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HUNT’S
MERCHANTS’
MAGAZINE,
§, ffittlittj
representing
the
industrial
25.
VOL
and
commercial interests of the united states.
SATURDAY. OCTOBER 13, 1877.
CONTENTS.
THE
CHRONICLE.
The Rise in the Bank of England
Rate
343
Strikes and Arbitration—An Ex¬
ample to be Followed
344
Railroad Earnings in September,
and from Jan. 1 to Oct. 1
346
Latest Monetary and Commercial
City Reform and the
Commercial
.
English News
...
Constitu¬
tional Amendments..."
344
THE
347
and
Miscellaneous
News
349
BANKERS’
GAZETTE.
Money Market, U. S. Securities,
I Quotations of Stocks and Bonds. 353
Railway Stocks, Gold Market,
j New York Local Securities
354
Foreign Exchange, N. Y. City
Investments, and State, City and
Banks, National Banks, etc
350 |
Corporation Finances
355
THE COMMERCIAL TIMES.
,
Commercial
Epitome
358
359
363
Cotton
Breadstuffs
..
Dry Goods
...
364
.
Imports, Exports and Receipts.... 365
Prices Current
3<
<£!)* tffjroutcle.
The Commercial
and
Financial Chronicle is issued on Satur¬
news up to midnight
of Friday.
day morning, with the latest
TERMS OF
SUBSCRIPTION-PAYABLE
For One Year, (including
For Six Months
IN
postage)
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do
do
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5s.
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Subscriptions will be continued until ordered stopped
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London Office.
The London office of the Chronicle is at No. 5
Austin Friars, Old Broad
Street, where subscriptions will be taken at the prices above named:
Transient advertisements are published at 25 cents
per line for each insertion,
but when definite orders are
given for five, or more, insertions, a liberal dis¬
count is made.
No promise of continuous
publication in the best
given,
as and
all advertisers
must 60
have
anking
Financial column
place
can
equal line,
opportunities.
Special Notices
each insertion.
be
cents per
cents.
(
)
A neat file-cover is furnished at 50
cents;
Volumes bound for subscribers at $1 50.
fc5F“ For
a
in
WILLIAM B. DANA & CO.,
Publishers,
79 & 81 William Street, NEW YORK.
Post Office Box 4,592.
postage
on the same is 18
tion
that, beyond all precedent, the accumulation of idle
capital in Europe has been for many months in progress,
and the plethora has become so universal that
the drain
of capital which is
likely to begin with the present rise
in the Bank of
come,
a
rather
England
as a
rate will be felt where it will
welcome and salutary relief than as
of
danger. To illustrate the plethora of
capital in Europe, we cite from the Paris correspond¬
ent of the London Economist the
following table, which
shows the progress of this accumulation in Paris
during
the last year.
These figures are peculiarly interesting
because in France, less than elsewhere in
Europe, such
heavy and continuous accumulations have been almost
unknown, and the aggregates of last year were regarded
as
singularly exceptional. Great as they were, how¬
ever, they are surpassed by the deposits now held in the
principal banks of Paris, as is shown by the table
menace
idle
below.
DEPOSITS OF THE CHIEF FRENCH
Francs.
Bank of France
Societe Generale
399,000,000
162,706,030
Credit Industriel
37,347,000
Compfoir d’Escompto. 72,350,000
Societe des Depots.... 40,074,000
Credit Foncier
57,875,010
Credit Lyonnais
67,973,000
Total
complete set of the Commercial and Financial Chronicle—
of Hunt’s Merchants’
Magazine, 1839 to 1871, inquire
The
Business Department of the Chronicle is
represented among
Financial Interests in New York
City by Mr. Fred. W. Jones.
—
THE RISE U THE B1NR OF ENGLAND RATE.
On
Thursday the Bank
minimum
of
England advanced
its
rate of
discount to live per cent. For some
time past this advance has
been inevitable and its
announcement has been almost
daily expected. The
effect of the
change is discussed among our bankers
Although there is much diversity of
and merchants.
opinion in regard to other aspects of this
question, still,
upon one point there seems to be a
singular uniformity.
All parties
agree that our own financial situation is not
likely
to be much disturbed. The reasons for this
clusion are,
many of them, very plain.
con¬
In the first
place, the advance, followed up as it may,
perhaps, be by similar movements, can
scarcely fail to
attract capital to the British
money market from
countries.
The abstraction of several millions
season of the
year
m,ght be
a
foreign
at
this
BANKS, AUGUST 31, 187G AND 1877.
-1876.
July, 1865, to date—or
at the office.
NO. 642.
abstraction from the loanable capital has often
produced
in our fall
money market serious perturbations. It is,
however, one conspicuous feature of the monetary situa¬
Advertisements.
william b. dana,
JOHN G. FLOYD, JR.
t.
4 '
nhetf,
837,325,000
The accumulation of idle
of
187'
Dollars.
Francs.
79,800,000
32,541,200
7,169,400
14,470,003
Dollars.
490,000,000
164,531,000
50,954,003
98,000,000
32,906,800
10,190,800
102,302,000
59,095.000
11,819,000
11,575,0:0
13.591,600
73,356,000
92,272,003
15,671,200
18,454,400
167,465,100
1,037,513,000
207,502,600
8,014.800
*
20,460,400
capital in all the chief cities
Europe has often been the subject of remark.
if it
And
necessary, other evidence equally pertinent
might easily be adduced to prove that the effect of the
rise in the Bank of
England rate will not be very likely
to set up any drain of
capital which will he capable of
producing much perturbation in the money markets of
Continental Europe ; and if so, then there is still less
prospect of any such perturbation here. But there is
another point of view in which some
anxiety has been
more
generally felt. The Bank of England has lost*
during the week, nearly $3,500,000 of its specie
reserves, which have fallen to a point below the
average. Vigorous efforts are making by Germany,
by France, and by other European countries to
accumulate specie.
In view of this general desire
all over Europe to increase the
existing reserves
of the precious metals, the question has been asked
whether the Bank of England will he able to
protect
were
and increase its stock of coin
and bullion without dis¬
from the New York money markets
turbing our resumption preparations by drawing gold
very serious loss.
As is well known, fuch an from this
country. In reply, it is argued that the pmr
HUNT’S
;o'.', s.
n
vc
MERCHANTS’
MAGAZINE,
*
REPRESENTING the industrial and commercial interests of the united states.
SATURDAY. OCTOBER 13, 1877.
VOL. 25.
abstraction from the loanable
CONTENTS.
England
313
Strikes and Arbitration—An Ex¬
ample to be Followed
344
City Reform and the Constitu¬
tional Amendments
344
Money Market, TJ. S. Securities,
•,
r
Railroad Earnings in September,
and from Jan. 1 to Oct. 1
; 346
Latest Monetary and Commercial
English News
Commercial
News
and
;
.....
347
Miscellaneous
349
THE BANKERS’ GAZETTE.
.
I Quotations of Stocks and Bonds. 353
Railway Stocks, Gold Market,
| New York Local Securities
354
Foreign Exchange, N. Y. City
Investments, and State, City and
Banks, Rational Bapks, etc.,... 3$0 |
355
Corporation Finances
£ ftp ; 1
THE COMMERCIAL 'TIMES.
’
Commercial Epitome
358
Cotton
359
363
;
Breadstuffs
364
| Dry Goods
Imports, Exports and Receipts.... 865
| Prices Current..
366
(Chronicle.Thb Commercial
Financial Chronicle is issued
and
day morning, with the latest
news up to
on
IN
ADVANCE:
$10 20.
6 10.
,
Annual subscription
Six mos.
do
Satur¬
midnight of Friday.
TERMS OF SUBSCRIPTION-PAYABLE
For One Year, (including postage).
For Six Months
in London (including postage)
do
£2
5 s.
1
6s.
do
Subscriptions will be continued until ordered stopped by a written ot'der, or
ftthe publication, office. The Publishers cannot be responsible for Remittances
unless made by Drafts or Post-Office Money Orders.
London Office.
The London office of t,he Chronicle is at No. 5 Austin Friars, Old Broad
Street, where subscriptions will be taken at the prices above named.
Advertisements.
Transient advertisements are published at 25 cents per line for each insertion,
but when definite orders are given for five, or more, insertions, a liberal dis¬
count is made.
No
promise of continuous publication in the best place
can
gjhrem as all advertisers must have equal opportunities. Special Notices
be
Banking and Financial column
WILLIAM b. DANA,
I0HH Q. FLOYD, JR.
}
60 cents per line, each insertion.
WILLIAM B. DANA & CO., Publishers,
)
|3P~ For
a
in
79 & 81 William Street, NEW YORK.
Post Office Box 4,592.
A neat file-cover is furnished at 50 cents;
Cents.' Volumes bound for subscribers at $1 50.
complete set of the Commercial
postage on the
and
same
is 18
Financial Chronicle—
1839 to 1871, inquire
July,.l$65, to dat*—or of Hunt’s Merchants’ Magazine,
at
the office.
The Business Department of the Chronicle is represented
Knaiwial Interests in New York City by Mr. Fred. W. Jones.
—
amoni
THE RISE IN THE BANK OF ENGLAND RATE.
On
.Thursday the Bank of England advanced its
minimum rate of discount to five per cent. For some
time past this advance has been inevitable and its
announcement has been
almost
capital has often produced
market serious perturbations. It is,
however, one conspicuous feature of the monetary situa¬
tion that, beyond all precedent, the accumulation of idle
capital in Europe has been for many months in progress,
and the plethora has become so universal that the drain
of capital which is likely to begin with the present rise
in the Bank of England rate will he felt where it will
come, rather as a welcome and salutary relief than as
a menace
of danger. To illustrate the plethora of
idle capital in Europe, we cite from the Paris correspond¬
ent of the London Economist the following table, w’hich
shows the progress of this accumulation in Paris during
the last year.
These figures are peculiarly interesting
because in France, less than elsewhere in Europe, such
heavy and continuous accumulations have been almost
unknown, and the aggregates of last year were regarded
as
singularly exceptional. Great as they were, how¬
ever, they are surpassed by the deposits now held in the
principal hanks of Paris, as is shown by the table
in
THE CHRONICLE.
,
Rise in the Bank of
Rate
NO. 642-
daily expected.
The
effect of the change is discussed among our bankers
and merchants.
Although there is much diversity of
opinion in regard to other aspects of this question, still,
^npon one point there seems to be a singular uniformity.
All parties agree that our own financial situation is not
our
fall money
below.
DEPOSITS
u
OF
1876.
/
Francs.
Bank of France
399,000,000
162,7C6,030
Credit Industriel
37,347,000
Comptoir d’Escomptc. 72,350,000
Societe des Depots.... 40,074,000
Credit Foncier
57,875,QC0
Credit Lyonnais
67,973,000
Societe Generale
Total....
BANKS, AUGUST 31, 1876 AND 1877.
THE CHIEF FREXCH
837,325,000
,
Dollars.
79,800,000
82,541,200
7,469,400
14,470,003
1877.
,
Francs.
.
Dollars.
98,000,000
32,906,800
10,190,800
11,575,0C0
13.594,600
490,000,000
164,531,000
50,954,000
' 102,302,000
59,095,000
78,356,000
92,272,000
167,465,000
1,037,513,000
207,502,600
8,014,800
20,460,400
11,819,000
15,671,200
18,454,400
The accumulation of idle
capital in all the chief cities
of Europe has often been the subject of remark.
And
if it were necessary, other evidence equally pertinent
might easily be adduced to prove that the effect of the
rise in the Bank of England rate will not be very likely
to set up any drain of capital which will be capable of
producing much perturbation in the money markets of
Continental Europe ; and if so, then there is still less
prospect of any such perturbation here. But there is
another point of view in which some anxiety has beenmore generally
felt. The Bank of England has lost*
during the week, nearly $3,500,000 of its specie
reserves, which have fallen to a point below the
Vigorous efforts are making by Germany,
likely to be much disturbed. The reasons for this con¬ by France, and by other European countries to
clusion are, many of them, very plain.
accumulate, specie.
In view of this general desire
In the first place, the
advance, followed up as it may, all over Europe to increase the existing reserves
perhaps, be by similar movements, can scarcely fail to of the precious metals, the question has been asked
Attract capital to the British money market from
foreign
tpuntries.
The abstraction* of several millions at this
season of the
year
BNght he
a
average.
whether the Bank of
England wfill be able to protect
and increase its stock of coin and bullion without dis¬
from the New York money markets turbing our resumption preparations by drawing gold
very serious loss. As is well known, such an from this country. In reply, it is argued that the pres-
CHRONICLE
[Vol. XXV.
yy »■■
prospective condition of the foreign exchanges
is not such as to render this aspect of the action of the
Bank of England very formidable. The price of gold
yesterday indicates that this is the controlling opinion at
present in the gold market.
Still, future movements
will be watched with more care than has recently been
necessary.
Subjoined is a statement of the aggregates
of the Bank of England for several weeks past:
^nt and
,
Circulation,
Coin and
Bills.
EulKon.
Date.
Jane 20....
a
£
27,406,290
26,615,824
26,826,398
4ft
16....
Mi
25....
28,460,275
...
-Jaly 4..
.41
11...
1
Aug.
(ft
44
...
8...,
15.
...
4 ft
22....
44
29....
sept 5....
•
£
27,994,045
28,774,340
28,767,460
29,598,090
2?
M
12
«(
19....
«(
26....
...
28.758,360
28,893.755
23,546,860
28,203,210
27,900,545
28,159,635
27,706,770
27,533,275
27,393,950
Bate of
Dis-
Securities
excluding
Bank Post
26,948,340
27,679,257
27,629,692
27,029,505
26,741,531
in
Banking
Deposits. Department.
£
£
33,659,629
33,724,900
35,418,522
84,378,758
84,138,639
33,168,094
83,686,897
33,018,373
33,262,367
33,186,698
33,430,123
33,975,889
34,082,128
33,805,108
33,701,045
30,022,323
29,718.208
30,622,375
30,132,647
29,983,679
28,563,914
28,449,475
26,071,558
25,917,179
25,606,877
25,323,159
25,029,219
24,862,146
24,485,351
24,432,679
24,289,207
27,066,469
27,066,838
27,316,364
27,031,438
27,240,361
27,104,194
27,011,871
Deserve,
count.
was
to
a
8
8
are
13,911,797
14,081,602
2*
13,569,230
12,983,171
12,172,803
12,060,017
12,119,949
12,123,674
2
11,722,513
3
11,778,581
3
11,899,404
11,895,257
3
2
2
2
2
2
3
3
by step, with
and to make the advance more
rapidly than had been previously the custom of the
Bank of England. It has been doubted in some quar¬
ters whether this plan would be as successful in the
future as it has always heretofore proved. The past
policy of the Bank of England renders it probable that
they will continue to rely upon Mr. Goschen’s plan, and
promptness and decision,
consequently be submitted to a somewhat severe
before long. For this and other reasons, the recip¬
it will
-test
rocal movements of the next two
or
tinuecT, but toward the close pf August'the masters
agreed to submit to the proposed arbitration. - Borne
of the men immediately went back to work, pro¬
visionally, at the old rates. The shipwrights and iron¬
workers, still dissatisfied, held out seven weeks longer.
At length, however, through the interference of certain
outside parties, mainly through the influence of one of
the principal customers of the shipbuilders, both parties
have come to an agreement; and work has been resumed
by all the men, provisionally however as we have said,
13,832,353
theory that the proper remedy
raise the rate of interest, step
three weeks in the
specie reserves and the rate of interest of the Bank of
England will be watched with more attention in this
country than at any time since the panic of 1873.
old rates.
at the
liberty to call for any information which may be
deemed necessary. The decision is to be binding; and
in case the judgment should be in favor of an increase of
at
wages,
coyer
ing
the award is to be retrospective, so far as to
the time since the work was resumed. The follow¬
are
the questions submitted to the arbiters: Did
the state of trade
ARBITRATION—AN
AND
EXAMPLE TO
BE
FOL¬
LOWED.
It is well known that for
period extending over
some six months, the carpenters, boilermakers, engineers
and others connected with the shipbuilding on the Clyde,
have been out
on
a
strike. About three weeks ago arrange¬
having been made to submit the questions at issue
to arbitration, the men resumed work temporarily at the
old wages.
It appears that during the greater portion
ments
of those six months not fewer than ten thousand work¬
on
the Clyde at
the time of the strike
warrant, or does it now warrant, the Clyde shipwrights
in seeking an advance of wages ?, If so, what advance ?
The moral of this story lies on the surface. - A strike^
probably over two millions of dollars,
speak of the actual hardships endured by the
strikers themselves, their families, and the related com¬
munity generally, nor of the probable permanent loss of
trade by its transference to other centres, has been
brought to an end by means and through an agency which
existed before the strike began, and which, if taken ad¬
vantage of, would have rendered the strike unnecessary.
Masters and men were equally to blame. * Bad temper
prevailed and ruled until both became convinced of their
folly. Pity it is that common sense should have to be
purchased at so great a price. The lesson which has
been learned on the Clyde should be proclaimed all over
this land. The relations of labor and capital have be¬
which has cost
not to
come more
of the old
involved
on
this continent than in any part
world; and it is in the last degree essential to
prosperity of this people that the claims
of the workingman on the one hand, and the claims of
the employer on the other, should be so adjusted that the
the welfare and
recurrence
STRIKES
,
13,174,000
14,209,534
vf
that the Bank of England has been
steadily losing its gold reserve since the middle of July,
and that the activity of the drain has been lately aug¬
mented. Now, in such cases as this, Mr. Goschen, some
propounded
,
Each side is to name an arbitrator;
and the two arbitrators may select an umpire. “They
£
It thus appears
years ago,
■■—■■■■
1
THE
344
of such strikes
as
those which
have
re¬
cently witnessed should be no longer possible. We hope
nothing from legislation,. Legislation must not be al¬
lowed to deprive any citizen of his rights; and it is the
right of every man when he sells to sell at the highest,
and when he buys to buy at the lowest, rates. A good
understanding between the two classes, a desire on the
one side and on the other to do justly, and a willingness
at all times to submit to the impartial judgment of hon¬
est outside arbitration—in such ways, and such ways
alone, must be sought the key for the final and satisfac¬
'
-
jb
.
idle, and that the loss sustained on their tory solution of these frequently-recurring
part, in wages, has amountedjfo $350,000 or $400,000.
men
we
have been
troubles.
estimate of the loss sustained by
CITY REFORM AND THE CONSTITUTIONAL AMENDMENTS.
but it must have been correspondingly
The Board of Apportionment of this city has adopted
great; and it is not difficult to imagine how disastrous
such a suspension of industry must have been to the a resolution authorizing the Comptroller to issue $4,741,400 of new bonds with which to take up others due next
^entire community.
At the commencement of the present year, encouraged November for street opening and other improvements,
by the marked increase of business, the men asked for the explanation given being that the practice on the
an increase of wages.
This was refused. The men part of the courts of vacating assessments has so
asked for an arbitration. This also was refused. The reduced the collections from owners of assessed property
We have not
seen
any
the masters,
that
early in April over two thousand
shipwrights “struck.” The other trades remained at
work.
This state of things lasted for six weeks,
when the masters decided upon a general “lockout;”
and ten thousand men were left destitute of employ¬
result
ment,
was
For
three
months
this
condition
has
con-
hand.
This action is by no means unprecedented, and indicates
how our city debt is being increased under a system that
should certainly be changed in that respect at least.
The present debt (sinking funds deducted) is $91,6#),“
073 funded or permanent ; $18,300,997' revenue bonds,
that sufficient funds to meet
the bonds
are
not at
October
18, 1877.]
THE CHRONICLE
345
managed, and whether it is possible or not to do better
<22,.144,.400 “temporary” ; total, $132,105,470.
than has been done in the matter of enforcing collec¬
Tbe fixed debt is 69 per cent of the whole ; the revenue
tion, is a subject we do not stop to consider; the gist of
bonds—which are of a fluctuating nature, issued in an¬
the position is that the city issues its own bonds uncon¬
ticipation of the year’s taxes, and are largest at this
ditionally for local improvements, taking as its only
of year, probably reducible before January to one-third
security a lien or a mortgage (not unquestionable in law
their present amount—are 14 per cent ; the temporary
and subject to the great and increasing risk of becoming
These latter bends, in fact
or assessment bonds are 17 per cent.
a non-enforceable one), which accumulates in
after having increased up to the beginning of 1877,
default and practically cannot be foreclosed, so that for
show now a decline, indicating that they have passed
the actual purpose of paying its debts the city may find
their highest point. Their nature is pretty well under¬
these liens nearly as unavailable as is its own property
stood. They are a thing of comparatively recent origin,
and
time
(sometimes reckoned as “ assets ” against debts) in the
parks and water works.
Nothing could well be devised more vicious in prin¬
ciple than this assessment system, and its results are
only natural.
They leave the city in this position r
property has been improved, during an inflation period,
on rising nominal values which .were said to constitute
unquestionable security; but now, with the liens unpaid,
the values have been and are shrinking back, leaving
the bonds issued during the term of folly yet to be met
without deduction. No moral could be more sharply
the property owners got their bill through the Legis¬
lature and had their special commission, selected by pointed, but the important consideration for usis, what
is to be done about it?
As we are not writing
themselves, to supervise the work. Up to that time
an essay upon an abstract question, this is the practical
contractors had been paid in city certificates redeemable
one to be considered ; how shall the city get out of the
only as the city collected the assessments; this safe
avoid unwise courses hereafter ? Constitu¬
policy was then abandoned, however, for the one since slough and
tional amendments now in process of consideration go
followed in both cities, the city issuing its bond uncon¬
far towards answering this question.
One amendment
ditionally and itself taking all risks of collection. Other
forbids any municipality from making any donation or
streets were similarly improved, but Third street gradu¬
loaning its credit to any individual or corporation, or
ally lost its boulevard attractiveness, and the once prom¬
from becoming owner of stock or bonds in any corpora¬
Then the property
ising scheme proved a failure.
tion, or from incurring any indebtedness except for
owners began to declare themselves unable to pay, and
in great doubt whether the whole matter had not been municipal purposes ; this amendment also provides that
no city or county shall in any manner or for any purpose
illegal and unconstitutional; but that the assessments
were “excessive” they were perfectly certain.
The case become indebted, including existing debt, to an amount
creation of the paper era brought in by the
war, and it may be useful to very rapidly recount the
experience of our neighboring city with them. In 1861,
about the time that Prospect Park was begun in Brook¬
lyn, certain property owners on Third street joined a
movement to have the city “ improve ” that street?
claiming that it was to be a grand boulevard approach
the Park, and that the assessments on prop¬
to
erty rapidly rising in value would be ample se¬
curity. Despite objections by old-fashioned people,
being a
form of
unsettled, and in exceeding five per cent of its last assessed real estate
1869 was compromised, the owners agreeing to pay in valuation, and that all indebtedness in excess of such
limitation (except such as now exists) shall be void ;
twenty annual instalments, which were to be included
that no city or county whose present debt exceeds the
in each tax bill ; in 1873, a certain piece of property
five per cent shall contract further debt, except as
was sold by the city to satisfy the debt and litigation
began in earnest, the property owners making this a provided for by current tax levies or, under special
test case of their claim of unconstitutionality, and the legislative authority, temporarily, for not more than
five years and at the rate of not more than one dollar
city holding that the compromise act of 1869 was a con¬
firmation of all prior proceedings and a virtual re-levy per capita of population ; that no law shall hereafter be
of the tax by the State itself.
The referee sustained the passed to authorize any debt-incurring by counties or
cities unless it makes such debt repayable in not more
property owners; the Supreme Court reversed this, and
the Court of Appeals, during the past season, decided ; than twenty annual instalments immediately following,
and provides for the necessary taxation, these provisions
in favor of the city, on the technical ground that the
to be irrepealable.
The permanent debt of this city,
courts have no jurisdiction to review municipal proceed¬
exclusive of temporary, now is more than double the
ings of this character. Chief Justice Church also went
beyond the case to pronounce the assessment business proportion allowed for the future by this very stringent
measure.
The other pending amendments, proposed by
“unjust and oppressive, unsound in principle and vicious
in practice,” and to say that “ it is difficult to discover the Municipal Comiflission, were given in full in the
in it a single redeeming feature which ought to commend Chronicle for March 10 last, page 214, and we cannot
take space for resketching them, but the gist of them is
it to public favor.”
The right to collect these liens is thus legally held this: city elections are to be held separately; no debt or
good, but the collection itself is quite another matter. liability shall be incurred unless there is an unexpended ap¬
These liens are in this city $22,141,400,and were estimated? propriation existing for the purpose; the control of local
last December, by Comptroller Green to be worth matters is transferred from the Legislature to the city gov¬
$13,000,000, but his successor frankly expressed tbe ernment; the principle of paying as you go and not dis¬
opinion that not more than seven millions ever will be counting the future is embodied, and financial adminis¬
tration is committed to a board of finance chosen under
collected; it is certain that not one assessed property
limited suffrage. We need not pause to argue these
owner will pay if payment can be avoided; technical
pleas of want of notice or other irregularity are ready, amendments, inasmuch as they need simple statement
and in the long list of actions pending against the city— rather than vehement presentation, and particularly
need to be kept before the public attention. They were
representing over nine millions—column after column
repeats the phrase “ to set aside an assessment.” How approved by the last Legislature, although probably
this branch of city administration is or might be only a small proportion of the people have as yet
was
allowed to stand for some years
346
THE CHRONICLE
[VOL. XXV.
noticed the
A material improvement has also taken place
in lake and canal
fact; they are next to come before the
Legislature to be chosen next month. The argument freights, which ruled at such very low figures when the season
for them is exceedingly simple. Experience has shown opened. The Buffalo Commercial Advertiser gives the following
average prices for the month of September, for a series of
abundantly the necessity of stringent restrictions, placed from Chicago to Buffalo by lake, and from Buffalo to Newyears,
York
in the fundamental law, upon incurring debt and upon by canal:
Lake.
Canal,
the license and abuse which creep into legislation; the
Wheat.
Corn.
Wheat.
Corn.
Years.
Cents.
Cents.
Cents.
evil of “special legislation” has been dealt with by the 1868
Cents.
91
70
162
13-6
..9681
6 5
60
160
137
present
constitution,
and the worst
danger before
these
..
.
07
8
1
5 6
41
10 8
10-0
1871..
96
90
11*3
amendments is that of public forgetfulness. No endeav
12*5
..27
81
14-8
13-8
12 5
11*6
..
3781
126
11*6
ors .
to keep
11-8
10*1
the best men in power will accomplish 1874
3-5
32
95
8-5
.
.5
781
2 5
2*2
successful
results so long
70
6-4
as the governmental
system is
...67
81
26
2*3
6 2
56
..
.7
781
deficient
and depends
40
3*4
7-7
6’7
upon the right course being
reports of traffic on various
followed because it is the right course; if the intelligent
which cannot properly be brought into our tables on account of
voters of the metropolis, therefore, let the
subject stay out their irregularity, we have the following :
of the election by not making support of the amendments
The earnings of the Chicago & Rock Island road for
Septem¬
a test of
ber
show an increase of $60,000.
candidacy for the next Legislature, and if thus
t—
..
\
/
.
•
.
.
.
..
.
.
,
.
the careful work of the Commission is thrown away,
there will be reason hereafter to repent of the folly.
The
The
a
Michigan Central report closed May 31. The following is
and net earnings following the above
statement of the gross
date, May 31:
people of the interior, also, will make a great mis¬
$535,202
Dec.. $61,731
$473,470
take if they are indifferent to the matter as one not con
482,222
423,858
Dec..
8,363
543,484
Inc... 12.815
556,297
cerning them. The welfare of the cities does intimately
$1,510,906
Dec.. $57,279
$1,453,626
concern them; and, moreover, the amendments are of
1,186,748
Dec.. 91,940
1,094,808
vital consequence as embodying and establishing perma
$324,157
Inc... $34,661
$358,818
The following is a comparative statement of
nent principles of government which are of
gross earnings of
general the Texas & Pacific
Railway Company for the months of June,
application. The Chronicle cannot dwell upon this July and August, 1876 and 1877:
subject every week; but if it could and should do so it
1876.
1877.
3G0 miles.
444 miles.
Increase.
would no more than do justice to its earnest conviction June Month.
7
$112,881
$140,067
$27,185
117,531
166,987
49.455
that support of this measure ought to be required of July
August
139,570
220,053
80,483
every candidate for the Legislature, and that agitation
Totals
$369,934
$527,108
$157,123
.
of it should
never
be allowed to
The
cease.
RAILROAD EARNINGS IN SEPT. AND FR01I JAN. 1 TO OCT. 1.
The second month of the grain carrying season has now
elapsed,
and on several of the Western roads the increase in earnings has
been larger than anticipated.
Chicago Milwaukie & St. Paul
heads the list with an increase in September of $534,000, Chicago
6 Northwestern follows with an increase of $357,170, Illinois
Central shows
increase of
receiver
of
Railroad reports
the
Indianapolis Cincinnati and Lafayette
for August:
RECEIPTS.
Cash remittances from passenger agents
From freight agents
Other roads, mails, &c
Balance from July
$66,468
71,082
35 985
6,014
...
Total receipts
$179,551
...
DISBURSEMENTS.
Supplies
$44,821
.
$137,962 on its main and leased W»ges of employes
42,307
Balance due
14,465
lines, Bur. Cedar Rapids & Northern an increase of $103,426, Bond interestforeign roads
18,745
being over 100 per cent larger than in 1876. It is generally con¬ Taxes
11,0)9
Misce.laneous
22,194
ceded that the quantity of surplus grain for export from the
Total
;. $153,583
northwestern States has not heretofore been equaled.
Balance carried to September account
25,967
While the roads above named, and others similarly benefited
The Kansas Pacific in its August report gives total gross earn¬
by the large grain crop, are thus showing a material improve¬ ings $309,824; net, $115,316.
These are divided among the
ment in traffic, the roads west and southwest from St. Louis which
several mortgage divisions, etc., as follows:
First mortgage
have been conspicuous during past months for their exceptional
division, 140 miles, $123,993 gross, $51,988 net; second mortgage
prosperity, do not now show so favorable an exhibit as compared division, 254 miles, $103,179 gross, $39,162 net; third
mortgage
with last year.
It is also observed £ut the Chicago & Alton road division, 244 miles, $68,053 gross,
$21,780 net; Leavenworth
shows a decrease of $50,921 in September, 1877.
branch, $8,631 gross, $1,398 net; Junction City & Fort Kearney,
None of the trunk-line roads are reporting their earnings to
$5,081 gross, $2,668 net; Arkansas Valley, $885 gross, net
any late date, unless we except the receiver’s report for Ohio & deficit.
Mississippi, which is given as follows fDr Sept ember:
GROSS EARNINGS IN SEPTEMBER.
an
RECEIPTS.
DISBURSFMENTS.
Cash on hand Sept. 1
$101,853
From station agents
394,229
From conductors
4,946
Individual railroad companies,
etc
24,230
Express companies
6,370
Vouchers
1877.
prior to Nov., 1876..
Arrearage
Vouchers
1876
53
subsequent to Nov.,
Pay-rolls and
158,944
120,719
arrearages
Interest on con. morrg., due
Jan. 1, 1877
.
Total
$70
$531,631 | Cash
on
hand October 1, 1877.
Total
236,372
15,470
$531,631
lines, however, now predict a large
increase in their earnings as almost certain to follow the recent
advance in freight rates, particularly after the close of naviga¬
tion, which will now come in about six weeks. As a result of
the late conference of trunk-line officers in this city, the “ fifth
class ” in freights was abolished, and articles formerly included
therein brought into “ fourth class;” an advance was also made
on “fourth class” freights, to take effect Oct. 8.
A larger advance
has now been made on all classes of West-bound freight, to take
effect Oct. 15, when the schedule will be as follows from New
York to leading Western cities :
1st class.
Buffalo
Cleveland
Cincinnati
Indianapolis
Louisville....'...
Chicago
St. Louis
Toledo
Detroit
.........
65
2d class.
$ 55
62
89
92
1 13
95
1 23
73
68
...
..
7 The friends of the trunk
.
Atchison Top. & S. Fe
Burl. C. Rap. & North’n.
Cairo & St. Louis*
Central Pacific
Chicago & Alton
Chic. Mil. & St. Paul..
Chicago & Northwestern.
Cl. Mt.V.& Del.&brchs..
Denver & Rio Grande....
Grand Trunk of Canadat
Gt. Western of Canada}:.
Illinois Cent. —III. line...
do la. Leased lines only.
1876.
$'81,500
$265,593
194,226
90.8 )0
13,936
1,420,585
50
55
80
83
1 03
85
1 11
65
61
$
39
42
62
64
81
65
87
54
47
$18,907
103,425
473,323
17,415
1,871,876
524,244
1,180,003
645.831
1,540,003
38,68r
78,033
849,551
357,523
563,015
1,182,833
534,169
357,170
35,021
47,353
30,680
3.479
50,921
3 665
97,185
191,239
127,6 8
Indianap. B. & Western..
63,511
121.909
121,378
531
Int. & Gt. Northern§
Kansas Pacific
Missouri Pacific
136,000
131,102
341,661
301,959
2,898
33,702
347.991
370,015
324,144
Missouri Kansas & Texas
Paducah & Memphis
St. L.A. & T.H. (br’chs)..
St. L. Iron Mt. & S
St. L. K. C. & North
St. L. & San Francisco fl.
Tol. Peoria & Warsaw*..
Wabash
Total
Net increase.
307,178
14,591
49,666
401,703
321,160
132.993
81,225
462,163
$9,905,821
Dec.
$
451,311
752,366
363,034
488,504
-
•
•
.
5,561
74,421
.
f
-
-
-t
16,966
783
44,615
354,914
5,051
46,786
290,603
137,416
108,832
425,142
30,533
$9,040,196
r
22,024
15,374
3d class. 4th class.
$
Inc.
•
•
•
>
•
•
•
•
•••
4,426
24,607
37,023
$1,445,736
865,623
$580,108
* Three weeks
only cf September in each year,
t For the four weeks ended September 29.
X For the four weeks ended September 28.
§ Between the loth and 25th the operation of the road was interfered with by
#
the storm at Galveston.
In the figures of this road for each month of 1876 there was included the
of about $10,000, received from rental of cars leased to other roads; this
item does not appear in the return for this ytar, making the comparison with
1876 less favorable than it otherwise would be.
„
sum
October
1 TO SEPTEMBER 90.
GROSS EARNIN88 FROM JANUARY
1877.
$1,763,865
A Santa Fe
819,809
Bari, d Rap & Northern..
169,993
Cairo &' St. Louis*
Central Pacific
Chicago & AJton
Chic. Mil. & St. Paul ...
Cl. Mt. V.& Del.&brchs..
Rio Grande....
Grand Trunkt
Denver &
Western*..r
.......
Illinois Central (III. line)
Ind. Bloom. A Western..
Int. & Great Northern...
Pacific
Missouri Pacific
Missouri Kansas & Texas
Paducah & Memphis
St. L. A. & T.H. (br’chs)..
St. L. Iron Mt. & So ....
Kansas
281,345
512,234
6,711.980
2,780,875
279,312
2,033
332,552
209,702
6,978,467
2,964.955
3,621,110
4,038,929
914,667
993,560
2,271,893
1,117,691
•
•
488,933
•
•
•
•
•
•
•
•
417,819
203,024
859,030
139 500
2,154,821
2,630,932
2,2 0,652
117,072
111,087
53,932
....
«
20,525
•
$1,058,079
$122,016
1,330,24)
$333,703
l,049,S:i
Hannibal & St. Joseph...
184,210
171,389
Houston & Texas Cent.
199,875
208,166
413,895
543,481
118,096
131,103
62,325
.
Louisville & Nashville...
461,492
Michigan Central
556,297
125,714
Mobile & Ohio
Nash. Chat. & St. Louis..
New Jersey Midland
151,997
63,493
292,390
53,194
3), 170
24,022
237,834
43,961
44,241
26.086
$3,908,939
$3,331,067
Philadelphia & Erie
St. Joseph & Western...
St. Paul & Sioux City
Sioux City & St. Paul....
Total
Net increase.
earnings
1877.
Hannibal
& St. Joseph....
.
.
New-Jersey Midland.
.
St. Joseph & Western.
St. Paul <fe Sioux City.
Sioux City & St. Paul
.
$17,321,049
.
GROSS
Increase.
$72,767
$33,437
24,874
$34,985
32,232
$211,343
174,992
$215,021
186,706
$8,563
$2,753
$16,355
$28,315
$17,140
11,628
$13,737
11,756
$98,789
83,483
$97,478
$5,517
$1,981
$15,301
$14,576
$39,170
28,803
$44,241
30,351
$287,425
218,900
$361,554
240,415
$10,367
$13,890
$68,526
$121,139
$21,022
18,555
$28,066
$158,352
19,128
139,844
$6,938
$18,508
East.—Kentucky Div.—
earnings
Operating
expenses
earnings
earnings
Operating expenses
earnings
Net
Decrease.
$......
Operating
230,378
12,830
.
Net
8,231
47,507
12,816
earnings
iu
5,071
2,044
$538,218
expenses
EXCHANGE AT LONDON—
SEPTEMBER 28.
$15,346
Increase.
$
Decrease.
$18,110
27,^30
233,770
412,975
26,779
37,498
2,089 841
24°,,491
361,554
218,901
24*4,686
16,041
60,6 i9
$304,520
$17,437,020
$450,500
Operating expenses
Net
110,780
earnings
$141,792
,—Jan. 1 to Aug. 31.—.
1876.
$243,133
117,790
$130,330
Amsterdam...
1877.
1876.
.
$1,492,792
815,330
751,037
$134,755
$634,035
..
Genoa
Naples
Madrid
New York
Rio de Jineiro
earnings
Operating
$77,951
70,215
$615,5S1
44
.
....
Gross earnings
Expenses
$40,136
$7,736
$139,390
$1,330,249
574,392
$1,049,871
541,493
$7,511,512
4,245,779
Net earnings
$755,857
$508,378
$3,235,733
Clev. Mt. Vernon &Del. andBr’clis.—
Gross earniDgs
$'3,939
$33,001
$242,658
24,208
24,929
196,485
$9,691
$8,072
$46,172'
Houston & Texas Central—
Gross earnings.
$199,875
Operating exp., incl. taxes.. 111,936
$203,106
expenses
Net earnings
Net earnings
$67,880
Kansas Pacific.—
Gross earnings
Net earnings
$
152 628
$55,473
$
$254,783
145,127
$1,930,232
194,598
$115,317
$109,656
$756,905
$309,825
Expenses
1,171,327
Louisville Cin. & Lex.—
Gross earnings
$104,491
Operating & other expenses ?-i,630
$704,370
552,413
Net profits
$31,864
Nashville Chatt. & St. L.—
Gross earnings
$154,997
Operating expenses & taxes 89,952
$151,937
Net earnings
$131,103
31,637
$1,097,636
$46,456
$426,709
$62,325
$439,754
333,864
$
$100,890
670,927
New Jersey Midland—
earnings
Operating
expenses
Net earnings
Paducah
woss
&
....
....
earnings
expenses
Operating
3 mos.
short.
4 4
3 mos.
short.
Sept. 23.
117.76
20.42
20.42
24 3-16
44
,
t
,
,
•
•
•
3
25.
•
mos.
•
*
•
•
.....
....
short.
Sept. 28.
.
•
27.40
•
Sept. 26. 3 mos.
Sept. 28. 60 days.
Ang. 5. 90 days.
Aug. 14.
47.90
4.S3J*
20*
demand.
Bombay
“
Calcutta.
4 4
■
Singapore
;
...
j
1
9}*@ls.9}*d|
9>6@ls.9%'d|
0j*-llc?.nom!
44
...
\8.
1$.
»«
44
....
5«3%-5J*e?.noin
ls.9J*@ls.9J*d.
3sl0}*-llcf.nom
41%@42
Is. 9 7-16d.
Sept 27. 6 mos.
44
u. §y%a.
Sept. 26.
3s. 11 d.
Sept. 22.
5s. A%d.
Sept. 22.
Sept. 13. 90 days. 14J* pr. ct. prem
44
44
Sept! 26.
|
3
mos.
|
95%
Sept. 29, 1877.
nearly every department remains extremely quiet.
$161,768
In scarcely any branch of business is a disposition shown to enter
into transactions of any magnitude, and as we are now entering
$7,549,622
4,073,695
upon the last quarter of the year, it is. regarded as more than
$3,475,927 probable that the new year will have dawned upon us before any
revival of commercial activity shall have taken place.
Some
$244,291
peace rumors have, it is true, been in circulation; but not only is
202,407
there reason for disregarding them, hut there is also ample
$41,834
evidence tliat the Russians are making preparations for a winter
$
campaign. A large number of huts has been ordered for imme¬
diate construction in this country, and probably orders have been
$
given out elsewhere; but in spite of this, the military situation
in Russia suffered such reverses of late, that the Government
$1,852,862
may begin to consider that it would be judicious to make peace*
1,148,331
more especially as Turkey would be willing to agree to honor¬
$704,481
able terms.
It seems to be tolerably clear that only prolonged
fighting will enable the Russian army to single out those officers
who are capable of conducting a campaign, but when we hear it
asserted that the Russian losses have not been less than 100,000
men. the Russian Government may well pause ana consider if
$1,135,134
the advantages they may gain are likely to be an equiva7.ent to
715,268
The Russians well know
$419,866 the sacrifices which they must make.
what winter quarters on the Danube mean, for pestilence, disease
$412,975
and death will assuredly fight the battle for the Turks, and will
thin the Russian ranks materially.
The Turks must also suffer
49,583
,
$
London, Saturday,
in
Memphis—
Net earnings
25.21
20.42
25.16
44
Pernambuco..
Alexandria
12.11
44
44
Business in
Net earnings
i»ross
47J*@47&
51%@51%
28.02X@28.07J*
28.02H@23.f-74
23.024@28.07H
46H@46%
Valparaiso
Shanghai
Mauritius.
44
!: ept.
....
$740,434
576,666
476,193
Chic. Burl. & Quincy—
Operating
@20.72
23%@23%
short
Sept. 28.
[From oar own correspondents
$113,625
73,489
expenses
20.67
U
44
Burl. Cedar Rapids & North.
Gross
44
14
RATE.
TIME.
DATE.
12.2 @12.3
25.37X@25.42,}*
20.68 ©20.72
short.
25.15 @25.25
3 months. 25.30 @25.35
12.05 @12.10
20.68 @20.72
44
90 days.
3 months.
Hong Kong...
$1,479,335
$51,510
(ffitglis!) Netoa
LATEST
RATE.
3 months.
Paris
Paris..
Vienna
Berlin
Frankfort
St. Petersburg
Cadiz
Lisbon
Milan
$218,991
167,481
EXCHANGE ON LONDON.
.
short.
Antwerp
....
74.123
EARNINGS, EXPENSES AND NET EARNINGS.
Atchison Topeka & Sante Fe—
Gross earnings
$255,572
TIME.
Hamburg
16,039
83,902
e cciii^GB at London and on London
AT LATEST DATES.
up
522.872
1,214,169
3,175,808
1,065,534
1,135,134
>
$5,467
Cateat filanetart) attfr dammfrcial
7,618
21,894
1,078
24,553
'9,231
-
earnings....
Sionx City & St. Paul—
Gross earnings.
1 TO AUGUST 31.
August.
$821,780
$76,093
Gross
$118,310
$7,549,622
1877.
$1,117,$47
$11,638
$3,394,353
2,336,274
The statement below gives the gross earnings, operating expenses and net
earnings for the month of August, ana from* January 1 to August 31, of all
the roads that will furnish statements for miblication:
,
$84,832
Operating expenses
1876.
$7,531,512
1,242,099
3,499,578
1,049,495
1,097,636
439,754
1,845,755
259,442
287,423
168,352
$194,019
1,429,353
$16,708
St. L. & So.
ON—
.
$2,583,626
1,435,879
$2,251,133
189,328
St. Paul & Sionx CityGross earnings
...
ING3 FROM JANUARY
$274,160
180,146
$386,548
313,781
have but recently reported their earnings for Aug.:
Chicago Burl. & Quincy..
$374,165
expenses.
302,831
GROSS EARNINGS IN AUGUST.
Atlantic & Gt. Western..
$567,220
St. L. & So. East.—Tenn. Div.—
only of September in each year,
t From January 1 to September 29.
% From January 1 to September 28.
1876.
$501,223
$379,529
Net
Three weeks
1877.
$89,699
1,523,641
41,556
Net
The following companies
$112,083
$2,089,841
.
$53,244
260,075
5,093
$59,689,345
$267,834
187,135
43,413
Gross
...
•
180,307
$1,845,759
1,344,533
Operating expenses
11,336
951,680
,—Jan. 1 to Aug. 31.—,
1877.
1876.
»
1876.
$292,330
expenses.
earnings
Net
34,710
1,038,437
3,203,323
1877.
St,L. & So. East.—St. L. Div.
Gross earnings.
$60,121
379,219
2,233.620
Aufjust.
,
:
Net earnings
15,769
314,816
2,606,047
:
Operating & gen.
184,080
•
Net decrease
*
Gross
•
256,487
•
\ L
i
St. L. Iron Mt. A Southern-
..ft
150.173
365,311
$57,353,071
•
:
Net earnings
382,690
•
.
Operating
1,100,090
13,136,197
3,885,410
5,861,393
;
34V
Philadelphia A Brie—
Gross earnings
19,261
12,036,107
3,302,720
5,372,46)
2,935,326
2,228,910
953,038
778,362
3,210,421
Tol. Peoria & Warsaw.. *
Wabash
$......
21,425
831,234
189,254
:
•
Dec.
$5,500
$1,758,385
2,795,019
2,314,534
134,414
St. L. Kansas City & N..
St. Louis & S. Francisco
) !
Inc.
1876.
At Top.
Great
CHRONICLE
THE
13,1877.]
,
,,
$15,704
11,632
$119,823
$4,022
$37,088
83,735
$134,799
95,283
$39,516
a
similar way, and it is thus hoped that during the short days
a time for reflection will arrive, which may lead event¬
of winter
ually to peace. The commercial interests ot this country, in the
meantime, must suffer, because the belief in peace is so vague
THE
348
CHRONICLE.
business
ns if peace were assured, besides which there are so many other
complications likely to arise that it has become impossible to
trade extensively until the doubts which at present exist have
And indistinct that no
been
merchant would care to embark in
[Vol. XXV.
Bankers’ Clearing House return, compared with tbe
and
the
four
previous years:
dispelled.
Circulation—including
1875.
£
1876.
£
1877.
£
27,666.229
29,221,4:)7
28,334.314
27,721,469
13,53-3,689
13,582,156
1873.
1874.
£
£
bank post-bills
cl27.127,640
Public deposits
" 6,922,208
Other deposits
22,118,192
Government securities. 13,398,185
Other securities
24,540,012
Reserve of notes and
5,208,013 4,624,096 7,043.838 5,274,794
19,610,608 22,912,8)8 27,517,747 21,736.577
15,300,261
14.121,093
political affairs in France is still a great obstacle
19,187,420 19,014,751 16,010,461 19,582,952
to improved trade.
The elections are near at hand, and the action
9,954,181 10,813.805 13,587,782 21,851,251 11,895,257
coin
of the Government in advising the people to vote for the candi¬ Coin and bullion ir
both departments.... 21,632,321 23,090,300 27,408,042 34,827.641 24,239,207
dates which they have put forward having produced considerable Proportion of reserve
62*53 p. c. 43 51 p. c.
to liabilities
irritation, the conflict is likely to be a severe one, and to be
2 p. c.
2 p. c.
3 p. c.
Bank-rate
5 p. c.
3 p. c.
93*
96*
95*
92
92 *
Xr&ught with considerable danger. The state of affairs in France Consols.
47s. Id.
47s. 04.
57s. 6d
English
46s.
wheat.av.
price
64s.
2d.
9d.
is obviously a cause for much anxiety; but it is quite possible Mid.
6d.
6*d.
Upland cotton
8 15-16d. 7 15-16d. 6 13-16d.
that the arbitrary acts of the Gevernment will in the end lead to No.40s, mule twist, fair
lid.
10*d.
10*d.
2d quality
Is. 2*d. la. 0*d.
A firm establishment of the Republic, or there may be another
Clearing House return.125,537,000 129,065,000 105,887,000 73,135,000 71,517,00®
coup d'etat.
The following are the current rates of discount at the leading
The subscriptions to the Indian Famine Fund continue liberal,
cities abroad:
Bank
nearly £300,000 having now been subscribed. The repetition of
Open
Bank
Open
rate.
market
rate, market.
these famines, due entirely to drought, is calculated, nevertheless,
$ cent, per cent,
$ cent. percent.
Brussels
to produce a beneficial effect.
2*
IX
The necessity for the storage of Paris
and
Turin, Florence
2*
Amsterdam
water has long been acknowledged, and it would seem that it
4
Rome
4*
Hamburg
4y%
Leipzig
would be by no means a bold policy for a government at the head Berlin
Genoa
4*
4*
5
Frankfort
3
of this-country to propose a loan the proceeds of which shall be Viennaand Trieste.
Geneva
4)6 4X@1K
New York.
5*@7
Cadiz and Baradequate to construct the necessary works. At the present time, Madrid.
10
Calcutta
8
6
celona
5
5
5
6
Copenhagen..
when money is abundant, and when there is but little prospect Lisbon and Oporto.
r®6
6
8t. Petersbure
of any improvement in trade, a loan for such a purpose, and with
a British guarantee, would meet with rapid success, in addition to
There was no sale of India Council bills on Wednesday, and it
which a considerable proportion of the loan would have to be is understood that no tenders will be invited for some time to
spent in this country for the necessary appliances. There is now come. The silver market has, in consequence,become firmer, and
great distrust with regard to foreign securities, especially those fine bars are now worth 55d. per ounce. The German Govern¬
of the Continent and of the South American republics.
Public ment must now be accumulating a large credit on this side, and
companies are avoided, and hence a loan for Indian irrigation hence some heavy withdrawals of gold may take place, which
works, even though it should eventually reach a heavy total, may not improbably have the effect of producing a rise in the
would be a speedy success. Whatever might be the total amount
Bank rate of discount.
it is quite clear that the loan would have to be spread over
On the Stock Exchange business has been of a very limited
several years, as the necessary works would take a long time to character.
The tone has been somewhat undecided, dulnes3 and
complete.
steadiness being alternately apparent.
United States Govern¬
The Treasury have this week announced an issue of bills to the ment securities, however, have been firm, and tbe tendency hag
Amount of £3,000,000, tenders for which will be received at the been favorable, while American railroad bonds, although in very
Bank of England up to the 4th of October next.
The bills are moderate request, have realized higher quotations. Canadian
repayable three and six months after date.
railway securities have also attracted attention, and prices
The Secretary of State for India has given notice that he will exhibit a further improvement.
be prepared to receive on Tuesday, the 9th of October, tenders for
Small supplies of English wheat have been on sale, and the
a loan of £3,000,000 for seven years, on the security of debentures
condition of the produce has been poor.
The markets have been
transferable by delivery, in amounts of £1,000 and £500 each, well
supplied with foreign wheat. Millers have been operat¬
bearing interest at the rate of 4 per cent per annum. Interest ing cautiously ; but good and fine qualities of produce have been
will be payable half-yearly at the Bank of England, and the loan held at full
prices. Inferior wheat has met with a slow and
is to be repaid at par on the 16th August, 1884.
The last instal irregular sale.
ment is to be paid on the 4th January, 1878, but those who may
The deliveries cf home-grown wheat at the principal markets
desire to pay up in fnll will be allowed a discount at the rate of of
England and Wales are increasing, and in the 150 leading
4 per cent per annum.
The first coupon, which will be payable markets they amounted, during the week ended September 22, to
on February 16th, will be for six months’ interest.
No]allotment 57,140 quarters, against 49,084 quarters in the previous week,
will be made for a smaller sum than £500.
and 65,753 quarters in the corresponding week of last year. In
The demand for money during the week has been exceedingly the whole
Kingdom it is estimated that the sales amounted to
moderate, and in the absence of an active demand for gold for Ger¬ 228,560 quarters, against 263,100 quarters iu 1376, showing a
many, the rates of discount have remained easy.
It is believed, deficiency this season of 34,540 quarters. Since harvest the
nevertheless, that some purchases of gold on account of the deliveries in the 150 principal markets have reached a total
German mint would necessitate an immediate upward movement.
162,516 quarters, against 218,535 quarters; and in the whole
The price of silver is rising, and the German Government has
Kingdom it is computed that they have been 650,000 quarters,
probably a large and increasing balance on this side. It is quite against 874,140 quartersjlast season, showing a falling off of about
probable, therefore, that a large sum will be withdrawn, at a 224,000 quarters. It is estimated that, without reckoning the
moment when it is least expected. The supply of mercantile
supplies furnished ex-granary, the following quantities of wheat
paper, however, is still very limited, and there is no prospect of and flour have been placed upon the British markets during
any immediate increase in it.
Should a rise in the value of money the first four weeks of the present and three preceding seasons:
take place, it will be due to a demand for gold, and not to aug¬
1874.
1875.
1876.
1877.
cwt.
cwt.
purt
mented requirements for commercial or financial purposes.
The
6,320,744 3,983,705
3,094,1 SO
3,702,939
316.074
rates for money are as follows:
491,410
443,534
339,320
The state of
.
,
-
..
.
...
..
.
....
...
Per cent.
3
Bank rate
Open-market rates:
80 and ftOdays’
Z months’ bills
bills
2*@2*
2*&2*
] Open-market rates:
|
4 months’ bank bills
3*&3*
6 months’bank bills
4 and 6 months’ trade bills. 3* (£4
(
!
Total
deposits
are as
joint-stock banks and
under:
Annexed is
a
statement showing
2 @
2 (&.!!.
2 @’2*
2 @ 2*
the present position of the Bank
England, the Bank rate of discount, the price^of Consols,
average quotation for English wheat, the price of Middling
Upland cotton, of No. 40’s Mule twist, fair second quality,
of
The
of Eng. wheat for season
6,963,793
7,221.500
4,840,500 '
9,752,154
9,175,279
80,912
27,538
37,996
6,809,278
7,140,588
9,724,616
9,137,283
53s. 9d.
46s. 7d.
48s. 5d.
47s. 7d.
cereal
and from the United Kingdom during the first four
weeks of the new season, compared
in the three
.
2,940,U00
154,515
following figures show the imports
produce into
Per cent.-
•Joint-stock banks
Dteconnthousesatcall
Discount houses with 7 days’ notice
Discount houses with 14 days’ notice
—
Result
The rates of interest allowed by the
3,785,000
Exports of wheat and flour...»
Aver, price
discount houses for
2,817,300
Per cent.
and exports of
with the corresponding
periods
previous years :
IMPORTS.
1877.
1876.
Wheat
3,094,180
Barley
666,447
956,034
Oats
Peas
Beans
Indian Corn
Floor.
92.953
.....
2,050,438
413,534
433,719
4.430,953
339,230
1875.
6,320,744
547,724
1,058,508
58,920
296,489
1.868,513
491,410
1874.
3,938,705
1,315,595
822,951
59,457
154,837
1,658,536
346,074
OCTOBER
THE CHRONICLE.
13,1877. J
1,647
2,248
1871
1875.
1874.
30,823
3.159
742
26,f)84
3,167
4,757
857
880
2.191
11
6,539
1,854
20,948
1876.
75.411
1877.
8ame time In—
1876
1875.....
1874
1873
1872
1
EXPORTS.
,
...$40,490,653
63.89S.3S7
43.5b3.450
43,405.711
60.233.983
Same time in—
1870
1869
$50,686.56!^
27,383,284
66,430,157
11 H.&TC7s,glt
....
Wteest
151,096
6,433
CWl.
1,010
7,110
rea»
Sfjfjftn Conti
3,419
finalist! iBarHet
been
imports of specie at this port during the same periods
as
Oct.
Oct.
Oct.
Oct.
week have been reported by cable, aa shown in
following summary:
Jjondon Money and Stock Market.—The directors of the Bank
of England, at their meeting on Thursday, fixed the minimum
rate of discount at 5 per cent. The bullion in the Bank has
4—Str. Algeria
5—Str. Niagara
5—Str. City of Yera
6—Str. Alps
Nassau
,.U. S. silver
.
Liverpool.... ....U. S. gold
..Foreign gold
Havana
....U. S. gold
Cruz ...Havana
Aspinwall.. . ....U. S. gold
.
Gold dust
the
decreased £693,000 during the week.
Mon.
8at,
Consols for money..
“
95 5-16
95 9-16
95 9-lb
95*
95*
95 7-16
95 7-16
95 3-16
95 3^16 95 3-16
95 3-16
account.. 95 5-16
107
107*
107*
107
107*
107*
106*
lOo* x 105*
100*
104*
103*
104
103*
Liverpool Cotton Market.—See special report of cotton.
0.8.6s (5-20b)
1(m0b
58 Of 1881
New 4*8
D 8.
107*
107*
106*
101*
1867.... 107*
107*
107*
107
106*
104*
Liverpool Breadstufla Market.—
d.
s.
Wbbl 26 6
Wheat(R. W. spring).# ctl 10 0
(Red winter)..... “ 11 3
?Av. Cal. white).. “ 12 4
(C. White club)... “ 12 8
Corn (n.W. mix.) $ quarter 28 0
Peas (Canadian) $ quarter 40 6
Flour (extra
State)
*»
26 6
10 0
11 3
*•
12
«
12 8
23 0
Wed.
s. d.
Tues.
Mon.
s.
d
Sat.
4
40 6
s.
d.
26
10
U
12
12
23
40
6
3
26
10
1!
12
12
28
40
4
5
9
0
0
Thnr,
s.
26
10
11
12
12
6
3
4
5
9
0
0
d.
6
3
4
5
.
28
0
40
0
d.
Beef (prime mess).. .# tc.
Pork (W’t. mess).... $bbl
Bacon (l’g cl. m.)new# cwt
“
Bard (American)....
0hee8e(Am. flne)....
92
47
40
47
61
92 6
48 0
40 0
46 6
61 0
“
d.
s.
92
47
40
47
61
6
6
6
0
0
6
6
6
0
0
Fri.
d.
92 6
0
0
63
0
40
47
6J
3
s.
Rosin (common)... tfewt..
"
“
(fine)
5
10
Wed.
d.
5 3
10 0
1 *
7*
41 0
li*
s.
Petroleum(reflned)... .$ gal
12*
12*
“
(spirits)
7*
7*
n
T«llow(primeCity)..$ cwt. 41 0 41 0
—
Qoverseed(Am, red).. **
...
Spirits turpentine
“ 25 6 25 6
5
10
0
£
d.
s.
Lins’dc’kefobl).»tr. 9 15 0
Linseed (Cal.) $ quar.
56 0
0
41
0
41
8
0
26
0
25
9
0
£
e.
0
9
56
0
15
56
23
0
35 0
0
0
0
0
2S
73 0
35 0
30 10
Bugar(No.l2D'chstd)
on
23 0
28 0
#tuD..7S 0 0 78 0 0 73
spot, $ cwt
Spermoil
Whale oil
“ .35
Linseed oil....$ ton .30
0
5
0
0
35
30
0
5
0
0 30
5
Imports and Exports for the
merchandise.
a
d.
0
0
£ s. d.
9 15 0
56 0
0
0
23
78
0
35
0
0
0
30 10
£ s. d.
9 15 0
56 0
28
78 0
35 0
30 10
0
0
0
0
0
0
0
0
Week.—The imports iast
decrease in dry goods and an increase in general
The total imports were $5,729,769, against
$5,198,485 the preceding week and $6,400,133 two weeks pre¬
vious. The exports for the .week ended Oct. 9 amounted to
$6,373,639, against $6,7<5,624 last week and $7,427,911 the pre¬
vious week. The exports of cotton for the week ending Oct. 10
were 9,421 bales, against 10,212 bales the week before.
The fol¬
lowing are the imports at New York for week ending (for dry
goods) Oct. 4 and for the week ending (for general mer¬
chandise) Oct. 5:
FOREIGN IMPORTS AT NEW YORK FOR
1874.
1875.
$2,019,317
4,459,812
$1,110,692
3.541,854
_
Drygoods
$117,926 10
500,764 82
863,147 37
561.215 99
554 250 98
574,762 94
686,624 SO
418.000 00
347,949 79
417,986 04
$2,195,000 $2,751,351 87
Balance, Oct. 5
Balance. Oct. 12
635,028 89
279,152 56
343,047 01
907,314 16
Currency.
$982,020 16
693 820 50
651,155 82
415,294 47
$4 022,803 45 $2,783,438 76 $3,983,172 45
102,636,593 18 43,361,847 53
102,601,506 29
43,401,478 03
Texas Securities.—Messrs. Forster, Ludlow & Co., 7 Wall st., quote:
G. H. & S. 6s* g. 83
Austin 10s.... 100
102
State 7s,gld §110
112
Dallas 10s,... 90
....
f*3
7s,g.30 yrs §111
113
60
do 8s con. 2d
25
10s,pens.. §103* 104* Houston 6’s.. IS
G.H.&H.7s,g.lst 75
S. Ant’io 10s.. 95
....
6s of 1892.
100
87
85
65
80
....
THE WEEK.
1876.
1877
$1,548,572
3,481,540
$1,378,679
4,351,090
•
-
September, as follows:
on hand August 1
Receipts August.
Cash
...
Balance
on
$1,091
143,134
159,631
$i03,857
$137,566
1*2,959—280,556
Expenditures August
Expenditures September
Frl.
dommercicrt ani> Miscellaneous News.
week showed
514.000
331,000
418,000
336,000
364,000
9
Payments.
Gold.
Total
Thnr.
Wed.
9 15
0
0
Receipts.
$232,000
Receipts September
....
26
6
Mon,
Tues.
£. s. d. £ s. d.
9 15
56
6
Oct.
and
12*
12*
London Produce and Oil Markets.—
Sat.
-Sub-Treasury.-
Receipts.
Gold.
Currency.
$840,341 11
$675,335 93
733,324 35
528,4:0 59
290,201 91
363,609 52
Toledo Peoria & Warsaw.—A. L Hopkins, receiver of this
road, has filed liis report of receipts and expenditures for August
Fri.
d.
5 3
10 0
e.
7*
41
....
25
d.
3
b.
s.
s.
5 3
10 0
3
0
Tnur.
Tues.
d.
5 3
10 0
Mon.
d.
d.
House and Sub-
§ With interest.
Liverpool Produce Market.—
Sat.
5,060,939
9,961,206
$8,311,267
8,489.011'
14.702.820
6,078,84%
2,642,896
1871
1870.....
1869
1868
1867
8.
6
0
9
6
$5,953,631
10,222.080
Custom
House
9
0
27
40
47
40
4H
47
f Si,568
Treasury have been as follows:
....
Thur.
s. d.
92 6
Wed.
s.
d.
92 6
47 6
40 6
47 0
62 0
Tues.
s.
5,680
Same time in—
4,994,302
Total
Mon.
d.
Sat.
301
3,100
$11,778,249
1, 1877
The transactions for the week at the Custom
Liverpool Provisions Market.—
s.
Total since Jan.
$305
1,168
72,000
11,695,686
„
1872
Fri.
d.
8.
26 6
10
4
11 5
12 7
9
Total for the week
Previously reported
Same time in1876
1875
1874
1873
'
Frl.
Thur.
Wed.
Tues.
have
follows:
Oct. 3—Str. Carondelet
markets of London and Liver¬
42,922.695
54,113,938
56,717,537
The
7,173
Reports—-Per Cable.
Thedftily closing quotations in the
pool for the past
,
59,141
5,501
18,073
T
m
1868...
1967
1866
$23,&)i
hand
bill in equity, filed
of 5,000 shares of
Pennsylvania Railroad stock, pravingfor an injunction to restrain
that corporation from paying the rental of the New Jersey rail¬
roads and canal, claims that in 1878 the Court of Errors and
Appeals in New Jersey decided the lease to be invalid, and that
United Companies of New Jersey.—The
by Robert N. Wilson, representing upwards
of the complainants have begun other proceedings to en¬
The bill will not be pressed at present, as it
force that decree.
is feared such action at this time might affect the stockholders as
well as the credit of the company.
The bill recites that previous to the execution of the indenture
of lease, and while the same was in negotiation between
some
the
parties thereto, a bill in equity was filed in the Court of Char eery
in the State of New Jersey for an injunction restraining defend¬
ants from executing the indenture of lease.
Then the bill relates that the injunction was denied, and that
the Court of Errors and Appeals, to which an appeal had been
taken/subsequently made a decree, in which it was recited that
the said corporations ol the State of New Jersey had no authority
to enter into or execute the said indenture, and in which decree
it was also ordered that the said decree of the said Court of
Chancery should be set aside and revised.
The bill further says : “ Your orators aver that since the mak¬
ing of the decree of the said Court of Chancery, or since the
making of the said decree of the said Court of Errors and Ap¬
Total for the week.
$5,030,112
$5,729,769
$6,479 189
$4,652,546
249,400,542 peals, no change has taken place in the status of the said case
282,895,833
220,870,289
Previously reported.... 309,573,072
whereby the equities of the parties, plaintiffs in the said bill of
Since Jan. 1
$267,548,379 $225,900,401
$255,130,311 revivor and supplement, have been so changed that a different
$316,052,261
In our report of the dry goods trade will be found the imports mode of relief from that prayed for in the original bill has be¬
come necessary."
of dry goods for one week later.
The following is a statement of the exports (exclusive of specie)
We call the attention of investors to the line of securities
worn the port of
New York to foreign ports for the week ending offered by Messrs. Holier & Co., of 24 Nassau street, in oar
to-day's issue. A good security always commands favorable
EXPORTS FROM NEW YORK FOR THE WEEK.
attention, and Messrs. Holier & Co. propose to make a specialty
1877.
1875.
1873.
1874.
of such investments as they can confidently offer to those desir¬
For the week
$6,373,639
$6,866,219
*U(ou.,,«A;,
$5,837,619
$5,335,115
Previously reported.... 217.992,504
ing safe and remunerative securities.
186,009,496
209,561,156
197,579,669
General merchandise...
—
$224,858,723 $191,847,115 $202,914,787
$215,934,795
The following will show the exports of specie from the port of
New York for the weekending Oct. 6, 1877, and also a com¬
parison of the total since Jan. 1 with the corresponding totals
Since Jan. 1
for several previous
years:
I Str.
u,r* Herder...
London
City of Richmond. ..Liverpool
/W b
vci.
PrA^S?\f0r
the week
Previously reported
Total since Jan. 1, 1877
Amer. silver bars. $105,000
Amer. silver bars.
107,400
—The “National
Safety Paper" is now largely
checks, drafts, certificates of
the raising of the amounts by erasure or
manufacture of
vent
the original instrument, and the
Messrs. Campbell, Hall & Co. are
Nassau street.
used in the
stocks, &c., to pre¬
the use of acids on
substitution of higher figures.
the manufacturers, 110 and 112
—The Production of the Ontario Silver Mining Company for
September was $173,238, making the totaljto October 1, $2,072,431
The company has declared its eleventh dividend of $50,000 (gold),,
$23,774,719 payable at Wells, Fargo & Co.’s on the 15th inst.
$212,400
23,562.319
THE CHRONICLE
350
&f}e
Bankers’
No National Banks
Closing prices here have been
©alette.
68, 1881
68, 1881
Name
of
Company.
Railroads.
Baltimore & Ohio (main stem)
Lowell & Law rence
!
When
Books Closed.
P’able. (Days inclusive.)
3
3
FRIDAY,
:
Nov. 15 Nov. 6 to Nov. 15
Oct.
1
OCTOBER 12, 1877-5
P. M.
6b, 5-20s, 1865, n. i...reg. .Jan. & July.*105
6e, 5-20s, 1865,n.i..coup..Jan. & July. 105
68, 5-208, 1867
reg.. Jan. & July. 106%
6b, 5-20s, 1867
coup..Jan. & July. 107
5s, 5-20s, 1868
reg. .Jan. & July.*109
6b,5-20s,1868
coup..Jan. & July.*109%
5s, 10-40s
reg..Mar. & Sept. 106%
5e, 10-40s
coup. .Mar. & Sept.*107%
5b, funded, 1881
reg.. Quar.—Feb. 106%
5s, funded, 1881... coup..Quar.— Feb. 106%
4%s, 1891
reg..Quar.—Mar.*104%
4%s, 1891
coup..Quar.—Mar. 103%
4s, registered, 1907
Quar.—Jan.‘ 101%
4s, small coupon
Quar.—Jan. 101%
points this week in financial
matters
The salient
the
higher rates for
Eng¬
gold within a range
of 102-£@103-k; continued low
prices for exchange; a fair business
in government bonds; and a
generally strong tone in stocks,
based on the advance in
freight rates on the trunk lines.
The grain movement is watched with considerable interest
froip week to week, and although it is believed that farmers in
many places are holding back their produce, the quantity
coming
are
money here and the advance to 5 per cent in the Bank of
land rate; the more frequent fluctuations in
forward is
even to
so
much in
of last year as to afford satisfaction
excess
those who have held
of
high anticipations of the out-turn
by rail and by
ports in the month of Sep.
past is shown in the following table:
the present crop.
The movement of grain
lake from the Western lake and river
tember for four years
BY
Week ending—
September 1;
RAIL.
1877.
1,146,301
993,998
...
..
5,366,430
BY
Wheat
Total
Flour
1,444,901
...10,801,598
Sept., 1876338,873
,
Total
Flour
8,687,995
6,952,125
-
257,523
351,198
370,0b9
3,398,744
3,398;744
2,291,503
2.305,510
2,531,437
13,925,938
WEEKS ENDING SEPT.
29, 1877.
Boston.
Portland. Montreal. Pliilad'a.
196,499
10,000
96,156
61,070
Baltm’e.
363,630
689,524
52,000
502,236
90,500
39,200
7,000
1,144,600
874,600
46,000
26,500
1.936,575
859,935
35,189
5,211
18,000
1,690,090
85,500
2,854,910
923,400
828,2U0
248, iOo
4,000
36,500
2,040,300
174,651
1,184,399
13,8(0
71,300
93,461
1,741,236
Sept., 1875297,019
7,870,251
Grain
169,170
874,536
12.110
87,695
1,048,992
79,720
2,276,100
76,550
69,872
11*200
2,076,400
111,751
2,243,900
87.412
112,500
1,734,800
1,299,8C0
local money market the rate on call loans has
ranged
most of the time at 6@7
per cent on stock
In
our
collaterals,and 5@6 per
cent on government bonds.
On the calling in of some $3,000,000
of stock loans on Tuesday, there was
a temporary advance to 7
per cent gold.
Prime commercial paper finds a sale at 6£ to 8
per cent.
The Bank of
England rate was advanced to 5 per cent on Thurs¬
decline of £693,000, in specie during the week, and a
decline in the reserve to 35£
per cent of the liabilities, against
37£ the previous week. Outside the Bank, discounts were obtain¬
able at 4f per cent.
The Bank of France showed a decrease of
28,200,000 francs in specie.
day,
on a
The last
statement
of the
banks, issued October 6,
the
excess
New York
showed
an
Oct.
10.
11.
Oct.
12.
105
*105
*105% *105% 105%
105% 105% *105%
*107
107% 107% ♦107
107% 107% 107% 107%
♦109
105%
109
109%
*109
109%
109%
*106% *106% 106%
107% *107
w*
106% 106% 106%
106% *106% 106%
103% 104
104%
104%
•
104
*101
*109
*109
104
106%
107%
106%
106%
104%
This is the price bid; no saofwas made at the Board.
r-Itange since Jan. 1,1877—,
Lowest.
6s, 1881
reg.
6s, 1881
coup.
6e, 5-20s, 1865, new..coup.
6s, 5-20s; 1867.
coup.
6s, 5-20s, 1868..... ..coup.
reg.
5s, 10-4Os
5s, 10-40s
coup.
58, funded, 1S81— coup.
4%s, 1891
reg.
4 Hs, 1891
coup.
.°
4s, ISO?
reg.
6b, Currency
reg.
108% Oct.
Oct.
Oct.
Oct.
109Va
104%
106%
109%
106%
107%
106%
6
6
114%
115%
111%
114i%
117*4
114%
114%
112%
109%
'6
8
10
8
Oct.
Oct.
Oct.
Oct.
0
8
9
103% Oct.
103% Oct.
101
Highest.
I
6 109
Oct.
5 1C6
120% Oct.
11 126
-Amount Oct. 1.—
Registered.
17 $193,996,500
Jan.
May
May
May
Jan.
Jan.
Feb.
Coupon.
F
26
17
26
22
27
6
22
Jan
88.739,850
106.597.600
60,9:9,950
93,429,000
15,729,500
212,189,900
21,736,300
142,386,650
52.179.600
289,021,700
219,418.650
July 17
May 17
July 24
July 18
113,070,750
86,929,250
885,500
9,114,500'
64,623,512!
Closing prices of securities in London have been
as
follows;
Range since Jan, l, ’?7.-
Lowest.
U. S. 6s, 5-20s, 1867....
U. 8. 5s. 10-40S.
107%
10?%
107% I 107%
107% xl05%
101% 1 104
New 5s.
New 4l% per cents.
106
107
Highest.
June 25'
Oct. 10
110% Feb, 6
110% Feb. 6
105% April 25 109 July 11
102^4 May 16! 106% Aug. 7
Bailroad
Bonds■Virginia bonds, on small
Baltimore, have been rather weak/
Alabama class “A” have sold at 40|.
Louisiana consols have
been in fair demand at81@81£, the total amount of consols issued
2,702,229 to October 1 being reported at $11,221,075, the old fundable
bonds $880,800, and the old non-fundable, $3,971,000.
Railroad bonds have been in good demand, aud nearly all the
3,330,736
3,3 il',735 popular issues show firmer prices.
There is evidently a recov¬
2,816,284
2,207,730 ery of confidence in these securities, and the higher prices of
2,450,454 stocks necessarily strengthen the bonds, as interest payments
must precede dividends, and the prospect of the latter is made
14,135,940 the basis for the present large advance in stocks.
The following securities were sold at the Exchange salesroom:
490.470
*
Oct.
9.
108% 108% 109% *109
109% *109% 110 *109
*104%
106%
106%
*108%
109%
106%
*107%
*106%
106%
104
104
Oct.
The range in prices since Jan. 1, 1877. and the amount of
each
class of bonds outstanding Oct. 1, 1877, were as follows;
State
and.
transactions, mostly in
6HAKES.
SHARES.
City Clearing-House
of $55,350 in
increase
above their 25 per cent
legal reserve, the whole of such
being $8,490,350, against $8,435,000 the previous week.
The following table shows the
changes from the previous
week and a comparison with the two
preceding years :
excess
20 Germania Fire Insurance
53 Phenix National Bank
102%
4 Niagara Fire lnourance Co.. .115%
18 City Fire Insurance Co
158
106 Tradesmen’s National Bank.. 125%
59 Manhattan Bank
135
30 Change Co. Milk Assoc’n for $1,500
of
Elizabeth, N. J
50
80 Brooklyn Gaslight Co
167%-170
4 New York Gaslight Co
137%
20 Brooklyn Academy of Music. 80
Closing prices of leading State and Railroad Bonds for three
and the range since Jan. 1,1877. have been as follows:
weeks past,
,
..
Grain
1,233,049
11,892,989
Flour
Total..
1,520,811
1,233.049
1,584,652
1.378,492
1,235,021
19,023,182
RECEIPTS, FOUR
New York.
Barley
Rye
1,573,053
1,808,411
1,6;8,318
1,8.0,361
l,7a7,847
3,977,079
..
..
1874.
1,693,491
2,434,473
2,963,634
2,268,994
2,427,397
3,928,809
..
Com
Oats
1875.
lake.
3,564,263
...
GRAIN
1816.
:
.
104%
*100% *101
101% *101%
101% 101%
*101% 101%
reg..Jan. & July. 120% 120% *120
*120% 120% 120%
6s, Currency
*
Tlie JWoney Market and Financial Situation.
Oct.
8.
reg..Jan. & July. 108% 108%
coup.. Jan. & July. 109% *1C9%
Called bonds
DIVIDENDS.
Per
Cent.
follows
as
Oct.
Int. period.
6.
organized during the past week.
The following dividends have recently been announced
[VOL. XXV’
States.-
Sept.
(Jet.
28.
*42
5.
Tennessee 6s, old
do
6s, new
*42
North Carolina 6s, old
*16%
Virginia 6s, consol
*75
do 2d series...
do
Missouri 6s, long bonds
District of Columbia, 3-65s 1924
106%
*73%
Oct.
12.
*42%
42%
*17
*13
*41
•
.
*42%
*42%
*15
♦70
*40
•
•
73%
Since Jau. 1, 1877.—<
,
Lowest.
42
17
Highest.
Jan. 11
Feb. 28. 44% June 7
Hi 22% Jan. 6
2
Jan. 16 45
Apr. 11
Jan. 23 109% June 5
Oct.
82% April 2! 82% Apr.
38
*106% 104
74
1
42% Feb. 28! 45
71
Railroads.
Jan.
2; 80
June21
5
*66
*67
Central of N. J. 1st consol.
Central Pacific 1st. 6s, gold ...
4 110% June 11
165% *105% 105% 105% Oct.
*110
*110
106
Mch. 16 1111/* June 14
Chic. Burl. & Quincy consol. 7s
Chic. & Northwest’n, cp., gold
93%
April 111 96% Oct. 8
91%
92%
Jan. 261 92% Oct. 6
92
'8
Chic. M. & St. P. cons. s. fd, 7s !
97%
r9%
Chic. R. I. & Pac. 1st, 7s..
*106% *1C6% 106% 106 Feb. 28 112 June 29
Jan. 15 115
June 29
Erie 1st, 7s, extended
109
97
*97" oT 93 July 17 102 May 10
1C5
105
100
May 2 105% Oct. 9
Michigan Central, consol. 7s...
Morris & Essex, 1st mort
*nc>y2 113 Feb. 19 118 June 7
Mch
114
5 121
N. Y. Cen. & Hud. 1st, coup...
May 24
117% *117
95
Ohio & Miss., cons. sink, fund *93% *92%
81% June 28 95 Oct. 12
117
Pittsb. Ft. Wayne & Chic. 1st
Jan. 9 122 June 23
St. Louis & Iron Mt.. 1st mort
*95% *96% *97~ 92% Mch. 22 103# July 12
Jan. 9 108% June 18
104
Union Pacific 1st, 6s, gold
104% 104% 103
*65
,.
,
50
Mch., 5
85
Jan.
m
.
do
*
sinking fund...,
*94%
*94%
95
92% Mch. 31
98% Fob.
6
This is the price bid; no sale was made at the Board.
Bailroad and Miscellaneous Stocks*—The stock market
closes strong, aud prices generally higher than last week.
Aside from any immediate speculative influences bearing upon the
market at the moment, tlie subjects most commonly spoken of as
affecting the values of stocks are the higher freight rates estab¬
lished by tlie trunk lines aud the increased tonnage counted on
as soon as navigation closes.
It is urged that the railroad man¬
agers have seen the folly of disagreeing and cutting under on
-1877.
1876.
1875.
Oct. 6.
kept. 29.
Differences.
Oct. 7.
rates, and that there is a reaction in sentiment which is likely to
Oct. 9.
Loans and dis. $241,847,800 $238,470,900
Dec.$3,376,900 $263,323,300 $282,173,600 end in the establishment of as high rates as the business of the
1 ,fi52’300
16,551,700 Dec.
19,469.200
100,600
6.701,500 country will permit.
So far as the recent action of the trunk
rculation
15,724,400
15,990.200 Inc..
265,800
14,705.500
17.852,400 line
Net deposits.. 200,771,200 197,853,400 Dec.
managers
is
indication,
it would seem that this view is
an
2,917,800 226,065,500 230,156,100
Legal tenders.
41,975,500
41,402,000 Dec.
573,500
53,587,600
60,356,800 correct, and that they will not be likely to stop short of prices
that will pay handsomely for the transportation of freight on the
United States
Bonds.—The prices of government securi¬
present
basis of expenses. The crop movement, as shown.in
ties have kept pace with the fluctuations in
gold, to a greater or another column, is so far qui e up to expectations, and on the
less extent, and the dealings have not been marked
by anj’ fea¬ St. Paul and other Western roads most directly affected by tne
ture of special interest.
Members of the syndicate are again early movement of grain the effect on their earnings is very con¬
siderable.
The full
reported to be in consultation with the [Secretary of the Treasury furnish the details in report of earnings on another page wi
regard to every road whose report can e
hut nothing has yet been
developed as a result of their interview. obtained.
,
^
Oct 8.
*18
20%
18
18
103V 104
Oct. 6.
*19
20%
.
At.APac.Tel
Central of N.J ioi* 105“
Chic. Burl .&Q
42
40
C.MH.& St.P.
do
pref.
Chic. &
do
70% 72
40V 42 V
North.
pref.
do
66% 68%
101% 105%
pref.
C. K. I. & Pac.
Del.&H. Canal
Del. L. & West
Erie
• • •
Han. & St. Jos
Harlem
HI. Central...
Lake Shore...
42%
71
72%
42% 43%
68% 69%
104% 105%
42% 45
51% 53%
41%
42% 43
51
52%
12% 14%
13% 13%
29
'142
75 X
70
13V
28% 23%
Ml
76
77%
72%
62%
75 %
71 %
62% 63%
75% 75X
Michigan Cen/
9
9%
24
24%
*121
120
19 ¥
19%
67%
67%
82 V
82%
8%
3hlo & Miss.
Pacific Mall
23%
119%
1/Y
Wab. F.C. Ii’ts
Union Pacific.
West. Un. Tel.
Adams Exp...
15
13%
13%
29
143
67%
81%
55%
American Ex.
49% 50
United States.
35%
t5%
—8
Wells, Fargo..
*
This Is the price bid and
71
66% 63%
103 X 104*
42% 44
50* 52%
14
14%
13
13%
23
.
47
85
85
—
; no
63
65
US
123
8%
3%
23% 23%
13%
29
142
76%
72%
64%
74%
77
73%
67%
7i
8%
9%
23%
23
130
123
12S
18% 19 V
130
55
*43%
85
*84% 35
130
13%
67
83
*97
<6% 66%
80 V 82%
96 V 97%
48
48
49
85
13%
29
142
105
13% 20%
67% 67%
82% 64%
93% 99
53% 54%
67%
42
50%
13% 14%
75% 76%
69% 72%
62% 64%
72% 75
8%
9%
23% 24%
53% 54
...
49% 49%
71%
72% 75
76
82% 81
99% 100
99,V
70
41%
49%
28"
28
-
*140% 143
76
76%
!8% 20%
67
•
103
40% 42%
47% 50%
12% 13%
*12%
13
13
*27
23
103%
40%
71%
42%
66% 67%
103% 104
42
102
20
17
103%
39%
70*
41%
65% 67%
40% 42
47% 51
12% 14%
9
9%
23% 24%
123
.
40
104
102
*18
17
17% 17%
102% 108
3i% 40
70% 70%
38% 40%
69% 70%
40
42%
65% 67%
42 V
7i
20%
67%
83%
asked
69 X
41
77
.
—
18%
103% 103 x
39% 4IX
76% 77
70% 72%
63 4 65%
9%
85
20
77%
73%
61%
24 V
*9 J
99
*93
55
2L)
n
Oct. 12.
Oet.ll.
*.... 20%
oct. io.
*17
20%
•17
18
103
103%
Oct. 9.
19%
67%
55
49
55
49
84
93
55
49
85%
84%
8-1%
sale was made at the Board.
Total sales this week, and the range
in prices since Jan. 1,
1876, were as follows:
Atlantic & Pacific Telegraph
Central of New Jersey.
..
Chicago Burl. & Quincy
Chicago Mil. & St.
Paul
35,490 40% Apr.
62,920 15
Apr.
73,065 37% Apr.
19,496 82% Apr.
20,575; 25% June
249,539 30% June
247,237' 4% Apr.
1.620; 7 Apr.
1,025 17 Apr.
do
pref..
Chicago & Northwestern
do
do
pref..,
do
Chicago Rock Island & Pacific.
Delaware & Hudson Canal
Delaware Lack. & Western
,
Erie
Hannibal & St. Joseph
do
do
pref....
23
13
23
23
Illinois Central
2
17
17
6,636 40i/£ Apr.
Lake Shore.
252,066! 45 Apr. 23
59,870 35% Apr. 2
Michigan Central
Morris & E-sex
15,604 51% June 13
N. Y. Central & Hudson River., 51,475 85% Apr. 23
Ohio & Mississippi
52,826 2i% July 7
Pacific Mail
11,645 12% Apr. 3
Panama
281 80
Apr. 3
Wabash Receipts
y2 June 30
59,671*
Union Pacific
3,1101 59% Jan. 15
Western Union Telegraph.
189,834; 56 Apr. 4
Adams Express
570 91
Apr. 23
American Express 813 43% July 3
United States Express
627 36
Apr.
365 81
^ells, Fargo & Co..July 25
.
.
■
Total sales of the week in leading
pref.
Oct.
33% July
May
77% Oct.
73% Oct.
67% Oct.
92% Jan.
109% Oct.
9% Oct.
26% Aug.
stocks
11
38,395
12
4.1,370
28,209
122
140
117%
24%
16% 39%
57%
63%
74%
80%
Jan.
100
114
60% Feb.
5' 55
67
U5
59% Jan.
June
90
15,216
8l 49% 76%
91
5’ 79
D 1.&
Erie.
Hud.
..
.1st week of Oct.
Month of Sept..
Month of Sept...
.W’kend. Sep. 29,
.W’k end. Sep 28.
3d week of S*ept..
Month of Aug...
IllinoisCen. (Id.line). .Month of Sept..
do (Leased lines) Month' of
Sept..
Indianap. Bl. & W .Month of Sept..
Int. & Gt. Northern.. .1st week of Oct.
Kansas Pacific
.Month of Sept..
Louisv. Cin. & Lex.. .Month of Aug...
Lonisv. & Nash., &c. .Montn of Aug...
Missouri Pacific
.Month of Sept..
Mo. Kansas & Texas. .4th week of
Sept.
Mobile & Ohio
.Mouth of Aug ..
New Jersey Midland. .Month of
Aug...
Nashv.Chatt. & St.L. .Month of Aug...
Pad. & Elizabethan.. .Month of
Aftg ...
Fad. & Memphis... .Month of
S<pt..
Phila. & Erie
.Month of Aug...
St. J os. & Western.., ..Month of
Aug..
St.L.A.&T.H.pjrchsj .Month of Sept..
.
..
..
.
f^L.
Mt. & South .Monthof
St. L. L
K. C.& North’n
413,895
14,591
252,390
53.194
491666
132,930
Sept.
(Ken.div.). ..2d week of Sept.
14,342
6,792
week of
Sept.
41,385
370,015
105,592
118,096
62,325
77,333
(Tenn.div.) ..2d
303,706
855.845
831.693
21,611
169.993
180,251
6,590
1/11/76 12,0-6,107 13,136,197
521,244 3,302,720 3,685,410
1,019,871 7,531,512 7,549.622
183,828 5.657,460 6,045,221
279,312
281,315
35,0 >1
542,254
47, °53
332,552
193,044 6,711,980 6,978,467
99,0«'3 2,780,875 2,964,955
461,402
90,689
125,714
63,403
154,997
31,701
2,852
1876.
$265,593 $1,763,885 {1,753,383
347,991
401,700
Francisco
Jan. 1 to latest date
701.370
37,000
..
.
....
•
...
following
American
fre¬
Op’n Low.
102% 102%
102% 102%
102 y2 102%
102% 102%
103
102%
102% 102%
High Clos.
102% 102%
102%
102%
102%
H-2 %
102%
102%
102%
103%
103%
103
{125,386,000
102% 102% 103% 103
103
102% 103% 102% 102,913,000
107% 192% 107% 103
are
-Balances.
,
*
Gold.
Clearings.
’Currency.
$16,408,001 $1,921,335 $1,977,993
20.267,000 1,2-6,000 1,325,348
20,037,000 1,144,108 1,181,402
17,714,000 1,503,< 85 1,516,487
27,165,000 1.266,707 1,306,674
23,795,000 1,356,169 1,409,622
1,206,839
1,215,946
the quotations in gold for foreign and
Sovereigns
! Dimes & half dimes.
@ $4 6.8
@ 3 83
Large silver, %s &%s
Five francs
@ 4 60
X Guilders
Mexican dollars.
@ 4 10
English silver
Spanish Doubloons. 15 60 @ 15 90
Mexican Doubloons 15 50 @ 15 60
Prussian silv. thalers
Fine silver bar:
Trade
dollars
18% 7a
119%
Fine gold bars
par@%prem.
$4 84
Napoleons
ap<
X X Reichmarks...
3 S4
4 74
3 90
..
97%
97%
— 95
— 94%
4 85
@ — 70
@ — 97%
96%@
96%@
— 93
@
— 93
@
4 75 @
—
—
—
—
65
96
—
—
£kch%nge.—The business in foreign bills has not been very
active, and prices of GO days sterling have varied little since
our last.
Since the advance to 5 per cent in Bank of England
rate, demand bill have been put up to 4.86 as the asking price,
and to-day actual business was done at 4.80£ for GO days, and
4.8o£@4.85£ for demand.
In domestic exchange quotations yesterday were as follows on
New York at the places named : Savannah, heavy, buying £
discount, selling i discount ; Cincinnati, quiet, buying 50 discount@par, selling 50 to 100 premium; Charleston, buying £
discount, selling £@par ; St. Louis, 1-10 discount; New Orleans,
commercial, £@7-lG, bank £; Chicago, GO discount; Milwaukee,
par between banks.
Quotations for foreign exchange are as follows:
-Oct. 12.60
Prime bankers’ sterling bills on London.,
Good bankers’ and prime commercial....
Good commercial
Antwerp (francs)
Swiss (francs)
Amsterdam
4.S0%@4.81
4.80 @4 80%
4.7S%@4.79%
4.78 @4.79
5.22% @5.20
5. £2% @5.20
5.22%@5.20
39%@ 40
(guilders)
Frankfort
(reichmarks)
(reichmarks)
Boston
days.
,
Banks.—Totals
were as
93% @
93% @
93% @
93% @
3 days.
4.S5%@4.86
4.85 @4.85%
4.83% @4.84
4.83 @4.84
5.20 @5.18%
5.20
5.20
91%
94%
94%
94%
@5.18%
@5.18%
40%@ -10%
91%@ 95%
94 %@ 95%
94%@ 95%
94% @ 95%
follows:
Specie. L. Tenders. Deposits. Circulation. Agg. Clear.
Apr. 23. $127,123,900 $2,619,701 $6,026,900 $52,476,600 $23,420,000 $46,904,449
43,708,082
52,975,200 23,364,990
2,331,71.0
6,5bl/00
Apr. 30. 126,706,800
54.070,162
2,542,000
54,487,560 23,371,400
6,916,300
May 7. 12-!,671,300
4 / 662,990
2,429,600
7,012,200
53,208,000 23,311,5'0
May 14. 129,033,100
<5,785,125
2,337,800
7,000,700
52,913,2 0 23,432.000
May 21. 129,488.9( 0
40,615,385
2.117.300
51,881,800 23,115,2(0
7.202,300
May 28. 129,151,700
June 4.
1.996.500
7,149,000
51,995,800 21,001,500 3-,959,901
129,432.300
June 11.
1.923.300
7,135,200
51,763,200 23,297,600 42,455,112
Io0,777,700
45,541,191
June 18.
1,85 ',200
7,045,000
51,480,500 23.171.300
129,900,700
41,004,048
June 25.
1.763.200
7,154,300
52,100,500 23,290,500
130,946,000
43,310,039
52,517,409 23,164,300
1.994.200
7,123,200
July 2. 131,088,200
51,514.098
Julv 9. 131,850,000
2.429.500
53,736,100 23,672,100
6,316.700
49,310,016
2.338.700
5,718,700
52 379,900 23,103,800
July 16. 132,442,200
45,485,814
1.947.700
51,2)0,000 23,502,200
5,725,300
July 23. 131 378,800
39,063,999
1,753,0.0
50,450,3)0 23,440,900
6,008,900
Julv 30. 129,841,800
1,762,1(0
5,938,700
50,9S7.500 23,346.800 43,131,316
Aug. 6. 129,lb7,500
3/032,036
1,8.27,luO
6,359,800 4 9,845 300 23,500,600
Aug. 13. 128,787,400
1:9,564,014
49,454,000 23,475,8(0
1,693/00
0.436.600
Aug. 20. 129,311,700
36,250,619
1,6 8.700
6,619 500
49,001,600 23,306,600
Aug. 27. 128,971.300
31,657,727
1.787.200
6,761,50 )
49,271,700 23.33S.500
Sept. 3.. 128/3/900
41,2/7,484
Sent. 10.
2,15 >,200
6,652,100
49,567,500 23,524,000
129,092,200
41.842,091
2.261.200
6,767,100
49,513,8 0 23,546,300
Sept. 17. 121.162,600
2,375,000
49,446,700 23,421,400 41,020/80
6,819,300
Sept. 24. 128,78-,900
40,8 *-7,565
Oct. 1...
128,819,900
2,4)7,00)
6,430,8(.'0 48.8S0.300 23,341,000
Oct. 8...
2.267.200
5,811,900
49,458,400 23,808,0.0 53,175,098
128,147,100
Loans.
Philadelphia Banks.—Totals were as follows:
Loans.
Specie. L. Tenders. Deposits. Circu’ation. Agg. Clear.
Apr. 23. $60,760,913 $1,303/ 6) $15,952,149 $50,834,215 $10,574,351 $17,721,577
Apr. 30
60,337,095 i; 188,924 16,568,606 51,104.158 10,560,931 35,75 ',266
60,733.685 1,3 "6,871 17,0;;6.7C8 5 *,38/491 10,538/56 39,755,591
May 7
60,76/747 1,266,351 17,412,613 53.473 284 10,526,878 £5.653,725
May 14.
.
4,033,929
1,117.691
891,060
2,154,821
3.409,578 3,175,80S
2,795,019 2,680,932
2,314,585 2,260,672
1,010,405 1,065,531
439,754
412,975
131,103
1,09.',636
1,135,134
15,374
267,834
43,963
44,615
351,914
80,510
137,416
13,856
6,719
2,554
131,414
150,173
1,845,755
250,442
2,089,841
365,311
more
coin:
Bremen
Berlin (reichmarks)
104,494
121.909
,
3,400
341,661
563,0.5
191,2,39
.
4,835
3/05
1,010
208,106
4 8,594 3,621,110
127,698
121,378
914,667
32.0)0 1,035,560
301,959 2,271,893
Sept...
St,L.&S.E’n(StL.div. ) 2d week of
“
113,736
47,503
199,875
1st week of Oct.
.Mo. th of Sept..
•
fct. L, & S.
285,000
39,687
73,033
228,056
The
...
11....
12....
44,660
37,950
18,997
36,430
in the second column.
Chic.Mil. & St. Paul..
Clev. Mt. V.&D.,&c.
Deny. &Rio Grande..
Grand Trunk
Great Western
Hannibal & St. Jo...
Houst’n & l ex. Cent
Current week.
Previous week
Jan. 1 to date
9....
10
Hamburg (reichmarks)
ings of all railroads from which returns can be obtained. The
columns under the heading “Jan, 1 to latest date” furnish the
gross earnings from Jan. 1, to, and including, the report mentioned
S.-pt.. 1,4 0,535
6....
8....
Oct.
‘‘
Tuesday.
“
Wednesday, “
Thursday,
“
Friday,
“
Monday,
4,100
3,425
the last line, f}r the purpose of comparison.
The latest railroad earnings, and the totals from Jan. 1 to latest
dates, are given below. The statement includes the gross earn¬
Month of
Saturday,
65,010
....
Month of Sept...
Chicago & Alton
473.223
Chic. Burl & Quincy. .Month of Aug
1,330,249
Total
•Quotations
44,200
1877.
6,624,714
quently each day during the past week, and after selling down
to 102£ on Monday and afterwards recovering to 103£, closes to¬
day at 103. On gold loans the rates to-day were 1, 1£,
3, 2
and 4 per cent for carrying.
Loans were also made flat.
The following table will show the course of gold and gold
clearings and balances each day of the past week:
41,175
v
Month of Sept.. J 284,509
Month of Aug...
422,016
1st week of Oct.
41,884
3d week of Sept.
4,135
3.317,116
6,967,406
113,259
Paris (francs)
Total..
73,065 252,066 189, S3! 74,911 59,870 249,539 247,237 20,575
Whole stock.. ....216,963 494,665 337,874 153,992 L7.3S2 262,000 780,0^0 200,000
The total number of shares of stock outstanding is given in
Atch. Top. & S. Fe..
Atlantic & Qt. West.
Bur. C. Rap. & North
Cairo & St. Louis
Central Pacific
3,323,680
976,781
v
1876.
lilarket.—Gold has fluctuated rather
The Gold
28,100
34,314
6 >,830
50,92)
34,209
-Latest earnings reported.
1877.
1876.
111,783
991,997
-
1877.'
St. Paul & S. City
Month of Aug...
Sioux City&St.Paul. .Month of Aug...
Tol.Peoria & Warsaw..3d week of Sept..
Wabash
1st week of Oct.
Union Pacific..
Month of July...
Docirinentary commercial
follows
were as
7,600
12,2.0
10,704
8,950
5,200
27,706
39,40)
39,SCO
106
84% Sept.
9,550
17,710
10,700
10,700
8,900
35.510
39,200
84
96
5
Mch.
73
17,351
9
33%
60% j 103%
48% i 68%
34%; 65%
23% Oct.
18.010
10
18% ]
130% i 145
Mch.
130
37,20.1
“
7%| 23%
10%, 22%
15% July
Mich. Del. L.
Cent. & W.
55,831
38,757
“
Oct
15
St.
Paul.
6
8
“
72% Oct.
43% Oct.
Lake West'n
Shore. Union.
“
“
20% 109%
U2X 121%
18% 46%
49% 84%
31% 45%
55%
98% 111%
61% 125
64% 120%
69% Oct.
105% Oct.
13' 74% Jan.
11 77
Jan.
o
-
Low. High
14% 22
Feb. 19 144
200 135
Harlem
Northw.
Whole
year 1876.
Sales
of w’k. —Jan. 1, 1877, to date.Shares
Lowest.
|
Highest
100 15/a Feb. 3! 25
Mch.
6
Jure 11; 37% Jan.
830
Mch. 19! 118% Jan.
2,013 94
74,911 11
Apr. 12 42% Oct.
$39,170
24,022
27,605
Jan. 1 to latest date.
18771
1876.
$44,241 $287,426 $361,554
26,066
158,352
218,901
778,362 1,038,437
42,993
reported.
i
Friday,
Fr
Mnnd&v.. Tnfladav. Wednea’v. Thursday.
Saturday.
Latest earnings
follows:
highest and lowest Drices have been as
The daily
351
THE CHRONICLE
13,1877.
October
243,401
311,816
.
May 21.
May 2/
June 4.
June 11.
June 18.
June 25.
62,150 339
62,408,063
62,891,869
62,492,288
-July 2.
July 9.
July 14.
July 23.
July 30.
Aug. 6.
Aug. 13.
Aug. 20.
Aug. 27.
Sept. 3
Sept. 10.
Sept. 17.
62,8158,717
2,935 326
2,306,243
963,036
412,705
2,606,047
2,344,130
226,651
£20,423
Sept. 24.
Oct. 1...
105,365
103,182
Oct. 8...
931,680
414,736
61,115,305
62,173.530
.
63,244 3()9
6 5,69 2,0 W
63,521,003
61,416,285
61,0(8,595
61,142,22 5
60,940.112
60,633,929
61,110,147
61,057,342
61,393.773
61,152,599
61,08S,110
61.218,252
17,434,155
1/663/77
19/08,037
19,789,864
54,009.832
56,6.8,719
58,< 32,771
57,913,944
10,644,0 8
10,518,176
10,5‘5,7-0
10,479,305
1,395,980 20,117,424
1,343.724 20,0 5.552
1,419,218 19,596,629
1,501,519 19,086.133
57,864,933
10,4(7,845
1 311,430
1,250,753
1,218,602
1,330.880
1,266,194
1,215,877
17,734,282
17,174,770
16,508,255
15 114,508
14J03, 86
1.138,119
14,659,797
1,132.27*
1,244,007
14,642,217
14,589,275
1,142,579
14,355,546
1,346,360
1,376.571
14,223,863
13,920,867
57,883/94 10,4.7,423
57,868,517 10,444,316
57,44 ),620 10,465,728
5S,0>i,300 10,455,3(6
56,452,197 10.414.015
53.329,167 10,398,891
52,346,689 10,417,. 85
50,443,923 10,448,649
49.617.779 10,453.248
49,335,787 10,489,880
49,989,663 10,403,113
49,397,024 10,536,776
49,750,085 10,521,262
49,275.003 10,552,698
49,072,910 10,519,169
13,461,572
43.293.947
1,443,187
1,320,0-*7
1,253/86
1,299,145
1.320,515
18,705,00 \
10.576.* 00
37,181,340
35,123,655
32,684,457
36.780,310
32,888,885
30,982,196
29,489,088
38,031,071
35,543,472
35,619,767
29,169,733
32,105,987
30,400,020
30,266,461
30,087,802
28,861,504
30,566,963
33 750,225
o/’* * £8
40,&M26.
THE CHRONICLE.
352
Hew York
City Banks.—The
following statement shows
Associated Banks of New York City for the
ending at the commencement of business on Oct. 6, 1877:
condition of the
AVERAGE AMOUNT OF
,
Loans and
Discounts.
Capital.
Banks
3,000,000
2,050,0,0
3,000,000
New York
Manhattan Co...
Merchants’
Mechanics’
2,000.000
1,500,000
Union
America
Phoenix.
3,000,000
1,000,000
1,000,000
City
1,000,000
600,000
Tradesmen’s
Pulton..
.
Chemical
300,000
Merchants’ Exch. 1,000,000
Gallatin National 1,5'0,000
500,000
Butchers’* Drov.
600,000
Mechanics’ & Tr.
Greenwich
2> 0.000
Leather Manuftrs.
600,000
300,000
Seventh Ward....
State of N. York.
800,000
American Exch'e. 5,000,000
Commerce ...e...
5,000,000
Broadway
1,000,000
Mercantile
Pacific
1,< 00 000
422,700
Republic
1 500,000
450,000
Chatham
412,500
People’s
North America... 1,000,000
Hanover
1,000,000
500,000
3,000,000
Irving
Metropolitan
Citizens’
600,000
1,000,000
Nassau
-.
Market
1,0 0,000
St. Nicholas
1,000,000
Shoe and Leather. 1,000,000
Com Exchange... 1,000,000
Continental
1,250,000
Oriental
300,000
Marine
400,000
.
Importers’&Trad. 1,500,000
Park
2,000,000
Mech. Bkg. Aes’n.
500,000
Grocers’
North River......
East K ver
Manuf’rs’ & Mer.
Fourth National..
Central National..
300,000
40 ',000
350,000
100,0 K)
...
3,750,600
2,000,000
Second National..
300.000
Ninth National... 1,500,001
First National....
500,0 0
Third National... 1,';OJ,00.)
N. Y. Nat. Exch..
300,003
Tenth National...
f00,000
Bowery National.
New York County
250,000
200,0 0
German American
1,000,000
Dry Goods
1,000,000
Specie. Tenders. Deposits.
PHILADELPHIA, Etc.—Continued.
BOSTON,
the
week
Bid. Ask.
SECURITIES.
Schuylkill Nav. ist
BONDS.
Penna. 5s, g’d, int ,reg. or cp.
STATE AND CITY
s
$
$
$
38,000
8,608,000 2,197,500 1,445,800 8.613.600
7,500
480.900 1.244.900 4.335.100
5,562 200
136.800
746.700
5.171.300
783.300
7,132,5C0
120.800
4.856.300
775.500
525.200
6.319.700
623,0*0 3.156.100
310,500
4.311,0.0
1,100
6,305,7ti0
955.300
982.600
8:990,000
270,000
436,060 2,525,000
246,000
2,724,000
4.471.700
986.900
874,000
5.702.600
790,700
1.785.800
376.200
63,000
3.214.200
1.561.100
474.800
145.600
1.901.200
700.300 2.877.300 10.463,900
10,203.900
622,600
2,363,703
513.300
110.200
3.191.900
45,000
269.600 2.192.100
322,700
3.764.900
169,000
1,117,000
226,000
62,000
1,476,000
193,000
970,000
202.600
40,400
1,709,0(0
2,700
707,200
101,600
793,100
•239,600
309.500
234.100
2.147.300
2.547.400
36,500
954.400
181.300
947,?00
91.400
45,000
333.700
1.127.300
535.100
1.954.400
231,100
699.200 1,496,000 7.580.100
11,471,400
6.140.300 2,188,000
399,000 2.147.300
13,977,100
891,400
3.340.600
629,903
132,400
4.921.600
45,000
350.800
2,t>59,000
206,800
3.133.300
1.990.500
498.400
27,600
2,039,400
450,000
158.200
3! 0,600
1.898.900
3,435,100
285,000
593.100
2.943.500
159,600
8.950.700
5,400
1.137.400
138.400
27.400
1.325.600
1.863.900
358,000
101.300
2,153,000
448.300
496.100
2.957.400
203.300
3,828 600
69,500
441.700 2,073,000
22,200
2,113,0 ,0
18,0-00
10,919,000 1,393,000 1,032,000 9,3!5,000
132,600
1.563.800
320.100
59,700
1.546.600
3,900
1.856.900
253.500
20.400
2,094,900
202,200
1,75^700
444.200
17«*,900
2.397.600
494.603
238.800
1,062,800
71,500
2.167.300
364 200
2.921.700
658,000
165.200
3,627,000
4,700
90.400
666,000 2.111.300
3.134.900
690.300
428,000 2.129.400
65,000
3.157.900
2 '5,700
10.400
1,050,100
1.288.600
228,000
1,547,000
309,000
107,000
1,645,500
448,800 3,417,600 14,851,800 1,108,800
14,802,200
60,000
611,900 3,094,900 12,827,300
10,280.800
232,700
143.000
582,000
733.800
10,000
725,900
201.400
1,600
719,700
767,300
125.800
937.300
16,900
98,300
142.400
559.100
8,600
717.800
511.400
128.700
1,700
437.300
13.785,600
686,COO 2,099,000 10,932,103 1,044,300
110,000 1,543,000 6,608,000 1,418,'>00
7,767,000
27 L',000
1,810,000
467,000
1,855,000
4.519.700
717,5)0
141,700 1,235,400
5,0*1,600
354,800
5.837,000
669.800 1.480.900
4,9)2.200
49,400
377.800 1,173,500 5.674.600
5,059,600
267,530
888.100
154,900
70,603
1.238,000
442,0. 0
557.600
154.200
9,800
1.272.300
218,400
877.600
244,000
2,000
1.114.700
180,00J
320,000 1.160.300
1,053,000
125,966 355.100 1.883.700
2.143.300
Philadelphia6s, old, reg
68. new, reg.
do
108%
in
...
....
...
*91
Allegheny County 53, coup...
Pittsburg 43, coup., 1913
do
53, reg. & cp., 1913.
••••
•
68, gmd. reg
do
...
....
108
i03
110
53, new, reg., 1892-1902
6S, 1045, reg.,l*77-’82.
6s*15 25, reg., 1832-’92.
do
do
do
Bid. Ask.
SECURITIES.
Pennsylvania 6s, coup., ’.910..
PHILADELPHIA.
Circula¬
tion.
$
Net
Legal
[VOL. XIV
113%
....
....
101%
10
41%
40
41
39%
50
100
30%
10
Philadelphia & Erie.... ....
10%
Pniladelphla & Read ng
Philadelphia* Trenton
Phtla.Wiltning. & Baltimore.
9%
m
Pittsburg Titusv. & Buff
122
124
United N. J. Companies
West Chester consol, pref....
West Jersey
CANAL STOCKS.
Chesapeake* Delaware......
Delaware Division
Lenfglx Navigation
112
...
6s,exempt,’9S,M.*S. 115
1900, J. & J
1302, J.&J
113
5s,
Norfolk water, 8s
30%
9%
10%
Pennsylvania
6s, exempt, 1887
STOCK8.
RAILROAD
19
19%
Morris
do
pref
Par.
Balt.* Ohio
100 L06
108
Wash. Branch. 100
do
do
Parkersb’g Br..50
Northern Central
50 17% 18
Western Maryland
50
6
Central Ohio, pfd
50 20
Pittsburg & Connell8ville..50
RAILROAD
50
44
99
.
BALTIMORE.
do
do
do
50
Norristown
North Pennsylvania
,
Maryland 6s, d fense, J.& J..
do
33
Mlnehlll
BONDS.
Balt. & Ohio 6s, 1880, J.&J....
do
6s, 1885, A.&O.
N. W. Va. 3d m..guar.,’85.J*J
Pitt8b.& Connellsv.'iS,’98,J&J
Northern Central 6s, ’85, J&J
do
63,1900, A.&O.
do 63, gld, 1900, J.&J
Cen. Ohio 6s, lstm.,’90.M.&8
W. Md. 6s. 1st m., er.,’90,J.&J
do
1st m., 890, J. & J...
do
2d m., guar., J.&J...,
do
2d m., pref
do 2d m.,gr. by W.Co.J&J
do 6s. 3d in., guar., J.& J.
Mar. & Cin. 7s, ’92, F. & A ...
do
2d, M. & N
do
83, 3d, J. * J
RR.
Union
1st, guar., J. & J,.
do
Camon endorsed.
103%
106
100
105
100
...
..
do
pref...
Susquehanna
?%
.
RAILROAD BONDS.
109
92
109
75
103
110
95%
51
22
ios
Baltimore Gas certiilcates...
15
WASHINGTON.
District <>f Columbia.
Perm. Imp.6s, g., J.&J., 891. 102
do
102
7s, i89t
Market Stock bonds, 7s, 1892. 102
107% Water Stock bonds, 7s, 190
102
8.%
do
do
7s, i903.. 102
43
..
....
....
....
80
112
90
52
MISCELLANEOUS.
Allegheny Vai., 7 3-l0s, 1893... 107
Jo
73, E. ext., 1910
do
Inc. 7s, end.,’9). 42
Washington.
Belvidere Dela. 2d m. 6s. ’8s.. 99%
94
Ten-year bonds, 63, ’78
97
do
31 m. 63,’37.. 95
Fund, loan (Coug.) 6s, g., ’92. 102
Camden & Amboy 6s,’83. ...
do
102
(Leg.) 68, g., 902
do
63, coup., ’89
Certifs.of st’ek (1828 > 5s, at pi. 75
Jo
mort. 6s, reg.,’89 1*11
do
90
(1843) 6s, at pi
Cam. & Atl. 1st m. 7s, g., 19)3
Ches.& O. st’k (’47) 6s, at pi... 85
do
21 in., 7s, cur.,’80
Georgetown. •
100
Cam. * Burlington Co. 6s.'97.
General stock, 8s, .88!
do
Catawlssa 1st, 7s, conv., ’o2...
6s, at pleasure 85
cliat. m., 10s, ’88
do
85
do
Bounty stock. 6s
101%
do
new 7s, 1900
85
Market stock, 6s
do
Board of Public Works—
Cayuga L. 1st m.,g..7s. 1901*..
102
102%
Connecting 6s, 1900-1904
Certifs. gen. imp. 8s’77-78. 100
....
i'01%
95% '90%
10<% 101%
People’s Gas
Pennsylvania
Schuylkill Navigation
65
...
63, imp ’80
6s, boat* car, 19;3
78, boat & car. 19 5
Susquehanna 6s, coup.. ’.9.8..
il'if
„
Nesquehouing Valley.
80
62
do
6-», i890, quarterly., 107 114%
109
do
5s, quarterly.
Baltimore 63. SSL quarterly.
do
6s, :8S6, J.&J
112
do
6s, 189.', quarterly... 111%
do
68, park, 1890, Q.—M 111
do
6s, 1893, M.&S
7s, itr. Imp., ree., ’83-36
N. Jersey 6s, exempt, rg.&cp.
Camden County 6s, coup
Camden City 6s, coupon
do
7s, reg. & coup 111
Delaware 6s, coupon..
Harrisburg City 6s, coupon..
RAILROAD STOCKS.
C mden * Atlantic
do
do
pref
8
Catawlssa
Huntingdon* Broad Top...
do
do pref.
Lehigh Valley
Little Schuylkill
05
in. 6s, ’97.
63,190
m.
m.6s, ’95.
do
•••
<10
do
pref
do
new pref
Delaware * Bound Brook....
East Pennsylvania
Elmira & Williamsport
do
do
pref..
Har. P. Mt. Joy & Lancaster.
2d
do
do
do
do
do
104
104
104
104
104
100
104
104
80
95
....
—
106
..
69,235,200 233,470,900 16,551,703 41,432,003 197,853,400 15,990,203
The deviatians from returns of previous week are as follows :
Dec. $2,917,800
Loan?
Dec. $3,376,900 Net Deposits
Inc.
235,800
Specie
:
100,603 Circulation
Dec.
Total.
Legal Tenders
The
following
Loans.
Dec.
573,500
are the totals for a series of
Specie. L. Tenders. Deposits.
weeks pa*t:
Circulation. Agg. Clear.
21. $257/09,700 $20,254,300 $45,896,200 $220,331,4<!0 $15,934,000
28. 255,733,800 20,534,500 48,865,000 222,901.200 15,996,100
5
258.013.900 23.119,100 50.441,700 2:6,957,000 15/95,900
12
256,519.600 23,272,500 51,066,700 2:7.226,000 16,068,700
19. -25\8'*4,700 21,8 7,200 52,437,700 226,615.400 16,06*,960
£6
253.50 ,500 21,348,700 53,570,400 225,432,600 16.06:),600
June 2
250,75 L400 19,814,500 55,899.700 223,481,600 16.143,700
June 9.
251,673 000 19,441,700 55,078.100 223,738,500 16,162,000
June 16. 250,687,500 18,352,100 56.363,600 222,665.800 15 971,00)
June23. 25 ,416,590 16.209,0 :0 58,225,600 22-3,316,100 15,765.600
June30
251,6>5,6C0 17,453,000 60,359,500 226,488,2 0 15,643,200
July 7. 273,323,-00 2',259,300 5*,447,000 231,v;2s,600 15,558,100
July 14
252,452,700 18,837,800 58,809,200 229,088,300 15,668,400
July 21. 255,082,200 14,979,800 57,499,700 222.813,600 15,546,400
July 28. 249.169,600 13,984, 00 57,925,200 221,064,900 15.517.900
Apr.
Apr.
May
May
May
May
.
.
$412,451,079
416,609,642
467,439,395
43>.te\4 9
393,161,605
.
.
.
.
Aug. 4
Aug. 11.
249,767,800
245,377,200
Aug. 18.
243,896,300
Aug.25.
Sept. 1,.
244,899,600
241,778,700
Sept. 8..
243,920,800
Sept. 15.
Sept. 22.
Sept. 29.
2 473,795/--CO
Oct. 6...
238,470,900
.
2473,976,400
241,847,800
14,135,800 54,262,100
15,030,700 53,094,800
13,449,700 52,696,000
14,250,000 50,789,000
16,050.100 48,1730,600
19,961,600 45,73073,900
19,913,000 44,045,900
19,274,700 42,454,400
16,652,7300 41,975,500
16,551,700 41,402,000
219 1*>6,600 15,585,30)
215,431,600 15,689.500
213.414,600 15,545,900
213,(»26,b00 15,5 5^00
£09.450,700 15,383.300
210,574,100 15,56S.40J
208,582,400 15,577,100
206,724.100 15,596,100
200,771.200 15,724,400
384.639.097
3733,535,818
40),145,247
389,281,258
365,825,9:3
327,793,221
7345,922,956
391,344.937
400,708,240
36^,914,804
3(0,467.627
340,062.240
344,757,974
420,915,000
400,793,928
397,270,3*5
379.235,693
405,032,278
..
.
.
197,853,400 15,990,200 428,838,637
QUOTATIONS 1)1 BIISTIISI. PHILADKLPIIIA AND OTHER CITIES.
Bid.
SECURITIES.
Ask.
Vermont & Mass. 1st m., 6s,*83
BOSTON.
Maine 66...
New Hampshire 6s
Vermont 6s
Massachusetts 5s, gold
11U
Boston 6s, currency
do
5s, gold
Chicago sewerage 7s
do
Municipals
Portland 6s
88
Atch. & Topeka 1st m.7s
do
80
land grant 7s
*
2d 7s
do
49%;
land Inc. 12s
lor
do
116
Boston & Albany 7s
do
6s
Boston & Lowell 7s
Boston & Maine 7s
Burl. * Mo., land erant 7s..
do
Neb. 8s, 1591...
105%
do
Neb. 8s, 1883
90
^
.
50%
11%
....
.
Burlington & Mo. In Neb
Cheshire preferred
Cin .Sandusky & Clev
Concord
Connecticut River
Conn. & Passumpsic
Eastern (Mass.)
Eastern (New Hampshire)...
Fitchburg
123%
94%
12l*> 124%
37%
30
2
71
126
52
3%
25
104%
38
xvQtiaud, common
do
preferred
Vermont & Canada
Vermont & Massachusetts.*x
Worcester* Nashua
v
124
00
94%
50J4
11%
VQJfctfxJ. 1st
m., cons. 7s, *85
2d m., 7s, 1891
VermontCanada, new 8a
STOCKS.
Boston* Albany
Boston & Lowell
Boston & Maine
Boston & Providence
Manchester & Lawrence
124
Nashua & Lowell
New York & New England...
Northern of New Hampshire 72
Norwich & Worcester
Ogdensb. & L. Champlain ... 30
do
do
pref. 92
93L
Old Colony
.. x1
..
Eastern, Mass., 3hs, new.
Hartford & Erie 7s, new....
Ogdensburg & Lake Ch.Ss..
Old Colony & Newport 7s, *77
Rnti-r & new 7s
'.
Bid. Ask.
SECURITIES.
■87
2%
4
29
160
Harrisburg 1st mort. 6s, ’83..
H. & B. T. 1st in. 7s, gold, '90
2d m. 78, gold, ’95.
do
do
3d m. cons. 7s, '93*
Ithaca* Athens 1st, gld, 7s.,’90
Junction 1st morr. 6», ’82
do
2d mort. 6a, 19.K)
37
Certifs. sewer, 8s, ’71-77
40
85%
B., 7s, cp..’96 63
Pa.& N.Y.C.& P.RU.7S, 96 906 109%
Pennsylvania, 1st m., cp.,’80.. 100
rittsb. Titusv. &
do
gen. 111. 6s, cp.. 1910.
een. 111 6s, 1 g., 1910.
do
do
cons, m 6 , rg., 1905.
do
cons. m. 6s. cp., 1905.
Perl.iomen 1st 111.6s, coup.,’97
Phila. & Erie 1st 111.6s, cp.,’8i
Phila.* Read. C.& 1. deb. 7s/2
7s. ’92-93.
do
do
Phila Wilm. & Bilt. 6s,’84 ..
Pitts. Cin.* St. Louis 7s, 1900
Shamokiii V.& Pottsv. 7s, 1901
Steubenv. & Ind. 1st, 6s, i 884.
110
112
107
107
87
03%
'92
ioi
98
8%
107%
47
98
■97
Columbus & Xenia
100
107
100
102
95
45
92
71
101
100
95
90
100
83
73
05
88
97
13
90
Little Miami stock
90
92
2Jm.7s,’84.
do
do
3d m. 7s, ’83.
Dayton & West. 1st in., ’81.. .t
1st in., 1905
do
do
1st m. Us, ^905
Ind. Cin. & Laf.’.st m.7s. ...
do
(I.&C.) let m.7s,’8S
Little Miami 63,’83
.
Cin. Ham. &
Dayton stock.
LOUISVILLE.
50
03
57%
Louisville 7s
t 102
do
+ 97
6s,’82 to’87.
do
6s, ’91 to ’94.
t 97
do
water 6s,’87 to ’89 + 97
do
-water stock 6s,’97.t 97
wharf 6s
t 97
do
do
spec’l tax 6s of ’89.t 97
Jeff. M.&I.lst m. (i*M) 7e,’8lt
-70
do
2dm., is
do
1st in.,7s, 1906—t 109
Loulsv.C.& Lex. 1st in. 7s,’97. 118
Louis.* Fr’k.,Louisv.ln,63,’8 100
Loulsv. & Nashville—
Leb Br. 6s,’86
...t 97
1 st m. Leb. Br. Ex.,7s,’S0-:5.t 96
Lou. In.
do
6s, ’33...t 98
94
Consol. 1st m. 7s, ’38
Jefferson Mad. & Ind
33
Louisville* Nashvi.le
Louisville Water 63, Co. 19071 98
.
72
111
70%
101
110%
100%,
08
97
98%
95
33%
98
*
Delaware Division
92%
Co., O., 6s. long., .t
7s, l to 5 yr8..t
7 & 7'3Qs, long.t
Cin.& Cov. Bridge st’k, pref.
Cin.Ham. & D. 1st m. 7s, ’80
do
2dm. 7e,’85..
Cin. Ham. & Ind., 7s, guar....
Cin. & Indiana st m. 7s
do
2d in. 7s, ’i7...
Colum. & Xenia, 1st m. 7s, ’90
Dayton & Mich. 1st m. 7s. ’81.
stock
Dayton & Michigan stock
do
8. p.c. st’k,guar
92
Stony Creek 1st m. 78, 9J7..., 108
Sunbury & Erie 1st m. 7s, ’77..
United N.J. cons. 111. 6s,’94..
Warren* F. 1st 111.7s, ’9i.^...
West Chester cons. 7s, ’9i. ...
West Jersey 6s, deb., coup.,’83
do
1st m. 6s, cp., ’96.
101
do
1st m. 7s,’97
Western Penn. KR. 6s, :893...
do
6s P. B.,’96.
Wilm. * Read, let m.7s, 1900*
do
2d m., 1902*...
Chesar*. & Dela. 63, reg.,
31
+
7s
t 100
t 1U8
7'30s
South. RR. 7’30s.f 103
do
6s, gold
.
100
do
2d 111 7s,ep.,’S8.
Phila. * Reading 6s, ’80,
do
7s, •' oup.,’93 108
do
deben., cp.,’93
do cons. m. 7s, cp.,1911.
do cons. m. 7s, rg.,1911.
do new' con.7s,!t>93 ...
do
do
do
do
Hamilton
do
...
gen. in. 7s, cp., 1C03.
gen. m. 7s, reg., 190)
Oil Creek 1st ui. 7s, coup.,’81.
102
102
45
CINCINNATI.
Cincinnati 6s
ao
Lehigh Valley, 6s, coup.. 1898.
6s, reg.,_189i... 109%
do
do
7s, reg., 1910... 111
98
con. m., 6s,rg.,1923
do
Little Schuylkill, 1st m. 7VI7
Northern Pac. 7 3-lOs, cp.,1900*
North. Penn. 1st m. 6s, cp ,’85.
do
2d in. 7s,cp.. ’96. 112
do
do
100
35
Series
do
ST. IiOUIS.
6s, lo: g
St. Louie
do
do
do
do
CANAL BONDS.
Portland Saco & Portsmouth
46
Dan. H. & Wilks., 1st., 7s,’37*.
Delaware mort., 6s, various.
95
Del. & Bound Br., 1st, 7s. 190:
102
East Penn. 1st mort. 7s, ’88 .
E1.& W’msport, 1st in.. 7s, ’80 102%
do 1st 111., 58, perp.
104
’82..
63, cp.,’78.
Lehigh Navigation 6s, reg.,’84 101
do
RR., rg.,’91
do
deb.,rg., 77
do
conv., rg.’82
uo
ccnv.,g., rg.,’94
do
go:d, ’97.... 89
do cons. m. 7-3, rg ,1911
Morris, boat Joau, reg., i885..
*
In default of interest.
101
90
water 6s,
103%
t 102%
107
gold
t 105%
do new.r 105
do
bridge aopr., g. 6s t 315%i
renewal, gold, 6s.t 105%
ao
sew'C!-, g. 6s, ’9 -2-3.t 105%
St. Louis Co. new park,g.6s.t 107%
cur. 7s
t
do
St.L.& SanF. KB.bds,
do
do
do
do
t And Interest.
ser’sA ■52
do B 29
25
do (J
*
BONDS IN NEW YORK.
Prices represent the per cent value, whatever
QUOTATIONS OF STOCKS AND
Bid. Ask.
BIOUBITIB8.
33
38
38
38
58,1886
do
do
88,1886
88, 1888•
8s,M. AE.RR-.
8s, Ala. & Ch.K.
88 Of 1892
So
do
do
32
88
-
U4%
Chic. Bur. A Q. 8 p. c., 1st m...
consol, m. 7s 110
do
ao
88% 80
do
58 slnk’g f’d. A.&O
Chic.,Rk.Isl. & Pac., lstm. 7s 106%
do
S. F. Inc. 6s, ’95
106%
do
6s, 1917, coupon, ibfi
Of 1893
Lehigh & Wilkes B. con.guar
4
4
4
Connecticut 6s...
107
97
108
105
.
&edoE’la7s,‘new
bonds....
7b,
endorsed ...
7s,gold bonds...
Illinois6i, coupon, 1879...
do
do
1(,4%
101
io:
War loan..,-... •••
do
Kentucky 6s
I^ulslana 6s
do
do
do
do
do
do
do
uu
106
103
53
53
53
53
53
•53
8s,of 1910..
...
&
“lcSie“
im..:::::::
do
7s, 1890...
105
110
101
....
Missouri 6s, due
1877..
25
82
81%
>=0%
consolidated
7s, small
7b,
..
101%
do
18(8
do
105%
Funding, due 1834-5.:. . 106*
Lonz bonds, due 32- 30.
or Un., due 1892.
Han. & St. Jos., due 1886.
B
Asylum
do 1887.
do
42
io*8%
*53
6b, new.........
6s, floating debt
7b, Penitentiary
6b, levee
8s, do'
bs, do 1875 ....
do
do
37%
Am. Dock & Improve, bonds
Ch. Mil. & St. P. >8t m. 88, P.D.
96%
2d m. 7 3-10. do
do
do
96
1st 7s, gd., H.D
do
do
1st 7s £
do
do
do
104%
1st m., La C. D.
do
do
9o
do
do
lstm., I.& M.D. 94
91%
1st
do
do
m., I. & D..
1st m., H. A D. 91%
do
do
1st m., C. & M.. 100
do
do
92
92%
1st m., consol..
do
do
92%
2d m
do
do
107%
Chic. & N. Western sink. fund.
Int. bonds,
do
do
consol, bds 1063
do
do
ext’n bds.. 10;
do
do
108
1st
mort... 107
do
do
do
cp.gld.bds. 93% 94
do
91%
do
reg. do
do
Iowa Midland, 1st mort. 8s...
1*06
Galena & Chicago Extended.
Peninsula 1st mort.,conv... 104%
Chic. & Milwaukee, 1st mort 107%
Winona & St. Peters, 1st m... 84%
do
2d mort. 67%
109
C. C. C. & Ind’s 1st m. 7s, S. F..
do
consol, m. bonds
104%
Del. Lack. & Western, 2d in... 104
do
do
7s, conv.
ii6%116%
Morris A Essex, 1st. m
do
2d mort
do
bonds, 1900—
do
construction,
do
78, of 1871.... 95% 96
do
1st con. guar. 86 I
Del. A Hudson Canal, lstm.,’77 102%!
do
do
1884 98%1 99%
do
do
1891 100%
do
do coup. 7s, 1694
do
reg. 7,1894
do
110
Albany & Susq. 1st bonds... 92
do
2d
do
4%
4%
7b’, Ark. Cent
do
Tol. AWabash, Istm.St.L. dlv.
do
ex-matured coup.
do
2d mort
do Ex A Nov.,’77, coup,
106%
do
6s, 1917, regist’d 106
110
Central of N. J., 1st m., new... 109%
65
66%
do
do
1st consol
62
63%
con.conv
do
do
20
20
18
....
Hew York State68, Canal Loan, 1878
877....
68,
do
1887
6e, gold, reg
1887
6s, do coup
6s, do loan...1883
68, do do . 1891
do .1892
68, do
v„,
68,
do do .1893....
Porth Carolina—
120
Bid.
8BGTTBITIBS.
Ask.
Bid.
8XOUBITIRB.
112~
State Bond*.
Alaiwna 5s,
■
Stocks are quoted on a previous page.
fiends and active Railroad
Q g
35B
THE CHRONICLE
13, 1877.1
OCTOBER
SBOTTBITIBS.
~8S ~
N. J. Midland 1st 7s, gold
do
2d 7s
New Jersey A N. Y. 7s, gold...
N. Y. A Osw. Mid. 1st
do
2d 7s, conv.
do receiv’s ctfs.(labor)
do
do
(other)
North. Pac. 1st m. gld. 7 3- L0
Omaha A Southwestern RR. 3s
65
fequlp’t bonds,
con. convert...
Great Western, 1st m., 1888..
*54%
55
*9*2
do
ex coupon ..
do
2d mort., ’93.
do Ex A Nov.,’77,coud.
92%
77
67
75%
65
Quincy A Toledo.lstm.,’90..
do ex mat. A Nov.,’?7,con.
Illinois A So. Iowa, 1st mort
>
25*
32
25
23
98
20
20
95
91
95
16
75
60
25
20
76
10*
*20
64
95
85
*95
’65
25
62
50
92
100
73
35
\
15**
7s, 1st
do
4*
2
06% 106% Sioux City A Pacific 6s
Southern Minn. 1st mort. 8s...
106%
Western Union Tel., 1900, coup
do
do
reg....
Boston A N. Y. Air Line, 1st m
Cin. Lafayette A Chic., 1st in..
Ho
~27
Oswego A Rome 7s, guar ....
Peoria Pekin A J. 1st mort....
Peoria A Rock I. 7s, gold
Port Huron A L. M. 7s, g. end.
Pullman Palace Car Co. stock.
do
bds., 88, 4th series
Rockf. R. I. A St. L. 1st 7s, gld
95
do
ex coupon
Han. A Cent. Missouri, lstm
Pekin Linc’ln A Dec’t’r.lst m
Bid. As t.
Ask.
75
do
do
the par may ht.
Sandusky Mans. A Newark 7s.
St. LouIb Vandalia A T. H. 1st.
Long Island RR., 1st mort. ...
do
2d, guar
St. L. A San F., 2d m., class A.
St.L. A So’eastern 1st 7s, gold.
do
do
class B.
L.
A
St.
I.
Mt.
(Ark.
Br.)
?s, g.
do
class C.
do
South. Cent, of N. Y. Ts, guar.
South Pacific Railroad,1st m
5«%
Union A Logansport 7s
South Side, L. I., 1st m. bonds,
Union Pacific, So. branch, 6s,g 60
do
sink. fund...
Walkill Valley 1st 7s, gold
31
West Wisconsin 7s, gold
Miscellaneous List.
30
Wisconsin Cent., 1st, 78
101
(Brokers' Quotations.)
Mercant. Trust real est.mort.7s
CITIES.
Southern Securities.
112
Albany, N. Y., 6s, long
(Brokers' Quotations.)
Buffalo Water, long.
t 110 114
STATES.
Chicago 6s, long dates...
+ 102
39
new consols, Class A
do
7s, sewerage
t 108 *1*09% Alabama
do
do
Clas3B 67%
do
7s, water
t 108%
do
do
Class C 37
109*
do
7s, river lmprovem’t t 108
98
Georgia 6s, 1878-’86
Cleveland 7s, long
+ 108
58
Detroit Water Works 7s
t 109% ii‘i'% South Carolina new consol. 6s. 99
Texas
6s,
M.&S.
1892
96
Elizabeth City, 1880-95
t 93
110
do
96
7s, gold, 1892-1910. J.&J.
do
1885-93
t 93
do
7s, gold, 1904
J.&J. 111%
107%
106
Hartford 6s, various
do
6s, gold, 1907
J.AJ.
t 105
Indianapolis 7-30s
do 108, pension, 1894.. J.&J. 16*3%
...t 97 i’ob
Long Island City.
Newark City 78 long.
....t 110 113
CITIES.
115
105
111
114
Water 7s, long...t 113
do
Oswego 7s
t
Poughkeepsie Water..
t
Rochester C. Water bds.,
Toledo 8s. 1377-’89
Toledo 7-30s
Yonkers Water. dne,l9?S
1903t
+
103
109
112
109
102
108
60%
34
35
105
40
70
41
100
:«3
100
111%
113
i04%
85
95
91
86
65
79
Atlanta, Ga., 7s
8s
do
do
*70
waterworks
110% Augusta, Ga., 7s, bonds
Charleston stock 6s
Charleston. S. C., 7s,
88
97
93
H»
67
83
F. L. bds.
Columbia, S. C., 6s
70*
RAILROADS.
do*
Columbus,
Ga.,7s,
bonds
29
35
04
Atchison A P. Peak, 0s, gold..
rfn
1st rons.
17%
Lynchburg
6s
80
75
Atchison A Nebraska, Sp.c...
Rena. & Saratoga. 1st coup.. 1*1*5*
109% Macon bonds, 7s
30
82%
Bur. A Mo. Rlv., land m. 7s...t i*09
1st re gisi’d. 115%
do
Memphis
bonds
C
no
112
32
do
30
3d S., do 8s...t
do
bonds A & B
Erie, 1st mort., extended
110
112
do coup, off, J. & J..
do
30
4th S., do 8s...t
do
do
do
endorsed
end., M. & C. RR ...
48
112
20
do
do off, A. & O.
103
do
5thS.,do8s...t 1L0
do
2d mort., 7s, 1879
Mobile 5s (coups, on)
8
no
112
20
do
6th
S.,
do
t
8s...
103%
3d
do
do
8s (coups, on).
do
7s, 1883
8
23
42
30
100% Bur. C. R. A N. (Mil.) g. 7s....
4th do
7s, 1830
do
do
6s, funded
7
50
61% 63*
30
New bonds, J. & J
16*4 105
Cairo & Fulton, 1st 7s, gold..,
5th do
7s, 1888
do
7
Montgomery 8s
87
90
80
do
A. & O.....
70
California Pac. RR., 7s, gold
Nashville 6s, old
do
7s, cons., mort., g’d bds..
1%
72
109
do
70
iio
6s, 2dm. g 66
Special
tax, Class 1
*
do
do Long Do
2%
Dock bonds
6s, new....
1%
63
61
do
Class 2
101
33
Canada
1st
Southern,
m
New
Orleans
Buff.
N.
Y.
&
E,
1st.
m.,
1877.
prem.
5s
60
do
Class 3
with int. certlfs
101
do
38
consol. 6s.
do
do
do
large bds.
1*04
93
Ohio 68,1881
107% Central Pacific, 7s, gold, conv
do
railroad, 6s
do
do
new bds, 1916 107
30
27
do 6s, 1886
Central
86
of Iowa lstm. 7s.gold
do
wharf imp’ts, 7-30 49*
Han. & St. Jo., 8s, conv. mort.
100
Rhode Island 6s
91
Keokuk A St. Paul 8s
1 ►» 1 101% 101% Norfolk 68..
Illinois Central—
97
Bouth Carolina95
a
T 101*
Carthage A Bur. 8s
Petersburg
6s.
&
City,1st
m.
Dubuque
Sioux
101
68
ib*2*% Richmond 6s
Dixon Peoria A Han. 8s. c?St
do
do
2d dlv.
no
in
3
To
+
Jan. & July
40
O. O. A Fox R. Valley 8s •8
Savennah 7s, old.
Cedar F. & Minn., 1st mort.. 83
52
109% 110%
April & Oct
40
uincy A Warsaw 8s
dlo
*78 new
Indianap. Bl. & W., 1st mort...
80
108% 110
Funding act, 1866
00
Grand
Trunk....
££
do
2d
mort...
do
N.C.,
goVd
Wilm’ton,
6s’,
j
coup
18
20
90
Land C., 18s9, J. & J....
Chic. Dub. A Minn. 8a
pqr
80
do
88, gold) on.
Lake Shore—
LandC., 1889, A. & O...
100% 101%
Peoria A Hannibal R.
0+3
102%
Mich. So. 7 p. c. 2d mort
60
7b of 1888
Chicago A Iowa R. 8s8a
2
RAILROADS.
Mich S. A N.Ind., S.F., 7 p.c.
Non-fnndable bonds
idi% 102 Ala. A Chatt.
8
American Central 8s..., j O
7
Cleve. A Tol. sinking fund..
1st m. 8s, end—
94
Tennessee 6s, old
45
Chic.
A
S’thwestern
guar
7s,
.20
do
new bonds.... i03%
Ala.
A
Rec’ver’s
Cert’s.
Chatt.
6
do
6s, new
9*%
75
72
Chesapeake A 0.2d m., gold 7s
Cleve. P’ville A Ash., old bds 102
Atlantic A Gulf, consol
20
18
do
6s, new series.
40
Chicago Clinton A Dub. 8s
do
new bds 103
do
end. Savan’h.
do
30
20
Virginia—
Chic. A Can. South 1st m. g. 7s.
Buffalo A Erie, new bonds... 105
do
stock
6
4
6s, old
104
Ch.
D.
A
V., I. div., lstm. g.7s.
Buffalo A State Line 7s:
do
do
guar...
50
40
6s, new bonds, lc66
Chic. Danv. A Vincen’8 7s, gld
29
Kalamazoo A W. Pigeon, 1st
Carolina Central 1st m. 6s, g...
103
101
If 2
Is,
do
1867
30
Col.
A
Hock
V.
1st
7s,
years,
90
Det. Mon. A ToL.lst 7s, 1906.
Central
Georgia
consol,
m.
7s.
101
100
48
••.consol, bonds
do
1st 78,10 years,
45
Lake Shore Dlv. bonds
do
stock
91
88
6s, ex matured coup. ..
do
78
2d 7s, 20 years..
do
Cons. coup.. 1st.
Charlotte Col. A A. 1st M.7s.. 70
55
51
6s,consol., 2d series....
Connecticut
Valley 7s
Cons, reg., 1st.,
do
do
do
stoek
31
27
68, deferred bonds
103
Connecticut
Western
1st7s....
100
Cons, coup.,2d..
do
Cheraw A Darlington 8s
District of Columbia 3.65s.
82
Chic A Mich. L. Sh. 1st 8s. ’89. *+... 65
75
Cons, reg., 2d
do
East Tenn. A Georgia 6s..
25
do
small.,
85
Dan. Urb. Bl. A P. 1st m. 7s, g.
21
75
Marietta A Cln. 1st mort
Tenn
East
Tenn.
A
Va.
6s
end.
do
registered
92
105% Dea Moines A Ft. Dodge 1st Ts
MIcb. Cent., consol. 7s, 1902... 105
E. Tenn. Va. A Ga. 1st m. 7s...
Railroad Stock*.
45
Det. Hillsdale A In. RR. 8s.......,
111
do
lstm. 8s. 882, s.f.
do
do
stock
70
1C8
Detroit A Bay City 8s, end...*t 65
(Acttoeprevi'usly quot'd.)
1C5
equipment bonds.
do
Georgia RR. 7s....
73
Det. Lans. A Lake M. 1st m. 8s1
Albany A Susquehanna... 69
71
New
Jersey
7s
do
stock
Southern
lstm.
12
8
Central Pacific...
99
Dutchess A Columbia 7s.
do
do
consol. 7s
Greenville
mort.
A
Col.
7s,
1st
50
83
81
45
42
Chicago A Alton
108
*40
108% Denver Pac., 1st m.7s, ld.gr.,g. 40
do
7s. guar....
N. Y. Central 6s, 1883
45
105
do
A
Grande
7s,
Denver
Rio
gold.
pref
do
6s, 1887
Macon A Augusta bonds......
103
47%
Cleve.Col. Cin. & I.
Evansville A Crawfordsv., 7s.. 100
*90
104*
da
6s, real estate.,
2d endorsed, 85
do
82
100
'82%
Cleve. & Pittsburg, guar.
104
Erie
A
let
7s
Pittsburgh
do
6s,
subscription,
do
stock....
86
5
80
Col. Chic. & I Cent
do
con. m., 7s..
88
117%
JH
do A Hudson, 1st in., coup 117
80
52
Memphis A Charleston 1st 7s.. *86%
do
71
*
7s, equip...
Dubuque A Sioux City.
do
do
lstm., reg.. 117
do
2d 7s... 69
37
82
Erie pref
8
Evansville
Hen.
A
7s...
1*1*3*
Nashv.
0
Hudson R. 7s, 2d m., s.f., 1885
do
stock..
35
Indianap. Cln. & Laf
Evansville, T. H. A Chic. 7s. g.i *50
ii*7* 118
27
Harlem,
7s,
coup...
1st
mort.
Memphis
A
Little
Rock
1st
m.
*82
Joliet & Chicago
FlintAPere M. 8s,Land grant.;*78
98
do
7s. reg....
do
49
Mississippi Central 1st m 7s... 95
81
Long Island
Fort W., Jackson A Sag. 8s, *89
78
ib*o*%
do
2d m. os
North Missouri, 1st mort
98
90
Missouri Kansas & Texas.
ICO
Grand R.A Ind. Ist 7s, l.g., gu.
95
1st 8s. 98
Ohio A Miss., consol, sink. fd. 94%
82
65
New Jersey Southern
do
35
ist'.s,
1.
g.,notgu.
94
end 28
do
consolidated....
50
155
N.Y.New Haven A Hart. 153
do
Istexl. g. 7s. 40
43
41
53% 55
do
2d
do
Ohio & Mis8iss:ppi, pref
43
Grand River Valley 8b, 1st m.. 50
do
do
do ex cert. 6s 41
1st Spring, dlv..
85
94
Pitts. Ft.W.&Ch., guar..
30
Hous. A Texas C. 1st 7s, gold..
20
do
Pacific Railroads—
8s, Interest
62
do
do
do
consol. bds..
10
special.
5
do
2d mort. 8s
Central Pacific gold bonds.. 105%
71
100
68
Rensselaer & Saratoga.
85% Indianap. A Vincen. 1st 7s, gr..
do San Joaquin branch 84%
102%
N.
Orleans
A
Jacks.
1st
m.8s.
88
Rome & Watertown
Iowa Falls A Sioux C. 1st 7s... t80
88
86
90
do Cal. A Oregon 1st
Certificate, 2d mortg. 8s....
70
8t.Louis Alton & T. H
84
Indianapolis A St. Louis 1st 7s
81
do St'ite Aid bonds
Nashville Chat. A St. L. 7s..:
68
*65
do
do
94
Houston A Gt. North. 1st 7s, g.
pref.
93
do Land Grant bonds..
Norfolk A Petersburg 1st m.8s 90
68
Belleville* So. Ill.,pref.
65
International <.Texas) l6tg...
101
102
Western Pacific bonds.
do 7s 80
do
25
St.L.I.M & Southern...
7*5*
Lit.
H.
A
G.
N.
conv.
8s
2d m. 8s 71
do
Union Pacific, 1st mort. b’ds 104% 104%
93*
8t.L. K. C. A North’n,pref1
.Jackson Lans. A Sag. 8s,1st m t90
do
Land grants, 7s. 102% 103
Northeastern, S. C., 1st m. 8s.. 100
43
Terre Haute & inrt’polis
85
Kansas Pac. 7s, g.,ext. MAN,’99
do
2d m. 8s.. 80
do
Sinking fund... 94% 95
Toledo Peoria & Warsaw.
do 78, g., I’d gr., J A J ,’80 49
95
85
Pacific R. of Mo., 1st mort... 97%
Orange
A
Alexandria,
lsts,
6s.
18
United N. J. R. & c
125
do
76
7s, g., do MAS,’86
*91
90
70
do
2d mort
do
2ds,6s..
66
Warren
r.
do 68, gold, J.AD., 1896 *64
55
45
do
Income, 78.
do*
3ds,8s..
83
nUscel’ous Stock*.
do 6s, do F.A A., 1895. 81
40
1st Caron’t B
do
do
4ths,8s..
25
32%
Am. District Telegraph...
do 7s, Leaven, br., ’96..
Penn. RR—
Richm’d A Petersb’gTst m. 7s. 104
8
Canton Co., Baltimore.... 20% 25
5%
do Incomes, No. li
80
118%
Pitts. Ft. W. A Chic., lstm..
6% Rich. Fre’ksb’g A Poto. 6s
Cent.N. J.Land & Iin. Co. 10
5%
do
No. 16
do
120
17
15
15
(57
67
48
do
3d
do
•
•
•
.
...
W
•
‘S*
Illinois
-
..
.
j
..
•
••t
.
8F
*
•
•
•
•
..
....
_
‘8“
.
.
...
...
.
.
American Coal
Consolidate Coal of Md
Mariposa L.&M. Co
do
Cumberland
do
do
35
Cleve. A Pitts.,
140
Spring Mountain Coal...
Bond*.
60
(Stock Exchan.de Brices )
Boston H. & Erie, 1st m..
^
do
guar.
Bur.C.R*North., 1st
13%
..
5?..
Chesa & Chic tie, 1st m.
ex coup
Chicago & Alton 1st mort.
59%
6J
23
.
income.
Chlcago, 1st m.
T/OI
„
,*»l8t
a?T
guar..
Pt.L.Jack.A
Chic.,1st in.
t
2d m.. 112
3d in.. 9=%
consol., s.f..
uo
4lh mort
Col. Chic. A Ind. C., 1st mort
2d mort
do
do
do
pref.
Coal & Iron.
Maryland Coal....
Pennsylvania Coal ..."
do
do
90
10 i
110
104
W*
Rome Watert’n A Og., con. 1st 40
St. L. A Iron Mountain, 1st m. 97
do
2d in.. 40
do
St. L. Alton & T. H.—
111
Alton A T. H., 1st mort .. .
do
2d mort.,pref.. 84
do
2d mort. inc’me 70
Belleville A S. Ul.R. 1st m. 8s
Tol. Peoria A Warsaw, E. D
do
WT. D
do
do
do Bur. Dlv.
'
do
do 2d mort
do consol. 7s
do
I’ol. A WabashiTstm. extend..
do
ex coupon
106
39
Stock
do
Kalamazoo A South H. 8s, gr.f
Kal. Allegan. & G. R. 8s, gr...
Kansas City A Cameron ius.*t
Keokuk A Des Moines 1st
do
do
54
Lake Sup. A Miss,
Leav. Law. A Gal.
112
?3*
7s.
..
funded int. 8s
pref. stock...
bi*
3
•
02
93
73
80
let Is, gold. *1*4*
1st m., 10s.. 25
Logans. Craw. A S. W. 8s, gld.
Michigan Air Line 8s
*•’
Monticello & P. Jervis 7s, gld
Montclair A G. L.lst Ts
2d m. 7s
do
Mo. K.& Tex. 1st 7s, g., t9O4-’06
do
2d m income.
N. Haven Middlet’n A W. 7s
Price Nominal,
t And accrued int3
*85
consol. 6s...
Southwest RR., Ga ^onv.Ts/Sfi
S. Carolina RR. 1st m. 6s
97
do
7s, 1902
75
do
7s, non mort./
85
do.
stock
Savannah A Char. 1st M. 7s...
Charleston & Savan’h 6s, end
25%
West Alabama 2d m.bs, guar.,
6
Rich. A Danv. 1st
do
90
65*
10
53
20
2
do mort. 7s
do
4
24
4
PAST DUE
lstm. 8s
COUPONS.
Tennessee State coupons....,
South Carolina consol
Virginia coupons
ao
consol, coup
Memphis City Coupons......
*
•
etf.
Price nominal.
95
73
90
80
20
20
97
97
35
60
30
81
30
75
100
90
43
32
*25
25
99
100
45
75
£*3*
35
354
THE GHRONiCLE
fVoL.. XXV.
NEW YORK LOCAL SECURITIES.
Bank Stock List.
Companies.
® OQ
Capital.
Marked thus (*)
are not National.
Jr
1—
0e
a.
Amount
100
LOO
American Exch
100
Bowery
Brewers’ & Gro’a’* 100
25
Broadway
10
Bull’s Head*
Butchers & Drcv.. 25
Central
100
25
Chatham
100
Chemical
25
Citizens’
100
City
...
100
Commerce
100
Commercial*
America*
.
P V
P"X
250 000
150,00)
1,000,000
200,000
500,000
2,000,000
c3
Period 1875.
CO 05
.
1,250,000
100
East River
25
Eleventh Ward*.. 25
100
Fifth
Fifth Avenue*
100
100
First
Fourth
100
30
Fulton
Gallatin
50
Ger. American*.. 100
224 800 J. & J.
3,900
1,238,000 J & J.
33,800 M. & S.
112,'00 J. & J.
421,70)0 J. & J.
214,70t J.& J.
1,000,000
350,000
200,000
3 50,000
100,1 (X
1,»VX)(100
Dry Good8*...s
0
1
Ger. Exchange*...
.
10,* 00 J. & J.
63.COO) Q-J.
128,000
12
12
July 2 *77.. 6
24
10
10
8
10
63
July 2 ’77.. 8
920,600 J. & ,J.
4:0, 00 M.&N.
638,900 A.& O.
.
•
Sept.l ’75. .5
July 2, ’77... 4
July 2, •77...4
July 2, ’77...4
July 2 ’77 .15
July ‘77...3
Mavl. ’77...5
Julv 16’77. .8
f
102
122
•
•
•
.
.
Metropolitan
ao
do
certificates
bonJs
var
1000
100
10)00’
Mutual, N. Y
do
bonds
Nassau, Brooklyn
do
25
scrip
New York
var
People’s (Brooklyn)
do
do
bonds
do
do
certificates...
Central of New York
Williamsburg
UK)
10
10(0
var
50
50
ii
10
MuDi'ipal
*
.
5
8
10
3
9
S
8
8
.
•
•
.
,
.
.
•
*
.
•
•
.
•
•
.
.
.
.
•
•
•
•
.
•
•
•
.
•
.
66”
...
i50“
•
....
«
r, ’75. .4
6# May 10, *77 ..8
10
July 2, ’77.3 #
4
Jan. 1, 77... 4
•
S7
.
.
r
Mech.&Trad’rs’....
Mechauics’(Bklyn)
82#
,
8
6
12
11
8
....
.
.
f(ft
MavlO. ’77 3* 118
’77
’77
3# April, 77.
3# Aug.l, ’77.
5
July 1,
5
July, ’77
5
Feb.',
3# Feb..
77.
17.
3U
.
Quar.
2# Apr.. ’77.
1 000,000 F.& A. 3#tr Aug.. :2.
Var
1,000.000
3
•Jan., 77.
700.0*00 M.&N. 3# May 1, 17.
4,000,000 M.&N. 5
May 1,
1,000,000 J. & J. 3# •Jan., ’ 76
325,000 F.&A. 3#
309,000 J.'& J.
Jan., ’77.
466,000 F.& A. 3*-: Aug.l, ’77.
2# Juiy, 77.
3# -Jan., ’17.
2# May 20, ’77
95
123
95
75
67#
115 '
99
67#
...
.
.
Resolute
Ridgewood
St.Nicholas
Standard
Star
Aska
76
1(0
100
171
<00
131
103
103
91
1(3
90
If 0
’.30
45
93
65
95
121
102
72
85
Sterling
Stuyvesant
3
12
9)
x73
109
Williamsburg City.
10* 451
106,863
411,936
28,806
306,910
279,251
+339,009
192,160
172,151
12,207
13,376
+735,290
510,165
111,00:
6,078
133,145
155,156
103,464
16,653
96,000
1.846
none
651,837
690,800
•
.
....
.
.
•
.
«...
•
10
10
10
5
4
10
.
•
7#
5
7
10
10
20
10
73,175
io
+157,018
15
7
10
10
20
10
5
7
20
20
315.907
182,034
65,715
194,0)2
125,411
229,503
128,169
341,235
200.544
T
f
20
18
•
10
July, ’77..5
Jan., ’77. .4
Aug.
10
20
10
10
10
10
12
12
13
10
20
20
20
10
10
16
10
10
14
30
10
10
20
10
10
15
7
10
20
20
10
10
10
15
10
10
10
20
10
10
17
20
•20
10
20
20
20
20
12
20
20
190
‘*50
,’77.10
20J
Aug*??.7*14
135
ii5
July,’77.7#
125
,
X Continental, 11*45;
225
iis
July,’77..6 no
July, ’77..5
July, ’77..6 iiu
.
120
75
113
110
70
115
180
......
10
10
30
20
40
Aug., ’76.. 5
July, *77.,5
July, ’77 15
iio
July! *77.. 10
10
20
10
10
10
July,’77.10
125
275
Jan., ’77.,5
July, ’77..5
80
803
50
96
155
125
95'
July,*77.. 10
July, ’77. 5
•July, ’77.,5
July, ’77..5
July,’77..5
July,’77...6
July,’77..6
July, ’77. .5
10
12
12
10
10
20
10
20
lO
10
20
'.0
11
14
30
20
10
20
20
25
16
20
20
120
87
107
90
116
110
105
85
92
140
ISO
105
155
Sept.,V?.,5
July. ’77.It- 170
July. ’77..5 100
Ju'y, *77. If 140
July, ’77..5 110
July, ’77..5 95
Ju'y, ’77.10 150
July, ’77..5 85
July, ’77..6 ISO
July, ’77.10 130
July, ’77.10 no
July, ’77.10 160
July,’77. .5 95
July, ’77.10 150
June/’77.. 8 135
July, ’77.10
July, ’77..6 i:o
July,’77.10 ISO
Aug .’77..7
135
July. ’77. .5
July ’77 fi
iio
iw
95
140
140
192X
'95*'
no
none
22.630
500*,S91 10
132,714 12
410.076 20
25
25
10
50
150,000
250,000
300,000
250,000
139.085
18
219,330 20
122,215
889 316
14
10
13,291
83,587 5
+ 70.106
9#
8,270
93,981
219,433 20
150,550 5
59.560 10
183,259 6
151,936 5
77.457 10
13
10
155,263
192,769
251,537 114
201.454 10
406,550 10
10
10
10
12
30
20
20
18
10
12
30
20
20
20
10
*
15
*
5
-
io
11
10
10
20
10
11
15
10
10
16
10
14
10
12
10
10
10
11
20
10
10
12
30
20
20
20
20
Oct.,
*77“5
July,’77.1C 2)5
July. ’77.10 125
July,’77.10 180
July, 77..9
July, *77.19 iso
8# Jan.,’77 3#
10
*
July, ’77. 5
to
July, ’77..5
10
July, 76 .5
13
July, ’77..5
...tM
T.
r
20
.
f
...
25
Aug., 77.10
12# 15# July, ’77..8
10
10
Allg., ’77. .5
11 6 X
July,’77,6*23
12# 15
July,’77.7#
10
10
Aug.,’77..5
20
20
July, ’77. S
20
25
July, ’77. S
16
16
July,’77 .8
10
10
Aug. ,’77.5
20
July,’77.10
217
210
190
140
.7
.3
’77. 5
July, ’77
-Jan., ’77
....
•
50
1(5
July.’77.1C
July,'77.. 10
Aug
75
100
150
”ii‘
July. '77..8
July, ’77..5
Jan., ’77..5
July, ’77.10
July, 77.6-3)
Oct., ’77.10
X
.
ICO
July, ’77. .5
June,‘77.10
Feb.,’77..5
30
14
10
20
15
15
:0
12
.
7
July! T7.!8 135*
10
0
20
10
20
20
20
20
20
10
10
25
•
10
10
18
55
10
10
1,00)2,784
40,293
188,366
109,415
110,317
185,468
•
•
70
July, ’77
15
IP
8
.
Bid.
165
120
120
195
150
50
SO
115
113
240
195
i57#
67
95
85
60
105
130
100
117
‘W
100
160
157
160
iio
IMJ
lfO
1*5
195
•Over all liabilities, including re-insurance, capital and scrip,
t The
represented by scrip is deducted, and the figures stand as actual net
'200“
surpluB.
sut'plus.
Standard^ 11'55.
City Securities.
I Quotations
by Daniel A. Moran, Broker, 40 Wall Street.]
Pk LVj£
Inter kmt'.
Bondsdue.
Rate.
New
Months
Bid.
Payable.
Asfcd
York:
Water stock
18-41-63.
do
1854-57.
Croton water stock. .1845-51.
do
..1852-60.
do
Croton Aqued’ct stock. 1865.
pipes and mains...
do
1o
5
6
..1853-65.
6
5
6
Dock bonds
1870.
7
do
1:75.
Central Paik bonds. .1853-57.
no
1860.
1865-68.
do
(.0
....1869.
do
do
New Consolidated
Westchester County
var.
var.
var.
Feb., May Aug.& Nov.
do
do
do
do
5
6
6
i
reservoir bonds
6
6
7
6
7
do
do
Feb.,May, Aug.& Nov.
May & November.
do
do
do
do
do
7
Water loan
City bonus
6
Kings Co. bonds
7
Bridge bonds
do
do
Park bonds
6
6
6
Hridg1
•Alt Brooklyn bonds fiat.
Uo
do
do
1877-80
1877-79
1890
1883-90
1884-1911
1884-190)0
1907-11
1877-98
1877-95
-1901
1905
1878
1894-97
1889
1879-90
1901
1888
1879-82
1996
1894
102
1012
iio
106
104
105
106
118
107
100
110#
100
118
106
107
119
107
102
119
105
117
112
105
108
m
107
103
103
0
lu
101#
118
104
105
110
102#
104#
K9
106
wailst.l
i*kkkb..»r.. Broker. <s#
♦
7
7
7
7
7
6
..
do
do
do
do
January & July.
7
do
Park bonds
Water loan bonds
do
do
May & November.
Sg.
Brooklyn—Local impr’em’t—
City bonds
do
do
do
do
May & November.
Feb., May Aug.& Nov.
6 g.
6
[Quotations ny N. r.
92#
75
•
10
25
■
105,636
293,653
200,000
200,000
200,000
Consolidated bonds
Street imp. stock'
1CJ
«_•
•
2)4,836
65,593
159,503
132,772
11875
10
14
15
14
10
10
10
+# 8
5* 10 10
10
10
10
20
30
20
5
5
20
20
20
30
30
20
20
10# 17
20
U# 20
n
20
10
10
10
5
10
10
13
5
20
8# 10 9’8l
30
20
30
10
14
10
10
10
:o
15
10
10
10
12#
13
19
5
10
10
10
10
12
Pi
1876 Last Paid.
10
10
M
135,012 12# 15
50
317,639 23
11,484
10
57,663
20
142,297 20
10
51)9,394 10
61,099
+ 117,568
25
160
75
96
1373 1874
•
160.326
350,000
200,000
200,000
150,000
150,000
1,000,000
200,COO
200,000
300,000
200,00*0
200,000
200,000
200,000
20)0,(XX*
200,000
Impi Dvement stock.... 1869
62#
77,195
5,245
500,000
190
40
i75
50
25
25
100
20
50
50
100
50
100
100
100
25
100
25
50
100
100
Market stock
90
105
135
100
97
100
100'
Floating debt stock
104
80
too
155
100
115
105
50
9)
12
tox70
100
98
95
35
100
100
Tradesmen’s
United States
Westchester
do
,
.
..
Republic
175
72
93
95
160
193
127
100
100
90
10*0
76
75
..
...
..
I
50fl( 6
7269/328
200,000
200,010
150,000
280,000
150,000
200,00)0
150,000
200,000
300,000
200,000
250,000
200,000
150,000
200,000
200,000
200,000
200,000
200,000
210,000
200,000
200,000
200,000
37#
N. Y. Equitable....
New York Fire
N. Y. & Boston
New York City....
Niagara
North River
Pacific
Park
Peter Cooper.
Rutgers’
Safeguard
Bid.
Jan..
(B’klyn)...
National
Phenix (B’klvn)
Produce Exchange
Relief
*
July 2
Nassau
People’s
July 2, '77.. 3
July 2. ’77...4
May l, '77...4 187
July 2. ’77..4
5
Mercantile
Merchants’.
Montauk (B’klvn).
....
Jari.2 ’74.2#fg
4
Long Island(Bkly.)
Lorillard
Manuf & Builders*.
.
July.IS ’74.3#
Aug.6, 77...3
Aug.13 '772#
JatT. 2, ’<7...8
July 2. ’77...5
July 2, '77... 5
Ju y 2, ’77...3
Var.
Var.
Lafayette (B’klyn)
Lamar.. [
t
’74.3#
Date.
30
20
40
50
100
25
50
25
100
100
25
50
50
50
50
50
•
*
Iiate
1(X*
•
....
S
Irving....
Jefferson
f
170
’77...5
Aug 1. *77.. .3
July 2, ’77...8 105*
July 2, ’77... 5
July 2, '77... 3 101X
9
200,000
Lenox
12
10)
10
7
8
10
unn nm
400.000
50
100
200,000
100
Amity
20*0,000
20
206.000
Atlantic
50
200,000
Bowery
25
300,000
Brewers’ & M’lst’rs 190
200,0)00
25
Broadway
200,000
17
Brooklyn
153,000
Citizens’
20
300,000
70
City
210,000
Clinton
100
250,000
Columbia
30
300,000
Commerce Fire....
100
200,000
Commercial
50
200,000
Continental
100 1,000,000
40
300,000
Eagle
100
Empire City
200,000
100
200,000
Emporium
31*
Exchange
200,010
50
Farragut
200,000
17
Firemen’s
204,000
Firemen’s Fund....
10
150,000
Firemen’s Trust...
10
150,000
Franklin
20C .0(1)
100
Gebhard
100
200,000
German-American 100 1,000,000
Germania
50
500,000
Globe
50
200,000
Greenwich
25
200,000
100
Guaranty
—
200,00X1
Guardian
100
200,00)0
Hamilton
15
150,000
Hanover
50
500,000
Hoffman
50
200,000
Home
100 3,000,000
25
150,000
Hope
Howard
50
500,000
200,000
importers’* Trad.. 50
#
-
a
rlatJo^Etna
American
American Exch’e..
Kings Co. (B’klyn)
Knickerbocker
*
.
^
’77 ..3
64
132
t
.
135
•
•
’77..4
'7?.. 3
92
4
....
.
•
ICO
....
Oct.
•
•
.,
93
•
....
136
9J
•
205
....
....
’77..3
,
•
....
262#
2. '77 3> 117
2, '77..; 3
3# Jan. 3, ’76.3#
10
Julv 2, 77...5 131
3# Aug. 1
6
Jan. 2,
7
July 5’,
J u ly 1,
12
July Z,
•
....
1, ’77.2#
1, *77 ..4
l’
.
,,
....
2ii“
July 2, ’77.3# 104“
July 2. ’77.. A 131
May
May
May
J uly
July
•
Ig
...
Julvl.’75..3#
Jan. 3, ’76... 5
[Quotations by H. L. Grant. Broker. 145 Broadway.]
BleecK.tr St.Jc EuUoujterry—iiik.
iuu
*
900,It 0
1st mortgage
1000
694,000 J. & J. 7
July, I960
100
Broadway A Seventh Ave—stk..
2,100,000 J. & J. 3# Jan
’77
1st mortgage
1000
1,500,000 J.&D. 7
June.1384
Brooklyn City—stock
10
2,000,000 Q-F. 3# May, ’77
1st mortgage
1000
30)0,000 M.&N. 4
Nov., ’c0
100
Broadway (Brooklyn)— stock...
3
200,000 Q-J.
Apl ’7»
100
Brooklyn A Hunter's Pt—stock.
&
O.
3
400,0)00 A.
Oct
’76
1st mortgage bonds
10*00
7
30)0,000 J. & J
1888
Bushwick Av. (B'klyn)—stock
100
500,* 09
ventral Pk, .V. A E. River—stk.
100
1.8C0.0U0 J, & J. 2# Jan., ’77
Consolidated mortgage bones
1000
1,200.000 J.&D. 7
Dec. ,1902
‘1
Dry Dock, E. B. A Battery— stk.
100
1,200,000
Feb., ’77
Q-F.
1st mortgage, cons’d
5(0 AC
900.00)0 J.&D
7
Jui.e, ’93
100
Eighth' Avenue—stock
Jan , ’77
1,000,000 J.& J. 6
1st mortgage
1000
203,000 J. & J. 7
Jan., ’84
VZdSt, A Grand St terry— stock
100
748,000 M.&N. 5
May, *77
1st mortgage
10)00
236,000 A.&O. 7
April, ’i)3
Central Cross 'lown~ stock.
100
600,000
1st mortgage
1000
200, (XX) M.&N. 7 Nov.,U0i
Houston, West st.APav.F'ystk
100
250,1.00
1st mortgage
500
500,000 -J. & J. 7
July.1894
Second Avenue—stock
100
1,199,500 Q.-F. 2 April, u;
1st mortgage
1000
J.&D.
7
2'0,000
Dec., ’77
3d mortgage
1000
150,0)00 A.&O. 7
April, ’e5
Cons. Convertible
1000
770,< *00 M.&N. 7
May, ’83
Extension
500 &C
200,000 A.& O. 7
Oct., ’83
Sixth Avenue- stock
100
750,000 M.&N. 5
May, ’77
1st mortgage
1000
415,000 J. & J. 7 July,1890
Third Avenue—stock
100
2,000,000 Q-F. 5
Aug., ’77
1st mortgage
1000
2 000,000 J. & J. 7
July, 1890;
Tu*tnly-thira Street—stocic
100
600,000 J & J. 4
Feb, *77
let mortgage
in 0
250.000 MAN. 7
May. ’93
* This column shows last dividend on stocks but the date of
maturity
•
.
.
*77... 6
,
•
....
Aug.tO •77..4 135
9
.
Metropolitan, Brooklyn
215
129“
July 2, ’77.3#
i 2" July 2.
1,000,000 Quar,
var
1 000,000 J & J.
1(0
1,000,1 OK' M. &N.
NO 1,51 (1,0' 0
...
101
...
)an. v> ’77. ..3
J uly 2, ’77.3#
Men. 1, ’75..4
July 2, ’77... 7
July 2, ’77...4
3
320.000 A. & O
1,850,000 F.&A.
336,000 J. & J.
4,000,00)0 J. & J.
2,500,000 W.& S
1,000,000 M. & S
500,000 -J. & J
5,000,1 0)
.
205
127
.
Par Amount. Period
Manhattan
....
•
Gas and City Railroad Stocks and Bonds.
TGH3 Quotations by George H. Prentiss. Broker. 30 Broad Street.
Jersey City & Hoboken
126’ ■
July 1, 77...3
7# July 2, ’77...3 93“
10
May 1, 77...5 llo
7# Oct. 10, ’77.3k
Feb.l, ’74...3 6u“
6
May 11, ’77..6
7
May 2. ’77...6
8
May 1, ’77.. 4 lie’
’
2,000,0)00
1.200,000
•.
12
40,80)0 F.& A.
4'*,IOC May.
8"
53,000 May.
IS, 600 M.&N. 100
25
20
100)
50
20
50
100
,,,,
...
2!
•
...
•.
•
Jan. 6. •76...3
10
Aug. 1, T7... 5
4# J u)y 10 ,’76.72
7# July 2, ’77...3
6
Juiy/l. ‘7« a
10
Apr.2, 77.2#
10
8
.
Brooklyn Gas Light Co
Citizens’Gas Co (Bklyn)
do
certificates
Harlem
•
•
...
8
.
Gas Companies.
....
Dividends.
PLUS,
Par Amount. Jan. 1,
1
1877.*
A d
....
3
i‘i
Germania*
100
200,001
Greenwich*
25
200,000
Grand Central*.... 25
U'0,000
2,00)0
Grocers*
40
300.000
53,600 J. & J.
Hanover
100 1 000.000
4
170.) 00 J. & J.
Harlem*
100
4
’100,000
12,100 M.&S.
Import. & Traders’ 100 1 500,00c 1,849.700 J. & J. 14
50
*500.00(
Irving
135.200 J. & J. 10
Island City*
50
15.800
ioo,(m 0
Leather Manuf.... 100
600,000 436,400 J.‘& J. "vz
Manhattan*
50 2 050,0u' 1,147,400 F. & A
10
Manut. & Merch*.. 6U
7
190,000
8,4 0C J. & J.
Marine
103
400,000
68,00)0) J. & J. 10
Market
too 1.000,000
s
40)1,700 J. & J.
Mechanics
25 2.000,000 1 074,-00 J.& J.
10
Mech. Bkg Asso... 50
8 4,COO M.&N.
6
500,000
Mechanics & Trad. 25
600,000 323.100 M.&lN. 10
Mercantile
100 1,000,0001
234,700 M.&N.
8
Uerchants
50 3.000,00*0
916,600 J. & J.
8
Merchants’ Ex
50 1.000,001,
238,700 J. & J.
8
Metropolis*.
100
35,S00
&
,1.
500,000
J.
7#
Metropolitan
too 3.000,000
991,00) J. & J. 10
Murray Hill*
100
5,600 A.& O.
290,000
8
Nassau*
100 1.000,000
70,100 M.&N.
8
New York.
100 3.000,000
759.100 J. & J. 10
New York County 100
97.500
J. & J. 114
200,000
N. Y. Nat. Exch... 100
78.500
300,1*00
7#
Ninth
100 1.500,000
4
118,509 J.& j.
North America*... 100 1.000,000)
62,100 J. & J.
8
North River*
5U
30,600 J. & J.
400,000*
Oriental*
•
25
30)0,000* 145,010 J.& J. i-2
Pacific*...
50
422.70X
227,800 Q-F. 12
Park
100 2.00)0,000*
472,100 J.& J. 12
Peoples*..-.
25
162,800 -J. & J. 10
412,500)
Phenix
20 1,000,000
196.100 J. & J.
7
Produce’
100
250,000
16,800
Republic
2 9 800 F.&A.
100 1,500,000'
4
St. Nicholas
100 1.00*0,000
150.20)0 F.&A.
8
Seventh Ward...
100
51 000 J. & J.
6
300,000
Second
100
73.-:00 J. & J.
300,000
11
Shoe and Leather. 100' 1,00)0,000
2:6 400 J. & J.
12
Sixth
100
200 000
39,000 J. & J
S
State of N.Y
100
S0O.00P 183. '00 M.& N.
Tenth
f 00,00*0)
100
13,800 J. & J.
Third
100 1,000,000'
178.600 J.&.J.
8
Tradesmen’s
40 1,000,000
44:, 100 J. & J. 10
Onion
50 1,500,000*
749,100 M.&N. 10
West Side*.:
100
200.000
3
80,600 J. & .1.
,
10
8
10
LUO
S
20
7
7#
Q-j.
524.700
750,000
600,000
500, (XX
July 2 ,'77...4 132
May 1 ,'77.. c 107
Net sur
Capital.
Bid. Ask
Last Paid.
9
7
8
10
3
8
7
621,800 F.& A.
J. & J.
79,00.* J. & J
‘^1876.
.;..
183,800 J. & J.
500.00(
1*000,001
'200,00*0
i
Companies.
10
8
450,001'
300,000 3,172,8'JO Bi-m’ly 100
9
600,000
1;6,000 J. & J.
20
1,000,000 1,51 l.cfl) Q-F
8
5,000.000 3,270.201 J.& J.
100,000
10,100 J. & J.
Continental
100
Corn Exchange*.. 100
Price.
Dividends.
a
QJ
*3
3,000,000 1,665,000 J. & J.
5.000,000 1,502,600 M.&N.
..
Insurance Stock List.
(Quotations by K. 8. Bailey, broker. 85 Wall street.)-
do
do
do
do
„
uo
do
do
do
do
do
do
do
1915-24
May & November.
<\n
do
January & July.
do
.
do
[
108
102
10'4
116
115
116
106
1878-S0
1881-95
January & July,
1903
1915
1902-1905
1881-95
880-83
IWi
1924
307-1P1C
no
113
:i3
118
108
1C8
112
’09
111
109
U)1
110
103
197
106
1
•
[Quotations by C. Zabri-kik 47 Montgomery St., Jersey City.]
190
155
Jersey Lhiy—
Watei loan, long
do
Sewerage bonds
1869-71
1866-69.
io)
Assessment bonds... 1870-71.
IU5
Improvement bonds
Bergen bonds
1868-69.
of bonds.
*
6
7
7
■7
7
7
101#
1895
January & July.
January & Ju*y.
do
do
Jan., May, Julv & Nov.
J0 &
and tJ & D.
January and JuU
.
110
uo
109
110
1398-1902
1877-79
1891
1905
1900
,
105
102#
111
111
110
111
,
106
October
operated 78,583 miles of line, 183,833 miles of wire, and 7,073
3 nuestmettJfi
At the close of the year ended June 30, 1877, there were
offices.
in operation 76,955 miles of line, 194,333 miles of wire, and 7,500
offices. The increase during the year has been 3,433 miles of
AND
STATE, CITY
355
THE CHRONICLE.
13, 1877.]
AND CORPORATION FINANCES,
or 4*6 per centum, 10,491 miles of wire, or 5*7 per centum,
and 428 offices, or 6 per centum.
The number of messages transmitted was 31,158,941, at an
line,
Saturday
subscribers of the
sold at the
supply regular
The “ Investors’Supplement” is published on the last
of each month, and furnished to all regular
Chronicle. No single copies of the Supplement are
office, as only a sufficient number is printed to
average rate
average rate
subscribers.
29'8 cents in 1877.
During the past year, the business of the Western Union Com¬
pany has increased more than during any previous year, the
increase in the number of messages sent being about 13 per cent
over the previous year, the increase in mileage 57 per cent, and
in the number of employees 3 per cent.
The decrease in the
REPORTS.
ANNUAL
Western Union
of 43*6 cents, against 18,739,567 messages, at an
of 50 9 cents, during the previous year. The cost of
transmitting each message was reduced from 33’5 cents in 1876 to
Telegraph.
(For the year ending June 30,1877.) '
average tolls lias resulted in a decrease of $359,383 20 ia the net
At the annual election of the Western Union Telegraph Com¬
profits as compared with the precediog year.
The number of money transfers by telegraph during tbs year
pany, 326,000 shares of stock were voted on, the following
directors being elected: Wm. Orton, Win. H. Vanderbilt, Edwin was 38,669.
The amount transferred thereby was $2,464,173 83,
D. Morgan, Robt. Lenox Kennedy, Moses Taylor, Augustus and the revenue accruing to the company was $93,364 98—being
Schell, Wilson G. Hunt, J. Pierpont Morgan, Frank Work, a decrease of revenue, as compared with the preceding year, uf
Harrison Durkee, Cornelius Vanderbilt, James H. Banker, Chester $7,272 96, or about 7£ per cent. The increase in the number of
W. Chapin, AIodzo B. Cornell, Hamilton McK. Twombly, George transfers was about 4 per cent, and the average amount trans¬
M. Pullman, Norvin Green, Wm. K. Thorn, John R. Duff, Cam¬ ferred in each case was $63 72, against $70 54 during the pre¬
bridge Livingston, Darius O. Mills, Oliver H. Palmer, Edwards ceding year.
S. Sanford, Samuel A. Munson, David Jones, Joseph Harker,
ATLANTIC & PACIFIC.
Anson Stager, Samuel F. Barger, Edwin D. Worcester.
Mr. Orton says of the negotiations with this company:
From the annual report submitted by President Orton, we have
Since the close of the year an arrangement has been concluded
the following:
with the Atlantic & Pacific Telegraph Company for pooling the
STOCK AND BONDS.
gross receipts of the business of the two companies, and dividing
The capital stock of the company is $41,073,410, of which the them on the basis of
87£ per cent of the combined receipts to the
company owned, and had in its treasury on June 30, 1877, $7,255,
Western Union and 12£ per cent to the Atlantic & Pacific Com¬
335. The difference, $33,818,075, is the amount which was out¬
pany.
Subsequent to the completion of this arrangement, the
standing upon that date, and was increased $16,900 during the Western Union Co. purchased 72,502 shares of tbe stock of the
year by the issue of 169 shares in exchange for the stock of Atlantic & Pacific Telegraph Company at $25 per share, paying
companies leased to the Western Union Company which have a therefor 12,500 shares of Western Union stock and $912,550 ia
portion of capital still outstanding upon which interest is paid as cash. The outstanding capital of the Atlantic & Pacific Com¬
rental.
pany is $14,000,000, and is represented by 140,000 shares, of the
The bonded debt of the company on June 30,1877, compares
par value of $100 each.
When pending arrangements are fully
with that of the year previous as follows:
consummated, a common interest will govern the management of
June 30,
June 30,
both companies, and it is expected that all the substantial bene¬
1877.
1876.
Seven per cent gold-bearing bonds, due May 1, 1902.. $1,493,000
$1,498,000 fits of an actual consolidation will accrue. With the cessation of
Six per cent sterling bonds, due March 1, 1900
991,440
1,001,160 the wasteful competition which has existed for several years
Seven per cent currency bonds, due May 1, 1900
3,959,000
3,988,0’0 past, it will be practicable to arrage a system of tolls throughout
Bonds of 1875, past due
9,200 the
country, which, while more remunerative to the companies,
$6,496,360 will also be more advantageous to the public, because the reduc¬
Total
$6,448,410
Less amount of sinking funds and accrued interest
We shall also be enabled
161,240 tions will be more widely distributed.
thereon, held by the Uniou Trust Co. Trustees.
209,401
to reduce expenses very materially, by tbe introduction of many
$6,239,038
Total bonded debt
$6,332,120 economies through the community of interests thus establish©!
The decrease in the total liabilities of the company during the between tbe two companies.”
On this the Tribune remarks :
past ten years is shown by the following statement:
June 30,
June 30,
“It is to be regretted that the President omits to state from
1SS7.
1877.
what source the “ $912,550 in cash,” which was used in part pay¬
Capital stock
$41,073,410 $33,818,075 ment of the Atlantic & Pacific stock, was obtained. We are left
“
.
.
5,152,20J
Bonded debt
Total
Decrease
$46,225,610
capital and debt
$999 44
541 98
Capital ard debt per mile of line
Capital and debt per mile of wire
EARNINGS AND EXPENSES.
The business for the year
that for the year ended June
6,239,038
to believe that it was procured either by a sale of Western Union
$40,057,113 stock, or by hypothecating it. The foregoing report shows that
6,168,497
$520 53 the $912,550 was not derived from the business. The question of
206 14 interest is, Has the outstanding stock been increased 25,000
shares instead of 12,500 shares?”
ended June 30, 1877, compares with
30, 1876, as follows :
INTERNATIONAL OCEAN TELEGRAPH.
following is the report of the International Ocean Tele1877.
1876.
giaph Company :
The capital stock of the company is $1,500,000, of which the
The gross earnings for the year from all sources were $9,812,352
$10,034,983
The gross expenses, including rental of leased lines..
6,625,473 Western Union Company owns $1,033,500, and the International
6,672,224
Ocean Company owns $97,300.
Net profits
$3,140,127
$3,399,509
Of the stock previously owned by the International Ocean
There have been disbursed from the above profits in 1876-7 :
Company, fourteen shares were issued during the year in lieu of
For four quarterly dividends of iy2 per cent each.
$2,028,619
cash, in payment of a portion of the dividend on the preferred
For interest on bonds..
454.685
For Sinking Fund appropriations
80,005— $2,563,309 stock under which the preference was extinguished.
Surplus of net revenue fo~ the year, after paying div¬
The bonded debt of this company is as follows :
idends, interest on bonds and Sinking Fund appro¬
Bonds due July 1,1878, 7 per cent gold, interest payable semi¬
priations
$516,817
annually
$106,000 00
Bonds due April 1, 1879, 7 percent gold, interest payable semi- an¬
From which surplus there have been appropriated :
nually
72,300 00
For construction of newlines, erection of additional
Scrip dividend due October 1, 1S79, 7 per cent currency, interest
wires, &c
$452,118
payable annually
57.680 00
For American Telegraph Company's (of Michigan)
Scrip dividend (called in October 1,1875), balance not yet presented
stock purchased
36,7;5
for ledemptlon
16 00
For Southern & Atlantic Telegraph Company’s stock
The
...
.
20,874
purchased
For Pacific & Atlantic Telegraph
Company’s stock
purchased
For sundry other telegraph companies’ stock, lines,
&c., purchased
Balance
Total bonded debt
There have been redeemed
12,140
32,914—
$554,832
21,985
Total
$3,140,127
The balance of $21,985 has
income account.
been carried into tbe general
STATEMENT SHOWING
NUMBER OF OFFICES,
TIIE MILEAGE OP LINES AND WIRES,
AND TRAFFIC OF TUB
COMPANY, FOR EACH YEAR FROM JUNE
JUNE
1877.
30TH, 1866, TO
39th,
Year.
1886
1867
1868
.
...
.
No. of
Miles of Miles of No.of Messages
Line.
Sent.
Wire. Offices.
37,389
75,686 2,250
...
J869
JS?
J5JJ
82
JSJJ
J12
88
1877
46,270
85,291
50,163
97,594
52,099 1G4,584
54,109 112,191
56.032
62,033
65,757
71,585
72,833
73,532
76,955
121,151
137,190
154,472
175,735
179,496
183,832
194,323
5,879,282
6,404,595
$69,000 of the bonds of 1878, $1,600 of the bonds of 1879
$7,736 of the 7 per cent currency scrip falling due October
1, 1879. There have also been redeemed $360 of the 7 per cent
gold scrip which was called in October 1, 1875.
The operations for the year ended June 30, 1877, were as fol¬
Funds
and
lows :
Earnings
Expenses
$314,136 99
67,326 73
$246,810 26
Profits
Receipts. Expenses. Profits.
55
$
$
3,944,(05
4,362,849
4,568.116
4,910,772
5,104,787
5.666,863
6,575,055
6,755,733
6,335,414
6,685,473
6,672,224
2.624.919
2.641,710
2,748,801
2,227,965
2,532,661
2,790,232
2.757,962
2.506.920
3,229,157
3,399,509
3,140,127
BUSINESS OF THE YEAR.
On the first
_
11,175 43
Surplus July 1, 1876
6,568.925
7,C04,560
7,316,918
3,607
7,934,933
7,138,737
3,972
9,157,646
7,637,448
4,606 10,646,077
8,457,095
5,237 12,444,4(9
9,333,018
5,740 14,456,832
9,262,653
6,188 16,329,256
9,564,574
6,565 17,153,710
7,072 18,729,567 10,034,983
7,500 21,158,941 9,812,352
2,565
3,219
$237,996 00
during the year with the Siuking
day of July, 1876, the Western Union Company
$257,9S5 74
Total
appropriated during the
For balance of payments on account of new cable between Puota
Rosa and Key west
For two quarterly dividends of 2 per cent each
From which there have been
For inferest on bonds and scrip
For cable steamer Professor Morse—repairs,
insurance and ex¬
penses
For sinking fund appropriations (one year)
For sundry construction, &c
For scrip (called in October 1, 1875) redeemed during the
For dividend on preferred stock (balance of payments)
Surplus, June 30, 1877
year:
$68,975 01
56,108 00
21,798 39
25.517 81
24,000 00
year....
423 81
860 00
100 00
60,702 71
$25L985li
CHRONICLE
THE
'356
The notable decrease in the rentals, taxes and guarantees for
the year 1877 has resulted mainly from the increased tonnage of
through freight, it adding to the earnings of the Louisville Rail¬
payable July 14, 1877)
For interest on company’s bonds
>Beserved for interest on bonds and sinking
accrued to June 30, but not yet payable
Discount on bonds of 1900
Balance
funds,
$275,357
operated at
32.598,336
(For the
$12,121,987
4,134,228
Resolved, That
$6,128,887
1,615,101
4,054,407
1,167,509
Telegraph Company’s stock (47,810 shares)
10,000
50,000
332
453,437
339,917
14,135
273,558
75,085
$16,511,390
applied from the profits, to make
250,058
$16,261,332
account, June 30, 1877
Louisville Cincinnati & Lexington.
Total surplus of incofiae
(For the year ending June 30, 1877.)
This road has been in the hands of a receiver for some time,
And was recently sold in foreclosure. A recent report by the
receiver gave a statement of the operations from the commence¬
ment of the receivership, September 21, 1874, up to June 30,
1877. The equipment consists of 31 engines ; 24 passenger and
14 baggage and express cars ; 188 box, 95 stock box, 25 stock
rack, 105 platform, 20 gondola, and 10 caboose cars; 1 pay, 1
yard, 1 derrick, 1 wrecking car, 8 boarding and 27 road cars.
The traffic for the year ending June 30, 1877, as compared
with the previous year, was as follows :
1876-77.
1875-76.
317,700
317,700
344,509
56,798
150,272
68,080
68,080
156,216
156,216
142,037
142,037
freight carried, through
114,397
Cents.
3-125
0-632
2-533
0611
Cents.
3*001
0-592
0 592
2-837
2‘837
0-822
0’822
Average receipt per passenger per mile
Net earnings per passenger per mile
Average receipt per ton per mile
Net earnings per ton per mile
:
RESOURCES.
197,039
good the discount on the bonds of 1900
*
the stockholders of the L. & N. RR. Co., hereby approve
Total cost of road to June 30,1^77
Due from transportation department
1,123,145
..
we,
stockholders, the following
$1,090,000 second mortgage seven per cent bonds, and with their purchase of
the Cecilian Branch of the E. & P. RR. Co., which gives a valuable feeder in
the Louisville Paducah & Southwestern Railroad and a valuable acquisition
to our railroad system. And we hereby tender to them our thanks for the
able management of the road and its finances.
The following is the balance sheet to be taken in connection
with the report published in the Chronicle of Oct. 6, on page
961,6C6
7,500
stock (10,385 shares)..
Anglo-American Telegraph Company’s stock (£1,308)
Central District & Printing Telegraph Co.’s stock (200 shares)...
Western Electric Manufacturing Company’s stock 4500 shares)...
Weetern Union bonds (redeemed and cancelled)
Sinking funds (portion not yet used for redemption of bonds,
exclusive of accrued interest due by trustees).
$2,295,639
Broadway and Dey street building
Less abiouut provided from the proceeds of bonds ...
1,802,202Real estate, other than new building
Sundry railroad bonds and stocks
Supplies and material on hand
Surplus June-30, 1877
Tons
ending June 30,1877.)
the action of the President and Directors in the settlement with the State of
Alabama, in which they secured $330,000 of five per cent bonds, and their
settlement with the South & North Alabama RR. Co., by which they received
106,086
250,058— $16,612,360
Passengers carried, local...
Passengers carried through
Tons fre'ght carried, local
year
At the recent annual meeting of
resolution was unanimously adopted:
$16,261,332
Less the amount which was
previously
loss.”
Louisville & Nashville.
.
International Ocean Telegraph Company’s
a
$32,873,693
The balance is represented as follows :
Oonstruction of new lines, erection of additional wires, &c
Purchase of telegraph lines and of the stocks of companies con¬
trolled by the Western Union Company, on which interest or
dividends are paid as rental
'Western Union stock (72,553 shares)
Gold & Stock
way Transfer and the Newport & Cincinnati Bridge sufficient to
make said lines profitable, whereas they have been
July 1, 1866 :
Making an aggregate, June 30, 1877, of
During this period there were applied—
For dividends to stockholders (including dividend
xxv.J
“
The balance of $21,985 has been carried into the general in¬
come account, the whole being represented in the following
exhibit of the profits and disbursements of the company for
eleven years from the date of consolidation,
Tfte earplug of income account, July t, 1866, was
The net profits for eleven years from July 1, 1866, to
June 30, 1877, were
[VOL.
$216,368
1,151,015
447,007
1,220,694
181,400
84,000
Ten-year mortgage gold bonds
Sundry railroad bonds
Sundry railroad stock
Louisville Bridge Company stock
Pullman Southern Car Company stock
Sundry railroads and persons
Real estate, timber and quarry lands
State of Alabama 5 per emt bonds
$23,927,979
220.480
987,554
330,000
bonds. 1,000,000
:
South and North Alabama Railroad second mortg.
South & North Alabama Railroad Company
Nashville & Decatur Railroad Company.
Cecilian Branch
246,189
337,783
76,622
Shop and fuel stock L. & N. RR. and branches.. $397,203
Shop and fuel stock N. & D. RR
' 26,971
Shop and fuel stock S. & A. RR
46,611— 470,7£6
Cash, Lonisvilie
48.504
Cash, New York
76,975—125,479—; 7,129,387
$31,056,366
LIABILITIES.
„
$9,003,418
Capital stock
Bills payable.
Due sundry persons
Bills.and pay-rolls unpaid
Interest due July 1 and August 1
1,486,534
226,256
426,417
17*2,310
37,466
Back dividends
Dividend No. 22. due Aug. 10
Consolidated mortgage bonds
135.054— 2,481,037
7,070.000
2,000,000
80,000
3,500,000
Ten-year mortgage gold bonds
Mortgage main office lot and building
Fir^t mortgage bonds Memphis & Ohio Railroad
Income bonds Memphis & Ohio Railroad
1,509
bonds Memphis Clarksville & Louisv.RR. 2,336.730
bonds Lebanon Branch Extension
88,090
225,000
City of Louisville to Lebanon Branch
333,000
City of Louisville to Lebanon Branch Extension
City of Louisville to Main Stem (no mortgage)
850,000— 16,481,230
First mortgage
First mortgage
Profit and loss account
3,084,630
•
$31,056,366
Chicago Danville & Vincennes.
(For the year ending Dec. 31, 1876.)
The rates received on the Lexington line were much better
than on the Cincinnati line, the average receipts per train mile
on the former being $2*4360, against $1*4211 on the latter.
The
chief business of the Cincinnati line is through, and of the Lex¬
The receiver in his late report to the Court gave the results of
operating the Chicago Danville & Vincennes Railroad during the
year 1876.
As far as practicable, the statements for the previous
ington line, local. The earnings for the two years were :
The first five
year are also given for purposes of comparison.
1876-77.
1675-76
moBths of that year were operated by the railroad company and
Paseengere
$443,894
$427,006
Freight
566,868
508,561 the preceding receivers; the last seven months by the present
50,944
5,029
54,483
4,747
$1,049,368
752,018
$1,011,687
734,798
Express and mail
Telegraph, &c.
Total
Operating expenses
Net
_
$276,889
$297,350
earnings
receiver.
The tracks
years,
and
occupied and used
were as
Pitts. Cin. & St. L.
follows:
ton
Net
Gross
earnings.
$462 564
Lexington line.
Cincinnati line
566,801
Expenses,
$253,461
498,556
P.
earnings,
$229,102
68,247
c.
of
rapidly.
The Newport & Cincinnati Bridge is operated under
$75,000 annual traffic; the actual traffic last
leaving a deficiency of $21,929, half to be met by this road. To
meet this, however, an arbitrary charge on freight over the.bridge
is retained, which amounted to $20,380, leaving a net profit of
49,415.
The Louisville Railway Transfer showed for the year earnings
of $51,525; expenses, $19,531; net earnings, $31,993; r interest,
otc., $30,146, leaving net profit of $1,847. The Elizabeth Lex¬
ington & Big Sandy earned $58,401; expenses, $39,637; net earn¬
ings, $18,764 ; rental, $19,467; loss for the year, $703.
The general results for the two years and nine months are
elated by the Auditor as follows :
...
Uinta's, taxes and guarantees
Net profits of L. U. & L. line
Interest
daily balance
Profits operating Shelby RR
Net profits, subject to order of
on
court
66.437
91,483
4.030
9,652
105,165
$1,011,687
734,798
276,889
71,023
205,866
17,012
7,960
230,839
miles.
ft
20% miles.
•
Year ending
June 30,
1877.
$1,049,368
752,018
29?,3M)
40,639
256,710
20,270
2,185
279,165
26% miles
OWNED.
Dalton to Danville—main line
Bismaick to Coal Creek—Indiana branch
.108
miles.
24
miles.
miles.
132
15S% miles
Total...1
GROSS EARNINGS.
From what source :
Freight, ordinary
....
1876.
1875.
$418,035
$331,341
Freight, coal
261,755
Total
$709,701
270,200
'
$601,542
122,497
116,302
12.520
Mail
12,520
9,136
Miscellaneous
18,221
Passengers...
Express
a guarantee
year was $53,070,
Year ending
June 30,
1876.
through both
LEASED.
Chicago & Southern RR.—Chicago to Junction
62-52
87-06
wear out
Sept. 21, ’74, to
June 30, ’75,
9>, moe.
Gross earnings of L. C. & L. line.. $7&3,721
Operating expenses
625 800
Net transportation earnings.
157,920
same
exp’s.
Total
$1,049,368
$752,018
$257,350
71*66
There were used in renewals last year 2,498‘86 tons iron rails,
16’34 tons steel rails and 87,377 new ties. There are yet in the
track between Lagrange and LexiDgton 33 miles of iron rails laid
in 1849 and 1850 and still in good condition, though beginning to
of
the
R’way, in Chicago, double track..
The
earnings and expenses were'divided between the Lexing¬
& Cincinnati lines, as follows:
were
Total
$872,166
The cash receipts during the year from operating the road appear
from l e balance sheet to have been
The gt oss earnings, as per above statement
8,609
17,890
$756,865
$995,42*2
872,166
$123,256
previous to January
1, which were collected during the year 1876, and also sums that
were
p id back in over-charges, drawbacks, switching, &c.
Although the amounts for these latter charges were actually
received in cash, they were repaid the same way, and whenever a
sum was collected which it was known would be repaid in full,
Excess of cash
it
receipts over gross earcirg3
of $123,256 represents earnings
The
excess
was
not included in earnings.
OPERATING EXPENSES.
Conducting transportation...
Motive power
Maintenance of cars
Maintenance of wuy
Renewals
General expenses
Net earnings
1875.
$137,172
81.607
77,969
51,090
39,621
145,469
54.753
68,235
82,017
33,322
Total
Per cent of expenses to
1876.
$160,7i6
139.435
earnings
_
$571,363
$505,077
65*51
$300,802
$250,787
66*86
October
DEDUCTIONS FROM NET
EARNINGS IN
meet in
1876.
$1,622
16,579
29,310
21,922
6.201
30,i8S
Insurance
» •
Taxes
•
L. Railway
Rental—Chicago & Southern RR
Rental—Chicago station grounds—
Rental—P. C. & St.
'
Rental—Freight cars
\
Amount
ADDITIONS TO THE
Purchase of
freight cars
Permanent improvements
New
construction ordered
*108,724
PROPERTY.
$37,561
34,692
7,111
*o road
to road amounted to
The
$31,692.
FREIGHT TRAFFIC.
,
movement of freight, was as
1875.
follows:
232,943
252,762
485.705
of tons moved
Number tons moved one mile—“North..
Total number
40,475,566
12,742,129
53.217,695
Number tons
moved one mile—Foreign
Average expenses
Average
net earnings per ton per
GROSS EARNINGS
earnings....
THE
Tons
..
53,217,695
40,373,607
1‘33c.
•90c.
l*49c.
l’C2c.
•43c.
*47C.
$745,063
FOR THE SAME TIME
1875.
40,373,607
1 33-lOOc. 1 49-10Cc.
1874.
YEARS.
1873.
1874.
$756,865
hauled 1 mile... 53,217,695
ton p. m..
FIVE CON8ECUTIVE
187.'.
$872,166
FREIGHT MOVEMENT
1876.
Av. rate per
20,963,415
19,410,192
mile
OF THE ROAD FOR
1876.
Gross
29,763,618
23,454,077
per ton per mile
$734,252
1872.
$627,912
WAS AS FOLLOWS:
1873.
1872.
34,086,692 30,636,762 23,656,144
1 73-lOGc. 191100c. 2 12-lOOc.
steady decrease in freight rates, as shown above, has been
important element in the financial condition of the property.
Had the same average rate been obtained in 1876 as in 1872, the
«.
Louisville
the 14th day of November.
are substantially as follows :
on
The terms of
Nashville
agreement proposed
The
Chattanooga & St. Louis Company will guarantee tbe bonds of
the Cumberland & Ohio Company to the amount of $10,000 per
mile, on the line from the crossing of the Tennessee &
near Nashville, to Shelbyville, Ky., provided the Cumberland, &
Ohio will secure the sale of $500,000 of the bonds at not lea
than 75.
The proceeds of the bonds to be applied to the comr
pletion and equipment of the road, and the road, as fast as coerpleted, to be leased to the Nashville Chattanooga & St. Louis,
Pacific,
thtr~
the bonds and one-half
after five years, one-half of :
$79,368
sales of bonds, &c., to
work
the road to be under
1875.
supervision of the lessee’s engineer.
196,399
Harlem Extension.—A dispatch from Bennington, Vt., Oct.
160,656
11. says: The Lebanon Springs Railroad, known as the Harlem
357,055 Extension, between Bennington and Chatham Four Corners, will
30,394,321
be opened on Saturday or Monday next, under the presidency of
9,979,286
R. C. Root, of Root, Anthony & Co., of New York.
40,375,807
—The Springfield Republican says: “ There is great interest in
by Court
Amount
Permanent improvement
357
THE CHKuNICLK
13, 1877.]
The
an
lessee to pay for five years the interest on
of one per cent as a sinking fund ;
the net earnings as rental.
All contracts,
be approved by the lessee, and
on
of Trenor W. Park, of North Bennington,
which bonded themselves to build a part of the
road which was afterward consolidated into the Harlem Exten¬
sion.
The case is to be heard before the full bench of the
Supreme Court at Montpelier this month. * * * Of the old
Harlem Extension road, formed by the consolidation of the West¬
ern Vermont road, running from Rutland to Bennington, and the
Lebanon Springs road, extending from Bennington to Chatham,
Vermont over the suit
against the towns
latter section is not operated. The former, controlled
by President Gardner and a Vanderbilt board of directors, is
really operated by Mr. Park, and he is to be allowed to redeem it
whenever he can raise the means, at something of a sacrifice of
Mr. Vanderbilt’s original loan of $500,000, under which the road
has been foreclosed, as Mr. William H. Vanderbilt does not fancy
Vermont railroading. Should Mr. Park, therefore, win his suit
against the bonded towns, their indebtedness would just about
cancel the Vanderbilt judgment against him, and put Park in full
control of the Harlem Extension road, as he has long ago become
directly and indirectly possessed of whatever interest or control
the towns had in the road.”
N. Y., the
have been $420,416 greater, making gross earn¬
$872,166 as they were, and this with¬
in the expenses. The net earnings for
Houston & Texas Central*—The Union Trust Company, as
the year would have been $721,222, instead of $300,802, and the
trustee, took possession of the Missouri Kansas & Texas Rail¬
percentage of expenses to earnings 44 21 per cent, in place of
65 51. The same rate as received in 1875 would have produced road, which connects with the line of the Houston & Texas Rail¬
way Company.
An arrangement was made with this last-named
$85,148 more revenue in 1876.
railway company for the dispatch of through trains over both
The Union Trust Company claims that on July 1, 1877,
lines.
GENERAL. INVESTMENT NEWS.
$221,549 were due it under this arrangement, but has not been
paid. Recently, John J. Cisco & Son advertised that they would
American District Telegraph Company (N. Y. City).—The
pay the coupons on the consolidated bonds of the Houston &
annual statement of the company shows that 4,185 instruments Texas
Railway Company, amounting to $200,000. The Union
aro in use, which is a gain of 248 over the preceding year.
Trust Company thereupon obtained an attachment against the
The gross income was
$308,913 funds of the Houston & Texas Company in the hands of J. J.
Operating and general expenses..
263,918 Cisco & Son. To this a return was made that J. J. Cisco & Son
Net income
*
$45,025 held no such funds. An order was then obtained for the exam¬
13.948 ination of Mr. Cisco, to ascertain where the money comes from
Construction account.
to pay coupons, and he said he had $125,000 given him by Mr.
Net profit
$31,076 Whitney,
President of the road, in trust, to pay coupons on
Add previous surplus in 1876
7,299
earnings would
ings $1,292,586, instead of
out any increase whatever
Total
$38,476
surplus fand
debt, and the statistics show that
the past year, as against
1,141,018.
usual monthly meeting of the
The company has no floating
1,513,265 messages were sent during
372,247 in 1876, or an increase of
bonds of the road.
Indianapolis Bloomington & Western.—A report from
Indian¬
that H. C. Stimson, of New
York, representing the bondholders of tbe Indianapolis Bloom¬
ington & Western Road, General George B. Wright, receiver^
Baltimore & Ohio.—The
and C. W. Fairbanks, attorney, submitted a plan to several
Board of Directors of the Baltimore & Ohio Railroad Company,
classes of the bondholders, which they think will accomplish
John W. Garrett presiding, was held at the company’s offices. the end desired.
It is a scaling scheme by which all classes of
Among other business transacted, a dividend of 3 per cent was bondholders will get a certain per cent for their bonds, in propor¬
declared on the main stem stock. The 5 per cent dividend de¬ tion to the present value, the scale varying in price from 30 up
clared in April makes, with this, 8 per cent for the year 1877. to 75 cents on the dollar. To raise money to buy those bonds, it
The committee of finance reported that they had closed the nego¬ is proposed to issue $5,000,000 in new bonds, and cancel all nowtiation of the loan of sterling five per cent bonds, the proceeds of existing. It is thought the business of the road will enable the
which paid the chief part of the floating debt of the company. company to pay the interest on such bonds promptly. The bond¬
There yet remained a sum which, although within the convenient holders have not yet taken action on tbe proposition. The
ability of the company to continue, it was determined should be scheme will hardly be acceptable to the first mortgage bond¬
reduced
rapidly as practicable from the earnings. It was holders. They are sanguine that they eventually will get the
therefore deemed the proper policy to recommend the dividend whole concern without even raising the $650,000 ordered to be
as stated.
The committee of finance also submitted a resolution, paid certain classes of creditors by the Court, hoping by an
which was adopted, declaring it is inexpedient to declare a divi¬ appeal to the United States Supreme Court to rid themselves of
dend
the stock of
Branch
the
apolis, in the Chicago Inter-Ocean, says
as
on
the Washington
continued claim of the State of Maryland
on the
gross receipts for passengers from
road, in view of
for a tax of 20 per cent
that.
Lawrence.—At a special meeting of the stock¬
proposed lease was submitted, which is to be made to
1870, since which date the said tax
the Boston & Lowell Railroad, to take effect at the expiration of
company.
the present lease, October 1, 1878, and run twenty-five years, for
Brunswick & Albany*—It is reported that this road has been the consideration of 5 per cent interest on stock, 6 per cent in¬
sold by the present owners to su English company, which will terest on all debts and bonds, and one per cent additional from
put it in good order and build the extension from Albany, Ga., earnings as a sinking fund to liquidate the bonds.
A stock
to Eufaula, Ala., which was partly graded some years ago.
vote was taken, when 1,225 votes, representing 1,683 shares,
Cincinnati Rockport & Southwestern.—It is said that the being all that were cast, were given in favor of confirming
proposition recently made by the bondholders, to reduce the tli lease. The following votes, offered by Colonel George, were
interest on the bonds from 10 to 7 per cent is not acceptable. To similarly adopted : 1st. That bonds authorized to he issued by a
comply with the conditions of the offer would require the stock¬ vote of the stockholders at the annual meeting to be held
holders to raise about $135,000.
January 1, 1878, be mortgage bonds, and that the directors be
Cumberland & Ohio.—At a meeting of the Board of Directors, authorized to execute a mortgage of franchise and property of
held in Lebanon, Tenn., it was decided to accept the proposition this corporation, to such persons as the trustees or directors shall
of the Nashville Chattanooga & St. Louis Railroad to endorse the by vote determine upon, for the purpose of securing the payment
bonds of the C. & O. to the amount of $10,000 per mile Irom Lee- of said bouds and all existing debts and liabilities of this corpo¬
2d. That the directors be authorized to purchase of the
ville, Tenn., to Shelbyville, Ky., upon condition that the N C. ration.
& St. Louis Road is to receive a lease of the C. & O. Road for Essex Company such lands in Lawrence as they deem necessary
twenty-five years. The proposition is to be submitted to the for terminal facilities, and to execute a mortgage as security for
stockholders, and for this purpose a meeting has been called, to the purchase money in whole or in part.
the 10th of December,
lias not been collected by the
Lowell &
holders, the
*
358
THE
Mariposa Mining Company.—At
a
CHRONICLE
special term of the Su¬
Commercial $imc0.
preme Court held by Judge Dikeman, in Brooklyn, the injunction
asked for on behalf of Francis B. Wallace, a stockholder in the
a&id company, against Eugene Kelly, Joseph A. Donohue and
the Mariposa Land & Mining Company was granted. The
object
of this proceeding is to compel Eugene
Kelly & Co. to surrender
the mortgage held by them in the Mariposa estate as
fraudulent,
and to recover tho sum of $300,000, money due to the
company
from Eugene Kelly & Co., and for $1,000,000
damages.
New York City and Brooklyn Yaluations.—At the meeting
of the State Board of Equalization at
Albany, October 5, a motion
to reduce the addition of
$200,000,000 recommended by the State
Board of Assessors in New York’s valuation to $77,000,000, and
the addition to Kings of $27,000,000 to
$4,000,000, was carried.
The effect of the redaction on New York’s
quota is to make the
proportion of State tax on New York City 45-5 per cent, as
against 4S'8 per cent of the whole State tax last year, and to
make the tax to be paid $254,000 less than for this
year.
Ohio & Mississippi.—A dispatch to the World, dated Cincin¬
nati, October 11, says : “An excited meeting of Ohio & Mississippi
etock and bond holders was held here to-day for the election of
directors.
Tue issue
was
between New
York
and
Baltimore
parties—Wall street against Garrett—for the election of directors,
by them to obtain control of the property. Four directors
were to be elected and two
appointed by the old board to fill
Tne Garrett party, represented
vacancies.
by Robert Garrett,
came with large quantities of stock and bonds
purchased during
last year, but the register’s book of the
company did not show
and
the transfers, because there has been no President for eleven
months, and transfers could not be signed or put on the book.
[Vol. xxv.
COMMERCIAL EPITOMR
Trade is very good
Friday Night, October
and the mercantile situation
12,1877,
generally
improves, in spite of numerous and important failures
and
defalcations in all sections of the
country. The weather has
become favorable to
to be
business, and the marketing of crops begins
felt, from the increased
amounts of available
hands of the
funds in the
agricultural community. There is a check to specu¬
lation for higher prices in
leading staples ; but this will rather
promote a revival of legitimate business, by
discouraging the
holding back of agricultural products, rugaei .ates for
will also exert
are
an
influence in the
small and the chief consolation
of the not distant future.
same
to
direction.
money
Still, profits
merchants is in the promise
Pork has been
drooping, and mess closes nominal on the spot,
with $13 85 bid and $14 asked for both October and
January
Lard has also
declined, and prime western closed at $9 10 on the
spot and October, and $8 80 for January. Bacon ha3 sold at
8f@
8fc. for city long clear, closing at the inside price. Cut meats are
depressed and unsettled. Beef and beef hams are unsettled and
nominal. Tallow has declined to 7f@7fc. for prime.
Butter is
somewhat unsettled, at an abatement from the
highest figure.
Cheese ruled steady at 10@13£c. for factories. The
following is
a
comparative summary of aggregate exports of hog products
Thus, while Garrett claimed a right to vote, these New York
parties claimed that the meeting must go according to the book,
and exhibited proxies from numbers of old holders of stock and
proposed to vote on it. The old Board of Directors secured the from November 1 to October G:
appointment of two friends of Garrett, Governor Bishop and
1ST 6-7?.
1875-76.
Increase.
Kenner Garrard, both of this city, to fill the vacancies, thus Pork, lbs
55.593,400
43,271,600
9,321,800
Lard, lbs
218,610,444
180,139,199
38,501,245
making a good working majority in the board. They then Bacon, &c., ibs
4^7,643,220
367,o30,439
60,317,781
appointed Messrs. Sloan and Horsey, of Baltimore, and Mack, of
Total.lbs
Cincinnati, inspectors to decide on the votes offered.
701,8:2.C6 1
593,741,238
Then
1 08,140,826
Springfield bonds, mostly held in New York were, on motion of
Kentucky tobacco has contiuued iu fair demand, and the sales
Mr. Diuifie, of Baltimore, disfranchised.
The inspectors decided for the week are 650
hhds., of which 550 were for export and 100
that proxies not accompanied by a certificate of transfer would
for
home
consumption. Prices are rather easier: lugs, 3^@5^c.;
not be accepted ; that
Springfield bonds would not be permitted
leaf, 7@14c. There has been a pretty free movement of seed leaf,
to vote, but that all stock
actually presented accompanied by and the sales of the week
blank assignments would be accepted, the possession
aggregate 2,291 cases, as follows: 150
being cases
sundries, 4 to 16c.; 450 cases New England, crop of 1876,
accepted as evidence of a transfer. The result was a large
8 to 20c.; 1,000 cases Pennsylvania, crop of 1876, 8 to 22c. and
majority in favor of Garrett, the New York men being mostly
working on proxies. On the election of the Garrett men, Messrs. private terms; 511 cases Ohio, crop of 1876, 8 to 15c.; 50 cases
Whitewright, Scarborough, Iseliuand Meir, as directors, the New Wisconsin, crop of 1876, 9c.; and 130 cases Illinois, crop of 1876,
private terms. Spanish tobacco has been quiet, and sales are
York parties, led by Harry Crawford, a noted railroad
lawyer, limited to 250 bales at 80c.@$l 10.
protested against the appointment of inspectors by the old
There have been several declines in Brazil
grades of coffee,
directors, saying that they should have been elected; against the
which brought out a better trade; fair to prime cargoes
quoted at
rulings of the inspectors and the Chairman; and, refusing to vote
any of their stock, organized as soon as the meeting had 18|@20c„ gold ; stock here iu first hands on the 10th inst., 81,247
adjourned, and elected another set of directors, as follows: W. bags. Mild grades have been quiet and nominally unchanged;
late sales of 3,000 mats Java, 2,000 bags Maracaibo and 1,491
D. F. Manice, W. D. Griswold, O. D. Ashley,
bags
Henry Crawford,
Laguayra at current quotations. Rice has been fairly called lor
Fredk. Mead, M. H. Bloodgood, Robert L. Cutting, J. M. Harts
home, Peter O’Donohue. After announcing New York as the at firm figures. Molasses continued quiet but firm ; Cuba refining
50-test, 38c. Refined sugars at the close were quiet and lower;
office of the new company, this body
adjourned to m^et there
Raw grades have remained steady, with
October 16.” General L. B. Parsons was elected President of the standard crushed, 10£c.
fair sales; fair to good refining Cuba, 8£@8fc.
first board of directors. The second Board did not
The following
organize.
will show the supplies, etc., on the 10th inst.:
Quicksilver Mining.—The case of Geo. S. Kent against the.
Hhds.
Boxes.
Baers.
Melado.
Quicksilver Mining Company has been decided, on appeal, by Stock Oct. 1, 1877
23,823
310,050
1,913
the General Term of the Supreme Court.
The suit was brought Receipts since Oct. 1, 1877....
1.463
2,651
13.168
Sales since <>ct.l, 1877
to prevent the company from
15,314
4,597
95,053
making its common stoca equal Stock Oct.
10, 1877
71,888
20,689
228,165
1,913
to its preferred stock.
The company, when in great straits, made Stock Oct. 12,
1876
31,410
85,177
1,202
the offer to all stockholders, that on payment of
$5 a share their
There has been a very fair business in ocean
freights; rates
stock should be preferred stock. A large proportion of the stock¬
for bSrth room have shown some
holders took advantage of this.
irregularity, but at the close
Others did not. Recently, a there was a
recovery to a pretty steady basis.
Grain charters
resolution was passed by the trustees of the
company, to allow also have declined a
trifle, but petroleum tonnage has continued
the holders of the stockthat did not then become
preferred in demand and firm. Late
engagements and charters include:
to place themselves on the same 1-vel as tbe
preferred stock¬ Grain to
Liverpool, by steam, 9(5)914.; provisions, 35@45s.; cot¬
holders, by paying $5 a share and interest. Mr. Kent, though
ton, 14.; grain by sail, 84L; do. to London, by steam, 8ps8f@9d.;
owner of common as
well as of preferred stock, brought
suit flour, by sail, 2s. 9d.;
grain to Glasgow, by steam, 9£d.; provi¬
to restrain the carrying out of this resolution.
The World report
sions to Bristol, by steam, 55(a60s.; flour, 3s. 6d.
Grain to Cork
says of the decision : “Judge Van Brunt on the trial gave
judg- for orders, 6s. 9d.@7s.@7s. l^d. per qr. ; do. to Southampton,
ment'in his favor, holding toat the
parties who did not at first, 6s. l(Hd.; do. to an Italian
port, 6s. ?^d.; refined petroleum to
secure preferred stock could not afterwards claim tbe
advantages London, 4s. 4£d @5s.; naphtha to London, 5s. ; refined to Rotter¬
of the risk that was taken by those who on the first call ad¬
dam, 5s. 3d.; do. to Leghorn or Naples, 53. l^d.; do. to Antwerp,
vanced $5 per share of their stock.
The General Term affirms
4s. 6d.@4s. 9d.; do. from
this judgment, Judge Daniels
giving the opinion, but on entirely day, business limited, but Philadelphia to Bremen, 4s. 74d. To¬
steady and even firmer rates ruled in
different grounds, holding that tne
company had no right to some instances.
Grain to Liverpool, by steam, 9@91r@91d.; and
create a preferred stock.
‘If that could be done,’ says Judge
Daniels, ‘corporations would be enabled under tbe sanction of the by sail, 8£d. for corn ; hops to London, by steam, 4d. ; grain to
Avoninouth, by steam, 9^d. ; do. to Antwerp, by sail, 9^d.; do.
law to perpetrate the most gross frauds.
They could receive the to Cork for orders, 7s.
l£d. per qr.; refined petroleum to the
subscribers’ money ostensibly and
expressly for one thing, and United
Kingdom, os. Gd.; do. to Rotterdam, 5s.; naphtha to
afterwards deprive them of its substantial benefit
by converting
5s. 3d ; case oil to Beyrout, 30c. gold.
it into another and
entirely different tiling of inconsiderable Liverpool,
Iu rosins a moderate
e
'
...
,
#
•
•
•
•
....
.
value.
Persons do not subscribe for
nor
deal in the stock of
cor¬
porations upon any such understanding. They proceed upon
expectation, justified by law, that the shares they buy shall not
be destroyed by giving others a preference
over them, where no
power of that nature lias been created by statute or reserved to
be exercised by tbe corporation itself.’ ”
St. Lonis Iron Mountain & Southern.—The new suit filed
by the Union Trust Company, of New York, against the St. Louis
& Iron Mountain Railroad for foreclosure of the
mortgage and
eale of the road, was heard last week before
Judge Dillon on tbe
'
^demurrer to the bill. The case was submitted
and printed briefs are to be
presented.
on
the argument,
export trade has been done at
figures;
steady
good strained, $1 70(5)1 80. Spirits turpentine
day or so ago, but the close was dull and
lower at 35@35ic.
Petroleum has continued very quiet, but quo¬
tations are steady at 8fc. for crude, in bulk, and*15ic.
for re¬
fined, in bbls. American pig iron remains steady and in better
demand; sales 2,000 tons at $18 50(5)20 for No. I, and $17 50@19 00
for No. 2.
Iq rails there have been sales of 2,000 tons old iron at
$18. In lead 2,000 tons common have sold at 4p5)4fc. currency.
Ingot copper has sold at 17f@18c. per lb. -Grass seeds have met
with a better demand for export,
at 3£c. per lb. for clover, and
$1 40 per bushel for timothy. Whiskey closed nominal at $1134,
tax paid.
common to
advanced to 351c. a
THE CHRONICLE.
13,1877.]
October
'
O O TT O N.
,
Crop,
The Movement of the
from the South to-night, is
this evening (Oct. 12), the
as
For future delivery the excitement and
buoyancy of prices
early in the week was very great. The chief impulses to the
rise were given
by the continued small receipts at the ports,
acting upon Liverpool and pushing up that market, together
ness.
Friday, P. M„ October 12, 1877.
.
359
indicated by
telegrams
our
the accounts of frost in the northern belt.
Still, the former
For the week ending with
was the most
potent, and the advance for the early deliveries
total receipts have reached 109,264
was much
greater than for the spring months. Many of the
bales, against 70,040 bales last week, 43,128 bales the previous
parties
who had been operating for a decline, covered tlieir con¬
week, and 22,345 bales three weeks since, making the total re¬
at extreme
prices. Liverpool was also active and higher,
ceipts’ since the 1st of September, 1877, 262,375 bales, against tracts
and the reports from that market contributed to the
excitement
480,205 bales for the same period of 1876, showing a decrease on
our Cotton
Exchange. The advices were also stronger from
since Sept. 1, 1877, of 217,830 bales. The details of the receipts
Manchester, Eng., and Fall River, Mass. But the re-action was
for this week (as per telegraph) and for the corresponding weeks
almost as rapid and even more decided than the
of five previous years are as follows :
advances, begin¬
ning on Tuesday and continuing throughout Wednesday and
given below.
1877.
Receipts this week at—
19,617
10,301
19,242
New Orleans
Mobile
Charleston
32,073
32,381
10,171
23,265
1873.
1874.
1875.
1876.
19,925
6,S87
20,039
7,061
21,031
1,713
28,798
10,067
10,968
18,731
Thursday, under receipts at the ports nearly equal to last year.
Every other point was lost sight of. It was idle to speak of the
reduced visible supply, and the deficit which
26,481
receipts already
9,125 exhibit ; and if the advance was most rapid in the early months,
the decline was
equally sharp in the more remote deliveries.
14,148 The
reports of the Southern Cotton Exchanges for September
were
generally regarded as overdrawn in tlieir statements of
23,336
adverse features, and had little
effect.^To-day, there was a very
9,860 irregular market for futures, October being higher, and the
other early months
502
cheaper, while the more distant deliveries
1872.
10 52.24.30
496
4S0
816
24,714
19,123
18,090
205
1,075
350
2,804
27,191
23,383
1,000
2,453
128
342
208
North Carolina
4,629
5,358
Norfolk
9,051
1,398
24,336
4,330
15,524
755
Total thisweek
109,264
Total since Sept. 1....
262,375
Port
Royal, &c.
Savannah
Galveston
Indianola, &c
Tennessee, &c
Florida
.
City Point, &c
16,907
}
13,285
20,265
3,280
}
365
.178
3,984
1,778
443
236
295
4,194
1,064
15,816
9,865
2,117
11,378
630
893
2,571
999
136.074
137,429
121,054
73,934
98,291
480,205
423,237
372,368
262,405
416,360
were
steady.
The total sales for forward
delivery for the week are 372,000
bales, including — free on board. For immediate delivery the total
sales foot up this week 9,445 bales,
including 2,212 for export,
7,213 for consumption, 20 for speculation, and
in transit.
Of the above, 100 bales were to arrive.
The following tables
show the official quotations and sales for each
day of the past
week
:
The exports
for the week ending this evening reach a total of
32,659 bales, of which 24,673 were to Great- Britain, 4,386 to
France, and 3,600 to rest of the Continent, while the stocks as
made up this evening are now 207,747 bales.
Below are the
stocks and exports for the week, and also for the corresponding
week of last
season:
Exported to
Week ending
Oct. 12.
Great
Britain.
France
Total
Stock.
Same
Conti¬
this
week
nent.
week.
1876.
1877.
1876.
UPLANDS.
New Cotton.
Ordinary
Sat.
Mobile
10,137
....
Charleston
2,490
Savannah:
Galveetont..’
New York
•
•
•
.
.
.
•
.
4,015
•
•
•
•
,
,
,
•
Other portst
•
•
•
14,152
....
•
....
•
8.750
Norfolk....
•
.
.
.
.
.
.
.
.
•
.
,
371
.
.
.
•
3,296
•
•
6,522
,
9,421
.
3,296
....
Total thisweek..
24,673
4,386
3,600
32,659
Total since Sept. 1
50,121
4,608
8,940
63,669
.
.
.
.
.
....
12,101
.
....
•
.
3,150
....
300
....
*-
•
2,490
3,300
3,300
•
•
.
.
.
2,319
43,402 104,614
10,919 20,697
30,280
42,615
36,9!2
28,718
28,266
4,250
22,000
55,962
47,462
62,875
23,991
22,000
24,092 207,747 350,219
107,766
....
lb. 10 1-16
Strict Ordinary
Good Ordinary
Strict Good Ord’ry.
Low Middling
Strict Low Middl’g
not cleared: For Liverpool, 5,762 bales; for other foreign,
150 bales; which, if deducted from the stock,
would leave remaining 22/:09 bales.
| The exports this week under the head of “other ports” include from Baltimore,
1,555 bales Sea Tsland to Liverpool; from
Boston, 1,238 bales to Liverpool; from
Philadelphia, 503 bales to Liverpool.
From the foregoing
statement it will be seen
Dales; for
coastwise ports,
10 l-’.G 104
10 7-16 10%
10 11-16 10%
11 1-16
10%
11 1-16 114
11 3-16 11%
11 5-16 11%
11 7-16 11%
:i 13-:6
11%
12 1-16 114
12 11-16 12%
Ordinary
n>.
Strict Ordinary.
Good Ordinary
Strict Good Ord’ry.
Low Middling
Strict Low Middl’g
10%
10%
10)4
104
11 1-16
u%
104
11 1-16
104
10%
10%
11 1-16
11
114
11%
114
u%
114
11%
11%
11%
1!4
11%
11%
11%
104
10%
10%
10%
Ordinary
Strict Ordinary
Good Ordinary
3-16 104
9-16 10%
13-16 10%
Strict Good Ord’ry. 11 1-16
11 1-16
Low Middling
3-16 114
114
Strict Low Middl’g
£-16 11%
11 7-16
11 *
Middling
114
Good Middling
11 9-16 11%
!1%
Strict Good Middl’g 11 13-16 11%
11 13-16
12 3-16 124
124
Middling Fair
Fair
13-16
12
12%
12%
n>.
10
10
10
11
11
ll
104
10%
U>%
PORTS.
SINCE SEPT. 1.
1877.
N. Orleans.
Galveston*.
20,527
12,808
27,361
43,443
28,504
New York..
727
Florida...
177
Mobile
Charleston*
Savannah..
N. Carolina
Norfolk*
5,2S9
11,39)
2,873
..
Other ports
Tot. this yr.
Tot. last
1876.
Great
Britain
70,797
3,347
25,427
•
54,226
66,510
62,877
•
•
•
•
•
•
•
•
•
•
•
•
forei’n
178
•
6,552
.
,,,,
11,716
....
•
•
....
»
....
....
•
15,353
3,525
....
•
•
wise
19,271
222
5,162
24,655
•
-
•
•
....
....
....
•
•
•
•
....
.
....
•
•
•
•
....
2,830
.
.
.
....
2,830
20,213
16,402
....
177
3,916
9.803
33,648
8,710
17,170
24,257
17,204
33,434
....
1,769
3,504
16,000
was
1-16
;o%
10%
10%
10%
11
ll
11 3-16
11%
t.%
11%
11%
10%
10%
10%
10%
11 3-16
! 1
11
11 3-16
11%
11%
11%
t!%
11%
li%
11%
11%
3-*.G
10
10
10
ll
Ll
3-16 10%
9-16 10%
13-16 11
ll 3-16
3-16 11%
ll 5-16
us
11 “-16
11%
11 9-16 11%
11 15-16
11%
12 S—16 12%
12 13-16 13
10 5-16 10%
10 11-16 10%
11 15-16 il
tl 3-16
11%
ll 5-16 U%
11 7-If 11%
U 9-16 U%
11 I1-1G 11%
!1 15-16
U%
12 5-16 L%
12 15-16 18
10 5-16
10 11-16
11 15-16
11
11
11
11
5-16
7-16
9-16
11-16
11%
12 5-16
12 15-16
9 11-6 9%
10 5-18 10%
10 9 16 10%
9%
10%
9%
10%
0%
11%
11%
10%
11%
9
9%
1014
10%
11%
9 13-16
10 7-16
10 \ !-16
11 1-16
MARKET AND
FUTURES,
SAI.ES OF SPOT AND TRANSIT.
Spot Market
Con-
Ex-
Closed.
..
..
1,212
Firm
Strong, higher....
Firm, unc ia geJ.
Steady
j
....
610 !
85 !
140
135
;..
Easier, unch’gj.-.
Qiiet, lowe.*
j
2,212 !
....
Spec-
sump* ul at* n
port.
Saturday
Monday...
Tuesday
Wednesday
Thursday..
Friday
Total
SALES.
Tran¬
Total.
sit.
esi
1,079
....
1.653
1.052
"20
2,240
1,393
1,079
2,203
1,137
2,103
20
.
..
57,400
64.1'0-3
6 2,0 JO
Deliv¬
eries.
'ioo
To
631
59,800
57,500
63,300
9,115
372,030
600
43)
7,2 .3
Sales.
100
155,724
60,615 18,389
4,670
83,674
14),237
295,333
sales and prices:
correspond precisely with the total of
Consequently, with
an
were
For October.
cts.
bales.
11*22
8.0.0
200;.... '.'.'.'Mvii
11*26
IU0
L 1*28
.
SOO
.11-29
11- 0
1,900 ....
11-31
1,100
1,70).
1,900
.
..
.
1.20.)
reduced £c., with a very limited busi¬
3,400
1,3 X)
..
.
....
advancing ten¬
dency at Liverpool there was au advance here of 3-16c. (to ll£c.
ior
middling uplands) on Monday, and this whs subsequently
maintained, though the offerings became more liberal, until to¬
-
84,132
down to 28,000 bales, while the spinning dmnaud
day, when quotations
il 15-16 11%
12 3-16 12%
12 3-16 12%
li 13-16 13
12 13-16 13
31,010
returns do not
steady and urgent.
H%
114
11%
11%
11 15-16
5,340
25,418
...
necessary to incorporate every correction made at the ports.
We have had an excited, feverish and unsettled market the
past week. Cotton on the spot was in reduced supply, tbe stock
run
11 5-18
>1 7-)6
tl 9-16
11 3-16
For forward delivery, the sales (including
free on board)
have reached during the woek 372,005 bales (all middling or on
the basis of middling), aud the following is a statement of the
...
telegraphic figures, because in preparing them it is always
having
11
11 3-16
222
....
roint &c.
the
3-16
11%
11%
11%
11%
Stock
•Under the head of Charleston is included Port Royal, &c.: under the head of
valvestovAsIncluded Lndlanoia,&c.; under the head of Norfolk is included City
These mail
Good Ordinary
Strict Good Ordinary
Ports.
Total.
It
0%
10%
Sat. Mon. Tues Wed. Tit.
Fri.
Oct. 6. Oct. 8. Oct. 9. Oct.10. Oct.ll. Oct. 12.
Low Middling
Middling.
Coast-
-
•
2,430
1,153
11,666
45,570
3,445
314,131
•
•
Other
....
153,111
yr.
•
France
1 TO—
10%
STAINED.
The
EXPORTED SINCE SEPT.
10 3-16
10 9-16
10 13-16
10%
Fri.
Til.
Th.
Fri.
Fri.
Til.
Th.
Fri.
Oct.ll. Oct. 12. Oct.ll. Oct.12. Oct.ll. Oct. 12 Oct.ll. Oct.12.
that, compared
RECEIPTS
Mon. Sat. Mon.
Oct. 8. Oct. 6. Oct. 8.
0%
11%
11%
Good Middling
11%
11%
Strict Good Middl’g 11 13-16 11 13-16 11 13-16 11 13-16 11 15-16 11 15-16 11 15-16 11 15-16
Middling Fair
124
124
124
124
12%
12%
12%
>2%
Fair
12 %
13
!3
13
12%
13
12%
12%
u%
li*
Middling
with the
corresponding week of last season, there is an increase
in the exports this week of 8,567
bales, while the stocks to-night
ire 172,472 bales less than
they were at this time a year ago.
following is our usual table showing the movement of cotton
all the ports from Sept. 1 to Oct. 5, the latest mail dates:
10 3-16
’0 9-16
10 13-16
11
ll 2-16
11 5-16
11 7-16
11 9-16
TEXAS.
Tnes Wed. Tues Wed. Tues Wed. Toes Wed.
Oct. 9. Oct.10. Oct. 9 Oct.10. Oct. 9. Oct. 10. Oct. 9. Oct. 10.
New Cotton.
New Cotton.
poard at that port,
197
10%
10 7-18
10 11-16 10%
11 1-15
10%
11 1-16
11 3-16 11%
11 5-16 11%
11 7-16 11%
11 13—1C
11%
12 1-16 124
12 11-16 12%
Middling
Good Middling
Strict Good Middl’g
Middling Fair
...
above exportb) the amount of cotton on shipboard and engaged for shipment at
that port is as follows: For
Liverpool, 9.000 bales; lor Havre, 2,750 bales; for
the Continent, 4,000 bales; for coastwise
ports, 2,500 bales; which, If deducted from
the stock, would leave 30,250 bales
representing the quantity at the landing and in
presses unsold or awaiting orders.
t Galveston.—Our Galveston telegram shows (besides above exports) on shlD-
N. ORLEANS.
Sat. Mon. Sat.
Oct. 6. Oct. 8. Oct. 6. Oct. 8. Oct. 6
Fair
New Orleans*....
ALABAMA.
Mon.
....
..
2,600
1.400....
...
....
bales.
£00....
100....
CT8.
11*43
11-14
11-45
11-46
11 47
1,200...
7t'0....
100....
£00
...
1/00....
.
11-18
..*...11*30
For November.
CIS
ba’es.
lv"38
1/ 00.
1-99
2.600....
’• i-i 0
3,000
11-01
500...,
u-;2
2.30C
11-03
1.0J0....
..
.
2.700....
11-51
11-52
1,200....
11-33
500....
8X)....
40)....
690....
700....
300....
400,...
:oo....
11*52
11-53
11-51
2,4)0....
1/00....
3,200
2,800...,
r-55
4.610...,
11-57
11*58
1 ’*59
11-3J
11*62
400....
11*34
11*35
11-36
11- 7
.....11*33
U-39
1 -40
11-41
11*42
...
3 X)
7i 0....
..
1,500.
.,
11-04
11*05
11-06
1.-17
11-08
11*09
11-10
11*11
11*12
,...'....11*13
1114
3,00
1 600....
11*15
700
...
,
41 9)0 total Oct.
...
...
biles.
:.8 0...
3 350...
4,8 V...
2.30.)...
8.906...
7,l<0...
3,600...
6.6 JO...
6/00...
6,600
..
300...
1,1-X).
700...
2,000...
3,000...
3/CO...
.
cts.
11-16
11-17
11-19
11-20
11-21
11-22
11-23
11*24
11-25
1126
11*27
11*23
11*29
11*30
11-31
5 800...
11*32
4,300
5,400...
11*84
..
11-33
00179.253
000 27160...22827.2
THE CHRONICLE
360
2
0
.
0029560..14287.1 10.
bales.
cti.
bales.
CtR.
3,800
11 35
600.
....1101
....11-01
..11-05
....11*16
0 95.41
300
900
11*36
1,00....
11-37
11-88
1,500....
2,500.
11-38
1,900.
1,900
1/40
1,500
103
.
•
1,309....
13.200 total Nov.
11-08
1,300
11-32
11-09
1110
1.600
1.9(0
11-39
11*40
8,200
11-11
11 12
500
11-13
1,100
..li-14
For December.
400
1C-63
1,500
1,100
U-94
1.600
10*95
....10-96
10-97
...10 98
10-99
2,900
8,(00
400
500
7(0
800
900
.11*15
.11*16
.11-17
.11-18
1**19
.11-20
.11-21
11-22
.11-23
.11*24
.11-25
3,:-00
6,3'0
2,109
U-26
11-27
11*28
11*29
600.
700
600
780
900
2,000
11*60
11-02
11-03
100
200
300
600
11-6
11 0/
11-0S
1.400
11-09
3,330
11-lb
11-11 I
4,70J
11-12
,
ctR.
...11-33
11-84
11-35
11-36
11-37
800;
200
.11-07
700
00
11-41
11*44
11*43
200
bales.
500
600
400
£00
500
500
.'...11*81
800
500
700
500
500
610
10(1
100
S'O.
600.
300.
600.
100.
11-41
11-42
11-43
11-45
11*48
11*47
11*48
11*49
11*50
11*51
U-55
11-59
11-60
19,600 total Feb.
For March.
490
11*25
200
11-26
11-27
200
100
11-23
109
11*29
11*30
6 0
400
11-31 j
400
Il*.i2 i
1U0
11 33
200
11-35
100
11*37
11-39
1(0
11-31
i 1*32
2.100
.11-18
1,100
11*33
4,900.
11 14
11-15
11*16
4,800
11*34
11*35
3,200
1,100
11*36
11-37
11-20
11*21
11 19
600
800
400
11*38
11*29
11-40
1.(00
11-40
1,000
11-11
100
....11-22
809
11-42
11-41
100
800
803
4(0
100
500
600
200
2.SGJ
11-41
1142
1,680
11-17
11*18
800
100
5.100
8.000
4£00
4iJ0
500
11-23
11-21
...
11-25
2,800
1126
UV7
4.309
11*30
2,700
l,t00....
11-31
11-82
11-33
11-34
800
70,900 total Jan.
11-28
11*29
...
93,100 total Dec.
For
800
January.
For February.
100
11*11
800
11-1*2
...11-18
200.
300.
....11-14
....11-16
100....
...11-17
100....
200....
....11*18
400....
....11-19
100....
....11-20
....11-27
100,...
0-99
500....
..004.11-00
1
1J0O
11-01
100
...11-02
11*33
400
800
500
200..
11*54
11*37
11-58
11*9
500
200
500
200
100
11-60
U-S2
11-63
11-61
11-66
11-29
....11-30
....11-31
...
.
500....
400....
....11-32
...
April,
.
....
3C0
309
400
*.00
200.
...
ctR.
11*87
...11*40
...11*41
...11-12
...11-44
...11-45
.11-52
of 551,192 bales as compared with the same date of
1876 a
decrease of 4t6,204 bales as compared with the
corresponding
date of 1875, and a decreases! 533,788 bales as
compared
with 1874.
.
...11-53
...11*54
...1/56’
...11-58
...1V63
...11-64
...11-66
...11-71
For
200
100
I0U
100
...11-72
11-74
May.
100
.....11-52
1156
H-57
11*59
H-60
H 63
11-75
11-76
11-77
100
11-80
100
11-38
11-33
1,700 total May.
For Jane.
400
11*63
100
11-71
*200
11*73
100
200
100
300
too
500.
2(0.
200.
2(0.
800.
5(10.
11*74
11*75
11-76
11*77
11-80
.1/84
...11*88
...11-9
...11*32
...1/94
...11-96
400.
...1/97
...12-00
100.
...12-C5
4,200 total June.
14,100 total March.
The following will show the closing market
f ature delivery, at the several dates named :
and prices bid for
YTDDLINO UPLA.ND8—A.MEBIOA.N OLA.S8IFrOA.TTON.
Market closed
October
November......
December.....
January
...
February
March
April
May
June
Transf. orders.
Gold
Exchange
.
..
..
..
Fri.
Sat.
Mon.
Tues.
Higher.
Higher.
Finn,
higher.
Lower.
lower.
11-40
11/27
11*17
11-21
11 34
11-46
1<* 59
11-37
11*17
11-25
11-18
11-13
11-22
11-35
11-49
11-62
11-74
1Tp7
11-40
11*24
11*21
11 “-7
11-40
11* 3
11*68
11-78
11-91
11 40
10 K
4'7a
11-3J
10214
4*4*
The Visible Supply
Wed.
Easy,
11-64
11*44
1137
11-44
11 *5d
11-63
11-80
n-y2
12*04
11 65
11-72
11-81
1/45
102*
102*
102*
4 73
4 18
4 78
of
Fri.
Steady,
Steady,
lower.
lower.
11-28
11-66
11-01
ll-OJ
11*19
11-33
11-44
11-56
11-63
11*30
11-40
Cotton, as made
102*
4-73*
11-39
11*07
11-03
11*08
11-21
11-34
11*47
H-tO
11-75
11*40
103
4-73*
by cable and
telegraph, is as follows. The continental stocks are’ the figures
of last Saturday, but the totals for Great Britain and the afloat
for the Continent are this week’s returns, and consequently
brought down to Thursday € vening; hence, to make the totals the
complete figures for to-night (Oct. 12), we add the item of exports
from the United States, including in it the exports of Friday
only:
1877.
up
1876.
1875.
658,000
33,000
611,000
62,000
673,000
208,750
10.250
091,000
192,750
4,000
60,000
10.500
48,000
60,750
16.500
6,750
17,000
9,750
7,000
9,7:0
14,250
9,000
24,000
352,500
423,750
389,750
423,000
Total European stocks
864,750
India cotton afloat for Europe.... 103,000
American cotton afloat for Europe
43,000
1,114,750
1,062,750
242,000
97,000
36,000
264,716
1,179,000
3 -,008
46,768
Stock at Liverpool
8tock at London
461,000
23,250
.
Total Great Britain stock
Stock at Havre
Stock at Marseilles
Stock at Barcelona
Stock at Hamburg
Stock at Bremen
Stock at Amsterdam
Stock at Rotterdam
Stock at Antwerp
Stock at other continental
...
512.250
170,000
8,5U0
.
51,000
12.250
54, v 50
29,750
ports..
Total continental ports
Bfeypt, Brazil, &c.,afloat for E’rope
Stock in United States ports
Stock in U. S. interior ports
United States exports to-day
185.000
31 ,< 00
79,000
28,000
207,747
330,2 9
23,863
40,0-3
2,500
Continental stocks
American afloat to Europe
United 8tates stock
United States interior stocks
United States exports co-day
Total American
bales.
235,000
265,000
48,0)0
207,74?
272,000
272,000
79,0u0
380,219
23,863
40,083
4,250
42,000
15,000
36.500
57.500
10,000
2,500
252,000
112,000
97,000
264,716
32,098
10,000
779,610
1,045,802
827,814
249,000
336,000
359,000
28,250
87,500
33,000
62,000
151,750
185,000
28,000
217,750
242,000
Bout Indian, Brazil, dkc.—
Liverpool stock
London stock
Continental stocks
India afloat for Enrope
Egypt, Brazil, &cMafloat.
103,000
31,000
Total East India, &c
Total American
408,750
783,750
9!6,750
7.9,610
1,045 802
827,814
Total visible supply. ...baies.1,278,360
1,829,55*2
1,744,564
Price Mid. Uplands, Liverpool... 6 9-16(3.
5 15-16d.
36,000
7*d.
These figures indicate a decrease in the cotton in
Week
ending Oct. 12,1877.
Week
ending Oct. 18, 1876.
Receipts. Shipments. Stock. Receipts. Shipments. 8tock.
Augusta, Oa
Columbus, Ga
Macon, Qa
Montgomery, Ala
Selma, Ala.
Memphis, Tenn....
Nashville, Tenn...
..
Total, old ports.
Dallas, Texas
6,853
2,920
5,218
2,590
2,980
2,712
2,211
3,454
2,716
7,128
3,064
4,629
5,530
8,660
3,189
4,300
4,306
4,899
16,637
375
103
620
1,558
823
28,744
21,289
23,863
43, £54
35,391
40,085
2,366
2,000
4,499
4,257
3,298
5,003
3,716
8,130
2,980
6.201
2,655
4,000
5,09T
5,351
4,173
3,411
3,614
12,260
15^212
1,56*
2,534
2,556
2,500
761
1,583
..
349
745
577
...
2,233
3,346
898
283
Vicksburg,Miss....
2,471
3,185
3,112
8 9
337
2,840
2,453
1,285
1,012
1,278
941
932
324
3,532
1,8)4
3,552
2,561
5,351
1,032
2,930
1,084
6,536
905
731
1,799
2,909
2,593
Louis, Mo
1,906
5,037
268
517
Cincinnati, O
381
496
5,432
1,596
6,959
5,175
Total, new ports
24,994
20,278
18,028
Total, all
53,738
41 567
41,891
Jefferson, Tex.
Shreveport, La..
Columbus, Miss....
Eufaula, Als. (est.)..
Griffin, Ga
Atlanta, Ga
Rome, Ga
Charlotte, N.C.
St.
..
The above
totals
show that the old
4.C88
1,032
2,720
995
4,155
1.870
1,652
2,081
5,362
1,068
2,137
3j330
1*349
1,540
7,420
1^214
'8l£
4,106
4,195
5,561
39,336
32,320
52AH
82,940
67,711
7i,m
stocks
have
interior
increased during the week 7,455 bales, and are to-night 16.220
bales less than at the same period last year. The receipts at the
same towns have been 14,810 bales dess than the same week last
year.
Weather Reports by Telegraph.—The past week has
been almost everywhere very favorable for developing and gath¬
ering the crop, except in the northern and northeastern two thirds
of Texas, where there was, on Sunday last, an unusually severe
storm, accompanied with very high wind, hail and rain beating
Elsewhere picking has progressed finely.
Galveston, Texas.—We have had a shower on one day
week, and
and
111,000
756,000
156,000
12,500
58,000
17,000
36.250
88.250
22,000
9,000
220,000
63,000
43.000
250,380
10,000
on
this
Sunday there
northeastern
was a tornado in all the northern
two-thirds of the State, prostrating timber,
demolishing many buildings and beating out cotton in the field.
Much damage has been done, as the bulk of the crop was open*
and unpicked.
The wind was from the northwest and only
amounted to a squall on reaching the Gulf.
The thermometer
has averaged 73, the highest being 82 and the lowest 64. The
rainfall is twenty hundredths of an inch.
Indianola, Texas.—It has rained (sprinkles) on two cays of the
week, the rainfall reaching thirteen hundredths of an inch. The
thermometer has ranged from <5 to 86, averaging 75.
Picking
is progressing finely and will soon be finished.
Corsicana, Texas.—We had a very hard rain here on Sunday*
it was aa unusually severe storm.
Much damage was done tobuildings and crops. Average thermometer 68, highest 86 and
lowest 53.
The rainfall for the week is
one
inch and eleven*
hundredths.
Dallas, Texas.—We had
1874
645,000
Total visible supply.. ..baies.1,278,360
1,829,552
1,744,564
1,812,148
Of the above* the totals of American and other descriptions are as follows:
American—
Iiverpool stock
■
out much cotton.
Thus.
lrio
1116
11-2-5
11*40
1/53
11*65
11-79
receipt*
statement:
...11-69
100
200
100
100
At the Interior Ports the movement—that is the
and shipments for the week, and stock to-night, and
forth*
corresponding week of 1876—is set out in detail in the following
4,800 total April.
11-43
...11*44
11-45
11-16
11-48
11*50
11-51
11*52
1,60J.
...1/23
1.400....
..
For
balefl.
390
209
1(0
<00
100
491)
200...
900
ICO
ICO
200
*200
|V0L. XXV.
a
tremendous rain here last Sunday;,
unusually severe storm of rain, hail and wind, demol¬
ishing many houses. The storm was even more severe north
and west.
Considerable damage was inflicted on the crops, and
picking was interfered with, but is now fully resumed. A great
it
was an
deal of cotton has been lost on the ground.
The thermometer
has ranged from 56 to 83, averaging 76, and the rainfall has beei*
one
inch and forty five hundredths.
was an unusually severe storm here
Sunday of this week, when it rained very hard, with the wind
from the northwest.. Much damage has been done to the cotton,
which was mostly open ia the field.
Average thermometer 73*
highest 85 and lo west 66. The rainfall has reached one inch and
Brenham, Texas.—There
on
twenty hundredths.
New Orleans, Louisiana..—There has been
this week.
no
rainfall here
The thermometer has averaged 68.
Shreveport, Louisiana.—We have had a stoim this week and
damage done, but the weather is now favorable to planters,,
roads are good, and receipts getting larger.
Picking will end
earlier than last year.
Average thermometer 64, highest 89 and
lowest 49. The rainfall has been seventy three hundredths of aa
some
inch.
Vicksburg, Mississippi.—We have had rain on one day, the?
reaching seventy-one hundredths of an inch. The ther¬
63,000 mometer has averaged 64, the highest being 80 and the lowest
250,380 47.
Picking is making fine progress.
46,763
Columbus, Mississippi.—The weather during the week has*
10,000
been pleasant, and picking is progressing well.
The rainfall ha®
728,118 been
fifty-five hundredths of an inch.
Little Rock, Arkansas.—The week j ust closed has been delight¬
470.000
ful,
excepting on Sunday, when it rained—the rainfall reaching:
111,000
240,000 one inch and thirty-eight hundredths.
The thermometer ha®
220,000 averaged 63, the highest being 86 and the lowest 45.
Cottont
43,000
picking is progressing very satisfactorily.
Nashville. Tennessee.—It has rained on two days of the week,,
1,034,000
728,148 with a rainfall of sixty-seven hundredths of an nch.
The ther¬
mometer has averaged 57, the extremes being 47 and 67.
We>
1,812,148
have had frosts this week, but not killing frosts.
8d.
Memphis, Tennessee.—We have had rain on one day this week,
175.000
183,000
sight to-night
rainfall
the rainfall
reaching sixty-eight hundredths of an inch<
Picking
October
18
tm‘iMfin
TRE CHRONICLE
1877.]
finely, and there is a greater effort being made to
ve than to market cotton.
Average thermometer 59, highest
We had a killing frost last week, which was
74 aDd lowest 43.
emitted from the telegram.
Jfobilt, Alabama-—It has rained severely on one day, but the
•est of the week has been pleasant, and picking is making good
^
'
13,
Digressing
thermometer 63, highest 78 and lowest 52.
fifty-five hundredths of an inch.
Montgomery, Alabama.—It has rained on two days during the
earlier portion of the week, but the latter part has been «lear and
pleasant. Picking is progressing finely. The thermometer has
ranged frbm 48 to 78, averaging 63. The rainfall for the week
is nine hundredths of an inch.
Selma, Alabama.—No rain has fallen here the past week, the
weathe/being pleasant and favorable for picking, which is pro¬
ogress. Average
The rainfall has been
36 1
Aricansas.—(New Orleans Exchange.)—“Except in a few sections, where
there were heavy rains in the early portion of the month, the weather
during September is reported favorable, and in consequence ihe effect on
the plant is good.
The yield compares favorably with last yea-.”
(Memphis Exchange.)—“Averages its department at 5- per cent increase
on last year.”
We average the State at 5 per cent increase.
'Tennessee.—(Nashville Exchange.)—“ 19 report better yield than last
year, 7 a thir i more, and 4 double the yield of last year.”
(Memphis Exchange.)—We have not received the full report, but the
telegraphic summary averages the department at 5 per cent greater, if
frost does not intervene.
We average
the State at 10
per
cent increase.
Adopting the above as the intention of these various reports,
following result is obtained:
the
States.
Yield in
Percentage
Yield in
1876-77.
inc. and dec.
1877-78.
dec..
dec..
dec..
168,750
25 p. c.
13 p. c.
North Carolina
274,050
South Carolina
finely.
10 p. c.
430,200
Madison, Florida.—No rain has fallen the past week. Ther¬ Georgia
Same as last yr.
55,000
mometer—highest, 76; lowest, 62; average, 69. Last week it Florida
560,000
6 p. c. dec..
rained every day, the rainfall amounting to eight inches. The Alabama
560,000
10 p. c. dec..
639.000
575,100
cotton crop will be one-half less than last year.
The stormy Mississippi
25 p. c. dec..
weather last week injured the crop to a great extent.
433,500
Louisiana
-578,000
Macon, Georgia.—Telegram not received.
25 p. c. dec
551,250
Texas
735,000
Atlanta, Georgia.—It has rained steadilv one day of the week, Arkansas
5 p. c. inc..
619,500
£90,000
the rainfall reaching eighty-one hundredths of an inch.
The Tennesseo
10 p. c. inc..
341,000
3'0,000
thermometer has ranged from 47 to 69, averaging 68.
10 p. c. dec..
4.038,350
4,485,000
Total
Columbus, Georgia.—We have had rain on one day this week,
the
a
This gives us
the rainfall reaching thirty hundredths of an inch. The ther¬
opinion of the Cotton
crop, according to
mometer has averaged 66.
Exchanges, of 4,008,350 bales. We make no account (for the
Savannah, Georgia.—Rain has fallen on one day to a depth of
purposes of this compilation) of the changes in acreage from
ten hundredths of an inch, but the balance of the week has been
pleasant, the thermometer averaging 65, and ranging from 52 to last year, for the reason that the Cotton Exchange reports state
the yield of the State, and not the condition of the plant, as will
85.
Augusta, Georgia.—We have had light rain on two days this be seen by a reference to them.
week, the rainfall aggregating twenty-seven hundredths of an
Cotton Exchange Reports for October.—The following
inch; the rest of the week has been pleasant. Accounts are
Picking is progressing finely, and planters are are the Cotton Exchange reports for October, issued this week:
about the same.
gressing
*
.
-
sending their crop to market
78; lowest, 50 ; average, 62.
freely.
Thermometer—highest,’
Charleston, South Carolina.—During the
week we had a rainfall of one hundredth
earlier part of the
of an inch, but the
has been clear and pleasant. The thermometer has
averaged 66, the highest being 81 and the lowest 56.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3 o’clock
Oct. 11. We give last year’s figures (Oct. 12, 1876) for com
p&rison:
r-Oct.
latter part
Norfolk
Department.
The Norfolk Cotton Exchange (H. S. Reynolds,
W. Grand)', Committee on Information and
Chairman; Asa Biggs. <ind C.
Statistics) issues the following
report, covering the State of Virginia and the following Counties in Nortx
Carolina: Rutherford. Lincoln, Catawba, Rowan, Davidson, Iredell, Burke,
Wilkes. Caldwell, Alexander, Davie, Forsythe, Yadkin, Stokes, Surrey,
Rockingham, Caswell, Person, Granville, Warren, Franklin, Nash, Wake,
Hyde, Pitt, Green, Cartaret, Craven, Beaufort, Tyrrel, Washington, Martin,
Bertie, Chowan, Pasquotank, Camden, Currituck, Gates, Hertford, Northampton and Halifax.
Virginia.—30 replies from 18 counties.
very rainy and stormy
Inch.
Feet.
Feet.
Incti.
has been caused by the
little, if any, injury caused
Hew Orleans..Below high-water mark
14
5
10
3
from worms. Picking has been very much retarded, being from 10 to 12 days
Memphis
Above low-water mark
3
4
11
6
15
behind last year. The yield this year will be on an average about 175 to 200
Nashville..,. .Abovelow-water mark
2
1
3
■'Shreveport. ...Abovelow-water mark........
2
5
0
pounds of lint cotton to the acre. As compared with last year, the yield is
con idered by a few to be about the same or perhaps a little b itter, whi’e the
1
Vicksburg....Above low-water mark
Missing.
21
New Orleans reported below high-water mark of 18V1 until majority of the replies report a decrease in the yield of from 25 to 40 per cent.
Charleston Department
Sept. 9,1874, when the zero of gauge was changed to high-wate/
mark of April 15 and 16, 1874, which is 6-10ths of a foot above covers the State of South Carolina, and is prepared and issued by the
Charleston Cotton Exchange, through their Committee on Information and
1871, or 16 feet above low-water mark at that point.
Statistics, composed of Jas. S. Murdoch, Chairman, Robert D. Mure, J. W.
Cotton Exchange Crop Reports.—Of course, it is impos¬ i Lewis, L. J. Walker, J. Adger Smyth.
sible for us to give in figures an exact representation of the
South Carolina.—83 replies from 30 counties.
The
weather is reported most of the month wet and stormy, retarding the
imports of the Cotton Exchanges.
The difficulty arises mainly
maturity of the top crop where it had not been destroyed by previous drouth.
from the division of some of the States into departments, but in There has been little or no damage by worms in upland cotton; but rust, rot
and storms have injured the crop very seriously, both in quantity and quality
part also from the fact that the reports are inconclusive. As an beating out cotton ihat was open, damagiog the staple and making much,
instance, this month, of the latter difficulty, we would mention sandy cotton. Picking is reported as making good progress by 30, who s:ate
that from a quarter to a half of the crop is gathered, and very backward by
the Savannah report; in that case the committee say, with good
57, wet weather interfering. The estimates of the yield vary from 100 to 250
pounds of lint per acre, the average being 150 p uuds Nine report the yield
reason however, that at the present stage of development they
as more than last year, and 74 less from 5 to 50 per cent, the average of the
arennable to give a percentage of decrease.
But, as it is neces¬ State being 13 per cent below last year.
Savannah Department.
sary to fix on some percentage for Georgia in order that our
This
table may be complete, we arbitrarily take 10 per cent, and any
report covers Northern, Middle, and Southwestern Georgia (being all of
Georgia except the 28 counties in charge of the Augusta Cotton Exchange)
person can lessen or increase that percentage according to his and the entire State of Florida. The report is prepared and issued by the
Savannah Cotton Exchange, through their Committee on Information and Sta¬
interpretation of the report which we publish in full to-day. tistics, composed of J.H. Johnston, B. A. Hart, Clavius Phillips, J* J. Wilder
That our readers, however, may have before them in each case and L. G. Young.
the authority for the percentages used, we give first the follow¬
Georgia.—93 replies from 55 counties ;
In the early part of the month the weather was dry and warm, remainder
ing epitome of the reports of the different exchanges.
The rainy, with heavy winds for three days—18th, 19th and 20th, in the southwest¬
portion of the State. The wet season has caused in some sections a new
portions in quotations are taken from the reports ; the portions
growth, but it is too late f_sr any benefit to be derived therefrom. There has
in italics are our o wn conclusions from the reports :
been little or no damage from worms, but the storms have injured the quality,
Worth Carolina.—(Norfolk Exchange.)—“A few report the yield about and portions of the cotton open in the fields have been beaten out «nd de¬
the
perhaps a little better than last year, while a majority of the stroyed. The principal complaint is from rust, and this is very general.
replies report a decrease in the yield of from 25 to 4) per cent.” We Pickiug progressed rapidly up to the middle of the month ; since then little
has been done.
All the replies indicate a less yield than last year. In some
have averaged the decrease on the above statement at 25 per cent for the
sections the plant is in no condition to make any more, while in others it is
State.
South Carolina.—(Charleston Exchange.)—“Nine report the yield ^rowing well and making every day. On such crops so much depends upon
the immediate sea-on that is ahead of us, and the lime that a killing frost
more than last year, and 74 report less from 5 to 50 per cent, the average
of the State being 13 per cent below last year.”
appears, that no correct or even approximate percentage of decrea e as com¬
©eorgia—(Savannah Exchange.)—“All the replies indicate a less yield pared with last year can be given in this report.
th$n last year. In some sections the plant is in no condition to make any
Florida.—25 replies from 13 counties:
more, while in others it is growing well and making every day. No
n he first part of the month was dry and favorable.
During the last 15 days
correct
approximate percentage of decrease can be given yet.” incessant rains ana high winds prevailed, preventing picking. Much haa
For the purposes of our table below, we call the decrease 10 per cent.
beaten out and destroyed, and the quality of that open an 1 remaining
Florida.—(Savannah Exchange.)—“With good weather the remainder of been
in the fields much injured.
The rainy season has caused the plant to take a
the season, the yield of this State will not fall below that of last year.”
and throw ofl the fruit, br ught forward the worm, and in¬
Alabama.—(Mobile Exchange.)—“ 28 upland counties report the yield at second growth
creased the not. A month ago there was a fine prospect in this state and a
15 per cent less than last year, and 13 prairie or bottom-land counties re¬
much larger yield than last year was looked for. The damage now from
port 5 per cent mme.”
(Nashville Exchange.)Nine report the yield not so good as last year; worms, rust and storms is estimated at from 15 to 20 per cent, banners had
made good progress in picking ud to the date the storms commenced. During
-Ju al)0ut the same, and 6 from 15 to 25 per cent more.”
For the purposes of our table below we average the yield for the Slate at the wet weather work was su-pended, and much of the cotion open in the
fit-ids has been lost. It is difficult at this time to estimate either the yield,
the same as last year.
acre, or to compare it with the crop of Ja3t year. The seasons up to the
i®**®Iaaippi.—(New Orleans Exchange.)—‘‘The yield in comparison per
middle of September were more favorable than last year, and, with a larger
with last year will fall short about 10 per cent.”
(Mobile Exchange.)—” 16 counties report the yield at 17 per cent less; 1 acreage, a larger crop than last year’s was expected. It is fair to es imate,
•however, with good weather the remainder of the season, that the yield of
at 16 per cent less, and 1 same as last year.”
11. ’77.—»
*-Oct. 12, ’70.—
North Carolina and
All the replies report the weather in September as
to the injury of the plant.
Considerable damage
recent storms; some from rast and rot; very
....
ern
same or
.
or
even
*
We average
the decrease for the S ate at
liOUUiana.—(New
iO per cent.
last year, is reported to
Texas.—(Galveston Exchange.)—“The yield, as
points to a decrease of at least 25 per cent.”
this State will not
fall below that of last year.
Department
the summit of the Sand
compared with last ysar,
Mountains, and the following counties in Mississippi: Wayne, Clarke, Jasper*
Exchange.)—“ The yield, as compared
be at least 25 per cent less.”
Orleans
Mobile
with
covers
the State of
Alabama as far north ns
a
362
THE CHRONICLE
Lauderdale, Newton, Kemper, Nesholso, Noxubee, Winston, Lowndes,
Oktibiba, Colfax, Monroe, Chicasaw, Itawamba, Lee, Pontotoc* J*rentiest
Alcorn and Tishamingo. The report is prepared and issued by the Mobile
Cotton Exchange, through their Committee on Information and Statis¬
tical-composed of T. K. Irwin, chairman, Julius Butfcner, A. M. Willmarth, J
C. Bush and S. Haas.
Alabama*—94 letters from 41 counties
The weather
was
:
favorable daring the first half of the month, but wet and
stormy during the last h ilf, causing shedding and rotting of bolls, damage to
quality, and stimulating a second growth. In 20 counties no percentage of
damage is given, and in 21 the average loss is about 16 per cent, Picking has
been slow on account of inclement weather.
Some counties
report fair
progress. The yield per acre will average about 350 pounds of seed cot'on.
The yield is estimated in 28 upland counties at 15 per cent less than last year,
and in 13 prairie or bottom land counties at 5 per cent more.
making fall estimates of growing crops. We refer to the
book’
how^simplj for the purpose of giving the following table,
which
has been prepared for it and which we
publish to-day, because'
we notice some of the Cotton
Exchanges are beginning to report
the yield per acre, and these figures will, on that
account be'
useful to
readers for comparison.
our
extends back to
have not
Mississippi.—49 replies from 18 counties.
1869, but
room
for
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thirty-tv o parishes:
They report the weather during the past month as universally unfavorable
from too much rain, causing the plants to shed its bolis.
Damage is reported
from storms, rust and rot, and in some parishes from worms.
The estimated
injury is about 31
per cent.
Picking is progressing finely, and the yield, as
compared with last year, is reported to be at least 25 per cent le-s.
Except in
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following
Lawrence, Morgan,
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Limestone, Madison, Marshall, Jackson, DeKalb and Cherokee. The report is
prepared and issued by the Nashville Cotton Exchange, through their Commit¬
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Statistics and Information.
a
Tennessee.—
Of 30 replies from middle Tennessee to the Nashville
Department of the
Cotton Exchange, 26 report very favorable effect of weather upon
cotton, and
bolls opening finely; 25 damage by worms, and 3 by
K
H
.x*
in
North Alabama.—
Memphis Department
west of
the
Tennessee
River, and the fol¬
Panola, Lafayette, Marshall,
Tippah, and the State of Arkansas north of the
is prepared and issued by the Memphis Cotton
Exchange, through their Committee on Information and. Statistics, composed
of Sam. M. Gates, Chairman; J. T.
Fargason, Ben j. Babb, Chas. <G. FisUtr,
J. M. Fowlkes, David P. Hadden, A. G. Harris.
lowing counties in
Mississippi:
De Soto, Tunica, Benton and
Arkansas River. The report
Coahoma,
West Tennessee.—47 replies.
North
The majority report unfavorable
weather, rains retarding the maturity of
the crops. The average dam-ge by worm, ru*t and rot is 6
per cent. The
average of general picking is September 23. It is estimated that the yield
will be 5 per cent greater than last j
ear, if frost does not intervene. The pos¬
sible damage by frost is estimated as 8
per cent greater than last year.
The
crop is generally Inter than usual in ina urine, but will be
fully saved. The
corn crop is not so good as last yea-.
The prospective increase on the acreage
of wheat, rye and grasses is 12 1-3
per cent.
by States and Yield Per Acre for
Years—We propose to issue early in December a
cotton which will contain such a collection and
Series
on
of
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The
foregoing gives the production, both total and per acre,
named, with also the actual acreage
planted.
of each State for each year
Bombay Shipments.—According to our cable despatch received
to-day, there have been
bales shipped from Bombay to Great
Britain the past week, and
bales to the Continent; while
the receipts at Bombay during this week have been 2,000 bales.
The movement since the 1st of January is as follows. These are
the figures of W. Nicol & Co., of Bombay, and are brought
down to Thursday, Oct. 11:
^-Shipments tuts week->
Great
Con*
Britain, tlnent. Total.
Mississippi.—51 replies.
Arkansas.—54 replies.
Actual Total Yield
o
©
C
than last year.
State of Tennessee,
©
1°
a
Of 22
replies from North Alabama, 17 report the unfavorable effect of much
rain, retarding the openiog of the bolls, and 5 report a favorable effect; 10
report no damage, and 12 serious damage by rust; 19 report picking progress¬
ing slowly, in consequence of the backward season ; 16 report from 300 to 500
pounds of seed cotton per acre, and 6 from 560 to 600 puunds; 9 report the
yield not so good as last year, 7 about the sam\ 6 from 15 to 25 per cent more
?1
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iust; 18 report picking
progressing slowly and 11 finely ; 23 report from 600 to 100 pounds per acre of
seed cotton ; and 13 report from 400 to 600; 19
report a better yield than
last year ; 7 a third more, and 4 double the yield of last year.
the
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e
.iod
spunoj
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Middle Tennessee east of the Tennessee River, and the
Counties of Alabama /—Lauderdale, Franklin, Colbert,
book
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Nashville Department
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Texas.—
covers
.
-p
jod
apimoj
o.iou
H. Dreier.
least 25 per cent.
O
‘
H
Exchange, through their Committee on Information and Statistics, composed
of John Focke, Chairman, J. M. King, II. I. Anderson. Charles Vidor and
Picking is
progressing rapidly, showing that one-half of the crop has already been
picked. The yield, as compared with last year’s, points to a decrease of at
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of Texas, and was prepared and issued by the Galveston Cotton
report.
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The character of the weather and its effects on the
crops since September
1 has been favorable in 54 counties and unfavorable in 7. There has been no
additional damage to the crop by wrorms since the last
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aver¬
:
covers
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spinioj
Galveston Department
on
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a
State
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reports from 31 counties, dated
few sections \vh:re there were heavy rain* in the early portion
of the month, the weather during September is
repor ed favorable, and in
consequence the effect on the plant is good. Many complain of rust, shed¬
ding and worms, but the damage from these causes does not appear to exceed
8 per cent.
Picking is progressing rapidly, and the yield compares favorably
covers the
rH
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September 27 to October 4:
date of September 27
rH
a
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Too much rain is generally reported in the early pa't of September.
In the
latter part of the month the weather was dry and more favorable to the plants.
Considerable damage is reported in a large portion of the State from worms,
rust and storms, while in a few sections no damage has been done.
Picking
is progressing slowly, and the yield, in comparison with last
year, will fall
short about 10 per cent.
age
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Louisiana.—62 replies, of tlie average date of September 30,
answers
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H
and L. Lacombe.
Arkansas.—Thirty six
t>
?H
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Berje, E. F. Golsan, William A. Gwyn, Edward Morphy, R. C. Cammack,
from
nt
a
CO
covers that part of the State of Mississippi not apportioned to the
Memphis
and Mobile CDtton Exchanges; the entire State of Louisiana and the State
of Arkansas, south of the Arkansas River.
The report is prepared and
issued by the New Orleans Colton Exchange, through their Committee on
Information and Statistics, composed of Harrison Watts, Chairman, L. F.
Mississippi.—Seventy-seven
more:
t-
New Orleans Department
received from
The table as we have it
only include here four years, as we
we
I—I
The weather in September was the same as In Alabama, producing the
same effects ;
damage estimated at about 16 per cent on an average. Picking
has been very slow on account of wet, stormy weather. The yield
per acre
will average about 400 poilods seed cotton. In 16 counties the average yield
is estimated at 17 per cent less than last year ; in one, Itawamba, at 16
per
cent, and in one, Tishamingo, a: the same as last year.
■
[Vol. XXV.
1877
1876
-
2,000
1875
...
2,000
2/00
2,000
.-Shipmentssince Jan.l-,
Great >
Con-
Britain,
tlnent.
376,000
553,000
804,000
411,000
Total,
.—Receipts.—
This
Since
week.
Jan, 1,
788,000
926,000
2,000 1,000,000
6,000 4.016,000
417,000 1,221.600
3,000 1,213,000
373,000
From the
foregoing it would appear that, compared with last
there has been a decrease of 12,000 bales in the week’s ship¬
ments from Bombay to Europe, and that the total movement
since January 1 shows a decrease in shipments of 13S,000 bales,
compared witn the corresponding period of 1876.
year,
Gunny Bags, Bagging, &e.—For bagging there has been but
little doing since our last report, and hut few changes are to be
noted.
The sales are in small parcels for present want?. There
are no round lots
being taken that we hear of, and the general
analysis
regard to past cultivation and consumption as will, asking price is still 12@12£c. as to quality, though we hear that
we think, make it invaluable to
producers and dealers. Our parcels* might be had a shade less. Butts have been in moderate
information on the subject of weather and
growth will all be request, and we note sales of 1,000 bales, at 3£@3£c.; and these
figures are quoted by dealers at the close, with only a small
new, and furnish, if not a safe guide, certainly a
great help in demand from manufacturers.
of facts with
•
5
l
THE
13,1877.J
October
CHRONICLE.
The Exports op Cotton from New York, this week, Bhow a
decrease, as compared with last week, the total reaching 9,421
bales against 10,212 bales last week.
Below we give our usual
Cotton
Steam.
Tuesday... 5-16®—
Wedn’day. 5-16®—
Thursday.. 5-16@—
Friday
5-16®—
Market quiet
Same
Total
EXPORTED TO
Liverpool
•
Sept.
Sept.
26.
Oct.
3.
Oct.
19.
1,104
2,963
9,110
8,750
date.
10.
year.
26,436
Porta....
Other British
39,491
1,535
1,104
Total to Gt. Britain
Havre
••••••
Other French ports
91
Total French
91
2,968
•
•
•
•
9,110
•
•
•
•
871
593
3,617
371
593
3,617
200
100
360
in»
•
.Bremen and Hanover
Hamburg..
Other porta
39,991
•••
•
iM
Total to N. Europe,
1,102
'BpaiiLOportoAGibraltarAc
....
J00
1,600
5,002
389
900
5,462
2,839
&c
....
....
Grand Total
....
1,195
....
2,963
....
10,212
...
9,421
Sfrct.
Mid. Upl’ds
Mid. Orl’ns
....
34,076
Futures.
These sales
wise stated.
46,497
The
following are the receipts of cotton at New York, Boston,
Philadelphia and Baltimore for the past week, and since Sept. 1/77:
NEW YORK.
BOSTON.
PHILADELP’IA
This
week.
New Orleans..
Texas
Since
3,610
1,374
3,982
........
Savannah
Mobile
Florida
8’th Carolina
N’th Carolina.
This
week.
Sept. 1.
16,854
Since
This
Since
Sept.l.
week.
Sept.l.
....
....
....
1,896
1,243
1^318
356
15
707
10,263
1,543
3,154
5,565
836
296
825
1,808
Tennessee, Ac
Foreign.. ....
18
98
196
1,144
Total this year
15,139
56,500
Total last year.
25,956
107,399
Virginia
North’rn Porte
801
‘447
R244
5,681
2,557
90
r
595
1,197
*i62
2,133
*568
!
1,405
2,785
2,000
5,412
4,477
11.039
891
2,955
2,598
6,128
the
same
exports reported by telegraph, and published in
night of this week.
,
,
.
.
,
Total halos.
_
New York—To
Liverpool, per steamers Algeria, 891
City of Rich¬
mond, 901....Egypt, 1,511....Celtic, 1,416....Wisconsin, 1,497....
Kepler, 1,849
per ship James Foster, Jr., 683
8,750
To Havre, per steamer
Amerique, 371
371
To Bremen, per
ship Zouave, M0
’
2C0
—
To
Hamburg,
per steamer
Herder, 100.
New Orleans—To Vera Cruz,
per schooner Anita, 178.
Baltimore—To
..
Liverpool, per steamer Mayaguez, 525
Boston—To Liverpool, per steamers
Illyrian, 566
Java, 116
Philadelphia—lo Liverpool, per steamer
Sicily, 1
Total
lhe
we as
10.80?
arranged in our usual form,
particulars of these shipments,
follows:
Ham¬
8,750
New Orleans...
.
Baltimore
Boston
navre.
..
525
682
|
1
lolal
9,953
Below
Bremen.
371
•
•
•
•
*
•
•
•
•
•
•
•
....
371
we
2C0
•
•
•
•
•
•
burg.
Vera
Cruz.
ICO
i78
«...
r- -
-
•
•
•
....
SCO
....
100
173
Total.
9,421
178
525
682
1
10,807
give all nfe™ iwmyou
uisaHierB, otc., LO
vessels
carrying cotton from United States ports :
BDIEo^»i!trh$r-)’ at Liverpool, Sept. 27, from New Orleans, was in collision
so/
LO
oeby Lightship,with the bark Try (13r.), from
Newcastle, N.B.,
rigging and rail on port side carried
na7pP°rt bow smashed and
damaged
Magnolia,
str.
6 T* *°8t ^iblaoom and head £ear and is 8aid t0 be considerably
(1.C67 tons), belonging to the Savannah
Steamship Company
'Laggett, from Savannah, Sept. 27, with 929 bales
upland
Vnii-D# b3ies Sea Island cotton and general merchandise, for New
t?undered off Cape Hatterae on the 80th. Capt. Dasrgett, of str.
magnolia, reports: left Savannah at noon Sept. 27
for New York ; 28th,
j£!™.?.*avy spalls from W.N.W.; 29th, wind N.E.* moderate, at 3 P. m!
nnm!a!1ll®1an^ squally; 30th, 4 A. M., discovered vessel leaking; started
a uirCOli d not gain any7 about 5 A. M.
the fire-room floor gave
tbe water
Put out the fires; then started a gang on each
Mini™ o\n£iW1$b buckets, the pumps being choked up, and the water
all
tbe lime; at 2 p- kl. prepared to abandon her, and at 6 P.M.
Zr??A^re on board the barkStralsund (Ger.), Oehlberg, from Baltiftrri-n. i0re* and were transferred to pilot boat E.C. Knight, which
was «wPelalvar? Breakwater, 10:20 A. M., Oct. 3.
When the steamer
whpnToZd0Qed!.8be bad 12 feet °f water in hold. The M. was a s;devearSpm?imerj°-f
tons’ built at New York in 1852, and for some
ind Savannah^la Messr8* Murra7, Ferris & Co.’s line betwen this port
^Massachusetts, str., (of the Providence & Stonington Line?, from New York
Island0^,,ence’ weFl a8bore at
Part nf wln?
lentlvtA
Mose’s Point, near Rocky Point, Long
a ga e niSht of Oct. 4. The steamer struck at 12 o’clock.
thrown overboard in order to lighten her suffle-
—
—
—
—®
—®
—®
690,000
598,000
633,000
535,000
89,000
2,000
48,000
7,000
14,000
434,000
307,000
270,000
235,000
•
•
•
Sept 28.
•
405,000
Oct. 5.
Oct. 12.
43,000
5,000
7,000
...
•
•
•
•
23,000
Toes.
Wednes.
Thurs.
•
•
•
week:
Fri.
are on
the basis of
Uplands, Low Middling clause, unless other¬
Saturday.
Oct.-Nov. shipm’t, new crop, sail,6%d.
Nov.-Dee. shipm’t, new crop, »ail,6%d.
Jan.-Feb. shipment, new crop, sail,
6%©17-32d.
new
crop, sail
Oct. delivery, 6 19-32d.
Jan.-Feb. delivery, 6%d.
Oct.
delivery. 6 9-16d.
Dec.-Jan. shipm’t, new crop, sail, 6%d
Monday.
I Oct.
■
delivery, 6 21-32®%d.
| Nov. delivery,
6%d.
Dec.-Jan. delivery, 6 17-32d.
Nov.-Dee. delivery, 6 9-16d.
Nov.-Dee. shipment, new crop,
sail,
6 l?-32d.
Dec.-Jan.
6 17-32d.
Nov.-Dee.
shipment,
sail,
new crop,
delivery, 6 19-32d.
delivery, 6 9-16d.
Feb.-Mar. delivery, 6 17-32d.
Dec -Jan.
Oct.-Nov.
shipments, Orleans,
clause, sail, 6%d.
Low
Tuesday.
Oct.-Nov. delivery, 6 lt-16d.
I Nov.-Dec. delivery, 6 21-32®ll-16d.
Nov.-Dee. delivery, 6 ll-16®21-32®%d. I Dec.-Jan. delivery,
6%d.
Dec.-Jan. delivery, 6%©19-32d.
Oct. delivery, 6 23-32d.
Jan.-Feb. delivery, 6 9>16d.
! Nov.-Dee. delivery, 6 2l-32d.
Oct.-Nov.
shipments, sail omitted, 1 Dec.-Jan. delivery, 6 19-32d.
6 l9-32d.
| Oct.-Nov. shipment, new crop, sail,
Nov.-Dee. shipment, sail, 6%d.
I
6%®19-32d.
Dec.-Jan. shipment, sail, 6%d.
I Feb.-Mar. shipm’t, new crop,sail, 6%d.
Jan.-Feb. shipment, sail, 6%d.
Oct. delivery, 6 ll-16d.
Oct.-Nov. shipm’t, Orleans, Low Mid. I Nov.-Dec. delivery, 6%d.
clause, sail omitted. 6 13-16@25-32d. I Dec.-Jan. delivery, 6 9-16d.
Oct.-Nov. delivery, 6 2l-32d.
| Oct.-Nov. shipment, sail, 6 9-16d.
Nov. delivery, 6 11-lfid.
| Dec-Jau. shipment, sail, 6 17-32d.
Oct.-Nov. delivery, 6 11-lGd.
Wednesday
Oct. delivery, 6 17-32d.
Nov.-Dee. delivery, 6 17-32®$4d.
Nov. delivery, 6 9-l6d.
Nov.-Dee. shipni’t, new crop,
Oct.-Nov. delivery, 6 19-32®9-16®Vd.
6 7-lo®'«3-32d.
Nov.-Dee. delivery, 6 9-i6@17-82®54d. 0;t. delivery, H»4d.
Dec.-Jan. delivery, 6%®15-32®7-16d. Dec.-Jan.
delivery, 6 13-32d.
Jan.-Feb. delivery, 6 15-32®7-l6d.
Sept.-Oct. shipment,
omitted, 6 9-16d.
shipment?,
omitted, 6 9-16d.
Jan.-Feb. delivery, 6 13-32d.
new
crop,
sail
Oct.-Nov.
613-32d.
new
crop,
sail
Dec.-Jan.
Oct.-Nov. shipm’t, new crop,sail, 6#d.
Nov.-Dee.
6 13-32d.
shipment,
new crop,
sail,
Jan.-Feb.
shipment,
new crop,
sail,
6%d.
eail,
Feb.-Mar. shipment, new crop, sail,
6 17-32d.
shipmenr,
new crop,
sail,
shipment, new crop, sail,
6 13 32d.
Jan.-Feb. shipment, new crop, sail,
6 13-32d.
Nov.-Dec. delivery, 615-32d.
Jan-Feb. delivery, 6>gd.
Nov.-Dee. deliver}', 6 7-16d.
Dec.-Jan. delivery, 6%d.
Oct. shipments,new crop,sail, 6 13-32d.
.
Thursday.
Oct. delivery, 6 9-16d.
I Jan.-Feb. shipment, sail, 6%d.
Nov. delivery, 6 9-16d.
1 Oct -Nov. shipment, Orleans, low mid
Oct.-Nov. delivery, 6 17-32®6 15-32d. I
clause, sail, 6 21-32J.
Nov.-Dee. delivery, 6#(®l5-32®?-16® | Oct.-Nov. delivery, 6 7-16d.
13-32d.
Nov.-Dee. de’ivery, 6J*d.
Dec.-Jan. delivery,6 13-32®%®ll-32d. I Oct.-Nov. shipm’t, newcrop.'sail,6%d.
Jan.-Feb. delivery, 6%d.
I Nov.-Dee. delivery, 6 13-32®7-l6d.
Oct.-Nov. shipment, sail, 6 13-321.
I Dec.-Jan. delivery, 6 13-32d.
Nov.-Dec. shipment, sail, 6 13-32®%d. I Dec.-Jan. deliver}', 6%d.
1
Dec.-Jan. shipment, sail, 6%d.
Friday.
Jan.-Feb.
6 11 32d.
Nov. delivery, 6%'®1l-32d.
Oct.-Nov. delivery, 6 13-32®%®!l-32d
Nov.-Dee. delivery, 6%®ll-32d.
Dec.-Tan. delivery, G 5-16®ll-32d.
Jan.-Feb. delivery, 6%®ll-32®5-l6d.
Nov.-Dee. shipment, new crop, sail,
6
11-32® 5-16d.
shipment,
Dec.-Jan.
6 5-16d.
sail,
m
crop, eail,
new
Dec.-Jan. delivery, 6 5-16d.
Nov.
delivery, 6 5-16d.
Oct.-Nov. delivery, 6 5-16d.
Nov.-Dee. delivery, 6 9-32d.
Jan.-Feb.
new cron,
shipment,
Nov.-Dec.
6 9-32d.
delivery, §i*d.
shipments,
new crop,
sail,
Oct.-Nov. delivery, 6%®ll-32d.
w
BREADSTUFFS.
Friday, P. M., Oct. 12, 1877.
The flour market
[opened the week stronger, with a better and
general demand, and part of the decline noted in our last was
„
uueavonng to pump her out.
•
25,000
10,000
6,000
93,000
34,000
..(®6 11-16..@6 11-16..<®6 11-16..®6% ..<®6 9-16
®S 11-16 ..@6 13-16..®6 13-16..@6 13-16..®6% ..(®6 11-16
bow/nii
bn£ without success. She has a sharp rock beneath
o-io«,an0Lber a )°ut amidship. Wreckers have charge of her. recovered. The improvement was, however, due more
•fierion/ exi®lnatl°u of the hull by divers indicates that the damage is higher markets for wheat, and the
consequent making
endeavorimT^6 are Paany breaks in her bottom. The wreckers are
ker
Furthpr
—<3
—<3
comp.
comp
comp.
comp.
comp.
10,000
Oct.-Nov. delivery, 6%d.
Nov.-Dec. delivery, 6%®19-32d.
Dec.-Jan. delivery, 6 19-32®9-16d.
Jan.-^eb. delivery, 6 9-16d.
Oct.-Nov. shipment, new crop,
Oct.-Nov.
verpool.
Philadelphia....
100
]78
525
682
1
1
1
1
1
1
—
11,000
45,000
7,0C0
9.000
Mon.
Oct. delivery, 6 11-1 Pd.
Nov. delivery, 6 21-32d.
Mid.
The Chronicle last Friday.
With regard to New York, we
include the manifests of all vessels cleared
up to Wednesday
—
—
c.
3,000
43,000
5,000
14.000
14,000
6 9-16d.
11,378
—
—
comp.
comp.
comp.
V% comp.
% comp.
c.
1 comp. —<2
77,000
6 9-16d.
4,434
—
—
73,000
Nov.-Dee. shipment, new crop,
Shipping News.—The exports of cotton from the United
States the past week, as per latest mail
returns, have reached
10,807 bales. So far as the Southern ports are concerned, these
are
Satur.
<®6 9-16
Sept.-Oct. shipments,
omitted, 6 9-16d.
...
2,217
—
c.
comp.
Sept. 21.
83,000
Dec.-Jan. delivery, 6%d.
Jan.-Feb. delivery, 6 13-32d.
This Since
week. Sept.l
6,418
1,560
comp.
comp.
comp.
comp.
comp.
bale?.
r
....
13,877
2,000
%
%
%
%
y.
Oct* delivery, 6%®17-32®9-16d.
Nov. delivery, 6 l7-32®9-l6d.
Oct.-Nov. del., 6%®17-32®9-16d.
Nov.-Dee. delivery, 6*4®17-32d.
BALTIMORE.
becb’tb prom
X comp.
% comp.
X comp.
X comp.
X comp.
c.
%
%
%
%
—
353,000
24,000
8,000
3,000
5,000
5,000
6,000
7,000
5,000
Amount afloat
96,000
77,000
88,000
of which American.
16,000
14,000
20,000
The following table will show the daily closing
prices of cotton for the
Ml others....
Total Spain,
c.
% comp.
Forwarded
Sales American
of which exporters took
of which speculators took
Total stock, actual
do
estimated
of which American actual
do
do
estimated.
Total import ofthe week.
of which American
Actual export
•
•
c.
X comp.
Sales of the week
28,021
:
.
500
8,750
follows
Liverpool, October 12—4:30 P.M.—By Cable from Liver¬
pool.—Estimated sales of the day were 8,000 bales, of which
1,000 bales were for export and speculation. Of
to-day’s sales
5,400 bales were American. The weekly movement is given as
follows:
period
prev’us
to
as
»,—Havre.—> <—Bremen.—,
-Hamburg.
Steam. Sail, Steam.
Sail. Steam.
Sa
d.
Saturday,. 5-16®—
Monday.... 5-16®—
year:
WEEK ENDING
past week have been
Sail.
d.
the exports of cotton from New York, and their
■direction, for each of the last four weeks; also the total exports
direction since Sept. 1, 1877; and in the last column the total
period of the previous
freights the
-Liverpool.
teble showing
for the same
363
prices by holders, than from
any urgency
of demand
or
to the
up of
deficiency
THE CHRONICLE.
364
[VOL. XXV.
The Vibj blb Supply of Grain, comprising the stoefcs in,
supplies. Production is very large all over the country, but
granary
at the principal points of accumulation at lake isH
the poorer qualities are not over plenty. Rye flour and corn meal
seaboard ports, and in transit on the Lakes, the New York
have latterly been dull. To-day, the market was quiet; in some and by rail, Oct. 6, 1877, was as follows:
cases prices were cheaper.
Wheat,
Corn,
Oats,
Barley, bt„
bush.
bush.
bush.
bush
The wheat market opened buoyant and there was a partial £n store at New York
288,698 2,975,828
881.326
69 046
SJSi
22,0u0
59 000
2.200
22.000
corner” on prompt deliveries : No. 2 red winter advanced to In store at Albany.
In store at Buffalo
224,574
595,085
782,36)
51 653 qJ’S?
389,147
597,’ 104 iMt
730,235 1,273 5:0
fl 53 and No. 2 Milwaukee to $1 39, with much excitement, but tn store at Chicago
iu store at Milwaukee
339,593
55,842
284 769 so ££
55,966
a decline soon set in, and yesterday No. 2 red winter sold at
[n store at Duluth*
55.000
’
Eu store at Toledo
327,00)
6:1.000
149,030
$1 45 and No. 2 Milwaukee at $1 37. The speculation for future In
store at Detroit
347,915
10,558
1 662
'tin
107.032
delivery has been comparatively slow. Receipts at the Western Instore at Oswego*.
150,uOU
140,000
75’000 u™,
22,000
133,356
174,411
89,357
1C0195
X
markets continue excessively large, and supplies begin to accu¬ [u store at St. Louis
En store at Boston
187,872
20 436
off
80,926
258,522
205,479
2,060
10,300
109 943
mulate on the seaboard. To-day, there was no essential change; In store at Toronto
In store at Montreal
223,037
278,520
59,632
4 048
Bales of No. 2 red at $1 47£ for October, and No. 2 spring at $1 33 In store at Philadelphia
500,000
....
110,000
2,361
97,635
130,184
11,063 ftf'nVr
In store at Peoria
@L 33£ for November.
In si ore at Indianapolis
13,584
94,008
21,325
i
Indian corn has been more firmly held, but an advance early in In store at Kansas City
91,361
112,493
11,397
2,788 lfiff
3)1,397
607,165
0,4#
In store at Baltimore
the week was not fully supported. The demand has been but mod¬ Rail shipments, week
197.178
158 648 qsii
162.503
396,369
Lakedo
weet..
-4,366.196 1,925,337
678,120
138,744 yi’iw
erate, and especially is home consumption reduced by the relative Afloat in New York canals
1,640,157 1,369,554
576,442
433,465 149$4
cheapness of oats; but receipts at the West are much smaller
Total
10,150,758 11,362,559 4,882,663 2^639 627™
than last year, and sales for[the future are at or above spot prices.
8ept. 23, 1877
8,458,949 11,238,348 3,802.933 1.489 853 579’S
993,851 597’m
7,502.1-3 10.853,172 3,369,986
To-day, the market was steadier at 59|@59fc. for prime mixed on Sept. 22, 1877
Sept. 15. 1877
6.312.205 11,034.248 2,680,931
744,635 tfft'S
the spot and 60£@60£c. for November.
Oct. 7,1876
9,3)5,655 9,707,959 2,810,047 1,970,262 711,
Rye has declined, and No. 2 Western sold yesterday at 70c., and
♦Estimated.
to-day prime State sold at 78c. Barley has been more active,
THE DRY GOODS TRADE.
there being notably large sales of No. 2 Canada West at 87c.,
Friday, P. M., Oct 12, 1877.
and to-day No. 1 Canada sold at 9oc. Oats have been moderately
The
market
has
presented few features of special interest the
active at about steady prices, No. 2 closing at 34£c. for mixed
and 37c. for white.
past week, and business continued light with the package
houses in nearly all departments.
The following are the closing quotations:
There was, however, a steady
floub.
demand
seasonable
Grain.
hand-to-mouth
for
goods, and personal selec¬
I
No. 2
« bbl. $3 25® 4 50 | Wheat—No.3 spring,busb $1 27® 1 32
87
No. 2 spring
tions, coupled with orders from the interior, were so frequent, that
l 35® 1
Superfine State & West¬
No. 1 spring
1 59® 1 41 a fair
ern
5 10® 5 60 |
aggregate distribution was effected. The local jobbing
Red
Winter
1
40®
1
48
Extra State, &c
5 80® 6 10
I Amber do
1 40® 1 50 trade was rather quiet, and reports from the Southwest and West
Western Spring Wheat
White
1 47® 1 55
extras
5 90® 6 20
58® 60 were less favorable, owing to the continuance of warm weather,
do XX and XXX
6 25 a. 7 “5 Corn-West'n mixed, new
CO
do winter X and XX., 6 (0® 7 75 |
Ye’low Western
58®
which has to some extent checked the consumptive demand for
Southern, yellow
®
do Minnesota patents.. 7 25® 9 25 |
68® 79 fall and winter goods. Values of both domestic and foreign
City shipping extras.. .. 5 85®, 6 65 j Rye
I Oats—Mixed
32a 36
City trade and family
43 goods were fairly maintained, and the print cloth market had a
White
35®
brands
7 00® 7 75
Barley—Canada West...
85® 05 firmer undertone because of a slight advance in the staple.
Southern bakers’and fa¬
State, 2-rowed
70® 73
mily orands
6 85® 8 GO
State, 4-rowed
78®
8-> Collections are reported satisfactory in nearly all parts of the
Southern shipp’g extras.. 5 25® 6 75
65® 85
Bye flour, superfine
4 25® 4 65 Barley Malt—State
Canadian
1 00® 1 15 country, but there were disquieting rumors from San Francisco,
Oornmeal—Western, &c. 2 70® 3 10 |
85® 1 1U where the failure of a large clothing house was reported.
Corn meal—Br’wine. &c. 3 35® 3 40 I Peas—Canada.bond&free
Domestic Cotton Goods.—The exports of cotton goods from
The movement in breadstuffs at this market has been as fol¬
in
„
u
....
....
..
....
...
•
i
.
lows
...
this port, for the week ending October 9, were unusually light,
amounting to only 825 packages, of which 113 packages were
:
r—BBOE1PT8 AT NEW YORK.
1877.
.
For the
Since
week.
Jan. 1.
Same
time
1876.
w
.
SXPORTS PROM NSW YORK.
1877.
. ,
1876.
For the
week.
Since
Since For the
Jan. 1.
week.
shipped to Mexico, 102 to Venezuela, 38 to British West Indies,
982,320 32,570 1,484,805 &e. Large quantities of drills, &c., are, however, ready for ship¬
45,616
4,023
169,903
2,093
114,914
962,565 10,397,611 288,065 19,635,663 ment to China, and the exports of the next few weeks-will be on
801,379 19,931,141 610,469 13,787,144 a much more liberal scale than lately reported. Prices of cotton
784,121
129,243 1,612,309
....
....
803,168
....
9,185 goods ruled steady, with the exception of bleached shirtings,
2,711
152,955
1,623 459,618
which, being in excessive supply, were weak in some cases.
The following tables show the Grain in sight and the move¬
Four-yard brown sheetings are closely sold up and firm, bat
ment of Breadstuff's to the latest mail dates:
heavy standard sheetings were only in limited request. LowRECEIPTS AT LAKE AND RIVER PORTS FOR THE WEEK ENDING
grade cotton flannels were fairly active,- and there was a steady
OCT. 6. 1877, AND FROM JAN. 1 TO OCTOBER 6.
Corn,
Flour,
Wheat,
Oats, Barley,
Rye. hand-to-mouth demand for colored cottons. Prints continued dull
bbls.
bush.
bush.
bush.
bush.
busb.
in first hands, but were jobbed in fair quantities.
Print clotkf
At—
(196 lbs.) (60 lbs.) (56 lbs.) (32 lbs.) (48 lbs.) (56 lbs).
were
in
moderate
demand
at
a
slight
advance
upon last week's
Chicago...
44,035 1,279,430 1,144.344
520,349 266,952 64,287
Milwaukee
58,177 1,478,164
31.55)
56,870 173,220
14,9*0
235,506
...
3,523 quotations. Extra 64x64 spot cloths closed at 3 ll-16c.,
Toledo
1,S70
277,352
48,224 .
12,877 287,432
25,577
2,775
Detroit
1,997
and that price was offered, and in some cases declined, for con¬
Cleveland
1,568
10,433
10,150
33.450
1,200
400
St. Louis
33,950 177,826
203,773
59,540 .7,955 tracts to January. Ginghams and cotton dress goods were iff
144,767
Peoria.
2,010
16,000
105,409
161,709
25,700
16,400
steady request and firm.
Total
154,487 3,526,637 1,732,720
989,937 529,387 107,485
Domestic Woolen Goods.—Men’s-wear woolens were in light
Previous week
147.891 3,582,596 1,965,718 1,167,888 499,706 322,906
demand
by the clothing trade, and cloth and dry goods jobbers
Corresp’ng week,’76. 130,566 2,213,017 2,684,828
872,036 5S3.223 123,838
*75.. 127,284 2,628,768
784,922
954.807 637,667
71,358
paused
in
their operations, because of the continued warm
lV>t Jan.ltO Oct. 6..3,312,633 32,533,355 65,120,344 18,608,627 5,216,862 4,267,088
that
1876
3,S22,303
37,133,678
62,353,139
19,092,698
4,418,003
Same time
1,649,304
prevailed. Low-grade cotton warp and all-wool
Same time 1875
3,390,398 45,307,563 38,567,754 18,033,725 2,990,714 2,178,398
and
suitings were in moderate request and steady, but the
Same time 1874
4,5)0,060 60,306,676 49,000,155 21,468,328 3,613,066 1,150,800
qualities moved slowly, and some disposition was
SHIPMENTS OF FLOUR AND GRAIN FROM WESTERN LAKE AND
BIYER PORTS FOR THE WEEK ENDED OCT. 6, 1877.
shade prices on large lots. Faced beavers continued
Oats,
Rye.
Barley,
Corn,
Wh^at,
Flour,
Elysians and fancy overcoatings were distributed to a
bush.
bush.
bush.
bush.
bblg.
bush.
85,439 amount by means of sales and deliveries on account of
845,934 223,348
165,029 3,569.950 1,117,196
Oct. 6, 1877
848.633
291,515
59,392
164.997 2.25S235 1,638,953
Sept. 29, 1877...
hand. Worsted coatings were less generally active, but
84,820
394,891
176,659
159,518 1,551,249 2,452.633
Cor. week ’76...
866.062
188,189
69,739
145.620 1,999.384 1.(6),e84
©or. week ’75...
makes are closely sold up to receipts. Fancy repellents were
915,930
537,415
141,153
17,976
119,967 2704,792
Cor. week ’74...
63,677
622,910
318,650
fairly active, but plain makes ruled quiet, and there was
147.623 2,599,162 1,838,781
Cor. week ’73...
33,675 animation in Kentucky jeans or satinets.
725,001 464,151
Flannels were
158,963 1,919,004 1,445,924
Oor. week ’72...
small
in
AT 8BABOARD PORTS FOR THE
a
moderate
parcels
to
amount,
but
blankets mov
FLOUR
AND
GRAIN
RECEIPTS OF
slowly, and dress goods were less active.
WEEK ENDED OCT. 6, 1877.
.
Foreign Dry Goods.—There was a sluggish move“®“ ds
Oats,
Rye,
Bariey,
Corn,
Flour, Wheat,
bush.
bush.
bush.
bush.
bush.
bbls.
nearly all descriptions of foreign goods from importers n»'
At—
267,510
81,928 and the
340,510
739,118
965,703
92,918
New York
jobbing trade was quiet. Silks moved slowly, anai m
197,665
30,000
81,468
120,400
Boston
was little animation in dress goods, but prices were weii
5,500
1,200
1.550
Portland
3,680
20,349 tained. Linen goods remained quiet and white goods we
90,909
1,704
'
733,115
33,943
Montreal
Jan. 1.
2,2^1,165 2,913,316
179,257
144.927
10,071,103 19,531,764
27,223,415 19,858.212
905,690
1,276,974
3,108,433 2,826,576
8,361,759 9,(82,423
Flour, bbls.
90,213
C.meai,".
3,410
Wheat, bus. 1,051,070
Corn,
“ . 646,703
Bye,
44 . 77,664
Barley. M . 326,420
Oats....4*
474,567
.
cash,
weather
“
cassimere*
finer
manifested to
quiet, but
fair
orders od
leading
m
....
.
....
....
.
.
.
.
.
.
.
..
.
Philadelphia....
50.220
6S9,70Q
653.800
164.900
Baltimore
New Orleans...,
18,722
3£ 0.200
4.518
2,8u6
161,300
8,682
18,000
16,356
740,335
723,169
301,190
142,206
666,414
213,473
Total
Previous week..
Cor. week’76...
.
....
263,635
2,911,921
1,740,777
223,511
2.951,780
J,883.222
2,010,658
1,075,090
•
•
•
•
....
2,000
....
....
1G4,271
92,102
67,565
request, Jribbons
rea?y J311^
light reque •
Hamburg embroideries continued in steady
woolens were in strictly moderate demand,
cloths were inactive. Millinery silks, velvets and
iu fair request at first hands, and found
offered at auction. Hosiery and gloves were m
but
wear
_e
October
THE
13, 1877.J
CHRONICLE.
Importations of Dry Goods.
importations of dry goods at this port lor the week ending
Oet. 11, 1877, and for the corresponding weeks of 1876 and
1875, have been as follows :
The
jvtkbbd bob consumption pob thb wbbk ending oct. 11, 18*27.
-1875
-1876-—-1877
Value.
Pkgs. Value.
Pkgs.
Pkgs. Value.
553
869
$189,053
$330,680
$389,266
Manufactures of wool.. ..1.016
515
6S6
171,483
140,849
cotton.. 913
239,290
do
649
478
502
243,126
425,921
466,440
do
silk
669
171,436
1,723
161,673
140,789
do
flax..... 747
375
634
665
94,084
120,313
173,188
.
365
JSxports oi Leading Articles from New Wont*
The
following table, compiled from Custom House returns,
leading articles from the port of New York
shows the exports of
all the
to
principal foreign countries, since Jan. 1, 1877, the
totals for the last week, and also the totals since Jan.
1, 1877
apd 1876. The last two lines show total values, including the
,
goods
Miscellaneous dry
Total..
3,959 $1,439,6:0
— ..-.
3,231 $1,189,186
3,649
$828,785
o eo—«e» c§ w »-■ »o
3
’S »-i
eo o-<0 «
5
_
5 30
a«
Q
00 op <
*-^00 o^ro —^«o tj»o
c-^os t-Tofcise* -7co 00*06 Q'-a^aTTH c> o
GO CO 05
os
rOOiOWt-MWJjNMCOH
Ot
w
WABBHOU8B AND THROWN INTO THB XABK.BT DUBING THB
ST£THDBAWN PROM
MsnnfactureBof wool....
o*
do
cotton..
do
do
Bilk
128
171,881
429
168
68
514
372
103.837
278
29,142
212
dry goods.
Add ent’d for consumpPn
$241,893
64,636
$611,395
1.439,620
I.795
Total
thrown upon
—
.-I
549
232
Miscellaneous
3,959
$170,765
46.876
53,114
54,589
27,972
T395
$353,316
1,189,185
1,215
3,291
415
205
107
508
160
3.619
$163,134
60,949
97,181
76,487
23,655
4*^o*’"2S
—.
4.506 $1,542,502
silk
do
do
flax
Miscellaneous dry
goods.
60.362
55,829
98,541
119,520
39,524
84,339
99,603
12,584
3,959
3,291
W
I
‘
rr
—1
»—
Ot
c—
•
•
'
£•
$364,070
1,189,186
1,163
3,619
•
® aacossoo
$131,132
46,935
I*
•
93,789
59,566
25,731
.
.
Earthenware-
11,419
14,216
31,449
241,793
28.214
223,571
28 217
27,831
b,38?
5,280
7,345
12,394
21.931
Blea. powders...
Cochineal
Cream Tartar...
Gambier
2,950
<3^0*0
*011, Olive..;
Opium
8oda, bi-carb—
'
50,715
Sodaash...
#lax
46,879
4,222
4,935
4,716
Hnnny cloth
Hair
2,344
107,3S9
Hemp, bales
Hides, &c—
Hardware
-
Lead,pigs
Spelter, lbs
Steel
Hides, dressed..
India rubber
Ivory
Jewelry, &c.—
Jewelry
Watchee
Linseed
Molasses
1.345
4,895
Tin, boxes
Wines
3,071
3,150
583
687
99,926
65,242
763,206
821,064
970
Lemons
4,770
Oranges
Nuts
1,277
Raisins
2,192
103,595 Hides, undressed..
1,253
3.S76
46,089
32.S02
568
1,831
2,188
2,175
369
449
278,373
469,697
83,878
93,288
29,601
35,750
673,826
309,265
....
40,279 Fish
43,422 Fruits, &c.~
„
100,534
51,985
Corks
23,294 Fancy goods..
3,339
103,822
$
945,220
31,904 Cigars
$
1,102,190
38,322
852,527
324,102
838,667
902,801
1,202,332 1,206,578
637,0 iy
734,794
•
o
•
•OJJ'-t• TT O N H
*
*
•
op
nf
CO
05
CO
-Cl-
k3
■
O
to
•
*
.
-co
.
Wheat
Corn
Oats
“
“
IRye
“
5Barley<femalt “
Grass seed...bags
Beans
bbls.
Beas
bush.
Corn meal., bbls.
Ootton
bales.
Hemp
“
Hides
No.
Hops
bales.
i^&'ber
sides.
Molasses
hhds.
Molasses
bbls.
Naval Stores—
Crude turp..bbls.
Spirits
turp
«
Rosin
“
Tat
h
4,610
2,281,165 2,913,316
In,071,103 19.531,764
27,223.445 19,858,212
8,360,759 9,082,423
1,276,974
905,690
3,108,433 2,826,576
107,8c0
94,718
59,660
74,403
217,562
832,664
179,257
144,927
430,890
557,065
5,964
2,399
2,697,195 3,003,138
49,136
47,689)
68,69*
2,758
64,556
311,5*8
19,975
—<
•
•
0550
N
•*-»t-eo
.osr-otos
• *1 *1
OO
•
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.
05 if5 »rt
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.Clf
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co
co
.con x) 0 —•
22
• T-t Ot C* OO iH 05 C*
.o5c*ro
fe^^coco
^
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• co
•
369
>o
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.
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at
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30
c.l
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23,364
468,818
39,641
Logwood
Mahogany
•
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•
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--D^U-lOS-tfun
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05
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of oT
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£.3
cct
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50 1C
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•
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•
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.
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•
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•
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.
os~05
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d
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-
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356,973
vo in •**
03
®
Woods—
Cork...
Fustic
•
‘
•
tn
944,130
9,277,304 5.801,917
249,735
159,816
318.609
O 00
.0* TJ1
.
»0 I-H
05
■
-
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*
105,128
419,169
342,799
40" *
33
i
,
>
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^
05
.
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n
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a®
:
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:
:
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■
r-
O; ®
•
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*
05
T—«
132,227
330,5a
71,674
534,661
37,124
Produce*
.-o
.
.
f—
,
•
,
:S :
.O
.
•
.
.
.f-
-tT
•
•
•
•
•
•
•
• oO
•
o 05
.
.0
f- —
a* O
.
.(M
•
.
r-
ci>
<dco
1
d <-
.
o >0-c*
j£
3 of ‘eo — as
®
r?rrj0o^
3--<
f 5* •“)
C- O
coom —• t* eo co
IO 50
-«< T*«
CO .
.S-cwomo
►'|2 :§-o5
•
WlN'C’W'.^O
■
a
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oo
^
t-ao
05 co TJ1
50
—
CtU3?’3l
O®
li
CD
:
sg
Same
Since
Jan. 1/77 time 1876
Pitch
Oil cake
*-• —1
CO y-t
:5 : :
Ginger
Pepper
Saltpetre
.bbls.
.pkgs.
Oil, lard... ..bbls.
Peaiuts
3,186
248,240
15,068
dS qj»ao05
?««'
gs
•*
46,460
986,824
964,243
f O
f CO
ao os o eo
1—* •—
•—
.*o50c~ao
.0!0o»e 3
«®«VN
C N
o CO w
* s'
•^edefgef
*-•
Qw
50
4.1
co 05
o’er
3,094
353,769
7,746
80,139
'
10
jo r—
•woofOco
•
so
5
to -r
00
^
a
.0
-N-
.©)
:S
.
■
“
*72 o 7C
-
*0
•
CO
jo
05
9CQ 3?«o
®
w
cc_-t — 05^ :) —^ao
c-^
0
00
o-#q
O 50 05
(0(0
00 00
W
lO
tc-k^
CO
Provisions—
Butter.... pkgs.
ii
Cheese....
Cutmeats
(i
Eggs
ii
Pork
Beef
Lard
Lard
Rice
Starch
Stearine
3,335,049 3,092,348 Sugar
456
09 <
—•
P.C-
182,736
Same
Jan. 1/77 time 1876
bbls.
bush.
t- to 50 co -»<
co 33
,t-<0
>--05
,(MO
d*S
80.105
Since
Flour
OO
£<*o»eg--coco-^i»rf5oQ«<
•
‘
5,554
C; 05
* »»
O*
•WOiQcO»-'vNcOM1Ov
:S
CORN
•
pkgs.
Breadstuff s—
««
*®
.
•
ad
f
*4
Cassia..
in 1876, have been as follows
Ashes
£182*200*0fvscoeo05to
© w oo a* go sc 05 ■*? ot oo O co
OON
oq
receipts of domestic produce since January 1,1877, and for
same time
•OCOiOrtTrrHflDiOCOri'tfN
‘
«h
<jhe
•
*
o 00 r-a «o
oTo*
.OCOW.O
•
.
563,091
Spices; &c.—
Receipts or Domestic
The
05 T> t— COCO
•
•noWnO
no
38,529
42,066
803,981
703,317
8,428.669 6,73$,818
Rice
Bristles
•
O
CO CD
4,018 Wool, bales
2,698 Articles reported by
value—
1,032
93S
18.757
Soda, sal..
Jurs
28.636
3,990
1,086
33,264
Madder
CO
■
•
•
±Ji2 9*tr ' * '
flc*
Tin slabs.lbs...
4,244
44,419 Paper Stock
151,105
112,833
21.098 Sugar, hhds, tcs. &
bbls
524,024
482,284
1,068,036
2,962 Sugar, bxs & bags. 2,318,240 1,579,637
Tea
665.773
7..
730,837
46,234
42,496
26,517 Tobacco
710
437
21,245 Waste
4,069 Wines, &c—
388
65,24!
75,731
Champagne.hkt1.
50.373
3,901
Gam, Arabic—
Indigo
.
•
r-CO
ti 3 «CO
5 flf w
Metals, &c.—
Cutlery
and
’
«o*»
CIJ T M a -o
<M
cL
.
* ?2S
.
'•GOt
>1X2c6-«''^''05'o5*cd’o
cl)'C05
o—
1,423,303
3,873
tfco'Voo
©
co eo -a* co o or
o oci-ioi-t
ao —
»o o
_I SO »
Since
Same
Jan. 1,’77 time 1876
Same
Jan. 1,’?7 time 1876
54,086
19,430
©Tr-T
«
$357,204
828,785
4,812 $1,185,989
4,389 $1,553,256
Since
Coal, tons
Cocoa bags... ..
Coffee, bags
Cotton, bales
Drugs, &c—
Bark, Peruvian..
.
•
«0 -riOl-.^-CONJ20l-Oi-<aO
«
port. 5,310 $1,917,028
Hattons.
*
S3 ® C* ® 01.)
O 1.-T-*
®‘Ew
following table, compiled from Custom House returns,
ahows the foreign imports of leading articles at this port since
January 1,1877, and for the same period in 1876:
[The quantity is given In packages when not otherwise specified.]
China
Earthenware....
Glass
Glassware.....
Glass plate
•
—
O
384
185
89
317
183
The
Ohlna,. Glass
SO
aoc»
t-
h.
Imports of Leading Articles.
*■
SO
:S!05
gSvS8
o
„
Add ent’d for consumpt'n
ffotal entered at the
$111,715
1,098
of
-
1
$421,359
8*8,785
co”S^i
S3*S ■**toto xsaSaao
O B«
V M
5,044
$159,461
$477,403
1,439,620
1.351
Total..*
~
c*
BNTBBXD POB WABBHOU8ING DUBING SAME PBBIOD.
370
205
89
453
234
:nCT5* 222i2
^ ** JCOOIOW J N S3CO W O
13
ro’k’t. 5,754 $2,051,015
Manufactures of wool....
cotton..
do
'
04
8AMK PBBIOD.
„
•
CO *-*
Sugar
40,ns Tallow
ii
ii
ii
pkgs.
i%
U
.bbls.
.hhds.
.pkgs.
^
44
Tobacco....
2,930 Tobacco.... .hhds.
60,609» Whiskey.... .bbls.
bales.
305,070 iWool
15,585 iDressed hogs. .No.
1,769,129 1,636,401
761,582
395,498
140,935
29,590
311,498
32,150
27,427
279,835
15,374
387,851
128.613
71,807
O
^
2
octOjOcoO^
CO rl t*0
co
c*
•?pC5CO'^PfT^—<t-0<MO)OCOO» 25^
5£^w*o®»aoa5®coio-~®
Jw®
r-1-os ao «•
r,'®5o‘ao-T?—Tx3C>
t-c-rfravsn-M
.-•C)
Or1®«
n o» c
o
ttco
“
d)
•-.
n
18,235
423
61.203
^
ec^»o^.-0 50 'O, .to
'ordiHo'oiSei'SJN
'a2rt2;3tif*
^
.
284,903
8,784
47,952
85.483
»1 C«
CO 05 -O
.:-gtgjg^r*§o5,aj
eo-a^c-
260,367
16,299
29,875
12,626
53,914
165,733
118,400
.
h«3SojooS«o
}>h
453.781
726
88,178
J
176,007
106,014
104,156
62, 91
85,543
11!'Soj
I g| all § S|^|l is.ll m llllpll hi
igtps:*
v
*
•
:
I
*-m
d
*
® «
: o
* a
ft
2
:
o
O
P
i
S3
366
THE CHRONICLE.
UENJERAL
GUNNIES.—See report
BUILDING MATERIALS—
Bricks—Common hard,afloat..V M
Croton
4%®
2 23
Philadelphia
Cement— Rosen dale
Lime— Rockland, common....ft bbl.
Rockland. finishing
Lumber—Pine,g’d to ex.dry.fi M It. 45
18
Pine, shipping. box...
do tally boards, com.to g’d,each.
Oak
VM. It. 33
Ash, gool
33
Black walnut
SO
Spruce boards* planke, each
Hemlock boards, each
Maple........
V M. ft. 30
Kails—10@60d.ccm.fen.<fc sh.fi keg
Clinch, 1% to Sin. & longer
4
80
&
a 1
@ 70
22
a
a 40
a 38
_
:...
00
90
23
00
00
22
16
00
Cutsplkes,allsizes
Faints—Ld.,wh.Am,pure. In oil fi ft
Lead,wn., Amer., pure dry
Zinc, wh.,Amer. dry. No. 1
Zinc, wh., Amer.,No. 1,in oil
Paris white. Er.t., gold.... V 100 ft.
2
5
4
2
0
&
....
Sdflne
13
00
00
33
oo
00
@100 00
a
28
&
18
@ 35 00
00
25
9
50
23
75
73
a
*8*
J*a
6
a
9
1 65
a
a
7
10
1 70
BUTTER— New—{Wholesale Prices)—
Dairies, pails, g’d to p’me State ¥ ft.
2’ 0
26
West’n fact’y, tubs, g’d to ch’oe “
14 9
19
H’i flrk.,tubs,State,l’r to prime “
20 9
21
Welsh tubs, State.com. to p’me “
20 9
23
CHEESE—
State factory, fair to choice
ft
10
f(
13
9
Western factory,good to prime.. •*
11 0
11*
COAL—
10 000 11 00
Liverpool gac cannel
Liverpool house cannel
13 003 14 00
Anthracite—
Penn.
D.L.&W. D.&H. P. &R. L. * W.
Port
New York1
Johnston.
Bt’mb...
$4 25
....
....
Grate...
3 25
....
....
Egg
....
3 35
Stove...
Ch’nut..
3 45
3 35
13 25
3 25@3 40
3 25@3 40
3 5(’@3 65
3 0.@3 15
...
...
....
COFFEE—
Rio, ord. car.
do
do
do
60and90 days.gld.fi ft
gold. •*
do
do
gold. “
do
gold. “
fair,
good,
prime,
Java, mats
Native Ceylon
Mexican
Jamaica
Maracaibo
Lagnayra
8t.
Domingo
Bavanilla
Costa Rica
gold.
gold
gold.
“
“
•*
gold,
gold.
gold
gold.
“
“
“
"
“
“
gold.
gold.
16
a
@
....a
16%
is*
19*@
20
a
26
22
lju
21
1P%@
17* a,
17
20
19%
13*
2 %
a
13%
16 @
17
17%@
17
20
21
a
COPPER—
;
Bolts
$ ft
@
@
@
17% 3
Sheathing, new (over 12 oz;
Brazlers’(over 16 oz.)
American Ingot, Lake
so
23
20
18
COTTON—See special report.
DRUGS & DYES—
Alum, lump, Am
Argols,crude
Argols, refined
Arsenic,powdered
"
Bicarb.soda,Newcastle.^ 100 ft “
Blcbro. potash....
fib cur.
Bleaching powder
¥ ICO ft. “
2% ®
is
a
**
4
12%
1 45
27 50
_
26%@
SO
Castor oil, E.I.lnbond. fgal..gold.
4 20
Caustic soda
fi 100 ft
18
50
Chlorate potash
“
60
Cochineal .Honduras, silver...
55
Cochineal, Mexican
"
25
Cream tartar, prime Am. * Fr.
“
Cabebs, East India
cur.
gold.
“
cur.
Catch
Gambler.
Ginseng
Glycerine, American pure
Jalap
Licorice paste,Calabria
Licorice paste,Sicily
“
"
**
“
kicorlcepaste,Spanish,solid.. .gold
9
9
4 30
9 19 to
9
9
Cl
32"
8*3
5%a
8*
6%
4*3
is
a
a
a
a
a
@
20
2t
40
25
26
Madder, Dutch
“
«%0
Madder,French, E.X.F.F
“
5 9
Nutgalls,blue Aleppo
cnr.
19 9
Oil vitriol (66 Brimstone)
2 00 @
“
Opium, Turkey ....(in bond), gold. 4 00 9
Prassiate potash,yellow, Am..cur.
22 9
Quicksilver
gold.
52%0
Quinine
2%
12*
4
Brimstone, Am. roll ......fft..cur.
Camphor refined
22
30
cur
3
1
30"
21
3 40"
1 50
1 30
25
1 87%
19
8
Rhubarb, China,good to pr.... “
50 9
Sal soda, Newcastle. .V100 Tb, gold
1 25 9
Shell Lac, 2d & 1st English. V ft.cur.
21 9
Soda ash
f) 100 ft. gold 1 75 9
Sugar of lead, white, prime,¥ Ibcur
9
Vitriol, blue.common
“
7*0
fibhGr’d Bk.A George’s (new) cod.f qtl. 4 75 9 6 00
Mackerel, No.l, vf. shore
pr.bbl. 20 00 9 22 CO
Mackerel, No. 1, Bay.. .
None.
Mackerel,No.2 Mass, shore (new). 12 00 © 13
None.
Mackerel, No. 2, Bay
FLAX-
River,prime
V ft
fruit—
Raisins,Seedless
per 501b.irall
do
Layer, new
do
Loose Muscatel, new
North
,
do
London layers
do
Valencia, new
Currants new
Citron,Leghorn
,
Figs, layer
CantonGlnger.wh.& hf.pots.fi
Sardine*, $ half box.
Sardines $ quarier box
Macaroni, Italian........
case.
...
f) lb
Domesti c Dried—
00
do
fi ft
do
quarters....
..State, sliced
do
do
1 60
6%@
„
.
French
Apple1, Southern, sliced
9
9
9
@
s%@
Prunes,Turkish fnew)
do
Da*es
...9
8 15
l 85
quarters
Peachep, pared, Ga.priir e & ch( ice.
do
unpared, halves and qra...
S 25
1 90
1 SO
*?k
6%
16 9
16*
g 9
8%
jNomina1..
5 9
7 %@
6 50 9
00
20
I3%a
@
13%
12%@
14
iV
5%3
4%<3>
&
5%3
Raspberries
6*
1
i*
7
OJ
Cherries
Plums. Srate
Whortleberries....
10
;
•*
270 00
...fib
00
00
00
on
7
0
.9
4 9
5>J
-•
Jute
“
6*
HIDES—
Dry—Buenos Ayres.selected.ffbjold
Montevideo,
do....
do....
Corrientes,
**
Rio Grande,
**
do....
do....
**
Orinoco,
California,
do....
**
Matamoras.
do
22
18
13
15
13
Matamoras
..
dq...
Savanilla,
cur.
do....
gold
WetSalted—Buen. Ay, selected
Para,
do....
California,
do....
Texas,
“
“
“
do....
cnr.
E. /. stock—Cal. kips,slaught. gold
Calcutta kips, dead green...
“
Calcutta, buffalo
**
•28%
10%@
11%
&
io%
....9
70 9
1‘2%0
12
15
13
11
11%
14
@
0
HOPS—
Crop of 1577
V lb.
Crop of 1S75
O'ds, all g owths
INDIA RUBBEKPara, coarse to fine
Esmaralda, pressed, strip
Panama strp
esaed, strip
S
4
2
0
@
33
43
33
0
0
@
13
7
4
®
52
44
89
Carihagena, nressel
Nicaragua, sheet
Nicaragua, scrap.....
....e
42%@
40
Mexican, sh 'et
@
@
35
49
Honduras, sheet
41
@
IRON--
Pig,American, No.l
Pig, American,No.2
Pig, American, Forge
Pig, Scotcn
fi ton. !3 f0 & 2 ) 00
17 0U 0 19 (10
16 50 0 18 00
24 (0 0 26 59
Store Prices,
Bar, Swedes,ordinary sizes. .V ton.130 00 @132 50
Scroll
....¥» lb. 2 5-100 v
5
Hoop, %x.No.22tol&:%x.l3&!4 “
5 @ 2 8-10
Sheet, Russia
...gold.tfft
10%@
11
8heet, single,double & treble.com.
3%@
4
Rails, Amer., at "Works..^ ton, cur. 83 00 @38 CO
Steel rails, at mill
45 00 @ 47 00
LEAD-
Ordlnary foreign
Domestic, common
Bar (discount. 10 p. c.)
Sheet
ft 100 lbs, gold 6 62%@
cur.
fi lb.
“
“
“
*•
common
bide,h.,
m.
&1
rough
common
cur.
Pepper, Batavia
do
Singapore
ft ft,gold
6 75
4 37%
22%@
22%@
25
24
22%£
24
29
32
31
32
rexas.crop
SO
@
@
@
@
MOLASSES—
grocery grades.
@
0
S7
“
Barbadoes
Demerara...
Porto Rico
N. O., com. to prime
“
“
“
43
33
40
“
41
....
38
@
@
9
@
9
....
48
46
60
53
NAVAL, STORES—
Tar, Washington
ft bbl.
Tar, Wilmington
“
Pitch, city
“
Spirits turpentine
¥ gal.
Rosin, strained to good strd.ft bbl
*•
low No. 1 to good No. 1
“
low No. 2 to good No. 2
“
“
low pale to extra pale..
“
window glass
“
“
**
2 25 0
2 37%3
2 25 0
£5%<g
@
2 12%®
,...@
2 50
@
4 50
@
Almonds, Jordan shelled
ft lb.
30
@
@
@
@
@
4
Sicily
11
12
Walnuts, Naples
Pecan
5
2 50
2 50
....
1
2
2
4
5
80
37%
00
(0
do
55
4%
11*
City, thin oblong,bags, gold, ft ton. 85 (0 9
Western, thin oblong (Dom.) cur “ 33 00 0
..[[
OILS—
Olive, in casks ¥ gall....
Linseed, casks and bbls..
Menhaden, crude Sound.
Neatsloot, No. 1 to extra.
Whale,bleached winter.
Whale, crude Northern..
Sperm, crude
Sperm, bleached winter.
Lard oil. Noe. 1 and 2...
r.
.0
41
Sv
46
46
46
.
66
1 15
58
42
65
67
eo
1 10
PETROLEUM—
Crude, In bulk
Cases
6ft
Refined, standard white.
46
Naphtha,City, bbls
54
1*8
0
@
0
60
45
90
0
■
66
0
50
1 20
0
0
9
0
62
1 12
1 40
65
.0
@
.0
7 0
8%
20
15
8
PROVISIONS-
Pork, mess.spot
¥ bbl.
0
66
Pork, extra prime
0
66
Pork, prime mesp, West..
9
•6
Beef, plain mess
@
66
Beef, extra mess
13 00 0
Beef harns.W. sum &wln. cured “
12 00 0
Bacon, City long clear...
8*0
Hams,smoked
13%®
Lard, City steam
“
a
..
RICE—
Carolina,fair to prime
ft ft.
Louisiana, new, fair to prime..
“
“
Rangoon, in bond
Patna, ex duty paid
“
SALTTurk’slsland
bush
St. Martin
;
Liverpool .various sorts
ft sack.
14 45
12 25
14 00
IS 50
13%
9*
7^
6^
8%@
s%
....
@
@
110
@
30
85
2 50
Clover,Western...
...ft ft.
8*J
9
Clover, New York State
@
Timothy
ft bush
@
1 49
Canary, Smyrna
@ 2 05
Canary, Sicily
@ 2 50
Canary, Dutch
@ 2 12%
Hemp,foreign
1 50 @ l (O'
Flaxseed, American, rough..,
@141
Linseed, Calcutta
ft 56 »_ gold. 2 00 @ 2 12%
Linseed, Bombay
ft Sf B gqld
@
....
....
25*
6
12%<a
Nutmeg8,Bataviaand Penang
Pimento, Jamaica
SPIRIT8-
Brandy, foreign brands
Rum—Jam.,4th proof
St. Croix, 3d proof
@
9
@
7%
14
@
“
4 00
8 50
8 00
8 60
“
3 60
••
Irish
¥ gall.
Whiskey
@
4 00
(ft
3 25
400
®
@
390
1
18%
Store Prices.
14%@
u
English,cast,2d*lstquality ftftgold
English, spring,2d & 1st quality.. "
English blister,2d & lstquallty.. “
“
English machinery
English German,2d * 1st quality “
6%@
9
cnr.
American castsprlng
American machinery....
American German spring
9
»%@
io%@
lox
....0
....0
...0
....0
..0
16
9
10
.
SUGARInferlorto commonreflnirg....ft ft.
F ir :.
“
Good refining
“
’X9
...
S%@
3%@
5
cut loaf
“
“
...
“
10
9
9*
9%
9%a
8% a
**
“
“
..
F
9*0
“
“
•
9
7%@
1O%0
10*@
10%@
n% a
**
“
Coffee, A. standard.
l*
8%@
•*
Hard, powdered
do granulated
*
@
7%@
“
“
...
8%
8%
-...
.
...
7*
....0
0
0
8 0
Prime
“
Porto Rico, refln fair to prime “
Boxes, c’ayed, Nos. 10@12....... : **
Ce itrlfugal, Nos. 7@13
“
Melado
’*
Manila, sup. and ex. sup
"
off A
do
White extra C
Extra C <'0
Yellow C
Other Yellow
Molasses sugars
89
2 13 @
....0
....
American blister
American cast, Tool
B7%
18%
@ 17 00
8 00
Domesticliquors—Cash.
Alcohol...
«f
@
75
“
“
Whiskey, Scotch
80
85
13
86
X-—gold.—
3
¥ gall.
Gin
do
22
21
22
6%@
Cloves
do
stems
do
12%
@
@
@
@
20
21
7
do
Calcutta
Mace
9
s%@
8*
6%
TALLOWPrime city
Western
¥ ft.
7*@ 7 13-16
**
TIN—
gold, ft ft
Banca
Straits
17*3
“
English .refined...
Plates. 1. C., coke
15%3
15% 3
“
f»bx g d.
'
“
Plates.char.terne
i
62%@
00
0
18
16
16
5 75
6 25
TEA—
to fair
Superior to fine
cur.fift
Hyson, Common
do
do
do
22 0
27
30 0
87
40 ®
47
Nominal.
21 @
26
30 0
40
47 0
57
82
67 9
24 0
82
87 0
45
52 0
62
65 0
85
23 0
28
40
32 0
44 0
52
28
13 0
23
21 0
Extra fine to finest
Choicest
Young
Hyson,Com.to fair
Super.to fine
do
do
do
Ex.fineto finest
Choicest
Bunpowder, com to fair
do
Sup.to fine.do
do
12%
12
10%
....
12%
Batavia
«)
8%@
Cotton seed, crude...
6
Ginger, African
NUTS—
Brazil
Filt erts,
12%
6 00 @
5 67%®
21
Refined—Hard, crushed
27
5
white
8
Oak, rough
6 00
SPICES—
@
Slaughter crop
Cuba, claved
ft gal
Cnba, Mu8.,refin.gr,ds,50test.
“
100 ft.gold.
Batavia. Nos 1!’@12
Brazil. Nos.9@ll
26
30
do
Foreign
..
California, h., m. & 1
@
@
SPELTER—
7
&
None.
None.
....
....<&
...
LEATHERHemlock. Buen, A’res, h.,m.&
“
4 25
4 50
8TEEL—
37%@
325
...
Cassia, ChinaLlgnea
19
14
17
74
'l*
....0
Q
“
Usual reel Tsatless
Usual reel Tavaaams
Re-reeled Tsatlees
Re-reeled Cotngoun
do
@
0
0
@
0
8
10%@
SILK—
*22 %@
“
p
100 lb.
21
9
0
9
23
22
21 %@
Dry Salted— Mara’ho,as they run “
Guayaquil,
ft ft
Crude.........gold
Nitrate soda
Domestic,
23
8EKDS—
6
5%3
8
"
OIL CAKE—
'll*
0215
@135
@210
@275
gold.205 90
28"
5*
60
9
130 00
OAKUM—Navy,U.S. Navy* best ftlb.
20
2 50
55
V ton. 175 00
25
2S
Refined, pure.
V 100 ft
per
Italian
Manila
Sisal
do
fi ft cur.
gold.
“
...
Russia,clean
a 4 50
a io oo
a 27 oo
8 UO
23 00
$ bbl. 120
SALTPETRE—
;
HEMP AND JUTE—
American dressed
American undressed
A.SHK8—
Pot, first scit
f» n>.
BREADSTUFFS—Seespeclal report.
under.Cotton.
£AT—
North River shipping
PRICES CURRENT
[Vol. XXV.
Ex. fine to finest
Choicest
Imperial, Com. to fair
uo
Sun.to fine
do
Extraftnetoflnest
Hyson Skin.* Twan..com. to fair.
do
do
Sup.to fine..;
do
do
Ex. fine to finest
Uncolored Japan,Com. to lair
do
Sup’rtofine
Ex.fine to finest
do
Oolong, Common to lair****
do
Superior toflne
do
do
Ex fineto finest
Choicest
8up’rto fine
Ex. fine to finest... >...
TOBACCOJ
;
Kentucky
lugs, heavy....
“
leaf,
Seed leaf—New
*Vft
•*
....
Eng.wrappers’Tl-^S
do
fillers,’74-’IS..
Pa. assorted lots, ’Ti-’TS
,i
Yara, assorted
i.....
Havana, com.to fine....-.'.
bond, black work.,,..
Manufac’d.in
••
“
bright work........
♦«
WOOL—
American XX
American, Nos. 1 & 2
5
0
12
<a
Am.Merino, unwashed
Cape Good Hope, unwashed
Texas, fine, Eastern
Texas, medium. Eastern....
Smyrna.unwashed....*.
gold.
L0
TA
@
18%@
21
21
0
44
89
®
0
0
49
45
57
40
25
28
23
13
13
30
29
27
25
17
Burry
fl
15
25
95
1 15
20
........
Fair.....
Interior
@
0
32
@
0
26
22
17
83
83
82
30
0
0
0
0
0
9
.18
V ft.gold.net
FRE1GHTB—
To Livxbpool:
Cotton
Flour
4P bbl.
Heavy ffoods. .Vton.
10
@
@
@
82
49
87
California. Spring ClipSuperior, unwashed
ZINC—
Sheet, Foreign
do
Domestic
S
7
9
@
f*ft
American. Combing....
Extra, Pulled
No.l, Pulled
South
0
@
0
0
@
@
20 @
82 @
47 0
.
8ouc.& Cong., Com. to fair
do
do
21
82
43
22
82
45
65
Corn.b’lk & bgs. ¥ bn.
Wheat,bulk* bags..
Beef
^ tee*
Fork...
fibbl.....
cnr,
—
SAIL.
STXAM.
8. d.
8.
d.
s.
d.
5-163....
8 6
25 0
@....
@40 0
8*®....
9% 4 ...
6 0
4 3
(A....
0...,
29
26 3
8
'
8. d.
% comp
9
...
£0 0
0?.... '
S% *C .... |
..,.0 ...c
...vti
J
,
0
@FedFRASER