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HUNT’S
THE
REPRESENTING
MERCHANTS’
INDUSTRIAL
VOL 25.
AND
COMMERCIAL INTERESTS OF THE UNITED STATES.
SATURDAY, OCTOBER 27, 1877.
C O N T ENTS.
THE
The Criticism of Financial Carelessness
:
T he Ohio & Mississippi Railroad
Controversy
THE
|
Commercial
News.
Money Market, U. S. Securities,
Railway Stocks, Gold Market,
Foreign Exchange, N. Y. City
Banks, National Banks, etc
THE
and
Miscellaneous
396
.
BANKERS’
GAZETTE.
I Quotations of Stocks and Bonds. 399
( Investments, and State, City and
397
j
Corporation Finances
405
COMMERCIAL TIMES.
Commercial Epitome
409 I Dry Goods
Cotton..
409
413 |
BreadstnSs
413
Imports and Exports
414
Prices Current
415
$\)t dHironicle.
and
Financial Chronicle is issued
day morning, with the latest
news up
to midnight of
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t
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Special Notices in
Banking and Financial column 60 cents per line, each insertion.
WILLIAM b. DANA,
JOHN G. FLOYD, JR.
\
1
j
NO. 641.
a
CHRONICLE.
I Latest Monetary andlCommercial
391 |
English News
393
392
The Commercial
MAGAZINE,
WILLIAM B. DANA & CO., Publishers,
79 & 81 William Street, NEW YORK.
Post Office Box 4,592.
A neat file-cover is furnished at 50
cents; postage on the same is 18
Volumes bound for subscribers at
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IST’ For a complete set of the Commercial and
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July, 1865, to date—or of Hunt’s Merchants’
Magazine, 1839 to 1871, inquire
at the office.
cents.
•
PF" The Business Department of the Chronicle is
represented among
Financial Interests in New York
City by Mr. Fred. W. Jones.
THE CRITICISM OF FINANCIAL
CARELESSNESS,
Since the
discovery of the
consequence of
the extended use of credit and
the enormous increase in the volume and
rapidity of
business transactions.
Three agencies have
mainly
wrought this change—the railroad, the telegraph and the
clearing house, the latter being an instrument made
necessary by the system of balancing and the use of
paper representatives of property in transfers. Even
the gray heads that have seen these
changes can hardly
realize their effects, in
looking back over the last twentyfive years. The
telegraph alone has utterly revolution¬
ized business methods, so that we
buy and sell, in New
York, against London and Paris prices of the same hour,
and thus deal in world-wide markets.
if it may be so called, is
This
universality^
accompanied by an increased
intensity and rapidity, the reduction in the margins of
profit having to be made good by having transactions
swifter and on a larger scale than
formerly, because the
old possibility of a
large profit on a single shipment, w$h
the methods of which that was
typical, no longer exists,
of course speaking in a
general way. The stage coach had
to yield, and the
point now is that these changes are
irresistible; like them or not, business men must fall into
the modern ways.
Credit—using the term in its large
sense—is explosive, and so is steam, but no man or set
of men is strong
enough to resist the us6 of either.
Whether these modern agencies are on the whole an
advantage to mankind, or whether they are a
stumbling block over which mankind must pass in the
course to the better condition
hereafter, or, on the other
hand, are hurtful because their management is not yet
learned, is not in point to consider; it is enough to
recognize the fact that the conditions of business have
vastly changed, and in the direction of easier con.
fidence.
To this must be added a proper
forgeries which have re¬
recognition of the
upon the innocent, so painfully peculiar experience of the last fifteen years, and
partic¬
impresed the public mind and pointed their own ularly since 1873. The test has been
unparalleled, and
moral, there has been, as usual on such occasions, not a whoever has felt trials in his
private business should un¬
little sharp critisism of the
management of financial derstand that the last four years have been years of
institutions for the carelessness which
permits^any for¬ peculiar trial to bank officers. Their seats have not been
geries to be successful ; and in one case we see that cer¬
easy;
between a nominal money market, shrinking
tain unnamed stockholders
weakly threaten to make a assets, failing customers, war taxation scarcely dimin’
test case and
attempt to fasten personal responsibility ished, and the increased pressure to pay dividends some¬
upon the officers of the institutions which were
late losers how, they have been, not between two fires, but between
by the altered collaterals.
several.
They have been always fallible—although this
In a
general way such criticism is never
quite un¬ may have been somewhat forgotten in times of unbroken
timely, but at the same time it is extremely
important to prosperity; sometimes mistaken, rarely dishonest or
guard against
being too sweeping, losing sight of the qual- negligent, and it is only fair to bear testimony to the
lfying considerations or failing to make the
necessary dis¬ faithfulness and success of the bank officers in this city,
criminations. In the first place, it. should he remembered while whoever condemns
them sweepingly, wrongs and
that the
very case of confidence which is criticised is itself weakens criticism itself
by misusing it. Furthermore
cently, in their effects
392
THE
CHRONICLE.
[Vol. xxv.
banking have been forced to change, practical control of the Ohio & Mississippi through
like those of other business.
The bank officers who the receiver, the degree and effects of that control being
now one subject of disputation.
The Baltimore partyshould persist in holding a slow and minute session
about each particular loan—as could have been the prac¬ using this designation for convenience sake—had the
tice forty years ago—would be themselves displaced, or majority and control in the board of directors, and, on
the day before the meeting, chose—in what is charged by
else the bank would be pressed out of business. It is no
“the New York party” to have been an illegal and ‘im¬
longer possible to give personal attention thus to details;
they must be delegated, and the subdivision of work— proper manner—one of their own side to fill a temporary
indicated to anybody who ever notes the different desks vacancy, and also, on the following day, still wrongfully
as alleged, fixed their majority and control by
choosing
in a large Jbank—is a necessity.
The matter of
their own men to fill terms then expired.
Securing
collateral loans, for example, is in charge of a subordinalso their own chairman, they excluded the votes of the
ate, and it is physically impossible for bank officers to
New York men, in pursuance of a resolution previously
personally scrutinize the collaterals offered; to do that
would compel them to delegate seme more responsible passed, on the ground that proxies would not answer,
the methods of
■
:
work. Of course, this statement is a
of
the
responsibility,
and the carelessness, what¬
shifting
ever it was, rests upon the subordinate; but the bank
part of their own
and that
no
votes
should be received unless accompa¬
by the presentation of the stocks and bonds. The
New York men protested against this ruling, as well as
officer cannot do his work for him—all he can do is to against the legal right of the chairman and the in¬
spectors of election to act as such ; but the inspectors
select him judiciously and then trust him reasonably.
Then, again, the officer of a financial corporation, of threw out all votes except those cast by Mr. Robert Gar¬
necessity, trusts largely to the reputation of the partic¬ rett, who cast 32,590 upon bonds which he'produced
ular customer. The merchant ships goods at wholesale and upon certificates of stock which had been simply
to his customer without any ponderable or tangible transferred in blank, and Messrs. Whitewright, Scar¬
security; he has not the goods themselves as security^ borough, Meier and Iselin, for whom he voted, were de¬
clared elected. The chairman then declared the meet*
as when one advances on a bill of lading, holding that
as collateral; he trusts
entirely to the substance and ing adjourned, whereupon the Baltimore men withdrew,
honor of his customer. The bank discounts the custom¬ and the New York men, claiming that no legal meeting
er’s bills of credit for him, largely upon the like trust in had been held, remained in the room and proceeded to
hold one. They elected, by 170,636 votes, representing
him, never for a moment suspecting that the accept¬
ance, offered. by one long
known and respected about seventeen millions of stock and bonds, Messrs.
for his supposed honesty and integrity, is forged. Griswold, Manice, Ashley, and Crawford; reduced the
Goods are shipped, securities are transferred, money is number of directors from eleven to nine, under the laws
loaned, in New York every day without longer weigh-, of Indiana, and filled the remaining five places ; passed
resolutions denouncing the proceedings of the Baltimore
ing of the matter than one gives to his order at a
restaurant for dinner, wholly upon faith in the individual party and proposing to assert the right of the directors
concerned. We think we know him well enough to just chosen to act as such, and adjourned.
So far as this there is no dispute as to the facts, but
trust him; if he offers collateral, we assume it to be what
it seems to be; if he asks any sort of credit without any the New York party charge that a directors’ meeting
security, we assume that he is good. Touch the circles was held in the same room at an earlier hour and pur¬
of moving business anywhere, and it will be found that posely prolonged so as to exclude all but the Baltimore
faith in men is woven through and through them. A people; that when they obtained admittance, a few min¬
little reflection shows that this could not be otherwise; utes after the hour set, they found the stockholders’
for if nobody fulfilled any obligation which he could meeting already organized and the election in progress;
evade, or respected any undertaking which could not be that their protests were disregarded and they wereproved upon him in a court, and if no creditor could denied a hearing; that the registry book was kept
from their sight; that the votes cast by Mr. Garrett
get his pay until he took it at law out of the debtor’s
were illegal even under his own rule; that the rule
property, the social system would be disrupted.
This trust is sometimes mistaken, but rarely; even itself was sprung on them in order to exclude votes
which could be overcome in no other way ; and that the
among the stock speculators—who are reckoned a loose
and conscienceless class by the general public—to be whole was a prearranged plan to prevent the opposition
unfaithful to an obligation, even to hasty and unrecorded from acquiring any participation in the affairs of the
ones, is a rare occurrence.
Trust is too easy—in some road. It is further asserted that the proxies held by
the New York men were all procured within two weeks
way it ought to be made slower, more restricted and
safer; all this we have* often urged. But it is neither before the meeting, but that several thousand of the
just nor wise, when a mishap occurs and trust is blank-transferred shares voted by Mr. Garrett were
Here the
betrayed, to sweepingly condemn as especially careless borrowed in the street for the occasion.
matter rests for the present, the Baltimore party re¬
what ordinarily meets general acquiescence.
maining in possession and contenting themselves with
THE OHIO & MISSISSIPPI RAILROAD CONTROVERSY.
acting on the defensive. The New York men, on their
The proceedings at the meeting of stockholders of the part, propose to be aggressive.
They have proceeded,
or
will
immediately proceed, to test the validity of
Ohio & Mississippi Railroad in Cincinnati, on the llth?
their ticket and ascertain who are the legal directors
were so fully sketched in our news columns last week
that we need do no more than present a summary of the and officers, in the United States Circuit Court; mean¬
successive steps. As is well known, the road has been in while, they have applied to the Stock Exchange not to
a receiver’s hands since November 17 last, Mr. Daniel
recognize as a good delivery any certificates signed by
Torrance, its former President, and Mr. John King, other officers than their own, and the request is before
Vice-President of the Baltimore & Ohio, being then the proper committee.
Although the questions whether the course at the
appointed receivers; and as the former was afterwards
removed, the Baltimore road has since retained the meeting was s plot and the New York people were pur.
nied
October
THE
27,1877. J
CHRONICLE
393
posely kept out until after organization—together with Cateat fllonetarn
other disputed matters of fact—are important, they
are not the most essential questions at issue, and we pass
them without discussion.
Yet the whole forms a signal
illustration of the impolicy—which we have before this
time criticised—of having such a secrecy and autocracy
in railroad management that the proxy falls into abuse.
Here, for instance, was one man casting some 30,000
anil Commercial
<Snglist) Nero*
some
RAT ECS OF BKCHi^GB AT LONDON AND ON
LONDON
AT LATEST DATES.
EXCHANGE AT LONDON—
OCTOBER 12.
ON—
for
that when only
election, plots
a
handful of
Amsterdam...
Antwerp
book.
an
right to vote, either personally or by proxy; if that book
was hidden, the
hiding is presumptive evidence against
those who hid it; if the book has not for a
long time
been written up>, as is alleged, the fact makes the con¬
fusion greater, and gives force to the
argument that
registry ought to be regularly published and always
open to inspection, as we have before this urged.
Upon
this part of the case,
therefore, unless the presentation
of the facts can be
successfully impeached by them,
the Baltimore party are
certainly in tlie wrong.
The merits of the
struggle for possession of the road
are another matter.
The earnings are stated to be now
in excess of the fixed
charges and to be on the increase
12.2
K
Paris
Paris
20.73
25.2u
fti
Berlin
20.73
20.73
44
....
Milan
Genoa
NaDles
Madrid
New York
Rio de Janeiro
4ft
ftft
4ft
44
•
•
Valparaiso
•
•
..
Bombay
•
30
Calcutta
Hong Kong...
•
•
•
•
28.07H@28.12tf
28.07tf@2S.12tf
23.07tf@-'8.12tf
.j
•
•
4ft
Oct. 12.
short.
25.23#
3
44
mos.
short.
(4
44
Oct.
8.
•
•
•
3 mos.
119.20
20.46
20.46
23 15-32
....
—
•
Oct. 12.
short.
....
•
Oct. !0.
Oct. 12.
Sept.
3
•
....
LFrom
our own
Oct. 11.
Oct. 10.
Oct. 9.
Oct.
9.
t
mos.
(4
t
47.90
4>1
21#
41 #@42
21#
Is. 9 Il-I6tf.
44
6 mos.
44
Is.
3s.
5s.
ftft
ftft
2.
Oct.
t
27.40
•
9. 90 days.
44
Is91-16<2-1 93*16
•
60 davs.
Sept. 14.
3*. 10H<*@3. 11.
5s. 3tfd.@5s 3#
3s. 10tf tf@3. 1!.
Is. 9# d.
44
12.12
25 25
20 4ri
%4
51}* @51#
ftft
44
EATS.
3 mos.
....
*.«•••
days.
•
short
4ft
•
4%
Mauritius
Batavia
Oct. 12.
47tf@47>4'
46tf@4btf
•
4ft
Shanghai
Singapore
Alexandria...
@20.77
@20.77
<@22#
....
....
Pernambuco
22
4ft
90 days.
3 months.
TIMS.
@20.77
@25.50
@2545
12.27tf@12.32H
44
Frankfort
St. Petersburg
Cadiz...
Lisbon
@12.2
LATEST
DATS.
25.4<tf(@25.47tf
short.
3 months. 25.40
Vienna
and
That book alone could show who
possessed the
short.
3 mouths.
Hamburg
persons
counterplots have
an
opportunity all ready at hand ; second, that
the indifference, or the despair about effecting anything,
on part of the stockholders, which induces them to dele¬
gate their votes to almost anybody wTho asks for them,
is a sharp condemnation of the way corporations are
managed. Whether it was necessary that the securities
should be produced in order to carry voting power, wre
need not take time to discuss; if anything is notorious
and settled, it is that the stockholder of record is the
stockholder in law and fact, for voting
purposes; and
hence the certificates transferred in blank, if voted
upon
by Mr. Garrett, whether borrowed or not, were waste
paper as respects voting, dissociated from the registry
meet
RATE.
*
votes, and several others casting 170,000, at a meeting
of perhaps a score of persons. Admit that this repre¬
sentation was honestly obtained, and two things are ap¬
parent : first,
TIMS.
EXCHANGE ON LONDON.
9tf
10tf d.
5# cf.
4s. 0d.
.
....
Ang. 27.
6
Oct. 10.
3 mos.
,
,
,
.
11/. 92tf c.
mos.
95#
correspondent.!
London. Saturday, Oct. 13, 1377.
The more prominent feature to be referred to this week
is the
advance in the Bank rate of discount to 5
per cent.
The change
by no means unexpected, as the position of the Bank has
steadily deteriorating of late, while the proportion of
reserve to liabilities has
declined to 35*49 per ceut.
The Bank
return published this week
presents at least one remarkable
feature, viz., that, at a time when money is rising in value, the
was
been
discount business of the Bank is
diminishing, there being a re¬
duction of £564,961 in the total of “other
securities.” Of course,
it is difficult, if not
impossible, to know of what these “other
securities” consist, and the diminution in them
may arise, not out
of any falling off in the commercial demand for
accommodation,
but out of the fact that the Bank has for some
time past been a
holder of certain sound
securities, which circumstances have
compelled them to place upon the market. It is a matter for
regret that the securities of the Bank of
England,
well as of
the increase in
the total of “other
securities,” compared with last year, has led
to the belief that there had been some
improvement in trade ; but
it is now feared that that
opinion was delusive, and that the in¬
other
banks,
crease was
are
undefined.
For
some
as
time past
due to
the investments of the idle
money held by the
The road itself is neces¬
Bank in, say, the preference and debenture stocks of
British and
sary to the Baltimore & Ohio as forming, with the Mar¬
Indian railway companies, and which are now
ietta & Cincinnati, its
beiug realized.
through line to St. Louis. Con¬ Only in this way can this week’s decrease in “other
securities” be
cerning Mr. King’s management of it there is a divided accounted for, and we are led to the conclusion that the state of
as
compared with last
opinion,
year.
members of the New York
party believing
giving to the Baltimore
Ohio a dispropor¬
some
that he is
tionate share of the
that he will or
item of “other securities” at the Bank of
England cannot
relied upon as a guide to the state of our
commerce.
The Bank has lost this week a sum in
gold
be
amounting to £692,earnings, and others only fearing 882, but as there
has been a falling off of £403,984 in the circu¬
may do so hereafter.
But the question lation of notes and bank
post bills, the total redaction in the
of
management is not the one at issue and may be reserve does not exceed
£290,047. The proportion of reserve to
waived. The New York men
say that they desire and liabilities, however, amounts to only 85*49 per cent, against 87T1
demand a representation on the
Board, to which their per cent last week, and 54*51 per cent last year. It is evident
that the position of the Bank has receded to a
possession of voting power entitled
point which re¬
them, and went to
Cincinnati to get it, but were cheated out of it. If quires careful observation ; but as we may be Bure that the
directors of the Bank will advance their rates of
discount rapidly
they are right in their statement of facts, their
right to in order to protect their position, the buyers of gold for expor¬
representation is not open to dispute. If the
minority tation may be expected to exercise some additional caution, and
ln
power exclude the
majority, the management of the limit their purchases materially. In addition to this renewal of
minority ceases to be the question, If they are man¬ a cautious policy, the present rate of discount should attract
supplies of gold from several quarters, and it is hoped, there¬
aging well, they need not fear participation
by others; fore, that before long a
if ill,
steady improvement in the position of the
they deserve to be supplanted; but no merits of Bank will be
witnessed.
management can be admitted in justification of
The demand for
excluding
money daring the week has been upon a very
the rightful owners of
the property from
moderate scale, and in the
open market the rates of discount are
participation
in
its control.
as
follows
:
Bank rate..
lonisiana
State l)ebt.—A New Orleans
press despatch says
that a syndicate of
eminent financiers in
Europe
have proposed
to loan the
State of Louisiana
$12,950,000, with which the State
must call in and
p
off her present debt at par, with interest
tue date of
retirement. The State mustr then issue the same
ount of bonds
to the syndicate,
bearing 5 per cent interest,
lucipal and interest made
payable in forty-five
pay
years.
Open-market rates:
30 and fiOtUys’ bills..
3 months’bills
Per cent. ]
5
j
f
4# @4#
J
The rates of interest allowed
discount houses for
deposits
are
Joint-stock banks
Discount houses at call
Discount houses with 7 days’ notice
Discount houses with 14 days’notice
Open-market rates:
.
Fer cent.
4 months’ bank bills
4tf@5
6 months’bank bills
5 @5tf
4 and 6 months’ trade bills. 5
@5#
by the joint-stock banks
subjoined :
and
Per cent.
4 @
4 @
...
CHRONICLE.
THE
394
Annexed is
a
statement
showing the present position of the Bank
England, the Bank rate of discount, the price of Console,
for English wheat, the price of Middling
Upland cotton, of No. 40’s Mule twist, fair second quality,
and the Bankers* Clearing House return, compared with the
four previous years:
of
the average quotation
1877.
1876.
1875.
1874.
1873.
bank
notes and
Coin
9,405,826
7,861,036
coin
and
bullion
10,789,206 19,999,772
in
both departments.... 19,722,891
Proportion of reserve
to liabilities
Bank-rate
Consols
English wheat,av. price
Mid. Upland cotton....
92*
92*
61s. Od.
9*d.
44s .8d.
No.40e>, mule twist,fair
8d.
cent,
Open
market,
percent.
Paris
Amsterdam
2
3
2
3
Hamburg
5*
4*
4*
4*
4*
rate,
..
Berlin
Frankfort
Vienna and Trieste..-..
5*
5*
4*
Madrid, Cadiz and Bar¬
celona
Lisbon and Oporto...
St. Petersburg
8
5
6
6
Bank
Open
market
rate,
$ cent, per cent
2*
2*
and
5
Leipzig
Genoa
Geneva
New York
I Calcutta
.
4
5J4
4 Yt
5
5
3*
3*4
6@7
10
Copenhagen
5
...5
4*
6
follows:
per oz.
per oz.
Spanish Doubloons
standard.
standard.
per oz.,
South American Doubloons
United States Gold Coin
nominal.
per oz.
peroz.
per oz.
German Gold Coin
Gold
....
d.
d.
SILVER.
Bar Silver, Fine
Bar Silver, con’ng 5 grs.
Mexican Dollars
d.
s. d.
77 9yt® ....
77 11
@
74 6 @ ....
73 10 @ ....
76 5 @ 16 6
76 3*®
s.
GOLD.
Bar Gold, flue
Bar Gold, reflnable
1st mort. Trustees’ certificates
2d
do
do
3d
do
do
per oz.,
per oz.,
per oz.,
Spanish Dollars (Caroms)
Five Franc Pieces
nearest.
“
la-t price.
per oz.
peroz.
54*
5”)*
(©
@
54
@
©
@
...
....
@ 96
@ 26
@ 13
5*@
.
Do
Do
Do
24
11
....
94
23
11
6*
105
93
do
Frankfort Commit’e
Receipts,
....
...
...
....
....
Quicksilver, £7 10s. Discount, 3 per cent.
The advance in money has had a beneficial effect upou the
the exex¬
Do.
Do.
!880
92
98
40
40
14*
18
16*
27
25
*24
42
26
44
23
23
22
42
44
42
82
79
95
80
74
94
42
60
77
93
6
25
25
© 85
15
17*
©
11*© 15*
©
©
@
©
©
©
©
25
25
24
44
41
62
76
© 96
.-..©
57
@ 59
57
!16*@117*
106
*27
24
30
@103
@ 29
@ 26
@ 31
101
yl
@ 93
fund mort. 6s
190-5
Philadelphia & Reading $50 shares
Pittsburg Fort Wayne & Chicago equipment
bonds (guar, by Pennsylvania R. R. Co.), 8s
100
1889
1898
102
103
Union Pacific Land Grant 1st mort, 7s
Union Pacific Railway, let mortgage, 6’s
25
13
U*© 12*
@ 27
@
@
@
@
©
@
©
©
@
©
©
@ 88
©
17 © 18
67 © 69
105 ©10S
93 © 95
91 © 93
96 © 98
30 © 40
30 © 40
@
@
30 @
30 @
13*@
16 @
15*@
25 @
_
x coup.
1st mort., 6s
consol. sinK’g
20
83
© 25
@13
© 6
..
@106
@ 95
90
96
0
20
© 96
86
16*@ 17*
66 @ 68
Illinois Central, $100 shares
Lehigh Valiev, consolidated mortgage, 6s
1923
Marietta & Cincinnati Railway, 7s
1891
Missouri Kansas & Texas, 1st mort., guar, gbld
bonds, English, 7s
19C4
New York Central & Hudson River mortg. bonds.7
New York Central $100 shares
Oregon & California, 1st mort., 7s
1890
5
23
11
@ 26
@ 13
5*@
Pennsylvania, $50 shares
have
been unimportant. Sovereigns, however, have been in request
for transmission to Egypt, and the arrivals of bar gold have been
absorbed by the Continental or German demand. The inquiry for
America for eagles has been checked partly by the advance in
money, and partly by the rise which the Bank of England has
announced in the selling price. Silver is cheaper, the demand
having abated very considerably. The quotations for bullion are
Since the rise in the Bank rate, the bullion operations
now as
«
94
21
11
@ 88
@ 65
46s. 3d. 55^. lid.
5*d. 6 ll-16d.
Rome
Albany & Susquehanna cons. mort. 7s, Nos.501
to 1,500, inclusive, guar, by Del.&Hud.Oanal. 1906
Atlantic <fc Great Western 1st M., $1,000, 7s...1902
2d mort., $1.000,7s..1902
Do
Do
3d mort., $1,000
1902
86
55
5 p. c
95*
Turin, Florence
AMERICAN DOLLAR BONDS AND SHARES.
(guar, by Pennsylvania & No. Cent.Railway). 1911
2 p. c.
96*
Brussels
58
30
32
60
Burl. Cedar Rapids & No. RR. of Iowa, 1st mort..
Central of New Jersey shares
Central of New Jersey, cons, mort., 7s
1899
Central Pacific of California, 1st mort.. 6s
1896
Do Califor.# Oregon Div.lst mort.gld.bds,6s.l892
Do Land grant bonds
1890
Del. & Hud. Can. 7s
Detroit & Milwaukee 1st mortgage, 7s
1875
2d mortgage, 8s
Do
1875
Erie $100 shares
Do reconstruction trustees’ assessm’t, $5 paid..
Do
do
$4 paid.,
Do
do
$3 paid.,
Do
do
$2 Daid.
Do preference, 7s
..
Do convertible gold bonds. 7s
1904
Do reconstruction trustees’ certificates, 7s
Galveston & Harrisburg, 1st mortgage, 6s
1911
the current rates of discount at the leading
Bank
New funded 6s
Oct. 6.
© 35
@34
© 62
©35
@35
@ 60
9,431,126
lOd.
10*d.
10*d.
Is. l*d.
10*d.
quality
Clearing House return.110,067^000 103,196,000 111,223,000 60,914,000 93,177,100
The following are
cities abroad:
33
6*
@ 25
@ 25
@ 85
Is.
Is. 0*d.
0*d.
2d
;
20
20
83
35*49 p. c.
45s. 10d.
6*d.
6s*
Atlantic Mississippi & Ohio, Con. mort., 7s
1905
do
Committee of Bondholders’ ctfs
Baltimore & Potomac (Main Line) 1st mort, 6s. 1911
do
(Tunnel) 1st mortgage, 6s,
54*51 p. c.
3*p. c.
94
4 p. c.
6 p. c.
Oct. 13.
30
5,039,600
21,177,375
15,718,604
19,064,149
34,095,522 22,783,316
22,056,256 25,025,321
Do
Do
28,716,855
post-bills
Reserve of
Redm.
Virginia stock 5s
£
£
£
£
£
27,315,415 23,058,431 29,673,841 29,511,910
Public deposits
4,125,835- 6,181,234
4,316,070
3,957.287
Other deposits
20,431,505 21,497,749 26,051,022 30,003,658
Government securities. 13,231,229 15,340,156 16,551,095 18,202,925
Other securities
21,801,732 19,206,267 23,927,225 16,018,786
Circulation—including
fol. xxv.
....
© 59
116*©*’7*
106
27
©108
29
101
91
16
© 29
© 26
© 30
©103
© 93
© 17
@102
@’64
@105
99
102
104
©101
©104
©105
@ 94
91
© 93
24
@103
16*@ 17*
AMERICAN STERLING BONDS.
Allegheny Valler, guar, by Penn. R’y Co
1910
Atlantic & Gt. Western consol, mort., Bischoff.
certs,
(a), 7s
92
.1892
;
Atlantic & Gt. W. Re-organization 7s
1874
Atlantic & Gt.W., leased lines rental trust, 7s. 1902
Do
'
do.
do.
1873,78.1903
Do.
do.
Western exten., 8s
1876
Do.
do.
do. 7s, guar, by Erie R’y.
Baltimoie & Ohio, 6s
*1895
Do
6s
1902
Do.
6s
1910
Burl. C. R. & Minn., 7s
’.
1902
Cairo & Vincennes, 7s
.=
1909
-
Chicago & Alton sLerling consol, mort., 6s.
1903
Chicago & Paducah 1st mort. gold bonds, 7s...1902
Cleveland, Columbus, Cin. & Iud. con. mort...1913
Eastern Railway or Massachusetts, 6s
1906
Erie convertible bonds, Ws
1875
...
Do. 1st cons, mort., 7s
1920
Do. with reconstruction tru-tees’ certificates of 6
coupons
Do. 2d cousol. mort. 7s
Do. reconstruction trustees’ certificates, 7s
Gilman Clinton & Springfield 1st M.. gold, 7s.
Illinois & St. Louis Bridge 1st mort., 7s
Do.
do.
2d mort., 7s
1894
—
@
....©
....©
c6 @ 40
16 @ 19
25 ©30
25 @ 30
105 ©108
...
....
....@
36 @ 40
16 @ 19
25 © 30
25 @ 30
...
106
106
103
....
@108
@108
106
10c
@108
@110
....©
SO @ 30
107*@103’/t
@110
...@
© 30
@103
..©
91 @ 93
...@
81 @ 63
SI @ S3
...
....
20
107
.
....© ....
© 93
,.©
SI © 83
61 @ S3
...
91
...
78
@ SO
43
© 45
43
45
65
95
56
95
@
55 @
93 @
53 -©
93 @
.
78
43
43
55
93
5J
93
106
94
..
© 80
© 45
@ 45
© 65
@ 95
@ 69
@ 95
@103
© 96
@ ...
changes, and unless the Bank of France should raise its rate of
..1900
1900
discount, we shall probably be attracting gold from Paris. The
German money markets, however, keep dear, and there is still Illinois Central, sinking fund, 5s
1903
Do.
6s....
1895 106 @108
a moderate inquiry for drafts on Berlin, Frankfort and Hamburg
Do.
5s
...1905
94 @ S6
1891
@
A prominent feature in the exchange market, this week, has been Ill. Mo. & Texas 1-t mort:, 7s.
93 @100
93 @100
Lehigh Valley consol, mort., 6J, “A”
a heavy fall in the value of Russian paper.
92 @ 94
92 @ 94
1902
Yesterday, business Louisville & Nashville, 6s
103 @105
Memphis & Ohio 1st mort. 7s
1901 104 @106
was done at the low price of
21fd., and the closing price Milwaukee & St. Paul, 1st mort. 7s
97 © 99
93 ©100
1902
York & Canada R’way, guar, by the Dela¬
was 22d.
Two years ago the quotation was 32d.
This week’s New
92 @ 94
ware & Hudson Canal, 0s.
92 © 94
1334
rates are the lowest on record, and as long as the war lasts and
N. Y. Central & Hudson River mort. bds., 6s..1903 110 @112
lil @113
85 © 87
Northern Central Railway consol, mort., 6s. ...1904
85 © S7
so much commercial and financial distress exists throughout the
Panama general mortgage, 7s
106 @108
1897 103 @105
20 © 30
20 @ 30 '
Paris & Decatur
1892
Russian Empire, any immediate improvement seems impossible.
104 @106
Pennsylvania general mort. 6s
1910 104 @106
Business on the Stock Exchange has been without any striking
93 @ 94
Do.
consol, sink’g fund mort. 6s
93 © 94
1905
Perkiomen con. mort. (June ’73) guar, by Phil.
feature; but the market for American securities, without being
62 @ 61
& Reading, 6s
62 © 64
1913
99 @101
active, has been firm in tone, and in several instances a further Phil. & Erie 1st mort. (guar, by Penn.RR.) 6s.. 1881 99 @101
99 ©101
99 ©101
Do.
with option to be paid in Phil., 6s
rise in prices has taken place.
86 @ 88
The market here appears to have Phil. & Erie gen. mort.(guur. by Penn. RR.)6s.l920 86 @ 88
100 @102
1911 100 @102
been chiefly influenced by operations conducted in New York. Phil. & Reading general consol, mort. 6s
'86 © 88
Do.
86 @ 83
imp. mort., 6s
1897
68. @ 69
Do.
Continental stocks have, for the most part, been weak. To¬
gen. mort., 1874, 6’s.....
67 @ 69
59 © 63
Do.
do.
x all
5S*@ 69*
morrow will be an important, if
not a momentous, day in Pittsburgh & Connellsville Con. Mort. Scrip,
99 @101
•) @101
guar, by Baltimore & Ohio IiR. Co.. 6s.
France, and the result of the elections is naturally awaited with South
86 @ 89
& North Alabama bonds, 6s
*
90 @92
much anxiety. The electoral contest is unquestionably a severe
68 @72
63 @ 72
..1838
one, and seems to have resolved itself into one between the
99 @101
..1896 100 @102
108 @110
..1894 103 @110
clerical party and the people.
103 @110
Do.
..1901 103 @110
do.
do.
do.
6s.
The following were the closing prices of consols and the
* Ex 6
coupons, January. 1372, to July, 1874, inclusive.
principal American securities at to-day’s market, compared with
Applications are invited by Messrs. Morton, Bose & Co. for
those of Saturday last:
Oct. 13.
Redm.
Oct. 6.
$1,500,000
in 5 per cent bonds of the Chicago Burlington and
Consols
95*©95*
95*© 95*
188! 109 ©110
United States
The issue is made for the purpose of
109*©110* Quincy Railway Company.
Do
5-20
105 @106
1885 105 ©106
the
for
reimbursing
company
the purchase of the first mortgage
U. S. 1867, 6s
1887 107*@108
107*@107*
Do funded, 5s.....
1881 105*@106* 106*@107*
bonds of the St. Louis Rock Island and Chicago Railroad, the
.
....
•
•
•
•
.
...
...
...
Do 10-40,58
Do landed, 4*s, issued at 103*
Louisiana Levee, 8s
Do
6s.
Massachusetts 5s
58
Do
.
Do
Do
Do
Do
5s
5s
5s
53
1904
1875
1888
106*@107*
104*@104*
42 @ 52
42 © 52
105
105
105
105
105
105
@107
@107
@107
@107
@107
107
104
42
42
105
107
107
107
107
107
@107^
@104}4
@ 52
@ 52
@107
@109
@109
@109
@109
@109
bonds of which company are
deposited
as
security, the line being
by the Chicago Burlington and Quincy Company for
$175,000 a year. This will give a surplus of $50,000 beyond the
interest on the present issue, which with the accruing interest
will be applied as a sinking fund, and extinguish the bonds
within 25 years.
The price of issue is 89£ Per cent., or £179 per
leased
October
THE
27,1877.2
CHRONICLE
bond. Oa receipt of the allotment letter £20 per bond is
payable, and the balance on the 15th November, which can, how¬
ever, be anticipated under discount of 4 per cent, per annum.
Messrs. Rothschild, Sons & Co. have introduced a new loan
for Hungary, the amount being £8,000,000, in six per cent, bonds
at 83£.
I* was never expected that the loan would be attended
with much success in this country, a9 it is well known that the
"public hold foreign stocks in much distrust. It is stated, how¬
ever, that about £3,000,000 has been subscribed, though from what
source has not transpired.
Considering that the situation of
Hungary at the present time is very critical, it seems scarcely
possible that that amount can have been derived from public
If so, the public is less timid than it was taken to be.
sources.
|1 000
The wheat trade
895
somewhat firmer in the
early part of the
week; but the market closes with a quiet appearance, owing to
liberal importations. Choice wheats were rather dearer on Mon¬
day, but there has been no material change apparent.
Daring the week ended October 6 the sales of English
wheat in the 150 principal markets of England and Wales
amounted to 01,436 quarters, against 63,329 quarters last year,
and it is estimated that in the whole Kingdom they were 245,800
quarters, against 253,500 quarters. Since harvest the deliveries
in the 150 principal markets reach a total of 287,095 quarters,
against 349,022 quarters, while in the whole Kingdom it is com¬
puted that they have been 1,148,500 quarters, against 1,396,100
quarters iu the corresponding period of last season. Without
reckoning the supplies furnished ex-granary, it is computed that
the following quantities of wheat and flour have been
placed upon
was
Tenders were received at the Bank of England on Tuesday for
£3,000,000 India 4 per cent, debentures, and the applications
amounted to £4.273,000, the whole of which was placed above the British markets since harvest:
1877.
1876.
1875.
1874.
par.
Tenders at £101 3s. received about 4 per cent, of the
cwt.
cwt.
cwt.
cwt.
amount applied for, and above that pi ice in full. The prospect
Imports of wheat
5,906,583
4,458,416
8,938,064
5,438,956
of money becoming dearer has necessarily checked the influx of Imports of flour
723,264
573,027
678,416
517,154
Sales of home-grown produce
4,976,329
6,049,800
4,822,500
7,195,200
subscriptions,"as capitalists are likely to be able, at least tem¬
Total
,11,606,175 11,081,243 14,483,930 13,181,310
porarily, to lend their money on more advantageous terms.
236.549
125,950
Exports of wheat and flour.
44,463
63,090
The Board of Trade returns for September and the nine months
Result
10,955,293 14,444,517 13,113,220
ended September 30 have been issued this week. They show Aver, price of Eng. wheat for season 11,369,626
46s. 7d.
47s. 7d.
53s. 6d.
46s. 10dthat the declared value of our exports in the month has been
The following figures show the imports and exports of cereal
£17,095,426, against £17,777,917 in 1876 and £19,853,750 in 1875.
produce into and from the United Kingdom during the first sir
The total for the nine months is £147,663,519, against £151,035,weeks of the new season, compared with the corresponding periods
447 in 1876 and £169,365,594 in 1875. The declared value of our
-
-
.
,
imports in the month .was £28,234,769, against £30,668,254 in
1876 and £30,858,909 in 1875 ; and in the nine months £292,528,
403, against £282,216,860 in 1876 and £281,514,695 in 1875.
The following figures relate to the nine months ended Sep¬
tember 30:
1876.
1875.
1877.
10,018,167
Imports of cotton
cwt.
10,045,765
9,336,783
Exports of cotton
cwt.
1,101,746
1,761,518
1,-176,405
Exports of cotton yarn
.'...lbs.
159,748,400
167,334.500
165,094,600
Exports of cotton piece goods..yds. 2,654,636,400 2,727,854,500 2,861,914,400
Exports of iron and steel
tons.
1,879,647
1,658,769
1,759,297
Exports of linen yarn..... . . ..lbs.
20,706,369
16,918,850
14,155,017
Exports of linen piece goods
yds.
161,757,960
126,410,181
140,266,731
75,553,280
Exports of jute manufactures. ..yds.
90,455,308
86,499,949
Exports of silk manufactures.
£1,300,081
£1,320,834
£1,-263,145
Exports of wool, British
lbs.
7,720,600
6,242,276
7,889,025
Exports of wool, colonial and
lbs.
foreign.
135,033,040
138,699,095
145,829,018
Exports of woolen j'arn
lbs.
23,451.600
21,975,544
19,136,700
Exports of woolen cloth
...yds.
32,946.900
31,571,900
33,515,700
Exports of worsted stuffs
yds.
200,026,100
172,466,500
150,356,700
Exports of blankets and blanket¬
ing
yds.
5,013,700
3,896,910
4,566,900
Exports of flannels
yds.
5,193,003
4.663,800
5,682,600
Exports of carpets
yds.
6,061,800
4,914,150
5,032,7CO
—
The
foliowing
the quantities of cotton manufactured piece
goods exported to all'quarters in Septomber, compared with the
corresponding period in the preceding two years :
were
COTTON PIECE GOODS OP ALL KINDS.
1875.
To
Germany
Yards
To Holland
To France
To Portugal, Azores, and
To Italy
To Austrian territories
To Greece
To Turkey
To Egypt. .
To West Coast of Africa
To United States
Madeira
To Foreign West Indies
To Mexico
To United States of Colombia
Granada)
To Brazil
To Uruguay
To Argentine
To Chili
To Peru..
To China and
To Japan..
To Java
Republic
Hong Kong
To Gibraltar
To Malta
To British North America
To British West India Islands and
Goiaoa.
To British possessionsin South Africa.
To British India—
Bombay
1,398,500
16,456,700
1.241.900
16,576,600
911,800
2,442,800
4,984,600
1,700,000
43, >31,300
6,632,900
3,615,500
' 2,901,600
2,630,700
1.841,900
3,070,600
2.269.300
957,400
4.621.400
2.436.300
31,422,200
3,043,800
6.666.800
4.213.900
3.698.200
1.694.900
4,794,200
3,6)9,700
2.050,500
1.603.400
2.819.900
3.306.600
2,769,800
1,640,400
3,703,500
1,065,000
3,922.000
1,598,000
25,915,800
3,850,800
55,922,400
7,530.600
2,521,900
1,618,100
Madras
Bengal...
Straits Settlements
Ceylon
To Australia
To other countries
Total unbleached
4,263.200
25,488,800
13,250,600
2,291,600
5,316,200
13,171,200
4,396,000
26,741,300
bleached
233,497,100
colored
88,124,400
lotal of mixed
materials, cotton pre¬
dominating
980,600
or
printed, dyed,
7.466.300
2,847,5'JO
4,889,900
6.432.600
6.856.300
1.119.400
or
Total.
322,602.100
25.253.700
7,179, tOO
2.863.400
5,013,500
12,594.000
2,793,700
2.633.100
14.718.300
2.398.100
6,392,500
3.223.800
2.569.400
20,273,100
1,498.000
Hosiery of all sorts
for 8ewing
lbs.
nv.ff
manufactures, unenumerated...lotal value
of cotton manufactures
.
36,922,100
3.165.200
77,152,000
7.081,700
2.735.300
2.957.900
28.967.400
242,628,900
Barley
Oats
Peas
•Beans
7.530.300
3.776.400
2,235,000
25,663,500
932,700
1,009,700
332,985,000
329,431,300
£80,964
£74,305
859,214
£64,803
£68,689
950,215
*
1877.
£76,587
8,888,064
1,279,564
911,755
1,300,096
1,372,929
102,451
Indian Corn
Flour.
584,835
5.974,894
....
4
1874.
63,118
432,481
5,438,9562,144,041
1,140,188
69,375
256,624
3,074.152
678,416
2,142,879
547,154
42,103
3,612
52,411
1,227
11,293
1,130
4,583
2,215
11
H
6,582
2,360
28,730
f*|
£63,221
£65.193
£4,886,614
a
i
ij
ft]
d
d
EXPORTS.
Wheat
119.530
Barley
1,371
4,744
1,557
1,363
77,612
6,420
Oats
Peas
Beans
10,230
2,261
Indian Corn
20,772
4,222
1,584
Flour
derived
2,667
10,679
M
f*l
5.-1
4.1
*1
•J
supplies of wheat and
during the first month of the season, viz., in September, and
the supplies which each country contributed, are given in the
subjoined statement:
The countries whence
we
our
flour
IMPORTS OP WHEAT.
From—
Russia
United States
British North America....
662,195
760,161
2:7,146
15,496
99,807
90,154
67,887
453,510
163,327
445,324
84,628
399,954
336,563
409,942
6,647,434
3,039,506
4,036,649
83,526
63,516
70,028
66,274
191,766
2’,612
88,554
192,821
493,318
438,234
510,301
Turkey, Moldavia and Wallachia
Egypt...
British India
Other countries
Total.
1877.
1,285,853
2,530,459
710,380
608,474
231,413
Chili....;
IMPORTS OP
Germany
3.267
46,068
Total
1,225,991
1,078,380
321,786
383,258
12,549
84,825
96,209
160 315
578,876
94,460
FLOUR.
63,253
101,860
218,621
France
United States
British North America
Other countries
Annexed Is
1876.
1875.'
cwts.
Germany
55,725
160,506
17,723
showing the value of the cereal produce
imported into the United Kingdom daring the first week of the
season, viz., in Septem
last, compared with the same period in
"J
1376 and 1875.
v*j
a
return
•
1875.
£3,667,282
232,703
465,444
27,044
Oats
Peas
Beans........
1376.
1877.
£1,478,780
£2,538.181
342,032
375.061
419.74S
759,567
405,175
283,525
33,222
161,521
1,344,576
342,786
27,301
145,70S
754,405
4*76,490
£5,693,643
£4,081,382
£4,736,894
136,429
Indian Corn
The
increase
over
last year is not very considerable, for
although the value of the wheat and flour imported is nearly
£1,200,000 in excess of 1876, there is a falling off in most other
articles, and especially in Indian corn.
Bullish Market Reports—Per Gable.'
markets of London an€ Liver¬
pool for the past week have been reported by cable, as shown in
The daily closing quotations in the
the
£61,481
978,300
£4,777,865
'
1875.
4,458,416
78.638.700
225.179.800
103.241.800
1876.
£76,511
1876.
Wheat
36,282,000
1.680.800
89.423.400
1«75.
...£5,206,259
IMPORTS.
1877.
Flour
OTHER MANUFACTURES OP COTTON.
Lace and patent net
years :
2.284,5)0
(New
To Philippine Islands
Total
1S77.
4.105.900
4.563.300
7.728.800
4,064,200
8.378.300
1,044,300
3.641.400
21,563,300
7.288.600
2.707.800
5,463,000
12,416.800
1.376.600
1,029,400
previous three
France
1876.
4,348,600
3,926,100
9,783.600
6,527,100
8,476,500
in the
.
following summary:
and Stock Market.—The bullion in the Bank
England has decreased £89,000 daring the week.
London Money
of
:1
\
4
-i]
34
n
;1
'|
396
THE
,
0.8.6a (5-308) 1867.
CJ. 8.10-408
Bat.
96 1-16
% 1 16
103
Moo.
Tuee.
95 15-16 95 15-16
95 15-16 95 15-16
10?*
106*
104*
6a of 1881
New 1*8
Wed.
96 1-16
96 1-16
106*
105
105
108
103
107*
1(6*
107*
106*
104*
108
104*
Fri. 96 5-16
96 5-16
Thor.
96 3-16
96*
103*
Fb*
10o*
108
CHRONICLE
Oct. 15— Str.
108*
108*
106*
105*
Mon.
d
d.
Flour (extra Suite)
tfbb] 26 6
Wheat (R. W. spring).$ ctl 10 2
44
(Red winter)..... 44 10 9
**
(Av. Cal. white).. “ 12 8
"
(C. White club)... “ 13 0
26
10
10
12
13
Corn(n.W. mix.)
6
28
9
0
39
0
quarter 23
Peae (Canadian) V quarter 39
Tnes.
e.
d.
8.
6
26
Wed.
8.
6
26
10
10
12
13
29
29
2
9
a
0
13
29
39
0
6
0
Fri.
d.
0
6
0
6
Sat.
d.
Beef (prime raess) . .# tc 92 6
Pork (W’t. mesB).... #bbl 47 6
Mon.
Bacon(l’gcl.m.)newpcwt 40 0
<
Tuee.
8.
d.
18754.*
Lard (American)....
Cheese (Am. fine)....
“
44
46
61
‘
92
47
6
6
39
6
6
0
0
0
45
64
Wed.
s.
Same time in—
1876
1875.....
1874
1873
1872
1871
Thur.
d.
d.
8.
as
40
0
46
64
0
45
6
45
6
0
64
0
64
0
Liverpool Produce Market.—
Petroleuin(reflned)... .fp gal
(spirits)
41
Tallow(prime City).. 18 cwt. 41
:
.
“
1
44
“
12)4
41
0
41
25
6
24
41
0
25
6
6
24
6
24
6
.
Whale oil
“ .35
Linseed oil....« ton .30
0
0
0
0
53
Tues.
£ 8. d.
9 15 0
53 0
0
23
78 0
85 0
30 0
0
28
0 8 0
0 35 0
0 30 15
0
0
0
0
Exports
and
week showed
Wed.
£ 8. d.
9 15 0
53 0
25
73 0
35 0
30 15
0
0
0
0
Thur.
£ s. d.
9 15 0
53 0
Fri.
£ s. d.
9 15 0
53 0
23
78 0
27
78 0
35 0
31
0
0
0
H5
0.0
31
0
0
6
0
0
0
for
the
Week.—The imports last
increase in
The
total
FOREIGN IMPORT8 AT NEW YORK FOR THE
1874.
1875.
General merchandise...
$1,272,170
3,183,748
$1,418,4*0
2.457,645
Total for the week.
$4,760 918
Drygoods
Since Jan. 1
$027,415,249
WEEK.
1876.
$3,876,055
1877
$1,42), !4i
2.350,991
$3,776,132
*5,243.343
231,130,077
260.S18.534
$277,717,654
$234,906,209
$266,061,917
report of the dry goods trade will be found the imports
dry goods for one week later.
following is a statement of the exports (exclusive of specie)
from the port of New York to
foreign ports for the week ending
Oct. 23:
EXPORTS FROM NEW YORK FOR THE WEEK.
_
For the week
Previously reported....
Since Jan. 1
1874.
$5,552,953
230,099,009
$5,460,384
196,724.522
$6,137,981
208.917,999
$6,622,045
221,876,353
*235,651,962
$202,184,906
$215,055,980
$228,499,408
following will show the
1875.
1876.
1877.
exports of specie from the port of
New York for the week ending Oct. 20, 1877, and also a com¬
parison of the total since Jan. 1 with the corresponding totals
for several previous years:
Oct. 16—Str. Acapulco
_
Oct. 17—Str. Bothnia
Oct. 18—Str. Wieland
Oct. 20—Str. Donau
Oct. 20—Str.
City of Berlin
Aspinwall
Guatemala
.Liverpool...
London
London
Amer. gold coin..
Amer. gold coin..
Amer. silver bars.
Amer. silver bars.
Amer. silver bais.
Liverpool
...
...Amer. silver bars.
Total for the week
J873
been
f
.
.
1
follows:
22,000
..$24~2e4^35
Same time In—
$40,564,035 1 1870
$51,546,311
64.734,663 | 1869
28 564.030
41.306.7?4|1868..
66.8 0,194
43,257.368
44,125,112 11867
62.276.007 I 1866
imports of specie at this port during the
as
5,643
26,299
67,560
110,(00
24.028,625
Total since Jan. 1. 1877
Same time In—
$4,768
$236,210
Previously reported
The
12,760,087
..
8,388,834
Gold.
$203,000
$291,197 23
315 000
319,47?
510,973
220,950
348,551
333,622
449.000
167,000
202,000
Sub-Treasury have been
•Receipts.
Customs.
....
■Payments.Currency.
$331,£50 42 $464,842 74
Currency.
Gold.
$798,945 64
822,816 53
383,1(3 21
81
00
25
468,-95 95
386,537 73
521,641 00
94
07
31'9 39b 63
329,562 78
1,563,765 24
736.664 26
1,4 1 6,7-37 01
493.042 37
459,538 03
229 140 69
464,819 95
2,158,835 20
$1,624,000 $2,024,772 35 $3,381,510 21 $3,302,537 59 $5,485,757 93
102,674,011 57
101,196,246 53
42,8(0,515 19
40,766,267 47
Comptroller of the Currency, Hon. John Jay Knox,
following statement of the currency movements and
Treasury balances for three months past:
U.S. Bonds held
as
security from Nat'l B'ks.— July.
Bonds for circulation deposited
Bonds for circulation withdrawn
Total held fur circulation
Bonds held as security for depo its
August. September.
$10,731,400
$5,682,950
11,681,400
337,761.600
5,75*1,900
337,634 650
18,867,000
18,655,000
$2,504,700
2,186,900
338,(02,450
15,203,000
1,484,220
1,189,940
576,000
Legal Tended' Notes.—
1874
Total now on deposit, including liquidating
'
banks....
Retired under act of January 14, 1875
i..
Total retired under that act to cate
Total amount of greenbacks outstanding..
54,638,333
same
14,425,026
670,112
22,965,780
359,094,220
14,244,826
14,436,552
1.118,056
1.061,232
24,023,8.6
25,085,068
357,976,164 356,914,932
National Bank Circulation.—
New circulation issued
Circulation retired
Total circulation outstanding^-C'urrencv...
Gold
Notes received for
837,640
1,397,570
1,123,8.4
315,236,*38
1,429,120
1,444,141
315,260,928
5,670,000
6,714,000
690,< 00
1,423,770
1.3:6,540
595,599
315,891,949
1,432,120
4,917,000
3.855.000
8,236,000
7,067,000
695,COO
redemption from—
New York
Boston
Philadelphia
Cincinnati
8^.8,000
90,000
48,000
16 ,000
Chicago
Miscellaneous
4,622,000
7
101,000
315,000
268,0.0
3,452,00)
4,541,0,0
$17,903,000 $19,000,000 $15,441,000
Balance in
Treasury—Coin
periods have
...;
Curr. ncy
$1,382,995
3,860,398
The
i
..
..
I 14,518,744
in—
Treasury Movements.—
273,841.599
Previously reported.... 322,654,331
The
11,034 202
Tolal
chandise) Oct. 19:
pf
■
Same time
1870
1869
1868
1867
1S66
From the
have the
dry goods and a decrease in general
imports were $5,243,393, against
$5,688,223 the preceding week and $5,729,1769 two weeks pre¬
vious. The exports for the week ended Oct. 23 amounted to
$6,623,045, against f5,941,568 last week and $6,373,639 the pre¬
vious week. The exports of cotton for the week
ending Oct. 24
were 8,105 bales, against 5,217 bales the week
before. The fol¬
lowing are the imports at New York for week ending (foi drv
goods) Oct. 18 and for the week ending (for general mer¬
an
merchandise.
our
7
Deposited in Treasury under act of June 20,
Imports
In
146
5.600
we
Commercial aub Miscellaneous News.
ft
335
100
..
$149,755
..
Balance, Oct. 19
Balance. Oct, 26
London Produce and Oil Markets.—
Mon.
£. s. d.
9 15 0
20..
22..
23.
24..
25..
26..
Total
8
4
25
Sugar (No. 12 D’ch Bid)
on spot, $1 cwt
28 0
Sperm oil
“ 0‘ 0‘
V tun..78
4>
41
“
“
8at.
£ s. d.
Lins’d c’ke (obi). # tc. 9 15 0
Linseed (Cal.) $ quar.
53 0
■r i
t
f
8
0
.
Cloverseed (Am. red)..
8pirits turpentine
Timr.
Fri.
b.
d. s. d.
5 3
5 3
10 0
10 0
12yt
“
:J t
•
“
Rokin (common)... $lcwt..
44
“
(fine)
6 482
12,368,9S9
The transactions for the week at the
follows:
Oct.
Sat.
s. d.
5 3
10 0
28.269
grt
•U- S. gold
.U. S. silver
Total since Jan 1, 1=77.
12 8
12 11
29 0
38 6
Liverpool Provisions Market.—
8.
]lm
n'H?
Total for the week
Previously reported
s.
8
8
0
6
0
$95,623
U. S. gold.
Puerto Cabello. .u. S. gold
Aspinwall
.U. S. silver
Fore;gn silver.
26
10
12
13
29
39
.Foreign stiver....
Oct. 16—BrigChas. A. Howard ,.St. John.
Oct. 18—Str. Columbas
Havana..
Oct. 19—Str. City of New York...Havani..
Thur.
8. d.
d.
6
2
8
8
Vera Cruz.
Oct. 15—Schr. M. Reynolds
Oct. 15—Str. Colon....
Liverpool Breadstu$s Market.—
Sat.
City of Merida
TJ. S. silver
Liverpool Cotton Markst.—See special report of cotton.
b.
[Vol. XXV.
...
97,803,995
9,811,L56
106,901,936
11,-28,537
119,152,043
14,206,417
Currency held for re¬
demption of frac¬
tional currency
Com certificates outstanding.
8,160,8581
37,807,300
8,265,412
38,523,400
8,835,468
Nebraska City Bonds.—The St. Joseph (Mo.) Herald says
that the bonds outstanding amount to
shows an assessed valuation of property
only $1,000,000.
$40J,U00, and the city
in the municipality of
The Mayor and City Council have adopted reso¬
lutions which declare that, “ we are satisfied that the extreme
limit .of our ability to pay will not exceed fifty cents on the
collar of our indebtedness.” This fifty cents on the dollar it is
proposed to pay by issuing funding bonds of the city, bearing 7 per
cent interest per annum,
payable semi-annually, both principal
and interest, in New York, to run twenty years from date, redeem¬
able after ten years at the option of the city.
The proposition
has been sent to the bondholders in New York.
—We call the attention of investors to the six per cent
mort¬
bonds of the Nashville Chattanooga & St. Louis Railway
Company offered for sale at 75 per cent and interest by Messrs.
Walston H. Brown & Bro., 34 Pine street. The bonds are a first
mortgage lien upon 75 miles of completed and equipped road,
and are issued at the extremely low rate of $4,200 per mile.
Tne branch roads upon which these bonds are secured are re¬
ported to earn net over all expenses nearly twice the amount re¬
quired to pay the interest. The Messrs. Brown have sold during the
past three months upwards of three-quarters of the entire issue.
At the issue price the bonds pay 8 per cent interest.
gage
—We have received from Mr. O. D. Ashley, a gentleman well
known in Wall street, and an able writer on financial subjects, a
pamphlet entitled “ The Best Measure of Value,” which is a re¬
print of a series of articles written by him for the Railway
World. It may be said of Mr. Ashley’s essays, that they are the
production of a man who sees the practical working of financial
affairs in his daily contact with business men, and they will be
found of greater interest for that reason.
—The coupons due Nov. 1 on the income and
of the Houston & Texas Central Railroad will
office of the company in Houston.
indemnity bonds
be paid at the
Orleans that the proposal of a foreign syndicate to
5 per cent bonds, with the proceeds of which the
loan the State
outstanding 7
per cent consols should be paid off, cannot be accepted, as there
is no constitutional authority for doing so. Virginia bonds are dull
<0>aiette.
Bankets
#l)e
during the past week.
and will be so until after the State election is over.
consols on small transactions are quoted 89|@41 for
69 for “B,” and 39@40 for “C." The $4,741,700 of N.
DIVIDENDS.
Per
Cent.
Name of Company.
Railroads. .
& Bost. (Stonington), quar.
Books Closed.
[When
P’ajble.
(Days inclusive.)
2%
Nov. 10 Nov. 1 to Nov. 10
American
2
5
National City.
3
5
3
4
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.
1 Oct. 24 to Nov. 1
1 Oct. 23 to Nov. 1
1 Oct. 24 to Nov. 1
1
1
1
1
3
Nov.
1 Oct. 24 to Oct. 31
v
ri‘ Y
Prov.
Ranks.
Exchange National
Fulton National
Mechanics’ & Traders’ National
Mercantile National
3%
Pacific (quar.)
Union National.... ..
miscellaneous.
Trust (quar.)
Farmers’ Loan &
OCTOBER 26, 1877-5 P. JR.
FRIDAY,
market and Financial Situation.—Financial
Tbe money
affairs have pursued a quiet course the past week, and no dis¬
turbing element has been present to exert any important influ¬
The meeting of Congress is not feared so much as for¬
merly by our hankers and others deeply interested in the course
of financial legislation, as there is less probability under existing
circumstances that any extraordinary or unsettling measures can
ence.
and
the
be passed by both Houses
President’s sanction.
receive
Our local money market has been steadier than last week, and
while a fair 6@7 per cent rate on call loans has been maintained,
there has not been any spasmodic stringency.
On government
collaterals the ordinary rate was 5@6 per cent, and prime paper
sells at 7(38 per cent.
The Bank of England statement on Thursday show.ed a de
cline in specie for the week of £89,000, but the reserve was 38£
per cent of the liabilities, against 36£ per cent last
discount rate remains at 5 per cent.
The Bank of
week.
The
statement of the New York City
Clearing-House
banks, issued October 20, showed a decrease of $535,375 in
the excess above their 25 per cent legal reserve, the whole of such
exceRR being $7,578,825, against $8,114,200 the previous week.
The following table shows the changes from the previous
week and a comparison with the two preceding years :
1877.
Oct. 20.
,
Oct. 13.
Loans and die.
Differences.
$238,*24,600 $238,183,800 Dec.
17,090,300
Specie...
Circulation...
Net deposits..
16,031,000
1876.
Oct. 21.
x
1875.
Ocr. 23.
$45,800 $261,938,700 $280,584,700
16,519,900 Dec.
570,400
17,616.600
6,406,600
16,230.300 Inc..
149,300
14,836.700
17,816,200
197.171,600 195.561,500 Dec. 1,610,1(10 221,218.200 223,471,700
Legal tenders.
40,316.800
39.919,300 Dec.
367,500
48,740,200
54,702,900
United States Bonds.—The
principal feature in government
bond dealings this week was the considerable demand for small
denominations from investors who have apparently been deposi¬
tors in savings banks.
The inquiry for these bonds has recently
been so marked as to cause quite a scarcity in the small $50 and
$100 issues. In view of the fact that government securities are
already issued in sizes as small as $50, it seems unnecessary in
this respect for the government to create a new issue of bonds,
in $25 pieces and upwards, for popular investment.
There has
been quite an amount of bonds coming back from London this
week, among which were a good many of the 4^ per cents.
Closing prices here have been as follows :
Oct.
Oct.
Int.
22.
period. 20.
..reg. .Jan. & July. ICO’g 110
.coup..3an. & July. *110% *110%
.
Called bonds...
6s, 5-20e, 1865,
n.
i...reg.. Jan. & July.*105%
Oct.
23.
110
105%
Oct.
24.
no
Oct.
25.
110% *na%
110%
110%
105%
105%
105%
Oct.
26.
110
no%
105%
8s,5-208.1865,n.i..coup..Jan. & July. 105% *105% 105% 105% *105% 105%
6s,5-20s, 1867
6s, 5-208, 1867
6s, 5-20s, 1868
8s, 5-20e, 1868
Bs, 10-408
5s, 1040s.
5s, funded, 1881
reg..Jan. &
&
&
coup..Jan. &
reg..Mar. &
coup. .M^r. &
July. 107%
July. 108%
July.*109%
July.*109%
Sept. 107%
Sept. 108%
reg..Quar.—Feb. 106%
5s, funded, 1881... coup..Quar.—Feb. 107%
4%s, 1891
reg..Quar.—Mar. 105
4%s, 1891
coup.. Quar.—Mar. 105
registered, 1907
Quar.—Jan. 102%
4s, small coupon
Quar.—Jan. 102%
6s. Currency
- July.
- *120%
reg..Jan. &
*108
108% 108% 108
108%
‘108% 108% 108% 108
108%
109 % *10,1% *109% *109% *109%
10*% 109% *109% 103% *109%
coup. ,.lan.
reg.. Jan.
*107%
*108*
*1(6%
107%
105 %
*105
,
.
102%
102%
*120%
107% *107%
108% *108%
*106% 106%
107% 107%
105‘a 105!*
*105% 105%
102% 102%
102% *102%
*120% *120%
•This is the price bid; no sale was made at the Board.
The range in
C’ass of bonds
105
102%
*102%
*120%
107%
108%
106%
107%
105
105
102%
102?6
120% |
prices since Jan. 1, 1877, and the amount of each
outstanding Oct. 1,1877,
were
/—Range since Jan. 1,1877
Lowest.
6s, 1881
reg.
1881.
107%
*108
*116%
107%
105%
coup.
108%
109%
104%
106%
109%
106%
107%
106%
103%
Oct.
Oct.
Oct.
Oct.
Oct.
Oct.
Oct.
Oct.
Oct.
I
6s, 5-20s, 1865,new..coup.
®8f 5-20s, 1867
coup.
8s, 5-20s, 1868
coup.
5s, 16-40s
reg.
5s, 10-40s
coup.
5s, funded, 1881.... conp.
4%s, 1891
.reg.
4%s, 1891
.coup 103% Oct.
48,1907
Oct.
.reg. 10!
6s, Currency
.reg. 120% Oct
115% May
111% May
114% May
Registered.
17 $193,996,500
60,929,950
98,429,000
15,729,500
117%
114%
114%
112%
Jan.
Jan.
Feb.
.Jan
109% July
109
142,386,650
219,418.650
113,070,750
May
July
July
106
126
and it is
9,114,500'
64,623,5121
Oct.
g- 8. 6s, 5-20s, 1867
g.
8. 5s, 10-408
New 5s
New 4%
107% ! 107%
107%
per cents
stale
anti
104
Railroad
paratively steady
been
strong for
| 19.
107%
1 104%
*o
108%
108%
106%
105%
7
20
25
30
40
32
June
107
Oct.
|
Coupon.
88.739,85C
106.597.600
212,189.900
21,736,300
52.179.600
289,021,700
86,929,25°
885,500
Highest.
25* 110% Feb.
6
10
110% Feb. 6
105% April 25 109 July 11
102% May 16‘ 106% Ang. 7
Bonds*—-State bnnds have been com¬
Louisiana bonds have
on a small business.
the most part, although
QTT A PFQ
Bank of Newburg
Tradesmen’s Fire Ins
Peter Cooper Fire Ins
165
Exchange Fire Ins
146%
not
30
40
8
6
100
127
200
Amity Fire Ins
70
Arctic Fire Ins., assessment
paid
51
73
$100 each
10 Park Fire Ins
125%
BONDS.
$3,000 Sandusky
Newark RR.
Mansfield
&
mort.
1st
7
cent bonds
"
89%
5,000 N. Y. City Additional New
Croton Aqueduct 7s stock,
due 1900
111%
Pew No. 114, middle aisle, Cal¬
per
.
Guardian Fire Ins
91%
Hanover Fire Ins
121
Lenox Fire Ins
103
Home Ins
105%
National Trust Co. of N. Y.,
vary Church, Fourth
and Twenty- first st
av.
$930
$17,000 Miss. Cent. RR. 2d mort.,
8s, Feb., 1876, coup, on
81
Closing prices of leading State and Railroad Bonds lor three
weeks past, and the range since Jan. 1,1877, have been as follows:
Oct.
12.
States.
*42%
*42%
Tennessee 6s, old
do
6s, new
North Carolina 6s,
Ocr.
19.
42%
Since Jan. 1, 1877.—
Oct.
Lowest,
26.
43
do
do 2d series.,.
Missouri 6s, long bonds
*106%
74
District of Columbia, 3-65s 1924
*73%
Railroads.
*65
Central of N. J. 1st consol.
66%
Central Pacific 1st. 6s, gold ... 105% *106
Chic. Burl. & Quincy consol. 7s *110
*110%
Chic. & Northwest’n, cp., gold
93% *92%
92
Chic. M. & St. P. cons. s. fd, 7s
91%
Chic. R. I. & Pac. 1st, 7s
106% *107
♦111
Erie 1st, 7s, extended
*96
93
Lake Sh. & Mich. So.2d cons.cp
Michigan Central, consol. 7s... 105
Morris & Essex, 1st mort
*116% *117
118
N. Y. Cen. & Hud. 1st, coup... *117
95
Ohio & Miss., cons. sink, fund
*94%
*117
Pittsb. Ft. Wayne & Chic. 1st
*97
St. Louis & Iron Mt.. 1st mort
*97%
....
.
i
42
Highest.
45
Jan. 11
Feb. 28i 44% June 7
42% Feb. 28;
*42%
*16
♦73
*41
*107
*15
*70
*40
old
Virginia 6s, consol
16% Oct. 25 22%£ Jan. 6
82% April 2; 82% Apr. 2
*41% 38 Jan. 16; 45 Apr. 11
Jan. 23 109% June 5
1
June 21
Jan. 2! 80
*73% 71
*16%
*70
....
66% 50
1
Mch.
Oct.
5; 85
Jan.
5
4
Mch. 16
110% June 11
♦110% 1
111% June 14
*93
80% April llj 94 Oct. 16
Jan. 26; 92% Oct. 6
*91% 78
106
107% 1
*109
1
93
*95
Feb. 28 112
Jan. 15 115
July 17 102
May 10
2 106% Oct. 25
*106% 1 00
May
137
*118
Feb. 19 118
Mch. 5 121
1 13
1 14
*118
95
9 122
81% June 28
94%
3 17
Jan.
June 20
June 29
June 7
May 24
Oct. 12
June 23
*98
92% Mch. 22 103% July 12
Jan. 9.108% June 18
94
95
94%
92% Mch. 311 98% Feb. 6
*
This is the price bid; no sale was made at the Board.
Railroad and miscellaneous Stocks*—The stock market
has shown more strength in the past few days, although closing
at a decline from the highest prices of to-day.
There is no
Union Pacific 1st, 6s, gold
do
sinking fund...
104%
104%
105% 3
feature in the market, and notwithstanding the
apparent retrogade steps last week in the
bull movement, there seems to be a pretty strong undertone based
on the support of the heavy operators who have carried prices
As we remarked in our last, the
up to their present figures.
earnings of, dividends by the leading trunk-line roads would
seem to be a foregone conclusion, if we may assume that the
present or higher rates for transportation will be maintained.
But on this latter point there is naturally a good deal of uncer¬
tainty, and the outside public is somewhat incredulous as to a
lasting agreement among railroad managers, after the numerous
wars” and difficulties of the past few years.
It is reported by telegraph this afternoon that the Hannibal &
St. Joseph matter has been postponed in the Missouri Court until
to-morrow, and the common stock sold at 13.
Quicksilver pre¬
ferred has advanced to 41 and closed at 40J, on the New York
essentially
new
recent fluctuations and
“
Supreme Court decision in favor of the preferred stockholders.
The question of the Ohio & Mississippi election will probably
be determined in the courts,as an important point of law in regard
voting in corporations is involved in the matter. The following
Chicago & Northwestern road is issued to day:
The earnings of the main and proprietary roads for the first four
months of the fiscal year were as follows:
it is reported from New
$996,517
June
July
August
-
1,008,590
1,222,330
1,695,441
September
Total
Total operating expenses,
Net earnings
Same time last year
Increase
106
:
SHARES.
statement for the
<—Range since Jan, l. ’?7.—>
Lowest.
said that the Delaware Lackawanna & Western mort¬
securities not sold at the Board
;
Oct.
12.
now
bonds will shortly be issued. As the latter company will
only this $10,000,000 of mortgage debt outstanding on its
railroad, the bonds will apparently rank as a first-class security.
Southern railroad bonds are sharing in the improved tone no¬
ticed in Northern bonds, and the higher rates established for
through freight cannot fail to have a good effect on them all.
Messrs. A. H. Muller & Son sold at auction the following
gage
have
to
follows:
-Amount Oct. l.~-
Highest.
6; 114% Jan.
as
Alabama
" A,” 67@
Y. City 5
per cent bonds, payable Nov. 188*3, were bid for at par to 100*06J.
Railroad bonds are generally strong and in better demand than
usual at this season of the year.
Hannibal & St. Joseph 8s have
recovered to 781<®80.
Canada Southern coupon bonds have ad¬
vanced to 60@61.
We reported last week that it was currently
stated the Delaware & Hudson Canal new mortgage bonds had
been taken by a few gentlemen who were friends of the company,
France lost
1,300,000 francs in specie.
The last
39T
CHRONICLE
THE
27, 1877.]
October
.$4,922,879
taxes, and all fixed charges
4,150,Oil
$772,797
324,645
$448,152
Total sales of the week in leading stocks were as follow** :
St.
North- Lake West’n
Mich. Del. L.
Ohio &
west. Shore. Union. Paul.
Cent. & W.
Eri& Miss.
Oct. 20.....
4,500 40,400 86.725 10,950
3,900 22,168 11,2TO 8,000
22
12,200 73.200 44,306 19,6 0
5,900 32,434 15,800
6,160
“
23...! .;
4,200 61,700 40,300 11,100
2,395 16,857
6,800 7,450
“
24....!
3,700 44,400 85,755
9,052
1,000 26.900 5,900
8,250
“
25
10,200 42,264 37,711
9,800
2,605 23,800 15,650
2,700
“
26
8,300 44,150 32,425 15,040
2,924 25,630 12,300
5,300
“
Total..
Whole stock
43,100 806,114 227,2?2 75,572 18,724 147,789 67,650 81,860
151,031 494,665 337,874 153.992,187,382 524,000 780,000 200,000
398
THE CHRONICLE/
The total number of shares of stock outstanding is given
the last line, for the purpose of comparison.
The dailj highest and lowest nrices have been as follows:
Monday,
Saturday,
At. & Pac. Tel.
Central of N..1
Cnlc. Burl.&Q
C.MU.&St. P.
'ii.'-i
do
Oct. 20.
•18
20*
•16* 17*
103* 103*
35
37*
68* 69*
pref.
10-2* 103
81* 35 *
6>* 63*
33* 37*
61* 64*
100* 101*
Chic. & North.
do
pref.
C. K. I. & Pac.
Del.& H. Canal
Del. L. & West
64* 6o*
101* 102
42* 42*
50* 52*
Erie
13* 13*
Han. & St. Jos
11* 11*
do
24* 25*
pref.
Harlem
HI. Central...
Lake Shore
...
Michigan Cent
77
76 \
64
17
15*
66
65
15*
66*
78*
97*
54*
47
67*
64*
74*
106*
9*
23*
16*
66*
80*
97*
54*
47
*84
19
83*
19
do
pref.
35* 36
31*
•This Is the price bid and asked
47
85
20*
31* 85*
Sales
ofw’k.
Shares
.
•
•
925
615
Chicago Burl. & Quincy
Chicago Mil. & St. Paul
75,572
38,550
Chicago & Northwestern
43,100
do
do
pref... 39,655
Chicago Rock Island & Pacific.. 10,678
Delaware & Hudson Canal
21,770
Delaware Lack. & Western
147,789
do
do
pref...
Erie
Hannibal <fc St. Joseph
do
do
pref
Harlem
Dlinois Central
Lake Shore
Wells, Fargo & Co
....
145
76* 77*
68* 71*
66
67*
76
76*
106* 103
9*
9*
23* 24
67
75*
108
10
24*
127
•.... 128
16
16*
16*
67*
82*
67* 67*
81* 83*
98
54
45
S8
98
‘54* 54*
45
35
19
38
67,650
in
45
‘84*
17*
40
Jan. 1, 1877, to date.—>
Hi ghest
Lowest.
15* Feb. 3 25 Mch. 14
6
June 11 37* Jan. 3
94
Mch. 19 118* Jan. 26
n
Apr. 12 42* Oct. 8
40* Apr. 23 72* Oct. 1
15
Apr. 13 43* Oct. 8
37* Apr. 23 69* Oct. 8
82* Apr. 23 105* Oct. 8
25* June 13 74* Jan. 4
30* June 11 77 Jan. 13
Oct.
8
4* Apr. 2 15
2.975
7
4,100
17
Apr.
Apr.
....
126
10,907
2,030
227,222
38
89
335
256
SO
Apr.
Apr.
Jan. 1,
prices since
17 15*
17 33%
135
Feb. 19 144
5,649 40* Apr. 2 79
306,114 45
Apr. 23 73*
Michigan Central
18,724 35* Apr. 2 74*
Morris & E~sex
5,109 51* June 13 92*
N. Y. Central & Hudson River.. 31,226
85* Apr. 23 109*
Ohio & Mississippi
31,860
2* July 7 11*
Pacific Mail
3
5,075 12*
Panama
Wabash Receipts
Union Pacific
Western Union Telegraph
Adams Express
American Express United States Express
77*
70*
54*
46*
13*
35*
*25
142
sale was made at tne Board.
no
■Total sales this week, and the
range
were as follows:
...
144* M42
77*
77*
68*
68*
66
G5
74*
76*
106* 106*
10
9*
23*
23*
17*
103
34* 87*
68* 70
36* 39*
65
67*
101* 102*
45* 46*
51K 52*
12* 13*
11* 12
101*102*
44
46*
50
52*
12* 13*
11* 11*
24* 26
98
85
16*
103
67
16*
66*
81*
1876.
Atlantic & Pacific Telegraph
Central of New Jersey
23
17
103* 1(3*
35* 3T*
63* 69*
36* 3?*
65
Saturday, Oct. 20..,
Monday,
“
24...
Oct. 26.
*19'
20
■19* 2)
17
in
Friday,
0 :t. 25
127
77*
*97*
54*
Quicksilver.... •IS* 20*
23
77
75* 75*
10t>
106*
9* 10*
23* 23 *
,23*
66*
78*
99*
54*
47*
84*
68*
36*
64* 61*
100* 101*
43* 45
50
52*
13* 13*
•10* 11*
77
66* 67*
?* 10*
125
67 *
36
...
^4* 63*
61* 64 K
74* 75*
10 i* 106*
10*
23*
16* 16*
103* 103*
34
35*
17*
63*
36*
64*
101*
43*
51*
13*
11
11*
22* 23*
•142*
51*
13*
10* 11*
23
24*
•141*
107
*16*
67*
35*
63*
100*
42*
50*
13*
13
67* 69
61* 65*
75* 76*
Oct. 24.
«19
20
103
33 * 35
49*
75
Oct. 23.
*18
20*
1 03
41* 42
•142
145
76 * 77*
Morris &Essex
N.Y.Cen.&H.R 106
Ohio & Miss...
10
Pacific Mall...
23*
Panama
125
Wab. P.C. R’ts
15*
Union Pacific.
66*
West. Un. Tel.
77*
Adams Exp... •97
American Ex. •54
United States. •47
Wells, Fargo..
84*
Tuesday, iWednes’y, Thursday,
Oct. 22.
•.... 20
17
17
July
July
May
26* Aug.
3 130
v% June 30 20*
59* Jan. 15 73
56
Apr. 4 84*
91
Apr. 23 H>5
43* July 3 60*
36
Apr. 27 59*
81
July 25 90
Mch.
Oct.
Mch.
Sept.
Low. High
22
109*
121*
46*
84*
45*
67*
111*
125
120*
7* 23*
10* 22*
18* 33*
3
3
22 130* 145
Oct. 15
Oct.
8
Oct. 15
Jan. 12
Oct.
Oct.
Whole
year 187(5.
14*
20*
112*
18*
49*
31*
55*
98*
61*
64 Yt
60*! 103*
68*
65*
106
8
15
24
117*
24*
39*
1
140
Tuesday,
“
Wednesday, “
Thursday, “
Friday,
“
57*
63*
Jan. 27 100
Feb. 5 55
Jan.
8
June 5
74*
80*
114
67
76*
4
1
‘
earnings, and the totals from Jan. 1 to latest
dates, are given below. The statement includes the gross earn¬
ings of all railroads from which returns can be obtained. The
columns under the heading “Jan. 1 to latest date” furnish the
gross earnings from Jan. 1, to, and including, the report mentioned
In the second column.
Latest earnings reported
, Jan. 1 to latest date
1877.
1876.
1877.
1876.
Atch. Top. & S. Fe...2d week of Oct..
195,768
$65,864 $1,930,663 $1,889,788
Atlantic & Gt. West..Month of Aug...
422,016
303,7C6
Bur. C. Rap. & North.3d week of Oct..
3’,878
25,859
921,193
9*7,807
Cairo & St. Louis
1st week of Oct.
7,955
7,827
183,757
203,369
Central Pacific
Month of Sept.. 1,420,535 1,871,876 12,036,107
13,136,197
Chicago & Alton
2d week of Oct..
117.155
134,205 3,538,220 3,955,963
Chic. Burl. & Quincy..Month of Aug
1,330,249 1,049,871 7,531,512 7,549,622
Chic. Mil. & St. Paul.. .3d week of Oct..
259,000
196,203 6,195,460 6,425,962
Chic. & Northwest...Month of
Sept.. 1,540,000 1,182,830
Clev. Mt. V. & D.,&c..2d week of Oct..
9,098
9,035
298,340
297,286
Deny. & Rio Grande... 2d week of Oct.
19,579
11,221
550,375
353,485
Grand Trunk
W’kend. Oct. !3.
221,694
201,932 7,156,760 7,372.968
Great Western.
W’kend.Oct. 12.
93,827
93,231 2,979,427 3.156,772
Hannibal & St. Jo....Month of Sept...
211,917
187,575 1,4*2,274 1,401,745
Houst’n & Tex. Cent.Month of Aug...
199,875
«-
IllinoisCen. (Iil.line)..Month of Sept..
Go (Leased lines).Month of Sept..
563,0:5
191,239
of Oct..
30,432
Indianap. Bl. & W...2d week
Int. &
I*
i,
r* :
v
Gt. Northern...3d week of Oct..
Kansas Pacific
2d week of Oct..
Lonisv. Cin. & Lex...Month of Aug...
Louisv. & Nash., &c..Montn of
Sept..
Missouri Pacific
Month of Sept..
Mo. Kansas & Texas..2d week of Oct..
Mobile & Ohio
Month of Ang...
New Jersey Midland..Month of Sept..
Nashv.Chatt. & St.L..Month of Sept..
Pad. & Elizabethan... 1st week of Oct.
Fad. & Memphis
2d week of Oct..
Phila. & Erie
Month of Sept..
8t. Jos. & Western
Month of Aug..
8t.L.A.&T.H.(brchs).2d week of Oct..
St.L. I. Mt. & South.2d week of Oc*-..
St. L. K. C.& North’n. .3d week of Oct.
St. L. & S. Francisco .2d week of Oct..
1st week of Oct.
8t.L.«feS.E’n(StL.div.)
“
(Ken.div.)...lst week of Oct.
“
(Tenn.div.)..lst week of Oct.
8t. Paul & S. City
Month of Aug..
Sioux City&St.Paul. .Month of
Aug...
Southern Minnesota..Month of
Sept..
Texas & Pac fic
Month of Sept..
Tol.Peoria & Warsaw..2d week of Oct...
Wabash
3d week of Oct..
Union Pacific
Month of July...
'
!•
-i
71 he Gold
39*42?
94,074
104.494
526,058
347,991
81,943
125,714
59,027
157,424
6.444
3.191
322,896
53,194
16,008
147,400
87,127
32.494
21,327
8,892
3,921
39,170
24,022
123,351
253,276
27,205
112,558
994,997
208,106
4'8,594
127,698
35,401
32,946
78,025
4*92478
370,015
81,720
118,096
3,621,110
4,033*929
977,915
1,191,929
1,115,067
953,547
2,460,455 2,331,673
704,370
3.935,636
2,795,019
2,463,318
1,019,495
3,667*,986
2,680,932
2,413,945
1,065,534
65,377
498,781
132,828
1,255,060
1,267,962
*4,8*38*
14L536
2,168,653
259,442
2,409,564
319,722
43,963
11,538
124,243
81,356
31,802
3,257,726
2,482,903
1,025,258
16,668
7,411
466,150
219,354
3,033
44,241
26,066
39,0C6
174,893
116,998
297,426
158,352
425,624
1,606,223
33,384
867,938
3,553.556
94,651
976,781
397,435
6,987,406
26...
102* 102* 103
102*
103
102* 103* 102*
107* 102* 107* 102*
X Guilders
3 90
478,352
159,915
243,401
369,248
2,830,252
2,500,839
1,010,427
463,788
253,299
113,531
361,554
218,991
441,324
1,189,803
1,139,536
3.511,737
6,624,714
-Balances.-—**
*
$16,064,000
10,375,000
19,S03,000
836,950
851,210
1,292,670 1,331,824
1,627,155 1,907,241
1,492,061 1,536,403
16,618,000
15,983,000
$
$
106,886,000
Dimes* half dimes.
—
@
Large silver, *s &*s
—
@
@
3 88
4 80
4 10
Five francs
Mexican dollars, v.
911,loi
was
a
@
@
<&
@
@
—
—
fair
demand for
—
971/
_
97}
—
95
—
94*
4 85
— 70
—
97*
exchange for
Wednesday’s steamer, and to-day
of the maturing of
96*®
96*®
93
— 93
English silver
4 75
Prussian silv. thalers — 65
Trade dollars
96
Doubloons 15 50 @ 15 60
Fine silver bars
119*®
120*
Fine gold bars
par®*prem.
quence
$
883,885
@ $4 88
Spanish Doubloons. 15 65 Q 16 15
Mexican
Exchange.—There
Total
Clearings.
the quotations for gold in foreign and
a little more activity in conse¬
some contracts which were to be
renewed. The principal support to the market has been
lound
in the demand from bond
importers, without which there would
have been little done.
Few commercial bills have been in
sight
the past few days, and
having a meagre supply of these, some
of the bankers have been reluctant drawers. On the
easier rates
for money at 3£ per cent in the London
open market, demand
sterling was relatively easier. On actual transactions to-day
bankers’ prime 60-days’ sterling sold about
4.80£,and demand 4.85.
In domestic bills on New York the
following were quotations
to-day at the cities named: Savannah, buyingf, selling $
discount;
Cincinnati, fair demand, par, selling 1.00 premium ; Charles¬
ton, easier, f@5-16 discount,
discount ; St. Louis, 1-10 dis¬
count ; New Orleans, commercial
5-16@|, bank $ discount;
Chicago, 25 premium ; Milwaukee, par. Quotations for foreign exchange are as follows:
60
days.
-Oct. 26.3 days.
Prime bankers’ sterling bills on London
Good bankers’and prime commercial
Good commercial
4.S0*@4.81 *
Documentary commercial
4.78*@4.79*
Paris (francs)
Antwerp (francs)
Swiss (francs)
Amsterdam (guilders)
Hamburg (reichmarks)
Frankfort (reichmarks)
Bremen (reichmarks)
Berlin
4.80
@4.80*
4.79
@4.80
4.85* @4.86
4.84J^@4.85*
4.83* @4.84*
4.83
5.20
5.20
5.20
5.22*@5.20
5.22*@5.20
5.22*@5.20
39*@ 40
93*@ 94*
93%@ 94*
93*@ 94*
93*@ 94*
(reichmarks)
@4.84
@5.18*
@5.18*
@5.18*
40*@ 40*
94*@ 95*
'
94 *@ 95*
94* @ 95*
94*@ 95*
New 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
91
..
»
24...
25...
-Quotations.Op’n Low. High Clos.
102* 102* 102* 102*
102* 102* 103
103
102* 102* 102* 102*
102* 102* 102* 102*
102* 102* 102* 102*
102* 102* 102* 102*
The following are
American coin:
Sovereigns
$4 84
3 84
Napoleons
X X Reichmarks.... 4 74
on
Oct. 20, 1877:
-AVERAGE AMOUNT OF
The latest railroad
4 >■ ’
23...
Current week
Previous week
Jan. 1 to date
8
2
5
VOL. XXV.
Banks
Capital.
Loans and
Discounts.
8
New York
3,000,003
Manhattan Co... 2,050,0 0
Merchants’
3,000,000
Mechanics’
2,000,000
Union
1,500,000
America
3,000,000
Phoenix
1,000,000
City
Tradesmen’s
Fulton
Chemical
Merchants’ Exch.
Gallatin National
Butchers’& Drov.
Mechanics’ & Tr.
Greenwich
Leather Manuftrs.
Seventh Ward....
State of N. York.
American Exch’e.
Commerce
....
1,000,000
1,000,000
600,000
300,000
1,003,000
LS-kj.ooo
500,000
600,00)
2'0,000
600,000
300,000
Legal
9,004,300 1,515,000 1,074,500
5.900.300
831.900
836,100
7,35 6,8C0
6.324.200
4,405,000
8.824.600
2.674,000
6.249.700
3.194.800
1,921,000
9.756.300
3.316.600
3.443.600
I,4S5,000
1,702,000
803,400
2.459.600
983,000
800,000 1.706.700
5,000,000 II,455,000
5,000,000 14.127.300
1,000,000 4.724.400
Broadway
Mercantile
1,000.000 3.171.900
Pacific
422,700
2,017,800
3,360,000
1:500,000
Republic
Chatham
450,000 3,185.(00
People’s
412,500 1.350.900
North America... 1,000,000
2,061.200
Hanover
1,000,000 3,846 000
500,(XX) 1,982,0j0
Irving
3.000,000 1-2,192,000
Metropolitan
Citizens’
600,000
1,424,000
Nassau
2.114.200
1,000,000
Market
2.429.400
1,0)0,000
St. Nicholas
1,000,000
2.138.800
Shoe and Leather. 1,000,000
3.711.700
Corn Exchange... 1,000,000
2.956.100
Continental
1,250,000 2.941.200
Oriental
1.302.900
300,000
952,300
90.900
38.300
10.400
94.800
Importers’&Trad. 1,500,000 13,975,000
Park
2,000,000 10,681,400
£07,900
617.900
18,000
2,800
Mech.
Bkg. Ass’n.
Grocers’
North River
East River
Manuf’rs’ & Mer.
Fourth National..
Central National..
Second National..
Ninth National...
First National....
Third National...
N. Y. Nat. Exch..
Tenth National...
400,000
500,000
709,000
749.300
300,000
958.300
400,000
750,700
350,000
406,100
100,0)0
3,750,000 12.927.300
2,000,000 7,741,000
300,000
1,845,000
1,500,003
500,030
4.985.400
5,042.700
1,000,000
4.737.100
$
8,025,600
774.400
724.600
4.585.400
5.584.100
4.699.700
3,098,800
459,060
1.743.500
Circula¬
tion.
$
38,000
7,500
135,-200
120,500
520,900
276,500
613.400
1,186,600 1.260.900 7,063,600
1,100
182,000
466,000 2,424,000
270,000
1,201,400 1,176,000
5,000,600
70.600
341.600 1.726.200
791,300
346.300
1,434.600
139.600
676.600 3,023,900 10.171.600
266,000
535,000
2.637.300
625,603
334,000
279,000 1.910.500
45,000
65,000
190,000
220,000
r, 137,000
46,800
185.200
919,600
191,000
2,700
199.600
780,200
274,100
510.500
2.205.400
233.200
154.400
36,500
97.900
942,000
156.100
332.300
1.524.500
45,000
232,000
957,000 1,350,000
7,605,000
328,000 1.171.900 5.282.600 2,142,400
89.900
885.200
632,700 3.143.100
408.300 2.797.100
227.300
45,000
25.700
384.600 1,851,000
145.760
235,500
450,000
1.777.700
249,0.10
3,081,000
355,000
465,000
23.800
192.200
1.231.300
5,400
198.500
1.500.800
65.400
418.300
170,(09
596.900
3,052.500
477.600
76,100
18.700
1,971,000
90,000
1,0^2,000 1,303,000 10,056,000
134.400
54.900
334,000
1.538.600
3,900
266.100
1,991,660
28.300
215.400
1.723.800
145.900
414.100
6 »,300
497,100
294.300 1,(58,400
352 900
171,700
640.800 3,069,000
1.702.400
Marine
Net
Specie. Tenders. Deposits.
4,700
687.300
1.954.400
1.130.100
234,900
345,000 1.650.300
3.611.300 14,358,500 1,106,400
60,000
2.750.400 13,110,600
125.000
295,000
544,000
711,100
178.400
491,000
223.500
172.300
754,-00
163.100
609,900
1,600
117.200
466,300
442,200 2.432.300 10,289,600
19.400
11,600
128,000 1,696,000
434,000
105,600 1.217.400
862,400 1.191.400
457,000
877.900
42,003
192.800
134.500
8,300
245,000
2,600
97.400
1,0*52,666
6,858,000 1,457,000
270,000
1,832,000
715.500
4.377.200
410.500
5.702.700
49.400
5.268.800
267,800
824,800
445,100
518,000
225,000
871,500
180,000
1.197,900
2,021,900
market.—Gold has been quiet about 102$ for
300.000
1.170,000
the past three days,
£00,000
1.214.800
and so little fluctuation has seldom been
Bowery National.
250,000
1.116.600
seen.
On gold loans the rates were
1,
for carrying, and New York County 200,0.0 1.134.900
323.400
flat and 2 per cent for
German
American
141,500
borrowing.
3)3,400
1,000,000 2.284.100
The following table will show the course of
1,000,000
gold and gold Dry Goods
clearings and balances each day of the past week:
Total
69,235,200 233,183,800 16,519,900 39,949,300 195,561,500 16,230,300
Y
L*
‘
THE CHRONICLE
^ October 27,1877.]
399
GENERAL
QUOTATIONS OF STOCKS AND BONDS.
Quotations in New York represent tlie per cent value, whatever the par may he; other quotations are frequently made per share.
“cons./
endorse
used, viz.: “M.,Mfor mortgage; “g.,” for gold; “ g’d,” for guaranteed; “end.,” for endorsed;
consolidated; “ coiiv.,” for convertible; “ s. f.,” for sinking fund; “ 1. g.,” for land grant.
Quotations in New York are to Thursday; from other cities, to late mail dates.
Thefollowing abbreviations are often
Thefollowin
for
Subscribers will confer a favor by giving notice of any error discovered In tbese Quotations.
United States
Ask.
Bid.
Bonds.
110
res.
Tennessee-
reg.
<1#
coup
reg. J & J| 105*2
6s. 5-20s, 1805, new*.: coup.. J & J|105*2
108 is
^s, 5-208,1807
reg.. J & J[108
108 ^
Ts, gold, 1904
6s, 5-20s, 1807
coup.. J & J|108
reg..J & J,10938
6s, 5-208,1808
6s, 5-20s, 1808
coup..J & J|109*4
5s, 10-408
reg..M& S!107*2 10758 Virginia6s, 5-20s,
1881
reg..
Q—F, 1003s 106*2
Q—F!l07*2 1073s
Q—Mi 105 105*4
5s,funded, 1881
4*23,1&>1
coup..
reg..
4*23,1891
4s, 1907
4s, small
6s, Currency
coup.. Q—SI
Gs,
105 ^
105
58
423e
J &
do
Dist. Columbia—
Consol. 3-65s, 1924, coup
do
■
62
4278
42
42*2
100
112
111*2 113
99
110
Fund, loan (Cong.) 6s, g.,*92...
Fund, loan (Leg.)6s, g., 1902.. g
Certifs.of st’k (’28) 5s, at pleas. 2*
do
(’43) 6s,
do
®
Ches. & O. st’k (’47) 6s, at pleas.
103*2 104*2
101
101*2
30
30
70
Georgetown—Gen’l st’k, 8s, ’81...
58*2
6s, various
41
Board
I
i
Class u C”
Arkansas—6s, funded, 1899 ..J & j
7s, L. R. & Ft. S. issue, 1900. A & O
7s, Memphis & L. R., 1899..A it O
5
7s,L. R.P.B.&N. O., 1900..A it O
4
7s,Miss.O. <t R. Riv., 1900. .A & 6
4
7s, Ark. Central RR., 1900. A & O
4
7s, Levee of 1872
California—6s, 1874
g-102
107
Connecticut—5s
6s, untaxable, 1885
A it O 110
Delaw are—6s
.J&J, *100
Florida—Consol, gold Gs
J & J 70
Georgia—6s
r.
F it A | 97*2
7s, new bonds
J & J|10034
7s, endorsed
1104 34
7s, gold bonds
Q—J 105*4
8s,’76, ’86
A it O 104
Illinois—6s, coupon, 1879
J »t JilOl
War loan, 1880
J & J 101
P.W., etfs. imp. 8s,’76-8...
Certificates, sewer, 8s, ’74-77.
737fl
74
102
110
109
100
90
85
95
91
105
Atlanta, Ga.—7s.
Do.
8s
Waterworks...
Augusta, Me.—6s
-lizabeth, N.J.—7s,imp.,’76-86. Var t
7s, funded, 1880-’95
Var
!
118
102
102
94
102
102
75
90
85
100
85
98
35
i06
100
45
97
95
96
96
97
103
100
& J 99
101
100
97*2
7s, consol., 1885-98
A&O
River, Mass.—6s, 1904.. .F& At 108*4 108%
5s, 1894, gold
F&At 103*2 104*2
109*2 110*2
all
......
88
97
93
106
Galvest’n
County,10s, 1901.J
Georgetown, D.C.—See Dist. of Col.
! [arnsburg, Pa.—6s, coupon
J]
Var. 103*2
do
do
1894
1888
M&N
J it J 101
J & J! 105
7s, 1890.
M&N|110
Minnesota—7s, RR. repudiated
Missouri—6s, 1877
J &
6s, 1878
!m
104*21105
! 110
Boston,Mass.—6s,cur,long,]
6s, currency, short, 1880
1110
104
!
..J & J|102
.J & J 107
J & J 106^8 107
Hannibal & St. Jo., 1886... .J&J 105*2
do
do
1887... .J & J 105*2
112
..J&Ji 111
-
..J&J* 104
..J&J' 102
New York—
do
.
....
110
112
reg.,
D
.J & J
.J&J
bonds, coup.,
6s, Canal loan, 1877.
6s,
do
1878..
.J &
J &
1
Jj
J!....
_.T A- J;
.J&J
.J & J 118
.A & O 118
.J & J 118
.J&J 16*2
6s, gold, 189L
do
do
do
6s,
6s,
6s,
68,
6s,
.J
.A
.J
.A
.J
coup. oft*.
coup.
do
b
do
J
O
J
O
J
1678
70
70
48
48
8*2
7
J & J
.A&O
.A&O
1*4
.A & O
1*4
.A & O
1*4
J & J 105*2
.J&J 108
..F&A 101
.F&A*
.F&A. 107*2
.F & A 103*4
.F& A|110%
.
10
9*2
.
do
do
6s.
&
&
&
&
&
A ArO
new
6s,
17
165fl
6s, N C. RR
6s,
.
6s,15-25, reg., 1882-’92.'f
2
108*2
111
104
108*2
104
111*2
.M&St 106
South
os
Carolina—6s.....'....*.
Brice nominal;
min! Moio
Camden Co., N, J.—6s, coup
Camden City, N. J.—6s, coup
no
.F&At 111*2 112*2
.J&J
J & j 30
A&O 30
.J&J 30
.J&J 40
..A&O 40
.
late transactions
*1103
7s, reg. and coup
■
Charleston, S.C.—6s, st’k,’76-98..Q-J
7s, tire loan bonds, 1890....J & J
7s, non-tax bonds
Bounty stock,
j
||
J 101
111
66
80
96
109
116
68
83
Purchase
also pays accrued interest
25
110
102*2
111
102
102
110
106
102
109
106
110
100
104
102
98*2
v
6s, new
Newark—6s, long
Var.
7s, long
Var.
7s, water, long
Var. t
New Bedford, Mass.—6s, 1893
t
N. Brunswick, N. J.—7s
t
106*2 107*2
101*2 102*2
75
101
108
30*2
31
\ In London
80
102*2
109
33
33
31*2
31*2
60
95
65
100
104*2 105
106
107
20
20
39
45
30
50
70
80
70
77*2
102
104
109
110
111
112
111
110
104
105
109
108
100
102
100
102
100
101
115
117
100
101
104
101
3458 36
37
39
Chelsea, Mass.—6s, ’97,waterl.F&At 10834 109
Newburyport, Mass.—6s, 1890
t
N. Haven, Ct.—Town, 6s, Air Line...
Chicago, Ill.—6s, long dates
J&J t; 102 1
Town, 6s, war loan
7s, sewerage, 1892-’95
J&Jtil07 108
do
6s, Town Hall
7s, water, 1890-’95
J&Jtjl08
7s, river impr., 1890-’95
City, 7s, sewerage
J&Jt 107*2 108
do
6s, City Hall
J&Jt'107*2'108
7s, L890-’95
do
Cook Co. 7s, 1880
7s, Q’nnipiek Bridge
M&Nti 103 |104
New
do
Orleans, La.—Premium bonds.
7s, 1892
M & N 107*4 107^
Consolidated 6s, 1892
Lake View Water Loan 7s
t 100
Var.
Railroad issues, 6s, ’75 & ’94..Var.
Lincoln Park 7s
! 96
Wharf impr., 7-30s, 1880—J &D
South Park 7s, 1876-’79. ...J&J 96
iNew York City—
West Park 7s, 1890
95
Q—Fi 100
6s, water stock, 1876-80
Cincinnati, O—6s, long
Var.*t 98
100
Var.*t 98
6s, short
100
do
6s,
1877-79
Q—Ft 100
7-30s
Var.* tj 109
5s,
1890
Q—Ft 100
do
7s
Var. *t 108
6s,
do
1883-90
Q—F 103
Southern RR. 7-30s, 1902...J&Jt 102
6s, aqueduct stock, ’84-1911..Q—F 103
do
7s, pipes and mains, 1900..M&N 115
7-30s, new
t 101
do
6s, reservoir bonds, 1907-’11.Q—F 108
6s, g.,1906..M&N j 93
Hamilton Co., O., 6s
5s, Cent. Park bouds, ’77-98..Q -F 100
do
do
6s,
’77-95.. Q—F 100
t 100
7s, short
do
7s, dock bonds, 1901
M & N 118
long 7s & 7-30s. t 105
6s,
do
1905
M&N 107
Cleveland, O.—6s. long
Various. 105
101
6s, floating debt stock,1878..Q—F 101*2
30-year 5s
7s, market stock, 1894-97..M&N 116
6s, short
Various. 100
6s, improvem’t stock, 1889.M & N 104
-7s, long
Various t 107*2 111
7s,
do
1879-90.M & N 112
Various t 105 1106
7s, short
6s, gold, cons, bonds, 1901. M&N J 110
Special 7s, 1876-’31
Yearly t 104*2'
50
Columbia, S.C.—6s, bonds
6s, street impr. stock, 1888.M & N 102*2
7s,
do
do
’79-82.M & N 104
Columbus, Ga.—7s, Various
Var. 60
109
6s, gold, new consol., 1896
Covington. Ky.—7.30s.
t 101
106
8s
7s, Westchester Co., 1891
t!l05
Newton—6s, 1905
J&J 111
Dallas, Texas—8s, 1904
1 82*2 85
5s, 1905
J&J 102*2
10s, 1883-96
ilOO ilOl
Norfolk,Va.—6s. reg. stk/78-85.J&J 90
.=■
t .'.
|
Dayton. O.—8s
8s, coup., 1890-93
Var. 105
Detroit, Mich.—7s, long
Var. ft
1109
8s, water, 1901
M&N 111
7s, water, long
Var. t!109*2'111*2
f
109
116
111
107
98
109*2 110
& J 94
& J 108
1
I
!
■
4106
6s, 1883
!i
8s.
110*2
106
F&At
jilLynn, Mass.—6s, 1887
112
105
do
103
5s, 1882
M&Nt
109
do
A
106
104
106 ' iS Ltnchester, N. H.—5s, 1832-’85... t
105
i Brooklyn, N.Y.—7s, ’77-80
101
J
112
104 i2
105
6s, 1894
t
7s, 1881-95
J it
hs lempliis, Tenn.—6s, old, C...J &
119
117
11034
7s, Park, 1915-24
J it
119
108
117
7s, Water, 1903
6s, new, A & B
J & J
J <t Jjll7
119
I 6s, gold, fund., 1900
108
7s, Bridge, 1915
J it J 117
M&N
109
107
6s, Water, 1902-5
6s, end., M. & C. RR
J it J 106
109
I 6s, consols
J&J
6s, Park, 1900-1924
J it J 106
112
IS lilwaukee, Wis.—5s, 1891—J & D
Kings Co. 7s, lS82-’89.... 1 .M & N 109
107
7 s, 1896-1901....
do
Var.
M «tN 105
6s, 1877-’86
106
35
7s, water, 1902
Buffalo, N, Y.—7s, 1876-’80.... Var. 103
J & J
no
a
7s, 1880-’95
Var. 102
114
i
110
5s
J&J
10212
103 li
102
6s, funded
M& N
107*8 Cambridge, Mass.
103*2 105 ||S
AitO:i 105
Michigan—6s, 1878-79
Capitol, untax, 6s
1:
11412
-..
do
do
!
112
112
111
74*4
74*4
104
104
104
104
104
100
104
104
80
95
102
102
106
115
102
Hartford Town bonds,6s, untax... 108
100
Austin, Texas—10s.
112
1
110
106
113
*10
-10s.
6
20
1113s 111*2 ! 6s, funded.
104
!l
105
111*2 112
108*2
111*4 112
6s, Park, 1890.
j.
113
111*4 113
6s, water, long, 1895
6s, bounty, 18S
101*2
110
117
115
I 7s,
6s,
do
exe
do
J & J 110
1899-1902
75
! 7s, sewerage, 1877-’79
112*2 114
J & J 101
! 112
99
113
i 7s, assessment, ’77-79. J&J-M& N 101
6s, 1900
J it
109
; 112*2 114
! 7s, improvement, 1891-’d4
6s, West. Md. RR., 1902....J & J;112*2
Var. 109
107
7s, Bergen, long
58, consol, 1885
J & J 105
Q—J|| 99 104
106
112
Hudson County, 6s
111
A&O 101
109
do
7s.M&S and J&D 108
1101^ 10134!
J&J 104
j 104% 105 1 Bayonne City, 7s, long
i 107 | 10 7*2' I
109*2
97
Kansas—7s, ’76 to ’99
I
! 104*21105
J&Jt! 102
105
1
104
102
Kentucky—6s
:!103
Louisiana—Old bonds,fundable.Var. 53
jl02*2|103
7s, short dates
Var. 100
8s, non-fuudable
Var.! 53
6s, long
!l0034jl01
Var.t 98
New consol. 7s, 1914
,102*2! 104
J it Jl 8634 87
6s, short
Var.t 97
Belfast, Me.—6s, railroad ai
Maine—Bounty, 6s, 1889
J&Dtlll
War debts assumed, 6s, ’89. Ait Oti 111
Maryland—6s, defence, 1893. J it JlUO
6s, exempt, 1887
J it Jilll
6s, Hospital, 1882-87
J it J! 110
6s, 1890
Q—Ji 107
5s,1880-90
Q—jl 98
Massachusetts—5s, 1878, gold. J&J !■ 103*2
5s, gold, long
Var. t IIOI4
5s, g., sterling, 1891.-.
JAJ f! 106
Ask.
1
Wharf
41
69
40
1903
Washington—10-year 6s, ’78..Var.
38*2
38^
20
39
07
39
22
5
F &A
reg
do
CITY SECURITIES.
12114
Bid.
Pehn. imp. 6s, guar., 1891.... Jit J
Penn. imp. 7s, 1891
J&J
Market stock bds, 7s, 92
JitJ
Water stock bds, 7s, 1901
J&J
6s, tax coupons
SECURITIES.
Alabama—5s, fundable
Various
8s, 1880 & 1888
8s of 1892
J it J
2s of 1906, funded “A”
J it J
5s of 1906, funded, IIR. “ B”
City Securities.
5*2
4
STATE
42*2
42Aj
6s, deferred bonds
1023s
jl02
|10238
reg..J it J 12034
reg
coup
1*4
J
T
J
S
3
J
J
1
I
T
r
J
r
coup..M& S108
58,10-408
58, funded,
r.
J
1865, new
Ask.
32
.
-
J & J 109 J
.coup..J & J1103b
68,1881
6s, 1S81
Called Bonds
South Carolina- -tContinuedb
78 of 1888...
j
UNITED STATES BONDS,
Bid.
State Securities.
60 "
103
103
102
106
106
118
109
103
108
119
108
102
118
105
114
112
105
107
110
107
112
103*2
93
110
115
*
4?
400
THE CHRONICLE
[Vol. XXV.
GENERAL QUOTATIONS OF STOCKS AND BONDS—Continued.
For
Explanations See Notes at Head of First Page of Quotations.
Bid.
City Securities.
tlOl
Norwich, Cfc.—5s, 19
Orange, N. J.—7s
Oswego, N. Y.—7s...
Paterson, N. J.—7s,
103
1103
106
J&J
95
Petersburg, Va.—6s.
8s
Ask.
Ask.
Railroad Bonds.
105
105
Bost. & N. Y. Air L.—1st 7s
Bost. & Providence—7s, 1893.J&J til 5
Bruns’k & Alb.—1st,end.,6s, g.A&O
*8
*45
Buff. Brad.& P.—Gen. M.7s,’96. J&J
97
108
99
116
55
J&D 107*4 107%
107
106
Buff.N.Y.&Pliil.—1st, 6s,g.,’96. J&J
110
112
Bur. C. R.&North.—1st, 7s, g.M&N
*65
Mil. Div., 1st M., 7s, g., 1902.F&A
23
84
10
81
Pac. extern, 7s, g., 1909
J&J
105
101
Muse, extern, 7s, g., 1908.. .3I&S
12
91
65
1st 5s, new
58
60 **
Var
J&D
1107*2 108*2 Bur. & Mo. R.—L’d M., 7s, 93.A&0 U09*2 110
New bonds, 1916
*
1103 34 104
Conv. 8s, various series
Portsmouth, N. H.—6s, 1893, RR.. tl02*2 103
111
109
Poughkeepsie, N. Y.—7s, water
108
Providence, R.I.—5s, g.,1900-5. J&J 1107
6s, gold, 1900
J & J
M & 8 tio? ' 108
6s, 1885
102
Richmond, Va.—6s, old
J&J 100
8s
J & J
117
102
111
'Rochester, N.Y.—6s,’76-1902.Var.
7s, water. 1903
,T & J
Rbckland, Me.—6s, ’89-99,RR.F&A 1102*2
CO 0
Sacramento, Cal.—City bonds, 6s
..
Sacramento Co. bonds, 6s
*■
r
i! »•
•
,
'i'
J&J 1110*2 112*2
Bur.&Mo.(Neb.)—1st M.,8s, 94.J&J *107*8 107*4’
97*2!
8s, conv., 1883
J&J 197
Bur.&Soutliw.—1st M., 8s,’95.M&N
15
18
1
Cairo & St.L.—1st M., 7s, 1901.A&0
i Cairo & Vine.—1st, 7s, g.,1909.A&0 ^20 ' *30* *!
87
! Califor. Pac.—1st 31., 7s, g.,’89. J&J
90
69
2d 31.. 6s, g.,end C. Pac., ’89.J&J
71
50
Extern, 7s
..J&J
Camden & Atl.—1st, 7s, g.,’93..J&J 104
Ij
2d mort., 7s, 1879
94
100
A&O
Cam.& Bur. Co.—1st 31., 6s,’97.F&A
100
Canada So.—1st 31., 7s, g.,1906.J&J
58
‘60*’
,
ii3
103
32
|!
lg
hi
1st 31.. with int. certs
it 102*2 103*2 Cape Cod—7s, 1881
F&A tlOl
i
91
St. Joseph, Mo.—7s
20
Carolina Cent.—1st, 6s, g., 192.3. J&J
Var.
98
Bridge 10s, 1891
J & J 1 195
Carthage*Burl.—1st, 8s, ’79.3I&N tlOl
104
St. Louis, Mo.—6s cur., lg. bds.Var. 11103
Catawissa—1st 31., 7s, 1882..F&A
101
New mort., 7s, 1900
6s, short..
Var. !tl00
F&A 103
Water 6s, gold, 1887-90...J &D it 107
108
Cayuga Lake—1st, 7s, g., 1901.J&D
do
108
do
Cedar F. & 3Iin.—1st, 7s, 1907. J&J
(new), 1892.A&O It 107
85
108
Cedar R. & 3Io.—1st, 7s, ’91... F&A tioo
Bridge approac h, 6s
,t 107
108
1st mort;, 7s, 1916
Renewal, gold, 6s
'...Var. it 107
3I&N t99%
108
Sewer, 6s, gold, 1891-’93
98
Var. it 107
Cent, of Ga.—1st, cons., 7s, ’93.J&J
St. L. Co.—Park, 6s. g.,1905.A & O 4106*2 107*2 Cent, of lowa^-lst 31., 7s, g
27
Cent, of N.J.—1st 31., 7s, 1890.F&A 109*2
Currency, 7s. 1887-’88
Var. |t 107
St. Paid, Minn.— 6s, ’88-’90.. J & D
63
7s, conv
3I&N
M&N i
7s, 1874-90
Consol. 31., 7s, 1899
66
Q—J
Am. Dock & Imp. Co., 7s
8s, 1889-96
Var.
42
J&J
S. Francisco—7s, g.,City & Co. .Var. g.i07' ids**
L.&W. Coal, cons.,7s,g’d,19000-31
33*4
52
Cent. Ohio—1st 31., 6s, 1890..31&S 100
Savannah, Ga.—7s, old
40
Var. j
52
7s, new
Var. |
Cent. Pac.(Cal.)—1st 31., 6s, g..J&J 105%
40
State Aid, 7s, g., 1884
Somerville, Mass.—5s, 1895.. A&O 1102*2 103
J&J 106 34
107
63, 1885
.....J&J 1106
Conv. 7s, 1883
J&J
6*os, 1884
A&O 1109*2 110*2
S. Joaquin, 1st M.,6s, g.1900. A&O
85*2
ItilO
\»
......
•r i.
till
Springlield, Mass.—6s, 1905..A&O
112
Cal. & Oregon, 1st, 6s, g.,’88.J&J
Cal.& Or. C.P.bonds, 6s,g.,’92 J&J
Land grant 31., 6s, g., 1890. A&O
West, Pacif., 1st, 6s, g., ’99..J&J
Charl’te Col. & A.—1st, 7s, ’90. J&J
1117% 118
t?:
86*2
$93
:9o
60
105
ioi*2
|
103*2
100
100
30
Conn. Val.—1st 31., 7s, 1901...J&J
Conn. West,—1st 31., 7s, 1900. J&J
10934
Cumbcrl.Val.—1st 31.,8s,1904. A&O
64
j Danb’y & Norwalk—7s, ’80-92. .J&J
>
60
65
73
35
*
93
95
93
39%
78
•
65
61
101%
103
101
40
105
104
50
;|
56
28
102
*
*2*6’
67*2 Danv. Haz.& W.—1st, 7s, ’88..A&O
Dan. Ur. Bl. &
22
P.—1st,7s, g...A&0
Dayton & 3Iicli.—1st 31., 7s, ’81. J&J 101
2d mort., 7s, 1887
95
3I&S
3d mort., 7s, 1888/
90
A&O
1 Dayt. & West.—1st 31.,6s, 1905.J&J 75
1
1st mort., 7s, 1905
J&J t85
85% Delaware—Mort,, 6s,g’d, ’95. .J&J
100*2|
*
.......
*30"
25
103
98
95
80
90
*97* ”9*6”
"05|
92
I
104*2
95
lg.90
Convertible 7s, 1892
J&D 101
Toledo, O.—7-30s, RR., 1900.M & N i 102
100
101
Den ver Pac,—1 st 31. ,7s, g. ,’99.31 &N
45
50
110*2
8s, 1877-89.....
Var. 109
Den.& Rio G.—1st, 7s, g.,1900.3I&N
73
40
45
70
1
j
8s, water, 1893 & ’94
Var. 110
J&J
Des 31. & Ft, D.—1st, 6s, 1904. J&J ill
Consol., 7s, 1895
iTI
Clieraw & Dari.—lst'3I.,8s,’88. A&O i 02
Washington, D.C.—See List, of Col.
103
i Detroit & Bay C.—1 st,8s,1902.3I&N *35
40
80
60
Wilmington, N.C.—6s, gold, cou. on
2d mort., 7s
85
1st 31., 8s, end. 31. C., 1902.3I&N *t65
! 80
70
90
80
8s, gold, cou. on
Chesa.& Ohio—1st, 6s, g., ’99.M&N j
25
25
Eel Riv. & Ill.—31., 8s, ’91..J&J
jjDet,
Worcester, Mass.—6s, 1892...A&O 1110*2 111
1st, 6s, g., 1899, ex coup
'Det. L. & North.—1st,7s,1907.A&0
t70
20
108
110
2d mort,, 7s, g., 1902
Yonkers, N. Y.—Water, 1903...
Detr. &3Iilw.—1st 31., 7s, ’75.3I&N
+30
40
J&Jj
Va. Cent.-, 1st 31., 6s, 1880...J&Jj
! | 2d mort,, 8s, 1875
90 I
40
3I&N :3o
do
3d 31., 6s, 1884...J&J!
73
69
RAILROAD BONDS.
75*2; Det,& Pontiac, 1st 31., 7s, ’78.J&J
do
4th 31., 8s, 1876 .J&Jj
do
3d 31., 8s, 1886.F&A
80
35
25
Ala.Cent.—1stM., 8s,g., 1901..J&J
do
funding, 8s, 1877.J&J1 75 I...... 'Dixon Peo.&H.—1st 31., 8s,’89. J&J tl04
Ala.& Cliatt.—1st, 8s,g.,g’d,’99.J&J :
8
7
J&J' t97 j 97*g Dubuque& Sioux C.—1st,7s,’83.J&J 102
Cheshire—6s, 1896
45
7s, receiver’s certificates...
20
J&J t97^ t 98
! 1st mort., 7s, 1894
6s, 1880..
105
.....J&J 102
Ala. & Tenn. Riv.—1st, 7s
Chester Val.—1st31.,7s, 1872.M&NI *....
Dunk.A.V.& P.—lst,7s,g..l900J&D 100
103
Alb’y & Susq.—1st M., 7s, ’88..J&J 108% 109
Chic, & Alton—1st 31., 7s, ’93..J&J:
115
Dutchess & Col.—1st,7s, 1908.J&J
8
12
2d mortgage, 7s, 1885
A&O
93*2 95
East Penn.—1st 31., 7s, 1888.. 3I&S *102
Sterling
mort,, 6s, g., 1903..J&J 1107 i 108
3d mortgage, 7s, 1881
M&N j
Income, 7s, 1883...
E.Tenn.Va,& Ga.—1st, 7s,1900.J&J
A&O' 102
91
cq2
Consol, mint., 7s. 1906
52
A&O {
I Chie. B. & Q.—1st, S.F.,8s, ’S3.J&jj 113
52 |
115
E. Tenn. & Ga., 1st, 6s,’80-86.J&J
70
80
Allegli. VaL—Gen. M., 7 3-10s. .J&J 1 106
107*2 j do 78,1896
70
E.Tenn.& Va.,cnd.,6s, 1886.3I&N
85
J&JjtlOS^s 108%
80
84
Consol, mort., 7s, 1903
52
53
J&J
...Var.
! Eastern,Mass.—7s, old
42
43
1! Bonds, 5s, 1895
J&D
91
!
New 31., fund., 3*2S, g.,1906.3I&S t50*4 50%
Amer’n Cent.—1st M,, 8s,’78..J&J 1101
101*2: 5s, 1902
A&O
75
J Sterling debs., 6s, g., 1906..3I&S $70
Ark. Cent.—1st M., 8s, g., ’91..J&J
10
Chie. & Can. So.— 1st, 7s, 1902. A&O
30
! 'Elmira* W’111 sport—1st, 7s,’80. J&J jI 102*2 103*2
Atch’n& Pikes P —lst,6s,g.’95M&N
30
35
Chic. Clin.&Dub.—1st, 8s, ’96. J&D
20
I 5s, perpetuaL
70
A&O *50
Atcli’n & Neb—1st M., 8s, ’96. M&S
Chic. Dnn.& V.—1st,7s,g,1909. A&O
Erie Railway—
Atch. Top.&S.F.—1st, 7s, g.,’99.J&J
*88*4
Ind. Div., 1st 31., 7s, g„ 1912.A&O
115
6
I 1st mort., 7s, 1897.*.........3I&N
Land grant, 7s, g., 1902
A&O *79=U 80 ! Chic, Duh.& 3Iin.—1st, 8s, ’96. J&D
20
i*0*4
2d mort., 7s, 1879....
I;
3I&S
Consol, mort., 7s, g., 1903.. .A&O
149*4 49% 1 Chie, & Iowa—1st 31., 8s, 1901 .J&J t
3d mort., 7s, 1883
3I&S 104*2 10*4%
Land income, 12s.
J&J 1100*2 101 ii
4th mort., 7s, 1880
A&O 101
Atl’ta & Rich’d A. L.—1st, 8s..J&J
40
60
i Chic.&L. Huron—1st 7s, ’99..M&N!
5tli mort., 7s, 1888
J&D 104
Atl.& Gt. West.—1st,7s, g. 1902. J&J
+24
26
j Chic.& 3Iicli.L.Sh.—1st, 8s,’89.3I&Si
83
/ o
Sterling, 6s, gold, 1875
3I&S 181
2d mort., 7s, g., 1902
13
M&S :u
1st mort., 8s, 1890-’92
83
8
Var.'
1st cons., 7s, gold, 1920
I&J $81
3d mort.. 7s, g., 1902
6*0, i Chic. 3Iil.& St. P.—P.D., 1st 8S.F&A'
M&N
:5*2
44
115
2d cons., 7s, gold, 1894.,
$42
J&D
Leased L. rental, 7s, g., 1902.J&J
136
40
1
P. D., 2d*31., 7 3-1 Os, 1898..F&A!
43
97*2
Debentures, 7s, g., 1903 ...Q—J $41
do
do 7s, g., 1903.J&J
116
19
!| St. P. & Chic., 7s, g., T902
43
96
; 98
+41
Recon. trustees’ certs., 7s
JJfe.ll
West. ext. cert if s, 8s, 1876.. J&J
30
125
3Iil. & St. P.. 2d 31., 7s, 1834.A&OI
90
j
Long Dock mort., 7s, 1893..J&D 109 &
do
do
30
7s, guar. Erie +25
La. C., 1st 31., 7s, 1905
98
Eric & Pittsb.—1st 31., 7s, ’82. J&J
J&J 103 !
Atl.&Gulf—Cons. M., 7s, ’97...J&J
67
75
! I. & 31., 1st 31., 7s, 1897
85
T&J
94
!
80
Cons, mort,, 7s, 1898
J&J
Consol. M., 7s, end. Sav
40
78
| I’a. & Dak., 1st 31., 7s, 1899. J&Ji 91 |
Equipment, 7s, 1890.
A&O 1
1st mortgage, 7s, end
J&J
Hast. & Dak., 1st 31.,7s, 1902. J&J!
91*2
lEurop’n & N.A111.—1st, 6s, ’89. J&J
S. Ga. & Fla., 1st 31.7s. 1889.M&N
Chic. & 3111., 1st 31., 7s, 1903.J&J) 100*2
| Land gr., 6s, g
3I&S
At.Miss.&Ohio.—Cons., g. 1901. A&O +20*' 25
1st mort., consol., 7s, 1905..J&J
91*2! 92
Bangor & Pise. 6 & 7s, ’99...A&O
Com. bondholders certs
+20
25
it Chic. & N.W.—S.F., 1st, 7s,’85.F&A; 107%109
Evansv; & Crawf.—1st, 7s, ’87. J&J TOO*' 10*3**
Atl. & St. Law.—St’g 2d, 6s ,g. A&O 1101
Interest mort., 7s, 1883
65
50
M&N;
!Evansv.T.H.&Clii.—1
106*2
st, 7s, g.3I&N
Bald Eagle Val.—1st M., 6s,’81. J&J
Consol, mort., 7s, 1915
82
107*2 Flint* Pere 31.—lst,l.g.8s,’88.3I&N *78
.Q—F 107
Baltimore & Ohio—6s, 1880.. .J&J, *103*0 105
*
Exten. mort., 7s, 1885
30
F&A 105
Cons. S. F., 8s, 1902
3I&N
6s, 1885
1st mort., 7s, 1885
A&O, *103 *2'104
F&A 107*4
Flint & Holly, 1st, 10s, ’88.3I&N *50
M&S $ 106
Sterling, 6s, 1895
108
93 *
Consol., gold, 7s, cp., 1902..J&D
93*4
Bay C.& E. Sag.—1st, 10s„82.J&J 100
Sterling mort., 6s, g., 1902. .M&S'$106
do
108
do
92
60
reg
Holly W. & 31.—1st, 8s, 1901.J&J
do
6s, g., 1910. M&N1 + IO8
Iowa Mid., 1st 31., 8s, 1900. A&O
110
80
100
*70
Flushing
&
N.
S.-lst,
7,
’89..M&N
Balt. & Pot’c—1st, 6s, g., 1911. J&Ji +83
85
Gal. & Chic, ext.-, 1st, 7s,’82.F&A 106*2 107*2'
70
2<1 mort., 7s
3I&N
1st, tunnel, 6s, g., g’d. 1911 .A&O 1 $86
88
80
Peninsula, 1st, conv., 7s,’98.3I&S 105 1
*70
Cent. L. I., 1st, 7s, 1902
1
3I&S
Bellev.&8. Ill.—1st, S.F.8s,’96.A&Oj
*
Chic. & Mil., 1st M., 7s, ’98..J&J 107*2!l07*2|
75
90
Cent, exten., 7s, 1903
3I&N
Belvidere Del.—2d M., 6s, ’85.M&S 100*4
3Iadison ext., 7s, g., 1911...A&O 1189*4
50
89%| Ft, W. Jack. &S.—1st, 8s, ’89..J&J
3d mort,, 6s, 1887
F&A| 94
Menominee ext., 7s, g., 1911.J&D 1*88% 89*21!Ft,W. 3Iuu.& C.—1st, 7s, g.,’89.A&O *
Boston & Albany—7s, 1892-5.F&A 1115*2
La C. Tr.&P., 1st 31., 10s,’78.A&O
75
Fram’gham & Lowell—1st, 7s, 1891 t70
6s, 1895
.J&J 4105*2 10(3*2
Northw. Un.,lst, 7s, g.. 1915.3I&S 11*83*2 84
50
|
do
(notes), 8s, 1883
Bost. Ciiut.& F.—1st M., 6s,’84. J&J,*t
Chic. & Pad.—1st 31., 7s, 1903.J&J
85.
80
Gal.Har.&
S.A.—lst,6s,g.l910.F&A
1st M., 7s, 1889-90
J&J>t
Chic. Pek.& S.W.—1st, 8s,1901.F&A *
80
76
75
Gal.Hous.&H.—1st, 7s. g.,1902.J&J
N. Bedford RR., 7s, 1894
J&J ,*t
Chic, R. I. & Pac,—1st, 7s, ’96. J&J 107*8! 107%
108
105
Georgia
RR.—7s,
1876-90
J&J
Bost. Conc.&Mon.—S.F..6s,’89.J&J|* tS9
8. F., income, 6s, 1895..
65
.+55
F&A 104
Gilman C1.& Sp.—lst,7s,g.l9003I&S
Consol, mort., 7s, 1893
A&O 1101
97
6s, 1917, coup
92
J&J 106% 106"8!|Gr.Rap. & Ind—1st, l.g., g’d, 7s, g.
Bost. Hart.& E.—1st, 7s, 1900. J&J j
11
85
6s, 1917, reg
82
J&J 106*2
1st 31.,7s, l.g., gold,not guar. A&O
1st mort,, 78, guar
J&J
Chic,& S.W.—1 st,7s, g. g’d,’90.3I&N
45
12*3
42
96
Ex land grant, 1st 7s, ’99
Boston* Lowell—New7s, ’92.A&O tl07
1st 31., 7s, g., ’90, Atch. Br. .J&D
90
Greenv. & Col.—1st 31., 7s, “guar
IT
do 6s, 1879..:
A&O PI 100
42
Cin. & Indiana—1st 31., 7s,’92.J&D
40
90
93
Bonds, guar
New Os, 1896
J&J fioo
20
2d mort., 7s, 1882-87...'.
J&J
65
Hack’s’k&N.Y. E.-lst, 7s,’90. M&N
j
......
88*2!
||
..
.
10.3Ji
_
*
*
..
;
50
83
i 100
:
M
43
54
26
•
-
103
101
90
Massawippi, g., 6s, gold, ’89 J&J,*
t
!*t....
100*2! Conn. Riv.—S.F. 1st 31.,6s, ’78..3I&S i*tl01
‘
102%
•
r-
102
98
55
*t 50
7s, 1887 extended
3I&S 172
Consol, mort., 7s, 1890
J&D t30
'lev. Col. C. & I.—1st, 7s, ’99.3I&N 110
Consol, mort., 7s, 1914
J&D $91
Belief. & Ind. M., 7s, 1899...J&J
!lev.&M. Val.—1st, 7s, g.,’93.F&A *90
S. F. 2d mort., 7s, 1876
M&S
88
'.lev. & Pitts.—4th 31., 6s, 1892.,
106
Consol. S. F., 7s, 1900
3I&N 111
lev. Mt. V. & Del.—1st, 7s, g.. J&J 1116*4
tolorado Cent.—1st, 8s, g., ’90. J&D *tioo
!ol. Chic. & I. C.—1st, 7s, 1908.A&0
36
2d mort,, 7s, 1890
F&A
9
Chic. & Gt, East., 1st, 7s,’93-’95.
58
Col.& Ind. C., 1st 31., 7s, 1904.J&J
70
do
2d 31., 7s, 1904.3I&N *
U11.& Logausp.,lst, 7s, 1905.A&O *59
T. Logansp. & B., 7s, 1884..F&A
62
Cin. & Chic. A. L., 1886-’90
Ind. Cent,, 2d 31., ’10s, 1882. J&J
Col. & Hock. V.—1st 31., 7s, ’97. A&O ioi
1st 31., 7s, 1880
J&J 100
2d 31., 7s, 1892
J&J l
90
Col. Springf.* C.—1st, 7s,1901.3I&Si1
Col. & Xenia—1st 31., 7s,1890.3I&S‘! ib‘2
Conn. & Passump.—31., 7s, ’93.A&O 1103%
.
.
Ask.
*50** **6*6’*
2d mort,, 7s, 1885
J&J
Consol, mort,, 7s, 1905
A&O
H.
Cin.
& I., 1st 31., 7s, 1903.J&J
Buff.N.Y.&Erie—lstM.,7s,’77.J&D 102*2
Large bonds
J&D 102
J&J
7s, street imp., reg, ’83-86
Bid.
101k Boston & Maine—7s, 1893-94. J&J 1110*4 110*2
108
8s, special tax
Philadelphia, Pa.—5s, rreg
Bid.
Railroad Bonds.
A
Pope nominal;
no
late transactions,
1 The
purchaser also pays accrued interest.
+ In Loudon.
IT In Amsterdam.
October
THE CHRONICLE
27, 1877. ]
GENERAL
For
QUOTATIONS OF STOCKS AND BONDS—Continued.
Explanations See Notes at Head of First Page ot Quotations.
Ask.
Bid.
railroad Bonds.
Railroad Bonds.
85
100
Maine Cent.—Mort. 7s, 1898...J&J
J 1103
60
Exten. bonds, 6s, g., 1900...A&O
9
189
97
Cons. 7s. 1912
9
tS9
A&O
107
Androscog. & Ken., 6s, 1891.F&A* t96
Leeds & Farm’gt’n, 6s, 1901.J&J
105%
J
193
Portl’d & Ken., 1st, 6s, ’83..A&O9
108*2
t96
do
Cons. M., 6s, ’95.A&O
9
t98
Mansf. & Fr’ham.—1st, 7s,’89..J&JIt
86
Marietta* Cin.—1st M.,7s,’91F&A
1
91
Jo.- Conv. 8s, 1885. M&S
Land grants.
A&O
40
Quincy & Pal.. 1st, 8s, 1892.F&A
Kans. C. & Cam., 1st, 10s,’92. J&J t93
Harl.&Portcliester—1st M,7s,. A&O 103
Harrisb. P. Mt. J.& L.—1st, 6s. .J&J 104
Hartf.Prov.&F.—1st M.,7s,’76. J&J 107
Housatonic—1st M., 7s, 1885.F&A
6s, 1889
J&J
Houst. &Tex. C.—1st, 7s, g.,’91.J&J
KLM..SCToS&pteJlcoas&W—B1, N.Ilaven&Drby,
West. Div., 1st, 7s, g., 1891..J&J
’95*
60
Ind’polis Cin.& L. -1st, 7s, ’97.F&A
J&D
'9‘i'
Ind’apolis & Cin., 1st, 7s,’88. A&O
Ind’polis& St. L.—1st,7s, 1919. Var.
2d mort., 7s, 1900
A&O
2d mort., 6s, g., guar., 1900.M&N
Intern’l&Gt.No.—Tnt. 1st, 7s. A&O
Houst. & Gt. No., 1st, 7s, g.
J&J
Conv. 8s, 1892
F&A
Ionia & Lansing—1st 8s, ’89. .J&J
I’a Falls & Sioux C.—1st, 7s,’99A&0
do
..
.
Ithaca & Athens.—1st m.,
'
7s,g.J&J
t65
+96
*
67
19970
100
107
J&J
Ind’poiis& Mad., 1st. 7s,’81.M&N
Joliet & Chic.—1st M„ 8s, ’82. .J&J
2d
100
70%'
Junction RR. (Phil.)—1st,6s,’82 J&J
2d mort., 6s, 1900
Kalamazoo A1.& Gr. R
A&O
92
82
1st, 8s. J&J
Kal.&Schoolcraft—1st, 8s, ’87.J&J
Kal.&Wh. Pigeon—1st,7s, ’90..J&J
Kans. C. St. Jo. & C. B.
—
*8*5
86
—
lstM.,0. 13. &St. Jos.,7s, ’80. J&J
M. 7s,1907.J&J
do inc. l)ds, rg.,6s, 1907.A&O
190
170
72
19
50
17*2
Kans. C. & S. Fe.—1st, 10S.90.M&N
Kansas Pac.—1st M., 6s, g.,’95.F&A
1st mort., 6s, g., 1896
J&D
82
65
43
50
L. gr., 1st mort., 7s, g.,1899-M&N
Land 1st mort., 7s, g., 1880.. J&J
Land 2d mort, 7s, g., 1886. .M&S
Leav. Branch, 7s, 1896
M&N
1
interest, 8s, 1884.. .A&O
Keokuk & St. P.—1st, 8s, ’79. .A&O
Laf.
B1.&Miss.—1st, 7s, g.,’91.F&A
Laf.Munc.& Bl.—lst,7s,g.l901F&A
Lake Shore & Mich. So.—.
Mich. So., 2d mort., 7s, 1877.M&N
N.I., S.F.,lst, 7s,’85.M&N
do
2d M., 7s, 1886.A&O
Cl. P. & Ash., 2d M., 7s, ’80. .J&J
„
cons.,reg.,2d,7s,1903.J&D
96
15
L.Sup.&Miss.—1st, 7s, g.,1900.J&J
Lawrence—1st mort., 7s,1895.F&A
Leav. Law. & G.—1st, 10s, ’99. J&J
South. Kans., 1st M., 8s, 1892....
Lehigh & Lack.—1st M.,7s, ’97.F&A
Lehigh Val.—1st M., 6s, 1898. J&D
2d mort.,
7s, 1910.,
M&S
Gen. M., s. f., 6s, g.,
1923....J&D
Delano Ld Co. bds, end.,7s,’92 J&J
Lewisb. & Spruce
Cr.—1st, 7s.M&N
:
N.O.Mob.&Tex.—lstM.,8s,1915J&J
hN.Y.Bost.&M’nt.—lst,7s,g.,’89
112% 113
98
99
*1
6s, ’86-’87..A&0
Jjeu. Br. Louisv. l’n, 6s,
’93.. A&O
98
100
45
10
*140
99
199
<
199
104
*92
f[
*
Price nominal;
J&J
do
6s, 1887
J&D
do
real est^ 6s, 1883..M&N
Hud. R., 2d M., 7s., 1885....J&D
N.Y.&Harlem—7s,coup.,1900.M&N
7s, g.A&O
ext,, 7s, ’80-’85
Mort., 7s, reg., 1903
Subscription, 6s, 1883
M&N
Sterling mort., 6s, g., 1903... J&J
N. Y. C., premium, 6s, 1883.M&N
i
i08%
F&A
& Can.—£ M., 6s, g., 1904.M&N
N. Y. C. & H.—M. ,7s, coup.,1903. J&J
*25**
7s, ’77.A&O 100
Long Island—1st M., 7s, 1890.M&S
85
89*2
Newtown & FI., 7s, 1903 ...M&N
80
N. Y. &
85
Rockaway, 7s, 1901. A&O
Smitht’n & Pt. Jeff., 7s, 1901.M&S
65
Logansp. Cr.& S.IV.—1st, 8s, g.Q—F
6
Louis a & Mo.R.—1st,
90
80
7s, 1900F&A
Lomsv. Cm.& Lex.—1st,
115
7s,’97-J&J 112
2d mort., 8s, 1900
20
21
A&O
Louisville & NashvilleCon. 1st mort,,
7s
A&O
96*2 97
87
|d mort., 7s, g., 1883
M&N
fTsvdle
loan,
Lob. Br.
*]N.Y.
r
’26'
M., 6s,1883.M&N
Schuylkill—1st,
mort., 8s, 1890, certifs ..A&O
Cons. 7s, g., 1912
J&J
2d mort. debt
A&O
j N.O.Mob.&Chatt.—1st,8s,1915. J&J
97
L.—1st,6s,g., 1900J&J
T5fTiOCS
£ Pine Bl—1st,
Little
*57
20
59
55
28
ions.
no late transactions.
1
99*2
99*2
99%
.06
94
7s, reg., 1900
IN.Y.&Os.Mid.—1st M.,7s,g,
2d mort., 7s, 1895
.M&N
104*8
102
87
26
84
*25
M&S
1885. J&J
A&o!
1900.J&J
6s, g., reg., 1900
A&0!
Mort. bonds., 5s, 1926
J&J;
Con. mort, stg. 6s, g., 1904.. .J&J
is
Northern Cent’l Mich.—1st, 7s.....
Danville—1st M., 7s
.1903?
>2*6** *3*6*
mort, 6s, coup.,1910 Q—J
6s, reg., 1910. A&O
Cons, mort., 6s, reg., 1905..Q—M
do
6s, coup., 1905..J&D
Navy Yard, 6s, reg., 1881 ...J&J
Penn.&N.Y.—lst.7s,’96& 1906. J&D
Peoria & Hannibal—1st, 8s, 1878.
Peoria Pekin & J.—1st, 7s, ’94. J&J
106*2
105*2 106*2
•
Pcoria&R’k I.—1st,7s,g.,1900.F&A
78*2 Perkiomen—1st M., 6s, 1897..A&C
C. M., guar.,P.&.R., 6g., 1913.J&D
59
22
Petersburg—1st M., 8s, ’79-’98.J&J
2d mort., 8s, 1902
J&J
Phil. & Erie—1st M., 6s, I88I.A&O
2d mort., 7s, 1888
J&J
2d mort., guar., 6s, g., 1920. J&J
5 7
19%
72**->!
iPliila. & Reading—
6s, 1880
J&J
1st mort., 7s, 1893
A&O
Debenture, 1893
J&J
Mort., 7s, coup., 1911
J&D
Gold mort., 6s, 1911
...J&D
New convertible, 7s, 1S93...J&J
G. s. f., $ & £, 6s, g., 1908
.J&J
Coal & I., guar. M., 7s, ’92.. M&S
J Phil.Wil.&Balt.—6s, ’84-1900.A&O
10
50
42
42
32
10
60
18
35
.
I
Pitts.C.&St.L.—lstM.,7s,1900.F&A
2d morti, 7s, 1913
>18
105
92*2
92*2
V
100*2 101*2
Portl’nd&Ogb’g—lst6s,g.,1900J&J
(liv., 1st M., 6s,g.,1891..M&N
Portl.&Roch.—1st M.,7s, 1887. A&O
:*62*‘ *6*4''
83
97
102
99
*86
88
104*2 106
109
50
101*2 103
*95
57*2
Royal—1st 7s, g., end.’89.M&N
55
16
48
10
78
83
>*80% *81*
Reading & Columbia 7s
Ren.&S’toga—1st 7s,1921 eou.M&N
1st 7s, 1921, reg
115%
.
Rich’d&Dan.—C.M.,6s,’75-90.M&N
Piedmont Br., 8s, 1888
A&O
Rich. Fred. & Potomac—6s, 1S75...
Mort, 7s, 1881-90
J&J
115
74
83
90
.
Slieboyg’n& F-du-L.—lst,7s,’84J&D
SiouxC;&St.P.—lstM.,8s,1901M&N
Sioux C. & Pac., 1st M., 6s,’98. J&J
Shore L., Conn.—1st M.,7s,’80.M&S
So.&N.Ala.—lst,8s,g.,end.’90.. J&J
Sterling mort,, 6s, g
M&N
So.
Carolina—1stM.,6s,’82r’88.J&J
46*2
178
80
t55
t55
90
20
20
95
*89
*15
93
25
25
101
97
25
*90
92
87
92
35
42
32
75
110
94*2
!So. Minnes’ta—lstM.,8s,’78-88.J&J
1st mort, 7 s
94
|So.Pac.,Cal.—lstM.,6s,g.,1905. J&J
:
South western(Ga.)—Conv.,7s,1886
Muscogee R.R., 7s
:sd
t The purchaser also pays aoeraed interest.
46
85
100
20
50
95
1st, sterl. mort., 5s,g.,’82-’88.J&J
Bonds, 7s, 1902, 2d mort.... A&O
A&O
Bonds, 7s, non. mort
Southern of L. I.—M., 7s, ’79..M&S
100%
South Side, 1st, 7, 1887
105*2 107*2
M&S
do
112
S. F., 2d, 7s,1900.M&N
113*2
105
106*2 South Side, Va.—1st, 8s,’84-’90.J&J
102
2d mort., 6s, 1884-’90
J&J
80
85
3d mort., 6s, 1886-’90
i
J&J
102*2 104*2'So.Ceu.(N.Y.)—1st 7s,’99.guar.F&A
40
75
95*2
10
101
101
101
120
102
102
60
20
50
40
Rkf’dR.I.&St.L.—1st 7s g.l918F&A
5
*3
! RomeWat’n&O.—S.F.,7s,1891. J&D
2d mort., 7s, 1892
J&J
*92
*9*4 i Consol, mort., 7s, 1904
A&O
Wat, & R., 1st M., 7s, 1880..M&S
1183s 118%!
1
Rutland—1st M., 8s, 1902....M&N
118*2
104
M&S
Equipment, 8s, 1880
112
tuo
M&N
Equipment, 7s, 1880
106
108% Sandusky M.&N.—1st, 7s,1902. J&J
LOS
Savaunah&Ckas.—lstM.,7s,’89J&J
10*4
Chas.& Sav., guar., ’6s, 1877. M&S
113
112
Seab’d&Roan’ke—lstM.,7s,’81F&A
Sliam.Val.& P.—1st, 7s, g.,1901 J&J
118% 120
1
100
60
69
*67
55
103
105
73 h
74*2
100
118
*3*0
ioi
Quincy &Wars’w—1 stM. ,8 s,’ 90. J & J 1109*2 110*2
93
...
■
do
do
not endorsed..
Pueblo & Ark. V.—1st, 7s, g., 1903.
1*04 !
I 31
60
25
15
A&O
Pitts. Titusv.& B.—New 7s,’96F&A
Port Hur.&L.M.—1st,7s,g.,’99 M&N
Port
95
106
109*2 112
Pittsb.&Con’llsv.—lstM.7s,’98.J&J 100
Sterling cons. M., 6s, g., guar.J&J T99
CD CO
Pitts.Ft. W.&C.—lstM.,7s,1912. J&J 118
2d mort., 7s, 1912
J&J 112
3d mort., 7s, 1912.
96*2
A&O
Equipment, 8s, 1884
M&S U00
Vt.
106
95
*99
’80-’86.A&O
i Rieh’d&Petersb’g—8s,
New mort., 7s, 1915
M&N
86
85
75
100
105
i PekinL. &Dec.—1 stM. ,7s,1900. F&A
dodo
(other)
1N Y.Prov.&B’n—Gen. 7s, 1899. J&J
2d mort., 8s, 1899
>
Northern Ceil—2d M., 6s,
3d mort., 6s, 1900
Con. mort., 6s, g., coup.,
’97.A&O |103
;Pennsylvania— 1st M., 6s, ’80..J&J 10*5*2
87
M&N
1877
J&J
1893
J&J
2
North Carolina—M., 8s, 1878.M&N
North Missouri—1st M., 7s, ’95.J&J
J
North
Penn.—1st M., 6s, 1885. J&J
2d mort., 7s, 1896
M&N
Gen. mort., 7s, 1903
..J&J
>
Northeastern—1st
M., 8s, ’99..M&S
M&S
*
g.
Pat’son&New’k—1st M.,7s, ’78.J&J
Receiver’s certifs. (labor)
1st mort., 7s,
2d mort., 8s,
91
jParis&Dec’t’r—lstM.,7s,g.,’92.J&J
’94.J&J
jlNorf’k&Petersb.—lstM.,8s,’77.J&J
,
.
11634
96
86
82
91
2d
1
......
gock&Ft.S.-lst,l.gr.,7s’95.J&J
76*2
A&O
J&D
Nash.Chat.&St.L.—1st,7s,1913 J&J
N.O.Jaek.&Gt.N.—lstM.,8s’86. J&J
1
Income, 7s
Panama—Sterl’gM., 7s,
! Paris &
--
do
3d M., 7s, 1892.A&O
Buff.& E., new bds, M.,7s,’98. A&O 105
Buff. & state L., 7s, 1882... .J&J 106
Bet. Mon. & Tol., 1st, 7s, 1906...
106*2
Lake Shore Diy. bonds
106
A&O i*05
S., eons., cp., 1st, 7s. J&J 108^ 109
do cons.,
reg.,1st,7s,1900.0—J 106% 107
do cons., cp.,
96
2d,7s, 1903..J&D
r
|
55
98
82
100*2
.
:27
Ott. Osw. & FoxR.-M., 8s, ’90.J&J 1110
111
■Pacificof Mo.—lstM.,6s,g.,’88.F&A
96*2 96%
2d mort,,7s, 1891...
91%
J&J
i Car. B., 1st mort., 6s, g. ’93..A&O
70
88
72
35
111
107
100
90
.
96
79
5
70
20
71%
.Oregon & Cal. 1st M. 7s, 1890. A&O
l*2j
Cleve. & Tol., lst M.,7s, ’85.. J&J
Little Miami—1st
50
F&A
J&J
98
90
74
48
30
72
29
95
80
68
38
2d mort., 6s, 1875
J&J
3d mort., 8s, 1873
M&N
4th mort., 8s, 1880
M&S
Or. Alex.& M., 1st M., 7s. ’82.J&J
jINashv.&Decat’r.—1st,7s,1900. J&J
*9*5
Nashua* Low.—6s, g., 1893.F&A 1101*2 102*2
i
; Newark & N. Y.—1st, 7s, 1887.J&J
1101
101*2 New’kS’set&S.—1st, 7s, g.,’89.M&N
95
85
50
I
60
91
88
1st M., 7s,’98. Var
50
60
N. H. & N’til’ton—1 st M.,7s,’99. J&J 102
104
Conv. 6s, 1882
86
90
A&O
103^8 103*2 N. J. Midl’d—1st M., 7s, g.,’95.F&A
25
27*2
111% 11
2d mort., 7s, 1881
2
5
F&A
108
N. J. Southern—1st M., 7s, ’89.M&N
21
103
55
65
N’burgli&N.Y.—1st M. 7s,1888.J&J
103
105*2 N. Lon.&Nortk.—1st M.,6s,’85.M&S
105
! 2d mort., 7s, 1892
.......
J&D
Keokuk&DesM.—1st,7s,1904. A&O
do
Construction, 7s, 1889
Bonds, 1900
General mort., 7s..
Consol, mort., 7s, 1915
95
;Omaha&S.W.—lstM.,8s,1896.J&D
Orange&Alex’a—lstM.,6s,’73.M&N
General
do
45
Mont.&Euf.—1st, end.8s,g.,’86 M&S
55
10
30
8
6
50
S. F., 8s. 1890
M&S
Ohio&Miss.—Cons. S. F.7s,’98. J&J
94*2
Cons, mort., 7s, ’98
J&J
94%
2d mort,, 7s, 1911
55*2 57
A&O
Oil Creek—1st M., 7s, 1882. ..A&O
88
89
Old Colony—6s, 1897
102*2
F&A 1102
J&D 1102
6s, 1895
102*2
7s, 1895
M&S 1110
110%
75
Omaba&N.W.—1st, 1. g., 7.3, g. J&J
*t65
'170
Montclair & G. L.—1st 7s, (new)...
2d mort., 7s (old mort lsts).
83 %! Morris & Essex—1st, 7s, 1914. M&N
67
I
2d mort, 7s, 1891.
F&A
25
5
4
40
-45
Income bds,No. 11,7s, 1916.M&S
ilo
No. 16,7s, 1916.M&S
Funded
70
27
86%' Monticello&Pt.J.—lst,7s,g.’90Q—J
'
185%
M.,7s,g.,.J&J
Ogd’nsb’g&L.Ch.—Eq.8s,’78-’9.J&J
jOsw. & Syracuse—1st, 7s, ’80.M&N
mort., income
1st, 6s, g., 1899. (U. P. S. Br.)J&J
7s, assented
Income, 6s
!T18*2
Han. & C. Mo., 1st 7s, g.,’90.M&N
80
Mo. F. Scott & G.—1st., 10s, ’99.J&J
70
2d mort., 10s, 1890
A&O 1
5
Mob. & Mont.—1st, end. 8s, g.M&N
40
37
Mob.&Ohio—lst,ster.8s,g. ’83.M&N
Ex. certif., ster., 6s, 1883.. M&N
37
Interest 8s, 1883
28
M&N
2d mort., 8s, var
March
1
20
107
199
100
199*2 100
j Os w. & Rome—1 st M., 7s, 1915.M&N
M.Ouach.&RedR.—lst,7s,g’90.J&J
"68 “ *75**1 Mo.Kans.&T.—lst,7s,g.,1904-6F&A
1
90
16
Ask.
Norw’b&Worc’r—1st M., 6s.’97.J&J 1106
30
86*2
Mich. L. Shore 1st M., 8s, ’89.J&J
Mid. Pac—1st M., 7s, g., ’99...F&A
iMil. & North.—1st, 8s, 1901... J&D
97*2 I Miss. Cen.—1st M., 7s, ’74-84. M&N
97
2d mort., 8s, 1886
F&A
67
Cons, mort., 7s, g., 1912
M&N
99
Miss.& Tenn.—1st M., 7s,1876.A&O
Cons, mort., 8s,1881-’93
J&J
1
192
Jefferson—Ilawl’y Br. 7s, ’87..J&J
1st mort,, 7s, 1889
J&J
Jeff. Mad.& Ind.—1st, 7s,1906.A&O
2d mort., 7s, 1910
Kalamazoo&S.H.,lst,8s,’90.M&N
85
88
108
192% 5
Jack. L. & Sag.—1st, 8s, ’85....J&J
North Exten., 8s, 1890
M&N
Consol, mort., 8s, 1891
M&S
2d mort., 1878
Jamest. & Frankl.—1st, 7s, ’97.J&J
2d mort., 7s, 1894..
J&D
*20
*90
*30
*20
’
2d mort., 8s, 1879.M&S
Northern, N.J.—1st M.,7s, ’78. J&J
1900. J&J
N’tli. Pacific—1st,7'3s, g.,
90
90
99
94
99
99
Consol., 7s, 1902
M&N 106%
1st M. Air Line, 8s, 1890
J&J.
197*2
Mich. Air L., 1st, E.D.,8s, ’90.J&J
...
do
1st, W.D., 8s, 82. J&J
Equipment bonds, 8s, ’83.. .A&O
G(l. Riv. V., 1st 8s, guar.,’86.J&J *185
Ind’apolis& Yin.—1st, 7s,1908.F&A
Bid.
.:
Marq’tte Ho. & O.—1st, 8s,’92.F&AL
Mar. & O., M., 8s, 1892
J&D)
110*2
Houghton & O., 1st, 8s, ’91...J&Jr
17
Mass. Central—1st, 7s, 1893.
Memp. & Charl’n—1st. 7s,’SO.M&N
2d mort., 7s, 1885
J&J
65
Mem. & L. Rock—1st, 8s, ’90.M&N
Mich. Cen.—1st M., 8s, 1882..A&O
2d mort., 8s, 1890
J&J
Extens’n 1st M., 7s, g., 1912.J&J
Railroad Bonds.
95
35
108
96
Ind’polisBl’m.& W.—1st, 7s, g.A&O
90
103
105
90
44
1
g., 1891.F&A
2d mort., 7s, 1896
M&N1
3d mort., 8s, 1890
J&JI
Scioto & Hock.Val., 1st, 7s..M&N1
Balt. Short L., 1st, 7s, 1900..J&JI
Cin. & Balt,, 1st, 7s, 1900....J&Jr
Marietta P. & Clev.—1st, 7s, g., ’955
Consol. 7s
J&D>
110
105
39
Hunt. & Br. Top—1st, 7s, ’90..A&O
2d mort., 7s, g., 1895
F&A
35
Cons. 3d M. 7s, 1895
A&O
Illinois Central—6s, 1890
A&O
Sterling, 8. F., 5s, g., 1903..A&O >*93**
Sterling, gen. M.,6s, g., 1895. A&O 106
do
J&D :94
5s, 1905
Ill. Grand Tr.—1st M., 8s, ’90.A&O 109*2
Ask.
92
100
45
18*2 20
92
Sterling, 1st M., 7s,
Waco & N. W., 1st, 7s, g.,1903.J&J
A&O
Cons, mort., 8s, 1912
3d mort.,7s, 1899....
Bid.
Macon & Aug.—2d, end.,7s,’79.J&J
J
Macon & Brunsw.—1st, end.,7s. J& J
J
Hannibal & Nap—1st,7s, ’88.M&N
Han. & St.
,
401
In London.
95
40
84
65
54
50
64
97
90
66
58
65
96
100
*82
84
Var.
ISteubenv.&Ind.—lstM.,6s,’84.Var.
+
70
In Amsterdam.
THE CHRONICLE
462
QUOTATIONS OF STOCKS AND BONDS—Continued.
GENERAL
!
Railroad Bonds.
Bid.
Ask.
St.Jo.&D.C.,E.D.—lst,8s,g.,’99F&A
W. D., 1st raort., 8s, 1900...F&A
St.L. Alt.&T.H1st M., 7s, ’94.Var.
2d mort., 7s, 1894
2d income, 7s, 1894
M&N
Equipment, 10s, 1880
M&S
St.L.&IrdnM’t—1st M., 7s, ’92. F&A
2d mort., 7s, g., 1897
M&N
Cons, mort., 7s, g., 1914
A&O
Ark. Br. l.gr., M., 7s, g., ’97. J&D
Cairo Ark. & T.,1st,7s,g.,’97. J&D
Cairo & Fill., lst,l.g.,7s,g.,’91.J&J
St. L.& S.E.—Coll. M.,7s, g.,’94M&N
1st, cons., 7s, g., 1902
F&A
10
4
14
5
112
85
69 78
84
'
&N.,lst,7s, 1897. J&J
St.L. Jacks’v.&C.—1st, 7s, ’94.A&O
St. L. & San F.—2d M., class A
2d M., class B.
Evansv. H.
98
62
35
62
25
2
*32
2d sec., 7s—<
M&N
.J&D
Cons., 7s
Bonds ©f 1869, 7s
M&N
“St. Vincent & B.. 7s..:
J&J
do Receipts’ certfs., 10s, J&J
Summit Br.—1st, 7s, 1903
J&J
^2038
TT18
1124*2
118*4
Terra H.& Ind.-^-lst M., 7s,’79. A&O
105
112
Texas & Pac.—1st M., 6s, g—M&S
ConsoL mort., 6s, g
J&D
Tol.Can. S.&D’t.—lst,7s,g.l906J&J
*75
85
‘
do
do
do
ex
coup. F&A
2d, 7s,’93...M&N
1. & S,
& Ia.,
g’ncy
Tol.,1st,
1st.7s,7s,’82ex c’p.M&N
F&A
do
do
ex coup.. F&A
United Co’s N.J.—Cons.,6s,’94.A&O
Sterling mort., 6s, 1894
do
M&S
Utica Ith.&E1.4-lst,7s,g.,1902.J&J
Verm’t & Can.—New M., 8s
,
Pref., 7.100
100
100
50 §
35
25
do
48
17*4
do
do
tl05
t92%
1H
;
do
69
69*8
92
51
56
51*8
65
38
35
42
§38
1338
§2
§5
4
do
Lake Shore & Mich. So.
69*8
112
100
112
100
100
§39*2
92
.,
6
4*2
69*4
40*2
50
*15
25
126*2
§11*2
1st pref.
2d pref..
13
90
100
100
§47*2
leased, 5—100
receipts.;
(N. J.), leased, 7
93*2 Morris & Essex, guar., 7
75%
Wilmingt’n & Weldon, leas’d, 7.100
Worcester & Nashua
—100
65
44
Pliila., pref
j
CANAL
7s, 1884
J&J
7s, 1877
J&J
98*2
103*8
A&O
A&O
95*2
Coupon 7s. 1894
Registered 7s, 1894
42
§44*2
178
2
do
6s, g., reg., 1894.M&8
6s, gold, coup. & reg., 1897..J&D
Consol, mort*, 7s, 1911
J&D
Louisv. & Portl.—3d mort., 6s
4th mort., 6s
Morris—Boat loan, reg., 1885.A&O
98
mortgage....
Chesapeake & Delaware.
50
Delaware & Hudson
100
Delaware Division, leased, 8... .50
100
James River & Kanawha..
Lehigh Navigation
Morris, guar., 4—
do
pref., guar. 10
Pennsylvania
100
)
38
142
Schuylkill Navigation
.50
pref..
153
I The purchaser also pays accrued interest.
J In
125
9838
96*2
50
do
38*2 Susquehanna
do
^
pref
88*2
60
90
62
50
*50
100
89
65
95
70
50
50
*35
50
h-i-
45
Par.
10678 107
§38
46
105
Lehigh Nav.—6s, reg., 1884...Q—J 104*2 105
Railroad 6s, reg., 1897
Q—F 104*2
Debenture 6s, reg., 1877
J&D
Convertible 6s, reg., 1882...J&D
y
)
5
65
30
5
75
96
6s..M&N
M&N
Jas. Riv. & Kan.—1st M.,
2d mort., 6s
CANAL STOCKS.
47
Northampton..,
102*2 N. Y. N. Haven & Hartford
16*2
BONDS.
Pennsylvania—6s, coup., 1910.J&J
Schuylkill Nav.—1st, 6s,1897.Q—M
2d mort., 6s, 1907....
J&J
7
Mortgage 6s, coup., 1895 ....J&J
665e
6s, improvement, cp., 1880.M&N
49
6s, boat and car, 1913..., . .M&N
7s, boat and car, 1915..., .M&N
75% Susquehanna—6s, coup., 1918.J&J
7s, coup., 1902
J&J
Union—1st mort., 6s, 1883.. .M&N
......
ll7e
16*4
'—
.
1
115
67
18*2 20
109*4 110
'DO
New
84*4
do
95
99
80
74
Cliesap. & Del.—1st, 6s, 1886..J&J
80
65
Chesapeake & Ohio—6s, 1870 Q.—J
Delaware Division—6s, 1878..J&J
Del. & Hudson—7s, 1891
J&J 100*2 100%
36
6
103
85
92
.,50
773s!
93
45
66*8
98
99
25
8
5*8
3*2^
§40
do
2d pref
Balt. Short Line, guar., 8...
Cincinnati & Balt., guar., 8
New York Elevated.
16*2
7
5
25
1
......
103
14*4
pref., 10.100
do
do
Vermont & Mass.,
>ash Pur. Com.
Westchester &
99
$101
50
25
3
10
60
6
110
66
ren
City St. Jos. & Coun.
......
do
do
80
85
....
10
1
9
Pref. 100
27
70
102*2
do
91*2
75
12
Joliet &
New Haven &
Price nominal; no late transactions.
pref......100
41*4
13*2
>
*
do
do
Belleville & So. Ill.,
.50
22
>
2*2
....100
100
Roanoke
do
guar
10*2
71
do
Pref., 7....
Scrip
do
do
’
100
35
107
4
30
■
873s
3*a
95
100
50
80
guar. 6....100
guar. 7....100
do
do
4*4
••••••
70
106
40
50
97
3
§22'
do
Little Miami, leased, 8
9%
92
2*2
80
5
100
100
§37
85
90
Kansas
jo
44*4
91
77
110
100
100
61
64
Pref., 8
do
157g
7.100
Special, 7.100
do
9%
19
§-
Pref.
RAILROAD STOCKS. Par
11%
■!
do
70
30
.50
& Buffalo...50
do
do
104*2 106
101
101*2
34
36*2 Marietta & Cin., 1st pref
H83%
Pref., 7
§54
77*2 85
103
107
110
112
*75
77
*77 *2 78*2
86*2
50
50
iti & St. L.. .50
Macon & Augusta.
Winona&St.Pet.-
§9
Pref., 8
377s 38
66*4 66*4
1015s 1017e
14*2 16
,
t60
102
.50
phii
31
44
85
West. Union RR.
W. Wisconsin-
Pref.
51
127
Grand River Valley, guar., 5..
Houston & Texas Central
98
110
32
357s
60
50
Fitchburg
100 1055s
75
Georgia Railroad & Bank’g Co. 100
Vermont Cen.—1st M., 7s. ’86.M&N
2d mort., 7s, 1891
J&D
Stanstead S. & C., 7s, 1887..J&J
Vick.&Mer.—IstM.,end.,7s,’90. J&J
2d mort, end., 7s, 1890
J&J
80
Virginia&Teun.—M., 6s, 1884.. J&J
4th mort., 8s. 1900
83
J&J
100
Warren (N.J.)—2d M., 7s, 1900
78
Warren&Fr’kln—lstM.,7s,’96.F&A
Westch’r& Phil.— Cons.,7s,’91. A&O *109
West’n Ala.—1st M., 8s, ’88...A&O
90
2d mort., 8s, guar., ’90
90
A&O
Montg. & West Pt., 1st, 8s.. .J&J
West. Md.—End., 1st, 6s,90...J&J 110
§29*4 29%
38
35*2
3%
96*a
127
934
c, guar.,
Erie & Pittsburg, guar., 7
do
20
23
lie, leased...50
42
90
79
4
90
31
18
96*4
71*2
East Pennsylvania, leased
50
East Tennessee Virginia & Ga.100
111*2 Eastern (Mass.)
100
Eastern in N. H
100
103*8 Elmira & Williamsport, 5
50
do
9478
Pref., 7..50
101
Erie Railway
.100
75
do
Pref., 7
100
104
108
.100
102
98
104
105
36
Pref.
805g 83
103*8 10338
§5
Pref., 6.50
Clev. Col. Cin. & Indianapolis.. 100
Clev. & Mahoning Val., leased.. .50
iOC
do
125
191*2 92
0~8 10
43%
■
do
28
123*2
35
100
Chicago & Rock Island
Cin. Hamilton & Dayton
Cin. Sandusky & Cleveland
§13is
124
30
i Balt
100
100
100
Clev. & Pittsburgh, guar., 7
50
25
Col. Chic. & Indiana Central...100
25
28
Columbus & Hocking Valley... .50
111
Columbus & Xenia, guar., 8
50
77*4
Concord
50
12
15
Concord & Portsmouth,guar.,7 100
51
55
Connecticut & Passumpsic
100
88
Connecticut River
100
110
Cumberland Valley
50
91
do
Pref
50
91*2
75
Danbury & Norwalk
50
82
Dayton & Michigan, guar., 3*2-.50
95
do
Pref., guar., 8.50
77
81
Delaware
50
107
*98
Delaware & Bound Brook
100
110
Delaware Lack. & Western
1108
50
110
*108
Dubuque & Sioux City
100
J&J tl07
J&J tuo
2d mort., pref., 6s, 1895..
16*4
25
37
50
50
100
Chicago & North Western
95
J&J
Mississquoi, 7s, 1891
Verm’t&Mass.—1st M.,6s, ’83.J&J +103*2
Conv^7s, 1879
do
7s, 1885
45
Pref., 7.100
do
95
68,1901
M&S
Cam. & Amb., 6s, 1883
F&A 103
do
6s, 1889
J&D *102
do
mort., 6s, ’89.M&N 109
UnionPac.—1st M.,6s,g.’96-’99.J&,1 105*8
Land Grant, 7s, 1889
A&O 103
94
Sink. F., 8s, g., 1894
M&S
Om. Bridge, sterl. 8s, g., ’96.A&O
199
Utah Cen.—1st M., 6s, g.,1890. J&J
•WD
Utica & Bl*k R.—1st M., 7s, ’78.J&J
87
Mort., 7s, 189X
J&J
:
'
100
100
Chicago Milwaukee & St. Paul. 100
46*2
25
§15
§26
§9
§33
§3.0
Chicago Iowa & Nebraska
do
Tol.P.&W.—lstM.,E.D..7s,’94.J&D
43*4
24%
do
Pref., 7
100
8*2 Chicago Burlington & Quincy.. 100
90
18
74
15
......
50
Cheshire, pref
Chicago & Alton..
Champ... 100
Pref., 8. .100
3
Ask.
§16*2
72
93*4
121
50
pref
New, pref
Central of Georgia
Central of New Jersey
Central Ohio
do
Pref
Central Pacific
Charlotte Col. & Aug.
.
109
55
lst.mort., W. D., 7s, 1896...F&A
2d mort., W D., 7s, 1886
A&O
Burl. Div., 1st, 7s, 1901
J&D
do
Cons. M., 7s, 1910..M&N
Tol. Wah. & W.--lst M., 7s,’90.F&A
2d mort., 7s, 1878
M&N
Equipment, 7$, 1883
M&N
Cons, mort., 78, 1907
Q—F
1st, St. L. div., 7s, 1889
F&A
Gt. West., insist, 7s, ’88... F&A
do
75
100
73
1193
*185
108
45
Sunbury&Erie—IstM., 7s,’77. A&O
Susp.B.&ErieJuiic.—1st M.,7s
Syr.Bing.&N.Y.—lstM.,7s,’77.A&0
Catawissa
do
Old,
Bid.
50
do
50
50
50
Camden & Atlantic
do
Pref
Railroad Stocks.
,!
100
100
100
TT55
.
Burlington & Mo., in Neb
Ask.
125*4
Bost, Clint. Fitchb. & New Bed.100
100
Bost. Con. & Montreal
do
Pref., 6... 100
Boston & Lowell
500
Boston & Maine
100
Boston & Providence
r.
100
Buff. N. Y. & Erie, leased
100
100
M&N
2d, 7s, guar.,’98
65
42
65
35
5
37
Bid,
Central
100
100
Berkshire, leased, 7
Boston & Albany
i
100
*
104*4 104*2 Cedar Rapids & Mo
52
do
Pref., 7
St. Paul & Pac.—1st sec., 7s...J&D
St.L.Vand.&T.H.-lstM.,7s,’97.J&J
Railroad Stocks.
,
52
29
25
73
“95
*65
do
class C,
South Pacific.—1st M
[Vol. xxv.
50
§*30
§18
18%
100 ii5
50
50
§7
50
London, ft In Anfsterdam. § Quotation per share.
8*2
6
October
THE
27,1877.]
QUOTATIONS OF STOCKS AND BONDS—Continued.
GENERAL
Bid.
Miscellaneous.
Ask.
Bid.
Miscellaneous.
Ask.
N.E
(Balt.)—
89
J
J
89
*103
*
90
.
Consol. Coal—
1st M., 7s, 1885
1st, conv.,6s,
J
J
97
95
98
75
’79...J&
2d M., 68,1879.F&. L
Ill. & 8t. L. Bridge—
)
98
94
100 "
96.
193
r
3
153
1 23
*68
95
56
27
72
101
105
1stM., 6s,
.
1104*2 105
Pullm’n Palace Car—
95
92*2
92*2
4th do
99
95
99*a 100
90
196*2
97*2
6s, g.,
Western Uni on-Tel.—
106% 107*2
1067g
100
198
1490
103
American Flag
Belcher Silver ....100
100
100
..50
North
North America
Old Boston
14*4
■15
5
820
People’s
Redemption
Republic
100
100
Revere
Rockland
Second Nat
100
100
100
Security
100
100
Shawmut
100
Shoe & Leather... .100
State
100
100
100
100
100
Suffolk...,
A sk.
118*2 119
107**
107
60
62
147*2 149
130
130
108
131
131
109
140
138
139
137
200
195
115*2 116
114
114*2“
108*4 108%
120*2 121
112
109
102
109
135
131
101
137
133
102
90
96
First National...
Fulton
170
85
City National
200
190
95.
230
75
100
95
170
170
Third Nat
Traders’
Tremont
Union
100
Washington
100
Webster
100
104
I09*a
Brooklyn.
Atlantic
Brooklyn
...
65
90
90
165
150
Commercial
Long Island
Manufacturers’.
Mechanics’
Nassau
Brooklyn Trust.
Charleston.
STOCKS.
19*4
23g
230
2*2
2 *2
3
2
.
24
20
22
15c.
10
100
%
Bridge. 100
Merc’ntile Tr. (NY) 100
Mtg.Secur.IBost.)
III. & St. L.
O. Dominion SS.Co.100
Pacific Mail SS. Co.100
Prod. Cons.L’d & Petr
Pullin’n Palace CarlOO
St. Louis Transfer Co.
Un. Mining (Tenn.).lO
Union Trust
100
U. S. Mort.Co.(NY)100
West. Union Tel... 100
102
1
100
107
110
; 24
25
78*2
20
10
71
1
^
1
.1000 1350
IMINING STOCKS.
81*2
Coal.
I
l
I
EXPRESS ST'CKS
97*2
54
Coal
20
95
GAS STOCKS.
do
do
120
101
104
14*2 15
802*2 805
33
31
120
119
113
112
138
136
100.
98
99
99*2
125
122
85*2 86
80
90
112
97
98
175
165
certs...
People’s G.L.of Balt.25
Boston Gaslight.. .500
East Boston
South Boston
.25
100
Brookline, Mass... 100
Cambridge, Mass.. 100
Chelsea G. L
100
Dorchester, Mass.. 100
Lawrence, Mass... 100
Lynn, Mass., Gas.-. 100
Maid. & Melrose... 100
Newton & Wat’n ..100
Salem, Mass., Gas. 100
Brooklyn, L. 1
25
Citizens’, Brooklyn. 20
Metropolitan, B’klyn.
78
67*2
Nassau, Brooklyn ..25
Wilfiamsb’g, B’klyn 50
75
30
115
Chicago G.& Coke. 100
140
People’s, Brooklyn. 10
Flatbush,L. I...
Charle8t’n,S.C.,Ga8.25
Cincinnati
G, L..25
Mobile Gas & Coke....
75
80
45
122
5
Metoopolitan, N.Y.100
Mutual of N. Y....100
New York, N.Y....100
..100
80
95
198
127
90
125
180
t
r
18*4
do
g
g
g
Francisco
Jil. Min.100
6
>il.,Mol>.100
10*2
do
g
g
no
25
pref. 100
Coal
25
§74
V
77
v
1
BOSTON
MINING
75
150
99
C
(
C
I
I
I
I
25
I
4 iuincy
I lidge
I
103*2 8
late transactions,
40*2
34
120
8*2
104
8
32
*
10%
112
105
20
135
98*2
61*2
34
Chicago.
Atlas
Blackstone
Blue Hill
Boston Nat
100
..100
100
100
...100
Boylston
100
Broadway
100
Bunker Hill
Central
100
100
City
100
10
25
1*2
1%
9
20c.
25c.
50c.
10
30c.
30c.
50c.
50c. 100c.
30c.
25c.
22
19
5c.
2
1
10
38
2
100
Eleven th W ard.... 100
Eliot
100
100
Exchange
100
Everett
Faneuil Hall
100
First National
100
First Ward
100
Fourth National. .100
Freemans’
100
Globe
100
Hamilton
100
Hide & Leather.. .100
Howard
100
Manufacturers’.. .100
Market
100
.250
Massachusetts
Maverick
100
Mechanics’ (So. B.)100
100
Merchandise
100
Merchants’
134
11*4
35
94
166
96
115
140
104*2
105
100
108
20
Un.Stock Y’ds Nat.100
110
31
41
35
131
9
108
9
35
11
115
106
25
170
100
85
210
108
100
150
Mt. Vernon
New England
t The purchaser also pays accrued int.
99
93
11*6’
102
130
62*2
35
Cincinnati.
First National
Fourth National
German Banking Co..
Merchants’ National..
Nat. Bank Commerce.
Second National
Third National
Cleveland.
100
Commercial Nat. .100
First Nat
100
Merchants’ Nat... 100
National City
Ohio Nat
Second Nat.:
100
100
100
113
100
121*4 City Nat
Connecticut River. .50
95
Far. & Mech. Nat. 100
168
First Nat
100
97
Hartford Nat
100
115*2 Mercantile Nat.. ..100
141
106
107
100*4
108*^
22
L86
160
130
97*2 100
120
115
100
98
120
115
160
156
125
Citizens’ S. & L
National Exchange.50
Phoenix Nat
100
State
...100
118
63
126
90
38
115
91
151
114
62
146
110
126
64
128
95
41
116
95
130
131
75
95
112
10
85
95
153
117
65
150
113
Louisville.
111*2 112*2 Bank of Kentucky....
Bank of Louisville....
155
153
108*2 109*2 Citizens’ National
L33
131
City Nat
185
83
130
150
170
125
98
95
140
16*4
Hartford.
133
133*4
114*2 115
TEtna Nat
100
106
106*4 American
Nat
50
101
100
Charter Oak Nat.. 100
111
121
75
111
Commercial of Ky....
83*2 Falls City Tobacco....
Farmers’ of Ky
87
L08*2 Farmers’ & Drovers’..
108
L12
First Nat
110
118
L18*2 German Ins. Co.’s
110*4 L10% German
L13
Gerrnau National
111
99
99*2 Kentucky Nat
Louisville Ins. & B. Co
108
107
120
Masonic
115
151
Merchants’ National..
150
133
Northern of Ky
132
101
101*4 People’s
132% 133*4 Second Nat
92
92*2 Security
100
Third National
180
100 177
116*2 Western
5.100 116
100 135 135*4 West’n Financ’l C’p’n.
94
98
103
| In London. § Quotation per share.
1T Ex div.
i‘05"
iOO
110
117
165
...
2*2 Metropolitan
50c. Monument
50c.
5c.
100
100
.100
100
Central National..100
Commercial Nat.. .100
Corn Excli. Nat.. .100
Fifth National ....100
First National
100
German National. 100
Hide and Leather
Homo National
.100
Merchants’ Nat.. .100
Nat. B’k of Illinois.100
Northwestern Nat. 100
Third National... .100
Union National... .100
..
Boston.
Atlantic
Eagle
50c,
1733* 174
38
36
3
10c.
7c.
5c.
87*2 I
100
»
200
B
131
B
49
75
20
Columbian
Commerce
Commonwealth..
Continental
STOCKS.
g
i‘03"
G L.
Price nominal;
“73”
140
98
21
36*4
pref.
1
Portland, Me., G. L.50
St.Louis G. L......50
Laclede, St. Louis. 100
Carondeiet
..50
Union
Western
F
92*2 J
127*2 C
103*2 104*2 I
*48
25
Second National ..100
Third National... .100
131
7
29
16
106
27
People’s National. 100
People’s of S.C. (new)2o
S. C. Loan & Tr. Co. 10o
Union Bank of S. C.5o
23*e
I
Central
2’G* L.
j
(
^
1% People’s
82*2
24
145
168*2 169
47
50
160
118
iii 115
Jersey C.& Hobok’n 20
People’s, Jersey C
Jxmisviiie G. L...
of N. Y.....50
Harlem, N. Y
50
Manhattan,N.Y... 50
-
1«8
25
Citizens’
..10
Com. & Farmers’.. 100
Farmers’ B’k of Md.30
Farmers’ & Mercli. .40
Farmers’&Planters’25
27*2 First Nat. of Balt.. 100
Franklin
12*2
German American
1
Howard
Marine
.30
Mechanics’
..10
105
Merchants’
100
National Excli’ge. 100
»al
100
!oal....l0
/
G. & Coke.
Hartford, Ct.,
pref. 100
l
128
38
.....25
10
)C
C
c
I
B
84
Baltimore Gas....100
.25
.10
§25
<
98*2
54*2
-44*i.
100
Baltimore.
Chesapeake
4
COAL
Sc MISCEL.
150
100
100
100
1400
Bank of Baltimore 100
Bank of Commerce.25
^
Adams
American
United States
Wells Fargo
BANK STOCKS.
79
30
;
81*4
12
74
62
125
114
10
63
42 *a
B’k of Clias.(NBA) 100
FirstNat. Chas.. .100
'
Cary Impr’m’t(Bost.)5
Cent. N.J.L’dlmp.lOC
Cin. & Cov. B’dge pref.
*
1978 Alpha Consol G&S.100
Bid.
Bank Stocks.
'
Boston Water Power.
can
BOARD
Bertha <fc Edith....
•8
114*2 Best & Belcher... .TOO
Bobtail
30
Bullion
100
11*4
82
Caledonia Silver ..100
1515
35s
100
1000 California
Cliollar-PotosL
100
725
Cleveland Gold
10
5*4
60
Cambria Iron(Pa.).. 50 §55
Consol. Imperial.. 100
1*8
113*2
114*2
(Mass.)
..100
Chicopee
Consol. North Slope
Coclieco (N.H.)
500 670 700
30
6
6*4 Consol. Virginia... 100
CollinsCo. (Conn.).. 10
6
Contidence Silver. 100
80
79
Continental (Me.). 100
Crown Point
100
gl’s Axe (Mass)lOO 108*2 109*2 Eureka Consol.... 100
46
gilt (Mass.). ..500 435 445
84
Exchequer G. & S.100
82
rett (Mass.)... 100
Gould & Curry S..100
10%
85
tiklin (Mo.)
100
Grant
100
82*2 83
Granville Gold Co.
925
900
Hale & Norcros8. .100
7%
224
220
82
84
Henry Tunnel Co.
Hukill
4*2
143
138
Julia Consol
100
1075
1050
Justice
100
13*8
41
7%
Kentuck...
415
425
Kossuth
50
600
650
•33
1300 Lacrosse
1260
630
620
Leopard
100
Lucerne
10
270
280
Merrimac Silver.... 10
750
800
Mexican G. & Silv.100
73
74
6*2
Moose
135
139
2*8
1100 N. Y. & Colorado...
Cotton..... 1000 1080
16*2
1325 Northern Belle.... 100
1320
23*4
Ontario
171
xl70
17*4
550
Ophir Silver
100
H.)
500 535
98
98*2 Orig.Comst’k G& S100
]
203g
Overman G. & S.. .100
190
200
]
1918 Raymond & Ely.. .100
.1000 1915
St. Joseph Lead
70
10
Co.. 50 §60
10*2
765'
Savage Gold& Silv.100
...500 760
:
1T5
5
20*4 20*2 Seaton consol
203
201
Segregated Belcli’rlOO
Sierra N e vada Sil v. 100
25
30
S
Silver City
s
890
100
875
Silver Hill
100
133
130
5
Southern Star G&S100
*700
800
'l
Union Consol. Silv.100
14
13
1
1
Yellow Jacket
100
87*2 90
r
j
§1958
1465
102
815
114
25
81
1505
Boston Co.(Mass.)1000 995
Bost. Duck (Mass.)700 700
„„
Cumberl’d Coal & I.— I
Ask.
Par
Am.B.H.8.M.(Pa.)12*2
Amoskeag (N.II.) 1000
Androscog’n (Me.).100
Appleton (Mass.). 1000
Atlantic (Mass.)... 100
Bartlett (Mass.)...100
Bates (Me)
100
Boott Cot. (Mass.) 1000
92
92
105
102
Bid.
MINING STOCKS
STOCK S.
bonds.
Miscellaneous.
AM.
MANUFACT’ING
Canton
403
CHRONICLE
108
112
118
170
96
HO
121
122
15
97
123
87
98
124
88
102
95^
404
THE CHRONICLE
GENERAL
For
Bid.
Bank Stocks.
8
105
70
•
QUOTATIONS OF STOCKS AND BONDS—Concluded.
Explanations See Notes at Head of First Page of Quotations.
Ask.
Bank Stocks.
10
Commonwealth Nat 50
Consolidation Nat.. 30
Corn Exchange Nat.50
Mobile.
Bank of Mobile
50
First Nat
100
Nat. Commercial.. 100
Southern B’k of Ala25
Eighth Nat
75
20
100
50
100
50
Consolidated
Dominion
Du Peuple
Ask.
30
32
50
50
Eastern
Townships 50
Exchange
100
Bid.
Insurance Stocks.
Revere
Shawmut
155*’
Shoe & L. F. & M..100 xl2G
Suffolk Mutual.... 100
95
100 xl47
Washington
175
160
132
65
,
Ask.
75
100
100
*48
Insurance Stocks.
80
82
130
100
152
78
Howard
Amazon
American
Cincinnati
Citizens’
Commercial
30
65
20
20
25
20
25
Eagle
...100
Enterprise
20
Eureka
20
Fidelity..
20
147
125
85
85
100
145
50
Irving
Imperial
100
160*2
People’s
100
Philadelphia Nat. .100
101*4
97*2
1@4
53
Jacques Cartier... 100
Second Nat
Seventh Nat
Sixth Nat
Southwark Nat
5334
Maritime
Merchants’
100 j
100 i
Metropolitan
100;
Molsons
Montreal
Nation ale
Ontario....-
50 i
200
50
40 102
Quebec
100
Standard
Toronto
Union
100
100
15614
65
69
Yille Marie
100
68
76V
67
67*2
20
14
101
104
103 V 164*4
Spring Garden
165
100
100
100
50
130
*’* *
50 !
*55
West
75
1
50
..
Philadelphia. 100
Lamar
Lenox
100
25
Long Isl’d (B’klyn).50
Lorillard
25
Manuf. & Builders’100
Manhattan
100
95
80
120
First Nat
i Merchants’ Nat
75
11*2 15
108
9*2
80
95
57
155
144
139
105
139
20
City Bank
20
! First Nat
100
Merchants’ Nat... 100
62
75
45
Nat. Bk of VirginialOO
66 V Planters’ Nat
100, HI
75
State Bauk of Ya.100
1734
18*4
84
'
New York.
Phoenix
Steam Boiler
Mechanics’ (B’klyn)50
Mercantile
..50
Merchants’
50
Metropolitan
30
Montauk (B’klyn).. 50
Nassau (B’klyn)...-50
National.
37*2
Broadway
102
122
City
200
100
Citizens’
Commerce
Continental
25
100
100
Exchange
...
100
East River.
25
Eleventh Ward
25
First National
100
Fourth National... 100
1
80
90
114
|
300
305
5
114
140
112
Boatmen’s Bank
Fulton
Fifth Avenue
30
100
OallatinNational ..50
German American 100
Germania
100
Greenwich
20
Grocers’...40
Hanover
100
120
200
32
..
75
San Francisco.
100
92
102
Bank of California...
Pacific.
95
9-7
65
115
97
100
67
120
Anglo-California
99
204
Union
130
Commercial Nat....50
*
93
81
INSUR’CE
Lafayette
Baltimore.
118
65
120
138
*
5
16
11734.118
130
131
110
90
133
115
[Dwelling House...100 xll6
117
100 x142
144
[ Fan euil Hall..
100
72
73
100lxl44
100| x85
145
Manufacturers’. ..100 xl35
140
Fireman’s
Franklin
Globe (closing)
100
100 *111
N.Engl’dMnt.F&MlOOj
America
Prescott
Price nominal; no kite transactions.
40
100 x125
100 x!25
117
94
115
118
230
130
200
160
157
90
Resolute
100
Rutgers’
..25
......
Star
Sterling..^
Stuyvcsant
100
25
60
165
120
J*. .100
52
50
100
95
80
110
.75
....
i’66
.
117
120
85
25
25
10
13*6
95
150
145
100
190
200
285
300
29
30
Pennsylvania Fire 100 155
160
Williamsburg City. .50
ilO
Philadelphia.§
*
*
Richmond.
Richm’d Fire Ass’n.25
Virginia F. & M
25
Virginia Home.... 100
Virginia State.... ..25
22
45
34*2
39'
80
18*2
85
89
40
102
16
39
100
28
50
18*2
41
105
30
St. Lonis.
23*4 Citizens’
37
101*2
100
100
100
100
100
100
100
Franklin
Jefferson
Marine
Pacific
Phoenix
St. Louis
19
20
97*2
65
70
75
15
80
20
75
New York.
25
..100
70
80
50
135
100
150
!.
.-.
Citizens’
■
75
Home Mutual
55
..50
105
205
50
212
210
185
150
State Investment. 100
Union
100
20
70
100
200
200
170
135
130
Columbia
30
Commerce Fire.... 100
Commercial
50
Continental
100 140
40
Eagle
Empire City
100 ii’5'
Emporium
100
30
Exchange.*.
Farragut
50 125
Firemen’s
17 110
Firemen’s Fund.... 10
Firemen’s Trust,... 10 iio‘
Franklin
100
Gebhard
100
German-American 100
Germania
Greenwich
[Guaranty
Guardian
50
50
.25
Home
Hope
25
§ Quotation per share.
114
170
125
280
100
100
15
50
50
100
Hanover
Hoffman..
San Franciaco.
California
100
Commercial
100
Firemen’s Fund... 100
20
Bowery
25
Brewers’&M’lst’rs.lOO
Broadway
^.25
17
Brooklyn
140*4 Hamilton
123
90
130
130
195
150
American Central ..25
Teutonia
Union
Globe
.(Mechanics’ MutuallOOj
90
Mercantile F. & M.100' 140
Neptune F. & M...100 x!22
^North
87
180
135
110
185
Franklin Fire
100
Delaware Mutual.. .25
Ins. Co. of N. Am’ca 10
Ins. Co. State of Pa 200
75
85
19
55
85
85
37
117
50
50
100
Commercial
25
Granite
100
7334
Mercliants’&Mech.lOO
99*2 100*2 Old Dominion
100
47
Piedm’t & A. Life. 100
99
City—
6Vi Clinton;
tS5
131
Mut.F&MlOO
j Commonwealth. ..100
1
245
ISO
88
63
13
43
•Boston
I 'Mass. Mutual
243
175
86
57
,
42*2
6*2
434
7
27
Alliance
100
American F. <fc M. .100
Eliot
85
5*8
25
Boston.
[Boylst’n
3*4
People’s
[Arctic
100
18V
Sun Mutual
Atlantic
91
44%
3*8
18 58
[American Exch...l00 100
Amity
100
STOCKS.
170
44*4
|
93
110
20
100
100
United States
Westchester
14*4
19*4
American
Associate Firemen’s.5
Baltimore Fire Ins. 10
’Firemen’s Insur’ce. 18
116 V
Howard Fire
5
Maryland Fire
10
Merchants’ Mutual.50
62*o
National Fire
.10
41
48*2
17*2
/Etna
Philadelphia.§
B’k of N. America .100
Central National.. 100
City National
50
Home
Hope
Adriatic
100
118
87
131
14
39
95
.50
7*2 Tradesmen’s
67
73
...
FIRE
j
55*’
Germania
Hibernia
■Merchants’ Mutual
: Mechanics’ & Traders’
New Orleans Ins. Ass’n
New Orleans Ins. Co
82
Republic
100
40
50
Crescent Mutual
Factors’ and Traders’
..
New York
100 il5‘
N. Y. Nat. Exch’gelOO
New York County. 100
Ninth National....100
50
North America... .100
80
North River
50
Oriental
25
Pad tic
50 130
Park
100 107
25 130
People’s
Fhenix
20 102
100
Second National.. 100
Se ven t h Wa id
100
Shoe & Leather
100
St. Nicholas
100
State of N. Y.(new)100
New Orleans.
•
114
77
70
140
140
City
78
100
133
7*4
130
220
American Fire.... 100
Fire Association... .50
......
St. Louis Nationa
50 120
Leather Manufts..lOO
Manhattan
50 135
Manuf. & Merch’ts.60
85
Marine
100
Market
100
Mechanics’
25 132
Mechanics’ B. Ass’n50
57
Mechanics’& Tr.. .25
Mercantile
100
90
Merchants’
50 116
Tradesmen’s
Queen Fire & Life.. 10
Royal Insurance... .20
20
80
145
65
80
35
60
10
75
Irving
Tenth National
Lancashire F. & L..20
Loudon Ass. Corp..25
Liv. & Lond. & Globe 2
North’n Fire&Life 100
North Brit, & Mer..50
108
100
ExcliangelOO
Republic
Ridgewood
108
195
60
19
78
143
82*2 Stonewall
Wash’ton Fire &M..50
92*2 Second National.
98
Produce
Relief
Standard
80
16
50
80
90
[Merchants’, Old..
.Merchants’ Nat
100
Cooper
People’s
Phenix (B’klyn)
222
45
118
225
155
St. Nicholas
Citizens’ Mutual... 100
Factors’& Trad’s’ Mut.
Mobile Fire Dep’t..25
Mobile Mutual...-...70
Planters’ & Mercli.Mut
8
125*6 127
Importers’ & Tr...l00
Merchants’ Exch’geSO
Metropolitan
100
Nassau....
100
55
40
Lucas
101
200
98
*140
217
115
65
50
100
95
150
85
80
135
110
75
95
112
100
112
105
80
100
113
INS.
SCRIP Ac.
65
New York.
..Atlantic Mutual1875
225
123
100
102*2 103
101
100
99
102
101
100
100
103
75
80
Commercial Mutual-
135
120
65
New York Mutual—
1864
118
*95*
102
MARINE
70
70
117
180
140
290
60
95
150
106
90
t Assessment paid.
'
80
50
25
25
100
North River
Pacific,.
Mobile.
1
70
126
100
40
112
220
150
104
190
Commerc’l Union.£50
Guardian
100
Imperial Fire
100
25
Bntehers’A Drovers25
Central National.. 100
•Chatham
.'
25
•Chemical
100
Niagara.
Park
Peter
218
140
180
145
New York City
N. Y. Equitable
35
New York Fire....100
Safeguard
22
117*2
110
128
125
110
65
95
125
London.
St. Louis.
America
100 135
American Exch’gelOO xl04^
Bank.A Br’kers A. 100
85
Brew’rs’& Groc’rs’100
Etna Fire
100
Atlas Insurance... 100
.,100
Connecticut
Hartford
100
National
100
Orient
100
Richmond, Va.
50
100
100
25
20
25
78
80
45
Workingmen’s
Corn
56
152
140
138
104
138
Washington
Western
117
92
130
170
130
160
160
85
160
Mech. & Traders’.. .25
Hartford, Conn.
Portland, Me.
50
People’s
Southern
State Nat....
Union
94
75
58
80
i *70
i
Louisiana Nat..
100
Mechanics’ & Trad..20
Mutual Nat
100
New Orleans Nat.. 100
[
i
1
New Orleans.
Lafayette
150
50
Union Nat
1103
73
Canal & Banking. .100
Citizens’
100
Germania Nat
100
Hibernia Nat
100
Firemen’s
20
Germania
20 ;
Globe
20
Merchants’**: Manuf 20
Miami Valley
i..50 !
National
100
Union
20
-
......
....
22d Ward
169
i
Hamilton
100
100
117
105
85
Kings Co. (B’klyn) .20
Knickerbocker
40
Lafayette (B’klyn) .50 iF 155*’
7.71 81187.
Federal
110
100
30
Jefferson
40
70
130
85
150
130
88
90
105
150
119
112
130
130
115
70
100
130
126
Bid., Ask.
Importers’ & Trad. .50
Cincinnati.
Manufacturers’Nat.25
27*2 28
105
Mechanics’ Nat....100 100
105
Nat. B’k Commerce.50
118*2 119*4
60
Nat. B’k Germant’n.50 *50
86
87*2
135
Nat.B’kN. Liberties 50 *130
122*2
Nat, B’k Republic.. 100
87
90
National Security. 100
107
55
65
Penn National
50
73
73*2
British N. America
Commerce
Bid.
158
131
60
GO
First Nat
100
Farmers’&Mech.N.lOO
Girard National... .40
Kensington Nat
Montreal.
[VOL. XXV.
1876
Orient Mutual—
1861
1875
Pacific Mutual—
j
j
90
60
80
50
80
50
1868
1876
Union Mutual1864.
! 1876
Great Western stock.
Mercantile stock
:Sun stock...
85
57*2
70
50
90
60
100
75
405
THE CHRONICLE.
27,1877.]
October
Amount ol
3 nD£0tmentg
Roads.
$.79,994
Chicigo & Lake Huron
Chi; ago Saginaw & Canada
Detroit & Bay City
Michigan Midland & Canada
AND
AND CORPORATION FINANCES.
""The “ Investors’ Supplement” is published on the last Saturday
of each month, and furnished to all regular subscribers of the
Chronicle. No single copies of the Supplement are sold at the
office, as only a sufficient number is printed to supply regular
STATE, CITY
331,
12,950
186,400
2-,OCO
105,( 00
Toledo Canada Southern & Detroit
Traverse City
iy,250
Total
$Sf:2,854
.
fl he
following companies, eight in number, report a part of
their interest paid; the amount unpaid being as given below,
and amounting to a total of $2,277,025 35, an increased default of.
$96,215 20 over the previous year:
subscribers.
REPORTS.
ANNUAL
Interest.
Chicago & Canada Southern
Interest
roads—
Railroads of Michigan.
{For the
year
1876‘)
From the report of Mr. B. W. Williams,
roads we have the following statistics for
unpaid.
Chicago & Michigan Lake Shore
Commissioner of Rail¬
the year 1870.
RAILROAD MILE VGE AND CONSTRUCTION.
60
Detroit & Milwaukee...*
Detroit Hillsdale & Southwestern
Detroit Lansing & Lake Michigan
Flint & Pere Marquette
Fort Wayne Jackson & Saginaw
345,716
444
335,M0’
661,264
72,51 0.
298,600
70,400
Marquette Houghton & Ontonagon
Michigan Lake shore
six corporations doing business in this State own a
5,25235 miles of road, and operate a total of 5,690-28
Total
$2,277,025
The operating expenses, interest and rental of the twenty-five
miles—a net gain over the previous year of 25 30 miles. Of the
above total, there are in this State 3,360*67 miles of operated
following-named roads exceeded their income by the several
road to which must be added that of the Chicago & Northeast¬ amounts named, which together make a total deficit for the year of
ern from Lansing to Flint, 50 miles, "which was completed in
$3,734,558, an amount less by $54,968 than for the previous year:
theViOsing days of 1876, and which, with the above total, gives
EXCESS OP OPERATING EXPENSES, INTEREST AND RENTAL OVER INCJMB.
Roads—
3 410*67 miles of completed road in this State.
& Canada Southern
$203,815
’The following table exhibits the itemized increase for the year Chicago
Chicago
Lake Huron
The thirty
total of
.
...
&
in this State:
4 25 miles.
13*00
“
•00
“
•12
“
■40
“
Detroit & Bay City.................
Glencoe Pinconning & Lake >*hcre
Lake Shore & Michigan Southern.
Kalamazoo & South Haven......
Michigan Air Line Railroad
18’46 miles.
Total increase
The following
roads show
a
decrease from re-measurement
:
1*6 miles.
24 “
Grand River Valley
Jackson Lansing & Saginaw
4*00 miles.
Total of decrease
Net gain for the year in Michigan....'
To which add Chicago & Northeastern
14'46
“
£0*00
Total net increase of road for the year
“
64*46 miles
growth of the railroad system of
In order to show the
our
table has been prepared, showing the num¬
ber of completed miles of road in the State each year since and
including 1838. From this table it will be seen that during this
period of 38 years only five years have passed without some
increase in our railroad mileage—1842, 1847, 1853, 1854 and
1860; and the year of greatest activity in railroad building was
1871, which witnessed the completion of 559 miles, while the
State, the following
least done
Year.
1838
1839.
in 1863, when only one mile was built:
was
Miles.
...
63
71
104
.
...
1810
1841
1842
1843.....
1814
1845
1846
......
147
180
220
233
279
279
1817
Year.
1848....
1819....
1850....
1851....
1852
1853....
1854....
1855...'
1856....
1857....
Miles.
..
..
..
..
326
353
380
421
Year.
1853
1859
1860
1851
Miles.
.
...
....
1862
.....
425
425
462
530
579
1863
1864.....
1865
1866
1867
.....
....
Year.
Miles-
703
It63...
770
1869..
1870...
777
811
812
891
931
943
1.739
1871...
1872...
1873...
1874...
1875.
1876...
3,313
I,0t6
earnings of the several roads in this State for
the year were $40,383,219, a decrease from the results of the
previous year of $702,060. The proportion of the above total
credited to this State is $17,704,606.
The earnings from passen¬
$11,263,942, a decrease from the year previous of
$326,951; from freight, $26,945,752, a decrease of $407,975 ; from
mails, $1,074,785, an increase of $129,364 ; from express, $759,724,
a decrease of $24 631 ; from other sources, $339,014, a decrease
of $71,868.
The earnings per mile of road were $7,094 39 a de¬
crease of $135 11 per mile.
The passenger earniDgs were twentyseven and nine-tenths per cent of the whole; the freight earn¬
ings, sixty-six and eight-tenths percent; tlie earnings from the
mail service, two and six-tenths percent; from express, one and
eight-tenths per cent; and from other sources, nine-tenths of one
per cent of the whole.
The gross earnings of our roads have rapidly decreased from
$48,158,363 in 1873 to $45,899,289 in 1874, $41,085,220 in 1875
and $40,383,219 in 1876, a falling off in four years of $7,775,143.
gers were
OPERATING EXPENSES.
The total amount expended for the operation of our roads for
the year was $26,885,103, a sum less by $2,700,517, or ten and
twelve hundredths per cent, than for the previous year. The
proportion of the above total chargeable to Michigan is $13,230,186, and the average expense of operation per mile of road was
$4,687..
In 1873 seiren roads failed to make their earniogs
equal the
expense of operaiion ; in 1874 four roads, in 1875 six roads, and
for 1876 five roads are
reported as under similar embarrassment,
as shown in the
following table :
^
Roads—
Chicago
OPERATING EXPENSES ABOVE EARNINGS.
’
& Canada Southern
$23,821
Lhicaeo Saginaw & Canada
Hecla &
i,9U7
20,184
195,147
136,146
i orch
Lake
Michigan Air Line R illroad
loledu Canada Southern & Detroit.
Total
.
..
$378,256
INTEREST AND RENTAL.
The
following
jear unpaid : -
«
hie igo
Detroit & Canada Grand Trunk Junction
Chicago Saginaw & Canada
companies report their entire interest for the
..
313,392
451,232
7.1,140
15,S57
Detroit & Bay City
.Detroit & Milwaukee
Detroi t l.ansing & Lake Michigan....
Flint & Pere Marquette
Fort Wayne Jackson & Saginaw
Glencoe Pinconning & Lake Shorj
Grand Rapid9 & Indiana
Hecla & Torch Lake
Kalamazoo Allegan & Grand Rapids
Kalamazoo & White Pigeon
Mansfield Coldwater & Lake Michigan
60,869
304,811
2 !8,128457,432
71.05&
3,6'.5
307,907
20,181
40,372
24,595
14.9:>4
172.510
..
Marquette HoH^hton & Ontonagon
Grand River Valley
Jackson l.ansing & Saginaw
Kalamazoo & South Haven
77,330
I
113,318
49,592
Michigan Air Liue Railroad
Michigan Lake Shore
Michigan Midland & Canada
363,14?
6*.085
28,0i O
Toledo Canada Southern & Detroit
Traverse City
211,196
12,305
Total.
$3,734,558
DIVIDENDS.
Four
companies report dividends paid during the
year as
$
follows:
Chicago & Northwestern, one of 2Y2 per cent on preferred stock,
$538,111 56
amounting to
Lake Shore & Michigan Southern, one of 10 per cent on guaran¬
teed stock, amounting to
And one of
per cent on common stock, amounting to
Michigan Air Line, one of 2 63 per cent on common stock,
amounting to
Mineral range, one of
GROSS EARNINGS.
The aggregate
.
Chicago & Michigan Lake Shore
53,350 00
1,607,661 25
7,890 53
5,575 Ou
5 per cent in stock, amounting to
Total
$2,212,588 34
For information in regard to the rental dividends paid to our
leased roads, I quote the following from the report of this office
for 1875:
“
Four companies which lease their roads receive their rental in
the form of a dividend. The names of these corporations and
the amounts received are as stated below:
“
The Chicago Detroit & Canada Grand Trunk Junction Rail¬
road is leased to the Grand Trunk Railway of Canada, which
pays the interest on its bonds—$1,095,000—amounting to $54,750,
and a dividend of 4 per cent on its stock—$978,984 67—amount¬
ing to $54,750.
“The Kalamazoo Allegan & Grand Rapids is leased to the
Lake Shore & Michigan Sjuthern Railway, which pays the inter¬
est on its bonds—$840,000—amounting to $67,200, and an annual
d vidend on its stock—$610,000—of 6 per cent, amounting to
$36,600.
“The Grand River
Valley is leased to the Michigan Central
Railroad, which pays the interest on its bonds—$1,500,000—
amounting to $120,000, and 5 per cent on its stock—$491,200-*—
amounting to $24,560.
“
Lansing & Saginaw is leased to the Michigan
Railroad, which pays the interest on its bonds—$4,253,000—amounting to $340,240, and the annual rental of $70,750.”
The following table exhibits the classes of freight handled,
and the per cent which each formed of the total tonnage for
the years 1873, 1874, 1875 and 1876 :
The Jackson
Central
,
Classes of Freight Carried.
1. Grain.
2. Fiour
3. Provisions (betf, pork,
cent.
11*54
4 64
lard, etc)
4. Animals
5. Oth r agricu tural products
6. Lumber and forest products
7. Coal
8. Plaster
9. Salt
-.
10. Petroleum
11. Paiload iron—iron and steel rails....
12. Pig arul bloom
13. Oilier iron and
I*. Ores
iron
castings
15. Stone and brick
lc73.
Per
2-99
5-78
2-54
1613
6*20
1S74. ■
Per
cent.
15-15
3-93
2*37
5*17
1-94
1717
6-61
•
.
•
•
....
«
•
•
•
•
•
•
•
•
.
12-38
149
•
• •
•
•
1875.
Per
cent.
14 57
5-83
3-63
6 48
2-86
19-21
7-25
•52
*53
5-05
•31
•85
1*87
9*77
853
1-46
1*86
Manufacture-—articles shipped from
2C6
point of produenon
17. Merchandise and other articles not
2-18
3272
29-54
1876,
Per
cent.
15-9T
5*71
395
6*47
2 69
1S*16
7-63
*34
*35
4*84
•ot
•77
1-267 74
1-65
16.
enumerated above...
/V
du
19-C8
2*39
19-44
408
THE CHRONICLE.
East Tennessee Virginia &
Georgia.
to
{For the year ending June 30, 1877.)
From the annual report of Mr. R. T. Wilson, President of this
important railroad company, we have the following:
The revenue receipts were:
From freight
$622 519
From passengers
300,025
From United States mail....
49,887
From express
18,395
—
From miscellaneous sources
From interest on Western North Carolina bonds
Total gross revenue
expenses and
Operating
3,221
16,030
$1,010,079
6t'8,923
......
taxes, 66 22-100 per cent
Net revenue, 33 78-100 per cent
Interest and exchange paid
$341,156
283,709
Leaving, after paying interest, taxes and operating expenses
57,446
A sum nearly equal to a dividend of 3
per cent on the capital
stock of the company, which the Board of Directors do not divide
however, for reasons herealter stated.
The following amounts have been expended for
renewals, bet¬
terments and taxes, and charged in the
expenses as above
stated, viz.:
3,0G0 tons of
111,000
new
new iron rails
cross-ties
$74,915
For
building and renewing cars
For renewing locomotives with
new
boilers
For
For
balla-ting
miles track
building nigh span Loudon bridge with
wooden-pan blown down, lengvh 170 feet
For taxes paid during the year
tr
iron, to take the
35,709
23,049
9,712
3,000
place of
..
....
Total
8,099
15,486
$1*0,002
Compared with the previous
year,
Decrease in gross revenue of
shows
as
follows
:
$64,905
18,4-3
Decrease in net revenue of
And a reduction in expenses of
46,471
Reference is made to the very full and
satisfactory report of
Vice-President and Superintendent McGhee, herewith
submitted,
for further information respecting the
operations of the road and
its business for the year.
The bonded indebtedness shows the
following changes since
the date of our last report:
1. The redemption of $135,300 of G percent divisional bonds
(E,
T. & Georgia Railroad Company), matured
July 1, 1876.
2. Sale of $37,000 of the first
mortgage 7 per cent issue, less
$27,000 of that issue bought for sinking fund account, making a
net reduction of $125,300 in the bonded indebtedness
of the
Company. This leaves in the Tieasury and in the sinking fund
$481,000 of bonds of the first mortgage 7 per cent issue, $277,000
of which the Company may dispose of at its
option.
There are also in the
Treasury $220,000 7 per cent Western
North Carolina Railroad bonds, on which interest is
paid semi¬
annually, that can also be sold as soon as satisfactory prices can
be had for them.
We do not think this will be a
great while, as
their intrinsic value is such
as
to
secure
for them
a
market at
very distant time.
They are a first mortgage lien at the
about $7,000 per mile on
completed road, which will be
reduced to about $5,000 per mile by the
no
rate of
completion of the line
being built to Paint Rock, which is covered by the mortgage
securing these bonds, and in addition to‘this security; the cou¬
pons are receivable for ail dues to the State of North
Carolina,
which gives increased value to them for home or North Carolina
investment. A floatiug debt of about $128,000 has been created
by the redemption of bonds, as previously stated. This should
be funded by the sale of first
mortgage seven per cent bonds,
or
else discharged by the proceeds of sale of the
Western
North Carolina bonds, as soon as either can be
disposed of at sat¬
isfactory prices.
The return of our first mortgage seven per
cent bonds from
Europe, caused by the general want of con¬
fidence in American railroad securities, and the
pressure to make
sales resulting therefrom, has reduced the
price of our first rnort
now
gage seven per cent bonds from about 94 to 90 cents on the
dollar, and rendered it more or less difficult to effect sales at the
reduced price.
The entire floating debt, however, in excess of cash
and cash
assets on hand is not
large, and the proceeds of the Western
North Carolina bonds sold at 85 cents would suffice to
pay all of
it of every class whatsoever, and in the meantime the
interest
received on these bonds will more than
equal the cost of carrying
our small
floating debt.
Rates on through business were raised about the
first of the
present fiscal year to something like living prices, which, together
a somewhat
enlarged volume of traffic, have increased the
receipts for the first quarter of the present fiscal year ending
September 30 about $33,000 as compared with the same time lasl,
year.
If a proportionable increase continues through the other
three-quarters of tbe present fiscal year, the company will be able
to pay its interest and earn a dividend of 6
per cent on its capital
with
stock.
Work is
progressing on the Western North Carolina Railroad,
rapidly as our interest leads your board to desire; still,
we hope by and
by that that valuable connection will be opened
to your road and to the business of the States of North and
South
but not
as
Carolina with East Tennessee.
If it were finished and the Knox¬
ville & Ohio Railroad completed to
a point on
the Cincinnati
Southern, there would be a large traffic between the Northwest
parsed over your road from Knoxville to Wolf
Creek, which would largely increase its earnings from that
source, to say nothing of the increase resulting from, coal and
other articles of local or East Tennessee production.
and Southeast
Your Board of Directors have en*ered into
a
contract
with the Memphis & Charleston Railroad
Company for a lease
for twenty years of the road of that company, under which the
East Tennessee Virginia & Georgia Railroad
Company agrees
[VOL. XXV.
operate the Memphis & Charleston Railroad, for
account and
risk of the latter, and account to it for all
net proceeds.
It will
not be a source of any direct
profit to your company, but it is
lieved it is alike beneficial to the interests of
both parties to it to
have the unified management and
interchange
of business pro
vided for in the lease, carried into effect and
continued under
The lease can be terminated at the
option of either party to it
on six months’
notice; provided, however, that in case you
elect
to exercise the option which
you have
be1
it*
making advances to that
of, from time
to
company of funds
time
(you are not bound to
advance anything), such advances so
made, if any, must first be
refunded, with interest, before the Memphis & Charleston
Railroad Company’s notice for a cancellation becomes
operative.
—At the annual meeting in Knoxville Tenn
Oct. 10, the stock¬
holders voted to ratify and approve the
agreement made by the
board for the lease of the Memphis & Charleston
railroad.
,
Western
The annual
Railroad
Maryland Railroad.
(For the year ending Sept. 30, 1877.)
meeting of stockholders of the Western Maryland
held this
was
week in Baltimore.
Mr. J. M. Hood
president and general manager, submitted his report of
opera¬
tions for the year ending Sept. 30, 1877, from which
the follow¬
ing is extracted:
Gross earnings—
From passengers
From freight and express....
From milk and marketing.....
From mails
From mitcebaneous sources
$136,6*2
;
167 686
.
’ ***
g’-jgg
Total..
The operating expenses were—
$332,085
Expenses transportation department
Expentesinachinery department
Expenses road department
$122 861
37*593
45]-318
General expenses
.
Total
Net
The
14 157
$219,910
earnings
$112,145
earnings,
as
compared with 187G,
are as
Decrease from passengers .
Increase from freight and express
Increase from milk and marketing
Decrease from mails
Increase from miscellaneous sources
Total increase of
follows:
$2,651
19,359
.....
70?
423
3,221
earnings
$20,183
The expenses, as compared with 1876, are as follows
Decrease in expenses transportation department
Increase in expenses machinery department
Increase in expenses road department*
Decrease in general expenses
:
$642
643
....
4,706
323
Total increase of expenses
y.-
$4,381
Increase in net earnings
$15,798
The above comparison of net results would be still more favor¬
able for 1877 but for the fact that a full year’s rent of Hillen
Station is included in the expeuses of 1877, while at the close of
the previous fiscal year the company had only occupied this sta¬
tion for eight months, and in consequence had
paid the city
$5,333 33 less in that
otherwise the above comparison would
earnings of $21,132 26, instead of
$15,798 93. The falling - off in passenger receipts occurred in
July and is wholly due to the suspension of travel during the*
have shown
an
year;
increase in net
late labor troubles.
There were moved during the year 339,111
131,367 tons of freight, making a decrease from
passengers
and' an increase in freight of
18,677 tons. The performance of the transportation department
for the year was equivalent to the movement of 6,582.241 pas¬
sengers and 4,692,089 tons of freight a distance of one mile, as
against 6,737,061 passengers and 4,631,932 tons in 1876.
The following comparison of revenue for the several fiscal
years since October 1, 18G9, is given :
passengers and
1876 of 3,455
Year
Year
Year
ending September 30th, 4870, revenue was...
$137,96S 64
ending September 30th, 1871, revenue was
170,929 01
ending September 30th, 1872, revenue was.
188,192 72
Year ending September 30th, 1373. revenue was
2:8,384 28
Year ending September 30th, 1874, revenue was.
277,792 r:
Year ending September 30th, 1875, revenue was
293,718 04
Year ending September 30th, 1876, revenue was
311,902 55
Year ending September 30th, 1877, revenue was
332,085 8,
The amounts given above as revenue for the years 1876 and
1877 do not include $25,486 32, in 1876, and $28,214 95, in 1877,
which were earned by this company upon the tracks of the
Northern Central and Baltimore & Potomac roads, and turned
over to those companies in payment for the use of certain terminal
facilities and for the means of reaching others, which have mate¬
...
rially increased the freight business of the road.
In regard to the company’s ability in the future to pay the
current interest upon its unendorsed bonds, there is now no ap¬
parent reason why the payments upon those of the first mort¬
gaged need again be interrupted ; but as the company is already
one
coupon in arrears upon this class of bonds, which should be
paid by 1st July next, and as it is desirable that certain important
improvements should be* made at an early day, including a more
extensive introduction of steel rails upon the eastern end of the
road, upon which the traffic, without that expected from tbe Bal¬
timore & Hanover road, has already become quite heavy, and as
the large necessary additions to the equipment recently made are
not yet entirely paid for, the board of directors of this company,
after due consultation with the city Finance Commissioners, has
determined, if agreeable to holders, to offer to fund for ten years
at six per eeDt the seven overdue, together with the four coupons
next maturing, upon the second preferred bonds; and it is believe
that the interests of all concerned will be materially advanced y
a general concurrence in this matter.
THE
27, 1877.]
October
CHRONICLE
In order tliat those most interested may the better understand
the probabilities of their subsequently maturing coupons being
in
bringing the
tion.
407
company out of its present embarrassed condi
A director of
the company
subsequently stated that
no
promptly, it will suffice to say that when the payments now obligation of the company had gone to protest.
jjeing made for new equipment are completed (the last in April to The committee subscribed $160,000, which was to be tendered
Frank Work, and a return of the securities of the road re¬
next) the application to interest purposes of net revenue thus
quested.
President Richardson stated that he was
applied will of itself more than pay the interest upon the second
largely inter¬
paid
ested in the road, owning 3,000 shares of the
stock, and' he would
be second to none in his efforts to secure a successful
operationof the line.
He placed his resignation in the hands of Messrs.
Dowd and Porter, and declared himself
preferred bonds.
»
general investment news.
ready to retire whenever
Alexandria (Va.) City Debt.—The bonded debt of the city requested to do so.
exceeds ooe million dollars.
The city debt commission ap¬
The receiver filed his bond and took
possession of the road.
pointed by the city council to scale the debt issued circulars to The committee of New York stockholders arrived in St. Louis on
the bondholders, some months ago, inviting them to meet the October 22, and
through counsel have applied for a review of the
commission in Alexandria, Oct. 18, and a considerable number recent order appointing the receiver.
assembled and met the commission at the council chamber.
Indianapolis Bloomington & Western.—Messrs. H. C. StimMayor Kemper presided, and made a statement to the effect that son and Receiver
George B. Wright have prepared a plan of re¬
the"7 assessed value of the real property, public and private, in organization which
scales the indebtedness down from 70 to 25
the city was little in excess of $4,000,000.
The taxes in a con¬ per cent, and preserves 20
per cent of the old stock.
In May,
siderable part of the town were in excess of the rents, and under
1877, two decrees of foreclosure were entered against the main
these circumstances the city had determined to ask a compromise
line and extension, but the sales have not
yet been made.
of the debt at fifty cents on the dollar, giving ample security for
Messrs. Stimson & Wright report in favor of
preserving the
prompt
payment
of
on
the
The
regular and
interest
scaled debt.
three
bondholders, by a vote of 89 to 57, declined 50 cents, but offered and divisions, and maintaining them as a united line of road,
they declare that any separation would cause loss and injury
to compromise at 66 2 3 cents, which the city commissioners de¬
to all the bondholders.
The
clined.
outstanding securities of the com¬
the j roposed new issues are to
Auditor Brockett auneunced that $300,000 of stock had
accepted 50 cents.
Atlantic & Gulf.—A bill for the foreclosure of the second,
has been filed in the United States Circuit Court by
mortgage
the trustees.
Boston Revere Beach &
Lynn.—The directors
were
not
able to satisfactorily place the issue of $350,000 worth of bonds
recently authorized, without sacrificing them, and the idea has
been given up.
By the new arrangement, a loan of $210,000 has
been negotiated by placing the bonds of the road as collateral
security in the proportion of five to seven. That is, for every
five thousand dollars borrowed, seven thousand dollars’ worth of
bonds at the par value are to be given.
Cincinnati Sandusky & Cleveland.—A meeting of the second
mortgage bondholders of this much-fought-over road was held in
Boston last week.
Receiver Farlow explained the condition of
the property.
The mortgages which they were then considering
amounted to $1,100,000.
Under the capitalization scheme, the
first mortgage bondholders cut off the coupons from their 7
per cent
bonds, and accepted a new issue of 6 per cent bonds running
until the year 1900.
The second mortgage bondholders relin¬
quished 60 per cent of their claims and the back coupons, and
accepted therefor 40 per cent in preferred stock. The floating
debt of the company now amounts to $400,000, to the
payment of
which they have all the real estate which
they recovered from
Sloan.
Had it
not been for the raid made on the
property by the
gross perversion of the law, the hard times would have been
tided over. Mr. Farlow said that, above all
things, be would
advise the bondholders to avoid
litigation. He felt confident that
the bondholders would be able
tojget every dollar of their property
and restore the road to the stockholders.
All the charges of Mr*
Sloan
were
pronounced false.
A proposition
was
submitted from
the Columbus interest for a
funding arrangement, and a com¬
mittee was appointed to go out and see the
property and report.
Cincinnati Southern.—The statement of operations of this
partly-completed road curing the fractional quarter ending Sept.
30, 1877, is
as
follows:
Passenger earnings
Freight earnings
Express earnings (not adjusted)
Mail earnings (not
adjusted)
$32,314
23,760
.
Telegraph earnings
311
322
Miscellaneous earnings
Total earnings
Total operating expenses
Net earnings....
Less interest
t
„
ness if
on
capital paid in at 10
$61,709
per cent per annum, per
per cent of balance for operation of
line,
contract.
23,759
37,950
2,257
$35,692
as per
Balance due trustees Cincinnati Southern
Railway
contract
3,569
$32,123
Columbus Chicago & Indiana Central, —The following is
a statement of
the earnings and expenses for the year
ending
May 31,1877, as reported by the Pittsburg Cincinnati & St. Louis
Railway Company, lessee: Earnings, $3,375,669; expenses, $3,694,247; net, $287,460; deficit, December, 1876, $6,039; net
profit on year’s operations, $281,421—being -0851
per cent of the
gross earnings.
Hannibal & St. Joseph.—The committee appointed at th9
stockholders’ meeting last week chose W. B. Leonard chairman.
Mr. Bishop, a
director, said, as reported in the Tribune, that as
to the loan
by Jay Gould, several attempts were made to effect
loans, and one was arranged which the directors overruled on
account of thq
high commissions. The president was authorized
to use
any securities of the road to secure $250,000, the interest
amounting to $160,000 and incidental debts to $90,000. He
agreed to place with Frank Work, as
representative of Mr.
Gould, $1,700,000 third mortgage bonds, which had never been
exc?pt as collaterals for loans or on appeal bonds, and
^500,000
in land
warrants. The $160,000 were paid over before
be securities
were
deposited, and as $200,000 of the mortgage
$QnonAwere
no^
accessible,
Mr. Work declined to advance, the
$aU,000 balance on the
loan, and upon instructions from Mr.
pany and the proportion in which
be distributed are as follows :
New first
standing. mortse b’ds.
Out-
To holders of
Danv. Urbana Bi. & P bond?..
I. B. & W. firsts
Extension bonds
Claims allowed
I. B. & W. seconds
Floating debt
Original stock
Total
Income
bonds or
$2,c00,0C0
3,000,000
$1,400,000
$600,000
1.500,000
1,500,000
5.50).©00
7< 0.000
1,400,000
700,000
2,600,000
1,500,0(0
stock.
$
£00,000
3,(00,000
7,600,000
$23,300,00)
Common
pref. stock.
375,000
750,000
.....
1,520,000
$5,UCO,000
$5, OOO.COO
$2,645,000
The gross earnings of the entire
June 30, 1877, were $599,224, and
line for the six months ended
the operating expenses were
$545,577, leaving as the net earnings, $53,647. This is at the
rate of 1*73 per cent for six months on the
proposed first mort¬
gage bonds of $5,000,000.
Kansas Pacific.—Mr. Adolphus Meier, Tru stee, issued, under
date of October 9, a circular to the holders of first
mortgage
land grant bonds, in which he says : “I stated in my circular of
November 2 last that I should pay the interest coupons on the
first land grant mortgage bonds falling due thereafter, as soon as
I had sufficient money to redeem a full coupon of the bonds out;
and there not being the necessary amount on hand to pay the
coupons due July 1, 1877, I deem -it proper to publish the fol¬
lowing statement of the present condition of the trust:
Sales this year to August 31, 1877, 58,438 acres, amounting to
$188,737
“
“
“
*•
18 town lots,
“
410
Bonds paid in on account of sales of land since November 2, 1816....
36,250
Amount of first mortgage bonds outstanding October 9, 1877
1,655,250
“
“
“
“
redeemed in all
314,750
Cash on hand October 9, 1377
10,808
Obligations for land so d on hand i-eptember 1st, 1877
Cash paid on account of interest due January 1, 1877
Lands unsold this day estimated about—
Maximum claimed, about
2,084,925
In
conflict, about
Minimum claimed, about
Tffe liquidation of the bonds
of March 1, 1866, is now about
“
106,800
1,978,125
508,024
40.412
2,000,000
acres.
“
“
“ )|
secared by the mortgage
complete, requiring about
$6,000 more, after which the greater portion of all payments on
account of land sales will be for the benefit of this trust, and
I anticipate much larger receipts in consequence.
“The collections have been slow, many previous sales have been
cancelled on account of buyers not meeting deferred payments,
and though by such forfeiture the company takes back the land
and does not lose by it, as the first payment is collected and the
lands sell at better prices now, still it lessens the cash receipts
for the present.
The bonds being receivable at par, with accrued
interest for cash land sales, in accordance with the terms of the
mortgagees the cause of nearly all payments for such sales being
made in same, as they are at a considerable discount.”
Louisville New Albany & Chicago.—The suit against the
mortgage trustee of this railroad, to set aside the foreclosure and
sale, on the grounds that the provisions of the mortgages were
disregarded by the decree and that there was collusion in the
proceedings, was argued last week on appeal to the United States
Supreme Court.
Mississippi Central.—The Jackson (Miss.) Tribune and Sun
the Mississippi Central Railroad to the
Company has been enjoined, and there is now a
strong probability that General Neely’s receivership will be con¬
tinued two years longer.”
Montclair & Greenwood Lake.—The first mortgage bond¬
holders lately resolved to begin proceedings to foreclose their
mortgage, and appointed a committee consisting of Cyrus W.
Field, D. A. Lindley, William C. Sheldon and A. W. Benson. It
is not known whether the second mortgage bondholders will try
to fight the foreclosure, or will combine and buy the road sub¬
ject to the first mortgage.
Ohio & Mississippi.—The New York directory of the Ohio
& Mississippi Railway Company organized by electing O. D.
Ashley vice-president and James M. Hartshorne treasurer. The
was authorized to employ counsel and take such
$160
^ a
^oan an<* demanded the vice-president
action as is necessary to protect the rights of the stockholders.
A resolution
was adopted
An “ ex-director” publishes a statement in favor of the Garrett
by the directors declaring that they
esired to
co-operate in every practicable way with stockholders party, in which he makes in substance the following points:
OOO1^6^116^^ ^ec^are<*
says :
“ The sale of
Illinois Central
THE CHRONICLE.
408
1. Messrs. Garrett are the largest
holders of the second mort¬
Railroad, and also by far
gage bonds of the Ohio & Mississippi
the largest stockholders in the company.
2. It is well known in Wall street that
transfers of non-divi¬
dend-paying stocks are infrequent, and in cases similar to the
present, in which the transfer-books have been closed for up¬
wards of thirteen months, the registry affords no clue whatever
as to who the bona fide holders may be.
3. Prior to his departure for Cincinnati, Mr. Robert Garrett had
full assurance, from the authorized representative of the bond¬
holders of the Springfield division of his support, which com
prised the proxies on bonds and stock to the amount of $5,000,000. In addition to this Mr. Garrett and his immediate friends
controlled proxies to a like extent, and, being informed that the
opposition party possessed only $11,000,000 of proxies, he also
took certificates for about 27,000 shares of common stock.
On
arriving at Cincinnati, Mr. Garrett was informed by the aforesaid
representative that his votes would be cast for the opposition,
and Mr. Garrett was compelled to have recourse to those legal,
rightB to which by virtue of the possession of his certificates of
stock he was entitled. It would be interesting to know how
much money has been collected under the resolution authorizing
an assessment of 15 cents on each 100 shares of stock represented
at this meeting, and also what disposition haX been made of such
funds ; but it is reasonable to assert that the entire board of op¬
position directors, barring Mr. Bloodgood. do nut own or repre¬
sent $1,000,000 of the stock and bonds of the company, while on
the other hand, Mr Garrett asserts his ability to produce upwards
of $10,000,000 of its securities, should an event similar to the late
election require it.
The absurdity of the accusation that he is
“robbing” a property in which he is so largely interested is too
manifest to require demonstration, and it will readily be - seen
that the so-called “ representation” of $11,000,000 of the capital
of the road by the opposition is a misnomer, and calculated only
to deceive, these proxies having been obtained in a large majority
of instances from
[Vol. XXV
by official returns that under the stimulus of the
of wheat in Minnesota, the net earnings for the
month of September are nearly ten-fold greater than those of
the same month last year, namely : $81,667 in September of this
year, against $8,676 in September of last year. The company’s
It appears
recent full crop
statement is as follows :
/
Gross
earnings
Expenses
Net
earnings
September
■
J
,
1877.
1876.
$123,351
41,683
$39,086
30,410
$425,624
$81,667
$8,676
$153,183
272,434
$441,321
313,815
$127,508
Union Pacific.—From the annual report of the Government
directors we have the following : In 1869 the company resolved
to do its own express business.
The result of this action has
The earnings from that
proved most satisfactory.
been
as
follows
source have
:
$281,486 I
1870
1871
1872
1873
1874
307,751 | 1875
336,338 11 1376
410,190
Total to
January 1, 1877.
It would have been well for the company had it pursued the
with the sleeping car business on the road that it
did with the express business.
Instead of doing so, it let out
thi9 interest by contract to Mr. Pullman, at a very early day in
same course
holders of record but not of fact.
Ogdensburg.—The Vermont Court of Chancery
has appointed A. B. Jewett, the Superintendent, and A. W.
Hastings, the Treasurer of the road, as receivers of the Vermont
Portland &
The present management is anxious to be rid of the
certainly will not renew it. The contract will
expire Oct. I, 1882.
The amount
of land grant bonds originally issued was
$10,400 000. 'The amount outstanding June 30, 1877, was
$7,374,000. The amount retired from sales of land has been
$3,026,000. Tiie floating debt of the company June 30, 1877,
its
history.
contract, and
was as
follows
:
Notes payable
Omaha drafts
Shoe and Leather National Bank, Boston
Land Department, spec al account
Town lot, epecial account
O. F. Davis, land agent
Land grant coupons outstanding
Sinking fund coupons outstanding
Interest on fractional certificates
$605,790
52,118
50,0GQ
;.,
173’,60O
..
2,822
4,301
11,200
54
Division.
Peoria & Rock Island.—The purchasers of this road at the
recent foreclosure sale have organized a new compaoy; to be
known as the Rock Island & Peoria Railroad Company; the cap¬
ital stock is fixed at $1,500,000.
The offices of the new company
will be at Rock Island, Ill.
Joseph City, Mo.—The City Council last week refused to
make the annual tax levy until the City Counsellor bad investi¬
gated the alleged invalidity of the bonds issued in aid of the St.
Jo. & Topeka Railroad, St. Jo. & Denver City Railroad, River
and Wharf Improvement and St. Jo. Bridge Company, in all
amounting to nearly a million dollars. There is a bad disposition
about meeting the interest or principal of a large amount of the
$927,696
Total....,
-
28,000
The cash assets were
:
Cush
Gold account
Ui ion Trust Compaq, New York.
Union Trust 1 ompany,
Baker & Morrell
gold account
$133,068
47,803
20^,185
102,6S1
25,000-516,538
St.
city bonded indebtedness.
St. Paul & Pacific.—The last rail on the Glyudon cut-off, or
Barnes-Breckenridge connection, was laid Oct. 20. The new line
is 22 miles long, from Breckenridge, MinD., northward to Barnes,
and connects the First Division of the St. Paul & Pacific with
the completed section of the St. Vincent Extension from Barnes
northward 83 miles to Fisher’s Landing on Red River. This sec¬
tion of the St. Vincent Extension has been in operation for eome
time, but has been dependent for an outlet upon the Northern
Pacific, which it crosses at. Givndon, eight miles north of Barnes.
The new connection completes a continuous line, 322 miles long,
from St. Paul to Fisher’s Landing. Through trains began to run
from St. Paul, Oct. 22.
The new connection has been built with
money subscribed by the Amsterdam bondholders.
It extend*
nearly its whole length along the eastern border of the Red
River valley, through one of the most productive wheat districts
in the country, which, however, has a very severe climate and a
very small population.—R. R. Gazette.
—Dr. de Klerck, writing from Amsterdam, Holland, October 1,
says: “The St. Paul & Pacific Committee publishes today
that parties in Canada and Minnesota have offered to buy the
majority of all the different bonds of this road now in trust with
the committee} and will pay as follows: For the first section
($1,200,000) loan, branch line, 70 ; for the consolidated ($2,800,000)
loan, 26 ; for the second section main line loan of $3,000,000, 27f:
for the $6,000,000 loan (1869), 32; for the Sr. Vincent & Brainerd
extension bonds, 13£ per cent.
These prices include all due and
current interest, and are to be payable in currency in London,
within two months after the approval is known in America.
The
holders of certificates must declare their approval by 3 P. M.
of October 8. The purchasers will also buy the shares of the
Barnes-Breckenridge Connection at the price of issue.”
Debt
over
cash assets
$411,357
hold other assets which, after eliminating from
its statement sundry items, and taking the company’s estimate
of the value of the remaining assets embraced in the statement,
amount to $3,9tl,443.
These assets consist of stocks and bonds
in other railroad companies, telegraph and steamship shares,
county bonds issued by counties in Nebraska, Colorado, &c., &c.
The gross earnings for the year ending June 30, 1877, were
$13,719,343 ; for the year ending June 30, 1876, $12,113,990 ; in¬
The company
tor 1877 over 1876, $1,605,353; net earnings for the year
1877, $8,317 091; net earnings for the year 1876, $6,666,171; in¬
crease for 1877 over 1876, $1,650,920.
What amount is due the Government for the year, under the 5
per centum reservation? As heretofore estimated by the Gov¬
ernment directors, the case is this : Net earnings, $8,317,091; less
interest on first mortgage bonds, reduced to currency at 6 per
cent, about the average for the year, $1,732,273 ; net, subject to 5
per cent on above basis, $6,584,818 ; five per cent of this amount,
$329,240. It is understood, however, that the counsel represent¬
ing the Government c aim that no reduction should be allowed
for interest on first mortgage bonds.
If this claim should be sus¬
tained by the court, then there should be added to the above
$86,661, making a total for year under the 5 per cent reservation
crease
of
$415,902.
[ This claim of the Government in the Central Pacific cise, and
also that the road was completed in 1869, instead of 1874, has
just been decided by the United States Circuit Court in Califor¬
nia in favor of the company.—Ed.]
The directors recommend that in settlement with
States Government the company pay $500,000
the United
semi-annually
($1,000,000 per year) as a sinking fund, in addition t > thp charge
tor Government transportation and 5 per cent of net earnings.
They
say :
“It is believed that the company can accept and perform the plan here
sented. The net earnings for the year ending June 30,1817, were
The annual Interest on the first mortgage, bonds is $i,MS,920 ; on
fund bonds, $1,146,080; on land grant bonds, $580,18 ; on Bridge
pre¬
$8,317,031 58.
sinking
bonds,
$182,320. Six per cent dividend on $3^,762,309 of capi tal stock will amount to
$2,-<50,738 ; estimate average amount to Government ftom one-half transporta¬
tion and 5 per cent of net earnings, $1,000,000; total, $6,751,238; leaving a
balance over, for contingencies, extraordinary betterments, &c., of $1,582,*
Southern Minnesota.—This compauy was reorganized last 853 53. The company’s,statement of earnings on account of Government for
March under a foreclosure sale made on behalf of the second the year ending dune 30, 1877, is as follows: Kor troops, $2:8,272 67 ; for
mails, $709,955; for freight, $402,756 42 ; total, $1,330,984 09. Of this amoant
mortgage bondholders, and on the basis of stock corresponding the Government is entitled to retain one-haif lor its reimbursement under
with the amount of that mortgage, and subject to the first mort¬ existing law, equal to $665,492 04, on account of five per cent of net earnings
for the year, as hereinbefore estimated, $329,240 91 ; total, $994,732 95. Tnis
gage bonds called “Construction Bonds,” amounting to $3,332,000,
is within a fraction of the foregoing estimate of the yearly average for tne
which are now secured by decree instead of by mortgage.
next twenty years.. The amoant as charged up for tiansportatiou of mans
The decree is understood to preserve all the rights and prefer¬
rests upon the basis not agreed io by the Government, and the auditing
offi ers of the Treasury will doubLless reduce the amount to an allowance
ences of the first mortgage bondholders, and it is said that it
affords better security than a mere moitgage, inasmuch as the considerably below the claim of 1 he company.”
Western of Minnesota.—The last rail on this road, formerly
rights of the bondholders are fully established by it, and no future
known a^the Brainerd Branch of the St. Paul & Pacific, was laid
fer closure or ieceiversliip can be r« quired.
October 20. aud regular trains will soon be running over.it. The
These b< nds will also secure a voting power to the holders, auc
the interest being reduced by agreement to 7 per cent, there seems line is sixty miles long, from Sauk Rapids, Minn., to Brainerd, on
the Northern Pacific.
This compauy is controlled by the North¬
to be little doubt, judging by present earnings and the nature o!
ern Pacific.
the security, that interest will in future be promptly paid.
,
October
11)
THE
27,18 < 7.]
c
41
o in in e r c t a
CHRON1GLF
■my
O O T T O N
l
.
.
Friday, P. M., October 26, 1877.
(JoTiVIEltcTALEPn'oTlir
The Movement
op the
Crop,
as
indicated by
our
telegrams
from the South to-night, is
given below. For the week ending
this evening (Oct. 26), the total
receipts have reached 157,609
bales, against 135,054 oales last week, 109,264 bales the previous
Friday Night, October 26, 1877.
special feature of importance, and yet the
Accounts agree that week, and
volume of business is fair for the season.
70,040 bales three weeks since, making the total re¬
gome industries are in much better condition than in many months}
ceipts since the 1st of September, 1877, 555,038 bales, against
and this improvement may be expected to communicate itself 807,646 bales for the same
period of 1876, showing a decrease
glowly to others. The weather a portion of the week has been since Sept. 1, 1877, of 252,608 bales. The details of the receipts
for this week (as per
telegraph) and for the corresponding weeks
more autumn-like, but frosts are needed to restore the health of
of five previous years are as
follows :
aome Southern cities, so as to permit the resumption of business
there. The movement of Western and Southern crops is now Receipts this week at—
1877.
1875.
1876.
1874.
1873.
1852.
very large, at fair prices, and the money paid for them has
New Orleans
38,523
24,061
38,519
42,681
34,370
35,442
already begun to find its way back to monetary centres.
Mobile
Trade is without
in the market for provisions in the past week
is the improved demand for mess pork, several hundred barrels
having sold yesterday and to-day at $14 30@14 40 on ilie spot
and $14 25 for October. For future delivery, bids were reduced,
but to day 250 bbls. sold for January at $13 95.
There has also
been some business in prime mess on the spot, at full prices.
Lard has been fairly active, but the market variable in tone and
The chief feature
14,067
22,751
Charleston
15
16.034
14,675
26,976
24,152
Port Royal. &c
Savannah &o
28,132
3,095
20,896
Galveston
19,879
18,363
Indianola, &c..
301
664
Tenuessee, <fcc
1,519
198
7,148
596
Florida
North Carolina
Norfolk
12,326
24,620
7,278
12,993
17,997
14, Go >
27,833
1
>
631
5S6
34,443
11,830
26,876
390
575
f 11,637
6,514
30,224
21,024
1,190
7,418
4,415
2,800
2,883
728
669
181
455
503
7,490
30,108
5,952
5.241
1,421
1,493
12,239
1,392
7,7<3 }
20,534
22,763
20,593
18.220
prices, closing to-day rather weak at $8 90@8 93.} for prime
t-95
673
3,961
1,378
1,186
Western on the spot and for October, $8 82} for November, and City Point, &c
Total this week
$8 72} for December. Bacon has sold moderately at 8}c. for
157,609 174.61?
170,645 150,081 108,614 120,465
Western long clear.
Cut meats are dull. Beef has sold fairly
Total since Sept. 1....
555,038 807,646
740,500 651,233 471,875 646,989
at $21 for prime mess and $243)25 for extra India mess per
The exports for the week
ending this evening reach a total of
tierce. Butter is firmer for the better grades.
Cheese is dull
51,102 bales, of which 45,691 were to Great Britain, 3,182 to
and depressed. Tallow has sold moderately at 7|c. for prime.
France, and 2,229 to rest of the Continent, while the stocks as
The demand for Kentucky tobacco lias continued g^od, and the made
up this evening are now 364,306 bales.
Below are the
sales for the week are 800 lihds., of which 600
and 200
were
stocks and exports for
week of last season:
for export
for consumption.
the week, and also for the corresponding
Prices remain steady, lugs being
But the movement in seed
Exported to
Stock.
#
Total
Same
Week ending
leaf has been somewhat restricted, as the sales of the week
this
week
Great
Conti¬
Oct. 23.
amount to no more than 1,126 cases, as follows: 200 cases sun¬
France
1877.
'1876.
week.
1876.
Britain.
nent.
dries, 4 10 18c.; 356 cases New England, crop of 1876, 8 to 30c.;
New Orleans*....
579
15,223
3,060
18,862
24,353 95,752 130 623
60 cases New England, crop of 1875, 16 to 30c.; 200 cases Penn¬
Mobile
6,0:6 21,123
29,991
sylvania, crop of 1876, 7 to 35c.; 230 cases Ohio, crop of 1876, 5 to Charleston
36
850
836
6,823 53,777 67.614
14c.; and 80 cases Wisconsin, crop of 1876, 8 to 11c. The Savannah, &c....
7,843
7,843
1,063 60,363 70,441
Qalvestont
8,890
800
business in Spanish tobacco embraced 575 bales Havana at 80c.
9.690
5,598
45,838 57,800
@ New York
7 983
122
8,810 36,987 101,680
8,105
$1 10.
Norfolk.
1,891
5.8 i0
18,456 28,633
1,891
There has latterly been some advance in Brazil
coffees, with a other port6t
3,825
3,825
5,747 32,000 30,000
better movement reported; fair to prime
cargoes, 18}@19fc.,
Total this week..
45,691
3,182
2,229
51,102
.64,245 354,306 516,782
gold. Stock at all ports on the 24tli inst., 177,545 bags, of which
Total since Sept. 1
10.862
127,525
93,403 were here, all in first hands. Mild grades have sold mod¬
20,178
158,565 J2 77,0 72
New Orleans.—Our telegram to-night
from New Orleans snows tnat (beside*
erately, but at a slight easiness in prices. Late sales include above
exports) the amount of cotton on shipboard and engaged for shipment at
port is as follows: For Liverpool.21.750 Males: for Havre, 13.750 bales ; for
3,000 mats Java and Padang, 3,095 bags Maracaibo, 917 bags St. that
the Continent, 3,000 bales; for coastwise
ports, 1,500 bales ; which, if deducted from
stock, would leave 55.500 bales, representing the quantity at tne landing and in
Domingo, and 552 bags Savanilla for consumption at current the
presses unsold or awaiting orders.
f Galveston.—Our Galveston telegram shows (besides above
quotations. Rice is in good demand and firm. Molasses is very
exports) on shlD*
board at that port, not cleared: For
Liverpool, 4,052 bales; for other foreign,
firm; refining stock has advanced to 40c. for 50-test Cuba, owing 3,620 biles; for coastwise ports, 830 bales;
which. If deducted from the block.
would leave remaining 37,326 bales.
to scarcity; new
t The exports this week under the head of ‘other
crop New Orleans quoted at 60@70c. ’ Raw
include from Baltimore.
738 bales to Liverpool: from
Philadelphia, 2,037 bales to Liverpool; from
sugars have been quiet, but generally steady ; fair to good refin¬ Wilmington, 950 bales to Liverpool.
From the foregoing statement it will be seen that,
ing Cuba, 8}@8fc. Refined quiet and easy; standard crushed,
compared
with the corresponding week of last season,
10}3. The following refers to raw grades :
there is a decrease
in the exports this week of 13,143
bales, while the stocks to-night
Hhds.
Boxes.
Baers.
Melado.
are 152,476 bales less than
Stock Oct 1, 1877
they were at this time a year ago.
84.578
23,82 1
310,050
1,913 The
Receipts since Oct. 1, 1S77
following is our usual table showing the movement of cotton
9,326
3,571
49.763
Sales since
quoted at 3}@5}c. and leaf at 7@14c.
....
•
•
•
•
....
«
•
•
•
•
•
•
•
-
•
•
•
....
•
....
•
•
•
....
•
•
•
....
....
*
„
Stock Oct. 21, 1877
Stock Oct. 2C, 1876
31.841
62,063
26,048
r
6,061
21,333
22,137
222,779
137,034
605
1.308
84,151
1,187
at all the ports from Sept. 1 to Oct.
RECEIPTS
There has been a very fair business in ocean
freights, both berth
and charter room; rates for the former have remained
some
irregularity lias been
noticeable for
the
steady, but
latter.
Late
engagements and charters include: Grain to Liverpool,
by
steam, 10}@10}d.; provisions, 37s. 6d.@47s. 6d. per ton ; cotton,
ll-32d.@fi.; grain, by sail, 8£i. ; gram to Bristol, by steam,
lid.; flour, ds. 6d. ; cheese, 55s. ; grain to Avonmoutli, by steam,
10}d.; do. to London, by steam, 9-3.; hops, -}d ; do., via Liver¬
pool, £d.; grain to Cork for orders, 7s. 3d.@7s 4}d.@?s. 64. ;
do. to Dublin, 6s. 6 1. ; do. to
Marseilles, 6s. 9d.,and Italian ports,
*8«}0}d.
qr.;
refined
petroleum
to Bremen, 4s. 6d.; case oil
per
to Trieste,
35c., gold. To-day, a fair business was done, though
at slightly
irregular rates. Grain to Liverpool, by steam, 10}d.;
do. by sail,
8f@94. ; cotton, 11-324. ; rosin, 2s. 64. ; grain to
London, by steam, 94.; do. by sail, 84.; flour, 2s. 94. ; grain to
Avonmouth, by steam, 10}d. ; do. to Hull, by steam, 10@lld. ; do.
to Cork for
orders, 6s. 6d.@6s. 9d.@7s. 4}d. ; refined petroleum
to the United
Kingdom, 5s. ; do. to Bremen, 4s. 31.
Spirits turpentine at onetime was dull and easy at 33}@34c.,
but the close is marked
by more activity and firmness, 34c. being
readily obtained. Rosins, have sold moderately at the steady
baaiB of $1
65@$1 75 for common to good strained. Petroleum
dull and more or less nominal, closing at 8fc. for
crude, in bulk, and 14}c. for refined, in bbls, November delivery,
tngot copper again quiet and
unchanged at 17fc. Grass seeds
J.re fairly active at 8fc. per lb. for clover, and $1.37}@$ 1.40 for
uaothy. Whiskey has declined to $1.11, tax paid.
has^continued
PORTS.
SINCE SBPT.
EXPORTED SINCE SEPT.
1.
1877.
1876.
N. Orleans.
6 >,936
140,811
Mobile
36,795
46,398
Great
Britain
26,649
Charlest’n*
67,635
104,206
6,999
94,554
63,107
1,139
102,054
99,783
4,3S3
2,563
4,293
New York..
412
N. Carolina
Norfolk*
Other ports
15,814
39,542
3,494
Tot. this yr.
397,429
..
Tot. last yr.
...
...
23,154
101,516
8,151
633,029
France
Other
forei’n
4,762
*
....
Savannah..
Galveston*.
Florida
19, the latest mail dates:
•
•
9 •
958
32,573
.
.
.
950
....
10,370
24,452
22,814
8,959
11,0J3
22,180
.
•
.
.
•
.
...'
5,762
....
•
.
....
....
•
•
•
39,293
....
950
....
Stock
Ports.
955
....
....
wise
Total.
35,343
6,830
m
Coast-
955
1,960
•
TO—
3,932
•
•
1
49,6?3
28,554
....
412
8,343
28.S07
63,644
15,463
37,525
46,482
44,613
30,073
.
.
«
•
6,917
12,643
19,500
....
590
10,S7J
81,814
7,680
17,949
107,4t3
1'5 295
232,0"0
133,492
41,679!
17,656.’
192,827 217.971
429,047
...
*
Under the head of Charleston is included Port Royal, <fco.; under the head of
Galveston is included Lndlauoia, &c.; under the head of Norfolk is included City
Point
&c.
These mail returns do not correspond precisely with the total of
the telegraphic figures, because in preparing them it is always
Becessary to incorporate every correction made «t. ih. * ports.
The market for cotton
the spot
opened the week very
demand
was
strong, though the
only moderate, extending little
beyond the current wants of home spinners. Stocks continued
exceptionally small, and on Monday last quotations were marked
up l-16c., to life, for middling uplands, but this improvement
on
CHRONICLE.
THE
410
Wednesday. Thursday was steadier and quiet. To¬
day, the spot market was quiet, with only a moderate business
for consumption, and quotations were reduced l-16c.
For future
delivery the speculation has been sluggish. Saturday was buoy¬
ant, and so was Monday’s opening, when it became apparent that
the receipts for the day would fall below, not only the corre¬
sponding date of last year, but of the previous Monday. During
Tuesday and Wednesday, however, the market weakened, in the
face of rather stronger accounts from Liverpool, owing to the
fact that receipts at the ports were somewhat in excess of last
lost
was
on
frost accounts on Tuesday and Wednesday
in Tennessee and Arkansas and the northern
parts of Louisiana and Mississippi, but nobody seemed to attach
much importance to them.
Yesterday, there was a recovery of
the decline of Wednesday, and some renewal of confidence;
Telegrams from Texas and New Orleans reported bad weather,
and it was feared that the whole cotton region was about to be
visited with a violent storm. It was also reported that orders to
buy for speculative account had been received from New Orleans.
To-day, the storm accounts were continued, and futures again
Advanced, but the improvement was greatest in the later months.
year.
There were
from various points
03.53
delivery for the week are 216,800
board. For immediate delivery the total
The total sales for forward
bales, including
—
free on
this week 5,012 bales, including 4b0 for export,
4,445 for consumption, 37 for speculation, and 40 in transit.
Of the above, 427 bales were to arrive.
The following tables
Bhow the official quotations and sales for each day of the past
gales foot up
week:
ALABAMA.
UPLANDS.
New Cotton.
Ordinary
N. ORLEANS.
TEXAS.
Sat. in on. Sat. Mon. Sat. Mon. Sat. Mon.
Oct.20. Oct. 22. Oct.20. Oct. 22. Oct.20. Oct.22. Oct.20. Oct. 22.
V tt-
Strict Ordinary
Good Ordinary
Strict Good Ord’ry.
Low Middling
Strict Low Mlddl’g
Middling
Good Middling
GoodMlddl’g
Middling Fair
Strict
Fair
9 '.5-16 10
10 5-16 10K
10 9-16 10*
10 13-16
10*
11 1-16
11
11 3-16
UK
11 5-16 UK
11 9-16
UK
11 11-16
6
12
UK
12 18-16
12*
9 15-16 10
10 5-16 10K
10 9-16 10*
10 13-16
10*
11 1-16
11
11 3-16
UK
11 5-16 UK
11
9-16
UK
11 11-16 11*
12 3-16
12K
12 13-16
12*
V:
10 1-16 10K
10 7-16 10K
10 11-16 10*
10 15-16
10K
11 3-16
UK
11 5-16
UK
11 7-16
10 1-16 10K
10 7-16 iok
10 11-16 10*
10 15-16
10*
11 3-6
UK
11 5-16
UK
11 7-16 UK
11 11-16
UK
11 13-16 11K
!2 5-16
12K
12 15-.6
12K
illl-16
UK
11 13-16 UK
12 5-16
12K
12 15-16
12K
Toes Wed. Toes Wed. Tues Wed. Tnes Wed.
New Cotton.
Oct.21. Oct.24. Oct.23
Oct.24. Oct. 23. Oct.24. Oct.23. Oct 24.
II '-16
8trlctLow Middrg 11 3-16
n*
Middling
11 9-16
Middling
Good
8trict Good Mlddl’g 11*
12 3-16
Middling Fair
12 13-16
Fair
New Cotton.
Ordinary..;...V n.
Strict Ordinary
Good Ordinary
Btrlct Good Ord’ry.
Low Middling
8trlct Low Mlddl’g
Middling
Good Middling
Strict Good Mfddl’g
Middling Fair
Fair
11 1-16
11 3-16
11
UK
1 3-16
U 5-16
11
UK
11 3-16
11 5-16
UK
i*K
11 7-16
U>;
11 11-1C UK
11 13-16
11 11-16 UK
12 5-16 12K
12 K
12
15-16
13-16
12
12*
12K
11 5-16
11*1-16
11 11-16
SS-16
UK
UK
12*
11 5-16
Tb.
FrI.
Oct.25. Oct.26. Oct.25. Oct. 26
9 15-16 9*
10 5-16 10*
10 9-16 10K
10 11-16
10*
10 15-16
11
11 1-16
UK
11 5-16 UK
11 7-16
UK
11 11-16 UK
12 1-16
12K
12 11-16
12*
9 15-16 9 K
10 5-:6 10K
10 9-16 10 k
10 11-16
10*
11
10 15-16
11 1-16
UK
11 5-16 UK
11 7-16
UK
11 11-16 UK
12 1-16
12K
12 11-16
12*
Tb.
FrI.
1C 1-16 10
10 7-16 '•OK
10 11-16 10K
10 13-16
10K
H 1-16
UK
a
3-16
UK
It 7-16 UK
11 9-16
UK
11 13-16 n*
12 K
12 3-16
12 13-16
12K
10 1-16 10
10 7-16 70 K
.0 11-16 10K
10 13-16
10K
11 1-16
UK
11 3-16
UK
11 7-16 UK
11 9-16
UK
11 13-16 u*
12 3-16
12K
12 13-16
!2K
Sat. Mon. Tnes Wed.
Tb.
Fri.
Oct.2). Oct.22. Oct.23. Oct.24. Oct. 25. Oct.26.
9
10
10
:0
Middling
11-16 9*
5-16 10K
9 16 10*
15-'.6 11
9
10
10
10
9*
10K
10*
11
11-16 9 11-16
5-16 10 5-16
9-16 10 9-16
15-16 10 15-16
9*
10*
'OK
10K
ConSpec¬
sump- ulate
Ex¬
port.
100
290
100
Saturday.. Firm., unc’d quo.
Monday... Quiet, higher...
Tuesday
Quiet, unchang’d.
Wednesday Stealy, lower
Thursday.. Qnlet, unchang’d.
Steady, lower ...
Friday
..
...
•
•
•
•
•
•
•
•
1,068
601
692
712
625
....
490
Total
For forward
40
....
•
•
....
•
•
•
•
•
•
•
•
724
48,800
45,100
5,012
216,800
•
•
•
40
37
24.400
25,400
30,600
42,500
9C1
692
712
625
•
....
....
4,415
•
Sales.
1,8 i8
....
delivery, the gales (including
•
2,900
2,800
1,300...
10J
100
8.n.
100
11*21
u-22
11-23
11-21
11-25
11 26
20th. 11-27
.11-27
11-23
1,000
3,COO
ll*2J
s.n
2,200
llv-0
.11-30
800
11-31
11-32
800
100 «.n.22d..11-33
11-33
1,300
100 i.n.iid.. 11*34
100 S.T
cts.
.
23d..1.-3*5
1,8-0....
-iTtrrpoo!
guar
800...
1.100.-.
bales.
8X1....
91
11*35
free
bales.
7.400
cts.
11*13
bales.
7,40*
2.0J0
11-14
11*15
5.100
11*16
2,800
11-17
1.00
3,40)
100....
SO'...,
90....
S.:(0
1.400....
11*14
100...
2,800
1 *19
700
11*20
t-rttol
vv
1,700...
.
on
Deliv¬
eries.
200
500
1,700
1,400
1,4 0
1 100
6,800
board)
52.3)0 total Nor.
ll-'l
For December.
SU>
...10-98
1.5 >0
10*99
5,100
11* r4i
3,200
....11*01
2.40C
11*02
1.400
11*05
11-01
2.000
11*12
1.W0
...
700....
1.600....
6,10)....
6.S00
cts.
11*16
11-07
11-08
11-09
li-10
11-11
11 12
11-13
*
For November.
300....
3.C0U....
11*06
3,100
4.200....
11-C8
6,*0U....
11-09
500...
...i:\5
1 -18
100
a-IS
11-31
a-o6
g00
600
700
300
200
600
11-30
11-31
a-.12
11-33
...11 34
11-35
1.600
li-36
1,100
11-38
500
11-39
1,100
200
11-4J
11-42
11 17
1.100
11-18
11-19
11-20
11-22
11-23
11-24
11-25
1,030
H-26
700
11-27
I
eta.
b&im*
•*.
For April.
300
U-43
200
11-41
HO
11*45
200
11*16
100
11-49
9I0
...11-50
200
11-51
100
11-52
100
11-53
11-51
200
For June.
ICO
11 fia
600
1 .70
May.
11-55
ll-'ifi
200
11-57
400
lan
500
100
300
U-73
u*74
11*75
100
190
ana
100...:;
2,400 total April.
600
11*83
-11*65
U-66
2,300 total May.
..
For
100
Ct8,
ffi—
Si
fi*
9,200 total March.
For March.
800
11-23
February.
The
future
00
9,500 total Feb.
65,700 total Jan.
For
S00
Sol)
300
400
300
90<l
400
.11-41
11-73
11-81
C00.
11-52
2,9Ju total .June.
1
following will show the closing market and prices bid for
delivery, at the several dates named :
MIDDLING TTPLAND8—AMBBIOAN GLASSIFICATION.
Mon.
Sat.
Fri.
Wed.
Tues.
Thurs.
Frt.
Fair
Market closed
January
February
March
April
May
June.-.
Transf.orders.
..
..
Steady,
Quiet,
Stealy,
lower.
higher.
Higher.
lower.
lower.
11*35
11*14
11*07
u*:3
11*25
U *39
11*52
11-64
11*78
11*35
11*35
11*15
11*28
11*18
11*06
11-11
11*24
11*37
11*50
11*63
11*77
11*3 J
102 K
4*79
11-30
1167
11*01
11-06
1119
1132
11-47
11*58
October
November
December..
Gold..
Exchange
Steady,
..
11*71
11*30
102 K
11*09
11-15
11*27
U*c9
11*52
11-65
11-79
11 35
103
479
ltUK
4*7
4*73*
11*22
11*05
10*9$
11*04
11*16
11*2*
11*42
11*55
Firm, businesi.
higher. higher.
•
11*69
11*25
11*24
11*11
11*05
U*'0
11*22
11*37
11*50
11-68
11*76
11*25
1<>2*
102*
4 ‘.9
4 79
11*27
11*14
11*11
11*17
11*39
11-43
11-56
11-69
11-81
11-30
102V
4-79
The Visible Supply op Cotton, as made up by cable and
telegraph, is as follows. The continental stocks are the figures
of last Saturday, but the totals for Great Britain and the afloat
for the Continent are this week’s returns, and consequently
brought down to Thursday evening; hence, to make the totals the
complete figures for to-night (Oct. 26), we add the item of exports
from the United States, including in it the exports of Friday
only:
Stock at
Liverpool
Stock at London
1877.
1876.
1875.
1874.
425,000
27,503
544,000
34,000
587,000
56,250
588,000
109,000
452,500
161,000
7,000
45,000
11,003
45,000
31,500
578,030
179,500
643,250
195,750
Stock at Rotterdam
9,500
54,000
9,000
47,500
55,750
13,500
8tock at Antwerp
5,500
14,000
55,000
11,000
6,250
Stock at other continental ports..
8,250
14,000
9,000
697,000
145,000
11,750
58,25
18,00
36,25
85,750
21,500
10,500
22,00)
391,750
385,000
409,000
779,250
969,750
1,023,250
1,106,006
45,000
Europe 112,000
Egypt, Brazil, Ac.,afloat for E’rope 29,000
Stock in United States ports
364,306
Stock in U. S. interior ports
42,298
3,003
United States exports to-day
183,000
163,000
41,000
516,782
63,743
18,000
210,000
170,003
39,000
405,827
53,842
32,000
202.000
1,938,919.
1,946,790
Total Great Britain stock
Stock at Marseilles
8tock
at
Stock at
.
....
Barcelona
Hamburg
.
Stock at Amsterdam
326,750
Total continental ports
Total European
stocks
19.SOO total Dec.
For
January.
2.200
5.700
2,400.
11-01
11-05
11-06
5.000
11-07
1,800
11*03
500
§#200
6,100
„
India cotton afloat for Europe....
American cotton afloat for
Total visible supply..
..baies.1,374,854
4,5<X}
3,000
60,000
15,000
1,952,275
Of the above, the totals of American and other
£0,000
•
139,000
53,000
378,628
60,162
8,000
descriptions are as follows:
197,000
258,000
163,000
516,782
63,743
18,000
210,000
149,000
166,000
170,000
405,827
53,842
32,000
175,000
139,000
378,628
60,162
8,000
1,216,525
1,037,669
249,000
27,503
88,750
45,000
29,000
347,000
377,000
56,250
219,000
210,000
439,000
109,000
234,000
202,000
41,000
39,000
53,000
735,750
1,216,525
901,230
1,037,669
1,087.000
Total American
433,250
935,604
Total visible
supply.... bales. 1,374,854
1,952,275
1,938,919
1,946,790
Liverpool stock
176,000
Continental stocks
238,000
112,030
364,3)6
42,293
3,000
....
United States interior stocks
have reached during the week 216,800 bales (all middling or on
the basis of middling), and the following is a statement of the
gales and prices:
For October.
bales.
cts.
80. exp’t to
11-17
11-43
200
:oo
United States stock
FUTURES.
Tran¬
Total.
sit.
37
5J7
5 800
7,403
V
1,100
American afloat to Europe
SALES OF SPOT AND TRANSIT.
Closed.
11-15
11-16
bales.
American—
MARKET AND SALES.
Spot Market
11-14
8,600
5,.00
1.400
1,300
cts
,11-28
11-29
11-30
Oct.2‘>. Oct.26.
STAINED.
Good Ordinary,
Strict Good Ordinary
Low Middling
8,500
bales.
700
cts
Stock at Bremen
11 7-16
10 11-16 UK
11 13-16
I1K
12 5-16 12K
12 15-16 12K
FrI.
Frt.
Tb.
Oct.25. Oct.26
11K
UK
UK
UK
Tb.
11*12
UM3
Stock at Havre
9 15-16 10K
10 1-16 10K
10 1 -16
9 15-16 10
V lb. 10
Ordinary
10 7-16
10 5-16 10 K
10 7-16 10s
I OK
10 5-16 10K
Strict Ordinary
10 11-16 10*
10 9-16 10*
10 11-16
10 9-16 10*
Good Ordinary
10*
10 15-16 10*
10 15-16 10K
10 13-16 10*
Strict Good Ord’ry. 10 13-16 io*
Low Middling
bales.
8 603
4.400
[VOL. XXV
U*l6
11*11
United StAtes exports to-day
bales. 935,604
Total American
*
-
909,79
East Indian. Brazil, dbc.—
Liverpool stock....
London stock
Continental stocks
India afloat for Europe
Egypt, Brazil, Ac., afloat
Total East India, Ac
Price Mid. Uplands.
Liverpool...
6 9-16d.
34,000
133,750
180,000
6d.
909,790
7%d.
7d.
to-night
1876, »
corresponding
These figures indicate a decrease in the cotton in sight
of 577,421 bales as compared with the same date of
decrease of 564,065 bales as compared with the
date of 1875, and a decrease of 571,986 bales as
with 1874.
At the Interior Ports the movement—that
compared
is the receipts
shipments for the week, and stock to-night, and for tko
corresponding week of 1876—is set out in detail in the following
and
statement:
October
THE
27,1877.
CHRONICLE
411
’—
Week ending Oct. 26, 1877.
Week
ending Oct. 27, 1876.
Receipts. Shipments. Stock. Receipts. Shipments. Stock.
4,293
15,916
4,279
4,031
11,396
1,190
823
14,793
1,240
12,921
4,591
5,503
4,1:0
5,000
22,368
3,099
Total, old ports.
40,647
31,898
42,298
57,652
43,406
63,743
Dallas, Texas......
Jefferson, Tex. ..
1,148
311
731
1,104
2,615
750
2,244
2,441
895
971
593
1.823
2,531
1,482
4,533
2,930
5,607
2,777
5,423
3,690
2,787
971
902
2,041
3,207
1,548
2,057
1,557
945
517
6,184
5,558
1,978
2,769
1,155
6,666
1,500
1,900
1,443
6,458
Augusta, Ga.......
Columbus, Ga
Macon,Ga. ..... ••
Montgomery,
Selma, Ala
Ala
..
Memphis, Tenn....
Nashville, Tenn...
Shreveport, La
Vicksburg,Miss....
Columbus, Miss—
Eufaula, Als
Griffin, Ga
Atlanta, Ga........
Rome, Ga......
7,515
6,151
2,285
3,465
3,403
4,861
6,231
4,230
6,204
4,739
2,933
4,865
2,466
2,118
10,742
1,891
8,608
5,898
6,929
6,694
5,500
4,213
3,743
4,804
16,379
1,621
26,115
3,999
5,847
1,584
1,500
1,200
1,800
2,740
2,800
9,0:38
4,211
1,266
7,046
1,743
2,388
5,729
3,997
9,511
6,282
40,031
1,288
1,069
12,365
2,198
1,593
7,217
1,761
1,450
3,042
2,070
6,736
1,717
Total, new ports
38,618
28,097
38,076
41,671
37,014
Total, all
79,265
59,995
80,374
99,323
80,420 101,774
Charlotte, N.C
St Louis, Mo
10,953
Cincinnati, O
The above
increased during the week 8,749 bales, and are to-night 21,445
bales less than at the same period last year.
The receipts at the
same towns have been 17,005 bales less than the same week last
year.
Weather
*
Reports
by
Telegraph.—A
storm
appears
to
in the Western and Gulf States the past
reported on the coast, but in the interior
comparatively little rain has fallen (only fifty-four hundredths
of an inch at Shreveport, at Columbus, Miss., sixty-nine hun¬
dredths, at Vicksburg one inch and one hundredth, &c.), and
yet at Vicksburg and Shreveport our correspondents speak of
dense cloudiness, which, with the rain, has almost wholly pre¬
vented picking.
More or less rain has also fallen in the Atlan¬
tic States, but generally not so as to interfere more than tem¬
porarily with the work of gathering in the crop.
Galveston, Texas.—It has rained tremendously on two days
this week, doing much damage and interfering with picking.
The rainfall is nine inches and forty-three hundredths.
The
'thermometer has averaged 62, the extremes being 49 and 74.
Indianola, Texas.—We have had rain on two days of the week,
the rainfall reaching one inch and twenty-two hundredths.
Re¬
cent rains have beaten out much cotton.
Average thermometer
66, highest 83 and lowest 49.
Goi'sicana, Texas.—It has rained hard on one day, the rainfall
reaching one inch and forty-two hundredths. We have had a
frost this week, but not a killing frost, and the weather has been
too cold and wet.
Average thermometer 55, highest 77 and
have been ip progress
week. Heavy rain is
lowest 40.
Dallas, Texas.—It has rained hard
on one day,
and we have
Monday and Tuesday, but not killing frosts, and
picking has been retarded. Average thermometer 56, highest 79
had frosts
on
and lowest 40. The rainfall for the week is
five hundredths.
Brenham, Texas.—There has been
of thirteen hundredths of
an
inch.
one
day
too
The thermometer has averaged 60, the highest being
80 and the lowest 44.
of an inch.
The rainfall has been
ninety hundredths
Selma, Alabama.—The earlier part of the week the weather
clear. and pleasant, but since then it has been
rainy, rain
having fallen on two days, and the wet weather still continues.
Madison, Florida.—There has been rain here on two days
the latter part of the week, with a rainfall of one inch.
Aver¬
age thermometer 65, highest 75, and lowest 56.
The earlier
portion of the week the weather was clear and pleasant. Con¬
tracts for the
coming year are now being made with the freedmen at about last
year’s rates.
Macon, Georgia.—It has rained here on two days this week.
The thermometer has
averaged 69, the highest being 72 and the
was
lowest 46.
Atlanta, Georgia.—It has rained steadily one day this week,
reaching thirty-eight hundredths of an inch. The
thermometer has ranged from 44 to 74,
averaging 61.
Columbus, Georgia.—It has rained constantly two days of the
week, the rainfall reaching seventy-four hundredths of an inch.
The thermometer has
averaged 62.
Savannah, Georgia.—We have had a very light rain on one day
of the week, the rainfall
reaching two hundredths of an inch, but
the rest of the week lia3 been warm and
dry. The thermometer
has averaged 73, the
highest being 83 and the lowest 50.
Augusta, Georgia.—The weather during the earlier part of the
week has been clear and pleasant,
but during the latter portion
it has rained lightly on three
days, the rainfall reaching sixteen
hundredths of an inch.
Picking is progressing finely and
planters are sending their cotton to market freely. The ther¬
mometer has averaged 64, the
highest being 82, and the lowest
the rainfall
46.
Charleston, South Carolina.—We have had light showers on
days this week, the rainfall reaching eleven hundredths of
an inch.
The thermometer has averaged 68, the
highest being
80 and the lowest 53.
two
*
The
following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3 o’clock
Oct. 25.
We give last year’s
figures (Oct. 26, 1876) for com¬
parison:
Below high-water mark....
Above low-water mark
.Above low-water mark
.Above low-water mark
Above low-water mark
,
/—Oct. 25. ’77.—>
Feet.
Inch.
...
13
10
1
-
/-Oct. 26. ’76
6
10
7
2
9
4
t.;*
3
12
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 6-lOths of a foot above
1871,
16 feet above low-water mark at that point.
Shipments.—According to ourcable despatch received
to-day, there have been
bales shipped from Bombay to Great
Britain the past week, and
bales to the Continent; while
the receipts at Bombay during this week have been 3,000 bales.
or
Bombay
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. 25:
/-Shipments this week-.
Great
Britain,
1877
1876
4,000
Con-
tinent.
..
.
Total.
/-Shipmentssince Jan.l-.
Great
ConBritain. tinent.
Total.
.—Receipts.—
This
week.
since
Jan.l.
378,000 412.000
790,000
3,000 1,006,000
557.000 374,000
931,000
9,000 1,029,000
•1,000 420,000 1,191.600
6,000 1,253,000
it would appear that, compared with last
4,000
cold, amounting nearly to frost on two nights. As the week 1875.....
From the foregoing
closes, however, there has been a favorable change in the
year,
there Las been a decrease of 4,000 bales in the week’s ship¬
weather. Average thermometer 58,
highest 80 and lowest 42.
ments from Bombay to Europe, and that the total movement
New Orleans, Louisiana.—There has been rain here on two
since January 1 shows a decrease in shipments of 141,000
bales,
days of the week, the rainfall reaching four inches and ten
compared witn the corresponding period of 1876.
hundredths. The thermometer has averaged 62.
Gunny Bags, Bagging, &c.—Bagging has not
changed much
Shreveport, Louisiana.—Dense cloudiness has prevailed during since our last
report ; orders are coming in from the South, but
the entire week, and rain has fallen on three
days. There has are only for small parcels, and though in the
been little or no picking, and it is now realized that the
aggregate a con¬
crop is
siderable amount of
short, and as compared with last year the staple is reduced at to the usual amount goods are disposed of, the quantity is not up
consumed at this season.
Prices are still
least two grades. There is also much
complaint of sprouting in quoted at ll£(a)ll£c. for light and 12c. for standard. Butts are
the boll. This
(Friday) morning it is cloudy and slightly threat¬
ening. The thermometer has averaged 58, the highest being 73 ruling quiet, and there is no change to note. The quotations
and the lowest 43.
The rainfall is fifty-four hundredths of an range from 3@3£c. as to quality, with only small parcels being
taken.
The arrivals are quite heavy for the week, and foot
inch.
up
6,650 bales, as follows : Per G. Thompson, 1,528 ; per T. Hilyard,
Vicksburg, Mississippi.—It has been cloudy every day this 2,020 ;
per Tantallon Castle, 2,402 ; per Loch Range, 700 ; total,
week, with rain on three days, and no picking has been done.
6,650.
The rainfall has been one inch and one
hundredth, and the ther¬
The Conclusions of the Cotton Conference at Liver¬
mometer has
ranged from 43 to 69, averaging 58.
pool.—The
following report on the recent conference, held for
Columbus, Mississippi.—The rainfall during the past week lias
been sixty-nine hundredths of an inch. The weather
has been the discussion of certain questions suggested by the late Inter¬
damp and showery, interfering with picking.
national Cotton Convention, has been just issued by Mr. W. B.
IMUe Rock,
Arkansas.—Telegram not received.
Nashville, Tennessee.— It has rained slightly on three days this Forwood, President of the Convention, and forwarded to the
week, the rainfall reaching thirty-three hundredths of an inch. various associations interested. It will be noticed that some
Picking is progressing finely. The thermometer has averaged very important*conclusions have been reached ; prominent among
58, the extremes being 49 and 67.
them is the adoption
the recommendation of the Cotton Con¬
Memphis, Tennessee.—We have had rain on five days, mostly vention that contractsoffor cotton
bought and sold for shipment
theofrainfall
reaching fifty-five hundredths of an inch, and or
^ists,
the rest
the week has been
be
for
the
delivery
delivery of 100 bales of 43,200 lbs.
We
cloudy.
The bad weather
obstructs picking. We have had no
killing frost yet. Average give the report in full :
thermometer 56, highest 71 and lowest 41. The rainfall last
I have the honor to report, for the information of your
week was one and four hundredths
£«5pciainches, and the average ther¬ tion, that, at the suggestion of the Cotton Brokers’ Association,
mometer 70, the
highest being 83 and the lowest 53.
a conference
of the various bodies connected with the‘Cotton
Mobile, Alabama.—It has rained severely one day and has been trade in this town and the Cotton
Spinners’ Association has been
Bhowery one day the latter part of the week, the rainfall reach¬ held for the
purpose of considering the recommendations of the
ing one and
ninety-eight hundredths inches, but the rest of the International Cotton Convention.
week has been clear and
pleasant. The thermometer has aver¬
The conference appointed a committee, consisting of the
presi¬
aged 62, the highest
being 80 and the lowest 50.
dents and vice-presidents of the American Chamber of Commerce,
Montgomery, Alabama.—It has rained on three days the latter the United Cotton Association, and the Cotton Brokers’ Associa¬
portion of the
week, but the earlier part has been clear and tion, to consider and report upon the following resolutions of the
»
Feet.
New Orleans
inch and twenty-
rainfall here on one
The weather has been
a
pleasant.
...
•*••
...
1
THE CHRONICLE
412
convention: “That it is desirable some mode of inspection or
supervision should be established of cotton on arrival at Liver¬
pool, a small impost being levied upon each bale to defray the
cost of such an arrangement, and that a committee be appointed
to further this proposal, and to consider the proper jerking of
ships, the weighing of cotton on the wharves, and other kindred
subjects.” “That the different exchanges represented in this
convention be requested to obtain legislation in their respective
countries, so far as it does not already exist, to hold masters of
vessels liable for delivery of cargoes in a different condition from
that acknowledged by their signatures on the bills of lading,
accomr anied by the inspector’s certificate of condition.”
The consideration of the recommendation that cotton be sold
at net cash
price, without the present deduction of
Per cent,
postponed by the conference, in deference to the wishes of
buyers of cotton, who demanded the discount as an old usage,
and stated that its abolition would be considered a grievance,
particularly in the present bad state of trade in Manchester,
XXW YOBK.
rkck’ts
working of such an option would be to introduce cash payments
before delivery; this would cause considerable inconvenience to
buyers, and would necessitate a large increase in the working
capital of the trade, which its present condition would not afford.
The failures among trade buyers of cotton being very few, com¬
pared with the magnitude of the business, it was felt that it was
not at present necessary to introduce such a great change in the
terms of
The
payment.
This
week.
of the Cotton
Brokers’ Association,
The
recommendation
of the
convention “ That contracts for
cotton
bought and so'd for shipment or delivery should be for
delivery of one hundred bales of 4*1,200 pounds weight, this
weight to be made up to the nearest bale,” was confirmed by the
the
conference, and the committee of the Cotton Brokers’ Association
was
requested to give effect to it this season.
The arguments in favor of an alteration in the existing rule
briefly
follows: 1. That under it sellers could deliver
bales of any weight, and frequently regulated tlieir deliveries
according as their contract was a profitable or a losing one. 2.
Tint buyers, Laving no certainty what weight of cotton may be
tendered to th m, are unable to arrange their finances,
o. That
in a filling mirket buyers are almost sure of receiving a large
excess in
weight, which they can only resell at a considerable
were
as
sacrifice.
The adoption
-
of the recommendation of the convention was
advocated, because (a) it defines the contract between the buyer
and seller, and limits the possible variation from the quantity
contracted for to half a bale, or ^ per cent; (b) it will facilitate
the operations of the merchant and enable the spinner to cover
his sales of yarn, which are made in pounds weight, by the pur¬
chase of the exact weight of cotton required for that purpose;
(c) it will prevent contracts being manipulated.
The Cotton Brokers’ Association have not yet given effect to
this resolution, but I feel confident that they will very shortly
do so, as it appears to be the unanimous wish of importers of
cotton, and it is obviously to the advantage of the trade, that the
proposed change should be carried out.
The Cotton Brokers’ Association have adopted the recommenda¬
tion of the convention that the official quotation of low middling
and good ordinary be given daily.
I have received a communication from the President of the
National Cotton Exchange of America, stating that the recom¬
mendations of the convention in reference to country damage,
and the inspection of cotton before shipment, have been duly for¬
warded to the various con uituent exchanges.
The Exports of Cotton from New York, this week, show an
increase, as compared with last week, the total reaching 8,105
bales, against 5,217 bales last week. Below we give our usual
table showing the exports of cotton from New York, and their
direction, for each of the last four weeks; also the total exports
and direction since Sept. 1, 1877; and in the last column the total
for the same oeriod of the previous year:
Exports of Cottonf bales) from New York since Sent. 1,1877
Same
WIXK XNDINO
Total
SXFOBTXD TO
Liverpool
Oct.
Oct.
Oct.
Oct.
3.
10.
17.
21.
9,110
Other British Ports
Total to Gt. Britain
....
9,110
Havre
Other French ports
Total French
...
Other nortfl
....
4,5o2
7,883
....
....
8,750
4,552
S71
250
115
...
7,983
122
•
date.
year.
38,971
1,535
55,781
40,556
56,283
905
4,598
115
...
500
....
0pam.Oporto&Gibraltar & c
All others
Total
Spain, Ac
Grand Total
•
•••
200
100
122
365
371
....
•
.
.
.
....
....
300
1,102
1,0S0
4,538
360
100
3,121
5.302
1,40J
728
1,102
3C0
800
....
....
....
....
....
•
•
....
....
•
•
•
10,212
9,421
•
•
•
5.217
....
....
•
•
•
•
....
8 105
5,702
5,219
....
...
•..
...
••
26,046
8,909
21,601
47,398
66,130
This
BALTDIOBB.
Since
week.
This Since
Septl. week. 8q»t4
*
•
4,434
4^426
1,679
3,149
.
.
•
•
m
6,330
668
618
North’rn Ports
0
•
•
•
.
•••
•
....
•
2 859
6,433
..
•
19.383
4.560
4,921
•••
.
1,436
15
....
r
.
^
18,237
1,173
1,817
1,585
3,603
6.742
1,627
8,879
3,411
673
-
.
.
r-
«
^
*
•
•
1,770
1,149
152
1,165
168
4,188
*
*
•
•
•
*-
Tennessee, Ac
Foreign
441
Total this year
27,597
105,737
7,539
23.466
1,847
5,350
4,766 13,510
40,164
168,992
8,752 24,617
1,031
6,633
5,210
Total last year.
1
-
....
....
924
....
....
Shipping News.—The exports of cotton from the
United
States the past week, as per latest mail returns, have
reached
42,836 bales. So far as the Southern ports are concerned, these
are the same exports reported by telegraph, and
published in
The Chronicle last Friday.
With regard to New York, we
Include the manifests of all vessels cleared up to
Wednesday
night of this week.
T
Nkw Yobk—To Liverpool, per steamers Nankin, 1,063
Tin Queen
1.098
Balti', 879 ...Montaoa, 3,103.... Abyssinia, 1,335.
—
City of Beilin, 50)
17 qdq
To Havre, per i-teamer Pereire, 91 and 3’ Sea Island
New Orleans—To Liverpool, per steamers Clive, 1,402
Teutonia, 4,5n3
—
Gracia, 2,249
Carolina, 2,210
..
To Havre, per brig Astrea, 747
Mobile—To Cork, for orders, per bark Fagna, 955
Charleston—To Liverpool, per bark Martha A. McNeil, 3,434 Upland
To Cork, for orders, per bark Sosterk, 1,U2) Upland
’
To Havre, per bark Horanva d Bound, 1,960 Up'and
! ’*’’]*
Savannah—To Liverpool, per shi0 Alexandrovna, 4,293 Upland..
To Reval, per steamer Nio, 3,500 Uoland
Wilmington—To Liverpool, per bark Kate Bonsfield, 9'0
Baltimoue—To Bremen, per steamer General Werder, 500
Boston—To Liverpool, per steamers Palestine, 2,362
Iberian, 1.415
Philadelphia— lo Liverpool, per steamer 111, 33/
’’
.
’jo*
*1,5.79
Oberon,
..
.
.
.
13 153
1/55
.
3 484
7025
j’%Q
4’{>9j
3’5^
’950
....
Total
The
are as
New
5^
3 8^7
’337
42,*8&
partici la
follows
*
of these shipments, arranged in
usual form
our
:
Yprk
Liverpool.
7,ys3
13,163
1
.Ww Orleans
Cork.
..
955
Mobile
Charleston
Savannah.
3,481
4,293
90
Wilmington
Baltimore
Boston
Havre. Bremen. Revai. Total.
122
*
3,11)5
717
33,910«
955
...
1,025
1,900
...
.
6,tb9
7,193
..
3,500
....
950
500
500
3,£07
Philadelphia
3,807
3*7
Below we give all news
vessels carryiug cotton from
397
.
34,077
Total
1,980
2,820
3,500
500
42,886
received to date of disasters, &c., to
United States ports :
Geo. Appold—A fire broke out in the cotton cargo in the forward part of the
lower hold of the steamer Geo. Appold, at J^avannah, Oct. 20, for Bal¬
timore. The hold was flooded with water and the fire got under con¬
trol same-day. She was pumped out on the 21st, and is suppo>ed lo
be but llitle damaged. From 200 to 300 bales of cotton damaged, con¬
sign! d to Liverpool and Bremen, which will be forwarded;
Massachusetts, str.. from New York for Providence, before reported, was
floated at 7:45 P. M. Cct. 17, and her leaks partially stopped. She pro¬
ceeded
New
for
York
in
tow of the
Coast
Wrecking Company’s
Relief, where she arrived on the 19th, and was placed on the
Sectional Dry Dock for repairs.
W. A. Palmer, lighter, heavily loaded with cotton was upset in t ie Forth
River P. M. Oct. 15. The cargo w*as damaged to the extent of about
$5,COO. The lighter was badly damaged.
steamer
Cotton
freights the p&Bt week have been as follows
:
Liverpool.-—-*,—Havre.—*.—Bremen.—* ,—Hambar?.-*
/-
Steam.
d.
Sail.
d.
& comp.
Jpf comp.
£ comp.
\ comp.
£ comp.
Saturday.. 3tf@5-16
Monday.... £@5-16
Tuesday... Jf@5-16
Wedn’day. £(3)5-16
Thursday.. £@5-16
Friday
£@5-16
Market qniet
£
comp.
Steam.
Sail. Steam..
c.
c.
c.
Sail.
Ji comp.
% comp.
% comp.
—
% comp.
—
—
comp.
comp.
—
% comp.
£ comp.
% comp.
comp.
—
—
%
%
%
%
%
comp.
comp.
—
—
—
—
—
—
Sail*
Steam.
c.
c.
c.
1 comp.
c.
—
— O—
1 comp.
1 comp —@—
1 comp.
—
comp.
1 comp.
—
* 1
—<&—
Liverpool, October 28*^3:30 P.M.—By Cable from Livib
POOL.—Estimated sales of the day were 12,000 bales, of which
1,000 bales were for export and speculation. Of to-day’s sales
7,800 bales were American. The weekly movement ie given as
follows:
Oct. 1*2.
Oct. 19.
Oct. 26.
10.000
43,000
2,000
48,000
5,000
7,000
7,000
14,000
50,000
2,000
31,000
4,000
79,000
3,000
45,000
e;oco
4.000
425,000
176,000
Oct 5.
Forwarded
Sales American
of which exporters took
of which speculators took
Total stock
of which American
Total import of the week
of which American
Amount afloat
of which American
8,000
5,000
5,000
98,000
20,000
The following table will show the
S'pCt.
Mid. Orl’ns
These sales
wise stated.
-
are on
the basis of
Nov.-Dee. delivery, 61 l-3*2d.
delivery, C 5-l(5d.
25,000
10,000
6,000
93,000
34,000
2.000
448,000
210,000
16,000
7,000
6,000
111,000
49,000
57,000
11,000
7,000
115,000
67,000
daily closing prices of cotton for the week:
Satur.
Mon.
Tnes.
@6# ..@6#
..@614
@0% ..@6 11-16 ..@6 11-16
Oct. delivery, 6%@13-3?d.
Nov. delivery, 0 i3-32d.
Oct.-Nov. delivery, <>%d.
Dee.-Jan.
484.000
235,000
535,000
270.000
,
....
following are the receipts of cotton at New York, Bohton,
Philadelphia and Baltimore for the past week, and since Sept. 1, ’ i 7:
The
6,291
11,117
Virginia
Mid.Upl’ds
Total to N. Europe.
Sept. 1.
Actual export
....
Bremen and Hanover
Hamburg
8,750
to
period
prev’us
FHXLADBLP’lA
This Since
week. Septl.
Since
*■*“*
New Orleans..
Texas
Savannah
Mobile
Florida
3’th Carolina
N’th Carolina.
.
which is
considering the system of dealing .in “ futures,” not having
yet made its report, the conference was unable to enter upon the
consideration of this subject.
committee
BOLTOV.
from
was
The recommendation that when cotton is sold on the spot, pay¬
ment shall be by cash, before delivery, if required, was not con¬
firmed by the conference ; it was represented that the practical
[Vol. XXV.
Wednes. Thurs. . Fn.'
..@6 9-16 ..@6 9-16
..@6%
..@oX ..<&&/*
Uplands, Low Middling clause,
unless other¬
Saturday.
Jan.-Feb. delivery, 6 5-16d.
Nov.-Dee. shipment, sail, 6 5-16a.
Feb.-Mar. ehipm't, sail, 0 13-32d.
Dee.-Jan. shipment, new crop,
6 11-32J.
sail,
T0Lj CHRONXOLE.
^October 27,1877. |
Monday.
RECEIPTS at NEW YORK.
shipment, sail, 6^d.
| Jan -Feb. shipment, sail. 6 13-32d.
Nov. delivery, 6 l5-32®Xd.
i Feb.-Mar. shiptn’t, sail, 6 7-16d.
?\m .Nov. delivery. 6 15-321.
| Oct. delivery, 6 l5-32d.
Nov.-Dee. delivery, 6 !8-32®#d.
I Dec. delivery, 6J£d.
Dec.-J*n. delivery, 6%d.
| Dec.-Jan. delivery, 6 ll-32d.
Jan.-Feb. delivery, b^d.
TDKeDAY.
Jan.-Feb. delivery, 6 13-32®Jfd.
Oct. delivery, 6X®17-32®Jtf®15-32d,
Nov. delivery, 6 15-32d.
Nov. delivery.
Oct.-Nov. 8hipm’ts,new crop,sail,6J£d.
Oct.-Nov. delivery,
d.
Feb.-Mar. shipment, sail, 6 13-32d.
Nov.-Dee. delivery, 6 :3-32d.
Nov.-Dee. shipm’t, new crop,sail, 6%d.
Dec.-Jan. delivery, 6%d.
Wednesday.
Oct. delivery,
Oct.-Nov. delivery,
6^d.
fi^d.
0 15-32d.
Oct.-Nov. delivery, 6 15-32d.
Nov.-Dee. delivery, 6^d.
Dec.-Jan. delivery, 6 ll-32d.
Feb.-Mar. delivery. 6#d.
Nov -Dec. delivery, 6 ll-32d.
Jan.-Feb. delivery, 6 5-16d.
Nov. delivery,
.
The
Oct.-Nov.
shipments,
6 ll-32d.
Nov -Dec.
shipment,
sail,
new crop,
sail,
Nov. delivery, b l3-32d.
Nov.-Dee. delivery, 6 5-16d.
more
spring at
$1 30@1 32, and speculation has been fair for this and the next
figures. To-day, the market was dull
and prices one cent lower.
Indian com was active and
buoyant early in the week, on
favorable foreign advices, a good export demand and reduced
supplies as compared with last year ; but latterly a portion of the
advance has been lost, and the confidence of holders, although
two mouths at about these
will
no
cause
marketed.
doubt that the rains which have fallen at the West
delay in new crop becoming suitable in condition to be
To-day, there was a partial decline in prices, to 62c;
.
for prime mixed.
Rye has been
.
active for export to Germany—71c.
paid
for No. 2 Western and 75c. for Canada in
bond, closing with an
more
upward tendency.
Barley has met with
active inquiry and a
portion of the late decline is recovered, with a further advance
an
asked.
Oats advanced lc-. early in the week, but for the
past two or
three days prices have been
declining, No. 2 graded closing to¬
day at 36c. for mixed and 37c. for white.
The
„
following
_
No. 2
.
Superfine
;
ern
are
the closing quotations:
Flour.
tt bbl.
$3 03® 4 25
State & West4 85® 5 30
iUtra state, &c
5 60® 5 85
Western Spring Wheat
extras
5
do XXand XXX.'..6 65® 5 90
00a 7 50
winter X and XX..
Mo Minnesota
patents..
00
Utyshipping
extras..
..
Wty trade and family
brands
Southern bakers’and faorands
g^herasWpp’gextras..
Oornineaf—'Western* Ac.
Dorn
5 85® 7 50
6 50.U) 9 00
6
50® 6 50
g
75® 7 25
6
50® 7 75
Grain.
Wheat—No.3 spring,bush $1 23® 1 26
No. 2 spring
1 2a® 1 31
No. 1 spring
1 33® 1 35
Red Winter
1 83® 1 44
Amber do
1 35® 1 45
White
1 45® 1 55
Corn-West’n mixed, new
£9®
62
Yellow Western
61®
62
Southern, yellow
63®....
Rye
SO
70®
Oats—Mixed
83®
38
White
|
35®
43
| Barley—Canada West...
93
83®
..
5 85®
6 40
0(’® 4 6<» i
2 65® 3 00
I
State, 4-rowed
Barley Malt—State
Canadian
.
...
67®
70
74®
78
85
65®
1 00® I 15
83® 1 10
meal—Br’wine. Ac. 3 45® 3 50 I Peas—Canada.bondAfree
The movement in breadstuffs at this market has
been
lows;
as
fol-
move¬
69,754
3,3n8
4,524
11,700
94,621
20,600
12,400
96,000
65.40J
....
....
18,850
1,282,693
1,363,072
1,^02,205
bush.
(48 lbs.) (56 lbs).
210,707
31,888
100,935
7,250
18,457
19.262
150,173
Rye,
bush.
23,650
190,364
2.815,629
2,898, '.46
2,023,671
Barley,
266,995
4,200
155,053
10,000
1,600
17,700
7,a00
...
432,398
74.633
446,455
729,496 44 2,836
85,319
683,063 638,077
100,347
924,269
285,080
12,780
19.820,521 6,106,254 4,427,045
21,412,358 6,255,253 1,992,301
20,859.399 4,159,837 2,401,215
23.443.374 4,542 450 1,285,124
8.995.047 3,258,468 1,473.93S
7,575,650 3,286,014
921,885
10,208,030 2,604,532 836,9’.3
8,866,114 2,322,307 507,977
Estimated.
FLOUR
RIVER PORTS
Oct 20, 1877
Oct. 13, 1877
Cor. week ’76
Cor. week’75
Cor. week’74
Cor. week’73
Cor. week’72
AND
GRAIN
FOR THE
FROM
WEEK
1.5-1,988
1,478,4 6 4
312.480
4 57,401
150,472
1,616,305
2,591,385
2,079.439
773,079
1-8.860
1 124,250
425.428
bbls.
bush.
164.294
bush.
150,659 1,939,655 1,362,072
160,437 1,32#,991 1,1C4,590
Tot. Jan.l to Oct. 20.3,363,668 33.181,474 60.201,435
Same time 1876
3,630,465 39,578,507 64,919,749
Same time 1875
4,163,824 45,834,676 36,821,079
Same time 1874
4.705,025 53,037,790 40,187,999
AND GRAIN
FLOUR
Wneat,
Corn,
Oats,
bush.
bush.
bush.
624.456
84.C30
5,600
156,005
338,100
201,000
64,473
514.396
97,216
1,200
6,937
81 200
35,000
762,425
886,991
508,240
16,445.922
20,249,161
15,693,729
16,673.909
Baltimore
New Orleans
1U.2ij3
335,200
4,465
291,915
3,253,721
1,473,664
251,863
238,525
2.703,731
1,499,430
1,003,903
...6,062,968 23,567,506
7,666,994 34,462,520
7,493,278 42,242,803
8,615,515 52,968,838
2,061,984
71,360,791
72,834,651
43,*59,263
45,565,076
Total
Previous week
Cor. week ’76
Jan. 1 to Oct. 20.
Same time 1876
Sometime 1875
Same time 1874
Estimated.
*
252,200
And at Montreal 12,4C4
The Visible
Supply
bush.
?8,T35
81,696
42,523
493,925
14,732
70 ',453
14S.821
31,615
454,618 511,914
40,611
15,549,941 3,931,290 2,115,235
17,535,228 2,459.361 1,622,252
15,413,728 1,861.436
703,310
14,662,932 2,205,767 2,844,251
bbls.
41,253
25.490
24,988
Philadelphia
Rye.
bush.
46,341
265,436
61,386
146,196
685.430
AT SEABOARD PORTS
1,902,342
126.050
1,100
632,364
AND
bush.
767.338
431,553
Flour,
117,360
68,316
3,500
Portland*
Montreal
bush.
625.273
20, 1877, AND FROM JAN. 1
OCT.
At—
New York
Boston
LAKE
20, 1877.
2,555,675
2,574,576
Wh^at,
16V769
WEEK ENDED
OCT.
Barley,
FROM JAN.
Flour,
185,135
RECEIPTS OF
WESTERN
ENDED
1 TO OCT. 20:
Corn,
Oats,
AND
FO-l THE
TO OCT. 20.
Baney,
Rye,
bush.
401.032
bush.
31,600
35,379
1,200
54,120
74,500
5,500
2,500
26,476
....
561,302
521,491
....
44,579
140,354
35,338
449,928
3,803,885 1,919,924
4,101,663
2,066,986
301,966
1,626,898
788,541
921,359
peas.
Grain, comprising the stocks in
points of accumulation at lake and
of
the principal
and in transit on the Lakes, the New York canals
by rail, Oct. 20, 1877, was ns follows:
granary at
seaboard ports,
and
Wheat,
bush.
[n store at New York
In store at Albany.
In store at Buffalo
In store at Chicago
lu store at Milwaukee
[n store at Duluth
In store at Toledo
In store at Detroit
In store at Oswego*
[n 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
..
.
.
.
...
Corn,
Oats,
bush.
bush.
620,119
8,039,423
4.300
206,371
596,586
427,975
288.241
329,809
423,805
220, uOU
100,259
58.711
32.510
214,871
324,028
524.232
1,159
15,347
115,000
436,710
373.472
3,315.656
2,731,442
1,096,150
618,08)
21,743
8,630
105.385
15!-,0C0
30,000
89,304
266,450
18,020
206,471
229,707
2,450
283,520
594,338
31,008
57,030
bnsh.
222,353
117,000
157,388
518.3S3
66,641
45,503
23,578
90,842
237,297
22,858
85,000
65 i, 357
245.595
1,928,570
685,996
.
...10,440,056 10,038,858
•
•
•
•
•
m
•
,,,,
5,322
200.000
95,7f6
65,231
m m m
....
8S7
15,000
30,627
2,109
200,542
48
8,977
2,531
69,599
•
43,626
Dye,
bush.
•
148,6C0
..10, ISO,753 11,362,559
8.4S8.948 11,238,348
Oct. 21,1876
192,610
5,641
434,000
.
Sept. 29, 1877
1,316.276
64,200
101,013
Barley,
....
...11.322.164 10,439,577
Total
Oct. 13, 1877
Oct. 6, 1877..
*
...
..
Lake
*<lo
lj^wee^s.
Afloat in New York canals
...
4
(56 lbs.)
768,404
15.600
276,355
...
State, 2-rowed
Oats,
bush.
(32 lbs.)
1,760
167,904
.
SHIPMENTS OF
active at the recent decline.
hulk of the business of the week has been in No. 2
,
AND FROM
bush.
7,228
4,590
200,507
38,949
tfvious week
20,
Corn,
156,074
144,207 2,721,305 1,111,812
Tot. Jan.l to Oct. 20-3,639,593 33,247,630 67,766,109
Same time 1876
4,250,904 43,610,192 69,368,308
Same time 1875......3,802.665 53,473,723 41,831,638
Same time 1874
4,918,841 67,308,818 51,237,170
Tot.Ang. 1 to Oct. 20.1,405,748 27,956,012 24,860,522
Same time 1376. ..'.1,3 5,136 17,166,054 26,963,960
Same time 1875
1,169.746 23,064,910 :3,6l3.119
Same time 1874
1,409,010 24,395,625 12,846,504
Large lines of shipping extras were sold at $5 55@5 75 for com¬
mon, and $6 2536 50 for good.
There has also been some in¬
quiry from London for the choicer grades, and the provinces
have bought No. 2’s and superfine freely, causing some advance
Production is very large in this city, as well as at the
in them.
West, and there is a disposition to effect prompt sales, which
greatly facilitates trade when there is any demand for stock.
Eye flour is steadier and corn meal quite active. To-day, the
market was fairly active, but at some depres&ion in prices.
The wheat market has been variable.
Receipts have been
very large here and at Buffalo, but a large proportion of them is
sent to store against the closing of inland navigation for the
winter. The arrival of a large fleet of vessels is assurance of the
continuance of moderate rates of ocean
freights. The rec nt
falling off in receipts at the Western markets is explained as the
result of long-continued rains, which have caused bad roads.
Supplies still in the hands of farmers are said to be large. The
there is
_
Milwaukee
Toledo
Detroit
Cleveland
St. Conis
Pe-ria
Duluth.
*
market has been
Wheat,
bbls.
bush.
(196 lbs.) (60 lbs.)
44,855
734,964
59,5! 9 1,106,664
1,710
211,696
15,111
244,101
*1,800
29,250
’75..
Friday, P. M.. Oct. 26, 1877
1876.
For the
Since
week.
Jan.l.
PORT8 FOR THE WEEK ENDING
JAN. 1 TO OCTOBER
AUG. 1 TO OCT. 20.
Corresp’ng
week,’76.
“
Jan.-^eb. delivery, 6 5-16d.
Nov. delivery, b 7-163.
Dec.-Jan. delivery,6 ll-32d.
Jan.-Feb. delivery, 6 ll-32d.
BREADSTUFFS.
The flour
AT LAKE AND RIVER
20, 1877, FROM
Total
Friday.
,
in sight and the
Breadstuffs to the latest mail dates:
OCT.
P.
»
Since
Jan. 1.
*
following tables show the Grain
ment of
At—
new crop,
1877.
For the
week.
....
592,881
.
Chicago...—
Oct.-Nov. deliver}’, 6 7-16d.
Dec—Jan. delivery. 6 5-lbd.
Nov.-Dee. delivery, 6>«®ll-82d.
Feb.-Mar. delivery, 6 ll-32d.
Dec.-Jan. delivery, b 5-1 d.
.
Flour,
6>,'d.
Oct. delivery, 6 15-32d.
Uct -Nov. delivery, 0 7-16d.
.
Ohs ...“
REPORTS PROM NEW YORK.
v
Same
time
1876.
.
2,515,418 3,083,273
31,305 1.047,502 31,526 1,549,424
188,210
149.282
1,257
176,626
3,014
139,064
13.783,602 20,790.213 1,166,355 12,474,604 573,940 20,695,609
28,876,166 21.624,757
225,599 20,535.336 581,166 14,893,443
1,480,472 1,040,492
45.736 1,756,328 52,363
858,932
3.990,821 3.483,502
53.833
909,289
9.223
9,563,267 9,712,283
35,502
196,152
1,498
461,979
5,100
.
Wneat, bus.2,187,506
"
451,596
Rye,
“
98,323
Barley. “
389.202
Corn,
sail,
Nov.-Hec. delivery, 6 13-3vd.
Jan.-Feb. shipmenr, new crop, eail, Nov.-Dee. deHvery, 6%d.
Dec.-Jan. delivery,
d.
6 13-32d.
Nov.-Dee. shipm’t,new crop, sail, b%a.
Thursday.
Oct. delivery,
FImr, bbls. 114,946
C. meal, “
RECEIPTS
Feb.-Mar. shipment, new crop,
6 13 32d.
Nov. delivery, G 15-32d.
Feb.-Mar. shipment, sail, 6Ji'd.
6!4<b
delivery, &*d.
Nov.
1877.
,
For the
8ince
week.
Jan. 1.
I Dec.-Jan.
delivery, 6V4d.
Oct.
413
•
•
•
•
•
12,095
15,913
....
12,000
4,010
....
.
.
„
•
•
•
57,649
12,216
12,000
.
.
.
.
.
359,552
439,967
805,995
71,515
571,813
338,580
180,063
103,518
10,825
3,850,969
2,622,437 644.889
2,41-3,731 673,969
2,114,639 624,539
3,802,963 1,489.853 579,410
3,257,085 3,243,245 869,544
4,150,341
4,082,663
Estimated.
THE DRY GOODS TRADE.
Friday, P. M., Oct. 36, 1877.
During the past week operations in the dry goods market have
been mostly of a hand-to-mouth character and light in the
aggregate. Continued mild weather over a very large
the country has retarded the consumptive demand
section of
for winter
CHRONICLE
THE
414
goods, and, until distributers liave disposed of their early pur¬
chases, it is futile to look for a more active inquiry for re-assort¬
ments.
The print market continued dull and unsettled, and the
entire stock of Merrimack D fancy prints was disposed of to a lead¬
ing jobbing firm, who offered them to the trade at the low price of
5£c. net. The demoralization of the print market has had a
tendency to check operations in other makes of cotton goods, and
purchases were accordingly gauged by actual trade require¬
ments. There was no movement of importance in heavy woolens,
but considerable orders for spring-weight fancy cassimeres and
worsted coatings were placed with manufacturers’ agents by
early buyers. The jobbing trade was generally quiet, but houses
having job lots of prints, bleached cottons, &c., to offer effected a
'
[VOL. XXV,
Exports ol Jbeadiuit Articles from New York.
The following table, compiled from Custom House
returns,
shows the exports of leading articles from the port of New
York
to all the principal foreign countries, since Jan.
1,1877, the
totals for the last week, and also the totals since Jan.
1, 1877
and 1876. The last two lines show total values,
including
the
value of all other articles besides those mentioned in the
table.
—.—.oidA-Hes'v-inin-i'inooaoec —i!0«io«Q®wioo>o»nw
2 OcoSJSoaodtUrf'/?
w«ujo«m«o
ao©
— — © o> d d-os d
.o
*2 ^ 00 6“ j® ir 2!
T*
©®
&
•
os
©Sas^ co©'*'®’"''®
3
.'rrCeo —JW—t®
ISii
„r
eo
d'd’-sT ^ co
-*■
©osooodt-'aasostoi^csarcrin
sbss®!*"®..
o
'in
§
8s- «
<o
—
an
fair busiaess.
Domestic
his port,
Cotton Goods.—The exports
of domestics from
reached 5,837 pack¬
China, 4,643 packages;
for the week ending October 23,
ages, which were shipped as follows :
United States of Colombia, 471; Great Britain,
•.
r
■M
®* C9
o®
•
Jj
to
•
«
O
iQ
to to eo
»no
•
in co co ^ to
•
.to
—
,-c—
: tq
•
r; £r n ©*
•
"2
•o
*
*
’
r-T
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to
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405; Argentine
■
V* ’ *-*lQ
to
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.i-o
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—
—
WCtt
in
12
SS
§
OS
Republic, 17; British Possessions in Africa, 30; Dutch West
Indies, 25, &c. Values of cotton goods were steadily maintained, j
except on outside makes of bleached shirtings, which were some¬
what irregular.
Brown sheetings were in fair request by jobbers
and converters, and the supply of leading makes is by no means
excessive. Colored cottons were in moderate request and steady,
and grain bags continued in good demand.
Print cloths were
quiet but steady, on the basis of 3 ll-16c., cash, for extra 64x64s,
3fc., cash, for standards, and 3£c., cash, for 56x30a. The stock
of cloths now in the hands of manufacturers and speculators
approximates to 1,500,000 pieces, but printers are understood to
be carrying exceptionally light stocks of cloths.
Prints were
dull, as stated above, and Garner’s and Lodi prints were reduced
by agents. The production of dark prints has been greatly less¬
ened, but stocks in agents’ hands are still ample, if not excess¬
ive.
Ginghams were in good demand, and fancy dress goods
were moderately active.
Domestic Woolen Goods.—Men’s-wear woolens
skins were taken in small lots to a limited amount. Flannels met
with a fair distribution, by means of numerous small transactions,
but blankets remained sluggish.
Woolen and worsted dress
were
less active, and there was only
in felt and Balmoral
a
:
.
•
© ?2 S *2
o
• o o to
CO OS d
(J o T-l
2 S •»
^3 C
to
2!
•
os o
*
•
o
©
•
•
d
•
•
an
—
•
o
■»-©
t—
i
»•*
■
©
•©
r3
C5 tO CO *0
'OMNI-
hi
•
b74
$271,849
341
$133,789
do
do
do
Miscellaneous
456
4C6
128,612
336,275
102,016
161,201
386
250
531
209
88.805
202,673
eo ©
dry goods
447
433
1
2,776
Total..-
$999,953
n
IS!
do
do
do
Miscellaneous
cotton..
silk
flax
dry goods.
423
200
100
395
520
S70
145
115
368
153
$175,5S5
82,463
110,293
83,629
29,733
.
364
559
369
914
257
$127,129
125,721
521
122
91
518
286
$151,693
44.895
117,869
71,220
17,557
127,810
88,714
•
I
<o
t- OO TT l- O
SfsqSr1*?
os
S. . .t-co
O* CO
.
•d
—
•<-
*«f-
■
•©
:c
•
d
>
'
•o»eo(?>
•
d »- tt a>
•
c# at
27,340
$995,637
4,004 $1,087,214
235
$37,832
59.282
91
24,461
51,271
32,424
silk
do
do
flax
Miscellaneous dry goods.
72
273
37
73,255
79,764
19,097
-
45
144
13
11,984
fe®S<»oo
^
^
.
«
r{d
'-N«T-e*noio
d
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—
—
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.
•
.
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IH
.omtt
• as
•
.'tiJao»-'<},os«o;o>
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•
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.
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30,832
61,431
•
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23,314
$207,975
891
592,433
2,463
$269,503
659,512
5S«®fsS53
Total entered at the port. 8,691 $1,349,011
2,260
$800,408
3,354
$929,015
m
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03
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80
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395
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533
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1,727
915
a)
•
m
$343,058
999,953
Total
Add ent*d for consumpt’n 2,776
.
>
—
ENTERED FOR WAREHOUSING DURING SAME PERIOD.
$117,660
,tn
ao
B *
309
T-t
93,487
2.373
224
nTW
00®
70,952
Total thrown upon m’k’t. 4,414 $1,461,656
cotton..
OS
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to
t-
$200,044
35,879
1,541
2.463
do
-K?
'-l
‘
$659,512
$403,234
592,433
Manufactures of wool....
CO f-
tj.
o<s»
u
190,103
1,727
1.151
00
«-T» of
d
Value.
2,463
»>-OSt-l.
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^-1
O O JO
’
Cl co
$592,433
"•*
as
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o- to
$461,703
999,953
1,638
Total...
Add ent’d for consumpt’n 2,776
.MOIihOOOO
»
'
H C
WITHDRAWN FROM WAREHOUSE AND THROWN INTO THE MARKET DURING THE
SAMS PERIOD.
Manuf actureB of wool....
l
•
*
S3 ^
1
r* Is*
-£=>
co
-<
Pkirs.
93,380
73,786
>x>
at
mo
25, 1877.
*
©
S2S
■V d r—
K
:
ManufactureB of wool....
t—
-r © oo b* d os
co
•
•
.2
•
silk
flax
t—
•
:
Tt aS
o»
cotton..
'—
.co jo oo
-1877
—
ot'w
1875, have been
,
toct
oo
55 ®
,
-rto
Tf in
•mo
1
-r
moderate movement
1876
Value.
Pkge.
Os
—'VcT
«
rr\
The importations of dry goods at this port for the week, ending
Oct. 25, 1877, and for the corresponding weeks of 1876 and
.
KS
W
H
•
—
•
©
Importations of Dry Goods.
1875
Pkgi. Value.
r— go -- ao © os © © oo co o
‘CO©©??—rrCOTr-yiO
to
1C
to
oo'to
quiet in first hands and the
jobbing trade was light and unimportant. Messrs. Opdycke,
Terry & Steele (who are about retiring from busines ) disposed
of their entire stock of white goods and notions to one of the
large Broadway jobbers. Black cashmeres were in good demand
and ruled steady in price, but other descriptions of dress goods
moved slowly.
Silks were quiet, but trimming velvets were in
steady request and firm. Linen goods continued quiet, and white
goods, laces and embroideries were only in limited demand.
Men’s-wear woolens remained quiet with importers and jobbers.
follows
•
‘of
to
00
skirts, shawls and woolen hosiery.
ENTERED FOR OONBUMPTION FOR THE WEEK ENDING OCT.
© oo oo — csosoeo^coen—eo
TX
«oo
ei ao
Foreign Dry Goods have been
as
©<©©©
2?
vot5
ou r-
*ps
*o d
OS OO
-*«cs'‘©f
’ ’
X
have been
quiet in first hands, and jobber’s sales were not so large as could
be desired, owing, perhaps, to the continuance of unseasonably
warm weather.
Heavy cassimeres and suitings were taken in
small lots, and heavy worsteds were in less active demand.
Elysians and rough makes of overcoatings were in limited re¬
quest by jobbers and cloak manufacturers, and all-wool beavers
were in moderate demand, but cotton-warp beavers ruled quiet.
Cloakings continued fairly active, but repellents moved slowly.
Jeans and satinets were lightly dealt in. Black clo.lis and doe¬
goods
o8«OsgO
hi
toco
I 5
zl’ -JJ
S.
THE CHRONICLE.
27,1877.]
October
GUNNIES.—See report under Cotton.
tiENEBAIi
HAY—
North River shlnp’nar
PRICES CUftttENT
A«,f&7llC.t
rbadsTUFFS—3eespecial report.
building .uatekials-
4X4
2
8
28
1
hard,afloat..** M
Croton
Philadelphia....
Cement—Kosendaie.......... |
bbl.
23
UO
00
00
80
common....?! bbl.
lime— Rockland,
0
45 00
lumber—Pine,g’d to
18 'JO
Pine,shipping, box.........
• •
25
do tally boards, com.to
*t. 33 00
oak
”
33 00
Ash,good....
•
SO 00
• ••
Black walnut..
22
flppuce boards* planks,
16
Hemlock boards, each.... ........
30 00
Maple
*.••••
• V M. it*
ex.dry.?! M It.
<3
@
g’d,each.
0
0
a
Sails—10@60d.crm,fen.& sb.?i keg
Clinch, 1X to 8 in. & longer
Sdflne..:
..
.
Cutsplkes.allslzes
..
.......
...
7X2
dry.
Zinc, wh.,Amer. dry. No. 1
Zinc,wh., Amer.,No. 1,in oil.....
Paris white. Eng., gold....?! 100 lb.
Lead,wn„ Amer.,pure
BUTTER-A^o-lWholesale Prices)—
Dairies, palls, g’d to p’me State V lb.
West’nfact’y, tubs, g’d to ch’ce *
H’l flrk.,tubs,State, f’r to prime 44
Welsh tubs, State, com. to p’me “
CHEESE—
State factory, fair to choice
?»tb
Western factory, good to prime.. “
5
9
65
®
@
a
1 70
25
14
20
19
a
26
a
a
a
17
24
23
io
a
6
10
10X3
....
Grate...
....
Egg
....
....
Stove...
....
Ch’nut..
COFFEE—
•
...
$2 30@2
2 42@2
2 T7@i
2 f0@2
2 35@i
nx
BIO, ord. car. 60and
do fair,
do
do good,
do „
do prime,
do
Java, mats
2
2
3
2
90 days .gld.?t ib
gold. ••
Kold.
gold.
gold. 44
Native Ceylon
Mexican
Jamaica
Maracaibo
gold
gold.
gold,
gold.
Laguayra
gold
gold.
gold.
8t. Domingo
SavaniJla
Costa Rica
gold.
COPPER-
15*®
18X3
18*0
19X3
22
“
18X@
17X4
“
n a
13 X *
i6 @
“
44
“
?» lb.
Bolts
• •
Sheathing, new (over 12 oz;
Brazler8’(over 16 oz.)
American Ingot. Lake
4
Bicarb, soda,Newcastle.?! 100 ft 44
Blchro. potash...
?!ib cur.
\
Bleaching powder
?! 100 lb. “
Brimstone,crude, per ton
gold 21
?!»..cur.
Brimstone, Am. roll
00
12
Ginseng
Glycerine, American pure
Jalap
Licorice paste, Calabria
Licorice paste,Sicily
-..
“
-cur.
44
44
44
“
licorice paste,Spanish,solid., .gold
Madder, Dutch....
“
Madder,French, E.X.F.F
44
Nutgalls.hlue Aleppo
cur.
Oil vitriol (66 Brimstone)
44
i 12
20
24
40
25
26
„
a
0
®
@
@
0
&
0
@
4 75
pr.bbl. 20 00
Mackerel,No.2 Mass.shore
(new). 12 5)
FRUIT-61’ N°'2’Bay
Raisins,Seeaiess.
do
do
do
do
Layer,
....
501b.frail
new
Loose Muscatel, new
London layers
Valencia,
Currants, new
do
CantonGlnger.wh.& hf.pots.?!
8ardines, half box
5
case.
Domestic Dried—
Apple1, SDu;hern, sliced
4°
do
quarters
do
State, sliced
Peaches,
a
a
a
...
?! ft
$ n>
12*@
54
3 40
1 50
1 30
23
‘B*
7*
„
Ga.pritre & choice.
qT>-
5X®
8
a
Kl
S 50
2 15
8*
iV*
8 00
isx
IS*
14
Whortleberries
vi
/,**
‘g
6X
161X
«X
7*
15X
«
@
11X
&
13
a
41
38
41
36
@
@
@
@
....
....
33
....
@
@
@
@
@
@
?! lb.
40
....
43
46
60
53
2 25 @
2 37X®
2 25 @
2 50
2 50
33X®
84
30
11
12
Pecan
5
....
....
2 3?X
....
4 (0
5 CO
@
©
@
@
@
55
4X
li s
12X
12
8X@
10X
OIL CAKE—
City, thin oblong,bags, gold, ?! ton. 35 (0
Western, thin oblong (Dom.) cur 44 33 Ou
@
@ 81
CO*'
OILS—
Cotton seed, crude
Olive, in casks ?! gall
?! gal.
.©
r*
1 15
Linseed,casks and bbls.44
Menhaden, crude Sound
*•
Neatsioot, No. 1 to extra
44
Whale .bleached winter
44
Whale, crude Northern
44
Sperm, crude
44
Sperm, bleached winter
44
Lard oil. Noe. 1 and 2
“
58
•••
&
50
1 2J
60
45
90
&
C2
1 CS @
....@
54 @
16
10
do
••*••••••••••••••••••••
white.....’.
Naphtha, City, bhls
....@
**
44
44
36
15
SPIRITS—
Brandy, foreign brands
Rum—Jam.,4th proof
St. Croix, 3d proof
?! gall.
44
44
....
Gin
44
Whiskey, Scotch
•*
Irish
“
Alcohol
1 40
65
8%
19
....&
14X
.0
4 10
8
Pork, mess,spot...
Pork,extra prime
?! bbl. 14 30 @ 14 40
44
@
44
@13 00
15 00 @16(0
44
44
1 3 0U. @ 14 0U
89
©
15X
@
@
8 00
4 U0
3 2r>
4 CO
8 90
?! gall.
2 12 0
....0
1 13
a
Store Pricea.
English,ca8t,2d&lstquality ?fftgold
14
English, spring,2d & 1st quality, 4*
English bli8ter,2d& lstquality 44
English machinery
English German,2d & 1st quality 44
9
American blister
.cur.
American cast, Tool
American castspring
American machinery
American German spring......
ST7GARInferior to common
16
14X0
6X0
6*
14
0
9X@
10X0
iox
11X
....0
9
16
»
10
....0
...0
....0
..0
.
• • •
refining....' ?! ft.
refining
Prime
7*
....a
0
8 0
8X@
—.
t*
44
Centrifugal, Nos. 7@13...
8X0
5
Melado
Manila, sup. and ex. sup
Batavia. N os. ll’@12
Brazil, Nos. 9@11
Rafined—Hard, crushed
Hard, powdered
do granulateI
4 4
10X
1UK
IPX®
9*@
9%<a
4
**
9
44
9%
9*
9?6
@
9
8*0
8X@
4t
Other Yellow
Molasses sugars
10*
....@
44
4
8*
ll>x®
10X®
.-
Coffee, A. standard
S
9
8X@
"X®
4*
cut loaf
"
0
7X@
41
44
do
off A
White extra C
Extra Crto
&X
8X
6X
8X
9X
6X
....
14
Porto Ilico. refin., fair to prime
Boxes, c’ayed, Nos. 10@12
8
4*
sx
@
7X®
8K
TALLOW—
Prime city
Western
?> ft.
“
@
....
T1N-
gold.?!ft
Banca
Straits
44
Plates.I. C., coke
Plates.char.terne
TEA—
Hyson, Common to fair
do
Superior to fine
do
Extra fine to finest
5 50
6 00
@
@
6 0U
22
30
40
@
@
@
27
37
47
cur.?ift
@
26
@
40
@
57
82
@
@
32
@
45
0
62
@
85
@
23
@
40
@
52
@
20
23
@
Nominal.
21 @
2T
82 @
42
43 @
55
22 @
28
82 @
42
45 @
55
65 @
75
20 @
25
32 @
42
47 @
57
30
47
67
24
S7
52
65
23
32
44
13
21
Choicest
Sup.to fine
Ex. fine to finest
Extraflnetofinest
Hyson Skin.* Twan..com. to fair.
do
do
Sup.to fine
do
do
Ex.flneto finest
Uncolored Japan,Com. to lair
ao
Sup’rtotine
do
Ex.finetoflnest
Oolong, Common to talr,**,
do
Superior to fine
do
Ex flneto finest
do
Choicest
Souc.& Cong., Com. to fair..
Sup’rto fine
do
do
Ex.finetoflnest
TOBACCO—
Eng.wrappers’74-’75
fillers, ’74- 75
lots, *71-’75
do
• •
Pa. assorted
5
7
10
5
12
90
75
$n>
*‘
leaf,
Seed leaf—New
6 25
21
fair
Super.to flue
Ex.flneto finest.........
Choicest
Imperial, Com .to fair
Sun.to fine
do
do
16*
9
15*0
44
?ibxg d.
“
Gunpowder, com to fair
do
do
do
13
16
Nominal.
do
Choicest
Young Hyson,Com.to
do
do
do
17% 0
.
Yara, assorted.
fine
Manufac’d.in“ bond, black work
bright work........
0
0
@
@
ca
@
@
13X®
44
21
0
89
32
49
37
at
&
15
to
JX
25
95
1 15
21
44
....
West
Beef.extra mess, otw
Beef haTns.W. sum. cured
Bacon, City long clear
Hams.smoked
Lard, City steam,
....
44
?! ft
....
@17 50
44
13
44
@
8*3
ISX
....
RICE—
Carolina,old falrto new prime.?! ft.
Louisiana, new, lair to prime..
44
....
Rangoon, In bond
44
Patna, tx duty Dald
44
SALTTurk’sIsland
St. Martin
Liverpool .various sorts
r
6X®
6*
6X@
3X@
sx
30
?! sack.
6*
...,@
?! bush
<a
@
1 05 &
23
85
2 50
0
@
@
0
49
46
57
40
25
23 0
24 0
13 0
13 0
80 0
29 0
27 0
S5 0
26
22
17
£3
81
82.
80
17
A
1&
8
a
?*fl>
2
Pulled
20
No.l, Pulled
California. Spring ClipSuperior, unwashed....
Fair
Interior
Burry
South Am. Merinc,
unwashed
Cape Good Hope, unwashed
Texas, fine. Eastern
Clover,Western
.?! lb.
8*S0
8X@
@
Clover, New York State
...?! bush. .
ca 1*40
Timothy
Canary, Smyrna
@ 2 00
Canary, Sicily
@ 2 50
Canary, Dutch
@ 2 10
Hemp, foreign
1 50 @ 1 55
Flaxseed, American, rough.
@ 1 45
Linseed, Calcutta
?! 56 11.. gold
@ 2 00
Linseed, Bombay
?! Zi a gold
@
..
WOOLAmerican XX
American, Nos. I &
American, Combing
Extra,
8%<&
•
It»
...
<6
Havana, com. to
PROVISIONS—
15X
@
0
&
50
00
60
60
3
3
3
3
Whiskey
do
90
S5
■gold.
3 75 @ 17 00
Domestic liquors—Cash.
1 10
17X®
..
@
80 @
....@
15 @
stems.
Good
21
6
Cloves
do
12*
23
20
6X®
Calcutta
“
;. ?! gal.
....@
Batavia
Kentucky lugs, heavy,
PETROLEUMCrude, in hulk
Refined, standard
42
65
67
60
@
&
3
6 12 X
6 12X
22 X®
....@
IS @
English,refined
165 @
2 10X@
1 80 ®
2 50 @
4 50 @
@
@
12X®
8TKKL—
@
OAKUM—Navy,U.S. Navy & best ?! ft.
C&86S
?) ft,gold
Ginger, African
do
52
@
@
®
SE 8D8—
6
26
Plums, Sate
a
4
Pork, orlme mess,
Beel,family mess
5X®
5 @
5Xtt
Quarters
pared,
6 50
13
Barulne^, ?! quarter box
do
20
2 50
iV*
ti..'.
ii
43
33
40
Filherts, Sicily
Walnuts, Naples
.
@
16X3
g a
8X
Nominal.
French
12X3
12
15
13
'
Brazil
28
@
'
Macaroni, Italian
@
@
iox
?! ton. 13 TO
17 00
16 50
24(0
Almonds, Jordan shelled
28"
7X
5X
do
.
NUTS—
25*.
a 13 so
o
a
....®
a
37
Tar, Washington
?! bbl.
Tar, Wilmington
44
Pitch, city
44
Spirits turpentine
V gal.
Rosin,
strained to goodstrd.fl bbl.
44
low No. 1 to good No. 1
44
44
low No. 2 to good No. 2
44
44
low pale to extra pale.. 44
*•
window glass
44
21
25
<g 6 00
@ 12 00
&
Figs, layer
„
3 45
2 00
new.
Citron,Leghorn.....
Prunes, Turkish (new)
Ba*C8
1
Pepper, Batavia
do
Singapore
do
white...,
Uasslu, China Llgnea
Nutmegs, Batavia and Penang
Pimento, Jamaica
33
44
5 75
Mace
@
44
6 00
cur.
11X
40
Porto Rico
N. O., com. to prime
100 lb.gold.
common
15
s
3?X@
44
44
Foreign
1UX3
40
33
Barbadoes
Demerara
....
SPELTEK-
17X
:o
14
6
37X0 .8 50
None.
None.
4 50 @ 6 00
@ 5 12X
a
®
a
NAVAL STORES-
8*
6X
None.
per
18X®
&
Cuba, clayed
V gal.
Cuba, Mus.,refln.gr’ds,50test.
44
do
do
grocery grades.
44
12X
12X
None.
.
22
19
15
@
....
32"
d
•
Mackerel,No.1,M. shore
Mackerel, No. 1,-Bay..
60
"63
<9
Opium,Turkey ....(In bond), gold.
Prussiate potash,yellow, Am..cur.
Quicksilver
gold.
52X9
Quinine,
cur.
.«
so a
Rhubarb, China,good to pr.... “
Balsoda, Newcastle..?! 100 Tb, gold i 25 a
Shell Lac, 2d & 1st English..?! ft .cur.
21 &
Bodaasb
V 100 lb. gold 1 67X3
Sugar of lead, white,prime,?! ftcur.
Vitriol, blue,common
44
7X3
FISH—
Gr’dBk.4 George’s (new) cod.?! qtl.
4
6X®
5
19
2 00
4 00
24
00
1 40
6 27 50
a
26 X
®
0
a 4 25“
a
*•
Camphor refined
26
Castoroll.E.I.inhond. ?igal..goId.
SO
Caustic soda
?! 100 a
••
4 15
CUloratepotash..
“
”
19 00
6i @
Cuchlneal,Honduras, silver...
44
55 a
Cochineal, Mexican
'*
25 <2
Cream tartar, prime Am. & Fr.
“
cur.
Cuhebs, East India
8X®
Catch
gold.
oX@
Gambler.
75
22
30
87X3
00
3
70
30
28
30
18
@
a
®
Q
22"
21
MOLASSES—
17*9
18
26
21X3
44
44
3 20 (X)
@ 19 U0
@ 18 00
Pig, Scotcn....
@ 26 50
StOV6 P^'iczs
Bar, Swedes,ordinary sizes..?! ton.ISO 00 @132 50
Scroll
?»lb. 2 5-10®
5
Hoop, Xx.No.22tol&lXk-13&!4 “
5 @ 2 8-10
Sheet, Russia
..gold.^Tb
10X@
11
Sheet, single,double & treble.com.
3X@
4
Rail8, Amer., at Works..?! ton, cur. 33 00 @ 31 CO
Steel rails, at mill
@ 5 J 0J
LEADOrdinaryforeign
?) 100 lbs, gold 6 37X@ 6 40
Domestic, common..,,
cur. 4 25 ®
Bar (discount, 10 p. c.)
?! ft
7
@
Sheet
44
44
8
@
LEATHERHemlock.Buen, A’res,h.,m.&l.^ft.
22X®
25
44
California, h., m. & 1
22 @
24
44
common hide,h., m.&1....
22 @
24
44
rough
26 @
28
Slaughter crop
30 @
32
Oak, rough
27 @
31
Texas, crop
80 @
82
17
20
21
....®
....a
....a
COTTON—See special report.
DRUGS & DYESAlum.lump.Am
?! ft cur.
Argols, crude
gold.
Argols,refined
44
Arsenic,powdered
“
Six
®
■21X3
.
100 lb.
11H
....@
3
SPICES—
22X®
14
17
14
per
10X®
gold
44
SILK—
Usual reel Tsatless
Usual reel Tavsaams
Re-reeled Tsatlees
Re-reeled Cotngoun
Domestic,
23
®
Pig,American, No. 1
Pig, American,No.2
Pig, American, Forge
19X
19X
2 X
a
a
IROJN--
21
20
nx®
1?
5X
5*
21
Honduras, sheet
8H
52*
18X«
•*
00
00
00
44
44
14
Mexican, 8hpet
16*
a
do....
do....
...
Johnston.
|2 6j
50
55
90
42
do....
22
Esmaralda, pressed, strip
Guayaquil, pressed, strip
Panama strip
Carthagena, nressed
Nicaragua, sheet
Nicaragua, scrap
Sched.
Port
50
do....
00
@
.3
4 3
INDIA RUBBEKPara, coarse to fine
10 00® ll 00
Liverpool gae cannel
I8 00ai4 00
Liverpool house cannel
ANTHBACITE-Thej following will show prices at
last auction, or present schedule rate3:
Penn.
D.L.&W. D&H. P. & R. L. & W
Bt’mh...
44
44
44
Crop of 1376
Olds, all growths
COAL—
Auction.
Oct. 24.
Hoboken.
27U 00
7
Matamoras.
do
Dry Salted—Mara’bo.as they run44
Matamoras
do.,., cur.
Savanllla,
do.... gold
Wet Salted—Buen. Ay, selected “
Para,
44
do....
California,
do....
44
Texas,
do.... cur.
E. I. stock—Cal. kips, slaught. gold
Calcutta kips, dead green...
44
Calcutta, buffalo
44
HOPSCrop of 1877
?! lb.
9
paints—Ld.,wh.Am,pure. In oil V ft
,...?!n>
Corrientes,
Rio Grande,
Orinoco,
California,
28
&
&
18
@ 35 00
0 2 50
0 5 23
@ 4 75
@ 2 75
4 25
*•
...?»ft
pure
Crude
Nitrate soda
63
@215
@135
@210
@275
gold.205 00
Ayres,8elected. ?! ibgold
Montevideo,
do....
44
i 15
70 00
22 00
33
40 00
38 00
ft
130 00
HIDES—
Di'u—Buenos
@100 00
each
55
?! ton. 175 00
Italian
Manila
Sisal
Jute
....
@
a
Rockland. finishing................
Refined,
Russia,clean
@ 1 50
0 10 00
<3 27 00
SALTPETRE—
?! 100 lb
HEMP AND JUl'EAmerican dressed
American undressed
a
Bricks—Common
415
Texas, medium, Eastern
Smyrna.unwashed
^Sheet, Foreign
gold.
?! lb, gold, net
Domestic
freights-
—STBAM.—,
To Livsbpool:
Cotton
7X0
cur,
do
?! lb.
?! bbl.
Heavy goods. .?! ton.
Flour
Corn,b’lk & bgs. ?! bu.
Wheat,bulk* bags..
Beel
* tee.
Pork
?*bbl
8. d.
8.
d.
X05-16
(g3 9
&41 6
mxs...:.
10X4
3 6
SO 0
—
8,
8X
7*
SAIL •—->
». ti.
X comp.
2 9
25 0
w
@
52 ft
8**
9
•••
7 0
5 0
d.
82
(3
....
<9...,
....@
....
0....
•
•••A
.»»*
THE CHRONICLE
416
[Vol. XXV
Railroad Material &.c.
Steamships.
Insurance.
ONLY
North British and Mer¬
Direct Line
cantile Ins. Co.,
OF
EDINBURGH.
LONDON AND
INCORT ORATED
Cor. Pine, New York.
54 William St.,
Established
1866.
December,
$1,363,636 36
Called in and paid up Capital....
Reserve for all other liabilities, in¬
2,517,928 04
4,618,620 70
cluding re-insurance
Surplus and Reserve....
Net Fire
The General Trans-Atlantic Company’s
Mail Steamships,
Invested and Cash Fire Assets.$8,500,185
Subscribed Capital, for which the
Stockholders are personally lia¬
ble, not yet c )led in
$9,545,054
Reserve for total Liabilities, in¬
10
64
$780,518 04
986,755 49
cluding re-insurance, in the U.S.
surplus in the United States.
Net
YORK AND HAVRE.
Calling at Plymouth for the landing of Passengers.
The splendid vessels on this favorite route, for the
Continent—cabins provided with electric bells—will
sail from Pier No. 50 North River, foot of Morton st.,
NEW
BRANCH:
UNITED STATES
fOllOW8
FR aNCE,
&S
S.
AMERIQUE, Pouzolz
Wed., Nov. 14, 12 M.
PRICE OF PASSAGE IN GOLD (Including wine;:
To Havre—First cabin, $100; second cabin, $ 5; tnird
cabin, $35; steerage, $26—including wine, bedding and
utensils.
To Plymouth,
London or any railway station In
England—First cabin, $90 to $100, according to accom¬
modation ; second cabin, $05; third cabin, $35, steer¬
age, $27, Including everything as above.
Return tickets at very reduced rates, available
through England and France, steamers marked thus
Co.,
DE BEBIAN,
PITTSBURGH, PENN.
All business
relating to the Construction and Equip¬
ment of Railroads undertaken.
WM. BORDEN.
I*. N. LOVBIL
Borden &
COMMISSION
Company.
109
Duane
MERCHANTS
Novembers
MINING
BORDEN
Cumberland
from
and HAYT1.
St.^ New York,
AGENTS
mills,
Atlantic Co toil Mills.
Saratoga
NAILS, BANDS, HOOPS AND RODS.
OLD
COLONY STEAMBOAT COv,
FALL RIVER LINE STEAMERS.
W
NEW
R ope
e
1 r
STEEL AND CHARCOAL
Providence Line
PROVIDENCE
VIA
IRON of
HOISTING PURPOSES, in
dined
1
DIRECT.
Jvan’.zed Charcoal and BBfor
phips’ Rigging, Suspension
Night’s Rest.
Only 42 Miles of Rail.
Time, 60 Minutes.
’Bridges, Derrick Guys,Ferry
A large stock
hand from
which any desired length
are cut. FLAT STEEL AND
Ropes, &c.
constantly on
STEAMER,
NEW MAGNIFICENT
THE
IRON ROPES for Mining
purposes manufactured to
MASSACHUSETTS,
(‘fcThe Palace Steamer of the
Victory JJIfg Co.
George A. Clark & B ro.
RHODE
order.
JOHN W. MASON & CO.,
43 Broadway, New York.
World,”)
STEAMER,
Financial.
ISLAND,
(“The Queen of the Sound,”)
will, on and after MAY 7, leave (dally) from Pier 23,
N.B^footof Warren st., at 5 P. M., arriving at Provi¬
dence at 6 A.M., and Boston at 7 A.M. No inter¬
mediate landings between New York and Providence
Franz Herm. Abbes &
BREMEN,
SPECIAL
MANCHESTER
Works,
Locomotive
Koln Weclisler Sc
MANUFACTURERS OF
HELIX NEEDLES.
BROADWAY, NEW YORK.
MIL WARD’S
MANUFACTURERS OF
NEW YORK
Locomotives, Stationary Steam En¬
gines, and Tools,
W. G. MEANS,
Treasurer,
Superintendent
40 Water stieet, Boston
Manchester, N. H.
PHELPS,DODGE&Co
SUPEK-CA H BONATE
or
CLIFF
SODA.
MESSRS.
GERMANY.
PARTNER:
Commissions Bank.
CORRESPONDENTS:
SPEYER Sc CO.
MANCHESTER, N. H.
ARETAS BLOOD,
John Dwight & Co..
Co
BANKERS,
Railroad Material, &c.
[<•£©)
Planes, Transmission
Also Gah
lof Power, &c.
A Whole
AND
W. DAYT«»n, 2jo Chestnut Street.
superior quality,
suitable for MINING AND
BOSTON,
AND THE WORLD-RENOWNED
HOSIERY, SHIRTS and DRAWERS.
NEW YORK.
BOSTON,
43 & 45 White Street.
15Chauncsy St.
PHILADELPHIA,
coals.
FALL RIVER IRON WORKS COM’Y
E O It
Washington Mill*, Chicopee Mfg Co..
.Burlington Woolen Co.,
COMPANY,
No. 58 Wall Street
Street.
E.R.Mudge, Savvy er&Co
Lovell,
'AGENTS FOR
November 29
For HAY'II, COLOMBIA, ISTHMUS OF PANAMA,
and SOUTH PACIFIC PORTS (Via AspinwaU),
ETNA
October 27
ANDES
November 13
Superior first-class passenger accommodation*
PIM, FOR WOOD & CO., Agents,
•
TO
supply all Widths and Colors always in stock.
400
THE
Edgar Thompson Steel Co. (Limited),
Atlas Mail Line.
Also, Agents
J
AND
70 & 71 West
THE
States Bunting
Company,
JOHNSTOWN, PENN.,
FELTING DUCK, CAR COYER
1NG, BAGGING. RAVENS DUCK, SAIL TWINES
&C. “ ONTARIO” SEAMLESS BAGS,
‘‘AWNING STRIPES.”
Ellerton New
Iron
Agent, 55 Broadway.
And all kinds of
OTTON CA NVAt,
No.
Cambria
CLAR1BEL
COTTONSAILDUCK
1 full
Buy and sell Railroad Investment Securities. ColCoupons and Dividends. Negotiate Loans and
draw Bills of Exchange on London.
Agents for the sale of STEEL RAILS made by the
ect
freight
Pier No. M, North River.
For KINGSTON (Jam.)
ATLAS
^
Manufacturers and Dealers in
United
New York.
do not carry steerage passengers.
I or passage and
apply to
LOUIS
Co.,
MERCHANTS,
41 CEDAR, COR. WILLIAM. ST/,
Wed., Nov. 7, 7 A. M.
Filet-class, full-powered, Iron screw steamers,
&
BANKERS AND
BI-MONTHLY SERVICE TO JAMAICA, HAYT1,
COLOMBIA and ASP1NWALL, and to PANAMA and
SOUTH PACIFIC PORTS (via Aspinwall.)
Brinckerhoff, Turner
Kennedy &
Wed., Oct. 31.1 P. M.
Trudelle
Managers.
Commercial Cards.
S.
.
*
CANADA. Frangeul
*
| ,767,276 53
The above does not Include the Life and Annuity
Funds, which, by act of Parliament, are in a distinct
and separate department, for which the surplus and
reserve of the hire Insurance Department, named
above, are not liable.
HAS. E. WHITE,
SAM. P. BLADGEN,
Fire Assets held in the U.
France.
BETWEEN
1809.
IN
to
J
Between John and
20
United States Trus Co.t
OF
STREET,
No.
New York.
Fulton,
Exchange Place.
WALL
49
STREET.
§4,000,000.
Capital and Surplus,
No. 11 OU1 Slip, New York.
The joDoing Trade ONLY Supplied
NEW YORK,
legal depository for moneys paid
authorized to act as guardian or re¬
This Company is a
IMPORTERS AND DEALERS IN
o
Court, and is
ceiver of estates.
Olyphant
COMMISSION
& Co.
MERCHANTS,
Represented by
OLYPHANT Sc Co., of
ISAAC
SUPERIOR GINGHAM
EX. QUAL.
LEVANTINE SILK
TIN,
RUSSIA
KINDS.
SHEET IRON,
LEAD,
SHEET
ZINC,
COPPER,
Spelter, Solder, Antimony, Ice.
UMBRELLAS.
-GOOD >ILK
PATENTED GUANA CO
PIG
SIZES AND
CHARCOAL AND COMMON SHEET IRON
China,
Wall St., New York.
SMITH’S
Roofing Plates,
OF ALL
Hong Kong, Shanghai, Foochow &
Canton, China.
104
Tin &
*! t
;>£
2 00
5 00
BRASS AND
Allowed on
Deposits,
and withdrawn after
entitled to Interest fer
the whole time they may remain with the Company.
Executors, Administrators or Trustees of Estate*
and Females unaccustomed, to the transaction of
business, as well as Religious and Benevolent Institu¬
tions, will
find this Company a
convenient depository
for money.
,
TRUSTEES:
JOHN A. STEWART, President.
WILLIAM H. MACY, 1 vlce.Presi(ientfl.
JOHN J. CISCO,
WILLIAM DAuROW, Secretary.
LV_
MANUFACTURERS OF
COPPER,
Interests
which may be made at any time
five days’ notice, and maybe
WiEE.
JAMES CLARK, Ass’t Secretary.
@FedFRASER