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,,,o)iiflitrfi*
HUNT'S MERCHANTS' MAGAZINE,
AND INDUSTRIAL INTERESTS OF THE UNITED STATES
RKI'RBSENTING THE COMMERCIAL
VOL.
NEW
27.
YORK, OCTOBER
Financial.
J.
18i9
41 CEDAR, COR. WILLIAM
Hew
Buy and
Plate Engrraving and Printing
BAUK
ifOTES,
Style of
Mfepiarils
prevent
t)
the Art,
with
special
MACDONOtlGH,
A. D.
TINTS.
SIIEPARD, Treasurer.
CARRIER,
JNO. E.
•
Issne Commercial and Travelers' Credit! available
any part of the world. Draws Exchajse, Foreign
and Inlanl, anl makes Trans en of .Money by Tc'.ein
PITISBUROH, PESN.
graph and Cable.
Gives specl il attenil>u to Gold and
Silver Bullion and Specie, anl to California Collee
tions and Securities ; and arranges to pay Dirldendi
All business relating to the Construction and Equipment of Railroads nndertaken.
on such securities at due dates.
&
Paton
Co.,
do
Secretary.
Maverick National Bank,
BOSTON
Capital,
'Sarplns,
$400,000
300,000
Special attention
glTen to
COLLECTIONS, and
rompt remittances made on day of payment.
Boston buiilnew paper discounted. Correspondence
1
tTlfrtd.
R. A. Lancaster
&
Co.,
R.T.Wilson
ORO.IDWAV,
NEW YORK,
Gwynne
&
No. 16
184 Pearl
.
Charles G. Johnsen,
world
;
also.
parts of the
Time and Sight BiUs on the
BANK OF LONDON.
International Bank nf Hamborc and
I.ondon, iLUnlted.)
HOUSE IN EUROPE,
JOHN BERENBERG, GOSSLER dc CO
HAMBUBQ.
No. 10 Broad
70 Broadway
Equtil
St.
&
New
St.,
New York
tW
B.
num.
BSOWK.
A.
BBomr.
Walston H. Brown & Bro.
BANKERS,
New
RAIbROAD
J.
York.
9ECITRITIES.
UKNUSTLIR.
c. T.
suciuuumrDT
Haar & Co.,
BANKERS AND BROKERS,
46 WALL
DEALERS IN
BKCUUITIKS. Buy and
AND UNITED STATES
Mucks,
sell
for cash or on margin.
orders fur Investmenu
REST.
81
SI'K( IK
llonds.
and Cold
S,» claJ attention paid to
Hilmers,McGowan & Co
Co.,^
(near Wall),
bought and sold on the NEW YORK STOCK
oa a margin of 3 percent. If desired.
attention given to small and lame Invest Tients.
Any Information glTCU personal]}' or
ol(u reteronces.
15
STOCKS, BONDS and GOLD Bought and Sold OS
Commission, and carried on Margins.
Deposits Received and Into est Allowed.
Accounts of Codntry Banks and Bankerc r«
celved on favorable terms.
BROEKBS
bjr
mall
SFlm-
in
JPORBION KXCHANGB. AND GOLD,
63 Wall
Stocv-p
•
&
Transact a General Banlcing Business.
Street, Newr
(P. o.
KXcU^NUh
IiAj
Francis,
BANKERS AND BROKERS,
AT THE PIIlLADELrBLA
UNION ORDERS KXfCUTKDSTOCK
EXCHANUKS
AND BOSTON
BANKERS AND STOCK BROKERS.
,1«6 QBAVIEB STREET,
&
Trask
Cable Transfer* made.
Peck, Gilbert
AND BAKK£B,
all
Co.,
C01!B«SP0ND«KT^ Or
SPECIAL ATTENTION GIVEN TO THE NEGOTIA
TION OF
Brothers,
BANKERS,
STREET, NETT YORK,
Issue Letters of Credit, available in
&
GOSSLER
34 Pine Street,
K-ountze
13 TTALIi
~
BOSTON.
70 Stale Street
Co.,
Government Bonds and Investment Securities.
WaU Street.
BANKefNEVfTORK.N.B.A.
Street.
J. n. IU;Ut.
Day,
NBW ORIiEANS,
&
York, The
York]
WAISTON
BANKERS,
CEDAR STREET,
02
sell
Transact a iceneral banking and brokerage bnslse
In Railway shares and bonds, Goyernmcnt SecnritleB
and Gold.
Interest allowed on deposits.
Inveatmenu carefully attended to.
ttGKcitAJVT
Co.,
In addition lo a General Banking Business, boy and
SOUIJIEBK SECURITIES A SPECIALTY.
LOANS NKGOTIATED.
tKstaWI.hed IS-M.]
&
INVESTMENT SECURITIES.
Flr»t-Clas» Inveiitnient Securities.
•GOVF.UN.MENT BONDS, STATE. CITY, COUNTr,
RAILROAD* MISCELLANEOUS SECURITIES
Bonglitand Sold on Commission.
Hryinio Tax-ReceivabU Coupont Sought.
Co.,
Special attenUon to business of country banks.
Gilman, Son
DBALEK8 IX
&
Bankers and brokers,
T ITall St., Cor. New, New York.
BANKKRS AND BROKERS,
G6
New
d»
BANKERS AND COMMISSION MERCHANTS,
3 Exchange Court, Nenr York.
A. H. Brown
do
NEW
Accounts and Agency of Banks, Corporations,
firms and individuals received upon favorable terms.
Dividends and interest collect'^d and remitted.
Act as agents for corporations in paying coupons
and dividends, also as transfer agents.
SajcI. Phillips, Cashier.
Pre»t.
SMITH, PAYNE A SMITHS,
UNION BANK OF LONDON.
Bankers, London,
\
A»A p. PoTTiB,
\
I
AND THK
Bonds, stocks and aecurltlei bought and iold on
commission.
Sound railroad and municipal bonds negotiated.
Funds carefully invested in Western farm mortgages, and the interest collected.
Pres't.
Vice-Pres't.
"
CHKISTKNSBN,
f...^.
GEORGE L. BKANDER, *
£2 VFlllIani Street, Nevr Tork.
VAN ANTWERP,
3,000,000
C. T.
BANKERS,
or Device,
WITH STEEL PLATE
H.
(Invested in
U. 8. Bunds)
Edgar Tliompson Steel Co. (Limited),
Jesup,
RAILWAY TICKETS in OJfE, ] WO, THREE or
MORE COLORS aiut numbered Consecutively.
XCXBBRED LOCAL AlfD COUPON TICKETS
J.
J.
Surplus,
Cambria Iron Companj',
RAILTTAV, COminERCIAI. AND
GENERAL PRINTING.
Style
Wall Street
Capital, paid ap... $10,000,0(jO Gold.
Coanterfeltlug and
P utem.
¥orli Agency, 02
JOHNSTOWN, PEAN.,
SECURITY PLATE PRINTINO.
SAFETY TINTS.
SAFETY PAPEBS.
Size,
New
York.
Alteration*.
Any
OF SAN FRANC;iSCO.
ST.,
sell
OOVEBNMENT AND
CORPORATION BONDS,
UTIFIOATKS OF STOCK. BILLS Of EXCHANGE
POSTAGE AND REVENUE STAMPS,
PROPRIETAIiV AND TRADEMARK STAMPS
In the Ilifthcst
The Nevada Bank
Railroad Investment Secorttles. Col.
lect Coupons and Dividends. Negotiate Loans and
draw Bills of Exchange on London.
Agents for the sale of STEEL RAILS made by the
NEW YORK.
Steel
693.
)
IVALL STREET,
1
NO.
Financial.
S. Kennedy & Co.,
BANKERS AND IVERGHANTS,
National Bank-Note Co.,
OFFICE, No.
1878.
Financial.
THE
(INCOHPOKATED
5.
BOX
Special attention paid to
merclal kllU,
York.
j,»n.)
tl>«
naceUsUos ef 0«a
.
THE CHRONICLE
H
Drexel,
&
Morgan
WALI. STREET,
COHNEK OF BROAD, NEW
Srexel
&
Co.,
Canadian Banks.
Bank of Montreal.
Imperial Bank of Canada
Capital,
YORK.
&
Drexel, Harjes
Co.,
M South Thibd St.,
Co
Boulevard Haassmann
SI
CAPITAI.,
-
sintpiivs,
-
Deposits received subject to Draft. Securities. Gold,
AC, DOUEht and sold on ComrnisEion. Interest allowed
on Deposits. Foreign KxchaUBe. Commercial Credits.
Circular Letters for TraTelers,
Cable Transfers.
available in all parts of the world.
Attobneys and Agbnts oy
CO.,
jnessrs. J. S.
MORGAN &
OLD BROAD
Brown
ST.,
LONDON.
&
Brothers
No. 69 TTAIil. ST., N.
Co.,
of the world.
THET ALSO ISSUE COMMERCIAL CREDITS
HAKE CABLE TRANSFEKS OF MONET BETWEEN THIS COUNTRY AND ENGLAND, AND
DRAW BILLS OF EXCHANGE ON GREAT
BRITAIN AND IRELAND.
S.
&
G.
G. C. Ward,
AeBNTS FOB
BARING RROTHERS & COIUPANT,
6* WALL STREET, NEW YORK.
28 STATE STREET, BOSTON.
J.
&
33
Stuart
&
EXCHANGE ON
SniTH, PAlfNE & SMITH'S,
BANKERS, LONDON
IdANCHESTER & COITNTY BANK,
j
Nos. 59
OFFICE,
61 ITAIil^ STREET.
&
C. F. Smithbbs,
WaLTBB
Buy and
WATSOIf,
\
Agents.
$
Excliange, Francs and Cable
sell Sterling
Transfers; grant Commercial and Travelers' Credits, available in any part of the world ; issue drafts
on and make collections in Chicago and throughout
the Dominion of Canada.
Office,
No. 9 Blrcbln Iiane.
THE
AGEBICK OF
Bank of British
North America,
Commercial Credits Issued for use In Europe, China,
Japan, the East and West Indies, and South America.
Demand and Time Bills of Exchange, payable in
London and elsewhere, bought nd sold at current
rates; also Cable Transfers.
Demand Drafts on Scotland and Ireland, alse en
Canada, British Columbia and San Francisco. Bills
Collected and other Banking Business transacted.
D. A. MAOTAVISH.J ._.„,.
-ies""WM. LaWSON,
Bank
Commerce,
of
STREET.
$6,000,000 Gold.
$1,900,000 Gold.
Capital,
Surplus,
Buys and
Sells Sterling
J.
.1.
President,
r«yable in any part of Europe, Asia, Afrle*, AnatraUa
America.
Bd
Draw Bills of Bxckange and make telegraphic transfan of money on Europe and California.
HEAD
-
Co.,
IV
A D A.
BANKERS.
Clydesdale Banking
NEW YORK—The Bank of New Yoru.N. B.Co.
A,
change, Cable Transfers and Gold, Issues Credits
available in all parts of the world, makes collections
in Canada snd elsewhere, and Issues Drafts payable
at any of the offices of the bank in Canada
Demand
oraf ts Issued payable In Scotland and Ireland, and
every description of foreign banking buslaess under-
New ITork Agency, No.
inessrs.
52 Trilllam Sty
JESUP, PATON & CO.
Exchange Bank
HEAD
Gnoci,AB NOTSB ua> 0b>sit» rox Tbatklibb.
Up
OFFICE, MONTREAI..
Pres't.
C. B.
MURRAY, Cashier.
BRAXCaSB:
Atuub, Oxt.; Pabx Hill, Ost.;
BsDroBir, P. Q.
Kxel»aiice Plaee,
NEW YORK.
Cr«dlt
BFECIAL PARTNS8,
BBVTSCHB BANK, BwUn.
Dttnoan CotTLSON, Cashier Hugh Lbach, Asst. Cash
Branches at Montreal, Peterboro, Cobourg, Port Hope
Barrle,&t. Catharines, ColUngwood.
;
BANKERS:
LoxDON, England.— The City Bank.
National Bank of Commerce,
N»ro
NSW vnoir
1 OKK. i
j c J. smltliers and W. Watson.
Collectlonsmade on the best terms.
Foreign Bankers.
Banque
Centrale
Halifax.
rOSSI9If AQMlfTS:
LONDON.—The AlUsnce Bank (LImftedX
NEW YORK.—The National Bask of Commence.
Messrs. HUmers, McGowan * Co.
<»I0AOO.—Union National Bank.
BXnTALO.-Bank ot Buffalo.
Sterling and American Exobaage boaght and sold.
Interest allowed on Deposits.
Collections made prompUy and rtmlttcd tor st low-
^tratMl
Anversoise,
Antwerp.
Paid-up Capital,
-
9,000,000 Francs.
BOARD OF DIRECTORS:
FsLix Gkisab, President.
ALrsED Macjuinay (Graft * Maqulnay), Tlce-Prei.
J. B. VoNTER BxcKE (B. Von der Bectc).
Otto Gunthkr (Corneille-Davld).
Ehilx de Gottal.
AD. Fkank (Frank, Model & Cle.)
AtJG. Nottkboum (Nottebohm Freres).
Fb. Dhanib (Mlchlels-Loos).
JoH. Dan. Fuheuanh, Jr. (Joh. Dan. Fuhrmami}.
Lotris Webeb (Ed. Weber & Cle.)
JuLEB RAtJTENSTEAUCH (C. Schmld A Cle.)
TRANSACTS
A
GENERAI. RANKING RVSINE88.
Adolph Boissevain & Co,
RANKERS
coramissioN itierchants,
AMSTERDAM, HOLLAND.
N. Y. Correspondents.—Messrs.
Henry
BLAKE
King
S.
BROS. * CO
&
Co.,
RANKERS,
45 Pall mall, LoBden, EDgland.
GIRCULAB NOTES
Issue
frte of
aarge, araUatM
COMMERCIAL CREDITS
for nao agaiiut
in all parts of the world.
Grant
Consignments of Merchandue.
Execute Orders en the London Stock Excbanse.
Make
Collections on
all
KING, RAILIilE
Points.
Receive Deposl'
A.
CO., Liverpool.
NEW YORK CORRESPONDENTS,
niesar*. WARD, OAMPBELI. dc
CO.
Boston Bankers.
Parker
BANKERS,
AOSNXS:
BANKERS,
$1,000,000.
OFFICE, TORONTO.
General London and Foreign Banking Bualhess.
$1,000,000.
QT7EBEC (CITY).—Owen Murphy.
NOVA SCOTIA.—llerchanU' Bank of
Lichtenstein,
Reserve,
$1,000,000.
HEAD
and Current Accounts on favorable terms, and do a
OF CANADA.
fliJOUKis, Out.;
Mlprlsetsial cities of Europe.
Capital,
taken.
M. H. OATJLT,
Make Tela(Mpl»e Money Transfers.
Draw BUls of Exchange and Issue Letters of
The Bank of Toronto,
CANADA.
Bank of the Republic.
The New YorK Agency buys and sells Sterling Ex-
wltb
Agents In New York:
Baxk of Montkeal.
59 Wall street.
street.
Promptest attention paid to collections payable in
any part of Canada.
Approved Canadian business paper, payable In gold
or currency, dlsi.ounted on reasonable terms, and
proceeds remitted to any part of the United States bl
gold or currency draft on New York.
National
nUNROE & CO., PARIS.
8TKBLINQ CHEQUES AND BILLS AT SIXTY
DAYS' SIGHT ON
AIiBXANDEHS dc CO., IiONDON.
Knoblauch
WILKIE, CaaUei
•
GEORGE HAGUE, General Manager.
WM. J. INGKAM, ASBt. General Manager.
Capital Paid
St., cor.
Lombard
OFFICE, MONTREAI..
No. 8 Wall Street, New Tork,
No. 4 Post Office Square, Boston.
CHEQUES AND CABLE TRANSFERS ON
M ^truUiUB
93
i
$5,461,790, Paid Up.
the Hon. JOHN HAMILTON.
Vice President, JOHN MoLENNAN, Esq.
-
LONDON, ENG.—The
Issue Letters of Credit for Tmrelers,
&
Agents in London
BosANQUKT, Salt & Co.,
HARPER, -^^Benta.
.-.-,.
GOADBY. J
OP
Capital,
BANEBKS,
G.
H.
Merchants' Bank
ALSO,
£9 EXCHANGE PLAOB,
CORNER BROAD STREET, NEW TORS.
D. K.
PORT COLBORNE,
THOMAS, INGER80LL, WELLAND.
issues Commercial Credits available everywhere.
KATIONAL BANK OF SCOTI^AND.
& W. Seligman & Co.,
Exchange, and makes Cable
Transfers of Money,
CA
CABLE TRANSFERS AND LETTERS OF CREDIT
;
OFFICE, TORONTO.
Dealers in American Currency and Sterling Exchange-
STREET.
No. 52 TrAI.l4
BELFAST, IRELAND
AKD ON THE
&
General Manager
NEW YORK
LIMITEB"
STUART & CO., Banlcer*,
MANCHESTER, PAYABLE IN LONDON
VIiSTER BANKING COMPANY,
jrOHN
John Munroe
ANGUS,
No. 50 TI^ALI.
BELLS OF
J.
HEAD
The Canadian
Co.,
$1,000,000.
ROWLAND, President
ST.
J
J.
NASSAU STREET.
"
S.
President.
K. B.
Isoae, against cash deposIU'd. or satisfactory guarantee of repayment. Circular Credits for Travelers, In
dollars for nse In the United States and adjacent
conntrles, and In pounds sterlivff for use in any part
H.
BEAIfOHIS :—ST. CATHERINES,
Iiondon
IT.,
$1S,000,000, Gold.
5,500,900, Gold.
QEORGB STEPHEN,
Paris.
Pblladelpbla.
DOMESTIC AND FOREIGN BANKERS.
No. 82
[Vol. XXVII.
Canadian Banks.
Foreign Exchange.
No.
.
;
Bar and
78
&
Stackpole,
DEVONSHIRE STBXXT
BOSTON,
Sail
Weatera City aa<
Ooantr BOBda.
Chas. A. Sweet
&
Co.,
BANKEEIS
40 STATE STREET, BOSTON.
DKALEB8 IN GOVERNMENT BECD-^TIES, OOW,
Mate, City, County and Railroad Bonds.
OCTOBBR
THE CHRONICLE.
5, 1878.J
Southern B ankert.
CITY BANK OF HOIJSTON,
Boston Baiikon.
Massachusetts
Loan & Trust Company,
No.
POST OFFICE 8QUAKK,
!8
THE
rhartered in 1870.
$500,000.
STEPHEN M. CHOSHV.
OKU WOOOS lUCK.
Comaierelal Cwrda.
We Eire special attention to eollectlona on all aocaa.
.
n UKMb.
Moor Kons, Cantan, Amoy, Foorliew
Shanaiial and Hankow, China.
Cashier.
*
CAPITAL,
ni-ox timk on Buple Merchandise,
upun ulUi of Lading or Warehouse Hecolpts.
Szimtxni of Collateral, or prepsymenUIn pnrtor
Louf m»le
either
for entire loans allowed.
ALLOW iNTinisT on
California Banks.
Treasurer.
I'ri'sMent.
paymonta mado before
all
maturllr of Umns.
C0UUK3P0NDENCE SOLICITED.
The Bank of
Oeo.Wm.Ballou&Co
New
DEVONSHniE
Vork,
aoBXT.
ST.,
Boston,
ikcillties; also all other California Securities.
Issue mils of Exchange. Letters of Credit and lelegraphic Transfers on London, Yokohama, Shanghai,
Hong Kong, Honolulu, Virginia City and San Fran-
Exchange Place,
BANKERS.
Boston, Mass.
Oesleri In Stocka, Bonda,
Sold and
Commercial
Onlers executed on Commission at Brokera
BBPBBSBNTBD BT
OLYPHANT
FKED'K
InTMtmest Securities constantlron
F.
LOW,
han"!.
&
SODA.
New
No. 11 Old Slip,
The Jobbing Trade
And all klnda of
Co.,
'
•AWNING
niTBSTMBNT and VIRGINIA 8EGURITIX8
.
and
Information for-
CoaxxsroNDSirrs— McKlm Brothers
*
fo.
COR. OP
New
ST.).
PHILADELPHIA.
Orden
In
B ». WlLLIiHS. JSO. W. XlLLSI,
CBAS. B. aiLLZB.
&
Co.,
BANKERS,
fork
;
— German
»f Liverpool, Liverpool.
B. B.
BH«BD8^
First
Pres't.
•J-
?
PaxilL,
President.
day of
New
New Orleans Bank
;
(
all
Hatch
&
No. 12
)
IKiS. J
BrT AKD 8BLL
bonds, gold;< stocks
McKim
Brothers
BANKERS,
47 Trail Street, New
&
Co.,
'
York.
LITTLE ROGK, ARK.
niIl.trARD>S HELIX NEEDLES.
40'O BROADWAY, NEW YORK.
E.R.Mudge,Sawyer&Co
AGENTS FOR
Washlnctou mils. Ctaleopee !HlkC«.t
BiirlliiKion woolen Co.,
Ullertoti
Promt)t attention given to all business In Oar line.
N. Y. CoiKaspoxDXNTs. Donnell. Lawion A Co. and
'-'- '-^'u
UiC Metropolitan NaUonal Bank.'
°
XT4
V
J
.r.
.Hcj a<v
New
.Mills,
Atlantic t^oiton mils,
Saratoga Victory RI(k Co.t
AND
J.
From Variotts MUls.
eOBTOW.
NEW YOKE.
UCBASaOBTM.
«S WbITB BTBBBT.
PHILAOKLPBIA,
a W. DATTON. MO CssaTKUT STBaaTk
IQANCHESTBR
EwyORK,
Ubi.J.S.WINSTON.PRESIDENT
$75,000.
95,000.
StniPLDs
Bro.,
Hosierv, Shirts and Drawer*
WuMMM
,
&
an
miscellaneous securities.
C. T.
Osabler.
German Bank,
CAPITAL (PAm-ur)
is stock.
Street.
Foote,
ITALL STREET,
N. C.
STATE BANK,
Dnane
Sale.
parti of the United States
{Incorporated
Widths and colors alwsja
George A. Clark
A. K. WAiiBB, Caahlet.
WILmiNUTON,
all
No. 109
National Bank,
CoUecUoDt nude on
snpplj
W. TbaSX.
W.MoLXLLAK, jB.
C.
BANKERS,
prompt
American Bank,
LonlsUna National Bank,
Investment Securities For
p. O. BOX 2,M7.
Government
nOBILE, ALABAHIA.
SDeelal attention paid to collections, with
remltlances at current ratea of exctaauKe on
HTDieat.
Correjpondenta.
York.
Transact a General Banking Business, Incladlng tbe
purchase and sale of STOCKS, BONDS and GOLD
A. M. KiDDBB.
Southern Bankers.
Thos. P. Miller
roll
for caah or on a margin.
stocks and Bonds promptly executed at
New irork Boards.
the PbUadelDhia and
THOa. r. MILLIK,
United States Bantinx CooapaBr.
A
WALL STREET AND BROADWAY
Austin,
Bell
J.
STOCK BROKER,
•08 WALNUT PLACE (316 WALNUT
BTRlrlCS.'
Also, Axenta
C^ Co.
BANKERS,
*
Ipeelalty.
loUclted
Co.,
MuittfactDrerB uid Dealera la
baltiulore.
N. 1
Turner
Brinckerhoff,
&
York.
SoppUed.
COTTON CANVAS. FELTING DUCK. CAB OOVB8
ING, BAGGING. RAVENS DUCK, SAa TWUn
*C. " ONTARIO SEAMLESS BAGS,
bankers and br0kbb8,
Uorrespondence
Ished.
ONLY
COTTONSAILDUCK
Baltimore Bankers.
Wilson, Colston
or
Cashier.
Financial.
Phila. &,
SIIPE R-CARBOi\ ATE
m.„..«...
(
Co.,
MANUPACTURERS OP
IG.NATZ STEl NUART, J "•"•«*"•
LILIENTHAL.
New York.
St.,
D wight &
John
Transact a general Banking business. Isaac Com
merclal Credits and Bills of Exchange, available in all
parts of the world, collections and orders for Bonds.
Stacks, etc.. executed upon the moat favorable term'.
p. N.
CO., of China,
ac
104 irall
LONDO\, Head Office, 3 Asgel Court.
SAN FRANCISCO Office. 423 Caliromia St.
Board
Ancuona, and Prtrate Sale.
Co.,
Kontt KoUK, fthanchal, Foocboir am
Canton, China.
Nt: \V YORK Agents, J. & W. Selunnan A Co.
Anthorlzed Capital, • - $6,000,000.
Paid-up and Reserve, - 1,55 0,000.
CONGRESS STREET,
Mo. SB
&
COMMISSION MERCHANTS,
Anglo-Californian Bank
Co.,
.
BOaT«R.
Olyphant
(LIMITED).
&
V.
Post Offlee Box 2.M.
THE
Municipal Bonds.
tr..
COMMISSION MERCHANT,
14
Receive deposits and tranaact a general banking
business execute orders at the N. Y. Stock Exchange
for Stocks, Government, State, Municipal and Railroad Bonds and Gold.
Particular attention Kiven to the pn r»
chase and sale of minlBK Stocks In San
Francisco, for which we have the best
Watsi
Jb.. IOB
Charles E. Parker,
cisco.
BANKERS AND DEALERS IN
Brewster, Basset
W. i>0MEB0Y
:
Gkobsx H. Holt,
Member N. T. Stock Exchange.
73
Head oaeo, Hoas KoB«.
BANKERS,
Boston, Mass.
WALL STREET,
Banking Corporation,
Capital, Paid up in Gold, $3,000,000.
AGENTS FOR THE BANK OP CAUFORNU,
No. la Pine St., New York.
Hi WaTSS^tQI.T
\
Hong Kong & Shanghai
Laidlaw & Co.,
SinnON8> BI7ILDING,
8
San Francisco.
8.
STOCK BROKER,
Bio. Wa. Bxixou.
California,
CBMTBAt. trS—T.
WM. ALVOKD, President. THOMAS BIIOWN, CaahY
B. MUBRAT, Jb., Aaat. Caabler
C. C. Jackson,
Co.,
nRRORARTS
Texas. COnmiSSION
AND SHIP AOKNTS,
DiBxirroas.— Benjamin A.BotU, Pres't: C. 8. Lone
eope. w. .1. llutihlns. F. A. KIce. C.C. llaldwin, W. fl.
UKNJ. A. iiorrs. pres-t.
*L"'*"s!C' ":'•"•'«':•.
o. r
&
Russell
Capital, $500,000,
Houston,
slble points.
BOSTON.
iU
"Es EVERY
J of
APPROVED DESCRlPTlOf*
tlFE XnB endowment POLICIES
\diit£RJiis
as fawpableasthoss ofany otherco.
ilASHASSETSMfiSaO.OOO.OOO.
Works,
Locomotive
MANCrACTUREBS OF
Locomotives and Anac»skeac Steaaa
Fire Enxines,
MANCHESTER. N. H.
ARESTAS BLOOD, W. O. nEANS,
Superintendent,
Mancbesur, N.
B
_
40
_Tl»a»urt!r,
Water
atroet,
Boitos
•
:
;
THE CHRONKJLE.
IV
[Vol. XXVII.
Fiuancial.
Financial.
FinaMcial.
UNION TRUST
A. C. Burnham,
NEW
OF
CO.
CHAMPAIGN, Il4li.,
Seven
No. 73 Broadivay, Cor. Rector St.
OFFERS FOR SALE
FIRST
MORTGAGE
REAIi ESTATE
. $1,000,000.
CAPITAL, - . .~T
COUPON BONDS,
[Establisbed
18(!1.]
Mortgage
First
YORK,
Per Cent Bonds
OP THE
.
In amounts of $1,000 and upwards, yielding EIGHT to
TEN per cent semi-annual Interest, and negotiated
through the houses of
BURNHAM, THEVBTTdt WATTIS, Champaign, HI.
BTJRVHAM A TULLEYS, Council muffs, /owa.
BURNHAM it BKYER. Grinnell, Iowa.
BURNHAM, ORMSBY d: CO., Emmetaburg, loica.
All these loans are carefully made, after personal
Inspection of the security, by members of the above
firms, who, living on the ground, know the actual
value of lands and the character and responsibility of borrowers, and whose experience In the business for the past SIXTEEN YEARS has enabled them
to give entire satisfaction to Investors.
HAS SPECIAL FACILITIES FOR ACTING AS
Authorized by law to act as Executor, AdministraGuardian, Receiver, or Trustee, aad is a
tor,
LEO A I. DEPOSITORY FOR MONEY.
Interest allowed on Deposits, which may be made
and withdrawn at any time.
N. B.— Checks on this institution pass through the
Clearlng-House.
KING, Preataent.
EDWARD
McLkan, Ut Vice-Pj-esident.
Wm. Whithwbight, 2d Vice Pt-esident.
Defaulted Bonds.
M. McLean,
Augustus Scukll,
J.
E. B. Wesley,
G. G. Wllliajis,
Municipal Defaulted Bonds.
Holders and dealers would consult their Interesta bv
conferring witli us. Kellable information cheerfully
KBLEHER
CO.,
BANKERS AND BROKEUS,
ST. LOUIS.
References.—Messrs. Clark, Dodge & Co.. Ppeycr &
Co.,
New York
;
E. W. Clark
&
&:
IN
10
li Pkb Cent Guaranteed.
TO
FOR
A
SALE.
Choice lot of Lands In different parts of the
West. Also, Western Securities. A Choice Invest
ment. Address, for full particulars,
». H. TAIiBOT,
General Land, Scrip and Warrant Broker,
Sfoux City, loiva.
Reference.—First National Bank. Sioux
City,
Iowa,
Albert E. Hachfield,
18 Tl^ALL STREET, NEAV VORK
I* can act as agent In the sale or management of real
estate, collect iniC' est or aividends, receive registry
inc" trausfer books, or make purchase and sale ofGovernrv tiii and other securities.
Heliinoufi and charitable Institutions, and persone
anaccustomed to tne transaction of bustueas, will find
Ihls Company a safe and convfaient depository for
HIP1>BY UOPES, President.
CHAS. H MAUVIN, Vice-Prea
money.
Kdoas M. Chllbn. Counsel.
TKUSTEES:
Henrv Sangtr, Alex. McCne,
Chas.R. Marvin, A. A. Low.
Ahm. B. Baylls, Henry E.Sheldon
tf . K, Pierrepont,
Dan'l Chauncey, John T. Marun,
Alex. M. White.
Jofllah O. Low,
Uipley Hones.
Austin Corbin.
Kdmund W. CorJles.
Wra. K. BUNKKK. Secretary
Vhomaa
H.
L.
Grant,
First-CIass Investment Secnrltten,
Clir BONDS OF ALL KINDS.
Railroad Bonds and Soutdbrn Skoueitieb of
NEW YORK.
Southern Railroad Bonds, all kinds.
Toledo Logansport & Burlington Bonds.
Kansas Pacific Rallroa'-. Bonds.
Union * Logansnort Bonds.
Indiai apells & V incennes Bonds.
PINK STREET.
Seotirlt'es Bought at Auction.
Bailey,
S.
Stocks
ONE^ IIUNDHED
THoUSANO
DuLU/vllS,
GOLD,
BROAD 8TRHET.
OAS STOCKS
Mills.
;
TLVI3,.!}
Trustees.
TTNION PACIFIC RAILROAD.- AT
a meeting of the Eiecutlve Committee of the
Company
held to-day, the following resolution was adopted
only a limited amount for
WALSTON
Government under the
:
Minnesota Sfate Kcpudiited Uonils.
Atchison* Plke'sPeak allroart Unnjs.
Cliicago & Canada Soui hern Kallr' ad Uonds.
Tfxas Pacific Kli. Land Grant coupon Bonos.
City, County and Town Bonds of Ohio, Iowa & "Wis
Loultvllle & Nashvi Ic RR. StocK,
Northern Paciflc UK. Preferred ^tocK.
Kansas I'aclllc liallroad Bonds, all Issues.
Oregon Steam Navigation Co. Stock.
Ail allroal lionds endorsed by Michigan Cent. RB
Danvlile Urbana & loomlngton Railroad Bonds.
Town Bonds N. Y. State. Houston & Tex, I(R. Bonds.
r
on
FOR SALE:
7 per cent, bonds.
St., K. 1[.
Alden Gaylord,
33
WaU St., New
„_
8T. I.OriS CITY
York,
DKALHR TN
AND
_„_„„
giVESTMENT
A;
AT.L
COITNTY BOIVD8
CLASSES OP
& MISCELLANEOUS SECURITLES.
Kofers by permission to
W. B. Nlciols «
25
per cent provision of
Thurman
bill,
there
remain a residue of net earnings for the current
quarter, out cf which a dividend of IH per cent on
hereby declared, payable Oct. 1, to
stockholders of record at c osing of stock books
to-day and that the stock books be closed from today until October 2.
Co.,
per cent
BROWN &
H.
and
BRO.,
r
$1,000 EACH; REGISTERED
BONDS OF $5,000 EA'CH.
VANIA.
FOR SALE AT 101 AND INTEREST.
We recommend these bonds to invest;)r3 desiring.
a security of undoubted character.
DREXEL, inORGAN &
WINSLOW, I.ANIER &
HENRY McFARLAND,
WESTERN
'^'
BanSerV
Sept.
Stff.
CO.,
Corner Nassau and Cedar
Sta.
Chicago & Alton RR.
$lx Per Ct. Gold Mnkliig
Eccrclary.
20, \«li.
UNITED STATES TRUST CO.MPANY,
TatrsTza.
Taxes, imposed or to be imposed.
Bonds due 1903. Interest payable May 1 and Nov. 1.
A limited amount for sale at li.'2 and accrued Intcrest.all
of
JESUP, PATON & CO.,
52 WILLIAM STREET, NEW YORK.
No.
WANTED
Alabama, South Carolina & I.oulslana
State Bonds;
flew Orleans JackMon <k Gt. Nortliern>
iHisistSKippI CcatrnI, and Mobile
&.
Oliio
Railroad Ruuds
OrrioE,
New
;
City of NeAV Orleans Bonds.
I.EVY & BORG,
36
STOCKS
UNION TjE.I.EeRAPII
COMPANr, Tekabubbb's
Fund Ronds,
Principal and interest payable in the goM coin of the.
United States of the present weight and fineness.
is
Boston, September
CO.,
Corner Wall and Broad
;
I
J.
sale, at 90
Delaware and Hudson
Canal Company
F}-ee
:
will
the capital itock
R. CTlrE^, 31 Pine
have
No. 34 Pine Street.
requirement of 5 per cent of the company's net
earnings, and setting aside all that can be claimed by
the sinking fund clause in the
Broolilyn Sccnrltlea Bonisrbtand Sold
WM.
We
equipment.
accrued interest.
the company's bonded debt, providing for the United
the
A SPECIALTY.
anl Louisville
its
already sold oyer $450,000 of these bonds, and have
States'
Ts
upon the road and
mile,
10, 1578,
Resolved, That afterpayment of ail interest due
Geo. H. Prentiss,
Jersey City
bonded debt. The bond»
its
are a first mortgage lien, at the rate of $20,000 per
i
rirectors of the Union Pacific Railroad
;
W.IIVTED
The com
New York
already earning a large surplus
is
over the interest on
OP
wtiicb, under the terms of said raorteagc, is applicable to the redemption or purchftte ot said bonds
and that he undersigned wilt receive senle i proposals
at Hoom No. 66, corner l-ourth and Townsend streets,
tan FianclECO, for the surrender of said bonds, until
the 221 day of llctober, 1818, at which time said proposals will be opened, and such bonds as are offered
at the lowe-t price will be redeenea or purchased to
the am unt aforesaid.
LLOYD
A SPECIAI-TY,
SO
England business
States.
FIRST MORTGAGF, 40-irEAR,
PER CENT RONDS.
hereby nutlden that tlH-re is now in the hands of the
Uddersigoed, Trustees under tile mortgage bywh'ch
the payment if said l)onds is serured, ihe sum of
D. o.
Cash paid at once for the above Securities or toey
will be sold on connniiBslon, at seller's option.
23.
iNew
under the same control as the
and
St,
the shortest and most
it
direct ronte for ail the
is
between
;
Dealings In
Room
llnfe
Central Railroad and the Atlantic
coming from the Southweetern
pany
Genesee aoff
CITY RAILROAD STOCKS & BONDS PRINCIPAL DUE 1917 INTEREST, MARCH
AND SEPTEUBER; COUPON BONDS
BOUGHT AND SOLD.
Sau Francisco, September
PINK STREET.
Insurance
the connecting
New
passes
—
No. 36
7
valleys of the
It
sot'theriv pacific railroad
ARE SECURED BY A FIRST AND ONLY
CO NOTICE OF REBEinP'riON.
MORTGAGE ON ALL THE PROPERTY OP THE
PERI=O^^S
HOLDING
ANY
OF
THE
BONDS
ALL
COMPANY IN THE ST.\TB OF PENNSYLof the Southern Pacific Railroad Company are
Gas, Insurance Stocks, &c
J. p. WINTRINOHAin,
E.
rich
New York
Bee quotations of City Railroads in this paper.
WANTED.
the
Sullivan,
No. 145 BROAOlTAir,
dk8ceiption8.
t.
Line Railway runs from the
Groat Western, making
J. S. Rocftwell,
Jnha F. IJolfe.
DEALS IN
ali.
through
Wyoming, atd forms
Brooklyiit N. Y.
authorized by special cfarter to FKt
receiver, trustee, gua.rdlac, exeuu or or admioltIs
trat'ir.
NEBRASKA AND DAKOTA.
IO\^A,
»tB.,
db State
York, a dijtance of about 103 miles.
Centra',
& Clinton
Cor. of Montague
This Coicpany
is
Wanted Money
Samuel Willets,
Wm. Whitewright,
Geo. Cabot Ward
Tueodobe Roosevelt.
OGIIjVIE, Secretary.
The Brooklyn Trust Co.
Co.. Philadclpiiiii
TO LOAN ON APPROVED SECUKITY
H.
J.
The Rochester
City of Rochester to Salamanca, In the State of
the
EXECUTIVE COMMITTEE.
Special attention given to Compr,^mlPlng. FundiBK.
Buying or Selling MIsBourl County, Township and
P. F.
&. STATE E1\E
RAIEAVAY COMPAXY.
Transfer Agent and
Registrar of Stocks.
J. m:.
furnished.
ROCHESTER
and
WALL
STKKKT.
BONDS
At Auction.
Yoek,
II, 1878.
DIVIDEND
No.
45.
The Board of Directors have declared a Quarterly
Dividend of ONE AND ONE-HALF PER CENT upon
the Capital Stock of this Company, from the net earnings of the three months ending Sept. SO, instant,
payable on and after the 15th day of October next, to
shareholders of record on the 2(:th day of September
For the purpo.-eof this dividend, and of the annual
meeiinir of the stockuc iders, to be held on WEDNESDAY, the 9th of Oc ober next, the transfer books will
be closed at 3 o'clock on the aftcrnfon of the2tlth
Inst, and opened on the morning of the 16th of I'ct.
K. H, ROCHESTER, Treasurer.
The
undersigned
hold
SALES
of
REGULAR AUCTION
all classes
of
STOCKS AND BONDS,
WEDNESDAYS AND SATURDAYS.
ADRIAN
Ho.
II.
MVLrLER & SON^
1 PINB STJREBT, NK!7 YORK.
'
.
financial
I
MERCHANTS' MAGAZINK,
HliNT'S
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UiSlTED STATES^
VOL.
SATURDAY, OCTOBER
27.
CONTENTS
tliL- C'otl.iii
Hinlc Pailare
and
Importu and Exports for Angii't.. 816
Latest Moaetiry aad Commercial
Enzlish News
^16
Commercial aud Miscellancons
an
Tr.i'lu
Pcmianencv of KoJumBtlon
S^'J
Financial Uovic* of September... .Wi
The Debt Statcmeut for Sept
34.5
News
348
THE BANKERS' GAZETTE.
Money Market,
U.
8.
Securities,
|
Kailway Stocks, Gold Market,
Foreign Exchange. N. Y. City
Banks. Boston Banks, etc
349
j
|
Quotations of Slocks and Bonds... S.'ia
Local Securities
853
luvestments, and State, City and
Corporation Finances
364
THE COMMERCIAL TIMES.
Commercial Epitome
Cotton
BreadvtuSs
359
869
363
3(i4
Imports, Receipts and Exports..'.'.
Pricts Current
'
8r,s
.368
(^hxonitlt.
3^Ixe
The Commercial and Financial Chronicle is
day morning, with
the latest
news up
to
issued on Saturmidnight of Fridag.
TERMS OF SUBSCRIPTION-PArABLE
Ktir On<^
Year, (includinff postage)
,
IN
ADVANCE:
$10
.,
20.
Fir Six Montlis
do
......
(i 10.
Annnal subscription in London (Including postage)
£2 (is.
Six mos.
do
do
do
...
1 7s.
Sub-cnplions will be continued until ordered stopped bij a wAitrn order or
et Ihe publication oJKce. The Publishers cannot be responsible for Remittances
unless made by Drafts or P,,st-Offlce Money Orders.
London
NO.
found to be hopeless.
The commercial relations of
land are so
much
the cause.^,
failure
1
ke
what
that
693.
country with Eng-
we
are
are almost as
thip.
Questions,
trade
tracing oat
in
and forecasting the remoter
effects
of a
therefore, naturally arise
affected, what unbe exerted by the failure
upon other banks and upon general trade, and whether
there is likely to be anything In the way of panic in Great
favorable influence
is
particularly
likely to
is
The London Times denies that there is any
danger to be apprehended says that the bank has long
been loosely managed, but that no other banking institution in Scotland has engaged in similar bu.^iness.
Business, however, is like a row of nine-pins in that it
is scarcely possible for one large concern to fall without pushing others over; and hence the anxiety. Yet^
Britain.
;
Broad
affairs
Ad vertl»enieiits.
this
the English
as
so far as this country
OCBc^.
The London office of the Chronicle is at No. 5 .Austin Friars, Old
Street, wi.ere subscriptions will be taken at the prices above named.
exceedingly close
interested
as to
Dry Goods
|
1878.
other Scotch banks to intervene, at the last moment, is
fairly to be taken as indicating that the condition wa»
THB CHRONICLB.
The (!la«?ow
5,
are not
is
concerned,
it
is
evident that
are in an unusually conservative condition.
now extended
we have been buying
We
abroad
Transient advertisements are published at 25 cents per line for each Insertion,
and selling more, so ihat the trade balance is in our favor;
but when di Unite orders are given for five, or more, insertions, a liberal discount is made. No promise of continuous publication in the best place ran be
with a part of our exports we have been purchasing our
giveu, as all advertises must have equal opportunities. Special Notices in
Banking and Financial column 60 ecu's per line, each insertion.
bonds,
so that we are much le.«s in debt to Europe than
WiLLliil B. DAWi,
WILLIAM B. DANA & CO., Publishers,
JOBS o. FLOYD, JR. f
79 & 81 William Street, NEW YORK.
formerly. A crisis in Great Britain could not, therefore,
Post Office Box 4D92.
now throw suddenly upon our markets the quantity of
A neat (lie-cover is furnished at .50 cents; postage on the same is 18
|y
bonds it once could have thrown, and altogether we are in
cents. Volumes bound for subscribers at Jl 50.
CB'" For a complete set of the Commercial and Fixancial Chronicle—
an exceptionally strong condition so far as immunity from
JuIt. 186.). to date—or of Udnt's Mkucuants' Magazine, 1839 to lo71, inquire
•t the office.
being severely shaken by outside disturbances is concerned.
ve The Businers Department of the Chronicle is represented among
sudden (quail is much less likely to overturn the vessel
;
less
I
Financial interests in
r/ZA'
New York
City by Mr. Fred.
W.
A
Jones.
GLASGOW BANK FAILORE AND THE
COTTON TRADE.
The most important
financial event
which has occur-
when the sails are trimmed than when all are flying; and
we have been for five years engaged in the painful though
wholesome process of taking in sail and lopping away
the loose tatters. Great Britain, also, it is well to remem-
been doing the same, to some extent, and trade
Glasgow Bank, with liabilities of 50 raillionfi. in general is probably better able to endure a strain
The institution had a large number of branches and without being precipitated into panic.
agencies, but, having none in London, was comparaThis failure is supposed to have grown out of troubles
tively unknown in this country. There seems to be some in the India trade.
The Loudon Tekgraph^s dispatch
contradiction in the reports thus far received, for the ascribes it to advances of 30 millions to four firms of
London Times declares that the bank had been losiii'i- India merchants; the London Times ascribes it to the
red
during
the
past
week
is
the
failure
of
the
ber, has
City of
credit for
some time, and
its
failure
was not
at all unex-
pected; yet other statements are to the effect that its
shares have stood at over 100 per cent premium within
the past fortnight.
The size of the concern, and the
impossibility of getting any further discounts in London
on bills drawn from India upon the Glasgow bank^
which bills had been sold in India to the home banks,
Our own
ostensibly against the shipment of produce.
may lead to further disaster on a large London correspondent writes that since the recent rise
have directed attention prominently to the failure. of the Bank of England rate to 5 per cent, loans which
Little is known here of the details as yet, however; but had been made upon the security of India and Colonial
t
unlimited shareholders' liability will probably shield government stocks have been freely called in, and the
the depositors from much loss, and the refusal of the Bank
has been unwilling to renew them except
fear kst its fate
scale,
THE (JHROmCLE.
342
on too onerous terms. In consequence there has been a the actual facts;
marked decline in India and other Colonial securities failed bank has
XXVIL
IVoL.
hoped that the course of the
and that the
within the past four months, as the following com- conservative habits of the Scotch banks have been main-
parison shows:
lOJ
101
93
®103
®102
®
Cape of Good Hope 4>^ per cents
96H®
Natal
per cents
93
New Brunswick 6 per cents
New South Wales 4 per cents
New Zealand 4>^ per cents
110
99;<(ai00>4
99
®100
®114
Qioa
95>f
93
a
@
96
@
93
118
S109
!09
9J
@94
97
About two months ago,
of the Bank of England
2
we
cent,
1V4
ment between
94
3X
3X
97
@110
@
98
condition of the India firms referred to
is
4
not yet
reported, but the discouraging state of the
some days working towards the point at which shipments of gold become profitable, and an increase in the
export
pected.
for
some weeks.
Messrs. Ellison
show
&
this condition
Co.'s last Liverpool cotton circular,
PRICES AT LIVERPOOL.
Date.
Sept. 13, 1877.
Sept. 5,1878.
6-^
S-'a
9=8
upon the then recent course of the exchange market,
for a turn the other way soon set in, and the figure for
demand bills has now so far changed that shipments of
coin to this country are anticipated.
There is more
significance in this fact than appears at a merely casual
glance, taking also into consideration the condition of
foreign trade and all the attendant circumstances.
note the table of
First,
and
silver,
for the last
the net
twice published before, but
9%
9%
6s.li2d.®8s.3d.
6s.l»ad.®83.0d.
movement
year,
fiscal
now
of gold
which we have
down
bring
month
a
later;
ISn.
.
,
Net
itontk.
SxpoTt.
Import.
Import.
$
1,293,454
203,932
293,179
2,983,664
783,594
4,623,403
330,029
.
Here we see cotton, the raw material, 7-1 6 d. per pound
March
higher than at this time in 1877, while the manufac. April
turer is selling his productions at just the same price May
June
as then; furthermore, it should be remembered that,
July
even at last year's rates, the spinner claimed he was August
Export.
667,271
December
January
February
Nil
$8,29i,645
418,640
October
NovL-mber
8,464,504
1878.
$1,910,639
.
Ket
$
13,475,750
1876.
,
Net
September
Middling Common Common Common
Uplands. 32s cop. 30s water iOsmule. 8H-lb. Shirtings.
69l6
movement of coin seemed reasonably to be exBut too much stress was laid, as it appeared,
Jaly
Angast
very forcibly:
rise
that time to 5 per
attention to the coin move-
for
Since
known
ISVS, the average price of
commenting on the
in
rate at
this country and England during the ten
years just ended, with the view of showing its bearings
upon the pending and all-important matter of specie
resumption. At that time, sterling exchange had been
goods has declined more
than that of the raw material. Late in August, the
Liverpool Post stated the margin between the price of
cotton and the value of yarns and goods at from Id. to
1-Jd. less than in any year of the last five; that as trade
was not doing well in any of those years it is of course
worse off now; that spinners and manufacturers are
ground between dear cotton and cheap yarns and goods;
hence that this unremunerative state of things can but
produce financial embarrassment, particularly among
those who are connected with the export trade, which
absorbs 15 to 80 per cent of the entire product of the
United Kingdom. The following figures, taken from
cotton trade has been
called particular
2>i
9SV4
• Slse.
The
PERMANENCY OF BESUMPTION.
•3
90
97>f
94
lOti
89
4X
® 91
94
92
94
Victoria 6 per cents
Victoria 4 per cents
®
31.
106Xai07Sf
loj^iaiosK
@ 98
@ 93
® 91
@ 94
9ti
Queensland 4 per cents
Sonth Anstralia 4 per cents
definitely
to be
tained.
May
Sept. 81.
India 5 per centa
India 4 per cents
Canada 4 per cents
4>i'
it is
really been an exception
'
'.377.
,
S
SS-23,5;7
2,364,753
.
(
1,406,093
962,030
1,311,211
1,969,835
903,843
2,323,951
12,<)65,650
,
5,371,28J
2,048,173
633,568
320.838
3,473,750
418,640
money.
Out of these facts, therefore, has
These fourteen months thus show a decrease of nearly
probably arisen the bank's embarrassment.
Confirma- 17 millions in the net export as compared with the pretion of this is also seen in the failure, since announced, vious year, and for the last eight months only, the net
of the widely-known and conservative house of Messrs. export is $621,283, against i25,463,551 for the correSmith, Fleming & Co.
The cable does not state sponding months in 1877, showing a decline of more
that there is any connection between these two than 24f millions.
Turning to the condition of the
events, but we have no doubt that there is.
The Treasury, we find that the net available coin balance,
failed firm, it is fair to presume, was one of the four which has been swelling for a year past
having been
or five India firms to whom the Glasgow bank had made 40-J millions, September 1, 1877— was 177 millions Sepadvances, and, of course, some or all of the rest of them tember 1. This is something over 50 per cent of the"
may go under also.
Stocks of goods piled up in greenbacks outstanding, and, even without allowing for
India, manufactured at these losing rates, and fall- the portion of notes which are certain (if anything is
ing in price while cotton advanced, is, in brief, the certain) to be retained by banks and other holders, it is
explanation.
As to the probability of extended evident that this is a larger percentage of reserve than
trouble, however, it should be remembered that the has ever been adjudged necessary or has ever been
accounts indicate that the failure of the bank had maintained, against its notes, by any issuer in the
been pretty well discounted
and yet, a few days world.
or weeks will be required to determine the degree
What is likely to be the change in this condition durof disturbance.
ing the rest of the year ? Comparing the net movement
Another point is worth noting. The discovery of an of specie during the past summer with that in the two
old deficit, if such exists, does not tally well with the previous years, we find
that in 1876 there was a net
profession of having a 60 per cent surplus and with the export of $11,000,550
in 1877, a net export Of
;
payment of large dividends up to a date quite near fail- $5,424,764; in 1878, a net export of only $1,505,836.
ure.
Probably the continuance of ill-deserved credit In merchandise alone, during the three summer months
has been attained by means of the dividends— a Course this year, there was an excess of exports
of $44,060,261;
not unprecedented, but one which rarely ends otherwise last year there was an excess of imports during Jiirie
than by making failure worse. It is best in banking, as and July, apd an export excess of only
$3,670,104
losing
.
—
;
n
other matters, to
tell
the truth and stand or
fall
by for the same three months.
It
thtis
appears
thit
OOTOBBB
THE CHRONICLE.
0, 1878.]
843
ordinarily the dullest as respects fidence in resumption as an aooomplithed fact b« generof merchandise from this ally felt, and the natural result is to unlock money and
movement
outward
the
country as compared with the inward one, and very set productive enterprises on foot; this offers employactive as respects specie shipments, we have made only ment to labor and hope to all; with that the green% nominal specie shipment and a very considerable export back party melts away, leaving the removal of th«
Now, as we all know, is the obstructive laws which were passed last session a work
balance of merchandise.
during the season
time of year
when cotton exports
in particular are large;
are already exerting their effect
upon the
cotton
market, and the turn of the exchanges, as well as of the
specie movement, during the remainder of the year, is
bills
Turning back a few years, we
thus plainly indicated.
find that in the last quarter of 1876 there was a net specie
import of over 15 millions;
about $150,000.
Remembering,
precious metals
is
last year,
the import
in
it
ject for inquiry, than what comes after; in other words,
resumption, once accomplished, will so commend itself
and so shape circumstances to suit itself that it may
As
to foreign trade,
its own permanence.
probable that imports will in
to take care of
it
is
some measure recover from their depression, as the condibecomes tion of the country improves; but how does it follow that
the conditions exports are, therefore, likely to decline as well, or even
therefore, that our production of the
continuing at
its
usual rate,
prognosticating what will
particulars,
This view of the case upholds the conclusion that the
next half-year is of more present consequence, as a sub-
was reasonably be trusted
it
evident from these statements that all
point to a constant increase in the country's coin balance
during the three months now remaining before January 1.
And
of comparatively slight difficulty.
appears to us that
to the question at issue, but
may
it is
happen
in
tliese
not only immaterial
that they are not likely to increase
?
Here,
it
seems to
the ordinary current of thought on this subject is led
abtray by assumptions based upon the past. On the
contrary, it is certain that the productive facilities of the
us,
even be positively mis- country, in point of cheapness, as well as quality, have
been enormously increasing, not as respects food and
leading, to extend the conjecture too far into the future.
When
which passes from raw materials only, but manufactured goods as well;
we that there has been some increase in export trade in
involve
in
our
minds
the chances for his rallying manufactures; and that greater effort is making, and
do not
of
the
chances
what
may
happen to him during and more expectation is entertained in respect to such trade
with
We are firm in the belief that the
after the term of convalescence. In this matter of getting than ever before.
the country safely through its change from financial changes with regard to the vantage ground this country
fever to a healthy life, the coming six or nine months occupies as a competitor with Europe for the markets of
are the time we have to deal with, not the years which the world, have not been fully appreciated as yet having
"What course the foreign exchanges will take been so silent. We cannot enlarge upon this at present,
follow.
in 1880, or whether the movement which has been ac- but if it is the fact it certainly should not be undervalued
cumulating specie here can be maintained for another in estimating the degree of confidence to be placed upon
twelve months, is not the question of the present as the permanence of the specie basis, as far as the chances
of that's being put to the test by an unfavorable turn in
regards resumption.
which
influences
most
But the
disturb confidence in the the exchanges. Is there not enough that is hopeful in the
permanent establishment of a specie basis are the new near future to relieve us from all need of borrowing
movements of the inflationists in the political world. trouble about what may come, say in the next fiscal year ?
a person
is
in the critical stage
fever into either a favorable change or the contrary,
Even on
this point
we
think there
is less
than there was two weeks since, and
fear felt to-day
would seem as if
the tide had turned, and that reason was again to hold
sway. Without, however, placing reliance upon that
expectation, being merely speculative, we do not think
there are substantial grounds for the fears which are felt
as to the power of the opponents of resumption.
None of them entertain the idea that the Act can
be repealed during December; what they regard as its
mischievous work has already been wrought, and they
expect to see its enforcement begun. But they do not
mean to be passive spectators; their idea of course is to
hamper the Secretary as much as possible, to play upon
the fears and passions of the people as they can, and at
the first appearance of mishap or of public alarm to proclaim that the Act has had its trial and has failed, and
ihen, to rush to Washington with their " demand " for
it
FINANCIAL REVIEW OF SEPTEMBER.
The course of financial affairs was quiet in September,
and undisturbed by any events of more than ordinary
importance. The prominence given in the daily newspapers to the various political conventions throughout
the country, and to the financial planks in their several
platforms, had the effect of causing more than usual discussion upon the present and prospective financial status
In the absence of any considerable
of the country.
demand, gold showed no advance in price, but in the
market for investment securities a preference for gold
bonds was perceptible. The breadstuffs movement was
still large in volume ; but in the Southwest the continued prevalence of yellow fever put a check upon
business in the cities of the Mississippi Valley, and in
some instances even prevented the picking of cotton in
immediate repeal. 1 his has already been generally the field.
by thoughtful observers, but many of them
At the New York Stock Exchange the transactions^
may have failed to note another consideration: that all compared with two previous months, were as follows:
formidable resistance grows out of the fact that, under
atUmUr.
Avgvit.
Julv.
V^Mk.'m
tS.O»ilOO
hard times, the delusion has spread that " contraction " tr. 8. OoTamment bon^
tlS.-U,&8a
its
foreseen
—
caused by the Act
is
IwDds
the trouble, and prosperity can be bUte
lUiJtoad bondf
produced by more paper.
activity will
The renewal of industrial
make the mass
destroy this delusion, and
B4ak«taclia
...
ihUM
lUUroAd cad mliceUiBeoai ttocki "
878,000
48I.0OO
SM,0aO
CUISDO
4,tS«.000
5,171,1(10
t,048
1,4M
M«
8,C80,a06
8,4I*,0U
S,aa»,4M
present ijreeubackers perfectly satisfied with
The following summary shows the condition of the
hard money. But until January, all financial interests New Yprk City Clearing House banks, the premium on
in a measure remain in suspense
not necessarily in gold, rate of foreign exchange, and prices of leading
fear, but in the feeling that it is necessary to wait and securities and articles of merchandise, about the first of
sec the thing done which is now to be done.
Let con- October in each year, from 1875 to 1878, inclusive:
of the
—
—
.
H
X
SnHMABT OCTOBER
STATISTICAL
1,
TO
1S75
1878.
York City Banks—
Loans aud discounts. $
Specie
$
Circaiatlon
t
Net deposits
$
1S73.
18-7.
1876.
246..322,5'"0
2tl,847 800
16,653.300
27'',841..300
234,403.600
66.490,600
14,731,250
1875.
.
l'i,734,400
21ti,3J2,000
20O,771,2"0
41,975,5W)
8,135,000
247,683,500
56,755,200
16,333,775
00
18,191,'
45,»«0,70O
9,797,300
Legal tenders
S
Surp. reserve Cover 25 %)%
Gold,
19.617.?O0
262, 428, COO
14.46 ),200
1 1,647,200
Exchange—
8-4
Callloans
4-5X
.
^
'67,
9-16d.
81
51
.
4
coup
&
107 !i
120K
10f.,V
lorji
103
113V
XX ^
^
^
^
32X
i^%
39X
36 «
47
283i
81?i
120
108
ll>i
lOJi
a3-38
16 50-18 00
38-)'t
18 50-20 00
103-....
49-49X
bush.
8 75-
iini
67X
25X
KH
36
...
41Ji
100
80
71 Ji
55X
tb..
ft
53«
59>i
lOJJi
31?.i
3i- 1 85
57-59
14 10-14 25
1
B5
^;
102 Ji
16J»
54Ji
57
1031C
973i
43-43
25 50-S6 50
1 21- 1 31
67-70
21 75-21 80
BANK MOVEMENTS AND THE MONET MARKET.
month was
the decrease of legal-tender notes,
_in
which fell off from 150,683,500 on the '7th to $45,680,700
on the 2Sth, in response to the usual trade demand for
currency to move the crops.
The money market showed only
a slight hardening in
were quoted at 1 to 3 per cent up to
the close, while prime paper advanced in some cases to 6
per cent, and was quoted at 4@6 per cent, according to
the time it had to run.
rates,
and
call loans
NEW TOBK
CITT BANK STATEMENTS IN SEPTEMBER.
1878.
—
,-68,1881-, r-5-206, Coupon-,
10-408—, 5s,'Sl. ^4i/ii3.'91- 48,
reg, coup. '65 n. 1867. 1868. reg. coup. coup. reg. coup. cou.
Sept,
Sept. 11.
I06HX1O6X
2
$
S
$
244,215,100
18,554,700
246.322,500
19,062,3ii0
Circulation
Net deposits
216,711,200
SO.Bt'a 500
Legnl tenders
Surplus reserje over25^.. 13,453,800
Range of call loans
1
®2
4 &!>
Bate of prime paper, .
ll),478 300
218 26:). 000
48,891,200
2)5,377,400
18.?22,800
is) 6.6 300
217.301.000
48,538.400
12.535,200
$
Specie
12,378,650
1
4
,
@2
@5
6
7
108Si
10
107?i
11
12
13
14
15
16
17
107 ;<
18
19
20
107)4
106X 106>4 106)4 \OiU 103« 100)4 119J4
.... 105i(
.... 105)i
.... 105>,.... 115M
10634 106
106)i 106
.... 103 J<
.... 103>i
....
my,
i6o>i
.:;;
io!?i;
I0:iy.
loox
,,..
108)4 V?.6X 106)4
103 -i
..
106« Joan 106
106)4 ll6
10334 1033f
I03X
....
IW/j lOOJi
....
103J4
mn
'.'.'.'.
...
105Ji
107'4 i02>i; 10534
10754
lOSV
107X 102 J^ 105)4
107X 102)S4 105)4
107 Ji 10JJ4 lOiy, 1115 S4
107;<
l(5>i
107X
21
107K
106X
.
103^
W
105X
107 J4
103
34
35
36
37
107«
28.
1U7\
105)4
107)4
107 »4 I02i; 105 >4-
29
30
1K,4
....
.,..
1C6
,...
108X
s
....
..,
10334 10334
,... lOliJi 106)4 106
,
,
10534
10->4
.... 106)4 10534
107J4
.... 10534
W.fri 106
107H 105K .... 10534
106
103?4
10334 10334
22
119Jf
m'K
10C74
in.33i l'i3>4 10034 11934
1033i 10334 10034
•.
103X
lOOX
....
....
io:ji 107 3i
107>4 1C6>4 l;6)4 105J4 li-3>S ir33i 10074
....
OpenlnglOlfe' 108VC 102*4 1053f 10734 10 iX Wiy, 106i4 10334 10354 10034 li934
Highest. 10-« li^if 10214 10 y, 108
10614 106)i 106 !< 10334 1033i£ 10034 1I9J4
Lowest.. lOrSi 10 y, 10^34 103 i4 1 17)4 10534 106
103 '4 lOOVi 11934
10534
Closing. 10 :^ 107-K 102X 105)i 10734 106)4 106)4 10534 103X 1033i 100^ 11934
hU%
CLOSING PRICES OP CONSOLS
AND
U. 8.
SECURITIES.AT LONDON IN SBPTSMBSR.
Consols U.S.
Date.
Consols U.S,
5-20, 10-40
for
Money.
1867.
of
New
1»81.
4X8,
.5s
@3
@6
FOREIGN TEADE OP THE UNITED STATES.
movement have
been reported by the Bureau of Statistics up to the close
of August, and for the eight months of the calendar
year from January 1. The excess of exports over imports in August (specie and merchandise both included)
total figures of the foreign trade
5-2',
1667:
3-
91 11-16 107
P.AILROAD
New
5s of
1831. 4 ^8,
10734 108 k 108)4 10.5
0.3, 10:34 108)4 1C534
V
S
91 13
91 13
94 119434
91 1191 U-
ma
9,797,300
for
Money,
Date,
Sept.
1
101)^ 1073410.534
107
S 91314
108)4 107341105)4
4 94 9-16 1II7X 108)4 I08>.- 10J3i;
6|94 S. 16 10734 108)4 106), 10531!
107 )« 108>i 1083^10534
69434
7 94 11-16 10734 10834 10834 105X
S. .
8l...,
i'Vi 10834 10834 10554
994V
I0i34 108)4 10834 10534
10 91 34
11 94 1.5-16 10- 3i lOiy,
10554
12 94 13-li> 1073(! 108 H 108 If 106
13 91 15-16 107 X 108)4 lf83i,10fi
95 !-li 10734 10834 10834 106
S.
gi'is^ii, ioT** 108)4 108)4 10534
94 1.5-16 M73i 10.^)4 lOSV. 10534
91 15-lt. 1073S 108)4
10534
95 1-16 10. M l'W)4 108)4
45,6811,7.
2
4
....
.
]8,1'JD,600
(SfiH
m%
107^
19,617,800
216,332,000
im®2
4
cur.
103>ixli)!X irojf 119J4
Wi%
5
Sept.
343.432,900
16,933,100
Loans and discounts
lOG.H^
lOSJi
..., 103A' lOOK
107Ji 10«J< )06.!< 108li
,,,. 10JJ4 103
lOS-i
.... WfiV, 1063*
IWy, 106ii 103?i 103X
108)4 l"8}i
lOSX 10>>i 102Ji irsif .... 106?; .... 106X 103% ,... 100>i
lOoJf
106X . .. 103X
3
4
Sept. 28.
Sei)t. 21.
68.
S.
1
!
Sept. 7.
The
was
and the greater demand for money in mercantile channels, the sales of new 4 per cent bonds would show some
diminution. The Treasury Department called in $10,000,000 more of the five-twenties of 1865, in the seventieth and seventy-first calls, each for $5,000,000.
Railroad bonds showed a decided activity at advancing
Nearly all the leading bonds shared in the
prices.
upward movement, and one of the features of the market
was a preference for bonds payable in gold coin.
9
13*<
11
34 45
22 00- ....
1 10- 1 22
So-SSJ^
18 80-16 95
In the statements of our Clearing-House banks the
only important difference noted in their returns during
the
It
CLOSING PRICES OP GOVERNMENT SECURITIES IN SEPTEMBER,
9«
63X
71M
Am pi^, No.l,^ ton
Wheat, No.2 spirng,^ bn
mi.t,
month.
117>i
98
Wi
118J<
iiTi
41)f
Iron,
Corn, West,
Pork, mess
120«
124X
116
1255i
115
ll'JK
101
n%
69
Micliigan Central
Chic. Rlc. Isl. & Pbc
Illinois Central
Chic. &, Northwest, com.
Chic. Mil. & St. P. com.
Del. Laclc & West
Central of N.J
Wool. Am.
52 9-16d.
4 82V4-4 83
as in the previous
to be anticipated that with the opening of fall business,
.
Mich So
MerchandifieCotton, Mid. Up..
2-3
5^4-7
117
56 ll-18d.
4 79-4 60
won
119^
Erie
Lakes.
5-6
io-j<
103 >i
99J4
Sailioid Stocks—
N. Y. Cent. & Hud
2-4
6-7
4 81)i-4 82
80X-4
68, cnrrency
10-408. coupon
4;<s, 1891, connon
4s of 1907, coupon
:4-7
10 )«
55d.
lilO?i
.
Silver in London,
oz
Prime sterl. bills 60 days.
United S'at'S Hor.ds-
520 bonds,
6,448,90)
17,93.5.800
[Vol. XXVII.
September
as large in
New
Gold
.
THE CHRONICLE
344
Money,
—
ii'x"
Open,
08 "4 1033< 1C534
I0J3-. lOS!'. 1(8
10534
10;)4 0314 :08)4 10534
107 3i 10>!4 10814 10534
107;-,
108)4 li:8l4 10534
10734 li8'4 108 Jt
103«
s..;.
16754 10834
ioe"
mU
94 11-16 107
10314 10734 1053tf
Highest 95 3-R. 10734 1081s my, 106
Lowest 94 9-16 107 108X 107 ".4 106)4
Closing 91X
i07J4 10834 10834 106
I«l-5
,
97 11-16 10934 11134 10'.)4 1073^
94 5-16 106X 104 >8 10334 W>H
(
AND MISCELLANEOUS STOCKS.
In the early part of September the stock markets
showed
little animation, and prices were barely supported
an
excess
of
$3,890,292 in
was $22,516,448, against
August, 1877. The total excess of exports for the eight on some of the leading speculative favorites. Later,
months, from January 1 to August 31, 1878, was $189,- however, there was increased activity, and the three
—
the grangers and Western
coal carriers
and
the
all showed
period of 1877. The following is a summary of the
advances,
the
with
most
active
transactions
in
grangers
movement of both specie and merchandise, all in specie
after the dividend of 3^ per cent was declared on St.
values:
EXPORTS AND IMPORTS OP THE UNITED STATES.
Paul preferred. Western Union Telegraph was pretty
122,370, against an excess of $64,415,546 in the same
principal classes of stocks
—
stocks, the trunk lines,
1878,
Merchandise-
August.
}5.1,n8»,485
Exports
Imports
36,8)),a65
Excess-exports,. t22,I9j,2J0
Excess imports
—
strong throughout.
.
Eight Months.
Augi/xt.
Eight Months.
t4- 5,638.761
287,137,671
$42,710,603
*3?5,48i.2til
3:',24S,U46
836,532,266
$18.-',501,0.n
$3,471,652
138,951,995
$21,801-,6I3
$2,0''0,733
$3!1,740,243
14,276,692
Specie"
Exports
Imports
..;,...
$1,367,773
1,047,580
20,B6ii,,36U
*,C21,983
Excess-exports..
i320,243
Excess— imports
Total Merchandise and Specie
$60,4.)7,2>i3
Exports
$498, 9(0,404
37,940,815
307,818,134
Imports
1
643,143
'
Bxcess— exports,. $22,516,448
Escess- imports..
$189,12<,370
S'418,'640
.
$4!5.a24,,504
B50,8 8,968
$8,890,293
$!>4,415,546
highest,
KANGB OP STOCKS IN AUGUST AND SEPTEMBER.
Bur. C. ItaD.& Korth.
Central of N. .Jersey.
Chicago
&
Alton
do
pref,
& Quincy
& St, Paul,
do
do
* Prices bid.
..
•
pref.
1.
High. Low.
81
»25
28
38)4
82)4
*l(33ii
111)4
3.5?£
72
3^34
85
Aug
80
24
32
80
104
101
i:23f I10SJ4
i8
36
6a
72;i
t Pricee asked.
,
-Septemher.-
-Angnst.—
Railroad Stocks.Aug.
Albany & Siisqneliiin,
81
Bnrl.
Chic Mil,
were not
show the opening,
months of August and September:
Cljic,
INVESTMEJfT SECUEITIES.
The
table will
$21,463,151
$'4,780,481
40,690,189
transactions in United States securties
The following
lowest and closing prices of railway and miscellaneous
stocks at the New York Stock Exchange during the
Sept. 2 lileh. Low,Scpl.30
83
•80
81
83
t83
V8
22)4
22)4
....
t35
a834
S3
33
3)!4
iS^
84
85
80..- 80
83
81.
101
109)4
10^«
10134
11834
2734
.-2)4
I0fj4
27>4
1!2X
28
asx
61«
ih
643li
X97jj
•
1
il
.
...
31)K
H
.
OcrraBBR
'
THE (JHRONICLE.
1878.]
5,
— AnRiiBt.
AUR.
1.
*
N»rtliwciit
(lu
|>r»r.
Chlciu;.)*
Hock Ul'd
liaif
Chre.
Clii
* ltd.
*M)i
Ohlc«(|o
-ol
I
*
aiiX
—— —
Hcpt
8. plembor a. Illirb. Law.8
The followloK
IHH lU
AI. O.
AWcwtcru
79
i!i
S83i
*D7
Del. Ijick.
Duliitane .& Sioux C.
Kilo...
do pr.f
Uuinlbil Jtl<t.Joa...
do prof.
do
.
5«of 13.-.8
0«of 1881
.!•, Oregon War..
6«of llril
6«of 1881
5«,ia40>
RiH
t5
Mich. So.
Nasbv
iitrul
63
.
64H
...
Tfxaa.
Kiii-ii-* .t
Morns \ Kfwx
127
'IK
l(i»
IMX
7K
'V
112
16»
8V<
I8S
IMX
Panama
I'itis. F.W.*Ch.,gua
MJ<
95J*
Itcnssvlaer <t Cant
St. L. Alton A T. H.
Bt.L.Iron Ml.* South
StLouid Kano. C. &
do
do prcf
kBt. L. AS. Frau. pref
1ST
....
1
•
5s.
7X
7H'
tl««
9i>4
95>f
t7
f>^H
61=14
14
15X
lii
Msrch
March
July
July
18NI
1907 July
pension. Act July
110,17i,W0
3,
la.OTl.500
14,
nn.urio.Mo
14,
14,
i8ii,^«o,t:o
«;».»7»,L
M),i«»,i
48,290.4
I04.909,au0
l,0iaJ44.8llO
t8(f7,ei«.71IO
Character of Issue.
Old demand
*12S
notes..
Ittljf
t-J63i
..
appi'd only to pens'ns'tH.OOO.OflO tlM.OOO
Acta.
July
..
]
'0
pr.f
23. '68, Int.
Authorizing
*^
Quicksilver
Ameiican Expre?8. ..
I'll. Slates Express. ..
Weils Fargo Lxpress.
fill. & Hud. Canal...
JOJf
'Ha
Fnllmau I'alace
'T*
Legal-tender notes ...
.]
iFcb.
Feb.
July
Mar.
Amount
Issnea.
Total.
17.
t62;C60
12,
Prior to 1869 $18,456,984
Series of 1869 136.741,582
Series of 1874
3S,82;,94;
[Series of 1875
Series of 1878
17,831,74:
2.5,
1),
3,
S46,681.01«
40,710,000
,
6414
Certificates of deposit.
June
8, '73.
First....
Jnly
Fractional cnrrency
+ Price asked.
Trice bid.
'
Debt Bearlnc no Intereat.
*1
SSJ^
Ontario Silver Mli.'j;
*
3,
!).')()
9a
.
.
*7.0«.«3t
ino,<SMiio
'
8,
Debt oa Wblcb Intereat Haa Ceased Since nialarifr.
*H
pif....
Adams Esprcsa
4i,4&w.4ao
MMOO
There Is a total amount of over-duo debt yet out-ilandlnir, which has nerer
been presented forpayim'ni. of »12,.W1,6!»I principal and $3^,585 Interest. Of
tuts amount, {11,781,
arc on the "called" flve-twentles.
"12^
. .
M...
*o.<aMO»
Priucipil. Intereet
Navy
*2.5!<
&
M.'ia.ioi
'
I
*i»;i
*ih}(
Con^ol. Coal
do
4.40,000
lr),MMW
Hx
)GX
Diclrict Tel
Pacillc Tel
Stk. Telegraph
&
do
March 3,
March 3,
.March
•««,oau
li8°.3»i.aiKI
'
«4V
niHcellaneonii.
PucUcMail
Mariposa L.
2,
Pebt Bearlna: Intereat In I.»wIdI moner.
6/
.3s.
Amiiican
&
8,
Marrh
JnlyAA.,
18<ll
Orayoo.
/DM/.onu
'
On the above Issues of bonds there Is a total of t9.3(5,289or Interest OTer-dii*
and not yet called for. The total current accrued interest to date la
tl8,206.W9
litp cf
Western Union TlI
Canton
Feb.
il'^
...
Wnrrcu
fiold
Refbtend.
'
14.
'S
Tfnton PaciSc
Waliiush
Atlantic
.
or »80 and »1(X) bonds «re paid annually In March.
,,'Jl;;"^'"'.'" denominations of each Issue of bonds are as roMowa: (a> Coot
.."•'* c-'MPO" I'.OOO, registered ll.dOU, »5,06o. IIO.I
i''iS,'""'!;'lI£\'' "';
•!
N
do
Interest
•Coupons
l<5>tf
r
I
M
PorM*. i
Aggregate of debt bearing Interest In eohi
.
•
do.
do.
434».
4s,
IK^ 'KS
18X
Funded Loan,
•
IIH(
107W
June
8a, S-S(ia of 1866,
8s, 5.20b or 11.67..
ea, 5-208 or 1868.
8t>i
N.mhv rhiitt.Abt. L
Ni'W.lcrmy
New Jersey Southern
N.Y.l'clit.A Hud. Klv
N.V. N. llavon Jk II..
Ohio .« .Mississippi ..
do
pref
I
Act.
*MH
...
Km^'^' IMclflr
T
offlcl&l
ADth'rlKloff
Character of Isin*.
IIH
tl40
Ontrol
SKI'T., 1878.
tkUinieal of ih« pablie d«bt ••
TreMursr'* retorn*
tha aloM of
tlia
18«
MM
Hu-lvm
Ililnola
ia
»ppe»r» from the books »o(l
buHlnoji OD the lait d»jr of SoptoiiiUr. 1878:
P«fc« fcaarUMf !(•«•» la Cola.
-
81
9i5
DKBT STATKMKST FOR
TIIK
itH
8JH
60
Colimib. Ihlc.
M'K
,
Bisb. Luw. Aiu;.8l.
8f>X
Kuar
Cli'Tc.t I'iltKbV,
.
''
'
.
GOLD AND EXCHANGE.
I
Coin certincates
Second
4,3S7,i«S4
Jlar.
17, '62
8, '63
Third...,
3,009,2.27
June
80, '641
Fourth..
[
Fifth....
8,951,828
1, 937,719
Mar.
S.lll,2f»
.
(4S8,425.m
9,54r
Amount
Outstanding.
,
Bonds
much lower.
COURSE or OOLD IN BBrTEMBEE,
Date.
at 4 per cent
Total debt bearing interest In coin
1878.
Debt bearino Istehest is Lawful Moket—
Navy pension fund at 3 per cent
Debt on wincii Int. has ceased since Mattjbitt.
Debt bearino no Intekest —
old demand and legal tender notes
Date.
16.197,429
S2,82«.«0O
1.848,070
3, '63.
Feb. 23, '78.
Gold changed very little during the month, and the Sliver certificates
Aggregate
or
debt
bearlngno
Interest.
market' showed no movement of interest.
Foreign Unclaimea interest
exchange was very heavy, and notwithstanding the imRecapltalatlou.
portation of some considerable amounts of United States
bond.-), amounting possibly to $10,000,000, the nominal
rates for prime bankers' sterling fell off to 4-81| for 60 Debt beakino Intkbest in Coin—
Bonds at 6 per cent
Bv>nd8 at 5 per cent
days and 4-80 for demand, with actual business done
Bonds at i^ per cent
Interest.
$713,494,900
70<,S6«.b!l)
360,000,000
151,590,000
tl7,Ul,:53
1,8:8,261,550
$im,ono
373,5(3
Ccrtiflcates of dei)08lt
Fractional currency
Sum'ay...
Monday
Thursday
lOOX 100^ IO6X lOOX Friday
Tuesday
•M% lOOX lOOX Satura..iy
Wednesday... 4 100>,
lOOX Sunday
Thnrtday
Auurcuay
li OH
u^ ;oo^i]iooH lOO'i .Monday
6 II
..
Friday
6
&aii:ro4y
i
Sunday
g
Monday
fl
Tiles. 'ay
lOiiJj
mx
.,
I'ri.lay
13
Satur-Iay,
\{i{)k
...14
Sunday
lOOXllOJJi ioo«
Sept.,
..
W..li!...day...n lOOh,
TiiiH-day... .la.UIO.H.
IOjx
10O54
lonv
lOOX
ilKl^iflOllSi 100 Ji
IW^
lOOJi' 101
10054 lOO'i 191 3i
lOOK !00>4 100>,
...15
Monday
ioo'i ioojf lo'jj loi^?.Tut'^day
1.0J4 imji iou»4 lOOH
Wfdr,t.?day,..iH
irtOJi inc>j 100 Ji
Thar5d.iy
19
lOUJi lOJX lOoX
t'tniiiv
ai. li;OH IIHIH IIXIX 10O>4
Saturday
.21 icu?,- ICOJi lOOx
18T8
187r
1670
1875
1874
1873
1872
"
"
"
u
my,
"
"
"
m>i
a-j
M.iiid:iy
T.l.'Mlay
.,
..„
23 10014 i6Jk:i6o>i i'oji
.14 10(1 Ji 10(
10.) J< ioo>,-
"
"
%
We<in.-ad»v
VX}i
ma
looK'iaoH
Wi-.tiOX lOOS Since Jan.
1.
lOfi?,'
:04
!ii8)4
10.iJ4'104
iiiiX 109>4ill034 uo'
!ll>4 11334 li;?4ill7>4
lOiX lODH.IlOK 1!0>4
115«
.
110^4 !lir.>4
lllH
.1:3)4 112H IISH 114
1S71 ..|112X 112Ji 115J4
1870 ..lllli-'i 11214
1(169,... IS^JJi :2ft*4 :62>4
1868
144>i ;44>, !45>4
1867
.
14134 Ml
186H
1805
Uia 14^
18S4 .. !M5
I'll
•«IJ4
1S<B ..!l27
J2fiJ4 I43X
1862
116X 124
..)ti
>nii(l(tv
29
30 lOOX 100^ 10034
lOOKillOOJi lOO'i
lOPi^ inrjif loosf
InillXli.
.
...,2« 100 J4 1110 Ji inoj,' lOO'i
27 IOCS 10034 100J4 IIK)>,'
28 lOOX iUOii 10, »i 10J34
8
Certificates of gold deposited
Total debt bearing no Interest
$438,423,195
Unclaimed interest
t,:47
Total
IS2S8.ill,l.35
Total debt, prineipal and Interest, to dale. Including interest due
not presented for payment
Amount
in
«ia,Mtl,jNO
2,811,250,718
.
tub Tbeasuhv—
Currency
Currency held
Ui,«a«.t4$
—
Coin.
i,ti7a,3M
10,000,000
the redemption of fractional currency
Special deposit held for reaemptton of certiflcatea of deposit
as provided by law
f<ir
40,710,000
i:4j4
ll;-i74
129J4
141 !»
143>4
146)4
144
193
141«
}».5.3I8,2I0
t,025.9(B.48S
Total
Debt, less amount In the Treasury, October], 1878. ..
Debt, less amount In the Treasury, September 1, 1878
2,0.9, 10&,0t;O
Decrease of debt during the post month.
Decrease of debt since June 3(!, 1878
Bonds Issued
122)4
lllS'i l0(i>4i:(B;4 10034
»i.l>«,!S<
9.S7-.315
PaclQc Railroad Companies, Interest
Payable In Lavrlnl Illoner-
to the
Inteicst Balance of
Interest
paid br ;rei>;,id byl Int. paid
Amoant
by U. 8.
Ontstand'g. Cultcd St's tr'nsp'l'n
i
I
BANKXIU' STKRLlNa XXCHANOE K>B SBPTEUBEB,
60 days.
8
8 days.
Dt.
60 davs.
Sep.
'4's3i<4ii8i"" 4.8:34'ai.'88i4
.4.8;)!4^i.8i
i-t-iUmH'V,
4.Hl!»ft4.>^.'>/4
•
4.SU4@1.8i>4
4.8Ui(a4.3J34
•
4.RI\J14 S2^
-4
&,4.m)(
&4.»<ii
@4.86>4
1.8834444 87
4.86>4@4 87
S
•
4.813484.6234
4 8«>4-<54.
21. .4.815i®4.S2i,.4
4.«ij,(a4.
4.8«3<'a4.
«2.,
4.86
4.86
4.86
SHi
19.
Kansas Pacitlc
Union Paclllc
4.86!4@4.87
4.86M(a4.87
4.86X^.87
sVi'irJ S2
.4 .«;ua4..tj
A.ni)^(;tii.s-i
.4 81 *i®l
4. ei34 464.82)4
Central Paciflc
4.F6
.4.8134(34 82V
20. .1.8!34 4.t2>4
4.863<ia4.87
.«.813I4®4.8.'>4
4.8134®4.8i
4.8li(®4..'2
.4..^1X^a^.f2
" 27. .4.Sn!k@4.8134
" «. .4.SU3I4®4.S134
" SB.
" 80.. 4.80i!4®4.813<
BuUW... 4.803I4O4.84
'
3 days.
n. .4.8134&4.8234 4.8h34@4.
18. .4.8134 ®4.f,2X
4.!-7'iia4.8Si4
4.87J>(®4.8-('
4.8i.l,a4.!>7
S..
Character of Issue.
1878.
@4.
4.f6V®4
4.85Va4
4.85VM4. 8f.'/4
4.8^54(84, 8t>'.J
4.S5J4@4 en
4.85 J4®4.
4.85Ji®«.S6
4.8:V®4.6834'
Central Branch,
$25,8«M20 $13.f87.011
R,80»,fl0«)|
27,216,512
Union Pacific.
Weflern Hacillc
Sioux City and Pacific
Total
1,600,(100
1,(70.961);
....
l,«M,«ao|
$64.6»t.5U
4,238.133
1«,78<).8»«
l,l>9.«08l
1,077,0*11
975.901
».39.«85.M8.i'
$2.4.VS,4»«
l.J7'.&5I
111.2)8.881
6,184,087
•0.74»,3«7
10.70(,8G»
2,U9.881
l.fl«0,lie»
1,067,7IS
81,0«
8M,;tt
Itt27».181
«a».s95.rai
The Pacltlc Railroad bonds are all Iswied onder the act* of July 1. 1382. and
July2, 1S«4; they are registered bonds In the denomination^ of $I.Oi». »5.W<0
and flO.OOO; bear 6 per cent Interest la corrcucy, payable January 1 and July 1,
and mature 30 yean from their date.
The
followintf ia a comparison of tlie cooditioo of the
1, 1877, and October 1, 1878:.
October
Treasury
.
.
.
:
I
THE OHRONICLE
346
1877.
Carrenc;
Special fund for the redemption of fractioDal
$1,972,593
8,835,468
10,000,000
43,110,000
119,152,045
37,997,500
81,151,543
18,553,150
9,340,447
356.914,932
40,710,000
232,659.646
34.674,670
197,984,978
11,781,950
9,864.310
346,681,016
16,297.429
carrency
silver certificates
Coin, less coin and silver certificates
Ontstanding called bonds
Otlier outstanding coin liabilities
Outstanding legal tenders
Outstanding fractional currency
Outstanding silver coin
Total debt, less cash in Treasury
Eeduction of debt for September
Seduction of debt since July 1
IS,7t-"6,«4a
35,591,276
2,051.537,254
3,882.524
:8, 570,968
465,545,748
603.879.290
IMPORTS AND EXPORTS FOR AUGUST,
Statement, by Customs Districts, showing
1878.
values of merchandise imported into, and exported from, the United States
during the month of August, 1878:
Customs
Imports
Districts.
—
Exports
Dom'tic For'n
.
$
.
$
Bath.
2,111
,216,483
42,416
1,03.3,616
2,221
2^052
Beaufort.NO
I
Boston, Ms.. 3,822,702
Brazos, Tex
Bridget'nN.I
5,
NewYork,NY
1,014
Niagara, N.Y.
Norfolk, Va..
Oregon. Or...
O'gatchie,
s'.ois
Br'l&W'n RI
18i2i)i
131,679
N^
16,172
ailojs
P'quoddy, Me
P. River, Miss
665
Pensacola, F..
P.Amboy, NJ.
Chmpl'n.NY
Charlstn, SC
ai8i929
696
167,191
154,913
Ch'stone, Va
Chicago, 111.
Corpus Chris
85i944
686,'746
O
D
Delaware,
M'h
Dulnlh, Min
Dunkirk NY
Detroit,
i,m
169,892
12,547
143,479
3,432
,003',678
1,664
Erie, Pa....
Ct
P. Riv. Mass
Fernandina.
F. Bay, Me.
483
1,450
2,181
564
4',
T
Genesee.NY
8,127
15,843
George'n.DC
663
930
905
62,777
1,594
22,248
141,369
139,021
224
52,637
2i305
GtEHar,NJ
5A858
68,961
Eennebk,Me
Key West, F
L E Bar, NJ
544,997
3,103
26,518,756 30,913,796 594,568
6,83!l
131,676
4,050
64,096
"'ia
327,783
59,488
58,758
203,743
135,244
7,006
6',298
95,104
"26
126,056
1,410
11,064
14,632
Petersburg.Va
2,003,231
4,283',779
49',968
69,637
6,20i
'
25,3
7,116
3,6o7
4,657
59,29)
608,831
Po'month, NH
Providence.RI
3,842 Pt. Sound, \VT
4,822 Richmond, Va
Me
Harbor, NY
Salem, Mass..
8,345
4,""'
Saluria, Tex..
8,606
San Diego, Cal
3,
726
Sandusky, O.
1,316
22,516
S.Francisco.C 2,111,182 4,139,480
Savannah, Ga
208
65,365
S. Oregon, Or
St.Aug'tine.P
3.207
1,461
303',445
8,204
9',7l6
21,226 Superior,Micb
3,225
7,193
Tap'nock, Va
Teche, La. ..
Vermont, Vt.
878,119
121,490
554
36,769
5,433
45^603
79,084
135,24!
24,602
97i963
Machias, Me
Hardhead,
"b7
M
1,223
111
Miami, Ohio
Mh
270
M'town, Ct.
Milwauk,
Uln'sota, M.
l',768
W
83.469'
The following
1,416
Vicksb'gMiss
632,019
7,115
Wal'boro, Me
Willamette.O.
Wilm'ton, NC
Wiscasset, Me
118,500
51,169
York, Me
Yorktown, Va
I
to
|
of
120
August
Foreign exp'ts.$l,047,493
.Septemier 30, 1878.
-1878.
Month
.,
of
,
Merchandise.
August.
Bxports-Domestic
Foreign
Total
Imports
..
,
8 Mos.
ended
Aug. 31.
Total
Month
of
August.
8 Mos.
ended
Aug.
31.
$41,733,840 $367,868,6H1
981,358
7,615,630
$59,089,48!i $475,63'i,761
$12,719,698 $375,484,261
39,243,046 3)6,532,266
287,137,674
Excess of exports over imports $22,196,220 $188,501,087
Excess of imports over exports
Oold dk Silver (coin <t bullion)
Exports— Domestic
$929,112 815,995,521
Foreign
438,666
5,306,12 J
Imports
$1,367,778
1,041,550
$21,301,843
20,680,860
$3,471,658
$38,951,995
,
Total
short.
3 mos.
Hamburg
Frankfort
....
Antwerp
Amsterdam
Vienna
Genoa
**
short.
8 mos.
. .
"
St.
"
90 days.
Petersburg.
3
mos.
.
BA.TI.
@28.07X
3 mos.
*'
short.
>...
47>iai7K
....
....
....
....
Sept. 17.
Sept. 18.
Sept. 20.
Sept. 19.
60 days.
6 mos.
**
*'
7 11-16</.
1«.
7
ll-16(i.
Sept.
....
. •••
Shanghai
*•
*'
*,«
1«.
15.30
20.47
20.47
20. 4T
ss.st
18.05
117iOa
87.15
short.
*'
46X@47
@23.07>i
51)4 ©SIX
21 1-16®24 3-16
Calcutta
short.
3 mos.
«(
.
_ 30 days.
Hong Kong...
Sept. 20.
S>2a.73
©20.73
25.62X@45.57J<
12.2
©12.3
12.5
©12.10
'*
Alexandra...
New York....
025.35
580.73
25.85
iO.69
20.69
20.69
28.03
88.00
'*
Naples
Madrid
Cadiz
Lisbon
3 mos.
24 27-32
**
96Ji
*->i-^H
i».
18.
end.
Is. 8 3-16<i.
Ss. 9J^d.
«.
i)id.
ie.
$60,457,863 $496,910,404
37,940,815 807,318,034
Excess of exports over Imports $22,516,443 $189,12 ',370
Sxcsse of imports over exports
LFrom our own correspondent.1
London, Saturday, Sept. 21, 1878.
just brought to a close has been one of the quietest
and financial circles known for some time past.
There seems to be some little uneasiness with regard to the meicantile position, but the solvency of no particular house is called
in question. The cause at present in operation which is producing the existing quietness
$1,672,257 $30,766,383
388,526
8,973,660
$2,060,783
1,648.143
$39,740,213
14,276,698
$44,780,481 $415,284,504
40,890,189 350,803,958
borrowing.
Since the
the diminished facility that exists
Bank
cent, loans
The
particulars are given of bills over-due, of bills
securities, do. railway shares and debentures, do. on Credit
Foncier bonds, do. to the State; and the] debtor side is equally
Were our own statement to be equally clear, a great
explicit.
boon would be conferred upon the whole community.
This week's Bank return presents but few changes. Those of
any importance are an increase of £415,536 in the supply of
The amount of
bullion and of £610,681 in the total reserve.
gold sent into the Bank from foreign sources, during the week
embraced in the return, amounted to £466,000, so that coin ia
still wanted for provincial circulation, in connection with the
There is a small increase only
harvest and the holidays.
£34,254 in "other securities," and the other alterations are
—
unimportant.
There has been a'fair demand for short loans during the week,
at about 4^ per cent on the best security but there has been
very little inquiry for discount accomodation, and the rates of
discount have had a downward tendency. The supply of mercantile paper is very limited, and it seems as if the long-expected
;
$64,415,546
in trade
would never take
The
place.
greatest
every department, which is to be
attributed to the uncertainties about money as well as politics.
Merchants are evidently disinclined to incur any; unusual risks,
and the probability is that there will be cautious trading during
caution
ia
observable
the remainder of
in
the year.
The following
are
the present
quotations for money:
Per cent.
Bank rate
Open-market rates:
30 and 60 days' biUa
3 months' bills
The
$3,390,898
is
rate has been raised to 5 pel
which had been granted upon the security of Indian
and Colonial government stocks have been freely called in, the
Bank of England showing an unwillingness to renew them except
on somewhat onerous terms.
The market for those securities
has, in consequence, been depressed, and, with the exception
of Canadian bonds, the decline in prices has been heavy
and it is still in progress. The prices quoted in the
official list are wide, and they have led to some dissatisfaction
amongst holders. In fact, so large an amount has been placed
upon the market of late that dealers are unwilling to take any
considerable amounts, and hence much weakness is apparent.
We now perceive how the total of " other securities " has been
maintained at a high point, notwithstanding the well-known
scarcity of commercial paper.
A very large proportion of it
represents loans on securities, and it would certainly be a guide
to the public, if a distinction were made between discounts and
loans.
The Bank of France has always set a good example in
for
improvement
Excess of exporte over imports
$320,228
$621,833
$418,640 $85,463,551
Excess of imports over exports
Total Merchandise and Specie.
Exports—Domestic
$58,971,104 $488,187,021 $43,410,597 $898,635,014
Foreign
1,486,159
14,813,383
1,369,364
16,589,490
Imports
Tnra.
—
1877.-
.
$53,041,992 $486,131.50)
1,047.493
9,507,261
36,893,265
KiiTB.
discounted, advances on deposits of bullion, do. of French public
Comparative statement of the imports and exports of the
United States for the month ended August 31, 1878, and for the
eight months ended the same, compared with like data for
the corresponding periods of the year immediately preceding:
BPECiB VAUTBS.— (Swrecfed
Paris
Berlin
this respect.
'766
month
are the totals for the
Domestic exports. $58,309, 171
Specie value of domestic exports, $58,041,992.
Iinport8...f36,893,265
EXCHANGE ON LONDON.
LATIST
SATB.
in commercial
Stonington Ct
Huron, Mich
[
81.
Tm.
OK—
The week
518
16,671
648,126
St. John's, F..
St.Mark's, F..
39 St.Mary's, Ga
George'n,8 C
Glotf ter, Ms
Mic'gan,
Domestic For'n
$
$
S.
Fairfleld,
SEPTEMBER
—
Philadelphia.
506 Plymouth, Ms
Portland, Me..
Saco,
EastDist,Md
Edgart'n,Ms
Galvest'n,
Exports.-
.
3,140
Pamlico, NC,
P del Norte, T
9i59i
Cnstlne, Me.
Cuyahoga,
NY
NY
Oswego,
Brunsw'kGa
Buff Crk,NY
Burl'ton, NJ
CVlnc't,
$
N Bedford, Ms
Nbaryport,Ms
Nw Haven, Ct
N London, Ct
N Orleans, La
70,505
075,367
aZCHANOB AT LONDON—
Bomosy
Newport, R.I.
SC
Me.
Belfast,
4,391
RATES OF BXCHINGB AT LOEfOON AND ON LONDON
AT I.ATB8T nATBS.
15,660
Nantucket,M8
Natchez, Miss
Newark, NJ..
2S3
Me
Beaufort,
Imports.
Mobile, Ala...
Montana, &c.
Al'mrle, NC.
Al'xdria.Va.
An'polis, Md
Ap'chcola, P
.
tlie
Districts.
$
Alaska, A.T.
Aroost'k.Me
Baltimore
Bangor, Me.
B'stable, U's
Customs
Vol- XXVII.
39.43-',351
2,025,908,485
3.196.531
9,878,345
1(0-37
430,855.017
720,484,171
103U
Market value of gold
Imports (12 months ending Angnst 31)
Exports (13 months ending August 31)
I
Pl0ttetargg®0mmiet;x:iatgtx0tisfelicws
1878.
$14,306,417
Special deposit of legal tenders for redemption of certlflcates of deposit
Coin
Coin and
:
.
5
1
|
I
iHi!t*'/i
*ii&i}i
Open-market rates
4 months' bank bills
6 months' bank bills
4 and 6 months' trade
Per cent.
iiiStiH
i)i&iH
bills.
4X@:^
I
rates of interest allowed by the joint-stock
count houses for deposits are subjoined:
banks and
dis-
—
:
.
OCTOBKB
5.
.
THE CHRONICLE.
1878.J
347
Pweeilt
and out of erary 803,000 on* waa woondad. On 8wlw milwayi
the proportion oi killed and woonded to every million trav*!*\ ers was 08 In 1874; 0-M In 1870, and 088 In 1878. If th«M
*k
figures are trustworthy, and they seem to have bam eompllad
of the
with much care. It would seem that railway traveling In England
*
JolnttlocKb«nlt».....
Dlieonnthoo«ei»t
*
call
Dl«eouiit noanos with 7 d«jr«' notice
DlKOunt houBO* with
14 day«' notice
a statement showing: the present position
Annexed
Bank of England, the Bank rate of discount, the price of Consols,
the average quotation for English wheat, the price of Middling
Upland cotton, of No. 40's Mule twist— fair second quality, and
la
the Bankers' Clearing House return, compared with the four
previous years:
m
GoTemmentsecurlUes.
Other secnrllles
Reserve of notes and
TOln
1878.
£
£
37.814,874
4,879,818
33,834.951
14,131,098
19,684,015
!6,»S8,1I)9
I3,;64,081
17,981,957
«,547,144
13,555.140
i:,8IM,98J
11,891,959
14,788,809
31,346,069
11,899,401
11.738,005
37,984,033
2 p. c.
35.017,529
34,483,679
33,485.8:5
5 D. c
. .
«8.I30,068
6,06»,»93
3 p.
6.3-
48a.
46«. 6d.
Hid. Upland coiton... 7 15-16d.
No. 40'8 male twlst,rair
Is. 0X<1(dqoallty
Clearing Hoose return. 103, 133.000
3p.
c.
96H
to liabilities
Bnglish wheat, av. price
1877.
£
18,386,035
13.683.539
17,007.038
Coin and balllon in
23,315,964
both departmenu
8p. c.
Bank-rate
Consols
93H
Propori'on of reserve
.
£
»8,1<4,078
6,591,884
38,381,981
15,339,155
16,015,085
5,';30,5:k
Public deposits
Other deposits
1876.
1975.
1574.
£
Clrcnlitloo, ladadlng
.! 86,436,
bink po»l bills
46s.
7(1.
11
lid.
86.835,(00
S0,3'i0,056
c.
95X
95X
43-36
46-"7
598. Od.
634 d.
lid.
6Xd.
6 13-16d.
4,581,888
"iH
10«d.
loyd.
93.429,000
99,583,000
lOd.
«;,953.000
The imports of gold from the Continent continue, but upon a
diminished scale. There is, however, no export demand, and the
On
Tesnlt is thjit the bulk of the supply is sent into the Bank.
attended with greater risk than in almost any other part of
Europe.
Is
The
public sales of Colonial wool are
still
In
Up
progma.
to
have been cataloirued, of which 18/)00
bales have been withdrawn. 116,000 bales have yet to be offered,
but the market Is firm In tone. Political aflaira have exerted an
adverse influence upon the market, the tardy manner In which
the Tnrkish Qovernment has b««n carrying oat the tanns of tha
Berlin Treaty, and the dispute with Oreece respecting tb«
rectification of the frontier, having led to aome apprehensiona
about the future. The fact, however, that Turkey Is too much
exhausted to quarrel with Greece, and defy Enropa, la favorable
more especially aa the Qreat Powers are fully conto peace
vinced that Europe requires a long period of repose. Theaa
uncertainties regarding European politlos, and the anxiety which
this date, 224,000 bales
;
is felt
with regard to the result of the delicate mission of tha
sufflcirnt to induea
Indian Oovernment to Cabul, are quite
merchants to trade with caution.
stock markets during the week have been exceedingly
and prices have had a downward tendency. The attendance in the city at this season of the year is usually meagre, but
Monday week about £500,000 are due from Australia. The silver it has been remarkably limited during the last week. Investmarket continues very dull, and the price of fine bars is only ment business has been npon a small scale, and there has been
very little inducement shown to speculate. The principal
Slid, per ounce. The demand is chiefly for the Continent, the
fluctuations have been in Egyptian stocks, respecting which there
very
limited
scale.
being
upon
a
This
East
the
for
inquiry
Although the more general belief
is some difference of opinion.
week's steamer for the East has taken out only £79,800 to is that, with judicious management and with patience, a balancBombay. The price of Mexican dollars has declined to 50|d. per ing of income and expenditure will be practicable, prices do not
onnce.
The following
are the present prices of bullion
OOLD.
per oz. standard.
per oz. standard.
per oz., nominal.
peroz.
peroz.
peroz.
BarGold.flne
Bar Gold, reflnable
ispanish Doubloons
South .American Doubloons
tinited States Gold Coin
German gold coin
improve.
:
B.
d.
77
77
74
73
,6
76
9
8II.VSR.
a
10)4®
6
9
d.
B.
....
....
® 74
®73
3«®
SXdt
9
10
....
....
d.
IX
St.
BmBsels
3«
3!^
3)i
3J,®3>i
Vienna and Trieste...
Trieste.
Madrid.Cadizand
Bar-
Amsterdam
Berlin
.
5
5
.
Lisbon and Oporto
5
8>»®3X NewYork
Calcutta
8X
Genoa
5
4>tf
Copenhagen
Geneva.
4
4
5
Frankfort.
Leipzig
The Annalea
des Fonts
et CTiaussees
mark't.
p.
6®7
6a7
a®!
celona
S)t®3)«
Hamburg
It
but
can
it
la
evident that there Is not entire confidence in such a result, though
Illinois Central
it is admitted that ultimately success is certain.
shares have recovered to some extent from the depression which
prevailed a few days ago, in consequence of the epidemic In the
Southern States but the American market has been generally
quarter.
rate,
p. c.
Petersburg
3
full;
iH&*><l
Bank Open
Pans
prices, if
i)i
:
p. c.
obtainable at 75:
4H@5
....
©....
The price obtained was Is. 7fd. the rupee on
Bombay, and Is. 7 ll-16d. on Calcutta.
Annexed are the cnrrent rates of discount at the principal
foreign markets
mark't.
is
6
....
....
000 to Bombay.
rate,
p. c
5 per cent guaranteed stock
quiet, without much fluctuation in prices.
"The large supplies of grain offering have caused the wheat
trade to rule extremely dull, and, in order to effect sales, holdera
have been compelled to submit to a further reduction in prices.
Our imports are now upon a scale exceeding our requirements
and stocks here are accumulating. There appears now to be so
small a margin of profit upon the shipment of wheat from
America that a considerable diminution in the export is fully
English farmers are marketing fair supplies, but,
anticipated.
as the trade is just now much depressed, many of them are holding their wheat, and are marketing their barley. Good barley,
suited to the requirements of maltsters, will command remunerative prices during the season, aa there is a scarcity of really
sound and even-colored produce, not only in this country, but
also on the Continent. Choice parcels are selling at 50j. per
@
@
a
£350,000 in India Council bills were again offered at the Bank
England on Wednesday, £250,000 being to Calcutta and £100,-
Bank Open
The
and the 6 per cent unified at 56^. These are low
be proved that Egypt can pay her creditors in
;
d.
peroz. standard, fla*. 5H4
peroz. standard. 51%
grs. Gold
peroz., flat. 50«
peroz.
..
Quicksilver, £6 17e. 6d.Q£7 Os. Od. Discount. 3 per cent.
Bar Silver, flue
Bar Silver, con'ng 5
Mexican Dollars
Five Franc Pieces
of
The
quiet,
4
4®43^
4®4>i
has just published an inter-
According to the official return, the sales of home-grown wheat
in the 150 principal markets of England and Wales, during the
week ended Sept. 14, amounted to 52,591 quarters, against 49,084
quarters last year; and it is estimated that in the whole Kingdom
Since
they were 210,400 quarters, against 106,400 quarters.
harvest, the sales in the 150 principal markets have been 141,450
while it is computed that
quarters, against 105,376 quarters
they have lieen in the whole Kingdom 565,700 quarters, against
421,500 quarters in 1877. Without reckoning the supplies furnished ex-granary, it is estimated that the following quantities of
wheat and flour have been placed upon the Britlah marketa sine*
;
on the relative number of accidents by rail and road,
and some elaborate statistics showing the proportion of accidents
From the
to railway travelers in various European countries.
figures adduced, it appears that there is no comparison between
esting study
and railways in the matter of safety. In France, in
pre-railway times, there was one traveler killed to every 335,000
whereas, out of
carried, and of every 38,000 one was wounded
1,781,403,678 passengers who traveled on the railways of France
between September, 1835, and December, 1875, only one to every
5,178,890 was Killed, while the proportion of wounded during the
lame period was one to 580,450. If the accidents on French railways are divided into two groups, corresponding respectively to
the periods between September 7, 1835, and December 31, 1854,
and between January 1, 1855, and December 31, 1875, we have the
following results First period, one traveler killed in 1,955,555
Second period (the 20
carritd to 496,555 carried, one wounded.
years ending 1875), one passenger out of 6,171, 117killed; one out
The tendency of railway accidents
of every 590,485 wounded.
in France is, however, towards diminution, a« an analysis of those
The proportion of
of 1872, 1873, 1874 and 1875 plainly shows.
killed during the years in question was one passenger to every
On the
46,278,270 carried, and one wounded to 1,024,360 carried.
railways of Belgium the proportion between 1872 and 1875 of
killed to carried was one to 20,000,000 of wounded, one to 500,During the same period— from 1872 to 1875 there was
000.
killed on English railways one passenger out of every 12,000,000,
harvest
diligences
;
;
—
1875.
cwt.
cwt.
cwt.
3,388,340
1M8.45J
'"^?2I
'"
n8,5»4
3,451,400
*
3,737.593
8S5.53S
1,880,000
3,648.«)0
3W3.7J4
3.041,500
5,915,445
16S,4»I
4,873,139
108,571
5,313,134
7,381. «37
61, 353
14,C3t
Res.lt
*%^*?'*?
Aver, price of Ens. wheat for season 45*. 4d.
4,764,7«
5.151.:8J
7,387,059
60e. «d.
4a«.cd.
48s. lOd.
Sales of
home-grown prodoce.
Total
Kzportsef wheatfandfloar....
.
.
show the Imports and exporta of eeraal
Uiree
produce into and from the United Kingdom during the nrat
weeks of the present season, compared with the comaponding
The following
figures
period in the three previous years:
mPOBTS.
;
—
1878.
cwt.
:
—
1877.
ISiS.
3,119.708
Imports of wheat
Imports of flour
Wheat
cwt.
Bailev
Oats..
l^OESS
Peas
Beans
1I9ȣ83
IndUnCom
*'!!2'2!
818,337
Plour
Wheat
Barlaj
OaU
Peas
Beans
,
Indian Oora
nour
I8T8.
3,149,7(8
5;9,i90
»ra.»io
1877.
3,;37,5<'S
368,333
1,009.160
38,163
314.309
t4St,15*
385,536
187«.
3,338,340
875,870
810,571
63,081
8I7.S79
8,1(«,538
838,594
tin.
4.94t,<a
388,181
918,064
44,*«
17«,881
1,487,883
338,
7M
n.
CWV
158,594
4,748
569
1,094
81t
U»
13.970
9,310
t,igs
106,853
1,943
8.-0S
66,4S«
1.007
3.X1S
610
815
358
1«8
»1
9,19*
14,631
t,TlB
48,110
:
—
;
THE CHRONICLE
348
Ueports— Per Cable.
B»2ll«ii .riaricet
sammarr
London Money and Stoik Market. — The
Sept. 2-3— Str. City of
Sept
Sept. 38.
Oct.
30.
Oct.
1.
Oct.
9.
SIX
9I>4
93;i
94
9tH
93%
94K
Oct.
0.9.69(5-908) 1S67....K!7«
lUlii
108
lu"Ji
lOHi
l(8)f
10S=1£
108:;i
lOSX
lOSX
108J,'
1C8V
105%
103K
lOSX
1(««
106
13JJ
84
lOti.H'
lOS
)057i
1I'5,H
....
....
83
Penneylvania
35!^
ISti
AReadiug
Liverpool Cotton Markit.
llJt
18«
1
81%
SSJSi
8i;i
Is)^
S3
3)%
S5X
fS
3i
lti>i
1«
15^
— See special report on
—
LivsTfOol Breadttu-ffs Market.
Sat.
Men.
d.
rirar(extra State).. ..*bb'. 25 6
8.
d
85
6
8.
97
84
83
—
Mon.
Sat.
d.
8.
Pork, Western mesp.Vbb!.
Bacoa, longcri-,new.S cwt
Bacon, short cl'r.cew "
Beef, prime mess
V te
L'ird, prime West.. ^ cwt.
"
Cheese, Am. choice.
38
....
67
35
43
9
Hon.
d.
38 S
83
49
"
d.
d.
38
23
3^
23
,0
10
10
49
Kosin, fine
"
10
ferroien,!!, refined. ...11 ga'.
8%
Petroleum, spirits
"
TuoB.
a.
8.
8.
c!>mmou
8.
31
38
t.7
6"
44
36
45
fi
96
93
99
3
La.guiyra
Amer. cold
Foreign gold
Gold dust
Amer. gold
24— Bark Jane Adeline
2E— Str. City of Mexico
26— Sir. Caroadi'let
iS— Str. City of Para
8.
a.
23
49
1,
10
silver
15,078,9)3
d.
tS,25C,4;5
4,867,565 1868
6,421,129 18 i7
4,U74.00J|
6,t!0!,74l
I
I
8.859,754
14.565.489
I
2,614,984
10
10
transactioaa for the
week
Since Jan.!
Receipts.
$213,713 45
393,38,- 29
3,830,316 54
431,72; «i
780 00! 41
3,035.263 40
;341.000
4
Tota'.
t2,138,0J0
,
$911,813
1,313,730
443.163
4.6,3:i6
4Wi,I51 18
70J,700 01
$3,633.8.51 10
$4,301,019
The
following
from the port of
ia
49
Balance, Sept. 27
118,071,413 41
45,331.635 72
Bjlanco, Oct.
123,903 393 64
44,249,555 53
4
—
S. LEG.ii,
Legal- Teniler Notes.—
Deposited in Trea-ury under act of June
Total
857,913,630
1862,395,333
t820.8rO,8S9
1849,400,512
to foreign ports for the
1875.
1873.
|4,lon,2')4
»5,.V50 475
181,909,808
$136,009,196
1,438,930
Boston
6,691,0li0
2,861.000
6,098,000
Philadelphia
Cincinnati
1,133.000
4,171.000
6,571.000
730,000
56,000
7:i5,000
6,4(X),000
205.1100
4,:i9U,000
3,539,000
$82,786,000
$16,413,000
$13,380,000
20r,0O7,852
1,108,317
238,439,709
2,123,171
233,659,646
1,973,593
lo.ooo.ono
45,631,030
10,000,000
41,017,8)0
10,010,000
34,674,670
1878.
198,0i9,194
$197,579,639
$309,561,156
$851,444,403
1878, with the corresponding
London
Mex. silver dots .
French coin.
..
Amer. silver bars.
Amer, silver liars.
Mex. eilvir uols..
.
Mverpcol
London
Liverpool
1878 ($4,841,933 silver,
i
Same
$23, 56-2, 19 1871
4n.39i.l89 1870
63.441,417 11869.
43.356,6 rt 1S68
48,871.859 11867
60,0r6,809 I 1856
.•
I
I
I
and
$30,000
J,050
15.>.00
32.000
41,8(7
$121,547
10,4K3,5a5
$5,763,140 gold)....$I0,6J6,072
time
refrac-
tional currency....
silver certificates outstanding
pissed
$.349,891,18J
....
bank notes issued from June
30, 1874, to .Jan,
14.1375.....
t7.0ti4,816
851,37ii,5S9
1,
—
The foilowicg is the statement of the Comptroller, showing
the issue and retirement of national bank notes and legal-tender
notes, under the Acta of June 20, 1874, and January 14, 1875, to
October 1, 1873:
National bank notes outstanding when Act of June 20, 137 1, was
Nati<inal
show the exports of specie from the port of
week ending Sept. 23, 1878, and also a com-
Same time In—
t«»
l,4i2,9.M
9,372.000
Coin and
week ending
1877.
Total for the week (812"., 547 silver, and
gold)
Previoasly reported ($ 1,720,335 silver, and $5,763, 1 lO gold)
1877
1676
1875
iSli
1873
1,432,120
demption of
88,77iC24
203.78^532
Paris
1,
9,986,407
XewYork
Chicigo
Miscellaneous
$214,713,878
totals for several previous years
Total since Jan.
334,900
164,700
10,292,653
10,939,217
Treasury Movements.
Balance in Treasnry-Coin
Currency
Currency held for
will
Bept. 86- Str. City of Bm88el.=
Sept. 23— Str. Slain
Sept, 28— Str. Germanic
4,643.1)00
80,
Gild
Notes received for redemption from-
a statement of the exports (exclusive of specie)
26— Str. Pommerania
1:3,853,400
,
later.
parison of the total since Jan.
Sept.
349,,5iiO,B.50
13,860,400
—
I
for the
Sept. 31.
$5,056,800
Retired nndcr act of .lannary 14, 1873
35,.3'lS,9'i4
86.318,934
.35,31-',9S4
Total retired niider that act to date
Total amount of greenbacks outstanding. :343,631,016 316,0^1,016 346,681,016
Na'ionat Bink CirculatUm.
607,910
&S0,64O
S44,910
New circulation issued
917,';43
911,,5H7
1,435.685
Circulation retired
Total circulation outstanding—Currency... 332.474,4:i9 322,01 fi.2 13 321,694,799
.
The following
31.
deposit. Including liquidating
banks
3.766,477
XXPOBTB FBOK NCW YOBK FOB TBK WEEK.
New York
Knz
$6.8 5,500
«,61-.950
349 019,4=0
758,890
now on
Total
$5,1S8,185
214,802,057
New York
1
04
867,313 14
$8,351,870 97 } 5,88:3,099 52
V.S. lionds heCd as security from Nat. B'ks.— July 31.
8(,:390,4nO
for circulation deposited
5.tiS3.9 lO
for circulaiion withdrawn
.348,88,1900
circulation
held
f^.r
Total
13,906,400
Bonds held as security for deposits
1877.
Oct. 1:
SinceJan.
74:.645 55
l,076,f.41
AT HISW TORK FOB TBI WEEK.
$5,489,261
ai5,371,0i8
Previously reported....
t730,461 31
1,514.622 98
916,313 20
Tf,ndsus .\nd National Bank Note ?. From
the Comptroller of tlie Currency, Hon. John Jay Kuox, we have
the foUowinjr statement of the currency movements and Treasury
balances for three months past
— The
};4.9S.1,803
Portheweet
:33
Currency,
C,jln.
$370,8-3 94
221.9!1 32
410,134 57
1,101,3>7 73
413,355 5)
401, 0u7 83
05
53
40
22
Bonds
Bonds
tl,43«,')('8
week
-Payments.
r
Currency.
Coin.
$813,000
4S6,000
aos.ooo
416,000
684,000
IT.
In our report of the dry goods trade will be found the imports
of dry goods for one
Sub-Treasury havcS been
at the
li
.
1876.
$1,406,531
4 098,740
Total for the week.
Previously rej orted ....
and S5.03n,199 gold)..? 15,387,207
Same time in —
il.644,8 19
'<
d.
e.
88
23
1875.
88,033,861
8,949,348
General merchandise...
|3:4,2S9
1871
1870
1869
4,H5;'!.iih7
Sept. 23
•
30
1
Oct.
2
3
imoorts of
last week, compared with those of the preceding week, sliow a
decrease in dry ;^oods and an increase in (jeneral mercbandise.
The total imports were ?5,o50,3S0, aj^ainst f5,652,038 the preceding week and f5,410,340 two weeks previous. The exports
for the week ended Oct. 1 amounted to $7,064,816, against
17,543,295 last week and ^7,799,540 the previous week.
The
following are the imports at New York tor week ending (foj
dry goods) Sept, 26 and for the week ending (for general
meroh&ndisel Sept. 27:
Dry goods
Amer.
$-2!B.:509
1874
rOREISII IMPOBTS
810
Foreign gild
and
and
silver,
silver,
l,6<-2
1,0«0
.
For. ign silver.
Thomas
I
,
^omincxci^X mxA ^Xi$ccUmuoxx$ i%cvo5.
Imports and Expobts fob thk Webk.
3
300
6.088
gold)
$!,S4.l,sa0 gold)....
lampico
1873 ($10,301,003 eilver,
Customs.
eti.
38
83
49
silver.. .
g')Id ...
silver.. .
5,100
21,454
1.510
2,400
6,800
Havniia
St.
Jll.e95,63i
S
9
48
81
38
67
35
45
il
d.
1,655
18
500,000
,
as follows:
Fri
d.
o.
..
Amer.
Amer.
Amer.
The
9
10
24
28
Tour.
d.
3,600
5,020
65.81.1
8 10
Wed.
88
49
Aapiuwall
1977
1876
1875
1874
1873
1872
d.
85
48
48
81
Si
36
6
84— Str. Acapuico
Srpt.
Sept.
Sept.
Sept.
—
Sat.
Tallow, prime City..* cwt.
"
Siilrlts tarpentlne
67
36
44
C7
36
41
Liverpool Produce Market.
Ki>8H-,
31
$1,590
.
bilver bar*.
Fn.
8.
Thar.
d.
B.
48
....
3
Wed.
d.
8.
48
lu
2)
21
23
Tues.
d.
8.
48
10
84
d.
96
93
8 11
91
99
11
3
Atpinwall
Sept.
Total since Jan.
55
96
93
8
91
99
10
.
Scjjt.
Total for the week («7<,a6l
Prevlonsly reported ($;o,2i8,048
Thar.
8.
85
96
93
8 11
91
99
93
90
Foreign ti.ver.
Araer.goH....
Same time in
d.
a.
25
Wbeat,8pnnff.No.lS10i lb
97
"
do .\o.«
9 3
do
do
wiBter W. new '•
8 19
8 10
do
Southern, new. "
do Av. Uai. white.. "
99 99
do Cal. clnb.
10
.. "
10
Corn, mlied soft, old, * qr. 84 3
21 3
"
do prime, new
88 9
2i 9
Liverpool Provirions Market.
90
d.
silver...
Ilamiltan
Liverpool
cotton.
Wed.
Toes.
B.
14
Amer
Amer. yold ...
Amer. ellver...
4.
61>,'
O.S. 10-408
U. S. 58 0flS81
U. 8. 4X8 of 1891
stock
lUinoie Central
N. Y. Ceiitr.il
Laguayra
Vera Cruz
23— Str. Canima
83— Sir. Germanic
83— Str. Andes
Sept.
Sept.
94 3-".6
94 l-W
liny,
ICSii
IDS
Eriecom
..
Pore'.gu t iiver
Forei;>o gold...
Pii.
3.
61>i
9-I«
51
Meiida
Bank
bullion in the
of England has decreased £76,000 during the week.
Tne».
Wed.
Thar.
Men.
Sat.
XXV II,
:
23— Str. Hadji
Sep*.
the following
SUver,percz
61^
d. 51K
ConsoiB for mouey.. 94 13-16 9I\
"
acconnt.. 94 13-16 94ai
[Vol.
The imports of specie at this port during the same periods have
been as follows
Theiaily aloslngqaotationsinthe markets of Loudon and Liverpool for the past week, as reported by cable, are snown in
rtila
:
in—
$58,802, •'29
60.032.8J6
a6.98:J,0 6
66,336,537
48.449,813
.
53,915,583
$4,7,34,500
National bank notes redeemed and retired between
samedates
2,767,832
National bank notes increase from June
Nationalbmk notes ontstanding Jan.
20, 1674, to
14,
Jan.
14, 1375.
1875...
1,967,263
$:351,861.450
Niiilonal bank notes redeemed and retired from Jan.
$70,266,6 3
11, 1375, to date
9,540,368
National bank notes surrendered between same dates.
Total redeemed and surrendered
National bank notes issued b-Uween same dates
Decrease from Jan.
14, 1876, to
$: 9 306,911
4ii,64J,"i80
30,166,651
dite
National bank notes outstanding at date
Greenbacks on deposit in the Treasury June 20, 1874, to retire
notes of insolvent and liquiilating b I 'kfl
Greenbacks deposited firum Juue 20,1874, to date, to retire natioual banknotes
$ 321,6 9 4,799
t3,8I3,WS
„„„,.„
9,206,001
1
$^3,030,83*
Total deposits
Circulation redeemed by Treasurer between same dates without
73,033,li7»
rc-issae
_$9,j8M0I
Greenbacks on deposit at date
Greenbacks retired under act of January
Greenbacks outstanditg at date
14, 1875
«*'X'
oa^'n?K
$,4b,b31,0i»
1
OCTOBCH
;
.
.
THE
3, 1878.
.
.
349
is made payable In coin; »ad |5,5M,000 of Pacific
Railroad currency 6s.
Closing prices at the N. Y, Board have bo«n as follows:
Interodt
NatloosI BtDks organized durioi; tho paat week.
DIVIDBNDB.
The rollowtni dWIdenda htrs rocsnllr bo«b asooaneed
Pin
Whir Books Olorkd.
Cent. Patabls. (Uaya InclaaWe.)
NlHX OF COXTANT.
Rallroade.
l'nlt«d Ni'w.'iT''<'y
Nuhvlllt' (
Hloiix City
Vermont
li.'ilinn'
it I'aciilc,
Jt
Oct. 10.
Oct. 1
Oct. I.
Oct. 7.
((iiiar.)
oxn
A St
Lonls
.
px'f
.MiisFnrhiisrlis
Oct. 10.
Oct. 1 to Oct.
Oct
Oct. 4 to Oct.
Ineurauce.
Jforlh KiTCT
6
FKIDAY, OCT.
10.
10-408
Intenxtt Beiit.
Pario<l
"^
Oct.
Oet.
Oet.
Ort,
1.
3.
8.
4.
A J 107
J. 107^
A J KrA J.
A J.
& J lo.,.i
& J. 107
A J. •107>8
M.& 8. •lOft'gl
M. A 8.' 106
107»8
107% 107 «| la7'V107%
1078, 107 »« 'I07V 107H
J.
J.
J.
J.
J.
J.
J.
J.
coup.
"Hi
1,
5s, fund., 1881...reK.iC).-Kol>
58, fund.. 1881.. ooup.t.-Ki.h.
ihiK, 1891
roK.k .-Mar.
coup, t, .-.Mar.
4'a8, 1891
48, 1 907
roif I -Jan
4s, 1907
coup.'t .-Jan.
Oa,our'ey, '95-99 roK.lj. A J.
*
TUIs
The Bank of England statement on Thursday showed a
decrease for the week in specie of .€76,000, tho percentage of
reserve to liabilities being 40f per cent, against 49 per cent the
previous week.
The last statement of the New York Pity Clearing House banks,
Issued l?'ept. 28, showed a decrease of $3,737,900 in the exce.ss
above their 2) per cent legal reserve, the wliole of such excess
being |9,797,300, against |12,53.5,300 the previous week.
The following table shows the changes from the previous week
am' a comparison with the two preceding years.
1878.
Differ'nces fr'fn
1877.
1876.
Sept. 28.
previous week.
Sept. 29.
Sept 30.
LtmnRanddis. $2i6,32-2.-)()mno
f'lreuliitioii ..
Net
rtei>i>.sit8
liOgiil
.
tenders.
$945,100 $241,847,«00 $262,128,900
16,463,200
1.S.199,(>00 Dee.
123,200|
16,652,300
19.IJ17.S00 Inc.
1.500
15.724,100
216,332,000 Deo.
972,000 200.771,200
•15,680,700 Deo. 2,857,700
41,975,500
11,617,200
227,582,.')00
56,755,200
We
are indebted to Mr. Camp, Manager of the Clearing House,
for the following quarterly statements of the State banks of the
City of
York, on the 31st day of September, 1878:
New
STATE B.ANKS.
Juno
LittbUilies.
Capital
...
Ket protltfi
Circiiliitioii
l>uo liiiuks.
Due
d.-piisitors
Vupaid dividends
22, '78.
Sept. 21, '78.
Comparisons.
Inc.
.$2,400
Deo.
293,000
$12,272,800
4,675,K00
25,300
4,958,700
28,108,700
59,700
$12,275,200
4,381,900
25,300
4,644,700 Dec.
29.002,600 Ino.
118,900 Inc.
314,000
593,900
59,200
$50,401,000
$50,448,600
Ino.
$47,600
$31,969,200
3.894,200
$31,531,100 Dec. $438,100
4,665,900 Inc.
771,700
2,668,000 Deo.
84,100
1,512,300 Inc.
5.500
169,300 Dec.
86,000
2,629,700 Ino ] ,300,600
7,249.800 Dee. 1,434,700
22,500 Inc.
12,700
•lorj
;
'7'l
-lOT'i
lllf.'^ •Klli
Icp
io«>8J loe^] 'lOll
lO.lTnf lo.'i'^i lo(!
105-h' 1"
105'.
lor,
I03"H( lo::
I
I
1031.i
10:i
119',
.
less the financial
practical effects of this important failure there is little to be said,
except that it is reported to have been caused by enormous advance.s on merchandise, and that it will not probably lead to the
enibarra.s.'sment of other banks, but that the disaster will be limited to those mercantile houses to whom advances had been made.
;i In our local money market, rates have been somewhat higher,
and even on government bonds as collateral 3 per cent for call
loans has been paid, the general rate on stock collaterals being 3
(S5 per cent, with exceptions at higher rates on Wednesday.
Prime commercial paper has been in small supply and selling "at
H@<i per cent, running from 00 days to four months.
SjH'cie
100^
lOSl.
'1
'7
:
I
10o:U
1(K>7„I x»9''h
ll«'iil'119"a'*ll9'a
lOO
!P
I
119'a:*I
1
tho price bid; no~>a/e wim miulo ut the llimrd.
range in prices since Jan. 1, 1878, and tho amoun
la
markets
The
of the world, was the suspension of the City of Glasgow Bank
with liabilities of about f 50.000,000. As to the immediate and class of bonds outstanding
taat pvent of the
107 s.
.Ii
'
18TS-S P. PI.
The Money Market and Financial Sltnatlon. —The iinporwcok, affecting more or
C», 1881
r<!(f.
68, 1881
coup.
68,5-2011, 1865...re|».
6«, 5-20H, 1865 .coui>.
68, 5-208,1 807... roK.
6g, B-208, 1867 .coup.
08, .V208, ]868...reK.
68, .V208, 1868 .coup.
58, 10-408
rc(t.
„.
.58,
llaiikN.
Otllattn Nallonul
:
.
(JIIHONKJLK
^hc Sautters^ i^nztiU.
No
—
.
Oct. 1, 1878,
KaiiKc Hinco Jan.
Lowest.
1.
were as follows:
Amount
1878.
Highest
Oct.
69, 1881 ....ep. 10518 Feb. 251110% June 27 $107.067.1 .50
6»,5-2O.s,'0i>.rp.llO2U Jul.V 22 105if)Juno 6'
44,4.59,400
6a, 5-2(i»,'67.ip. nil's Aii^'. 12 1(I8^^ June 27, 110,174.800
6s,.5-20s,'68.01). lOfi-ll Jan.
2 limJune28
16,071,.500
.5s, 10-408. ..cp.|103'sMoll.
l|10U%Jnly 29 144.2H0,800
5.s,fnn(l.,'81.op. 102:H Fob. 25 107''8 July 30; 235,000,800
4ias, 1891 ..op. lOlT, Moh. ri05
Auj{. 17 150.860,7.50
48, 1907.... op. 99% Oet.
3,102% Jan. 9: 103,209,600
e.scur'ncy.rcK.Ill?^ Apr. 5'122'a May 25: 64,623.512
1.
Conpoa.
Registered.
$85,669,200
37,274.750
20(J,4:i9.800
21,:t93.800
.5O.285,.50O
27:i.379,.5.'M)
90.1.30.250
48,'2»0,400
Closing prices of securities in London have been as follows:
Sept' Sept.
20.
U.S. 68, .5-208, 1807
U.S. 5s, 10-409
59 of 1881
4i38of 1891
Range
Oct
27.
4.
ginee Jan. 1, 1978.
Lnwcflt.
Highest.
il07U:iO7-'e 1075x 10514 Jan. 2;i09nBJuno 8
10S>4 IOSI4 108'4 lOlioFob. 25 lll»9Jiily 30
'UH^
108 110338 Moh. 1109% July 9
105% 1057e 105°8|l02'8 Feb. 25I107 "4 July 30
KHU
and Railroad Bonds. —Louisianaa have
State
been the prin bonds showing higher prices, and these in New
Orleans have sold above "iO, and closed here to-day at 74}. It
is stated ihat there is a large rice and sugar crop which must
benefit the state in spite of yellow fever.
South Carolinas are
pretty firm, and Missouri bonds are bought to some extent on St.
Louis orders.
Railroad bonds continue to show activity and prices are strong.
It is remarked that most of tho demand for investments now
has to be supplied by parties already holding, as there are very
few new bonds issued, and hence any considerable demand is
likely to push up prices.
The following securities were sold at auction.
cipal State
Shara.
75 Metropolitan Gosliclit Co..l2i>
60
5 Ix-athcr Manuf'K Nat. Bk..l35Vt
35 Mcroantilo Nat. Bank.... 69'a
72>4 20Geruiaa K.vobango liauk.. U7'4
25 Oerinau Am. Bank
15 Peter Cooper Pii-u lua. Co. 107^
20 Metropolitan Gaslight Co.l25
40 Nat. Butch. A Drov. Bk. 59 13
200 Morcantilo Nat. Bank
lionttn.
$4,000 Troy & BoHton RE. 7
$10,000 City of Cincinnati 6
78
p. 0. gold bonds, 88 and int.
p. c. oonv. bonds
Closing prices ot leading State and Railroad Bonds for two
weeks past, and the range since Jan. 1, 1878. have been as follows
i
|
Totals
Sesaurces.
Loans and disoounts
Other .stoeks,li'd8 and mtgs.
Duo from banks
2,7.52,100
Koal estate
1,,506,800
Cash
255,300
1,329,100
8,684,500
9,800
Itoins
Speiii'
and bank notes.
Legal tcMdors
Ovoidvufts
Totals
$50,401,000
I'ntted States
$50,448,600
47,600
Ino.
Bonds. — Government bonds were only
fairly
and the bank failure at 01a.sgow has had an unsettling
which inclined the foreign bankers here to sell bonds in
anticipation of lower prices in London.
The actual importations,
however, were smaller than in previous weeks. There is a fair
demand for 4 per cents, which has recently been met by the
the dealers, at prices a shade better than the Treasury prio'e.
The Comptroller of the Currency puljlishes the following table,
showing the kinds and amounts of United States bonds held on
the Isl day of October, 1878, to secure the redemption of the ciractive,
effect
Authorb.inj; Act.
l;obniary 8, 1861
July 17 and .\ugust 5, 1861
Maroh
Miiroh
J<Uy
3.
3,
1S63
1 863
Class of Bonds. lutcreat.
18818
18818
ISSls
6
6
6
,5-209
6
6
1S62. and July 2, 1864.. Pociflo Railroad
1X61
lO-lOs
J" y 14, 1S70. and Jan. 20, '71.. Funded 1881s
Joly 14, 1H70, iind Jan. 20, '71.. Kuiulod 18918
July 14, 1870, aud Jan. 20, '71.. Consols of 1907
1,
March
3,
lol"'
Amount.
$2,318,000
34.62:!.0.-|()
••19,-i:!4.!)0((
11.7H7.2.-1"
5
5,.">8 1,000
71,23-«,K50
5
12."i.278,7.50
4>fl
4
49,OW>,050
29,826,800
$319,560,650
All of these
bonds are payable in coin by the terms of the acts
under which they are issue'd, with the exception of $51,312,300
of
per cent bonds.
of Cs of 18S1, which
Of
this latter amount $315,941,0.50 consist
were issued prior to tlie passage of the
Legal Tender act; $11,797,65;) of the S-SOs, which were issued
under the act of March 3, 1865, which law does not specify the
kind of money in which such bonds shall be paid, although the
16»8
Virginia 6s, consol
do
2d series..
do
Dist. of Columbia, 3-658
—
R.^tLKOADS.
Central of N. J. lat oonsol
lat, 6s. Kold..
Pacitlo
Central
Chic. Burl, i Q. oon.sols 7s. ..
Chic. A Northwest, op., gold.
Chio. M.& St. P. cons. s. f.7s..
Chic. R. I. A Pae. 6s, 1917...
Erie lat, 7a, extoudo<l
A M. .8. lat 00ns., op..
Mlchigun Central cou.sol. 78..
IjiVe S.
MorriaAEsscx l8t niort
N. Y. Cent. A Hud. lat. op....
Pltt.s.
Rate of
St.
A
Miss. cons. sink. Id..
Wayne A Chio. Ist.
Ft.
Louis
A Ii-on
Mt. Ist
Range since Jan.
Oct,
4.
Lowest.
1,
m
Union Paelllc lat. 69, gold
sinking fund
do
—
•34
•73
•30 >9
•78
•87
loo's
•lO'si
•;J3%|
1878.
Highest.
85
7414I
74''s! 69% June 8
'103i3;*104i4 102>fl Ang. 23 108
Louisiana consols
Missouri 68, '89 or '90
North Carolina 6s. old
Tennessee 68, old
Ohio
culating notes of the national banks:
Sept.
27.
States.
Feb. II
Jiuie22
Mny25
Moh.
18
Sept.
39 «8
May 14
July 31
Apr. 12
31
85
June 10
*72is
•3014'
•77
•80
106%
114
29
74
Sept.lO
0114 Mch. 4 90 July 11
lOSiisJan. 15 108!>8 Jnne2a
1109 Jan
114 Oct. 4
i'62"' •102141 OlTeJan. 14 10:114 May 31
OS's
05%{ 91% Jan. 5 102% .Mav 25
109>9 109
106 Jan. 5 110% June 23
110 Jan. 7|116i4July 8
115%
112%'l09 Jan. 10 111 SepL26
113
111''8 1131s! 105% Jan.
5|114 Oct. 2
U9 120 1115% Jan. 5 1-20 Apr. 29
no's 110%;il7%Sopt.lO 122 June 26
lomi 1011^1 OS's Fob. 20 102% Juno 27
Fob. 8jl21% JiinelS
1181s 119%;118
103'8 104% 102% Sopt.20|10fl39 .May 24
KM! 'a *106%'lo:i-v Jan. 7|108»h JuneZS
*:>9'9 100 '4 923s Moh. 6110514 July 9
1
was mode at tho Board.
Uaiiroad and Idlsccliancoiia Stocks. The stock market
has been somewhat irregular, and after falling off on Thursday
and this morning, prices were again strong at the close. A
large decrease is reported in the earnings of the St. Paul road for
September, and the officers are commended by the public for
keeping up the reports of earnings, whether an increase or
UnolHcially, a decrease of much
decrease be shown on last year.
less importance is reported in the earnings of the Northwest road.
•
This
is
the price bid : no tale
—
decision against the bondholders in the St. Louis & Iron
Upon the
ca.se put up the stock to UJ, closing at 8i
whole, the undertone of tho stock market appears to be stronfr,
and the general opinion favors the idea that with the largn crops
maintaining
in most parts of the country and a better spirit as to
rates railroad property is likely to have a prosperous future.
The
Mountain
. .
.^
...
daily Ugliest
do
Monday,
Sept. 30.
Tuesday, Wedn'sd'y Thursday,
Oct.
1.
Oct.
8.
111«
,
54'
St. Jo..
.
Michigan Cent
Morris & Essex
N.Y.C. &H. b.
Ohlb & Miss
55l«
65
13%
11%
15
3-Ji
13«
14«
87^ 37^
80!^ 80«
705^
83!^
91
..
14>4
"
69?s
83«
84
113^
113!^113X 113
r%
17)4
•20!^
Pacific Mall....
....
1T>«
8
17*^
I'.H
123ii
18!^ 189i
12iH 120
18M 18»s
86«
OiH 97H V6H
Union Paclflc
68^1
West. Un.Tel.
•lOBM
. .
American Ex..
United States
'
12]
88
81
08
pref.
Illinois Cent..
Adams Exp.
iOhi
7C% 71H
H8
51M 5I«
Del.A H. Canal
Del. Lack. <£W
Erie
Panama
Wabash
4.
115
Pac.
Lake Shore
Oct.
3.
3SJ«
lllJi
89!^
pref.
I. 4s
49Tj
•49
95
13
.
Wells, Fargo..
....
im
60
95
13
»8
107 107!^
49
49
...
50
95
95
QnlcksUver
18
14
ran
33^ as".^
84 '»2H 33% 32;^ SS K
_ do pref.
* These are the prices bid ana a.ske(l no sale was made at tlie Board
t Sales were also made, ex-dividend, at 67%®68io.
116i4®11638.
; Sales, ex-dividend,
:
Total sales this
week and
the range in prices since Jan.
1877,
1,
were as follows:
Sales of
Jan.
1,
Whole year
1878, to date.
1877.
Week.
Shares.
Central o{
N.J
CWc. Burl.& Quincy.
P
Chic. Mil. &St.
do
do
Chicago
do
pref.
& Northw.
do
.
pref.
& Pac.
& Hudson Canal
& Western
Erie
Hannibal & St. Jo.
Chic. Eocklsl.
I)el.
Del. lack.
do
do
pref.
Illinois Central
Lake Shore
Michigan Central
Morris & Essex
N.Y. Cent. & Hud. R.
Ohio & Mississippi..
Pacillc Mail
Panama
Wabash
Union Pacific
Western Union
Adams
Tel.
.
E,xpress
American Express
.
United States E.xp. .
Wells, Fargo & Co...
Quicksilver
do
pref
Total sales of the
St.
Paul.
Sept. 28
22,005
13,385
15,250
14,750
10,400
6,935
..
30..
Oct.
:
[Vol XXVn.
.
Friday,
31H 32
66^ urn
North.
do
Oct.
35
pref.
&
Han. *
do
:
—WeekorMo.
Latest earnings reported. — --Jan. 1
1878.
1877.
and lowest prices have been as follows:
Central of N.J
Chic. Bnrl.& Q.
C. Mil. & St. P.
C. K.
.
to latest date.^
1877.
1878.
Saturday,
Sept. 2S.
Chic.
.
THE CHRONICLE
350
The
:
1
2...
3...
4...
Low. High.
Highest.
Lowest.
5,442 131a Jan. 2 45 14 July 11
1,854 99 14 Feb. 28 114% July 15
27i2Sept. 2 547eJuly 81
82,725
51,498 643iSept. 2 84% July 9
232,385 32i2 Aug. 10 5514 Apr. 17
140.477 59% Feb. 9 7912 July 11
3,930 98% Jan. 15 119i2Juue 7
7,062 45 Jan. 5 59^8 July 10
130,885 4638Mch. 5 617e July 10
25,300
7^ Jan. 5 18% July 31
2,025 10 Feb. 28 16i4Scpt. 5
1,900 21i58 Feb. 28 40 Sept. 5
4,125 7238 Feb. 14 87 July 11
236,033 5573 June 29 69=8 Oct. 2
17,203 58 "a Jan. 3 7258 Apr. 18
3,515 67% Fel>. 28 89 June 10
4,960 1033i Feb. 11 115 Sept. 5
5,800
6% June 29 III4 Apr. 15
15,300
14^8 June21 23^8 Jan. 16
215 112 Jan. 5 131 Feb. 25
21,686 12% June 26 20% Apr. 5
6II4 July 31 73 Mch. 20
12,725
36.032 75 14 Feb. 13 97% Sept. 30
106 !« Sept. 30
127 98 Jan.
183 46 Aug. 2 521a May 8
7 44 Aug. 7 51% Feb. 25
314 82i£ Jan. 7 95 June
150 12 Aug. 21 19% Feb. 25
110 29% Feb. 5 37 Jime 15
week
St.
in leading stocks
Paul North- N'rthw. Del. L.
pref.
west.
& West.
38,800 41,270
30,075 24,100
68,740 27,500
39,300 17,615
31,920 16,875
23,550 13,117
118T8
11
4218
4078 7314
4378
15
37% 69 la
821a 1051a
2513 7412
3078 77
4Sa 15
7
17
IJ-'o
401a
45
35=8
51 14
33 7i
79
73%
85%
7414
921a
IO914
21a
1278
26I4
80
11%
130
59% 73
56
84=8
91 105
43 14 6OI4
36
59%
81
90
13
24
197e 45
Erie.
55,300
19,700
16,250
1 8,635
9,000
12,000
2,050
5,590
1,710
7,3.50
4,735
3,865
Lake
Shore.
47,520
34,800
31,008
33,200
31,505
58,000
Total... 82,725 51,498 232,385:140,477 130,885 25,300 236,033
Vholestock. 154,042 122.7941149,883 215,256 524,000 780,000 494,665
The total number of shares of stock outstanding is
last line for the purpose of comparison.
.
. .
.
. .
The Gold Market.— Gold has been a little firmer to-day, selling at 100^. On gold loans the terms were flat to 3 per cent
for borrowing.
Silver in London is quoted at 51|d. per oz.
The range of gold, and clearings and balances were as follows
Quotations.
given in the
The latest railroad earnings and the totals from Jan. 1 to latest
dates are given below. The statement includes the gross earnings of all railroads from which returns can be obtained. The
columns under the heading "Jan. 1 to latest date" furnish the
gross earnings from Jan. 1 to, and including, the period mentioned in the second column.
Latest earnings reported.
^Jan.l to latest date.—
EARNINGS.
Week or Mo. 1878.
1877.
1878.
1877.
Atch. Top. & S. P.3d wk Sept $114,000 $67,442 $2,622,830 $1,689,461
Atl. &Gt. West... July
303,601 301,730
Atlantic Ml8S.& O.July
127,441 133,404
889,251
889,522
Bur. C. Rap. & N.3d wk Sept
38,074
51,437 1,093,208
744,258
Burl. &Mo.E.iQ N.July
79,688
68,340
814,769
483,675
Cairo & St. Louis. August
20.686
17,176
142,402
156,058
—
.
Central Pacific... August.... 1,706,000 1,362,072 11,106,363 10,592,644
Chicago <fe Alton. .4th wk Sep 113,373 116,267 3,448,220 3,310,329
Chic. Burl. & Q...July
946,427 829,300 7,364,218 6,301,348
Chic. & East. 111. .3d wk Sept
21,700
17,138
Chic. Mil. & St. P. 4th wk Sep 182,000
374,578 6,105,000 5,369,810
Chic. R. L&Pac.June
568,217 536,235
Clev. Mt. V. & D.. 1st wk Sept
8,094
251,160
252,608
Dakota Southern. August
15,164
12,537
138,088
109,038
Denv. & Rio G...4thwk8ep
33,200
23,146
792,296
543,722
Detroit &Milw... July
518,512
451,246
Dubuque &S.City.3dwk Sept 22,324
31,609
673,292
588,611
Erie
June
1,258,988 1,232,162 7,131,665 7,009,864
Gal. H. & 8. Ant. .July
83,877
66,212
612,910
489,664
Grand Rap.&Ind. July
93,834
81,293
669,687
598,660
Grand Trunk.Wk.end.Sept21 186,824 214,217 6,273,143 6,483,728
Gr't Western Wk.end.Scpt27
98,454 138,907 3,310,518 3,119,045
*IU. Cent. (lU.line) August.... 562,160
564,889 3,474,529 3,121,012
do Iowa lines. August
98,537 127,575
953,362
819,661
Inaianap.Bl.&W.3d wkSept
29,075
28,085
918,740
880,762
Int. & Gt. North. .3d wk Sept
37,253
27,20(i
896,673
951,821
Kansas Pacific ... 3d wk Sept
83,434
86,483 2,442,240 2,177,483
Mo. Kan 8. & Tex .3d WkSept
81,557
68,151
Mobile & Ohio.... August.... 1114,979 125,714 1,147,089 1,049,495
.
* August earnings include those on Sprinriield Division.
T Decrease Is said to be due almost entirely to interruption oJ passenger traffic by yellow fever.
Balances.
Gold
Open Low. High
Clearings.
Clos,
Currency.
Gold.
I
I
100%
100%
100%
100%
100%'100% 100 la 100%
100% 100% 100 la 1001a
100% 100%
100% 100%
100% 100%
100% 100%
Sept. 28..
30-.
1..
Oct.
2..
3..
4..
100%
100%
100%
100%
$7,616,000 .$1,333,511, $1,338,307
8,554,000 1,181,050 1,186,131
9,323,000 1,273,642 1,280,114
9,348,000 1,588,200 1,599,974
11,420,000 1,311,500 1,317,012
11,183,000 1,524,870 1,506,564
This week 100%100% 100 13 1001a
Prev. w'k 100%100% lOOia 100%
S'ce Jan. 1 102781 10018 10278 1001a
$57,444,000
50,936,000
$862,752
$876,628
The following are quotations in gold for various coins
Dimes & la dimes.
98 ® — 98%
$4 84 ®$4 88
Silver 14s
14S and las. — 98%®
Napoleons
3 84 ® 3 88
98% — 9914
— 88 ® — 90
X X Reichmarks. 4 75 ® 4 80 Five francs
87i{
— 89
87ia®
Mexican
dollars..
3
90
®
4
10
X Guilders
English silver
Span'hDoubloons.l5 65 @15 90
4 75 ® 4 85
—
— 70
silv.
55
@15
60
Prus.
thalors.
68
®
Mex. Doubloons. .15
— 98%®
— 9914
983j
Fine silver bars .. 112 ® 112ia Trade dollars
— pav.
par.®i4prem.
New
silver
dollars
9978®
Fine gold bars.
Exchange. Foreign exchange has been quite dull on a small
demand.
The large exports have supplied commercial bills
enough even before cotton shipments have commenced, and with
this situation at the opening of the cotton shipping period there
On actual transactions to-day,
is little strength in the market.
bankers' sterling bills were about 4'80J for 60 days and 4 85 for
—
Sovereigns
—
—
—
demand.
In domestic bills the following were rates of exchange on New
Charleston, firm, buying
•J@516 discount selling 4@par; New Orleans, commercial J@f
St. Louis, 75 discount; Chi
discount, bank •} discount to par
cago, par to 35 premium; and Boston 12 J cents discount.
Quotations for foreign exchange are as follows:
York at the undermentioned cities to-day
:
|
j
;
Oct.
60 days.
4.
on London.
Prime bankers'
Good bankers' and prime commercial.
Good commercial
Documentary commercial
sterling bills
.
were as follows:
pref.
12,100
6,060
7,475
8,620
7,850
9,393
37%
6
94
Nashv. Ch.& St.L. August.
$129,859 $154,997 $1,064,534 $1,097,637
Pad. AElizabetht. 1st WkSept
6,510
0,305
Pad. & Memphis.. August
15,949
17,937
131,476
119,824
August
Phila. & Erie
262,073 292,390 1,737,806 1,845,756
Phila. & Reading. August.... 1,402,792 1,420,879 8,060,939 8.904,013
8t.L.A.&T.H.(brs)3d WkSept
12,460
11,933
333,494
352,976
St.L. Iron Mt.&S.3d WkSept
124,354 118,610 2,832,766 2,895,862
_
_
-. . „
80,788
St. L. K. C. & No. .3d wk Sept
77,929 2,298,214 2,152,762
15,534
14,342
436,637
St. L. & S.E.(St.L.)2d wk Sept
411,601
(Ken.). 2d wk Sept
8,265
do
6,792
242,480
225,916
(Teun.). 2d WkSept
3,223
do
2,852
116,803
105,202
45,464
St. Paul & S. City August
39,169
378.297
287,506
Sioux City & St. P.August.
28,446
24,022
235,730
158,.598
53,201
Southern Minn... July
46,951
427,184
254,804
Tol.Peoria&War.3dwkSept 36,234
27,604
926,829
778,360
September 1,163,426 1,035;232 9,004,002 9,100,771
Union Pacific
Wabash
3dwkSeDt 123,927 105.624 3,533.998 3,205,455
Paris
(f raucs)
Antwerp
(francs)
S wiss ( francs)
Amsterdam (guilders)
4.84%®4. 85i«
4.79%®4. 80 14
4.78ia®4. 791a
4.78 ®4. 79
5.24%®5, 2II4
(reichmarks)
Frankfort (reichmarks)
Bremen (reichmarks)
Berlin (reichmarcks)
4.84i4®4. 84%
4.83 ®4. 84
5.22ia®5, 19%
5.22i2®5,.19%
5.24%®5 .2114
5.22ia®5 .19%
The following are the
.
4.82ia®4 .831a
5.24%®5,.2114
39 '8® 40
9378® 941s
9378® 94%
9378® 9418
937s® 9418
Hamburg
Boston UankH,
3 days.
4.80i4®4. 81
40i«® 40%
9412® 94%
941a® 94%
94I2® 94%
941a® 94%
totals of the Boston
banks for a series of weeks past:
Loans.
1878.
29.
27.
Jane 3.
May
May
June
June
June
10.
17,
24.
1.
July
July 8.
July 16.
July 8i.
July J9.
Aug. 5..
Aug. 12.
Aug.
Aug.
19.
S6.
Sept. 2.
Sept. 9.
Sept. 16.
Sept. 23.
Sept. 30.
Specie. L. Tenders. Deposits, (^rculatlon. Agg. Clear,
S
3
123,5iC,100
4,119,100
3,959,800
3,448,600
3,211,800
2,890,900
2,677,400
2,633,800
2,451,900
3,488,000
3,3j3,4CO
1S3,«32,.500
lM,973,aOO
135,010,400
125,7(14,700
127.030,700
128.621,703
129.849,000
130,700,900
131,138,200
130,653,600
131,387,300
131,816,000
131,97-2,900
131,615,700
133,135,900
131,595,!00
130,741,00J
131,144,300
ISO,'; 59,400
Philadelphia
3,011,-?00
2,914,200
3,008.800
2,838,800
2,768,100
2,731,600
3,010,0(10
3,022,600
3,022,100
3,017,600
t
i
3,857,600
4,-i 60,200
6,36'>,600
5,756,100
6,224,200
6,681.800
6,675,100
5,917,800
5,466,'! 00
5,28i,600
6,511,900
5,891,100
5,8411,800
6,626,400
5,627,800
5,802,300
5,613,700
5,548,200
5.654,900
6,086,900
Banks— The
49,336,900 33,099,400
48,893,500 25,.373,10fl
50,165,800 25,446,.30O
51,676,400 S5,5S4,£00
51,572,910 25,627,600
52,156,100 25,372,700
53,775.300 25,043,400
53,252.000 25,361,400
52,285,800 25.339,200
52,095,600 35,297,600
61,669,400 25,045,500
61.906,700 35,148,>I00
51,490,700 3i,C83,30O
60,948,100 35,138,600
61,369,100 25,0':0,400
51,904,500 25,008,200
62,390,800 25,291,000
52,090.700 2.%441,100
63,081,700 35,466,100
53,434,200 25,427,700
42,634,818
37,395,431
33,876.446
43,181,604
40.871,3:5
39,188,868
42.626,701
51,673.489
47,130,761
43,821,118
3I,U1,879
37.181,493
35,466,852
35,748,086
33,442,865
31,659,013
33,080,092
38,484,171
43,643,381
38,344,362
totstU of the Philadelphia banks
are as follows
Loans.
1878.
20.
27.
June 3.
May
May
June 10.
June 17.
June M.
July 1.
July 8.
July 15.
July 22.
July 29.
Aug. 5.
Aug. 12.
Aug.
Aug.
19.
26.
Sept.
Sept.
Sept.
Sept.
Sept.
2.
9.
Specie. L. Tenders. Deposits. Clrcnlation. Agg.CDlear.
S
S
S
67,480,896
57,106,850
57,141,428
57,380,687
57,542,325
67,104,069
66,906,372
57,417,531
57,540,336
57,701,353
67,582,408
67,836.672
57,394,189
57,506,645
67,450,042
67,516.217
68,189,844
2,000,725
2,003,175
1,957.813
1,948,551
1,810,592
1,799,635
1,898,257
3,165,605
2,131,277
3,088,983
3,122,959
2,28H,860
2.342,437
2,336,021
2,183,120
2,172.809
2,166,859
2,109,431
2,003,043
1,995,806
11,679,304
12,231,928
12,723,700
13,777,652
12,674,595
13,166,808
18,726.831
13,617,763
13,600,496
18,413,067
13.750,039
13,729,614
18,434,151
18,610,305
18,462,893
13,647,329
13,302,270
12,812.655
18,004,807
16.
33.
58,.39:,686
30.
58,'107,884
68,300,720
]a,814,6j-|
S
44,139,418
43,8.30,403
44,901,979
44,814,241
44,900,053
44,908,901
45,647,430
45,931,793
46,419,105
46,083,338
46,127,426
46,503,675
45,561,288
45,757,350
45,497,226
46,806,145
46,504.418
45,516,833
45,335,119
45,566,908
$
11,109,920
ll,088,7rt
11,069,120
11,070,141
11,049,673
11,006,979
11,001,126
11.055,863
11,075,562
11,118,080
11,133,.331
11,136.613
ll,158,5r'3
11,161,372
ll,lt0,955
11,191,223
11,184,010
11,190,001
11,216,351
11,243,085
32,731,684
?0, 186,223
26,600,606
39,002,223
31,067,892
i
,
'1
.30,667,918
29,062,262
33,330,691
82,262,571
30,692,010
24,830,609
29,494,324
26,839,131
27,006,463
23,731,264
24,754,736
28,719,076
89,582,427
31,483,017
28,822.3M
;
I
|
I
,
I
,
;
.
.
October
Cllr
.
....
.,
THE CHRONICLE.
5, 1878.]
N»w York
,.....
..
Banks. — The
ooQdllloa of the Associated
•ndloK at the oommencemeDt
BOSTOlf,
BtatementBhowB the
followlni^
Banks of
New York
851
PHIbADBLPaiA, l«.-0«aaa«««.
we«k
Cltr for the
of buslnesa on Sept. 28, 1878
:
Bid,
BM.
-ATxiuoi AHOCKT or-
Loam and
Legal
Specie. Tenders.
Capital. Dlncounta.
BAKX9.
New York.,.. ...
Manhattan Co,
Mercbantt'
. .
Mechanlca'....
tJnlon
7,1)81,700
6,734,000
8,603,000
7,454.800
», 198,000
4,008,600
8,140,SOD
1,624,800
10,106,600
8,511.300
3,969,400
1,300,000
...
...
...
Phoenix
...
City
Trade tmen's.. ...
...
Folton
Chemical..
Merchants' Exch.
600,l>00
Bntchers'ftUrov.
Mechanics' .&Tr.
Greenwich
Chatham
North America..
Hanover
Cltlzcua'
NaaMa
Market
St. Nicholas
Shoe and Leather
T60,7CO
1,35',),800
ll,0C6,8UO
8.811,400
8,822,000
965.000
1,024,000
757,800
2,211,800
830,600
1.831,500
575,20;)
4l5.a)0
281,000
198,000
2,700
272,600
81,000
8.8'i5,500
19.1..300
18,«85,400
4,587,700
3,498,100
1,183,000
50,200
14S,400
l,774,40(i
8,0.1J,800
27,1-00
»,869,81W
198,200
176,500
ao.aoo
148,000
126,800
88,500
440,000
81,800
61,300
li,063.700
3.061,10)
8,205,400
2,003,800
1,818,200
2,782,500
1,196,100
1,506,800
«,90i,llOO
1,307.800
1,594,000
f,S09,6lX)
1,915,400
13,517.000
1,473,600
2,083,500
«,477,oOU
1,910,900
3,437,000
3,250,500
1,000,0)10
1,000,(101
Com
F.-tchango.. 1,000,000
Conlineiilal
1,250,000
Oriental
800,000
400,000
Marine
Importere'&Trad 1,500,000
Park
2,000.000
HeA. Bkg. Asa'n 600,000
800,000
North River
840,000
BastUiver
250,000
Mannf'ra' & Mer.
100,000
Fourth National. S.S'O.OOO
Central National. 8,0(J0.0C0
Second National . SOO.COO
Ninth National..
I&J.COO
First National...
500,000
Third National.. 1,000,000
800,000
N. Y. Nat. Exch.
Bowery National. 250,000
Grocira'
New York County
2f0,«W
GermanAmeric'n
750,000
Total
2,194,000
4,993,100
1,832,000
1,019,600
72J,10U
I,r00,000
500,000
8,000,000
600,000
1,000,000
1.000,000
Metropolitan
180,000
1,100
224,406
7,8.37,300
9«,700 1,482,500
700,000
Irving
ito.ooo
268.000
153,200
319,000
153,900
171,8110
lS,888,0i«)
5,000,000
1,000,000
1,000,000
428,700
1,600,000
460,000
418,600
Pooplo'a
109,000
15,000
10.400
888.700
79,800
247,400
4.93»,700
8,000,600
8()(1.0ti0
300,(XX1
Mercantile
669.m)
44,500
7,600
98,800
5,)X)0.000
.
Pacific
Rcpnlilic
»t 1,700
7,901.100
4,668,200
6.f>86,700
665,700
2,601,400
873,600
1,610,100
I,eather .Manuf'rs
Seventh Ward..
Bute of N.York
American Exch..
ConinuTce
Broadway
1,393,(100
600.000
800,000
600,000
..
.
1,925,»0
6,888.400
1,900,000
8,000,000
1,000,000
1,000.000
1,000,000
8UO.000
300.000
1,000,000
Gallatin Malloiial 1,500,000
America
7«7,600
601,900
671,800
641,300 1,178,100
738.000
3«5,!00
Ms,goo
864,400
1,777,000 2.630.000
455,000
387,000
1,262.900 8.oi;,oto
I94,.300
283.900
ee^soo
175.700
68.%,600 8,666,400
491,500
»19,600
8,7n,aoo
2,oa),OCO
«,('W,000
...
... »,0U0.000
... s.ooo.ooo
>
$
$
Net
CirculaDepoaiU.
tion.
t
»
6«,.)00
71,600
28i,800
121.800
3.7511,000
14,9lX)
1,478,000
8,183,800
16.770,000
10,808,500
651,000
512,600
689.800
735,900
328,000
13,364,700
7,157,000
12,900
95,700
838,000
248,300
3i,600
1,700
32,700
69,700
1.50O
838 500
aoj.ooo
S,014,0l!0
134.000
988.600
927,000
85,500
7,000
3,573,000
7,414,400
ti,3a3,800
1,121,400
l,14,^00O
1.096,300
a, 133, 100
l'(»,66o
16ti,40a
4.'..000
892.200
666,700
180,000
530,100
876,300
450.000
597,800
397,01 !0
250,100
6,400
149,0OD
1,028,703
4,773,31)0
446,700
891,400
1,861,900
80.0(X)
8,181,000 10,871,000 2,21B,0()0
374.500
1,573.200
218,500
214,700
i,8-».ooo
3,900
592,600
1,870.900
245.300
183,900
3.30,800
496,700
474,000
8,524,000
658,600
319.000
8,037,300
4,700
715,100
2,834,500
772,600
210,101
1,058 700
893,00)
2,063,600
350,000
8,894,800 17,737,600 1,104,900
8,893,800 11,750,800
638,800
80,000
467,400
884,700
112.700
490,200
195,900
801,300
46.400
512,700
97,400
94,0.10
389,400
2,359,900 ll,81!,500 1,043.5):)
1,471,000
8,455.000 1,403,000
508.000
1.9;8,000
270,0.10
754.000
3,338,000
590,0110
1,749.600
45,i)f0
9,810,600
952,700
6,543,400
798.100
226,100
805,200
28S.100
220,000
812,000
i35,CO0
319,000
1,151,700
180,000
828,100
1,925,300
63,685,830 246,328,500 18,199,600 45,680,700 316,338,000 19,617,800
The deviations from returns of previous week are as follows
Loans
Inc.
8915,100
|
Specie
Legal tenders
Dec.
Dec.
12 ),800
2,857,700
|
The following are the
Loans.
Dec.
$972,000
Clrculailon
Inc..
1,500
totals for
Specie.
:
Net deposits
L. Tenders.
Deposits. Circnlation. Agg. Clear,
S
t
S
t
«
S
232.113,400
4.
11.
229.936,400
i3i,030,700
802,053,400
800,875.000
199.074,000
19,982,400
20,021,800
19,998,300
18.
25.
2:iJ,122,600
23.0.30,200
233,9!»7,30fl
1.
8:JI,O49,400
8,
2.j«.132,<.00
834,i).39,100
19.827,100
17,001,200
16,801,200
17,105,200
15,069,700
16,311,900
20,420,000
38,186,000
34,933,800
36,485.300
38,612,000
41,020,100
44,023,900
436,1S0,.360
May
May
May
May
35,935,900
3;,586,100
30,051,900
27,469,500
.
June
Jane
Jnn. 15.
Jun. 82.
Jon. 89.
July 6.
Jaly 13.
July 20.
Jaly 27.
Aug. 3.
23ii,301,500
2:i4,7i3,700
232,720,200
2;J6.516,000
234,180,100
286,196,500
238,636,(00
288,096,200
240,220,10C
235,555,400
8-.',048,600
24.
31.
2i6',994',.300
18',662',S00
239,431,700
Sept. 7.
Sept. 14.
Sept. 81.
243,4:)2,900
244,.!15,100
17.001,300
16,951,100
18,554,700
845.377,400
216,322,500
18,199,600
Aug.
Ang.
Aug.
Ang.
Sept
10.
17.
'in.
28,001,600
19,695,(i00
17,990.600
20,407, too
19,231,300
1H,.3!>8,S00
47,248.(X)0
47,816,400
49,502,900
62,468,900
68,998,300
53,606,300
55,558,300
57,543.900
58,409,600
58.610,100
56,266,500
55,479,400
65',059',800
5:),918,500
50,683,500
48,891,200
48,538,400
45,680,700
3(j1,038,000
199,686,; 00
198,985.300
199,867,900
202,271,800
205,785,500
205,384,100
805,965,600
813,816,700
ai7,411,M)0
221,258,100
822.133.700
219,978,500
823,432,700
317,884,700
816,088,600
816,164,100
818,711,200
818,269,000
817,304,000
816,332,000
80,ft3.2,10O
20,01 i,300
20.005,800
19,941,1)00
10,979,600
19,934,900
19,909,900
19,934,800
19,823,900
19,62i,100
19,405,100
19,078,(X)0
19,273,600
19,18't.800
19,325,600
19.305,600
19,43i,700
19,062,300
19,478,300
19,616.300
19,617,800
419.201,399
439,525,545
361,572,887
382,688,684
SM, 364,165
339,022,452
874,239,1®
390,933,811
381,644,610
319,403,759
S53,650.2;ll
376,809,115
351,707,264
353,322,472
414,140,015
355,692,070
312,877,489
330,517,433
285,786,611
348,022,456
330,877,701
a3'l,606.566
370,111,767
BOSTON. PfllLADELPHIA AND OTUBE CITIBS.
IIUOTITIO.NS IN
do
Rutland, preferred
Vermont 4 Massacbnsetta..
Worcester
4
Bid.
Ask
BOSTON.
Maine
NowHampablreta
118
Vermont in
MaaaachuietU 5s, gold
uoston ««, currency
do 5s, gold
Chicago flew erage 78
Municlpal7>
„ do
Portland ««
Atch. A Tcpcka
iBt
,..
Atchleon & Topeka
Boston & Albany
Boston & Lowel.'
iSlg 133
Boston A Providence
BurllnKton A Mo. In Neb....
Cheshire preferred
CIn. Sandusky 4 Cler
106
83
Boston* Maine..
1091
101
Connecticut River
Conn, ft Posaumpalc
Eaateria (Mau.i.
Eastern (New Hampshire)
PItcfaburg
Kan. City Top.
T7
108
110
4«
Concord
113
ISS
48
50
13K 14K
.
isisf
Western..
Manchester ft Lawrence....
Naahuaft Lowell
New York ft New England..
ft
Hiu.
S7X 87K
ia<X
CIn.
4
4
Bait. •«.'««
fit.
LoQl.
78,
..
im
»«
im
itaalMay. * Tnd. lat, «a, IM4.
Mooy Creek let n. Is iWl....
nobarr 4
Krla Ist m. 7s, **)..
UDlouATIiusT. 1st m. 7s, to.
ODlledN. J. cons. m.Sa.^.
warren 4 r lat m. la, 'M
West Cbaelar eons. 7s, '»!.
Wwt Jtntr U, teb,, eovpVII
do
tslin.<s,ep.,l«,
do
tstm.lB.'M
I0«
_
Waaum Penn. BR. M,ep.:n*
do
<e F^B.,'W,
.
STATI AND CITT BOKIM.
.
Ss, g'd, lnt.,r«t. or op.
5s, cur.,reg .... ..^^m.
58, new. reg.,isra-tl(n 111
«a, 10-n, reg.,I<T7-'SI. 104
Cs, K-a, re»., iHSt-'n.
<s, In. Plane, rec.,187>
PhllMlelphla, Ss reg
do
do
do
. .
OARAL
Cbeaap.
4
BoirDe.
Dela, Ist is, r(.,'M
Delaware Division U, cv.,n».
a8,old, reg
do
107
Lahlgb Navlga. ffl.. Is, ntc.,'M
do 6s,n., rg.,prlorto'M
IM
lis
do mort. BR., rg.,t7
do es,n.,rg.,fNS*OT«r U6it 115M
loe
do m. coDT. g., rMT.,'*"
AHegbeny County 5a, conp...
do mort. gold, "n...
Allegheny City 78, reg
do cons. m.7s. rg.,ltl 70
Pittsburg 48, coup., 1913
Moms, boat loan, reg, iM.
is, reg. 4 cp., 1>M.
do
Pennsylraola (s, conp., :tlO.
68, gold, reg
do
Sdinylk. Kar.lst aMjrg.,rt.
7a, w't>ln,rg.4cp.
do
do
3d m. «s, reg., MR
do 7s, str.lmp., re«.,'63.8<*
do is, 6oat4car jrg.,l9ia 4a
N. Jersey 6s, reg. and coop.
do 7s, boat4ear.rg.,19i9' 4S
exempt, rg. 4 ooup.
do
Sas<)aetaaaiia<e, conp..^9i8
*s
Camden County 68, conp
Camden City 6a, coupon
do
78, reg. 4 coup.
BAIiTimOBB.
Delaware «8, coupon
Harrlaburg City 6a, coupon
MaiTland «e, defense, J.* J loex 100
lOlX
do
BAILHOAD STOCKS.
6s, exempt, 1687 .. 110
U3W
do
(t, I89U, quarterly.. lod
Camden 4 Atlantic
100
do
9s, quarterly
pref
do
do
100
34
Baltimore 6s, iSM. quarterly, 108 108
CalawlBsa
S
7
do «s,:8S«, J.4J
pre!
do
sew
do «S,189U, quarterly...
new pref
do
38). S3M
do
lou
Delaware 4 Bound Brook...
110
do
110
East Pennsylvania
114
do l«jazerapt,'M,U.48. HI lU
Elmlra* WlUiamsport
do
W(»,J.*.113
do
pref.
lU
do
do
1I(U,J.*J
Bar. P. Mt. Joy 4 Lancaster.
:u
Norfolk water, 8*
Huntingdon 4 Broad Top...
lU
KAILBOAD sTOOKa. Par,
do pref.
do
Balt.4UUo
too
Lehigh Valley
00
38V 80
do
Wash. Branch. 100
180
Little Schuylkill....
4SS
do
Parkersb'g Br. .90
1
s
liluehlU
Northern
Central..
90 14«
Neaquehonlug Valley
40
Western Maryland
90
Norrlstown
100
10<»i
Central Ohio,
90 8)
ss
Northern Pacific, pref
18
Plttabnrg 4 Connell8Tllle..90
1
s
North Pennsylvania
3S
RAILROAD BOMDS.
Pennsylvania
Bait. * Ohio <s, 1880, J.4J ... 103
Phlla<lelphla4 Erie
tmi
do
Us,
103
1889,A.4U.
108
Ueading
Pnlladelphla4
N. W. Ta. «dai.«aar.,'89,J4J 100 10s
Philadelphia* Trenton
PltUb.4 ConnelTsv.78.'9e,J4J V6
Phlla.Wllmlng. 4 Baltimore
Northern Central <s, ^, J4J 104K
PlttaburgTItusv. & iiuff
4H
do
68, 1900, A.40. 101
108
United N. J. Companlea
1!«H ISO
do 6s,gld,19a().J.4J. a!»t 04M
West Chester conaol. pref....
Cen. Ohio «s, 1st m.,'9U,Id.4 8. 1K»
100
West Jersey
80
W. Md. 68, Ist m.,gr.,'9b,J.*J. IDS uo
CANAL STOCKS.
do 1st m., iaiD,J.4 J... 100 10s
Chesapeake 4 Delaware.
do 2dm. , guar., J.4.r.... 100 no
Delawnre Division
do 2dm., pref
7;
Lehigh Navigation
ITH 17H
do 2d m.,gr. by W.CO.J4J lot 108
Morris
do 68. Sdm., guar., J.4J. 108 110
do pref
M
.
.
M
i^
,
,
,
.
m
,
m
Mar.
Peansylvanla
do
Susquehanna
4
CIn. 7s,
do
Schuylkill Narlgatlon...
2d,
F.
'92,
4A
M.4N
84
81
...
do
8l,Sd,J.4J
13M
7« l7nlonBB.
lat, guar., J. 4 J.,
pref...
do
Canton endorsed. 108 loe
maCILLASRODS.
107« 108« Baltimore Gaa certlllcatea... 100 10*
ISW 14M
7a,E.ext.,I910 S7H
do
People's Oaa
'26
Inc. 7s, end.. VI.
do
BelTldere Dela. 1st m., 8«,19U2, ibe 106S4
2d m.6s. *8.j.. 100 103
do
»»
3dm. 68, 'd?.. 96
do
Cincinnati 6s
CINCINNATI.
Camden 4Amboy 6s,coup,*83 I03X
6s, coijp., '69 104
111
mort. 68, *89
Cam. Atl. Ist m. 7s, g., 1908 li»H
2dm., 7s, cur., '80
do
do
do
4
Cam. 4 Burlington Co. 6s,1)7.
Catawlssa Ist, iS, conv., 'g.
.
chat, m., 10a, '88
do
new 78 1890
do
Connecting 68, 1900-1901
.
106
Dan.H.A
Wllk8.,18t.,7s, '37.
Delaware mort., 6s, various,
Del. 4 Bound Br., Ist, 7s, 1908
V9
East Penn. Ist mort.
E1.4 W'msport, let m.,7s,'80.
5s,perp
Harrlsbnrg 1st mort. 6», Si^.
H. 4 B. T. I8t m. 7s, gold, "80.
2d m. 7s, gold, "ts.
3dm.con8. 7s, IB*.
Uhaca4 Athens 1st g d, !8.,'90
do
do
J unction Ist
mort.
6i, '82.
. .
2d mort.
68, 19U0..
Miss., Ist m., 7s, gj
Lehigh Valley, lst,6a, cp., 18»
do reg., 1893..
do
do
L. Sup.
4
do 21m.
do
do
,"8,
reg., 1910.
113
US
con. m., 6s,rg.,i9^ 100 !<
do
68,< p,,I9;3
Little Schuylkill, lat
lat
m.
m.«8,
'
lOOJi Uttle Miami stock.
78/«i
cp.,'88.
ids
lis
106
100
72
Phlla.* Erie Ist m.«s, cp.,'81
2d m. 78. cp.,'S8.
do
Fblla. 4 Bead. 1st m. 68, '43- '41,
'48-.49,
do
do
2dm.,78, rp.,'98
do
79
dcben., cp.,
do
iiiW
'93*
scrip, 18ia.
In. m.7s, cp,189t
do
do
70
US
40
in
K
104
101
SO
M>
100
«7
X75
is
100
15
100
ei'
81
108
10.«
w
M
'io
07
lOOK
30
»*
08
88
water 6s,'87 to 1
water stock 6s,17.t
..t
whart68
lOU
(14M) 7a.-8It
9dm., 7s
l(l8>i
1st m., 7s, 1906..^f iSSI
Lex. ist m. •s.TI.
LonlsT.
* lOSK
ex past'due cuupona
Loata.4 Fr'k.,U>ui8T.ln.6a,'8'
LotUay. 4 Nashville—
t
Leb. Br. 6s, '86
1st m. Leb. br. Kx.,78,'«H8.t
6s.'SS.. .t
do
Lou. In.
*.exeon
Iatm.7s,
Consol.
J2JH
Jefferson Mad. 4 Ind atoek. iMNioi'
LouUTllle4 NaahTlile atock.
C*
ST. LOUIS.
so
St.
cons. m. 7s, cp..l91!..
cons. m. 7s, rit.,19:i.. 1U3H
coQa.tn.6«jM^911....
conv. 7s, ';893"
7s. conp. off, '93
8t.
t
lot
long
Louis
Is,
do
do
do
do
no
water
do
is,
gold
do
!
1
tOSM t0*H
new.i 104
bridge aopr,
a. 6a 1
renewal, cold, le.t
sewer, g. la, 1144.1 lOSIa
Loots Co. new park.g.6a.t lOlN
do
Pblla.4 Bead. C.4 Ldeb.7s,92
* In default of Interest.
.««
6e,'»7to'W
spec'l tax 6s of "W. t
LonlsTllle Water 6s, Co. IIOI -t
103^
scrip. tsS2
108
101
Jeff. M.41.1st m.
lOl
CDS. off.
84
MS
100
104
6s, '83 to '87
„
IIM
108
i.oi;isvii.i.B.
do
do
do
do
do
do
34
io«H
07
108^ 108
Louisville 7s..
io«H
Fennsylr., ist m., 6a, cp., "80..
gen. m.(s,cp.. 1910
do
gen. m. 6s, rg., 1910. 107
do
cons. m. 6a, rg., 1905
do
do
do
do
do
do
do
do
do
do
do
,
.
7s, "88 ..
do
•8
,
do
7s
do
7-SI)a
do
South. BR. raos.
lib
do
do 6s, gold.
Hamilton Co., O., 68. long.
00
78. lto9yrs..
7-908, long.
do
7 4 7*908,
Ctn.4 Cor. Bridge st'k, pref
CIn. Ham. 4 D. Ist m. 7a, '80
do
2d m. 7s, *d5.
CIn. Ham. 4 Ind, 7s, guar
CIn. 4 Indiana ist m. ts
do
:d m. 7s, 'n.
Colum. 4 Zenla, 1st m. 71, "90
Dayton 4 Mich. 1st m. 7s. ^1.
do
2d m.lt.'m.
do
3d m. 78, "Sii.
Dayton 4 West. Iscm., '31. ..t
do
lat m, 1906..
lat m. (a, 1909
do
Ind.Cln. 4Laf. 1st m.7s
(I.4C.)lstm.7s,'88
do
Uttle Miami 6a, '88
CIn. Ham. 4 Dayton stock.
114
Columbus 4 Xenla stock..
118H Dayton 4 Michigan stock..
do
8. p.c. st'k, guar
101
iiiH
cons.m. (s. cp.,lt05.
do
Navy Yard 6s, rg.'iJl
do
Perklomen lat m.Ss.coup./*;
8TOCK8.
'^
Ksstem. Ma«8.,3Hs.ngw.
101«
Verm *t C. Utm. ,7s
Vermont di Canada, new 8s.
Vermont ft Mass. KB., 6s....
do
land grant 78
do
2d7a
9.
do
land Inc. 8s..
Boston a Albany -8
do
<•
Boston 4 Loweins
Boston 4 Maine "8
Boston 4 I.owel) <8
Boston 4 Providence 78
Borl. 4 Mo., land arant 78...
do
Neb. 6a
101
do
Neb. 88,1883
105
Conn. 4 Paiaunipsic, 78, 18»7.
ritchburg Kl!.,«i
do
78
Kan. city Top. 4 W., 78, 1st
do
do
78, lac.
Phlla. Wllni,
fhamokln V.4 Potur.ls,
am
. .
.
m.7«
n
in
2d m.7B,cp.. IM.
do
do gen. m. 78, cp., 1908.
do gen. m.7s, reg., ISU'l
Oil Creek ist m. "s, coup.,'8J.
rlttsb. Tltu8v.4 B.,78,cp..'«»
scrip.
do
Pa.4 N.T.C. 4 BB. 78, '»*I906.
BKOUBrTIXS.
Hartford & Erie 7b, new
'JKdensburg A Lake Cb.Si..
Old Colony, 7s..
do
68
Omaha A S. Western. 8i ....
Pueblo A Ark. Valley, 7a. .
Kutland 88,l8t niort
<•
Maabua
rUl.*R.C.*t dab. 7s.eps.oB
do scrip, law
_ do mort,, 7s, IMl.t
PHILADELPHIA.
Penna.
do
do
North. Penn.
SBOUBITIKB.
pr«f.
Uld Colony
Portland Baco 4 Porumoatli
Pueblo 4 Arkansas
RAU.ROAD BONDS.
Allegheny Val.,7 3-108,189«
a series of weeks past:
Apr. 20.
Apr. 27,
1878.
Northern of N«v Hampshtrs
Norwich 4 Worcester
Ugdsnsb. 4 L. Cbamplalo .,
cur. 78
And Intereet.
t
io5^
THE
352
—
—
. .- ... .
.. .
.
.
. ..
.,
.
HRONICLE
(
active
RaUroid
Stocks
am
XXV U.
[Vol.
NEW YORK.
QUOTATIONS OF STOCKS AND BONDS IN
Bonds and
U. 8.
,..
Prines represent the per rent ta'ue, whitever the par
quotei on a previous page.
rmy h«,
STATE BONOS.
5a,
5b,
8s.
8e,
8b,
8b,
do
do
do
do
do
do
42H
1883
&
M.
Ala.
RB.
B.
Ch. K
&
&
7b,
6s,
88,
Penitentiary.
levee
.
.
&
&
B
do
Connecticut 6b
..
Bdorgla 6b..
7b, new bonds...
do
7s, endorsed. ..
do
7b, gold bonds..
do
nilliols6B, coupon, 1879..
do War loan
107
KentnckjCs
103
102
103
I03K 101
Northern.
Alton
21
S3^A
10 IM
.
i%
Vif,)4
...
Jollet& Chiongo
Kansas Pacific
&
84
31M 32
.
84
Bufl. N.Y. &
New
ha-.
(
St. Jo., 88,
Central—
iim
98 ^
"sx
& North'n.prei
Haute & Jnd'polliS
St.L. K. C.
"m
Am.
District Telegraph.
Canton Co., Baltimore..
American Coal
27>s
28
20>s
25
2«<
2«
ii^rle.
(
R North., lat ns.
Mlnn.& St L.,lst Is gua
Cbebf. & Otiiu 6s. 1st m..
Bur. C.
px cnnr
d"
Chicago & Alton iBt mort.
do
Income
JoUet & ChIcago,l6t m.
3W
m. 7s
sink, fun!
consol.
2tlM
27H
29
t-'6«
}20
Ba
coupon
regist'd
Central of
Js
do
do
do
do
.
J
do
., 1st ra., '90
1st consol..
do
hs&eKted.
do conv
do asEcn'ed.
Lehigh & W.B.con.guar
do
do asse'ted.
Am, Dock & Imp. bonds
do
do
Bsenteci.
do
do
do
do
do
do
do
do
84
109
10»
113
80
72
ietm.,
1.
m.,H.
Ist
istm., C.
& D.
& D.
AM.
consol. sluk.fd
do
do
do
do
do
do
ad
m
73
71
45>i
68
consol. bds
ext'n bds..
l8t
mort..
HO
BO
nsi^
lOoiX
.
Iowa Midland,
Galena
&
ibt m. Sa.
Chicago Kxt
.
Wlaona &
St. P., 1st
do
m.
llOH 111
WiV,
do
do
Mm
7s, conv
78, 1907
mcrt..
N.T. :^t.;e
MorriB & Kssex, jst. m.
do
2d mort..
do
bonds, 1900.
do
do
do
construct'n
78, of 1871
guar.
Ist con.
Del.&Hud.Canal, ist ra.,'84
108
105J1
115
lOflJi
10>!
Saratotra.
1
1C6
102k!
10074
110?1 120
IIB.,: lOf!
{80
80
101
00
SO
93>!i
W>i 102
l03^
100
100
ii«)K
101
enw
«t
'
m
.
.
.
do
6s,
2dm.
g.
119-a
do
Md m. Inc. 7a.
Mien. L. Sh. Ist Ss, '89.
!20>»i:23
121
...
Chlc
104J^ll04Ji
Ch.st.P.
101}illfl2
101}s lOlJi
6U«
do
&
&
.vilnneap 6a,g.,new
l.gr.,f,?,g
do
,
do
7b, equip.
& Crawfordsv., 7b
Kvansvlile lien. & Naehv. 7s.
Rvansvllie, T. H. & Chlc. 7s. g.
Flint & Pore M. Ss.Land grant.
Fort W., Jackson & Sag. 8s, 8i
Grand R.& Ind. '.st 7b, l.g., gu.
do
iBt78, 1. g,, not gu
do
let ex I. g. Ts,
Grand River Valley Ss, lat m..
Houston & Gt. North. Ist 78, g.
Texas
C.
Hous. &
1st 78, gold.
do
West, div
Evanflvllle
do
do
Waco
consol. bds,
Indianapolis* St. Louis 1st 7s
Indlanap. & VIncen. Ist 78, gr..
{76
{IS
{18
{14
113
Endorsed, M. & C. RR..
Mobile 08 (coups, on)
8s (Connors on)
-tB8
ibb
6s, funded
Montgomery, new
New
40
45
102
06
I03h
100
195
65
100
.
KiiUroHd. 68
Wharf lmrrovem'tB,7-3l
1:6
Norfolk 68
Petersburg 68
40
8s
'!«
Richmond
Savsnnah
70
48
U9H
.
103>4
lOl
9t
.
coup
on.
ConBol., end. by Savan'h
Carolina Cent. 1st m. 68,g,
Cent. Georgia consoI.m.7i
51
20H!
35
45
t9
Stock
Charl'te Col.* A., cons.
78,
& Darlington 08.
East Tenn. & Ceorgla 6b.
K. Tenn. & Vs. 68,eDU.Tenn
E. Tenn. Va. & Ga. I8t. 78
Stock
Cheraw
Georgia RH.7B
^tock
Greenville
7s.
& Col. 78, 1st m.
guar
..,.,..
Macon & Augusta bo Jd8..
83
50
HOW
i
RAILROADS.
Ala. 4 Chatt.lst m. 88,end
Receiver's Cert's (var's)
Atlantic A Gulf, consol..
95
84
61
5
tao
old
Ss.gold
'75
40
8W
60
68
7s,
Wllm'ton",N.c!,6s,g'.'j
48
•84
57
90
«0
78
.
Consolidated 68
101
tW'H
58
38
Nashville 6s, old
.......
fis
ne^v
New Orleans prem. 5s
71
97
83
35
20
64
18
International (.Texas) Istg...
Int. H. & G. N. conv. 8s
Falls & Sioux C. Ist 7s.
Jack. L.& 6. Ss.lBtm.," while" '104
llBJi Kal. Allegan. * G. R. 8s. gr.
99
15H Iowa
13^6
7s, F. L,
7b, bonds.
Macon bonds, 7b
Memphis bondt C
Honda A and B
.
.
bonds.,
"'
till
105
40
Chlc. & S'thwestern 7b, guar..
91
Cln. Lafayette & Chlc. Istm
65
Col. &. Hock V. 1st 7b, 38 years. +103
do
Ist 78, tOyears.
t«9
do
2d 78, 20 years.. too
Connecticut Yalley 7s
49
Connecticut Western 1st 78
18
Dan. Urb. B1.& P. Ist m.78, g.
34
Denver Pac, 1st m.7s, ld.gr. .g.
40
Denver & Rio Grande 78. gold.
87
Detroit & Bay City 88, end
•176
Erie & Pittsburgh Ist 7s
99
do
con. m.. 78..
1st m.. 7s. I'd gr., '80.
1
.
Central of Iowa Istm. 78, gold.
Chic. & Can. South istm. g. 78.
I....
74«i -,5% Chlc. & East. HI. 1st mort., 6b
119
111
Columbus, Ga.,
Lynchburg 6s
2d endorsed
Stock
Meniphia a Cha'ston lat 7t
2d 7a
stock
Menipb. & Little Rock Isl
-OOl^i
t-K
HI
Kii
H4
73
MissitiBlppI Cent. 1st
2d mort. SB
Hi)
m.
7fc
2d mcrt., ex coupons....
10
H8
Mian.* Tenn.
1st
1st mort., 8s,
18
91
& Ohio
B
m.
8s,
A.
..
sterling Ss
Sterling ex cert. 68
88, interest
2d mort. 8s
N. O. & Jacks. Ist m. 88..
Certificate, 2d mort 8s.
NashvUie Chat. & St. L. It
Ist.ea, Tenu.cfc Pac. Hr
Mobile
104'.^
101
Kalamazoo & South H. 88. gr..
Ul>« Kansas City & Cameron ills... tl02
Cleve. & Pitts., consol.. s.f. {112
Keokuk & Des Moines I^t 78.
73
4th mort..
do
105
funded int. 8f
do
bO
Col. Chic. * Ind. C, 1st mon
44« 45V^ Long Island RR., iBt mort.
101
l!.t,6a,Mc,M,.M.W.&AI,Br
do
do
2d mort
12
Loufsv. * Nashv. cons. m. 7b. lom
Nashville & Decaiur Ist 76
Rome Watert'n & Og.. con. Ist iOS^
do
2dm.. 7b, g..
91
89
.Norfolk* Petei-Bl). 1st m.BB
St.L. & Iron Mountain, lat m. 104J4
Michigan Air Line 88, 1890
+ 105
105'.<
l6tmovt.7a
do
do
2dm..
80
Montclair &G. L.lst 7f, (new;.
40
12
2dmort.8s
St. L. Alton & T. H.,lst mon.
109
6
do 2d m. 78 (oil m., Ists).,.
3
"Jortheast., S.C., ist in. 86.
do
2d mort., pref..
.Vlo. K.* Tex. 1st 7s, g., 19O4-'0C
46
46
admort. Inc'mp
2d mort. 8s
do
29
do
2d m. Income...
12
10
Orange (SiAlex'drls, )ct3,6!
Belleville* S.lU.R.lBtm. 8f
91>« N.J. Midland Ist 78, gold
25
22
;as,6s
Tol. Peoria * Warsaw, Ist E.t' {i)5
>J. Y. Elevated IiR.,lBtm
91
w.
3dB,8s
D
do
ist
{iOO
N.Y. & Osw. Mid. 1st
'"in
4ths,88
do
Builingt'n Dly ...
do rcccIv'B ctfs. (labor)
.84
27
RIchin'd & Petersb.lst Is..
2dmort
do
{25
do
do
25
(other.
20
consol. 7«
Rich. Fred. & Potomac 6t
do
{25
Omaha A Southwestern RK. cf 113 114
mort. 78
do P.Com.Kcpts.lst.E.I) «5
Oswego & Rome 78, guar
98
86
Ricli.ft Danv. latconsol.6!
do
do
ist.w.D
•20
Peoria Pekln A J. lat mort
40
94H
Southwest.,Ga,.conv 78, "6
do
do
Bur. D
Pullman Palace Car Co. stock,
74ii W^i
Oa., stock.
Southwestern,
do 1st pref. Inc forSlM {25
do
bds.. 8a, 4th series
91}^ 93
S. Carolina KU. lat m. 18
do
do fo. cons'd {25
St. L. & I. Mt. (Ark. Br.) 7b, g,
87}
78, 1902, low Ncs
ToLft Wabash. Ist iii. exiea.j.
51
St. L. & San F., 2d m., class A
4»
7b, nou uiurt
loVw
do ex coupon
do
iS
do
class B
22
ISavannah « Char.lsl m, 7^
do Istm.St.L. dIv
90
do
do
class C.
£0
Cha'ston & Sav. 66, end.
do ex-matured coup....
H2
825^ St.L.&Sw'easl. con8.78,gold,'91 •'.i5
35
West Ala., 1st mort. 88,.
do 2d mort
10
;04
91M St. Louis Vandalia & T. H. Isi.
2d m.Ks. giiiir
do Ex & Nov.,*??, cour.
to
do
2d, guai
e'<« 72;-s
do equip'! bonds.......
PAST DUB coaroNs
11
Sandusky Mans. & Newark 7b.
80
87
do con. convert
50
Tennessee state coupons..
South Side, L. 1., Istm. bondi',
esii
do Ex. Aug.,'78,& prev's
South Carolina conao'., ..
42«
do
sink, fand...
86
<o
..
Great Western, let m., 1888.,
South. Minn. Ist mort. 7?, '38,
jVlrginia coupons
68
do
ex coupon VKH 103
Consol. foiin
Southern '.il'in,. 7s. Ist
8S
96
do
Memphis Citv coupons,.
2d mort.. '9*1
Tnl. iinn. s, *npt iBf
86
H7
42
t And accrued interest.
}No price to-day ; theae aie latest quotsUous made mis week.
.
!
.
i«
.
im
I
(13
.
&
88
103M 104
103
I
I
VOM
IIOM 112
.
'lo iBt <^on^.
104 >v, 100
llOHlllUJS
gold
Boston & N. T. Air Line. Ist m
Cairo & Fulton, let 78, gold...
California Pac. RR., 7s, gold
78,
,
l(l2i«
104M
do
do 189: lOOJi
do
iBt extended t
do
coup. 78, 1691
99
do
reg. ra. 189i
.
Albany
& Suaq. iBt bds. {10?
do
.d do
90)«
do
Sd do
Bena.
consolidated
2d do
1st Spring. dIv.
.
1
mort
do
do
do
1.
Augusta, Ga.,
Charleston stock
Charleston, S. C,
110
.
102
88
Bmgh.&
...
104},.
....
78
Waterworks
tllOk 111>
1303.
!
XW\% WiVt
consol. m.bdp
Del. Lack. & West.,
do
reg
I'JOJ^
107^ ...
RAILROADS.
Atchison & P. Penk, 6b
108W Atlanta, Ga.,
10B>s,
109
tlOOM 110
17,S
80
175
78
104
107
tl05
97
t«0
11118
111
1112
118
tlOoJ^ 10l>^
Long Island City
Newark City 78 long
do
Water 7s, long
Oswego 78
t]13
t:oi
CITIES.
tios
.
50
lOlJ.^
1004,
tn3
78, gold, 189'J-I910..J.&J
J.&J
7e, gold. 1901
lOe, pension, 1894.. J.&J
108
111
tlOK
tioSM
I
1
115
f rice nominal.
I
43
70
46
lOOW
Georgia 68. 1878-'89
80
S. Carolina con. 6s (good;.
85
Rejected (best sort) ..
Texas «8, 1892
M.&S tl02
.
}....
Ist
coup.
C
noo
1-107)^
.
188.1-93
Poughkeepsle Water.
Rochester C. Water bds..
Toledo 8s. water, 1894-'94
Toledo 7-308
Yonkers Water. due I9M
I
113.^
with coup, ctf^
do
do 2dmort.,7s.l8Sti.
with coupon ctf'..
do
Inc.
do
cp. No. li on 191t;
h~M
103
104
do Inc.cp. No. 16onI9ie
H1»B »5V^ Penn8ylv.inla Kil—
tlOl
PIttB. Ft. W « Chic, 8t m.
107*j lO^IX
do
do
^dm..
106J4
do
do
3dra..
2d mort,
m.78,SF.
CCC.&lnd's
lllMi...
100
..
luSMl...
106
Miss., consol. sink, fd
do
I06M
cp.gld.bdB.
reg. do
1st
78,
7s.
7s,
consols. A..
B,5s
110
103
108
6s, various
Indianapolis 7-306
18tm.76
Ohio &
.
N. West. sink, fd
int. bonds
Peninsula, ist m., conv.
Chic. & Mllw., Ist mort.
Syr.
114>^
1032
La CD. 107 108
lstm.,L&M... lOOH VMh
&
^blc.
108V(;
8iS
70
64
mort.
STATES.
no
1.1st.
Hartford
m. 8b. 882. s.f.
equipment bonds.
1st
(Brokers' Quointiona.)
Alabama new
CITIES.
do
112« 113Js
68, 188;!
Miscellaneous
Detroit Water Works 7s
Elizabeth City, 1880-1905
.
114
l8t78,|g,,K.D
lat m..
iba
bonds
10B9< lOBJi
do San Joaquin brar.ch
do Cal. & Oregon l8t
91Hi 92>^
do St'ite .\Id bonds
'93
do Land Grant bonds.
102
"Western Paclttc bonds
103
Southern Pac. of Cal.. Ist m
Union Pacific, Ist mort. b'de 101% 1061^
Land grants, 7s. 104%)..
do
Sinking fund... lOOKiloO^f
do
102Xil03>i,
rtclllc R. of Mo., I8t mort..
2dmort
do
|100
Income, 7s
do
IstCaron'tE
do
»i]4\
South Pas. of Mo., Ist m
Kansas Pac, 1st m. 68. 1695.. {109
(10
with coup. Cifs.|{103
lOlM
do 1st m.. 68,1896
{UO
Willi coup, ctfa
101
do
do iBt, 78, Lea\en.br.,'9t
withconp clfs
"it
do
do lBt.T,K.&i,.».l)'d.'9J {85
with coup. ctfs...
Ti% 74J4
do
%Wi
!
ChJklll.&St.P.'.Btm.Ss.P.D
id m. 7 3-10, do
do
UOM
no
Ist.
—
Faclflc RailroadsCentral Pacllic gold
271^
I'.m 116
Ch.Eli.I.&P..8.f.lnc.6s,'&5.
68, 19;7.
6s, 1917,
111
Ist
do
do
North Missouri,
HH
coup..
reg., Ist.
coup., 2d.,
reg., 2d
Sontli^ii Securities,
mort {100
ex coupon
sewerage
78, water
78, river improvem't
Cleveland 7>', long
lis
Cons.
Cons,
Cons,
Cons,
Harlem,
109
La. &Mo., let in., guar.. }100
8t.L.Jsck.& Chic.lBtm. tlOox
CWc. Bnr.& Q. 8 p.c.lBtm ni« 112
do
do
registered
So.
'5
So. Iowa, Ist
.
107^
6s, 1887
do
6s, real estate..
do
68, subscription.
do
Hudson,
ist m., coup
&
do
Ist m., reg.
do
do
Hudson R. 7s. 2d m., s.f., 188:
Cinuda Sonth.. iBt guar.. ..
70
88
iS'
new bds
Nov.,'77,cou.
do
Han. & Cent. Missouri, Ist m
Pekln LInc'ln & Dec't'r.lst m
Western Union Tel., 1900, cp...
do
do
reg
do
do
do
Lake Shore DIv. bonds
N. T. Central
2S
3tf^
Is m..
ua-. ...
Ash., old bds
New Jersey Southern
Railroad Uouds.
P^-ices.)
—
&
&
Albany, N. Y., 68, long
Buffalo Water, long.
Chicago 6s long dateB
{2
108
do
do
18
Mariposa L. & M. Co
do
pref
do
Ontario Silver Mining....
&
1S66
186*
do
(S
ex mat.
107M
88
t24
Marietta * Cln. 1st mort
Mich. Cent., consol. 7s, 1903....
...
,
&
do
do
30
25
Consolldat'u Coal of Md
Cumberland Coal & Iron.
Maryland Coal
Pennsylvania Coal
Spring Mountain Coal....
Boston H.
do
^^. „?>?
consol. bonds
do
(^Brokers* (^uotatioits.)
& Erie, new bonds.. lo«k
103
& State Line 7s
Kalamazoo * W. Pigeon, ist 100
107>^
Det. Mon. & Tol.,lst 7b, 1906
do
do
127
Atlantic* Par. Tel
Exchanae
new bonds
do
mtscel^ons Stocks.
(Stock
89)^
Tol. sinking fund.
do
&C
lVo'!<
Buffalo
Buffalo
1
. .
pref
do
d>
BellevIUe&So. Ill.,pref.
St. L. I.Mt & Southern...
United^. J.U.
&
Cleve. P'vllle
DO
100
.
Kome Watertown & Oar.
Alton & T. H.
St. Louis
Terre
Cleve.
leb
do
guar.,
110
Clty.Ist m.
2d div.
do
do
special.
Saratoga
1P85<
conv. mort.
-
ibu
107
loSM 110
Cedar F. & Minn., 1st mort..
Indlanap. Bl. & W., 1st mort..
.
Cli.,
do
&
{1I3« 105
Dubuque & Sioux
Texas.
St.
W. &
do
B^ntselaer
new bonds,
101
10 ^
1831
1886
. .
,
ei matured coup
consol., 2d series
deferred bonds
D. of Columbia 3-65s, 1924.
small
do
8V.;
&0
Illinois
.
2d mort.
do
do
Lake ShoreMich S. & N. Ind., S.r., 7 p.c,
N. Y. New Haven & Hart.
Ohio & Ml«'elBs'ppl,pref
FItta. Ft.
6a,
«8,
8b,
6b,
68,
58,
Special tax, Class 1
Class -4
do
do
Class 3
do
lOt
105
E, Ist, m., 1916...
Illinois
"iH
&
&J
& O....
68, old.
$3,
series.
6b,
6a. old
'90..
o?« Han. &
Louis
YorR Elevatea Ktt..
Nashv.
...
30
40
40
32
186fi
new
new
Virginia
1S66
do
1868
.lew bonds, J. & .J
do
A.
Ohio 6b,
f
do
103!.^
act,
i8S9, J.
1389, A.
Non-f undable bonds
2(1
oc
Missouri Kansas
^<>i^
105
108
do 2d do 7s, 1879
7b, 1883
do Sd do
do 4th do 78,1830
do 5th do 7b, 1888
do 78, cons., mort., g'd bds
do Long Dock boada..
84
pref
Cleve. Col. cm. & 1
Cleve. & Pittsburg, guar..
Col. Chic. & I Cent
Dubuque & Sioux City.
Brie pref
Long
fVLniiae act,
10.1
«4
...'
,
2»3
T mnesaee
do
do
74
74
54
54
J
do
.. ..A.&O
do coup, off, J. & .J
do do off, &..& O
101>i
i>8.
7b of 1SS8
7M
A.& O
N.C.HU
J.&
do
Erie, iBt mort.,
Albany & Susquehanna..
Island
LandC,
Land C,
:2i«
6a,old. J.ds J..,..
wi\i
i04y
Funding
121
121
.
CaroUaa
Jan. »fc July
April & Oct..
\
Vorth
Carolina
20
75
104
:i>nth
Ask.
108
I
{Aciivepre'i'uHly g^ioVd.)
Harlem
113
113
1687
Bid.
6b, cp., 'B3-J
RAII^ROAO AND MISCELLANEOTTS STOCKS AND BONDS.
Union
moit., fciCt ^ov..'i7,coui,.
Logansport *8...
Ueus. & baratcga, .Btrerf — 115
^m
Un. Pacific,
Br, 6b, g.,
extended
{UOM
yulucy <» Toledo, Ist m..
Kailroad Slocks.
Chicago &
do
reg
R<iode Island
do coup.. 3887
do loan... 1883
do do .1891
1893
do do
do
do
.1833
«s,
5b,
...
101
103
103'4
go!<l,
83,
6s,
5s
Tl«
.
Burl, C, Rap.
lie,
.,
....
60
'I
8KOUEITIH8.
N
New
York State-
50
do
BBOURITIBS.
Ask.
50
50
60
50
50
8b, of 1910
do
78,conBoUdated
do
7s, small
do
1873-79
6b,
Mlchlg jn
do
7b. 1830
do
Missouri 6b, due 1878
18Saor'83....
do
do
1386....
do
do
1817....
109
do
do
1838. ..
do
do
do
1389 or 'QJ....
do
lu2«
Asylum or Un.,due 189^
FandlUE. due 1894-5
Han. fc St.' Jos., due 1886.. ..
do 1837..
Jo
20
Ft. S. iBf
Is. L. K.
L.R.
;3 MsinphlB
7b, !u. S.r. B. &N.(>
K.
7b, Miss. O.
Cent.
BR..
Ark.
78,
do
do
Bid.
6s..
6s,
6b,
new
new float' J? debt.
do
do
da
do
do
1886.
ArkacaB 68. funded
do
do
L^alslaaa
42H
18S3
1868
Ssof 18K
Ssof 1893
lo
BKOURITIf S.
8k.
Bid.
AlBoama
'
.
.
1
tHTODBR
THE CHRONICLE.
1878.J
5,
.
NEW YORK LOCAL
Bank atoek
353
SECURITIES.
asaraae* atoek
Llat,
tqaOUtlOm
l)T
Lla(«
K. W. H>II.»T. l»fO[Mf.7 PlB« «tf«(M
^
CiriT«i.
OOKrAIKM,
Mkrk'dtlittx*)
«r« not N»i'l.
Amcrlci'
|lro»lw«y.
/Ktna.
•J-.i
Anilijr
..rfM).IKK)
Ctl>llii|-n
«•
^.W.Onn!
ion
Hoo.mxi
C1IIZI.-I18'
«i\ OOO.tll..
iroil. 000,0(11
IHIO.OOd
.
Citizens'.
."Kl.OOO
aoO.OOO
Commercial
1(10,000
Continental.,
llih \\itra\..
ruih
Avenue*
Klmt
tuHin
Am.*.
iiii!.;i
700,000
£00.000
800.000
»00,000
ICO.OOO
HOO.OOO
Kxcll.'
<.irni.Mll«*
(ireoiiwlcli'....
Ill
Urand Central
Orocora*
HrtnovfT
Ill
Tratlora' 100
._ BO
.V
;.
Irv.i,^i»
City
.1
II
It
1..
.
.
M.ir.ii..
.\1
irk.
t
Mir'i4.|lcii'
.Ml ill
M...
M
a.'i
A
Tr.
nil)
I
.Mr. hint.'.
..
M.-rriimilii'
Ex.
mi'lmii.
1.-
1
M.:ria\ lli;r
Vor*!
^, V. County.
I'l..:
W17.701.
..•
I
Sl.Tih
4fl,Kn0 .J,& J.
Slate of N. Y.. 10O
.SIMI.OOII
i9j.iioo:m.&.n.
1.0 o.nnii
Tr«.l..Riii,..i-M.
L'uii);i
I..
nil.
j.J.A.I.
Veslbiar-
date Sept.
column are of date June
this
Inly. '78.
Ju y. '78.
.
Gail
and
CItjr
Par.
Brooklyn Oaa Light Co
Clllreni'OaaCo (Bklyn)
do
(tertuicfttes
Bariem
2S 2,000,000
20 1,200.000
.
do
certitlcatea
Mutoal.N. V
do
bonds
IVasaau. Brooklyn
do
Ncrip
Hew York
,
29
Va
New York
Metropolitan. Brooklyn
UuDlrlpal.
.1t.<t
,
lit inortRage
Ave— alii..
l«t m.iriffaKe
Broil W'; II 0»t£/— stock
Is' ii...rtt?fta:e
Bro'rhcii'/
BntolUin
I
.t
Brooklifil)
—stock...
HnnUr'K rt—stock.
lit niort>fai<e bonds
Ar>. (C^A-.'un)— stock..
\,tnirrtl /'I ., .V.^ K. tiirer—mti.
Smhwick
CouHiihilitcd niortfEHgebon.'S
Dru Ijn. k. E. B. <f»«(<!r^-stk.
cons^d
Biffkth 4r«nr(«— stock
1st in.irtzrtg..,
1st mort.;ft4;e
id.si. .t liriiwi St
'
terrg-itock
''on-
Var.
50
60
Var. 1,000,000 ).« J.
100 1,000,000 U.AN.
100 1,500,000
stock.
...
100
900,000
1,000
691,000
100 2,100,000
1,000 1J500,000
10 2,000,000
1,000
300,000
100
200,000
100
400,000
1,000
300,000
100
.'y)o,ooo
100 1.800,000
1,000 1,200,000
100 1,200 000
5004c
900.000
100 1.000,000
1,000
203.000
100
748.000
1,0(K)
S.'M.OOO
100
600.000
200,000
250,000
1,000
Bn
In
.
^
1(1
:i
.;
t;;ugu
IcsnuA—Stock
i.irLc:a(r«
Cm
Kxti
(.
1.000
Cunver^lJlc
Ion
1,050.000'
stock
-ViMk.'.!!!!"
•)• y.
viay, •;s
J.4J.
(J-J.
J.&D.
Q-F.
M.4N
Q-J.
A. 4 0.
IJ'ly.lBOO
2« July, :73
June.^84
j'.'i'i'
Jtily! '78
40.
Q-F.
J.4D
J. 4 J.
1939
Aug.,^7S
.lu. e, 'OS
jn
Ja.
mIan.
NOT.ilioi
'>.
7.'iO,0(H1 M.4S.
JOO
1,000
4I.').000 J. ft J.
100 I2.0IX),000
.000,000 J?* J.
1,000
600,000 I * J.
100
92
H5
98
}?^«
110
150
.,
May,
90
60
100
83
101
88
102
110
Apr.,'9'J 105
I
L'
IQnotatlons by
NiiB York: ^
Water stock
'si's18S4-87.
do
Crotou waterstock..l84Wl.
..I35'i-W.
do
do
CrotOD Aqned'ctstock.lSflB.
pipes and mains...
do
reservoir bonds
\o
Central paik bonds. .ISSMJ.
--ISliS^Sno
do
IfW.
Dock bonds
do
;iJ-!5- ,~,^
Market stock
rlow
stock
ImprDvement
....1869.
no
do
var.
ConsollJated bonds
—
var.
var.
Street Imp. stock
do
do
New Consolidated
Westchester County
Feb.,
8
«
6
7
6
IM
Ih3
leo
ISO
130
7
80
60
B
B
9
6
t,
65
110
i;o
113
120
210
210
106
180
IIS
no
no
180
80
70
80
6
96
IKS
110
Wall Street.
1
PlIOH.
Bonds
8
6
May Aag.4 Not,
do
do
do
do
do
do
do
do
7
6
do
do
7
^7
101
187S-I(«5»|I00,^ 108
1«78-I8»0|in0
May 4 November.
lIOIK
1890
IA8S-1!«0' 103
1884-1911, 104
1S(»4-11!00'H5
1907-191 lljW
1878-1898.101
1877-1886:102
ll*
1001
May 4 Novcnher.
1804-1807,
do
do
do
do
do
January
do
6
7
do
do
do
do
do
Ask
Bid.
dne.
May 4 November.
Feb., May Ang.4NoT.
io
do
10«
lOBX
lOS
117
108
103
07
117
100
19
lOB
jo;
18M
"J
«
W80
:u
1879-1880 Jl2
1«W
4 Jnly.
1806
OH
w< lOB
I
KB
I;
8
100
117
I
do
[Quotations by N. T. Baina. Jr., Broker. JH wall
flroollj/n- Local Impr'ein'l—
U
10
95
100
Water loan bonds
do
do
Park bonis
•All
Ills
illO
July, '90
1
Bmokiyn bonds
U«»—
IMRl-IMS 100
!ttIB-I9'/4 Mffili
19UH
[116)1
ivis
'04
113
1»
IS
n«r"
iflnx-iuos iBi^ll
ilKUl
-IN(i*.
flat
"iQuotatlooa by C. Z>»iii.»i».
Jersey
at.)
187)^1880 101
Mn
City oonas...
Kings Co. bondi
80
I
do
do
do
do
do
do
* NoTonber.
do
4o
Jannary * Jnly.
do
do
do
do
do
do
do
do
-
..
do
P.rk bonds
82« 88
88
60
^unarr4July,
City bonds
115
80
105
<0
Months Payable.
Water loan
96
20
00
.*ng.,";» '.OS
€It7 Seenrltleo.
Dasikl A. Mobas, Broker,
I»T«KXBT.
BrKlKebonds
100
98
100
AUg.,'7-t 95
VI r. •OS 100
1105
2.'>0,000
1.000
lust olvldend on tuck; bat U>« dtte ol uaturitr ut l>«nj«.
I
'T7.
•TB.
'78.
,
lltO
t Ino""''" Sj
• Over all UablllHes. Including re-lnsarance. capital and "(srip.
Figures wlih a minus sign before them show that the comeaay
Impaired to that extent.
l.SO
40
80
Jnly,
July,
«S
140
scrip.
102
•81 100
•78 115
.luJvi "94
Apr., '18
Apr , 'SJ
May, •SS
ort., •»(
May. '77
lufr, '901
'78.
^0
ISO
110
S8
100
80
y, "TS
J.4J.
M.4N.
A.40.
M.*N.
25
98
70
Auir., '78 160
Nov., •so lot
Ju'y, '78 183
Oct., '76 76
1888
J.
90
50
uo
•78l..
7
miUamsb'g C
73
102
TO
83
90
100
la
97
Itti)
«
Aug., '78. 6
July, '78. 7
July, •TU. 6
July, '78. B
Aug., 'Tf. 5
Jnly, -TS.IO
Westchester, .,
lO'i
»H
75
A OK..
Ji.ly. '78.
170
9S
85
to
80
ISO
July, ^78.10
July, '78. 8
80
Aug., '78 _3
Inly, •THA-ti 117H 1«8
106
July, '78. 5 ;100
Uutgera'
Safeguard
187
Broadway.]
IWVuly.
200.000 A. 4
tOOftc.
This columoalio» s
145
100
800
60o,aoo'J.* J
100 i,i»».80o:q.-k.
1,000
130,000 (£.*0.
.
..
65
97
80
155
A.&u
by H. L. Gba.\t. Broker.
FuUonterri/—ili..
BrondiBUif .€ Seeenlh
.
IjOOO
certlflcateB,
scrip
Btucktr
150
;
100
10
bonds
[(Jnotatlona
140
'>l 55
I
1,000
WUllamjburg
do
Vr.
100
teople'a (Brooklyn)
Central of
SiO.OOO
100
Metropolitan
do
do
'-.»
,
.July,
50 1,860 (WO rf'.AA.
20
38 ',00(1 1.4 J.
50 4,0()0.(X)0 I. A J.
lliinhaitan
do
do
Apr
Var,
Var.
Apr., '78! VO
Feb., '7» 40
July, •78 140
June, •711100
UK., •78 120
2.500.1KIO 4.&S
^"g-, •78 100
l.OOO.CHX) M.4S
Oct., 78 X7G
5,0O0,(HlO Quar.
93
1,000.(X>(> F.& A. s»<gL.
3
60
July
Var
1,0(X1.(KJ0
May,
90
700,00() M.«N.
May,
75
4,000,000 M.&N.
SO
Jan..
1,000,000 J. * .1.
90
825,000 M.AN.
Tu'vi
SB
300,000 J.&J.
Aug.,
460.000 F".* A.
)u y.
80
1,000,000 Quar.
l.COO
A Hoboken
Jerfey City
Ask
IBO
123
108
loo
Jhu., '77. 3H
July, in. B
Jnly, "78. 8
Stuyvesant
Bid.
80
B
6
.Inly. Ii'.
Ju y, fi.
Standard
Period,
100
B
"Tit.
ISO
103
I
July, •TS.IO
July, 1». B
July. '78.10
Tradesmen's....
United States..
6ab Compakiss.
y,
Oct
Star
Sterling
[Gas Qnotatlona by George H. Prentlea, Broker, SO Broad Street.)
«o
8
July, ^78. 8
Jnly. '78.10
July, '7H. 3
July, '78.10
St. Nicholas....
Railroad Stocks and Bonds.
as
B
Inly, •TS.
Republic
for the Slate banks.
;!1
60
no
107
Jnly. '78. S
July, -TH.IO
Jcly. '71.10
Inly. ^78. 5
Keller
for the National bankB, and o'
136
97
July. '78. 8
Produce Kxch.
li9tb
7H
^78.
.
Jn
Kldgewood
The ngures In
i
uo
3H
V. ^78
I.orlTlard
Peter Cooper...
People's
Phenlx (Bklyn)
30B,)0P .1. & J.
«U4.aO» -M.&N.
78,2001.).* J.
u
ISO
190
TI. 8
Lenox
Long Isl.(Bkn.)
Niagara
North lilver,.
Paciac
Park
yiHI.IKIO
no
ao
no
'""
July. n». B
New York Fire
N. Y. * Boston
New York city
1110
TnirJ
Jau
Ju
Merchants'
Montauk (Bkn)
Nassau (Bklyn)
National
N. Y. Kqnltahle
243.800
142,300
141,700
4,100
316,100
162,000
49,100
61,100
20 1,500
B
Juiy. •78.10
Mech.4Trad'r«^
Mech'Ics^cBkn)
100 200,000
K.'i.llMlii
100 1,800.00
St. -Nkholaa... 100 l.OOO.nOO
SercQth tvard. 100 300,000
Second
100
300.000
Shoe & Leather 100 i,0(K).noo
:-
T..
Mercantile.,
164,400
6
B
•78.
6
5
3
J'.ly. '78. B
July, '78 B
Jill«, -78. 8
July, '78. 5
vept. •;» 8
.Manur.4 BuUd.
.Manhattan
S. V. X. Eicll loo; 300,0lKI
Ninth
100
750,000
No. America'.. 70 "011,000
North lilver*.
60 240.000
Oriental'
25 300.000
Pacnc...
BO 422,700
rarH
100 2,000,000
25 412,500
rv';;?:;:;::. 20 1.000,000
y. '77.
l:IO
Inly. 1H.
Kings Co.(Bkn)
Knickerbocker
Laiayette(Bko)
Lamar.,
20(>.0(XI
60
7« 1»
•78.
•Inly. '78.
Inly. ",H
Jefferson
'10(1
I10(
....
lmporters'4
Irving
I.OHO.ItilO
New
DO
JIO
, „
Ian..
Howard
111
..
NaesHU*
106
S
Aag.'7K. 8
iu y. -78.
July, -78.
Hope
.VI l.lK^I.(h)(l
laa
IBS
im
V«»)
'To. B
'78. 7
Inly. '78. B
'my. '78, 7)t
Home
..
1
l»
lis
July,
July,
Hoffman
.;;.-•.
.M..;r..l.
iw
M>
'^H.IO
lu y, -78
Hanover
fO! SOO.OOO
23 000,000
100 1.000,000
noa.ooo.tton
,\S30C'I1.
ii'..-s
I.
170
Jan., ^77. 8
J"
July.
Guaranty
Guardian
HajnIUou
a.oiio.ooo
B
17
Flremen^s
Firemen's Fund' 10
Firemen's Tr .. 10
HTanklln
Oermanla.
Globe
so ti,iaa,ooo
20
100.000
100 400,000
100 1.000.000
,•!••. "17.
July.
Greenwich....
ro
...
B
•'nly. '58.
Oerman-Amer
500.000
100,000
600.000
•
60
I, .100.000
Manuf. 100
.
iian".
.\lii)..;l. Jc .Mcr.*
M.ii'i.
City..
1.000,000
IM
'7M.6-7*
-.H.
nly. •77.
Apr.
Kniporlnm...
Kzciiange
Farragut
l.flOO.OOO
(inllntlii
(i
I. .'111.
Kmpire
m
July. "7". d
Jn'J. '78.6 78
.
Kagle
ISO.OOO
100,000
soo.oou
3,S0O,0O0
600,000
Kotirlh.
«»«.
Joiy.
I*
MO
4
AUil ,^7m.I0
Ju'y. '78.10
July. Td.io
.
city
Clinton
Columbia....
'.'ommerce Fire
."lO.ooo
'77
,
•fn'r ;7». B
Jane. '7^.10
Ilowery
Broalway,,,
Brooklyn....
ChemU-a'
..
Jan
Allautio
100 [£.000.000
10(1
300.000
Cenlril
tlu^r
Fifth
•Joir. •«. ft
Jnly 78. iiu
'ir. •7«. 7
u'r. >. B
..,
American
American Bzcb
.
4 Dr.
City
r»tam.
Aak.
AdiUtlc.
..
Alll.KxrtliTiK.
Bowery ...
HiilrluTi
DiriSB>i>«.
,
Wtiei loan, long.. •; !=!•••
IWP-Tl
do
lOO
Sewerage bonds
AMOssment bonds ...1»J0-T1.
Improvement bonds
<
Bergen bond*
•
41
Monlgomery
St..
Jeraey CKy.l
1886 Itot ]vm
January 4 July.
inau iiaisiorwiKMi
Janaary * JBiy.
101
18Tdo
do
101
Jan.. May, Jnly 4 "OT. If.:107
1.S
J.4 J.aad J * D.
Ivuu
;(M
IM
July.
and
JanuerT
1
:
.
.
.
THE CHRONICLE!
354
[Vol. XXVII.
have been put in the track, and the ditching and ballast kept good.
As compared with the preceding year, the tonnage hag
increased 5 36-100 per cent and the rates decreased 1 75-100 per
cent 41,000,163 tops were carried one mile at the average rate
%nvit^tmmt$
;
STATE, CITY
AND CORPORATION FINANCES.
The Investors' SUEPLKMKNT
published on the last Saturday
)g
of each month, and furnished to all regular subHcribers of the
Chboniclb. No single copies of the Supplement are sold at the
regular
office, as only a sufficient number is printed to supply
Bubscribers. One number of the Supplement, however, is bound
np with The Financial Review (Annual), and can be purchased
in that shape.
ANNUAL
REPORTS.
LouisTille & NasUville.
(^For the year ending June 30, 1878)
In advance of the full annual report the following important
figures are presented
$18,494,230
The bonded debt, as pet last report, was
Cecllian branch mortgage bonds issued daring the year
1,000,000
of 1 68-100 cents per ton per mile, against the rate of 1 71-100
last year.
As compared with previous year, east-bound freight increased
11,310 tons, and westbound 19,117 tons.
549,587 passengers were carried one mile at the average rate of
2 67-100 cents, an increase of 8-100 in the rate over previous
year, and a decrease in mileage ot 15,277.
Our relations with all ot our connections are harmonious.
Our earnings for the coming: year depend largely on what the
trunk lines may do to establish and maintain fair rates. They
own and control so many extensions through the West that
almost absolute power to build up or destroy is in their hands.
have good crops, and our local business will be good.
beobiveb's fropit and loss account poe teas bndino jtjnk 30, 137S.
We
Dr.
Operating expenses
Or.
Bondinterest
ac'cts charged off ..
30, 1877
$194,007
Earnings
43,191
3,5J0
391,287
Interest
Sundry
BiWuce June
$771,506
Taxes
1,309,087
Total
$1,503,094
7, I31
Balance
283,423
$17,484,330
Redeemed M. &0. R.R. income bonds
Redeemed mortgage on main office, lot
Redeemed M. C. & L. mortgage bonds
In this
iB
TOTAL BIVENTTB FOB TEAB3 ENDING JUNE
10,1*00
3i,010—
included city of LonlsTille bonds, without mortgage
43,510
$17,440,720
850,000
$ 16,590,750
have also reduced the bonfled debt of the Nashville & Decatur Railroad Company by the payment of twenty of its first
mortgage bonds into the sinking fund, and the bonded debt of the
South & North Alabama Railroad Company by the purchase of
f 68,000 of its sterling bonds for the sinking fund.
In 1873-73, the fiscal year previous to the panic, the gross earnings of the various lines operated by the company were $6,106,051
and the net $1,484,047 in 1873-74, the (jroBB earnings were
$5,510,095 and the net $1,565,383 in 1874-75 the gross earnings
were $4,863,873 and the net $1,683,133 in 1875-76 the gross
earnings were $4,961,490 and the net $1,967,960; in 1876-77 the
gross earnings were $5,315,336 and the net $2,140,55 0, and in
the past fiscal year the gross earnings were $5,607,598 and the
net $3,344,343, or $860,195 more than in the year preceding the
We
;
;
;
panic.
net earnings of the Lonlsville & Nashville Railroad proper for
$1,708,675
the past year were
1,0!!4,°284
The interest on the bonded and floating debt of same
The
Showing surplus earnings of
$681,391
Semi-annual dividends of 1^ per cent upon the capital stock have
been declared, amounting to $370,174.
NASHTILLB AND DECATUB OAILBOAS OOUPANY.
The gross earnings were
$737,766
Operating expenses
The
$
Increase 1877- 78
ville
37,«44
26J.845
$74,799
and dividends for which the Louisville & NashRailroad Company is liable have been paid, and are as
interest
follows
:
Interest on bonded indebteduesa
Hire of engines and cars
81,253
25,531— 514,766
do Continental line
Express
Malls
Rents and miscellaneous,...
31,142— 493,981
477,663
180,007
23,428— 684,739
25,780- 633,470
24.162
41,331
46,209
42,499- 131,632
-
30,411
58,721
111,703
81,309^
Total
$l,81lia09
Operating expensesRepairs of track, incl. rails and ties. $167,363
"
bridges
35,952
"
fences
4,911
"
1P,7> 6
stations, bldgs, and fizt'rs
"
3,C73
water stations
"
locomotives...
33,654
"
passenger cars
26,76!
"
freightcars
40,238
$197,.367
.
Puelexpense
20,417
3,886
12,546
3,416
34,713
23.165
41,733
66,001
4,539
112,703
178,863
41,246
8,046
3,646
2,787
8,714
78,515
4,875
115,603
Pumping water
Passenger expense
Freight expense
General expense
Telegraph expense.
Stock killed
Lost and damaged goods
Insurance
18.5,825
39.168
8,868
799
4,263
3,571
damages
Union Depot expense, Indianapolis.
Gratuities and
780
2,669
10,800
Total oper.expen., being 59 14-100
and 53 93-100 per ct. of earnings
Net earnings
Deduct for taxes paid during the year
9,000
775,426
771,506
$535,783
$537,580
43,191
44,973
$190,309
Net earn's after deducting taxes.
$494,383
Since August 1, 1876, this property has been in the hands of a
Receiver appointed by the United States Court. Certain maturing coupons have not been paid, nor entered upon the company's
books as a liability. A balance sheet in form can not, therefore,
be given, but the following is a correct statement of liabilities to
July 1, 1878, including coupons due on that day:
LIABILITIES.
34.(^82
98,5:3
Capital Stock.
Indianap. Cin.
-
The amount charged
$54,906
to the construction account of the road
d'aring the past year was $21,966 ; during former years, $361,159
making a total of $383,135, which is to be re-imbursed at the
end of the lease.
—
SOUTH AND NORTH ALABAMA BAH-ROAD COMPANT.
'The result of the operation of this road during the past two
years has been as follows
:
1376-77.
Gross earnings
Operating expenses
Net earnings
Interest paid on bonded debt.
Hire of engines and cars
1877-78.
$758,682
560,825
$844,688
551,0)9
$1 97,856
$293,643
$345,930
74,)66—
Deficit
4J0,397
$126,748
45I215
62,666
95,055
preferred, issued to W. A. Booth and Geo.
exchange and to be exchanged for funded
Bliss, trustees, in
337,641
of
& Laf., common
do
do
$262,737
Net earnings
1878.-*
$331,539
47i.l05
186,206
$149,501
Dividends on stock
Showing a surplus
$401,2SJ
87,972
Freight, local
do foreign
AND 1878.
^June " 30,
30, 1877
30, 1817.-,
^June
Prom—
Passengers, local
foreign
do
Conductors' collections
400, 1 1
Net earnings
net earnings last year were
The
$1,503,094
Total
$1,500
ftnd bailding
$5,587,150
debtbonds
Cincinnati
1,419,300
& Indianapolis
Less owned by
[.
C.
$43,330
£ L. Co
25,350—
18,000
$7,024,450
rStndea Debt.
I.
C.
& C. bonds of 1858—1st mortgage
& 1. bonds of 18B2—1st mortgage
$l,6W,CO0
499,000
1867—2d mortgage
do
Less In company's possession'
I. C. & L. bonds of 1867
Add for unpaid coup, on same with est int. to Ju'y 1,'78.
Equipment bonds
$42.3.000
79,000
Less in company's possession*
Add for unpaid coupons on same
Fund. coup, bds from C.& I. mort. of '67, & I.C.&L. of '67
Less in company's possession*
$1,501,000
4,000—1,497,000
2,800.000
810,663— 3,610,663
—
Total prior liens
I. C. &L. bonds of 18S9— 8d mortgage
Less in company's possession*
344,000
22,200—
366,200
149,550
24,00S—
125,650
$7,698,413
2,000,000
233,000
"
Amount advanced on construction account
Sixty-eight sterling bonds,
Advances and interest on old account
$1,767,000
320,750
Add funded coupon bonda from same
$2,087,760
Total amount advanced during the year
$329,636
Indianapolis Cincinnati & Lafayette Railroad.
(For the year ending June 30, 1878.)
The report of Mr. M. E. Ingalla, Receiver, has the following
The gross earnings have been $1,309,087 the operating
Add unpaid coupons and
Bills
payable of old Co.,
interest estimated to July
call
1.'78.
371,841-2,459,591
loans and receiver' certif. of indebt'ns
Due sundry persons and accounts payable
$10,158,004
275,429
353,061
:
;
leaving $494,388 as the net,
expenses, $771,506; taxes, 43,191
an increase over last year of $3,578. There has been no conBtruction account, and the entire expense of steel rails, renewals,
new side tracks, court expenses, etc., have been charged to operating expenses. This has carried the percentage of operating
expenses up to 58 93-100 per cent, and it has been kept at that
figure only by great economy and with the good fortune of having no serious accidents or wrecks. Twenty-three miles of main
track have been renewed with steel rails, making 91^ miles now
laid with that material. Eighty-five thoasand new cross ties
;
Capital stock (as above)
Total indebtedness
$17,710,945
These bonds are pledged as collateral for Company's debts.
Note.— On the books of the company, the Street Connection Railway IB
Cincinnati, which is owned jointly by the Little Miami and Cincinnati &
Indiana Railroad Companies, appears as an asset and a liability to the amount
•
& L. Kallroad Company Is liable for 40 per cent of whatmiy be in the earnings of this Street Connection R«lway. towards paying six per cent on $525,000 bonds issued bv the Little
Miami and C. Jt I. Railroad Companies for bailding this Connection ti«8k,
and secured by mortgage on It.
of $26J,5f0; the I C.
ever deficiency there
:
GCTOBltR
5,
THE CHRONICLE.
1878.]
Northern
(
For
the
Pad He.
year ending August 31, 1878.)
;
three-quarters of a million
ales and receipts:
acres, as per
Ltnd Mle*—
InMlnneaou
In DikoM
following details of
For
Acres.
In TiciAc diTltlon
„
355
the reorganisation of the compaoy, aftsr dadnctlos
The aoDual report of this company furaisbos tbo following:
LANlt DKPAnTMENT.
Tb« operations of tliia department during the year have been
exeeedingly active the amount of land disponed of beln<( nearly
84,840
6«0.0ia
4,774
«,»74,71I
1S,38S
749,038
tS,379,48«
t88»,3S5
ezpsoMs, imregags
Which has b^sn •xpraded a« follows
For the retlmnmt of old cltlma, wcared by
orgaoliatlon
.
$)S,9M
386—
Paciac dlTlslon
lot
34,850
tiles—
13,408/!^
$5,830
Maiileton
ISO
8,685
CasMlton
Andnbon
Widens
ItO
421—
9,t45
$3,413,027
In payment of the above there has been received
»
Preferred stock
.
Cash and contracts
$3,8Sft,37e
53.650
$3,413,027
The absorption of Qovernment lands within our grant, daring
the year, has been even larger than the railroad sales.
During the twelve months ending with June last, the following entries were made in the Government land offlcea
St.Clond
DetMlt ..
Fcrgiu Palls
Entries.
907
9,450
J,014
Acre
3,9il
87,697
366,719
871,274
686,734
Bismarck
69
11,(;9J
Total
9,361
1,323,416
Parco, D.
;
T
These entries are made only under the pre-emption, homestead, and tree culture acts, all of which require occapansy and
cultivation.
In correction of a prevalent impression that capitalists take up
large areas to hold for speculation, we take this occasion to state
that the great majority of purchasers carry but the ordinary,
sized farms of from eighty to three hundred and twenty acres,
and that the average holding of all the purchasers who have
taken lands of the company is less than six hundred acres ;
while most ct the larger purchasers are cultivating on a scale
proportionate to their holdings.
The lands of the company in the Red River valley having been
mostly taken up, attention has been paid to developing the
upland prairies of Dakota and the lands of the Missouri slope.
The progress of the land department on the Pacific division is
not 80 satisfactory. Under the plan of re-organization, only the
lands east of the Missouri river were made exchangeable for
stock and the Pacific coast lands being nnder the treble disadvantage of cash sales, a heavy covering of forest, and comparative inaccessibility, have thus far sold very slowly.
The sales of
this year are less than 5,000 acres, and the aggregate sales to this
time, including all exchanged for bonds i)efore the re-organization, are only about 176,000 acres.
At the annual meeting of 1876, the stockholders instructed the
board to take into consideration the expediency and legality of
authorizing the exchange of the lands on the Pacific coast for
preferred stock, and, if their conclusions were favorable, to
report a plan for such exchange.
The board is advised that there is no legal obstacle in the way
of such an exchange, when properly authorized by the corpora;
and in view of the apparent hindrance to occupation and
improvement growing out of the present cash system, the net
results of which are insignificant, they now recommend that suitable action be taken at the annual meeting to anthorize such
tion,
exchange, subject to a small percentage of cash payment required
for maintaining the local land department of that division.
PACIFIC DIVISION.
The
outlays required during the past year for renewal of
perishable structures on this division have i)een large, aggregating about 120,000. In many cases, however, me work done has
been of a permanent cbaracter, w ooden trestles having been
replaced by solid embankments of earth and stone.
The gross
earnings of the division included in the general exhibits of this
report were .$123,878 and the ordinary expenses were $80,949.
The extraordinary expenses for renewals and improvements were
XARNIUGS ASD SXPENSE9 OF THE mWSKtOrtk AND DAKOTA DIVISIOHS,
INCLCDINQ TUE WESTERN HAIUIOAD DIVISION rROM MAT t, 1878.
Earnings—
1876-7.
1877-8.
5"'Kht
$817,550
$696,655
Passeneer
S""
SfP«*9
Mlscellaneons.
„ToUI
ExpenseOperatluK expenses
T»xe«
„
Total
J19,076
J9,118
8,4:7
19,653
850,567
89,508
$893,916
$l,atl,000
$487,539
$588,919
11,854
14,889
$498,794
395.122
$543,149
5«'<*™'ngs
«auo of expenses to eamlnfcs, Inelndlng taxes. .85
Kauo of expenses to earnings, exclusive of toxes.St
.
9.911
34,857
79-lf
51-100
riNANOIAI.
The statements of the treasurer, published with the several annual
report.*, show that the earnings of the road In
the three years since
477,851
63 80-ICO
51 8C-100
oamnMnm
" "i^mw-B
eollalarals
expmisM
and
- -umiry
mndrr
For conitmetlon on the branch llD*
For opening the ooal mines. Indadla'g the eoulmctioD or'eoti
."
8k»
".
y^
bnnltpts, machlnorr. *o
For constrci ting and renewing wharras at Tacoma..'.'.'," .'.".' .'.'!!.'."
For snow r.^nciug, raising track, tiding*, bolldlnga, aod oibsr In-
4I,IM
i*.aio
provemonts clMrgod conjtrnctlon on Dakota divltlon
ForildlngK, bulidiiign, anil other pi.'rmaneot Improvemenls ehairind
construction on M mnesota division
For do, Pacldc division
"
Fortaxet
For general and
legal expenses, tntsnst,'
inndrjr mltcellanooat i4iTmentt
Total
Timber sales—
Hlnnciota division
Town
Fmro
„
:
tt,4W
ft'SS
M.718
MMfrspbi'nuTtni'aiid
.'
.,
TT,lir>
THE 8T. PAUL COWNBCnOIC.
At the last annual meeting, the labject of Mcaring the eomplation and useof a linoof railroad in the Mississippi valley, to connect Bralnerd with St. Paul, was submitted to the toekholdert,
and, by a resolution then adopted, the action of tha board. In
subscribing to a majority of the stock of the Weatarn RallroiMl
Company of Minnesota, organized to baild aaid road from
Bralnerd to Sauk Rapids, was approved and confirmed. The
board was also authorized " to lease said road when completad,
at a suitable rental, such as shall cover the Interest od the secarities issued to construct the same."
The road was completed and opened for traffic -in November
last, and was operated for account of ita owners until the first
day of May last, when It was leased to this company for a term
of ninety-nine years, upon an annual rental of thirty, five par
cent of the gross earnings of said Western Railroad for the Brat
five years, and forty p»r cent thereafter
with a guarantee that
in each year the rental shall be equal to the annual interest at
seven per cent on the outstanding bonds of said Western Railroad
Company; which bonds are not to exceed ten thoosand dollara
;
per ml'e of said road.
The operations of this branch are proving satisfactory to both
parties the thirty- five per cent of gross earnings yielding to th«
Western Railroad a surplusover the minimum rent named in tha
lease, and the sixty-five per cent yielding the Northorn Pacific •
surplus over the cost of running and maintaining the road.
The opening of this branch shortens the distance between St.
Paul and the West eighty seven miles, as compared with our
former route by way of the St. Paul & Dulnth road and enables
this company better to compete for the business of the Red River
Valley.
—
—
—
EXTENSION OF CHAHTEB.
The
charter of the company, as amended, limits the time for
completing the entire road and branch to. July 4th, 1879.
Although the company loses no rights by lapse of time, in tha
aDsence of affirmative hostile legislation by Congress; and
altiiough the recourse reserved in the charter in case the company
continues in default for upwards of one year is that "the United
States, by its Congress, may do any and all acts and things which
may ha needful and necessary to insure a speedy completion of
the same road;" yet it seemed important to secure the fixing of a
reasonably practicable time for the completing of your road
and branch, before undertaking to raise money for construction.
Your directors, therefore, applied to the first Congress that
assembled alter the re-organization of the company, and no opportunity has since been lost, and no pains have been spareid, ia
urging the desired legislation.
In the first session of the Forty-fourth Congress a bill passed
the Senate, but got no further than the House committee before
the adjournment.
At the second session it was favorably reported from the House
committee and placed on the calendar. But it was too late to b«
reached in the regular order of business, and the friends of th)
measure being unable to get it op, out of its regular order, it
failed to become a law.
Upon the assembling of the Forty-fifth Congress, your director*
again presented the measure, and exhaustive hearings were had
before the committees of both houses. A bill passed the Senat«
granting an extension of ten years, but containing some objectionable provisions. This bill went to the table of the House. An
attempt was made, near the close of the session, to take it op for
consideration and amendments, out of its regular order, bat the
required two-thirds vote could not then be obtained.
The House committee, after great delays, and hearing
protracted to a vexatious extent, by parties desiring to Bei»e tha
Columbia river portion of our line, lor the benefit of a branch to
the Union Pacific road, finally reported a bill, extending the tima
This bill went on the calendar
for constructing the main line.
of the House, and, not being reached at the adjournment. Ilea
over, together with the Senate bill, as unfinished buslneaa to be
considered at the next session.
CONDENSED BALAXOB tUET.
Dr.
Preferred ttock
Lear. Issued
•?1'9??'S2S
treasury ... .. ,•• ..•...•.••...•.••••.••••••"•••••••"••*'""!!ii
-•••
stock.. ••••••..•
•ff'Tii'SSS
Common
..»".
Lesslsucd
Stock of former orgnnlsallon nmenaereo
fl'SHii!}
rSS'SS
1,T*1,9W
•^SI
»,«»
^— —
SW»^CTI
"•"*•""*" aam»wia
•;_;••;
stock laaued t« parues to oompleia their Oflgual
subscription
-/•••i--ii
Common ttock Ittned for lost eerUflcates, stock of former
organization
Common
..*i»o««.
*'•""•*'- t^'S-I?
Firtt morlgsgo hondt, *c„ surrendered
••:
:
Interest on bonds surrendered
Preferred stock issued at collateral to notet given bv the compur.
Preferred stock is-ncd at Indemnity to snrctlea on boodt given
United Slates Uovernment
...........
Preferred ttock Issued for lott certlttcatet
Preferred ttock isaned for drat mortgage bonds atUched to nota*
of former organization, non-redeemed and returned Into the
SSI'SOO
w.»»o,isw
.,„,^
i,lw,7W
••^"'
THE CHRONKJLK
856
Preferred stock and ecrlp receWed on land salag to Ja]y Slat,
5,093,624
1873. and canceled
$19,464,189
Constrnction as per last report
124,461— 19,688.650
Conet ruction since last report
63,:i8.^
Tacoma collieries and coal wharf
2,038
Telegraph line, St. raul to SauK Kaplds
1,115,369
Kqiiipment
135,000
Trustees of land stocks
666,951
Connecting lines
$18,605,919
Lands, Minnesota and Dakota
6,110,466—33,725,406
Lands, Pacific
13,694
Coal land, exploration, and selection
27,601
Bills receivable and halances due the company
187,915
Shop material, fuel, &c., on hand
7^.773
Taxes, insurance, iiterest. &c., paid
General and legal expenses, rent, salaries, fuel, printingr. advertis47,8.28
ing, postaae, &c., for the year ending September, 1316
5'?,6.^5
Do., for the year ending September, 1877
7,3.663
Do., for the year ending; September, 18"8
1,047
Suspense
114,489
Cash balances in the hands of agent', &c
5,85?
Cash balances in the hands of treasurer
,
$151,51S,t54
Cr.
Capital stock
Assets acquired under decree of court
$100,000,000
44,9B8,370
Land receipts, net, to July Slst, 1878
Net earnings for the year ending September, 18T6
Net earnirge f^tr the year ending September, 1877
Net earnings to Jnly 3Ist. 1878*
Bills pay^ble, unpaid vouchers, and pay rolls, and
the company
5,046,6.36
283,718
393,0^4
499,419
debts, due
by
278,<"'ll
Claims against former organization, excess of col'aterals
Preferred stock, fractional scrip, due Kdwin M. Lewis, trustee, on
'15,355
his deposit of certificates of preferred stock
[Vol.
Central of New Jersey.— The so-called blanket mortgage of
1876 has been canceled. By this conveyance, the Central Railroad of New Jersey, to secure the payment of 5,000 bonds, of
$1,000 each, on September 1, 1876, mortgaged to Samuel Knox
and John Kean, as trustees for the Ijenefit of bondholder?, all
their franchises, rolling stock, depots, &c., &c.
alsa, 15,000
shares of the capital stock of the New York & Long Branch Railroad Company, par value $1,,500,000; also, 132,000 shares of the
capital stock of the Lehigh & Wilkesbarre Coal Company, par
value $6,600,000 ; also, 8,000 shares of the High Bridge Railroad
Company, par value $800,000; also, 2,001 shares of the Long wood
Valley Railroad Company, par value $200,000; and, also, 30,000
shares of the capital stock of the American Dock & Improvement
Company, par value $3,000,060.
;
Clierokee.
Ga.,
—This road
November
The road
is
is
• Net earnings to July Slst, 1878, as stated above
Net earnings for August. 1878:
Minnesota an d Dakota Divisions and Western Railroad
advertised to be sold at Cartersville,
under decree of the United States Circuit Court.
completed from Cartersville to Rockmart, twenty5,
three miles.
Chicago Burlington
& Quincy.— The
contract has been let
for building the proposed branch from Chariton, la., northward
to Indianola. where it reaches a branch of the Chicago Rock
Island
&
Pacific, the
work
to be
done by December
:
EARNINGS.
&
&
D.
M.
$191,918
210,747
D.
C. H.
$20t,12i
iiO,183
BirLings 1S73
Earnings 1871
&
C. R.
C.
S;4,i67
4'i,027
$499,449
56.71S
5,917
Pacific division....
rota! net earnings for the year ending Augnat 81st 1878
1.
Cincinnati Hamilton & Dayton.— Below is a comparative
statement of earnings and expenses of this road and its connections for three months ending June 30, 18^7 and 1878
4,337
$151,518,964
XXVU.
Increase 1673
84,510
H & I.
C.
81,557
Total.
$5I9,38«
535,615
$2,S99
$16, tail
t7H,ti67
$1,059
Decrease 1813
$18,889
BXPKNSBS.
$562,079
E!:pen«eslS78
Expenses
1877
J135,P69
$157,442
$35,4M
}!54,9ai
$)SV54
U0,i)73
135.038
27,9;b
62,749
385,4i!8
j;.334
$T,473
$4,703
$27,828
$52,674
$9,243
$J1,928
aENERAL INVESTMENT NEWS.
Increase 1878
Allegheney Talley.
—The following notice
DecrLasol878
is
dated Sept, 28
..~
:
"The fund
applicable to the pavnent of the interest due Oct. 1, 1878, on the
income bonds t>f the AUcgbeney Vnlley Railroad Company being insufficient
to pay the whole of such interest, the amount of the fuitd w.ll be distritjnted
pro rata, according to the terms of the bonds, allowing the sum of $12 50 for
each $36 coupon, and proportionately for vmallcT amounts, to be paid in cash;
and for the balance of the coupons, bonds of the same i^sue and scrip convertible into such bonds for the suras that may be duo k'ss than $i00 will be
issued according to the conditions of the bonds Coupons may be presented
at tlie office of tlie company in this city on and after Oct. I, where the cash
payments will be made, and on order will be given on the trustees for the bonds
and scrip."
Net increase 1878
Net decrease 18T8
....
$1,213
$C,4:3
$6,515
Detroit & Milwaukee.— The Detroit Post and Tiibune of
Sept. 28 says " Yesterday was the last day (or filing exceptions
to the recent chancery sale of the Detroit & Milwaukee Railroad.
No exceptions were filed thereiore, by virtue of that fact, the
The reorganization of jihe company
sale stands confirmed.
will now proceed in accordance with the plan previously agreed
:
:
upon."
—
Aslitabnla YoiingstOfrii & Pittsburg. The name of this
railroad has been changed to Ashtabula & Pittsburg Railroad.
'J he road was sold last month under foreclosure proceedings, and
at the re-organization meeting a new board of directors was
elected as follows: Messrs. Warren Packard, Henry Hubbard,
H. L. Morrison. A. C. Fisk, J. J. Brooks, C. B. Wick, F. Harrington, Geo. B. Roberts, W. S. Bissell,
Thaw, W. P. Shinn,
W.
Thos. D. Messier, W. Mullins. Mr. Warren Packard, of Warren,
Ohio, was elected president, and Mr. Henry Hubbard, of
Ashtabula, secretary and treasurer. The road has beea operated
by the Pennsylvania Company, and tlie probabilities are that
that company will continue to operate it.
Bostou Interest and Dividend Payments.— The monthly
statement compiled by Mr. Joseph Or. Martin has the following
in the bank dividends this six months are not as
many as heretofore, most of the banks having previously reached
hard-pan, very nearly. The Atlas reduces from 2^ to 2 per cent,
Boylston 3 to 2, Bunker Hill 4^ to 4, Eliot 3 to 2, Exchange 4J to
3, First National 5 to 4, Peoples 4 to 3, Second National 3| to 3,
and Shoe and Leather 2J to 2 per cent. The following increase:
Commonwealth to 2 per cent, Everett to 2, Fourth National
to 2, Hamilton 2 to 3, Metropolitan
to 2^, and Rockland 3 J to 4
per cent. Nine banks pass dividends. It is an encouraging feature of the times that some of the banks which were compelled
to pass six months ago are now enabled to resume payment.
The Revere Bank reduced its capital from |2,000,000 to
$1,500,000, February 1, 1S78. The Biackstone will reduce October
1 from $2,000,000 to $1,500,000, and the Merchandise from
$1,000,000 to $700,000, in each case redeeming, at par, one share
in four.
The Metropolitan reduced its capital July 1 from
$500,000 to $450,000 by charging of $50,000, then returned to
Bhareholders $^50,000, leaving the new capital $200,000. After
paying the Octob?r dividend, this bank will have a cleat surplus
of $15,368 it, with Government bonds at par.
Of the sixty-one banks within the limits of Boston, one pays 5
per cent, seven 4 per cent, two SJ per cent, fourteen 3 per cent,
one 3 per cent quarterly, five 2^ per cent, seventeen 2 per cent,
one
per cent; nine pass and four undecided, which renders it
impossible to give a fair average rate for the six months.
The Pullman Palace Car Company will redeem in New York
$602,000 of 7 per cent bonds maturing October 1. By the terms
of the lease to the Fitchburg Railroad Company, the Vermont
& Massachusetts rental became 6 per cent on the stock from
January 1, 1878, one quarter being at the rate of 5 per cent and
the second quarter at
per cent; the April dividend was 2| per
:
The changes
H
cent.
Brooklyn Bonds.— The bids received by Controller Burrell
for $300,000 of 5 per cent assessment fund bonds amounted to
$1,431,500, the pri -es ranging from lOOOOi to 10000, and the
total of bids for the same amount of 6 per cent bridge bonds
was
$945,000, at prices ranging from 102-25 to 105-326.
&
Eastern— (Ma«S.
N. H.)— A special meeting of the stockholders of the Eastern Railroad of Maes, was held in B jston Sept. 30,
General A. P. Rockwell presiding. At the opening of the meeting Mr. Rockwell made a statement, in which he said that the
meeting had been called by the directors to consider certain
proposed modifications of leases existing between the Ea.stern of
Mass. and the Eastern Railroad in New Hampshire, and between
that company and the Portsmouth Great Falls & Conway Railroad.
The main features of the plan agreed upon are these
First— The existing leases by the Eastern Railroad in
Hampshire to this company, and by the Portsmouth Great Palls
& Conway Railroad to the Eistern Railroad of
Hampshire
to be canceled.
Second The Eastern Railroad in
Hampshire makes a new
lease to this company for a period of sixty years, at an annual
rental of $22,500.
7'kird The Portsmouth Great Falls & Conway Railroad extin:
New
New
—
New
—
guishes all its present indebtedness and takes up the $1,000,000
of 7 per cent bonds by a new issue of $1,000,000 of 4^ per cent
bonds, secured by mortgage of all its property.
Fourth— The Portsmouth Great Falls & Conway Railroad
makes a new lease to this company for a period of sixty years, at
an annual rent of $45,000. which is to be received in trust and
appropriated solely to paying the interest on the new mortgage
bonds, the only additional rent being such dividends to the
Portsmouth Great Fails & Conway Railroad stockholders, share
lor share, as this company may hereafter pay to its own stockholders.
The Boston Advertiser says that in answer to questions General
Rockwell explained further: " By the old contract between the
Eastern Railroad and the Eastern Railroad of New Hampshire,
the latter was to receive the same dividends upon stock as were
paid to the stockholders of the former.
In the Conway matter
the Eastern Railroad was to pay to the stockholders of the Conway road the same dividends which were paid to the stockholders of the Eastern Railroad.
This million dollars of Conway
bonds was put outjbyttie Conway road and guaranteed by the Eastern.
To be substituted for it is the million dollars of mortgage
bonds upon the Conway road without the guarantee of the EastThe original lease of the Conway road was to the Eastern
ern.
Railroad of New Hampshire. The present lease is to the Eastern
Railroad of Massachusetts. The lease is direct between the two
roads. It ought to be said that of the million (iollars of bonds
which were issued only $514,000 were sold, the Eastern Railroad
holding $436,000 of them, so that the annual rental, the cash payment, would be somewhere abjut half the $45,000. The old
bonds of the Conway road were at seven percent; the rate of
the proposed bonds is to be four and a half per cent.
Messrs. O. K. ShurtlefiF, of Portland, H. J. Stevens, of Boston,
and Nathaniel Ropes, of Salem, were appointed a committee to
collect, sort and couut the votes.
At four o'clock they were
unable to report the result, and the meeting took a receaa till
:
OCTOBBR
5,
THE CHROISIOLE.
1878.J
o«xt Moodny «l 11 o'clock, till wUlch tiin^ the polls will remain
opfn.
\l Portsmouili, N. H., Oct. 1, the (hsrelioldera of the
Kintcrn Kuilrond of New Ilainpsbire held n special meetiog. The
upon between the otliceie of the two roada
indenture* njrreu
were read and approved.
I
Waynp Jackson & Sai^inaw.— Julge
Ilirlan, at Chicago,
Hh says the
deuiea the luoiiou to put ihu t ustees in posurstion.
ritcl" of the trimtei'H lo take possession arose out of the contract
(wtweea the panic(<. Ilnving been deoied poeaession, tliey
Fort
brought
and asked a decree executing the
suit,
crintract.
The
railroad company op-osed ihe motion, though admitting the
default, admitting that they coull not encape a decree ot foreclosure, but aunouncinir their wiillngneBS, if the trustees ahould
wish it, to ap(>ear at any time and confess a decree ot foreclosure,
protenting that in tlie meantime the posnessiun of tlie present
» » *
luaoagt-ra should not be disturbed.
a railroad
company <iffer to confess a decree of foreclosure, and confess it in
of
the
answer
btiog
it
seemed
that
advance
due,
that was as far
as a Court could require them to go nuder the circumstances.
When
There were no just grounds on %vhich the motion would be
granted. There was no formal motion made for the appointment
of a receiver
but if tiie motion had been made, there was no
reason, on Ihe facts shown, for disturbing the present manage,
ment of the road. The motion would therefore be overruled.
;
—
Was Stocks. The Indi'.ator says: "The recent discussion
relative to the use of the electric light in our public parka and
streets has had a great effect upon the price of gas stocks.
Only
a few years tgo
ment
tliat
i
were regarded as the
as stocks
safest invest-
could be made, and, notwithstanding the high figures
at which they sold, they were held universally for the sake
of the high dividends ihey paid.
Now, however, the advent of
the electric light, and the imposition of the gas companies, have
led investors to regard gas stocks with disfavor, and in conse-
and
357
added to ths rslUble etrolon, mtk»
iimsiia
"
••WO.IW,
accounted for la follows:
tlieae,
luterert'imld oa'riinded'dabl'i'.
''"'"; "•""•' i'ifeiVii^iph cnriu-y::::::
Al2,',n''i"'
H*."*"
A»»oi»
on baud
In exccM of amount tniavd over to r«eulT«n.
......
Total
'J^'iT
nJjBi
SMM
$i.nt,ti»
Mr.
«... I..
Meyer onereo
... 11.
1.. nioyer
offered a resolatlon, which was unanlincaalr
adopted, approving the adininlslrailon of R-celver
Villard con.
demnlng that of Becelver areelev, and recommending
that an
application be made to the courts for the removal
of Mr Oroelar
and the retention of Mr. Villard aa sole reco.ver
Meyer, William D. Bond and Alfred Morrison
wer«
appointed a committee to draw up a plan of re-or^anlz.ilon
to b«
reported to a meeting of the bondholders on October
18.
LH.
—A
circular has been Issued by Mr. Adolphus Meier,
ods of tba
truiteesot the land mortgage, under dale of Sep'smber
24 in
wliich he gives a summary of the operations o/
the land grant to
July 31, i878, and stales the tilaation as follows:
Cash on luntlJu'y 8l8t, 1813
sihmi
Lund oblmailons on hand
Aitm*
KirstmofiBsge land grant bonds redeemed".".'.'..'./.""".' '."
MTann
First mortaajju 1 Old xrant bonds ouUuudlDg
'....'.;*..".;
I.KMOJ
" The above statement shows the exact
condition of the land
grant trust on the Slst of July, A. C.
Th'rc are bills receivable (or land obligations) on band well
secured, amounting Ibis day to over...
l.<MILmi
Tinsold lands over
;.
i 's(i() oiK "^'rca
Suppoi.|nc{ that the Secretary of the Interior In ruling
ihit tbese
v/ere subject to pre enipilon at #1 85 per acre, tbe money
to go lo
the Railwa, Company, shonld be auctalned by the Courtg, Uiete
lands could be tancn up f jr
*^^^
SS'.OOOO
Making a total of
f^lWIOO
to pay 11,578,000 Ist mortgage land grant bond's and
interest
and the surplus would go to the a*- mortgage land grant bonds'
of which there are |1,500,000 issued.
The opinion of very able
counsel is that the Secretary's decision will not be sustained
by
the Courts, in which case the lauds will sell for much more
money, but under the worst aspect It appears that the 1st mortgage land grant bonds will be paid in full with interest and that
there is no ground for the present low prices. Orders have bean
issued to the land commissioner to receive the 1st mortgage land
grant bonds with accrued interest at par, for all obligations for
land sold, and this will no doubt create a demand for the boudj."
quence the prices have declined. On ihe fourth of the present
mouth Manhatiau sold at 200^, but on the twenty. fifth it sold at
During the same period Metropolitan declined from 183 to
1(J2^.
Mutual fell off from 75 to 70(371, and Harlem, which on
125.
the first of the month sold at 72^, is now (reely olTered at
42i@43.
New York gas was offered at auction last Wednesday at 80, but
on the 18th instant it sold at 93. These figures show a great
decline, but it is not to be wondered at.
The gas companies have
for years past been the most arrogant corporations in existence.
They have always been monopolies, and they have never lost an
Keoknk & Des Moines.—The transfer of the Keokuk & Des
occasion to let their customers know it.
The people finally have Moiues Railroad to the Chicago Rock Island & Pacific Railroad
become tired, and now in many houses, more particularly in Company took
place October 1, under the provision of the leaaa
Brooklyn, kerosene oil takes the place of gas."
recently agreed upon.
Indianapolis lUoomington & Western.— A motion was laade
Miehigau Lake Shore. A circular has been issued stAtinr
recently before Judges Harlan and Blodgett, in the ca?e of the that
Farmers' Loan & Trust Company vs. tlie Indianapolis Blooming" The Michigan Lake Shor4 Railroad having been sold under
ton & Western Railroad Company to modify the decrees.
A de- its mortgage, and purchased by the bondholder^i, a new corporacree was rendered some time ago in the District Courts of Indiana tion
has been by them organized for the purpose of operating it,
and Illinois for the foreclosure sale of all the property of the under the name of the Grand Haven Railroad
Company.
railroad, without reserving any riwht of redemption.
After the Existing arrangements, contracts, etc., with other companies
decision of the United Slates Supreme Court in the Brine case,
will be respected, unless notice is given to the contrary."
to the f ff ct thxt foreclosure decrees in this State must be made in
»cc3rdance with the Sate statutes, which give a certain time for
Milwaukee Lake Shore & Western.-The Supreme Conrt of
redemption, a motion was made by the mortgagee to alter the Wisconsin in the quo warranto proceedings against this company,
former decree eo as to allow redemption. It was argued by the to have its charter forfeited for a violation of the laws of
counsel for the creditors of the road, who oppo.se the motion, that Wisconsin, which require the company to keep its books and
the redemption statutes of Indiana and Illinois had no applica- papers within the State, decides that "an information showing
tion to railroad property, and that the present case was not conthat the principal office of the defendant company is in the city
trolled by the Brine case, which applied to real estate owned by of New York
that its books and records have always been kept
private parties, and was in no wise connected with oublic inter- in that city; that none of its principal officers reside in this State;
ests.
After the arguments the case was taken under advisement.
and tiiat, by reasoa of the.se facts, it has been impossible to
The sale of the Indianapolis Bloomington & Western road enforce an attachment against the shares of stockholders in thtt
hag been postponed from October 1 to October 30, by order of the compiny in actions brought in courts of this State, in accordanca
court.
with the laws thereof, shows sufficient ground for t,djadging»
—
;
—
Kansas
Pad lie. —The Denver
Extension bondholders of
forfeiture of the
company's charter."
tlie
Kansas
Pacific Uailway Company met in this city, with Mr. Horace
^^ hite in the chair; 3.493 bonds
was represented.
It was
apnounced that |3,88I,833 in bonds were on deposit with the
Ijnited States Trust Company.
The committee of nine first mortgage bondholders submitted a report on the condition of the road, suggesting that a
plan for re organization be prepared, the mortgaged properly
being now in default more than |3,000,000.
A condensed siatetnent of the operation of the road under the receivers was read,
road was offered for
Me.»8r8. Hewitt
sale in Je^^ey City on Saturday, September 28.
and Dumont, of the purchasing committee of the bondholdera
assenting to the planof re-orgatization, were present, and started
the bidding at |50,000. Colonel A. W. Benson was also present.
and bid $l,CO0 over the committee. The bidding contlnaed nntil
$156,000 had been offered by the committee, when, on request
of the committee, the Master adjourned the sale to October 5,
against the protest of Mr. Benson, who controls $100,000 of the
showing;
bonds.
Oro's earnings to September- IB, 1878, for one year, nine
and tweniyflvo days
operating expenses, including taxes and insurance
months
Montclair
& Greenwood Lake.—This
Jersey Real Estate Mortgages.—Judge Dixon, of tbe
lately held that obligations which matured prior
to July 4th last should bear interest at 6 per cent, as the law
•Approximate net earnings
•.. |2,080 162
changing the rale of interest from 7 to (5 per cent went into eBect
Less (Jovtmmcnt transportation not paid, about
$a73,000
on that date. As the great maj.irity of mortgsgea outsUndinif
t^eascompanylrauBportation unpaid, about
11)0,000
455,000
matured long ago, this decision affected nearly all of them. AfterAvailable earnings
$1,614,153
ward, Judge Dixon announced that he had changed his views on
the subject, and would allow the rate of interest auihoriaed by
"Omg at Ihe rate of about
* 895 ' 000
per annum applicable to Interest on fliet mortgage
law at the time the obligation was entered into. Judge Dixon
bonds. This
IS less than
a full average, as It does not embrace the fall
finding that his first decision was in conflict with the late Soprema
montii!. pf Ihe current year, which show
the largest earnings.
Court decisions he made the damages 7 instead of 6 per cent, to
cl)arHe on the drat niongage bonds of the Easttm
-^i u-.,'i',"1'^'
ana
Middle division bonds and certificates is
be calculated up to the 6th of November next. The qawtioB
499,934
then come before the Supreme Court, ol which Judge Dixoa
may
J<Mvlng apparently
SubIrs is a member.
$5,898.C07
3,826,851
New
Supreme Court,
,
.
liiT
r....,
debt
The
™.
•
anuuiu
—
upon
New York
-
"—- "
"Jcqnalto nearly d
the whole Denver ExtjBusion
mongage
receivers' certificates outstanding are placed at
t34|000,
Central
& Hudson
Blrer.—The
BuiTalo
Gmmtr.
eial of September 28 says:
,
u j
" On the 23d instant a bill of eiceptlons on the part of the deKiTer
Undion
A
Central
York
fendant, in the case of the
New
JEUiilroad
Company m. John
M
BaUey, waa settled at SyracoM
—
:
)
:
:
'
THE CHRONICLE.
o58
It will be recollected that in June, 1874, in
the United States Circuit Court at Canandaigua, the case was
tried before Judge Wallace, and he directed the jury to render a
verdict for the company for $594,002 89, taxes and interest
claimed to have been illegally exacted by the defendant as ColHon. Richard Crowley, attorney for
lector of Internal Revenue.
defendant then carried the case to the United States Supreme
Court by a writ of error, and that Court reversed the judgment
of the Circuit Court, and remanded the case for a new trial. The
new trial was had before Judge Wallace, at Utica, last March,
Mr. Choate, a law partner of Hon. William M. Evarts, and S. T.
Fairchlld appearing for the company, and Mr. Crowley for the
defendant. The trial occupied a week, and resulted in a verdict
for the company of $499,432 68, taxes and interest. Another
writ of error ia to be sued out by the defendant, and the case will
again be reviewed in the United States Supreme Court. The
amount collected was about $600,000 and it was paid into the
United States Treasury. The cafe is of imporiance to the Government as well as to the company."
New York & New England Railroad.— Up
&
N. T. West Shore & Chicago.—The sale of this railroad, which
to have taken place under foreclosure recently, has been
postponed until Oct. 28, to enable the holders of bonds who have
not yet signed the proposed plan of re-organization to do so, and
The total amount of outstanding defaulted
to save the franchise.
bonds is $7,000,000. The holders of $5,000,000 have signed.
Of these, $3,000,000 are owned by ex-Governor Page, President of
the construction committee. Only two miles and a half of road
was
Oregon
fort,
&
California.
Germany, Sept.
—A general meeting was held in Frank-
1
& California
I
30, of
bondholders of the Oregon
'
,
Paris & Danville.— The sale of the Paris & Danville Kail-j
which was set for October 2, has been postponed to the 23d
by order of the United States Court.
road,
1
1
St.
Lonis Iron Moantain
Union Trust Company,
Net
Gross
Earnings.
'
Railroad, at whicli. bonds amounting to $2,811,100 were represented. A resolution was adopted, by a large majority, approving
proposals of the committee for acquiring and completing the
Oregon Central Railroad and accepting the financial propositions
connected therewith.
Eevenne.-
,
j
are built.
'
,
to the 3d inst.
Fishkill bonds.
payment.
New Tork Lake Erie & Western (Erie).—As the period for
assents to be given to the Erie plan of re-organization positively
terminates October 31, the following comprehensive review of
Erie affairs from the circu'ar of Messrs. Satterthwaite & Co., of
London, will be found interesting
" In order to give some idea of the ordinary net earnings, we
give below the amounts received for the last sixteen years, under
various managements. From these returns it will be noted that
the lowest period of net earnings, notwithstanding fairly large
traffics, was under the 'Jay Gould' administration.
The largest
was under Watson,' both as to traffic and net earnings, being a
period of considerable activity prior to the financial collapse in
the autumn of 1873. The returns as given from 1874 to 1877,
under President Jewett, indicate, under the circumstances of the
period, careful management, and, with increased traffic and better rates hereafter, profits may show a decided improvement.
Funded
Debt
'
company had redeemed $600,000 of the Hartford Providence
The holders offered no objection to receiving
this
;
CapItaL
XXVH
narrow gauge to be delivered within three months from Ist September, payments spread over three years, which will fall on the
assessment and net earnings, and which will amount to $247,500
"We also understand that very favorable contracts have been
made to supply the company with 3,000 instead of 2,000 box cars
of narrow gauge pattern, involving a cost of $1,375,000, to be
delivered from Ist September, payments to be made over a
period of five years, which will enable the company to pay for
them out of current expenses."
by Judge Wallace.
.
[Vol
of
New
&
Sontliern.- The case of the
York, vs. the St. Louis Iron Moun-
& Southern
Railroad Company was decided this week in the
United States Circuit Court at St. Louis, Judges Dillon and Treat
4,520,396
delive-ing separate opinions.
The St. Louis Wobe-Demoeralfs
Berdell
4,468,358
report says: " The bill was to foreclose a mortgage for default on
4,707,882 V
ai>d
Eldridge.
3,743,273
the payment of interest on the railway and appurtenances of the
4,005,996
defendant company. The defense was that the promoters of the
3,244,683J
suit had extended the time of payment beyond the date at which
2,179,395
1870
83,63'i,910
1,364,601
Jay Gould. the suit was brought. The facts relating to this defense stated,
1871..
86,538,910
1,895,404
and held not to amount to an agreement to extend, nor to eaten
187J
8(1,538,910
5,644,4b5
Wntson.
the trustee from maintaining the bill, but only to a waiver on
3873
86,536,910
6,371,%4 f
1874
86,636,9:0
5,' 35,160
judgment of interest at the covenant day, which may be tenid4
1875
66,586,910
4,197,727
nated on notice and demand for full payment.
1876
86.636,910
3,621,259 >
Jewett.
" The mortgage in suit contained, inter aim, a covenant to pay!
1877
86,636,910
3,809,950
1878'....
86,536,910
interest on mortgages upon distinct divisions of its road made by|
*5,0t8,lI5J
separate companies, which were afterwards consolidated into the'
* Eetlmated.
defendant company; the plaintiff bad not paid anything in respect
"
give below the total charges against the net revenue for of these divisional mortiiages, and the holders thereof were not
the years 1878 and 1879. and from 1880 to 1883, as provided by parties to this suit. Hdd, that no decree of foreclosure could be
the scheme. Investors can judge for themselves, from the net g.anted in respect of the default of the payment of interest on
revenues as given and the estimated charges under the scheme, the divisional mortgages.
what is the position of the property
" The principal sum named in the mortgage in suit not being
due, a decree can go only in respect of the interest due and
ANNUAL CBABOB AOAINST NET EAIiillNGe.
unpaid.
Tear,
Stock.
1868. ... J19,973,200
1863... .
19,97'l,?90
1864
:4.338.800
1865
24,935,800
1666
85,105,800
1867
85,111,210
1868
46,308,510
1S89
76,536,910
.
$19,831,500
30.0P3,000
17,822,800
18,385,600
22,368,835
82,429,920
23,3t8,8C0
33,398,8C0
53,398,600
23,398,800
86,895,000
87,917,143
45,576.814
5I,S71,8I4
54,271,814
54,871,814
66,677,254
Earnings.
$8,400,334
10,469,481
13,4S9,643
1«,462,337
14,596,413
14,317,213
14,3:6.672
16,781,500
16,179,461
17,163,005
18.371,887
20,012,606
18,598,898
16,876,858
15,85J,461
14.708,869
tain
Preeidente.
$3,539,5-61
I
I
I
-
)
I
|
I
We
1878
&
'79.
•1880.
,
Id tercet
Amount.
First five mortgages
'118,155,500
1st consol, mort. & 6 p. cts...
16,533,714
7
tconps.faodonlstcons.&gld
2d coiisol. mort. & gold conv,
Ten coups, funded on 8dand
eighteen and 23 on gold
7
. .
.
3,472,074
25,000,000
8,616,666
Weehawken Dock bonds
425,853
436,833
188(00
7
H,788
3,000,000
1,900,000
920,760
7
7
210,000
133,000
64,J51
29,176
$2,637,851
$4,696,834
6*'7,018
12I977
667,012
42,237
12,977
$3,360,080
$5,439,060
$72,681,314
Leased lines
Snepenslon Bridge
Paterson & Newark
The assessment may be presumed
Two per cent on
$920,635
4s|s37
'.'.
to yield to the
;
;
new organization-
preference shares
Four per cent on common shares
" 1. Was there a valid agreement, fonnded npon a sufficient consideration,
whereby the payment of one-half interest on the bonds, both diTisonal anc
consolidated, so far as owned or controlled by the Messrs. Ward, was eitendec
to November, 1878 f
" 2. Whether what was done and said by the Messrs. Ward In October, 1876.
create, ae to them and their principals (the Baringe) an equitable estoppel to
investigate and maintain a foreclosure bill, prior to November, 1878 f
"3. If there was no such valid agreement or estoppel, what is the legal effect
on the rights of the bondholders of the transactions of October, 1876 !
" In answer to the first question, the Judge says
Ic is difficult to see any
solid foundation for the claim that there was a contract for a definite exten'
sion
'The question of estoppel Is more difficult. The Jndee, after stating the
*
difficulties, says
cannot decree to the complainant in tills suit any sum
in respect of the default on the dlvisioning mortgages, since it has no right tc
receive the money due on those mortgages, and the Court on this bill has no
authority to order the sale of specific property covered by the several divisional mortgages. Thecomplainant, as the trustee representing all the bondholders, is only entitled to a decree as rtspects the nonpayment of interest on
the consolidated mortgage. There is no provision In the instrument that a
default in the paymwit of iaterest will cause the principal sum to fall due,
and hence there can in no event be a foreclosure except for the interest dae
and unpaid on the consolidated mortgage.^ Judge Treat is of the opinion
that the transactions of October, 1876. work an equitable estoppel on the pro-;
moters of this snit to maintain it, and. If desired, we will finally certify a:
division of opinion on this point to the Supreme Court. Meanwhile, the causej
will stand for further hearing as to the contested bonds, or be referred to a,
master to state an account and report."
1,157,360
243.045
1,100,000
$8,169,443
••
"Judge Dillon remarks in his opinion that upon the facts thest
questions of law arise
Charge,
$4,247,123
12,78S
210,000
183,300
61,463
29,176
Mortgage bonds
„ , ,
Rentals
7
none
6
,
Interest
Rate.
678.680
2)3,045
3!tf
$66,677,954
Buffalo Branch bonds
l,ong Dock bonds
Boston Hartf, &, Erio bonds.
Charge.
$920,®5
Rate.
$170738
.....i. ..'...'.....
3120000
$3,890,738
" Against this amount must be deducted the sum decided by
the
to be due on the closing up of the old company and paying
the receiver's certificates, unless they can be funded. The money
available for improvements on the line will be the balance after
discharging these liabilities, and any surplus over interest
charges and rentals in 1878 and 1879."
After giving estimates of ttie new work to be done, the circular
says:
" Of the estimated work in 1877, we understand that the cost
of
laying the third rail from Buffalo to Susquehanna— 230 miles—
(including the cost of 25,000 tons of steel rails) has been defrayed
out of current expenses; that the cost of prenaring the road for
third rail from Susquehanna to Jersey City (192 miles) has also
been defrayed out of current expenses. The cost of the steel
lails required to complete the third rail will have to be pro'vided
fcom the assessment and net earuiogg. This will amount to
.
1971,600.
" Contracts have been entered into to sapply 30 locomotives of
We
'
xonrt
,
*
St. Louis Lines Fooling.— It
stated that the managers ofi
the five lines e«8t out of St. Louis, namely, the Vandalia, thej
Indianapolis & St. Louis, the Ohio & Mississippi, the Wabasb,i
and Chicago and Alton Roads have agreed to pool the east- boundi
business out of St. Louis, on a basis of 20 per cent to each road,
the pooling agreement to be in force for one year from the time:
of its taking effect, Oclober 1, 1878.
Southern Minnesota.- A
trust
is
deed has been given by the
Co., for the sum of $1,200,000,
covering the lands of the Co., the proceeds to be used in completing their road. The deed is filed in the Register's office at Jack'
Southern Minnesota Extension
son, Minn.
Wisconsin Central.— Papers have been filed
The hearing was
'
the mortgage on this road.
Monday in October.
for foreclosing
set for the fixsf
;
OcTOKBR
S,
J
.
—
:
.
THE CHRONICLE.
1878.]
359
OOTTON
(ToMlTERCrAL EPITOME.
Friday Nioht, October
4.
p^i^
Qeneral trade contlnuei to Improve, although the yellow-fever
•pldemie atill prevails in the Southwest. There is now, how.
«vor, reaiioD to bup» for its eaflj abatement, aa well as aBsnrance
Western crops are not moving
that it will not spread further.
freely a< they have done, and it is very evident that growers,
regarding current prices aa unsatisfactory, are holding back in
expectation of an improvement. The weather also is too mild Receipts
this wlc at
and therefore the cheerful feeling
for much seasonable trade
New Orleans...
which prevails is the more sicniHcaut.
The following Is a statement of the stocks of leading articles Mobile
Charleston
of domestic and foreign merchandise at dates given
Port Royal, 4o.
1878.
1873.
1877.
o
J^pK
1878.
1877.
1876.
1875.
12,414
5,391
20,3S8
0,ei9
6,820
12,108
20,501
10,117
18,002
1,102
17,562
15,772
21,807
9,362
16,133
;
:
Sept.
tea.
Beef
Pork
L«rd
Tobacco, forei^
andbbls.
1.4!!0
bbls.
75,287
53.KgO
26,620
41,T35
14,483
81,251
4,000
77,243
tCB.
balea.
,
hhds.
bags.
bags.
domestic
Coffee, Klo ..
Coffco, other
Tq)><>cco,
Conve, ilava,
Ac
mat!).
hhde.
boxes.
BURar
Bn^'ar ....',
2,758
5,208
bbls.
2,000
No iiT.ooa
Molaasea, foreign
Molaaaea, domoatlc
Hidea
Cotton
Sosin
Spirits turpentine
,
l^ir
Rice, E. I
,
domestic
bbls.
Unseed
23,1122
470
268
bags.
3.850
1,850
41.629
5,900
4,580
17.814
43,385
4,!50
1,520
81,630
6,130
3,592
26,016
36,171
and
82,376
3,472
tea.
bags.
bags.
SaUpctre
balea.
.....bales.
bales.
late
Jiito butts
Manila hemn.
,
34,.178
ifco..
Nortn Carolina.
week
Total this
Total since Sept.
ending
Great
The demand for pork on the spot has somewhat improved, with Dot. 4.
mess to-day at $8 75@9 25, as to brand, but the specula- N. Orl'ns
tion has become dull, with sellers to-day at $8 75 for Nov. and Mobile..
|8 80 for Dec. Lard has been quite variable; some lower figures Cbarl'fn
were made this morning, but the decline was recovered, and the Savan'h.
dose was at 16 70, spot and Oct., $6 65 for Nov. and Dec, and GalVt'n|6 67i for Jan. Bacon and cut meats have ruled steady. The N. York.
receipts of swine at Chicago, for most of this week have been Norfolksmaller than for corresponding periods in the two preceding years. Other*-.
Britain.
sales of
good refining Cuba quoted at 7i@7ic.
for ocean freight room has latterly developed considerable firmness, and in the aggregate a very fair movement
has been noted. Tliis applies more particularly to berth tonnage,
as tonnage for charter is plenty, and essentially as last noted.
Late engagements include
Grain to Liverpool, by steam, 6}d.
The market
:
30s.@40s.;
closing at the latter rates ; flour,
cheese, 45s.@50s.; cotton by sail, 9-32d.;
grain to London, by steam, 6id.@7d.; flour,
3s.; do.
reSned petroleum to the Baltic, 5s.; do. to Bristol,
direct port in United Kingdom or Continent,
Bremen,
by
sail, 23. 3d.;
33. 10}d.; do. to
38. 4^.; do. to
3s. 6d.
advanced and manifested much strength,
movement, based upon more favorable
Southern and foreign markets to-day,
there were sales at 29c. for Southern and 39ic. for New York,
bbls.
Rosins, while rtmaining steady, have been quiet common to good strained quoted at $1 40@1 45. Petroleum at one
Spirits turpentine has
to a speculative
advices, both from the
;
;
period during the
but latterly
little
week
sold freely at &|c. for refined, in bbls.,
; crude, in bulk,
is quoted at 5|c.
has been done
Lead shows considerable firmness common domestic quoted at
f3 45<g3 50. Ingot copper has been quiet, in the usual way, with
Lake quoted at 16@16Je.; there are rumors of sales of from five
to eight millions ol pounds, mostly at 15}c delivery up to Janu.
ary next. Hides have remained firm, with sales to-day of 4,000
^ry Buenos Ayres, and 2,500 dry Montevideo, all at 31c., gold,
four months. Grass seeds have sold at 7Jc. per lb. for clover
*nd |1 15 per bushel for timothy, but these are inside figures at
he close. Whiskey higher and held at |1 15.
389
101
2,130
6,157
361
299
301
5,314
20,689
1,784
12,202
197
1,118
2,204
816
071
2,720
14,375
381
130,900
70,010
122,109
103,102
96,277
377,118
153,111
341,131
285,808
251,965
93
France.
this
Same
Week
Week.
1877.
Total
Contlnont.
200,
6,997
1,100
10,008
8,510
3,879
11,155
10,212
922!
3,952
1,208
1,100
6,200
3,808
8,510
3,879
11,155
100
3,030
STOCK.
2,075
1878.
1877.
17,713
9,962
11,868
61,711
36,988
39,168
4,290
17,000
33,616
8,710
17,170
21.287
17,204
33,434
5,075
18,000
week..
37,379
100
8,122
15,901
13,495 231,703 157,526
63,880
2,910
10,084
76,904
32,861
Tot.sluoe
Sept. 1.
• The exports ttali weeic ander the bead of ••other pota" Inclade, from
Baltimore, 550 bales to Liverpool and 922 bales to Bremen from Boston, 1,900 bales
tj Liverpool from PhiUlelphla. 500 balej to Liverpool.
In addition to above exports, our telegrams to-night also giva
;
:
us the following amounts of cotton on shipboard, not cleared, at
the ports named.
add also similar figures for New York,
which are prepared for our special use by Messrs. Carey, Yale &
Lambert, 60 Beaver street
We
On Shipboard, not cleared—for
OCT. 4, AT—"
Liverpool.
NcwOrleans
500
Galveston
None.
8,000
7,590
New York
5,350
Mobile
Savaimah
Other
Leaving
Coast-
France. Foreign
wise.
Total.
100
None.
7,000
2,100
None.
22,100
11,582
•11,310
1,500
None.
1,100
None.
None.
6,000
811
2,348
800
None.
510
None.
Stock.
15,500
9,962
39,614
25,406
27,858
Total
21,440
3.441
47,092 118,310
8,858
7,900
Included in tUia amount tnere arc 5.4.50 bales at Presses tor torel/pi
porta, the destination of which we cannot learn.
From the foregoing statement it will be seen that, compared
with the corresponding week of last season, there is an inenoM
in the exports this week of 33,406 bales, while the stocks to-night
are 74,177 bales tiufre than they were at this time a year ago. The
following is our usual table showing the movement of cotv>ii at
all the ports from Sept. 1 to Sept. 27, the latest mail dates:
RECEIPTS SINCE
Ports.
SEPT.
1878.
1.
EXPORTED SINCE
Great
1877.
i,,
i
SEPT. 1 TO
Other
*^™"<:e-|ForelKn
Britain.
Stock.
TotaL
I
N.Orlns
MobUe.
owing
386
1,339
Tot. this
cotton, 9 32(a5-16@11.33(a|d.,
3s.; bacon,
8,50ft
293
1,517
6,997
I
fair to
1,273
24,244
423
EXPORTED TO—
Week
5,359
15.781)
;
19301
exports for the week ending this evening reach a total
of
45,901 bales, of which 37,379 were to Great Britain, 100 to
France, and 8,422 to rest of the Continent, while the stocks
as
made up this evening are now 231,703 bales. Below are the
stocks and exports for the week, and also for the correspondloir
*
week of last season.
43,3>5
;
1.
23,783
11,418
17,078
8,090
The
830
;
. .
616
1874.
3,290
5,161
10,741
4,506
Norfolk
City Point, <ko...
H,000
:
426
17,507
12,811
Florida.
133,100
Beef and beef hams, as usual at the beginning of the packing
Butter has lost the advance of last
season, are quite nominal.
week, but in cheese there is a further improvement to 9J@10ic.
Tallow dull at 7@74c.
for prime to choice factories.
Tobacco has been comparatively quiet for Kentucky, and
Sales for the week are 750
prices exhibit some irregularity.
hhds.,of which 500 for export and 350 for home consumption.
Lugs are quoted at 2J@5ic.; leaf, 6@14c. The movement in seed
leal has also been rather slow, bat this is natural, because we
are about at the end of the season.
Sales for the week 1,243
cases, as follows
358 cases, 1877 crop. New England, part at 12}
to 35c.; 691 do., 1877 crop, Pennsylvania, 7i to 30c.; 20 do., 1876
crop, Ohio, 6c.; 173 do., 1877 crop, Wisconsin, part at 6J to 8ic.
There has been a moderate inquiry for Spanish tobacco, and the
aales are 500 bales Havana at 88c.@|l 10.
There has been a good steady market for all grades of coffee;
basiness has been of fair proportions, though Rio was at times
qniet, by reason of the reduced stocks but the close was rather
ireak, the demands being small ; fair to prime cargoes were
OQOted at 16i@17Jc. gold. Late sales of mild grades include
lfe,329 mats Java, mostly sold before arrival.
Rice has had a
fair movement at late steady figures.
Molasses was firm stocks
are small and inquiries fair 50-test Cuba refining quoted at 33e.
Refined sugars have been moderately active at 9^. for standard
crushed. Raw grades have latterly been quiet, but quite firm ;
401
88,853
19,750
Indlanola, Ac...,
Tennessee,
83,844
70.116
27,092
113,805
25,*J6
310.936
3.615
1I.SS6
18,000
129,700
67,402
46,131
3,079
1,305
13,050
34,IC0
33,126
6,368
,
Galveston
UMl
1,765
3,165
1.000
152,325
bales.
bbls.
bbls.
bbls.
Savannah
43,931
28, 59
67.278
9,110
75,W)0
U.Zti
hhda.
hbda.
Oct. I.
115
1,58)
bat;a. etc. 153,500
Bngar
Melado
Kici',
Oct. 1.
78a
63,646
31,398
17,979
44,643
11,094
12,863
1.
.
Fridat, p. M.. October 4, 1878.
T„.
xr
Tnie MovEMBUT
of thr Chop, as indic4te<l by our t^le^ra^
from tho South tonight, is given below. For the
week e^dC
th 8 evening (Oct. 4), the toUl
receipt* have reached 130 ogR
oales, against 98,8«3 bales last
week,'74,8Mbale. the
week, and 47,481 bales three week* since; making
tto loUl
"*'
^''
°' September, 1878, 877,448 bales, against
.Pm
i'"'«
1-)3.1U /'°?J
fortho same perio<r of 1877, showing an IncreaaTslnea
September 1, 1878, of 3il,*}7 bales. The drtauf of
the
this week (a.s per telegraph) and for
the corresponding WMks of
five previous years are aa follows:
Char'n
Sav'h.
Galv.*
18,925
9,328
49,436
90,041
51,923
10,908
5,980
11,737
25,911
15,100
191
N.York
46'
Florida
N. Car.
683
76
7,589
14,352
3,714
2,850
5,126
1,862
Norfk*
Other.
4,507
2,553
3,331
13,456
287
447
7,507
960
4,201
105
13,818
12,307
7,633
30,768
48,98»
28,497
82,000
5.357
1.070
1,800
8.00O
150
5,207
;
,
Thlsyr.
246,158
26,501
2,810
1,662
31,003 171,063
4.060'
19.366 126.728
2221
15,081
83.071
Cnoer the head of VHarltlon U tncladed Port ««py»f'.S£'iJl''.lV.S-j55rraS
U Ineladad 011*
of
Sorfta
bead
onder
the
ladUnola,
*c.:
Oattefton la ineladel
tiastyr.
•
Point. *c.
These mail returns do not correspond precisely with th© total
of the telegraphic figures, because in preparing them It is alwaj*
necessary to incorporate every correction made at tho ports.
.
«6
8
,
:
THE CHRONJCLE.
360
The market for cotton on the spot opened with an appearance
The deof business, which, however, was not long maintained.
mand proved limited from all quarters, and although stocks
increased slowly, prices declined under the dull foreign advices
and the very free receipts at the porta. There was a reduction in
official quotations of ^c. on Tuesday and Wednesday, but it was
noted on Tuesday that " Gulf cotton with good staple was i^ic
Yesterday there was a further decline
higher than quotations."
of l-16c. To-day, uplands were again reduced l-16c., to lO^c. for
middlings, but Gulfs were advanced l-16c. ,'_to lOjc. for middlings.
The speculation in futures has been active; but in the course of
Monday, Tuesday and Wednesday was strongly towards a lower
range of values, and the decline from Saturday (which was firmer,
except for September and October) was on Wednesday, at the
the course of prices being much
close, from 34 to 41 points
more regular than for some time past with April, May and June
showing the least depression. The bull party seemed to liave
ceased to make any effort to sustain values, but let the market
sink under its own weight. Yesterday, notwithstanding a further decline in futures at Liverpool, there was a demand to cover
contracts, which caused a partial recovery of values; but this
demand supplied, '.he improvement was lost under the gathering
financial cloud caused by the failure of the Bank of Glasgow.
To-day, the market was active and feverish, closing at a decline
of 4@7 points.
The total sales for forward delivery for the week are 417,700
bales, including
free on board.
For immediate delivery the
total sales foot up this week 4,3(50 bales, including 918 for
export, 3,342 for consumption and
for speculation.
Of
the above, 400 bales were to arrive.
The following tables show
the official quotations and sales for each dav of the past week:
—
—
—
UPLANDS. AI-ABAMA.
Saturday, Sept. 2S,
Mon
Sat.
to Fridiiy, Oct. 4.
Ordinary
^ ft.
Strict Ordinary
Good Ordinary. ..
9
9
Olf'io
Good Ord... 10%
1058
Middliuff
10%
Strict
Low Mid
Strict
10%
10%
10^8
Ills
Middlluf?
Good Middlina
Strict Good Mid... 11%
11 '8
Miiddllng FallI2I3
Fair
^
Ordinary
91016
9^16
99l«
91»16 101,0
10%
10%
10^3
Low Mid
10=8
10%
n
Middling
.
121a
12%
13%
12%
12%
Wed
Toes Wed Tnea
12%
Fair
1214
Frl.
Tli.
lOTg
11%
11%
1214
Frl.
Xta.
lo^e
11
1114
11%
Wed
1,000
10-72
2,000
1073
10-40
10-41
500
500
100
2,100
10-74
10-75
10-78
10 77
10-78
10-79
10 46
2,-^10
1080
...10-47
6,000
10-81
200
lU-82
5,300
3,400
2,500
4,700
4,300
13,100
4,800
1,700
300.
10-4-i
10-43
1,300...
.
1050
800
100
900
10-58
lu-53
10-50
10-60
1,000.
1,800
609
4,000
1,500
1,300
9%
9%
Strict Ordinary...
Good Ordinary
Strict Good Ord...
Low
Low Mid
Middling
Good Middling
Strict Good Mid.
Middling Fair
.
Fall-
8%
8Uie
9%
9%
Oiia
9''l6
10
101 18
105,8
Middling
Strict
8%
811,8
B).
91,8
99,8
101i8 10
IO618 1014
I07i8 10%
109,8 10%
1013i8 10%
lUie 11
119,8 11%
123,8 13%
1014
10718 10%
109,8 10%
lOlSie 10%
ll'l8 11
119i8 11%
12^18 12%
STAINED.
Good Ordinary
Good Ordinary
ig ft.
Strict
Low
9%
9%
Th. Frl. Xb.
Frl.
813,8
914
878
95 16
giS
8'R
9»,8
813i8
9J4
9W,8
9%
10-',8
1014
10.,
10%
10%
10%
109,8
101 1,
9%
103,6 1014'
107,8 10%
109,8 10%
1011,8 10%
1013,8 11
113,8 III4
lUl,fl 11%
1015,8 11
113,6 11>4
111', 11%
125,8 12%
9%
9%
10%
10%
Middling
Middling.
10%
10%
MAKKET AND
12%
'125,^
9
878
9%
9%
10
97a
1014
10%
Fri.
8%
813,8
9»16
913,8
103,8
9 '4
934
10%
SALES.
SALES OP SPOT AND TRANSIT.
SPOT MARKET
CLOSED.
Ex-
Con-
port.
sump. uPt'n
250
Bat.. Quiet,8t'dy,low'r
Men SiiU
Tucs.lStcady, lower...
Wed Quiet, lower
.
320
309
39
.
I
Tliurs'IiregiUar
Fri
.
-
jQuiet,
lower
Spec- Tran
sit.
Total.
282
785
532
785
1,049
1,049
527
307
392
847
eio
431
Deliv-
Sales.
eries.
38,000
39,600
85,000
92,300
101,500
Gl,300
500
1,100
2,800
2,000
2,000
2,400
918 3,3121
1,2(50 117.700 11,400
For forward delivery, the sales have reached during tlic wet-k
417,700 bales (all middling or on the basis of middling), and the
following is a statement of the sales and prices:
Total
I
For September.
cm.
Bale?.
(-t».
3,iliX)
10-44
10-7(1
1.800
l.aOO
2,800
2,600
1,900
2,500
10- .15
Bales.
100
10-78
300
10-79
100
«100
10-80
500
,0-bO
10-81
800
10-82
500
100 S.B 2d.. 10-83
200
...io-8;t
10-84
000
10-«6
100
1
2,900'
1,200
1,500
2,000
2,000
2,900
2.400
10-38
10-39
10-40
104".
10-4a
10-43
100 s.n.iTth 10-41
10-48
10-49
10-50
...10-51
fOO
100
80O
000
100
10-53
10-54
10-55
1058
500
10-57
...10-58
1' -69
10-80
10-61
200
..
I
'
1.400
1,100
4,500
I
KWs.n
10 35
.
5.500.
l.JOO
1,700
5,100.
...
1.700...
5,800
3,800
3110. ...
100>.D.3d..lUC4l
2,200
10-56
10-57
10-80
300
10-77
10-78
10-79
10-80
10-81
;,6(K)
..10-88
1,100
10-83
10-88
B(Kl
10-62
100
lOO
1003
1,1(X)
2,600
4,000
10-64
10-85
10-66
700
10
10-82
10-(>3
(il
100
1,700
1.100
1,700
10-70
10-72
400
500
200
200
600
300
10-ra
10-75
10-78
10-77
10-78
10-79
10-80
10-88
10-92
10-05
10-98
10-97
900
100
5<I0
300
100
200
200
100
200
lO-KO
10-91
10-98
10-93
10-94
10-05
lO-UB
10-OT
10-8B
1,100
10 67
1,200
1.300
1.300
1089
...U-M
11-08
11-10
_11-U
11-ia
11-1«
2(XJ
300
200
U-U
22,000
10-98
For Jun?.
10-8*
10-88
10-87
..10-B5
..10-98
.^00
1,400
900
500
For Apr 11.
400
.10-64
10-65
liX)
70.1
.waa
100
.10-87
2,300
mo
1054
900
..10-68
..10-69
..10-70
..10-71
600
190
10-55
10-56
10-57
1,4(K>
..:o-7-^
1,400
1,200
600
l()-58
ajo
400
..10-73
..10-74
..10-^a
.
.
81.X)
2,000
eix)
10-60
10 63
.
4(X).
KM).
500.
100.
.
I
..11-00
..11-01
..11-17
100.
..irao
F
For
.July.
100.
lo-eo
100
The following exchanges have been made during
-05 pd. to e.xcb. 2"0.Tftn. foi- Oct.
-04 pi. lo exch. 2(KI Nov. for •, t.
01 p3. to exc. 600 Nov. for Dec.
1(X)
4,000
.10-83
..10-84
1,200
..10-fle
the week:
^"K""*^! Dec., 10010-40.
10-79
10-86
10-95
11-03
11-12
May
11-18
June
11-23
July
Transfer orders 10-85
January
4
10-85
10-88
10-86
10-B7
5,lfXI
t
No
.
10-39
10-40
...10-41
10-42
.... 10-44
....10-43
....
10-4(1
....
10-47
10-48
10-49
10-50
900
600
1,000
OIK). ...
March
AprU
.
Closed- Bull.
100%
Gold
Excliange
4-80
10-80
10-87
10-97
11-05
11-13
11-19
11-25
10-80
Quiet.
100%
4-79%
10-71
10-78
10-87
10-96
11-04
1111
11-16
10-75
Easy.
100%
4-79
10-59
10-66
10-75
10-83
10-92
10-93
11-03
10-65
Weak.
100%
4-79
10-43
10-49
10-58
10 68
10-78
10-84
10-88
10-45
Weak.
100%
4-79
10-41
10-48
10-56
10-66
10-76
10-83
10-88
10-15
10-37
10-44
10-53
10-01
10-70
10-77
10-83
10-40
Dull.
Weak.
100%
4-79
100%
4-79
The Visible Supply of Cotton, as made up by cable and
The Continental stocks are the figures,
telegraph, is as follows.
of last Saturday, but the totals for Great Britain and the afloat
for the Continent are this week's returns, and consequently
brought down to Thursday evening; hence, to make the totals
tlie complete figures for to-night (Oct. 4i, we add the item of
exports from the United States, including in it the exports of
Friday only:
1878.
1876.
1875.
1877.
691.000
669.00ft
Stock at Liverpool
351,000
535,000
25,750
26,250
34,2.50
65,000
Stock at London
Total Great Britain stock
Stock at Havre
Slock at Marseilles
Stock at Barcelona
Stock at Hambiu-g
Stock at Bremen
Stock at Amsterdam
Stock at Rotterdam
Stock at Antwerp
Stock at otlier couti'utal i>orts.
376,750
Total continental ports
253.500
.
European stocks..
1,750
15,000
561,250
178,500
8,500
54,500
4,3.50
11,7.50
139,.500
139,
731,000
183,2,50
4.2.'i0
48.000
12.750
28,7.50
57,750
42,250
3(\.500
4,.500
11.000
6,750
9,750
16.5(10
17,000
14.750
56.000
10,000
7,000
10,000
369,000
435,250
367,750
4,500
13,000
630,250
India cotton atloivt for Europe. 140,000
56.000
Amci-'n cotton iitlout forEur'po5
Ef,'ypt,Briizil,A-c..allt for E'r'iie5
10,000
Stock in United .States iiorts .. 231,703
Stock in U. 8. iotci-ior ports..
21,640
12.000
United States exports to-day..
Totril
725,250
197,250
4,000
62.000
11.000
50.000
62.750
..
.
36..500
930.250 1,160,500 1,101.730
240,()0(»
301.000
130,000
55.(KI()
45.000
28,000
25,000
17.000
18,000
295.1174
209,424
ir.7,52«
25,930
31.9-JO
16,408
12,000
6,000
1,000
...10-38
..
10-
8,700
2,800
....10 :«
10-37
.
01X1
90(J....
faoo
10-WJ
800.
5
1082
1083
1
7,600
For November.
1,.5()0
10-(j!)
10-81
I
• BollvereJ to-day (SOlli).
81,500
100
10-81
K.n.
<-t8.
...10-.-S8
1,2110
2d .10-83
100
10-65
10-66
10-67
10-68
10-75
10-76
2,000
200
10 77
4110 s.n
10-78
1.400
...10-78
10-79
2,400
iO'lB.n. ... lM-80
10-fO
1,1(0
900
t(r82
Faleg.
1,300
10 65
700
lo-.ia
1,000
Ct.«.
10-64
lOOe.o.Stn
600
400
300
100
2'0
111-47
2,400
For October.
Bales.
4,100
10-46
M^Ta
1.60(1
The following will show the closing prices bid for futura
9
9
9M8 9^18 97 !6 9°18 delivery, and the tone of the market at three o'clock P. M., on
91S]
9l5ie 91^10
913i8 the several dates named:
10% 10>4 10% IOI4
MIDDLING UPLANDS— AMERICAN CLASSIFICATION.
10% 10% 10% 10%
10% 10% 10% 10%
Fri.
Mon.
Sat.
Tues.
Wi-d.
Thurs.
Fri.
10^8
10%, lO'a 10%
Market— Fii-mer. Irreg'r. Lower. Lower. Lowcr.Yur'ble. Fev'ish
11% 11
11% 11
10-82
10-76
September
11% IIH 11% 11 14
10-84
10-83
October
10-75
10-62
10-43
10-43
10-35
Ifa 11% Ifa 11%
10-75
10-78
10-69
Nov-ember
10-56
1039 10-37 10-32
12% 12% 12% !l2%
10-75
10-77
December
10-69
10-56
10-39
10-38
10-32
Mod Toes Wed Th.
Sat.
1.400
900
700
400
Ff,r Februai-y.
10-45
500
10-46
800
10-47
5(X)
10-49
200..
10-50
2,500
10-51
800
10-52
1,900
10-53
1,400
10-.")7
-
For May.
10,200
lO-.'S
2,900
3,700
4,400
1,400
1,400
nn
;7,2oo
81,800
1054
300
700
11-00
3700
600
100
200
100
100
10-53
2,100.
1100
..,.10-53
1,400
10 51
1052
1(W
6<«)
300
10-88
10-89
600
400
700
10 61
1,5(X1
51X1
10-44
10-45
200
100
10-88
10-87
10-97
10-99
1.100
1II-3H
For December.
ct«.
-..lO-SS
l.OiX)
1
For March.
10-38
80,500
10'7l
10-80
!0 81
10-8i
10-84
21,500
1037
000
B'cbruary
^
Ordinary
10-42
10 4:^
10-41
10-45
10-48
10-47
10-48
10-50
10-53
10-55
10-56
.10-58
10-59
10-60
900
10-79
10-80
10-70
10-41
10-35
10-36
10 78
1(1-88
100
300
10-88
10-39
10-40
..
5,600
2,200
10-77'
200.
ll'^a
10%
10-75
10-78
...10-76
ll's
IIH
11%
12%
2,300
2,200
1,300
3,500
6,500
1.800
300
100
800
200
2,900
11,200
5,600
4,600
1,300
2,600
100
2,000
1,400
3,000
2.900
281X1
3,700
1.600
1.200
10-74
2.(:k)0
1,100
4 700
700
11
12
11
10-72
10-73
1,(KX).
11%
11%
11%
10-70
1071
800
800
800
lO^e
11%
10=8
lO's
Good Middling..
Strict Good Mid... 11 '4
Middling Fab'
11%
4(K)
10%
10%
13
91 lie
6,600
1,900
4.800
10%
10%
HH
10%
10%
10%
10%
10-64
10-H5
10%
10%
13
10%
10%
300
Bales.
l.SOO
1,200
;
10-i;6l
10-07
For January.
10-63
1,000
(Hh.
10-84
200
600
i
100
10-fi-i
100
:00
200
bale^.
I
86,400
IOI16
12
10%
10%
10%
101^3
3,000
1,500
100
10-70
10-71
10-72
10-73
10-74
10-75
IIH
11%
8%
10-58
10 89
11%
11%
93i8
...10-59
10-00
10-81
...10-81
11^8
121a
913
I014
1067
2,IX)0
100
11%
11%
95i,
3,800
1,400
rt>.
10-77
10-78
10-79
10-80
10-81
...i
800
200
200
100
11^
11%
8%
lOSti
Pa'cs
2,400
3,300
900
11
93,8
1,-<00
I
99i6
101 18
lO'a
tb
10-59
10-54
9%
lO'a
.
MlddliiiK
Strict
10%
10=9
Cf».
500
99 16
10116
1078
Good Ordinary
Low
10%
Bales.
1,600
fVcL xxvii.p'
9%
91>io
lO'a
11
1114
121.2
Strict Go;id Ord... 10 14
TEXAS.
Sat. yiov
9%
9
TneaiTVed ITues
Strict Ordinary
y%
9
10%
10%
10%
lOSg
ORLE'NS
N.
inon Sat. ITIon
Sat.
. .
Low
.
....10-51
700.... ....10-52
notice tu-day (SCtb).
Total visible supply. l)ales.l,104,.593 1,280,184 1,806,494 1,720,104
tlie above, tlio totals of American and other descriptions are as
follows
Of
Amertcaii—
Liverpool stock
Gout incut III
stoi^ks
.\iiiericn,i alloat to
Europe
United States stock
United Stiitcs interior stocks..
United States exports to-day.
Total American...... bales.
104,000
190,000
56,000
231,703
24,640
12,000
708,343
270.000
374,000
28,000
157,526
16.408
1.000
746,931
308,000
28H,OO0
55.(100
295.(17 1
31.920
6,000
983,994
2.84,000
1«3,(KX)
45,000
209,12-1
•25.930
12,000
739,35
.OCTAUEH
But
5, 1878.
THE CHIIONIOLK
j
Imllan, Bratil, <te.—
f.lvi-rponi Btoi-k
Jxiiuliiii '<ti>''k
<;oiilltiriilal MiH-kH
ItiiUii iillDiil
&o., uAuat
Total Eaxt Imlln,
AiiuTlcuu
Totnl vIrilWe supply
1875.
34,2,')0
05,000
130.000
17,000
117,^0
210.000
18,000
385,000
63.000
201,730
301,000
23,000
822,500
083,991
980,750
739,351
33;j.2.%0
710,934
I
07,0(1.
....
O^il.
tiik I.5;teiuor
Ports the movement— that
Seoeipta Sbipm'ti)
On..
CoIiitiiliuK, Ga.
Stock.
Week ending
9,148
3,U08
3,590
7.370
5,809
7,167
3,664
3,340
7,520
4,403
4.525
2,346
3,560
6,476
.Ntubvillu.Tuuu..
1,303
67r>
1,408
4,172
2,547
2,272
3,956
3,275
2,980
37
Total, old ports.
30,830
26,768
24,040
19,239
1,605
1,345
1,919
llfl
2,331
561
1.700
1,829
Aui^iinta.
Mm-iiii.
On...
MontBiinicry, Ala
AIh
flclin;^.
5,.590
729
M>*inpl)lt*, Tt^iin..
mil
T( •xas
IX,
Tvx. ..
1. \M..
j,-ir, I'.SOU,
\
in.ii
^rl88
I
1,0.59
572
464
4,41.1
2,4.i0
3.989
2,387
1.558
1,014
1,2.50
1,731
6,427
2,775
1.3H4
6,994
400
790
353
800
509
1,6.38
323
1,033
30,116
24,842
22,568
17,199
12,592
13,312
51.610
47,208
36,438
27.228
29.720
Mo
Claciuuatt,0
new
p'rts
Total, all
60,946
I
1,605
4,W40
2,800
2,712
8,381
2,401
Uu
Total,
1,862
644
510
896
313
Ga*
jmis,
348
16,408
2,217
1,967
CharluUe. N. C...
at
50
14,636
483
AIl:iiHii, Gil
Kouu'.
1,061
1,476
3,019
2,801
2,206
1.365
2,968
2,215
3,938
2,523
3,031
2,861
2,031
.
V l.l
ijnltiii,
4,023
333
748
117
297
1,586
Miss..
1.,.:
3U
Oct. 5, '77.
Receipts Shipm'ts Stock.
I
1,69.")
33
891
1,623
231
486
1,617
1,306
1,851
470
188
2,520
2,324
3,311
'
91
410
3,304
1,708
show that the old interior stocks have
incremed during the week 4,063 bales, and are to-niglit 8,233
totals
l)alcs m-yre than at the same period last year.
The receipts at the
same towns have been 11,591 bales more than the same week last
year.
Receipts from the Pl.\.nt.\tiox8.— Referring to our remarks
previous issue for an explanation of this table, we now bring
the figures down one week later, closing to-night:
RECKIPTS FKOM PLANTATIONS.
In a
Receipts at the Porta.
Week
•itdlng—
1
f
1876.
lb7r.
Stock at Inter'r Ports Rec'pte from Plant'ne
1S78.
1876.
1877.
1878.
8,661
6,I0i
5,949
57,865
32.077
19,1.75
S,44S
" n.
3,368
4,384
8,00-1
4.4M
5,2 7
53,736
2S,9«;
IS.OJ.f
1,876
1,32)
3,645
"
19.
iOI-1
8,676
S,7S2
49,55a
27,979
15,494
888
2,658
1,243
« U.
5,58!(
3,29!)
4,086
47,151
^5.361
ia,527
Mf- *
3,158
681
6,163
2,691
3,6;
42.3^8
42.472
11,00-)
874
i^
*
».
1
1876.
1877.
le78.
1,119
2,149
5,8;i
2,1C2
3,069
35,18i
21,574
8,346
1,304
4!0
7.39)
1,733
4,15:
28,877
19,118
6,S.'i8
1,0S5
....
2,549
7,181
8,6
U
5,699
2:1,691
17,60
6,999
1,965
l,12o
5 460
IVl'S
4.335
I.S^BI
itfit;
16,278
6.593
11,214
3.0H
—
and
83.
Columbus, Oeorgia.—lt has rained slightly during the week
the rainfall reaching five hundredths of an inch. The thermometer has averaged 77. We have had a rainfall during the
month of September of one inch and sixty hundredths. Planters
are sending their crop to market freely.
Savannah, Georgia. We have had rain on one day this week,
the rainfall reaching three hundredths of an inch, but the rest of
the week has been pleasant. Average thermometer 72. hiirhest
84 and lowest 68.
Augusta, Oeorgia.-The weather here has been clear and
pleasant, there having been but one light rain throughout the
week. Accounts continue good. Planters are sending cotton to
market freely. Averaere thermometer 71, highest 85 and lowest
The rainfall is one hundredth of an inch. 'I he rainfall dar61.
ing the past month has been eight inches and eighty-three hun-
—
dredths.
Charleston.,
8*
26.750
20,7')i
16,149
9,979
I8 86fi
5,885
26,7;0
12.109
4:, 43;
'23,431
16, i7:
18,9.1
41,4i7
11.932
47,431
comparison:
6!!,'.I98
2-J,.34j
7i,.3S5
2^901
15,1U4
26..37T
6J,9it8
21,17;
74.355
J7.
65,-4.
43,li8
38,'3':
m,m
98,8
ao.s'.o
3r,8;«
9i,845
4S.Ii8
98.663
4.
70,010
67,018
>
tw«i.
40H.s;
i«4
1
3
i)|
130,990
4 0.37t'
29,72
i7,m
1-;2,199
lh7,3T
70,040 130,990
164.531) 115,1.12
This statement shows us that the receipts at the ports the paat
9"J0 bales, received entirely from plantations.
tlie receipts from the plantations for the same week
were 70,040 bales, and for 187G they were 132 199 bales.
^^E\Tnitn REPOJiTS BY TEr,EaR.\piT.— The weather the past
week has, in general, been very favorable for maturing and picktag the crop. In portions of Texas there were hard local rains
W^ne or two days, but no damage reported.
V^veeton. Texas.— We have had a sprinkle on one day this
jwek, the rainfall reaching three hundredths of an inch. The
therniometer has averaged 81, the extreme range having been 73
I'icki'ig is making rapid progress.
There has been a
.
,
wwfall during the past, month of five incheaand four hundredths.
inOianiiki, Texas. -^']%\e weather during the week has
been vvttrm
and dry, and picking is iiro,'ressLng finely. .The thermometer has
ranged from 75 to 9|, averaging 83. The
wnfall for the month
week were 130
Last year
•
n eiglity-eiglit hundredths
of an Inch.
C'.r<,. ,,,,„, Tex(u.—lt
has rained hard on two days of the week
ju^i
1,, ,i_ but no:serious damage has
been ddne. PicKlng is
lri)^'it.,..-iug rapidly.
Average thermoiricter 78, highe.st 93, ^nd
^'"^ rainfall for the week is two inches and fifty-nine
j^'
l,""!f'
hundredths, and for the month of September
two inches and
seventy -threQ hundredths.
.
Uiill,t.t,
7',j.«^._\Ve i,ave
had hard ra(n on two days of the
has proved beneficial. Picking is progressing. The
tlierniometer has averaged 78, the highest
being 93 anil tlie lowf St w.
iiie rainfall has been two inches
and fifty hundredths.
^ ^°^ tlie month ia two incTifs and sixty-tLree>unweek, but
dKHlthT
it
—Telegram not received.
also received by telegraph,
rivers at the points named at 3 o'clock
give last year's figures (Oct. 4, 1877) for
15,784
41.457
5
South Carolina.
The following statement we have
showing the height of the
IS
"
0«.
kL
I
" 80
19,78
K,
highest 84, and lowest 56. The rainfall
has** reached ten hundredths of an inch.
Nashme Tennessee.-\i has rained slightly on one day of the
past week, the rainfall reaching twenty-five
hundredths of an
inch
he thermometer has averaged 69, the highest
point
touched liaving been 80, and the lowest 59. 'I he
rainfall
month of September is two inches and seven hundredths for the
Memphis, Tennessee.— Tc\ef;ta.m not received.
Mobile, Alabama.— li has been showerv one
day and cloudy
one day during the week, the rainfall reat'hing one
hundredth of
an inch. The balance of the week has been pleasant
Pickinir
IS progressing finely.
Average thermometer 78, highest UO and
lowest G9. The rainfall for the month of September
is three
inches and eighty-five hundredths.
Montgomery, ylteftama.—There has been no rainfall here
during the week. The thennometer lias averaged 75 with
an extreme range of 64 and 87. There has been a rainfall of
two
inches and fiftyfive hundredths during the past month.
Selma, Alabama.— 'i^ere has been no rainfall during tlie past
week. The days have been warm, but the nights have
been
cold.
Picking is progressing finely.
Madison, morida. Telegram not received.
Macon, Georgia.— It has not rained here during the week. The
thermometer has averaged 73, the extreme range having been 63
Oct.
•'
imuuA
m. »"l
VtcMmrg. Misnxnppi.—TiAegram not received
m
'78.
highest
81,
durin« IIm
grr»t
Columbus. MMmppi.-TU„ thermometer
liu averaffed 77
during the week, the highest bein^ 80,
and the lowest «»*^er6
has been a rainfall of ten hanSredths
of an inch. All iraia*
twlZ
stopped over our road.
Little Rock, Arkanm».-Vi\i\Ky,
Saturday and Sunday of the
past week were cloudy, and there was
a light rain on tu«dar
is
iitat«>nient:
Wook emllng Oct. 4,
h««
\n
HAreveport. Z,««i«/jna.-I'Tcklng nrogrotming
under favorabla
circumstances and cotton con.ing in /reely.
Avfrage thermora^r,?
7„, highest 90 and lowest 00.
The rainfall thu» far tbU month
ha.s be,m one inch and slity-sii
hundredtha.
the receipts
and shipments for tlie weelj, and stocks to-night, and for the
corresponding week of 1877 is set out in detail
the following
—
liaii been no rainfall
proffrenHlng rapidly and th.-rn
"f
Average
thermom«t«
ruined on one dsr of the put
fifty-five hundr«lth» of an Inch
?h«
Uiermomotor has averaged 78.^ The rainfall
for the month^
September m one inch and eightyfivo
hundre<Uh».
Tlicso ficure.i indicate a decrease In the cotton in siglit to-night
of IT.'?,.')!)! Imles as compared with tlie same date of 1877, a
deereiiie of 701,901 bales as compared witli the corresponding date
of 1870, and a (lirnase of (515.511 bales as compared with 1875.
At
TeT(u. -There
•'"
^^^''
ft*""'?""-"
week, .[^^"T;
the rainfall
reaching
Csil.
S'u'l-
*""«
for ..i„v
for
packers.
1,101,593 1,280,181 1,808.491 1,720 104
UvoriMiol
Mill. Upl.,
1870.
383,000
au.M.'^o
396.230
708,313
ifeo.
ToUl
Priw
1877.
2«:f,boo
140,000
10,000
for Kiirone
lli-iull,
Kgil>t,
1878.
IftT.OOO
Sa.7.^0
6.S,A0U
861
w
Picking
^rtnhnm
We
1878.
3.
Oct 1, "TT.
Feet incb.
Oct. 3, '78.
Now
Below hl.srh-wator mark
Above low-water mark..
Above low-w.iter ni.irk..,
Above low-wiiter murk. ..
Above low- natcr mark...
Orleans
.
Memphis
Nashville
Shrevcport
Vicksburjr
Feet Incb.
1
2
3
5
4
4L
G
1
9
1
11
Missing.
4
1
7
Missing.
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, whicli is 6-lOths of a foot
1871. or 10 feet above low-water mark at that point.
above
—
CoMPAn.*.T[VE Pout Receipts and Daily Crop Movkm bnt.
comparison of the port movement by weeks is not accurate,
as the weeks in different years do not end on the same day of tha
We have consequently added to our other standing
month.
tables a daily and monthly statement, that the reader may constantly have before him the data for seeing ^h* exact relativs
movement for the years named. First we give the receipts a^
A
eich port each day of the week ending to-night.
POUT KECEIPTS FBpM BATDRDAT. SKIT, ^8,
D'ys Now
of
Orwe'k leans.
Ha-,
cajas- Savan-
bile.'
cstofi.
nnli.
1,131
6j(9l 5.Q'.V
Mpn
l.l'^l
Tucs
5,699
1.0H71 6,611
872 ;,032
6,093
6.685
0,2r2
2ft3f1,4.50;' 4,000
7,3'>S
Wed
Krl..
1.63G
870 4,602 *,835
2,2<>1
426^ 4k0e8
Tot.. 12,111
6,515
'78,
TO FIUOAJ, OCT, 4»7fo
Gal
if?,1lr.f-?JWo,^iill|W*
VC9t*B.
2,295. l.Sil
5,i(«' i,»s!7
l.J>*(b 2;531
7,111' 1,781
1
1.082
r^l"
r3(
M12. 1.911
eoo
510
78«
S«8
78«
.679
1,101
1,045
0.321
2,081
'
5,391 29,368 38,853 19,750 10,7411 A.a58
34.18^
9.212^130.990
:
j
THE CHRONICLE.
362
The moTement each month
Monthly
1878.
Keoeipts.
Bept'mb'r
Perc'tage
since Sept. 1 has been ai
Year Beginning September
288,848
port
1876.
1877.
95,272
134,376
169,077
Second.
1873.
115,255
is another important fact which should not
be
and which cannot be omitted from the comparison, and
is, the fearful weather prevailing over a large portion of the
South last October and November. The storms of those months
were no ordinary storms they interfered very materially with
the marketing of cotton. If one has any doubt on the subject he
has only to turn back to the record. We are, therefore, in consequence of this fact, now comparing, not with a full movement
last year, but with a movement very considerably checked by
storms, and hence, if all things were favorable this season, we
should with even an equal crop expect considerably larger
that
;
rf tot.
03-84
03-03
05-87
0403
0219
This statement shows that up to Oct. 1 the receipts at the
ports this year were 193,576 bales more than in 1877 and 51,980
bales more than at the same time in 1876. By adding to the
above totals to Oct. 1 the daily receipts since that time, we shall
be able to reach an exact comparison of the movement for the
receipts Sept. 30..
Third. But, as our correspondent says, there
1878.
"
"
S.
2....
5,708
"
3....
4....
"
5....
4,051
4,799
4,224
7,116
4,103
" 6....
" 7....
" 8....
" 9....
"10....
" 11....
" 12....
" 13....
" 14....
" 15....
" 16....
" 17....
" 18....
" 19....
" 20....
"21....
" 22....
S.
13,115
7,341
6,258
7,982
8,537
10,714
S.
15,127
10,425
10,032
11,125
16,933
11,302
8.
" 23....
" 24....
« 25....
••
26....
"
27....
17,905
18,579
13,584
13,814
23,679
18,016
" 28....
" 29....
" 30....
Tot. Sp.30
Oct. 1....
"
2....
"
3....
"
4....
Total
1877.
408
1,246
8.
616
4,630
2,996
3,414
1,008
754
1,701
1,655
3,085
1,398
3,108
1,664
2,524
2,459
S.
8,923
4,788
7,752
6,085
7,899
7,538
8.
5,063
4,109
3,555
2,735
6,340
4,049
8.
8.
24,374
8.
8.
20,015
13,011
14,978
14,421
19,682
15,094
12,179
10,720
30,714
15,621
19,854
377,448
.141,853
303,057
3,921
3,842
6,225
6,641
8.
8.
10,421
6,542
7,521
6,682
8,946
8,495
17,315
12,485
11,978
12,820
13,046
7,102
9,821
8.
169,077
14,531
12,096
8.
07-50
.5,176
8.
9376
9,741
8.
134,376
10,714
10,511
12,251
8.
i
1873.
1,439
1,571
2,101
1,497
2,206
1,563
8.
3,234
2,289
1,944
2,510
2,834
2,571
5,642
8,845
6,821
8,173
8,149
10,015
10,109
12,112
13,538
236,868
3,390
1,957
1,841
2,746
3,423
3,214
7,119
6,512
5,417
5,404
6,209
5,327
8.
95,272
13,941
8.
8.
13,925
10,417
10,364
288,848
23,599
23,283
17,537
24,181
03-26
8.
3,764
3,228
3,116
3,621
3,928
3,137
3,111
3,982
4,708
8.
1,265
1,075
1,615
1,682
2,145
1,064
1,380
1,734
1,407
1,918
1,691
S.
1874.
1875.
1876.
9,470
5,543
7,922
6,254
10,156
8,450
Percentag e of total
portrec slpts
19,503
8.
215,207
167,852
04-80
05-13
8.
5,182
3,572
3,890
4,209
5,271
3,590
S.
5,794
9,601
4,912
7,004
7,584
6,820
Ekceipts for October and November.
is
one important!
drawback to a free movement, and that is the fearful epidemic
which now prevails in the Southwest. As we stated last week,
the extension of the fever into the interior towns is an increasingly unfavorable feature. But we must remember that thus
far this restraining influence
is
even yet confined within com-
paratively narrow limits, and covers only a part of the section;
most afEected by rain a year ago. Texas, with its very large
crop, is this season able
was not true
very
The
full.
without hindrance to forward
October and November.
last
fore, at Galveston,
and
The
it,
whichi
receipts, there-
also at St. Louis, are likely to continue
Atlantic States, with their magnificent yield, are
also free to send forward, not only their
own
produce, but are in
draw through the railroads from the section which'
might otherwise, by reason of the yellow fever, be shut out tern-;
condition to
But it seems to us unueces -ary to f urthei
enlarge upon these points, as the volume of the movement now'
porarily from a market.
in progress,
shown by
this
week's receipts, is the best confirmawe can present, and the most
tion of the correctness of our views
effectual
answer
to
our correspondeot's strictures.
We
repeal-
the table of last year's receipts for October and November,
there has been wide call for it.
as
CO
05
O
n
8.
t^
tn
r-l
a
s
^
CI
1-i
11,308
10,759
o
115,255
7,501
7,989
6,452
5,702
t-l
N
n m
00
t-l
142,899
w
lO
oi"
cs"
in
CO
O
OO
*
CO
01
in
03-76
This statement shows that the receipts since Sept. 1 up to
to-night are now 235,595 bales more than they were to the same
day of the month in 1877, and 74,391 bales more than they
were to the same day of the month in 1876. We add to the last
table the percentages of total port receipts which had been
received Oct. 4 in each of the years named.
CO
OS
iH
CD
m O O 00
05
o N CO
O rX o
oT o oT
M rH W
(N
«
CO
CD
lO
05^
t^
«
CO
01
.-T
01
d
rH
05
CO
r-t
(N
T-l
(N
Ol
H
-it
CO
01
CO
•*
01
tl«
00
00
O
lO
t-^
t^
«
CO
•HI
— We did not develop,
oT
»ft
cfl
we
intended to do, the closing portion of our item on this
point last week, through want of time, being on that account
compelled to give our remarks a rather abrupt conclusion. The
following letter, however, brings up the subject again, and fur.
as
nishes the opportunity of stating the reasons more fully for the
final conclusion reached
To
Oie
Editor of Qu ChronU^,
Tours,
briefly aa
the conditions
r-i
^
r-t
.^
CO
-f
ira
S"
t^
>-l
« N M H
rt
N
CO
CO
H
W
CO
CO
01
o
Nsw ToBK,
September 30, 1878.
Deas Sir— It strikes me that yon make a great error In your Idea of a larger
movement this year than last year In October and November, and that the
expectation will not be realized, and for the reasons so clearly stated in the
early part of your Item. The Influence of the advanced condition of the crop
will be mostly passed In the coarse of another week, and then those who are
looking for a large crop and large receipts will suffer a surprise.
Aa
'
receipts.
different years.
Sept.l....
ZXVEk
— There
forgotten,
1874.
1875.
236,868
foUowB:
1.
[Vol.
'
iH
e»
r<
OS
t»
t»
CS
o"
CO
^
<a
H
« d
e<
tCO
lO
Cotton Vesckant.
we can state them, we think the following are
which make up the present situation on the point
OS
CO
t-
o;^
CO
05
i-l
•«
d
in question :
—
J»?l<.—We bave raised tbis year a large—a very large crop
This we a«Mrt, notwith«t«nding our correspondent's
MiertloB to the eoBtwry. We do not believe there is one State
ia the South which hai not brought to maturity more cotton than
a yaar ago; and as a large production is, of course, the basis of a
Ikrge movement to the ports, the receipts should therefore cghtinme, other things beiag equal, t» be in excess of that year.
Tbis will be he more readily admitted when we further remember the teaching of the last few seasons, to wit—that each succeeding year an increasing proportion of the crop reaches the
of cotton.
ports previouB to January.
n
The Qia.«OjW Bavk
Some
O
F4ji.nRB and the Cotton Xradk.—
may be interested in an article on tbiij
of our cotton readers
subject in our editorial columns to-day.
—
Bombay Shipkbktb. According to our cable despatch receivec
to-day, there have been 1,000 bales shipped from Bombay t<
Oreat Britain the past week and 4,000 bales to the Continent
while the receipts at Bombay during this week have been 5,00(^
:
OCTOBBB
THE CHRONICLE
6, 1878.1
m
foUowi.
The moremant since the l«t of Jsnuarjr Is
TliMe »ro the figures of \V. Nlcol & Co., of Bombajr, and are
brought down to Thursday, Oct. 8.
bikl<«.
Bhlpmcntu
Oroot
I
Brit'n.
1,000
1878
1S77
1876
week
thlii
Bhlpments since Jon.
Oreat
Coiitl-
Continent.
Total. Britain.
neut.
1,000
.1,000
3,(»00
3.000
This
Total.
310.000
700,000
787,000
924,000
;i!)l!,000
37(i,000| 11 1. 000
.').'>1.000l373,000
3,0001 11. 000 14,000
Since
Jnn. 1.
Week.
5,000
2,000
863,000
008,000
the foregoing it would appear that, compared with last
year, there has been an inereatt of 2,000 bales in the week's shipments from Boiubny to Europe, and tliat the total movement
since January 1 shows a decrease in shipments of 81,000 bales,
compared with the corresponding period of 1877.
OCKNY Bags, Baooino, Etc.—Bagging has been in good
request, tliough not so active as at our last report, and further
sales are rei^rtod at full figures,and holders are firm at 105@10}c.
for 11 lbs.; lOiGPlc, for 3 lbs.; and 114@lljc. for standard
quality. The sales foot \\\i about 3,000 rolls, with a few orders in
Butts are ruling quiet, but the feeling is
marlict to be filled.
3 11-16(33 13-18c. cash and time.accoriNo large transactions are reported,
the orders lieing only for small amounts; and the lots foot up
about SOO to 400 bales at 3 ll-lG@3ic.
firm, with holders quoting
ing to quality and terms.
this
week show an
inerease, as compared with last week, the total reaching 11,455
Below we give our usual
bales, against 3,358 bales last week.
York, and their
table showing the exports of cotton from
direction, for each of the last four weeks; also the total exports
and direction since Sept. 1, 1378, and in the last column the total
Liverpool.
Havre,
Il,l»8
I.60J
a,»)l
1,860
100
.
.
Savannah
Baltimore
Boston
ToUI
mm.
HO
warp.
Tan»-
Cioa.
pIco.
...:
ISO
ToUI.
"•••
ii
iM
i.m
.TT;
1,1M
.!„
t,6u
i8,9c«
umI fom ,
Vera
9W
....
;.::
oar
In
a,46J
670
700
Philadelphia....
7,000! 1,010,000
From
Thb Expokts of Cotton from New York
The partlealan of theM ehlpmenu, amoged
NewTork
Hew Orleana
Receipts.
1.
363
MO
(SO
Below we give all news received
carrying cotton from United States
„
M
ago
to date of diaaateri to
porta, etc.:
TesMls
Mabie FnEi>BirK« ship (Nor), from KawOrleaas for Liverpool,
which pat
Into
ito ...
key
., ^r,, uuiieit,
June 17, insKj,
leakv. lu
J WeM,
In heavlog
nesviog ov
ont, Sept. IB. earri;d away lir
'
main
laln and mizzen
m zzen masts
muta Hush
Hnah wiik
ii..>k _?.,.
with tk.
the rfS.ir
d«ck. Both
maau
war* Iroo, l-l^
and
showed evideuce or previous breaks.
Cotton freights the past week have been as follows:
•
Liverpool .-
.
Steam.
d.
— Bavrc— —Bremen.—
>-Hambar(-«
BaU.
StMm. SaU.
.
«
.
Steam. Sail. Staan.
Sail.
d.
c
c.
e.
—av 15-64 comp. X cp. -Af( 11-16 comp.
—^5-16 M comp. a cp. —OK 11-18 coop,
—$ 6-16 X
comp. X cp. H»H 11-18 comp.
Wed'day..5-I6iail-3i
Hdti-Xt X cp. —OX 11-16 comp.
Thnrsday.J-l6ail-32
j[<a9-l6 X cp. —&S 11-1* comp.
Friday
5-16^11-32
^^9-16 X cp. -SX 11-16 comp.
Liverpool, Oct. 4—5:00 P. M.— By Cable
c.
Saturday.
e.
c.
Su X
Monday..
Tuesday.
X
X
K
K X
X X
M
M
comp.
como.
comp.
comp.
comp.
comp.
—
—
—
—
—
—
prom Liter.
POOL.— Estimated
sales of the day were 7,000 bales, of which
bales were for export and speculation.
Of today's sales
5,900 bales were American. The weekly movement is given aa
follows
500
New
for the
same period of the previous year:
max.
Same
SHDiiie
Total
to
Sept.
Sept.
Oct.
U.
25.
2.
to
period
prev'af
date.
year.
Sales American
Of which exporters took
Of which speculators took..
Total stock, actual
Total stock, estimated
Of which American, actual.
Of which American, estlm'd.
Total Import of the week
3,345
5,44i
3,153
11,155
il,6!l
17,68^
1,585
Total to at. Britain
z.ia
5,413
3,153
11,155
24,611
19,371
194
100
337
222
191
lOO
837
222
Actual export
Amount afloat
Of which American
The following table
••*•
Brames ssd Hanover.
105
200
305
105
200
305
160
fUfflbnrg
Other porta
5,o6J
Total to N. Europe.
....
paiiLOportoAQibraltarAc
5,163
*«
nw
TOBK.
This
week.
Sept.
....
....
3.215
S,6.3«
31.685
25.303
S.asS
rHILADBLP'U
BALTIlfOBI.
raoa
Orleana,
Texai
Savaanah
Since
913
7,079
13,687
1.
4,495
80,007
34,419
This Since
week. Sept.!
This Since This since
week. Septl. week. 8ept.l.
6»ia
Horthirn Porta
3^
Tennaaam, tK
2,066
003
6,092
,
Total thta rear
83,523
Total last jear,
13.874
Bhippihg News.
18,477
3.87i
10,713
79
2,533
447
1,430
5,158
981
4,41%
5,541
—The
prices of cotton for the
Monday. Tuesday. Wedn'sdyl Thurad'y Friday.
I
.® 6>a
.® 6»8
...a
...a
a
6>3...a
6>9
6'^B|...a
OH
-• 67,,
.9 en
Low
Hiddling clause, onlM*
d.
Sept.. ..67l8®lS32®7,g
Sept.-Oot.. ..tj5i8®H33
Oct.-Nov
6732
Nov.-Dec
6833
Delivery,
Feb.-Mar
d.
6»ss
SSjj
SHaj
Mar.-Apr
une-July
Sept
6"3j
Delivery.
4.
Oct
eiijt
Shiptnent.
Oot.-Nov.,n. crop,
eaU
6>«
Monday.
Delivery.
Sept. 67i8-1532-T,g-1332
Oct
Sept-Oct
61132339
Delivery.
Dec.-Jan
May- Jime
61132®% Oct.-Nov
Oct.-NOV. 673aa>4!a733
Nov.-Dec
6*33
Feb.-Mar
Oct.-Nov
Delivery.
63jj
6832
6vi
6»8
6732
Feb.-Mar
Wiipment.
6»32
eiis
Nov.-Dec., n. crop.,
63n
Nov.-Deo., n.orap,
6H
saU
THESDAT.
Oct
Oct.-Nov
Nov.-Dec
Shipment.
Delivery.
61l3o®3,g
6332
6332
Oct.-Nov
Nov.-Deo
saU
61u
Wednesdat.
93
900
6,685
138
998
7
396
1,142
14,143
1,277
5,564
3,968
649
cotton from
3.413
Oct.
Oct.-Nov.,
Nov.-Dec
the United
Deo.-Jan'..
Jan.-Fob
6%
Nov.-Deo
Jan.-Feb
8li6®l32
.6
Nov.-Deo., n. eiop,
6
sail
6
Wednesday
Nov.-Dec
ioclade the manifests of all vessels cleared
sight of this week.
up
to
York,
Saijj
5l»i8
ShipmenU.
Nov.-Dec, n. crop,
sail
53«M
5»»n Oot.-Nov., n. crop,
6
5i*u
Dec
5l»ig
5l»i8
Oot.-Nov., n. crop,
saU
.»"i
sail
5»>jt
-Jan., n.op.,8l,Ssi ja
Dec-Jan
ShipmenL
Delivery.
Delivery.
Oct.
Oct.-Nov
New
Delivery.
5732 Feb.-Mar
6I18
Dec.>Ian
6®53l32 Jan.-Feb
53I32 Nov.-Deo
5313a Mar.-Apr
Fbidat.
we
to
>sw ToBK—To Liverpool, per steamers Baltic.
6«s3
Delivery.
8,333
T738
1,380
With regard
last Friday.
Shipment.
Delivery.
Delivery.
Oct
Oct.-Nov
Feb.-Mar
Thursdat.
6.911
exports of
1,312
619
1.:
3,231
States the past week, as per latett mail returns, have reached
23,269 bales.
So far as the Southern ports are concerned, these
are tht same exports reported by telegraph, and published in
Thk GttRomcLK,
show the dally closing
These sales are on the basis of Uplands,
otherwise stated.
r,35.S
30
105,762
41,667
826,000
20,000
4,000
5,000
134,000
16,000
Future/.
'690
3,8)1
Foreign..
'*
Delivery.
Mobile
Florida
B'th Carolina.
iTth Carolina.
Virginia
452,000
363,000
11,000
6,000
6,000
150,000
10,000
4.
Satubdat.
The followmg are the receipts of cotton at New Tork, Boston,
Philadelphiaand Baltimore for the past week, and since Sept. 1,'7S:
Mew
.
.® 67,8
....
Grand Total
Tg
.
Dtlireri/.
Total Spain,
435,000
Dot.
40,000
58,000
2,000
1,400
29,000
44.000
4,000
6,000
1,000
2,000
887,000
429,000 "35i',doo
229,000
303,000 194,000
18,000
21,000
5,000
9,000
4,000
e.ooo
130,000 141,000
24,000
45.000
I
Mid. Upl'ds
Mid. Orl'ns.
allottiera.
BKi
Saturd'y.
Sept. 27.
52,000
1,000
40,000
3,000
2,000
week:
Spot.
Total Franeta...
will
Sept. 20.
4G,000
2,000
33.000
6,000
2,000
bales.
Of which American
Uverpool
Other British PorU.
Harre
Other Piench ports.
week
Forwarded
xportaolOottonCbaleMrromNeiv YorlcaliieeseDt.lt 1878
zroans
Sept. 13.
Sales of the
6732
61l8®>33
53I32
5i5ie
Feb.-Mar
Mar.-Apr
June-July
Jan.-Feb
6
8»is
Total bales,
1,199. ...Ei
t,
Oermanle, 1,919 and 49 Sea Island .... Wyoming. 3,r
1,844 ...
2,(01
To UaTT«, per steamer Perelre. 100
To Bremen, per steamer Main, 2D0
N«w Orlrans-To Liverpool, per steamer Muriel, 1,600
To llaTre, [ler ship Zephyr. 2,583
»
Tu Vera Cruz, per steamer Cliy of Mexico. 850
To lampico, per steamer City of Mexico. 50
SiTiKNAa— To Liverpool, per steamer Lottie, 3,831 Upland
To Antwerp, per hrig Taritu, v>60 Upland
Baltimorb—To Liverpool, per steamers Nova Scotia, 1,000
BREADSTUPFS.
Bothnia,
11,155
100
Fbidat. P. M., Oct.
200
A
1,600
2,553
850
50
i
3,331
960
Qaaaeodi,
„550
To Bremen, per ftcamer Koln, 160
BoatoK—To Liverpool, per Bteamerii Brazilian, 70 .. riyrlan,
PHtLA»iiratA—To Liverpool, per ateamer Lord CUve, 700
1,5^0
150
570
700
SOO
4,
ISKL
market has been only moderately active, and prices
The Extreme low grades,
reflect more or less decline in values.
which had been sustained at disproportionate figures, have givett
way most. Choice patents have been best supported. There
has been a moderate export business at the redaction, but th«
The
home
flour
trade bought sparingly.
Supplies are
now somewha»Me«
than a year ago. Rye flour and com me^ are witboaTo-day, the market wis stesdier, but qoM^
essential change.
liberal
•<•
•^'M ••«««,
•^••«t ••••t«v*«n**»t*«» ••••••••••••••••>. •t**»«..
,
33,2«9
:
.
;
THE CHRONICLE.
364
[Vol. XXVII.
The wheat maiket has been depreseed by the urgency of KSCKIPTS OF FLOUR AND GRAIN AT SE.iE0.\^RD PORTS FOR THE
WEEK ENDED SEPT. 28, 1878, AND FROM DEC. 31 TO SEPT. 28.
Prices gave way starjily until yesterday, when an
Flour,
Wheat,
Corn,
Oats,
Barley,
Rye,
for
No.
2
done
at
was
business
^1
05@1
OSJ
exceptionally largd
bblB.
At—
bu'h.
bush.
bush.
bu*h.
bush.
New
York
110,533
1,763,318
495,882
512,803
114,950
208,498
red winter, spot and October, and $1 Ooi@l 05f for November
sellers.
Boston
also.
same
No. 3 amber
deliveriea, $1
1 white,
No.
07i@\
f
with some
;
at |1 Oi, and No. 1 do. at |1 05i{ffil 06.
Spring was also lower, with No. 2 nominal at 9G(g98c. There
is at the close an important revival of the demand from France.
Beceipts at the principal markets of the West have fallen off,
but much wheat reached the seaboard direct from the smaller
towns. To-day, there was a partial recovery of values. No. 2 red
business in
selling at $1 05i@^ 05i on the spot and $1 06 for November,
No. 2 amber $1 04@1 04^; No. 1 white $1 08i@l 08i and No. 3
spring 96c.
Indian corn also declined, reaching yesterday 48(S4Sic. for No.
2 mixed, spot and Oct. and 48f@49c. for Nov. At this reduction
there was a large business in spots and early futures, stimulated
by the smaller supplies now coming forward. Other grades ot
corn have been scarce, and it is notable that "steamer" mixed
brings almost as much as No. 2 Buitable for shipment by sail.
To-day, there was a recovery to 4Jlc. for No. 3 mixed with a
fair
demand.
Rye has been moderately ac ive, but latterly prices are weak
ana irregular. To-day, a boat-load of No. 3 Western sold at 59c.
Portland
Montreal
Philadelphia
Baltimore
60,966
2,500
29,571
...
114,350
8M,t64
309,500
672,800
375
2B,.3CO
26,161
1,373
NewOrleans
247,454
513,173
223,511
Total
Previous week ....
Corresp'ng week,'77.
3,141,807
3,'<15,665
2,951,780
75,100
6,830
214,446
442,600
131,600
300
76,050
8,300
34.428
74,200
16,650
400
53
28,509
6,200
21,1.00
754,778
750,601
1,336,733
1,282.021
1,883,222
723,ltJ9
I,40O
160,153
61,002
142.206
216,493
183,349
92,102
Total Dec. 31 toSp.28.6..5S3.743 74,611,201 83,674,431 17,838,587 2,717,430 3,660,812
5,2-)5,550 19,693,130 66,63.5,921 14,056,171 2,424,903 1,6-0,714
Same time 1877
Same time
Same time
6,917,132 31,439,174 6T,191.22S 18,445,794 2,976,917
6,725,80 1 37,703.497 40,752,886 13,625,631
733,457
1876
1875
651,009
827,691
EXPORTS FROM UNITED STATES SEABOARD PORTS AND FROM
MONTREAL FOR WEEK ENDED SEPT. 38, 187S.
Floar,
Wheat,
bush.
2,00e,7W
Boston
bbls.
60,874
6,319
16,461
311,417
8', 293
Portland
Montreal
Philadelphia
Baltimore
12,012
4,318
14,517
98,226
331,7*8
747,083
16\80i
5,9.5;)
310.177
31,52m
300
435
From—
New York
Corn,
bush.
bush.
Rye,
bash.
162,119
19?,379
Ojts,
Total for week.,
168,Sn4
83,170 8,253..309
903,244
Previous week
82,122 4,37.5,383 1,359..333
107,277
T\»o weeks ago
102,147
109,992 4,175,212 1,763,714
Same time in 1877... 66,673 3.007,022 1,059,088
23,183
From New Orleans 36,424 bu«h. wheat and ICO bbls. flour.
The Visible Supply of Gr AIN,
coinprisiner
Peas,
busb.
3,631
6C,596
19.3,659
114,25:^
i;8.123
62,917
123,370
11,515
32,147
86,468.
the stocks in
$1 23 for 6-rowed State, to arrive, fl 33 for
Canada East, and $1 40 for choice Canada West but towards the
close bids were reduced 3@5c., and there was more disposition :o
press sales. Oats have been steadier. To-day, the market was
steady, wiih No. 2 graded quoted at 29Jc. for mixed and 29|c,
granary at the principal points of accumulation at lake and
seaboari ports, and in transit by lake, canal and rail, Sept. 28,,
for white.
Chicago
Milwaukee.,
Duluth
Toledo
Barley pold
at
;
The
follo'.ving are the closing quotations:
i .......
Superflne State
era
&
^bbl. $S 40®
Grain.
Wheat- No.3sprlng,baeh. |0 87®
83
No. 2 sprini;
66^0 97
No. 1 spring
Red and Ambei Winter
95® 1 06
Kerl Winter No-8.... 1 05^ ®1 05;^
3 10
West-
®
3 iOft 3 50
3 93® 4 10
Extra State, &c
Western Surmg Wheat
extras..."
fOa
238
3
4
doXXandXXX
While
4 20
tr«s
or®
40®
4
do XX and XXX..
Minnesota patents
4
6 00
a
tO®
City sUippiiii; extras
4
Southern bakers' anj fa4
mily brands
50®
5 75
Bouthern shippV extras.
4
15^
Hye
2
2
2
9)a
404
90a
flour, sapei-flne
Corn meal— Western, &c.
Corn meal — Br'wine. &c.
The movement
in
.
.
do steamer grade.
do white
do
je'lo.v
Rye— Western
i 80
5 75
8 CO
4 85
6
4
3
2
1
Corn— West'n mixed
do winter shipping ex-
lO
.'.6®
60
Bariey— Canada West
State, 4 rowed
...
State, 2 rowed
Peas— Canada bond&free
1
"
30
|
75
1
2 95
1
breadstuffa at this
a
49®
Oats— Mixed
White
25
02a
46®
43®
5
State
1
.
(»
26®
27®
15®
oca
I
.
10
49
53
50
59
64
33
37
1 «0
1 25
77®
market has been
follows
^RECEIPTS AT NEW YORK.—,
,
time
Since
Jan. 1.
weelj.
122,115
3,890
KXPnRTS PROM NEW TOBK.
,
Same
1878.
For the
1877.
2,190,9.52
For the
w
elv.
Since
Jan.l.
For he
i
weelj.
Since
Jan.
• Incloding malt.
BBCBIPTS AT LAKE AMD RIVER P0!T9 FOR THE WEEK ENDING
SEPT. 2i, 1878, FROM DECEMBER 31 TO SEPT. 28,
AND FROM AUGUST 1 TO SEPT. 28.
Wheat,
Flonr,
bble.
(196 lbs.)
AT.
.
Toledo
Detroit
Cleveland
Louis
Peoria
3J,l.i8
36,4i0
1,314
6. too
3,003
38.31-5
St.
Duluth
New York
at—
hush.
1,8915,318
6i.0(,n
Albany
l,9.i9
.
3,850
Total
li5,8!8
Previous week
129,739
Corresp'ng week,'77
147,891
Corresp'ng week,'76
112,055
Total Dec. .31toSp.28. 4,118,636
Bams lime 1677
3,158,146
Same time 1876
3,822,30)
Same time 1875
3,390,398
Total Ang. 1 toSp.28 921,977
Same time 1877....
921,301
886,5.35
Same time 1876
Same timt 1376
745,479
.
bush.
lbs.)
Corn,
bu'h.
(56 Ib'.l
l,S0t,7t,3
Oats,
bush.
Barley,
bash.
Rye,
bUfh
(48 lbs.)
256,043
145,735
1,000
3,323
6,800
51.583
13,500
(66 lbs.)
72,682
15,230
477,966
519,628
499,706
438,865
1.30,303
60,019,937 76,281,962 2t,094,021 5,610,215
29,003,718 63,387,624 17.618,6:10 4,687,475
37,133,678 63,353,1.39 19,032,693 4,4I6,0t8
45,.307,563 28,567,761 18,033,723 2,!.9a,714
3,781,137
4,159,603
1,649,391
2,178,3:8
(1,0
769,691
447,163
.381,4ti3
292, »84
35,200
319,536
8,000
94,067
2,317,604
S,646,£01
3,582.591!
1,793,091
26,072,960
18 7I5,1W3
10,689,540
14,925,775
18.:8J
152,;i5
4J0
67,650
83,5«0
183,675
(.32
lbs.)
399,519
33,493
34,3?3
7,636
53,6110
4i, 53
119,0.,0
1,(163,323
696.579
1,701,199
1,9.5,718
3.020,948
743,3'.4
1,167,838
841,068
23.7c0,8t0 10,432,930
211,7! ,029
6,972,323
19,949,791 6,2i5,«9i
10,829,235 7,372,356
l,4f;6
45
2
0110
12,305
26,675
180,413
122, 906
118,106
2,579,564 1,721,828
1,918.291 1,219,616
1,416.761
631,978
1,435,459
614,036
Bariey,
bash.
673,53,1
4S2, 41
329',7,'6
!34.2r6
11,797
ia5,0OQ
651,754
ieo,ooii
7,55,376
64,100
290,785
723 800
79,794
Rye,
bush,
i04,048
88,000
142,lil3
191,325.
O'^roo
47,944
261.731
849,612
69 ',75*
5,000
4,034
64S 0)0
62,327
6,035
76,378
35,332
2! 500
28,801
S3 .797
Louis
Boston
Toronto
Montr.al
196,01)4
Philadelphia
Peoria
Indi napolis
223,416
42.842
55.73;J
1,7,36
9r,721
163,307
KansasCity
Baltimore
R',il shipments, week
Lake shipments, week
On
Oat",
bush.
1,15.5.586
589,803
Detroit
St.
Corn,
bush.
1,436,761
17,000
456,h60
2,686 839
19,379
1,663,864
Oswego
6.50,413
374,0S1
1,487,753
8,563,000
canal
Total
Sept. 21, 1878
Sept. 14. 1878
Sept. 7.1873
Ang. 31,1878
Aug. 24,1878
Aug. 17,1878
Aug. II), 1878
Sept. 29, 1877
1.
Flonr.bbls.
3,13i,511
55 840 1.818,316
31.8.37
9:i6,704
3,--'32
73-1
15!,034
17f,817
C.meal, "
16;,230
16.5.875
Wfaeat,bns.l,651.4;8 4l,8in,770 9,r2i,i 33 2.010.39) 40,3UJ,62S1.319,aa» 9,435,066
"
Corn.
771,550 28,7ti3,8li 20,576,737
380,210 2i,l33,167 564,9 2 19,1211,762
"
18J,999 .i.312.437 11^,659 l,50i.0i,6
Rye,
182 704 2,9r.\h8J 1,1^9,110
Barley, " • 15,t47 •3,j36,19B •2,732,013
...
1.510,443
533
803,166
"
Oats.
485,935 11,0;5,M9 7,886,192
168,739 2,8!5,182
30,199
I5U,24t
Chicago
:
Wheat,
In Store
ButTalo
Flouu.
No.
was as follows
1878,
....12,473.859
12,589,391
11,703,439
12.604,249
10,997.101
9,749,418
7,740,136
fi,5;7.i)53
8,488919
4,!6T
234,407
461,515
30)
207,830
134,814
96,475
83,e34
77,377
460,523
434,317
1,345,820
2,516,000
11,134,092
11,2'3,242
10,601, ,568
11..36!,411
11.848.373
11,035,671
9,291,459
8,301,935
11.233,348
99!878
128,626
16.749
7,958
99,647
1,64T
6ti6
16. 00.
179,949
I24,nl6
1,993
2,075
35l',662
1?8,422
79.903
679,000
183,191
700,1,00
4,213.525
4.115,278
4,318,273
3,913,3 8
3,657,324
3,073,079
2,414,904
1,812,351
3,602,963
133,263
33,248
3,9'7r>
8,212
81,561)
143,100
3.083,073
1,.552,919
1,8-11.9631,073,074
2,261,931 1,026,128.
1.555,811
977,0.56
1 371,247
695,322
1,8.35,604
695,411
1,106,708 534,821
l,l7il,517
407,415
1,489,853 579,4 10>
THE DRY G0 3D3 T lADE.
Fridat,
The continued mildness
of the weather in
p. M., Oct.
many
4,
ISTS.
sections of the
country has had a depressing influence upon the dry goods,
mirket, and business has be'U comparatively light during the
past week in all departments of the trade. Tbere was, however,,
demand at first hands for small reassortments of seasonable goods, and the jobbing trade, though much
smaller in volume than during the busy part of September, wa»
not altogether unsatisfactory. Accounts (rom most parts of the
a steady hand-to-mouth
interior are still encouraging, but the srread of yellow fever in
some
of the smaller towns in the Mississippi Valley has created
an uneasy feeling among distributors in that section of country
which was reflected in the paucity of orders from the Souih andi
Southwest during the week.
Domestic Cotton Goods. The exports of cotton goods from
this port during the week ending October 1 reached the handsome
aggregate of 4,821 pickages, the principal shipments of which
were ciade to the following markets: China, 4,141 packages
—
;;
Great Britain, 187
West
Indies, 55
;
Hayti, 122; Putch West Indies, 74; British
Central America, 4?;
Danish West Indies, 49„
;
;
market was generally sluggish dur ng the week, bat
prices remained fairly steady, and, while a natural accumulation
of some makes of gools is reported, the supply of leading makes
SHIPMENTS OF FLOUR AND GRAIN FROM WESTERN LAKE AND
of staple goods continues in very good shape. Bleached shirtings,
RIVER P0RT3 FROM DEO. 31 TO SEPT. 33.
ruled very quiet, but brown and colored cottons, corset jeans,
Total Dec. 3t to Sp.2M. 190,1177 45,120,393 65,284,029 16,743,972 2.569.464 2,831,487
Same time 1877
3,.346,;35 24,48 ',273 5,5,803,187 13,.ill,393 2,9.37,061 1,904,72!
wide sheetings, cotton flannels, &c., were taken, in small lots, to
3,146,.319 31,928,428 58,430.49; 16,157,767 1,710,791 1,381,162
Same time 1876
Print cloths were quiet and slightly lower,,
a fair aggregate.
Same time 1875
3,725,22*53,995,920 34,209,311 13,697,035 1,468,005
551,740
SAIL SHIPMENTS OF FLOUR AND GRAIN FROM WESTERN LAKE closing at SJc, cash, for 64x64s, and 3 5-lGc., cash, for 56x608.
Prints were in irregular demand (with most relative activity Ja
A'SD RIVER PORTS.
Week
Flour,
Corn,
Wheat,
Date,
Barley,
Eye, Turkey reds and patch-work prints), and ginghams and cotton
ending—
bbls.
bush.
bush
bush.
bu'sh.
bash.
dress goods exhibited less animation than of late.
Sept 28, 1S78
4.34,311
98,577
374,061
351.6t;2
138.122
6.212
12,-i,148
Sept. 29, 1'77
S97,6t5
3itl,.522
211,437
143,427
15,648
Domestic Woolen Goods. There was a light and spasmodic
Sept, 30, 1876
4f3,fi99
884,9,'
105.392
865,930
101.033
2,835
Ocu 2, 1875
77,8;4
206,9iS
413,040
440,027
146,631
i%KO demand for men's- wear woolena at first hands, and the jobbing^
&c.
Tlie
—
—
1
OcroBRR
5,
1878.
'
:
.
THE CHRONICLE.
|
trado was quint because of tUe provailing warm weather, which
baa cUeckHil tho consumptive demand. Fancy caasimerps and
oTercoatln|;B were lightly dealt In, but there was a moderate
Inquiry for relatively small selections of worsted coatinga and
Cloaklogs and low-grade repellents met with
cbevlot suiiings.
moderate
requeit.
but Kentucky jeana and satinets were In light
Flannels continued in steady demand, and prices of the
galea,
8(55
'"' »••,•<"««« *rllele«
nrom N««v York.
Tk. Vif*""^*
The
lollowlng table,
couipuou irom
Irom Liuaioin
Cualoin HoaseratorD*
House
" ", complJeU
.!,»-..:
—
i
to all the principal foreign
countries since Jan.
1.
1878 tho
11^^:; '"'.'r° "»•• •»•"'' '"<"' •"'«". in«iudi»g "h,
«f„i„7'
nienlloned In tl.. „^1»°'
. .X«S»,-7«-i?i-.*t"''«* """"
makes were firmly maintained at current quo'ationn; but
Shawls moved slowly, but trimmed
felt skirts were distributed in moderate parcels to a fair aggreWorsted dress goods were in good demand and several
gate.
leading; makes are still sold to arrive.
FoitEiON DuY Goods.— There was n comparatively light
movement in foreign goods from first hands, and sales were
•lm:>Bl wholly confined to a few specialties.
Black and colored
Cishmeres continued active (in low and medium grades) and very
Sc itch-plaid dreaa fabric) were also' in brisk
firm in price.
request, and low-grade black and cMorod silks and silk velvets
were fairly active. Men's wear woolens, linen and white goods,
hosiery, &c., were severally in lierht demand, and millinery goods
were only moderately active. Few important olTerlngs of foreign
l^oods were presented in the auction rooms, but a large peremptory sale of real laces and lace goods, of tho importation of
best
blankets were very quiet.
Messrs.
Duden &
^|IJI1 ipSII'.pssgasg
;S*2s3
3£ = ""^52SZ
:S
:
i
5i
•
•
iS^bCli
*~
too
t--
«
•••-;
•p
'9
••«
S
:" .3
proved a great success.
Co.,
:SS5§gS£8T2J?g 151
:
Impurtattloiis ut Dr|p Uooila.
The importations of dry goods at this port for the week ending
Oct. 3, 1878, and for the corresponding weeks of 1877 and 1876,
have been as follows
UrrBBED »0B OOHSDHPTIOH *OB TBI WBBX BIlDlMa OCT. S, IS'S.
-•58
ft-
:i :!
•oj.j
S"""
"^
8"^*-
a
"??
5?-
=2
83
:2KSSS§''S2S
V3JJ
kO
:
18Ti
.
,
Pke». Valae.
Mannfactares of wool...
do
do
do
Pkes.
578
55i
49d
8"S
409
SO")
$431,721
487
679
852
10«,195
51)5
131,535
341.761
187.321
lia.SIO
3,483 $!,a4.3,569
3,039
|l,0OB,an
Sit
tUsceUaneons dryKoods.
in
Valoe.
ti26,171
157,9,-i6
3)9.518
186,584
91,254
$178,8(9
57,010
514
837
$1194,799
56,2C0
438
243
..
81
60,989
lltf
63.79'
306
842
59.:j09
885
371
12i.BS2
65,3:8
82,555
98
..
28!
417
88,783
14:9,186
Addeal'd for cODsampt'D
1,325
3,188
Totalthrownnpoamark't
cotton..
eilk
.
flax..
Mitcellaneons dry goods.
Total
4J,«9
*471,5i8
1,175
1,213,563
1,633
3,089
l,00o,211
8,907
4,815 $1,662,735
4,722
$1,177,769
BHTSBIDFOB VABIHODBIHe DOBINS
Manafactnree of wool
do
do
do
314
cotton.
i>nk
flax
151
.
$12",239
89,793
81
208
50
4i9
18J
$159,078
48,5U
1,243.569
1.397
3.089
I372,l''8
1,0.6,211
Total entered at the port. 4,897 $1,548,572
4,433
$1,378,6:9
MlBcellaneoas dry goods.
Total
809
Add ent'd for consampt'n 3,438
B5,7tfS
406
41,921
17,290
$305,003
381
1,'78
Same
time 1877
.
Qlaaeware
OlasB plate
BultODS
Coal, tons
Oocoa bagB
Coffee, bags
Ootton, bales
Drags, AcBark, Peravlar..
Blea. powders..
Cochineal
Cream Tartar..
Oambiur
Qnm,
.\rabir....
Indigo
MadderABzt.ot
Oil, Olive
Oplnm
10,803
S8,0i7
173,757
21.940
3.816
6,3 ;o
11 A 167
17.378
1,159,748
4 4;jg
29.031
20,7-0
8,57:
11.085
Qardwaie
89.1.33
Lead, pl^s
Spelter.Tbs
2il,5as
27,799
3,854 iSngar,
2,398
21.32V
2,693
2,693]
15,272
2,b54
5,0 i8
/;,9b9
£0, 81
60,87.3^
8,901
8,95
4,577
33,001
4'i.851
2.4(H)
India rabber
Ivory
Jewelry,
Ac-
Jewelry
Watches
Linseed
Molasses
.
.v^
.*-((
SI
u
368,645
1,011,570
238
83
$a5,3!8
20,7SH
91
6I,HQ
S70
S55
47.096
45,033
1,514
5,90
»S33,!33
•
^^•0 03 90 00
.3
X
-.SSS •S i3
iz
p*
•
o ^ 00 oa ;o -4 :?SgSS
CO
etiT) o
iaS
:6,l«6
,.
-Si--"*
geaS
1,011,516
Soaio
:S'
-in
&-4S
mm
3*9
g|...
:
P
ns
:
titf
:S
,.
SS" S
:R :i5
:
.
§1:;- :2
:
bze&bags.
iTea
iTobacco
iWaste
Wines,
3,019
lib
6,4:6
811,780
33,041
578
S9 986
763.806
37,317
783,434
8,253,2.0
118,973
86:1.607
8,544.5ii4
98,- 63
si
•
gssg:
"^
1,497,711
613,501
»5
831
41,1
*c—
Winei.7:...:.
Wool, bales
...
reporUd by
vaiut-
fS,195
101,728
2l,bS«
Corks
$
«
l,0a3.656
921,153
46.8>7
651.017
215,718
46.51X)
fancy goods
723.101
3:1,316
Pish..".
Fruits,
Ac-
Lemons
1.1M,685
4,3i0,
Oranges
Nuts
1,831,6.38
3.435
IS'.OOl
106,049
1,865
44,5S.'<
5li8;
Raisins
..
Hides, nndreseed..
Rice
Spices,
Ac—
Cassia
Ginger
Pepper
2,111
413
S13 96S
7J,393
S3'.
,
137.119
83,396
Woods-
90
7,975,287
2J0,43S
41,99i;
Fnsttc
.
-,0 -r«
r?
O=•
:3
J*2
.00(0
S
!?'
:
"Si-
:3S :-8s'S
-33
woo
:
•
-A
••
.3,5.110
S4.t,64
4!'8.S46
453.831
89.556
:
•
:»-»
Sp.
=
80.105
105.188
83'>,7.'i5
•£
1
«34.2d3
312.863
:
.-
•
SSS8S
9,079.3li9
419,l'i9
—.oo
c;^ —
e31,797
1,801,128
616,671
663,883
318.597
159,136
47.744
»0
ass- •'--•^ss
339,783
"
Cork
Logwood
Mahogany
519,418
5C9.S03
120,88'i
...
Saltpetre
1,857
64,781
108,817
29,881
;s
g
Arllclet
Clgars
4,716
4.W1
•133
690
-
4,131
l,f!09
4:7,931
2,31,\728
6;6.980
44,3U6
III
^2
SB
.
486.999
1,01')
977
3,69i
81,152
rjESr:?
Same
8.153
4.90)
2,31
U
U
.(JO
4 IsT $1,2:4,809
&
Cbanipasne.bkt'.
t0,743
Bristles
Hides, dressed..
Tin slabs, lbs...
Papi'f Stock
Sugar, hhds, tee.
1,374,936
bbls
4:,20'i
Ac—
Steel
Tin, boxes
19,l!i4
Sodaaeb
Hides,
i
6,208
6,140
50,8)S
fioda, bi-corb...
Soda, sal
Htmp, bales
:Si
''3
«—!
d
Catlery
904
78.; 57
41,821
Sannjr cloth
Hair
1
!0 2*
OD V
«*O
Metals, Ac.
7(18
Flax
Furs
:=
Jan. 1, '78 time 1877
Kartheoware—
QUes
C-
•
4,388 $1,.3S0,231
Since
China, QIaes and
Barthenware..
3» «0
00 3i
?iven In pacsages wijen not otherwise apeclfled.]
Jan.
China
'.'J
5S,0.36
compiled from Custom ^ouse returns,
•hows the foreign imports of leading articles at this port since
Jinuary 1, 1878, and for the same period in 1877:
Since
:|8 :g
53.81
table,
[Tti8 qaantlty Is
*
-S
$15(i.8l
Imports of lieadlaK Ardclea.
The following
"
i aS :5i2S
SAIfB PBBIOD.
52,145
81,772
31,951
.. ..
S*"
£'^
502
IDS
do
CO
do
9
8,907 $1,011,576
8AHB PBBIOD.
...
§
no
WiTHSBAWB FBOM WABBHOU8B AMD TBUOWH INTO T8B MABKBT DOBIIfS TBI
ManafactarcB of wool
•U
CO .O
n to
1878--^
.
Value
189,4i5
421.739
.. ..
Total
Pkes.
»335,510
colton..
flik
flax
1877
.
'Bi ••.'•:•.
• a 3 -S
'
WUuSoRK
55
'5
'.^1
SjSii
3
s's-^i
:
:Sa.?S£l8-'SSl|5s
's- S
ft
a-"'
i
2='
sg
<B'£r<a
8=
H
.
G0NNIE8.—See
OENERAI.
CURkENT
PRICES
ASHKS-
ih
DILDING MATERIALS—
flHots— Common Hard, afloat.. » M
Manila
Philadelphia
Cement— Rngendale
iff
DDl.
iimc— Rockland common;...*
bbl.
Rockland. flnUhlng
iunifter— Plne.g'd to ei.dry.*
M It.
«
a
~
a
a 25
/'
2« 00
^
4 73
23 00
<3
1 CO
63
w
....
i»
® 60 00
a 22 00
@ SO
a 45 00
38 00 a 45 00
Ash, good
15 00 ai5u 00
Black walnut
20 a
28
fiprnce boards & planks, each
U a 16
Hemlock boards, each
VM.ft.2500 a 45 00
Maple
keg
la
1)0
W ao
Pine, BhloplnK. box
22
do tally boards, com.tog'd.each.
..*M. tt. 38 00
Oak......
lf;j(is— :0®60d.ccm,ten.*
sh.*
Clinch, IX to
Sdflne
Cntsplkes.allslzes
iMS
6VS
tt
;
165
15
20
15
U
19
15
8 a
63i *
State factory,prlmetocholcc....*iip
"
9K
8X
OOAL-
Uverpoolgae cannel
...a
lilverpool house cannel
'anthracite— The following will show prices at
'
-'
' Te rates:
Ust auction or present schedule
D.&H. P.4R.
D.L.&W.
Fenn.
Sched.
Sched.
N. Y.
Harbor.
Auction.
New-
Sept.
;I5.
Hoooken
burg.*
Bt'm1>..$3 55
Grate... 8 65
Egg....
3 75
Store... 4 05
Ch'nut.. 3 50
50 ceuts per
®3 S'H
®3 70
Port
Johust'n.
t3 to
3 65
3 80
4 21
a 65
4 l'T>i
3 52X
4W.
L.
Sched.
ti 60
I
3 55
3 es
3 7-1
3 85
4 iO
S6U
ton additional for delivery at
New
York.
OOFITEB—
Lagnayra
St. i>omingo
Bavanllla
Costa Rica
gold
"
gold.
gold.
(Old.
"
COPPER—
V
Bolts
nvft
lejra
15
17
17Ka
•2^
n\a
18
25
18
J7
23xa
16
15
a
a
UX i
14 a
16X
"
14
'
15
U
@
a
a
17
18
28
26
23
a
Braziers' (over 16 oz.)
American Ingot. Lake
16
16>i
V
car
100 lb
t* B. gold.
*'
D Arsenic powdered
MBIcarb. soda, Newcastle.*
•*
,
potash...
IflBichro.
.
.
yib cur.
-U'O D.
UO
B. •
*
~31eachlng powder
asieachlng
•'
lOOBi
"
2
12«*
1-i
20
2
3 70
a
»
llOaustlc soda
tljhlorateitotash
pochlneal, Honduras,
I
100
"
*'
35
tartar,
car.
"
Gabebs, Hast India
Catch
d-
100 lbs.
•
'
'•
"
*'
Licorice paste, Spanish, solid., .gold
'•
Madder, Dutoti
Qaicksilver
Quinine
9>
a
21
26
25
^6
a
1st English. * lb .cor.
* lOO ft. gold
Bodaaah
Sugar of lead, white, prime.Vlbcur.
fxa
8
ll«
8 50~
a
22
47
50
1
1
13
!5
65
6^0
risa-
Gr'd Bk.4 Oeorge'a (new) cod.* gtl.
Mackerel, No. l,sf. shore, ....pr.bbl.
Mackerel, No. 1, Bay
Mackerel, No. 2 Mass. shore
Mackerel, No. 2, Bay
_
C80IT-
Bal8iaB,Seeaie88.
do
do
Layers, new
Loose, new
do
Valencia,
....
18 CO
8 00
9 00
®
a
a
20 00
9 00
10 00
^
a
a
l}«
6;<a
6X
4
10
Canton Ginger.wh.&hf. pots.* case.
gardlnes, * half box
* quarter box
Saraliiey,
Haonronl. Italian.
* B
Domestic Dried—
Apples, Southern, sliced (new) * B.
do
do
qaart*:rfl (new)..
do
State, sliced, ..,;....
do
do quarters
Peaches, pared, Ga., g'd to ch'ce '78
do
unpare:!. halves and ars...
Blackberries i«rop 187S)
;
.
BMpberrles
16ya
11X@
.."'
lOX
13
8 00
17
4
3
s
3
8
a
a
a
a
a
a
5xa
3
uxa
a
u a
11
4
5
California.
Matamoras.
TFelSaifeii— Buen.
Para,
17
9
7
9
"
do....
California,
cnr.
do
Texas,
slaaght.
gold
£./.s(oct—Ca1. kips,
"
Calcutta kips, dead green...
"
Calcutta, buffalo
a
'iOX
18
a
9S
7X
a
a
8
a
6
(^
to med...„.
goodtoprime
Forelgn
Domestic,
Eastern
Wisconsin
Old
6
..
(S
Si*
3
a
@
®
^
®
a
@
®
®
&
51
85
43
41
INDIA RaBBERPara,fine
Para, coarse
Esmeralda, pressed, strip
Guayaquil, p^-eesed, strip
rO
35
40
Panamastrtp
Carthagena, Dressed
Nicaragua, fheet
Nicaragua, scrap
Honduras, sheet
Mexican, sheet
36
IROB-Plg, American, No. 1
Pig, American, £<o. 2
Pig, American, Forge
Fig, Scotcn
V
ton.
&
*
Scroll
lb.
Brandy
Hoop, ><X.So.22tol&'.Kll3&!4 "
..gold.*l»
Sheet.Russla
5i
Oj
a
5
2
Inferlor to
F»ir
Good
i'-lO
W\
9 00
LEADOrdlnary foreign
Domestic, common
Bar (discount. 10 p.
"
"
Sheet
»
c.)
6 40
a
a
19Ha
20 a
Hemlock.Baen, A'rea,h.,m.Al.flB,
m.&
California, h.,
common hlde,h.,
SO
gO
1
m. &!....
rough
Slanghtercrop
Oak, rough
MOLASSESCaba,clayed
Cuba, Mus.,refln.gr'ds,50tesl.
do
do grocery grades.
Barbadoes
Demerara
Porto Rico
N.O., com. to prime
*
a
gal
31
"
....a
•'
"
Coffee, A, standard
45
V
bbl. 2
37X4
2 SO
wlndowglass
••
40
70
50
50
4 00
*'
NUTS—
*
Almonds, Jordan shelled
Flliierts, Sicily
Walnuts, Naples
Pecan
"
"
"
toextra
1
Whale, bleached winter
Whale, crude Northern
Sperm, crude
Sperm, bleached winter
Lard oil, Nos. 1 and 2
OIL
I
60
28
60
53
43
*
•*
I
1
i
I
I
"
"102
I
lOJ
"
45
I
SO
.
Cases...
Refined
i,^B.
'..
*
Naphtha.Glty, bbls
"
a
13
*
!0 0)
10 50
17 SO
"
6
WOOL-
eoa
CaroltQa,falrto prime
VB.
"
LoulsiaBa. fair to prime
Rangoon., In bond
^lOSB^duty
paid
Fatna,
6^9
...;
[
*
25
baitt.
26
fine
Vsack
(^
«
a2
26
28
SO
SEEDS—
«s
s^
4
4
10
4K
5V
25
19
ts
IJI
Clover, Western
Clover, New York State...
Timothy
Canary, Smyrna
Canary, Sicily
Canary, Soanish
Canary, Dulch
Hemp,
*
...a
b;1
1
15
80
,
,
.•
».,...
8
....®
.".
* bash.
2 25
a
a
a
9
a
.*-..
foreign
I 55
Flaxseed, American, rough.'.,.. ....... 1 tS'iB:
Ltnseed, Calcutta
* s« >^ gold. ^^10 Qi
'.•,9
Linseed, Bombay
|l|ll.,c»ld,
1 83
2 30
i
...
•
5 30
6 75
S
W
•
s
14
35
7
sxe
83
29
S3
80
18
Clip-
;..;.,* bbl.
"Si
,.,j
.MX
a '»
sxa
10
6
8
78
26
2!
Fair..
Interior...
rortt
®
....»
.VB
Corn,b1Kftbgs.*ba.
Wh«»t, bulk* bags..
BeoT.
*KS-
45
23
35
50
70
13Xa
i....
To LITBB'OOI,
Cotton
v.'u?.* bblv
Flour
Heavy goods. .*ton.
a
a
a
a
Nominal.
18
27
40
S3
a
a
M
10
B2X
a IW
a
11 a
K
"
«l
14 «
15
12
26
25
33
23
16
a
a
a
a
a
a
a
a
a
a
a
a
a
a
88
Sf
45
35
20
n
33
IB
21
28
80
27
27
Jli
SAIL.—"
FREIGHTS—
a
92
a
a
85
Bnrry
South Am. Merino, unwashed
Cape Good Hope, unwashed
Texas, fine. Eastern
Texas, meaium. Eastern
gold.
Smyrna, unwashed
,
Turk'slsland
St.Marttn
Liverpool. ABhton*s
IS
u
a
a
17
26
S6
18
Superior, unwashed....
....a
.,..a
"
SALT-
No. 1, Pulled.
California, Sprmg
7
*xa.
23
81
IS
NomlnaL
Extra, Pulled
81CK-
SO
75
_
American XX
American, Nob. 1 tt
American, Combing
UX
lOXa
a
a
a
•
a
14
It
Manufac'd.ln bond, black work
<•
" bright work...
6«
....a
"
"
21
3i
.
10 50
11 00
18 00
a
IH
Nominal.
Pa. assorted lots, "76. '77
Yara, land II cuts, assorted
Havana, com. to fine
8 IS
2j
3>
4V
18
21
*B
Kentucky lugs, heaw
'*
**
leaf,
com. to fine.
Seed leaf—New Eng.wrapper8'!6-'77
•'
"76fillers,
do
"77
10
V B
..
"
Plates.char.terne
"
•'
**
"
*bxgd.
Plates.I.C.coke
i5«
a
a
a
43
goId.*B
"
Banca
,
Beel.p'aln mess
8X
8X
18
^5
35
.,,.
.
Straits
*'
Beef.extra mess
Beef hains, Western ... .;;
Bacon, WeEt. long clear
to fair
TIN-
7«a
bbl.
iai
a S3
a «
Nominal.
16 a
25
80 a
S3
Bx.finetoflnest
Choicest
do
PB0VIS10H8—
Pork, mess, spot
Pork extra prime
Pork, prime mess, West
7X
Nominal.
TOBACCO—
* "gal
Grude, In bulk
p
7K
a
16
25
35
Super. to flue
Ex. fineto finest
Choicest
do
30 50
SO CO
PBTROLEOM-
1i
7
.* «.
English, refined
I
u
10
....0
.
CaKK-
Clty, thin oblong, bags, gold. * ton
Western, tbln oblong (Dom.)cur "
16
,1*
iHa
do
Kx. fine Co finest ...
do
Uncolored Japan Com to t air. .,,.
Sup'rtofine
do
Bx.flnetofinest
do
Oolong, Common to lair,»««. ........
do Superior tofine
do Ex fineto finest
do Choicest
Bone * Cong., Com. to fair
Sup'rtofine
do
40
20
62
SO
90
54
45
90
87
I 11
3 53
'<%%
"
,
1
®
7«a
4xa
6VB
7!ica
6va
9^«
9Ha
9»a
9xa
8^a
8xa
8 a
7xa
7xa
Imperial. Com. to fair
Sap. to fine
no
Extraflnetofinest
do
Hyson Skin. & Twan..com. to fair.
do
Sup. to fine
do
6X
I
115
*
Menhaden, crude Sound
Neatsloot, No.
31
gal.
Ul
4
32!
400
390
7 7-16 »
7 U-'.6»
"
do
a
•^
.
17 00
00
....a
....a
...a
....a
'
Sup. to fine
do
do Bx. fine to finest
do Choicest
OILS—
V
88
14
loxa
"
Qunpowder.com
4),®
Cotton seed, crude
Hit
6Xa
9xa
••
do
do
ISKS
,
Bi
14X«
cnr.*^
Myson, Common to fair
do Superior to fine
do Extra flue to finest
do Choicest
Young Hyson, Com. to fair
3 75'
4 25
OAKOM—Navy ,ir.S. Navy & best* >
SW
BW
1(1
Store PricM.
'*
Prime city.
2 is"
®
5^^®
10 ®
20
TALLOW-
47
lb,
....
••
"C"
250
2no
23X
Pitch, city.'
Spirits turpentine
J^ ((**•
i'-.:*iRosin, strained togoodstrd.* bbl, 1
•*
1
low No. 1 to good No. 1 "
" low No. 2 to good I'o 2 "
1
*•
2
low pale toextra p lie,. "
2 12
1 t9X»
"
Yellow
NAVAL STORESTar, Washington
Tar, Wilmington
^
a
"
"
Molasses sugars
_
Q
"
**
offA
WhIteextraC
ExtraC
4.5
a
®
@
"
"
"
do
31
®
32
30
: 60
8 60
•*
22H
Nominal.
Nominal.
"
"
"
"
common refining... .* "B.
do granulated
do cutloaf
....
S
"
"
t
gall.
..
refining
JJjJned— Hard, crushed
Hard, powdered
22
23
27
23
26
a
*
. .
Brazil, Nos. 9®11
21
a
a
25
ti
25
a
"
••
N. V
5
e
a
LEATHER"
44 00
gold « SJX*
jCur. 3 80 '
.DIb.
.a
100 lbs,
ihw
so"
gold
3 75
00
3 50
3 00
gall.
Porto Klco, refln., fair to prime "
"
Boxes, clayed, N OS. 10@12
"
Centrifugal, Nos. 7@13...
"
Melado
"
Manila, sup. and ex. sup
"
Batavia. Nos l.i®12
4
Sheet. single. double* treble, com.
3)<a
35 fO
Ralls, Ainerlcan
? ton, car. 34 00
a
a
(Cal.) deliv. In
80GAR-
50
5 2;
ffl
.
*
American cast. Tool
American cast spring
American machinery
American Germac spring
50
6 00
a
English, cast,2d&lBtqnallty *Bgold
English, sprlng,2d & 1st quality.. "
Engl l8hbli8ter,2d&ist quality.. '
"
English machinery
English German, 2d & 1st quality "
American blister
cur.
5
IdK®
....
a
3
@
a
a
a
a
a
a
80
STEEL-
00
5-lOa
2
...
....a
86
Whlskev
41
....
....
18
16
15
21
..,.
a
a
15
Brandy, foreign brands
Rum — Jam. ,4th proof
St. Croix, 3d proof
Gin
Whiskey, Scotch
Irish
do
Domestic liQuorS"
Alcohol
Siore Brtces.
'*
* B.gold
Cloves
do Items
—
a
a
a
16 SO
15 50
14 50
22 75
9
6 2;
a
B. gold. !57Xa
cur. 4 87X3
100
common
Mace
Nutmegs, Batavlaand Penang
Pimento, Jamaica
37
43
Bar, Swedes.ordinary sites..* ton. 130 00 ai32
••
1
Pepper, Batairia
Singapore
do
white
do
Cassia, China LIgnea
Batavia
do
Ginger, African
do Ualcutta
8
11
i
8
®
®
5
1
a
None
8PICES-
8)4
a
9
a
4 75
5 25
4 73
SPIRITS—
HOPS—
New Yorks, com.
a
6
6 00
3 JS
8PELTER-
10
12
10
a
9xa
"
1
Re-reeled Tsatlees, best
Be-reeled Congoun, No.
fS4
Sxa
1'.
lb. gold
Tsatlees, No. 2
2D
a
20
"
do ..
Ay, selected "
"
do....
"
Tavsaams. No.
21X
21S
2CM
9
per 100
SILE-
6X
a
19K»
19S«
-.
12)i®
....a
taerries, dry mixed (crop 1878)
.
6 50
a
a
a
7M
20
'•
"
"
Lard. City steam
13V«
7X3
Figs, layer
Rio Grande,
Orinoco,
Hams, smoked
8Ha
.,
1871)
French
Wliortleberriei
4 EC
tl 00
6Wa
Sates
Pinms.State
3 75
1 so
1 85
new
43
S SO
1 50
1 20
23
i 70
20
7
14 00
per SOlb.lrail
Currants
Citron
rrnnes, Turkish (crop (t
do
a
28
i8Ka
"
Vitriol, bine. common
do....
do....
do....
do....
Corrientes,
Olive, in casks* gall
Linseed, casks and bbls
a
a
car.
&
25
e
5H«
21 a
Dri/— Buenos Ayre8,8elected.*1bgold
"
do....
Montevideo,
2iJO
"
Brazil
ixa
gold.
Bhubarb, China, good to pr.... *'
Balsoda, Newcastle..* luu lb, gold
Shell Lac, 2d
6
4 25
1 15
••
car.
Natgalls.blue A.leppo, ,,,
••
Oil vitrioU66 Brimstone;.,
Opium, Turkey
On boB4),gold.
Frusslate potash, yellow, Ain.. cur.
og
60
18
'*
Madder, French. E.X.F.F
i>^
12X9
ma
••
Jalap
Licorice paste, Calabria
Licorice paste, Sicily
....
4 CO
Si
IS
4
...cor.
Glycerine, American pare
a
a
a
a
a
1 45
26 Ul
a
a
gold.
per
Ginseng
1
51
55
••
powdered
Gambler
26
90
3 65
17 75
"
silver...
Jochlneal. Mexican
Cream
.
••
lb
U
18X8
1
Brimstone, 2ais & 3rds,per ton.gold.2l CO &
iBrlmstone, Am. roll
V>..cur.
iXi
"
iCamphor refined
Icastoroil.E.I.inbond. Veal. .gold.
2H
3
I'l
I
22
a
&
BIDEB-
Texas. crop
COTTON— See special report.
RUGS ft OYKS—
Aloes, Cape
^.Aioes, barbadoes
Jute
16)4
a
ti
SheathiHK.new (overlS oz;
IAIum, lump. Am
Sisal
It
14)i>
12
....
Crude
Nitratesoda
45
7
Steel rails. American
Klo, ord;car.60and9Cdays.gld.»»
gold. •'
do
do fair,
eold. "
do
do good,
......gold. "
do prime, do
gold. "
Java, mats
gold. •'
NatlveUeylon
"
gold.
Mexican
"
gold,
Jamaica
gold. "
Maracalbo
ei95 00
Yearlings...
22
a
9
i
CBESSK—
9
1 10
W
...
,..*» "
"
"
do
a
9
a
a
a
5
Parlswhite. E:;fc.,BOld....» 100».
B OTTER— (Wholesale Prices)—
..VIb.
Tubs, good to choice State
'*
West'n creamery R*d to cl
"
Welsh, State, g'd to choice
"
pr
Western dairy, fair to
.
2 20
5 25
4 45
2 45
&
fjJnts— Ld.,wh.Am.pnre. Inoll*
liead.wh., Amer., pure dry
Zinc, wh.,Amer. dry, No. 1
Zlncwh.. Amer.,No.l,lnoll
Western factory, e'd to choice.
a
a
...
4 25
am.&longer
a
gold. 20090 a ....
"
....
6275 00
Russia, clean
Italian
Croton
*ton. VK
American dressed
American undressed
BBBADSTDFFS—Seespeclal report.
*B
Refined,pure
40
XXV 11.
Vol.
8ALTPETRE-
VlOtt*
North River BhlDP'nc
HEMP AND JU IE-
4»a
* »
Pot, first sort
I"
report under Cotton
HAY—
^
,
THE CHRONICLE.
366
-
:
«. d.
3
40
>.
a.
5-163 U-32
- 1 '„x
650
6
6
e....
e....
60 a 6 6
3 6 a....
.
rf-
ka
no
....a
....a
....a
,...«
s.
i
9-16
'tlh
....
..-
;
:
OCTODBB
THE CHRONICLE.
5, 1B78.J
Iniurance.
Cotton.
W.
OmCS
:
*
Providence
OMBAT
Co.,
Brown's Balldlnc*,
ai
OF THS
&
C. Watts
COTTUN
(oUclteonslgnmanU of
ATLANTIC
purobue or
sale of tutors
tai orders
shipmenu or
Advances made on conilgDments, and
afforded by our frienUs, Messrs. D.
Insurance
iitiial
Co.
Stone street.
M
8<>N,
Ni-w ToRK, Jannary
9S, 1878.
H.
Tba Trnstcee, in conformity to tbe Charter of tlie
Company, enbmlt the following StatemenI of its
affairs on the Slat December, 1877
Premiums received on Marine RIeka
from
1st
cember, 1877
marked
Street,
8,040,368 91
WATTS *
RAT ALLEN.
Capt.
Co., 61
eiYUI «
amoant of Marine Preminms.
$6,761,088 44
O Box
THE
ACENTS,
New
8,909.
¥ork.
XS!^'""""' and tickets FOR RITHKR L i NK seesred
at 868 Broadway and at all offlcea or Wotcott'i ITiiiiiis*
Company. Also tlckeu sold at sll hou-1 tlcket^Oew.
rrelgbt, via either line, uiien atredaccd rate*.
D. 8. BABCOCK, President.
-, ,
,
L. W. FILKINS, General Passenger Asent.
Special perBonal attention to the purchase and sale
01
UONTltACTS FOB KCTDKK DELIVERY " OF
COTTON.
Berinet
Risks, Bor upon Fire disconnected
with Marine Risks.
.
Losses paid daring the
same period
$2,565,890 87
Returns of Preminms and
Foulke,
ONLY
'rise
1,163,80000
Seal Estate and claims dne the
pany, estimated at
The General Trang>AtIantic Company's
GENERAL
New York.
tor the DUrebase or sale of Contracts tor Fntura
617,436
Wm.
Six per cent. Interest on the outstanding
certlflcates of profits
will
be paid to th« holders
thereof, or their legal representatives,
on and
after
Tuesday, the 5th of February next.
The ontatanding certificates of the ieene of 1874
be redeemed and paid to the holden thereof,
er their legal representatives, on and after
Tuesday, the 6th of February next, from which date
all
interest thereon will cease. The certificatea
to be
produced at the time of payment and canceled.
Upon certificates which were issned for gold premiums, the payment of interest and redemption
COTTON BROKER,
ORDER
tor
A DlTldend of Forty per
May
Cent,
is
;
COTTON on
SPINNERS and EXPORTERS.
modatlon ; second cabin, $^ ; third cabin, $^ , steerage. $27, Including everything aa above.
Return tickets at very reduced rates, available
tlirougli England and France. Steamera
(•) do not carry steerage passengers.
For passage and freight apply
COTTON
marked thus
to
LOUIS DEBERIAN,
Asent, SB Broad'way.
Atlas Mail Line.
&
R. M. Waters
flOO; secottd csblti, t^^; third
steerage, $26— Including wine, bedding and
To Plvmonth, London or any railway station In
England— First cabin, $90 to $100. according to accom.
Henry Hentz & Co., Commission Merchants, New
York; William B. Dana& Co., Proprietors Cokjub
ciAi. AND Financial CHsoinci.z, and other New
York Houses.
Co.,
BI-MONTHLY SERVICE TO JAMAICA, HATTI
(JOLOM BIA and ASPIN WALL, and to PANAMA and
COMMISSION MERCHANTS SOUTH
PACIFIC PORTS (Via Asplnwall.)
AND
64 BROAD STREET,
rmi-powered. Iron screw steamers, from
North River.
Flist-clasa,
BANKER:
Pier No.
NEW
YORK.
'51,
For Uaytl, Colombia, Greytown (Ntc), Isthmus of
ALPS
Panama and Soatb Pacific Ports
October IS AILSA
Octoher»
I
be Issned on and after Tneaday, the
COTTON BROKER,
PEARL STREET. NEUr TORK
136
next.
J.
H. CHAPiaAN, Secr«t«rr.
CLARCBEL. ..October 101 ATIaAB
Geo. Copeland,
de.
By order of the Board,
J.
To Havre— First cabin.
For Kingston (Jam.) and Haytl,
dared on the net eanied premiums of the Company
for the year ending 81st December,
1877, foi which
7th of
8antelll...Wed., Oct *, (:aoP.M
Wed., Oct. l(,8dDA.M.
LAURENT. Lachesnez
Wed ..Oct. 33,8 P.M.
PRICE OF PASSAGE IN GOLD (Including wine):
CORRBSPONDXNOS SOLICITXD.
References :— National Bank of Augusta, Georgia
be in gold.
certificates will
asfoUows:
utensils.
AVeVSTA, GEORGIA.
will
will
street
cabin, $35
M
$14,366,361 66
Morton
Felix Alexander,
855,364 08
amoant of Asset!
Calling at Plvmonth for the landlnc ot Paaaencers.
The splendid vessels on this tavonte route, tor the
Continent—cabins provided with electric bells— will
sail from Pier (new) No. 42 North Klver, toot ot
•bT.
Entire attention given to purchase of
Total
BXTWXIH
YORK AND HAVRE.
NEV7
LABIS iDOK.Sanglier....
1,761,893 63
CashlnBank
Mall Steamships,
•VILLE DE PARIS,
Delivery.
Com-
Billa Receivable.
Direct Line to France.
oonmissioN merchants,
Special attention gtven to the execution of ordara
The Company has the following Asseta, yiz,t
United States and State of New York
Stock, City, Bank and other stocks. $10,568,938 00
Loans, secored by Stocks and otber-
Premium Notes and
&
131 Pearl Street,
Expenses... $947,983 86
OI.ir~iiBLIABI.B
Advances made on ConslgHments.
Ro Policies hare been issned npon Llfo
Premioms marked off from 1st Janaary, 1877, to Sist December, 1877. ..
$4,968,881 08
JKMC MOTT.
SI. pallr (except Sundays), from Pier ITo.lt
North Wver (foot of Wsrren straet.)
1....
Paiscpgers
arrive in Boston at 7 A.M. No loMrB»
mate landings between New fork and Provldeace.
'•
Total
OapC.
6 P.
STONINOTON
H.
Pearl Street,
lit 2
P.
The Farorita Palace BtMOMra;
MASSACHUSETTS, KHODB ISLAND,
Farley,
L.1NE,
J.
FOR ALL POINTS EAST.
COTTON FACTORS,
?""" ^" No. M Nonli »ver (foet 'of
5 P. M. Jay
COMMISSION MEKCHANTS,
street.)
AND
ofT
ArULLNIUUT-SRUT. ONLT 41 MILES OF BAIL.
dellverlts.
New Orleans.
W. &
$4,710,668 83
Policies not
January, 1377
Ist
Baronne
VIA PROVIDENCE DIRECT.
torn*
Informattoi
all
Tork, and Measn. O. A.
FIIVAIVCIAL
January, 18T7, to 31et De-
Premiums on
New
Line
TO BOSTON,
LITBRP90L,
C. Johnson
OetobcrM
ttnpenor nrst-ciMi. passenger accommodation.
PIM, FORWOOD A CO.. Agents,
No.
Wall treet.
M
Steel Pens.
&
Co.,
CUiTTON BUYERS FOB MANUFACTURERS
IHBinPHIS, TEVN.
John
TB17STEE8:
Oharlea DennlB,
W. H. H. Moore,
<*arle« H. RosseH,
David Lane,
Lewis Cartls,
James Low,
Gordon W. Bomhui,!
Daniel S. Miller,
WiUlam
Josiah O.
William S. Dodge,
Thomas F. Tocngs,
John D. Hewlett,
Low,
Boyal Phelps,
A. Hand,
C
H. Webb,
Skiddy,
Charka
Stnrgis,
P. Burdett,
Adolph Lemoyne,
Cliarles H. Marshall,
Alexander V. Blake,
Robert B. Miatam,
George W. Lane,
Robert L. Stnart,
James G. DeForest,
Pwderlck Chaancey,
Charles D. Leverlch,
Horace Gray,
Edmnnd W.
John KlUott,
Williun H. Fogg,
*•"»» B. Coddington,
Co.,
RAVEN,
StUfyaadnOtrs
Special attention given to Splnnera' orders.
spondence
UtrtttfAeai lit
WorU.
Corre-
solicited.
Rinawois.-Thlrd and Fourth National Banks
and Proprietors ot Tbk CHBOMXoije.
SPE NCER a n;
I
Wire Rope.
STEEL AND CHARCOAL
IRON Of superior qnallcj
SBlUhle for MINING AKO
HOISTING PURPOSES. .B.
cltned Planes, Tranamlaaion
Alio umi
of Pewer, Ac.
'an*.Md CtaJircoal
-Chips' KlBTiriOK,
and BBior
SaspeniloD
Bfldget, PetTtck Ooya.Ferrjr
Hopes, Ac. A larie stock
conatAnCly on hana rrom
which auT desired leosth
are cut. fXAT STEEL
IROK KOPBS for Mining
'
Horace E. Thuber.
8d Vice-Prtaident.
STEEL PENS.
NASHVILLE, TENNESSEE.
AND
D.
A. A.
JOSEPH GILLOTT'S
COniKISSION nERCHANTS,
CorUtt,
William Bryce,
Peter Y.King,
JOKES, President.
CHARLES DENNIS, Vice-President,
W. H. H. MOORE, 2d Vic«-I^eslde«t,
J.
&
COTTON
' D. Jones,
WUHam
fnaOs
F. Wheless
purposes manufactured to
JOHN
order.
niA^ON
48 Broa4wa]r«
4k
CO.,
New York.
STEEL PENS
of th« Very Best European Make, and unrivaled tor
FleilblUty. DurabtUty, and KvdDncaa of Potal.
I
RKALi
fa
SWA^
Xwrncy Numbrra
Qt'lLt.
ACTIoSTf
Samp^M,tncladtaf thsposo-
-2-5-8- 5 "^S^ 3-1 6- 18
1
'?;,:??,!';.S- 1
will he sent by mall, for trial,
on receipt of
!M Caata.
k
IvisoN, Blakeman, Taylor
CaJ
138 aad VM eraa« BtrMt. Haw Tarlu/J
,
,
THE CHRONICLE
VI
^
Stillman, B. F.
&
76 "Wall Street,
NEW
YORK.
MADE ON ACCEPTABI.B
SECURITY.
Liberal advances
made on Consignments.
Special attention paid to the execution ol orders for
the purchase or sale of contracts for future delivery
BABCOCK BKOTHERS & CO
EO Wall Street.
of cotton,
&
Henry Hentz
Co.,
BOX 4964,
New^ York.
Contracts In New Yorft
P. O.
Execute orders for Future
and Liverpool, and make advances on Cotton and
other produce consigned to
LEECH, HARRISON & FORAVOOB,
GENERAL
LIVERPOOL.
conraissioN iuerciiants,
England, China, India and Singapore.
UNDERWRITERS IN NEW ORLEANS
&
174
176 Pearl
St.,
New
¥ork.
Rfessrs.
British
Lehman, Abraham &
Also execute orders for Merchandise through
Messrs. FINIiAY,
MCIR &
CO.,
CALCUTTA AND BOMBAY,
FUTURE CONTRACTS FOR COTTON bought
sold on commission In
New York and
and
Liverpool.
Knoop, Hanemann & Co
New
NEW
YORK,
KOT7BB8 nr
Man Chester and
Liverpool,
&
New
Street,
Sawyer, Wallace
47 Broad
Street.
Orders executed at the Cotton Exchanges In New
York and Liverpool, and advances made on Cotton
and other produce consigned to u^, or to our correspondents In Liverpool, Me srs. B. Newgass & Co.
and Messrs L. Rosenheim & Sons,
RICHARDS)
Rblpplng and Commission Merchant
No. 89 BROAD STREET, NEW YORK.
James F.Wenman & Co.
COTTON BROKERS,
No. 146 Pearl Street, near IVall, N. Y.
Established (In
Tontme Building)
22
H. Tileston
&
Co.,
COTTON BUYERS & COMMISSION MERCHANTS
60 Stone Street, New York.
OT{*flrB In
Futures executed at N. Y. Cotton fixehange
WALTER & KROHN,
NEW YORK.
CQXTON BUYER AND COMMISSION MERCHANT
<-
NETY ORI.EANS,
Waldron
(Successors to
&
l-A.
Tainter,
Policies
7,950 01
$6,180,873 16
CHAS. J. MARTIN, President.
J. H. WASHBURN, Secretary.
North
British
Company
OF
AND
L,OIVDOX
delivery of cotton.
Liberal advances
United States Board of Maiiagcmeiit,
NKW
YORK:
Chairman,
(B. D.
DAVID DOWS,
E-q..
FABBKI, K-q.
Morgan
&
Co.)
Dows & Co.)
(iJrexel, Morgan &Co.)
(David
CHITTENDEN.
&Z'\ WHITE. E-q.
JOHN J. AS TOR, Esq.
S. B.
CHAS. E. WHITE, SAM.
BLAGDEN,
P.
Office 54 AVIIliam St.,
made on con
&
R. Smith
B.
EDIIVBL'RGII.
New York.
contracts for futur,
Liverpool
&
London &" Globe
Co.,
COTTON
MERCHANTS,
COIIK^ISSION
125 PEARL STREET,
NEW
Ltsurance Company^
YORK,
AND
44 Broad
Street,
E.
&
Jemison
S.
(Successors to
KOOKY &
St
45 William
Boston.
Liberal advances made on consignments. Prompt
personal attention paid to the execurion of orders for
Uie purchase or sale of contracts for future delivery,
J.
E.
PLXSFOBD,
TJKSI DRWT
Co.,
MaNAOKR.
L^onifnerctal
AND
GENERAL COMMISSION MERCHANTS,
No. 123 Pearl Street, New YorW.
Future ConAdvances made on Coni^Ignments
Cotton bought uud sold on Commission, In
tracts for
New YorK and
Liverpool.
Ca
LJnion Ins.
iOF LONDON),
Insurance.
ALFRED
iETNA
Insurance
Company
Total Assets, January 1, 1877
Capital...
t;J,(100.000 00
Eo-iiiRnrancefund. ... 1,'J41.273 42
4a!),U4
losses, etc
1,
JAS. A.
1817,,
§t.,
M—
$T,115,68J 42
Manage
&
39 Wall Street
D. W. Lamkin & Co.,
5.r
Cotton Factors,
6,170,388 24
$1,945, 236 18
New
ALEXANDER,
PELL,
Keud^nt
OF HARTFOUD.
Unpaid
I
JEMISON),
BANKERS, COTTON FACTORS
NOURSK & BROOKS),
executed.
213.S65 47
62,203 61
:44,(I23 14
12,238 53
A Dividend of FIVE Per Cent lias
been declared, payable on demand.
slgnments.
GENERAI. COTTON MERCHANTS, KET &UR°LUS, Jan.
No. 2 Cortlandt
97 PEARL STREET, NEW YORK.
projwuuy
Future orders
00
190,242 50
ie9,2U6 00
JIAN.^GERS,
he execution of orders
for the purchase or sale of
BEAVER STREET, NE\Y YORK.
L. F. Berje,
1246,115 35
2,024,553 00
3,150.1*25
issued at this office
E. P.
COTTON EXCHANGE BUILDING!,
COTTON BROKERS,
63
ASSETS.
Keal estate
WILLIAM STREET, NEW YOEK.
Future Contracts for Cotton bought and soldOD
Commlsslou in New York and Liverpool.
$0,180,873 16
SDMMAEY OF
Hon.
GENERAL COMMISSION MERCHANTS
1841.
Macaulay & Co.,
COMMISSION MERCHANTS.
TOTAL ASSETS
Co.,
AND
Special attention paid to
(Successor to A. L.
$3,000,000 00
l,79S,*i99 SO
206,131 28
1,179 042 3S
..
Cash In Banka
bonds and Mortgages, helng flrst lien on
real estate (worth |;4,315,IXX))
U nlted States stocks (market value)
Hank Stocks (n)arkcl value)
State and Municipal llonds (markei value)
Loans on Stocks payable on demand
(market value of ^ecurltle.^, *324,5Si oO)
Interest due on ist of July, 1S18
Balance in hands of Agents
SOLON HUMPHREyS,
New York.
E. O. Richards,
Reserve for Re-Insurance
Keperve lor Unpaid LoeseB..
NetSurplus
New^ York.
York.
COTTON FACTORS & COMMISSION MERCHANTS
CASH CAPITAL,
first
and Mercantile Insurance
EXCHANGE PLACE,
40
Cotton Factors
Co.,
Company on the
day of July, 1878.
COMMISSION MERCHANTS,
Co.,
&
BROADWAY.
135
Condition of tlie
LEHMAN BRO'S,
Cotton AND Factors
COTTON BROKERS,
117 Pearl
Co.,
Montgofnery, Ala.
OK tElftSEY & CO. Ware, Murphy &
Dennis Perkins
OFFICE, No.
Total
Lehman, Dttrr &
Co.,
NEW YORK,
Premiums due and uncollected on
of Iilverpool.
Orleans, La.
COMMISSION MERCHANTS,
62 BX^HANGB PLACE,
&
Foreign Marine Insurance
Company
CO.,
AND GLASGOW.
LIVKBPOOL, LONUON
Also, execute orders for Merchandise In
for the
Advances made on Consignments to
JAMES FINLAY &
OF
Fiftieth Semi-Aniinal Statement,
SHOWING THE
Pirn, Forwood& Co.,
GENERAL COMMISSION MERCHANTS,
P. 0. BOX 613,
Ne-w Orleans, I,a.
Company
Insurance
Receive consignments of Cotton and other Produce,
and execute orders at the Exchanges In Liverpool.
Represented In liew York at the office of
ttENERAL COMMISSION MERCHANTS
LOANS
HOME
BABCOCK&CO.
COMMISSION MERCHANTS,
17 Water Street, lilVEBPOOl.,
SEAMEN'S BA2fK BOTLDING,
No«. 74
Insurance.
Cotton.
Cotton.
Woodward &
[Vol, XXVII.
York.
Agent.
YICKSBURG,
IfllSS.
Orders to Purchase Cotton In our market sollcltetf.
Kefer to Messrs. TUOMaS J. SLAUCUIEK, New
Tors'
!
i
@FedFRASER