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HUNT'S MERCHANTS' MAGAZINE.

REPRESENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OF THE UNITED STATES

VOL

NEW

25.

Financial.

THE

M. K. Jesup, Paton & Co.

(INCORPORATED NOVEMBER,

OFFICE, No.

WALL

1

1859.)

STREET,

NEW YORE.
ENGRAVEHS OF THE

Act as agents for Corporations

ESQRATISO AJTD PBraTINQ Or

Coupons and Dividends, and
Dividend*, Coupons and

ta the highest style of the art with epeeial ta/4guartlt devised and patented, to prevent counter-

—

&

J. H. VAN ANTWERP, Pres't.
J. .'IACiionoi i;il, Vlcc-Pres'U

Asa

Sam'l Phillips, Cashier.

Maverick National Bank
ROSTO

N
$400,000
200,000

Surplus,

Special attention (riven to COLLECTIONS, and
prompt remittances made on day of payment.
Boiton business paper discounted. Correspondence

Tiled.

Kountze Brothers,

NATIONAL RANK OF SCOTLAND.
ALSO,

R. T. Wilson
BANKERS
2

Time and Sight

also,

BANK OK LONDON.

Co.,

MERCHANTS

COMMISSION

EXCHANGE COURT.

Bills

parts of the

all

on the

ONION

Cable Transfers made.

R. A. Lancaster

Liverpool and London.

Government

Securities, Gold. Stocks

and llonds

LOANH NEGOTIATED.
Accounts received and Interest allowed on balances
fhteJl may be checked for at. sight.

Henry

King

S.

6c

Grant

6c

Co.,

46 Pall .Mill London, England.
CIRCULAR SOTKS free of charge, available
,

Issue

In all parts of the world.

COMMERCIAL CREDITS

Grant

for use against

Consignments of Merchandise,

KING, RAILL1E A

all

Points.

CO., Liverpool.

NEW YORK CORRESPONDENTS,
.He»ri,

Charles G. Johnsen,

3.

it.

ham;.

WARD, CAMPBELL A
J.

UCKOSTLER.

O. T.

CO.

DKALEI1B IN SPECIE AND UNITED STATES
It
1'IES. Buy and sell Stocks, Bonds, and Got

ORLEANS,

1

for cash or on margin.
orders fur Investments.

LA

Sotdam Gbakt.

G. St. Johw»8b-»fim».

Greenebaum
18

Bros. 6c Co.
BANKERS,
Wall Street, New York.

CHICAGO HOUSE: HENRY GREENEBAUM*

CO.

Transact a General Banking business sell Drafts on
all cities of Europe, ano Issue Letters of Credit for
Travelers, available everywhere.
;

Purchase and sale of Government Bonds, Municipal
oilier Investment securities
Special attention given to collections throughout
Europe and the United states.

and

Dickinson, Waller

6c

Co.

BANKERS AND BROKERS,

RROAD STREET,

Transact a general Banking Business. Buy and Sell

on Commission Stocks, Bond and Oold.
Having been Identified with California Interests, and
having a connection In San Francisco, are prepared
to

buy and

sell

on commission

all

stocks dealt In on

matlon respecting the same.

Adolph Bcissevain 6c Co.

BANKERS
AND

COMMISSION MERCHANTS,
AMSTERDAM, HOLLAND.

KVXHXZMtl.NDT.

Haar 6c Co.,
AND BROKERS,
HANKERS
BANKER,
45 WALL STREET.

160 GKAVIER STREET

WALL STREET.

TRANSACT A GENERAL BANKING Bll SLNESS
STOCKS BOUGHT AND SOLD ON COMMISSION
INTEREST ALLOWED ON DEPOSITS.

Receive Deposit

General London and Foreign Banking Business.

specialty.

Loans Negotiated.

MtiieCHA.Vr A.\D

Collections on

Company,

the San Francisco Stock Exchange, and to give Infor

Execute Orders on the London Stock Exchange.

Make

6c

BANKERS AND BROKERS,

33

.No.

25

Bought and Bold on ComraUelon.
VIRGINIA STATE AND RAILROAD SKOUltlTItS

E «

RAILROAD SECURITIES.

Co.,

and Current Accounts on favorable terms, and do a

N

SPECIAL ATTENTION GIVEN TO THE NEGOTIA
TION OF

Howakd C. Dickinson,
Platt K. Dionxscer,
Member of Stock Exch'ge. Member of stock Excb'ge
John II. Wallsb.

Bought and Sold on Commission, and

BANKERS AND BROKERS,
06 Broadway, New York.
SOUTHERN AND MISCKLLANKOUS SECURITIES
A

York.

CABLE TRANSFER?.

RANKERS,

Letters of Credit, available In

world;

AND

5c

Liberal cash edvarces made on consignments of
Cotton and Tobacco to our address; also to ourtrlenci

WALL STREET, NEW YORK,

lane

FEED. A. BKOWX.

34 Pine Street,

K.

CABLE TRANSFERS AND LF.TTERS.OF CREDIT

BANKERS,
12

&

Stuart

BELFAST, IRELAND;
AND ON TnE

In

Capital,

BROWN.

RANKERS,
New

and

MANCHESTER A COUNTY RANK,
"LIMITED";
JOHN STUART A CO., Rankers,
MANCHESTER, PAYABLE IN LONDON;
ULSTER RANKING COMPANY,

Treasurer.
IRltlKIl, Secretary.

P. I'ottbb, Prcst.

U.

Walston H. Brown 6cBro.

BILLS OF EXCHANGE ON
sill III. PAYNE A SUITE'S,

SHEPARD,
<

collected

Co.,
J.
33 NASSAU STREET.

J.

Communications may be addreeeed to thit

Company in any language,

I>.

WALSTON

also as Transfer Agents.

Interest

Day,

6c

No. 10 Wall Street.

Receive deposits subject to check at sight and
allow interest on balances.
Issue Certificates of
Deposit available in all parts of the United States and
Canada. Buy and Sell, on Commission, Gold. Government llonds, Investment and other Securities. Offer
facilities to parties desiring to Buy or Sell Railway
and other Shares, either cash or ou time contracts.

BANKERS, LONDON;

alterations.

This Company engraves and prints bonds, postage
stamps and paper money for various foreign
Governments and Banking Institutions South
American, European, West India Islands, Japan, &c.

A.

in paying Interest

Gwynne
[Established ISM.]

rem itted.

BANK-NOTES, STATE AND RAILROAD BONDS,
POSTAGE AND REVENUE STAMPS,
CERTIFICATES, DRAFTS, DILLS OF EXCHANGE,
AND COMMERCIAL PAPERS,

JNO. E.

voick.

Draw Exchange on Union Bank of London.
Accounts and Agencies of Banks, Bankers and Mer*
cantlle Firms received upon favorable terms.
Bonds, Stocks, Commercial Paper, Gold, 4c, bought
and sold on Commission.

Halted States Bonds, Notes, Currency
and National Bank Notes.

and

m;u

644.

Financial.

No. 52 William Street,

Co.,

NO

27, 1877.

Financial.

National Bank-Note

feiting

YORK, OCTOBER

Spiclal attention paid to

ORDERS EXECUTED AT THE PHILADELPHIA
AND BOSTON STOCK EXCHANGES

H. Y. Cor.-espondents.-M cssrs.

G. Amsinck
ISO Pearl Street,

BLAKE BROS, a CO.

6c

Co.,

New York.

AOINTB FOX TBS

LONDON AND HAN8BATIC BANK,
CLixitxd).-L0ND0».

THE CHRONICLR

11

Insurance.

Insurance.

NEW YORK

34tli Year.

Insurance.

OFFICE OF THE

|

Mutual Insurance Co.,

ATLANTIC

WILLIAM

No. 61

NEW ENGLAND
MUTUAL, LIFE
Insurance Company,.

ST.

ORGANIZED AS A STOCK COMPANY 1T98.

Mutual Insurance Co.

POST OFFICE SQUARE,

STOCK PAID OFF AND MUTUAL PLAN
ADOPTED 1861.

BOSTON.
(Organized December

ASSETS, January 1,1§77, $797,517 01.

Raw You,

Jsrmsrj

84, 1877.

The Trustees, In conformity to the Charter of the
Company, submit the following Statement of it*
on the Slat Deoember, 1876:
Premium! received on Marine Rlaki
from lit January, 1878, to 81st De•4,928,117 88

Premlnmi on Pol lciea not marked
1st

oft

January, 1878

8,172.280 07

Total amount of Marine Premiums

No

.

$7,101,467 73

.

Policies have been Issued upon Life

Risks, nor

Charles Lamson,
Henry C. Hurlbert,

Israel Corse,

JOHN

upon Fire disconnected

ary, 1818. to 81st

off

from

December, 1876.... f 5,081,096

M

paid daring the
same period
•1,866,183 48
Returns of Premiums and
Expenses.. $1,088,410 86
Losses

367,000 00

ORIENT
Mutual Insurance

865.01S 74
$16,694,867 81

Co.

New

York, 20th January,

The following Statement of the

Company on

on and

after

certificates of the Issue of 1878
be redeemed and paid to the holders thereof, or

on and after Tuesday,
too 6tb of February next, from which date all Inter
thereon will cease.
The certificates to be produced at the time of payment, and canceled. Upoa
Certificates which were issued for gold premiums,
the paymtat of Interest and redemption will be) ia
gold.
flit

Premiumsuneamed3l9tDec.,1876....

is

pub-

of

its

$233,785 99

ending 31st December, 1876
Total

JMTldend of Forty per Cent.

Is de-

elared on the net earned premiums of the Company
for the year ending 81st December, 1870, for which
eertiflcates will be issued on «ad after Tuesday, the

$963,151 82

$767,236 10
468,476 SB

Re-insurance and return premiums

115,946 71

...

ASSETS,
DlCEXBXB,

Cashin Banks

126,078 58

$4 ef April next.

Real Estate

178,019 98

[

Subscription Notes, Bills Receivable

order of the Board,

458 891

Unsettled accounts

By

IBl'ITEEJi
.

B. H. Moore,

j

,;-

William H. Webb,
Francis Skiddy,
Adolph Lemoyne,
es H. M arshall,
rt

•'

erlck Chauncey,

,

Beckett,
J

Corliss,
JB Bryce,

Charles P. Burdetu/
Alexander V. Blake,
Robert B.
In turn.
Q corge W. Lane, James G. DeForelL
diaries D. Leveilck,

M

L. Stuart,

nd W.
ET.

'William B. Dodge,

Thomas F. Young*
John D. Hewlett,

C. A. Hand,

El

James Low,
Gordon W. Btlftham,
William Sturgls,

•

Horace Gray,
John Elliott,
William R. Fogg

Peter V. Slogv
4".

D. JONES, President.

CHARLES DENNIS, Vice-Frcslahrt,
W. H. H. MOORE, 3d VUe-Preaideiai
A. A. RAVEN, 3d Yloe-Pre£i*u»fc

ALL ENDOWMENT POLICIES
AND

APPROVED CLAIMS
™»

»•

IN 18

7 7

DISCOUNTED

»«

4

ON PRESENTATION.
JAMES BUELL,
PRESIDENT,
-

-

MIDDLE DEPARTMENTDREXEL III riLDING,

OFFICE

Corner Wall and Broad Streets.

HENRY

U

\V.

BALDWIN,

ORGANIZED APRILlZTf

28 164 11

1842

$1,6*7,817 IS

CHARLES IRVING,

Secretary,

TBTJSIEES:

fUwiM Curtis,
'

ASSETS, $4,827,176 S2.
SI'KPMIS, $820,000.
EVERY APPROVED FORM OF POLICY ISSUED
ON MOST FAVORABLE TERMS.

order of she Board,

** Chillis IJSDtls,

Charles H. Russell,
David Lane,
Daniel 8. Miller,
Joslah O. Low,
Royal Phelps,

TOItK

Superintendent.

and Uncollected Premiums

SecretwT.

Total amount of Assets

V

NEW

201, 262, 283 Kit O YD WAV.
ORGANIZED 1850.

$956,140 31
$38,528 12

'

Company,

-

1876.

Stocks of Corporations

I D. Jones,

Actuary..

STATE S

MATURING

Earned premiums of the year
Losses and expenses.

United States Stock

•'.

D.,

Insurance

759,865 88

Premiums

81st

CHAPMAN,

M.

Medical Examiner.

1877.

charter:

their legal representatives,

J. a.

JOHN HOMANS,

Net Premiums received during the year

The outstanding

\

EVENS, President.
W. G. JIcKOWN,
Ass't Sec
W. C. WRIGHT,

F. Si

Secretary.

affairs of tills

the 31st day of December, 1876,

lished in conformity with the provisions

Tuesday, the 6th of February next.

By

BENJ.

JOSEPH M. GIBBEN9,

IN THE CITr OF

1,812,604 38

. .

thereof, or their legal representatives,

j

(luring the past thirty-three
years, apply at the office of the Company, or of
Agents in any city or town of importance.

u NITED

OFFICE OF THE

402,8 50 19

the outstanding
Certificates of profits will be paid to the holders

A

Company's operations

1,779,800 00

Six per cent. Inters at on

will

Jr., Vice-Pres't.

Secretary.

THE

wise
Real Estate and Bonds and Mortgagee
Interest and sundry Notes and Claims

Total-amount of Asset*...

Jr.,

For the convenience of its customers, this Company has made arrangements to issue Policies and
Certificates payable in London, at the bankinghouse of Messrs. DENNISTOUN, CROSS & CO.

The Company has the following Assets, via.!
United States and State of New York
Stock, City, Bank and other stocks. $11,068,700 00
Loans secured by Stocks and other-

dne the Company, estimated St
Premium Botes and Bills Receivable
Cashln Bank
A

1st. The adoption and continuance of a thoroughly adequate rate of premium.
2d. The maintenance of an ample reserved fund.
The market price of the securities of which the
fund is composed is $340,700 80 over the cost
on the Company's ledger. This item is not availed
of in the capital as above presented.
For pamphlets and rep>>rts giving a history of the

H. C. Von PoBt.

BLEECKER,

B.

577,857 50

$13,293,163 81

FEATURES OF THE COMPANY.

Wetmore,

S,

Rich'd Irvin,

EDWARD LARAQUE,

let Janu-

$13,871,040 81
.

Commonwealth.

H. LYELL, President.

THEO.

1817

1,

iu distributed.

As a Rk-Lvsuranck Fund for the protection of
policy-holders, in accordance with the law of this

Francis Hathaway,
Lloyd Aspinwall,
E. p. Fabbrl,
George Mosle,
Gerhard Jausscn,

Jacob

to

1, 1843.)

Leaving

Stephen Johnson,
Arthur Leary,
Henry Meyer,
Edward H. R. Lyman,
E. V. Thcbaud,
John H. Earle,
L. Bayard Smith,

with Marine Risk*.

Premiums marked

Deduct surplus

Policy-Holders.

TRUSTEES:

cember, 1878

Net Assets, January

AU the Profits are now Divided among

affairs

XXV.

Vol,.

George Mosle,

Edward F. Davison,
Henry De B. Routh,
E. H. R. Lyman,
Henry B. Kunhardt,

Hugh

Auchincloss,

Lawrence Wells,
William Pohlmann,
Charles Lfiling,
Alex'r Hamilton,
Constantin Menelas,
Carl L. Recknagel,

W.

Alex. M. Lawrence,
Fred'k G. Foster,
John D. Dix,
Charles Munalsger,
Walter Watson,
Ernesto G. Fabbri,

Henry E. Sprague,
John Welsh, Jr.,
James Brown,

Ramsay Crooks,

Guatav Schwab,
George H. Morgan.

S.

EUGENE DUTTLH, President
ALFRED OGDEN, Vice-President

ANTON METZ,

OAf TERMS

Secretary.

Assistant Secretary.

.

(

AS FAVORABLE ASTHOSEOFANYOTHERCtt.

-ASHXSSETSoWR$80.000.000.
Financial.
J.

Wilson,

F. Conslnery,

F.S.WINSTON.PRESIDENT

LIFE Mb ENDOWMENT POLICIES

C. L. F. Rose,

Wm.

CHARLES IRVING,

i,

UE S ErtRY APPROVED DESCRIPTION

Theodore J. Rail
Theodore Fachirl

F. Cary, Jr.,
Carl Vietor,

Arthur B. Graves,

ls S

Alden Gaylord,
33 Wall

St.,

New

York,

DEALER IX

ST.

LOUIS CITY & COUNTY BONDS
AND ALL CLASSES OF

INVESTMENT & MISCELLANEOUS SECU7:iTIK9
Refers by permission to W. S. Nichols & Co., Hankers

ISAAC SMITH'S UMBRELLAS.
SUPERIOR GINGHAM
GOOD SILK
PATENTED GTJANACO
EX. QUAL. LEYASTINE SILK

fir(K)

2f3>
2 00

5.W

October

27,

1

877.

THE CHRONICLE

|

Southern Bankers.
nil BANK OF 1IOW8TON,

Boston Bankers.
Holt,
Oeoeoe
Member N. Y. Stock Exchange

Obo. Wm. Ballot;.

II.

I

III:

Capital, $500,000,

<*eo.W.ii.Ballou&Co Houston,
We
irlve special

8

New

ST.,

on

attention to collection*

acces-

all

Hotts. Roh't Brewster.
B. P. VVKKMs, Oastaler.

BENJ. A. BOTTS,

P. 0.

Box

Co.,

BANKERS,
No. 35

J

A

'I

i:

HUNTER

s

26 Pine

Street,

York,

CONGRESS STREET,
Boston, mass.

Kelly ds Co.,

Rkfbrenoes.— Henry Talmadgc

Commercial

New York; Southern

8. B. Burrubs, Pres't.

• aper.
Orders executed on Commission at Brokers

No.

Board

A. K. Wa/lxib, Cashier.

WILIUNUTON,

Investment Securities constantly on hand.

ollections

made on

and Eugene

Co.,

&,

Bank, Savannah, Ga

Bank,

National

First

Auctions, and Private Sale.

all

43 PINB 8TRBET, NBW YORK.
KMtabli«licd 26 Years.

|&

Every MONDAY and THURSDAY,
OR SPECIAL SALES MADE ON ALL OTHER DAYS

CO.,

A

New

Brokers and Dealers In Southern Securities. Loans
Negotiated. Advances made on Securities placed In
our bands for sale at current rates.

Dealers in Stocks, Bonds, Gold and

BANKERS AND BROKERS
STOCKS AND BONDS

Savannah, Georgia,

81.

AND

&

STOCK AUCTIONEERS,

REGULAR AUCTION SALES OP

James Hunter,

Municipal Bonds.

& Co.

Albert H. Nicolay

Pres't.

BANKERS AND DEALERS IN

Brewster, Basset

Financial.

DiRKOTORs.— Benjamin A. Botts. Pres't: C. 8. Longcope, W. .1. Hut :blns. K. A. Kiev, CO. Baldwin, W. B.

Boston,

York,

Texas.

sible points.

W DEVONSHIRE

WALL STREET,

Ul

N. C.

parts of the United States

Our

established

custom twenty-five years.

Government Securities and Gold, .also Stocks and
Jonds, bought and sold at tbe Stock Exchange: boards
of New York, Boston, Philadelphia, Baltimore and
San Francisco, and at private sale.
Stocks and Bonds not dealt in at the New York
Stock Exchange aur specialty for many years.

We Ray and Sell

on Commission,

Choice Municipal,
7, 8 and 10 per cent,
City, County. Town.
School and State Bonds,
Insurance and Bank Stocks,
Railroad Bonds,
City Railroad Stocks and Bonds,
Gaslight Stocks and Bonds.
Trust Companies, Telegraph
Express, Mining and Manufacturing Stocks
Interest Coupons and Dividends collected.
Interest allowed on Deposits,
subject to Drafts payable at sight*

Chas. A. Sweet

Co.,

8c

BANKERS,

DEALERS IN GOVERNMENT SECURITIES, Gold,
% tate. City, County and Railroad Bonds.

BANKEP.S,

18

&

&

Western City

SOUTHERN SECURITIES

&

Wilson, Colston

N. Y .

and

a

........

Austin,

2,500,000

CORRESPONDENTS:

LONDON
NEW YORK

Smitii, Payns ft Smiths.
The Bank of New Yoik, N.B. A

PHILADELPHIA.

The Bank of New York, N. B. A., Is prepared to lBsne
Telegraphic Transfers, Letters of Credit and Drafts
on The Nevada Bank of San Francisco.

Orders in stocks and Bonds promptly executed at
toe Philadelphia and New fork Boards.

TEi

BROKER,
ST.),

Anglo-Californian Bank

Southern Bankers.

(LIMITED).
Taos.

p.

miller, r s. wil-liaxs, jno. w. miller

Thos. P. Miller

&

Co.,

BANKERS,
1QOBILE, ALABAIWA.
Special attention paid to collections, with prompt
remittance* at current rates of exchange on day of
payment.

Corre»pondents.— Qermau American
STork ; Loalslana National Bank,
af Liverpool, Liverpool

New

Bunk,

Orleans

;

New

Bank

W. House,

T.
HAIN

ST.,

HOUSTON, TEXAS.

«oW, Silver and

Seiisman

Authorized Capital, •
Paid-up and Reserve,

$6,000,000.
1,55 0,000.

200 middle

Negotiable Securities.

•

And

0. F. I'knzel,
President.

(

STATE BANK,

(Incorporated

)

lfiiS. )

Dealers In Governments, Coin,

chants, for duties.
Bonds and Securities of every description bought
and sold on Commission Orders, wMch have direct
personal attention.
Especial attention Is given '.o Investmsnt Securities
of the higher grades, quotations for which are furnished as required.
solicited

George Eustis

to

all

&

Leonard,

business In our line.

a Co

BANKING

G.

II

:

B A N K EBB.

DALLAS, TEXAS.
•Tew York Correspondent

.Moody

Brothers

&

Co.,

BANKERS,
47 "Wall Street, New York.
ISAAC SMITH'S UMBRELLAS.
SI'I'EIilOR GINGHAM
PATENTED GUANACO
t-S., QUAL, LEVANTINE SILK

(1 00

G01ID8I.K

&

Jamison.

OV

W. Norton &
CASH CAPITAL

Co.,

«300,000.,

KENTUCKY.

F. Keleher

&

Co.,

BANKERS AND BROKERS,
No. SOS Olive Street,
ST. Mil is MO.,
Buy and sell Government, State, County, Township
and Municipal Bonds. Coupons collected. Missouri
Bonds a specialty. Foreign exchange bought and sold.

Financial.

McKim

Co.,

CINCINNATI, OHIO.

STATES AND EUROPE.

Adams

&

BROKER!

P.

$75,000.
20,000.

N. Y. Correspondents, Donnell. Lawson

HID.

IIAI.IIJIOIli:,

Purchase and sell Governments and Coin.
Gold constantly kept on hand for the supply of Mer-

Savings Bank,

Surplus
Prompt attention given

dc

Investment Securities,
32 SOUTH STREET,

I.onsvil.l.lv,

(Paid-in)

Sons,

Opposite Second St.

C. T. Walekb
Cashier.

LITTLE ROCK, ARK.

B«TS AND SELLS EXCHANGE ON ALL THE
PRINCIPAL CITIES OF THE UNITED

&

Fisher
BANKERS,

Co.

Cashier.

'.

SI ATE.

Wm.

)

CAPITAL

COLLECTIONS MADE TlIROUQHOtJl TBE

&

FRKD'K F. LOW,
„„.„„.
1GNATZ STKlNHART,{ Mana86r "'

LILIENTHAL.

Street,

Dealers In Government, State, County, City and Railroad Bonds, Bank Stocks, Ac.
Desirable Investment Securities constantly on hand

Transact a general Banking business. Issue Com
merclal Credits and Bills of Exchange, available In all
parts of the world. Collections and orders for Bonds
Stacks, etc.. executed upon the most favorable terms

German

DEALER IN

St

NEW YORK Agents, J. & W.

P. N.

BANKER,
41

&

Swan Barrett,
BANKERS AND BROKERS,

Correspondence

LONDON, Bead Office, 3 Angel Court.
SAN FRANCISCO Office, 432 California

-

and Coupons

Investors or
dealers wishing to buy or sell arc Invited to communicate with us.
Member of the New York S tock Exchange.

PORTLAND, MAINE,

President.
J. C. FLOOD, Vice-President.
C. T. CHRISTENSEN, Cashier.

('o.

203 WALNUT PLACE (316 WALNUT

A SPECIALTY.
State, Municipal and Hallway Bonds
at best market rate*.

lie-

LOUIS MoLANE,

Information fur.

City.

bought and sold

SAN FRANCISCO, (AL.
Reserve,

Correspondents— McKtm Brothers &

Bell
J.
8TOCK

and

Especial attention given to Collections,
omittances promptly made.

Capital, fully paid In coin, $10,000,000

VIRGINIA SECURITIES

solicited

A. J. WILLIAMS, Vlce-Pres't.
G. COLLINS, Cashier.

CORRESPONDENTS.
New Toek— Tradesmen's National Bank.
San Francisco— Wells, Fargo A Oo.'s Bank.

specialty.

Correspondence
Ashed.

-

-

.

EBERT, Pres't.

Co.,

BALTIMORE.
and

-

OP SAN FRANCISCO,

BANKERS AND BROKERS,

.MVESTMENT

-

The Nevada Bank

Baltimore Bankers.

Manning,

185,000

8.

and

B.

BANKER AND BROKER,
No. 14 Wall Street, New York

F. J.

DEVONSHIRE STREET
BOSTON,

Boy and Sell
County Bonds.
Phila.

Stackpole,

John

DENVER, COLORADO.
T~« . . $250,000
Capital Stock,
Capital Paid-in,

Parker

ON HAND, FOR SALE AT THE
LOWEST MARKET RATES.

.Banker*.

Exchange Bank,

STATE STREET, BOSTON.

40

FIRST-CLASS INVESTMENT SECintlTIES

Western

,

KM
* 00
tW

John Hickling

&

Co.,

BANKERS AND BROKERS,

62 Broadway and 21 New St., N. T.
DEALERS IN STOCKS, BONDS AND GOLD,
Stosks bought and sold on margins at the New Tort
Stoak Exchange. Careful attention said to oat-ef
town orders. Correspondence solicits*.
,

5HE CHRONICLE

IV

CITY RAILROAD STOCKS & BONDS

NASSAU

No. 5

Hilmers

,

J.

E. S. Gilley.
bpeclal

Nelson Tappan,

McGowa n & Co

Special attention paid to the negetlatlon of

merclal

&

Beers, Jr.,

Brooklyn

Geo. H. Prentiss,
30

23.

A

Price, *2 00.
272 Pages
These volumes form an elaborate and complete
on all departments of Railroad Accounts,
with a description of the methods of discovering and
Sreventlng Irregularities by those through whose
andB the receipts and disbursements pass.
Published and for sale by
i

treatise

THE RAILROAD GAZETTE,
73 Broadway, New

Investments

Ct.

.WALL STREET, NEW YORK,

First-Class Investment Securities,
CITY BONDS OF ALL KINDS,
Railroad Bombs and Southern Securities of
Descriptions.

AI.I.

MISSOURI

BALLOT/,
New York.

Mississippi Central Bonds.

New Orleans Jackson & Great Northern
New Jersey Midland Bonds.
New York & Oswego Midlani Bonds.

Bonds.

Northern Pacific Bonds and Stock.

FOR SALE:

BEXAR COUNTY EIGHT
PER CENT BONDS.

fclOO.000

Issued to Galveston Harrlsburg & San Antonio Railroad, due 1^96. interest March aud September, payable
..
at Austin, Texas.
Taxes for payment of Interest and Sinking Fund
collected by the State of Texas, also other Texas
Securities, for sale.

RAILWAY

PACIFIC

COMPANY, Office No. 5 Bowling Green, New

Yore, October 27, 18.7.— The Coupons due November
1st, 1877, on the Third Mortgage Bonds of this Company, and on the Real Estate Bonds »f the Pacific
Eallroad Company (of Missouri), will be paid on and
after that date at this office.
C. K. GARRISON, President.

TEXAS CENTRAL

&

OUSTON

RAILWAY CO., HocsTON, Texa 8, Oct. "22, 1877.—
Income
The Coupons due November 1, 1877. on the Texas
and Indemnity Bonds" of the Houston &olhce ofCenthe
tral Hallway Company will be paid at the
company,
' "

"WANTED.

York.

particulars, write or apply to

GREGORY &

6 Wall Street,

;

rally Divided,

Correspondence

on deposits.

allowed

Interest

BROAD STREET.

DEALS HT

Northwestern Railway, In two volumes

OF CINCINNATI 7-30S. due 1902.
OF NEW HAVEN 5 PER CENTS, due 1877.
OF BALTIMORE 5 PER CENTS, due 1917.
OF KAHWAY, N J.. 7 PER CENTS, due 1883.
MOLLER & CO., 24 Nassau St.

GAS STOCKS

Special attention to business of country banks.

Railway Revenue and Its Collection,
Price, S2 50.
520 octavo Pages
Railway Disbursements and the Accounts Into which they are Natu-

CITY
CITY
CITY
CITY

REAL ESTATE FIRST MORTGAGES

Albert E. Hachfield,

Treasurer, Chicago

The above Securities are safe and desirable for investors of small sums, and can be bought much bolow
their par value.
In addition to the above, we offer for sale :

For

18

RAILWAY ACCOUNTS.

Orleans City Premium Bonds
OF TWENTY DOLLARS EACH.

9 Per

A SPECIALTY.
Brooklyn Securities Bought and Sold

Co.,

New

SECURED BY

Com

INVESTMENT SECURITIES.

By Marshall M. Kirkman, £«ca!

Stocks,

GAS STOCKS,
»V WAI-' STREET.

BANKERS AND BROKERS,
Wall St., Cor. New, New York.

7

in

for-

*

N. T.

bills.

A. H. Brown

and

Deposits received in Currency or Gold,

and Bonds.

Room

2,847.)

also Gold, Silver,

paid to Investment Orders for Miscellaneous Stocks

FOREIGN EXCHANGE AND GOLD,
63 Wall Street, New York.
BOX

;

and interest allowed on Balances. Special attention

BROKERS IN

(P. O.

Bonds bought and sold

Bult investors

eign coins.

&

New

Interest Payable January and July in the City of
York, In sums of $100, $500, $1,000.

ALSO,

amounts to

Co.,
Gilley, Jr.
BANKERS AND BROKERS,
64 BROADWAY AND 19 NEW STREET,
New York
P. O. Box 4259.

Due 1914,

NEW YORK,

ST.,

U. S. Government

SOLD.

See quotations of City Railroads In this paper

F. W. Gilley, Jr.,
Member N. Y. Stock Ex.

CONSOLIDATED

BANKERS,

NEW TORK.

F.W.

STATE OF LOUISIANA
7 PER CT. BONDS,

HATCH,

FISK &

H. L. Grant,
No. 145 BBOADWAI,
BOUGHT AND

Financial.

Financial.

Financial.

XXV

[Vol.

in Houston, Texas.
E.

W. CAVE, Treasurer

WANTED

:

Alabama, South Carolina & Louisiana
State Bonds;
& Gt. Northern,
New Orleans Jackson
Mississippi Central, and Mobile
A: Ohio Railroad Bonds ;
City of New Orleans Bonds.

LEVY & BORG,

WALL

36

STREET.

.

FORSTER, LUDLOW &

Grand Trunk Railway

No. 7

BANKERS,
Wall Street, New

CO.

Ifo>rk.

OF CANADA.

material

are

SALE.

invited for the following old

:

At Port Huron, Mich.

:

Estimated quantity.

Old Cast Iron Car Wheels
Cast Iron Scrap

lfaTtons.

"

20
20

•.

Wrought Iron Scrap

"

8,000 lbs.
Old Brass Bearings
12tons.
Spring Steel Scrap
.
1,000 lbs.
White Metal Scrap
The above will be delivered in Detroit or Port
Huron, as may be agreed upon.

(^^

Capital,* 1.000.000.
Allows interest on deposits, returnable on demand,

or at specified dates. Is authorized to act as Executor,
Administrator, Guardian, lieceiver, or Trustee. Likewise, IB a legal depository for money paid Into Court,
or by order of any surrogate. Individuals, Firms and
Societies seeking Income from money ia abeyance, or
at reBt, will nnu safety and advantage lu tills Institu

HENRY

250 tons.
•'

20,

280 "
Castlron Scrap
5 "
Yellow Brass Scrap
6 "
Old Brais Tubes
"
45
Scrap
Steel
Spring
,
10 "
Old Steel Fishplates
"
Springs
and
Hose
1
Rubber
Old
3 "
Scrap Files
The above will be delivered at any point on the
may
agreed
upon
but
be
Truck
Railway,
as
Grand
if the delivery is made in the United States the purpay
duty.
to
chaser,
;

At Portland, Me.
:

:

40 tons.
Wrought Iron Scrap
25 "
Cast Iron Scrap
3 "
Spring Steel Scrap
2 "
Light Iron and Turnings
25 "
Old Cast Iron Car Wheels....
"*The above will be delivered at Portland.
Offers will be received for any portion of the
Parties making offers are requested to
above.
state price per lb or per ton of 2,240 lbs. and to
name place where delivery will be required.
'.

Terms :— Cash on

delivery.

Tenders, endorsed " Tender for Scrap," will be
received by the undersigned on or before Saturday,

Nov.

3d.

JOSEPH HICKSON,
General Manager.

Montreal, October

17, 1877.

F.

SPAULDING,

President.

Vice
SHERMAN.
\
Presidents
11. COSSITT,
C. K.P. BABCOCK, Secretary.
EXECUTIVE GOMMI1TEE:
BKN.J. B.

I'KEBEKICK

:

Thin Sheet Iron Scrap

Xb

e%?M'jtflSSAV SZ CM. WEST*

At Montreal and other places In
Canada
Wrought Iron Scrap

ofNewToiik^

j

rarnllna Loui&'a, Georglaand Alab'a State Bonds.
Carolina UK.
Stole of North °Caro lna Bonds to No. and Bonds

North" rii Pacific UK. Preferred Stock
lisns Pac. BR. Fds .
Wabash By Funded Debt ecrlp. Ohio.
Iowa and wis.
Cltv C ountv and Town Bonds of
Bonds.
Davenport
and
( ?
Keokuk
% esliubunSe,
New Orleans Bonds. Mobile & Ohio KB. Bonds.

mSou ?, Pa^c

SS»e»

RaSoadBomi's

BESSR* Michigan Centra. KB.

WM.

Edmund W.

Samuel D. Babcock,
Jonathan Thorne,
Isaac N. Phelps,

JoslahM.Flske,
Cuarles G. Landon,
Kirmund W.Corlies,

sale of the property
NoMcTis herebydriven that the
Midland Railroad Com
of the New York & Oswego
on Friday, the
Dan v heretofore advertised to be soldC C k n
De p°o t of t h

S?K£Mu

Frederick H.Cossltt,
William H. Apnleton,
Gustav Schwab,
David Dows,
Martin Bates

William Allen Butler,
P. Wallace,

James

Henry F. Spauldlnz.

Oswego City
DUE

Sevens,

IN 1888;

Rochester City Sevens,
DUE

IN 1893;
FOR SALE BY

DANIEL. A. MOBAJJ,
40 Wall

Street.

eVi

g™*™$
WSMi

York,
County of Orange, and State of New
u[
adjournal until HATTJKDAY, the place.
OCTOBER 18.7, at the same time and
Dated September gh.^877.^
Master .

Q wmTEj

ALEXANDER &

C.P.F.EN.

Complainants' Solicitors,
120

Broadway,

New \ork.

NOTICE.

Corlles.

Geo. Macculloch Millel
Koswell Skecl
A. A. Low
David Wolfe Bishop,
Amos R. *no,
Charles G. Fruncklyn,
William H. WeDb,
J. Pterpont Morgan,
Percy R. ryne,
Charles Abernethy,

N. Y.

1

Mayoralty of New Orleans,?

BOARD OF TRUSTEES:
Sherman
Benjamin B.
Georee W. Lane,
Jacob D. Vernillye,

St.,

CIRCUIT COURT,
NITED STATES
YORK.-In
URnliTHKRN
E R DISTRICT OF NEW and
VI
othe,,,
JOHN
E^u1?y-B et w e?n
£ STERNS

R. Eno,
Frederick H. CobsIU
Isaac N. Phelps.

Sum'l D. Babcock,
Martin Bates,

Per Cent Bonds.

R. UTLEY, 31 Pine

Amos

Jacob D. Verml'ye,
Benj. B. Sherman,

:

Qr.

1

OLD MATERIAL FOR
TENDERS

WANTED

City Hall, April

30, 1877.

J

Subscriptions will be received at this office to th
Capital Stock of the

New

Orleans Water

Works Com

Legislapany, Incorporated under Act No. 83 of the
ture of Louisiana, approved 31st March, 1877.
The old Water Works Bonds of the City of

Orleans will be received

New
AT PAR, and must bo surren

dered at the time of subscribing.

ED. PILSBURY, Mayor.

G. T.

Bonner &

Co.,

BANKERS AND BROKERS,

No. 20 Broad Street,

WANTED
Bonds.

New

York.

:

Virginia State Old
Allegheny Ci y. Pa Bonds
s-acramento City, Cal, Bonds.
,

Northern Paclflc BE. First Mortgage Bonds.

FOR SALE:

Louisiana State New Bonds.
Bonds.
Jeff. Mad. & Indianapolis BR. First Mort.
Houston .t (it. Northern RR. First Mortgage Bonds.
Wabash Railway Funded Debt Bonds.

tamot
HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.

VOL

SATURDAY, OCTOBER

25.

CONTENTS.

a consequence of
the extended use of credit and
the enormous increase in the volume and rapidity of

THE CHRONICLE.
The

T

Latest Monetary and^Commercial
English News
393
Commercial and Miscellaneous
News
398

Criticism of Financial Carelessness
391

he Ohio & Mississippi Railroad
Controversy
393

THE BANKERS' GAZETTE.
Money Market, U.

Securities,

8.

I

Hallway Stocks, Gold Market,
Foreign Exchange, N. Y. City
Banks, National Banks, etc
397

|

I

Quotations of Stocks and Bonds. 399
Investments, and State, City and
Corporation Finances
405

|

THE COMMERCIAL TIMES.
Commercial Epitome

403
409
413

Cotton
Breadstuff*

|

Dry Goods

413
414
415

Imports and Exports
I

Prices Current

&\)t (Jl)ronicie.
The Commercial and Financial Chronicle
day morning, with

the latest news

up

to

is issued on Saturmidnig/U of Friday.

TERMS OF SUBSCRIPTION-PAYABLE

NO. 644-

27, 1877.

IN

ADVANCE:

For One Year, (including postage)
$10 20.
For Six Months
6 10.
Annual subscription in London (including postage)
£2 5s.
Six mos.
do
do
do
1 6s.
Subscriptions will be continued nntil ordered stopped by a written order, or
at the publication office. The Publishers cannot be responsible for Remittances
unless made by Drafts or Post-Offlce Money Orders.
London Offlcn.
The London office of the Chronicle is at No. 5 Austin Friars, Old Broad
Street, where subscriptions will be taken at the prices above named.

Advertisements.
Transient advertisements are published at 85 cents per line for each insertion,
but when definite orders are given for five, or more, insertions, a liberal disconnt is made. No promise of continuous publication in the best place can be
given, as all advertisers must have equal opportunities. Special Notices in
Banking and Financial column 60 cents per line, each insertion.
WILLIAM B. DANA,
WILLIAM B.
& CO., Publishers
rOKS e. FLOYD, JR. (
79 & 81 William Street,
YORK.
Post Office Box 4,592.

business

wrought

transactions.
this

change

clearing house, the

—the

Three agencies

have

railroad, the telegraph

latter

mainly
and the

being an instrument

made

necessary by the system of balancing and the use of

paper representatives of property in transfers. Eveu
the gray heads that have seen these changes can hardly
realize their effects, in looking

back over the

last

twenty-

The telegraph alone has utterly revolutionized business methods, so that we buy and sell, in New
York, against London and Paris prices of the same hour,
five years.

and thus deal

world-wide markets. This universality
is 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, with.
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
if it

may

in

be so called,

them or not, business men must fall into
modern ways. Credit using the term in its 'large

irresistible; like

the

—

—

and so is steam, but no man or set
of men is strong enough to resist the use of either.
DANA
NEW
Whether these modern agencies are on the whole an
advantage to mankind, or whether
they are a
neat file-cover is furnished at 50 cents; postage on the same is 18
ty AVolumes
stumbling block over which mankind must pass in the
bound for subscribers at $1 50.
L P"7 " Por a complete set of the Commercial and Financial Chronicle— course to the better condition hereafter, or, on the other
luly, ISM, to data—or of Hcnt's Merchants'
sense

explosive,

is

I

Maoazine,

it

the office.

^"The

1839 to 1871, inquire

hand, are hurtful because their
Business Department of the Chronicle is represented
New York City by Mr. Fred. W. Jones.

luancial Interests in

among

THE CRITICISM OP FINANCIAL CARELESSNESS.
Since the discovery of the forgeries which have recently, in their effects upon the innocent, so painfully

mpresed

public mind and pointed their own
has been, as usual on such occasions, not a
sharp critisism of the management of financial
the

.noral, there
-ittle

nstitutions for the

which permits any forone case we see that cerain unnamed stockholders weakly threaten
to make a
est case and attempt to fasten personal
responsibility

geries to

carelessness

be successful

;

and

in

ipon the officers of the institutions which were
late losers
>y the altered collaterals.
I

In

a general

imely, but at the

way

such criticism

never quite unextremely important to
is

same time it is
being too sweeping, losing sight of the qualying considerations or failing to make the necessary
dis.
riminations.
In the first place, it, should be remembered
lat the very case of confidence which is criticised
is itself
iiard against

management

is

not yet

enough to
recognize the fact that the conditions of business have
vastly changed, and in the direction of easier con.
learned,

is

not in point to consider;

it

is

fidence.

To

must be added a proper recognition of the
and particThe test has been unparalleled, and
ularly since 1873.
whoever has felt trials in his private business should understand that the last four years have been years of
Their seats have not been
peculiar trial to bank officers.
easy;
between a nominal money market, shrinking
assets, failing customers, war taxation scarcely diminished, and the increased pressure to pay dividends somehow, they have been, not between two fires, but between
They have been always fallible although this
several.
may have been somewhat forgotten in times of unbroken
prosperity; sometimes mistaken, rarely dishonest or
negligent, and it is only fair to bear testimony to the
faithfulness and success of the bank officers in this city,
while whoever condemns them sweepingly, wrongs and
weakens criticism itself by misusing it. Furthermore
this

peculiar experience of the last fifteen years,

—

THE CHRONICLE.

3V*2

XXV.

[Vol.

the methods of banking have been forced to change, practical control of the Ohio & Mississippi through
The bank officers who the receiver, the degree and effects of that control being
like those of other business.
and minute session now one subject of disputation. The Baltimore party
persist
in
holding
a
slow
should
about each particular loan as could have been the prac- using this designation for convenience sake had the
would be themselves displaced, or majority and control in the board of directors, and, on
tice forty years ago

—

—

—

It is no
else the bank would be pressed out of business.
longer possible to give personal attention thus to details;

they must be delegated, and the subdivision of work
indicated to anybody
in

large

a

who

Jbank— is

a

ate,

and

it

is

proper

ever notes the different desks
The matter of
necessity.

collateral loans, for example, is in

charge of a subordin-

physically impossible for

bank

—

the day before the meeting, chose in what is charged hy
" the New York party" to have been an illegal and im-

officers to

personally scrutinize the collaterals offered; to do that
would compel them to delegate some more responsible

manner—one

of their

own

side to

vacancy, and also, on the following day,
as alleged, fixed their majority

fill

a temporary
wrongfully

still

and control by choosing

own men to fill terms then expired. Securing
own chairman, they excluded the votes of the
New York men, in pursuance of a resolution previously
their

also their

passed, on the ground that proxies would not answer,
a and that no votes should be received unless accompashifting of the responsibility, and the carelessness, what- nied by the presentation of the stocks and bonds. The
ever it was, rests upon the subordinate; but the bank New York men protested against this ruling, as well as

part of their

officer

own work.

Of

course, this statement

is

—

cannot do his work for him all he can do is to against the
spectors of
him judiciously and then trust him reasonably.

and the

the chairman

legal right of

in-

but the inspectors
Then, again, the officer of a financial corporation, of threw out all votes except those cast by Mr. Robert Garnecessity, 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 simplj
select

election to act as such

to his customer without any ponderable or tangible

transferred

security; he has not the goods themselves as security,

borough, Meier and

when one advances on

in

;

blank, and Messrs. Whitewright, Scar
Iselin, for

whom

he voted, were de

The chairman then declared the meet
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 meetin;
er's bills of credit for him, largely upou the like trust in had been held, remained in the room and proceeded t
him, never for a momeut suspecting that the accept- hold one. They elected, by 170,036 votes, representin
by one long known and respected about seventeen millions of stock and bonds, Messr
ance, offered
as

supposed

for his

Goods

a

honesty

bill

and

are shipped, securities

loaned, in

New York

of [lading, holding that

integrity,

is

are transferred,

forged.

money

is

every day without longer weigh-

ing of the matter than one gives to his order at a
restaurant for dinner, wholly upon faith in the individual

concerned.

We

think

we know him well enough to
we assume it to be what

trust him; if he offers collateral,

seems to be; if he asks any sort of credit without any
we assume that he is good. Touch the circles
of moving business anywhere, and it will be found that
faith in men is woven through and through them.
A
little reflection shows that this could not be otherwise;
for if nobody fulfilled any obligation which he could
evade, or respected any undertaking which could not be
proved upon him in a court, and if no creditor could
get bis pay until he took it at law out of the debtor's
property, the social system would be disrupted.
This trust is sometimes mistaken, but rarely; even
among the stock speculators who are reckoned a loose
and conscienceless class by the general public to be
unfaithful to an obligation, even to hasty and unrecorded
ones, is a rare occurrence. Trust is too easy in some
•way it ought to be made slower, more restricted and
safer; all this we have often urged.
But it is neither
just nor wise, when a mishap occurs and trust is
betrayed, to sweepingly condemn as especially careless
what ordinarily meets general acquiescence.

clared elected.

Griswold, Manice, Ashley, and Crawford; reduced

number of

;

New York

it

the

security,

was held

—

THE
The proceedings

—
—

OHIO & MISSISSIPPI RAILROAD CONTROVERSY.
at the

meeting of stockholders of the

Ohio & Mississippi Railroad in Cincinnati, on the 1 1th
were so fully sketched in our news columns last week
that we need do no more than present a summary of the
successive steps.
As is well known, the road has been in
a receiver's hands since November 17 last, Mr. Daniel
Torrance, its former President, and Mr. John King,
Vice-President of the Baltimore & Ohio, being then
appointed receivers; and as the former was afterwards
removed, the Baltimore road has since retained the

th

from eleven to nine, under the law
of Indiana, and filled the remaining five places
passe
resolutions denouncing the proceedings of the Baltimoi
party and proposing to assert the right of the directo:
just chosen to act as such, and adjourned.
So far as this there is no dispute as to the facts, ho
directors

in

party charge that a directors' meetin
room at an earlier hour and pu

the same

posely prolonged so as to exclude
people; that

all

but the Baltimoi
a few mi

when they obtained admittance,

utes after the hour set, they found the stockholdei

meeting already organized and the election
that their protests were

denied a hearing;

from
were

that the

registry

their sight; that the votes cast
illegal

in progres

disregarded and they we

even under his

own

book was ke]
by Mr. Garre

rule; that

the ru

was sprung on them in order to exclude vot
which could be overcome in no other way and that tl
whole was a prearranged plan to prevent the opposite
from acquiring any participation in the affairs of t

itself

;

road.

the

It is further asserted that the proxies held

New York men

were

all

1

procured within two wee

before the meeting, but that several thousand of t
blank-transferred shares voted by Mr. Garrett wc

borrowed

in the street

for the occasion.

Here

t

matter rests for the present, the Baltimore party

maining in possession and contenting themselves wi
acting on the defensive. The New York men, on th
They have proceed',
part, propose to be aggressive.
or will immediately proceed, to test the validity
their ticket and ascertain who are the legal direct'*
and officers, in the United States Circuit Court; me:while, they have applied to the Stock Exchange not
recognize as a good delivery any certificates signed
other officers than their own, and the request is bef
the proper committee.
Although the questions whether the course at f
meeting was a plot and the New York people were p
'

*

THE CHRONICLE.

Octoiikr27, 1877.]

—

poBely.kept out until after organization together with
some other disputed matters of faot are important, they
are not the most essential questions at issue, and we pass

—

Yet the whole forms a

thorn without discussion.

Cotest Ulonetarg an& dommtrctal <f itgtisl) Ntvoi

RITKIOK

signal

—

Here, for instance, was one man casting some 30,000
votes, and several others casting 170,000, at a meeting
of perhaps a score of persons. Admit that this representation was honestly obtained, and

parent

meet for

an

plots

election,

opportunity

an

when only a handful

that

first,

:

two things

ready

all

are ap-

of persons

and counterplots have
at hand
second, that
;

the indifference, or the despair about effecting anything,

on part of the stockholders, which induces them to delegate their votes to almost anybody who asks for them,
is

a sharp condemnation of the

managed. Whether
should be produced

it

way

corporations are

was necessary that the

KV<

OCTOBER

OK—
Amsterdam
Antwerp

3

in order to carry voting power, we
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.

LATEST
DATS.

RATH.

fhort.

. .

EXCHANGE ON LONDON.

18.

Tin.

Oct.

©12.3

IS. 8

'*

8078
85*)

Parla

13.18

M

"

it

Frankfort
St. Petersburg

®2o

©80

*

Q8*X
4"K@47>;
eixasix

**

months. 28.07H@88.18«
*'
88.07* l&Sv'USX

Naples

Oct

18.

8 mos.
short.

Oct.

8.

3 mos.

Oct. 13.

short.

77

119 40

30.48
30.46
33 1S-3*

ftS0.77

22

90 days.

ts.ttx

45

18.87X318.88)4
80 73
80.73

IS
30 48

8 mos.
rhorl.

§20.77
&85.S0

3 months. 35 40

Berlin

3

short

18.

months.

27.10

a8.07xas8.Ii*
**

Oct. !0.
8 mos.
Oct. 18. 60 days.
Sept. 9. 90 days.
Sept. 14.

46X®46X

New York
Rio de Janeiro
Valparaiso

Pernambnco

7.M
4.81

2<X

41\a<2
*4*

..

Bombay

30 days.

Calcutta

Bong Kong...
securities

\V<;K If l.OIIMIV
AT L1TBIT DATBI.|IVD O* LONDON

II

KXCHANOB AT LONDON—

— which we

have before this
time criticised of having such a secrecy and autocracy
in railroad management that the proxy falls into abuse.
illustration of the impolicy

393

"
"
'•

Shanghai

1«91-16<M93-16
St.
&».

10Ktf»3. 11.
:j*d.@5« 33£

Oct. 11.
Oct. 10.
Oct. 9.
Oct, 9.

3».

lOxdai.

Oct

"

..

It.

11.

Ij

mw.

It.

9 tl-18<f.

U. 9%d.
8».
61.

a.

U>X<*5X<i.
Od.

it.

9X</.
Aug.' 37.
Oct. 10.

Alexandria...

6 mos.
3 mos.

ll/.'Wxc
»5X

[From oar own correspondentl

London. Saturday, Oct. 13, 1877.
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)
was by no means unexpected, as the position of the Bank has

(Jarrett, whether borrowed or not, were waste
paper as respects voting, dissociated from the registry been steadily deteriorating of late, while the proportion of
book. That book alone could show who possessed the reserve to liabilities has declined to 35'49 per cent. The Bank
right to vote, either personally or by proxy if that book return published this week presents at least one remarkable
was hidden, the hiding is presumptive evidence against feature, viz., that, at a time when money is rising in value, the
discount business of the Bank is diminishing, there being a rethose who hid it; if the book has not for a long time
duction of £564,961 in the total of "other securities." Of course,
been written up, as is alleged, the fact makes the con- it is difficult, if not impossible, to know of what these "other
;

and gives force to the argument that
be regularly published and always
inspection, as we have before this urged. Upon

fusion greater,
registry ought

open to

to

this part of the case, therefore, unless the presentation

of the facts can be successfully impeached by them,
the Baliimoie party are certainly in the wrong.

The

merits of the struggle for possession of the road

The earnings

are another matter.

are stated to be

now

in excess of

the fixed charges and to be on the increase
as compared with last year.
The road itself is necessary to the Baltimore
ietta

&

Cincinnati,

its

&

Ohio as forming, with the Marthrough line to St. Louis. Con-

cerning Mr. King's

management of it there is a divided
some members of the New York party believing
that he is giving to the Baltimore & Ohio a disproportionate share of the earnings, and others only fearing
that he will or may do so hereafter.
But the question
of management is not the one at issue and may be
waived. The New York men say that they desire and
demand a representation on the Board, to which their
possession of voting power entitled them, and went to
Cincinnati to get it, but were cheated out of it. If
opinion,

they are right

in their

representation

is

statement of facts, their right to
not open to dispute. If the minority
in power exclude the majority, the
management of the
minority ceases to be the question. If they
are managing well, they need not fear participation by
others;
if ill, they deserve to be
supplanted; but no merits of

management can be admitted

in justification of

excluding

securities" consist,

and the diminution

the total of "other securities," compared with last year, has led

had been some improvement in trade but
was delusive, and thart the increase was due to the investments of the idle money held by the
Bank in, say, the preference and debenture stocks of British and
Indian railway companies, and which are now being realized.
Ouly in this way can this week's decrease in "other securities" be>
accounted for, and we are led to the conclusion that the state of
item of "other securities" at the Bank of England cannot be
relied upon as a guide to the state of our commerce.
The Bank has lost this week a sum in gold amounting to £692,882, but as there has been a falling off of £403,984 in the circulation of notes and bank post bills, the total reduction in the
to the belief that there
it is

now

;

feared that that opinion

reserve does not exceed £290,047.

moderate

scale,

and

in the

open market the rates of discount are

:

Percent.

Bank rate
Open-market rates

must

call in

and pay

her present debt at par, with interest
mu8t ,hen
*"£
Amount
amount "of
of hond!,
bonds tto n
the syndicate, l
bearing 5 per cent interest
lntere8t '
pnnopal and interest made payable in forty-five
years
ir

em

off

nt

-

SM

»»"*" »™

of reserve to

Bank will be witnessed.
The demand for money during the week has been upon a very
as follows

New

The proportion

however, amounts to only 35'49 per cent, against 3711
per cent last week, and 54'51 per cent last year. It is evident
that the position of the Bank has receded to a point which requires careful observation ; but as we may be sure that the
directors of the Bank will advance their rates of discount rapidly
in order to protect their position, the buyers of gold for exportation may be expected to exercise some additional caution, and
limit their purchases materially.
In addition to this renewal of
a cautious policy, the present rate of discount should attract
supplies of gold from several quarters, and it is hoped, therefore, that before long a steady improvement in the position of the
liabilities,

the rightful owners of the property
from participation

lonislana

them may arise, not out

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, as well as of
other banks, are undefined. For some time past the increase in

in its control.

State Debt,-A
Orleans press despatch says
that a syndicate of eminent financiers
in Europe liave proposed
to loan the State of Louisiana
$12,850,000, with which the State

in

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

30andf,0diys' bills

3months'bUls

4X31X
4S»4*

Open-market rates
Percent.
4 months' bank bills
4X09
8 months' bank bill*
5 Q5X
4 and 8 months' trade bills. 6 ©5*

The rates of interest allowed by the joint-stock banks and
discount houses for deposits are subjoined
Per cent
Joint-stock banks
4
...
:

Discount houses at call
Discount houses with 7 days' notice
Discount honaos with 14 days' notice

a

4

4X8
4Vi

THE CHRONICLE

394

Annexed is a statement showing the present position of the Bank
of England, the Bank rate of discount, the price of Consols,
the average quotation 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 tee
four previous years
_
:

1876.

18T7.

£

£

„„_,*'...

28,058.431
3,957.287
21,497,719
15,340,156
19,206,267

59,673,841
4,125.835
26.051,022
16,551,095
21,927.226

bank

29,511.910
6,181.234
30,003,658
18,202,925
16,018,786

28.716.855
5.039,600
21,17,.3,5

9.405.826
9,405,826

10.789.206
10,789,206

19,999,772

9,4.1.126

22,056,256

25,025,321

31,095.582

22,783,316

1875.

1814.

1873.

£

£

Circulation— including
post-bills

27.315,415
Public deposits
4,316,070
Other deposits
20,431,505
Government securities. 13,231,229
21,801,732
Other securities

R

n0te8 a nd
e
7,881,036
coTn. ..°'..
Coin and bullion ir.
both departments.... 19,722,891
Proportion of reserve
to liabilities
.

.

54'51p.

6p.c.
92*

Bank-rate
Consols

4 p. c.

92S
44s .8d.
8d.

61s. Od.

English wheat,av. price
Mid. Upland cotton....

_.„

9*d.

8«

)5.'I6.6M
19,064,149

3549

c.

p. c.

5 p. c

94.
45s. lOd.

96*

95*

46s. 3d.

e*d.

5*d.

55^. lid.
6 ll-16d.

10a.

ioxd.

60.914.000

93,177,100

.

No.40s, mule twist, fair
io*d.
*d Quality
.I'.-.IVA. .JU.JV*
Clearing House retnrc.110.067.000 103,196,000 111,223,000

The following are the current rates of discount at the leading
Cities abroad:
Bank Open
Open
Bank
market.

rate,

$
Paris

Amsterdam.

Hamburg
Berlin

Frankfort
ViennaandTrleste..,. 4*
Madrid, Cadiz and Barcelona
6
6
Lisbon and Oporto...
Bt. Petersburg
«
Since the rise in the

cent, per cent

2X

2*

6

4

Leipzig

5%

4*

Genoa
Geneva
New York

6

5
3)4

Brussels
Turin, Florence

and

Rome

4*
4*
*H
4*

5*
5*
5*

market

rate,

$

cent, percent.
2
2
3
8

I

8

I

Calcutta

5

I

Copenhagen

8*

6©7-

.10
5

6

4*

the bullion operations 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

Bank

rate,

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

now

as follows

GOLD.

s.

per oz. standard.
per oz. standard.
per oz., nominal.
.

Bar Gold, fine
Bar Gold, reftnable
Spanish Doubloons
South American Doubloons
United Sta'es Oold Coin
German Gold Coin
5 grs.

peroz.
peroz.

....

54*
55*

©
©

....

54

V, ...
<a

peroz.
peroz.

Quicksilver,

£7

10s.

6

3*@

d.

per oz., nearest.
per oz.,
"
peroz., la<t price.

Spanish Dollars (Caroms)
Five Franc Pieces

....
....
....
....

©
@
a 76

per oz.

Gold

d.

».

©

SILVER.

Bar Silver, Fine
Bar Silver, con'ng
Mexican Dollars

d.

77 9tf®
77 11
74 6
73 :o
76 5
76

.

...

d.
...

©

Diecount. 3 per cent.

money has had a beneficial effect upon the exchanges, and unless the Bank of France should raise its rate of
discount, we shall probably be attracting gold from Paris. The
German money markets, however, keep dear, and there is still
The advance

Redm.
Virginia stock 5s
6s»
Do

in

to 1,500, inclusive, guar, by Del. &Hud.Caual. 1908
Atlantic <fc Great Western 1st M., $1,000, 7s... 1902
2d mort., $1,000, 7s.. 1902
Do
Do
3d mort., $1,000
1902
Do 1st mort. Trustees' certificates

Do
Do

do
do

2d
3

1

do
do

Detroit

&

Milwaukee

Do

1st mortgage, 7s
2d mortgage, 8s

1875
1875

Erie $100 shares
Do reconstruction trustees' asscssin't, $8 paid..
do
Do
$4 paid...
do
Do
$3 paid...
do
Do
$2 uaid...
Do preference, 7s
Do convertible gold bonds, 7s
1904
Do reconstruction trustees' certificates, 7s
Galveston & Harrisburg, 1st mortgage, 6s
1911
Illinois Central, $100 shares
Lehigh Vallev, consolidated mortgage, 68
1923
Marietta & Cincinnati Railway, 7s
1891
Missouri Kansas
Texas, lat mort., guar, gold
bonds, English, 7s
1904
New York Central Hudson River mortg. bonds.
New York Central $100 shares
1890
Oregon & California, 1st mort, 7s
Frankfort t'ominit'e Receipts, x coup.
do
Pennsylvania, $50 shares
1st mort., 6s
Do.
1880
Do.
con sol. sink'gfand mort. 6s
1905
Philadelphia & Reading $50 shares
Pittsburg Fort Wayne <fc Chicago equipment
bonds (guar, by Pennsylvania R. R. Co.), 8s
Union Pacific Land Grant 1st mort., 7s
1889

&
&

one, and seems to have resolved itself into one

and the people.

clerical party

The following were
principal

between the

&

coupons
Do. 2d consol. mort, 7s
Do. reconstruction trustees'

1894

certificates, 7s
Oilman Clinton Springfield 1st M.. gold, 7s.. .1900
Illinois
St. Louis Bridge 1st mort, 7s
1900

&

&

Do.
Illinois Central,

do.
2d murt, 7s
sinking fund, 5s

1903
1815

6s
5s

American

securities at

prices

of

to-day's market,

Redm.

Do

5-20

'.

U. B.1867,6s
Do funded.Bs

Do
Do

10-40,58

funded, 4*8, issued at 103*
Louisiana Levee, 8s

Do

compared with

Do

88
5s
Be
6a
5s

Oct.

105*3106*
106*©107H
10iy©104*
42
42

1888
1894
1900
1889
1891
1895

105
105
105
105
105
106

a

©

Oct.

13.

6">*©95*
©110
®106
107*@108
109
105

1875

6b

Massachusetts 5s

Do
Do
Do
Do

188!
1885
1887
1881
1904

a%
©25
© 13
3 6
© 25
© 13
© 6
a 25
a as
© 85

@
®

©
© 1;
a 6i

©

©93

11

do.

do.

do.

6s

1901

ass
..

©108

©

95

a
©
01
13*© 14* UX© It*
16 © 18
15 0%
15*5 ux »*© 15*
25 © 27
23 a 25
©25
a 27
@ 28
a 2«
a 44
a 44
a
© 81
© 41
©
© 82
© 79
© 76
© 95
© 96
30
30

98
40

©40
©40

4')

17

,

57

©

59

!16*©117y,
106
27
21
.30

101
91

©103

© 29
© 26
© 31
'

©

16*©
100
102
103

A

a
U ©
25 a
II

106
106
103

1754

40
19

86
16
25

30
30

....

a-30

.©

si

SI

....

93

©30
43

'id

45
45
65
95
56
95

©
©
©
©
93 ©
106
94 © 96
©
'93'
©100
92 a 94
101
41
65
93
53

...

93

92
110
85
103
20
104
93

62

M

93
86
100
S6

67

©103

©

©

®108
©108
©110

....©
20

....©
91

SI
81

78
43
43
55
93
51
93
106
91
....

92

©04
©101
w.'.ci

@ 68
©102
a S3
© 69

68*© 69*

....

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©94
.30

....

© 40
© 19
© 30
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©
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© 94

93

25

93
92
103
97

©112

17

©101
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I1.5

106
10;

....

© 63
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....

59

© 29
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©108

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16

99
102
104
91

Sub
©no

a ©

91

91

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.©
107

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116*3'.;:*
106
27
24
29
101

93

®:02
©104
©195

©

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57

111

85
106
20
104

93
62
99
99
86
100
86
59

....

© 93
a
© 83
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©80

© 45
© 45
© 65
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© 95
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© 96
©

....

©100

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awl

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90

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68

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68
99

@«
©101

10a

out
@U0

100
103
103

©92
72

©109
©110
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103

©83

consols and the

those of Saturday last
Consols
UnitedStates

.

South &
;
St. Louis Tnnnel 1st mort. (guar, by the Illinois
&St. Louis Bridge Co.) 9s
18S8
1896
Union Pacific Railway, Omaha Bridge, 8s
1894
United New Jersey Railway and Canal, 6s
Do.

the closing

© 96
© 28

@ 13
Sii© 6*
24 © 26
© If
6*
20 © 25
20 © 25
© 85

94
21

1893
Onion Pacific Railway, 1st mortgage, 6's
AMERICAN STERLING BONDS.
92
Allegheny Valler. guar, by Penn. R'yCo
1910

Atlantic <S Gt. Western consol. mort., Bischoff.
1892
certs, (a), 7s
Atlantic & Gt. W. Re-organization 7s
1874
Atlantic
Gt.W., leased lines renttl trust, 78.1902
Do
do.
do.
1873,78.1903
do.
Western exten., 8s
.1876
Do.
Do.
do.
do. 7s, guar, by Erie R'y.
1895
Baltimore Jb Ohio, 6s
Do
6s
1908
1910
Do.
68
1902
Burl. C. R. ifcMinn., 7s
1909
Cairo & Vincennea, 7s
Chicago & Alton sterling consol. mort, 6s
1903
Chicago & Paducah 1st mort. gold bonus, 7s... 1902
Cleveland, Columbus, Cin. & Ind. con. mort. ..1913
1906
Kastern Railway of Massachusetts, 6s
1875
Erie convertible bonds, 6s
cons,
mort,
7s
1920
Do. 1st
Do. with reconstruction trustees' certificates of 6

6.

©35
©34
©62

:

.

.

electoral contest is unquestionably a severe

Oct.
30
32
60

Ohio, Con. mort., 7s
1905
Committee of Bondholders' ctfs. ...
do
Baltimore & Potomac (Main Line) 1st mort, 6s. 1911
(Tunnel) 1st mortgage, 6s,
do
86 ©88
(guar, by Pennsylvania & No. Cent-Raiiway). 1911
Burl. Cedar Rapids & No. RR. of Iowa, 1st mort.
55
65
Central of New Jersey shares
16*@ 17*
1899
Central of New Jersey, cons, mort., 7a
66
68
1896 105 ©106
Central Pacific of California, 1st mort.. 6s
Do Califor.A Oregon Div.lst mortgld.bde,6s.l892 93 ©95
Do Land grant bonds
1890
90
92
Del. & Hud. Can. 7s
96 ©98

;

The

£0

XXV.

11

&

Atlantic Mississippi

a moderate inquiry for drafts on Berlin, Frankfort and Hamburg
Do.
1905
Mo. & Texas 1-t mort, 7s
1591
A prominent feature in the exchange market, this week, has been III.
Lehigh Valley consol. mort, 6s, "A"
1902
a heavy fall in the value of Russian paper. Yesterday, business LssUvUle & Nash ville, 6s
Memphis Ohio 1st mort 7s
1901
was done at the low price of 21£d-, and the closing price Milwaukee& & St Paul. 1st mort
7s
1902
York
&
Canada
R'way,
guar,
by
the
DelaNew
was 22d. Two years ago the quotation was 32a\ This week's
1901
ware & Hudsun Caual, 6s
rates are the lowest on record, and as long as the war lasts and N. Y. Central Si Hudson River mort. bds„ 6a. .1903
Northern Central Railway consol. mort., 6S....19C4
bo much commercial and financial distress exists throughout the Panama general mortgage, 7s...
18y7
1892
Russian Empire, any immediate improvement seems impossible. Paris & Decatur
1910
Pennsylvania general mort 6s
Business on the Stock Exchange has been without any striking
consol. sink'gfund mort. 6s
1905
Do.
Perkiomen con. mort. (June '73) guar, by Phil.
feature but the market'for American securities, without being
1913
& Reading, 6s
active, has been firm in tone, and in several instances a further Phil. & Erie 1st mort. (guar, by Penn.RR.16s..l881
Do.
with option to be paid in Phil., 6s
The market here appears to have Phil. & Erie gen. mort(guar. by Penn. RR.)6s,1920
rise in prices has taken place.
&
Reading
general consol. mort 6s
1911
been chiefly influenced by operations conducted in New York. Phil. Do.
imp. mort, 6s
1897
Do.
mort,
6's
..
most
part,
been
weak.
gen.
1874,
Continental stocks have, for the
ToDo.
do.
xall
morrow will be an important, if not a momentous, day in Pittsburgh & Connellsville Con. Mort. Scrip,
guar, bv Baltimore & Ohio RR. Co., 6s
France, and the result of the elections is naturally awaited with
North Alabama bonds, 6s
anxiety.

©35
©35

New funded 6s
1905
©
AMERICAN DOLLAR BONDS AND SHARES.
& Susquehanna cons. mort. 7s, Nos.501

Do
Albany

Do.

much

Oct. 13.

30
38
58

.

2p.c.

p.c.

fVoL.

52
62

©107
@107
©107
©107
©107
©107

6.

95*© 95*
109*ail0*
li'B
©106
107*54107*

106*©107X
:07

©107K

104
42
42
105
107

©104V4

107
107
107
107

©

52

©62
©107
©109
©109
©109
©109
©103

*

Ex

6 coupons, January, 1372, to July, 1874, inclusive.

Applications are invited by Messrs. Morton, Rose & Co. for
$1,500,000 in 5 per cent bonds of the Chicago Burlington and

Quincy Railway Company. The issue is made for the purpose of
reimbursing the company for the purchase of the first mortgage
bonds of the St. Louis Rock Island and Chicago Railroad, the
bonds of which company are deposited as security, the line being
leased by the Chicago Burlington and Quincy Company for
the
$175,000 a year. This will give a surplus of $50,000 beyond

on the present issue, which with the accruing interes;
applied as a sinking fund, and extinguish the bonds
be
will
per
within 25 years. The price of issue is 89J per cent., or £179
interest

Octobkr

THE CHRONlCLli

27, 1877.J

letter £20 per bond is
f 1,000 bond. On receipt of the allotment
payable, and the balance on tUe 15th November, which can, however, be anticipated under discount of 4 per cent, per annum.

have introduced a new loan
for Ilungiry, the amount being £8,000,000, in six por cent, bonds
at 834. I' was never expected that the loan would be attended
Messrs. Rothschild, Sons

with

much

&

Co.

success in this country, as

much

public hold forrign stocks in

it is

well

distrust.

ever, thnt about £3,000,000 has been subscribed,

known

that the

It is stated, howthough from what

Considering that the situation of

source has not transpired.

395

The wheat trade was 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 oa Monday, but there has been no material change apparent.
During the week ended October
the sales of English

wheat in the 150 principal markets of England and Wales
amounted to 61,436 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
markets reach a total of 287,093 quarters,
against 349,022 quarters, while In the whole Kingdom it is computed that they have been 1,148,500 quarters, against 1,390,100
quarters in the corresponding period of last season. Without
reckoning the supplies furnished ex-granary, it is computed that
in the 150 principal

is very critical.it seems scarcely
amount can have been derived from public
sources.
If so, the public is less timid than it was taken to be.
Tenders were received at the Bank of England on Tuesday for
£3,000,600 India 4 per cent, debentures, and the applications the following quantities of wheat and
amounted to £4,273,000, the whole of which was placed above the British markets since harvest

Hungary

the present time

at

possible that that

Tenders at £101

par.

3s.

received about 4 per cent, of the

amount applied for, and above that price in full. The prospect
of money becoming dearer has necessarily checked the influx of
subscriptions, as capitalists are likely to be able, at least
porarily, to lend their

The Board

money on more advantageous

tem-

terms.

of Trade returns for

September and the nine months
ended September 30 have been issued this week. They show
that the declared value of our exports in the month has been
£17,095,426, against £17,777,917 in 1876 and £19,853,750 in 1875.
The total lor the nine months is £147,663,519, against £151,035,447 in 1876 and £169,365,594 in 1875. The declared value of our
imports in the month was £28,234,759, against £30,668,254 in
1876 and £30,858,909 in 1875 and in the nine months £392,528,
403, against £282,216,860 in 1876 and £281,514,695 in 1875.
The following figures relate to the nine months ended Sep-

have been placed upon

flour

1877.

1875.

18T6.

cwt.

1874.

cwt.

cwt.

5,906,589
781,266
4,976,320

4,458,416
573,027
6,019,800

8,998,061
678,416
4,822,500

5,458,959
517.154
7,195,200

11,606,175
216,519

11,081,243
185,950

14,488,930
41.463

13,181,310
63,090

Result....
11.369.626
Aver, price of Eng. wheat for season 53s. 6d.

10,955,893
46s. 7d.

14.411,517
47s. Id.

13.113,820

Imports of wheat
Imports of flour
Sales of

home-grown produce

Total ......
Exports of wheat and flour

The following

figures

show

46j. 10d.

the imports and exports of cereal

produce into and from the United

Kingdom during the

first

sir

weeks of the new season, compared with the corresponding periods
in the previous three years

:

;

tember 30
1875.

Imports
Export*
Exports
Exports
Exports
Exports
Exports
Exports
Exports
Exports

of
of
of
of
of
of
of
of
of

cotton...
cotton

.cwt.

10.0)5,765
1,761,518
159,143.400
2,651,630,400
1,879,617

cwt.
cotton yarn
lbs.
cotton piece goods, .yds.
iron and Btetl
tons.
linen yarn
lbs.
linen piece goods
yds.
jute manufactures... yds.
silk

20,706.8119

161,757,960
75,513,280
£1.820,831
7,720,600

manufactures

of wool, British
lbs.
Exports of wool, colonial and
foreign
lbs.
Exports of woolen yarn
lbs.
Exports of woolen cloth
yds.
Exports of worsted stuffs
yd?.
Exports of blankets and blanketing
yds.

Exports of flannels...'
Exports of carpets

:35.033.040
23, 15 1, 600

32,946.900
200,026,100

138,699,095
21,975,549
31,571,900
172,466,

W0

2,861,914,100
1,759,297
14,155,017
140,266,731
80,499,949

£1,263,145
7,689,025

145,829,018
19,136,100
83,515,700
150,856,700

3,896,910
4.663,800
4,914,150

4,566.900
6,1182,600

To Germany
Tards
To Holland
ToFrance
To Portugal, Azores, and Madeira
To Italy
territories

4.343,(100

8,926,100
8,783,600
6,587,100
8,41(1,500

1.029,400
4,263.200
25,4;8,«00
13,250,600

ToGreece
To Turkey
'"Erypt
To West Coast of Africa

2291600

To United States
To Foreign West Indies
To Mexico
To United States of Colombia (New

ls!l7l!s-"0
4 395' (iqq

Granada)
ToBrazil

1,398,500
16,456.700

To Uruguay
....'..

8442800
1700 000

..

48,iSI S00

..'...'.*."

.......'

8,615.500
8,901,600
2 6.10 inn
l.'8«,9(W
3 070 800

Islands and
2 7gg gQg

in

South Africa!

y

lJUolttO
25-» ,8 80°

M°.dS«

-

3,850,800
.

.

Strait's Settlements'.

Ceylon
ToAnstralia

'.
'.

V.

"

\".

""
\ ]

][

]

^mo 600
? s9t'<wi

iMHinn

other countries

....."" Sri'71i;300

Total unbleached or bleached
233 497 100
Total printed, dyen, orcolorcd
88''24'l00
Total of mixed materials, cotton pre-

1876.
4,405.900
4,364,300

1877.
7,466.800
2,817,500

7,728,800
4,064,200
8,378,300
1,044,300
3,611,400
24,563,300
7,268.600
8,707,800
5,463,000
12,416.800
1,876,600

4.S89.9C0
6,432.600

Total..

.

f,M.'6.3(

1875.
S.S83.061
911,755
1,372.929
63,118
432,481
3,074.152
678,416

1874.
138,956
114,011
140,188
69,375
256,624
142,879
547,154

232,327
16,765
10,230
2,261
1.581
20,172
4,222

42,103
3,612
11,298

52,411
1,887
4,583
8,667
II
88,730
10,679

119.530
1.371

4,744
1,567
1,363
77,612
6,420

1,130
2.215
6,582
2,360

The countries whence we derived our 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
flour

subjoined statement:
Imports op wheat.

3,708.500
1,065,000

8,982.000
1,596,000

36,9:2,100
3,165,200
77,151,000
7.081,700
2.735,300
2,957,900
23,967,400

S6.2S8.000
1,630,800
78,638.700
7,530.300
8,776.400
8.285,000
25,663,500

242,628,900
89,421,400

215,179,800
103,241,800

2.633,100
14,718,300
2,398,100
li.392, .'OC

980,603

932.700

1,009,700

322,601.100

332,985,000

329,431,300

£*30

9f,i

Thread for sewing
lbs.
859,814
other manufactures, unennmerated
£76 511
1 otal value of cotton manufactures .... £5 206
259

From-

1875.

Russia
United States
British

163,327
415,324

1876.
662,195
760,161
217,146
15,496
3.267
90,154
81.623
399,954
336,561
409,942

6,647,434

3,039,506

4,036,649

213,621
46,068
63,516

70,088
66,274
191,766
2',612
88,554

83,528
63,725
160,506
17,723
192,821

491,318

438,234

510,301

cwts. 1,286,853
2,530,4."'9

North America

710,380
608,474
231,413
99,807
61,887

Germany
Chili

Turkey, Moldavia and Wallachia

Egypt

45-3,510

lir.tish

India

Other countries

1877.
1,225,991
1,078.380
321,786

.

383,258
12,549
84,825
96,209
160 315
578,876
94,460

(1

1.119,400
2.234.5)0
25,253,700
7,179,100
8,861,400
5,013,500
12,594.000
2,793,700

3,223,300
2,569,400
30,273,100
1,498.000
4.794,800
3,619,700
2.050,500
1,608.400
3,306,600

OTHER MANUFACTURES Or COTTON.
Lace and patent net

Peas
Beans
Indian Corn
floor

Total

IMPORTS OP FLOUR.

,

1,241,900
16,516,600
2,569,300
957,400
4,621,100
8,436,300
31,422,800
3,013,800
6,?65.8O0
4,213.900
s.eve.aoo
1.691.900
2,819,900

'

dominating

cwt.

France

'

«,632,'t,O0

To British possessions
To British India

To

200

4.98t,'600

KfcS^i-r-.-i
To Philippine Islands

Bengal

5',316

911800

To.Iapan

1876.
4,458,416
1,279,564
1.300,096
102.451
581,8)5
5.974,894
583,027

EXPORTS.

Wheat
Barley
Oats

5,032,7(0

:

Guiana..

Flour

165.094, (.00

COTTON PIECE O0OD3 OF ALL KINDS.

To Gibraltar
To Malta
To British North America
To Bntish WcBt India

IndianCorn

quantities of cotton manufactured piece

To Argentine Republic
To Chili
To Peru
To China and Hong Kong

5,f 06,589

1,252,517
1,738,858
100,360
571,375
8,261,957
723,263

Beans

1877.

9.386,783
1,101,746

goods exported to all'quarters in Septombor, compared with the
corresponding period in the preceding two years

,o Austrian

cwt.

,

S.0!3,700
5,193.003
6,06:,800

yds.
yds.

The following were the

1876.
10,038,167
1,176,405
167.334.500
2,727,854,503
1.65S.769
16,918.850
12*,410,18l
90,455,309
£1,300,081
6,212,276

1877.

W3jeat
Barley
Oats
Peas

1816.

1877.

£64.809
£63,669

£76,637
£61,481

850.215
£63.521
£4,777,865

978,300
£•5.191
£4,886,614

Germany

63,253

France
United States
BritishNorth America
Other countries

101,86:1

Total

Annexed

a return showing the value of the cereal produce
imported into the United Kingdom during the first week of the
season, viz., in September last, compared with the same period in
Is

1876 and 1875.
137».

1875.

Wheat

£1,478.780
318,038
£88,525
33,222

Indian Corn
Flour

£1,667,882
232,703
463,444
87,044
136,429
759,567
405,175

Total

£5,693,643

£4,081,382

Barley
Oats

Peas
Beans

161,521
1,341,576
342,786

1877.

£8,518,181
815.061
419.748
27.301
143,708
754,405
4-76,490

£4,736,894

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

Bocllab
The

in Indian corn.

'larii.-t

Keporta— Per Cable.

iaily closing quotations in the

pool for the past

markets of London and Liver-

week have been reported by

summary
London Money and Stock Market.— The

cable, as

shown in

the following

of

bullion in the

England has decreased £89,000 during the week.

Bank

THE CHKONICLE.

39b*
Mon.

8at.

Consols for money..

"

rj.8.6s (5-208) 1867. ...103
0.8.10-408
107Jf

5sofl881

107*
106*
104*

107*
106*
101*

106X

New 4X3

104X

»bb!

26
Wheat (R. W. spring). ctl 10
" 10
(Red winter)
" (At. Cal. white).. " 11
" (C.White dub)... " 13
Corn (n.W. mix.) $ quarter 33
Peas (Canadian) « quarter 39

6

*

2

'

9
8
6

d

e.

d.

6

6

10
10
12
13

2
9

26
10
10
13

28
39

9

8

.

"

Unseed

s.

Spermoil
Whaleoil
Linseed

26

6

2

10

4

8

10

6
12 8
12 11

8

29
38

6

6

Thur.

b.

40
46
61

e.

d.

92
47

6

40
45

6

Frl.

6

6

64

8.

d-

92
4?
40
45
64

6
6
6
K

d.

d.

b.

d.

8.

10

12*

Tnnr.

e. d.

s.

53

53

10

Wed.

5
10

10

1:*

8

8

41

Aspinwall

TJ. S.

gold..
gold

U.S.

silver

TJ. S.

Total since Jan

1,

5C0
335
100
146
5.600
770

.

,.

$149,755
12,36S,9S9

1S77

$12,518,744

_

Same time In

Same time in—

1876
1875
1874
1373
1872
1871

$8,184,868
11,054.20!
5,281.914
13,760,087

1870
1869
1863
1867

5,20',, 901

1863

$8,637,878
14,771,888

,

6,326,932
2,81R,204
8,161,738

8,388,354

The

transactions for the

week

at the

Sub-Treasury have been

as follows:

Payments.

Receipts

,

Customs.
20

d.

s.

53

23.

J203.000
315 000
449,000

24..
35..
26..

167,000
202,000
282,000

10

18*

8
41

41

60
6,482

S. silver
Foreign silver.

TJ.

Total for the week
Previously reported

Frl.

12*

liy,

8

d.
3

11,840
28,269

cold
Puerto Cabello...U. S. gold
TJ. S.

22..

Tnes.

$95,623

silver ...

Silver bars ....

Total

$2,024 772 35

$1,624,000

$3,381,510 21 $3,502,537 59 $5,485,757 93

8

Balance, Oct. 19
Balance. Oct. 28

6

From the Comptroller of the Currency, Hon. John Jay Knox,
we have the following statement of the currency movements and
Treasury balances for three months past

41

102,674,011 57
101,196,246 53

42,870,515 19
40,766,267 47

...

25

6

25

6

25

Oil Markets.
d.

s.

Wed.

£

s.

24

d.

s.

d.

Thur.

£

s.

Frl.

£

d.

s.

9 15

5!

9 15
53

28

23

23

27

35
30 15

73
35
30 15

53
28

73

78
35
30

6

9 15
S3

53

ton 30

24

6

Tues.
9 15

23

24

6

—

£

Mon.
£.

d.

Stun. .78
" .35

oil... .S

10
12
13
29

d.

e.

33

d.
91 6
47 6

Mon.

9 15

$

26
10

6

Frl.

XXV.

Foreign silver

U.S. gold...

d.
5

b.

8

Wed.

45
64

9 15

qnar.
8agar(No.l2 D'ch 8td)
on spot, $ cwt
(Cal.)

16— Brig Chas. A. Howard ..St. John
18— Str. Columbus
Havana
19— Str. City of New York... Havana

Thur.

2
8

d.
6
6
6
6

46
64

41

Sat.

£

Oct.
Oct.
Oct.

—

41

London Produce and
Uns'dc'kefobD.StE.

15— Schr. M. Reynolds
15— Str. Colon

Vera Cruz

TJ. S.

Oct.

10

"

Spirits turpentine

Oct.
Oct.

106?;

of Merida

105*

d.
6

Tuee.

40

''812^
'*

6

91
47
39

Petroleuin(reflned)....tf ga!

Tallow(primeCity)..» cwt.

8

b.

5353

Hosln (common)... Scwt..

red).,

108*

—

d.
93 6
47 6

Sat.
8.

26
10
10
12
13
59
29

2
8

2D
39

s.

Liverpool Produce Market.

b.

13

Mon.

d.
6
6

Beef (prime mess)
.# tc. 92
Pork(W't. mess).... #bbl 47
Bacon (l'gcl. m.)new^cwi 40
46
tard (American).... "
61
Cheese (Am. fine).... "

Cloverseed(Am.

Oct.

cotton.

Wed.

Tnes.

s.

Sat.
8.

(spirits)

105

26

Liverpool Provisions Market.

(fine)

105

103

Mon.

Sat.
s. d.

"

106*

103«
108*
106*

15— Str. City

Frl.
96 5-16
93 5-16
108>i

96*

Market. —

Liverpool Breadstufs

"

Thur.
96 3-16

— See special report of

Liverpool Ootton Murkit.

Flour (extra 8 late)

Wed.

Tuee.

95 15-16 95 15-16 9*i 1-16
95 15-16 95 15-16 96 1-16
108
108
108

96 1-16
1 16

account.. 96

|Vol.

d.

85,

78
35

31

31

78

U.S.

Bonds held

as security from Nal'l

B'ks.— July.

Rouds for circulation deposited
Bonds for circulation withdrawn

53

6

Total held fur circulation
Bonds held as security for depo

its

$10,731,400
11,681,400
337,761,600
18,867,000

August. September.
$5,6S3.950
5,75»,900
337,634.650
18,655,000

$2,504,700
2,186,900
888,' 113,450

15,303,000

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

(Eiommemal

axib

MiBttllantoM Neroa.
for thb Wkbk. — The imDortB last

Imposts and Exports
week showed an increase In dry goods and

The

merchandise.

imports

total

a decrease in general

were

against

$5,243,393,

Totnl

now on

Retired under act of January 14, 1875
Total retired under that act to date
Total amount of greenbacks outstanding.

Bank

National

New circulation

Circulation.

Circulation retired

.

week and $5,729,769 two weeks pre- Total circulation outstanding— Currency...
Gold
vious. The exports for the week ended Oct. 23 amounted to
Notes received for redemption from—
$6,623,045, against $5,941,568 last week and $6,373,639 the preNewTork.....
vious week. The exports of cotton for the week ending Oct. 24 Boston
were 8,105 baleB, against 5,217 bales the week before. The fol- Philadelphia
Cincinnati
lowing are the imports at New York for week ending (foi dry Chicago
Miscellaneous
goods) Oct. 18 and for the week ending (for general merTotal

FOBBISN IMPORTS AT

NEW YORK POR THB WEEK.

1374.

1875.

J1.272.170
3,183,748

$1,418,410
2,457,615

1876.
$1,43>,141
2.350,991

$1,382,995

Total for the week.
4.760918
Previously reported.. .. 322,651,331

13,876,055
273,641.519

$3,776,131
231,130,077

*5,243.393
260,S18.534

$177,717,654

$234,906,209

$266,061,917

Drygoods
General merchandise...

Since Jan.

$327,415,149

1

In our report of the dry goods trade
of dry goods for one week later.

The following
from the port

is

will be

1877.

a statement of the exports (exclusive of specie)
to foreign ports for the week ending

New York

of

Oct. 23:

EXPORTS PROM NEW YORK POR THE WBEK.
1874.
$5,552,953
230,099,009
J235,651,963

-.1 l.

„
Portheweek
Previously reported....

8lnceJan.

1

The following

New York

1875.
$5,160,361
196,7.'4.521

$6,62,1,045
33t,876,85i!

$202,184,906

$215,055,980

$228,499,408

show the exports
the week ending Oct.

for

parison of the total since Jan.
for several previous years

1877.

from the port of
1877, and also a com-

of specie
20,

with the corresponding totals

1

:

16— Str. Acapulco
„„. ,„ _. „ „
«Jct. 17— Str. Bothnia
Oct. 18— Str. Wieland
Oct. iO—Str. Donau
Oct. 20— Str. City of Berlin
Oct.

.

Aspinwall

Guatemala
Liverpool

London
London
Liverpool

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

Total for the week
•Previously reported
Total since Jan.

1.

5^643

26 299

67>10
110(00
S3]ooo
ojo
24.028,625

$2^264^

1877

Same time In—

1876

$40,564,035
61.731.663
41,366.774
41,125.112
62,276.907
67,733,061

J£5
}£*
JfZ!
Jfi*
1871

The imports

$4 768

*2w

Same time In—

1870
1869
1868
1367
1866

of specie at this port during the

been aa follows

670,113
92,905,780
359,094,330

demption of fractional currency....
Coin

certificates

34,033,8.i6

357,976,164

837,640
1,123,854
315,336,^38
1,429,130

5,670,000
6,714,000
690,100
48.000

outstanding

1,397,570
1,444,141
315,ill0,938

1,435,770

4.9(7,000
8,236,000

1,356,540
595,599
315,891,949
1,133,120

4,622,000

90,000
315,000
4,544,0U)

3,855.000
7,067,000
695,000
101,000
268,0t0
3.452,000

$17,905,000

$19,000,000

$15,441,000

16,000

8,160,858
37,807,300

8I;8,000

106.901,938
11,-28,537

8,365,412
38,525,400

119,152,048
14,306,417

8,835,468

Nebraska City Bonds.— The St. Joseph (Mo.) Herald
bonds outstanding amount to $400,000, and the

that the

says
city

shows an assessed valuation of property in the municipality of
only $1,000,000. The Mayor and City Council have adopted resolutions which declare that, " we are satisfied that the extreme
limit of our ability to pay will not exceed fifty cents on the
dollar 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
interest, in New York, to run twenty years from date, redeemable after tea years at the option of the city. The proposition
has been sent to the bondholders in New York.

and

1873.
$6,137,931
203.917,939

will

576,000
14,436,553
1.061,383
35,085,068
356,914,93*

Treasury Movements.—
Balance in Treasury— Coin
97,803,995
Curr ncy
9,811,^56
Currency held for re-

3,860,398

found the imports

1,189,940

14,344,836
1.118,056

—

issued

$5,688,223 the preceding

chandise) Oct. 19:

1,484,230
14,425,036

deposit, Including liquidating

banks

$51,546,311

28564.030
66,8 0,194
43,257.369
54,638,333

same periods have

—We call the attention of

investors to the six per cent mortof 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-

gage bonds

ported to earn net over all expenses nearly twice the amount required 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.

—We have received
known

in

pamphlet

from Mr. O. D. Ashley, a gentleman well

street, and an able writer on financial subjects,
entitled " The Best Measure of Value," which is a re-

Wall

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.
of the

1 on th* income and indemnity bonds
Houston & Texas Central Railroad will be paid at the

office of

the

company

in Houston.

THE CHRONICLE.

Octoiskr 27, 1877.J

~NoNatioiial B»nk8 organized during the past week.

DIVIDENDS.
announced
recently beoc

The following dividends have

Itiillroad*.

*

Boat. [Stonii gton), qiiar...

nal

A

Traders' National

Nov. 10 Nov.

2
5

Nov.

1

Nov.
Nov.
Nov.

1

8*

nioDal
il

«H

Hanks.

an Kichange National
io»'

3
4

..

S

Nov.

5

Farmers' Loan

1 1

to Not. 10

1

Oct. 24 to Not.
Oct. S3 to Nov.
Oct. 24 to Nov.

1
1

1

1

-

City

Jll»c •<•

1

Nov.
Nov.
Nov.

iquar.)

Union National

Books CliOaXD.

Cent. P'ABIJt. (Days Inclusive.)

NAME Or CoKPANT.
N. T. Prov.

:

When

Per

1

1
1

1 Oct. 84 to Oct. 31

aneous.

& Trust (guar.)

FRIDAY, OCTOBER

26, 1877-5 P. Bl.
•me Money Market and Financial Situation. Financial
affairs have pursued a quiet course the past week, and no disturbing element has been present to exert any important influThe meeting of Congress is not feared so much as forence.
merly by our bankers 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
be passed by both Houses and receive the President's sanction.
Our local money market has been steadier than last weefe, 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(3)8 per cent.

of England statement on Thursday showed a de
in specie for the week of £89,000, but the reserve was 38f
per cent of the liabilities, against 36J per cent last week. The
discount rate remains at 5 per cent. The Bank of France lost
1,300,000 francs in specie.

The Bank

dine

The last 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
excess 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
:

,
1876.
1875.
Oct. S3.
Differences.
Oct. 21.
Dec
*45,800 1201,968.700 $280,584,700
16.519,900 Dec.
670,400
17.1.16.600
6,408,600
111,300
11,230,300 Inc..
14,836.700
17,816,200
195,561,500 Dec. 1,6 10,100 221,218,200 223,471,700
39.913.300 Dec.
367,500
43,740,200
54,702,900

1877.

,

Oct. 13.
Oct. SO.
Loans and dis. $2SS,»S i,0.X> J238.183.8O0

Specie...

ir,09i>,=00

Circulation ..
Net deposits..
Latal tenders.

18,0sl,ftfl0

11*7.171.600

40,3:6.800

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 depositors in savings banks.
The, inquiry for these bonds has recently
been so marked as to cause quite a scarcity in the small $50 and
issues.
In
view
of
the fact that government securities are
$100
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 wliich were a good many of the 4J per cents.
Closing prices here have been as follows :
Oct.
Int. period.
20.
reg.. Jan.
July. 109'i
coup. .Ian. &July.»110%

Oct.

6«, 1881

Called bonds
6s,5-20s, 1865,n.

& July. *105%
& July. 105%
& July. 107%
coup.. Ian. & July. 108%
.reg.. Jan. Jb July. »109%
coup. .Jan. * July.*109%
reg.. Mar. & Sept. 107>i

1... reg. .Jan.
»s, 5-«>s. 1805, n.i. .coup. .Jan.
&S, 5-208, 1867
reg.. Jan.

1867
1868.

.

..

,1868

Oct.

Oct.

22.

&

68,1881

23.

110

Oct,
25.

24.

110%
110%

Oct.
26.

110

110

»11C%

110%

110%

105%
*105M

105%
105%
108V
108%

105% 105%
105% 105tf
108% 108
108% 108

105%
105%

'109%

109%

* 108

»108%
109*

*H»%

'109-4

110

110%

108%
108%

109% «109% 109'/, "109%
107% *I07% 107H 107 'A
108% «108!4 '108
108%
'10614 106% '116% 106%
107% 107% 107% 107%
«Ks, 1891
105 % 105
105?i »105V
coup. .Quar. —Mar. 105
4fce, 1891
"105% 105% 105
*1C5
105
ir. nMiistered, 1907
Quar.— Jan. 102% 102% id;>,- 102% 102% 102%
coupon
Quar.—Jan. 102 V 102% 102% '102^ 102% 102%
6 «r
reg.. Jan. & July. *120% '120% »120% *1S0>| »ii>6% 120%
£"f ™<:y
•This
Is the price bid; no sale was made at the Board.

5s, 10-408..
5e, funded. 1881
5s. funded, 1881...

i

10.)%

*107%
*108*
reg.. Guar.— Feb.
»1C6K
coup.. Qnar.— Feb. 107% 107%
reg.. Guar. —Mar. 105
105^

coup..Mar.ASept.

108'^
106J4

1

The range

in prices since Jan. 1, 1877,

bonds outstanding Oct.

elass of

1,

1877.

and ihe amount of each
were as follows:
1877—,
Amount Oct. 1.

^-Range since Jan. 1,
Lowest,
Highest
Be, 1881
5s, 1881
6s, 5 20s, 1865,
68, 5-20?, 1S67

«e,
5e,

% Oct
109 K Oct.

reg. 108

coup.

new. .coup. 104%
coup. 106%
5-IOs,1868
coup. 10<%
10-408
reg. i06%

5s, 10-409
68, funded, 1S81

4KM891
4V4s. 1891
«s.

1907

Is,

Currency

coup. 107%
coup. 106*
reg. 103%
coup. 103%

Oct.
Oct.
Oct.
Oct.
Oct.
Oct.
Oct.
Oct.

reg. 10!
reg. 120%

Oct
Oct

6114% Jan.
"

,

Registered.

115% May 86
111% May 17
114J4

May

117'/,

Jan.

26
22

114% Jan. 27
114% Feb. 6
112% .Ian

22

109% July 17
109

106
126

Coupon.

17 $193,996,500

May

17
July 24
July 18

i

88.739.85C
106,597.600
212,189,900
21,786,300

60.9:9.950
98,4.9,000
15,729,500
142,386,650

52',V79.600

219.4^8.650
113,070,750

289,021.700

9,114,500
64.6*1,6121

!

86,939,25"
c8i,50O

Closing prices of securities in London nave been as
follows:
Oct.
Oct
Oct
-Kauge since Jan. 1, '?7.
12.
19.
26.
Lowest.
Highest

—

I

U. 8. 6s, 5-208. 1867

U.S.

5s, 10-JOs

New 5s
New \%

percent*

State

10?tf

107%
*105%
104

!

;

I

I

107%
107%
106

104%

108%
108%
106%
105*

106
107

106% April 25 109 July 11
102;/, May 16 106% Aug. 7

and Railroad Bonds—State

paratively steady on a small business.
been strong for the most part, although

June 25 110% Feb. 6
Oct. 10 110% Feb. 6

b nds have been comLouisiana bonds have
it is reported from New

397

Orleans that the proposal of a foreign syndicate to loan the State
5 per cent bonds, with the proceeds of which the 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
and will be so until after the State election is over. Alabama
consols on small transactions are quoted 89J(<M1 for ** A," 67@
69 for " B," and 39@40 for •' 0." The $4,741,700 of N. Y. City 5
per cent bonds, payable Nov. 1882, were bid for at par to lOO'OOJ.
Railroad bonds are generally strong and in better demand than
usual at this season of the year. Hannibal & St. Joseph 8s have
recovered to 78^(380. Canada Southern coupon bonds have adreported last week that it was currently
vanced to 60@61.'
stated the Delaware & Hudson Canal new mortgage bonds had
been taken by a few gentlemen who were friends of the company,
and it is now said that the Delaware Lackawanna & Western mortgage bonds will shortly be issued. As the latter company will
have 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 noticed 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
securities not sold at the Board

We

SHARES.
Park Fire Ine
125%
BOHDS.
A
$3,000 Sandusky Mansfield
Newark KR. 1st mort. 7
per cent bonds
89%

SHARES.
127
7 Bank of Newburg
165
20 Tradesmen's Fire Ins
200
25 Peter Cooper Fire Ins
1461^
30 Exchange Fire Ins
70
40 Amity Fire Ins
32 Arctic Fire Ins., assessment

10

New

51

not paid

91%
30 Guardian Fire Ins
121
40 Ilanover Firo Ins
103
8 Lenox Fire Ins
105%
6 Home Ins
100 National Trust Co. of N. T.,
73
$100 each

5,000 N. Y. City Additional
Croton Aqueduct 7s stock,
due 1900
111%
Pew No. 114, middle aisle. Calvary Church, Fourth av.

and Twenty-

$930

first at

$17,000 Miss. Cent BR. 2d men.,
"
Feb., 1876, coup, on
81

Closing prices of leading State and Kailroad Bonus for three
weeks past, and the range since J an. 1. 1877. have been as follows:

States.
Tennessee 6s, old
do
6s, new
North Carolina 6s, old

Oct.

Oct.

Oct.

12.

19.

26.

42V4

43

•42%
•42%

•16
•73
•41
do
do 2d series... *40
loe'/i •107
Missouri 6s, long bonds
•73%
74
District of Columbia, 3-65s 1924

•15

70

Virginia 6s, consol

Since Jau.

,

Lowest
42% Feb.

•42% 42
•16* 16%
•70
82%
•41% 38
104

•78%

71

I

1,

1877.

!

,

Highest.
Jan. 11

28 45
Feb. 88 444
Oct. 25 22fs
April 2! 82%
Jan. 16 45
Jan. 23 109%
Jan. 2 80

.1

one T

Jan. 6
Apr. 2
Apr. 11
June 5

June 81

Railroads.
•65
Central of N. J. 1st consol.
:05«
Central Pacific 1st. 6s, gold
Chic. Burl. & Qnincy consol. 7e •110
93%
Chic. & NorthweBt'n, cp., gold
92
Chic. M. & St. P. cons. s. fd, 7s
Chic. R.I. &Pac. 1st, 7s
106%
Erie 1st, 7s, extended
Lake Sh. & Mich. So.2d cons.cp 98
105
Michigan Central, consol. 7s.
116*
Morris & Essex, 1st mort
N. T. Cen. & Hud. 1st, coup... •117
95
Ohio & Miss., cons. sink, fund
Chic. 1st
Pitlsb. Ft Wayne
*97
St. Louis A Iron Mt. 1st mort.
. .

50

5

85

•106

91%
•107
•111
•96

.

&

Mch.

Jan. 5
106
105% Oct. 4 110% June 11
•110% •110% 106 Mch. 16 111H June 14
•92% •93
80% April 11] 94 Oct. 16

66%

66%

•117
•118

Jan. 26'

107% 106

Feb. 28 112

Oct.

6

109
93

Jan. 15 115

June 29
June 29

July 17 102

May

•1C6K

100
113
114

May

117

Jan.

117

2

•118
•98

10

106% Oct. 25

June 7

Feb. 19 118

May

Mch. 5 121
94% 81% June 28 95

•118

•94^
•117

92%

•91% 78
•109
•95

Oct.

24
12

June 23

9 122

92% Mch. 22 103% July 12
105% 103 Jan. 9 108% June 18
94
91%
92% Mch. 31 98% Feb. 6
sale was made at the Board.
Ballroad and Miscellaneous stocks. The stock market
has shown more Btrength in the paBt few days, although closing
There is no
at a decline from the highest prices of to-day.
essentially new feature in the market, and notwithstanding the
recent fluctuations and 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
up to their present figures. As we remarked in our last, the
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 uncertainty, 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 Hann'bal &
until
St. Joseph matter has been postponed in the Missouri Court
to-morrow, and the common stock sold at 12. Quicksilver preferred has advanced to 41 and closed at 40J, on the New York
Supremo Court decision in favor of th« preferred stockholders.
The question of the Ohio & Mississippi election will probably
be determined in the courts,as an important point of law in regard
The following
to voting in coiporations is involved in the matter.
statement for the 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 followB
$t 96,517
Jane
1.008.590
Union Pacific 1st, 6s, gold
sinking fund
do
• This is the price Bid: no
. .

104H

•97%
104%

95

,

—

August
September

"

Total
Total operating expenses,' tu'ei/and"

$4,93M»
ail"

4,150,031

fixed charges

ma.***

Net earnings

Same time last
Increase

1,.."-VM0
1,695,441

year.
..

.

•

#448^5*

.

Total sales of the week in leadtnsr stocks were as follow*
Ohio A
Mtch. Del. L.
Norlh Lake West'n St.
Miss.
Erie.
west Shore. Union. Paul. Cent. * W.
8.cvo

Oct.

20,

22
23
24
25
26

Total

Whoto

4,500
12,200
4.200
3,700
10,200
8,800

40,400
73.200
61.700
44.400
42,264
44.150

86.725
44,306
40.300
35,765
87,711
32,425

mM m&i

43 100 808.114 287.8!2

stoc"k".".::::i5i:03i

10.950
19,6

11.100
9,052
9,800
15,040

5,160
7.450

1,0110

26 900

11,800
15,800
6,800
5,900

2.605
2,924

23,800
30

IM90

•.'.:.>'

25,1

la.'ioo

5,i00

3.900
5,900
2,395

22,168

H

1.1

16,857

3.2.-0

75.572 18,784 147,781 67,850 81.860
153.992 187,382 524,000 780,000 200,000

THE CHRONICLE'

398
The

number

of shares of stock outstanding is given in
purpose of comparison.
The daily highest and lowest prices have been as follows:
total

the last

lino, for

Monday,

Oct. SO.
Tel.

•IS

Central of N.J

& St. P.
pref.
& North.
do
pref.
C. K. I. * Pac.

O. Mil.

37X
68% 69 X
3TX 83%
64S» 65*
35

do

Chic.

101X102

Del.&H. Canal
Del. L.& West

111.

42%
52X
13X
11%
2SX

4!X
60X
13H
11%
24*

Brie....

Ban. & St. Jos
pref.
do
Harlem

20H

'16X 17M
103X 103 '4

CMC. Burl.&Q

# 142

145

76 X 77%
67% 69
61X 65t<
75* 76*

Central...

Lake Shore...
Michigan Cent
Morris &Essex

K.T.Cen.&H.U
Ohio & Miss...

106
10

107

10%
23% 23%

Pacific Mall...

Panama

Qnotations.-

tti.«

Saturday.

At.&Pac.

Vol.

Oct.

Tuesday, jWednea'y, ThurBday,
Oct.

22.

•.... 20
17
17
118 X 103
31 X 85X

100X

101

X

MX
23

33X

75

63X
85X 3>iX
63X 64X
101

135«

11X

11

UK

X

22X

23 X

...

"142X

68X

64X
75X
106%
9X 10X
23% 23X

43 X
50

64

0:t.25.

20

•19X 21
17

45

101% 102%

5*

45X 46%
SIX 52%
12% 13%
11* 12

4

..141% •142
77
77X 77%
67X 68%
68X
66
64X 65
71 X 76X
71X
10SX 106% 106X
9X 10
9X
23X 23% 23%

65

10S

106 x
9X 10X
23X 23%

VH

101X102%

•25

'.

75% 75%

Thursday,

20

77%
70 X

75X

The following
American

9X

10

nx

24%

103

103

102% 102%
102X 103*1
102% 102%
102% 102%

are the

,

i

16,(11^,000

15,9S3,000

1,627,155
1,492,061

1,907,241
1,5:6,403

883, 835

911,101

106,886,001

quotations for gold -in foreign and

@ $4 88
@ 8 88
@ 4 80
@ 4 10
g 16 15
@ 15 60

$4 84

Napoleons

— 96%® — 67%
— 96%@
—
— 93 a — 97%
Mexican dollars.
— 93 @ — 95
94%
English silver
4 75 (& 4 85
Prussian
thalers — 65 ® — 70
Trade dollars
— 96 @ — 67%
Dimes*

84
74
90
65
Mexican Doubloons 15 50
Fine silver bare
119%®
3
4
.
3
Spanish Doubloons. 15

X X Reichmark8
X Guilders

21
'.... 128
16
16X

half dimes.

Large silver,
Five francs

%s &%s
..

silv.

120^
par<a%prem.

Fine gold bars

»X

Balances

,

Clearings.
Gold,
Currency,
$16,064,000 $1,628,336 $1,357,549
10.875,000
836,950
1-51,810
19,803,000 1,292,670 1.331,824

coin:

Sovereigns

103

Total

High Clos.
102% 102%

102% 102% 103
102%
103
10256 108% lOTJj
107% 102% 107% 108%

.

....

106%

108

"
"

Current week.

76% 77X
6«X 71%
6«
67%
76
76 X

67

Low.
102%
102%
102%
102% 102%
102% 102%
102% 102%

Previous week.
Jan. 1 to date

143

142

Op'n
102%
102%
102%

20..
22..
23..
24 .
35..
26..

"

Friday,

10!

% S7X
68% 70
S6X 39X
65
67X

52X
12X 13%
nx 11%
2IX -

23

•19

31

67

ii
50

52%
18X 13%
11X

23

H3X

35X SIX
68X 69%
36% 3-X
65

Tuesday,

103

Oct.

Monday,
"
Wednesday, "

Frldav,
Oct. 26.

16%

17

103X

"10X

76% 77
66X 67X

77

'4%
61X
7*X
101V

85

67 X

100%

24.

1«X 16 X
103X 103X
34
35X
67% 68%
86
36X
64% 61X
100% 101X

103

42X 43X
W:i 51
13X 13X

24

141X

nx

103

41M 42
49* 5;H
13

•19

20X

18

*i6x

65% 63%
33« 37%
61% 61X

Oct.

23.

Saturday,

XXV.

—

Excltan; *• There was a fair demand for exchange
for
Wednesday's steamer, and today a little more activity in consequence
of
the
maturing
of
some
contracts
which
•97
were
to
be
'.'9S
98
98
•9?X 99
American Ex 54
The principal support to the market has been found
54% 54%
54
54% 54% renewed.
54X 54
United States. •17
47
47
47
".... 46%
47X
47
45
45
45
in the demand from bond importers, without which there would
Wells. Fargo
34%
'84
84
K 63% 81
85
85
35
84X ....
Quicksilver.... •ls% 2,)>;
19
19
19
20% UK 19
18
MX !7X 1'X have been little done. Pew commercial bills have been in sight
do
pref,
31% 85% Sj% 38
3IX 35
35X 36
87
41
40
43
the past few days, and having a meagre supply of these, some
•This Is the price bid and asked no sale was made at tue Board.
Total sales this week, and the range in prices since Jan. 1, of the bankers have been reluctant drawers. On the easier rates
for money at 3J per cent in the London open market, demand
1876, were as follows:
sterling was relatively easier.
On actual transactions to-day
Sales
Whole
bankers' prime 60-days' sterling sold about 4.80i,and demand 4.85.
ofw'k.
Jan. 1, 1877, to date.
year 1876.
In
domestic
biils
on
New York the following were quotations
Shares
Lowest.
Highest.
Low. Hirt
to-dayat the cities named: Savannah, buying |, selling i discount;
Atlantic & Pacific Telegraph
15^ Feb. 3 25 Mch. 14 14% 22
Central of New Jersey
925
6
June 11 87% Jan.
20% 109% Cincinnati, fair demand, par, ceiling 1.00 premium CharlesChicago Burl. * Quincy
eis 94
Mch. 19 118% Jan.
l»% 121
ton, easier, f@5-16 discount, j@i discount
St. Louis, 1-10 disChicago Mil.
St. Paul
75,573 11
Apr. 13 42% Oct.
18* 46%
New Orleans, commercial .5-16@f, bank J discount;
do
do
pref..
38,550 40% Apr. 23 72% Oct.
49% 84% count
Chicago * Northwestern
43,100 15
Apr. 13 43% Oct.
31% 45% Chicago, 25 premium Milwaukee, par.
do
do
pref..
30,655 37J£ Apr. 23 69)4 Oct.
55% 67%
Quotations for foreign exchange are as follows:
Chicago Rock Island * Pacific.
10,678 82% Apr. 23 105% Oct.
125

Wat). P.C. R'ts

Union

15%

125
17

*

...

"7%

78JT

1271

15% 15%

MS MM

Pacific.

West. On. Tel.
Adams Exp...

66

'.... 127
16
16%

15% 16%
66X 66 X
73* 80X
97X 97X
54X MX

66

71% T3%

•.... 127

16% 16%
£6% r,x
81X 82X

66« 66*
VX SIX

67% 67X
biS tt%

v-l

..

;

—

,

.

;

;

<fc

;

;

Delaware * Hudson Canal.
Delaware Lack. & Western

21,770
147,789
67,650
2.975
4,100

. .

Erie

Hannibal

&

St.

do
Harlem

Joseph
do
pref

,.

18,724
5,109
31,226
31,S60
5,075

Morris & E-sex
N. Y. Central & Hudson Kiver.

Ohio

&

Mississippi

Pacific Mail

Panama
Wabash Receipts

126

Union Pacific
Western Union Telegraph.

Adams

10,907
2.(110

227,22!

...

Express

American Express

33
,

United States Express
ffells, Fargo * Co.

The

13

4%

Apr. 2
Apr. 17

7
17
135
51(549 40 !4
306,114 45

Hlinois Central

Lake Shore
Michigan Central

June
30% June
25.X

latest railroad earnings,

11

98% 111%
61% 125

74.x Jan.
Jan.
77
15
Oct.

-Oct. 26.

120%
7%| 23%
io% ax
18% 33%
130% 145
60% 103%
48% 68%
64>/,

.

15% July
Apr. 17 33% July

3
3
22

Feb. 19 144
May
Apr. 2 79
Oct. 15
Apr. 23 73% Oct. 8
35% Apr. 2 74% Oct. 15

60 days.

Prime bankers'

London.
Good bankers' and prime commercial
Good commercial
Documentary commercial

1

Antwerp

34 Hi 65%
84
106
96
117%
5
24%

Swiss

91

Apr. 23 105

43% July

S5li

Jan. 27 100
5 55

36

3
Apr. 27

60% Feb.
59% Jan.

81

July 25

90

and the

totals

from Jan.

1877.

.

Chic. Mil. & St. Paul. .3d week of Oct.
269,000
Chic. <fc Northwest... Month of Sept
1,540,OJO
&D.,&c..2dweekof Oct..
9,098
Denv. &Rio Grande... 2d week of Oct
19,579
Grand Trunk
W'kend.Oct. 13. 221,694
.

Clev. Mt. V.

Great Western
W'kend.Oct. 12.
Hannibal & St. Jo.... Month of Sept. .
Houst'n & Tex. Cent. Month of Aug..
Illinois Cen. (Iil.linc).. Month of Sept..

do (Leased lines). Month of Sept
Indianap. Bl.
W...5d week of Oct..
Int. & Qt. Northern. ..3d week of Oct.
Kansas Pacific
2d week of Oct..
Louisv. Cin. & Lex... Month of Au»Lonisv. & Nash., <Sc..Montn of Sept..
Missouri Pacific
Month of Sept..
Mo. Kansas <Sb Texas. .2d week of Oct..
Mobile* Ohio
Mouth of Aug..
New Jersey Midland.. Month of Sept..
Naxhv. C'hatt. & St.L..Month of Sept..
Pad. & Elizabethan... 1st week of Oct.
Pad. & Memphis
2d week of Oct..
Phila. <& Erie
Month of Sept..
St.Jos.& Western. ...Month of Aug..
Sr.L.A.&T.H.(brchs).5d week of Oct..
St.L. I. Mt. & South. 2d week of Oc.
St.L.K.C.*North'n..3d week of Oct.
St. L. <fe S. Francisco .2d week of Oct..
St.L.&S.E'n(StL.div.; 1st week of Oct.
(Ken.div.)...lst week of Oct.
Di „ ". < T enn.div.)..lBtwcekof Oct.
8t. Paul & s. City
Month of \ng.
Sioux City&Sl.Paul. .Month of Aug...
Southern Minnesota.. Month of Sept
Texas* Pac fie
Month of Sept..
Tol Peoria* Warsaw..2d week of Oct..
Wabash
3d week of Oct.
Union Pacific
Month of July..
.

&

.

.

.

*

91,827
211,917
199,875
563,015
191,239
30.432
89,427
91,074
101,491
526,058
347,991
81,943
125,714
f9,027
157,424
6,444
3,191

322,896
53,194
16,008
117,400
87,127
32,494
21,827
8,892
3,921

89,170
24,022
121,851
253,276
27,205
112,558
991,997

Uc Gold Market—Gold has been

,

1676.

Jan.

1

76%
91

Banks

Merchants'
Mechanics'

Union
America

to latest date

Phoenix
City

1876.

Tradesmen's
Fulton
Chemical
Merchants Exch.

7,411
3,038
44,241
26,066
39,flr-6

174,893
33,884
91,651
976,781

141,536
2,168,653

25'M42
397,435
3,257,726
2,482,903
1,025,258
461,150
219,354
116,998
287,423
158,352
425,624
1,606,223
867,918
.•1,553,516

6,987,406

159,915
2.409.S64
243,401
361,248
2,830,252
2,500,839
1,0:0,427
463,788
253,299
113,531
361,554
218,991

441,324
1.189,M)3
1,119,536
3.511,787
6,624,714

quiet about 102J for
the past three days, and so little fluctuation has seldom
been
seen.
On gold loans the rates were 1, i, 1$ for carrying, and
flat and 2 per cent for
borrowing.
The following table will show the course of gold and
gold
clearings and balances each day
of the past week:

1

Gallatin National

3,000,000
2,050,0
3,010,000
8,000,000
1,500,000
3,000,000
1,000,000
1.000,000
1,000,000
600,000

300,000
1,000.000
1,5> (0,000

Butchers'* Drov. 500,000
Mechanics' * Tr.
600,000
Greenwich
2)0,030
600,000
Leather Manuftrs.
300,000
Seventh Ward
800,000
State of N. York.
American Exch'e 5,000,000

Commerce

5.000,000
1,000,000
1,000.000

Broadway
Mercantile

422,700

Pacific

Republic

1500,000

Chatham

Citizens'

450,000
412,500
1,000,000
1,000,003
500,000
3,003,000
600,000

Nassau

1,0110,000

People's
I

North America
Hanover

.

.

Irving

Metropolitan

Market...
St. Nicholas

1,0)0,000
1,000,000
Shoe and Leather. 1,000,000
Corn Exchange . 1,000,000
Continental
1,250,000
Oriental
300,000
Marine
403.000
.

Importers'*Trad. 1,?.00,000
Park
2,000,000
500,000
Mech. Bkg. Ass'n.
Grocers'

B00.000
401,000

North River

East River
330,000
Manuf'rs' & Mer.
100,0 :0
Fourth National.. 3,750.000
Central National.. 2,000,000

Second National..
Ninth National...
First National

300.000
1.500,003
500.0.X)

Third National.. 1,003,000
N.Y.Nat. Exch.. 300,000
Tenth National... .•00,000

Bowery National
New York County
German American
Dry Goods
Total

Discounts.

$

Manhattan Co..

30.3,706

4,838
319,722
43,961
11,538
124,243
81,356
31,802
16,668

Capital.

New York

$65,864 $1,930,663 $1,889,788
25,859
921,193
9V7.807
7,827
183,757
201,369
1,871,876 12,0!S.107 13,136,197
134,205 3,588,220 3,955,963
1,049,871 7,531,512 7,549,622
196,203 6,195,460 6,42j,962
1,182,830
9,035
298,340
11,221
530,375
853,435
201,932 7,156,760 7,372,968
93,281 2,979,427 8,156,772
187,575 1,4)2,374 1,401,745
208,106
4 ; 8,594 8,621,110 4,03j',929
127,698
35,401
977,915 1,191,929
32,946 1,115,067
953,547
78,025 2,460,455 2.3J1.873
701,370
492,178 8,935,636 3,667,986
370,015 2,795,019 2,680,932
81,720 2,463,318 2,413,915
118,096 1,019,415 1,065,534
65,377
498,781
478,352
132,628 1,2:5,060 1,267,962

4.83%@4.M%
4.83
5.20
5.30
5.20

•

@4.84

©5.13%
@5.18%
@5.18%

40%@ 40%

40

91%
94%
94%
94%

"

91

95%
95%

94%@ 95%
94%@ 95%

New

1 to latest

1877.

4.S5K@4.86
4.S4X@4.85%

York City BauU»._The following statement shows the
condition of the Associated Banks of New York City for the week
ending at the commencement of business on Oct. SO, 1877:
—AVERAGE AMOUNT OF
Loans and
Legal
Net
Circula-

67

In the second column.
Latest earnings reported

39%@
98%a
93%@
98%5
98%Q

(guilders)

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

dates, are given below.
The statement includes the gross earnings of all railroads from which returns can be obtained. The
columns under the heading " Jan. 1 to latest date" furnish the
gross earnings from Jan. 1, to, and including, the report mentioued

Atch. Top. & S. Fe...2d week of Oct.. 195,768
Atlantic & Qt. West.. Month of Aug.
422,016
Bur. C. Rap. & North. 3d week of Oct..
8 ',878
Cairo & St. Louis
1st week of Oct.
7,955
Central Pacific
Month of Sept
1,450,535
Chicago & Alton
2d week of Oct..
117,155
Chic. Burl. & Quincy..Month of Aug .. 1,330,249

(fra'ics)

Hamburg

114

8 49%
June 5 79

(francs)

Amsterdam

3 days.

4.80%@4.81%
4.80 @4.80%
4.79 @4.S0
4.78%@4.79%
5.22x@5-20
5.22%@5.20
5. 22 y, ©5. 20

.

Paris (francs)

51% June 18 92!4 Ian. 12
85% Apr. 23 109% Oct. 8
2*4 July 7 11% Oct. 15
12% Apr. 3 26% Aug. 24 16% 39%
80
Apr. 3 130 Mch. 1 122
140
H June 30 20% Oct. 8
59% Jan. 15 73 Mch. 2 57% 74%
56
Apr. 4 84% Sept. 5 63% 80%

HI
885

sterling bills on

250,000
300,0,0
1,000,000
1,000,000

Specie. Tenders.

$

9,004,300 1,515,000
5,900.300
836,100
7.356.8C0
932,300
6,321,200
520,91)0
4,405,000
216,500
8,824,600 1,186,600
2.674,000
182,000
6,249,700 1,201,400
3,194,800
70,600
1,921,000
139,600
9,756.300
676,600
26'i,000
3,116,600
3,443,600
334,000
l,4S5,0O0
65,000
1,702,000
46,800
303,400
2,459,600
274,100
933,000
97,900
1,706,700
332,300
11,455,000
957,000
14,127,300
823,0.10
89.1I00
4,724,400
3,171,900
227,300
2,017,800
35,700
3,360,000
2)5,500
3,185.100
219,010
1,350,900
23.800
2,061.200
65,400
3.K46 000
l-o.coo
1,982,0 :0
18,700
12,192,000 1,0-2;000
1,421,000
54,900
2,114.200
23,300
2,129,400
145,900
2.138,600
6 1,300
171,700
3.711,700
90,600
3,956.100
2,911,200
38,300
10.400
1,302,100
1.702,400
94,800
13,975,000
1W,900
10,681.400
617,900
09,000
18,000
49,300
2,800
958,300
19,100
750,700
11,600
406,100
1.600
12,927,300
412,200
128,000
7,741,000
1,815,000
105,600
4,985,400
5,012.700
862,400
437,000
4,737,100
42,00)
1.170.000
1,214,800
8,300
2,600
1,116,600
1,134,900
lVl',566
2,231,100

$
1,074,500
831.900

774,400
724,600
613,400
1,260,900
466,000
1,176,000
341,600
346.300
8,023,900
635,000
279,000
220,000
135,200
199,600
510,500
154,400
156,100

Deposits.

$
8,025,600
4,585,400
5,534,100
4,699,700
3,098,800
7,063,600
2,421,000
5,000,600
1,726,200
1,434.600
10.171,600
2,637,303
1,910,500
1,137,000
919.600
780,200
2,205,400
942,000
l.?24,500

tioa.

$
38,000
7,500
135.200
120,800
1,100
270,000
79l',306

625,600
45.000
190,000
191,000
2,700
233.200
36.500
45,000
232,000
2,112.400
885,200
45,000

7,005,1 00
1,350,000
1,171,900
5,282,600
632,70)
3,143,100
408,300
2,797,100
381,600
1,851,000
145.700
450,660
1,777,700
465,000
855,000
3,081,000
192,200
1,2)1,300
5,400
198,500
1. 5611.800
418.1(0
596,900
3,052.500
76,100
477,600
1,971,000
90,000
1,303,000 10,056,000
331,000
134.400
1,538.600
3,900
266,100
1,91)1,600
215,400
414,100
1,7*3,800
1, '58,400
497, :oo
294,300
359 900
640,800
3,069,000
4.700
459,000
1.741.500
637,300
491,000
1.954,400
213.500
1.130,100
2C4.900
345,000
1,650,300
3.611,300 14,3-8.500 1,106,400
60,000
2,750,100 13,110,600
.'44,000
295,000
125.000
711,100
178,400
172,300
764, t08
609,900
168,100
461,300
117,200
5,432,300 10,2i39,(JO3 1,052,000
1,6')6,0»0
6,858,000 1,457,000
210,000
484,000
1,888,000
715.S0O
1,217,400
4,877,800
41",500
1,191,403
49,400
817.900
5,268.800
267,600
824,800
192,800
441,100
134,500
518,000
325.000
245,090
871,500
180,000
323,400
1.197.900
3)3,400
2,021,900

t 9,235,300 233,183,800 16,519,90.) 33,919,300 195,561,530 16,230,300

THE CHrlOMCIA

^ .October 27, 1877.]

399

GENERAL QUOTATIONS OF STOCKS AND BONDS.
Y.nk represent the per cent value, whatever tlie par may be; other quotations are frequently made per share.
" g'd," for
gold -go,used. viz.:
vi/„: "
for gout
ror guaranteed;
••lu./'ror
M.," for mortgage; " g.," ror
guaranteed "end.," for endorsed;
endorse
abbreviations
"conn,"
Nations are often used,
" 1. g.," for land grant.
i,,l; conv.." for convertible; "h. f.," for sinking fund
Quotations in Now York arc to Thursday from other cities, to late mail data
Miiixrlbenwlll confer a flavor by Elvlnjj notice of any error discovered In these ((notations.
;

;

;

;

-

Bid.

United States bonds.

MIIII SIATliS HON OS.

I

tv-

6*. 188]

A

.1

coup
is.

1

ne«
new.

966,
-ii.">,

.

1867

Us.

Is63

A
&

.rog.

.1

.

•iiT

10s,

J

coup.
reg..J
coup. .1
rcg..J
coup. .J

.

.

<08

.1

A

•..coup. .J

-1

J

.1

.v

.V

.1

I0'.|:'n

A

.'>s. Ki los
5s, in I"-

J 109%
reg. .MA S 107%
ooup..M4 B 108

5s, fund, d, 1881
5s. fiimlcl. lssl

reg..

Kile's

coup..

107%

Q—
Q—
reg..Q—
coup. Q—

4%s, 1801
4%s, 1 s;i i
4s, 1007

105
105
102

.

rog...

coup

South Carolina— (Continued)—
32
7sof 1888
is, u on -f iindul ile bonds
Var.
1%
58
68, consols, 1893
Tennessee—6s, old, '75-1000. .J A J
6s, new bonds, 1875-1900.. .J & J 42*3
J A J 12'4
68, now series, 1914
.MAS 99
Texas— 6s, 1892
108%
S 110
7s, gold, 1910
MIS',
7s, gold. 1001
J A J Ill's
103
10s, pension, IsPI
Veil
it— 6s, 1878
J 41) 101
107=8 Virginia— 6s, old, 1836^95
& .1 30
6s, now bonds, 1886-1805.. .J A J 30
100%
J A- -I 70
68, consol., 1005
1075s
ex-coup.. 1905... J A .1 58%
6s,
do
105 "4
(is, consul., 2d series
J & J 41
105%
(is, deferred bonds
5%
102 :%
6s, tax coupons

MA
JAJ

A

J 120

:

ti

-5s,

380

A

Various

fundable.

1888

l-:c^

2s of L006, funded "A"
1906, funded, lilt.

••

J

&

J

I

A

.1

n

"C"

<

Arkansas

lis. funded, 1 80S* ..J
7s. I.. It. A Ft. s. issue. nioo.A
7s, Memphis
L. R., 1899. .A
7s. I.. R. P. H.AN.O., 1900..A
7-. M Iss O. .V R. Rlv., 19II0..A
7s. ark. Central RR., 1900.A
7s. i.c-, e of l~7'_'

A

Albany, N. Y.— 6s, long
7s
Allegheny, Pa. Is
6s, 1876-'90

Connecticut— 5a

Kansas

7.s.

Var.

J

1914

V

89

in

S

led,

lis.

A

J

'89.

8
8

defence, 1893. J

&
A
&

do
do

do
do

109

53
53

86% 87
112
112
111

J 111

Ill's

J 110

112

Mlchig.11;

(is,

I

MAN:|l06

AAO'

1888
1878 79

J

&

j

&,

Minnesota— 7s, RR. repudiated
'is, 1S77
J
J
Funding bonds, 1804-95 ....J
Long lids. '82 to '90
J
Asylum or University. 1892. 3
Hannibal A St. Jo., 1886
J
do
do 1887. ...J

&
A
A
A
A
A
A

6s,iss:s

!<>•">

109
107

J 101
j 105
110

Missouri
6s. 1878

39
J 101
jll02
102%
J 106%
107%
J 107
J 106-Th 107
J 105%

J 105%
N. Hampshire—6s, 1892-1905.. JAJ 111
112
New Jersey—6h, 1897-1902. J AJ lol 110
(is, exempt, 1S77-1896
JAJ 102 112
I

.

. .

New YorkBounty

stock, reg.. 1877. ...J

do
bonds, coup., 1877. .J
Canal loan, 1877
do
1878
J
gold, reg., Iss7
j
gold, coup., 1887
J
gold. 1883
J
gold, 1891
J

J

AAO
l,u
AAO
&j
AAO
&j
AAO
AAO
AAO
AAO
JAJ

do
»*,
do
6s,
coup.oir
6s,
do
cup. off
6s, Funding act of lsiiii ....j
oo
5».
1868
6s, new bonds
J
§s,
do
6s, special tax, class 1
6s,
do
class 2
6s.
do
class 3

85
95
91
Waterworks
Augusta, Me.— 6s, 1887, mun..FAAf 105
Augusta, Ga— 7s
Various
Austin, Texas 10s
100
Baltimore—6s, City Hall, 1881. Q— 110
6s,Pltt8.ACon v.RR.,1886.J A J 110
6s, consol., 1890
Q— 111%
6s, Bait. A O. loan, 1890
Q— 111%
6s, Park, 1890
Q— 111%
111%
6s, bounty, 1893
6s,
do exempt, 1803... M A S 115
6s, funding, 1891
J A J 112%
6s, 1900
J A- J 112
6s, West. Md. RR., 1902. ...J A J 112%
5s, consol, lsso
Q— 09
lis. Valley RR., 1886
111
A A

—

MAS

('43) 6s,
do S
('47) fis, at pleas.
Georgetown— Gen'l st'k, 8s, '81...
6s, various
Board P. W., ctfs. Imp. 8s,'76-8. .
Certificates, sewer, 8s, '74-77

A O. st'k

118

ss

97
93
106
102
112
113

.

. .

111%

6s,

112
112
113
117
111
113
111
104
112

JAJ

I

JAJ
MAN

. . .

JAJ
MAN

. .

17
!.;-s

70
is

48

8%
7
7

IA.il His

JAJt 107% HH
JAJI 107% Ills

Cook Co. 78,1880
MANt 103
do
78,1892
MAN'107%
Lake View Water Loan 7s
t 100
Lincoln Park 7s
96
South Park 7s, 1876-'79....J A J 90
West Park 78.1890
95
Cincinnati,
6s, long
Var.M 98
6s. short....
Var.'t 98
7-308
Var.MllOO

0—

Var.'t 108
Southern RR. 7-SOs, 1002. ..JAJt 102
7-30s, new
do
t 101
do
93
6s, g., 1908.. MAN

7s

10

9%

I'l

I'l

Hamilton
do
do

Co., O., 6s
7s, short

.

FAA

(

I

Town,
do

6s,
6s,

City, 7s,

do
do

war loan

Town

Hall

sewerage

6s, City Hall
7s, Q'Hiilpiek

Bridge

Orleans. La. -Premium bonds.
Var.
Consolidated 6s, 1802
Railroad issues, 6s, '75 A '94..Var.

107% New
98
US

Wharf impr.. 7-30s, 1830.. ..J
New York City—
68, water stock, 1876-80....

Purchase also pays accrued interest

100
45

103% 104%
109% 110%

103
100
99

101

100

103%
106
115
10S
106

109
116
111
107
25
110

101% 102%
110
101
101
109
105
101
108
101

111
102
102

110
106
102
109
106

109% 110
97
102
100
98
97

100
104
102

98%
98

109% 110
94
103

100% 107%
101% 102%
75
101
108

80

102%
109

30% 33
31
31

33

31%
60
95

65
100

104% 105
106

107

20
20
39
30
70
70

45
50
80

102
109
111
110
101
103
100
100
100
115
100
101

77%
104
110
112
111
105
109
102
102
101
117
101
104

34% 36
37

AD

39

60
100
100
100
103

103
103
102
106
111
103
106
mi
115
118
7s,
103
103
109
lis,
96
100 103
5s,
100
108
6s,
118 119
7s,
HO
107
103
6s,
109
6s, floating debt stock,1873..<J—F| 101% 102
102
118
7s, market stock. 1 391-97. .M AN 116
102
105
(is. improvem't stock, 1889. M A N 101
111
112
114
1879-90. M
do
7s
106
112
6s, gold, eons, bonds, 1901 MANt HO
6s, street impr. stock. 1833. M A N 102% 105
'79-82.MAN 104 107
do
do
7s!
70
110
109
6s, gold, new consol., 1896
103
106
107
T-. Westchester Co., 1891
107
112
111
JAJ
Nowton—6s, 1903
85
JAJ 102% 103%
5s,1905
101
93
Norf oik, Va.—6s, rear. stk,'78-83 JAJ 90
110
Var. 105
8s, coup., 1890-93
109
115
111
8s, water, 1901
111%
100
100

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

1877-79....
do
1890
do
1883-90....
do
aqueduct stock, '84-1911. J .
pipes and mains. 1900. .M A N
reservoir bonds, 1907-'11.Q— t
Cent. Park bonds, '77-93 Q -F
'77-95. Q—F
do
MAN
dock bonds, 1901
„.M_*N
1905
do
.

t

'

late transactions.

104

106

85

98
35

Indianapolis, Iud.—7-30s,'93-90. JAJ 105

Jersey City—
6s, water, long, 1805
7s,
do 1809-1902
7s, sewerage, 1877-'79
J A J
7s, assessment. '77-70. J A J-MA N
7s, improvement, 1801-'94
Var.
7s, Bergen, long
J A J
Hudson County, 6s
AAO

i

Ills

100

20

funded

JAJ

JAJC107

75
90
85

lot

100
104
104
80
95

. .

5s, 1894, gold
FAAt
Fitchburg, Mass.— 6s. '91.W.L. .JAJt
Fredericksburg, Va.—7s
Man
Galveston, Tex.— 10a, '80-'95 ..Var.
Galvest'n County.lOs, 1901.J A J
Georgetown, D.C.— See Dist. of Col.
Harrisburg, Pa.—6s, coupon
Var.
Hartford, Ct.— City 6s, various
Capitol, untax, 6s
Hartford Town bonds.Os. untax.
Haverhill, Mass.— 6s, '85-89
AAOt
Houston, Tex.— 10s

t

7s, sewerage, 1892-'95
7s, water, 1S90-'I>5
7s, river impr., 1890-'95
7s, l890-'95

102
94
102
102

74%

104
104
104
104

East Saginaw, Mich.— 8s
Elizabeth, N.J.— 7s,Imp.,'76-86.Vart 97
97%
7s, funded, 1880-'95
96
Var. 95
7s, consol., 1885-98
96
97
AAO
Fall River, Mass.— 6e, 1904. FA Al 10S% 108%

t

1 1

no

2-

do

'

—

I

;

<

Ccrtifs.of st'k ('28) 5s,at pleas.

101 34!
do
7s.MASuudJAD
105
Bayonne City, 7s, loug
JAJ
107%' Lawrence, Mass. — 6s, 1804. ..AA Ot
Long Island City, N. Y
105
Louisville, Ky.— 7s, longdates. Var.t
105
7s, short dates
103
Var.
6s, long
5s, 1897, municipal
Var. t
100% 101
Belfast, Me.— 6s, railroad aid, '98.. * 102% 101
6s, short
Var. t
Lowell, Mass.— 6s, 1894
MANt
Boston, Mass.— 6s, eur,long,1905 Var! 110
111
Lynchburg, Va. 6s
6s, currency, short, 1880
J A J
Var.l 104% 105
5s, gold, 1905
110%
8s
J A J
Var.; 110
FAAt
Sterling, 5s, gold, 1893
AAO: 104 100 Lynn, Mass.— 6s, 1887
do
5s, 1882
MANt
5s, gold, 1899
JAJ 103 105
do
5s, gold, 1902
A&O! 104 106 Macon, Ga. — 7s
Brooklyn, N.Y.— 7s, '77-80....J A J 101
106
Manchester, N. H.— 5s, 1882-'85...
1
6s, 1891
7s, 1881-95
J A J 105 112
Memphis, Tenu.— 68, old, C...J A J
7s, Park, 191 5-21
117 119
6s, new, A A B
7s, Water, 1003
J A J 117 119
6s, gold, fund., 1900
7s, Bridge, 1915
J A J 117 119
6s, Water, 1902-5
6s, end., M.AC. KB
J A J H it; 109
6s, consols
JAJ
6s, Park, 1900-1924
J A J 106 109
Milwaukee, Wis— 5s, 1891.... J A D
Kings Co. 7s, 1882-',89
109 112
Var.
?s, 1896-1901
do
6s, 1877-'86
105 107
106
J A J
7s, water, 1902
Buffalo, N, Y.— 7s, 187G-'80.
Var. 103
110
Mobile, Ala.— 8s
J A J
7s, 1880-'95
Var. 102
114
5s
7s, water, long
Var. 110
6s, funded
6s, Park, 1926
MA 8 10 103
Montgomery, Ala.— 88
J A J
Cambridge, Mass.— 5s, 1889...AAOtil03% 105
6s, 1894-00, water loan
JAJI 111% 112% Nashville, Tenn.—6s, old
6s, new
Camden Co., N, J. — 6s, coup
* 103
Var.
109
Newark— 6s, long ..i
Camden City, N. J.— 6s, coup
* 111
Var.
116
7s, long
7s, reg. and coup
Var,
68
7s, water, long
Charleston, S.C.— 6s,st'k,'76-98..Q-J 66
New Bedford, Mass.— 6s, 1893 ... t
80
83
7s, tire loan bonds, 1890.... J A J
t
N. Brunswick. N. J.— 7s
7s, non-tax bonds
96
N'ewburyport, Mass.— 6s, 1890
Chelsea, Mass.— 6s, '97,waterl.FAAt 108% 109
N. Haven, Ct.—Town, 6s, Air Line.
Chicago, 111 —6s, long dates. .JAJ h 102

I

Price nominal

6s, '78..Var,
. .

Chos.

102

JAJ 102
JAJ 102

Fund, loan (Cons.) 6s, jr., '92.
Fund, loan (LegT)68.g., 1902..

101%
101%

58, new ,1916
101%
'Bangor, Me.—6s. RR.,1890-'94. Var.t 101 i'l
6s, water, 1905
JAJf 107
6s, E.AN.A. Railroad, 189-1.. JAJ 104%
6s. B. A Piscataquis RR..'99.AAOi 104
Bath, Me.— 6s, railroad aid
Var 102%

100
long 7s A 7-30s t 105
1'4
Cleveland, O.— 6s. long
Various. 105
Ohio—Os.1881
105% 108%
101
30-year 5s.
6s,188(i
j & j His
111
lis, short
Various. 100
Pennsylvania— 5s, gold. '77-8.. FAA mi
mi
7s, long
Various t 107%
6s, cur., reg., 1S77 '82
FAA*
7s, short
Various 105
5s, now, reg., 1892-1902
FAA 107% 108% Special 7s, 1876-'81
Yearly 101%
10-15, reg., 1877-'82
FA
A 103% 101 Columbia. 8. C.— 6s. bonds
50
6s, 15.25, reg., 1882-'92
-.
110% 111% Columbus, Ga.—7s, Various
Var. 60
Bhixle Island— Cs, 1882
MAS! 106
Covington. Ky.— 7.30s
t 101
6h -1*
FAAtlll% 112% sa
t 105
q
South
aroliua—6s
J A J 30
Dallas, Texas-8s, 1901
82%
Ad 30
A
10s, 1883-96
100
B-v-'ij
6s, funding act, 1866
J A J 30
Dayton. O.— 8s
t
6s, Land C, '89
J & j 40
Detroit, Mich.— 7s, long
Var.t
6s, Land C. 1889
AAO 40
7s, water, long
Var.t 109%
"

Washington— 10-year

112
113

A.I

I

AJ
AJ
tt j
AJ
AJ
A J lis
AAO lis
J & J lis
'0S-'98..J A J 16%
AAO 1688
J & J 70

gold. 1892
gold, 1893
N. Carolina—6s, old,
6s, old

•s,NC.EB

A

42<%

42%
100

74
1

JAJ 102

MAN
MAN

MAN

7s, ls'.ni

42%

Ask.

FAA 73% 74%

do
reg
Perm. Imp. 6s, guar., 1891
Perm. Imp. 7s, 1891
Market stock lids, 7s, 92
Waterstock bds, 7s, 1901
do
1903

I

Var. U0'4 110%
JAJ;|100 108

ism

1880

,

Q— 107 109
188O-'90
98
105
(5—
etts— 5s, 1878, gold.JAJI 103% 104%

5s, gold. Ion;;
5s, g., sterling, ls<n

6s,
6s,
6s,
6s,
6s.
6s,
6s,
6s,

•

4
4

111
J 110

JAJ
JAJ
JAJ 100
JAJ 90

Allegheny Co., 5s

5

AA Of

7s,

Various 110
Various 109

Atlanta, Ga.— 7s
Do. 8s

22

JADI 111

1889

(is,

6s, exempt. 1887
J
6s, Hospital, 1882-87. ...»..J
6s, 1890
5s,

69

mi

lionils.fundalile.Var.

8s, non-fuudable

-lis.

•11

117

10a

Kaine— Ktmnty.
War
Maryland

39%

•I

aA

7s. "76 to '99

consul.

Wharf

J A .1 101
J A J Ml
JAJI 102

1879

Kentucky— 6a
Xouisiaua— Old

New

AO

38 "a
20

AAO

1885

lis

Florida— ('oiiboI. gold 6s
Georgia- 8s
7s, new bonds
7s, endorsed..
7s, gold bonds
8s, '76. sij
Is—6s, coupon,
War loan. 1880

J

—

.'IK'S

Bid.

Consol. 3-038, 1924, coup

62

CITV 8ECIUITIES.

121 '4

6
g.102 104
107 108 %
110
113
JAJ •100 110
75
J & J 7(1
FA A 97% 99
J & J 10634 109
104% 107
Q— 105% HMi

i

6s, untaxable,

&

AO
AO
AO
AO

1-/.

City Secekitfes.

Columbia—

Dist.

1

STATE SECURITIES,
AJabann

JAJ

1023*

.

reg.. J

irrenoy

Ask.

Bid.

1

110%

J 105is
105 %
ins
.1
His
.1

&

State Securities.

Ask.

.

AN

MAN

In London

THE CHRONICLE.

400

XXY.

[Vol.

GENERAL QUOTATIONS OF STOCKS AND BONDS— Continued.
For Explanations See Notes
City Securities.

Bid.

A&O

Norwich, Ct.— 5s, 1907
Orange, N. J.—7s
Oswego.N. Y.— 78
Paterson.N. J.— 7s, long
Petersburg, Va.—6s

Head

of First Page of Quotations.

Railroad Bonds.

Ask

Bid.

& Maine—7s. 1893-94. J&J tll0% 110%
& N. Y. Air L.—1st 7s
99
& Providence—7s, 1893.J&J (115 110
*8
Bruns'k & Alb.— 1st, end.,6s, g.A&O

103

Bost.
Bost.

Var 106
J&J 95

Buff. Brad.& P.— Gen. M.7s,'96. J&J •45
Buff.N.Y.&Erie-lst M.,7s,'77.J&D 102%
J&D 102
Large bonds

J&J

Railroad Bonds.

Ask.

Boston

tlOl

fl03

8s

at

55

&

Bid.

Ask.

50
102
98

60
103
101

43

50

A&O

Cin.
Springf.— 1st, 7s, 1901.
Cin. Laf.& Ch.— 1st, 7s,g.,1901.M&S
Cin. Ham.&D.— 1st M., 7s,'80.M&N

2d mort.,

1885
J&J
Consol. mort., 7s, 1905
A&O
Cin. H. & I., 1st M., 7s, 1903.J&J
7s,

& Chic— 1st, 7s, '95. J&J
83
7s, g. J&D
55
60
Buff.N.Y.&Phil.— lat,6s.g.,'96.J&J
an. Sand'ky & CI.— 6s, 19»O..F&A 150
65
Bur. C. R.&North.— 1st, 7a, K.M&N
J&J
78,1887 extended
M&S t72 73
6s, new, reg
Mil. Div., 1st M.,7s,g., 1902.F&A
23
Consol. mort. 7s, 1 890
Pittsburg, Pa.—4s, conp.,1913..J&J
J&D 130 35
J&J 10
Pac. exten., 7s, g., 1909
Clev. Col. C. & I.— 1st, 7s, '99. M&N 110
J&J
5s, reg. and coup., 1913
93"
Muse, exten., 7s, g., 1908.. .M&S
12
Consol. mort., 7s, 1914
J&D {91
7s, water,reg.&cp.,'93-'98...A&0
J&U 58
Var
lst 5s, new
60
Belief. &Ind. M., 7s, 1899... J&J
7s, street imp., reg, '83-86
Bur. & Mo. R.— L'd M., 7s, 93.A&0 (109% 110
Clev.&M. Val— 1st, 7s. g., '93. F&A •90
Portland, Me.-6s, Municipal. ..Var
95
Conv. 8s, various series
J&.I (110% 112%
Var
8. F. 2d mort, 7s, 1876
Railroad aid
M&S 88 93
Bur.&Mo.(Neb.)-lstM.,8s, 94.J&J (107% 107% Clev. & Pitts.—4th M., 6s, 1892.J&J 106
Portsmouth, N. H.— 6s, 1893, KB..
J&J (97
8s, conv., 1883
97% Consol. S. F., 7s, 1900
M&X 111
Poughkeepsie, N. Y. —7s, water
15
Bur.& South w — 1st M.. 8s.'95.M&N
18
Clev. Mt. V. & Del.— 1st, 7s, g. .J&J 1U6%
Providence, E.I.— 5s, g.,1900-5. J&J
Cairo & St.L.— 1st M.,7s, 1901.A&O
Colorado Cent.— let, 8s, g., '90. J&D >flO0
J & J
6s, gold, 1900
Cairo & Vine.— 1st. 7s, g.,1909.A&0 J20
Col. Chic. & I. C.— 1st, 7s, 1908.A&O
M& 8
30
36
6s, 1885
39%
Califor. Pac— 1st M.,7s, g.,'89. J&.I
87
J&J
90
2d mort., 7s, 1890
F&A
Richmond, Va.— 6s, old
9
69
2d M.. 6s, g., end C. Pac, '89.J&.I
Chic & Gt. East., 1st, 7s, '93-'95
...J & J
71
58
8s
Exten., 7s
J&J
Col.& Ind. C, 1st M., 7s, 1904. J&J
50
Rochester, N.Y.—6s, '76-1902. Var.
70
78
Camden & Atl.— 1st, 7s, g., '93.. J&J 104
J & J
do
7s, water. 1903
2d M., 7s, 1904.M&N *
65
A&O 94
2d mort., 7s, 1879
Un.& Logansp.,lst,7s, 1905. A&O *59" 61
Rockland, Me.— 6s, '89-99.RR.F&A
Cam.& Bur. Co.— 1st M., 6s.'97.F&A 100
T. Logansp. & B., 78, 1884.. F&A
Sacramento, Cal. —City bonds, 6s
62
Canada So.— 1st M.. 7s, g.,1906. J&J
58
Sacramento Co. bonds, 6s
60
Cin. & Chic A. L., 1880-'90
111
A&O
1st M.. with int. certs
Ind. Cent., 2d M., '10s, 1882. J&J
Salem, Mass. —6s, long
60
101%
F&A (104 105 Col. & Hock. V.— 1st M., 7s, '97. A&O 101 103
J&J'(102% 103% Cape Cod— 7s, 1881
5s, 1904, W. L
91
20
Var.
Carolina Cent.— 1st, 6s.g., 1923. J&J
1st M., 78, 1880
St. Joseph, Mo.—7»
J&J 100 101
98
2d M., 7s, 1892
Bridge 10s, 1891
J & J (95
Carthage & Burl.— 1st, gs, '79.M&N (101 101%
J&J 90
104
Catawissa— 1st M.,7s, 1882. .F&A
Col. Springf.&C— let, 78,1901. M&S
St. Louis, Mo.— 6s cur.,lg. bus. Var. H 03
40
VarJtioO 101
F&A 103 103% Col. & Xenia— let ML. 7s,1890.M&S 102 105
6s, short
New mort., 7s, 1900
Water 6s, gold, 1887-90... J & D (107 108
Cayuga Lake— 1st, 7s, g., 1901.J&D
Conn. & Paeeump.— M., 78, '93. A&O (103% 104
10s
Cedar F. & Min.— 1st, 7s, 1907. J&J
85
do
do (new), 1892. A& O tl07
Massawippi, g., 6s, gold, '89 J&J *t ....
90
8s, special tax.

Philadelphia,
6s, old, reg

J&D 107% 107%

New bonds, 1916

J&J
J&J

Pa.— 5s, reg

Cin. Rich.
Cin. Rich.

& F. W.— 1st,

. .

,

.

107 108
Bridge approach, 6s
108
Var. 1 107
Renewal, gold, 6s
Sewer, 6s, gold, 1891 '93. ...Var. tl07 108
St. L. Co.— Park, 6s, g.,1905.A & O 1 106 is 107%
Currency, 7s. 1887-'88....Var. tl07
1

St.

Paul,

Minn.—

&D
M&N

'88'90. J

6s,

.

78,1874-90
8s, 1889-96
8. Francisco— 7s, g.,City
Savannah, Ga.— 7s, old

Var

& Co. .Var.

Cedar R.& Mo.— 1st, 7s,
1st mort., 7s, 1916

..F&A (100 100% Conn. Riv.— S.F. IstM., Os, '78. .M&S '(101 102%
M&N (99% 100 Conn. Val.— 1st M.. 7s, 1901. J&.I 54 56
08
LOO
Conn. West— 1st M., 7s, 1900. J&J
26
28
27
Connecting (Phila.)— 1st, 6s ..M&S 100 102
30
109% 109% Cumberl.Val.— 1st M.,8s,1904.A&0
MAN 63 64 Danb'y&Norwalk—7s, '80-92. .J&J
7s, conv
Q—
66
Consol. M., 7s, 1899
67% Danv. Haz.& W.— 1st, 7s, '88.. A&O 20
SO
J&J 42
Dan. Ur. Bl. & P.— lst.7s, g...A&0
Am. Dock & Imp. Co., 7s
50
22
25
L.&W.Coal,cons.,7s,g'd,1900q-M
33%
Da vton & Mich— 1st M., 7s, '8 1..T&.I 101 103
M&S 95
Cent. Ohio— 1st M., 6s, 1890.. M&S 100
100%
2d mort., 7s, 1887
OS
A&O 90 95
Cent. Pac(Cal.)— 1st M., 6s, g..J&J 105=8
3d mort., 7s, 1888
so
J&J 100%
75
State Aid, 7s, g., 1884
Davt. & West.— 1st M.,6s, 1905. J&J
J&J
Conv. 7s, 1883.
1st mort., 7s, 1905
J&J t85
90
'91.

.

Cent, of Ga.— 1st, cons., 7s, '93. J&J
Cent, of Iowa— 1st M., 7s, g
Cent, of N.J.— 1st M., 7s, 1890.F&

108
52
52
Somerville, Mass.— 5s, 1895. .A&O tl02% 103
6s, 1885
J&J 1 106 107
A&O't 109% 110%
6%s, 1 884
S.Joaquin, 1st M.,6s,g.l900. A&O
112
Springfield, Mass.— 6s, 1905..A&OJU11
Cal. & Oregon, 1st, 6s, g., '88. J&J
7s, 1903
A&O (117% 118
Cal.&Or. C.P.bonds,6s,g.,'92 J&J
95
Stockton, Cal.— 8s
Land grant M., 6s. g., 1890. A&O
Ig.90
Toledo, O.— 7-30s, KR., 1900. M & N" 102
West. Pacif., 1st, 6s, g., '99. J&J
110% Charl'te Col. & A.— 1st, 7s, '90. J&.I
88,1877-89
Var. 109
8s, water, 1893 & '94
Var. 110
Consol., 7s, 1895
J&J
Washington, D.C. See Dist. of Col.
Cheraw & DarL—1st M.,8s,'88. A&O
Wilmington, N.C. 6s, gold, cou. on
80
60
2d mort., 7s
80
90
8s, gold, cou. on
Chesa.& Ohio— 1st, 6s, g., '99. M&N
Worcester, Mass.—6s, 1892... A&O tllO% 111
1st, 6s, g., 1899, ex coup....
Yonkers, N. Y.— Water, 1903
108 110
J&J
2d mort.. 7s, g., 1902
Va. Cent., IstM., 6s, 1880... J&J
J&J
do
3d- M., 6s, 1884.
BONDS.
do
4th M., 8s, 1876 ..J&J
Ala. Cent.— 1st M., 8s, g., 1901. .J&J
35
25
funding, 8s, 1877. J&J
do
Ala.& Chart.— 1st, 8s.g.,g'd,'99.J&J
8
7
J&J
Cheshire— 6s, 1896
45
7s, receiver's certificates
20
J&J
6s, 1880
Ala. & Tenn. Riv.— 1st, 7s
Chester Val.— 1st M., 7s, 1872. MAX
Alb'y & Susq.— 1st M., 7s, '88. .J&J 108% 109
Chic & Alton— 1st M„ 7s, '93.. J&J
2d mortgage, 7s, 1885
A&O 93% 95
Sterling mort., 6s, g., 1903.. J&J
3d mortgage, 7b, 1881
M&N
A&O
Income, 7s, 1883
Consol. mort., 7s, 1906
A&O 52
Chic. B. & Q.— 1st, S.F.,8s, '83. J&J
Allegh. Val.— Gen. M.,73-10s..J&J 106
107%
J&J
do 7s, 1896
East, exten. M., 7s, 1910. .A&O
80
84
J&J
Consol. mort., 7s, 1903
Income, 7s, end., 1894
A&O 42 43
J&D
Bonds. 5s, 1895
Amer'n Cent.— 1st M., 8s, '78. .J&J tlOl 101%
A&O
5s, 1902
Ark. Cent.— 1st M., 8s, g., '91 .J&J
10
Chic. & Can. So.- 1st, 7s, 1902.A&O
Atch'n& Pikes P.— lst,6s,g.'95MAX 30
35
Chic Clin.&Dub.— 1st, 8s, '96. J&D
Atch'n &Neb.— 1st M., 8s, '96. MAS
Chic Dan.& V.— lst,78,g,1909.A&0
Atch.Top.&S.F.— l8t.78,g.,'99.JA.I >88% 88%
Ind. Div., 1 et M., 7s, g., 1912.A&0
Land grant, 7s, g., 1902
A&O >79% 80 Chic Dub.& Min.— 1st, 8s, '96. J&D
g.107

40
40

Var.
Var.

new

7s,

85% 85% Delaware— Mort., Os.g'd, '95. J&J
86%
Del.& Bound B'k— 1st, 7s,1905F&A

—
—

RAILROAD

.

g.,

1903. . .A&O

t49>4

49=8 Chic.

Land income, 12s
J&J tl00% 101
Atl'ta & Rich'd A. L.— 1st, 8s. J&J
40
SO
Atl.& Gt-West.— lst,7s. g. 1902.J&J

t24

2d mort., 7s, g., 1902
M&S
3d mort.. 78, g., 1902
M&N
Leased L. rental, 7s, g., 1902.J&J
do
do 7s. g., 1903.J&J

;n

:s%
136
tl6
125
!25

certifs, 8s, 1876.. J&J
do
do
7s, guar. Erie
Gulf—Cons. M., 7s, '97.. .J&J
Consol. M., 7s, end. Sav
1st mortgage, 7s, end
J&J
Fla., 1st M. 7s. 1889.M&N
a . Ga.

West. ext.

AO.&

67

Chic.

26
13

20
20
& St. Law.—St'g 2d, 6s ,g. A&O 1101
Bald Eagle Val.— 1st M., 6s,'81.J&J
Baltimore & Ohio— 6s, 1880... J&I *103%
6s, 1885
A&Oj*103%
Sterling, 6s, 1895
M&S 106
:

g.,

1902.

.M&S 106
1

do
6s, g., 1910. M&N 108
Pot'c—1st, 6s, g., 1911. J&J 83

&

68,1895

,

Boston* Lowell— New 7s, '92. A&O tl07
do 6s, 1879
A&Of*| 100
Price nominal

J&J 1 100
;

no

1901..I&J

SO
78

73
103
85

75%

75

97%

t97

t97% 98

110
85

late transactions.

18

50
t65

5

97%

102%
75
8
115
"98"

M&S

& Pac—

13%
107%
100%
100%;

W.—

F&A

M&N

& Indiana— 1st M.,7e,'92.J&D
2d mort., 78, 1882-87
J&J

Cin.

The purchaser

also

pays accrued

Detroit* Bay C—lst,8s.l902.M&N *35
1st M., 8s, end. M. C, 1902. M&N *(65

M„ 8s, '91..J&J

40
70
25

M&N
M&N

40
40

Riv.

&

111.—

Det. L. & North.— 1 st. 7s. 1 907. A&O t70
Detr. & Milw.— 1st M., 7s, '75.
;30
2d mort., 8e, 1875
;30
Det.&Pontiac, 1st M.,7s, '78.J&J
69
do
3d M., 8s, 1886.F&A
Dixon Peo.&H.— IstM., 8s,'89.J&J (104
Dubuque& Sioux C.—lst,7s,'83. J&J 102
J&J 102
1st mort., 7e, 1894

.

Railway—

1897
2d mort., 7s, 1879
3d mort., 7s, 1883
4th mort., 7e, 1880
5th mort., 7e, 1888
Sterling, 6s, gold, 1875
1st cons., 7s, gold, 1920
2d cons., 7e, gold, 1894
Debentures, 7s, g., 1903
Recon. trustees' certs., 7s

. .

7s,

M&S 104
M&S 104%
A&O 101
I&D 104
M&S 181
I&.I
:si
J&D ;42

.

.Q—

1893. J&D

;4l
141

105

si

1183%

08
80
A&O
Equipment. 7s, 1890
Europ'n & N.Am.— 1st, 6s, '89. J&J
MAS
Laud gr., 6s, g
Bangor & Pise 6 & 7s, '99. .A&O
Evausv. & Crawf.— let, 7s, '87. J&J 100
50
E\ ansv.T.H.&Ciii.— 1st. 7s, g.M&N

50*8

75

103%
70
115
104 7»
s;j

83
44

43
43

Flint* PereM.— Ist.l.g.Ss.'sS.:M&X
Cons.S. F., 8s, 1902
Flint & Holly, 1st, 10s, '88. M&X

M*N

Bay C.&

E.

*78

*70

M&S
Cent. L. I., 1st, 7s, 1902
Cent, exten., 7s, 1903
Ft. W. Jack.
1st. 88, '89. .J&J
Ft.W. M1111.&
1st, 7e, g.,'89.A&0

70

Fraui'gham & Lowell— 1st, 7a, 1891
do
(Botes), Ss, 1883
Gal.Har.& S. A.— lst,6e,g. 1 9 1 o. F&.A

(70

&S—
C—

M&N

Ex

96

90
65

0:1

J

Greenv. & Col.— 1st M., 7s, "guar
Bonds, gnat
Hack's'k&N.Y.E.— lst,7a,'90.M&N

In London.

H In Amsterdam.

103
65

82
30

•50

Sag.— 1st, 10s„82.J*J 100
60

Holly W. * M.— 1st, 8s, 1901.J&J
Flushing & N. S.— 1st, 7, '89.. M&N
MAX
2d mort., 78

lstM.,78, l.g., gold.not guar. A&O
land grant, 1st 7s. '99

106%

78

.

.....

80

70
80
75
50
75

50

80
(ial.llous.&ll.— 1st. 7s, K..1902..I&.I
76
75
J&J 100
107% 107% Georgia RR.—7e, 1876-90
104
Gilman C1.& Sp.— 1 st,78,g. 1 OOO.M&S ;55
100% 106"8 Gr.Rap. & Ind.— 1st, l.g., g'd, 7s, g. 92

interest.

92
80
85
53

Erie & Pittsb.— 1st M., 7s, '82. J&.l
J&J
Cons, mort,, 7s, 1898

100% 107%

n

105
103
12

.

M&X

let mort., 7s,

Long Dock mort.,

107% 107%
A&O 1189% 89%
1188% 89%

&

85
90
95
02

1

&

Mil., 1st M., 7s, '98. .J&J
Madison ext., 7s, g., 1911...
Menominee ext., 7s, g., 1911.J&D
La C. 'ir.& P.; lBt M., 10s,'78.A&O
Northw. Un.,lst, 7s,g.. 1015.
Chic
Pad.— 1st M., 7s, 1903. J&J
Chic Pek.& S.W.— 1st, 8s,1901 .F&A
Chic. R. I.
1st. 7s, '96. J&J
S. F., income, 6s, 1895
6s, 1917, coup
J&J
6s,1917,reg
I&.I
Cuic.& 9.
lst,7s, g. g'd.'OO.
1st M., 7s. g„ -00. Atc.h. Hi- J&I)

Chic.

50
45

Erie

6
20

t

Var.

Gal. &Chic ext.. 1st, 7s.'s2.F&A
Peninsula, 1st, conv.,7s,'98.M&S

45
40
ir

—

45
4

99

101

Dunk.A.V.&P.— lst,7s,g..l900J&D 100
Dutchess & Col.— 1st, 7s, 1908. J&J
8
!107
East Penn.— 1st M., 7s, 1888 M&S *102
01
102
E.Tenn.Va.& Ga.— 1st. 78.1900..I&J
70
113
115
E. Tenu. & Ga., 1st, 0s,'80-S6.J&J
70
E.Tenn.& Va.,cn<L,6s, 1886. -M&X
1 10838 108%
Y;u\
52
110%
En stern, Mass. 7s, old
t90
91
New M., fund., 3%s, g.,190G .M&S t.50%
89
Sterling debs., 6s, g., 1906. M&S t70
20
Elmira& W'msport— 1st, 7s,'S0.J&J 102%
90
18
A&O *50
•jo
5s, perpetual

& Dak., 1st M.,7s, 1902. J&.I 91%
& Mil., 1st M.. 7s, 1903.J&J 100%
1st mort., consol., 7s, 1905.. J&J
91% 92
Chic &N.W.— S.F.,lst, 7s,'85.F&A 107=8 109
Interest mort., 7s, 1883
MAX 106%
Consol. mort., 7s, 1915
Q— 107 107%
Exten. mort., 7s, 1885
F&A 105
1st mort., 7s, 1885
F&A 107%
Consol., gold, 7s, cp., 1902.. J&D
93
93%
do
do
reg
92
Iowa Mid., 1st M„ Ss, 1900. A&O
100

105
104
108
108

97

W.—2d M., 7e, '81. M&S 104%

Lack.&

J&D
Convertible 7s, 1 892
Denver Pac— l8tM.,78,g.,'99.M&N
Den.& Rio G.— 1st, 7s, g.,l900.M&X
Des M. & Ft. D.— 1st, 6s, 1904. J&J

115
108

Cliic.

25
25
103

Del.

Det Eel

90
73
80

96
90
La. C, IstM., 78,1905
J&J 103
I. &M., IstM., 7s. 1897
J&.I
94
Pa. & Dak., 1st M., 7s. 1899.J&J
91

J&J tl05% 106%

1896

8s,

.

A&O !86 88
90
M&S 100 '4 100%
F&A 94 95
F&A tllo% 116%

Bost. Clint.&F.— IstM., 68,'81. J&J t
1st M., 7s. 1 889-90
J&J t
N. Bedford EB, 7s, 1894.... J&J
Bost. Conc.&Mon.—S.F., 6s,'89.J&J * t89
Consol. mort., 7s, 1893
A&O tlOl
Bost. Hart.& E.— 1st, 7s, 1900. J&J
11
1st mort., 7s, guar
J&J) 12%

*

102
80
25
20

I'a&Neb.— IstM. ,7s, •ss.j&.r (102

1st mort., 8s, 1890-'92

1st, tunnel, 6s, g.,g'd, 1911.
Bellev.& S. 111.— 1st, 8.F.8s,'96.A&0
Belvidere Del.— 2d M., 6s, '85.
3d mort., 6s, 1887
Boston
Albany— 7s, 1892-5.

New 6s,

101

Hast.

Atl.

&

100
70

6% Chic Mil.& St. P.— P.D., 1st 88.F&A
40
P. D., 2d M., 7 3-lOs, 1898. .F&A
19
St. P. & Chic, 7s, g., 1902... J&J
80
Mil. & St. P., 2d M., 7s, 1884.A&0
40

At.Miss.&Ohio.— Cons. ,g.l901. A&O
Com. bondholders certs

Sterling mort., 6s,

& Iowa— 1st M.,

Chic.&L. Huron— let 7s, '99. M&X
Cliic& Mich.LJSh.— 1 si Ss,'s9.M&s

&

Bait.

95
92

.

. .

Consol. mort., 7s,

J93
;90

83
43

40

88

80
108
65
97
85
45
90
42
20

OcronKn27,

THE CHRONICLE.

1877.;

401

GENERAL QUOTATIONS OF STOCKS AND BONDS—Continued.
For Explanation* See Notes at Head of First Faze of Quotation*.

Haanlbal ANap.-lst.7s. "88.MAN
onT.8»,188
AAO
1, and grants

Railroad Bonds.

Ask

Bid.

Rui.koaii BOMD8.

Macon A Aug.— 2d, end.,7s,'79.JAJ 85
Macon AKrunsw.— 1st, end. ,7s. JAJ 100
Maine Cent.— Mort. 7s, 1898. .JAJ 1103

Has

lst.ss. 1802. EA

I'll.,

U

\

.

60
97

K ma Cam., 1st, l0s.'92.JAJ 1113
lxl M, 7s,. AAO 108
lor
Harrisb. P. Mt.J.AI.. ist.Os JAJ mi
Hnrtf.Prov
M ,7s,'76.JAJ 1107
1

M.. 7m. 1880

1st

6S, 1889
Houst.ATcx.C.

W
JAJ

l

3d mort., 7-, g., 1895.
is. 3d M. 7s, 1893
1890

FAA
LAO
AAO

.

i:iii:)..AAO
Sterling, gen. M.,6s,g., 1895.

do

Ss,

190

g.,

AAO

Grand Tr.— 1st M., 8s.
BnrpolisBlm.A w. lst,7s,g.AAO
111.

•_M mort,
Extens'u

8s, 1890
1st .U, 7s. g..

Ind'pi

-1st,

!

Portl'd

35
::i3

95

106

'.(IS

78/97.FAA

BS
BS

30
68

2d mort, 6s, g., guar., 1900.MAN
tntnrnlAQt.No. Int. 1st, 7s. AAO
Houst. Act. No., 1st. 7.s, g. ..JAJ
1892
Lansing

('(mi. Be,

MAN

Consol., 7s, 1902
IA.I.
1st. M. Aif Lino, 8s, 1890
Mich. Air L., 1st, E.D.,8s, '90..IAJ
1st, \V.D.,8s. S2.JAJ
do

15

71
88

Equipment bonds,

70

Gd. Kiv. V., 1st

8s, '83..

1st s,,

--s;i

JAJ
Mad.A Ind.— 1st, 7s,1906.AAO
•Amort, 7s, nun
jaj

Jeff.

68
67

75

199

100

70
Ind'poiisA Mad.. 1st. 7s. 'SI. MAN 100
Joliet A Chic— 1st M..8s, '82.. JAJ 107

70 14

2d mort..

Us.

1800
llr.

AAO

K- 1st, 8s.JAJ

KaLA Schoolcraft— 1st, 8s,
Kal.A Wh. Pigeon 1st.
Kans.C.st. Jo. AC. B.

92
82
86

'S7.JAJ

7s, '90.. JAJ

1st M..i\ B. A8t Jos.,7s,'80.JAJ
K.C.8t.Jos.AC.B., M. 7s, 1907. JAJ

i90
170
17>a

do mc. bds,rg.,6s,1907.AAO
Kans.C. A s. Fe,— 1st, 10s.90.HAN

CCTopekaAW.

1st

Kansas Pac — 1st

M.,7sjr.,JAJ

Vs'.-;:i4

82

1890
IAD
mart, 7s, g.,1899-MAN

BS

1st mort., 7s, g., 1880.. JAJ
mort. 7s, g.. 1886..
Branch, 7s, 1896

50

Income lids, No. 11,7s, 1916.MAS
No. 111,7s, 1916.MAS
do

5

1st mort..

L.gr.. 1st

Land
Land
Leav.

(is, g.,

MAN

25

877.MAN

So.. 'Jd mort., 7s. 1
M.80.A N.I.. S.F.,lst.7s.'X5.MAN
Tol., 1st M.. 7s, '83.. JAJ
Cleve.
do
I'd M.. 7s, 1886.AAO
CL P. Ash., 2d M.. 7s, '80.. JAJ

A

s

;i,

(

83 14
67

55
10
30
8
6

50

10513

100 19
106
109
107

.,

M

tl

s.-,

7s,

litOOFA

\

Lotiisv.Cin.A- I.e\.
1st. 7-. :i7 .IA.1
2d mort., 8s. 1900
Louisville A NashvilleCon. 1st limit.. 7s
2d mort,, 7s, g., 1883
Louisville loan. 6s, '86-'87..AAO
Lab. Br. cxt.. 7s,'80-'85
,

AAO
AAO

80
112
20

MAN

I.onisv. l'n,6s, '93..

Mem.A 0..stl.,
L.

*

AAO

S7
199
199
i.e.)

M.,7s, g., 1901 .1 A
•104
Clarksv., st'g, M., 6«, g.FAA ti!2

Faducah

«t85

45
96
79

1

A 8.W.— 8s,

Price nominal

;

no

1890.

!

MAS Y

late transactions.

80

"8919

85
65
6
90
115
21

2d mort,

8s,

1893

JAJ

20
59
55

37
37
28

28

also

pays aooraod

98
90
74
48
30
72
29
95
111
96*8

70
105
30'

PeklnL.ADec— lstM..7s,1900.FAA
Pennsylvania— 1st M., 68, '80. JAJ 105 1« 106 19

87

General mort, 6s, coup., 19 10 Q—

105 lo 106 19
106
92 19 95
92 19 95
Navy Yard, 6s, reg., 1881 ..IA.I •99 106
Penn.AN.Y.— l8t.7s,'96A1906.JAD 109 19 112
100 19 101 19
Peoria A Hannibal— 1st, 8s, 1S7S
60
Peoria Pekln A J.— 1st, 7s, '94. JAJ
15
25
PeoriaAR'k I.— lst,7s,g., 1900. FAA

do

6s, reg.,

1910.AAO 105

Cons, mort., 6s, reg., 1905. .Q—M
do
6s, coup., 1905.. JAD

55
99
82

. .

78i2

Perkiomen— 1st

M., 6s, 1897.. AAC

64"'

83
Petersburg— 1st M., 8s, '79-'98. JAJ
JAJ
2d mort, 8s, 1902
Phil. A Erie— 1st M., 6s, 1881.AAO 101
JAJ 97
57
2d mort., 7s, 1888
1914
2d mort, guar., 6s, g., 1920. JAJ J86
B9
23

Phila.

72 h

A Reading—

1880
1st mort,

10

1

Mort., 78,

B.— New

1100

55
16
48
10

MAN

102
102

60
to
5(1

lo

.

74
75
83
ls75...
90
lis,
Potomac
A
JAJ 96>|
Mort, 7s, 1881-90
Rich'dAPctorsb'g— 8s, '80-'86. AAO 100
100
MAN
New mort., 7s, 1915
10
20
Rkf'dK. I. ASt. I,.- st 7s c. 9 s FA \
50
RomeWat'nAO.—S.F.,7s,1891.JAD 46
85
95
JAJ
2d mort, 7s, 1892
AAO ItlL.
Consol. mort, 7s, 1904
Ricu'dADiui.— C.M.,6s,'75-90.MAN
AAO
Piedmont Br., 8s, 1888

Rich. Fred.

1

1

1

Wat.AR., 1st M., 7s. 1880.. MAS
Rutland— 1st M.. 8s. 1902. ...MAN
MAS
Equipment. 8s, isso
MAN
Equipment, 7s, 1880

SaiuWkvM.AN.— 1st,

78,1902. JA.I

Savanna'hAChas.— lstM..7s,'89JAJ
Chas.A8av.,guar.,

'6s,

1877. MAS

Scab'dARoan'ke— IstM., 7s,'81 FAA

I

1st. 7s. g.. 1901 JAJ
SI, am. Val. A 1'.
Shebovg'nAF-dii-L.— l8t,7s.'S-IJAI>
latM..8s.l901MAN
SiouxC.ASt.P.—
[Sioux C. A Pac, 1st M.. 6s, '98.JAJ
{Shore L.. Conn.— 1st M.,7s,'80.MAS
80.AN.Ala.— l8t,8s,g.,end.'90..JAJ

MAN

Sterling mort, 6s, g
So. Carolina— 1st M..6s,'82-'88.JAJ
85
1st, stcrl. mort, 5s.g.,'82-'88.JAJ
Bonds, 7s, 1902, 2d mort. . .
75
Bonds, 7s, non. mort
100 110
Southern of L. I.-M.. 7s, '79..
100
105 19 107 19
South Side. 1st, 7, 1887..^ .MAS
"86

interest.

101
101
120

Portl.ARoch.— IstM., 7s,1887. AAO
78
83
Port Royal— 1st 7s, g.. end. 'S9.M AN
do not ondorsed
do
180% 81
Pueblo A Ark. V.— 1st, 7s, g., 1903
QuineyAWars'w— lstM-.Ss.^JO.JAJ 11091s I10i«
Heading A Columbia 7s
Ren.AS'toga— 1st 78,1921 cou.MAN 115
11514
1st 7s, 1921, reg

32
25

.

AAO
AAO
MAS

S. F., 2d, 7s.1900.MAN
do
South Side, Va.— 1st, 8s.'84-'90.J AJ

U3I9

V

I

80

90
20
20
95

93
25
25
101
97

•80
•15

too

87
35

40
84

So.Cen.(N.Y.)— lst7s,'99.cuar.FAA
1st M..8s.'7S-8SJAJ
So. Minnes'ta
1st mort. 7s
,6s,g.. 1905 JAJ
-IstM.
.Cal.
Pac.
80.
South western (On.)— Couv.,7s.l ssc
Var.
MusooKee R.R.. 7s

.511

6s, 1884-'90
6s, 1886-'90

Stcubenv.AInd.— lstM.,6s,'84.Var.
j

In London.

V In Amsterdam.

L'5

92
99
12

aa

70

65
54

I

V

178
155
155

JAJ
JAJ

2d mort,
3d mort,

95!._,

97
50
87

100

7s,'96FAA
,

1

85
104
10a

55
103 105
73 Hs 74»9

JAJ

Portl'ndAOgb'g— IstOs.g. 1 900J A J
Vt, div., 1st M.,6s,g.,1891..MAN

"719

106

50
101 19 103
•95
100
57»9 60
167
69

MAS

AAO

Titusv.A
Port Hur.AL.M.— lst,7s,g.,'99
Pitts.

ss

109

118
112

2d mort, 7s, 1912
3d mort, 7s, 1912
Equipment, ss, lssi

111-1,

25
20

AAO

1913
1

112

19

7s,

Pittsb.ACon'Usv.— lstM.7s,'98..IA.I
Sterling cons. M., 6s, g., guar.JAJ
Pitts.Ft.W.AC.-lst M. ,7s. 91 2. JAJ

i.j

ttH

1911

Pitts.C.ASt.L.— lstM.,7s,1900.FAA

961a

104
110
106

6s,

.

11(1

s

JAJ

JAD
JAD

New convertible, 7s, 1893... JAJ
.JAJ
G. s. t, $ A £, 6s, g.. 1908
Coal A I., guar. M., 7s, '92.. MAS
Phll.Wil.ABnlt— (is. 'si moo. AAO

70

1

AAO

1893

coup., 191 1

Gold mort.,

83"

86

7s,

Debenture, 1893

50
42
42
32
10
60
18
35

30
102
99

JAJ 104 19 106

6a,

2d mort,

I

The purchaser

g JAJ

g., 7.3,

C. M.,guar.,P.A.R.,6g.,1913.JAD

{57

North Carolina— M., 8s, 1878. MAN
North Missouri— 1st M., 7s,'95.JA.I
M
North Peun.— 1st M., 6s, 1885. JAJ
2d mort, 7s, 1896
MAN 112
Gen. mort., 7s. 1903
JAJ 105
Northeastern— 1st M., 8s, '99..MA8 102
97
2dmort.,8s. lsi)9
MAS BO
Northern Cen.—2d M., (is, 1885.JAJ 102%
90 19
3d mort., 6s, 1900
AAO 101
99*1
9419
(on. mort., (Is. ^-..coup., 1900.JAJ
99lf
6s, g., reg., 1900
AAO 94
106
Mort. bonds., 5s, 1026
JAJ 40
94
Con. mort, stg. (is. g.. 1901. ..JAJ 185
Northern Cout'l Mich.— 1st, 7s
t

1.

57
89
IO2I9
10219
IIOI4

,

100
90

Nash.Chat.ASt.L.— lst,7s, 1913 JAJ
Nashv.A Deoat'r.— lst,7s.l900.JA.I
91
95
Nashua A Low.— 6s, g„ 1893. FAA UOII9 102 Hi
Newark A N. Y.— 1st, 7s, SS7.JA.I '85' "95"
No w'k S'setAS.— 1st, 7s, g. ,'89. M AN
N.HavenADcrby, 1st M., 7s,'98.Var 88
91
N. H. AN'th'ton— lstM.,7s,'99.JAJ 102
104
Conv. 6s, 1882
AAO 8(1 90
27 19
25
N. J. Midl'd— 1st M., 7s, g.,'95.FAA
2
5
2d mort, 7s, 1881
FAA
21
N. J. Southern— 1st M., 7s, '89.M AN
N'burghAN.Y— 1st M. 7s.1888.JAJ 55
86
N. Lon.ANorth.— 1st M.,6s,'85.MAS
2d mort., 78, 1892
JAD
N.O.Jack.AGt.N.— l8tM.,8s'86.JAJ 102 104
93
2d mort., 8s, 1890, ccrtlfs ..AAO 87
Cons. 7s, g., 1912
JAJ 26
2d mart, debt
AAO 84
111
N.O.Mob.AChatt— lst,8s,1915.JAJ •25
"3
5
N.O.Mob.ATex.— lstM.,8s,1915JAJ
N.Y.Bost.AM'nt.-l8t,7s,g..'89 A A
94
N.Y. A Can.-£ M., 6s, g., 1904.M A N (92

Nort'kAPotorsb.— l8tM.,8s,'77.JA,I
1st mort., 7s, 1877
JAJ

JAD
MAS

1895
1895

Mo—

ss
72
35
111

5

100 19
76 19

FAA
JAJ
AAO
JAD

N Y.Prov.AB'n— Gen. 7s, 1899. JAJ

80

.

AMo.R.— 1st,

15

9l'|

Pat'sonANew'k— 1st M.,7s, '78.JA.1

MAN

10

.

1891

N. Y.Ai is.Mld.— 1st M.,7s,g,'94..IAJ
Sd mort,, 7s, 1895
Receiver's oertlfs. (labor)
(other)
do
do

100

LAO 100

Newtoivn A l'L, 7s. 1903
N. Y.A Rockawar, 7s, 1901. AAO
Smitht'n APt.l.
7s, mill, mas
Logansp. Cr.A 8.W.— 1st. Ss, :.-.(> f

6s,
7s,

OmahaAN.W— 1st,

20
92

10s
do
101
do
Hud. R..2dM., 7s., 1885.... JAD 112 113
N.Y.AHarlem— 7s,eoup.,1900.MAN 118»8 120
MAN 118
7s, reg., 1900

(

110

7s,

9|Lj

551.J

tl02
tllO
75
Omaha A S.W.— lstM.,8s, 1 896.JAD 95
80
OrangeAAlex'a— lstM.,6s,'73.MAN
68
2d mort., (is-, 1875
IAJ
3d mort., 8s, 1873
MAN 38
MAS 20
4th mort, 8s, 1880
Or. Alex.A M., 1st M., 7s. '82..IAJ
71H
Oregon A Cal. 1st M. 7s, 1890. AAO J27
91
Osw. ARomo— 1st M., 7s, 19 1 5.M AN
Osw. A Syracuse— 1st, 7s, '80.MAN
Ott. Osw. A Fox R.-M., 8s, '90.JAJ tllO
96i2
Pacific of
lstM.,(is,g.,'88. FAA
2d mort, 7s, 1891
JAJ 91 '4
Car. B., 1st mort, 6s, g. '93..AAO
Income, 7s
MAS
Panama—Sterl'gM., 7s, g. '97. AAO |103
Paris A Danville— 1st M.,7s .1903.
ParisADcc't'r— lstM.,7s,g.,'92..IAJ t'26'

92
100
45

116% 118
FAA 104%

MAN
MAN
JAD
6s, 1887
real est., 6s. 18.83.. MAN

1

>

2d mort,

20

107
100
h99>« 100

Creek— 1st M., 7s, 1882. ..AAO 88
Old Colony— 6s, 1897
FAA 1102

M

Mort., 7s, reg., 1903
IAJ
Subscription, 6a, 1883
Sterling mort., 6s, g., 1903... JAJ
N. Y. CV, premium, 6s, 1883.

28
1*92
-! M..7-. '97.FAA
Lehigh Val.— 1st M., 6s, 1898. .IAD 108%
2d mort., 7s, 1910
MAS 112>4 113
Gen. M.. s. r 6s, g.. 1923. ...JAD
08
99
Delano I.d o. hds, end. ,7s. 'IIJ.I A.I
Lewtob. A Spruce Cr. 1st. 7s. MAN

M.A

1971a

it;

199

Oil

N.Y.C.AH.—M.,78,couy.,1903.JAJ 118% 118%

1-t M.. 8s,

Little Schuylkill- 1st, 7s. '77
Long Island- 1st
7-. lsoi

ill

99
99

1

97"

l

L.TtockA Its. lst,l.(rr.,7s'9S.JAJ
L. Rock A Pine HI.— 1st, 7s. k \ A<

Ogd'nsb'gAL.Ch.— Eq.8s,'78-'9.JAJ
8. F., 8s, 1890
MAS
OhloAMiss.—Cons. 8. F. 7s, '98. JAJ
Cons, mort, 7s, '98
JAJ
2d mort., 7s, 1911
AAO

1

IOII9

Lawrence— 1st mint.. 7s,189.">.KA \
"26"
Leav. Law A (;.
st. Ids. '99. JAJ

ils

90
90
99

S'J

IU'4 IUI9

Lex*tonA8t L. -lat,6s.g.,1900JAJ
Little Miami
1-t M.,6s,1883 MAN

90

Ask.

Norw'hAWoro'r— IstM. ,6s. '97.JAJ tl06

IO6I4 107

Ex. eertif.. ster.. (Is. 1883..
Interest 8s, 1883
MAN
2d mort., 8s, var
March
Montclair A G. L.— 1st 7s. (new)
2d mort, 7s (old mort lsta)
Mont.AEtlf.— lst.cnil.ss,g..'86MAS
MonticelloAPtJ.— lst,7s,g.'90Q—
Morris A Essex— 1st, 7s, 1914. AN

Consol. mort., 7s, 1913

103ia

.1

lir.

J7

7s, assented

Bonds, 1900
General mort., 7s

50

108
103
103
do
3d M..7s, 1S92.AAO 105
Bnff.AE.,newb(ls,M.,7s.'!>S.AAO 105
Bnff. A State L., 7s, 1882.... JAJ 106
Det. Mon. A Tol., 1st, 7s, 1906
Lake Shore Div. bonds
AAO LOS
L.8.A M. S., eons., ep., 1st, 7s. JAJ Kiss
do cons., reg., lst.7s.l90O.o
10«3j
do ions., .p., _>,!, 7s, 1903..JAD 96
do cons.. reg.,2d, 7s, 1903. JAD
96
L.Snp.A Miss.— 1st. 7s. g., 1900. JAJ
15

Lab.

70

M.Ouach.ARed R.— l8t,7s,g'90..IAJ
Mo.Kaus.AT.— lst,7s,g.,1901-6FAA
2d mort.. income
1st, 6s, g., 1899. (U. P. S. Br.)J AJ

roust ruction, 7s, 1889

io:):<«

A

Louis'a

•jo

•90
•30
*20
86I9

. .

19

60
60

Laf.Mune.ABl.— l8t,7s,g,1901FAA
Lake Shore A Mich. So.—
Mich.

72

4

KeokukA Des M.— l8t,7s,1901. AAO 40
Funded Interest Bs, lssi ..AAO 45
Keoknk A Bt P.-lst, 8s,'79. .AAO 1101
Laf. BLA Miss— 1st, 7s, g.,'91.FAA
50

Northern, N.J.— 1st M., 7s, '78 JAJ
N'th. Pacific— lst,7-3s, g., 190O.JAJ

95

MAN

1:;

MAS

'->d

South. Kans..
rb A Lack.

18i«

Mob.AOhio— lst.ster.Ss.g. '83.MAN

8.-,

50

M..(is, ir.,'95.FAA

I

Income, 6s
iri8>a
Han. A C. Mo., 1st 7s. g„'90.MA N
80
Mo. F.Scott AG.— 1st., 10s, '99. JAJ
70
2d mort., 10s, 1890
AAO
5
Mob. A Mont.— 1st. end. 8s, g.MAN 40

JimctionItK.(Phll.) — lst,6s,'82 JAJ

Kalamazoo ALA

•1

MAN

I

1st mort., 7s, 1880

90
103
105

KalamazooAS.n.,lst,Ss,-;i(i.MA.V -t70
Mich. L. Shore 1st M., 8s, '89.JAJ "56"'
Mid. Pac— 1st M., 7s, g.. '99...FAA

•J.-.

2d mort, 7s, 1894
IAD
Jefferson— Hawl'y Br. 7s, '87. .JAJ

Bid.

.AAO

8s, guar.. 'sti.,1 A.I

ABS
..JAJ •75
ss
I'al
C.
lst,7s.'99AAO t80
Ithaca A Athens, 1st in.. 7s£.JAJ *101ia HIS
Mil. A North.— 1st, 8s, 1901... JAD
t'.i'Ji-j
97>2 Miss. Cen.— 1st M., 7s, '74-84.
si, ss, '85.. ...TAJ
111 Bxten., ss. 1S!)(>
192
97
'.M mort,, 8s, 1880
FAA
MAN
Consul, mort, Ss, 1891
67
Cons, mort., 7s, g., 1912.... MAN
MAS 160
2d mort., i~7s
196
99
M.,7s,1876.AAo
Miss.ATenn.— 1st
Jamest. A Frank!. 1st, 7s,'97..IAJ
IA.I
Cobs, mort., 8s,18Sl-'93

Ionia

90

2d mort,, 88. 1879 mas 165

do

(IS

l'A \

91

. .

7(1

I

RAILROAD Boxns.

t

MAN
JAJ
1st, 7s.. MAN

JAD
Mani'tto Ho. A O.— lst,8s,'92.FAA
Mar. A O., M., 8s, 1892
JAD
Houghton A O., 1st, 8s, '91. ..JAJ
Mass. Central— 1st, 7s. 1893.
Hemp. A Charl'n— lst,7s,'80.MAN
2d mort, 7s, 1885
JAJ
Mem. A L. Rock— 1st, 8s, '90. MAN
Mich. Cen.— 1st M„ 8s, 1882.. LAO

Ask.

Consol. 7s

1101a
17

•93

1

8s, 1890
A Hook. Val.,
Bait Short L., 1st, 7s, 1900. .JAJ
«n. A Bait, 1st, 7s, 1900. .JAJ
Marietta P. A Clov.— 1st, 7s, g., '95

3(1 in. nt. .7s,

i

,

Sototo

1.v.l

1899
J AD
tBd*apolisA cin.. 1st, 78/88. LAO
-t,7s. 1919. Var.
IinVpolIsA St. I„
3d mort, 7s, 1900
\a<
Ihd'apolisd Vin. -lst.7s,190S.FAA

AAO

'83..

Cin— 1st M.,7s,'91FAA
sterling, IstM., 7s, g., 1891.FAA
2d 111. nt,, 7s, 1896

9i>

•60

(is,

\ai
Cons. M.. (Is, ii
Fr'hani.— 1st. 7s,'89..JAJ

3d mort.,

110
105
39

lO'Jifl

1912.JAJ

1st.

Minsf. A
Marietta A

si;

Mi

...JAD
'90.AAO

i

108 hi

A Ken.,

189
1X9
(96
t93
196
198

AAO

Androscog.A Ken., 6s, 1891.1 a \
Leeds A Farin'gt'n, (is, 1901.JAJ

do

83
78
78
61

lst,7s,g.,'91.JAJ

g.,

.AAO

1900..

105*1

\

West Div.. 1st 7s. (j., Sill.. JAJ
Waco A N.W.. 1st, 7s, g.,1903.JAJ
\ao
Cons, moil., Ss, 1912 ...
Hunt. A Br. Top 1-1. 7-. '90 .AAO
Illinois Central 6s,
rtlng, s. r.. 5s,

Exten. bonds, 6s,
Cons. 7s, 1912

107

liar'

Housatonlc

Bid.

75
90
90"

66
58

65

64
07
'§*

100

•82'

"84

THE CHRONICLE

402

[Vol.

XXV.

GENERAL QUOTATIONS OF STOCKS AND BONDS— Continued.
For Explanations See Notes
Railroad Bonds.

Bid.

St.Jo.&D.CE.D.— lst,8s,g.,'99F&A
W. D., 1st mort., 8s, 1900... F&A
St.L.Alt&T.H.— 1st M.,7s,'94.Var.
2d mort., 7s, 1894
51 &N
2<1 income, 7s, 1894
M&S
Equipment, 10s, 1880
St.L.&IronM't— 1st M., 7s. '92.K&A
M&N
2d mort., 7s, g., 1897
A&O
Cons, mort., 7s, ff., 1914

10

Ark. Br. 1. gr., M., 7s, g., '97.J&D
Cairo Ark. & T.,lst.7s/g.,'97.J&D
Cairo &Ful.,lst,l.g.,7s,g.,'91.J&J
St. L.& 8.E.— Con. M..7s. g..'94M&N

62
35
62
25
2

4
84
98
52

at

Head

of First Page of Quotations.

Railroad Stocks.

Ask.

14
5
112
85

Ask

Bid.

100
Boston & Albany
100 125 %
Bost Clint. Fiteiib.&NewBed.lOC
100
Bost Con. & Montreal
Pref., 6... 10(1
69%
do
Boston & Lowell
500
100
Boston & Maine
100 93 14
Berkshire, leased, 7

&

Railroad Stocks.

Bid.

Ask,

Northern Central
50 §16% 18
Northern New Hampshire
100 72
74
Northern Pacific, new pref
100 §13% 15
Nnrwicluv Worcester, leased, 10. 100 124 125
31
Ogdensburgh & Lake Champ... 100 80
Prof., 8. .100 191% 92
do
Ohio & Mississippi
100
9% 10
123%
18
Pref
100
do
Old Colony
100
96% 9G%

100 121
100
43% 43% Oswego & Syracuse, guar., 9.. ..50
100
Camden & Atlantic
20
42
50 515
Pacific of Missouri
100
or.
127
23
do
Pref
50 J26
Panama
100
35
Catawissa
50
9% Pennsylvania Railroad
50 §29% 29%
5
F&A
do
Old, pref
50
38
50
1st, cons., 7s, g., 1902
Pennsylvania Company
;;_•
37
Evansv. II. &N.,lst,7s, 1897. J&J *32
do
New, pref
50
do
Prof
50
1st, 7s, '94.A&0 104% 104% Cedar Rapids & Mo
100
100
St.L. Jacks' v.&
Petersburg
52
Pref., 7
50
St. L. & San F.— 2d M., class A....
do
100
Philadelphia & Erie
§9
9%
29
Central of Georgia
100 45
48
2dM., class B
do
Pref., 8
50
25
100
16% 17% Philadelphia & Reading
do class C
Central of New Jersey
50 515% 15%
73
75
19
Central Ohio
31
South pacific— 1st M
50 25
Pref., 7
50 517
do
-95
:;7
100
StL.Vaiid.&T.H.-l8tM.,7s,'97.J&.
44
do
Pref
50
Phila. & Trenton, leased, 10... 100
73
100
.„..MAN *65
85
2d, 7s,!guar.,'98
Central Pacific
100
I'liila. Gerin'n & Nor., l'sed, 12.. 50
§99
Charlotte Col. & Aug
100
50 §00% 61
St. Paul & Pac, -1st sec, 7s... J&D •155
Phila Wilmington & Bait
M&N ^20%
Cheshire, pref
35
2d sec, 7s
100
Pittsburgh Cincinnati & St. L...50
J&D TT18
Cons., 7s
J
Chicago & Alton
100
80% 83 Pitlsb. & c.iiincllsville, leased.. .50
M&N 1124% 24%
Bonds Of 1869,7s
Pref., 7
100 103% 103% Pittsburg Tiliisville, & Buffalo... 50
9%
do
92
J&J 118%
8% Chicago Burlington & Quincy..l00 102
St. Vincent & B.. 7s
Pittsb. Ft W. & Chic, guar., 7.100
do Receivers' certfs., 10s. J&J TT93
100
Special, 7.100
Chicago Iowa & Nebraska
do
Summit Br.— 1st, 7s, 1903
90
J&J *t85
35% 35V Portland Saeo& Portsm., l'sed 6 100 64
Chicago Milwaukee & St. Paul. 100
Sunbury&Erie— IstM., 7s,'77.A&0 108 109
2% 3%
69
69%! Portsiu'th Gt. Falls & Conway. 100
do
Pref., 7.100
Susp.B.&ErieJimc— 1st M.,7s
45
55
95
100
Chicago & North Western
100 37% 38
Providence & Worcester
Syr.Bing.&N.Y.— l8tM.,7s,'77.A&0
97 100
100
do
Pref., 7.100
66% 66% Rensselaer & Saratoga
112
3
4
Terre H.& Ind.— 1st M., 7s,'79.A&0 105
100
Chicago & Rock Island
100 101% 101% Richmond & Danville
M&S *75
Texas & Pac— 1st M., 6s, g.
85
100
50
Cin. Hamilton & Dayton
14% 16 Richmond Fred. & P
100
J&D
80
Consol.' mort. ,6s, g
guar. 6.... 100
Cin. Sandusky & Cleveland
50
do
do
Tol.Can.S.&D't— lst,7s,g.l906J&J
guar. 7
100 91%
461s
do
Pref., 6.50
do
do
•12
95
T01.P.& W-— l8tM.,E.D..7s.'94.J&D
100
Clev. Col. Cin. & Indianapolis.. 100
44% Richmond & Petersburg
Oil
25
1st mort., W. D., 7s, 1896... F&A
95
Clev. & Mahoning Val., leased.. .50
Rome Watertown & Ogdensb .100 10
D., 7s, 1886.. ..A&O
3
2d mort.,
25
28
70
1
Clev. & Pittsburgh, guar., 7
80
Rut land
100
50
10
Burl. Div., 1st. 7s, 1901
J&D 25
9
Col. Chic. & Indiana Central... 100
4
5
Pref., 7
100
do
do
Cons. M., 7s, 1910. .M&N
25
50
60
100
28
Columbus & Hocking Valley
Serip
50 90 100
do
Tol. Wab. & W.— 1st M.,7s,'90.F&A 111
6
Columbus & Xcnia, guar., 8
50 98 100
St. Louis Alton & Terre Haute. 100
M&N 77>4
2d mort, 7s, 1878
14% 16%
Pref. 100
Concord
50 71%
do
do
Equipment, 7s,, 1883
M&N 12
15
100
Concord & Portsmouth,guar.,7 100
Belleville & So. 111., prof
8
Cons. mort. 7s, 1907
Q-F 51
55
7
51
Connecticut & Passuinpsic
100
St Louis Iron M'n & Southern. 100
ss
5
1st, St.X. div., 7s, 1889
F&A
5%
127
Connecticut River
100
St. Louis Kansas C. & North. ..100
25
25
Gt. West, 111., 1st, 7s, '88... F&A 110
do
pref., 10.100
do
Cumberland Valley
50
do
do ex coup. F&A
91
Mansfield
N
50
91%
&
do
Pref
50
Sandusky
do
2d, 7s, '93... M&N
50 J.
75
Schuylkill Valley, leased, 5
Danbury & Norwalk
50
95
Q'ncy & Tol., 1st, 7s, ex c'p.M&N
100
82
Dayton & Michigan, guar., 3%.. 50
Seaboard & Roanoke
99
100
92
111. & S. la., 1st, 7s, '82
F&A 95
guar
do
91
92
do
Pref., guar., 8.50
si
do ex coup -F&A
..50
do
77
leased,
6.
Val.
&
P.,
Shamokin
Delaware
50
1(17
100
United Go's N. J.— Cons.,6s,'94.A&0 *98
Shore Line (Conn.), leased, 8
Delaware & Bound Brook
100
M&s ;ios 110 Delaware Lack. & Western
Sterling mort., 6s, 1894
100
50 51
51% South Carolina
do
M&S U08 110 Dubuq lie & Sioux City
100
6s, 1901
65
Southwestern, Ga., guar., 7
100 56
F&A 103 104 East Pennsylvania, leased
Y....100
Cam. & Ami)., 6s, 1883
Bingh'ton
N.
38
&
50 537
Syracuse,
6s, 1889
15
....50 §11% 13
do
IAD •102
42
35
East Tennessee Virginia & Ga.100
Summit Branch, Pa
90
mort, 6s, '89.M&N 109 111% Eastern (Mass.)
do
100
3% 4% Terre Haute & Indianapolis .100 75
.100
UnionPac— 1st M.,6s,g.'96-'99.J&.1 105%
30
Toledo Peoria & Warsaw...
Eastern in N. H
100
Land Grant, 7s, 1889
A&O 103 10:1 >H Elmira & Willianisport, 5
1st
pref.
100
do
do
50
Sink. F., 8s, g.. 1894
2d pref.. 100
MAS 94
do
94%
41%
do
do
Pref., 7.. 50 538
100
Om. Bridge, sterl. 8s, g., '96. A&O ,'99 101
13% 13% Troy & Boston
100
Erie Railway
115
Utah Ceil.— IstM., 6s, g., 1890. J&J
75
27
100
United N. Jersey RR. & C. Co.. 100 110
do
Pref., 7
67
60
*95
TO
100
Vtica & Bl'k R.— 1st M., 7s, '78.J&J
100
60
Union Pacific
50
Erie & Pittsburg, guar., 7
18% 20
100
Mort, 7s, 1891
J&J 87
100 105%
Vermont & Canada, leased
Fitchburg
110
so
100 109%
Utioa Ith.&El.— lst,7s.g.,1902.J&J
Vermont & Mass., leased, 5
Georgia Railroad & Bank'g Co. 100
16% 16%
Verm't & Can.— New M., 8s
85
Wabash Pur. Com. receipts
86
Grand River Valley, guar., 5.. 100
Missi8squoi, 7s, 1891
10%
Warren (N. J.), leased, 7
J&J 25
100
Hannibal & St. Joseph
65
50 *55
Verm't& Mass.— 1st M., Os, '83. J&J • 103% 104
22
Westchester & Phila., pref
Pref., 7. .100
do
30
50
Conv. 7s, 1879
West Jersey
J&J 1107 108
Harrisburg P. Mt J.&L, guar.,7.50 554
5
1
do 78,1885
100
West. Maryland
J&J tllO 111
Housatouic
75
65
Vermont Cen.— 1st M., 7s, '86.M&N
Wilmiiigt'ii & Weldon, leas'd, 7.100
100
Pref., 8
do
46
44
100
2d mort., 7s, 1891
12
J&D
100
Worcester & Nashua
Houston & Texas Central
Stanstead 8. & C, 7s, 1887.. J&J
3%
50
Huntingdon & Broad Top
Vick.&Mer.— lstM.,end.,7s,'90.J&J
6
Pref... 50
do
do
2d mort, end., 7s, 1890
l&.J
100
77
77%
CANAL BONDS.
Illinois Central
Virginia&Tenn.— M., 6s, 1884. .J&J
80
85
Indiaiiap's Cin. & Lafayette
50
80
Chesap. & Del.— 1st, 6s, 1886. .J&J *74
4th mort, 8s, 1900
'.HI
J&J 83
JefTv. Mad. & Ind'p's, l'sed. 7.. 100
80
65
Iheaapeake & Ohio—6s,1870
Warren (N.J.)— 2d M., 7s, 1900. .. 100
100 102%
Joliet & Chicago, guar., 7
.J&J
1878.
Division—
6s,
Delaware
Warren&jFr'klu— lstM.,7s,'96.F&A
78
85
Kalamazoo A. & Gr.R., guar., 6.100
100%
100%
J&J
Del. & Hudson— 7s, 1891
Westch'r& Phil.- Cons.,7s,'91 A&O 109 110
Kansas City St. Jos. & Couu. B.1O0
J&J 98% 98 %
1884
West'n Ala.— 1st M., 8s, '88... A&O
90 100
4
Kansas Pacific
100
4% 7s,
J&J 103%
7s,1877
,
2d mort., 8s, guar., '90
A&O 90 99 Keokuk & Des Moines, pref 100
96
A&O
Coupon
7s.
1894
Montg. & WestPt, 1st, 8s... J&J
100 "69% 69%
Lake Shore & Mich. So
A&O 95% 96%
Registered 7s, 1894
West. Md.— End., 1st, 6s, 90. ..J&J iio' lis" Lawrence (Pa.>, leased, 10
50
50
42
M&N
6s..
M.,
Riv.
&
Kan.—
1st
Jas.
1st mort, 6s, 1890
J&J 98 100
100
Leavenworth Law. & Galv
M&N
2d mort, 6s
End., 2d mort, 6s, 1890
J&J 110 112
Lehigh Valley
50 539% 40% Lehigh
105
104%
Q—
1884...
Nav—
reg.,
6s,
2d mort., pref., 6s, 1895
J&J 77% 85
Little Rock & Fort Smith
100
Q— lot's 105
Railroad (is, reg., 1897
2d, end. Wash. Co., 6s, 1890. J&J 103
107
50 92
Little Miami, leased, 8
83
J&D
Debenture 6s, reg., 1877
3d, end., 6s, 1900
J&J 110 112 Little Schuylkill, leased, 7
50 §40
IS
Convertible 6s, reg., 1882. .J&D
West'nPenn.— lstM.,6s, '93. .A&O *75
77
Long Island
50
M&s 98 100
1894.
reg.,
6s,
do
g.,
Pitts. Br., 1st M., 68, '96.....J&J •77% 78% Louisville & Nashville
100 36
88% 89
6s, gold, coup. & reg., 1897. .J&D
West. Unjon RR.— l6tM.,7s,'96F&A
Lykens Valley, leased, 10
100
J&D
7s,
1911
mort.,
Consol.
W. Jersey— Debent 6s, 1883.. M&S 80
85
Macon & Augusta
Louisv. & Portl.— 3d mort., 6s.
lstmort,6s, 1896
J&J 104% 106 Maine Central
100 *15
25
4th mort., 6s
ConsoL mort., 7s, 1890
A&O 101 101% Manchester* Lawrence
100 126%
Morris— Boat loan, reg., 1885. A&O
W. Wisconsin— lstM.,7s,g.,'87...I&J 34
36% Marietta & Cin., 1st pref
50
New mortgage
Wich)ta&S.W..-l8t.7s.g., guar., 1902 too
70
do
50
2d pref
05
60
Pennsylvania—Os, coup., 1910.J&.I
Wil.& Weldon— S. F., 7a, g„ '96 J&J 102 106
Bait Short Line, guar., 8
95
90
Schuylkill
Nav— 1st, 6s,1897.Q—
Wil.Col.&Aug.— l8tM.,7s,1900.J&D
40
Cincinnati & Bait., guar., 8
70
J&J 62
2d mort. 6s, 1907
Winona&St.Pet— lstM.,7s,'87.J&J
86% 87=8 Memphis & Charleston
7
25
J&J 50
6s, coup., 1895
2d mort., 7s, 1907
M&N 70
Michigan Central
66% 66=8 Mortgage
100
6s, improvement, cp., 1880. M&N *50
Ex., 1. g., mort, 7s, g., 1916. .J&D 1T83% 84% Mine Hill & 8. Haven, leased
50 547% 49
50
M&N
6s,
and
car,
1913
boat
Wisconsin Cent.— 1st, 7s, 1901. J&J
30
35
Missouri Kansas & Texas
100
M&N 50
7s, boat and car, 1915
Worc'r&jNashua— 7s, '93-95. Var. tl05 107
Mobile & Ohio
100
*35
50
1918.
J&J
6s,
coup.,
Susquehanna—
Nash. & Boch., guar., 6s, '94.A&0 t92% 93% Morris & Essex, guar., 7
50
75% 75% 7s, coup., 1902
J&J
Nashville. Chat. & St. Louis
25
.M&N
6s,
1883..
mort.,
Union—
1st
II A ItRO A O STOCKS. Par.
Nashua & Lowell
100
Albany & Susqueh., Guar., 1 ... 100 71
Naugatuck
100
CANAL STOCKS. Par.
Allegheny Valley
50
Newcastle & B. Val., leased, 10.. 50
Atchison Topcka & S. Fe
100 "li% 11% Nesquehoning Valley, leased, 10.50 §44% 47
50
Chesapeake & Delaware
Atlanta & West Pt
45
100
100
New Haven & Northampton
Delaware & Hudson
100
Atlantic «fc Gulf,
100
8
50 §•30
leased,
New Jersey Southern KR
1 00
Delaware Division,
1%
do
Guar., 7
100
100
N. London Northern, leased, 8. 100
James River & Kanawha
Atlantic* Pacific, pref
18%
100
50 §18
N. Y. Central & Hudson Riv.
Ixmigh Navigation
100 100%
Atl. & St. Law., leased, 6, £
100
100 $101 103
New York Elevated
38
Morris, guar., 4
115
Augusta & Savannah, leased. 100
100
10
pref., guar.
New York & Harlem
do
50 142!
Baltimore & Ohio
50
100 98 103
Pennsylvania
do
pref
"do
Prof., 6
50
100 99 102% N. Y. N. Haven & Hartford ... .100 153
Schuylkill Navigation
Washington Branch
8%
50
100
pref
§7
do
New
York Providence & Bos. .100
125
do
Parkersburg Branch
6
50
100
2%
North Pennsylvania
38% Susquehanna
50 §38
Boston

Providence

Buff. N. Y.

65

Burlington

.

& Erie, leased
& Mo., in Neb

$

C—

8

|

!

. . .

W

,

.

1

.

.

1

—

Q—

(

.

I

I

—
.

.-.11

.

,

.

.

. . .

. .

.

*

Prios nominal ; no late transactions.

I

The purchaser

also

pays accrued

interest,

t

In London.

U In Amsterdam.

§

Quotation per share.

THE CHRONICLE.

OctOBicn 27, 1877. J

403

GENERAL QUOTATIONS OP STOCKS AND BONDS— Continued.
For Explanations See Notes at Head of Plrst Page or Quotation*.
MlSII

!?I

I

ISC' I. LAN

KOI

MlMtKM.ANKOUS.

Ask.

Bid.

INI

1

...IAJ

'.to l.

1

Mori
Un. RK.,lst, end. ,6«.
do2d,end. 6s,g.MAN
Consol.
1st.
<

105
102

1885

.i.v.l

98
75

05

oonv..6«,'97.JAJ

'umtMTl'il
1st

Bj
103

M

(

*..:»!

A

I.

MAM..6e,
Bt

1879

r.v

\

Bridge—
1900.AA0

L.
1st, 7s,g..

111.

2dM.,7s,g.,1901JAJ
3d, 7s. g., 1886 MAS
Tuii'l RR..lM.t;.9s,g.

Mariposa Gold

LAM.

ions. M.. 78/S6.JAJ
Keie.Tr.real est. m.,7e
N. Eiil'. M. 8ecurlty,7e
rullin'ii Palace Car

2d M..

MAN

8s, '81.

8s,'87FAA
4 th do
8s,'92FAA
Stlg,7s.g..lss.-> A.AO
:id eeriee,

Dcbontc.7s.'7SAAO
st Charles Bridge— 10s
U. S.M'g.Os, g.

to,g.,(
Western Union

£.JAD
Til.

78, coup.. 10OO.MAN
reg., 1900..

MAN

7e

10OO.MA8

Sterl'g 6s,

100
90

98

6s,

.

MI8CH.ANEOUS
STOCKS.

(II

I'ar

nick (Mas8.)700
Cambria lron(Pa.)..50
Host.

I

Chioopee.Mass.) ..100

BS

700
655

M

Amer. Diet. Tel
25
Atlan.APuc.Tel.100
Boston Land
10
Boston Water Powor..
Brooklino Land
5
Canton Co. (Halt.). 100
Cary Impr'm't(Bo«t.)5
Cent. N.J. I/d Imp.100 To"

saiiilw.<;iasB(Mass.)80
.Stark Mills (N.H.)IOOO

15c.

A Opv. B'dgG prof.
Equitable Tr.(N.Y)lO0 100
102
111. A St. 1.. Hridgc.100
% 1
Merc'ntile Tr.(N Y) 100 100
N.E. Mtg.Sccur.f Best.) 107
110
O. Dominion 8S.Co.100
Pacific Hail 8S.Co.100
25
24
Prod. Cons.L'd A Pctr.
PiUlm'u Palace CarlOO "784 79'
st. Louis Transfer Co
20
30

TremoutAS.IMassllOO

(.'in.

Thorudikc(Mass.)I000

Union Mfg.(Md.j.
Washingt'nfMass.JlOO

Weed Sow. M'e

(Ct.)25

Willim'tie Linon(Ct)25
(Me.). ..1000

York Co.

Best

1

5

1

Bobtail
Bullion

.",

1000
725
60

64
80

1094

150

American Coal
25
Big Mountain Coal. 10
Buck Mount'n Coal. 50

EXPRESS STCKS
Adams
American

100
100

United States
Wells Fargo

100
100

Butler Coal

41

Locust Mt. Coal
50
Marip'sa L.AM.Call(M)

CAS STOCKS.
Baltimore Gas
100 120
do
certs... 101
People's O.L.nf Balt.25
Boston Gaslight... 500

144
8024

East Boston
25
31
South Boston
100 119
BrookKnc, Mass.. 100 11 a
Cambridge, Mass.. 100 136
Chelsea O. L
100 98
Dorchester, Mass. 100
99
Lawrence, Mass. ..100 122
Lynn, Mass., Gas. .100
854
Maid. A Melrose. ..100
so
Newton A Wat'n ..100 112
Salem, Mass., Qos.100
97
Brooklyn, L. 1
25 165
Citizens', Brooklyn. 20
78
.

.

Metropolitan, B'klyn.
Nassau, Brooklyn ..25
People's, Brooklyn. 10

do
prof. 100
Maryland Coal
100
New Crook Coal
10

128
104
15
805

N.Y. A Middle Coal.25
Ontario 81 1 ver
Pennsylvania Coal-50

:t;i

I'ilot

120
113
L88

do

994
125
BO

98
175

Joseph Lead.... 10
Savage GoldA Silv.100

70

Harlem, N. Y
50 95
Manhattan, N.Y... 50 198
Metropolitan, N.Y.100 127
Mutual of N. Y....100 90
New York, N.Y
100 1
'J.-,

.

Hecla. .25

Copper Falls

Dana
Dawson

160
118
115

Duncan

Silver
Sliver

Franklin

Humboldt

874

.

25
50
25
20
20
25
25

International 8ilver20

100
200

Mesnard

131

Minnesota

Madison

924

National

1274 Osceola

N. Orleans O. L. .100 1034 1044
N. Liberties, Phila. .25 •48
49
Washington. Phila....
Portland, Me., O. L.50
73
75
St. Louis G. 1
50 140 150
Laclede, St. Louis. 100
98
99
Cafondelet. .. ...50
Ban Francisco G L
103 1034
.

A

Nevada Silv.100
Surer City
100
100

silver Hill

Southern StarGASlOO
Union Consol. Silv.100
Yellow Jacket
100

BANK STOCKS.
Baltimore.

180

1

Pctherick

Pcwabio
Phenix
Sidney
idge

Rockland
Star
Superior

'Price nominal; no late transactions,

t

25
25
25
15
25
25
25

50
10
25
25
25

25

173% 174
38

3
10c.
50.

7c.

14

1°6

9
20c.
25c.
50c.

134

114

25
10

10
30c.
30o.

Central National.. 100
Commercial Nat .100
Corn Exch. 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
Un.Stock Y'ds Nat. 100

137
133
102

1094

90

90

170
85

190
95

200
65
90
90
165
150

230
75
10O
95
170
170

62
125
114

10
63

424

100
150

99
93

110
102
130

156
125

Fourth National

160
130

974 100

German Banking Co

1334
Hartford.
1144 115
100 118
Nat
100 1064 .Etna
03
American Nat
50
100 101
Charter Oak Nat. .100 126
111 113
90
100
City Nat
121
1214 Connecticut River. .50 38

123
64
128

85
11
115
106

Merchants' National
Nat.

Bank Commerce.

Second National
Third National

...

Cleveland.

A L.... 100
Commercial Nat ..100
100
First Nat
Merchants' Nat... 100
624 National
City
100
35
Ohio Nat
100
Second Nat
100

25
170
100

Citizens' 8.

133

100
100
100
100
100
100
Broadway
100
Bunker Hill
100
Central
100
City
100
Columbian
100
Commerce
100
Commonwealth ... 100
Continental
100
Eagle
100
Eleventh Ward. . . 100
Eliot
100
iExchange
100
lEverett
100
Faneuil Hall
100
First National
100
First Ward
100
Fourth National.. 100
jFreemans'
100
Globe
100
Hamilton
100
Hlackstone
Blue Hlli
Boston Nat
Boylston

94

95

166

168

IIC

115
140

1044

Far. A Mcoh. Nnt. 100
First Nat
100

97
Nat
1154 Hartford
Mercantile Nat.

141
106
107

.

. .

100
100

National Exchange. 50

115
91
151
114
62
146
110

100
Phomix Nat
100
1004 State
1084
ill,
LOUiSl
22
130
1114 1124 Banket Kentueky
Bank of Louisville
153 155
1084 1094 Citizens' National
105
100
108
20

I

111

City Nat

131
185

133
186

83
85
108
110
118

Fulls City Tobacco.
Farmers' of Ky
1084 Farmers' A Drovers'.
First Nat
112

100 135
§

95
41
116
95
153
117
65
150
113

.

Commercial

of

Ky

834

.

.

87

1184 German

1354 West'u

Financ'l Cp'n.

Quotation per share.

94
98
103

UBxdlT.

131

75
95
112
10
85
95
• •

••«

110
117
165

105
100
108
112
118
170

131

96
110
122

Ins. Co.'s

,

The purchaser also pays accrued int. (In London.

210
108

95
140

120
lOO
120
10O

Boston. II
Atlantic
Atlas

New Englaud

75

130
150
170
125
98

Cincinnati.
First National

Hide A Leather... 100 1104 110% German
Gonnan Nutloual
113
50c (Howard
100 111
Manufacturers'..
994 Kentucky Nat
.100
99
1
00c
50c.
LouisviUo Ins. A B. Co
100 107 108
25c. 30c Market
Masonic
Massachusetts
250 115 120
19
Merchants' National..
Maverick
100 150 151
Northern of Ky
Mechanics' (So. B.J100 132 133
014 People's
Merchandise
100 101
10
100 132% 1334 Second Nat
Merchants'
38
924 Security
100 92
24 Metropolitan
Third National
180
1 00 177
50c. Monument
Tide. Mt. Vernon
100 116 1164 Western
5c.

185
131
101

1V5
98
115

:

1

50c.

112
104

. .

234

77

109
102
109

Chicago.

.

104

1144

1084 108%
1204 121

Loan ATr. C0.IO0
Union Bank of 8. C.5o

Franklin
84 9
124
German American
104 10s
Howard
It
1
8

25

1154 116
114

People's National. 100
People'sofS.C.(new)2o

29
35
iti/.ens'
16
164
Com. A Fanners'. .100 100 110
Fanners' B'k of Md.30
31
27
Farmers' A Merch..40
404 41
:i5
Farmers'APlanters'25
34
274 First Nat. of Bait. 100 120 181

6

131

10»
140
139
200

Cnarleston.

64
24

sierra

.

36

Manufacturers'
Mechanics'

Nassau
Brooklyn Trust.

104

oonsol
Segregated Belch'rlOO

.

Central

Commercial
Long Island

15

204 Seaton

21

137
195

131

St.

765

STOCKS.
Calumet

Fulton
City National...

134

'

50

First National...

S. C.

984

:00

130
130
108
138

Brooklyn

20%

550

;

Alloucz

7%

Overman G. AS. -.100
1918 Raymond A Ely... 100

171

.

1474 140

Brooklyn.
Atlantic

B'k of Chas.(NBA) 100
First Nat. Chas.. .100

BOSTON JOINING

80
45
122

46
i'6%

32
Marine
30
Mechanics'
10%
10
"iir/
105
Merchants'
100 112
National Exoh'ge. 100 105
1% People's
20
25
1*8
Second National ..100 135
Third National. ...100
984
Union
75
614
34
Western
20

.

si;

Union
Washington
Wobster

6%

164
234
174

N. Y.

20

Nicholas Coal... 10
San Juan Si!. Min.100
S. Kaph'lSil.Mob.lOO
do
pref 100
Shamokin Coal
25
Spring Mount. Coal.50
Westmoreland Coal.50 §74
Wilkeab.CoalAI..100

100

30

A Colorado.
Northern Belle.... 100
Ontario
Ophir Silver
100
Orig.Couist'kGASlOO

(St.L)lOO
prcf..

Third Nat
Traders'
Treniont

•33

1

184
364

Suffolk

50

Chesapeake

§25

Shoo A Leather
State

Bank of Baltimore 100 131
Hank of Commerce. 25
7

38

Security

7%

Leopard
100
Lucerne
10
Merrlmac Silver
10
Mexican G. A Silv.100
Moose

100
100
100
100
100
1 00
100
100
1 00
100
100
100
100
100
100
100
100

Shuwmut

44
100
100

Kossuth
Lacrosse

74
139
1100
1323

St.

Flatbush, L. I.....
Charlest'n ,8.C. ,Gas.25
24
.Thlcago Q.& Coke. 100 140
145
Cincinnati G. A Coke
1684 169
Hartford, Ct., O. L..25
47
50

Jersey C.A Hohok'n 20
People's, Jersey C
Louisville G. L
114
Mobile Gob A (Joke. .
Central of N. Y
50 80

I.

Quicksilver Min'g.100

824
674 75

75
30
Wilfiamsb'g, B'klyu50 115

Knob

54
14

10

Kcntuek

425
650
1300
630
280
800

2B

10
974 9S4 Cameron Coal
Coal A Iron. 10
54
544 Clinton
Consol.
Mil.
Coal
of
100
444
Ciimberl'd Coal AL 100
84
George's Ort ("l (Md.)

Cleveland Gold

Hnkiil
Julia Consol
Justice

1075

203
25
30
875 890
130
33
•700 800
13
14
874 90
10
12
71
74
1350 1400

COAL A 7IIISCEL.
TUNING STOCKS.

814 814

3»8

Ask.

People's

Rovoro
Rockland
Second Nat

Caledonia Silver ..100
California
100
Chollur-Potosl
100

I

100 1184 119
100 107 1074
50 60
62

Redemption

H

Bid.

North
North America
Old Boston
Republic

114

Eureka Consol
100
Exchequer G. A S.I 00
Gould A Curry 8.. 100
Grant
100
Granville Gold Co..
Halo A Norcross. .100
Henry Tunnel Co

445
84
85
83
925
224
84
143

144
•15
8

100

Consol. Imperial. .100
Consol. North Slopo
Consol. Virginia... 100
Confidence Silver. 100
100
Crown Point

700

'

Un. Mining (Tenn.). 10
Union Trust
100
U. 8. Mort.Co.(NY)lOO
West. Union Tel. ..100

A Edith.,..
A Belober 100

Bertha

820
144
30
82
1

GAS. 100

nag

kmerioan

Belcher Silver ....100

1134 1144

Gooheoo (N. 11.). ...500 670
511
153
6
OolUnsCo. (Conn.). .10
128
87
79
Continental (Mo.). 100
7 -J
tea
Iiougl'sAxe(Mah8)100 1084
Dwlgbt (Mass.). ..500 435
82
Everett (Mobs.)... 100
105
101
Franklin (Mo.).... 100
U044 105 Groat Falls (N. H.)100 824
Hamilton (Mass.) 1000 900
(1(1
95
riartf. Carpet (Ct.)lOO 220
92 4
82
Hill(Mc)
100
92ia
Holyoko W. Power.100 138
Jackson (N.H.).. 1000 1050
994 100 Kearsarge
90
Loconia(Me)
400 415
!964 97 4 Lancaster M.(N.H)400 600
Lawrence (Muss.) 1000 1260
Lowell (Mass)
690 620
106% 1074 Lowell BIeachery.200 270
lOfi'e
Lowell Mach.8hop.500 750
[98 100
Lyman M. (Mass.). 100 73
Manchester (N.H.) 100 135
Moss. Cotton
1000 1080
Merriinack(Muss)1000 1320
Middlesex (Mass.). 100 xl70
Nashua (N. H.)....500 535
Nnumkcag (Moss.)lOO 98
24
N. E. Glass (Mas8.)500 190
194 20 Pacific (Mass.)... 1000 1915
238
24 Penn. Salt Mfg. Co.. 50 :r.(i
2»8
24 Peppcrell (Mo.)
500 760
3
2
Salisbury (Mass.).. 100
204
Salmon Falls(N.H.)300 201
:o:i

19*8 Alpha Consol

1490
103

Bank Stocks.

Ask.

Bid.

ARI. BOA It D
MINING STOCKS

Am.B.H.S.M.(Pa.>124 §195s
Amoskeag (N.H.) 1000 lies
androMogfn (Me.).100 102
Appleton (Mass.). 1000 815
At hinl io (Mush.)... 100 111
25
Hani, tt (Mass.). ..100
Kill
81
Hates (Me)
Boott Cot. (Mass.)lOOO 1505
Boston Co.(Mass.)1000 995

92

8!)

Coal—

ist.M.. 7s,

MlBCT.U.ANKOUS.

STOCKS.

(Ball
.

Ask.

MANUFACriNC

*

BONDS.
Canton

Bid.

15

97

98

123
87

124

102
95V

THE CHRONICLE

404

XXV.

[Vol.

GENERAL QUOTATIONS OP STOCKS AND BONDS— Concluded.
For Explanations See Notes
Bank

Stocks.

Bank

Ask.

Bid.

Stocks.

Commonwealth Nat 50

Mobile.
10

50
8
First Nat
100 105
70
Nat. Commercial. 100
Southern B'k of Ala25
of Mobile

75
20

Montreal.
British N. America.

Commerce

50
100
Consolidated
Dominion
50
Du Penple
50
Eastern Townships 50
100
Exchange
Federal
100
Hamilton
100
Imperial
100
Jacques Cartier...l00
Maritime
100
100
Merchants'
100
Metropolitan
50
Molsons
200
Montreal
Nationale
50
40
Ontario
Quebec
100
Standard
100
Toronto
Union
100
Ville Marie
100

New
Canal

105

118% 119%
86
87%
122%

M

87
107
73

.

3%

100% 101%

97%
53%
671a

20
104

163% I6414
102

103

73

7.3

100
100
100
50
100

Citizens'

Germauia Nat
Hibornia Nat

65
68

69

76%

94
75

Mutual Nat

80
80
45

New

100

105

*50

60

130

135

55

68

165'

169'

130

*55
*70

150

58
so

Portland, Me.

City

138

Bank

57
155
144
139
105
139

22

Nat

First

Nat. Bk of VirginialOO
66*2 Planters' Nat
100
State Bank of Va.100

111
75

80
90
114

120
102
Chatham
25 122
Chemical
100
City
100 200
101
Citizens'
25
Commerce
100 125% 127
Continental
100 70
Corn Exchange .. .100 126
East River
25
92%
Eleventh Ward
25
First National
100 200
Fourth National. 100 98 ioo
Fulton
30 xl40
Fifth Avenue
100 217
Gallatin National ..50 115
German American 100 65
Germania
100
Greenwich
20 100
Grocers*
40
82
Hanover
100 98
99
Importers' & Tr...l00
204
Irving
50 120
Leather Manufts.,100
Manhattan
50 135
Manuf. <fc Merch'ts.60 85
Marino
100
81
Market
100
Mechanics'
25 132 133
Mechanics' B. Ass'nSO
57
Mechanics' & Xr.. .25
Mercantile
100 90 100
Merchants'
50 116 118
Merohants' Exch'ge50
87
Metropolitan
100 130 131
Nassau
100
New York
100 115 116%
N. Y. Nat. Exch'gelOO
New York County 100
Ninth National. .100 50
62%
North America
100 80
North River
50
Oriental
25
170
Pacific
50 130
Park
100 107
People's
25 130
Phcnix
20 102
Republic
100
91
Second National.. 100
Seventh Ward
100
Shoe & Leather
100
8t. Nicholas
100
85
State of N. Y. (new) 100 118
Tenth National
100
«5
Tradesmen's
40 120
Union
50 138
. .

.

. .

Philadelphia. S
B'k of N. America .100 213
Central National. .100 175
City National
50 86
Commercial Nat.. ..50 57

245
180

Price nominal

88
ta
;

no

Ask

75
78

80
82

100
100
F.

AM.. 100 xl26 130
95
100 xl47

100
152

20 30
American
20 65
Cincinnati
25 126
Citizens'
20
Commercial
25 147
Kagle
100 125
Enterprise
20 85
Eureka
20 85
Fidelity
20 100
Firemen's
20 145
Germania
20 117
Globe
20 110
Merchants'* Manuf 20 128
Miami Valley
50 125
National
100 110
Union
20 65
Washington
20 95
Western
25 125

40
70
130

Suffolk Mutual... .100

Washington

Cincinnati.

Amazon

.

M

70

Valley National. ..100

San Francisco.
100
92

Anglo-California
Bank of California

95
97
65
115

Pacific

100 150
100 104
100 190
50
55

(rational

Orient
Phoenix
Steam Boiler

IiOiidon.
Commerc'l Union. £50
Qoardlan
100
Imperial Fire
100

Lancashire F. & L. .20
London Ass. Corp.
Liv. & Lond. & Globe 2
North'nFire&I.ifo LOO
North Brit. & Mor.,50

19
78
143

7%
65
14
39

70
100
130

Importers'
Irving
Jefferson

&

222
45
118
225
155
108
195
60

3%

18=8

50 110

100 85
30 130
Kings Co. (B'klyn) .20 170
Knickerbocker
40
Lafayette (B'klyn) .50 140
Lamar
100 100
Lenox
25 95
Long Isl'd (B'klyn). 50 150.
25
Manuf. &Builders'100
Manhattan
100
Meeh. & Traders'. .25
Mechanics' (B'klyn)50
Mercantile
50
Merchants'
50
Lorillard

.

Metropolitan

Montauk

(B'klyn)

. .

Nassau (B'klyn)
National

New York City
N. Y. Equitable
New York Fire

102

93
97
100
67
120

Factors'* Trad's' Mut
Mobile Fire Dep't..25
Mobile Mutual
70
Planters'

& Merch.Mut

Stonewall

Wash' ton Fire

New

80
16
50
80
80
35

& M 50
. .

Orleans.

73%
99%

Crescent Mutual
Factors'

and Traders'.

47

Firemen's

Germauia
Hibernia

73

Home

19=4

48%
17%

Hope
Lafayette
Merchants' Mutual
Mechanics' & Traders'
NewOrleans Ins. Ass'n
New Orleans Ins. Co

40

Peter Cooper
People's

People's

New

STOCKS.
Baltimore.

99
'

25

42%
6%
4%
13

7
27
43

it;

Boston.
100

tS5

& M. .100

131
100 117%
Boylst'n Mut.F&MlOO 130
Commonwealth. ..100 110
Dwelling House. ..100 X116
Eliot
100 X142
Faneuil Hall
100 72
Fireman's
100 X144
Franklin
100 x85
Globe (closing! .... 100
Manufacturers'. ..100 xl35
Mass. Mutual
100 *111
Mechanics' MutuallOO
90
Mercantile F. & M.100 140
NeptunoF. & M... 100x122

Boston

N.Engl'dMnt.F&MlOO
North America
100 xl25
Prescott
100x125
&

90
133
118
131

115
117
144
73
145

87
140
117
94

MOM
123

90
130
130

25 200
200
1
Citizens'
20 170
City
70 135
Clinton
100 130
Columbia
30
Commerce Fire
100
Commercial
50
Continental
100 140
Eagle
40
Empire City
100 115
Emporium
100
Exchange
30
Karragut
SO 125
Firemen's
17 110
Firemen's Fund
10
Firemen's Trust
IO 110
Franklin
100
Gebhard
100
German-American 100 114
Germania
50 170
Globe
50 125
Grecnwioh
25 280
100
Guaranty
Guardian
100 80
Hamilton
15 135
Hanover
50
50
Hoffman
Home
100 102
Brooklyn

Hope

Quotation per share.

...25
t

180
135
110

155
108
100

95
140
140
93

117

80
195
115
118

220

230

185

200
160

150

157

75

90
95
80
110
60

130

168

120
100
117
120
85

130
95

150
145
100
190

110
200

100
50 285
100

Delaware Mutual ... 25
Ins. Co. of N. Am'ca 10
Ins. Co. State of Pa 200
Pennsylvania Fire 100

29
i'55

300

30
160"

Richmond.
City

80

Commercial

18%

100
25
100
85
Merchants'&Mech.lOO 89
100% Old Dominion
100 40
Piedm't<& A. Life. 100 102
55
Richm'd Fire Ass'n. 25
16
Virginia F. & M
25
39
Virginia Home
100 100
Virginia State
25
28
15

Central.. 2]

100
100
100
100
100
100
100

Franklin
\

Pacific

Phcenix
St. Louis

80
100
150

75
55
105
205

50
212
210
185
150
65

70

135
120
65
118

MARINE
SCRIP

New

1KU1
1X75

Assessment paid.

75
15
80
75

20

Pacific

112
80
100
105
113

INS.
Ac.

York.

Mutual—

1874
1875
1876
1877
Commercial Mutual—
1871
1877
...
New York Mutual—
1864
1876
Orient

95
106
90

20
65
70

100 110
Commercial
100 75
Firemen's Fund. ..100
95
Home Mutual
State Investment. 100 100
100 112
Union

70

60
95
150

19

San Francisco

117
180
140
2!)0

18%
41
105
30

97%

California

Atlantic

225
123
100

50

St. IiOnls.

101% Jefferson
Marine

York.

Broadway

92
140
180

Granite

39"

Brewers'&M'ist'rs.lOO

5%

Associate Firetnen's.5
Baltimore Fire Ins. 10
Firemen's Insur'co. 18
Howard Fire
5
Maryland Fire
10
Merchants' Mutual. 50
National Fire
10

37

34% 37

Sun Mutual

Union

75
85
19
55
85
85

117

Philadelphia. $

28% American
Citizens'

25 70
.Etna
100
American
50 135
American Exch...lO0 100
Amity
100
Arctic
20
Atlantic
50
Bowery
25

FIRE INSUR'CE

35
100
50
25
25
100
20
50

Niagara
North River

Fire Association
Franklin Fire

Citizens' Mutual. ..100

Ask.

145

37% 110

.

3%

85

130
130
160
160
85
160

30
50
50

Phenix (B'klyn)
50
Produce ExcliangelOO
Relief
50
Republic
100
Ridgewood
100
Resolute
100
Rutgers'
25
Safeguard
100
St. Nicholas
52
.Standard
50
20
Star
100
80
Sterling
100
145
Stu.vvosant
25
25
7%, Tradesmen's
67
United States
25
14%' Westchester
10
41
Williamsburg City .50

18%

Bid.

Trad. .50 105

44% 44%

Adriatic

late transactions.

105
150
119
112
130
130
115

Howard

Park

Teutonia

B'k of S. FranciscolOO
FirstNat. Gold.... 100
Grangers' B'k of C.100
Merchants' Exch.,100

F.

90

Hartford, Conn

.

American

88

Mobile.

Commerce .100 300

Alliance

85

150
130

Insukance Stocks.

Pacitio

Louis.

.

25
Drovers25

Revere

Bid.

American Fire

305
B'k of N. America. 100
5
Boatmen's Bank 100 il2" 114
100
140
Commercial
100
Continental
100
82%
Exchange
Fourth National ..100 200
40
100 32
International
100
Iron Mountain
Lucas
100
Market Street
00
100
Mechanics'
10
Merchants', Old
75
7S
Merchants' Nat ...100
Second National ..100
114
St. Louis National. 100
75
77
Third National.... 100
B'k of

Insurance Stocks.

Queen Fire & Lifo..lO
Royal Insurance. ... 20

17% 18%
St.

Page of Quotation*.

.Etna Fire
100 218
Atlas Insurance. ..100
40
Connecticut
100 112
100 220
Hartford

45
62
75

Central National.. 100

*

175
160
132
65

27% 28

20
25
100 117%
100
Merohants' Nat...

95
84

BrCw'rs'A- Groe'rs'100
.&

60
60

First

Shawmut
Shoe* L.

Richmond, Va

108

0%

York.

Broadway

155
158
131

National Traders'. 100

America
100 135
American Exch'gelOO xl04«
Bank.& Br'kers A. 100 85
Butchers

33

78

11% 15

.

30

Cumberland Nat.. .40 56
100 152
Canal Nat
100 140
Caaeo Nat
100 138
FirstNat
Merchants' Nat
75 104

95
80
120

Lafayette
Louisiana Nat.. ..
Mechanics' & Trad..20

100
New Orleans Nat. 100
People's
50
Southern
50
State Nat
100
Union
100
Workingmen's
25

Ask.

156%

Orleans-

& Banking. .100

Bid.

.

. .

184
53
67
14
101

Corn Exohange Nat.50
100
Eighth Nat
100
FirstNat
Farmers'&Mech.N. 100
40
Girard National
50
Kensington Nat
Manufacturers' Nat.25
100
Mechanics' Nat
Nat. B'k Commerce. 50
Nat. B'k Germant'n.50
Nat.B'k N. Liberties 50
Nat. B'k Republic 1 00
National Security. 100
Penn National
50
People's
100
Philadelphia Nat 100
100
Second Nat
Seventh Nat
100
100
SixthNat
South walk Nat
50
100
Spring Garden
Ward
50
SKM
100
Third Nat
Union Banking Co.100
Union Nat
50
50
Western Nat
West Philadelphia. 100

Head of

•48

Consolidation Nat.. 30

Bank

at

102% 103
101

102

100
99

100

100
75

101

103

80

90
60

Mutual—
80
50

Mutual—
90

1868
1876
Union Mutual
1864
1876
Great Western stock..

85

Mercantile stock
Sun stock

70
50

50
90

57% 60
100
75

OcnoBBB

THE CHRONICLE.'

87, 1877.J

3

_

nuestmenfs

STATE, CITY AND CORPORATION FINANCES.
Supplement" Is published on the last Saturday
subscribers ol the
of each month, and furnished to all regular
Chroniclb. No single copies of the Supplement are sold at the
printed to supply regular
office, as only a sufficient number is
subscribers.

ANNUAL REPORTS.

—

-

in this State
Detroit

425

miles.

1300

"
"
"
"

Bay City

Glencoe Pinconniug & Lake i-hore
Lake Shore & Michigan Southern
Kalamazoo & South llaveu
Michigan Air Lino Railroad

"09

12
40

1846

Total increase

miles.

The following roads show a decrease from re-measurement
21

"
4-00 miles_

Total of decrease
for the year in Michigan
which add Chicago & Northeastern

Net gain

To

:

1"6 miles.

Grand Ri»er Valley
Jackson Lansing & Saginaw

Interest.
a 79 904

,

,.

&

'"]
,

..........
...."."
'."'

Traverse City
Total

"

1446

.

-

60 00

"

6116 miles

f" Total net Increase of road for the year

881260
11950
186400
s-'obO
106 COO
iy'150

$86*,SM'

1 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 de fault of
$96,215 20 Over the previous year:

Interest
unpaid.

roads —

Railroads of Michigan.
(For the year 1876.)
From the report of Mr. B. W. Williams, Commissioner of Railroads, we have the following statistics for the year 1876.
RAILROAD MILE\GE AND CONSTRUCTION.
The thirty six corporations doing business in this State own a
total of 5,25235 miles of road, and operate a total of 5,690-28
miles a net gain over the previous year of 2530 mileB. Of the
above total, there are in this State 3,360 67 miles of operated
road, to which must be added that of the Chicago & Northeastern, from Lansing to Flint, 50 miles, which was completed in
the closing dayB of 1876, and which, with the above total, gives
3,41067 miles of completed road in this State.
The following table exhibits the itemized increase for the year

&

.

Bay City
Michigan Midland & Canada.
Toledo Canada Southern & Detroit
Detroit

" Investors'

Amonntof

.

Roads.
Chicago A Chiiada Southern
Chicago & Lake Huron
Chi' ago Saginaw & Canada

AND

The

-lor,

Chicago

& Michigan Lake
& Milwaukee

Shore...,

$49*^60

Detroit
Detroit Hillsdale & Southwestern..
Detroit Lansing & Lake Michigan
Flint & Pere Marquette
Fort Wayne Jackson <fc Saginaw

815,716

•

444
835,'.40

.

881,884

Marquette Houghton & Ontonagon.
Michigan Lake chore

::::::.:::::::::::::::

Total

3SS
70,400

$2,277,025

The operating expenses,

interest and rental of the twenty-five
following-named roads exceeded their income by the several
amounts named, which together make a total deficit for the year of
$3,734,558, an amount less by $54,968 than for the previous year:
EXCESS OP OPERATING EXPENSES, INTEREST AND RENTAL OVER INCOME.

RoadsChicago
Chicago
Chicago

&
&
&

Canada Sonthern
Lake Huron

$203,815
..

Michigan Lake Shore

& Canada Grand Trunk
Chicago Saginaw & Canada
Detroit & Bay City
Detroit & Milwaukee
Detroit, Lansing & Lake Michigan....
Flint & Pere Marqnette
Fort Wayne Jackson & Saginaw
Glencoe Pinconiiing & Lake Shore
Grand Rapids & Indiana
1

Junction

hicigo Detroit

Hecla& Torch Lake
Kalamazoo Allegau <fc Grand Rapids
Kalamazoo & White Pigeon
Mansfield Coldwater & Lake Michigan
Marquette Houghton & Ontonagon
Grand River Valley
Jackson Lansing & Saginaw
Kalamazoo & South Haven

7:1,140

15,857
60,869
304,811
218,728
457,432
71,058
3,615
307,907
20,184
40,878
24,595
14,994
172.5C0
77.330
173,;^8

.•

...

..

313,392
451,282

4:4,592

Michigan Air Line Railroad

363.147

In order to show the growth of the railroad system of our Michigan Lake Shore
61,085
S8.0CO
State, the following table has been prepared, showing the num- Michigan Midland & Canada
Toledo
241,196
Canada
Southern
&
Detroit
ber of completed miles of road in the State each year since and Traverse City
12,805
including 1838. From this table it will be seen that during this
passed
without
have
five
years
Total
$8,734,558
some
period of 38 years only
DIVIDENDS.
increase in our railroad mileage 1842, 1847, 1853, 1854 and
Four companies report dividends paid during the year as
railroad
greatest
activity
in
building
year
of
was
1860 ; and the
1871, which witnessed the completion of 559 miles, while the follows:
Chicago & Northwestern, one of 2% per cent on preferred stock,
least done was in 1863, when only one mile was built
-.

—

Miles.
«3

Tear.
1838

..

104
147
147
180
820
223
879

184*....

1843
1814..

.

1845
1846

Year.

Tear.

Miles.

M6

1848 ...
1819....

1858....

Miles.
70S

|

Tear.

Miles-

lt6S....

1,1*4
1,86*

353
1860.
1861....
1662.
1863,
1864.
.

1851....
1652 ...
1853....
1854
18'.5

1656....

1817....

421

425
425
455
462
530
579

....

777
811

|

|

1871
1872....

812| 1873....
1874
1875.

1865

891
931

1866... ....

94311876....

.

1

.

.

1867

;

|

2,298
. .

.

3.252
3,313

l,0t«

leased roads, I

;

;

OPERATING EXPENSES.
amount expended lor the operation of our roads for
the year was $26,885,103, a sum less by $2,700,517, or ten and
total

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

" 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 Railroad is leased to the Grand Truni 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 amounting to $54,750.
"The Kalamazoo Allegan & Grand Rapids is leased to the
Lake Shore & Michigan Southern Railway, which ^ays the inter-

—

est

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 percent on its stock— $491,200—
amounting to $24,560.
" The Jackson Lansing & Saginaw Is leased to the Michigan
Central 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
1573.

Grain...-,

Flonr

3.

Provisions (beef, pork, lard, etc)

4.

Animals
Oth<r agricultural products
Lumber and forest products

Michigan Air Line R'tllroad
Toledo Canada Sonthern <fe Detroit

13.

5.

'.'.','.'.

...

..

lii'MIT
138,116

6.
7.

Coal

8.

Plaster...
Salt

9.

16.

Manufacture'— articles (hipped from

17.

point of production
Merchandisu and other articles

II.

Total

$378,256

INTEREST AND RENTAL.
The following companies report their entire
year unpaid

:

interest for the

enumerated above

1876.

Per

Per

cent.

cent.

893

6-88
3-»l

2-87
B-17

14 07

848

1618

I'M
1717

S-86
19-11

680

6-61

7*5

254

15.

IS.

1875.

Per
cent.
15-15

!'99
5-78

Petroleum
Hail oad iron— Iron and
Pig anrt bloom Iron
Oincr iron and castings
Ores
Stone and brick

1S74.

Per
cent.

1154
464

1.

2.

10.
11.

".

—

Classes of Freight Carried.

:

t

on its bonds— $840,000— amounting to $67,200, and an annual
its stock— $810,000—of 6 per cent, amounting to

$36,600.
" The

In 1873 seven roads failed to make their earnings equal the
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
OPERATING EXPENSES ABOVE EARNINGS.
Roads
Chicago & Canada Sonthern
$'23,821
.".!"".'.!.
Chicago Saginaw & Canada
-j'907
'..*[
Hecla & orcti Lake
80*184
;

—

—

d vidend on

;

expense of operaiiou

in

for 1875:

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 passenfers were $11,263,942, a decrease from the year previous of
from freight, $26,945,752, a decrease of $407,975 from
326,951
mails, $1,074,785, an increase of $129,364 ; from express, $759,724,
a decrease of $24,631 ; lrom other sources, $339,014, a decrease
of $71,868. The earnings per mile of road were $7,094 39 a decrease of $135 11 per mile. The passenger earnings were twentyseven and nine-tenths per cent of the whole ; the freight earnings, sixty-six and eight-tenths percent ; the 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 cei t of the whole.
The gross earnings of our roads have rapidly decreased from
148,158,363 in 1873 to $45,899,289 in 1874, $41,085,220 in 1875
*nd $10,883,219 in 1876, a falling off in four years of $7,775,143.

_

regard to the rental dividends paid to our
quote the following from the report of this office

For information
3,410

The aggregate earnings

|4,687.

.$2,212,538 34

Total

..

GROSS EARNINGS.

The

amounting to
$538,111 68
Lake Shore & Michigan Southern, one of 10 per cent on guaran53,350 00
teed stock, amounting to
And one of 3X per cent on common stock, amounting to
1,607,661 25
Michigan Air Line, one of 2'63 per cent on common stock,
7,890 58
amountingto
5,575 00
Mineral range, one of 5 percent in stock, amounting to

steel rails

3 95
6*47

2 6»
18-78
7-88

•58
•51

•34

5-05

4-et

•31

•01
•77

•85
1-117

j.

n
S3

1-tt
T-74

149

9-77
1-48

6-55
1-88

*'S6

1-18

2-15

M$

32,2

W54

18-08

19-44

!''•»

not

IIS

THE CHRONICLE.

408
East Tennessee Virginia

{For

the year ending

&

June

Georgia.

to operate the

the annual report of Mr. R. T. Wilson, President of this
important railroad company, we have the following

The revenue receipts were
From freight
From passengers
From United States mail
From express
From miscellaneous sources
From interest on Western North Carolina bonds

$632 619
300,025
49,887
18,395
3.221
16,030

Total gross revenue
Operating expenses and taxes, 66 22-100 per cent

$1,010,0*9
6(8,923

Net revenue, 83 78-100 per cent
Interest and exchange paid
Leaving, after paying Interest, taxes and operating expenses

$341,156
283,7u9
57.416

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 hereafter stated.
The following amounts have been expended for renewals, betterments and taxes, and charged in the expenses as above
stated, viz.
3,000 tons of new iron rails
111,000 new cross-ties

.,
'

374,935

3^709
23019
9^712
s'ooO

iron, to take the place of
'

8 059
15,486

Total

$110,0D2

Compared with the previous year,
Decrease in gross revenue of
Decrease in net revenue of
x
And a reduction in expenses of
•

shows

Memphis & Charleston

as follows

:

$64 906
.'.!.'.".*]

.'."."..'

18'4<8
46*471

Railroad, for account and

and account to it for all net proceeds.
not be a source of any direct profit to your company, but
risk of the latter,

30, 1877.)

Prom

For building and renewing cars
For renewing locomotives with new boilers
For ballasting
miles track
For building high span Loudon bridge with
wooden span blown down, leng'h 170 feet
For taxes paid during the year,,

[Vol XXV.

lieved

It will
it is

be-

isalike beneficial to the interests of both parties to it
to
have the unified management and interchange of business, provided for in the lease, carried into effect and continued under it.
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 of, from time to
time
making advances to that company of funds (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.
it

;

Western Maryland Railroad.
{For the year ending Sept. 30, 1877.)
The annual meeting of stockholders of the Western Maryland
Railroad was held this week in Baltimore. Mr. J. M. ilood,
president and general manager, submitted his report of operations for the year ending Sept. 30, 1877, from which the following is extracted
Gross earnings

From passengers
From freight and express
From milk and marketing
From mails
From miscellaneous sources

$!36,8M
,'."

'."'.'..'. ..'.'.

.'.

.!...""..!.

'.

Total..

I5*7M
fi'ffl

5^*96

$332^035

The operating expenses were
Expenses transportation department
Expenses machinery department
Expenses road department

.,.'.

$122,861
37^593
45,318

..'.'...".
14,167
Reference is made to the very full and satisfactory report of General expenses
Vice-President and Superintendent McGhee, herewith submitted,
Tolal
$219,9)0
for further information respecting the operations of the road and
Net earnings
$112,146
its business for the year.
The earnings, as compared with 1870, are as follows:
The bonded indebtedness shows the following changes since
the date of our last report
Decrease from passengers
$2,651
Increase from freight and express
ly,389
1. The redemption of $135,300 of 6 percent divisional bonds
(E.
Increase from milk and marketing
,.
;07
T. & Georgia Railroad Company), matured July 1, 1876.
Docrosee from malls
423
2. Sale of $37,000 of the first mortgage 7 per cent issue, less
Increase from miscellaneous sources
3.321
$27,000 of that issue bought for sinking~fund account, making a
TotaT increase of earnings
$20,183
net reduction of $125,300 in the bonded indebledness of the
The expenses, as compared with 1876, are as follows
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 Decrease in expenses transportation department
$612
Increase in expenses machinery department
613
of which the Company may dispose of at its option.
Increase in expenses road department
4,706
There are also in the Treasury $229,000 7 per cent Western Decrease in general expenses
321
North Caroliua Railroad bonds, on which interest is paid semiincreaseTotal
of
expenses
$4,381
annually, that can also be sold as soon a? satisfactory prices can
be had for them.
do not think this will be a great while, as
Increase ia net earnings
$15,798
their intrinsic value is such as to secure for them a market at
The above comparison of net results would be still more favorno very distant time. They are a first mortgage lien at the
able for 1877 but lor the fact that a full year's rent of Hillen
rate of about $7,000 per mile on completed road, which will be
Station is included in the expeuses of 1877, while at the close of
reduced to about $5,000 per mile by the completion of the line
previous fiscal year the company had only occupied this stanow being built to Paint Rock, which is covered by the mortgage the
tion for eight months, and in consequence bad paid the city
securing these bonds, and in addition to this security the cou$5,333 33 less in that year; otherwise the above comparison would
pons are receivable for all dues to the State of North Carolina,
have shown an increase in net earnings of $21,132 26, instead of
•which gives increased value to them for home or North Carolina
$15,798 93. The falling off in passenger receipts occurred in
investment. A floatiug debt of about $128,000 has been created
July and is wholly due to the suspension of travel during the
by the redemption of bonds, as previously stated. This should
There were moved during the year 339,111
late labor troubles.
be funded by the sale ot first mortgage seven per cent bonds,
passengers and 131,367 tons of freight, making a decrease from
or else discharged by the proceeds of sale of the Western
North Carolina bonds, as soon as either can be disposed of at sat- 1876 of 3,455 passengers and an increase in freight of
tons.
The performance of the transportation department
isfactory prices.
The return of our first mortgage seven per 18,677
for the year was equivalent to the movement of 6,582,241 pascent bonds from Europe, caused by the general want of consengers and 4,692,089 tons of freight a distance of one mile, as
fidence in American railroad securities, and the pressure to make
against 6,737,061 passengers and 4,831,932 tons in 1876.
Bales resulting therefrom, has reduced the price of our first mortThe following comparison of revenue for the several fiscal
gage seven per cent bonds from about 91 to 90 cents on the
years since October 1, 1869, is given
dollar, and rendered it more or less difficult to effect sales at
the Tear ending September 30th, 1870, revenue was
$137.1
reduced price.
Year ending September 30th, 1871, revenue was
170,929 01
The entire floating debt, however, in excess of cash and cash Year ending September 30th, 1872, revenue was
188, 102 72
318, i8 28
asBetB on hand is not large, and the proceeds of the Western Year ending September 30th, 1973. revenue was
ending September 80th, 1874, revenue was
277,792 24
North Carolina bonds sold at 85 cents would suffice to pay all of Year
293,718 04
Year ending September 30th, 1875, revenue was
it of every class whatsoever, and in the meantime the
311,992 55
interest Year ending September 30th, 1876, revenue was
332,095 87
received on these bonds will more than equal the cost of carrying Year ending September 30th, 1877, revenue was
our small floating debt.
The amounts given above as revenue for the years 1876 and
Rates on through business were raised about the first of the 1877 do not include $25,486 32, in 1876, and $28,214 95, in 1877,
present fiscal year to something like living prices, which, together which were earned by this company upon the tracks of the
with a somewhat enlarged volume of traffic, have increased the Northern Central and Baltimore & Potomac roads, and turned
receipts for the first quarter of the present fiscal year ending over to those companies in payment for the use of certain terminal
September 30 about $33,000 as compared with the same lime last facilities and for the means ol reaching others, which have mateyear.
If a proportionable increase continues through the other rially increased the freight business of the road.
three-quarters of the present fiscal year, the company will be able
In regard to the company's ability in the future to pay the
to pay its interest and earn a dividend of C per cent on its capital current interest upon its unendorsed bonds, there is now no apstock.
parent reason why the payments upon those of the first mortWork is progressing on the Western North Carolina Railroad, gaged need again be interrupted but as the company is already
but not as rapidly as our interest leads your board to desire; still! one coupon in arrears upon this class of bonds, which should be
we hope by and by that that valuable connection will be opened paid by 1st July next, and as it is desirable that certain important
to your road and to the business of the States of North and South
improvements should be made at an early day, including a more
Carolina with East Tennessee. If it were finished and the Knox- extensive introduction of steel rails upon the eastern end of the
ville & Ohio Railroad completed to a point on the Cincinnati road, upon which the traffic, without that expected from the BalSouthern, there would be a large traffic between the Northwest timore & Hanover road, has already become quite heavy, and as
and Southeast passed over your road from Knoxville to Wolf the large necessary additions to the equipment recently made ara
Creek, which would largely increase its earnings from that not yet entirely paid for, the board of directors of this company,
source, to say nothirjg of the increase resulting from coal and after due consultation with the city Finance Commissioners, has
other articles of local or East Tennessee production.
determined, if agreeable to holders, to offer to fund for ten years
Your Board of Directors have entered into a contract at six per cent the seven overdue, together with the four coupons
with the Memphis & Charleston Railroad Company for a lease next maturing, upon the second preferred bonds and it is believed
for twenty years of the road of that company, under which
the that the interests of all concerned will bo materially advanced by
East Tennessee Virginia & Georgia Railroad Company agrees a general concurrence in this matter.
.

.

,

:

We

;

:

1

;

;

OCTOnKit

THE CHKuMCLR

07, 1S77.

In order that those most interested may the better understand
tha probabilities of tbelr subsequently maturing coupons being
paid promptly, it will suffice to say that when the payments now
being nude for new equipment are completed (the last in April
the application to interest purposes of net revenue thus
applied will of itself more than pay the interest upon the second
preferred bonds.

GENERAL INVESTMENT NEWS.
Alexandria (Va.) City Debt.— The bonded debt of the city
The city debt commission apexceeds one million dollars.
pointed by tli.- city council to scale the debt issued circulars to
the bondholders, some months ago, inviting them to meet the
commission In Alexandria, Oct. 18, and a considerable number
assembled and met the commission at the council chamber.
Mayor Kemper presided, and made a statement to the effect that
the assessed value of the real property, public and private, in
the city was little in excess of $4,000,000. The taxeB in a considerable part of the town were in excess of the rents, and under
these circumstances the city had determined to ask a compromise
of the debt at fifty cents on the dollar, giving ample security for
regular and prompt payment of interest on the scaled debt. The
bondholders, by a vote of 89 to 57, declined 50 cents, but offered
to compromise at 66 2 3 cents, which the city commissioners declined.
Auditor Brockett anneunced that $300,000 of stock had
accepted 50 cents.
Atlantic & Gulf. A bill for the foreclosure of the second
mortgage has been filed in the United States Circuit Court by
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 hag
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
BoBton 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 relinquished 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
lided over. Mr. Farlow said that, above all things, he would
u
..
'j
,
ii .„ .
•,|
r ;^ ii,„
, ,' = '„
advise
the k™,n
bondholders
to avoid v.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 committee was appointed to go out and see the property and report.
Cincinnati Southern.— The statement of operations of this
partly-completed road uuring the fractional quarter ending Sept.
S
V

—

—

—

,

„

,

in

407

bringing the company out of its present embarrassed condi
A director of the company subsequently stated that no

tion.

obligation of the company had gone to protest.
Tlie committee subscribed $160,000, which was to be
tendered
to Frank Work, and a return of the securities of the
road requested. President Richardson stated that he was largely interested in the road, owning 3,000 shares of the stock, and he would
be second to none in his efforts to secure a successful operation
of the line.
He placed his resignation in the hands of Messrs.
Dowd and Porter, and declared himself ready to retire whenever

requested to do

bo,

The receiver filed his bond and took possession of the road.
The committee of New York stockholders arrived in 8t. Louis on
October 22, and through counsel have applied for
recent order appointing the receiver.

a"

review of the

Indianapolis Blooming-ton & Western.— Messrs. H. C. Stimson and Receiver George B. Wright have prepared a plan of reorganization which scales the indebtedness down from 70 to 25
per cent, and preserves 20 per cent of the old stock. In May,
1877, two decrees of foreclosure were entered against the*main
line and extension, but the sales have not yet been made.
Messrs. Stiinsou & Wright report in favor of preserving the
three divisions, and maintaining them as a united line of road,
and they declare that any separation would cause loss and injury
to all the bondholders.
The outstanding securities of the company and the proportion in which the j.roposed ne.w issues are to
be distributed are as follows
Income
:

To

holders of

Danv. Urbana
I,

B.

& W.

Bi.

& P bonds..

firsts

Extension bonds
Claims allowed
I. B. & W. seconds
Floating debt

New first

bonds or

Common

mortge b'ds.

pref. 'lock.

lock.
s

~3,'ood,'oo6

$1,400,000
1.500,000

5,50). 900

1,400.000

7(0 000

$MM,OO0
1,500,000
2,600,000

700,000

1,500,0(0
8.CO0.00O
7,800,000

Original stock

Total

Outstanding,
$2,000,000

£(M,6cd

375,000
760,000
l,5J0,0O0

$23,300,00)

$5,000,000

$5,000.COO

$3,645,000

The gross earnings

of the entire line for the six months ended
June 30, 1877, were $599,224, and the operating expenses were
$545,577, leaving as the net earnings, $53,647. This is at the
rate of 173 per cent for six months on the proposed first mortgage bonds of $5,000,000.

Kansas Pacifltf.— 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
lowing statement of the present condition of the trust

fol-

Sales this year to August 31, 1877, 58,433 acres, amounting to
$188,737
"
18
i
town
ow i]lots,
"
410
1'
,
n„.j"paid
hi"
J since
Bonds
in on account of sales off!
land
si
November 3, 1876
36,350
Amount of first mortgage
tgage bonds outstanding
outstandln October 9, 1817
1,655,350
•'
"
redeemed in all
314,750
Cash on hand October 9, 1377
10,80?
Obligations for land so d on hand teptember 1st, 1877
508,034
Cash paid on account of interest due January 1, 1877
40.412
Lands unsold this day estimated about
9,000,000 acres.
,

<

.

Maximum

claimed, about
In conflict, about

3,084,H25

"

106,800

"

Minimum

' 1
claimed, about
•
1,978,125
liquidation of the bonds secured by the mortgage
i>o ni
of March 1, 1866, is now about complete, requiring about
*23?60
"i:.".^.'." ".."'.
•"i«w $6,000 more, after which the greater portion of all payments on
ss earnings (not adjusted)
Mail earnings (not adjusted)
account of land sales will bu for the benefit of this trust, and
"!
Telegraph earnings
,
«j:
I anticipate much larger receiptB in consequence.
Miscellaneous earnings
322
"The collections have been slow, many previous sales have been
cancelled on account of buyers not meeting deferred payments,
Total earnings
,„, ,„,,
Total operating expenses
.'.
r
®?V"'Q and though by such forfeiture the company takes back the land
Net earning.....
'/////.
Leas Interest on capital paid in at 10 per cent per ainumVper contract! *f£» and does not lose by it, as the first payment is collected and the
2, 357
lands sell at better prices now, still it lessens the cash receipt!
for the present.
The bonds being receivable at par. with accrued
$35,692
Less If per cent of balance for operation of line, as per
contract.
interest for cash land sales, in accordance with the terms of the
8, 56 J
mortgage, is the cause of nearly all payments for such sales being
Balance due trustees Cincinnati Southern Railway
jiTlii)
made in same, as they are at a considerable discount."
Columbus
30, 187/, is as follows:
Passenger earnings
Freight earnings!'.

"

The

Chicago & Indiana Central.— The following is
Louisville New Albany & Chicago.— The suit against the
of ,he earDin K8 ^d expenses for the year ending
of™,™™
,j., 1877, M reported by the
Pittsburg Cincinnati & St. Louis mortgage trustee of this railroad, to set aside the foreclosure and
Kail way Company, lessee: Earnings,
sale, on the grounds that the provisions of the mortgages were
$3,375,669 expenses, $3,disregarded by the decree and that there was collusion in the
094 24,; net, $287,460; deficit, December, 1876,
$6,039; net
profit on year's operations,
$281,421— being -0S51 per cent of the proceedings, was argued last week on appeal to the United States
gross earnings.
Supreme Court.
Hannibal & St. Joseph.— The committee appointed at the
Mississippi Central.— The Jackson (Miss.) Tribune and Bun
" The sale of the Mississippi Central Railroad to the
stockholders meeting last week chose W.
says
B. Leonard chairman,
Illinois Central Company has been enjoined, and there is now a
P a d rec or 8» id as reported in the
St
May

;

:

'

tn
.i.-'iloan
to the

<

'.

.,

Tribune, that as

.

by Jay Gould, several attempts were made
to effect
D
a
arran <?" d which ««>» directors overruled on
i£!"',!
»
i
account of the lugb
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
.°.

E
S^TP'

V

a

l
FraDk Work as ™P«*entative of Mr.
f*.°'-Fn
nnn7,
!,
Gould,
$.,700,000
third
mortgage bonds, which had never been
a * collaterals for loans or on
appeal bonds, and
foOO.OOO in land warrants. The $160,000 were
paid over before
the securities were deposited, and as
$200,000 of the mortgage
n0t acc 8Bible Mr. Work declined
to advance the
1
Mri'rir.TT Ce
°? l 5 e , loan and n P° n Instructions from Mr.
ri ,„m
Ubeequen t,y decl
«ed it a call loan and demanded the
i

'

-

.

'

i

$160000

1Uti0nW " ad pled by
?
^r
T, co-operate
aesired
every
r

to

in

the di «**ora declaring that they
way with stockholders

practicable

strong probability that General Neely's receivership will be continued 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, O. 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 subject to the first mortgage.
Ohio & Mississippi.— The New York directory of the Ohio
& Mississippi Railway Company organized by electing O. D.

Ashley vi re-president and James M. Hartshorne treasurer. The
vice-president was authorized to employ counsel and take such
action as is necessary to protect the rights of the stockholders.
An " ex-director" publishes a statement in favor of the Garrett
party, in which he makes in substance the following points:

THE CHRONICLE.

408

Messrs. Garrett are the largest holders of the second mort& Mississippi Railroad, and also by far
the largest stockholders in the company.
2. It is well known in Wall street that transfers of non-dividend-paying stocks are infrequent, and in cases similar to the
present, in which the transfer-books have been closed for upwards 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 bondholders 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
On
took certificates for about 27,000 shares of common stock.
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
rights.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 has been made of such
funds but it is reasonable to assert that the entire board of opposition directors, barring Mr. Bloodgood. do not own or represent $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 holders of record but not of fact.
1.

gage bonds of the Ohio

;

& Ogdensbnrg.—The Vermont

Court of Chancery
has appointed A. B. Jewett, the Superintendent, and A. Vf.
Hastings, the Treasurer of the road, as receivers of the Vermont

Portland

XXV

[Vol.

It appears by official returns that under the stimulus of the
recent full crop of wheat in Minnesota, the net earnings for the
month of September are nearly ten-fold greater than those of
the same month Inst year, namely
$81,667 in September of this
year, against $8,676 in September of last year. The company's
statement is as follows
September
r-Jan. 1 to Sept. SO-,
:

:

,

,

1817.

Gross earnings
Expenses

Net earnings

vm.

$1«,S51

1876.
$.)9,086

30.410

$425.K24
272,434

$441,384

41,633

$81,067

$8,676

$153,183

$127,508

1876.
313.815-

Union Pacific— From the annual reoort 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
proved most satisfactory. The earnings from that source have
:

been as follows

:

$281,466

1870
1871
1372
1673

307,751
336.3J8
410,190

...

Total to January

1,

1874
1875
1S76

3S2.1W

44M7*
503,904

1377

$2,685,41*

would have been well for the company had it pursued the
same course with the sleeping car business on the road that it
did with the express business. Instead of doing so, it let out
this interest by contract to Mr. Pullman, at a very «iarly day in.
The present management is anxious to be rid of the
its history.
contract, and certainly will not renew it.
The contract will
It

expire Oct.

1,

1882.

The amount of land grant bonds originally issued was
The amount outstanding June 30, 1877, was
$10,400 000.
$7374,000. The amount retired from sales of land has been
$3,026,000. Tiie floating debt of the company June 30, 1877,
was as follows
Notes payable
Omaha

:

$605,780
52.11S
50,000

drafts

Shoe and L-ather National Bank, Boston

Land Department,

special account
lot, special account
O. P. Davis, land agent
Land grant coupons outstanding
Sinking fund couponB outstanding

173,600-

Town

..

28,000
2,83*
4,301
11,200

Interest on fractional certificates

fit-

Division.

—

Peoria & Rock Island. The purchasers of this road at the
recent foreclosure sale have organized a new company, to be
known as the Rock Island & Peoria Railroad Company the capThe offices of the new company
ital stock is fixed at $1,500,000.
will be at Rock Island, 111.
;

St.

Joseph City» Mo.

— The City Council

last

week

refused to

make the annual tax levy until the City Counsellor had investigated 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
city

bonded indebtedness.

—

$927,8*

Total

The cash assets were
Cath
Gold account.
Union Trust Company, New York
Union Trust company, gold account
Baker & Morrell
:

$133,068
47,603
203,185
102,661

25,000— 516/03*

Debt over cash assets
$411,35?
The company 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 $3,911,443. 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 ; increase tor 1877 over 1876, $1,605,353 net earnings for the year
1877,18,317 091; net earnings for the year 1876, $6,666,171; increase for 1877 over 1876, $1,650,920.
What amount is due the Government for the year, under the 5>
per centum reservation t As heretofore estimated by the Government directors, the case is this Net earnings, $8,317,091 less
interest on first mortgage bonds, reduced to currency at 6 per
net, subject to 5cent, about the average for the year, $1,732,273
per cent on above basis, $6,584,818 five per cent of this amount,
$329,240. It is understood, however, that the counsel representing the Government c aim that no reduction should be allowed,
If this claim should bo susfor interest on first mortgage bonds.
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

Paul & Pacific. The last rail on the Glyndon cut-off, or
Barnes-Breckenridge connection, was laid Oct. 20. Tlie new line
is 22 miles long, from Breckenridge, Minn., 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 section of.the St. Vincent Extension has been in operation for some
time, bat has been dependent for an outlet upon the Northern
Pacific, which it crosses at Glyndon, eight miles north of Barnes.
The new connection completes a continuous line, 323 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 exte d*
nearly its whole length along the eastern border of ths Red
River valley, through one of the most productive wheat districts
in the country, which, however, has a very severe climate and a
of $415,902.
very small population. li. R. Gazette,
[ This claim of the Government in the Central Pacific cise, and
Dr. de Klerck, writing from Amsterdam, Holland, October 1,
also that the road was completed in 1869, instead of 1874, has>
says: "The St. Paul & Pacific Committee publishes today
just been decided by the United States Circuit Court in Califorthat parties in Canada and Minnesota have offered to buy the
Ed.]
nia in favor of the company.
majority of all the different bonds of this road now in trust with
The directors recommend that in settlement with the Unitedthe comaaittee, and will pay as follows: For the first section
States Government the company pay $500,000 semi-annually
($1,200,000) loan, branch line, 70 for the consolidated ($2,800,000)
($1,000,0^0 per year) as a sinking fund, in addition to the charge*
loan, 2G for the second section main line loan of $3,000,000, 27i;
tor Government transportation and 5 per cent of net earnings.
for the $6,000,000 loan (1869), 32; for the St. Vincent & Brainerd
They say
extension bonds, 13£ per cent. These prices include all due and
"It is believed that the company can accept and perform the plan here precurrent interest, and are to be payable in currency in London, sented.
The net, earnings for the year ending June 3D, 1317, were $8,317. 0111 5tfcwithin two months after the approval is known in America. The Tte annual Interest on the first mortgage bonds is $i, t>33,920 on siuking
bonds,
fund
$1,146,080; on land grant bonds, $530,13
on Bridge bonds,.
holders of certificates must declare their approval by 3 P. M.
Six per cent dividend on $8' 762,300 of capi lal stock wile amount toof October 8. The purchasers will also buy the shares of the $18'.',320.
estimate average amount to Government fiotn one-half transporta$2, .50,738
Barnes-Breckenridge Connection at the price of issue,"
leaving ation and 5 per cent of net earnings, $1,600,000
total, $jl,"5l,238
balance over, for contingencies, extraordinary betterments, Ac, of $l,EtB,Southern Minnesota. This company was reorganized last 353 58. 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 .June 30. 1377. is as follows: for troops, $2:8,272 6" for
mortgage bondholders, and on the basis of stock corresponding mails, $71)9,955 for freight, $402,756 42 total, $1,330,981 Oil. Of this amount
the Government is entitled to retain one-haif lor Us 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 earning*
gage bonds called "Construe! ion Bonds," amounting to $3,332,000, for the year, as hereinbefore estimated, $329,240 91 total, $994,732 95. Thlais within a fraction of the foregoing eBttmate of the yearly average for the*
which are now secured by decree instead nf by mortgage.
twenty years. The amount as charged np for tmnsportatiou of mail*
The decree is understood to preserve all the rights and prefer- next
ri-*ts upon the basis not agreed to by the Government, and the auditing
ences of the first mortgage bondholders, and it is said that it officers of the Treasury will doubtless reduce the uuioani to au allowanceaffords better security than a mere mortgage, inasmuch as the considerably below the claim of ihe company."
rights of the bondholders are fullyestablished by it, and no future
Western of Minnesota. The last rail on this road, formerly
for j closure or receivership can be n quired.
known as the Brainerd Branch of the St. Paul & Pacific, was laid
These bonds will also secure a voting power to the holders, and October 20. and regular trains will soon be running over it. The
the int-rest being reduced by agreement to 7 per cent, there seems line is sixty miles long, from Sauk Rapids, Minn., to Brainerd, on
to be little doubt, judging by present earnings and the nature of the Northern Pacific. This compauy is controlled by the Norththe security, that interest will in future be promptly paid.
ern Pacific.
St.

;

;

:

;

;

;

1

—

;

;

:

;

;

!

,

;

;

;

—

;

;

;

;

1

—

.

October

27, 1877.

&

•ll)r

THK CHRON10LP,

J

m

o

iii

c

v

c

a

i

& me?
i

I

•10;;

O O T T O N.

.

Friday.
(

<

)

M M K IK 1AL EPITOME.

Tim Movkmbnt or the Crop,

:

Friday Nioht,

October.26, 1877.

P. M., October 26. 1877.

as Indicated by our telegrams

from the South to-night, is given below. For the week ending
evening (Oct. 26), the total receipts have reached 157,609
bales, against 135.054 oales last week, 109.264 bales the previous
week, and 70,040 bales three weeks since, making the total rethis

without special feature of importance, and yet the
Accounts agree that
is fair for the season.
aomelnduatries are in much better condition than in many months,

Trade

volume

is

of business

improvement may be expected to cpmmuuicate Itself
slowly to otli-rs. The weather a portion of the week has been
tore autumn-like, but frosts are needed to restore the health of
soma Southern cities, so as to permit the resumption of business
there. The movement of Western and Southern crops is now
very large, at fair prices, and the money paid for them has
Already begun to find its way back to monetary centres.
The chief feature in t'ae 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(ffil4 40 on ihe spot
and $14 25 for October. For future delivery, bids were reduced,
bat 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
prices, closing to-day rather weak at $8 90@8 92i for prime
Western on the spot and for October, $8 82J for November, and
$8 72J f" r December. Bacon has sold moderately at 8±c. for
Western long clear. Cut meats are dull. Beef has sold fairly
at $21 for prime mess and $24325 for extra India mess per
tierce.
Butter is firmer for the better graces. Cheese is dull
and depressed. Tallow has sold moderately at 71?. for prime.
The demand for Kentucky tobacco has continued good, and the
sales for the week are 800 hhds., of which 600 were for export
and 200 for consumption. Prices remain steady, lugs being
quoted at 3i@5}c. and leaf at 7@14c. But the movement in seed
leaf has been somewhat restricted, as the sales of the week
amount to no more than 1,126 cases, as follows: 200 cases sundries, 4 to 18c; 356 cases New England, crop of 1876, 8 to 30c;
>80 cases N'ew England, crop of 1875, 16 to 30c; 200 cases Penn-

and

this

sylvania, crop of 1876, 7 to 35c; 230 cases Ohio, crop of 1876, 5 to
14c; and 80 cases Wisconsin, crop of 1870, 8 to lie The
business in Spanish tobacco embraced 575 bales Havana at 80c.

fl

:

week at—

Receipts thie

better

Savannah Ac...

88,619

34.370

24.083

16,034

14,675

12,324

7,278

12,993

22,751

28,976

24,152

24,610
17,997

14,06!

.

some advance

movement reported

in Brazil coffees, with a

596

3.095

691

20,896

30,524

84,443

26.876

19,879

18,363

21,024

11,830

7,7o8

Late sales include
3,000 mats Java and Padang, 3,095 bags Marac&ibo, 917 bags St.
Domingo, and 552 bags Sa vanilla for consumption at current
quotations. Rice is in good demand and firm. Molasses is very
firm refining stock has advanced to 40c for 50-test Cuba, owing
prices.

;

new crop New Orleans quoted at 60@70c. Raw
sugars have been quiet, but generally steady fair to good refining Cuba, 8i(a8fc. Refined quiet and easy standard crushed,
lOf c. The following refers to raw grades
;

;

;

:

-

.

Hhds.

.

-Stock Oct 1, 1877
Receipts since Oct.

1,

84.578
9.386

1877

flelessince

31,841
62,063
26,018

Stock

Oct. 21, 1877
rStock Oct. »C, 1876

There has been a very

.15,412

27,833
} 11,637

301

664

1,190

899

575

8.5)4

7,418

4,415

2.800

198

728

669

.'89

455

503

7,148

7.490

5,952

5.241

1,421

1,493

20,534

30,108

22.763

2.1,593

18.220

12,239

3,961

695

1,378

673

1,186

1,392

157,609

171.617

170,645

150,081

108.614

120,165

555,038

801,646

740,500

651,253

471,873

646,982

2,880

The exports

for the week ending this evening reacn a total of
51,102 bales, of which 45,691 were to Great Britain, 3,182 to
France, and 2,229 to rest of the Continent, while the stocks as
made up this evening are now 364,306 bales.
Below are the
stocks and exports for the week, and also for the corresponding
week of last season:

Exported to

Oct

Great

23.

Britain.

New Orleans*

Prance

15,223

this

Same
week

week.

1876.

Total

Week ending
Continent.
579

3,060

18,862

Mohlle
36

Savannah, Ac

850

7,813

8,890

800
122

Stock.
1877.

1876.

uo

m

24,353

95,752

6,016

81,128

29,991

67.614

838

6,8-23

53.777

7,843

1,063

60,363

70.441

9,690

5,598

43,838

57.800

8,105

8,810

36,987

101,680

Norfolk.

1,891

1,891

5,8

-.0

18,466

38,633

Dther ports$

3,825

8,825

5,747

82,000

30,000

fair to

;

erately, but at a slight easiness in

to scarcity

[

28,132

Ac

1..

18-.2.

1,519

Norfolk

Total stn<-e Sept.

1873.

42,68)

Florida

City Point.

1674.

14,067

Ac

Port Royal.

1815.

1876.

38,523

7983
latterly been

prime cargoes, 18}@19}c,
gold. Stock at all ports on the 24th inst., 177,545 bags, of which
93,403 were here, all in first hands. Mild grades have sold mod-

—

1817.

Mobile

10.

There has

.

ceipts since the 1st of September, 1877, 555.038 bales, against
807,646 bales for the same period of 1876, showing a decrease
since Sept. 1, 1877, of 252,608 bales. The details of the receipts
for this week (as per telegraph) and for the corresponding weeks
of five previous years are as follows

Boxes.

Bags.

23,821
3,571
6,061
21,333
22,137

310.050
49.763
822,779
131,031
84,154

Melado.
1,913
.

.

605

Total this week..
Total since Sept.

51,102

107.525

10.862

SM78

15S,.Vi5

64,245 S>4,816 616,782
257,073

....

Asm

;

l

;

;

From the foregoing statement

will be seen that, compared
with the corresponding week of last season, there is a decrease
In the exports this week of 13,143 bales, while the stocks to-night
are 152,476 bales less than they were at this time a year ago.
The following is our usual table showing the movement of cotton
at all the ports from Sept. 1 to Oct. 19, the latest mail dates:
it

1308

BXCStrTS
SINCB SKIT.

1,187

PORTS.

1877.

some irregularity has b;en noticeable for the latter.
Late N. Orleans.
•engagements and charters include: Grain to Liverpool, by Mobile
'Steam, 10i@10td. provisions, 37s. 6d.@47s. 6d. per ton cotton, Charlest'n*
ai-32d.@fi. grain, by sail, 8J1.
grain to Bristol, by steam, Savannah ..
•lid.; flour, 3s. Cd.
cheese, 55s. grain to Avonmouth, by steam, Salveston*.
10id. do. to London, by steam, 91.; hops, id; do., via Liver- New York..
roool, fd.; grain to Cork for orders, 7s. 3d.@7s 4id.@7s. 61.
Florida
do. to Dublin, 6s. 6 I. do. to Marseilles, 6s. 9d., and Italian ports,
N. Carolina
*•• lOid. per qr. refiued petroleum to Bremen, 4j. 6d. case oil Norfolk'..
to Trieste, 35c, gold. To-day, a fair business was done, though Other ports
•at slightly irregular rates.
Grain to Liverpool, by steam, 10»d.
;

;

;

2,229

:

business in ocean freights, both berth
-and charter room; rates for the former have remained steady, but

;

8,132

Orleans.— Our telegram to-night from New Orleans snows' mat (oesidea
above exponsi the amount of cotton on shipboard and engaged for shipment at
that port is as follows: For Liverpool. 21.750 hales
ror Havre, 13,150 bales: for
the Continent, 3,000 bales; for coastwise ports, 1,500 bales which. If deducted from
the stock, would leave 55.500 baled, representing the quantity at the landing and In
presses unsold or awaiting orders.
t Galaexton— Our Galveston telegram shows fbestdes above exports) on shipboard al that port, not cleared: For Liverpool, 4,0« bales; for other foreign,
3,620 bales: for coastwise ports, 830 bales; which. If deducted Iroin the slock.
would leave remaining 37,326 bales.
1 The exports this week under he head of "other po-ts" Include from Baltimore.
738 bales to Liverpool from Philadelphia, 2,097 hales
from
to Liverpool
Wilmington, 950 bales to Liverpool.
•

fair

;

1

45,691

;

;

IXPOItTED SINOk 8SIT.
1.

1876.

Great
Britain

61,936

140,811

36,798

46.398

67,635

104.206

6.999

94,534

102,051

4,298

63,107

99,783

1,139

4,383

412

2,563

2S.649

32,573

iranot
4,762

Other

TO—

Coast-

Stock

wise
Ports.

Total.

forei'n
3.932

;r,,-!i::

955

(55

24.453
22,8

8,939

1,960

6,830

958

1

5,762

11,033

63,644

!4

15,483

JJ.lsi

37.526

49,623

46.48*

28.554

41.618
80,073

89,233

412

;

;

;

;

by sail, 8fcS9i. cotton, 11-32J. rosin, 2s. 01. grain lo
London, by steam, 9d. d->. by sail, 81. flour, 2s. 9d. grain to
Avonmouth, by steam, 10Jd. do. to Hull, by steam, 10@lld. do.
tto Cork for orders, 6s. 6d.@0s. 9d.@7s. 4$d.
refined petroleum
sto the United Kingdom, 5s.
do. to Bremen, 4s. 3d.
Spirits turpentine at one time was dull and easy at 33}@34c,
!6ut the close is marked by mere activity and firmness, 34c being
readily obtained. Rosins have sold moderately at the steady
(basis of $1 65@$1 75 for common to good strained.
Petroleum
has continued dull and more or less nominal, closing at 8§c. for
•crude, in bulk, and 14Jc. for refined, in bbls, November del. very.
Ingot copper again quiet and unchanged at 17fc. Grass seeds
are fairly active at 8}c. per lb. for clover, and
f 1.37i@$1.40 for
timothy. Whiskey has declined to $1.11, tax paid.

.do.

;

;

;

28,154

101,516

3,491

8,151

8.313

6,917

MOf

12,643
19,500

533

10,670

17,949

107,463

1 J5

213

281,010

41,679! 17,656

1823*7

217.971

4-1.017

10,370

81,811

197,421

950

950

7,380

;

;

;

;

;

;

;

Tot-thisyr.

15,814

89,542

Tot, last yr.
•

63 1,029

OalVtoton Is
Point *c.

133,492

Included Port Royal. *c^ audcr lljo head of
Included Indlauoia.iC; ttnder the head of Xvrrilk is Inoladed Utj

Under the head of Charluton

Is

These mail returns do not correspond precisely with the total of
the telegraphic figures, because in preparing them it is alwiyi
accessary to incorporate every correction made »t Ih ports.
The market for cotton on the spot opened the week very
•

though the demand was 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
strong,

THE CHRONICLE.

410

Thursday was steadier and quiet. Toquiet, with only a moderate business
For future
for consumption, and quotations were reduced l-16c.
Saturday was buoydelivery the speculation has been sluggish.
ant, and so was Monday's opening, when it became apparent that
the receipts for the day would fall below, not only the corresponding 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
There were frost accounts on Tuesday and Wednesday
year.
from various points 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
It was also reported that orders to
visited with a violent storm.
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.

was

on Wednesday.

lo9t

day, the spot market

The

was

forward delivery for the week are 210,800
free on board. For Immediate delivery the total

—

bales, including

week:

ALABAMA.
New

Sat. Dion Sat. Jlon,
Sat. ,m<iii Sat.
Oct.20. Oct. 22. Oct. 20. Oct.22. Oct.20. Oct.22. Oct.20. Oct.22.

* B

Ordinary

9 :5-16 10
10 5-16

Low

\w
10 13-16
U 1-18

(Strict

11

10 9-16
Oood Ordinary
Strict Good Ord'ry 10*

Middling
it
Low Mlddl'g
Middling
11 5-16
It*
Good Middling
Strict Good Mlddl'g U 11-16
Middling Fair...
12X
Fair

is

New

ORLEANS.

M.

Mou

Cotton.

Strict Ordinary

Cotton.

11

3-16

9 :5-16 10
10 5-16 H^10 9-16 lOX
10 13-16
18*
11 1-16
11 3-16
11 5-16
11 9-16
11 11-16
i; 3-16
12*

10 1-16

IS*

123

"M

an

9-16

12 3-16

*

I0K
iik

10s

10*
11

11

ok

10 1-16
10 7-16 1" i
10 11-16 10*
'.0 15-16
10 15-16 '.OK
11 3-16
11 3- 6
nil
•JgX

10 7-16
10 11-16

7-16

5-16

Hij

"X

!1 11-16

11 IS-16
12S4

n»

11 11-16

UX

13-16

1!

12 5-16
12 15-16

IS 15-

Tues Wed. Tues

Wed Tues

Oct.24. Oct. 23. Oct.24. Oct.2S. Oct 24.

Fair

Th.

Cotton.

Ordinary
» B.
Strict Ordinary
Good Ordinary

Wt-ll.
10 1-16
10 7-16
10 11-16

Til.

Oct.25, Oct. 26

Oct.25

9 15-18
10 5-16
10 9-16

Good Ord'ry. 10*
Middling
11
Low Mlddl'g
Middling
115-!«

Low

Strict

Good Middling..
UH
Strict Good Mlddl'g 11 11-16

Tnes Wed.
10 1-16
10 7-16

108
10*
10*

10 11-16

10 15-16

I0X

3-16
11 5-16
11

UK

10 11-16
I

Oct. 26

Oct.25. Oct.'J6

IX

12 5-16
12 15-16

"X
UX

UK

UM

11-16

II

12 11-16

12X

an

UX

\\%

11

12 1-16

12

12 l'.-16

UX

13-16

W

13-16

11

12 3-16 12(4
18-16

H2

H

I2X

Ion. Tues

Sat.

11*

u*
11 7-16
UX
13-16

11

12M
12X

Frt.

Oood Ordinary
Strict Good Ordinary

9 11-16
10 5-16
10 9 16
10 15-16

Low

Middling
Middling

9*

Wed Th.

10

10X
10 13-16
11 1-16
11 S-16

UX

11 9-16

II*

:oo

Closed.

Saturday

Monday

.

.
.

.

Firm., unc'd quo.
Quiet, higher...

Tuesday .. Quiet, unchang'd.
Wednesday Steady, lower ...
Thursday .. Quiet, unchang'd.
Steady, lower ...

II

12 3-16
12 13-16

FrI.

8pec- Tran-

Con-

port.

sump.

100

517

290

1,068
801

100

ulat'n

sit.

37

40

490

1

Sales.

724

712
625

21.400
25.400
80,600
42,500
49,800
45,100

5,012

216,800

1,318

SCI
692

692
712
625
37

4,415

40

Deliv-

200
500
1,700
1,400
1,4 1)
1 100

6,300

free on board)
(all middling or on
the basis of middling), and the following is a statement of the

cts.

For March.
Jan.

200
100

111!

li-.',2

200

11-33

100

.11-19

300
200

1134

100

4110...

600

1-24

1.600
110
1,100

ii-sn

500
1,100
200

11-35
11-36
11-37
11-38
11-39

200

fOO...

800
800

901'...

100...
1.100 ..
1.0JO...

1

700...

exp't tn

bWerpool
guar

11-21

BOO
11-2.1
11-23
1.100
11-24
2,900
11-25
2,600
1,300
1126
100 8. n. 20th. 11-27

100

11-27
11-21
11-21
11-S0

bales.

bales.

l.StO

7.400
7,40'
2.000
8.IO0
1,700

11-18
11-14
11-15
11-16
11-17
11-18

6.500...
5.100...
8,800. .
2,600 ..
1.100...
s.400

1-19

5.300
3,300

90

11-35
11-36
11-81
11-38

100

Irrt

100
SOU

52.300 total

S.CPO
8,100
4.200
6.500

11-05
U-l'6
11-07
11-08

500

1109

700

11-10

11-33

1,600

Il-U

Jl'Oi.n.ijd.. 11-34

6,10.1

11-12

U-30
11-31
11-32

lOOi.n. 22d.. 11-33

11-20

Nov.

For December.
900

...10S8

Ijm

10-99

5,100
S.2O0
2.400
1.400
2.000
1,900

11-14;

1101
1102
U-0!
1101
{ltd

For May.
11-55
11-56
11-57

11-70
11-71
11-72

U-7J
U-74
11-75
11-73
11-80

ll-W
ll-BJ)

total June.

2,930

The following will show the closing market and prices bid for
future delivery, at the several dates named
:

MIDDLING UPLANDS— AMBBIOAN CLASSIFICATION.
Tliurs.
Wed.
Fri.
Sat.
Mon.
Tues.

FrI.

Fair

Market closed Steady, Steady,
lower.

higher.

11-30
11-67
11-01
11-06
11-19
11-33

April

11-01
11-13
11-25
11-83
11-52
11-64
11-78
11-35

ll-4'i

U-58

trn
Transf. orders.

11-30

Kxchanze

4'73*

102
..

..

Higher.

11-35

1114

X

10iX
4-IiX

Quiet,
lower.

Stealy.
lower.

11-28
11-12

11-22
11-05
10-95
11-04

11-85
11-15
11-09
11-15

U'0«
11-11
U-.»4

W17
U-s8
11-53
11-65
11-71
11 85
103

479

Firm, business
higher
higher
11-27
11 tt
11-11
U-14
11-05
11-10
11-21
11-37
11-50
11-62
11-76
11-25

1116

U-31
H-50

11-21
11-41

11-83
11-77
11-8)
102 X
1'79

U-55
11-69

IV*
102*

10!*

4 J*

4 19

11*11

11-17

11-30
11-43
11-56
11-89

U'81
11-30

a

The Visible Supply of 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 th«
complete figures for to-night (Oct. 26), we add the item of export*
from the United States, including in it the exports of Friday
only

8tock at Liverpool
Stock at London

-

1877.

1876.

1875.

1874.

485,000

514,000

587,000

588,000

27,501

31,000

56,250

109,000

578,000

643,850

697,000

179,500

195,750

145,000

4,500

8,000

11,750

54,000

00,000

58,85

9,000

15,000

18,00

Total Great Britain stock.
Stock at Havre
Stock at Marseilles.
Stock at Barcelona
Stock at Ilamburn
Stock at Bremen.

47,500

20,000

36,85

Stock at Amsterdam.

55,750

55,000

85,750

Stock at Rotterdam
Stock at Antwerp
Stock at other continental ports..

13,500

11,000

21,500

14,000

6,250

10,500

14,000

9,000

2i,001

Total continental ports

326,750

391,750

385,000

409,000

Total European stocks.

779,250

969,750

1,023,250

1,106,000

45,000

180,000

210,000

202.000

112,000

163,000

170,000

139,000

Egypt, Brazil &c.,afloat for E'rope 29,(00
364,306
Stock in United States ports
42,298
Stock in TJ. S. interior ports
3,001
United States exports to-day

41,000

39,000

53,000

516,782

405,827

378,688

63,743

53,848

60,162

18,000

38,000

8,000

1,952,275

1,938,919

1,946,790

India cotton afloat for Europe....
American cotton afloat for Europe

Total visible supply.. ..baiee.1,374,854

Of the above, the totals of American and other descriptions are as follows:
176,000

197,000

210,000

149,000

238,000

253,000

166,009

175,000

112,010

163,000

170,000

139.0CO

364,336

516,782

405,827

378,628

42,293

63,743

53,842

60,163

3,000

18,000

31,000

8,000

1,216,525

1,037,669

249,000

347,000

377,000

27,500

34,000

56,850

109,000

Continental stocks

88,750

133,750

219,000

234.000

India afloat for Europe

45,000

180,000

210.000

202,000

29,000

41,000

59,000

53.0C0

American afloat to Europe
.....
United States stock
United States interior stocks
United States exports to-day

19,500 total

Liverpool stock
London stock

Egypt, Brazil,

GOO
3,200
6,100

Ac, afloat
Ac

439.000

735,750

901,250

1.O87.0C0

1,037,669

909,790

.11-16
.11-07
.11-08

Totalvisible supply... .bales. 1,374,?54

1,952,275

1,938,919

1,946,790

.1109

Price Mid. Uplands. Liverpool... 6 8-16d.

Total Bast India,

American

cts.

6d.

Td.

"•%&.

i-10

.::.ii-ii
11-12
11-18

Dec.

For January.
2.200
5.700
2.40J
6.000
1.S00

909,79

gast Indian, Brazil, <tc.—

1,816,525

For November.

HOI

100s. n

2,800
700

1169

1C0
630
40)
800
500
100
300
100
100
100
£00

11-49
11-50
11-51
11-52
.11-53
.11-51

100
600
200

May.

For June.

U-16

2,100 total April.

11-10

.11-66

U-67

2,300 total

11-41
11-45

9

11-42

.11-65

935,604

22,700 total Oct.

300

1,000
3.C00

!.)00

..

11-63
.

U-13

110

11-29
11-80
11-31

For February.

.

100

300
200

Feb.

S00
tOO
600
700

65,700 total

Total
bales.

cts.

cts.
11-84
800
100 s.c. 23d. .11-35

30J..

433,250

and prices

Tor October,

March.

eries.

Fot forward delivery, the sales (including
have reached during the week 216,800 bales

tales.

....u-:a

American—

FCTTURBS.

Total.

....11-59

200 .
400..

For April.
9,500 total

cts.

100..

3M

5S0O...

Liverpool stock
Continental stocks

SALES.

SALKS OF SPOT AXD TRANSIT.
Ex-

9,200 total

,

9 11-16 9 U-16 9X
10 5-16 10 5-16
10 8-16 10 9-16
'.0*
10 15-16 10 15-16 10X

10*

U

MARKET AND
Spot Market

«*

WX

!0X
10X

100

lilt

bales.

cts.
.11-13
.11-41

1,100..
203..

-.ox

Oct.2J. Oct.22. Oct.23. Oct.24. Oct.25. Oct.26

1.800

..

11-28
11-29
11-30
11-31
ii-o6

XXV.

Oct.2>. Oct.26.

UX

UM

...

'.,300
..

bales.

cts

1,400

.

I

9 15-16 9*
1C 1-16 10
10 1-16
10 5-16 10U
10 7-16 !0K
10 7-16
in',
10 11-16 10X
.0 11-16
10 9-16 10 X
108
10 11-16 10X
10 13-16 10X
10 11-16 10*
10 15-16 llg
11 1-16
10 15-16 11
11 1-16
11 3-16
ii i-ie
il 7-16
11 7-16
11 5-16
,.
11 7-16
11 9-l«
11 7-16
12 1-16

12«
12*

Fair

lOX

M 15-11 I2S
FrI. Th. Frt. Tb.

l-V

Frt.

Strict

Middling Fair...

9 15-16
10 5-16
10 9-16

9 15-16 10

12 13-16

3,200
«00
800

8,500. .
3.600...

bales.
700

I

5-16

11

5-16 12)4
6 i:«

'.2

Ordinary
V ».
10 'i
101(1
10 5-16
U'K
Strict Ordinary
10 9-16 10*
10*
Good Ordinary
10X
10 18-16 :o*
10 15-15 105*
Strict Good Ord'ry 10 13-16 10 \
11 1-16 11
1 3-16
11 :-16
UK
il
Low Middling
11 3-16
il 5-16
Strict Low Mlddl'g 11 3-16 IIM
UX
11 5-16
11 5-16
Middling
UK
5-16
11
U-1C
9-16
11
11
Good Middling..
HS
11X
11 13-16
11 11-16 njj
11 11-16
Strict Good Mlddl'g U*
12 5-16 tth
12 3-16 12«
Middling Fair...
12 3-16 UK

New

»8
11 7-16
HX

Oct.2J. Oct. 21. Oct. 23
10

3C0,

eta
11-18

4.40O...

total sales for

sales foot up this week 5,012 bales, including 4i>0 for export,
4,445 for consumption, 37 for speculation, and 40 in transit.
The following tables
Of the above, 427 bales were to arrive.
show the official quotations and sales for each day of the past

sales

bales.

[Vol.

11-01
11-06
11-OS
11-07

11-OS
11-C9
11-10
11-11

These figures indicate a decrease in the cotton in sight to-night
of 577,421 bales as compared with the same date of 1876, a
decrease of 564,005 bales as compared with the corresponding
date of 1875, and a decrease of 571,936 bales as compared
with 1874.

At the Interior Ports

the

movement

—that

is

the

corresponding week of 1876— is
statement:

re.ieipts-

for the
set oat in detail in the following

and shipments for the week, and stock to-night, and

October 97,

THE CHRONICLE

1877,

411

pleasant. The thermometer has averaged 00, the highest being
80 and the lowest 44. The rainfall has been ninety hundredths
of an inch.
8.F.08
10,742
12.931
1,861
6,151
7.MS
Selma, Alabama. The earlier part of the week the weather
Anneta, Oa
5,893
1,891
4,591
6,831
8,468
Columbus, »J»
was clear and pleasant, but since then it has been rainy, rain
4.213
6,929
6,601
Macon, Q»
having fallen on two days, and the wet weather still continues.
3,743
6,691
4,170
4.87J
I 604
MonlKomery, Al»
4,304
5,(00
5,000
4,1-31
4.739
Madison, Florida. There has been rain here on two days
Selma, Ala
16,319
26,115
n.668
11,396
Vt niphls, Tenn
the latter part of the week, with a rainfall of one inch. Aver1,631
8,999
1,240
1,089
821
1,1'JO
NaahrlUo, Tenn ..
age thermometer 65, highest 75, and lowest 56.
Tbe earlier
63,748
42,29s
43,406
;il.s;n
67,(68
portion of the week the weather was clear and pleasant. Con40,647
ToUl, old porta
tracts for the coming year are now being made with the freed2,411
2,214
1,104
2,615
311
1,143
Dallas Tcxu
men at about last year's rates.
59)
1.828
971
?.n
tn
750
Jener«on, Tex. ..
8,777
2,041
2,930
3,6*0
1.4*2
Macon, Georgia. It has rnined here on two days this week.
8,531
Shreveport. La
8,so;
5,847
5,607
2,787
4.533
6,423
VIcksburg.MlM....
The thermometer has averaged 69, the highest being 72 and the
1,;84
1,500
1.500
1,643
871
Columbus, Mies.
lowest 46.
1.800
1,200
1,900
8,709
1,557
1,067
Kufaula, Ala. ...
1.593
1,266
1,443
Atlanta, Georgia. It has rained steadily one day this week,
517
1,155
915
tlrlfflii, Ga
7,0411
7,217
6,66ti
6,458
5.568
6,184
the rainfall reaching thirty-eight hundredths of an inch. The
Atlanta, Oa
1,141
1.761
2.198
1,288
1,973
2,466
Rome, Ga
thermometer has ranged from 44 to 74, averaging 61.
1,450
2,188
1.069
2,800
2,oro
2,1 18
Charlotte, N.C.
5,729
9,511
Columbus, Georgia. It has rained constantly two days of the
9,038
12,365
6,736
10,961
St. Loais, Mo....
;-'
8,997
4,311
2,710
1,717
week, the rainfall reaching seventy-four hundredths of an inch.
6,oa
Cincinnati, O
The thermometer has averaged 62.
37,014
40,031
41,671
38,076
::s 618
58,01)7
Total, new porta
have had a very light rain on one day
Savannah, Georgia.
80,420 101,774
99,323
59,9H5
30,374
of the week, the rainfall reaching two hundredths of an Inch, but
79,265
Total, all....
the rest of the week haj been warm and dry. The thermometer
The above totals show that the old interior stocks have has averaged 73, the highest being 83 and the lowest 50.
to-night
are
21,445
and
bales,
increased during the week 8,749
Augusta, Georgia. The weather daring the earlier part of the
The receipt at the week has been clear and pleasant, but during the latter portion
bales less than at the same period last year.
week
last
same
the
less
than
bales
been
17,005
have
same towns
it has rained lightly on three days, the rainfall reaching sixteen
year.
Picking is progressing finely and
hundredths of an inch.
appears
to
Weather Kepouts by Teleouapii.— A storm
planters are sending their cotton to market freely.
The therhave been in progress in the Western and Gulf States the past mometer has averaged 61, the highest being 82, and the lowest
46.
week. Heavy rain is reported on the coast, but in the interior
have had light showers on
Charleston, South Carolina.
comparatively little rain has fallen (only fifty-four hundredths two days this week, the rainfall reaching eleven hundredths of
sixty-nine
Miss.,
hunColumbus,
at
Shreveport,
at
inch
has
averaged
an inch. The thermometer
of an
68, the highest being
dredths, at Vicksburg one inch and one hundredth, &c), and 80 and the lowest 53.
yet at Vicksburg and Shreveport our correspondents speak of
The following statement we have also received by telegraph,
dense cloudiness, which, with the rain, has almost wholly pre
showing the height of the rivers at the points named at 3 o'clock
vented picking. More or less rain has also fallen in the Atlan- Oct. 25. We give last year's figures (Oct. 26, 1876) for comtic States, but generally not so as to interfere more than temparison:
r-Oct. 25. '77.^ ,-Oct. 26, '76
,
porarily with the work of gathering in the crop.
Feet.
Inch.
Feet.
Inch*
It has rained tremendously on two days
•eaton, Texas.
13
10
10
New
Orleans.. Below high-water mark
1.
this week, doing much damage and interfering with picking. Memphis
4
6
7
Above low-water mark
3
1
2
3
*
Tbe rainfall is nine inches and forty-three hundredths. The Nashville
Above low-water mark
low-water
mark
8
9
4
Shreveport.
...Above
thermometer has averaged 62, the extremes being 49 and 74.
5."
Missing.
12
mark
Vicksburg
low-water
Above
rain
two
days
of
the
week,
have
had
on
We
Jndianola, Texas.
New Orleans reported below high-water mark of 1871 antil
the rainfall reaching one inch and twenty-two hundredths. Reout much cotton. Average thermometer Sept. 9, 1874, when the zero of gauge was changed to high-water
beaten
cent rains have
mark of April 15 and 16, 1874, which is 6-lOths of a foot above
66, highest 83 and lowest 49.
1871. or 16 feet above low-water mark at that point.
It has rained hard on one day, the rainfall
Corsicana, Texas.
Bombay Shipments. According to our cable despatch received
have had a
reaching one inch and forty-two hundredths.
bales shipped from Bombay to Great
frost this week, but not a killing frost, and the weather has been to-day, there have been
bales to the Continent while
too cold and wet. Average thermometer 55, highest 77 and Britain the past week, and
the receipts at Bombay during this week have been i,p00 bales.
lowest 40.
The movement since the 1st of January is as follows. These are
It has rained hard on one day, and we have
Dallas, Texas.
had irosts on Monday and Tuesday, but not killing frosts, and the figures of W. Nicol & Co., of Bombay, and. ue' brought
picking has been retarded. Average thermometer 56, highest 79 down to Thursday, Oct. 25:
.
Receipts.—
--Shipments mis week—. .-Shipments since Jan.l—
and lowest 40. The rainfall for the week is one inch and twentySince
Great
ConThis
ConGreat
Total.
week.
Jan.
Britain, tlnent.
Britain, tlnent. Total.
five hundredths.
412.000
790,000
8,000 1,006.000
376,000
1877.
Brenham, Texas. There has been a rainfall here on one day 1876.
657,(100 374,000
931 £08
9,000 1.029.000
4,000
4,000
The weather has been too 1875..
of thirteen hundredths of an inch.
771,000 420.000 1,191800
6,000 1,253.000
frost
two
on
nights. As the week
cold, amounting nearly to
From the foregoing it would appear that, compare.! with" last
been
there
has
a
favorable
change
however,
in
the
bales
in
tbe
week's
closes,
shipyear, there has been a decrease of 4,000
weather. Average thermometer 58, highest 80 and lowest 42.
ments from Bombay to Europe, and that the total movement
Hew Orleans, Loumnnu. There has been rain here on two since January 1 ehowB a decrease in shipments of 141,000 bales^
days of the week, the rainfall reaching four inches and ten compared with the corresponding period of 1876*
hundredths. The thermometer has averaged 62.
Bagging has not changed much,
Gunny Bags, Bagging,
Dense cloudiness has prevailed during since our last report orders are coming in from the South, but,
Shreveport, Louisiana.
the entire week, and rain has fallen on three days. There has are only for small parcels, and though in the aggregate a conbeen little or no picking, and it is now realized that the crop is siderable amount of goods are disposed of, the quantity ia not up
short, and as compared with last year the staple is reduced at to the usual amount consumed at this season.
Prices are. still
There is also much complaint of sprouting in quoted at ll}@llic for light and 18c. for standard. Butts are
least two grades.
the boll. This (Friday) morning it is cloudy and slightly threat- ruling quiet, and there is no change to note. The quotations
ening. The thermometer has averaged 58, the highest being 73 range from 3@3Jc. as to quality, with only small parcels being
and the lowest 43. The rainfall is hfty-four hundredths of an taken. The arrivals are quite heavy for tbe week, and foot up
inch.
per T. Hilyard,
6 050 bales, aB follows Per G. Thompson, 1,528
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 therThe Conclusions of tub Cotton Conference at Livermometer has ranged from 43 to 69, averaging 58.
The following report on the recent conference, held for
pool.—
Columbus, Mississippi. The rainfall during the past week has
suggested by the late Interbeen sixty-nine hundredths of an inch. The weather has been the discussion of certain ^questions
damp and showery, interfering with picking.
national Cotton Convention, has been just issued by Mr. W. B.
Little Rock, Arkansas.
Telegram not received.
Forwood, President of the Convention, and forwarded to the
Hathville, Tennessee.— It has rained slightly on three days this
It will be noticed that some
interested.
week, the rainfall reaching thirty. three hundredths of au inch. various associations
reached ; prominent among
have
been
conclusions
Important
Picking is progressing finely. The thermometer has averaged very
68, the extremes being 49 and 67.
them is the adoption of the recommendation of the Cotton Con-

Week

Week ending

endlnr

Oct. 87, 1876.

Shipments stock.
Receipts. SblpmeDU. Stock. Receipts.

—

MM UN

—

AM

.

—

m

—

—

.

i;.

— We

—

— We

—

£

—

—

—

We

;

—

—

1

—

—

&c—

—

;

;

:

;

;

;

—

—

-

— We

Memphis, Tennessee.
have had rain on five days, mostly
mists, the rainfall reaching fifty-five hundredths of an inch, and
tin' rest of
the week has been cloudy.
The bad weather
obstructs picking.
have had no killing frost yet. Average
thermometer 56, highest 71 and lowest 41. The rainfall last
week was one and four hundredths inches, and the average ther-

vention that contracts for cotton bonght and sold for shipment
or delivery be for the delivery of 100 bales of 43,200 lbs.

We

give the report in full
We
of your associaI have the honor to report, for the information
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 lias been
trade in this town and the Cotton Spinners' Association has been
showery one day the latter part of the week, the rainfall reach- held for the purpose of considering tho recommendations of th«
ing ono and ninety-eight hundredths inches, but the rest of the International Cotton Convention.
week has been clear and pleasant. The thermometer has averThe conference appointed a committee, consisting of the presiaged 62, the highest being 80 and the lowest 50.
dents and vice-presldentsof the American Chamber of Commerce,
Montgomery, Alabama. It has rained on three days the latter the Uh.ted Cotton Association, and the Cotton Brokers' Associaportion of the week, but the earlier part has been clear and t';on, to consider and report upon the following resolutions of thn

—

—

I

'

THE CHRONICLE.

412

convention "That it is desirable some mode of inspection or
supervision should be established of cotton on arrival at Liverpool, 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
"That the different exchanges represented in this
subjects."
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,
accompanied 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 li per cent,
was 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.
The recommendation that when cotton is sold on the spot, payment shall be by cash, before delivery, if required, was not confirmed by the conference it was represented that the practical
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, compared 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 payment.
The committee of the Cotton Brokers' Association, which is
considering the system of dealing in " futures," not having
yet made its report, the conference was unable to enter upou the
consideration of this Bubject.
The recommendation of the convention " That contracts for
cotton bought and sold for shipment or delivery should be for
the delivery of one hundred bales of 43,200 pounds weight, this
weight to be made up to the nearest bale," was confirmed by 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
were briefly as follows: 1, That under it sellers could deliver
bales of any weight, and frequently regulated their deliveries
according as their contract was a profitable or a losing one. 2.
Thtt buyers, having no certainty what weight of cotton may be
tendered to them, are unable to arrange their finances. 3. That
in a filling market buyers are almost sure of receiving a large
excess in weight, which they can only resell at a considerable

PHILADELP'lA

:

;

;

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 i per cent; (6) 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 purchase of the exact weight of cotton required for that purpose;
(e) 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 recommendation 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 recommendations of the convention in reference to country damage,
and the inspection of cotton before shipment, have been duly forwarded to the various constituent 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 period of the previous year:
Export* of Cotton(balea) from New York since Sent. I , 18 77

WKH& ENDING

Same

Oct.

Oct.

Oct.

3.

10.

17.

at.

9,110

8,750

4,553

7,983

Other British Ports

Total to Ot. Britain

9,110

RECE'TS »ROJC

This
week.

Sew

Orleans..

Texas
Savannah

to

prev'uf

date.

year.

38,971
1,535

55,783
500

3'th Carolina

4,921

S'th Carolina.
Virginia
Sorth'rn Ports
Tennessee, &c

5 359
6,330

668
6:8

7,539

53.166

1,847

5.350

4,766

13,510

8,752

24,617

1,031

6,633

5,210

13,80?

Shipping News.

—The

3,411

the United

we

City of Berlin, 50J
per t-teamer Pereire, 91 and 31 Sea Island
Liverpool, per steamers Clive, 1,462
Oberon, 1,979
Teutonia, 4,5n8. ...Uracia, 2,549. ...Carolina, 2,1)10
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,U25 Upland
To Havre, per bark Hom^wa d Bound, l,9ti0 Upland
Savannah— To Liverpool, per ship Alexandrovna, 4,293 Upland
To Reval, per steamer Nio, 3.500 Upland
Wilmington To Liverpool, per bark Kate Bonsfleld, 9"i0
Baltimore— To Bremen, per steamer General Werder, 500
...
Boston— To Liverpool, per steamers Palestine, 2, S82... .Iberian, 1.415..
Philadelphia lo Liverpool, per steamer 111, 39?

7,96*

To Havre,

New Orleans— to

.

12St-

.

13,165

.

in
955,

3,484
1.025
1,960
4,298
8,500

—

050*

oOf
3,8(17/

—

Total

The

39T

,'..

42,88a-

partici la s of these shipments,

are as follows

arranged in our usual form

:

Liverpool.

NewYork
New Orleans

Havre. Bremen. Eeval.

Cork.

Total.
8.10a
13,910

122

7,983
13,133

T17

Mobile

955

Charleston
Savann'ih

3,i8l
4,293

Wilmington

95*

1,025

6,169

l',960

7,7 9»

3,500

950

9-0

Baltimore...

5M»

500

Boston

3,807

3,807

397

3j7

Philadelphia

31,077

Total....

Below we give

all

vessels carrying cotton

2,829

1,980

42,884.

3,500

news received to date of
from United States ports

disasters,

&c, to

:

Appold— A

fire broke out in the cotton cargo in the forward part of tbfc
lower hold of the steamer Geo. Appold, at Savannah, Oct. 20, for Baltimore. The hold was flooded with water and the fire got under control same day. She was pumped nut on the 21st, and is supposed to
be but little damaged. From 200 to 300 bales of cotton damaged, consigned to Liverpool and Bremen, which will be forwarded.
Massachusetts, str., from New York for Providence, before reported, waffloated at 7:45 P. M. Oct. 17, and her leaks partially stopped. She* proceeded for New York in tow of the Coast Wrecking Company**
steamer Relief, where she arrived on the 19th, and was placed on the

Geo.

W.

Sectional Dry Dock for repairs.
A. Palmer, lighter, heavily loaded with cotton was upset in the Nortfc
River P. M. Oct. 15. The cargo was damaged to the extent of about
$5,600. The lighter was badly damaged.

Cotton freights the past week have been as follows
Liverpool
Steam.
Sail.

,

Friday

Market

,

—Steam.
Havre. —

H
34
H
At

)<;@5-16
quiet.

li

At

%
y,
%
%
y,
%

,

—

Bremen.

Steam.

:

— Hamburg.-.
— Steam.
,

Sail.
c.

Sail.

c.

c.

comp.
comp.
comp.
comp.
comp.
comp.

»

Sail.

d.

d.

Saturday.. ><©5-16
Monday.... K<a5-16
Tuesday. .. Ata5-18
Wedn'day. At@5-16
Thursday.. M@5-16

%
%
%
%
%
%

comp.
comp.
comp.
comp.
comp.
comp.

comp.
comp.
comp.
comp.
comp.
comp.

1
1

1
1

1

1

comp.
comp.

comp

c
—O
—

comp.
comp.
comp.

LrvBKPOOL, October 26— 3:30 P.M. By Cable from Liver
Estimated sales of the day were 12,000 bales, of which
Of to-day's sale*
1,000 bales were for export and speculation.
The weekly movement is given aa
7,800 bales were American.
POOL.

—

Oct
Sales of the

week

bales.

Forwarded
Sales American
of which exporters took
of which speculators took

Amount afloat

3,151

SiM.
5,219

,.

.

5.

77,000
10.000
43,000
6,000
7,000
635.000
270.000
8.000
5,000
6,000
88,0110

American

The following

30,000

Oct. 13.

Oct. 19.

89,000
2,000
48,000
7,000
14,000
484.000
235,000
25,000
10,000
8.000
93,000
34,000

50,000
2.000
31,000
4,000
3.000
448.000
210.000
16,000
7,000
6,000
111,000
49,000

Oct-W79,0O»
3. 000

45,00*
6,0vt»

4.000

425.000
1T6.000
57,00»
11.OO0
7.000
115,009

S7.0»a

show the daily closing prices of cotton for the wet*:
Thnrs.
Pn.
Wednes.
Tues.
Mon.
..@6 9-16 ..@6 9-16 ..©« 9-»
..®6tf
..@6tf
11-16
..@*X
..@6SJ
..@8 11-16 ..@6
..®6fi

table will

Satur.

Mid. Upl'ds

©6*

Mid.Orl'ns

&ny.

Futures.

These

sales are
wise stated.

on the basis of Uplands,

Low Middling

.

,

clause, unless other-

Saturday.

....

8 105

cotton from

exports of

States the past week, as per latest mail returns, have reached
So far as the Southern ports are concerned, thesa43,886 bales.
are the same exports reported by telegraph, and published in
Thb Chronicle last Friday. With regard to New York,
include the manifests of all vessels cleared up to Wednesday
night of this week.
Tota, baJop
Saw YonK— To Liverpool, per steamers Nankin, 1,068
The Queen,
1.098. ...Balti-, 679 ...Montana, 8,103... Abyssinia. 1,335. ..

4,538

5,517

OnT

168,993

1,0S0

9,451

934

105,137

182

Spain Oporto&Gibraltar&c

10,215

168

40,164

4,598

5,762

1.7»
1J4B

352
1,165

Total last year.

965
115

5.305

6.745
8,879

3,349

441

123

SCO

3.603
1,827

4,456

1,679

57,591

a 50

800

4,434

Total this year

Foreign

S71

'366

1,436

1,81
1,585

Total stock
of which American
Total import o* the week
of which American
Act unl export

I'.ioi

.

19.383
4,560
1S.237
1,173

56,583

360
in»

if

"is

Florida

40,556

800
100

Total Spain, &c
Grand Total
The following are the

21,601

This Since
week, SejMJ

Mobile

of which

1,103

!fi,C46

7,933

365

1.

6,591

11,

This Since
week. Septl.

Since
week Beptl.

3,909

4,552

371

XotaltoN. Europe.

Sept.

8,750

115

This

Since

lollows

Total
Oct.

XXV.

[Vol.

47.398

66,130

receipts of cotton at New York, Boston,
Philadelphia and Baltimore for the past week, and since Sept. 1, ' 77:

Oct. delivery, 6;v@13-Sld.
Nov. delivery, 6 ls-82d.
Oct.-Nov. delivery, «Jid.
Nov.-Dec. delivery, 6 1 l-32d.
Dec-Jan. delivery, G 5-lGd.

Jan.-Feb.
Nov.-Dec.
Feb.-Mar.
Dee -Jan.
6 ll-33d.

delivery, 6 5-16d.
sail, 6 5-lrML

shipment,
shipm't.

sail, 6 13-:i2d.

shipment,

new

crop,

I

THE CHRONICLE.

pTooTOUB 97, 1877.

-aaoaiiri at

Mo*dat.
Nov.

delivery,

<VI.

'

Nov

I)

»,

15-223)4/1.
t 15-3*1.
.

Oct

For tba

delivery, 6 15-31d.

Flon r, bbls
"
C. moal,

114,916
3.100

Oat* ..."

692.881

Jan.

18TI.

.

For the
week.

time
1876.

1.

aaw tokb

exports raoa

Same

Since

week.

Dec. delivery
Dec. -Jan. delivery, 8 tl-32d.

iiXi

Jan. K

»bw roaa.-

•1877.-

Dec. -Jan. shipment. Mil, ruii.
Jan -Feb. shipment, nail. 6 l.i-.lld.
Keb.-M'ir. »hlpm't. Mil, 8 7-18d.

Oct. delivery,

413
.

Jan.

,

187*

.

For the

Since

week.

I.

.

Since
Jan.

1.

8,515.118
188,210

LOBitTJ
143.282

81,805
1,267

1.047,592
178,68a

81,526
8,014

1,540,451
139,064

9,563,267

9,712,283

55,508

19<152

1,498

461.979

Tdudii.
Jan.-Fob. dollvcry, 6 13-82a>id.
HOT. delivery. 6 15-32d.
Oct.-Nov.shipm'ts.liew crop, sail, 6Jtfd.
Fob. -Mar. shipment, aall, 6 13-32d.
Nov.-Dcc. shlpm't, new crop, sail, 0J£d.

sad.

Nov.

deliver;, ojia.
delivery, 6J4d.
.-Dec delivery. 6 '.8-12d.
D.v. -J»». delivery, 6,',d.

E

WlDNBSBAT.
Feb. -Mar. shipment,

OcU-Nov.

Nov. delivery, 8 15-32d.
Feb. -Mar. shipment, sail,
Nov.-Dec. de'ivery, 6J»d.

crop,

sail,

Nov.-Dcc. shlpm't, new crop,

gall,

ADO.
Flour,

6 11-38d.
-Doc. shipment,

Nov

Oct.

6,106.254
6.355,213
4,159,837
4,542.450

Total

delivery. 8 1-16d.

Dec.-Jan. delivery,6 ll-3!d.
Jan.-Feb. delivery, 6 ll-3.'d.

"75..

market has been more active

at the recent decline.

quiry from London for the choicer grades, and the provinces
have bought No. 2's and superfine freely, causing some advance
in them.
Production is very large in this city, as well as at the
West, and there is a disposition to efl'tct prompt sales, which
greatly facilitates trade when there is any demand for stock.
Rye flour is steadier and corn meal quite active. To-day, the

market was fairly active, but at some depresnion in prices.
The wheat market has been variable. Receipts have been
ery large here and at Buffalo, but a large proportion of them is
is

2.893,1.46

2,023,671
2,721.305

81,838
7,250
10,000
1,600

17,700
7,a00

71638
83 3;9
100.547
12,780

4,427,015
1.992,801
2,401 415
1,285,121

3,2.2,4*8 1,478 9SS
8,286,01)
981.885
2,604.592
886,9:8
2,322,807
507,977

SHIPMENTS OF FLOUR AND GRAIN FROM WESTERN LAKE AND
BTVER PORTS FOR THE WEEK ENDED OCT. 20, 1877.
AND FROM JAN. 1 TO OCT. 20:
Flonr,

Oct

20, 1877

Oct.
Cor.

week

bbls.
185,135
16-\769
161.294
150,472
138.860
150,659
160,437

H, 1877
'76

Cor.week'75
Cor.
Cor.

week '74
week '73

Cor.week'72

Wh»at,
bush.

Corn,
bosh.

2,555.675
2,574,576

1.5 '1,988
1,178,461

'.,616,805

2,079.489

2,691,385

773,('79

1124,250

425,423
1,859,072
1,104,590

1,9)9.656
1,325,991

Oats,
bush.
625,278
767.388
431.553
685.430
493,925
70',153
454,818

Tot. Jan.l to Oct. 20.3,361,668 33.18J.474 60.201,135 15,519,9(1
Same time 1376
3,630.465 89,574,507 64,J19,749 17,533,228
Same time 1875
4,163,824 45,331,676 36,821,079 15.418,718
Same time 1874
4,705,025 53.0J7.790 40,187,939 14,862,932

RECEIPTS OF FLOUR

WEEK ENDED

Barley,
bush.
812,180
457.401
265,136
61,386
146,196
14S.S21
511,914

Rye.
bash.
46,341
78,735
81,695
42,513
11,732
31,615
40,611

3,936,290 2,1 :5.2»
2,459.361 1,622,252
1,88:1.186

703.310

2,265,767 2,844,251

AND GRAIN AT SEABOARD PORTS FOl TBI
AND FROM JAN. 1 TO OCT. 20.

OCT. 20, 1877,
Flonr,

closing of inland navigation for the

arrival of a large fleet of vessels

2.815,629

Rye.
bash

• Estimated.

P. M.. Oct. 26, 1877

l.arge lines of shipping extras were sold at $5 55@5 75 for common, and $6 25 36 50 for good. There has also been some in-

Sent to store against the

167,901
155,053
1S6.074
144,207

Pre.L.usweek

n

Fbidat,

The

Tot. Jan.l to Oct. 20..3,839,593 33,947,630 67,766,109 19.S20.521
Same time 1876
4,250,901 43,610,192 69,368,308 21,412,353
Bametime 1875
3.802.665 68,473,723 41,351,618 2)1,859 899
Same time 1874
4,918.811 67,30^,818 51.237,170 23.413.374
ToLAug. 1 to Oct. 20.1,405,748 27,956.011 21.800.528 8.895.017
Simetime 1876. .. .1,8 5,136 17,166,054 28,968,960 7.175,650
Same time 1875
5,169.71ft 21,064.910 :3,el3.119 10.203,030
Same time 1874
1,409,010 24,395,645 12,316,501 8,666,114

DulutU

BREAD STUF PS.

winter.

446,455
441,8,6
638,077
285,080

lis

Peort*

Oorreap'ngweek.'76.

Nov.

Barley,
bash.

(48 lbs.) (56 lbs)

432,393
729,195
683,061
821,269

St.L

...

Jan.-Feb. delivery, 6 5-16d.

delivery. 6 15-32d.
«et.-.N.iv. delivery, « 7-16d.

3tbv.-Dec. delivery, G«i:fttl-SJd.
Feb.-Mar. del very, 8 ll-8Jd.
Dec- Jan. delivery, 8 5-1 d.

(82 lbs.)

1,282,693
1,363,072
l,v02,205
1,111,812

Detro:t
Clove uid

Fbidat.

Oeta,
bash.

(56 lbs.)

210,707
109,935
3,868
4,521
11,700
94,821
20,600

crop, tall,

Oct. -Nov. delivery, 6 7-16d.
Dec.-Jan. delivery, e 5-16d.
Nov. delivery. 8 13-3W.
Nov.-Dec. delivery. 6 5-18<?.

20.

Corn,
bash.

18,457
19,262
18,850
69,754
55,400

crop, sail,

6Xd.

TO OCT.

266,995
23,650

Toledo

now

new

and th« move-

768.101
15.100
190,!64
7,228
4,590
200,507
96,000

Milwaukee

Oct.-Nov. shipments,

Oef.delivry, r.^d.

flour

_

Utile. ;o

6*d.

1

Wheat,

bbla.
bush.
(196 lbs.) (60 lbs.)
44,865
781.961
59,519 1,106,664
1,710
211,696
15.1 11
241,121
• 1,8:10
29,250
276,355
88,919
1,760
12.100
4,200
150,179

A'.—

Thursday.
15-32d.
Nov. delivery.
Oct.-N.iv. delivery, 6 15-82d.
3Juv.-Dec. delivery, 6>»d.
Uwc.-Jnu. delivery, 6 lt-32d.
Feb. -Mar. delivery, li.'.d.
Mov-D.c. delivery, 8 ll-33d.
Jan. -Feb. delivery, 6 5-16d.

show the drain

In sight
of Breadstuff's to the latest mail dates:

B.S'il.

Dec.-Jan. delivery, 6?f d.

l

tables

"TPTS AT T.AKK AND RIVRH POBT8 FOR TBI WBRK RNDINO
OCT. 20. 1877, FROM JAN. 1 TO OCTOBER 20, AND FROM

sail,

13 32d.

'.

delivery, 6J4d.

Nov. -Dee di livery, 6 13- 1W.
Jkn.-Feb. shipment, new crop,

The

ment
t,E<

new

Oct, delivery, fl«d.
Nov. de Ivory, v'-

.

The following

At—
assurance of the New York

bbls.
117,360
63,316
8.600
41,258
85.490
24,988

Wheat,
bash.
1,908.342
126.050
1,100
632,364
252,200
336,200
4,465

Corn,
bash.

bash.

621,456
64,030
5,600
156,005
838.100
201,009
61,473

514.396
97.216
1,200
6,987
81.800
35,000
26,176

Baney,

Oats,

hash.
401,032
31,600

Rye,
hash.
85,379

1,100
moderate rates of ocean freights. The rec< nt Boston
Portland*
64,190
Calling off in receipts at the Western markets is explained as the Montreal
Philadelphia
74,500
5,500
result of long-continued rains, which have caused bad road*. Baltimore
....
8,500
10,2.)3
....
NewOrleans
Supplies still in the hands of farmers are said to be large. The
762,425 .561,302
291,915 3.253,721 1,473,661
Total
41,579
bulk of the business of the week has been in No. 2 spring at
836,991
621.491
251,863 2.7C3.731 1.490,130
140,351
Prevlousweek
$1 30@1 32, and speculation has been fair for this and the next Cor. week '76
218.525 1,003.903 2,061,981
508,210
449,928
35.338
6,062,9t;8 28.567,506 71,360.791 16,445.922 3,803,888 1,919,924
two months at about these figures. To-day, the market was dull Jan. 1 to Oct. 20
7,666.991 34,461.520 72,831,651 20,219,161 4,101,668
921.359
Same time 1876
and prices one cent lower.
301,966
7,493,276 44,242.803 43,^59,263 15.693.729 2,066.936
Simetlme 1R75
8,615,515 52,963,838 45,565,076 16,673,909 1,686,818
786,541
Indian corn was active and buoyant early in the week, on Same time 1874
• Estimated.
And at Montreal 12,404 bash. peas.
favorable foreign advices, a good export demand and reduced
The Visible Supply of Urain, comprising the stocks in
supplies as compared with last year but latterly a portion of the
advance has been lost, and the confidence of holders, although granary at the principal points of accumulation at lake and
seaboard ports, and In transit on the Lakes, the New York canals
there is no doubt that the rains which have fallen at the West
and by rail, Oct. 20, 1877, was as follows
will cause delay in new crop becoming suitable in condition to be
Barley,
Wheat,
Corn,
Oata,
Rye,
bash.
bash.
bash.
bash.
bash.
marketed. To-day, there was a partial decline in prices, to 62c.
22-',35a
66.641
620.119 3,039.423 1,316.276
In store at New York
for prime mixed.
4.31)0
32.5"0
61.100
117.000
45.503
In store at Albany
101. ni3
23,578
20G.871 1,096,150
U7.3S8
Btore at Buffalo
Bye has been more active for export to Germany— 71c. paid tn
198,610
618,888
90.848
696.586
618,081
in store at Chicago
6,641
237,297
82,858
427,975
91,743
for No. 2 Western and 75c. for Canada in bond, closing with an tn store at Milwaukee

continuance

of

;

upward

tendency.

Barley has met with an active inquiry and a
portion of the late decline is recovered, with a further advance
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
The

36e. for mixed and 37c. for white.
following are the closing quotations:
Flour.
(Jrain
< 8 <»& 4 25 Wheat-No.S spring.bush $1 83® 1 26
a.nernnViit".,;*^!Soperflne State & Weal
No. J spring....?.
1 23a 1 81
4 853 5 30
i
No. 1 spring
_«f"--1 313 1 35
Srua
State, Ac
5 60a 5 85
Red Winter.
1 833 1 44
Western Spring Wheal
Amber do
1 353 1 45
««*»
5 65® 5 90
White
1459 155
doXXandXXX
6 Ool 7 50 Corn-Wcsfn mixed, new
C9» 8*
to winter X and XX.. 6 85® 7 SO
Yellow Western
61® 62
do Minnesota patent*.. 8 50a 9 00
Southern, yellow.
<S*j shipping extras.. .. 6 5fta 6 60 Rye
CUy trade and family
Oats— Mixed
brand*
6 75©725
White
53 49
Southern bakers' and f aBarley—Canada
I 1
.

1

In store at Duluth
In store at Toledo
In store at Detroit
Instore at Oswego*.
in store at St. Louis
In store at Boston
In Btore at Toronto
In store at Montreal
In store at Philadelphia
In siore at Peoria.
In el ore a Indianapolis.
In store at Ka.isas City
In store at Baltimore
R»il ahiiiments week
IV wee'«;
Lake
to

AJoatlnNewYoi\canaU

238.211
829,800
423,805
220.0OO
100.259

58.711
814,871
824,088
524.231
1,159
15,347
115,000
48S.710

878 478
.

3,3 5.656

... 8,781.448

....

....

434.000
8,630
155,000
806.471
889,707
2,450
983.520
591.338
31,008
67.030
85.0C0
661,857
245.595
1,928,570
685,996

148,600
105.835
80.IO0
88,801
266,410
18,080
69,599

859,851
489.967
571,818

103,518
805,995
538,580

10,439.577
10.558,761
11,362.559
11.438,348
10,088,858

8,850,959
4,130,841
4,088,668
8.S04.9S3
5,247,085

2,K»9,487
3.731
2,114,689
1,489.853

6,3»

887

800.000
96.7:6

16,000
30,687
8,109

65,231
800.54*
8,977

48
8.581

....

....

43.628
15.913
12,000

18,095

67,6«

4,000

12,000

..

....

....

WW
._.

10,8*5

71,s5
130.068

.

.

West..

aailyorauds

-

The movement

|

Canadian'.Tr™.

7©
13
'..'.'.'.

11.322.164
'...
10,974.514
Oct 13 1877
..10,130,753
Oct 6 '877
8,430.948
Beit JJ 1877
Oct 8Uo?ilT.V.V..V.V.'. '..'.... 10,440,055
-

1

00©

S 50 1 Peae-Canada.bond&fr.:o
833
in breads tu us at this market has been as

1

15

1

10

fol-

»,848,«5

TRADE.
THE DRY GOODS Fbidat.

70
78

»

644.889
678,969
6*4,639
679.410
669,544

• Estimated.

!

8 50ft 7 75
Bute, 2-rowcd
6 40
State, 4-rowed .
4 0i'3 4 50, Barley Malt— state

oothernahlpp'gextras..
5
* K
853
— —

Bye flour superfine
Oornmcal— Western, Ac ° " x
•Wswa meal— Br wine. Ac. 8 453

To ..i

P. M., Oct.

N.

1STT.

During the past week operation* In the dry goods mark.** have
been mostly of a hand-to-mouth character and lijth* in the
Continued mild weather over a very large section of
the country has retarded the consumptive demand tor winter

aggregate.

THE CHRONICLE.

414

exports of Leading Articles croiu New fork.
The following table, compiled from Custom House returns,
shows the exports of leading articles from the port of New York

goods, and, until distributers have disposed ot their early purchases, it is futile to look for a more active inquiry for re-assortments. 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
The demoralization of the print market has had a
net.
tendency to check operations in other makes of cotton goods, and

to all the principal foreign countries, Bince 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.
CtOiO-cfiOaOCOcO.
SwOOOJMl.V.-uJWT'
«.-=«
^ «,
1^-'- COCO *«3—<(DW

5|c.

purchases were accordingly ganged by actual
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
lots of prints,

bleached cottons, &c, to

offer effected

a

fair business.

-, eft cj:

iO

<w — t- t-OJQ^DJO?.Oeav
*0 ,— ;«
-"l"^ ,o
Tt^T
Tr
CN r*'~G co >.-T"*-**^-CO
•C-e'tCJic;,— OSOiO»rt
wt— »Ow7!C5CO'?>l—
.O — CO TC
OC CJ -T u5 .— CO ^ CO CO
"*?*-*
r~
*
W) — PiS(©M^>cnr*CI" w!(hw
.7.

,-. tj<

L-*".

,/^c©

oC—'^e'eo
OS

— CO CO

*-*

Tl>

.

CTl :/5
to,

id

*-<•&

M

co

rS

rjsf

_3)W-»S«OU3r

.

» i-Z i-4 xT in

*J

'«"

ft

P3

•&

C-r-lOlCO

r-t

British Possessions in Africa, 30

;

S

Nt»

co 'iff iff
tO CO T* 9}

5»
IWt* «
-r - -

S cf

<o

^

oj ci

if5

- r

-jT5

o

i-

Dutch West
»oo

—.

(3

a

5 to

Tf

•

*£SS
1

Manufactures of wool..

do
do
do

cotton
silk....
flax....

Miscellaneous dry goods
Total.

.

674
456
466
447
433
2,776

$271,819

341

128,612
336,275
102,016
131,801

396
850

8999,953

531

209
1,727

364
559
369

$592,433

914
257
2,463

do
do

silk
flax

Miscellaneous dry goods.

Total

Addent'dforconsumpt'n

453

8175,535

S70

$151,693

200

62,463
110,293
83,629

145
115
568

23,7.33

153

44.895
117,869
71,220
17,55"

$461,703
999,953

1,727

100

395
520
1,638
2,776

1.151

$403^234
592,433

521
123
91

518
286
1,541
2,163

*

2.813

$995,657

do

cotton..

do

silk

do

flax

Miscellaneous dry goods.

309
224

72
273
ST

$117,660
59.282
73,255
79,764
19,097

235
91

45
144
13

$87,632
24,461
51,271
32,424
11,984

co
"&

-

xi

t

as

r~ 5
« 3"
« *? ck
rr

oi

_ or. c

.to rp

'

•*•

,a>me>
SssrH^i
*5-J

*

QO

•

.5f.oo»»ri -^o

•

*

o'n

<£otf

to

*

o op —
v co t;

*

;

•
•
•

2,050

•C40O
**-*
•

$800,408

3,351

$929,015

fM ij

^ w « &?

i-t

O t' "

;

^O CO

"»1" *

*>•

o

- T*

ifi

W « :C C 0> CC

i-T

if}

.

tco*Ti-T^o ofc*

*

O >MrM»
t- in

,«3

:S

"J

-CO

.

r» uo

.iora

Colonies

•

-t*

*

TO

-i-i

t>itf3

b-ipcn

»OCO
-^23

•

'Weir)

"Oi

i-Ji

CO

Br.N.A.

i

:

:

:

:

:

:

:

:

:

:

:

i

•

;ao

O*
r-

tc ao

tt
'ts

«fi
i.-:

QOOK

t

<--.

©»'co

•

0^

*2*

':

S3
tO o

:*s

3^
.O-w

IS

•

5|«

.woo
•

•ifjiO**-

*-• ?7>

o'iOwV

J

'r-"

o
n

•

0*0*'-'^l

•— .W(£).

o

i-«

Z

•

5

2

r—_*
m&:: :^S
'

'

^

'ooo»

."^S

.
:

"fl

"

:«

•
:

•
•

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d
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t*

tO

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to
to

'

*eo
i-<

•O

•

.OtcrffOC

'jo

*

"

.^

*

.

o» <o »o
05 Tt

—

weooo^co
ofitiffi'o'

of

to'o» ,-'c>"co*

.to9»oQ«

•

12 1; *^ Oi

«£?

- cr »o

o>

J;

Oi
o«

"W«5

CO

"

•

.

.r-2

S

^-t

C* iS

»-•

.00-0

J*

oo>

**
:2

jo

oooo

OS

:

OJ

tD co
CI TO

f^^

*

:

to -* to* 3
lIS" :l8S?Si

:23i :gg^

3O B ya

'

"

•

gig

"O
:§
!2

.co-*-« .op-c-

iSg

,

"

•

CO 00 OT

*

o*o

O CO

V

5 fi«rf
S

eeo"
co

o_^i

a

s

a

2o

jj

SJ-

x « n m n oGt&tnaQtDtc'liD

re tc on

bo <k

£

**

«

*n bj

:

if;
:

IS

:*§

:

'.a

Use
1

;

»

TT ^3 -I

^335-2,5'D D.^|S aaci^g|og-So5

62,431
46.832
23,314

2,260

'-°

s
72,574

$106,074
30,882

Total euUiad at the port. 2,691 $1,319,011

C ^*

jd

co

.-

$269,503
659,512

2t

(

«f

*eo

155,349

$427,702
659,512

891
2,463

'J2

.^ii7)cpo30t-^-Oi5i2^rjO"J

to-*

•^aooocoor* •«

35,879
93,437
70,952
27,310

$207,975
592,433

°6. 1*;

§•2

$200,044

533

T"

rtr>^*c3io'«*ixir-'(-»f3eo

.00 2!
•

8653,512

1,727

2,776

(O O V3
OOlO

eo»

4,004 $1,087,214

286
80
59
395
68

|

o

125,721
193,101
127,810
88,714

999,953

Addent'diorconsnmpt't

915

w»t-

cr>

'

«c=(-r-co-'CDif:c;t^w-iOD«-xi

m

:S

•

$127,129

$343,058

Total...

CO

ococo— m s to w: cf w" w
WOiOcO'-"TM 1ftioioe<!0

-i-H

.co

""

ENTERED FOB WAREHOUSING DURING SAME PERIOD.
Manufactures of wool

-tr^otD
»— oof-*

*

<c

Total thrownnponm'k't. 4,414 $1,461,656

t-

:S3 =
MC
C4

:

withdrawn tboh wakkhouse and thhowh into tbb mahket during the
same period.
Manufactures of wool
cotton..
do

on

3i
'1-100X70 0*3*5'

Pke«. Value.

$133,789
88,805
202.673
93,380
73,786

*

:

m o£

•

1877

i

:

>o>

OCT. S5, 1817.
.

goite^oio
-.a >r> <r*

J2 55

*f * COO~
T
—
a*®

(iootls.
The importations of dry goods at this port for the week enditg
Oct. 25, 1877, and for the corresponding weeks of 1876 and
1875, have been as follows :

Value.

COCT*

si

Importations of Dry

1876

mo

,

*

»

£8

Cloakings continued fairly active, but repellents moved slowly.
Jeans and satinets were lightly dealt in. Black clo;hs and doeBkins 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
goods were less active, and there was only a moderate movement
in felt and Balmoral skirls, shawls and woolen hosiery.
Foreign Dry Goods have been quiet in first hands and the
jobbing trade waB light and unimportant. Messrs. Opdycke,
Terry & Steele (who are about retiring from buaines) 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'a-wear woolens remained quiet with importers and jobbers.

Pkgs.

-X3

•

—

,

«fS

crJt-T

^S-

were moderately active.
Domestic Woolen Goods. Men's- wear woolens have been
quiet in first hands, and jobber's sales were not so large as could
he 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 request by jobbers and cloak manufacturers, and all-wool heavers
were in moderate demand, but cotton-warp-beavers ruled quiet.

.

c
n ^' ;c

<i+ <ji

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 lessened, but stocks in agentb' hands are still ample, if not excessGinghams were in good demand, and fancy dress goods
ive.

1875

T-.

SOD

<— -T TO iO.5
Cf. T* ^" lO

CCO
J-

quiet but steady, on the basis of 3 ll-16c., cash, for extra 64x64s,
3fc, cash, for standards, and 3ic, cash, for 56x50s. The stock
of cloths now in the hands of manufacturers and speculators

,

— en t»

iff Ot

Values of cotton goods were steadily maintained,
except on outside makes of bleached shirtings, which were somewhat 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

Pkgs. Value.

C

— if>*0 U
7f-3JWt
OS
CC

—C
O Or
7

Indies, 25, &c.

SKTBBKD FOB OOSSDKPTIOK FOR THB WEBK BNDOTe

**

8

_ „Jiortira«woo)-at-«t"tcsct
f« f i^w t« ftc
oj.2 e « « « t*.«i« «3 w
u'xl

^ CO

"V

3"

United States of Colombia, 471; Great Britain, 405; Argentine
;

to

M«jw<co«cacirtCr-'j'aii5rrreartS®*c»o'»caci^ot-sfit-»in>
?p?qi:.l '-2;s^ CT *l 5 5S W ?£- '- ^S 2'^: "i ^2 P 'c? ° ~ 21 r? ™
= C* ID CO »ff -ri Iff -r CO -J
©n?30»3)Wcn-Hc-o?
t^ -O t~ T

:

Republic, 17

•"""

r*

.

2§2

O

Domestic Cotton Goods.— The exports of domestics from
his port, for the week ending October 23, reached 5,837 packages, which were shipped as follows China, 4,643 packages

^^^

O

trade require-

having job

XXV.

[Vol.

%

jljij
-

ofital

so

•

<S

«fH

-

ej

If
m-3
>?
S3
HH

F.

October

27, 1877.

THE CHHONICfLR

|

UKNKIUL
PRICES OURKKNT

OONNIKH.—Bee

HAVNortb

»

IX*

».
a HKAD3 ru KKS-S«.apaolal report.
t'ot.eiflfcrl

9

Brictt— Common tianl.alloat. .*
croioo

O •
im a

M

t'muiifipinit

dement— ttieomlaie
Lttne— Itoclilud,
Ho.-kUn.l.

common

V

io ou

niu

«, 2i oo

100

....

bbl.
bbl.

It

ISO

S

a

45 00
is JO
19

l".

u io
a
a
| M
31

oo
do
as
DO
00

.,«

oo
00
so oo
24
:v.

•

3^

,

1

Ulact WrtlnUt...
»ioo oo
Spruce boanle A planter, each
a 28
Hemlock boardi, each
16 a
18
_"ap!e
»)M.ft.9000 aS500
J»iU— lOjedil.rvm.ron.A Hi* keg .... a 2.Ml
Clinch, in to 9 In. A longer
4 23
a 9 2.i
Sddna...
....
a 4 71
Cut>p!kc!,:llI«lZt'!

a

....

l

2 11

e»a
]xs
5 9
9 a

lb

Lead, wn. Aincr., pure dry
Zinc, wh.,Amor. dry. No. 1
tlnc.wh.. Amer.,No.l,lnoll
Pari! white. K .t- gold....* 100 a.
BIJTTBR-.\Vw-( Wholesale Prices)—
Dairies, palls, rV to p'me 8tate » ».
Wen'n f;i t'y. tubs, g'd to ch^e "
H*l flrk. .tultH, slate, t'r to prime "
Welsh tabs. State, com. to p'tne M
,

S

65

1

1
8
10
10

1

a a
•< a
a
19 a

2*
17

2ii

CHKK8B—
State tactory. fair to choice
V»
Weatern factory, good to prime.. ••

10

2-1

•it

12

0.

UX

10xa

COAL—

Llverpool gar cannel
10 009 11 00
Liverpool hou.r r.anne!
13 00a 14 OO
ASTiiEACtTi— ThcJ following will «how prices at
latt auction, or present achtdnie ratea
r«nn. n.LAW. D.AH. P.tR. h. ft W.
Auction.
Sched.
Oct.

H
St'mb...

Orate. ..

.

.

.

,

Bgg
Stove...
Ch'not..

Port

.'I.

ibokcra.

>2
2
2
3

6J
70
73
00
2 60

2 17ft.; 33
1 :H,«.' W)

.

I

9t#l

12

UJFKKK—
Klo, ord. car. 60 and 9C days .gld.f)
do
do fair,
gold. ••
do
do good,
gold. "

do prime, do
Java, mats
NatlveOcylou
Mexican
Jamaica

'

gold.

laaracalbo

Laguayra
Uoiningo

Savanllla

gold.
goid
gold.
gold
gold.

"
"
"

19

22

26

llH

DUIIOS * 1IVKS —
Alum, lump. Am

v B

car.

*?.

••

B "

100

VB
SU0B.

••
Bleaching powder
Brimstone, crude, per ton
gold
Brimstone, Am. roll
l*B..cur.

refined

<•

i

V

tartar, prime

l-.H

six

"

"
car.

—

••

Opium, Turkey
(In bond), gold.
PrusMate potash, yellow. Am. .cur.
gold,
Sleksllver
lolne

Shell Lac, 2d & 1st English. »>». cur.
Soda ash
V 100 B. gold
Sugar of lead, white. prime. VBcur.
'•
Vitriol, blue. common

!*

Oeorge's fnew) cod. (Rqtl.

12

1

M
M

i

»
2 30

94

3 40

a
j
a

I
1

rofl

i

t3

30
90
23

an
n
T*

4B a

6 00
2 00

Mackerel, So. l.vi.sbore
pr.bbl. 20 00 o
Mackerel, So. 1, Bay
None.
Mackerel, No. 2 Mass. shore (new'. i
a 13
Mackerel, So. 2, day
None.
fkuit.

»

50

BaUlM.Saeaiess
per 301b. frail 3 45
850
do Layer. new
2 00
2 15
do Loose Muscatel, new
do London layers
...
a
do Valencia, new
...
a
Car rant", new
....'..
...
a
Citron, Leghorn
UM|
Pro nes, Turkish fnew)
do
French
V4MM.
'.

Da'cs

,

Figs, layer

Canton Glneer.wh As bf.pots.v case*
V half box
f quarter box
Ma-rroni, Italian
sa b
Domestic Dried—
Sardine",

Sariilie'.

Apple, S.u. hern, sliced
uo
do
quart-re...

V B

State.sllced
.,
do- quarters
Peaches, pared, Ga prime A chi Ice.
d
".npirei.
halves
and
ore.
.
...
?..
Blackberiles
Raanberrtee
*
Cherries
d

i

do

."

P!nm*.Sate
WhonleberrlM

"

3

•

6 50
|}

a

5
.

-••

^

8 00

19H

Go

12X»

sx«
*

e

Olds,

growths

all

ioii

12
15
13

o
4

Para, coarse to fine
EsmHralda, pretsed, strip
Guayaquil, pressed, strip

Panama strip

IS

a

7

2

4

34
40
93

52
41

3T

W

ton.

H

a
@
a

39

31

a

TO
17 00
16 50
24 (0

20 no
19 CO
at IS 00
<a 26 50

13

a

Store Pricex,

,,
Bar.Swedea.ordlnaryslies..*)
ton. 180 00 ai32 50

Scroll

lD .

»)

2

5-10a

•>

3

a

5

2 8-10

LBAD—

Ordinary foreign
»
Domestic, common
Bar (discount, lup. c.)
f
'
"
Sheet

gold

6

87Ma

cur.

1

25

100 lb«,

6 49

a

a

V B.

a

Hemlock.Buen, A'res, h.,m.&l.*ib,
"
California, h., m. A
" common bide, h., m. 41.,..
" roagh
1

Slaughter crop

Oak. roagh
Texas, crop

10

IT5

Pepper, Batavla
do
Singapore
do
white
Caasla, China Llgnea
do
Batavla
Ginger, African
do Calcutta

V B.gold

Mace
Nutmegs, Batavlaand
Pimento, Jamaica

Penaiig.
'

Cloves
do stems

Brandy, foreign brands.
proof ...
8t.Crolx,3dproor
Bin
Whiskey, Scotch
do
Irish
DometticUquori— Cash
Alcohol

Vgal

.

Knm— Jam. ,4th

.*>gall.

Whiskey

SnGARIoferlor to
F»Ir

Good

common refining... .v

Porto Rico, refln., fair to prime "
**
Boxes, clayed, Nos. 10® 12
"
Centrifugal, ^os. 7®13.

Melado

**

Maniln, sup. and ex. sap
Batavla. N os. ll'@12

**

Brazil, Nos. 9®ll

*•

"
"
"
"

Hard.powdered
do granulated
do cutloaf
Coffee, A. standard

WhiteextraC

do

off

**

u

A

•*

"

FxtraCdo

•*

Yellow C
OtherYellow

••

"
"

TALLOW—

••

ii
BS

i

41

a

"

"

4S

m

•'

*bbl,

..

«
n

r,n

a

2 23

2 30
2 30

«X3

2

.

T1N-

Banca

ai

lb

30
4

Flliierti, Sicily

Walnuts, Nap les
l'ecau
«fc

ft

5

15*

best

8K«

10M

V ».

CAKE—
a
q
a
« a
>3 a

City, thin ol>lorii7,t)agR, arold. V ton. S." (0
Western, thin oblong (Dom.) cur ** 83 00

OILS—
Cotton seed, cruiie
ijaj.
* "•
Olive, in casks V gall
"
Linseed, caRks and bbls
Menhaden, erode Sound..... *•
"
Neatstoot, No. 1 to extra
Whale, bleached winter
"
"
Whale, crude Northern
"
Sperm, erode
**
Sperm, bleached winter
"
Lard oil. No?, l and i

l

42
85
e:

31

ka
1

a

a

a
M I

US

,t

1

....a

1

34

co"

a

23
00
45
90
62
10
40
15

ieKTHOLK0MCrnde, Inbuilt
Cases
Kenned, standard white
Naphtha. City, bbls

gaL

Y> •"

8*

....a

'*

"

17Xa

19

....a

UH

..

.a

8

PKOVISIONSPork, mess, spot
..*ibbl. 1130
Pork, extra prime
Pork, nrfme mess West....
family aiess

.,

15 00
13 00

,

Beef, extra mesp, otw
sunt, cured
Hacon.Clty long clear

Seefhams.W.

.

.*

.

»
**

.,

19

"

Lard, City steam

a

II

M

....
-. ii oo
<3 16 (0

a

d

a

ox.

ou
17 50
14

19X

RICK—
Carolina, old fair to new prime. V
Louisiana, new, fair to prime..

Rangoon, In bond
Patna, t x amy paid

svta

u
3\

bush.

80-2

V sack.

39

85

Young Hyson, Com. to
do
do

Ex.nncto

do

Choicest

8X1)
..

V bush.

a

S'SO
i"io

203
250
-

foreign
Flaxseed, American, rough...
Linseed, Calcutta
V 59 ft. gold.
Llotced, Bombay
•], *% a
gDld.

Nominal.

floe

finest

i

N

2 10
1 55
1 45

too

21

25

30
47

40
5?
82
82
45
62
89
23
40
52
SO
S3

67

to fair

24

Sup. to fine
do
do Ex. fine to finest
do Choicest

87

Com. to fair
Snn.to fine
no
Extra fine tofinest
do
Hyson Skin. A Twan.. com. to fair.
Sup. to fine
do
do
Ex. fine tofinest
do
do
Uncolored Japan, Com. to talr
Sap'rtoflne
do
Ex. fine to finest
do

52
65
23
82
44
19

Imperial.

Oolong, Common to talr***,
do Superior toflne
do Ex fine to finest
do Choicest

.

Bouc.A Cong., Com. to fair
Sup'rto fine
do
Ex. fine to finest
do

21

inal.

14

27
4S
55
20
41
IS
75
25
42
57

21
82
48
22
82
45
65
20
82
47

TOBACCO-

fft
Kentucky lugs, heavv
"
leaf.
Seed leaf— New Eng.wrappersni-'TS

H

do

i4-'7S

fillers,

.

Pa. assorted lots, 74^5.
Yara, assorted

ISM*

_.

*•»
2

Extra. Polled

8,
S2

•
•
,...

20

No. 1, Polled
Clip—
Bnpertor. onwashed

«•

-

28
21

Texas, line. Eastern
Texas, medium. K astern
BmyTna.onwaaheil

St

iia

to
IS

IS

SO

9

29
..

gola.

cor.

bbl.

He«TT ajooda. ."ton.

Corn.bnkAbira. v>bo.
Wheat, bout* bags..
Beel
ivJ?""*bbl
rork

17

a
n

•.cold.net

Domestic

ITBEIOHTS—
To UTBxyoOL
.."».
Cotton

«
•
•
S
•
•
a

19

Interior
•••••
Borry
Sontb Am.Merinc, onwashed

Floor

11

M
•
S7

California. Spring

do

»
,5
IS

i

SI

_„

American XX
American. Soa. I *
Amerlcan.Comblng

15

to

1

bright work

WOOL—

(

5
1
10
5
12

W

Havana, com. to flne....
Manufac'd.tn bond, black work

250

V B.

27
97
47

10

fair

Super. to

Sheet. Foreign

Clover, Western
Clover, New York State

21
3.1

Cape Good Hope.oowaabed

BALTV

do

Fair
lb.
'*

"
"

Turk's Island
St. Martin
Liverpool .vsnous sorts

cur. fa*

6 00
6 25

a

too

fair

1«V
I5«

3

5 s)

Superior to fine
Extraflne tofinest
Choicest

do
do

Bunpowder.com

11

a

,

....Vbxgi.

Plates, I.C.* coke....
Plates, char, terne....

18

I

15V3

TEA—

37S

4 i'd"
5 00

50

4

M

"

,

Hyson, Common to

2

17»4«

"

English .refined

.

"

..(?old.»llb

Straits

1C

wlndowglass

VM ».

Prime city
Western

"

it
i
10

ft.

Prime

M

w g a i,
*'

logs

"

34

n

16

,5*

7...."
"

re fining

28
81

una
9 9

American machinery
American German spring

22
22
26
so
27
so

a

113

Store Price*.

English, cast,2d&lstqoallty Vftgold
English, spring,2d & 1st quality.. "
Eogllsh blister, 2d ft Ut quality.. "
*•
English machinery
English German, 2d & 1st quality "
American blister
cur.
American cast, Tool
American cant spring

•a

a
a
a
a
a

a

2 13

.•

22xa

Pitch, city
2 2", a
;
Spirits turpentine
? ^Rosin, strained to good strd.wi*-xt
b'
n
'•
low No. 1 to good No. 1 "
2 lOXf
'•
low No. 2 to good No. 2 ••
1 B0
•'
low pale to extra pale.. "
2 30

Uaois.smuked

• 00

eir.

Molasses sugars

Tar, Washington
Tar, Wilmington

3-sel,

00 B.gold.

R'fined— Hard, crushed

NAVAL STOKK8-

Hemp,

1•

8PBLTBK—

STEKL—

3?X@
e
io"@

Carlhagena, pressed
Nicarsgna, nheet
Nicaragua, scrap
Mexican, sheet
Honduras, sheet
IKOJN-Plg, American, No. 1
Pig, American, f,o. 2
Pig, American, Forge
Pig, Scotch

""

....„.,,.'.

SPIRITS—

I1X

INDIA RCBBEK-

canary, Sl« fly
Canary, Dot ch

'

a

is

»ia
mm
u a

.»».

Timothy
Canary, Smyrna

y

'i
8

187T
1876

it

"X
13
"X

BBBDft1

;xa

23
If

Crop of
Crop of

a

14

nops-

OIL

JX

:

1

do ... car.
A. /. Hock— Cal. klpa.slaught gold
Calcutta kips, dead green.
Calcutta, bafTalo
„

Texas,

OAKUM—Nary,,U.3. Navy

29

HSt]

i

California,

«"
38"

a
MM
9 O
u a
10 I
law 8
n «
.'6

so

Para,

21

2j

10
23

2i

Savanllla,
rf*«l,foK«d-Buen. Ay,

iY

a
liiii
H a
it a
i< a

do.... cur.
do.... gold
selected "
•'
do....
•«
do....

Kereeled Cotngoun

SPICKS—

Sii

ii

Brazil

i«a

i

••
*•

•'

..

Alinonds, Jordan shelled
92

svea

car.

"
abarb, China, good to pr
Bal soda, Newcastle *K<J», jold

Matamoras

"

61

1

do

23

bm|
2i
a
2: x»
2i xa

M

166 lb.

Foreign
Domestic, common.

a

22

Dry Salted— Mara'uo.as they run '•

NUTS-

35
2S

**

••

Oil vitriol (86 Brimstone)

'

10
30

1

tv 2

gold.

Madder, Dutcl
Madder, French, E.X.F.F
Sutgalls.blue \leppo

i

13
oil

cur.

Oimbier

'

2X

to

4

"

(Unseng
..
cat.
«•
Olycerlne, American pure
"
Jalap
'•
Licorice paste, Calabria
"
Licorice paste, Sicily
alcorlce paste. Spanish, solid., .gold

F ISRrOr'dBk.*

4 12l<

a

"

19

"

silver...

Citcb

I

••

Am. 4 Fr.

Cibebs, Bast India

|

B

"

Ochineal, Honduras,
Oachlneal. Mexican

Cream

100

8

s-.na

21 CO
3
26

Castoroll.B.I.lnbond. Viral. .gold.
Caustic soda
Cliloratepotash

•

12

Matamoraa.

KloQrande,
Orinoco,

Barbadoes
Demerara
Porto Klco
N. O., com. to prime
22
90

4 CO

cur.

California.

do....
do....
do....
do...,
do....

Cuba, clayed

a

<8

"

••

Z>r»-BaenoB Ayre»,»elected.*iBg61d

Oaba, Mua.,refln.gr'ds /50tcsl.
do
do grocery grades.

1X1

gold.

He-reeled Tssllees

SK

MOLASSBS—

a
a
a
\"*X9

Argols .refined

Camphor

X

17
:o
21

a

i,

v b

Argols, crude
Araenlc, powdered
Blcarb.so 'la, Newcastle.*
Blchro. potash

I

iHi

a
«

LBATHER-

19«
19*

\t**
16 a
IIKt

COPPKKBolta
Bheathing.new (overl2 oi)
Braziers' (over l«os.)
American Ingot, Lake
COTTON— See special report.

Jute

JT3
S210

Usual reel Taatleaa
Usual reel Tavsaama..

a

21

n a

7

oo
00

HIUKBCorrtentes,

'.

par

SILK-

i«i

..gold.fiB
luxa
11
* treble, com.
4
3%d
Kails, Amor., at Works. .$» ton, cur. 33 00
3i 00
Steel rails, at mill
a 5j uj

20

i

170 00

Sheet, Russia
Sheet, single, doable

l'V

a

"

.»B "

Hoop, Xx.No.22tol&:)iJx.l3414

1«V
18*

utSi
1SY4
i»xi

l3K»
itxa

"

"
"
"

.

OoaURlca

,

"

gold
gold.
gold,

St.

1"'\*

"
"

......gold.

,

,.

John-ton.

(2 3oa/J 30
a i.'<*i so

Crude

aau
tin

ISO 00
gold. JUS ')0

Kuasla, clean

Montevideo,

J

i*mi«r-l'iir,KM to ox.Ury.V M It.
Pinr, llil.tiil.'.K. box
...
do tanr boards, com. to E'<i,«arh.
Oak...
.* M. it.

FlinU- Ld.,vti.ivii ,onre.lnoll *

...» ton. 175 90

Sisal

80

fliil.'ilng.

a

53

Nitrate soda

Amerlcan dressed
Amerlcak undressed...
Manila

B

li»l

Itnltan

0U1LU1.NU MATKKlALS-

SALTPKTRKBeflned.pure

H

Itlver ahlop*ue..

HBMP AND JUPB-

A«HltR-

415

report under Cotton.

,.d.

t.

K«5-it

It .1,
80

7
9

•x»

a.

St

M comp.
«*

S4i t

ao •

1CK»....

!*'•

10H»

t

—

»....
«....

a

...

ts«
••
....

THE CHRONICLE.

416

Steamships

Insurance.

North

Direct Line to France.

cantile Ins. Co.,
OF

MXDOS AND EDINBURGH.

The General Trans-Atlantic Company's
BETWEEN

IS 66.
$1,363,636 36
2,517,028 04
4,618,630 10

cluding re-insnrance

Net Fire Surplus and Reserve.

.

.

10

Invested and CashFireAssets.$8, 500,185
Subscribed Capital, for which the
Stockholders are personally liable,

Reserve for total Liabilities, including re-insurance, in the tT.S.
surplus in the United States.

FR iNCE, Trudelle
CANADA, Frangeul
AMEUIQUE.Pouzolz
PRICE OF PASSAGE
;

Co.,

1,1)1

4C. " ONTARIO" SEAMLESS BAGS,
"AWNING STRIPES."
Also, Agents

all

Duane

Washington

in stock.

HAYTI.
November8
November

29

No.

HOSIERY. SHIRTS and DRAWERS.
NEW YORK.

BOSTON,
ft 45 White Street.
15 Chacnobt
PHILADELPHIA,
J W. DAYTON. 23U Cukstnut Street.

George A. Clark

Providence Line
TO BOSTON,
A Whole

&

St.

Tl

West

RHODE ISLAND,
("The Queen of the Sound,")
vlU.onsnd after MAY leave (dally) from Pier 29,
7,

St.,

'UMBERLAND COALS.

FALL RIVER IRON WORKS COM'y
NAILS, BANDS, HOOPS

at 5 P. M., arriving at Provi-

MANUFACTURERS OF

No. 11 Old Slip,

Wire Hope.
AND
STEEL
IRON of

glues,

Works,

HOISTING PURPOSES,

The jobbing Trade ONLY Supplied

>hlns' Rigging, Suspension
Bridges, Derrick Guys, Ferry
Hopes, &c.
A large stocK
constantly on hand from

are cut.

Co., Tin

Represented by

of China,
New York.

2-,

.

"MI"™™!'!
SILK....,..,........,,'.

2

W

5 00

CO.,

York.

Financial.

Franz Herm. Abbes & Co

Koln Wechsler & Commissions Bank.
NEW YORK CORRESPONDENTS:

G.

MEANS,

Water

street,

&

Roofing

Plates,

OF ALL SIZES AND KINDS.

PIG TIN, RUSSIA SHEET IRON.

LEAD, MIEKT ZINC, COPPER,
Antimony,

CO.

20 Exchange Place.

United States Trus Co.t
OF NEW YORK,
No. 49 WALL STREET.

B1IASS AND WIRE.

^4,000,000.

This Company is a legal depository for moneys psM
o Court, and is authorized to act as guardian or i»
cetverof estates.

Interests A

Mowed on

Deposits,

which may be made at any time and withdrawn afttr
far
five days' notice, and may be entitled to Interest
the whole time they may remain with the Company.
Executors, Administrators or Trustees of

EsUMt

of
and Females unaccustomed to the transaction
business, as well as Religious and Benevolent Insttt*tlons. will And this Company a convenient depository
for money.

Ice.

MANUFACTURERS OF
COPPlili,

ic

Boston

JOHN

11

A

New

43 Broadway,

CLIFF STREET,
New York. Capital and Surplus,
John and Fulton,

Spelter, Solder,

ISAAC SMITH'S UMBRELLAS.
SUPERIOR GINGHAM

JOHN W. MASON

Treasurer,
40

CHARCOAL AND COMMON SHEET IRON

St.,

FLAT STEEL AND

IRON ROPES for Mining
purposes manufactured to

N. H.

IMPORTERS AND DEALERS IN

Canton, China.

la

cllned Planes, Transmission
of Power, &c.
Also Gsh
jvan'/ed Charcoal and BBfor

MESSRS. SPEYER

and Tools,

RET AS BLOOD, W.

Between

Hong Kong, Shanghai, Foochow &

MINING AND

SPECIAL PARTNER:

PHELPS,DODGE&Co

COMMISSION MERCHANTS,

CHARCOAL

superior quality,

suitable for

MANCHESTER

York.

Olyphant &

CO.,

FALL RIVER LINE STEAMERS.

BREMEN, GERMANY.

OT

SODA.
New

RODS.

Railroad Material:, &c.

Superintendent
Manchester, N. H.

SUPER-CA RBON4TK

AND

OLD COLONY STEAMBOAT

BANKERS,

A
3

York,

dence at 6 A.M., and Boston at 7 A.M. No Intermediate i&adlngs between New York and Providence

MANCHESTER,

Co.

New

order.

Palace Steamer of the World,")
AND THE WORLD-RENOWNED STEAMER,

Locomotive

&

John Dwight

St.,

BORDEN MINING COMPANY,

MASSACHUSETTS,
(" The

400 BROADWAY, NEW YORK.

BX. QUAL. LEVANTINE

&

which any desired length

U.K., foot of Warren

Bro.

LOVIIl

Borden & Lovell,
COMMISSION HIRCH1NTI

THE NEW MAGNIFICENT STEAMER,

(.WARD'S HELIX NEEDLES.

GOOD >ILK
PATKNTED GUANACO

L. K.

Night's Rest.

MANUFACTURERS OF
Locomotives, Stationary Steam En-

1H4 Wall

WM. HOKDKN.

Only 42 miles or Rail.
Time, 60 minutes.

ONI

OLYPHANT & Co.,

PITTSBURGH, PENN.
All business relating to the Construction and Equipment of Railroads undertaken.

Wall Street.

58

THE NEW

mills, Clileopee IHfjjCo..

Burlington Woolen Co.,

irll

Edgar Thompson Steel Co. (Limited),

() It

Ellerton New mills,
Atlantic 4'o.ton mills,
Saratoga Victory Mfg Co.

43

Iron screw steamers, from

(Jam.) and

PENJf.,

AND THE

VIA PROVIDENCE DIRECT.

Street.

F

JOBNSTOWN,

AGENTS FOh

For HAY'lI. COLOMBIA, ISTHMUS OF PANAMA,
«nd SOUTH PACIFIC PORTS (Via Asplnwal'),
ETNA
October 27
ANDES
November IS
Superior first-class passenger accommoaation.
PIM, FORWOOD * CO., Agents,

E.R.Mudge,Sawyer&Co
AGENTS

Cambria Iron Company,

TO

KINGSTON

ST.,

York.

Buy and sell Railroad Investment Securities. Corect Coupons and Dividends. Negotiate Loans and
draw Bills of Exchange on London.
Agents for the sale of STEEL RAILS made by the

Atlas Mail Line.

Bunting Company.

Widths and Colors always

No. 109

DEBEBIAN,

IS

Agent, 55 Broadway.

kinds of

OTTON UANVAl, felting duck, cah cover
ING, BAGGING. RAVENS DUCK, SAIL TWINES

supply

steer-

available

through England and France. Steamers marked thus
• do not carry steerage passengers.
For iv.esagc and freight apply to

For

COTTONS AILDUCK

full

winen

(including

age, $27, including everything as above.
Return tickets at very reduced rates,

ATLAS
CLAR1BEL

Manufacturers and Dealers la

A

GOLD

To Plymouth, London or any railway station in
England— First cabin, $90 to $100, according to accom-

Fii et-claes, full-powered,
Pier No. 11. North River.

Brinckerhoff, Turner

ulled States

IN

cabin, $100: second cabin, $ 5; tnird
steerage, $26— including wine, bedding and

BI-MONTHLY SERVICE TO JAMAICA, HAYTI,
COLOMBIA and ASP1N WALL, and to PANAMA and
SOUTH PACIFIC PORTS (via Aspinwall.)

Commercial Cards.

(

New

Wed., Oct. 31.1 P. M.
Wed., Nov. 7, 7 A. M.
Wed., Nov. 14, 12 M.

To Havre— First

Managers.

all

41 CEDAR, COB. WILLIAM.

as follows:

modation; second cabin, $"5; third cabin, $35,

Fire Assets held in the U. 8. ..$1,767,276 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 fire Insurance Department, named
above, are not liable.
HAS. E. WHITE, SAM. P. BLADGEN,

And

S. Kennedy & Co.,
BANKERS AND MERCHANTS,

utensils.

$780,518 04
SS6.75S 49

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.,

cabin, $35

$9,545,054 64

notyetcOledin

NETS?

&.c.

J.

Mail Steamships,

Incobforated in 1809.

UNITED STATES BRANCH:
54 William St., Cor. Pine, New York.
Established December,
Called in and paid up Capital....
Reserve for all other liabilities, in-

Railroad Material

OML1

and Mer-

British

XXV

[Vol.

TRUSTEES:
STEWART,

President.

A.

J^Tc/sco,^'
.ROW,

j

WILLIAM DA
JAMES CLAlili,

V.co-Preslden*.

Becrotary.
Ass't Secretary.

Octobkb27,

1877.

fHE CHRONICLE

J

Fulibcations.

Publications.

"OHOICB.1T LITBH1TVBB
>AY."-.V.

Y.

of

Cotton.

THE

tn«

Robb &

Tnbunt.

The most eminent
living authors, auch
Prof. Max Mullcr, Prol.
I

Ifj

mV&

i

Gladstone, I»r.\V. B.
arpenter, Prof. llui-

B.
»

New
.

R.A.Proctor,Fran-

cea

Froude, Mrs. Muloch, mercantile Fallurea.
nra. Ollpbanl, Mrs. Alexander, miea Banking; and Financial—
Thackerar, Jean Ingclow, George
United states — National Bank Figures] and
Mac Donald, William Black, Anthony
Currency Movements.
Krollope, Matthew Arnold, Henry
New York City— Bank Returns, Ac.
Ktugalry, Fraud* Galton, \v. \V.
London— Honey Market and Bank Returns.
Story, Auerbach, Ruakln, Carlyle, Commercial-

Tennyson, Browning,

and many others,

are represented Id too pages of

Littell's Living Age.
Jan. I, 1877, Tni LIVING AG B enters upon Its lSiid
volu-re, wltn the continued coininenda'ioa of the
beat men and Journals of the country, and with constantly Increasing success.
In 1377 It will furnish to its readers the productions
of the foiemoKt authors above-named and many
others; tiiil'iaclug the choicest Bertal aiul Short
Storli s by the

LEADING FOREIGN NOVELISTS,

la the world of the most valuable literary and scientific
matter of the day, from the pens of the l EAliING

representing every department
01 Knowledge aud Progress.
Tub Living age (In which Its oi ly competitor,

"Ktibt S*ruhDAY."

h' s been merged) Is a weekly
magazine of sixty-four pages, giving more than

Messrs.

Influences on the

FINLAY,

Woodward &
SEAi'SN'S

1ST;.

ios,

BANK BUILDING.

A 7« Wall

7-1

New
(General

City.

Interest Table,

Money

Showing Accumu-

a Series of Years.
Table Showing the Rate Per Cent realized on
Securities Purchased at different prices.
Stock Speculation in New York.
Table Showing the luterest Cost of Carrying

purchase or sale of contracts for tuturd delivery

it

cotton.

States.

Prices of U. S. Bonds, 1860 to 1877.

and

State Debts and

made on consign

advances

HACil'UV.

A. J. JliCACLAT.

WILLIAM STREET, NEW YORK.

28

Securities—

Immunity from Prosecution.

Prices of State Securities. 1860-1877.

Future Contracts for Cotton bought and sold
In New York und Liverpool.

Commission

"W. C. Watts &

Railroads and their SecuritiesRailroads of the United States.
Railroad Preferred Stocks.
Railroad Earnings,
Prices of Railroad Bonds, 1878-1877.
Prices of Railroad Stocks, 1872-1877.

21

on

Co.,

Brown's Buildings,

LIYERFOOL,
tollclt

Cotton—

consignments of

COTTON

and order*

rtca

purchase or sale ol future shipments or dellrertc*.

U. S. Cotton Crop and Movement, 1875-76.

European Movement

Liberal

cents.

Macaulay & Co.,
COMMISSION MERCHANTS,

United States Debt and Securities—

lliroji.

:ne

J. L.

Stocks.

Commission merchants.

Special attention paid to the execatlon of orders for

in

Debt of the United

New York.

AND

Investments of Financial Corporations in

State Debt*

Street,

Cotton Factors

Principles Relating to Investments.

lations of

CO.,

Stillman,

Market

New York. 1871-1817.
Investment* and Speculation—
Prices in

Compound

&

.'III It

m New York and Liverpool.

old on commission

from 1862 to

CO.,

ac

AND GLASGOW.

CALCUTTA AND BOMBAY.
FUTURE CONTRACTS FOB COTTON bought aad

New

Prices of Gold in New York,
Foreign Exchange—

New York.

,

Also execnte orders for Merchandise throngb-

Prices of Silver in London.

spas*."—" The Advance," Chicago.
"A pure and perpetual reservoir and fountain of
entertainment and instruction."— Hon. Kooert c Wiu-

"Palely uit'out a rival."— " Cougregatlonallst.
Boston
' The best periodical in America."— Rev. Dr. Cuyler
• IndUp- uHfiblf to eiery >ne who desires a thorough
compendium of all that is admirable and noteworthy
in the literary world. — '• Boston
ost."
•• Ought to tlnd
a place in every American Home."—
Hew York Timet,.'

of Merchandise, Ex-

Production, Exports and Imports of Gold and
Silver in the United States.

York

St

JAMES FINLAY

Messrs.

and Domestic Receipts.

Gold and Silver—

ABLEST LIVING WRITERS
In all branches of Literature, Science, Art. snd Politics.
" It reproduces the bent thought* of the best minds of
the civilized worUt, upon all topics of living interest."—
PhlUSclpl.la " 1' qulrer."
" H Uh it alone a reader may fairly keep up with all
tkal
important in the literature, history, politics
and science of the day."— " Tie Metlio<ll»l, -l N. Y.
"The best of all our eclectic publications."—" The
Nation," Ni'w York.
"And Us cheapest. A monthly that comet every

176 Pearl

tc

Advances made on Consignments to

York, and Prices of Cal'
LoanB and Commercial Paper since 1870.

Influences in

double-column octavo pages of reading matter yearly
It presents in an inexpensive form, considering Its
amount of matter, with freshness, owing to Us
weekly Issue, and with a satisfactor-y completeness
attempted by no other publication, the best Essay?,
Reviews, Criticisms, Ta ef. sketches of Travel and
Discovery. Poetry, Scientific, Biographical, Historical
and Political luioiniation, from the enure body of
Foreign Periodical Llterfture.
It Is, therefore, luvaiuabJe to every American reader,
as the only fresh and thorough compilation of an
be-

174

The Money Market-

THREE AMD A QTJAHTEK THOUSAND

indispensable current literature,— indispensable
cause it embraces the productions of the

commission merchants*

LIVERPOOL, LONDON

ports. Imports,

Co.,

GENERAL

— Foreign

New York City— Prices

KS8AV1STS. SCIENTISTS, CltlTlCf, DI8COVEK-

KK8 AM) EDITORS,

States

&

Henry Hentz

Canals.

ana an amount

Unapproached by any other Periodical

lOTTINODER * CO, PARIS.

Commerce, Trade
Balance, U. S. Exports and Imports Leading
Articles, Tonnage of Trnnk Railroads and

United

York.

Advances made on Consignments, Spec'ali .tntlOB
p *ia to purchases or sales of " Cotton Futures n Btts
or Exchange on the CITY BANK, LONDON, sol

CONTENTS.
Power Cobbe, Tbe
Duke oi' Argyll, Jaa. A. Retrospect or 1876.
,

WALL STREET

No. 58

(ANNUAL),

Hon. W.

III.

ikIuII.

>

Review,

Financial

Peet,

BANKERS AND COMMISSION MERCHANTS*

Advances mado on consignments, and

(Ellison's Circular.)

i

orded by our friends, Messrs. D.

all

Infarmatloa

WATTS a

Co., 5t

•

Fvausnsn WuMxTat $8 00 a year, fret or postageor fortius) Tb» I.ivino A<ik aad either one of the
American

monthlies (or harper's Weekly or Batar)
will be sent for a year, oolA postpaid ; or, for ID 50
Ta« Living aos aud Bcrlbuer's 8t. Nicholas
or
Appltton's Journal.
li

Address

LITTF.LL A GAY, Boston.

ESTABLISHED

To

CLOTH:

St 3ne street,

$1 00

ToaJlothers

l

WILLIAM

Review

Ac

S.

>N 84 Baronne Street,
,

DANA A

CO.,

81 William Street, N. V.

No.

1

No.

is

monthly, con

tains designs and weaving directions for all woolen
fabrics, ginghams and prints from the
newest
foreign sample?, and of original conception.
AUo
aampies of ai d recipes fof itandard new and novel
effects in dyes and colors. It is indispensablo
to
weavers, di signers and dyers.
The itrm- of Subscription are as follows
E «"<»
»1 51) per annum,
briTl.EMRNT
•«
3 50
Boih Publications
"
BOO
•

«

Address

THE INDUSTRIAL RECOHB CO.,
EXCHANGE: PLACE,

1,898.

New

and Commission Merchant

COTTON FACTOR,

the oldest and best publication of
its class In the English language, and
has a most
extended circulation among woolen, cotton and
allk manufacturers and operatives in the Unlti-ri
lul
States and Canada and in Europe.

P.O. Box

& Co.,

34 Pearl Street, Net? York.

Shipping;

TEXTILE ART3 AND DYEINO IN
ALL THElit BRANCHES.

18

as

New Orleans.

A. L. Richards,
Steel Pens.

Record.

also published

GIVEN

COTTON FACTORS* COMMISSION MERCHANTS

A MONTHLY JOURNAL,

The SirpPLKMENT,

York, and Messrs. D. A.

Hopkins, Dwight
B.

DEVOTB.D TO THE TEOHNOLOOT OF
The Rbcokd

New

25

PUBLISHERS,
79

Manufacturers'

IN

Subscribers of the Chromiclb..

1868.

TUB

& Industrial

PRICE

Yor!t.

JOSEPH GILLOTT'S
STEEL PENS.
Sold by all dialers

tkrougkp-.it the

World.

39

BROAD STREET, NEW YORK.

Orders executed at the Cotton Exchange, and ad
vances made on consignments of Cottoa and other
Produce, and upon shipment* to correspondents 1b
Liverpool.

J.

C. Johnson

&

Co.,

COTTON BUYERS FOB MANUFACTUREBSB

MEMPHIS.

Cotton.

D. W. Lamkin

••-«

N\.

~

&

Co.,

Cotton Factors,

VICKSBURG, miSS.
Orders to purchase Cotton In our market eoliotted
Refer to Messrs. H014T0N, SLAUGHTER * CO.
Mew York.

McAlister

&

Wheless,

COTTON

COMMISSION MERCHANT
NASHVILLE, TENNESSEE.
Special attention given to Spinners' orders.
apon'lence solicited.

ItKrxBiitCBB.— Third and Fourth National
and I'roprl jwrs of Tub Cxxobiou

CM
~

THE CHRONICLE.

Ti

&

R. Smith
C O

J. 8,

Go*,

GBINNAN.

T T ON

NEW

44 Broad

BANKERS

&

H.

J.

Farley,

COTTON FACTORS,
MERCHANTS,

COMMISSION

AND

New

3,909.

1

Cotton Factors

1

and Commission Merchants,

f

New

York.

&

Co.,

Special personal attention to the purchase and sale

sold on commission. Account* of

Mercantile firms. Ranks, Rankers, and Corporations,
received; and Advances made to our customers when
desired, on approved securities, including commercial
time paper received for collection, to such extent, and
In such manner, as may be in accordance with the
nature of their accounts.

CORRESPONDENCE SOLICITED, to
is

Co.,

8c

New

New

Orleans, La,

NEW YORK.

ic

LIVERPOOL.

Dennis Perkins

&

Co.,

Knoop, Hanemann & Co

DE JERSEY & CO.
Bennet,

GENERAL

F.Wenman & Co

New York.

Special attention given to titt execution of orderB

tor the purchase or

gale

of Contracts for Future

!>ellve.>_

Sawyer, Wallace

&

Co.,

COTTON FACTORS & COMMISSION MERCHANT

4T Broad

Street,

Walter

&

New York.

Geo. Copeland,
136

real estate

(worth

PEARL STREET, NEW YORK.

H17.5S4
first lien

S3

on
1,932.653 00

$4,641.500)

United States stocks (market value)
Bank Stocks (market value)
State and City Bonds (market value)

2,734,000(0
268,<*7 50
186,456 00

Loans on Stocks, payable on demand
(market value of Securities, S5J0..17 25)
Interest due on 1st of July, 13;7
Balance In hands of Agents

427,331 SS

«,S33

24

92,052 .a
6,538 20

Real estate

Premiums due and uncollected on Policies
9,929 36

16,143,274 77

Total

CHAS.
J.

H.

J.

MARTIN,

WASHBURN,

President.
Secretary.

OF HARTFORD.

INCORPORATED

GENERAL COMMISSION MERCHANTS
143 Pearl Street, New York.

Robf. L. Maitland & Co..
COTTON FACTORS & COMMISSION MERCHANTS,

No. 43 Broad Street,

New

York.

Total Asset?, January
Capital

1,

H.

J.

Baker

&

Bro.,

PEARL STREET, NEW YORK

IMPORTERS' AND MANUFACTURERS OF
Prime Quality Chemical lUGuarc
Chemicals for the Vllle formulas, for all Cn>])>.
Chemicals for ths Stockbridge formulas.
Dissolved Bone— Sulphate Ammonia, Nitrate Potash
Nitrate Soda, Sulphate of Potash, Muriate of Potash
Super-phosphate Lime
40 per cent actual Potash.
Also, strictly pure ground Bone.
Our descriptive circulars mailed free. The materia

$7,115,624 42

&

419,11482—

Claims

5,170,388 21

NET SURPLUS, Jan. 1877.. $1,945,236 18
BRANCH OFFICE:
iVo. 173 Broadway, New York.
1,

ALEXANDER,

Liverpool

London

New York.

IN 1819.

1877
$3,000,000 00
Rc-iueurancefund. ... 1,741,373 43
other
Unpaid losses

JAS. A.

Edward H.SkinkerSc Co.

215
,

ASSETS.

Issued at this office

AND

97 Pearl Street,

BEAVER STREET, NEW YORK.
COTTON BROKER,

$6,143,274 77

SUMMARY OF
Banks
Bonds and Mortgages, being
Cash in

COTTON FACTORS

COTTON BROKERS,
63

TOTAL ASSETS

COMMISSION AND COTTON MERCHANTS,

Krohn

267,780 92
1,041,490 75

NEW ORLEANS, LA.
iETNA
BLOSS & INCHES, Insurance Company

i

Sfc^eet,

Y

1841.

COTTON BUYER AND COMMISSION MERCHANT,

COMMISSION MERCHANTS,
121 Pearl

1,834,003 10

NetSurplus

L. F. Berje,

Manchester and Liverpool,

BROADWAY.

135

Reserve for Re-Insurance
Reserve lor Unpaid Losses and
Dividends

Investment Securities bought and sold. Orders exe
cuted at the Cotton Exchanges in New York and Liver
pool. All Business transacted Strictly on Commis
sion, so that no In; treat of our own can possibly
conflict with that of our patrons.

HOUSES IK

NEW YORK.

OF

OFFICE, No.

BHOWING THE

BANKERS & COTTON COMMISSION MERCHANTS

Established (In Tontine Building)

&

GANGS OF RIGGING MADE TO ORDER.
192 FRONT STREET, NEW YORK.

Condition of the Company on the first
day of July, 1877.
$3,000,000 00
CASH CAPITAL

York.

COTTON BROKERS,
No. 146 Pearl Street, near Wall, N.

Si EXCHANGE PLACE, NEW YORK.

Bliss

CORDAGE,

Forty-Eighth Senii-Annual Statement)

Co.

6c

New

Sons,

Insurance Company

R. M. Waters & Co.,
56 BROAB ST., NEW YORK.

James

COMMISSION MERCHANTS,

Street,

YORK.

HOME

COTTON BROKERS,
117 Pearl

Liverpool.

NEW

FOR EXPORT AM) DOMESTIC USE

ARNOLD.

NASHVILLE, TENNESSEE.

futures executed at N. Y. Cotton Exchange

In

made on con-

H. T.

BROAD STREET,

2432.

Henry Lawrence &

FORWOOD, GENERAL COMMSSION MERCHANTS,

COTTON BUYERS & COMMISSION MERCHANTS
60 Stone Street, New York.
Orders

Box

AND

Foreign Marine Insurance

H. Tiieston

Liberal advances

COTTON BUYERS

for the

&

IN

C hase & Co.

York.

England, China, India and Singapore.
UNDERWRITERS IN NEW ORLEANS

Company of

contracts for future

IRVINE K. CHASE.

Also, execute orders for Merchandise In

Britten

W. ROSENFELS,

he cxecufioa of order*

signments.

Execute orders for Future Contracts In New York
and Liverpool, and make advances on Cotton and
Other produce consigned to

LEECH, HARRISON

York.

MANUFACTURERS OF
MANILA, SISAL, JUTE A TABBED

COTTON EXCHANGE BUILDING,

delivery of cotton.

BOX 4964,

P. O.

3,

New

EXPORT COMMISSION MERCHANT

P. O.

GENERAL COMMISSION MERCHANTS;

Special attention paid to

GENERAL COMMISSION MERCHANTS,
BOX 61

105 Water Street,

29

AND

for the purchase or sale of

P. O.

REPRESENTED BY

W. POIflEROY, JR.,

S.

Cotton Factors

•

which prompt

always given.

Pim Forwood

Corporation

HEAD OFFICE, HONG KONG.

Produce, Provisions and Naval Stores,

Of K CONTRACTS FOii FUTURE DELIVERY " OF
COTTON.
GOLD COIN, STERLING AND OTHER FOREIGN
EXCHANGE, GOVERNMENT AND CORPORATION BONDS, STOCKS AND SECURITIES OF ALL

tteutlon

DongKong & Shanghai Banking

S.

Liverpool.

Advances made on Consignments.

KINDS, bought and

Canton, Auioy, Foochow.
Shaug'hal and Hankow, China,

York.

GALVESTON, 1'hXAB. J
Transact a general banking business. Particular attention given to accounts of Banks and Bankers.
Advances made on consignments of Cotton, Wool
Hides and Grain.
Future contracts bought and sold on commission. In

Ware, Murphy

132 Pearl Street,
O Box

GRINNAN & DUVAL,

New York and

FINANCIAL AGENTS,
P.

;AND SHIP AGENTS,

GENERAL COMMISSION MERCHANTS,
118 PEARL STREET,

Liberal advances made on consignments. Prompt
personal attention paid to the execution of orders for
the purchase or sale of contracts for future delivery.

K. W.

Russell & Co.,
Co., COMMISSION MERCHANTS

&

Hong Kong,

YORK,

Boston.

Street,

ALPHON8E LATJVB

». G. DTJTAL.

Grinnan, Duval

COMMISSION MERCHANTS,
125 PEARL STREET,
AND

Miscellaneous.

Cotton.

Cotton.

B.

Vol XXV.

Agent.

&

& Globe

Lnsttrance Company,

45 William St

j

ISAAC SMITH'S UMBRELLAS.
Down-Town Branches:

104 Broadway, Near Wall St.
77 Fulton St., Near Gold.

tor special fertilizers for particular crops.

Assets

In the U.

S.,

$3,ooo,ooc