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HUNT'S MERCHANTS' MAGAZINE.
REPRESENTING THE COMMERCIAL AN D INDUSTRIAL INTERESTS OF THE
UNITED STATES
VOL
NEW
25.
YORK, OCTOBER
Financial.
Financial.
R. T. Wilson
THB
National Bank-Note
(INCORPORATED NOVEMBER,
BANKERS
2
Co.,
AND
6c
COMMISSION
Gwynne
Co.,
MERCHANTS
EXCHANGE COURT.
1
WALL
Receive deposits subject to check at sight and
allow Interest on balances.
Issue Certificates of
Deposit available In all parts of the United States and
Canada. Buy and Sell, on Commission, Gold,
ment Bonds, Investment and other Securities.GovernOffer
facilities to parties desiring to Buy or Sell
Railway
and other Shares, either cash or on time contracts
made on consignments of
Cotton and Tobacco to our address also to ourlriencs
In Liverpool and London.
Government
STREET,
NEW YORK.
EsoBAvnto and Pbintiko op
BANK-NOTES, STATE ANT) RAILROAD BONDS,
POSTAGE AND REVENUE STAMPS,
CERTIFICATES, DRAFTS, BILLS OF EXCHANGE,
AND COMMERCIAL PAPERS,
M. K. Jesup, Paton 6c Co.
No. 52
Bonds, Stocks, Commercial Paper, Gold, &c, bought
and sold on Commission.
Act as agents for Corporations in paying Interest
Coupons and Dividends, and also as Transfer Agents.
Dividends, Coupons and Interest collected and
Maverick National Bank
HOSTON
Capital,
.
-.....
•
Surplus,
Special attention
given
to
$400,000
200,000
COLLECTIONS,
and
prompt remittances made on day of payment,
bu8lllB" papcr discounted. Correspondence
nrtted"
12
world
&
J.
J.
1
Stuart
&
Co.,
NASSAU STREET.
33
BELFAST, IRELAND;
AND OX THS
NATIONAL BANK OF SCOTLAND.
ALSO,
BANKERS,
Lazard Freres,
|
also,
Time and Sight
BANK OF LONDON.
Bills on the UNION
Cable Tra nsfers made.
R. A. Lancaster
&
65 Pine Street,
LONDON,
On LAZARD FKERES &
Butdam Grant,
the
Transfers of
Francisco.
8
Bros. 6c Co.
BANKERS,
Wall Street, New York.
Transact a General Banking business sell Drafts on
all cities of Europe, and issue Letters
of Credit for
Travelers, available everywhere.
;
CABLE TRANSFERS.
Purchase and sale of Government Bonds, Munlclnal
and other Investment securities
Special attention given to collections throughout
*
Europe and the United states.
Platt K. Dickinson,
Howard c. Dickinson.
Member of Stock Lxch ge. Member of stock Exch'ge
Jons It. Wallke.
Dickinson, Waller
buy and
sell
166 GRAVIER 8TREKT
LNEW ORLEANS,
LA
In
San Francisco, are prepared
on commission
matlon respecting the same.
Money by Telegraph
Adolph
and San
NEW
NEW YORK,
Transact a General Banking Business.
STOCKS, BONDS and GOLD Bougnt and Sold on
Commission, and carried on Margins.
Deposits Received and Interest Allowed.
*** Accounts of Country Banks and Bankers
received on favorable terms.
stocks dealt In on
and to give
Bcissevain
6c
Inf or
Co.
AND
COMMISSION MERCHANTS,
Stone,
STRUET,
all
BANKERS
AMSTERDAM, HOLLAND.
6c
BANKERS AND BROKERS,
No. 7
Co.
Buy and Sell
on Commission Stocks, Bond and Gold.
Having been Identified with California Interests, and
PRINCIPAL CITIES IN EUROPE.
Trask
6c
BANKERS AND BROKERS,
25 BROAD STREET,
the San Francisco Stock Exchange,
to Paris
Jons Sh»isi».
CHICAGO HOUSE: HENRY GREENEBAUM* CO.
to
Circular Notes and Letters of Credit through Messrs.
AND RAILROAD SKCURITU8
LAZARD FKKUES A CO., at PARIS, payable lu any
A Specialty.
part of Europe.
Loans .Negotiated.
MERCHANT AND BANKER,
g. St.
Greenebaum
having a connection
CO.,
PARIS,
And on
WALL STREET.
No. 33
VIRGINIA 6TATE
Charles G. Johnsen,
Company,
TRANSACT A GENERAL BANKING BUSINESS
STOCKS BOUGHT AND SOLD ON COMMISSION
INTEREST ALLOWED ON DEPOSITS.
Bought and Sold on Commission
i
6c
BANKERS AND BROKERS,
Transact a general Banking Business.
DRAW SIGHT & TIME BILLS on the UNION BANK
Co.,
BANKERS AND BROKERS,
60 Broadway, New York.
SOUTHERN AND MISCELLANEOUS SECURITIES
Grant
1
EXCHANGE ON
SMITH, PAYNE A SMI Ills,
BANKERS, LONDON;
MANCHESTER A COUNTY BANK,
"LIMITED";
JOHN STUART A CO., Bankers,
MANCHESTER, PAYABLE IN LONDON;
ULSTER RANKING COMPANY,
BILLS OP
CABLE TRANSFERS AND LETTERS OF CREDIT
Issue Letters of Credit, available
In all parts of the
York.
RAILROAD SECURITIES.
R.
Kountze Brothers,
WALl STREET, NEW YORK,
BANKERS,
Street, New
SPECIAL ATTENTION GIVEN TO THE NEGOTIA
TION OF
remitted.
H.
Sam'l Phillips, Cashier.
34 Pine
Accounts and Agencies of Banks, Bankers and MerFirms received upon favorable terms.
Communications may be addressed to this
Potter, Prest.
FBKD. A. BKOWN.
cantile
Company in any language.
P.
Street,
NEW YORK.
This Company engraves and prints bonds, postage
* and paper money for various foreign
viovemmenta and Banking Institutions—South
Amorican, European, West India Islands, Japan, &c.
VAN ANTWERP, Pres't.
MACDONOUGH, VIcc-Pres't.
A. D. SHEPARD, Treasurer.
J.NO. E. CURRIER, Secretary.
Willi;, ni
BROWN.
H.
Walston H. Brown 6cBro.
Draw Exchange on Union Bank of London.
in the highest style of the art with tpeciat enfsGuards devised and patented, to prevent counter
ielling and alterations.
Asa
WALSTON
LOANS NEGOTIATED.
Accounts received and Interest allowed on balance
which may be cheeked for at sight.
United States Bonds, Notes, Currency
and National Bank Notes.
J.
J.
Securities, Gold. Stocks
and Bunds
Bought and Sold on Commission, and
EX6HATER8 OF TH8
Day,
6c
No. 16 Wall Street.
[Established 1851.]
Liberal cash advances
1859.)
642.
Financial.
;
OFFICE, No.
NO
13, 1877.
Buy and
Sell
on Commission American Securities
Holland and other Continental Markets.
Mak! Collections throughout the Continent of
Europe.
Make Payments on Letters of Credit to Travelers
and transact a general American Banking Business.
Refer by special permission to Messrs. Blakfj
Brothers * Co., Boston and New 5 ork, sod to Messrs
8.* W. Welsh, Philadelphia.
In
THE CHRONICLE
11
Boston Bankers.
Geo. Wh. Ballou.
George H. Holt,
Member N. Y. Stock Exchange
Southern Bankers.
THE CITY BANK OF HOUSTON,
Texas.
give special attention to collections on
8
WALL
STREET,
72
DEVONSHIRE
New
Boston,
York,
BANKERS AND DEALERS IN
&
Co.,
BANKERS,
No. 35
Directors.— Benjamin A. Botts. Pres't: C. S. Longcope, W. J. Hut ;h!ne. F. A. Rice, C. C. Baldwin, W. B.
Botts, Eob't Brewster.
BENJ. A. BOTTS, Pres't.
WEEM8,
B. F.
Municipal Bonds.
Brewster, Basset
J
Box
Co.,
Orders executed on Commission at Brokers
Board
WILMINGTON,
Investment Securities constantly on nana.
&
olleclionB
Co.,
BANKERS,
County and Railroad Bonds.
&
Bny and
Stackpoie,
Western
and
City
Western
Capital Stock, Capital Paid-in,
F. J.
DEVONSHIRE STREET
BOSTON,
Sell
N.C.
partR nf the United States
all
li
anker «.
•
-
-
-
-
-
.
-
Walter Watson, ( A£ents.
Phila.
eell Sterling Exchange and Cable Transgrant Commercial and Travelers' Credits,
available in any part of the world ; issue drafts on
and make collections in Chicago and throughout
Dominion
.
CORRESPONDENTS.
New York— Tradesmen's National
San Francisco— Wells, Fargo &
London
of Canada.
Office,
&
Wilson, Colston
AGENCY OP THE
Bank of British
North America,
No. 53 WALL STREET.
Bank.
Bank.
Co.'s
Demand Drafts on Scotland and Ireland, also on
Canada, British Columbia and San Francisco. Bills
Collected and other Banking Business transacted.
D. A. MaoTAVISH.S >„„,,..
Agents.
C. M. MORRIS,
}
mittances promptly made.
The Nevada Bank
OF
SAN FRANCISCO, CAL.
Canada,
Capital, fully paid in coin, $10,000,000.
and VIRGINIA SECURITIES a
LOUIS MoLANE,
solicited
and
Information
President.
Vice-President.
fur-
C. T.
nished.
N. Y . Correspondents— McKlm Brothers
Bell
J.
8TOCK
&
Co.
Austin,
BROKER,
203 WALNUT PLACE (316 WALNUT
ST.),
PHILADELPHIA.
CHUISTENSEN,
Cashier.
CORRESPONDENTS:
LONDON
NEW YORK
The Bank of New York, N.B. A., Is prepared to Issue
Telegraphic Transfers, Letters of Credit and Drafts
on The Nevada Bank of San Francisco.
THE
Co.,
BANKERS,
MOBILE, ALABAMA.
Special attention paid to collections, with prompt
remittances at current rates of exchange on day of
?aymeat.
Correspondents.
German American Bank, New
fork; Louisiana National Bank, New Orleans Bank
of Liverpool, Liverpool
—
;
T.
W. House,
BANKER,
41
MAIN
ST.,
HOUSTON, TEXAS.
LONDON, Head Office, 3 Angel Court.
SAN FRANCISCO Office, 433 California
NEW YOKE Agents,
MADE THROVGHOVt THE
SI ATE.
-
C. F.
LILIENTHAL,
Penzel,
President.
(Incorporated
Leonard,
DALLAS, TEXAS.
lork. Correspondent
Co.
C. T. Walkee
Cashier.
Savings Bank,
LITTLE ROCK,. ARK.
$75,000.
20,000.
(Paid-in)
Surplus
Prompt attention given
Exchange
M. H. GAULT,
Brothers
& Co
BANKERS,
Street, New VorU.
ISAAC SMITH'S UMBRELLAS.
47 Wall
GOOD
8II.K
PATENTED OUANACO
Moody* Jcmuon. Hi, QUAL, LEVANTINE SLLK
,
$1,000,000.
C. R.
MURRAY, Cashier
Hamilton, Ont.; Aylmer, Ont.; Park Hill, Ont.
Bedford, P. Q.; Joliette, P. Q.
AGENCIES:
Quebec, Valleyfield.
FOREIGN AGENTS:
LONDON.—The Alliance Bank (Limited).
YORK,—
The National Bank of Commerce
NEW
Messrs. Hllmers, McGowan & Co., 63 Wall street.
CHICAGO.— Union National Bank.
Sterling and American Exchange bought and sold.
Interest allowed on Deposits.
Collections made promptly and remitted for at lowest rates.
The Canadian
Bank of Commerce,
Co.,
SUPERIOR GINGHAM
Bank
Up
Pres't.
No. SO
&
St.
BRANCHES:
Financial.
McKim
-
OF CANADA.
to all business In our line.
N. Y. Correspondents, Donnell. Lawson
BANKERS,
Hew
)
lsi5. J
STATES AND EUROPE.
&
&
$6,000,000.
1,550,000.
Cashier.
STATE BANK,
(
BUYS AND SELLS EXCHANGE ON ALL THE
PRINCIPAL CITIES OF THE UNITED
Adams
Seligman
32 Lombard
'HEAD OFFICE, MONTREAL.
TgnTtI ftmNH'ARTjM™* 6 "-
P. N.
CAPITAL
COLLECTIONS
& W.
A g„„„,„
cnte
.
I
f
St.
Transact a general Banking business. Issue Com
mercial Credits and Bills of Exchange, available In all
parts of the world. Collections and orders for Bonds
Stocks, etc., executed upon the most favorable terms
German
DEALER IN
J.
Authorized Capital, Paid-up and Reserve,
Gold, Silyer and Negotiable Securities.
.
LONDON AGENCY,
Capital Paid
(LIMITED),
R B. WILLIAMS, JNO. W. MILLER
&
WM. J. INGRAM,
JAMES GOLDIE,
Anglo-Californian Bank
Southern Bankers.
Thos. P. Miller
Bills of Exchange bought and sold. Commercial
Credits granted, Drafts on Canada issued. Bills collect*
ed, and other Banking business transacted.
Smith, Payne & SMITH8.
The Bank or Nrw York, N. B. A
Orders In Stocks and Bonds promptly executed at
the Philadelphia and New Kork Boards.
THOS. P. MILLER,
WALL STREET.
Capital. ..... $9,000,000 Gold.
Paid up, ..... 8,128,626
62
»•
FLOOD,
J. C.
specialty.
Bank
Merchants'
OP SAN FRANCISCO,
BALTIMORE.
Correspondence
and sold at current
Especial attention given to Collections, and Re-
Co.,
BANKEBS AND BROKERS,
INVESTMENT
No. 9 Blrchln Lane.
AGENCY OF
Baltimore Bankers.
&.
..
.
fers;
County Bonds.
•
>
Bay and
$250,000
London and elsewhere, bought
185,000 rates; also Cable Transfers.
Pres't.
A. J. WILLIAMS, Vlce-Pres't.
B. G. COLLINS, Cashier.
EBERT,
OFFICE,
WILL STREET.
61
Commercial Credits Issued for use In Europe, China,
Japan, the East and West Indies, and South America.
Demand and Time Bills of Exchange, payable In
DENVER, COLORADO.
DEALERS IN GOVERNMENT SECURITIES, Gold,
78
made on
Exchange Bank,
STATE STREET, BOSTON.
Parker
Bank,
National
First
&
General Manager.
A. K. Walker, Cashier.
B. K. Burrusb, Pres't.
Auctions, and Private Sale.
BANKERS,
Co., and Eugene
Southern Bank, Savannah, Ga
ANGUS,
C. P. Smithers,
the
Commercial
President.
Ac
CO.,
New York,
Street,
New York;
paper.
State, City,
HUNTER
S
References.— Henry Talmadge &
&
Nos. 50
AND
26 Pine
$12,000,000, Gold.
5,500,000, Gold.
NEW YORK
Savannah, Georgia,
81.
MK
V
Kelly
Dealers in Stocks, Bonds, Gold and
40
CAPITAL,
SURPLUS,
James Hunter,
P. 0.
of Montreal.
R. B.
Negotiated. Advances made on Securities placed in
our hands for sale at current rates.
Boston, Mass.
Bank
GEORGE STEPHEN,
Cashier.
Brokers and Dealers In Southern Securities. Loans
CONGRESS STREET,
Chas. A. Sweet
acces-
all
sible points.
ST.,
Canadian Bankers.
Capital, $500,000,
Geo.Wm.Ballou&Co Houston,
We
XXV.
[Vol.
»1 00
2 50
2 00
5 00
WALL STREET.
$6,000,000 Gold.
$1,900,000 Gold.
Capital,
Surplus,
BuyB and
Sells Sterling
Exchange, and makes Cable
Transfers of Money.
Issues
Commercial Credits available everywhere.
cities and towns of
Grants Drafts on the chief
Canada.
j'.
H. G^OADBY,
A Bents.
J
tober
o.
THE CHRONICLE
18, 1877.]
Canadian Bankers.
Capital,
lis.
BOWLAXD,
HEAD
Insurance.
THE NEW
Bank of Canada
Imperial
SEVEN
59
The Bank of Toronto,
CANADA.
Capital,
Reserve,
$2,000,000.
HEAD
Dcxcan CorLSON, Cashier
Branches
$1,000,000.
OFFICE, TOBO.MO.
;
Hugh
at Montreal, Peterboro,
Leacii, Asst. Cash
Cobourg, Port Hope.
Barrle, St. Catharines, ColllBKWOOd.
BANKERS:
London, E.voland— The City Bank.
Bank of Commerce,
r.M
iore. National
c y Bmlthen and w. Watson.
Collections made on the best terms.
K.i.*
r.a»
*
j
Financial.
& HATCH,
FISK
BANKERS.
ST., NEW YORK.
NASSAU
No. 5
U. S. Government
•mounts
to suit Investors
eign coins.
and
Bonds bought and sold
;
also Gold. Silver,
and
BY
A
Pamphlet with full Information
application at the Company's Office,
43 milk Street, Boston.
as they are
believed to be as perfect a security as can be obtained.
The Issue of bonds Is limited to one-half the amount
of the same class of bonds ever Issued under a like
Guarantee.
The security of each bond Is not confined to a single
Mortgage, but extends over all the Mortgages owned
by the Company. This Company receives no deposits,
guarantees no other securities, and has no other debts
than its bonds. Its mortgages are of like character to
those which have been bought In the last twenty years
by Individuals, Life Insurance Companies and other
Corporations, to the amount of more than h jfty Millions of Dollars, proving a most secure and satisfactory
Investment. The loans are all upon Improved farms
In some of the most fertile Western States, near the
railroads, with short and perfect titles, and average
less than $520 each, upon property appraised at about
three times their amount. Experience has proved that
well-selected mortgages upon this class of property
are safer than those upon city property, either In the
East or West. They are not affected by Area, or by
business revulsions; principal and interest are more
Sromptly paid and upon the success of agriculture
epeuds that of alii.ost every industrial investment.
HENRY SALTONSTALL, President.
FuANCIS A. OSBORN, Treasurer.
VICE-PRESIDENTS
Geo. C. Richardson,
Thomas Wigglesworth,
for-
Charles L. Flint,
Henry
all Descriptions.
WANTED.
Mississippi Central Bonds.
New Orleans Jackson & (Jreat Northern
New Jersey Midland Bonds.
New York & oswego Midland Bonds.
Bonds.
Northern Pacific tlonds and Stock.
1. a. IIAAB.
J.
HI.MiSTI.tK.
c. T.
45 WALL STREET.
AND UNITED STATES
lllllls.
DEALERS
IS SPECIE
BEI
Buy and sell Stocks, Bonds, and Gol
for cash or on margin. S.xclal attention paid to
orders for Investment*
KX-CUTBD AT TnE PHILADELPHIA
AND BOSTON STOCK EXCHANGES
OKDEliS
Albert H. Nicolay
& Co.
810
and
43 PINK STREET,
REGULAR AUCTION SALES OF
STOCKS AND BONDS
Every MONDAY and THURSDAY,
OR SPECIAL SALES MADE ON ALL OTHER DAYS
Our established custom twenty-fire years.
Government Securities and Gold, also Stocks and
Bonds, bought and sold
at the StockExchange Hoards
of New 1 or*, Boston, Philadelphia, Baltimore and
Ban Francisco, and at private sale.
Stocks and Bonds not dealt In at the New York
Stock Exchange our specialty for many years.
We Buy
and
Sell
and it)dper
per
195
Iowa Bonds & Mortgages
GEO. W. FRANK & DARROW, BANKERS and Negotia-
&
Co.,
N. V.,
Issue, agalast cash deposited, or satisfactory guarantee of repayment, Circular Credits for Travelers, In
dollars for nse In the United States and adjacent
countries, and In pounds sterling for nse In any part
of the world.
THEY ALSO ISSUE COMMERCIAL CREDITS
MAKE CABLE TRANSFERS OF MONEY BETWEEN THIS COUNTRY AND ENGLAND, AND
DRAW BILLS OF EXCHANGE ON GREAT
BRITAIN AND IRELAND.
&
John Munroe
Co.,
No. 8 Wall Street, New York,
No. 4 Post Oflice Square, Boston.
CHEQUES AND CABLE TRANSFERS ON
MUNROE A
CO., PARIS.
STERLING CHEQUES ON
ALEXANDERS, CUNLIFFKS
tc
CO.
London.
SIXTY DAY STERLING ON THE
CONSOLIDATED BANK, LONDON.
G. C. Ward,
AOE.NT9 FOR
BARING BROTHERS
A COMPANY
52 WALL- STREET. NEW YORK.
28 STATE STREET, BOSTON.
Wm. A. Wheelock, Esq., Prcst. Cent. Nat'l Bank, N.Y.
Oilman, Son & Co., Bankers, i'i Exchange Place, N. Y.
H. C. Fahnestock, Esq., First National Bank, N. Y.
Henry H. Palmer, Esq New Brunswick, N.J.
Chas. J. Starr, Esq., Stamford, ct.
A. J. Odell, Esq., Sec'y I). L. & W. RR. Co.
Aaron Hcaly, Esq., 5 Ferry street. N. Y.
Edwards 4 odell, Attorneys, M William street, N. Y.
,
A. C. Burnham,
CHAMPAIGN, ILL.,
OFFERS FOR SALE
$200,000 REAL ESTATE FIRST
MORTGAGE COUPON BONDS,
[Established 1861.]
In
amounts of
of
New
J.&W. Seligman&Co.,
BANKERS,
59 EXCHANGE PLACE,
CORNER BROAD STREET, NEW YORK.
!
REFERENCES :
TEN
&
G.
tors of Loans, Corning, Iowa,
Broadway, Western Union Bldg, N. Y„ make
PERFECTLY SAFE
(1,000 and upwards, yielding EIGHT to
per cent semi-annual Interest, payablein the City
York, and negotiated through the houses of
BURNHAM, TREVETT& MATTt.i, Champaign. 111.
BURNHAM <t TULLEYS, Council Bluffs, Iowa!
BURNHAM. ORMSBY & CO., Hinmetkburg.Iowa.
BURNHAM <t BUYER. (Irtmiell, Iowa.
KANSA3 LOAN <t TRUST CO, Tvpeka, Kan.
All these loans are carefully made, after personal
Inspection of the security, by members of the above
firms, who. living on the ground, know the actual
value of lands and the character and responsibility of borrowers, and whose experience In the business for the past SIXTEEN YEARS has enabled them
to give entire satisfaction to investors.
Issue Letters of Credit for Travelers,
Payable In any part of Europe, Asia, Africa, Australia
and America.
Draw Bills of Exchange and make telegraphic transmoney on Europe and California.
fers of
Knoblauch
&
Lichtenstein,
BANKEBS,
29 William
St., cor.
NEW
Exchange Place,
YORK.
Make Telegraphic Money Transfers.
Draw Bills of Exchange and Issue Letters of
on all principal
cities of
Credit
Europe.
SPECIAL PARTNER,
DEUTSCHE BANK,
BerUn.
NEW YORK,
134
BOSTON,
Pearl Street.
70 Sta.e Street
GOSSLER
&
Co.,
CORRESPONDENTS OF
Bank or Hamburg and
International
London, (Limited.)
HOUSE IN EUROPE,
JOHN BBRBNBBRG,GOS8LBB & CO
HAMBURG.
TOX BRIDGE TUAT HAS CAI'.lilED TOU SAFELY OVER
A Solid Ten Per Cent.
cent,
"oiinl.,, Town,
City, County,
..,„„,
School and State Bonds,
Insurance and Bank Stocks,
Railroad Bonds
City Railroad Stocks and Bonds,
Gaslight Stocks and Bonds.
_,
,,
Trast. Companies,
Telegraph
Express, Mtntnsr and Manufacturing Stocks
Interest Coupons and Dividends collected.
Interest allowed on Deposits,
subject to Drafts payable at sight
_„
FIRST-CLASS
A CO.,
LONDON.
Brothers
HIM, ST.,
No. 59
on Contmlsslon,
Choice Municipal
7, 8
Brown
P. Ct. Interest
The Interest and principal have always been paid
when due, without thr lows of a dollar. Send for full
printed particulars, or call at the New York oflice
and examine maps and applications for loans In sums
ranging from *500 to *5,00u.
NEW
YORK.
Established 26 Years.
ST.,
Circular Notes and Credits tor Traveler*.
loans on the best Improved farms In Iowa, at 8 ts 1
per cent Interest. Always first Hens and improved
.arniB; never exceeds one-third the cash value
cf the land alone.
The bonds have coupons
attached, and the Interest Is paid semi-annually, at
the Central National Bank, In New York, and the
principal, when due, at the same bank. Several years'
experience of the firm in loaning has shown these
loans to be
STOCK AUCTIONEERS,
BANKERS AND BROKERS
MORGAN
8.
OLD BROAD
No. 22
"sT
KUEB.NEMUNDT.
Haar & Co.,
BANKERS AND BROKERS,
139
David R. Whitney,
Hon. Henry W. P;itne, Boston,
Simeon E. Baldwin, New Haven.
deals nr
& Co
Boulevard Hatuwmann
J. B. Uphara.
counsel:
Plrat-Clana Investment Securities,
CIK BONDS OF ALL KINDS.
Railroad Bonds and Sobthrrs Securities or
31
ATTORHKTS ahd Aoents or
Messrs. J.
L. Pierce.
E. R. Mudge,
John P. Putnam.
Saltonstall,
Charles L. Young,
St.,
Deposits received subject to Draft. Securities. Gold,
Inter e.t allowed
on Deposits. Foreign Exchange. Commercial Credits.
Cable Transfers.
Circular Letters for Travelers.
available In all parts of the world.
directors:
on Balances. Special attention
Drexel, Harjes
Co.,
AC, bought and sold on Commission.
:
James L. Little,
George P. Upham.
Henry
&
South Tin an
be sent on
These Bonds arc commended to the attention of the
In
Albert E. Hachfield,
WALL STREET, NEW YORK,
No.
will
31
MOST CONSERVATIVE INVESTORS,
and Bonds.
I
§500,000.
Co.,
i,
If i.i
Phlladelphl
Pari*.
DOMESTIC AND FOREIGN BANKERS.
Interest CouponB payable semi-annually.
Bonds
registered to order, or payable to bearer at option.
Accrued Interest Is not required to be paid by purchaser, the next-due Coupon being stamped so as to
denote that Interest begins at the date of purchase.
paid to Investment Orders for Miscellaneous Stocks
18
ITS
si
CORNER OF BROAD, NEW YORK.
Drexel
No.
CAPITAL STOCK OF
Deposits received In Currency or Gold,
Interest allowed
WALL
CENT TEN-YEAR BONDS
GUARANTEED, PRINCIPAL AND INTEREST,
Wall street.
Promptest attention paid to collections payable In
any part of Canada.
Approved Canadian business paper, payable In gold
or currency, discounted on reasonable terms, and
is remitted to any part of the United States by
gold or currency draft on New York.
&
Morgan
Drexel,
MORTGAGES OF IMPROVED
REAL ESTATE.
FIIIST
Agents In New York:
Hank or Montkkal,
London:
BosANgi e r. Salt & Co.,
W Lombard Btreet.
PEtt
SECURED BY
Dealers In American Currency and Sterling ExchangeIn
\\l>
OFFERS FOR SALE.
AT 107 AND ACCRUED INTEREST,
IVertdent.D. rt.WILKIK, Cashier
OFFICE, TORONTO.
FinanciaJ.
i:\4.l.
Mortgage Security Co.
$1,000,000.
BBAXCnxfl :-ST. CATHKUlNES, PORT COLBORNK,
8T. THOMAS, INGKHSOLL. WKLLAND.
Agents
in
The
old established
AGENCY, known
CENTRAL ILLINOIS LOAN
over
New England and
the Middle States as the Agency whose Interest coupous are
paid .(* certainly and tn prom/Aty as the coupons of
Government Bonds, has enlarged Its neld and changed
all
name to "THE KAN'S \^, MISSOURI 4 CENTRAL
ILLINOIS LOAN AGENCY." There Is no change In
character or management. If a certain clean TEN
Its
Its
INVESTMENT SEClTRfriKS
PER CENT will satisfy you, address for Circular.
ON HAND. I'OIS SALE AT THE
Actuary. "KANSAS, MISSOURI A CENTRAL ILLILOWEST MARKET RATES. NOIS LOAN AUKNCY," Jacxsojitalle,
all.
E.
S.
65
Baile
WALL STREET.
y,
Dealings Is
Insurance Stocks,
A SPECIALTY.
Cash paid at once for the above Securities ; or ttey
will be sold on commission, at seller's option.
2HE CHRONICLE
IV
Financial.
Financial
LOUIS IRON MOUNTAIN AND
ST.
SOUTHEIiN RAILWAY CO., No. 20 Nassau St.,
New
STOCKS
York, October 10, :8I7.— Holders of Coupons,
due July 1, 1877, of CAIRO & FULTON RAILROAD
COMPANY, are notified to present them at the office,
No. 20 Nassau Street, and receive Fifty (50) Per Cent
thereon,
[Vol.
now ready to be paid.
D. W. McWILLIAMS.
Financial
^ 3S S S O O
At Auction.
,
The
undersigned
Treasurer.
SALES
of
all
National
classes of
COMPANY OF CALIFORNIA, Executive Office.
Nos. 9 & 11 Nassau St., New Yoke, Sept. 29, 1877.—
ON
ment of
Company have
Common
Stock, payable at this office on or before October
After that date
it wili
15.
No. 7
charge of $3 on each certificate for advertising sale.
OFFICE OF THE ONTARIO SILVER
ber
CO., 81
Broad Street, New York,
DIVIDEND No.
Octo-
Assistant Secretary,
PINE STREET,
BROWN &
STREET,
BRO.,
'
STATES CIRCUIT COURT,
UNITED
SOUTHERN DISTRICT OF NEW YORK.— In
JOHN G. STEVENS and others,
Complainants, and the NEW YORK & OSWKGO
MIDLAND RAILROAD COMPANY, Defendants.
Notice is hereby given that the sale of the property
of the New York & Oswego Midland Railroad Com
Equtty-Betwccn
.
eptember
AND BELL
BONDS, GOLD, STOCKS, AND
GOVERNMENT
MISCELLANEOUS SECURITIES.
WHITE,
G.
Master.
Complainants' Solicitors,
120 Broadway, New \ ork.
Hilmers, McGowa n & Co
Mayoralty of New Orleanb, )"
20, 1877.
J
Subscriptions will be received at this office to th
Capital Stock of the
New
Orleans Water
(P. O.
BOX
2,347.)
Com
Special attention paid to the negotiation of
mercial
bills.
The
oW?J£J)(AjSSAU)ST. CORP/NEST
Allows interest on deposits, returnable on demand,
or at specified dates. Is a at Ik -r.zcd to act as Executor,
Anminlstrator, Guardian, Kecciver, or Trustee. Likewise, is a legal depository lor money paid Into Court,
or by urder of any surrogate. Individuals, Firms and
Societies seeking Income from money in abeyance, or
at rest, will Unci safety and advantage iu ttila institu
tion.
HENRY
SPAULDING, President.
BKNJ. B. SHKKMAN.
Vice
\
FKKDEliICK H. COSSITT, Presidents
C. H. P. BABCOCK. Secretary.
ED. PILSBURY, Mayor.
Amos
Benj. B. tih^rinan,
Frederick H. Cossitt
jBaac N. Phelos.
Edmund W. Corlies,
Sam'l 1>. Brtbcoclr,
Martin Bates,
DUE
IN 1893;
FOR SALE BT
DAXIEL,
40 Wall
Cairo
&
Fulton
Bonds.
RR. Consolidated Bonds.
FOR SALE:
State of Kansas 7 Per Cent Bonds, due
.
ry
r.i.
°l Sr» Joseph, Mo., 10 Per Cent Bridge Bonds.
C
,[ty of Toledo 7 3-10 Bonds, due In 1LKK1.
Cincinnati^ Springfield lttM. (L. Shore guar.) Bds.
WOT. R. IIXLEV,
3 1
Geo. MaccuHcch Millei
Kosweli Skecl
A. A. Low
D«vld Wolfe BlBhop,
Amos K. Kno,
CharleB G. Krancklyn,
William H. Weub,
J. Plerpont Morean,
Percy K. Pyne,
Charles Abernethy,
Flue
St., N.
Y
Issued to Galveston Harrisburg & San Antonio Railroad, due 1896, interest March and September, payable
at Austin, Texas.
Taxes for payment of Interest and Sinking Fund
collected by the State of Texas, also other Texas
Securities, for sale.
BANKERS,
Wall Street, New
6c
CO.'
Vcrk.
Alabama, South Carolina .V Louisiana
State Bonds;
New Orleans Jackson Ac Gt. NortUern,
Mississippi Central, and Mobile
Ac Ohio Railroad Bonds ;
City of New Orleans Bonds.
LEVY A BORG,
86 WALL STREET.
N. T.
,
,
Co.,
INVESTMENT SECURITIES.
G. Amsinck
&
Co.
150 Pearl Street,
New
York,
3
AOKNTS FOR THS
F. E. Trowbridge,
BANKER AND BROKER,
No. 5 Broad Street (Brexel BaxunxQ),
NEW YORK.
P. O. Box 29J7.
Northern Pacific RR. First Mortgage Bonds.
FOR SALE:
Louisiana State New Bonds.
Jeff. Mad.ft Indianapolis RR, First Mart. Bonds.
Houston & Gt. Northern IiR. First Mortgage Bonds.
Wabash Railway Funded Debt Bonds.
UMBRELLAS
GOOD SILK
PATKNTKD GUANACO
EX. QUAL. LEVANTINE SILK
&
HANSEATIC BANK,
Co., LONDON AND
(LlMTHD).— LONDON.
Bonds.
SUPERIOR GINGHAM
Stocks,
Special attention to business of country banks
s-acramento City, CaL, Bonds.
ISAAC SMITH'S
Beers, Jr.,
WAT' STREET.
Snauldinir.
Bonner &
Allegheny cry. Pa
:
FOR SALE:
BEXAR COUNTY
PER CENT BONDS. EIGHT
$100,000
bankers and brokers,
7 Wall St., Cor. New, New York.
WANTED:
New
BALLOII,
New York.
Street,
A. H. Brown
Benjamin B. Sherman
George V¥. Lane,
Jacob D. Vermllye,
Virginia State Old Bonds.
Cities Dubuque, Keokuk and Davenport Bonds.
City, County and Town Bonds of Iowa. Ohio and Wis.
& Wabash
K. Eno,
BANKERS AND BROKERS,
No. 20 Broad Street, New York.
Orleans Bonds.
Houst'n & Tex. Cent. KR. Bds. KansaB. Pac. Kit Bds
Northern Pacific UK. Bonds and Preferred Stock.
New Jersey Midland RH. Bonds. So. Carolina Bonds.
Toledo
Dows,
Martin Bates
William Allen Butler,
James P. Wallace,
U. T.
Street.
"WANTED
RR
i>avid
Henry F.
MOHAN,
A.
Wall
6
GAS STOCKS,
BOARD OF TRUSTEES:
Samuel D. Babcock,
Jonathan Thorne,
Gnstav Schwab,
Rochester City Sevens,
particulars, write or apply to
GREGORY &
2*
Jacob D. Veruiilye,
.
IN 1SSS;
SECURED BY
REAL ESTATE FIRST MORTGAGES
J
Isaac N. Phelps,
Josiah M Fiske,
Charles G. Landon,
Edmund W.Corlies,
Frederick H. Cossitt,
William H. Appleton,
Sevens,
Ct. Investments
Brooklyn
F.
EXECUTIVE COMMUTES
deaed at the time of subscribing.
DUE
Correspondence
WASTED:
1S77.
Works Bonds of the City of New
Orleans will be received AT PAR, and must be surren
Per
No. 7
Works Com
old Water
Oswego City
on deposits.
allowed
FORSTER, LUDLOW
pany, incorporated under Act No. 33 of the Legislature of Louisiana, approved 3:st March,
Interest
BROKERS IN
FOREIGN EXCHANGE AND GOLD,
63 Wall Street, New York.
Capital,* 1.000.000.
NOTICE.
City Hall, April
:
OF CINCINNATI 7-SOs, due 1902.
OF NEW HAVEN 3 PER CENTS, due 1877.
OF BALT1MORK 5 PEP. CENTS, due 1917.'
OF KAHWAY, N J.. 7 PERCENT'S, due 1883.
moiiLER A- CO., 24 Nassau St.
For
7th, 1877.
KENNETH
Orleans City Premium Bonds
OF TWENTY DOLLARS EACH.
BtTT
pany, heretofore advertised to be sold on Friday, the
<th dav of September, 1817, at .2 o'clock, noon, of
that day, at the Wickham Avenue Depot of the said
New York & Oswego t'ailroad at Middletown. In the
County of Orange, and State of New York, Is f urtner
adjourned until SATURDAY, the 2JTH DAY OF
OCTOBER. 18,7, at the same time and place.
Alexander & Green,
CITY
CITY
CITY
CITY
Foote,
WALL STREET 9
No. 12
Banking business and
the Purchase aLd Sale of
Dated
New
The above Securities are safe and desirable for investors of small sums, and can be bought much below
their par value.
In addition to the above, we offer for sale
E. S. Gilley.
Nelson Tappan, Special
&
Hatch
BANKERS,
will transact a General
give particular attention to
First class Railroad Securities.
New
New York
J.
1914,
Interest Payable_ January
_ anifary and July in
i.. the
.
City of
'ork, In sums of $KO, |5U0, fi.OOO.
ALSO,
SOLD.
NEW
York.
solicited.
Y< >RK, October 1, 1877.
The firm of AUG. J. BROWN & SON is dissolved
In consequence of the death of the senior member
of the same.
The business will be continued from this date by
WALSTON H. BROWN and FRED. A. BROWN, under
the firm name of
who
Due
&
P. O. Box 4259.
F. W. Gilley, Jr.,
Member N. Y. Stock Ex.
NEW
H.
Sc
STATE OF LOUISIANA
7 PER CT. RONDS,
Gilley, Jr.
Co.,
BANKERS AND BROKERS,
64 BROADWAY AND 10
CO.,
MANUFACTURERS,
112 Nassau Street, New
See quotations of City Railroads In this paper
W.
Scrip, Checks,
CONSOLIDATED
CITY RAILROAD STOCKS & BONOS
F.
RAISING"
Monetary Papers.
CAMPBELL, HALL &
110
NEW YORK.
BOUGHT AND
1'.
The Fegular Monthly Dividend of $50,000 (goli)—
FIFTY CENTS (gold) per share— has been declared for
September, payable at the office of the Transfer
Agents, WELLS, FARGO & CO., 65 Broadway, on the
15th Instant. Transfer books close on the 10th inst. .
H. B. PARSONS,
WALSTON
PINE STREET, NE9V YORK.
No. 145
8, 18;7.
34
SON,
H. L. Grant,
BROADWAY,
H. SMITH,
Assistant Secretary.
MINING
MUXUER &
H.
all
SEND FOR SAMPLE.
be delinquent, and liable to a
MORRIS
and
WEDNESDAYS AND SATURDAYS.
ADRIAN
Safety Paper.
prevents "
It absolutely
Certificates
levied an assess-
on the Preferred and
$1 per share
by not using the
alone,
REGULAR AUCTION
hold
STOCKS AND BONDS,
of this
GILMAN
Through
rTHE MARIPOSA LAND & MINING
The Trustees
LOST,
BONDS
and
XXV
~
»1 03
250
2 00
5 00
A general banking business transacted.
InYcstir.ents
County and City Bonds a specialty.
W'eBt Wisconsin Itaiiwayand other bonds now in
default of interest bought and sold on Commission.
Having been oillcially identified with railway and
fin an cialin tercets for a number of years, inquiries in
regard to them are solicited from American and
European holders and investors. Corrrspondcuca
will meet with prompt attention, and quotations ba
given upon request by mall or wire. Highest refer*
enves.
securities, State.
teniae
HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
VOL
SATURDAY. OCTOBER
25.
CONTENTS
abstraction
in
THE CHRONICLE.
The Rise
in the
Bank
Railroad Earnings in September,
346
and from Jan. 1 to Oct. 1
Latest Monetary and Commercial
English News
347
Commercial and Miscellaneous
England
of
Kate
S43
and Arbitration— An Example to be Followed
314
City Reform and the ConstituStrikes
•
tional Atnendineuts.
News
844
349
THE BANKERS' GAZETTE.
Money Market,
Securities,
8.
TJ.
I
Railway Stocks, Gold Market,
Foreign Exchange, N. Y. City
Banks, National Banks, etc
350
|
|
|
Quotations of Stocks and Bonds. 3S3
New York Local Securities
354
Investments, and State, City and
Corporation Finances
355
THE COMMERCIAL TIMES.
Commercial Epitome
358
359
363
Cotton
Breadstuff's
I
I
Dry Goods
364
Imports, Exports and Receipts.... 865
Prices Current
316
<£!)* Gljronicle
The Commercial and Financial Chronicle is
day morning,
urith the latest
news up
to
issued on Saturmidnight of Friday.
TERMS OF SUBSCRIPTION-PAYABLE
For One Year, (including postage)
ForSlxMonths
Annual subscription in London (including
do
Six nios.
do
IN
ADVANCE:
$10
20.
G 10.
£2
postage)
5s.
16s.
do
Subscriptions will bo continued until ordered stopped by a written order, or
at the publication office. The PnbUahen cannot be responsible for Remittances
unless made by Drafts or Post-Office Money Orders.
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.
our
fall
from the loanable
money market
WILLIAM
79
(
DANA &
B.
&
CO., Publishers,
81 William Street,
NEW
YORK.
Post Office Box 4,592.
furnished at 50 cents; postage on the same
Ef A neat
18
cents. Volumes bound for subscribers at $1
For a complete
of the Commercial and Financial Chronicle—
Vf
July,
to dat»— or of Hunt's
file-cover is
60.
Merchants' Magazine,
18S9 to 1871. inquire
at the office.
The Business Department of the Chronicle is represented among
New York City by Mr. Fred. W. Jones.
Financial Interests in
U
On Thursday
minimum rate of
time past this
THE BANK OF ENGLAND RATE,
Bank
England advanced its
per cent. For some
advance has been inevitable and its
the
of
discount to
five
announcement has been almost 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,
upon one point there seems
All parties agree that our
likely to
many
still,
to be a singular uniformity.
own
be much disturbed.
clusion are,
is,
beyond all precedent, the accumulation of idle
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 be 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 correspondent 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
capital in
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, however, they are surpassed
principal banks of
by the
Paris,
as
deposits
is
now
held in the
shown by the
table
below.
DEPOSITS OF THE CHIEF FRENCH BANKS, ATJGU8T3I, 1876
AND
"1877.
1817.-
fYancs.
Dollars.
Ban k of France
339,000,000
19,800,000
490,000,000
98,000,tOO
Societe Generale
162,706,000
3?, Ml, '200
Francs.
Dollars,
164.531,000
32,906.800
Credit Industriel
37,317,000
7,(99,100
50,954,000
10,190,800
Comptoird'Escompto.
Societe des Depots
19.350,000
14,470,00)
102,302.000
40,460,400
40,074,000
8,014800
59,095.000
ll,819.CO(>
Credit Foncicr
57,875,0.0
11,575,0:0
78,3:6,000
15,671,200
Credit Lyonnais
67,973,000
13.591,600
92,87i!,000
18,1 5 1,103
837,325,000
167,465,(00
1,037,513,000
207,501,600
Total
set
THE RISE
It
is
1665,
y0tr"
produced
tion that,
-1876.-
Transient advertisements are miblishcd at 25 cents per line for each insertion,
but when definite orders are given for five, or more, insertions, a liberal discount is made. No promise of continuous publication in the best place can be
given, as all advertisers must have equal opportunities. Special Notices in
Banking and Financial column 60 cents per line, each insertion.
I
capital has often
serious perturbations.
however, one conspicuous feature of the monetary situa.
Advertisement*.
William B. dana,
JOHN a. FLOYD, jb.
NO. 642.
13, 1877.
financial situation is not
The reasons
for this con-
of them, very plain.
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 foreign
countries.
The abstraction of several millions at this
season of the year from the New York money markets
might be a very serious
loss.
As
is
well known, such an
The accumulation of idle capital in all the chief cities
of Europe has often been the subject of remark.
And
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 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
In view of this general desire
accumulate specie.
all
over Europe to increase the existing reserves
of the precious metals, the question has been asked
whether the Bank of England will be able to protect
and increase its stock of coin and bullion without disturbing our resumption preparations by drawing gold
from this country. In reply, it is argued that the prcs;
if it
;
THE CHRONICLE'
344
[Vol.
XXV.
ent and prospective condition of the foreign exchanges tinued, but toward the close of August the masters
is not such as to render this aspect of the action of the agreed to submit to the proposed arbitration.
Some
Bank of England very formidable. The price of gold of the men immediately went back to work, pro-
yesterday indicates that this is the controlling opinion at visionally, at the old rates. The shipwrights and ironStill, future movements workers, still dissatisfied, held out seven weeks longer.
present in the gold market.
will be watched with more care than has recently been At length, however, through the interference of certain
Subjoined is a statement of the aggregates outside parties, mainly through the influence of one of
necessary.
Bank
the
•of
England
of
weeks past
for several
the principal customers of the shipbuilders, both parties
Circulation,
"
Banking
Mile.
Coin and
LulUon.
Deposit*.
£
£
£
£
£
p.c.
20....
27,406,590
26,615,881
30,024,323
33,659,629
14,209,534
3
27 ...
27,694,045
26,846,398
29,718.208
38,724,909
13,838,853
28,774,340
23,918,340
80,622,375
35,418.522
13,174,000
8
8
2%
Date.
June
Hate of
Securities
excluding
Bank Poit
July
4..
in
Die-
Department.
Jteterve.
count.
"
11...
28,767,460
27,679,257
30,132,647
81,878,758
18,911,797
"
18....
29,598,090
27,629,692
29,983,679
84,138,639
14,031,602
2
"
25...
28,460,275
27,029,505
28,563,914
83,168,094
18,569,230
2
28758,360
26,741,531
18,449,475
83,686,897
12,983,171
2
28,893.755
26,071,558
26,917,179
38,018,378
12,172,803
2
23.546,860
25,606,877
27,066,469
33,262,367
13,060,017
2
Auij.
1
"
...
8...
"
15.
"
"
22....
28,203,210
25,321,159
27,066,838
33,186,698
12,119,949
29....
27,900,545
25,021,219
27,816,364
83,430,123
12,123,674
•Sept. 5....
..
28,159,615
24,882,148
27,031,438
33,975,889
!1,7J2,518
2
8
8
"
12 ...
27,706,770
24,485,861
17,240,361
84,032,128
11,778,581
8
«'
19....
27,533,275
24,432,679
27,104,194
33,805,108
11,899,404
8
"
2«....
27,893,950
24,289,207
27,011,371
33,701,045
11,695,257
8
It thus appears that the
steadily losing
and
Bank
England has been
of
gold reserve since the middle of July,
its
that the activity of the drain has been lately aug-
Now,
mented.
such cases as
in
this,
Mr. Goschen, some
years ago, propounded a theory that the proper remedy
was to raise the rate of interest, step by step, with
.promptness and decision, 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
has always heretofore proved.
it
Bank
The
past
England renders it probable that
they will continue to rely upon Mr. Goschen's plan, and
it will consequently be submitted to a somewhat severe
test before long. For this and other reasons, the reciprocal movements of the next two or three weeks in the
policy of the
of
Bank
specie reserves and the rate of interest of the
England
be watched with more attention in
country than at any time since the panic of 1873.
will
of
this
have come to an agreement; and work has been resumed
by all the men, provisionally however as we have said,
at the old rates.
Each side is to name an arbitrator;
and the two arbitrators may select an umpire. They
are at 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
wages, the award is to be retrospective, so far as to
cover the time since the work was resumed. The following are the questions submitted to the arbiters: Did
the state of trade 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
which has cost probably over two millions of dollars,
not to speak of the actual hardships endured by the
strikers themselves, their families, and the related community 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 advantage 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 become more involved on this continent than in any part
of the old world; and it is in the last degree essential to
the welfare and 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
recurrence of such strikes as those which
STRIKES
AXD
ARBITRATION— AN
EXAMPLE TO
BE
FOL-
we have
cently witnessed should be no longer possible.
LOWED.
re-
We hope
nothing from legislation. Legislation must not be allowed to deprive any citizen of his rights; and it is the
some six months, the carpenters, boilermakers, engineers right of every man when he sells to sell at the highest,
and others connected with the shipbuilding on the Clyde, and when he buys to buy at the lowest, rates.
good
have been out on strike. About three weeks ago arrange- understanding between the two classes, a desire on the
ments having been made to submit the questions at issue one side and on the other to do justly, and willingness
It
is
known
well
that for a period extending over
A
a
temporarily at the at all times to submit to the impartial judgment of honold wages. It appears that during the greater portion est outside arbitration in such ways, and such ways
of those six months not fewer than ten thousand work- alone, must be sought the key for the final and satisfac-
men resumed work
to arbitration, the
—
men have been
idle,
and that the
loss sustained
on their tory solution of these frequently-recurring troubles.
part, in wages, has amounted^to $350,000 or $400,000.
We have not seen any estimate of
the masters,
great
;
and
but
it is
it
not
the loss sustained by
must have been correspondingly
difficult to
imagine
how
disastrous
CITY REFORM AND THE CONSTITUTIONAL AMENDMENTS.
The Board of Apportionment of this city has adopted
such a suspension of industry must have been to the a resolution authorizing the Comptroller to issue $4,741,tsntire community.
400 of new bonds with which to take up others due next
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
result was that early in April over two thousand that sufficient fuuds to meet the bonds are not at hand.
shipwrights "struck." The other trades remained at This action is by no means unprecedented, and indicates
work.
This state of things lasted for six weeks, how our city debt is being increased under a system that
when the masters decided upon a general "lockout;" should certainly be changed in that respect at least.
and ten thousand men were left destitute of employThe present debt (sinking funds deducted) is $91,60*),ment.
For three months this condition has con- 073 funded or permanent ; $18,300,997' revenue bonds,
OCTOBER
THE CHRONICLE.
13, 1877.J
"temporary";
and #22,144,400
total,
$132,105,470.
69 per cent of the whole ; the revenue
bonds which are of a fluctuating nature, issued in antiiip.it ion of the year's taxes, and are largest at this time
The
fixed debt
is
—
of year, probably reducible before January to one-third
their present amount— are 14 per cent ; the temporary
345
managed, and whether it is possible or not to do better
than has been done in the matter of enforcing collection, is a subject We do not stop to consider; the gist of
the position
is
ditionally for
its own bonds unconimprovements, taking as its only
that the city issues
local
security a lien or a mortgage (not unquestionable in law
These latter bends, and subject to the great and increasing risk of becoming
liter having increased up to the beginning of 1877, in fact a non-enforceable one), which accumulates in
show now a decline, indicating that they have passed default and practically cannot be foreclosed, so that for
Their nature is pretty well under- the actual purpose of paying its debts the city may find
their highest point.
or assessment bonds are 17 per cent.
They
stood.
are a thing of comparatively recent origin,
being a creation of the paper era brought in by the
war, and it may bo useful to very rapidly recount the
experience of our neighboring city with them. In 1861,
these liens nearly as unavailable as is its" own property
(sometimes reckoned as " assets " against debts) in the
form of parks and water works.
Nothing could well bo devised more vicious in principle than this assessment system, and its results are
about the time that Prospect Park was begun in BrookThey leave the city in this position:
lyn, certain property owners on Third street joined a only natural.
movement to have the city " improve " that street, property has been improved, during an inflation period,
claiming that it was to be a grand boulevard approach on rising nominal values which were said to constitute
Park, and that the assessments on prop- unquestionable security; but now, with the liens unpaid,
to the
would be ample se- the values have been and are shrinking back, leaving
by old-fashioned people, the bonds issued during the term of folly yet to be met
the property owners got their bill through the Legis- without deduction. No moral could be more sharply
lature and had their special commission, selected by pointed, but the important consideration for usis, what
themselves, to supervise the work.
Up to that time is to bo done about it? As we are not writing
contractors had beeu paid in city certificates redeemable an essay upon an abstract question, this is the practical
rapidly
erty
rising
Despite
curity.
in
value
objections
how
only as the city collected the assessments; this safe
one to be considered
was then abandoned, however, for the one since
followed in both cities, the city issuing its bond unconditionally and itself taking all risks of collection. Other
streets were similarly improved, but Third street gradually lost its boulevard attractiveness, and the once promThen the property
ising bcheme proved a failure.
owners began to declare themselves unable to pay, and
in great doubt whether the whole matter had not been
illegal and unconstitutional; but that the assessments
were "excessive" they were perfectly certain. The case
was allowed to stand for some years unsettled, and in
1869 was compromised, the owners agreeing to pay in
twenty annual instalments, which were to be included
slough and avoid unwise courses hereafter
policy
in
each tax
was
bill
by the
;
in
1873, a certain piece of property
tional
;
amendments now
far towards
shall the city get out of
?
the
Constitu-
go
One amendment
in process of consideration
answering this question.
any municipality from making any donation or
its credit to any individual or corporation, or
from becoming owner of stock or bonds in any corporation, or from incurring any indebtedness except for
forbids
loaning
municipal purposes
no city or county
;
amendment
this
shall in
also provides that
any manner or for any purpose
become indebted, including existing debt,
exceeding
valuation,
five
per cent of
and that
all
its last
to an
amount
assessed real estate
indebtedness in excess of such
limitation (except such as
now
exists)
shall
be void
j
that no city or county whose present debt exceeds the
and litigation five per cent shall contract further debt, except as
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
city holding that the compromise act of 1869 was a con- five years and at the rate of not more than one dollar
sold
began
in
city to satisfy the debt
earnest, the
and a virtual re-levy per capita of population that no law shall hereafter be
referee sustained the passed to authorize any debt-incurring by counties or
property owners; the Supremo Court reversed this, and cities unless it mak«s such debt repayable in not more
the Court of Appeals, during the past season, decided than twenty annual instalments immediately following,
in favor of the city, on the technical ground that the and provides for the necessary taxation, these provisions
courts have no jurisdiction to review municipal proceed- to be irrepealable. The permanent debt of this city,
ings of this character.
Chief Justice Church also went exclusive of temporary, now is more than double the
beyond the case to pronounce the assessment business proportion allowed for the future by this very stringent
"unjust and oppressive, unsound in principle and vicious measure. The other pending amendments, proposed by
in practice," and to say that " it is difficult to discover the Municipal Commission, were given in full in the
in it a single redeeming feature which ought to commend Chronicle for March 10 last, page 214, and wo cannot
it to public favor."
take space for resketching them, but the gist of them is
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 apThese 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 the ernment; the principle of paying as you go and not disopinion that not more than seven millions ever will be counting the future is embodied, and financial adminiscollected; it is certain that not one assessed property tration is committed to a board of finance chosen under
owner will pay if payment can be avoided; technical limited suffrage. We need not pause to argue these
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
representing over nine millions column after column need to be kept before the public attention. They were
repeats the phrase " to set aside an assessment." How approved by the last Legislature, althongh probably
this branch of city administration is or might be only a small proportion of the people have as yet
firmation of
of the tax
all
prior proceedings
by the State
itself.
The
—
;
THE CHRONICLE
34«
come before the
Legislature to be chosen next month. Th« argument
for them is exceedingly simple. Experience has shown
noticed the fact; they are next to
[Vol.
XXV.
A
material improvement has also taken place in lake and canal
which ruled at such very low figures when the season
opened.
The Buffalo Commercial Advertiser gives the following
freights,
average prices for the month of September, for a series of years,
abundantly the necessity of stringent restrictions, placed from Chicago to Buffalo by lake, and from Buffalo to New York
in the fundamental law, upon incurring debt and upon by canal:
Lf kc.
Canal
the license and abuse which creep into legislation; the
Wheat.
Corn.
Wheat.
Corn.
Years.
Cents.
Cents.
Cents.
Cents.
evil of "special legislation" has been dealt with by the 18ii8
13-6
7
162
1869
60
160
137
present constitution, and the worst danger before these 1870
41
10 8
1871
90
113
135
amendments is that of public forgetfulness. No endeav- 1872
11-6
138
12 5
18TJ
11-8
10'1
11
6
ors to keep the best men in power will accomplish 1874
32
95
1875
22
70
is
long
the
governmental
system
successful results so
as
1876
23
62
.-••
3-4
6-7
40
77
deficient and depends upon the right course being
From desultory or occasional reports of traffic on various roads
%
,
followed because
it is
the right course;
if
the intelligent
,
of the election by not making support of the amendments
which cannot properly be brought into our tables on account of
we have the following
The earnings of the Chicago & Rock Island road for Septem-
a test of candidacy for the next Legislature, and
ber
voters of the metropolis, therefore, let the subject stay out
the careful work of the Commission
if
thus
make
of the interior, also, will
a great mis-
they are indifferent to the matter as one not concerning them. The welfare of the cities does intimately
concern them; and, moreover, the amendments are of
take
if
of government which
nent principles
are of general
The Chronicle cannot dwell upon this
subject every week; but if it could and should do so it
would no more than do justice to its earnest conviction
application.
that support of this measure ought to be required of
$60,000.
report closed
May
The following
31.
is
a statement of the gross and net earnings following the above
May
date,
June
31:
$535,202
132,289
543,484
$473,470
428,858
556,297
$1,510,906
1,186,743
$1,458,696
1,094,808
$324,157
$358,818
July
August
Total
Expenses
Net earnings
consequence as embodying and establishing perma-
vital
:
show an increase of
The Michigan Central
thrown away,
is
there will be reason hereafter to repent of the folly.
The people
their irregularity,
The following
the Texas
&
Dec.
Dec.
Inc..
Dec.
Dec.
$61,731
8,863
12,815
$57,279
91,940
Inc.. $34,661
a comparative statement of gross earnings of
is
Pacific
Railway Company for the months of June,
July and August, 1876 and 1877:
Month.
Jnne
nily
August
every candidate for the Legislature, and that agitation
of it should never be allowed to cease.
Totals.
The
receiver of
1876.
1877.
300 miles.
$112,881
444 miles.
$140,067
117.531
139,570
166,987
220,053
Increase.
$27,185
49,455
80,483
$369,934
$527,108
$157,123
the Indianapolis Cincinnati aDd Lafayette
Railroad reports for August
RAILROAD EARNINGS IN SEPT. AND FROM 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
& Northwestern follows with an increase of $357,170, Illinois
Central shows an increase of $137,962 on its main and leased
lines, Bur. Cedar Rapids & Northern an increase of $103,420,
being over 100 per cent larger than in 1876. It is generally conceded that the quantity of surplus grain for export from the
northwestern States has not heretofore been equaled.
While the roads above named, and others similarly benefited
by the large grain crop, are thus Bhowing a material improvement in traffic, the roads west and southwest from St. Louis which
have been conspicuous during past months for their exceptional
prosperity, do not now show so favorable an exhibit as compared
with last year. It is also observed Sat the Chicago & Alton road
shows a decrease of $50,921 in September, 1877.
None of the trunk-line roada are reporting their earnings to
any late date, unless we except the receiver's report for Ohio &
Mississippi, which is given as follows f:>r September:
RECEIPTS.
Cash on hand Sept.
From
From
RECEIPTS.
Cash remittances from passenger agents
freight agents
Other roads, mails, &c
Balance from July
Total receipts
$179,551
DISBURSEMENTS.
Supplies
Wages
Vouchers prior
$IOt,S53
394,329
1
Bond
interest
18,748
Taxes
Miscellaneous
11,0)9
22,194
Total
conductors
21,530
6,370
Express companies
I
1876
Pay-rolls
Interest
Jan.
Total...
$531,631
53
Vouchers subsequent to Nov.,
4,946
etc
$70
|
and arrearages
on con. niorrg., due
1877
1,
.
Cash on hand October
1,
.
1877.
The Kansas
Pacific in its
now
$5,081 gross,
$2,668 net
GROSS EARNINGS IN SEPTEMBER.
Atchison Top. AS. Fe ...
Burl. C. Rap. & North'n.
Cairo & St. Louis*
Central Pacific
236,372
15,470
Chicago
predict a large
& Alton
Chic. Mil. & St. Paul..
Chicago
..
& Northwestern.
Denver & Rio Grande..
CI.
Mi.V.& Del.&brchs..
Grand Trunk of Canadat
Gt. Western of Canada}:.
Illinois Cent. -III. line...
do la. Leased line i only.
advance in freight
Int
rates, particularly afier the close of naviga-
which will now come in about six weeks. As a result of
the late conference of trunk-line officers in this city, the " fifth
tion,
was abolished, and
articles
formerly included
therein brought into "fourth class;" an advance
on "fourth
class" freights, to take effect Oct.
has now been made on
effect Oct. 15,
York
when
to leading
all classes of
A
also
cities
Buffalo
larger advance
$
60
65
95
97
2d class.
.
....
Missoiri Pacific
Missouri Kansas & Texas
Pa lucah & Memphis
St. L.A. & T.H. (br'chs)..
St. L. Iron Mt. & S
St. L. K. C. & North
St. L. & San Francisco
Tol. Peoria & Warsaw*..
!
Wabash
Total
$
55
62
89
92
$
50
55
80
61
47
1 13
1 03
1
95
23
73
1 11
72
3.1
42
65
18
00
Ol
™
$
62
64
81
65
87
51
1
»
$8 ',500
191,326
13,916
1,440,535
47.13.'3
1.180,000
1,540,003
88,687
73, 088
849,551
357,5:8
563,015
19 ,23
121,409
136,000
841,661
Hl.'.nl
307,178
1876.
$365,593
90.810
17,415
1,871,876
534,244
615.811
1,182,833
35,021
47,3)3
752,366
363,034
Inc.
$13,907
3.479
451.8H
50,921
531,16:1
337,170
8 663
3il,i, SO
97,185
5,561
498,5<)4
74,421
63511
401,700
821,180
132.991
81,225
462,165
127,6 8
121,378
131,101
301,959
370,015
321,144
15,374
44.615
354.914
890,808
137,416
108,832
425,142
$9,905,821
$0,010,196
I
1
11,591
49,fifi6
Dec.
1 03,423
531
2,398
39,702
8i,08i
16,966
783
5,05!
46,786
30,530
4,4:6
24,807
37,023
$1,445,736
865,623
$580,108
3d class. 4th class.
1
1
..".'..""""I
& Western..
& Gt. Northern^
Kansas Pacific
Net increase
Cincinnati..
Zndianapolis
Louisville...
Indianap. B.
New
:
Cleveland
Chicago
St. Louis
Toledo
made
freight, to take
the schedule will be as follows from
Western
1st class.
Detroit
8.
Westbound
was
;
deficit.
increase in their earnings as almost certain to follow the recent
class " in freights
& Fort Kearney,
Arkansas Valley, $885 gross, net
branch, $8,631 gross, $1,398 net; Junction City
.
friends of the trunk lines, however,
25,967
August report gives total gross earnings $309,824; net, $115,316. These are divided among the
several mortgage divisions, etc., as follows: First mortgage
division, 140 miles, $123,993 gross, $51,988 net; second mortgage
division, 254 miles, $103,179 gross, $39,162 net; third mortgage
division, 244 miles, $68,053 gross, $21,780 net; Leavenworth
153,944
120,719
$531,f,31
Total
The
|153,?>83
,
Balance carried to September account
1877.
to Nov., 1876.
Arrearage
Individual railroad companies,
$41,821
42,307
14,465
of employes
Balance due foreigu roads
DISBURSKMENTB.
station agents
$65,468
71,0^2
85.988
6,014
From
85
'f September in each year.
woeks ended September 29.
For the four weeks ended September 28.
§ Between Ih3 16th 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
Bum of about $10,000, received from rental of cars leased to other roads; this
item does not appear in the return for this y ar, making the comparison with
1876 leBB favorable than it otherwise would be,
*
Three weeks only
t For the four
j
|
OcTOiiEn
THE CHRONICLE.
13, 1877.]
GROSS EARNINGS FBO* JANUART
A
Santa Fe
At. Top.
Burl. C. It ip
$1,768.8'*
A Northern..
8W.909
......
119.993
A
r
Paul
St.
irons
.
Kio Urando..
.
Grand Trunkt
C Mitral
Illinois
Hao)
(Ml.
A
Western..
lad. HI. i >m.
Int. A Qreat Northern...
Kansas. Pacific
1)
382.69(1
5,881,393
379.313
488,9*1
Padu,
..
K
St. I*
as
1.3)5)0
117.072
114,087
53,932
8,89 1,938
3,3:4,531
111.414
J.-.'
.313,310
20,525
8,9
8,608,047
:,!>>./!)
379,2; 9
9U.OB0
11,350
i
858
180,178
933,088
A Warsaw..'
1,038.
Tl
Wabish
Total
....
1,117.891
b a.oj
,184,8*1
Francisco
8.
To!. Peoria
184.080
417.819
203,031
8,96 1,955
ins
1
.
_,
•
1877.
Grose earnings
Operating expense*
$292,830
180,307
Netearnlngs
$113,083
84,710
17
8,205,823
5,093
$57,353,071
$59,o89,!45
$1,058,079
Net earnings
St. h.
A So.
$194,019
East.— St.
$3,334,351
2, 336,2
each year,
1370.
[ooretsfl
$313,703
$118,310
1,019,311
171,380
2-10,378
i.le...
461,433
55 1,2 '7
Michigan Central
Mobile A Ohio
Nash. Chat. A St. Louis..
New
:!phia
1
1-35.71
A
Erie
Joseph A Weste. n
Panl A Sioux City....
Sioux City A St. Paul....
St.
St.
.
1
151,997
63,433
213.39)
53,191
3 M70
23.0:2
MMlind
Jersey
.
Total
Net increase
illeA Nashville
Mobile A Ohio
Naahv. Chatt. A
A
Erie
JANORT
$5 38,2 '8
Total
$17,321,049
Fe—
Sante
SJ.7.3.-1
$16,351
$28^15
$8,563
L. A So. East.— Tenn. Dlv.—
Grossearnings
$17,140
Operating expenses
11,628
Grossearuin_;s
Decreise.
$18,110
Net earnings
Bnrl. Cedar Rroidi
A
16.039
31,493
26,779
348,401
331,554
918,931
ii>!c4i
$111/2)
Net earnings
74.123
60,6,9
$334,520
$450,503
145,980
uses
,
—Jan.
1
,
1876.
1872.
to
Aug. 31.^
A Del.
Vernon
$213,133
117,79)
$133,333
$1,478,835
815,333
$1,401,702
753,037
$331,035
$731,755
73,439
$77,951
70,215
$315,581
476,193
$710,434
576,666
$43,133
$7,733
$1)9,39)
$163,768
$:,0I1,371
511,433
$?,5)!,512
4,145,779
$7,54%»,22
4,073,695
$755, -.57
$598,378
$3,235,733
$.3,475,927
$18,889
24,2)3
$33031
$243,668
34*080
196,483
g9,G31
$8,072
$46,172
$103,s:.5
$.'03,106
and Br'chs.—
Oram earnings
Operating expanses
Net earnings
.
...
Houston & Texas CentralGross earning
Oojratingexp, incl. tarjs
.
111,936
102623
$g?,383
$55,473
$11,334
$5,517
$1,981
Si.V-.o:
$14,575
$39,170
28,808
$44,241
$287,423
218,900
$361,554
80,861
$10,S67
$13,890
$68,526
$121,139
$2 1.02
Kansas Pacific —
Expenses
...
Net earnings
$333,325
$254,783
$1,031,232
$1,852,862
194,51)8
145,127
1.173,317
1,143,331
$118
A
.;iy
51 14,401
7 .V,
proflts
Nashville Chatt
Gross earnings
$109,656
Lex.—
Opcr
St.
Netcarnings
$
$704,370
554,413
$
£151,957
111
$31,361
A
L.—
Operating expenses A taxes
$154,997
$131.10.3
S 1,6 17
$1,997,886
$85,045
$46,436
$123,703
$33,401
49,583
$61,3C5
$1
,987
New Jersey MidlandGross earnings
Operating expenses
Net earnings
Psdncah
$26,066
$158,352
$218,991
18,555
19.128
130.S44
167,431
$5,467
$6,938
$18,503
$51,510
<xit&
doiumercial €ttgtt9l) Ntvo*
gonehon vnd on london
AT LATEST DATB3.
SI 3,340
$100,890
A Memphir—
ngs
Operating expenses
Net earning?
Amsterdam.
RATE.
short.
..
12.2
Prankfort ....
3t. Petersburg
Milan
months.
M
Vow York
«
20.68
25.15
25.80
©20.72
©25.25
12.0.3
©12.10
©20.72
©20.72
20.68
20.67
i.
'•
3
M
33X038X
90 days.
51«@513i
12.11
25.21
20 42
25.16
3mos.
short.
Sept! 23.
3 mos.
short.
;ept!'25.
3 mos.
117.76
20.42
20.42
21 3-16
Sept! '28.
short.
27.40
47>4@473i
months. 28.02>f@-28.07«
28.02H@2S.(7'/4
"
23.0-2«a-;6.07«
....
Kio de Jtnelro
Valparaiso
Sept. 26. 3 mos.
Sept. 23. 60 days.
Aug. 5. 90 days.
Aug.
14.
27.
26.
22.
l.«.9«@l8.9J4d.
Sept!
Sept.
Sept.
Sept.
Sept,
SslOSi-lld.nom
•
Sept. 26.
47.90
4.63X"
21(4
41Ji@t2
..
Bombay
Shanghai
Mauritius.
Singapore
Alexandria
short
Sept. 28.
©2535
46S®46Ji
Pernambnco
LATEST
DATE.
months. 35.S7Jiase.4944*'
Paris
3
©12.3
EXCHANGE ON LONDON.
demand.
'
...
...
"
Is.
Otitis. 9V<3
'Is.
9)4®l».9>i<i:
8«0>i-i;rf.nom:
!ss3tf-5)t'a'.nom
"
....
6
mos.
4*.
9 7-16d.
U. 9Xd.
33. Urf.
5s. 4^0".
23.
13. ,90
I
days. 14>4 pr.
3 mos.
95
ct.
prem
%
IFrom onr own correspondent. 1
London, Saturday, Sept. 29, 1877.
Business in nearly every department remains extremely quiet.
In scarcely any branch of business is a disposition shown to enter
any magnitude, and as we are now entering
tho year, it is regarded as more than
prjbable that the new year will have dawned upon us before any
revival of commercial activity shall have taken place. Some
peace rumors have, it is true, been in circulation; but not only is
there reason for disregarding them, but there is also ample
into transactions of
upon the
last quarter of
given out elsewhere but in spite of this, the military situation
in Russia suffered such reverses of late, that the Government
may begin to consider that it would be judicious to make peace,
more especially as Turkey would be willing to agree to honorable terras. It seems to be tolerably clear thr.t 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 and consider if
the advantages they may gain are likely to be an equiva'ent to
The Russians well know
the sacrifices which they must make.
;
gwarnlngl
Louisville Gin.
(iro-s earnings
1210,415
evidence that the Russians are making preparations for a winter
campaign. A large number of huts has been ordered for immediate construction in this country, and probably orders have been
$
~$~~
Netearnlngs
$78,787
$97,478
82,903
TIM.
1376.
$1,333,219
571.392
Net earnings
Net
$13,737
EXCHANGE AT LONDONSEPTEMBER 28.
"Jaoles ...
A Quincy—
—learnings
818,781
$76,693
$36,789
83,483
siciuisB \t
l
244,036
North.—
Gross earnings
Operating expenses
C!ev. Mt.
<»k
Bong Kong...
$111,79!
802,831
11,756
Netcarnings
3
838,770
412 975
2,039 841
August.
$255,572
110.781
Operating expenses
Chic. Bnrl.
Sionx City A St. PaulGross earnings
Operating expenses
27,'i.33
$17,467,023
1877.
$336,548
$215,021
186,706
$15,316
The statement 1) low gives the gross earnings, operating expenses and net
earmn.es for the month of Augnst, and from January 1 to August 31, of all
the roads that will furnish statements for publication:
A
$379,529
174,992
avetis
GROSS BARKINGS, EXPENSES AND NET EARNINGS.
_
.. . ,•
Atch:son Topeka
$821,780
$211,343
ON—
Netdccrea*e
,
$1,117,1-47
$34,985
32,212
Cateat filonetarn
31.
Increase.
1,114,189
3,175.838
1,065,531
1,135.131
259,442
287,421
158,852
Panl A Sionx City
Sionx City A St. Paul
TO AUGUST
1
1376.
$7,519.6-32
1.
Joseph* Western
1,439,353
$34,832
A So. East.— Kentucky Dlv.—
Grossearnings
$33,437
Operating 1 xpensos
24,874
5,071
2,011
aegOM
1,019,495
1 ,097,638
138,751
L
St.
$2,251,133
1,4,5,879
St. L.
9,331
$3,331,007
3,4):>.573
Midi in*
Philadelphia
St.
St.
8,211
43,961
41,341
137
$7,531,512
'1,848,099
Chicago
cago B
Burl. A Quincy..
Hannibal A Sf. .Icneph
$2,583,635
$11,638
522,872
GROSS EARNINGS FROM
New Jersey
$
47.507
12,816
7,613
21,891
1,078
84,653
2 .7.834
$3,930,339
Decrease.
13,833
203,106
413,395
513,181
113,036
181,101
62,325
.
$507,220
$16,708
Netcarnings
1877.
)
$501,223
reported their earnngs for An?.
$482,018
184,21
$89,899
$274, !f0
139,328
$53,241
41,656
Panl A Sioux CityGross earnings
Operating expenses
GROSS EARNINGS IS AUGUST.
A Gt. WesUr.i..
Chicago Bnrl. A Qjiiucy..
Hannibal A St. Joseph...
Houston A Tex h Cent
|2.'W9.t41
1.522.621
St.
t
Atlantic
$1,815,755
1,844,518
$60,121
43,418
Netearnlngs
in
167,135
St.
H
Three weeks only of September
—
81.
1876.
Dlv.—
L.
Gross earntnrs
Operating expenses
Netearnings
250i675
8,110,481
From January 1 to September 88.
t From January 1 to September 28.
The foil jwinj companies hava but recently
Aug.
to
I,.
Netearnlngs
13,759
Net decrease
*
1
1877.
$287,834
Iron Mt. A SouthernGross earnings
$374,115
Operating A gen. expenses. 180,118
St.
—Jan.
,
1878.
Erie-
236, 137
167
2.711.5,1)19
lis
....
1,083
209,703
i,
irVihs)..
4 So
It.
1
2.
...,
Philadelphia A
19.261
1,100.010
2.-.
I'exis
$
21,425
0,197
.1
I
5,873,461
381.345
5
6.711.980
2,7*1
8,831,1:0
(14,881
...
$3,590
Angnat.
.
Doc.
.
3,1 ,-3.730
A
30.
In\
•1,798, IBS
12,"
CUc.Mil.
CI. Ml
TO SEPTEMBER
1
IBM,
1S77.
347
$17,037
$119,823
9,631
$15,704
11,632
82,733
$134,799
95,233
$8,217
$4,022
$37,0*33
$39,516
what winter quarters on the D-tnube mean, for pestilence, dise.ase
and death will assuredly fight the battle for tho Turks, and will
thin the Russian rankB matetially. The Turks must also suffer
in a similar way, and it is thus hoped that during the short days
of winter a time for reflection will arrive, which may lead eventThe commercial interests of this country, in the
ually to peace.
meantime, must suffer, because the beiief in peace is so vagu3
THE CHRONICLE.
348
no merchant would care to en: bark in business
as if peace were assured, besides which there are so many other
complications likely to arise that it has become impossible to
and
indistinct that
trade extensively until the doubts which at present exist have
state of political affairs in France is still a great obstacle
to improved trade. The elections are near at hand, and the action
of the Government in advising the people to vote for the candi-
The
dates which they have put forward having produced considerable
irritation, the conflict is likely to be a severe one, and to be
fraught with considerable danger. The state of affairs in France
but it is quite possible
is obviously a cauBe for much anxiety
that the arbitrary acts of the Gevernment will in the end lead to
;
a firm establishment of the Republic, or there
may
be another
four previous years
bank
Government
Famine Fund continue liberal,
nearly £300,000 having cow been subscribed. The repetition of
The
to produce a beneficial effect.
is
necessity for the storage of
works would take a long time
to
complete.
The Treasury have this week announced an issue of bills to the
amount of £3,000,000, tenders for which will be received at the
Bank
of
England up
to the 4th of
October next.
The
bills are
repayable three and six months after date.
The Secretary of State for India has given notice that he will
be prepared to receive on Tuesday, the 9th of October, tenders for
a loan
22,114,132
securities. 13.3S8.185
of £3,000,000 for seven years, on the security of debentuies
transferable by delivery, in amounts of £1,000 and £500 each,
bearing interest at the rate of 4 per cent per annum. Interest
£
7,043.838
27,317,717
15.300.S61
16,010,461
27.721.469
5.274,794
21,736.577
14.121.093
19,582,9:8
13.587,782
21,851,251
11,895,257
27,408,042
34,i27.641
24,259,207
62-53 p.
Bank-rate
Mtd.Uplandcotton....
mule
2
3 p. c.
92 K
46s. 9d.
7 15-16d.
5 p. c.
Consols
English wheat.av. price
No.40s,
1877.
£
28,334311
to liabilities
92
64s. 2d.
8 15-16d.
p. c.
93&
47s. Id.
C 13-16d.
c.
2 p. c.
51 p. c.
3 p. c.
MX
6d.
6?id.
57s.
twist, fair
lid.
10*d.
71.135.u00
2dauallty
Is.
U.
2Xd
0?fd.
lOJid.
71,517,0^0
are the current rates of discount at the leading
The following
cities
1
96!£
47s. 01.
6d.
Clearing Uoi'se retnrc.125.537.000 129,065,000 105,367,000
abroad:
Bank
calculated, nevertheless,
water has long been acknowledged, and it would seem that it
would be by no means a bold policy for a government at the head
of this country to propose a loan the proceeds of which shall be
adequate to construct the necessary works. At the present time,
when money is abunlant, and when there is but little prospect
of any improvement in trade, a loau for such a purpose, and with
a British guarantee, would meet with rapid success, in addition to
which a considerable proportion of the loan would have to be
There is now
flpent in this country for the necessary appliances.
great distrust with regard to foreign securities, especially those
of the Continent and of the South American republics. Public
companies are avoided, and hence a loan for Indian irrigation
works, even though it should eventually reach a heavy total,
would be a speedy success. Whatever might be the total amount
it is quite clear that the loan would have to be spread over
several years, as the necessary
6,1122,203
Other securities
24,540,014
Reserve of notes and
9,954,181 10,813.805
coin
Coin and bullion Ie
both departments.... 21,032,321 21,090,300
Proportion of reserve
subscriptions to the Indian
these famines, due entirely to drought,
27,666.229
5.20S.013
19.610,608
13,533,683
19,187,420
27 117.640
1876.
£
29.221.437
4,6*4.098
22,912,8)8
13,5? 2,116
19,014.751
£
£
post-bills
1875.
1814.
1873.
Circulation— including
d'etat.
The
XXV.
and the Bankers' Clearing House return, compared with the
Public deposits
Other deposits
been dispelled.
coup
[Vol.
rate,
$
Paris
Amsterdam
Hamburg..
Berlin
Bank
Open
market.
rate,
$
cent, percent.
IX
S
2*£
3
5
4V
4X@I&
5
4*
5
Frankfort
ViennaandTrleste..,. 4X
Madrid, Cadizand Barcelona
6
6
Lisbon and Oporto...
6
8t. Petersburg
2%
5X
Rome
5
4
Leipzig
5
Genoa
Geneva
New York
5
3
Brussels
Turin, Florence
4#@SK
Open
market
cent, percent,
and
5'/i@r
8
I
Calcntta
5
I
Copenhagen
10
5
J®5
sale of India Council bills on Wednesday, and it
understood that no tenders will be invited for some time to
co.ne. The silver market has, in consequence, become firmer, and
The German Governfine bars are now worth 55d. per ounce.
There was no
is
ment must now be accumulating a large credit on this side, and
hence some heavy withdrawals of gold may take place, which
may not improbably have the effect of producing a rise in the
Bank
On
rate ot discount.
Exchange business has been of a very limited
The tone has been somewhat undecided, dulness and
the Stock
character.
being alternately apparent. United States Governhowever, have been firm, and the tendency has
been favorable, while American railroad bonds, although in very
Canadian
moderate request, have realized higher quotations.
steadiness
ment
securities,
railway securities have also attracted
exhibit a further improvement.
attention,
and prices
Small supplies of English wheat have been on sale, and the
condition of the produce has b en poor. The markets have been
well fupplied with foreign wheat. Millers have been operating cautiously but good and fine qualities of produce have been
;
Bank
will be payable half yearly at the
of England,
and the loan
Inferior wheat has met with a slow and
be repaid at par on the 16th August, 1SS4. The last instal
irregular Bale.
ment is to be paid on the 4th January, 1878, but those who may
The deliveries of home-grown wheat at the principal markets
desire to pay up in full 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 10th, 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 65,759 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 Ger228,560 quarters, against 263,100 quarters in 1976, showing a
many, the rates of discount have remained easy. It is believed, deficiency this season of 31,540 quarters. Since harvest the
nevertheless, that some purchases of gold on account of ihe
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 prospeit of
and flour have been placed upon tbe 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 aug1874.
1875.
1876.
1877.
mented requirements for commercial or financial purposes. The
cwt.
cwt.
cwt.
cwt.
held at
full
prices.
is to
:
rates for
money
Per cent
Bank
rate
mouths'
.
3
Open-market rates
30 and BO diys' bills
3
Imports of wheat
Imports of flour
are aa follows:
bills
1
I
t
2K®?X
iHO>iH
Open-market rates
4 mouths' bank bills
6 months' bank bills
« and 6 months' trade
Per cent
3%'f$,S\L
'H-i-iin
3X *4
bills.
Sales of
home-grown produce
Total
Exports of wheat and flour
Result
1
Aver, price of Eng. wheat for season
The
rates of interest allowed
discount houses for
by the joint-stock banks and
deposits are as under
Per cent.
Jolnt-stock banks
Discount houses at call
Discount houses with 7 days' notice
Discount houses withH days' notice...
S
2
2
1
®
@....
@ 2%
gix
Annexed is a statement showing the present position of the Bank
Bank rate of discount, the price of Consols,
of England, the
the average quotation for English wheat, the price of Middling
Upland cotton, of No. 40's Mule twist, fair second quality,
3,702,959
443,534
2,817,300
3,094,150
339,320
3,7Si,0J0
6,340,741
491,410
2,940,000
3,98S,705
316.074
4,340,500
6,963,793
154,515
7,221.500
80,912
9,752,154
27,538
9,175,279
37,996
6.809,278
59s. 9d.
7,140,588
9.721,616
9,137,283
48s. 5d.
47s. 7d.
46s.
111.
The following figures show the imports and exports of cereal
produce into and from the United Kingdom during the first four
weeks of the new season, compared with the corresponding periods
in the three previous years
:
nrpoBTs.
Wheat
Barley
Oats
Peas
Beans
IndianCorn
Floor
cwt.
1877.
3,702,959
631,805
1,261,376
63,707
353,705
2,05i\438
413,631
1876.
8,094,180
666,447
916.014
92.953
433,719
4,43H,M51
339,280
1875.
6,330.744
547,724
1,051.50!)
5M.920
2911.4-9
1.868,513
491,410
1874.
3.938,705
1,315,595
822,951
59,457
154,837
l,6S8,bS6
346,071
Ot
tohkr
THE CHROMCLh
13, 1877.]
Same time In—
EXPORTS
1876.
78,41
1.010
8,159
1877.
Wheat
Barley
Oats
6,438
T.IIO
1,835
Peas
Beans
Indian Corn
HIS
743
880
18)078
3,4:0
5S.141
5,501
,
Hour
31*
1875.
1874.
85,684
3,167
4,757
30,623
698
1,617
857
8, -'IS
8.194
6,539
Same time In—
1876
1675
$40,490,652
63.898.317
1874
1873
1872
1871
48.51)1.450
4l.4tl5.7Il
60.2i3.9S3
56,717,537
1870
1869
1868
1867
1866
«?,8W84
66,430,137
42.93J693
..
.
54 113.938
.
11
80.918
7,173
1,854
The imports of specie at this port during the same periods have
been as follows
:
tlnrkcl Report!- Per Cable,
Thedaily closing quotations in the markets of London and Liverpool for the past week hare been reported by cable, as shown in
BiiZllKta
summary
London Money and Stock Market.
the following
95 5-16
.
V
Ncw4Vs
95«
95V
107
1116%
106
95 9-16
95 9-'.b
107
107
107V
107V
107V
lWJf
104V
107V
107V
X I05V
107V
107V
106V
a
104
101V
103V
Liverpool Ootton Market.— See special report of cotton.
104V
Hon.
sat.
s. d.
26 6
Wed.
Tnes.
s.
d
s.
26
6
3
4
10
11
18
26
10
8
13
8
11
11
12
6
23
40
6
28
40
40
Liverpool ProvUione Market.
—
Tnes.
Wed.
Flour (extra Siate)
0bbl
Wheat (R. W. spring).* ctl 10
"
" 11
(Red winter)
8
"
(Av. Cal. white).. " 18
"
(C. White club)... " 18
Corn (n.W. mix.) « quarter 88
«
Peas (Canadian)
anarter 40
d.
6
s.
Beef (prime mess) . ,<J) tc. 92
Pork (W't. mess).... fjlbbl 43
Bacon
(l'g cl.
ra.)ncw|) cwt
46
61
"
6
"
cwt.
fil
.
"
Sea!
"
(flne)
Petroleu^i(roflued)
"
.spirits)
Tallowfprlme City).. » cwt
Cloverseed(Am. red).. "
Spirits turpentine
"
$
$
Sperm oil
Whale oil
Linseed
oil.... 19
s.
6
26
10
n
12
11
88
40
Thnr.
<
•
11
12
t
93
47
40
47
6!
62
d.
s.
53
27
40
9
6
6
8
93
47
6
6
46
63
Tnnr.
s.
d.
3
5
3
10
7V
9
Fri.
d.
s.
13V
IV
41
41
41
35" 6
36 "6
36
Tues.
£
s.
56
d.
The
«
week and
9 15
56
Frl.
£
s.
d.
9 15
56
2S
78
35
30 10
3
28
78
35
30 10
30 10
were
against
$5,729,769,
$6,400,133
5:
FOREIGN IMPORTS AT
1874.
NEW YORK FOR THE WEEK.
$3,0:9.317
4,459,813
1875.
$1,110,693
8.511,851
$1,546,572
3.481,510
Total for the week.
$6.4:9 189
Previously reported. .. 309,573,0;2
$4,65«,546
261,805.833
$5,030,112
230,870,889
$5,739,769
249,400.542
$807,;43,379
$225,900,401
$255,130,311
Dry goods
General merchandise...
.
Since Jan.
1316,053,261
1
187H.
OetV
EXPORTS JTtOM
tfiSOhill
!5 8S7 rio
Ij.mi,**
j^',%4%
«
$K
1877.
$8,178,639
209,561,156
Since Jan.
«234,85S,733
$191,817,115
WWHSfii
$1757931795
1
The following
Hew York
..
for
parison of the total sime
lor several previous years
Oct'
Oct.
3
i??
,',
5
show the exports
the week ending Oct.
will
Total for the week.
Previously reported
Total since Jan.
of specie from the port of
6, 1877, and also a comJan. 1 with the corresponding totals
:
— V •ff"''
Liverpool
fi-'s'tr
6-8
tr. tw^pV-i,"
City of R ichmond
1,
011
.
. .
-;
Araer silver bars.
-
Amer.
silver bars.
.
$108,000
107,400
$212,400
23,562.319
1877
10..
514.000
asi.noo
418,000
11..
33R,(ll!0
12..
364,000
Receipts.-
Gold
$675,335
528,470
8«3,6"9
418.000
847,949
417,9o6
$2,195,000
-Payments.
Currency.
33
59
52
00
79
Gold.
$640,341 11
783,321 35
390,201 91
500,764 82
8:13,147 87
6,15,023 89
04
Currency.
$117,936
279,152
343,047
007,314
661.215
574,762
10
56
0!
16
99
94
$982,026 18
693 820 50
651,155 88
415,294 47
554 250 98
686,634 50
$4 022,803 45 $2,783,438 76 $3,983,172 45
$3,751,351 87
103,636,593 18
102,601,506 29
43,3';l,847 53
Texas Secctoties.— Messrs.
43,401,118 03
Kill!
>ota 7s,gld
?o .,1/1 $110
State
7s,g.30yrs §111
10s, pens.. §103V
6s of 1892. ....
110
112
113
104V
100
I
Foreter,
Austin 111a
AnstinlOs
Lndlow
1(111
100
90
Houston 6's.. 1$
S. Ant'iolos.. 95
*
Co., 7 Wall St., quote:
/~<
IT S. O O- _
102
G. H.
S. 6s, g. 83
87
H.&T.C.7s,g.lst E 8
do 8s con. 2d
SO
G.H.4H.78,g.lst 75
85
SB
so
11V.
Dallas 10s
With
&
I
I
25
I
<
interest.
Toledo Peoria
& Warsaw. — A. L
Hopkins, receiver of this
and expenditures
for
August
Cash on hand Angust
$1,091
1
143.134
159,631
$-.03,857
Expenditures August
Expenditures September
$137,566
,
142,989—380,556
Balance on hand
$33,301
Jersey. — The
equity, filed
New
by Robert N. Wilson, representing upwards of 5,000 shares of
Pennsylvania Railroad stock, praying for an injunction to restrain
that corporation from paying the rental of the New Jersey railroads and canal, claims that in 1873 the Court of Errors and
Appeals in New Jersey decided the lease to be invalid, and that
some of the complainants have begun other proceedings to enforce that decree.
The bill will not be pressed at present, as it
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 the
parties thereto, a bill in equity was filed in the Court of Chancery
in the State of New Jersey for an injunction restraining defendants 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 of 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.
" Your orators aver that since the makIhe bill lurther says
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 Appeals, no change has taken place in the status of the said case
whereby the equities of the parties, plaintiffs in the said bill of
revivor and supplement, have been so changed that a different
mode of relief from that prayed for in the original bill has become necessary."
bill in
— We
call the attention of investors to the line of securities
offered by Messrs. Moller & Co., of 24 Nassau street, in our
good security always commands favorable
to-day's issue.
attention, and Messrs. Moller & Co. propose to make a specialty
of such investments as they can confidently offer to those desiring uafe and remunerative securities.
A
NEW YORK FOR THE WEEK.
5
Previously reported..
6..
Oct.
-Sub-Troasury.-
i
:
In our report of the dry goods trade will be
found the imports
01 dry goods for one week later.
The following is a statement of the exports (exclusive
of specie^
t0 f ° reigQ ° rt8 f° r the Week e ° ding
P
For the week
Custom House and Sab-
9
two weeks previous. 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 previous week. The exports of cotton for the week ending Oct. 10
were 9,421 bales, against 10,212 bales ihe week before. The following are the imports at New York for week ending (for dry
goods) Oct. 4 and for the week ending (for general merchandise) Oct.
Custom
House
Receipts.
•232.000
United Companies of
5
imports
total
at the
8,489.011
14.702,630
b.078.843
2,643,993
Total
Wed.
Thnr.
£ s. d. £ 8. d.
9 13
56
38
73
35
30
6
Imposts and Exports for thk Wkek.— The imports last
week showed a decrease in dry goods and an increase in general
15,198,483 the preceding
week
$8,311,267
Receipts August.
Receipts September
41
Commercial anb fflmtllamow News.
merchandise.
1871
1870...
1869
1868
1867
and September, as follows:
10
13V
—
9 15
5
$5,953,631
10,332.030
5,060,089
9,981,306
4,994,303
road, has filed his report of receipts
3
5
10
ItK
7V
6
28
5
$11,778,249
Same time In—
Balance, Oct. 5
Balance, Oct. 12
40
Wed.
V
1
56
73
35
30
11,695,660-
d.
s.
s. d.
5
10
13V
d.
MUM
.
1677
transactions for the
',
Frl.
d.
s.
47
Tues.
d.
9 lb
33
1,
-.
I
Mon.
£.
Total Bince Jan.
i
35
6
.
,.
Same time in—
s.
in
d.
93 6
47 6
40 6
61
Oil Markets.
.35
ton 30
H
s.
47
41
tun.. 78
"
40
7V
56
Sugar(No.l3D'chstd)
on spot, 19 cwt
6
10
35
.
Aspinwall
1876
1875
1874
1873
1873
Frl.
d
d.
a.
...
s d.
9 15
tr:.
quar.
6
40
s.
41
£
(Cal.)
6
12^
sat.
Unseed
5
9
93
47
Hon.
d.
10
London Produce and
Llne'dc'kelobD.aJ
Thnr.
d.
36 6
10
11
4
13 5
12 9
38
s.
4
d.
98 6
47 6
.5863
s.
.
..
$305
1,168
73,000
301
3,109
6,680
.
Total for the week
Previously reported
The
—
Sat.
Bosin (common).
d.
6
8
s.
47
61
Liverpool Produce Market.
City of Vera Crnz
Alps
..U.S. sliver...
....U.S. gold....
..Foreign gold.
....U.S. gold..
....U.S. gold....
..
Liverpool...
Havana
Havana
Gold dust....
Total
d.
h.
-10
"
Lard (American)....
Cheese (Am. 9ne)
4
Hon.
Sat.
Nassau
Algeria
Niagara
Treasury have been as follows:
—
Liverpool Breadstufts Market.
Carondelet
—
The directors of the Bank
of England, at their meeting on Thursday, fixed the minimum
rate of di count at 5 per cent.
The bullion in the Bank has
decreased jt693,000 during the week.
sat.
Mod.
Tnes.
Wed.
Thnr.
Prl.
Consols for money.. 95 ."-16
65 3-16 95 3-16
95 3-16
95 7-16
95 7-16
"
account. 15 5 16
0.8.6s (5-80s) 1867.... 107
U. 8 .10-406
107V
58 of 1831
106V
Oct. 8—8tr.
Oct. 4— Str.
Oct. 5— Str.
Oct. 5— Str.
Oct. 6-Str.
$28,774,719
" National Safety Paper " is now largely used in the
of checks, drafts, certificates of stocks, &c, to prevent the raising of the amounts by erasure or the use of acids on
the original instrument, and the substitution of higher figure*.
Messrs. Campbell, Hall & Co. are the manufacturers, 110 and 113
—The
manufacture
Nassau
street.
—The Production of the
Ontario Silver Mining
Company
for
October 1. $2,072,431
The company has declared its eleventh dividend of $50,000 (gold),
payable at Wells, Fargo & Co.'s on the 15th inst.
September was $173,238, making the
totai;to
THE CHRONICLE
350
SanKers'
&fie
No
Closing prices here have been as follows
@a?ette.
DIVIDENDS.
Per
:
5s,
5s.
Oct.
18T7-5 P.
HI.
The Blonejr Market and Financial Situation. The salient
—
Sept.
18'6
993,998
1,'84,304
1,082,128
1,119,699
1,573,058
1,808.111
1,6:8,318
1,8.0.301
1,7»7,847
1875.
1,520,811
l,2s3.049
1,584,65J
1.378,493
1,235,081
1874.
1,233,049
490.470
257,533
851,198
370,089
5,356,430
8,637,995
6,95-.',
135
2,703,239
3,338,714
3,398,714
8,291,503
3.305,510
3,330,731!
8,3i(',188
3,9;7,07J
1,698,491
2,431,473
2,988,834
2,868,991
8,487,397
2,5M,437
3,316,384
2,207,730
2,450,451
19,023,182
11,892,989
13,925,938
14,135,940
8
15
22
29
U. S. 6s, 5-20s. 1867
U.S. 58.10-408
New 5s
New 4(4 per cents
"
"
3.564,863
3,604,606
3,933,809
1
8
15
"
3,9384m
33
89
"
GRAIN RECEIPTS, POOR WEEKS ENDING SEPT.
New York.
Flour....
Boston.
2.9,
90,156
61,170
3,572,990
5,105,298
1,444,901
183,007
495,391
363,6)0
689,524
603.V36
90,500
89,200
62,000
26,500
7,000
1,936,575
859,935
35,189
5.211
18,000
923,400
8i8,200
248,v00
4,000
36,500
11,200
Total
10,801,598
Total Sept., 1876—
1,690,090
85,500
2,851,910
2,040,303
2,070,400
174,651
1,184,399
13,8f0
71,300
93,461
1,741,236
79,720
2,876,100
111,751
2,243,900
Barley
Eye
Flour
Grain....
338,873
5,959,232
297,019
169,170
S74,53fi
1
12.110
18,500
',695
76,550
1,734,800
Sept.
Tennessee
do
67.412
Virginia
1,299,800
do
England
rate
was advanced
to 5 per cent
-1877.
1876.
Differences.
Oct.
Circulation...
Net deposits..
Legal tenders.
16,05-3.300
15,724,430
200.771,200
41,975,500
United States
ties
less
16,551,700 Dec.
15,990,200 Inc..
197,653,400 Dec.
41,402.000 Dec.
Bonds—The
100,600
205,600
1,917,800
573,500
prices of
19.469.200
14,705.500
226,065.5110
53,587,600
May
102'/,
—
110% Feb. 6
110% Feb. 6
July 11
109
106% Aug.
16'
7
iOGermauia Fire Insurance of
Elizabeth, N. J.
59
167&-170
80 Brooklyn Gaslight. Co
137%
4 New York Gaslight Co
30 Brooklyn Academy of Music. 80
new
6s,
old
do
2d
I
42
*lt>H
•17
•73
•41
series...
100%
•73%
Oct.
12.
5.
»48K
43%
75
consol
Oct.
— Since Jan.
Lowest.
*4J*
43% Feh.
•42%
42
17
15
•70
82%
•40
38
*10«!4 104
71
74
1,
•
9.
securi-
have kept pace with the fluctuations iu gold, to a greater or
extent, and the dealings have not been marked by any fea-
ture of special interest. Members of the syndicate are again
Teported to be in consultation with the Secretary of the Treasury
_
but nothing has yet been developed as a result of their interview.
This
is
.
the price bid: no sale was
made
Railroad and Miscellancoas
—
1877.-
Highest.
1
Jan.
38 45
Feb. S8 44',{.)unc
Oct. 11 22L£ Jan.
April 2' 62% Apr.
Apr.
Jan. 16 45
Jan. 23 109% June
June
Jan. 3 80
1
6,701,500
17.852 400
230 156 HO
6j,356,80O
government
10
.
1875.
Oct.
7.
25'
Oct.
.
Loans anddis. $311,817,800 $238,470,910 Dcc.$3,3 r 6,900 $263,823,300 $282,173 600
SP 001 ?-:
I
June
105% April 25
&
on Thursspecie during the week, and a
6.
104
106
107
. .
excess 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
Oct.
i
1
•65
•67
50
Mch. 5 85
*66
Central Pacific 1st. 6e, gold
105% 405% 105% !05% Oct. 4 110%
'110
•110
Mch. 16 11114
106
Chic. Burl. & Quincy consol. 7s
93% 80% April 111 96'/,
Norlhwcst'n, cp., gold
91% 92%
Chic.
*
Jan. 36, 92%
78
88% 92% 92
Chic. M. & St. P. cons. 8. fd,
Feb. 23 112
;*106% 1C6% 106% 106
Chic. R.I. &Pac. 1st, 7s
Jan. 15 115
Erie 1st, 7s, extended
93°'
103
July
1
07
Lake Sh. & Mich. So.2d cons.cp
May 2 105%
105
1C5
Michigan Central, conaol. 7b.
118
19
•116'/.
Fefi.
Morris & Essex, Istmort
Mch 5 121
117V •117
N. Y. Cen. & Hud. 1st, coup.
95
81% June 28 95
Ohio & Miss., cons, sink, fund *93V£ *H2%
Jan. 91122
117
Pitlsb. Ft. Wayne & Chic. 1st
•95% *96% •97" •12% Mcb. 29 103%
St. Lonis & Iron Mt., 1st mort
104
1"4% ll"l« 103 Jan. 9 108%
Union Pacific 1st, 6s, gold
*:»% •94% 95
92% Mch. 31 98%
sinking fund
do
The last statement of the New York City Clearing-House
banks, issued October 0, showed an increase of $55,350 in
the excess above their 25 per cent legal reserve, the whole of such
29.
6s,
28.
*42
old
Railroads.
Central of N. J. 1st consol.
day, on a decline of £693,000 in
decline in the reserve to 35i per cent of the liabilities, against
37£ the previous week. Outside the Back, discounts were obtainable at 4$ per cant. The Bank of France showed a decrease of
28,200,000 francs in specie.
Sept.
6s,
6s,
Missouri 6s, long bonds
District of Columbia, 3-658 1924
per cent.
of
s ,'
101
I
i
1, ';7.
Highest.
I
Closing prices of leading State and Railroad Bonds for three
past, and the range since Jan. 1. 1877. have been as follows:
In our local money market the rate on call loans has ranged
most of the time at 6@7 per cent on stock collaterala.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
The Bank
80,9*9,230
£85,500
SUARKS.
States.
1,048,992
52,V79.8fl!
289,021,708
and Railroad Bonds. — Virginia
North Caroiina
7,870,251
'88.739,859
100,597,600
212,189,988
21,736,300
siuce Jan,
weeks
Total Sept., 1675—
Flour
Grain
I
I
102%
53 Phenix National Bank
4 Niagara Fire Insurance Co.. .115%
158
IS City Fire Insurance Co
108 Tradesmen's National Bank.. 13314
135
59 Manhattan Bank
30 Oiange Co. Milk Assoc'n for $1,500
10,000
Corn
Oats
..
107'/2
107%
107%
107%
107% xl0.i%
Range
—Lowest.
',
|
SHARES.
Portland. Montreal. Philad'a.
196,499
1.---,
Coupon.
bond?, on small
transactions, mostly in Baltimore, have been rather weak.
Alabama class "A" have sold at 40^. Louisiana consols have
been in fair demand at 81(<681^, the total amount of consols issued
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, and nearly all the
popular issues show firmer prices. There is evidently a recovery of confidence iu these securities, and the higher prices of
stocks necessarily strengthen the bonds, as interest payments
must precede dividends, and the prospect of the latter is made
the basis for the present large advance in stocks.
The following securities were sold at the Exchange salesroom:
1877.
S10.323
Wheat
107%
107%
107%
106%
.
.
Stale
Br lake.
September
Oct.
Oct.
i
12.
RAIL.
1877.
1,140,301
Oct.
Closing prices of securities in London have been as follows:
.
1
Amount
,— Range since Jan. 1, 1877
Highest.
Registered,
Lowest,
lOS'/i Oct.
6 111% Jan. 17 $193,996,500
6jllo% Hay 26
109V4 Oct.
6 111% May 17
104% Oct.
60,9^0,950
106% Oct.
84144 May 26 93,4.'9,000
109% Oct. 10ill7V4 Jan. 23
15,729,510
8:114% Jan. 27 112,886,650
108% (let.
107% Oct.
3.114% Feb. 6
22 819,418.650
106% Oct.
8| 112% .Ian
103% Oct. 9,109% July 17 113,070,750
Oct.
6,109
May
17
103%
10!
Oct.
6406 July 24
9,111,500
July
18
61.623.512l
Oct.
11,126
120%
I
movement
Weekending—
»109%
110
*105
in prices since Jan. 1, 1877, and the amount of each
1, 1877. were as lollows:
reg.
1881
coup.
1881
5 20s, 1865, new.. coup.
5-30s,1867
coup.
5-208, 1868
coup.
5s, 10-408
reg.
coup.
5s, 10-lOs
coup
5s, funded, ls81
reg.
4Mis, 1891
coup.
4V4s. 1891
reg.
4s. 1P07
reg.
6s, Currency
is watched with considerable interest
week, and although it is believed that farmers in
many places are holding back their produce, the quantity coming
forward is so much in excess of last year as to afford satisfaction
even to those who have held high anticipations of the out-turn
of the present crop. The movement of grain by rail and by
lake from the Western lake and river ports in the month of Sep.
tember for four years past is shown in the following table:
September
Oct.
11.
12.1
109),' » 109
bonds outstanding Oct.
6a,
6s,
6s,
6s,
6s,
to
BT
reg..Quar— Mar.»104%
registered, 1907
class of
in government bonds; and a generally strong tone in stocks,
based on the advance in freight rates on the trunk lines.
grain
coup. .Mar.&Sept. "107%
funded, 1881
reg..(Juar.— Feb. 106%
funded, 1881... coup.. Ojiar.— Feb. 106%
The range
points this week in financial matters are the higher rates for
money here and the advancs to 5 per cent in the Bank of England rate; the more frequent fluctuations in gold within a range
of 102*@103i; continued low prices for exchange; a fair husinesB
The
Oct.
10.
108%
* 109%
coup. .Quar.— Mar. 103%
Guar.— Jan. 101%
emill coupon
Quar.—Jan. 101%
reg.. Jan. & July. 120%
6s, Currency
* This is the price bid; no sate was made at the Hoard.
1
4s,
4s,
12,
St,
4tfs, 1891
1V48, 1891
Oct.
9.
108%
109%
*105% »105% 105%
*104% 105>< 105% 105V4 *105%
106% • 107
107% 107% * 107
106% 107% 107% 107% 107%
»108% 109
«109
*I09
*109
101% 109V 109% 109% »I09
106% *106% *!06s; 106^ 106%
10714 107%
*107X 107^*107
*106% K6'/, 106% 108% 106%
106% 106% '106% 106% 106%
104
103.% 104
104% 104%
101
104% 101
104
104%
*!00% *101 *l01
101% *101%
101% 101%
....*101% 101%
130% *180 *120% 130% 120%
5s,10-40s
Nov. 15 Nov. 6 to Nov. 15
Oct.
105
.
When Books
Railroads.
FRIDAY, OCTOBER
.
.
:
106%
*1C9%
.
Closed.
Cent. P'able. (Days inclusive.)
Baltimore & Ohio (main stem).
Lowell & Lawrence
from week
8.
reg..Jan.
coup. Jan.
i
recently been announced
Name op Company.
Oct.
6.
k July. 108%
& July. 109J4
6s, 5-30s, 1865, n. i... reg.. Jan. & July. *105
July. 105
6s, 5-208. 1865, n.
.coup.. Jan.
6s,5-20s,1867
reg.. Jan. & July. 106%
68,5-208,1867
coup. -Ian. & July. 107
58,5-208,1868
reg. .Jan. & July. «109
68,5-208,1868
coup. Jan. & July. *109%
58,10-408
reg. .Mar. & Sept. V6'A
National Banks organized during the past week.
The followinz dividends have
Oct.
Int. period.
6s,1881
68,1881
Called bonds
XXV;
[Vol.
11
7
6
2
11
6
21
Jan.
5
11
14
Oct. 8
Oct. 6
June 29
June
Jnne
June 29
May
Oct.
10
9
June 7
May
24
Oct.
18
June 23
July
12
June 18
Feb.
6
at the Board.
—
stoclts. The stock market
aud prices generally higher than last week.
Aside from any immediate speculative influences bearing upon the
market at the moment, the subjects most commonly spo en of as
closes
strong,
I
affecting the values of stocks are the higher fi eight rates established by the trunk lines and the increased tonnage counted on
It is urged that the railroad manas soon as navigation closes.
agers have seen the folly of disagreeing and cutting under on
rates, and that there is a reaction in sentiment which is likely to
end in the establishment of as hign rates as the business of the
So far as the recent action of the trunk
country will permit.
line managers is an indication, it would seem that this view is
correct, and that they will not be likely to stop short of prices
that will pay handsomely for the transportation of freight on the
present basis of expenses. The crop movement, as shown in
another column, is so far qui e up to expectations, and on (he
tho
St. Paul aud other Western roads most directly affected by
earlv movement of grain the effect on their earnings is very conThe full r-port of ea'nings on another page will
siderable.
furnish the details in regard to every road whose report can be
obtained.
October
The
daily highest
and lowest Drlces haye been as follows:
Monday,
Saturday.
Oct. 8.
At. A I'.L-.TH.
Central of N..I
lurl.AQ
(J.
M*
North.
17
1-
!(»><
71
MB MS
8Q
hS
HM
T«
43V
4'2H
42«
43
4;*
45
135,
15
a
pL Central...
I.,
,
6»S 70S
40
42*
65* «7*
76
KM
12
SUM
ITM
U
iiS
I**
13
IS
13
28
28
Ohio it MlH...
PaclOe Mall
107
V
TCM H
70k Hj4j
63* 65*
28
78*
76
70
63
»x
".:•.
.'1
.
Panama
M
.
119* 120
IS* l'JV
fiH gifc
Adams Bxp...
grig
•98
5i
9
..
nQ
I8J,
67
i-7 1.
67
82*
»J
14
23
H
16
MS
.
BOS 8SS
N
tBia
nS nS
IB
fix
y-x
58k •>'.'
mi 50
48
United States.
49
18
•43V 49
49X 49X 47
•!:, 9)
85
85
Weill. Fargo ..
85
85
85k (5* 85
35V
* This la the Drlce bid and asked
no sale was made at the Hoard.
.
20
17
K«V
103V
70V 71*
41* 12*
60* f,7V
IMS
im
41*
42
JO*
18* 11*
49),
UW
18
29
,
29
142
142
7654 77
725, 73*
:,;.
Latest earnings reported.
$31,170
Union
24,091
27,805
113.259
994,997
Month
Pacific
sx
»x
2>*
23
180
130
18X 19*
67
83
•97
6,'X
84
94
55
49
55
11
84X SIX
The Gold IMarket—GJold
and the range iu prices since Jan.
1,
Sales
of w'k.
Saturday,
Oct.
Monday,
"
Tuesday,
"
6.
Chicago Mil. & St. Paul
do
do
pref
Chicago & Northwestern
do
do
Wednesday, "
.
Thursday,
•'
Current week.
Previous week
Jan. 1 to date
Total
Clearings.
10-JX 102.14
9.
102*
102*
pref
U.
\\\'.\
MUX
103
107 X 1I.-9X
.
The following
n,h45
109X
23,795,000
1,356,169
1,4(19,-22
103 X 103
(125,888,000
I08X 11)2* 10.',9;3,00ti
107H 108
1,215,916
1,2)6,833
are the quotations in gold
15,604
Sovereigns
$4 84
Napoleons
X X Relchmarks
84
71
90
60
15 50
@ $4 S3
@ 3 88
@ 4 80
@ 4 10
S 15 90
@ 15
—
—
— 96X9
96X@ — 97*
— 93
$8 — 95
Mexican dollars.
—93 @ — 94 X
English silver
4 75 (& 4
Prussian
thalers — 65 a — 70
Trade dollars
-»
Dimes
85'
si Iv.
(J-
Ii9i4.
973Y
;
;
— Oct
Adams Express
Total sales of the
76J,
91
week
pref.
10.
11
15,150
16,735
11,510
11,800
11,150
12
6,70:)
8..
9.
Total..
Whole stock
were as follows
in leading stocks
Lake Wesfn
Norlhw.
6
Mich. Dei. L.
St.
Shore. Union.
Paul.
Cent.
& W.
Erie.
Hud.
18.010
37.20J
28,203
27,706
17,351
7,600
41,175
9,550
17,710
39,40.)
39,310
14,200
65,0*0
44,660
37,950
18,997
36,430
4,100
3,425
3,400
4,835
3,805
1,010
55,831
38,757
35.510
89,200
38,395
41,870
12,40
28,10.1
10,700
10,704
8,950
5,200
8,9*
15,21(1
34,314
61.830
50,92)
34,200
10,71)0
73,065 252,066 189.881 74.011 59,370 249,539 247,237 20,575
216.903 494,665 837,874 153.992 1V7.382 262,030 780,0.0 200,000
total nuinlisr of shares of stock outstanding is
the last lino, fir the purpose of comparison.
latest railroad earnings,
and the
totals
Prime bankers' sterling bills on London..
Good bankers' aud prime commercial
Good commercial
Documentary commercial
from Jan.
given
in
1 to latest
Paris (francs)
(francs)
Swiss
5.22S4@5.20
*
Atch. Top.
S. Fe.. Month of Sept.. 1284,500
Atlantic * Ot. West. -Mou ili of Aug...
422,016
Bur. C. Rap. 4 Nonh 1st week of Oct.
41,881
Cairo & St. Louis... .3d week of Sept.
4,135
Central Pacific
.Month or s pt
1,4 0,535
Chicago & Alton.
Month of Sept... 478.828
Chic. Burl & ("nlncy. .Month of Aug
1,330,249
Chic. Mil.
St. Paul.
1st week of Oct.
285,000
Clev. Mt V. &D.,&c. Month of Sept..
3j,ii87
Denv. * Rio Grande.. .Month of Sept...
7.4,0)3
Grand Trunk
.Wk WML Bop. 99. seg^oM
Western
end. Sep 98.
113,736
Hannil);.! & jj t Jo...
0)1 Sept..
17,'IIJ
Hi! t'n & lex. Cent Montli of Aug..
Tl Knots On. (Id. line). .Month of Sept..
5li:;,() 5
Month of Bvpt
191,289
.
. .
.
A
.
Wk
.
.
.
Pacific
Month of Bent..
.1st week of Oct.
.Month of Sept..
Lex.. .Month of Aug...
Louisr. Cin. &
Louisv.
Nash., 4c. .Month of Aug...
Missouri Pacific.
.Month of Bent..
Mo. Kansas A Texas .4lh wei-k if Sep:.
Mobile A Ohio .... Month of Aug ..
New Jersey Midland. .Month of Aug...
Nashv. Chatt. A St.L. .Month of Aug...
A Eilzabotht'n Month of Aug ...
A Memphis
.Month of S.pt..
r
Phlla. A Erie ...
Month of Aug...
Pad.
Fad.
.
u>
A Western .Month of Aug..
3t.L.A.AT.H.<brcbs> Month of Sept.
.
.
Month of
K.C.V.- North's.. .1st
St. L.
S. Francisco
Sept...
week of Oct.
A
Mo thof Sept..
St.L.&S.En(StL.div.;
werkof Sept.
'•
(Ken.dlr.).. .'2d week of Sept.
"
(Tenn.div.). 2d week of Sept.
I..
H
1676.
llll.
1877.
1876.
30:1,7(16
(1.59)
1,871,878
521,211
1,019,871
183,M2S
35,011
47,
53
1«3,044
99.0C.1
851.693
850.845
169,993
181,251
12,0 6.107 13,!36,1!I7
3,302,720 3,ti8SH0
7,581,512 7,549 622
5,657,460 6,04">,y21
281.815
27».3I2
542,254
832,589
6,711.980 6,97-1,467
2,78J,875 2,964,i55
(guilders)
Boston liaukx.
Loans.
Apr. 23. $127,123,900
Apr. 30. 126,706,800
Mav
May
May
May
7.
14.
21.
28.
12-,671,800
129,081.100
129,488.9(0
129,151,700
3,62'uio
301,959
Ill
914,667
1,015,560
2,2.1,893
413; 895
84)7,991
Bept.8..
SeDt. 10.
Sent
17.
Sept. 24.
Oct. I...
Oct. 8...
131.850,000
1,85 ',200
1,763,200
Ml 1,900
2,4211,500
131,44'.',200
8,818,700
129,900,700
180,946,100
WO
181 378,800
129,841,800
129,167,500
128,787,400
129,811,700
128,971.300
l-2\-3\900
1.9-17,700
1,898, '.00
1,8 8.700
1,787,200
2,151,200
2.261,200
128,819,900
128,147,100
•2.4
8,870,0
May
May
14.
00,76-1,747
1^66,851
1,117.691
8111,060
2,154,821
M:iv 21.
1
2'.
June 4.
61,115.30)
02,178 530
11.
893,408,068
June 18.
62,: 91, 1-69
•I
nnc
1.950,759
1,948,009
1,880.880
1,896.980
1,343.721
370,015
1 109,578
2,795,019
2,680.932
.lane 25.
62.492,288
90489
n.v.tu
2,:;i i.-s-,
2,260,6'i2
i,i(",-2:-<
118,098
1,019,4 5
63,241 3''9
i;-:;i.:,
188,754
131,103
1,03;, 836
1,065,531
412,975
1,132,134
July 2.
July 9.
July 11.
July 23.
July 30.
8M88,7!7
125,714
15,874
987,834
43,961
44,815
851,914
80,510
137,416
ISJJBB
6,719
2,554
131.414
150,173
1.501,519
1,441,187
1,820,0:7
1.2 3. Si
1,299,115
1,845.75'.
a.osii.sn
243.401
154,997
31.701
14.891
292.390
58,194
49,666
l(H.7i;0
77,888
189.930
14,342
•
6,792
2,852
251,442
365.311
2,11-5
811,816
:;2'i
2,(,O8,047
2,306.243
9(8,088
412,705
998,851
losiaas
2,344,130
9)1.(180
414,7.16
999,498
103,1^2
Aug.
Aug.
6.
13.
Aug. 20.
Aug. ::.
!<cpt. 8 .
8ept 10.
Sept. 17.
Soot
24.
Oct. I...
Oct. 8...
63.5.•!. 003
61,4(6,285
61,0i8,595
61, 142,22)
60.940.112
60.631,929
61,110,147
61,057,342
61.15!,5'9
61.088,110
61,918.262
1
.'-,8!1,900
:
$52,476,(00 $23,4-20.000
52,975,200 23,8IH,9,0
51,437,600 28,371,400
63.208,(100
28,811,50
52.913.2
51,881.800
51,993,800
51,763.200
51,480,500
52,100,500
52.517,409
53,736,100
23,432.00))
l.l'.-M'.'l
1,215,8:7
1.138,119
1,188.27.'
1,241.007
1,149,679
l,3li.8»i)
1,376.571
1.890,515
10,W,931
5'.S8-',491
10.588,
51,473 284
51,009.831
58,6 8,719
10.52 -.178
10,644,0 8
19,^08,087
2
111
5 561
181
.'.Ml ',620
I'.i.ih;
17,1
!4,>03.
84
14,659,797
14,841,917
14,589,976
14.835,546
14.224,813
l:).lr2).8,7
1). 461,579
1(1.518,176
10,5 5,7-0
10,479.305
10.4.7.845
10.4 7,4-M
10.441.316
10.1-5,
18,706.001
17.171.710
16,508,961
15 114.508
511
1
57,913,944
57,864,938
57.8«3,i»4
12
I
'.6-2,990
45,785,125
40,615,385
3 ,959,901
42,486,112
45,541.191
41.0.-4,048
43,310,039
51,514.098
49,310,016
45.485,814
S9,08*,999
43.111,316
8S0«!,C36
i9.564.014
38,950,619
34,657,727
41,2)7,484
41.842,091
41,020,280
40,8:7,565
5), 175.098
as follows:
17.412,613
17,434,155
2i>, 11 7,
48,718,088
54,070,162
21,001.500
21,297,600
23.171.800
23,290.500
98,104,800
83,672.100
58 879,900 58,103,8)0
61,2:0,000 23,502,200
23,440,900
50.450.3
f.0.987.500 aa.Sfi.SOO
49,815 300 23.500,600
49.454,000 23,475,8(0
49.(0 ',600 23,^06,600
49,2il,700 23,33S,5H0
49,5i7,B0O 23,524,000
49.518.8 0. 2S,54S, UK)
49,118,700 2!,421.400
48,840,300 23,141,0 HI
49,458,400 23,808,0.0
51,104.158
I-.(l'lt.-77
$46,! 04,449
98,115,9 o
16,508,606
(l.i.l
311,4.10
3,l;5,f-08
61,692,0-10
6,761,50
8,862,100
6,747,100
6,819,800
t5X
Deposits. Circulation. Agg. Clear.
— Totals were
1,188,924
l..'l
62,150389
500
©5.18X
94«a S5X
94%^ 95X
Specie. L. Tenders. Deposits. Circn'atlon.
$1,808566 $15,959,149 550,834,215 $10,574,851
4,033,929
May
(i.619
17,001
2,261,200
Philadelphia Bank).
7.
6,916,300
7,012.200
7.000.700
7.202,300
7,149.003
7,135,200
7,045,000
7,154,300
7,124,200
6.316.700
5,718,700
5,725,300
6,008,900
5,988,700
9,889,800
6.416,600
1,762.1(0
1,827,1(0
139,0112.;
121.1
124,78.',900
Loans.
6,5M,;O0
2,331,700
2.542,000
8,429.600
2,337,800
2,117,300
1,996,500
1,913,300
60,337,095
701.370
481.402
2.
Julv 9.
July 16.
July 23.
July 30.
Aug. 6.
Aug. 13.
Aug. 20.
Aug. 27.
— Totals were as follows
84
®5.1S!i
08.18)4
.94>i@
,
93^@ 94X
Specie. L. Tenders.
$2,619,701 $6,026,900
@4
40X® 401t
91%® S5«
39J4& 40
»3Ji@ 9IX
93JS® 94X
98?;t» 94*
(reichmarks)
Frankfort (reichmarks)
Bremen (reichmarks)
Berlin (reichmarks)
Apr. 23.
Apr. 30.
11,888
508,106
121,378
17,000
841.861
to latest date
8265,593 $1,763,885 $1,753,381
21,611
4.78
,
Hamburg
I'll. 088,
1877.
,
(fra-ics)
Amsterdam
.Inly
1
©4.85 %
4.8iK@i4.84
gross earnings from Jan.
in the second column.
Jan.
8 days.
4S5H@4.86
4 85
SOtf
4.83
5 20
5. 90
5. SO
129,432.3' I)
l:.0,777,700
and including, the report mentioned
@4
@4.79
5.22H@5.20
5.S9H@5.20
June 4.
June 11.
June 18.
June 25.
-Latest earnings reported.
4.80
4.78X;@4 79*
dates, are given below.
The statement includes the gross earnings of all railroads from which returns can be obtained. The
columns under the heading " Jan. 1 to latest date" furnish the
1, to,
12.-
60 days.
4.S0S«@4.81
Antwerp
The
I Mt. t
87!4f
J^sAXs
par<ax.prom.
discount, selling
American Express
United States Express
*ells, Fargo 4 Co
St.
half dimes.
.
6')
US V4 "co
A
Large silver,
Five francs
i@par St. Louis, 1-10 discount; New Orleans,
commercial, |@7-16, bank |
Chicago, 60 discount; Milwaukee,
par between banks.
Quotations for foreign exchange are as follows:
51,475
52,820
Union Pacific
Western Union Telegraph
St.L.
foreign and
for
;
Panama
Wabash Receipts
St. Jos.
-
:
Pacific Mail
».
Balances.
,
Gold.
Currency.
,
active,
252,01.6
50,870
&
more fre-
business in foreign bills has not been very
and prices of 60 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 4.80J for 60 days, and
4.85}@4.85}_for demand.
In domestic exchange quotations yesterday were as follows on
New York at the places named Savannah, heavy, buying f
discount, selling £ discount
Cincinnati, quiet, buying 50 ofiscouut@par, selling 50 to 100 premium; Charleston, buying f
73,083
19,446
90,578
949,589
847.937
1.620
1,025
Michigan Central
Morris & B-sex
N. Y. Central & Hudson River..
Ohio * Mississippi
Kansas
77i4,389
3,323,880
6,957,408
American coin:
Fine silver bare
Fine gold bars
6,638
Lake Shore
The
918,991
1,088,437
3.817.118
6,624,714
Exchange. — The
.
Illinois Central
Oct.
1878.
$381,554
158,859
Jl,921,83'. $1,977,993
20.267,000 1,2-6,000
1,325,311
90.ft87.000
l,144,10ii
1,181,492
1,5 j.-k;
17,714,00
1,516,487
27,lH5,(t00
1 266.707
1,306,671
108)4
1024,
103
1027, luSX I09H
102J, 1093, I08X 108
11
•
Friday,
.
pref...
do
to latest date.
1877.
$1*7,421
rather
-Quotatlons.-
8.
111
Mexican Doubloons
2,913
74,911
Chicago Rock Island & Pacific
Delaware A Hudson Canal
Delaware Lack. & Western
Erie
Hannibal A St. Joseph
do
Harlem
100
830
..
flucttiited
Op'n Low. HighlClos.
102X :o2x
3
4
X Guilders
3
Spanish Doubloons. 15
Shares
Atlantic * Pacific Telegraph
Central of Now Jersey
Chicago Burl. St Quincy
has
1
1879.
$44,241
98,066
41,993
11!,;84
97d,781
quently each day during the past week, and after selling down
to 102J on Monday and afterwards recovering to 103}, closes today at 103. On gold loans the rates to-day were 1, 1J, 2J, 8, 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:
;
Total sales this week,
1878. were as follows:
of July...
Jan.
,
1877.
Pan! A 8. City
Month of <og...
Sioux CityASI. Paul. .Month of Aug...
Tol. Peoria A Warsaw.. 8d week of Sept..
Wabash
1st week of Oct.
St.
61* 61X
74* 7
:.-,
9SJ4
123
184
185, i9V
ISO
20H
ITS S7K
82* MJ,
81
99J< 1(W
53* 51
99X
X 24*
n\
MX
•18
17
10JX 103*
8*
23*
9*
1)8
.
i»X 20 '<
n\
8*
9)|J
2JX 24V
-'^
111
75V 76*
69* T2*
6'iX 64V
72V 75
71
MS
7.
105* io;v
10'V 107Y
109)4
»
Wall. P
41!
40* 12*
4!V 50*
I*X MX
,—
J2*
28
•27
72*
I07M .OSK
40
110.* 113
7T«
KW
6.".'
UN
70* 70*
65H 07V
UK
102
lix
351
r-
Friday,
Oct. 12.
4H
:!',
10V
ira
13V
n
71
ft
ll.AII.lt
American
iik
104)4
17\ 17*
ini! im
14
n
13* 13V
Lake Shore ...
Michigan Cent
MorruAtSasex
I"-.'.
42 V
tSJJ
111
:a
lit
20*
idi
41
iosk
pref.
•17
•17
1(1.1
atS
60S
S). .lot
18X
*
OM.lt.
10.
881/
MU
«>.,
ii4n look
* Win
Han. *
do
Harlem
'
1!'.
Oct.
Oct. >.
20
11
JOS'
103
40
42
-.on rt
WVdiii'x'y, Thuradajr,
TutKUV,
K.
I-.
pref.
do
C. H. 1.* Pie.
Del.* II. Canal
Del. L.
Erie
Ocl.
101
Mil.* St. I'.
pref.
do
Chic*
THE CHRONICLE.
13, 1877.)
56,469,191
53.329,167
52,844,689
50,448,928
49.647.7n
49^89,688
49, W, 024
19,750,086
43.275.001
49.072,910
'I'
lear.
8>7,721,577
35.75 ',866
39 756,691
868,725
87,164.340
85,181,655
31,884,457
$$ T80J10
$9J$BBLBBB
^
99,489,088
38,031,071
85.548,472
35.619,767
29,169,733
89. 105,987
80.400,090
6
10.414 015
10,338.6)1
10.117. 85
10,448,64 I
10.458.948
10,489,880
10,403,111
10,586,778
10,594,289
NMW
80,087^09
98,961,504
80.516,963
; is
SS,7S0J*8
M.Ml.^lS
10,519,169
10,576,'OQ
32,856,111
40,605,826
l •..-.•2.
•
THE CHRONICLE.
352
—
Mew York City Banks. The following statement shows the
condition of the Associated Banks of New York City for the week
ending at the commencement of business on Oct. 6, 1877:
— AVERAGE AMOUKT OP
CirculaNet
Legal
Loans and
—
,
Banks
Capital.
2,(150,0.0
Merchants'
Mechanics'
3,000,000
2,000.000
1,500,000
3,000.000
Phoenix
1,000,000
1,000.000
City
Tradesmen's .... 1,000,000
600,000
Fulton
300,000
Chemical..
Exch.
1,000,000
Merchants'
Gallatin National l,5u0,000
Union
America
Butchers'* Drov. 500,000
600,000
Mechanics' & Tr.
2O.000
Greenwich
Leather Manuftrs.
600,000
Seventh Ward.... 300,000
State of N. York.
800,000
American Exch'e. 5,000,000
Commerce
Pacific
5,000,000
1,000,000
1,(00.000
422.700
Republic
1500,000
Chatham
450,000
412,500
1,000,000
1,000,000
500,000
3.000,000
600,000
1,000,000
1,0 0,000
1,000,000
1.000,000
1,000,000
1,250,COO
300.000
400.000
I,f00,000
2,000.000
500,000
800,000
40 ',000
350,000
1(0,0:0
8,750.UX)
2,000,000
300.000
1.500,000
500,0X)
Broadway
Mercantile
People's
North America...
Hanover
Irving
Metropolitan
Citizens'
Nassau
Market
St.
Nicholas
Shoe and Leather.
Corn Exchange...
Continental
Oriental
Marine
Importers'&Trad.
Park
Mech. Bkg. Ass'u.
Grocers'
North Hiver
EastKver
&
Manuf'rs'
Mer.
Fourth National..
Central National..
Second National..
Ninth National...
First National....
Third National... 1,001,000
N. Y.Nat, Exch..
Tenth National...
Bowery National
New York County
German Americau
.
DryGoods
Total
$
$
3,000,000
Manhattan Co...
300.000
.'00,000
250,000
200.0
1,000,000
1,000,000
The deviations from returns
1,100
270,000
of previous
week
622,600
45.000
160.000
193,000
2,700
839,000
86.500
45.000
231,100
2,183.000
891,400
45,000
450,000
285,000
5,400
Aug. 85.
Sept. 1..
Sept. 8..
Sept. 15.
Sept. 82.
Sept. 29.
Oct. 6...
843,920,800
813,795,1 00
243,976.400
241,347,800
338,470,900
11.
56.
2.
9.
16.
June03.
June30.
July 7.
July 14.
July 21.
July 28.
Aug. 4.
Aug. 11.
18.
16.209,01.0
17,453,000
2', 259,300
18,887,800
14,d79,800
18,984,100
11,135,800
15,030,700
13,449,700
14,250,000
16,010.100
19,061,600
19,913,000
19.274,700
16,653.300
16,551,700
34'(,778,7O0
51,066,700
52,437.700
53,570,400
55,899 700
55,078.100
56,303,600
58,225,600
60,350,500
5-, 147,000
5^,809,800
57,499,700
57,325,200
64.262,100
53,0(44,800
52,696,0(10
50,789,000
48,180,600
45,303,900
44,045,000
42,454,400
41,975,500
41,402,000
27226.C00
'.8,000
132,600
3,000
502,200
494.600
364 200
4,700
690,300
..
.
528.000
1,108,800
60,000
202,700
226,615.400
285,438,600
223,481,600
223,788,500
832,665 800
223,316,100
826,438,2
831,w2\600
329,088,300
888.813,600
821,064,900
219.166,600
215,431,600
813.414.600
313,n2H,800
209.450,700
810,574,100
208,582,4 K)
200,724,100
300,771,800
197,853,400
16,O6(,9('0
16.06 (,(100
16.143,700
16,162,000
15 971,001
15,765 600
15,643,200
(5,558, 100
15,668,400
1.3,546,400
15.517,900
15.585,30)
15,689.500
15,545.900
15,5 5,500
15,383.300
15,568.400
15,577,100
15,596,100
13,724,400
15,990,300
8TATE AND CITY BONDS.
5s, g'd, mt reg. or cp.
,
5s, cur., reg
5s. new. reg.,189M902
6s, 10-15, reg.,l-77-'8-i.
6s, 15 25, reg, lS32-'32.
do
do
do
....
05
;
.
6b, new, reg. ...
do
Allegheny County 5*. coup..
lisvi
*
6s,gnid. reg
..
7s, w*t'r In, reg.
1,044,300
1,418,000
27(\000
717,600
354,800
49,400
267,500
442,orO
318,400
ls.0,000
432.84 ',4 9
803,161,605
384.630 097
833,535,818
401,145,247
889,281,258
30.3.t-2S,9'3
327,703,221
S45,922,9.,6
391,344.937
400,708,210
36-(,914,K04
300 467.627
340,062 240
344,75,974
420,015,000
400,701,028
397,870,3-5
379 235 693
405,082,278
...
&c 101h
Baltimore
do
do
do
do
do
do
do
do
Camden County 6s, coup....,
Camden City 6s, coupon
7s, reg. * coup
do
Delawpre 6a, coupon..
Harrisburg City 6s, coupon
RAILROAD STOCKS.
.
C mden
&
Atlantic
,
_
41
30^
I
Philadelphia* Erie....
PulUdeiphia* Head ng
Philadelphia* Trenton
Ph 'la. Winning. A Baltimore.
1«H
m
Buff
124
United N. J. Companies
wett Chester cousol. pref....
W est J ersey
CANAL STOCKS.
Chesapeake A Delaware
Delawore Division
W%
Lehlgli Navigation..
do pref
Peansyivanla
..
m
do
pref..
Susqueh.mna
RAILROAD BONDS.
.
Allegheny Val.,7 3-I0s, 139'i ..
do
7a, E.ext.,1910
do
inc. 7s, end., *9j.
Belvldere Dela. 2d m. 6s. 'Si..
do
3d in. 6s, 'J7..
Camden & Amboy 63, *j*3.
Tltusv.
,
ioik
max
m
m
10l»W
mi
111
IN
BOSTON. PIlLiDBLPHIA IND OTHER CITIES.
Bid. Ask.
6K0TJBITIKS.
SECURITIES.
BOSTON.
Vermont* Mass.
no Eton
11(1
BoBton 6s, currency
do 5s,gold
Chicago sewerage 7s
do
Municlpal7s
do
2(17b
do
land Inc.
Boston a Albany 7s
_
Burl.
&
do
do
107
N7
till',.
7s.
.
new
Maine
9*H
L<t 124J*
TO
SB
71
Connecticut River
Lse
Conn. &PasBUinpsIc
40« 49% Eastern (Mass.).
3% 4
L01H Eastern (New Hampshire)... 25
in
iiej| Fltchburg
104}* 10O
Manchester & Lawrence. ... 124
Nashua & Lowell
New York* New England...
Northern of New Humpshlrc
105% Norwich & Worcester
m Ogdensb. * L. Champlaln ...
..
KS
.-iio,
do
31
pref.
..x
Portland Saco * Portsmouto
itatmna, common
do preferred
7s
"80.
do
2d at.. 7s, 1891
Vermont. afc Canada, new 8a
do
9%H
Jl« Old Colony
its
ml
Vermont A Canada
Vermont & Massachusetts.'x
Worcester* iSaahua
40
.
8b,
1
1
104
100
104
104
80
05
10
t
102
102
45
100
110
112
104)4
88
100
108
112
105
103
08
50
04
75
108
102
93
95
"si
77
.
70
00
1.0
115
00
35
92
Miami Btock
94
t 102
6s,'82to'87
6«,'9.to'9i
t
(-7
t
07
VI
07
water 6s,'S7 to '89 +
water Btock 6s,'97.t
wharf 6s
t
Bpec'l tax 6a of
'89.
w
07
M.il.lBtm. (1«M) 7»,'81t
2d m., 7s.
do
70
lbt m.,78, 1»('6 ...t ieo
do
.
LoulBV.C.A Lex.
.
1st ni. 7s, '97.
us
Louis. & Fr'k.,Louisv.ln,6a,'8. 100
Louisv. & NaBbvIlle—
t
Leb Br. 6s, '86
1st m. Leb. Br. Ex.,7b,'S0--5.t
do
68, '»3...t
Lou. In.
Consol. 1st in. 78, '98
Jefferson Mad. & Ind
Louisville* Nashvl le
Louisville Water 6a, Co. 1907
1st in. 6s, cp., '96.
do
1st m. 7s, '97
do
Western Penn. Hli. 6s, :893...
6s P. B.,'96
do
Winn. * Read, let m. 7s. 1900"
104
1
»8H
70X
101
noi<
100*
07
(HI
07
IIS
•U
8*
ST. LOITIS,
(
In default of Interest.
881
Ind., 7s, guar...
St.
lot
St.
101
IIO
Louis 68. lo g
t 102% I08M
lorx
107
water db, gold
do
do now.T lo:/
do
do
ilg
bridge aDpr„ g.6s t US'
renewal, gold, 6a. ,(,5
do
—
sewer, g. 6a, 1 -2-8. 105'
ao
Louis Co. new p,»rK,g.6>.T 107J«
do
cur. 7s
t
lili. bd8, sor's A
St.L.& San K.
do
do
do
do
,,
I
M
104
104
104
104
8i
3dm. 78, '84.
do
Dayton & West.lstm., '8(...t
1st m., 1905
do
i8i ni.i' «..'.
do
Ind. Cin. & Laf. :st m. 7s.
(I.&C.) 1st m.7s,'l
do
Little Miami 6s, >S
Cin. Ham. & Dayton stock.
Columbus & Xenla stock
Dayton & Michigan stock..
do
8. p.c. st'k, guar
Jeff.
West Chester cons. 7s, '91. ..
WcBt Jersey 6s, deb., coup., '83
*
ma
ma
ma
ma
A
do
do
do
do
do
do
*9i
m
102
(1843) 6s, at pi.
at pi. .
joutsrllle 78
in ben v. & Ind. 1st, 6s, i88l.
Stony Creek 1st in. 7b, 9J7..
Suubury & Erie 1st m.7s, *77..
UultedN.J. cons. m. 6s, '94
ccnv.,g., rg.,'94
gold.
7s, rg ,191!
do cons,
Morris, boat loan, reg., i885.
08
52
IiOCISVIL,LE
Phila.Wilin.&BjIt. 6s, '84 ..
Pitts. Cin. A St. Louis 7s, !900
Shauiokin V.A Pott^v 7a, 1901
2dm. i902*...
do
CANAL BONDS.
Che san. A Dela 6s, reg., 'Bi..
r
Delawa e Division 6s, cp.,*78,
Lehigh Navigation &*, reg.,*84
RR., rg.,'9:
do
do
deb.,rg., 77
couv.,rg. '82
de
Ham, A
Little
.
8*
2
113
ui:i
do
7s
t 100
780s
t LOS
do
do
South. RR. 7-308. 103
do 63, gold.
do
Hamilton Co., O., 6s. long., .t
7b, 1 to 5 yrs..t
do
do
7&7'30». long.t
Cln.& Cov. Bridge st'k, pref
Clu. Ham. & D. 1st m. 7s, '80
do
2d m. 7s, '85.
'liO,
F. lBt m.7s,
u
.
7s, oup.,'93
do
deben., cp.,'93
do
do cons. m. <b, cp.,l9r
do cons. in. 7s, rg..!9:i.
6714
do new con. 7s, 1&93
Phlla.* Head. C.A l.deb.7B.^2
do
'.a. "92-93.
do
Wurren*
88
8n
.
Ogdensburg 4 Lake Cb.Ss...
Old Colony & Newport 7s,'77
verin't C. 1st m., cons. 7s,
123% 124
95!<
51
io.'i
96-'9u6
st
Concord
Nirli. XK, l-KI
Neb.8s,1883
Kastern, Mass., 3X8, new.
Hartford* Erie 7s, new
Rutland,
....
!
12s.
& Lowell 7s
& Maine 7s ...
Mo., land erant
&
&
STOCKS.
Albany
Lowell
& Providence.
Burlington & Mo. In Neb
Cheshire preferred
C!n Sandusky & Clev
Atch. &Tcpekalstm.7s
do
land grant 7s
Boston
Boston
Boston
Boston
Boston
it
Bid. Ask.
1st m.,6s,*68
HO
Certlfs. gen. Imp. 8*. T7-78. 100
series
do
100
Certlfs. sewer, 8s, '74-77
Bi
I
QUOTATION
7TJ
IDS
Indiana 8tm.7a
2d m.7s, \7..
do
Colum. A Xenla, 1st in. 7s,v '90
Dayton & Mich. 1st m. 7s, 81
do
2 J m.78, '84
6s, >g.,19i0.
6s,
M1M
6s, at pleasure
do
SB
Bounty stock. 6s
do
83
Market stock, 6s
do
SO
Board of Public Works—
Cfn.
Cin.
OS
,
A Reading
100
ra
108
CINCINNATI.
6 rg., 1905
cons,
cons. m. 6s. cp., 1905
Perr.iomen 1st in. 6s, coup., V;
Plilla. & Erie 1st m.6s, cp.,'8'
2d
7s, tp.,'S8,
do
Phlla.
IC'H
'47) 6s,
Cincinnati 6s
Pennsylvania, 1st m., cp.,*8U..
gen. m. 6s, cp., 19i0.
do
i; en.
(
General Btock,
L09
MIX
954 BOW
Georgetown.
A B., 7s, cp..*96
Pa.*N.Y.C.AP.BK.7B,
do
do
do
do 6s, gld, 1900, J.4J.
Cen. Ohio 6s, 1st m.,'90.M.& 8.
W. Md. 6s. 1st m., er..'90,J.4 J.
do 1st m., 890, J. & J...
do 2dm. .guar., J.& J
do 2i m., pref
do 2d m.,gr. by W.Co.J&J
do 6s. 3d in., guar., J. & J.
Mar. & Cin. 7s, '92, F. & A ...
2d,M.&N
do
do
88,3d,J.*.I
Union HR. lBt, guar,, J, & J.,
Can on endorsed.
do
HISCKLLANEOUS.
Baltimore Gas certlllcates...
People's Gas
do
Northern Pac. 73- t0s,cp.,1900'
North. Penn. 1st m.6s, cp.,'85
2dm.7s,cp.. "96.
do
do gen. m. 7s, cp., l!03.
do gen. m. 7s, reg. f 190?
Oil Creek ibt in. 7s, coup.,*8
f-itlsb.
Pltt8b.& Connellsv.'i8,'98,.IftJ 100
Northern Central 6s, '85, JiJ 105
6s, 1900. A.&O 100
do
Cbes.ft O. st'k
'95
bs, reg. ,189s...
7s, reg., 1910...
con. in., 6s, rg. ,19^3
Schuylkill,
1st in. 7V77
Little
20
1
3d m. cons. 7e, '95*
do
IthacaA Athena 1st, gld, is.,'90
Junction 1st mort. 6\ '82
2d mort. 6s, 19 * ...
do
Lehigh Valley, 6*. coup.. 1898
do
do
do
8s
04
Fund, loan (Coi,g.) 6a, g., '9a. 102
do
(Leg.) 6s, g., 902. 10)
Certlf s.of st ck ( 1828 5», at pi. 75
(10
1st in., 5s,perp.
gold,
&J
j.&j
1900, J.
uoi,
Washington.
Ten-year bonds, 6s, '78
Harrisburg 1st mort. 6s, '8.1..
H. A B. T. lBt in. 7s, g >ld, *90
in. 7s,
iiiK
5s
.
4S
Dan. H.A Wilks.,lst.,1s t '3?V
Delaware mort., 6s, various.
IV1 A Bound Br„ 1st, 7s. 190: •x>
102
K:i-t Penn. 1st mort. 7s, '88
El.A W'msport, list m. ,7b, *e0 102 H
2d
Si»
Vtstricl 'f Cotunibia.
A
A
new
Vi—
WASHINGTON.
.
•". coup., '89
mort. 6s, reg., '89
Atl. 1st m. 7s, g., 19- )$
Cam.
21 m., 7b, cur., '81
do
Burlington Co. 6s, '97,
Cam.
CaUwlssa 1st, 7s, conv., '62. .
chat, m., 10s, 'tS8 .
do
7s, 1900
do
Cayuga L. 1st in., g., 7a. 1901*.
Connecting 6s, 1*XM904
do
M.A
6s,exetnpt,'JS,M.&S
Perm. Imp. 6s, g., J. iJ., 891.
7s, (891
do
Market Stock bonds, 7s, 1892.
107« Water Stock bonds, 7s,
190
7s, i903..
do
do
do
do
do
6s, 189 ', quarterly. .
6s, park, 1890,
6s, 1893,
S ....
RAILR'-AD BONDS.
& Ohio 6s, 18S0, .!.*.!.
108^
do
6a, 1885, A.&O,
N. W. Va. 3d m..guar.,'85.J«J
...
Schuylkill Navigation
;i a
Bait.
50
Neequehonlng Valley
Norrlstown
North Pennsylvania
Pen nsy va ila
108
quarterly.
J.&J
50
41Vi Central Ohio, pfi
Pittsburg & Connellsvtlle..50
Jiinchin
A
SSI,
RAILROAD STOCKS. Par.
Balt.&Oblo
100
106
do
Wash. Branch. 100
Parkersb'g Br. .50
do
Northern Central
50 17* IS
Western Maryland
50
Delaware * Bound Brook
East Pennsylvania
Elmira & wliliatnsport,
do
pref..
do
Har. P. Mt. Joy * Lancaster.
Huntingdon* Broad Top...
do pref.
do
Lehigh Valley
Pittsburg litusv.
6s.
6s,;8S6,
Norfolk water,
pref
do
do
Catawlssa
pref
do
new pref.
do
112
H4X
,
m
438,3)8,637
BALTIMORE.
Maryland 6s, d fensc, J.&J..
do
6s, exempt, lt87 ...
do
6 J 890. quarterly..
do
5s, quarterly
4s, coup., 1913
5s, reg.
cp., 191
do
do
do
B5~
90
,
Phll»de!phla6s, old, reg
Pittsburg
Bid. Ask.
do
2d ni. 6*. 1'JO
62
do
m. 6s, '95. ..
'80
do
6i, Imp
108^
do
6s, boar & car, 1'J
do
7e, boat & car. 19 5
i'u
Susquebanna 6s, coup.. ;9.8
Morns
93,300
are as follows:
16,068,700
SECrRITIES.
Pennsylvania 68, coup., '.9(0.
ScbuylKllI Nav. iatm. 6s, '97
Little Schuylkill
448,100
69,500
|
23,272,500.
21,8(7,200
21,348,700
19,814,500
19,441,700
18,352,100
SECURITIES.
Penna.
do
XXV
Continued.
ICK.
PHILADELPHIA,
do 7a, Hr. imp., re*., '83-3ti
N. Jersey 6s. exempt, rg.&cp
81. $357,(09,700 $20,354,300 $45,806,200 $2.'d,331,4
$15,984,000 $412,451.(79
28.
255,738,800 20,534,500 48,865,000 222,901.200 15,996,100 416.609,642
5.
853.013.900 23.119,100 50,441,700 2.'6,957,000 15,(.95,9O0 467,4(19,395
12
BOSTON, PHILADELPHIA,
790,700
I
256,519.600
253,804,700
853.50 ,500
250,754,400
551, (73 000
850,687,500
85", 416,510
851,635,600
2i3,323,-00
852,452,700
853,082,200
240.169.60)
249,767,800
245,377,200
243,896,300
841,899,600
Aug
38,000
7,500
131,800
120,800
Dec. $3,376,900 Net Deposits
Dec. $2,917,800
Dec.
100,600 Circulation
Inc.
265,800
Dec.
571,500
following are the totals for a series of weeks pa*t:
Loans.
Specie. L. Tenders. Deposits. Circulation. Asg. Clear.
Tha
June
June
June
$
$
$
8,613,600
1,445,800
4,335,100
480,900 1,244,900
300
746,700
5,171,300
783,300
7.132.5C0
4,856,300
775.500
521,200
6,319,700
S23,0<
3,156,100
3:0,500
4,311,0:0
6,808/MO
984,600
955,300
8.990.000
436,0f0
2,625,000
246,000
2.724,000
4,471,700
986.900
874,000
5,702,600
1,785,8(0
68,000
876,200
3.234,200
1.564.100
145,600
474,800
1,1104,300
700,300 2,877,300 10.463,900
10,203.900
S,36S,703
110,200
513,300
3,191,900
469,600
2,192,100
8,7->4,900
322,700
1,117,000
b2,000
226,000
1,476,000
970.900
40,400
302,600
1,709,0(0
707,200
101,600
798,100
2,147,300
2,547,400
231.100
309,500
181,300
954,400
947,700
91,400
635. 100
383.700
1,1«7,800
1,954,400
7,580,100
609,200 1,496,000
11,471,400
399,000 2,147.300
6,140,300
13,977,100
3,340,600
132,400
639,900
4,921.600
2,659,000
206,800
350,800
8,133,300
1,D90,500
27,600
498,100
2,039,400
1,893,600
3,435,100
310,000
158,400
159,MM
593,100
2,043,500
8.950.700
27.400
138.400
1,137,400
l,32i,600
101,300
858,000
1,863,900
2.153,000
3,f 28 600
203,300
496,100
2,957.400
2,078,000
22,200
441,700
2,113,0
9,3'5,000
10,910,000 1,393,(00 1.032,000
5'i,700
820,100
1,563.800
1,546,500
1,S56,9,|0
20,100
253.500
2.094,900
170,900
444,200
l,75-(,7O0
S, 817,600
1,1(62,300
71,500
238,800
2.167,300
16\i00
2,921.700
3,627,000
658,000
90,400
Oob.OOO
2.111.300
8,134,900
428.000
2,129,400
3.157,*00
65,000
2 '5,700
10.400
1,050,100
1,288,600
107,000
309,000
1,645,500
1, £47,000
448,800 3,417,600 14,851,800
14,802,200
10,2-i0.800
611,900 3.0H9OO 12,827,800
682,000
733.800
10,000
143 000
201,400
725,900
7:9,700
1,600
1»,900
125,800
987,300
767,300
717,800
8,'iOO
142,400
559,109
437,300
1,700
128,700
511,400
13.785,h00
C86.CO0 2,099.000 10,932,100
110,000
1,513,000
6,608,000
7,767,000
467,000
1,855.000
1,830,000
141,700 1,235,400
5,0:d,600
4.510,700
4,9(2,200
660,800 1,480,900
6.837,000
377,800 1,173,500
6,050,600
5,674,600
1.338,000
70,600
154,900
888,100
1,272,300
9,800
151,200
5S7.600
244.080
1,114,700
2,000
877,600
l.Iiu.SOO
1,053,000
380,000
2,144,300
125,900
355,100
1,883,700
8,197, 500
8,(to8.000
5,5li2
Specie
Legal Tenders
May
May
May
May
tion.
69,235,200 233,470,900 16,551,700 41,402,000 197,853,400 15,990,200
Loans
Apr.
Apr.
Specie. Tenders. Deposits.
Discounts.
$
New York
,
[Vol.
t
And
Interest.
do it
do C
ra
B
October
18, 1877.
THE CHRONICLE
|
353
NEW
QUOTATIONS OF STOCKS AND BONDS IN
Bond* and
47. S.
activ e
ECUH1TIBR.
State Bonds.
M.&
K.
ft
UK..
Ch. K
18W
ArWHtv.asas.fuiHlisl. ...
do h, L. K. * Kt.S. laa
do 7.* Memphis A L.K.
do 7l. L. li.l". It. ft N.O
do 7s, Hill. (>. ft U. K
do h. Ark. Cant. KB...
eeorgues
do
do
do
new bonds
7i,
do
do
do
do
do
do
do
do
do
i
Chic.
KIM
Chic.
do
do
IS91..
1893..
.
Korth Carolina—
S
«a, old. J.
17
J
A.AO
do
K.C.RU
17*
do
.. ..A.40...
do coup, off, ,1. & J.
do do off, A.AO
Funding act, '866
1868
do
New bonds, J. A J
A.AO....
do
(M
do aa,:886
Knode Island 6s
South Carolina—
Funding act, 1866
Land C. 13S9, J. A J....
Land C, 1889, A. A O...
l
1867..
..
..
Ti<4
Cent
Dubuque A Sioux
.
Island
Missouri Kansas A Texas.
New Jersey Southern
N.T. New Haven A Hart.
Ohio
A
Mlst-lss'ppl.pref
Pitta. Ft. W. ft Ch., guar..
do
do
special.
Rensselaer
Koine
ft
Saratoga.
Alton
107« Central
SO
A T. H
47M,
?2
MM
.
do
do
pref.
Bellcvllleft So. 111., pref.
St. L. I.
A- Southern..
Bt.L. K. C. ft North'n.nref
Terre Haute
lnd'polts
M
&
113
115
103
us
35
LiS
ibo'w
110
111)
112
112
112
110
112
23
6
63
87* 90
68
til
KO
Paclflc, 7s, gold, conv.
93
27
72
03
103
105
104
.
Toledo Peoria ft Warsaw.
United H.J. H. A c
Warren
ITIlBcel'oii* Mocks,
1st 7s. in years, loo
8s
,.
waterworks
Lynchburg 6s
Macon bonda, 7s
Memphis bonds C
bonds A A is
do
do
end., M. & C.
MoblleSs (coups, on)
do 8a (coups. on)
do
6s, funded
Montgomery
Nashville
6s,
6s,
do
New
80
,
...
in
20
20
12
50
80
,
.....
8s
old
,
77)4
34>5
new
Orleans prem.Sa
,
consol. 6s...
mllroad,
39
,
6s..
wharf imp'ts, 7-30
100
,
Petersburg
A
«8
101
bl
51
55
VI
31
21
15
25
Ft. Dodge 1st 7s.
Det. Hillsdale
In. RR. 8s ....
Des Moines
A
Detroit A Bay City 8s,end...»t
Det. Lans. A Lake M. 1st m. 8a
Dutchess A Columbia
Denver Pac, 1st m.7s,
Denver A Klo Grande
!0S)s
97
6s
'Si*
52
80
90
7s,
do
gold.
Macon A
do
Land grants, 78. toafc 103
Sinking fund...
'•'7'4
Pacific R. of Mo., 1st mort..
'91
do
2d mort
90
A O.N. conv. 8s....
.tackson Lans. A Sag. 8s, 1st m
Kansas Pac.7s,g.,ext. MAN, "/J
.
in'
SI
2.7
5
:-W
.
.
108
71
73
40
90
42
S6)»
09
88
71
8
27
DO
7S
81
lis
ICO
41
41
20
86
43
43
30
5
10
m
m
do ex
cert. 6s
8a, Interest
..
2d mort. 8s..
&•lacks.
m. 8s.
1st
Certificate, 2d tnorig. 8s
A St.L. 7s..
Petersburg 1st m.8a
Nashville Chat.
Norfolk
A
.
do
do
do
2dm.
Northeastern, S.C,
1st
m.
7f
8s
Orange A
do
do
ts
do
82*
Rlchm'd A Petersb'g
IS
do-
Rich. Fre'ksb'g
*
Ida, to..
Sda,8a...
4th«,8s..
m.
1st
Poto.
7s.
««.....
do mort. 7s
do
A Danv. 1st consol. 6a.
Southwest RR., Ga ,conv.7s,'S6
A. Carolina RR. 1st m. to
Rich.
7a,190tt
do
7s, non mort..
do
stock
do
Savannah A Char. 1st M. 7s...
Charleston
A
Saran'b
6s,
35
IIS
M
102),
90
84
04
S!
W)
SO
75
71
8s.. loo
2d m. 8a..
Alexandria, lsts, 6s.
do
1H)
lt'5
Little Rock 1st
Mississippi Central 1st
7s ..
do
2d in. 5* .
Montgomery * West P. 1st 8a.
Mont. A Eur aula 1st 8s, g., end
Mobile ft Ohio sterling 8s.
N. Orleans
.
82
85
92
45
II
do
do
do
.
ios
2d endorsed,
stock
Memphis A
5*
113
48
73
stock..
2.7
•1.0
9
do
7s. gnu*.
Augusta boads..
do
13
21)
M
Col. 7s, 1st mort.
do
.
H.
stock
Memphis & Charleston 1st 7s..
do
2d 7s...
MM
Int.
A
Greenville
104
104
117
117
mort. b'ds lOJ* HI4Si
L
Central Georgia consol. in. 7s.
45
do
stock
70
Charlotte Col. & A. 1st M.7s.
do
do
stock
iwi
Cheraw A Darlington di
75
East Tenn. A Georgia 6s..
East Tenn. A V». 6a end. Tenn 75
E. Tenn. Va. A Ga. 1st in. 7s.
:;5
do
do
stock....
Georgia RK. 7s
7a
ld.gr. ,g.
do 7s, g., l'dgr..JAJ,'80
do 7s, g„ do MAS.'Sti
do 6s, go!d,.!.&I>., 18116
do
Income, 7s.
do
do 6s, do F.AA., 1895
IstCaron'tB
Am. District Telegraph.
Pcnn. RK—
do 78, Leaven, br., '96.
Canton Co., Baltimore
Pitts. Ft. W. A Chic, lstm.
do Incomes, No. 1,
H»)4
Cent. N.J. Laud A Ira. Co. To*
do
do
do
No. 16.
do
American Coal
2dm. US
do
do
Stock
do
Consol Idat'n Coal of Md.
8dm.. »sk
Cleve. A Pitta., consol., s.f. 110
Kalamazoo A South H. 8s, gr.t
Mariposa L. A M. Co
'.o
Kill. Allegan, ft O.K. 8s.gr...
4Ui mort
104
do
do
pref.
Col. Chic. A Ind. C, 1st mort 37H
Kansas City A Cameron Hs.M
Cumberland Coal A Iron.
do
Keokuk A Des Moines 1st 7s.
do
Maryland Coal
2d mort 10
Kome
Watert'n
do
funded Int. 8s
A Og.,con. 1st 40
Pennsylvania Coal
St. L. A Iron Mountain, 1st m. n
do
pref. stock...
Spring Mountain Coal...
SO
do
do
Lake Sup. A Miss. 1st Is, gold.
2d m.
to
Railroad Bonds.
St. L. Alton A T. II.—
Leav.Law. A Gal. 1st in., 10a.
(Stock Exchtm«e Fricei
Alton A T. H., 1st mort ..
Logans. Craw. A 8. W. 8s, gld.
in 112
Boston H. & Brie, Nt m..
•*
do
2d mort., pref.. si
Michigan Air Line 8a
do
guar.
do
1SX
2d mort. Inc'inc 70
Montlcello A P. Jervls 7s, gld.
73
Bur. C.K 4 North., Isl5(.. 50), 111
Belleville A S. lll.K. 1st m. 8s
MontclalrAO.L.lsl ;s
Chesa A Ohio o». 1st m.
23
Tol. Peoria A Warsaw, K. |>
..
do 2d m.',B
do
ex coup
do
w. D..
do
Mo. K..V Tex. 1st 7s. g., 1904- '06
Chicago A Alton 1st mort.
do
do
2d 111 income...
do Bur. Dlv.
do
Income.
do
do 2d mort..
N. Haven Mtddlet'n A W. 7a..
Jollet ft Chicago, :at m.
do
do consol. 7s ao
La. ft Mo., 1st tn., guar.
tol. A Wabash, 1st m. extend,
* Price nominal.
?t.L.Jack.A Chlc.lst m.
do
ex coupon
t Anrf accrued lot? ttU
s
do
do
\
2d 7s, 20 years..
Connecticut Valley 78
Connecticut Western lBt7s
Chic A Mich. L. Sh. 1st 88, '89.
Dan. Urb. Bl.A P. lstm. 7s, g.
68,1887
Paclflc, 1st
104X
Augusta, Ga., 7s, bonds
Charleston stock 6s
Charleston. S. C.,7s, F. L. bds.
Columbia, S.C. ,6s
Columbus, Ga., 7s, bonds..
.
do
do
6s, 1883
100
l'.lX
113
Atlanta, Ga., 7s
do
do
do
101
8s
70
41
100
03
CITIES.
111
114
110)»
Kvansvllle A Crawfordsv., 7s..
Erie A Pittsburgh 1st 7a
A
do
con. in., 7a..
117H
do
7s, equip...
113
Kvansvllle Hen. A Nashv. 7a..
Us
117
Kvansvllle, T. H. A Chic 7s. g.
flint A Pore M. Bs.Land grant.
Fort W„ Jackson A Sag. 8s, "89
North Missouri, 1st mort
uYo'h
Grand 11. ft Ind. '.at 7s, l.g., gu.
Ohio A Miss., consol. sink. fd.
consolidated
do
94 ....
do lat',8, 1. g., notgu.
do
2d do
D3-.j
do
1st ex l.g. 7s.
55
1st Spring, dlv..
Grand Kiver Valley 8», 1st m..
do
llous. A Texas C. 1st 7s, gold.,
Paclflc Railroadsin.V.,
Central Paclflc gold bonds
do
consol. bds.
do San Joaquin branch
?6H Indlanap. A Vlncen. 1st 7s, gr.. t's
Iowa Falls A Sioux C. 1st 7s... IW
do Cal. A Oregon 1st
55
83
St-tte
Aid
IndlanapoUsA
do
bonda.....
St. Louis 1st 7s
Houston A Gt. North. 1st 78, g. '08
do Land Grant bonds..
93
International tTexas) ietg
or,
Western Pacific bonds.
101
108
Union
do
do
<
.
consol. 7s
6e, real estate...
6s, subscription,
Hudson, 1st m.,coup
do
let m., reg..
Hudson R. 7s, 2d in., s.f.. 1885
Harlem, let mort. 7s, coup...
7s. reg ...
do
do
40
Alabama new consola. Class A 39
Class B
do
do
do
do
OliM
98
Georgia 6s, 1878-'86
South Carolina new consol. 6a. 58
Texas «a, 1892
M.AS 99
do 7s, gold, ,89iM9lO. J.&J. 110
do 7s,gold. 1904
J.AJ 111)4
107H
do As, gold, 1907
J.&J.
do 10s, pension, 1894.. J.&J. iota
too
>
.
Securities).
STATES.
29
no
«0«
*34
35
105
.
.
do
mi
60
O. O.
lstm.
equipment bonds.
Jersey Southern lstm. 7s
do
do
do
do
do
cm
W2H Richmond 6s
A Fox R. Valley &
110
111
Savennah 7s, old.
Qulncy A Warsaw 8s
:o9K
do
7s, new
Illinois Grand Trunk...
,8p no
Wllm'ton, N.C., 6s, gold coup
Chic. Dub. A Minn. 8s
20
do
8s, gold i on.
Peoria A Hannibal It.
100X ioi«
Chicago A Iowa R. SsSs
60
RAILROADS.
American Central 8s
Jo
t ioi<4 102
Chic. A S'thwestern 7s, guar.. 94
Ala. & Chatt. 1st in. 8s, end...
"9'), Ala.& chatt. Kec'vcr's Cert*s
Chesapeake A 0. 2d m., gold 78
6
Chicago Clinton A Dub. 8s
IS
Atlantic A Gulf, consol
20
Chic. A Can. South 1st m. g. 78. 20
30
do
end. Savau'h
Ch. D. A V., I. dlv., 1st m. g. 7s.
do
stock
4
6
50
do
do guar..
Chic. Danv. A Vlncen's 7s, gld 10
Carolina Central 1st m. 6s, g.
Col. A Hock V. 1st 7s, 30 years. 101
LOS
M
7s, 1902 ....
88. 882, s.f.
N. Y. Central
10.',
Int. certlfs
Dixon Peoria A Han.
&0
(Brokers' Quotations.)
Central of Iowa 1st m. 7s, gold
30
Keokuk* St. Paul 88.. ^ - 't 101X 101«
Norfolk «s
Carthage A Bur. 8s ....
... t 101,1!
S.
do
Sonil.
.
m
with
73
35
'70
I!.',
isV
7a, gold
Wisconsin Cent., 1st, 7s
BO
Mercant. Trust real est. mort.7" L0]
I
S p. c.
m
West Wisconsin
102
19?3
Nebraska,
100
bo
guar
2d,
.
new bds
20
M
n
n
T. H. 1st.
South. Cent, of N. V. 7a, guar.
Union 4 Log an sport 7s
Union Pacific, So. branch, 6s,g
Walkill Valley 1st 7s, gold
t
ft
do
02?*
.
.
Watertown
ft
St. Louis
New
t
.
108
St. Jo., 8s,
do
do
o
City.
Brtepref
Indlanap.cu>. ft Laf
Jollet ft Chicago
Long
bds..
Mich. Cent., consol.
Albany ft Susquehanna...
Central Paclflc
Chicago A Alton.
do
pref
Cleve. Col. Cln. A I
Cleve. A Pittsburg, guar..
A
&
do
11,0
Cairo A Fulton, 1st 7a, gold...
California Pac. RR., 7s, gold
do
6s, 2d in. g.
Canada Southern. 1st
105
Mon. A ToL.lat 7s, 1906.
OS*
Lake Shore Dlv. bonds
43
Cons. coup.. 1st.
do
6
Cons, reg., 1st..
do
74
Cons, coup., 2d..
do
Cons, reg., 2d
do
Marietta A Cln. 1st mort
(AcUvepreiVusii/ quot'd.)
various
Mo. Klv., laud m. 7s. ..t
do
3dS.,do8s...t
do
4th S., do 8s...
do
5IhS„doS8...t
do •
6th S., do 8s...
Bur. C.K. A N. (Mil.) g. 7s....
Bur.
103
N.Y. A E, 1st. m., 1877.. 101
10!
large bds.
do
do
new bds. 1*11*. 107
do
do
do
1)5
+ 108
t 109« ii'i'«
96
t 93
10
t K)
RAILROADS.
Atehl«on A P. Peak, 6s gold..
Atchison
Louls-Vandalla
A
109)i
t iosm
t 108
109
1885-98
6s,
Toledo 88. 1877-'89
Toledo l-30s
Yonkers Water, due
10%
2d mort
98
60
25
20
70
mort...
J. 1st
St. L.
So'eaatcrn 1st 7s, gold.
St. L. &, I. Mt. (Ark. Br.) 7s, g.
112
Indianapolis 7-308
A N. Ind., S.F., 7 p.c.
A Tol. sinking fund
K3«
new bonds
Cleve. P'vllle A Ash., old bds ioa
Railroad Slocka.
St.
Long Island City
t 1)7
Newark Clty78 long
t 110
do
Water 7s, long., .t 113
09wego 7b
t 103
PoughkeepRie Water
+ ion
lloehester C. Water bds., 1303t iia
H5X
A Erie, new bonds..
A State Line 7s
Kalamazoo A W. Pigeon, 1st
small..
registered
I
do
Hartford
extended
endorsed
7 p. c.
211
Peorla&Kock I. 7a, gold
Port Huron & L. M. Ta, g. end.
t no
t K«
t 108
Detroit Water Works 7s
Elizabeth City, 1880-95
115
1st rezlst/d
do
deferred bonds
District of Columbia 3.65s.
A
Albany, N. Y., 6s, long
Buffalo Water, long
long dates
do
7s, sewerage
do
7s, water
do
7b, river improvem't
Cleveland 7«, long
Chlc-tigo 69,
1st
Buffalo
Buffalo
consol., 2d series
Col. Chic.
si...
(171;
Det.
ex maturfd coup.
do
do
104!
I0.!a
do
c 66
ta.consol. bands
6s,
6a,
6s,
A
&
Peoria I'ekln
orriES.
lil'ii
mort
1st
do
do
do 2d mort., 7a, 1879
do 3d do 7s, 1833
do 4th do 7s, 18»
do 5th do 7s,1888
do 7s, cons., mort., g'd
do Long Dock bonds
Mich
67
—
Cleve.
old
do
mort., conv..
eons. B-nniSaratoga. 1st coup,
Mich. So.
42*
00
8*
25
t
Lake Shore-
H
m,
7aof 1888
Kon-fuudable bonds ..
Tennessee us, old.
6s, new
do
do
6s, new series.
Vlrglnla-
7oX
A
ft
.
St. Peters, 1st m...
2d mort.
1st
conv. mort.
Central—
Dubuque A Sioux Clty.lst m.
2d dlv
do
do
Cedar F. A Minn., 1st mort.
Indlanap. Bl. A W., 1st mort..
2d mort.
do
do
40
80
So
80
40
40
Jan. ft July
April A Oct
..
4M
">
.
do
ex coupon
Pullman Palace Car Co. stock,
Han. A Cent. Missouri, lstm
do
bds., 8s 4th aerlea
Pekln Llne'ln A Dec't'r.lstra
Kockf It. I. A St. L. 1st 7a, gld
Western Union Tel., 1900, coup ;my4 io»« Sioux City & Paclflc «s.. .......
III
'So*
do
reg
do
1UUJ4
Southern Minn. 1st mort. 8a...
91)4
Boston A N. Y. Air Line, 1st m
do
7s, Ut
oijj
Cln. Lafayette A Chic, 1st m.
Sandusky Mans. & Newark ?g.
Ind'sl8tm.7s, S. F.. 190
«tn
A
1888.
bs.
80
.
Oaw. Mtd. lit..*
do
3d 7s, coiit.
do recelv's ctf».(lalior>
do
do
(otherO
North. Pac. 1st m. gld. 7 3- to-..
Omaha A BouthwcHtcrn KK. da
Oswego & Kotne 7s, gaar ....
N. Y.
01)
Illinois
•a....
new bonds,
37H
m. bonds
Ml".
134
Del. Lack. A Western, 2d m.
do
7s, conv
do
lieu ii'6«
Morris A Essex, 1st. in
do
2d mort
bonds, 1900....
do
construction.
do
RU4 IM
7s, of 1871...
do
so I. ..
1st con. guar.
do
Del. A Hudson Canal, lstm. ,'77 IGSK ....
1884 98)i 9V%
do
do
1891 100),....
do
do
do
do coup. 7s, 1694
reg. 7,1891
do
do
Albany & Susq. 1st bonds..,
.tl
do ..... 02
do
do
Sd
do
Han.
m.,
1st
ex coupon
2d mort.. '93.
Nov.,'77,coup.
Qtilncy A Toledo. 1st m.. '90..
do ex mat. A Nov.,'77,con.
Illlnoii A So. Iowa, 1st mort
Buff.
OMo6s,18Sl
6s,
6s,
Is,
AD..
do
do
do Ex
lit li.gold
2d 7i
N. Y. ;•, gold
do
New Jersey A
M
Brie, 1st mort.,
ft
I.
Great Western,
Mt|
N.J. Midland
H. A D.
lstm., C. A af.. 100
1st m., consol..
do
Special tax, Class 1
Class 2
do
Class 8
do
9
asor/BiTiaa.
ft
•
consol.
Rers.
J. ft J...
....
I0HK
KM'*
.
.
18S7.
.
lstm.,
1st in.,
do
1878
do coup.
do loan..
do do
do do
do do
t;
A
C. C.C.
gold, reg. .
«a.
m., I.& M.I)
A Milwaukee,
Winona A
ios
110
7s, 18)0
6a,
.
ts,
6a,
A
Peninsula
due 1877.. ... i,n
init
do
1878
do
101 >,
Funding, due 18M-S.
long bonds, due '93-'90. 100>
Asylum or On., due I89J.
Han. A St. Jos., due 1886.
do 1897.
do
Hew York State—
6a. Canal Loan, 1877
Missouri
1st
do
do
do
do
do
do
Iowa Midland, 1st mort. 8s
Galena ft Chicago Extended.
new
ta,con*o]larted
!.M
Bid.
Long Island KK., 1st mort. ...
92)4 St. L. A San P., 2d in., class A.
do
,,.„
class B.
do
do
do
2dm
do
class C.
do
N. Western sink. fund. in;
South Paclflc Kailroad.lst m
Int. bonds,
do
consol. bdB ioM
South Side, L. I., 1st m. bond*.
do
ext'n bds. itn;
sink. fund...
do
do
lBt mort.. 107
do
cp.gld.bds- 1H'4
do
miscellaneous
List.
IIM.
reg. do
do
(flroker*' Quotations.)
o:
7s, small
«s, :B7S-79
6s, 1SB
gd.K.D
do
do
do
ml
lii3
6s,
8s, floating debt
7». Penitentiary
*s, levee
8s, do
bs, do 1875
8s, of 1910
Michigan
do
do
lid m. 7 310, do
1st 7s,
1st 7b £
do
1st m., La C. D.
do
do
«s
6k
Louisiana
ft
do
do
do
h
.
con. conv
Wilkes Ii.con.gnar
Am. Dock A Improve, bonds 48
Ch. MU. A St. P. 1st m. 8s, P.D
I
endorsed. ...
gold bonds... U-aW
101
coupon, 1379.
War loan..
do
Kentucky
Lehigh
1
106
105
7s,
7s,
Illinois 6i.
may
asookiTics.
Wabash, 1st in. St. L. dlv.
do
ex-matured coup.
do
ad mon
do Ex A Nov., '77, coup if,
do
equlp't bonds.
do
con. convert... tsait
Tol.
m
1MM no
do
107
HI
6s
MM
do
do
is
A
Pac., 1st in. 7s 100)
S. F. Inc. 6s, '95
6s, 1917, coupon,
6s, 1917, reglst'd ion
N. J., 1st in., new...
81
do 1st consol
Central of
BO
SO
Ask.
.
Isl.
do
do
do
IS
Connecticut
112
tl. 8 p. c, 1st m.
do consol. m. 7a 111)
SssInk'gf'd.A.AO S.-SI
do
do
Chic, Kk.
Sa. !88«
8«, l«S
8s,
B«, Ala.
Mot
A
Chic. Bur.
AlaoMiia Si, ;-<•<
5»,1*«
do
do
do
do
do
do
Jo
Bid.
a»ctt»iTt«s.
YORK;.
Frices represent the per cent value, whatever the par
Railroad Stocks are quoted on a previous page.
8S
05
78
55
40
si)
H
7"
15
104
U
95
75
7:1
H
H
loo
l>0
411
end
West Alabama 2d ni.sa, guar..
lstm.8*
do
.
PAST DUE OOUrONS.
Tennessee State coupons
South Carolina consol
Virginia coupons
consol. coup
do
Meinohla City Coupons
•
Price nominal.
H
twi
30
si
30
.....
I
ta
80
THE CHRONICLE.
354
NEW YORK LOCAL
Bank Stock
fVoL.
SECURITIES.
Insurance. Stock Lint.
List.
(Quotations bv K.
Marked thus
COMPANIES.
—
o.
Amount
America*
..
American Exch
Bowery
.Brewers'
ft
03
«
Period
3,000.00!
:.6GS,(Oo
5.000.00(1 1,802.8.10
.
--
250 000
GroV*
150,1'Ki
&
M.&N
J
9
7
12
.1
.
221 8«. J. ft J.
!>
Central
Chatham
Chemical
Citizens'
City
1,000,001
5,000.000 3,27l> 20.
1(0,000
10,101
,250,001
ia«,80.i
621. *JC
"79,16'
KOflt*
200,000
10
100
s
90
7
J. ft J.
J. ft
J. ft
J.
J.
s'
F.&A.
J.
1,000,001'
Bast River
Eleventh Ward*..
10
ft J.
J.
00 J. ft J.
1",'
.J. ft
Q-J.
Fifth
;50,00(
Fifth Avenue*...
First
100.1 01
63.(00
li8.HU
500.001
624.700 'Q-J'.'
U"
820/00 J. ft,I.
7'-.
Fourth
Fulton
3 750.000
'
Gallatin
Germania*
Greenwich*
Grand Cer.tral'....
Grocers*
Hanover
Harlem*
Import.
Irving
4-0.
600.001
500,001
I 000,001
'200,0IH
1
4J.KXI
53/00
is.eoo
2,000
r,3,eoo
OUO.OOl
;7o.'0o
ft
Traders'
12.'
500,i
1
1,MI
'900,001
Island City*
Ex
Metropolis*.
Metropolitan
S.OOO.OOO
Murray
Oriental*
Pacific*
Park
Farragut
Firemen's
Firemen's Fund
Firemen's Trust...
Franklin
Gebhard
German-American
Germania
JaiiiV/'Vl'.'.'s
jHobfl
July
Greenwich
Guaranty
Guardian
Hamilton
Hanover
Hoffman
77.3*
1, '75..
Xih
,.'uly2. '77...
i'i'
t>
Home
J.
10
July 2,
'77... 4
M.&N.
M.&N.
M.&N.
6
10
s
May
May
M»y
'77.2^
8 1, COO
828 '.00
234,700
918.000
238,700
35.S00
991,00
5,61.0
ft
97..-00
9
July
7,'.
Jan.
2, '77.. .3
3, '76.3^
July
2,
10
A.& O.
J.&
J.
62,(00 j. &. 1.
80,800 j.&.j.
145,0
j.
j.
8
3
10
111
j'.&'.r
Oct. 1,75. .4
10,77..?
Lorlllard
Manuf*
Manhattan
Aug.
Jan. 2. '77.. 3
July 5,77 ..3
July 1,74.8)4
July 2. '77... b
160300 F.ft A.
51 000 .J.&.J
73 500 J. ft J
2-6 400 T.& J
fOO.OM
l/W.OOt
Lsoam
77...
July 2,77...
July 2,77...
July 2. 77...
Nassau (B'klyn)..
National
N. Y. Equitable...
New York Fire ...
'.osx
N. Y.
loi'rti
Nlaeara
North River
7H. 100
May
1,77
inly
2.
Joy
July
.1
Gas and
Peter Cooper.
People's
Phenix (B'klvnl
Relief
Republic
Resolute
..4
.4
Ridgewood
77.
Date.
r*
Rutgers*
Saleguard
St. Nicholas
Standard
I
Bid.
Star
Sterling
.
it-
Brooklyn Gas LlghtCo
do
Harlem
Jersey City
25
sertlllcatei.
ft
Hobokeu
Manhattan
Metropolitan
do
certificates
do
bonis
Mutual.N. Y
do
bonds
Nassau. Brooklyn
do
scrip
New York
do
do
do
do
July 2, 71
Jau.. 77
167
72
IIS
April. 77.
9)
93
no
Aug.1,77.
77
160
17J
July, 77
Feb., '77.
Feb.. 77.
M
:95
no
1011
Qnar.
Apr., 77.
Aug., V2.
Jan., 77.
108
108
91
A.&O
100
1000
5,000/00
1000,000
25
1,000.000
var
709,000
4,000,000
too
10
bond?
101
certificates..
New York
(
Williamsburg
do
scrip
Metropoli tun. Brooklyn
Municipal
50
V. Il-
82&J0O0
J.'&
4««,000
1,000,000
1
M.«N.
80i jOOO
000/00
IIC
l.ooivot
7.0
1.51 ''.U
J,
Quar.
J.
1st
1st
mortgage
mortgage
lOOO
100
10O0
10
..
Broadway I Brooklyn)— slock..
Brooklyn .fe Hunter's Ft— stock.
1st mortgage bonds
Bwhwlck Av. (B'klyn)— stock.
mortgage
UdSt. A Grand St ferry -stock
1st morteage
1st
Central Croxx 'Jown- stork.
...
mortgage
Houston. West st.APav.F'y—BlK
1st mortgage
Second Avenue- stock
1st mortgage
3d mortgage
Cons. Convertljle
Extension
Sixth Avenue- stock
1st mortgage
1st
Third
1st
Avenue— stock
mortgage
Tmnly-lMra Street—stocK
mnrtPKRe
» This column shows
1st
.
total
100
1000
100
10
last dividend
II
*
•Ian
J.
800.000 J. ft J.
EOll.i 00
1,8(0,000 J.
J
&
1,200.000
1,200,000
900.000
1,000,000
J.&D.
Q-F.
J.ftD
J.&
.1.
203,000 J. ft J.
748,000 M.&N.
2:«.;.ihki
600,000
200,000
A.&O.
M7&N.
1.199,500
20,000 J.'*
n'.
150,000 A.ftO.
770,100 M.&N.
200,000 A.&u.
750,00a M.&N.
415,000 J. ft J.
2,000,000
Q-F.
2 000,000 J.& J
600,000 J ft J
250.00(1
1(0
123
'.311
95
75
Is
S7H
H
115
n
t>"K
i-5
121
101
M.&N.
Quotations by
City Securities.
Da kihi, A. Moras, Broker,
IN
July, 1900
91
May,
'77
Nov.,
\-0
'77
Dec.,H02
Feb..
169
75
90
62 SC
40
92)4
'77
80
100
155
100
115
105
SO
9)
Jan.,
'S4
'77
May.
April. 'a3
Nov'.'.UOi
liu.ii
104
Juue, '93
Jan , 77
Jnlv.1894
SO
April, ;; x;o
Dec, 77
100
'77
175
190
105
Oct..
'88
'83
May.
Aug., 77
"
July,'.'!!*
Feb
May.
,
-
(.0
do
do
var.
var.
var.
t»y
10)
108
on stocks but the date of maturity of bonds.
1ST] 78
*••.
0.
Hi*
,.lr..
,'
inuary
Park bonds
do
do
Water loan bonds
do
BrlJftebonds
yVaier loan
City DondB
Kings Co. bonds
1890
1883-90
1884-1911
13S4-19O0
1907-11
1877-98
1877-95
1901
1905
1878
i'o
do
do
do
do
do
January
do
1869
....1869.
Consolidated bonds
Street imp. stock'
1877-00
do
do
do
do
November,
Feb., May, Aug.ft Nov
May ft Novc'n'ier.
—
do
July,1390
May,
do
1870.
1-75.
1860.
1865-68.
Brooklyn. -Local linpr'em't—
Cltv bonds
in
'.-5
-.venient stock
May Aug. ft Nov.
do
May & November.
..1853-65.
LQuotntioiis
75
fs.cn
Bid.
do
do
do
do
do
do
Consolidated
Westchester County
96
Wall Street.]
Slay ft
Feb., May Aug.ft Nov.
New
98
9)
April,
Feb.,
Central pai>t bonds.. 1853-57.
'.9(1
Anl 7.
Oct, 76
Mi Jan.,
1841-63.
Water stock
1854-57.
do
Croton water stock. .1845-51.
..1852-60.
do
do
Croton Aqned'ctetock.1865.
pipes and mains.
do
reservoir bonds
lo
Floating debt stock
Msrket stock
100
40
KKKf.1-
.Months Payable.
S,V) York:
no
do
Dock bonds
do
77 X73
,
I
BoBdidae.
'ale.
.
72
99
1!
J. ft J.
;
1
so
9".
15
2-0,10:1
500,000
•Over all ltabUIlles, including rc-lnsui-ancc. capital aud tcrip. t The surplus,
represented by scrip Is deductel. and the figures stand as actual net sui'ljlue.
Standard, 11*65.
t Continental, 11'45
ua
I
June,1384
2,000,
181
Broadway.]
J.&D.
Q-F.
M.&N 51
Q-J.
A.&O.
109,000
1000
100
1000
too
1000
100
500
100
1000
1000
1000
500 &C
100
'77.
J. ft J.
800,000
200,000
UerUral Pk, If. <t IS. River— stk.
100
Consolidated mortgage bonis
1000
Dry Dock, E. B. ABattery— stk
100
1st mortgage, cons'd
5C0 Ac
Eighth Avenue— stock
100
76
Jan.,
J.
:oo
100
Jan.,
1,500^00
ft
7S
1
Stuyvesant
Tradesmen's
United States
Westchester
Williamsburg Cltv.
I
1,77.
1,77.
694,000
2,100,000
1000
100
101x1
145
90
1C0
76
Aug.1,77.
July, 77.
Jan., 77.
May20,'J7
M.&N
[Quotations hy H. L. Grant. Broker.
Bteecker d2..e fi'uuoitterry—tuk.
IUU
tfUU.I."
Broadway A Seventh Ave— stk..
May
May
F.& A
J.*
1,
100
F.& A.
Var
M.&N
J. ft J
F.&A
l.ouo.iw
var
;,l
Brooklyn City—stock
1st mortgage
July
M.&S
People's (Brooklyn)
Central of
2,000,000
Var.
1JBOO,000
Var.
1000
820.000
1,850,000 F.&A.
20
888,000 J. ft J.
50 1,000.000 J.& J.
Kill
2,500,000 \1.&S
var 1.000,000
100
51X1,000 .).& J.
M
H
Co (Bklyn)
Citizens' Gas
..
Produce Exchange
2,77..
2,77.. .4
and
Pari Amount. Period!
.
City..
Pacific
I'ark
City- Railroad Stocks
Bonds.
TOai Quotations hy George H. Prentiss. Broker, 30 Broad street.
Gas Companies.
Boston
ft
New York
..3
Mayl0.'n8j<
M.&N
Montauk (B'klyn)
Aug.6.77
Jan.2 74.2>ii
ft
170"
Ang,13.7;2!<
Jan. 2,'77...8
July 2. 77...
July J. 77.. .3
Jny-2, 77...S
J.& J
.J.
Mechanlcs'(Bklyn)
Mercantile
Merchants'
July.tV74.3K
M.fc N.
13.?00 J. ft J.
'.78.C00 J. ft.
44'-, 100
J. ft. I.
80,600
200.001
82X
.4
Anel.
180. '00
I, "10,001
77.
1,
Builders'.
Mech.&Trad'rs'..
4
f.'&a!
1.009,000
300,000
300,000
'.
Lenox
July 2, 77.3 >,
Jan. 1,77.. .4
472,(00 J. ft. I.
162.c00 I.* J.
108,100 J.& J.
16,«00
J
Lamar..
May
Q-F.
1,500,(IO(
Lafayette (B'klyn)
Longlsland(Bkly.)
77.. .5
7X
&
Sii.OOO
Knickerbocker
8
B
78 500
9:1..
1,77 ..1
I, 77..
ft
J. ft J.
2;7,;'00
1,
ft
J.
J.
'.ft J.
J.
J.
Howard
77.3X
I,
July 2. 77 3>
70,100 M.&N.
759.100 J. ft J.
200.000
900,000
Third
Exchange
July 2, '77...
July 2, 77...
July 2, '77.3X
1U
J.
ll>i.5in
Tenth
Emporium
217
'77. ..«
2.
.'
on.'oo J.
i,ooo,oo(
Tradesmen's
Onion
West Side*
Mayl.
Fire
Continental
Eagle
Empire City
Jniy'l'.'Vl.V.S
"uly'2, '77...-i
Mel,.
11
J. ft J.
J.
J.&
300,000
otN.Y
State
4
4
l,500,0('i
81xth
commerce
Hope
25C0OP
Second
Shoe and Leather
Columbia
Commercial
Iruporters'& Trad..
Irving
Jefferson
Kings Co. (B'klyn)
1,000.000
Republic
Bt. Nicholas
Seventh Ward
6. '76.. .3
,'uly
4'.2,50o
Phenix
Produce*
1U
j.
1,000,000
100,000
300,000
422.70(
2,000,000
Peoples*
Jan.
Aug. 1.T7. ..5
July 10,76.. 2
July 2. '77...
Ju yll. 76 ..3
Apr. 2. '77. 2X
10
woioi
N. Y.Nat. Exch...
Ninth
North America*...
North Klver*
Citizens'
City
Clinton
68,000 J. ft J.
401,7(0 J. ft J.
1,000,000
8,000,001
New York
New York County
•;;.. .3
".7...
16.'77..3
AUi.10,77,.4
2M,(»"
Hill*
Nassau*
Mail,
July
Julyl,'75..3>4
Jan. 8, 76...
1
1.000.IVK
800,0")
July-j,
7
600,000
1,000,000
a.OOO.OCO
.Merchants
Bowery
May 2, '77...
May 1, '77..
"i'j.
Arctic
Atlantic
Brewers' & M'lst'rs
Broa-lway
Brooklyn
Mayll.'77..6
M.&S.
J7&
130
Feb.l,'7t...S
May.
May.
M.&N.
&
Amity
'75. .5
10
oooaoc
g 000,001
800,001
Mercantile
Merchants'
436,400
400.000
i
2, '77..
July 2. '77...
July 2, 77...
July 2, '77...
July J, '77 .15
1,111,400 F.ftA
9.40C J. ft J.
ir,u .<•'-.
100,1 01
Market
Mechanics
Mech. Bkg Asso..
Mechanics & Trad
July
Aitim
'77
IX Ort.lO,'77.8H
15E00
600,000
.>
7l-l
;:-5.200
100,0,
Leather Manuf. ...
Manhattan*
Mannt. ft Merch*.
Marine
(O
10
A.&O.
F.&A.
4V0C
mfio
200.000
100,000
SOO.OOO
IOO.U'0
10
HO M.&N.
B,M0
8
,
Ger. American*..
Ger. kxchauge*...
American
American Exch'e..
1,77
Sept.!
Q-F
1.511,1'fO
1, "00 001'
1
Dry Goods*
Adriatic
2.
I
Commerce
Commercial.*
Continental
Corn Exchange*..
Jnly2,77...1"
July
May
l,W10,t'00
Head*
& Drew.
Batchers
Bid. Ask,
Last Paid
1875. IS76.
1.23S.MO j"& j!
200,000
33,800 M.&S.
500.000
142,'OC 1. it.l.
8,000,0)
421,700 J. ft J.
450,000
7. ft J.
2:i. 70:
300,000 3,172,800 Bl-m'ly
600,000
1-0.'
J.&.J.
Broadway
Ball's
Bailey, broker. 65 Wall street.)
j
(•)
are not National
S.
Peiob.
DIVIDENDS.
Companies.
XXV.
do
oo
do
...
do
do
Park bond's
May
ft
*r.
1879-90
1901
1888
187S-08
1596
1391
July.
do
liroKer.
ft
n
UM
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101
105
110
wan
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II
106
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104
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107
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107
119
107
102
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105
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108
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1381-95
1915-21
1908
1915
1992-1905
1381-95
880-83
J uly,
do
do
do
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do
do
November.
do
January A July.
do
Jo
Bridg*
•AH Brooklyn bonds Mat.
[Quotations by C. Zabiu-kik 47 Montgomery
jersey t-lly
January ft July.
Watei loan, long
100
108
Askd
1921
307-liTJ
St.,
102
104
ica
116
US
115
116
106
:ii
118
108
1GB
111
101
no
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08
17
111
106
11
'i
Jersey City.]
—
.1869-71
do
Sewerage bonds
Assessment bonds... 1870-71.
Improvement bonds
1868-69.
Bergen bonds
January ft dttiy.
do
do
Jan., Msy.Julv.^ >"ov,
J. ft J. and J ft D.
January anil Jul".
1895
ioix
I02X
UW-HOS
no
111
1877-79
1891
1905
1900
'.(0
109
110
105
111
HO
111
166
October
THE OHIIONIOLR
13, 1877. J
nuestments
3
STATE, CITY AND CORPORATION FINANCES.
" Investors'
Supplement" Is published on the last Saturday
month, and furnished to all regular subscribers of the
CnnoNici,B. No single copies of the Supplement are sold at the
office, as only a sufficient number is printed to supply regular
•The
of each
subscribers.
During the past year, the business of the Western Union Company has increased more than during any previous year, the
iucrea.se in the number of messages sent being about 13 per
cent
REPORTS.
Western Union Telegraph.
(For the year ending June 30, 1877.)
At tlie annual election of the Western Union Telegraph Company, 320,000 shareB of stock were voted on, the following
directors being elected: Win. Orton, Wm. H. Vanderbilt, Edwin
D. Morgan, Kobt. Lenox Kennedy, Moses Taylor, Augustus
Bchell, Wilson G. Hunt, J. Pierpont Morgan, Frank Work,
Harrison Durkee, Cornelius Vanderbilt, James H. Banker, Chester
W. Chapin, Alonzo B. Cornell, Hamilton McK. Twombly, George
M. Pullman, Norvin Green, Wm. K. Thorn. John R. Duff, Cambridge Livingston, Darius O. Mills, Oliver H. Palmer, Edwarc's
S. Sanford, Samuel A. Munson, David Jones, Joseph Harker,
Anson Stager, Samuel F. Barger, Edwin D. Worcester.
From the annual report submitted by President Orton, we have
the following
STOCK AND BONDS.
The capital stock of the company is $41,073,410. of which the
company owned, and had in its treasury on June 30, 1877, $7,255,
The difference, $33,818,075, is the amount which was out335.
standing upon that date, and was increased $16,900 during the
year by the issue of 169 shares in exchange for the stock of
companies leased to the Western Union Company which have a
portion of capital still outstanding upon which interest is paid as
rental.
The bonded debt of the company on June
with that of the year previous as follows:
compares
30, 1877,
June
Jane
30,
1877.
Seven per cent gold-bearing bonds, dne May 1, 1902..
Six per cent sterling bonds, due March 1, 1800
Seven per centcuriency bonds, dne May 1, 1900
Bonds of 1875, past due
30,
1876.
$1,498,' CO
$1,498,000
991,440
3,959,000
Total
Total bonded debt
1,001,10.0
3,988,0
9,200
$6,418,410
$6,496,360
209,401
161210
$6,539,038
$6,332,120
T
Less
amount of sinking funds and accrued interoet
thereon, held by the Union Trust Co. Trustees.
.
The decrease in the total liabilities of the company during the
past ten years is shown by the following statement
June 30,
June 30,
„.,,.,
Capital stock
1887.
1877.
..$41,073,410
Bondeddebt
$33,818,075
6,239,038
6,188,201
Total capital and debt
Decrease
Capital and debt per mile of line
Capital and debt per mile of wire
.... ....
$46,225,610
$40,057,1!
*
« ico <m
6,168,497
$999 44
$520 53
54198
203 14
.
EARNINGS AND EXPENSES.
The business
for the year
that for the year ended
June
30, 1877,
30, 1876, as follows
compares with
:
1877.
all
sources were
of leased lines..
$9,812,352
6,672,854
There have been disbursed from the above
profits in
Netprofits
1*76.
$10,034,983
6,635,473
$3,140,127
For foor quarterly dividends of lw per cent each.
For interest on bonds
For Sinking Fund appropriations .. ...'...'.'..."
^.
Ac
:
80,00*- $2,563,309
Balance
36.7SS
12,140
$854,^2
carried into the general
l,n,:b
1871
1872
.
.
...
.
1873 ...
1874 . .
1875...
1876 ..
1877 ...
On
the
37,381
46,270
50.163
75,688
83,291
97.594
52,0:i9
1C4,',84
54,109
56.032
62,033
65,757
71,588
72,833
73,532
76,555
112,191
121,151
137,190
154,112
175,735
179,496
188,832
194.823
first
<>»
1860,
-
Miles of Miles of No of Messages
Line.
Wire. Offices.
Sent.
.
:
cash, in payraent of a portion of the dividend on the preferred
stock under which the preference was extinguished.
2,250
2,5«3
5,879,582
3,219
n,404,595
3,607
7,931,933
8,972
9.157,646
4,606 10.64H.077
5,237 12,144. 4(9
6,710 14.456,832
6,188 1«,S29.256
6,5«5 17,151,710
7,072 18,13 ',.'.67
7,600 21,158,941
1,
ot this company is as follows
7 per cint gold, interest payable semi.
:
1S78,
$108 000 00
1,
1879, 7
percent gold, interest paj'able semi' .'
1,
1S79, 7 per
1,
1875),
aii-
72,300
00
57 680
00
cent currency, interest
balance not yet prosented
is 00
$237,998 00
There have been redeemed during the year with the Sinking
1878, $1.600of the bonds of 1876
and $7,136 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 $60,000 of the bonds of
lows
* n iAo,i of
and ™**< n ™=«»
offices.
"SH^LSS^^s^colu,iNT
*°» *"* »kab ™°* •""« 30th,
to
.
INTERNATIONAL OCEAN TELEORAPH.
The following is the report of the International Ocean Telegraph Company
The capital stock of the company is $1,500,000, of which the
WeBtern Union Company owns $1,038,500, and the International
Ocean Company owns $97,300.
Of the stock previously owned by the International Ocean
Company, fourteen Bhares were issued during the year in lieu of
Total bonded debt
£1,985
Year.
1886.
1867 ..
1868 .
1869..
1870..
was not derived from the business The question of
Has the outstanding Btock been increased 25 000
20,874
$3,110,127
S*rn7l377.
is,
payable annually
Scrip dividend (called in October
for redemption
Total
J™B
the $912,550
interest
nnally
Scrip dividend due October
>., nu
(W,»n—
-
We
&
Bonds due April
:
$452,118
Ac, purchased
of $21,985 has been
ment of the Atlantic
Pacific stock, was obtained.
are left
to believe that it was procured either by a sale of Western
Union
stock, or by hypothecating it.
The foregoing report shows that
annually
lines, erection of additional
•lock purchased
For Southern & Atlantic Tclegraph'cb'mp'a'ny's'stock
purchased.
For Pacific* Atlantic Telegraph Company's' 'stock
purchased..
For sundry other telegraph companies'' stock ."lines',
The balance
:
The bonded debt
For American Telegraph Company's' (of 'Michigan)
b
income account.
ATLANTIC & PACIFIC.
Mr. Orton says of the negotiations with this company:
" Since the close of the year an arrangement has been
concluded
with the Atlantic & Pacific Telegraph Company for pooling the
gross receipts of the business of the two companies, and dividing
them on the basis of 87£ per cent of the combined receipts to tha
Western Union and 121 per cent to the Atlantic & Pacific Company. Subsequent to the completion of this arrangement, the
Western Union Co. purchased 72,502 Bhares of the stock of the
Atlantic & Pacific Telegraph Company at $25 per Bhare. paying
therefor 12,500 snares of Western Union stock and $912,550 in
cash.
The outstanding capital of the Atlantic & Pacific Company is $14,C00000, and is represented by 140,000 shares, of the
par value of $100 each.
When pending arrangements are fully
consummated, a common interest will govern the management of
both companies, and it is expected that all the substantial benefits of an actual consolidation will accrue.
With the cessation of
the wasteful competition which has existed for several years
past, it will be practicable to arrage a system of tolls throughout
the country, which, while more remunerative to the companies,
will also be more advantageous to the public, because the
reductions will be more widely distributed.
We shall also be enabled
to reduce expenses very materially, by the introduction
of many
economies through the community of interests thus established
between the two companies."
On this the Tribune remarks
"It is to be regretted that the President omits to state from
what source the " $912,550 in cash," which was used in part pay-
Bonds dne July
$576,817
surplus there have been appropriated
For construction of new
~$T,399,509
1876-7
$8,028.6:9
454.685
Surplas of net revenue for the year, after payin<»'dividends. It terest on bonds and Sinking Fund appropriations
over the previous year, the increase in mileage 57 per cent, and
the number of employees 2 per cent. The decrease in the.
average tolls has resulted in a decrease of $259,383 20 Is the net
profits as compared with the preceding year.
The number of money transfers by telegraph during tha year
was 38,609. The amount transferred thereby was $2,464,173 83,
and the revenue accruing to the company was $92,364 9Ii— being
a, decr-aasH of revenue, as
compared with the preceding year, of
$7,272 90, or about 7J per cent. The increase in the number of
transfers was about 4 per cent, and the average amount transferred in each case was $63 72, against $70 54 during the
preceding year.
in
shares instead of 12,500 shares?"
ended June
The gross earnings lor the year from
The gross expenses, including rental
wires,
operated 73,532 miles of line, 183,833 miles of wire, and
7 073
offices.
At the close of '.he year ended June 80, 1877, there were
in operation 76,955 miles of line, 194,328 miles of wire,
and 7,500
offices.
The increase during the year has been 8,423 miles of
line, or 46 per centum, 10,491 miles of wire, or 8-7
per centum
and 428 offices, or 6 per centum.
The number of messages transmitted was 21,158 941 at an
average rate of 436 cents, against 18,729,567 messages', at an
average rate of 50 9 cents, during the previous year. The coat of
transmitting each message was reduced from 835 cents In 1876 to
29-8 cents in 1877.
ANNUAL
From which
355
:
Earnings
$314.136 98
07,328 7S
Expenses
Profits
Surplus Jnlyl, 1876
$24S,810~»
11,178 43
Receipts. Expenses. Profits.
$
8
$
6,61.8.925
8,911/05
7.C04.660
7.3Hi,918
7,138,737
7,637,448
8,157,098
9,333,018
9,262,653
9,864,574
10.034,983
9,818,368
4,362,319
4,868.116
4,910,772
5.104,:87
5.666,868
6,575,053
6,755,733
6,385,414
8,683,473
6,672,224
2,624,919
8.641,710
8,748,801
2,227,965
2,532,601
1,790,232
2,757,962
2,506,9-20
3,229,157
3,399,609
8,140,127
BUSINESS OF THE YEAR.
day of July, 1876, the Western Union Company
Total
From which
$357,8SJ7«
there have been appropriated during the year:
For balance of payment < on account of new cable between Pin ta
Rosa and Key West
$68,978 01
For two quarterly dividends of 2 per cent each
56.108 00
For in' erest on bonds and scrip
81,798 83
For cable steamer Professor Morse- repair*, ins irance and expenses
88.817 81
For sinking fnnd appropriations (one year)
34,000 IO
For sundry construction, &c
423 81
For s?rlp (called In October 1, 1875) redeemed during the year.
10
For dividend on preferred stock (balance of payments).
MO no
M
Surplus,
June
30, 1877
60.708 7%
THE CHRONICLE.
356
The
balance of $21,985 hag been carried into the general inaccount, the whole being represented in the following
exhibit of the profits and disbursements of the company for
•eleven years from the date of consolidation, July 1, 1866
$375, 357
The surplus of income account, July 1, 1866, was
The net profits for eleven years from July 1, 1866, to
32.598,386
June 30,1877, were
come
:
Making an
$38,873,693
aggregate, June 30, 1877. of
this period there were applied
For dividends to stockholders (including dividend
$12,121,987
payable July 14, 1877)
4,134,228
For interest on company's bonds
sinking
funds,
^Keserved for interest on bonds and
106,086
accrued to June 30, but not yet payable
250,018- $16,612,360
Discount on bonds of 1900
Daring
Balance
The
$16, ,261,332
.,
balance
is
represented as follows
:
Construction of new lines, erection of additional wires, &c
Parchase of telegraph lines and of the stocks of companies controlled by the Western Union Company, on which interest or
dividends are paid as rental
$«, 128,887
615,101
054,407
167.E09
961, 6C6
7,500
10,000
50,000
123,146
Western Union btock (72,Tj53 shares)
Oold & Stock Telegraph Company's stock
International Ocean Telegraph
(47,810 shares)
Company's Block (10,385 shares)..
Anglo-American Telegraph Company's stock (£1,308)
Central District
&
Printing Telegraph Co.'s Btock (200 shares)..
Western Electric Manufacturing Company's stock
Western Union bonds (redeemed and cancelled)
(506 shares)..
Sinking funds (portion not yet need for redemption of bonds,
exclusive of accrued interest due by trustees)
$2,295,6'!9
Broadway and Dey street building
,.
Less amount provided from the proceeds of bonds ... 1,802,202
Real estate, other than new building
Sundry railroad bonds and stocks
Supplies and material on hand
Surplus June 30, 1877
19".
,039
493,417
339,917
14,185
273,558
75,085
$16,511,390
Total surplus of income account, June
make
profits, to
250,058
$16,261,33*
30, 1877
Lou isville Cincinnati & Lexington.
(For the year ending June 30, 1877.)
" 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 Railway Transfer and the Newport & Cincinnati Bridge sufficient to
make said lines profitable, whereas they have been previously
operated at a loss."
Louisville & Nashville.
(For the year ending June 30, 1877.)
At the recent annual meeting of stockholders, the following
resolution was unanimously adopted;
Resolved, That we, the stockholders of the L. * N. RR. Co., hereby approve
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
settlemeut with the South & North Alabama RR. Co., by which they received
$1,000,000 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 ia
the Louisville Paducah <fc 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 v&se
f-s
332
>
:
RESOURCES.
Total cost of road to June 30, 1S77.
Due from transportation department
Ten-year mortgage gold bonds
A
;
;
;
:
1576-77.
317,700
68,080
156,216
112,087
Tons ire-ght carried, local
Tons freight carried, through
Average receipt per passenger per mile
Net earnings
Average
Met
56,71)8
150,272
114,397
Cents.
8'001
8-125
0592
2837
0632
0-822
0611
per passenger per mile
receipt per ton per mile
earnings per ton per mile
The rates received on the Lexington
than on the Cincinnati line, the average
1875-76.
344,509
Cents.
,.
line were much better
receipts per train mile
$2-4360, against $1-4211 on the latter. The
chief business of the Cincinnati line is through, and of the Lexington line, local. The earnings for the two years were
:
.
Total
Operating expenses
1876-77.
1675-76.
$127,006
566.S88
$448,894
60,944
5,0^9
508,561
54 483
4'747
$1,019,368
752,018
$1,011,687
734,798
Netearnlngs
$297,350
$276,889
The earnings and expenses were^dlvided between the Lexington & Cincinnati lines, as follows:
GrOBS
Net
_ _,
Lexington ,.
line
earnings.
Cincinnati line
566,801
$a53.461
498,556
$1,049,368
$752,0li
,
$482:64
Total
Expenses,
earnings,
$*J9,102
P. c of
exn's
68,247
62-52
87-C6
$297,350
TvOii
here were used in renewals last year 2,498'86 tons iron rails
tons steel rails and 87,377 new ties. There are yet in
the
track between Lagrange and Lexington 33 miles of iron rails laid
in 1849 and 1850 and still in good condition, though beginning
to
wear out rapidly.
The Newport & Cincinnati Bridge is operated under a guarantee
of $75,000 annual traffic; the actual traffic last year was $53 070
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
*9,415.
The Louisville Railway Transfer showed for the year earnings
of $51,525; expenses, $19,531
net earnings, $31,993; interest
etc., $30,146, leaving net profit of $1,847.
The Elizabeth Lexington & Big Sandy earned $58,401; expenses, $39,637; net earnings, $18,764 rental, $19,467 loss for the year,
$703.
The general results for the two years and nine months are
^stated by the Auditor as follows
Sept. 21, '74, to
Tear ending
Year ending
June 3(1, '75,
June 30,
June 30,
mos.
1876.
9K
,
1677.
Gross earnings
of L. C. & L. line. $783,721
$1,011,687
I
1634
;
;
;
:
„„
:...
625 800
transportation earnings. .
Kinta's, taics and guarantees....
Net profits of L. C. & L. line
interest on daily balance
•Vofits operating Shelby KR
Met profits, subject to order of
.734 798
$1,019,368
752,018
157,920
66,437
91,483
276 889
29?,8W
805.866
030
17012
9,652
7'960
40,639
256,710
20,270
2,185
105,165
330,839
279,165
.
Operating expenses
Set
coim
.
4
71023
'
Company stock
38L400
Pullman Southern Car Company stock
84,000
Sundry railroads and persons
2i0.4S0
Real estate, timber and quarry lanns
957.554
State of Alabama 5 per ctnt bonds
330,000
South and North Alabama Railroad second mortg. bonds. I,0f0,000
South & North Alabama Railroad Company
..
216,189
,
Nashville & Decatur Railroad Company
337.78S
Cecilian Branch..
Shop and fuel stock L.
Shop and fuel stock N.
Shop and fuel stock S.
Cash, Louisvilie
76,622
& N. RR.
& D. RR
& A. RR
and branches.. $397,203
26,971
46.611—
470, 7£6
48.501
New York
76,975— 125,179— ; 7,128,387
$31,006,866
LIABILITIES.
Capital stock
Bills
$9,003,418
payable
1,486,534
226,256
Due sundry persons.,
and pay-rolls unpaid
due July 1 and August 1
Back dividends
Dividend No. 22. due Aug. 10
Consolidated mortgage bonds
Ten-year mortgag gold bonds
Mortgage main office lot and building
First mortgage bonds Memphis & Ohio Railroad
Income bonds Memphis & Ohio Railroad
First mortgage bonds Memphis Clarksville & Louisv.RR.
First mortgage bonds Lebanon Branch Extension
City of Louisville to Lebanon Branch
City of Louisville to Lebanon Branch Extension
City of Louisville to Main Stem (uo mortgage)
Profit and loss account
Bills
426,417
172,310
Interest
i
37,466
133.054— 2,131,037
7,070.000
2,000,000
80,000
3,500,000
1,500
2,336.730
88.000
225.000
333,000
8EO,000— 16,481,230
8,084,6S0
$31,056,366
2-633
on the former being
Passengers
Freight......
Express and mail
Telegraph, &c
$2)6,363
1,151,015
447,007
1,220,694
Sundry railroad bonds
Sundry railroad stock
CaBh,
in the hands of a receiver for some time,
recently sold in foreclosure.
recent report by the
receiver gave a statement of the operations from the commencement 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
Passengers carried, local...
Passengers carried through
$23 927 979
.
This road has been
and was
XXV.|
Louisville Bridge
.
Less the amount which was applied from the
good the discount on the bonds of 1900
[Vol.
Chicago Danville
&
Tincennes.
(For the year ending Dee. 31, 1876.)
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
year are also given for purposes of comparison. The first five
months of that year were operated by the railroad company and
the preceding receivers the last seven months by the present
;
receiver.
The
tracks occupied and used were the same through both
and were as follows
years,
:
Pitts. Cin.
Chicago
&
LEASED.
R'way, in Chicago, double track.
Southern RR.— Chicago to Junction
&
St. L.
.
f
20X
miles.
miles.
56X miles
OWNED.
Dalton to Danville— main line
Bismaick to Coal Creek— Indiana branch
108
24
miles.
miles.
132
Total
miles.
15S# miles
GROSS EARNINGS.
From what source
1876.
1875.
Freight, ordinary
Freight, coal
$418,035
261,755
$331,341
270,200
Total
Paspengers
Espress
$709,791
8601,542
122,491
12,520
9,136
19,221
116,302
12,580
8,609
17,890
Mail
Miscellaneous
Total
$872,166
$756,865
receipts during the year from operating the road appear
e balance sheet to have been
$995,422
gross earnings, as per above statement
812,166
The cash
from
The
i
Excess of cash receipts over gross earnirgs
$123,256
The
excess of $123,256 represents earnings 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 fall,
it was not included in earnings.
OPERATING EXPENSES.
1876.
1875.
Conducting transportation
$166,7i6
$137,17»
Motive power
139.435
145.469
Maintenance of care
88,215
54,758
Maintenance of wny
81,607
77,969
Renewals
82,017
51,090
General expenses
Total
Per cent of expenses to earnings
Net earnings
83,328
89,621
$571,363
$505,077
65-51
66-86
$300,802
$350,787
October
CHKuNICLR
THE,
13, 1877.]
PIDICTIONS PT.OM KKT EA1W1NOS IS
$79,868
meet In Louisville on the 14th day of November. The terms of
agreement proposed are substantially as follows The Nashville.
Chattanooga & St. Louis Company will guarantee the bonds of
the Cumberland & Ohio Company to the amount of $10,000 per
mile, on the line from the crossing of the Tennessee & Pacific,
near Nashville, to Shelbyville, Ky., provided the Cumberland i
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 completion and equipment of the road, and the road, as fast as com pleted, to be leased to the Nashville Chattanooga & St. Louis, the
lessee to pay for five years the interest on the bonds and one-half
of one per cent as a sinking fund after five years, one-half of
1875.
the net earnings as rental. All contracts, sales of bonds, Sic, to
be approved by the lessee, and work on the road to be under
supervision of the lessee's engineer.
1878.
$' .JJJ
Insurance
Taxea
1«.£»
••
Rental-P. O. A St. I.. Hallway
Rental— Chicago A Southern UK
Rental— C'blcaso station grounds
Rental— Freight cara
89.810
21.922
'•*2 l
S0,i88
Amount
$106,724
ADDITIONS TO TH*. FROFBRTT.
$37,511
Purchase of freight care
84, K95i
IVrmaueiu Improvements 'o road
instruction ordered by Court
'.HI
Amount
Permanent Improvement
amounted to (84,692.
FRBIQHT TRAFFIC.
1816.
was aB follows:
to road
Tho movement of freight,
Number of tons raoved-Coal
Kumberof tons moved— Other
357
freight
282,948
262,162
196.199
160,656
Tofal number of tons moved
Number tons moved one mile— North
Number tons moved one mile— South
485.705
40.475.566
13,742,149
857,055
80,394,321
9,919,2b6
:
;
—
Harlem Extension. A dispatch from Bennington, V»., Oct;
says: The Lebanon Springs Railroad, known as the Harlem
Extension, between Bennington and Chatham Four Corners, will
be opened on Saturday or Monday next, under the presidency of
11,
Total number tons moved one mile
tons moved one mile Local
tons moved one mile— Foreign
—
Number
Number
Total number tons moved one mile
Average earnings per ton per mite
Average exper. sea per ton per mile
53.217,695
40,375,807
29,763.618
23,454,077
50.963,415
19,410,192
53,211,695
40,373,607
l'S8c
'90c.
1-49C.
1-02C.
•48c.
•47c.
Average net earning per ton per mile
GROS9 EARNINGS OF Till ROAD FOR FIVE CONSECUTIVE TEARS.
187*.
1876.
Gross earning
$756,865
$872,166
1874.
1873.
THE FREIOUT MOVEMENT FOR THE SAME TIME WAS
1678.
Tons hauled 1 mile... 53,211,695
Av. rate per ton p. m.. 1 38-lOOc.
$627,9 ;2
AS FOLLOWS:
1875.
40,373.607
31,086.692
30,636,162
23,6-6,114
49-lOOc.
1 73-lOCc.
194100c.
2 12-luOc.
1
1874.
1872.
$734,252
$745,063
1873.
1872.
The steady decrease in freight rates, as shown above, has been
an important element in the financial condition of the property.
Had the same average rate been obtained in 1876 as in 1872, the
earnings would have been $430,410 greater, making gross earnings $1,292,586, jnstead of $872,166 as they were, and this without any increase whatever in the expenses. The net earnings for
the year would have been $721,222. instead of $300,802, and the
percentage of expenses to earnings 44 21 per cent, in place of
85'5I.
The same rate as received in 1875 would have produced
$85,148 more revenue in 1876.
GENERAL INVESTMENT NEWS.
The
is
a gain of 248 over the preceding year.
gross income was
Opei ating and general expenses.
Net income
Construction account
Netprofit
Add previous surplus in 1876
Total surplus fund
. -
—
:
Supreme Court at Montpelier this month. * * * Of the old
Harlem Extension road, formed by the consolidation of the Western Vermont road, running from Rutland to Bennington, and the
Lebanon Springs road, extending from Bennington to Chatham,
N. Y., the latter section is not operated. The former, controlled
by President Gardner and a Vanderbilt board of directors, ia
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 j udgment 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."
Honston
&
Texas Central.
—The
Union Trust Company, as
Kansas & Texas RailHouston & Texas Rail-
trustee, took possession of the Missouri
road, which connects with the line of the
way Company. An arrangement was made with this last-named
company for the dispatch of through trains over both
lines.
The Union Trust Company claims that on July 1, 1877,
railway
American District Telegraph Company (N. T. City).— The
annual statement of the company shows that 4,185 instruments
arc in use, which
R. C. Root, of Root, Anthony & Co., of New York.
The Springfield Republican says " There is great interest in
Vermont over the suit of Trenor W. Park, of North Bennington,
against the towns which bonded themselves to build a part of the
road which was afterward consolidated into the Harlem Extension.
The case is to be heard before the full bench of the
$308,913
263,918
$45,025
13.94i
$31,076
7,399
$38,476
The company has no floating debt, and the statistics show that
1,513,265 messages were sent during the past year, as against
872,247 in 1876, or an increase of 1,141,018.
Baltimore & Ohio.—The usual monthly meeting of the
Board of Direc'ors of the Baltimore & Ohio Railroad Company,
John W. Garrett presiding, was held at the company's offices.
$221,549 were due it under this arrangement, but has not been
Recently, John J. Cisco & Son advertised that they would
pay the coupons on the consolidated bonds of the Houston
Texas Railway Company, amounting to $200,000. The Union
Trust Company thereupon obtained an attachment against the
funds of the Houston & Texas Company in the hands of J. J.
Cisco & Son.
To this a return was made that J. J. Cisco & Bon
held no such funds. An order was then obtained for the examination of Mr. Cisco, to ascertain where the money cemes from
to pay coupons, and he said he had $125,000 given him by Mr,
Whitney, President of the road, in trust, to pay coupons on
bonds of the road.
paid.
&
Indianapolis Bloomington& Western.— A report from IndianChicago Inter-Ocean, says that II. C. Siimson, of New
York, representing the bondholders of the Indianapolis Blootnington & Western Road, General George B. Wright, receiver,,
and C. W. Fairbanks, attorney, submitted a plan to several
classes of the bondholders, which they think will accomplish
the end desired. It is a scaling scheme by which all classes of
bondholders will get a certain per cent for their bonds, in proportion to the present value, the scale varying in price from 30 up.
to 75 cents on the dollar.
To raise money to buy those bonds, itis proposed to issue $5,000,000 in new bonds, and cancel all nor
existing. It is thought the business of the road will enable the
company to pay the interest on such bonds promptly. The bondholders have not yet taken action on the proposition. The
scheme will hardly be acceptable to the first mortgage bondThey are sanguine that they eventually will get the
holders.
whole concern without even raising the $650,000 ordered to be
paid certain classes of creditors by the Court, hoping by an
appeal to the United States Supreme Court to rid themselves of
apolis, in the
Among other business transacted, a dividend of 3 per cent was
declared on the main stem Btock. The 5 per cent dividend declared in April makes, with this, 8 per cent for the year 1877.
The committee of finance reported that they had closed the negotiation of the loan of sterling five per cent bonds, the proceeds of
which paid the chief part of the floating debt of the company.
There yet remained a sura which, although within theconvenient
ability of the company to continue, it was determined should be
reduced as rapidly as practicable from the earnings. It was
therefore deemed the proper policy to recommend the dividend
as stated.
The committee of finance also submitted a resolution,
which was adopted, declaring it is inexpedient to declare a dividend on the stock of the Washington Branch road, in view of the
continued claim of the State of Maryland for a tax of 20 per cent that.
on the gross receipts for passengers from the 10th of December,
Lowell & Lawrence. At a special meeting of the stock1870, since which date the said tax has not been collected by the holders, the proposed lease was submitted, which is to be made to
company.
the Boston & Lowell Railroad, to take effect at the expiration of
Brunswick & Albany.— It is reported that this road has been the present lease, October 1, 1878, and run twenty-five years, for
per cent insold by the present owners to an English company,
which will the consideration of 5 per cent interest on stock, 6
put it in good order and build the extension from Albany,
terest on all debts and bonds, and one per cent additional from
Ga.,
A stock
to Eufaula, Ala., which was partly graded tome years ago.
earnings as a sinking fund to liquidate the bonds.
Cincinnati Kockport & Southwestern.- It is said that the vote was taken, when 1,225 votes, representing 1.6S3 shares,
being all that were cast, were given in favor of confirming
proposition recently made by the bondholders, to
reduce the th-- lease. The following votes, offered by Colonel George, were
interest on the bonds from 10 to 7 per cent is not
acceptable. To
1st. That bonds authorized to he issued by a
similarly adopted
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 I, 1878, be mortgage bonds, and that the directors be
Cumberland Jfc Ohio.— At a meeting of the Board of Directors authorized to execute a mortgage of franchise and property of
helrl 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 R.ilroad
to endorse the
by vote determine upon, for the purposeof securing the payment
bonds of the C. & O. to the amount of $10,000 per mile from Lee
of said bonds and all existing debts and liabilities of this corpoJille, Tenn., to Shelbyville, Ky., upon condition that the N
C ration. 2d. That the directors be authorized to purchase of the
& 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 CHRONICLE.
358
New York City and Brooklyn Valuations.— 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 reduction on New York's quota is to make the
proportion of State tax on New York City 45'5 per cent, as
against 488 per cent of the who'.e State tax last year, and to
make the tax to be paid $254,000 less than for this year.
fcS*
Friday Night, October
12, 1877.
very good and the mercantile situation generally
improves, in spite of numerous and important failures and
The weather has
defalcations in all sections of the country.
Trade
is
become favorable to business, and the marketing of crops begins
from the increased amounts of available funds in the
hands of the agricultural community. There is a check to specu-
to be felt,
but this will rather
promote a revival of legitimate business, by discouraging the
holding back of agricultural products, n.g.iet .ates for money
Still, profits
will also exert an influence in the same direction.
are small and the chief consolation to merchants is in the promise
lation for higher prices iu leading staples
;
Mississippi.— A dispatch to the World, dated Cincin"An excited meeting of Ohio & Mississippi of the not distant future.
Pork has been drooping, and mess closes nominal on the spot,
etock and b>nd holders was held here to-day for the election of
Tue issue was between New York and Baltimore with $13 85 bid and $14 asked for both October and January
directors.
for the election of directors,
parties Wall street against Garrett
Lard has also declined, and prime western closed at $9 10 on the
and by them to obtain control of the property. Four directors
were to be elected and two appointed by the old board to fill spot aud October, and $8 80 for January. Bacon has sold at 8J@
The Garrett party, represented by Bobert Garrett, 8Jc. for city long clear, closing at the inside price. Cut meats are
vacancies.
came with large quantities of stock and bonds purchased during depressed and unsettled. Beef and beef hams are unsettled and
last year, bat the register's book of the company did not show
nominal. Tallow has declined to 7f@7Jc. for prime. Butt r is
the transfers, because there has been no President for eleven
somewhat unsettled, at an abatement from the highest figure.
the
book.
on
months, and transfers could not be signed or put
Ohio
&
nati, October 11, says
:
—
—
'
XXV.
Commercial ®tmc0.
Commercial epitome.
Mariposa Mining Company.— At a special term of the Supreme Court held by JudgeDikeman, in Brooklyn, tUe injunction
asked for on behalf of Francis B. Wallace, a stockholder in the
said company, against Eugene Kelly, Joseph A. Donobue and
t£e Mariposa Land & Mining Company was granted. The object
of this proceeding is to compel Eugene Kelly & Co. to surrender
the mortgage held by them iu the Mariposa estate as fraudulent,
and to recover tho sum of $360,000, money due to the company
ironi Eugene Kelly & Co., and for $1,000,000 damages.
[Vol.
Thus, while Garrett claimed a right to vote, these New York Cheese ruled steady at 10@13ic for factories. The following is
parties claimed that the meeting must go according to the book
a comparative summary of aggregate exports of hog products
and exhibited proxies from numbers of old holders of etock an< from November 1 to October 6
secured
the
Directors
Board
old
of
proposed to vote on it. The
1875-76.
Increase.
1876-77.
appointment of two friends of Garrett, Governor Bishop and Pork, lbs
45.271,600
9,321,800
55.59.3,400
1M>,1M,199
38,501,845
218,610,444
Kenner Garrard, both of this city, to fill the vacancies, thus Lard, lbs
3ti7,.-.30,439
They
then
427,648,220
board.
majority
in
the
lbs
&e„
working
good
Bacon,
making a
appointed Messrs. Sloan and Horsey, of Baltimore, and Mack, of
5Sf3,7!l,238
103,110,826
70l,8?2,Cbl
TotaUbs ...
Then
Cincinnati, inspectors to decide on the vo'.es offered.
Kentucky tobacco has continued in fair demand, and the sales
Sprinafield bonds, mostly held in New York were, on motion of
Mr. Diuifl-, of Baltimore, disfranchised. The inspectors decided for the week are 650 hhds., of which 550 were for exp3rt and 100
that proxieB not accompanied by a certificate of transfer would for home consumption. Prices are rather easier lugs, 3i@5Jc;
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
blank assignments would be accepted, the possession being
accepted as evidence of a transfer. The result was a large
majority in favor of Garrett, the New York men being mostly
working on proxies. On the election of the Garrett men, Messrs.
Whitewright, Scarborough, Iseliuand Meir, as directors, the New
York parties, led by Harry Crawford, a noted railroad lawyer,
protested against the appointment of inspectors by the old
directors, saying that they should have been elected against the
rulings of the inspectors and the Chairmao; and, refusing to vote
any of their stock, organized as soon as the meeting had
adjourned, and elected another set of directors, as follows: W.
D. F. Manice, W. D. Griswold, O. D. Ashley, Henry Crawford,
Fredk. Mead, M. H. Bloodgood, Robert L. Cutting, J. M. Harts
horn?, Peter O'Douohue. After announcing New York as the
office of the new company, this body adjourned to niret there
October 10." General L. B. Parsons was elected President of the
The second Board did not organizB.
first board of directors.
;
—
Quicksilver .Mining. The case of Geo. S. Kent against the
Quicksilver Mining Company has been decided, on appeal, by
The suit was brought
the General Term of the Supreme Court.
to prevent the company from making its common stocK equal
to its preferred stock. The company, when in great straits, made
the offer to all stockholders, that on payment of $5 a share their
stock should be preferred stock. A large proportion of the stockholders took advantage of this. Others did not. Recently, a
resolution was passed by the trustees of the company, to allow
the holders of the stockthat did not then become preferred
to place themselves on the same 1 vel as the preferred stockholders, by paying $5 a share and interest. Mr. Kent, though
owner of common as well as of preferred stock, brought suit
to restrain the carrying out o! this resolution. The World report
"Judge Van Brunt on the trial gave judgsays of the decision
ment in his favor, holding ti.at the parties who did not at first
secure preferred stock conld not afterwards claim the advantages
of the risk that was taken by those who on the first call advanced $5 per share of their stock. The General Term affirms
this judgment, Judge Daniels giving the .opinion, but on entirely
different grounds, holding that tne company had no right to
'If that could be done,' says Judge
create a preferred stock.
Danielp, 'corporations would be enabled under the sanction of the
law to perpetrate the most gross frauds. They could receive the
subscribers' money ostensibly and expressly for one thing, and
afterwards deprive them of its substantial benefit by converting
it into another and entirely different thing of inconsiderable
value.
Persons do not subscribe for nor deal in the stock of corporations upon any such understanding. .They proceed upon
expectation, justified by law, that the shares they buy shall not
be destroyed by giving others a prefereuje over them, where no
power of that nature has been created by statute or reserved to
"
be exercised by the corporation itself.'
:
and'the sales of the week aggregate 2,291 cases, as follows: 150
cases sundries, 4 to 16c; 450 cases New England, crop of 1876,
8 to 20c; 1,000 cases Pennsylvania, crop of 1876, 8 to 22c. and
private terms; 511 cases Ohio, crop of 1876, 8 to 15c; 50 cases
Wisconsin, crop of 1876, 9c; and 130 cases Illinois, crop of 1876,
private terms. Spanish tobacco has been quiet, and sales are
limited to 250 bales at 80c.@$l 10.
There' have been several declines in Brazil grades of coffee,
which brought out a better trade; fair to prime cargoes quoted at
18f@20c, gold stock here in first hands on the 10th inst., 81,247
ba»s. Mild grades have been quiet and nominally unchanged;
late sales of 3,000 mats Java, 2,000 bags Maracaibo and 1,491 bagB
Laguayra at current quotations. Rice has been fairly called for
Cuba refining
at firm figures. Molasses continued quiet but firm
Refined sugars at the close were quiet and lower;
50-test, 3*c.
standard crushed, 10|c. Raw grades have remained s.eady, with
The following
fair sales; fair to good refining Cuba, 8i@8§c.
will show the supplies, etc, on the 10th inst.:
;
;
Stock Oct.
1,
1877
Keceipta since Oct. 1, 1677
Sales since 'ct.l, 1877.
Stock Oct. 10, 1877
<
Stock Oct.
Hhds.
Boxes.
Baes.
Melado.
81.578
23.82J
1,463
4,597
50.689
31,410
310,050
n.it.8
1,913
2,65
15,314
.-.
71,1-88
40,669
12, 1876
95,C5'i
1.91S
528,165
85,177
1,203
There has bsen a very fair business in ocean freights ; rates
for berth room have shown some irregularity, but at the close
there was a recovery to a pretty steady basis. Grain chartera
also have declined a trifle, but petroleum tonnage has continued
Late engagements and charters include:
iu demand and firm.
Grain to Liverpool, by steam, 9@9Jd. provisions, 35@45s.; cot;
London, by steam, 8i^8|@9d.j
grain to Glasgow, by steam, 9Jd. proviflour, by
sions to Bristol, by steam, 65060s. flour, 3s. Od. Grain to Cork
do. to Southampton,
for orders, 6s. 9d.@7s.@7s. lid. per qr.
refined petroleum to
do. to an Italian port, 6s. 7id.
6s. 10id.
London, 4s. 4id @5s. naphtha to London, 5s. refined to Rotterdam, 5a. 3d. do. to Leghorn or Naples, 5s. lid.: do. to Antwerp,
do. from Philadelphia to Bremen, 4s. 7id. To4s. 6d.@ls. 9d.
day, business limited, but steady and even firmer rates ruled in
some instances. Grain to Liverpool, by steam, 9@9J@91d. and
by sail, 8id. for corn hops to London, by steam, id. grain to
Avonmouth, by steam, 9id. do. to Antwerp, by sail, 9id. do.
refined petroleum to the
to Cork for orders, 7s. lid. per qr.
ton, id.
;
grain by
sail, 8Jd.; do. to
sail, 2s. 9d.
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;
naphtha
to
United Kingdom, 5s. 6d.; do. to Rotterdam, 5s.;
case oil to Beyrout, 30c. gold.
Liverpool, 5s. 3d
Iu rosius a moderate export trade has been done at eteady
Spirits turpentine
figures; common to good strained, $1 76@1 80.
advanced to 35}c. a day or so ago, but the close was dull and
lower at 35@35ic. Petroleum has continued very quiet, but quotations are steady at 8fc. for crude, in bulk, and 15ic for reAmerican pig iron remains steady and in better
fined, in bbls.
demand; sales 2,000 tons at $18 50@20 for No. 1, and $17 50@19 00
sales of 2,000 tons old iron at
St. Louis Iron Mountain & Southern.— The new suit filed for No. 2. In rails there have been
currency.
by the Union Trust Company, of New York, against the St. Louis $18. In lead 2,000 tons common have sold at 4J-@4f c
Grass seeds have met
& Iron Mountain Railroad for foreclosure of the mor'gage and Ingot copper has sold at 17J@18c per lb. per
lb. for clover, and
sale of the road, was heard last week before Judge Dillon on the with a better demand for export, at Sic
demurrer to the bill. The case was submitted on the argument, $1 40 per bushel for timothy. Whiskey closed nominal at $1 13},
and printed briefs are to be presented.
tax paid.
;
October
THE CHRONICLR
13, 1877.]
COTTON.
Friday,
ness. For future delivery the excitement and
buoyancy of pricei
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
with the accounts of frost in the northern belt. Still, the
former
was the most potent, and the advance for the early deliveries
was much greater than for the spring months. Many of the
parties who had been operating for a decline, covered their contracts at extreme prices.
Liverpool was also active and higher,
and the reports from that market contributed to the excitement
on our Cotton Exchange. The advices were also stronger from
Manchester, Eng., and Fall River, Mass. But there-action was
almost as rapid and even more decided than the advances, begin-
P. M.. October 13, 1877.
TnR Movement of tiib Crop, as indicated by our telegrams
from the South to-night, is given below. For the week ending
this evening (Oet. B), the total receipts have reached 109,264
bales, against 70,040 bales last week, 43,128 bales the previous
week, and 23,849 bales three weeks since, making the total receipts since the 1st of September, 1877, 263,873 bales, againpt
480,265 bales for the same period of lb76, showing a decrease
The details of the receipts
eince Sept. 1, 1877, of 217,830 bales.
for this week (as per telegraph) and for the corresponding weeks
of five previous years are as follows
Receipts this
week at—
:
1815.
1336.
18'i7.
1
18T3.
1874.
869
ning on Tuesday and continuing throughout Wednesday and
Thursday, under receipts at the ports nearly equal to last year.
1832.
Every other point was
19,617
Mobile
10,171,
10,968
7,1,61
19,212
23,265
18,711
21,031
21,336
490
816
27,191
28,7?8
20,265
19,123
16,991
23,383
10,067
8,383
1,713
.
1,015
1,'KX)
363
178
2,86
2,151
3,984
1,773
\
602
812
268
44)
236
293
4,623
5,358
4,336
4,191
1,064
2,117
9,031
24,336
1,->,521
15,816
9,863
11,378
1,393
755
336
693
2,571
999
109,261
136.071
137,429
121,054
78,934
98.291
202,375;
4=0,205]
423,237]
372,368]
262,405]
416,360
Ac
;
9,860
128
Norfolk
.
9,125
14,148
16,096
Florid*
1..
|
6.38T
496
lost sight of.
It was idle to speak of the
reduced visible supply, and the deficit which receipts already
exhibit and if the advance was most rapid in the early months,
the decline was equally sharp in the more remote deliveries.
The reports of the Southern Cotton Exchanges for September
were generally regarded as overdrawn in their statements of
adverse features, and had little effect.^To-day, there was a very
irregular market for futures, October being higher, and the
other early months cheaper, while the more distant deliveries
were steady.
The total sales for forward delivery for the week are 372,000
bales, including
freeon 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 hales were to arrive.
The following tables
show the oiiicial quotations and sales for each day of the past
26,481
13,^85
31,711
350
Total since Sept.
19,933
26,0S'I
10,301
Port Royal, *c
City Point,
32,033
32,381
—
week:
The exports
for the week ending this evening reach a total of
bales, of which 24,673 were to Great Britain, 4,386 tc
France, and 3,000 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
New
I
week
Oct.
Good Ord'ry.
Strict
Exported to
Oct.
Great
12.
France
Britain
New Orleans*..
this
Same
week
week.
1870.
Total
ending
Continent.
Charleston
18,402 101.614
10,919
20,697
2,190
2,490
3,150
30,280
42,615
3,300
3,303
8.750
371
300
12,101
9,121
,
Other porUt
3,293
Total thlewcek..
1816
6,522
Galveston t
New York
1877.
14,152
Savannah
Norfolk.
Middling
Good Middling
10,137
MoMle
3,306
24,673
4,336
3,600
2,319
32,659
Low Middling
Strict Low MuMl'g
Stock.
36,9 2
55,962
88,718
47,462
26,266
62,875
4,250
33,991
22,000
22,000
24,092 207,747 3-0,2:9
Total since Sept. 1
50,121
4,608
8,940
107,766
68,669
* Afew Orteani.—Our telegram to-nignt from New urleans snows mat (rieslcles
above exports) the amount of cotton on shipboard and engaged for shipment at
that port Is as follows: For Liverpool, 9.000 hales; for Havre, 2.150 bales: for
the Continent. 4,000 bales for coastwise ports. 2,500 bales; which, If deducted from
the stock, would leave 30,259 bales representing the quantity at the lauulug and in
Strict
11
11
12*-!6
Fair
12 ll-:l
Ordinary
*
Strict Ordinary.
Good Ordinary
presses unsold or awaiting orders.
'«;<>«.—Our Galveston telegram shows (besides above exports) on shinnoaril at that port, not cleared: lor Liverpool, 5,761 ba!e<; for other foreign,
for coastwise ports, 150 bales; which, If deducted from the stock-,
would leave remaining 22,'.09 bales.
ri 8 ,e«nor!s this week under ihe head of "other no-ts" Include from
Baltimore.
, J.. ?
es Sea Isi.nd to Liverpool: from Boston. 1,133 hales to Liverpool: from
•
Philadelphia, 503 bales to Liverpool.
;
.
From the foregoing statement it will be seen that, compared
with the corresponding week of last season, there is an increase
In the exports this week of 8,567 bales, while the stocks to-night
are 172,472 bales less than they were at this time a year ago.
The following is our usual table showing the movement of cotton
at all the ports from Sept. 1 to Oct. 5, the latest mail dates:
BECKUPTB
BXFORTBD SINCB SXPT.
Great
1877.
1816.
N. Orleans.
Mobile
20,527
70,797
|tJ0M
25.427
Charleston*
21,301
64.3 !6
Savannah
43,443
66,510
..
53,534
Galveston*.
N. Carolina
Norfolk*
Other port-*
yr.
173
Total.
3,(96
....
!0
10 :3-:6 it
I0X
11 1-16
.1
11
ll«
11 3-16
UK
11
3-16
SMI
i>K
II
11
1-16
3-16
7-16
2,873
....
....
....
...
19,271
222
5,162
(44,181
10K
11
II
11
Haiti 15-16
Utf
UK
15-16
II
12 J-16
:2K
3-16
UK
UH
UK
1-.6
9-16
12K
12 13-16 13
12 13-16
Trie*
Wed. Tuck Wed. Tue» Wed. Toes Wed.
Oct.
Oct. 10. Oct. 9
Oct. 10. Oct.
10*
t68
10K
-
9.
lb.
10X
io*
...
'.OK
10K
I0X
M'A
10*
10X
10*
Oct. 10. Oct.
9.
:0K
10K
10X
Wil-
It
11
li
Oct. 10.
9.
10X
10K
I
OK
10*
U
Good Ord'ry. 11 1-16. 11 1-16 :i 1-16 U 1-16
3-16 ii s-:6 u 8-:6 113-16
Middling....
ill*
UK
UK
UK
UK
UK
UK
UK
Low Mlddl'g UK
UX
UK
UK
UK
uS
UK
Mlddling
II*
US
UK
UK
UK
UK
UK
Good Midd'Ing..
UK
i;x
UK
uk
im
UK
"V
Strict Good Mlddl'g II 13-16 II 13-16 II 13-16 11 13-16 11 15-16 11 15-16 I! 15-16 II 15-16
Middling Fair...... 1>*
12*
12*
I2K
I2K
12K
12K
12K
Fair.....
113
V'.X
I3K
I2K
12*
Il3
13
13
Strict
Low
Strict
New
Th.
Cotton.
Th.
Frl.
Ordinary
V B. 10*
Strict Ordinary
10K
Good Ordinary
10K
10 3-16
10 9-16
10 13-16
I0K
10K
;ok
Strict
11
II
Low
Good
Frl.
Th.
Th.
Frl.
Oct.U Oct. 12. Oct.U. Oct.12. Oct.U. Oct.12 oct.u.
Ord'ry.
II
i-16
10 3-16 ll'K
10 9-16 10*
10 !8-:6 11
It
11 3-16
1-16
10 5-16
10 11-16
Fair
12 13-16
I2X
12*
13-16
lii
11
15-16
ll
5-16
7-1C
9-16
10K
10K
II
11
Middling
11 3-16 UX
11
11 3-16
UK
Low Mlddl'g UK
11 5-16
II ! -16
IX
UH
Middling
II 7-16
U*
II 7-16
UK
11*
Good Middling
11 9-16
11 9-16 UK
\>%
UK
„
Strict Good Mlddl'g 11 13-16 II*
II 13-16 II*
II ,5-16
Middling Fair...
12 3-16 12*
12 8-16
12*
12X
Strict
11
11
11
U-16 'IK
UK.
II
12
15-16
UX
12 5-16
;i
3-16
UX
"H
UK
15-16
3
STAINED.
Sat.
Oct.
6.
Good Ordinary
Good Ordinary
9 11- 6
10 5-16
Middling
Middling
10 9 16
.0 15-6
Strict
Stock
Hon
Tiles
Wed Th.
Oct.
Oct. 9
Oct.10.
Oct.u Oct.12.
a
UK
10*
8,
9K
9*
10*
10*
10K
ox
UK
UK
MAUKET AND
Ports.
15,353
33,616
6,552
8,710
11,716
17,170
20,313
24,3:7
13,402
24,655
17,204
33,4:4
Frl.
9 13-16
10 7-16
10 '.'-16
11 1-16
2*
10*
SALES.
saLaa op spot and TBaxsrr.
Con- Spec- Tran-!_
*<>«»»
sit.
port. sump' ulafn
Spot Market
Oellr-
Ex-
Closed.
Saturday
Firm
..
Monday..
Bale*,
huradaj
?Tlday
3,916
1,769
9,303
3,501
16.0J0
2,830
23,418
222
5,310
81,016
84,132
155,721
61,615
18,369
4,670
83,674
141,837
186,383
Included Port Koyal, 4c: under tho bead of
Included Indlauoia.Ac; under the head of Aw/alt is Included City
Is
These mail returns do not correspond precisely with the total of
the telegraphic figures, because in preparing them it is always
Eecfwary to incorporate everv 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, the stock
having run down to 28,000 bales, while the spinning demand
was steady and urgent. Consequently, with an advancing tendency at Liverpool there was an advance here of 3-16c. (to ll}c.
for middling uplands) on Monday, and this was subsequently
maintained, though the offerings became moro liberal, until today, when quotations were reduced Jc, with a very limited busi-
Total
I.C79
2.2
1.137
6I..OJ
IB
Strong, higher....
.
Easier, unch'gl.
..
IJilot,
110
135
.
lowe-
a
1.653
1.032
2,249
2,212
....
erles.
-7.1 >>
1,212
Firm, unc.a .gel.
rueaday
Wedneidaj Steady
i
177
...
8,415
of Charleston
11
UK
12 1-16
12 lt-l» '2.K
OX
10 3-1S
.0 9-16
10 13-16
3-16
I
....
1,151
153,111
11 5-16
UK
11*
11 7-16
9-16
UK
;i i3-:e U*
12 3-16
ux
Oct. 8.
6.
10*
I0K
9-U 10*
Coast-
wise
11,391
Under the head
Galveston Is
Point &c
8,347
TO—
....
Tot. last yr.
•
forel'n
tajsn
2,430
171
Tot. this
France
1
Oct.
8.
10K
.
New York..
.
Britain
Other
Oct.
6
10 7-16
10 11-16
11
1.".-
Oct
10 3-16
11
13-1C
8.
10Jf
11 5-16
Low
PORTS.
Oct.
6.
10 :-'6
11
m
11 7-16
Good.MiddlV
Cotton.
Oct.
8.
UK
8-11
11 5-16
i
;
Oct.
6.
Sat.
10 '.-18 10X
10 7-18 it'X
10 1 1-16 10X
11 1-15
10X
11 1-16
!1J>
Middling Fair
Hew
ALABAMA. N. ORLEANS.
TEXAS.
Hon. Sat. .Hon Sat. Hon.
Sat. /Hon
Ordinary .. ..» B.
Strict Ordinary
Good Ordinary
of last season:
Weok
Cotton.
6-<.0 X)
5-\*»
431
631
57.500
63.300
7,2 3
9,113
37;,OX)
2,
40
100
free on board)
For forward deliverv, the sales (including
have reached during the w™k 372.000 baleB (all middling or on
the basis of middling), and the following is a statement of the
ales and prices
For October,
bates.
3,0
200
:tw
1,800
lales.
fOO...
160...
1..00
II11-31
1.70). .
1,900 ...
1.201
I.JIM ...
..
..
.
U-i2
U-33
I
100 ...
/go....
2.700
1,200....
500....
11-11
3X)
IMS
OJ
2.5UU....
ll-3fl
8400
7
U-3-i
1I-3"
6)0
:«o
300
...
1,500....
1.3>J ..
MM...
1,400....
1.200 ...
II-
<00
1 -10
Il-il
100
t.-u
tl 9 JO
For November,
c»
1J00
l.-»8
I
ii-oi
4.91'....
2.301....
S.S09....
231C
T.H0....
1.000
n-«s
1101
3.6CO...,
6.00
a coo
3.00!)
...11-18
...11-30
.....11-11
ll'il
.
Wl
U-'O
:-m
2.40
0.1
11*
U-38
3.200
....U-06
U-51
7,W..
-53
11-57
t.nv.
U-31
SB
.
...U-tl
7.0
.
11-11
1.500
.1
1
-,7
11-08
wo..
...
.
.... 11 14
wo..
...
.11-18
11-21
...11-23
11-23
.
U-.l
«
...
11-J7
11 -*
..
K-2<
-.
..
3.<0....
.-.
IN...
MB
.
S.lOf....
.11-25
11*
too...
3,t00...
.
700
l
1.1
11-
3.01'..
ins
11-19
11-20
...
2."".
1
IIM1
S.-'O ...
300....
Iltt
..u-:2
...1116
,
6.6 0....
11-10
11-13
U-61
total Oct.
cts.
:.8 0..„
330...
U-3
11-11
..
b ties.
ha'es.
...li-«
...1117
100....
.U-21
..
1.100
eta.
...11-43
...il-ll
w>....
tl-26
l!-2«
..
MO....
cts.
U-2!
1121
.
-.11-. J
11-31
...1I--2
11-3.1
11-31
THE CHRONICLE
360
CM.
bales.
8,900
2.100
5,700
8,300
800
bales.
600
11-01
1,00
1.M)
1101
2.500
1,900
1,900
U-(6
U-07
...11-10
...11-11
900
1,600
...1U44
...U-15
200
103
700
1.C03
:00
1110
1.9('0
1.30J
8,200
11-11
800
500
700
503
500
610
100
100
S>0
122.2M total Nov.
For December.
400
2,200
700
600
780
900
2,700
...1113
.. .11-14
..
1,(00
...11-16
...11-17
...11*11
l.fOO...
2.900...
8,(00....
2,000. ...
U-97
1.400
3,800
2,600
4,70)
2.100
II* 6
2,710.
110/
8,.-:00.
li-o-i
6,800
11-09
•2,103
11-11.
SOO.
1111
500
50O
11-15
11-16
5^00
11-20
8.000
4,500
300
11-21
im
1,000
11-23
11-21
11-23
600
1119
500
l,ll«
2.9O0
2,300
2,200
4,600
4.300
8,500
2,700
1,-00
'
11-52
1.500
83,100 total
For February.
For January.
100
11-11
SOO
200
SOO
100
100
200
400
100
100
1112
11-13
rn-ii
11-16
11*11
11*18
11-19
11-20
11-27
li-23
11-29
1,400
0-99
11-00
800
4,900
1,100
100
500
11-01
i
1
Augusta,
U-32
100...
100
U-52
Il-.i3
11-51
11*51
11-58
Jefferson,
1UO
100
200
100
300
EOO
500
Griffin,
2(10
U- 9
11-92
9
11-60
EOO
u:-2
400
11-63
11-61
11-66
1.200
U-26
1116
11-43
ll-'i
11-13
11-21
1122
11-27
11-40
11- 8
11-31
11-49
11-62
11-71
April
11-83
w%
4-73
l.-X
11-85
11*97
lj-00
total June.
The
li-l*.
Ea9y,
lower.
Steady,
lower.
Steady,
lower.
11-37
11-28
1117
1186
u-o:
11-39
11-07
11-03
11-10
.
1116
Ilia
11-07
U-03
1119
1110
11-31
11-21
11*34
11-53
U-14
1147
11-6,
11-79
11-40
11-56
11-63
11-30
ll-iO
11-75
11-10
telegraph, is as follows. The continental stocks are the figure!
of last Saturday, but the totals for Great Britain and the afloat
for the Continent are this week's returns, and consequently
broughtdown to Thursday t vening; hence, to make the totalB the
complete figures for to-night (Oct. 12), we add the item of export*
from the United States, including in it the exports of Friday
\
481,000
23,250
Total Great Britain stock
Stock atHavre
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 ports.
512.250
170,000
8,500
51.000
12,250
Total continental porta
54, -.50
29,750
10,250
6,750
9,710
1876.
658,000
33,000
1875
611,000
62,000
1874
645,000
111,000
(191.030
673,000
208,750
4,250
75fi,000
156,0; Kl
42,0,10
58,00.".
192,750
4,000
60,000
10,500
48,000
60,750
16,500
17,000
14,250
389,750
423,000
1,062,750
242,000
97,000
38,030
264,716
1,179,000
120.000
63.000
43.000
3--,0ll8
46.768
10,000
25'i,880
10,000
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:
.
235,000
885,000
48,0 Kl
207,747
23,863
272,000
272,000
79,000
380,219
40.083
2,510
252,000
172,000
97,000
261,716
32,098
10,000
1,045,802
827,814
3 ; 6,000
33.0U0
151,750
165,000
28,000
359,000
62,000
217,750
242.000
iU.OOO
470.000
111,000
240.000
220,000
43,000
7.9,610
783,750
1,015 802
916,750
827,814
1,034,000
728,148
Total visible supply.... bales. 1,278,360
Price Mid. Uplands. Liverpool ... 6 8-16(1.
1, 829,553
1,714,564
1,812,148
5 15-16d.
afloat to
Europe
Ut.(ted States stock
United States interior stocks
United States expoitB to-day
Total American
bales. 779,610
East Indian, Brazil, dtc—
Liverpool stock
249,000
London stock
28,250
Continental stocks
87,500
India afloat for Europe
103,000
Brazil,
Ac, afloat
Total East India,
Total American
Ac
31,000
43*, 750
These figures indicate a decrease in the cotton
175000
183 000
63 000
250*380
46J763
10000
.
823
5,351
15,218
1,564
43.S54
85,391
40,083-
2,500
2,366
577
3,186
4.C88
1,032
2.720
2,000
898
283
745
1.C68-
5,432
1,596
20,278
18,028
39,330
32,320
^2,194
41567
41.S91
82,940
67,711
72,277
337
1,285
1,012
1,278
933
824
3,552
1,906
5,037
1,814
731
1,799
2,909
381
406
24,994
53,738
268
517
2,137
3,339
1,34*
1,540
995
H5i>
4,155
1,612
2,081
7,420
5,3112
4,795
5,561
4,106
1,214
813
—
—
—
We had a tremendous rain here last Sunday;
Dallas, Texas.
was an unusually severe storm of rain, hail and wind, demolThe storm was even more severe north
ishing many houses.
and west. Considerable damage was inflicted on the crops, and
A great
picking was interfered with, but is now fully resumed.
The thermometer
deal of cotton has been lost on the Ground.
haB ranged from 56 to 83, averaging 76, and the rainfall has been
one inch and forty five hundredths.
Brenham, Texas. There was an unusually severe storm here
on 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 in the field. Average thermometer 7-i,
highest 85 and lowest 66. The rainfall has reached one inch and
twenty hundredths.
New Orleans, Louisiana.. There has been no rainfall here
The thermometer has averaged 68.
this week.
We have had a stoim this week and
Shrtveport, Louisiana.
some damage done, but the weather is now favorable to planters,
roads are good, and receipts getting larger. Picking will end
Average thermometer 64, highest 80 audi
earlier than last year.
lowest 40. The rainfall has been seventy three hundredths of ai»
it
—
.
'
—
—
728,118
— Wo
have had rain on one day, the>
Vicksburg, Mississippi.
The therrainfall reaching seventy-one hundredths of an inch.
mometer has averaged 64, the highest being 80 and the lowest.
Picking is making fine progress.
Columbus, Mississippi. The weather during the week hast
been pleasant, and picking is progressing well. The rainfall hasi
been fifty-five hundredths of an inch.
The week just closed has been delightLittle Rock, Arkansas.
the rainfall reaching
ful, excepting on Sunday, when it rained
one inch and thirty-eight hundredths. The thermometer has
averaged 63, the highest beiDg 86 and the lowest 45. Cotton
picking is progressing very satisfactorily.
It has rained ou two days of the week,
Nashville, Tennessee.
with a rainfall of sixty-seven hundredths of an nch. The thermometer has averaged 57, the extremes being 47 and 67. We
have had frosts this week, but not killing frosts.
Memphis, Tennessee. We have had rain on one day this week.
the rainfall reaching sixty-eight hundredths of an inch. Picking
47.
—
—
7Xd.
6,204
2,655
4,000
5,097
2,561
5,351
1.0H2
2,930
1,084
6,516
1.670
2,591
6,959
5,175
2,458
inch.
American—
Liverpool stock
Continental stocks
8,130
2,980
4,173
3,411
3,611
12.260
and northeastern 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 openand 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.
It has rained (sprinkles) on two cays of theIndianola, Texas.
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.
We had a very hard rain here on Sunday;,
Corsicana, Texas.
Much damage svas done to
it was an unusually severe storm.
Average thermometer 68, highest 80 and
buildings and crops.
lowest 53. The rainfall for the week is one inch and eleven
88,250
22,000
9,000
24,000
423,750
gypt,
ports
8,66:
8,189
4,3(1(1
—
17,000
1,114,750
185.000
American
1,583
905
new
1876.
—
3(1,250
352,500
28,000
330,2 9
40,0-3
2,500
23,863
2,556
349
3.316
2.471
761
,
Weather Reports by Telegraph. The past week has
been almost everywhere very favorable for developing and gathering the crop, except in the northern and northeastern two thirdsof Texas, where there was, on Sunday last, an unusually severe
storm, accompanied with very high wind, hail and rain beating
out much cotton. Elsewhere picking has progressed finely.
We have had a shower on one day this,
Galveston, Texas
week, and on Sunday there was a tornado in all the northern.
12,500
15,000
3H.500
67,500
9,750
7,000
9,000
Total European stocks
864,750
India cotton afloat for Europe.... 103,000
American cotton afloat for Europe 48,000
Bgypt, Brazil, Jfcc.afloatforE'rope 31,1 00
8tock in United States ports
207.747
Stock in U. S. interior ports
23,863
United States exports to-day
79,(100
3J.289
2,534
Als.(«sf.)..
hundredths.
StocK at Liverpool
Stock at London
28,744
2,233
3,112
8 9
2,840
941
3,532
13
year.
only:
1877.
620
..
Oct.
The above totals show that the old interior stocks have
increased during the week 7,455 bales, and are to-night 16,220*.
The receipts at the
bales less than at the same period last year.
same towns have been 14,810 bales less than the same week last
1205
100
Tex.
Total, all
103 %
102 X
103
X
1'2X
102X
.. ..
47i
1 o
4 78
4 78
4-7S>4
1-73X
Visible Supply of Cotton, as made up by cable and
102
Exchange
11-40
11-27
11-17
11-21
11 31
11-46
1.-39
11-71
11-81
11-78
11-91
11 40
U-o7
Tranaf. orders
11-64
11-44
11 37
11-44
ll'fi
11-68
11-80
11-92
12*04
11 61
1-.-66
Lower.
103
..
Oa
Total,
March
Firm,
375
4,306
4,899
16,637
1,558
Charlotte, N.C
St. Louis, Mo
:
ligher.
4,6211
Rome, Ga
The fallowing will show the closing market and prices bid for
future delivery, at the several dates named
MIDDLING UPLAHDS— AMBBIGAN CLASSIFICATION.
Mon.
Tues.
Wed.
Thu B.
Frl.
Market closed Higher. Higher
7,128
Columbus, Miss
May.
11-6S
11-71
11-78
11-74
11*75
11-76
11-77
11-80
1.-84
11-88
'200
200
2(0
800
the receipt*
Week ending
4 257
4,49,1
Vicksburg.Miss
For June.
11-43
11-41
11-45
is
Stock. Receipts. Shipments. Stock.
2,980
3,298
2,716
5,003
8,716
5,530
.
Total, old ports.
Euf aula,
1142
Tenn
Nashville,
....11-77
....11-80
....11-36
....11-33
.
12. 1877.
5,218
2,590
2,211
3,454
3,064
...11-69
....11-75
....1116
ending Oct.
6,853
2,920
2,712
Memphis, Tenn
....116)
1,700 total
100
11-43
11-50
11-51
14,100 total
Ga
Montgomery, Ala
.11-52
11-56
.11-57
....11-39
... .11-60
200...
100...
100...
100.
1116
.
.
II-.15
11-41
200
100
..
..
1133
11-37
11-39
11-40
11-
Week
Receipts. Shipments.
11-81
500
100
.utn
100.
11-31
1.-.2
100
U-30
1,400...
11-27
40U
400
100
200
100
1.0
1.(00
100
100
30"....
EOO
4(0
100
500
603
200
2.SOJ
1,603
400
SOO
500
200.
500
200
70,900 total Jan.
Sec.
U-26
—that
movement
corresponding week of 1876— is set out in detail in the following
statement
11-61
11-66
11-71
11-72
11-74
ion...
100. .
200...
100 ..
200...
11--3
11-29
ll-CO
the
11-63
200..
tl-SS
6
11-29
11-40
11*11
11-42
...11-41
U-58
At the Interior Ports
For May.
Feb.
400
200
200
100
101
U-2J
11-31
11-31
.
XXV.
and shipments for the week, and stock to-night, and for the
4,800 total April.
For March.
11-24
11-2J
U-i7
W0..
10J
.11
80'J
11-28
11-39
.... 11-30
11-31
11-32
1.-33
11-34
110...,
200...
200...,
SCO...
SOO...
400...
100...
20U. .
Vol.
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 decrease of 533,788 bales as compared
with 1874.
U-5S
19,610 total
1VS8
600
800
100
11-18
11-59
1.-60
11-44
11-15
11-52
11-53
11-34
1.-36
200 ...
900 ...
U-26
11-33
11-34
11-35
11-86
11-37
1117
11-31
600
100
u-.a
41(1....
1V*9
If50
6CO
800
11-41
...
100....
;00
11-37
11-33
11-19
11-40
11-41
11-42
11-11
11-45
11-43
11-47
11-48
11-21
11-25
1,100
1.700
4.800
8.200
1,100
2.2UO
l.tOO
800
100
1,800
1
1-19
...11-20
...11-21
11-21
11-23
500
7l0
300
900
1I-1J,
11-13
11 II
4,900..
..
MO....
U-03
200
800
eoo
1115
1,500
...10 98
10-99
n-tx.
11-02
8,100
100
11 I!
nn...
1,1011....
1C-63
11-94
10-95
10-C6
MM
I
11-37
11-40
liO
.li-
500
,'00
U-,18
.11-03
cts.
bales.
300
20D
.11-33
.11-84
.11-35
500. ..
600. ..
400....
800..
11-05
For April,
Ct8.
bales.
cts.
11 S5
.11-36
.11-37
...11-Si
... 11-89
l
84.
in sight to-night
—
—
—
Oi ror.i.n
is
1877.
18,
THE CHRONICLM
i
Is a greater effort being made to
Average thermometer 58, highest
had a killing frost last week, which was
progressing finely, and there
irket cotton.
71
«.).!
lowest 48.
Wo
omitted from the telegram.
but the
Mobile, Alabama.— It has rained severely on one day,
net of the week hag been pleasant, and picking is making good
Average thermometer 63, highest 78 and lowest 52.
progress.
The rainfall has been fifty-five hundredths of an iuch.
Montgomery, Alabama.—It has rained on two days during the
earlier portion of the week, but the latter part has beenelearand
Picking is progressing finely. The thermometer has
int.
The rainfall for the week
raii^-i from 48 to 78, averaging 03.
is nine hundredths of an inch.
Sc'.mt, Alabama.—Ho rain has fallen here the past week, the
weather being pleasant and favorable for picking, which is progressing finely.
Madison. Morida.—yo rain has fallen the past week. TherLast week it
mometer—highest, 76; lowest, 60; average, 00.
rained every day, the rainfall amounting to eight inches. The
The stormy
crop' will be one-half less than last year.
weather last week injured the crop to a great extent.
Mown, Georgia. Telegram not received.
Atlanta, Georgia.—It has rained steadik one day of the week,
the rainfall reaching eighty-one hundredths of an inch. The
thermometer has ranged from 47 to 69, averaging 68.
Columbus. Georgia. We have had rain on one day this week,
the rainfall reaching thirty hundredths of an inch. The thermometer has averaged 66.
Savannah, Georgia. Hain has fallen on one day to a depth of
ten hundredths of an inch, but the balance of the week has been
pleasant, the thermometer averaging 60, and ranging from 52 to
.
—
—
—
—
Augusta, Georgia. We have had light rain on two days this
week, the rainfall aggregating twenty-seven hundredths of an
inch the rest of the week has been pleasant. Accounts are
about the same. Picking is progressing finely, and planters are
Thermometer highest,
sending their crop to market freely.
Arkunaaa.— (New Obleans Exchange.)—"
Except Id a few sections, where
there were heavy rains in the early portion of the mouth, t li ^ weather
daring September is reported favorable, mid In conaegatnee iheefftcton
the pi. nit is Qood. The yield compares favorably with last yea-."
(Memphis Exciungs.) — "Averages Its department at 5 per cent increase
on last year."
We average the State at 5 per cent increase.
Tenneaaee.— (Nashville Exchange.)— " 19 report better yield than last
year, 7 u tbtr more, and 4 double the yield of last year."
(Meuthis Exchange.) We have not received the full report, but the
telegraphic summary averages the department at 5 per cent greater, I f
frost does not Intervene.
We average the State at 10 per cent increase.
I
—
;
We
Feet.
10
Inch.
Feet.
New Orleans.. Below high-water mark
Inih.
3
6
15
5
11
11
3
4
Above low-water mark
1
2
mark
8
5
3
mark
Missing.
21
1
Vlcksburg
Above low-water mark
New Orleans reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to high-water
mark of April 15 and 16, 1874, which is 0-lOths of a foot above
1871, or 16 feet above low- water mark at that point.
Cotton Exchange Crop Reports. Of course, it is impossible for us to give in figures an exact representation of the
Memphis
Nashville. . .Above low-water
Shxeveport. ...Abovelow-water
—
The
mainly
from the division of some of the States into departments, but in
part also from the fact that the reports are inconclusive. As an
instance, this month, of the latter difficulty, we would mention
the Savannah report in that case the committee say, with good
reason however, that at the present stage of development they
reports of the Cotton Exchanges.
difficulty arises
;
But, as it is neceson some percentage for Georgia in order that our
table may be complete, we arbitrarily take 10 per cent, and any
person can lessen or increase that percentage according to his
Interpretation of the report which we publish in full to-day.
That our readers, however, may have before them in each case
the authority for the percentages used, we give first the followThe
ing epitome of the reports of the different exchanges.
are unable to give a percentage of decrease.
sary to
Adopting the above as the intention of these various reports,
>orih
own
;
the portions
conclusions from the reports
Carolina.— (Norfolk Kxchangk.) "A few report the
italics
are our
:
—
yield about
the eame. or perhaps a little better than last year, while a majority of the
replies report a decrease hi the yield cf from 25 to 4t par cent."
We
h'i''e averaged the decreais on the above it iUmenl at X5per cent for the
Hale.
>*onth Carolina*—(Chablmtok Exchange.)— "Nine report the yield
more than laal year, and 74 report leas from 5 ti 50 per cent, the average
of the State bcleg 13 per cent below last year.
•Ueorala— (Savannah Exchange.)— "All the replies indicate a less yield
than last year. In some sections the plant is in no condition to make any
more, while in others it is growing well a';d miking every day. No
correct or even approximate percentage of decrease can be eiven yet."
1
'
For tAepurpoms a/ our table below, we fill the decrnue 10 per cent.
Exchange.)— "Willi good weither the remainder of
the sea- on, the yield of this State will not fall below that of last year."
Alabama.— (.Mobile Exchange.) "28 upland counties report the yield at
15 per cent less than last year, and IS prairie or bottom-land counties re-
V lorlda.— (Hatannmi
—
port 5 per cent mora. 11
(Nashville Exchange.)-" Nine report the yield not so good as last year;
7 ahout the same, and 6 from 15 to 25 per cent more."
the purposes of our tails below we average the yield for the Stats at
the same as last year.
Mississippi. - New Obleans Exchange)— "The yield In comparison
with last year will fall short about 10 per cent."
(Mobile Exch-nge.) "16 counties report the yield at 17 per cont leas; 1
at l'i per cenl less, and 1 same as last year."
HV n veraos the decrease for the S ate at 10 per cent.
Iioulalana. — iNi.w obleans Exchange.) "The yield, »•• compared with
For
i
—
—
lait year, is reported to be at least 25 per cent less."
yieb as compared with last ytar,
poiuts to a decrease of at least 25 per cent."
Texas.-(Qalvibtoh Exchange.)— "The
1
,
is
obtained:
Percentage
Yield In
1877-78.
525,0(0
and dec.
25p. c. dec.
815,000
13 p.
dec.
8T4,050
478,600
lOp.c. dec.
430,200
Yield in
Statb«.
North Carolina
South Carolina
Georgia
1876-77.
Florida
inc.
c.
Same
55,000
as last yr.
Alabama
5«>,000
6 p.
Mississippi
639,000
10 p.
Louisiana
578,000
25p.c.dec.
Texaa
Arkansas
Tennessee
735,000
25 p.
*90,000
Sp.c.icc.
80,000
10 p.
c.
c.
c.
dec.
dec
168,750
"j,00)
560.000
c. dee..
575,100
-
Inc..
433,500
551,250
019,500
341,000
dec.
4.008.S50
This gives us a crop, according to the opinion of the Cotton
make no account (for the
Exchanges, of 4,008,350 bales.
purposes of this compilation) of the changes in acreage from
lOp.
4.485,000
Total
c.
We
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
be seen by a reference to them.
—
Cotton Exchange Reports fob October. The following
Exchange reports for October, issued this week:
Norfolk Department.
are the Cotton
(H. S. Reynolds, Chairman Asa Biggs, nnd C.
Grandy, Committee on Infermation and Statistics) issnea the following
and the following Counties in North
Carolina- Rutherford. Lincoln, Catawba, Rowan, Davidson, Iredell, Burke,
Wilkes. Caldwell, Alexander, Davie, Foraythe, Yadkin, Stokes, Surrey,
Ri,ckin«haui, 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.
North Carolina and Virginia.—30 replies from 18 counties.
The Norfolk Cotton Exchange
;
W
report, covering the State of Virginia
All the replies report the weather in September as very rainy and stormy
to the injury of the plant. Considerable damage has been caused by the
some from rust and rot: very little, if any, injury caused
from worms. Picking has been very much retarded, being from 10 to 12 days
The yield this year will be on an average about 175 to 500
year.
behind last
pounds of lint colton to the acre. As compared with last year, the yield ig
few
to be about the same or perhaps a little b itter, whi'e the
con idered by a
majority of the replies report a decrease in the yield of from 25 to 40 per cent.
reecnt storms
;
Charleston Department
covers the State of South Carolina, and is prepared and issued by the
Charleston Cotton Exchange, through their Committee on Information and
Statistics, composed of Jas. S. Murdoch, Chairman, Robert D. Mure, J. W.
Lewis, L. J. Walker, J. Adger Smyth.
South Carolina.—83
replies
from 30 counties.
reported most of the month wet and stormy, retarding the
maturity of the top crop where it had not been destroyed by previous drouth.
little
or no damage by worms in upland cotton; but ruet, rot
been
There has
and storms have injured the crop very seriously, both in quantity and qna'.if-,
beating out cotton that was open, damaging the staple and making much,
fandy cotton. Picking is reported as making good progress by o0, who s.ate
backward by
that from a quarter to a half of the crop is gathered, and very
57 wet weather interfering. The estimates of the yield vary from 100 to iM
pounds of lint p r acre, thi average hcing 150 p uuds Nine report the yield
as more than last year, and 74 less from 5 to 60 per cent, the average of the
Stale being 13 per cent below last year.
The weather
is
Savannah Department.
fix
portions in quotations are taken from the reports
in
—
the following result
;
lowest, 50 average, 62.
Charleston, South Carolina.— During the earlier part of the
week we had a rainfall of one hundredth of an inch, but the
The thermometer has
latter part has been clear and pleasant.
ed 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. It,
give last year's figures (Oct. 12, 1870) for com
parison:
,-Oct. 13, '76.—
,-Oct. 11, '77.^
b'51
This report covers Northern, Middle, and Southwestern Georgia (being all of
Gcogia except the 28 counties in charge of the Augusta Cotton Exchange)
and the entire Slate of Florida. The report Is prepared and issued by the
Savannah Cotton Exchange, through their Committee on Information and staPhillips, J. J. Wilder
tistics, composed of J. II. Johnston, B. A. Hart, Clavius
and L. G. Young.
Georgia.— 93 replies from 55 counties :
remainder
In the early part of the month the weather was dry and warm,
the southwestrainy with heavy winds for three days— 18th, 19th and -JOth, in
sections
some
caused
in
« new
has
season
ern portion of the State. The wet
There
-rowth but it is too late tst any benefit to be derived therefrom the quailhas
injured
have
storms
y.
the
but
been little or no damage from worms,
out and deand portions of the colton open In the fields have been beaten
is very general.
this
and
rust,
from
is
stroyed. The principal complaint
decrea c a, comapp'ars that noTorrect or even approximate percentage of
pared with last year can be given in this report.
Florida.— 25 replies from 13 counties:
favorable. During the last 15 days
'i he first part of the month was dry and
ngp.c king ««•''»•
incessant rains ana hleh winds prevailed prevent
of th r_ open an 1
be. n beaten ont and destroyed, and" the quality
touko a
the plant """J"*
caused
oas
season
rainy
The
in the fields much Injured.
forward the »orai. snd in
second growth and tnrow oft the fruit, br iirht
in this MaU anda
Prospect
fine
a
w,s
there
.go
creased the ru t. A month
The damage now from
nuch larger yield than last year was looked for.20 per cent. * armers nnu
wonr b rti*t and storms is estimated at from 15 to storms commenced D ur n 2
made good progress in picking no to the date the of tho cotion open in me
the »et w.sther work was sn-pcuded, and much
either the yield
Hi* .limcult at this time to estimate
1 ..hUh-i? been lost
The season.^up o the
last year
p rt^o^to comWe It with 'the crop of tnanlMt yea
W* hia larger
MidV
middle of September were more favorable
i
ibis State will not fall
below that of
last year.
Mobile Department
* '™
mit ° f ' h
u
State of Alabama as far norths.
Jasper,
k
Wayne, Clarke,
Mountains, and the following counties in Mississippi:
covers the
«,,"
THE CHRONICLE.
362
Lauderdale, Newton, Kemper, Nesholso, Noxubee, Winston, Lowndes,
Oktibiba, Colfax, Monroe. Chicasaw, Itawamba, Lee, Pontotoc, Prentiss,
Alcorn and Tishamingo. The report ia prepared and issued by the Mobile
Cotton Exchange, through their Commiltee on Information and Statistics, composed of T. K. Irwin, chairman, Julius Buttucr, A. M. Willmarth, J
C. Bush and S. Haas.
Alabama.— 94 letters from 41 counties
The weather was favorable during the first half
of the month, but wet and
stormy during the last hilf, causing shedding and rotting of bolls, damage to
growth.
20
counties no percentage of
In
quality, and stimulating a second
damage is given, and in SI the average loss is about 10 per cent. Picking has
counties report fair
weather.
Some
been slow on account of inclement
progress. The yie'd per acre will average about 350 pounds of seed cot' on.
per
cent
less than hist year,
counties
at
15
The yield is estimated in 58 upland
and in 13 prairie or bottom land counties at 5 per cent more.
making
•f
3*
05
r-
O!
'-
o
CO
^*
-
tH
^H
iH
—
r4
1-t
~\
H
8 -O
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o
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a
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t-
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ii
i-;
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Lacombe.
O
Lonisiana.— 62
b
p
o
rH
H
average date of September 30,
P 8s
ft
4i
p*
cc
o 5
i
o
z
5
-'
©* B
a
CO
z
o
- in t-
V
«
-z
received from. thirty-two par'shes:
They report the weather during the past month as .universally unfavorable
from too much rain, causing the plants to shed its bob.-. 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 a5 per cent le-s.
Mississippi. Seventy-seven reports from 31 counties, dated
from September 27 to October 4:
-
z
z
»J
CO
0B
T-^
r-A
tH
o
a,
~
a
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e
-
CC
r>
z
o
-
o
r-(
lO
10
H*
:c
r-l
a
o 2
o
i q
q_ 9
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o a a na
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H ^
-.
3
-
o
o
6
5D
o
Orleans Department
replies, of the
-
ft
p
-
o c
5 z
s.
o
covers that part of the State of Mississippi not apportioned to the Memphis
and Mobile Cation 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 Cotton Exchange, through their Committee on
Information and Statistics, composed of Harrison Watts, Chairman, L. F.
Berje, E. F. Golsan, William A. Gwyn, Edward Morphy, R. C. Cammack,
L.
a
S
c
M
will average about 400 pounds seed cotton. In In 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, at the Eame as last year.
and
of giving the following table,
o
;
New
purpose
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 our readers for comparison. The table as we have it
extends back to 1869, but we only include here four years, as we
have not room for more:
—
Mississippi. 49 replies froni 18 counties.
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
for the
XXV.
We refer to the book
estimates of growing crops.
fall
now simply
[Vol.
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Too much rain is generally reported in the early pa-t of September. In the
month the weather was dry and more favorable to the p:ants.
Considerable damage is repoited in a large portion of the State from worms,
rust and storms, while in a few sectior.s no damage has been done. Picking
is progressing slowly, and the yiel d, in comparison with last year, will fall
short about 10 per cent.
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Except in a few sections wh^re there were heavy rain* in the early portion
of the month, the weather during September is reported favorable, and in
consequence the effect on the plant is good. Many complain of rust, shedding 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
with last year.
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covers (be State of Texas, and was prepared and issued by the Galveston Cotton
Exchange, through their Committee on Information and Statistics, composed
of John Focke, Chairman, J. M. King, H. I. Anderson, Charles Vidor and
H. Dreier.
n
o
Texas.—
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Nashville Department
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covers Middle Tennessee east of the Tennessee lllvcr, and the following
CountUs of Alabama .'—Lauderdale, Franklin, Colbert; Lawrence, Morgan,
Limestone, "Mad. son, Marshall, Jackson, DeKnlb and Cherokee. The report is
Prepared and issued by the Nashville Cotton Exchange, through their Commitee on Statistics and Information.
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Tennessee.—
ca
from middle Tennessee to the Nashville Department of the
Cotton Exchange, 26 rcoort very favorable effect of weather upon cotton, and
bolls opening finely; 25 damage by worms, and 3 by insi; 18 report picking
progressing slowly and 11 finely ; 23 report from 600 to 500 pounds per acre or
seed cotton ; and 13 report from 101) to 600 19 report a better yield than
last year ; 7 a ihird more, and 4 douijlc the yield of last year.
replies
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North Alabama.
Memphis Department
covers the State of Tennessee, west of the Tennessee River, and the following counties in Mississippi : Coahoma, Panola, Lafayette, Marshall,
De Soto, Tunica, Benton and Tippah, and the Stale of Arkansas north of the
Arkansas River. The report 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, Benj. BabS, Chas. G. Fisher
J. M. Fowlkes, David P. Hadden, A. G. Harris.
;
West Tennessee.— 47 replies.
North Mississippi.—51 replies.
Arkansas.— 54 replies.
fc
7.
of each State for each year
-Actual Total Yield by States and Yield Pek Ache for
a Series of Yeatss We propose to issue early in December a
—
book on cotton which
will contain such a collection and analysis
of facts with regard to past cultivation and consumption as will,
we think, make it invaluable to producers and dealers. Our
information on the subject of weather and growth will all be
new, and furnish, if not a safe guide, certainly a great help in
-
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M
9 % $ <
named, with
total
p
:-
'S
and per
acre,
also the actual acreage
Bombay Shipments. — According to
ouroable despatch received
bales shipped from Bombay to Great
have been
bales to the Continent while
Britain the paBt week, and
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
to-day, there
;
1877
1676
'1
X
i
3
1
planted.
Brltaln. tlnent.
average of general picking is September 23. It is estimated that the yield
will be 5 per cent greater than la'st jcar, it frost does not intervene.
he possible damage by frost is estimated as 8 per cut greater than last year. The
crop is generally biter than usual in ma urimr, but will be fully saved. The
corn crop is not so good as last yea-. The prospective increase on the acreags
of wheat, rye and grasses is It 1-3 per cent.
X
1
The foregoing gives the production, both
r-Shlpmenis tale week-,
Great
Con-
The majority report unfavorable weather, rains retarding the maturity of
the crops. The average dam ce by worm, ru-t and rot is 6 per cent. The
!
f
1
i
t
>3
= 3
s
S3
S
C9
3
> = S
J
5
;
Of 22 replies from North Alabama, 17 report the unfavorable effect of much
rain, retarding the opening of rhe bolls, and 5 report a fuvorable effect; 10
report no damage, and 12 serious damage by rust; II report picking progressing slowly, in consequence of the backward seasou ; 16 report from 300 to 50i)
pounds of seed cotton per acre, and 6 from 5(0 to GOO pounds;- 9 report the
yield not s» good as last year, 7 about the sani', 6 from 15 to 25 per cent more
than last year.
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Galveston Department
Th^ character of the weather and its effects on the crops since September
has been favorable in 51 counties and unfavorable in 7. There has heen no
additional damage to the crop by worms since the last iepor f
Picking is
progressing rapidly, showing that one-half of the crop has already been
licked.
The yield, as compared with last year's, points to a decrease of at
JeaBt 25 per cent.
CO
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Arkansas. Thirty six answers from 23 counties, of the average date of September 27
t
8,000
1875
Total.
...
2/00
2,000
2,000
.-Shipments since Jan.l—
Great
ConBritain,
376,000
P53.0O0
801,000
Total.
ttnent.
411.000
788,000
313,000
9*6,000
417.000 1,221.600
—
,
Receipts.Since
This
Jan.l.
wpek.
2.000 l.ono.ooa
6.000 l.Olli.OOO
3,CO0 1,213,000
the foregoing it would appear that, compared with last
been a decreass of 12,000 bale3 in the week's shipments from Bombay to Europe, and that the total movement
since January 1 shows a decrease in shipments of 133,000 bales,
compared witn the corresponding period of 1876.
From
year, there has
Gunny
—
Bags, Baggi g, &c. For bagging there has boon but
doing since our last report, and but few changes nro to be
The sales are in small parcels for present want?. There
noted.
are no round lots being taken that we hear of, and the general
asking price is still 12®12Jc. as to quality, though we bear that
Butts have been in moderate
parcels might be had a shade less.
and these
request, and we note sales of 1,000 bales, at 3£@3Jc.
figures are quoted by dealers at the close, with only a small
demand from manufacturers.
little
;
n
THE CHRONICLE.
18, 18T7.J
from New York, this weok, show a
week, the total reaching 9,421
Below we give our usual
bales, against 10,012 bales last week.
Ubl» showim; the exports of cotton from New York, and their
total exports
direction, for each of the last four weeks; also the
ami direction since Sept. 1, 1877; and in the last column the total
for the same ueriod of the previous year:
sports ol t ..it. .in bale. from New Yorfc alnce Sepl.l. 187T
Exports or Cotton
iTiiB
decrease, as compare.! with
Same
Will ENDING
XrOBTXD TO
Sept.
Oct
Oct.
86.
3.
10.
~9~110
2,963
1,101
Total
to
period
prev'ne
year.
date.
26.436
1,535
8,780
Other British Porta
Total to Gt. Brllalu
39,491
500
8,750
28,021
39,991
91
S71
(93
3,617
91
371
593
3,617
200
100
360
in»
1,600
9,110
2,968
1,101
Other French ports
i
.300
1.102
Spain.OportoJb Gibraltar Ac
5.002
389
900
5,462
2,8?9
1.195
10.212
2,966
3I.0J6
9,421
16,497
are the receipts of cotton at New York, Boston,
Philadelphia and Baltimore for the Dast week, and since Sept. 1','77:
Haw TORS.
This
week.
Sept.
1.
8,610
16,854
1,374
I..418
°,000
BR
3,154
16
l^MO
18,871
10.563
1,543
5,565
'356
2*217
L213
l',896
l^s's
"eoi
'836
L?44
a
1,8:«
825
90
5,681
2,557
a
98
196
Foreign
447
693
1,197
2,139
'568
'l62
!,111
ratal this year
15,139
56, SOO
4,434
11.378,
Total last year.
25,956
107,899
4,477
u.oaall
1.405
2.785;
8,600
5,412
sal
2,955!
2,598
6,126
Shipping Nkws.- -The « xports of c otton from the I Inited
retu rns, h ave re ached
States the p 1st woe k, as p er late st max
So fa r as tli< Soutl lern p orts ai e cone erned, these
10,807 bales,
.re the sam 5 expor ts repo •ted b; r telej 'raph, and p ublish ed in
Tub Citron icle la st Fridf iy. V 'ith re gard o Nei rr Yorl ;, we
uclude the manifests of all vessels cleared up to Wednesday
light of this week.
ToU1 bales
Jaw YonK—To Liverpool, per steam-re Algeria, 891
City of RichI
1
1
—
901.... Egypt, 1.511
Celtic. 1,418... .Wisconsin, 1,497.
1,841.... per sh'p James Foster, Jr., 683.
371
— Estimated
-To
Liverpool, per steamers lllyrian, 566
iLior.LruiA— lo Liverpool, per steamer Sicily,
Java, 116
1
in
our usual
lorn.,
follows
Ham-
iltimore...
iston
|illadclphla
525
681
Bremen,
burg.
371
2C0
ieo
....
....
....
Havre.
....
.
Vera
Cruz.
bale?
do
Sept
American actual
do
estimated
of
405,000
week
Total Import ot the
23,000
3,000
6,000
96,000
16,000
which American
Actual export
Amount afloat
of which
American
Oct.
28.
Oct. 12.
83,000
5.
77.000
10.000
18,000
5,000
7,000
535,000
73,000
11.000
45,000
7.0C0
9.030
593,000
118,000
307.000
353,000
24,000
5.000
7,000
77,000
14,000
estimated
do
@6
@8
These
sales are
9-16 ..@5 11-16.
11-16 ,.@6 13-16.
2.000
48,000
7.000
14,000
431,000
235,000
270.000
25,000
10,000
6.000
93,000
84,000
B,OO0
5,000
6,000
SS.Ono
10,000
.®6
.®6
on the basis of Uplands,
©6
11-16.
13-16.
Low
.©6
11-16.
13-16.
.@6« ..®6
9-16
.®6J£ ,.@6 11-16
Middling clause, unless other-
wise stated.
Saturday.
Oct.-Nov. shipm't, new crop, sail,6Xd,
Nov.-Dec. shipm't, new crop, sail,6Xd.
Jan.-Feb. shipment, new crop, sail,
Oct. delivery, 6J«;®i;-32&9-16d.
Nov. delivery, 6 l7-32a9-16d.
Oct.-Nov. del., 6X@17-32@9-16d.
Dec-Jan.
6^@17-32d.
delivery, 6>tfd.
1 l-32d.
new crop, sail
Jan.-Feb. delivery, 6
Sept. -Oct. shipments,
omitted, 6 9-16d.
Oct. delivery, 6 19-32d.
Jan.-Feb. delivery, 6)$d.
Oct. delivery. 6 9-16d
Dec-Jan. shipm't, new crop, sail,
6Xd
871
Oct. delivery, 6 21-32®Kd.
Nov. delivery. 6j£d.
Oct. delivery, 6 ll-16d.
Nov. delivery, 6 2l-32d.
Oct.-Nov. delivery, 6&d.
Nov.-Dec. delivery, 6j$@19-32d.
Dec-Jan. delivery, R 19-32®9-16d.
Dec Jan. delivery, 6 17-32d.
Nov -Dec. delivery, 6 9-16d.
Nov.-Dec. shipment, new crop,
Jan.- "eh. delivery, 6 9-16d.
Oct.-Nov. shipment, new crop, sail,
6 9-16d.
Nov.-Dec. shipment, new crop, sail,
6 9-16d.
Oct.-Nov. shipments, Orleans, Low
Slid, clause, sail, 6J£d.
delivery, 6 U-16©21-32®4<d.
Dec- Jan. delivery, 6#@19-32d.
Jan.-Feb. delivery, 6 9-16d.
Oct.-Nov.
shipments,
sail
omitted,
6 19-32d.
Nov.-Dec. shipment,
Dec. -Tan. shipment,
Jan.-Feb. shipment,
sail,
sail,
6Jid.
6J4d.
new
crop, sail,
6 17 321.
Nov.-Dec. delivery, 6
Dec-Ian. delivery, 6
19-32d.
9-16d.
Feb.-Mar. delivery, 6 i;-82d.
sail,
6%d.
Dec. -Jan. delivery, 64^d.
Oot
delivery, 6 23-32d.
Nov.-Dec. delivery, 6 21-32d.
Dec. -Jan. delivery, 6 19-32d.
Oct.-Nov. shipment, new crop, sail,
*
6x@19-32d.
Feb.-Mar. Bhipm't, newcrop.sail, 6Jid.
Oct.-Nov. shipm't, Orleans, Low Mi 1.
clau-e, sail omitted. 6 13-H;@25-32d.
Jan.-Feb. delivery. 6 15-32@7-16d.
Sept. -Oct. shipment, new crop, sail
omitted, 6 9-16d.
Oct.-Nov. shipment*, new crop, sail
omitted, 6 9-16d.
Oct.-Nov. shipm't newcrop.sail, 6Xd.
Nov.-Dec. shipment, new crop, sail,
Oct. deliveiy, 6 11-lSd.
Nov.-Dec. delivery, 6Jid.
Dec-Jan. dellvry, 6 9-16d.
Oct-Nov. shipment, sail, 6 9-16d.
Dec-Jan. shipment, sail, 6 17-32d.
103
178
all news received to date of disasters, &c, to
carrying cotton from United States ports
,:uiel, str. (Br.), at Liverpool, Sept. 27, from New Orleans, was in collision
','rosby Lightship, with the bark Try (Br.), from Newcastle, N.B.,
and hac" port bow smashed and rigging and rail on port side carried
away. The T. lost jibboom and head gear and Is said to be considerably
:
I
damaged.
aonolia, str. (1/0T tons), belonglne to the Savannah Steamship Company
ot Savannah, Dacgctt. nom Savannah, Sept. 27, with 929 bales upland
cotton, !i b .les Sea Island cotton and general merchandise,
for New
Tort, foundered off Cape Hattcras on the tO;h. Capt. Daggett, of str.
Magnolia, reports: left Savanmh at noon Sept. 27 for New York
28th
took heavy squalls from W.N.W.; Nth, wind N.K. moderate, at3 P m'
increasing and squally; aoth, 4 A.M., discovered vessel leaking;
started
pomps, but could not gain any; about 5 A.M. the fire-room fljor gave
w S y; . .,,
1 5 "' at » r
P " out 'he Arcs; then started a gang on each
'J
side
balling with buckets, the pumps being choked up, and
the water
gaining all the time; at 2 P. M. prepared lo abandon her. and at 6
P.M
all hands were on board the barkStralsund (Oer.), Oihlberg,
from lial'imore to Kl-iuore, and were transferred to pilot boat B.C. Kui'ht
which
arrived at Delaware Breakwater, 10:20 A. M„ Oct. 3. When
the
was abandoned, she had 12 feet of water In hold. The M. wass'teamer
a sde•
1
•
;
|
-learner of :,06< tons, built at New York in 1852, and for some
years employed in Messrs. Murray, Ferris
Co.'s line betwen this K
port
and Sav unab.
(of the Providence & Stonington Lino', from New York
for Providence, went ashore at Mofc'a Point, near Rocky
Point Long
Island, durint- a gale night of Oct. 4. The steamer struck
at 12 o'clock.
I art of her cargo was
thrown overboard in order to lighten her etifflccm y to get her off, bu-. without success. She has a sharp rock beneath
her bow and another about amldship. Wrecke s have
charge of her.
1) urther examination or the hull by divers
indie lies that the damage is
serious.
There are many breaks in her bottom. The wreckers are
endeavoring to pump her out.
sail,
Oct. delivery, Ktfd.
Dec. -Jan. delivery, 6 13-Std.
Jan.-Feb. delivery, 6 13-32d.
Oct-Nov. shipment, n.w crop, sail,
6 13-32d.
Dec-Jan. shipment, new crop,
sail,
6 13 32d.
Jan.-Feb. shipment,
new
crop, sail,
S 13-32d.
Nov.-Dec. delivery, 6 15-32d.
new
crop, sail,
Jan -Feb.
Feb.-Mar. shipment,
new
crop, sail,
Dec-Jan. delivery,
delivery, 6J*d.
6 7-16d.
6J|d.
Nov.-Dec. delivery.
Oct shipm. nts.now crop.sall, 6
Thursday.
„ ..,,
10,807
Below we give
Nov.-Dec. delivery. 6 !7-32@^d.
Nov.-Dec. shipm't, new crop,
6 7-18®13-32d.
shipment,
6«d.
..
resets
shipment,
Nov.-Dec. delivery, 6 21-3J@ll-16d.
Nov.-Dec
Jan.-Feb,
2C0
sail,
6 17-32d.
Dec. -Jan.
Tuesday.
Oct.-Nov. delivery, 6 ll-16d.
6 17-32<1.
9.653
P.M.— By Cablr from Livbr-
S3.000
3.000
43,000
5.000
11.000
690,000
Forwarded
Sales American
of which exporters took
of which speculators took
6 18-32d.
178
1
Total
'
%
X
%
Wednesdat,
10,80i
8,750
%
Sept. 21.
Sa'esof the weok
Oct. delivery, 6 17-3!d.
The particulars of these shipments, arranged
Liverpool.
comp.
comp.
comp.
comp.
comp.
comp.
;;
sales of the day were 8,000 bales, of which
Of to-day's sales
1.000 bales were for export and speculation.
5,400 bales were American. The weekly movement is given as
follows
POOL.
Nov. deivery, 6 »16d.
Oct.-Nov. delivery, 6 19-32®9-163Vd.
Nov.-Dec delivery, 6 9-ie@l"-K2@L>d.
Dec. -Jan. delivery, 6X@l»-32@7-16d.
Total
lew York
ew Orleans
— Hambarg.-t
Oct.-Nov. delivery, 6 ll-16d.
Hamburg, per steamer Herder. 100.
ew Orleans— To Vera Cruz, per fchooner Anita, 178.
altimoue— To Liverpool, per steamer Mayaguez, 525
I
%
%
H
comp.
comp.
comp.
comp.
comp.
comp.
Oct-No/. delivery. 6 81-321.
Nov. delivery, 6 ll-16d.
.
.
To Havre, per steamer Ameriqac,
To Bremen, per ship Zouave, Z00
•
%
,
c.
Monday.
"is
mond,
%
Nov.-Dec. delivery, 6V4®17-32d.
This Since This Since
week. Septl. week. Septl
This Since
week. Septl.
Since
3,982
BALTIMORE.
PHILiDELT'lA
BOSTOSJ.
Mobile
8'th Carolina
N'th Carolina.
Virginia
North'rn Port*
Tennessee, Ac
X
.',
Liverpool, October 13—4:30
Mid. TJpl'ds
Mid. Orl'ns
Futures.
dee
The following
Orleans..
X
X
Wedn'daj. 5-ltt®Thursday.. 5-16®—
5-16®—
Friday
Market qniet
%
Bremen.--,
Steam.
The following table will show the dally closing prices of cotton for the week:
Thnrs,
Frt.
Tnes.
Wednes.
Satnr.
Mon.
S/-ct.
....
Grand Total
New
"
5-l6a-
..
,
c
e.
comp.
comp.
comp.
comp.
comp.
comp.
ii
ii
Monday.
Tuesday.
Havre. —
—Steam,
Ball.
d.
S-16»—
Saturday
, ,
Sall.
d.
of which
1*102
Europe.
Total Spain,
-Liverpool.
St, am.
Total stock, actual
Bremen and Hanover
Total to N
Cotton freights the past week have been as lollows
last
>
368
Oct. delivery, 6 9-16d.
Nov. delivery, 6 9-18d.
Oct.-Nov. delivery, 6 17-32@6 15-32d.
5-3237-16®
Nov.-Dec. delivery,
l)-32d.
Dec-Jan. dellvery,6 13-32®Ji@ll-31d.
Jan.-Feb. delivery, 6Xd.
Oct.-Nov. shipment, sail. 6 13-32 1.
6X©
Nov.-Dec shipment,
Dec. -Jan. shipment,
1
sail, 6
13-32®Xd.
13-320.
•Tan.-Feb. shipment, sail, 6Xd.
Oct -Nov. shipment. Orleans, low n?ld
clause, sail, 6 81-32 1.
delivery, 6 7-16d.
Oct-Nov.
.
Nov.-Dec. de'lvcry, 6«d.
Oct.-Nov. shipm't, new crop. saI1.6,Vd.
Nov.-Dec. delivery, b 13-32<S7-16d.
Dec-Jan.
Dec-Jan.
delivery, 6 13-32d.
delivery, 6Xd.
sail, 6?;d.
Friday.
Jan.-Feb. shipment, new crop,
Nov. delivery, 6?4'@11-S2d.
6 11 32J.
delivery,
6
13-3S@J,'@ll-82d
Oct-Nov.
Nov.-Dec. delivery,
6X®U-3«<T
Dec-Ian. delivery, S j-lt,@l l-32d.
Jan.-Feb. delivery. 6Ji®l'-32a5-16d.
Nov.-Dec. shipment, new crop, sail,
6 ll-3135-16d.
Dec-Jan. shipment, new
crop, sail,
_.
sail,
Dec. -Jan. delivery, 6 5-lCd.
Nov. delivery. 6 5
16d.
Oct.-Nov. delivery, 6 5-lod.
Nov.-Dec delivery, 6 9-32d.
Jan.-Feb delivery, «*d.
Nov.-Dec. shipments, new crop,
i
S 9-32d.
6 5-16d.
Oct.-Nov. delivery, 6,\'®ll-3:d.
BRE ADSTUFFS.M„
&
Friday.
P.
Oct. 1». 18TJ.
,
i
market Opened the week stronger, with a better and
was
general demand, and part of the decline noted in our last
recovered. The improvement was, however, due more to the
higher markets for wheat, and the consequent making up of
prices by holders, than from any urgency of demand or deficiency
The
flour
THE CHR0N1CLK.
364
[Vol XXV.
The Visible Supply of Urain, comprising the stocks id
granary at the principal points of accumulation at lake and
seaboard ports, and in transit on the Lakes, the New York canahj
and by rail, Oct. 6, 1877, was as follows
Production is very large all over the country, but
the poorer qualities are not over plenty. Rye flour and corn meal
have latterly been dull. To-day, the market was quiet in some
in supplies.
;
:
cases prices were cheaper.
Wheat,
The wheat market opened buoyant and
was a
there
bu»n.
partial
tn store at New York
In 6tore at Albany.
In store at Buffalo
tn store at Chicago
[u store at Milwaukee
In store at Duluth*
In store at Toledo
In store at Detroit
[nstore at Oswego*.
In store at St. Louis
In store at Boston
In store at Toronto
In store at Montreal
In store at Philadelphia
In store at Peoria
In si ore at Indianapolis
In store at Kansas City
In store at Baltimore
Rail shipments, week
"corner" on prompt deliveries: No. 2 red winter advanced to
$1 53 and No. 2 Milwaukee to $1 39, with much excitement, but
a decline soon set in, and yesterday No. 2 red winter sold at
for future
$1 45 and No. 2 Milwaukee at $1 37. The speculation
Western
delivery has been comparatively slow. Receipts at the
markets continue excessively large, and supplies begin to accumulate on the seaboard. To-day, there was no essential change;
spring at $1 33
Bales of No. 2 red at $1 474 f°r October.and No. 2
33J for November.
Indian corn has been more firmly held, but an advance early in
but modthe week was not fully supported. The demand has been
the
relative
reduced
by
consumption
home
is
especially
erate, and
cheapness ol oats; but receipts at the West are much smaller
@1
and 37c
Superfine State
ern
Sxtra State, &c
ORAIS.
Wheat-No.3spring,bueb
Wheat
$1 27$
I
5
10® 5 60
5
803
|
6 10
Western Spring Wheal
extras
doXXandXXX
dowinterX and XX..
do Minnesota patents..
City shipping extras.. ..
City trade and family
brands
Southern bakers' and family Drands
Southern shipp'g extras..
5 90S 6 20
6 25c; 7 75
6 (0® 7 75
7 25a 9 25
5 83© 6 65
7 75
85&
253
253
superfine
Eye flour,
Oornmeai- Western, Ac. 2 703
3
353
&c.
wine.
Corn meal— Br'
8 00
7
]
I
j
6 75
4 65
3 10
3 40
No.
spring
1
S.va 1 8
89$ 1 41
Red Winter
1
4f':S
1
Amber do
1
40X
473
1 50
1
I
1
i
|
|
68^
Oats— Mixed
32
For the
Since
Jan. 1.
S,2M.165
week.
State, 2-rowed
Slate, 4-rowed
Barley Malt— State
70S
783
.
K)fft
Same
48
75
60
to
'.I.'.
73
6>Ji
ox-*
...
Canadian .......
Peas-Canada.bond&free
85*
market has been as
8>
Bt
18
111
fol
EXPORTS PROM NEW YORK
„
,
1877.
time
For the
1876.
week.
.
1876
.
For the
Since
Jan. 1.
9«,320
week.
Since
Jan. 1.
35,570 1,484,805
45,616
114,914
2,093
169,903
4,023
962,565 10,397,631 288,065 19,635,6i;8
801,379 19,931.141 610,469 13,787,141
784,121
129,248 1,632,309
9,185
..
803,168
459,618
1,623
152,955
2,711
.
tables show the Grain in sight
of Breadstuff's to the latest mall dates
The following
and the move-
RECEIPTS AT LAKE AND RIVER PORTS FOR THK WEEK ENDING
OCT. 6. 1877, AND FROM JAN. 1 TO OCTOBER 6.
AtChicago...
.
Milwaukee
Toledo
Detroit
Cleveland
StLouis
Peoria
Total
Prevlousweek
Corresp'ngweek.'TO.
HO.OHO
Flour,
Wheat,
bbls.
bush.
Corn,
bush.
Osts,
bush.
Barley,
bush.
Rye.
bust).
(48 lbs.) (56 lbs).
(56 lbs.)
(196 lbs.) (60 lbs.)
44,035 1.279,430 1,141.341
31.550
58,1.7 1,478,161
235,506
277,352
1,870
287,432
1,997
12.877
10,150
10,133
1.568
203,773
177,826
33,950
105,403
16,000
2,010
(32 lbs.)
520,819
66,870
48,224
25,577
33.450
144.767
161,703
266,952
173,220
25,700
7,955
16,400
1,732,720
1,365,718
2,684,828
784,922
969,937
1,167,888
672,036
954.807
529,337
499,706
5S3.223
637,667
107,485
122.006
123,838
71,358
65,120,841
62,353,139
38,507,754
49,000,156
18,608,627
19,092,698
18,033.725
21,468,328
5,216,862
4,418,003
2,990,714
3,613,066
4,267,088
1,649,304
2,178,398
1,150,800
,5 1 7
i' ?
147,851
130,566
3,312,633
3 S22.303
.3 310.393
1875
1874.' ."...4,5)0,060
31,533,355
37,133,678
45.307,563
60,306,676
...
2,775
1,200
59.5M
64, 28
1.682
75.000
1C0.195
20,486
109,913
4,043
10,300
59,632
15,000>
12,768
2.170
121
130.184
21,325
11,397
11,063
63,077
2,788
16,41?
396,369
678,120
576,442
158,648
138,741
1,369,554
10,150,753 11,363,559
8.488.949 1 1,238,848
7.502.1 8 10.853.174
6.3.2.205 11,084.248
9,315,655 9,707,959
4,882,668
8.601,9iS
3,368,986
2,180,931
2,810,047
2,114,639
1,489.858
993,851
744,639
l,970,i6i
2,361
13,584
9I.3S1
lit, 4*8
60?, 165
162.503
1, 925,337
12,173
4j:;,465
9,sn
97,197
119,Si«
624,588
579,410
697.695
5^6,1106
711,82*
FainAY. P. M.. Oct 12, 1877.
features of special interest the
continued light wilh the package
week, and business
houses in nearly all departments. There was, however, a steady
hand-to mouth demand for seasonable goods, and personal selections, coupled with orders from the interior, were so frequent, that
a fair aggregate distribution was effected. The local jobbing
79
«6
43
3.
35^
2,913,316
90.213
144.927
179,257
3,410
Wheat, bus.1,051,070 10,071,103 19,531,761
"
19,858.212
27,223.415
646,708
.
Corn.
" . 77,664 1,276.974
905,699
Rye
316,420 3,108,438 2,826,576
Barley
471,561 8,361,759 9,C81,423
Oats..,
Flour, bbls.
C. meal, "
205,479
843,037
187,872
2.060
878,520
500, TOO
97,635
94,008
149.0)6
107.032
22,000
89.357
238,522
28,526
54,100
38,241
104.353
29,223
The market has presented few
.<*
White...............
Barley— Canada West...
SEW TORS.
-187:
1
"a
5:@
in breadstuff s at this
RECEIPTS AT
1
Yellow Western
:
,
1
Southern, yellow
Rye.........
I
I
6
6
4
1
White
Corn-Wesfn mixed, new
I
002
The movement
174.41
69,046
59,000
51,653
597,104
234,769
THE DaY OOOD3 TRADE.
1
No.2spring
er l.'obo
;o,558
133,356
past
50
1,273 5
55,b42
Barley,
bush.
bush.
Oats,
bu*h.
881.328
ii.OCO
224,674
389,117
55,966
* Estimated.
are the closing quotations:
Wbbl.j3 253i4
West
&
W.ucO
782,31)
HU.OIO
3f>.926
....
2,915,828
150,n0i)
3)1,397
1!'7.K8
4,396.196
wee*
York canals ... 1,640,137
Sept. 23, 1877
Sept. 2?, 1877
Sept. 15. 1877
Oct. 7.1876
No. 2 closing at 34ic for mixed
KLona.
•jjo.j
ment
New
for white.
The following
lows
do
Afloat in
2.2(10
595,085
730.235
882,598
55.000
327.00J
347.9:5
Total
than last year, and sales for^the future are at or above spot prices.
mixed on
To-day, the market was steadier at 59}@59ic. for prime
the spot and 60i@60ic. for November.
Rye has declined, and No. 2 Western sold yesterday at 70c, and
active,
to-day prime State sold at 78c. Barley has been more
at
Canada
West
87c,
No.
of
2
sales
largo
notably
there being
and to-day No. 1 Canada sold at 95c. Oats have been moderately
active at about steady prices,
Lake
288. i,98
Corn,
bush.
-
14,9*0
3.52)
400
trade
was rather
quiet,
and reports from the Southwest and West
were less favorable, owing to the continuance of warm weather,
which has to some extent checked the consumptive demand for
"Values of both domestic and foreigD
fall and winter goods.
goods were fairly maintained, and the print cloth market had a
firmer undertone because of a slight advance in the staple.
Collections are reported satisfactory in nearly all part* of the
country, but there were disquieting rumors from San Francisco,
where the failure of a large clothing house was reported.
Domestic Cotton Goods.— The exports of cotton goods from
unusually light,
this port, for the week ending October 9, were
amounting to only 325 packages, of which 113 packages were
shipped to Mexico, 102 to Venezuela, 38 to British West Indies,
Large quantities of drills, &c, are, however, ready for shipwill be on
to China, and the exports of the next few weeks
i>f cotton
Prices
reported.
lately
than
scale
a much more liberal
goods ruled steady, with the exception of bleached shirting*,
casei.
which, being in excessive supply, were weak in some
but
Four-yard brown Bheetings are closely sold up and firm,
&c.
ment
Low
heavy standard sheetings were only in limited request.
a steady
grade cotton flannels were fairly active, and there was
dull
hand-to-mouth demand for colored cottons. Prints continued
Print dolls
quantities.
in first hands, but were jobbed in fair
last week's
were in moderate demand at a slight advance upon
Extra 64x04 spot cloths closed at 3 ll-10c, cash,
declined, for conand that nrice was offered, and in some cases
goods were la
dress
cotton
and
Ginghams
tracts to 'January.
quotations.
steady request and firm.
Domestic Woolen Goods.— Men's- wear woolens were
jobbers
demand by the clothing trade, and cloth and dry goods
in light
paused
in their operations,
because of the continued
warm
weather
Low-grade cotton warp and all-wool cassimere*
the finer
SaSetime
in moderate request and steady, but
were
and suitings
Retime
t
manifested
was
disposition
slowly, and some
SHIPMENTS OF FLOUR AND GRAIN FROM WESTERN LAKE AND qualities moved
continued quiet, but
beavers
Faced
ENDED
OCT.
lots.
WEEK
1877.
THE
6,
large
FOR
on
prices
PORTS
RIVER
shade
Rye.
distributed to a fair
Oats,
Barley,
Corn,
Wheat,
Flour,
Elysians and fancy overcoatings were
bush.
bush.
bush.
bush.
bush.
bbls.
deliveries on account of orders oi
and
sales
of
85,439
223,348
means
117,196
845.931
1.
8.569.950
by
amount
H5.029
....
Oct. 6, 1877
59,392
848.633
291,515
164.937 2,25«,235 1,638,953
active, but leading
Sept. 29, 1877
hand Worsted coatings were less generally
81.820
176,639
394,891
159,518 1,551,249 2,452,633
Cor. week '76
repellents were
188,189
69,739
866,062
145.1.20
1,999.384 l,C6J,c84
are closely sold up to receipts. Fancy
Cor.week'75
make's
14 ',153
17,376
915,930
537,415
119,967 2 704,792
ruled quiet, and there was little
Cor. week '74
makes
plain
but
active
fairlv
318,650
63.677
622,9:0
147.628 2,599.162 1,838,781
Cor. week '78
Flannel,.w«eUk«
33,675
464,151
725,001
inimation in Kentucky jeans or satinets.
158,963 1,919,004 1,445,921
Cor.week'72
amount, but blankets movea
moderate
to
a
parcels
Bmall
THB
FOR
in
SEABOARD
PORTS
BBCBIPTfl OF FLOUR AND GRAIN AT
slowlv and dress goods were less active.
WEEK ENDED OCT. 6, 1877.
movement «
Foreign DRY GOODS-There was a sluggish
Oats,
Baney, Eye,
Corn,
Flour, Wheat,
goods from importers hands,
hush. hush.
all descriptions of foreign
bush.
bush.
nearly
oufh.
bbls.
At—
moved slowly and there
81,928
267.510
840,510
739.118
965.703
92,918
New York
and the jobbing trade was quiet. Silks
were well sub30,000
197,665
61,468
120.400
61,734
Boston
in dress goods, but prices
animation
little
was
1,200
5,500
were_dul
1.530
Portland
goods remained quiet and white goods
Linen
20,319
8,680
Tained.
1,704
90.909
783,115
33,943
Men*
M»ntreal
6.
Same time 1876
..
.
that prevailed.
.
.
Philadelphia
Baltimore
New Orleans
60.220
18,722
4,548
6S9.700
3f 0,200
2,8"6
653.810
161,300
8,682
164,900
18,000
16,356
Total
263,635
223.511
857,510
2,911,921
2.951,780
1,075,090
1,7(0,777
1,883.2:2
2,010,638
740,315
7*3,169
656,414
Prevlousweek
Cor.
week '76
'.'.'.'.
301,190
142.206
218,473
embroideries continued in steady request
* ta
d
de
wear woolens were in strictly moderate
w ere
"f
e,T
»k»'7
Millinery
cloths were inactive.
wh«
buyers
buvers wu
!V..£
ready
found
and
hands,
first
request at
fair req
in tair
request.
Hosiery and gloves were in light
offered at auction
but
a'.obb
104,277
92.10)
61,565
Hamburg
*"
.
OCTonK.n
THE CHRONICLK
13, 1877.J
ImporUlloni or Drr
4Joo«ls.
ot
:
HTIUIU
rOB CONKITMl-TtON FOR THI Will »NI>IH8 OCT.
1875
,
do
do
Sax
ncellaueous dry goods
X
f859,28«
219.290
649
717
684
Silk
8«fl
$8*0.680
636
171.483
415.911
140,789
110,813
4hH,|.|)
rill
171.4)8
173.188
669
665
11, 18"7.
187?
,
,
653
S15
478
$183,053
1,713
S75
161.678
U4.08I
8,649
$828,785
140,849
243.1110
Withdrawn raoM wibihodii and thrown into tub mahkbt ddrins tos
BAHB PIRIOD.
Manufactures of wool....
cotton..
do
Bilk
do
do
$11!. MM
i.4.i :w
171,881
101.817
39,143
649
•..•!!
138
614
373
flax
Miscellaneous dry goods.
1.795
Total
Add ent'd for consumpt'n 3,959
thrown upon
ITotal
1,439,620
ra'k't. 5.754 $2,051,015
intibsd
roil
flax
4.53
Miscellaneous dry goods.
334
Total
168
46.871
63,114
64,589
27,973
88
878
3:3
415
90)
(161.131
C0.949
107
160
97.131
76.487
33,665
1,395
$.619
(411,359
818,785
508
(353.316
1.115
3,391
l,189,lH:i
4.506(1.542,501
£-5
I)
148
88
5C9
35
(177.403
1,189,186
port. 5,310 (1,917.023
4.3S9
(1,553,256
,
ft
:
i
:SI 3 S
< ~ G
O^
Becosa
$131,132
.rt
1,163
3,619
:
t-„
*•
•O'CrfOrt
-
»jei,
H3Nr.w
|
«
win
:
.
»)
t «3 4. - o ».
O'SiJ
•
t.
S r- s
--•
x
«$
•
.
:8SS?SSS£SSS
:
t-'
««
•«:*«
8
—
»
-'
•*
IIs"l
teoo
oXf-sio-*t« «k;co*"*m»
«r'^22--«iw-rt-ArJuOrf:'5t
«0"0
m~~ tt N C5 =3 "1 IT — o
.
46,93'J
~
1-4
95,789
59,566
25,731
.100
(304.070
1.419,620
^ c" " •N»i-rtro*5
— a.,2
Ji
384
185
69
317
183
12,581
* 6
s
2"
s'-'
ISg'S
5,044(1,250,144
(111,715
55.619
99,603
81,339
353
$159,46!
60.361
S8.511
119,520
39,521
1.098
3,2)1
1,351
Avdd ent'd for consumer, 3,959
Total entered at the
»170.761
1* SSSSSSS^Sggl^SSSgS^^S^SS^isSffiSS^gia s
wabshodsihs dcrins same period.
Xinufactnres of wool.... 370
cotton.. 305
do
89
silk
do
do
$611,393
419
all the principal foreign countries, since Jan.
1, 1877, the
totals for the last week, and also the totals since Jan.
1, 1877
and 1870. The last two lines show total taluet, including
the
value of all other articles besides those mentioned in the table
to
Valne.
Pkes.
$,3)1(1.189,186
3,969 $1,439,6.0
Total
.
Valne.
Pkes.
Pkgs. Value.
alvunractures of wool... 1016
cotton., ills
do
1876
.
,
or
L «»*'"«»«i«lMir»m New lurl.
V OItable,
the ^*if
following
compiled from Custom House retains,
shows the exports of leading articles from the portof New York
•ni
dry (roods at this port for the week ending
Oct. 11, 1877, and for the corresponding weeks of 1876 and
1875, have been as follows
The importations
8«o
(357,204
818,785
:3-
IH? :g
Is
i'S
:1
:~'-\
n
Import* of
4,812(1,185,969
IieadintC Articles.
•
O .» '- L-
2 01 vh qo
o eo
3 §?
tf•
'<£ £**
•
i^ vy
•
The following table, compiled from Custom House returns,
Shows the foreign imports of leading articles at this port since
January
1,
1877,
[The quantity
and for the same period in 1878:
given In pacia?es when not otherwise
SR
3,071
81. 448
.
311.793
23 217
6,387
5.280
54.686
19.430
Buttons
Coal, tons
Cocoa bags
1,423,30.!
Drugs, &c—
Bark, Peruvian..
Blea. powder-...
Hardware
14,216
,
13,211
Lead, pigs
323,571
Steel
27,831
7,145
4,244
Tinslabs.lbs...
44,419 Paper Stock
31.096 (Sugar, hhds, tcs. &
bbls
1,068,016
1
533
99,921
763,206
38,519
803,961
8,128,669
151,105
7* ^h r-
.
•
%n
«5 tp da
o
46,214
710
437
Tea
wjomcOi..cc^
,
« *t so —
5S
at— <?»
111,833
663773
S6.517
21.245
4,069
Sugar, bxs &bags.
•
5 .go—
arf
483,384
2,316,240
...
12.394
31.931
3,950
-a to
•— jo no 1- ^-TorJ arj'io"
fl2'
6,7.18,318
Tobacco
Waste
Wines, &c—
$86
Champagne.bkt'.
1,1)62
r-o
Sjo-. -*o
3,150
687
65.342
821,061
42,066
703,317
521.021
1.579,637
710,817
42,496
8,873
oos^^a
ryt
&c—
Metals,
11,419
Earthenware.
n
ao>?>xic
China, Qlaes and
;c
il-T.-1
:?>
Since
Same
Jan. 1,'77 time 1876
Same
Since
Jan. 1,'iT *.ime 1B76
ft
•
:S
specified.]
la
5
"
~">r»ni-o
•55
»*r-c^
©"©»
'»
*
>T-«
.0*0
>Dirt
1
•vv*
?£««
-Oi
100
-^4
1
Cream
Tartar...
59.373
Gum, Arabic
3.901
Indigo
If adder
8.990
1.0S6
33,164
Oil, Olive
Opium
Hemp,
Hides,
value
2V2U Fancy goods..
bales
1.344
107.3S9
2,192
103,595
1.345
4.S95
40,089
1.353
3.S76
31,S0*
563
1,331
Pepper
2.188
2,175
449
469,697
93,388
SVoods—
Cork
India rubber
Jvory
Jewelry
.... ....
Watches
S&>
Linseed
Molasses
378,373
83,673
915.220
51.985
671.826
309,265
....
40,379 Fish
4!. 422 Fruits,
3,319
4,770
Oranges
35,7i0
(
1,102,190
33,322
,
8 .S,527
321,102
Ac-
1,277
Ac-
Bristles
Hides, dressed..
76,731
100,5:14
(
cloth
Hiir
65,24'
103.822
23,601
Articles reported by
18.757
50.715
46,87 9
4,211
4,916
4,716
sal
,
furs
Gunny
Wines
970 Corks
988
Soda, bi-carb. ...
Soda
28.636
4.013
2,698
1.032
31,901
Nuts
Raisins
Hides, undressed..
Kice
858.66?
1,202,332
637,019
731.791
9,277,304
219.735
902.801
1,206.578
561,091
944.110
5.801,917
159,816
80.105
105,128
419,169
342,199
181.736
116,120
313.609
113,327
4c—
Spices,
Cassia..
Ginger.
Fustic
Logwood
856,978
830.5H
35.861
71,671
531,661
37.124
463,818
39,641
Receipts or Domestic Produce.
"
4
c
K
1
<ia
I!
t
of domestic produce sinca January
have been as follows:
Since
Same
Jan. 1,'77 lime 1H7..
Ashes
pkgi
5,654
Pitch..
4,610
Oil cake
2,281,165 2.913,316 0;i, lard
Wheat
bush K',u?l,103 19.581,761 iVan.it"
Corn
t7.M8.44!) 1 9.858,2 12 Provisions
"
Oats
8,360,751 9,033,41a
Butter
"
Bye
1.2 70.974
903. 69u
Cheese
Barley&malt "
8,108,438 2,b2B,576
Cutmeats
Grass seed.. .bags
107.8e0
94,718
Eggs.
.bbls.
Hemp
bales.
**
59,66(1
7 i.4fl8
317,562
832,664
i7!i.i:,:
144.931
430,890
547,065
Hop*
bales.
5,964
2,697,195
49,136
Lea' her
sides.
3,335,04.
yu
lasses
hhd>.
456
Mi
las-.es
bbls.
68,691
Naval StoresCrude turp.. bbls.
Spirits turp "
'•
Hosin
"
Tar
2,758
64,556
Hides
pkgs
bbls.
Beans
bbls
Peas
bufh
Corn meal., bbls
Cotton
1877,
Since
Jan. 1,7'
Br^adstuffs
Flour
1,
and
for
No.
311,6!!-
!9,97£
2,19
bbls
bags
pkgs.
"
"
..
"
Pork
Beef
Lard
"
"
"
.Lard
kegs.
Rico..
..pk*j.,.
Starch..
47,689, Steariue.
3,003,1.18
3,091,318
..,
'.'.'.bbls
369 Sugar...
...hhds.
...pkgs.
40,178
2,
Sugar
MO
Tallow
Tobacco.
Tobacco
...
hhds
60,609 Whiskey ...bbls.
805,070 IW00I
bales.
15, S*. 'Dressed hogs
No.
.
.
8.186
243.240
15,068
80,139
986,814
1,769,129
761,382
395.498
110.935
29,590
311,.
33.150
27,417
279,8)5
ls.ari
716
12,616
53,914
Same
•4T^CO |
Wv-4•
•
«
.4- SO
.^9>l
•
•
-
2
•ocg
•
»n m -n
'Km-*
W3»
- eo "? (^
•
:§3 :S2a
n -^
•
»-**
OS4
I
i
it
i
!
:§.
;|2
;
.§
j
i
00
:S
•
r-jr
04)O
•
.
«c*
.t-
Si
»St-
sa rf
«
aj -j5
!OWO
m o»
.
s^>
rf
!o3»i-i
-tco
-OJ^if)
CD S
_
£ -^5
•
."O -3*
*
•
'2-'l>'*HK5««_,iHrtiOOlO
'
g
g"-"M
.od» ;"°.
'*2
•
.
«-- <
,
«*S
"
ef-sgs
1
fs'sa's'sf
if
S3
83
•
3,091
853,769
7,746
46,460
is'a-
961,243
1,636,401
387,851
458.731
126.6 1 i
71,807
260.367
16,299
29,875
384.903
18,235
421
8,784
47,953
v.&.m
83.178
106,014
101,156
63,. 91
(5.541
83.481
61,203
:SSSS
:g
:lme 1876
165.73.;
1 8.100
•
ft! is
1
in 1876,
.OiOVOO
to — aj jit'
•
G0«0
•-.CI-
The receipts
the same time
i
I
:.3l
ii
If:!
:a
.129 $8.1 o
s
y*=aima=^
3— <
»
= —
111
< =—
-?S.3t«*
c»s
^ =
SijoaasaJii'Sc'
i*.
(*
-
THE CHRONICLE.
366
UENER1L
PRICES CURRENT
ASHKR-
*
Pot, Crat acrt
Philadelphia
V
£fme— Rockland, common... .*
Rockland. tlnUhlng
Lumber— Pine.g'dto
ex.dry.*
bbl.
80
M It.
45 00
* M.
It.
a
a
a
a
a
a
a
a
a
....
3i 00
Hemlock
plankr, each
boards, each
Maple
* M. ft.
Sails— '.oa60d.crm.ren.* Bb.* keg
SO 0U
22
16
30 00
Clinch, IX to 3ln.*longer
4 25
Catsptkes.allsizes
5
2
*ll.
State factory, fair to choice
Western factory, good to prime.. "
Llverpoolgae cannel
Liverpool house cannel
O
835
u
* W.
n 4
Mr.. 3 1;:.
0.(0.3 15
I
OJFFKE-
Klo, ord.car.60and90days.gld.Va
gold. ••
do
do fair,
gold. "
do
do good,
gold. "
do prime, do
gold. "
Java, mats
•'
gold
NatlveOeylon
gold. "
Mexican
gold, "
Jamaica
gold. "
Maracalbo
"
gold
Lagnayra
gold. "
St. Domingo
gold, "
Savantlla
Costa Rica
gold. "
COPPER-
a
16V
—
mva
18*
16
..a
.
UX
20
26
a
:a
li.XS
21
IPX®
liH*
20
19X
19s
n a
13H»
w a
wxa
id
20
21
n a
Sheathing, new (over
Braziers' (over 1 6 oz.)
30
2S
10
12 oz)
American Ingot. Lake
COTTON— See special report.
DROSS & DYES—
Alum, lump. Am
l'X»
*
Camphor
'
refined
22
3(1
.
&
3*
m
ISO
H
10
11
'
gold.
Catch
cur.
1
Glycerine, American pare
'*
Jalap
'*
Licorice paste, Calabria
M
Licorice paste, Sicily
licorice paste, Spanish, solid., .gold
6>4
15
1
a
a
a
a
2C
21
40
25
26
*•
Madder, Dutch
Madder, French. E.X.F.F
8*
5xa
"
Olnseng
32"
so"
21
a
cur.
NutgallB.blne Meppo
•'
OH vltriol(66 Brimstone)
(In bond), gold.
Opium, Turkey
a
a
a
5
ik
2 00
4 00
3
u
4
I*X
Prussiate potash, yellow, Am.. cur.
a 24
gold.
Quicksilver
52X3
...
cur.
Quinine
.a 3 46"
"
50 a 1 50
Rhubarb, China, good to pr
Balsoda, Newcastle..* 100 ft, gold 1 25 a 1 30
21
Shell Lac, 2d* 1st English. * 8. .car.
a 25
* 100 ft. gold 175 1 137X
Bodaasb....
Sugar of lead. white, prime. *Bcur.
It
...a
"
7\9
Vitriol, blue. common
b
—
FISH—
Gr'dBk.* George's (new) cod.* qtl. 4 75 a 6 00
pr.bbl. 20 00 a 52 00
Mackerel, No. l.M.shore
Mackerel, No. 1, Bay
None.
Mackerel, No. 2 Mass. shore (new). 13 00 a 13 50
Bay
Mackerel, No. 2,
None.
FLAX—
*
North River, prime
FRUIT—
BaMati seeaiess
do Layer. new
do
do
..
Loose Muscatel, new
London layers
do
Valencia,
...a
ft
per 501b. (rail
,
new
Currants new
Citron, Leghorn
Prunes, Turkish rnew)
a
185 f
180 i
a
sx»
s 15
16
e
French
do
5
Figs, layer
Canton Wtnger.wh.ft hf.pots.* case.
Sardine 3 * half hox
Sardine-, V quarter box
Macaroni, Italian
* ft
Domestic Dried—
,
Apple
uo
do
do
,
S u belli,
do
slice
1
ft ft
quarters
State, sliced
do quarters
Peaches, pared, Ga.prtn e & chr Ice.
unpirei, halves and qra...
do
Blackberries
Raapbetrles
Cherries
Plums. 8 ate
Whrjrtleberrlea.,
«
a
1
1
90
60
's'x
6X
16X
a
7<<a
6
511
a
lsxa
...
a,
M
20
an
it
5X9
4X®
»X»
sxa
8
11
'4
Ordlnary foreign
Domestic, common
Bar (discount. 10 p.
"
"
Sheet
"
100 lbs,
:
13
4
(3
7
2
@
4
33
43
a
@
52
41
a
a_
21 00
19
(1
1
is 00
;6 so
47 00
gold 6 62X^
6 75
cur.
4
4
25
ft
a
a
m.*
"
common
I.*ft.
1
&
m.
1
rough
Slaughter crop
S7X
8
22K*
22X«
22Xd
25
Oak. rough
Texas. crop
21
24
2»
32
a
a
a
31
32
a
do
do grocery grades.
BarbadocB
Demerara
..
Porto Hlc.o
N. O.,com. toi'rlme
3
a
a
a
a
48
46
60
33
3
2S7XS
2 50
2 50
87
43
33
40
*'
*
41
bbl. 2 25
"
"
2 2".
Pitch, city
a
i5X8
Spirits turpentine
* gal.
....a
Rosin, strained to good9trd.* bill.
'•
"
2 12X*
low No. 1 to gonrl No. 1
'•
low No. 2 to good No. 2 "
....a
• low pale to extra pale.. "
2 jo «
"
Foreign
Domestic,
"
wiudowglass
NUTS—
*
Almonds, Jordan shelled
4
lb.
2 37X
2 00
a
4 10
5 00
30
a
G5
11
11
5
Pecan
80
50
4
Brazil
FU'erts, Sicily ..Walnuts, Naples
1
&
a
n
B.gold.
;00
common
cur.
*
Pepper. Batavia
Slnaapore
do
white
do
CasBlu, China Lignea
do
Batavia
Ginger, African
do Calcutta
ft,
4*
V
ft.
8xa
10X
a
a
....
C*KE—
City, thin oblong.bags. gold, * ton. 33 !0
Western, thin oblong (Dorr..) cur " £3 00
OILScasks* gall
Linseed, casks and bbls
Menhaden, crude Sound.....
*
Olive, in
Neatsloot, No.
1
gal
'•
1
"
'*
"
"
to extra
Whale, bleached winter
Whale, crude Northern
Sperm , crude
Sperm, bleached winter
Lard oil. Noe. 1 and 2
"
1
".
"
12V
22
21
22
*gnl.
a
65
7
a
a
Pork, mess, spot
Pork, extra prime
Pork, prime mess. West....
*
bbl.
"
...
a
"
...
"
"
Beef.extra mess
Beef hains.W. Bum &wln. cured "
* Tfc
Bacon, City long clear
"
Hams, smoked .. .,
"
Lard, City steam
....
....
....
u
a
a
@
«
a 00 a
8V4
ISX*
tX*
RICE-
20
15
14 45
....
12 25
....
11 id
is so
....
13X
»
7X
e\
bush.
so
35
* sack.
250
Clover, Western
Clover, New York State
Tlmotuy
*
*
gall.
"
"
...
,..* push.
foreign
Flax-e. d, American, rough..,, ....
Linseed, Calcutta
* 56 B. gol'l.
Linseed, Bombay
Vili g)ld.
1 50
2
00
a
®
i
4J
2 05
2 5U
2
1 10
1 41
2 tax
HX
39
••
.'
••
"
*
gall.
®
a
5 (10
3 60
3 60
a
a.
%
&
2 13
a
....a
17 00
00
00
Vi
4 UO
3 90
8
4
3
1
14X0
16
s*<a
6X
a
9
14
9X®
10X
....a
'i*
u'xa
16
,
American machinery
American German spring
SnOARInferlor to
F
common
10
* "ft.
reflni- g..
lr
Good
K»
a
...a
8 a
s«a
*xa
5
a
7X4
s«a
7X9
...
"
Prime
"
Porto Kico. rcfln fair to prime "
Hoxcs. c'ayed, Nos. I0@12
"
Ce tiifugal, Nob. 7@13
**
Melado
"
Manila, sup. snd ex. sup
.
"
"
"
Nob l'@W
Nos.9®U
Batavia.
fined— Hard, crushed
Hard, powdered
do gianuiatel
do cut loaf
Coffee, A. standard
It
"
"
"
"
"
Yellow C. ...
Other Y'ellow
"
..
"
*
ft.
"
TIN—
Banca
10
7Xa
7 13-18-
»
isxs
i5«a
"
*bxg
62XS
d. 5
6
00
S
22
30
40
a
a
a
TEA—
cur.* ft
liytson.ComniOHto lair
do Bnperlor to fine
do Extra line tc finest
do Choicest.....
Young Hyson, Com. to fair
Super. to flue
do
do Ex. fineto finest
Choicest
do
Qunpowder.com
Souc*
to fair
..'
43
22
32
45
65
20
32
47
*»
85
23
40
52
27
42
55
28
—
42
55
75
25
42
57
a
a
7 @
10 a
5 a
12 M
eo a
75 a
I8X«
21
a
r» a
a
49 a
37 a
20 a
,
Pa. assorted lots, '7l-*75
Yara, assorted
Havana, com. to fine
Manufac'd.ln bond, black work
•'
bright work
American XX
American. Nos. I &
American, Combing
4,i
62
6
15
!0
5
Kentucky
"
•'
leaf,
Seed leaf— New Eng.wrapperi.*7l- 75
••
fillers, '74-'75
do
WOOL—
40-
57
62
32
N<
Sup'rto fine
Ex. fineto finest
heaw
i'6
21
E2
fineto finest
do
do
37
47
21
Choicest
Cong., Com. to fair
TOBACCO-
27
30
47
67
21
87
52
65
23
32
44
13-
Oolong, Common to hur....
do Superior to fine
Ex
is
5 75
6 25
Nominal.
Extranne toflnest
do
Hyson Skln.& Twan-.com. to fair.
Sup. to fine
do
do
Kx.flnetonneBt
do
do
Uncolored Japan Com. to lair
Sup'rtollne
do
Ex.flnetoflnest
do
do
do
18
:»
21
Snp. tonne
do
do Ex. fine to finest
do Choicest
Imperial. Com to fair
Sun. to fine
t.o
w
9X
17*
"
English, refined
Plates. i.e., coke
Plates. char. terne
a
9va
9xa
9X3
8X*
sxa
...a
gold.*ft
Straits
9
if*
...
"
"
I"xtraC.'0
8X
9X
II'V*
I0K4J
li'K»
I'-X-
"
off A
do
WmteextraC
IS
....a
"
refining
*ft
i
7*
25
95
1
No. 1, Pulled
California. Spring Clip-
49
u
57
40
23
uuwashed
S2
26
22
17
S3
S3
Interior
Burry
South Am. Merino, unwashed
Cane Good Hope, unwashed
Texas, fine, Eastern
Texas, medium. Eastern
Smyrna. unwashed
fine—
*
ft.
M
17
To Livbbpool:
* 1».
* bbl.
iroods. .* ton.
AM.
— STB
d.
d.
.
8 6
25
bags..
Beet
*
*bbl
tee.
a
1
fit
sx
-.
d.
26 3
8
'it
....
...
SX*
....
.3
....
a....
-%
s. if.
X comp
« ...
a 80
*....
9X4
t
< s
3
^-SAIL.
!>
340
8*4.....
80
sa
.
!-:«>....
Corn.b'lkAbgs. *liu.
Wueat.bulk*
s.
S.
.'S
urn
gold, net
car,
Cotton
Flonr
Pork
..
gold.
Domestic
.
15
21
44
v.!
Extra, Pulled
Heavy
isx
Store Prices.
FRE1GHTS1
67X
13X
a
a
8 75
4 10
3 50
English, caat,!d&lst quality * lb gold
English. snrlng,2il & st quality.. "
English blister, 2rl<t 1st quality.. *
"
Enirlisli machinery
English German, 2d & 1st quality "
cur.
American blister
American cast Tool
American cast spring
do
sva
ft.
90"
a
a
13
...
8TEEL—
Sheet, Foreign
BEtDS-
7X
cx@
so
85
gold
Superior,
Fair
fX*
«X3
Carollns.falr to prime
* ft.
Louisiana, nrw, fair to prime.. "
"
Rangoon, in bond
*'
Patna, ex uuty paid
*
00
8X
a
a
7
—
1 12
: 40
..,.§
18
PROVISIONS—
.
62*
10
54
50
20
60
45
90
a
a
a
36
14
lugs,
Crode, In bulk
Cases
Refined, standard white
Naphtha, City, bbls
Tnrk's Island
Si. Martin
Llvarpool vs nous sorts
1
67
60
*
PETROLEUM—
8ALT-
15
!8
42
65
t2W
6 25
'.2X«
,
Cotton seed, crude
6
21
21
Brandy, foreign brands
Rum lam. ,1th proof
8t. Croix, 3d proof
Gin
Whiskey, Scot-li
Irish
do
Domesticltquors— Cash
Alcohol
ll~t
12
i
6 00
5 i2x
gold
20
.
best
6 CO
5 SIX
SPIRITS—
12X
r.»
6
SPICES—
Prime city,
Western
...»
"
"
"
a
a
a
....
SPELTER—
TALLOW-
....a
lix
8 25
None.
None.
4 50
Molasses sugars
MOLASSES—
a
...
Usual reel Tsatleas
Usual reel Ts vsaums
Brazil.
a
26
30
27
fO
....a
1
r»
a
:oxa
Re-reeled Tsatlees
Re-reeled Cotngoun
Whiskey
41
a
*
c.)
California, h.,
tilde, h.,
Hemp,
,
*
Hemlock. Buen. A'reB,h..m.*
a
r
a
LEATHER
Canary, Pniyrna
Canary, SI. fly
Canary, Dutch
a!
5
* ft
gold
"
SILK-
Cloves
do stems
11X
17 00
1C 50
24 10
100 lb.
iox
12X3
13 ;o
per
HX
12
15
a
Ke fined, pure
Crude
Nitrate soda
Mace
Nutmegs, Batavia and Penang
Pimento, Jamaica
11
45 00
LEAD-
a
SXfJ
7;<a
23
ton.
Beel, plain mess
S 25
Noralcai
Pa'es
»
OIL
20
2 50
19
14
17
14
...e
28"
It
a
ay.®
OAKUM—Navy ,U.S. Navy &
«xa
••
isx
13
40
S3
40
25
23
21
39
Steel rails, at mill
Tar, Washington
Tar, Wilmington
27 5U
Dtj
a
a
a
NAVAL STORES—
a
a
5*
biore Prices,
Bar. Swedes, ordinary sliea..* ton. ISO 00 a 133 50
Scroll
* "lb. 2 5-10a
5
2 3 10
Hoop, XX.No.22tol&'.Xx.l8*:4
...gold.*ft
Sheet, l(u:-8la
ll'X'a
II
Sheet, single, double A treble, com.
SXa
4
Ralls, Airier., at Works..* ton, car. S3 00 a ;8 ro
45
2«x«
a
a
p
4 liiu
1
£0
oastoroll.E.I.inbond. *eal..gold.
4 20
V 100 ft ••
Caustic soda
a
"
" 18 50 a
Chlorate potash
•'
60
Cochineal, Honduras, silver...
55
Cochineal. Mexican
25
Cream tartar, prime Am. & Fr. •'
i
car.
Cabebs, East India
sxa
Gambler
g owths
W gal.
Cuba, Mas.,refln.gr'd.= ,50test. "
"
a
a
gold.
is
Argols, crude
"
2t
Argols, refined
•'
Arsenic, powdered
4 00
Bicarb. soda, Newcastle.* 100 lb "
* ft cur.
12
Bichro. potash
*U0ft. "
1 40
Bleaching powder
gold 21 CO
Brimstone, crude, per ton
*»..cur.
3
Brimstone, Am. roll
ft.
Cuba, clayed
3X»
car.
ft
*
Nicaragua, t.heet
Ntcara^ua, scrap
Mexican, slr-et
Honduras, sheet
IROf"-Pig, American, No. 1
Pig, American, 1.0.2
Pig, American, Forge
Pig, Scotcn
17
* B.
Bolts
all
Panama sir
00
00
11
2.i(.i
3
"
do....
Para, coarse to fine
Esmaralda, pr.-tse'l, strip
Guayaquil, p esBed, strip
13 25
3 25r»3 40
:l
g,,ld
INDIA RUUBE8-
Port
Johnston.
....
do...
rropofl-<76.
11*
L.
3 15
Savanllla,
CropoflS77
13
D.L.&W. D.SH. F.JI1.
3
cur.
.
Canhacena, nreued
008
00a
g
do....
6275 00
a
a
a
a
a
10X3
8 a
a
10 a
14 a
HOPS—
21
23
in
13
New York-
do
Matsinoras
Olds,
a21", 00
22
18
13
15
13
"
"
do
Texas,
cur.
A. I. stock— '!al. klpB.slaught. gold
"
Calcutta kips, dead green..
"
Calcutta, buffalo
u
60
21X9
22Xa
"
"
Matamoras.
California,
19
a
Bt'mt)... »l
Orate... 3 25
Egg.. . 3 35
"
Wei Salted— awn. Ay, selected
Para,
do....
N
a
10
11
COAL-
*•
"
Dry Salted— Mara'bo,as they run*'
7
10
1 TO
CHEESS—
Stove...
Ch'nut..
California,
« 7i
,
Penn.
Orinoco,
23
23
22
"
do....
do....
do....
do....
do....
RloOrande,
is
a
9
ft
4
Corrlentes,
35 00
2 'o
7\ a
Lead, wu., Amer., pure dry
6 9
Sine, wh.,Amcr. dry. No. 1
9 a
Klnc.wh.. Amer. No. 1, In oil
Parlswhlte. Er.t., gold....* 1P0 ft. 165 a
BUTTER— JVeic— (Wholesale Prices)—
21 a
Dairies, palls, gV to p'me State * ft.
14 a
West'n fact'y, tubs, g'd to ch'ee "
20 a
H*i nrkMtubs.State.f'r to prime "
Welsh tubs. State, com. to p'aie "
20 a
Anthracite—
Jute
1 IS
%
a
a
a
M
a
....
31ilue...
FainU— Ld.,wh.Am,pure. In oil *
.*»
Montevideo,
a
a
a
270 00
7
'•
HIDESDru— Buenos Ayres,selected.*ft<old
70 00
22 00
33
40 00
33 00
@ioj 00
28
a
130 00 @135 00
gold. '215 00 a210 00
Sisal.
50
10 00
27 00
1
BOO a
&
SALTPETRE55
n>
ton. 175 do
Russia, clean
Manila
Ash.gool
Black walnut
Spruce boards
*
American dressed
American undressed
Italian
18 'JO
Pine.shlDpliig. l>ox
25
do ta.ly boards, com.to g'rt.each.
Oak
100
HEMP AND JU1E—
2 23
8 no
23 00
bbl. 1 20
Croton
»
North River shlnp'nr
4X4
ft.
BREAD9T0FFS— 8ee special report.
BUILDING MATERIALS—
Bricks— Common hard, afloat..* M
Cement— It.semlaie
GUNNIIiS.—See rjport under Cotton.
HAT—
XXV.
[Vol.
.
Ootoan
thk ckuoiVKtlr
18, 1877.|
Financial.
Financial.
UNION TRUST
NEW
OF
CO. Henry
CAPITAL,
-
rT
-
.
St.
1
EDWARD
J. M. U<
rim;,
KING, I1AI1.LIK it CO., Liverpool.
NEW YORK CORRESPONDENTS,
Pretffimt.
8AMUBX WlLLKTS,
Wm. WinTEWRIQHT,
Geo. Cabot Ward,
11.
K. B.
Wisley,
O. U. Williams,
J.
OOILVIE,
Secretary.
BANK-NOTE
OFFICE,
A Clinton «l«.,
CAPITAL,
Brooklyn, N.
This Company Is authorized by special charter tnac.
aarecelTer, trustee, guardian, execu.or or aduilulstrator.
It
can act aa agent In the sale or management of real
estate, collect Interest or dividends, receive registry
am' transfer books, or make purchase and sale of Govern*, t nt aid other securities.
fieliglous and charitable Institutions, and persons
unaccustomed to tne transaction of business, will find
this Company a safe and convenient depository for
RIPLEY ROPKS. President.
CHAS. K. MARVIN, VlC3-Prea
Edoar M. Collin. Counsel.
CO,
IN
IN
P. O.
G. GOODALL, President,
Van Zandt, Vice-Pres. & Manager.
Freeland,
Sec.
Geo. H. Stayner, Treas.
Geo. H. Prentiss,
Room
23.
Box
BROAD STREET.
30
%
A
BROAD STREET,
HEW YORK.
8432.
J.
MANUFACTURERS OF
01"
SODA.
New
No. 11 Old Slip,
New
O LY PH ANT' &
elver of estates.
Interests Allowed on "Deposits,
'hlcb may be made at any time and withdrawn after
I ve days' notice, and may be entitled to
Interest for
ne whole time they may remain with the Company.
Kong Kong, Shanghai, Foochow
1)14
Executors, Administrators or Trustees of Estates
ad Females unaccustomed to the transaction of
uslness. as well as Religious and Benevolent Instttuons, will
And
or money.
this
Company a convenient depository
TRUSTEES:
STEWART, President.
WILLIAM II. MACY,),r< „ ,,
Vice-Presidents.
JOHN .1. CISCO,
f
WILLIAM DAl.ROW, Secretary.
JAMES CLARK. Ass't Secretary.
INVESTMENT & MISCELLANEOUS SECURITIES
Refers by permission to W. S. Nichols & Co., Bankers
Manning,
BANKER AND BROKER,
No. 14 Wall Street, New York
SOUTHERN SECURITIES
A
cate with us.
Member of the
SPECIALTY.
New York
tock Exchange.
Commorcial
Harris.
&
Co.,
Manufacturer"
And
OF WALL STREET AND BROADWAY
New York.
r cash or
STOCKS, BONDS and GOLD
on a margin.
Investment Securities For
P. O. BOX 2,M7.
Also, Agents
I.
M. Kidder.
C.
W.McLkllan, Jh.
full
supply
all
Widths and Colors always
No. 1G9
Dnnne
In stock.
The General Trans-Atlantic Company's
Mail Steamships,
NEW YORK AND HAVRE.
Calling at Plymouth for the landing of Passengers.
The splendid vessels on this favorite route, for the
Continent—CHOlns provided with electric balls— will
sail from Pier No. 60 North River, foot of Morton at.,
as follows
LABRADOR. Sanglier
Wed., Oct. 17, 2 P. M.
PEEEIKE.Danre
Wed., i ct. 21.7 A.M.
FR'NCE, Trudelle
Wed., Oct. 31.1 P.M.
PRICE OF PASSAGE IN" COLO (Including wlnej:
To Havre— First cabin, $ 00; second cabin, $ 5; tnlrd
cabin, «35; steerage, (26— Including wine, bedding and
To Plymouth, London or any railway station In
England— Eirst cabin, $90 to *100, according to accommodation
cabin, $'o; third cabin, $35, steer,
; second
age, fiV, Including everything aB above.
Return tickets at very reduced rates, available
LOUIS DEBEBIAN,
Agent, 55 Broadway.
George A; Clark
&
Providence Line
TO BOSTON,
VIA PROVIDENCE DIRECT.
A Whole
Night'* Best.
Only 42 miles of Ball.
Time, 00 Minute*.
Street.
Sale.
W. Tease
OJSL.ll
Direct Line to France.
THE NEW
lulled State* Bunting Company.
A
York.
Steamships
kinds of
C 1TTON CANVAt, FELTING DUCK, CAR COVER
LNG, BAGGING. RAVENS DUCK, SAIL TWINES
*C. "ONTARIO" SEAMLESS BAGS,
"AWNING STRIPES."
Transact a General Banking Business,
Including
irchase and tale of
all
New
through England and France. Meamers marked thus
• do not carry- Bteerage passengers.
For passage and freight apply to
Dealers In
COTTONSAILDUCK
C& Co.
BANKERS,
OR.
not!
St.,
utensils.
Turner
Brinckerlioff,
Co., of China,
Wall
BETWEEN
City.
State, Municipal ani Hallway Bonds and Coupons
bought and sold at best market rate*. Investors or
dealer* wishing to Duy or sell are Invited to communi-
•JOHN A.
St
York,
AND ALL CLASSES OF
B.
St
Represented by
OLYP.HANT
LOUIS CITY & COUNTY BONDS
John
Co.,
COMMISSION MERCHANTS,
DEALER IN
ST.
York.
Phe .loooing Trade ONLY Supplied
Alden Gaylord,
St.,
Co. r
Canton, Cblna.
SPECIALTY.
33 Wall
&
SUPER-CA RKOVATi;
Brooklyn Securities Bonght and Sold
and Surplus, $4,000,000.
ST.
Cuestvut Stbskt.
John Dwight
GAS STOCKS
M AM, STREET.
This Company is a legal depository for moneys paid
o Court, and la authorized to act as guardian or re-
410
Produce, Provisions and Naval Stores,
A BUILDINQ PROOF AGAINST FIRE.
Trnso. n.
Hcnrv Banger,
Alex. McCue,
Chas. H. Marvin, A. A. Low,
ihomas Sullivan, Abm. B. Baylls, S. B. Chittenden,
d.E. Pierrcpont, Dau'lChauneey, John T. Martin,
John Halsev.
Joslah o. Low,
Kipley Hopes
ilex. M. White,
Austin Corbin. Kdmuud W.Corlls i.
Wm. B. BUNKER, Secretary
Co.
W. ROSENFfiLS,
S.
20
York.
ALBERT
Rockwell,
John P. Rolfe.
Capital
BOSTON
HCHAUNOET
BUH^
* « WRITE
J W. DAYTHN.
THE MOST ARTISTIC STYLE,
C. L.
iflfg
IN
CO..
J. S.
No. 49
NEW YORK,
43
AND
t.
United States Trust Co.
OF NEW YORK,
Saratoga victory
HOSIERY, SHIRT* and DRAWERS.
EXPORT COMMISSION' MERCHANT
Bank-notes, Boxes for Governments and Cor
porations, Bills of Exchange, Certificates
of Stock, Postage ant, Revenue Stamps
Policies of Insurance, ajtd all
Kinds of Securities,
money.
TRUSTEES:
Mills, Clilcopee Tire Co..
*
Woolen Co.,
....
Ellerton
New mills,
Atlaullc Co. ton mills,
ENGRAVES AND PRINTS
1".
1900,090.
Washington
BROADWAY,
142
New
The Brooklyn Trust Co.
Cor. of Montague
A,
American
Tiikodore Koosevklt.
II.
WARD, CAMPBELL,
Messrs.
EXECUTIVE COMMITTEE.
M. Vrl.KAST,
II. HOTTOir,
,
"ii
it
J(
">' rl, "Kl"n
and Current Acoounta on favorable terms, and do a
General London and Foreign Banking Business.
Wm. Whitswjuoht, *d ftctPretUmt.
J.
..
ii
E. R.Mudge,Sa wyer&Co
AGENTS E U
Make
lent.
!
for use agalnai
Execute Orders on the London Stock Exchange.
Collections on all Points. Receive Deposli
Authorlxcd bv iw to net as Executor, AdmlnlstraOuimlljm, Receiver, ur Trustee, and as a
Interest allowed on Deposits, which may be made
and withdrawn ;,[ any time.
dltntlon pass through the
iiim.ii
Gl AN A CO V".
EX. O.UAL. LEVANTINE BILK.../,
()
COMMERCIAL CREDITS
Grant
Consignments of Merchandise.
or.
LEGAL DEPOSITORY FOR HONEY.
of the world.
In all parts
ISAAC .SMITH'S UMBKI-LLAg.
BCPERIOR
GOOD -ILK
PATENTED
Issue
HAS SPECIAL FACILITIES FOR ACTING AS
Trnnkl'vr Agent ami
Itcgixtrnr of Stocks.
Cleai
Co.,
45 Fall mull, London, England.
CIRCULAR NOTK8 fret q/ charge, available
$1,000,000.
.
&
BANKERS,
T01JK,
Broadway, Cor. Hector
No. 73
King
S.
Commercial Cards.
Bro.
THE NEW MAGNIFICENT STEAMER,
MASSACHUSETTS,
John Hickiing
&
Co.,
BANKERS AND BROKERS,
'32 Broadway and 21 New
St., N. Y.
BALERS IN STOCKS. B0ND3 AND GOLD.
toaka bought and sold on margins at
the New York
oak Exchange. Careful attention
oald to out-of
wn orders. Correspondence solicited.
O.N.T
(•'The Palace Steamer or the World,")
AND THE WORLD-RENOWNED STEAMER.
BH0DE ISLAND,
("The Queen of the Sound,")
VIU,09End after MAY leave (dally) from Pier 23^
7,
•
MILWARD'S
•IV NEEDLES.
400 BROADWAY, NEW YORK.
II.
St.. at5P. M, arriving -it Providence it 6 A.M., and Boston at 7A.M. .So intermediate- landings between New York and Providence
N.R,fO0tof Warren
THE CHRONICLE.
•VI
Insurance.
Railroad Material, &c.
Steamships.
XXV-
[Vol.
MANCHESTER
Atlas Mail Line.
Fltst-clasB, full-powered, Iron
.sTier
screw steamers, from
C
xr° iS!?wS!
8
November
4.1LA8
ror HAT! I, COLOMBIA, ISTHMDS OF PANAMA,
and SOUTH PACIFIC PORTS ivia Asplnwali),
October 13
A! pa
.'..'.'.'.'.'.'.'.".'.'.'.'.'..'
October
Superior nrst-class'pasBenger accommodation.
pim, Norwood & co.. Agents,
No. 58 Wall Street
BTN A
.'.'
.'
&
Kennedy
S.
Co.,
BANKERS AND MERCHANTS,
41 CEDAR, COK. WILLIAM.
New
40
Water stl set, Boston
M>W
34tli Year.
The Trustees,
NEW ENGLAND
mutual, i. in;
Insurance Company,
All business relating to the Construction and Equlpscentof Kallroads undertaken.
PHELPS,DODGE & Co
CLIFF STREET,
New York.
John and Fulton,
Deduct surplus
$13,871,040 81
677,857 50
.
$13,493,183 31
for the protection of
Commonwealth.
FEATURES OF THE COMPANY.
1st. The adoption and continuance of a thoroughly adequate rate of premium.
Sd. The maintenance of an ample reserved fund.
The market price of the securities of which the
fund is composed is $340,700 80 over the cost
on the Company's ledger. This item is not availed
of in the capital as above presented.
For pamphlets and reports giving a history of the
Company's operations during the past thirty-three
years, apply at the office of the Company,
Agents in any city or town of importance.
BEN J.
JOSEPH
F.
President.
W." G.
MoKOWN,
W.
WRIGHT,
M. GIBBENS,
Roofing Plates,
RUSSIA SHEET IRON,
PlCi TIN,
CHARCOAL AND COMMON SHEET IRON
LEAD, SHEKT ZINC, COPPER,
Spelter, Solder,
Antimony,
Ste.
MANUFACTURERS OF
COPPER, BRASS AND WIRE.
WB. BOBDBN.
L. N. L0VKIX,
Borden & Lovell,
COMMISSION MERCHANTS
TO
&
Tl
West
St..,
'UMBERLAND COALS.
in the crrr of new tork
261, 262, 2S3
ORGANIZED 1850.
ASSETS, $4,827,176 S2.
BROADWAY.
CO.,
ALL ENDOWMENT POLICIES
ary, 1678. to 3 1st
December, 1876.... $6,061,006 11
paid during the
same period
$1,865,193 49
Returns of Premiums end
Expenses.. $1,088,410 85
Losses
The Company has the following
APPROVED
Cash In
Bank
MATURING
be
IN 18
DISCOUNTED
7 7
,
The outstanding
certificates of the Issue of 1878
be redeemed and paid to the holders thereof, or
their legal representatives, on and after Tuesday,
(he 6th of February next, from which date ell Inter
The certificates to be proest thereon will cease.
duced at the time of payment, and canceled. Upon
Certificates which were issued for gold premiums,
the payment of interest and redemption will be ia
A
plvldend of Forty per Cent.
14 of April next.
Br
order of the Board,
J.
H. CBAPMiN,
ON PRESENTATION.
PRESIDENT
JAMES BUELL,
TRUSTEES
MIDDLK DEPARTMENT,
.^Le wis Curtis,
Charles H. Russell,
James Low,
^(
DREXEL BUILDING,
Corner Wall and Broad Streets.
HENRY W. BALDWIN,
David Lane.
j
Daniel 8. Miller.
Josiah O. Low,
Boyal Phelps.
'
Charles P. Burdetty
Alexander V. Blake,
3c
CO.,
New York.
fettle
i,,.F.S.WINSTON,PRESIDENT
U £S
EVERY APP^OVEDDESCRIPTlOf
.
Corlles,
WiUUm Bryce,
Robert B. Mintnrn,
George W. Lane,
'
|
Jam
j
s G.
DeForest,
Charles D. Leverlcc,
Horace Gray,
Beckett,
3t!mund W.
'
John D. Hewlett, ^&
Adolph Lemoyne,
Adam T.
^,
Gordon W. BttrtmAm,
William 8 turgis,
William B. Dodge,
Francis Skiddy,
I
.Charles Dennis,
Thomas F. Youngs,
0. A. Hand,
William H. Web*,
IS S
I
t.D.So&tt,
''^w
W. H. H. Moore,
'
OFFICE
SecretlMT.
-
Robert L. Stuart,
Frederick Chauncey,
43 Broadway,
Is de-
on the net earned premiums of the Company
for the year ending 81st December, 1878, for which
certificates will be issued on and alter Tuesday, the
clared
HOISTING PURPOSES, in
order.
JOHN W. MASON
the outstanding
will
Charles H. Marshall,
FLAT STEEL AND
19
38
be paid to the holders
thereof, or their legal representatives, on and after
Tuesday, the 6th of February nest.
\
superior quality,
IRON ROPES for Mining
purposes manufactured to
00
certificates of profits will
MINING AND
are cut.
00
$15,694,867 tl
"
»«
CHARCOAL
'
00
865.012 74
Total-amount of Asset*...
CL.AIMS
Wire Rope.
AND
cllned Planes, Transmission
\of Power, &c. Also Oaij vanned Charcoal and BBtor
I -hips' Rigging, Suspension
j Bridges, Derrick Guys.Ferry
Ropes, &c. A large stock
constantly on hand from
which any desired length
Assets, Til.
Onited States and State of New York
Stock, City, Bank and other stocks. $11,068,700
Loans secured by Btocke and other1,779,800
wise
Real Estate end Bonds and Mortgagee
967,000
Claims
Interest and sundry Notes and
estimated
at
402,850
due the Company,
Premium Botes and Bills Receivable. . 1,812,504
A27D
Superintendent.
suitable for
$7,101,447 71
.
gold.
$820,000.
EVERT APPROVED FORM OF POLICY ISSUED
ON MOST FAVORABLE TERMS.
FALL RIVER LINE STEAMERS.
STEEL
IRON of
.
Po! Icies have been Issued npon Life
spon Fire disconnected
>
With Marine Risks.
Premiums marked oft from 1st Janu-
SURPLUS,
HOOPS AND RODS.
OLD COLONY STEAMBOAT
1.172,260 Of
Six per cent. Interest on
Insurance Company,
-
FALL RIYER IRON WORKS COM'
January, 1878
Actuary.
STATE S
u NITED
LIFE
«™
BORDEN MINING COMPANY,
NAILS, BANDS,
C.
THE
New York,
AGENTS FOR
$4,9»,1«T66
marked off
Policies not
Ass't Sec.
D.,
Medical Examiner.
IMPORTERS AND DEALERS IN
&
M.
or of
STEVENS,
Secretary.
OP ALL SIZES AND KINDS.
it*
No
1, 1843.)
1817
1,
to i e distributed .
JOHN HOMANS,
Tin
24, 1877.
Bisks, nor
Net Assets, January
policy-holders, to accordance with the law of this
PITTSBURGH, PENN.
cember, 1878
Premiums on
Total amount of Marine Premiums
(Organized December
As a Re-Insurance Fund
Steel Co. (Limited),
YOBK, January
In conformity to the Charter of the
Company, submit the following Statement of
affairs on the Slat December, 1876:
Premiums received on Marine Risk!
from let January, 1876, to 81st De-
1st
POST OFFICE SQUARE,
Leaving
AND THE
Mutual Insurance Co.
Insurance.
BOSTON.
JOHHSTOWN, PENN.,
Edgar Thompson
Treasurer,
Superintendent
Manchester. N. H.
York.
sell
Cambria Iron Company,
Between
ARETAS
ST.,
Railroad Investment Securities. Collect Coupons and Dividends. Negotiate Loans and
Exchange
on London.
draw Bills of
Agents for the sale of STEEL RAILS made by the
Buy end
ATLANTIC
and Tools,
MANCHESTER, N. H.
BLOOD, W. O. MEANS,
gines,
27
Railroad Material, &c.
T.
MANUFACTURERS OF
Locomotives, Stationary Steam En-
So. il. North River.
For KINGSTON (Jam.) and HATT1,
CLARIBEL
OFFICE OF THE
Works,
Locomotive
BI-MONTHLY SERVICE TO JAMAICA HATTI.
COLOMBIA and ASP1N WALL., and to PANAMA and
SOUTH PACIFIC PORTS (via Aspinwall.)
John
Elliott,
William H. Fogg,
Feter V.Efaig.
f
LIFE XnB ENDOWMENT POLICIES
OHTERMS AS FAVORABLEASTH0SEOFANYOTHERC0.
1ASHASSETSover$80.000.000.
J.
D. JONES, President.
CHARLES DENNIS, Vlce-Preeldent,
W. H. H. MOORE, 2d Vloe-PreaUwj*,
A. A.
RAVEN, U Ylee-FresldaaW
"
OCTOBER
fHE CHRONICLtt
18, 1877.J
Publications.
Insurance.
North
and Mer-
British
cantile Ins. Co.,
(ANNUAL),
LONDON AND EDINBURGH.
1866.
Established Dkcembeu,
$1,363,686 36
Bssacfe for all otherllabilltles, tnclndlng re-lnsnrance
Net Fire Surplus and Reserve....
8,517,988 04
LIVERPOOL, LONDON
New York City— Bank Returns,
<Sc.
London— Mosey Market and Bank
64
I-
Commercial-
Returns.
—
States
Foreign Commerce, Trade
Balance, U. S. Exports and Imports Leading
Articles, Tonnage of Trnnk Railroads and
United
Canals.
New York City— Prices
ports, Imports,
Merchandise, Ex-
of
the
T. Tribune.
from 1862 to
187T.
The Living Agk
upon
its
Showing Accumu-
Prices of Railroad Bonds, 1873-1877.
Prices of Railroad Stocks, 1872-1877.
To
double-column octavo pages of reading matter yearly
It presents In an Inexpensive form, considering its
freshness,
owing
to
Subscribers of the Chronicle..
indlspenaible current literature,— indixpensa bl «
cause it embraces the productions of the
be-
ABLEST LIVING WRITERS
In all branches of Literature, ^ctence, Art. and Politics.
" It reproduce* the best thoughts of the best', minds
of
the civilized world, upon all topics of living ttUerest."—
PblUd-lpMa" Inquirer."
With it alone a reader may fairly keep up with all
that
import'int in the literature, history,
and science of the day,"—'' Ti.e Methodist/^N politics
Y
« .- ..^ of u our «*«**<: publications."— » The
Nation,"
£
New York.
^
"And the cheapest. A monthly that comes tverv
week."— The Adviiuce,'* Chicago!
*'A pure atui perpetual reservoir and fountain of
entertainment and instruction."— Hon.Kobert C Win1
'
" Palely
"The
without
a rival."— "Congregationalism
periodical in America."— Rev. Dr. Cuyler
Indispensable to every one who desires a thorough
compendium Qfutl that is admirable and noteworthy
in the literary wot Id — " Bunion j oi»t."
" Ought to jind a place in every American
Borne."—
New
i
befit
urk
•
l
line*.'
Published
or for
vy bkklv at t$ 00 a year,
free
postageflow The Living Agk and either of
6n*otSi>
American ft monthlies (or Harper's Weekly or Basar)
-~ .. -.~l.f
»«*. _-„j
Hi-Ill he
hpl BPfll
«au* both
tj
will
lent fi-tf
lor (1a year,
pottpaul
or, for 19 50
Thk Living agk
.sa and
.
8crtbner rs St. Nicholas or
Appltton's Journal.
Address.
LI
I 1
I)
Advances made on consignments, and
orded by our friends, Messrs. D.
61
Baronne
Sc
Street,
VVA
$1 00
.
&
CO.,
ILL & GAY, Boston.
1868.
Manufacturers'
Review
Record.
A MONTHLY JOURNAL,
DET0T&D TO THE TECHNOLOGY OF
TEXTILE ARTS AND DYEINQ IN
ALL THEIR BRANCHES.
The Record
is
the oldest and best publication of
the English language, and has a most
extended circulation among woolen, cotton and
silk manufacturers and operatives In the United
States and Canada and in Europe.
The Supplement, also published monthly, con
tains designs and weaving directions for all woolen
fabrics, ginghams, and prints from the newest
foreign samples, and of original conception. Also
samples of ar.d recipes for ttaudard new and novel
effects in dyes and colors. It is indispensable to
weavers, designers and dyers.
The terms of Subscription are as follows
Record
$1 50 per annum.
"
Supplement
3 50
"
Boih Publications
BOO
Address
its class in
THE INDUSTRIAL RECORD CO.,
18
P. 0.
Box
EXCHANGB PLACE,
1,396.
Co., 51
GIVEN
*
New Orleans.
& Co.,
New York.
89
BROAD STREET, NEW YORK.
Orders executed at the Cotton Exchange, and ssT
vances made on consignments of Cotton and oth«7Produce, and upon shipments to correspondents to
Liverpool.
J.
C. Johnson
&
Co.,
COTTON BUYERS FOR MANUFACTUREBSP
MEnPBIS. T«,»N.
McAlister
&
Wheless,
COTTON
THE
& Industrial
Messrs. D. A.
25
81 William Street, N. Y.
ESTABLISHED
Information
all
WATTS *
COTTON FACTORS & COMMISSION MERCHANTS
No.
PUBLISHERS,
19
rile
AND
l
It.
and order*
COTTON FACTOR,
Toall others
WILLI.AW
COTTON
pnrehase or sale of future shipments or deliver)*.
Its
weekly Issue, and with a satisfactory completeness
attempted by no other publication, the best Kssayo,
KeviewB, Criticisms, Taet, bketchea of Travel and
Discovery, Poetry, Scientific, Biographical, Histor.cal
and Political Information, from the entire body of
Foreign Periodical Ltterrture.
It Is, therefore. Invaluable to every American reader,
as the only fresh and thorough compilation of an
Co.,
Shipping and Commission Merchant
PRICE IN CLOTH:
THREE AND A QUARTER THOUSAND
amount of matter, with
consignments of
No. 134 Pearl Street,
U. 8. Cotton Crop and Movement, 1875-76.
European Movement (Ellison's Circular.)
In the world of the moat valuable literary and scientific
matter of the day, from the pens of the LEADING
&
C. Watts
Cotton—
Unapproached by any other Periodical
made on consign
advances
A. L. Richards,
and many
more than
Libera!
Hepkins, Dwight
Railroads of the United States.
Railroad Preferred Stocks.
Railroad Earnings.
and an amount
via gamine of slxiv-fuur imges, giving
Solicit
8 JN,
Immunity from Prosecution.
ana Short
ESSAYISTS. SCIENTISTS. CKIT1CS. DISCOVEREKS AM) K1UTOKS, representing every department
01 Knowledge and Progress.
Tax Litino auk (lu which Its o lv competitor,
M Evkby Saturday." « s ueen merged) U a
weekly
cotton.
Stme street, New York, and
Prices of State Securities. 1860-1877.
stantly increnslng success.
In 1877 it will furnish to i»p readers the productions
LEADING FOREIGN NOVELISTS,
3f
LIVERPOOL,
Interest Table,
Railroads and their Securities-
132d
r
purchase or sale of contracts for luture delivery
New
lations of Money in a Series of Years.
Tab!e Showing Ihe Rate Per Cent realized on
Securities Purchased at different prices.
Stock Speculation in New York.
Table Showing the Interest Cost of Carrying
volun.e,
the continued cominemiu.ion of the
best men and Journals of the country, and with con*
Of the foremost authors above-named
others: emhraclng the choices; Serial
Stories by the
Special attention paid to the execution of orders to
die
City.
Compound
New York.
31 Brown's Ruildlngs,
Investments of Financial Corporations in
State Debts and
enters
76 Wall Street,
AND
Principles Relating to Investments.
are represented In the pages of
1877,
wl'ti
Sc
~W.
Thackeray, Jean Ingelow, Ceoree
Stocks.
MacDonald, William Black, Anthony
TroIIope, Matthew Arnold, Henry United States Debt and Securities—
Kingsley, Francis Gallon, W. \V.
Debt of the United States.
Story, Anerbach, Ruskln, Carlyle,
Prices of U. S. Bonds, 1860 to 1877.
Tennyson, Browning, and many others, State Debts and Securities-
1,
SEAMEN'S BANK BUILDING.
No*. 74
nentB.
Prices in New York, 1871-1877.
Investments and Speculation—
.
Stillman>.
Cotton Factors
Influences on the Market.
York
Liverpool.
General Commission Merchants.
Prices of Gold in New York,
Foreign Exchange—
E.Gladstone, Dr.W. B.
Carpenter, Prof. Huxley, If .A I*ro<-tor, Trances Power Cobbe, The
Duke of Argyll, Jas. A.
Froude, Mrs. Mnloch,
JIr«, Ollphant, Kirs. Alexander, Miss
Littell's Living Age.
Wcodward &
Gold and Silver-
eminent
living authors, aucli as
Prof. J!ni Mnller, I*rot.
TyiKlall, Hi. Hon. W.
New York and
New
Prices of Silver in London.
of
old on commission In
and Domestic Receipts.
Production, Exports and Imports of Gold and
8ilver in the United States.
"CHOICEST LITERATURE
<:«>..
4c
FINLAY, MUfR Sc CO.,
CALCUTTA AND BOMBAY.
FUTURE CONTRACTS FOR COTTON bought nt
York, and Prices of Call
Loans and Commercial Paper since 1870.
Influences in
LAY
AND GLASGOW.
Messrs.
The Money Market-
Publications
Jan.
New York,
,
Alio execute orders for Merchandise through
—
$780,518 04
386,758 49
moat
Pearl St
Messrs. JA.TIRS FIN
United States
National Bank Figures; and
Currency Movements.
10
Firo Assets held in the U.S. .. $1,767,276 53
The above does not Include the Life and Annuity
Funds, which, by act of Parliament, arc In a distinct
and separate department, for which the surplus and
Ire Insurance Department, named
reserve of the
above, arc not liable.
C1IAS. K. WHITE,
SAM. P. BLADGEN,
Man'agkks.
lie
A 176
174
CONTENTS.
Liabilities, In-
cluding reinsurance in the U.S.
Net surplus in the United States.
'I
COMMISSION MERCHANTS*.
.
Retrospect of 1876.
mercantile Failures.
Banking and Financial-
4,618,6M 70
Invested and Cash Flro Assets. $8, 500,185
Subscribed Capital, for which the
Stockholders nre personally lia$9,545,054
ble, not yet c Hed in
DAY."-2V.
V
*Y
Co.*
GENERAL
Advances made on Consignments to
Called In and paid up Capital....
for total
8
1
&
Henry Hentz
1800.
IN
UNITED STATES BRANCH:
54 William St., Cor. Pine, New York.
Rewire
Cotton.
THE
Financial Review,
OF
iNCORrOllATKD
vn
New York.
0OMMI8SION MERCHANTNASHVILLE, TENNESSEE.
Special attention given to Spinners' orders.
Correspondence solicited.
HarKKKNoas.— Third and Fourtn National Banks
and Proprl Hors of Ths Chronicle
D. W. Lamkin
& Co
,
Cotton Factors,
VICKSBURG, MISS.
Orders to purchase Cotton In our market solicited
Refer to Messrs. NOKTON, SLAUGHTER * CO.
New York.
JOSEPH GILLOTT'S
Soil
STEEL PENS.Worli.
h all dealert throughout Ihe
THE CHRONICLE.
Tiii
J. S.
&
R. Smith
Co.,
COTTON
OEINNAN.
». O.
125 PEARL STREET, NEW YORK,
AND
Street,
Boston.
Liberal advances made on consignments. Prompt
forsonal attention paid to the execution of orders for
he purchase or sale of contracts for future delivery.
BANKERS
H.
Farley,
J.
COTTON FACTOBS,
'COMMISSION MERCHANTS,
AND
FINANCIAL. AGENTS,
132 Pearl Street,
P.
O Box
New York.
3,109.
Co.,
Robb &
f
GRINNAN A DUVAL,
1
Cotton Factors
J
ani> Commission
New
L
Merchants,
lork.
f
GALVESTON, TtXAS.
J
Transact a general banking business. Particular attention given to accounts of Banks and Bankers.
Advances made on consignments of Cotton, Wool
Hides and Grain.
Future contracts bought and sold on commission. In
New York and
Liverpool.
&
Ware, Murphy
Co.,
WALL STBEET
New
Of ''CONTRACTS FOR FUTURE DELIVERY" OF
COTTON
GOLD COIN, STERLING AND OTHER FOREIGN
EXCHANGE, GOVERNMENT AND CORPOKATION BONDS, STOCKS AND SECURITIES OF ALL
KINDS, bought and sold on commission. Accounts of
Mercantile Firms, Hanks, Hankers, and Corporations,
received; and Advances made to our customers when
desired, on approved securities. Including commercial
time paper received for collection, to such extent, and
In such manner, as may be In accordance with the
nature of their account*.
CORRESPONDENCE SOLICITED, to
ttentlon
qOTtlNGCER &
Pirn
Forwood
&
Co.,
GENERAL COMMISSION MERCHANTS,
BOX 61 3,
Orleans, I.:i.
P. O.
P. O.
New
BOX 4964,
New
York.
Execute orders for Future Contracts in New York
and Liverpool, and make advances on Cotton and
other produce consigned to
LEECH, HABBISON A FOKWOOD,
LIVERPOOL.
Also, execute orders for Merchandise In
England, China, Indlu and Singapore.
UNDERWRITERS IN NEW ORLEANS
for the
British
A-
Foreign Marine Insurance
Company
of Liverpool.
&
H. Tileston
Co.,
COTTON BUYERS & COMMISSION MERCHANTS
60 Stone Street, Mew York.
Orders
In
NEW TORE.
Orders executed at the Cotton Exchanges in New
York and Liverpool, aHd advances made on Cotton
and other Produce consigned to them or to their firm
abroad.
BABCOCK A
B. F.
made on
Liberal advances
&
Dennis Perkins
con-
62 EXCHANGE PLACE, NEW YORK.
JERSEY & CO.
Bliss & Bennet,
F.Wenman & Co
COTTON BROKERS,
No. 146 Pearl Street, near Wall, N.
Established (In Tontine Building)
Y
1841.
L. F. Berje,
COTTON BUYER AND COMMISSION MERCHANT,
N
E
W OBLEANS,
LA.
BLOSS & INCHES,
COTTON FACTOBS
MACAULAY.
82
A. J.
WILLIAM STREET,
MAOAULAY.
NEW
YORK.
Future Contracts for Cotton bought and sold on
Commission
T)ellvei>
Sawyer, Wallace
&
Co.,
C HTON FACTORS & COMMISSION MERCHANT
4T Broad Street, New York.
Walter
&
Krohn
in
New York and
Liverpool.
Robt. L. Maitland & Co.,
NEW YOKE.
Geo. Copeland,
COTTON BROKER,
36
PEA KL STBEET, NEW YOBK.
ISAAC SMITH'S UMBRELLAS.
Downtown Branches:
104 Broadway, Near Wall St.
77 I ulto
St., Near Gold.
i
BROADWAY.
135
Statement,
SHOWING THE
Company on the
day or July, 1877.
Condition or tlie
CASH CAPITAL
Reserve for Re-Insurance
Reserve lor Unpaid Losses and
Dividends
$3,000,000 00
1,834,003 10
NetSurplus
TOTAL ASSETS
SUMMARY OF
2C7,780 92
1,041,490 75
$(1,143,274 77
ASSETS.
Cub
In Banks
Bonds and Mort^a^es,
first
*417,5S4 33
Iteinir
lien
first
on
real estate (worth $4,041,500)
United States stocks (market value)
Hank Stocks (market value)
State and City Bonds (market value)
Loans on Stocks, payable on demand
(market value of seemi
B)
Interest due on :St of July, li!7
Balance in hands of Agents
Real estate
Premiums due and uncollected on Policies
1,932,868 00
2,731,000 00
2«
186,158
01)
127,83185
i
t,7,3S3 24
92,063 79
6,533 20
9,923 86
Issued at this office
Total
*6, 143, 274 77
CHAS.
II.
J.
MABTIN,
WASHBURN,
President.
Secretary.
JETNA
Insurance Company
OF HARTFORD.
INCORPORATED
Total Asset?, January
IN 1818.
$7,115,031 42
1877
$3,000,000 00
fund. ... 1,741,273 4~>
Capita]
Reinsurance
Unpaid losses
&
1,
other
claims
419,114
82—
5,170,388 24
NET bUR DLUS, Jan. 1877..$! ,945,236 18
BRANCH OFFICE:
COTTON FACTORS & COMMISSION MERCHANTS,
\o. 173 Broadway, New York.
No. 43 Broad Street, New York.
I,
JAS. A.
Edward H.Skinker& Co.
ALEXANDER,
Liverpool
COMMISSION AND COTTON MERCHANTS,
97 Pearl Street,
New
York.
COTTON BROKERS,
£3 BEAA'EB STBEET,
OFFICE, No.
GENERAL COMMISSION MERCHANTS
142 Pearl Street, New York.
Special attention given to the execution of orders
the nurchase or sale of Contracts for Future
Company
NEW YOBK.
Forty-Eighth Seini-Anniial
J.
Macaulay & Co.,
COMMISSION MEBCHANTS, COMMISSION
MEBCHANTS,
New York.
HOME
i
J. L.
GENERAL
GANGS OF RIGGING MADE TO ORDER.
19S FRONT STREET, NEW YORK.
BACKERS & COTTON" COMMISSION MERCHANTS
Manchester and Liverpool,
or
CORDAGE,
FOB EXPORT AND DOMESTIC USE
OF
Investment Securities bought and sold. Orders exe
cuted at the Cotton Exchanges In New York and Llrer
pool. All Business transacted Stbictly on Cojimis
bion, so that no interest of our own can possibly
conflict with that of our patrons.
A TABBED
J I'TE
Insurance
New York.
R. M. Waters & Co.,
56 BBOAD ST., NEW YOBK.
HOUSES IN
121 Pearl Street,
MANUFACTURERS OF
MANILA, SISAL,
Co.,
COTTON BROKERS,
COMMISSION MEBCHANTS,
CO.,
Henry Lawrence & Sons,
order*
contracts for future
Futures executed at N. Y. Cotton Exchange
Knoop, Hanemann & Co
OF.
he execution of
signments.
Tames
Co.,
Miscellaneous.
COTTON EXCHANGE BUILDING,
117 Fearl Street,
&
60 Wall Street, New York.
MERCHANDISE DEPARTMENT.
LIVERPOOL.
GENERAL COMMISSION MERCHANTS
delivery of cotton.
BULB
''
PARIS.
CO.,
Babcock Brothers
AND
Special attention paid to
Litton
BANK, LONDON, anl
or Exchange on the CITY
Cotton Factors
for the purchase or sale of
Speclalf-
aid to purchases or sales of " Cotton Futureo
which prompt
always given.
Is
York.
Advances made on Consignments.
Advances made on Consignments.
Special personal attention to the purchase and sale
Peet,"
BANKERS AND COMMISSION MERCHANTS,
No. 58
I
&
&
GENERAL COMMISSION MERCHANTS,
118 PEARL STREET,
I
K. W.
ALPHONSK LAUVI
DCViL.
Grinnan, Duval
COMMISSION MEBCHANTS,
44 Broad
Cotton.
Cotton.
Cotton.
B.
Vol XXV.
H.
215
J.
Baker
&
Bro.,
PEARL STREET, NEW YORK
IMPORTERS AND MANUFACTURERS OF
Prluie Quality Chemical Manure
Chemicals for the Vllle formulas, for all Crops.
Chemicals for the Stockbridge formulas.
Dissolved Bone— Sulphate Ammonia, Nitrate PotaBb
Nitrate Soda, Sulphate of Potash, Muriate of Pot-ash
Super-phosphate Lime
40 per cent actual Potash.
Also, strictly pure ground Bone.
Our descriptive circulars mailed free. The materia
i«r special fertilizers for particular crops.
London
Agont.
&
& Globe
Lnsurance Company,
45 William
St
Assets
In the U.
S.,
$3,000,000
@FedFRASER