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otnnttrtt*
AND
HUNTS
MERCHANTS’
$
MAGAZINE,
§*wgj>ajre¥,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS
OF
THE UNITED
STATES.
[Entered, according to act of Congress, in the year 1880, by Wm, B. Dana & Co., in tbe office of tbe Librarian of Congress, Washington, D. C.l
YOL. 31.
SATURDAY, OCTOBER 30, 1880.
Coin in
Circulation
CONTENTS.
and in
Banks.
THE
Total coin in Uncoined
Bullion in
United
States.
Treasury.
Total coin
and
Bullion.
CHRONICLE.
Supply of Currency
439
Railroad Earnings Third Week
of October
The Situation in Europe
American Petroleum
Coin in
Treasury.
NO. 801.
$
Imports and Exports for Sept.,
and for Twelve Months End¬
440
ing Sept. 30, 1880
442
Gold.... 302,676,709
Silver... 77,344,735
Latest Monetary and Commer¬
cial English News
. 442
Commercial and Miscellaneous
News
444
440
441
$
$
$
$
67,204,294 369,881,003 68,040,540 437,921,543
72,454,600 149,799,335 5,557,759 155,357,094
Total. 380,021,444 139.658,894 519,680.338 73,598.299 593,278,637
There is
no reason
of this statement.
to
question the substantial
Those who criticise it do
accuracy
simply on
the ground that a considerable part of this' stock of gold
I New York Local Securities
450
is not visible.
That argument has lost whatever force it
| Investments, and State, City
Banks,etc
446 i
and Corporation Finances... 451
had, in the disappearance during the past two years of the
THE COMMERCIAL TIMES.
Commercial Epitome
larger portion of the country’s new supply. For with
456 Dry Goods
462
Cotton
456 Imports, Receipts and Exports 463
Breadstuff^
equal force it can be asked, where have the two years’ net
461
imports and production gone. We have, however, all
along felt that with a population closely approaching 50
millions, and with very large districts having no banks,
The Commercial and Financial Chronicle is issued every Satur¬
it is easy to find probable holders for say 185 millions or
day morning, with the latest news up to midnight of Fihday.
more of gold coin, that
being about the total which this
[Entered at the Post Office at New York, N. Y., as second-class
statement shows is in the country, but invisible.
mail matter.]
Accepting, then, these figures for the existing gold and
silver
circulation, we have all the data for indicating the
TERMS OF SUBSCRIPTiON-PAYABLE IN ADVANCE:
For One Year (including postage)
$10 20.
present total currency of the country, though the amount
For Bix Months
do
6 10..
in active use is not so easily determined.
To show the
Annual subscription in London (including postage)
£2 7s.
situation more clearly, we make a comparison for the years
Sixmos.
do
do
do
1 8s.
Subscriptions will be continued until ordered stopped by a written
1830, 1860, 1870, 1880, in respect to population, foreign
order, or at the publica tion office. The Publishers cannot be responsible
for Remittances unless made by Drafts or Post-Office Money Orders.
trade, currency, *&c. First we give the details of the
Advertisements.
actual currency in the country at about the present date of
Transient advertisements are published at 25 cents per line for each
insertion, but when definite orders are given for five, or more, insertions, the years named.
THE
BANKERS’
Money Market, U. S. Securi¬
ties, Railway Stocks, Foreign
Exchange, New York City
I
GAZETTE.
so
Quotations of Stocks and Bonds 449
....
3?lxe O^Itrcruidc.
liberal discount is made. Special Notices in
Banking
column 60 cents per line, each insertion.
London and Liverpool Offices.
a
and Financial
The office of the Chronicle in London is at No. 74 Old Broad
Street,
and in Liverpool, at No. 5 Brown’s Buildings, where
subscriptions and
advertisements will be taken at the regular rates, and
the paper supplied at Is. each.
WILLIAM B.
DANA,
JOHN G. FLOYD, JR.
L
\
j
single copies of
WILLIAM B. DANA & CO., Publishers,
-
79 & 81 William Street, NEW YORK.
Post Office Box 4592.
1830.
18G0.
$
$
Legal tenders
Fractional cur’ncy
Bank notes
Gold in banks
Gold in circula’n 1
Silver in circula’n j
Gold in Treasury..
Silver in Treasury..
1870.
$
1880..
$
356,000,000
346,742,000
39,763,000
80,000,000 207,000,000 299,904,000
20,000,000 103,000,000 '48,345,000
7,182,000
343,905,000
75,000,000 125,000,000
ct
if
\ 302,676,000
77,344,000
135,000,000
78,012,000
t
175,000,000 435,000,000 744,012,000 1,290,861,000
A neat file cover is furnished at 50
cents; postage on the same is
18 cents. Volumes bound for subscribers at $1 20. A complete set of
the Commercial and Financial
Hunt’s Merchants’
office.
Chronicle—July, 1865, to date—or
Magazine, 1839
to
1871,
can
he obtained at the
SUPPLY OF CURRENCY,
We have often referred to the vast volume of
currency
which is at present in use in the United States.
The
recent estimate of the gold and silver in the
*
This is from bank statement of January 22, ,1870, and as this item
then counted as part of tbe reserve, we include it as circulation afc
that time.
t As gold and silver were not in circulation in 1870, of course these
items are omitted.
was
We have omitted in
silver certificates and
making
some
up the foregoing, gold and
other minor items.
Deducting
from the above column for 1880 the silver
now
in the Sub-
Treasury, we still have left a total of $1,212,000,000. For
country
October 1, prepared by Mr. Burchard, Director of the the years indicated, the currency, population and foreign
trade compare as follows.
Mint, brings up this question anew.
We gave his
figures in detail two weeks since, but the result of his
1830.
1860.
1870.
1880.
compilation is, that there is now $3G9,881,003 gold coin
Population....
12,866,000
50,000,000
31,443,000
38,558,000
in the country, and
144
29*3
22*2
$149,799,335 silver coin, in addition Increase, p.c.
Foreign trade. $144,727,000 $762,300,000 $913,300,000 $1,614,000,000
to $68,040,540 gold bullion and
76%
426*2
19%
$5,557,759 silver bullion Increase, p.c.
Currency
$i75,b<ft>,bb6
$1,212,000,000
$435,000,000
$744,000,000
in the Treasury uncoined.
71
62%
A recapitulation would make Increase, p.c.
148i2
Currency, per
total gold and silver, Oct. 1, 1880,13%
$19%
as follows.
capita
$13%
$24%
•
‘
THE
440
CHRONICLE.
EARNINGS THIRD WEEK OF OCTOBER.
Comptroller Knox has this week published the
Mr.
National Bank returns for the first of October.
These
figures, taken in connection with the same returns for the
previous year, as given in his annual report, furnish us
some of
the more important items for estimating the
portion of this currency in sight and the changes in this
particular which have taken place We give below simply
the items showing the holdings of the various kinds of
currency at the dates mentioned, as found in these
returns.
Jan.
Oct. 2,
1, 1879.
Oct. 1, 1880.
1879.
$19,535,588
$16,707,550
$18,210,942
475,538
396,065
367,172
Specie-
]
—
Legal tender notes.
U.8. certificates of deposit.
1880.
$
Burl. Cedar
Rapids & Northern.
Chicago & Alton
Chicago A Eastern Illinois
Chicago A Grand Trunk *
Chicago Milwaukee A St. Paul..
Chicago St. Paul Minn.A Omaha
42,528
205,0-34
35.988
36,802
341,000
41,902
Cincinnati A Springfield
Clev. Col. Cin. A Indianapolis
Cleveland Mt. Vernon A Del
Denver A Rio Grande
Flint A Pere Marquette
Grand Trunk of Canada *
Great Western of Canada i
•..
Hannibal A St. Joseph
International A Gt. Northern...
Louisville A Nashville
19,261
102,221
7,990
..
111,795
37,362
r
Ul,499,757
J 70,561,233
28,915,000
42,173,731
69,196,696
26,770,000
j|
^
$
34,860
165,074
23,247
14,455
292,135
36,779
18,462
90,018
9,468
31,762
799
.
12,203
1,478
80,033
10,094
123.362
113,789
53,691
52,080
135,009
24,559
9,573
120
14,887
87,491
14,545
16,924
93,419
24,715
182,576
46,845
62,694
6,418
283,000
121,000
Total
2,555,693 2,034,926
Net increase (25*59 percent)...
549,360
520,767
29,580
155,700
72,471
69,346
6,697
404,000
*
Week ended Oct. 23.
$
$
7,668
40,010
12,741
22,347
48,865
5,123
27,268
93,300
..
47,512,589
7,175,560
48,167,000
5,326,240
1,165,120
56,640,458
7,655,000
Increase. Decrease.
220,230
66,967
222,500
31,469
Missouri Kansas A Texas
St. Louis Alton A T.H.(main line)
St. Louis Iron Mt. A Southern
St. Louis A San Francisco
St. Paul Minn. A Manitoba
Scioto Valley
Wabash St. Louis A Pacific
1879.
244,789
53.579
Memphis A Charleston
Bills of other national banks
Fractional currency
Gold coin
Gold Treasury certificates
Gold C. H. certificates
Silver coin
Silver Treasury certificate
[Vol*. X XXI.
119
4,865
26,876
...
25,626
6,652
279
28,593
t Week ended Oct. 22.
It appears
from the foregoing, that the actual gold the
As concerns mileage, we repeat our previous statement,
national banks now hold is about 96 millions. The gold in
corrected to date.
The Wabash St. Louis & Pacific now
the State banks, last year, as given by the Comptroller,
includes the Toledo Peoria & Warsaw earnings in -both,
was
$1,971,362.
The total the same institutions at
years’ returns.
present hold may possibly reach, say, eighteen millions,
MILEAGE THIRD WEEK OF OCTOBER, 18S0 AND 1879.
making the total gold in banks, Oct. 1, 1880, about 114
1880.
1879.
Increase.
millions, against, say, 44 millions a year ago and 45 mil¬
492
435
57
lions on the 1st of January, 1879.
Cedar Rapids A Northern
Accepting these as Burlington
840
840
Chicago A Alton
220
152
68
facts, we may state the currency in sight, at the dates Chicago A Eastern Illinois
335
281
Chicago A Grand Trunk
B'54
791
3,047
2,256
Chicago Milwaukee A St. Paul
mentioned, about as follows.
292
261
Oct.
1,1880. Oct. 1, 1879. Jan. X, 1379.
Chicago St. Paul Minneapolis A Omaha..
Cincinnati A Springfield
Total gold
254,200,000 213,600,000 180,400,000
.Legal tenders in National Banks. 56,600,000 69,200,000 70,600,000
Cleveland Columbus Cincinnati A Ind
Cleveland Mt. Vernon A Delaware
Denver A Rio Grande
Flint A Pere Marquette
Grand Trunk of Canada
Great Western of Canada
Hannibal A St. Joseph
International A Great Northern
Louisville A Nashville
Bank notes, Ac., in banks
18,600,000
16,500,000
20,000,000
Legal tenders in other banks
29,000,000
Memphis A Charleston
37,000,000
37,000,000
Legal tenders and bank notes in
Treasury
30,400,000
52,300,000
78,000,000
Missouri Kansas A Texas
St. Louis Alton A Terre Haute (main line)
St. Louis Iron Mountain A Southern
St. Louis A San Francisco
Gold in banks
Silver in banks
Gold in Treasury*
Total legal tenders, Ac
$
$
$
114,000,000
45,000,000
5,000,000
135,200,000 169,600,000 135,400,000
144,000,000
134,600,000 175,000,000 205,600,000
St. Paul
Scioto
Total gold and legal tenders
*
in
388,800,000 388,600,000 386,000,000
We do not include the silver in the Treasury, as we have deducted it
Minneapolis A Manitoba
Valley
Wabash St. Louis A Pacific
Total
s.
31
80
391
156
551
311
80
391
156
337
293
1,273
1,271
823
292
214
18
2
529
823
292
529
1,840
1,107
330
330
786
lu5
786
195
686
593
656
100
686
473
656
100
2,054
1,794
260
16,872
14,524
2,348
733
120
.
previous statement.
Against an increase of 25£ per cent in earnings, allow¬
which we have
ance has thus got to be made for an increase of 16J per
•often commented, that notwithstanding the large increase,
cent in mileage.
This leaves a margin of 9 per cent due
during the past two years, of gold, by import and
production, and of silver which has been put into cir- directly to a larger volume of business. This will without
doubt be considered satisfactory, when it is remembered
culation, our currency actually in sight remains about the
that even to do no better than last year is to be doing well.
.same.
All roads do not by any means show like results.
Some
that
have
RAILROAD EARNINGS THIRD WEEK OF
largely increased their mileage, fail to
make a corresponding increase in earnings.
The Chicago
OCTOBER.
Milwaukee & St. Paul is a conspicuous example of this class.
Railroad earnings for the third week -of October make a
Others, with the same mileage as last year, report hand¬
very favorable showing, though the percentage of increase
some gains.
But, as said two weeks ago, statements of
is not as large as it was last week.
Twenty-four roads
reporting show an increase in the aggregate of 25£ per cent, mileage and earnings, when unaccompanied by an exhibit
of expenses and annual charges, do not make a complete
Against 30 per cent for the second quarter of October and
record for the
investor.
And we hope the day
26 per cent for the first quarter.
will soon come when more companies will recognize
Taking the roads individually, and comparing" their
the wisdom of publishing, from time to time, these imfigures with those for the previous week, we find that
pretty nearly all have a smaller percentage of increase portant details.
This statement discloses the
fact,
upon
.
and
few
again report a decrease. As far as we know,
THE SITUA TION IN EUR OPE.
especial cause to which this can be attributed,
other than the fact that last October’s traffic receipts were
At the present moment Europe is in a peculi¬
exceptionally heavy—so heavy, indeed, that very many arly unsettled condition. Some two - years ago, it
have confidently predicted that this year’s receipts would seemed as
if we were on the verge of a long
fail to equal them.
Notwithstanding, earnings have con¬ era of peace, prosperity" and contentment. A great
tinued to increase.
It will be seen, therefore, that the war on European soil had been b rough' to a close;
gain for the third week is less favorable only when com¬ another threatened war on a much more gigantic scale
pared with the percentages of the preceding week, and had been averted; and a congress of the great Powers
not when compared with the very large figures of last of
Europe had so arranged affairs that it seemed as if
year. Following is the table.
nothing was likely, at an early day, to disturb the
a
there is
no
October
THE
30, 1880.J
good understanding of the different governments, or the
internal tranquillity of the different States and nations.
The prospect opened up by the Berlin Congress has
not been realized.
At the end of two years, the pro¬
visions of the Berlin treaty have not all been carried
out; and we have been permitted to witness the strange
and unexampled spectacle of moribund Turkey defying
the joint naval strength of the Powers and checkmating
their counsels, There is a reasonable presumption now
that Montenegro will be satisfied with the cession of
Dulcigno; but there is no evidence that the .Sultan is
disposed to yield to the advice of the Powers in the
matter of Greece, while there is every evidence that
Greece is resolute in pressing her demand, and that the
Powers are unwilling to take any further steps in the
way of coercing the Sultan into compliance with their
wishes. Considering the state of feeling which prevails
among the Slavic tribes of the Peninsula as well as
among the Greeks, we do not consider that it would be
matter for wonder or surprise if the breaking up of the
so-called European concert and the abandonment of
the naval demonstration were followed by a general
rising of the non-Mohammedan population, from the
Adriatic to the Sea
oi
411
CHRONICLE.
Marmora.
Parnell and his
associates, no matter what their intention
have been, have so far proved themselves the
may
enemies rather than
the friends of their
people
will ex
perience any difficulty in preserving order and in enforc¬
ing authority; but we regret that, through unwise coun¬
sels, there should be the necessity of severe repressive
measures, and all the more so that the innocent are as
liable to suffer as the guilty.
On tbe Continent, if we keep away from the East*'
there is nothing so immediately alarming as that which
own
We have little fear that the British government
we
see
in Ireland.
But what with the government
against the unauthorized religious orders in
France, the growing republican sentiment in Spain, the
perplexing questions which still divide the opinions of
Italian statesmen, the rival and conflicting forces which
still mar the unity of the German empire, the nationality
questions, apparently destined to grow in number, which
vex and harass the House of Hapsburg and the states¬
men of Vienna, and, above all, the social, political and
movement
imperial-household questions which distract the attention
of the Czar and his subjects,we are prevented from regard¬
ing the general European prospect as one altogether free
from cloud and shadow. Europe has evidently much to
It is not, however, in European Turkey alone that the do and to undo before she reaches that desired condir
prospect is not cheering. From London to Vienna, tion of contentment and repose, so long hoped for, so
from St. Petersburg to Rome and Madrid, an evil spirit long deferred.
r
seems
brooding over the nations ; and internal dis¬
taxing the skill of the ablest and most expe¬
to be
content is
rienced statesmen of the time.
The British Government
again brought face to face with an Irish rebellion.
We are hardly permitted any longer to doubt that there
will be an open collision ; nor can we doubt the result.
In considering this English-Irish difficulty we are influ¬
enced by no partisan views, There must be some reason,
doubtless, for this deep-rooted and irreconcilable hatred
which a certain large section of the Irish people cherish
towards English rule. As we have already, on more
than one occasion, shown in these columns, this reason,
whatever its value, is based on the things of the past,
rather than on the things of the present; and this ap¬
parently ineradicable feeling of these Irish Irreconcilables
is a fomething wh'ch finds all its nourishment and sus¬
tenance in memory acd tradition far more than in any
present injustice or any immediate wrong.
It is undeniable that the men now in power in Great
Britain, the men whose management of affairs these Irish
malcontents are seriously embarrassing, have repeatedly
proved themselves, both by purpose and by action, by
promises made and by promises fulfilled, the friends of
Ireland and her people.
It is notorious that in the last
session of Parliament, they staked both reputation and
power, in their efforts to bring about a better state of
relationship between the Irish landlord and the Irish
farmer. It is equally notorious that Mr. Gladstone and
his friends in the Ministry have, by their patient endur¬
ance of the
undisguisedly revolutionary conduct of
Parnell and his associates, sacrificed much of their in¬
fluence with the British people generally, and probably
imperilled their position as ministers of the crown.«
'1 he government,‘however, can no longer afford to wink
is
condition of affairs in Ireland. Mr. Glad¬
stone, unwilling as he is to take action, has no
longer any choice. The law is being trampled
upon; it must
be upheld; and if in upholding
at the
the
present
blow should be heavy
will not be to blame. If Ireland
law
ment
the
the govern¬
has still a
grievance the remedy is to be found, not by
lion, but by peaceful and persistent agitation.
solid
rebel¬
Mr.
AMERICAN PETROLEUM.
importance of the discovery and production of
American petroleum is only in part reflected in the statis¬
tics showing the extent of the relation which it bears to
the aggregate of the foreign commerce of the United,
States. Great as are the value of the exports of this staple
and the amounts employed in transporting, refining*
and otherwise preparing it for consumption, they bear no
relation to the saving which is effected to large masses of
the community in America as well as in Europe and Asia*
in the matter of the cost of light.
It has relieved us
The
companies and made us
independent of the whale fisheries. In the reduction of
the cost of light, it amounts to more than all its direct
and indirect salable values/ Anything, therefore, affect¬
ing this great staple has a special interest.
from
a
sole reliance upon gas
The movement for the summer and fall presents gome
peculiar features.
A sharp advance in prices has been
established and is maintained.
Refined in barrels is now
quoted at 12 cents, whereas a year ago 7-£@8 cents were*
possible figures.* Many assert that there is
nothing in the state of affairs here or in Europe to
warrant so marked an advance, and declare it to be due
solely to the cohesive and well-organized power of the
large refining companies.
It is true that the daily production of the Pennsyl¬
vania oil regions now averages 70,000 barrels per day as
against 60,000 barrels during the months of December
1879, and January, 18S0. It is also a noticeable fact
that the exports from January 1, 18S0, up to October
22, 1880, were 263,294,432 gallons of crude equivalent,
whereas during the same period in 1879 they were
the best
Exporters, however, assert that
Europe turned thd new- year with large sur¬
plus stocks ; but these, in a measure, have
been
reduced by greater demands for consump¬
tion
from the
interior.
It is a statistical fact
that the deliveries from the seven principal ports of
Europe—Hamburg, ^Bremen, Rotterdam, Amsterdam,
284,153,962 gallons.
Antwerp, Stettin, and Dantzic—for the
October 7 were 111,682 barrels, against
week ending
46,983 barrels
THE
442
CHRONICLE,
during the
same period in 1879.
of stocks in Europe (October 7)
The latest compilation
showed a supply of
1,601,361 barrels, against 1,367,197 barrels at the same
time in 1879.
.
[VOL. XXXL
Customs Districts.
Baltimore, Md
Boston,
Mass
Brazos, &c., Texas
56.906
higher prices, in the face of the statistics of pro¬ Charleston, S. C
III
duction, cannot be adequately accounted for by the Chicago,
Corpus Christi, Texas
Ohio
combination of refiners. They must be supported, if Cuyahoga,
Detroit. Mich
Texas
supported at all, by the improved state of industry and the Galveston,
Huron, Mich
better earnings of the laboring classes, not only in the Key West. Fla
Miami, Ohio
United States but throughout Europe. All people who Minnesota. Minn
Mobile, Alabama
Haven, Conn
are interested in cheap light are better
employed, better New
New London, Conn
Orleans, La
paid, and better able to supply themselves with the New
New York, N. Y
comforts of life; and, therefore, an increase in produc¬ Niagara, N. Y
Norfolk, &c., Va
tion will have little effect in depressing prices, so long as Oregou', Oregoa
Oswegatcliie^ N. Y
the improved position of labor is maintained.
Oswego, N. Y
86,174
TWELVE MONTHS ENDING
SEPT., AND FOR
SEPT., 30, 1880.
[Prepared by the Bureau of Statistics.]
Below is
given the third monthly statement for the fiscal
year 1880-81 of the imports and exports of the United States.
The excess of exports • of* merchandise, stated in specie
values,
was as
follows
_
:
Month ended Sept. 30, 1880
Month ended Sept. 30, 1879
Niue months ended Sept. 30, 1880
Nine months ended Sept. 30, 1879
•Twelve months ended Sept. 30, 1880
$17,968,385
21,219,177
73,760,430
1 61,498,336
163,819,123
.257,450,367
Twelve months ended Sept. 30, 1879
The
as
excess
of
imports of gold and silver coin and bullion
was
"27,130,587
29,529,705
25,481,732
71,423,933
27,164,821
Twelve months ended Sept. 30, 1880
Twelve months ended Sept. 30,1379
The total values of
imports and of domestic and foreign
exports for the month of Sept., 1880, and for the nine and
twelve months ended Sept. 30, 1880, are presented in the fol¬
lowing tables, all in specie values :
[Correoted to October 26, 1880.J
September.
1880.—Exports—Domestic
Foreign
$70,173,467 $612,542,769 $857,687,613
1,021.353
9,512,085
12,285,303
$71,194,820 $622,054,854 $869,972,921
53,226,435 548,294.424 706,153,798
Total
Imports
Excess of exports over imports
Exoess of imports over exports
$17,968,385
1879.—Exports—Domestic
Foreign
$84,729,450 $509,511,911 $709,339,890
Total
$65,414,055 $517,241,758 $720,394,554
714,605
Imports
44,224,378
Excess of exports over imports $21,219,177
Excess of imports over exports!
COLD
AND
7,729,817
355,743,422
$163,819,123
11,054,661
462,944,187
$161,498,336 $257,450,367
SILVER—COIN AND BULLION.
1880.—Exports—Domestic
$256,807
Foreign
309,037
Total
$73,760,430
$565,844
*„
Imports
$4,085,974
.
5,886,544
$9,972,518
$7,158,799
7,596,854
$14,755,653
19,660,933
39,502.223
Exoess of imports over exports $19,095,039
Excess of exports over imports
$29,529,705
86,179,586
$71,423,933
$15,597,473
$18,896,842
i
1879.—Exports—Domestic
$896,603
Foreign
331,397
$1,231,000
28,361,587
Total
Imports
Exoess of exports over imports $
Excess of imports over exports 27,130.587
5,436,390
$21,033,863
46,515,595
$
25,481,732
-
7,042,887
$25,939,729
53,104,550
$
27.164,821
TOTAL MERCHANDISE AND SPECIE.
1880.—Exports—Domestic
$70,430,274 $616,628,743 $864,846,412
Foreign
1,330,390
Total
15,398,629
19,382,162
$71,760,661 $632,027,372 $884,728,574
Imports
72.887,368
587,790,647
792,333.384
Excess of exports over imports $
Exoess of imports over exports
1,126,704
$44,230,725
$92,395,19o
*
1879.—Exports—Domestlo
Foreign
Total
....
$65,626,053 $525,109,384 $728,236,732
1,049,002
18 097,551
13,166,237
$66,675,055 $338,275,621 $740,33 !,-».»
8,266
32,576
35,240
3,591,096
55,826
33,651
193,753
2,436,185
9
53,846
3,250
3,454
4,227,691
45,824
5,880
11,693
44,145
2,065,540
500,285
236
72.350
48,069
191,162
257,845
358,854
132,239
1,747
%xiq lislt Wi,zxos
EXCHANGE AT LONDON—Oct.
Time.
Short.
3 11103.
Paris
Paris
16.
|(
EXCHANGE ON LONDON.
Latest
Date.
Rate.
25-32
25*55
,5/25‘42
Rate.
'Oct. 16
Short.
25*35
Oct. 16
Oct. 16
Short.
25*40
12*12
-2-25*02%
25*5712@ 25*62 kj
Antwerp
it
Amsterdam.
I2'4ii 2>12*434
Amsterdam. Short. 12*2
® 12*214
....
Berlin
3
Hamburg
...
Frankfort...
Vienna
St.Petersb’rg
Madrid
Cadiz
Lisbon
m
m
•
m
m
m
e
•
•
•
•
....
Calcutta
23*25
13*40
.
....
....
Hong Kong..
Shanghai....
20*66
20*66
2066
12*00
'<£20*68
'2)20*68
-2)20-68
....
-2)28*35
-2-18*45
....
•
•
•
Is. S^d.
Is. 8%d.
■
—
44
Oct. 16
Oct. 16
Oct. 16
Oct. 16
2)12*05
23382>231s
4634 2>1612
47182i4078
52*2 « 52%
....
....
Bombay
mos.
m
r
Time.
U
Genoa
For
the
9 For
the
12
months end¬
months end¬
ed Sept. 30.
ed Sept. 30.
190,839
RATES OF EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.
Alexandria..
New York...
For the
nurnth of
842.803
•101,690
32,941
ptmictar rji
Copenhagen.
MERCHANDISE.
112,952
9,447
$53,226,435 $70,173,467 $1,021,353
On—
$19,095,089
4,939
689,998
All other districts
follows:
Month ended Sept. 30,1880
Month ended Sept. 30, 1879
Nine months ended Sept. 30,1880
Nine months ended Sept. 30, 1879
107,654
4.803,993
36,735,577
5,729
885,501
351,507
28,633
2,107,283
Total
4,629
62,258
26,933
5,024
1,137
1
4,522
4,008
393,517
36,733,870
215,264
Pensacola, Fla~
Philadelphia, Pa
Portland, &c., Me
Puget’s Sound, W. T
Richmond. Ya
San Francisco, Cal
Savannah, Ga.
Vermont, Vt
Willamette, Oregon
Wilmington, N. U
:
8,359
10,335
131.379
125,274
168,701
45,647
1,499
126,616
39,738
42,424
69,031
293,515
4
133
26,463
254,749
1,598,537
560,445
25,081
60,269
547,863
1,161,622
914,040
115,749
31,874
'
$826
75,171
48,286
69,269
298,127
334,248
Passamaquoddy, Me
IMPORTS AND EXPORTS FOR
$5,907,546
6,278,011
4,688,308
Champlain, N. Y
The
Foreign
Exports.
Exports.
$1,295,115
Buffalo Creek, N. Y
3
Domestic
Imports.
Short.
44
3 mos.
20*42
20*42
20*42
118*50
....
....
Oct. 16
3
Oct. 16
Oct. 16
Short.
4 mos.
mos.
4 4
ii
44
....
27*80
4
Is.
Is.
3s.
5s.
81 Hj
83i«d.
8%d.
9%!.
2%d.
t
1 From
our own
correspondent. ]
London, Saturday, October 16, 1880.
The principal feature in the money market during the pres¬
ent week has been a rise of 1 per cent—or to 3/6 per cent—in the
Bank of France rate, in consequence of the further
exports
which have been made of gold, and chiefly to London. The
Bank of England has received a considerable amount of French
coin during the week, and the Bank of France return shows
that the supply of bullion has been diminished by 80 millions of
francs. The advance in the rate of discount in Paris has not,
however, had at present much effect here. The Bank return is
of a satisfactory character, and is certainly not indicative of
immediately dearer, money. It shows, indeed, changes inci¬
dental chiefly to the payment of the dividends, the
treasury
balance having fallen off to the extent of £1,340,841, while the
Government have repaid the Bank a sum of £200,000, and loans
and discounts show a decrease of £944,565. The increase in the
supply of bullion amounts to £249,734, against a recorded influx
from foreign and colonial sources of £738,000. The difference
is due to withdrawals of coin for provincial and Scotch cir¬
culation.
There is a small decrease in the circulation of notes,
and the total reserve has been augmented by £400,294. The
proportion of reserve to liabilities is now 47*27 per cent, against
44 98 per cent last week.
The question now arises—How long will it be before our
money market will be affected, and when is it probable that an
advance in the Bank rate will be found to be necessary ?
This
difficult
to
answer,
and
even the leading
Excess of exports over imports $
$136,016,604 $230,235,510 authorities are unprepared with a
Excess of iinports over exports
5,&ii.4i6
reply. It is quite evident
that any increase in the value of money is not
likely to arise
The following is a statement
showing, by principal customs from an improved trade demand. The amount of business in
districts, th# values of merchandise imported into and exported
progress is not of an unsatisfactory character ; but the mercan¬
from the Unittd States during the month of
tile demand for money is on a very moderate scale, and it will
September, 1880:
Imports
72,580,465
402,259,017
516,04^,737
is
a
question
very
October 30,
THE
1880.J
CHRONICLE.
probably increase daring the present year. • The seasc n is
becoming too advanced to anticipate any great improve¬
ment, but there are well-founded hopes that, if the Eastern
difficulty should be arranged before the new year commences,
the trade of 1881 will compare very favorably with the current
year. The steady process of improvement which is in progress is
undoubtedly a very satisfactory feature, as it shows that there
is little, if any, desire on the part of merchants to depart from
legitimate and sound trading. We may hope, therefore,, that
the nucleus of a sound and healthy trade has been formed, and
that early in the new year a further expansion of our commerce
will take place. As we can certainly expect very little effect to
be produced on the money market during the current year, we
must look chiefly to the movements in gold and securities for a
change. The London market being now the cheapest in
Europe, it is but natural that bills will be sent here for dis¬
count, and money borrowed on securities on easier terms either
than in Paris or Berlin. The Bank of England directors may
therefore be compelled to raise their rate of discount, though of
such a movement there are no present indications. With so
large an amount of securities affoat as is now the case, gold
movements are uncertain. Paris, which has for a long time
been a buyer of securities may, if the necessity arise, become
a seller, and may quickly turn the exchanges in her favor. The
French exchange will be watched with much attention during
the next few weeks ; but the improvement in the New York
exchanges leads to the belief that further large supplies of gold
will not be immediately required for the United States.
The demand for discount accommodation during the week
has been very moderate; but in consequence of the Stock
Exchange settlement, short loans have been rather more in
request. They have, however, been obtainable at the rate of
1% to 2 per cent per annum. The following are the present
quotations for money :
not
now
413
understood that further
supplies of gold have been taken out
export, but the latest report is that the movement has been
checked. The demand has been not only for the United States,
the amount sold for export, in addition to 30 millions of francs
to the United States and 15,000,000 to England, being 10,000,000
francs to Egypt, and about 10,000,000 to Austria, and it is ex¬
pected that gold will also soon be required by Spain and Italy.
The following are the current rates of discount at the principal foreign centres:
for
Paris
..
Amsterdam....
..
Brussels
Berlin
..
..
Hamburg
..
Frankfort
Vienna.;
St. Petersburg
Several
.
..
Panic
Open
rate.
Pr. ct.
market.
Pr. ct.
34
3
3
5
5
4
Bank
rate.
Pr. ct.
4
4
Genoa
Geneva
34
2 V® 3
Open
market.
Pr. ct.
3*2
5
*
2^8
Madrid, Cadiz &
44
4.10
Barcelona
Lisbon & Oporto.
44
Copenhagen
3*2
New York
Calcutta
6
4
5
54
54
34
34 ® 4
.
5®54
4
companies have been introduced to public notice
during the week, but they are chiefly connected with the gold¬
mining interest in India, and it is doubtful if they will be taken
kindly to by the investing public. Some discoveries of gold
would undoubtedly be of benefit, as that metal is being
more generally used as a standard of value, and is annually
becoming relatively more scarce.
The most important financial operation of the week has been
the success of the 3^ per cent loan of the Corporation of Liv¬
erpool. The amount required was £2,000,000, and the applica¬
tions amounted to £4,200,000. Tenders at par will receive
about 55 per cent, and above that price in full. The highest
new
£105.
The rCrown Agents for the Colonies invite applications for
tender
was
£535,400 in 4 per cent debentures, at a minimum price of £101
10s. per
£100 bond.
•
Railway Company announce an issue of £2,500,000 new 4 per cent capital, in shares of £10 each ; and the
Per cent. Open-market rates—
Percent.
Bank rata
4 months* bank bills
24
24 ®24 Minas & Rio Railway Co. of Brazil, limited, ask for £450,000 in £20
6 months’ bank bills
24® 24
Open-market rates—
30 and 60 days’ bills
4 & 6 months’ trade bills. 24 ®3
shares—interest, at 7 per cent per annum, which is guaranteed
178®2
3 months’ bills
2
w..
by the Brazilian Government—with a view to extend the com¬
The rates of interest allowed by the joint-stock banks and
pany’s system.
discount houses for deposits are subjoined :
The stock markets were dull in the early part of the week,
Per cent.
but on the announcement being made that the Turkish Govern¬
Joint-stock banks
14
Discount houses at call
14
ment had decided on surrendering Dulcigno to the Montene¬
Do
with 7 or 14 days’ notice
13*
grins, a better feeling prevailed, and a moderate recovery in
Annexed is a statement showing the present position of the
prices took place. There being some uncertainty with regard
Bank, the Bank rate of discount, the price of Consols, the aver¬ to the f uture course of the money market, business is conducted
age quotation for English wheat, the price of middling up¬ with considerable caution.
land cotton, of No. 40 mule yarn, fair second quality, and
A considerable amount of business has been transacted in
the Bankers’ Clearing House return, compared with the three wheat
during the week and prices have further advanced Is. to
previous years:
2s. per quarter. Millers are evidently disposed to accumulate
1880.
1879.
1877.
1878.
£
Circulation, exclud£
£
£
ing Bank post bills. 27,282,580 28,839,760 29,336,830 28,304,500
Public deposits
5,315,988
5,077,552
3,156,132
5,147.500
Other deposits
26,794,525 33,676,097 27,321,433 20,629.635
Governm’t securities. 17,165,070 19.370,528 16,937,672 15,713,604
Other securities
17,556.465
Res’ve of notes & coin 15,328,742
Coin and bullion in
both departments.. 27,611,322
17,771,748
19,591,042
23,024,358
18,575.244
8,517,315
9,478,439
33,430,802
23,354,145 22,782,939
Proportion of assets
47'27
24 p.c.
984
to liabilities
Bank rate
Consols
2
p. c.
97 78
5
6 p. c.
94 4
Eng. wheat, av. price
Mid. Upland cotton..
41s. Od.
48s. 8d.
39s. 9d.
6V1.
6i316d.
6*8
No. 40 mule yarn
104
94
94d.
Clearing-House ret’n. 93,374,000 103,031,000 102.827,000
p. c.
96
52s. 2d.
64d.
104d.
115,364,009
Messrs.
Pixley & Abell announced that the American exchange
longer favorable, the demand for gold for export to
the United States has to a great extent subsided, and the Bank
of England has in consequence purchased £1,083,000, the
greater part of which consists of 20-franc pieces. The week’s
imports have been £1,041,830, exclusive of the receipts of coin
from Paris. In silver rather more business is doing, chiefly for
the Continent, but in the market for Mexican dollars there has
been no important movement. The following are the present
prices for bullion:
being
no
GOLD.
'
S.
Bar gold, fine
per oz. standard.
Bar gold, containing 20 dwts. silver, per oz. standard.
Spanish doubloons
South American doubloons
United States gold coin
German gold coin
per oz.
per oz.
peroz.
peroz.
„
silver.
Barsilver, fine
Quicksilver, £6 17s. 6d.
Advices from Paris state that
is
regarded
as
probable.
77
73
73
76
76
•
per oz.
standard.
peroz.
standard.
....per oz.
last price
.
Bar silver,contaiu’g 5 grs.gold;
Cake silver.
;
Mexican dollars
Chilian dollars
:
77
peroz.
d.
S.
d.
9 ®
104®
9 ®'
9 ®
34®
34®
d.
moderate
caution,
as
1879.
1880.
1877.
7,594,454
860,759
7,297,203
838,992
4,394,120
1,905,003
7,007,400
5,935,200
16,509,632
or
213,001
13,343,309
178,892
401,571
290,250
Result
16,296,631
Av’ge price of English
.
wheat for season (qr.)
41s. 5d.
Visible supply of wheat
bush. 14,400,000
in the U. S
13,164,417
15,061,042
13,765,875
42s. lid.
58s. OcL
of
home-grown
produce
'
d.
567iq ®
51 is ®
1878.
9,985,998
1,452,311
Sales
Total
Deduct
exports
wlieat and flour
15,462,613 14,066,395
....
®
Discount, 3 per cent.
a
stock, but they are buying with a certain degree of
they believe that present prices are sufficiently high
to attract supplies large enough for our requirements. Holders^
however, are very firm, and are by no means inclined to press
sales. The Continent is still a large importer of wheat. The
deficiency in the rye crop in Germany is calculated to lead to
an increased demand.
There is also a considerable inquiry for
Indian com, partly on German account.
During the week ended October 9 the sales of home-grown
wheat in the 150 principal markets of England and Wale3
amounted to 50,110 quarters, against 19,361 quarters last year;
and it is estimated that in the whole kingdom they were 200,440
quarters, against 77,450 quarters in 1879 and 240,500 quarters
in 1878. Since harvest the sales in the 150 principal markets
have been 253,507 quarters, against 109,896 quarters last year;
while it is computed that in the whole kingdom they have been
1,014,030 quarters, against 439,600 quarters in 1879 and 1,617,000
quarters in 1878. Without reckoning the supplies furnished
ex-granary at the commencement of the season, it is estimated
that the following quantities of wheat and flour have been
placed upon the British markets since harvest. The visible
supply in the United States is also given:
a
Imports of wheat.cwt. 10,643,319
Imports of flour
1,472,193
525j0 ®
52146®
per oz
-
The Midland
further rise in the Bank rate
Since the date of the last return it is
47s. 8d.
e
20,787,000
441
THE
»<
CHRONICLE
following retnrn shows the extent of our imports and
-exports of grain into and from the United Kingdom during the
first seven weeks of the season, compared with the three pre¬
The
vious years:
IMPORTS.
Barley
Oats
Peas
Beans
Indian
9,985,993
2,007,441
2,234,828
62,641
343,380
3,363,937
1,452,311
....cwt.10,643,319
1,693,078
1,943,046
Wheat
186,614
206,742
6,511,197
1,472,193
corn....
Flour
7,594,454
2,085,527
1,345,182
7,297,203
1,560,859
1,941,470
223.737
201.397
133,173
635,788
5,460.658
3,992.988
838,992
860,759
EXPORTS.
1880.
cwt.
Wheat
Barley
Oats
Peas
Beans
Indian
Flour
The
1379.
153,090
192,535
1,563
18,932
3,459
1,807
13,404
3,273
236,594
15,850
7,012
35,028
20,466
corn....
1878.
1877.
388,224
11,123
235,999
10,221
2,842
18,021
2,538
1,743
22,256
4,521
18.596
629
44,691
25,802
There is
an increase, therefore, of nearly £200,000 in an outlay
wheat, but the principal feature is the large expenditure for
Indian corn, viz., £1,359,730, against £575,580 last year.
The stocks of grain, &c./ in London on the 1st of October,
1880 and 1879, were as follows:
for
1880.
1877.
1878.
1879.
1880.
[Vor. XXXI.
13,347
1879.
Quarters.
Wheat
Quarters.
271,383
Barley
21,290
13,083
371,902
15,632
6,454
373,622
254,544
Malt
Oats
....
193
137
Beans
Peas
Indian corn.
Tares
7,319
7,326
63,471
14,866
11,078
120,675
741
844
Linseed
5,954
11,572
4,665
16,418
85,587
94,590
Rye
Sundry
Flour, bbls..
16,815
Flour, sacks
114,765
Engliali Market Reports—Per Cable.
following return shows the extent of our exports of
The
daily closing quotations in the markets of London and
Liverpool for the past week, as reported by cable, are shown in
the following summary:
London Money and Stock Market.—The bullion in the Bank of
September and during the nine months ended= Sept. 30, com¬ England has increased £339,000 during the week. The specie
in the Bank of France during the same time decreased 7,830,pared with the previous year:
000 francs in gold and 32,000 francs in silver.
EXTORTS.
British and Irish produce and manufactures, and of colonial
and foreign wool, to the United States, during the month of
-In
September.-
cwt.
Alkali...
In Nine Months.—
1880.
1879.
66,379
77,331
493,824
2,514,084
58,219
304,950
16,193
66,933,500
692,798
40,125
30,243
32,036
63,440
42,663
26,061
230,304
243,354
76,643
396,605
264,762
564,043
47,039
173,775
£
285,850
6,875
doz.
39,658
Beer and ale
bbls.
Cotton piece goods, .yds.
1,287
Apparel and slops
Bags and sacks
,
1880.
209,117
5.969
1879.
2,083,480
45,327
246,324
54,648
1,365
16,782
3,472,700 4.525.300 40,419,800
Earthen w.&porcelain. £
Haberdashery and mil¬
linery
£
Hardware and cutlery.£
Iron—Pig
Bar, Ac
Railroad
tons.
tons.
605
1,170
3.290
tons.
8,431
14,531
22,107
798
13,342
1,210
26,549
2.184
13,865
2,983
4,571
3,042
109,909
6,037
59,84b
Steel—Unwrought .tons.
531
1,304
4,260
14,915
189,154
32,974
Lead—Pig
176
565
205
Hoops, sheets and
boilerplates
plates
tons.
tons.
Tin
Cast or wrought..tons.
Old for remaiiuft.tons.
.
tons.
38,163
235,200
931,300
4,660,200
43,500
6,950,800 5.752.300 65,431,500 75,636,100
6,574,600 5,132,400 39,081,700 62,468,400
80
5,176
3,242
Machinery—stm.eng’s.£
103
* Other
267,516
25,612
117,997
descriptions..£
15,669
Paper—Writing or print¬
ing
cwt.
224
152
199
1,310
3,133
42,344
23,054
27,820
26,543
277
17
192,725
262,307
4,328
3,413
2,919
182,695
268,637
2,017
only
£
Spirits — British.. .gals.
Stationery—Other than
1,280
15,155
17,912
17,666
54,423
26,068
59,498
£
7,491
3,645
51,994
11,800
635,688
319,700
2,433,200
49,283
17,896
3,274,400
15.582.900
1,501,800
22.588.900
3,576,600
31,263,300
259,000
308,400
2,208,400
186
cwt.
Other kinds
tons.
Salt
Silk broad stuffs
yds.
Ribbons
£
Other articles of silk
paper
Tin—Unwrought ...cwt.
2,255
6,285
422
Wool—Biitish
lbs.1 1,819,500
Colonial & foreign.lbs. 2,433,000
Woolen cloth
yds.
170,600
Worsted stuffs
yds. 3,860,600
Carpets,
14,224
9.762,500
19,553,306
being
not
yds.
mgs
92,900
The
following return shows the extent of the imports of
into the United Kingdom during the first
month of the season—September—compared with the three
previous seasons, it also shows the countries whence those
supplies were derived:
wheat and flour
•
Consols for money
99318
Consols for account.... 99316
Fr?ch rentes (in Paris)fr.85*87*2
U. S. 5s of 1881
104^
U. S. 4%s of 1891
114
U. S. 4s of 1907
1127s
Erie, common stock
45%
Illinois Central
118
Pennsylvania
Philadelphia& Reading.
1880.
Cwt.
Russia
88,185
United States.... 4,294,749
Brit. N. America
325,338
France
Chili
Turkey, &c
Egypt
1,126,605
2,195,823
874,544
542,618
305,997
246,955
202,724
4,000
348
289,721
67,568
Total
385,459
90,422
5,000
British India....
325,338
Other countries.. *1,012,164
7,036,478
1877.
Cwt.
4,248,305
131
17,323
Germany
1378.
Cwt.
1879.
Cwt.
49,994
3,808
43,313
74,447
250,015
74,126
299,245
6,469,904
4,592,620
1,225,991
1,078,380
321,786
’
383,258
12,549
84,825
96,209
160,315
578,876
94,460
4,036,649
r
FLOUR.
1880.
From—
Cwt.
72,040
Germany
France
United States....
Brit. N. America
Other countries..
1878.
1879.
Cwt.
Cwt.
81,931
16,293
573,088
103,404
202,784
232,329
40,017
123,691
55,725
160,506
17,723
192,321
963,697
987,153
494,261
510,301
12.381
995,«
FYi.
Oct.
29.
5178
99316
99316
517s
5178
993lc
99»i(5
993J6
99ai6
99%*
99%«
86*1212 85*90
104’-2
10412
11312
1135s
11212
11212
45is
45%
117%
1173*
61 %
613s
22
2312
86*07
10412
1133*.
1125s
138%
139
138%
Mon.
Sat.
d.
s.
.100 lb.12
Wheat, No. 1, wh.
“
9
Spring, No. 2...
“
9
Winter,West.,n.
“
9
«.
6
Flour (ex. SJate)
2
2
1
9
Cal. white
“
Corn,mixed,West.
“
5
Pork, West. mess. .$bbl.69
Bacon, long clear, cwt. .44
Beef, pr. mess, $ tierce.62
Lard, prime West. $cwt.45
Cheese, Am. choice “ 66
45 78
H8I2
86*12
86*10
1043s
104%
113%
112%
113%
112%
463s
12112
46
121*2
62%
21%
142
62
23
61
23%
139%
2
3^
0
6
6
0
6
Tuts.
d.
s.
12
9
9
9
9
5
69
45
61
44
66
6
2
2
1
2
310
0
0
9
0
Wed.
d.
s.
d.
s.
6
2
2
1
2
4
0
6
60
44
12
9
9
9
9
312 5
68
0
44
6
0
60
3
44
0
66
0
65
6
12
9
9
9
9
5
6
2
2
1
2
68
44
0
Fri.
Thurs.
s.
d.
12 6
9
2
9 2
9 1
9 2
5 4
68 0
44 6
60 0
44 0
65 6
s.
d.
12
9
9
9
6
2
2
2
9
5
2
5
68
44
60
45
65
0
-
6
0
3
6
Liverpool Cotton Market.—See special report on cotton.
Uterus.
(Jkmxmercial
and Exports for the Week.—The imports of last
compared with those of the preceding week, show
a decrease in dry goods and an increase in general merchandise.
The total imports were $9,339,665, against $8,182,832 the pre¬
ceding week and $8,340,258 two weeks previous. The exports
for the week ended Oct. 26 amounted* to $8,324,715, against
$9,273,799 last week and $8,525^621 two weeks previous. The
following are the imports at Ndw York for the week ending
(for dry goods) Oct. 21 and for the week ending (for general
merchandise) Oct. 22:
Imports
week,
FOREIGN IMPORTS AT NEW YORK FOR
1878.
1879.
1880.
$929,015
$1,155,107
$1,776,894
$1,837,283
Dry Goods
General mdse...
3,914,758
Total week
Prev reported..
266,061,927
Total s’ce Jan.
In
of
our
THE WEEK.
1877.
$4,873,773
4,408,409
6,021,423
7,502,377
$7,798,317
$5,563,516
$9,339,665
232,152,829 260,719,233 396,981,521
l.$270,935.700 $237,716,345 $263,517,600 $406,321,186
report of the dry goods trade will be found the imports
dry goods for one week later.
The following is a statement of the exports (exclusive
specie) from the port of New York to foreign ports for
week ending October 26:
of
the
EXPORTS FROM NEW YORK FOR THE WEEK.
Cwt.
83,526
905I«
27.
T/iurs.
Oct.
28.
Wed.
Oct.
Tues.
Oct.
26.
52
Liverpool Breadstuff* and Provisions Markets.-
1877.
59,271
27,562
720,899
60,728
124,993
20
138%
New York Central
"WHEAT.
From—
d. 52 %*
Sliver, per oz
124,156
Jute yarn
lbs.
Linen piece goods.. .yds.
Jute mauiifaeturcs.yds.
Mon.
Oct.
25.
52
Sat.
Oct.
23.
Prtw.
1879.
1878.
1877.
1880.
$7,910,906
$8,324,715
reported.. 228,499,403 282,942,869 278,794,659 333,496,921
For the week....
$7,803,369
Total s’ce Jan. l.$236,307,777
$5,696,537
$288,639,106 $286,705,565 $341,821,636
EXPORTS AND IMPORTS OF SPECIE AT NEW YORK.
Total
*
Including 990,065 cwt. from Australia.
The estimated value of our imports
of cereal produce into the
The
at the
following table shows the exports and imports of
port of New York for the week ending Oct. 23.
Exports from New York.
United
Kingdom in September, compared with the three previ¬
years is as follows:
ous
Wheat
Barley
Oats
1880.
1879.
£3,574,332
475,421
£3,381,268
364,271
488,722
Peas
47,647
Beans
Indian
54,725
506,851
10,373
90,759
1,359,727
775,883
751,656
£6.652,006
£5,895,210
corn..
Flour
....
Total....
1878.
575,581
.
1877.
£2,361,250
503,285
£2,538.181
246,913
419,748
27,301
145,708
46,165
26,172
848.610
418,676
£4,451,071'
375;06l
754,405
476,490
£4,736,894
Great Britain
France
Gold.
Silver.
$■
$308,727
....
Total
Gold.
1,100
100
$1,100
$316,707
$6,165,321
Germany
West Indies
Mexico
South America..
All other countries..
Imports at New York.
$338,996
2,343,985
3,414,474
53,611
4,195
10,060
6,400
1,480
speci e
Silver.
$
t)
23,470
38,069
10,283
1,400
$73,227
October 30,
THE CHRONICLE.
1880,1
445
exports $1,100 were American gold coin and poration to $4,000,000. The stated object of the company is to
$2,100 silver coin. Of the imports $224,042 were American own, mine and develop land in the State of Virginia. Some of
the lands belonging to the company are on the line of the Ches¬
gold coin and $28,806 silver coin.
The movement from January 1 to date includes the export of apeake & Ohio Railway, which begins at Richmond, and has its
$2,164,123 gold and $4,622,343 silver, and the import of terminus at Huntington, W. Va., on the Ohio River; but the
$42,168,395 gold and $4,140,041 silver. The total exports and larger part lies on the peninsula which divide the waters of the
imports of specie at New York in the present and several pre¬ York and James Rivers. The land will be divided into small
farms and sold or leased to settlers. There is no railroad on
vious years have been as follows;
the peninsula proper, and a part of the company’s scheme is to
Year.
Tear.
Imports.
Exports.
Exports.
Imports.
build a road from Fortress Monroe to a point on the Richmond
& York River Railway. The organization of a line of steam¬
1875
1880
$65,232,517 $11,095,163
$6,786,466 $46,308,436
1879
44,766,895
5,322,555 ships is also contemplated.
13,045,069 55,519,082 1874
Of the above
1878
1877
1876
11.103,094
24,513,615
41.288.166
17,766,292 1873
12,572,691 1872
8,574.907 1871
44,551,850
13,720,787
63.149,464
5,206.549
8,402,517
58,221,222
City.—The proposals for the new 4 per cent loan of
amount of the loan, which is to run thirty years,
being only $2,800,000) amounted to very nearly $31,000,000.
The proposals ranged from par to 105*79, and the highest offers
New York
the city (the
were as
follows:
Amount.
Rate.
National Bank of Commerce.
National Bank of Commerce.
$500,000
500,000
105-79
105-50
Williamsburg Savings Bank..
200.000
105-10
50,000
50,000
10510
105 05
100,000
100,000
1,800,000
104-79
It. L. Stuart
R. L. Stuart
Greenwich Savings Bank....
Greenwich Savings Bank....
National Bank of Commerce
104-59
104-54
Wabash St. Louis & Pacific.—A circular from General
Ticket Agent George H. Daniels gave the*foHowing statement
of the lines worked by this company from Oct. 1:
Eastern Division:
.
Toledo, O., to St. Louis, Mo.
Decatur, Ill., to Quincy, Ill.
Bluffs, Ill., to Hannibal, Mo.
Maysville, Ill., to Pittsfield,
Ill
Clayton, Ill., to Keokuk, Ta.
Edwardsville, Ill., to Edwardsville Crossing, Ill...
Logansport, Ind., to Butler*
Ind
435'7
150-7
49 8
6-2
42 5
10 2
Ill
Ro8eherry,Mo., to Clarinda,
la
930
215-5
21-5
Moberly, Mo., to Ottumwa,
la
North
.
130*9
Lexington, Mo., to St.
Joseph, Mo
Centralia, Mo., to Columbia,
Mo
Salisbury, Mo., to Glasgow,
Chicago, Ill., to Altamont,
Streator, Ill., to Streator
Junction, Ill
Sliumway, Ill., to Effing¬
ham, Ill
Urbana, Ill., to Havana, Ill.
White Heath, Ill., to Deca¬
tur, Ill
*..
Miles,
Miles.
Mo
76 3
21-8
150
Ferguson. Mo., to Biddle
Street, St. Louis, Mo
10*4
Quincy, Mo., to Milan, Mo..
105-2
40 8
882-3
Pennsylvania Railroad.—The Philadelphia North Ameri¬
Peoria & Iowa Division :
8-5
can says:
“In less than a fortnight the directors of the
100-0 State Line, Ind., to Burling¬
ton, la
215*0
Pennsylvania Railroad Company will meet to decide the rate of
dividend to be paid to the stockholders in November. The
31-0 La Harpe, Ill., to Warsaw,
Ill
32-0
dividend will certainly be as much as 3 per cent, making at
1,183-9 Keokuk, la., to Van Wort,la. 148 0
least 6 per cent for the year; but there is a considerable pressure
Western Division:
Ceutreville, la., to Albia, la.
26*0
in favor of an increase.
That pressure comes from abroad, St. Louis, Mo., to Kansas
421-0
City, Mo
276-8
where railroad construction is finished, and it is the custom to
Brunswick, Mo., to Council
divide nearly all the earnings, without regard to the possi¬
Grand total
2,487-5
Bluffs, la
224-4
bilities of the future, and that feeling is participated in by
Wisconsin Talley.—Mr. Charles Merriam, gives notice that
those who have bought the stock for speculative purposes.
Pursuant to a vote of this corporation, passed on the 19th of
They realize that an increase in the rate of dividend would pre¬ October, 1880, the road and property of this company has been
vent any decline in the stock, and might send it one or two
transferred to the Chicago Milwaukee & St. Paul Railway Com¬
points higher, while a failure to divide more than three per
cent would have a depressing influence and lead many specu¬ pany. By the terms of the contract of transfer, stockholders
who shall, on or before the 18th day of November next, cause
lative holders to drop out. On the other hand, some of the
the transfer of their shares to said Chicago Milwaukee & St. *
large holders, who retain their stocks as an investment, are in¬ Paul
Railway Company, through the undersigned or otherwise,
different in the matter, while some are opposed to any increase.”
shall receive in full payment therefore eighty-five per cent of
Philadelphia & Reading.—The Receivers give notice that the par value of his said shares of preferred stock, and seventy
they will purchase the November interest and coupons of the per cent of the par value of his said shares of common stock, in
following bonds, at the rate set opposite the names of the the six per cent mortgage bonds of said railway company,
respective tracts and loans in the following table, it being secured by a mortgage upon the property thus sold and conveyed
understood and agreed to on the'part of the Receivers that the to said railway company ; and further, that said railway com¬
principal of all of the said bonds, and all after-accruing inter¬ pany shall agree to deliver and shall deliver to each shareholder
est thereon, shall retain priority of lien over the coupons and of this
company who shall, after the 18th day of November
interest so purchased.
next, at any time, transfer his shares to said railway company,
Rate per anName of tract.
When due.
num at which eighty per cent in cash, and not in bonds, of the par value of his
said shares of preferred stock, and sixty-five per cent in cash,
Pkila. & Read. C. & I. Co.
purchased.
John A. Lessig
Six per cent and not in bonds, of the par value of his said shares of common
November
J. Van Reed
November
Five
“
per
Samuel Houston and others
Peter A. Ahl
Helfenstein
Schuylkill Navigation Co.
Boat and Car Loan, 1913
Boat and Car Loan, 1915
Improvement; Loan, 1880
“As the Receivers
manent
are
not yet
cent
November
November
November
Five per cent
Four per cent
Four por cent
November
November
November
Five
Five
Five
prepared to enter into
per
per
per
cent
cent
cent
stock
—Attention is called to the list of interest and dividend pay¬
on November 1 at the banking house of Messrs. Winslow,
Lanier & Co.
ments
any per¬
agreement with the holders of the bonds above men¬
FISK &
OFFICE OF
HATCH,
tioned, they propose the above plan as Receivers of the
No.
5
Nassau
Street,
Oct 9, 1880.
New
York,
guarantor company for adjusting the coupons and interest
mentioned, without requiring or proposing at present the sur¬
We are receiving so many letters of inquiry as to the terms on which
render of any rights on the part of the bondholders beyond the
we receive deposit accounts of Bauks, Bankers, Business
Firms and
coupon or interest as above.”
individuals,
we find it necessary, in order to save clerical labor in
that
—The Fidelity Trust Insurance & Safe Deposit Company,
the trustees of the consolidated mortgage bonds of the Phila¬ replying to each separately in manuscript, to issue this circular for the
delphia & Reading Railroad Company, filed a petition in the general information of those who may desire to open accounts with a
United States Circuit Court in Philadelphia, Oct. 28, asking for private banking house in this city.
an injunction restraining the Receivers of the Philadelphia &
We are prepared, on the terms mentioned below, to receive the accounts
Reading Railroad Company from appropriating the funds in of responsible parties in good standing:
their possession to the payment of interest on the general mort¬ 1. Except in the case of Banks, Savings Banks, or other well-known
gage bonds of the company, until certain specified sums shall
Cornorations, or of individuals or firms whose character and stand¬
be set aside in the sinking fund for the redemption of the con¬
ing are already known to us, we require satisfactory reference
solidated mortgage bonds, which take precedence of the general
before opening an account.
mortgage loan. The Court ordered the masters appointed 2. We allow interest at the rate of 3 per cent per annum on the average
under the receivership to take testimony pertinent to the issues,
monthly balances, when the same amount to $1,000 or over. On
and directed further that in the proceedings under the petition
accounts averaging less than $1,000 for the month we allow no
leave is given for holders of the general mortgage and improve¬
interest.
ment bonds of the company to intervene.
3. We render accounts current, and credit interest as above, on the last
Scioto Talley.—Work on the extension of the Scioto Talley
day of each month.
Road, running from Portsmouth to Ashland, is progressing 4. For parties keeping regular deposit accounts with us we collect and
rapidly, and the road will probably be opened for traffic by the
credit United States, Railroad, and other Coupons and Dividends
end of the year. Mr. Huntington’s road, from Huntington,
payable in this city without charge; make careful inquiries and
W. Va., to Ashland, will also be completed. The Scioto Talley
give the best information we can obtain respecting investments or
crosses the M. & C. at Chillicothe, and the M. & C. runs to Cin¬
other matters of financial interest to them, and in general serve
cinnati. There will thus be formed a through line from Cincin¬
their interests in any way in which we can be of use to them in our
line of business.
nati to Huntington, and thence over the Chesapeake & Ohio to
5. We do not discount or buy commercial paper, but are at all times pr(£
tide-water.
pared to make advances to customers and correspondents on United
Tirginia Land Company.—The Baltimore Sun reports that 6. States bonds or other first-class and marketable securities.
All deposits are subject to check at sight without notice.
an association of New York
capitalists, under the title of “The
Old Dominion Land Company” has been formed. The incor¬
One of our firm is a member of the New York Stock Exchange, and we
porators are Messrs. C. P. Huntington, Harvey Fisk, A. S. give particular attention to orders by mail, telegraph, or in person, for
Hatch, James H. Storrs and J. E. Gates. Mr. Huntington is the purchase or sale, on commission, of Investment bonds and Stocks.«
We continue to buy and sell direct, without commission, all issues and
President of the company and Mr. Frank Storrs is Secretary. denominations
of United States Bonds, for immediate delivery, at cur¬
The capital stock is restricted by the terms of the act of incor¬ rent market rates.
Very respectfully,
FISK & HATCH.
THE
446
CHRONICLE.
[Vol. XX XL
Liabilities.
’Qhz |Baultcrsr <&nzz\\z.
Capital stock paid in
Surplus fund
^dTvTjTe
nds.
The followim: dividends have recently been announced:
Name
of Company.
Per
When
Books Closed.
Cent.
Payable.
(Bays inclusive.)
Railroad*.
Atch’n Topeka & Santa Fe (quar.)
Cincin. Hamilton & Dayton
Concord
~
Lynn & Boston
2
5
$6
Manchester & Lawrence
Nashua & Loweil
N.Y.Prov. & Bos. (St« mhg.) quar.fc
Hanks.
Nov.
-15 Nov.
2
o
5
$3 50
*2
American Exchange Nat
3 hi
Nat. Bank State of N. Y
3 hi
5
3
5
Nat. City
Nat. Mechanics’ Bkg. Ass’n
Union Nat
Nov.
Nov.
Nov.
Nov.
Nov
Nov.
Nov.
Nov.
Nov.
Nov.
1
8
1
1
10 Nov. 1
to Nov. 10,
to
Nov. 10.
1 Oct. 23 to Oct. 31.
10 Nov. 1 to Nov. 10.
1
3 Oct.
1 Oct.
23 To Oct. 30.
27 to Oct. 30.
June 11,1880.
1 Ocf. 1,1880
$455,909,565
$457,553,985
118,102,014
50,443,635
318.088,562
Other undivided profits
National bank notes outstanding
Amount on hand
State hank notes outstanding
Dividends unpaid...
Individual deposits
4,450,139
290,738
1,330,179
833,701,034
7,680,905
3,026,757
171,462,131
67,938,795
2,268,769
5,250,192
United States deposits
Deposits of U. S. disbursing officers
Due to other national banks
Due to State banks and bankers
Notes and bills rediscounted
Bills payable
Total
Number of banks
..
120,518,583
46,139,690
317,350,036
3,933,524
270,045
3,452,504
873,537,637
7,649,995
3,534,856
192,032,532
75,536,922
3,178,232
5,031,604
$2,035,493,280 $2,105,786,625
...
2,090
...
United Stateg
been
a
Bonds.—The Government bond market has
little irregular on a fair business. A leading institution
dealing in governments issued
a circular advising banks to. charge
cents for bonds sooner maturing, on the prospect
bond at 3@3% per cent would probably be issued at
off their 4 per
that
a
new
The matter
talked
with
animation by other
Sar.
over
some
ealers. At the was
Treasury purchase
on
Wednesday the total
offerings
amounted
to
$6,249,650.
There
were accepted $2,500,000
general tone in tlie financial markets remains decidedly strong.
There has been much irregularity at the Stock Exchanges in New bonds, including $2,058,950 6s of 1881, at 104*90@105*05, and
:
York and Philadelphia, but this has come from the extraordi¬ $441,050 6s of 1880, at 102*70@102*79.
The closing prices at the New York Board have been as follows
nary rise in prices of certain stocks which occurred from time to
time with such feverish rapidity that the whole advance
Interest
Oct.
Oct.
Oct.
Oct.
Oct.
Oct.
Periods.
23.
25.
26.
27.
28.
29.
could not be sustained. Notwithstanding the possibilities of the
election next week, the result seems to be accepted as a foregone
6s, 18S0....
reg. J. & J. *102 hi *102hi *1025a *10258 *10250 *10253
conclusion, and the effects thereof are discounted. Indeed, so 6s, 1880
coup. J. & J. 3 0258 102 5s *102 5s *10258 *1025s *10250
rcg. J. & J. *1043.4 *1047s| 1047h *105
*1047e 105
palpably is this the course of affairs that some of the shrewd 6a, 1881
*105
coup. J. & J. *104 3.4 10478 *105
10478 104 7s
and cautious brokers are suspecting that there will be a heavy 6s, 1881
102
5s, 1881
reg. Q.-Feb. *10134 *1013.1 10178 102
*1017q
selling movement after the election, even in case of a Republican 5s, 1881
*103
103
*103
*103
coup. Q.-Feb. *102*8 *103
*110
*110
*110i8 *110i4 HOhi
reg. Q.-Mar. *110
victory, as they say that the large operators will regard that as 4hiS, 1891
110
4hjs, 1891
*110
coup. Q.-Mar. 110
110M *110i4 llOhi
a particularly favorable time to unload their stocks without caus¬
109
*109
*109
4s, 1907
reg. Q.-Jau.
10914 1093s 109 hi
ing too great a depression m prices. This view is worthy of a 4s, 1907
109
109
*109
coup. Q.-Jan.
10914 109 hi 10913
passing notice, although it prove in the end not to have been 6s, cur’cy,-1895..reg. J. A J. *125 *125 *125 *125 hi *125is *125
Tlie
Money
FRIDAY, OCT. 29,
Market and Financial
1880—5 P. Itt.
Situation.—The
*
*
*
well founded.
The great sensations of the period now are stock divi¬
dends. Only eighteen months ago the idea of a stock divi¬
dend on the best railroad stock in the market wrould have been
considered preposterous, and now there are few stocks so poor
that the possibility of a stock dividend on them is not talked of.
The prediction of a stock dividend, too, is always a good rumor,
because it can never be positively denied. The proposal to pay
a cash dividend on certain stocks is
easily proved absurd by the
entire absence of cash to pay it, either in the past or present.
But the wherewithal to make stock distributions can never fail so
long as printing presses run or printers’ ink shall continue to
flow.
The money
market has been quite easy within a limit of 2%@
according to the collaterals. Prime
4 per cent for call loans,
commercial paper is quoted
The
at 4% @5 per cent.
Bank of England statement
6s, cur’cy, 1896..reg.
6s, cur’cy, 1897..reg.
68, cur’cy, 1898..reg.
6s, cur’cy, 1899..reg.
*
J.
J.
J.
J.
&
A
&
A
J.
J.
«T,
J.
*125
*125
*125
*125
*125
*125
*125
*125
Turn is the price bid at the morning
*125
*125
*125
*125
Board
: no
*127
*128
*129
*130
sale
*126i4
*1273s
*12Shi
*12934
*125^
*126
*126hi
*127
was made,
state aud Railroad
Bonds,—There have been only moder¬
ate transactions in State bonds.
Railroad bonds have been very
active—more active than in any previous week of the Fall season.
Several issues of bonds have been dealt in very heavily, and the
advance in prices has rivaled the buoyancy in active speculative
stocks. At the New York Stock Exchange, Erie second consoli¬
dated sold up to 97% on large purchases. Texas & Pacific firsts,
Rio Grande Division, on large sales reached 92, and the Missouri
Kansas & Texas first consolidated sold at 111% and the seconds
a,t
68% this afternoon.
•
•
The Ohio & Mississippi Railway Company will pay one coupon
on the second mortgage bonds on November
1 and another
on the 12th of November.
One coupon on the Springfield Divis¬
ion bonds will be paid November 1 and another on the 5th.
The bids for New York City consolidated stock at 4 per cent
on Thursday showed a gain
week, and the reserve was up to
50 9-16 per cent of liabilities, against 46% per cent last week; the
discount rate remains at 2% per cent. The Bank of France lost
amounted to nearly $31,000,000, although only $2,800,000 were
in the week 7,830,000 francs gold and 32,000 francs silver.
offered ; the highest bids ran up to 105*79.
The last statement of the New York City Clearing House
Messrs. A. H. Muller & Son sold the following at auction :
banks, issued October 23, showed a decrease of $1,192,125 in the
Shares.
Shares.
30 Buffalo Mutual Gaslight
surplus over legal reserve, the total surplus being $3,565,450, 195 Lykens Valley RR. & Coal
Co
Co...
138
75*2
against $4,757,575.
85 Stuyvesant Insurance...119
106 N, Y. N. II. & Hartford
The following table shows the changes from the
RR. Co., $100 each
21 Howard Insurance
114
previous week
170
and a comparison with the two preceding years:
20 Manhattan Fire Ins...... 102 ^
156 Pennsylvania Coal Co....200
.
in bullion of £339,000 for the
1880.
Oct. 23.
Loans and die. $317,043,300
65.613.900
Specie
Circulation
15.700.600
Net deposits
300,831,000
1879.
Oct. 25.
1878.
Oct. 26.
*
13,159,300
$75,207,750
$433,975
$57,917,000
$52,774,175
.
Reserve held.
Dec.
78,773,200 Dec.
1,626,100
57,834,300
59,823,000
Surplus
$3,565,450'Dcc.$1,192,125
Def .$82,700
$7,048,825
.
The following is an abstract of reports made to the.
Comp¬
troller of the Currency, showing the condition of the national
banks of the United States, banks, at the close of business on
June 11, 1880, and October 1, 1830.
Resources.
L»oan8 and discounts
Overdrafts
United States bonds to secure circulation
United States bonds to secure deposits..
United States bonds on hand
Other stocks, bonds and mortgages
Due from approved reserve agents
Due from other national banks
Due from State b«nks and bankers
Real estate, furniture and fixtures
Current expenses and taxes paid
Premiums paid
Checks and other cash items
Exchanges for Clearing House
Bills of other national banks
Fractional currency..
Gold coin
Gold certificates
Gold clearing-house certificates
Silver coin
Silver certificates
Legal tender notes
United States cerlificates of deposit
legal-tender uot< s
Five per cent red< mpti m fund
Due from United States Treasurer
Total
70 N. Y.
Co
Floating Dry Dock
v
286 Central GasLisrhtCo, (for¬
78
merly Westchester)
60
$269,433,300 $245,108,400 216 Harlem Gas Light Co.723±-7012
10 Manhattan Life Ins. Co..414
27,682,600
19,860,500
70 Wells-Fargo Express Co. 1113*
22.448.700
19,889,700
133^
2231,668,000 211.096.700 114 Home Ins. Co
20 Republic Fire Ins. Co
75
30.151.700
39,962,500^
Inc .$1,231,400
Dec. 1,750,400
Inc.
71,500
Dec. 1,735,900
luc.
124,300
..
Legal tenders.
Legal reserve.
Differ'nces fr’m
previous week.
June
Oct. 1, 1880.
11,1880
$991,143,12G $1 ,037,061,411
3.569,520
3,915,826
359,5 L2,050
14,7: 7,000
28,604,800
44.948,345
357,789,350
14,777,000
28,843,400
42 United States Warehouse
Co
69
200 Nat. Bank of Republic... 125
10 Corn Exchange Bank.... 148^
15 Metropolitan "Nat. Bank.150.
100 Cent. N. J. Land Ifnp. Co. 20hi
591 American Mutual Ins. Co.
of Newark, N. J., scrip .$144
25 Orange National Bank of
Orange, N. J
114
40 Citizens’ Gaslight Co. of
96x4
Newark, N. J
40 Newark City Gaslight Co.133
50 Hanover Insurance
166
17 Star Fire Insurance
103
20 Hoffman Insurance
85
10 Kings County Insurance. 191
8 Tradesmen’s Insurance.. 105
165 Central Park, North and
East River RR
105hi
60 N. Y. N. II. & Hartford
RR
.*
173
60 Island City Bank
85
Bonds.
$1,000 Chicago & Atchison.
Bridge Co., 1st mortg. 7s,
96
gold bonds, due 1892
$3,000
Syracuse
$1,000 Winona & St. Peter
117
RR., 7s, due 1907
$3,346 50 fundable past-due
coupons from bonds of the
State of South Carolina
Railroad and Miscellaneous Stocks.
lias been excited and very
Bingham¬
ton & N.Y. RR., 1st mortg.
cousol. 7s, due 1906
119
—
The stock
..
40
market
irregular in its movements. Instead
large and continuous advance throughout the whole list,
48,863,150 particular stocks have jumped up on certain days by strides of
115,935,668
134.5i>2,778 %@1 per cent at a time, and without any known cause for such
56,578,444
63.023,796 remarkable
buoyancy. In the early part of the week Reading
13,861,582
15,881,197
47,979,244
48,0*45,832 was the great feature, and bounded up above 48 in New York and
6,778,829
6,386.182 to corresponding figures in Philadelphia.
The reason for this
3,702,354
3,48 *3,470
has not been fully explained, but it seem3to be conceded that the
9,930,179
12,726,601
122,390.409
121,097,650 purchases were for English account, and the rise wTas not well
21,908.193
13,210.942 sustained, as the price saggedback and closes at 42.
New York
387,226
367,172 Central & Hudson was very strong
on Thursday, selling
43,622.509
47,512,589 above
138; but, with the rest of the market, closes lower to-day.
8,439,560
7,175,560
41,087,000
Chicago
& Alton common has made a jump of about 14 points
48,167,000
5,S62,035
5,326,240 in the week, and the talk is now of* increased dividends in cash
495,400
1,165,120 out of the
large net earnings. The two Delawares are strong
64,480,717
56,640,158
among the coal stocks, and as little is known to the public re¬
for
12.500,000
7,655,000 garding their finances, it is the more possible to gain credence
15,920,010
15,921,740 for the reports of large amounts of cash in their respective
1,079,073
1,182,125
treasuries.
To-day the Wabash stocks showed more animation
.$2,035,493,280 $2,105,786,625 and strength in prices than at any previous time, the preferred
•
of
a
October
THE CHRONICLE.
30,1880. J
reaching the highest prices ever touched. Until now the Wabash
stocks have rather been conspicuous for
their small advance,
as
compared with the rest of the market. Among other stocks notably
strong were Kan.& Tex., Han. & St. Joseph, St. Louis & San. Fran.,
With two of
C. C. C. & I. and Houston & Texas Central.
our
lead¬
ing stocks which are largely held in London—Pennsylvania
Railroad and Erie preferred—there is considerable discussion as
to the dividends.
It is the custom in England to divide the clear
net income of a railroad to the stockholders and pay for per¬
manent improvements out of capital account. It is now claimed
that the dividend of 0 per cent on Erie preferred, having been
fully earned for the past year, should be paid; and also that on
the large exhibit of earnings by the Pennsylvania Railroad the
semi-annual dividend should be at least 4 per cent. The North¬
west and St. Paul stocks close near the prices of last, week, and
in regard to the payment of a stock dividend on St. Paul pre¬
ferred, it is stated that about $31,000,000 of the bonds are con¬
vertible, on certain terms, into the preferred stock.
The daily highest and lowest prices have been as follows:
Saturday,
Monday.
Tuesday,
Oct. 23.
Oct. 2o.
Oct. 20.
Wednesd.
Oct. 27.
75
74
74
Am. Dist. Tel. 73
74%
73)4 72% 74
41
42
Atl.&Pac.Tel. 41
40% 41
41% 41% 42
09
Canada South. 66% 67% 07
09% 08
69% 08
Cent, of N. J.. 74% 7«
74% 75% 75% 76% 70% 77%
75
Cent. Pacific.. 74
74% 74% 74% 74% 74% 74%
Ches.&Ohio.. 20% 20>* 20% 20% 20% 20% 20% 20%
27
Do 1st prf. 26% 20% 26% 27
20% 20% 27
Do 2d prf.. 21% 21% 22
22
21% 22
21% 22
ion
l/Q‘J
Chic. & Alton. 119% 124% 124% 120
126% 125% 134%
Chic.Bur.& 0. 141
142% 140% 143
142% 143% 1 '3% 145%
Chic.M.&St.P. 103% 104% 103% 104% 103% 104% 103% 100
Do
pref. 110% 117 i 117 li7% 118
119% 118% 119%
Cliic.&N. VV.. 115% 117 j 115
110% 115% 110 5* 115% 110%
Do
pref. 137% 139% 138% 141% 140
142% 139 141
C.R.I.&P.new 121% 123%
122% 121% 122
12!% 122%
37
37
37
37
Ch.St.L.&N.O.
37% 39%
47
Ch.St.P.M.&O 40
45% 46% 45
45% 45% 40
Do
85 >r 80
pref. 8 % 80% 85% 86
85%
80%
78
78
Clev.C. C.&I. 77
78% *
78% 78% 79
Col.Chic.&1.C.
19% 19%
18% 19
18% 19% 18% 19
Del.&H.Canal 85% 85 % 85% 85% 85% 86% 8«% 87%
Del.Lack.&VV. 93% 95
97%
93% 95% 95% 97% 97
74
Denver^ It.G.
74%
73% 72% 74% 74
41
Han.&St. Jo..
4l% 40%
41%
42% 41
87
Do
pref.
85% 85% 85% 80
85% 87%
00
09
Hous.&Tex.C.
07% 09
74%
115
114
115
Illinois Cent..
114% 114%
114% 119%
33
33
Lako Erie&W.
33% 33
33% 32% 34
Lake Shore....
114% 113% 114% 113% K4% 114% 115%
Louisv.&Nash
109% 107% 109
108% 109
108% 170
38
Manhattan....
30% 38% 37 ~ 38% 37% 38% 38
JMar.&C.lst pf.
0% 5%
0%
m
5% 7
Do
2d prf.
Mich.Central. 104% 105% 105” 105% 105% 106% 106% 108%
0/1 IZ
VO'.U
23
Mobile&Ohio. 22
24%
22% 22% 22% 0<)l2
22% 22%
Mo.Kans. &T. 37
38% 38% 39% 38% 38% 38% 38%
115
115
110
117
Mor.& Essex.. 114% 115
115% 116%
00
02
02
Nash.Ch.&StL 02
01% 01
01% 02
NewCent.Coal
135”
N.Y.C.&H. It. 134% 134% 134% 134%
135%
44
N.Y.L.E.&W. 43% 44% 43% 43%
44%
74
74
Do
pref. 74% 74%
74% 74% 75%
N.Y.Ont. & W. 24% 24% 24% 24%
24% 24% 25%
30
Northern Pac. 29
29% 29% 30%
30% 30
54
Do
pref. 53% 54
55%
54% 53% 54
27
27
Ohio Central.. 20% 28
20% 27
27%
Ohio &Miss... 35
35% 35
35%
35% 35% 30
Do
77%
pref. 76% 70% 77
7>% 77% 77%
Pacific Mail... 45% 45% 45% 45%
4.5% 45
45%
193
Panama
192
4l” 48* 43
Phil. &Read’g 38% 41
48% 42% 44
30
28
28
St.L.A.&T.II. 24
27% 20% 29% 28
Do
89
89%
88% 88% 90
pref. 85
StX.I.M. & So. 50-% 51% 50% 51
50% 5i” 51% 52%
Bt.L.A S.Fran. 30
30% 36% 30% 30% 30% 37% 37%
47
47
47
Do
47%
47% 47% 47%
pref.
Do 1st prf. 75
75
*74
75
77
74% 74%
122*1
II*
41*.
S54
Thursday
74
74%
20%
27%
*22
134%
145
1% *i %
V4
92% 91% 92
42 %
42%
74% 73% 74%
101% 101% 10174
1%
91%
41%
73%
101%
75
<0
170
1%
1%
1%
91% 92% 91%
41% 42% 41%
Do
pref. 73% 75
73%
West. Un.Tel. 101% 102% 100%
41%
07% 68%
m 77% 78%
75
74% 75%
21
20% 20%
27% *20% 27%
21% 21%
130 ” 132% 134%
140
144% 145%
100% 103% 105%
g*
S3*
Butro Tunnel.
Union Pacific.
Wab.St.L.&P.
74%
105%
119
120
119% 121
115% 110% 114% 115%
13 s% 139%
140% 141.
122
122% 121% 122
39
39% 38% 38%
45% 46% 41% 45%
85% 84% 85%
81
80% 82%
19
19% 18% 19%
87
88
86% 87%
97% 98% 5)7% 98%
74
75
74% 74%
41% 42% 42% 43%
88% 88% 90%
W
,47%
Oct. 29.
74
41
74
42% 42%
08% 09
118
33
‘It*
Friday,
Oct. 28.
77
118% 117%
34% 32%
115% 117% 115%
173% 170
~
7%
38
37%
108%
i
24
28
0%
id*
108
24% 23
38% 38%
116%
62%
37
117
03
28
109%
24
38%
110
60%
135% 138% 135%
44% 45% 43%
75% 70
74%
24% 25% 24%
30
3 o]4
29%
53% 54%
20% 27
30
78
45% 45%
192
52
53
39%
110%
02%
137%
44%
75%
24%
30
52% 53%
20% 26%
36%
78% 79
45% 45%
30%
37%
79%
192
41
29
117%
33%
110%
172%
37%
7%
195
43%
29%
195
41% 42
28% 29%
50%
S9
37% 39
49
47% 49
77
*74%
1%
1%
1%
i%
92% 92% 93% 92%
42% 42
42% 42%
74% 73% 74% 74%
104% 103% 104% 100%
....
w
56
79%
93
43%
70%
103%
♦These are the prices bid and asked; no sale was made at the Board.
Total sales of
and the range in
to
date,
leading stocks for the week ending Thursday,
prices for the year 1879, and from Jan. 1,1880,
follows:
were as
Sales
of
Range for
Range since Jan. 1,1880.
Tear 1879
Week, '■
Shares.
Loivest.
Canada Southern....
Central of N. J..
13,850 40
45
108,344
99*2
14,275
Chicago & Alton...
Chic. Burl. A Quincy
10,002 113
Chic. MU. & St.P....
60*2
96,350
Do
do pref
99
9,125
Chic. A Northw
871q
59,005
Do
do pref
12,270 104
*Chic. Rock I. A Pac..
7,585 100*2
Col, Chic. A Ind.Cent,
3,835
9*2
Del. A Hudson Cana!
60
22,900
..
Del. Lack. & Western
Hannibal & St. Jo...
Do
do
224,153
15,300
pref.
19,420
Illinois Central....
Lake Erie A Western
Lake Shore
Louisville A Nashv..
Manhattan
16,033
9,804
Do
....
pref.
Ohio A Mississippi..
Pacific Mail
Panama
Phiia. A Reading
St.L.Iron Mt. ASouth.
St. L. A San Francitco
Do
99*2 Jan.
20*4 May
June
Jau.
July
May
Mav
May
150
45*4
33*2
78*2
8978
Oct, 26
3438 82*8
743* 1023*
49^8 94*2
7G78 108
8 119
5
Jan. 26
Sept. 9 38
Oct. 28 43
150*2
28
89*8
94
13*4
41*2
34
70*q
79*4 1003*
» 10
28*2
07
35
35
108
89*2
-72*4
7334 93
538 353*
75*8 104*2
35*2 83
Mar. 5
June 1 128
139
May 11 133*8 Oct. 28 112
June 1
43 78 Feb.
2 21*8 49
Oct. 28 37*2 78*8
May 25 76
May 11 36 Jan. 14 r 10
40*2
May 25
27*2 May 17
168
Jan.
13*2 July
2
2
34% May 25
25% May 11
33
May 11
GO
80
High
June
445g Sept. 2
90*2 Oct. 29
2 1193* Oct. 27
11 383a Mar. 4
2 117*4 Oct. 28
8 173*2 Oct. 28
22 57*2 Mar. 16
Oct. 23
17 110
25 49*4 Jan. 27
Oct. 27
24 117
23
31,127
43,070.
Low.
Oct. 28
75
100**
Jan. 26 111*8 134*a
22% May 25
63*2 May 25
47,285
38,300
Do
1st pref.
Onion Pacific
Wab. St. L. A Pacific
2 152
8
May 25 106*2 Oct, 28
Oct. 28
May 10 121
July 9 1173a Oct, 21
20
2,450
do pref.
Western Union Tel..
June
393g May 21
97,960
23,940
3,010
90*4 Mar.
2 136
11,805
200
74*2 Jan. 14
Jan.
11,855
pref.
Do
May 17
May 25
Feb. 10 142*4
June 11 204
May 11 25*8
May 25 88*8
68 *2 May 25 98*2
95
86,805
9,045
80*8
21
15,435
75
39,789
Michigan Central
Missouri Kan. A Tex.
46,465
28*8
Morris A Essex
8,595 100
Nashv. Chatt. & St. L.
5,400
47*2
N.Y.Cent.AHud.Riv
43,835 122
N.Y. Lake E. A West. 256,980
30
Do
do pref.
47
19,156
Northern Pacific
Highest.
May 11
83,037
May 11
26*2 May 25
51*4 May 25
89 410
8(04 June
Jau. 13 ; 44*4 05
44*2 Mar. 0
734 333s
02
Mar.
8
103s 39*2
190
Oct. 18 123
182
7238 Jan.
3
00
Feb. 17
13
50
43
Feb.
2
3*8 53
60*4 Mar. 8
4*8 00*2
83*2 Mar. 9
9:4 78*2
973g Jau: 19 57*2 95
60
48
Jan. 27
..
2 llBLo Fel*. 9 1
Railroad EarnIngs._The latest railroad
earnings and the
totals from Jan. 1 to latest dates are given below. The state¬
ment 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 period mentioned in the second column.
-Latest earnings reported.—,
1880.
1879.
or Mo.
1880.
1879.
Ala.Gt. Southern.September.
$62,541
$10,049
$453,534
$294,998
Albany A Susq.. August
A tcli.ion. & S. Fe. September.
128,34B
809,000
05,044
179,947
92,552
593,311
51,955
890,142
5,841,000
525,887
1,228,040
1,004,004
Atl. & Char.Air-L.August
A tl. Miss. & Ohio. August
134,955
34,800
10,030
42,528
Bur.C.Rap.ANo..3d\vk Oct..
Cairo A St. Louis.1st wk Ocr.
12,848
Central Pacific...September. 1,957,000
Ches. A Ohio
September. 240.028
080,950
4,332,551
433,893
988,665
1,147,806
303,249
197,717
1,049,429 14,180,700 12,520,127
224,092 1,997,009 1.425,978
Chicago A Alton .3d wk Oct.. 205,084
165,074 0,230,077 4,437,258
Chic. Burl. A Q...August....1,G10,108 1,315,559 11,325,592 8,819,021
Chic. A G.Tr’k. Wk.end.Oct.23
Chic. A East. Ill.. 3d wk Oct..
Chic. Mil. A St. P.3d wk Oct..
30,802
Cm. Ind.St.L.A C.lst wk Oct.
Cin.Sand. A Clev.l2dys July
Cin. & Springf. ..3d wk Oct..
Clev. Col. Cin. A 1.3d wk Oct..
Clev.Mt.V. ADel.Sdwk Oct..
Del.AH.Can.. Pa.Div...Aug.
Denver A Rio Gr 3d wk Oct..
Denv.S.P’kA Pac. September.
[ 57,1GG
27,543
19.2G1
45,507
21,050
18,402
095,202
600.008
102,221
7,990
90,018
9,408
3.399,204
334,554
2,820.477
89,388
95,958
741,840
111,795
127,532
31,702
95,532
910,337
495,419
091,300
1,028,426
14,455
23,247 1,010,314
078,594
35,988
341,000
292,135 9,702,000 7,404,431
Chic. A Northw..September.!,957,951 1,710,409 13,910,229 11,317,929.
Chic.St.P.MinAQ.3d wk Oet..
41,902
30,779 1,199,194
92G.001
Chic. AW. Mich.. 1st wk Oct.
18,103
16,319
478,593
021,524
DesM.AF.Dodge.2d wk Oct..
8,910
6,402
Det. Lans. A No..2dwk Oct..
27,099
25,872
2,541,884
1,494,876
240.447
922,845
DubuqueAS.City.2dwk Oct..
32,011
302,389
25,527
204,001
775,011
1,915,440
Eastern
August
Flint A Pere Mar.3d wk Oct..
Grand Trunk. Wk. end.Oct.23
Gr’t Westem.Wk.end.Oct.22
Hannibal A St. Jo. 3d wk Oct..
Houst. A Texas C. August....
Illinois Ceil. (Ill.) .September,
Do
(Iowa). September.
Indiana Bl. AW.. 2d wk Oct..
Int. A Gt, North..3d wk Oct..
Iowa Central
August
K. C. Ft, S.A Gulf. 1st wk Oct.
Kans.C.Law. A So.September.
Lake ErieA West.2d wk Oct..
Little Rk. A Ft. S.September.
Louisv. A Nashv.3d wk Oct.,
170,573
842,003
872,901
27,268 1,242.000
220,230 8,407,505 7,057,540
113.789 4,0.83,413 3,488,534
53,099 1,909,383 1,472,307
37,302
244,789
123,362
53,579
,
310,498
777,530
289,380
025,709
171,523
232,122
153,715
1,977,892
4,553,731
1.187,709
28,379
00,907
20,012
t>2,030
904,718
1,359,970
80,079
74,341
582,350
1,021,644
4,073,531
1,005,663
901,846
1,222,022
23,214
18,289
850,534
031,024
70,890
47,223
537,068
991,224
340,035
514,702
28,760
14,950
48,193
32,578
222,500
135,009
7,191,247
19,215
31,469
13,283
10,921
700,097
,840,029
Minn. A St. Louis.3d wk Sept.
19,502
Mo. Kan. A Texas. 3d wk Oct..
93,300
Mobile A Ohio
September. 179,191
Nashv. Ch.ASt.L.September.
107,473
N. Y. A Canada ..August
55,017
N. Y.Cent. A Hud.September^,000,627
N.Y. L. ErieA W. August.... 1,000,873
N.Y. AN. Engl’d.SdwkSept.
61,898
Northern Central.September.
404,093
Northern Pacific .lstwk Oct.
88,500
14 923
Ogd. A L. Champ.4th wk Sep.
Pad.AElizabetht.2d wk Oct..
9,430
Pad. A Memphis. .2d wk Oct
6,105
10,480
51G,119
305,216
93.419
3,302,930
101,253
157.303
45,185
1,463,350
1,513,098
428,110
2,440,807
1,234,470
1,271,022
Marq. H. A OnPn.2d wk Oct..
Memp. A Chari...3dwk Oct..
Pennsylvania
4.409,035
479,361
578,782
276,297
2.922,370 24,029,270 20,820,795
1,450,223 12,278,913 10,388,348
57,194
420,837, 3,584,104 2,902,498
70,253 1,790,559 1,453,830
13 518
8,739
2,050
301,166
101,134
.
230, G5i
116,671
September.3,G47,543 3,336,528 30,254,013 24,510,210
Peoria Dec. A Ev. 1st wk Oct.
11,959
Philadel. A Erie..September. 322,737
Phiia. A Reading.September.2,039,250
Pitts. Titusv. A B.September.
54,000
Ports.Gt F.ACon. August
22,891
Rensselaer A Sar. August....
205,321
St.L.Alt.AT.H. ..3d wk Oct..
Do
(brclis).2dwk Oct..
St.L. IronMt.AS.3dwk Oct..
St.L. A San Fran.3d wk Oct..
St.Paul A Duluth. August
el.P.Minn.AMan.3dwk Oct..
8t. Paul A S. City.. 2d wk Oct..
Scioto Valley
3dwkOct..
South. Pac. of Cal.September.
Texas A Pacific ..lstwk Oct.
Tol.Peoria A War. 1st wk Oct.
Wab. St. L. A Pac.3dwk Oct..
Wisconsin Cent...August
4,652
319,770
350,350
39,000
19,275
178,852
420,672
347,193
1.219,011
950,523
29,580
24,715
1,126,120
786,631
17,570
155,70(1
72,171
64,537
69,346
16,087
496,500
182,576
4,795,810
40,845
2,094,061
416,818
3,791,285
1,108,953
:
377,697
2,441,243
2,047,229
1,121,095
251,761
3,713,097
841.557
224.738
2,170,585
1,060,518
9,897.239
099,308
926,905
6.9C0.446
504,692
2,753,767 2,190,781
1,374.013 13,093,371 10,834,483
33,063
0,097
447,000
63,794
33,119
62,694
27.220
0,418
239,905
63,563
34,140
404.000
283.000
86,994
56,389
sterling bills lias been somewhat
variable, and prices close nearly the same as last week on actual
transactions. Gold continues to arrive, and it is evident that the
outflow of securities from this country has had much to do with
the import of specie. To-day the rates for sterling bills were
about 4*81/|@4*81/4 for prime bankers* 60 days and 4*83)£@
Exchange.—The market for
Cable transfers
4*84 for demand.
are
4,84@4*84^.
the rates of domestic exchange on New
York at the undermentioned cities to-day: Savannah, baying,
3-16 off, selling, l-16@par; Charleston, shade easier, baying,
5-16 @3/a discount, selling par; New Orleans commercial $150
discount, bank, par; St Louis, % discount; Chicago, 60 to 80
discount; and Boston, about 5c. discount.
f>ew York City Banks.—The following are the totals of the
New York City Clearing House Banks’ returns for a series of
weeks past:_
L. Tcivlers.
Circulation. Agg. Clear.
Loans.
The
following
were
Specie.
1330
May
”
“
June
•*
“
July
"
#
i5....278.571.200
22....272.250.300
29....273,216,400
“
“
Sept.
“
“
“
Oct.
“
50.83-1.900 J21.669.500
14....800.491.*00
0S.&3O.9OO
10.312.000
60,717,500
15,254,200
24..:.294,517,800
*•
^
292.109,500
23....31(1.738,100 05.413,300
4....311,942,800 65.434,700
11....313,716.200 00.340,3(40
Deposits.
233,078.300
S
20.498.400
20.304.000
20.2:38.100
20,059,9(40
19.682.500
19,094.900
19,020,000
19,572,000
298.091,000
19,331,000
19.220.300 201,075,900
21....310,060,300
3....291,734.300
10....293.428,500
“
Aug.
50.273.000
L. Tenders.
31....297.779,30(4
7....304,765,300
...270.050,000
17
“
j
59,271.700 ‘22,547.400
61,109,000 21,9:14,800
63,192.700 22,221,300
04,450.000 22,004,300
65,210,100 21,715,800
00.103.000 20,034,00(4
70,822,100 19,024.800
70,015,500 20,915,400
09.058.900 20.351,200
0-3.037,70(4 20.031.300
68,700,600 17,115,1400
5
12....279,205,700
19....280.075,100
26....285.905,100
“
“
oa.v
r-Jan. 1 to latest date.-s
Week
“
707s Oct. 29
447
253.325,700
202.762.600
200,^9,000
271,628.500
273,140,700
277,770,800
290,714,700 19,525,800
292,*48,500 19,438,70(4
291.270,000 19.463.500
291.300,500 19,477,000
297.024.200 19.4:30,400
807,632,049
759.515.331
795.990.673
639,336.131
737,534,533
616,148,241
607,558,981
711,472,517
452.751,881
500.48 5.032
625,916.274
586,540,682
044,309,967
551.M23.44l
293.015,100 19.423.100 480,785,189
15,3:35,500 296,422,900 19,396,'00 522,899,382
14.541,400 297.180,800 19,342,300 003,877,203
13.943.200 293,350.500 19,353,000 025,65(4,183
2....309.323,0(40
9....313,521.2(40
16....315.811,900
60.517.300 13,517.700 298,923.700 19.344.500 623.375.655
05,147,000 13,197.200 294.806,900 18.882.500 573,355.801
05,250,300 13,040.300 295,011.400 18,636,700 705,598.700
66.992.200 1^,029,000 305.013,000 18.57:3,700 051,109.020
67.304,300 13.035.000 302.566.900 17.629.100 69,3.9:7.300
23 ...317,043,300
65,613.990
18....314.123.5(40
25....310.201.000
13,159,300 3(4(4,831,000 18,700,000 872,895,695
CHRONICLE.
THE
448
If OS
following statement shows the conditien of the Associated
Banks of New’York City for the week ending at the commence¬
The
Loans and
New York
Manhattan Co...
Merchants
Mechanics’
Union
America
Phoenix
City
Tradesmen’s
Fulton
Chemical
Merch’nts’ Exch.
Gallatin Nation’l
Butchers’A Drov.
Mechanics’ & Tr.
Greenwich
Leather Man’f’rs
Seventh Ward...
State of N. York.
American Exch..
Commerce
9,780,000
2,000,000
6,304,800
7.078.700
8,287.000
4,578.700
9,707.100
2,050’000
2,000’000
2;ooo;ooo
L200;000
3^000,000
LOOOjXX)
3,970,000
8,201,400
3,411.500
i;ooo;ooo
i,ooo;ooo
300,000
200’000
200’000
1.008.000
3.304.100
912.900
OOOiOGO
300^000
3,*-88.700
14,722.000
10,120.900
0,lo0.7OO
3.931.700
2.334.700
5.298,000
3,624.300
1.496.500
2,358,200
8,502,600
2.837,300
13,239.000
1.800.300
2.510,000
2,745.500
2.074.100
3,293.000
800,000
5,000,000
5,000,000
1,000,000
1,000,000
Broadway
Mercantile
422,700
Pacific
1,500'OOO
Republic
Chatham.;
450,000
People’s
4121500
North America..
Hanover
Irving
Metropolitan
700'000
1,000,000
500,000
....
3,000.000
Citizens’
600,000
Nassau
1,000,000
Market
St. Nicholas
Shoe A Leather..
Corn Exchange..
Continental
Oriental
Marine
Importers’ & Tr..
Park
Mech. Bkg. Ass’n
North River
Bast River
Fourth National.
Central Nat
Second Nation’l
Ninth National..
First National..
Third National..
N. Y. Nat. Exch..
500,000
500;000
500’000
i,ooo;ooo
l’ooo’ooo
300.000
400,000
1,500,000
2,000,000
500,000
240,000
250,000
3,200,000
2,000,000
869,900
507.300
509,800
885,700
211,200
279,000
1,811,000
349,300
3,178,000
318,600
359.000
764.300
389,200
090,000
4.084.300
0.537.000
1,097.900
3.499.000
221,800
1,599,400
21,209.800
16,713.000
5.379.900
4.833.(XX)
179,000
35.900
107,800
3.704.400
33.500
954.000
933,800
17.005.200
10,112,000
2,634.000
4.089,700
14.004.200
9,337,400
1.431,400
1.334,100
1.352,400
750,000
500,000
1,000,000
300,000
250,000
200,000
750,000
300,000
Germ’n Americ’n
Chase National*.
Fifth Avenue....
863.100
940.200
893.700
300,000
Bowery National
N. York County..
3.339.100
430,900
743,700
306,300
173,000
22.500
445,900
152,200
486,100
3,222.000
3.151,600
4,548,100
4,317.800
1,420.900
1,090,000
i;ooo;ooo
100,000
513,000
16,000
232,400
145.000
243.000
60,500
91.200
281,700
449.700
130,100
73.000
167,000
198,000
200,300
61.800
172,500
255.000
507.300
485.300
134,000
228.600
213.200
181,300
126,500
158,000
472,700
284.400
114.000
222.300
112.00('
123,100
63,400
102.000
80.000
107.400
290,400
198.000
380.700
340.200
8,800
273.300
78.400
575.600
837.000
883.900
1,702,10(1
13,190,400
600’000
300,000
1,000,000
1,251,000
499.000
1.118.000
3.911,900
2,466,700
251,800
31.000
39.400
2,408.500
403,300
3,428,500
1,409,200
817,800
290,100
tion.
than U. S.
$
310,000
340.900
414.80C
1,223,200
1,690,000
1,430,400
1,491,400
900,000
2,148,000
021,300
Circula¬
other
Tenders.
$
2,195,000
664,700
t
$
Net dept's
Legal
Speck.
discounts.
240.000
248.200
109,700
269.700
107,400
304,000
377.300
42,000
191,000
I
$
495,000
9,130,000
4,764.900
6,585.600
7,715.700
4,178.000
7.240.300
360,000
44,500
4,040,000
267,000
400
•
...
•
793,000
••••••
13,319,400
070,166
3,852.800
2,784.400
1.204.300
1,183,000
989,200
2.043.800
835.700
3,156.700
754,300
200,900
180,000
2,700
476,400
38,500
585.000
447,000
12.029,000
10,928,800
.
1,255,900
5.268,600
900,000
3.817.000
2.440.300
180,000
2,812.200
4.068.300
1,567,000
2,406.500
8,727,300
2,558,300
12,995,000
2,012,100
2,622,800
2,404.300
1,702,000
1,125,o66
8,290.000
450,000
2.639,900
6,944,200
1,575,500
4.112,000
22,943.900
4.600
45,000
5,400
800,000
431,000
45.000
270,030
3.900
439,000
448,00J
Loans and discounts
Specie
180,0*66
1,123,300
45,000
20.301.60C
590,800
44,900
1,142,000
224,600
810,000
1,500,000
45,000
90,000
711.000
17,150.700
9.504,000
3.020.000
5.060.700
450,000
800.000
15.731.300
10,357.400
1.196.000
L.202 300
209,000
220,800
180,000
1,458.300
2,224.800
3.756,100
1,509,200
154,800
a
Loans.
July 28..
2..
Aug.
“
145.518.200
145.795.500
140,955,800
148,056,800
147,343,400
146.627.900
147.259.200
146.749.700
146,074,800
145.506.500
145,099,500
146.721.200
145.700.700
147.836.900
23..
“
'Vi
."
Sept. 6.
“
|
:
Dec.$1,735,900
Circulation
Inc.
71,500
124.30C1
Specie.
*
“
Net deposits
follows
L. Tenders.
*
%
6,617,900
6,365,200
6.178.400
6,349,000
5,901,100
6,002,000
6,281,800
6,871,600
7,082,300
7,615,000
4.124.200
4,093,500
3,547,100
3.182.900
2.991.900
3.128,600
2.945.200
Deposits. Circulations Agg. Clear.
55,220,800
54,579,400
54,020,300
55.688.100
56,002,600
55,228,200
55,495,300
56,069,500
56.342.900
58,3->l,800
59,827,700
60.612.100
61.220.900
*100.464.500
*
*
30.514.600
30.344.200
56,346,126
50,882,884
62.616,237
58,477,792
58,143,856
48,801,889
53,202,766
-54,247,417
55,287.976
29,640.100
30.490.200
30.378.300
30,514,900
30,508,500
30.569.800
30.468.300
30.503.800
30.577.200
30.621.200
13..
2.962.500
“
20..
2.843.500
“
27..
2,962,800
57.670,524
Oct. 4..
8.333.400
2,875,300
62,080,700
H..
8,706,800
2,745,400
04,WY4,220
18..
8,652,000
30.498.600
2,713.000
01,229,418
25.
8.472.400
2.896.900
30.503.200
#
From Oct. 23 the item “ due to other tanks.” is included in deposits.
-
“
Philadelphia
....
Banks.—The totals of the Philadelphia banks
follows:
are as
Loans.
$
L. Tenders.
Deposits.
Circulation.
$
$
*
July 26....
Aug. 2—
67,444,957
20,911,011
21,237,201
68,359,368
69,148,060
69,591,147
69,967,170
70.254,008
70,503,376
70,782,054
70,627.677
70,804,827
70,741,570
71,455.947
71,703,845
60,112,851
60.288,773
60,351,479
60,880,984
60,653,997
61,109.690
12 139,649
9....
16....
23....
30....
1880.
*•
“
“
“
67.591.981
Sept. 6
44
13....
44
20
..
27....
Oct. 4....
11....
18....
25....
20,666,346
20,216,899
19,625,220
19,755.665
19.352.411
61,532,113
20,676,935
63,010,452
21,300,239
21,583.986
64,683.119
64,420,111
64,822,802
21,463,516
21.442,750
21,108,723
20,533,198
Bid.
Ask.
BOSTON.
Atch. A
do
do
Tcpeka 1st m.7s
land grant7e 117*
2d 78
12a*
123
130
do
land Inc. bs..
Boston A Maine 7s
noBton a
64,832,766
65.740,522
65,329,678
12,199.880
12,154,016
12,122.670
12,138,642
12,161.925
12.154,778
12,178,215
12,209.230
12,215.485
12.195,371
12,186,549
12,213.234
12,243,730
42,801,363
36,101,306
45,720.122
39.159.731
33.304.761
30,405,504
36.143,128
36,873,476
44,444,519
39,199.700
42 653.045
42,963,778
42.851.093
45,341,760
Fitchburg UR., 6s
do
7p
Fort Scott A Gulf 7s
Hartford A Erie 7e
Aan. City Top. & V\
is, 1st
109
42*
42;*
117*
7s, inc.. 107
&5% 90
115
City. St. Jo. AC. B. Is.
Little R’k A Ft. Sir.iib,7«,lst 105
105*
New York A New Eng. Is
do
do
.K. City Lawrence A So. 4s...
.
OodPnafnirg A Lake Ch.Ss...
Bid.
8KOTTEITIII8.
Ask.
Old Colony, 7b
ild Colony, 6s
120
Pueblo & Ark. Valley, 7s
Rutland 6s,1st mort
114% 114*
97
122*
93
Vermont «»>Canada, new 8s..
Vermont A Maas. RR.,6s
STOCKS.
Albany 7s
do
6s
Boston A Lowell 7e
d >
6s
boston A Providence 7s
burl. A Mo., land grant 7s.... 116
do
Ex
Nebr. 6s
109
do
Nebr. 6s
103
Conu. A Pas8uinp8lc, 7b, 1897. ?13%
Eastern, Mass., 4*s, new. ... 99% 100
lJS*
90
Portsmouth
Palace Car
Pullman
Rutland, preferred
Vermont A Massachusetts..
Worcester A Nashua
40% Phil. A Read, scrip, 1882
do
In. m.7s, cp,1826
24%
123%
122
27
50
58^reg.,
„„
Philadelphia, 5s reg
6s, old, reg-.....do
do 6s,n.,rg., prior to 95
do 6s,n.,rg.,1895 A over
do 48, various
do
23
57
6s,gold.reg... ...
7s,w’t’rln,rg. Acp.
»
7s, str.imp.,
do
reg.,’83-86.
N. Jersey 6s, reg. and
do
exempt, rg.
105
• • • •
90
122
105
coup...
A coup.
125
stocks.t
Atlantic.
pref
do
pref
do
do
new
47
41
Delaware A Bound Brook....
East Pennsylvania.
Elmira A Williamsport.......
pref..
do
do
Har. P.
Mt. Joy A Lancaster.
Huntingdon
n
A Broad Top...
do
do pref.
Lehigh Valley.
Little
Atchison & Topeka
129fc 129%
Boston A Albany.
153*4 >454
94
Boston ALowel;
Boston A Maine.
141% 143
Boston A Providence
52
Cheshire preferred
Chic. Clinton Dub. A Min.... 83
Chic. A W. Michigan
71%
' 71
19
Cin. Sandusky A Clev
19%
92
Concord
150
Connecticut River
69
70
Conn. A Passumpslc
.
Eastern (Mass.)
35% 36
Eastern (New Hampshire)...
132
Fitchburg
111
Fort Scott A Gulf, pref
do
common.
52%
K.O. Law. & Southern.Ex.R
Little Rock A Fort Smith
56%
Manchester A Lawrence.... J57
Nashua A Lowell*
127%
...
57
do
Phtl.AR.Coal&Iron deb.7s.92
do
deb. 7s. cps.off
..
Schuylkill...,
JUnehill
34
51
1*%
55%
47*
50%
Lehigh Navlga. m.,6s, reg.,’84
do
mort. RR., rg ,’97
m. conv.
8%
54
51%
r%
PittsburgTitusv.A Buff.....
pref.
do
Paul &
do
DuluthR.R. Com
'32%
pref.
do
25
0*1
102% 183
United N. J. Companies
32
Chester consol, pref....
West Jersey
CANAL STOCKS.
32
Chesapeake A Delaware
Delaware Division
Lehigh Navigation
W*
50
163
Morns
do
pref
Susquehanna
35%
103%
8%
"9%
•-•
RAILROAD BONDS.
3-10s, 1896.. 121
7s, E. ext., 1910 1C3
Inc. 7s, end.,’94. 82
Allegheny Val., 7
do
do
Belvidere Dela. 1st m. ,6s,1902.
do
2dm. 6s.’85..
do
3dm. 68,’d7..
Camden AAmboy 6s,coup’83
do
6s, coup., ’89
do
mort. 6s, ’89
Cam. A Atl. 1st m. 7s. g., 1893
do
2d m. cur. 7s, 1879..
v
Burlington Co. 6s,’97.
Catawlssa 1st,7s, cony.,
chat, m., 10s,
do
do
new
82...
’88
..
110
104
100
105
110
116
38
108
118
118
112
'84
80
98%
99,
08
105%
87%
105
107
100
105
g.,
reg.,494
80
90
108
115
108
6s, defenee, J.& J...
Maryland
do
6s, exempt, 1887
do
6s, 189U, quarterly..
do
5s, quarterly
Baltimore 6s, 1S84, quarterly.
do
6s, 18S6, J.& J
do
6s, 1890, quarterly...
do
6s, park, 1890,Q.—M.
do
6s, 1893, M.& S
Balt. A Ohio
100
do
1st prtf
do
2d pref
do
Wash. Branch. 100
do
Parkersb’g Br. .50
Northern Central..
50
Western Maryland
... .50
Central Ohio
50
109
110
110
100
107
111
116
116
116
118
120
120
116
122
169
118
115
150
6%
38%
109
103%
104%
119%
119%
128
m.,6s,rg.,1923
Cincinnati 6s, long
t
do
7b
t
do
1-308
t
do
South. RR. 7*308.1
do
6s,
gold.t
do
Hamilton Co.,
ao
6s,cp.,19^3 ii4%
Little Schuylkill, 1st m.7s’82 108
North. Penn. 1st m. 6s, cp.,*85. 103
2d m. 7s,cp., ’96. 118%
do
117
do gen. m. 7a, cp., 1903. 114
do gen. m. 7s, reg., 1903 114
io’o*
Oil Creek 1st m. 7s, coup.,’8L
Jt*itt8b. Titusv. A B., 7s, cp.,’96 82
do
Scrip
Pa.AN.Y.C.A RR.7a,1896.... 12C
123
do
1906
Pennsylv., 1st m., 6s, cp., ’80.. 102
do
gen. m. 6s,cp., 1910.
do
gen. m. 6s, rg., 1910.
do
cons. in. 6s, rg., 1905. 119
cons. m. 6s. cp., 1905. 119
do
do
Navy Yard 6s, rg,’81
ioo%
....
122
123
107%
*106*
Penn. Co , 6s. reg
86
Perklomen 1st m.6s,coup.,’9i
Phlla. A Erie 1st m.6s, cp.,48l. 101% 102
do
2d m. 7s,cp.,’S8. 114% 115
Phlla. Newt’n A N.Y.. 1st m.
Phlla. A Read. 1st m.6s, ’43-’44 lid
do
do
M8-.49. 100
do
2d m., 7s, cp.,9<. 119 - 120
23
32
do
deben., cp., ’93'
do
do
cpsofc. 38
•
In default,
f Per share.
108
116%
117
121
121
121
122
117
125
170
120
110
"7%
33*
45*
Mar. A Cin. 7s, ’92, F. A A ... 114%
do
80%
2d, M.AN
40%
do
8s, 3d, J.AJ
Union RR. 1st, guar., J. A J.. 115%
do
Canton endorsed. 115%
109
115
125
127
111
107
105
do
5s,perp
Harrisburg 1st morL 6s ’83...
H. A B. T. 1st m. 7s, gold, 90.
do
1st m. 7s, id. g.’89
do
2d m. 7s, gold, ’95.
do
2d m.f J.scrlpg.,78
do
3d m. cons. 7s,’95*.
IthacaA Athens 1st g d, 7s.,’90
J unction 1st mort. 6s, ’82. ....
2d mort. 6s, 1900 ...
do
Lehigh Valley, lst,6s,cp., 1898
do
do reg., 1893...
do 2d m. 7s, reg., 1910..
169
75
RAILROAD BONDS.
Balt. A Ohio 6s, 1885,A.AO.... 106% 108
N. W. Va. 3d m.,guar.,’85,JAJ 107% 110
117
Pittsb.A Connellsv.7s,’98,JAJ 110
Northern Central 6s, ’85, JAJ 108
6s. 1900, A.AO. 113
*115
do
do 6s, gld, 1900, J.AJ. 112
Cen. Ohio 6s, lstm.,’90,M.A S. 110% ill
W. Md.6s.lst m.,gr.,’90,J.AJ. 117
ii*2*
do
1st m., 1890, J. A J.... 108
do
2d m.,guar., J. A J.... 117
105
iio
do
2d m., pref
do 2dm.,gr.by W.Co.JAJ 110
do 68,3d in., guar., J.A J. 119
O., 6s. long...t
7s, 1 to 5 yrs..t
do
7 A 7*30s,long.1 120
Cin.A Cov. Bridge st’k, pref. 150
89
Cin.Ham. A D. cons.63,19.5 + 105%
7s, 1905 + 110
do
2dm. 7s, ’851 104
do
Cin. Ham. A Ind., 7s, guar. .+ 105%
+ 106
Cin. A Indiana 1st m. 7s
do
2d m. 7s, ’?7. .4 103
07% Colum. A Xenia, 1st m. 7s. ’90 +107
Dayton A Mich. 1st m. 7s, ’813 101%
104%
do
2dm. 7s,’84.+ 105
do
3d m. 7s, ’88+ 103
120
Dayton A West. 1stm.,’81...1
1st m., 1905.1
do
do
1st m.6s, 1905 +105
i'16% Ind. Cin. A Laf. 1st m. 7S....+ 105%
do
(I.AC.) 1st m.7s,’88+ 106
Little Miami 6s, ’83.
+ 103
Cin. Ham. A Dayton stock...
91
85
108
120
*90
8
45
5
117
do
84
99
IOO
41%
CINCINNATI.
106
1900-1904......
Chartlers Val., 1st m. 7s,C.,190. 106%
Delaware mort., 6s, various.. 115
Del. A Bound Br., 1st, 7s, 1905 115%
East Penn. 1st mort. 7s, ’88 .. 108
El. A W’msport, 1st m., 7s, ’80. 109
con.
*85
112
105
117
104
11?
Connecting 6s,
do
do
118%
,
122
115%
7s 1900
05
108%
gold, ’97—
m.7s, rg.,1911 107% 108%
Morris, boat loan, reg., 1885.. 140
Pittsburg A Connellsvllle..50
Pennsylvania
Schuylkill Navigation.... ...
do
pref...
82%
40
45
mort.
do
00% 00%
68,exempt,’93,M. AS.
Pennsylvania.
1?
do
6s, 1900, Q — J
17%
Philadelphia A Erie
do
20%
6s,1902, J.A J
20%
Pnlladelphla & Reading
do
160% lOf
5s, 19i6, new
Philadelphia A Trenton
00
Norfolk water, 88
Phtla.Wllming. A Baltimore. 17
BAILROAD STOCKS. Par.
St.
120%
cons.
BALTIMORE.
104
Norristown....
North Pennsylvania
Union A Titusv. 1st in. 7s, ’90.
United N. J. cons. m. 6s, ’94..
Warren A F. 1st m.7s,’96.....
West Chester cons. 7s, ’91
West Jersey 6s, deb., coup.,’8E
do
1st m. 68, cp.,’96.
do
1st m. 7s,’99
do
cons. 0s, 1909
...
Western Penn. RR. 6s,cp.’9Sx
do
6s P. B.,’r
04*
26% Pennsylvania 6s,coup., 1910.. ioo
Schuylk. Nav.lst rn.6s.rg.,’97.
10
do
2d m. 6s, reg., 1907 73%
do 6s, boatAear,rg.,13I3 60
60
do
7s, boatAcar.rg.,1915
99%
Susquehanna 6s, coup.. :9;8 .*
56
Nesquehonlng Valley
mort., 7s, 1892-3
do
do
do
25
pref
5<r
CANAL BONDS.
railroad
Catawlssa—
..
Chesap. A Dela. 1st 6s, rg.,’86
Delaware Division 6s, cp.,^.
126%
Harrisburg City 6s, coupon..
qo
.
Stony Creek 1st m.7s 1907...,
Sunb. Haz. A W.,lst m.,5s,’23.
101% Sunbnry A Erie 1st m.7s, ’97..
Syra.Gen.A CornV,lst,l6,19(J5
Texas A Pac. 1st in ,6s, g.,1905
do
cons. m.,6e,g.,1905
112
do
lnc.&l. gr.,78 1915
108
Camden County 6s, coup
Camden City 6s, coupon
do
7s, reg. A coup.
Delaware 6s, coupon
Camden A
6s, 1903
6s g., 1837...
7s, !3y3*
7s, coup, off,’93
m.
conv.
Phlla. WUm. A Balt. 6s. ’84....
Pitts.Cln.&St. L. 7e, cou.,1900
do
do
7s, reg., 19;I1
Shamokln V.& Pottsv. 7s, 1901
Steubenv. A Ind. 1st, 6s, 1884.
125
Pittsburg 4s,coup., 1913.....
do
5s, reg. A cp., 1913.
t en.
do Imp. m.
127
Allegheny County 5s, coup...
Allegheny City 7s, reg.
lo
do
ro
Ask.
58
do cons. m. 7s, cp.,191!.. 120
do cons. m. 7s, rg.,191l.. 120
do con8.m.6s.g.l.l911. . 103
do
STATE AND CITY BONDS.
Penna. 5s, g’d, lnt.,reg. or cp.
do
5s, cur.,reg ....
do
1S82-1832. .... 102*
do
5s, new, r eg., 1892-1903 115
do
68,10-15, reg.,l*77-’S2.
do
68,15-25. reg., 1S82—*92. i06%
do
6s, In. Plane, reg.,18»9
Bid.
SECURITIES.
110
PHILADELPHIA.
Cam. A
Agg. Clear.
QUOTATIONS IN BOSTON. PHILADELPHIA AND OTHER CITIES.
8KOUBITIK8.
Old Colony
Portland Saco A
23%
Etc.-Continued.
Ask.
West
series of weeks past:
1880.
“
1,750,400
are as
Banks.—The following are the totals of the Boston
Boston
9..
16..
previous week
Inc. $1,231,400 |
Dec.
Inc.
Legal tenders
banks for
returns of
Ogdensb. A L. Champlain ...
do
pref..
780,300
00.475,200 317.043.300 05 013.900 13,159.300 300.831.000 19.700.090
The deviations from
Ne w York A New England...
Northern of New Hampshire 105
150
Norwich A Worcester.;
1,100
8.493.700
2,524.600
1.347,100
88,400
Bid.
lo'
Average amount of
Capital.
PHILlOELPim,
CON*
SECURITIES.
ment of business on October 23, 1880 :
Banks.
[VOL. XXXI.
115
106
112
ioe
•
• •
104
ib*2
106
106
104
93
Columbus A Xenia stock
135
Dayton A Michigan stock....
do
8. p.c. st’k,guar
54
131
131
i32*
104
100
104
104
104
104
104
104
106
106
Little Miami stock
LOUISVILLE.
f
Louisville 7s
+
do
6s,’82 to’87
+
do
+
6s, ’97 to ’98
do
water 6s,’87 to’89.1
do
water stock 6s,’97.1
do
,...1
wharf 6s
do
spec’l tax 6s of ’89+
do
water 6a, Co. 1907 +
53
do
Jeff. M.AI.lst m. (IAM) 7b,’81+
do
2dm., 7s
1
do
1st in.,7s, 1906....1
Loulsv.C.ALex. 1st m.7s,’97t
Louls.A Fr’k.,Louftv.ln,6s,’8!
Loulsv. A Nashville—
Leb. Br. 6s, ’86
+
1 st m. Leb. Br. Ex. 7s,’80-85.+
...
Lon.In.
do
6s,’93...+
106
106
106
106
L0S% 108%
IOO
100%
100
107
101
107%
115% 116
110%
110
105
106
105
105
105%
106%
Jefferson Mad. A Ind. stock. 103
+ And Interest.
■5*5*
105
October
449
THE CHRONICLE
30,18S0.1
QUOTATIONS OF STOCKS AND BONDS IN NEW YORK.
Prices represent the per cent value, whatever the par may be.
U. S. Bonds and active Railroad Stocks are quoted on a previous page.
BONDS.
STATE
Ask.
Bid.
SECURITIES.
Ask.
Bid.
SECURITIES.
Bid.
SECURITIES.
SECURITIES.
Bid.
Rhode Island—6s,coup.’93-9
South Carolina—
115
Ask.
Ask.
A
Alabama—Class A, 2 to 5
A
2 t.n
...
5, small
Class B, 5«
Class H, 2 t,o 5
Arkansas—0s, funded
7s, L. Rock A Ft. Scott iss.
78, Memp. A L. Rock RR .
7s, L. R P. B. A N. O. RR.
7s, Miss. O. A R. It. RR...
7s, Arkansas Central RR.
69* Missouri—Os, due 1882 or ’83
0s, due 1880
0s, due 1887
80
0s, due 1888
6s, due 1889 or ’90
9
Asylum or Univ., due ’92.
Funding, 1894-95
id*
Hannibal A St. Jo., 1880..
9
do
do
1887..
9
New York—0s, gold, reg.,’87
6s, gold, coup., 1887
6s, loan, 1883
0s, do 1891
0s, do 1892
6s. do
1893.
49* North Carolina—0s, old.JAJ
0s, old, A.A O
68*
70*
91*
77
12*
8*
9
....
....
dnnneet.ient.—0s
Georgia—0s.
7s, new
7sj endorsed.
7s,’ gold
Louisiana—7s, consolidated
Mlehipan—0s, 1883
7s, 1890
•
106
no
no
112
41
....
*j
...
1st
1st
ist
ist
1st
do
pref.
do
71
200'
35
40
Consol, bonds
Extension bonds
1st mortgage
45'
§30*
Sinking fund
Memphis A Charleston
8tonington
Terre Haute A Indianapolis
Texas A Pacific
do trust certif.
do
Toledo Peoria A Warsaw
United N. J. RR. A Canal
Warren
110*
118
173
§27*
124*
133
127
§22
§78*
§35*
Syr. Bli gh. & N. Y., 1st, 7s
Wells, Fargo A Co
American Coal
American Union Telegrai
Boston Land Company...
Boston Water Power
Canton Co., Baltimore—
Caribou Consol. Mining
Central Arizona Mining....
Central N. J.Land Imp
Climax Mining
Colorado Coal* Iron
Consolidation Coal of Md..
Cumberland Coal & Iron....
Dead wood Mining
Excelsior Mining
Gold A Stock Telegraph....
Homestake Mining
La Plata Mining
Leadville Mining
Little Pittsburg Mining ...
Mariposa L’d A Mining Co.,
do
do
pref.
Maryland Coal
....
118
63
118*
03*
52* 54
113 " 115
....
Pennsylvania Coal
Pullman Palace Car....
Quicksilver
do
....
•
'Income
Sinking fund
Joliet A Chicago, 1st m.
Louis’a A Mo., 1st m., guar
2d 7s, 1900.
do
fit. L. Jack. A Chic.. 1st m.
Miss.Riv.Bridge,lst,s. f,6s
33
5s, sinking fund
0s, 1917, registered
Keok.A Des M., 1st, g., 5s.
Central of N. J.—1st m., ’90.
1st consolidated
do
assented.
Convertible
•
assent’d
§8
•
•
....
33"
§2*
....
1*7" 20"
212*
120
12
26*
•
....
....
do
do
107*
107*
....
,,,,
•
•
•
•
....
•
•
•
•
....
.
-
.
•
•
•
•
....
31
31
33
33
off, J. A J.
coup,
1808
do
....
111
Hi
coup,
off, A.AO.
Funding act, i860
...
New bonds, J. A J
do
A.A O
Chatham RR
Special tax, class 1
do
class 2
do
class 3
Consol. 4s, 1910
Small
115
115
90
90
11
11
19
19
1
2
2
2
34"
125
124'
125*
1232 120*
103*
117
118*
103*
94
1
114
104*
114*
no'
107
111
1st mortgage, 1891
do
extended
do
Coup., 7s,’94
do
Reg. 7s, ’94
1st Pa. dir., coup., 7s, 1917
do
reg., 7s. 1917 .
Albany A Susqueh., 1st m.
do
2d mort
do
1st con., guar
111
111
125
125
123
123
107*
107
.23
120
117
132
3d mortgage, 7s, 1883
4th mort. Ext., 5s, 1920...
oth mortgage, 7s. 1888
1st cons, gold7s, 1920
105
•
•
•
•
....
....
69*
112*
132*
11*8
99*
104
113* 114
•
72 *
41*
122*
103
+112
107*
105*
112
Consol. 6s, 1905
Income and land gr’t. reg.
1st Rio Gr, Div., 6s, 1930.
:118
120
do
do
2d
3d
m..
m..
113
96*
79
81*
do 1st
do
suppl.
do
109*
no*
2dgtd.7s, ’98
Rome Wat. A Og.—Con. 1st.
St. L.A Iron Mount’n—1st m
2d mortgage
Arkansas Br., 1st mort
Cairo A Fulton, 1st mort.
Cairo Ark. A T., 1st mort.
St. L. Alton A T. H.—1st m.
.
+liT“
105
115
+
....
124*
123*
117*
*
r
,
t
t
.
.
f
n
»
♦98*
74*
ss*
91*
128
4119
95*
97"
108
HI?"
99*
■
.
•
•
1
*
118
108"
99
112"
.
„
....
•
•
+ And accrued interest,
....
t No price to-day; these are latest
ay
1
err
7a
Kansas A Nebraska—1st m
2d mort
Long Island—1st mortgage
do
2d mortgage
Midland of N. J.—1st, new
quotations made this week.
2d mortgage
St. Jo. A Western stock
St.L.VandaliaA T.H.-lst m
2d mortgage, guar
South Side (L. 1.)—1st mort
Union A Logansport—7s
U. Pac.—South Branch
(Brokers' Quotations.)
STATES.
So.Carolina—Con., 6s (good)
cons
.1
South Carolina consol.....
Virginia coupons
do
consol, coupons..
....
05
83
78
80**
65*
<1
85
5^
42
60*
71*
85*
57*
44"
42
80
467*
75**
57
73
07
89
78*1
75*
W-
45
103
110
105"
108
90
104
102
91
21
65
110
108**
96**
22
75
115
110
105
85
•
•
•
Charl’te Col.A A.—Cons., 7s
mortgage, 7s
Stock
East Tenn. A Georgia—0s..
E.Tenn.A Va.—0s,end.Tenn
E. Tenn. Va. A Ga.—1st, 7s.
Stock.,
••••
Georgia RR.—7s
97
108
109
40
6s
Stock
Greenville A Col.—7s, 1st m.
7s, guar
31
110
05
74
10*
n«
40
45
18
10*
90
85
79
30
83
40
21*
22*
115
107
108*
99
105
no
104
99
102
98
101
102*
106
40
10
90*
,
20
92
107
114
103
107
94
44
100
100
113
110
104
106
108
104
104
110
115
106
no
96
45
105
115*
120
105
tio*
Macon A Aug.—2d, endors
Mem phis A Cha’ston—1st,7s
2d. 7s
Stock
100
108* Mississippi Cent.—lstm. 7s
107
109
127
110
109
no
110
no
114
114
110
112
95
107
107
2d mort., 8s
Miss. A Tenn.—1st m.,
1st mortgage, 8s, B
N. O. A Jacks.—1st m.,
Ss, A
8s.
Certificate, 2d mort., 8s.
Norfolk A Petersb.—1st, 8s.
1st mortgage, 7s
•2d mortgage, 8s.
Northeast., S. C.—1st m., 8s.
2d mortgage, 8s
Rich.A Dan.—1st ccnsol-, 6s
Southw. Ga.—Conv ,7s, ’80.
Stock
69* S. Carolina RR.- -is
m.,
7s.
Stock
7s, 1902, non-enjo* sed —
40*
Non-mortg. bonds
82*
115
West Ala.—1st mort., 8s....
2d mort.. 8s, guar
95
Western N. C.—1st m., 7s,..
53
•
95
00
no
75
34
112
75
70
85
50
105
73
RAILROADS.
Ala. AChat.—Rec’rs ctfs.var
Atlantic A Gulf—Consol....
Cent. Georgia—Cons, m., 7s
Stock
2d
•
....
•
107
107
9
99
99
112
Texas—0s, 1892
M.A S +108
7s, gold, 1892-1910 .. J.A J + 115
95*
7s, gold, 1904
J.A J. + 117
Virginia—New 10-40a..
40* 41
Past-due Coupons.
20
10
74* Tennesssee State coupons.
108* 109*
108*
109* 110
107
107*
....
•
1 of-
Brown
.
•
8*
98*
98*
Southern Securities.
110
«...
109"
Consolidated 8s
Stock
Galv. Hous.A H.—7s, gld,’71
Gr’nd R.AInd.—lst.7s,l.g.gu
1st, 7s. Id, gr., not guar...
Income, “A”
,
do
“B”
N.Y.AGreenw. L.—lst,Ts, n
81*
do
2d.
New Jersey So.—1st, 6s, new
105
....
*'
gr’t
97*
....
*
-7s.
80
*
-
7s, equipment
Evansv. A Crawfordsv.
Flint A Pere M.—8s, I’d
103* 103* St. Joseph A Pacific—1st m
104
Cleve. A Pitts., consol., s.f. 4123
do
4th mort...
98*
Col. Chic. A I. C., 1st con..
do
2d con...
do 1st Tr’t Co.ctfs.ass.
do 2d
do
ass.
St.L. Va.AT.H., 1st g.7s,*97
do
2d 7s, 1898
97
120
113* 114
99* 99*
1C8
103*
-
125* 120*
^
....
Air-L—1st m. +105
35
Chic.A Can. So.—16t m.,g.,7s
Chic. A E. Ill—S. F.c’y 1907 101
Chic.A Southwest.—7s, guar 112
95
Cin. Lafayette A Ch.—1st m
Cin.A Spr.—1st, C.C.C.AI.,7s 108
115
lstm., g’d L.S.AM. S.,7s.
Erie A Pittsburg—1st m., 7s +100
100
Con. mortgage, 7s
2d mortgage
Indianap.A Vine.—1st,7s, gr
Pennsylvania RR—
Pitts.Ft.W.A Chic., 1st m. 4139
do
do
Evansv. div. Inc. 1920 .,
St.L.I.M.AS.—1st 7s,prf .int.
2d int., 6s, accum’lative
Indianapolis A St.L.—1st, 7s
105*
do Equipm’t 7s, ’95
South Pac. cf Mo.—1st m.
Texas A Pac.—1st, 0s, 1905.
113*
108*
4116*
t
■
118
St.L. A S.F.,2d Os.class A.
do
3-0s, class C
do
3-0s. class B.
do lst0s,Peirce,CAO
.
RAILROADS.
119* 120*
Registered, 8s
.
01*
Bost. A N.. Y
San Joaquin Branch.... 4J.05
4105*
Cal. A Oregon, 1st..
State Aid bonds....
Land grant bonds..
110*
Western Pacific bonds..
99*
South Pac. of Cal.—1st m.
114
Union Pacific—1st mort.
115
4113
Land grants, 7s
Sinking fund
.
(Broker*' Quotations.)
1920..
Central Pacific—Gold bds.
32*
32*
20
20
20
91
60
27
Miscellaneous List.
Ohio Cent., 1st m., 0s, 1920.
do 1st Ter’l Tr.,0s,192O
Peoria Dec. A E’ville, 1st 0s
Evansv. div.,1st 0s,
Pacific Railroads—
Leh. A Wilkes B.Coal—1888
Lake Erie A W’n—Inc.7s,’99
Laf. Bl.A Mun- Inc. 7,1899
MobileA O.—1st pref. deben
2d pref. debentures
3d
do
4th
do
N.Y.LakeE.AW.Inc. 08.1977
N.O.Mob. ATex.deb.se.,1930
Ohio Central—Inc., 1920....
Peoria Defc A E’viDe—Incs.
....
0s, 1887
0s, real estate
6s, subscription
v.,
N. Y. C. AHud., 1st ra.,cp
lstm., 6s, ’95, withcp.ctfs
120
4120**
Ill
Mo.K. A T.—Cons. ass..1904-0
2d mortgage, inc., 1911 —
H. A Cent. Mo., 1st., 1890.
Mobile A Ohio—New m., 0s
Nash. Chat. A St. L.—1st 7s
N. Y. Central—0s, 1883
1st m., 0s, ’90,
do
Den. Div. 0s ass. cp.ctf
do
1st consol. 0s
Pacific RR. of Mo.—1st m.
2d mortgage
.
114 "
114
109
110
109
nt. A Dec.
A Sp’d. 2d Inc.Inc
Ind’s
Gt. Northern—2d
Equipment bonds....
6s, 1909
....
•
•
40
BONDS.
AND
....
*
•
....
no
l8tmort., West. Div., 7s..
1st mort., Waco A N., 7s. +108*
14
114
115*
2d C., Main lino, 8s
113
114
2d Waco & N., 8s
106
2d mortgage, pref
Inc. and ind’y, 7s
98*
26*
498
income
do
Ul.Cent.—Dub.ASioux C.lst
Belleville A So. Ill., 1st m
Dub. A Sioux C., 2d div...
11'i" St. P. M. A Manit’a—1st, 7s. lii'
Cedar F. A Minn., 1st m
101
2d mort., 6s, 1909
Ind. Bl’m A W.—1st, pref. 7s 117
79
1st mort., 7s, 1900
79* Tol.Peo.AW —
42*
142
Pur. Com. rec’pts, Ist.E.D
2d mort., 1909
60* 68
4140
1st mortgage, W. D
Ind’s Decatur A Sp’d 1st 7s 103* 103*
100
Burlington Div..
Int. A Gt North. 1st 0s,gld
105*
70’
1st prer. inc. for 2d mort.
Lake Shore—
70
108*1
Mich S. A N. Ind., s. f., 7s. nil*
lstpref. inc, for consol...
95
11'i
Wab.St.L.AP.,gen.,0s392O..
Cleve. A Tol., sink. fund..
107
Wab. RR.—Mortg. 7s of ’79. 101*
do
72*
new bonds.
113
42
T.AWab., 1st ext.7s,
113*
Cleve. P’ville A Ash., 7s
1st St. L. div.7s,ex mat.cp. 107
Buffalo A Erie, new bds... 121
103"
2d mortgage ext., ex coup
108*
Buffalo A State Line, 7s.. +102
Kai’zoo A W. Pigeon, 1st.
114*
Equipment bonds, 7s, 1883 430
100
Consol, conv., 7s
Det.Mon.A T., 1st, 7s.’19O0 117"
112”
Gt. Western, 1st m., ex cp 111
Lake Shore Div. bonds... 119
125
127
do 2d m.,7s,’93,ex cp 108
do
cons, coup., 1st
124
do
cons, reg., 1st.,
Q.
A
Tol.,
1st, 7s, ’90,ex cp. 107*
119
106
Ill.A So. Ia., 1st m.7s,ex cp 4102
do
cons, coup., 2d.
119
Hannibal A Naples, 1st <s
do
cons, reg., 2d
St.L. K.C. A N.R. E.A R.,7s 109
128" Loui8V. A Nash.—Cons.m.,7s 117 117*
Omaha Div., 1st mort., 7s 111
2d mort. ,7s, gold....
107*
....
93
125"
108
Clarinda b., 0s, 1919
Cecilian Branch, 7s
N.O. A Mob.,lst6s. 1930..
St.Chas.B’dge.lst, 7s, 1908 100
102*
99"
North Missouri. 1st m., 7s 120*
E. H. A Nash., 1st 6s, 1919 100
105
118
Gen. mort., 6s, 1930
105* West. Un. Tel.—1900, coup. 120
120
Nashv. A Decatur, 1st, 7s. U13
1900, registered
110* L. Erie A West—1st 6s, 1919 104* 105* Spring.Y’yW. Works—1st 6s
Laf. Bl.AMun.—1st 0s. 1919 105*
Oregon R. A Nav.—1st, 0s.. 106*
95
INCOME BONDS.
Manhattan Beach Co. 7s, ’99
89
105
Central of N. J.-1908
112* N.Y. A;Man. Beach lst7s,’97
75
Chic.St.L.AN.O.—2d m. 1907
Marietta A Cin.—1st mort..
46
1st mort., sterling
Col.Chic.AInd.C.,inc.7s,1890
100*
113
Metropolitan Elev—1st.1908 103* 103* Cent. Iowa coup, debt certs. 81
C.St.P Jk M’s L. Gr.,In.6s,’98 113*
113
2d 0s. 1899.... ±90
do
91
Chic.A East’n Ill., Inc.,1907.
Mich, Cent.—Cons., 7s, 1902
53
Ind’s BI. A W’n—Inc., 1919..
1st mort., 8s, 1882, s. f
+106"
*
.
Kansas Pac.—
111* 112*
4110
Long Dock bonds
Buff. N.Y.A E, 1st m., 1910 4124*
90*
N.Y.L.E.AW.,n.2d,con.,6s
do 1st, con., f, cp.,7s 122*
do 2d,con.,f.cp.,Ss,0s *91*
Han. A St. Jos.—8s, conv...
Hous. A Tex. C.—1st, m. l.,7s
.
3*
38
6s, new
6s, new series
Virgina—0s, old
6s, new, 1860
6s, new,’ 1807
6s, consol, bonds
6s, ex matured coupon....
2*
6s, consol., 2d series
6si deferred
D. of Columbia—3'658,1924.
Registered
Funding 5s, 1899
do
registered
.
2*
>* **
....
no
Collateral Trust, 0s
136
115
Rens.A Saratoga, 1st,coup 131
do
1st, reg. 4131
Denv. A R. Grande—1st, 1900 111
do
1st cons. 7s. 1910 103* 103**
Den. S. P. & Pac.,1st 7s,1905 108*
125
Erie—1st mort., extended.
106
2d mortg., ext’n 5s, 1919..
125"
*
97*
.
do
1st m., reg
Huds. R., 7s, 2d m., s.f.,’85
Canada South., 1st, int. g.
Harlem, 1st m., 7s, coup..
do
1st m., 7s, reg—
N. Y. Elevated—1st, 7s,1900
Nevada Central—1st m. 0s.
Ohio A Miss.—Consol, s. f’d
Consolidated
2d consolidated
1st m., Springfield div
*107
4130
Non-fundablc
....
103*
STOCKS
^ .
21
21
2
78
Ohio—6s, 1881
0s, 1886
.
Tennessee—0s, old
78^
....
42"
0s, Act Mar. 23, 1869. ?
.
Mich. Oen.—Continued
120
120
120
120
.
Am. Dock A Impr. bonds, 111
do
assented 112
Chfc.Mil.A St.P.—lst.8s P.D H34*
120
8d mort.. 7 3-10, P.D.,1898
Prioes nominal.
•
§U"
do
assented
no*
112
Adjustment, 1903
Lehigh A W. B., con., g’d.. +105
do
*
....
Chic. Bur. A Q.—8 p.c., 1st m +110
Consol, mort., 7s
Chic. Rk. l.A P.—0s, cp.,1917
*
§23"
Stock Exchange Pi'ice*.
Chicago A Alton—1st mort.
8"
15
Railroad Bonds.
Balt. AO—lst0s,Prk.b.l919
Bost. H. A Erie—1st m.,
1st mort., guar
Bur. Ced.R. A North.—1st, 5s
Minn.A St. L., 1st, 7s, guar
Iowa City A West’n,lst 7s
Central Iowa, 1st m.7s, 1899
Chesap.A O.—Pur. m’y fund
0s, gold, series B, int. def.
0s, currency, int. deferred
....
7"
pref
Silver Cliff Mining
Standard Cons. Gold Mining
03"
§50* *
Montauk Gas Coal
N.Y.AStraits^illeCoalAIron
Ontario Silver Mining
32 '
Oregon Railway A Nav. Co. §xl28
111
Morris A Essex, 1st m
2d mort...
do
do
bonds, 1900 4102
4102
construct’n
do
115
7s of 1871.
do
119
1st con., g’d..
do
Del.AHud.Canal—1st m.,’84 4108
,
31
•
.
120
Peninsula, 1st m.,conv..
122*
Chic. A Mil., 1st
110
Winona A St. P., 1st m. .
217*
2dm...
do
125
C. C. C. A Ind’s—1st, 7s, s. t
114
Consol, mortgage
C. St.L. A N. O.- Ten. lien 7* 4112
114
1st con. 7s
101* 101*
C. St. P. Minn.A; O’aCons.0s
Ch.St.P.A Mm.,1st 03.1918 108*
105
N. Wise.. 1st M., 6s., 1930
105
St. P.A Sioux C.lst 03.1916 105
101* 102
Del. Lack. A W.— 2d mort.
114
7s, convertible...
Mortgage 7s, 1907
100
Adams Express
American Express
United States Express....
*
registered.
Iowa Midland, 1st m., 8s.
Galena A Chicago, exten
do
124
112
110
Coupon gold bonds
Registered gold bonds...
Louisv. N. Alb. & Chicago..
N. Y. Elevated
N. Y. New Haven A Hartf.
N. Y. Ontario A West.,pref.
Peoria Decatur & Evansv..
Pitts. Ft. W. A Chic., guar.
do
do
spec’l.
Pitts. Titusville & Buffalo..
Rensselaer A Saratoga
Rome Watertown & Ogd...
fit. Paul A Duluth
do
do
pref
fit. Paul Minn. A Man
m.,
Int. bonds
Long Island
Metropolitan Elevated
no*
109
MISCELLANEOUS
7s. $ g’ld, ft.D.,1902
m.. La C. Dir., 1893...
m., I. A M\ 1097..
m., I. A D., 1899...
m., C. A M., 1903..
Con. sinking fund, 1905..
2d mortgage, 1884..,
1st m., 7s, I.A D.Kxt.,1908
3.-west div., 1st 6s, 1909.
1st 5#, LaC. & Dav., 1919
1st So. Minn. div. 6s, 1910
1st m.. H. A D..7s, 1910..
Chic. & Pac. div., 0s,1910.
Chic. A Northw.—Sink, f’d
Albany it Susquehanna —
Boston A N. Y. Air L., pref. 5 42
Burl. Cedar Rapids & No...
69
68
Cedar Falls A Minnesota... 119*
Central Iowa
30*
do
1st pref
75
do
2d pref
Chicago A Alton, pref
§142*
Cin. Ind. St. L. & Chic
91
88
Clev. A Pittsburg, guar—
126
Frankfort A Kokomo.*;
Harlem
Ind Bloom, it Western
Intern’l & Gt. Northern....
Keokuk A Des Moines
AND
Ch.Mil.A St.P.—Continued
Railroad Stocks.
(Active previously quoted.)
67'
108
108
.
No. Car. RR., J. A J
do
A.A O
....
RAILROAD
Dubuque & Sioux City
N. Carolina.—Continued..
103
107*
irii'
no
39* 4*6*
114*
102
101
no
124
115
100
108
106
105
11
85
40
111
111
101*
i No quotation today; latest sale this
108
112
lid*
12
90
44
114
114
103
week.
450
THE CHRONICLE
NEW YORK
Capital.
SECURITIES.
Stock List.
Bank
Companies.
LOCAL
[VOL. XXXI.
Insurance Stock List.
latest
dates. §
[Quotations by E. 8. Bailey, Broker,7 Pine Street.]
Pbice.
Dividends.
Surplus
at
U
Mark’d thus (*)
are not Nat*.
Amount
Period
Net
Bid. Ask.
Last Paid.
1878. 1879.
Capital.
Companies.
100
100
100
25
Broadway
Butchers*& Dr. 25
100
Central
100
Chase
25
Chatham
100
Chemical
25
Citizens’,
100
City...
100
Commerce
100
Coatla *mal
Corn Exch’ge*. 100
25
East River
25
11th Ward*
100
Fifth
Fifth Avenue*. 100
100
First
100
Fourth
30
Fulton
50
Gallatin....
7-)
Am.'
German
German Exch.* 100
100
Germania*
25
Greenwich*
America*
Am.
Exchange.
Bowery
3,000,000 1,579.700 J.
5,000,000 1.524,4')0 M
250,000
J99,500 i.
1,000,000 1,252.500 .1.
300,000
2,000,000
& J.
&N.
& J.
& J.
95 0.)0 J. & J.
366 200 J. & J.
300,000
78.900
450,000
164.900
300,000 3,427 800
600,000
174.600
1,000,000 1,5' 5,6. u;
5.000,000 2,838,900
1,000,000
232,100
1,000,000
8-4,400
250,000
65.600
100,000
14,1 IK)
150,000
45,100
100,000
233.300
500,000 2 222.390
3,200,00c 1.011.900
600.000
387,200
1,000,000
739,7 r750,000
77.600
200.000
72,60';
200,000
76.030
22 20u
200,000
100 1.000,000
Hanover
279,3'.(!
100
1,500,00*1 1,946,600
Imp.& Traders’
50
500,00) 142.990
fO
100,000
city*.
4,400
Leather Manuf. 100
600,000 449.500
Manhattan*..
50 2,050,000 ’.,024.1.90
Marine
100
400,000
124,400
Market
100
500,000 2?3 809
Mechanics’
25 2,000,000 1,030 300
Mech. Assoc’n
50
500,000
83,700
Mech’ics & Tr. 25
42,500
200,000
Mercantile
100 1,000,000
206,900
Merchants’.
50 2,000,000
709,300
Merchants’ Ex. 50 1,000,000
177.200
100
Metropolis*.
300,000
62,3<)0
Metropolitan
100 3,000,000 1,078,6; K)
76.900
Murray 11111*.. 100 100,000
.
8
6
11
16
0
10
10
0
T_
7
3
0
100
0
10
8
7
.
J. & J.
0
81 -m ’ly 100
6
J. & J.
JO
M ,&N.
1. & J.
8
J. & J.
F & A.
io
J. & J.
3k
J. & J
0
J. & J.
....
..
i— j.
V,
I. & J.
M .&N.
A & (9.
F. & A.
May.
r
$
-
M .&N.
1. & J.
J. & J.
J. & J.
J. & J.
J. & J.
F. & A
J. & J.
I. & J.
J. & J.
M .AN.
IsJanf
.
M .&N.
J. & J.
J. & J.
1. & J.
J. & J.
J. & J.
Si .&N.
J. & J.
J. & J.
F. & A.
J. & J.
J. & J.
J. & J.
•J. & J.
Q- F.
J. & J.
J. & J.
J. & J.
..
.
..
Nassau*
New Yen*
N. Y. Couutv..
N. Y. N. Exeli.
Ninth
No. America*..
North River*.
Oriental*
Pacific *
Park
...,
People’s*
Phentx
Produce*.
Republic
St. Nicholas...
Seventh Ward.
Second
Shoe & Leather
Sixth
State of N. Y..
Third
Tradesmen’s...
Union
West Side'....
100 1,000,000
100 2,000,000
100
200,000
100
300,000
100
750,000
70
700,000
30
240,000
25
300,000
50
422,700
100 2,000,000
25
412,500
20 1,000,000
50
125,0:0
100 1,500,000
100
500,000
100
300,000
! 00
300,000
100
500.000
100: 200,000
100
800,000
100 1,900,000
40
50
100
1,000,000
1,200,000
200,000
73,700
747,7(90
40,400
84.200
162,400
158.900
66.3(0
175.700
226,500
637.900
122.900
206,000
.
.
696 200 F. & A.
136 300
53,600 J. & j.
108 500 J. & J.
16<;.3( 0 J. & J.
50.000 J. & J
267,100 VI .& N.
176.600 J. & J.
279 500 J. & J.
785,400 M ,&N.
117,7t0 J. & J.
July,
5
3
0
7
14
8
5
6
7
14
8
3
11
8
8
7
3
...
7
8
2
10
12
5
7
8
8
9
12
5
8
8
...
•
*
...
....
4
4
3
""
***
•
.
*
*•
3
3k
85
130
0
8
0
....
.
0
•
•
.
«k
3
....
3
9
10
0
7
3
,,t|
8
8
6
7
7
8
12
7k
10
8
85
102
98
100k
Lorillard
151
100
141
140
105
93
128
3k
102
3k
4
3k no
3
5
4
3
v
3k 114
,3k
3J?
108
5
0
....
...
the National banks
and.City Railroad Stocks and Bonds.
fGas Quotations by George H. Prentiss. Broker, 19 Broad Street. 1
o
Gas Companies.
Par.
Date.
Amount. Period.
25
20
....
1.C00
50
20
50
100
Vr.
100
Jersey City & Hoboken
Manhattan
Metropolitan
ao
certificates
Mutual, N. Y
do
bonds
1,000
Nassau. Brooklyn
25
do
scrip
New York
People’s- (Brooklyn)
Bonds
Bonis
Central oi
Va
100
10
.
1,000
Williamsburg
Var.
50
50
do
1,000
New
York
bonds
Metropolitan, Brooklyn
100
100
Municipal
Var.
Var.
A.&O.
315,000
1,850.0(X) F.&A.
750,000 J. & J.
4,000,0(9) 1. & J
2,500,000 M & S
1,000,000 M.& S.
2,000,000
1,200,000
.
5,000,000 Quar.
1,000,000 F.& A.
1,000,000 Var
700,000 M.&N.
4,000,000
1,000,000
37- ,000
125,000
466,000
1,000,000
1,000,000
1,000,000
1,500,000
'
do
bonds
Fulton Municipal
M.&N.
J. & J.
M.&N.
M.&N.
F.& A
Bid. Ask.
.
5
May, •80 105
2k: Aug., ’80 01
7
3
1898
Feb.
8
5
Ju
1*82
214 £61)., >0
3*4 £av. ’80
4
Nov., ’80
3H Jan.. ’76
lk
A.ft 0.
M. &N.
2k
’ioo /l,50),0001
e.
Ang., ’80
Bit Aug., ’80
Ik Ju y. ’eO
Quar.
750 0O0 M. &N.
100
70
150
180
128
100
65
10)
45
95
105
28
95
75
50
60
’78
“k July, ’8»
7
6
3
6
5
8
.
1897
1900
Ju y, ’80
July. ’80
1900
101
July, ’60 60
Sept., ’80 178
1888
105
!
65
I
100
1,000
100
900.000 J. & J.
694,000-1 J
J.
2,100,000 Q-J.
■
&
1,500,000 •J.&D.
2,000,000 Q—F.
1,000
300,000 M.&N.
100
200,000 Q—T100
400,000 A.&O.
1,000
Brooklyn City—Stock
10
1st mortgage
Broadway (Brooklyn)—Stock
Brooklyn & Hunter’s Pt.—St’l
.
1st mortgage bonds
j 1,000
Bushwick Av. (B’klyn)—Stock.
100
Central Fk. N. & E. niv.—Stock
100
Consolidated mort. bonds
! 1,000
Christopher & Tenth St.—Stock ■
100
! 1,000
Bonds
300.000 I. A J
500,000 J. & J.
1,800,000
Q-J.
1,200,000
650,0(0
250,000
1,200.000
•J.&D.
F.& A
J. & J.
1O0
Dry Dock E.B.& Batt'ry—Stock
Q F
1st mortgage, consolidated
500&c
900,000 J. & D.
100
Eighth Avenue—Stock
1,000,000 Q-J.
1st mortgage
203.000 J. & J.
1,000
100
42d St. & Grand St. Ferry—St’k
748,000 M.&N.
1st Mortgage
1,000
236,000 A.&O.
100
Central Cross Town—Stock
600,000
1st mortgage
1,000
200,000 m!&n.
Houst AVest St.& Pav.F’y—St’k
100
250,000 |l
1st mortgage
500
500,000 !S. & .1.
100 1,199,500 J. & J.
Second Avenue—Stock
3d mortgage
1,000 j 150,000 A.&O.
Consol, convertible
1.000 1,050,000 M.&N.
Extension
00&c.f 200,000 M.&S.
J00 l 750,000 M.&N.
Sixth Avenue—Stock
1st mortgage
1,000 ! 500,000 J. & J.
100 2,000,000 Q—F.
Third Avenue—Stock
1st mortgage
1,090 2,000,000 J. & -T
100
Twenty-third Street—Stock.
600,000. F. &A
..
.
1st mortgage
•
1.009
This column shows last dividend
on
250,0001 M.& N.
7
7
3k
7
3
2
7
2k
2
7
8*
7
7
5
7
5
7
4
7
50
50
50
50
50
250,000
soojooo
200^000
1,000,000
300,000
200’000
200/)10
200,000
204,000
150,000
200,000
t,000j)00
1,000,000
200,000
200i000
200,000
150/900
500,(890
200,000
3,000,000
If 0.000
500,000
200,000
200/900
200,010
150/K90
280,000
150,000
200,000
150 000
356!66o
300,000
t
200,000
250,000
200,000
150,000
200,000
200,000
200,000
200,000
200,000
371$
35
New York Fire 100
N. Y. & Boston 100
New Y"ork City 100
50
Niagara
North Elver.... 25
Pacific
25
100
Park
Peter Cooper... 20
50
People’s
50
Phenlx
Relief
50
Republic
t 100
25
Rutgers’
St. Nicholas
25
Standard
50'
Star
100
!00
Sterling
25
Stuyvesant
Tradesmen’s.... 25
United States.. 25
10
Westchester...
Willlam8b’e C. 50
*
210,000
200,000
200,000,
300,000
500,000
350,000
200,000
200 000
150,000
200.000
1
000,000
200,000
300,000
200/900
200,000
200,000
500,000
200/900
200,000
300,000
250,000
300,000
250,000
1880.*
1877. 1878. 1879.
509,510 15
lOJs
70,593 10
421.280 20
10
20
18
20
20
10
11
14
10
20
20
310/140 20
20
218,712 20
20
487,598 20
171,757 17^ 10-72
12
103,725 18
N’ne
2,800 5
18
83,872 25
1,159,601 12-50 13-40
506.418 20
20
10
72,971/ 14
10
91,889 15
137.200 15
15
10
70,602 12
11
12
73,739
144,427
926,950
807,368
124,407
350,187
23,833
132,682
730,285
43,714
1.366.888
2,244
150,228
74,418
11,179
292,229
197,190
7,817
115,730
07,097
12,480
243,251
io
..
Aug.,‘8.0 170
July, ’90 194
Aug.,*90 120
100
May. '93 105
1112
130
stocks, but the date of maturity of bonds.
Julv, ’80.
510
8^
10
20
5
14
10
10
13
5
12
10
20
16
10
10
5
July, ’80. 5
Ju y, ’80. 4
Mar., *80 5
July, ’60.10
Jan.. '79. 5
Ju y, ’80. 5
July, ’80, 5
Ju'y, ’80. 4
July, *80. 5
July, ’HO. 4
July, *80. 0
•July, ’80. 5
■July, *80. 0
Ju;y, 80. 7
July, *80. 5
Ju y. *80. 5
July. ’80. 5
10
.
.
.
....
55
200
125
140
97
60
105
180
...t
195
95
100
120
97
100
113
145
140
110
250
00
....
160
80
130
50
110
90
05
130
183
55
110
97
.
....
100
105
100
120
145
115
?<$
135
170
90
135
114
100
70
141
191
.
•
•
*
120
105
80
120
75
142*4
105
155
•
•
••
•
•
•
125
•
#
•
•
160
too
100
115
00
70
100
•
,
•
•
220
114
180
115
125
80
75
00
130
80
.
•
•
•
•
••
•
1?5
110
[....
Prior.
Interest.
Rate.
to
Mouths Payable.
Bonds
due.
Bid. Ask.
York:
Vater stock
1841-63.
jroion water stock..1845-51.
do
..1852-60.
do
IrotoD Aqued’ct8tock.l865.
do
pipes and mains...
io
repervoir bonds—
Central Paik bonds. .1853-57
do
..1853-65
no
Jock bonds
1870
do
Jarket stock
1‘75
.1865-68
mprivemeutstock.... 1869
do
(io
...,18t9
lonBOlldated bonds
Itreet imp. stock
21
102
Oct... VO 100
105
July, ’84 103
105
170
Aug., ’80 165
no
Nov., ’8 > 102
Oct., ’SO 140
150
O t., ’30 j 95
100
1888
|102k 105
100
July, ’30' 90
Oct., ’30 105k 107
Deo. 1902 108st 112
80
Aug.,’80: 75
1*98
100
110
160
Aug., ’80 140
115
June, ’93 110
Oct.
’80 ■65
180
I a ij
’81 100
no
180
May, ’80 170
115
Apr., ’93 no
30
35
Nov.1904 100
105
30
July, ’94 100
!05
hi)
July, ’80 75
Apr , ’So 109
!02k
May, ’88 101
102»^
Sept. ’83 9?k 100
M iV. ’77 150
115
Ju’y, ’90 no
10
10
10
10
10
10
10
10
20
5
120
102
195
195
19)
195
120
[Quotations by Daniel A. Moran, Broker, 27 Pine Street.]
104
i
’80. 4
'80. 5
City Securities.
72\4
} 75
July,
July,
June,
Aug.,
Bid.
70
118
70
30,208
10
12
135
198,503
100
10
140/112
145
211,480
20
20
20
150
160,213
10
10
75
36,101
13
10
120
174,024
10
12
115
103,650
20
155
20
108,505
July. 80, 7
10
10
102.5(9
July. *80. 5 100
15
150
20
318,877
JU.y, ’80 5
12
14
120.H20
Aug., *80. 5 105
50
N’ne
11.882
N’ne 5
19/509 10
July, ’80. 3*4 65
12
11
570.973 12
Ju.y, ’80. 7 155
(>ct
8
10
1C8
112,831 11
*80. 4
20
30
409,080 20
July. ’80.10 220
Ju y, ’80. 0
12
12
108
95,537 20
20
20
201/188 20
July. ’HO. 8 175
12
12
105
Jui
98,114 18
’80. 5
10
15
452/^7 20
July, ’80. 5 120
10
10
75
34,600 10
JHy. ’80. 5
5
70
23,118 10
8J« July’ ’so.
20
20
155
Ju y’ ’80.10
190,294 20
9
50
10
Fe ’ ’80. 3
—6,040 10
170.3 31 11235 0-23
9-73 iu!y, ’80.0*23 125
135,014 17MJ 12^ 12
July, ’80. 5 107
10
35,182 10
8Mj Au* , ’80. 3J$ 70
14
115
10
lu y. ’80 5
143,3*2 10
10
102
10
94,865 20
July, ’80. 5
12
11
221,374 10
July, ’80. 5 12(1
10
10
122,904,10
Aug., ’80. 5
20
20
437,314 20
Uuly, ’80.10 200
160
185
131
70
104
50
100
106
3)
ioo
85
01
05
104
02
180
110
Last Paid.
’80.10
’80. 8
Juiy. *80.10
July. ’80.10
Aug., *80. 5
July. *80. 5
July, ’77. 5
10
July, ’80. 4
13-65 July, ’80.0-92
15
Oct., ’30. 7^
10
July, ’80. 391
10
Aug.. ’80. 5 '
15
July. 80. 7*$
8J4 July, *80. 39j
11
July, *80. 5
7
July, ’80. 0
10
July, ’80. 5
14
July, ’SO. 5
10
July. ’80. 5
30
July, ’SO. 7fc
7
inly. ’80/8
12h' July, ’80. 5
20
July, ’80. 5
10
'uly. ’80. 5
10
July, *80. 5
9% Jan., ’79. 3mi
10
22
10
;jo
7
30
20
40
10
20
10
10
10
10
12
12
13
10
20
10
20
10
10
20
10
12
20
30
20
10
20
18
20
14
20
17
Prior.
Over all liabilities, including re-inBurance, capital and scrip,
Surplus Includes scrip.
Mlnm sign (—; indicates Impairment.
04
105
Sf-July, ’>0 18
*J’ly,190o! 98
2k'
3
7
3
7
6
*
210.000
li.3
[Quotations by H. L. Grant. Broker. 145 Broadway.]
Bleecker St. & Fult. Ferry—St’k
1st mortgage
Broadway & Seventh Av.—St’k
1st mortgage
Mech’ics’(Bkn)
*
*
Brooklyn Gas Light Co
Citizens’Gas Co <Bkhn)
do
bonds
Harlem
25
National
N. Y. Equitable
4
3
Mech.&Trad’rs
....
2k
4
153J900
300,000
25
Mercantile..
Merchants’
Montauk (Bkn)
Nassau (Bklyn)
103
100
200;000
Manuf.& Build. 100
Manhattan
100
.
3*4
400,000
200,000
300,000
.
12t
2k
’80.
Ju y, *80.
Nov., ’80.
•tuly, •80.
July, ’80.
July, ’80.
July, ’74.
Aug., ’80.
Juiy, ’80.
July. ’89.
July, ’8').
)u.y, '80.
July, ’80
Nov. *80.
Ju y, ’80.
July. ’80.
Nov.. ’80.
Juiy, ’80.
....
3k
’80. 4
Juiy, ’80. 4
Ac g. ’80. 3k
July,
.
....
3J*
July, ’80. 3
7
8
10
0
7
3
r
•
Juy, ’80. 3*
....
10
10
....
.
+ 50
American Kxch 100
25
Bowery
25
Broadway
17
Brooklyn
Citizens’. ...1
20
70
City
Clinton
100
Columbia
30
Commercial
50
Continental., t 100
40
Eagle
Empire City.... 100
30
Exchange
50
Farragnt
17
Firemen’s
Firemen’s Tr.. 10
Franklln&Emr- 100
German-Amer. 100
50
Germania
50
Globe
25
Greenwich
Guardian
100
Hamilton
15
Hanover
50
Hoffman
50
Home
100
25
Hope
Howard
50
Importers’* T.. 50
100
Irving
..
Jefferson
* 30
Kings Co.(Bkn) 20
Knlckerbockei 40
Lalayette(Bkn) 50
100
Lamar.. \
25
Lenox
LongIs).(Bkn)t 50
...
80
•
7
4
3
5
July,
5
....
142
3k 120
July, ’80. 3
May. ’80. 3
S The figures in this column are of date Oct. i, 1380, for
and of date September 18.1880, for the State banks.
Ga*
2k
Juiy, ’80. 5
7%
....
•
...
.
5k July, ’80. 3
7
July, ’80. 3k
....
•
...
5
3
3
•80.
’80.
’80.
’79.
May, ’79.
July, ’SO
3
7
6k
•
4
7k July,
8
July.
4
Nov.,
July,
0
•
133
*76.
*80. 3
•80.
Aug., 80.
'80.
May,
May, ’80.
’80.
Ju y, ’80.
July, ’80.
July, ’80.
Ju y ’80.
July, ’80.
Aug., ’80.
Ju y, ’80.
Amount
American
July, ’80. 5
July, *80. «k
Nor., *■>0. sh
2k
.
120
4
3
3
5
7k net.,
•
3k 110
5
8
3* 107
80. 5
July, ’•SO. 4
139
July. ’80. 3k 115
Aug. ’SO. 5
July
t
120
0
7
0
117
July, *S0. m
0
...
.
-
3J/e liO
Nov.
10
-
Par.
3k
ept. ’80.
Juiy. ’80.
Sept. ’80.
July, ’80.
3k
12
10
7
•80.
Nov. ’80.
July, ’80.
July, ’81.
J u y, ’80.
J uly, •so.
7k July,
Dividends.
Surplus,
Ju y 1,
var
var
do
do
*ew Consolidated
Westchester County
var
lonsolldatei
...
5
5
do
do
do
0
0
7
0
5
0
7
0
7
0
7
0 g.
do
do
do
do
May & November.
May & November.
do
do
do
do
do
do
do
do
do
do
7
6 £•
7
5
do
do
do
May & November.
Feb., May, &ug.& Nov.
0*
5
Isses ment
Feb., May Aug.& Nov
January & July.
do
do
Quarterly.
May & November.
100
100
104
100
112
118
108
115
125
115
1898
1894-1897 127
107
1889
1890
115
1901
122
107
1888
102
1882
115
1890
122
1894
107
1920
102
rm
1880
101
1890
1883-1890
1884-1911
1884-1900
1907-1911
1898
1895
1901
107
10D
120
l2|5
120
109
no
120
110
128
108
110
123
J08
105
110
123
109
103
[Questions by N. T. Beers, Jr., Broker, 1 New St.]
brootciyn—Local nu ir’ern’t—
City bonds
do
Park bonds
Water loan bonds
"Bridge bonds...
Waier loan
'
..
City D0UQ8
“do
do
Bridg"
•All Brooklyn bonds flat.
7
7
7
7
7
0
0
7
«
8
0
January & July,
1o
Jo
do
d6
do
do
do
do
do
do
uo
do
May & November.
do
do
t/ttLiudr^'
j uiy •
do
do
1880-1883 02k 108
118
18o3-lb91 107
1915-1924 132
185
1900-1924 128
1904-1912 129
1880-1902 109
1881-1890 102
1880-18X3 100
1880-1X85 114
IW&t
Jersey City—
=■
18C9-71
Improvement bonds
Bergen bends
1868-19.
1U7
1 9 1
119
!•
[Quotations by C. Zabbiskie, 47 Montgomery St., Jersey
Watei loan long
do
»
1907-1910 110
130
131
118
110
111
11«
7
7
7
January & July.
January & Juiy.
J. & J. and J & D.
January and Juiy.
e
City.]
1C2
1895
1869-1902 ill
103
105
104
100
189’.- 94
1900
112
105
,
THE CHRONICLE.
30,1880.]
October
■Evansville & Terre Hante (formerly Evansville & Cravrfordsville.)
%nvzstmmt8
AND
{For the
STATE, CITE AND CORPORATION FINANCES.
The Investors’ Supplement contains a complete exhibit
Funded Debt of States and Cities and of the StorJcs and
of Railroads and other Companies.
Saturday of every other month—viz., February,
August, October and December, and is furnished
charge to all regular subscribers of the Chronicle.
of the
company
April, Jane,
without extra
Single copies
The
gross
also owns 23 miles north of Terre Haute to
The traffic for the year was as
REPORTS.
Per passenger per mile
Per ton per mile.....
ending August 31, 1880.
earnings (main line) were from the following
The
earnings for the
y;ear were as
Passengers
Freight
-
-
Express
Mail
-
1878-79.
$139,193
816,457
15,700
$108,018
668,381
15,600
Miscellaneous
Total
$1,020,794
-
.
Passacrc
Freight
Mail, express, etc
$831,899
1
Operating expenses
Taxes.
1878-79.
$631,349
$594,734
$642,665
$605,478
11,315
-
Total (62 95-100 p. o.
1879-80.
of earnings)
Net earnings
Per cent of exitenses
10,744
66,700
7,384
Rental of depot grounds
Interest on loans.
-
6,345
1878-79.
$184,137
472,318
41,761
$156,904
380,718
29,536
14,165
17,604
$712,383
499,127
$584,763
403,909
$213,255
70 01
$180,854
&
6907
$213,255
$81,762
50,871— 132,633
$80,621
1,970 tons of steel rails,
making 68 miles of steel track. Since the close of the year 373
tons more have been laid, and 400 tons have been contracted for.
A new lease of the Rockville Division has been made to the
Terre Haute & Logansport Company. *
The report says : “ The bonds issued for the construction of
this (the Rockville) division—of which there were $125,000 out¬
$1,020,794
11,315
173,160
Rental of leased lines
:
1879-80.
Surplus to income account
There
$631,349
3-54c.
l-55c.
Dividends, November and May
:
-
3-25c.
l-46c.
Net earnings
Interest on bonds and loans
cent. Net earnings, 1879-80, $378,129;
1878-79, $237,164 ; increase, $140,964, or 59 44-100 per cent.
The result of business in the fiscal year is stated briefly as fol¬
Taxes.
Interest on bonds
21,588,862
The increase in expenses results chiefly from the advance in
the prices of steel rails, which cost, after deducting the value
of old rails taken up, $43,500 more this year than last.
The payments from net earnings were as follows:
Increase of 5 7-10 per
Earnings (main line)
Operating expenses
32,451,033
Total
Compared with the preceding year the operating expenses
and taxes (main line) were as follows:
,
130,853
4,380,930
352,107
Expenses
earnings, 22 7-10 per cent.
Increase in gross
1878-79.
189,734
5,641,430
452,854
Rents
10,875
29,023
10,531
38,971
1879-80.
follows
4
1879-80.
:
.*.
sources:
lows
follows
Passengers carried
Passenger mileage
Tons freight carried
Tonnage mileage
Average receipts:
Chicago & Eastern Illinois.
For the year
ending Aug. 31,1880 )
Rockville, leased to the Terre Haute & Logansport Company,
the revenue of which appears under rents.
sold at $2 per copy.
ANNUAL
year
The annual report of this company shows that the main line
from Evansville, Ind., to Terre Haute, 109 miles, with the
Ovvensville Branch, 6 miles, were operated for the year, making
115 miles in all.
The
Bonds
It is published on the last
are
451
896,255
were
laid during the year
standing—matured Aug. 1, 1880. To provide for the payment
$124,538 of these, for the refunding of our main line 7 per cent bonds at
Expenditures account of construction
$77,928 a lower rate of interest, and for the payment of our floating
Expenditures account of new equipment
85,849 indebtedness incurred in the purchase of equipments, etc., the
The Evansville Terre Haute & Chicago Railway was leased board at its regular meeting on April 7, last, authorized an
issue of $1,500,000 consolidated first-mortgage 6 per cent bonds,
by this company May 1, 1880, since which time it has been secured
by a deed of trust on all the property of the company
operated as the Terre Haute Division. The earnings of this
division from May 1 to Aug. 31 were $117,491 ; operating ex¬ except the Rockville Division, which is now free of incumbrance.
The deed of trust was accordingly executed and the bonds then
penses, interest, taxes, etc., $135,734 ; deficit, $18,242. Since issued
bearing date of June 1, 1880, payable July 1, 1910, and
taking possession of this Division there have been placed in the
rack 34,848 oak ties and 676 tons (7 7-10 miles) of steel rails all bearing interest at the rate of 6 per cent, principal and inter¬
included in the operating expenses, as shown above. Large ex¬ est coupons payable at the office of the Farmers’ Loan & Trust
in the city of New York. Of these, $892,000 have
penditures will be necessary on the same account the coming year Company
been deposited with the Farmers’ Loan & Trust Company, to
to put the property on an equal footing with that of the Main
Line Division. The operating expenses have been as low as be exchanged for a similar number of main line bonds now out¬
could be expected, considering the largely-increased tonnage standing or for their payment when they become due; $258,000
have been sold; and the remaining $350,000 are deposited in
handled, there being an increase in expenses over last year’s of
but 5 7-10 per cent, as against an increase in tonnage handled bank, designed to be executed and sold as the future necessities
of the company for construction of branch lines, etc., may
of 25/12 per cent. The expenses of maintenance of cars have
been heavy, on account of the poor condition of many of the old require.”
Grand Trunk (Canada).
cars and the severe test that they have been put to enable the
company to handle the traffic offered during the past year.
{For the half-year ending June 30,1880.)
In regard to the entrance into Chicago, the report says that,
This company’s report includes the operation of 1,273 miles.
owing to the delay occasioned by the litigation between the
Lake Shore and the Chicago & Western Indiana railroads over Comparisons are made with the corresponding half of 1879,
the question of crossing the tracks of the former company at when the mileage worked was 1,390 miles, the company then
Sixteenth Street, in this city, the Eastern Illinois still continues owning the Riviere du Loup Division, since sold to the Canadian
Government.'
to use the Pittsburg Cincinnati & St. Louis Railway for an
The operations of the Canada trunk lines are interesting to
entrance into the city.”
The company has also during the year made arrangements readers in the United States, inasmuch as they are parallel
for the construction of a branch—seven miles—from Danville to, roads to our own trunk lines.
The earnings, etc., for the half-year were as follows :
the valuable coal fields of Grape Creek, in Vermilion County
1879.
1880.
Illinois, and a lease in perpetuity of the road. This, it is hoped,
£832,869
£991,992
will materially add to the revenue of the main linei Arrange¬ Gross receipts
634,423
675,345
.V
ments have also been made with the Chicago & Western Working expenses
£316,617
Indiana to build from South Englewood on its line to South
£198,446
Net earnings
12,980
10,434
Add interest on Intel-rational Bridge capital..
Chicago, and to grant the right of use of the line to the Add interest on
10,167
Chicago
&
Grand
'irunk
bonds
Eastern Illinois. This will enable the company to reach that
'
Net
earnings main line
growing manufacturing district with its coal. Both of these
lines will be shortly
GENERAL BALANCE SHE ;et,
Cost of road
New construction
New equipment
1st mort. bonds owned.
Material on band, shops
Material oil hand, road.
Fuel on hand...
Cash on hand.
Cash in transit
Due from agents and
conductors'
Cap. st’k iss’ed $327,100
do
scrip
5,954— $333,054
150,433
Istmort. bonds
3,000,000
Income bds,. .$706,900
do
scrip
7,429— 714,329
Bills payable, etc
97,663
Due for cui rent expend¬
itures
99,978
Due other companies
31,320
75,000
24,852
101,977
577
63,502
18,336
24,597
Due from U.8. P.O. Dcp.
Due from Am. Exp. Co.
Bal’ce in hands Tr'st Co.
Miscellaneous assets
...
Sinking fund I.Ii.C. RR.
Rental E. T. II. & C. Rail-
2,702
1,600
1,292
6,906
$4,511,680
way to Aug. 31
Excess of disbursem’ts
Balance.*.
(Receiver)
Net balance to credit of
income account
Total
204,956
$4,511,680
£337,248
£210,988
68-08
7617
:
1880.
892,825
1,428,103
Average receipts per passenger
;
69
Average receipts per ion
1171sd.
The apportionment of expenses was as follows
1879.,
.
Passengers
freight
Tons
|
188
438
—
The traffic carried was as follows
2,105
750
23,750
£211,426
£337,218
and military bonds not retired..
Per cent of expenses
..
Coupons matured
53,985
companies
august 31, 1880.
$3,803,426
182,488
Due from ot her railroad
Total
Total
Deduct postal
completed.
year:
Maintenance of property, per
Working the road..
Total
.
’
,
♦
for the
1880.
cent of expenses..— 24-44
;
.
Expenses include all renewals of road and
The income account was as follows:
845,627
1,224,838
66d,
llO^d.
half1879.
25-80
43*64
50-37
68*08
761
equipment.
7
452
THE CHRONICLE.
Net balance as above
Interest and rentals
£337,248
214,761
Net balance for the half-year
Brought forward from previous half-year
£122,487
1,440
1
Total balance
£123,927
Out of this balance
dividend for the
[Vol. XXXI.
possession of the roads and complete their construction, as pro¬
by which the two companies named were
organized. Acting upon this decision, Commissioners were ap¬
pointed on the 28th to inspect the section of the Atlantic & Pacific
road just completed, ana should the same
appear to have been
constru cted and equipped as required by law, it will
be accept¬
ed, and patents will be issued for the lands thus earned.
vided in the acts
half-year at the rate of
5 per cent per annum on the first preference stock has been
Brooklyn Elevated Railroad.—The stockholders, creditors
paid, absorbing £80,374 and leaving a balance of £43,552. As
regards the appropriation of this balance of £43,552, the board and a few bondholders of the Brooklyn Elevated Railway Com¬
resolved, after obtaining the opinion of eminent counsel on the pany held an adjourned meeting at the offices of the company,
Arrangements Act of 1873, to pay a dividend on the second No. 48 Wall Street, on Wednesday. The Times report says
preference stock for the half-year at the rate of 3 per oent per that Mr. William Strauss, Chairman of the committee appointed
at the previous meeting, made a report, in which he said that
annum, absorbing £34,893, and leaving £8,659 to be carried for¬
ward to the current half-year. This dividend will accrue to the the committee had waited upon various
bondholders, or their
holders of second preference stock registered in the books of representatives, and had been refused their co-operation.
And,
the company on October 4, and the warrants will be payable, as owing to their inability to get at the contractor’s books,
the
committee had been obliged to make up
already notified, on November 1.
their figures from
The Chicago & Grand Trunk Railway was opened for traffic various sources. From what they could learn it would
appear
from temporary stations in Chicago to Port Huron on February that the whole $5,000,000 of capital stock had been
registered,
a
8; and, under the decision of the American Board of Arbitra¬
tion, 10 per cent of the freight traffic and 6 per cent of the live¬
stock traffic out of Chicago have since been awarded to that
railway. Its access to the proposed permanent stations in
and that $1,652,320 of it is in the hands of the Receiver, who
also holds $1,590,800 additional with which to redeem outstand¬
ing scrip, making $3,243,120 in his possession. The amount of
according to the statement of the Farmers’ Loan
Chicago has until recently been retarded by legal obstructions. and Trust Company, was $1,078,000, in addition to which the
These having at length been removed, increased facilities for Trust Company holds $125,000, $9,000 of this
being under con¬
trol of the Receiver as assets. The amount of bonds not issued
passenger and freight traffic will be afforded.
and available on the foregoing basis is $2,431,000,
Great Western of Canada.
making the
total of stocks and bonds available $4,083,320 ; and,
according
(.For the half-year ending July 31,1880,)
to the Engineer’s estimate, the cost of
completing and equip¬
This company’s report covers 527 miles. The income or
ping the road for running five-minute trains, but without per¬
revenue account was as follows:
manent stations, is only $2,321,081 34.
Mr. Strauss also offered
the following estimate made by the Auditor of the condition of
1880.
1879.
Gross receipts
Working
expenses
Net earnings
Interest, loss oh leased lines, etc...
Balance
Balance from previous
£437,433
301,228
£365,771
276,971
£136,205
£88,-00
98,972
103.145
Cr. £33,060
1,787
Dr.£10,172
3,912
Surplus or deficit
Sur. £34,847
Per cent of expenses
Def.£6,260
68-86
75-72
half-year...
•An agreement having for its object the acquisition of traffic
from the Southwest by connecting with the Wabash St. Louis &
Pacific Railway, via Toledo, was reported and approved at a
special meeting of shareholders held on Dec. 11, 1879. Since
tnat period the Detroit Adrian & Southwestern
Railway Com¬
pany has been incorporated, and a road is now in course of
construction between the cities of Detroit and Butler—a
point
on the Eel River section of the Wabash
system—which will, in
connection with the Great Western Railway, materially shorten
the route from St. Louis and other southwestern
points to New
York and the northern Atlantic ports. The new
railway will
have its terminus at Detroit, in the depot of the Detroit Grand
Haven & Milwaukee Railway Company. An agreement has been
negotiated with the Wabash St. Louis & Pacific Railway Com¬
pany for the conveyance of through traffic by this newr route,
and will on completion of the railway be substituted for the
previous agreement. By this arrangement a direct connection
will be formed with the Wabash system, from which the
directors anticipate a considerable increase of traffic.
The operations of the Detroit Grand Haven & Milwaukee
Railway from Nov. 14, 1878, to Dec. 31, 1879, resulted in a net
revenue surplus of $50,557, and the directors have now
to
announce that a dividend of 3 per cent on the share
capital,
amounting to $45,000, or £9,247, has been paid and placed to
the credit of the Great Western Company.
GENERAL INVESTMENT
NEWS.
Atlantic & Pacific.—The press despatches from
Washing¬
ton, October 2S, report that the Attorney-General has made an
important decision touching the legal right of the Atlantic &
Pacific Railroad Company to public lands
by reason of con¬
tinuing the construction and equipment of its road under the
act of Congress organizing that
company.
The Atlantic &
Pacific Company has been succeeded
by the St. Louis & San
Francisco Railroad Company, but for the
past nine years no
addition has been made to its road-bed and
fctrack, and there¬
fore no claim could be made upon the Government
for lands,
the grant being contingent
upon the construction and equip¬
ment of the road.
Recently, however, the St. Louis & San
Francisco Company began the construction of the Atlantic &
Pacific road from its western
terminus, and having con¬
structed
fifty miles of road made] application to have the
same
inspected by United States Commissioners, pre¬
paratory to having the same accepted by the Govern¬
and public lands transferred to the
as
lands earned under the charter of the Atlantic & company
Pacific Com¬
When this application was made at the Interior Depart¬
pany.
ment, the question arose as to whether the land grant of the
Atlantic & Pacific Company had not been forfeited
by reason of
the failure of the company or its successors
to complete the
road within a given period of time. This
ment,
bonds issued,
the road
on
Oct. 27
:
LIABILITIES.
First mortgage
bonds
Stock outstanding
Bills payable, per ledger
Scrip for bonds
Unpaid bills, per bookkeeper’s file
Due laborers and employes
Various debts, estimated by Engineer
Claims tiled with Receiver, not noted above
Total
1.... $1,069,000
3,347,680
32,640
217,700
16,906
6,138
79,330
12,301
•:
:
$4,781,696
ASSETS.
Cash paid for material and labor..
Value of material purchased by bonds and notes
Real estate (cash paid thereon)
Due from contractor for company’s notes advanced to him..
Value of cars in excess of amounts paid therefor
Passaic
Rolling Mill for iron, payment secured by
$50,000 bonds
$10,088
Value of
Value of
Value of
Value of
8,050
32,614
5,650
rails in excess of payments
43,730
lumber, secured by bonds
22,000
foundation stones, not yet settled for.... 12,000
other items not yet settled for
1,600—
Furniture, safe, &c., in New York office
W. F. Bruff, for cash turned over by him to former treasurer
.
Total
was
$637,686
24,993
89,418
1,800
50,260
$850,477
submitted to the meeting, as follows :
Dr.
To 879 bonds
To scrip
To loans
r.
$879,000
163,050
87,230
Total
$1,129,280
Cr.
foundation
fixtures
rents
J
real estate
engineering and salaries since 1874
iron structure
interest, discount and commission
By compromise claims
By construction account
By suspense account
By expenses (office, legal, stationery, <fcc.)
By tools, machinery, &c
By
By
By
By
By
By
By
By rails and equipments
on account
Total
$164,735
3,597
2,305
9,597
105,868
416,165
156,291
32,431
90,371
102,002
26,776
2,646
16,496
$1,129,280
One of the stockholders asked whether they could not
go on
and complete the road without the co-operation of the bond¬
holders. Counsel for the Receiver answered in the negative,
but added that if action were not taken very soon the Receiver
would proceed on his own account. After other discussion,
further time was given the committee to secure
co-operation
from the bondholders toward completing the road, and the
meeting adjourned until Friday.
Butler & Detroit.—The Northwestern Ohio and the Butler
& Detroit Railroad companies have filed articles of consolida¬
tion. The name of the company is the Butler & Detroit Rail¬
road Company. It is now engaged in the construction of a line
of railroad extending from Butler to Detroit, Mich.
It is
proposed to ultimately consolidate with the Detroit Butler &
Company, when its line of road will be completed.
The capital stock of the new
company is equal to the combined
stock of the two companies forming the new one.
According
to the terms of consolidation, all the liabilities of the two
expir¬
question was referred ing companies are assumed by the new one, and each share of
to. the Attorney-General, and that officer rendered an the old stock will be exchanged at face value for one in the new
opinion in favor of the company. The Attorney-General holds corporation. The special purpose of the new line is to open
that as the acts of Congress
organizing the Atlantic & Pacific more fully the fruit and timber regions of Michigan.
and Northern Pacific companies do not
expressly provide for
Canadian Pacific.—A special dispatch from
the forfeiture of the land
granted these two companies, they Manitoba, of the 24th inst., says the Canada Pacific Winnepeg,
can claim the lands thus
Railway is
granted whenever earned, unless Con¬ now running into
Winnipeg from Emerson, at the international
gress should, bjr legislation, exercise the reserved
right to take boundary line, and is built some 60 miles further west as well
St. Louis
October
30, 1880.]
453
THE CHRONICLE.
and December 1.
The bonds
are
all of the denomination of
of the Woods. Great difficulty is experienced $1,000, numbered from 1 to 1,000. The trustees are George F.
in building the section from Lake of the Woods to Lake
Stone, of New York, and Andrew Pierce, of Clifton, New York.
Superior, and it is believed that the proposed line around the We also beg to solicit admission for an additional issue of the
north shore to Sault St. Marie will have to be abandoned as first
mortgage bonds of the company that are already on the
impracticable.
list, to the extent of $300,000, issued on the La Grange Exten¬
Chicago Burlington & Quincy—Wabash St. Louis & sion, recently completed, under the same indenture as the
Pacific.—The precise terms of the late treaty of peace between $4,500,000 firsts already upon the Exchange, and continuing the
these companies have not been given to the public.
An numbers from 4,501 to 4,800 inclusive. The $300,000 are hi
outline of the agreement is reported, substantially that the every respect similar to those already admitted, except that
lines already begun are to be completed by the trustees with their date is August 1,1880, and that there is stamped in red on
the money furnished them by the Wabash people, the Chicago their face, and on every coupon, ‘La Grange Extension.’
Burlington & Quincy people binding themselves to refund one- Their due date is 1910. Interest 6 per cent gold, August 1 and
half of the amount. The Wabash Road is to receive 25 per
February 1; are same as the 4,500 previously issued under same
cent of the gross business, the Chicago & Alton Road 25 per
mortgage.”
cent of all the business, except that to at. Louis, of which it is
Green Bay & Minnesota.—From the scheme of re-organi¬
to receive 33 per cent, and the other roads in proportion. Noth¬
ing was done in regard to a new freight pool, but as soon as the zation as proposed, the following is taken : “ The present first
Wabash Road can complete its line into Chicago there will be mortgage bonds, being the bonds of the Green Bay & Lake
Pepin Railway Company, amount to $3,200,000 of principal,
another conference, and a pool will be formed.
on which the accrued interest to February 1,
1881, will be
Chicago Clinton Dubuque & Minnesota.—Mr. Charles Mer- $1,024,240, or thereabouts. The present second
mortgage
bonds,
riam, of 26 Sears Building, Boston, gives the following notice :
Pursuant to a vote of this corporation, passed on the 9th of being the bonds of the Green Bay & Minnesota Railroad Com¬
pany (which is the same corporation as that above named, the
October, 1880, the road and property of this company has been name
only being changed), amount to $2,100,000 of principal.
transferred to the Chicago Milwaukee & St. Paul Railway Com¬
Of this sum $850,260 represents funded interest on the first
pany. By the terms of the contract of transfer, stockholders
who shall, on or before the 8th day of November next, cause mortgage bonds, and the balance, being $1,249,740, has been
issued as collateral.
The stock of the railroad company
the transfer of their shares to said Chicago Milwaukee & St.
amounts to $8,000,000.
The new company, to be organized and
Paul Railway Company, through the undersigned or otherwise,
to
receive
the
title
of
the mortgaged
premises is
shall receive in full payment therefore eighty per cent of the
to issue two mortgages, with bonds secured by the same,
par value of his said shares in the six per cent mortgage bonds the first
mortgage to draw interest from February 1, 1881,
of said railway company, secured by a mortgage upon the
and the second mortgage from May 1, 1881, both to be made to
property thus sold ana conveyed to said railway company; and the Farmers’ Loan & Trust Company^ as trustee, and to be in
further, that said railway company shall agree to deliver and such form as the committee and the trustee shall agree upon.
shall deliver to each shareholder of this company who shall, after
The first mortgage shall be made to secure bonds to the amount
the 8th day of November next, at any time transfer his shares to
of $1,600,000 of principal, bearing interest at 6 per cent, with
said railway company, seventy-five per cent in cash, and not in
coupons attached, and shall run thirty years.
The second
bonds, of tne par value of his said snares.”
mortgage shall be made to secure income ponds to the amount
Chicago Pekin & Southwestern.—The report that the of $3,781,000 of principal, bearing interest up to 8 per cent, if
Chicago Burlington & Quincy Railroad had purchased this actually earned over and above all outlays and expenses of every
railroad is denied by the C. B. & Q. officials.
description, not including new construction or equipment, but
Chicago Rock Island & Pacific.—This company opened including interest on the first mortgage bonds, but shall be nonfor business on October 4 a section of the Avoca Macedonia & cumulative; that is to say, no part of the unpaid interest in any
Southwestern Branch, extending from the main line at Avoca, one year shall constitute any claim against the company unless
Iowa, forty-one miles east of Council Buffs, southward to Car- actually earned in that year, and this mortgage shall run thirty
About five miles more will take the branch to years. The new company is to issue preferred stock to the
son, 17% miles.
of
Macedonia. The Keosauqua Branch was opened for business amount
and
common
stock to the
$2,000,000,
amount
of
$8,000,000.
on
the
preferred
stock shall
Dividends
Sept. 29. It extends from Mount Zion, Iowa, on the Keokuk &
Des Moines Division, forty-six miles from Keokuk, southwest to be limited to 7 per cent per annum, and shall also be non-cumuthe town of Keosauqua, a distance of four and one-half miles. lative, and this stock shall be entitled to the privilege of voting,
Part of it is on the line of the narrow-guage road, built several the same as the common stock. The holders of the said second
mortgage income bonds shall have the right to vote at
years ago, and afterwards abandoned.—Railroad Gazette.
Cincinnati Hamilton & Dayton.—The directors of this road any annual meeting of stockholders for the election of
have declared a dividend of 2 per cent out of the earnings for directors of the new organization on the same basis as
the six months ended September 30. The gross earnings for the common and preferred stock; that is, each one hundred
the six months were $1,473,482, and the net earnings $105,340, dollars of said bonds shall entitle the holder thereof to one vote.
Holders of the Green Bay & Lake Pepin Railway Company’s
leaving a balance after paying the dividend of $35,340.
first mortgage bonds shall receive in exchange for the same 50
Cincinnati Southern.—The earnings of this railway for the
per cent of the principal in the new first mortgage bonds, and
quarter ending September 30 were as follows: 1880.
a further 50 per cent, and also the accrued and unpaid, interest
1879.
Gross earnings
$183,476 to February 1, 1881 (but not including interest on defaulted
$469,012
Expenses
170,522
49,986 coupons) in the new income bonds. Holders of the Green Bay
& Minnesota Railroad Company’s second mortgage bonds issued
Net earnings
$298,490 $133,490 to fund
coupons of the Green Bay & Lake Pepin first mortgage
—The Cincinnati Gazette says: “ The board of directors of the
bonds shall receive the amount of principal of the said Green
company which leases the road from the city of Cincinnati de¬
cided to issue immediately $225,000 of the $900,000 additional Bay & Minnesota Railroad Company’s bonds and the accrued
interest thereon in the new second mortgage income bonds.
stock, which will be taken at par by the present shareholders
of the Green Bay & Minnesota Railroad Company’s
to pay bills for equipment falling due November 1.
This Holders
bonds
which
are held as collateral shall receive the amount of
makes $1,325,000 upon which the city is to pay 7 per cent per
the principal thereof and the accrued interest thereon in the
annum.
In December a like issue will have to be made to meet
bills falling due at that time. In connection with this we will preferred stock of the-new company in executing such releases
of the original debtor company and of the new corporation and
say for the information of those who seem to be all astray in
relation to the provisions of the contract existing between the its property as the committee may require. Holders of the
trustees and licensees, that the board of trustees determine present stock shall receive an equal amount in common stock
of the new corporation.”
what equipment is necessary to do the business, and by their
direction and permission the licensees can contract and pay for
Greenville Railroad (S. C.)—The case of the Greenville
it out of their capital stock, the city paying interest only upon Railroad was terminated Oct. 23, Gen. T. M. Logan, representing
that portion of the capital stock actually invested in equip¬ the Clyde Committee, complying with the terms of the sale.
The property was transferred, and the deed is now in the hands
ment.”
Evansville & Terre Haute.—At the annual meeting last of the purchasers. The'price paid was $2,393,600.
Junction Railroad (Phila).—In Philadelphia, Oct. 28,the pro¬
week the stockholders voted unanimously to approve the lease
of the Rockville Division to the Terre Haute & Logansport longed litigation of the Pennsylvania, the Philadelphia & Read¬
Company for 99 years; also a lease granting the joint use of six ing and the Philadelphia Wilmington & Baltimore railroad'commiles of the same division to the Evansville Terre Haute & panies concerning their individual rights respecting the June
Chicago Company. These are simply renewals of old leases, tion Railroad Company was terminated. Judge McKennan, in
which were made necessary by the reorganization of the the United States Circuit Court, gave a decision adverse to the
Logansport Crawfordsville & Southwestern as the present Terre Pennsylvania Railroad Company, which claimed exclusive right
to operate the Junction line.
Haute & Logansport Company.—Railroad Gazette.
The proceedings were instituted
by
Judge
Lathrop
of
the
Central
Railroad of New’ Jersey, and
Galveston Harrisburg & San Antonio.—Application was
made to have the following bonds listed, viz.: first mortgage Moses Taylor for the Baltimore & Ohio Railroad Company, who
bonds, La Grange Extension, to the amount of $300,000. nearly two years ago applied for an injunction restraining the
Second mortgage bonds to the amount of $1,000,000. The Pennsylvania Company from interfering with their rights. The
company’s official application says: “We applied June 23 last Judge decrees that the Junction Company must furnish motive
for admission upon the Stock Exchange of the first mortgage power or transport over its road freight or passengers arriving
bonds of the Galveston Harrisburg & San Antonio Railway in cars of the Philadelphia Wilmington & Baltimore Railroad,
Philadelphia & Reading Railroad or its con¬
Company, which were subsequently placed upon the list. We destined for the
nections. It must also transport freight or passengers arriving
beg now to ask that the second mortgage bonds of that com¬ in cars
by the Philadelphia & Reading Railroad destined for
pany may be also admitted to the list. The total of the issue
the Philadelphia Wilmington & Baltimore Railroad or its con¬
is $1,000,000, dated June 1,1880, payable in gold, June 1,1905 ;
interest 7 per cent per annum, coupons payable in gold, June 1 nections.
as
east to Lake
“
/
THE
454
CHRONICLE.
LVol. xxxl
New York Lake Erie & Western Railroad—$2,937,000 fourth
Lehigh Coal & Navigation Company.—A dispatch to the
month was the beet mortgage extended bonds, due October 1, 1920, bearing interest
Coal & Navigation at the rate of 5 per cent, and issued in place of 7 per cent
may
one
two
Company. There
have been
or
months just after bonds that fall due Oct. 1, 1880.
Ohio Central Railroad—$600,000 first mortgage terminal
the great strike in 1875 when the gross income was greater, but
none in which the net surplus overall charges was larger.
The trust 6 per cent bonds, due July 1, 1920. The issue is secured
by mortgage on lands, purchased and leased in the cities of
for operating
revenue and fixed charges of every kind were only $106,- Columbus and Toledo, Ohio, suitable for terminal purposes and
732, leaving net earnings of $147,660. Of this amount the rail¬ necessary for re-shipments by water at Toledo. The company
road company earned $147,000.
Up to the last of August the have acquired title in fee to 2,600 feet of water-front on Toledo
company was short $3,906 on its fixed charges, but the gain of harbor, partially docked and improved, and have leased 600
last month leaves it a net surplus for the year of $143,754,which feet additional. Extensive docks and structures are in process
is a gain of fully $275,000 over the first nine months of last of construction. These improvements will cost $300,000.
Galveston Harrisburg & San Antonio Railroad—$1,000,000
year.
It is expected that October will prove quite as satisfac¬
second
tory to the stockholders, and if the remaining three months do
mortgage 7 per cent gold bonds due Jan. 1, 1905 ;
twice as well as September alone, the entire loss of $180,000 .$300,000 first mortgage La Grange Extension, 6 per cent
gold
bonds due in 1910.
daring the last two years will have been made up.’’
Missouri Pacific Railroad—$12,419,800 capital stock, in shares
Louisville Cincinnati & Lexington.—The directors of the
of
the par value of $100 each. The road, including branches,
L. C. &fL. Railroad Company have voted to increase the
is
676
miles long, with a bonded indebtedness amounting to
amount of common and preferred stock, the former to the ex¬
The company reports its earnings from Jan. 1 to
tent of $503,988 12, and the latter by $136,727 38. The object $19,259,000.
of adopting these fractional amounts is to round up the two Sept. 30, as follows :
classes of stock—the proposed addition enlarging the common Gross earnings
$4,537,001
Operating expenses
2,514,011
stock to an even $1,000,000, and the preferred stock will be
fixed at $1,500,000. By resolution of the board, subject to the
Net earnings for nine months.
$2,022,990
approval of the stockholders, these changes are to occur in
Northern Pacific.—A Philadelphia report says the Yellow¬
about thirty days, and a committee of three was appointed to
Division of the Northern Pacific Railroad has been
stone
receive subscriptions ad interim. A circular will probably be
pat
under contract. Messrs. Walker, Clark & Co., contractors on
issued by the committee giving further particulars. The pro¬
ceeds of such subscriptions are to be applied to the purchase of the Missouri Division, having completed the grading to Glen•dire Creek, have been ordered to put their entire force of
rolling stock and the payment of the floating debt. Up to July several
hundred workmen on the Yellowstone Division. They
1,1880, the company have put improvements on the road cost¬
are already at work, and will
grade 50 miles, to Fort Keogh,
ing $242,353. These expenditures have been made in the space the
winter.
coming
contracts
Large
have been let for ties, and
of three years.
Since July 1, 1880, they have had built seven¬ the
has already contracted for rails to be supplied to
ty-five new fiat cars, and are now building six new passenger the company
whole division—320 miies.
coaches. It is proposed to purchase six heavy locomotives and
300 freight cars of various kinds.
Pennsylvania Railroad.—The statement of increase in earn¬
ings
in the month of September has been issued iu the usual
Massachusetts Central.—The annual meeting of the stock¬
holders of the Massachusetts Central Railroad was held in Bos¬ form. The report of monthly earnings in full, as heretofore
ton on Wednesday.
The directors reported that all the bonds given in the Chronicle, is brought forward iu the table below.
of'the company, amounting to §1,494,000 of the issue of Jan. In September the increase in gross earnings was $311,015, but
there was an increase in operating expenses, and a consequent
1, 1873, had been off at about 4') per cent of their par value in
decrease in net earnings, of $115,729. For the nine months—
cash, the money therefor having been secured by the issue and
1 to Sept. 30—the increase in gross earnings was $5,738,492
Jan.
sale of new bonds; that a syndicate has purchased $1,500,000
and
in
net earnings $2,733,263.
The Pennsylvania Railroad on
of the $3,500,000 in bonds issued under a vote of August 7,
all
its
lines
east and west has made $4,324,217 more profit in
1879 ; that negotiations are in progress for the sale of the
nine months of 1880 than in the same time
World from Philadelphia 8ay\s:The past
ever known in the history of the Lehigh
#
from all sources was §254,393, and the .expenses
ross
last year.
remainder of. these bonds ; that work has been commenced on
the road between Amherst and Northampton ; that the work
between Coldbrook and West Deerfield will be pushed forward
immediately
ALL LINES EAST OF PITTSBURG AND
Gross
1880.
/
"
Earnings.
*
1879.
,
ERIE.
Net Earnings.
1880.
1879.
.
that iron is being laid between Stony Brook and January
$3,083,551
$2,543,424
$1,366,298
$1,019,531
2,944,576
2,538,039
Hudson; that the line will probably be open from its eastern February
1,232,182
1,172,986
March.
3,278,186
2,603,068
1,511,248
987,223
end to Holden by the 1st of February and the entire line consid¬
April
3,488,366
2,630,022
1,495,582
1,031,028
erably before November 1,1881, the date at or before which the May
3,417,916
2,708,695
1,476,852
1,034,092
contract with Mr. N. C. Munson specifies that it shall be com¬ June
3,221,476
2,390,810
1,012,247
600,994
3,449,644
2,782,906
1,302,505
999,615
pleted. They also call attention to the fact that the road has July
3,723,355
2,982,718
1,554.480
1,256,993
been leased for a term of twenty-five years from its completion August
September
3,647,543
3,336,528
1,474,910
1,590,639
to the Boston & Lowell Railroad Company at a rental of
Total 9 mos.
$30,254,613 $24,516,210 $12,426,304
25 per cent of the gross earnings, and
$9,693,041
they comment upon the
favorable condition in which the property now is.—N. Y. World.
As to the lines west of Pittsburg and Erie, there is the
Missouri Pacific.—In the application of this company to the usual discrepancy between the figures of 1879 and this year,
New York Stock Exchange the following statement is made. which, as accounted for by the Treasurer, results from charging
Capital stock to the amount of $12,419,800, in shares of $100 at the end of the year certain interest on bonds of the Penn¬
each. The company was organized under the laws of the State sylvania Company and the Pittsburg Cincinnati & St. Louis
Railway Company, and not charging the pro rata for each
of Missouri, and its mileage is as follows :
Miles.
month in 1879.
The gain this year is now published as
Length of road completed
556
Branches operated—Hoi.len Branch
54
$1,977,897, but the table below shows $1,590,954.
St.
;
..
Joseph Extension
21
45
84
Boone \ 111c to Versailles
Sidings
ALL LINES WEST OF PITTSBURG.
Net
Surplus above all Liabilities, including Rentals, Interest, <£c.
1880.
Total
760
The bonded debt of the company
First mortgage bonds
Second mortgage bonds
Third mortgage bonds
Beal estate
is
as
follows
:
$7,000,000
1
2,573,000
4,500,000
800,000
Carondelet Branch
250,000
Total
$15,123,000
January
February
March
April
1
July
August
September
-
Net for nine months.
the consolidated company are as
follows
:
Missouri River Railroad
Leavenworth Atchison & Northwestern Railroad
St. Louis & Lexington Railroad
.
'
Kansas City & Eastern Railroad
St. Louis Kansas & Arizona Railroad
Lexington & Southern Railroad
Total
•
Following
were
Sept, 30, 1880:
the earnings of the company
Gross earnings
Expenses
Net
earnings
479,000
..
.$2,022,939
c
New York Stock
nors
Exchange—New Securities.—The Gover¬
Exchange have admitted to the dealings at
following securities :
of the Stock
the Board the
116,710
557,171
300,827
267,296
206,982
25,846
73,703
deficit 82,178
deficit 158,090
deficit 269,182
52,732
252,972
395,325
483,468
394,447
169,291
277,653
248,095
14,324
loss 188,343
$2,086,231
$195,277
$1,590,954
8,471
$101,155
90,864
Southern Pacific
Railroad—Opening of a Second Trans¬
Early in 1881.—The near prospect of the
650,000 opening of a second railroad to the Pacific, which is announced
348,000
to take place early in January next, by the
junction of the
,1,200,000 Atchison
Topeka & Santa Fe Railroad with the Southern
1,050,000
Pacific Railroad, gives a special prominence to the two great
.....$4,136,000 corporations which together make up the line.
The new
from Jan. 1 to route, unlike the first one, is not created by the aid of Govern¬
ment subsidy, but from private capital solely, except that each
$4,537,001 c )rporatiou has a grant of public lauds for a portion of its route—
2,514,011 the Atchison
Company across Kansas and the Southern Pacific
$109,000
The company has no floating debt.
New York l ake Erie & Western.—It is reported that at the
recent meeting of the directors of the Ndw York
Lake Erie &
Western Railroad, President Jewett announced that the claim
of the company against the London
Banking Association had
been settled by the acceptance by the road of £100.000
($500,-
000).
Gain in 1880.
$204,149
312,269
11,201
May
June
1879.
$305,304
continental Route
California—of
12,890 acres per mile. In the Territories
companies have resorted to the formation of separate and
independent corporations, though mainly in the hands of the
same proprietors.
The junction of the two lines (it is an¬
nounced from Chicago) will take place at or near Florida Pass,
a point about 25 miles west of Mesilla,
on the Rio Grande in
New Mexico, distant by the road about 1,150 miles from Kansas
City and about 1,250 miles from San Francisco. This would
make the new route 2,400 miles long between the Missouri
River and the port of San Francisco, against 1,900 miles, the
across
both
distance from Omaha via Salt Lake. There are some claims
made that this diiference of 400 miles, or over 29 per cent in
October 30,
THE
1880.J
CHRONICLE.
distance, will be offset by more favorable grades and climate;
but from the information before us this will hardly be borne
out. The grades will be about alike, and are not a conspicuous
feature on either road. The trouble from snow-blockade on
the older line has never been serious, and the exemption to the
new line will be limited to the winter months, and be offset
by
severe heat and drought in summer.
There is no doubt, however, that the Southern line will divide
to some extent the through business with the Central, as tourist
1870-42356.,9
will be apt to go by one route and return by the
osher, as President Hayes is even now doing, before the gap is
quite closed, there being about 150 miles of staging between
the two termini. The Pacific through freight traffic has never
been so heavy nor so lucrative as to make it a prize
worth
contending for; and it is perhaps a fortunate circum¬
stance for both the companies concerned, while the enterprises
are in their
infancy at least, that the bulk of the ownership of
both the Southern and Central portions of the two routes are
held in the same hands, as this will prevent anything like
incessant and ruinous competition for what through traffic
there is. Travelers and shippers can have a choice of routes at
passengers
fair rates.
The chief source of net revenue to the Southern line, as it is
found to be of the older line (no less than 65 per cent on the
Central Pacific end) is found to be from local traffic. The
through tonnage is larger, but as much of it is taken at rates
competing with those of steamers and sailing craft, it is carried
•at little or no profit.
From local industries along their lines
both companies may expect satisfactory returns. Indeed, this
has been a chief incentive to their rapid extension, as the
■advent, of the railroads in Colorado and New Mexico, as well as
in
Arizona, has stimulated an immense mining industry for the
precious metals, which has led to a profitable railroad "business
■at once.
All over these Territories are hundreds of new gold
.and silver mines opening, and the machinery and
supplies
ordered for their working, together with the ores or crude
metal, furnishes freight for the rails. The discoveries keep up,
and there is no predicting the limit of expansion of this
industry. On the Mexican side of the line—in Sonora and Chi¬
huahua—are similar evidences of mineral wealth. It is not
doubtful, therefore, where the receipts of the company are to
come from, without
counting upon the growth of overland
communication. Besides, at the California end the line trav¬
erses
some
wheat,
of the
great grain and fruit-bearing valleys. The
and semi-tropical fruits of Southern
growing, as the pasturage of live stock on wild
grapes, oranges
California are
lands declines.
Herewith is a tabular statement of the earnings and
expenses
of the road since the organization of 1870,
showing the average
miles operated and the ratio of expenses to
earnings.
Av'ge
*
,
Earning8
milts
Year 8.
Operating
oper-
Oct. 1,
1870, to June 30,’71
moa.,
Ratio
oper-of aperating ex- at'g ex-
over
ated.
Earnings.
100
121-6
157-2
263*4
363-7
580
$430,097
723,856
1,035,311
1,162,738
1,780,456
2,160,839
3,533,005
expenses.
penses
$222,427
376.278
$207,670
347,577
458,739
463,674
773,485
1,140,329
1,724,174
576,572
699,063
1,006,971
1,020,509
1,828,830
penses.
51*70
51-98
4430
3988
4300
58*00
48 00
NORTHERN AND SOUTHERN DIVISIONS.
Av'ge
miles
oper-
Years.
ated.
1877 (six months)
1878 (Jan.to Deo.) 712
1879 (Jan.to Dec.) 712
1880 (Jan to Aug.) 712
Net
Earnings,
Northern
Expenses,
Northern
Net earn'gs,
earnings,
includ'g net
Division.
Division.
Division.
rental
So. Divis’n.
$408,429
1,013.886
$226,730
514,542
526,565
364,783
$179,698
499,344
362,761
216,429
$1,050,702
2,155,704
1,998,316
1,316,829
889.327
581,212
Northern
At present the divisions of the Southern Pacific south of the
Goshen intersection with the San Joaquin branch of the Cen¬
tral Pacific are leased to the latter company, inasmuch as they
form feeders to the main Central line.
The published earnings
show, however, that those of the Southern Pacific are more than
sufficient to meet its fixed charges, and consequently it is
worked by the lessor company at a profit.
The Southern Pacific of California has its terminus in the city
of San Francisco, with a water front on the bay, and extends in
A
southerly and easterly direction along and
across
California.
The Northern Division, of which 176 miles are in operation
(including the Monterey spur),
runs
at
no
great distance from
.the coast, and is separated from the other portions by an
unbuilt gap of 100 to 180 miles, according to the route adopted,
this portion being left for more mature determination after the
through line has been opened.
accommodated by using
In the meantime the traffic is
the nearly parallel line of the San
Joaquin Branch of the Central.
At
point on its line 375 miles from San Francisco, the mad
emerges from the great longitudinal depression of California,
and begins the ascent of the Sierra Nevada mountain range,which
here curves to the westward, and extends to, and abuts upon,
the Pacific Ocean, so as to form a steep wall in the path of any
railroad crossing from the central to the southern watersheds
of that State. The Southern
Company, having the pick of the
whole virgin country before it, naturally chose the most fertile
valleys and routes of least obstacles for its line. The crossing
of the mountains at
Tehachapa Pass was, nevertheless, a very
difficult and costly undertaking. The range is crossed at 4,000
feet altitude above sea level, and the road to cross and recross it at San Fernando
required twenty tunnels, one of them
C*096 feet in length. It is believed that no other line between
Los Angeles and San Francisco—470 miles—could be'built for
a
•less than double the cost of the Southern.
Across Arizona and
New Mexico, likewise, the road is laid along the fertile portions
455
and by the only feasible routes. The total cost of the 712
miles of road in operation in California Dec. 31, 1879, is
given
at
$67,031,500, exclusive of equipment.
The total of bonds is¬
sued is $29,186,000, and of stock, $36,763,900.
The bonds, at
the rate of $40,000 per mile, are, however, a mortgage on
the lands. The cost of the portion east of California, from
Yuma to the Rio Grande at El Paso, 575 miles, are estimated at
$40,000,000
more.
CALIFORNIA DIVISIONS—ROAD OPERATED.
Northern Division,
Southern Division,
<
San Francisco to Solodad
miles. 143
Carnadero to Tres Finos
18—
Huron to Los Anneles..
280
Los Angeles to Yuma
249
-Branch—Los Angeles to Wilmington
22—
161
551
ARIZONA & NEW MEXICO DIVISIONS.
YumatoLordshurg (opened Oct. 18, 1880
Total in
407
operation at date
1,119
PROJECTED.
Main lino (gap)—Soledad to
Lcrdo Junction
parallel connection—Mojave Junction
River, estimated
:
35tli
to
Total road
miles. 160
Colorado
278—
miles.
438
1,557
The interior
valleys and plateaus of the continent west of the
Rocky Mountains as a rule though valuable for minerals, graz¬
ing or grain-growing, are at the same time hot, dry and dusty,
while the coast line is generally bold and unbroken.
There are
but few harbors of any kind, and only one good one on United
States territory.
For more than a thousand miles on either
hand of San Francisco there is no harbor for large vessels easy
of approach.
This circumstance, with others, must tend to
build up San Francisco to a great city. Beyond the Pacific lie
China and Japan and the East Indies, with one-third of the
population of the globe. Already the young metropolis of 30
years lias nearly a quarter of a million souls, and after the
throes of a struggle between the industrious and the idling por¬
tions of its population are over it will, no doubt, enter afresh
upon a
grand
career.
No city in the world is more favorably situated for a great popu¬
lation and commerce, and, at the same time, for a large suburban
population. Already the route of the Southern Pacific for fifty
miles along the peninsula is dotted with thrifty suburban towns
and elegant private residences. This movement will in time
spread 75 miles further south until it embraces both shores of
Monterey Bay. The climate of Monterey is so genial in winter
as well as in summer as to attract many tourists and pleasureseekers to it as a sanitarium and sea-side resort. A magnificent
hotel has been erected, and there are drives, fountains, parks,
a race-course, a church and all the adjuncts of a high civilization,
which are attracting all the year round thousands from the
interior regions.
Express trains will run the distance in three
hours, so as to make of the San Francisco end of the line a
very busy thoroughfare.
The eastern terminus of the Southern Pacific Railroad
proper will be at the southeast corner of New Mexico, near El
Paso, a distance of about 1,300 miles from San Francisco; but
there are signs that this will not, after all, be the real terminus
of the Southern route.
Under other organizations the connec¬
tion is to be made with New Orleans, across Texas and
West Louisiana.
The President of the Southern Pacific is
reported to be now in Texas in company with the President of
the New Orleans Houston & San Antonio Railway Co., ex¬
amining the Gulf ports. It is alleged that New Orleans is by
far the best port on the U. S. Gulf coast. In that event it must
become the ultimate terminal of the Southern overland route,
as it is the manifest function of the Southern Pacific to bring
out large quantities of cheap ores and base metal, gold, silver,
copper and lead eastward to some one or more of the cotton
ports, for cheap freight to Europe in cotton ships as “bottom
cargo,” besides’an interchange of manufactured articles bound
in the other direction.
The supply of the 500 miles link between
El Paso and a noint west of San Antonio will probably not long
be delayed.
This will make a through To ite of 2,425 miles
from New Orleans to San Francisco, or about the same distance
as from Chicago to the western city, but by a much easier and
favored route.
There are also rumors that Mexico is about to inaugurate a
trunk line from its capital to El Paso, where it will intersect the
Southern & Atchison roads, and another trunk line from Mexico
to the Rio Grande, at Laredo, or Eagle Pass, near the San
Antonio extension.
As these roads are to be built upon the
bonds of a government which, thus far, has had all it could do
to raise taxes to pay its running expenses, and the army, whose
every source of revenue is already pledged to its creditors, and
which cannot maintain order and peace among its own people,
it may be rash to count upon any
connection with
Mexico for some time yet; but it is equally certain that more
or less of the commerce of Mexico would flow tnrougli these
more
railroad
gateways if the railroads were built, and may, to some extent,
when the United States railroads touch the border at both
these points, as they will within a few months.
Third Avenue Railroad (N. Y.'—The annual report of the
Third Avenue Railroad to the State Engineer gives the follow¬
ing : Capital, $2,000,000 ; paid, $2,000,000; funded debt,
$2,000,000 ; rate of interest 7 70-100 ;; passengers carried,
28,867,193 ; total cost of maintaining road and real estate,
$51,476 46 ; expense of operating road and_ for repairs, $794,5S4 54 ; receipts from passengers, $1,343,359 67 ; from other
sources, $335,019 46.
Payments for transportation expenses,
maintenance and repairs, $794,584 54 ; for interest, $140,000;
for dividends, $420,000 ; coupon
on
hand, $307,794 59.
bonds purchased $16,000 ; cash,
456
THE CHRONICLE.
|Vol. XXXI
o O T T O N.
■Pte (fcmxnxcrcial jinxes.
COMMERCIAL EPITOME.
Friday Night, Oct 29, 1880.
The
political canvass has assumed an intensely partisan
character, developing much personal feeling, to the neglect of
principles and fair discussion. Both parties, through public
meetings and otherwise, have made direct appeals to the mercantile community, and the effect has been to divert much
attention from business, the export trade only having been fully
maintained. The weather has been seasonable, and rains have
further relieved the drought from which large sections have
suffered, enabling manufactories which are dependent upon
mill streams to partially resume operations.
Provisions have latterly shown more strength on receipt of
somewhat better advices from the West and due to the reserve
with which spot and October contracts have been offered. To¬
day pork
unsettled, with October options selling at $20, and
seller year quoted $12@$13. Lard early in the day was remark •
ably buoyant and a sharp upward movement was developed;
was
toward the close
a
reaction set in and almost the entire advance
lost; prime Western contract sold on the spot at 8‘70@
8mf75c.; October options sold at 8*65c ; November at 8’50@
8*57/£e., closing at 8’47/^c.; December at 8*42/^@8*50c., closing
8‘42^c.; seller year at 8*42%c , closing 8’37/£@8'40c.; January
at 8*42}£@8’47/2C., closing at 8*42^c.; February 8‘45@8‘50c.,
closing at 8*45c.; and seller six months 8*40(5)8*42/£.; refined to
the continent quoted 8%c. for November delivery. Bacon has
declined, and closed dull at 7M@7%c. for long clear. Cut
meats have had quite a good movement.
Beef has ruled quiet
and nominally unchanged, while beef hams have been more
active and higher at $16 75@$17. Tallow sells fairly at 6/4@
was
6 5-16c.
Butter is rather
Friday, P. M., October 29, 1830.
The Movement op the Crop, as indicated
by our telegrams
from the South to-night, is given below. For the week
ending
this evening (Oct. 29), the total receipts
have reached 254,830
bales, against 236,341 bales last week, 210,367 bales the previous
week and 199,094 bales three weeks since;
making the total
receipts since the 1st of September, 1880, 1,394,296 bales, against
1,222,135 bales for the same period of 1879, showing an increase
since September 1, 1880, of 172,161 bales. The details of the
receipts for each day of this week (as per telegraph) are as follows:
Receipts at—
New Orleans
.
...
Mobile
Charleston
Port
Sat
Mon.
Tuts.
Wed.
9,617
1,880
6,179
12,342
4,517
8,344
11,170
4,175
5,047
5,801
Royal, Ac.
....
Savannah
5,833
Brunswick, Ac.
....
Galveston
3,S16
Indianola, Ac...
Tennessee, Ac..
Florida
1879-80.
Pork
lbs.
Bacon....lbs.
Lard
lbs.
68,029,600
767,335,561
376,590,146
1,519
Norfolk
5,920
..
City Point, Ac..
.1878-79.
Inct'tasc.
<1 M 05
Receipts this w’k at—
6,234
5,670
m
....
m
m
3,555
....
....
1,368
....
1,444
1,700
....
.
.
.
1,741
.
....
7,688
....
4,370
....
....
44,877
171
3,700
23,005
755
755
5,020
11,579
911
911
764
8,163
2,267
....
1,020
m
2,267
4,400
31.282
9,477
9,477
50,187 35,115 35,110 33,513 65,192 254.830
1880.
1879.
1878.
64,726
69,076
Mobile
16,505
15,755
Charleston
34,887
1877.
1876.
•50,098
14,707
28,834
16,611
7,669
25,385
Port Royal, Ac
Savannah
3,225
1,993
251
162
44,877
40,706
33,622
27,196
Galveston
23 005
26 071
26 843
17,621
755
296
884
383
560
11,750
14,219
7,782
2,514
3,159
3,591
7,902
Norfolk
City Point, Ac
1,147,220,008
69,406,699
4,671,400
Rio coffee has shown no marked change, but has been to a
....
1,675
New Orleans
Decrease.
Total., .lba. 1,211,955,307
....
16,505
34,887
3,225
171
....
4,207
961
64,720
For comparison, we continue our usual table
showing this
week’s total receipts and the totals for the
corresponding weeksof the four previous
years:
4,671,400
17,122,748
52,283,951
....
Total.
....
....
2,022
1,581
....
Totals this week 05
....
7,056
....
....
....
North Carolina
72,701,000
750,212,813
324,306,195
5,705
....
Wilmington..
Moreh’d City, Ac
....
Fri.
8,182 17,614
1,948
2,221
4,037
5,071
3,225
6,946 10,627
1,761
6,209
4,626
....
....
919
quiet; but about steady. Cheese has
Indianola, Ac
latterly been quiet and easy at 12%@12%c, for prime factory. Tennessee, Ac
The following is a comparative summary of aggregate
exports, Florida..
from November 1 to October 23:
....
9,789
Thurs.
Total this week
...
911
438
10,430
34,282
8,591
28,841
20,4.64
9,477
10,793
254,830
245,613
54,280
18,771
30,393
3,173
21,167
22,696
28,698
163
391
7,222
6,276
7,206
24,953
3,633
157,280
177,336
Total since Sept. 1. 1,394,296 1,222,135 1,005,355
33,108
1,979
.
201,904
732,374j 1,009,547
The exports for the week
ending this evening reach a total of
large failure in the trade, the
130,436
bales,
of
which
83,064
were to Great Britain, 19,946 to
liabilities of the firm involved being stated at $700,000; this has
France and 27,426 to rest of the Continent, while the stocks as
undoubtedly checked trade of late both in Rio and mild coffee, made up this evening are now 641,083 bales. Below are theand quotations in the latter case are also essentially the same as exports tor the week and stocks to-night, and a comparison with
l&st week. Rice has been in good demand most of the time, the corresponding period of last season.
EXPORTED TO—
though trade has fallen off somewhat within a day or two; prices
STOCK.
Wcejc
Total
Same
this
Week
havq remained firm. Molasses has been dull and nearly nominal ending
Great
Conti¬
Week.
1879.
1880.
1879.
Oct. 29. Britain. France.
nent.
for both foreign and domestic.
Raw sugar has latterly favored
the buyer as to prices, and a fair business has been done on the N. Orl’ns
27,454 13,951
47,129
5,724
41,435 165,397 185,198basis of 7M@7%c. for fair to good refining Cuba, and 8 3-16@ Mobile..
1,063
1,063
22,965 25,893
8%c. for centrifugal of 96 degrees test.
6,472
28,769 111,378 49,180
1,075
10,027
2,480
Refined has fluctuated Charl’t’n
somewhat, but has in the main favored the buyer, principally Savan’h.
3,709
26,807 128,377 94,173
8,266
11,975
great extent nominal, owing to
a
....
....
....
owing, to the fact that the refiners of Philadelphia and Baltimore
have refused to join the New York refiners in another effort to
improve the condition of the market by reducing the production;
^rushed closed at
and powdered at
The export demand for Kentucky tobacco has been somewhat
better in the past week, but the volume of busines is still small;
sales for the week are 550 hhds., of which 500 for export and
50 for home consumption.
Lugs sold at 5@6c., and leaf, 6/£@
14c.
Seed leaf has been more active, the sales for the week
amounting to 1,835 cases, as follows: 900 cases 1879 crop, Penn¬
sylvania, 12@40c.; 250 cases 1879 crop, New England, ll@40c.;
325 cases 1879 crop, Ohio, 6/£@l3c.; 160 cases 1878
crop, Ohio,
9/£@llc.; 100 cases 1879 crop, State, 11c.; 100 cases sundries,
9@18c. Also 700 bales Havana fillers, 82c.@$1 15.
In naval stores a dull and unsatisfactory state of affairs has
been noted, particularly so for rosins, which closed dull at
$1 80@$1 85 for strained to good strained; spirits turpentine at
the last moment became stronger, owing to advances in London
and Wilmington, quoted 45@45/£c. Petroleum has rnmained
quiet and almost nominal at 12c. for refined, in bbls. Crude
certificates have been irregular, selling to-day at 94c. and 91%c.,
but closing 93/£c., bid. All metals are quiet and nothing of
new interest can be mentioned.
Ingot copper quiet at 18
18%c. for Lake. Wool is firm though rather quiet.
Ocean freights have latterly been rather quiet, and in the
matter of rates some irregularity has prevailed; at the close a
slight recovery took place. Grain to Liverpool, by steam, 6}£d.,
gtandard bushel; butter and cheese, 45s.; bacon, 32s. 6d.@35s.;
cott-on, 5-16@ll-32d.; grain to London, by steam, 7/£d.; bacon,
35@40s.; cheese, 50s.; grain, by sail, 4s. 9d. per qr.; flour, 2s.
5s.@2s. 6d.; grain to Glasgow, by steam, 6%d.; flour, 2s. 9d.
per bbl. and 25s. per ton; apples, 4s. The charters were: Grain
to Cork, for orders, 5s. 5a.@5s. 6d. per qr.; refined
petroleum
to Liverpool, 3s. 6d.; do. to Hamburg, 3s. 6d.; do. to the Con¬
tinent, excluding Dutch ports, 3s. 6d.; if Dutch ports, 3s. 9d.
Norfolk-
11,062
8,296
19,644
Other*..
5,364
Galv’t’nN. York.
3,327
1,093
3,553
2,008
....
....
5,395
....
18,442
11,005
11,397
19,644
10,759
9,428
8,033
11,273
72,420
71,566 35,818
48,703 '36,000
47,000 26,000
45,697
c:
'
Tot. this
week..
83,064
19,946
27,426
130,436
136,750 641,033 524,688
94,841 104,497
698,103
589,606!
Tot. since
Sept. 1..
*
498,765
....
the head of “other uorts” include, from Bal¬
timore, 1,800 bales to Liverpool; from Boston, 650 bales to Liverpool; from
Philadelphia. 2,714 bales to Liverpool; from Wilmington, 700 bales to Liver¬
pool and 995 bales to Continent; from Port Royal, 4,400 bales to Continent.
The exports this week under
From the foregoing statement it will be seen that, compared
with the corresponding week of last season, there is a decrease
in the exports this week of 6,314 bales, while the stocks to-night
116,395 bales more than they were at this
In addition to above exports, our telegrams
are
us
the following amounts of cotton on
the
are
time a year ago..
to-night also give
shipboard, not cleared,, at
We add similar figures for New York, whi«h
prepared for our special use by Messrs. Carey, Yale &
ports named.
Lambert, 60 Beaver Street.
On
OfT.
29, AT—
Shipboard, not cleared—for
Beating
Great
Britain.
France.
Other
Foreign
New Orleans
Mobile
Charleston
Bavannah
Galveston
New York
Other ports
32,499
10,000
None.
None.
Total
96 232
30,770
32,739
*
4,900
12.807
19,800
11,726
4,500
Coast\cise.
Total.
Stock.
76,345
4,900
22,835
27,500
89,052
25.936
None.
3,230
16,342
1,568
None.
None.
4,700
5,519
600
None.
2,220
3,000
203
None,
6,800
18,065
88,543
100.877
26,645
64,766
1,000
5,000
16,000
79,703
11,991
173,432
467,651
1,604
4,578
'
19,052
*
Included in this amount there are i,70Q bales at presses for
ports, the destination of which we cannot learn.
foreign
October 30,
457
CHRONICLE.
THE
1880.]
1.
8EPT.
65,611
204,004
262,688
134,224
Char’n*
Bav’h..
Galv.*.
Norf’k*
5,700
2,703
36,464
199,635
Other..
32,427
N. York
Florida
N. Car.
44,579
75,670
28,721
79,234
130,067
14,936
2,966
Under the head of
Galveston Is included
Point. Ac.
*
11,220
4,440
4,004
8,304
15,876
20,549
8,255
13,949
4,025 20,647
71,675 94,628
100,659 106,272
40,980 48,947
101,487 63,671
1,444
1,827
5,170
50,139
44,488
30,868
137,530
29,547
8,441
50,139
47,014
2,526
74,895
77,071
567,667 553,390
976,522' 366,341' 36.791
49,724
452,856 447,429
415,701
Charleston is Included Port Royal, Ac ; under the head of
Indianola. <Sfcc.; under the head of JNor, oik is Included CitT
foreign advices, weak
forward delivery for the week are 466,400
free on board. For immediate delivery
this week 6,456 bales, including 3,276 for
the total sales foot up
consumption, 100 for speculation, and
in
Of the above, 1,362 bales were to arrive. The follow¬
the official quotations and sales for each day of the
export, 3,080 for
ing are
past week:
Good Mid
..
Fair...
8*6
8%
93*
10*6
8*6
8%
913i6 93*
103!6 10*6
83ie
8*316
IOH10
1015i6
11310
1L916
111316
12516
105a
10 7q
105s
1078
11 *8
11*8
11*2
I13t
12*4
11*2
1134
12*4
1215]6 1278
Wed
00
9lol«
|
816
8*8
870
978
87q
97q
8*10
»l16
8*8
8^8
8*8
978
878
978
10*4
10° 16
10*4
10*4
1078
1078
11316 1116
U716 113s
111310 113*
11*8
1138
113t
101O]6 1078
il310 11*8
117,6 113a
Wed
Frl.
8316
8*5]g
9!5ie
12
12116
12916 12*2
133]0 113*8
12
12 *2
13*8
Frl.
Til.
8iio
S1116
11i316 1134
8*ie
15*?.
81316
91316
1031#
101316
11]10
H°16
lliiio
U1516
12*16
131,0
Wed
81,6
813i«
9J3io
103] o
10131C
llhe
11516
mile
Hlo16
127.8
151.8
8POT MARKET
CLOSED.
# lb.
Ex-
8%
9=8
103s
j Con-
port.;
9 ®i«
105 ],t
st’dy, -16 dec.
g’t,
asy
TRANSIT.
12
The Sales
Frl.
8!,6
813 ] 6 8131(5
9J316 9!3l6
103]o 103,0
101316
lHl6
H°10 H°I«
Hli16
lliiio niyift
1271q 1271b6
131]6 131,6
8‘if
}®}*w
Th.
:
:
•
•
•
3
©
®
*
’
*
H
p<.
>S
2.
t
p
I
::; ?
P
©
.
•1
c*
©
P
734
8 5q
9*2
10*4
419
606
439
225}
432
3.080
which they are
i'0‘6
....
1
8&8
9*2
10*4
100
•
•
•
•
Deliv¬
eries.
3,800
657
82,400
90.300
97.800
actually delivered the day pre¬
reDorted.
Prices of Futures are
j: £
p
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October.
1
MMy,
© © Q
■4
©
|,S>©
M M
CO
©
©
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-1-4
©Xm
9©
X
M
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10-75— 8 10*72® 62,80
H- »«*
XX to
M®5
-4-4©
©
-4©
M M m
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10-83 3,40
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-IX©
also sales in September
10-80; Wednesday, 10-85; Thursday, 10*90; Friday. 10
10*72®
Short Notices for October—Saturday, 10-733-10-76; Monday,
10-73; Tuesday, 10-67; Wednesday, 10 65.
Short notices for November—Friday, 10-80310-81.
6,456 466.400
1,332
1,613
1,045
•
:
i
734
75,100
50.300
552
70,500
•
j;
18S0, for September,
FUTURES.
Sales.
OQ
03
•
Fri
shown by the follow¬
ing comprehensive table. In this statement will be found the
daily market, the prices of sales for. each month each day, and
the closing bids, in addition to the daily and total sales.
:
p
3
a
©
a
8
a
©
t»?r;
w
<
&3
PiB
© •
03 ©
l
12*2
13*8
600
400
800
800
700
500
469
daily deliveries given above are
and
Total.
400
3.276
ou
Tran¬
sit.
780,
Total
.
Spec-
sump. uVVn
910
869
1,094!
.
-1
■
Pi
Orders—Saturday,
1080; Monday, 10-75;
•15
•40
•26
during the week.
made
to cxch. 500 Mar. for April.
pd.
pd.
pd.
pd.
pd. to exeh. 500 Dec. for Mar.
pd. to excli. 400 Nov. for Dec.
The Visible Supply of Cotton, as
•43
•02
Tuesday,
85.
following exchanges have been
*15
pd. to exeh. 100 Dec. for Jan.
•11 pd. to exeh. 2,500 Nov. for Dec.
•07 pd. to cxch. 500 Nov. for Dec.
•14
769
171}
Wed
Firm, at *ig dec.
Thurs Steady..
Fri.
Dull
-
.
w
Transferable
7*316 7%
8Ui„ 858
9*2
9916
105]6 10*4
7*310
S“J8
778
8A.L.ES OF SPOT AND
vious to that
Cb.
Pip:
pen
wr;
®: !
03
The
The
!
gfj
2©: to
£§: ?
f1 gn.
1
§•
►i
4-
ITIou Tues Wed
Sat.
Til.
11*8
113s
11%
MARKET AND SALES.
.
©
^ *•
p.p*r-f^
to
.
„
10
P0 4Q .
» © <
^
c'2.2‘o
©
p-p ;
00
wr:
©
Mon. Taei
Sat.
1014
12110 12
12910 12*2
13316 1316
12^8
Th,
Good Ordinary
Strict Good Ordinary
Low Middling.... Middling
Tues.
to
OQ © •
COCO
10io16 1078
lOoj*
STAINED.
Bat.. Easy
Mon
5:
PCTJ:
©
©
Mon Tues
Sat.
8l10
8%
Strict Ord..
81*10 Sllio
Good Ord..
91*10 9ll16 9Hio 91316 91316
Btr.G’dOrd 10*i6 10h« lOiio 10316 10»ia
Low Midd’g 10®i o 109j6 109,8 101316 10i316
Hha
Btr.L’wMid 10i316 101316 1013,0
Middling... llilc Hhe Uli« 11»10 11^16
Good Mid.. 11710 1171C !H716 H'lia, lin16
Btr.G'dMidilliiio lliiie lin1B Hlo16 Hlo16
Midd’g Fair, 12 31 e 123,0 123,6 12716 |12716
Fair
*12i3i«s12i3i« 1213^ 13*,* 13l!«
Ordin’y.tflb
00
p
©a •
2“
®
PT^
TEXAS.
NEW ORLEANS.
IW011 Toes
Sat.
Middling..
©
t—1 M
UPLANDS.
Ordin’y*#®>
to
to n
>u
bales, including
8trict Ord..
Good Ord..
Bfcr. G’d Ord
P p .
«*■
‘
I
©
The total sales for
Oct. 23 to
Oct. 29.
o
.
P
dling uplands.
transit.
77
p*
P© !
12,374
48,261
24,000
Southern markets, large receipts
at the ports and improved weather at the South; but there was a
partial recovery on Tuesday afternoon, caused simply by a
demand to cover contracts, and secure the profits inuring from
Wednesday developed much irregularity. No
the decline.
vember and December, from selling at the same prices, had
separated 11 points; but on that day there was a decline m
December and an advance in November, which brought the two
months within two points of each other.
Yesterday and to-day
there were no essential changes, except a small advance for
October. Cotton on the spot declined l-16e. on Monday an
again on Wednesday. There was a fair demand for export and
home consumption. The close was quiet at 11 1-16c. for mid¬
under dull
o*£.g^
M
or?
p
This yr. 1139,466
Last year.,
143,247 134,598
o*g ST2.
a. s' s® 7+
*d
S
©* P*
*9
g-g*
SPw? O
©
14,089
45,483
D on ■*
m
® ©
,.
P’2-*®
S’® 33 JN
©
©
CD O
os ©
99
O^OD©
p
B
S'a £9*
99
<rf-
4,025
206,708
.
Total.
Foreign
©
©
Stock.
Other
France.
83,675
209,653
76,965
137,281
196,010
Mobile.
Britain.
1879.
1880.
N.Orlns
Great
&
a
SEPT. 1 TO—
EXPORTED SINCE
RECEIPTS SINCE
Forts.
showing the movements of
Oct. 22, the latest mail date:
s
3
OQ
The following is our usual table
cotton at all the ports from Sept. 1 to
to exeh. 500 Feb. for Mar.
to exeh. 500 Dec. for Mar.
to cxch. 500 Dec. for Feb.
by cable and
stocks are the figures
made
up
telegraph, is as follows. The Continental
of last Saturday, but the totals for Great Britiain and the afloat
for the Continent are this week’s returns, and consequently
brought down to Thursday evening; hence, to make the totals the
complete figures for to-night (Oct. 29), we add the item of exports
from the United States; including in it the exports of Friday only.
1880^
Stock at Liverpool
8tock at London
Total Great Britain
Stock at Havre
Stock at Marseilles
Stock at Barcelona
Stock at Hamburg
bales.
*V>ok
.
360.000
40,100
400,100
56,500
7,560
32,800
3.700
1879
1878.
1877.
302,000 406,000
31,250
27,000
329,183 333.250 433,000
89,800 120,000 160,000
1,500
J
436
7,000
3,873'
7.750
44.000
1,5C0
4,500
11,000
273.000
56,1S3
458
rHE CHRONICLE.
Stock at Breiren
bales
Stock at Amsterdam
Btock at Rotterdam
/Stock at Antwerp
Btock at other co’nti’ntal p ms.
1880.
25.100
10.700
1879.
1878.
23.750
33.250
22,004
19,400
1,283
1,680
981
1877.
43,000
30,000
7.000
9.000
3,250
13,100
6,692
8,750
5,000
8,250
Total continental ports....
151,941
144,933
209,750
318.250
Total Enropean stocks..
India cotton afloat for Europe.
Amer’n cotton afloat for Eur’pe
552,041
543,000
751,250
Egypt,Brazil,Ac.,aflt for E’r’pe
29,Ono
641,083
93,749
474.171
81.374
3 42,463
36.914
524.633
41.330
11,000
31,000
Btock in United States ports
8tock in U. S. interior ports..
..
.
United States exports to-day..
03,000
420.000
103.000
270,000
21,000
424.154
53.73 4
21,000
Receipts
the Plantations.—The
following table is
prepared for the purpose of indicating the actual movement each
week from the
plantations. Receipts at the outports are some¬
times misleading, as they are made
up more largely one
than another, at the expense of the interior stocks. We year
reach,
therefore, a safer conclusion through a comparative statement
like the following. In reply to
frequent inquiries we will add
that these figures, of course, do not include overland
receipts or
Southern consumption; they are simply a statement of the
weekly movement from the plantations of that part of the crop
which finally reaches the market through the
out-ports.
40.000
172.000
29,000
421.193
60.173
RECEIPTS FROM PLANTATIONS.
Week
..
Continental stocks
American afloat for Europe..
..
..
United States stock
United States interior stocks
United States exports to-day.
..
..
..
223,000
142,000
63,000
420,000
51.000
342,468
641.083
524,(583
98,749
41,330
11.000
31,000
151,000
159,000
270,000
424,154
53,73 4
21,000
231,000
172,000
421.198
Aug. 13
“
“
60,173
36,914
343.041
21,000
399,459
29,000
362,000
8,691
6,238
4,843
8,393
15,784
26,750
47,431
4,875
21.123
5,999
6,593
9,979
18,971
10
“
..
29,000
1878.
3.462
....
..
..
1880.
13,920 42,082
30,054 61,117
"
17.....v 74,355 76,933 102,695 28,377
“
24
98,833 127,729 130,413 37,872
130,930 162,303 172,221 47,208
Oct.
1
8
148,158 169,408 199,094 59,823
“
15
160,233 181,714 210,307 79,597
“
22
102.230 214,461 236,341 97,887
“
29
157,280 245,613 254,830 115.034
“
..
Total East India, Ac
Total American
27
1879.
Stock at Interior Ports Rec'pts from PlanVns.
4,657
5.693
23
Sept, 3
5,000
..
..
1878.
173,000
Total American
..1,466,832 1,132,436 1,078,888 1,062.371
East Indian, Brazil, dec.—
Liverpool stock
132,000
131,000
151,000
233,000
London stock
40,100
56.183
27.000
31,250
Continental stocks
83,941
93,938
50,750
87,250
India afloat for Europe
81,374
6V)00
103,000
40,000
Egypt, Brazil, Ac., afloat....
Receipts at the Ports.
ending—
*
Liverpool stock
from
5,000
Total visible supply
1 ,814,873 1,531,945 1,440,888 1.478,621
Of tlie aoove, the totals of American and other descriptions are as follows:
American—
[Vol. XXXI.
416,250
..1,466,832 1,132,436 1,078,838 1,062,371
1879.
1880.
11,477
7,403
7,301
9,593
14,563
23,896
40,774
52,207
63,913
SI,227
95,993
115,-35
35,473
2,549
1 890
29,864
5,460
829
2,787
27,702
16,378
30,136
56,423
81,761
110,358
140,326
160,773
180,007
180,526
174,427
4,713
16,217
35,019
86,266
144,607
173,736
186,114
194,028
229,227
265,355
19,021
21,770
25,550
38.094
61,009
78,735
103,036
121,895
152,765
179.676
1378.
1879.
1880.
2 657
36,090'
64,897
115,239-
159,328'
189.947
233,445
229,176
267,211
281,741
The above statement shows—
1. That the total receipts from the plantations since
Sept. 1 in
1880 were 1,549,029 bales; in 1879 were 1,330,569 bales; m 1878
Total visible supply
..1,814.873 1,531.945 1,440.883 1,478.621
Price Mid. Upl., Liverpool...
6%d.
7381.
511i(jd.
638.1.
were 1,114,737 bales.
The above figures indicate an increase in the cotton in
sight
2. That the receipts at the
to-night of 282,928 bales as compared with the same date of 1879,
out-ports the past week were
an increase of 373,985 bales as
254,830
bales, and the actual movement from plantations 281,741
compared with the corresponding
date of 1878, and an increase of 33(5,252 bales as
compared with bales, the balance being added to stocks at the interior ports.
Last year the receipts from the
1877.
plantations for the same week
In the preceding visible supply table we have heretofore
were 265,355 bales and for 1878
they
were 174,427 bales.
only
included the interior stocks at the seven
original interior towns.
Weather Reports by Telegraph.—Some
As we did not have the record of the new interior towns for the
four years, we could not make a
comparison in any other
That difficulty no longer exists, and we therefore make theway.
fol¬
rain has fallen in
most districts of the
South the past week,
interfering more or
ingathering of the crop. But otherwise the condi¬
lowing comparison, which includes the stocks at the nineteen tions have been
fairly favorable, *no serious damages from frost
towns given weekly in our table of interior stocks instead of
only
the old seven towns. We shall continue this double statement for being reported anywhere.
a time, but
Galveston, Texas.—It has rained hard on one day the past
finally shall simply substitute the nineteen towns for
the seven
towns
m
the
less with the
preceding table.
American—
1880.
Liverpool stock
1870.
1878.
228.000
03.000
420,000
041,033
179.076
142,000
151,000
159,000
270,000
424,154
bales
Continental stocks
American afloat to Europe
United States stock
United 8tate3 interior stocks..
United States exports to-day..
Tota American
East Indian, brazil, d-c.—
Liverpool stock
London stock
Continental stocks
India afloat for Europe
Egypt, Brazil, Ac., afloat...
Total East India, &c
Total American..
Total visible supply
524,68.3
115.735
11,000
31,000
no
231,000
172,000
421,193
115,034
21,000
10\8L4
5,000
*
1,547,759 1,206,891 1,140,183 1,108.012
132.000
10.100
83.9 41
63,oo0
29,000
343,0 4 L
These
51,000
342,403
week, the rainfall reaching one inch and three hundredths ; bnt
serious damage has been done. The thermometer has
ranged
from 57 to 78, averaging 66.
Picking has been interfered with,
by the election excitement.
Indianola, Texas.—We have had showers on two days of
the week, with a rainfall of ninety-five hundredths of an inch.
Average thermometer 67, highest 81 and lowest 52. Picking has
been interfered with by the election excitement.
Corsicana, Texas.—It rained hard on one day the past week,
followed by a cold norther, but no serious
damage has resulted,
Picking has been interrupted by the election excitement. Pros¬
pect unchanged.
Average thermometer 59, highest 80, and
lowest 41, and rainfall one inch and
forty-six hundredths.
Dallas, Texas.—It has rained hard on two days the past week,
1877.
173,000
131,000
56,133
93,9 S3
31,374
36,914
151,000
31,250
50,750
233,000
27.000
87,250
40,000
.
108,000
21,000
29,000
399,459
362.000
41G.250
1,206,891 11,140,188 1,108,012
1,895.300 1,606,350 1,502,188 1,524,262
figures indicate an increase in the cotton in sight to¬
night of 289,450 bales as compared with the same date of 1879, an the rainfall reaching one inch and ninety hundredths. The
increase of 393,612 bales as compared with the
corresponding date thermometer has averaged 59, ranging from 41 to 80. Accounts
of 1878, and an increase of 371,538 bales as
compared with 1877. from the interior are conflicting, but .it is probable that no great
At the Interior Ports the movement—that is the
receipts damage has been done. The high wind has prevented frost.
and shipments for the week, and stocks
to-night, and for the The election excitement is
interfering with picking, but if it can
corresponding week of 1879—is set out in detail in the following
all be picked the crop here will much exceed that of last year.
statement.
Brenham, Texas.—We have had hard showers on two days,
Week ending Oct. 22, ’80.
Week ending Oct. 31, ’79.
the rainfall aggregating one inch, but no serious damage has
resulted. Picking is being interfered with by the election excite¬
Receipts. Shipin’ts Stock.
Receipts. Shipm’ts Slock.
ment.
Prospects unchanged. Average thermometer 64, highest
12,159
Augusta, Ga
10,518
13,127
10,156
8,406
4,737
■
Columbus, Ga
6,032
4,887
Macon, Ga
3,901
6,462
4,200
2,666
5,988
22,799
4,246
14,186
Eashville,Tenn..
3,795
6,640
.1,500
6,253
Total, old ports.
59,799
47,210
98,749
Dallas,Texas
Jefferson, Text..
Shreveport, La...
3,091
1,200
3,793
1,871
Vicksburg, Miss.
Columbus, Miss..
4.624
3,470
1,005
481
Eufaula, Ala.
Griffin, Ga
Atlanta, Ga
Borne, Ga
Charlotte, N. C...
Bt. Louis, Mo....
4.584
1,872
2,423
2,703
2,244
Montgomery, Ala
Selma, Ala*
Memphis, Tenn..
...
...
Clnoiimati, 0
Total, new p’rts
Total, all
2,758
2,174
5,266
1,438
2,822
6,639
38,307
27,455
41,330
3,283
1,139
3,635
1,500
3,914
700
2,523
1.967
700
6,326
200
4.725
6,526
3,791
5,772
1.780
5,595
3,329
1.627
1,573
1,7(59
6,375
1,361
1,519
1,340
1,225
6.878
5.200
3,403
18,000
9,860
65,964
51,612
125,763
4,166
2,922
5.792
3.590
7,101
8,921
4,500
2,499
7,206
4,140
4,834
14,054
7,707
9,861
5,993
12,098
7,049
11,416
'
7,000 !
41,419
2,857
3, L75
15,346
11,982
6,498
6.812
532
4,297
2,634
23,500
5,470
80.927
98,852 179,676
4,591
1,426
5,482
4,236
1
80 and lowest 45.
Waco, Texas.—There have been hard rains at this point on two
days, the rainfall reaching one inch; but no great harm has been
done. The election excitement is interfering with picking, but if
we can pick it, our crop
will much exceed last year’s. Frost has
been prevented by the high wind. Average thermometer 61,
highest 80 and lowest 43.
New Orleans, Louisiana.—Rain has fallen during the past
week on two days, the rainfall reaching one inch and one hun¬
dredth. The thermometer has averaged 64.
Shreveport, Louisiana.—The first four days of the past week
were fair to clear, and cool, but the last three have been
cloudy
and rainy, the rainfall reaching one inch and
forty hundredths ;
and roads will be in poor condition for a few
days in consequence.
Average thermometer 60, highest 78 and lowest 43.
Vicksburg, Mississippi.—The earlier part of the past week
was clear and pleasant, but we have had rain on two
days the
latter portion. Planters are sending their cotton to market
3,388
3,023
208
23,4(50
6,465
18-294
5,423
43.844
3,856
64,489
55,599
74,405
102,796 i 83,054 115,735
'This year’s figures estimated.
t Estimated.
The above totals show that the old interior
stocks have in¬
creased
during the week 12,559 bales, and
to-night 57,419
bales more than at the same
period last year. The receipts at
the same towns have have been
21,492 bales more than the same
week last year.
are
freely.
j
*
-*
1
Columbus, Mississippi.—It has rained during the week on
one
day, an unusually
severe storm, the rainfall
reaching two and.
V
October
THE
SO, 1880.]
#eventy-five hundredths inches.
from 52 to 72, averaging 63.
Little Hock,
CHRONICLE.
The thermometer has ranged
Arkansas.—Saturday and Sunday last
the
only clear days of the week.' The remaining portion has been
•cloudy, with rain on four days,—to a depth of one inch and fortynine hundredths. Average thermometer 54,
highest 72 and low¬
were
459
Great Britain
Continent—
and
Stock Oct. 1
Deliveries
during
year
Total supply
Total consumption
est 35.
Stock Oct. 1 (end of year)
Nashville, Tennessee.—It has rained during the past week on
four days, the rainfall reaching two inches and
Our dispatch also contains the
forty hundredths.
The thermometer has ranged from 37 to 68,
averaging 52.
as follows:
Memphis, Tennessee.—It has rained on four days the past
week, the rainfall reaching two inches and nineteen hundredths,
and it is still raining. Average thermometer 53,
highest 71 and Great Britain.
lowest 40. There have been but two
days of picking this week. Continent
We had a killing frost last Friday night, but no serious
damage
1879-80.
1878-79.
121,000
6,118,000
152,000
5,408,000
6,239,000
6,075,000
5,560,000
5,439,000
164,000
121,000
weekly consumption
average
1879-80.
1 1878-79.
i
63,810
51,905
54,152
49,923
done.
Total
115,715
104,075
Mobile, Alabama.—The earlier portion of the past week was
The cable states, in explanation of the
above, that Mr. Ellison
•clear and pleasant, but it has rained on two
days the latter part, makes each
year’s consumption 52^ weeks. We do not fully
one day
severely and one day severely and constantly. We have
had a frost, but not a killing frost. Crop accounts are less favor¬ understand the'reason, but it will be seen—by
comparing the
able, as we are having too much rain. Average thermometer 63, total with the
weekly consumption—that such is the fact, except
highest 78 and lowest 42, and rainfall four inches and fiftywas
seven
hundredths.
Montgomery, Alabama.—The weather the earlier part of the
was clear and pleasant, but we are having a
light rain
to-day (Friday). The thermometer has averaged 60, the highest
past week
for the Continent last year.
Gunny Bags, Bagging, Etc.—Bagging has not
changed, and
but little increase is to be noticed in tne
inquiry.
There is no
demand for round lots, and the jobbing trade is
light; buyers are
waiting for the new month before making purchases. Prices are
inch.
quoted at last week’s range, but there is a steady feeling among
Selma, Alabama.—Rain has fallen on two days, but the rest Holders, who are not willing to sell at less than 10c. for 1%
lb3,
of the week ha3 been pleasant. Planters are
sending
cotton to 11c. for 2 lbs. and ll%@12e. for standard qualities; though we
market freely.
hear that a few lots might be had at a shade under this. Butts
Madison, Florida.—Rain has fallen during the past week on are firmly held, without, much inquiry beyond
a light jobbing
two days. The thermometer has
averaged 68, the highest point inquiry. Manufacturers are not laying in stock at the moment,
touchea having been 86 and the lowest 50.
ana the market is nominal at 2%@2%c. for
paper grades, while
Macon, Georgia.—Telegram not received.
spinning qualities are held at 2% @3c.
Columbus, Georgia.—It has rained on one day the past week,
Comparative Port Receipts and Daily Crop Movement.—
the rainfall reaching seventeen hundredths of an inch. The
A
comparison of the port movement by weeks is not accurate,
thermometer has averaged 61.
Savannahy Georgia.—We have had rain on two days, the as the weeks in different years do not end on the same day of the
rainfall reaching one inch and
forty-one hundredths ; but the month. ‘ We have consequently added to our other standing
balance of the week has been pleasant.
Average thermometer tables a daily and monthly statement, that the reader may con¬
60, highest 74 and lowest 44.
Augusta, Georgia.—We have had a light rain on one day, stantly have before him the data for seeing the exact relative
and a light frost on one
(Tuesday) night. The balance of the movement for the years named. The movement each month
week has been pleasant, the thermometer
averaging 57 and rang¬ since Sent. 1 has been as follows.
ing from 39 to 75. Picking is making rapid progress and plant¬
ers are
Year Beginning September 1.
sending cotton to market freely.
Monthly
Charleston, South Carolina.—It has rained on one day the Receipts.
1800.
1879.
1878.
1877.
1876.
1875.
past week, the rainfall reaching sixteen hundredths of an inch.
The thermometer has averaged 59, the
highest being 72 and the Sept’mb’r 458,478 333,643 288,848
95,272 236,868
169,077
lowest 45.
being 75 and tne lowest 38, and the rainfall has been
dredths of
seven
hun¬
an
*
Pero’tage of tot. port
.
The
following statement
we
have also received by telegraph,
showing the height of the rivers at the points named at
October 28, 1880, and October 30, 1879.
New Orleans
Below high-watermark
Above low-water mark...
Above low-water mark...
Above low-water mark...
Above low-water mark...
..
Memphis
Nashville
Shreveport
Vicksburg
Oct. 28, ’80.
Feet. Inch.
12
4
3
8
1
10
6
4
•
Oct. 30. *79.
Feet. Inch.
13
4
1
8
9
8
Missing.
Missing.
6
8
New Orleans reported below high-water mark of 1871 until
;Sept.‘ 9, 1874, when the zero of gauge was changed to high-water
mark of April 15 and 16, 1874, which is 6-10ths of a
foot above
1871, or 16 feet above low-water mark at that point.
Ellison’s Annual Report.—We have received
by cable the
results of Mr. Ellison’s Annual Cotton
Review, which
have been issued Thursday of this week.
413
at
so
late
an
hour,
appears to
we are able to do no more with them than
These returns
figures for last
are
all in bales
year
Deliveries during year
Total supply for year
Total consumption for year,
Stoek Oct. 1 (end of year)
Consumption during year..
Stock Oct. 1 'em! of
year)..
The totals for the whole of
follows.
add them below.
1879-80.
27.000
1878-79.
<
3,350,000
35,000
2,835,000
3,377,000
3,350,000
2,870,000
2,843,000
27,000
Continent—
Stock Oct* 1 (beginning of year)
year
we
of 400 lbs. each.
Great Britain—
Stock Oct. 1 (beginning of
year)
Deliveries during
and
cables
94,000
27,000
2,768,000
117,000
2,673,000
2.862,000
2,725,000
2,690,000
2,596,000
137,000
94,000
Europe for the two
years are as
06-67
06-49
This statement shows that up to
0219
05 87
0403
Sept. 30 the receipts at the
ports this
year were 124,835 bales'more than in 1879 and 169,630
than-at the same time in 1878. By adding to the
above totals to Sept. 30 the daily receipts since that time,
bales
more
we
shall be able to reach
an
exact
comparison of the movement for
the different years.
1880.
rot.Sep30
Oct. 1....
“
2....
“
3....
“
4....
1379.
458,478
35,186
31,901
“
5....
“
6....
“
7....
25,161
“
8....
“
9....
44,019
30,536
“
10....
8.
“
11....
“
12....
“
13....
“
14....
"
is..;.
M
16....
33,937
37,697
34,515
33,776
39,856
44,637
M
17....
8.
“
18....
"
19....
“
20....
33,729
37,058
35,650
M
21....
31,901
“
22....
48,36 ;
“
23....
35,713
“
24....
8.
“
25....
1876.
333,643
283,848
95,272
20,785
23,599
23,233.
17,537
24,18r
13,941
8.
9,741
12,179
10,720
12,903
10,210
30,714
15,02 i
19,*5 34
19,197
22,115
19,247
'"22,862
8.
8.
37,355
25,809
21,335
23,504
35,621
21,819
25,800
24,369
21,966
22,539
27,622
8.
41,177
25,343
*
8.
27,376
26.622
*
8.
236,86-
18.609
8.
21,523
19,304
18,399
21,302
32,019
21,533
20,722
18,956
20,349
19,812
14,375
26,402
8.
29,014
27,761
20,549
31,161
22,510
35,142
21,031
20,815
21,359
23,6321
21,673
24,791
21,84o
34.631
8.
26,617
22,373
23,825
40,395
34,763
8.
8.
43,101
32,551
•
'1877.
1878.
21,495
35,016
25,734
8.?
,39,051
33,555
25,374
As the figures reach
simply give the cable dispatch. Our correspondent also
•the rectified
receipts Sept. 30..
3 o’clock
25,507
35,566
42,970
23,157
26,434
33,787
30,656
27,174
26,606
22,098
22,759
29,189
8.
33,513
8.
23....
27....
35,110
50,407
8.
27,113
“
23....
33.513
29
65,192
41,656
27,552
32,576
24,936
8.
“
34,194
8.
1,391,290 1,122,571
928,316
620,015
Total
Percentage of tit-a
pTt rec’Dts Oct. 29.
r
22-41
29«7
14-2 1
15,078
16,384
19,445
17,384
8.
32,312
21,822
20,576
20,518
25,171
19,629
8.
“
...
20,118
23,753
25,931
23,463
22,054
27,825
20,782
“
*
8.
19,503
27,321
50:137
35,lir
8.
169,077
14,531
12,096
21,034
33,824
25,325
23,574
29,17'
23,764
23,715
25.275
1875.
835,032
20-63
8.
43.015
30,784
21,477
27,845
24,746
740,367
17 66
CHRONICLE.
LHE
4(50
[VOL. XXXI.
The Exports of Cotton from New
York this week snow a
the receipts since Sept. 1 up to
decrease, as compared with last week, the total reaching 11,397
t#-night are now 271,725 bales more than they were to- the same
bales, against 13,160 bales last week. Below we give our usual
day of the month in 11379 and 465,950 bales more than they were
table showing the exports of cotton from New York, and their
o tli* same day of the month in 1878.
We add to the last table
direction, for each of the last four weeks; also the total exports
he percentages of total port receipts which had been received to
and direction since Sept. 1,1880, and in the last column the total
October 29 in each of the years named.
for the same period of the previous year.
.
This statement shows that
Ports.—The figures which
of
India Cotton Movement from all
collected for
are now
us,
and forwarded by cable each Friday,
shipments from Calcutta, Madras, Tuticorin, Carwar, &c.,
<p^ble us, in connection with our previously-received report from
Bombay, to furnish our readers with a full and complete India
movement for each week.
We first give the Bombay statement
New York since Sept. 1.1880.
Bkports of Cotton (bales) from
.
he
far the week and jrear,
Con ti¬
tle nt
I960
1879
1,000
1,000
6,000
4,000
5,000
1,000
4.000
1878
1877
Total.
Conti¬
Great
Britain
Receipts.
nent.
8,000 1,102,000
860.000
606,000
710,000
7,000 360.000 500,000
5,000 252.000 354.000
5,000 317.000 393.000
5.000 379,000 416,000
Since
Jan. 1.
Th is
Week.
Total.
828,000
7.000
4.000
874,000
5,000 1,011,000
795,000
the
same
week and years
has been as follows.
Conti¬
Great
Britain.
1880
1879
1878
...
Total.
nent.
2,000
4,000
2,000
3,000
3,000
4,00 >
1877
Great
Britain.
Conti¬
207.000
206,000
82,000
108,000
133,000
79,000
69,000
51,000
Total.
nent.
289,000
314,000
202,000
130,000
The above totals for this week show that the movement
the ports other than Bombay Is 2,000 bales less than same
of last year.
For the whole of India, therefore, the
shipments
corresponding weeks and periods of the two previous years, are
follows.
EXPORTS TO EUROPE FROM ALL
Europe
from—
All other
p’rts
Total
1878.
Since
This
week.
Jan. 1.
5,000
3,000
710,000
4,000
606,000
3L4.000
9,000
920,000
8,000
912,000
860,000
5,000
289,000
9,000 1,149,000
7,000
2,000
Bombay
INDIA.
Since
Jan. 1.
This
week.
Since
Jan. 1.
Th is
week.
Oct.
20.
Oct.
13.
9,769
7,635 10,082
9,769
7,635
Havre
Oct.
since
period
prcvVu&
27.
Sept. 1.
year.
7,490
806
86,724 108,859
806
2,880
10,082! 8,296 87,530 111,739
|
2,347
700'
1,093
9,397
11,358
2,347
700
1,093
9,397
11,358-
250
8,350
6,030
1,242
7,270
2,399
1,782
1,673
15,622
11,451
335
335
Other French ports
Total French
Bremen and Hanover
3,293
729
202
1,649
1,221
50
899
651
50
4,843
2,378
...
Hamburg
Other ports
Total to North. Europe
Spain, Op’rto, Gibralt’r,&c
2,956-
All other
2,956
335
335
IJotal Spain, &c
9,819 14.825 13.160 11.397 112,884 137,504
Grand Total
The Following are the receipts of Cotton at
202,000
New York,.
Boston, Philadelphia and Baltimore for the past week, and since
September 1, 1880.
Since
This
week.
N. Orl’an8
Texas....
Savannah
Mobile...
Florida.
Sept. 1.
9,347
21,385
30,629
48,166
2,087
257
“638
9,219
1,090
Virginia.. 10,418
North, pts
1,100
Tenn.. &c. 3,762
31,283
9,298
34
737
.
Foreign..
This year.
This
week.
Si nee
This
Since
Sept. 1. week. Sept.l.
This
week.
Since
Sept. 1.
1.
i,373
84 i '5,741
2,623
9,113
■
-
4,717
63,435
1.099
1,979
9,462
4,661
1,049
37,314 217,012
Baltimore.
| Philadelphia.
Boston.
New York.
Receipts
from—
S.Car’lina
N Car’lina
1879.
1880.
Shipments
to alt
Total to Great Britain
from
week
total
this week and since January 1, 1880, and for the
as
Total
Snipmenls since January 1.
Shipments this week.
Year.
RANGOON AND KURRACHEE.
TUTICORIN. CARWAR,
CALCUTTA. MADRAS.
Same
ending-
Other British ports
According to the foregoing, Bombay appears to show an
increase compared with last year in the week’s receipts of 1,000
bales and an increase in the shipments of 2,000 bales; and the
shipments since January 1 show an increase of 254,000 bales.
The movement at Calcutta, Madras, Tuticorin, Carwar, &c., for
:
Oct.
6.
Liverpool
SHIPMENTS FOR FOUR YEARS.
Shipments since Jan. 1.
Shipments this week-.
Great
BriVn.
Exported to—
bringing the figures down to October 28.
BOMBAY RECEIPTS AND
Year
Week
5,963
16,905
9,689
1,501
4,818-
2,934
24,091
"770 5,538
485......
6,809
32,180
1,611 11,279
.5,808
43,224
60.716
2,183 13,938
8,912|
33,899'
1
Last year. 27,279
222,584il3,163!
cotton from the United
States
the
past
week,
as
per
latest
mail
returns, have reached
the
of
three 110,957 bales. So far as the Southern ports are concerned, these
years up to date, at all India ports.
are the same exports reported by telegraph, and published in
Alexandria Receipts and Shipments.—Through arrangements the Chronicle last Friday.
With regard to New York, we
we have made with Messrs. Davies, Benachi & Co., of Liverpool
include the manifests of all vessels cleared up to Wednesday
and Alexandria, we now receive a weekly cable of the movements
Of cotton at Alexandria, Egypt. The following are the receipts night of this week.
Total bales►
and shipments for the past week and for the coi responding week
New York—To Liverpool, per steamers Italy, 1,669
Brit¬
of the previous two years.
annic, 667
Nevada, 2,748
Olbers, 1,098
Algeria,
Shipping
News.—The exports of
This last statement affords a very interesting comparison
total movement for the week ending Oct. 28, and for the
Alexandria, Egypt,
Oct. 28.
‘
Receipts (cautars*)—
<
This
week.
Exports (bales)—
To Liverpool....
8,500
*
‘
Sept. 1.
20,000
3,610
8,000
4,724
23,610
12,724
This
week.
Since
Sept. 1.
41,606
5,000
10,934|
1,500
22,500
6,500
52,540-
6.500
29.000
A cantar is 98 lbs.
This statement shows that the
Oct. 28 were 130,000 cautars and
were
'
Since
Th is
week.
Since
To Continent...
Total Europe
740,000
Sept. 1.
8,500
80,000
290,000
190,000
130,000
285,500
Tliis week....
Since Sept. 1
931
Adriatic, 377
To Hull, per steamer Marengo, 806
To Havre, per steamers Labrador,
1878.
1879.
1880.
receipts for the week ending
the shipments to all Europe
report received from Manchester
to-niglit states that there is no change in the
that the demand is restricted and prices favor
the prices of to-day below, and leave previous
quotations, except
buyers.
We give
weeks’ prices for
comparison:
1879.
1880.
“
“
“
10
17
24
Oct.
1
“
8
“
15
22
29
“
“
Cotl’n
8.
d.
9
9
9
9
9
e.
®7
®7
®7
®7
®7
7i$®7
7
8
9
9
®7
®7
®8
'SS
32s Cop.
heist.
Mid.
Shi)-tings.
6
9q®10
978 (»
978 6
078 6
978 6
97s 16
9^ 6
978 6
938®1018,6
913®
9*8®
918®
9*6®
914®
916®
9r4®
26,274
4,671
1,001
3,879
1,900
4,656
2,300
4,031
3,039
Charleston—To Liverpool, per bark Winona, 2,300 Upland
To Havre, per steamer Navigation, 4,031 Upland
To Bremen, per steamer Monica, 3,036 Upland
Port Royal—To Liverpool, per steamer Matthew
Curtis, 5,002
Ashbrooke, 4,209 Up¬
land
Kingston, 3,444 Upland and 219 Sea Island
To Bremen, per steamer Swaledalo, 5,000 Upland
To Rotterdam, per bark Sorrideren, 1,350 Upland
To Barcelona, per bark Nalon, 710 Upland
Texas—To Liverpool^ per steamer Lady Lycett, 4,600
per
bark Emma Crook, 482
To Cork, for orders, per brig Miletus, 880
Wilmington—To Liverpoo., per barks Gustafa,
mett, 1,3S0
SH lbs.
32* Cop.
Twist.
Ag. 27
Sep. 3
1,093202
1,221
250
335
5,002-
Savannah—To Liverpool, per steamers
Manchester Market.—Our
d.
St. Laurent, 235
....Caldera, 199
To Bremen, per steamer Oder, 202
To Hamburg, per steamers Cimbria, 721
Lessing, 500
To Antwerp, per steamer D. Steinmann.250
To Gibraltar, per steamer Powhatan, 335
New Orleans—To Liverpool, per steamers Gilsland, 3,700
Explorer, 3,650
Mississippi, 4,960
Swiftsure, 5,764
Emiliaue, 4,500
Border Chieftain, 3,700
To Havre, per steamer Arethusa. 4,671
To Rouen, per steamer Alicia, 1,001
To Bremen, per steamer America, 3,879
To Antwerp, per steamer Sheikh, 1,900
To Reval, per steamer Cherubini, 4,656
Upland.
S,500 bales.
d.
659
7,490 '
809
d.
9
9
9
9
9
9
8
9
0
0
Tplds
d.
d.
d.
7
S78
The
The
The
613^
87e
97e
®9k»
®9!-3
©913
®9*g
378
'®91a
Th 6 S78
815p,®97i6
9
6\
6%
6%
®95g
a.
G
6
6
6
6
6
6
814 lbs.
Cotl’n
Mid
Shirtings.
Uplds
d.
p.
3
Jbl
3
©7
3
©7
3
®7
3
®7
3 'cbl
d.
6
6
6
6
6
6
4^®7
7h
6H10
Gllis
9li0®9iilg
6 4yi«'®7
9
9 *8
9 *3
® 9 3*
6
7ig
® 9 34
6
41g®7
4^®7
713
a.
Gi316
613iC
61316
«916
G5^
6I3
678
738
Norfolk—To
Liverpool,
per
1,180—Hjcm-
steamers Finsbury, 5,640
bourne, 5,905
Baltimore—To Liverpool, per steamers
East¬
Teniers, 1,900—Cas¬
pian, 1,500
1.
Boston—To Liverpool, per steamers Bulgarian, 635
Iberian,
588
Partkia, 443
Pharos. 223 '
Philadelphia—To Liverpool, per steamer British Crown, 2,103
and 104 Sea Island
San Francisco—To Liverpool, per bark Duunerdale, 315(foreign)
Total
The
particulars of these shipments,
form, are as follows:
.
7,872
5,000
1,350
710
5,082
880
2,560
11,547V
3,400
1,889
2,207
315
110,957
arranged in our usual
THE CHRONICLE.
30, 1880.]
October
B
Hull Htvre
and
and
Cork. R men.
Liver¬
pool.
New York..
7,460
N. Orleans. 2 >,‘274
Charleston.
2.300
Port Royal.
5,002
Savannah..
7,872
Texas
5,082
805
-emeu
Antw’p
Barce-
and
Iona and
Gib-
and
Ham-
Rotter-
burg.
1,093
5,072
4,031
dam. Reval.
1,423
3,879
3,030
250
1,900
5,000
1,350
raltar.
335
d.
5,002
11,932
5,962
2,500
11,545
3,400
880
Wilmington
?
j
d. |
Delivery.
6H32 I Jan.-Feb
6U32 | Feb.-Mar
Delivery.
6%®2332 I Nov.-Dee
Gi332 I Dee.-Jan
Oct
Oct.-Nov
42,381
9,307
710
2,560
Norfolk.... 11,545
Baltimore..
3,400
Boston
1,889
Friday.
Delivery.
Total.
11,397
4,656
461
d.
Oil™
63a'
BREADSTUPPS.
Friday, P. M., Oct. 29, 1880.
There has been
and
prices
moderate demand for flour of all grades,
a
without important change, from last week.
are
Included in above are, from Philadelphia, 50 bales to Antwerp.
In
fact, it would be difficult to point out any new feature of im¬
portance. The extreme scarcity of rye flour, caused by the
inability of mills in the interior to work, has continued, and
Below
extreme
1.889
2,207
Philadelp’a
8. Francisco
2,207
315
315
Total... 75,936
1,086 10,796 13,338
4,656
1.045 110,957
received to date of disasters
Carrying cotton from United States ports, etc.:
we
give all
3,500
news
to vessels
Flamsteed, steamer (Br.)—A fire broke out prior to Oct. 21 in the cotton
on board of the steamer Flamsteed, (Br.) at New Orleans, for
Liverpool. Only a few bales were scorched. No serious damage
done.
was
The burnt bales have been taken out of the hold and
lay on the deck, awaiting inspection by the Board of Underwriters
and others. The vessel cleared, Oct. 25. for Liverpool.
Potomac, steamer (Br.), Watson, from Norfolk, Va., Oct. 10, for Liver¬
pool, put into Halifax, A. M. Oct. 20, with shaft broken. The
accident occurred on the 20th. She will probably repair at Norfolk.
-
Cotton
freights the past week have been
Satur.
Liverpool, steam d.
Do
sail...d.
sail
Do
*8
c.
Bremen, steam.
....
710
Hamburg, steam, d. 910® %
sail.. rd.
Do
....
Do
d.
sail
....
Thurs.
*8
•
Fri.
....
....
7i0®>1a
710® *2
....
....
....
710®12
....
33®910
710
910® ®8
58®1110
....
....
710®12
....
....
710® *2
....
have the following
we
sales, stocks, &c., at that port:
Get. 8.
-
bales.
57.000
Sales American
Of which exporters took
Of which speculators took..
Actual export
Forwarded
Total stock—Estimated
Of which American—Estim’d
Total import of the week
Of which American
Amount afloat
Of which American
43,000
4.700
....
Oct.
15.
Oct. 22
550
5,500
2.700
439,000
7.700
30,500
18,000
203,000
4,400
396,000
244,000
34,000
33,000
243,000
166.000
204,000
267.000
Oct. 29.
77,000
56,000
4,700
3,400
4,800
4,200
368,000
226,000
49,000
38,500
260,000
223,000
73,000
54,000
7,000
1,530
are
realized in
small way; but it is thought
a
remedy the difficulty. Southern com
To-day the market was dull.
meal also continues very scarce.
The wheat market has been active, but at variable
prices,
little change. The receipts have
been very large, but have gone off freely, leaving the market
without burdensome accumulations. The speculation in futures
has continued active, but neither
party to the dealings has
gained much advantage, and the course of prices in the early
future will no doubt be controlled to some extent by manipula¬
tion. Yesterday No. 2 red winter sold at $1 16%@$1 17 on the
spot, $1 16*%@$117M for November, $1 18@$118% for Decem¬
showing for the week
very
....
*2®910
710
9I6®58
....
Liverpool.—By cable from Liverpool,
Sales of the week
^8
....
*3®916
7I0
910® ®8
....
....
c.
statement of the week’s
%
....
58®ll10 58®lli6
....
716® *2
•
1a®9ie
7i«
»16®58
5g® lljC
sail...d.
Baltic, steam
•
7i*
910®38
c.
Amst’d’m, steam.e.
Wednes.
®8
....
,c.
sail
Do
Tuts.
14®532
%®632 x4®533 j4®532 %®532 *4®632
S16®732 S10®732 510®732 516®732 316®732 3I6®732
Havre, steam—c.
Do
Jton.
follows:
as
prices
that recent rains will
55,000
40,000
7.200
3,300
7,700
4.200
360,000
228,000
48.000
43,500
301,000
268,000
ber and $1 19%@$1 20 for
January ; No. 1 white at $1 14%@
the spot, $1 15@$1 15% for November, and $1 16%@
$1 17XA for December. To-day the market was rather stronger
$1 15
on
but less active.
Indian
has
brought more money on the spot; futures,
also, show decided improvement, although it is understood that
large supplies are coming forward. Yesterday No. 2 mixed
sold at 55%@56c., spot and November, and 56%c. for Decem¬
ber; also, No. 2 white, 60%c.; fair do., 58%c. To-day there
corn
decided
change, but
rather stronger tone at the close.
Rye has been dull, and prices are barely sustained at the late
was no
a
advance.
Barley met with an active demand, and prices are
decidedly better. There were large transactions in “ No. 1
bright ” Canada at $1, and in two-rowed State at 72@73c.; No.
2 Canada and prime six-rowed State sold at 87c.; No. 1 Canada,
91c.
To-day prices were held for a further advance, which
checked business.
The tone of the
week
Leon
Liverpool market for spots and futures each day of the
ending Oct. 29, and the daily closing prices of spot cotton, have
as
follows:
Saturday Monday.
Spot.
Mod.
inq.
Market, {
freely
12:30 P.M.
supplied.
6%
Mid.Upl’ds
J
Mid. Orl’ns.
7*l«
Tuesday.
Wednes.
Dull
Mod! nq.
and
easier.
supplied.
Dull
and
easier.
6^10
7
Thursd'y.
Friday.
Nominal.
Unch’ged,
freely
6&«
6*8
63*
6i510
6%
61510
61&10
6l»is
6,000
1,000
8,000
8,000
2,000
8,000
Market, (
$
5 P. M.
Bales
7,000
1,000
s.
Spec. A exp.
8,000
1,000
1,000
)
5 P. M.
J
Quiet
Weak.
Steady.
Very
but
dull.
steady.
2,000
Barely
steady.
Easier.
The actual sales of futures at Liverpool for the same week are
given
below. These sales are on the basis of Uplands, Low
Middling clause,
unless otherwise stated.
Saturday.
Delivery.
d.
Oct
614jg® 58® 3132
Oct.-Nov
61532®71S
Nov.-Dee
6i332
,
Delivery.
d.
d.
| Delivery.
6i3o2 April-May
6i732
67l6 I May-June... L... 6ia32
Dec.-Jan....
Feb.-Mar
Mar.-Apr
61532
|
May-June
6^10
Monday.
Oct
Oct -Nov
Nov.-Dee
Dec.-Jan
Jan.-Feb
G •'*8 0-1 ^;$2
6l;C2
OSs o'1132
G^®11-^
63s
Feb.-Mar
Jan.-Feb
Mar.-Apr
April-May
6Vs
6^
Oct
Oct.-Nov
Apr.-Ma.y
0916
May-Juiie
63q
Feb.-Mar
do XX and XXX...
Winter shipp'g extras.
do XX and XXX...
Patents..
Western ‘*rye mix”...
Gi532
61732
69] g® 1~32
63g® t’32
0»16
Oct
65g®
Oct.-Nov
HlO®-^32 Dec.-Jan.../.
0516
Jan.-Feb
Feb.-Mar
Mar.-Apr
May-June
Nov.-Dee
O^ie
63y
6*2
Oct
69j8
Apr.-May
67.6
Oct.*........ ......61932
65i0
Oct
6 i>16
May-June
West.yellow.
1
West, white
I Rye
Cora meal—
2 85® 3 25
fl.,p. 100 lbs.
55%
58
61
04
40
45
35
38
W.
1
®1 16
®
56
555@®
56*2®
100
State, 4-rowed...
State, 2-rowed...
® 3 40 I Peas—Can’da,b.&f.
2 15® 2 40
Western, Ac
Brandywine. Ac
110
55
®
®1
®
®
61
88
®1 02
84
®
®
72
82
®
88
75
95
(From the “ New York Produce Exchange Weekly.”)
Receipts of flour and grain at Western lake and river ports
ending Oct. 23, 1880 :
for the week
Wheat,
Corn,
Oats,
bush.
bush.
(50 lbs.)
bush.
6Hig®2332
6*2
At—
(196 tbs.)
Chicago
74,689
Milwaukee
Toledo
Detroit
Cleveland
8t. Louis
Peoria
Duluth....
76.526
1,962
9,476
4,131
47,297
1,475
1,800
Barley,
bush.
(32 lbs.) (48 tbs.)
(60 lbs.)
843,043 2,257,371 1,044,402 137,383
383,920
30,010
69.300 129,917
766,354
104.410 81.570
237,856
478,672
13,311
3,077
8,958
37,700
45,000 11,000
62,000
724,774
194,340
153,219 105,764
16,150
193,625
194.550 12,000
175,500
Rye,
bush.
(56 lbs )
60,849
32,300
5.4C9
15,340
31.975
....
Feb.-Mar
Jan.-Feb
May-June
6D32
6*2 “
Apr.-May
6718
85
75
50
40
00
®1 14
®1 17
1 12
®L 19
1 lO^ai 17
Total
227,356 3,426,713 2,983,279 1,024,192 486.592 145,973
game time '79. 191,5V6 3,849,820 2,022,847
841,542 648.316 181,484
Oct
2
Dec.-Jan 62332^3*^233
6°16
5 85®
5 00®
5 80®
6 75 I Oats—Mixed
5 50 I
White
6 15 j Barley—Canada
Flour,
Thursday.
0j>16
5 00®
4 50®
bbls.
6H32®oie
OH32
Jan.-Feb
Red winter
Red winter, No. 2
White
Corn—West, mixed
West’n No. 2
4
0
8
5
0
4 40®
5 00®
6 50®
City shipping extras.
Southern, bakers’ and
family brands
8outh’n ship’g extras.
Rye flour, superfine..
j
No. 3 spring, # bu.$l 12
No. 2 spring
110
-
Wednesday.
03q
4 05® 0 50
.
6D32
O3^
Grain.
# bbl. $3 00® 3 60 I
superfine
4 00® 4 2*0 |
Spring superfine
3 70® 4 00
Spring wheat extras.. 4 30® 4 50
No. 2
Winter
Tuesday.
Oct.
Oct.-Nov
Nov.-Dee
Dec.-Jan
variable
throughout; no material
changes in prices can be quoted, and there has been some irreg¬
ularity. Yesterday No. 2 mixed sold for December at 39%@
39%c. To-day the market was a fraction dearer, with No. 2
graded quoted at 39c. for mixed and 40%c. for white on the
spot.
The following are closing quotations:
Buckw.
6i332
and
active
were
Flour.
Futures.
Market,
Oats
Oct.-Nov
Nov.-Dee
Jan.-Feb
671G
6U32
....6D 32
Total
receipts at
for four years;
same
ports from Jan. 1 to Oct. 23, inclusive,
462
THE CHRONICLE
1880.
Flour
Wheat
1879.
5,108,551
5,454,558
4,477,944
3,821,858
hush.
66,014,324
132,274,577
82,662,912
82,024,630
40,081,179
68,750,596
32,787,043
26,522,974
6,653,653
3,096,056
7.291,892
4,024,668
70,792,268
82,120,293
26,648,471
7,848,552
4,256,528
Barley
Bye
Total grain.... 240,825,653
202,545.076
receipts (crop movement) at the
to Oct. 23,
191,666,112
same
20,286,663
6,464,984
4,492,201
140,075,623
ports from Aug. 1
inclusive, for four years:
1880.
Flour
Wheat
1877.
t)t)ls.
Corn
Oats
Total
1878.
1879.
1878.
1877.
bbls.
1,839,189
1,709,619
1,481,285
1,588,016
hush.
33,064,599
41,593,329
14,759,631
42,669,037
29,789,561
4,047,917
1,703,702
9.460,907
4,851,155
2,131,127
36,785,279
29,616,141
12,987,430
4,917,701
2,197,219
95,169,178
85,277,639
86,503,770
69,246,051
Corn
Oats
Barley
Bye
Total grain
....
26,165.413
25,845,009
9,461,189
3,611,198
1,539,094
Comparative shipments of flour and grain from the
ports from Jan. 1 to Oct. 23, inclusive, for four yeara:
1880.
Flour
Wheat
Com
Oats
1878.
1877
4,071,862
5,949,042
4,746,694
4,062,951
hush.
60,323,280
111,715,027
25,803,196
69,008,009
75,060,894
18,992,235
3,140,642
2,432,864
4,196,017
3,729,226
58,348,131
72,254,885
18,989,294
3,949,216
3,300,454
34,614,507
61,305,947
15,933,015
4,218,715
2,118,169
203,415,009
170,986,381
156,842,030
118,190,353
Total grain
....
shipments from Western lake and river ports for the
weeks ended:
1880.
1879.
1878.
Week
Oct. 23.
Week
Oct. 25.
Week
Oct. 26.
117,438
161,486
102,742
1877.
Week
Oct. 27.
141,407
Wheat...
Corn
Oats
470,686
933,322
329,931
151,849
233,997
186,405
213,133
154,002
Barley
Bye
120,430
88,758
391,979
307,131
401,153
230,136
142,267
105,050
57.368
33,486
2,719
1,387,767
891,528
661,309
Flour
bbls.
Total
1,874,401
Rail and lake
Week
shipments from same ports for last four weeks
Flour,
endinq—
bbls.
Oct. 23...175,334
Oct. 16. ..201.937
Oct.
9...157,300
Oct.
2...154,860
Tot.,4 wks.689,431
Wheat,
Corn,
Oats,
bush.
bush.
2,535.412
bush.
1,803,693
2,716,490
2.718,761
2,157,994
979,426
3.027,528 1,361,644
2,539,629 1,047,051
2,621,714 1,121.429
:
Barley,
Rye,
bush.
bush.
231,265
222,618
90,144
87,954
260,603 127,386
173,993 117,685
9,396,943 10,724,283 4,509,550
833,479 423,169
8,206,736 1,972,234 1,454,650 540,768
4w’ks’79..801.124 11,186,664
Receipts of flour and grain at seaboard ports for the week
ended Oct. 23:
At—
Wheat,
Corn,
Oats,
bush.
bush.
bush.
bbls.
New York
Barley,
bush.
Rye,
bush.
129,603 1,889,292 1,444,074 349,960 104,700 62,098
75,659
59,375
237,620 112,000 11,000
3,280
11,000
2,600
28,701
340,315
133,701
2,170 27,025 34,945
26,095
716,000 479,600 93,600 64,500
2,500
30.452 1,154,400
145,000 31,300
5,200
5,385
79,634
72,053 29,133
'
Boston
Portland
Montreal
Philadelphia
Baltimore
New Orleans
Total week
299,175 4,239,516 2,523,048 620,768 207,225 104,743
Oor. week'79.... 281,820 4,909,253 1,579,828 602,398 383,135 97,249
And from Jan. 1 to Oct. 23, inclusive, for four yeara:
1880.
Flour
Boston
Toronto
Montreal (16th)
bbls.
1879.
1878.
Corn,
bush.
bush.
Peoria
Indianapolis
Kansas City
Baltimore
On rail
On lake (e$t.)
On canal (est.)
44,221
37,896
67,517
933,316
19,695
232,000
225,027
1,713,469
261,205
3,453,000
2,517,000
239,446
Oats,
Barley,
bush.
bush.
81,626
2.931
12,293
460
346.802
64,500
238,754
41,345
20,670
5,454
9,171
100,950
340,879
69,100
45,673
346,174
470,686
10,341
72,400
87,159
95,295
8,406
933,322
46,000
152,000
120,430
110,000
492,000
2,896,000
2,587,000
11,200
Total 0ct.23,’80 17,480,091 19,338,286 4,799,002 2,479,900
16, ’80
15,764,153 20,265,011 4.158,725 2,093,435
Oct.
Oct*.
9, ’80
Oct.
2. *80
14,422,156 19,934,220 3,447,208 2,177.379
14,360,769 19,812,209 2,746,358 1,403,506
14,994,632 19,190,808 2,105,270
816,486
25,691,223 10,413,381 3,092,010 3,790,021
Sept. 25,’80
Oct.
25, ’79
Rye,
bush.
*
2,646
88,758
54,000
865,773
760,501
762,202
664,846
691,S37
812,051
THE DRY GrOOD3 TRADE.
Friday, P. M.. October 29, 1880.
There
tions of
tinned
moderately-increased demand for some descrip¬
dry goods the past week, but the general market conwas a
quiet,
as
is usually the
case
at this stage of the season.
The
upward tendency of cotton goods has arrested the attention
Of large buyers, and liberal sales of brown and bleached cottons
were reported by some of the commission houses.
The demand
for woolen
goods has been less active than expected, and has
barely realized the hopes entertained during the previous week,
buyers—of clothing woolens especially—having manifested a
good deal of hesitancy in their operations. Foreign goods ruled
quiet in both first and second hands, and prices of fancy dress
goods, silks, &c., were weak and unsettled. The dry goods
jobbing trade has been very fair for the time of year, and a
considerable business was effected by the wholesale clothing
houses.
Domestic Cotton
Goods.—During the week ending October
26,1,972 packages of domestics were exported from this port to
foreign markets, including 807 to China, 299 to Great Britain,
202 to United States of Colombia, 186 to British Guiana, 105 to
Venezuela,
&c.
102
to
Mexico,
86
to
Argentine
Republic,
goods market was decidedly firm,,
slight advance in brown drills and low-grade
The tone of the cotton
was
h
brown and bleached cottons, for which there was an
demand
by large jobbers and* converters.
medium fine
bleached
shirtings
were
improved
Liberal sales of
also made by leading
agents, and Lonsdale shirtings were marked up %c. per yard.
Colored cottons, cotton flannels and cottonades were in steady,
but
moderate, demand at unchanged prices. .Print cloths were
less active,
1877.
8,452,304
8,705,064
7,614,282
6,340,645
Wheat
Com
Oats
hush. 104,413,976
120,459,040
19,270,583
122,235,709
Barley
Bye
2,677,213
1,887,112
2,691,094
3,872,063
87,606,037
91,739,002
20,551,079
4,035,385
4,108,099
32.104,348
72,667,226
17,324,838
4,257.650
2,123,967
91,128,492
18,288,961
..
Philadelphia
and there
Flour,
Wheat,
In Store at—
same
hhls.
Barley
Bye
Rail
1879.
[Vot. XXXI,
64s. and
and prices were a trifle easier at 4%@4%c. for $4^
3/£@3 9-16c. for 56x60s. Prints were in irregular de¬
mand, but
on
the whole quiet; and ginghams were sluggish and
steady.
Domestic Woolen Goods.—There
fair
inquiry for spring
cassimeres, suitings and worsted coatings by the clothing trade,
Total grain
248,707,929 238,208,319 208,039,602 128,478,029 but the volume of business -was not as
large as expected, and
Exports from United States seaboard ports and from Montreal buyers were exacting in their demands for price concessions,
for week ending Oct. 23:
despite the relatively low figures at which such fabrics have been
Flour,
Corn,
Oats,
Wheat,
Rye,
Peas, placed upon the market. Fair orders were, however, placed for
From—
bbls.
bush.
bush.
bush.
bush.
bxish
low and medium-grade cassimeres and suitings, and light weight
New York
85,632 1,341,744 1,455,778
2,725 29,569
1,919
Boston
15,128
162,239
satinets were rather more active.
8,115
Heavy cassimeres and suit¬
60
Portland
28,387
Montreal
ings
in
moderate
request,
but
prices are low and unrewere
202,836
16,637
322,855
271,447
600
5,598
213,524
399,786
Philadelphia..
munerative to manufacturers.
Fancy back overcoatings were
Baltimore
146.089
200
6,490
673,164
230
New Orleans..
distributed in small parcels to a fair amount, and repelants
160,326
128,355
continued to move steadily; but Kentucky "jeans remained
Total for w’k 129,775 2,719,728 2,495,033
3,525 57,956 273,366
Same time’79. 185,131 3,690/T10 1,095,119 23,650 114,330 300,507
quiet. There was a steady demand for light re-assortments of
The visible supply of grain, comprising the stocks in granary flannels and blankets, with most relative activity in indigo bine
at the principal points of accumulation at lake and seaboard suiting flannels, which are sold in advance of production.
For
ports, and in transit by lake, rail and canal, Oct. 23, was as worsted dress goods, shawls and skirts, the demand was almost
follows:
wholly of a hand-to-mouth character, and shirts and drawers
Wheat,
Corn,
Oats,
Barley,
Rye, were in
light request.
In store at—
bush.
bush.
bush.
bush.
bush.
New York
1,508,301 2,513,501
729,859
57,187
15,270
Foreign Dry Goods were quiet with importers, and the job¬
Do. afloat (eet.).
451,000 1.464,000 590,000
160,000
120,000
Albany
51.000
74,000
54,500
Fine black and colored silks, satins
128,000
52,400 bing trade was less active.
Buffalo
460,690 1.028,230
22,297
138,618
5,482 and damasses were
of in moderate lots at fair prices,
disposed
Chicago
2,501,832 6,334,817 1,149.186
139.295 * 283,311
Milwaukee
16,111
420,195
93,418
277,187
29,671 but inferior grades moved slowly and at unremunerative rates.
Duluth
340,000
Toledo
1,384,689
288,853
234.575
9,793 Dress goods were in light request, and woolens, linen and white
Detroit
487,241
6,569
34,134
5,821
goods, laces and embroideries were quiet but fairly steady in
Oswego
40,000
420,000
120.000
22,742
fit Louis
1,327,297
456,922 113,871
32,850
60,120 price.
.
...
wa3 a
r
CHRONICLE
THE
1880.]
October 30,
Receipts of Leading Articles ot
Importations of Dry Goods,
Domestic Produce.
following table, based upon daily reports made to the
importations of dry goods at this port for the week ending
New
York
Produce Exchange, shows the receipts of leading
Oct. 28, 1880, and for the corresponding weeks of 1879 and
articles of domestic produce in New York for the week ending
1878, have been as follows:
with Tuesday last (corresponding with the week for exports),
ENTERED FOR CONSUMPTION TOR THE WEEK ENDING OCT. 23. 1880.
1880.
1879.
also the receipts from January 1, 1880, to that day, and for the
1878.
Picas.
Value.
Value.
Value.
Pkgs.
corresponding period in 1879:
Pkgs.
The
The
435
147,752
398
124,610
448
131,856
894
627
399,272
120,415
790
501
199,580
698
744
204,287
147,758
433,903
166,738
247
113,713
1,321
2,862 1,066,309
3,725
573
600
Miscellaneous
Total
$
$
$
Manufactures of—
Wool
Cotton
Silk
Flax
738
293,957
151,711
139.904
364
121,644
939,lyo
2,791
891,502
WITHDRAWN FROM WAREHOUSE AND THROWN INTO
ING THE SAME PERIOD.
THE MARKET DUR¬
428
224
89,368
19,248
54,170
47,102
41,849
1,084
40,210
Total
Ent’d for consumpt.
1,599
303,299
2,862 1,066,399
1,703
3,725
250,098
939,199
1,068
2,280
2,791
Total
4,461 1,369,698
5,428 1,189,297
:
:
Miscellaneous
on
market...
317
119,331
230
210
67
233
47,093
53,789
78
41,237
772
87
ENTERED FOR WAREHOUSE DURING
248
143
393
162,796
56,004
99,919
79,933
53,081
451,738
891,502
5,071 1,343,240
SAME PERIOD.
213
133
Wool
Cotton
96,273
43,519
41,979
44,333
48
Silk
Flax
226
Total
Ent’d forcousUmpt.
102,368
184
85
745
47,539
65,694
21
25,149
691
251,253
1,978
3,725
2,862 1,066,399
3,503 1,317,652
Total at the port...
273
641
Miscellaneous
51,541
50,237
317,379
939,199
5,703 1,256,578
288
150
141
111,909
45,426
92,590
279
447
81,688
1,305
372,585
891,502
41,072
2,791
4,09611,264.187
Imports of Leading Articles,
following table, compiled from Custom House returns,
shows the foreign imports of leading articles at this port since
January 1, 1880, and for the same period in 1879:
(The quantity is given in packages when not otherwise specified.]
The
Metals, &c—
42,507
12,114
14,456 Lead, pigs.
35,135 8pelter, lbs 5,001,731 1,569,985
70,204
432,389
196,781 Steel
40,683 Tin, boxes. 1,410,479 1,242,640
4,120 Tin slbs.,lbs 23,698,937 13,059,566
268,050
121,325
8,584 Paper Stock.
49,576 Sugar, hhds,
558,249
586,198
27,911 tc8., &bbls.
China, <fcc.—
China
Earthenw
Glass
Glassware.
Glass plate.
Buttons
19,228
48,218
576,790
51,479
5,872
11,081
Coal, tons...
Cocoa, bags.
Coffee, bags.
Cotton,bales
34,508
2,346,450
5,552
1,920,546 Sugar, boxes
10,528 andbags...
30,550
26,233
3,441
86,933
5,532
37,505 Tobacco....
16,052 Waste..'
3,518 Wines, &o.—
37,276 Chainp’gne
baskets..
4,564
6,021
4,882 Wines
2,429 Wool, bales.
66,311
Cochineal..
Gambier
Gum, Arab.
Indigo
.
.
Madder, &e
Oil, Olive..
Opium ....
Soda, bi-cb.
Soda,
1,101
40,464
1,513
Soda, ash..
84,531
Gunny cloth
2,364
10,716
Hair
433
119,897
167,719
93,722
89,331
154,354
49,314
58,539
505,856
1,508,171
1,389,307
751,086
152,893 Nuts
Raisins
1,034,642
1,311 Hides, undr. 19,483,009
1,209,641
1,463,801
599,366
906,542
9,443,821
332,492
262,818
..
.
...
4,590 Rice..
39,944 Spices, &c.—
1,553 Cassia
7,030
57,051
1,949
India rubber
Ivory
|
Ginger....
2,426 Pepper....
611 Saltpetre
Jewelryf&c3,044
Jewelry...
905
Watches
Linseed
Molasses....
.
-
.
894,245
454,850
....
Hides, dr’sd
$
1,064,256
100,436
7,931 Fruits, &c.—
1,488 lemons
4,513 Oranges
2,731
.
.
1,110
$
1,234,315
2,652 Fish
197,031
Hemp, bales
Hides, <fcc.—
804,756
63,777
1,400,361
738,588
42,978
1,270,088
6,670
10)663
value.
884
14,215 Cigars
46,222 Corks
621242 Fancy goods
48,C74
Furs
..
42,167 Reported by
10,152
Flax
Bristles
2.749,585
Tea
Bark, Peru.
Blea. powd.
1879.
1880.
1879.
1880.
Drugs, <fcc—
...
86,669
76,835
6,371
4,154
Hardware...
1,033
534
204,040
101,941
538,241
320,159
228,407
118462
392,955
253,066
Cork
Fustic
Logwood
Mahogany.
..
520,628
75,231
732,536
209,382
390,339
113,495
617,963
184,029
following are the exports of provisions from New York,
Boston, Baltimore, Philadelphia, Montreal, Portland and New
Orleans, for week ending Oct. 23, 1880, and their distribution:
The
Liverpool
....
Glasgow
Bristol
Newcastle
Cardiff
W. Hartlepool
Avcnmouth..
Pork,
Beef,
Lard,
Bacon,
Cheese,
Tallow,
bbls.
bbls.
lbs.
lbs.
lbs.
lbs.
48
897
141
5
150
225
395,924
63,800
233,800
25,000
12,500
85
63,000
Ill
398
...
Havre
Marseilles.
""
288
65
..
105
Hamburg....
Rotterdam...
10
Bremen
30
100
25
55
....
Cent. Amer..
Mexico
So. Am. ports.
Cuba...?
Hayti
W est Indies..
British Col...
Other count’s
Total week
week
41
....
....
190
100
124
965
799
94
131
3,837
..
.
38
6,875
21
404
100
155
2,821
3.391
38,40U
91,600
7,106,100 2,960,020
325,900
20,280
231,030
141,075
30)720
307,800
274)800
67,450
681,253
100,000
939,500
310;975
208,725
1,174,400
36,625
11,925
76,000
13,500
294,450
'362,000
1,038 243
'702,700
A
ntwerp
Denmark
.bush.
315,520
65,765
25,370
66,654
313,000
4,900
26,834
10,000
4,165
6,193,652
6.803.657
3,251
1,923
23,055
32,752
'440
.bush.
Com
Oats
Barley and malt.... .bush.
Peas
.bales.
Cotton
Cotton seed oil
Flax seed
Grass seed
151,800
94,600
63,800
11,000
50,320
378,540
55,000
41,220
52,200
1,612
1,711
1,494
189
3,452
1,600
5,062
3,600
11,457
3.19(5
941,520
9,564,483 3,767,394
8,799.753 3.588.155 1.897.654
3,923,928
4,789
2,074,154
59,972
1,480,952
342,260
167,534
2,822
34,518
135,127
:i?X.
5,106
62,775
4,377,453
129,391
58,466,306
2,759,503
36,190,214
9,258.663
11,431,642
2,379
60,981
3,485
3,897,889
371,112
711,834
34,715
278.002
85,009
124,036
38,663
25,303
3,269,074
152,225
545
90,532
3,509,975
2,571,650
4,980
360
44,182
76,380
315
..bbls.
Molasses
last year.
1,313,870
790
Leather
Lead
Molasses
Same time
53,055,431
303
.bales.
.bales.
1,
47,886,229
2,919
Hides
Hides
3,546,541
325,001
649,768
18,978
299,667
132,862
176,182
99,164
Naval Stores—
Turpentine, crude.. ..bbls.
Turpentine, spirits..
302
2,547
84,795
333,620
17,907
2,137
536,113
8,981
1,457
77,755
77,448
1,630
124,907
186,355
671
23,038
34,727
33,832
1.387,698
23,917
1,148,833
2,113,209
491,089
541,605
1,513,560
1,198,444
2,197,855
390,857
575,310
2,867
8,956
bbls.
.
Rosm
Tar
379
Pitch
Oil cake
..bbls.
Oil, lard
Oil, whale
..bbls.
......
12,993
-pkgs.
Peanuts
Provisions—
Pork
.pkgs.
Beef
Cutmeats
Butter
Cheese
.pkgs.
-pkgs.
.pkgs.
-pkgs.
77,685
8,429
Eggs
15,161
tcs. & bbls.
Lard
Lard
Rice
.pkgs.
i,557
Spelter
.slabs.
2,657
Stearine
-Pkgs.
159
Sugar
Tallow
Tobacco
Tobacco
134
88,105
132,731
90,705
245,406
1,015
2,094
.hhds.
.bbls.
.bales.
3,102
4,105
1,617
•
Wool
1,673
31,478
8,912
Pkgs.
boxes & cases.
Whiskey
56,599
49,869
31,512
65,769
22,462
56,850
16,427
.bbls.
hhds.
.
Sugar
3,213
363,486
12,203
133,456
40,883
55,730
6,916
...tfo.
Hogs, dressed
1.871
64,760
279,964
22,263
181
.galls.
69,558
85,037
'
149,490
81,922
219,278
108,375
A
Exports ot Leadiug Articles of Domestic Produce.
following table, based upon Custom House returns, shows
exports from New York of all leading articles of domestic
produce for the week ending with Tuesday last; also the exports
from the 1st of January, 1880, to the same day, and for the cor¬
responding period in 1879:
The
the
Week enditig
Since
Jan.
1880.
Oct. 26.
Ashes, pots
Aslies) pearls
Same lime
last year.
1,140
75,635
61,765
3,457,223
3,403
2,826,421
5,347
127,327
54,162,730
3,619,487
483,855
'
t.lbs.
1,
732
196
....bbls.
bbls.
144
Breadstuff's—
91,739
bbls.
Flour, wheat
5
Flour, rye
Corn meal
Wheat
Rye
3,060
1,303,023
...bush.
32,496
51,096,296
1,600,670
3,259
368,808
Oats
Barley
Peas
Coal
Cotton
Domestics
Hay
Hops
Naval Stores—
Crude turpentine.
Spirits turpentine.
Rosin
Tar
Pitch
Oil cake
Oils—
Whale
Lard
Linseed
Petroleum
Provisions—
Pork
Beef
Beef
Cutmeats
151,601
bbls.
.bush.
..
„
bush.
...bush.
262,906
130,367
2,923
258,752
...bush.
1,510,108
...pkgs.
196
42,787,508
46,565
tons.
1,320
13,803
1,972
539,301
97,616
1,550
99,048
1,777
8,734
279,130
29,501,072
50,667
59,907
340,656
104,184
57,677
50,381
133
24,969
2,087
174,166
6,004
4,685
...
...bales.
...pkgs.
...bales.
...
46,451
bbls.
bbls.
....bbls.
bbls.
....bbls.
...
156
125
44,099
-
—gals.
—gals.
....gals.
....gals.
....gals.
....bbls.
....bbls.
.tierces.
T
300
725
,206
5,854
4.235
3,929,121
1,299,813
69,907
258,594
201,725
115,295
634,788
1,072,471
10,765
5,818,192
216,733,296
3,382
190,868
203,efl
77’4
51,618
46,400
676
2,62 i.997
6,001,143
435,863,517
25.282,493
106,039,751
232,754.527
39 *,99 L
Cheese
Lard...'.
*
150
8,335
140,964
109,995
208,328,±76
5,881.054
Butter
5,920
103,897
30,017
Sperm
140,800
m
2,814
40,420
..bbls.
Com
Candles
Exports of Provisions,
London
63
..bbls.
Beeswax
316.344 Woods—
409,580
Metals, <tc—
Cutlery
To—
Breadstuff’s—
Flour, wheat
Com meal
Wheat.
Since Jan.
1880.
2,591
..bbls.
Ashes
Beans
Hops
£
Manufactures of—
.
Oct. 26.
Rye
Manufactures of—
Wool
Cotton...
Silk
Flax
Week ending
43,469
45,228
455,313,586
31,609,112
115,920,091
195,662,327
....bbls.
lbs.
153
18,967
12,416
573,409
69,266,107
...hhds.
2.599
76.156
54,481,113
55,400
and cases.
Tobacco.manufactured. lbs.
735
42 394
31,464
30),690
1,102
5,465,263
5,405.709
Rice
Tallow
Tobacco, leaf
Tobacco
bales
Whalebone
lbs.
*
69,693
56.921
THE CHRONICLE
464
FRED. A. BROWN.
WALSTON H. BROWN.
Brooklyn Trust Co.
Cor.of Montague & Clinton sts., Brooklyn,
N. Y.
This Company is authorized by special charter to
act as receiver, trustee, guardian, executor, or ad¬
ministrator.
It can act as agent in the sale or management of
real estate, collect interest or dividends, receive
registry and transfer books, or make purchase
sale of Government and other securities.
Walston H.Brown & Bro.
and
Religious and charitable institutions, and persons
21
Special attention to business of country
Premiums
banks.
Trask & Francis,
BONDS,
EDWARD POMEROY, W. H. COX, JR.,
York.
James St., ALBANY, N. Y.
Business.
STOCKS and BONDS Bought and Sold on ComMargins.
mission, and carried on
No.
OSCAR B. SMITH
Risks.
January, 1879, to 31st Decem¬
ber, 1879
Losses paid during the same
period
Bailey,
PINE
7
Co.,
York
Stocks
Gas
Noi
NEW
WALCOTT
&
Jr.,
No.
commission all securities dealt in at the New
York, Philadelphia and Boston Stock Exchanges,
either for cash or on margin.
Special attention
on
given to Mining Stocks.
Jos. C. Walcott,
Frank F. Dickinson,
Members N- Y. Stock and Mining Exchanges.
1,5.22,826 35
ceivable
231,455 16
$12,437,739 51
Total Amount of Assets
cent Interest on the outstand¬
ing certifloatos of profits will ho paid to the
holders thereof, or their legal representatives,
on and after Tuesday, tho 3d of February next.
Six per
STREET,
YORK.
Fifty per cent of tlie Outstanding;
Certificates of tho issue of 1876, will bo
redeemed and paid to tho holders thereof, or
their legal representatives, on and after Tues¬
Ms Jbeftau
&
sell
Transact a General Banking Business, buy and
500,000 00
and Bills Re¬
Cash in Bank...
l3oodijt
CO.,
BANKERS,
42 Broad Street,
1,307,900 00
Company, estimated at
Premium Notes
Member N. Y. Stock Exch
C.
and
Real Estate and claims due the
Stocks, &c.,
NEW
1
$8,875,558 00
secured by Stocks,
otherwise
SECURITIES, CITY BONDS,
BROOKLYN
Buy and sell on commission, for investment or o(n
margin, all securities dealt in at the New Yolk
Stock Exchange.
T. H Curtis.
R. R. Lear.
C. I. Hudson,
Beers,
viz.:
Stock, City, Bank, and
Loans
SPECIALTY.
N. T.
840,736 77
other Stocks
Cash paid at once for the above Securities; or
they will be sold on commission, at seller’s option.
3 EXCHANGE COURT, NEW YORK,
J.
1,524,331 04
penses
STREET.
Insurance
A
FOREIGN EXCHANGE.
52 WILLIAM STREET.
F. W. Perry.
J. H. Latham.
3,875,101 26
The Company has tho following Assets,
United States and State of New
Dealings in
St.
York City, Chicago, Cincinnati,
Louis, District of Columbia, and
Government Securities.
C. I. Hudson &
S.
E.
J. H. Latham &.Co.,
Now
'
Returns of Premiums and Ex¬
Deposits received and Interest Allowed.
SECURITIES,
-
Premiums marked off from 1st
Transact a General Banking
INVESTMENT
$5,371,048 49
issued
been
upon Life Risks; nor upon
Fire disconnected with Marine
STREET.
BROAD
37
1,671,981 91
miums
BANKERS AND BROKERS,
Maiden’lane &
Policies not mark¬
January, 1879
No Policies have
ALSO,
Cor.
tho 31st December, 1879:
on Marino
Total amount of Marine Pre¬
Pomeroy, Cox & Smith,
BANKERS AND BROKERS,
TO Broadway & 15 New St., New
on
on
ed off 1st
MISCELLANEOUS SECURITIES.
SECURITIES.
January 24,18S0.
Risks, from 1st January, 1878,
to 31st December, 1879
$3,699,066 58
AND
St., Cor. New, New York.
INVESTMENT
AND
STOCKS
RAILROAD
Co.
Premiums received
STOCKS,
COIHPANYS*
TRUST
GOADS,
STOCKS,
TELEGRAPH
A. H. Brown & Co.,
of its affairs
AAD
STOCKS
New York,
•
DEALER IN
GAS
Insurance
The Trustees, in conformity to tlio Charter of
the Company, submit tho following Statement
STREET, NEW YORK,
NASSAU
WM. R. BUNKER, Secretary.
7 Wall
Mutual
SECURITIES.
C. NOYES,
WM.
TRUSTEES:
BROKERS,
THE NEGO-
TIATION OF
RAILROAD
find this Company a safe and convenient depository
for money.
RIPLEY ROPES, President.
CHAS. R. MARVIN, Vice-Pres’t.
Edgar M. Cullen.Counsel.
H\IC. Piftrrcpont. Dan’l Chauncey, John T. Martin,
Alex. M. White, Josiah O. Low, Ripley Ropes,
Austin Corbin. Edmund W. Corlies.
THE
ATLANTIC.
New York.
SPECIAL ATTENTION GIVEN TO
»
Wm. B. Kendall, Henry Sanger, Alex. McCue,
John P. Rolfe,
Chas.B. Marvin. A A. Low,
Thomas Sullivan, Abm. B.Baylis, Henry K. Sheldon
OF
BANKERS,
Flue Street,
11
unaccustomed to the transaction of business, will
AND
OFFICE
^
,
BANKERS
Insurance.
Financial.
Financial
The
fVOL. XXXI
day, the 3d of February next, from which date
interest on the amount so redeemable will
ceaso.
The certificates to bo produced at the
time of
payment, and canceled to the extent
paid.
BANKERS,
of Forty per cent is de¬
the net earned premiums of the Com¬
A Dividend
Buttrick & Elliman,
AND
BANKERS
BROKERS,
Wall St, New York.
Nos. 37 Sc 39
TRANSACT A GENERAL BANKING
Exch’ge
Memoerof the N.Y. Mining Exch’ge
Wm. Elliman,
clared
on
pany, for the year ending 31st December, 1879,
for which certificates will be issued on and after
BUSINESS,
PURCHASE AND SALE OF
STOCKS AND BONDS FOR CASH OR ON MAR¬
GIN. BUY AND SELL COMMERCIAL PAPER.
INCLUDING THE
BONDS, STOCKS and INVESTMENT SECURITIES
BOUGHT AND SOLD >/N COMMISSION.
C. A. Buttrick, Member of the N.Y. Stock
Exchange Place,
58 Broadway, cor.
Tuesday, tho 4th of May next.
By order of the Board,
P. O. BOX 447.
J, H.
Reuben Leland.
Sheldon & Wadsworth,
10
WALL
BANKERS
BONDS
DEALERS
Albert H. Vernam,
Edward
Member N. Y. Stock Exchange.
Company,
AND
No. 34 New
BROKERS,
N o
.
New
York.
Transact a General Banking
le
Charles H. Russell,
BANKERS,
18
WALL STREET,
purchase and sale of
fish or on margin.
Buy and Sell
Business, including
STOCKS and BONDS for
Investment Securities,
P. O. BOX 2,647.
Street, New York.
Stocks, Bonds and Governments Bought and Sold,
Lewis Curtis,
<^6 Co.
and
Ad.
N. Bond.
l.M. Kidder.
Wayland Trask.
H. J. Morse
strictly on Commission, either for investment or
carried
on.
margin.
Fred H.
Coleman Benedict & Co.
STOCK
24
AND
BROAD
BOND
No. 13 BROAD
Stocks, Railroad Bonds, Governments, and all Se¬
gin, strictly on commission.
jis.KMcoov!S”jcBT;!Membera N-stock **<*•
AND
Smith, *
BROKER,
STREET, NEW YORK.
StCUKITlES
intimate knowledge of all for the past 10 Year
RAILROAD
YORK.
curities dealt in at the New York Stock Exchange
bought and sold for investment or carried on mar¬
BANKER
BROKERS,
ST., NEW
.
Dennis,
W. H. H. Moore,
Wm. B. Wadsworth.
Vernam &
Charles
IN
All classes of negotiable securities bought
old at the Stock Exchange on Commission.
ances made on same.
Wm. C. Sheldon.
J. D. Jones,
WL.
STOCKS.
AND
BANKERS
TRUSTEES:
STREET,
AND
CHAPMAN, Secretary.
C. W McLellan, Jr.
D. A. Boody.
m
A
SPECI ALT Y.
wishing to buy or sell are
vited to communicate.
State, Municipal an
nilway Bonds and Coupons bought and sold at bes
Investors or Dealers
arket Rates.
.
j
Horace
Gray,
Edmund W. Corlies,
John Elliott,
Alexander Y. Blake,
Robert B. Mintum,
James Low,
David Lane,
Charles H. Marshall,
Gordon W. Burnham,
A. A. Raven,
Edwin D. Morgan,
Robert L. Stuart,
Wm. Sturgis,
James G. De Forest,
Frederick Chauncey,
Adolph Lemoyne,
Benjamin H. Field,
Josiah O. Low,
William E. Dodge,
George W. Lane,
Charles D. Levericli,
William Bryce,
William H.
Fogg,
King,
Thomas B. Coddington,
Royal Phelps,
Thomas F. Youngs,
Peter Y.
C. A. Hand,
Horace K. Thurber,
John D. Hewlett,
William H. Webb,
William Degroot,
Henry Collins,
Charles P. Burdett,
John L. Riker.
j. D. JONES. President.
CHARLES DENNIS. Yice-President.
W. H. H. MOORE, 2d
A. A. RAVEN,
Vice-President.
3d Vice-President
@FedFRASER