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:
xmm
HUNT'S MERCHANTS^ MAGAZINE.
REPRESENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OF THE UNITED STATES
\0L.
NEW
31.
YORK, OCTOBER
John
&
Phelps, Stokes
Co.,
N.
45
&
47
BANKERS,
^xra.n street,
New
York.
COMIHERCIAL CREDITS,
la Dollars for use In United States, Cuba, &c.,
n Pounds Sterling, available In any part of the worldAlso,
TRAVELERS' CREDITS and
Kennedy.
S.
&
Kennedy
S.
J.
Co.,
Bankers and Merchants,
WILLIAM STREET,
No. 63
New York.
BUT AND BELL
RAILROAD INVESTMENT SECURITIES;
Cor.
correspondents :
BARING BROTHERS Sc CO., London.
PERIER FRERE.S <!: CO., Paris.
MENDELSSOHN &. CO., Berlin.
Wood &
NEW YORK.
AND
9,000,000 Francs.
- -
BOARB OF DIRECTORS
FxLlz GHI8AB, President.
Ai,rsKD Maqoinat (OralTft MaqnlnavX Vlce-Pret
Von ter Ukckr (B. Von der Uecke).
Otto Ounthbr lUorneiUe-Uayld).
J. B.
KmiLK DK G(.TT\L.
Al>.
Frank
(
?>ank. Model
*
Cle.)
Aug. Nottkb )UH (Noltebohm Freres).
Fb. Duanih (Mlclilels-Loos).
JOH. Dan. Fuiiruanh, Jh. (Job. Dan.Fnbrmann).
Louis Wkbkr (Ed. Weber & Cle.)
JvLsa liAUTKHBxaAOOu
(C.
Schmld
& Cle.)
CIRCULAR NOTES
Issued for the use of travelers In
all parts of the world.
Bills drawn on the Union Bank of London
Telegraphic transfers made to London and to
various places in the United States,
Deposits received subject to check at sight, and Interest allowed on balances.
Government and other bonds and investment securities bought and sold on commission.
TBANSACT8 A
OBNERAIi BANKINCi BUSINESS.
A8A
P.
Potter, Prest.
Eddy
J. J.
BOSTON,
and Bankers
business
Lkwis H. Taylok,
Business from Banks
paper dlBCOunted.
LINDLEY HAISES
&
H. Taylor
Co.,
SOUTH THIRD STREET,
PniLABELPUIA.
Deposits received Bubject to chock at slfcht, aad
Interest allowed on daily bahmces.
Btocks, Bonds, kc. bouKht and sold on commission
In Philadelphia and other cltien.
Particular attention elveu to information regard*
DR Investment
&
Lummis
Day,
DREXEL BUILDING,
and BROAD STREETS,
N09. 34 and SS
Cor.
WALL
BANKERS AND 8TOCK BROKERS.
William Lcmmis,
Hknuv Day,
Me mbers of New York Stock Exchange.
Hatch
BANKERS,
&
No. 13
Birr
Foote,
AND aBLL
OOVBaWMKNT BONDS.
All busi-
STOC^KS
&
n. P.
FOR SALE.
C. D.
Wood.
Sah'l D. Davis.
Scranton
ra
&
BROADWAY AND
Willard,
13
NEW STREET.
PBIVATE WIRES TO
Windsor
Cumberland,
Delmonico's,
Gllsey House,
Philadelphia.
H'^tel,
GRAIN AND PROVISION DEPARTMENT
CNDEU CHAHOE Or
QUINLIN
Chicago Correspondents,
JOHN
&
CO.
LESTER 4 CO.
T.
Gwynne & Day,
lEstablished 1851.]
No. 45 ITaU Street,
Transact a general banking and brokerage bosU
ness in Railway .Shares and Bonds and GoTOrament
17
NETT
LANEOUS SECURITIES,
ST.,
But, Sell and Cabkt on Margins
Geouoe Stabk.
No. 42
sell
Excbange
John
George Stark
Interest allowed on deposits.
Investments carefully attended
&
A. P. Turner & Co.,
BANKERS,
No. 207 Walnut Place, PHILADELPHIA.
Government, State, Municipal and Railway Bonds
and Stocks bought and sold at all the K ccbanges.
Investments prudently made in sound railway seCollection.'* promptly attended to.
Corre.spondents carelullv represinted at Anctlons
Bonds of wood but not wellf-ale;*.
known railroads always wanted for investments at
the best rates. Orders on margins not entertaineo.
curities.
F.
Stabk.
and Private
Co.,
BA!VKEBS,
BROADWAY, NEW YORK.
Tower, Giddings
commission. A specialty made of Western Farm
Mortgiiges bearing from 7 to 10 per cent Interest.
Will undertake tlic negotiation of loans upon
Western City property In large or small amounts.
&
No. 85
W llliam Street, New York.
ifc
Co.,
Dodge, Potter
Triivelers' Credits.
cb^nse.
l'
>ble Transfers.
Bills
of Ex-
&
New York
Co.,
BANKERS
AND
COTTON COMMISSION MERCHANTS,
34
llnnibiirir.
Commercial and
BOSTON.
Orders for Stocks executed In Boston,
and other markets.
COBUESl'ONDENTS OF THE
InternationRl Bank of London (Limited),
Loudon.
Co.,
DEVONSHIRE STREET,
Ruckgaber,
BANKERS,
&
BANKERS,
Investment Securities for cash or on
Schulz
to.
Henderson,
Messrs. Joltn Brrenbero:, Gossler
AND MISCEL-
Co.,
N. Y. Stock Exchange,
All Seenrltles dealt In at the
22
TTALL STREET,
Howell,
BROADWAY AND
Buy and
Securities.
J. P.
Members
Cor-
Bankers and Brokers,
140
U. Kimball,
68
Jb.
MERCHANT,
Kimball, Howell
solicitedA.
Satisfactory
COM.VIISSION
sells Invefitmer.t Securities.
York.
securities.
$400,000
400,000
respondence Invited.
L.
AND
Buys and
ness connected with railways undertaken.
CAPITAL,
SURPLUS,
COLLECTIONS
a speolaltj.
"
BANKER
Cashier.
Maverick National Bank,
S!REET, NEIY YORK,
30 PliVE
New
GOVERNMENT BONDS. MUNICIPAL AND
RAILR0AI> SECURITIES liwUGUT AND
SOLD ON COMMISSION.
CHOICE RAILROAD MORTGAGE BONDS
Messrs. L. G.
Samuel A. Strang,
Davis,
BANKERS AND BROKERS,
31 Fine Street,
LETTERS OF CREDIT
Sts.,
AND
Commercial and Tbatelebs' Cbeditb.
BANKERS,
Antwerp.
New York.
B.i:VKER8.
FOREIGN
Kountze Brothers,
Fald-Up Capital,
Wall and Nassau
CABLE TRANSFERS, BILLS OF EXCHANQB
the Construction and
Equipment of Railroads undertaken.
Anversoise,
Co.,
BOSTON, MASS.,
NBGOTIATK LOANS AND DRAW BILLS OF
EXCHANGE ON LONDON.
130 Broadway (Equitable Buliains),
&
Kidder, Peabody
Collect CoDPONS and Ditidends;
Banque
7^8.
Financial.
Kennedy Tod.
J.
All business relating to
CIROVIiAK NOTES;
Centrale
NO
1880.
Financial.
Financial.
PHELPS,
I.
JAMBS STOKES,
ANSON PHKI,PS STOKES,
F. P. OLCOTT.
9,
PINE STREET,
New York.
;
:
THE CHRONICLE.
£
Foreign Bankers.
Foreign Exchange.
Forei^ Excliange.
XXXL
[Vol.
Nederlandsche
Drexel, Morgan & Co., K.noblauch
WALL STREET,
& Lichtenstein, Handel-Maatschappij,
CORNSB OF BROAD, NKW TORK.
&
Crexel
Drexel, Harjes
Co.,_
Ms. 34 BOCTH TBimo
BANiE.ERS,
Co
Boalevard Banumaiin
81
St..
&
Draw
a
OoW,
Deposlu received Buhject to Dratt. Secuntlei.
Coniini.Blon. lnt«re«l »»o*eo
*J., Sought and sold on
Commercial Oredlu.
?n bepoiit.. Foreign KxchauRe.
Tr»Teler».
Circulsr Lettert Jor
Tramfere.
«T<Us»le In all parta of the world.
Swe
noROAN
«
OLD BROAD
Brown
LONDON.
ST.,
&
Brothers
No. 69
IVALL
Bills of
Co.,
;
Hilmers,McGowan & Co
«r SIEBUNO,
AVAILABLE IN ANY PART OF THE WORLD.
In Martinique and Guadaloupe.
Francs,
In
And
IRANSFERS
MAKE TELEGRAPHIC
OF MONKir
and other countries, through London
and Paris.
abroad on all
Hake Collections of Drafts drawn
points in the United States and Canada, and
of Drafts drawn in the United States
on Fore ign Countries.
.
Capital,
G. C. Ward,
AQKNTS rOS
BARING BROTHERS & COMPANY,
62 WALL STRKBT. NEW YORK.
38 STATK SrREKT, BOSTON.
J.&W. Seligman&Co.,
HEAD
Pmrahle in any par of Europe, Asia, AtrlAa. AaitrHlls
ftad America.
Draw Eii;« of Bic»iinge and make telegraphic tranc
fers of money on Europe and California.
Urmoin^B Noras
J.
&
aitd
PARIS.
C. F.
&
Manager.
14
i
)
i
Office,
CAPITAL (paid-up)
Co.,
A. M.
Sc
The Nevada Bank
OF SAN FRANCISCO.
New York Agency,
No. 9 Blreliln Lane.
Surplus,
SMITH'S, British North America,
No. 62 WALL STREET.
COUNTY BANK,
Buy and sell Sterling Exchange and Cable Transfers. Issue demand drafts on Scotland and Ireland,
on Canada, British Columbia, Portland, Oregon,
San Francisco and Chicago.
Bills collected and other banking business transD. A. McTAVISH, ) -^ggPts.
acted.
Airpnta
also
BELFAST, IRELAND
AHD OS THB
NATIONAL BANK OF SCOTLAND,
W. LAWSON,
EDINBURG, AND BRANCHES;
3ABLB TRANSFERS AND LETTERS OF CREDIT
H.
8.
i
;
D. K.
WILKIK,
Cashier
OFFICE, TORONTO.
Bbxnohes;
New
No. 25 Plue Street,
York.
Purchase and sell, on Commission, GOVERNMENT,
STATE, MUNICIPAL and RAIlKOAD BONDS
and STOCKS, and all classes of Securities dealt in
or
all
PORT COLBORNE, ST. THOMAS,
INGERSOLL, WBLLAND, DUNNVILLE, FERGUS.
reputable Securities bought and sold in the OPEN
MARKET. LOANS and COMMERCIAL PAPER
Begotlated. Interest paid on 'JEPOSITS subject to
obeck,
WILLIAM B. HATCH.
BOUDENS^
FRANK JENKINS
Dealers tn American Currency and Sterling Exchange-
Agents In London
BosANquxT, Salt & Co.,
93 Lombard street.
:
1
m New York
Bank op Montekal,
Agents
69 Wall street.
Promptest attention paid to collections payable In
any part of Canada.
Approved Canadian business paper, payable In gold
or currency, dlBt.ounted on reasonable terms, and
proceeds remitted to any part of the United States bj
gold or currency draft on New York.
I
Bank
(LIMITED).
ST. CATHARINES,
H.
Dividends on such securities at due dates.
Bankers, London, SMITH, PAYNE & SMITHS,
UNION BANK OF LONDON.
do
do
do NewYork,BANK OF NEW YORK, N. B. A.
do AMERICAN Exchange Nat. Bane
do
$1,000,000.
HOWLAND, President
HEAD
THOMAS
BRANDEE, Agent
Issues Commercial and Travelers' Credits available
in any part of the world. Draws Exchange, Forelg
and Inland, and makes Transfers of Money by Telegraph and Cable. Gives apscial attention to Gold
and Silver Bullion and Specie, and to California
Collections and Securities; and arranges to pay
Imperial Bank of Canada Anglo-Californian
Capital,
STOCK EXCHANGE,
L.
Bonds»
THE
AI.SO,
NEW YORK
I
02 Wall Street.
invested lu U. S.
$3,500,000 Gold.
GEORGE
&.
MANCHESTER, PAYABLE IN LONDON
Agent. 59 TV all St.
Calilomia Baniis.
or
VLSTEK BANKINtt COMPANY,
at the
TOWNSEND,
A^onts
-^K*""-
Bank
"LIMITED;"
1,600,00(K
BONO KONO.
OFFICE.
The Corporation grant Drafts and negotiate or
collect Bills payable at Bombay, Calcutta, Singapore,
Saigon. Manila, Hong Kong, Foochow, Amoy.
Ningpo, Shanghai, Hankow, Yokohama, Hlogo, San
Francisco and London.
BANKERS, LONDON;
MANCHESTER
tS.OOO.OOO
RESERVE FUND
AGENCY OF THE
J.
NASSAU STREET.
BILLS OF EXCHANGE ON
Shanghai
BANKING COKPORATION.
Buy and sell Sterling Exchange, Francs and Cable
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.
London
6c CO.,
Agents poh Nokth America,
WALL STREET, NEW YORK,
28 STATE STREET, BOSTON
BEAD
A. LANG,
Padang.
Hong Kong &
President.
Walter Watson,
In
BLAKE BROTHERS
Acpnta
Agents
BMITHERe, General Manager.
33
SMITH, PAYNE
Correspondents
Issue commercial credits, make advances on ship
ments of staple merchandise, and transact othes
business of a financial character in connection wltb
he trade with the Dutch East Indies.
;
LONDON.
1863.
1,000 Guilders.
($4,800,000 Gold.)
HE VD OFFICE IN AMSTERDAM.
Agencies ii, Batavia, Soerubaya and Samarang
SEW YORK OFFICE,
59 Sc 61 WALl. STREET.
Nos.
Ckkdits fob Tbatbijibs.
Stuart
-
BLAKB BKOB. * CO
Established in
;
«TSKLINO CUEQUB8 AND BILLS AT SIXTY
DAYS' SIOUT ON
CO.,
iTIERCHAN'^
Fald-Up Capital, 12.00
$12,000,000, Cold.
6,000,900, Gold.
-
GEORGE STEPHEN,
Co.,
No. 8 Wall Street, New York,
No. 4 Po«t Office Square, Boston.
CHEQUES AND CABLE TRANSFERS ON
&.
CAPITAL,
SURPLUS,
"lo.
AMSTERDAM, HOLLAND^
ESQ.
48 Excbauge-place.
JR.,
«'
Nederlandsch Indische
Handelsbank,
change, Cable Transfers, issues Credits
Canada
all parts of the world, makes collections in
of
and elsewhere, and issues Drafts payable at any
the ofBces of the bank in Canada. Demand Dralts
Issued payable in Scotland and Ireland, and every
description of foreign banking business undertaken.
1
New York*
142 Pearl Street
N. Y. Cor. e=p indents.— Messrs.
Banking Comp'y.
LONDON, BNG.— The Clydesdale York.
N. B. A.
NEW YORK—The Bank of New
sells Sterling Exand
Agency
buys
York
The New
available in
HENRY HAGUE,
JOHN B. HARRI S
for
America
1, 1&79.
AMSTERDA.M, HOLLAND
OFFICE, MONTREAL.
New York Agency,
HAWLEY',
Adolph Boissevain 6c
Bank of Montreal.
Issae Letters o' Credit for Trarelers,
CO.,
JOHN HAMILTON.
JOHN MCLENNAN,
aBORGK HAGUE. General Manager.
WM. J. INGRAM, Asst. General
BANKERS;
69
OUKNBR BROAD 8TRKKT. MKW lOKB.
ALEXANDERS
York. January
Office,
85^500,000 Paid Up.
-
Vice-President,
BANKERS,
EXCMANG« PLACE,
nVNROE k
-
President, the Hon.
this
&
J
('OI»Il»lIS5l<»!V
Issue Commercial and Travelers' Credits
John Munroe
f
E.
BANKERS
Merchants' Bank
OF
CANADA.
&
STANTON BLARE,
HENRY
ST., N. V.,
I
G.
NKW
New York
AND KELAND, FRANCE,
ON GREAT BRITAIN
UEKMANV. BEI-UIUM AND HOLLAND.
S.
)
Spccliil nttontlon paid to orders at the
Exch aiiKC '""' J**"^ York Mining Board.
Canadian Bank».
Between
Execute orders for the purchase or sale of Merchan*.
dlse. Bonds, stocks, and other securities, in the
United states, Europe and the Kast make Collections
buy and sell Foreign Exchange, and give advances
upon Merchandibe tor Export.
Agents
OLIVER S. CARTER,
Stoclt
OF FXCHAWGE
1824.
($14,400,000, Gold.)
Europe.
SPECIAL PARTHKK,
OETJTSCHE BANK, Berlin.
BCY AMD SILL
BIL,L.S
ESTABLI8ED
Pald-np Capital, 36,000,000 Florins.
BROKERS IN
Foreigtt Exchange, Stocks and Bonds,
63 'Wall Street, Ne-w York.
ATTOE««T8 AKD AG»HT8 OF
& CO.,
Hessrs. J. S.
No.
Money Transfers.
Exchange and lame Letters oi Credit
principal ciUes o
all
DOMBSTIC AND FOREIGN BANKERS.
'
OF HOLLAND,
St., cor.
VaKe Telegraphic
P»rl».
Pblladelpbla.
The Netherland Trading Society
Exchange Place.
NKW YORK.
39 WlUlam
IiONDON,
Head
Office, 3
SAN FRANCISCO
NEW KORK
Angel Court.
Office, 422 California St.
Agents, J.
& W.
Selieman
&
Co.
BOSTON Correspoud'ts, Massacliusetts N. B'k.
Authorized Capital, Paid up and Reserve,
-
-
$6,000,000.
1,700,000.
Transact a general banking business. Issue Cora,
credits and Bills of Exchange, available In
all parts of the world. Collections and orders for
Bonds, Stocks, etc., executed upon the most favor*
merdal
FRED'K F. LOW,
iManaireM.
IGNATZ STEINHABT, "*''»«®n''
LILIENTHAL, Cashier.
able terms.
S
P. N.
October
THE CHRONICLE.
9, 1880. J
iii
BostoH Bankers.
Financial.
Financial.
Geo.Wm.Ballou&Co
BONDS OF SVRETTSHIP
FIDELITY GCABANTEE BUNDS
For
and Emplojraca of Bank
and Hallways.
Oflleors
BANKERS,
14 Wall
78 DeTon»hlre
Street,
NEW YORK.
St.,
Oil CONTINL'C HIS
SUBETIEH, AS THE
Canada Guarantee Co.
Oco.
RAlIiROAB and mVNICIPAI.
SECURITIES For Sale.
Wk. Ballov.
Qio. H. Holt.
&
Brewster, Basset
Co.,
BANKERS
CONGRESS STREET,
No. 85
Boston,
iilaa*.
t>«»l«n in Atoclu, BonjB, Gold and
Oommercioi
Ordan executed on Commlsilon It Broken
Board
'Aoetloni, and i'lirate sale.
UlTestment Becnrltle* RonBtantlTon
hitnd,
&
Chas. A. Sweet
Co.,
of the principal U. S. Uullroiiil (,'i>nipiinloH iind aurno
of the Bunks. In Caniula lt« Bunds aro now Hlinost
nnlyersally required by the (iovernmonts. Banks,
Rftllwuys, and C<immerclal Institutions.
I'llK CANAIIA GlAItANTlC* COMPA.VY Is thO onlv
Company on the American Continent that has
successfully conducted this business.— a result of
which Is that It has been able to establish a JImiu
system for those who have been 8 or nioro years on
the books, whereby the subsequent premiums are
Hnmially rortuced.-Oif r,, (action thU year U from 19
to 35 per cent on th« uniuU rate.
The advantages of transacting business with this
Company are that It Is a well.e8tabll»hcd Institu-
tion, and has ample renerves, over and above Its
capital, to provide against exceptional reverses.
The most complete and reliable Information Is obtained asto the untfcetUntu of Employees, and tbls Is
realty of the first Importance to the Emplover. as
also the system of pcrloillcal supervision and revis-
ion of those on the Company's Books.
Over tlOO.ono have already been paid by this Company for losses by unfaithful employees, without o
tingle content at law.
The Available Assets of the Company Cat
Slst Dec, 1870) over and above uncalled
Capital, were
$110,046
HEAD OFFICE:
James Street, ninntroal.
EDWARD RAWLINGS, Manager.
260
GOVERNMENT SECURITIES
IN
»t.
State, Cttj, County and Railroad Bonds.
EXCHANGE PLACH,
62
BOSTON.
&
Parker
Stackpole,
BANKERS,
DEVONSHIRE STREET,
No. 68
&
Jesup, Paton
BANKER AND BRfrKER
No. 7
BANKERS,
William Street, New
Co;,
Accounts and Agency of Banks, Corporations,
8rms and individuals received upon favorable terms.
Dividends and Interest collected and remitted.
Act as agents for corporations in paying ooupons
and dividends'; also as transfer agents.
Bonds, stocks and securities bought and sold on
railroad and mnnloipal bonds negotiated.
Sterling exchange bought and sold. Drafts OB
Telegrrapli
AND THE
Cnsiliniriachic Mining:
i
"'"'"'
»^'"' ^^'^° *•
^
&
Co.,
Nsw
York.
R. T. Wilson
BANKERS AND COMMISSION UERCBANIB,
* Kxcliant-e «ourt,
WM.
21 NASSAt;
NOYES,
C.
NEW YORK,
STREET,
DEALER IX
OAS STOCKS A.\D BOVDS,
TELEGRAPH STOCKS,
TRUST COMPANYI4' STOCKS,
RAILROAD STOCKS AND BONDS,
AND
Albert E. Hachfield,
NASSAi; STREET,
Bonds
Company Mills,
No. 34
MACKINTOSH A
JV.
CO.,
(Members Boston stock Exchange),
Buy and
& Smith,
Robeson
Company,
BANKERS,
Wall Street, New
BANKERS AND BROKERS,
ti*treet,
BOSTON.
Southern Bankers.
i
Toledo Loganaport A Burlington Bonds.
union & Logansport Bonds.
Rome Watertown 4 Ogdensbnrg Bonds.
FOR SALE:
New York 4 Greenwood Lake
Bonds.
Manhattan Beach Stock.
lYANTED
city,
:
Oonnty and Township Bonds
OF THE STATES OF
MlSSOCJa, KANSAS and NEBRASKA,
York.
on Commission all Securities dealt
In at the Stock Exchanges of New York, Boston,
Philadelphia and San Francisco.
Also, future options in Grain and Provisions at
Produce Exchanges of New York and Chicago.
Allow interest upon deposits subject to check
No. 4a ConirreH
Generalljr.
Wr ANTES
Union Bank of London.
BV
J.
CO.
YOJiK,
BASEMENT,
Deals in Investment Securities and
York.
Sound
MADE OP STOCKS OF THE
American Rapid
Brtogi.'s.'B.U.Itlcnll'en"-
IT
commission.
BOSTO.V
BPECLiLTIES
KBW
"«
MISCELLANEOUS SECURITIES.
H. Peck,
F.
$470,408
80th, 1878,
(See Report to Government to December
just published.)
PROSPECTUS, FoBus, 4o., may be had on application to the
STATE STREET, BOSTON.
DEALKRS
Resources
CASUALTY
4c
OF
Guaranteeing the adelitr
elltr of persons holding poeltlons i)t
unlary tru... and resi.oii.lblllly. Ihus
secnriniigaCOKI'OUATBt
Pei-sonal
11 bond
whcre^.^t^,7,rr2'<fulf,yi'fe'?b.
iu p''o'.'iiir,r;rt?js'.'" ^"^ •^-tiu/sr.'iVioV.- .J
Pull Information oao he
obtained at the oSm, 187
Broadway.
Wm. m. (iiniABDg, President.
*
BONDS OK SBCURirr KOII AIX
ELIOIBLR MBN IN SUCH POSITIONS AT A
THIKI.I.NU CHAKGE PER ANNUM.
Thlscompuny'B Suri!ty«hlp Ix uMeptHd by many
*'5A,'!?,T?..
And the Gross
40
FIDELITY
FBIKNU8 TO BlCOMK
BOSTON.
DEP08ITB RKC«ITID and INTIBE8T ALLOWIO.
'Obolee
ARE I8SUBD BY TUK
No BAxx OK RAtLROA i> KM pix>rn Sma> auk ris
ALSO,
sell
All Classbs of Railroad Bonds.
TOBEY
KIRK,
dc
No. 4 Broad Street, Nevr York.
at sight.
&
Wilson, Colston
Co.,
Receive accounts of Banks,
others upon favorable terms.
HANK«K» \Nu 3KOKKB8,
P. F. Keleher
BAt.TI%OKE.
tNVKMTMBNT
and
ipaclallv.
Correifpondenc<$
VIUttlNIA BECUUITIKS
oUrlted
and
ItUied.
McKim
k. i
C B. BvBBDiie,
infonxaUon
a
for.
Brothers
ft
ro.
First National Bank,
WlLniNUTON, N. C.
CoHectloni made on
all
parte of the
Udtad States
BOS. p. UIIXZR, K. D. WILLLAM8, JNO. 7. MILLBB
CHAS. B. MILLKB.
Thos. P. Miller
&
Co.,
BANKERS,
MOBILE, ALABAIHA.
Special attention paid to collections, with prompt
remittivncea
amittivncea at current rates of exchaiure
exchange on day of
'
parment.
Oorrespondents.—Oerman-American Bank New
York Louisiana National Bank, New Orleans
Bank
of Liverpool, LlTerpool.
;
C. K. PnrxsL,
President.
5 .
,
i
STATE BANK,
Incorporated
)
lifSi.J
_
C. T, Wai,ksx
Cashier,
German Bank,
I.ITTI.E
CAPITAL (PAm-m)
»T6,000.
««,000.
buslnees Is onr line.
K. Y. OoKuspoNSBin's, Donnell. I^wson A Co.aad
the UetropoUta
all
auonal Bank.
&
Co.,
ST. LOITIS,
Mo.
Western Investment Securities for
Louis City and States of Missouri, Kansas
Texas, Arkansas and Colorado Bonds a specialty'
Full Information given In reference to same on aik
llcatlon. Coupons and dividends collected.
&
A. H. Brown
Co.,
bankers and BROKERS,
T WaU St., Cor. New, New York.
INVESTMENT SECURITIES.
Special attention to business of country hanks.
St.
&
H. R. Prather
Co.,
MAX
THEO. V. SAND.
K.
JOHN SICKELS.
SAND.
EDWARD A. Petit, Member N. Y. Stock Sxch.
Sand Brothers
&
Co.,
BANKERS AND BB0KBR8,
REAL ESTATE AND INSURANCE,
54 \rall Street, New York.
86 SIXTH AVE., WEST OP KAN. AVE..
TOPEKA, KANSAS.
STOCKS AND BONDS BOUGHT AND SOLO ON
Loans negotiated. Collections made. Tajws paid.
Municipal Securities bought and sold.
W^ ANTED
J
Nevr York,
Wisconsin Central Railroad Land Grant Bonda.
County, Oity and Town Bonds of Western States.
Olty of St. Joseph. Mo., 7 and 10 Per Oent ->«»—.
Bonds
Iowa (Antral Railroad Old Bonds.
FOB SALEt
^^
Atchison Colorado A Podfle RR. ist Mort. Bonds
"*""•
Scioto Valley Railroad Bonds and Stock
New Jeney Midland RuUrottd lit Mortgaae Bonds
wm.
R.
CTLKY,
Hickling
40
&
COMMISSION.
COMUHRaAL PAPBB NBOOTIATBD.
Detroit & Bay dly
Bonds,
y Railroad Bonds.
CHilcago & Grand Trunk
frunk Railroad Bo....„
Bonds.
Flint * Pero Marquette Railroad Seouritlea.
St. Joseph & Western ItailroadSecnrltlos
South Carolina Railroad Securities.
ROCK, ARK.
BnBPLUB
Prompt attention Klreo to
OLIVE STREET,
and
First-class
sale.
A. K. Walicbb, Cashier.
Pred't.
306
Merchants
31 Pine s!^;
&
42 Exchange Place,
n"
V.
Co.,
New
York,
Buy and sell all N. Y. Stocks, on 3 to 5 per cent margin. PrivilcKOS at favorable rates. $50, 100 shares.
If desired, we will use our Judgment in selecting
stocks.
Opportunities constantly occurring
large proats. CaU or write lor information,
for
mtt
New England
St
INVESTMENT
Nos. 31
No. 10
AND
S3
FINE
ST.,
Westers
CO.,
NHW YORK,
CONGRESS STRKBT. BOSTON*
UNION BUUiDING, CHICAGO.
CAPITAL STOCK, • • « $300,000
Offers to InTeetora carefully-selected securities
bearinff from 6 to 8 per cent interest. Investment
securities buuKht and sold on commission. Settlements made lor holders of defaulted securities
Will act us oAcnts in funding and reortfauizing debts
of municipalities, niilrnnd companies, and otiiar
corponitlons. Correspondence solicited.
JOHN C. 8H0UT. President,
vnw Vrt»V
George W. Dkbevi ise. v. Pres. < -^^^ lurs.
Lrcrus L. Uubuakb, Asst. Vlce-Pres., Boston
)
Wm. p.
WATSOiii
See.
and
Tretts.,CblcAco..
::
;
THE CHRONICLE
It
Financial.
Financial.
TO
i:kve:stors.
SIX PEIt CENT
offer
a limited amount of
their working «nplt«l for sale upon very favorable
terms. Capital fZ.OOO.OOO, divided into shares of
TWKNTY-KIVE DOLLARS BACH.
Subscriptions
can either be made at the office of the Company, or
principal
Bankers
or Brokers of
throuKh any of the
\V«I1 Street, who will communicate with the Bxecu.
tlve Committee of the Company,
E. W. ANDREWS, President.
Thus, L. James, Treasurer,
Cedar Rapids Iowa Falls
& Northwestern
RAILW^AY COMPANY.
Is
Capital Stock and
all its
Holders of Seven Per Cent Bonds Savannah &
Memphis Railroad Company (Alabama) who have
FOR SALE AT PAR AND INTEREST,
L'AST TENNESSEE VIRGINIA & GEORGIA RAILROAD COMPANY.-A Dividend of
TBREB PER CENT on the Capital Stock of this
Company
be paid October
will
1,
1880,
by K. T.
WILSON & CO
T'ENNESSEE COAL
PANY COUPONS,
due
ifc
of these bonds by special endorsement on each.
the right being reserved to advance the price without notice. Further particulars furnished on application.
WINSLOW, LANIER &
CO..
26 Nassau
FOR SALE
Street.
:
A Li:niTED AinOL'NT OF
WABASH ST, LOUIS & PACIFIC
RAILWAY COMPANY
RAILROAD COM- SIX PER CENT GENERAL MORTGAGE BUND«.
be
1st October, 1880, will
PRINCIPAL DUE JUNE 1, 1920.
Interest payable In New York June 1 and Dec.
paid on and after that date by
R, T.
WILSON &
CO.
& NAVIGATION
REGON RAILWAY
o C1>MPANY.
No.
NASSAU Stkekt. New
Board
have
York,
20
.
Sept. 13. 1880.— The
of Directors
de(2) PER CENT,
clared a quarterly dividend of
payable Nov. 1 at theofticeof the Farmers' Loan &
Trust CompHny, No. 26 Kxchan^e Place, New York
also a scrip dividend of TEN (10) PER CENT, pa>able at the same time and place, both payable to
stockholders of rec<,trd September 2S.
For the purpose of preparinK fora Special Meeting
of the stockholders, to be held at Purtland, Oregon,
October 20 (of which special notice will be given by
circular letter to stockholders), the transfer books
will be closed from Sept. 28 until Nov. 5.
WHITE, Treasurer.
TWO
1.
CO.,
52 William Street.
OF DENVER, COLORADO.
1
SAINT LOVIS ALTON
Sc
HAUTE
Oct.'.l,
TERRE
BR. CO., No. 50 WALL St., New YORK,
1880.-TO the Holders of SECOND MORTINCOME BONDS of the ST. LOUIS ALTON
GAGE
& TBRRE HAUTE RAILROAD COMPANY.
Coupons of the above-named bonds due May I,
be paid at the Company's oflBce, No. 50
Wall Street, on and after Saturday. 2d Inst., In ac-
These celebrated smelting works, situated near
the most Important mining districts of Colorado,
together with other local real estate, will be offered
FOR SALE BY AUCTION,
SATURDAY, OCTOBER
on the premises, on
BAYARD
W.
Court.
CUTTING, President,
Mr.
WILLIAM LAWSON, Wllllamstown,
MINING
October
5.
CO..
18
WALL
Street.
New
Brittenstene
SILVER
No. 00.
The Regjilar Monthly Dividend of Fifty Cents per
share has been declared for September, payable at
the office of the transfer agents. Wells, Fargo & Co.,
No, 65 Broadway, on the 15th Inst.
Transfer books close on the tfth Inst.
H. B. PARSONS, Assistant Secretary,
COMPAIVY.
milVI.VO
Organized under the laws of the State of
August
John
DIVIDEND
New
York,
19, 1880.
EE.S :
4« Cliff Street,
TRUST
New York,
Drummuird, Metals 40 t'liff St., N. Y.
Morrisson, Lawyer. S5 Nassau St., N. Y.
E. White, Metals,
Michael
Richard
J.
J.
Henry F.
Briitensteuo. Alpine, Chaffee
Co
,
Col.
.lohn B. Henslee. Mining Properties, Lcadvllle, Col.
Jeremiah O'Kourke. Architect, Newark, N, J.
Voorhls
&
counsel
:
Morrisson, 25 Nas.sau Street,
New
CO.VSIII.TING EXGI.VEER:
George Daly, Leadviile, Colorado.
REOISTRARS OF STOCK
Mining Trust Company, Boreel Building.
York.
:
-H/^tSTERN
' '
UNION TELEGRAPH
COMPANY, New York. September 8.
DIVIDEND No. 53.
1880.
The Board pf Directors have declared a quarterly
dividend of One and Three-Fourths Per Cent upon
the capital stock of this company, from the net earnings of the three months ending Sept. 30th Inst.,
payable at the office of the Treasurer, on and after
the 15th day of October next, to shareholders of
record on the 20th day of September Instant,
For the purpose of this dividend and of the
annual meeting of the stockholders to be held on
Wednesday, the 13tb day of October neit. the
transfer books will be closed at three o'clock on the
afternoon of the 20th of September Instant, and
re-opened on the momlng of the 16th of October
next.
R. H.
ROCHESTER,
Treasurer.
FOR CHOICE
The
SMITH
Sc
H.41V.\AMAM,
IndlanapolK, Ind.
New
York.
properties of this company are at Alpine,
Chaffee County, Color.ido, and consist of eight
mining claims. Mr. George Daly, the well-kn wn
mining authority of Leadviile, estimates 4*0,06)
ounces of silver in sight in three lodes alone. Millruns average 1285< ounces of sliver to the ton, and
specimen.ores have assayed as high as 23,'i00 ounces
of silver to the ton.
A LIMITED QUANTITY OF TREASURY STOCK
FOR SALE.
The properties of the company have permanent
value and will repay investigation.
For pamphlets and particulars, apply at the offices
of the Company, No. 25 Nassau Street, New York.
application.
New
York,
New England & Western
INVESTMEXT CaMPAXY,
AND 33 PINE STREET, NEW.YOEK,
FINANCIAL AGENT.
Chicago & Northwestern
RAILWAY
CO.IIPANY
Six Per Cent Fifty Year Sinliiiig
BONDS OF 1879.
Fund
Coupon^honds of Jl.OOOand Registered Certificates
tVANTEU
LEVY
ic
BORG,
14 WAL L
STREET.
MISSOURI and
FAULTED COUNTY BONDS.
price paid for them.
address,
Give
full
ILLINOIS DE-
Highest market
description, and
BANKER COaVARD,
AND BROKER,
L. A.
124 N. Third
COMI'A.NY, and are secured by
FIRST iMOKTGAGE BONDS
issued at not exceeding Sl,'i, 000 per mile of completed road built and acquired by that company,
WINSLOW, LANIEU &
Corner Nassau and Cedar
CIN,
Streets.
Dominion of Canada.
THE FINANCIAL ASSOCIATION OF ONTARIO
Is In
a position to furnish Investors with choice In-
vestment securities, carefully selected, yielding
SEVEN AND A-HALF, and occasionally EIGHT.
PER CENT per annum. Special attention given to
business from the United States. Correspondence
The Financial Assoclatlou of Ontario,
LONDON, CANADA.
EDWARD LE RUBY. Managing Director.
OOOD IXVESTMEAT,
Railroad Stock for Sale.
Pursuant to an order of, and subject to the approvul of, the United States District Court for the
Eastern Uiatric of Missouri, there will be sold
(either as a whole or in hjta to suit purchasers) at
public auction, to the hlahest bidder for cash. One
Hundred and Thirty (130) Shares, fully paid up, of
One Hundred and Twenty-flve ($125) Dollars each,
in the Bonneville ^t. houis & Southern KaUway
Connjany.ut thi; Merchant's iCxchanite, City of St.
Louis, on THUHSDAY. tho 14th day of OCTOBER,
It'HO, atia NOOiN. This stock yields about
per
cent per annum, payable seini-nnnually. the road
beinK leased to the Missouri Pacifle Kuilway Companv fur thirty years. For particulars apply to M.
H. "PHKLAN, Assignee, Central Saviii^is Bank,
Bankrupt, or to GIIEKN & 1,A MOTTK. both of St.
Louis, Mo.
l^OTICE.
PARTIES ARK CAUTIONED AGAIXST NBfor BONDS nurahered 1*80 to 999,
inclusive, for Five Hundred Dol.ars each, issued
by the Siate of (ieorcia. in aid of, or for stock
in, the " Albany & Uulf ," or "Atlantic & Gulf " Railroad of Georgia, or for any coupons of whatever
maturity, reiatiuK to said Ijonds. Said bonds and
our prop rty and payment has been
coupLins
are ready to negotiate f<ir such inforstopped.
mation as will enable us to recover said bonds and
WILLIAMS A CO..
coupons.
31 Times" Uuilduig. Chicago, 111..
Or through WILLIAMS, BLaCK & CO.,
No. 1 William Street, New Vork.
am
We
C.
WAXTED
All kinds of
FOR SALE AT 105 AND INTEREST.
DIRECT OBLIGATIO."* of
the CHICAGO & NORTHWESTERN RAILWAY
These bonds are the
GOTlATiiNG
Alabama, South Carolina Sc Louisiana
State Bonds;
flew Orleans JackKon & Gt. Northern,
MlsslNKippi Central, and illobile
ic Ohio Kailroad Bonds
;
City of New Orleans Bonds.
7 Per Cent Mortgages,
ADDRESS
pany, trustee, securing these bonds, covers the
entire land grant and other real estate of the
company; also, Its franchises, railroad, rights of
• ay,
rolling stock, docks, wharves, steamships,
steamboats, ferryboats, and all other property.
Subscripilons will be payable In instiilmonts, beginning between the 10th and the asth of November. The public subscription will close on November 10. Prospectus of tho Railroad Company, our
circular and subscription lists will be furnished on
solicited.
THE
Y'ork,
1880,
Mass.,
Or to Judge E. P. HARMAN, Denver, Colorado,
Mr, MILLER TIFFIN, Denver, Colorado,
Messrs. WARD, CAMPBELL & CO., N. Y. City,
Mr. JOHN ROEBUCK, 103 Water St„ N. Y, City.
8.
OFFICE OF THE ONTARIO SILVER
18,
For particulars app'y to the owner,
18S0.
1880. will
cordance with the orders of V.
acres of
of tB.OOO each.
28, 1880.
In compliance with a ruling of the Governing
Commrttoe of the New York Stock E.vchange, the
transfer books of the Orecon Railway & Navigation
Comminy will re-open October 2 St and close October 25th, for the purpose of subscription to new
stock by stockholders of record October 25th. By
order of the Board of Directors,
T. U. TYNDALE. Assistant Secretary.
The land grant contains over 000,000
most valuable SELECTED LANDS-forest, mineral
and agricultural—and Includes over forty miles of
ocean front, and many miles of deep water front
for docking on Yaqulna Bay and Alsea Bay,
The mortgage to the Farmers' Loan & Trust Com-
cation.
THE SWANSEA SMELTING WORKS,
RAILWAY & NAVIGATION
OREGON
CO.MPANY. 2H NASSAU STREET, New liOHK,
ADDITIONAL NOTICE.
They bear date O.tober 1, 1880. and
have 20 years to run, bearing sii per cent Interest,
payable semi-annually In New York or London.
Nos. 31
TRUSTEES:
Co., of New York, and James
Cheney, of Indiana.
Price, 96 Per Cent and Accrued Interest,
Subject to advance without notice.
Full particulars and circulars furnished on appli-
PATON &
RR. Co.
We
The Central Trust
JESITP,
Pacific
Invite «ab8orlptlons at par and accrued interest for the above-named bonds to the amount of
Principal and interest payable in U. S. Gold Coin.
Bonds can be registered at the office of the Company, 80 Broadway, New York.
HORACE
September
OP THE
»8.250,000.
Guarantees tbe Principal and luterext
'
SIX PER CENT L.iND GRANT SINKING FUND GOLD BONDS
Oregon
NOTICBTO BONDHOLDERS.
not proved their bonds under foreclosure proceedInis, win And It to their interest to correspond with
BENfKO BRO.'S,
the undersigned.
Bankers, Opelika, Ala.
Mortgage
leased by the
Burlington Cedar Rapids & Northern
RAILWAY COMPANY,
which owns nearly
First
GOLD BONDS
OP THK
This road
XXXI.
Financfal.
FORTV-VEAR FIRST MORTG.iGE
THE NEW TORK 4 NEW JERSEY RIPARIAN
LAND * DOCK IMPUOVEMBNT COMPANY, M
«ad en Broadway, now
[Vc-L.
street, St. I.ouls,
Mo.
Chew,
JWALL STREET, NEW YORK.
TEXAS KAII.WAYS,
BONDS, LANDS, &c.
No. 7
Desirable
TMas
stantly on hand.
Securities lor Investment con-
—
umlt
'^
HDNTS MERCHANTS' M^GAZtNB.
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATKS.
[Eutcred, according to act of Congress, In
YOL.
tlic
year 1880, by
Wm.
B.
Oaka & Co.,
In the office of the Librarian of
SATURDAY, OCTOBER
31.
CONTENTS,
News
375
|
I
I
381
381
388
Breailstiifts
1
—
—
I
THE COMMERCIAL
Cotton
e., it
i.
;
QuotationsofStocksandBonds 379
8. SecuriInvestments, and State, City
Railway Stocks, ForcigQ
and Corporation Financea... 380
Exchange, Now York City
376
Banks,etc
Commercial Epitome
the existing
must be one whose construction permits
and its total cost must not
exceed one-half the net surplus.
But no such law
existed in 1873, and bank trustees had a legal right to
expend depositors' funds in a building as trustees, they
were chargeable with only the duty of ordinary judgment and diligence, and the ground of action in this
case was
and could only have been that they failed
in this duty, and were guilty of such negligence and
incapacity as made them rightfully responsible in their
enues
renting of some portions
THE BANKERS' GAZETTE.
ties.
By
798.
law of 1875, a bank building must be suitable for rev-
The Debt Statement for ScpAre Trustees Bound to bo
tPiiilier. 1880
372
367
Always Wise «
United States Treasury StateCotton Consumption and Over373
ment
land Movement for Septem3fi8 Latest Monetary and Commerber
373
370
cial English News
Boston's New Trnnfe Line
370 Commercial and Miscellaueous
Tlic Situation in Ireland
Money Market, U.
NO.
1880.
9,
express statute on part of the trustees.
THE CHRONrCLE.
Railroad Earnings in September, and from Jan. 1 to Oct. 1 371
CongreM, Washington, D. CI
TIMES.
Dry Goods
389
Imports, Receipts and Exports 390
1
—
own persons for the result.
Whether this proposition was
well taken opens a wide
and for variance of opinion. It is
entirely clear now, and was so in 1875, and probably in
1874, that the matter of the building was an unfortu-
The
Commtebcial and Financial Chkoniclb is issued every Saturday morning, with the latest news up to midnight of Friday.
field
(Entered at the Post OiBce at New York, N. Y., as second-class
mail matter.]
TERMS OF SUBSCRIPTION-PAYABLE
IN
nate one
ADVANCE:
For One Year (including postage)
$10 20.
ForSixMonths
do
6 10.
Annual subscription in London (including postage)
£2 7s.
Six mos.
do
do
1 8s.
do
Subscriptions will be continued until ordered stopped by a written
order, or at the publication office. The Pulilishcrs cannot be responsible
for Remittances unless made t)y Drafts or Post-Oflioe Money Orders.
majority, foresaw the
trouble,
the vast
and acted accordingly; but which of ns conld not turn
back to some investment or expenditure, made before
the break, which proved unfortunate and would gladly
have been undone when too late ? Yet every such step
was made according to the best light and judgment of
each one of us who made it at the time, and certainly no
;
man can be
office.
care,
ARE TRUSTEES BOUND TO BE ALWAYS WISE?
in
city,
which
is
of
much
interest as bearing
Bank
In fact,
of this
fiduciary
upon the ques-
when
it
is
acting for himself.
the
highest standard of action
capacity, that a
others' interests as for his
tion of the personal responsibility of directors in finan-
The bank was organized
fairly held to a greater degree of diligence,
prudence, and good judgment, when acting as a
trustee, than
rendered a decision
the case of the Central Park Savings
stress
among
Offices.
eals has recently
not fair to permit a jury to pass upon
of events which followed if.
and consideration should be given to
such a plea, for it is so easy and common to be wise
after the event that few of us have not rather forgotten
A few men, seers
how we felt in
1872.
Pp" A neat file cover is furnished at 50 cents postage on tlie same is
Igcenta. Volumes bound for suliscribers at $1 20. A complete set of
the CoM.MEKciAU AND Fl.NANCtAL CHKONICLE—July, 186.1, to date— Or
HUNT'S Merchants' Magazlse, 1839 to 1871, can be obtained at the
Ap]
it is
Very great
TheolBooof the CiiuoNici.E in Loudon is at No. 74 Old Bro.id Street,
and in Liverpool, at No. 5 Brown's Buildiuus, where subscriptions and
advertisements will lie taken at the regular rates, and slugle copies of
the paper supplied at Is. each.
WILLIA.M B. DANA, )
WILLIAM B. DANA k 00., Publishers,
79 Ic 81 William Street, NEW TOBK.
JOUK C. FLOYU, JO. )
POST Okkick Box 4592.
of
but the defendants urge, with unquestionable
their action in the light
Advertisement*.
The Court
;
force, that
Transient mlvertisements are publislied at 25 cents per line for each
Insertion, but when definite orders are given for five, or more, insertions,
a liberal discount is made. Special Notices in Banking and Fluaucial
column 60 cents per line, each insertion.
London and Liverpool
for inquiry
trustees
of
man
own.
in
a
should care as well for
The law
wisely restricts
corporations and estates somewhat, on the
ground that some risks which a man might take with his
own property he may not take with that of others; but
in open action, where individual judgment is allowed
free play, it is obvious that any man will do for himself
the best he knows how. The bank receiver in this case
claims only that the trustees were bound to act as
a prudent business man would act if he should
was first tried in the Supreme Court at Special Term; find his business affaiis in a bad state, and that there
the verdict then obtained by the receiver was upheld by could be no valid excuse for their purchasing real estate
the General Term, and the Court of Appeals has now at a troubled period in the bank's career. Judge Ear),
re-affirmed it.
The grounds for the decision are an who delivered the Court of Appeals decision, considers
interesting subject to examine.
it fairly inferable that their object was to improve the
cial institutions.
in 1867, did
a rather small and
unremunerative business, and failed
in 1S75.
Finding that a bank building was in course of
erection, upon an up-town corner lot, which was bought
in 1873, the receiver brought suit against such of the
trustees as had voted to take the step of putting up this
building, for recovery of the resulting lo.s.'".
The case
It
is
not claimed that there was any violation of
I
bank's condition by attracting deposits.
He
says
:
THE CHRONICLE.
368
ThMr OToUct was
to bity tUlB
comer
l»t
and erect thereon an toPos'nK
[Vol. XXXI.
proposed, as going too far, because,
doposits.
JtS^S, h.Vuire <»nfldenoe, attract attention, and thus drawexpensive
made automata, without any scope
ifwMlntend^^Tsort of advertisement of the bank-a very
of such a bank
•
•
It i» not legitimate for tlie trustees
It matte™ not
doiK>sitor8
toSoiki^t"»it« »t the e^penso^f presentmore thaa »•
no
falfj'''"?;";?^
that the truatccs purchased tliis lot for
«™e™
subsequent
the
by
l^^
that the 1o"h was occasioned
/,^"°«t'"
to expose their
l>a°f„ »" *^®
of real estate. They had no right
an Improper one when
if^^Tdi of such a decUne. If the purchase was unavoidable
'}*''«
that the loss came from the
nSSlt matters uotestate
J""
purchased. • * * We conclude, thererorc.
S5ii« of the real
that t^'«J?« "?» »
Sirtheelwence justified a finding by the .l.iry
thet™**
of
part
'««? "gf,^
^'"
the
on
Judgment
of
of mere error or mistake
""rea*"""""; exthat It was a case of improvideuce, of reckless and
reasonable
of
measure
In
that
failed
tJ-ustoes
to?vwtB^cc in which the
pm<Snoe, care and skill which the law requires.
inr^d^«l
vXe
care
the law did not and could not require more
a
that
than
skill than this— in other words, more
the
Giving
had.
should use the best judgment he
Now
and
man
possitest there was in him, he necessarily exhausts the
adbe
must
there
course,
Of
in his own case.
bilities
yet it
mitted a liability for the grossest negligence; and
miist
negligence
of
question
the
that
undeniable
fleems
if
trustees are to be
for their judgment,
they will decline to act, and the result will be to deprive
trust funds of the services of the persons who are most
This result would even more
desirable to secure.
surely be accomplished were the doctrine to be
estab-
must make good any losses arising
from their own errors of judgment, for reeponsibility
without power, at least, will not be accepted. Such
lished that trustees
a doctrine the country cannot afford to establish.
COTTON CONSUMPTION AND OVERLAND
MOVEMENT FOR SEPTEMBER.
Northern spinners close the
year under
much
less
first
month
of the
new
cotton
favorable conditions as to profit than
"Wages are higher,
prevailed the last of September, 1879.
exercise
be determined by the question of fact as to the
cotton is higher, and the prices of goods are lower
in truth,
must
question
of the individual's best faculties, and this
every element which affects the net balance has changed
a
suppose
For illustration,
dtptnd upon the individual.
—
limitations
«a8e of trufctafship of any sort, all specific
that
a trustee
and
upon action by statute being absent,
Does
investment.
foolish
makes soma obviously
be
should
estate
his
whether
not the question
to the
But, notwithstanding
disadvantage of the spinner.
most cases profitably employed,
though apparently the margin is a narrow one. That we
may present in an intelligible manner the details of the situation in which the cotton industry of the country is placed
all this,
spindles are
still
in
largely or chiefly upon
responsible, depend
to-day, we shall give
first,
the overland movement for
is some business man of
If
he
is?
he
what
and
who
total takings of spinners during
the
September;
second,
proved capacity, everybody will say that it is useless for
the month; and third, the more prominent features of the
him to plead having acted as well as he could, and that
trade for the first month of the two years.
just
he must live known better; but if he is a man
OVERLAND MOVEMENT FOR SEPTEMBER.
legally capable of administering his own affairs, the case
perfected arrangements by which we shall
have
We
nobody
what
saying
only
different. This is
—
held
is
—
obviously
can reasonably deny — that one man
not to be required
contrary
man
other
some
; the
judgment
of
the
to use
would lead to the proposition that every man is bound
is
to be as wise and successful as the wisest
man, and
to
few mistakes. Probably a thousand men could
be found in this city who would have foreseen, in the
beginning of 1873, that it was not judicious for this savings bank to attempt erecting a building, and that liquidation at once would have been wiser; but the trustees
who voted for the building were not such men. If a
make
man
the overland figures, and
issue of the
Below
is
we
first
shall give
of each month, all
them
in the earliest
Chronicle for which they can be prepared.
the September
movement
in our usual form.
Bales.
as
thought, at that time, that the apparent general
prosperity was going straight on,
are
there
who have no
right
to
what a multitude
fling
if
these trustees thought that to
Moreover,
it is
not to be overlooked that this decision
tends towards the doctrine— not yet enunciated, but
clearly following from it that trustees are to be respon-
—
sible in their
own
Shipments in September from St. Louis
Carried North over Illinois Central RR. from Cairo, &a
Carried North over Cairo & Vincennes RR
Carried over Mississippi River alcove St. Louis
Carried North over St. Louis & Southeastern RR
Carried North over Evansville &TeiTo Haute RR
Carried North over .leffersonviUe Madison & Indianapolis RR..
Carried North over Ohio & Mississippi Branch
Shipped through Cincinnati by Louisville Cin. & Lexingt'n KR.
Receipts at Cincinnati by Ohio River, Ac
Carried North otherwise or over other routes
Shipped to mills adjacent to river and to points above Cincinnati
Total carried overland, September, 18S0
Deduct—
a stone at
crowd on all
Bail, put on appearances, and attract business by a tasteful building, was the way to put the bank on a substantial footing, does that prove more than that their judgment was less sound than that of others? This was
before savings banks had begun breaking; the tide was
beginning to ebb; but, because some are prophets in
their generation, are all under obligation to be ?
him;
hereafter receive by telegraph, the
persons for the results of their
official
Receipts overland at
more and Portland
New
14,624
524
950
6,281
140
3,146
919
1,073
1,919
3
497
30,076
York, Boston, Philadelphia, Balti10,503
Ac, to LonlsvUle,
Shipments from
ew Orleans, &c
St. Louis, Nei
ftom—
Shipments North over inland routes
St. Louis, Lonisvllle,
.
33S
100
49
813
G,ilveston
New
Orleans
Mobile
Savannah
Charleston
North Carolina ports
230
Virginia ports
12,033
Total to be deducted.
Leaving the direct overland movement not elsewhere counted *18,043
*Thl8 total includes shipments to Canada by
month 866
rail,
which are
thia
bales.
In September, 1879, the gross railroad shipments North
were 45,681 bales and the net direct to manufacturers were
Such a doctrine is of course equivalent to put- 28,123 bales; hence, the foregoing statement shows a
ting them in the position of general partners as respects falling off in gross rail shipments this year of 15,605
the institution they have in charge. It is obviously bales and of net direct to manufacturers of 10,080 bales.
inconsistent with existing restrictions of law upon We should not, however, conclude from this fact that the
fiduciary action. Thus, by law, savings bank trustees year's movement overland is this season to be less than in
are rigidly and minutely tied up as to investments, and 1879-80.
The present decrease is not due to any change
bills were proposed, last winter, which would have in the actual currents of the trade, but first and mainly,
tied them more tightly still; there is no corporation to a difference in the date of maturity of the plant in Texas
of a public character in the country whose directors and at other points in the Southwest, and second to continare entirely free, as they are in their own affairs. The uous storms in the same district, which have checked the
theory is that the trust will be protected by certain picking and marketing of even that portion of the crop
restrictions, but this is inconsistent with additional pro- which was in condition to be prepared and sent to market.
tection from unlimited personal responsibility of direc- It will be remembered that last season an unusual and
tors.
We have repeatedly objected to some restrictions severe drought in the sections mentioned ripened the
action.
—
October
9,
THE (^HRONIOLE.
1880]
i69
This difference in the
THE OOODS TRADE IN SCPTEMBEB.
"We have already stated that spinners are not now in
important to remember, because it leads to
the natural inference that another month will see this as favorable a position with regard to profit as they were &
movement fully under way again and resuming its usual year ago. An outward sign of this is seen in the disturbance, during the past month at Fall River, of the pleasant
volume.
cotton very rapidly and very early.
two seasons
is
which have for some time existed between the
Very severe criticism has
While the overland thus shows a falling off in Septemexpressed
by
a
portion
been
of
the
press and even by Fall
excess
of
a year
ber, the receipts at the ports are largely in
stockholders
and
River
clergymen
upon the injustice of
advanced
condiof
more
chiefly
a
This is the result
ago.
in
lowering
wages.
oflScers
the
Without
passing upon tho
in
part
States,
but
also
of
Atlantic
in
the
crop
tion of the
NORTHERN SPINNERS TAKINGS.
relations
mill
the unusual stimulus under which the cotton movement
has been hastened this year; we refer to the cornered con-
—
hands and their employers.
question of ethics presented, it is perfectly safe to say that
the most of the criticisms published are coupled with &
In the first place, wages in
great lack of information.
The port receipts and foreign shipments during September, together with the stock at the September, 1880, were 10 per cent higher than in the sama
month of 1879. As a second fact, low middling cotton on
close of the month, are given in the following table.
the last day of the month was one cent per pound higher
Eiported in Stplember to—
than the same day last year, while sheetings and in fact all
Stocks
Seeeiptt.
September.
Clrmt
ContiOct. 1.
other cotton goods except print cloths (which are simply
Total.
France,
Britain.
nent.
dition of the market.
—
65,050
Oalvcstoa
Ac
1,993
Orleans..
58,240
20,112
Indliinola,
Now
Mobile
28,985
32,921
796
51,650
54,014
9,816
1,507
21,869
472
Florida
Savanuah
23,523
78,753
21,421
21,421
60,208
3,466
7,259
8,806
25,112
141
50,186
2,056
4,074
4,398
..
121,913
1,389
91,911
579
14,608
Norfolk
City Point,&o
61,690
8,707
8,806
569
52,030
5,109
13,964
]"t.
11,218
3,570
7,648
Koyal,&o.
Wllmiii(ttou
.
22,016
1,311
Mew York
Boston
Baltimore
7,173
1,282
1,479
Plilladelp'a,&o.
459.478
Total
Using the
we
5,257
6,678
1,100
2,614
162,593
30,696
10,081
63,965
5,109
15,064
2,614
which has reached
a market through the outports and overland, and through
Southern consumption, in September this year and last
is
as follows.
Reeelpts at the ports lu September
Net shipments overland in September
bales
Total receipts
Southern cousumiitiou in September
1880.
1879.
458,478
18,043
333,643
28,123
.
Total bales for September
The
1880
is
361,766
7,000
476,521
9,000
485,521
increase marketed during the first crop
368,766
month
To determine
thus found to be 119,755 bales.
of
the
portion which has gone into the hands of Northern spinners
during the same period, we have prepared the following.
Total in September, 1850, as above
...bales.
ttoek on hand coiumeiicement of year (Sept. 1, 1880)
At Northern ports
60,109
At Southern porti
77,310—137,419
At Providence, &e.. Northern interior markets ..
3,999—
Of
Total supplv
1880.
...
.
...during^ September,
1^^
.
this supply therrt has been
to foreign ports in September
485,521
141,418
626,939
exported
Less foreign coiton included
Sent to Canada direct from West
Burnt North and South
Stock on hand end of month (Oct.
At Northern ports
203,370
243
—203,127
1880)—
60,714
AtSdUthern ports
271,690—332,404
At Providence, &c.. Northern interior markets..
1,743— 538,140
Total takings by spinners
Taken by Southern spmners
in September, 1880.
more
or
lower prices for the manufactured article must, at best,
come pretty near leaving an unfavorable balance sheet.
To show the course of values through the month, we give
the following statement.
1880.
1879.
CoU'n Print-
Septemb'k
low
ings,
niid- cloths. stand-
1..
2..
11>4
ll^e
ll>«
5..
6..
7..
8..
9..
8.
10..
11..
12..
13..
14..
15..
16..
17..
18..
19.,
20.,
21.,
22.,
11%
11%
11%
113ie
11=16
7%
S.
S.
3^8
3'8
3'8
378
7%
7:«t
7%
7%
-\
1\
8.
7%
IH
7%
•JH
7\
7%
S.
7%
7%
7%
7«4
7\
7\
3''8
IIM
4
8.
S.
4
ll^ifl
U'ls 4
ll^u 4
4
4
1138
1138
1138
4
S.
8.
4
1138
ll^is
11>4
4
4
4
4
UH
4
8.
li"
1^"
ll"i« 1^"
%\'
S.
12li«
12ln
12iis
12118
12
12
4
4
7!%
4
8%
gia
81a
8>a
8I4
8«4
4
4
4
S.
B.
12
4
U's
378
1113,8
1113
3%
3\
11.3,8
3»8
3»8
8
8
8
8
8
S.
3%
8
8
8
8
8
31a
8
11»,8
1011,8
1013,8
1013,8
107,8
10»i8
3»IB
31a
3I3
314
S.
S.
107,8
103,8
7\,
7^
7%
7%
IK
1\
8.
S.
11°8
11«8
!1»8
111*
3"l«
UI4
3%
31 lis
111*
III4
III4
I13l«
Ills
11
s.
10\
10%
8
8
8.
338
318
311I8
11%
1078
1078
S.
31a
31a
8.
s.
8
cloths. tiana<ird.
8.
1115,8
1178
1178
1178
ll's
11>4
S.
7\
7%
7%
4
8.
4%
4%
4%
S.
S.
S.
1138
1138
11 H
113i8
lli3ie
1113,8
111316
ll's
754
8''8
8I4
8I4
8I4
8I4
8 14
8I4
n"ig
7%
3%
11^
IIH
23.
24.
25.
26.
27.
28.
29.
30.
Oolt'n Print- Sheet- Ooffn Print- Shtetlow
ings,
low
ing
mid- cloths. stand, mid6)164 ard. dling. 64x64 ard. dling.
dling.
3..
4..
1878.
1011,6
10=8
s.
I03a
3\
8.
3%
3%
3%
3\
3\
3%
B.
3%
3%
3%
3%
3H
3%
8.
3%
7Ji,
7%.
7%
IK
7K
7%,
7%.
IK
IK
7K
7V
a.
7%.
7K
7%
7%
7%
IK
s.
IK
The above prices are— For cotton, low middling upland at New Torkf
for printing cloths, m»nufacturers' prices; for 8he«tlngs, agent*' priooi,
which are subject to an average discount of 5 per cent.
866
1,
•§ Ic.
not require any great acuteness to see that 10 per cent
shall find that the portion of the crop
year,
—are from f
lower than at the same time a |year ago. With, therefore,
per cent higher wages and 1 per cent higher cotton (that
1
is about 10 per cent increase in the cost of goods), it does
203,370 332,404
by the foregoing statements,
facts disclosed
kept up by the threatened strike)
Of course the quotations for the first 20 days of September,,
receipts are small, are not expected to be a guid»
when cotton
88,799
9,000
for business calculations; but
79.799
89,148
by the closing week
in
Septem-
9,349
ber prices of the raw material and of goods usually assume
their true relationship.
Last year, however, a great speculation set in about this time, and within a few weeks the
be noticed in the above that the actual September
whole situation had changed; for while cotton was going
takings of Northern spinners were 9,349 bales less this year
up 10 per cent goods went up 30 per cent, and they continued during the most of the year to hold about that
Taken by Northern spinners in September, 1880
Taken by Northern spinners in September, 1879
Decrease in takings by northern spinners this year. bales.
It will
than for the same month of 1879.
This, however, docs
not really measure the extent of their decreased new supply
in September, since there were on Sept. 30 about 10,000
bales more in course of water transit, and therefore tem-
values ruling
September
barely covered cost
porarily out of sight, than at the
hence, the actual arrivals at mill
Spinners claim that the
relation the one to the other.
same date a year ago; the condition
were nearly 20,000 bales who criticises
is
;
if
30,
that
is
1879,
true,
decidedly worse.
for printing
it is
Any
cloths
evident that
now
persop, therefor©,
their action very severely, ought first to
This circumstance furnishes present a statement showing that the ruling figures net a
positive proof, if any were needed, of the fact stated in our reasonable profit.
Besides that, one further thing must bo
crop report that spinners carried into September, 1889, accepted in the discussion, and that is that there is to b»
less
than in September, 1879.
—
somewhat larger stocks than they began the previous
son with.
sea-
this
year no repetition of last year's frenzy.
We
look for
a steady and increasing home and foreign consumption for
THE (JHBONICLE.
370
our goods, and
extravagant
for steady
profits.
and remunerative
Sucli a condition
prices,
we
is,
but no existed there for some time.
believe,
much growth
a healthful
better for the country, and will best secure
industry.
cotton-manufacturing
the
development of
consequence of the lower prices which now rule for
In
the
cotton manufactures, it is satisfactory to know that
to
export movement of goods has already again begun
all
increase.
There are no
oEScial figures for all the ports,
bat we have obtained returns showing the number
packages exported from the larger cities— New York,
Boston, &c.— and they reach 16,692 packages for September, 1880, against 12,195 packages for September, 1879,
which shows an increase of 4,497 packages over last year.
This would have been further added to, had it not been
of
that the supply of the productions required
IVou XXXI.
Another indication of the
movement is furnished by the monthly
reports of earnings of the Delaware & Hudson Canal
roads.
For the eight months ending August 31 the earnings were $3,285,114, or pretty nearly $600,000 more
than during the corresponding time last year, when they
were $2,685,305. The figures are given in detail on a
following page, in our table of net earnings, but we may
of the traffic
is an increase of $215,192 on the
Susquehanna, an increase of $268,488 on the
Rensselear & Saratoga, an increase of $151,813 on the
New York & Canada, and a decrease of $35,684 on the
say here that there
Albany
&
Pennsylvania Division road.
&
Susquehanna,
by shippers nia Division,
is
The
increase on the
Albany
on the Pennsylvanot be taken as indi.
in the face of a decline
significant.
May
it
some of the coal formerly supplied to New
see in this an illustration of the truth of our remark England by the Delaware & Hudson Canal is now being
The Pennsylvania Division would
of last month, that the decrease in our export of cotton supplied by the Erie ?
goc^s during the year was only a temporary set-back^ be the only division affected by such a change. The Alresulting from our unnatural speculation, and that our bany & Susquehanna would not suffer any, as what were
manufacturers would be in a condition to engage in this lost in traffic from the Delaware & Hudson would be
business profitably, largely and permanently as soon as gained in traffic from the Erie, which has to use the same
Now, line.
values resumed their old relations to one another.
trade,
The Tunnel Line is also proving of great advantage to
home
steady
have
a
likely
to
are
as
we
therefore,
That city no longer has to depend
instead of the excitement of last year, we may reasonably the people of Boston.
Of exclusively upon the Boston & Albany. The utility of the
anticipate a steady development in this department.
After
course also, as the raw material declines our position for new connection seems now all but established.
spending pretty nearly 19 millions upon the route, chiefly
competing with other nations improves.
The bearing of all these facts on the cotton market on the Tunnel, it appeared at one time as if Massachusetts
seems to us to be evident. So far as our home spinners were to reap little practical benefit in return for her money.
are concerned, the present promise is that they will find But new proofs of its usefulness are being received every
consumers for all the goods their spindles will turn off. day, and when the route becomes better known and the
They ought to require at fair prices some increase in their distance between Mechanicsville and Schenectady is shortsupply of cotton, but not a large increase over last year's ened, the advantages will be even more apparent. Aside
While, therefore, planters are likely to realize a from the fact that through it Boston gets another all-rail
takings.
comfortable profit from this year's crop, neither prices of line to the "West, the Tunnel route can be used to advangoods nor the temper of the country would sefem to encour- tage in connection with the Erie Canal. The Boston
age or warrant any return of last year's cotton mania. Journal says that several large shipments of grain have
"We think it is reasonable to look for a much steadier recently been made to Boston, via the canal and tunnel,
trade in both goods and the raw material.
and it has information of a shipment of 70,000 bushels of
corn now on the way in one consignment. This opens up
a field capable of large development in the future, and to
TRUNK LINE.
BOSTON'S
the cultivation of which it may be expected Boston will
The Boston Hoosac Tunnel & "Western Railroad is to be devote herself with much energy.
extended from Mechanicsville, its present terminus, to
Schenectady.
Contracts for building the extension have
THE SITUA TION IN IRELAND.
already been given out, and the work is to be completed
It required no very large amount of prescience to be
by July 1 next.
convinced when the Disturbance Compensation Bill was
was
"We
so light as very considerably to restrict the takings.
eating
that
NEW
In
itself
the construction of this
piece of road
— the
thrown out by the Lords that the circumstance would
be turned to account by Mr. Parnell and his associates.
much. Taken, however, as a link in the chain of railroad It is doubtful, indeed, whether if the bill had had a difcommunication with New England, and particularly with ferent fate it would have had the effect of allaying the
Boston, it is deserving of more than a passing notice. The excitement, and making an end of the agitation.
As
Boston Iloosac Tunnel & "Western is part of the Hoosac
we have shown before in these columns, contentment
Tunnel route, made up of that road and the Troy & Green- under English rule, or in connection with the Imperial
field and Fitchburg roads, and, in connection with the
Government of Great Britain, does not appear to be
Albany & Susquehanna from Binghamton to Schenectady, among the points of ambition aimed at by the class of
and the Rensselaer & Saratoga from Schenectady to men who periodically take the lead in Irish politics, and
distance
is
only about
17 miles
Mechanicsville via Ballston,
outlet to
New
little
— would
not amount to
gives the Erie Railway an
England from the
"West.
The projected
extension will dispense with the use of the Rensselaer &
Saratoga, and will shorten the distance between Schenec-
tady and Mecbanicsville by about 9 miles.
This line has been in operation only a short time and
already the Erie finds it a very desirable connection. The
business over the route is steadily increasing.
Recent
who
strain liberty into license
may
and even
into
open rebel-
not to be denied that
Bill, named above,
Ministerial
Land
the failure of the
opportunity for
an
malcontents
with
Irish
has furnished
the wildest kind of political agitation.
"Without doubt Ireland has had her grievances. Unlion.
However
this
be,
it is
It was
itself, it was a conquered country.
brought under English rule by force of arms at a time
reports in the Boston papers state that so rapid has
been when the science of government, as we now know it,
the increase in traffic that the facilities for handling it
at was but imperfectly understood, and when the wishes of
North Adams have proved inadequate and a blockade has
the people were of infinitely less consequence than the
happily for
.
October
THE CHllONKXE.
9, 1880. J
371
'-
'
'
will of the
monarch.
was held
It
in sabjection for cen-
In this respect the
by the same iDstramentality.
of Ireland has always differed from that of
Scotland, which was never a conquered country, and
which entered into union with the larger sister kingdom
on equal terms. It was not wonderful if under such
circumstances the arrangements made by the conqueror
for the government of Ireland were not all of them quite
agreeable to the Irish people. It was not wonderful
that the Irish people should have fretted under th i yoke,
or that their resistance to authority should have increased
troubles,
whatever they may
be,
ii
~^
—
not to be found
'
by
turies
using the prescri ptions of tiiher section of the preseat
position
agitators or of both.
rather than alleviated their miseries.
It
men
is
now, however,
that
felt
if
many
years since British states-
they had a right to claim Irish
bound
alle-
do Ireland justice. Reform
has followed reform during the last sixty odd years,
with amassing rapidity. Catholic disabilities have been
removed relief meajures have been passed, relative to
giance, they were
to
;
encumbered
estates
the educational
;
system of
the
country has been improved and made co-extensive with
the wants of the people ; important changes have been
made as to the tenure of land changes mainly in the
;
Land-Leaguers and the
been quite agreed. It
were a prospect of an
would also appear as if
the Fenians, having taken courage from the impunity
with which Parnell and his associates are allowed to
comport themselves, in the almost open encouragement
of sedition, were about to emerge from their Beclusion
and swell the united ranks. There is no denying the
fact that the tendency of the present agitation, with its
monster meetings and its inflammatory harangues, ig to
provoke insurrection. There are many indications that
the country is ripe for it, and that a rising is imminent.
There can be but one conclusion to the whole matter.
Law and order will be preserved. But how much sorrow
will such a collision between the British government and
We
the Irish people occasion.
We
1848.
—
interest of the tenant
This, however, is not all. The
IIome-Rulers have not hitherto
would appear now as if there
alliance between the two.
It
know
the
A similar
demonstrations.
an alien church has been robbed
also
know what happened
result
ia
of the later Feniaa
result will close this aimless
agitation.
of its exclusive privileges ; and means have been
adopted for the establishment of a national university. RAILROAD EARNINGS IN SEPTEMBER,
1
10 OCTOBER 1.
It is difficult, indeed, to point to anything which may
Thirty-nine railroads in the table below report gro83
justly be called a grievance in Ireland, the counterpart
of which might not be found in Scotland or in England. earnings in 'September, 1880, of $15,486,860, against
But certain portions of the Irish people refuse to be $12,713,665 in the corresponding month of 1879. This
satisfied ; and Irish politicians have discovered a radical is an increase in 1880 of $2,773,195, or about 22 per cent.
cure for the ills of their distracted countrymen in the The only road of any- prominence which shows a decrease,
dispossession of the landlords and in the establishment is the Missouri Kansas & Texas, and that only the insigni-
AND
FROM JANUARY
ficant amount of $11,693.
The mileage is largely increased
Rule.
no evidence of wise statesmanship to aim at the on several of the large roads, and it is well known that the
impossible.
It is a matter of grave doubt whether, if great consolidated lines are operating much more than they
the present landowners were dispossessed and the entire did in 1879; indeed, on such roads as Denver & Rio
soil of Ireland divided among peasant farmers, the coun- Grande the comparison amounts to nothing; but the new
t»y enjoying at the same time all the advantages of self- road acquired is so different in traffic from the old linea
government, thegeneral situation would be improved and with an established business that the mere question of
if
known,
is
far
less
important
the last Irish grievance buried.
to
But is there any likeli- mileage,
hood that the gentlemen of Ireland, who have held their stockholders than the expenses and net earnings.
of
Home
It is
estates for centuries, will
abandon these estates
And
at the
now
since
the
larger
roads
are
reporting
Mr. Pare el or under the threats of an Irish mob? their gross earnings regularly, let them follow the ex
Is it to be expected that the landowners of Great Britain ample of such corporations as Pennsylvania Railroad, Erie,
will consent to a legislation in regard to Ireland, which, Chicago Burlington & Quincy, and others, which furnish
Many of the railif applied to themselves, in Scotland or England, would also their expenses and net earnings.
compel them to part with their estates at a valuation ? roads, however, operating only the same number of miles
Then, again, where is the money to be found, eren if as last year, show a very handsome increase over SeptemParliament did so legislate? Does Mr. Parnell expect ber, 1879, although that was a month of enormous traffic
The list from January 1 to October 1 shows what may
to raise the requisite funds in the United Slates ? Or
are we to conclude that Scotland and England are to be termed a clean bill of health, and no road is found
be impoverished by taxation for the special pur- among the thirty-five reporting which has earned less
pose of giving free farms to the Irish peasantry ? The money than in the corresponding nine months of 1879whole thing is preposterous. And what greater chance With economy in management, and not too much spreadis there that the British Parliament will allow itself to ing in the capital account, the railroads have every prosbe ruled by this new Irish brigade, and forced into an pect of doing well.
arrangement by which Ireland will be allowed to govern
GROSS EARmNOS Df SErTEMBEK.
Inereate. Deerease.
1879.
1880.
itself, apart from and independent of the Imperial gov25.009
154.795
Ccdiir Rap. <fcNo..
179.801
ernment ? If there is any fixed principle in the minds of Burl.
Central Pacific
1.649,429 307.571
call of
Chloano
Alton
whether of the Whig or Tory school, OUlcaKo
& East. Illinois.
it is this
that Ireland shall and must continue an in- Clilc. Milw. & St. Paul..
ChicaeoA Northwest..
tegral part of the British Empire
and we may rest Chlo.St.P.Minn.&Oinalia
Cincinnati & Sinini^Ueld.
assured that while there is a sovereign in the British Clev. Col. Cin. & Ind...
Denver So. Pk. & Pacino
treasury, or a soldier in the British army, this principle DCS Moines & Ft. DodffO*
Detroit Lans. &No.«....
will never be abandoned.
The leaders of the Land Denver A Kio Grande
Flint & Pcre M.arquctto.
League and the leaders of the Home Rule forces alike Grand Trunk of Cau.adaJ
Wesfn of Canada!
" The doctors," to quote Great
are aiming at the impossible.
Hannibal & St. Josepli..
British statesmen,
<fc
—
.
;
..
the pointed language of M. de Molinari, in the Journal
det Bebats, " are killing Irelan d." The cure for Ireland's
'
t
|
t
1.957,000
733,234
131,901
1,257.000
1,957,951
144,771
81,488
410,103
127,532
24,774
75,036
400.990
146.032
893,241
436,705
209,058
628.811
82.049
1,018,806
1,716,409
117,810
89,373
410.064
95,532
18,475
75,092
112.823
107.350
800,8.^7
367,376
176,810
Three weeks only of September in each year.
For the four weeks ended October 2.
For the four weeks ended Septeiuber 24.
104.423
49,855
238,194
241,542
26,961
7,885
39
32.000
6,299
86
288,167
38,682
92.H84
69,329
32,248
—
——
.....
.'
.
!
THE (CHRONICLE.
872
Do down
Ifiwsed lines)
Intcnmfl (it. North...
lake Erie & Western" ..
.n:
Ix)ulsvilk<& Nashville..
Harq. Hmif-'lit. & Ont.*.
Memphis
Clmneston..
A-
& 8t. Louig*
Missouri K.uisas&Tex..
59,3l!>
ailnueaiKilis
369,065
179.191
172,120
332,810
129,603
44,460
661,400
277,817
152,700
274,145
31,733
184,627
127,228
1,177,134
Moblle& Ohio
K. y. & N<w England*..
KortUeru I'aiitlo
Bt.L. A.&T.H. mainline.
Do do (branches)*
Iron Mt.& South'n.
flt. IiOUisiV S. Francisco,
et. Panl >fc Sioux City
Bt L.
Minn. & Manitoba.
8t. P.
Scioto Valley
&
Texas
J'ii.ciflo*
Toledo Peoria & Warsaw
Wabash St. Louis & Pao.
lt>,108
27,347
363,786
32,219
Gross earulUKS
Operating expenses^ taxes
30,859
1,465.742
14,186,760
5,607,116
910,542
8,721,000
13.910,229
1,079,354
631,335
3,092.335
1,494.876
214.936
834,908
Ko.
Central Piwitic
Chioai^o & Alton
Chicago it East. Illinois.
Chicago
.Milw.
Cliicaso
1^
&
St.Paul
Northwest
. .
Clli0.8t.P..Minn.& Omaha
Cincinnati & Springfield.
OleT. Ck)l. Ciu. & lud
Denver -^o. Hk. & Pacillo
Des Moines & Ft. Dodge*
Detroit Laus. & North*.
Flint it Pere Marquette.
Grand Tnmlc of CJanadat
l,i:i3,622
7,700,(185
Great West'u of CanadaJ
Hannibal cfe St. Joseph.
3,.=>9ii.289
HI. Central
4,553,731
1,187,769
1,173.419
6,516,547
623.098
752,677
516,119
3,025,770
1,463,350
1,708,039
1,027,507
(111.
1,80-1,004
line)
leased lines).
Internat'l & Gt. North.,
liouisville .% Nashville
Marq.Houf,'hton & Out*.
Hempliid & Charleston
Minneapolis & it. Louis*
Missouri Rnnsas & Tex.
(la.
.
.
Mobile ifc Ohio
Northern Pa^itlo
Bt.L.A.&T. H. main line.
Do do (branches)
418,04«
4,278.410
Bt.L. Iron Mt. .feSouth'n.
&
Net earnings
& Nashville
Gross earnings
Operating expenses
Net earnings
Marquette Houghton
&
Net earnings
Missouri Kansas &
Gross earnings
785,930
205,529
892,765
6,068,029
1,027,399
8,741,393
108,790,037
Total
The statement below
and from January
companies as
1
to
will furnish
Oper'g
Net earnings
69,057
BOTl. Ce<lar Rap.A North'n—
Gross earnings
160,160
Expenses
98,858
Net earnings
ChesaTiealic
August,
134,9.55
1,228,046
83,726
661,043
988,665
612,649
51,229
567,003
376,016
122,827 1,283,938
B7,814
a34,191
834,641
602,903
61,302
35,013
451,447
281.738
239,110
152,562
215,693
137,193
1,756,381
1,341,085
1,201,886
212,426
8,819,621
4,828,363
271,557
741,846
458,431
777,530
407,278
18,887
47,911
283,415
370,252
Gross earnings
Operating expenses
55,617
23,232
43,185
31,629
428,i:0
239,526
276,297
193,108
Net
32,385
13,556
188.581
82,889
178,832
54,578
1,219,011
660,033
950,523
534,271
125,020
124.274
558,979
& Hudson Co.'a roads Gross earnings
478,673
412,,547 3,285.114
Operating expenses
247,137 183.384 1,913,819
410,249
2,685,303
1,541,350
Ueteaiuings
1,143,949
New
eayiilncs
Vurk
1,167,469
510,145
3,120,011
2,146,813
2,475,661
1,896,626
1,554,480 1,256,998 10,951,394
8,102,467
347,532
206,909
275,907
203,188
2,431,0''0
1,371,011
1,383,548
140,623
72,719
860,362
487,463
1,531,813 1,462,?.80 11,004,113
9,460,470
1,570,663
479,752
37,526
19,596
372,672
193,103
27,700
Net earnings
Louis Iron Mt. & South'n—
565,869
Gross earnings
Operat. and extr. expens. 371,586
17,930
174,369
115,972
403,316
229,943
3,617,010
2,523,446
2,664,577
1,891,653
194,283
173,373
1,093,564
772,924
308,198
192,226
Estimated.
July.
1879.
1880.
of
.
£
«
178,319
122,403
133,886
110,150
55,916
2J,736
Canada—
to hand:
Jan. 1 to July 31.
1879.
1880.
.
—
*
*
THU DEBT STATEMENT FOR
SEPT., 1880.
the official statement of the public debt as it
appears from the books and Treasurer's returns at the close of
business on the last day of September, 1880:
The following
is
Amount
Character
of Issue.
6s of 1880.
6s,0r.War.
6s of 1881.
6s of 1881..
5s of 1881
Dlv.
Outstanding.
When
Aulhin-izing Act.
Payable.
Registered.
Feb.
Mar.
July
Mar.
July
4128 of 1891 July
48 of 1907 July
8,'61 Dee. 31,
2,'61 July 1,
17,'61 June 30,
3,'63 June30,
14,'70 May 1,
14,'70 Sept. 1,
14,'70
1907
'80
'81
'81
'81
'81
'91
J.&J.
J.&J.
J.&J.
J.&J.
;.-F.
>-M.
<i.-J.
Coupon.
$11,020,000
$2,586,000
111,369,900
46,824,150
299,041,050
173,743,400
532,562,100
38,299,450
12,007,100
175,190,500
712,4.50
76,'236,600
203.701,850
1,174,560,600 $511,053,930
$1,083,850
14,000,000
Feb. 26,'79
3s,uavyp.fd July 23,-68
4s, ref ctfs
.
340,318
Net
144,215
316,716
260,439
989,460
95,958
48,047
expenses
153,355
453,923
330,966
INTEREST-BEARING DEBT.
43,423
i'lg
188,153
1,807.809
1,297,664
Gross earnings
Operating expenses
89,388
70,501
.1
294,680
2,656,705
1,489,236
982,528
Grand Trunk
55,245
Opel
61,988
306,335
162.120
.
680,950
406,393
Hud.— Penn.
86,617
3.'i0,70l
The following July figures have but recently come
896,142
555,824
J.-
371,221
183,068
Net earnings
49,129
01 nings
1,375,342
510,180
243,500
489,651
Pittsburg TitusviUe & Buffalo55,500
Gross earnings
27,800
Operating expenses
*
92,552'
Gros.s iMrulngs
2,289,248
90,439
28,451
St.
128,346
73,101
Met
154,807
Net earnings
Net earnings
926.692
713,605 5,879,121 3,991,256
Delaware ,t Hudson Canal Company's roads
Albanv tV SusqueUanua
Dela^T.
503,340
292,460
-Jan. 1 to Aug. 31 .1880.
1879.
106,548
78,502
415,296
Chicago IJurllngton & (iuincy—
Grosh e.ivnlngs
1,610,168 1,315,559 11,325,592
Operating expenses
683,476
601,954 5,446,471
Gross ..iruings
483,907
3,491,750
2.116,408
2,673,369
Net earnings
Operafg expenses
680,734
5,625,547
3,336,299
rentals. .1,043,162
Operatexp. and
249.610
27,291
131,634
nsonth of
98,412
443,719
288,942
197,346
Net earnings
Philadelphia & ReadingGross earnings
& Ohio-
Gross e.uuings
Operatiusj expenses
51,645
1,621,644
1,135,737
133,600
46,983
Net earnings
Philadelphia & ErieGross earnings
Operating expenses
August 31, of all such railroad
monthly exhibits for publication.
$
179.947
110,890
79,260
1,977,892
1,297,158
Neteamings
-Aug.1879.
1880
exi>. (inel. extr'y) ..
10,213
232,122
133,710
Texas-
GROSS EARNIHOS, EXPENSES AND NET EARNINGS.
Atlantic Miss. & Ohio—
Gross earnings
,
12,453
56,227
973,196
579,035
122.937
Net earnings
Pennsylvania (all lines east of Pittsburg & Erie)—
21,179,632
3,723,353
2,982,718
26,607,070
Gross earnings
Operating expenses
2,168,875 l,7ii5,720 15,633,676 13,077,215
gives the gross earnings, operating
the
1879.
133,520
83,875
Ontonagon—
Gross earnings
Operating expenses
84,349,483 21,440,549
24,440,549
for
<fe
Net earnings
Northern Central-
»et incr ease
* Three weeks only of September in each year.
1 From January 3 to October 2.
'
t From January 2 to September 24.
expenses and net earnings
190,162
110,902
Aug. 31.-^
289,380
138,373
151,005
Operating expenses
1,666.633
1,673,716
298,363
2,160,127
2,592,300
244,446
89.500
510,422
999.457
60,911
87,394
340,092
1,289,813
531,150
496,792
480,200
122.106
89,469
2,497„^83
201,178
218,983
210,903
837,203
228,880
324.482
313,020
77,970
3,25.1,653 1,022,757
848,682
1,027.373
362,645
1,851,785
232,820
Toledo Peoria & Warsaw
Wabash 8t. Louis & Pac.
1880.
22,033
11,819
-795,800
Gross earnings
Operating expenses
426,306
1,039,436
12.520,127
S,933,400
611,979
6,360,«73
11,317,929
835,108
541,835
2,531,913
495,419
153,995
747,514
793,530
6,410,872
3,045,139
1.311,212
4,073,531
1,065,663
1,083,980
4.018.964
421,920
533,692
305,216
2,188,567
1,231,470
1,383,577
712,487
370,070
1,876,055
2,214,330
1,035,546
8. Francisco.
Bt. Louis
Man...
Bt. Panl Minn.
Sioux
City
Paul
Ar
Bt.
Boioto V.'iUey
9
Louisville
—-
&
1879.
$
XXXI.
11,693
17,938
8,709
61,917
15,374
3,698
70,324
78,688
42,267
49,315
3,608
31,697
14,854
240,912
19,631
12,713,665 2,792,829
2.773,193
GROSS BABSIH08 FROM JAN. 1 TO SBPTEMBER 30.
Increase. Decrease.
1879.
1880.
Burl. Cedar Rap.
,-nJan. 1 to
1880.
26,925
14,472
Net eaminira
Houston <t Texas Central-
69,3:i9
15,4S6,8G0
Total
Hetlnorea^.-.
Do
-Aug.-
Des Moines & Fort Dodge
Gross earnings
Operating expenses
43.359
17,808
582,350
153,715
178,949
48.597
527,214
50,699
35,395
28,460
380,758
161,253
163,411
270,893
114,229
40,762
591,078
199,129
110,433
224.830
28,125
132,930
112,374
936,222
625,709
171,523
195,057
75,944
891,000
82.018
104.731
Ci'iitral (111. line).
.
[VoT,.
Inerense. Decrease.
1879.
1880.
QllnolB
—
— —
:
$l,700,0si8,lo0
Aggregate of interestbearing debt...
On the above issues of bonds there is a total of .$2,401,809 of interest
over-due and not yet called for. The total current accrued mterest to
date is $15,732,693.
DEBT ON WHICH INTEREST HAS CEASED SINCE MATURITYT
never
There is a total of over-due debt yet outstanding, which ha_8
$/64,3o6
been presented for payment, of $6,011,865 principalofand
called bonds,
pnncipal
on
the
la
$633,086
Interest,
this
Of
Interest.
which principal Is as follows: 5-208 of 186;2, $3|0,6oO; do 1864,
1867,
$67 900- do 1805, $114,050; consols of 1865, $o58,100; do certs..
|l(io3:350rdo 1808,*$597"550; 1O403 of 1864, $1,599,730; 3's
$5,000.
.
DEBT BEARING NO INTEREST.
& Canada-
e:ir!iin;.'.<)
KeiiBseiaer
& Saratoga
Gross earnings
Operating exiionses
203,321
80,301
.
Net earnings
Total of Delaware
231,536
229,163
1,371,293
Authorizing Act.
Character of Issue.
July 17, '61; Feb. 12, '62
Old demand notes
Feb. 25, '62 ; July 11, '62 Mar. 3,'03
Legal-tender notes
Certlfloates of deposit June 8, '72
;
Gold
certltleates..
Silver certificates
March
3, '63
February 28,
'78
f'^^yj'^'l'^^- Mar._ 3; ^i5_557,874
Fractional cuirency
June 30, '64 iI
63
8,375,934
act J'e 21,'79
destr'yed,
Less amt. est'd lost or
Amount.
$60,825
346,881,016
9,965,000
7,511,700
18,521,960
;
Aggregate of debt bearing no interest.
Unclaimed Pacific Railroad interest
7,181,940
.$389,922,441
8,077
——
October
—
.
.
.
...
THE CHRONJCJLK
9, 1880.1
873
KECA PITULATION
Amount
Outstanding.
Interttt-hearing debt—
BondB at 6 per cent
Bonda at 5 per cent
BondH at 4 "a per cent.
Bonds at 4 percent
Refunding
RATB8 OF EXCHANGB AT LONDON AND ON LONDON
AT LATB8T DATES.
SXOBANOB AT LONDO!f~Sepl. 25. SXCUANQB OS LUSDON.
Interett.
$222,619,050
474. 531, .ISO
2.')(),<)00,00<)
73«,2«3,!»50
On-
1,083,850
14,000,000
certlfluatea.
Navy pension fund
$1,700,698,400
Total Interosfc-boarlni? debt
6,011,665
Debt on which int.hus ceas'd nnce maVrily
Debt bearing no interett
340.741,841
notes...
legal-tender
Old doniiuid iind
$18,134,503
764,356
—
!),965,000
CertifloatcH of depoHlt
26,033,660
7,181,940
Gold and
nil vcr cortUlcates
Fractional currency
S2.096,«32,506
$18,906,936
Total
Total debt, principal and Interest, to date, Including
$2,115,539,443
payinent
intereat duo not iJresonted for
199,945,260
Total cash in Treasury
$1,915,594,182
1,924,569,074
debt during the past month
debt since June 30, 1880
Decrease of
Decrease of
CURKKNT
$8,974,891
26,578,112
LlAItll.ITIES
Interest due and unpaid
Debt on which interest has ceased
$2,401,809
6,011,665
•-
764,3.56
26,033,6<!0
Interest thereon
Gold and
silver oertUicates
notes held for redemption of certificates of deposit.
Cash balance available Oct. 1, 1880
U.
9,965,000
154,768,769
S.
Total
AvAiLAMi.K Assets
in the Treasury
—
$199,945,260
,
$199,945.260
Cash
BONDS ISSUED TO THE PACIFIC RAILWAY COMPANIES.
IMTEBB8T PAYABLE BY THE UNITED STATES.
Character of
Amount
Inlerett paid
I$tue.
outstanding.
by U.S.
Interest
Balance of
repaid by
interest paid
iransportat'n
by U.S.
$25,885,120
Kansas Pacific .
6,303,000
Union Pacific
27,236,512
Central Br., U. P.
1,600,000
Western Pacific.
1,970,560
Sioux City & Pac.
1,628,320
$18,793,233
4,994,793
20,055,278
1,261,808
1,313,548
1,171,199
$3,278,108 $14,866,852
2,474,168
2,520,625
7,894,909 12,160.308
59.522
1,195,358
9,367
1,304,181
108.578
1,062,621
$04,623,512
$47,589,861
$13,8-'4,6!54 $33,110,007
Central Pacific
.
Total
The
I
issued under the acts of July 1,
1862, and July 2, 1864; they are registered bonds in the denominations
of $1,000, $5,000 and $10,000; bear
i)er cent interest in currency,
Pacific Railroad
payable January
1,
bonds are
and July
1
all
and mature 30 years from
their date.
UNITED STATES TREASURY STATEMENT.
The foUowing statement, from the
September, was issued this week.
ofHce of the Treasurer, for
baaed upon the actual
returns from Assistant Treasurers, depositatiea and superintendents of mints and assay offices
It is
:
LIABILITIES,
Fund for redemption
„I872
Post-office
OCTOBEB
1,
1880.
of certificates of deposit,
June
8,
Department account
Disbursinfr offluers' balances
Fmid for redumption of notes of national banks " failed,"
"in li(}ui(liiti<in." and "reducing circulation"
Undistributed assets of tailed national banks
JFlve i>er cent fund for redemption of national bank
notes
Fund
for redemption of national liiink gold notes
Currency and luinoi-ioiu redemption account
Fractional silver-coin redemption account
Interest account
Interest accoimt, Pacific Railroads
$9,975,000 00
2,540,606 48
21,849,909 23
19,746.955 25
616,560 21
15,423,010
475,965
2,753
67,390
99,927
and L. &. P. Canal
8,400
agent for p.iylng interest on D. C. bonds.
366,532
Treasurer's transfer cheeks outstanding
2,790,467
Treasiu-er's general account
Intere-rt due and unpaid
$9,784,449 42
Called bonds and interest
5,959,436 43
Oldaebt
816,585 07
Gold eerllrtcatcs
7,511,700 00
Silver eortiHcates
18,521,960 00
Refunding eeitificates
1.083,850 00
Balance, mcludiug bullion fund
149,625,797 92
$193,303,778
Co
Treasurer L
.
Antwerp
Amsteroam
Amsterdam
BerUn
Hamburg
...
Frankfort
. .
S.,
82
00
60
05
00
00
59
42
84
Madrid
Copenhagen.
Alexandria.
New York...
Bombay
OCTOBER
1,
1880.
Oold coin and bullion
Standard silver dollars
Fractional sliver coin
Silver bullion
Gold
$135 ,244,833 65
47',654,675 00
24*,799,925 40
'!'...'.
'....'.'..
5',557,759
74
.'.'...'.'...'.
31,600
6 ,318,769
27 148,612
3 ,355,314
220,125
62,696
12, 127,015
00
00
89
'
ceitificiitcs
Silver eertitliatcs
United States notes
Natiimalliiiuk notes
National liank gold notes
Fractional euirency
Deposits held by national
Nickel and minor coin
New York and 8an
."!'.'."*."..".!.'.'.
'..'.
bank
depositories].'!!!."."!!!."
Krauciseo exchange
One and two-year notes, <fec
Redeemed eertilieates of deposit, June
guartprly interest
2uniieii.>
Mueresi checks
cnecKS
'
§!
1872!!!!!!!!'
and coin coupon
ana
coupons paid
egistered and uuelaliued Interest paid.
^. bonds and Interest
1
Interest on District of Columbia bonds!
Defieits, unavailable funds
Speaker's eertilieates
FboUIc Railroad interest paid
3moB. 25-52«sa25-60
"
25-55 «25-00
"
12-4>fl »12-5
Sept. 26 Short.
"
8ept. 25
25-40
12-14
Sept. 25 Short.
Sept. 25
«(
Sept. 25
Sept. 25 3mos.
20-4S
20-46
20-4e
118-80
Short.
"
2067 320-71
1202>«»12-07i4
24'4a2m
57
00
97
81
-y
,063,766 30
1 651,000 00
'
325 50
00
93
50
81
12
30
90,000
117,978
10,303
997,343
3,047
690,848
126,315
00
$267,272,256 49
....
....
....
....
....
....
....
47>8»47
473b«47>4
S2»i«»527,28-60 -3128-25
18-40 a 18-45
Is. SJsd.
Is. 8>«d.
....
3ept.
25 3mo«.
Sept. 24 Short.
Sept. 25 4mos.
Sept. 25
....
Sept. 25
Sept. 25
—
27-8<>
4
Is.
Is.
81
8Si^
8>iar
3s 9^d.
58.2%d.
{From our own correspondent.]
London, Saturday, September 25, 1880.
The week just concluded has been one of remarkabU
quietude, and very little of interest has transpired ia any
department. The weather is very favorable for agriculture,
and the temperature is high for the period of the year. The
pastures are luxuriant, and the root crops are certain to be verf
abundant. Large quantities of produce are arriving at our
various markets, and very moderate prices are obtainable.
Wheat, however, has somewhat improved in value. Millers
have been making more liberal purchases, and have been compelled to pay about Is. per quarter more money j but as even
so small an improvement is calculated to bring larger supplies
to market, buyers have been cautious, and the trade closes with
a quieter appearance. During the next six weeks or two months,
a good deal of wheat will be on offer in the various markets of
the kingdom, as farmers will from necessity be coii Jelled to
make free sales. The increase in the home deliveries for th e
current season is already considerable, it being estimated at
160,000 quarters, or say 50,000 quarters weekly. Compared
with the years 1878 and 1877, however, there is a falling off }
but the season has been somewhat late, and farmers have very
The latest average for
little but new wheat to send to market.
English wheat is only 39s. lid. per quarter, and there seems to
be a probability that during the season the average quotation
This indicates a contiauiace of a
will not vary much from 40s.
cheap loaf of bread ; but flour is dear, in proportion to wheat,
and, as usual, the public are not deriving the full benefit which
should result from abundance. There is, however, not mcich
reason to complain of the price of food. The compatison is an
extremely favorable one compared with a quarter of a century
ago. Butchers' meat and dairy produce are certainly dear;
but, in spite of the augmented consumption, caused by the
increased wages of the working classes, and of a higher style of
living generally, the upward movement in the value of meat
and dairy produce has not only of late years been checked, but,
owing to the competition of co-operative stores, and to the
receipt of large quantities of food from the United States and
Canada, purchases can, in many cases, be effected on reduced
terras.
Taken as a whole, the working classes can, with judgment, obtain full value for their money, and without much
exertion in making a selection. We still hear, however, of
threatened strikes, which will be a misfortune for the country
as trade does not show just now any disbecoming active. The quieter feeling which
prevails may probably be due to the state of affairs in the East
and to some apprehensions which exist that the result aimed at
will not be attained without war ; and, aa the Eastern Question
is a very delicate one, Europe becomes alarmed, even when
disputes are confined to Turkey and Montenegro and Albania.
The absence of so many business men from tovm is also a drawback to active trade; but the holiday season will soon be
approaching its termination. The political situation, both as
if
ASSETS,
$267, 272,256 49
....
Caloutta
Hong Kong..
Shanghai....
Bate.
-J5-36*4
it
LUbon
Oenoa
TImt.
Sept. 24 Short.
"
C«dl»
Latest
Date.
Short. 25-32 1«»25-45
12-2is al2-3i«
3II10S. 20-67 •a20-71
*'
20-67 a'20-71
Vienna
8,077
Debt, less casli in Treasury, Oct. 1, 1880
Qebt, loss cash in Treasury, Sept. 1, 1880
ParlB
Paris
Rate.
St.Pctersb'rg
$389,922,441
Total debt bearing no Interest
Coolaimed Paclllc Kallroad Interest
Time.
they take
effect,
tinct indication of
regards Eastern affaire and the internal affairs of France, are
undoubtedly the chief cause of the prevailing quietness in
business ; but Europe hopes for a speedy settlement.
The movements in gold have attracted very little attention,
Paris having, it is understood, chiefly met the American
demand. A sum of £100,000 was, however, taken out of the
Bank of England yesterday for transmission to New York, bat
—
THE (HRONICLK
374
a good and sound position, tlie proportion of
being 53^ per cent. The supply of bullion
though comparing with £35,100,527 last
which,
is f28,3'i3,600,
is
year, is fully, if not above, the average. The total reserve
also satisfactory, being nearly £16,700,000, against £22,374,587 ;
and that is also above the average. There has been no
increase in the supply of mercantile paper, and in the absence
the Bank
reserve to
is
In
liabilities
of any important demand for financial purposes the money
market has been greatly wanting in animation. The rates of
discount have been declining during the week, and any expectation of money becoming dearer is difficult to foresee. Short and
three months' bills are now taken at 2 per cent ; and unless
demand for gold for export, it is
money will be forced up to any
there should be an extensive
4^ per cent per annum. No tender will be received
under £101 10s. per £100 bond.
During the week ended Sept. 18 the sales of home-grown
wheat in the 150 principal markets of England and Wales
amounted to 44,524 quarters, showing a considerable increase
over last year's deliveries, when they, were only 13,211 quarters
for the corresponding period. The total sales in the whole
kingdom are estimated at 173,000 quarters against 52,800 quarters in 1879. Since harvest the sales in the 150 principal markets
have been 101,534 quarters, against 61,188 quarters and it is
computed that in the whole kingdom they have been 406,150
quarters, against 245,000 quarters last year. Without reckoning
the supplies furnished ex-granary at the commencement of the
the rate of
;
scarcely likely that the value of
season,
higher point. Business requires but little accommodation, and
consequently floating balances are large and bankere experience
The savings of the country durdifficulty in employing them.
ing the present agricultural year will be considerable but
doubts are entertained respecting an active autumn trade. We
have been doing a large business of late, certainly for a period
of twelve months ; and as trade is conducted with greater judgment and caution than in past years, merchants begin to think
that a pause is not undesirable, as large amounts of goods have
to be consumed in our colonies before further shipments can be
and
;
The following
safely made.
money
:
Per
Bank
cent.
Sia
rato
Open-marlvet
ratflS
30 ami 00 days' biUs
3 raoiitUs' bills
2
2
32'^
are the present quotations for
Per mil.
Open-marlcet rates —
2^8*214
4 months* bank bills
238*2'-j
6 mouths' bank bills
bill^.
2^wZ
months'
trade
4&6
The rates of interest allowed by the joint-stock bank? and
discount houses for deposits are subjoined
Per cent.
Joint-stock banks
estimated that the following quantities of wheat
have been placed upon the British markets since
The visible supply in the United States is also given
it is
flour
harvest.
:
1880.
Imports of wheat. cwt. 7,540.094
Imports of Qour
854,966
Sales
of
1^4
The following statement shows the present position of the
Bank of England, the Bank rate of discount, the price of Conthe average quotation for English wheat, the price of
middling upland cotton, of No. 49 mule twist, fair second
quality, and the Bankers' Clearing House return, compared
with the three previous years:
produce
Circulation,
m% Kank
1879.
£
*
excluil-
1873.
Public deposits
27.624,530
G,H29,8U1
Other deposits
21,469,2.'J1
1877.
£
s.
27.725,940 26,592.030 27,393,950
6.003,013
4,071,065
5,274.794
31,179.076 20,037,459 21,730,577
Oovcrum'tspcurities. 1'>,377,8>1 16.3;i6,224 13,754,031 14,121,093
Other securities
17.575,975 17.32(i,3l7 17,333,054 19,532.952
Ees'veotnotcs & coin 16,699,077 2'2,374,5i7 12,251,265 11,995,257
Coin and bullion In
both departments.. 23,323,607 35,100,527 23,816,315 21239,207
Proportion of assets
to liabilities
53-23
Bahk rate
2 p. c.
5 p. c.
2'a p.c.
3 p. c.
Consols
95i58
97^
97%
94%
Enj. wheat, av. price
333. lid.
47s. 4d.
43s. 2d.
57s. 6d.
Mid. Upland cotton ..
71184.
6381.
«"i«(l.
63,8
Ko. 40-tnule yarn
10i«d.
Dial.
91a
CleariUK-House ret'u. 111,139,000 69,752,000 71,120,000 71,517,000
po.-it bills.
The amount
of business doing in gold for export has not been
sufficiently extensive to attract much attention. About £170,-
000 has been withdrawn from the Bank for export but some
purchases have been made in the open market for shipment to
New York. The silver market has remained dull, and prices
;
h^ve further declined
;
to restricted supplies,
is
but the value of Mexican dollars, owing
almost nominal. The following prices
of bullion are from Messrs. Pixley & Abell's circular
:
GOLD.
s.
d.
d.
Bar gold, flne
Bar j^old, containing 20 dwts.
peroz. standard. 77 9 a
silver, per oz. standard. 77 loiaa
Spanish doubloons
per oz. 74
South AniBrlciin doubloons
!per oz! 73 9 a
United States gold coin
peroz. 76 313a
German sold Coin
per oz. 70 314s
SILVEK.
d.
Bar silver, flno
per oz. standard, nearest 52i8 ^
Barsilyor.coutain'gSgrs. gold. .peroz. standard, nearest 52ia ®
Cakcsilver.
peroz. 58^ ®
Mexican dollars
peroz. oli« ® ....
ChjUan dollars
peroz.
..
a
Quicksilver, «7 Os. Od.
Discount, 3 per cent.
The following are the current rates of discount at the principal foreign centres:
'
.
_
_,
^arts..
Amsterdam.
Brussels
Berlin
Hamburg
Frankfort
Bank
Open
Sank
rate.
market.
Open
rate.
Pr. ct.
21a
3
31a
51^
51a
5i«
market.
Pr. el.
238
Pr.ct.
Vienna
4
Bt. PetorsbiirK ...
4
A
2\ji3
2«a
5
5
5
Genoa
Soueva
Madrid, Cadiz &
Barcelona
Lisbon cSi Oporto.
31a
Copenhagen
New York
6
Calcutta
loan for Victoria (Australia) to the
Pr.
et.
4
4
3I2
4
5
5>4
31a
5H
S^a a 4
31a
5®5i3
4
amount
of £2,000,0D0
being the balance of an authorized issue of £5,000,000, has
been
announced during the week. It will be in amounts of £100,
£500 and £1,000 each, and the debentures will bear interest
at
1878.
4,032,585
6,522,303
720,712
1877
417,646
3,702,959
4 43,534
1,726,600
1,060,600
3,499,700
2,817,000
10,121,660
or
99,423
8,303,620
7,949,931
6,963,493
132,463
213,013
154,515
Result
10,221,088
Av'ge price of Euillsh
wheat forseason(qr.)
42s. 4d.
Visible supply of wheat
intheU. S
bush. 14,200,000
8,171,157
7,736,318
6,808,978
Total
Deduct
exports
wheat and
flour
478. lOd.
17,380,030
44s. 9d.
59.5. 9,1.
12,589,391
,502,163
The following return shows the extent of our imports and
exports of cereal produce into and from the United
Kingdom
during the first four weeks of the season, compared with the
carresponding period in the three previous seasons:
lUrOKTS.
1880.
1879.
6,522,303
cwt. 7,340,094
617,814
626.079
1,122,198
1,303,060
42,945
64,743
101,447
115,902
1,850,156
4,311,876
720,712
854,966
Wheat
Barley
Oats.:
Peas
Beans
Indian corn
Flour
sols,
1880.
1879
home-grown
:
I)iscount bouses at call
with 7 or 14 davs' notice
Do
XXXL
[Vot.
1873.
4,032,585
793,571
609,8.50
141.(J06
130.073
3,028.159
417,610
1877.
3,702,959
031,205
1,261,376
03.707
353,705
2,050,438
443,534
3BT8.
cwt.
Wheat
Barley
Oats..
Peas
Beans
Indian
Flour
The
com
85,829
117.581
1.032
5,101
7,272
3,861
920
903
205,832
5,006
1,950
151,090
6,438
7,110
1,825
9,713
1,031
1,488
312
815
18.074
13,599
182,507
14.902
13,640
7.731
13,073
3,419
public sales of colonial wool were brought to a conclusion
Messrs. Hoare & Hudson write as follows with
this evening.
regard to the sale
" The third series of sales for the year, which commenced on
August 17th, was brought to a close this day. The following
are the quantities catalogued, held over and withdrawn, viz.:
neid
:
Catalogued.
Svdney and Queensland
bales.
Victoria
South Australia
Swan Uiver
84,327
51,350
14,373
over, about.
6,000
8,000
750
721
14,874
84,122
41,896
1,791
Tasm.inia
NewZoilaad
Cape
FalkUnd Islands
'
'25b
10,000
10,000
33,000
Sundries
293,456
2 262
Total
295,718
.
" On the opening night we reported a decline of }^i. to Id. per
lb. on all descriptions, compared with the closing or lowest rates
but on the second day a decidedly better tone
of last series
was evinced— combing sorts gradually improved and were soon
on a par with June closing rates, the result of keen competition
and large purchases on account of Continental buyers, who
throughout were the chief support of the market. Home buyers, whose business has been for some months, and is still, in a
very unsatisfactory position machinery to a great extent being
only partially employed, operated sparingly for some weeks,
and, although orders became more plentiful towards the close
of the series, the quantity taken on their account is below an
;
—
average at this season.
" The better classes of shafty merino combing, scoured, fleece
and greasy, and flne crossbreds were in good demand, and
oeoasionally sold at an advance on June sales -coarse crossbredt,
in sympathy with English wools, remained steady until about
the middle of the series at about }id. to Id. per lb. decline, but
eventually sold freely at June rates. All crossbreds were materially affected by the exceptionally strong demand on Continental
account. Faulty and superfine clothing sorts met with indifferent competition throughout the whole series, at prices barely
on an average with previous sales' closing quotations. Capes
sold freely at all times the decline noticed the first day being
quickly recovered, and with slight variation they remained
steady to the close. Lambs sold at low prices throughout.
" It is estimated that 150,000 bales were taken for export. The
fourth and last series for the year is fixed to commence on
November 23rd, when about 120,000 to 125,000 bales, including
about 50,000 capes, are likely to be offered."
—
1
OCTOBEH
THE CHRONICLK
9, 1880.J
Enzliah Market Ueporls— Per Cable.
ExporU.
Tear.
daily closing quotations in the markets of London and
Liverpool for the past week, as reported by cable, are shown in
the following? summary:
The
—
London Money and Stock Market. The bullion in the Bank
of Eng'land has dnereased £783,000 during the week. Thn
reserve of tlie Bank of France during the same time decreased
35,471,000 francs in gold and 156,850,000 francs in silver.
Wed.
TImra.
Mon. Titet.
Fri.
5(1/.
375
Importa.
Tear.
1880
1879
1878
1877
$5,91.S,273 iS34.11«.22.'5 1873
12,670.881 41.2()!).2!(3 1874
10.0(i3.012 15,442,7.'>8 1873
23.774,719 11.778.24!) 1872
187(1
40.490.1!.%;)
5.933.0)1
BxporU.
Imporl8.
$63,808,317 $10,222,080
43,503,430
5,000,039
43.405.71
9,061,206
00.233.083
4,004 302
30.717.837
8,311.267
1871
—Messrs. Winslow, Lanier & Co. are now offering the fortyyear first mortgage six per cent gold bonds of the Cedar Rapids
Iowa Falls & Northwestern Railway Comiiany. The road extends from Holland, Iowa, on the Pacific Division of the BarOct.
Oct.
Oct.
Oct.
Oct.
Ocl.
lington Cedar Rapids & Northern Railway Company, in a north7.
8.
5.
0.
4.
2.
westerly direction through Iowa Falls to Clarion, Iowa, a Uis52Kt
,V2'4
.%ii>4
52'4
52H
Sllvor, por 01
d. 52\
I)7<:ii8
971^18 U7'»i« 9715i8 97l5,g 97if>,„
Consol.t foriuonoy....
tance of about fifty-five miles, all under construction and to be
0715, g 9715,^
9S'e
Q'^'a
CoiisoUfop.vccimut.... 9713,8 93iia
completed and in operation early in December the issue of the
lO.^s^
lO.'jai
105=8
10358
10.5:U
10.-)V
U. 8. .'j.sof 18S1
bonds is limited to $15,000 per mile. Nearly the entire capital
Ul^U llia^ \12^„
112
112
112
U. 8. 4i2.ior 1S91
lioai
stock of the company is owned by the Builington Cedair
111
111
I10«i
llUrt
Ill
U. 8. 48<>f 1907
4 Ha
4058
4058
Erie, common slock
H's
403i
40-'rt
Rapids & Northern Railway Company, which lease.s the road
ll.l'fl
ll.'iUi
115»»
....
lieMj
116
IlUuoia C.mtrnl
for the term of its chartered existence, and guarantees the
OOi^
6058
60>3
Peiiiisvlvniiia
61
payment of the principal and interest of each bond by a
l«ia
IS^a
Phil:i<l(^ll>liiivA Ro.adiiiK. 1514
351*
-..
I3514
135
....
rjk\ special indorsement. The bonds are offered at par and interest,
laS
Mew York Central
135Hi
while the five per cent bonds of the Burlington Cedar Itapids
Liverpool Breadstuffs and Provisions Markets.
& Northern Railway Company are now selling at 95.
Wed.
Thum. FiH.
Mon.
Taes.
Sat.
8.
d.
d.
8.
d.
8.
8.
d.
8.
d.
a.
d.
-Attention is called to the notice of the N. Y. & New Jersey
12 6
12
Flonr (ox. State). 100 lb.l2 6
12 6
12 6
12
91 93 Riparian Land & Dock Improvement Co. in our advertising
IVlieat, No. 1, wU.
8 11
8 11
"8 11
8 11
9 1
SiiriiiK, No. 2...
8 10
8 10
8 11
columns. This company is now offering to the public a limitea
"
8 11
9
2
WinUu-,Wc8t.,n.
8 10
8 10
8 11
portion of its working capital. It has been organized to con"
8 11
8 11
Cal. white
8 10
8 10
8 11
9
"
Coru,muod,\Ve8t.
5 0>a 5 OHi 5
5 OJ3 struct docks, wharves, piers and warehouses for the storage of
4 11>2 5
coal, oil and general merchandise.
Pork, West. mi»H..¥''bl.72
72
72
72
70
70
It will have a dock front43
43
43
43
43 O
Bacon. loHK clear, ewt.. 43
ago of 4,000 feet, besides solid land front for railroad depot", as
02 6
62 6 62 6 02 6 02 6
Beef, pr. mess. If tierce. (iJ
it is situated in the limits of the city of Bayonne and is accessible
42
42 6 43 6 44
Lard.primoWcst. ^cwt.l2 O 41 6
on the Jersey side of the North River. The entire capital is
65
Cheese. Am. choice
04
05
65
65
$2,000,000, (livided into shares of $25 each. The following wellLiverpool
Jfiiris^.— See .special report on cotton.
known and influential gentlemen are officers of the company!
President, Biisha W. Andrews; Vice-Presidents, Grenville M.
t£/ammcTcc'ml miCil^isctUmxtaxis H^cxus. Dodge, Anson G. McCook; Treasurer, Thomas L. James; Secretary, John N. Abbott.
.
;
—
—
90
'•
90
"010
OMm
—
Ch.^nges in National B.\nk OFFicEEa. The following changes
have been made in the ofBeers of ational banks
:
Attica Natlmml Bank. Attica, N. Y. -J, H. Karcher, Acting Cashier durIns al)scnce of Ctishier.
National Union Hank of Fall River, Mass.—Daniel Wilbur, President, in
place of C. Rordcn.
Black Klver National Bank of Lowvitle, N. Y.— Charles P. Leonard,
President, in place of l)c Witt C. West.
Bundy National Bank of New Castle, Ind.—John C. Swezcy, Cashier, in
place of L. E. Biindy.
First National liank of Nortliampton, Mass.— Frederick N. Knccland,
Cashier, in place of H. Robert.s.
First National Bank of Owego, N. Y.— Orin Truman, Cashier, in place of
J. B. Brush.
First National Bank of Wllkesbarre, Pa.—James L. McLean, Acting
Cashier during illness of Cashier.
Wyomiiig National Bank of Wllkesbarre, Pa.— Charles Dorrancc, Jr.,
Casiiler, in place of L. W. Jones.
—
Imports and E.kport8 foe the Week. The imports of last
week, compared with those of the preceding week, show
a decrease in both dry goods and general merchandise.
The total imports were |6,318,3J9, against 17,503,779 the preceding week and $12,797,557 two weeks previous. The exports
for the week ended Oct. 5 amounted" to .'5>8,247,529, against
?9.131,409 last week and .$8,723,104 two weeks previous. The
following are the imports at New York for the week ending
(for dry goods) Sept. 30 and for the week en(iing (for general
merchandise) Oct. 1:
rOBEIOK IMPOKT8 AT NEW TORK FOR THE WEEK.
„
Dry
4,351,0S>0
1878.
$1,274,809
5,919,093
$2,214,144
5,007,514
$5,729,709
249,400.542
$7,191,502
214,713.878
$7,311,058
239.934,122
1877.
$1,378,079
^
,
Goods
General mdse...
Total week
Prev reported
.
.
.
1879.
$0,318,339
374.110.07a
The
is a statement of the exports (exclusive of
from the port of New York to foreign ports for the
folio A-ing
week ending October
5:
EXPORTS FROM
1877.
$0,373,039
Prev. reported.. 209,561.156
„ the
,,
For
week....
,
.
;
1878.
$7,183,507
261.414.403
Exports from
1879.
$9,420,592
231.873,907
Xew
York.
Silver.
$96,400
Oermanv
West Indies
Mexico
South America
All other countries..
Review for October contains the third
and concluding article on the Law of Collateral Securities by
Mr. Leonard A. Jones of the Boston Bar. The pledge of stock,
and the pledge of negotiable paper, have been treated of in
former numbers. The present article discusses the remedies
for enforcing negotiable collaterals.
—
Three million of dollars have now been paid in dividends
by the Ontario Silver Mining Company, which announces its
usual payment for September at the office of Wells, Fargo ft
Co., on the 15th inst. Transfers close on the 9th.
Savannah & Memphis Railroad bondholders who have not
—
proved their bonds in the foreclosure proceedings are invited to
correspond with Messrs. Renfro Brothers, Opelika, Ala.
BANE ISC AND FhMNClAL
OFFICE OF
FISK.
No. 5 Xass.vu Stkekt,
&.
HATOB,
New York,
We are receiving so many letters of
Oct
9,
inquiry as to the
1880.
terms on which
we
receive deposit accounts of Banks, Bankers, Business Firms and
individuals, that we find it necessary, in order to save elorioal labor la
replying to each separately in manuscript, to Ijsuo this circular for the
general information of those who may desire to open accounts with a
private banking bouse in this city.
We are prepared, on the terms mentioned below, to
receive the accounts
1.
good standing:
Except in the case of Banks, Savings Banks, or other well-known
Coruorations, or of individuals or Arms wbose character and sL-kad-
2.
Ing are already known to us, wo require satisfactory reference
before opening an account.
Wo allow interest at the rate of 3 per cent per annum on the average
monthly bitlancos, when the same amotmt to $1,000 or over. On
accounts averaging less than $1,000 for the month wo allow no
3.
We render accounts current, and
1830.
$8,247,529
307,449,992
interest.
Imports at Neu; York.
aold.
$105,401
907,100
2.140.100
Silver.
4.
$12,166
1,297
"o.i6i
"2,906
""'Hi
$96,400
.$3,216,858
|2,15I,023 gold and .?3,762,250 .silver, and the import of
f 30,218,544 gold and $3,897,681 silver. The total exports and
imports of specie at New York in the present and several previous years have been as follows:
of each
;
line of business.
$18,550
Of the above imports $2,007 were American gold coin and
f 17,994 silver coin.
The movement from January 1 to date includes the export of
credit interest as above, on the last
month.
For parties keeping regular deposit accounts with us we collect and
credit United Stiites. Railroad, and other Coupons and Dividends
payable in this city without charge make careful inquiries and
give the best information wo can obtain respecting investments or
other matters of financial interest to them, and in general serve
their interests in any way In which we can be of use to tliem In onr
day
3,
Total
$1,600,000.
—The American Law
EXPORTS AND IMPORTS OF SPECIE AT NEW TQRK.
The following table shows the exports and imports of specie
at the port of New York for the week ending Oct. 2.
aold.
Hong Kong &
of responsible parties in
NEW TOEK FOE THE WEEK.
JfOtals'ce Jan. l.$215,93 1,793 $203,037,972 $201,291,789 $315,097,521
Great Britain
France
thirtieth half-yearly, report of the
reserve fund, and the balance of $23,325 is carried forward.
capital of this company is $5,000,000 and the reserve fund
The
now
1880.
$1,705,132
4,013.227
Total g'ce Jan. l.t'iio. 130.311 $221,908,380 $247,295,780 $380,438,431
In our report of the dry goods trade will be found the imports
of dry goods for one week later.
specie)
—The
Shanghai Banking Corporation for the six months ending June
30, 1880, has just) been received by Mr. A. M. Townsend of 59 Wall
Street, the agent in New York. The actual net profits of the
half-year, including $25,451 brought forward, and deducting
every possible charge, were $345,547; of this amount a dividend
£1 5s. per share absorbs $222,222 $100,000 is carried to the
6.
We do not discount or buy commercial
paper, but are at all times prepared to make advances to customers and corresirondenta on United
States bonds or other first-class and marketable securities.
All deposits are subject to check at sight without notice.
One of our firm is a member of the New York Stock Exchange, and we
give particular attention to orders by mail, telegraph, or in porsoii. for
the purchase or sale, on commiRslon. of Invostmcut bonds and Stocks.
W« continue to buy and sell direct, without oomraission. nil issues and
denominations of United Staies Bonds, for immediate delivery, at curFISK & IIATCH.
rent market rates.
Very re»i)ectfully,
:
.-.,.
IHE
376
(.^HRUJV1(M.K.
The
~~~^^
""~'~~^ATIOflAI. BANKS.
in
Information in regard (o National Banks organized and changes
" Commercial and Miscellateill hereafUr be found und^
neous News," on a preceding page.
DITIDBNDS.
The followtaii dlTldends 1ibt6 recently been aunounoed
Name
Per
of Oompan)).
Cent.
jni*n
Payable.
Railroads.
Boston
&
N. B. prcf..
new
stock Bnly).
Clin. Fitch.
Loolsvllle
A NashvUlo
Mlseouri Pac.
(in
(In
$2 50 Oct.
stock).
100 Deo.
Oct.
Portsmouth & Dover
Kalc)t;li <*£ Gaston
Vermont
cSe
On dem.
3
Oct.
Oct.
$3
MassachtiBetts
Insurance.
Oet.
FBIDAY, OCT.
Books Closed.
(Daiys inelusite.)
15 Oct. 8 to Oct. 17.
1 Not. 14 to Not. 30.
15 Oct 11 to Oct. 15.
I's
North Biver
1880—
fi
The
political
campaign
is
becoming more engrossing,
conceded that a very decided victory for one party or
the other in the Ohio and Indiana elections of next Tuesday
would virtuaJly settle the question of the Presidential election.
Government bonds hold their own at the decline. The railroad
earnings for September, as reported at length on another page,
present a very strong exhibit. The declaration of another 100
per cent scrip dividend this time by the Louisville & Na-shTiUe Kailroad—is a fresh sensation, and these dividends are
calculated, in time, to awaken a new granger agitation, with a
demand for lower freight rates. The imports of specie keep up
pretty well ; the total import from August 1 to Oct. 2 was
|28,388,'^57, against $38,098,017 in the same period of 1879.
The money market has been very easy, and opinions are
much divided as to the probability of any stringency in rates
during this year. Some contend that if the import of specie
should fall off, rates for money would rise immediately, and in
support of this idea the low reserve of the banks is pointed to,
and the notable fact which has been so conspicuous for a year
that currency of all sorts flowing out of the banks in our
Ct,tern
cities does not speedily come back again.
This is
greatly accounted for by the increased demand for money
among laborers and others in those parts of the country where
there are few banks, and where money is kept and hoarded by
small holders. Thus the demand from the prosperous farm
laborers of the South and West, from the miners in the remote
districts of the States and Territories, and from the railroad
builders far west of the Mississippi and Missouri rivers, is sufficient to account for a good part of this semi-permanent demand
—
for currency.
money market continues quite easy, and call loans
2@3 per cent, according to the collaterals. Prime
local
are quoted at
commercial paper
sells at 5(§)5^ per cent.
of England statement on Thursday showed a decrease of £783,000 in specie for the week, and the reserve was
down to 45 per cent of liabilities, against 50M last week ; the
discount rate is unchanged at 2?^ per cent. The Bank of
France lost 25,471,000 francs gold and 56,650,000 francs silver.
The last statement of the New York City Clearing House
banks, issued October 2, showed a decrease of $243,325 in the
surplus over legal reserve, the total surplus being $4,399,750,
against $4,643,075 the previous week.
The following table shows the changes from the previous week
and a comparison with the two preceding years.
The Bank
1880.
Oct.
2.
Differ'nces fr'm
1879.
1878.
previous week.
Oct.i.
Oct. 5.
Loans and dis. $309,323,,600 Doo. $880,400 $266,364,300 $247,881,900
Bpeoie
QrcvUation
,.
Kot deposits
.
Iiegul tenders.
Liegal reserve.
Beserve held.
lorplM
65.256,,300
18.636,,700
295.611,,400
13,046, 300
Inc.
Dec.
Inc.
Deo.
108,700
245,800
804,500
150,900
20,149,100
21,932,400
231,920,700
38,093,500
17,599.700
19,577,500
214,103.400
43,362,200
$73,902, 850 Inc.
78,302, 600 Dec.
$201,125
42,200
$57,980,175
58,242,600
$53,525,850
60,961,900
$262,425
$7,436,050
$4,399,750 Dec.
$243,325
United States Bonds._aovemment
securities have been
irregular in tone, but have held their prices at or
near the
aecline of last week. It was rumored at one time
that Mr
Vanderbilt was a seller, but this is probably without any
foundation, and his bankers were rather buyers than
sellers at the
lower pnces
At the Treasury purchase on Wednesday, the
otters to sell bonds amounted to
$5,366,350, of which $2,500 000
7f>o''l**2!?i''A.'°''^"<^'°8 $1,493,350 5s of 1881, at 102-58 to
*' lM-35@104-56 and $140,000 6s of
ifiBo*at
K ^SJ'^B.^l'^l'^^^^'
looO,
lU2'd5©102'o6.
_
107 !«
125
125
125
125
125
our'cy,
our'cy,
enr'cy,
onr'oy,
cnr'oy,
This
is
Oct.
5.
Oct.
6.
Oct.
7.
Oct.
8.
*102i4'•10214 •102%
"
•10214 •102
14 •10214
•104%'IO414 104i«
•101%''IO4I4 •104%
•IOII4''101^ •101%
"IO213 10258 •10208
108% 108%"'108>s •IO8I4
•108% lOSk'•lOSia •IO8I4
107% 107 14 10714 '107 le
107'4 107 14 10714 -107 Is
•125
125 •125 •125
*125 •125 •125 •125
•125
125 •125 •125
*125
125 •125 •125
*125
125 125 *125ia
the price bid at the morning Board
;
January
1,
of each class of bonds outstanding Oct.
1,
in prices since
Bange
— The
it is
Our
48,1907..
P. H.
Stock Exchange markets continue to show much Irregularity,
and the general appearance of affairs in financial circles confirms
our previous reports that the present tone is one of hesitation.
The current of feeling at the moment is the influence which
most affects the markets, and if a large majority of bankers
and brokers and their customers unite at one time in thinking
that there is an element of uncertainty in the near future which
renders heavy operations inadvisable, this in itself is sufficient
What the events of the
to put a check on transactions.
future may actually turn out to be has little to do with the
subject ; the spirit of inaction sets in as the policy for the
time being.
There has been little change this week in the g'eneral outlook.
108%
108%
107%
The range
11 Oct. 1 to Oct. 10.
8t
*fl», 1891
4l«B, 1891
is, 1907..
68,
6s,
6s,
68,
68,
Board have been as follows:
Oct.
4.
•10214 •102 14
102 14 "IO214
10414 •10414
•IO414
101% 'IOII4
*102i2 «102»2
1880..
68,1880..
6e, 1881..
6«, 1881..
5s, 1881..
58,1881..
es,
'
J
7
The Mooer market and Financial Wtnatlon.
and
New Tork
closing prices at the
Oct.
2.
their officers
XXXI
[vol
1880.. ..cp. 101 Si July 27
9
op. 103 % July
1021a Sept. 28
106% Jan. 2
103 Jan.
2
6g.enr'noy.reg 125 Apr. 21
68,
68,1881
88, 1881. ...op.
4'«8, 1891..0P.
4b, 1907.... cp.
104 '8
Oet. 1,
May 20
125
125
125
125
125
1880.
Coupon.
Registered.
$11,020,000
158,194,050
299,041,050
173,743,400
532,562,100
64,623,512
IO718 May 26
104i« Apr. 28
111% Aug. 2
110% Sept. 3
130 Sept. 9
101%
10258
IO8I4
10814
10714
IO714
1880, and the amount
1880, were as follows :
Amount
Highest.
1041a
1041a
no sale was made.
since Jan. 1, 1880.
Lowest.
102%
102%
$2,586,000
50,306,550
175,490,500
76,2.56,600
205,701,850
—
Ballroad and miscellaneons Stocks,
The stock market
has been rather unsettled, showing at times much strength and
even buoyancy, and again sagging oflf to lower figures. Among
the leading classes of speculative stocks, those of the two great
roads of the Northwest have been conspicuous for strength,
and the Gould stocks Union Pacific and Wabash have been
among those which declined most easily on each relapse in the
market. The railroad earnings for September, as reported so
fully on another page, are all that could be desired.
Louisville and Nashville stock has fluctuated moderately on
the declaration of the 100 per cent stock dividend and closes at
157/^@160. The Manhattan elevated stock has tieen very
strong in face of the disagreement about consolidation and the
fact tnat the company had a deficit in the year ending Sept.
But there has been very strong buying
30, 1880, of $478,750.
by able parties and the theory is held that they may intend to
control the company and carry its guarantees ifor the sake of
future profits. The elevated roads might possibly earn more
than their full charges in 1880-'81. The collapse in Sutro
—
—
Tunnel stock has been a surprise to holders, and recent manipulation is suspected. The reports about Philadelphia & Reading afi'airs are quite diverse, and some of them almost amusing
particularly that one which stated that the $17,000,000 of
floating debt would be taken up with preferred stock which
should come in for dividends after the present common stock.
This new sort of stock would probably be quoted at the Board
as " Philadelphia & Reading preferred-deferred."
The daily lughest and lowest prices have been as follows:
—
Saturday.
Oct.
Monday.
Oct.
8.
i.
Am.Dl8t.Tel,
41
691:
68«
74k 75k
73^ 73M
Cent. Pacific.
Ches. &Ohio.
Do
Do
Ist prf
8(1 prf..
7m
73Ji
19
Oct.
73«
•39H
5.
Wednesd.
Oct.
751^
7SM
735< 73M
41
•SDjJ
595^
-jiH
73^
73
78
S^
73«
19>a
1»5«
19
40
Atl.&Pac.Tel. '40Si
Canada South
Cent, of N.J.
Tuesday,
e.
Thursday,
Oct.
88
26
115
115
116
113^ 114
131%
!36>4
XaSM
138
111
pref. 110!^ u;
Do
Chlo.&N.W.. 105M 108 108
pref. 122J<I24>,s 121«
Do
138,,
m^ 93!^ 94 H
UOM llOJ* 110 1108^
94^ 92«
108« 10«M
108 109
125^1 126
1245i 124'., 128
1189^ 118« xl!7J< ITM
•35
•30
88
87!,,
36« S7M •35
37i,i
43425^ 43
43
43« 43
44J, 43
83
823^^ 831^ 83
82«
•70
•69
•70
71
70H 70)^ 7u!
18>s 18M
84M 84% 84^ 85jJ
895?
90}< BOJj
89J« 90«
70W 70U 'OH 70^
71
70S^ 70*1
38M 39
3SU
asii
38M 38Js
82'4
81M 82
81« 83M 8l«
81
(14
670
67
08?| 70
85>i 66!^
lis
•1125^118 112>i U2ii
U2iin2H
33
335« 325i 33
33>i 33^ 33
33M
108)^ 109JJ lOSJj
lOiH 109?^ lOH llOM
155
156^. 158
160
164H 157 164
34
33i*4
35H m}4 35
36Ji
C.R.I.iP.new 118^U83« 118>a 119
pref
Clev.C. C.&I.
Col.Chic.&I.C.
Del.&H.Canal
Del.l.ack.&W
DenverS K.G.
Han.* St. Jo..
Do
pref.
Hou«.&Tei.C.
Illinois Cent..
LalieErie&W.
Lake Shore...
Louisv.&Nash
Manhattan...
Mar. &C. 1st pf
Do 2d prf,
Mlch.Central
Mobile* Ohio.
M
\^
am
m
2«
9(% ami 9«H
Z'iU 22^ 22
35« 36M 85^4
81>a
N.T.C.&H. K, is6y
N.Y.L.B.&W, S9H
70
pref,
63!*
um
60
136J6 ISOJi
40!i 39^
70^
71
vm
22>,
37
64
pref.
Ohio Central. ....
Ohio & Miss...
pref. nsH
Do
Pacific Mail... 39«
am
405<
7:514
"
St.L.A.iT.U.
Do
pref.
8t.L.I.M.*So.
St.L.AS.Fran.
Do
Do
pref.
Ist prf.
52H
22^
siH
S3Ji
78
76
60
395^
71
W%
eiHi
so'
sik
21
21
40
71
23«
2TK 2TH
51« 52H
215<
76
42
39« 89«
H2
ui
61
99« 97«
22?<
38*(
11;
81
3&\i
.34
219<
94.%
78
78
41Js
30^^
39^
397^
71
22
71^
22^
28J»
29,%
52
22
81
61
131
"
30H
77" 78k
50H 515i
32
32
43^ 44
2\ii
S2
34K
42H
30«
29Ji
3i'
79
VtU.
79H
51%
i\% 49« |0« 50
33
34
33
43
43
74
43
43!^
mi
83
50^
S3H
43H
43
7oH
iw
159
IVs
Sutro Tunnel. •1«
•M 1« 1« 1!^
Union Pacific. 89
89J* 889^ 89« 88« 8S9<
87« 36M s~
Wab.St.L.&P. SOU 37
36^ 375< 38
6'+«:
98
69
38« 88V« 61
pref. 68
Do
67^i 69?«
»7« fl8M 97^ 99
West. Un.Tel. 98« van 97^
98>i 96^
* These are the prices bid and asked; no sale was made at the Board.
75
75
•'.i
751^
52
22M 83
83
75J4
42Ji
an
22
27^ 28
52W
335s
74l4
41>«
43
'31
13«M
SSH 3»a
195
29Ji
35«
lUMlUSl
131M 130« ISO^i liio^iisi
.
Do
ami 98
22« 22H 229<
369^ 38H 35M
111>S 112
Sf.Y.Ont.iW. 22« 22
23« 23
29
Northern Pac. 28H 2Sli 28
SRead'g
42M
n2H
Mor.& Essex.
Nash.Ch.&StL
NewCent.Coal
Panama
35
m%
am
,
Phil.
lt7H
(
?^
am
Mo.Kans.&T
Do
8.
41
60
745^
73Ji
19
111
108
Do
Oct.
•24
2B
2a^ 25^
20H 20^ •19« 20H 20W 20-
•24M 2«
& Alton. •114 11.1 115
Chic.Bur.A Q. 1345^ 1S9J4 138
Chic.M.ASt.P. »8H 98J4 93
Ch.St.P.M.&O
Fridatu
73
73H
Chic.
Oh.St.L.&N.O.
7.
75
50
3S«
1«
1
:
October
;
Total sales of leading stocks for the week ending Tharsdajr,
in prices for the year 1879 and from Jan. 1, 1880,
to date, were as follows:
Range for
8ale» of
Range since Jan. 1, 1880.
Year 1879.
and the range
Week,
Shares.
Central of N.
1.000
10B,:iO3
.1
Lowest.
May
May
40
45
Imw. High
Highest.
&
.'St.
P....
23
7414
9014
118
132
9319
114
109 14
1261a
Jan. 14
45 14
7Kia
Mar.
Aug.
331a
89 'h
8
73
Lowest price here
t
Ran)te froTu Sept. 23.
la
for
;
new
stock, gold for tlrst time
Kange from July 30.
1001,1
IIII9 134.,
34% 82 1»
74% 102%
4908
911a
76''8
108
119
5
1.501a
28
89i«
38
43
94
I314
411a
7018
34
79 1« 100%
116
281s
67 108
35
891a
35
72 14
73% 98
5% 33%
75ie 1041a
351a 83
112
139
49
2118
371a
tl6
7816
401a
(4414
63
7% 33%
10%
391a
123
182
13
56
53
3I9
418
601a
781a
9%
95
571a
.
*
88»8ll6
June
11.
State and Railroad Bonds—Among the State bonds Virginias are firmly held, and the bankers at Richmond think that
the readjustTs will not succeed in unsettling the debt. North
Carolina fours are quoted at 78@79.
The Tenne.ssee bonds, since the decision in favor of the railroad companies, have been weaker, and the old bonds are quoted
at 36@38 and new bonds at 31J^@32. Of the Louisiana consols
only a few bonds have been exchanged for new less than
$300,000 and in the suit before the Supreme Court of the
State a decision is expected in November,
Railroad bonds are in good demand as usual, and the investment inquiry at anything like moderate prices say 100 to 105
for 6 per cent bonds— runs far ahead of the supply. There
was quite an active movement in the Rome Watertown &
Ogdensburg first consolidated bonds, which advanced sharply,
and at the close to-day sold at 67.J6Messrs. A. H. MuUer & Son sold the following securities at
aactien
—
—
—
Shares.
.'Shares.
500 People's GasUght Co. of
Brooklyn
27ia
44 Brooklyn Gaslight Co
106
13 Metropolitan Ga.sllghtCo.133
300B'kIyu Citv KK..167%®168
50 Brooklyn GasliKbt Co ... IO8I3
40 Bank of Manhattan Co. 138
10 Frank. & Erapo. Fire Ins. 116
72 Lenox Ins
76
.
50
43
100
100
6
12
107 la
Tradesmen's Ins
Stuyvfsaut Ins
120
243
Broadway Bank
Pacitic Fire Ins...228ia®230
Paclflc Fire Ins
230
Broadway Bank
244
Bonds.
$1,000 Terro Haute
KR. 7s, due 1893
&
Ind.
II214
125
Exchange.—The market for foreign exchange continues dull
and only steady. The imports of specie still keep up, and this
week the Banks of England and France both show a large
decrease, though how much was for America is not reported.
To-day the leading drawers of sterling are selling at 4 81 for 60
days and 4 83/2 f<jr demand. Cable transfers are 4 83M@-1 84.
The following were the rates of domestic exchange on New
York at the undermentioned cities to-day Savannah, buying
%, selling ys@)i off; Charleston, buying %@7-16 discount,
selling par; New Orleans, commercial $2 discount, bank par
St. Louis, 75c. discount; Chicago, 50@60 discount; Boston, 40@
45 discount.
Qaotations for foreign exchange are as follows
50 United
States Ins
:
Railroad BarninK*
-Latest earnings reported
^Jan. 1 to tatett dalt.^
Week or Mo.
I880.
1880. '
1879.
1980.
1879.
Aia.Gt. Soiltheru. August
$38,701 (34.807 $390,993 $254,940
Albany dc Sasq.. August
128.346
02,3.53
80fl,142
eb0.9&0
Atob.Top.AS.Fe.Augiut.... 673.000 61«,76.5
Atl. iSi Ot.Went
June
368,450 301.'272 2,4'ii',668 l,ii84.40e
Atl. Mlsg. & Ohio. August
170.947 134.955 1,228,046
988.665
Atl.iScChar.Alr-L. August
65.011
51.955
5'.!3.887
433.893
nur.C.Kap.&No..4thwkScp.
50,032
51,130 1, 465,74-2 1.039,436
Cairo & St. Louis. 1st wkScpc
10,251
8.072
262.419
167.06S
Central Pitt«flc...Scpt(!ml)«r. 1, 957,000 1,649,429 14,186',7<10 12 52o'l27
Chcs.AOhlo
August .
2.59.110
215.695 1,7.56,H81 1.201.886
Chicago A Alton .4th wk Sep. 175,084
162,098 5,007,146 3,933,400
Chic. Burl.AQ.. .August. ...1,610,168 1,315..539 11,32.",.592 8,819.021
Chic. A East. ni..4tbwkScp.
31,126
21,341
910542
611.970
Chlo Mii.ASt. P.4thwk8cp. 397,000 332,076 8.721,000 6,560.873
Chlo. A Northw..8ciitcmlicr.l,957,951 1,716,400 13,910,229 11,317,
Cllio.8t.P.Min&0.4tlMVkScp.
44,230
40,106 1.079.551
835,108
Chic. A W. Mich Zd wk Sept.
19.958
15,229
563,071
426,835
Cin. Ham. A D...July
245,060 197.464
Cln.Sand. A Clov.l2dyB July
27,543
21,050
an. A Bpringf. ..4thwk8ep.
30,363
33,058
031,335
541.836
Clcv.Col.Cln.AI.4thwk8cp. 134,644 145,421 3.092,335 2.531.913
Clev. Mt. V. & Del 1st wk Sept
10,517
10,001
280,947
252.000
Dcl.A Il.Can.. Pa. Div .. Aug.
89,383
95,938
741,846
777,530
Denver A Klo Or 4tbwk8cp. 142,373
36.819 2,222,257
Den v.S.P'kA Pac. September. 127,532
95,532 1,494,876
46.5,419
Det. Lans. A No .3dwk Sept.
23,316
28,685
831,908
747,514
DCS M.A F.Dodge.Sd wk Sept.
9,160
5,179
214.936
163,995
DubuqucAS.City .3d wk Sept.
29.721
23,314
686,247
611,250
Eastern
August
302,389 264,601 1,915.440 1,628,426
Hint A Pere Mar.4th wkSep.
47,654
35,026 1,133,622
793,530
Gal. Har. A San A.J une
92,452
91,482
Grand Trunk. Wk. end. Oct. 2 226,508 210.317 7,7()6',6'85 6.4l6'.872
Gr't Westei-n.Wk.end.Scp. 24 115,545
98,692 3,396,289 3,045.139
Hannibal A St. Jo 4th wk Sop.
63,781
53,326 1,808.004 1,311,212
H.nust. A Texas C.August
289.330 232.123 1,977,892 1,621.644
Illinois Cen. (III.). September. 625.709
532.330 4,553,731 4,073,531
Do
(Iowa). September. 171,523
153,715 1.187,769 1,065,663
Indiana Bl. A W. ,2d wkScpt.
24.881
28.244
842.161
776,191
Int. A Gt. North. .4tbwkSep.
62,304
68.158 1,173.449 1,083,980
Iowa Central
.July
86,596
58,162
K. C. Ft. S.A Gulf .2d wk Sept.
756.012
20,583
17,871
559,216
Kans.C.Law. A So.2d wk .Sept.
18,374
9,842
488,08o
315,885
Lake ErleA Wcst.lid wk Sept.
24.825
15,652
I/inlsv. A Na8liv.4tbwkSep. 276.700
150,152 6,.516!547 4,018.964
Marq. H. A Ont'n.3 wksSept.
82,918
50,699
623,093
421,920
Memp. A Cbarl. ..4th wk.Sep.
22.438
9,837
752,677
533,692
Minn. A St. Louis. 3d wk Sept.
19,502
10,480
516,119
303,216
Mo. Kan.A Tcxa8.4tli wk Sep. 117.730 125.823 3,025.770 2.188,567
Mobile A Ohio
September. 179,191 161,253 1,463,350 1,234,470
Nashv. Ch.A St.L. August .... 169,326 142.183 1,345,623 1,113,659
N. Y. A Canada
August
45,183
428,110
276.397
55.617
N.Y.Cent.AHud. August. ...3,022,335 2.546,029 21,628.619 17,898,419
N. Y. L. Erie A W.July
1,580,978 1,273,533 10,672,040 8.938,625
N.Y.AN.Engrd.3dwkSept.
61,898
57,194
Northern
Central. August
2,475,661
453,923 316.716 3,120,01
"
"
Northern Paeitlc
.September. 332,810 270.893 1,708,059 1,383,577
Ogd. A I.. Champ. 4th wkSep.
14,923
13.318
Pad. A Eli/.abctlit. August ....
I84,il4
244.338
34,303
27,331
Pa<i. A Memphis Ist wk Sept
134,124
102.931
3 819
2,414
Pennsylvauia .... August .'. .3.723!355 2,982;718 26,607,070 21,179,682
Peoria Dec. A Ev.3d wkSept.
9,532
3,339
Philadel. A Erie.Auitust
347,532 275,907 2,431,030 1.871,011
Phlla. A Keadlng..\ugU8t
.1,331,813 1,462,280 11,004,113 9,460.170
Pitts. Titusv. & B.August
308,198
373,672
37,526
55,500
Ports.Ot F.ACon.Augu.st
19,275
22,391
950,523
Rensselaer A Sar. August
205,321 178.852 1.2i9,oii
712.487
St.LAJt.AT.H. ..4th WkSep.
39,067 1,027,307
42.355
370,070
448,040
Do
(brclis).3dwk.''ept.
15,150
16,150
St. L. Iron Mt.A 8 September.
661,400 591.076 4,278.410 3,255,653
St.L. A Stn Fran. 4th wkSep.
00,790 1,876,0.".5 1.027.373
86,023
3t.P.Minn.A.Man.4thwkSep.
83,000
70,400 2,214,330 1,831,785
8t.Paul A Dubith. August
.377,697
64,537
'41,092 1,035,346
78.5.936
St. Paul A S.aity. .4th wkSep.
58,801
205.529
232.820
Scioto Valley
4thwkSep,
8,968
8.719
930,680
South. Pao. of Cal. August
508,000 237,263 3^66,097
Tetiis A Pacific ..3d wk Sept.
61,641
62,773
892,765
rol.PeorlaA War.4thwkSep.
30,493 1,027.399
33,050
Onion Pacitlc....July
1,431,000
1,988,000
Wab. St. L. A Pao. 4th WkSep. 309.225 280,384 8.74l!398 6,6«8.02sl
504,692
699,303
Wisconsin Cent... August....
56,389
36,994
RostoB Ranks. The following are the totals of the Boston
banks for a series of weeks past
Prime bankers' sterling bills on Loudon. 4 80% 34 811a
Prime coiiinierclal
4 79iaa4 80
Doctuueuta ry commercial
47313347913
Paris (francs)
Amsterdam
5
(sruildcrs)
Frankfort (relclimarHs)
Bremen (riicbmarks)
y.
8.
^ab-Treaaurr
28%a5 23%
39%Si 39%
93%® 9418
93%a 94ie
.
.
. .
.
.
—
Loans.
I
141,8^1.900
~
1880.
June
'•
'•
"
Jolj
••
"
7.
-'
'
141.1711,800
140.837,rt00
14.
21.
28.
5.
12.
19.
141.S80.400
148.7«!l,100
144,Wl.rt(K)
145,2.'i8,100
145.51h.200
Ang.
145,79'.,.-)fl0
140,»55.8(K)
—TheSub-Treasury
following table
ceipts and paj^menta at the
the balances in the same, for each
Bept
5
Oct.
94ia<i>
94ia»
94%
94%
shows the
in this city,
a-s
rewell as
145,50H..500
Oot
Oold.
$
2...
4...
5...
6...
7...
8...
999.120
2,802.480
1,217,589
1,486,191
1,300,557
840,713
99
76
59
34
85
66
2.670,531
1,630,409
1,640,266
1,615,560
3,316,766
1,284,521
80
10
82
10
1
16
73.226.933 79
76,342.503 85
7«.068.32:j 94
75.303.162 12
73,542,078 29
73,174,231 45
Currency.
$
5.286,131
5,112.023
5,223,928
5,659,921
5,404.796
5,328,836
97
56
23
31
82
16
8,676,634 19 12,358,055 15
55,'220,800
54.579,400
54.020,300
55,688,100
50,002,800
55,228,800
5a.495.30O
56,069,800
Be,»12,800
88.381,800
59327,700
An. Oftar.
t
•
31,144,800
31.172.400
30,680.200
30,651,600
30,730 JMO
30.573.400
30.497.400
30.514.600
Be,670,;04
53.587387
83,650,068
54.328,137
65.016.483
M.228.399
5«,347,T74
5a.si«,ifl«
30,344300
80383384
29,640.100
e8.«lS337
8s.4r;,7n
88,I43.W«
48.801.8M
&3.20S.iW
30,496300
30.378.900
30,514,900
80,508,800
30,589,800
30,468.300
30,503.800
80,577.200
,
Loan*.
»
67.623238
1880.
67,338.982
67,512,597
14
21
" 28
JniT 8
12
" 19....
" 26....
Aug.
2....
9..
16....
.
"
"
"
23....
80....
67,nC.S.4(»
.
,
..
IS....
67.873,399
68,022.417
67.736.302
«7.444,«57
67.591.981
68.3.5H.368
.
..
..
..
Sept. 6....
30
Total.
CTreuloMon.
Deposits.*
'
'
54,125.300
54,175,300
5SJ*73.8aO
53.878.800
58,701,800
53.650.100
84.727.500
84.847,417
SS.28T.976
a737«.S31
83,060,700
Other than Government and banks, less Clearlng-House chocks.
Pblladelpbla BanHs.— Tlie totals ol tlie Philadelphia
are as follows
.
.
"
Balances.
Payments.
145,099,300
L. TentUrs.
Specie.
t
*
2,717,a00
6,202,800
^^
0.203,200
3,868300
3,698,700
6.116.900
3,978.200
6.078,800
6.308.(100
4,131.900
4,S77.R00
5,830,900
4,121.000
6.2.56,400
a.6<7,(KX)
4,124,200
6,:i65.200
4,093,500
3.547,100
(1,178.400
6.349,000
3,182,900
5,901.100
2,991,900
6.002.000
S, 123.600
2.94.5,!iOO
6,281.800
6,871,600
2,982,600
2,»t3,sao
7,082,300
',,615.000
2.962,800
2,878,800
8,338,400
•
•
Receipts.
U-<.06n.800
147,343.400
148,«27.900
147,259.200
146,749,-00
146,071.800
June 7
day of the past week:
.
.
4 83>4®4 84
4 82 ®4 821a
4 81 ®4 82
25%a5 23i9
39% a 40
.
.
Dematul,
Sixty Days.
8.
—
The Utest railroad earnings and the
from Jan. 1 to latest dateM 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.
totals
:
Oct.
377
.
1
9913 Jan. 2
7
!)41
Jan. 26
18.212 113 Juno 2
Sept. 30
129.051 66>aMay 25
99 May 10
Sept. 30
2,73."i
<lo jircf.
Do
Oct.
87'8 July 9
6
10>*,7(i5
Ohic. & Nortliw
104
Feb.
10
Sept. 4
pref.
,5,700
do
Do
3,480 100>a Juno 1 204 June 8
*CUJo. Rock l.APao..
7,0.i0
9'aMay II 23ieJan. 26
Ool. ChlcA' Ind.Cent.
60 May 25 8818 Sept. 9
7,108
Del. & HudMou Caim!
68 »s May 25 94 '8 Mar. 22
Del. Lack. & Western 120.090
2278 May 25 4418 Sept. 2
6.7.50
Hannibal dc St. Jo...
8,320 63^1 May 25 8«'8 Sept. 2
do pref.
Do
1,100 99 Ha Jan. 2 116i4Sopt. 7
nUooU Central
20i4May 11 38% Mar. 4
,5.330
Lake Erie d: Western
104,420 95 June 2 1 1 1 ig Mar. 4
Lake Shore
Louisville & Naxbv..
11,924 86>8Jan. 8 1641a Apr. 2
Manhattan
52,132 21 July 22 371a Mar. 16
34,730 75 May 17 98% Oct. 4
MlehlKitii Central
MtsHouri Kiin. &Tex.
47,670 2818 Mi»y 25 49I4J.1U. 27
1,703 100 May 24 11'.; la Sept. P
Morris cSi K.ssex
Mar. 5
8,800 47 "fl June 1 128
Na«hv.(;h;itt.&8t.L.
N.Y.Ueut.JcHud.Klv 11,6.53 122 May 11 137 Mar. 31
N.Y. Lake E.& West. 127,130 30 June 1 48^8 Feb. 2
do pref.
6,816 47 May 25 73 '8 Fob. 2
Do
1,710 20 May 11 36 Jan. 14
Northern Paoitlo
3938 May 24 60 Jan. 13
Do
.5,739
pref.
Ohio & Mississippi .. 20.325 23 May 25 4413 Mar. 6
Paclflc Mail
58,745 271a May 17 63 Mar. 8
168 Jan. 2 195 Sept. 7
Panama
Phlla. & Uendinjf....
33,000 1 314 July 2 72% Jan. 3
Feb. 17
8t.L.IronMt.&8outh.
26,542 3413 May 23 66
1,060 25i4May 11 48
Feb. 2
8t. L.it 8au Francisco
Do
pref.
850 33 May 11 6OI4 Mar. 8
300 GO May 11 831a Mar. 9
Do Ist pref.
Onion Pacific
18,593 80 May 11 97% Jan. 19
Wab. St. L. & Pacino 19.3T6 26ifl May 25 48 Jan. 27
Do
do pref. 79,8"0 51i4May 23 73I3 Aug. 5
Western UnloQ Tel.. 29,6.53 86% June 2 1161a Feb. 24
CliicaKO<& Alton
Clilc. Burl. & CJulncy
CUlo. Mil.
1
:
:
THE CHRONIOLK
9, 1880.]
Canada Southern...
..
.
..
..
*7....
Oct. 4....
..
,.
«9,148.0«0
69,501.147
69.067. 170
7n.2i4.008
70.563,876
70.782.0.54
70.627.677
70,804,827
L. Tenders.
Circulation.
57,672,685
57.674.977
87,479.281
88,074,381
12.087.538
18.085.896
12.093.084
12.219.634
47.734.7M
80331.205
12.'30tt.e6l
50.619.660
60,631.603
60,118.851
80.288,773
60.381.479
60.880.931
60.853.997
61.109.690
61.532.113
63.010.162
12,186.961
18 138.649
12.199.880
12.184.016
12.122.670
12.I38.tH2
12.161.925
12.1 4.T78
18.178.815
4a.8S3.a«
S4.664.AM
3»3e9.88t
*
*
17.867.324
18.359,308
18.196.787
19.120,748
19,679.613
20,088.806
20.878.774.
20.911,011
21.237301
20,666.346
20,216,899
10,625,220
19,755.665
19,352.411
30,678,935
21,300,239
21,8*1.988
21,463,516
bMkI
^
Deposits.
183a8.97«
54.68S.1';9
18.800380
64.420.lli
64,828.808
18.818.486
U,l«5,371
38.537.816
48,948.135
41.410.008
48304386
SM.lU130e
46,780.133
80.180.731
38304.T81
S:l.«)5304
36.143.138
36373.476
44.444,519
3U.I9e.'00
4X>653,&1S
.
.
..
.
Mew ¥or» CUT B»nli«—The
Avtrage amount of
Capital.
Bnnlit.
Net depl't
Lnan$ and
Leoal
SptcU.
Tmden. timn
diacottnta.
*
9.600.000
B.808.200
7.771.100
f
New York
2,000.000
2,000.000
Manhattan Co.
2,000,000
Merchants
7.6(18.000
2.000,000
Mechanics'
4,388.200
1.200,000
Union.
8,408.700
3,000,000
America
3,: 77.000
1,000,000
Phoenix
9,302..'i00
1,000.000
City
3,323.200
1.000,000
Tradesmen's
1.777,600
800,000
Fulton
13.108.000
300,000
Chemical
4,431.800
Merch'nts' Sxch. 1,000,000
4,180.500
Oallatin Natlon'l 1,000.000
1.440.000
300,000
Butchers'ADrov,
1,056.000
200,000
Mechanics' & Tr,
974.800
200.000
Greenwich
2.970.900
600,000
Leiither Man'f'rs
742.100
aoo.ooo
Beveiitli Ward...
3.S()4.I00
800,000
Stateof N.York.
American Kxch.. 5,000,0«0 15.3O5.(.0O
5,000,000 15.6l9.70O
Commerce
6,730,600
1.000,000
Broadway
3.915.000
Mercantile
1.000,000
2.497,11)0
422.700
Paclflo
4.910.H0O
Republic
1,500,000
3.411.900
450,000
Chatham
1.542.400
412..')00
People's
2.382,60C
700,000
North America..
8.252.400
1,000,000
Hanover
3.04L1,000
500.000
Irvtnu
3,000.000 12,708.000
Metropolitan
i.sae.Boo
600,000
Oltlsens'
2.288.500
Nassau
1,000,000
2.61B.0O0
500,000
Market
2.122.000
500,000
8t. Nicholas
3.378,000
500,000
Shoe & Leather..
Corn KxL-hange.. 1,000,000 4.00.6,600
6.00S.100
Continental
1,000,000
1.597,100
800.000
Oriental
3.3t2.000
400,000
Marine
Importers' & Tr.. 1,500.000 10,784,3(10
18.074.800
2.000,000
Park
876.300
500,000
Mech. nku. Ass'n
875.800
North Riycr
240,000
250,000
913,500
Bast River
Fourth National 3.200,000 17.152,300
».080,00<'
Central Nat
2,000,000
2,448,(.00
300,00(1
Second Nation'l.
4.(M7,500
Ninth National..
750,000
First National..
600,000 14.218.000
9.804,300
Third National
1,000,000
1.415,000
N. Y. Nat. Kxch
300,000
Bowery National
250.000
1.427.000
N.York County
200,000
1.327.100
Qerm'M Atneric'i]
2.468 000
750,000
Chase National..
800,000
3,409,SC.O
Filth Avenue
100,000
1,447,900
—
Total..
.
*
2.168.000
728.300
1.442. IOC
1,052.00(1
1,304,500
2,262.800
856,000
2,988,600
589,600
281.900
3.914.800
611,300
671.200
311,700
147,000
20.900
520.900
1S0.400
603.700
3.332.000
3,023.100
715.100
730.300
233.800
532.000
731.500
59.200
5;(.000
220.000
162.000
38.000
9.018.000
4.588 500
6.739.900
6,500.000
3.868,400
495,000
400
360,000
44,500
7,684,401.'
1,100
267,000
475.000
120.100
46.200
3,6i0,000
10,276,100
2,3p3.500
1.304,000
13,788.500
3.971 200
2,407.000
1.3 2.600
186.(KX)
1,106,0011
211.100
971,700
2,441.200
813.900
49,')00
120,300
332,')0(J
2 13.800
03.80(j
162.600
2,839400
2,>4.000
1911,000
176.000
114.100
200,000
12,493,000
10,613.100
4.807,900
3.B99.700
2.341.700
2,473.300
3.741.200
1.410.600
2.335.800
1,438,300
552 000
8.195.60(1
381,700
223,700
70.000
230.900
2,730,000
12,114,000
279.500
2'J7.600
81.00l>
8'.i8.000
133.700
85.000
111.000
73.000
162.800
285,2u0
143.000
398.700
314.300
2,113.100
2,25a.900
500.a00
527.300
108.31)0
201,300
10 1.500
2.9.11.000
395.000
788.000
414,000
1,44S,8(X>
39.100
770.000
5 616.500
4.843,000
148.SO0
49,300
110.800
3.825.000
412.000
1,413,200
a 098,800
2,398,500
148.400
sa.ooo
22.400
S7i!.400
102.800
298.000
888,400
23,200
238,400
86,400
408100
O.ilS'jO
2bO,000
798,3^0
642.700
706,900
242,300
180,000
2,700
478,900
38.500
585.000
449.000
1.2?l,100
897.800
178.800
Northern of New Hampshire
Norw Ich ft Worcester
UgdeuBb.ft L, Cbamplain ,,.
pref..
do
••
Old Colony
Portland 8«co ft Portsmouth
Piilliia Palace Car
800.000
423,000
4o,u00
267,OjO
3.900
444,000
446,30
430.000
1,741.5110
3,417.000
2.782,iO0
6,2bl,40(
1,573,700
3 823,000
23,372.300
80.180.90C
4.8tlU
^
70,00 J
180,000
1,093,300
45,0diJ
112,80(1
588.80('
1,000,500
679,400
18,6dT.90O
9.704.000
223,10)
810,i..oo
2.784.(j00
5.511.000
15.158,800
10,371 .800
1.07i.lOO
1.174.000
1.332 500
2.230.100
3 398 300
1,489,000
43,000
90,000
450,000
704.9JO
li87 IJO
223,1.J0
180,100
154,80ii
1,438,101,
The
deviations from returns of previous week are as follows
Ini-,.
{801.500
J^oans and discounts
Dec. »8a0,40O Net deposits
Worcester
1
The following
SpecU.
1880.
t
Feb. 21.... 200,001,200
••
28.... 293.545.600
Mar. 6.. ..297.135,300
••
13.... 297,236,900
" 20....291,4i7,400
" 27. .. .290,886,700
April 3 ...290,639,300
^'
10....38S.47O;9O0
" 17,... 284,230,800
•'
24.... 278,886,200
"
"
June
••
••
"
Jnly
•
"
Aoft.
'
"
"
Sept.
•
•
"
Oct.
150,900
t
59,887,200
67,4:3.300
58,035,000
57,927,900
55,440,100
54,77:1.800
15,805,500
14,168,000
12,130,400
11,652,400
11,556,100
11,272,500
10,847,500
11,935,900
13,868,000
13,432,100
17,014,000
17,237,100
19,229.300
21.669.600
22,547,400
al,934,800
22,221,300
22,081,300
21,715,800
20,684,600
19,624,800
20,915,400
20,351.200
20.631.300
17,113,900
16.312.000
15,254,200
15,3*5,500
14,541,400
13.918.200
13.517,700
13,197,200
13,018.300
SEOTTBTTIBS.
Tcpckalstni.7s
do
land grant 78
do
2d 7s
do
landlnc, 88..
Boston & Maine 78
jsustoD & Albany 7s
do
68
Boston & Loweins
do
6s
Boston ft Providence 7n
ft
ft
Mo., Iandirrant7a..
Uartford
lk.an,
ft
.
Erie 7s
city Ton. ft
do
do
Afjo. Clear.
*
705,314,114
723,419.835
89o,01J,025
82T,801,84i
748.481,801
644.453,987
771,01«,670
810,774,898
849,817.403
720.917,810
697,435,051
700.386.569
867.6:13,049
759,516.331
705,1)90.673
131
73V,531,533
616,148,241
607,558,981
711.472,517
452,751,881
6..>9,S36,
5>i0.481.032
62,i,9l6
274
583,340,082
644,309 987
531.1123 441
4.>i0,783
189
522,890 3,82
803,877 203
825,83') 183
823 375 655
573,^55801
705 398'706
115
8:«
W ., 7b,
STOCKS.
Atchison ft Topeka
Boston ft Albany
1503< 151
Boston ft Lowel'
90
Boston & .Maine
133X
I15l< Boston ft Providence
141
108^ Cheshire preferred
Cliie. Clinton Dub. ft Mlu....
104
81
Sandusky
Concord
Cln.
ft
Clev.
.......
Connecilcut River
Conn, ft Passuinpslc
,...
SSJj
ist
7s, Inc,
K. City Lawrence ft ?o. 4«... .'.'.'.
96
Kas.Oily. 8t.,Io,&(;. 8, IS.
114 1113
Utile U'k ft Ft. Sii:lth,*8,!at llrH»'lci2
.
Bid. Ask.
'
do
Kebr.Ss
Ex 108
do
Nebr.Ss
:o3
Conn, ft PasBumpsic. 7i-, 18», iii^f
Kastern, Mass., 4SS, new. ..
99).FItchborgKK., 68...
do
7«
Kort Scott & Gulf 7«.. ..
10.
17
91
140
69
Kastern ( MaBS.)
31
Kasteru (New Hampshire)... 8)
Fltcbburg
131
Fort Scott ft Gu;f, pr f
00
,K.C, Law.
70
31K
182
comnnn.
FrutherM.Ex.Rl SS
ft Fort Smith ...
53/,
ft
Lltiie lioclc
New York ft New Bug. is .. lOXlllOK MHuchester ft Lawrence
'UdensDurg ft Late Cii.hb.
I.Nashuatt Lowell
.
iV''
108
108«
do
118
119>, 120
67
do
do
do
do
5s, g'd, int.,reg. or cp
5b, cur.,reir
Ssi re,!., 1-82-1332
5b, new, reg..loDi-iyo;
reg„li77-'^
68,10-15,
112
127
do
108
105
43,T.irluu.^
90
4s, coup,, 1913.
SB, reg, ft cp„,
10
19W.
68,goid.reg... ...
io
7a,w't'rln,rg.
ilo 78,
itr.lmp.,
Camden
&C"
coup
.
9954
.••••
10
101.4
52
47
62^
'56«
54X
103
48
58
Norrlstown....
North Pennsylvania
Pennsylvania.......
!<5
'4S«
15^
Phlla'lelplila ft Erie
Head ng
leoji!
Philadelphia ft Trenton
Phila.Wllmlng. ft lialtlinore.
Pittsburg lltusv. ft Buff.....
5bH
im
:62
60
16
23
prei.
DuluthB.U.Cuin
00 p.ef
do
ft
..
pre!..
28
35
85
176
.
..
157
116
90
535i
Letilgh Navigation
3iH
34J»
33K,
SIX
60
Moma
ist m.,6s,iao2.
68. '83..
m- 6s, 'j7..
ft
Bound
Ur., Ist,
83
Wmaport.
do
Harrlsburg
I6tm.,78, oO.
58, perp, ..._..
let
mor»,
68, 1835, A. ftC.
.
in..guar.,'85,J&J
6s, 83.
jftJ
'85,
68, 1900, A.ftO.
68, gld, 1900, J.ftJ.
6a, l8t iB.,'90,M.ft 8.
Md. 6s, 1st m.,gr.,'90,J.ftJ.
do 1st m,, .890, J. ft J...
do 2(1 m., guar., J, ft J,,.,
do 2d m,,pref
do 2d m„gr. by W,Co,JftJ
do 6s, 3d in., guar., J.ftJ
ft
Cln.
7a, '92,
F,
ft
A
,
CINCINNAfl.
Cincinnati 6s, lung
115
iS, I90ii
mort.7B.
let
Connell8Vllle..5(i
2d, M, ft N
do
Ss, 3d, J, ft J
do
Union KR. Ist, guar., J. ft J,
Can. on endorsed.
do
7s, it7ii..
new 78 19ilO
do
Connecting 68, 1900-1901...
Chartlers Val., let m. 7s,C„190.
Delaware mort., 6s, varioua..
El.ft
Ohio
W, Va. 3d
Mar,
&
East Penn.
ft
RAILROAD BONDS.
.V.
Burlhigton Co. 6s, "97. 106
Catawlasa lst,7B, conv., ^i..
chat, m., lOs, '88 .. 1(9
do
Del.
Pittsburg
Cen, Ohio
2d m.
m.cur.
lif
f.
do
do
3J
2.1
115
lat pri f
o
2d prtf
do
"Waah. Branch. 100
do
Br..50
Parkerab'g
do
50
Northern Central
5i
Western .MarylanJ
5(
Central Ohio
.Northern Central 68,
..
Atl. 1st in 78. g., 1-93
ft
do
HI
c'ittsb.ft Connell8v,'i8,'96,JftJ
110
104
100
103
Camden ftAmboy 6s,coup,'iS
6a, coup., '89 110
do
115
mort. 6s, '89
do
do
do
UU
108
100
107
100
Balt.ftOhlo
pref,..
Belvldere Dela.
108>,
.
.S,
RAILIIOAD BONDS,
Allegheny Vai.^7S.10s,l896
7a, Ii..ext.,1910
do
Inc. 78, end., '94
do
Cam.
Maryland es, defense, J, ft J,,
68, exempt, 1687....
do
6s, 1890, quarterly,.
do
do
08, quarterly
Baltimore 6s, 1S8I, quanerly
do 68, ;8S6, J.ftJ
do 6b, 189'J, quarterly.
do 68,park,ls90,ti,— M.
do 68, 1893, M. 4 S
do 68,exempt,'^S,M,ft3
do 88, 1900, Ci —J
do 6s. 1902, J, ft J
do M", 19.6, new
Norfolk water, 88
RAILROAD STOCKS. Par.
ialt. ft
I60
do
Cam,
do
2d m. 6s, reg., ISO'. 71
do 68, boal&car,rg.,l9i:
do 78, boat&car.ig..i9..^
Susquehanna 68, coup., ;9.8.'
BALTIinORE.
7
Nesquehonlng Valley
do
SuBQuehanna
108J4
iS85.
Pennsylvania 6a.co-.iF.. :9iO.
Schuylk. Nav.lst in.6B.rg..'9'i
Little Schuylkill
pref
Pennsylvania...
BchuylKIll Navigation..,,
1('7
Uj
MorriB, boat loan, reg..
Lehigh Valley.,.
United N. J. Companies..
us
.
.
-
pref..
do
do
Bar P. Mt. Joy ft Lancaster.
Huntingdon ft Broad Top...
do Pr<='
do
West Chester cousol.
WestJeraey
ft
g,,*in
\i\i
.11. ,.,/H
.
do m.
conv.
g., rt t
J9,,
' '9'
'97...
do mort. gold,
do cons. in. 7s, rg., 191
,
BaBt Penasyivaula.
Elmlra ft WlUiamsport.......
ot.Paul
106
6s P. B..'9t>
Dela. lat 6a, rg.,'8( 80
Delaware Division 6s, cp., 78. 90
Lehigh Navlga. m.,6a, reiT,,*8^ 107
do mort. BK., rg ,'9". no
41M
new pret
Delaware ft Bound Brook..,.
Pulladeiplilaft
98
07
84
CANAL BONDS.
(Jo
JilnehlU
85
'-'.j>
do
prel
—
H6X
101
Warren ft F. 1st m. 7b, '96
West Cheater cona. 7a, '91
West Jersey 6p, deb,, coup. ,'8: 100
istm.6s, cp.,'96. 116
do
Ist m. 78, '99
do
do
con»,68, 1903 ...
Western Penn. KK. 6a,..-p.'.)ix
Chesan.
Atlantic.....
ft
do
no
CaiawlBsa
pref
do
119
106
Inc.&l.gr ,78 1915
do
UnlonftTIiusv. 1st m. 78, '9('.
United N.J. cona. ra.6a,'94.
reiE.,'iJ8-86,
Jersey68, reg. and coup...
exempt, rg. ft coup.
do
Camden County 6s, 00 ap
Camden City 6s, coupon
7b, reg, ft
is
84
-yra.Gen.ft ( orn'^,lKt,;6,liiii[,
.6s, g.. 1905
Texas ft rac, lat
cons. m..68,g.,190j
do
124^,
Allegheny County 5s, coup
illeghenyCIiyla.reK.....
do
ma
Phll.ftH.Coalftlron deb. 78,!<2
do
deb, 7b, cp8,oC
do mort,, 78, 1892-3
m
do 68,n.,r?.,1395&over
Delaware 6s, coupon
Harrlsburg City 68, coupon
BAILBOAD STOCKS.t
81
34
33
I
6s,ls-25,reg.,l3W-'?2
do 6s!inrPlane,'reg.,ia7»
FhtUdelpnla,5a ree. ..
68,old, reg
do
do 6s,n„rg.,prl,irto'9r'
Pittsburg
Ath.
,
Iri/p.
Phlla.Wllm.4Balt.68,'84 .. 108
Pltt8,Cln.&St. L. 7», con„190(
7n, reg.,19H
do
do
ShamokinV.ftPottsv.fs, 1901 112
Steubenv. 4 Ind. 1st, 68, 1884. 103
lat
m,
Stony Creek
7s i907...
115
Sunb. Uaz. * W.,l8t in„58,'25
101« Sunbury ft Erie at m, 7b, '97.
BTATB ANO CITY BONUS,
Penna.
nSH
Nashua
ft
.
m.6<g., 13)7...
do conv. 78, 1893*
do
78, coup, off, '93
28H
Chesapeake ft Delaware
Delawoie Division
past:
Old Colony. 7b
OM Colony, 88
Omaha ft 8, Western. 88 ..,.
Pueoloft Ark, Valley, 7s
112« 113
Kutland 69,l8l mort
96
Vermont « Canada, new 88..
Vemiootft Mass. UK., 68
BOSTOIV.
Borl.
weeks
Deposits, ClrcuUitloti.
t
t
271,001,000 21,282,200
271,012,800 21,174,000
271,483,400 21,002,100
270,381,000 20,967,100
284,538,200 20,875,800
260,340,500 20,995,200
230,306,800 20,981,800
236,287,800 20,987,000
253,519,800 20,843,000
248,898,700 20,612,800
252,572,200 20,846,200
258,323,000 20,572,900
201,075,900 20,49.S.400
253.326,700 20,304,000
282,762,600 20,23S,100
268,8,39,000 20,059,900
271,828.500 19,682,500
278,148,700 10,894,900
277,770,800 19,620,030
283,078.300 10,572,000
290,714,700 19,523,800
293,238,500 19,488,700
291,270,000 19,463,600
291.300,500 19,477,800
297,024,200 19,430,400
2as,691,800 lu,3Sl,600
298,61,3,100 19,428,100
298,122,900 19,398,-00
207,1811,800 19,312,300
293.330.S00 10,353,800
298.9JS.700 10.:H44.5O0
294,806,900 18,882,500
295,611,400 14,836,700
BOSTON. PIIILADELPUIA ASB OTHER CITIES.
IS
118V4
«3X
CASAL STOCKS,
BKOVBITIKe,
Ateh.
245,800
I
L. Tenders.
t
53,689.300
62,023.600
50,050,800
48.983.800
1,... 2811,436.300 49.406,600
8.. ..281, 187,700 53,391,500
15. ...278,571,200 66,-.!78.000
22....272.2.'>0.800 58.831.900
29. .. .273,218,400 59,271.700
5.... 278,056,000 61,109,000
12 ...279,265,700 03,192,700
19.... 286.075,100 64,430,000
26.... 285.905,100 65,210,100
S.... 291,784,300 88,188,600
10. .. .203,428,500 70,822,100
17.... 292.309,500 70,615,300
24.... 294.517,800 80.058.900
81.... 297.779,300 68.037.700
7.... 304.765,800 68,708,600
14... 308.491,800 6,S„3,!0.900
21.... 810,6(18,300 66,717,500
88.... 310,788,100 65,413,800
4. ,.,311,942,800 83,4;U,700
11. ...813.718.200 68.310,:100
18....8U.128.500 88.317.300
25.. ..310.201.000 85,147,600
2.... 309,323,600 65,256,300
POTATIONS
Dec,
Circulation
are the totals for a series of
Loans.
"
Dec.
i
35
53
do cons, m. 7b, cp.. 1911., 116
do cons. m.7B,rg., 1911,, HO
do cons, m.6B.g.l. 1911.
€ o ten. m. 6<, 1905
22
PHILADELPHIA.
:
10.8,?00
Bid
141
I
do
Inc.
BBOITBITIBS.
Phil. ft IJead. scrip, 1832 ....
do
In. m.7B, cp,18S6
N
60,473,200 3O9.323,80:i 65.256,300 13,048,3JO 293,611,4 « 18,630,700
opeuie
Lesal tenders
102
Kutland, preferred
Verinonift Massachusetts.,
do
1,122,266
45,000
5,400
1,91 1,4'JO
12.000
141.400
73.200
658.800
832.000
231.000
237.100
181.300
2,112,1^0(1
tion.
V. S.
(
«
222,000
311.500
464.700
591,000
S6H 37
Kngland.,
.
Circuia-
other
lOUUCif 11, Bte.— Coatloued.
P«Illi
BSOtlRITIXS.
Sew York ft New
XXXI.
[Vol.
UO^roN,
shows
statement
following
of New York City for the
the condition of the Associated Banks
basiness on Oct. i,, laau.
of
commencement
the
at
ending
week
••
,..
.
THE CHRONICLE.
378
May
.
do
7s
do'
T30B
t
110
106>^
Ilo
113
108
105
South. KR. 7'3ue.t
do
do 6s, gold t
do
Hamilton Co., O., 6s. long., .t
7s, 110 5yrs..t
do
7ftT30s,long.1
do
CIn.ft Cov. Bridge al'li, pref.
85
108
Cln. 11am.
m. 78, gold, '90.' 115
Hr&BTT.°lst
•-- — 78,
1, g.'69
...
latm. 7s, f 1.
do
7b, gold, 'SS. 109
m.
2d
do
iim.t .scilpg.,78
CO
3d m. cons. 7b, '90*.
do
103 '4
Ithacaft Athens let g d. Is.,'90
Junction 1st mon. 6s 8^- ••• 104«
2d mort. 6b, 1900 ...
do
ft
D. coas.6j.
19 5 +
7i,1905 +
2d m. la, 's5 r
Cln. Ham. ft Ind., 7a, guar. .1
Cln, ft Indiana iBtm. 7s
2d m. 7b, 't7..-l
do
do
do
.
-t
Colum. ft Xenla, 1st m, 7b, '90
Dayton ft Mich, 1st m, 7b, '8H
2dm.7s,'81.+
lOlJt
do
3d m. 73, '831
do
1896
West.l8tm.,'8i...1
Ist.es.cp..
Daytonft
Valley,
Lehigh
ist m., 1905.1
do reg., 189S...
do
do
130>6
1st m. 68, 190.:
do
do 21 m. 78, reg., 1910..
Ind, Cln, ft Laf, IBtm,78 ...t
do con. m.,6a,rg., 1923 lUa
68,' p.,19.3 114
do
do (I.&C.) iBt m.78,'SS+
do
'"t
Little Miami 68, '83
Little Schuylkill, Ist m.78 'S2 08
o'ln. Uaiu, ft Dayton stock,
North. Penn. Ist m, bs, cp., 85. 107
2dm.78,cp.. '96. 116
Columbus ft Xenla stock
do
114
1903.
Dayton & Michigan stuck,,,
do gen, m. 73, cp.,
8. p.c, 8fli,gua!
do
do |en,m.78,reg., 19OT113>i
101
Little Miami stock
on Creek ist m. 7a, coup.,'8i,
rlttab. Tllusv.ft
do
8i;2
77
B, 7a, cp„'9(>
121
12i
Scrip .....
Pa.&N.Y.O.ftRK. 78,1896...
190l> ...
do
I^OUISVILIiE.
do
do
do
Pennsylv., let m., 6s, cp., '80. 101«
gen. m.68,cp..l9iO. 1'22
do
gen. m. 68, rg.,19I0. U9M
do
cona.m.e?,
do
cons.m. 68.
do
Navy yard
do
,6s. reg
Co
Penn,
Perklomen
rg., 1905 11?
cp., 1905. 118«
68, rg.'dl
...
1st in.6s,coup., 9j
Erie lat m, 6s, cp.,'81.
2d vn. 7!<,cp.,98.
do
Phl'a. N'ewt'n ft N.Y.. lat m.
Phlla.
ft
Phlla,
ft
do
do
do
do
m, 6«, '43- '41
'48-.4»
dJ
2d m., 78, rp.,9
iiead, lat
.
dcben., cp., '"S
cpsot..
do
• In defan'».
t
Per share.
do
do
do
1I8«
107M
ibs
86
102
114
t
*
Louisville 7a
I23;ii
do
do
6s,'d2 to'87
68, "97 to '9»
t
water 6a,'87 to '89 i
water stock 6b, '97.1
wharf
68
1
spec'l tax 6a of '891
water 6a, Co, 19011
5)
Jeff.M.*l.i8tm.(Ift.M)
2d m., 7s
do
.
!b,'811
.liiorn
t.li.iH
let in.,7s, 1906.
Lonlav. C. ft Lex, lat tn.78,'97(-
do
Louis, ft Fr'k.,LoulBV. ln,6B,'8
Louisv. ft NaBhvllle—
t
Leb. Br. 6a ,'86
1st m. Leb. Br. Ex. 78.'8U-j6.t
63. •S3..t
do
Lou. In.
Jefferson Mad. ft Ind stock.
t
And
Intereit.
106
114
ibis
105X
104
—
.
I
OCTOBEB
—
"
...
....
...
.
.
'
..
..
..
...
THE CHRONICLE,
9, 1680.]
379
QUOTATIONS OF STOCKS AND BONDS IN NEW YORK.
U. 8. Bonds
and
aelive
Prices represent the per cent value, vhaUver the p%r rnay bt.
Railroad Stocks are quoted on a previous page.
STATB BONDS.
.
A,8to6,Bmall
ClaasB.Ss
CliuisC,2toB
Arkiinwi.H-flH. funded
Clasi
78,
7»,
U<ick
I..
A
Momp. &
77W
I-.
H"Ck IlK
7a L. U P. I!. & N. O. KIl.
7«, Ml9». O. 4 R. 11. KK^.
7», Arluunaa Cuniral BR.
Connoctlcul—6s
GeorKia—fls
new
78,
7b,
endorsed.
9"
15
§^
Lou'lahina^is, consolidated
Mlolilglin-6», 1883
7s. IWBO
due ISMHor'OO
Asylum or
109
due
'92
\\0\i
St. Jo.,188B.
n2(«
KW*^
Univ.,
Hannibal*
8
do
9" .Now do
York—6s, gold,
8
8
107
101
Ll'i"
100
111
.
6a,
108>J
48«
40j<
Bs, gold, conp.,
O9, loan, 188.'i
1891
6a, do
1892
Bb, do
1893
6s, do
New
'.
*. '.
.
1
Chatham
11
&J
A.*0
31
6s,
6s,
19
';!••
new
new oiios.
. .
VtrBlnft—fls, old
6b,
6s,
now,
new,
»
ftn,
conmjl.
tl
6fi,
19
RK
115
1800,
Tennessee—0«, old
12
12
11
»
!
2
78
77
Small
Oblo-6s, 1881
68.1«i6
si"
6s.
90
MO
Special tax, class 1
class 2
do
class 3
do
Consol. 4», 1910
A.iO
Act Mar 23,
Non-fundublo
iin
bonds, J.
do
107
1887
North Carolina—6b, ald,J*J
6B,old,
1U4
lis
1887.
reK.,'87
...
Rhudd Uland—6«.coup.
South CHniUna^
115
A.*0
do
coup, oir, J. ft J.
do
coup, off, A.&O
do
FnndlnKact, 1866
1808
do
I07W 109J„
CDRITin.
Bid.
raOtTBITIES.
N. Carollna.-Contlnoed..
No. Car. UK., J. A J
107
0..
Kundlng, 1894-95
.
A,H.
!03
'SS
0...
ea.diie 1K8«
6a, due 1HS7
6a, duo 1888
IK)
Kt. SCDlt IM.
Bid.
69« MlBsourl-B«, due 1888
69
67
.
SECITRITIBS.
Ask
Bid.
SEconrnis.
AlabamH— ClHM A, « to 5
Iflflft
M
M
IHfl?
bonds
ox inuturod coupun..
^ series
«i>
.
6a, ci>niK>t.,
6s, deferred
!i
79
I>.
of (;<)lumbia~3'60s, 19S4.
VIH
lieKtittered
110
FundlHKSs. 1«*9
do
reKJstered
100
100
BAII^ROAD AND niSCKLKiANKOVS STOCKS AND BONDS.
Ch.Mll.ft St.P.-Contlnued.
Istm., 7s.»i!'ld.R.l)..I902
Railroad Stocks.
latm..
istm.,
istm.,
iAct\6e prevtouKljj quoted.)
r.ii
Albany 4- Susquohanna
Boston A N. Y. Air I... prcf. J 42
Burl. Cedar lliiplds & No.
Minnesota...
Kails
A
Cedar
Central Iowa
1st prei
do
2tlprcf...
do
12T"
ClilCHK^A AIton,pref
....
.
65"
,
CIn. Ind. St. L. & Chic
Clev. & IMttsburK, guar- •
Dubuque & Sioux City
Frankfort
Harlem
& Koltomo
A Western....
Ind BloomIntern'!
A
Ct. Northern.
Keokuk A Dcs Moines
do
do
LonK
88
122"
27"
200
35"
30
...
oref.
85"
Island
Louisv. N. Alb.AChicaao..
Memphis A Charleston
Metropolitan Klovated
ii" 99'
• r.2St 114
N. V. Klcvated
N. Y. New Haven A Hartf. 1-7 160
N. T. OntarU) A VVe9t..pref.
Peoria Decatur A Kvansv.. 824
Pitts, n. W. A Chic., guar. I120K
do
do
spec'l.
S33
125
Ogd...
do
do
pref.
Stonlngt-on
Terre Haute A Indianapolis
- »3l"
Texas A PaclHc
do trust certlf. S31
do
•Toledo Peorta A Warsaw..
United N. J. UK. A Canal
106"
Warren
Miscellaneous 8t'ks.
Adams Kxprcss
116
American K.tpress
48V;
112
41
2
Imp
Lcadvillc Mininu
Ltttte Pittsburg Mining ...
Mariposa 1.M A Mining Co..
68,
gold, series B. int. def.
6s,
currency.
73,
'9-1.
l8t,con., f, cp.,7p
2d,con.,f.cp.,5s,0!'
St. Jos.—8s. conv
C— Ist. m.
I.,7s
West. DIv.,
7s..
1st mort.. Waco A N., 78.
2dC., Mainline, 8s
2d Waco&N.,8s
Inc.
52
and
l.and grants, 7s
KanBus
120
A W.— 1st, pref. 78
6t. T>. Jack. A Chic. 1st m
Miss.UlT.Brldge.lst.s. f.6!
Chic. Bur. A Q.—H p.c, Ist
Consol mort.. 7a ...
&8. sinking fund ....
Chic. Hk. l.A P.-«s. cp.,l»l7
9«, 1917, reglHtered
Keok.A Oes M.. 1st. g., 58.
Central of N. J.— 1st m., '90.
lOiiy 110
124
'
125
06
110
:i7«
1st consolidated
do
assented.
Convertible
assented
do
iiisk look
lOTSi
»:io
B.,con..g*d..]
assent'dj
96"
108M
no
96>4
110
a9sente<l
no
And
88,
Ill7>^
1909
2d mortgage,
accrued interest.
>
inc., 1911
i-S
100
I.dind grant. Income, tls
Chic.A Southwest.— ts.KUar
Cin. I.afayctte A Ch.-lst m
Cln.ASpr.-lBt,C.C.C.AI..7B
lstm.,g'dL.S.AM.S.,7s.
Denver Pac— lat,7a. Id. gr.ji
A Plttaburg- Ist m.,'78
Con. mortgage, 78
Brte
98k
7a,
113
equipment
Evansv. A Crawfordsv. -78.
A Pere M.-fls, I'd gr't
Consolidated 83
Stock
Kllnt
117"
Hona.A H.— 7a,
alv.
i
104
104k
:oik
4S
I0»
108
110
112
95
108
115
85
+100
106
90
104
105
IU754
ids""
'.02
87k
80
gid.'ll
7R
Gr'nd ILAInd.— l8t.7a,l.g.gu
1st. 78. Id.gr., not guar. ..
110
105
lis
110
Ist, ex. I. gr.,7s
Indianapolis A St.L.-lBt, 78
86
85
50
60
96k
2d mortgage
tndianap.A Vine— l8t,7a,Kr
95""
I»
70
SO
lis
75
72
nji
10
IB
90
TO
30
1»^
108)4
!0S
110
ua
Belleville
A
80.
111..
77
7i
mi
101*1 102
106J^ 107
1095^
99
Stock
Wab. BR.^Mortg.7s of
CoI.Chic.Alnd.C..lnc.78.1890
Cent. Iowa coup, debt certs.
C.St.P.A
L. Gr.,ln.63,'98
KIL,;
Stock'.'.".'.'.".'.":!.......
A Col.— 7s, Ut m.
• .•
A Aug.—2d. endors.
Greenville
guar
7a,
.Macon
MemphlsA Cha'ston— l8t,78
2d. 7s
1st
N. O.
A Tenn.— 1st m., S», A
mortgage, 8s, B..
A Jacks.- 1st m.,
..
89.
Norfolk A Peterab.-lst,
lat mortgage, 7s
2d mortgage, 8s
Northeast., 8.
88.
Itich.A
Dan.— lat
1 1 a"
114
IM
110
oc naoI-jW
Southw. Ga.—Conv
,78, *88,
.
tVA.tei-n N.
130
108
110
110
102
41
loa
100
C—In m., 8« 124
US
.
I
I
idi'
lOI
2dmortga«e,88
75
104
100
107
Certificate, '2d mort., 88
43k 45
116
loe
104
104
lafi
2draort.,8s
Miss.
43k <4«
-.00
40
Stock
Mississippi Cent.— Istm.
821
aaaa tbla week.
100
IIS
I
ore latMt qsotatlou
96
:oo
lis
104>4
Luke Erie .4 W'n— Inc. 7s. '96
100
90
104k
Stock
iii« ii2k, 8. Carolina Kit. i a m., 7«
Ms
Stock
9:
Chic.A Ka.it'n Ill.,Inc.,1907.
»3k,
78, 1902, non-enjo' «ed
41
44
Ind'aBI.A W'n— Inc., 1919.
Non-mortg. bonds
65
Ind's Doc. A Sp'd. 2d Inc.
66k:
Int. & Gt. Northern— 2d Inc
',S
7SS^ West Ala.— 1st iuor'..,8«...
8d mort.. 8.S. giia."
idd"'i07"l Leh. A Wilkes B.Coal-188S
70
6i«
lOS
lie
105
110
08
B.Tenn. A Va.—6s,end.Tonn
K. Tonn. Va. A Ga.— lat, 78.
Stock
Georgia RR.— 78
9Sk
111
HONnS.
Chlo.St.L.AN.O.—2d m. 1907
8»
100
118
40
18Si
Consol. conv., 7s
102Ji
Gt. Western, 1st m., ex cp :I09k
do 2d m.,7s,'93,ex cp 104« 105k
O. A Tol., lat, 7s,'90.ex cp
III.A So. la., lat m.73,ex cp
Hannibal A Naples, Ist 7b
109
St.L. K.C A N.R. E.A R.,78 :o7
Omaha Div.. 1st mort., 78 109 112
Clarindab.,Bs, 1919
108'
St.Chas.B'dge.lst, 7s, 1908
North Missouri, lat m., 7s 118 l'.8k
West. Un. Tel.— 1000, coup. 117 120
illBk
1900, registered
Spring.V'yW.Worka— IstOs
Oregon R. A Nav.— 1st, 6a.. idiji 103k
I.VCO.MK
41t
«o
26"
loek 107«
Equipment bonds, 78,
Central of N. J.— 1908
114
lis
Charl'te Col.A
133k
'79.
T.AWab.,lst ext.7s
1st St. L. div.7s,ex mat.cp
2d mortgaiie e.xt.. ex coin
•••
A.—Cons.. 78
2d mortgage, 7s
..
Stock
FjiatTenn. A Georgia—6a
;!35
Istpref. inc. for consol...
1:1
110
111
lOOkl ....
Ala. AChat.- Uoc'rs ctf a.var
Atlantic A Gulf-Consol....
Cent. Georgia—Cons, to., 7s
Istm
M. 4 Manlt'a-lst, 78
2d mort., 6a, 1909
Tol. Pen. A W.Pur. Com. rec'pta, lst,E.D
Ist mortgage, W. D
Burlington Div
1st pref. inc. for 2d mort.
100
lOO
ICO
RAILROADS.
w"
St. P.
US
No price to-day theie
;
m.jt.,78
E. III.-8. K.c'y 1907
,
Income
do
.
Mo.K.AT.—ConB.as8..1904-6
100
Air-I.^Ist m.i+IOS
Chic. St.P.AM'polis-lst.6«
112
101
105
lu5
105
108
RR. of Mo.— ist m,
2d mortgage
2d mortgage, pref
112W ..
Cleve. P'vllle A Ash., 78
Buffalo A Krle, new bdB.
jidi"
Buffalo A State Line, 7s
Kal'zoo A W. PlKcon. 1st. JlOO
Det.Mon.AT., lst,7s.H906
Lake Shore Dlv. bonds
:::h..
cons, coup., lat 123k 126
do
12lkl ....
cons, reg., lat.
do
118
do
cons. coup.. 2d
.... 120
cons. reg.. 2d
do
Louiav.A Nash.~Cons.m.,78 115 116k
106
2d mort. /?s, gold
105
..
Cecillan Branch, 7s
N.O. A .Mob, 1st 6s. 1930.. 101H102k
..
Na.shv. A Decatur, 1st, 7a, 111«
....!l03
L. ErIeA West.-latBs.lOlil
Laf. BI.AMun.— lat 6s. 1919 103^ 104k
96
Manhattan Beach Co. 7a, '90 94
N.Y.AMan. Beach 1st 78.07 105 111
117
Marietta A Cin.— 1st mort ill2
Ist mort., sterling
Metropoilt'n Kiev- lat.1908 1025*1 103
trl9
do
2d 63. 1899
Mich. Cent.— Cons., 7s, 1902 124k ..
lat mort., 8s, 1882, s. f.
t....^iork
Equipment bonds
Impr. bonds.. :iio
Chic.Mll.ASt.P.-lst.Hs.P.D, 130
ad mort.. 73-10, P.D..169S 116
Y
Income bonds
Pacific
.
.
m
.
A
Chic.
93
9(lk
N..
Chlc.ACan.So.— 1st
104
1st m., Bs, '95, with cp.ctfs
latni.. Bs, 'Ofl,
do
Den. Dlv. 68 ass. cp.ctf.
do
1st consol. Bs
A
.
.
115
RAILROADS.
Atch.AP.P'k-7s.gld
Bost.
;115
Pac—
73
(Itrokeri' (JuoUtUont.)
105
112
113
Wk
MiscellancoQS List.
101k
97
87
.
'.'.'.'.
103k
liKM).
new bonds.
do
104k
Sinking fund
Toilet A Chicago, 1st m... lot
Loul9'aAMo.,istra..guar
A N. Ind., s. f., 7s
A Tol., sink. fund,
.Mich S.
71M
8t.L.l.M.AS.-l8t7s.prf.lnt.
2d Int., Ba. accum'tative..
88
53
39
ic-k o;h
105
iiik 115
66
Kanaaa A Nebraska— Ist ra
Income, 78
27
'2d mort
tl06
1st m., Carondelet Br.
Long Island— lat mortgage. 110
es
113k
65
St.L. A S.K.,2d 6a.cla8S A.
do
2d mortgage.
1'5
76
3-fls. class C
do
70
Midland of N.J. —l8t, new.
lOflk
785<
do
3-6s. class B
Income, "A"
10k
uok
5
do IstOs.Pclrce.CAO
do
"B"
'95
Equipin't
7s,
do
37
N.Y.AGrecnv^. L.-lst. s.n.
1:2"
103
4v
South Pac. of >lo.— lat m
10
do
2d
112
Texas A Pac.-lat, Os, 1905.
New Jersey So.— 1st, 68. new 85
93
Consol. «s. 1905
75
St. Joseph A Pacific— l8l m.
em
Income and land gr't. reg.
35
2d mortgage
in3k
17
1st Construction, Os, 1930.
St. Jo. A Weatcrn stock
*107k
Pennsylvania RR—
St.L.VandaliaAT.H.-l8tm 115
112
1st
m
107
Pltts.Ft.W.A Chic.,
2d mortgage, guar
1127
100
do
do
2dm..
.'*outh Side (L.l.)— 1st mort
11*6
do
do
.3d m.. Ills
Union A Loganaport— 7s
ids" lOSk
Cleve.A Pitta., consol., s.f 123
U.Pac.-South Branch .... 100
08
979«
4th mort...
do
Southern Securities,
123
S94k
Col. Chic. A I. C, 1st con
104«
(Jirokeri>' (jiiotattons.)
2d con...
do
108 >4
STATES.
do 1st Tr't Co.ctfs.asa. ;94k
112k
ass.
do 2d
do
95
94"
So.CaroIlna—
Con., 6s (good)
12L%
suppl.
do 1st
do
96
Brown cona
119
St.L. Va.AT.U., 1st g.Ts.'OJ :115
104
Texas~6s,
1892
M.AS
124
121k
do
2d 7s. 1S08
11:'
1892-1910..
7s,
gold,
J.A
J
89;i 80k
do
2dgld.7s, '98 •IC'T.k
J.AJ UI5
7s, gold, 1004
Rome Wat. A Og.— Con. Ist. 6«k 68k Virginia41
New 10-408
IWA' 118
i8ik .85
St. !,.& Iron Mounfn— 1st ni
Coupojis.—
Past-<lue
108
I08>
I05»i
2d mortgage
10
;105% 106k Tennesssec State coupons.
:08M
Arkansas Br., Ist mort
40
10««'1U7
108k lOSk South Carolina consol.
Cairo A Fulton, Ist mort
10
Virginia
coupons
104?-;
Cairo Ark. A T., 1st mort.
consol. coupobs...
»0k
do
H4k 11% 3t. L. Alton A T. H.— 1st m aiij)
i32»i
94« 91% Lake Shore—
Cleve.
73
88
52
62
90
UBk
Sinking fund
Registered .8s
Collateral Trust, OS
99
Ind's
—
Land grant bonds
Western Pacific bonds..
South Pac.of Cal.— Ist m.
Union Pacific— 1st mort.
113k 116K
Ind'y. 78
1st mort., 78, 1900
2d mort.. 1909
Decatur .fc Sp'd lat 7f
Int. A Ht. North. Ist 63,gld
mo
A Oregon, IsU
State Aid bonda
no*.
lIl.Cent.-Dub.ASiouxC.lst
Dub. .t Sioux C, 2d dlv. ;i08'
100
Cedar K.& Minn., Ist m
27>«
-
t
do
do
lat mort..
211
deferred
Alton— 1st mort.
Adjustment, 1903
.
Buff. N. Y.& E, Ist m.. 1916
19"
Int.
Prices nominal.
Keg.
Long Dock bonds
Minn. A St. L.. Ist, "s, guar 105
Iowa City A Wcst'n.lst 79
Central Iowa, Ist m.7s, IBSW ioi«
Chesap.AO.— l*ur. m'y fund 1(16^4
do
Coup.^78,'94
.
117J« 119
11
Bost. H. A Erie— Ist
1st mort., guar
Bur.Ced.H.A North."lst,rw
Am. Dock A
.
1st Pa. diT., coup., 7a, 1917
reg., 78. 1917
do
Albany & Suaqnoh., Ist m.
Ind. Bl'ni
m
Cal.
«108
115
119'
Y., lst,78
2d mortg., ext'n 5a. 1919.
3d miu-tgage, 7s, 1883...
5th mortgage, 7s. 1888
1st cuna. gold 7s, 1920
Railroad Bonds.
do
.
extended
do
do
do
!loua.4 Tex.
2U0
pref
do
3llver Cliff Mining
fttandura Cons. Uold Mining
LehlghAW.
m.
2dm....
Blnh.AN.
Han. &
Quicksilver
2d 7s.
St. P., 1st
.
61«
sso
A Nav. Co
Pennsylvania Coal
Pullman Palace Car
do
Winona &
conatnict'n
do
7a of 1871.
do
Ist con.,g'd..
do
49H Del.* Ilud.Canal—
lat m.,'t 4
Oregon lUlIway
Income
lis'
Chlc.AMII.,l8t
.
16"
-.10
.
N.Y.L.K..tW.,n.2d,con.,6!
pref.
M on tank (iits Coal
N.y.AStraltsvilleCoalAIron
Ontario Sllve.- Mining
A
—
58J<
I2«
A Miss.— Conaol.
N.V.IjLkeB.AW.In«. 68.1977
N.O.Mob.AI'ex.deb.ac.,1930
130k
ISOk
112k 112k
li6.>.
(»hlo
gSw
Ohio Central— Inc.. 19-20....
130« 131k Peoria Dec A K'vll'o— IncB.
13054
Bvansv. dlv. Inc. 1920
116*(
.
i2
112
lOO
Ijlf. BI.A Mun.-Inc. 7. 1899
MoblleAO.-latpref.deben
2d pref. debentures
•Id
do
4th
do
;10fl
115
127
132
Morris A. Essex, lat m
114k
2d mort.
do
bonda, 190<i ilOl
do
S333i
Bs.
I
115
115
126
2d mort
do
1st con., guar
do
Ren8.& Saratoga, lst,coup
ist, reg.
do
25" Denv.A It. Grande— lat.lftOd
Ist cons. 7e, 1910
do
HH Erie— 1st mort.. extended.
—
T>a Plata Minini;
stock Rxrhfttipe PftceJi.
Bait. A <)."l6t rts.Prk.b.l9iy
Nevada Central— 1st m.
106M,
.
Dendwo()d Mining
Excelsior Mining
Gold A Stock 'relograph
Homcstuke Mining
,
.
113
103"
110k
lOBk
a. f'd
Syr.
2y,
A T.— Continued.
111
Conaulldated
Extension bonds
2d consolidated
109k 109J(
l8t mortgaKo
ISO
lat m., Springfield dlv
Coupon Kold bonds
120
Ohio Cent., lat m., 6s, 1920.
Registered gold bonds
I'e.irln
Dee. A K'ville, 1st 6s
Sinking fund
Evanav. dlv ,l3t 68, 1920
reglatered..
do
120U 121X Pacltlc RailroadsIowa Midland, 1st m., 8s.
Central Paoltlc— Gold bds.
Galena 4 Chicago, exten. tl03
ganjoaquin Branch
renlnsuia, 1st m.,conT...
convertible
Mortglf«e7s, 1907
do"
n
121
Colorado Coal A Iron
Consolidation Coal of Md..
Cumberland Coal A Iron
Chicago
bonds
Ist mortga^se, 1S91
....
Climax Mining
do
Int.
Consol. bonds
7s,
Coal
Amerlaui Cnlon Telegraph
Boston Lund Company
Boston Water Power
Canton Co., Baltimore
Caribou Consol. Mining
C'Cntrul Arizona Minlmr
do
Marylano Coal
Minn. dlv.Ba. 1010.
l»lm.. H. *D.. 78. 1910...
Chic. & I'ac. rtlT., 68,1910.
Chic. & Northw.— Sink. f'd.
117
sua
United States Kxpress
Wells, Kurgo A Co
Central N. .).I.And
Con. Blnklna fund, 1905...
2d mort(ia(<e, 1884... ... ..
lat ni., 78, I. i D.Kxt.,1908
S.-west div., IstOs, 1909.
Ist 68, IjlC. & Dav., 1910.
Kan.
121
H. A Cent. Mo.. 1st., 1800.
116«l .... .Mobile A Ohio-New m., 68.
115 )USH, Nash. Chat. A St. L.— 1st 78
115^.:
IIB
N. Y. Central—6s, 1883
....1120
88,1887
115H;11J«
88, real estate
Ba, subscription
113
114
N.Y.C. Allud., 1st m.,cp.
104
Istm., reg
do
87J*
lluds. R., 78, 2d m., 8.f.,'B4
102:>«
(Canada South., 1st, Int. g
102>i
112
Uarlcm, Ist m., Is, coup.
105
1st m., 7s. reg....
do
109
;. Y
Elevated-lst 7b, 1906
do
C. C. & Ind's— let, 78, a. f.
111«
mortgage
Consol. mortgi
Consol
O.- Ten. Hen Ts siioy
130" C. St.L.ft N.
1 io«
1st con. 7a
9.IM 99k
C. St. 1*. Minn.4 O'aCons.Os,
Ch.8t.P.&M.n.,lstO-.ini8 107«
N.Wlsc. lat M., as., 1030. tl03
St. P.& Sioux C.lat 05.1916 103^5 104
Del. Lack. & W.- 2d mort. lOOJll ...
.
American
& M-, ll'97
I. AD., 18U0
C. * M., 1903
1.
.Mo.
llOM
.
Pitts. Titusvilli.' A BuffdloKensseliier A Suratojfa
Rome Watertown A
8t. Paul A Uuluth
I)lv., 1893.. ..
lat So.
61
J
ist m.,
LaC.
C.— i*»
No qaoUUoa today;
in..
7.
.
Ia*est lale
107H 110
106
105
lOS
110
Ilk 14
«o
43k 45
89
no
lis
110
ua
flO
162
thu week.
—
THE rHRONICLE.
3^0
good
condition; but it is absolutely necessary
that many improvements and repairs should be made upon
the property
especially in view of the fact that within
a few years the fixed
charges will be larger, and the property should
be placed in
proper condition to pay such greater interest.
We have no
Juujestttxjeuts
STATE, CITV
[Vou XXXI.
AND CORPORATION FINANCES.
terminal
facilities at Indianapolis, except over
other roads, and
The IifVESTORa' Supplement contains a complete exhibit of the
It is necessary to build a bridge
Funded Debt of States and Cities and of th'. Stocks and Bonds i^l^i!'?^ ^^^* expense.
across the "Thite River, and a track from
there to the Union
of Railroais and other Ojmpanies. It ii publifhed on the last Depot
in Inaianapolis
'ITiis we have arranged to do in
Saturday of every other month viz., February, April, June,
connection with the I. D. & S. Railway Company,
each sharing the
August, October and D'cember, and is furnished without extra
expense
We
have
also
arranged
for
the purchase of grounds
charge to all regular subscribers of the Cheoniclb. Single copies
suflicient for our local freight purposes.
Oar present yard at
are sold at f 2 per copy.
Indianapolis is too small for our business; and we shall
either
be obliged to buy more land and add to it, or else
sell what we
REPORTS.
nave and move the yard to some other location."
«
»
*
"
matters are all of them of absolute necessity.
Indiana Bloomington & Western Railway.
The
^^^''f,
General Manager estimates the necessary expenditures
durine
f
'
(For the year ending June 30, 1880.)
" '"^s
the year at $153,000.
The first annnal report, lately issued, states that this (reor"In addition to this, the board of directors have in contemganized) company entered into possession AugBst 9, 1879; but, plation a nieasure which will greatly facilitate
the operations
for the purposes of a clear statement, the operations for the ot tne road and reduce the operating
expenses, which, if
—
ANNUAL
full
year ending June
30, 1880, are given
EAKKINQS AND EXFENSES.
:
£arnings.
Freight
Fassenger
Bxpress
Mall
Chair car
Maintenance of way
Maintenance of rolling
8,551
19,413
stock
Transportat'n expenses
TrafBo and general expenses
5,37(i
Miooellaneous and rents
Mileage
„
^
Totaleamlngs
,
,
Operating expenses.
$217,946
$766,011
356,129
20,592
10,273
^.
82,891
245,113
119,309
Total operating ex-
$1,186,347
penses
$695,260
Earnings over operating expenses
$401,086
The operating eipenses, as shown by the Auditor's statement,
decreased $152,402 from 1878-9, and within the year 3,000 tons
of steel rails, costing about $159,000, less the amount realized
for the old rails, were paid for and laid, the cost of which is
included in operating expenses.
INCOME ACCOUNT.
Net eaminKS, as above
$491,086
Trackrental
$37,624
Taxes
15 146
adopted, will involve an outlay of $100,000, which,
added to the
a total disbursement during the year of
Iokoa'aa
An®*!."'?®
lt!j,^3,000.
All of the above disbursements are absolutely
necessary for the preservation of the property and
the economical
operation of the road; and, in addition, there is the constantlyrecumng question of the nece.ssity of lowering the heavier
^^•^^«'"al
^r*onA .I.-ii^ol^'°g Mana-er claims that with an expenditure
an annual interest charge of $18,000 to
SL^^S^'^*"*'
$21,000 per annum, from $50,000 to $60,000 per annum
can be
saved
expenses. But leaving the matter of altering the
grades out of the question for the present, it is evident that
the
expenditures upon the property absolutely necessary
wiU
absorb the entire surplus for that purpose, and prevent
any
mterest on incomes or dividend on stock being paid at present."
m
Nashville Chattanooga & St. Lonis.
(For the year ending June 30, 1880.)
The annual report lately issued does not refer at all to the chief
event of the year—namely, the purchase by the Louisville
S, :Nashville of a controlling interest in the
stock of this comAdministration
5'691
pany.
Car rental.
6,000
Interest first mortgage preferred
The relations with other roads and branches embraced the
42000
Interest llrst mortgage
107625
operation of the Nashville & Tuscaloosa Road, from Dickson to
Interest second mortgage
46125
Ciraham, from December, 1879 ; also a lease of the Duck River
Purchase account
.V;'.";;'.;;".:;". I4;i60- 274,372
Valley Narrow Gauge Road, from October 2, 1879. This road
Surplus.
$216,714 IS to be extended thirteen miles, to Fayetteville, and the report
OLD LIENS AND NECESSARY EHPBOTEMENTS TO PROPEBTY, ETC.
says "Ihe creditors of the Duck River Valley Narrow Gauge
O. Adams' contract
kaa 'tao
Ranroad have assumed that this company is liable for its float•.;:;:
Klghtofwa.v
4612
ing debt, and have threatened suit for its recovery. The quesKeal estate liens
lo'ooo
tion of the liability of this company under the lease ha.s
Purchasers' account
I!!!!!!!!!!]l
17*148
been
$76 462
referred to the company's attorneys, Messrs. East & Fogg, who
s^iJius
are
of
iuo^isi
opinion that the contract only requires the payment of
During the year ending June 30th, 1879, the mUeage earned the debte of the Duck River Valley
Railroad out of its own
on cars on foreign roads—to wit, $86,390— was credited to assets. Ihese assets consist of one hundred
and forty second
earnings; but the car rental was not charged in
mortgage
bonds
of $1,000 each, carrying 6 per cent, the minioperating
expenses, which will explain the fact that while the
mum
price
of
which
was fixed by the board of directors of the
total gross
earnings for the past year show an increase of only
$14 018 Duck River Railroad at 85 cents; a few ot" them will be disposed
over those of the year ending June 30th. 1879, as reported'
of
to
creditors,
but
they
cannot be placed on the market at this
for
that year yet they are actually, as stated, $100,408 greater.
In rate so long as Tennessee securities are objects of suspicion to
other words, the gross earnings for the year ending
capitalists.
How
to
meet
June 30th,
the debts of the Duck River Railroad
1879, were not actually as much by $86,309 as the amount
shown is a question for your consideration. The resident engineer
by the books kept under the charge of the Receiver, while the estimates the expenditure necessary for
its completion
to Fay>
f
1
property was in the hands of the Courts— i. e.:
etteville at $85,156."
I
:
_'_
Actual gross earnings, year ending June 30th, 1879,
less
eign mileage
Actual gross ean^ings, year ending June SOthVisSO;
"less
eign mileage
:
for-
«Ina=;Q5Q
for»•_
:
Actual Increase.
n,.
.
":
i_i86,347
'
$100,408
.
Ihe earnings increased over previous year from
freie-ht
:
iRqi
380
.0; passenger, $59,200; express, $i;822;
chTir car, $590';
miscellaneous and rents, $7,413 ; total,
$100,408.
The following statistics will give a fair idea of the
amount of
business transacted by the roaS. The reduction
of the rati of
''^ ^'•°" '^^''^'"^^ ^-- '2-^«
58'6ris'
^
:rSlly gSyTng?
FREIGHT EARNINGS.
For year ending June 30th, 1880
For year eudingJuue 30th, 1879 ;
OWENSBOEO & NASHVILLE RAILROAD COMPAJfY.
"With a view of obtaining direct connection with the Ohio
^ZP'O^l
734,630
—
Increase
$41,380
61,314,095
Tons carried one mile
Receipts per ton perm'u'e
Cost per ton per mile....
Netperton per mile...
'Ol^sijooo
'OO'STi^og
^-''^^^ ean;i;gs''f;;ihe"year"endingJunT30tr
1
J\"r
are ^'^l
only in excess of those of 1879
1880,
•
S41 qsn tT^» ^«„„
earnings increased $59,200, of which
$13 486'w^'
o/,r. ?P'
tions made b.y conductors.'showinra
and also a gain of about 20 per cent gain of o^e^XOoLr n-f"'
inTcal ticket sales^
P"-««dent, remarks in his report
that
"the' $7T^'^.^r^'?' !?'
^
completed and in operation from Owensboro to Owensboro
Kentucky, a distance of 37 miles, and partially
graded from Owensboro Junction to Adairville, Ky.. about 50
miles more, together with its equipment. Its charter, privileges, rights, franchises, etc., extending to Nashville
and
various other points in Tennessee, also passed under the control
of your company.
Junction,
amount
of stock in the Owensboro
&
Nashville
Company is $1,156,500, of -.vhich your company purchased from T. S. Anderson $738,000 for $145,000, and subsequently purchased $215,479 more for $46,569, making the total
Railroad
amount of stock bought $953,479, costing $191,'i69. The company also purchased O. & N. railroad bonds, which are convertible into stock, amounting to $178,000, for $7,439. There
was also expended upon the grading of the Owensboro & NashRailroad, between Owensboro Junction and Adairville
iM49,227, and for a lot of ground in Owensboro, floating debt
and other expenses incidental to the purchase, $62,447, making
the total cost of the road $410,683.
"Under resolutions of the stockholders and directors of this
company, the Owensboro & Nashville Railroad was sold to the
Louisville & Nashville Railroad Company on the 3rd of March,
1880, the latter company agreeing to reimburse your company
for all expenditures of every kind incurred by it on account of
the Owensboro & Nashville Railroad, and
pursuance of this
sale the road was turned over to the Louisville & Nashville
Railroad Company from that date, and operated by it since
that time."
ST. LOUIS & SOUTHEASTERN RAILWAY.
"On the 19th of November, 1879, this company made an
ville
m
business of $7,448 and upoA
mLif
X^sir^'^r?
present, we have 62 miles
ofsteel mils.' ^ndlhe roadlbed
i«
busSTf
t
«
River, your company, on the 13th of May,
1879, purchased a
majority of the stock of the Owensboro & Nashville RR. Co
,
securing thereby control and possession of that road, which was
';The total
„„.,„
I
agreement
vrith
of the St. Louis
a committee representing
&
Southeastern
Railway
the bondholders
—extending
from
I
—
OCTOBKK
OCTOBEl
I^HI
:
.
THE CHRONICLE.
9, 1680. J
Evansville. Ind., to St. Louis, Mo., a distance of 160-8 miles,
with branches from Junction to Shawneetown, 111., 41-5 milen,
and from
Helleville,
to O'Fallon,
111.,
111.,
a
B-9 mile.H,
total
length of 20820 miles— f»r the purchase of that road for the
sum of $6,600,000, payable $3,500,000 in forty-year 6 per cent
gold bonds of the Nashville Chattanooga & St. Louis Railway,
secured by a first mortgage on the St. Louis & Southeastern
99 year 3 per cent gold bonds of the
Railway, and $3,000,000
Jfwhville Chattanooga & St. Louis Railway, secured by a
second mortgage on the St. Louis & Southeastern Railway. It
I
was subsequently ascertained that the sale could not be made
immediately, and until this could be done the road was leased
from the Receiver on the 26th of December, 1879, at a rental of
|300,000 per annum, under which lease possession was given
your company on the 1st of January, 1880, and the road was
operated by it until the Ist of April, 1880, when it was turned
over to the Louisville & Nashville Railroad Company, as per an
agreement entered into on the 3rd of March, 1880, by which all
the interest that your company had in the St. Louis & Southeastern Railway was transferred to the Louisville & Nashville
Railroad Company, the latter being substituted for the former
in all its transactions in regard to the St. Louis & Southeastern
Railway."
The following statistics have been prepared for the Chrokiolb
BOAU AND EQUIPMENT.
m
1
:
1876-7.
1877-8.
1878-9.
1879-80,
349
83
37
949
454
86
44
454
86
44
454
87
46
1,025
3
3
FISCAI, EGSDLTS.
1,025
1,184
UlleBowned
LooomotlvoB
Pa«s., mail audexp. care
..
Freight cars
OUiercarB
1876-7.
JCamings —
1877-8.
$
^
435,667
516,384
1,133,208
Freight
63,101
MaU, exprena, rents, <bo...
1,287,323
68,102
1,632,276
1,871,809
274,192
356,638
231,223
64,180
342,352
403,763
261,956
62,198
PasseiiKOi-
—
$
Operating expenses
Maintenance, of way, &o.
Maintenance of equiiimeut
TranBiiortution exiwnses..
Mlseellaueous
Total expennes
Ket earnings
P.
ot.
opor. exp. to earnings
926,233 1,070,269
706.043
801,540
57-18
56'74
KCOMB ACCOUNT.
1876-7.
Reeeipis—
$
706,043
Net earuings
IHsburBemenU—
Interest on debt
431,120
Taxes
23,741
196,033
Dividends
McMlnn. & Duck R. Exten.
Miscellaneous interest
1877-8.
$
, 801,540
452,400
23,543
131,.505
1879-80.
1878-3.
$
441.545
28,094
24,280
36,728
37,397
25,000
30,611
12,196
32,865
11,763
Bridges
MlsceUaueoos
48,286
110,560
2,645
outfit
Assets not available
Assets available
InvestniontH iu stoclcs and bonds
$417,856
13,000
$3 1 ,400 new Issue Bank of Tennessee notes, cost
Three bonds, C^ity of Memphis
1,800
Bills receivable
17,236
Eeal estate not used for depot or right of way
purposes
,
93,875
Balance due from Individuals, agents and connectbiK roads
129.249
Cash on hand
Cash Iu banks in
211,011—
976,180
$15,515,673
LUUrUitie*.
$6,848,890
14,360,899
206,178
Capital stock
Bonded debt
Prollt
Other
^
and
loss
liabilities-
Bills paj-able
Individual deposits
15 annuity bonds, running 15 years for $1,500
each paid annually
Balances due individuals, agents and connecting
roads
Interest coupons due July 1st, 1880
Uncalled for dividends
June, 1 880, pay-rolls
Interest iiccruuiK during the war on bonds held
by the U. S. Government
$404,222
54,139
22,500
34,534
212,315
14,248
53,034—
$15,515,673
GENERAL INVESTMENT NEW3.
—
all
$3,190,489
1,652,954
kinds
Net revenue
and rentala
$1,537,935
965,270
Interest
$572,665
Surplus
Chicago
representing the Wabash & Paciflc, the subject of the new preferred Wabash extension was discussed at length, and a disposition was shown on both sides to arrange the differences between the companies amicably. Enough took place to show that
a general understanding would be eventually reached, and a
call was accordingly issued by Mr. Gould for a meeting on September 19 of the following roads, each to be represented by
committee with full power. The meeting is to oe held at the
Union Pacific offices in this city. The roads to be represented
are the Wabash St. Louis & Paciflc, Chicago Burlington &
Quincy, Missouri Paciflc, Atchison Topeka & Santa Fe and
Union Paciflc. These committees are to arrange all territorial
disputes between the Chicago Burlington & Quincy and the
Wabash and the Union Paciflc.
Chicago Pekin & Southwestern.-The Receiver has filed a
report showing all receipts and disbursements during the month
of August. The exhibit is as follows
$8,996
Balance on hand last report
37,581
,
Receipts of the month
794,994
153,600
Allegheny Valley. This company gives notice to the holders
its income bonds that the cash fund applicable to the payment of the October interest on these bonds is not suiBcient to
pay over $9 50 for each $35 coupon, and that it will be distributed pro rata, the remainder being paid in bonds of the same
issue, or in scrip convertible into such bon<b, as has been done
of
results :
Gross earnings
Burlington & Qnincy— Wabash St. Louis k
Paciflc— The World of October 8 reports that, " at an informal
$14,360,899 meeting yesterday between Mr. Perkins, of the Chicago Bur178,593 lington & Quincy, and Messrs. Russell Sage and Jay Gould,
92,150
New York
tofore ordered.
Expenses of
723,012
740,746
708,015
923,436
Total disbursements...
Balance, surplus or deficit. dof.16,969 OUT. 60,794 snr. 7,119 def. 9,029
GENEBAL BALANCE, JDLT 1, 1880.
Koad and
m
—
16,627
Bonds endorsed
530,387
1.504,088
64,680
From private advices received here yesterday from Boston, it
appears that negotiations have just been successfully concluded
between the AtcliLson Topeka & Santa Fe and the Kansas Citr
Lawrence & Southern (formerly the Leavenworth Lawrence &
Galveston), by which the former is to take poM««ion at once of
the latter road. ITie Santa Fe Company Imnes its S per cent
bonds for all the stock of the Kansas City Lawrence & Sonthern,
which It accepts at 95. The Kansas Lawrence & Sonthern is one
of the old Nettleton roads, and runs from Kansas City & Lawrence in a southwesterly direction to Wellington, Kan., near the
line of the Indian Territory, with branches to Coffeyville and
Uunnewell. The distance from Lawrence to Hunnewell is 2fi6
miles, to Wellington 237 miles. The Kansas City Branch to Lawrence is 53 miles long and the Coffeyville Branch 16 miles. The
object of the Santa Fe Company in securing this property was, no
doubt, for the purpose of secaring a line that will be able to
compete with the Missouri Kansas & Texas, which Is controlled
by Jav Gould. It is the intention of the Santa Fe people to extend tne line as soon as possible through the Indian Territory to
a connection with the Texas roads."
—The Boston Transcript reports: " The Atchison Topeka &
Santa Fe Railroad is now completed to San Marcial
New
Mexico. The New Mexico line is 374 miles long, including the
Santa Fe branch, and is bonded for $15,000 per mile. The remainder of the $5,610,000 7 per cent bonds is now being issued,
and the second New Mexico subscription settled up. ^Another
company has been organized to built to El Paso."
Atlantic Mississippi & Ohio.— At Richmond, Va., Oct. 7, in
the United States (Srcuit Court, the petitions of the cities of
Petersburg and Lynchburg, asking for a postponement of the
sale of the Atlantic Mississippi & Ohio Railroad, were refused.
The sale, it is reported, will take place on November 1, as here-
Boston & New York Air Line.— The N. Y. World says that
" article 5 of the contract between the Boston & New York Air
1,736,723 2,099,155 Line Railroad Company and the New York New Haven & Hartford Railroad provides that, in case of a disagreement between
$
i
317,475
376,141 the contracting parties before October 1, 1880, in regard to the
374,419
440,460 proportionate share of the gross earnings allotted
to each, the
260,190
288,602
69,505
79,4S5 matter shall be left to the decision of three arbitrators, to be
chosen in the usual way. The article does not, however, state
1,021,589 1,184,748 whether the decision of the arbiters shall be unanimous or only
715,134
914,407
59-82
66-43 a majority, and there is a prospect of a lawsuit, since the New
York & New Haven Road has given notice of dis.sati.sfaction.
1878-9.
1879-80. By the terms of the contract six parts of the gross earnings of
the two roads after March 1, 1879, were to go to the Boston &
$
715,i34
914,407 N. Y. Air Line and ninety-four parts to tne New York New
$
$
Railroad."
464,630
475,320 Haven & Hartford
22,079
Central Railroad of Georgia. ^The annual report of this
164,161
232,020 company for the year ending August 81 shows
the following
54,005
1,231.171
64,007
New
eiiuipment, &c
Dlff.in coKt of rails & ex.ties
4
3
381
$46,577
^,S3S
Diibiusemente
$18,741
Balance on band
District of Columbia.—Washington despatches this week
report that the quarterly statement of the funded indebtedness
of the District of Columbia, issued by Treasurer Gilfillaii,
shows a decrease in the debt by the operations of the sinking
the
fund since July 1, 1878, of $618,750. and a reduction
annual interest charge since that date of $38,981.
The first lot of coupon 3-65 bonds for the conversion of Board
of Audit certificates (of the District! was issued Oct. 7. The
bonds were all of the denomination of $500, the amount aggre-
m
gating $39,500.
Flint k Fere Marquette.—General Manager Potter lias
Atchison Topeka & Santa Fe— Kansas City Lawrence &
Sontheru.—The Chicago Tribune of the 30th ult., says: "The issued the following circular, announcing the reorganization of
Atchison Topeka & Santa Fe Railroad has just made an import- the Flint & Pere Jlarquette Railroad Company
East Baoinaw, Get. 1, 1880.
ant addition to its extensive system of roads one that will
The foreclosure proceedings begun In June, 1879, by tl'e,.l'o'ueni of
enable it to compete with the Missouri Kansas & Texas Railroad
the consolidated bonds of the Flint i Pere Marquette Railway Oomon business from the Indian Territory and Southern Kansas. pany, under which the property was placed In the hands of a KeoelTBT
heretofore.
:
—
:
THE CHRONK^LE.
382
[Vol.
XXXL
To Loan & Tnist Company ($100,000), IJO Kocond mortgage
Metropolitan bonds at
$l3,-),000
SJO
Total market value
Secoud \icotlie. followiuK-named otticers:
Sanfof"
Oeneral Manager, H. C. Patter. Superintendent,
•treasurer
Assistai.t
Potter
T^ler""Trea8Urer"and 8ecr"etary. H. C.
Freight ARcnt.Dav^d
General
Lcdlic.
W.
O.
Auditor.
Storre
1: C
All "fiei.ts and
Agent. J. P. Nouree.
Vi<.neral Ticket
Edward."
unt 1 ether«mDlovec8 in the employ of the Receiver will bo continued
on the evenclosed
be
will
of the Receiver
ise Ksed. The aWtn.ts
will be made
remittances
and
repoits
and
1880.
30,
Bcpton.bor
ing of
Mich., for account of
thercaflir to the proper officers at Kiist Saginaw,
U. C. POTTER, General Manager.
the nc'v oiganizatiou.
International & Great NortUcrn.-A dispatch from PalesOctober 2, says : "Yesterday the purchase of the
October
1
880, under
tine, Te.xas,
Henderson & Overton Railroad by the I. & G. N. Company was
consummated, and that road will hereafter be operated by the
This branch, when
pre.sent management of the I. & G. N. RH.
extended a few miles south of Henderson into the pine forest,
the Internawill be an important division to the main line of
The Manhattan Company also has on hand $150,000 second
mortgage bonds of the Metropolitan Company unhypothecated,
but it is intended to use $30,000 of these bonds as security for
a new loan of $20,000 for construction purposes. The Manhattan Company can call upon the Metropolitan at any time for
$310,000 second mortgage bonds.
There have been only
$55,000 Metropolitan second mortgage bonds marketed.
Mr. F. E. Worcester, Secretary of the Manhattan Railway
Company, at the request of Mr. Cyrus W. Field, furnished the
—
following statement of the busine.ss of the elevated ruads for
the fiscal year ending Sept. 30, 1880, September being partly
estimated.
Passengers carried by each line during the year eaded Oct. 1,
1880:
Second Avenue— 7 months
4,726,779
Sixth Avenue
21,222,436
tional."
LouisTillo
ville,
Oct. 6,
NashTille.—The press dispatches from Louisgive a report of the annual meeting of the stock-
&
aiinual
holders of the Louisville & Nashville Railroad. The
President
report for the year ending June 30 was submitted by
Newcomb. The number of miles of road operated to date of
has been
last annual report was 970, since which period there
acquired by purchase and lease about 1,400 miles, making a
Nashtotal of nearly 2,400 miles operated by the Louisville &
The road earned a net profit for the year of
ville Company.
about 17 per cent, and paid a cash dividend to the stockholders
of 8 per cent, after meeting all expenses and fixed chaises upon
the entire system. President Newcomb recommendea the extension of the Louisville & Nashville Railroad system into
Arkan.sas and Texas. The report states that negotiations are
now on foot looking toward securing an independent route into
these States. The net earnings of the whole line operated for
the fiscal year 1878-79 were $2,231,771, or 41-43 per cent of the
gross earnings. For 1879-80 they were $3,227,643, or 43-41 per
cent of the gross earnings.
The following directors were unanimously elected for the ensuing year: H. Victor Newcomb, E. H. Green, E. P. Alexander,
Geo. C. Clark, C. C. Baldwin, Clarence H. Clarke, B. F. Guthrie,
$1,270,000
Total Metropolitan lines
Tliird
25,949,215
Avenue
29,549,515
5,341,940
Ninth Avenue
-
Total
New York
34,891,455
lines
Total aU lines
00,840,670
Allowing for estimated transfers at Chatham Square, the
traffic
was distributed as follows
24,308,715
Metropolitan lines
The following
:
New York
|
lines
36.533,955
an estimate of the business of the Manhattan Company during the year:
•
is
Third Avenue
Ninth Avenue
Total
New York
Second Avenue
Sixth Avenue
Earnings.
Expenses.
$-.',205,176
387,489
$1,120,200
307,000
Ket Earnings.
$1,084,970
80,489
$2,592,665
$325,733
1,695,501
$1,427,200
$247,300
959,200
$1,105,465
$78,433
736,361
•
Total Metropolitan... $2,021,294
The
$1,206,500
$814,'',94
thus seen to be $1,980,259; but
by the estimated transfers at Chatham Square, the net earnings
would be changed by 165,700.
total net earnings are
$749,094
Metropolitan lines
1,231,165
George A. Washington, Henry C. Murrell, Logan C. Murray and New York lines
Joseph T. Woodward. The following oifieers were re-elected for
Total net earnings, all lines
$1,980,259
the ensuing year: H. Victor Newcomb. President; Edward H.
After the payment of interest on the bonds, the companies
Green, First "Vice-President; General E. P. Alexander, Second
Vice-President; Willis Eanney,Secretary; A. M. Quarrier, Assist- would have earnings applicable to the payment of dividends
ant Secretary. President Newcomb announced to the directors on their stocks
$205,344 New York
$636,105
that because of continued ill-health he desired no longer to Metropolitan
He hoped his resignation would be
officiate as President.
These were equal to 9 79-100 per cent on the stock of the
accepted at as early a date as possible not later, he trusted, New York Compaiiy and to 3 16-100 per cent on that of the
than December 1. A committee was appointed to take action Metropolitan Company. Mr. Worcester estimated the net
opon his resignation. It is Mr. Newcomb's desire that Mr. E earnings of the Manhattan Company for the year to be $1,980,H. Green shall succeed him. A recommendation that the present 000, and the deficiency to meet fixed charges for the same tim»
stock of the Louisville & Nashville RR. be increased by a to be $478,750, against a surplus brought over Oct. 1, 1879,
dividend of 100 per cent was adopted.
of $582,466.
On October 7 the board of directors adopted the measures
The difference between this deficit and that published yestervoted upon by the stockholders to increase the capital stock 100 day upon the authority of Mr. Field is said to aris^ in part from
per cent and to distribute the new stock to the holders of including in the payments for the year the accrued intere.st on
:
|
—
—
stock at the next closing of the stock books, which has been 'the f ufided debts of the companies at the beginning of the fiscal
fixed for November 13.
year (Oct, 1, 1880.) In this statement the interest payments for
Manhattan Elerated. Mr. Cyrus W. Field has apparently fifteen months were taken from the revenue for twelve months.
become di.ssatisfied with the reports circulated about the earnMissonri Iowa & Nebraska. A despatch dated Centreville,
ings and resources of this company. He has furnished for Iowa, October 1, says " The United States Circuit Court, Judge
publication a statement made up by Mr. Body, the Treasurer, Low, has to-day enjoined the Chicago Burlington & Quincy
which shows a large deficit for the year ending September 30, Railroad from trespassing upon the surveyed line of the Iowa
1880, after paying the interest and guaranteed dividends on the Missouri & Nebraska Railroad, and from hereafter interfering
stock of the leased roads.
The tigures are as follows. On with their extension. Contracts to build the extension of the
October 1, 1880, after the payment of $325,000 quarterly divi- Iowa Missouri & Nebraska Railroad will be let to-day."
dends of 2}^ per cent on $13,000,000 stock, the Manhattan ComMissouri Kansas & Texas. Statement for the eight months
pany had cash on hand of $318,549. The amount of accrued of the year
interest on bonds guaranteed by the Manhattan Company was:
$2,056,710
Gross earnings from January 1 to August 31,1880
On New York Company first mortgage
Gross eanilugs from January 1 to August 3 1 1879
1,807,808
$148,750
—
—
:
—
:
,
On Metropolitan Company first mortgage..
On Metropolitan Company second mortgage
162,000
Deflclt
$5,401
150,000
Add September pay rolls unpaid
Total deficiency
The
results of the business
^ .
of the
Increase in 1880.
13,200— $323,9.')0
company
Operating expenditures*
Renewals
Improvements, rentals and equipments
.$141,014
for the fiscal
i
Totals
Increasein 1880
1880.
,254,561
23 4,674
280,275
227,611
146,668
$1,769,512
325,179
$1,444,332
year ended September 30, 1880, are shown by adding to the Ratio of expenditures to earnings first eight months,
18T9
above deficiency the cash on hand October 1, 1879, viz.: $582,Ratio of expenditures to earnings first eight months,
466, making the total deficiency for the year, $737,867.
1880
It is also stated that the Manhattan Company owes the Net proceeds for the first eight months, 1880
following sums borrowed on construction account 'on ten-day Not proceeds for the first eight months, 1879
:
notes
Lender.
Jose I'. Navarro
J08« F.Navarro
Park Bank
lAjau A improvement Company
Total
_
The
bonds
Face value
of collateral
Loans.
$B00,000
88 OOO
200,000
100,000
jiletlf/ed.
$988,000
$1,303,000
$900,000
98,000
220,000
160,000
collateral pledged in these loafis consists of the following
in the po.ssession of the Manhattan Company for
con-
struction purposes, the market value being affixed in the table.
To Jose F. Navarro ($000,000) 900 second mortgage Metropolitan bonds at 90
SSIOOOO
ToJoseP.Navaiio ($88,000) 98 first mortgage Metropolitan
'
bondsatioaig
To P.irk Bank ($200,000) 220 first mortgage M^troMiiVan looooo
iwnda at 102111
^^
22-5,000
'
Increase in 18S0.
*
$8 J 8,901
1879.
$1,070,0.>2
80 per cent
6623 per o^nt
$888,198
363,476
$523,721
,
Does not include taxes.
—
Missouri Paciflc. At a meeting of the directors of the Missouri Pacific Railway Company held in New York October 1,
the following statement of the business for the current quarter
was presented, and a quarterly dividend of 1^ per cent was
declared, payable October 15
Oroas earnings.
Expenses. Net earnings.
$539,637
$255,235
$284,422
July
547,'298
306,1-23
241,174
August
270,000
503,830
228,874
September
:
Totals
Net earnings three months
Interest charges, taxes three
Leaves
$1,590,830
months
$836,359
$754,421
$754,471
386,872
$367,59
:
October
One and
THE CHRONICLE.
9, 1980.]
oneliair per cent of dlvldeud on i?12,416,000 stock... $186,210
$181,359
Suiplusfor the quarter
The consolidated company is made up of the following roads,
SouthTiz Missouri Pacific, Kansas City & Eastern, Lexington &
ern, St. Louis Kansas City & Arizona, and Kansas City Leavenworth & Atchison Railroad and the St. Louis & Lexington Rail•
road. The total mileage of the now company and the bonded
Total mileage, 691
debt and capital stock are as follow;)
:
miles; total bonded debt, .?19,261,000; capital stock, $12,416,000.
The ofHcers of the new company are: Jay Gould, President S.
H. H. Clark, Vice-President ; A. H. Calif, Secretary and Treas;
urer.
Oregon Paciflc— One of the prominent railroad enterprises
of the day is the Oregon Pacific. The prospectus of the company has recently been issued, and copies may be obtained at
the office of the New York, New England & Western Investment Company, the financial agents. A very ^ood summary of
the New York
the history and plans of the company is given
m
Times aa follows:
" About seven years ago a charter was granted to the Willamette
Valley & Coast Railroad Company, and to aid in Us construction
the Legislature gave it a laud graut of ulue hundred thousand
selected acres on both sides of the military road, from east to west,
across the entire centre of the State, together with all the tide and
marsh lands in the County of Beaton. This includes forty miles of beaeli
and the waler front of the two great bays known as Alsca and Yaqulna.
The company was also grante I imninnity from taxation for twenty
years. At present abiut ton miles of line is finished, from Corvallis, on
the Willamette River, westward. Recently the project was taken up by
Eastern cafiltallsts, and the Oregon Paeino Railroad Compauy was
formed. This has absorbsd the Willamette Valley & Coast Railroad
Company, with all its rights aud franchises, and it is proposed to go to
work at once and ttnish the line from Corvallis to Yaquina Bay, a distance of si.ity miles, and to construct seventy miles from Oorvailis eastward, the entire 130 miles to be equipped and in running order l)y September 1. l:iSl. A line of steamers will then be put on to run from
Yaquiiia Bay to 9 in Francisco. Congress at its last session made an
appropriation to d;e-.neu the entrance to this harbor, whii^h is said to be
of ample extent to aflford shelter to the navies of the world. A corps of
Uniteil States coast surveyors are at present engaged iu surveying the
harbor, and under date of September 10 the engineers report the disooverv of a new channel at the south side of the bar. whinh afTords, at
low tide, a depth of fourteen feet of water, with a mean tide of seven
feet, making twenty one feet of water on the bar. This will afford an
entrance for any vessel that can enter the mouth of the Columbia River.
" The intentiou is to carry the line eastward aloug the military road
through the Sweet Home Valley and Miuut Jefferson Pass, claimed to
be tile only accessible pass iu the Cascade Range. Another advantage
Is that the pass has an elevatiou of but 3,500 feet, less than halt that o(
the summit passes of the Union and Central PaciHo Railways. The
eastern terminus is to be Boise City, iu Idaho. A branch will run
from a point near the inter&ectiou of the Crooked, Squaw and
direction
to
Umanortheasterly
a
Des Ctintes rivers, in
tilla on i he Columbia River, where connection will ^be made with the
Oregon Raihfay & Navigation Company's mam line. Another branch
will run from a point near Silver City southerly to Wluuemucca on the
Central Pacific Railroad. The length of the main line and branches will
be about 000 miles. The projectors say tliat they intend to fix tlie rate
of freight on wheat from the Willamette Valley to San Francisco at $3 50
per ton, and to cut down passenger fares also to one-half the amouut
now charged by the monopoly. They assert that they will be well able to
afford this. An immense revenue is expected from the lumber district at
the foot hills of the Cascade Rauge. The early completion of the extensions of the Chicago Burlington & Qiiiney aud Chicago & Northwestern
lines to Boise City is also looked forward to, thus practically adding two
more
traus-contiaeutal routes to the transportation facilities of the con-
tinent."
The New York New England & Western Investment Company, as financial agent, are now offering $3,250,000 of the first
mortgage six per cent land grant sinking fund gold bonds of
this company, the subscriptions to which will be payable in instalments, beginning with the 10th and 25th of November.
Oregon Railway & NaTigation Company. The gross and
net earnings for September, 1880, are reported as follows
—
:
River Division
earnmqs.
$2i)l,66-2
.^19 1,000
85,000
43,0u0
43,000
33,000
$423,662
$270,000
196,117
Ocean Division
Railroad Division
Totals
Net earnings September, 1879
Increivse in
1880
Pnllmnn's Palace Car Company.
Nei
Gross
earnings.
—In the United
cuit Court at Baltimore, in the case of the
?73,b83
States Cir-
Pullman Palace Car
against the Baltimore & Ohio Railroad Company, the
hearing of the motion for a preliminary injunction to restrain
the defendants from an infringement of the patents of the
Company
to October 21 ; and it was
further ordered that the defendants file their answer and affidaTits on or before October 16.
Philadelphia & Reading.— The Receivers of the Philadelphia
& Reading Railroad Company and the Coal & Iron Company
gave notice that they would pay 10 per cent of the first million
of Receivers' certificates, bearing 6 per cent, on the 5th of
October ; and make another payment of 10 per cent on the
same issue of certificates on October 12, 1880. The first million
of certifieates issued are 6 per cents and the last million 4 per
Pullman Company was postponed
cents.
—
Toledo Belphos & Burlington. The last rail of the gap
between Holgate and Grand Rapids, on the Toledo Delphos &
Burlington Railroad, was put down October 3, giving a continuous line from Toledo to Warren, a distance of 175 miles. From
Warren the track is laid to Marion, a distance of eighteen miles,
thus increasing the length of the line to 193 miles. From Marion
to St. Louis a large portion of the road is completed, and nearly
the whole of the remaining gap not yet completed is under
contract, and work is being pushed as rapidly as possible.
Toledo Peoria & Warsaw.— Mr. A. L. Hopkins, Receiver of
this company, filed reports lately for the months of May, June,
July, August and September, which are in brief as follows
:
383
BECEIPTB.
Cash on band May 1
$1,913
May earnings
June earnings
July earnings
Aiik'nst earnings
Septeinl)er oarutngs
103,276
153,257
190,157
188,426
lt>0,Qi9
$879,690
Total
UISUUK8EHENT8.
For
For
For
For
For
May
$125,135
Juno
143,91)4
July
134.388
129,237
August
September
110,837-
031,703
Balance on hand October 1
$227,807
Union Paciflc. The earnings and expenses of the Unioa
Pacific Railway for July, 1880, were as follows
•
Oroas
Operating
Ntt
—
earnings.
Union Division and branches
Kansas Division aud branches
Totals
July, 1879—
Union Division and branches
Kansas Division and branches
Totals
. .
expenses.
$35)8,277
$1,068,937
530,345
$1,070,060
223,618
$2,199,283
$903,009
$1,294,278
$1,212,983
421,507
$574,391
261,769
$038,.'591
$1,631,491
$836,160
$798,330
$501,792
Total Increase
eamingg..
306,732
159,738
$495,948
$68,849
Ri-;cArrTnr,ATiOK.
Increase In Union Pacific and branehea
Increase in Kausas Pacifio and branches
$132,068
03,875
,
$195,943
Total
Louis & Paciflc—Toledo Peoria & Warsaw—
Missonri Iowa & Nebraska. The Toledo Peoria & Warsaw
and the Missouri Iowa & Nebraska railroads have ceased to
exist as independent corporations, and will hereafter be known
as the Peoria & Iowa Division of the Wabash St. Louis &
Pacific Railway Company, as appears by the circular issued bjr
General Manager Gault of the Wabash
" The Wabash St. Louis & Pacific Railway Company will take
possession of the Toledo Peoria & Warsaw Railway Oct. 1, under
a lease made between the two companies. From and after this
date it will be operated as a part of thLs road, and, in connection with th-? Missouri Iowa & Nebraska Railway, will be called
the Peoria & Iowa Division. Mr. W. F. Merrill has beea
appointed General Superintendent of this division, in charge of
Wabash
St.
—
:
the operating department.
be at Peoria."
Until further notice his office will
Western Union Telegraph— American Union.—The argnment of the suit at St. Louis between these companies was
referred to last week. The decision was rendered on Oct. 2,
" We are botn of the
and Justice Miller says in his opinion
opinion that the railroad company has the right, as it always
:
had, to the exclusive use of the first wire on the telegraph
poles, and we are of the opinion that, as the matter stands at
this stage of the proceedings, the company should have the
right, pending further litigation of the case, to use that wire
not only for the ordinary business of the road, but for the purpose of transmitting commercial and paid messages for the
public in general ; that it has no right to interfere with the
Western Union Telegraph Company in the use of the other
two wires for purposes of carrying all messages of whatever
class it may choose to carry over those wires, and that it is
p-oper that an order should be made which shall stand to represent this principle." The following is the text of the order
entered by Judge Miller of the United States Circuit Court.
This cause having been fully heard upon motion of defendants to
dissolve or moilify the iujunotion hereinbefore allowed, it is ordered
that the said iujuuction be amended and modified so ,as to stand and
read as follows— to wit: It Is ordered that the said defendants, and eacli
aud all of them, and their several servants, agents and employees. b«
severally enjoined aud restrained until a final hearing of this cause fi-om
in any manner outiiug any wires heretofore used by complaiuant along
the railroad described in the bill, and from i-uuuing of them into tho
otiico or otllces of the defendants, or .any of them, and from hindering or
obstructing or interfering wiih the complainant in the management o*
its said lines of telegraph as it has heretofore existe 1, and now exists, and
f loui diaconuectiug said wires from the otfices or batteriesof complainant,
or attaehlDg them or any of them to any other or different ofliccs or batteries. Provided, however, tliat uothing lu-rein shall prevent the respondent;,
the Union Pacifio Railway Comoauv, from transacting by tho use of its
own batteries paid or commercial business over its one wire nowAnd provided, further, that not
erected along said line of telegraph.
more than one additional wire shall, pending this suit, be erected by
complaiuant and the respondent, the Union Pacittc Railway Company,
mav complete tho erection of a fourth wire, now partly erected, 10 ba
used only for its own, and not for commercial or paid business, and.
with this exception, no addilion.al wires shall be erected or appropriated
by cither party until the final determination of this suit. It is further
ordered that the respondent, tho American Uuiou Telegraph Company,
have leave to file an answer and cross bill herein, and that the respondent, the Uuiou Pacifio Railway Company, have leave t'> amend its
;
auswer.
Western Union Telegraph.— The
Sam0bl
F.
Miller.
WM Street News reports
the following as an authentic list of the Western Union proxies
held by President Greene in the Vanderbilt interest (500 share
lots and over): Agnew, 1,200 shares; Barger, 2,00>; J. H.
Banker, 1,500; Baylis, 1,000; Beams, 2,100; R. Berry, 1.500;
Bishop, 3,700; H. Carey, 3,000; Cronise, 1,500; Crawford, 3,500;
Duff, 17,000; Durkee. 13,500; Freeman, 12,000; Greene, 1,000;
W. G. Hunt, 8,000; Knickerbocker, 2,000; Laidlaw, 10,000; D. O.
Mills, 12.000; E. C. Martin, 2,500; E. D. Morgan, 9,000; L. P.
Morton, 2,000; F. A. Munson, 10,000; Phelps, 3,000; Pullman,
3,000; E. D. Morgan's brokers, 7,000; Sidney Sheppard, 6,500;
Amasa Stone, 4,000; the Vanderbilt family. 70,000; S. W.
Boocook, 3,000; Vermilye & Co., 6,000. Total about 310.000
shares. There are also a large number of additional small.
proxies held by Mr. Greene, aggregating about 45,000 shares.
-
:
THE CHRONICLR
384
l^lxc
KPI lOMK.
The following is a statement of the stocks of leading articles
of domestic ana foreign merchandise at dates given:
1879.
1880.
bbU.
Pork
Beef
Lard
t08.
and
bbls.
tcs.
Tobacco, foreign
Tobacco, domestic
Coffee, Rio
Coffee, other
Coflbe, Java,&o
Sogar
Sugar
Biurar
I^Uido.
Holaaaes, foreign
Molasses, domestic
bales.
lihds.
bags.
bacs.
mats.
hhds.
boxes.
bags, &c.
hhds.
hhds.
bbls.
Bides
Cotton
Bosln
No.
bales.
bbls
Spirits turpentliie
bbls.
bbls.
Tar
bags,
I
domestic
Linseed
oe,
bbls.
and tcs.
bag%
Saltpetre
bags.
bales
bales
Jute
Jtitebutta
"ihemp
The past week in the
by a sharp advance
bales.
41,882
3,900
53,967
23,410
44,505
78,933
74,455
138,841
110,142
9,364
825,000
6,686
2,100
2,500
185,600
68,358
46,551
2,375
Oct. 1.
30,194
3,359
17,875
22.418
48,762
129.146
40,100
138,533
90,668
13,065
804,000
7,284
3,931
2,000
217,000
46,805
49,507
1,800
723
417
5,970
1,600
52,600
9,500
5,000
63,500
34,068
5,300
2,100
53,477
9,500
5,400
59,100
26.000
XXXL
Friday, P. M., October 8, 1880.
Crop, as indicated by our telegrams
from the South to-night, is given below. For the week ending this evening (Oct. 8), the total receipts have reached 199,094
bales, against 172,331 bales last week, 136,413 bales the previous
week and 103,695 bales three weeks since; making the total
receipts since the Ist of September, 1880, 693,758 bales, against
580,847 bales for the same period of 1879, showing an Increase
since September 1, 1880, of 112,4'.l bales. The details of the
receipts for each day of this week (as per telegraph) are as
The Movement op the
FaiDAT NioHT, Oct. 8. 1880.
The political excitement growing out of the approaching
elections has become Terr great. Old observers say they have
never seen so mach feeling in mercantile circles. Of course,
business suffers to some extent. Manufacturers are active,
But the season will
however, and general trade is very fair.
have nearly passed when the elections are held, and the influence of political matters will therefore hardly be overcome this
autumn. The weather is excellent. There are no longer comphiints of drought nor excessive rains. Light frosts are reported, but it is believed they have done no serious injury.
Sept. 1.
[TOL.
COTTON.
(^ommtvcml %imc$.
*;(^vlxVlfciRCJlAl,
goe.E.
.
Oct. 1.
69,104
146
123,826
l.'i.789
50,694
46,214
26,827
42,389
65.365
24,823
519,000
2,474
1,359
4,000
43,990
75,208
30,642
2,515
4.807
6,400
12.250
2,107
18.900
14.033
follows
:
Reeeipts
at—
Sat.
Iton.
T«e».
Wed.
Thurt.
F)-i.
5,404
3,400
5,663
9,727
1,950
7,155
7,200
1,546
7,677
5,267
1,528
4,839
4,941
1,084
3,700
Savannah
7,154
8,943
7,554
5,154
8,082
7,305
1,962
3,408
3.686
6,668
Brunswick, Ac.
Oalveston
830
850
2,642
4,898
1,450
2,251
1,445
1,582
14,268
527
527
Tennessee, &o..
Florida
1,576
749
891
1,311
1,124
1,374
7,025
Wilmington
1,250
940
1,173
636
1,023
431
571
474
5,613
4,812
4,689
6,064
4,368
3,765
6,361
8.850
30,059
8.850
Kew Orleans
. .
Mobile
Charleston
Port Koyal, Ac.
ludianola, <&o...
Moreh'daty,&c
Norfolk
City Point, &o..
Totals this
Total.
39,844
11 470
32,442
3,686
43,855
431
474
week 31.901 39,051 33,555 25,374 25,164 44,049 199,094
we continue our usual table showing this
week's total receipts and the totals for the corresponding weeks
of the four previous years
For comparison,
:
B»c*ipUthU\»'hal—
1880.
New
39,844
11,470
32,442
3,686
43,555
14,268
527
7,875
431
6,087
30,059
8,850
Orleans
HobUe
Port Royal, ibo
Savannah
32,381
10,171
23,265
19,617
10,301
19,242
12,191
3,935
32,908
42,416
17,147
20,580
2,388
30,741
16,108
89
8,686
1876.
1877.
1878.
1879.
419
496
480.
39,411
22,272
31.714
19,123
18,000
16.907
1,075
2,864
provision market has been character205
699
and a heavy speculative move- Indlanola,&o
350
6,870
ment. Pork has not been as strong, though at times a fair Tennessee, &o
128
342
business has been reported. In fact this market has been but Florida.
377
509
the reflection of those West. To-day pork on the spot was North Carolina
4,629
4,401
5,763
5,358
quite active at $16 for mess October contracts quoted at $16@ Norfolk
9,061
34,386
20,142
18,855
fl8 ; November, $12 50@$13 80 bid and asked. Lard advanced City Point, &o
755
1,398
6,333
4,306
7^c. per 10» pounds, but at the close the tone was slightly
109,264 136,074
Total this week...
148,158
199,094 169,408
irregular ; prime Western sold on the spot at 8-80c., and to
arrive from the West, 8-72?6c.; October contracts realized 8-72^
Total since Sept. 1.
692,758 580,347 525,606 202.375 480,205
@8-76c.; November, 8-52^@8-60c.; December, 8-37>^@8-47J6c.;
seller year, 8-37?6@8-40c.; January, 8-37>6@8-45c.; February,
The exports for the week ending this evening reach a total of
8"47^c.; seller six months 8-35@8-42)^o.; refined to the Conti- 132,009 bales, of which 108,500 were to Great Britain, 9,555 to
nent, 9'lOc. Bacon has declined and sold at the close at 8Mc. France aud 13,954 to rest of the Continent, while the stocks as
on the spot, 7-65c. at the West, and 6%o. for December at the made up this evening are now 353,081 bales.
Below are the
West. Cut meats are unsettled. Beef hams are quiet and exports for the week and stocks to-night, and a comparison with
without quotable changes. Tallow quiet at &%a. for prime. the corresponding period of last season.
Butter is about steady, but cheese closed weak and dull.
STOCK.
We«k
KXPOETKD TO—
Total
Same
Rio coffee has continued to decline, and the closing quotation
this
Week
ending
Oontir
Great
for fair cargoes is 14c. there has been little business. Mild
Week.
1879.
1880.
1879.
Oot. 8.
Britain. France. }ienl.
grades have been dull and weak, and to a great extent
nominal. The supply of both Rio and mild has been liberal. N. Ori'ns
20,623
30,544 71,493 85,177
18,257
2,366
Rice has been in pretty good demand at a shade easier prices. Mobile.
12,674 11,278
4,025
4,025
Molasses has been very quiet for all kinds, and prices have been Charl't'n
5,743 60,990 38,315
16,748
7,189
4,200
23,137
for the most part nominal; 50-degrees test refining ha-s latteriy SavanOi.
13,424 72,229 61,060
34,206
28,306
5,900
been quoted at 28@30c. Raw sugar has sold freely within Glalv't'n18,133 28.380 41,885
10,413
14,217
3,804
a few days at a further decline in prices. The stocks con- N. York.
9,769
28,555 53,211 48,147
50
9,819
tmue large and refiners have a considerable supply of their Norfolk- 11.765
13,745 30,104 16,114
11,765
own importation a.s well. Fair to good refining muscovado is Other*..
9,217
9,217
7,603 29,000 18,000
quoted at the close at 7@7Mc., and 96 degrees test centrifugal
at 8c. Refined has been irregular and lower, with
Tot. this
trade slow
most of the time. The reduction in the refin«rs' product of
week.. 108,500
9,555 13,951 132,009 117,717 358,081 319,974
one-third has failed to have the desired effect in
stimulating
Tot.slnce
trade and causing an advance in prices; and Louisiana
suirar .SeiiT. 1.. 288. S6S 46.442 33,768 371,078 222,000
wiU soon crowd soft yellow refined out of the Western
markets
rtie exports this week unfertile head of "other ports" include, from Baline market for Kentucky tobacco has been quieter, and
the more. 3.54'.i b^les to Live rpool from Boston, 3,747 hales to Liverpool tram.
Philadelphia. 1,928 bales to Liverpool.
Mies for the week are only 500 hhds. about equally
divided
between the export trade and home consumption. Prices
J'rom the foregoing statement it will be seen that, compared
howwith the corresponding week of last season, there is an inereciM
*!"''* ^™'' '"^8 are quoted at 5@6>6c.;'
leaf,
Slf/j
'"^t"'
7@14c The movement in seed leaf has again been liberal,
and in the exports this week of 14,363 bales, whUe the stocks to-night
sales for the week aggregate 2,885 cases, as follows:
1,400 cases are 38.107 bales more than they were at this time a year ago.
croR' Pennsylvania, 8@21c.; 950 cases 1879 crop, New
In addition to above exports, our telegrams to-night also glT«
Eng}^^A
land
10)6@35c.; 85 ca-ses 1879 crop. State, part; pSvate
as the following amounts of cotton on shipboard, not cleared, at
and 1^; 400 cases 1879 crop, Ohio, 7^@llc^i ancf 50 clsesterns
add also similar figures for New York,
1™9 the ports named.
^'"'*** *^'™'' ^^° ^°° ^"^^ VLa.ya.na, fiUers, which are prepared for our special use by Messrs. Gare> Yale ft
82^ @$TT5°''^*°'
Lambert, 60 Beaver street
ized
in lard
;
;
;
:
We
,
Naval stores have had a good movement, at materially
higher
pnces. Rosins have sold largely for export at
$1 60@$1 65 for
stwmed to good strained, and spirits turpentine
closed at 42@
42>6c. Petroleum also has advanced, and
to-day a fair business
was reported at 12>gc. for refined, in bbls.
Crude certSes
closed stronger at 99%c. Metals have
had a better btSness
owmg to some irregularity in the Values
for pig iroT both
American and Scotch, many speculative lots have
geen thrown
">ajket
Ingot copper steady at 19Mc. for Lake
Wool
^t^^ and moderately active.
steady
In ocean freight room a very good
business in grain vessels
'''''' ^^^« *^--^^
'r^e^lVeX^ier '
On
OOT. 8,
AT^
Britain.
(few Orleans
Mobile
OnArleston
Savannah
aalveston
Sew York
OtJ"
^^^^
>orts
Shipboard, not cleared^-for
Leav*t^
Great
3,179
1,000
3.700
9,500
7,920
3,000
8,000
France.
Other
Ooast-
Foreign
wwe.
5.592
None.
2,854
None.
500
225
2,321
1,000
4,911
None.
None.
1,000
1,000
600
Total.
11.8S5
1,000
9.246
14.600
13,056
* 5.300
14.000
260
None.
2.723
3.000
None.
None,
5,000
11 674.
36,299
7,317 12,686 10,985
68.987 289.094
ided in this amount are 1,700 bales at presses (or foreign ports,,
tuatiou of wliioh we cannot learn.
j
th'^
59,60»
51.744
57,729
15,324
47,911
45,104
«au
1
.
8
«
..
.
OcroBBK
'
THE CHRONU'Lh.
9, 1880. J
The following is our usual table sliowlntr the moveineni of
«otton at all the ports from Sept. 1 to Oct. 1, the latest mail
date:
BXPOSTED BINOB SBPT.
KECBIFTS 8IMCE
gBPT.
POBTS.
1.
Mobile
Chor'n'
Bay'h..
Galv.*
448
562
Jf.York
Florida
H. Car.
•Horfk*
Other.
15,912
79,468
13,218
Thlayr.
493.661
D
3
g.
•
Z
6,679
26,021
36,123
11,218
63,683
49.357
10,475
60.272
71.576
35,280
46,805
1,100
1,444
15,345
23,304
6,292
21,491
10.000
61,931
1,444
180,368
36,887
21,814
239,069 311,548
91,234
4.784
8,235
104.253 293,919
0.3
g-q;
week has been moderately
have not varied so widely as usual, though
showing some degree of irregularity. The opening on Saturday
Monday and Tuesday mornings saw brisk
last was weals.
advances on the better accounts from Liverpool and the reported
return of wet weatlier in the Mississippi Valley, which brought
out an active demand to cover contracts. Fr im Tuesday afternoon to the close of Wednesday prices were declining, but tliere
was a prompt recovery on Thursday, favored by an improvement
in Liverpool, in the face of weak Southern accounts and gener
To-day, on reports of frost at the South,
ally good weather.
there was a furtlier advance, the distant months selling at the
active, but
Is
ri:
00
00
oc
e
OD
I
SO
o- 01
03
'§§
1
;^8
£5*
00
00
to
OS
CO
(BCD
ob-i
o
1
-i-'io
00
ob-j
obob
-JOi-i
00
o
obob
obob
00
00
<6x
obob
00
06
00
I
I
I
05 -J 10
®."
I
06 =
These reductions were attended with a fair business
home consumption was moderate
To-day there was a recovery of l-lGc, middling uplands closing
at 11 5-l()C. but the extreme low grades were reduced 3-16c.
Thursday,
I
I
00
I
obobo
;
teo
00
M-K)
?S
60
?o
oo
»w
ooS
-jxo
MO
00
o»u
obco
osa.M
®.»
MrI
03
000
-;»o
':'2
!
SI*
1
S5S
I
00
s©
00 03
Sffl
00
8)^
So
00 OS
I
OOo
i:s
10
ooS
00
Sir
I
b§
00
r
QDobO
eio
00
©a
S.-
00
00
abcjb
fas,-,
week but the close was dull. Cotton on the
on Monday and l-16c. on Wednesday and
spot declined ^c.
I
?
I
prices
best prices of the
*
I
I
speculation in futures the past
'I
ills iIe?
o.
r
1
i
Point. *o.
un
5>
p.-
*
Port Royal, Ac. under the head ol
bead of CharUvton ts laoladed
....--.
~ Under the
_^_; Indianola, &o.; under
thu bead of• l/,^,;'otk is LDoluded CIc
ffalVMton
la tnoluded
The
^
*
S£.J
Total.
4,600
6,989
3,570
5,257
00 •
Stock.
2,447
26,616
15,345
22,201
410,939
lAnt year.
Q5?§
igi
21.421
29,134
7,648
51,743
1,731
12,125
48,931
8.846
35
TO—
1
Other
France. Foreign
32,868
67,190
29,673
59,780
102,313
71,042
9,278
63,173
21,508
98,009
129,394
71,473
4f.Orlii8
Great
Britain.
1879.
1880.
385
for export, but the trade for
MO
The
total sales for
M03
00
MtO
S«
MMa,
IJ.CI
ooo
Oi^.
,
I
IS*.
Si*-
MM-.q
forward delivery for the week are 612,700
free on board.
For immediate delivery the
I
I
^o
bales, including
total sales foot up this week 6,930 bales, including 3,285 for
ex'jort, 3,645 for consumption,
for speculation, and
in
transit.
Of the above, 3,040 bales were to arrive. The fol
lowing are ilie official quotations and sales for each day of
QDO
O
coco
coco
OKI
the past week:
com"=
*-o
UPLANDS.
Sat. ITIOU Tue«
Oct. 8.
8%
Ordln'y.iSlb
8=9
gie
BtrlotOrd..
914
lOie
8tr.
Ord 1012
Low Midd'n 11
Btr.L'wMld III4
.KlddliiiR... Ilia
Good Ord
.
GM
Good Mid
H'a
G'd Mid 12^8
10^8
lO's
10%
ICS
10=8
11%
Ills
1138
1139
11=8
12
I2I4
1119
12
Mldd'g Fair 1258
121a
13ie
13'4
Wed
89lR
81a
9I18
9
910,8 9^8
Btr. G'd Ord 10=,, IOI4
Low MWd'(: 1013,8 10^
Btr.L'w Mid ll'in 11
Middling.
n^-,. III4
Qfiod Mid.. lU'lh 11=8
Btr. G'd -Mid 1116,6 H'8
Mldd'g Fair 12'',« 123a
Fair
131,8 13
.
Good Ordinary
Good Ordinary
13 14
Wed Th.
Sia
89,8
85,6
9i«
81*,8 93,8
ylXlB 101,8 10
106,8 107,8 1038
101318 1016,8
111,8 113,8 1118
a '18
ll'>16
ft,
'.'.'.'.'.v.
1218
12=8
I3I4
8=8
914
loie
1012
11
UI4
Ilia
12
ll'^s
I2I4
12i«
12=8
I314
12%
1338
Frl.
Wed
Tb.
M(S
'70
mO
I
I
to to
00
OQX
sen
I
I
s.^
MMCO
MMco
'^'TO
M130
lO*"^'
00
010
f S.*
*7ro
mmO
COD
CO to
MIO
I
s®
ocoO
CO
^05
SCO
MMo
f^o
MtoO
I
00 to
101*16
113,6
117 Is
I2I16
121,8
Il'3l6lll3]6ll%
12
121,8
129i8 129,8
1331I 133,6
121a
1318
Wed
838
9
978
10%
coco
coco
to<i
s
I
IF- CO
-J CO
®r
MM*..
s
I
I
'7*70
cotoO
^?§
If^-O
en 00
to CD
cm
I
^r-
Mr- 31
H'l-'y,
csc;i
®
I
I
COCO
S-»
I
d
GCCO
00 00
Frl.
11^8 |113l6.11l8
117i6 lll7,o 1138
89,6
9I16
93,6
9']8
91s,
101 18
91»,8
1016,6 1013,8 1013,8
81 i«
MMO
8=8
914
1018
101a
11
III4
Ilia
11^8
1218
12=8
I314
1138
nton Taes
0"0
I
938
IOI4
10=8
llie
1138
11=8
HI4
lHu
U'8
Taea
Ws
Sat.
^
Sat. iUon.
8\
8=t
lOig
IOI3
11
I
00
TEXAS.
86,8
S9l8
81a
91,8
93,8
918
101 8 101 8 10
107j6 107 8 103s
10lSl6'l01Si6'l078
1111,8 llli,8 11%
HI616 121,8 12
l'2-'l8 12«,R 121a
I3I18 133:6 1318
IJow Middling
Middling....:.
121s
12=8
1338
STAINED.
iStrlot
lllfi
ll'^a
n\
12ia
1318
Th. Frl.
•Ordla'y.^lb
BtrlotOrd.
Good Ord..
8=8
914
1018
IOI3
11
III4
938
lOH
10
113i
.
Fair
8%
869
9i|
10
im
Btr.
NEW ORLEANS.
Sat. Mon Tnea
tOK)
s.®
MMCO
M,-0
I
MO
I
I
I
o
86,6
o
00
s
I
Si
Oho
10-.,
I
I
I
00
obob
re"
-J
So
llliSl8
I
I
I
99
00
fco
910
00|_
00
99
ob*j
I
rOD
01 3s
MMOl
MMOl
Sm
Sio
I
So
'7'7'w
CJi-JO
13^16
Tb.
Frl.
8Sj8
8i8
* Includes for Aniiu.tt, 1881, 500 at
1830, for September, 621,400.
1150;
also sales iu September,
Transferable Orders— Saturday, 1100; Monday, ll'lO; Tuesday,
11-00; Wednesday, 50 85; Thursday, 11-60; Friday, 11-05.
Short Notices for October— Saturday, 10-90; Wednesday, 10-78alO-90;
Thursday, 10-87«10-90; Friday, 10-88®10-93.
8'»I8 9
913,6 97e
1011 16 10=8
The following exchanges have been made during the week:
MARKET AND
01
pd. to exch.
•27 pd. to exch.
SVLES OF SPOT AND TRANSIT.
SPOT MARKET
CLOSED.
Export.
Bat.. Dull and easy...
Mon Easy at
Tues. Easy
.
Wed.
^
dec... 1,607
Quiet at i,8deo..
Thurs Steady at % dec.
Frl.. Steady at re v.quo
Total
940
263
475
3,285
Con-
Spec- Tran-
sump. ul'fn
414
284
742
788
823
594
3.645
200 Dec. for Feb.
200 Deo. for Jan.
Thb Visible Supply of Cotton, as made up by cable and
telegraph, is as follows.
The Continental stoclis are the figures
of last Saturday, but the totals for Great Britain ar,d the afloat
for the Continent are this week's returns, and consequently
brought down to Thursday evening;hence, to make the totals the
complete figures for to-night (Oct. 8), we add the item of exports
from the United States, including in it the exports of Friday only.
BAXKB.
sit.
FHTCRES.
Deliv-
Total.
Sales.
eries.
414 95,000 3,400
1,891 114.100
1,900
86,300
900
700
1,682
1
788 124.700
1,086 91,400
1,069 101,200
6.930 612,700
The
dally deliveries fflven above are actually delivered the
"Tloas to that ou which they are reoorted.
."iOO
for Nov.
for Feb.
400
Btookat Liverpool
Stock at London
7.800
day pre
The Sales and Pbices op FoTcnES are shown by the following comprehensive table. In this statement will be found the
daily market, the prices of sales for each month each day, and
the closing bids, in addition to the daily and total sales
:
500 Deo.
300 Deo.
'
bales.
,
Total Oreat Britain st'Mk
Stock at Havre
Stock at Marseilles
Stock at Barcelona
Stock at HambUTK
Stock at Bremen
Stock at Amsterdam
atook at Rotterdam
I
|
'28 pd. to exoh.
'13 pd. to exoh.
1880.
1879.
1878.
439.000
50,900
213.000
59.334
335,000
30,500
489,900
65.900
8.640
37,900
4.200
25.600
13.600
2,390
272.334
111,250
365.500
131,000
1,169
11,949
2.300
26.541
24,422
1.883
1,750
9.000
1877.
484,000
28,250
4.2.50
512,250
170,000
8.500
61.000
12.250
28.000
32,250
6,750
29.750
10,250
54.2.50
—
—
—
1
..
THE CHRONICLE.
386
6.7ft0
981
Total continental porta
Total European stocks..
1877-
1879.
isao.
bale*.
___t at Antwerp
took at other oontrntal poru.
..
India cotton anoat for Europe.
Amer'n cottcm nlloat for Eur'pe
's.yla
175,711
"l83ic42
223.250
352,500
665,611
9 1 ,000
455.376
116,163
142,965
690,750
8(51.730
in.ooo
103.000
48.000
12f .000
Ei{ypt,Biiizil,Ac.,ftBtfi>rE'r'pe
Btocic In Uiiilwl States ports
•tock Id U. B. Interior ports. .
.
United Strtes exports toHlay..
9,750
16,500
19,000
1.M83
3.".8,0S I
5n,ii'J0
319,971
22.069
36,000
27,000
93,000
11,000
317.540
27.131
5,000
31.0(10
207,717
23.863
July 23....
"
30
Aug. 6
stocks
Anicricaininoat for Em-ope
Unltwl 8tiito«stock
Unltod .Status Interior stocks..
United Slates oxporta to-day..
OoiitliiiMital
Total American
267.000
84.000
128.000
358.081
59,626
27,000
69,000
76.000
142.965
319.974
22,069
36,000
163,000
182,000
93.000
317,549
27.131
5,000
823.707
6t)6,008
787,630
779.610
SasI liutian, BrcuU, Oe.—
l,lvcrpi«>l stock
London stock
Oontiucntal stocks
India afloat for Europe
Kgypt, BrazU, .to., alloat
Total East Tndia,
9t>tal
40
Amerloan
144.000
172.000
SO.OOO
91,711
91.000
19,000
107,012
110.463
13,188
424.611
923,707
442.027
666,008
59.3.'i4
RtcHpU at the Portt,
Week
ending—
SS.i.OOO
aua.ooo
48.0(10
207.747
23,863
172,000
30,500
43.250
111,000
11,000
249,000
28.250
87.500
101.000
31,000
367.7.=>0
498.750
779,610
787,630
1878.
1879.
1878.
1879.
1880.
13,527
11.005
14.410
56.662
1.119
2.154
3.013:
13.960
49,031
2,149
2,059
3,828
8.346
41.507
35,473
3.028
85S
6.238
13.049
11,477
410
3.402
8,982
8.691
2.519
1,890
4.843
8,390
5,999
7,403
29,864
829
2.657
2.781
21,123
43,082
6.593
7,301
27.702
5.460
18,378
4,713
9.979
61.117
102,«95
18.971
9,508
14.503
30,136
56.423
35,019
20.3'
23,896
21,770
23,550
33.0J4
4.086
8.272
13.148
3.e7i
2.505
3.945
10.359
3.0%
••
13....
"
20
"
2.....
15.784
4.875
Sept. S
"
10,...
"
17....
"
24 ...
28,75D
13.920
30,054
Oct.
"
Stock at Interior Ports Rtc'ptafrom Piaaftw.
1880.
4.057
5,009
47.431
74.855
7ll,9:(3
The above figures indicate an increase in the cotton in sight toidght of 2t0,'JS0 bales as compared with the same date of 1879,
•n increase of 19'3,838 bales as compared with the corresponding
date of 1878, and an increase of GO. 953 bales as compared with 1877.
In the preceding visible supply table we liave heretofore only
included the interior stocks at the 7 original interior towns.
As we did not have tlie record of the new interiir towns for the
four ye^irs, we could not make a comparison ia any other way.
That difficulty no longer exists, and we therefore make the following comparison, which includes the stocks at tlie 19 towns
given weekly in our table of interior stcxsks instead of only the
shall continue this double statement for a
old 7 towns
time but finally shall simply subatitut* the 10 towns for the 7
towns in the preceding table.
We
1890.
1379.
1873.
1877.
207.000
84.000
128,000
358.08
103.036
27,000
69,000
76.000
:42.963
319.974
68 913
36,000
161,000
132,000
93,000
317,519
59.323
5,000
235.000
265,000
48.000
207.747
41,831
907,167
712,832
820,372
797,633
172,000
60.900
91.711
144,003
59,334
107.042
72,000
30.300
43,230
111,000
11,000
219,000
23,230
87,300
101,000
31,000
367.730
820,372
498.7.30
American—
bales
Liverpool stock
Oontineotal stocks
Ajneriean aHoat to Europe
United Stiitcs stock
United States interior stocks..
United States exports to-day..
Tota Ameri<jan
Bast Indian, hraztl,
Uverpool 8to<:U
cfic.
Ixindou stock
Ooutinoiital stocks
India afloat for •Jm-ope
EfVPt, Brazil,
ico.,
Total East India,
Total Aiuorioau
Ol.ciOO
&o
1
16, ItiS
19,000
13,183
424.611
967.167
412,027
aftoat
712,8.32
1
797,033
Total visible jupply
1,391.773 1,151,379 1,133,122 1,296,333
figures indicate an increft,<ie in the cotton in sight to night
of 230,809 bales as compared with tlie same date of 1879. an
increase of -OJ,'?)) bales a-i compared with the correspondins (late
of 1878, and an increase of 9,'<,390 bales as compared with 1877.
These
—
At tub Interior Pouts the movetcent that is the receipts
»nd shipments for the week, and stocks to-night, and for the
oorrespouding week of 1879 is set out in detail in the following
—
statement:
Week eliding
Oct. 8, '80.
Receipts. Shipm^ls
Augusta, Qa
Columbus, Ga
Mo!it^omory, Ala
Solma, .Via'
Memphis, Teun..
MastaviUe.Teun..
10.839
4,970
3.263
«.40T
5,331
12,010
*3,594
9,706
3.583
2,519
3,424
2.633
9.166
1,673
Total, old ports.
46,970
32,738
Dallas, Texas ...
Jefierson, Tex...
Bhreveiwrt, r,«...
VickslmiK, Miss.
Ooluuibug, nttss..
Eufaula, Ala. ...
Grlffln.Oa
Atlanta, Ga
Borne, Ga.. ......
Oharlott«, N. C. .
Bt. Louis, Mo
Cincinnati, O
2,701
1,560
31
1.233
1,782
727
180
2.233
2.026
6,113
4,222
3,398
9,294
3,484
Total, new p'rts
38,322
Maoon, Ga
227
2,025
2,2!I2
Stock.
9,123
8.348
4,733
9,318
6.996
Week eiuHng
Oct. 10. '79.
Receipts. SlUpm'ts
Stock.
5,500
2.263
1,606
3.183
2,216
5,531
2,191
3,036
5.831
17,''03
.2,883
5,946
2.327
2,152
5,374
4.287
1,067
3,100
2,332
2 229
2;9i6
50,626
24,433
19,423
22,069
1,994
1,499
1,561
1,336
133
3,325
1,979
1,082
1,343
631
400
402
2.626
4,324
1.137
1,434
1,324
5,083
2,893
1,863
20,861
1,365
2,1.30
2.010
1,85«
5,193
3,241
3,091
5,673
2,803
2,442
1.900
1,117
1.424
1,470
9.983
7.427
1.660
11,639
li773
23,683
43,460
4,237
765
1,151
2.6ri.T
678
946
5,065
2,613
2,016
4,314
2,7C1
11709
993
27,136
1,913
45,016
33,310
46,344
Total, all....
85.792 61,441 103,086
69.469
* Of Which 2,000 belong to the previous two
weeks.
52.703
68.913
211
Tbe above totals show that the old interior stocks have intreated during the week 14, "212 bales, and are to-night 37,557 bales
more than at the same period last year. The receipts at the same
towns have been 83,517 bales more than the same week last yew.
RacnnFTS from thb Plantations.— The following
table is
prepared for the purpose of indicating the actual movement each
•week from the plantations. Receipts at the outports are
some-
1878.
1879.
10,21
81,701 86,206
01,009 110,358 144.007
62.207 78,733 140.320 n3,'r36
08,913 101.0.% 160.773il8fl,114
vs.ms 127,720 130.413 87,872 40.7
1....
130.990 182,313 172,221
47,208
8
I4a,153'l09.408 199.094
59,823
...
1880.
19.021
30,090
04,897
115,239
159.828
189,847
223,445-
The above statement shows
1. That the total receipts from the plantations since Sept. 1 in
in 1879 were 011,959 bales
1880 were 770,901 bales
in 1878
were 579,777 bales.
receipts
at
the out ports the past week
2. Ihat thfl
were 199,094 bales, and the actual movement from plantations
223,443 bales, the balance being added to stocks at the interior
ports.
Last year the receipts from the plantations for the same
week were 186,114 bales, and for 1878 they were 100,773 bales.
;
1,348,318 1,108.035 1.155.430 1,27^.360
visible supply
6ii,grt.
6»iai.
Oi'ie'l.
(>h(APrice Mill. Upl., Liverpool ....
non-arrival
of our cable d'spatch, wo are comthe
of
account
f^" On
pelled to repeat most of our last week's figures iu the above table.
l\>t4il
XXXL
times misleading, as they are made np more largely one year
than another, at the expense of the interior stocks.
We reach,
therefore, a safer conclusion through a comparative statement
like the following.
In reply to frequent inquiries we will add
that these figures, of course, do not include overland receipts or
Southern consumption; they are simply a statement of the
weekly movement from the plantations, of that part of the crop
which finally reaches the market through the out- ports.
RECEIPTS FROM PLANTATIONS.
1,318,318 1,108,035 1.155.430 1.278 360
Total visible supply
OX tbe »i>ove, the totals of American and otuer descriptions arc as (uUows:
AnHTiran —
Uveniool stock
[Vol.
;
—
Weather Reports by TKLKORAPn. Although it has rained
on one or more days at almost all points during the past week^
yet the rainfall has in general been slight, so that the progress,
made towards gathering the crop has been more satisfactory.
Our Texas telegrams report improved weather there, and a,
probaiiility that the crop will equal the ability of the labor to
gather it.
had showers on two days the earlier
Galveston, Texas.
part of the past week, but they were confined to the coast. The
Picking
latter portion of the week has been clear and pleasant.
—We
is
making
fine
and despite
piogress,
all
drawbacks
it
seems
probable that the State will make as much cotton as can be
Roads are greatly improved. The cause of the small
picked.
receipts this week is the strike of railroad hands at Houston.
Average thermometer 73, highest 83 and lowest 03, and rainfall
eighty-six hundredths of an inch.
{ndianola, Texas. It rained tremendously on one day the past
week, the rainfall reaching one inch and eighty-three hundredths,
but extended only a short distance inland. Picking is progressing.
Competition for labor is running up the rate of wages for pickThe
ing, and iu many sections Mexicans are being imported.
thermometer has averaged 08, the highest being 80 and the
lowest 50.
There has been no rainfall during the past
Vorsicana, Texas
week, and picking is making excel ent progress. The crop here
still promises remarkably well. Average thermometer 65, highest
85 and lowest 41.
There has been no rainfall during the week,
Dallas, Texas.
and picking is progressing. Northward they have had a frost,
but not a killing frost. Up to the present time the picking season
has been a bai one, but nevertheless we will make considerably
more cotton than last year. Labor very scarce. Average thermometer 05, highest 85 and lowest 44.
Breitham, Tecas. It has not rained here during the week, and
picking is progressing finely. Pickers iu great demand and
unable to keep up with the opening cotton. The thermometer
has ranged fiom 50 to 85, averaging 66.
Waco, Texas. There has been no rain at this point during the
The :rop of this section
past week. Picking progressing finely.
will be much larger tlian last year, if we are able to save it.
Labor scarce. Average thermometer 65, highest 85 and lowest 48.
Nev! Orleans, Louisiana. Rain has fallen during the past week
on two days, to a depth of twenty hundredths of an inch. The
thermometer has average! 73.
The weaher during the week has
Shreveport, Louisiana.
been cool and clear, and very favorable for picking. Roads in
thermomnter
04, highest 79 and lowest
good condition. Average
49, and rainfall thirty one hundredths of an inch.
Mississippi.—
It
has
rained
at this point on two
Vieksburg,
days of the past week.
It has rained during the past week on
(Jolumtms Misiiuippi.
one day, the rainfall reaching seventy-three hundreJths of an
The thermometer has ranged from 63 to 72, averaging 67.
inch.
The weather during the week, exLtttle Hock, Arkansas.
ceptiug on Sunday, has been clear. On Sunday we had a light
The
rain, the rainfall reaching thirieen hundredths of an inch.
thermometer has ranged from 46 to 79, averaging 63.
r.ain has fallen on one day the past
Nashville, Tennessee.
week, the rainfall reacUing eighty-nine hundredths of an inch.
The thermometer has averaged 64, the highest point touched
having been 77 and the low est 46.
Memphis, Tennessee. It has rained here on two days of the
week, the rainfall reaching seventy-six hundredths of an inch;
the rest of the week has been pleasant. Deficit in acreage yield
from last year approximates close to 30 per cent in Memphis
Thermometer, highest {-3; lowest 48; average 03.
district.
Mobile, Alabama. It has been showery two days, the rainfall
reachiog thirty-five hundredths of an inch, and the balance of
—
—
—
—
—
—
—
—
—
—
—
—
—
OoTonsn
.
THE CHRONKJLR
9, 1880.]
The thermometer has averaged
the week has been cloudy.
Accounts from the
70, the highest being 84 and the lowest 53.
We are having too much rain.
Monigomery, Alabama.— It has been sliowery two days of the
past week and is raining again. Plant-rs are sending their
cotton to market freely. Average thermometer 70, highest Hi
and lowest 51. The rainfall is eleven hundredths of an inch.
Mma, Alabama. We have had rain on one day, but the balance of the week has been plea«ant. Pickiog is progressing
interior are conflicting.
—
finely.
Madison, PJoHda.—lla.ia his fallen during the past week on
four days. The thermometer has averaged 67, the highest
being 70 and the lowest 65.
Macon, Georgia.— It has rained at this point on four da^s
during the week. The thermometer has ranged from 53 to 83,
387
This statement shows that the receipts since Sept. 1 ap to
to-night are now 171,5)6 bales more than they were to the same
day of the month in 1879 and 213,279 bales more than they
were trl|he same day of the month in 1878.
add to the last
table tile percentages of total port receipts which had been
received to October 8 in each of the years named.
We
India Cotton Movembnt fbom ali. Pouts.— The flgoret
which are now collected for us, and forwardel by cable eaeh
Friday, of the shipments from Calcutta, Midrai, Tutioorin. Carwar, he., enable us. In connection with our previously-received
report from Bombay, to furnish our readers with a full and
complete India movement for each week. We first give th»
Bombay statement for the week and year, bringing the figarM
averaging 67.
Columbtu, Georgia.— It h^s rained lightly on two days the pait
week, the rainfall reaching ninety-one hundredths of an inch.
The thermometer has averaged 72.
Saoannuh. Georgia. It has rained on four days, with a rainfall of two inches and seventy one hundredths, and the rest of
the week has been cloudy. Average thermometer 70, highest 80
down
Year Oreat ContiBrlfn. nent
Total.
and lowest
1880
1379
1878
1877
3,000 357.000
249.000
i',oo6 312.000
376.000
—
57.
AuguKta, Georgia.— The weather daring the week has been
and cloudy, with light rains on four dnys, the rainfall reaching thirty-eight hundredths of an inch. Picking is progressing
Averfinely, and planters are sending cotton to market freely.
age thermometer 69, highest 83 and lowest 47.
It has rained on three days the
Oharleston, South Carolina.
past week, witUf^ rainfall of ninety-six hundredths of an inch.
The thermometw has averaged 70, the highest being 80 and the
lowest 58.
The folio )r!ng statement we have also received by telegraph,
Bhowing the height of the rivers at the paints named at 3 o'clock
October 7, 1880, "and October 9, 1879.
cool
—
13
13
2
3
Below high-water mark
6
2
Memphis
Above low-water mark...
mark...
lowwater
Above
NaahviUe
Missing.
7
3
Above low-water mark...
Bhreveiiort
4
6
Above low-water mark... Missing.
Vlcksbure
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 18, 1874, which is 6-10th3 of a foot above
1871, or 10 feet above low-water mark at that point.
Orleans
. .
a'oXBAT RECEIPTS AMD SHIPMB-TTS FOB FOUB TEARS.
Bhipmenia
12
1,000
Oreat
Britain
iiUiee ,Tnn. 1.
Continent.
Keeetplt.
Total.
This
Week.
19 1 .000
3 17.000
818.000
3.000 1.08.-,,000
59(i.00O
7.001)
386.000
111.000
C08.000
2.000 865.000
2 Olhl I.OOO.OOO
787.00(1
Sine4
Jan.
1.
Hnil.OOO
According to the foregoing, Bombay appears to show a decreate
compared with last year in the week's receipts of 4,000 bales, and
an increase in shipments of 3,000 bales; and the sliipmentt Bince
January 1 show an increass of 352,000 bales. The moviment
at Calcutta, Madras, Tuticorin, Carwar, &c., (for the same week
and years has been as follows.
NOOOX AND KCRBACHCB.
OALCUTTA. madras. TOTICOBIN, CAaWAR,t
Shipments
Year.
11
—
Shipments
this week.
3,000
Oct. 9. '79.
Feet. Inch.
Oct. 7, '80.
Feet. Inch.
ew
to October 7.
Great
l.ono
2.000
2,000
The above
Snipments since January
week.
Continent.
Britain.
1880
1H79
1878
1877
this
Total.
2,000
3,000
2,000
1,000
1,000
Oreat
Britain.
Continent.
201.000
20 2,000
121.000
79,000
81.000
107,000
59.000
51.000
1.
Total.
282.000
300,000
183.000
130.000
week show that the movement from
Bombay is 1,000 bales U>» than same week
totals for this
the ports other than
Overland Cotton Spinnebs' Takinos. ^We have made arrange- of last year.
For the whole of India, therefore, the total
ments under which we expect to recsive all the overland figures shipments this week and since January 1, 1830, and for the
by telegraph the first of each month, and shall give them in corresponding weeks and periods of the two previous years, are
the Chronicle as early as they can be prepared. The Septem- as follows.
EXPORTS -ro EUROPE FROM AI,L INDIA.
ber movement, together with a review of the cotton-spinning
industry for September, will be found in our editorial columns
1879.
1880.
1878.
Shipments
to-day. We shall hope to make this monthly review of decided
to all Sarope
This
Since
This
Since
This
Since
from—
interest to manufacturers as well as to the cotton trade.
week.
week.
Jan. 1.
Jan. 1.
week.
Jan. 1.
Bagging has not changed, and Bombay
Gu.v.vy BA03, B\oai.va, &c.
3,000 818.000
596.000
1,000 698,000
but little increase is to be noted in the demand, the only trans- Ail other p'rts.
3.000 309,000
2,000 282.000
2,000 183,000
Prices continue firm, and we
actions being for present wanta.
5,000 1,130.000
3.000 905.000
Total
S,*^ 881.000
quote 10?6@lO>^e. for IH lbs., ll^-aU/'^e. for 2 lbs. and
12^@12)6c. for standard grades. Butts are moving rather
This last statement affords a very interesting comparison of the
slowly, and the market is quiet.
Holders are not anxious to
movement for the week ending Oct. 7, and for the thre*
shade quotations, and they are still asking 2>i'a2/4c-. as to total
years up to date, at all India ports.
quality, with some asking a shade above these figures.
COMPARATIVB PORT HbCBIPTS ANU DAILY GltOP MOVEMENT.
Alkxanduia Kkceipts and Shipments. Through arrangeA comparison of the port movement by weeks is not accurate, ments we have mada with Messrs. Davies, Benachi & Co., of
tLe
day
of
weeks
in
different
years
do
not
end
on
the
same
the
as
month.
We have consequently added to our other standing Liverpool and Alexandria, we now receive a weekly cable of
tables a daily and monthly statement, that the reader may con- tlie movements of cotton at Alexandria, Egypt.
The following
stantly have before him the data for seeing the exact relative are
the receipts and shipments the past week and for the corremovement for the years named. Tne movement each montli
sponding weeks of the previous two years.
Bince Sapt. 1 has been as follows:
.
—
—
Alexandria, Egypt,
Tear Begiiining September
Monthly
lieceipls.
1800,
1879.
1878.
1877.
1876.
1875.
Receipts (cantars')—
"rliig
Sepfmb'r
458,478
95,272
333,643
236,86S
169,077
06-67
02 19
0537
1880.
Tot.ScpSO
1879.
1878.
1877.
1876.
"
"
2...
3....
8.
"
4....
39,051
333,643
20,785
21,495
35,016
25,784
5....
33,555
25,374
25,161
44,019
37,355
25,809
21,335
25,800
24,369
8.
30,714
15,621
19,854
19,197
22,115
19,217
18.609
8.
521,222
450,479
183,575
Oct. 1....
"
"
"
7....
"
»....
6....
458,478
33,186
31,901
Total
692,758
Peroentag e of total
P'rt rec'Dta Oct. 8...
B.
288,818
23,599
23,28?
17,537
21,181
22,8a2
8.
95,272
13,941
236,868
9,741
12,179
10.720
12,90J
10,210
8.
363,616
Exports
A cantar is 98
286,230
1012
04-22
09 00
0083
1,500
1,203
8.000
1,357
13.606
1,793
3,000
l,00o
13,000
4,000
877
2,70;
9.357
13,40ll
4.000
17,000
lbs.
Maochester Market.
—Report not received.
1879.
1880.
8I4 lbs.
Shirtings.
32« Cop.
Twist.
d.
d.
A.
d.
e.
'
6
13
20
•'
f>\
Notre
Si6ia®97ia.
cetved.
Ootln
Mid. 32s Cop.
Uplds Iwisl.
d
d.
9>4»10l8 6 7'3®7 9
9iea 9-'e 6 7's®7 9
"
9^9 9'e 6 7»aa7 9
" 27 9>4®10 6 9 ®7 9
Sept. a 9l8» 978 6 9 ®7 9
' 10 9%® 9"8 6 9 ®7 9
" 17 9»8» 9'8 8 9 ®7 9
" 24 91*,® 97s 6 9 ®7 9
Oct.
11 9>4a o's G 7>s®7 9
Auf?.
"
10-42
750
127
Tot^ Europe
169,077
14,531
12,096
19,503
20,116
15,078
16,381
19,143
This
since
week. Sept. 1.
(bftles)-
To Liverpool..
To Continent
'
77,000
115,000
This
Since
week. Sept, 1.
Since
This
week. Sept. 1.
187.5
8.
3,.500
1
04 03
This statement shows that up to Sept. 30 the receipts at the
ports this year were 121,835 bales more than in 1879 and 109,630
bales more than at the same time in 1878. By adding to the
above totals to Sept. 30 the daily receipts since that time, we
shall be able to reach an exact comparison of the movement for
the differnt years.
115,000
200.000
2.000
week
8i»ce Sept.
Pero'taga of tot. port
receipts Sept. 30..
1878.
1879.
1880.
Oct. 7.
1.
6i3i«
6i3,„
d.
d.
8U, as.
Shirtings.
n.
d.
8.
8%»9>4 6 1J8®7
8^®9>4 6 l>a®7
lis®7
3 ®7
6 3 ®7
7li« 8783913 6 3 ®7
7a,« 878®9i« 6 3 •87
7li« 878"»9>3 « 3 »7
*
«l»10
6 3 ®7
4i<.®7
611, „l 9 3958
7'l6
7^ia
8'-lt®9% 6
7
8-'8®9ifl
B'8®9'8
d.
4i«
419
41s
6
6
6
6
6
6
71a'
OolPn
Mid.
Vplda
d.
«»i(l
038
6»i«
613,8
«';is
6l»i«
iiil"
6»8
6i«
Oii„i
.
.
.
THE (JHKONIOLE.
388
Vol. xixi.
I
*-c
Thb Exports of Cotton
from
New York
weet snow an
this
reaching 9,819
increase as compared with last week, the total
Below we give our usual
against 0,891 bales last week.
York, and their
teble showing the exports of cotton from New
exports
direction for each of the last four weeks; also the total
the total
and direciioa since bept. 1, 1880, and in the last column
for the same period of the previous year.
Cotton freights the past week have been as follows:
Men
BZFOBTS OF CiOrrON (BALES) FROM
KBW YORK
SIMCK SEPT.
1.
i^r
Oct.
6.
Sept.
2§.
^.'-
period
TolcU
since
74,745
2,130
TOTAL TO Great Britain 14.779 15,701 6,299 9,769 61,517 76,875
1,804
1,794
1,804
1,460
5,257
5.727
Other French ports
1,794
1,460
5,257
5,727
682 1,534
540
915
74
98
1,235
2,020
400
""66
4,126
2,261
341
2,547
1,035
50
6,728
3,852
^32
gall
Bremen, steam,
Do
e.
>9
.e.
»18
sail
Do
Do
....
Olher Dorts.
TOTAL TO North. Ecbope
1,296
450
1,382
"sa'iie
Baltic, steam.... (J.
38
»8a*ii«
ogaiiig
=8
Total Spain, &e
Orand Total
17.879 20.042
9.394
9,819
The FoLLOWiNa abb the Kbcbipts of Cotton
73,502
at
86.454
New York,
Boston, Philadelphia and Baltimore for the past week, and since
September
Setcipta
from~
N. Orl'ans
Texas
Savannah
Mobile...
Florida
8. Car-Una
1,
1880.
Neu) York.
Foreign
.
|
Baltimore.
Philadelphia.
3,836
7,226
6,928
"heo
i',269
i.bei 3,611 "884
4'752
'703
3,202
1,040
12,104
"ibe
2,596
1,028
8,250
13,345
5,503
30,404
i',227
263
2,040
i',859
2,307
1,3.54
3,204
5,260
3,527
101
603
5,181
13,260
This year. 31,824 111,523
Lastjear. 211631 145,063
Shipping News.
350
2,902
"741 3,028
'16
'le
»8a"i»
Jis
^16
—
Sales of the week
Sales American
Forwarded
Total stock— Estimated
Total stock— Actual
Of which American— Estim'd
Of which American— Actual
Total import of the week
Of which American
Sept. 24.
57,000
40,500
5,500
3,100
6.900
3,800
558,000
48,000
30,500
4,300
2,600
5,200
2,900
534,000
356,000
344,000
bales.
Of which exporters took
Of which speculators took..
19,500
17,500
133,000
Amount afloat
'2.5,506
19,000
154,000
100.300
Oct. 1.
Oct.
56,000
8,
57,000
43,000
4,700
37,.5O0
6,100
4.100
3,600
1,210
550
5,500
2,700
541,000
439,000
363,000
267.000
30,500
18,000
203,000
166.000
541,000
468,000
363,000
293,000
58.000
55.000
133,000
85.000
Of which American
78.0001
The tone of the Liverpool market for spots and futures each day of the
week ending Oct. 8, and the daily closing prices of spot cotton, have
been as follows:
Saturday Monday.
Spot.
Market,
12:30 p.m.
10,789
22,377
25,831
»8»lll«
Liverpool. By cable from Liverpool, we have the following
statement of the week's sales, stocks, &c., at that port:
Since
This
Since
This Since This
This
Since
week. Sept. 1. week. Sept. 1. week. Sept.l. week. Sept. 1.
.
N.Car'lina
Virginia..
North. pt8
Teiin., &o.
Boston.
|
»»»Jll8
.«.
Actual export
•pain, Op'rto, 01bralt'r,&c
ill other
''i«
hi
Sept. 17.
Bremen and Hanover
•'le
»9
a
sail
'is
Hi»»ift
Hi
saU...ri.
Do
=8
»8
sail...d.
Fri.
»18
e.
Hamburg, steam.ti.
Thurs.
=8
"lea's
Amst'd'm, Bteam.«.
61,517
Other British porta
Hjivt**
ha
8all...d.
Do
previ'us
year.
Sept. 1.
9,769
6,299
14,779 15,701
Do
Wednes.
Tues.
832® "39 83331132 •3j®ll3j »32®"8?
73J01I4
'32®'4 7333,14 733^14
"4
Havre, stoam....;.
Same
Week ( nding-SMportedto—
1880.
Mon.
Salur.
Liverpool, steam d.
}
5
Mod.
and
freely
supplied.
easier.
Mid. Upl'ds
Mid.Orl'ns.
Market.
5 p.m.
Dull
Tuesday.
Wednes. Thiu-sd'y.
Mod.
inq.
tnq.
freely
supplied.
Steady.
6%
6%
6%
6%
7
7
7
7
8.000
1,000
8,000
1,000
8,000
1,000
Friday.
Tending:
Steady.
downw'd.
eui,
\
(
6,000
Sales
Bpec.dz exp.
oOC
10,000
1,000
10,000
1,000
Futures.
6,954
19,838
1,802
6,639
2,798
5,758
4,839
8,206
21,098
14,484
—The
exports of cotton from the United
States the past week, as per latest mail returns, have reached
bales.
So
far
33,995
as the Southern ports are concerned, thf se
are the same exports reported by telegraph, and published in
the Chuoniclb last Friday.
With regard to New Yorg, we
include the manifests of all vessels cleared up to Wednesday
night of this week.
Market,
5 p. M.
Liverpool, per steamers Copernicus, 1,223.
Hipparchus, 305.... Republic, 894
Abysiunia, 1,087
Helvetia, 2. 199
Germauic, 1.295
Wisconsin, 2,766...
9,769
To Antwerp, per steamer Plantyn, 50
50
New Orleans—To Liverpool, per steamers Cliilian, 4,050...
St. Louis. 4.628.
.Mediator, 3,650
12,328
To Havre, per steamers Deronda, 4,793
Cyprus, 2.528.
Espanol, 2.218
9,539
To Rotterdam, per steamer Storm Queen, 1,651
1651
Charle.'ston-To Liverpool, per steamers Cydonia, 4,515 Upland
and 96 Sea Island
Aurora, 3,350 Upland
Glentmim,
3,628 Upland
11,589
To Raree loua, per steamer Glenrath, 4.600 Upland ...'.'.'.." 4 600
Savannah- To Liverpool, per steamers Castello, 7,112 Upland
and 6 Sea I.sl.>iiid....RavenliiU, 4,039 Upland.... Nueva
Ponce, 2,995 Upland
14 152
To Bremen, per steamer Liddesdale. 5,482 Upland..."!'.'.'.;' 5'482
To Genoa, per bark Messel, 1,487 Upland
1 487
'"'
WrLMisGTON— To Havre, per bark Saron, 1,444
1*444
Norfolk—To Liverpool, per steamer William Symington, 6,d''5
per bark Autrociat, 2,795
9 320
Baltimore—To Bremen, per steamer Hermann, 1 100
Boston-To Liverpool, per steamers Victoria, 547 .... Minnesota'. I'loo
.
. .
—
'
"
Weak.
Weak.
Bteady.
Quiet.
Dull.
Steady.
The actual sales of futures at Liverpool for the same week are given
below. These sales are on the basis of Uplands, Low Middling olsuse,
ouleis otherwise stated.
Saturday.
Delivery,
d.
Not. -Dec
Delivery,
6»3®i''3»l Deo.-Jan
Delivery,
d.
I
Oot.-Nov
"
Apr.-May
May-June
611.12
as^ailj,
Oct
6t>i4
eX'it
I
Oct
67,8
61633
d.
6»a
6»i«
6iltt
Jan.-Feb
Feb.-Mar
Mar.-Apr
6Sfc
MONDAT.
Delivery.
Delivery.
Total hales.
NSW York—To
\
J
Oct
6%
Dec-Jan
61133
Delitery.
Jan.-Feb
Mar.-Apr
Oct.-Nov
6>sai73,
Oot.-Nov
6II32
61*33
6II3J
Oct
67i8
69i8
Oct
6»t«
638
Oct.-Nov
TCESDAT.
UeUvery.
Feb.-Mar..;
Delitery.
Oct
Oot.-NoT
61»33
61332
Dec-Jan
6%
Jan.-Fet>
e^s
Delivery.
May-June
6%
Nov.-Dec
69i.
6H
Oct.-Nov
April-May
6>i
Wednesdat.
Delivery.
Delivery.
Oct
61a
Oct.-NoT
No V. -Deo
61133
65i8
e^jg
Dec-Jan
I
I
,
Delitery.
6Sj8
61133
61832
67;8
Jan.-Feb
Feb.-Mar
Mar.-Apr
Apr.-May
6^
May-June
Mar.-Apr
e^i
61^33
May-June
Thcrsdat.
Delivery.
Delivery.
Oct
61633
6»is
6»a2
6«32
Oct.-Nov
Nov.-Deo
Dec-Jan
Delitery.
Jan.-Feb
Feb.-Mar
Apr.-IMay
Oct.-Nov
6832
6»i8
61333
6;i32
May-June
67jg
Juiie-July
G^'m
Oct
6H1
,
320....Illyrian,
517
1484
Total
83 995
The
particulars of these shipments, arranged in our
form, are as follows:
LiverBre- Hotter- Ant- Barcepool.
Havre. men, dam. werp. lona. Oenoa.
New York... 9,709
50
N.Orleans.. 12,328 9,5'3'i)
1,651
Ch.arlestou 11,589
4,600
Savannah.. 14,152
5.482
1,487
1,'4'44
Wilmington
Norfolk
Baltimore
Boston
9,320
1,100
1,484
Total ....58,642 10,983
6,582
1,651
5D 4,600
1,487
Below we give all newa received to date of disasters
carrying cotton from United States ports, etc.:
usual
Friday.
69i8
638®l3:l2
Dec-Jan
May-June
6II32 Oct
638
Dec-Ja^
Delivery.
"...
Jan.-Feb
6I333
Mar.-Aur
67i8
Oct.-Nov
6'a
61932 Nov.-Dec
6% Dev.-Jan
67i8a'332
ei'sa
.61232
616^
eiSaa
BRE ADSTUPFS.
Totttl.
83,995
Feb.-Mar
Mar.-Apr
611322=%
Jan.-Feb
9,819
23,518
^6.189
21,121
1,444
9,320
1,100
1.484
Delivers.
Delivery.
Oct
Oct -Nov
Nov.-Dec
FRIDAY, P. M., Oct.
8,
1880.
There has been an active flour market for the past week, and
prices
show some further improvement
;
yet the advance has
not been important, nor has there been any decided buoyancy
The demand has run largely upon common
of tone exhibited.
to vessels
Isaac Bki-L, steamer, 1,612 tons, side wheel, built in 1868, Hnlphera
bclonsing to the Old Dominion Steamship Company from
New
York, was burned at Norfolk, on Oct. 2. The Are broke
out aZng
BoHio eotton in the forward hold. When the Are broke
out she haS
on board about half her cargo, Including about 800 bales
Only about 20 bales were saved, and it is doubtful if theof cotton^
remains
SLISP "r." '^" """"^t *5'"'"'- '""ro «"« "" insurance on te
hold, and is supposed to have been caused by a lamp
being kuoeked
down or from friction from the iron bands on the
thi ^^t?£^'i"„
cotton as ?„'
the
bales were jammed together.
extras for export, but the trade
have replenished stocks with
much freedom, and
the whole business has been of a very
healthy character.
The demand was largely for City
Rye flour has ruled
Minnesota and
St.
and com meal
is
Louis products.
dearer.
Buckwheat
flour has declined.
day there was a general improvement
in prices, with
Mill,
firm
To-
a good
trade.
Il
—
:
OCTOBEB
.
active
on the spot and for future
delivery, and prices are materially higher.
and November and |l 11% for De11@|1 12, spot and early d«livery,
cember; No. 2 red winter, |1
12%@$1
December and $1 14 for January. To-day
Ic. dearer, but the close was quiet.
13 for
52,139,662
67,981,137
28,090.238
57,220,988
17,287,tt69
14,197383
2,426,156
2.127,380
60,321,231
68,276,845
17,499,592
3.156.230
3,366,561
2,966,132
2,»ia,S82
3,160.409
1,900,162
Total eraln.... 183,665,400
152,620,459
143,193,182
101,579,100
Rail shipments
is
partly due to
the fact that current supplies have not been freely offered, but
«ent to store; and this has operated as a check upon the activity
Yesterday No. 2 mixed sold
of business, especially for export.
at
53c.,
spot and October, 53^c. for
December; also No. 2 white,
was a farther advance
54c.
November and
on the
spot.
for No. 2 mixed, to 53/<c.
54c.
for
1880.
prime boat-loads at 98c.
1879.
Flour
Wlioftt
1878.
Week
Week
Oct. 2.
1877.
Week
Oct. 4.
Oet.
Week
Oct. 6.
5.
bblg.
115,098
129,515
97,001
128,050
bu»h.
339,181
404,344
899,887
173,993
109,185
384.000
296,260
417,146
315.106
72.479
318,749
283,060
348,792
173,942
9,005
197,178
102,503
396,360
158.648
9,814
1,485.981
1,165.645
924,512
Cum
O^ts
Barley
Bye...
2,026,090
Total
Bail and lake shipments from
Flour,
Week
bbls.
ending—
Wheal,
bush.
Oct.
2.. .154,860 2.157.994
Sept. 25.-133,670 1.643,291
Sept. 18.-133,343 1,630,300
Sept. 11.-134,361 1.731,200
ended Oet.
lots of State
river ports for the
same ports for la.st four weeks
Oom,
Oats,
Barley.
Rye,
:
bush.
bush.
bush.
bush.
173.993 117,685
221.174 75,595
155.894 88.350
74,801 123,036
2.621,714 1.121.429
2,U78.«.'^7 1,179,725
2.291,870 7<i2,095
2,404,175 822,779
7,162.785 10,296.416 3,886,028 625.862 404.666
To-day there Tot.,4wta.561,234
4w'it8'79..620,135 11,007,093 7,440,968 1,718,718 942,043 643,696
on the spot and
Receipts of flour and grain at seabciard ports for the week
54^c. for December.
Rye has advanced; car
from Western lake and
weeks ended
No. 2 red winter was agajn
Indian corn has further advanced, but this
22,41.5,075
Bye
—
§1
53.084,331
103,612.458
bUBh.
Barley
were nearly two million bushels, although the market was bare
of spring wheat. No. 1 white sold at $1 12@$1 13 on the spot,
for October
1877.
3,511.764
OaM
continued redaction in the movement of the crop, as compared
with last year has been very great. Yesterday the transactions
llM
1878.
4,329,836
Wheat
English markets and the speculative activity growing therefrom—and stimulated by a demand to cover contracts and by
51 11@$1
1879.
5,330,621
bbls.
Oorn
in the
389
1880.
3,537,291
Flour
There haa been a
by an improvement
for export, favored
demand
.
THE cmRONICLi;
9, 1880.]
The wheat market haa been
large
.:
:
were sold at
96c.
and
To-day holders of prime cargoes were
firm at $1.
Barley has been drooping, and yesterday six-rowed State
at 87@88c. Oats
at 83)6c.; No. 1 Canada quoted
have materially declined on the spot, and futures are
somewhat lower, under the more liberal supplies at hand and
coming forward. Yesterday No. 2 mixed sold at 39^0. on the
apot, 38'/ic. for November and 39 ^c. for December. To-day
sold
the market was irregular No. 2 mixed declined to 39c. on the
spot, bat sold at 39 ^c. for November and 39?^o. for December.
2:
Air-
New York
Boston
Portland
Montreal
Philadelphia
Baltimore
New Orleans.
Total week
week
Oor.
Flour,
Wheal,
Oorn,
Oats,
bbls.
bush.
bush.
bush.
Barley,
bush.
Rye,
bush.
49,i(20
108,817 1.,208,234 1 498,600 666,610 143,500
69.333
10,000 309,5.30 79,750
2,100
3.500
2.930
15,000
24,031 236,912 282,338
3,402
424
18,035 298,700 154,200 74,400
7,500
27,819 632,400 183.900 55.300
12,916 289,927 316,203 36,135
'79....
1,400
21,186
9,000
7,100
263.921 2,696,203 2.7()0.051 919,107 193,924 87,900
260,913 5,662,210 2,160,729 415,823 71,419 228,165
And from Jan.
four years:
1 to Oct. 2, inclusive, for
1879
1880
Flaur
bbU.
7,587,863
7,589,716
1878
6,860,408
1877.
5,519,185
Wheat
bush.
93,527,379
114,814,290
17,356,382
1,837,377
1,595,932
106,551,933
85.173,562
16,787,460
1,892,032
3,394,147
77,922.723
85.372,223
18,631,369
2,922,445
3,785,267
22.610,054
63.376,693
14.796,306
2,726.093
1.734,991
Total grain..- 229.131,330
213,798,131
189.154.092
110.244,342
;
The
following are closing qaotations:
Flour.
No. 2
$ bbl. $2 839
Winter Bupcrtlne
3 85®
Spring supei-Hne....:. 3 759
gprlnn wheat pxtraa.. 4 20»
do XX ami XXX... 4 50®
Winter sUipp't; extras. 4 30a
do XX and XXX... 4 753
Patents
6 00»
Western 'rye mix"... 4 7oa
Ctty shipping extras. 4 309
Southern, bakers' and
tainily brands
5 653
South'u sliip'g extras. 4 8.3»
•
Eye
"
4 60
6 50
8 25
5 25
5 80
No. 3 spriniir, |1 bu.$l 03 •106
No. 2 spring
109 alio
Bed winter
1 06 ®l 17
Ked winter, No. 2 11212^113
Wliito
107 ®1 15
Com— West, mixed 52 -a 53^
West'uNo. 2
53 » 53'4
53ia» 57
West, yellow
West, wlilte
53
55
1
i
|
"
i
|
Rye
6 50 Oats— Mixed
I
I
5 40
Wliite
|
meal
Western, &e
Brandj'wlne.
Buokw.
fl.,p.
2 733i 3 10
3303
iV.n
100
lbs.
2
I
i
509 2 65
Bye
Wheat-
|
4 70» 5 05 Barley— Canada W.
flour, siiperHne..
Oom
Orakk.
\
3 60
4 10
3 90
4 40
G 23
State, 4-rowed...
State, 2-rowed...
Peas—Can'd»,b.<Si;f.
98
38
40
85
83
73
81
®1 00
9
'»
ai
O
9
®
41
44
95
88
At—
37,601
52.880
1,563
9,381
2,879
36,265
2,315
2,830
3hlaai;o
UUwaukee
Toledo
Detroit
Cleveland
St. Louis
Peoria
Duluth
Corn,
Wheat,
bush.
(36 lbs.)
601.379 3,151,031
bush.
(60 Ibo.)
261.87
810,065
431,731
101,350
471,776
19,465
214,497
48,630
361,180
3,272
32,400
152,720
161,475
8,654
Wheat
buBh.
Corn
Oats
Barley, Itye,
bush.
bush.
(32lb.i.) UHlhs.) (Stilbs )
Oats,
bush.
880,132 189,271 81,500
74,850 241,270 27,450
70,185
1,695
11.443
7,957
20
67,700 18,700
2,000
135,687 151,558 18.589
289,800 26,500 41,050
Barley
Bye
3,312,633
55,976,978
122,194,427
27,928.474
4,924,308
2,645,442
70.752,267
63,174,491
78.160,165
24,888,884
6,120,502
3,922,974
32,533,355
63,120,344
18,608,627
5,216,862
4,267,088
180,149,691
Total receipts (crop movement) at the
to Oct. 3, inclusive, for four years:
VUrar
Wheat
Oom
bbla.
bush.
Oats
Barley
Bye
Total grain
.
2, inolosive,
1878.
4,251,277
Total Kraln.... 213,669,629
176,267,016
125,746,276
same ports from Aug.
bush.
92,358
27,603
75
9,572
1,765
7,441
611
1
1880.
1,224,889
1879.
1,164,459
1878,
1,054,618
1877.
1,078,791
23.026,253
31,513,179
9.901,062
2,318,572
1,253,088
30,754,392
20,404.147
7,188,595
2,888,678
1,662,442
29.167,504
25,656,013
11,227,843
3,139,681
1,863,665
22,241,830
22,452,749
7,932,760
2,497,673
1,327,161
08,012,154
62,893,254
71,104,676
56,482,173
Comparative shipments of flour and grain from the same
ports from Jan. 1 to Oct. 2, inclusive, for four yearsj
bush.
1,249.402
253,331
695,539
»24,720
265,201
297,.560
Peas
bu»h
Bye,
bush.
Oats,
bush.
1,802,910
30,152
2,199 152,364
3,137
210
3i6.783
60
203,314
343
250
196,794
38.362
133,991
3,007 152.364 206,451
53,823 236.685 78,275
visible supply of grain, eomprising the stocks in granary
'79.
3,971,909
132,084 4.940,783
2,232,932
1,499,942
at the principal points of accumulation at lake
in
ports, a,ud
transit
by
lake, rail
and
and seaboard
was as
canal, Oct. 2,
follows
Do. afloat
Com,
Wheat,
bush.
—
Tn store at
New York
bush.
2.228,321
(est.)
Albany
Buffalo
Chicairo
Milwaukee
Duliith.
Toledo
Detroit
1879.
4,909,398
24,250.662
5,329,415
3,573,983
Orleans..
Oom,
Wheat,
Flottr,
bbls.
Boston
Portland
Montreal
PhUadelphla.
The
1880.
4,594,251
76,243,.364
endin£^ Oct. 2:
New York
Same time
Weekl]/.")
Total receipts at same ports from Jan. 1 to Oct.
for four years:
bbla.
week
Fr»n*
Total for w'k 139.425
Total
143.766 2,915,138 3.919.362 1,529,797 635,256 172,304
Same time '79. 162,110 4,136,860 2,479,434 817,902 755,058 165,538
Flour
for
New
75
95
I
{From tht " Neui Tork Produee Exchange
Exports from United States seaboard ports and from Montreal
Saltlraore
Receipts of Hoar and grain at Western lake and river portB
for the week ending Oct. 2, 18S0
Flour,
bbU.
(196 Ibii.)
Oom
Oats
Barley
Oswego
Lonis
Boston
Toronto
Montreal
PhUadelphla
Peoria
St.
Indianapolis
K.ausas City
Baltimore
OnraU
On lake (est)
On canal (est.)
754.000
10.000
210,612
1,484,493
161.221
163,000
1,393,238
273.433
32,000
949,520
6,645
23,215
62.908
626,376
22.634
235.900
167,808
449,202
209,000
35,000
948
335.697
19,590
494,097
90,882
77,583
68,898
3.431
50,294
30,500
308,224
166,685
79,200
26,500
301,749
404,344
3,100,000
2,229,000
1,072,762
339.181
2,263,000
1,676,000
Total Oct. 2, '80 14,360,769
Sept. 25, '80
14,991,632
Sept. 18, '80
13,419,983
Sept. 11, '80
15,147,013
14,715,497
Sept 4. '80
Oct.
4, '79
18,146,639
Oats,
bush.
3,272,024
1,259.000
43,000
1.780,006
5,539.895
6.529
5,562
589,763
5,219
80.000
118.241
10,489
Barley,
bush.
19,324
114.000
22,500
7,740
89.923
180,605
Rye,
bush.
55,431
91,000
67,000
1.57,463
21.948
3,'299
2,572
250,000
18,485
34,896
1,171
411
220.605
5,337
5,656
1,880
239,913
55,400
73,285
4,251
97,774
6,100
1,603
999,387
173,993
109,185
293,000
8,200
19,812,209 2,746,358 1,403.506
19,190,808 2,105,270 816,486
17,303,970 1,484,594 524,950
18.700,809 1.513.861 334,215
19,011,298 1,625,333 264.407
10,938,531 2,541,868 1,705,277
664,846
691,837
627,026
651.672
573.613
687,008
THE DRY
(K>0D3 TRADE.
Friday, P. M., October
8,
1880.
There was only a moderate movement in dry goods the past
week, business having been interrupted to some extent by the
increasing political excitement.
tain
makes of cotton goods
More inquiry prevailed
for cer-
for conversion purposes (which led
to considerable transactions),
and spring clothing woolens were
.
;
.
THE CHRONICLE.
390
[You XXXI.
Receipts of Leadlits; Articles ot Domestic Produce.
but jobbers continued to operate
jobbing
The
The
following table, based upon daily reports made to the
wants.
actual
spariogly and in accordance with
of New York Produce Exchange, shows the receipts of leading
trade was comparatively quiet, yet a fair distribution
eater more articles of domestic produce iu New York for the week ending
iitaple and department goods was made by firms who
especially for the near-by and Western trade. The auction with Tuesday last (corresponding with the week for exports),
rooms presented some important offerings of Lyons and Zurich also the receipts from January 1, 1830, to that day, and for the
dress silks, millinery goods, &c., and in this connection consid- corresponding period in 1879:
but the prices obtained were very
erable sales were eflfected
Week ending Since Jan. 1, Same time
low (as a rule; and unremunerative to the consignors.
Oct. 5.
1880.
last year.
Domestic Cotto:j Goods.— The exports of cotton goods for the
more sought
for
by
clothiers;
;
Ashes
week ending
Oct. 5 comprised 2,208 packages, distributed as
China, 536 ; Great Britain, 376 U. S. of Colombia,
follows
Hayti, 2P0 ; Porto Rico, 205 ; British West Indies, 84
;
British Possessions in Africa, 64 ; Venezuela, 59 ; &c. The
exports of domestics would probably have been much heavier,
:
;
314
but for the continued scarcity of water at the mills, which has
prevented manufacturers from filling their contracts at the
stipulated time. There was a light demand for plain and colored
cottons by the jobbing trade, and liberal sales of brown cottons
Prices of brown, bleached and
•were made to converters.
colored cottons ruled steady, and stocks in first hands are generally in good shape, and by no means redundant. Print cloths
•were in better demand, but at slightly reduced prices, sales
of 64x64s having been made at 3%@4c. and 56xGOs at 3%@3>^c.
owing to the lessened probability of a strike at Fall River.
Prints were quiet, aside from a few specialties, but leading
makes were steadily held. Ginghams and cotton dress goods
"were less active, but the former continued firm in price.
Domestic Woolen Goods. As a whole, the woolen goods
market has been very quiet. Spring cassimeres, suitings and
•worsted coatings were opened by manufacturers' agents at a
slight advance upon last, year's prices, and fair orders were
recorded for a few of the, most popular makes; but the general
demand was less spirited' than expected, and a dispositioa to
operate cautiously was manifested by the clothing trade. For
Leavy-clothing woolens there was a strictly moderate inquiry,
and transactions were light in the aggregate. Cloakings ruled
quiet, but repellents met with fair sales. Kentucky jeans were
lightly dealt in, but the best makes are steadily held. Flannels
and blankets were in moderate request and generally firm in
price. Carpets ruled quiet with agents, and worsted dress
goods were less active.
Foreign Dky Goods.— There was a sluggish and irregular
demand for foreign goods at first hands, and the jobbing trade
was comparatively quiet. Black and colored cashmeres were
taken in moderate lots to a fair amount, but prices are low and
Tinsatisfactory, Plain black and colored silks were in steady
but moderate request, and black damasses were fairly active
but Pekins, satin de Lyon and brocades dragged heavily, even
•when offered at much less than the cost of importation. For
linen goods, woolens, white goods, laces and embroideries, the
demand was chiefly confined to such small selections as are required for keeping up assortments, and transactions were light
—
;
Importations of Dry Goods,
The importations of dry goods at this port for the week ending
Oct. 7, 1880, and for the corresponding weeks of
1879 and
1878. have been as follows:
KXTERED FOR CO.NSCMPTIOK FOR THE WEEK ESDISG OCT. 7, 1880.
1878.
Pkns.
Tahii^.
1879.
1?80.
Valiif.
Pkffs.
I
ManiUHucures olWool.'
811k
Flax
Mlsoellancoua..
Total
7.56
302,180
76-.;
l!>2,910
795
048
343
4S8,048
192,679
99,472
I'kns.
Valiif.
$
1,000
1.009
1,522
1,005
353,572
270,111
711,874
236,626
143.183
653
1.081
91b
764
17
233,214
298, lOJ
589,410
166.S13
175,311
3,604 l,275.3l!i| 5.19ti|1.7-2U.366l 4.13111,4d:^.»50
WTTHDRAWN FROM WAKEHOLSE AND THROWN
INTO THE MARKET DURING THE SAME PKKIOU.
Mmulactures of—
Wool
394
147
116
427
Cotton...
Bilk
Flax
Miscellaneous
Total
Bnt'd forconsumpt.
Total on market .
358:
144,343
41,492
73,954
68,382
31,412
359,583
1,442
3.604 l,2-5.:!i!1
l.t)34.90-.
.
379
204
156
454
824
140,057
45,794
101,321
100,.555
35.807
2,017
42:<,534
5.196 1.720,366
7,21 K
!.
790
298
258
526
789
302,905
77.499
167.774
136,747
69,068
2,661
7.'J3.993
4.131 1.462.850
ENTEBBD FOR WAEEHOCSE DURING SAME PERIOD.
Cotton
Bilk
Flax
Miscellaneous
Total
bbls.
bbls.
meal
Wieat
Rye
bush,
bush.
Com
busli.
Oats
Bai-ley
367
156
83
205
404
116,590
46,878
64,306
42,653
29,547
299,974
Eat'd forcousumpt
1,215
3,604 1,275.319
Total at the port...
4,81911. .575.293
204
33
102
161
83,619
13,627
80,237
33,317
13,111
223,911
24
524
5.196 l.7'20.366
5,720 1,944,277
Peas
Cotton
Cottou seed
Flax seed
Glass seed
Hi.ks
Hides
bales.
bbls
bags.
bags.
oil
,
No.
bales.
bales.
Hops
Leather
Ix'ad
sides.
pigs.
Jlolas.ses
hhds.
Miilasses
bbls.
Turpoutiue, crudo
bbls.
Tuvpeutiue, spirits... bbls.
Ro.sin
bbls.
bbls.
bbls.
Tar
Pitch
Oil
4,131|1.462,830
6,545 2,846,246
4,850
54,946
1,859
38,498
1,318
3,570,268
123,311
43,028,513
1,102,433
49,065,549
10,301,980
3,247,163
356.860
607,982
34,009
206,822
82,892
113,051
36,196
17.932
3,027,433
139,860
i'oo
545
43,238
3,970,893
122,199
50,550,541
2,394.210
33,240.306
8,401,146
2,691,636
273,488
579,500
17,779
230,481
111,261
164,890
95,355
68,237
3.265,937
2,569,183
4,980
76,023
96,470
1,909
1,4C4,S«8
40,484
1,734,300
507,300
186,262
7,273
29,860
241
43,016
1,202
531
407
20
1,167
5,293
355
30
cake
pkgs.
11,072
1.11-d
bbli
galls.
100
liush.
2,394
Oil,
Oil,
whale
Peanuts
2,159
77,475
309,799
10,467
1,857
502,228
8.424
181
74,268
1.633
59,387
252,969
21,344
2,726
3'27,229
12,098
f
73,330
Provisions-
Pork
Beef
pkgs.
pkgs.
pkgs.
pkgs.
pkgs.
Cutnicats
Butter
Cheese
Eggs
Laid
Lard
bbls.
tcs.
Rice
Spelter
Stearine
Sugar
Sugar
Tallow
Tobacco
Tobacco
&bbls.
kegs.
Hogs, (Iressed
No.
pkgs.
slabs.
pkgs.
1,270
473
17,107
32,456
107,427
8,625
13,208
2,453
149
1,289
510
397
rbbls.
hhds.
pkgs.
boxes
Whiskey
Wool
& eases.
hhds.
bbls.
bales.
1,891
2,081
3,032
3,661
310
115„100
25,874
1.302,430
1,078,061
1,960,986
467,055
484,084
120,122
40,823
50,150
51,276
15,793
114
8,841
83,188
124,139
80,018
230,341
65,126
180,139
30.928
1,411,513
1.116,304
2.020,636
372,398
552,777
53.154
49,869
28,599
65,V86
21,573
1,673
31,478
75.919
138,808
77,061
204,523
98,593
Exports ot LeadiuK Articles of Domestic Produce.
The following table, based upon Custom House returns, shows
the exports from New York of all leading articles of domestic
produce for the week ending with Tuesday last; also the exports
from the 1st of January, 183J, to the sama day, and for the corresponding period in H79:
Week ending Siiux Jan.
1880.
Oct. 5.
Ashes, pots
Ashes, pearls
bbls.
bbls.
Same lime
I'Mt year.
707
160
1,016
141
lbs.
1.025
75,633
59,960
bbls.
bbls.
bbls.
76,520
3,166,522
2,473,483
4,991
118.030
48.799,225
3,321,120
Breadstuffs—
Flour, wheat
Flour, rye
Corn meal
Wheat
Rye
Oats
Barley
Peas
Coni
Candles
Coal
Cottou
Domestics
Hay
Hops
Naval StoresCrude tiirpeutine
Spirits turpeutiue
Rosiu
Tar
Pitch
bush.
bush.
bush.
bush.
112,544
48,710,164
1,184,256
336,332
262,876
249,514
70
pkgs.
2,i-08
bales.
bales.
1,441
187
bbls.
bbls.
bbls.
bbls.
bbls.
2,509
Whale
Sperm
I^rd
gals.
gals.
gals.
gals.
gals.
Linseed
3,34-.S
3,713
1,557,326
112,798
1,106
tous.
bales.
bush.
pkgs.
cwt.
Petroleuni
44
3,191
1,217,633
1 ,288
1,800
11,163
biuih.
Oilcake
Oils-
39,033,.598
14,922
41.807
49B,90J
92.261
94.763
5,351
470,199
l':0.015
260.812
27,731,037
43,439
56,609
272,1 96
91,667
.'.6.129
35,537
1.50
199
45
170
59,226
248
11,141
t80
7,050,290
21.674
163,191
5,572
1,373
3,801,455
8.117
137.331
5,508
3.8S8
1,177,299
69.907
201,565
98,004
1,048,804
9,460
199,191,488
240,4.i7
631.3'23
108,660
192,282,919
Pi'ovisioiis—
Pork
Lard
383,396
2,632
34,540
1,085
Naval Stores—
Cheese.'
2,414|
bush.
bush.
bush.
and malt
Beef
Beef
Cutmeats
Butter
143,900
Manufactures of—
Wool
Coi-n
Beeswax
in the aggregate.
Cotton
bbls.
bbls.
Bciius
Bi'eadstuffs—
Flour, wheat
bbls.
bbls.
tierces.
4,232
lbs.
lbs,
lbs.
lbs.
5,763,917
541,707
3,042,842
5,778.174
1,094
841.137
2,223
1,863
80,731
4,716
bbls.
Rlee
lbs.
Tallow
hhd.<.
Tobacco, leaf
bales and cases.
Tobacco
Tobacco.manulactured. lbs.
Whalebone
lbs.
673
697
179,103
48,167
44,113
417.373,227
23.416,526
98,594,566
216,778.697
17,959
65,873,355
67.059
39.439
4.820,811
64,320
188,558
10,805
41,817
431,075.352
28,317,202
110,236.781
183,172,130
12.035
51,798,791
49,91.5
26,961
5,122.883
53,795
—
:
OCTOBEK
:
.
THE
U£0.
9,
llffRONlCLE
Financial.
Financial.
Financial.
OF THE CONIUTION OF THE
CONDITION OF REPORT
l>EPOUT OF THE
CUE.MICAI, NATIONAL llA.NK.at New York.
KXCHANdK NATIONAJ,
AMURICAN
Auiio
York, in tlio Stiite of New York, at
tho doso uf business, Oetubor 1. 1860:
BANK, at Now
RES0UHCE8.
S5
97
00
00
80
8,^^,277 49
Loans and discounts
$14,888,103
4,723
800,000
5,000
08,950
Overdrafts
U. 8. bonds to secure circulation
U.8. koi dson hand...."-
Other stocks, bonds and mortgages
Due from i>ther iiiitlonul banks
Due from State bunks and bankers
Real estate, furniture and fixtures
Current expenses and taxes paid
Premiums
106,101
S-l
348,598 a4
e5,3"3 34
131 25
i>aid
Checks and other cash Items
Kzclmnges for Clearing House
Bills of other banks
SO
M0,.'i80
8,8:7,857 li
192,818 00
8,440.(103 18
Bpecle
Legal-tender notes
Redemption fund with U.S. Treasurer
(5 per cent of circulation)
Due from U. 8. Treasurer (other than
6 per cent redemption fund)
00
2'i0,000
22,500 00
22,000 00
t24,331,083 99
Total
the State of New York, at the close of bualness
lat day of October, 1880
ueaUUHCi:s.
Loans and discount
$11 ,744.846 76
Overdratts
8,371 99
U,S.b'dstosec'roclrculat'n (par valoo)
100.000 00
U 8. bonds on hand (par value;
900,000 00
Other stocks and bonds
265,869 88
Due trom otlier national banks
65^,105 05
Due from stute& private b'ks It b'keri
249,914 43
Bankinghouse
200,000 00
Current cxiienses
5,008 99
Checks and other cash Items
198,792 60
Kxchunges for Clearing House
1,491,882 86
Bills of other banks
123,186 00
Kract'nal paper cur'cy, nickels & cents
6,808 00
Bpoclo, vl«: Gold coin .. $1,671,688 BO
tiold Treas'ry certificates
(.Sec. 254, Kov. 8'al.)...
707,000 00
Gold Clearing-house ctfs. 1,331.000 00
Sllvcrcoin
74,150 09-3,783,739 49
Leg'ii tendernotes
845,796 00
Due from U. 8. Treasurer other than
par cent redemption fund
10,000 00
LIABILITIES.
Surplus fund
1.260,(K)0 00
3611.978 04
Undivided profits
National bunk notes outstanding
State bank notes outstanding
Dividends unpaid
447,400 00
6.817 00
7.219 00
Individual deposits subject to check.
Demand wrtlflcates of deposit
Certified checks
Due to otlier national banks
Due to State banks and bankers
3S
90
1.637.849 86
8.729,B83 52
1,876,138 33
9,921!,52S
8,S,040
«a4,331,053 99
Total
State of New York City and Countyof New York, ss
I, DUMONT Clahke, Cashier of the above-named
bank, do solemnly swear that the above statement
Is true to the best of my knowledj^e and belief.
DUilONT CI..\KKE. Cashier.
Subscribed and sworn to before me this 7th day
of October, 1880.
A. R. Rodoeks.
Notary Public.
Correct— Attest
C. LANGLEY,
LANGLEY
nABCoCK,
GKORQE BLISS,
W.
)'
S. I).
^
Directors.
)
OF THE t'OXDITION OF THE
EEI'OKT
CDNTINE.VTAL NATIONAL BANK. New York,
at the close of business
1880:
on the
Overdrafts
U. S. bonds to secure circulation
U. 8. bonds on hand
05
30
00
00
06
9<1,573 98
2.H.H;t4 64
380, (K)0 00
200.000 00
47,316 0«
$5,093,240
80
867.000
17.000
111. 717
—
Other stocks, bonds and mortgages
Due from other national banks
Due from State banks and bankers
Bankinghouse
Other
real estate
Premiums
paid
Checks and other cash items
Bj oianges for Clearing House
Bi Is of other banks
12.727 24
6,615.351) 97
16,510 00
8 .55
1,588,710 93
75,680 00
Fractional ourrencv, including nickels
8p< ele, includ'g gold Treasury oertif 's.
Let al-tender notes
Recemption fund with U.S. Treasurer (5 per cent of circulation)
39,015 00
Total
$15,188,774 88
LIABILITIES.
Gil
It'll
stock paid In
00
00
44
00
00
$1,000,000
175.000
68,079
772,300
10,452
Sun lusfund
Un' ivided profits
Nat ional bank notes outstatlding
Dividends unpaid
Dei osits— Individuals.. .$3,152,330
National banks
2,861.847
i:t'te banks and bankers
823.050
lertlttcates of deposit..
16,310
Ceitified checks
Cashier's checks
95
33
66
87—6,043,539 81
6,472.594 10
58,809 23
Total
State of New York, County of
York,
.
FUED'K Tayloh. Cashier
New
State banks circulation outstanding
ject to clicck. ..
$12,868,87?
of deposit.
252.900
Certified checks
228.659
Cashier's ch'cksoutst'd'K
87,012
1
M. T ABER,
New
the State of
close of business, October 1, 1880
^
Directors,
Cor.of Montafnie
$7,800,112 58
265
i'O
SOO.OCO 00
65,720 99
572,0*5 78
3lXl.5<Jl 12
44,855 24
21,224 17
1,612.750 09
8,440 00
l|609 16
Exchuiiges for Clearing House
Bills of other banks
Fractional currency, including nickels
Specie (including gold Treasury certificates!
2.475.505 OO
wo 00
40.000 00
6 000 00
Letcal-tender notes
323
Treasurer
Total
LIABILITIES.
$1,000 ,000 00
100 ,000 CO
121 471 32
Surplus fund
Other undivided profits
National bank notes outstanding
State taxe^ unpaid
800',000
13
Individual deposits subject to check..
Demand certificates of deposit
0<X)
00
00
2,036',597 01
3591*,970 75
'686'
checks
Casliicr's checks outstanding
Due to otlier national bunks
Due to State banks and baukers
Certirti'd
44 75
3o',S21 23
4 9tj7'.411 51
'790 089 30
Total
•14 103 OQ5 go
State of New York, County of New York '«» •'
1, C, N. Jordan, Cashier of
the above-named
b»nk,dosolemnly swear that the above statement
U true to the best of my knowledge and belief
C. N, JORDAN, Cusliler
:'"'"'"^ ''"'""^'
'""'
GEO. CnAP.MAN.
Edgar M. Cullen, Counsel.
TRUSTEES:
Wm. B.
'''"'^
'^°"«'•
A.
BOOTH,
F. Zebley, Jr.,
BANKER AND BROKER,
ST., NEUr YORK,
(Drexei. Building)
Dealer tn InTestment Secnrltlca.
Orders executed at the Stock and Mining Exchanges.
Special attention given to Defaulted Railroad and
Municipal Securities of Illinois, Kansas, Missouri,
Iowa and Nebraska.
Correspondence elicited and full information
given on all classes of bonds and stt cks.
&
C. I. Hudson
Co.,
EXCHANGE COUBT, NEW YORK,
Henry SanKcr, Alex. McCne,
Chas. B. Marvin. A A. Low.
B.Baylis, Henry K.Sheldon
H.B. Pierre pont, Dan'l Chauncey, John T. Martin,
Alex. M. White, Josiah O. Low. Riplev Ropes,
Austin Corbin. Edmund W. Corlies.
WM. R. BUNKER. Secretary.
Kendall,
3
Buy and sell on commission, for investment or on
margin, all securities dealt In at the New York
Stock Exchange.
R. R. Lear.
0. I. Hudson,
T. H. Curtis.
Member N. Y. Stock Bxeh.
Joseph
P.
w. C. McEean,
Member of N. Y. Stock Eich'gc.
Llovd.
Lloyd
34 \rAIiI.
Buy and
5c
McKeaiij
NEW YORK.
STREET,
sell— on
commission— Goremment, Rail-
way and Miscellaneous Securities. Receive deposits
subject to check, and allow interest on balances.
John P. Uolfe,
Thomas Sullivan. Abm.
Daniel
27
SUWARD POUEOOT. W.H. COX.JR., OSCAR B. SMITH
Pomeroy, Cox
Smith,
BROAD STREET.
No. 37
H.
BROWN.
Buys and
rUED. A. BROWN.
Walston H. Brown & Bro.
II
BANKERS,
Flae Street, New
sells for cash, or
A
choice line of Investment Bonds always
C.
&
Co.,
No. 42
Walcott.
Jos. C.
ITork.
ALSO,
COR. MAIDEN LANE & JAJIES ST., ALBANY, N. Y.
Transact a General Bunkinc Business.
STOCKS and BONDS Bought and Sold on Commission, and carried on Margins.
Deposits received and Interest Allowed.
J.
H. Latham
&
Co.,
SECIRITIES,
New York
City. CUieniro, Cincinnnti,
liOuiH, DiMirirt of Columbia, uud
(.overuiiient ISocnrilies.
St.
FOREIGN EXCHANGE.
)
52
J.
WILLIAM STREET.
H. Latham.
F.
Frank
F.
Dickixsok,
Mftmbers N. Y. Stock and Mining Exchanges.
19
BROAD STREET, NEW YORK.
GAS STOCKS
CiAS
BANKERS AND BROKERS,
ISiVESTMEXT
Street,
AND
Francis,
New St., Newr
Rroad
Transact a General Banking Business, buy and sell
on conimtssion all securities dealt in at the New
V'ork, I'hlladelphia and Boston Stock Exchanges,
either for cash or on margin.
Special attention
given to Mining Stocks.
ties.
70 Brcadivay icl5
CO.,
Geo. H. Prentiss,
In addition to a General Banking Business, buy
and sen Government Bonds and Investment Securi-
&
WALCOTT &
BANKERS.
BANKERS,
CEDAR STREET.
Trask
on
band.
J.
York.
RAIl.RO\D SECURITIES.
62
on approved margin,
Securities dealt in at the Stock Exchange.
Correspondence solicited.
SPECIAL ATTENTION GIVEN TO THH NEGOTIATION OF
Oilman, Son
PINE STREET,
NKW YORK.
Negotiates Flrst-Class Railroad* State,
and City Etoans.
all
WALSTCN
A, Moran,
(Member of N. Y. Stock Exchange.)
&
BANKERS AND BROKEES,
PAKKKK HANDY.}
Directors
•^"•'"^O"WM.
Clinton 8t8.,Brookl7n« N. Y.
This Company is authorized by special charter to
act as receiver, trustee, guardian, executor, or administrator.
It can act us aRent in the sale or management of
real estate, collect interest or dividends, receive
registry and transfer books, or make purchase and
sale of Government and other securities.
ReliK'ous and charitable institutions, and persons
nnaccustomed to the transaction of business, will
Hnd this Company a safe and convenient depository
for money.
RIPLEY HOPES, President.
CUAS. R. MARVIN, Vice-Pres't.
$14,163,,205 93
Capital stock paid In
borrecl-Attest
St,
Trust Co.
Co.,
BROAD
York, at the
ijaid
B.
John
:
The Brooklyn
\
UESOL'KCES,
Overdrafts
U. S. bonds to secure circulation
Other stocks, bonds and mortgages
Due from other national banks
Due from State banks and bankers
Current expenses and taxes paid
Bedemption fund with U.
Dae from U. 8. Treasurer
WM.
&
STOCK BROKERS,
15 BROAD STREET,
New York.
:
Loans and discounts
Premiums
belief.
Year
Lapslev,
d. Seymour Wu.laiu>.
Members N. Y. Stock Kxchaniie.
JR.
CYRUS W. KlEI.D,
37
and subscribed before
October, 1880.
Correct— Attest
«IF THE CrtNBITION OF
REPORT
theTillHD NATIONAL BANK OK THE CITY
OF NEW YORK, in
to
10
No.
S
J. QUINLAN, JR.. Cashier.
me this 6th day of
RoHEKr «. Roberts,
Notnry Public, New York Co,
J. A. BOOSKVEI/r.
)
ROBERT LUNO.X KE.VNBDY, J Director*.
G. G. WILLIAMS.
)
Sworn
put
Special.
natiouHl banks
knowledge and
tho
Lapsley, Field
»8
82
:
»s:
:
Howard
51
Total
?2O.085,851 69
State of New York, ("ounty of New York, ss
1, W.«. J. QuixLAN, Jr.. cashier of the ChomlOBl
National Bank of New York, do solemnly swear that
the above statement is true to the beat of my
TOKK.
CYBCS W. KI«LD,
96-1.3,438,351 15
2,102,329 53
DuetoStateandprlvateb'ksib'kers.
600,612 31
Due toother
all for
A SPECIALTY.
Individual deposits sub-
Demand ct's.
XSW
Investora or Dealers wlitalng to bur or Mil are
Inv ted to communlcato.
State. Municipal an
Ilallway Uonda and Coupon! bouKlit and told at bm
Market Rates,
09
00
090 00
Dividends unpaid
of the
WM. TURNBULL,
w. D. MORGAN,
HENRY
..
STIIEET,
(An Intimate knowledxo of
00
00
$15,188,774 88
above-named
bank, do solemnly swear tbat the above statement
Is true to the best of my knowledge and belief.
FllED'K TAYLOR. Cashier.
Subscribed and sworn to before me this 0th day
Alk'd H. Timpson.
of October, 1880,
Notary Public, New York Co.
Correct— Attest
I,
$.<IOO,000
1,000,000
2,141.407
291,407
10,961
BROAD
RAILROAD SECURITIES
$20,085,851 59
Surplus fund
Undivided profits
Premium accounts
RESOURCES.
Loans and discounts
No. 13
LIABILITIES.
Capital Stock paid In
day of October,
Ist
BANKER AND BROKER,
:
Total
$5,000,000 00
Capital stock paid In
Fred H. Smith,
In
on the
W. Pzbbt.
SECURITIES.
STREET RAILROAD STOCKS AND BONDS
AND ALL KINDS OF
BROOKLYN SECURITIES,
DEALT
IN.
SEE GAS QUOTATIONS IN THIS PAPER.
D. Probst
&
Co.,
STOCK AND BOND BKOKEBS,
J.
No. 52
EXCHANGE hLACK, NEW YORK.
STOCKS, Railroad Bokds, Govbr.vjiknts, and
ItlSCELLANXOUS SKCCaiTIEB, BOUGHT AND SOLD
.
THE CHRONICLE.
VI
[Vol.
Financial.
Coleman Benedict & Co.
Edward N. Bond,
ALBiKT H. Vbrnam,
Member N. Y. Stock Exchange.
34
BROAD
NBW YOHK.
ST.,
atnckn, Rollroad Bonds, GoTornmenU, and all 8eearltlos dealt In at tho New York Stock ExohanKe
IMwhtand »old for Investment or carrtea on mar0n. Btrtctlj on oonuulsslon.
E.
Bailey
S.
New
York.
Agent
In America,
W. FOUEKOT,
S.
Jr.
New York OlBoo,
BS
Boston
Central street.
44
Office
Wall Stiusex.
Beers, Jr.,
BONDS,
SECURITIES, CITY
BROORLYS
Co., China,
MKROHANTS AND SHIP AODITS,
Hsas Kons, Cnuton, Amoy, Foocfaow, Shaas
hai and Uankow.
OOKMIBSIOlf
Bonds and Governments Bought and Sold,
strictly on Commission, either for investment or
carried on mariiin.
N. T.
&
Russell
Stocks,
,
PINE STHBET.
T
Vernam & Company,
BANKERS AND BROKERS,
No. 34 tiexv Street,
XXM
Commercial Cards
Financial.
8T0CK AMD BOSD BROKERS,
'
Dealing
Gas Stocks, &c..
Stocks
Insurance
No.
1
A SPECIAI^TY,
NBW
r»»h rxld at once for the above Beenrttles; or
tbey wlU )>e sold on commission, at seller's option.
H.
L. Grant,
YORK.
No.
11
NKW
&
YOEK.
Bee quotAtions of Olty Railroads in this i>m>er.
&
Buttrick
Elliman,
BANKERS AND BROKERS,
Horn. 37 & 39 Wall Si, New York.
8ECDRITIB8
BOKOa STOCKS and IN VKSTMICNT
BOllGHT ANU SOLD N COMMISSION.
BANKERS,
So*
P. O.
D. A. BooDT.
Buttrick, Member of the N. Y. Stock Kich'ge
Box
447.
GK)LD
10 WAII,
803-404- 70-35 -332.
WD
throughout the
C.
Wadsworth.
B.
Kimball &'
7?. tT.
&
STOCKS.
Wm.
Shkldon.
Btamnd StU nt
Martin,
*C
&
kinds of
&11
v
-
A
ONTAKIO aSAMLKBS
-A^VNINO ST!'.L''K8.'
•
Ha-rre.
Pier (new) No. 42 North River, foot of Morton
street.
Travelers by this line avoid both transit by EngHallway and the discomforts of crossing the
Channel in a small boat.
lish
BA(>».
nlted $ltate» Kiiiiilns Company.
9npi»iy all WMths tmd Colors alwayi in stool,.
No. ion Dnane Street.
'Till
Co., George A. Clark
Between New York and
From
& Bro.,
Wed., Oct. 13,1:30 P.M.
CANADA, Frangnel
Wed., Oct. 20. 6 A. MLABRADOR, Sangller
Wed., Oct. 87, noon_
ST, LAURENT, Santelll
PRICE OF PASSAGE, (Including wine;
To Havre— First
cabin, $100 and »80. Steerage
including wine, bedding and utensils.
Return tickets at very reduced rates.
Checks drawn on Credit Lyonnuia of Paris In
amounts to suit.
$2tt.
I.017IS
BANKERS AND BROKERS,
6«
I,
Co.,
A'so. Aif^nt*
I
R. A. Lancaster
IV
Direct Line to France.
Ui«,BAS<JiNO.RAVKKS DUCK, BAIL TWISK-S
York,
Y. Stoei Bxckangi.
Commitsionj/or Cath, »r ••
Turner
COTTON CABVA8. FKLTIKQ DUCX, CAli Cov :C1,
New
Stocks, Bonds, ana all Invtttmtmt
Sttnrititt, in leU ia tmit.
O
COTTON SAILDUCK
BANKERS and BROKERS
4 Exchange Cowt,
nytart memitrthif in V.
New York.
CEXER.VL TRANSATLANTIC CO.
And
Co.,
vjorltL
JoS^h GiUott & Sons,
MoLellan, Jr.
REUBEN LELAKD.
C.
Brinckerhoff,
IN
ances made on same.
I
I
fiticuniiiiiips.
STREET,
All classes of neaotlable securities bought and
oM at the Stock Exohazige on Commission. Ad-
PABIS, 187 8.
and Am other Hylu may be had of all dealers
I
W
MBDAIs
iTts Celebrated Jfumbers,
Commercial Cards.
Wadsworth,
6c
BANKERS AND DEALERS
Wm.
New York.
^iuX WtM,
58 Broadfrayj cor. Exchangre Place,
TRANSACT A GENERAL BANKING BUSINESS,
INOLUDINO THE PURCHASE AND SALE OF
STOCKS AND BONDS FOB CASH OR ON MARGIN. BUY AND SELL COMMKRCIAIi PAPER.
Wm. BLLiMiN. Mem-!er of the iN. Y. MinlDK Bioh'ge
BOKDS
Slip,
l3oodt|t
CITY RAILROAD STOCKS & BONDS
BOUGHT AND 80LJ3.
Sheldon
Old
BROADWAY,
Ra. 146
C. A.
NEW STREET,
BROADWAY, NEW YORK,
DE BEBIAN,
Asent,
6 Bo^vllns Green.
DEAI.EHS IN
FlrsE-CIasx Invedtmeut
Insurance.
Securitlea.
OdVKKN.MEST BOSPS, STATR, CITY, COUNTY
EAILROAn* MISCKLLA-NEOHS
SElUTUITIKS
The United
Uouf^liC ttud Sold OQ CotnnilBsluu.
Tirainia Tar- KKfirnfile Couponn Bo^ight.
SOViUHSX SKCUKITIKS A SPEGiALjy.
LOANS NEGOTIATED.
IKTBREST Allowed ox Dkposits.
STOCKS
BONDS
and
SALES
AIHI>
BROADWAY. NKW YORK.
Assets,
Surplus,
AGENTS FOR
Bnrllngtou TVoolen Co.,
BONDS
o.v
WEDNESDAYS AND SATURDAYS.
ADRIAJV U. 1HUL.I.ER dc SON,
Ho. 7 PINE 6TP?I:T, new YORK.
Ellerton
New InUlB,
Atlantic Cotton BIUls
Saratoga Tlctorjrarig. Co., Ocean mils
AND
HosIerT, Sblrts and Drawers
Prom Various Mills.
NEW YORK,
BOSTON,
43 & 45 White Stuket,
15 Chauhcey Stbeet
PHILADELPHIA,
J. W. DAYTON, 2»0 CHESTNUT STREET.
Wir e Rope.
STEEL AND CHARCOAL
IRON of superior qnallt;
suitable for MINING AND
HOISTING PURPOSES
C^
Inclined Planes, TransmlsiSlon of Power, Ac. Also,
Co.
BANKERS,
W^ALL
Galvanized
STREET,
I*-:«|^rl 8
Newr York.
I
Transact a General Banklna Business, Inclodtne
ha^purohase and sale of STOCKS and BONOS for
aahor on marKln.
and Sell Inveatineiit Seonrltles.
But
BOX 2,M7.
WATLAND TBASK;.
P. O.
A. M. KIDDEB.
J.
MOESB
and
BB for Ships' Rigging, Sns>
'pension Bridges, Derrick
Guys, Ferry Ropes, Ac.
large stock constantly ori
hand from which any deare
cut
sired lengths
...
...
-
N. Y.
$4,9S3,«36 81
872,484 U6
JAMES BUEIJ President.
LIBERAL AND IMPCRTANT CONCESSIONS
LIFE INSURANCE CONTRACTS.
Examine the new ^rm of Pelloy issued by
,
IN
United States Life Insurance Company before
suring elsewhere.
After the premiums for three or more years hay
been paid, upon receiving the required notice from
the assured, the Company will continue the Policy
In force without further payments, for its FULL
FACE, for such a period as the ENTIRE BBSERVK
will carry it.
Should the d'ath of the Insured take place during
the continued term of Insurance as provided for
above, the full face of the Policy will be paid—n»
deduction being made for foreborne or unpaif
premiums, excepting in the event of the deat£
occurring within three years after the original
...
default.
„
..
The new form of Endowment Policy provides :—
That If the ENTIRE RESERVE Is a greater sum
than the single premium required to carry the full
amount of insurance to the end of the endowment
term, the excess shall be used as a single premittm
to purchase a pure endowment, payable at the end
of Bie term, thus guaranteeing to the policy-holder
In every event the full value of his Reserve.
NO SURRENDBll of the Policy is required only
a notice from the policy-holder, on blanks fur;
A °'5^*Ei THRe"/ yIaRS, all RESTRICTIONS
travel, residence,
FLAT STKKL AND IKOIl
ROPES for Mining pur-
poses manufactured to or-
w. mASON &
H.
Charcoal
Comp'y,
261—264 Broadway,
REGULAR AUCTION W^ashlngton nillH, Chlcopee Mfg. Co.
ot all cliksses of
STOCKS
400
HELIX NEEDLESl
E.R.Mudge,Sawyer&Co
At Auction.
The Undersigned hold
Life Insurance
iniL WARD'S
States
CO.,
43 Broadivay, Neiv York.
and CONDITIONS in regard to
occupation and cause of death are removed, thus
making the Policies, after three years. INCON-
TESTIBLB FOB ANY CAUSE, EXCEPTING
IT K.
A T 1 1)
The Company will, upon
lars giving full particulars.
application, send Circu-
Oefce of Middle Department,Boreel Building
No. 117 Broadway, N. ¥., Henry W. Baldwin, Sup'l'
:
October
.
THE (CHRONICLE.
1880.]
9,
'
Insurance.
IiMurance.
"
OFFICE OF THE
Nbw
The
OFFICE, 119 BROADWAY.
Co.
Yobk, January
ai, 1880.
TruBteos, In conformity to tlie Cliortor of
Total omoont of Marine Pre-
miums
$5,371,048 49
bave been issued
upon Life Risks; nor upon
Fire disconnected with Marino
Policies
Bisks.
Premiums marked
Flftjr-Fonrtb Semi-annual Statement,
SHOWING THl
CONDITION OF THB COMPANV ON THE FIRST
DAV OF JULY, 1880.
CASH CAPITAL
$3,000,000 00
Reserve for Re-iimiirance
1,890,9.^4 00
Reserre for Unpaid Lesies
160,391 83
N«t Surplus
1,366,888 06
Ca«h Assets
$6,390,233 89
MARTIN,
3,875,101 26
•
other Stocks
liOans secured
$8,875,558 00
by Stocks, and
ceivable
1,307,900 00
500,000 00
1,522,826 35
231,455 16
Coshin Bank
-..-
BEAVER STREET, NKXT YORK.
S3
W. &
H.
132 Pearl Street,
P.
O Box
paid.
n«NKY
F.S.WINSTON, presiden:
SSUES EVERY APPROVED DESCRIPTION O
JFEAND
POLICIEl
ENDOWMENT
)NTERMS AS FAVORABLE AS THOSE 01
ANY OTHER COMPANY.
ORGANIZED APRIL IEt.m |a42.
H. WAEE.
A
DiTldend of Forty per cent
is
de-
Ware &
H. CaAPMAN, Secretary.
TRUSTEES:
D. Jones,
Charles Dennis,
W. n. n. Moore,
J.
Horace Gray,
Lewis Curtis,
Edmund W. CorUes,
John EUiott,
Alexander V. Blake,
Robert B. MlBtum,
Charles H. Marshall,
Charles H. Russell,
^aracs Low,
David Lane,
Gordon W. Bumham,
A. A. Raven,
Wm.
Sturgis,
George W. Lane,
Edwin D. Morgan,
Robert L. Stuart,
James G. Do
Adolph Lcmoyno,
Beiyamlu H. Field,
Josiah O. Low,
"William E. Dodge,
Boy al Phelps,
Thomas F. Youngs,
C. A. Hand,
John D. Hewlett,
Forest,
Frederick Chauncey,
Charles D. Leverleh,
William Bryco,
WiUlam H. Fogg,
Peter V. King,
Thomas B. Coddlngton,
Horace K. Thurber,
William Degroot,
William n. Webb,
Henry Collins,
OiarlM P. Burdett,
John L. Riker.
J. D. JONES, President.
CHARLES DENNIS, Vice-President.
yr.
v
MOORE, 2d Vice-President.
BAYKN, 3d Vioe-Presideat.
H. H.
A. A.
Schroeder,
COTTON COMMISSION MERCHANTS,
New
111 Pearl Street,
York.
Special attention paid to the execution of orders
for the purchafe or sale of contracts for future de-
livery of cotton.
Liberal advances
made on con
sifinmenta.
&
Co.,
COTTON BROKERS,
Cotton.
117 Pearl
WU. MOHK. H. W.HAKEMANir. CLIMBMB FISCHER.
street.
New York.
Orders for Spot Cotton ,uid Futures promptly exe'
anted
Waldron & Tainter,
Mohr, Hanemann& Co.,
GENERA
COTTON ITIKRCHANTS,
97 PEARL STREET, NEW YORK.
COTTON BROKERS,
Future " orders executed at N. Y. Cotton Ezch'ge
138 PEARI. STREET,
James F. Wenman & Co.,
1.
'
NEW
YORK.
COTTON
OR-
i:;rokkr&,
No. 146 Pearl Street, near Wall, N. 1.
Established
(In
Tontine Building) ISM.
DERS FOR FUTURE CONTRACTS.
E. S. Jemison
&
Co.,
BANKERS
By order of the Board,
J.
GrLLL&T BCHROZSEB
MiissEis OVERS daooo,ooc Dennis Perkins
Special attention Klven to the execution of
clared on the net earned premiums of the Company, for the year ending Slst December, 1879,
Xor which certificates will be issued on and after
Tuesday, the 4th of May next
York.
Special personal attention to tbe purchase and saie
of 'CONTRACTS FOR KDTUUE UKLIVKUT
OK
COTTON.
THE
INSURANCE COMH'
OF NEW YORK.
Amount of Assets
$12,437,739 51
Six per cent Intereai on the outstand-
Fifty per cent of tbe Oatatandlne
Certificate* of the Issue of 1876, will bo
redeemed and paid to the holders thereof, or
their legal representatives, on and after Tuesday, the Sd of February next, from which date
Interest on the amount so redeemable will
cease. The certificates to be produced at the
time of payment, and canceled to the extent
New
.3,909.
Advances made on ConslgHments.
Total
ing certiflcatcs of profits -will be paid to the
holders thereof, or their legal representatives,
on and after Tuesday, the 3d of February next
H.
Farley,
J.
COTTON FACTORS,
COMMISSION MERCHANTS,
FINANCIAL, AdENTS
UMLLLF
840,730 77
othemiso
Boal Estate and claims due the
Company, estimated at
Premium Notes and Bills Re-
•
Fre«lden>.
Secretary.
04,
Assets, viz.:
COTTON BROKERS,
»e,3U0.233a8
J.
J. H WASHBURN,
Tho Company has the following
United States aad State of New
York Stock, City, Bank, and
N. T.
(street,
WALTER & KROHN,
In the
OHAS.
1,524,331
140 Pearl
MENT
from 1st
January, 1879, to Slst December, 1879
;
Losses paid during the same
period
Betums of Premiums and Expenses
COMMISSION MERCHANTS.
SDiniHARY OF ASSKTS
United States, avuiliible for the PAYof LOS8K8 by FIKK and for the protection of Pollcjr-Uolders of KHIK INSUKANCK:
Cash In Hiinlts
»82»,68a 45
Bonds and mortgages, beins drat Hen on
1.R52.92S 00
real cutate (worth (14,144.890)
United States stockii (market value)
t.TH.MO 00
Bank and railroad stooka (niarkt.-t value) 839.57fl 25
Slate and municipal b'ds (market value)
lfil,350 00
Loans on stocks, payable on demand
(market value tliO«,M« 4H)„
(IS8.8JM 00
Interest due on Ist July, laSO
83.810 47
Balance iu hands of agents
142. las HM
Real estate
86,101 16
Premiums due and uncollected on policies issued at this office
8.420 88
Held
Total
off
COTTON PACTOR9
OF NEW YORK,
tbe Company, submit tho foUowiag Btiit«ment
D* its affairs on tho 31st December, 1879
Fremiums received on Marino
Risks, from 1st January, 1878,
to 31st December, 1879
$3,699,066 58
Tremiums on Policies not marked off Ist January, 1879
1,671,981 91
No
Gwynn & Co.
Fielding,
Company
Insurance
Insurance
Cotton.
HOME
ATLANTI C
Mutual
Tfi
'
85
STOCKS,
WILLIAM STREET,
Co.,
BONDS,
NEW YORK.
dec.
Orders In " Futures" executed at N. Y. Cotton Exch
AND
COTTON COMMISSION MERCHANTSNo. 10 Old Slip, New York.
MOODY & JEMISON, Galreston, Texas.
P. Billups
J.
&
Co.,
COTTON
COJV MISSION ITIERCIIANT8
&
Co.,
COTTON
COMMISSION MERCHANTS,
No8. 74
Tohn F. Wheless
&
H. Tileston
COTTON,
&
76 Wall Street,
BANK BmLPIKQj
NEW YORK.
(SEAMEN'S SAVINQS
Special attention given to the Purchase and Sale
of Contracts for future delivery of Cotton : also,
execute orders or Purchajse and Sale of Stocks and
Bonds for Southern account.
i
HASHVILLK. TENNBS8KK.
Special attentton given o Spinners' orders.
spOBdence Bollctterl.
RKFBKitNOKB.— Thlr* and Fourth National
and Proprietors of Tuk Chboniolx.
Wm.
Cone-
No.
Felix Alexander,
COTTON BROKER,
AVGVSTA, GEORGIA.
Entire attention given to purchase of COTTOJJ ei
for SPINNERS and EXPORTERS
ORDER
COBBBBPONDKNOR SOLIOITSD.
References :—National Bank of Angiuta, Georgia
& Co., Commlsalon Merctaanta Ne*
York; William B. DanaA Co., Proprietors Cokmvb
AND FdAHOiAL CHSOiiiei.s, aud Other Ne«
Yoik Bouses.
Henrjr Henti
OL^i.
A. L. Leman
Banft-
&
Co.,
COTTON BROKERS,
160 SECOND STREET,
RIACON, GEORGIA.
Entire attention paid to purchiuic and shtpmco^t of
Cotton on order for Spinners and Exporters.
Best of references furnished. CorrospondefBC
solicited.
Parisot
&
Campbell,
Cotton Factors,
TICKSBURG, miss.
Orders to Purchase Cotton In our market solicited
Refer to Messrs WOODWARD A STILLMAK
New York.
:
THE CHRONICLE
TIU
8c Stillman,
INMAN,SWANN&Co "
SEAMEN'S BANK BUILDING,
&
T4
..Wo*.
COTTON
COMMISSION MERCHANTS,
IS^all Street,
T6
NEW
TOBK.
Cotton Exchange Building,
'•^ES'fiRAL COMMISSION MERCHANTS
New
101 Pearl Street,
XOANS nADB ON ACCEPTABtB
SECVKITIT.
York.
LOANS MADE ON
Xlberal BdTancos made on ComlgnmenU.
orders
Special attention paid to the execution of
for future
•«or the purohMo or sale of contracU
9, 1880.
Cotton.
Cotton.
Cotton.
Woodward
lOCTOBEB
COTTON
FACTS."
COST OF
RAISING COTTON
GIVES
THE PAST
SOUTHERN SECURITIES.
BESIDES A
SEASON,
ESSENTIAL
li I.
delivery of cotton.
&
Henry Hentz
SontU W^llllam
St.,
New
IforU.
Advances made on Conslunments to
Special attention given to the execution of order
through
execute orders for Merchandise
JStmuru. FINIiAY,
MUIB
ic
for the purchase or sale of Contracts for Future
CO.,
Clotli Covers,
Buck & Co.
11.
UIBXIK, i 31UHA a
ft
CC
LEHMAN BRO'S,
Cotton AND Factors
COItimSSION ISERCHAKTS,
40 EXCHANGE PLACE,
New
OF HARTFORD.
1880
unpaid
re-insurance fund
Assete July
111 Pearl Street,
New
anarket.
JOHN
HOUOIIST,
C. F. Hohorst
COTTON
London
125
&
Co.,
LIBEKiAL ADVANCES MADE.
Bpecial attention given to orders for the purchase
'iwid sale of Contracts for Future Delivery of Cotton.
&
s
COTTON BROKERS,
18S PEARIi STREET, NEW
Co.,
OaixNT, L.
I
"The Atlantic
&
Brown Cotton
Miscellaneous.
PABBRI.
E. P.
HOK.
TOBK
S. B.
Esq. (David Dows & Co.)
Esq. (l)rexel, Morgan &Co.)
HO L. YOKE,
ASTOU,
S4
Machine Hand-Made Papers.
WlUlam
St.,
New York.
Antique Parciiment Papers.
Plated Papers.
Bond Papers.
AGENTS:
C.
^AjtMONIATED Bone SUPERFIIOSPHATE OP LiME,
ALFRED
ORIENT COMPLETE MANURE,"
good working agent In every thriving
Apply (with reference) to
--flOtton-growlng county.
CRENSIIAW^,
Pres't,
Sr
&
D.
WHITMORE &
CO.,
BEEKMAN STREET, NEW YORK.
CONRAD &
CO.,
ST. I.OIJIS.
LyO.
PELL,
Rtsident Manager,
Crenshaw WAREnorsK,
Rlcluuond, Va.
Ins.
(OF LONDON),
AND
\r. G.
45
Lyommercial
Union
niASS.
Bnnkei's' Ledger and Record Papers.
Esq.
Esq.
CHAS. E. WHITE, SAM. P. BLAGDEN,
Office
Whiting Paper Co.,
CHITTENDEN.
EZRA WHITE.
OKHNT.'
"OFFER THEIR STANDARD BRANDS
Gins, Gin Feeders and
Condensers.
United States Board of Management,
Virginia
Fertilizing Co*
And want a
Co.
I.ONDON, CONN.,
COTTON GINS FOR EXPORT.
'BUKEKA"
"
CO.,
MANUFACTtTBEES 0» THK CELEBKATBD
MANAGERS,
YORK.
Receive consignments of Cotton and other Produce.
and execute orders at the Kxchsinges In Liverpool.
Eepreseuted In >iew Vork at the otUce of
JAmES
WOUKS AT
«<
COMMISSION MERCHANTS,
IT Water Street, IIVERPOOI.,
British
Ins.
39 Wall Street
I
B.F.BABCOCK&CO.
OF
J. J.
&
Mobile; N.
& Tren-
Walker
LONDON AND EDINRVRKH.
DAVID DOWS,
BROAD STREET, NEAV YORK.
Co.,
;
Deputy Manager.
AND SOLON HUMPHREYS, Ch'r'n.(B. D.Morgan & Co
SpoclU attention given to Investment secnriti
&
THE BR01¥N
Cotton Gin Company,
Mercantile
NEyi
BANKERS,
Copeland
R. T. Wilson & Co., Henry Hants & Co., Hopktsi,
Dwight & Co., Woodward & Stillman. New York.
John Phelps A. Co., New Orleans; MoodyAJeml-
NEW
North
Co.,
'-COTTON COMMISSION MERCHANTS
'iGeo.
PULSFORD, Resident Manager
Asst.
NEW YORK*
BABCOCK BliOTH&BS &
60 Wall Stbiit.
W. EATON, Deputy Manager.
GEO. W. HOYT,
PEARI. STREET,
&
E.
HENRY
ST.,
JtEFUBENCES :
A. Hardee's Son & Co., Savannah
holm. Charleston.
Globe
(5*
BEATER
son, Galveston; Gardner, Gates
BARRETT.
Heceive Consignments of Cotton and other produce.
"44
&
COTTON TRADE.
No. 25
45 William St»
JAMES
R.
Kevr York.
R. M. Waters
1,658,110
3,000.000
Insurance Companyy
COMMISSION MERCHANTS,
No.
rOB THK
Vork.
Sale In New York or Liverpool. Especial attention
«lTCn to Sale and Purchase of Future Contracts,
*oth in New York and LIVERPOOL, on reasonable
'-terms, and profits paid as soon as realized In either
V.
and
Liverpool
Liberal adTnnccs on consignments of Cotton for
<3HAS.
losses
.
Robert Murdoch,
PUBLISHBB OF
TELEGRAPHIC CIPHER CODES
$2,418,670
NET SURPLUS
No. 2 Cortlandt St., New York.
JAS. A ALEXANBEB, Agent.
COMMISSION MEECHANT,
75 Cents.
50 Cents.
-
A. B. Shepperson,
$7,076,680
1,
Capital
Crderi eietoted at the Cotton Exchanges In New
Torkand .^i.erpojl a»d tdruaw made on Cotton
«nd other produce consigned to ni, or to our corre-•pondents In Liverpool, Messrs. a. Newgass * Co.
'and Messrs L. Rosenheim ft Sons.
-
SHEPPERSON,
25 BeaTer St., New York.
Company
Insurance
Liabilities for
Ifork.
-
:
-
-
A. B.
iETNA
Lbhmak, Dcbb * CO.
Montgomery, Ala.
New Orleans, La.
-
-
PUBLISHED AND FOR SALE BY
Insurance.
LlvcrVool:
Samuel
'
P R IT! E
Leather Covers,
"
dellTery .
CALCUTTA AND BOMBAY.
DELIVERY COTCONTRACTS FOR FUTURE
and sold on commission In New York
bought
TON
also at New Orleans through Messrs.
ind
Cotton Statistics
FOR A SERIES OF YEARS.
NEW YORK.
CO.,
'^Ttteiwr.. JAMES FINI.AV &
UVEBPOOL. LONDON AND GLASGOW.
^Uo
Foulke,
conmissioN merchants,
\21 PEARL STREET,
OOWOTISSION MBBCHANTS,
•8
&
Bennet
Co.,
GENERAL
Branches In LEAnviLLi!. Buexa Vista and GCNNisoN City, Col.; Dallas and Housto.n. Tex.
Sole Proprietors of the " Original Biidwciscr,"
Trademark registered
in 18^7.
BUDWEISER I.ACERBEER,
IN BOTTLES,
Hops and choice
made from Imported S.w.er acknowledRed
the
Bohemian Barley, unlversnlly
best and healthiest Beer In the world. Warranted
to keep in all climates. Agents wanted In all towns.
Ash your Grocer for Conrad't Buaweiaer.
\
@FedFRASER