our own correspondent.
London, Saturday, September 28.
:
Circulation,
bank post
2,5,012,826
5.385,296
The leading feature of the present week is the advance which Public deposits
18,73E,117
Oilier deposits
has taken place in the Bank rate of discount to 4| per cent. The Government securities. 14,940,131
16,366,692
movement was not unexpected and yet as the Prussian govern- Other securities
Reserve of notes and
11.609,866
ment have announced their intention of paying ofif the loan raised
coin
21,001,136
and bullion
during the war, it was anticipated by some that a change would Coin
2 p. c.
Bank rate
..
94Xd.
be delayed, more especially as the dividends on the English debt Consols
533. 7d.
wheat
Price
of
will be distributed in the course of a few days. The Bank return Mid. Upland cotton ..
lOXd.
shows that the demand for money during the week has been No. 40 mule yarn fair 2d
;
large, and has, moreover, been of a necessary and not precautionThe increase in the amount of
ary or provisional character.
"other securities" is nearly £1,000,000, but there is also a diminu-
1872
1871.
'
£
£
£
£
24,275.956
5,590,488
l;,22l,982
!3.817,928
16,697,497
24,211.785
25,55«,647
6,193,482
22,989,578
14,048,356
24,837,186
26,123,568
9,410,874
20,068,397
11,077,113
21,090.088
11,021,939
21.712,769
£
including
bills
1870.
1860.
1863.
I
11,154,?44
19,839,984
2>< p. C.
e,.S43,9.J
I
18,287,781
12,483.399
17,252,453
14,083,402
22.376. 812
2>i p. c.
4X p.
c.
45s. 4d.
6d.
c.
92Xd.
9iy,d.
9.3d.
50s.
4 p.
13,26.3,411
23,990,281
S8s.
57s. -d.
od.
12iid.
8%d.
9 7-16d.
9Xd.
Is.li^d,
2Kd.
quality
!69,000
Clearing iiouse return. 04,305,000 i 53,269,000
Is. 2d.
Is. 2d.
79,0.59,000
lB.23id,
94,004,000
U
54,251,000
The stock markets opened flat, at a general decline in prices.
The fall in the New York exchange to 107i was the cause of concase
tion in " other deposits," so that as is very frequently the
siderable heaviness prevailing until it was made known that the
when a rise in the Bank rate is expected, the advance has not movement was principally caused by speculative operations in
been anticipated. This is, no doubt, duo to two facts, viz., firstly gold, and not by heavy purchases of grain, as was surmised by
that the public were not quite certain of a change, and secondly, some. A speedy rectification being anticipated, there was renewed
that they were sure that if there had been any undue pressure at buoyancy in the markets, from which there was only a partial
the Bank in the earlyipart of the week,'_an advance would have relapse on the announcement of a rise in the bank rate. Yesterbeen immediately made.
This rise in the rates the past two weeks is due chiefly to three
causes. In Germany there has been excessive speculation, and
the rates of discount have, in consequence, been advanced both at
Berlin and Frankfort. With a rising money market in Germany,
the indemnity payments are likely to be more felt here, and any
foreign money held on this side will be quickly withdrawn. A
second reason for the rise is the high price of wheat. The average price of English produce is only 588. per quarter, but as I
pointed out last week, that price is an indication of the inferior
quality of our crop. To find a ready market here, our foreign
require a fine
importations must be of superior quality.
We
foreign wheat for mixing purposes, and of this description we
shall have to pay a high price, as we shall want a large quantity
third reason is the decline in the New Yor'i exchange to a
A
here are almost possible.
And to these may be added a fourth, viz., the heavy payments
which will have to be made for imported produce in October, in
which will be included a considerable proportion of the new
point at which shipments of
gold
day the markets were extremely quiet, and the tone of business
to-day is rather dull. The following were the closing prices this
evening of consols and the principal American securities
:
Bankrate
Open-market
,
4>i
The
I
4Ji@4>i
4?i!a4X
4
months' bank
rates of interest allowed
by the
joint stock
:
35'.^
a;"^
91
93
""'
@10«
98 @100
104
5*
93
97
-j-'
95
41
54
@
©95
@99
® 95
® W>
now
©43
in progress,
soon increase so rapidly as to cheapen
the commodity considerably. It appears that the statement that
a French colliery company having contracted to supply certain
firms in this country with 250,000 tons of coal is incorrect, but it
resorted to the
is true that some of our railway companies have
4>i@5
1
discount houses for deposits are subjoined
35*.®
•
itps believed that supplies will
^H&^H
bills.
89>i
@ 42
® 32
@68
@ 5d
The price of coals is rather drooping, and although it is expected
condition, yet
to be some time before the market attains a normal
4?i@4x
hills
6 months' bank bills
4 and 6 months' tride
rates
30 and 60 days' bills
8 months' bills
public sales of colonial wcol are
produce.
Per cent.
.
|
40
30
66
53
and since
their commencement they have been largely attended by home
and foreign buyers. The biddings have been spirited, and a rise
has taken place iaprices as compared with last sales of Id. to 3d.
per lb. The greatest rise has been in Washed Combing Australian
The
—
Per cent.
89)^®
@
Ditto 6 per cent. Convertible Bonds,
Illinois Central Shares, 4100 pd., ex 4-6
Illinois and St. Louis Bridge. 1st mort
Louisiana 6 per cent. Levee Bonds
Massachusetts 5 per cent, sterling bds, 1900
New Jersey United Canal and Rail bds
Panama Gen. Mort' 7 per cent, bonds, 18(»7
Pennsylvania Gen. Mort. 6 per ct. bds, 1910
Virainia 6 per cent, bonds, ex 4-6....
but they are not so to any important extent, the quotations
being as follow^
;
^V't l^^
SK
?i.^
92}i@ 92X
87X® 87?i
unstamped
do
9a!i
S?'"^'^ ??,'t
.
crops of cotton, breadstufts, sugar, &c. These payments are
usually the heaviest of the year, 'and hence arises the fact that
in the autumn the demand lor money is very active.
The tone of the money market since the advance has been firm.
In the open market, the terms are somewhat under those of the
Bank
92V@
Consols
United States 6 per cent 5 20 bonds, ex 4-6
2dseries
do
18«5i8sue
do
•-.
1867iBsue
do
5 per cent. 10-40 bonds, ex 4-6
do
5 per cent Funded Loan, 1871, ex 4-6
do
Atlantic and Gt West., 8 per cent. Debent's, BisehoffBhelm's ctfs.
Ditto ConsolidatedBonds, 7per cent, Bischofl'sheim'scertillcates.
Ditto 1st Mortgage, 7 per cent bonds
Ditto 2d Mortgage, 7 per cent bonds
Erie Sliares, c'x 4-6
banks and
'
use of Belgian
coal,
:
:
—
:
:
. :
THE CHRONICLE.
October 12, 1872,1
4S5
Mon.
Tucs.
»8t.
Wed.
Thnr.
FrI
wheat has not materially varied during the week,
Consols for money
02!.'
92^
S2t<
\n\^i
n^i
'>»;i
"
92,',valuo and fully
account
<hlV
92>;
MX
»2>i
»2X
91
»•
9-l?»
U. S. 6a (5.208,)186.5,old... B3X
93^
Saji
support the late advance. Since the Ist of September the imports
•.»%
1867
IK?i
WV
9SX
(«3i
92J<
88
88
88
88
88
U.8.10-408
87V
have been nearly 1,000,000 cwt. less than thoy were last year, and
m%
Now 5b
Wta
l»X
8»X
89X
MX
as our stocks are small, and as the quality of our own produce is
The daily quotations for United States 6s (1803) at Frankprices
present
no
lower
hope of
inferior, there appears to be at
fort were
The finest California wheat Frankfort
for the better descriptions of produce.
..
96
....
95.'J
Fine S&alo
is worth 06s. per qmrtor, and superior Dant/.ic 708.
Liverpool Cotton Marki'j.—Soe special report of cotton.
barley, the quality and color of which are excellent this year, has
Jyiverpooi Breadstuff! Market.
fhis market closes dull at a
realised as much as 53s. per quarter. Tliis high price is caused
decliue in flour, wheat and corn, and an advance of 3d in oats.
by the scarcity of fine English qualities, and by the keen compe»Ht.
Mon. Tucs.
Wed.
Thar.
Frl.
The
trade for
but good and
fine qualities are decidedly firm in
.
—
tition of the
Burton brewers.
s.
The following statement shows the imports and exports of
grain, etc., into and from the United Kingdom since harvest,
viz.,
from September
1 to
the close of last week, compared with
the corresponding periods in the three previous years
Wheat
cwt.
1871.
S.Sm.Mi
2,9.31.57.1
Barley
Oats
Peas
:
Boans
IndianCurn
Flour
1869.
IS'IO.
3.0fii).l«5
3,1M,3(W
61«,52«
5:tn,427
3il«,010
231,6«2
(iR8.n49
:,2in,ST6
.'AfMH
9ofi,.3(i6
d81,1.3-4
8«,r>59
.32,195
.301.099
88,379
111,516
S,0o6,9.30
3,n:«,;«0
l,171,M.'i
225,529
a07,5n
1,909,274
397,606
68.974
198,417
550,277
EXPORTS.
Wheat
cwt.
Bcrlcy
Oats
Peas
Indian Corn
Flour
to
399,179
757
4.W
1.851
5,167
255
242
410
Beans
The
17,436
387
235
1,S71
state of the
September
revenue
is
21,250
66
1,339
200.933
874
183,193
21,481
20
2,262
299.586
1,647
7,677
highly satisfactory.
"
"
(KedWinter)
(California While) "
"
.32
d.
6
12
12
13
341
891
1,844
From
April 1
31, the receipts into the
2
The Chancellor of the Exche£5,443,313 at the Bank of England, being
quer had as much as
about £3,800,000 more than at the same date in 1871.
There has been considerable discussion this week in reference
to the arbitration at Geneva, consequent upon the publication of
Sir Alexander Cockburn's "Reasons" for not signing the award.
On this question Mr. Lowe, in his speech at Glasgow on Thursday, in referring to the subject, expressed his regret that the
Lord Chief Justice did not take the course of simply signing the
award with the arbitrators, it being well known that he differed
from them in certain respects which would appear in the Trans,
actions.
He thought it a pity, when the thing is decided, when
3
3
11
12
18
2
13
30
3
3
6
2
3
41
.32
11
8
11 7
11 10
13
2
13
29
3
3
U
12
3
41
8
2
80
6
2
6
2
U
.3
3
41
41
d.
s.
;«
8
8(1
d.
9.
32
II
— Lard has declined
t
6
6
2
41
and cheese
6d,
Is.
Mon.
Sat.
s.
d.
Liverpool Produce Market.
Wed.
Tucs
d.
H.
Beef (Pr. mees) new f tee. 66 6
Pork (moss)
do ^hhl. 55
Bacon(Cuni. cut).... |lcwt 31 6
"
Lard (American) ...
40
Choose (Amer'n fine) "
62
tine
2
3
S
2
3<t
d.
s.
.32
8
12
13
6
6
Liverpool Provisions Market.
shows an advance of
s. d.
(1.
32
2
Corn (W.m'd),* quarter.... 30
d.
8.
««6
55
34
40
62
55
34
40
62
6
6
Thur.
666
."iS
6
6
31
6
40
63
Fr!-
dr
8.
d.
B.
66
55
34
6
fi6«
d.
s.
6«6
6
9
3!t
63
55
31
2
*
.39
'
63
U
— Common rosin and spirits turpen-
have each declined, while petroleum and tallow have ad
vanced.
Sat.
8.
d.
Rosin (com. N. C.)...$ cwt. 11
' fine
"
17
Potroleum(retincd)....¥B«l 1
6
Exchequer reached a total
"
of £43,316,.>j5, against £38,256,481 during the corresponding
(spirits)
Tallow f American).,. «
period of last year. The expenditure in the same period was Cloversccd (Am. rod)
£36,297,517, against £35,114,807.
s.
II
BarlcyfCanadian)....lRbu8h 3
Oat«(.^m. &Can.)....|! bush 3
rea8(Oanadian)...!8)nnartur 41
IMPORTS.
J872.
Flour CWeslcm)
?1 bbl
Whcat(No.2K'dW'n.8i>)» ctl
^'
1
cwt. 44
42
Hpirits turpentine...^ cwt. 43
London Produce and
Mon.
Tucs.
Wed.
s. d.
8. d.
11
6
B.
d.
11
8
6
11
17
17
5if 1 5>f 1
2>i 1 2>i 1
41 3
41
3
42
42
43
6
43
Markets.
Oil
decline of ISs., and Calcutta linseed
£
Sat.
8. d.
Lin8'dc'ko(obl).¥tn lU
636
Linsecd(Calculta)....
8ugar<No.l2D'ch8td)
.14
on spot, ^ cwt
Spermoil
S ton 85
"
Wlialcoil
-38
"
Unseed oil
35 15
Mon.
£
17
SJ^-
2X
3
o
10
636
34
008500
10
636
38
85
38
.35
2>i
3
s.
6
11
6
17
1
5,¥
1
2^
44
42
13^H
1
6
44
3
48
42
42
closes at a
oil
Wed.
£
d.
34
35 15
1
Frl.
d.
d.
higher.
8.
9
5X
44
42
42
Tucs.
£
1
— Linseed
Is.
d.
8.
10
Thur.
s.
11
17
00
15
s.
Thur.
£
d.
636
10
646
34
.38
0085
*
34
35
5
35 10
85
Frl.
s.d.
£
s.d.
10
646
34
00
00
85
38
35 10
n
COMVIERCIAL AND MISCELLANEOUS NEWS.
—
Imports and Exports for the Week. The imports this
we are bound to act upon it, and are not really justified ou any
week sliow a decrease in dry goods and an increase in general
feeling of honor or good faith in making any reclamation or quar- merchandise.
The total imports amount to $8,644,238 this week,
rel with what has been done, that the Chief Justice should have against 18,387,031 last week, and |9,071,599 the previous week.
thought it his duty to start up and renew all the strong argu- The exports are $6,335,767 ihis week, against $4,716,438 last
week, and $4,860,313 the previous week. The exports of cotton
ments and contests on wliich the arbitrators had decided. Mr.
the past week were 16,557 bales, against 10.335 bales last week.
Lowe also regretted that the arbitrators should have felt it neces- The following are the imports at New York for week ending
sary to deviate from the practice of ordinary arbitrators. They (for dry goods) Oct. 3, and for the week ending (for general
really were only like arbitrators between any two of us the only merchandise) Oct. 4
roHKION IHFOBTS AT NEW TOKK FOB THI ITBBE.
difference is that nations, instead of individuals, are in dispute,
;
:
and the award is a very large one.
founded on good sense and reason,
But the universal
practice,
in private arbitration is that
the arbitrators should not give the reason of their award, but
merely content ttiemselves with awarding whatever thoy think
is right under the circumstances.
The arbitrators are not really
judges— not
really a tribunal— but agents of the parties for settling a single difTerence, and clothed with no authority whatever.
They would have done more wisely had they abstained from
giving those difTerent reasons to which a " whereas " is prefixed
award, in which they seem to lay down certain proposi-
in the
tions of international
law which have guided them
They had power, undoubtedly,
sion.
1869.
1870.
1871.
Dry Roods
Qeueral muichaudlse...
$1,490,685
2,413.346
$2,963,406
3.889,229
$2,679,566
4,353,822
Total for the week.
Previously reported
J3,90J,n3l
236,412,729
$6,832,635
231,508,622
$7.0.^3,388
$8,614.2-:8
297,239,674
342,014.780
$210,316,760
$238,361,257
$304,273,062
$350,719,018
Since Jan.
1
.
,
In our report of the dry goods trade will be found the imports of
dry goods for one week later.
The following is a statement of the exports (exclusive of specie)
from the port of New York to foreign ports, for the week ending
Oct. 8
EXrOBTS PROM SEW TOBK FOR THE WEEK.
in their dcci-
to decide this case, but they
had not power to lay down principles of international law. They
were not a court constituted for that purpose their power was
gone as soon as they had made their award, and the principles
they have laid down cannot be established by their promulgation.
1872.
$2,108,985
6.535.253
t8«9.
l*reviou8ly reported. .
$4.574,.3.89
1871.
$5,nO!>,a^2
$6.22.5,767
136,984,679
179,247,619
171,363,333
Since Jan.
$151,9!6,583
$141,559,063
$181,256,701
.
1
1870.
1872.
$5 »M,S57
146,691,720
For the week
$177,589,100
;
They
are in themselves very disputable.
show the exports of specie from the port of
clew York for the week ending Oct. 5, 1873
Oct. 3— Str. Thuringia, HamOct. 3— Steamer Monro CasUe,
The following
will
:
Havana-
burgForeign silver coin
3— Steamer I'erit, Port au
Prince
American copper coin
American
$800
EuKllsIi
market Reports—Per Cable.
The dr.ily closing quotations in the markets of London and
pool for the past week have been reported by submarine telegraph,
as shown in the following summary
London Money and Slock Market.
—American
securities
The
rate of
discount of
is
now
the
Bank
six per cent.
of
England
has
been
silver coin
Total since Jan.
Same time
1871
1870
1869
1868
In
1,
silver
$19,855
Parthia, Liverp'l—
Silvcrbars
200
Oct.
5— Str.
77,950
Atlantic, Liverp'l—
silver dollars
1,992,898
Mexican
10,000
Total for the week
Previously reported
close
firm but quiet at an advance in '67's and new 5's.
The bullion in the Bank of England has decreased £773,000
during the past week.
advanced one, and
American
Liver-
5— Str.
Oct.
Oct.
$2.101.4M
57.974,805
$60,076,209
1872
I
Same time
$36,202,229! 1867
50,0.32,216
1866
26,92.3.036
1865
1
In
$42,449,212
.'>.3,915,i-a3
22,991,855
fi6,386,»37|
The imports of ipecie at this port during the past week have
Voen as follows
—
—
THE CHRONICLE.
486
Silver
1— Sir.
6,834
City,
3,920
or
Francisco,
Si.n
Total for the week
Previously reported
Total since January
Same time In
1,
1872
I
Same time
1870
$2,012,121
2,%!. 288
In
$4,974,009
tigation, the Seven-Thirty
$14,565,429
6,002,744
Neiv York, ProvIdeMce and Boston RR. Co.— Receipts and
expenditures for the year endini; August 31, 1872, were as follows
:
Balance
casli assets
from
last
annual report
Re
eipts
115
bonds sold on account construction
$83,060 13
911,020 74
115,000 00
Total
$1,109,080
509,106
169.866
77,056
Kipensos
Dividends
Intccest
Construction account
Balance cash assets carried to
interest (equal
now
to 8i currency),
and sold
at par,
they yield
an income considerably more than one-third greater than United
They are Coupon and Registered, the lowest
States 5-20s.
denomination being $100, the highest $10,000.
Nearly one-third of the Main Line of the Road will he comi)leted
13
The directors for the current year are Samuel D. Babcock, New
York James B. Johnston, New York Charles Morgan, New
York William F. Gary, Jr., New York Nathan F. Dixon, Westerly, K. I.
John A. Burnham, Boston, Mass. David S. Babcock,
New York Edward Morgan, New York S. B. Stone, Stonlngton,
;
;
;
the Northern Pacific
and in operation with a large business the present season. All
the property and rights of the Company,including a most valuable
$1,109,080 87
;
of
Bearing seven and three-tenths per cent gold
87
65
63,894 46
Total
Railroad Company.
00
28f»,157 63
new account
;
Gold Bonds
in
$8.2.'W,415' 1869.
8,259.T>4 1 1868
1871
those who have funds to invest in large or small amounts
who wish to increase their income from means already invested
other less profitable securities, we recommend, after full inves-
To
Gold
800
Silver
[October 12, 1872.
TO INVESTORS.
8Uver
Oct S— 8tr. Crescent
Havana-
$2,001,167
1—Brig Apollo, Hayagnez—
Oct.
!
Bermnda—
Sept 30-8tr. City of Mexico,
Vera Cms—
Oct.
:
.
Land Grant, averaging about
pledged as security for the
23,000 acres per mile of road, are
mortgage bonds now
first
offered.
All marketable stocks and bonds are received in exchange at
current prices.
Descriptive pamphlets and maps, showing Route
;
;
;
Conn.
Cbllllcotbe tc Brnnswlck._A sale of this road took place
recently under a deed of trust, recorded in the counties of Livingston, Linn and Chariton, including all the property and franchises
of the Company. The sale was to cover the second mortgage
of $50,000, with interest — subject only to the first mortgage
of $500,000, with unpaid interest since December, 1871 and
of Road, Connections, Tributary Country, &c., will be" furnished
on application.
JAY COOKE &
New
—
Banking House op Henb? Clews &
disposed of the following indebtedness:
Second mortgage
Floatinpdebt
Stock subscriptions
Co.,)
32 Wall street, N. Y.
$62,000
150,000
340,000
CO.,
York, Philadelphia and Washington.
Bills of
Exchange on England,
f
Ireland, Scotland
and the Con
tinent.
Total
$552,000
The purchasers were
Messrs. Jameson, Smith & Cotting, of
New York, representing the St. Louis, Kansas City& Northern
Railroad, and the sale was for $10,000. The road disposed of is a
branch of the latter, 36 miles in length, and has been doing a very
fair business, but does not cover the northern end of the line, 44
miles long, from Brunswick in the direction of Omaha. The
only indebtedness now on this branch is $570,000, all the county
subscriptions, and small floating debts having been wiped out by
this sale. Raihcay Review.
St. liOulK,
Kansas
OF THE Road.
City
— The sale of
&
Northern.
Jddgbment
Sale
the road, as announced pome time
ago, took place in September, under a judgment rendered in the
TJnited Siateo Court for $500,000, covering an indebtedness for
locomotives and rolling stock. This sale, it is understood, was
purely an accommodation, brought about for the purpose of vesting in the present corporation a more perfect title. T. B. Blackstone,
President of the road, and the C. & A. R. became the purchaser
for $45,000, or 9 per cent on the face of the indebtedness.
— The tracklayers on the Chesapeake and Ohio Railroad are
Commercial Credits for use] in Europe, SouthJ America, Eaat
and West Indies, China and Japan.
Circular Notes and Travellers' Credits available in all parts of
the world.
Also, Telegraphic Transfers of
Money on Europe, Havana and
California.
Deposit accounts received, bearing interest apd subject to check
at sight.
Certificates of Depost issued and Collections made.
and Railroad Loans negotiated.
CLEWS, HABICHT &
State, City
Co.,
Old Broad Street, London.
11
MONEY TO LOAN
On Cotton
R. M.
in
Warehouse.
WATERS &
CO., 56
Broad Street.
now
of the White Sulphur Springs, and advancing
down the new River Valley at the average rale of a mile per work-
RAILROAD BONDS.
some 50 miles west
Tile gap remaining between the eastern and western portions of the road is less than fifty miles, and will be clossd by the
last of November or soon thereafter.
The Western Divison of
the road from Huntington to Gauley is doing a very active coal
traffic; all the present supply of rolling stock can accommocate.
ing day.
Whether you wish to buy
—
The last link of fifty-seven miles of the Burlington and Mis
Bouri Kiver Railroad, connecting witli the Union Pacific Railroad,
in
running order, making one hundred and ninety-one miles of
is
that road now open west of the Missouri River. This read
receives lands from the Government, but no bonds.
or
sell,
write to
CHARLES W. HASSLER,
No. 7
Wall
N. Y.
St.,
DIVIDENDS.
The following Dividends have been
declared during the past
COJCPANT.
Cent.
iKSi.
week
B"*"" Ci^^"-
Railroads.
Baltimore
fiANKIKG AND FINANCIAL.
**
Deposits received, on which
annum.
we
made with
Savings Banks and others depositing large amounts.
issue Certificates of Deposit available in all parts of the
country, and bearing interest in case of special deposit.
We
We make
collections for
merchants and others in
Washington branch.
|Nov. 1.
Oct. 16.
.
all
parts of
the country.
Orders for Investment Stocks and Bonds executed at the Stock
Exchange, on commission, for cash.
We deal in Government and other first-class Securities, such as
Central Pacific and Chesaneake and Ohio Bonds.
The small amount of Chesapeake and Ohio Bonds remaining
In the hands of the Company, will be disposed of by us at
private sale, giving investors an opportunity to purchase this
Jt
19 to
Nov.
1.
The money
iNov. 1 Oct 16 to Nov.
$2
Friday £vehing, Oct 11, 1872.
OTarkct._At the date of writing our last report,
on Friday, 4th inst, the pressure in money was still in full force, and
commissions were generally paid on call loans in addition to the
full legal rate of 7 per cent per annum, or 7 per cent gold.
On
the next day reports were current in regard to the determination
of the Secretary of the Treasury to buy a large amount of bondr*,
and sell gold in proportion on Monday; and the transactions in
gold and stocks were certainly shaped in accordance with that idea
by parties who were apparently confident that it would be carried
out.
Money, however, continue I to be stringent, and it was not
until Tuesday afternoon that the full effect of the Treasury
operations began to be felt on the street, since which tlie rates for
money have been comparatively easy, ranging from 3 to 7 per
cent currency.
Business opened witli much excitement on Monday, in consequence of the definite announcement from Washington that the
Assistant Treasurer here would buy on that day $5,000,0i.0 of
bonds and sell $5,000,000 of gold this programme was carried
out, and the transactions were prevented from balancing each
other by depositing ihe currency paid for gold in four national
banks, desii;nated depositories, the Bank of Commerce. Fourth
National, Central National and Second National, thus giving the
bank rweirei tUe benefit of the whole |10,000,000, Tbe aoiioa
;
upon terms which should ensure an advance
upon the completion of the road and their introduction at the
favorite security
FISK
Oct
United States Express
allow- interest at the rate of
Special arrangements
*'
niscellaneous.
BANKING HOUSE OF FISK & HATCH,
No. 5 Nassau street. New York.
four per cent per
& Ohio
HATOB,
S
«
S
,
:
THE
October 12, 1872]
—
K
.
<
X
m
CHTtONICLTl.
of the Secretary of the Treasury has, under the circumstances,
been generally commended, as it has brolien tlie speculative manipulations in the money market and perhaps averted serious panic
and disaster. It is claimed, however, by some parties that if the
Secretary fully compiehended the needs of the gold and money
markets, he could have adjusted his purchases and sales during
7
'
487
can hardly bo assumed that the whole situation is such as to warrant the expectation of a strong bull campaign. Our miau'v market, though temporarily relieved, is not yet in a healthy condition, and stocks had not declined S) seriously as to furnish tlie
basis for a strong upward movement, which is generally re<iaired
under the circumstances.
'he following were the highest and lowest priced of tlieacti\e
previous raontlis so as to avoid the necessity of these excessive
disbursemeniB now. There Is also complaint that public notice listofrailroadandmiscellaneouBStockgOD eacbday of thelastwuek
of the operutions was not given a few days previous, and tliat
Saturday Monday, Tnesday. Wednead'y Thnrsday, I'ridar,
Oit. 11.
Oct. 5.
net. 9.
Oct. 10.
Oct. 7.
Oct. 8.
certain pirties were allowed to get knowledge of the intended N.T.CenAH.
K »2X 93>i; 93 9S\ 93« nx *3% '••X il3V 94}^ 91X •SX
tran.sactions on Saturday, and operate upon the strength of their Harlem...
IIOX UOH llOX UOV 111
111
HI
1I3H 114S i:as iiiv
Erie ...
48
i8X 48X H\ 4S
48X
4<x 49X 48
49H
information.
•71
•70
•71
do prei
7J
7!« '70), 72
7tx
71
70X loa •70
The rate on call loans to-day was generally 6@7 per cent, and Lake Biiore.... B6$<
8:^ 87X 85« 87K »Vyi 8-X 89K 8«X 89X 89
Wabash
68« r.9X 69
69
m'4 69
n 69K 71V 70 ».)J
7l3
e9H
in the afternoon as low as 3@4 per cent.
Northwest
69
7(IV 72
TlZ
71K
71H 72X 72
70X 71% 7IX VS
The Cable reports an advance of 1 per cent, in the Bank of
do
prof. IBX S6X
86J» 86X
86X 3«X W,\ 87V 87X 87H b:X 87X
RocklBland...
UOX
lO:
lOlsX
UI8X
109
105!k
108M
107X
106)i 106X
106H
England rate, which is now C per cent., and a decline this week St. l-anl
51
545;
53H 51
54J(;
54X 54X 56H 55X 55X '•m MX
nref...
in tlie bullion of £773,000. This important advance to 6 per cent.,
do
14
!4'« 74 V
70
78
HJd 74X -HH
5«
ohio« MiBBip. fix an 13X 48X 43V t4V '4V 16
44X 45X
45X t«
which is the highest point since the Franco-Gurman war in the CentralofN.J
""
99
100
IOOh 103
lOiii lOIV 103« li>»
I03X 1C3X i(r.'X 108
Summer of 1870, is regarded as a precautionary measure, in view BoBton.H&E.
8
8
*X 8X
8X 8Y
8X
8H
97^ 97X
Del..L. & W... 94
94 K B45i
9111^
r,n
»8K 98.;
96K 96^ 97
of the large amount of gold in London belonging to the Prussian Hann.
A 8t Jos 82 32
....
.H2V M
32 « 32M
SIX 31J< .i2X 3as •31
^48
51)
prcf
•48
do
52
51« 'IS
50
5U
Oovemment, subject to be withdrawn at their option. The Bank
UnlijliPacinc. 37« .MX
S8
.«x 3»V
38X
38X 3SK »^V ^m 3«v
of France loses 1,000,000 francs this week.
Ool.Chlc.&l.C. 3i% S4X
36
Si
35
35« asv
SIX S5K
M>i 34X 35
:i3
Panama
!43
143
113
142
144
143
U'% 144
Tlie last statement of our associated city banks showed liabiliUtH 145
43X
73 X 74X
West. Un.Tel. 6S3< 71J<
Ti\ 74X 7-iV
71 !< nn
71 X 72V
ties of 1313,754,400, and a total reserve of |51,859,600, being Quicksilver ... 43
•48 X 41
44
41
•ISX 44
43i<
43V 44
13M 13>i
•54
•54
!»
prcf..
do
54
54
55
55
65
....
$1,579,000 less than 35 per cent, of^the liabilities, a decrease of
54V 54V
PaclflcMall ... 75
76
76
19
8J
S3X 79 X 83X
78H
X 84
81
$3,729,035 from the previous week.
92
Adams Exp .. '91
'i:H 91X •91X 92V
•03X >4
9^.'X 98
TOX 69K <ix
The following statement shows the changes from previous week Am. Merch.Ex •«8V 69 •C8X 69X 69V 70
6:.X 70X •70
76
79
HI
United States.. 76S 77X •76
77V 79X 80
80X 80X •7H
and a comparison with 1871 and 1870:
ss
Wells, Fargo.. 85
1-7
87
88 S 865iSt
85
b7X •86x 88
8JS
•91% .... •91
931< •»IX MX
Canton
95
93X 96X 92
:
ma
m^
—
-
1672.—
Oct. 5.
.
Sept.
Loans and
ia.
Specie
Clrcnlatlon
NetdcposttB
Legal tendera
ll,9M,5J0
9,943.»0il
J7.7S5.100
195.450,000
27,604.a)0
186,15U,«)0
41.915,700
44.9i!,iiOO
...
IS70.
1871.
Differences.
Dec.
Dec.
Dec.
dla.... t2r.i.^93.S(% (269.310,300
Oct.
$2,433,500
flee.
Dec.
2,019,6(l«
130,9(0
9,299.800
3,067,100
Oct.
7.
8.
•
|29g.l56,'^m
10.276 100
30.200.100
(264.9011,000
22:,58:i.lOO
is7.:oo.o(xi
64,596,100
50.200,000
12.oOll.000
For commercial paper the market is not very much easier, and
the chief improvement is in the greater readiness with which paper
now sells. The best names are quoted about 11@13 per cent.,
with some exceptions at 10 per cent.
United
'
StateiK
Bonds—The
week has
great feature of the
been the purchase of .$5,000,000 five-twenties by the Government,
with the natural result of strengthening prices, both from the reduction of stock and the relief to the money market. There has
also been a moderate demand from foreign bankers during the
past few days. At the Treasury purchase of $5,( 00,000 on Monday, the offerings amounted to $6,980,200. At the regular purchase on Wednesday, $1,333,000 were offered, but none were ac
cepted.
The advance to 6 per cent, in the Bank of England rate does
not appear to have had a prejudicial effect upon the prices of our
bonds
Closing ])rices daily, and the range since January
Oct.
Oct.
Oct.
Oct.
Oct.
1,
.
ThlB
the price bid, no sale
iB
State
was made
,(
'.;
—
The Gold Market. The high rates on gold loans continued
during Saturday, the 5lh inst., although the price of gold declined
that day in consequence of large gales made by parties who are
supposed to have had intimations of the Government sale to be
made on the following Monday. By that sale of $5,000,000 (bids
to the enormous sum of $17,679,000), the stringency
in cash gold was relaxed, and the premium also declined to 113|.
Tlie market has since ranged between 112f and IISJ, and closed
Rates for carrying have been to-day 1, 2, 4 and 3 per
at 113|.
cent., and for borrowing, flat.
At the regular Trea. ury sale of $1,000,000 on Thursday, bids
amounted to $4,694,000. Customs receipts for the week have
amounting
,
been $3,743,000.
The following table will show the course of the gold premium
each day of the past week
:
quotations.
Open- Low- High- Closing.
Saturday,
,
•
—
—
have been:
—
,
the price bid and asked, no «aZe was njade at the Board.
in these stocks since January 1 has been as follows:
-Since January 1.since January 1.
.-Lowest.^ .-Highest.-,
/-Lowest.^ .— Highest.^
NTCen&HU. 91VOct. 4 lOlX Anr. jl Hann.&St.Jos 30),- Sept. 59X J"n. 17
Harlem
do do pref 44 Sept.lfi 7IX JaM.19
107X Feb.l2 i:w Apr. 25
Erie
30
Feb. 51 75X Mav20 tJnlonPaciilc. 28X -Ian. 5 iZ Apr. 1
do pref
60
Mch. 2i 87 May 20 Col.Chlc.&I.C. I9V Jan. 5 U\ May 21
>46
Jku.
Sept.28
72
LakeShore
S6X Oct. 41 98Ji .VIcn.80 Panama
Wabash
68
8ept.27| 80X Apr. 4 WeatUTeleg'h 67X Scpt.18 77X May S
Northwest
66X Jan. 5 35!< Apr. 2 (JulckBllver.... .'5X Jan. 13 44X Apr.30
Jan.l* 5« Apr 2»
8opt.2H 97X Apr. 1
prel. 30
pref. S4
do
do
Rock Island.... 105V Jan. 5:118x Apr. 2 PacincMall.... 58X Jan. 2 8JX May IS
JunelS 64X Apr. 1 Adams KxprCBS 8SV Sept.18 91K May 20
52
St. Paul
Oct. 4 83 Jan. 20 Aiii Merch Un. 59 Jan. 6 WV May 24
71
do pref
Ohio&MlBS... llXSept.lSl 51X Apr. 1 U.S. Express... 60XJan.ll 8JX July 1
May 21
Oct. 4 113(4 .Ian. 15 WeUs, F\&Co. 56xJan. 4 95
lei.tralof.N.J. 91
76
Jan. 6 Ut! Junc22
B:)ston,H. AE
3;< Jan. 21 IIX May 18 Canton
Del.. L. & W..
93X Oct. 4;112X Mch.l6
since January i
^-LoweBt. -,
6.
7.
S.
9.
11.
10.
Highest.-,
" U3K July 6
•110
Da. fund, 1881, cp. niox •110
•r.o
•liox
107 X Feb
•114
Sa,!!*!, Teg
•114^4
lisx
Sept.
U4K
:i4s 'ma
•!13X
117X May 25
•116
116
68. 1^8t, coup
ll«-<
i:4H Jan.
120^ June 6
115X
116)i 116
B-20'9]y62, coup.., •115
•lir.H •115
IISW •ii.ix "-l.55fi 109X Jan.
U6Ji Auk. 5
5'20'al 161, conp... •115
USX •I15)i •WA •115W •Ui.S 109K Jan.
:i«>i Auk. 7
5-20'all65, '•
•115^ 116 •114X li55< •118
... •115
Jan.
UOJi
U6Ji Auk. 1
5-20'BlMB,n"
..,
114K 114K 114J« IHK t!4X im% Jan.
117M June 6
5-20'8 1867. "
..
!1SS June 29
114M H4X IMX 114>i :u% lUK ir.XFeb.
5-20'8l868, "
... •USX •;nK
114« •114H •114X •IHX IIIX Keb.
inx June 3
•108
•108
•10, x 107
10-J«'8, reft
lOJ
10,
Keb.
llljii July 3"
•107H
•108
10-40*8, coupon
•;03
107 i
1U8
108 K 107XMcli.
113J< Aug. 16
Currency 6*8
111
lllH •niH •lllK -niJi •112
Oct.
Ill
117H May 29
Oct.
Is
/-
London.
in
This
The range
32 500,100
.
Monday,
at tbe Board.
TueBday,
Wed'day,
ThurBday,
and Kallroad Bonds. —Tliere
5.... ....;;4V
7.... ....i:3
8....
9...
ing.
est,
est.
U3V
VAX
USX
U3X
IviV
112V
112^
I12X
i;2x
iiav
lUX
U2X
ItSX
Balances.
Gold. Currency.
Total
»
Clet.ringB.
»3.8Si.ei8
8.0-1.253
3.832 857
3.S-0.'57
12.992.010
2,65;,164
o,S4-.612
2,504,16!
I90,!i!6,l»0
Ill
93 942.000
8S.:'5j.OOO
57.3i:.(IOO
68.1V3.0WI
1,:(»8.213
1.757,919
113
has been a little more
113
10...,
57,ri5;,(i00
1,563,5',4
1,916,671
II...
r.3x
112X
business in Southern State; bonds since tlie elections on Tuesday Friday,
1.91-.671
l„'S63..i64
456,sr:.ooo
and the relief to the money market Tennesses, South C'arolinas, Currentweek
i;4V
112J<
114V lUX
2,4iJ,3'ja
2,907,62S
4i>i.l2!.000
Itsvi
i;«X 1I3X
114V
and Virginias have been the bonds principally dealt in. Easier Prevlonsweek
109X 103X I1;'X
!12K
jan.l. 1872. to date
money has also led to a better business in railroad bonds; some,
Foreign Excliauge, Prime sixty days sterling bills are two
of these have recently been depressed by the circumstances of our
per cent higher than last Friday. The market was then at the
market, and prices are such as to invite inquiries on the part of
lowest point of depression, and business was done at 106} but
purchasers.
investment
with the relaxation in cash gold and money, and with few bills
Closing prices daily and the ranf^e since Jan. 1 have been
The
offering, rates have naturally laken a sharp ui)ward turn.
Oct. Oct.
Oct. Oct. Oct. Oct.
Since J
advance in the Bank of England rate to 6 per cent has also stiileued
7.
8.
9.
10.
11.
5.
^Lowest. -^ r-Hlghest.
the market, particularly for short sight bills. An important
SflTenn., old
W« •72
•i2«
V2X •,3
JuTie2i
72M
63H Jan. 5 75
88 Tenn., new.... •Wi<
V2X "12
72 «
72« 73
63H Jan. 4 75X July 9 influence from tliis time forward will be found in the demand for
•30
•30
89 N. Car., old
•SOX •31
30H June 1 38X Mch. 12
•17
6s N. Car., new... •18
15)4 Jan. 24 25
Mch. 12 short sight to repay the sixty-<lay bills so freely borrowed in this
•14
•44
•44
•44
6b Vlrg., old
41). July 22 59
•4IK
Jan. 15 market for some time past.
Rates are as follows
;
—
;
.
,
*•
" consolid'd
*•
*'
deferred..
68S. C.,n, J.& J.
6b
MUsourl
•»5i
•92
Cent. Pac. gold..
Un.Paclsf
Un. PacL'd
:
•50ii
•15
Ur't
Un. P. Income...
N.Y. Cen,6s, 1883.
•oO(4
•15
23 H
•50
•15
«
•92
s^a
n'4
99K
99
75X
87
75
99
88
76
78«
V8V
78
•91
•91
50H
•15
24
92
99?|i
76
«V
92
51
•15
21
n'A
•9»X
87K
•51
"15
24
92 K
•99*4
«8
761,-
79 H
••.12
•79
•92 H
•103 H
50
59X Mch.
15
21
40
98
Oct. 3
8ept.2C
22X Sept. 18
92
sept. IS
99
Sept. 18
86M Sopt. !8
75
Oct. 4
;7X Sept. It
91
Sept. S
Jan.
22
-.0
Mch. 26
June 24
105X June 6
94H Jan. 17
85
Mch. 19
88V Jan. 18
97
July
16
i8
•.ma •103«
100
May 4 103M Aug. 3
•113K
"102
N.J. Cen iBt m 7s lOJX •lOlS ,
lUlit •WIV lOlk' Oct. 10 108X Jan. 17
•104
Ft Wayne 1st m 78 •108 •1C3
•11.
104
103
Jan. 26 107i< June 29
•97
Clllc« NW.sf 7b •95
•97
•97
•97
•97
96K Sept. < 105 Jan. 16
RockLBldlstrn's •101
101« lOlX u'lx 'lOlK lOlX 10JMSepi.l9 I04K June 3
Erie Ist m.
.
•
Tnis
Is
the price bid,
no sale was made
London prime bankers
Goodbankcre
.1 dajra.
liuxasliojii
!!>sviSl'S<
no
lUrXialOSX
"
commercial
PariB (bankers)
27xa5 2-V
5.2.si|;sio 25
Antwerp
(.
iiox
a,
s.riv... 5.as
ltisKfitKi>i^'
5
5.2.1
'..S.-MX
....(4....
.......
Amsterdam
Hamburg
*'i«ift4li?»
411XS4I1S
?.'?'»
SllXL.tfl..-
Kranklort
„:'*'*'..
SwIbb
..........*.•....•.....•.*.
•
i'.\*
Bremen
41l,C.4:j.
5;^!;!:°..
ax<»>lSi
Prussian thalers
7-'!,*72X
The transactions for the week at the Custom House and SubTreasury have been as follows
•
at tbe Board.
Railroad and ITUscellaneons Stocks.— In our comments
upon the money market above we noticed that there were large
purchases made in stocks at the close of last week, and it is stated
that the parties who had been bearing the market were heavy
buyers. Whether this turn was taken by them on the strength
of private intelligence as to the government transactions on Monday, or whetlier they had become satisfied wiih their squeeze on
the market, is not certainly known. The general market has
been a<;tive and buoyant, and the highest prices were made to-day
on moi-t of the list, though at the close there was some reaction
from the highest figures. Although everything looks favorable
at the present moment, and stocks are springing up since the
heavy weight wliicU b»ii been preiitng them dowa In lemoved, It '
Custom
Honse
Receipts.
Saturday, Oct.. 5...
"
7...
Monday,
*'
8...
Tuesday,
S.
Wednes'y, •
.
Thursday,
Krlday,
•
lo...
"
11...
Mn.ooo
569,000
4-7.000
453.000
63",OS
49U,UU
411.000
90
7811120 19
I
07
4-7,146 9C
623.«12 51
675,233 04
»69S.:0li 0)
804.125 89
2,861,994 S8
•.::ff,X8 5-4
4.381312 13
861,477 96
Payments.
Cnrronry.
.
Gold.
I1S3..S56 .%
7S,-'77 II
2.6,861 25
6,115.-57 54
4S,4:-9
70
1,066,8^ 71
»s;o.lls
1
-.9
lSi,M8 70
3.320.309
6.9.6" 6 69
!,l'7i.it« 21
1
iSifii'i
43
12.711,006
Total
Balance. Oct. 4
BalanM.
-6ilJ)-Trea«UTy.-
-Uecelpts.Currt'ncy.
Gold.
»7fi2.431
Oct.
11
(54.908,190 21
(51.1M.701 02
New YonK City Banks.— The
(n.l5t,l?6 5«
(20867,778 42
following statement shows the
condition of the Associated Banks oi New York City for the week
endintc ftt the oommencement of bualnegs os Oct. 0) lA^^
:
—
:
THE CHRONICLE.
488
—
avasAax AMOvsTor
Legal
Net
Clrcnlatlon. Deposits. Tet\der».
Loans and
Capital
Rev fork
2.050,000
3.000,000
2,000,000
1,500.000
3,000.000
1,800,000
1,000,000
MerohMiU'
»8S0.8m)
482,500
6,8M,300
S02,C*)0
Ifecli&Qlcs
Union
A.(nerlca
Pflcealx
5.886,100
iiOS,**
2SI.40C
647,900
28J,000
651,000
136,800
City
Tradeuneo's
1,*>00,000
6iia,00C
PoUoa
Cbemlcal
MArchftnts KxchanKe..,
atllatln, Nxtlonsi
Butchers' & Drovers*
ICeoliaulcKaud Traders',
Greenwich
iiOHther MHnuf
Revepin Ward
ttaln 01 New York
American Bxchaufce
tlommerce
Oroadway
fesercantlle
PacIAc
Bepubtlc
Chatham
People's
Horth America
Hanover
irvinc
UetropoUlaa »
Citizens
Naanan
MarKet
Be. Nicholas.
Shoe and Lealher
Corn iSxchange
Ci)Qtlaentat
Cjnimon wealth
Marine
Ai,':ntlc
Importers and Traders*..
Park
Mechanics* Banking Ass.
Ur.tccrs*
north River
BaHtBlver
Mauufacturers A Mor
Pour;ttNawonal
CjiiUal National
Nftll::aal
Nliu.h National
Klrat (National
Third National
New Vork N. Exchange
Tenth Natlon-ii
Bowerv ''National
New York County
Gorman American
Dry Uoods
4. 47.1,500
8,781,1110
3,'J20,40O
4,811,600
3.698,000
1.^ 55,300
6,278,700
1,500.000
2,000,000
600.000
SOO.OOO
400.000
350,000
500.000
5,000,000
3,000,000
300,00C
1,500,000
500,000
1,000,000
500,000
1,000,000
260,000
lti.12J.100
H,1I6,600
.'i,llS.100
!i.8l5,800
S'iJ.SW
.1 6.800
513,300
3,5-2,100
2.48«,»0O
5,351.400
2.709,900
iTLfOl
637,600
2.203,200
773.6U0
1,4111,000
291,
486.7i)0
1,J(I0
.?,3I6,«)0
169,0iX>
210,000
19,800
98,400
46.700
14,000
300,000
a,0-fl,.iOC
1.235,000
1.500,000
3,610,600
2.5:l«.'.iOO
800.000
1,988 100
600.000
l,l«7.4('0
200,000
2,923.300
600,000
1.178,500
500.000
4.^,98,900
2,000,000
9 659,100
5,000,000
20,807.100
10,000,000
7.6;9.700
1.000.000
3 541100
1,000,000
1.823,500
422,700
4,655.300
8,000,000
2.2.'0,SOO
450.000
l,6»S9(io
412,500
3,618,300
1.000,000
2.146.200
1,000,000
2,18P,000
500,000
9,45! 2'JO
«,000,000
1,38U,.00
400,000
2,011,600
1,000,000
2.8'23,7(io
1.000.000
2,611,100
1,000.000
3,:t:;-'.700
I.IHW.OOO
.'.7ir2,'20il
1,000 000
S,;50,loo
a,OW),000
750,000
SOO.OOO
400,000
800.000
Oriental
»846.«I0
9,ilO
S63,30C
491,200
6.2^1,700
»3,0(IO,(XIO »:o.4i«.01X
Iluhttua Co
Se-'.on''.
DIsconnts. Specie,
3,819,800
4(8,6011
487,.T00
1.267,40.1
173,90<'
77.-'.100
!i,8.70.|
Cheshire, 6
550,800
971200
4,.387,8(10
6,181,800
6l3il,50C
2.925,40C
479,700
l,3;,'.,4»)0
5,600
2.3,iS,60O
2.46.i.!00
1,8*20,900
281.600
189,800
770.900 1,182.100
27,200
131,800
22.'2(I0
3.900
3,128.600
1,0^9.600
1,922,000
3.411,600
1.288,600
1,769,800
858,600
13O,.3ll0
S90.21K1
1.68»,'l00
!.!76.700
2,278,700
62.100
6S,100
18.900
5,300
21",603
10,300
<a,000
247,900
741,100
786,800
5,100
5S2,0OO
239,500
4,100
860,000
96,600
f96,900
951,000
43.(Xjo
3i5.9;l0
3.400
17,000
8 400
l.SOO
10,800
224.500
200
40.8(10
....
2,924,800
37,(00 1,461,000
267,000
73.000
693,(KX)
2:;..500
277,600
281,200
784,000
M.COO
268,100
b82,100
99 100
225,00
2.300
180,000
143,100
2.100
1,23.3,700
519.0O0
10.324,VOO
16,767,000
1,290,300
630,1(0
927,600
707.000
I,I46,OJO
11,293,0110
8,345,000
2.550,S0li
1,104,700
SlL.'iOO
237,100
260.300
629.100
\m.m
3.S4
IW
294,200
416.000
512,4110
860 000
131.200
S46,0;0
493,700
715.9H1
287.''00
578,000
448.000
18;.000
310.0110
96.3(XI
2,916 300
S,6O3,fil'0
161. ;O0
1SI.200
H.I.X'O
2:0 000
199 .-itlO
8,317 100
2,I"J,0CO
l.l-'iO,900
mi.'.W
1,102.000
1,098,100
5.:-i25,6(J0
l,483,'(IO
-,S:,M)
2,686,700
926 OCO
1,129.900
3,5-8 llfl
1,693,800
212.600
7J7.5CO
S35.5(«
4.3S,<W
307,200
9,91.3,900 27.6'.i4,200 16,15iJ.30('
41.015,701
5,866 600
1.I31.9C0
3,309,200
1,118,000
4,795,-00
1.564.300
1.0i3,;o0
1,7.36.700
316,»00
1.315,200
4.:;05,00n
S,9.32,50l|
2110,000
1.521.71X1
1,9:3,3110
325800
4,039,4011
5,.'i30,000
2.000.000
1,000,000
2,120,000
3UO.3()0 8.179.600
289,0(10
900,000
9i2,7(.'0
lO.l'S'l.fW
1,I62,S(XI
2,161,.30O
?4,42O,a00 269,«10,300
Boston Banks.
— Below
give a etateraent ot tlie boston
National Banks, as returned to the Clearing House, on Monda'V,
Oct. 7, 1873
Uanks.
Capital
Atlantic
Atlas
#750,000
1,300.000
1 ,500,000
Blackstonc
Boston
Bovlaton
Loans.
11.580.70)
2,810,400
8,606.700
i,(m,ooo
2,154.6110
1..56O,50O
I'-S.SIO
2,272.(jO0
500,000
Broadway'
Columbian
20(1,000
1,000,000
1 133,61X1
1,'200
174.900
265 too
152.600
188 !KIO
57,000
72.2-10
1.70J
3,,31X)
4','266
ITli.OOO
164.700
137,700
70,»00
144,600
111,0
117
Continental
1,000,0,10
1.986,700
400
Kllot
1,000.000
15.2'i0
200.000
2,707,80vl
Oli.iO!)
1,1X111.000
2JI5.100
60O.(K10
1.619,5'.X1
128,100
2.200
l.OW.K.IO
2,*.I9.»0
:,415 ,330
E\eiett
Kaupilil Hall
Freeman's
(lloSe
Himilton
7.T0.IXXI
Howard
1,000,000
Mirket
2,I.38.30J
1.5;:, 900
8auioo
MaRsnchnsetts
Miverlck
M^TChante'
Mount Vernon
New Kngland
North
Boston
Ol'l
Shawmut
Shoe* Leather
Btato
Tremont
Washington
800.000
400,000
S,0OO,00O
300,000
ifiito.im
1,0.».000
900,000
1,000.000
1,000.000
8,000.000
1,500,000
600.000
1,803.100
108.100
6,217.600
6"S.7I0
2.444.S00
2.S28.2J0
S.i.XXl.OOO
5,1H2,6(I0
7SO.0OO
1,782,400
3.889,100
4,716.800
First
l.CXXl.OOO
Second (Granite)...
1,600 000
swi.mx)
2,000.000
Bank of Commerce
Bank of N. America
B'kof Redemption.
Bankof
2d Mort,,
Exchange
1,500,000
1,000,000
1,000,000
1,000,000
Hide &I,eather
1,5(X1,000
4.S,700
9,200
2.714,600
8,419,200
2.4(X)
1,426,200
1,(>.)0,1W)
38,500
16,!00
; 2.600
II.-
7, 1891
300
60 000
1.215,7CX)
4.427,'2O0
83,800
200
1,915,900
4,6IM,90O
M,6(I0
S.'200
s.frTa.ioo
i.672.:oo
1,898,800
4,12.3.500
3,.'89,300
41,'200
4.061,500
Security
2,000,000
200,910
17.700
2.300
K0.900
4,2t!0
Union
Webster
l,0OO,UM
2.5,56.,30i;
6(H>
1,500,000
2,.S('5,600
500,000
1,909.000
3"0
200
U.5vere
Commonwealth
Total
»48.050.000
tl!1.693.4'J0
—
»773.6«)
\W
179.400
S4.0(X)
227,100
95.500
Manchester & Lawrence
Nashua & Lowell
Northern of New Hampshire..
Norwich A Worcester
Ogdens. &L. Chnmplaln
do
do
pref....
OldColouyA Newport
Port.,Saco A Portsmouth
Vermont A Canada
Vermont A Massachusetts
STATE AND CITY
do
do
do
9-1,900
136,-(I0
Philadelphia
old
6s,
#89.989.800 »25.705.9(10
#1.000.000
LOOOilXX)
615,000
459,8'
1,349,515
1000
I,4'20,ilSl
5.569
1,'XXI.OOO
250,(K)0
2,120,800
741 12S
l.noo.ooo
200.000
3,858,'Hio
1,61 -.',905
244
!6,0OO
S.200
300000
1,187,108
1,429,491
ar.i
Westerp.
Bank
01
Commerce
Glr.-ird
Tradesmen's
Consolidation
''^^y
Commonwealth
Corn K.xchange...
Union
Fl'st
Third
400,000
SOO.IXW
500,000
1,671.01)0
l.noo.ooo
3,748.0«l
.300,('(X)
l,ir25.1>KI
150,000
Seventh
2.50,(00
275,0110
gUhth
cntral
Bank of Kcpublic.
Security
Tot.U
695.390
2.58, 0(XI
300.(100
Blith
750,000
1,000,000
1,060
3,226
030..53i
318,000
483,600
268.000
162,025
218,232
181,0LW
273 761
797.7(10
457,01
3.»,94C
953,1HI
1,310.163
214,8-0
2^6 375
177 5i 5
ni,7',5
1,126.-127
:-40,r^0
623,314
1,407,(XX1
"12.000
2,81.8,(1X1
29'),44a
! 1S3,'.>S7
202,.355
5:16,000
17''.024
222.585
315.H16
752.106
815,939
373,154
270,0X1
85S,»04
209,360
4.50.0W1
21I.IXX1
91. -235
3,000
510 000
319.000
2.1S9,(XX1
11,000
(KS.0(«!
2:'7.5«1
2.989.(»10
1,558,000
SSUO)
193,000
261.334
135,000
371. 1«0
826,000
83.000
406.IXXI
94,1X1(1
l'2-',000
621 000
791 .MXI
2.510 000
219.35'i
1.051, ,100
1.061 .000
800 000
180,000
sj6(i.mj
....
a5ii,(xio
.390,(100
233,000
147,000
250,1100
Jersey State
Exempts
68,
J. (.'oinnsnl g
#150,8*10
»10.*I9,5W
do
do
do
do
do
do
*01
101
193
123 }i
,\5
*9i
b..
1876
1876
40
19V
do
do
do
do
'20X
V
5J
26k-
26>t
.56 1«
56«
54
56
881^
38
49
414,000
237,60(1
.579,0(10
A
8
2S»;
12
30
93
94
#40,e6:,io9
HlJ79,97o
84
96
95
do
2dm,
*89...
78, '80,.
fs. '97
CatawlBsa. Ist M.couv..'82
Juncllon 1st mort. 6s. *o3
A
(N.
89
87
80
Oiv;
,••.
101
V
99
M
9:x
6aol*90
68 0l*85
W.Va.)2dM.6a
3dM.6f
lOO
97
93V 94X
35'
86
9S
97
9!
98
86 \
93
* Connellsv.. 1st M.,7, *98 wm
do
do
157
I,5,V
sm
Cin. Bridge
Ham. A «.. Ist M., 7, 80...
do
2d M.,7. *85...
do
3d M.. 8, 77...
do
Cln.,
A
Indiana, let M.,7
do
do 2d M.,7, 1877..
Colnm., A Xenla. iBt M., 7, "90.
Dayton* Mich.. Ist M.,7 81..
do
do
2d M.,7, '84..
do
do
3d M., 7*88..
do To*do dep. bds, 7, *81-*94.
Dayton A West., Ist M.,7, 1906.
do
do
let M., 6, 1905,
tnd., Cln. A Laf., lat M., 7
do
(I. AC.) Ist M.,7, 1888
lunc.,Cin.A tnd., IstM.. {,'85.
Mttle Miami, IstM., 6,1883,...
r:]n. Ham. A Dayton stock.
Columbus A Xcnla stock rxd.
Dayton A Michigan stock ex d
do
8 p c. 8t*k guar
Little Miami stock
ex. d.
Cln.
91
103
102
Ham. Co.,Oliio6p.c. long bds.
do 7 p.c.l to6vra.
do
do
do 1g bds, 7 A 7.30t
A
85
82
88
6s
7-308
.
.
00
93
92
57
lOfl
lOl
7a
96
SB
98
85
^3
94
04
80
97
04
lOU
S'l
u
95
96
92
89
89
91
S3
88
88
80
78
78
E6
70
SO
931,
i;!6V 107
4.5
IS
1-5
6S
S9
93
105 Jj
1116
106*.
107
83
81
i4
.15
94
931.;
1
...
117
.
LonlST. C. A Lex.. 1st M.,7. '97..
L'^uls. A Pr'If., Ist M,, 6, "70- "78..
ft
Loiil8v,Loan.6.'81.
Nash. IstM. (m.s.) 7, Tl..
do
do
do
do
do
do
do
.
78, *8<l
7s. '96-1906
1st M.,6,l'-S0...
2dM„«,1875....
J«M
do
St Louis
««
«% 01
97
(in.B.16. '86-*87
do
Ao
do
do
common.
A Nash vllle
!iT.
93
da
2d mor(. 76, '90....
do
3dm. cons. i«. *!)5.
North Penn. 1st m, 68, '85
do
2d m. 7s, *96
IOh, chat. in,,'77
do
Oil Creek A Al. li.. eon. 7s, '88.
Oil Creeklst m. 78. *82
Lor. Loan
LOUIS.
Long Bonds
6s.
6b, S'.ort
do
Water68,gold
do
do (new)
Park68 gold
04 H
•«»»
83J,
HV
-7
87
86
"l
90
87
15
84
8B
99
94
S3
ffl
85
40
•'5
7''V
SOK
90
92
01
99
97
02
91
95
9!>
fO
North MlssourL 1st M. 7s
do
2d M.7s...
96
....
1-2X
82
82
si
SI
(Leb.Br.)6,'8« f/
do
IstM. (Mem. Br)7.'70-*76. 15
lstM.(Lcb.br.ex)7,*80.*85 '11
Lou.l/n(Le0.br.ex)6,*9.' S?
Con80l.l8tM..7,lS98.... T'll
.lefferson.,Mad. A Ind
Loulsv., Cln. A Lex. .pref
84
Louisville
00
81
ss
82
Water Stock 6s, '97. •iy
do
do
Wharf 6s
81
special tax 6s of '89. 81
do
96
Jeff., Mad. A I,l8tM.(TAM)7, '81
do
do 2d M.,7,.
SO
do
do 1st M.. 7,1906.... 88
L.
101
Northern Central 2d m, 6s, *85.
do
do 2d in, g, 6s. IIXK) 93W|
do2diii,e8,19'X)...i 87
do
That. m. do
'88
do
new 7s, IStXl
do
...
ConufCtlngOs 19(0-1904
R»i8t Penn. St morl. 7s, *.^*8...
95
ist
El. A W*msport,
m, 7s. *tC. 93 H
do
do
5s...,
Harrisbu'-g 1st mort, 6s, '88
H. A B, T, l6t mori.78,*90
*8'.l..
do
Little Schuylkll List M., 7. im;.
do
....
0..
A
Louisville 68. *S2 to '.37
do
68,'97to*98
Water6s, '87to
do
98
...
do
^d
do
;90C.'....
Lehigh Valley, Ist M., 6b, 1873.
do
do new 68, '98
do
do
do reg
do
do new 7s. reg.. iwio
Pom. A Hlglilstown
Penn A N. T. Canal
i«
i.oirisvii.i,K.
con8ol.,68, *9*...
Allan. l»t in, 7s, *73.
Cam. A Bur. Co.
....
"iS.
6s of "15
1884
«s.:90(>
1890 Pai-k 68
Ohio 68 of •75
do
do
Covington
....
'75
!)6
OINOlNNAri.
89
50
.S3S
57;<
.,
do
68,*83
do
68, *89
do raoit. 66,
....
....
.
<io
7 S-lOs, 1896.
ms
81J4
•
do 2dM.,S, F..6,'85.
do 3dM.,S, F,.6,190(
do 3d M. IT. &C)6,'r.
do Cons, (gold! 6, 1900
Pitt*.
Receipts
A Heading
...
91
Central Ohio. 1st M.. 6
.Marietta A CIn., lit M.,7, 1891.
do
do
2d M.. 7, 1896.
iNorthern Cent., Ist M. (guarl P
55
39>5
AC
90
9»J
6.
6b. Jan., A.. J.
Baltimore
do
Baltimore
Atlantic
Pennsvlvanla,
I16,M(>.000 #M,83J,03l
TO,83J,03l
Maryland
6e
7s
Camden& Aniboy, 6s,
#8.939.500
....
*,7.
KAL.-riinoRe.
conp...
V
2,610,9ia
8,686.900
1.481.500
1.150.000
2,169,000
500,000
400,000
Manufacturers'
Wilt 102
5s,
Belv\dercDelaware.l8tni,6.'77
do
do
2d M.,*.35
do
do
3d M.,*87 83
t3,:65,(««l
1
Pena
9RW
75
Alleghany Valley
811,4.12
2,553.(»X1
7s....
VVe«t Uranrhlfl m.68,*7S
ley Ist m. 66,
RAILROAn BONOS.
1,013.400
534,000
275,000
2.50,000
m.
Wyoming Va
Allet'hany City 68
do
do
do
do
Camden
loan
6b, '95
6s, Imp., *81...
6b, boat. '88.
'B.boat, *89...
6b, '1-4 ..
1*0
Union pref
821.800
241.2(0
285 .500
99.7<0
146 700
131 200
8i9.000
..
«3
do
Susquehanna
CoBl Co. bonds.
07 H
do
Union Ist mort. 6b, *8.5
117
#1,251,000
Kensington
do
do
68, *07, 6-10, 1ft... iniM loiji
do
10-15, 2d... lOlV 105
15-25 8d
do
107
Pennav! vanla
Schuylkill Navigation
do
prcf
5.72*2
Bouthwark
ist
conv.. g.'91
gold. '97
65
Morris
88,500
3.000
1(13
75
i3
l«l
Chesapeake A Delaware
Delaware Di-vislon
l.ehlgh Navigation
5,3l8..i00
800,000
600,000
250,000
12.1
West Chester
do
pref
WestJersej
CANAL STOCKS.
S87.8.X)
264,4IX)
559.1110
a
si'
c, 19:0 ll«!<
reg... l'J3S
'as
do
2dM.,
do
boat, '85
Pennsylvania 68, 1910
Schuylkill Nav. Ist m. 6s. '72.
do
2d m.,*82
Tioga
216,300
110,800
360.200
431.500
SI
6s,g..!9.0..
Morris, IBtM..
UO.NDS.
A File
Philadelphia A Trenton
Phlla., WUmlng, A Baltimore.
3.S40.8S5
Mociianics*
Bank N. Liberties.
do
A Snnbury
do
do
90 >«
106
i>hii.ai>e:lfi<ia.
(lo
M^.
.
.
62
66
81
Philadelphia
f5.-f2'.OOC
t31.(«Xl
g. m.7s.
Il3i<
UIO
preferred
PMlKrtclplila
,
Wllmlng. A Read..l8t M .,7, iw
do
do 2d Mort. 19«
PiltB.,Cln. A St. Louis Ts
Reading Coal A Iron deb. b.
do
mort. b.
do
CANAL BONPB.
161
Chesapeake A Dela. 6s. *82....
80
Delaware Division 68, *73
20K Lehigh Navigation 6», 'si
do
KR, '97....
do
187
conv.. '77.
1-10
.18
83,400
181,700
9i,9J0
328,600
129.600
;i87.9C0
••=
198.100
*" 219 6:10
1,(«X),000
2.f3i,000
2.150.000
M^
Connectlcnt River
Connecticut A Passumpslc, pf
mi,
Kaatern (Mass.)
;k2
Kitchburg
North Peiinsylvaiiia.
Oil Creek A Allegheny River.
4 41.31X)
2,0(XI,()00
8IO,0(X)
deb. bonds,
do
do
1st M., 6, 1889
Huntington A Broad Top. ..
7ii West Md, IstM., endoraed,6, '90
let M., nncnd,, 6, '90„
do
do
do pref.
13
do 2dM„endor8e(J,6,'90.
Lehigh Valley
68
68.14
Baltimore A Ohio stock
Little Schuylkill
48
Parkersburg Branch
Minehiil
52W 52V
Central
Ohio
Ncsquelioning Valley
iyi
do
preferred
87
B7>i
$1,500,000
';oni(ner(;lal
:.476.400
18
Sandusky AClev, stock.
Concord
C'.n..
New
!«)«
.
1,52
Cheshire preferred
Harrisb'g. Laneaster
.
Farmers and Mech.
do
do
do
do
Wester.iPenn.68.*98
6b. p.
do
do
1.-.6
do
do
pref.
Catawiesa
do
prel
ElmlraA Wililamsport
KImira A Wlllianieport pref..
I'lllLADBr.pniA Banks, The following is the average condition
of the Philadelphia National Banks for the week preceding Monday, Oct. 7, 1872
Hanks.
Capital.
Loans. BpT.le. L. Tender Depo9lt,«,Clrculnt*n.
Philadelphia
N.irthAmi'rlca
96
151
do
do
.,
98
A
Snnhnrv * Krte Ist ni. 7f,
Snnburv A Lcwistin ts
Warren 4- F. ist m. 7s, *96
41K West Chester cone. ,8, *91
West Jersey 69. *S3
do
iBtm.Os. *96
do 7s, '97
do
41
1.58
Camden A
191,000
6,11X1
13,800
Ist !n.fs.'97
Phlla.
Jirle ist m. 66, *81....
do
2d m. 78. '88....
Philadelphia Reading 6s. '8C
do
do
's. *«
do
conv. 78. '91
Phlla.
15
& Lowell stock
Boston* Maine
Boston A Providence
do
9SX
Perklomen
100
00
100,000
•iMX)
95
Boston
United N.
80,-300
4.000
4.100
6,200
100
84.100
2.360.6(X)
3,"23..5(I0
l.fXIO.OOO
l«epubllc...
City
Eagle
1.9.';7.0i10
8,9' Xl
94
Vermont & Can., new. 8
Vermont A Mass., Ist M.,6, '83
Boston * Albany slock
Specie. L.T.Note
fl.SOO
98),
55
do
.
AEk
Phll.,Wllm.ABal..68,'»l
Cln.,San.& Clev.,lstM.,
Kastern Mass,, conv.. 6. 1874.,
Ogdeosburg A Lake (."h, 88
Hartford & iirle, iBt M (iiew)7
do
do certificates..
Old Col. 4 Newport Bd8, 6. *76
do
do Bonds, 7, 1877,
Rutland, new, 7
'291,(iOO
we
97
7, '67
Alleghany County,
To'.al
WJ, 100
ie.SW
6r,,9,«!
19 2,3.600
1(X'
Portland 6b, building loan....
Burlington & Mo. L. G., 7
1621100
111
....
1S76..
127,200
416,300
'26
l.";0,000
4'3S0O
Currency.,
68,
6s Gold,
do
do
5«, Gold
Boston 6s
do 58, gold
Oiilcago Sewerage 7b
Municipal 7b
do
774,700
2.085,800
l3.-.,800
740,100
914,6«1
443.100
Massachnsetts
19."i,7lHl
250.500
1S,'.200
87.1100
S.S'IO
l.'.l',9oo
WO
Pennsylva. gen. m., conv, 191f
do
reg.
do
&
IINI
Slil.lH'O
&C.
,
Bid
»«OCBITIM.
,
10"
98
2,700
266.400
86..-|(10
ll.W5.300
BOSTON.
Maine 68
Hampshire, 6b
New
180,7c)0
H,.'00
481,400
65,000
1,100
15,I0>.711C
l.:«7,;iKl
Bid Ask
aKOCBITlKS,
1.523,400
I.* 5.000
1,154,600
131,500
277,100
1.^98,<oo
1.I6S.900
2,0io,700
854,100
2.078,8110
879,110
[October 12, 1872.
QUOTATIONS IN BOSTON. PHIlilflElPHLl, BALTIMORE
tW.KC
.'23 4'XI
.
... ..
.
80
loi
M
92
93
50
....
!3>lM.7»...
do
PaclflctofMo) lkiw.,gld,fc.
Kansas PaclIlc*6toct
9W.
f.91S1<
90
Missouri Pac.lic d«..
<A
...
.
13S
J
08
.
.
October
J
^
,
X
K
. .
. , ..
.
.
THE
2, 1872.]
..
AND
DKOORITIXB.
AND BONDS
NEW
IN
YORK.
nj-tive
Bid.
Ask
NEW YORK.
N. V. Central
State Bond*.
do
do
6oath Carolina *^
do
do
Jan, as July...
do
April* Oct...
ilo
do Funding Act. ISd*
<lo
do Lari1(;.13R9..I & .r
rto
do L..nd C, 18 J9. A ft
do
do 78
of IB^B.
do
Han.
&
ht,
17
-10
18
do
Ciinfol. ;b, 1902...
Chic, Bur. ft Q. 8 p. c. I8t M..
ItlCh.So. Tperct. 2d Mort....
an
Mich. S.
21)*
C eve.
Cleve.
88
88 Mont
Ss, Alab.
fs
A
f
::;•
68,1881
do68,
1S86
KentucKy 68
nilnola canal liondH, 1870
coupon,
6b
do
War Loan
1379
do
UO
do
do
do
do
do
do
do
do
101*
1C2
1877
1878.,
1874
&
Chic. Bur
.,
ft
95
pref
Indlanap
I'ltls.,
.t
90 Ji
42 H
Hartford
BOBt (SuinlnKt.)
21H
140
23
.45
Ft
W.
do
A
ft
Alton
pref.
St. Louis ft Iron Mountain..
St. L., Kan.c.ft Northern pref
South Side, L.I
Marietta
M
«e, 1R87
do
66, real estate...
\0i
825,
do
90'
2d Mort
Warsaw, B, D.
do
W. I).
do BurPn Dlv.
do
2dM..
ft
Consol, 7b
N, Haven 6s
ft
do
C3dar
Krie.lst mort. 78
do
guaranteed
Minn, ist M....
apldsft Mlnn.7B, gld
,».
Ist
M
,fe
7s
I.onv Island RI£ ist M. 7b
Winona
C. C.
ft
ft
St.
Pelnn*
1st
111
Ind'8 l8t M, 78. S. F.
Ciu.&Sp'dlstM,2ldirCCft
51
9ik
Ist .Vl,gld,
do
eb" LaCroBseft Mil.Ss,
Lufayctte, Bl'n
ft
I
LS& M S
iBt
M....
Miss. Ist
98 if
do
do 2d 7h, cur'y,
Arkansaa Levee bonds, 7b
Land
M.
'91
l^s
do
A
83X
too
94
lOJ
94
92>4
AVtiite
G
93 k
8«H
86>,
,
100
92
77
...
gold
Erie.
tio
Port Huron
ft
do
ft
I.
7's,
gold
do
St.
Jo.
ft
C.Bl.
Ist M., 108
ft
Ne()8ho7s, g-ild
Ohio sterling
do
do ex
8». Interest...
«
M
2
mig.Ss
Income
77
70
do
*
N,(>rleane
.
ctfs.
stock
.tacks.
do
„?*?
90
do
do
»T
"
do
*
Ist
„
ft
95
95
M.
91
84
92
i5
93
88
90
90
8:
ao
8S
*I
82
80
S7
80
75
98
g«
D., Ist M., ?s.
.511
ft
80
mtg..,
do
do
do
68
78
«0
stock. »
21
do
2ds,6s
lUO"
3ds 8a
92K W«at do
AI*„ Sa guar
r.a
Wilmington and Wcldon7s..''
:oi
do
Chft Ruth. Istm. end
do
do
lat M., 8£,
90
75
87
9p
90
43
IS
Vs.
A
100
94
81
97
99
45
83
Ao
stock
Spartensbnr. A Union 78, guarS. Carolina RR, lstM,7B(new>
do
do
do
82
78
85
.'
sp
80
85
93
85
87
2d
cerfs.Ss.
Northeastern, S.C., Ist M.8<. ...
Rome
73
SO
do
7a
do 2dnio.,8f
do
w
8«'.
Opelon8,lstM.8B
.Ifishvllle ft Chattanooga, 6s„
Norfolkft Petersburg Ist m.,8s
do
lOO
8)
TO
J?
60
do
do
N. OrIe«us
is
do
8 p. c.
Den. C,88,gold,W, D
Union ft Logansport 78
Utab Central 68, gold
do
A
do
3d m.,6B
do
4th m, ,8b
South weat. lUi., Ga„ lat
nju
lOu
Ss.
,.
W
'«
8b.
We8tp..ist,8e..
do lal end.
.North Ala, Ist M., 8a
Soulhside, Vs.. 1st mtg. 8s
do
2d m., guart*d<s..
Ilo
8s, gold, E. D
do
Sandnskv. Mans, ft Newark 78 M
St. Louis', Vandalla ft T. H. I-t 96
do
do
2d 8.7
st.L. &So*ea8tera 18t7s.cold SI
St. L.. ft St, Joseph. l8t,<«, gid
Southern Central of N. V. 78.
Teho
do
do
South
20 78
St. Jo. ft
do
do
ISclma.
St. L.l8t7«,gld
ft WiitiTlown's
ft OKdensburg78...
liondout ft- Oswcer) 7s. gold...
Sioux Citv ft Pacific 68
Southern Paciftc 6*8, gold
South Side (L. I.) 78
Stcubenville ft Indiana 66
do consold..
.
...
Rome, W.
Sonthcrn Minn, conslruc.
do 7b
do
Mobile
I
Rome
*2dm..8e...
Tenn.,lstm.,78
ft
do
2dM.,88
Orange and Alex., Ists, 6s
do
2d8, 6s
do
3ds, 88
;«y
do
4lh8,8s
38
Orangeft Alex. A .Man.lsU...
80
Rlchm*d ft reterb*g Ist ni., 78
90
do
do
2d in., 6b.
80
do
do
3<l ni.. Se.
Rich., Fre'kBb*gA Polo.«8....
do
do
do conv. 7s.
KIcb. and Oanv. isi cons'd Ss.
do
Piedmont 88.
dT
iBtB, 8s
L M.Ts.gid. end
do 7s, gold...
Rock
RockfM.R I.ft
Peoria
"
9i
gold
98
85
«7
as
*<
'-'.m"
do Income
L,
Montgom.ft Fnfaulalat Ss.gid
''{ state of Alaliama...
70
tMohileft Mont.. 8sgold,eud
''0
13}i
io"
(xj
78, guar
IVorfa, Pckln ft 1. 1st m.
Pitts. Cln. ft St. L. isi 7s
>*>
90
80
96
Oregon
Rome
do
do
.do
f5
95
6S
Oinahaft-SouthwesternRR.S's
gold.,
''8
;5
T5
93
60
lot
100
50
SO
70
67
83
91
25
90
80
l..'^'.",',-
.
7s,
.
.
.MontgomeryA
do
..
7s, iiuar.
80
40
TO
TO
90
S>
87
20
6i..
LItlle R.
ft
Mississippi
L.
25
lat 7s, gold, guar
do
78, Income
Mo., Knn, & Texa-' Ts gold
Mo. R., Ft., S. ft Gulf, stock.
IBt. M, 10s
do
do
do
2d M.. iOs
do
N. J. Midland If-t 78, gold, guar
do
2d 7b guar
N, T. ft Osw. Mid. Isl 7-, gold,
do
2d 7«, conv.
do
New York ft Boston 7s gold..
N. Haven. Middlct. ft W. 78....
California
75
80
»
W
^
Ml8Bl88:ppl Central, lat m.. li'
81
93
St
38
Montclair
ft
ft
do
j
Kansas City 4 Cameron lOs...
Kan. C, ft. Jo. ft C. B. Sp. c.
Lake Sup. ft Miss. Ist 7*8, gid.
do
do
2d 78
Leav., Atch. ft N. W. 7a, guar.
Leav Law. ft Gal., stock,
16
do
do
IstM., 108..
90
Louisiana ft Mo. Riv. l«t m. 7s 88^ 92X
Logans.. Craw. ft S. W. 88. gid.
116"
Michigan Air Line, 88
10:
Newbu'g br'ch
15
4S
1(0
102
40
,
do
IMcmpbis
a
74
78
^
97
Col. 7s, guar.
Memphis ft Charleston, Ist Ta
do
do
2d 78..'
do
do
aiock.
Memphis A Ohio, 10«,.
"'
R.88.gusr
78
stock
do
7s, certlf..
JCacon ft Brnnswlck end. 78 ..
Macon ft Western stock
Macon and Augusta bonds...
do
do
endorse'i
do
do
stock., ..
.,"'''.„
n"
gid,
&
Greenville
IV!H
ft Dec
do Feb* Aug
Gr
ft.
.52
^
'.
90
g'd, Juii
Pigeon
71
<5
8.5
C0I.& A., Istro., 78.
do
slock
ft Savannah ss. end.
do
Sr6
S7>4
106
7s, 1876, Land
7a, Leaven. Brch
IncoincB, No. 11.
do
No. 16.
Kal., Alleghan.
'•"
Savannahani. Char., Istm., 78 60
Cheraw and Darlington 78
80
EastTenn.ft (icvlgla6s
69
KastTcnn.ft Va.6s end.Tenn >0
K.Tenn., Vaft Ga.,ltl M., 78.. 90
do
S3
do
sl.vk...
Georgia R.R.. 78
96
90
85
do
Stotk
Kalamazoo ft South H. Jls, guar 12s
Kal.
n>
Segold,...
ft
Charlottf
do new. gid
fia,
a
M
!»
2dM.,7«
Charleston
96
trr.,
70
(3
70
-O
Gull conBol
do
do
end Savanni 75
do
do
10
stock
do
d«
do guaran.
Central Georgia. Ist M., 7a
95
do
100
do
stock
'
7s,
6b,
do
Atlantic
9i"
.7s,
!WI
to rallroadB,6s
do
81 J<
do
do
do
do
do
do
do
do
•5
tOs
RAILROAOa.
ist 7s, gid.
Oswego
Rinithtown & Pt. .lelf. 1st M.
St. Louis, Jac~. & Chic. Ist M
South Side, L, I, 1st Mort. bds
Sinking Fund..
do
Morris ft Essex, convertible...
do
do couatruttion.
rleflerson Rli, 1st Mori, bonds.
('.
104 ;<
100
W.
bonds, 78
do
do
do
2d 8^
Indlanap. ft Vtnceu. Ist 78,guar
Iowa Falls ft Sioux C. Ist 78...
Indianapolis ft St. Louis 7b.
.lackfon. LHnslii ft Sag. Ss...
Kansas Pac.'fS, Extension, gid
ft
n
consol. 66
Ala. AChatt.,lst.M,8(,end...
Ala. ft Tenn.R, iBt M..7i....
North Am. 6s. gid
ft
new
do
do
do
do
W
88 con
Cliic 78, gid
.Mo.itlcello ft P. Jcrvls7a,
ft
lm.Co.7.*8«
West. Union Tel., 1st mort.
I9V
7«
Mort
Boston, H,
'
ft
Gs,
»
95
W
TO
»
do
7s, new
Wilmington, N.C„««cold
89
85
enulp...
Nflsnv. 7s.
*
II
Indlanap., Bl.
9;,s
90'
new York
F.illB
T
62
Pet erabii rg 6s
Kicbinoncl 6s
Savannah 7s, old
7b.
European
93'
..
do
Peoria
m
,'U
C. R.R...,
Norfolk68
97'
93
ft Pcre M. Ts, Land Gr..
Fort w.. Jackson ft Sag. fa...
Grand R. ft Ind. 7s, gold. guar.
lOj
M
Pekin. Lincoln & Decatur IstM
117
117X Han. ft Cent. Missouri Ist M.
Atlantic Mall Steanudp
"
ia:< Cin., Lafayette ft Chic. 1st M
Mariposa Gold
-h iV Del. & Hudson Canal ist M...
do
n ef.
3X 3>i Atliintlc ft Groat Wi'Sl. 1st M
Tfusteea Certii,.,!!
., .''.''.,
Morris ft E-Bex 7s of 1*71
t^ulcksllvcr prplerred..
ii" .iV
N. V„Ncwf'l ft London Tel..
New Central Coal .,, .
61,S 66
G:tlveston,H. ft H ,7s, gold,
Krle.2d M., reg
Railroad Bonds.
Parlflc RR. Co. of Missonrl...
H y. Central 68, 18SS
Pacific R. of Mo. 1st 68, gold '^
do
""
100
Flint
W
M.
2d
Cln., ist
ft
In Dock
American Coal
Boston Water Power
Canton Co
Delaware ft Hndson cinaV,
1st
Rome & Watertown
inisccllaneon* Stocks
,
do
Bur., C,
To'edo, Peoria ft WarBaw
do
do
l8t pref..
do
do
2 1 pref...
Toledo. Wab. ft Western, prel.
Consolidated Coal
Cumberland Coal and Iron ..
Maryland Coal
N. .;, Land Improvement Co..
Pennsylvania Coal
Sprinif Mountain Coal , .
WlikcBbarre Coal
Sionx C.
do
o
00
do
ft Ojidens.
T. iliiute...
do
Consolidated...
2d
do
Chic, ft .Milwaukee Ist Mort..
Jollet ft Chicago, iBt Mort...
Chic, ft Gt. Kaetern, lat Mort,.
Col,, Chic, ft Ind. C, 1st Mort,
ChicEuar...
ft
Miss., Ist Mort«age...
ft
do
do
special..
SaratOKa
Rome, Watertown
St. Louis,
!««
EUzabethtown & Padu.
is
9S
82 Hi
St. L. ft Iron .Mountain. 1st
Mil. ft St. Paul, Ist Mort. 8s,, 106
do
do
do
7 3-10
do
do 78 gold
do
do Ist Mort,
do
do Iowa div..
Tol.,
MlBslBBippl, preterred.
Rensselaer
do
74
23)4
124
New Haven A
ft
ft
ft
p. c. Ko'tbds
Consoi. S. F*d.
PeniiiBula iBt Mort., conv.
06
90X
New JerBey
".,,.,
New Jersey Houthern
Dub.
3d Mort.
do
2d Mort
Jo
.Id Mort
do 4th Mort
Alton Sinking Fund,
do iBt .Mortgage.
do Income
do
do
90
M
Cln., lal preferred
do 2dprcl...
,. do
Morris ft RBHnx
Mo.,EanBaa ft T
N.Y., Prov.
Chic,
13l>i
.
ft ritts.,
do
do
do
do
ins
do
116
Ohio
Harlem pre!
Illinois Central
Jolietft Chicago
Lon^ Island
ft
do
*) 8
do
Cleve. ft Plttsb'irK. (tiiar
Central of New Jersey, scrip..
Col. Cblc. ft Ind. Central
D""T'Ue*. siouz Cltv ...
Marietta
Jersey Southern I8tm7s
Clove,
Qnliicy.
cm.
do
00
do
do
do
DutchesB A Columbia :s.
Denver Pacific 78, gold
Denver A- Rio Grande 7s, gold
Detrolr. Lansing & Laire M, 8s
Evansvllle ft Crawfordsv. 7s.
Erie ft Pittsburgh Ist 7s
do
2d 78
ft
do
do
Alton
do
pref
ft
('lev.. Col.,
New Orleans 5s
do
do 7b. pl.-dn
Grand River Valley 8a..
76
ritts.. Ft. W. ft ChlclstM.... 103
do
do
2d .Mort. 99
Albany A Su8<]uehanna
Chicaso
do
*!£
= „
do Land Grant
ft
8s
Nashville 6s, old
Mich. Lake Shore Es
DCS Moines Valley Ui, fs
Evansvllle. Hen.
M.
ri
Dan., Urb., Hi. ft P. 1st
7 irld
Detroit, Hillsdale ft In. RR.S's
93 j;
89
92
Pacific
101
M ort
103
2d Mort
9S
New Jersey Central, lat M., n. 101
do
do
2d
Mort.
100
„
do
(Not previously qnoted.)
ft riiciflc,
ao ss
Montgomery
ft
do
end.,
MoblleSs
6 IS, i/Id
Cleve., Mt. V. ft Del. 78, gold.
Connpcticut Valley 78, gold. .
Connecticut Western Ist 76....
Chesapeake ft Ohio iBt 6s, cold
do
13
7S
W
6s
new bonds, 6«
do
do
ChlcDsnv.ft VIncen
Chic,
bonds
MemphlBold bonds,
P^-
.
9.)
VIorrlB ft Kbscx, l8t
New
Kallroad Stocks.
Atlantic
iBland
ijhlc. R.
Bounty, reK
do con
«8, Canal, 1873
«8,
do
1874
6b, do
1875
68,
6s,
58,
\
(;a., 7s,
Lynchburg 6s
fcfacon 7s, bonds
'
St. Paul, 8s....
ft B.::. Ss
..
Evansvllle.
.
68,188.1
7b, 1878
do
Colnmbln.S. C, 68
'id
ft
51
Chariest on, S. c..7s, F*.L. bds, ,
6b, 2d M., Bid
Ist 7b, golfl..
Carthage
Dlion, Peoria* Ilnn.,8s.
O. (). ft Fox-4!. Valley 88.
tjnincy* Warsaw, 89 ...
93"
.
do
N. y..
Keokuk
93
do
do
Int. Bonds 100
do
do CoiiBOI. bds 93X
do
do
Kxtn. Bds
do
do
iBtMort.. 95 >,
Iowa Midland. 1st mort., 88...
daii. ft bt. Jo. Laud O rants...
do
do convertible
led., Ltw.k. ft Western, l8t M.
do
do
2d M.
97
do
do
78, conv.
99
rol. ft Wab'h, iBt Mori, eit'd. 9J.'<
do
iBtM.StLdlT. >8)4
do
2d Mort
91
do
Kquip. Bds...
86
do
C ons. Convert.
do
2d M. 1893...
SolncT & Tol., iBt M., 1890.
111. ft 80. Iowa, iBt Mort
;.
Galena ft Chicago Extended
do
2'! Moit...
.,,
tflrbiijan 68,1873
do
68,1878
Ohio
1111V
»
M
n
ti
»
8s
Col umbus,
.
dannfbal ft Napl«'fl utM..
Great Western, iBt M..I88'i...
'77
58
Now York
do
Augusta, Us., 7s, bonds
Charleston stock 6«
i
M,Ts.gld
Chicago, Bur. & t^utncynew 7s
»
Euf'laR..
ICs,
do
do
do
Indiana
.
CITIES.
Atlanta, Oa..7s
106
106
106
do
5th s.. do8B..
do
6th 8..doSs..
do Creaton '•'ran -h
do
do Chitrhou Branch
Burl, ft M. nn Neb.) Ist conv..
California & Oregon flB,pold..
California Pac. RR. 7's. iild....
do
lOJ
M
of 1876
Onio66,l.S75
do
Fund
ft
Soutbcrn Securities.
95
l'.'6X
Canada Soullicrn
Central Pac.7B, Kld,State Ald»
7'8. Bid .conv
do
Central of Iowa, ',8t M, 7'b gid
Bellev'left S,I11b. R. IstM.S's. 95
97"
llton ft T. H., I8t
lOU
102
do
do 2d M. pref
8S
10
do
do 2d M. Income.. 83;<
Jhlc. ft N. Western S. Fund..
97 j<
TsArk.CentR
do
ft
9*;
;<12
.
do
*Chat. K..
do
oflS92..
Arkansas 6b, funded
do
78, L. R, * n, S. iBB.
do
7e, Memnhls ft L. R.
do
78, L.R.,T». B. &N.O
do
7b, MIbs, O, ft R. BIT
Texas,
Tol. sinklnff
.
1875..
fta
do
P**^
Wsrrcii A FrankI n ;a, guar
Walklll Valley Isi 7», gold..
West Wisconsin 7s,go7d
do
do
do
do
99
F. 7p.c...
l.Sl.
Bing. 7», gusr
Piic, .-o. branch, Cs, gid
tVestern Paclflc, 68, gold
t"llra, riln. ft
III. Grand Tr'ink
I ax
Chic, nnh.ftMinn..Ba.. Si
Peoria ft Hannibal R. 8'8. ....
Chicflgo ft Iowa K. H's.... J
American Central 8a
Central Pacific gold Bonds.
99!< 99«
Chl.&SoutheaBtern RR.7'b...
Onion Pacific iBt M'ge Bonds, !«
88>4
do
Land Grant, 78.. 76X 78S Col. ft Hock. V. Ist 7s, 3,1 vrs
do
do iBt 7s, 10 yrs.
do
Income lOs
79
80
do
do "d ra, *20yra...
nilnolB Central 7 p. ct., 1875
102
0(tn!iectlcut 68
llhndij Inland 68
do
lOU
Buffalo ft Erie, new bonds ... 93X 91
Lake Shore PIv. bonds
92 )< 91
Lake Shore con. roup bon(l8.
100
do
Con. reg. bondi^... 99" RO
Pacific R. 7b guartM by Mo..
96
97
do
88
,.of 1910,
CalirornU7B
do
78. large bonds
Alabama
N
ft
Tol., new bonds
Cleve., P'vllle ft ABh., oldbds,
do
do new bds.
Detroit, Monroe ft Tol bondB.
Joseph
do
95H
,
do
88
88
1880
1888
cons, niort. gold bda..
,
Penitentiary
levee bonds
78,
6b,
r*r
thj"^
rnlon
Atchlsonft P. P.i,«8gold...
Atlantic ft PaclAc I, O. 6'b gld
Mc'ilBon, Top. ft S. Fe 7s tid.
Atchison ft Nebraska 8 p, c.
Bur. ft Mo. River, stock
do
do
Land M. 78..
do
do
2d 8., do 78..
do
do
3d S., do 8k..
do
do
4lh 8., do 8b..
.
Bufl.N. y, &K, l8tM„1877.,.,
B;ad. R. 78, 2d M. 8. F, 1885
do
7s, 8d Mort., 1875
aarlein, Ist Mortgage 7b
do Con. M.&B'kg F'd68.
llbany ft Susqh'a, Ist bonds.
do
do
2d
do
do
do
3d do
Mich. Cent. ,lBt M. 8s, 1882..,,
do new Donds
do new floating debt.
do
do
do
do
niiscellanoouM List.
1876
Long Dock Bonds
Loulslannfis
do
conv.
78,1865-76
7s,
<lo
tfs
do
?8,
do 7s,4th do
do 7B,5th do
^o
do new bonds
do
do cousol, bonds
do
do deferred do
Seorgta 69
do
Ts.newhondB
do
78, endorsed
do
78, Gold
North Caro1ltiH68, old
do
do to N. 0. R.R. Co..
Missouri
subscription.
78 1876
ilrie 1st Mortgage Kxtended.. Ii8)i
do iBt
do
Kndorsed.,
10:
do 7b, 2d do
1879
do 7s, 3d do
18S3
91
.'.
VlrijiolafiB, old
<lo
6e,
do
do
do
do FuudInK Act, 1868.
do
do
laes.
do new bonds
do Special Tai
Prices "P""""rewe^enl
list
STOCKS AND «BOUBlTlSA.
(D. S. Bonds QQOted beTore.)
Ten uesseo 68, old
du
do new
.
489
Railroad Stocks are quoted on a prevUnu page and not repeated
here.
c«»< value, whatever the par may be. " Lo cal Securities" are quoted
in a separate
tTOOKS
..
.
OHilONIt:LE
QUOTATIONS OF STOCKS
Government B<md» and
.
Tenn. IsU, 68
.
.
PAST HUE rOFPOXS.
Tennessee state Coupons
VU-i'lnia Coupons
ao
do
deferred..
Memphis City Coupons
NaataTlUe City Coupons
.
62
25
92
80
88
90
96
45
45
—
INTE9T.TIENTS
IIV
among
had the
of
effect
and many parties who
shaliing confidence in those institutions,
were formerly accustomed to deposit all
those bankshave
for thirty years at 8 per cent, interest for the relief of the
small savings in
their
some
since been inquiring for safe investments in
The subject has recently been presented to us
a practical light by the inquiries of a friend in behalf of a
poor woman who had |500 in the Market Savings Bank at
the time of its failure, and who is now possessed of $150, which
she desires to save, but not in another " savings" bank.
It is not dilEcult to find in our market some very good investments in sums of $100, as several of the leading railroad loans
have, of late years, included $100 bonds in their issues, for the
other direction.
in
very purpose of making them more popular. Such Is the case
with the Chesapeake & Ohio 6 per cent, gold bonds, selling at 85
without interest the Northern Pacific gold 7's at par; the New
TcorkA Oswego Midland, and the Lake Ontario KR. gold 7'8 at
par and a number of other railroad bonds. Most of the leading
;
;
known
railroad stocks
in the
New York
market are
also issued in
$100 shares. But when we look for investments in sums of $50
they are not so numerous. In the first place there are the government bonds, among which the 6's of 1881, the 5-20's, 10-40's, and
down
issued in sizes
5's are all
The
to $50.
5-20's are
and pay 6 per cent, gold interest, or
practically about fi per cent, currency on the investment. But the
uncei taiaty as to the premium on gold, and the trouble of converting gold into currency at each interest payment, are great
in gold
worth about par
objections for the small investor.
bonds we are only familiar with a single issue
made in such small sizes as $50, and
that is the land grant mortgage of the Burlington and Missouri
River railroad, better known in Boston than in tbis market.
of $50, are
Investments in sums of $50, or multiples
to railroad
of sny considerable amount,
therefore necessarily limited to stocks issued in shares of that
amount. Aside from Bank, Insurance, or other local stocks, there
are few of this sort. Among the dividend-paying railroad stocks
regularly sold at the New York Exchange we notice only four
the Harlem, Delaware Lackawanna and Western, Morris and
Essex, and Cleveland and Pittsburgh. Of these, the two list are
guaranteed 7 per cent per annum. In the Philadelphia market
nearly all iheir railroad stocks are in $50 shares, and some of
their substantial dividend-paying and guaranteed stocks offer a
better selection for small purchasers.
State, City
and Railroad Bonds on irlilcta Interest
In November, in New York
Alabama State
."is.
Ocorfe'iii,
A.
W. &
RR.
79.
lUinoia (Chicago
relief) 68.
Loiiitiiana Levo-.-
6i<.
Fundiiiges.
do
Michigan War Ts.
Albany City flu and 78.
do
A. & S, RR. loan
I
&
6s.
Cincinnati Funding 5s.
Wharf
do
do
Louitsville
do
'Mein|)hift
Cleveland
Railroad
68.
69.
do
Railroad
Savannah City 7«.
6s.
Bt. .Joseph C>lo ) Railroad 7e.
St. Panl City 79 and Us.
BiifTaio &, Erie 79.
Little Miami 1st m, 6s.
Memphis & Charleston
M
an,
of
H«w Jwiey lit u>. Tii.
Dayton
Ist
m
75.
consol. 7s.
Ind. Central
Pai.ific Ist
.
I
Louis
Louis
&
&
Southeastern
let m. 76.
Joseph let m. 6e.
St Louis. Vandaiia & T. H. 2d m. 7s.
Sdvaniiali & Memphis let m. 8s.
Sionx tUty & St. Panl, 1st m. 7s, gold.
do
do
1st m. 8s.
South Side (L. I.i Ist m. 78.
South Iowa &, Cedar Rapids let m. 78.
&
St.
Sullivan & Erie 1st m. 7».
Toledo, Peoria & Warsaw consol.
7:».
& Toledo Ist in. 7s.
& Waba.'^h 2d m. and equip. 7s
Wabash & Western 2d m. 78.
Great Western 2d m. 7§.
Delaware * Hudson Canal 78 of 1877.
Quincy
Toledo
American Dock
Danlelth
& Improvement Co.
& Dubuque Bridge 8s.
Wentern Union
A(i
Tel. Co. Ist m. 7b.
at)
general advantage. The Committee unanimously recommend a
liberal subscription to the bonds by the holders of the various
securities.
Lemuel Shaw,
William Perkins,
(Signed)
E. C. BArLET,
Joseph H. Converse,
Accompanying the report
of
Iters Phillips.
the committee was the follow-
specially authorized by the Court of Chancery, set against their
names respectively, and to pay therefor 90 per cent, of the par
value thereof and accrued interest, to wit $300 November Ist,
1872 ; $300 Decer-.ber 1st, 1872, and $300 January 1st, 1873, with
interest from November 1st, 1872, on each $1,000 bond, interest at
the rate of 8 per cent, will be upon all payments in advance. This
subscription is not to be binding unless the amount of $1,000,000
of the loan is subscribed for by October 26, 1872."
The Committee presented the following subscriptions to the
:
J. Gregory Smith, St. Alpai>er, amounting to $405,000
bans, Vt., $100,000 Joseph Clark, Milton, by J. Greeory Smith,
$100,000; B.F.Cheney, $100,000; Worthington C. Smith, $50,000; William Perkins, $10,000; Lemuel Shaw, $10,000; E. C.
Bailey, $10,000; Otis Drury. $25,000. Mr. A. O. Brainard signed
Samuel B. Sewall, $10,000; Daniel Shillaber,
for $3.1,000;
$10,000; F. Stewart Stranahan, $5,000. Subscription papers
were circulated through the hall, and announcement made that
subscriptions could be made at the Treasurer's office, after which
the meeting adjourned.
:
;
consol. 68.
Ridgefleld Park let m. 78.
SU Louis, Alton
T. H. 2d m. 78.
St.
$3,500,000, $700,000 of which should he left with the New England Trust Company as security for that amount of bonds due in
1875, leaving $1,800,000 to be placed, which the stock and bond» * * Though it would
hitlders were asked to subscribe for.
be desirable for the Company to receive the full par value uf their
bonds, yet in view of the 'state of the money market and the
necessity of making some special inducement to subscribers, it
has been determined to offer them at ninety per cent, to be paid
for in three installments, November 1, December 1 and January
This course would be in accordance with the laws of Vermont.
1.
The Committee are impressed with the advantage of investing all
the property in the Hands of the trustees in a corporation, and are
informed that the subject is now under consideration by the counsel in Vermont, who have been requested t.:' prepare bills to lay
The Committee were not
before the Legislature now sitting.
prepare J to report any scheme, but thought one under which the
capital of the Vermont and Canada Company and the Trust debt
should be represented by preferred stock on a new mortgage, and
the other securities should be lairly dealt with, would be for the
above
Richmond & Danville
St.
—
" The subscribers hereby agree to take the amount of the Vermont Central Railroad Company's income and extension bonds,
& Ind. Ist m. 76.
Pittsburgh 3d m. 7«.
do
THE REPORT.
report that the floating debt in every form above
all the available assets was, on the 1st of June, 1873, $l,528,fll4 85
of which sum about $1,300,000 had been expended for additions
to the trust property, which a corporation would charge to a construction aacount. The balance of the floating debt was the deficit between receipts and expenditures since the lease of the
Ogdensburg and Rutland roads. Considering the opinion of the
trustees, that the Ogdensburg road will pay a i rofit in 1874, and
that the Rutland, with its connections east of Lake Cham plain,
will be a source of profit in the course of two years, the Committee think it proper to consider the deficit on the leased roads as a
bonus paid for property and business facilities of great value to
the Vermont Central line, and for the removal of a damaging
competition, soon to have become ruinous. * * » If this debt
be funded it is estimated that the future earnings of the combined
roads will soon be sufficient to pay the expenses of running, the
rent to all the leased roads, the interest on all the classes of bonds,
except perhaps the second mortgage bonds. It, however, they
may not be able to pay promptly the rent and interest due December 1, they would issue scrip which they would expect to soon
pay off. The trustees recommend that the debt should be funded
in bonds, issued !»» the trustees, having thirty years to run, at 8
per cent interest, me bonds to be issued under a decree of the
Court of Chancery, of Vermont, which gives them power to issue
The Committee
ing agreement
inushing & N. S istm. 78.
N. Y. Central & Hndson River 68.
New York & Harlem 1st m. 7s.
N. Y. & Oswego Midland 2d m. 78.
N. Y., Prov. & Boston Extension 6s.
Oswego & Rome Ist m. 78.
Oswego & Syracuse 78.
Pacific of Missouri R. E. 8s.
Peninsular Ist m. 78.
Pitts., F. Wayne & Chi. 1st m. "E" 78.
do
do
2d m. '!," 78.
Port Huron * L. M. let m. 7e.
I'ort Royal Ist m. 7s.
Rensselaer & Saratoga consol 79.
Ionia & Landing id ni. 88.
Jackson, LanHiiig &, 8agina\r 3d m. 8b.
Indianapolis & Madison Ist m. 78.
Kansas Paciilc Isi m. 78.
I^ackttwanna & Bloouisbur^ Istm. 78.
Mich. So. & North. Ind. Ist sink. f. 78.
Ist m. 78.
Michigan Central consol. 7b.
Miciiigan Air Line 1st m. 8s.
Kalamazoo & South Haven Ist m 8a.
do
do
2d m. 88.
Milwaukee & St. Paul, E. D, Istm. 88.
Mississippi Central Ist m. "s.
Mobile & .Montgomery Ist m. Sb.
Morris & Essex 1st m. 78.
Newark, Somerset & Straits, lat m. 78.
N. H. Middletown & Wil. 1st in. 7«.
New Jersey Southern 1st m. 7s.
New Jersey West Liuc 1st m. 78.
N. O . .laclisoii f! (1. Nor. liirome 89.
New York & lioston 1st m. 78.
Hannibal .fc Najiles Ist in. 78.
Hannibal & Central Mo. Ist m. 7s.
do
do
2d in. 78.
Troy & Boston 3d m. 7s.
Union Paeiflc, Centritl branch Istm 6s.
Wiliainstowii & Tnrboro Ist m. 88.
Albany & Snsfinehanna 3(1 in. 78.
Atlantic it Grctt Western 3d in. 78.
So. Georgia & Florida 1st and 'id m. 7b.
Atlantic & Piicillc Ist and 8d in. 6».
Buffalo, New York & Erie
m. 79.
cedar Ra|i. & Mo. Riv. Ist m. guar. 78.
paid
income 7s.
m. 78.
Detroit & Milwaukee 1st m. 78.
do
do
2d m. 63.
do
do
funded 78.
Oakland & Ottawa 78.
•irie iBt m. 7s.
Bvansville, T. H. & Chi. Istm. 7b.
Flint & Pere Marquette Ist ra. 7s.
Flint & Holly sinking fund lOs.
Denver
New York City and County stocks.
New Orleans consol. 68.
(jenttal
&
Col.
Funding
&
do
68.
Hospital 7 3-109.
Water Worka
6b.
Is
Chesapeake & Ohio let m. 6s.
Chicago & Alton Ist m. 78.
Carthage & Burlington Ist m. 8e.
Winona & St. Peter 2d m. 78.
Chicago & Milwaukee 1st ra. 78.
Chicago & Southwestern let m. 78.
Cln., Hamilton
Cleve., Col.. Cin.
com-
pany.
the savings banks
viciniiy, last season, natarally
and
rOctober 12, 1872.
—
Sin^LL AmOVNTS.
disturbances which took place
of this city
As
;
The Vermont Central Railroad— Report of the Confernce Committee. Boston, Oct. 9. The Committee of Conference on the Vermont Central Railroad matters made a unanimous
report to-day at a large meeting, lecommending the issue of bonds
®I)C Kailrottjj ilTonitar.
{unded
—
THE CHRONICLE.
490
The
:
lt.8. UiTv,
VERMONT AND CANADA STOCKHOLDERS.
Immediately after the adjournment of the Vermont Central
meeting, the stockholders of the Vermont and Canada road assembled to see what action, if any, was necessary to protect their
Mr. F. A. Brooks was chosen Chairman, and gave a
interests.
brief account of the finances of the road, and urged a full attendance at the annual meeting, to be held at St. Albans on the 17th,
where new Directors are to be chosen. A committee of five was
appointed to receive and present the proxies of those unable to
attend. Messrs. Lemuel Shaw, William Mister, S. E. Sewall,
George D. Noyes and Charles E. Billings were appointed. This
committee was instructed to report a list of names for Directors
at the annual meeting.
Louisville and Nashrllle Railroad.— The following statistics of the Louisville and Nashville Railroad are from the President's report for the year ending June 30, presented at the recent
annual meeting:
Earnings Louisville and Nashville and branches, $3,309,844 53;
Memphis, Clarksville and Louisville (13 months), $505,358 78
Memphis and Ohio railroad, $938,570 68, Total earnings, |4,608,-
—
778 6»,
:
:
THE CHROMCLE.
October 12, 1872.1
—Louisville and NftsUvilleand branches, $1,907,125 57
Expenses
dividends, $038,541 expenses Memphis,Clarksville and Louisville (12 mouths), $496,840 07; Interest M.
C. and L. (9 months), $74,128 57; expenses Memphis and Ohio,
interest Memphis and Oliio, $342,487 38.
Total ex,$097,821 35
penses, including; interest and dividends, $4,403,936 04; showing
a net proflt of $249,85.3 9.5.
The bonded debt, as per last report, was $8,752,000. Total
bcindeddebt June 30, 1S72, $8,744,000. In this sum is included
city of Louisville bonds, without mortj;a}te, $849 000; making
the total debt for which the road is raortjraged $7,890,000. Memphis and Ohio Railroad bonds mortgage on that road, $3,500,000.
Total mortirage on all, $11,395,000.
Durinjf the year 7 per cent, cash dividend on the capital stock
interest, $2(>0,985 10
;
;
;
lias
been paid.
The
report of the Vice President and General Superintendent
for the past year shows an increase of gross earnin^rs on all the
lines operated by this company of 1.49 per cent. decrease of operating expenses of 3.52 per cent., and an increase of net earnings
of 14.97 per cent.
The company took possession July 1, 1872, of the Nashville and
Decatur Railroad, which will be run under lease. This will give
a direct line to Montgomery (when the south and north road is
opened) of 490 miles.
On and after October 1,1873, the company will operate 920 miles
of road.
;
Report or tbe NasIiTlIIo ic Chattanooga Railroad Company, —-The Nashville & Chattanooga Hailrcad Company owns
the main line from Nashville to Chattanooga, Tenn., 151 miles a
;
branch from War Trace (50 miles southeast of Nashville) southwest to Shelbyville, 8 miles, and a branch from Bridgeport, Ala.,
(133 miles southeast of Nashville) northeast to Jasper, Tenn., 14
miles. It thus has 173 miles of road.
The Nashville, Memphis & St. Louis Railroad (late Nashville &
Northwestern), wliich is now substantially owned by this company,
extends from Nashville we.st to Huntingdon, Tenn., 109 miles,and
thence northwest to the Mississippi at Hickman, Ky., 03} miles,
being thus 173} miles long.
The following is an abstract of the annual report
The cross eariiiii<j8 for the past fiscal year, from passengers,
fri'lght mid mail have been
$1,800,757 70
Total eipeuses
1,258,264
Net income
Out of
ft3
$542,492 77
this the following
payments have been made
Interest on company's bonds
$103,860
$2:1,^00 on State loaii. paid in State bonds and coupons, cost
14.220
Interest on bonds pjiict to U. S. Governmenl...
40, "00
Interest on bonds of Nashville & Northwestern Railroad, endorsed
by the Nashville & Chattanoo^ra Itailroad Company
2,400
DamaL'ee on account of Hood at Chattanooga in 1867
9,27.5
Capital stock bought in
1.319
Real estate and depot grounds
23,720
For locomotive engines
105,288
Expenses and lawyers' fee in settling with the U. 8. Government
claim
27,000
For new bridges
62,485
27 bonds on hand of the Nashville
Chattanooga Railroad Comnany 22 of the State of Tennessee, and 3 of the City of Memphis
nonds on hand. ..
35,812
&
00
00
00
00
66
62
54
24
00
65
;
Old dividends jiaid
Stock in Ed^ieheld & Kentucky Railroad Company, cost
6 per cent dividend on $2,021, :J73 30
Total expenditures
overpaid
20
1,063 06
165 00
121.294 40
$547,909 27
5,416 50
Amount
LIABILITIES CREDITED.
For new railroad iron
For new bridges
Real estate and depot grounds
$90,745 25
72,668 74
19,250 00
491
will give the shortegt ronte, via the Nashville and Northwestern Railroad, to Mobile and New Orleans, and much the thorlest
route to Memp'ais
The Fennaylvania Railroad and
Ita Guarantees,
\
issue by the Allegheny Valley Railroad Company of $0,000,000 7 per cent currency or 6 per cent sterling bonds was offered
in the London market, September 18, at 88 per cent specie oi
their face. The bonds are guaranteed by the Pennsylvania Kailroad Company, which agrees to pay £6 sterling in London, or
$35 currency in Philadelphia, for the half-yearly interest of each
bond for $1,000.
These bonds are to complete the " Kastern
Extension " from the main line near Red Dank eastward to the
now
Philadelphia and Erie road, at Driftwoi>d, which is to be tbe
line over the Alleghenies of the Penna. R.R.
As no subject connected with railroad financieriDg in this
country has excited more interest and discussion than the leases
and guarantees of the Pennsylvania Railroad any utterance from
the officers of that corporation in relation to this matter is
looked to with great attention.
The following letter was written by the President, J. Edgar
Thomson, to the London bankers who recently brought out the
above referred to loan of $6,000,000
" With reference to the railroad bonds bearinpr the guarantee of
the Pennsylvania Railroad Company, which have been from
time to time )daced upon tbe English market, I am glad to
furnish you with the following information, showing the object
of such guarantee, and that, irrespective of it, those securities
are amply provided for by the revenues of tbe lines upon which
they have been issued.
" When the Pennsylvania Railroad was constructed, all railways in the West leading toward the seaboard were extensions
ot the New York Central Railway system, and built in its
interest.
It therefore became necessary to the success of the
Pennsylvania Railroad Company that it should secure lines under
its own control extending from its western terminus to the commercial centres of the West, viz., Cleveland, Chicago, St. Louis,
Cairo, Louisville, Cincinnati, &c. All of which it ha« accomplished.
To enable the railroad companies chartered for this
object to build the several lines desired, the Pennsylvania Railroad Company lias, from time to time, purchased their securities,
and it is the bonds of the leading lines thus acquired that the
company has offered for sale under its direct guarantee such
guarantee being strictly confined to the bonds of companies in
which the Pennsylvania Railroad Company holds a controlling
low grade freight
:
—
interest.
"All of the lines west of Pittsburgh controlled by the Pennsylvania Railroad Company, either by lease or otherwise, have,
for convenience of management, been transferred to an organization known as the Pennsylvania Company, by which they are
worked as one system. In the Pennsylvania Company, the Pennsylvania Railroad Company is practically the only shareholder.
The results of the first year's operations of this company show
that, after providing for the expenses of working its lines and
the payment of all rents, guarantees or interest on securities for
which they or the Pennsylvania Railroad Company are responsible, there is left a surplus profit exceeding one and a half
million ot dollars.
" In respect to the guarantees given by the Pennsylvania Railroad Company to securities issued for the construction of lines
worked by them, as part of their parent system in the State of
Pennsylvania, tliey are not called upon to make any contribution,
the income of the lines guaranteed being sufficient to lulfill all
their financial obligations.
" Whilst it has been the policy of the Pennsylvania Railroad
Company to encourage and aid the construction of lines leading
COMP.\RATIVE INCREASE AND DECREASE.
The large increase of $434,821 45 in receipts of freight last year from its railway to the trade centres of the West, and as feeders
over the year previous, is as gratifying to the directors as they to its main line, by extending its guarantee to the securities
issued for the purpose of raising the necensary construction
trust it will be satisfactory to the stockholders.
The falling off in passenger earnings, and from rents and funds ; so carefully and judiciously have those lines been selected
privileges is theexperienee of all principal railroads in the South; with reference to their remunerative character, that so far from
which leads to the conclusion that scarcity of money was the prin- the guarantees given by the company becoming a burden to it,
the leased and guaranteed lines are, and must continue to be, in
cipal cause of this falling off.
the aggregate, a source of direct and large annual profit.
NASHVILLE & N0UTHWE8TEBN BArLROAD.
" The net revenues of the Pennsylvania Railroad Company
This road, now purchased and operated by the Nashville &
Chattanooga Railroad Company, shoHS the earnings from freight, from its own lines have always been more than sufficient to meet
passage, &c., to be $016,329 78. During the same time $983,520 the interest upon its whole indebtedness and an annual dividend
has bt en paid on account of operating this road, renewing the on its capital to its shareholders ot 10 per cent, while It has at
the same time accumulated a large contingent fund and also
track and bridges, purchasing equipments, &c.
The notes ot the company with interest have been given for provided a sinking fund, which, with its accumulations, will be
these amounts, falling due at difTerent dates in the next twelve sufficient to pay off the whole of its mortgage indebtedness at
months, to which will le added $31,340, the cost of the "iron maturity."
Total
new
liabilities
$182,663 99
'
—
Allegheny Valley— Consolidation. The managers recently
Tennessee River bridge at Johnsonville.
of this road Increased over the year 1869-70 took formal possession of the Oil Creek and Allegheny River
$300,340 01, and over the year 1808-69 to the amount of $303,395 Railroad, which was itself a consolidation of four short lines to dif26, from the beginning of which year we may date the opening of ferent parts of the oil regions, whose total length is stated at 100
this road lor business, practically, although in bad condition at miles.
Capital stock of final consolidated company, $4,3,50,000.
that time. The road will now compare very favorably with most The terms of purchase of the last named railroad are not made
of the Southern roads.
pnblic.
It is a single track railroad
one bran:h standard gauge
To operate this road and bring it up to its present condition, and the other broader, witii about 30 locomotives and 200 cars,
adding the amount paid for cars, and increase in motive power, and heretofore has been a good paying railroad. William Phildepot grounds, &c., has cost $831,937 50 over and above the earn- lips, Esq., of Pittsburgh, has been elected President, in the place
ings received from it, counting from the 1st of September, 1808, ot Edward P. Gay, Esq., who resigned as President of the merged
date of first lease. Its importance to the Nashville & ("liattanooga company, but who still retains that office in the Philadelphia and
Railroad as a connection is shown by the through freight business, Erie Railroad Company.
Catawlftsa Railroad I.eased to Reading. The Philadelamourting to $343,063 91 for the last year, while for the year previous it amounted to only $75,178 04.
phia litqnirer says "That the Reading Railroad Company has
lea.seii the Catawissa road is now quite certain
n0.\TINODON & .lACKSON BllANCtl.
the legal instruThe construction of the branch between Huntingdon and Jack- ments consummating this important change were signed by the
son was postponed until the tit'.e of IheNashville and Chattanooga officials of both corporations yesterday. tJnder the terms of *h6
, Railroad Company to the Nashville and Northwestern road could
lease, the Catawissa road, with all its properties and franchises,
dearly eBtabliBhed, about wUleb tUere is aow no doubt. Tbia passes under tbe ooatrol of tbe Reading for nine buadred and
draw"
in the
The earnings
;
—
:
;
^
.
. ..
.
THE CHRONICLE.
492
-»e
[October 12, 1872.
'the
supposing that the recent action by the Chancellor restores
"
companies to their original position of independence.'
fVestern Union Telegraph Company.— A meeting of the
Directors of the Western Union Telegraph Company took place
on Wednesday, at the offices of the company, 145 Broadway.
276,116 shares, or $2,731,163 of the stock of the company were
The following directors were elected William.
represented.
Orton, James H. Banker, Horace F. Clark, Alonzo B. Cornell, Harrison Durkee, Augustus W. Greenleaf, Edwin D. Morgan, O. H.
1876, and ever after, seven per cent.
Palmer, Augustus Schell, John Steward, E. B. Wesley, Hugh
" Holders of preferre<l C^atawissa stock are granted the privilege .Mian, Nathan A. Baldwin, William D. Bishop, Ezra Cornell,
to subscribe in the ratio of 43 shares for every 100 shares in stonk, William E. Dodge, Shepjiard Gandy, Norvin Green, John A. Orisand to pay for the same by relinriuishing all claims -for arrears wold, Wilson G. Hunt, George Jones, C. Livingston, E. S. Sanof dividends. In case the receipts for any one year fall short of ford, Hiram Sibley, Z. G. Simmons, Moses Taylor, Daniel Torrance,
the aaiount named above, for said year, the Reading Railroad George Walker, Stillmau Witt. The Secretary presented a full
Company have no claim on the receipts of any other year. That report for the year ending June 30, 1872, showing the following
thi* lease will be mutually advantageous there is not a doubt."
At the 1st of July, 1809,56,033 miles of line were being operated,
The Catawissa railroad extends from Williamsport to Taraan- which made an aggregate of 121,151,000 miles of wire under the
end, in this State, a distance of ninety-four miles. In 1871 this control of the company. Under its supervision and direct mancomparatively short line carried 42,971 tons of merchandise, agement wore 4,606 telegraph offices, all of which possessed an
mostly coal and iron. The earnings for the past year were From exclusive operator. In June, 1873, the time up to which the premiscel- sent report closes, 63.033 miles of line and 137,190,000 of wire
mail, $4,944
passengers, $73,570
freight, $559,793
laneous, ^16,041. Net revenues from operations in 1871 were $202,- were under the control of the company, employing 5,337 offices,
514, from which was paid for the year a dividend of 7 per cent., in all of which there was an operator. This showed an increase
disbursed somi-annuallv. The stock of the road amounts to $3, during the year of 6,000 miles of line and 16,039 miles of wire,
The cost besides wliich 637 offices were created in various parts of the
3-59,500 the bonds to $1,740,350 a total of $5,099,850.
of road and equipment is $5,126,.500.
country, in addition to those which had heretofore existed. On
Netr Jersey Central Railroad, and Delaivare, liacka- June 30, 1873, 8,347 persons were in the employ of the Western
tvanna and AVestern. In the case of the Delaware, Lacka- Union Telegraph Company. The messages sent over the lines of
wanna and Western Railroad Company against the Central Rail- the company during the year numbered in all 12,444,449, which it
road Company of New Jersey, in which the Delaware, Lacka- had been found was an increase on the previous year of 1,798,433
wanna ani Western Company seek to enjoin the Central Com- messages sent over the wires of the company. During the year
pany from paying their October dividend, because it has not been the gross receipts of the company amounted to $8,457,095 77,
earned, and because the joint committee of the two companies did counterbalanced in part by expenses which added up to $5,066,not authorize it, the defence set up by the Central Company was, 863 16. This exhibited a net profit of $2,790,333 01., an increase
that the agreement is invalid, because a copy of it was not during the year of $819,646 93 in gross receipts, $563,075 97 in
within thirty days after it was made filed in the office of the Sec- expenses and $357,570 95 in net profits. The report here oxpati
retary of State of New Jersey, it being claimed that the statute ated on the encouraging increase in the affairs of the company,
of said State makes it necessary that such an agreement, in order and then returned to figures.
TUE PBOFITS.
to its validity, should be thus tiled. But the Central for months
For the past six years the net profit accruing to the company
after the expiration of the thirty days, acted under and recoghas been $17,116,694 23 above all expenses. Of this sum $4,8.56,ni'/.ed the agreement as vali', and they have not, until the argument commenced before the Chancellor, intimated that it was 879 34 has been distributed in dividends, and $1,898,401 98 has
invalid because it had not been thus filed. The injunction was re- been distributed in paying interest on the Western Union Comfused by the Chancellor.
pany's bonds, and $10,361,412 91 has been expended in construcThe Evening Post of Thursday says: "The President of the tion and maintenance of new lines, and in tho purchase of teleCentral Railroad of New Jersey, in a card to the Tribune this graph patents, &c. Then followed the exhibition of several
morning, construes the decision of the Chancellor in the case of minor matters, and also of the new duplex telegraph. It seems
the Delaware, Lackawanna and Western Company against his that this new invention, which has been placed in almost general
company, very differently from what is warranted by the printed use upon the Western Union Telegraph wires, has the advantages
reports given of the case, which say that the Vice-Chancellor. in of being able to send messages botli ways and at the same time
giving his opinion, said he considered it clear that the agreement upon the same wire, thus saving both time and expense. This
between the companies should have been filed but the question advantage is self apparent compared with the old plan of sending
whether omission to comply with the requirements of the act messages by one wire, which could only transmit them in one
rendered the agreement absolutely void notwithstanding what direction.
has been done under it, was open to doubt. The Delaware, LackThe report concluded with a general reference to the favorable
awanna and Western Company have taken steps for appeal, and it aspect of affairs regarding the company's business. It was ordered
seems clear that the President of the Central is mistaken in [to be printed and to be distributed when ready
ninety-nine years, the lessors to pay 30 per cent, of the gross re
celpts per annum, and the lessees bind themselves to pay prompt"
ly the interest on all the funded debts of the Catawissa of whatsoever nature; and further, to pay to the Catawissa company the
first vear $154,000 in cash
the second year the interest and
$178,000; the third year the interest and |302,000; the fourth year
and ever after, the interest and $326,000. The Catawissa railroad
is to issue $1,000 ,000 new stock, to bear interest in 1874 of twoand
one-third per cent ; in 1875 of four and two- thirds per cent, and in
;
—
:
:
;
;
;
;
;
—
;
MONTHLY EAKN1NG8 OF PRINCIPAL RAILROADS.
Atlan io
&a. w.
1871.
(585 m.)
1872.
(585 m.)
— Chieaeo and
$353,235
342,-369
.329,171
.342,896
.384,!)99
3T8 021
;M8,039
408,6 6
388,964
461 290
466,097
381,644
48-2,987
;S497,.519
53.3,655
5.34,163
607.iil7
-175,608
473.227
1441,197
I44M97
1401,263
gj 4.5.5,608
gl 377,687
4,819,404
5,2:8,910
(351,342
324,210
.395,764
372,.397
39.3,2:M
f
445,644
j
3<)9,010
43.5,501
A408,6.')8
374,S:«
410.606
417,903
472,110
,J;
.376,386
505,0ti9
H«n. &
St. Jo.
1872.
1871.
(275 m.) (275 m.)
$169,3il6
Laks Shore & M.S. Ind.
1871
198.3.-]6
2:17,560
187,:i61
217,319
170,5i4
n2,;;57
291,815
297,243
301,913
2.52,497
17.5,401
1,2.51.511
1,470,018
1,6-21,518
1,474,467
1,311,110
1,204,443
1,440.8(3
1,587,869
1,1.30,847
I,295,:i69
1,.368,!M8
2,902,804
.
ft
1,:)4.5,316
95,787
92,151
Ko.^
m.)
lari.
(471 m.)
$218,7:i5
2.54,319
1872.
(205 m.)
105,076
99,441
109,830
114,842
12.5,286
.
.
.
.
.
100 ,868.
100,860
117,408 .
.
Iron Mt.
1871.
(210 m.)
2-36,341
2.38,8-i3
$126,218
122,372
319,964
285,416
327.404
144,6:!7
29.5,160
12<l..590
2*1.7:J2
269,559
286,(37
265.406
315,699
1
17,6<^
114,786
118,016
131,489
141,165
175,792
Wars'w.
1872.
(210 '«.)
173,707
1871.
(219 m.)
1.56,292
182,0.55
178,68.1
71,743
76,958
74,717
94,709
86.860
1872.
(248 m.)
108,188
100,439
187,"; 25
180,786
181,240
191,150
194,000
$79,909
9-3,268
94,6.37
104,M5
M.M03
1M4-27
<99,.552
169,tf('B
94,907
ino,83t
99.804
3,60«.786
1,645,761
11,072,948
875,762
949,598
320,881
3.54,766
.366,960
1,:«2,775
1,222,140
277,406
288,775
319,069
378.493
326,434
,366,2-J7
385,-281
2,80,698
l,17.'-.,295
.
Jan
1871.
(1109 m.)
.
76;i,2.58
.Aug.
..
755,436
688,131
.Year..
8,401,142
St Loms,
1871.
(5:J0
.Tan
m.)
$191,789
30:<,915
392, .500
356,109
327,926
2!K).2.30
3,865,076
3,306,826
5TJ.175
547,988
641,410
616,680
7.'i9,967
7,5.3,181
.Dec...
341,968
Mich can Cent.
i
422,015
529.890
628.660
582,802
187-2.
(569 m.)
5,58.533
607,678
593,641
580,908
1872.
(530 in.)
«i1.
ft St.
47-1,188
580,4:12
117,060
1.50,784
14.5,858
119,6.50
12-i,252
119,8.38
158,718
164,687
14 1,550
142,322
166.091
16-2,.521
606,,»57
815,:145
f'>44,6-25
507,050
473.295
1871
(282 m.)
1872.
(282 m.)
158,198
140,471
165,969
Toledo, Wab
1871.
(628 in.)
$365,174
192,120
215,110
2:34,0,57
30:J,97S
222,461
279,850
140,.302
1.54,641
3*3,455
443,610
. .
2-J-4.342
280.9:13
134,390
147,540
4.5:l,(X)9
..June..
211,.581
149,8:12
204,684
296.820
287,922
159,.544
..July..
15.3,671
439,515
553,994
..Aue.
2.36,.586
3.36,5.16
nr..im
130,145
167,496
..Sept...
287,697
280,384
188.442
186,489
may
. .
..Oct...
..Nor...
..Dec...
..Year,.
3!!8,791
5,52,079
102,995
558,816
600,205
531,080
516.934
1.875,032
5,736,665
1.52,515
152,578
142,407
191,841
1,690,968
6,090,695
H.
..mar.
.
594,769
488,349
565,728
811,961
178,254
157,897
..April.
$2:«i,:i80
126,30?
!-i87,4:)4
AT
1872.
(261 CT.)
143,1-23
..Feb....
.
1,525,243
1,643.404
426,192
400,119
48:1884
6"2.367
658 018
481,113
102,191
117,'KM
94,522
90,070
127,852
114,488
.
l,.550,0-23
1871.
(251 m.)
$131,1 64
105,«6
.
m.)
Varietta & Cin.
Paul.
]69,;l:l2
St.t.A.
•
1871.
1872.
(1,018 m.) (1 ,018 m.)
$:i96,760
460,985
327,431
387,.565
$143,468
124,810
154.697
. .
1,25:1.9.55
1,443,372
1,498,494
1,720,078
1,864,554
1,791,397
841,150
5,939.602
K C &N.
187-?.
(914
1,336,146
1,270,0«6
1,391,563
1,696,694
1,729,218
1,463.961
210,197
50-5,314
.505.808
8:J6,041
8!(0,287
Jaly...
.349,.382
.368,.3-J8
4-J7,096
6-36.373
.June..
33'a,555
419,4:j9
505,586
484,022
713.162
718,722
707,992
..
152.264
267,411
404,'2,86
$418,756
442,065
480,990
470,703
480,847
.may.
13,3,673
3.30,970
6'12,466
5.57,068
6-29,617
56.3,698
B20,-J28
-Erie-
1871.
(846 »-.)
$1,05,5.469
189,606
191,7:i8
971,193
1,201,500
300,783
1872.
(672 m.)
322.875
334,585
315.363
321,774
i87i:
(609 m.)
.Feb....
.mar....
.April.,
1871.
(672 m.)
306,944
266,086
282,723
1872.^
(1109 m.)
$624,744
. .
—
-Kansas Pacific-.
346
.39 1,
lUion's Central,
.Oct....
.Not....
ToI.,P.ft
318,627
9,467,072
. .
.Sept....
96-4,193
&
St, L.
Year
273,7.52
981.005
897.2:M
672,358
.
Western.
1871.
(205 m.)
96,.3.')0
14,797.975
^Paciflo Of
.Sept...
571,8.36
1871.
(.390
1,288 297
1,332,220
1,006.:173
996.9-22
.
592,223
1872.
(390 m.)
327,538
892,.341
795,176
869,297
Clev. Col.Ci n.&I.--
m.)
$272,826
1872.
(1,050 m.)
.May..
.June.
.July..
An^...
—
1871.
(890 m.)
{5:16,499
485,490
6:4,447
720,929
.Nov...
.See...
1,-10-2,597
I,2:i5,285
.Jan...
.Feb...
.Mar...
.April.
.Oct..
58,925
71,570
65,207
77.642
75,892
77,975
93,211
100,168
2-50.fl»il
275,351
287,5(0
329.270
364 128
i70,654
Bl.
672,332
499,062
1,076,112
1,312,617
1,217,339
l,190.o:«
1,140,916
164,781
2H,:)02
1871.
1K72.
.
m.) (1,074 m.)
435,19i
$.59,815
179,964
(3.55
.506,680
440,4,57
$150,497 $1,082,595 $1,27(1,150
293.4;i6
2:<6,199
1871.
(511 m.)
K 418,709
(1,074
-Central Pacific
(281.108
316,036
$3.W.469
340,616
360,916
:ni,375
Alton
1872.
(600 m.)
372,316
1870.
(431 m.)
&w.
— TTnion Pacific -,
,
1871.
1872.
(628 m.) (1038 m.)
$479,57»
431,<M9
373,924
460.646
499,899
447,313
604,247
7-24.466
510,792
462.868
728,174
432,0.%
673,093
614,175
681,865
566,811
800,402
43.^,780
777,,362
706.142
4(i9.392
7 B-J1,1«
1872
(l,ft38 tn.1
273,936
534,115
565,861
741,802
890.442
8:15.459
748..38»
789,568
^
:
October
li2
®l)e
TitE nttioNict?.
1372.1
493
Bzporta or LeadliiK Articles n-om New York.
The tollowiugtabIe,com|>llomroiuCum<)UiHouBBreluru»,»bowi
Commercial ®tme0.
the exports of leading arttcloH from the port ot New York gincc
1, 187a, to all the principal foreign coiintiit-B.and aleo t»i«
totals for the last week, and since .lauuary 1.
Tlio laat two linta
show total vrtluet, including the value <>l all otler article* besideii
those mentioned in tlio talilu.
January
(;0MMER(!1AL EPITOME.
Pbidat
Niuiit, Oct. 11, 1?7J.
There has been an average amount of trade during the
past week; an easier money market and better rates for e.\change have served to stimulate business, especially as
holders of leading staples have shown a disposition latterly
to meet freely the views of buyers, even at some concession
in prices. The demand for merchandise appears to be large,
but there is an absence of speculative confidence and activity.
Cotton opened at an advance, but has latterly lost the
improvement, closing active at lO^c. for Middling Uplands.
Flour has been active for export, ond low grades are firmer,
but the better grades have been quiet, closing at $7@7 CO
for shipping extras. Wheat has advanced tolil .5.')@1 59 for
No. 2 Spring. Corn has been variable, closing firm at (>4@
Groceries have s'lown
64^0. for prime mixed afloat.
more activity in cofl'ee and sugars, but molasses and rice
have been dull, and quotations for them are reduced.
Provisions have been very irregular. There was a decided advance in pork early in the week now mess sold at
$14 55@14 00 for October and Nov., and ?S14 G0@14 T,'),
in a Jobbing way, with old mess at $14
but there has since
been some reaction. Lard has generally been dull; on
Tussday, however, nearly 2,000 tcs. were taken, mainly for
export, 8fc. for prime new Western, and 8.J@8ic. for prime
a
'iy%
'SS°
00
Or-3
r
as
sag'^;2
eoci
!r
!
;
^ o v? o to •h
•r-(0<oetin
•*'
;
'<•
-f
«•• *i
^
55
•c****
coc«o>»
new Western
steam. Winter rendered ; with choice kettle
rendered at 9fc@9^c. ; but since then ihe market has ruled
dull, with prime kettle selling at 9@9^c.
Bacon has been
firmer, with much more doing
late sales include long clear
at 8|@9c., on spot
short clear for Oct., OA^c.
for Jan. at
8c.
long and short clear together at 8^c. lor last half of
Nov. and first half of Dec, and 7Je. for Jan. delivery.
Cut meats unchanged ; dry salted shoulders sold at 7c. on
the spot, and Oc. for Dec. delivery
but not active. Beef
has remained quiet. To-day, pork further declined, new
mesa being quoted at $14 25@14 40, and old mess selling
at $13 75.
Lard was very firm a line of 250 tcs. prime
W^inter Western steam, on the wharf, sold at 8J^c; generally
held higher.
Bacon was less active, being held higher.
Cheese has been quiet for export, and closes at 14@14.Ve.
for prime to choice State factories.
In butter there has
been something done to-day for shipment at IH@17c. for
fair to prime Western
choice State quoted 30@33c.
Freights Lave been very dull, and rates have latterly
.sbown some depression.
The unsettled state of foreign
exchanges and higher pric s for breadstufTs and petroleum
have deterred shippers, and there is some accumulation of
room on the berth and available for charter. To-day, a
Liverpool steamer took grain at lid per standard bushel,
with corn by sail 10:J^d., and a steamer of 1,005 tons was
chartered to load 3,000 bales coiton at New Orleans for
Havre, Bremen or Liverpool at one penny per lb.
Kentucky Tobacco has been quiet. The assortment oflToting is not very good, and stjcks moderate.
Sales for the
week hive been 350 hhds, of which 250 hhds for export, the
remainder for consumption.
Prices have ruled about
steady; lug.s, 9i@10c
leaf, 10J@15c.
In Seed Leif Tobacco the movecrent has been only fair, but at very full
prices ; sales include 300 ca^es new crop Connecticut and
Massachusetts, 45@05c ; 420 dodo New York, 14@I5c;
130 do do Ohio, 13@14c; 174 do do Wisconsin, 9.Vc; also',
100 cases sundry lots of old crop at 12@25c. In Spanish
Tobacco there lias been rather morj doing, and sales embrace
400 bales Havana, $1 02@1 10, and 100 do Yara, old and
Is
V4
!;•
.
0?0»
;
;
;
'12
;
•
QC ^" cs
o M c*
r^-it-
\
;inoiro»
00
CO
*-i
oi c>
si
oicsio«»
i-jr-oirf:
cT ».'sC »*
r^e4
T-T
o
;
;
;
;
new
crop,
95@97c.
Rosin has declined to $4 40 for strained. Spirits Turpentine lower at 02.Vc.
Petroleum has been inactive but
today 5,000
bbls. refined in
08
Wo
as t— 13
"'
94 ra
•-•to
oss
;
CO '-•
CO**
iS :i
•
•
ii
;
to
«?*
"
ii
"gooo^'^*
00 e^
:
:^~ :«
CO
cu
o
.«»
asOH
i
;
.
:S
:
:
:
:SS :SB8
:g;
:
;
:S|
s
«
i
'
^^
:
:S
JSg
-r
:
:S :S3
:S35
:
.
•
5;
i-ao
o»oo
«
:
:
•
•
:S .3E5
•
-^
"
Sg
w«
•
Z
5
"'S
;
:S
:
•
8
.-I
.^
*
CO
00
St
»;
'5?
S"
pro
bbls. sold at 20:^0., to 'suit
crude quoted at 13c. in bulk naptha has advanced
to 18\@i20c. in shipping order.
Tallow has sold moderately
at 9 5-10@9|c. for prime country and city.
Whiskey
closed active at 92e.
The trade sale of wool passed off
with fair spirit at prices on the basis of the late
decline.
Fish have ruled firmer, with more activity. Foreign
fruits
vessel
.-c
;
easier for raisins, leading to more activity', layers
closing at
$2 35 currants firm at 7:J^c. Hops quiet and unchanged
new State, 25@30c. Copper quiet; American ingot,
32i@'
32}c.
Block tin quiet, straits, 33^c. gold. Pig iron more
^ V«
"^
•c x>
;
45
;
steady but quiet, and other metals dull. Oils
quiet and
unchanged, except Menhaden, which is salable at 50c.
«B
'3
::::::
:
•
'
—
:
,
:
.
494:
THE CHRONICLE.
;
Imports of LeadluK Article*.
The following table, coiapileil from Custom HouBe returns
•liowa the forei)|;n imports of certain leadinjf articles of commerce
at this i)ort for the last week, siace January 1, 1872, and for the
corresponding period In 1871
[The quantity is <;ivun in packages when not otherwise epecidcd.l
Since
Jan. I,
Same
the
week
1872.
I8;i.
For
Metals,
Ola^s auil
Ulilaa,
For Since
the Jan.l,
week. 1872.
liriie
Kartheiiware—
l.CJO
3.2^6
9.3,»
Kartlieuware
Ulaan
Ulaasware
Glass plale
Buttons
Coal, tons
Cocoa. btit;s
13.4'.5
18,26:
49,558
442,616
512,0^9
6,04'
31S
lil,5M
4UJ
t>alu3
9,lUi
5,052
81,2 >6
27,251
l,155,2oJ
7,9JS
5,i6'
107,018
851
l,9J4
is?
163
Tartar...
Uanibier
Gum,
Arabic....
lndl]{u
163
211
Uaader
OU,
Oil.OUve
40.945
1,951
jTlax
Furs
clotb
Hair
gomp,
bales
89,107
boxes
Tobacco
Wiues
S,;iO
5,475 Wool, bales
2.134 Arti lea reported
469
by value—
35,161 ClKars
59.910
40.804
44,112 Fish
36,509 Fruits, &c.10,153
Lemons
H',ft72
5.853
5,63l>,
14.371
9,8''7
Id
6,994
129,180
5,516
95,175
Raisini
1,4J
16,718
1.736 Spices, &c.—
15.488
Cassia
S7.iOi
32.6K
11
3,771
5,703
6!
25
3,23'i
4,130
l.iOO
20.003'
5n,-363
114,203
Ivory
Jewelry. AcJewelry
Ginger
Pepper
Saltpetre
Watches
i^lnaeed
Molasses
1,869
1,036
3.372
6,a31
143,501
555
85,526
113,816
157,133
63,519
3,539
167,.')89
85.0S6
1,0 !
597.903
n.VJS
699,3<l
an,
1
659,81)6
911
3,250
714,206
687,777
1.313
2!,7.'i5
512,558
17,574
7,211)
4*731
3!3.ail
70,799
232.954
12,633
137,693
176,*9
82,536
568
14,622
3,H33
321,482
35,013
243.916
40 373
8'iO,790
lil.Ol'
2.').3,839
WoodsCork
«B3,3;
Fustic
136,9SS
Logwood
Mahogany
92,066
Receipts of Domestic Produce for the W^eek aud since
January 1.
receipts of domestic produce (or the week and since Jan. 1,
and for the same time in 1871, have been as follows
The
:
This
week.
Ashes. ..pkgs.
Breadainffs-
117
Since Same
week. Jan.l. time '71
Same
Since
Jan.l.
time
5,635
This
'71.
5,399
Oilcake, pkgs....
Oil, lard
96.63T :.041,319 2,615,5011
579.115 8,«7.46i 16,lj9,"46
1377,176 33,117 2U 32,230 70J
30J 33^10.161 8:
7,953,363
376,313
133,731
113,6 -H) 1,9,59.041 1,136. <77
.108
231,411
153.593
109.200'
97,163
6.071
174.338
2,726
96 7:>3i
5.395
152.453
147,103,
462.167
22,513
679,717
4.3t)
349
2,3;6
19,165
557,TJ3
322.761
37,933'
411
11,820
«3,5!l 3,632,901 3,620.267,
31,454
41,733
Flour..bbls.
Wiioa'..bu4.
Corn
Oats
Peanuts,
Barley, &c..
Beans
Peas
C. meal.bbls
Cotton. .bales.
Hemp.. bales.
Hides .. No
Hops, .bales.
Leather. sides
MolasseH. hds.
Naval .st.jres—
Cr.turp bbis
41-
Butter, pkgs....
Soirlts turp.
332
Rosin
59,205
492,!0S
26,0,1
3,38!
27
Tar
fitch
Cutmeats
Egifs
Pork
Beef, pkgs
Lard, pkg«
Lard, kegs
Rice, pkgs
1,741
63,685
46,568
5,591
48,632
4,86!
n,lT2 479,363 4!'2,586
57,525 1,813,69211.155.1 '3
1.1S4
359.200
124,877
365 617
310.724
6,941
InS.OOS
377
113,223
86,444
125
15.453
3,697
230,313
527
175
•21.346
573
Ac.
—
Tobacco, ,>kK8....
Tobacco, lihas
Whiskey, bbls
Wool, bales
Dressed hogs, Ho.
180,421
16.430
1S,669
312.512
15 9SII
13,258
22 63l
19),2;3
90,547
i.966
352.326
;s.83i
6.561
Sugar, hhds.,
Tallow, pktfS
7,009
49,940
361,234
16,831
640
7,-,2l
119,639
813
Provisions-
i
Rye
5,071
15
bass,...-.
5,61-1
81,5*3
198,»42
59,826
427
S,!07
9iS
3,035
839
145,811
S7,29<
special
;
80.313
100,030
90,114
:
1871.
iRec'd this
week at—
1872.
New
Orleans
bales
Savannah
Texas
Tennessee,
The
ll.f 50 Florida
hales,
8.615 North Carolina
S.670; Virginia
I
16,503
Total receipts
5,737,
1.873
Increase this year
Ac
I
913
I
159
2,74
393
2,389
9,782
1
9,146
11,3 38
30.991
7,431
87,368
8,188
1
23,17l|
64,097
....
exports for the week ending this evening reach a total of
37,834 bales, of which 23,014 were
to Great Britain, 0,553 to
France, and 7,667 to rest of the Continent, while the stocks as
made up this evening, are now 189,141 bales. Below we give
the expnrtB and stocks for the week, and also for the correspond
ing week of last season, as telegraphed to us from the various
ports to-night
:
Kxported to-
Wsek ending
Oct.
11.
,Q.Brit.
France
\
Contla't
Total this
Samew'k
week.
1871.
ITew Orleans.!
Uobiie
4.361
605
605
Charl slon...!
Vava-^nah
1.5-23
1,5-28
Texas
Vork...
1872.
10,917
Total
65,852
7 237
3,303
5'.833
8,141
3,343
1,700
14,7-23
i',8-29
16',557
13,290
86
1
S7.834
111,341
18,417
78,732
23.611
83,045
6,.533
18,703
13,330
V260
s'si'i
18.631
8,957
4,653
45,169
New Yort
3,2161
Florida
North Carolina
6,0-28
142
6.531
17.497
4,199
462
20,0»
3i6J
Total thlayear
7,667
9,593
1-2,728
4,(153
'iss
50.973
6.296
5,413
26.603
28.971
13,332
1-.'.1133
33.431
14,493
29.10U
47,126
I'sJi
462
4.209
14,386
"97
''.a
'mi
230.770J
Total laBtyna"
....1
....
1,742
5,936
9.00U
122.521:
59,43;
112,150
1.926
-8,507
106.137
163,032
66,479
3,472
364
60,815
65.212
118,096
of the market the past week has continued to
is in great part the natural result of the v
large receipts and accumulating stocks. The activity and
creased firmness at Liverpool, however, at the close of last
and early this week reacted on our market, prices here hav?n
The tendency
This
w
recovered -Jc. on Saturday last but on Tuesday, although ther
was a fair demand, the improvement was lost, and since then th^
feeling has been leas tavorable to high prices, receipts at the
ports continuing very large, our own money market keeping very
close, the Bank of England having raised its rate of discount to 6
per cent, and the general European outlook not being tavorable
For future delivery, especially for the
to large consumption.
later months, tiiere has been considerable decline, the lowest
being made yesterday, when there
prices of
the week
uplands at
were sales on the basis of low middling
;
18 7-16c. for October, 18 3-16c. for November, 18 7-16c. for
December, 18|c. for January, Ijjc. for February, 19 13 16c. for
March, and 20ic. for April. To-day the tone was more steady and
closed firmer, with considerable activity for exports to fill freight
engagements, the quotations for spot cotton, however, being unchanged, but for the early months showing more or less advance.
Holders claimed that the market was now in a
safe position, and could not be crowded much if any lower, and
The prices
hence there was less disposition to press sales
lor futures last reported were (basis low middling) 18fc. for
for
November,
ISjc.
for
December,
18|c. for
October, 18fc.
January, 18Jc. for February, 19 15-16c. for Marcli, and 30ic.
for April.
The total sales of tills description for the week
are 108,350 bales, including 4,(300 tree on board. For immediate
delivery the total sales foot up this week 15,438 bales, includ.
ing 7,840 for export, 6,113 for consumption, 175 for speculation,
and 1,300 in transit. Of the above, 2,654 bales were to arrive.
The following are the closing quotations to-day
:
New
Upland and
Florida.
Ordinary
Good Ordinary
Low Middling
per lb.
I
Mobile.
Orleans.
15^4....
i6xa....
16
»....
i6Ka....
18K»....
185(»....
IBJ^®..
I8<k®..
Ii%l3....
19
19H«....
i9va....
3oxa....
20Xia...
S....
19><ca>
I9«®....
20X«t..
8HXl«»....
19X*..
195s®..
Below we give the sales of spot and transit cotton aud price of
Uplands aX this market each day of the past week
:
8ALBB.
Saturday
1,033
Monday.
•13
854
623
Tuesday
Wednesilsy
Thursday
1,358
3,409
Total
7,S«0
34,223
13,345
26.396
17.000
12,583
18,534
24.312
23.459
19,000
189,141
145,436
• 49
1,070
1,401
1.231
1,11!
PBI-'«9.
1
Good
Tran-
Con- **pec
Exp't. Burap.
Total.
fir.
ula'ii
23
100
'"5
'266
1,854
1,683
2.4SO
1,851
"42
8,111
651
106
son
6,113
175
!,aiO
4,4(16
1
ow
1
Mid-
ord'ry. Ord'ry. MIdl'g. dling
19
16
16
15J<
15K
15«
15«
:8«
18^
18«
18«
;8X
19
19!!^
18K
18«
19J<
19K
15,433
For^forward delivery the sales (including 4,000 free on board),
have reached during the week 108,350 bales (all low middling or on
the basis of low middling), and the fallowing is a statement of the
sales and prices
bales.
cts.
1,800
4,400
3,100
3,300
4,800
5,600
3,300
18H
18 7-16
13K
18 9-16
18«
18 11-16
13V
J4,300 total Octob'r.
/or, November.
18W:
18 5-16
4,600
3,300
3.400
1.200
2.8O0
2,000
100
3.510
18«
18 7--6
18K
1-9.16
1819-;i2
IfH
For Decemher.
bales.
23,400 total for
;
1,700 F.
500
l,yX)
200
400
Dec.
bales.
400
19 3-lS
600.
19^;
Cts.
10^50 tot«l Jan.
400.
19 1-16
19}^
Cts.
-XH
ao 3-:6
J20X
MH
kor Fehrnorv.
1(10.
19 3-16
1,(100.
19«
l.JCC.
3,200.
1(«,
600.
1.(00.
COO.
1,300.
19 5-16
19X
19i<
19 9-16
10,300 total
iOH
30.316
2(IW
l,0rO
19 11-16
1,100
19X
tolalMareh.
For April.
510
600
S.«
IHO
30H
3(11
20 7-U
Jton
ao 9-18
900
30X
Feb.
For March.
4,700 total April.
2,000
SOO.
19?^
19 13-16
2,300.
700.
10 15-16
1.1W.
200.
8,500
19X
For January,
S.SPO.
3,900. .!!!!!i8'i3-16
18 27-S2
300.
900.
950. ili'.'.'is'is^lB
SOJ.
19
bales.
601
400
900
100
19X
For May.
500
S.W
250
2«X
20X
21
JO
20 1-16
1,100 total
May.
sales during the week of free on board have reached 4,600
the particulars of these sales are as below
The
bales
Novem.
eta.
1,000.
18 5-16
6.700.
ano.. ..'.'.'..ii'sio.^
3,600.
18 7-16
5,300.
18K
MO.
18 9-16
2,800.
185^
1.J0O.
18 11-1«
18V
2,500.
200
1871.
17,437
35 117
20,5.i2
Othar ports..
ftlnoe Sept. 1
10,833
3,112
23.608,,
20,800 total
New
7,406
60,-;i3
For October."
-II-
Mobile
Charleston
21,582
11,490
18,311
20.177
.
BXOXIPTS
24,4 >4
Savannah
Texas
11,194
17,6C7
39,041
Good Middling
telegrams
Rec'd this week at—
New Orleans
Mobile
Charleston
Stock.
124.1145
Friday, P. M., October 11, 1873.
received by us to-night from the
Southern ports, we are in possession of the returns showing tlie
receipts Bxports, &c.,of cotton for the week ending this evening
Oct. 11.
From the- figures thus obtained it appears tbat the
total receipts for the seven days have reached 87,208 bales against
74,146 bales last week, 64,208 bales the previous week, aud 51,209
bales three weeks since, making the total receipts since the first of
September, 1873, 318,038 ba'.es against 180,617 bales for the same
period of 1871, showing an increase since September 1 this year
of 131,431 bales. The details of the receipts for this week (as per
telegraph) and the corresponding week of 1871 are as follows
By
wise
Other
1671.
Middllns;.
COT TjO N
Coast-
Great
Britain France For'gn Total, i"""-"-
£ST2.
39.7.14
1,131,568
912,918
9.-.5.891
48,91'
618,108
i:i.089 9.174.613 9,130,728
Hides undressed.
Rice
913
848,524
810,020
1,467,730
'0,2^9
92,510
1,180
64.041 l,371,r'8 1,139,165
233,021
337,751
10,954
Oranges
Nuts
221
Bristles
Uldea, dressed.
India rubber
33,083 1,000.412
991,469
81,671
52,316
1,105
4,565
L63
{40,183 1,597,30
Fancy goods
91 ,034
388,731
SIPOETBD SINOB BSPT.l TO—
PORTS.
downward.
l,549Cork8
71,6>)4
400,143
4,173
&
8,8i':Waste
2,iS0|Wlnes, *c.—
10,*i'Ui
C}iampag"e,bk8.
7S
81
lUU
4,024
Ac-
Ides,
2,894
21,334
111,715
4,391
2;,;50Toa
1,1m
Soda, asn
10,528
bags
22,830!
4.3112
1,S1U
;>pluni
Sofia, bl-carb....
Soda sal
Gunny
&bblB
4,1671
1,869
36.417
4.163
5,714
513
5,872
5,1«9
4 516
871,581
951,223
566,257
463,135
8,783.sai 7,003,1^5
181,4 3
17 ,511
828,99!
834,996
5.619,601 5,291,451
120,352
116,340
8S3,892lSuear, hhds., tea.
29,308
24,437
17.036
4,713
W
esaeutial...
1871.
6,401
23,a«.'i
19,a3Rags
Sugar,
nitark, Peruvian.
. Hiea powdura...
Brimstone, tons
Cocluncal
UU
bars.
Lead, pigs
Spelter,,P>s
Steel
Tin, boxes
Tin Blabs, lbs..
9,519
UriiKH, (fee—
Cream
Iron,
time
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 19,417bales, while the stocks to-night are
43,655 bales more than tliey were at this time a year ago. The
following is our usual table showing the movement of cotton at
all the ports from Sept. 1 to Oct. 4. the latest mail dates.
We
do not include our telegrams to-night, as we cannot insure the
accuracy or obtain the tletail necessary by telegra[)h.
BECKIPTS
150
133
Hardware
35,19:
3>i.!i6j
439
IID
ba^
Colfee,
Cotlou,
16,189
Same
[October 12, 1872.
Ac-
Cutlery
CliLna
:
O. B., Savannah, av. 1. m., October shipment, at ;8'^c, vessel chartered.
"
private terms.
'*
Kovcniher shipment, private terms.
"
basis l.m. October shipment, at isxc.
"
"
"
private terms.
..
:
THE CHRONICLE
October 12, 1872.3
Tlie following exchanges
Ic.
1
ft-llic.
have been made daring; the week
:
paid to exchaiiiee 20n Decera'^cr (or aO() Febniarv.
•'
"
WX) Dfcimibcr for too Murch.
Wkatheii
llEi'ORTB i!Y TELKdUAl'ir.— The most notable )ca
ture in our telcjirams to-nijfht iw tlio roi)orted frost at Memphis
have failed to receive our weather report
and Nashville.
from Oalveston. From New Orhnus our telejjram slates that it
has rained on every day but one this week. It has also rained on
one day at Montgomery pick infj is progressing finely, and it is
estimated that two-tuirds of tlie crop has l)een gathered our
correspondent thinks the planters are not sending the cotton to
market freely. There has been no rain at Macon the ingathering of the crop is proceeding satisfactorily. It has rained on one
day at Columbus the days have been warm and the niglits cold,
but the work of picking is making excellent progress. At
Augusta the weather has been fine, with cold nights and warm
days planters are said to be marketing their crop freely. It has
rained on one d»y at Memphis, and they have also had a frost,
-but not a killing frost our coi respondents state that there is
much laxity and an indisposition to market the crop rapidly. At
Nashville tliey have also had rain on one day, and a frost, which
the telegram states was a killing froht, whicU has, however, the
dispatch addn, done no harm picking is progressing finely. The
thermometer at Memphis has averaged 64; Columbus, 74 Macon,
77 and at Montgomery, 77.
We
;
;
;
;
;
;
;
;
;
495
unfilled.
The detention of several ships now dae has Imparted
some strength to the market; we quote prices 2c currency caih
on spot, and 3('<)3 l-lOc to arrive. Sales last few days have been
about 3,000 bales on spot at 3c, 1,000 bales to arrive at 2146c
'
both currency cash.
Visible Supply of Cotton Made up by Cablk ani> TelkORAPil. By cable we have tonight the stocks at the diU'eruot
European |X)rts, the India cotton afloat for all of Kuropo, and the
American afioat for each port as given below. Froit figures thua
received, we have prepared the following table, showing the
quantity (ft cotton In sight at this date (Oct. 11) of each of tlia
—
two past sea ions
1873.
Stock
Stock
Stock
Stock
Stock
Stock
Stock
Stock
in Liverpool
bales.
in London
in Havre
in Marseilles
in Bremen
in Amsterdam
at Antwerp
at Barcelona
Afloat for Great Britain (American)
Afioat for Havre (American and Brazil)..
Afloat for Bremen (American)
Afloat for Amsterdam (American)
637.000
324,000
250,000
15,500
38,000
Total Indian cotton afloat for Europe
Stock in United States ports
Stock in inland towns
Exports from United States this week.
204,000
189.141
22,686
37,834
1871.
471,000
113.325
117.310
18336
27,459
35,000
15.000
65,000
33,000
23,201
7] ,000
40.000
48.(KX)
31,000
18.750
none
none
none
4.800
440;385
14S.486
37,940
18,417
HiQH Prices fob Ameuican Cotton.— The continued high
price of American cotton, and the large purchases on Southern
account for future delivery (while receipts are coming into our
.
ports so freely), appear to be a surpise to some of our correspondents, and we are asked for an explanation.
Without wishing to
Total
express an opinion as to whether prices are now too high or too
1,512,911
1,553,489
low (a question the answer to whieh so largely depends upon the
These figures indicate an incrense in the coiiou in sight to-night
extent of the crop), we very willingly give what we conceive to of 2.19,433 bales compared with the same date of 1871.
be tlie basis of the existing confidence and the largo future
Movements of Cotton at the Interior Ports.-Below we
purchases.
give the movements of cotton at the interior ports receipts and
First— To understand the point, the system of future purchases shipmen's for the week, and stock to-night and for the correspondshould be kept in mind. For instance, a planter in Montgomery ing week of 1871
has 100 bales of cotton. He wants the money to pay his debts,
.-Week ending Oct. U, 1879-, ^Week ending Oct. 18. '71-,
Keceipts. Skipmeuts. Stock. Receipts. Shipments. Stock.
and yet does not wish to let his cotton go at present prices, as he
'~
""—
"
"'""
Augusta
6.751
6,445
1,743
4,.558
8,116
6,600
believes they will be hiirher later in the season. Consequently,
Columbus
2.1G0
1,385
2.818
1,608
837
3.939
he directs the factor at Montgomery to sell his cotton at 19c, and'
Macon
3,776
2,174
2.934
3.161
2.099
3,821
to buy a contract at the same price for January. In this manner
8.100
2.400
5,116
2,864
1.743
4,458
he receives his money, except the small amount he leaves as mar- Montgomery.
Selma
1,901
1,579
2.914
2,113
1,722
2.831
gin, and still has a chance in any future upward movement, while
Memphis
10,333
8.005
6.100
12,271
11.109
0,858
at the same time saving storage. Insurance, loss of weight,
&c. Nashville
1,174
843
1,061
1,035
1,583
933
Clearly, it a man is determined to speculate in cotton, this system
for attaining this end is a very clever one, and it cannot
be a
28,235
33,490 22.686
28,209
23,209 27,940
matter of wonder that many slide into it.
The above totals show that the interior stocks have increased dur Second With the way to speculate made so easy, it is not difficult to find a basis, and in this case it is found in the belief that ing the week 4,735 bales, and are to-night 5,254 bales legs than
The receipts have been 16 bales
the crop is to be a short one and hence prices are to advance. at the same period last year.
But, our correspondent says, look at the receipts do they not more than the same week last year.
The exports of cotton this week from New York show an in
give promise of a large crop 1 No, we reply, for we do not think
they can thus far be taken as any index of the total yield. This crease since last week, the total reaching 16.557 bales, against
very system of future purchases helps to make the early pickings 10,335 bales last week. Below we give our table showing the
come forward rapidly, and this year we believe that the early exports of cotton from New York, and their direction for each of
pickings are a much larger proportion of the crop than usual. the last four weeks also the total exports and direction since
For these and other reasons which we gave on a previous occa- September 1, 1872 and in the last column the total for the same
period of the previous year
sion, present receipts may, we think, be free, even though
the
Exports of Cotton (bales)
crop may be quite deficient.
Vew Tork since Sept.l, 18T»
T/drd But without determining what figures our crop is to
reach this year, the wants of Europe represent the main strength
WBEK ss-Dina
Same
Total
of cotton, and upon the prospective estimate of these wants
IXPOETKD TO
to
prev.
(which it is claimed will be about 2,800,000 bales this year) the
Sept
Sept.
Oct
Oct
date.
year.
18.
».
».
present speculators rest. It is not our object to express any concurrence in these views, but simply to give the prevailing opinion Liverpool
6,63«
8.S58
10.875
14,728
45,169
37,867
in answer to our correspondent's inquiries. We may another Otlier British Forts
week examine this question of European demand, and see what is
Total to Ct. Britain 6,63»
8,SS3
10,275
M,7J8
45,169
87,867
likely to be its extent the coming year. It appears to us that
it
is overestimated by some.
Havre
SO
128
'...:
Bombay Shipments.—According to our cable dispatch received Other French ports
to-ciay, there have been no shipments from Bombay to
Great total French
60
....
128
Britain the past week and none to the continent, while
the
Bremen and Hanover
receipts at Bombay, during the same time have been
....
....
931
931
236
1,000 Hamburg
43
bales.
The movement since the first of January is as follows. Other ports
These are the figures of W. Nicol & Co., of Bombay, and are for
Total
the week ending Thursday, Oct. 10
to N. Europe.
....
931
981
279
^-Shipments this week to—.
.-Shipments since Jan. 1 to-^ Week's
Spain.OportOifc Qibraltaric
—
:
.
.
—
—
;
;
:
Oom
—
:
Great
Con-
Britain,
tinent.
none.
,„,^
13,000
none.
1873
J871
Total.
Greal
Con-
Britain.
tloeut.
Total,
receipts.
none.
13,000
669,000 313,000
881,000
1,000
....
713,000 314.000 1,037,000 10,000
From the foregoing it would appear that compared with last
year there is a decrease thia year in the week's shipments to
Great
Britain of 13,000 bales, and that the total movement since
Jan
now shows a decrease in shipments of 146,000 bales over the cor-1
rssDonding period of 1871. Onr dispatch to-night also says
that
all the reports with regard to the crop are very
favorable.
GuNNT
Bags, Bagging, &c.— The market for bagging has continned dull and drooping at constantly declinin« prices,
the
past week. Transactions have been unimportant, and
there'ie no
speculation whatever. We quote Domestic rolls at
12@13}c and
to move a large pared sellers would have
to shade above prices
india Bales nominally held at 10c currency for
round lots without
buyers
Borneo we quote 12i@13c. For bags no sales are
reported, though we note more inquiry, and the
stock being light
and but lew on the way from Calcutta, we confidently
look for
better prices In the near future
we quote prices to-day at 14c
currency bid and loc asked. Butts continue about
the same as in
our last issue ; sellers are not quite as plenty
at 2c as they have
been neither are buyers so numerous, still
all that have
mu8 lar «t ao liave been taken, and there are yet several offered
orders 1
;
All others
'898
'898
Total Spain, &c
Grand Total
The following are the
Philadelphia and
1872
89S
....
6,632
8.258
10,325
1
16,557
898
1
47.1S6
38,148
receipts of cotton at New York, Boston
Baltimore for the last week, and since Sept. 1.
:
HltW TORK.
FRIL,ADKU>'l,t
BALTIllORa.
This Since
week. Sept.l.
This Since
week. Septl.
asoB'Ts raoH-
This
Since
week. (Sept 1.
I
New
Orleans..
2,317
2,0741
7,6061
Texas
Savannah
This
"72'
2,597
2e,9.i6|
11,278|
1,121
3,863{
1,006,
Total last year.
21,079,
I
20.778
451
l',3S:
361
99*
'lis
3,582(
393)
Foreign
„...,,
Totri thlB year
[
442
11,7,12
8.0281
23,928;
3,507j
360
Since
wet'k.'Sept.l.
Mobile
Florida
S'th Carolina.
N'th Carolina.
Virginia
North'm Porta
Tennessee, &c
I
706
2,6531
90,163
733
974
482
16
3,399
8,004
265
"\%
2.413
2.747
14,997
1,653
234i
8S8
1,1671
170|
1361
3,001
24S
13S
442|
2,2731
2,225
6.764
9591
4.079
g.844
6,389
:
s
:
:
-
.
:
THE CHRONICLK
496
[October 12, 1872.
—
Shipping News. The exports of cotton from the United States
the past week, as per latest mail returns, have reached 30,888
So far as the Southern ports are concerned, these are the
bales.
'•ame exnorts reported by telegraph, and published in The Chronicle last Friday, except Galveston, and the figures for that port
are the exports for two weeks back. With regard to New York,
we include the manifests of all vessels cleared up to Wednesday
Bieht of this week
Total bales.
City of Antwerp, 652. ...City
Nkw York—To LiTerpool, per
Btcamerfl
of Brussels, 851.... Spain, 3.S94. ... Partlila, 1,137... Manhattan,
.Atlantic, 1,853. ...Calabria, l,448....per Bhips Strathearn,
8891!
495....Beann Uamha, 76«....Cily of Calcutta, 493.... Lady
14,728
Paimerston. 447 ..Rozelle. 100
931
To Bremen, per Bteamer Main, 931
54
54
Australia,
To Genoa, i>er steamer
844
To Salerno, per brig Stairord. 814
Winderper
barks
Waverley,
Liverpool,
j2,354
Nrw Orleans—To
4,723
mere, 2,«)3.. ..Mag .jie, 168
per barks Fleotwing, 1,465
To Havre, per sliip Baden, 8,805
7,071
Arlington, 1,801
2,112
Oharij:ston—To Liverpool, per bark Oeorgiana. 2,112 upland
337
Baltimore— To Liverpool, per steamer Peruvian, 337
86
Boston—To Liverpool, per steamer Samaria, 88
.
.
-Im ports.
To this To
This
week.
American
•Brazilian
Bgyplian
Smyrna .fe Or'k
W.Indian....
East Indian...
Total
date
-Stocks.
24,513 2,750,160 2,979,152
particulars of these shii:iaents, arranged in our usual
are as follows:
Bremen. Genoa. Salerno.
Havre.
Liverpool.
New York
NewOrltans
14,728
4,725
Cbarleston
Baltimore
54
844
...
...
31,
1871.
1871.
day.
2,233,984
600,406
261,880
895,358
138,940
148.370
85,540
7,920
45,670
383,130
1871.
184,710
168,809
87,160
64,030
21,900
49,750
1,9801
11,550
22,440 f
105,690
272.770
4,014,786
7.59,570
423,880
(i,458
11,3,640
566,900
is
—
Imports, Jan. 1 to Sept.
Deliveries
Stocks, Sept. 26
form
1870.
bales.
104.829
197,291
29,782
26.
1871.
bales.
260,107
171,513
96,501
1872.
bales.
3:W,513
267,419
231,478
-
—
In our advertising columns will be found the card of the
Cotton Warehouse Co., which has six immense stores at the Atlantic Docks. Brooklyn, some 700 feet lono; and 300 feet deep,
with capacity for storing 50,000 bales of cotton. Their rates are
35 cents per bale for the first month, and 15 cents for each additional
month and for cartage to and from the stores, 25 cents per bale,
or if lightered, 30 cents. The officers state, that on cotton contracts
deliverable at their warehouse from any point in the South, by rail,
a saving of 40 cents per bale can be made.
;
...
....
....
21,983
7,071
931
....
ExcHANOE AND
...
811
54
30,888
— Gold
has fluctuated the
past week between 113} and 114J, and the close was 113|.
Foreign Exchange market is firm. The following were the last
.quotations: London bankers', long, 108f@108| short, 110@110f,
And Commercial, 107|@108i. Freights closed at 7-16@id. by
Bteam and id@5-16d. by sail to Liverpool, IJc. gold by steam
and lo. by sail to Havre, and fd. by steam to Hamburg.
itJOLD,
Dec.
American, against 43 per cent last year. The proportion of
Kast Indian is about 50 per cent, against nearly 35 per cent.
London, Sept. 38. There has been a fair demand for cotton,
and on the whole, prices have been steadily maintained. The following are the particulars of imports, deliveries and stocks
...
2,112
337
86
Boston
Total
931
....
7,071
date
Of the present stock of cotton in Liverpool 18 per cent
30.888
Total...
This
Total.
1872.
1871.
7,188 1,115,444 1,P93,408
6,355
610,317
350,201
178,995
171,0-25
938
16,481
....
3,110
2.3.39
104,813
76,660
724,116
7,513
484,748
,
Same
this
date
—
The
.
FitEiaHTS.
BRE ADSTUFFS
;
By Telegraph from
IiIverpooIi.
—
Friday
The markets
been somewhat
P. M., Oct. 11, 1872.
and grain during the past week have
unsettle'l, though the fluctuations in prices have
for flour
LrvEBPOoL, Oct. 11.-5 P. M. — The market has ruled quiet and steady
to-day with sales footing up 12,000 bales, including 4,000 bales for export
and speculation. The sales of the week have been 121,000 bales, of which
The
23,000 bales were taken for export and 15,001) bales on speculation.
stock in port la 627,000 bales, of which 85.000 bales are American. The
been comparatively small.
Flour has not shown any increase in the receipts, but the
demand, except for export, has been small the leading shipping
stock of cotton at sea, bound to this port is 201,000 bales of which 21,000 bales
grades have been much wanted, and have latterly brought more
are American.
'
shipping
money, against a slight decline early in the week
Sept. 20.
ept. 27.
Oct. 4.
Oct. 11.
68,000
74,000
112,000
121,000
Total sales
extra State and Western flour from Spring wheat sold freely at $7
17,000
15,000
19,000
23,000
Sales for export
15,000
4,000
5,000
11,000
Sales on speculation
10@7 35@7 50 for common to good and prime, with choice and
799.000
759,000
704,000
627,000
Total stock
fancy, part from winter wheat, at $7 60i@7 75, and the better quali108.000
157,000
139,000
85,000
Stock of American
192,000
19.5,000
190,000
201,000
Total alloat
ties of superfine at $6 50@6 G5, but trade and family brands at
4,000
7,000
11,000
21,000
American afloat
The following table will show the dally closing prices of cotton for the week: $8 and upward have ruled dull. To-day, good lines of shipping
extras were salable at %~ 35, and the market generally without
FrI.
Mon.
Tues.
Wed.
Thurs.
Sat.
Price Mid.TJpl'ds. 95i@.... 93i@ ... SJi®...- 9%n 9Ji 9y,® 9X 9?i@ 9% new feature.
;
'
;
'
Orlean8.10>i@....10>i(a....lO>,-®.... lO.v;®.... lO,®.... 10 @10!.i
Trade Eeport.—The market for yarns and fabrics at Manchester is quiet
but Arm.
—
European Cotton Markets. In reference to these markets
oar correspondent in London, writing under the date of Sept. 38,
states
—
Liverpool, Sept. 38. The following are the prices of
qualities of cotton, compared with those of last year:
&
r-Falr
g'd fair—,
^Ord.4 Mid-,
Sealsland
20
Florida
15
26
21
18
G.Ord. L.Mid.
Ord.
Upland... T»i
,-Good
r
Same
date 1871Mid. Fair. Good.
Fine.—
45
3J
38
29
32
26
22
18
V\
10«
9«
97i
10"<
N.O&Tex7»J
iy,
9X
9 13-16
'
lOX
11
9 7-16
9 7-16
9 11-16
42
28
29
23
M.F.
G.Mid. Mid. F. Mid. G.Mid.
Mid.
S«
9 3-16
91^
9>4
Mobile.... 7>i
6y,
&
middling
9?i
10)i
10>i
9X
mi
lOK
The following
are the prices of middling qualities of cotton at
this date and at the corresponding periods in the three previous
years
1869.
Uidland
d.
Sea Island. 23
Upland. ...12X
Ifobile
12 "i
Orleans.... 12>i
Since the
1870.
d.
16
85i
8»-i
9
1871.
d.
1872.
9 7-16
9 7-16
9 11-16
Et'yptiau....
have been
,~Taken on spec, to
1872,
Brazilian...
Kgyi)tian.
W. Indian..
K. Indian..
.
(Total....
bales.
197,670
84,560
33,500
4,200
229,410
549.:J10
1871,
bales.
325,380
100,7.30
2.5, 190
9,600
79,050
539,950
1869. 1870.
d.
d.
WA
Broach
9>^
8"^
Dhollerah....
8X
commencement ol the year the
tion and for export
Amerlcam...
Midland
Pernambuco.
d.
22
1872.
1S71.
d.
S%.
7
SJi
6>i
d.
S%
8K
6?,'
....
....
hy.
transactions on specula-
:
Actual
/—Actual exp. from
Liv., Hull & other exp'tfrom
outports to date—.
U.K. in
this date—,
1870,
bales.
1,506.220
13,189
5.310
1,850
86.960
•1872,
bales.
89,127
31,421
6.9.10
7.1:38
lO'.l.'JOT
263,520
.3:34.523
1871.
1871,
bales.
282,408
44,865
10,067
6,147
230,031
bales.
302.180
60,330
12,620
15,710
519,430
673,018
910.330
The following statement ^hows the sales and imports of cotton
for the week and year, and also the stocks ou hand on Thursday
•vening
last
,
IBrazillan
Egyptian
.
.bale8.22.630
14,780
4,560
Greek I , oto
)*'•''"'
Bmyrna &
West Indian, &c
Eastlndian
iotal
;
9,070
-
1,910
670
680
400
40
4-30
!
140
9,680
63,9in6,470
2,440
Average
weekly sales
1872.
28,840 1,362,140 19,060,380 27,190
15,«50
608,080
408,960 12.730
5,060
228,540
188,290
5,040
230
6,110 I
15,120
1,690
3,010
92,840 f
78,750
21,190
927,880
660,260 11,250
71,1TO 3,2;0,5J9
3,317,140
57,959
1871.
39,890
6,490
4,650
;
;
old mixed, and white, 47@53c., afloat.
The following are
closing quotations
^
ern
bbl.
:
Grain.
Flour.
Snpcrllne Stato and West-
Wheat— No.2spriug,buBh.$l
t6 20@
7 15®
Extra State, &C
Western Spring Wheat
extras
SAT.CS, KTC, OF All. DK80RIPTIONS.
-Sales this week.
Total
Same
Ex- Speculaperiod
this
Trade. port tion. Total.
year.
1871.
American
Wheat has been doing better for good reds. Receipts have
been moderate at this market, and with some disposition to store
a portion of current supplies, the offerings have been comparative
ly small, while the demand has been good both for export and
milling, shippers being favored latterly by an improved state of
exchanges and lower ocean freights. Receipts of wheat at the
West are now large, and the shipments eastward are more liberal, but the movement and the visible supply are still considerably
No. 1
gmaller than last year. To-day the market was quiet
Spring sold at $1 64@1 65 No. 2 Milwaukee, $1 55 other grades
of Spring, $1 35@1 55. Winter wheats have been quiet, and
white wheats are scarce.
Corn has been a little depressed, but the market in its main
aspects without new features, the fluctuations not amounting to
more than a fraction of a cent per bushel. To-day there was a firm
market and a good demand at 64@64ic. for prime mixed afloat
Rye has been quiet, but firmer, with some business in Western
Barley remains dull and nearly nominal at $1@$1 05 for
at 83c.
No. 3 Western, and $1 18 for prime Canada West. Canada peas
are dull and nominal.
Oats have been only moderately active, but the market has been
gradually gaining strength. Receipts have fallen oS, and there
have been very few offered from store. At the close, new No. 2
Chicago quoted at 45c., with fair white Ohio selling at 46c,; prime
No.
6 65
7 60
spring
..
1
J
9 50@11 25
7 75® 8 75
8,370
Rye
4 2.5® 5 30
3 25® 3 60
3 80® 3 90
Barley— Western
Canada West
Peas-Canada
1
1
64(8
64®
62®
70®
75®
1
1
59
65
67
80
2 05
1
1
62>i@ 84X
Western
50
mily brands
Southern shipp'gexftas..
flour
1
Southern, white
Rye— State and Canada...
1,880
Corn meal— Western, *c.
Coin meal-Br'wlne, &c.
...
Corn-Western mixed
White Western
Yellow Western
25
75
Oats—Black
Chicago mixed
White Ohio and
(>1,780
1
Red Western
Amber do..
White
7 00®--7 30
8 00® 9 50
do double extras
do winter wheat extras
7 50@11
and double extras
City shipping extras. ... 7 60® 7
City trade and family
8 25®10
brands
Southern bakers' and fa-
1
State...
1
1
1
65®
.©
@
78®
88®
80®
41®
44®
46®
00®
16®
00®
67
65
93
85
43
1
4?
53
10
20
1
20
1
:
.
:
THE CHllONICLE.
October 12, 1872.1
in breadstufTi at
-REOXtPTS AT NEW YORK
.
For the
Since
week.
Jiin. 1.
market ha8 been as followp
tliis
time Jan. For
-1872
the
Since
1971.
week.
25 706
I,
.376,318
4a3,731
118.620
!,».'S9,041
1,1.86,877
Oatd
8<}3.aSi 10,168.811
7,958,363
690,9.77
919,528
1871
For the
week.
809.407' 26,388
149,551
1,452
8,487,282 788,117
1,347.463
96.784
17.068,04-
1.
21,435..'t91
89<:,462
9,608.7.^6
7.916
326,919
678.798;
22,659
28,694
270
The market
Since
Jan. 1.
Jan.
6,363
.
"
Bye,
Barley,4c..
81896
840
27.904
The CHRONiciiE by
tables, prepared (or
Mr. E.
H. Walker, of tue New York Produce Exchange, show the Grain
in si^ht and the movement of BreadstuSs to the latest mai'
dates
:
BBCBIPT8 AT LAKE AND RIVER PORTS FOR THE
OCT. 5. AND FROM AUO. 1 TO OCT.
Floor. Wheat
Uorn
OalB.
.
bush,
bbla.
(198lhii.) (BO lbs )
36883
666,050
Chicago...
Milwaukee
25,676
19,958
25,945
4.250
37,730
Toledo
Dotroit
Oleveland
Bt.LoulB
Duluth
ToUl
148,912
144,278
133,129
'70. 163 562
69. 163,120
"
'68. 174.447
•67. 1&(,592
Total Ang, 1 to date.
_.
973,966
Same time 1871. ...... 1,339,475
Same time 1870
1,218,043
Same time 1869
1,146,240
Previous week.
Correap'ng week,'71.
799,858
207.297
236,512
48,3.60
222.607
76,687
2,246,391
bneh.
bntb.
WEEK EMDIKO
5.
Barley.
bneh.
Kyr,
boah.
(56 1hfi.>(.821h..)(4«lbB.> (B« ll-f.)
9,'i9.016
867,.^95
348, R60
21,350
24,200
96,830
11,300
400
889,060
171,606
2,260
23,893
26,086
11,106
2,249
4,i00
24.450
20,600
81,227
4S'.7J0
78,351 180,783
7W,67S
1,372,952
1,446,443
1.384,891
692,?,75
76,62'
769,047 698,661
93,210
979.692
44.%707
165,663
697,782
647,367 651,740
64.966
69.5,599
637,964
186,274
110.774
418,886
942,257 261,481
97,918
666,614
100,771
a32,814 262.065
52.5,J84
18,762,620 6,198,917 2,624,0.34
1.3,761,019 10.846,057 8.100,674 l,417.2i0
6,9f)0,014 7,589, 161 2,9.57,891
600,406
11,016 656 5,206,699
672,851
614,361
2,150,.347
2,687.262
l,913.9;i3
1,808,174
1.9.'i.6,8-i7
2,169,778
16,355,182
19.690,501
14,262,758
15,673,686
Shipments of Flour and Grain from Chicago, Milwaukee
Toledo, Detroit, St. Louis and Cleveland for the week endirc
Oct. 5,
and from Jan.
1 to Oct. 5
Flour
Wheat,
bble
huBh.
Week epding—
Oct. 5, 1872
Sept. 28, 1872
Corresp'nx weei? 1871
144,317
166,675
145,754
101,783
121,461
121.461
1,730,366
1,477,.5I7
1,414..300
OorrcsD'g week 1870.
Corresp'g
esp'g week 1869
T..tal Jan. 1 to date. .3.147,096
Same time 1871
3,.346,368
Same time 1870.
2.9.57.138
1,394,499
1,484.786
1.484.786
'9,199,246
29,631,620
87,468,558
,8,439,082 27,l!6,45o
Sametimel889
BBCKIPT8 OF FLOUR
Wheat,
Flour,
At
bblB.
89,948
66,039
5.600
25,796
18,592
20.229
15,289
Neu York
Boston
Portland
Montreal
Philadelphia
Baltimore
New Orleans
Corn,
buBh.
OatB,
busb.
459.132
1,.537,428
447,fi44
],39;,8e8
615,944
881,255
466.041
671,625
739,988
739.988
609.792
56,677,9i2 14,696,020
41,700,773 13.042,396
17,326,984 9 556,117
20,609,954 7,642,760
Barley,
bush.
783,803
Corn,
bush.
1,637,791
18,061
214,7.59
120,000
60,700
3
60,300
25,410
365.294
175.600
26,264
74,618
Oats,
Barley,
bush.
bush.
Rye,
buBh.
818.867
98,030
7,920
88,678
2,200
300
96,606
23,400
36,983
58,600
400
660
is
227,387 1,197,823 2,.364,867
680,140
144.372
Sept. 28.. 219.939 1,834,880 1,786,769
545.967
118,714
Week ending Sept. 21. 191,015 1,007,675 1,712,015 551,913
64,797
Week ending Sept.. 14. 189,a38 980,644 2.130,010 486,147
18,700
Total Jan. 1 to date. .,.5,6.51. 189 13,7.53,01959,6.58,295 17,644,8971,692.135
Do. same time 1871 .6.654, 140 29,051,601 34,528,684 15,09j,969 887,876
.
The
1,350
2,550
9,384
2,000
466,6.34
784,894
Visible Sdpplt of Grain, including stocks in store' at
Hie principal points of accumulation at lake and seaboard ports,
in transit on the lakes, by rail and on New York canals, Oct. 5
mselt.
Atlantic ports, 1877... lbs.
Atlantic ports, 1871
2.3,142
28,000
70,300
1,049,9.39
1,049,939
441,000
26 016
808,5«8
866.973
86,000
345,791
7,480
20,488
160.623
86,000
storeatDuInth
store at Toledo, Oct.
store at Detroit
In store at Oswego*...
Instoreat
St.
1
Louis
store at Boston
store at Toronto
store at Montreal
store at Philadelphia*
In store at Baltimore*
Rail Bhipments for week
In
lu
In
In
Chins and
I3,7;63!8
Total
1,332,193 lbs.
Japan.
able coffeeB caused a relief from the dniness that prevailed previoue to he
and her entire cargo changed hands within two days. The bulk of
these coffees were good and prime, with some fair, and the salea were within
a range of 16®17Jic. The quoted extreme of prime Rio coffees is now 17Xc,
but a fraction better prices have been obtained on portions of the " Halley'a"
cargo, owing to the active call that existed for these grades. Of the stoc
now in first hands but a small pronortion Is rea?ly desirable for current consumption, and the lower grades are almost entirely neglected, so that the
market is not very strong on anything below a good coffee. There has been a
heavy Jobbing trade this week at full prices. On other grades the market has
weakened a little, and prices have, in some instances, been shaded a trifle.
Maracaibo, Lagnayra and Ceylon are all off a shade, and close dull, though
somewhat steadier. West India grades are also rather easier, and in some
oasea Jic lower. The sales have been 8.045 bags Rio ex "Halley ;" 8,800 do,
ex "Crdabl ;" 3.000 do, exMorancy," at the Roads for Baltimore 966 do, e
"Merrimack ;" 500 do, ex "Souih America ;" 789 do, ex "Neptune ;" 8,000
bags Santos, ex "Favorite ;" 2,889 do, ex "Italy," and 600 do, ex "Denmark ;'
878 do Maracaibo, 200 do Java, lOO do Lagnayra and 100 do Costa Rica, sold to
consumption, and 8,499 do St. Domingo shipped to Europe by first hands. At
Baltimore, sales of 1.783 bags Rio, ex "A. Wilson ;" 5,500 do, ex "Yamoiden ;"
3 000 do, ex "Mary Rice," and 600 do, ex "Agues."
Imports at this port for the past week have included 8,045 bags Rio, per
str ''Halley,"
The stock
lliporte
417,097
81.608
46,000
176,095
441,691
]17,'85S
41349
15,676
80,000
29 755
45,000
54,670
and
1.469
of Rio Oct.
do sundries.
and the imports since Jan
10,
"
"
"
•*
"
"
8.3,718
4,935,663
4,944.009
6,243,121
6.883,696
6,02«,852
6,210,483
2,239,389
1,687,518
1.210,815
828.6C9
513.716
2.098,706
387
46.3,428
6,.3.54,814
26,796
106,029
2,100
60,000
Estimated.
GROCERIES.
Friday EvBHtNe,
The general
Sept. 11, 1872,
week has been fairly active, most
lines showing an improved demand both for jobbing selections
and invoices. The elections in the interior have interfered but
trade of the past
little with trade in this branch, and the only disturbing influence has been the stringency in money and the unsettled state of
finances generally.
Values have ruled very steady, and are
without material change in either direction. A little more steadiness is apparent on some lines, which have been in more active
request, while dulness has resulted in softening the tone on other
articles,
and quotatirns have been sljaded a
extreme of our
last quotations.
69873
Bamedatel671
"
Phlla-
Baltl-
.
New
York, delphta. more. Orleans.
!8.619
438.H9
In 1871
503.S66
....
....
».6»l
5,997
4012
K.SOS
257.-'43
43:,910
sorts the stock at New York. Oct. 10,
ports since Jannary 1 , 1872. were a^ follows
or other
....
...
69,720
128,062
1872, are as fuUowa
Mobile,
Oal*c. veiton. Total.
S.0I5
B.fOO
78S52
SOTO
4.000
88.ei«
1,
44.717
67,511
11,7'2
17,012
842jsf«
1.15],84«
and the imports at the aeveial
--New York-, Boston. Phlladel.
6,769,018 13,197.751
14,136,581
8eot.21.'72 4,920,203 14,452,165
8ept.14.'72 4.66!.603 16,119.798
Sept. 7,'72. 4,151,353 14,566 928
Oct 7, '71. 9,690,169 8,312,017
Total in store and In transit Scpt.28."72
1,056,368
M,s:4,so»
arrival,
39,936
60,000
188,347
502,663
236,000
228! 158
247,176
477,411
6.5,000
194.4.35
1,63.5,931
Total.
t«i.S!»,461
COFFEE.
2,506,006
137,000
87,300
970,221
194,000
175,000
102.000
8(4,296
1,893,138
1,984,204
,
Japan.
8,«'i.ia2
>,2»,';03
The general features of the market for coffee remain much the same as Indl,
cated in our last report. There Is a fair inquiry for Brazil descriptions, and
offerings of the better grades find quick distribution. The supply of these
qnalitiee remains small, although some additions have been made during the
week. The arrival of the steamer "Halley" from Rio with 8,046 bags of desir-
8,842,181
136,000
35,100
8,874,632
466,000
1^2,943
7,300
29,400
80,000
75,000
211,283
817,849
111,719
Lake shipments
\mount on New York canals
*
lS.if8.il4
The Indirect Importations, Including receipts by Pacific Mall steamers via
Aspinwall, have heei: 184.9.58 pkgs. since January 1. aealnst 111.889 last year.
Imports at San Franrlsco from Jan. 1 to Sept. 16 have been 944,709 lbs.
In Bags.
Stock
busb.
Green.
15,310,871
13.M1,J55
New
store at New York
store at Albany
store at Buffalo
store at Chicago*
store at Milwaukee
and ateadily
There have been no direct Imports at New York the past week. The receipts
Indirectly have been 602 pkps by steamer and 14,106 by rail overland.
The following taule snows the Imports of Tea into the United States
from January 1 to date, In 1872 and 1671
Barley
bush.
Cora.
bnsh.
for liner,
half chests Souchongs.
Oats.
bush.
Wheat,
demand
diminishing stock« in second hands wfairh necMBltatcs rather moie liberal
movements in invoices, and nalnrally tends to increase the confidence felt by
holders in the atrenglh of the market. The offerings of the lower grades of
Greens are very plentiful, and prices are weak on these qnalitlea Finer grade*
are not ao much in cxceBs of the trade requirements, and rule stiffer In conaC'
qnencc. New teas arc held with a fair degree of firmness, and where stock is
In Btronghanda it is dlfflcnlt for hnyera to obtain any concession. Old crop
tens fan be bought more advantageously, and the recent transactions have Included considerable proportions of old stock. Japans are selling to a fair extent at steady rates, and there has been no quotable change since orrlaBt.
Oolongs have met a moderate Inquiry for the most part at full quotations, although In some Instances prices have been shaded a fiaction In buyers' favor.
The supply of all BlackB Is fully equal to the demand, and holdera are rather
more willing to part with thia stock on liberal terms than to yield anything
on the better deacriptiOBS of Greens. The prevailing tone is steadier than
was noted a few weeks earlier, and the finances of the trade seem to be In a
Sales since our last have been effected of 8,860 half
less precarious situation.
chests Japana, 7,000 half chests Oolongs, 2,650 half chests Greens, and 1,300
1873:
In
In
In
lu
In
In
In
In
enatalned by a fairly active
;
ToUl
Weekending
.
Rye,
biiBh.
bnsb,
467.334
62,169
301,580
23,686
282,083
26.526
97.111
66,830
13,270
44.312
9' 6,694
2,604,636
2.602,739 l,08ii69«
2,082,802 1..317.6a2
271,595
695,667
AND GRAIN AT SEABOARD PORTS FOR THK
OCT. 5. AND FROM JAN. 1 TO OCT. 5.
WEEK ENDING
TKA.
°
EXPORTS rROX N1!W TORK.
.,
Same
Floor, bbla.
96,637 3,04:. 3!9 Ml^SOt
5,.3»5
158,458
147,109
D. meal, "
Wheat, bae. 679,415 8,667.463 16,461,046
••
Corn,
.1,877,176 83.117,811 a8,23.>,700
The Jollowing
497
'
The movement
-1874.
:
:
trifle
from the highest
In bags.
Java and Singapore
Ceylon
Maracaibo
I'Sfrnayra
St.Domlngo
Other
Total
time, 1871
Same
•
Includes mats.
Bait. N. Orle's.
Import. Import, Import. Import.
stock.
t6,SS7
10.887
2? 919
8.718
180
14.B31
•20,494
69.«47
7,606
94.S92
59,010
Ac. reduced to
4.310
9,683
bags.
P5 217
i0,560
9,188
4.891
9.138
4.3!I2
2.M2
7,;73
3a
Kg
681.896
400,115
t Also, 149,820 mats.
Refiners seem disinclined t» operate beyond their current running neces.
which have been light for a week or so past In view of the liberal pur"
chases made previously and the supply remaining over In refiners' hands.
The outlet for refined sugars has been somewhat diminished by the pinch in
Bities,
mooey. and with trade in this branch looking a little less fa%orable, refiners
have been careful to avoid speculative purchases. The stock of refining
sugars is not excessive, and notwithstanding the prevailing dulness, holdera
have been alow to yield anything In buyers' favor, with a view to increasing
the consumptive purchases. A fraction has been conceded on Cuba grades,
the range at present being 87i@i9>ic for fair to good, against 9®9Vc last
week.
Centrifugals are an eighth lower on the highest extreme, but the
lower priced qualities are unchanged and rule strong. Grocery gradea find
a limited outlet, but are In light supply, and rule firm at last quotations.
There has been a very fair Inquiry for molasses sugars, with large sales of
boxes at prices within the previous range. Havana boxes have been dull, and
are easy at last quotatlouB. The demand for refined Bugara baa been fair, although not active, and the tendency of pricea has been rather in favor of
buyers, though no general changes have occurred. The transactions In raws
are very light, and include 1,542 hhds Cuba refining grades at 8^®9Xc ; 17
hhds Demerara, lljic; 580 boxes molasses, clayed and centrifugal, at 8X®
lOJic; 760 hhds Porto Rico at »fic; 870 do do refining 8><®9Xc: 4,600 bxs
molasses sugar, e®8Vc; 160 boxes, description not given, 9<li@9Xc; *U <10
clayed Derosnc, 9X@tOiie, and 290 do, VJie.
—
THE CHRONICLE.
498
THE DR7 GOODS TRAD£.
Importa at New York, and etock in first bands, Oct 10, were as follows :
Other. Brazil. Manlls.&c.Melailo
Cnba.
Cuba. P. Klco.
bzs
'hbda
'bbiin.
•hlid».
Imports this week
5 711
"
since Jao.t. 8M,9«t
1,29«
east
Jll
251.'4T7
ametlme.'ll
lWji02
27,771
3S,817
40.569
59,095
.
••
.
aCSvUOS
Stock In flrxt hands. 80.565
76 376
Same time 1671
••
1670
tbage.
«1.4'9
~
56,459
510,339
551,109
bhds.
The
29,270
42,396
a<)6.031
3.402
6,i6S
456.875
362
6U.0<e
49 944
56.60)
54.112
89.977
,.
baga.
[October 12, 1872.
Fbidat, p. M.. Oct. 11. 18TI
have had the effect of
elections in several of the
States
checking trade during the past week, and the business has, on
the whole, been rather quiet.
Cooler weather
A very email proportion of tlie liglit stock of molasses now in the market is
adapted to tlie wants of boilcrB, and marked dalness prevails in refining
grades in conseqnence. Reflnera have ran pretty close on tlieir stocks, and
are now in^niring more extensively for fresh lots, but are not operating to any
extent, inasmncli as the offerings made by Importers do not meet their wants.
Quotations on refining qualities are off considerably from those last qaoted,
and are somewhat nominal at the decline in the absence of sufficient trade to
fnlly establish values. There Is a more steady inquiry for small lots of grocery
qualities, but the outlet is not very liberal, and prices favor buyers to some
extent in nearly all grades. There is a ful! supply of grocery molasses, the
stock of both Cuba's and Porto Rico's having increased considerably within
the week. Domestic has been more quiet, but there is no alteration in the
range of prices, and the limited sales effected do not show any particula''
advantage to buyers. Syrups have been in fair demand throughout the week.
The finer grades have sold liberally, and more activity is extending to the
lower qualities, which retain their firmness at unchanged figures. Sales are
reported of 90 bbls. New Orleans at 73@83c, and a few small lots of Porto
leading jobbing establishments
few weeks ago.
their sales
business
Cnba,
Imports this week
'•
since Jan. 1
"
8ametlmel871
Stock in
"
"
first
1,142
72,3il
75,493
hands
"
"
Imports o( Sng;ar
The imports of sugar
from January
1, 18T2,
|
—
Total
.
,
60.i5i
43.833
1871.
305,0)1
2S.852
2S.(U7
4O.0Oi
96.361
504,435
436,267
351.961
25,557
New Orleans...
26,603
35,3i6
561
1,837
2,984
4,198
5.263
3,4J3
735
Suffar..
.
'Hlids.
IS71.
S4S.3V:)
70.!II5
52<1.274
631,748
771 7(14
7,225
33,060
H
97,291
6.153
S59,243
5S6.329
8116
,
1871.
607.718
tl872.
79.0
6! 762
105.5(8
9,750
36
Bags.—^
Bags.
.
.
,
U7I.
3J5.4:«
81,716
28,935
1,443,827 1,076,819
2 SOU
—Moiasaes.
-
.
.—"Hhds.1872.
iio.-'n;
48.5-i4
1871
128 761
45,!83
87,2S6
20.803
6.U2S
78,062
21,04j
376
273,430
273,568
55
79
35
53
83
48
75
Yonnff Hyson, Com. to fair.
Super, to fine.
do
do
Ex. fine to finest
Gunpowder Com
to fair...
do
Sup. to fine..
do Ex. fine to flnest.1
00
to
37
Imperial.
Com
® 50
@ 71
® 84
@ 45
® 75
@1 12
® 67
® 92
®1 27
® 47
@ '5
40
f'tlr....
57
SuD.tofine
Extra fine to finest 75
do
do
Hyson 6k. A Tw. C. to fair.
do
do
Sup. to fine.
rio
do
&z.i.tonn6t
Uncol. Japan.Com. to tafr..
do
Sup'r to fine...
do
Ex. f. to finest.
Oolong, Common to fair
do Superior to fine....
do Ex fine to finest
Bouc. & Cong., Com. to fair,
do
Sup'r to fine.
do
Ex. f. to finest.
92
(S
gold.
gold.
gold.
gold.
rold.
gold.
do fair
do ordinary
Java, mats and bags
Java mats, brown
17H9I7V
Native Ceylon
lltH«l6y
ISKSl'^M
Maracalbo
Laguayra
II
@1
SI
023
Mocha
S
m
.'<8
®1
!2
05
:'S
(S
3'>
m
86
®
40
63
(5
.TamHica
15K(iil6V
15X
K
1
13Xi3X
\i;4 16
82 @23
@
8
S^S
9X(^
9Hi8
8M
I
9>£
<i><
1
'
i
.
Porto Rleo
I
®55
28
22
Cuba Muscovado
(8""
28
Rangoon dressed, gold
li
80
English Islands
Rice.
8V® 9K
I
Spices.
Cassia, In cases... gold
Glnger,Raceand Af
lb.
igold)
do
Mace
Nutmegs casks
do
¥
®
®
29
do
Cassia In mats
10«®
115 @1
season's trade
is
casesPenang
90
96
®
@
11
I
H
'
17
92;<
93
(gold)
do Suma ra & SlugHpore
Pimento, Jamaica. .. (gold)
do
In bond
do
Cloven
do
do
In bond,... do
IClovestems
do
I
I
12
17
®
®
13
a)
....@
1,7
7)i@
22
15
w
@
7:
<«>
17
Frnlts and Nnts.
Batslns,8eeaiess,nw V frall.6
"OW »
Hrt
T.ovor ;S72.
S box.
hn-r 2
9
Layer,
do
do Sultana, V Hi
lo Valencia, V li
do Loose Muscatels
2
Currants, nrw
V lb.
Citron, Leghorn (new)
Prunes, ^French
Prunes, Turkish, old
— d
&
OO
35
10
money marki^t more settled.
Domestic Cotton Goods. There has been a comparatively
light demand lor most descriptions of cotton fabrics since our last
the
—
any
class of
13^®
® 2M
® 7«
46 ^ 50
ii ®
15
®
do
new
7 ®
Dates
6 ®
Figs, Smyrs
» ». 15 a 20
„
Canton Olngcr.'-ase
900 ®9 60
Almonds, Languedoc
20 ® 21
do
Tarragona
19 @ ....
5"
® 18
iT'?,'--V i-,v
do
BlcIlT, soft shell..
..®
dull and nominal. Drills
7
do
dp
Baralnes
•ardinm
papershell
J6H®
26xia
..jfhf.boi. 86 8
«raiUNHt»^«w
V
qr.box.
\
22
a
.
.
.
Apples, State
I
J
;
|
I
1
so
28
I
7M
I
;i
»Hm. l*X
1
and what trade there
is
have sold to some extent for export, and
Domestic Woolen Goods.
—The
demand
for the heavier de-
wool fabrics rules fair, and csonsiderable amounts
have been worked off in a jobbing way. The elections following
the Jewish holidays have a tendency to restrict trade to a considerable extent, and the outlet is less liberal than was anticipated.
Prices are sustained very well in staple fabrics, while the less
popular makes of cassitneres are only moved at a concession. Flannels have been sold to a considerable extent through the auction
houses, to the detriment of the out.side trade. The same is true
of dress fabrics,
do
fl
A.
sliced
Western
do
do
__
prime
Southern, good....
Bifeed.
new
Peaches, pared
do
unpar«
npared,qrs&hlve
Blackberries
Cherries pitted
Pecan Nuts
Hickory Nuts
»
lb
» bush
Chestnutdo
Pe»nntB,Va,g'dtoriicy olil
do
do
10
12
do
do
which
Foreign Goods.
close rather quiet.
— The demand for imported dress fabrics from
hands has been cdmparatively
first
light.
A fairly active jobbing
from auction offerings. There is a
and other heavy fabrics at full and
Staples are generally in fair request, and the
satisfactory prices.
ruling prices are not materially changed from the opening rates.
Silks and ribbons are active and firm.
We annex a few particulars of leading articles of domestic
ally replenished their stocks
aud
9K@
d
5
10
12
16
10
19
9
®
Slicetlngs Continental
UwightX...
Shirtliiss.
Albion
A
36
®
®
®
®
®
36
Arctic B
Atlantic A... 37
do D.... 37
do H... 37
Appleton A.. 36
®
®
®
Aiigi-rta
®
o
do
36
Boon
^
....®
...
.»
...
s,2 OD
•«
N.. 30
Bedford R... 30
.
do new....... 150
Wll.oi'd to hist di. 1 45
for velveteens
Width. Price
.Xgawam F... 36
IIX
12^®
DOHBSTIO nniKD FRUITS.
I
I
regularity,
rule firm with a very light supply.
Brown
11
Barcelona
do
Walnuts' Bordeaux
Macaroni, Italian
75
.
Shelled, aiflly...
Filberts, SlcUy
'
show more
manufacture, our prices quoted being those of leading Jobbers
®
V®
l\%i<^
afrlcan Peanuts
t
2 40
well over, unless the auction houses are hereafter
be made the regular channels for this trade. The money stringency has had little effect upon trade as yet, though it naturally
tends to make buyers a little more cautious, and renders dealers
here less anxious to extend their l redits than they might be, were
to
good inquiry
Pepper, In bond
I
3'<
re-
trade has been done throughout the week, but jobbers have gener-
'
ond 8)^9 3x Carolina
In
@25
®ao
-"
®38
.20
Cuba centrifugal
I
now
goods to auction. Were this practice more gen.
the effect upon trade would probably not be damaging, but
it must be admitted that the result of some of the sales held this
fall has not been beneficial to the general trade in competing
lines, and it is questionable whether it is good policy to consign
I
inolasses.
Vgall ,40 390
Cnba Clayed.
Hew Orleans new
is
peculiar feature of the
scriptions of all
Havana, Box, white
1!!^<312^
Porto Rico, refining grades... "^(0 9^
do
grocery grades
95<'3injt
Brazil, bags
7;^® 9>^
nfanlla, bags
9\®\0
8 (3 R$c
^U^
9K®10K White Sugars, A
do B
any.
do Melado
4HI8 6V I do
do extra C
7X9 9V I do
do moiaases
115<-S11K
Hav'a,Box,D. 8.No8.7to»... 8«® 9S< Yellow sugars
9 (aiujc
do lOtolS.. 9v;a 9j< Crushed
do
sia^;
do
do is to 15.. 10>i(S lev Powdered
aV2%
do
do
do 16tol8. 11 ®11^ Oranulated
do
do
@12X
do 19to20.. tlKaiSK
do
do
.
prove a failure
A
14><-ai6S«
Saear.
Cnba, lal. to com. refining. ..
do fair to good refining
do prime
do fair to good grocery
do pr. to choice grocery...
do centrifugal, hhds. &DXB.
to
Brown and
doing is of an eminently satisfactory character.
bleached cottons of fine and medium qualities are in fair request
Canton flannels are selling well,
at steadily maintained figures.
and rule firm with a light supply in first hands. Prints continue
to meet a fairly active jobbing demand, but prices lack buoyancy
and remain at llj(gl2c. for standard makes. Colored cottons are
42
57
05
7li
41
gold.
gold.
goid.
gold.
pold.
gold.
Domingo
914}^
K^^tQ
20
seemed likely
10 (xmsign their
jobbers' quotations
®
@
32
47
70
32
Come.
Klo Prime
do good
up business during the remainder of the autumn,
at the outset
and conces-.
goods could only be obtained with difficulty.
The stocks of nearly all seasonable fabrics have been well reduced
in first hands, and agents are able to control prices as yet, while
Tea.
fair
of the season's
every indication
dry goods business this fall has been the unusually large amount
of goods that have been placed through the auction houses. Not
"nly tave importers made liberal consignments to the auction
houses, but our domestic commission houses seem to have gained
the idea that where lines move slowly, the most profitable way of
realizing returns for the advances they have made upon them is
sions on
CURRENT.
ITHOIiGSAI^E PRICES
Superior to fine
Ex. flne'to finest
is
report, but in spite of the dullness prices rule firm,
InflnfllnortMrnoii and hurrfiU reduced to hbds.
t Includes jaeko^s, 4c.. reduced.
do
do
employed, although
The bulk
staple goods of solvent accounts to auction at least before the
1.
•
Hyson. Common to
fairly
off.
eral,
370
have been as foUows:
to date,
Philadelphia... 21,513
Baltimore
13,575
20,451
bbls
our
contrast to that of a
still
falling
traffic in
marked
garded as a very satisfactory season.
(including Melado), and of Molasses at the leading jiortF
1872.
York
50
1,909
2,993
S'.l
in
undoubtedly over, though there
is
and what
hands are
show a material
that the sorting
>.o.
molaaaes at leading ports since Jan.
dc
-Boies.
Boston
Other
•hhds
23,M2
12.754
.
I'lew
•hhds.
31,801
2,323
same time '71
same time '70
Demerara,
P. Rico,
•hhds.
First
is
effect
and the smaller
houses are doing rather more business, while the
Rico within the quoted range. Als» at auction, 70 hhds. Porto Rico at 50c.,
four months, and 110 bbls. >ew Orleans at 47>i®79>fc., cash.
Tbe'receluts at New York, and stock in first hands, Oct. 10, were as follows.
•hhds.
having the
is
of drivin.s; the near-by trade into the market,
30
do
do
34
40
S
W..
.
Commonw'lth
O
iix
11
36 1.3X-14
27 11-llX
do
Y.... 32 12-14
do
Z.... 36
13
Indian Head. 4-4
do
..48
20
13X Ind'n Orchard
A
18X
13«
13!4^
IIX
12
10
13
48
13X
16X
«
8>»
do CC.
do HB.
W.
do
LaconiaO
do B...
;lo
2...
Lawrence A.
do
1>..
d
.
do
XX
36
34
33
80
39
37
16«
.36
19;,;
36
lax
;!6
14
36
LU. 36
15)i
Kfi
IIX
13X
18
»
Lawrence J..
do
Y..
Nashua fine O
do
U. ...
do E....
do
W..
40
36
33
36
40
48
7-4
Pepperell
do .... 8-4
do ... 9-4
do
do
do
....10-4
....11-4
...12-4
Utica
do
do
do
fine
Hon
:
15X
12X
13«
14Ji
16
21
25X
27X
30
35
40
45
,36
IPX
48
68
40J^
3SX
25
19
—
.
:
Broirn
Delaine* and
Drills.
Width. Price.
IS
AugUHta
Laconla
Laugloy B
15
14
SUrk A
Amoskeae
14X
PACIFIC SlALLa rABRICS.
Printed Delamcs... 20
Japaut:sc Stripes
20
20
Chintz Alpacas
Poplin Stripe
22)i
25
Imperial Kepps
Androscog'n sal
Bates
Berkley
16
—
Canoo River..
ll)i
Bl'clied Shoettng»
and SlilrtlugH
Biarritz Stripes.... 25
22
Anilines
Amurtkeag.
K Armnres
ahlans
X Berlin
Cordfl
K
X Striped SatincB..
\ Suez Cloth
a Poplin Lustres..
X Alpaca Lustres.
X Corded Alpacas.
do
do
46
49
16«
15X
A. S6
AndroBCOggln L
36
Arkwri'tWT S6
Auburn
38
Albion
15X
17
15
. .4-4
Bartletts... 86
.... 33
.... 31
Bates
45
XX.. 36
UB... 36
B.
33
do
do
do
.
11
.
do
do
16X
36
14-14X
14X
do C...
do O.... 30
Loom
do
do
do
Q
8
H
Larne
10
10
87>^
Warren
High colors
lOX
37X
1.W
12
13^
13
.32
IBX
do Camhric 36
22X
N.Y.
MlllB 36
PeDperell .. 6-4
do .... 7-4
do .... 8-4
do .... »-4
19
25
27X
30
35
40
45
....in^
....11-4
Poccaeset P 83
Utlca
6-4
do Nonp 6-4
9-4
do
5',S''«[4tol-J40.46
Light
dnck—
Albany
Algodoa
American
25
32X
50
55
17X
—
17>f
Checks.
10-10>f
9
12
Bedford
Cocheco
Gamer & Co
do
do
do
do
do
I
I
[
H-llV
11^1 Park,
ll,i<
do
do
lOX
12
do
11^'
do
Gloucester
do mourning
I-odi
I
Manchester
Merrlmac D dk
|
W
do
pk and pnr.
do Shirting
11
Pacific
ll>f
13
'
I
Richmond's
11)^-12
Simpson 2d Mourn, lljf
do black & whJte. llii
|
i
'
Spragne'8fan..ll)4'-12
i
Hamilton
|
1I>^-12
Glazed Oambrlca.
22Jf
25
26>f
16
18
80..
«..
8..
B..
15..
No. 60..
70..
80..
90..
100..
27X
H
Sterling
Tap
13«
Hartford Carpet Co
AA
B
Gambler
October 10,
1
67)i
1
1
1
60
35
20
35x
;2
00
'
(X)
S%
23
33
lb...
S'V®
5%
l^u
HX
50354 00
'iX&
6 fi2S
87
62
....
7>^
^
45
ao
1
.
34
10
9
21
95
10
e
80V
@
37
25
35Ha
a
a
1%
V^&
®
FISH— Drycod
22)t
»
DRT GOODS AT THE PORT OF
5 75(8 6 25
.... 20 ("0® ....
FLAX— North
Ulver....»i
^
11
ft
FRUITS—See groceries.
GUNNIES.— See report und'?.r
dry goods at this port for the week endiog
1872, and the corresponding weeks of 1871 and 1870
Of.
0(l«12
Oil
I5a
lO
!iO
@
00
4
i» 8 50
HAV— North R.shlp'g,*! 100 Ibl 00a 05
HEMP- Am. dressed.* t0n.l9C ilOaSSO nn
1
1870
.
Pkgs.
"^
Manufactures of wool
do
do
do
1,513
cotton.. 1,179
silk
flax
54.3
1,145
Miscellaneous dry goods.
Total.
.
343
-1871
,
Value.
Pkgs.
Value.
Pkgs
$563,999
319,898
460,622
269,834
211,191
G12
404
4,830 $1,825,544
1.586,222
a51 5(17
1,421
1,082
502,416
210,486
117,405
1.307
4,728 $1,768,095
1872
,
527
493
.
Value.
American undressed
$267,413
140.488
2.36
16.3,381
Sisal
8H»
315
316
102,706
96,608
Jute
.i
1.883
$770,596
do
do
silk
flai
Miscellaneous dry goods.
$121,134
58
305
5.3.677
257
Total
1,155
Add ent'd for consnmpt'n. 4.723
52,984
Rio Grande
Orinoco
74,960
20,176
$.3.32.031
1,768,095
California
699
273
83
297
448
$267,503
72,560
996
316
$461,230
121.467
87,410
40,325
164
2.54.B.33
1,800
4,830
$'92,255
»9.39,481
1,825,544
2,148
1,883
8,63D $2,417,799
4,0.31
$1,710,077
330
342
,^
gld
"
"
Corrlentes
8AMB PERIOD.
365
175
gold. 210 00^215 on
" "
V »
Montevideo
WITHDRAWN PROM WABEUO0SB AWD THROWN INTO TBE MARKET DCRINS THE
Manufactures Of wool....
cotton..
do
"
"
"
**
Maracalbo
"
Bahia
Haracalbo.gold
Salt.—
Dry
102,735
81,819
39,064
Chill
"
Pernambuco..
Matamoras
"
"
"
Bahla
5,878 $2,101,026
770,596
Bnenoa Ayre8..V1bgold.
"
iranae
California
Texas
KNTBRED FOR WAREHOUBING DURINO SAME PERIOD.
Msnnfactnres of wool
do
do
do
Miscellaneous
Total
cotton
.
silk
flax
di*y
goods.
589
94
107
7B4
51
1,605
A dd ent'd for consumpt'n. 4,723
$209,409
32,670
137,952
90,328
20,577
$490,9.36
1,768,095
Total entered at the port 6,338 $3,299,031
$192,012
146
143 985
87.386
16.628
495
3,599
140,.542
1,4'?6
$512,%5
4,830
1,825,544
4,992
1.883
$612,644
770,596
$229,568
6.3,648
12.5,735
'6,996 (2,338,609
6,876
llOPft-Cropol 1872..*
Ciopof
68,547
tl,«»,ir
Crop of
a
5S
_
.^
* bush.
Cadiz
Liv'p'i.varous sorts
. .
SALTPETRK-
1
*»
Refltied, pure (cash)
...gold
Crude
Nitrate 8nda(cash).
9EKI)-Clover
Timothy
U»mp
85
SOO
— am
1.1!
7X
SXa
9M®
»»
*bush.
_
(g
7
"
fortlEii
40
35
32
40
'
....
I^X
.
afW
3 50
™ IS® 12 S
00
Flaxa.ed, Anier'n,r"i'h. 1 95
Linseed. (:al.,*961bgld. 2 S5
a
2 »J
a
a»
» 29
?75<
«>°
J7>4
7
M
a
TKH
(86 VTH
.* lOOIb.gold «
* » 8X(»
Plates dompstlc
groceries report.
'.5
Pl'atesilor'n
SPICKS— Sec
SPIRITS—
U
'-'' tail.
1lrandv,rorel«mhraiids.gold3 60(819 00
5
Kum-'.lam., 4th proof. •' 3
S CO* 8 40
St. Croix. 8d prool... "
Gin. rtlfiennt brands. •• 2 90a 8 0»
"g g
Do7>vU<- llQUora—CMb.
A icobol (88 per ct)C. ft W.l 77J<a
v..
W
'1H«
Whiskey
a
25
....a
....a
23
(?»
a
a
iH
17
15
.
16
17
14
a
<9
a
a
a
2-,S
25
22
25
23W
23 H
19
Irt
16
cur.
12
....a
16«
is«a
14
13
ISX
1871
»
1870
66
53
48
52
PlK, American. No. 2
Put, American Forge
Pig. Scotch
Bw, refined Bog.* Amer.llS
OKu
OOa
009
50®
ft,
gold
l.Hl<
a
Si
9Va
Kentucky lues.beavy
..
57 00
54 00
49 00
61 OO
OOdUO DO
J5
!«.
M
« 95
16
a 40
tOX«
•
leaf.
w
13
a.U
1150
TOBArro—
Si-cd leaf,
a
12 75
pTa'teJ.Vc.ihar'.'vb"
Plates.char. Terne "
Cnn.. wrappers.
45
"
»
..91'
Wl
fUvana, coin, to One
Manufac'd, In bond. dark wrk.is a
15
»
a 55
Amerlcan.8«xonTFleece *» 51 mm
bright work. 25
••
American. Full Bloo J Merino 97 a6a
65 ®70
Amertran. Combing
95 660
Eltra.PnIled
1.
Pulled
Fine.
40
«45
88
038
BprlneClIp—
uLwashed
•«
g
80 aSS
Medium
Common, nnwasbefl
South Am. Me»-lno, unwashed
Oaoe 0.>od Hope, unwashed.
Tcva«,nne
09i
#88
*S8
940
a^O
lOXaiOX
i*8
85
85
37
27
•»
ZINC— Sheet
^—SAIL
FREIGHTS—. STEAM.
—
—
To Liverpool
» »
Cotton
Flonr ....*bM
:
30
40
sssa
S8X
-
;;
rexas.raed'nm
Smvrna. unwashed
14
* 9-1*
881^
Straits
No
13
23
TIN— Bancs...*
C-'.lfornia
lis
16
17
11
TEAS—See Bpeclal report,
17
a
a
a
«
a
•
lox
I'M
•
•
StUJAU—fee special report.
TM, l.ow— American* »...
16
IK
15
....a
...a
»
Eii«ll8h,east,2d&lBt<iu*Il 16)ia
KnKll8b.Bprlmr.2d*'«t qu »Ka
EuKllsb blister. 2d* Istqu iixa
....a
American blister
....a
American cast. Tool
...a
American csstsprlnij
...a
American machlnerv
14
fillers....
PennBylvanlawrapners, :3«).. 9)
11
IRON— PiK, Am., No.l.* ton
1
11',,
"
Calcut. city »lt. Vlbgold
Calcutta, dead green "
"
Calcutta, buA'alo.**
87,.')68
&
24va
3i«a
Ka«t India Stock—
470
283
579
195
96
316
250
11
Wot Salted—
ni/»
rotalthrownnponm'rk'l
Ju^iso on
:&i
Russia, clean
Manila, current.
HIDES,
„_
Dry— Buenos Ayr. V>
*K
American German spring.
Shipping * .15 B keg
Mln. & Blasting
10, 1872.
«14
QIl
Cotton.
GUNPOWDDK-
:
IJH
cwt.
Mackerel, No. 1, shore
Mackerel, No. 1, Halifaz
Mackerel, No. 1, Bay. new
Mackerel, No. 2, shore iH^w
Mackerel, No. 2, Bay. new
33
HX
00
ISlCi^-Soe groceries report.
flPKI
(^5
lixa
00
"fc
10
@
Vltrlol.hlue
„
60
75
"0
t'a
«»«
>4
Lard
22
li^®
75
5
*»
Hams, pickled
SILK-Tsatlee.No.a chop*nv« 00
S W
Tsatlei-. rc-e.led
7 75
Tkvb. am. No9. 1 &2
Canton, re-ri-elcd No. 1.. C 50
IJW
®
18S«
.,
Pork moa. » hl«Unew).14 85 014
11 so »11
Pork, extra prime
18 90 614
Pork, prime mess
9 00 ft B
Beel, pl.lnmess
» 00
Be.^f. extra mess
20 00 623
Beef liaiMs
Turks Islands
.
o;>ja
•
a
«
2«
PkOVlSIOKS-
SALT-
21
4X4^
90
1
irravlty. In
In bbls
»\m
2li
4KO
"
I
Bellned, standard white.
Naptra. relln.,«8-7SgrBT.
19K®
6<l
lOX
bulk, perifallon
32K
5()
7Xa
45
rude 8
"
"
59
yellow 8.. ..
Whale, bleached winter.. 72
Whale, crude Norlliero.. TO
185
Sperm, crude
1 62
Sperm, bleaclied
80
Lard oil, prime winter...
Cottonseed
Crude, ord'i
82^,a
d
@
3
62 Q
o
S4V®
^
4
PETROLEUM-
S73^
40
Quicksilver
85
!>,>X(»
peroz. 2 SlJia 2 60
Quinine
Rhubarb, China....* «. 5r- 19 1 00
Sal soda, Newcastle, gld
1 r^Ifi
ShellLac
40
48
gold. 3 181^9 3 50
Soda ash
Sugar lead, white
16
16V
BodyBrnsSfra. 2 10
do
4 do 2 00
do
3 do 1 90
plain, 33 in
ex plain, 36 In
30,,
10
43
45
gold.
Imperial 3-ply..
Superfine
Med. super
ENTSRBD rOB OOMStTHPTION VOR TBI IHTEK XMIIINa OCTOBKR
6
"
OpIum.Turk.lnbond.Kld
Prusslate potash, Anicr
of
have been as follows
"
Niltg'ls.blne Aleppo, "
01: vitriol (60 to 66 dogs)
NEir TORK.
The importations
*
67X
27H
....a
20
46
"
eitrapale
5
I
»»
62X
«4 40
a9 29
a4 87X
<9 75
a6 50
Clty thln,obl.liibhl8.*tn.gd8« ooa ....
West, thin ohIV. (dom.)... 36 90« ....
OILS— Olive, in esks * «Bll 1 26 al 28
Linseed, crushers prices
SO
* L-allon, In casks
45
@
33
Vlh
9
pale
OAKUM
Oil. CAKK-
i:i
SX&
M»ddcr. Dutch. ...Kold
Madder.Kr. E.X.F.K"
Extras ply
Hemp,
inrPORTATIOlVS OF
Am. roll
Ko.l
N0.2
••
J
50
a
<12
85
10
5
60
00
4
••
Crude
» B
Ginseng, Western
Ginseng, Southern
Jalap
gold
Lacdye, good* One •
9 65
1.. 2 65
13X
do
®
«4
Spirits turpentine.* gall.
HoBin, strained, * bhi...
"
(over
L.corlce paste, Calabria.
Licorice paste. Sicily ...
35
\
. . .
»fitH
4 00
4 :i>iX* 25
Pitch. citv
UH
(^
^
si>eclal report.
Tar, Washington
Tar. WllmiliKton
31
Auctlon sale of Scranton, Sept. ^5:
P.OIO tons lump..
3^5 (* 3
S.UOn tons steamboat... 4 0(1 ® 4
Jfl.OOO tons grate
3 60 cm 4
lO.OOO tons egg
4 OO «, 4
20,000 tons stove
4 27K® 4
15,000 tons chestnut
8 70 ® 3
Liverpool gas cannel
15 OU ^16
Liverpool liousecannel 20 00 i&iij
COFFEK.—See special report
ilochlnesl. Mexican. "
tartar, Fr .pr. "
Cubebs, East India. "
"
Cuteh
.
20
22
20
17
14
Cream
Brussels.
Cro8Bley& Son's. 1 44
Eng. Brussels. 2 20-2 30
—
BB
doCC
A No
Cheese— l^arfry, nnc...
do com, CO gd
—
65-67)i
85
70
14)^
12
21
do do
23
Chlorate potash
Caustic soda
Jochlneal, Hondur..
42X
iels
l)est
28
<«
Camphor, crude.... gold
70
42>f
Arlington
I
8H
Hadley
HolyoKc
(ad
10
Brimstone.
47><
Bedford
Boston
Beaver Cr,
do
8X;-9
8)i
70
70
Samosset
Green & Dan-
2.3>4
2U
Bicarb, soda, N'ciiHtle"
Bl chro. potash, S'tch '*
Bleaching powder
ronirl'
NAVAL 8TOKKS-
•'
ID
roni.tOKOOd
tut)«, Sne
Western flrkms
i
Orinoco, Ac
MOLASSKS-Rre
2 i5
@
»
SO
line
32
87
80
il
It
26
29
Callfornl*
12
a
i»»
SHOO
" roiiKli slaughter
lleni'ock.B.A
"
"
<:)<
CO
^caih,»»-«
Oak, slaughter
•*
erop
il}«
llxa
100 ibs. 2 Of
Brlmstone,cru.»ton,i?l(l
Geo. A.
o
9
ai
.06 tiH
..
62Xa1
«
••
I.KATIIKK—
10
...a
*'
70
70
13
i
Peqnot
Eed Cross
12^
Kligllsn
Bar
Pineandshoet
llHd
CH1';K8K—
new
4
Sl>au;ih.ord'yV:0ui)Ro1d
"
•
C.erns:!.
W
Nails— '.Od.iiBtd. com..* kg ...at 00
Clinch, 2to 3 In.jc over7 50 «» ou
Yellow metal, Bb.&sl.. '^7 a 3U
Copper
@ 43
Paints— Lead. while, Am-
wh„Kngf>
I4A i.a«lt0 (10
,
_
Braziers' (over 16 oz.)
American InROt
12X
Willimantic, 3
cord
do 6 cord.
17
19
21
|:
m
COTTON— See special report.
DKUG8 & DYKS-Alnm.. 3i<a
gold 20 &
ArfTOls, crude
IrsrolB. refined
29 ^
Arsenic, powdered. "
2 &
Spool Cotton.
Clark's,
—
120ZJ
15
Brooks, per doz.
200 vds
...
J. &P. Coat's
Clark, John, Jr.
"
Sheathmg,
12
24
15
i
Manvllle
Park MlllB
Peabody
Quaker City
Kenfrcw
Union
'•
E'hlliideiphla irontH.
COPPER— Bolts
14
12
14
14
Amoskeag
i
Har n<ny
12>i
....
5 IJUO 8 Sll
12 ixxttiii
40 UUtt<5 l»
Cement— It'Hf'TuUi*' •'tibl ,...« 1 <U
Lime— Itockrd.coin. V bbl. ....» 1 ss
Uocklaiid. lump..,,
....a 1 ;9
Lumber Southern pine.. :n %iit4«uu
v\hlie pme box boardB. 31 001383 00
While pine iner. bx b'ds 31 0«»4
Clear pliie
tl*(K)®7» ifO
Spruce boar<lH ik planks 8t) U<ii^32 00
Hemlock bu'rdf &. plunk 27 00834 00
(:ri>ton8
COAL-
13Ji
Albany
Chester D'k
Everett
i
Namaske
8 75
0eeri6A0O
145
ItO(io«:70 CO
Hoop
Sheet. ltuR.,aM. tonsflor.gd l^lia HSi
Sheet, sing. d. 4k t., cola..
IMa 8M
Kails, Khk. V ton., (void) 74 OOa 79
Kails Am. .at works In Pa. 85 00« 87 90
l,KAD-
Wclsli
'
13
t2}i
Gloucester
Hartford
Lancaster
25®
Bar, Swedes
Scroll
Bt;i(,DIN(i MATElilALSilrlcka—Coni. liHru ..r M
Statebalf flrKlns,
12Ji.
Glasgow
Carpets.
I
Oamer
14
Velvet, J. Crossley
& Son's
Denims.
8X Haymaker Bro
8X Hamilton
8-8>f Manchester...
SH OtlsAXA
Amoskea.'
15
Bates
Caledonia
Chlcopee
report.
Paris
bams.
Amoskeag
8
liUEADSTUFVB— Seespeclal
BDTTKK AND
Domestic Glng-
25
j
V
bush
3
& Co
Caledonia, 70..
Price.
C
do
Manchester
17-18
19
14
ll-lljf
17
17
14-15
18
Hamilton
Whlttenton A.
do
BB..
C.
do
llX-12
Amoskeag
StarkA
7X
Haymaker
26
25
Prints.
American
PowhattanA..
do
B..
12>i
Arkwright
Easton
A
Ontario
ASHES— ?0t,l8t sort » lOO lb
erican, pure. In oil
32 00
32 00
34 00
ai 50
84 00
87 00
35 00
42 50
37 50
56 00
Lewiston
OBNEBAL
PRICES CURR''ENT.
Lead,wh., Amer..dry.
Zinc, wh., dry. No. 1.
Zlnc,wh..No.l.lnoll.
Bags.
Amoskeag
GreatFalJaA.
Ludlow AA....
13-1.3>i
Amoskeag
28
26
25
as
American
35
Pliiid
499
1
22ln.—
Sail duck,
2.3X
Stripes.
lOX
do
10-4
4-4
do
do heavy 86
do XX 10-4
Wamsutta.. 45
do .... 40>f
do .... 36
do XX 86
Ic higher.
Cotton Duck.
20
22X
29
23
20
18
16
23-24
28
23
20-21
17-18
16-17
16
13-14
Easton A. ...
12>^
B
do
ll)f-12>4
Lewiston A... 36
29
do
B... 30
21
Hamilton
19
16
Lonsdale... 36
Victory
22X
27X
Lonsdale
S. 8. ASons...
Tlcklnes.
12X
14X
36
36
31
32
A
do
do
Paper Cambrics.
Amosk'g ACA.
do
A..
do
B..
do
C.
do
D..
Cordis AAA..
ACK%
do
No. a.
do
No. 3.
do
No. 4.
do
No. 5.
do
No. 6.
do
No. 7.
do
13)i
KllertonWS4-4
Prnltof the
dr't Falls
Naumkcagsat.
Telle de France.. 27)f
BlackBtone
AA
12>i
14
16Jf
Roubaix poplins.. 35
Bear duck (8 oz.)
La Prom'e stripes 37>)f do heavy (9 oz.).
Washington Mills—
Mont.RavenB29in
EtolleduNord... 25
401n.
do
14
Boott B.... 36
14X
Laconla
Poplin Alpacas.. 25
Poplins
27X-37>i
Arlington MilU
13>i
12
19
17
laX
Imp
Imp
Hnllowell
Ind. Orch.
SO
6-4
6-4
16X
Corset Jeans.
'Womted Fabrics.
. .
15
11
15
Pepperell
.
THE CHRONICLE.
October 12, 1872. J
Amoskeag
—
.
«. (f .
K
....
H. goods.* ton 40
on
Corn
* hu
Wheat.. ^.* h
*tee.
Beel
Fork... .*bbl
50
..
•
.
.
*. rf.
e7-16
».
ft,
».
rf.
Jta 5-t<
a6oii
...» S(
826-' "50
II 9
» 12
» 12
«8
® 60
....« 6
....• 4 3
»»
a45
10
.
0!«
11
500
;-?»<
THE CHRONICLE.
•*o-'
[October 12, 1872.
Financial.
Fiuaaclal.
Wood &
&
Chicago, Burlington
Financial.
Davis,
J
BANKERS
guincy
RAII.ROAD COnPANY,
RAILROAD BONDS,
IN
COUPON OR REGISTERED
Keep on hand a variety of choice boode to supply In
veBtors, furnish bonds advertised on the niarlcet at
subscription prices, execute orders for Government
Becnrlties, gold and railroad stoclES. and do a
NE\r I.OAN,
GENERAL BANKING BUSINESS,
Seven Per Cent Bonds,
C. D.
Formerly of Vermllye
FOR SALE AT PAR.
*
CO.,
ELEVEN PER CENT
INVESTMENT.
&
KANSAS AND ILLINOIS
bought and sold on Commission.
&
G.
Levy & Borg,
G. C. Ward.
S2 WA.L STREET, NBV YORK.
38 STATE STREET, BOSTON
Loan of Arkansas
IN
SOUTUERN SECURITIES
THE
PER CUNT THIRTY TEAR BONDS.
A LIMITED NUMBER OFFERED
At 70 Cts. & Accrued Interest.
German American Bank,
Cor. Broadnray
CAPITAL,
In these Bonds, " the faith and credit of the State
are solemnly and irrevocably pledged for the payment
and redemption of the principal and Interest on each
DRAWS
and Cedar
$2,000,000
EXCHANGE
and issues LET-
Accounts of Merchants, Bankers, &c. solicited.
GMIL SAUEK, Pre
O. H. SCEBELNEE, Cashier.
William T. Meredith &
16 And IS Nassau Street, Neiv York,
.
RAILROAD & MUNICIPAL BONDS.
BUT AND SELL ON COMMISSION
GOLD,
and October at the Union
Tork.
Trust Company, New
Maps, circulars, pamphlets, giving
the loan, to be had by addressing
&
Williams
Bankers, 49
MAKING LIBERAL ADVANCES
LOANS AND PAPER NEGOTIATED-INTEREST
ALLOWED ON DEPOSITS.
Interest payable April
Winslow^, Lanier
full particulars of
&
Co.,
PINE STREET,
27
Bostwick,
TORK.
Receive the accounts of interior banks, bankers,
corporations and Merchants.
Agents for the sale of City, County and Railroad
Bonds, issue Letters of Credit for foreign trav 1.
"ITall Street,
NEW TORK.
No. ST
W^ALL
ST.,
&
CITY BANK, Tbreadneedio
Co.,
NEW^ YORK.
Soutter
Members New Tork Stock Exchange.
Blocks, Bonds and Gold bought and sold on commls-
ilon.
Marquand
&
&
Street.
Co.,
BANKERS,
Hill,
No.
BANKERS AND BROKERS,
No. 18 Devonsblre St., Boston,
63
WILLIAM STREET,
9
New
Street
TORK.
Dealers in Bills of Exchange, Govemmtents, Bonili)
Stocks. Gold, Commercial Paper, and all Negotiauio
Securities.
Interest allowed
Stocks, Bonds and Gold bought and sold on commlsilon Collections made Business Paper Negotiated.
R. T. Wilson
&
Special facilities for negotiatlrr ''-ammerclal Paper
Collections both inland and forcii, j promptly made
Co.,
Foreign and Domestic Loans Negotia.ed.
BANKERS AND COMMISSION MERCHANTS
44 BROAD STREET.
Liberal cash advances
made on conslgnmenfs
50 EXCHANGE ri^ACE.
GOVERNMcNT SECURITIES
and GOuU bought and sold
EXCHANGE
FOREIGN
No.
STOCKS, BONDS.
and Bonds
tlie most favorable terms.
INTEREST allowed on deposits cither In Currency
or Gold, subject to check at sight, the same as with
the City Banks.
on
Bought and Bold on Commission, and
LOANS NEGOTIATED.
Acoonnts received and interest allowed on balances
»nt*b mav he checked for at siffbt.
LOCKW^OOD
&
Interest
Member
ADVANCES made on all marketable
Co.,
W. B. I,XO»ASS.
W.
a,
SBEUWN.
BANKERS,
Transact a General Banking business, inclndiiiK tlie purchase and sals
of GoTernment and Stale Bonds. Rail-
road Stocks and Bonds, and other
•eurltles,
ou c-wmmlsslon.
No. 10 TTall Street.
Government. State, Railroad and other
desirable securities, making liberal advances on
same, allow interest on deposits, deal In commerolal
paper, furnish to travellers ana others Letters oj
P-iy sT-d «»1I
1
I
Credit current in tbe principal vi^iea In Etirope.
Q.
8.
EIUBALt.
&
Co.,
BANKERS,
ISO
West Main
Street, Louisville, Ky., dealers In
Forelim and Domestic Exchanse, Government Bonds
all Local Securities. Give prompt attention to
ollflctlon. and orders for '»vostm*'nt ol funds.
and
Miscellaneous.
ESTA BLISBED-
1855.
SEARS BROTHERS,
STEAM
Printers
45
W. B. FOSTKB.
Leonard, Sheldon&Foster
BROAD^VAV.
AUonred on Deposits.
Morton, Galt
&
Stationers,
IVILLIAM STREET,
(One door from Wallj
BANKERS,
94
Kimball,
BAI^wrN,
securities.
CEUTtFICATES of Deposit issued bearing interest.
COLLECTIONS made at all points of the UNION
and BRITISH PROVINCES.
&
N. T. Stock and Gold Exchange.
BANKERS,
Secnrltles, Gold, Stocks
Broadway.
BANKERS AND STOCK BROKERS,
14 TTALL STREET, NE\|r YORK.
Gibson, Casanova & Co.,
ol
cotton and Tobacco to our address ; also to our friends
In Liverpool and London
GoTernment
Baldw^in
on Deposits subject to Sight Drati
Advances made on approved securities.
74
See Quotations " Local Securities " In this paper.
or Check.
;
and
CITY RAILROAD, GAS ic
INVESTMENT SECURITIES.
T. B.
NEW
Deiinslts.
Charles Otis,
N».
LONDON CORRESPONDENTS,
Marquand, Hill
on
Interest
BANKERS,
NEW
GOVERNMENT
RAIL1VAY STOCKS, BONDS AND
Stocks and Securities Bought and Sold
at the New Tork Stock Exchange
tTndonbted Secnrlty.
IN ALL ISSUES OF
SECURITIES.
Co., DEALERS
Dealers In
making this a
DonMe and
CO.,
BANKERS,
EXCHANGE PLACE, NEW TORK.
No. 64
pledge their splendid endowment of Lands, Railroad
Rolling Stock, Station Houses and all other property
for the faithful payment of Interest and principal,
VERMILYE &
available at all principal places
abroad.
THE
BY
Special mortgage Endorsement,
LOANS NEGKJTIATED.
St.,
......
BILLS OF
TERS or CREDIT
and every bond."
ARKANSAS CENTRAL RAILYTAY,
20 BROAD ST.,
Brokers and Dealers
COmPANY,
ic
H. BSOWir.
RAILROAD SECURITIES
AGINTS FOB
BARING BROTHERS
WAL8TON
BEOWir.
S9 Llbertr Street, Neir York.
SPECIAL ATTENTION GIVEN TO THE NEGOTIt
TION OF
Deposits received and interest allowed.
S.
3.
RANKERS,
WALL STREET, NEW YORK,
10
Securities a Specialty.
Co., Augustus
Brow^n & Son
J.
Government Secarities, Gold, Stocks and Bonds
FIRST-CIjASS SEClJRITir.
7
D. DAVIS.
BANKERS,
New York
allowed on Dally Balances.
ADVANCES made upon Approved Collaterals.
INVESTMENT SECURITIES Of the Highest Grades
Ars.
NO.
State
Rleber Gasse, 13.
INTEREST
Co.
Robins, Powell
KIDDER, PEABODY &
45 TVall Street,
SAMUEL
VTOOD,
Street,
Street,
CHICAGO, 164 22nd
FRANK FORT. ON'THE-MAIN,
always on hand.
No. 31 Pine Street,
Free of Government Tax,
BANKERS,
YORK, 24 Pine
NEtir
AND
DEALERS
acob R. Shipherd & Co.,
AND
32
LIBERTY STREET
(Near the Post Ofllce.)
New York.
We execute the Best Work at very reasonable Prices.
Careful and tasty proofs given and work premptl
delivered.
GiT« Us a Trial.
:
THE CHRONICLE.
1872]
October 12
:
:
Comxueroial Catds.
Bailroadf.
Olyphant & Co.,
Heyerdahl, Schonterg & Co.,
81 PINE STREET, NEW YORK.
Finanoial Notices.
REGISTRATION
601
COMMISSION MERCHANTS,
OF
ShanEhai, Foocboiv
Canton, C'Ulua.
Hone Kone,
Bonds.
South Carolina
Sc
10 Cornhlll, E. C, London.
Reprksknted by
OLYPHANT
CO., of China,
dc
104 Wall
and Iron Rails,
New York. Steel
St.,
—
.
Cabolisa Natiokal Bank of
July 24, 1872.
CotCKBIA, S.
C
Everett & Co.,
j
S
Iq accordance wtth the provisions of the 10th Sectloa
of the Act of tho General Assembly, approved
Uth,
8.
66 State Street, Boston*
AGENTS FOR
March
tb* Carolina National Bank of Colombia
1812,
C, la now ready
ADODSTINE H B A R D
REGISTER THE OUTSTAND-
to
ING BOND§, COUPONS
Sole
Samnel Fox
OC,
*
RAILROAD SECURITIES NEGOTIATED.
CRUCIBLE STEEL IVORKS,
Advancea made on constfrnments of approved mer
chandijEe.
for aach
Higginson,
Stephen
The charge for
ONE DOLLAR
BEAVER STREET,
No. 87
Bond or
P. O.
Manufacturers of
ORVCIBLE STEEL TYRES,
NEW
Box No. 40«O.
Axles, ForglnKS,
YORK.
under the
will be
Messrs.
DUMMLER &
CO., Batavla and Padaug.
CO., Yokohama.
CLARK. 8PENCE & CO., Galle and Colombo
& CO.. Singapore.
GILFILLAN,
SANDILANDS, BIJTTERY & CO., Penang.
THOREL *
CHA3.
charge of Dr. J.
Bank, whose
W. Farksb, the
official
Vice-President of the
"
signature will certify to the Regis
WOOD
COFFEE OBDEBB RZOEITSS FOB RiO DX JaMBIB
NEW TORE
New York
The
Stook Exchange has rescinded
Commercial Warehouse Company
at the
to be "
in
&
John Dwight
its
Co.,
Foorth
Socrru
SUPER CARB. SODA,
Old Slip, New York.
No.
L. D. OHII.DS, Pretldent.
ONLY
NEW
IN
William Wall's Sons,
Assistant Treasurer,
S.
YORK,
October
Cordage,
the Secretary of the Treasury, notice Is hereby given
to the holders of 3 Per Cent Temporary Loan CertlflGates, Issued under the Acts of March 2, 1867, and July
25, 1868, that all such certificates dated from October 1, 1868, to October 16, 1868, of the denomination
of 15,000, between tho numbers four thousand three
ELEPHANT BAGGING, and
Office,
MADE TO ORDER.
113 AVall
P.
Sons,
FOR EXPORT AND DOMESTIC CSE.
192
money
FRONT STREET. NEW YORK.
&
Smith, Baker
REPRESENTED BY
E. TV.
66^ Pine
Littell's
Living Age Wm.
have been issued, and it admittedly "conilnnes tostandatthe
head of Its class."
OF APPROVED FOREIGN AND DOMESTIO
MANUFACTURE.
HAVE FOR SALE
3,000 Tons 56 lb. " Crawsbay " Flsb
Ralls, to arrive.
1,000 Tons 5G lb. " Nortb Yorksblre" do., In store.
600 TouM 66 lb. " Aberdare" do..
In store.
Jones & Schuyler,
IX
J.
Wilcox
STEEL and I iON VAILS LOCOMOTIVES, CARS, and other Suppli.;8,<i,t-- aegotiate
RAILWAY BONDS, LOANS, &0.
T8 Broadnray,
Co.,
AND
Locomotive Works.
MANUFACTURERS OF
Locomotives, Stationary Steam Engines, and Tools,
MANCHESTER. N. H.
JAS.
BEAVER STREET,
NEW
Literature
LOVELL.
Lovbll,
kerohants
AND
Club Prices
General Asents.
DoOari) I ittill's Litino Acs, reekly
containing ihe cream of Foreign Periodical LItori
tare aiwl either one of tho Leading viaga^lnes oi
Borne i.iteratare nnmed below, will l»e sent to one
ad^'ress tor oi-e year vir.
;
&
ooiam issioN
rm
Borden
Mining
Co.'s
OOmBERLAND COALS,
AND
FALL RIVER IRON WORKS
M
IWIia F«*». AddiWS at ab«T».
In S.
Borden
GAT, Boston.
Banker and Negotiator,
YOKE.
WU. BOBDEy.
Nails,
*
W
40
*
43
EXCHANGE PLACE,
New
York,
RAILWAY
John C.
IRON,
Graham & Co.,
fELMA, ALABAMA,
CO.'S
Bands, Hoops and RodSt
71 WEST ST., M«n Ierlt«
aud
MEANS,
Railway
I-
ABI.EST LIVING TTRITERS.
W^. G.
Tre surer.
4» Devonshire St., Boston.
WADSWORTH,
Sts.
SALES OFFICE
Published weekly at $8 00 a year, fret of postafff.
An «.xtra copy sent gratis to any one gelling up a Club
ol five N«w Subscribers. Address,
attention given to the examiaatloa
f Public Werlss for capitalists seeking inveatosents
Superintendent
Manchester, N. H.
WashlDRton, Vestry & Greentvlcb
59
York.
RAILROADS, BRIDGES AND EXPLORATIOMB,
"SEBPELL'S PATENT WROUGHT
IRON VIADUCTS."
ARETAS BLOOD,
I.ARD OIL,
Reviews, C. Itlclams, Tales, Poetry, Scientific, BIOKVaphlca], Hlstorif-al, and PoUtlcal Information, from the
entire body of Foreign Periodical Literature, and
from the pe>'8 of the
New
MANCHESTER
&
I.EAF liARD, STBAHIIfE
Three Thousand Double-Column Octavo
Pages
of rearllnjf matter yearly; and is the ONLY COMPILATIOir ihnt prcsnnis, with a SATISf AUTtXRY
COMPLETENESS as well as freshness, the hrst ssays.
Railway Commission Merchants.
^'^ ParttCBlar
New York.
FBUIS
numbers of ulxty-four pagea each
or more than
Hakpkb'b Montrlt (oil Wbhult, o« Razad), Th«
ATLANTIC MOSTHLT, LIPr^^OOT^'a Mf'NTBLY Th«
Ualaxt, Old *>!> Nxw or ApptiToN'a Jodemai.
*j, Th« Liti«« A9« and
(weekly) or, for
0V«
PINE STREET.
_;
CORLIES,
Street,
lasned every Saturday
at
York,
CIVIL ENGINEER,
Co.,
Yokobama and Hlogo, Japan.
MORE THAN
For
New
Edward W. Serrell,
commissioN merchants,
ONE HUNDRED VOLUMES OF
The Best Home and Foreign
Johnston,
Contract for
MANUFACTURERS OF CORDAGE,
Miscellaneous.
ic
&
NEW YORK.
Assistant Treasurer, U . S.
I.ITTEI.I.
JAUXS JOHNSTON
BIOELOW.
48 Pine Street,
N. Y.
St.,
Henry Lawrence &
THOMAS HILLHOUSE,
It gives fifty-two
Dealers
HEmP
In
GANGS OF RIGGING
hundred and fifteen (4,315), and four thousand five
hundred and nlncty-onc (4,591) Inclusive, and of the de.
nomination of (10,000, between tho numbers four
tliousand seven hundred and twenty (4,720) and font
thousand seven hundred and seventy-five (4.775) inclusive, win be paid on presentation at this office, and that
from and after the 90th day of November, 1872, such
certificates will ceaae to bear interest, and will be no
longer available as a portion of the lawful
reserve of any National Banking Association.
ESWABD
Bar
MANUFACTURERS OF
2, 1872.
CONFORSnTY WITH INSTKUCTIONS FROM
Caital Stbeet.
Iron and Steel Rails
Supplied.
OFFICE OF
U.
CHICAGO
General Agent,
59 John Street, N. Y.
See,
1 1
The Jobbing Trade
:
Fedebal Stbbbt.
WM. TOOTHE,
SAI.ERAT17S,
good delivery," after September 1st.
1!!9
X South
St.
BiGELow
MANUFAOTLTIERS OF
New York,
BOSTON
No.
PHILADELPHIA
S13
:
:
No. S9 Jons Stbeet.
tratlon.
order requiring South Carolina Bonds to be registered
4cc,, dec.
OFFICES
BEPBESINTINO
Tho Registration
piece of Stock.
Co.,
LeivlstOTrn, Pa.,
upon presentation. Bonds may be sent by Express,
and win bo returned as directed.
&
William Butcher
STOCK OF THE STATE OF SOUTH CAROLINA
Regtatratlon will be
Co.'s
ic
BESSEMER STEEL BAILS.
OT CHINA AND JAPAN.
AND CERTIFICATES OF
o
Agents in the United States far
Buyers of Cotton,
Vor a Commission.
:
CHUOMCLE.
THIS
602
Ocean
Bailroads.
Locomotives, Cars
AND
am ships.
St*'
Monthly Mall Service.
NEXT DEPARTURE NOVEMBER 9 AT
For
FOR WOOD &
PIM,
M.
CO.,
Line.
AND NORTH AMERICAN ROTAli
MAIL STEAMSHIPS,
BETWEEN NEW YORK AND UVEROOL.
CALLING AT COUK HARBOR.
THE BRITISH
SCHOONERS, BARaBS, AND LIOHTEKS,
FOKWARDING
rBOM NSW TOBK.
CALABRIA
RUSSIA
CUBA
OF
Wednesday, Oct. 9.
Wednesday, Oct. 16.
Wednesday, Oct. 23.
Wednesday, Oct. 80.
WeduPSday. Nov. 6.
SCOTIA
.JAVA
A
P.
No. 88 Wall Street.
CuNARD
Rails
Steel
2
freight and pnssnge apply to
ON FIRST CLASS
and
STEAMERS
OF THX
Steamship Company.
FOR
JAMAICA AND SATANII.I.A. General Transatlantic Co
RAILROAD IRON,
Iron
Ocean Steamships.
ATLAS
James A. Cottingham,
SU I PPKR
tOctober iS, 1872.
Specialty.
ABYSSINIA
Saturday. Oct. li).
Saturday, Oct. 26.
Saturday, Nov. 2.
Saturday, Nov. 9.
BATAVIA
ALGERIA
PABTHIA
And every following Wednesday
New YorK.
RATES OF PASSAGE.— Cabin,
and Saturday IroM
$80, |10O,
and
PEREIRS,
ViLLS DK Paris,
St. Laubknt,
VlLLS D0 Ha-TRK.
EUBOPE,
Washington,
ViLLE DE Brest,
nouvkad-mondk,
Atlantique,
France,
Panama,
this
UNUSUAL IXDUCJMKNTS
to the troude, and to visum aatetf aad dtspatok in
ihlpmeuts uf ttts abOT»«
Iron and Slwl lUUa torvardod from Port of New
Contracts
to any part of th* Halted EMt«.
to Include all the «Kpen««e in port Oft some, and
7ork
made
I
For
Liverpool,
(Via (tneenstotrn.)
T. * N. H. Railroad
Supt. N. T. A N. «. Hallroad.
JAMES H. HoyX
SHABLES FOX. HsQ ...Pret. South Side B.B. of L.I.
Supt. South Side R.B. of L. I.
C. W. DOUOLASS
Cliff Street, New York.
W. BALLY, LANG & CO
HON. W. D. BISHOP.... Pros. N.
STEA.M
COMPANY
will despatch one of their first
class, full-power, iron screw steamships from
PIER No. 46 NOiJTH RIVER, EVERY
Brest
Twice a month. Shortly once a week.
From ST. NAZAIKE to VERA CRUZ, calling
Hantander, St Thomas and Havana, and vice versa
Once a montb-
Irom ST. NAZAIRE to ASPINWALL. calling at
Martinique. La Guayra and Sta. Martha, and vice versn
Once a month.
From
PANAMA to VALPARAISO, calling
From
THOMAS
ST.
MINNESOTA,
s
calling »'
Porto Rico, Haytl, Santiago de Cuba, ELingston,
(Jamaica J and vice versa; Once a month.
From ST. THOMAS to FORT DE FKAN'CE, (Martinique,) calling at Basse Terre, (Guadeloupe,) Pointea-Pitre, (Guadeioupe,) St. Pierre, (Martinique,) and
vic« versa. Once a month.
From FOKT DE FRANCE, (Martinique,) to CATENNi', calling at St. Lucia, St. Vincent, Grenada, Trinidad, Demerara, Surinam, and vice versa.
Once a
month.
The splendid steamers of the South Pacific Line,
leave Panama for Valparaiso and Intermediate Points
of Ecuador, Bolivia, Peru and Chili, on the 30th of every
month and connect closely with the Steamers of the
Pacific Mail S. S. Company, leaving New York on the
15th of every month for Aspinwall.
For Kates of Passage and Freight, Dates of Departure, or further information, apply to
GEORGE MACKENZIE,
WEDNESDAY
Capt. Morgan
Nov. 6, at 9)< A.M.
Capt. Guard
Nov. 13, at 3 P. M.
MANHATTAN, Capt. .). B. Price... Nov. 20, at 9X A.M.
Cabin passage, |>80 gold.
Steerage passage (Office No. 29 Broadway) |30 currency.
For freight or cabin passage apply to
WILLIAMS & GUION, No. 63 Wall-st.
[Postal]
ASPINWALL,
to
at Inter-
Once a month.
Branch Lines,
Affent* 58 Broadivay.
Oct. 16, at 3 P. M.
Oct. 23, at 11 A.M.
Oct. 30, at 3 P. M.
Capt Forsyth
WYO.MING, Capt. Whlneray
IDAHO, Capt. Price
SONORA,
Caraibe,
Cacique,
Caratells.
atlantic Company.
From HAVKE to NEW YOKK, calling at
as follows
NEVADA,
GUYANR,
mediate ports, and vice verta.
CARRYING THE UNITED STATES MAIL.
THE LIVERPOOL AND GREAT WESTERN
REFERENCES.
Guadeloupe
Dbsirade,
vice versa.
»13t
ickets to Paris
|15 gold additional.
Keturn tickets on favorable terms.
Steerage
tSOcurrency.
Steerage tickets from Liverpool and Queeustuwn
and all parts of Europe at lowest rates.
Through bills of lading given for Belfast, Glasgow,
Havre, Antwerp and other ports ou the Contment, and
for Mediterranean ports.
For freight and cabin passage apply at the Company's oJtlce. Nu. 4 Bowling Green. For gtcerage passage, at lU Broadway, Trinity Building.
CHAS. O. FRANCKLYN, Aaent.
urance to any point re(iulred.
.
L0UI8IANK,
Floridk,
Martinique,
Postal I^lnen of the General Trans*
fold, according to accommodation,
HaTlng for many yaarg b«Mi identlfled with
business our great experience enables us to otter
ViLLE DE St. NaZAIRE,
ViLLE DE Bordeaux,
Traa -tportation.
NEBItASK A,
JAmES
COTTINGHAOT,
A.
104 West, corner
Street,
lilbortjr
NETT YORK.
J.
HOWARD MITOHELL,
14
Philadelphia.
North Sth Street,
Philip
I.
PHILIP
6.
New
Stonington Line.
FOR PROVIDENCE AND BOSTON.
THE SPLENDID
Capt,
42 Cliff Stroet.
S.
n SOUTHAMPTON
Steel and Iron Ralls,
C. S. Tyres and Axles,
Steel and Iron Wire,
Capt.
NEW YORK, CORK AND LIVERPOOL.
NEW AND FULL-POWERED STEAMSHIPS.
THE SIX LARGEST IN THE WORLD.
OCEANIC,
CELTIC,
REPUBLIC,
ATLANTIC,
BALTIC,
ADRIATIC.
.
BUILDINGS.
6,000
^
Mining Ropes, Cables, &c,
QalT'd Iron AVlre, Ship's Rlsslng,
Galv'd Corrugated Slieet Iron,
W^rought Iron Screw Piles,
snip's Forcings, ^c.
I
I
MiscellaneO'is.
Gorham Ml'g Company's
STEAMERS
Wm. Jones.
NARRAGANSETT,
Justice,
O N » O N
SIDE- WHEEL
STONINGTON,
JTTBTIOE,
York.
tons
burden—3,000 h.
n. each.
from New York on SATURDAYS, from
Liverpool on THURSDAYS, and Cork harbor the daj
Sailing
following.
From the White Star Dock, PavoniaFerry, Jersey City.
Passenger accommodations (for all classes) unri
vailed,
38,
Zy
;
combining
SAFETY, SPEED AND COMFORT.
Saloons, state-rooms, smoking-room, and bath-roome
midship section, where least motion is felt. Surgeons
and stewardesses accompany these steamers.
in
RATES— Saloon,
New Jersey Southern RR
L.
#S0 gold.
Steerage, |30 currency.
Those wishing to send for frieiuls from the Old Country can now obtain steerage prepaid certlBcates, tSS
currency.
Passengers booked to or from all parts of America
Paris, Hamburg, Norway, Sweden, India, Australia
China, etc.
Excursion tickets granted at lowest rates.
Drafts from £1 upwards.
For inspection oi plans and ot^er information, apply
Company's otfices. No. 19 Broadway, New York
at tue
J. H.
SPARKS. Agent.
PACIFIC MAIL STEAMSHIP COMPANY'S
To
Ray Allen.
North River, foot of Jay street, daily
at 5 o'clock P. M., arriving at Boston in ample time to
connect with all the EARLY EASTERN TRAINS.
V3^ Baggage checked to destination, j^
Tickets sold and State Rooms secured at No,
819 Broadway, cor. New Pearl street, and at Westcott
Express Co.'s, 785 Broadway, cor. Tenth street; 1,302
Broadway, cor. Thirty-fifth street or 327 Washington
street, Brooklyn.
D. S. BABCOCK. President.
Leave Pior
XHROVGU I.INE
California & China,
AND Japan.
I
N E
.
CHANGE OF TIME,
On and after October 7, steamers of this line connectHook with trains for Long Branch and all
stations on this and connecting railroads, including
Bed Bank. Tom's Biver, Waretown, Bariiegat. Tnckerto», Philadelphia. Vinelaud, Bridgeton, Bay Side. &c..
&c , will leave PIKK tS.
kIvFr, foot of
Murray street, as follows :
8 A. M. through to VIneland and Delaware Bay.
10:40 A. M. to Philadelphia and Tuckerton. via Whitings.
4 P. M. to Tom's Klver, TVaretown, Tuckerton and
Philadelphia.
ing at Sandy
NOUTh
ARRIVING IN
NEW
YORK.
9:35 A. M. from Pemberton, Tuckerton, Waretown.
Tom's River, &c.
1:30 P. M. from VIneland Philadelphia, Tnckerton,
Tom's Ulvcr, &c.
4:4u P. M. from Tom's River, &c.
The above trains stop at way stations.
Philadelphia freight taken up to six o'clock P. M., at
lowest rates.
^^jBB» THROUGH FARES-NEW YORK TO
SAN >RAKCISCO,
2auUl£
First Class
$125 to $1S0
Steerage
^gO
.....
...........
Sterling Silver
No. 3
Ware.
inAIDEN LANE, NEW^ YORK.
JOSEPH BACHIHAN
J
J.
BAOOHAN.
1>.
J. 1tA«PjntATI
Rosendale Cement Co.,
CERIENT OF THE BEST ttlTAI^ITY
No. 102 Wall Mtreet,
New York,
According to location of berth.
These rates Include bertlis, board, and
all
lor the trip.
CHANGE OF SAILING DAYS.
Steamers of the above line leave PIER No. 42 NORTH
of Canal street, at 12 o'clock, noon.
10th, 20th
ie.
except when those days
previous.
30th of Each Month.
fall
on Sunday, then the day
One hundred pounds of baggage free to each adult
Medicine and attendiuice free.
Sterner will leave San Francisco Ist every month
for China and .Japan.
For freight or passage tickets, and all further Infer,
mation, apply at the Company's ticket office on th«
wharf, foot 01 Canal street.
V. R.
BABY,
G. W. BENTLET,
General Manager, 120 Broadway.
P.
FINOB, Agent.
Pier
28.
Wire Rope.
STEEL, CHARCOAL,
necessaries
RIVER, foot
On
P
Agettl,
and
B. B., of the very best quality
suitable
for
Ships,
Rigging,
Suspension Bridges, Guys, Derricks, Inclined Planes,
iloisting
Large
hand,
Stock
f^m
Mining
&c.
A
constantly
on
Purposes,
whicb any desired
lengths are cnt.
JOHN W. MASON & CO..
it JUroadwari New Xork
,
:
:
THE CHRONICLE.
October l2, 1872J
Pacific Mutual Insurance
Imperial
COMPANY,
FIRE INSVRANOE OOKIPANK
OFFICE OF THB
ATLANTIC
OF LONDON.
•
•
$8,000,000 Oold.
CHIEF OFFICE IN THE U. 8.
Aaaets,
Co.
Insurance
Nbw
The Trustees,
York, January
Premiums on
$5,412,777
Policies not
marked
BUOADIVAT,
PARK BANK BUILDING.
NO. 214
liave been issued
I^OCJIS P.
$7,446,4SS 69
.
JACOB RKESK,
Prealdent.
BAYARD,
; nor upon Fire Rislcs disconnected with Marine Kisks.
Premiums marked Off from 1st January,
(5,37t>,T9« S4
16T1, to Slat December, 1871
same
Agency,
No. 173 Broadway,
New
Tork.
during the
paid
.Xiosses
period.
$2,735,980
.^tna Insurance Comp'y,
HARTFORD Conn.
INCORPORATED 1819.
1
Returns of Premiums
& Expenses. $073,211 84
Premium Notes and Bills Receivable,
CashinBank
.1;
Total amount of Marine
00
00
00
i\
of Veaaels.
-
Betnrn Premiums
»9)k
Tbe Company baa
$14,806,812 37
>8iajW06
.
1M).973 ti
13,000 00
440MM
iTwSMI
Total aieeto
it
»IX PER CEVT INTEREST on the outstanding
CenlticateK of Profits, will be palfl to the huldera
thereuf.or iheir legal renrpftemailves. ou and alter
TUESDAY, ha 6tli •\-m of ifebruary.
THE HK-MAIlIlNii riFr> PKit Ct'NT of the OUT.
rede.
pnid
thereof or their legal represenol
the 6th
I'tbruary, Ir >ia vuich data, lot' rest tbereoa will
cea8>.
he certifioatea ^u ui- prouuced at tlujeol
1866, will
ttie h<>ld>-rs
payment aud
cancelii^d.
in Script of FTF^E'^N PRR CENT, la
declared O'l the 'et atnount of Ear'.ed Premlutus for
the year ending December 30th, 1871, for whi.h Certlflosies will be Issued on and alter TDbSOAT, the Dd
day ol April next.
4 Dividend
Springfleld, inaaa.
1S49.
INCORPORATED
....
Net Aaaeta
-
-
-
TRUSTEES:
$500,000 00
$900,106 75
-
wiiUam
John K. Myers,
A
G. D.
Newport Insurance Co.,
OF PROVIDENCE, R. I.
ORGANIZED NOVEMBER, 1871.
Cash Capital -'JAS. A.
. • . -
.
$300,000
AI.EXANDKR & PECK,
Agents.
Iieeoney,
Wm. Hegeman,
C. Klcbards,
Jamea
H. Glikspie,
Ailam
Martin Botes.
Moses A. iloppock,
k. Taylor,
T. Bruce,
Albert B. Strange^
A. AUKUStus Lov,
Kmtl Helnemann,
Jeh a] Head,
B W. Bull,
Horace B.Clafiln,
W. M. Rk hards,
John
A. S. Barnes,
Kgbert Starr,
wm. 1. hlodgett,
8. :.
K, Waller.
William A Ball.
Then, w Moi r t,
.
Jobn 'V.Banow.
Alex. M. Eirle,
Southmayd,
Thos. B. Merrick,
George A. Meyer,
Ferolnand A. Bokea,
H. C. SonthvncK,
Francis Moran.
Walter
H.L
wis,
JOWN K. MT'Es. I'residenl.
WILLIAM LECUNEY, Vloe-pTasldtl^
TH0UA3 HALE,
iiisued (in red scrip)
such payment of interest and
Seoretarr
MisoeU ineous.
J.
April next.
69 Franklin street
93
the Board,
&E. Wright & Co.,
S.
& 94 Franklin
341
H. OBAPIHAN,
n
n
tbe foIloivlBC
PremluTi Sote* ft Bills Receivable
Subscription Notes in advance of
Pri-mlUDiS
Re-I snrani^e and CUImsdnstba
Company estlma.ed at
redemption will be in gold.
A Dividend of Forty Per Cent is declared o» the
net earned pre&dums of the Company, for the year
ending Slst December, 1871, for which certificates
will be issued on and after Tuesday th« Second of
J.
Oarn
oflT as Earned, during the
period as above
|!S2,0W 11
Paid for Losses and Kxpense*. lees Bavlngx,
&c.,dunnsr the same period
461,668
Cpon certificates which were
By order of
K8T,t23n
I
S74,3i5 01
or their legal representatives, on and after Tuesday
the Sixth of February next.
>The outstanding certificates of the Issne of 1868,
will be redeemed and paid to the holders thereof,
or their legal representatives, on and after Tuesday
the Sixth of February next, from which data all
Interest thereon will cease. The certificates to be
produced at the time of payment, and cancelled.
;
16
No RIaka bave been taken apon Hitlla
ISSCr»
Springfield
FIRE AND MARINE INSURANCE
COmPANY.
2,405,937 95
Mix per cent interest on the outstanding cerlt-il
cates of profits will bo paid to the holders thereof,
premiums
»8g,010«
Premiums
C B minor
for gold
1
This Company ha. lusned no Policies rzcepton
and Freight for the Voyage.
Id cash
tatives,
Oaah Capital
Total amount Of Assets
FOI.LOWINO 8T«TKMENT OF TBI
Company Is pabliihed in conformity
with the reauiremeota of ^eo<loQ 12 ol Its charter:
aflairs ol the
------ $3,000,000 STAVDINO <TilKTIFlCATK8beOF THEm»dCOMPANT,
and
....... $5,000,000 F IHEoon and OK
da;
i«ar TUESUAlf.
Caab Capital
Net Aaaeta
The Oempany has
the following Assets, viz.
United States and State of New Yorlc
Stock, City, Bank and other stocks.. $8,143,M0
Loans secured by Bt osks and otherwise 3,379,050
Real Estate and Bonds and Mortgages.
217,900
Interest, and sundry notes and claims
dne the Company, estimated at
886,739
BT.
Vm,
Caah In Bank
..|I01r'!S7 61
Unite 1 SUtes and other Stocks... 439;i31 «S
Loans on Stocks Drawing Interest TUffu 00
Rislss
Fire Insurance
18,
Aaaeta.
Aanlstant Socretarjr.
upon Life
CEDAR
Premlnms marked
Establliihed 1856.
S,03t,675 18
Total amount of Marine Premiums.
No policln
M
WTHE
COB.
TV.
ToBK,' January
0atrtandlC2 Premiums. January
I'm
Hope Fire Insurance Co.
off
Ist January, 1871
Nsw
Prumlnms rer^e.ved Irom January
1 to Decembei ao. tSTl. inotualve. K«,«M
its
January, 1871, to Slst De-
cember, 1871
New York.
26th, 1872.
in conformity to the Charter of the
NoJjllBJBBOAD'WAy, B
•
Nos. 40 to 44 Pine Street,
Premiums received on Marine Risks,
1st
-
THE
Company, submit the following Statement of
affairs on the Slst December, 1871
from
IiiBuranoe.
Insurance.
Insurance.
Mutual
503
BOSTON.
PHILADELPHIA.
Chestnut street
Secretary.
NEW TORK.
street
AGES rS FOR
Pepperell MI)e. Co.,
2^m^9S^afirJ'
Otia
/J800.000.
D. Jones,
Charles Dennis,
C. A. Band,
W.
James Low,
Joseph Qaillard, Jr.,
H. H. Moore,
Henry
Wm.
Colt,
C. PickersgUl,
Lewis
Curtis,
Charles H. Russell,
Lowell Holbrook,
R. W.irren Weston,
Royal Phelps,
Oaleb Barsrow,
a P
B. J. Howland,
Benjamin Babcocic,
Robt. B. Mintum,
Gordon W. Bursham,
NIAGARA ANCE COMPANY
Caah Capital,
Frederick Chauncey,
George S. StaQhenson,
William H.Webb.
William E. Dodge,
David Lane,
Francis Skiddy,
Charles P. Bnrdett,
Rob't. C. Fergusson,
E
.
S
William E. Bunker,
will
Robert L. Stuart,
Alexander NT. ISiakn,
William
Stnrgis,
Charles D. Leverich,
J.
D. JONES, President,
Warren Cotton
$1,000.00
Boaton Dnck Co.,
Franklin Co.,
Tborndlke Co.,
Bailey,
.
Mllla,
Ijaconla Co.,
STREET,
Cordia Mills.
and Marine Inanrance Stocka
and Scrip.
"SPECIAI.TT."
Fire
Samuel L. Mitchell,
James G. De Forest,
Dennis Perkins,
AndroacoKKin MUIa,
Continental MUIa,
Dealer In
Daniel S. Miller,
Henry K. Bogert,
....
65 TTAIilj
James Brycc,
Wm.
BROADWAV.
301
Sheppard Gandy,
PUlot,
Company.
Bates Ml^. Co.,
Colambla M(^. Co.,
TRUSTEES.
Cash paid at once for the above Securities
be sold on commission, at sellers option.
C.
;
or they
STEEL PENS,
Oilman,
DX^I.KR IK
*
INSURANCE SCRIP,
CHARLES DENNIS, Vice-Pres't,
W. H. H. MOORE, 2d Vlce-Prest,
Fire and Marine
t.D..HHWLETT, 84 Vl««-ft9(rt,
M riu«
Mannftictnrera Warehonae and So
AKenejr,
AND
street, corner
Inanrance Stock
ot WUUam Street, N.T
91
Jobs
Street,
New Yor
604
OHIfcONICLE.
Cotton.
Cotton.
THE
STRICTLY COninilSSION HOVSEi.
Cotton Warehouse Co.,
0. B.
.
.
-
(Late Waters, Pierce
BALES.
50,000
-
NEW
a.
D. HilBSiaON,
0. S,
TAX
WXOISXTSl.
&
Co.,
Rallwsya.
imPORTERS OF
Iron Ralls, steel Ralls, Old Ralls,
Bessemer Pig Iron, •crap.
Steel Tyres, Boiler Plates, Ac
AGENTS FOE
The Bowling Iron Company, Bradford England.
The West Cnmberlaiid Hematl'e Iron Co., Worklnn
Walsh, Smith,
Crawford
ton Engrland.
&
Supply all Railway Equipment and undertake a
Railway business generaUy.
Co.,
NEW YORK,
Street,
OO-VniSSIOV ItlBRCHAIVTS,
Pure I.ard Packed for lirest Indies,
Soutk American and European
COM.«I3StON MERCHAllTS,
BARTHOLOMEW HOUSE,
BANK, LONDON
Steel Rails of
H W
Fablbt, (Late of New
Sole Agency in
MAIT;.AHD.
L. r. S.
Robt.L. Maitland& Co.,
Bn7 and aell
I srlss of Cloth.
BROAD STREET, NEW YORK.
Cotton
Factors,
fobacco and General
»nd
r-X
&
Lbbua-KiAbkaham 4
New
Lkhmatst,
Co.,
Dcrb &
Co.,
Montgomery, Ala.
Orleans, La.
Lehman
Brothers,
fall
supply
AND
all
Widths and Colors always
No. 142 Duane Street.
.
OOminiSSION RIERCB[ANTS,H
183
a
139
NAYLOR & CO
YORK, BOSTON,
York.
99
Advances Made
ON
Consignments of Cotton and other
Produce,
To Messrs. FRED. HUTH * CO., LIVERPOOL,
W^M. P. CAMPBEtl,,
87 Pearl Street.
Jacob
W.
Seaver
&
Co.,
COTTON
Commission Merchants,
BOSTON.
i
Late Bt. MaJ. aea.,U.S.A.
Lai
WiNSLOw
No. TO
N
80 State street.
J
all
other
206 So.
strett
NAYLOR, BENZON &
34 Old Broad Street,
CO.,
orders for
Railroad Iron,
YORK,
ST. LOUIS,
BxFOST won, BciLD, Masaox ahp
sell Securities
Morris, Tasker
MO
E^mr
of
all
&
Hnda.
Co.,
Pascal Iron Works, PUlladel|>bia.
Manufacturers of Wrouarht Iron Tabea. y>ep Weld
Works Castings and Street
Mains, Artesian Well Pipes and Tools,
Gas and Steam Fitters' Tools, &c
Boiler Fines, Gas
OFFICB AND WAREHOUSES:
GOLD STREET, NEW YORK.
15
Jesup & Company,
BANKERS A-ND mERCHANTS,
69
LIBERTY 8TBEBT
Rands and Loans
for
Railroad Cos.,
Contract for
iron or Steel Ralls, Locomotives,
Oars, etc.
and undertake
all baslnes*
connected
uritta
Vibbard, Foote
Rail-way
IN IRON,
WAW, STBSfT, NBW YOIW.
&
p.
F18KV
Co.,
BROADW^AY, NE^Y YORK.
Steel Rails,
40
Iron Rails,
George A. Boynton,
TO
NEW
OBAVirOXT TIBBASD*
AI.SX.
SUBBSOZr rOOTK,
aa well as Old Rails, Scrap Iron and Metala,
BROKER
Wilson,
ST.,
Steel Material for
Railway Use.
HOUSE IN LONDON
whs giTC apeciai attention to
York. Airent
Prea. St.L.& S j:.R'W8y
&
WILLIAM
Npw
L'^ezotlate
OAST STEEL RAILS,
CAST STEEL TYRES,
Cast Bteel Frogs, and
St..
SOUTH FOUBTH STREET,
.206
*a*
ia
PH^l^A.,
John street.
P. Ilenzey
g— M. K.
o,
NEW
Nevir
in
'.
:ock
i
te,
Railroads.
FEABL STREET,
Wm.
&
Pine
54
STRIPES."
Vnlted States Buntlna; Compa:
A
suaranteed.
Pairy,
Wm.
Also, Agents
Cotton Factors
'1'.
RAILWAYS.
And all kinds of
COTTON CANVAS, FELTINO DUCK, CAR COVER
INO, BAGGING. RAVENS DUCK, SAIL TWINES
&C. "ONTARIO" SEAMLESS BAGS,
.
fullv
Clias
Negotiate Loans and
COTTONSAILDUCK
"AWNING
fitted to gauges and thoronsh
Plan, Material, Wurkmanshlp
Buinbam. Kdw. H. Wllllama. Ed. Lougdtreth.
P. Converse
Co.,
(Jeo
Co.,
ManufactQr«ri aud Dealers In
AND I^ITERPOOI..
and Eliiclency
M. Baird,
Iron Tl«a«
Brinckerhoff, Turner
Commission
work aooarately
P'lnish
Importvra of Bio OoffM.
Adrancea made on Conslenments to
NDOHr
All
ly InterchanKeable.
—Also—
\'
Co.,
PHILADELPHIA.
COTTON PLAOT", PAIMBTXO
AND SUMOin),
Slercbants,
L'O
M. Baird &
Oontraota for preaant and future dellT.
Agents for following lagging Milla.
BITFFAIX),
43
BALDWIN LOCOMOTIVE WORKS
niPORTBBS AND COMMISSION MEECBANTI Ql
UACLSHOSE.
Bro.,
York.
Pig Iron,
(Near Wail.)
Basstng. Bope,
New
RAIIS, COPPER,
SP£I.TER, TIN, liEAV,
NICKEL, BIS.'ailTII, &c.
91 Vront Strset,
;
&
Pope
J.
.293 Pearl Street,
/Jloss, Roberts & Col\
Refers by permlsslsn to 0. N. Jordan. Esq., Cashier
Third National Bank, New 7ork Messrs, Howes &
Uacy, Baulters,33 Wall street, New York.
No.
Arrow,
for sale of the
SWENSON, PERKINS & CO.,
80 Wall St., New York.
Orleans,) Gen. Partner.
,
ALIXASDSB
Thos.
TIES.
New York
Buckle and Anchor Ties, manufactured by J. J
McComb, Liverpool, England, for baling Cotton, Moss,
Wool, etc.
8909.
Of Montgomerf Alal)am3.
most approred makera.
Lessees of DanTllli-, Pa., Iron Works, makers of
Li^ht Balls for Collieries and Narrow Goage Roads.
Importers of old Iron Ralls for re-rolllng.
Bills of Exchange on Imperial Bank, London.
OOTTON
New Tork.
BOX,
YORK.
Orleans.
FACTOR
Street,
P. O.
NEW
New York and New
In Ports of
AJfD
132 Pearl
Co.,
BROADWAY,
62
Railroad Iron,
Mobile. Ala.
H. W. Farley,
COmmiSSION niERCHAlVT.
No.
P.O. Box 6070.
markets.
PllOVISlON DEALERS, COTTON FACTORS AND
MANUFACTURERS OF LARD OLL.
COTrOlV
&
Gilead A. Smith
Crawford, Walsh,
Smith & Co.,
WATER STREET, NEW YORK,
ST.
Boyandaell Railway Bonds and Negotiate Loana on
DELIVERY OF COTTON.
Wall
Co.,
CEDAR 8T„ COB. OP WILLIAM
6ENERAI. RAILWAY AGENTS AND
niBRCHANTS.
Co.)
BUY AND SELL CONTRACTS FOR FUTURE
58
&
Kennedy
S.
41
No. 66 Broad Street,
rORK.
Jewell, Harrison
27
Co.,
tBNSXDT. HKNBTH. BASES. JOHNa.BAU.<a
Troanarer
ExohauKe Bnlldlne,
OiBce, Cotton
JEWELL,
*
a.
J.
merchants
AND BANKERS,
President.
BATES MODERATE.
a.
&
lOBS
coT'i ON coimnissioN
LOCKWOOD,
JAMES W. CROXSOJf,
A
Railroads.
M. Waters
R.
Atlantic Dock*, Brooklyn.
OAPACITT
[October 1^, 1872.
Old
Rails,
AND
BAII,WAY EaVirmBNTS.
@FedFRASER