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ittatuM
onuntrtw1
HUNT’S
MERCHANTS’
^ W ^ e It I tj
representing
the
industrial
25
VOL
and
«r 0 pa p e r,
commercial interests of the united states.
SATURDAY, SEPTEMBER 1, 1877.
CONTENTS.
THE
nize the
CHRONICLE.
Central Pacific Railroad
Discount ..;
197
New York City Debt
198
A Company which Guarantees and
Sells Mortgages Not a Banker
Under the Revenue Law
199
Imports and Exports for July, 1877 2ul
—
THE
English News
Miscellaneous
204
GAZETTE.
Corporation Finances
205
Railroad
210
Earnings
218
COMMERCIAL TIMES.
Commercial Epitome
214
Cotton
214
217
...
Breadstuffs
merchants, who are accustomed to scruti¬
exchanges, but also by a multitude of other per¬
whose business interests
sons
Dry Goods
218
Imports, Exports and Receipts... 219
Prices Current
220
currency towards par with gold. To show the
our New York bank
reserves, we lately
extending
day morning, with the latest
news up
on
FLUCTUATIONS
Satur¬
to midnight of Friday.
TERMS OF SUBSCRIPTION-PAYABLE
For One Year, (including postage)
IN
For Six Months
Jan.
ADVANCE:
$10 20.
6 10.
Annual subscription
Six mos.
do
in London (including postage)
do
do
£2
5s.
1
6s.
London Office.
IN
THE
Friars, Old Broad
Street, where subscriptions will be taken at the prices above named.
Advertisements.
published at 25 cents per
line for each Insertion,
but when definite orders are given for five, or more,
insertions, a liberal dis¬
count is made.
No promise of continuous publication in the best place can be
are
Sven,
as and
all advertisers
must 60
have
equal
opportunities. Special Notices in
Financial column
cents
inking
per line, each insertion.
william b. dana,
John G. FLOYD, jb.
)
f
WILLIAM B. DANA & OO., Publishers,
'79 & 81 William Street, NEW YORK.
Post Office Box 4,592.
cents.
A neat file-cover is furnished at 50
cents;
Volumes bound for subscribers at $1 50.
For
postage on the
same
»t the office.
JtST The Business Department of the Chronicle is represented among
Financial Interests in New York City by Mr. Fred. W. Jones.
BANK RESERVES AND THE RATE OF DISCOUNT.
,
i
ft
26,758,304
28
24
31
44
7
26,921,427
Mar. 7...... 26,434,255
14
26,499,238
44
21
26,386,326
28
26.484,2 2
April 4
25,984.683
44
11
25,984,6:9
18
26,194 994
S5
25,679,710
May 2
25,004,621
9
24,837,739
44
4k
44
44
....
is 18
a
rates for
money
21
44
44
44
44
complete set of the Commercial and Financial Chronicle—
July, 1865, to dafo—or of Hunt’s Merchants’ Magazine. 1839 to 1871, inquire
The
£
it
17
16
24,993.663
44
23
44
30
24,854,497
25,009,187
25,225,001
June
6
44
13
44
20
44
27
July
4
44
11.
44
18
44
25
Aug.
1
Coin and
Bullion.
1876.
14
<4
JANUARY TO
£
28,214,165
27,997,732
27,355,214
27,230,028
26,650,241
26,376,903
26,438,259
10
SPECIE AND BANKING
1877.
44
The London office of the Chronicle is at No. 5 Austin
Transient advertisements
3
4i
Feb.
Subscriptions will be continued nntil ordered stopped by a written order, or
at the publication office. The Publishers cannot be responsible for Remittances
unless made by Drafts or Post-Office Money Orders.
several months.
over
made
table:
Bullion.
Financial Chronicle is issued
depletion
published
A similar
by the London Economist of
the reserves of the Bank of England.
It is extremely
interesting, and we compile from it the subjoined^
statement has been
tffyronicle.
and
affected by the pros¬
of
ENGLAND,
Coin and
The Commercial
are
pects of resumption and by the appreciation of the
statistics
209
Investments, and State, City and
Quotations of Stocks and Bonds. 208
THE
and
Local Securities
Exchange, N. Y. City
Banks, National Banks, etc
202
News
BANKERS’
Money Market, U. S. Securities,
in
I
'
Railway
Stocks,
Gold -Market,
.200
Latest Monetary and Commercial
Commercial
NO. 636.
bankers and
Bank Reserves and the Rate of
Foreign
MAGAZINE,
25,761,4*6
26,615,824
26,826,398
26,948.340
27,679,257
27,629,692
27,<29,505
26,741,531
26,071,553
25,606,877
RESERVES
OF
THE
BANK
AUGURT, 1876 AND 1877.
Bate of Banking
Banking
Discount,
1877.
21,215,761
2
21,594,233
21,981,619
22,246,317
22,355,451
1?,431.397
22,801,807
23,062,580
23,279,(20
23.542,637
23,93’,165
24,664,606
25,030,938
25,4:8,385
25,453,963
25,848,310
2^,258,6S7
26,377,261
26 327,853
26,565,349
27,095,222
27,600,672
27,547,181
28,494,020
29,480,613
29,959,412
2
3
80,190,692
*X
30,976,481
32,293,976
83,037,926
33,553,181
33,802,178
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
3
3
3
3
8
3
3
3
2
2
2
Reserve,
1817.
Reserve,
1876.
£
£
14,591,390
14,694,912
14,317,794
14,591,076
14.057,356
13,562,473
13,896,824
14,581,064
14,704,822
14,086,465
14,441,048
14,375,131
13,481,651
12,572,518
12,418,34
12,779,964
12,294,320
10,926,036
11,290,854
11,514,653
11,789,442
12,(53,767
12,189,816
13,081,796
14,209,534
13,832,853
13,174,000
13,911,797
14,031,602
13,569,230
12,983,171
12,172.803
12,060,017
8,132^41
8.970,658
9,6 9,819;
10,479,76210,1(9,471
10,743,132
11,412,267
11,805,745
11,740,555
12,153,292
12,603,915
13,486,896
18,179,863
12,979,685
12,731,158
13,391,740
13,800,027
18,157,471
13,364,018
13,662,419.
14,712,432
OF
Rate of
Disc'nt,
1876.
4
5
5
5-
4*
4*
4>
4f
4
4
4
4
3*
3*
3
3
2
2
2
2
2
14,816,202
14,667471
16,292,405
2*
17,474,443
2:
2
2
17,298,157
%
16,781,842
2'
17,704,436
2
18,934,701
19,723,295
19,621,201
2
2
&
in this country have, for some
8
2
2
19,876,523
time, shown a tendency to rise in response to the deple¬
2
15
2
34,605,976
21,018,406
tion of the reserves of our New York
One of the most obvious questions suggested by these
Clearing House
banks, to which we have recently more than once statistics is as to th8 cause of the two-fold movement of
directed attention. A similar depiction has been
going the specie accumulation in the Bank of England. Ih
on in the reserves of the
Bank of England, and the January, 1876, the coin reserve amounted to 21 millionsrumor, which for the past two or three weeks has often sterling, and it gradually increased, until on the 15th of
been current, that an advance was
inevitable, has this August it was over 34 millions. In January, 1877, it
week become fact
by the directors raising the minimum had fallen to 28 millions, and it is now 25 millions. It
rate of discount to three
In the present finan¬ thus appears that during the last twelve months the
per cent.
cial
situation, it is peculiarly important for us to under¬ Bank has lost 9 millions sterling of its coin reserves, and
stand the movements of the
foreign money markets. In that of this sum 6 millions left the Bank during the last
fact, during the interval which will elapse before the four months of the year 1876. If there should be a
time fixed for
resumption, the monetary changes abroad similar drain of 6 millions during the last four months of
will, of necessity, be watched, not only by our foreign the present year, it is easy to see that the Bank will have
•
4
198
THE CHRONICLE
[VOL. XX 7.
NEW YORK CITY DEBT.
active, if not stringent, measures to repair
The
City Comptroller has issued this week liia annual report
the loss, and to keep up its coin reserves to their proper
of the condition of the New York city debt and finances. It will
level.
With regard to the causes of this drain, they are
be remembered that the law of 1873 requires the publication of
not difficult to find.
The exports of gold from Great
such a report each year two months before the election of charter
Britain during the first seven months of 1876 were officers. This statement is for the year ending August 1, 1877.
£4,228,000, and the imports £13,252,000, leaving an
RECEIPTS AND DISBURSEMENTS.
excess of imports of
gold amounting to £9,024,000.
Our readers are aware that the city is raising and paying out
This year the imports for the first seven months in divers ways each year about $35,000,000. The ordinary city
and, second,
revenues are from two sources: first, taxation;
were £9,200,009, and the exports £12,396,000, sliowing“an excess of exports of gold amounting to £3,136,000. what is known as the general fund—a fund made up of all
If we turn to the accounts of the Bank of France, we moneys other than taxes received by the city, and not set apart
by law to increase the sinking fund. The largest amount
shall find that it has absorbed during the last year bul¬
received £rom this general fund has been, we believe, between
lion and specie to the amount of 110 millions of francs. three and four million dollars. So the amount raised by taxation
On the 17th of August, 1876, the coin reserve was 2,098 is about $31,000,090 each year. In addition to these receipts and
millions of francs, and on the 16th of August, 1877, it payments are the movements in the permanent and temporary
had risen to 2,212 millions. We need not go further in debt. We make these statements in explanation of the following
from the Comptroller’s report, showing the total receipts and
to resort to
.
i.i
3
.
!
87781
quest of the cause of the drain on the Bank of Englandsee that Great Britain has been heavily exporting
We
disbursements for the year:
Receipts—
$425,029 85
gold, and that besides the drain to Germany and other Cash in city treasury, August 1, 1876
Taxes...:
125,628,054 58
parts of Continental Europe, the Bank of France alone Arrears of taxes
3,434,67 1 91
has absorbed a considerable amount of specie and bul¬ The general fund, including surplus revenues of the sinking
fund for the payment of interest
2,988,269 51
lion, while the Bank of England has been losing them.
Loans—proceeds of bonds, including revenue bonds
31,723,250 92
Whether any changes are likely to take place in the Special and trust accounts
3,695,914 03
currents of the precious metals in the early future, is Appropriation account (amounts redepositcd for purchase of
gold, refunding taxes and assessments, &c.)
568,938 54
much'disputed. Some persons, relying upon the slight
Total
$72,464,132 34
fall in the exchanges between London and Paris, have
Disbursements—
supposed that a reaction is approaching. This view is, Appropriation
account
$32,983,564 49
however, contested on plausible grounds.
Special and trust accounts—
Redemption of city bonds
$30,517,000 00
Hence, it becomes a subject of serious importance to
Miscellaneous..
7,947,387 11
know how the drain is to be dealt with. For many
$3?, 494,3 37 11
years the only method by which the Bank of England
Add difference in amount of warrants outstand¬
has found it necessary to check suck a movement has
280,212 47— 3^,774,629 53
ing Aug. 1, 1876, and Aug. 1, 1877
705,938 21
been to advance its rate of discount.
Some years ago Cash in city treasury August 1, 1677
very few persons supposed that the time would ever
Total
$72,464,132 34
arrive when this old method would lose its power of
The above covers five months of 1876 and seven months of
checking a drain of gold from the Bank of England. 1877. In this connection, therefore, it should he remembered
We have frequently demonstrated the reasons for that the appropriations for city expenses in 1876 were $34,964,believing that the Bank of England would be obliged 395, and in 1877 were $30,934,269, and hence the above state¬
to adopt some new policy and to devise some more ment furnishes no results for comparison with the year’s
effective method of dealing with a drain of gold. The appropriations.
DEBT OF THE CITY.
time is now approaching when this question will be put
Of course, in the middle of the year, it is very difficult to make
to a severer and more definite test than ever before.
It a showing of the condition of the debt, which will indicate
is not easy to see how the Bank of England, in the face clearly its increase or decrease, since there is then so much larger
amount of temporary obligations out.
But the following
of so vast an accumulation of idle capital in the loan
market, can effect any notable advance in the rate of comparison will be found of interest, showing, as it does, the
bond debt, and securities in the sinking fund, on the first day of
discount, unless the demand for money should rise January and August of 1876 and 1877:
more ’ nearly
than at present to the level of the
-1877.—1876.—
August 1.
January 1.
supply.
It is quite a new] doctrine in econom¬ Classification of January 1. Avgustl.
$
Bonds.
$
$
$
ics that
the price of any commodity should be
80
121,319,183
Funded debt.
119,055,903 54 121,010,028 54 119,631,313 25
29,667,588 59
raised when the supply offering in the market exceeds
Less sinking fund. 27,748,307 30
59,231,281 32 28,296,-747 40
the available demand; but those who contend that the
91,335,065 88 91,651,615 21
91,808,744 22
Net funded debt. 91,-308,596 24
Bank of- England should raise its rate go farther still— Temporary debt—
22,117,9C000 22,371,40000 22,144,403 00
Assessment bonds. 21,322,20U CO
they would have us believe that the price of a commodity
Reveuue bonds.... 4,142,927 85
18.97b,646 04
6,101,844 51 18,300,977 01
should advance at a time when the supply is increasing
Totals
lie,773,724 19 132,913,295 26 119,811,210 39 132,038,992 22
and the demand is falling off.
Moreover, it is not only
This would indicate that our debt has reached the turning
in London that the loan market is full of excessive
point. Heretofore there has been a constant increase, and this
accumulations of idle capital. A similar state of things is the first indication of a contrary movement the tax payers
exists all over the Continent. At Paris the rate of dis¬ have had. For the reason we have siated above, however, this
count in the open market is If per cent; at Frankfort, result may not be the same at the end of the year. For the con¬
venience of our readers, we give the following detailed statement
2£ per cent; at Brussels, 2f per cent; at Amsterdam, 2|
of the funded debt, Dec. 31, 1876, showing the amount due in
per cent; and at Berlin, 2£ per each year when the bonds and stocks mature, payable from the
per cent; at Hamburg,
cent.
In view of the plethoric condition of the Euro¬
sinking fund and from taxation :
Amount
Amount
pean money markets, it is a problem involving many
payab'e from
payable
from
interesting practical questions which the Bank of Eng¬
To'al.
Sinking Fund.
Taxation.
Year.I',602.554 48
land has now to solve.
To us, more than to almost
7
$1,488,793 48
$113,755 00
3.672.919 48
2,748,000
03
924,949 48
any of the nations of Europe, it is important to
4,703,449 43
267,030 00
4,436.449 48
8.996.919 48
know what the Bank of
England will do and 1880
2,117,000 00
1,849.949 48
1,346,619 48
what specific policy she will adopt to recruit her coin l8Sl
1,346,619 48
1,757,153 91
1882 !!!',*.!
1,757,153 94
reserves.
an
-If
m
i
hi
m
s
September
THE CHR ONICL E
1,1877.]
Amount
Year.
1883
Amount
payable from
Sinking Fund.
$1,900,000 00
;••••
1884
1flCK
.,
...
1CQA
5,149,271 03
1837
10Q8
1fl?0
1,OOG,OCO 00
1690
1 BC.1
1009
A
payable from
Taxation.
Total.
$989,949 48
4,227,535 96
521,952 87
3,500,000 00
16,476,000 03
3,012,000 00
2,527,700 CO
1,609,800 00
2,565,200 00
843,000 00
97,000 00
4,477,535 98
3,707,949 48
3,654,949 54
10,108,671 00
3,924,939 14
5,C91,2C0 03
5,230,000 CO
2,072,600 CO
4,096.296 30
2,630,000 00
1,917,600 00
10,808,591 07
414,200 03
674,300 00
521,952 87
6,968,000 00
16,476,C00 CO
3,512,000 00
2,527,700 00
1,809,800 00
2,565,200 CO
843,000 00
397,000 00
900,450 00
475,000 00
1,230,450 00
3,707,949
3,654,919
4,959,400
3,921,939
5,091,200
48
54
00
14
00
4,230,000 00
2,072,600 00
4,096.296 30
151,000 CO
10,868.591 07
414,200 CO
1008
.
674,300 00
.
laqu
1900
500,000 00
1S02
joni
1901
1905
*
300,000 00
100,000 00
1907
iqnft
*
1909
475.000 00
1910
330,000
185,000
51,500
2,137
1911
1912
1914
00
CO
00
100.000 00
185.000 00
54,500
2,137
9,000
267,324
2,851,760
36
9.000 00
1Q1S
1916—Redeemable after 1693
267,324 40
2,851,760 34
it
it
1926-
$21,439,563 36
Total
The rates of interest
sified
as
on
CO
36
00
40
34
$98,191,749 92. $119,631,313 28
tlie above stocks and bonds
are
clas¬
follows:
$5,113,299 34
62,527,228 03
50,990,791 86
At 5 per
cent
At 6 per cent
At 7 per cent
Total
$119,631,313 28
The
foregoing table proves that the proposition to refund the
permanent debt of the city at a lower rate of interest than now
being paid is impracticable. The debt runs for long terms, and
s not subject to call.
To carry out such a scheme by purchase,
would be to increase the interest as well as the debt, because of
the premiums which it would be necessary to pay.
VALUATIONS AND TAXATION.
The assessed valuations of real and personal estates,
subject to
$1,101,092,093, which is
$9,821,101 less than in 1876.
The total amount of assessed
valuations of personal estate has decreased over ODe hundred
million dollars within the last five years, while the valuations of
real estate have increased very nearly as much during the same
period, so that the total valuations of 1877 are only three mil
lion dollars less than they were in 1872.
Within that period,
however, the area of the city and the taxable property have been
considerably increased by the annexation of a portion of West¬
chester Coifnty. The rate and amount of the taxes are also less than
they were in 1876. The tax levy for 1877 has not yet been con¬
firmed by the Board of Supervisors, and the «xact amount cf
taxes determined ; but the rate of taxation, the Comptroller says,
will certainly not exceed 2 65 per cent in 1877, against 2*80 in
taxation in the present year, amount to
%
IS.
1870
1871
..
769,305,410
...
...
...
...
...
...
%
1
Through the Courts our Internal Revenue Law, like all new
statutes, is gradually being interpreted. We have frequently
had to
complain of the disposition shown by over-zealous officials
meaning of its provisions—and thus
make the law, rathef than simply enforce it. One instance, which
was largely commented
upon at the time, our readers will
remember, and that was the attempt to tax all a private banker
or broker
might borrow as capital. The Court, however, when
appealed to, appeared to find little difficulty in reversing
the Commissioner’s decision, clearing up the confusion which
appeared to prevail in his mind as to what constituted the
business capital of a firm or individual.
A more recent case
under the same law, attempts to define what is a banker.
It
seems
that
the defendant in the
action, the Equitable
Trust Company, is a corporation created by the laws of the
State of Connecticut, with its principal office or place of
business at New Haven.
Its “only business has been and is
the investing of its own capital in mortgage securities on real
estate, and selling such mortgage securities with the company's
guaranty. It does not, nor has it ever, collected or received any
deposit of money subject to be paid or remitted on draft, check,
or order, nor
does it receive deposits, issue notes, or make
discounts of any description whatsoever, nor do any other
business than above stated.” In investing its capital in mortgage
securities on real estate, the manner adopted by the corporation
has been and is to make loans thereof to individuals, taking from
the borrower a bond and securing the payment of said bond by an
mortgage deed of real estate, executed by the borrower in \
conformity with the laws of the State where such real estate is
situated.
To the negotiation, sale and guaranty of such bonds
the company is exclusively devoted, and it incurs no obligations
except those arising from such guaranty. The only question
presented by the case was whether a corporation doing such a
business is a “banker” within the meaning of the Revised
to stretch to the utmost the
Statutes.
Mr. Justice
Strong, in delivering the opinion, said that the
company clearly was not a banker in the ordinary acceptation of
the word. But Congress has defined who shall bj regarded as
bankers for the purposes of taxation
The 3407th section of the Revised
under the revenue laws.
Statutes, page 673, has en¬
acted that “ every incorporated or other bank, and every person,
firm or company having a place of business where credits are
opened by the deposit or collection of money or currency, subject
to be paid or remitted upon draft, check or order, or where
money
is advanced or loaned on stocks, bonds, bullion, bills of exchange,
or
promissory notes, or where stocks, bonds, bullion, bills of
exchange, or promissory notes are received for discount or for
sale, shall be regarded as a bank or banker.”
The statute
describes three
classes of artificial
and natural
persons,
$305,285,374
306,947,223
306,949,422
$1,047,388,449
225
$23,569,127
1,076,253,633
1,104,074 537
1,129,139,623
1,154,029,176
1,100,943,699
1,111,054,343
1,107,092,093
2-17
29,361,674
32,035,460
29,230.996
It is true the bends of the borrowers
gages, but the bonds are mere
is advanced or loaned on the
are
taken with the mort¬
evidence of the debt. The money
security of the real estate mort¬
1673
292.447,643
2’50
836,691,980
1874
280
881,647.995
272,481,161
32,306 334 gaged, and not on the security of the bond. We think Congress, in
1875.
294
...; 883,643,545
217.300,154
32,368,Sre the clause of the act we are now considering, intended reference
1876
2-80
*892,428,165
218,626,178
81,105,531 to transactions entirely different from leans or advances made
1677
206,028,160
+2-65
895,063,933
*29,175,940 on the
personal promise or undertaking of the borrower, ffhe
*
The amount of valuation of real estate has been reduced to $892,287,015.
words
used
are not technical.
They are, therefore, to be under¬
on account of errors and alteration of ihe tax
rollB, since the tax levy was
made.
stood in their common and popular seme.
[Dwarris on Statutes,
4 Rale of tax estimated for 1877.
t Amount of tixts estimated for 1877.
573J. And that in common understanding an advance or loan of
These exhibits of the Comptroller are certainly more satis¬
money on stocks, bonds, bullion, hills of exchange, or promissory
rotes
is an advance or loan where those species of property are
factory than any our people have been favored with during late
years.
■
pledged as collaterals, or are hypothecated to secure the return
1872....
1
MORTGAGES
'
'S
s
SELLS
distinguished by the nature of the business transacted
by them, and declares that individuals embraced in either of the
classes shall be considered bankers.
The first class is composed
of those who have a place of business where credits are opened
by the deposit or collection of money or currency, subject to be
paid or remitted upon draft, check or order. It is not claimed
the company engaged in that branch of business or that they are
1876. The amount of taxes to be levied in 1877 he estimates at
included in this first class.
The agreed state of facts expressly
$29,178,940 47, against $31,109,521 60 in 1876, a decrease of
repels any such claim.
$1,930,581 32. The amount of appropriations for all purposes
The second class are those who have a place of business where
in 1877, exclusive of State taxes, is $26,821,385 63,
being $909,- money i3 advanced or loaned on stocks, bonds, bullion, bills of
820 53 less than in 1876.
The following shows the assessed val¬
exchange, or promissory notes. It is contended on behalf of the
uation of real and personal estate, the rate of tax, and the
plaintiff in error that the company is included in this class,
amount of taxes levied in each year, from 1870 to 1877, inclusive:
because it advances or loans money on bonds.
The case, how¬
Assessed
Assessed
valuations of valuations of
Total
Rate of Amount of ever, states that all the loans the company makes are invest¬
ments of its own capital in mortgage securities on real estate.
Years.
rex estate.
valuations.
tax.
taxes.
personal estate.
£
i
GUARANTEES AND
NOT A BANKER UNDER THE REVENUE LAW.
$2,889,949 48
2,6CO,OCO 00
1891
1895
1893..
1897
COMPANY WHICH
199
.
,
.
-
290
THE CHRONICLE.
200
[v0L. xxv.
-
—
—
-
—
■
the sum lent, is unquestion¬ C. P. company, who are also its principal stockholders, may reply
ably true.
It can be nothing else where the money is that the terms are a matter of indifference to the holders of bonds
c
advanced or lent on stocks or bullion, and, by the statute, bonds, on the Central Pacific Railroad, its lands, or its branches.
The
most
useful
part of the pamphlet report, practically speak¬
bills of exchange, and promissory notes are placed in the
same catalogue with stocks
is
the
ot earnings and expenses for the six months
ing,
statement
and bullion. All of them are
alike the subjects on which the advance or loan is made. ending June 30, 1877, given below at the end of the report
It is a fair presumption, therefore, that Congress regarded This shows a decrease in gross earnings of $13,785, an increase
an
advance or loan on bonds as similar in its character in operating expenses of $549,211, and a consequent decrease in
to an advance or loan on stocks, involving in each case a hypothe¬ net earnings of $562,997.
The exhibit is unaccompanied by any
cation of the subject on which the advance is made. If not so, if remarks, and we are left to draw the conclusion that the showing
it was intended to embrace loans generally, there was no necessity compares less favorably with 1876, on account of the leased lines.
for introducing the qualifying words “ on bonds, bills of exchange, In view of the drouth in Southern California and decrease
or promissory notes.”
It was, howev*r, not the lending, but the in crops, it is interesting to observe that the total receipts
method or mode of operation, which was in view. If it was mere from grain traffic were only $347,041 in 1875, and $565,113 in
lending Congress had in contemplation, it is difficult to conceive 1876.
The President’s remarks are as brief as usual, and are limited
of a reason why mortgages of real estate were not included with
stocks, bonds, bullion, &c. But it is a well-known common usage to a bare recapitulation of figures. He Bums up the assets of the
for banks to make advances or loans on the hypothecation or company as follows:
pledge of such property, though not upon the hypothecation or 1,214 m les of main line of railroad and telegraph, with all neces¬
sary sdlngs, turnouts, switches, turn-tables, depots, depot
mortgage of real estate. There was a reason, therefore, for
buildings, round houses and snow galleries ; also, wharves,
slips, piers and steamers for ferries at San Francisco.
(cost) $133,048,312
omitting real estate from the catalogue of things upon which the
7,494,209
Equipments for same—locomotives, cars, snow-plows, etc...(cost)
advances or loans contemplated might be made.
Advances on Real estate purchased for use of road
(cost)
1,135,939
hops and ma hmeiy
(cost)
1,607,412
that are not within the ordinary business of a banker.
To us, Telegr’p
i insirum’ts, furnit’re, safe, etc., at stat’ns & officeafcost)
135,799
(cos )
750,231
therefore, it appears plain that it is the business of advancing or Sacramento River steamers
Material on hand—
lending in the mode usual wiih bankers, that is,on collaterals or
For track repairs.
636,276
In shops for constructing and repairs, per inventory
(cost)
818,817
on the pledge of personal property, that, by the statute, is defined
In store of supply department, per inventory
(cost)
63,081
to be banking, within the intention of Congress, and that lending
Fuel on hand, per inventory
(cost)
'.
779,302
Farming land—estimated value
30,000,000
upon mortgages of real estate is not intended.
Undivided half 60 acres land in Mission Day, in San Francisco ;
-of the advance
or
the payment of
.
-
The third class described
have
500 > cres water front at Oakland ; about 140 acres and water
front at Sacramento : estimated value, independent of improve¬
ments
by the statute comprises those who
place of business where stocks, bonds, bullion, bills of
exchange, or promissory notes are received for discount or fo r
sale.
The language is not “where stocks, bonds, &c., are sold,”
or “ are held for sale.”
Surely, Congress did not intend that
corporations or persons who have a place of business where they
sell their own stocks, bonds, bullion, bills or notes should be
regarded as bankers. If they did, a vast proportion of the
corporations and of the merchants and manufacturers of the
^country would be included. But the language of the statute is
where ” such property is “ received ” “ for discount or for sale.”
The use of the word “received” is significant.
In no proper
a
tf
4jense can
it be understood that
one
receives his
own
sell them afterward. Nobody would understand
that to be banking business.
But when a corporation or natural
person receives from another person, for discount, bills of
•exchange or promissory notes belonging to that other, he is
.'acting as a banker, and when a customer bring bonds, bullion,
*er stocks for sale, and they are received for the purpose for
wvhich they are brought, that is, to be sold, the case is presented
which, the Court held, was contemplated by the statute. In
common understanding he who receives goods for sale is one who
receives them as an agent for a principal who is the owner.
He
is not one who buys and sells on his own account.
The Trust Company, in this case, lent its own money, taking
bonds and mortgages therefor.
Those bonds it sold with a
guaranty. It sold only its own property, not what it had received
though he
may
from other
defined
owners
by the
for sale.
revenue
Hence it
was
not
a
$185,047,754
/.
Total..
banker,
IN
EARNING8 AND EXPENSES
1876.
Earnings.
Total in
Total in
Coin. Currency.
$
$
Coin.
Cur’ncy.
$
Freight.. 6.603,545 3,423.872 10,773,618
Passenger 2,821,585 2,761,719 5.008.821
26’,3U5
Express..
135,455 116,043
Mai
25',638
259,638
Misceirus
298,60 1
3,27 1
335,614
Sleep, car
58,939 144,733
210,332
Currency. Cur’ncy.
$
$
$
Telegraph
Rental..
.
Baggage..
Mileage...
123,347
14,024
156,874
54,407
3,138
63,693
18.296
75,055
57 051
18,587
77,418
ia3,126
10,201,133 6,793,082 18,146,944
expenses.
Total in
Total in
Currency.
Currency.
$715,316
$61983 Repairs of
Superintendence
cars
Leased railroads
Office expeuees.
724,408
Station service
659,030
T< legraph service
Tra n service....
201,402
5i6,o09
jsieepii g car service
Ferry service
31,683 Advertising
392,000 Loss and damage (freight)..
Locomotive service
Snow service
....
Repairs of track
1,343,545
150,969
1,982,493
72,805
sheds
do
do
do
bridges
buildings
64,640
70454
do
docks
29.849
snow
do
553,341
engines
Damage (persons)
Miscellaneous
Water
Insurance and loss
by fire..
Years.
as
laws.
1864 & ’65.
1856
1867
1868
1869
1870
1871
1872.
1873
1874
1875
1876
The annual report of this great corporation, which practically
"Controls the whole railroad system west of the Rocky Mountains,
has just been issued for the year 1876. The report, though
$519,095
854,268
1,433,645
2.312,017
5,6-0,822
4,083,132
4,9.1.529
7.4l)U,U89
7.643,4b9
8,276,3 <1
9,063.729
10, ,01,133
56,149
55,734
48,988
36,974
Total
..
1864.
$8,732,074
$9,414,869
sold at a
*
Earniigs
over
Per cent.
of
Miles of
Total coin To al coin operating
road
and
and
expenses. operating
currency. currency. Coin & c’y. expenses. operated.
18 to
56
86 Y7
$328,209
$190,886
$519,095
66 to
94
23*22
20 J,7 22
864,258
663,545
23*27
94 to 137
333,623
1,100,021
1,433,645
36*46
137 to 463
843.168
2,312,017
1,468,850
52*78
468 to 742
5,670,8^2
2,993,523
2.677,299
49*31
742 to 900
7,4;-:8,970
3,661,018
3,774,951
43*34
90 to 1094
8,862,054
3,840,802
5,021,251
1094 to ;222
41*88
6,952,361
11,963,640
5,011,2*. 8
1219 to 1222
G8 68
4,969,271
7.894,681
12,‘•6 ,952
1219 to 1213
38*71
5,268,131
13,611,030
8,142,898
1287 to 1309
41*41
6,487,199
15.665,- 81
9,177,882
46*23 Average 1425
16,994,216
7,857,211
9,137,004
Earnings.*
Coin.
27,389
25,772
18,656
Mileage
Operating
14,693
’
Lighterage
EARNINGS AND EXPENSES YEARLY SINCE
.
202,412
45,366
Stationery and printing....
Earnings over operating expenses
Note.—The currency sold by the company during the year was
discount equal to a premium on gold of 11 30 per cent.
CENTRAL PACIFIC RAILROAD.
Noth.—Miles operated in 1876
,
expenses.
.
include leased roads.
long after the close of the fiscal year, is always inter¬
DOINGS IN TRANSPORTATION.
esting, and the more so, perhaps, from the fact that the Central
The General Freight Agent’s report gives the following:
Pacific system is more or less isolated from the balance of the
1875.
1876.
railroads of the country, and is not dependent upon the same
Pounds.
Pounds.
influences for its prosperity.
Thus, while the year 1876 was Loral freight
1,850,622,684
1,499,979,366
377,547,959
347,587,072
notoriously unfavorable for railroad traffic, we find that the Through freight...
658,010,531
520,695,478
Company’s freight
gross earnings of the Central Pacific increased by some $1,300,2,886,171,174
Total
2,368,261,916
000; but this was owing in part to the additional mileage, and
the operating expenses increased more than the gross earnings.
Of the local freight, there were forwarded to the general mar¬
Here, too, is a new departure—the Central Pacific has leased the kets, from the agricultural districts, 331.014,564 pounds of grain,
whole or a part of the Southern Pacific of California, and at the from which we earned, in coin, in 1875, $347,041; and, in 1876,
close of 1876 its mileage operated had run up to 1,660, against $565,113. In local freight, there was an increase of 23 38 per
cent, or 350,643,348 pouuds, and an increase of 21*68 per cent
1,300 at the close of 1875. The bondholders will naturally tons hauled one mile. In through freight, there was an increase
inquire as to the terms of such an important lease, although their of 2y,060.887 pounds, or 8 62 per cent, and of tons hauled one
bonds! haviDg a lien of unquestioned priority, the managers of the mile, 7*98 per cent in exeess over 1875.
issued
'
800,318
stocks and
bonds, or bills, or notes for discount or for sale. He receives
the bonds, bills, or notes belonging to him as evidences of debt,
7,750,000
Ca?h
so
'
September
THE CHRONICLE.
1,1877. j
freight earnings per mile, on a basis of 1,309 miles
operated in 1875, and 1,424 inl876 (average), were as follows :
The
1875.
In currency,
The passenger
as
was as follows :
Dec. 31, 1875—,
traffic
.—Year ending
c
Total
Eastw’d. Westw’d.
1876.
$6,918 31
6,*01 29
7,592 29
earned
rate of exchange
at an average rate of exchange
In cotn and currency,
In coin, at an average
E & W.
$7,087 82
6,793 91
7,561 55
Year ending Dec. 31, 1876—,
Total.
Eastw’d. Westw’d. E.& W.
30.422
71,919
8 ,855
60.565
105,341
“
288,149
235,413
573,502
352,753
338,529
Ferry... 1,935,661 2,147,750 4,083,411 2,379,586 2,603,391
Through—Rail
focal
**
2,254,282 2,508,082 4,762,314
Total
2,770,174
98,420
691,262
4,982,957
3,002,485
5,772,659
Upon computation, we find that the average distance traveled
by each passenger was 29 90 miles, and that the average charge
per mile per passenger was 3 24 cents.
1372.
1873.
1874.. 1875.
Average number of miles traveled by each
35 33
passenger ...
Average charge per mile, per passenger, in
36-85
34*77
35 35
29 90
3-65
3 52
3*27
3 24
cents
• ••
Decrease in rate in
1876,
as
••••
3-83
1876.
•
compared with 1875, is *92
per
the railroad company at
Government price. All of the even-num¬
bered sections witbin a reasonable distance of the line of the road
are now thus appropriated, and the demand for the railroad tim¬
ber lands is yearly increasing and enhanced prices are obtained.
The lands in Colusa and Tehama counties, California, hereto¬
fore reserved from sale by order of the directors, until after the
completion of the railroad from Woodland to Williams,
PROFIT AND LOSS FOR YEAR
$3,395,468
EARNINGS
AND
340,5o8
Taxes
General and miscellan¬
eous
469,327
193,758
21,867
expenses
Legal expenses
Cml engin ering
Discount on currency re¬
670,528
ceipts
Less expense
of operating
Int. on sinking
7,657,211—
funds...
Operating river steam¬
ers and
§,137,004
176,214
barges
79,916
10,265,589
$19,639,083
$19,699,088 Janaary 1, 1877—Balance
GENERAL LEDGER
brought down
BALANCE SHEET, DEC. 31, 1876.
$133,048,315
7,494,209
Equipment
1,135,989
Real estate
Shops
Machinery in shops
Furniture, telegraph instruments, safes, etc
Steamers, Sacramento River
Sinking Fund No. 1, for redemption of conv. mort. bonds
Sinking Fund No. 2, for redemp. of California State Aid
Sinking Fund No. 3, for redemption of 1st mort. bonds
company, series A, B, C, and D
Sinking Fund No. 4, for redemption of 1st mort. bonds
companv, series E, F, G, H, and 1
Sinking Fund No. 5, for i edemption of 1st mort. bonds
Western Pacific, series A and B
Sinking fund No. 6, for redemption of 1st mort. bonds
California & Oregon, series A
Sinking Fund No. 7, for redemption of 1st mort. bonds
..
9.->l,S!8
655,593
135,799
750,231
890,915
473.823
..
bonds.
of the
473,828
of the
804,738
of the
100,000
of the
100,000
848,617
63,081
636,2:6
777,S02
800,318
$149,666,063
$54,275,500
By Capital stock....
65,457,000
of sales
$399,013
16,065
160
882,947—
715,669
5,700
Hospital fund
59,131
27,655.680
10,265,589
1,015,0t,8
Government bonds
Profit and loss
Balance of accounts
$149,666,063
LAND DEPARTMENT.
Of the land hoods there have been 9,840 sold, leaving 160
unsold. The trustees have redeemed 1,136 for the sum of $1.-
038,015 gold coin, leaving 8,704 bonds outstanding July 1,1877.
The trustees have cash on hand in coin $331,066 applicable to
the redemption of these outstanding bonds.
The land agent remarks: Most of the lands that have been
sold were purchased for gold on a credit of fivev years ; a payment
of twenty per cent being made at the time of purchase, the re¬
mainder to be paid at the end of the term, with annual interest,
payable in advance, on all sums remaining due. No sales have
been made during the past year except for gold.
Since the execution of the land trust mortgage, October 1,
1870, there have been sold, to December 31, 1876, 311,104 acres
of land for $1,722,493, being an average of $5 53 per acre, as fol¬
lows: from October 1, 1870, to December 31, 1872, 122,765 acres
for $484,227, averaging $3 94| per acre; in 1873, 58,733 acres, lor
$410,314, being an average of $7 per acre; in 1874, 63,846 acres,
for $388,824, being an average of $6 09 per acre; in 1875, 29,254
acres, for $163,725, averaging about $5 60 per acre (this includes
160 acres granite quarry, donated to the State); in 1876, 36,503
acres, for $275,400, averaging about $7 54 per acre.
There has been paid to the trustees under the land trust mort¬
gage, up to December 31,1876, the sum of $1,206,653 coin and
$8,677 currency, making a total of $1,215,330. There remained
due and unpaid December 31, 1876, on the lands sold since Octo¬
ber 1,1870, $831,336 in coin.
The timber lands of the company,
could not be
readily sold for
a
while intrinsically valuable,
few years after the completion of
the road, for the reason that the alternate
reserved from sale
even
sections
were
by the Government, and, under the theory of
the law, they were only
subject to pre-emption, and could not be
disposed of in any other manner. The proprietors of the saw¬
mills fou d it to be cheaper to pay their employes for
filing a
preemption—and thus obtain some kind of authority to remove
the timber—than it was to
buy the odd-numbered sections from
FOR
Feb...
March.
April...
May..
.
June...
SIX
MONTHS
1877.
earnings, expenses.
Coin and Coin and
currency, currency.
Net
earnings,
$550,115
$>66,530
505,228
534,858
597,947
616,486
602,135
434,888
516,744
731,126
1,029,774
939,) 92
$916,646
989,566
1,101,602
1,829,078
1,646,210
1,541,328
THE
Gross
Operating
Total.. $7,474,428 $3,456,721 $4,017,706
Operating
earnings,
Jan
Feb....
March..
$1,122,834
April..
...
I May.,
| June*
.
.
Net
expenses.
Coin and Coin and
currency. currency.
earnings.
$409,250
911.813
$713,633
698,664
1,209.347
720 195
1,387.269
647,955
1,494.822
1,385,000
655 4*4
789,814
838,837
670.000
665,000
813,154
489,151
| Total.. $7,460,642 $4,005,933 $3,454,700
Increase
Decrease
$549,211
$13,785
$562,997
*
The earnings and operating expenses for the month of June, 1877, are
estimated: but the accounts for the month are so nearly written np, that
there will
De
little variation from the actual result.
IMPORTS AND EXPORTS FOR JOLT, 1877.
Statement, by Customs Districts, showing the values of mer¬
imported into, and exported from, the United States
during the month of July, 1877 :
25,000
of the
repairs
Funded debt
Lana department receipts to date, on account
previous to Oct. 1, 1870
Less expenses to Dec. 31,18<6
Trustees of land grant mortgage, currency
“
“
“
coin
Unclaimed dividends
(MONTHLY)
80TH, 1876 AND 18(7.
chandise
California & Oregon Division, series B
Materials in shops
Materials in store
Materials for track
Fuel
Cash
Jan....
$10,265,589
Construction....
company,
EXPENSES
1876.
Gross
By Balance
4,342,040
Dividends Nos. 5 and 6..
^Balance carried down...
OPERATING
ENDING JUNE
1876.
to credit of
this acconnt, Jau. 1, '76 $10,305,953
Earnings for
year 1876.. .$16,991,216
are now
sale. The company has many valuable tracts of firstclass farming lands in these counties, and, as they lie in that por¬
tion of the State that has never been subject to drouths, it is safe
to estimate large sales during the present year, at greatly en¬
hanced prices.
Heretofore so much has been done toward inducing immi¬
grants to settle in the southern counties, that a large portion of
the immigration sought that part of the State, and the large
tracts of farming and grazing land In the northern portion, where
irrigation is not a necessity, and where crops never fail, have been
neglected. At the present time, the immigration is toward the
northern counties, and it is safe to predict a rapid increase of
population and consequent increase of sales of land.
open to
cent.
To Interest
201
Customs
Districts.
Alaska, A.T.
Al’mrle, NC.
Al’xdria,Va.
An’polis, Md
Ap’chcola, F
Aroost’k.Me
Imports
Exports.—
risHio lTJVki**For’n
Doin’tic
$
$
$
Customs
Districts.
Mobile, Ala...
*480
Montana, Ac..
Nantucket, Ms
Natchez, Mi is
Newark. NJ..
Imports
-Exports.Domestic For’n.
‘
$
28,831
*i49
*338
N Bedford, Ms
13.042,006
41.441
Baltimore.. 1,434,826 2,781,758 5,264 Nburyport,Ms
Nw Haven, Ct
66,975
1,323
82,619
Bangor, Me.
N London, Ct
37,180
B’stable, M's
N Orleans, La
318,305
12,209
2,607
Bath, Me.
Newport, R.I.
Beaufort,NC
71 ‘,466
NewYork,NY 23,021,475
Beaufort, SC
80
151,888
2,303
Niagara, N.Y.
Belfast, Me.
710
Norfolk, Ya
Boston, Ms.. 3,932,361 3,604,951
82,192 66,149 Oregon, Or.
Brazos, Tex 101,751
50,316
O’gatchie, NY
BridgeCnNJ
353,416
Br’l&W’n RI
Oswego, NY
565
Brnnsw’kGa
Pamlico, NC.
43,325
not
P del Norte, T
BuffCrk, NY 216,343
19,307
Bari ton, NJ
75,913
P’qnoddy, Me
P. River, Miss
C V inc't, N k
16^960 62j 929
*35
361
Pensacola, F..
Castine, Me.
P. Amboy, NJ.
Chmpl’n,NY 195,521 145,700
Petersburg. Va
12,293 125,278
Charlstn, SC
Philadelphia.. 1,849,525
Ch'stone, Va
26,777
10,349 209.510 1,18* Plymouth, Ms
Chicago, Ill.
76,157
37,032 3,257 Portland, Me..
21,229
Corpus Chris
2,5’.9
Po'moutu, NH
Cuyahoga, O 13,168 128,038
Providence, RI
12,358
Delaware, D
762
68*353 122,871 1,024 Pt. Sound, WT
Detroit, M’h
196
Richmond, Va
5,707
Duluth, Min
Dunkirk NY
Saco, Me
S. Harbor, NY
EastDi8t,Md
3.434
Salem, Mass..
Edgart'n,Ms
20,907
Saluria, Tex..
Erie, Pa
15,866
2.230
San Diego, Cal
118
654
Fairfield, Ct
1,139
F. Riv. Mass
Sandasky, O.
S.Francisco,C 8,025,529
Fernand ina.
5*,M9 llj574
F. Bay, Me.
Savannah, Ga
14,400 215,526 3,078 S. Oregon, Or
Galvest’n, T
St Aug'tlne.F
Geoesee.NY
12,257
53,782
not
St John's, F..
502
George'n, DC
St Mark’s, F..
George’n, 8 C
St Mary’s, Ga
U,i46
Gloirter, Ms
Stonington Ct
GtEHar.NJ
*999
68*,466 702,994
48,438 Superior,Mich
Huron, Mich
.4
Tap’nock, Va
Knbnnk, Me
Teche, La ..
40,797
78,536
Key West, F
Vermont, Vt.
833,071
L E Har, NJ
Vickeb’g Miss
Machias, Me
243
Wal’boro, Me
Mar'head, M
not
12
Willamette.O.
335,830
Miami, Ohio
Wilm’ton, NC
8
12,753
12,265
Mic'gan, Mh
Wiscasset, Me
M’town, Ct.
York, Me
Milwank, W
950 Yorktown, Va
110,841 297,550
Min’sota, M.
$
$
71,941
lfc5,500
27,894
5,244
10.621
110
55-
1,602,022 47,653
22,511*619 348,245
2,884 18,83$
64,640
187.350
61,693
174.258
2,417
reported
201,331
37,361
89,413
16,375
80
5,(XX*
2,642,193
45,553
7,075
45,821
369,731
..
5,522
84,232
3 089
8,374
1,283.147
60,281
8,167
•
•
•
•
75*917
reported
10*500
26*, 193
93*918
*330
reported
231.616
-8,068
..
the totals for the month of July:
nports...$40,822,641} Domestic exports.$39,432,783 | Foreign exp’ts...$831,522
The following are
Specie value of domestic exports, $37,490,332.
*
Foreign exports, Boston, $216,115.
Comparative statement of the imports and exports of the
July 31, 1877, and for the
sven months ended the same, compared with like data for the
^responding periods of the year immediately preceding:
fnited States for the month ended
Corrected to August 25, 1877.
LSPXCIB TALUKS.]
1877.
,
Month
of
c
July.
Merchandise.
Foreign
Excess of exports over imports
Excess of imports over exports
Total
r
2,480,767
.......
$1,199,802 $29,097,0^5
8,583,455
$8,697,787 $38,433,014
591,869
4,244,776
$4,483,561 $37,630,460
$9,289,656 $42,677,790
12,618,549
997,111
6,320,765
exports over imports $3,491,749 $25,061,911
imports over exports
$8,292,545
$36,357,025
991,815
Imports
Excess of
Excess of
$59,300,021
$9,236,241
$35,422,016
$
283,762
Foreign
I
ended
July 31.
July.
bullion).
Gold & Silver (coin &
Exports—Domestic
m
ended
July 31.
—
7 Mos.
Month
of '
$33,341,874 $332,615,297 $39,783,328 $3’2,248,894
40,822,641 297,193,251 30,547,087 262,948,870
Total
Imports
M
1876.
v
7 Mos.
$37,490,3)2 $326.019,9V) $38,504,010 $313,099,872
1,279,318
9,149,022
831,522
6,595,397
Exports—Domestic
Total Merchandise and
Specie.
$41,690,'f51 $355,116,905 $47,201,797 $351,532,886
1,871,187
13.393,798
1,115,284 15,178,852
Exports—Domestic
Foreign
$42,325,433 $370,295,757 $49,072,981 $361,926,684
45,814,456 309,811,800 31,544,193 269,269,635
Total
Imports
Excess of exports over imports
Excess of imports over exports
$1,610,982 $60,483,957 $17,523,786 $95,657,049
latest monetary attiJ
(Commercial (Sitglisl) Neroa
RATES OF EXCHANGE AT LONDON AND
AT LATEST DATES.
EXCHANGE AT LONDON-
ON LONDON
EXCHANGE ON LONDON.
AUGUST 17.
LATEST
RATE.
TIMS.
OH—
RATE.
TIMK.
DATE.
■
•H;
Amsterdam... 3 months. 12. IX 312.23*
25.30 (&25.35
Antwerp
©20.63
©25.20
3 months. 25.27#©25 3’X
Hamburg
20.59
25.10
short.
Paris
Paris
Vienna
44
12.30 ©12.35
20.59 ©20.63
20.59 ©20.63
21 ?-16©24 9-16
44
Rarlin
44
Frankfort
44
St. Petersburg
“
47XSM7X
Cadiz
99 days. 51 11-16© 13-lb
Lisbon
;.
2T.S0©>7.95
3 months.
Milan
44
2?.90®27.9)
Genoa.
44
27.9.1® .*7.95
Naples
44
16X©17
Madrid
New York
Rio de Janeiro
....
Id:
_..
...
*4
•
•
•
,,,,
3 mos.
short.
3 mos.
4
120.60
20.4G
20.43
25
•
short.
•
•
»
Aug. 14.
*
3 mos.
.....
....
•
•
•
•
27.50
short.
....
-
....
•.
•
..
.....
.
....
-
12.08
25.16
20 34
25.12
short
44
•
+ m + *
Buenos Ayres..
•
Valparaiso.....
.
Pernambuco
•
•
•
Mauritius
Calcutta
Hong Kong...
Shanghai
•
•
•
a
60 days.
44
44
4(
Singapoie
Penang........
Batavia
Alexandria....
7.
15.
3
48
4.84
23 X
mos.
60
days.
90
days.
4 4
.
43X®49X
4 4
41
*
••••••
..
Bombay
11.
17.
June 15.
.....
..
Aug.
Aug.
July
July
....
7s. 8 %d.
L\ SX'i-
&?.10©3U0<4<i.
5s.2#<2.@5$.3cf.
July 11.
July 23.
Aug. 16.
23X@24
14tol43$p.c. prm.
44
Is. 9 1-162.
Is. 9 1-161.
3s. 11 %d.
5s. 4%d.
6 mos.
4
Aug. 15.
Aug. 11.
Aug. 14.
July 26.
July 18.
Aug. 14.
.
C %
6
mos.
4
3
•
mos.
is.
\d.(&is. 0yd
128
97
London, Saturday,
fortunate if they establish themselves south of the
rainy season sets in. The Russians are
evidently finding out that to subdue a people is a very difficult
matter.
They have not had the chance until now of being enabled
to acquire a notion of the cost in blood and treasure in attempt¬
ing to conquer a numerous, valiant and, no doubt, to a very con¬
siderable extent, a ferocious enemy.
The Crimean war was, in a
very great measure, limited to the siege and defense of Sebas¬
topol. The present war will be fought out in Europe; and as
there can be no doubt that Turkey will strain every nerve to
resist the invader, the sacrifices which will be made on both
It is hoped,
sides will be of almost incalculable dimensions.
nevertheless, that when the campaign is finished the neutral
must be very
Balkans before the
will be able to exert their influence with the belligerents
but, at the present time, it is idle to
enter into the region of conjecture, as preparations are evidently
being made for another great battle, the result of which will cer.
taioly be of vast importance.
The changes in the Bank return are less important than had
been anticipated, and although the belief iu a rise in the Bank
rate was so generally entertained, the increase in “ other securi¬
ties” amounts to only £243,994. The wants of the community
have evidently been reduced to small proportions.
The decrease
in the supply of bullion is limited to £364,681, so that, in spite of
the harvest and holiday requirements, there has been a return of
about £30,000 from provincial circulation.
The supply of
unemployed money has also been increased, the total of “other
deposits” having been* augmented by £821,614. There has been
a contraction in the note circulation, and the falling off in the
reserve of notes and coin is only £112,786.
The money market has been firm during the week, but it has
been devoid of activity. On Wednesday, capitalists were unwill¬
ing takers of good bills under 2 per cent, and a large proportion
of the business done was conditional upon any change being made
in the official
on the following day.
During the last
three days the market has been decidedly quiet, and money has
been very difficult to lend for short periods.
The quotations for
money are as follows :
powers
and
suggest terms of peace ;
Per cent.
2
Ban5c rate
Open-market rates:
3
IX
months’bills
Aug. 18, 1877.
Contrary to expectation, the directors of the Bank of England
have made no change in their rates of discount. The minimum
quotation, therefore, is still 2 percent. In the early part of the
week the impression was very general that an advance to 2£, or
even 3 per cent, would have been adopted, the principal cause
assigned being the activity which has of late been prevailing in
the demand for g >ld for exportation.
Recently, an order for
about £1,000,000 has been completed on account of the German
mint, for which an adequate supply of silver has been sent im
payment, the bulk, if not the whole, of which has been remitted
to India.
There has also been a French demand for gold of some
little importance, and it is by no means improbable that the
exchanges will be generally in favor of France, owing to the fact
that she will have larg3 and numerous customers for the produc¬
tions of her soil, and especially for her wines; lienee, during
the next two or three months the indebtedness to her of the
leading countries of the world is likely to be great.
Just
now, however, the demand for gold for exportation has materially
abated, and this is undoubtedly the main reason why the directors
of the Bank have elected to remain at 2 per cent. They contend,
no doubt, that, owing to the scarcity of mercantile paper, without
the prospect of any immediate increase in it, and to the limited
requirements of the community for strictly financial enterprise,
the open market would not follow the upward movement, and
that to a considerable extent their power to secure discount
business would be curtailed. This is probably true, and looking
upon the, Bank of England simply as a joint-stock under¬
taking, desirous of competing for discount business, the directors
have pursued a judicious course iu refraining from advancing
their terms. The proportion of reserve to liabilities is still 41
t
6 months’bank bills
2#©2*4
!
4 and 6 months’ trade bills. 2ys@3
for deposits are subjoined :
Joint-stock banks
Discount bouses at call
Discount houses with 7
Discount bouses
Per cent.
2 ©2#
4 months’ bank
allowed by the joint-stock banks and
rates of interest
discount houses
bills
] Opcn-rnarkqt rates:
|
15£®1’»
60lays’bills
30 and
The
LFrom our own correspondent.1
cent, which under existing circumstances is probably
sufficient, as it is not likely that any strain which may come
upon our resources will be immediate.
War alone would at
the present time have any startling effect, amd there does not
seem at present any apprehension that we shall have to take part
in the conflict.
The Russians may, however, be able to restore
their fortunes before the severities of winter .are felt, but they
per
Per cent
1 (©
1 @
days’notice
I (©
:
1 @
with 14 days’notice
Annexed is astatement showing the present
position of the Bank
Eagland, the Bank rate of discount, the price of Consols,
quotation for English wheat, the price of Middling
Upland cotton, of No. 40’s Mule twist, fair second quality)
and the Bankers’ Clearing House return, compared with the
four previous years:
1877.
1376.
of
the average
1873.
Circulation—including
bank
£
1374.
£
'
post-bills....... 26.306,e52 26,900,890
1875.
£
£
£
26.542,289
28,950.315
28.887.785
5,490.302
3,599,667
4.247,549
C,386,251
deposits
18,285,696 18,r60,872 25.675,372 28,614,306
Government securities. 13,300,368 13,591,013 13,488,952 15,459,133
Other securities
16,485,082 16,882,036 17,912,878 15,967,890
Reserve of notes and
coin..
13,287,645 11,051,593 16,228,252 21,018,406
Coin and bullion ir
both departments.... 23,185,370 22,541,378 29,393,692 34,605.976
Proportion of reserve
60’92 p. c.
to liabilities
Public deposits
Other
*
Bank-rate
Consols
English wheat,av. pi ice
Mid.
Upland cotton....
No.40s, mule twist fair
*d
quality..
3 p. c.
Z'A
p. c.
92*
92X
60s. 3d
'8Xd.
53 s. 0d.
8 5-161.
IXd.
Is. OXd.
Is.
Clearing House return. 128.502,000
2 p. c.
94 X
51s. 61.
-
2 p. c.
%X
4,604,066
22,462.403
14.930,554
18,271,813
12,060,017
25,606,877
44 p. c.
2 p. c.
7Xd.
6>id.
65s. 8d.
6 l-16d.
lid.
10Xd.
10X
45a. 104.
126.913,000 116,126 000 95,908,000 97,909,000
supplies of gold were withdrawn from the Bank
early part of the week ; but the demand has lately been
extremely quiet. Iu the silver market there has been no material
variation, the price of fine bars being 54^ to 54±d. per ounce.
Only a small supply—£59,680—has been sent to the East
Some further
in the
this
week.
weekly sale of bills on India was held at the Bank of
England on Wednesday. The usual amount was allotted, viz.
£365,000, £165,000 being to Calcutta and £100,000 to Bombay.
The
September
obtained was Is. 8|d. the rupee. Tenders on Calcutta
at that quotation received 10, and on Bombay 33, per cent.
The following are the current rates of discount at the leading
The price
cities
abroad r
Bank
Amsterdam
Hamburg..
Berlin
Frankfort
Vienna and Trieste..-..
2
3
4
4
4
Madrid, Cadiz and Bar¬
4#
celona
Lisbon and Oporto...
Bt. Petersburg
Bank
Open
rate, market.
$ cent, percent.
Paris
Open
market
rate,
cent, per
2#
IK
2#
2*
Brussels
Rome
5
2*
Leipzig
4
2X
4
Genoa
Geneva....
New York
Calcutta
6
6
6
and
Turin, Florence
cent
2*
..
6
.
5
markets during the
has prevailed^
The principal
transactions have been in a few of the speculative British railway
stocks, conducted by a provincial clique of operators. The market
for foreign government securities has been remarkably quiet, the
state of politics having reduced bueiness in Continental descrip¬
tions to very narrow limits. United States Government securi¬
ties, however, have been firm, and the American railroad market
has been steady, though greatly wanting in animation. Canadian
Although the business passing in the stock
week has been exceedingly moderate, a firm tone
and the tendency of prices has been upwards.
owing
railroad bonds have lately been attracting more attention,
to more favorable traffic returns.
the closing prices of consols and the
principal American securities at to-day’s market, compared with
those of
Saturday last:
95#@95#
*.
Consols
United States
Do
5-20
U. S. 1867, 6s
109
188!
1887
1881
1904
issued at 103#
Louisiana Levee, 8s
Do
1675
6s
Massachusetts 5s
1888
5s
1894
1900
1889
1891
1895
5s
5s
5s
5a
Virginia stock 5s
Do
Do
6s*
1905
New funded 6s..
AMERICAN DOLLAR BONDS AND
I
$-• *
1st mort. Trustees’certificates
2d
do
do
do
do
3d
....
..
Atlantic Mississippi & Ohio, Con. mort., 7s
1905
do
Committee of Bondholders’ ctfs
Baltimore & Potomac (Main Line) 1st mort, 68.1911
@105
106# @107#
107#©107*
©111
110
106
42
42
105
106
106
105
105
105
105#@105*
©106^4
@ 52
© 52
@107
@103
@103
@107
©107
©107
30 © 35
32 © 34
63 @ 65
8 @ 10
3#@ 4#
19 @21
8 @ 10
3#@ 4#
@ 52
@ 52
@107
©108
@108
@107
@107
95
19
8
97
@107
@ 35
@ 34
@ 68
8
23 @ 28
© 28
23
82 @84
23
23
82
@
@
@ 84
81
@ S3
19
38
33
.@
40
40
...
61
89
....
@ 53
51
@’02
102#@103#
1892
1874
1902
do.
.1903
1876
R’y.
_
,
Do
6s...
Do.
C.
6s...
Burl.
R. & Minn., 7s.
Cairo & Vincennes, 7s..
*
Ex 6 coupons, January. 1372, to July,
1895
,1902
,1910
91
94
24
24
26
@ 96
@ 26
@ 26
@ 27
@103
@ 89
@ 13
101
S7
11
.@
.@
37 @ 40
15 @ 20
@
.@
ms
.1902
.1913
1906
•
,
.
,
•
•
•
107
107
105
1902
,1909
•
.
.
•
...
1874, inclusive.
....
•
•
•
•
•
•
28
103
•
•
•
89
...
94
@ 96
@ 60
@ 95
50
93
104
83
-
1903
1895
1905
1891
•
•
•
@106
@ 91
@
•
•
....
•
•
93
89
99
95
@ 95
© 91
@101
© 97
93
89
101
95
83
109
80
101
@ 83
©lit
@ S3
83
109
80
25
@ 35
@105
19u2
1901
@103
•
@
@ 95
@ 91
...
@103
@ 97
© 88
@111
@ 82
102 @104
25
103
91
@ 35
@105
@ 93
52
90
99
83
@ 54
96
@ 98
@ 86
@ 54
@100
@101
©101
@ 85
10
©ICO
@ 85
@ 97
@ 84
@ 59
© 52
95
88
@ 97
@ 90
96
83
@ 98
@ 90
68
100
10S
103
@ 72
68
100
108
108
© 72
all
Pittsburgh & Connellsville Con. Mort. Scrip,
guar, by Baltimore & Ohio RR. Co.. 6s
South & North Alabama bonds, 6s
*
St. Louis Tunnel 1st mort. (guar, by the Illinois
& St. Louis Bridge Co.) 9*
1838
Union Pacific Railway, Omaha Bridge, 8s
1896
United New Jersey Railway and Canal, 6s
1894
Do.
do.
do.
do.
68
1901
@ 93
@ 77
@ 41
@ 41
@ 65
@ 96
@ 60
@ 96
@167
@ 92
@102
@110
@110
84
5S
50
@ 60
@ 52
@102
@110
@110
continues extremely quiet. Wages
has made
further progress. The lower rate of wages is, however, favorable
to the future, as our manufacturers will be able to produce
goods at a diminished cost.
.During the week ended August 11, the sales of wheat in the
150 principal markets of England and Wales amounted to 22,854
quarters, against 27,290quarters; and it is estimated that in the
whole Kingdom they were 91,420 quarters, against 109,150 quar¬
ters in the corresponding period of last year.
Since harvest, the
deliveries in the 150 principal markets have been 1,988,191 quar"
ters, against 2,049,109 quarters; and in the whole Kingdom it is
computed that they" have been 7,952,800 quarters, against
8,196,500 quarters in the previous season. Without, reckoning the
supplies furnished ex-granary, it is estimated that the following
quantities of wheat and flour have been placed upon the British
The trade of tlie country
continues to be reduced and the short-time movement
markets since last harvest:
1875-6.
1876-7.
cwt.
cwt.
Imports of wheat
Imports of flour
Sales of home-grown produce
Total
.
.
cwt.
41,553,161
6,332,171
6,013,571 6,407,044 6.328,676
34,4o2,000 35,518,COO 47,142,100 38,6< 1,6C0
863,073
93.535,055 93,740,915
S2,825,535
of Eng. wheat for season
94,005,213 86,523,437
264,328 2,571,166
94,449,117
914,062
.81,637,603
Result
The
1873-4.
cwt.
42,345,437 52.917,546 40,456,099
Exports of wheat and flour.
Aver, price
1874-5.
44s. 2d.
45s. lid.
54s. 2d.
following figures show the imports
83,952,271
61s. 6d.
and exports of cereal
produce into and from the United Kingdom since harvest—viz.,
from the 1st of September to the close of last week—compared
the corresponding period in the three previous years :
IMPORTS.
1876-7.
Wheat
CWt. 42,845,437
Barley
12,358,454
Oats
Beans
11,680,997
1,292,696
4,380,023
Indian Corn
32.939,246
Peas
6,382,171
Flour
1875-6.
1874-5.
1873-4.
52,917,546
8,025,490
12,0.33,524
1,457,226
3.041,432
30,8^5,232
6.013,571
40,456,099
12,827,307
10,663,898
1.821,770
2,847,228
1C,036,605
41,553,181
6,407,044
6,328,676
883.540
206,865
5,331,347
24,267
187,701
79,239
234,147
8,392.973
10,345,633
1,448,040
3,541,475
18,402,044
EXPORTS.
cwl.
Wheat
Barley
814,873
50,862
356.450
38,754
10,155
87,054
23,637
Oats
Peas
Beans
Indian Corn
Flour
•
. •
31,727
50",833
48,200
Snslltk Market
18,332
2,663
49,314
46,481
30,522
57,463
129,942
11,687
2,653
146,278
239,819
Reports—Per Cable.
markets of London and Liver¬
pool for the past week have been reported by cable, as shown in
@
the
...
...
@ 20
.@
@
@109
@109
@107
.@
@ 32
@105
.@ ...
@ 91
.@
.
...
•
1(7
107
105
....
@104
•
•
....
.©
89 @ 91
.@ ....
•
•
15
....
.@
@ 32
x
75
39
39
55
94
50
94
105
90
@ 94
-@
37 @ 40
•
...
@109
@109
@107
28
102
do.
The daily
....
•
@ 7S
Pennsylvania general mort. 6s
1910 103
consol, sink’g fund mort. 6s
Do.
1905 91
Perkiomen con. mort. (June ’73) guar, by Phil.
& Reading, 6s
1913" 52
93
Phil. & Erie 1st mort. (guar, by Penn.RR.) 6s.. 1881
98
Do.
with option to be paid in Phil., 6s ...
83
Phil. & Erie gen. mort.(guar. by Penn. RR.)6s. 19*20
Phil. & Reading general consol, mort. 6s
1911 95
Do.
imp. mort., 6s
1897 82
57
Do.
gen. mort., 1874, 6’s
96 @ 9£
101 @102
102 #@103#
92
@ 93
..1900
1900
Milwaukee & St. Paul, 1st mort. 7s
1902
New York & Canada R’way, guar, by the Dela¬
ware & Hudson Canal, 6s
1904
N. Y. Central & Hudson River mort. bds., 6s..l903
Northern Central Railway consol, mort., 6s
19C4
Panama general mortgage, 7s:
1897
Paris & Decatur
1892
Do.
78
78
74 @ 76
33 @ 40
38 @ 40
55 @ 65
1894
fund, 5s
114#@!’5#
AMERICAN STERLING BONDS.
.1910
Illinois Central, sinking
Do.
6s
Aug. 18.
@ 80
@ 80
Aug. 11.
@ 78
76
76
‘
@ 21
@
@
....@
59 @
87 @
24 @ 26
Pennsylvania, $50 shares
:.
25 *@ 26#
Ho.
1st mort., Ss....
J880 101 @103
Do.
consol. sinK’g fund mort. 6s
1905
87 @ 89
Philadelphia & Reading $50 shares
11 @ 13
Pittsburg Fort Wayn# & Chicago equipment
bonds (guar, by Pennsylvania R. R. Co.), 8s
100 @102
1G0
21
10
4#
21
10
4#
28
28
14#@ 15#
67 @ 69
101 @106
91 @ 93
92 @ 94
93 @ 95
30 @ 40
30 @ 40
10 @ 10#
13 @ 14
13#@ 14
20 @ 22
20 @ 22
Receipts, x coup.
Union Pacific Land Grant 1st mort., 7s..... ...1889
Union Pacific Railway, 1st mortgage, 6’s
1898
©
3«4@
-
Frankfort Commit’e
42
42
105
106
106
.1(5
105
105
30
32
66
@
@
@
3#@
19 @
95 @ 97
19 @ 21
do
(Tunnel) 1st mortgage, 6s,
(guar, by Pennsylvania & No. CentRailway). 1911
81 © 83
Central of New Jersey shares
@ ...
Central of New Jersey, cons, mort., 7a
1899 68 @68
Central Pacific of California, 1st mort., 6s
1896 103 @105
DoCalifor.&Oregon Div.lstmort.gld.bds,6s. 1892
90 @ 92
Do Land grant bonds
91 @93
1890
Del. & Hud. Can. 7s
90 @92
Detroit & Milwaukee 1st mortgage, 7s
1875 30 @40
Do
2d mortgage, 8s
...1875 SO @40
Brie $100 shares
9 © 9#
Do reconstruction trustees’ assessm’t, $5 paid..
13 @ 14
Do
do
$4 paid...
12#@ 13#
Do
do
$3 paid...
19 @21
Do
do
$2 paid...
19 @21
Do preference, 7s
13 @ 20
Do convertible gold bonds, 7s
1904 38 @ 38
Do reconstruction trustees’ certificates, 7s
36 © 38
Galveston & Harrisburg, 1st mortgage, 6s
1911
70 @72
Illinois Central, $100 shares
59 ©61
Lehigh Valley, consolidated mortgage, 6s
1923 66 @ 88
Marietta & Cincinnati Railway, 7s
1891
Missouri Kansas & Texas, let mort., guar, gold
bonds, English, 78
1904 51 @53
New York Central & Hudson River mortg. bonds.7 114 @115
New York Central $100 shares
-.
92 @94
Oregon & California, 1st mort, 7s
1890 24 @ 26
do
©J10
SHARES.
Albany & Susquehanna cons. mort. 7s, Nos.501
to 1,500, inclusive, guar, by Del.&Hud.Canal. 1906
Atlantic & Great Western 1st M., $1,000, 7s... 1902
2d mort., $1.000,7s..1902
Do
Do
3d mort., $1,000
1902
Do
Do
Do
109
104
©110
103#@104*
106*@107
107 ©107#
1885
Do funded, 5s
Do 10-40, 5a
Do funded, 4#s,
Aug. 18.
95* @ 95#
Aug. It.
Redm.
coupons
Do. 2d consol, mort. 7s
Do. reconstruction trustees’ certificates, 7s
Gilman Clinton & Springfield 1st M., gold, 7s.
Illinois & St. Louis Bridge 1st mort., 7s
Do.
do.
2d mort., 7s
Lehigh Valley consol, mort., 6s, “A”
Louisville & Nashville, 6s
Memphis & Ohio 1st mort. 7s
3
...
.
Redm.
Erie convertible bonds, 6s
1875
Do. 1st cons, mort., 7s
1920
with
Do.
reconstruction trustees’ certificates of 6
Do.
5s
Ill. Mo. & Texas 1st mort., 7s
5
Copenhagen.
The following were
203
THE CHRONICLE
1, 1877.]
...
...
.
closing quotations in the
following summary:
and Stock Market.—The directors of the Bank
England, at their meeting on Tuesday, fixed the minimum
fsmdon Monty
of
rate of discount at 3 per cent.
The
decreased £294,000 during the week.
Sat.
Consols for money.. 95 3-16
“
account.. 95 3-16
CT.S.fts
(5-20S) 1867.... 107#
108
0.8.10-408....
New 5s...
New 4#s
107*
105#
Mon.
95 1-16
95 1-16
107#
108#
107*
105*
Liverpool Gotten Market.—See
bullion in the Bank has
Tues.
95 1-16
95 1-16
Wed.
95
95
10=#
107
108
1 7*
107#
105#
105
107*
Thur.
95 1-16
95 1-lb
107*
108#
107*
105#
special report of cotton.
Frl.
95 3-16
95 3-16
107#
108#
107#
105#
204
THE
CHRONICLE
[Vol. XXV.
Previously reported..
Sat.
d.
6
s.
Floor (extra State)
flbbl 26
'Wheat(R.
W. spring), yctl 10
“
>
44
(Red winter),....
*•
8
0
12
(Av. Cal. white).. 44
“
(C. White club)... “
Com (n. W. mix.)
quarter
Peas (Canadian) V Quarter
11 11
12 1
26
u
6
37
Wed.
s. d.
Tues.
Mon.
s.
d
26 6
10 S
12 0
11 11
12
1
26 3
37 6
s.
d.
26
10
12
12
12
26
37
6
8
0
1
5
9
6
26
10
12
12
12
26
37
Thur.
s. d.
26
10
12
12
12
26
6
8
0
1
5
9
6
Frl.
37
d.
6
8
0
4
6
9
6
b.
26
10
12
12
12
26
37
6
8
0
1
5
9
6
Liverpool Provisions Market.—
d.
0
0
Bacon(Pg clear mid.)$i cwt 3? 6
Lard (American).... 44
43 6
Cheese (Am. fine).... “
56 0
s.
Beef (prime mess) . .9 tc. 95
Pork (W’t. mess)— Mbbl 50
95
50
35
43
0
0
6
9
56
0
s.
d.
95
50
35
43
56
0
0
0
9
0
d.
6
0
0
0
56 0
s.
0
0
0
9
0
95
50
36
43
56
Frl.
s.
d.
97 6
50 0
36 0
Thur.
Wed.
s. d.
Tues.
Mou.
8.
d.
Sat.
97
50
36
44
44
0
56
0
Liverpool Produce Market.—
Mon.
Sat.
s.
d.
fioein(common)... flewt.. 5
44
(fine)
44
10
0
11)4
44
44
(spirits)
Fallow (prime City).. V cwt. 41
Cloverseed (Am. red).. 44
45
d.
5 9
to 0
8
3
0
8
3
0
6
45
41
45
27
Sugar (No. 12 D’ch std)
on spot,
cwt
23 0
Sperm oil
V tun. .81 0 0
23
81 0 i
Whale oil
“
56
0
0
28
0 81 0
0 35 0
0 30 10
0
0
0
0
0
56
.35
0
0
35
30
0
0
30 1C 1
0i
5
0
10
9
0
11*
7*
41
45
27
41
45
27
3
0
0
Wed.
£ s. d.
9 15 0
55 6
Mon.
Tues.
£. s. d. £ 8. d.
9 15 0
9 15 0
Sat.
Linseed oil....# ton
8
3
0
6
9
0
0
0
0
25
81 0
35 0
30 10
3
0
0
41
45
'<7
3
0
0
Frl.
Thur.
£ s. d.
£
Total since Jan. 1, 1877.
Same time in1876
1875
1874
1873
Same time in—
$3,296,577
8,315,020
3,898,430
3,024,393
-
1873
1871
1870...
1869
1868
s.
d.
9 15
55
0
6
9 15
55
0
6
23
81 0
35 0
30 0
0
0
0
0
28
81 0
35 0
30 U
0
0
0
0
^Commercial ani> iflisceUatteouo Netos.
showed
week
Exports for the Week.—The imports last
decrease
both dry
in
general
merchandise.
The total imports were $5,552,058, against
$7,275,317 the preceding week and $5,040,949 two weeks pre¬
vious. The exports for the week ended Aug. 28 amounted to
*4,867,276, against $5,781,979 Iasi week and $4,477,547 the pre¬
vious week. The exports of cotton for the week ending Aug. 29
were 2,955 baleB, against 3,279 bales the week before.
The fol¬
lowing are the imports at New York for week ending (for dry
goods) Aug. 23 and for the week ending (for general mer¬
chandise) Aug. 24:
a
goods and
FOREIGN IMPORTS AT NEW TORK FOR THE WEEK.
Drygoods
1875.
1876.
$.*,002,123
$2,580,604
4,991,409
$2,000,620
2,724,061
$2,126,058
$7,572,013
223,134,994
$4,724,6S1
190,694,212
$5,552 058
215,790,359
$235,707,907
$195,418,893
$221,342,417
6,523,133
Total for the week.
$9,525,261
Previously reported.... 235,517,587
Since Jan. 1
In
$275,042,848
1877.
3,426,000
report of the dry goods trade will be found the imports
dry goods for one week later.
The following is a statement of the exports (exclusive of specie)
ifrom the port of New York to foreign ports for the week ending
Ang. 28:
our
•of
EXPORTS FROM NSW TORK FOR THE WEEK.
1874.
/For the week
1873.
1877.
$5,660,319
186,611,106
$4,997,355
158,235,789
164,609,192
$4,867,2T6
170,670,334
$192,271,425
$163,233,144
$169,772,324
$175,537,610
•Previously reported....
Since Jan. 1
1875.
$5,163,132
The
following will show the exports of specie from the port of
New York for the week ending Aug. 25, 1877, and also a com¬
parison of the total since Jan. 1 with the corresponding totals
£or several
previous
years:
Ang. 22—Str. Scythia
.Aug. 23—Str. Pommerania
Liverpool
Hamburg
Amer. gold bars...
Foreign gold coin
Aug. 23—Str. Weser
London
London
Aug. 25—Brig Eiche.
Puerto Cabello...Amer. gold coin..
Amer. silver bars.
....Amer. silver bars.
Total for the week
$12,500
1,560
35,009
35,000
10,000
$91,060
22,574.970
Previously reported
Total since Jan. 1, 1877
$22,669,030
Same time in1876
1675
1874
1873
Same time in—
1870
11869
1
U.S. Bands held as security from NaCI
Bonds for circulation deposited
Bonds for circulation withdrawn
Total held for circulation
Bonds held as security for depo?its
Notes received for
New York
Boston
5,111,800
340,415.100
18,889,000
644,210
14,327,552
1.081,824
21,587,4-'0
361,412,580
redemption from—
10,111,000
8,307,000
1,428,000
159,000
Philadelphia
Cincinnati....
197,000
as
„
Aug. 29
Robin
St. Johns
Aug. 20—Str. Britannic
Liverpool
Aug. 21—Str. Alps
Colon
*
Aug. 22—Str. Bermuda
Aug. 24—Str. Niagara
:
St. Johns
Havana
same
Atchison Topeka & Santa Fe.—The
10,500,000
8,300,000
1,000,000
5,670,000
6,714,000
690,000
65,000
48,000
237,0.0
16 ,000
97,803,995
9,811,956
8,160,85
37,807,30
earnings of the Atchison
Topeka & Santa Fe Railroad Company during the' month of July,
1877, were as follows: Freight earnings, $120,084 87; passenger
earnings, $60,030 63 ; mail earnings, $3,165 77 ; express earnings,
$3,454 47; miscellaneous earnings, $406 47; total, $187,142 21,
against $198,851 35 during July, 1876. ' From Jan. 1 to July 31
the earnings were: Freight, $783,680 56 ; passenger, $339,805 49;
mail, $22,160 39 ; express, $23,850 40 ; miscellaneous, $5,316 32;
total, $1,233,813 16, against $1,344,653 58 same time in 1876.
County
Bonds Forged.—The information first
given of this forgery from Pinkerton’s Detective Agency reported
it as a forged St. Louis County Bond, No. 1,331, for $1,000,25
years to run. The bond is issued “ To the President of the Pacific
Railroad Company or Bearer,” and is “ issued under an act of
the Legislature of March 12, 1849.”
It is signed by David
Thomas, Presiding Justice County Court of St. Louis County,
and Louis T. Lacy, Clerk County Court of St. Louis County.
The bond is payable in full next year.
The St. Louis Globe says: “ The issue of bonds in question forms
a part of the county debt assumed by the city under the opera*
tion of the Scheme and Charter.
They were issued July 1, 1853,
are for $1,000 each, at 6 per cent, are payable in gt»ld or silver,
with twenty-five years to run, and are therefore due July 1, 1878.
The serial numbers run from 1,314 to 1,338 inclusive, making the
total issue but $25,000, or twenty five bonds. The fraudulent
issue is said to be $150,000. The original bonds were issued for the
Pacific Railway, and were made payable to the President of that
corporation, at the Phoenix Bank, New York. Subsequently the
Bank of Commerce was made the place of payment. A gentle¬
man stated to the reporter yesterday that the old bonds, as a sam¬
ple of the art preservative, were simply execrable. Tli9 printing
would scarcely be considered creditable to a modern country job
office, while the paper is thin and slazy. The only writing upon
the bond is the signatures of the Presiding Justice of the County
Court and the County Clerk, both of whom have been dead for
years.
—The attention of cotton operators is directed to the card of
Messrs Dennis Perkins & Co., cotton brokers, No. 117 Pearl
street, New York, one of the oldest houses in the cotton trade.
The firm has been in existence for more than a quarter of &
the South in’ connection
century, and is well known throughout
with this branch of business.
25..!...
periods have Aug. 27
“
Amer. silver
Amer. gold
$3,230
691
Amer. silver
Foreign gold.....
Amer. silver.
Golddust
Amer. gold
Foreign gold
Foreign silver....
Foreign g >ld.
gold...
....
“
“
500
16,622
487
Gold bars
...
H.&TC7s,glfc
810,310
837,640
2,121,440
1,123,854
315,620,247 315,236,838
1,428,625
1,429,120
$17,905^000
3,700
1,900
3,510
5,375
2,725
224,162
1,637
28
29
30
31
Receipts.
$194,000
531,000
377,000
416,000
552,000
284,000
as
•
follows;
Sab-Treasury.
Receipts.
— » ,
Payments.
Gold.
Currency. '
Currency.
Gold.
$222,404 75
$634,852 88 $1,229,496 00 $798,639 23
749,127 » 8
1,020,619 99
590.434 05
186,326 17
643,189 88
884,036 63
433,606 69
937,289 90
631,755 63
578,418 88
273,185 23
270,923 20
7,693.429 27
806,508 C4
619.096 59
442,091 47
295,643 55
436,412 8 4
295,758 19 1,065,879 48
r—
Total
$2,354,000 $10,235,555 26 $3,155,215 67 $3,485,531 78
Balance, Aug. 24
83,936.996 46 49.461,716 78
Balance, Aug. 31
90,686,019 96 48,174.189 62
$263,989
$4,442-803 01
Texas Securities.—Messrs. Forster, Ludlow & Co., 7 Wall at., quote:
G. H. & S. 6s, *. 88 87
102
110X Austin 10s.... 100
7s,gld §110
90 82
7s,g.30 yrs §111)4 112)4 Dallas 10s.... 90
do 8s con. 2d
SO 65
20
10s, pens.. 1108)4 104)4 Houston 6*8..
••*
98
G.H.AH.7s,g.lst 75 3d
| S. Ant’io 10s.. 95
State
•
..
•
Total for the week
13,938,802
14,425,026
648,248
670,112
22,235,663
22,905,780
359,764,332 359,094,220
Total.
$26,132,000 $27,829,000
Treasury Movements —
Balance in Treasury—Coin
108,137,083 115,122,473
Currency
7,515,515
7,930,274
Currency held for re¬
demption of frac¬
tional currency
7,762,271
7,963,226
Com certificates outstanding.
45,407,500
41,571,300
“
Amer.
1,484,220
4,622,000
“
.
1,425,100
The transactions for the week at the Custom House and Sub-
follows:
Aug. 20—Schr. R. W. Denham... A ux Cayes
Aug. 20—Schr. J. T. Hibbard....St. Martins
June.
July.
$4,953,050 $10,731,400
6,654,550
11,683,400
338,713,600 337,761,600
18,857,000
18,867,000
7,727,000
1
been
5,930,000
Custom
House
imports of specie at this port during the
May.
$4,794,800
National Bank Circulation.—
New circulation issued
1,352,280
Circulation retired
1,739,105
Total circulation outstanding—Currency... 317,661,092
Gold
1,432,120
1 1866
The
9.817,241
5,529,784
B'ks.—
1874
Total now on deposit, Including liquidating
banks
Retired under act of January 14, 1875
Total retired under that act to date
Total amount of greenbacks outstanding..
1867
1871
7.682.033
months past:
Treasury have been
|1868.
1872
$7,595,80!
U. S. Treasury Statement.—From the Comptroller of the
Currency, Hon. John Jay Kqox we have the following statement
of the currency movements and Treasury balances for three
St. Louis
1874.
General merchandise...
...
2,877,031
Miscellaneous
and
8,152,614
$8,426^583
—
Chicago
Imports
....
Legal Tender Notes.—
Deposited in Treasury under act of June 20,
d.
8.
nw
11)4
27
Spirits turpentine
** 27 6
London Produce and Oil Markets.—
£ s. d.
Uns*dc’ke(ohl).y tc. 9 15 0
Unseed (Cal.) $ quar.
56 0
5
10
9
0
5
10
Fri.
.
d.
s.
s.
11)4
41
Thur,
Wed.
d.
8.
5 9
10 0
9
Fetroleuui(reflned)....Vga!
Tues.
d.
s.
....
•
•
•
THE
/^September 1,1877.1
ors runs
®>.autte.
&t)e flankers’
largely
five per cent
Comptroller of the Currency furnishes the
issues.
Authorized to commence business, August 22, 1877.
National Bank of Sullivan, Indiana. Authorized capital,
$£0,010; paid-in capital, $50,000. John Giles, President; Medford B.
2 ’ 3«9__Farmers’
Authorized to commence business August 23, 18*7.
DIVIDENDS.
The following
dividends have recently been announced:
Per
Cent.
Name op Company.
Bailroad.
Salem & Lowell
Books Closed.
When
P’able.
50c.
on
(Days inclusive.)
dem.
FRIDAY, AUGUST 31, 1877-5 P. M.
from 3 to 5 per
and
on
call
sells more slowly at 5£ to 7
There is
per cent.
a
movement will
unquestionably call for
a
large amount of money
South and West, and there is every prospect
in the Atlantic States will also be much
increased discounts; but we
a
hardly
6s, 1881
Called bonds
that general trade
more
active and call for
see any reason
to anticipate
which
during the unhealthy period of two
or
three
*
in the Northwest,
we
quote below the
Chicago Tribune for four of the most important
States, which will naturally be taken with a grain of allowance
The range
The figures
are as
16,000,003
18,000,000
15,000,000
12,000,000
bush. 27,000,000
Iowa
29,000,000
25,000,000
12,000,000
Wisconsin
Kansas
follows:
1876.
1875.
Minnesota
between
follows :
105* *106 *106
106* 106*
*105* *106 *106
106* *106
108* 108*. 108
10S* 108*
108* 108* 103* 103* 108*
*110* *110* *110* *111 *110*
111
*110* *110* 110**110*
108* 108**108* 108* 108*
*111**112 *112* 112* *112
1<8* 109 ,108* 108* 108*
108* 109
108* 108* 108*
106**106* 106* 106**106*
107*
*107* 108* 107* 108
*104* 104* 104* 104* 104*
104*
123* *123* 123* *123* *123*
Board.
in prices since Jan. 1, 1377, and the amount of each
class of bonds outstanding
Aug. 1, 1377,
were as
Range since Jan. 1.1877
Lowest.
6s, 1881
reg.
6s, 1881
coup.
6s, 5-20s, 1865
coup.
6s, 5-20s, 1865,new..coup.
6s, 5-20s, 1867
coup.
8s, 5-20s, 1868
coup.
reg.
5s, 10-40s
5s, 10-40s
coup.
5s, funded, 1881.... coup.
4*s, 1891
reg.
4*s, 1891
coup.
6s, Currency
reg.
...
I
Highest.
107* Feb.
105*
108*
110*
108*
110*
108*
105*
106*
121*
-Amount
Registered.
17 $193,882,900
110* Aug. 25: 114* Jan.
111* Aug. 31 115*
follows:
May 26
28 111* April 24
1,533 550
72,180,COO
98,139,600
15,691,000
142,214,850
Aug. 24 111* May 17
Aug. 31 114* May
Aug. 24 117* Jan.
Aug. 31 114* Jan.
Men. 2 114* Feb.
219,249,650
Aug. 25 112* Jan
111,956,100
Men. 1 109* July
June 2 109 May
64,623,512
Jan. 3, 126 July
Aug. 1.-
Coupon.
88.853,450
8,581,000
130,456,050
212,479,900
21,782,800
52*,*351,450
289,190,700
43,043,960
Closing prices of securities in London have been as follows:
U. S. 6s, 5-208, 1867
U. S. 5s, 10-40s
New 5s
New 4* per cents
hopefulness of the Chicago mind on all matters
affecting the trade of that city.
way
on
years
estimates of the
for the customary
as
This is the price bid; no sate was made at the
preceded the crisis of 1873.
As to the wheat crop
and but little doing either
5-20s, 1865, n. i...reg.. Jan. & July.*105*
5-20s. 1865,n.i..coup..Jan. & July.*105*
5-20s, 1867
reg.. Jan. & July. 108
5-20a, 1867
coup...fan. & July. 108*
5-20s, 1868.
...reg.. Jan. & July. *110*
5-20s, 1868
coup..Jan. & July.*110*
10-40s
reg..Mar. & Sept.*108*
10-40s
coup..Mar.&Sept. 112
funded, 1881
reg..Quar.—Feb. 1C8*
5s. funded, 1881... coup..Quar.—Feb. 108*
4*8,1891
reg.. Quar.—Mar. *106*
4*s.l891
coup..Quar.—Mar.*107*
4s, registered, 1907
Guar.—Jan. 104
4s, small coupon
Guar.—Jan
6s, Currency
reg.. Jan. & July.*123*
great stringency in money, such as was the rule rather than
the exception
large transactions
no very
6s,
6s,
6a,
6s,
3s,
6s,
5s,
5a,
5s,
general
expectation that money will rule at full 6 and 7 per cent rates
during the Fall, and already the bank remittances of legal tenders
to the West are on a pretty large scale.
The cotton and grain
the
Aug. Aug. Aug. Aug. Aug. Aug.
period. 25.
27.
28,
29.
30.
81.
reg.. Jan. & July. 110* 110* 110* 110* *110* 110*
.coup.. Jan. & July. Ill* *111* 111* 111* 111* 111*
6a, 1881
now range
cent, with the bulk of business at 4, while prime
on
Int.
Situation.—The
Financial
continue to harden, and loans
rates for money
paper
Market
Money
Tire
We hear of
Closing prices here have been
*
Wilsou, Cashier.
6s of 1881, five-twenties of 1867, and
this market and London.
following statement of National Banks organized the past week :
Authorized capital, $15,000;
2 868—First National Bank of Rome. Georgia.
paid-in capital, $37,500. J. H. Reynolds, President; B. I. Hughes,
Cashier.
on
the part of heavy buyers,
NATIONAL BANKS ORGANIZED.
The United States
205
CHRONICLE.
State
and
Aug.
17.
24.
31.
107*
107*
108*
107*
105*
107
108*
xl08*
107*
*105*
Bailroad
107*
105*
1877.
demand for money for
Lowest.
I
Highest.
Jnoe 25 110* Feb, 6
107* April 17 110* Feb. 6
105* April 25 109 July 11
102* May 16 106* Aug. 7
106
Bonds.—Transactions
State bonds have been dull.
35,000,000
37,000,000
25,000,000
20,000,000
Aug. #—Range since Jan, 1. ’77.—>
Aug.
in
Southern
In the South there is much more
the cotton
crop,
and the period for bond
#
dealings, either speculative or investment, is over for the present.
South Carolina bonds are depressed by the extraordinary pro¬
ceedings of the “investigators” at Columbia, and the consols are
nominal at 64 to 66.
Louisianas are steady at about 78, Vir¬
Total..
\117,000,000
93,000,000
61,000,000
ginia bonds somewhat firmer. Forged bonds of St. Louis county
While these figures show an increase of about 100 per cent
and forged coupons on bonds of Union Hill, N. J., have recently
ovef l876, the railroad men claim that in some sections they will been noticed in the newspapers.
In railroad bonds the tendency has been towards firmness in
•carry more than three times the grain they did last year, as there
most
of the popular issues. To-day, Canada Southern firsts took
was then but little surplus for shipment.
Thos, a district which
an upward jump, and were quoted after the Board at 54 bid and
requires say 25.000 bushels for home use, if only 50,000 bushels
57 asked. Reports state that both the Delaware Lackawanna
were raised in 1876, could ship but 25,000 bushels, but out of
& Western and Delaware & Hudson new mortgages have been
100,000 bushels raised in 1877 it can ship 75,000 bushels, or three recorded in Scranton, Pa. The loan of $10,000,000 to the Balti¬
more & Ohio Railroad on a mortgage of its Chicago line has
times the quantity of the previous year.
The Bank of England directors held a special meeting on recently been reported, but we believe it to be only the comple¬
tion of a transaction made some time since, and that part of the
Tuesday and advanced the minimum discount rate from 2 per
cent to 3 per cent,
the present figure.
By the weekly statement
Thursday it appeared that the Bank showed a decrease of
£294,000 in bullion. The Bank of France showed a decrease of
money was
months ago.
Closing prices of leading State and Railroad Bonds for three
and the range since Jan.l, 1877, have been as follows:
on
weeks past,
5,200,000 francs.
The last
statement
Aug.
of the New York
cess above their 25 per
cent
a
City Clearing-House
decrease of $1,000,625 in the
legal
reserve,
ex¬
the whole of such
excess
being $11,791,425, against $12,792,050, the previous week.
The
following table shows the changes from the previous
a
comparison with the two preceding years:
1877.—
1876.
*
1875.
Au°. 18.
Loans anddis.
Specie..
•Circulation...
Net deposits..
Legal tenders.
Aug. 25.
Differences.
Aug. 26. Aug. 23.
$213,896,300 $244,899,600 Inc..$1,003,300 $254,443,400 $282,336,900
13,449,700
14,259,009 Inc..
809,300
12,045,100
20.946,500
15,545,960
14,640,400
15,515,100 Dec.
30,800
18,021,000
213,414,600 213,026,390 Dec.
388,300 246,512,900 216,616,700
52,696,000
50,789,000 Dec. 1,997,000
56,939,000
70,508,7o0
United State* Bonds.—There has been
government bonds at the lower
17.
States.
banks, issued Aug. 25, showed
week and
advanced by J. S. Morgan & Co., of London, several
prices.
a
fair demand for
The inquiry from invest¬
jnneasee
*43*
*43*
6s, old
do
68, new
orth Carolina 6s,
irginia6s, consol
old
♦17
♦78
Aug.
Aug.
24.
*43
-3'..
♦43*
♦17
*17
*40
♦43*
♦43*
*17*
*78
,
Since Jan
Lowest.
1
A, IOI
42* Feb. 28 5 Jan.
Feb. 28.
42
28, 44* Jnne
18
July 10,
j Jan.
82* April 2 82* Apr.
.
...
...
.
*
This
is
the price bid; no sale was made at the Board.
11
7
6
2
Apr. 11
_June 5
38
Jan. 16
do
do 2d series... *41*
Jan. 23
♦100
*106* *106* 104
issouri 6s, long bonds
76* 71 Jan. 2 80
[strict of Columbia, 3-65s 1924
77*
76*
Railroads.
72
71
50
Mch. 5 85
mtral of N. J. 1st consol—
♦69*
105* Mch. £|1
mtral Pacific 1st. 6s, gold ... *106* ♦106*
106
*109
*109
Mch. 16 1
lie. Burl. & Quincy consol. 7s
92
80* April ll| 93*
lie. & Northwest’ll, cp., gold
90*
89*
88
lie. M. & St. P. cons. s. fd, 7s
88*
*89* 78 Jan. 261 89*
lie. R. I. & Pac. 1st, 7s
♦108* 109 *109* 106 Feb. 28; 1
109
Jan. 13,1
*114
rie 1st, 7s, extended
93
ike Sh. & Mich. So.2d cons.cp ♦92
July 17 1
*93* *94
ichigan Central, consol. 7s... 104* 1C4* 1C4* 100 May 2
118
*115
Feb. 19 ;
*114
orris & Essex, 1st mort
114
Mch
5
Y. Cen. & Hnd. 1st, coup... *117* *117
*90
86
88
81* June 28 92
Uio & Miss., cons. sink, fund
117
*118
Jan. 9
ttsb. Ft. Wayne & Chic. 1st *117
*99
92* Mch. 22
i. Louis & Iron Mt., 1st mort.
100* x96
uioa Pacific 1st, 6s, gold
105* 105* 105* 108 Jan. 91
98
$8
98
do
92* Mcb. 31 98*
sinking fund....
....
%
Highest.
Jane 21
Jan.
5
Jane 11
June 14
Jan.
2
Aug. 29
June 29
Jane 29
May 10
Aug. 28
June 7
May 24
May 22
June 23
July 12
Jnne18
Feb. 6
Muller & Son sold at
Messrs. A. H.
dates,
auction this week the fol¬
lowing :
BONDS.
SHAKES.
22
40
20
9
13
5(i
42
Lone Island IIR
$120 per lot.
83 *
St. Nicholas Nat. Bank
New York City Ins
70
134*4
195
.134*
Metropolitan Gaslight
Equitable Ins
Metropolitan Gaslight
N. Y.
Citizens’ Nat. Bank
101
2 Park Fire Ins
132*
10 Palencia «fc Ponferrada RR of
$3,OX) Jersey City 7s, due ’92,109 & int.
7,OX) Jersey City 7s, due ’91,109 & int.
6,000 Jersey City 7s, due ’0-4,109 & int.
5,000 Jersey City 7s, due ’13,109 & int.
3,000 Brooklyn 7s, “ Third St.
Imp.,” due 1681
106*4
107
500 N. Y. 7s, reg., due 1863
15,!0D L. I. RR. 1st mort. 7s,
due 1893
500 N. Y. & Iiockaway RR.
mort. 7s, due 1901
3.000 Central RR. of L. I.
Spain (hypothecated).$63 per lot.
39 Metropolitan Gaslight.. 133*©134
15 Produce
10 Produce
80
84*4
Bank
Bank
mort.
Railroad and miscellaneous
fell off
78
and for a time there was
afterwards followed by a recovery and
dealings. There is nothing essen¬
renewed firmness in the later
tially new in the general situation, except that the weekly re¬
ports of the grain-carrying roads are showing a large increase
over last year.
An adjustment of telegraph rates has generally
been made, and the public must expect an advance over the
unreasonably low prices which ruled during the late “war.” The
impression is pretty widely held that leading operators are
well loaded up with stocks, and some reports have it that the
prominent California bull is carrying a very large quantity of
stocks taken at recent high figures. The serious accident on the
Rock Island road has had a depressing influence on the stock of
that company,
are
although the earnings for three
over
Atch. Top. & S. Fe . .Sd
Bur. C. Rap. & North.3d
Cairo «fc St. Louis
2d
Canada Southern
Central Pacific.
weeks of August
Saturday,
At.* Pac. Tel.
Antral of N.J
Cnlc. Burl.&Q
U. Mil. & St. P.
do
pref.
Chic. & North.
do
pref.
C. R. I. & Pac.
Del. As U. Cana]
Del. L. & West
Erie
Han. & St. Jos
do
pref.
Harlem
Ill. Central...
Lake Shore...
Aug. 25.
20*4 2 >54
18Y 19Y
!03)4 104X
29 4 31*4
65*4 6iS
31
37*4
61* 6 3 .54
100 Y 10154
102
10'.
•18S 43*
48
11
50*4
1254
US
12
21
25 Y
14 i
*
.....
«
Ohio & Mies...
Pacific Mall...
•no
Panama
8*
Wab. P.C. R’ts
7»*
Union Pacific.
82*
West. Un. Tel.
93
Adams Exp...
American Ex. •45*
-
43
•33
•This la the price
*
*
5054
It*
12
•
•
•
64*
65*
53*
75*
102* 103*
7*
6*
21* 25*
63
56
7 *
68
12*
70
81* S3Y
93
93*
45* 46
•io* 44
83*
•83
....
hid and asked
; no
12*
68*
10*
hi
82*
92*
46*
42*
93
80*
•92*
•83
46*
42*
83*
63
•110
•110
•no
113
U*
66 Y
82
93*
45
46*
12 Y 42 Y
83
83*
sale was made at the
14*
12*
Y
81*
12*
71*
69
69 Y
92*
82 Y
92*
4=>Y
45
*41*
43
S3*
S3*
since Jan. 1>
follows:
Chicago Burl. & Quine
Chicago Mil. & St. Pat
Sales
of w’k. ,—Jan. 1, 1877, to date.Lowest.
i
Highest
Shares
Mch.’
718 15*4 Feb. 3 25
Ju> e 11 37* Jan.
6
3,802
Mch. 19 118* Jan.
1,477 94
Apr. 12 31* Aug.
29,600 11
40* Apr. 23 67* Aug.
15
Apr. 13 37* Jan.
3724 Apr. 23 6354 Aug.
8254 -Apr* '23 102* Jan.
25* June 13 74* Jan.
Delaware & Hudson Canal
Delaware Lack. & Western
84,»30j 3054 June 11 77 Jan.
4* Apr. H 12* Aug.
45,120
Erie
6 400;
Apr. 17 15* July
Hannibal & St. Joseph
8,100! 17 A r. 17 33* July
do
do
pref....
200' 135
Feb. 19|144
May
Harlem
°
65*4 Jan.
5,374 40*4 Apr.
Illinois Central
226,358 45 Apr. 23 65* Aug.
Lake Shore
L 8,0111 35* Apr.
2 59* Aug.
Michigan Central
5,v59 51 * June 13 92*4 •|an.
Morris & E-sex
N. Y. Central & Hudson River.. 49,133 85* Apr. 23 104* Jan.
67,750' 2* July 7 7* Jan.
Ohio & Mississippi
38,765! 12* Apr. 3 26* Aug.
Pacific Mail
80
Apr. 3 130 Mch.
Panama.
Aug.
60,816
*4 June 30 15
Wabash Receipts
10.423; 59* Jan. 15: 73 Men.
Union Pacific
56
Apr. 4j 83* Aug.
116,16) |
Western Union Telegraph
Jan.
172 91
Apr. 23 1 5
Adams Express
637 43* July 3| 60* Feb.
American Express
SO i 36
Apr. 27 59* Jan.
United States Express
167 61
July 25| 90 June
Veils, Fargo & Co
ao
do
pref...
Chicago & Northwestern
do
do
pref...
Chicago Rock Island & Pacific..
35,450
60,845
51,885(
45,883
11,637
.
Total Bales of the week in leading-
..
“
23
29...
30
31
“
“
“
Total..
Whole Stock
21,700 39,262 18,239
11,930
5,515
8,660
8,900
4,203
3>,486
47.213
40,600
37,928
26,8 39
20,783
19,00
16,570
29,429
12,142
Whole
year 1876.
Low. High
14* 22
20* [109*
112* 121*
18* 46*
49* 84*
31* 45*
55* 67*
98* 111*
61* 135
64* 120*
7* J
23*
10*1 22*
18*1 33*
130*: 145
60*! 103*
48*! 68*
34*; 65*
106
84
117*
| 24*
16* 39*
96
5
122
140
74*
63*; 80*
100
55
,114
67
49*
79
"5,603 38,227
13,525
4,730 17,170 21,625
3,650 26,280 18,680
9,500 24,854 16,300
9,600
9,670 12,700
4,700
2,300
8,430
76*
!
91
'9,340
7,125
8,327155 5,700
14,700 12,700
6,786 11,905
2,855
4,650
286,004
114,389
128,979
3,211
256,286 1,553,365 1,822.007
6,869
189,831
184,317
9,069 300,776 289,982
72,272 . 2,499,022 2,186.249
61.195 1,821,693 1.898,952
87,709 * 70J,966 69:4.079
13,944 332,049 347,248
8,895 189,213 188,931
2,988
85,193
86,729
55,016 248,256 317,313
-
192,925
134,330
30,206
31,820
37,209 660,744 889,021
91,(446 2,583,185 2,637,078
109,548
1,101,093 1,154,314 5,992,409 5,645,933
embrace Trinidad extension ;
included prior to June 1.
in 1876, the earnings of
and closed to¬
Market*—Gold has continued low,
gold
day at 104, which was the price throughout the day. On
loau3 the rates were fiat to 1 per cent for borrowing, and 1@2 per
cent for carrying.
The gold movement from England has some
effect in depressing prices, although it is not yet of much magni¬
tude, and may be quite temporary in duration.
and gold
the course of gold
each day of the past week:
following table will show
The
clearings and balances
’Quotations
Op’n Low. High Clos.
103* 104* 104
Aug. 25.... 101
Saturday,
Monday,
Tuesday,
Wednesday,
Thursday,
Friday,
27....
28....
29
30....
31....
“
“
“
“
“
...
104
101
101
104* 104*
104*
104*
104* 104* 104*
104* 104* 104*
104
104
»
Balances.
Total
Gold.
Currency,
Clearings.
$28,399,000 $1,576,478 $1,730,971
10,450,000 1,401,000 1,466,015
17,195,000 1,129,339 1,184,026
15,375,000 1,836,838 1,917,234
22,145,000 1,52.1,330 1,590,779
14,490,000 1,063,350 1,146,021
,
$114,054,000
104
103* 104* 104
103* 104* 105* 101* 114,833,000
104
107* 1(3* 107*
Current week.
Previous week..
Jan. 1 to date ..
.
The
101*
104*
104*
104*
1,311,000
Sl‘,408,72i
quotations in gold for foreign
following are the
and
American coin:
Sovereigns
Napoleons
X X Reichmarks....
X Guilders
$4 84 © $4 83
3 84 © 3 88
4 74 © 4 80
3 90 © 4 10
Spanish Donbloons. 15 60
Mexican Donbloons
Fine silver bars
Fine cold bars
© 15 80
© 15 60
117*©
118*
par©*prem.
15 50
Dimes & half dimes.
Large silver, *s&*s
Five francs
Mexican dollars.
—
95
—
95
—
...
English silver
Prussian silv. thalers
Trado dollars
—
93
92
4 75
—
65
—
94
©
©
©
©
©
©
©
95*
95*
- 95
— 94
485
- 70
-
-
-
95*
Exchange.—Foreign exchange has been somewhat unsettled,
and rates variable.
To-day, leading drawers were firmer, and
advanced their asking rates to 4.83£ for sixty-days sterling, and
transactions were done at
these prices. The advance of 1 per cent in
England rate on Tuesday was an element of Blight
demand. On actual business,
4.8'H for
|(a>! concession on
influence on the
market.
York at the
selling
Charleston, scarce, 3-16@± premium; Cincinnati, firm, buying
1-10 discount, selling par; New Orleans, commercial tfQi, bank
bills the following were rates on New
undermentioned cities to-day: Savannah, buying
In domestic
St. Louis
50 cents off, and
Chicago, 75 discount.
Aug. 31.
7,478
3,450
of stock outstanding is given in
the last line, for the purpose of comparison.
The latest railroad earnings, and the totals fro 21 Jf n. 1 to latest
The Gold
N. Y.
Rock
Cent. Isl’nd.
63,545 226,358 116,163 35,450 128.011 84,430 49,133 45,883
151,011 494,665 337,874 122,744 187,382 262,000 894,2S3 249,957
The total number of shares
Figures this year
21,048
312,862
942,639 1,004,031
this extension were not
the Bank of
57*!
stocks were as follows :
North- Lake West’n St.Paul Mich. Del.L.
Cent. & W.
Dref.
weet. Shore. Union.
27
S3
Board.
week, and the range in prices
Atlantic & Pacific Telegraph
Central of New Jersey
Aug. 25
13V is
69Y 70*
8’* 82*
62Y 93
•45*
•42* 43Y
83
.Month of July..
Tol.Peoria &Warsaw..3d week of Aug.
Wabash
3d week of Aug.
Union Pacific
Month of June..
*
3,469
40,597
953,087
56,120
5,669
3,773
163,501
7,516
11.666
9.1/,00
80,837
96.424
12,918
11,491
Month of July..
St. Paul & S. City
Sioux City&St.Paul.
756,223
127,395
131.646
(Ken.div.)...lst week of Aug.
(Tenn.div.)..l8t week of Aug.
“
Tuesday,
113
>0*
-
been as follows:
34.276
62,750
Midland..Month of June..
of July..
Pad. & Elizabetht’n...lst week of Aug.
Fad. & Memphis
3d week of Aug..
Phiia. & Erie
Month of -luly ..
St. Jos. & Western
2d we?k of July.
Sr.L. A.&T.H.(brchs).3d week of Aug..
St.L. r. Mt. & South..3d week of Aug.
St. L.K.C.&North’n..3d week of Aug..
St. L. & S. Francisco..Month of July...
St.L.&S.E’n(StL.div.) 1st week of Aug.
Friday.
Wednes’y, Thursday,
Au/. 31.
Aug. 30.
Aug. 29.
*ug. 23.
*:s* 2i
19
19
•18* 19S •17* 20
*6
16*
ICS 17
17
18
1654 16S
100
10J
99 Y H O
99 Y 99 Y
1(X>54 10054
30Y 31*
305, 31*
28
30’4
29* 3054
66* *>7
66Y 67Y
61
6654
6554 65*4
32
31
32* 33 S
2954 SiS
3154 3354
6 * 62 Y
61
63
5354 60Y
60S 62
99* 100S
9954 101*
99 Y 10154
98S 9954
49
49
49* 49*
S
49
49<4 47 Y 48 S 49
50
48*
49*
47Y 49*4
13J4 50
11* 12*
10 Y 11*
1154 11*
1154 1254
11Y 12*
11
1154 12*
11Y
1154 H)4
27
26
26* 27*
24
26
2554 26
•
#
113 "
145
143
•Ill
142* : 112*
64
65*
62
62
63* 61
62* 63*
63* 64*
63* 64 Y
60Y 62*
62* 64*
56* 57*
56* 5.'*
53* 5>*
55* 53
74
74
71
74*
73* 74*
75* 75*
102
103
10;*
101 * , .02*
99* li'lY 101*
7*
6Y
7*
6*
6* «Y
6*
7*
21
24*
24* 24*
23* 24*
23* 24 Y
•110
93
46
43
Total sales this
were as
♦ »
10*
71Y
>•3*
50s
48Y
1054
llY
63*
59*
75
75*
101Y 103*
7*
6*
21* 25 Y
N.Y.Cen.&H.R
49
*141
f6
Michigan Cent
United States.
Wells, Fargo..
.
.
62Y 65
63* 65*
Morris <fcEeeex
1876.
Monday,
Aug. 27.
20
20
18
18*4
X10054 100*4
24)4 3154
6 54 6754
31Y 3554
6 >>4 63s
31,018
Nashv.Chatt. & St.L..Month
“
daily highest and lowest Drices have
536,234
8,372
19,239
52,Ml
171,740
65,690
165,449
369,630
Indianap. Bl. & W ...3d week of Aug..
Int. & Gt. Northern...3d week of Aug..
Kansas Pacific
Month of July..
Louisv. Cin. & Lex...Month of July..
Louisv. & Nash., Ac..Month of July..
Missouri Pacific
Month of July ..
Mo. Kansas & Texas..3d week of Aug..
Mobile & Ohio
...Month of July..
New Jersey
19,553
815,721 692,983
231,022 1,620,407 1,598,079
599,876 582,010
91,514
364,623
’
252,313 2,074,502 2,004,242
63,959 l,8:)4,9il 1.333,638
93.912
923,781 947,438
144,000
Chic. R. I. & Pacific..Month of June..
Clev. Mt. V. & D.,<fec..2d week of Aug..,
Denv. & Rio Grande...2d week of Aug..
Gal. liar. &San Ant’o.Month of June..
Grand Trunk
W’k end. Aug. IS
Great Western.
W’k end Aug. 17
Hannibal & St. Jo... Month of June..
IllinoisCen. (Iil.lines).Month of July...
do (Leased lines).Month of July...
1676.
24,459
274,362
90,562
390.483
267,044
75,534
9S,F32
119,795
3d week of \ug..
Paul...3d week of Aug.
1877.
89,077
week of Aug..
3,813
.1st week of Aug.
58,933
Month of July... 1,366,000
Chicago & Alton
those of the same time last year.
The
..
Jan. 1 to latest date.
$57,322 $1,409,965 $1,404,593
16,126 566,196 710.880
> 5,tri3
147,229
15^,847
30,156 1,091,208
978,636
1,541,223 9,066,000 9,568,167
135,562 2,707,914 3,025,670
114,703 3,906,460 5,028,276
659,196 3,238,8*30 3,385,435
223,799 224,092
6,519
10,482 *416,645 *261,735
40,323
426,603 283,259
161,955 5,488,455 ' 5,873,155
68,109 2,276,414 2.452.516
141,426
92$,108 904,702
330,495 2,549,119 3,060,661
114,034
$75,425
26,711
week of Aug..
week of Aug..
,
1676.
1877.
increase of about $75,000
reported serai-officially to show an
1, to, and including, the report mentioned
Latest earnings reported.
/
Chic. Mil. & St.
market
Stocks*—The st ick
sharply just after we last wrote,
unsettled feeling,
an
;
The statement includes the gross earn«:
given below.
gross earnings from Jan.
in the second column.
100*
1st
90
1st
7s, due 1902
are
ings of all railroads from which returns can be obtained. The
columns under the heading “ Jan, 1 to latest date” furnish the
days.
82*@4.83*
.82*@4.82*
.81 Y©4.82
.80*@4.S1*
60
bankers’ sterling bills on London..
Good bankers’ and prime commercial....
Prime
Good
commercial
Documentary
commercial
.20*©5.18*
Paris (francs)
Antwerp
.20* ©5.1**
(francs).'
.20*©5.18*
39*© 40
Swiss (francs)
Amsterdam (guilders).
Hamburg (reichmarks)
(reichmarks)
(reichmarks)
Berlin (reichmarks)
Frankfort
Bremen
•
,
94*@ 91*
94*© 94*
94*© 94*
94*© 94*
3 days.
4.86 ©4.86*
4.85*@4.86
4.84*@4.85
4.83*©4.84tf
5.1S*@5.16*
5.18*©5.16*
5.18*©5.16*
10*
95
94*© 95
94*© 95
94*© 95
40*©
94*©
BOSTON* PHILADELPHIA, Etc.-Continued.
New York City Banks.—The following- statement shows the
condition of the Associated Banks of New York City for the week
ending at the commencement of
business on^Aug. 25, 1877:
Capital.
Loans aud
Discounts.
L**gal
Spcce. Tenders.
Manhattan Co... 2,050,0 0
Merchants’
Mechanics’
Union
America
Phoenix
.
City
Tradesmen’s
Fulton..
Chemical
Merchants’ Exch.
Gallatin National
Butchers’* Drov.
Mechanics’ & Tr.
Greenwich
Leather Manuftrs.
Seventh Ward....
State of N. York.
American Exch'e.
....
3,000,000
2,000,000
1,500,000
3,000,000
1,000,000
1,000,000
1,000,000 3,159,000
000,000 1,341,5)0
3)0,000 10,073.100
3,417,000
1,000,000
1,5:0,000 3,714,100
500,000
1,531,000
1.760.200
792,300
2,731*,300
724,100
600,000
2 0,000
000,000
300,000
Mercantile
Pacific
800,000 2.457.800
5,000,000 12,396,000
5,000,000 14,‘148,000
1,000,000 4.770.300
3,091,400
1,000 000
2,072,300
422,703
Republic
1 500,000
Chatham'
450,000
People’s
412,500
Commerce
Broadway
North America... 1,000,003
Hanover
1,000,000
Irving
Metropolitan
500,000
3,003,000
Citizens’
Nassau
Market
St. Nicholas
Shoe and Leather.
Corn Exchange...
Continental
600,000
1,000,000
1,0 0,000
1,000,000
1.000,000
1,000,000
1,250,000
300,000
Oriental.,
Marine....
400,000
Importers’&Trad. 1/00,000
Park
2,000,000
Mech. Bkg. Ass’n.
500,000
Grocers’
300,000
North River
40 >,000
East River
350,000
Maduf’rs’ & Mer.
100,0 .0
Fourth National.. 3,750.100
Central National., 2,000,000
Second National..
300,000
Ninth National... 1,500,000
First National....
500,0 '0
Third National... 1,‘iOO.OOO
N. Y. Nat. Exch..
300,003
Tenth National...
(00,000
Bowery National.
New York County
250,000
200 0 0
German American 1,000.000
Dry Goods
1,000,000
3.504.300
3,104.000
$
35,000
7,500
142,300
128,100
$
9.584.800
5.936.300
7.408.900
9,662,000 1,573,500 1,184,000
43s,900 1,011,600
6,019,100
873,2-00 1.991.500
8,121,200
333.100 1,131,800
6.657.200
254.500
945.600
4/52,400
9^356,000 1,058,700 1,766,700
498,000
190,000
2,808,000
5.615.200 1,045.300 1,272,000
3,000,000
New York
Deposits.
$
*
$
Circula¬
tion.
Net
5.213.600
3,418300
7.985.400
*
l’ioo
270,000
2,634,000
4.715.400
779, i00
448.800
1.762.800
1.601.400
1,097,500
2,949,900 10.555.800
571.300 2,612,409
463.800 2.173.500
250,000
1,182,000
232.800
1,036,100
206,4u0
825.800
359.800
2.339.600
.33,800
133.300
808.400
56,700
201,900
58,000
30,2)0
246,203
96.800
333.400
747.200
200.400
572,000 1,595,000
339.600 1.293.400
96,000
762,103
451.400
191.300
675.400
13.800
304.500
218.500
522.400
221.100
Bid. Ask.
SECURITIES.
-AVERAGE AMOUNT OF—
Banks
207
fSE CHRONICLE
1.1877. j
September
589,800
45,000
91,000
196.300
2,700
240.400
36,500
881,200
2.940.700
45,000
226,000
8,385,000
5.194.300 2,266,700
3.250.800
894,700
2.715.900
45,000
2.212.300
450*,666
2.340.600
3,105,100
272,000
1.191.500
5,40‘J
1,942,200
353.300
3.432.700
70,700
2,149,000
9,732,000
18,000
132,900
1.636.800
l,95S,2i)0
3,900
1.767.300
199.500
500.500
1,209,000
378.100
3,021,800
4,800
1,8)6,400
2.231.600
598.400
1.159.400
226*666
1,761,000
16,283,600 1,066,000
60,000
13,256,000
2)5,700
572,500
202.500
23.800
1.356.700
78,500
466.600
2.113.300
729.300
157.700
3.982.700
607.900
11.300
2,025,0 0
12,043,000 1,34),000 1,237,000
438.600
46,900
1.561.400
264.500
2,191,900
23.300
104.500
445.200
2.430.400
371,000
2,183/00
89.600
102,100
678,000
3.715.700
38,000
640,000
2.927.400
456,000
3,090 500
97.600
11.600
200.700
1,376,600
124.400
390,000
1.742,200
498/00 3.651.500
15,298,600
513.800 3,031,800
10,640,800
139.200
725.800
10,000
148.300
597.900
2,00)
710,000
2)7,500
8:38,300
17.100
877,900
119.300
582,600
93,500
21.400
763.200
1,900
505.700
126.400
441.200
13,995,000
355.700 3,352,300 12,231,700 1,046,666
95,000 1,709,000 6,54^,000 1,433,000
7,477,000
268,000
530,000
1,924,000
1,890,000
718,000
60.400 1,35),300
4.671.700
5.139.300
645.600 1,854,109
6.581.400
112.400
5,2)3.900
49,400
216.500 2.925.400
5.693.300
3.626.500
209.600
1.151.800
821.800
36,609
269.400
11.100
188.900
729.700
441,600
1.331.500
244,000
221.400
2,300
892.900
1,080,‘700
291,000 1,039,400
180,000
1.118.300
142*500 440.700 2.210.500
2.434.400
100
619,500
13,400
6,100
Pennsylvania 6s, coup., ’.910
Schuylkill Nav. 1st m.6s, ’97.
PHILADELPHIA,
STATE AND CITY BONDS.
Penna.
do
do
do
do
5s, g’d, lnt.,reg. or cp
5s, cur., reg
53, new, reg., 1892-1902 11044 HO?
68,10-15, reg., ls77-’82. 102S* 102^
6s, 15-25, reg., 1832-’92. 11 £46 113
107
1084
Philadelphia 6s, old, reg
6s, new, reg....
do
113
00
Allegheny County 53, coup.,
Pittsburg 4s, coup., 1913
do
53, reg. A cp., 1913
do
6s, gold, reg ...
do
7s, w’t’r In, reg. Ac 101
do 73, str. Imp., reg., ’83-86
N. Jersey 6s, exempt, rg.Acp
Camden County 6s, coup
Camden City 63, coupon
do
7s, reg. A coup 112
Delaware 6s, coupon
Harrisburg City 6s, coupon .« iof a
90
92
37
22
41
CANAL 8TOCKS.
19
Morns
do
pref
..
115
112
110
113
113
109
99
111
111
113% 113%
112
113
114
111
Pittsburg A Connellsvllle..50
BONDS.
Balt. A Ohio 6s, 1880, J.AJ....
do
6s, 1885, A.AO.
N. W. Va. 3d m.,guar.,’85,JAJ
PItt8b.A Conneirsv.7s/98fJAJ
Northern Central 6s, ’85, JAJ
do
•
63,1900, A.AO.
do 63, gld, 1900, J.AJ.
Cen. Ohio 6s, 1st m.,’90,M.A S.
W. Md. 6s, 1st m., gr.,’90,J.A J.
do
1st in., 1690, J. A J...
2d m., guar., J.A J...
do
do
2d m., pref
do 2d m.,gr. by W.Co.J&J
do 6s, 3d m., guar., J.AJ.
Mar. A Cln. 7s, ’92, F. A A,...
do
2d, M. A N
do
8a, 3d, J.AJ
Union RR. 1st, guar., J. A J..
Canton endorsed.
do
101%
105
■95
104
101
96
102
103
92%
1C3
106
1....
109
107
04
l97%
03
13
00
108
65
101
108
93
41%
15
ioi
Baltimore Gas certlilcates... 104
13%
People’s Gas
110
13%
WASHINGTON*
District of Columbia.
..—
Schuylkill Navigation
do
1124*
11344
MISCELLANEOUS.
35
1816
112
RAILROAD 8TOCKS.
Par.
Balt. A Ohio.
100
do
Wash. Branch.100
do
Parkersb’g Br..50
Northern Central
50
Western Maryland
50
Central Ohio
50
..
Pennsylvania
Philadelphia A Erie
Poiladelphla A Read ng
Philadelphia A Trenton
Phlla.Wllmlng. A Baltimore.
7
746
Pittsburg Tltusv. A Buff
1274s 12844
United N. J. Companies
West Che3ter consol, pref....
West Jersey
Pennsylvania
6s, exempt, 1887 ..
6?, 1890, quarterly.
5s, quarterly
Baltimore 63, iSSl, quarterly
do
6s, .886, J.AJ
do
6s, 189). quarterly.,
do
68, park, 1890, Q.—M.
do
6s, 1893, M. AS
do
do
RAILROAD
Norristown
North Pennsylvania
Lehigh Navigation..,.
BALTIMORE.
.
NeBquehonlng Valley
.
6s, 1907
6s,exempt,’9S.M.AS 114% 115
do
1900, J.AJ
1134* tU
do
1902, J.AJ
113k 114
do
5s, 1916
102% 102%
Norfolk water, 8s
Mlnehlll
Delaware Division.
m.
do
Huntingdon A Broad Top...
do
do pref
Lehigh Valley
Little SchuylKill
Chesapeake A Delaware
2d
m.6s, ’95....
6s, Imp , ’80
6s, boat A car, 1913
boat
A car, 19,5
7s,
Susquehanna 6s, coup.. ’.9.8..
Maryland
6s, defense, J.A J..
do
2844
3246
do
do
do
do
do
1134
RAILROAD STOCKS.
Camden A Atlantic
do
do
pref....
Catawlssa
do
pref
do
new pref
Delaware A Bound Brook..
East Pennsylvania...
Elmira A Williamsport
do
do
pref
Har. P. Mt. Joy A Lancaster.
Bid. Ask.
SECURITIES.
Perm. Imp.6s, g.. J.AJ., 1891.
do
7s, 1891
Market Stock bonds, 7s, 1892.
Water Stock bonds, 7s, 1901..
do
do
78, 1903..
pref...
Susquehmna
RAILROAD BONDS.
104
102
102
102
102
105 V 100 >4
Allegheny Vai., 7 3-10.3,139 >
95
do
7s, E. ext., 1910 8 r
Washington.
40
do
inc. 7s, end., '91. 3.5
Ten-year bonds, 6s, ’78
Belvidere Dela. 21 in. 63. ’Si.. 100
10346 Fuud. loan (Cong.) 6s, g., ’92.
do
31m. 63,’o7..
do
(Leg.) 6s, g., 1902.
Camden A Amboy 6s,’83. ... 10246 i04
Certifs.of st\;k (1828) 5?, at pi.
103
102
do
6s, coup., ’89
do
(1843) 6s, at pi.
do
mort. 63, reg.,’89 11046 11146 Ches.AO.st’k
(’47) 6s, at pi...
Cam. A Atl. 1st m. 7s, g., 19)3
Georgetown.
21 m., 78, cur.,’80
do
General stock, 8s, ;881
Cam. A Burlington Co. 6s.*97
do
6s, at pleasure
Catawlssa 1st,fs, conv., ’a2...
Bounty stock. 6s
do
chat, m., 10s,’38
do
Market stock, 6s
do
102
100
do
new 7s, 1900
Bfcard of Public Works—
CayugaL. 1st in.,g.,78,1901*..'
Certlfs. gen. Imp. 8s, ’77-78. 102
103
Connecting 6s, 1900-1904
102
do
Series
Dan. H.A Wilks., 1st.,7s,’87*.
Certifs. sewer, 8s,’74-77.... 35
Delaware mort., 6s, various..
Water certlilcates, 8s, ’77... 96
102
90
Del. A Bound 15r., 1st, 7s. 1905
101
East Penn. 1st mort. 7s, ’88
CINCINNATI.
iob*
El.A W’msport, 1st m.,7s,’60. 101
99
Cincinnati 6s
106
104
104
104
104
100
100
108
80
95
106
..
Total
69,235,200 241,899,600 14,259,000 50,789,000 213,026,300 15,515,500
The deviations from returns of previous week are as follows:
Loans
Inc. $1,003,300 Net Deposits
Dec. $388,300
Dec.
30,800
Specie
Inc.
809,300 Circulation
Legal Tenders
,.Dec. 1,907,000
The following are the totals for a series of weeks past:
Loans.
Specie. L. Tenders! Deposits. Circulation. Agg. Clear.
July 21. $250,9)2,*20) $14,979,800 $57,499,700 $ 22.813,600 $15,546,400 $400,708,240
Jn’y 28. 249,169/00 13,984,100 57/325,200 2*1,064,900 15,517,909 368,914,804
Aug. 4
249,767,8"0 14,135,800 51,262,100 3:9,166,600 15,585,300 390,467,627
Aug. 11. 245,377,20) 15.030,700 53,004,800 215,431,600 15.689.500 340,062,240
Ang. 18. 243,895,309 13,449,700 52,696,000 213,414,600 15,515,900 344,757,974
Aug. 25. 244,899,600 14,259,009 50,789,000 213,026,300 15.515.500 420,915,000
Boston Banka.—Totals were as follows:
L Tenders. Deposits. Circulation. Agg. Clear.
Specie.
Loans.
July 23. $131,378,800 $1,947,700 $5,725,30) $51,200,000 $23,502/200 $45,485,814
39,0)3,999
6,008,900
50,450,300 23,440,900
Inly 30. 129,844,800
1,753,000
Ang 6..
129,167,500.
Aug. 13.
Aug. 20.
123,787,400
129,311,700
Aug. 27.
128,971,309
1.762.100
1.827.100
1,693,50)
1,653,709.
23,346,800
49,845,300 23,500,600
49.451,000 23,475,8)0
49,003,600 23,306,609
50,987,500
5,938,700
6,359,300
6,436,6 0
6.619,500
43,131,316
38,032,036
39,564,014
36,250,619
Philadelphia Banks.—Totals were as follows:
Loans.
Specie.
Deposits. Circulation. Agg. Clear
$56,152,197 $10,414,015 $35,619,767
29,169,733
53,329,167 10,398,891
52,346,689 10,417,785
32,105,987
50,443.923 10,448,640
30,400,020
49,647,779 10,453,248
30,266,461
30,087,802
49,335,787 10,489,830
L. Tenders.
July 23. $63,521,003 $1,320,027 $17,734,282
July 30.
1,253/386 17,174,770
61,416,235
Aug. 6
Ang. 13.
Aug. 20.
Aug. 27.
a
1,299,145
1,266,194
1,215.877
1,138,119
61,048,595
.
61,142,2^5
60,940,112
60,633,929
16,508,255
15,141,508
14,603,236
14,659,797
QUOTATIONS IN BOSTON, PHILADELPHIA AND OTHER BITIES.
Bid. Ask.
SECURITIES.
do
STOCKS.
114
115
112
5s, gold
do
Atch. A Tcpeka 1st m.7s
<s
do
„
88%
79%
89
land grant7s
2d 7s
so%
land Inc. 12s. 102
Albany 7s
6s
107
Neb.
8s, 1S91
Neb.88,1883
....
105
96
105%
Ogdensburg A Lake Ch.Ss...
Colony A Newport 7s, ’77.
Venn’t
^
Ti»
do
Concord
Connecticut River
iConn. & Passumpsic
’Eastern (Mass.)
(New Hampshire)...
new
8s..
*’ik
i25
55
3%
i(%
Manchester & Lawrence
120
Nashua & Lowell
New York A New England...
Northern of New Hampshire
Norwich A Worcester
113
100
Portland Saco A Portsmouth
23
89%
60
3*6
163%
124
96
39
do
23%
90
89
50
preferred
Vermont A Canada
Verm on A Massachusetts..
Worcester A Nashua
19
10646
40
do
1st m., 58, perp.
Harrisburg 1st mort. 63, ’83...
H. A B. T. 1st in. 7s, gold, ’90.
do
2d m, la, gold, ’95.
do
8dm.con8.7s,’95*.
IthacaA Athena lst.gld, 7s.,’90
Junction 1st mort. 6*, ’82
do
2d mort. 63,19)0
Lehigh Valley, 63, coup.. 189S.
do
6s, reg., 1898...
do
7s, reg., 1910
do
con. m.,63,rg.,l923
Little Schuylkill, 1st m. 7s,’77
Northern Pac. 78rl0s, cp.,1900*
North. Penn. 1st 111.6s, cp.,’85.
do
2dm.7s,cp.,’96.
7s
•do
do
7*308
do
South. RR. 7'30s.f
do
do
6s, gold.
Hamilton Co., O., 6s. long...
do
7s, l to 5 yrs..t
do
7 A 7‘oOs, long.f
Cln.A Cov. Bridge st’k, pref.
104
20
...
10946
|Cln. Ham. A D. 1st m. 7s, ’80
110
do
2dm. 7s,’85
10946 11046 ;CIn. Ham. A
Ind., 7s, guar..,
92
14
100
112
106
107
87
19
107%
113
107
gen. m. 7s, cp., 1903
108
gen. m. 7s, reg., 1903
88
Oil Creek 1st in. 7s, coup.,’81.
fittsl). Tltusv. A B.,7s, cp.,’96 54)4 56
111
Pa.A N.Y.C.A P.RR.7S,’96-1906 108
106
Pennsylvania, 1st m., cp.,’80.. 105
106
do
gen. m. 6s,cp.,19i0. 10546
do
gen. 111 6s, rg., 1910. 107%
91
cons. m. 6s rg.f 1905
do
cons.m. 6s, cp., 1905
do
Perl-.lomen 1st m.6s,coup.,’97
Phila. A Erie 1st m.6s, cp.,’81. 10246 10346
do
2d 111. 7s, cp.,’98. 93% 9446
10346 100
Phila. A Reading 6s, ’SO.
do
7Sf roup ,’93 108
42
do
deben., cp.,’93 37
10046
do cons. nr. 7s, cp.,191!. 100
do
do
do cons. ni.
7s, rg.,1911. 10046
514a
do new con. 7s, !t>93
Phila.A Read. C.A I. deb. 7s.*2
do
do
7s. ’92-93.
Phila. Wilm. A Balt. 6s, ’84....
Pitts. Cln. A St. Louis 7s, 1900
101
50
54
71
Stony Creek 1st m, 7s, .907.... 105
Snnbury A Erie 1st 111. 7s, *!7..
United N.J. cons. 111. 6s,’94..
Warren A F. 1st 111.7s, ’95
West Chester cons. 7s, ’91
West Jersey 6s, deb., coup.,’83
1st in. 6s, cp.,’96.
do
103
do
1st m. 7s, ’97
Western Penn. RR. 6s, ’.893...
6s P. B.,’96. 79
do
Wilm. A Read. 1st m. 7<. 1900*
2dm
do
902*...
85
104
80
,
CANAL BONDS.
Chesap. A Dela 6s, reg., ’82..
Delaware Division Gs, cp.,’78.
120
Rutland, common.
la, ’86.
2dm., 7s, 1891.
Vermont A Canada,
t...
Ogdeusn. A L. Champlain .
do
do
pref.
Old Colony
50
7s
C. 1st m.f cons,
89%
121
39
97
...
Rutland, new
*....
Fitchburg
Eastern, Mass., 3ks, new.
Hanford A Erie 7s, new......
Old
Lowell
Maine
Providence
45%
101
..
Shamokin V.A Pottsv. 7s, 1901
Steubenv. A Ind. 1st, 63.1884.
113
00
Sandusky & Clev
Eastern
Boston & Lowell 7s
Boston & Maine7s
Burl. & Mo., land grant 7s....
do
do
Albany
Burlington & Mo. In Neb
Cln.
Portland 6s
Boston
Boston*
Boston &
Boston &
Boston &
Cheshire preferred
7s
Municipal 78
sewerage
do
do
do
Ask.
Vermont A Mass. 1st m., 6s/b8
BOSTON.
Maine 6s.
New Hampshire 6s
Vermont 6b
Massachusetts 5s, gold..
Boston 6s, currency
Chicago
Bid,
SECURITIES.
105
105
45
103
Lehigh Navigation 63, reg.,’84 102
do
RR.. rg..’9T 10146
do
deb.,rg.,’77
do
conv., rg.’82
103
do
conv., g., rg.,’94 96
do
gold,’97.... 8746 88
do cons. m.7s, rg ,19>1
Morris, boat loan, reg., 1835..
*
In default of Interest.
Cln. A Indiana 1st m. 7s
2d m. 7s, ’«7
do
Colum. A Xenia, 1st m. 7s,’90
Dayton A Mich. 1st m. 7s,
'81.
2dm. 7s, ’84.
3d m. 7s, ’83.
do
do
106
110
100
110
115
103% 104%
95
97
100
107
109
101
98
96
100
106
112
105
103
101
50
91
75
105
103
101
99
Dayton A West, lstm., ’8l...t
do
1st m., 1905
do
lstm. 6s, 1905
.
Ind. Cln. A Laf. 1st no. 7s
do
(I.AC.) 1st m.7s,’i
Little Miami 63,’c3
Cln. Ham. A Dayton stock...
Columbus A Xenia stock
Dayton A Michigan stock.
st’k, guar
do
8. p.c.
Little Miami stock
...
LOUISVILLE.
106
Louisville 7s
t
do
+
99%
6s,’82 to’87
do
6s, ’97 to ’99
t
do
water 6s/87 to ’89.f
do
99%
water stock 6s,’97.t
do
wharf 6s
t
do
spec’l tax 63 of ’39. t
Jeff. M.Al.lst m. (1AM) 7b,’811
70
do
2dm., 7s
do
1st 111.,7s, 1906....t
99%
Loulsv. C. A Lex. 1st m. 7s,’97. 108
106%
Louis.A Fr’k., Loulsv. in,6s,’81 100
100%
Louisv. A Nashville—
08Leb. Br. 6s,’86
+
97
1st m. Leb. Br. Ex.,78,’80-;5.t
Lou.ln.
6s,
do
99%
98
Cousol. 1st m. 7s, ’98
Jefferson Mad. A Ind
Louisville A.Nashviile
28% 27%
98
Louisville Water 63, Co. 19071 98
sss
ST. EOUIS.
6s, long..
t 104
gold
t 107%
do
new.t 107
do
bridge appr.,g.6s t 107
renewal, gold, 6s.t 107
sewer, g. 6s, ’9.-2-3.f 107
Co. new park,g.6s.t 107% 108%
cur. 78
t
St.L.A SanF. RR.bds, ser’sA
do
do
do B
25
do
do
do C
St. Louis
do
do
do
do
do
Louis
St.
do
t And
water bs,
Interest.
THE CHRONICLE
208
QUOTATIONS OF STOCKS AND
previous page.
U. 8. Bands and active Railroad Stocks are quoted on a
Bid. Ask.
iiouBims.
State Bonds.
AJaoama 5b, 1883
do
5s, 1886
do
8s. 1686..
do
8s, 1688
Chic., Rk. Isl. & Pac., 1st m. 7s 109% 109%
104
do
S. F. Inc. 6s, ’95
do
6s, 19.7, coupon 104% 104%
39
39
99
108
95
100
104
7s, endorsed. ...
7s, gold bondB... 17
mmols 6s, coupon, 1879... 101
War loan..
do
6s, new
8s, floating debt
7s, Penitentiary
6s, levee
8s, do
...
.
8s, do 1875 .,
8s, of 1910.. .
7s, consolidated
7s, small
do
do
do
do
do
do
do
do
do
i09
103
101
101
52
Kentucky 6s
Louisiana 6s
Michigan 6s, 1873-79
do
6s, 1883
do
7s, 1890
Missouri 6s, due 1877.. ..
do
do
1878
Funding, due 1894-5. .. .
Long bonds, due ’32-’30.
17*
173*
A. & O
J. & J....
do
..A.&O....
do coup, off, J. & J..
do
do
off, A. A O.
..
Funding act, 1866
do
do
do
1868
hi., La C. D.
in., I.&M.D.
m., I. & D
m., H. & D.
1st m.,
2d m
ao
1891
c*up. 7s, 1894
reg. 4,1894
2d
Sd
102%
01%
103
92
15
do
do
do
do
do
do
do
02
do
do
107
102
*07%
79
Jan. A July
April A Oct
Funding act, 1866
Land C., 1889, J. & J
Land C., 1889, A. & O....
7s of 1888
Non-fundable bonds ...
Tennessee 6s, old
do
6s, new
do
6s, new series..
Virginia—
6s, old
6s, new bonds, 1566
6s,
do
1867..
6s, consol, bonds
6s, ex matured coup.
6s, consol., 2d series
6s, deferred bonds
..
do
small.,
do
registered
Railroad Stocks.
(Activeprevi'usly quot'd.)
Albany A Susquehanna...
Central Pacific
70
pref
101
115
116
104%
95
100%
85
83*
102%
9*%
105
99
09%
100
115
115%
105% 106
105% 106%
103%
103
103%
78, 1830....
30
31
31
78
65
76J*
70
443*
44%
41
67
76%
73%
85
303*
2d dlv.
do
2d mort...
Lake Shore—
Mich. So.7p. c. 2d mort
Mich S. A N.Ind., S.F.,7 p.c
Cleve. A Tol. sinking fund.
do
new bonds....
Cleve. P’vllle A Ash., old bds
de
do
new bds.
Bnffalo A Erie, new bonds...
Buffalo A State Line 7s
Kalamazoo A W. Pigeon, 1st
Det. Mon. & Tol..lst 7s, 1906
Lake Shore Dlv. bonds
do
Cons. coup.. 1st.
do
Cons, reg., 1st.,
do
Cons, coup.,2d.,
do
Cons, reg.,2d....
Marietta & Cln. 1st mort......
Mich. Cent., consol. 7s, 1902 ...
do
1st m. 8s. ,882, s. 1
b7%
do
equipment bonds.
New Jersey Southern 1st m. 7s
do
do
consol. 7s
N. Y. Central 6s, 1883
85
80
4
do
do
do
do &
do
....
.
102%
Warren
Am. District Telegraph...
Canton Coy Baltimore....
Cent. N. J. Land * 1m. Co.
American Coal
Consolidate Coal of Md..
Mariposa L. A M. Co
do
do
pref.
17
24%
20
ios%
(Stock Exchanue Prices.)
Boston H. A Erie, 1st m..
guar.
...
Bur. C.R& North., 1st 5s..
Chssa. A Ohio 6f, 1st m..
S%
140
10
158
105%
ib*7
16*8*
104
do
Income.
Joliet A Chicago, 1st m. 107
La. * Mo., 1st m., guar..
St.L. Jack.* Chic.,1st m.
Rochester C. Water bds., 1308+
Toledo 8s. 1877-’S9
+
Toledo 7.308.
Yonkers Water, due 1903..
107% 109
107%
*8?*
03
12
116
90
96
••
•
•
•
104%
112!
*% 113%
25
Atchison & P. Peak, 6s, gold..
Atchison A Nebraska, S p. c...
Bur. & Mo. Rlv., land m. 7s...t 109
do
8d S., do 8s...+
do
4thS.,do8s...t
do
5thS.,do8s...t
do
6th S., do 8s...+
Bur. C. R. & N. (Mil.) g. 7s.... *2*0*
Cairo* Fulton, 1st 7s, gold... 56
California Pac. RR., 7s, gold .. 80
de
68,2am. g.
5*4
Canada Southern, 1st m
with lnt. certlfs 53
do
Central Pacific, 7s, gold, conv. 90
27
Central of Iowa lstm. Ts.gold
99
Keokuk * St. Paul 8s
Penn. RR—
Pitts. Ft. W. A Chic., lstm..
do
do
2dm..
do
do
Sd m..
Cleve. & Pitts., consol., s.f..
uo
4th mort....,
2d mort
do
do
Rome Watert’n & Og., con. 1st
St. L. & Iron Mountain, 1st in.
do
do
2d m..
St. L. Alton & T. H.—
...
..
& 1
•
•
CITIES.
Atlanta, Ga., 7s
8s
do
do
•
....
waterworks
25
60
89
75
....
...
•
-
*
*
30
101
«...
102%
HR*
110
SI
20
109
u o
22
100% 101%
60
T
5
101% 102
90
3
20
Chicago Clinton * Dub. 8s
16
Chic. * Can. South !st m. g. 7s.
4
Ch. D. * V., I. dlv., lstm. g.7s.
Chic. Danv. * Vlncen’s 7s, gld 39
Col. * Hock Y. 1st 7s, 80 years. 101
do
1st 7s, 10 years, LOO
do
2d 7s, 20 years.. 90
50
Connecticut Valley 7s
25
Connecticut Western 1st7s...
Chic * Mich. L. 8h. 1st 8b, '89. *t60
18
Dan. Urb. Bl. * P. 1st m. 7s, g.
Des Moines * Ft. Dodge 1st 7s.
Det. Hillsdale * In. RR. 8s
Detroit* Bay City 8s,end...*+ 65
Det. Lans. * Lake M. 1st m. 6s
8
Dutchess * Columbia 7s.
40
Denver Pacific 7s, gold..
Denver * Rio Grande 7s, gold. 25
L02
102
Evansville * Crawfordsv., 7s.. 100
104
104
111%
117*
9*9
90
90
43
87%
86
...
119
99
91
00%
45
106%
89
88
Erie *
Pittsburgh let 7s
100
con. m.. 7s..! 80
do
do
7s, equip... ....
Evansville Hen. * Nashv. 7s......
Evansville, T. H. * Chic. 7b. g. *50
Flint * Pere M. 8s,Land grant, i *73
Fort W.. Jackson* Sag.8s, ’89 ....
Grand R.& Ind. 1st 7s, l.g., gu. 90
do
1st 7s, 1. g., notgu. 75
do
1st ex 1. g. is.
40
Grand River Valley 8b, 1st m..
Indianapolis* St. Louis 1st7s
Houston * Gt. North. 1st Is, g.
International (.Texas) Istg...
60
lnt. H. * G. N. conv. 8s
22
101% Jackson Lans. & Sag. Ss.lst m t90
104
98%
99
02%
118
111
101
120
104
106
41
14
403*
13%
1*96
105
Alton & T. H., 1st mort
do
2d mort.,pref.. 83
do
2d mort. lnc’me
Belleville & S. Ill.R. 1st m. 8s
Tol. Peoria & Warsaw, E. D... 81%
do
do
W. D.. 81%
do Bur. Dlv.
do
do
do 2d mort..
do consol. 7s
do
Tol. & Wabash, 1st m. extend.. 111
do
ex coupon.....
93%
06%
60
'ill
85
85
Kansas Pac. Is, g.,ext. M*N,’99
do Is, g., I’d gr.,J*J,’80
do 7s, g.,
do M*S,’86
do 6s, gold, J.&D., 1896
do 6s, do F.*A.,;895.
do Is, Leaven, br., ’96..
do Incomes, No. ll
do
do
No. 16
do
Stock
Kalamazoo & South H. 8s, gr.f
Kal. Alleghan. * G. R. 8s, gr..
Kansas City & Cameron iOe.*t
Keokuk & Des Moines 1st 7s.
do
funded lnt. 8s
.
pref. stock...
Lake Sup. & Miss, let Is, gold.
40
46
58
76
30
60
70
“l*2
46
35
80
Leav. Law. & Gal. 1st m., 10s.
15
18
Logans. Craw. & S. W. 8s, gld
Michigan Air Line 8s....... *1
Monticello & P. Jervis Is, gld.
Montclair & G. L.tst Is
do 2d m. Vs
Mo. K.& Tex. 1st 7s, g„ 1904-’06
2d m. Income...
do
N. Haven Mtddlet’n & W. 7s.
N. J. Midland 1st 7s, gold......
2d 7s
do
70
15
53
15
.
27
1
end., M. & C. RR
Mobile 58 (coups, on)
do
do
8s
(coups, on)
40
30
70
70
82
6s, funded
Montgomery 8s
Nashville 6s, old
do
6s, new
New Orleans prem. 5s
do
do
do
Norfolk 6s
consol. 6s...
40
,
railroad, 6s..
wharf imp’ts, 7-30
Petersburg 6s
Richmond 6s
Savennah 7s, old.
do
7s, new
Wllm’ton, N.C., 6s, gold) coup
do
8s,gold) on.
Ala. * Chatt. 1st m. 8s, end
Ala. * Chatt. Rec’ver’s Cert’s
Atlantic & Gulf, consol
do
end. Savan’h.
do
stock
do
do
guar...
Carolina Central 1st m. 6s, g...
Central Georgia consol, m. 7s.
lod
73
35
60
85
65
60
*34
35
105
91
05
101
47
47
00
80
do
*50
63
71
88
70
70
67
28
*44
52
18
78
35
2%
95
78
90
21
22
90
5
80
20
56
20
5
29
6
33
98
40
70
stock
Macon * Augusta bonds..
2d endorsed.
do
80
33
70
82
40
98
5
20
65
2J
1C5
Georgia RR. 7s
do
7s. guar.
do
Memphis * Charleston 1st 7s..
2d 7s...
stock..
Rock 1st m.
Memphis & Little
Mississippi Central 1st m 7s...
2d
do
m.
5s
..
Montgomery * West P. 1st 8s.
Eufaula 1st 8s, g., end
Mobile* Ohio sterling 8s.
Mont. *
...
do
do
do
do
'
ex
io“$*
\m
105
104%
90
97
94
67
65
83
75
70
cert. 6s
77%
84
43
55
100
iSSf
32
52
80
90
6%
50
70
40
)
*•»
100
75
• •••
•
103
80
85
61
47
108
!
40
42
90
95
84
03
0
27
90
86
70
20
38
38
26
8s, interest
34
33
34
25
25
45
50
80
*90
stock
do
do
41
72
98
• •••
do
stock
Charlotte Col. & A. 1st M. 7s..
do
do
stock...
100
Cheraw & Darlington 6s ....
70
East Tenn. & Georgia 6s
East Tenn. & Vs. 6s end. Tenn 70
90
E. Tenn. Va. & Ga. 1st m. 7s..
85
stock
do
do
5
2d mort. 8s
N. Orleans & Jacks. 1st m.8s. 101
80
Certificate, 2d mortg. 8s
80
Nashville Chat.* St.L. 7s..
Norfolk & Petersburg 1st m.8s 85
do
do 7s 80
do
2d m. 8s 71
Northeastern, S. C., 1st m. 8s.. 100
do
2d m. 8s.. 83
Orange * Alexandria, lsts, 6s. 78
07
8
85
95
73
*30
40
40
30
10
105
85
82
.
do
70%
2ds,6s..
do
Sds,8s...l
do
4ths,8s..
Rlchm’d * Petersb’g 1st m. 7s. 104
80
Rich. Fre’ksb’g * Poto. 6s...
do
do mort. 7s _98%
72
Rich. & Danv. 1st consol. 6s...
Southwest RR., G& ,conv.7s,’86 92
S. Carolina RR. 1st m. 6s
do
78,1902
do
7s, non mort.
do
stock
20
Savannah & Char. 1st M. 7s...
Charleston & Savan’h 6s, end 20
04
W est Alabama 2d m. 8s, guar..
94
do
lstm. 8s
PAST DUE COUPONS.
Tennessee State coupons....,
South Carolina consol
Virginia coupons
ao
consol, coup
MemDhis City Coupons
*
Price nominal,
t And accrued lnt3reBt
32
31
32
...
*86
6
*85
bonds A & B
do
do
Greenville & Col. 7s, 1st mort.
do
23
93
IS
»•••
103
93
*73
,
,
70
22
1%
•ei*
F. L. bds.
Columbia, S. C., 6s
Columbus, Ga., 7s, bonds
Lynchburg 6s
Macon bonds, 7s
85
94
91
84
64
79
55
60
95
RAILROADS.
22
20
6
42
103
101
+81% *83
Hous.& Texas C. 1st 7s, gold..
do
consol, bds.. 58
Indlanap. & Vlncen. 1st 7s, gr.. 68
Iowa Falls & Sioux C. 1st 7s... +80
Charleston stock 6s
Charleston. S. C., 7s,
Memphis bonds C
101
American Central 8s
j
t
Chic. * S’thwestern 7s, guar.
Chesapeake * 0.2d m., gold 7s
...
110
1(6%
’
..
Chicago * Iowa R. Ss8b.
101%
30
Sat
(Of
.„
105%
....
•
111
114
111
•
LL.
....
....
104
4%
.
.
100
113
109
102
108
'
i06%
IstCaron’tB
..
10
10
52
21
ex coup
Chicago * Alton 1st mort.
Income, 7s.
110%
i04%
2d mort
Col. Chic. & Ind. C., 1st mort
Cumberland Coal A Iron.
Maryland Coal
Pennsylvania Coal
Spring Mountain Coal....
Railroad Bonds.
do
do
do
.......i
Poughkeepsie Water..
Chic. Dub. * Minn. 8s
Peoria * Hannibal R.
103
112
V*
32
25
16
98
95
60
35
13
70*
95
20
..
* Warsaw
8s ...
Sulncy
llnois Grand
Trunk....
12
...
IHIacel’ous Stocks.
...
Dixon Peoria * Han. 8s.
O. O. * Fox R. Valley 8s
do
1%
41%
41%
...
RAILROADS.
100
.....
Indlanap. Bl. & W., 1st mort...
37
*3%
~80
Augusta, Ga., 7s, bonds
.....
.
Bid. Am.
SZCUBITIRS.
82
New Jersey & N. Y. Ts, gold...
Tol. AWabash, lstm.St.L. dlv.
6%
76% 77% N. Y. & Osw. Mid. 1st
do
2d mort
2d 7s, conv.
do
do
eqnip’t bonds,
25
51
do receiv’s ctfs.(labor)
53%
do
con. convert...
20
do
do
111
(other)
Great Western, 1st in., 1888.. 110
13
North. Pac. 1st m. gld. 7 3-10 ..
92% 93
do
ex coupon.,
95
Omaha
*
Southwestern
RR.
74
8s
do
2d mort., ’93. 73%
67
i()swego & Rome 7s, guar ... » 91
Quincy & Toledo, 1st m.. ’90.. 90
Peoria Pekin & J. 1st mort
Illinois & So. Iowa, 1st mort
25
80
85
Peoria A Rock 1.7s, gold
do
ex coupon. ..
15
90
Port Huron & L. M. Ts, g. end.
Han. & Cent. Missouri, (stm
Peklu Llnc’ln & Dec’t’r.lst m
jPullman Palace Oar Co. stock. 09%
do
bds., 88,4th aeries 90
Western Union Tel., 1900,coup 104%
do
do
reg ... 104
jRockf. K.&I. & St. L. 1st 7s. gld 10
!Rondout
Oswego Ts, gola...
Boston & N. Y. Air Line, 1st m
Sioux City & Pacific 6s
Cln. Lafayette & Chic., 1st m..
63
Southern
Minn.
1st mort. 8s...
101%
Long Island RR., let mort. ...
99
do
7s. 1st
St. L. & San F., 2d in., class A.
Sandusky Mans. & Newark 7b. 87
do
do
class B.
St. Louis Vandalla & T. H. 1st. ‘95
do
do
class C.
•
do
74
2d, guai
South Pacific Railroad,1st m 73%
25
St.L. * So’eastern 1st 7s, gold.
South Side, L. I., 1st in. bonds,
56
St. L. & I. Mt. (Ark. Br.) 7s, g
do
sink. fund...
8outh. Cent, of N. Y. Is, guar
01
Union & Logansport 7s
Miscellaneous List.
57
Union Pacific, So. branch, 6s,*
(Brokers' Quotations.)
Walkill Valley 1st Is, gold....
31
West Wisconsin 7s, gold......
CITIES.
80
Wisconsin Cent., 1st, 7s
115
Mercant.
Trust
real
est.
mort.7
+
Albany,N. Y., 6s, long..... ..
Buffalo Water, long ...
t 110 114
t 104
Chicago 6s, long dates
Southern Securities.
do
7s, sewerage
+ 108% 109
(Brokers' Quotations.)
do
7s, water
t 109 109%
do
7s, river improvem’t t 108% 100
STATES.
Cleveland 7s, long
+ 107% 111
Alabama new consols, Class A 39%
112
Detroit Water Works 7s
t 110
do
do
Class B 07%
96
Elizabeth City, 1880-95
t 93
97
96
Georgia 6s, 1878-’86.
do
1885-98
t 03
Carolina
South
new
consol.
6s. 64
106
104
Hartford 6s, various
M.*S. 98
103
!05% Texas 6s, 1892
Indianapolis 7.30s
do
7s, gold, 1892-1910. J.&J. 109%
....+ 97 100
Long Island City
do
114
7s, gold. 1904
J.&J 111%
Newark City 78 long.
t 111
do 6s, gold, 1907
115
J.&J 113
Water is, long...t 113
do
do
105
10s, pension, 1894.. J.&J 103%
i 104
Oswego 7s
..
6s, 1887
6s, real estate...
6s, subscription,
Hudson, 1st m., coup
Dubuque A Sioux City. . 47
do
lstm., reg..
Erie pref
Hudson R. 7s, 2d m., s.f., 1885
Xndlanap. Cln. & Laf
Harlem, 1st mort. 7s, coup...
Joliet & Chicago
do
do
7s, reg....
Long Island
North Missouri, 1st mort
Missouri Kansas & Texas.
Ohio
A
Miss.,
consol,
sink. fd.
U
Few Jersey Southern
do
consolidated....
N. Y. New Haven A Hart. 152>v 155
do
2d do
Ohio A Mississippi, pref
do
1st Spring, dlv..
*91
Pitts. Ft. W. & Ch., guar.. 90
Pacific
Railroads—
do
do
special. 70
Central
Pacific
gold bonds..
96
Rensselaer A Saratoga. .
do San Joaquin branch
Rome A Watertown
do Cal. A Oregon 1st
5
St. Louis Alton A T. H....
do State Aid bonds
17
do
do
pref.
do Land Grant bonds..
Belleville* So. Ill., pref.
Western Pacific bonds.
8t. L. I. M A Southern....
"t% Union
Pacific, 1st mort. b’ds
8t.L. K. C. & North’n.pref
do
Land grants, 7s.
Terre Haute & Ind’polls .
do
Sinking fund...
Toledo Peoria A Warsaw.
Pacific
R.
of
Mo., 1st mort...
125
130
United N. J. R. A C
Cleve. Col. Cln. & I
Cleve. A Pittsburg, guar..
Col. Chic. A I Cent
109%
107*
Cedar F. A Minn., 1st mort..
40
40
86
Chicago A Alton
do
•• •
extended
do
do
*5
District of Columbia 8.65s.
do
•
Dubuque & Sioux City,1st m.
38
31
31
35
Ask.
•
104%
Illinois Central—
6S
Bid.
SfeOTTBITIKS.
7s,l888
7fl, cons., mort., g’d bds..
ib*8% 100%
Long: Dock bonds .. ..
101
Buff. N. Y. & E, 1st. m., 1877.
101
do
do
large bds.
10e%
do
do
new bds, 1916
90
Carthage * Bur. 8s
Han. & St. Jo., 8s, conv. mort.
111
South Carolina—
Prices represent the per
•
107
YORK.
cent value t whatever the par may bt
NEW
IN
BONDS
•
108%
105%
101
do
endorsed
2d mort.,7s, 1879....
Sd
do
7s, 1883....
4th
5th
60%
1st cons, guar
Erie, 1st mort.,
1053*
Ohio 6s, 1881
do 6s, 1886
Rhode Island 6s
97
98
00
106
107
Rens. A Saratoga, lBt coup,
do
1st reajlst’d
1
1
1
Class 2
Class 3
do
20
do
do
114%
03%
00%
mi
consol..
do
do
67%
00
lstm., C. A M..
do
”7
Special tax, Class 1
do
1st
1st
1st
1st
96
107
Albany A Susq. 1st bonds...
05
65
48
48
8
8
Few bonds, J. A J
do
A. A O
do
do
31
do
1st 7s £
ao
Forth Carolina—
6s, old. J. A J
do
30%
42%
"Oh
.
N.C. RR
72
con. conv...
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
'
do
iio
71
65
Chic. & N. Western sink. fund.
lnt. bonds,
do
do
do
consol, bds
do
*52
ext’n bds..
do
do
52
1st mort
do
do
52
do
do
cp.gld.bds.
do
do
reg. do
*50
Iowa Midland, 1st mort. 8s.
50
Galena A Chicago Extended.
Peninsula 1st mort.,conv...
Chic. & Milwaukee, 1st mort
101
Winona & St. Peters, 1st m...
105
2d mort.
do
no
10(1
C. C. C. & Ind’s 1st m. 7s, S. F..
do
consol,
m.
bonds
101
100
Del. Lack. & Westerned m...
do
do
7s, conv.
106% 106%
Morris & Essex, 1st. m
105%
do
2d mort
10o%
do
bonds, 1900....
106
do
construction,
do
7s, of 1871 ...
do
1st con. guar.
Del. & Hudson Canal, lstm.,’77
do
do
1884
Asylum or un.,due 1892.
Han. A St. Jos., due 1886.
do
do 1887.
Few York State68, Canal Loan, 1877
6s,
do
1878
6s, gold, r eg....1887
6s, do coup.. 1887
do loan...1883
119
do ..1891
do
119
do
1892
do
119
do ..1893
do
S:
SI:
109*
Lehigh & Wilkes B.con.guar
Am. Dock & Improve, bonds
Ch. Mil. & St. P. .st m. 8s, P.D.
2d m. 7 310, do
do
do
1st 7s, gd., K.D
do
do
7s, Ark. Cent. KR...
no
Connecticut 6s
do
do
do
do
4
4
4
7S.L.R.P.B.&N.O
7s, Miss. O. A R. R.
Georgia 6s
do
7s, new bonds....
do
6s, 1917, reglat’d
Central of N. J., 1st in., new.
do
do
1st consol...
2%
20
20
20
8s of 1892
8s of 1898.
JLrW*r*as 6s, funded
do 7s, L. R. & Ft. S. Ibb
do 73 Memphis & L.R.
do
do
do
114
Chic. Bur. A Q. 8 p. c., 1st m... Ill
109%
do
ao
consol, m. 7s 109
90%
do
5s sink’g f’d. A.&O
39
39
8s,M.& E.RR..
8s, Ala. & Ch.K.
do
do
do
•lo
Ask.
Bid.
szoubiTiks.
Vol XXV.
•
Price nominal
.,
...
..
40
60
30
80
30
75
)•••
85
85
73
55
40
74
97
91
43
30
2*5
25
96
80
48
75
8235-
209
THE CHRONICLE.
1,1877.]
September
NEW YORK LOCAL SECURITIES.
CD
*-
fr¬
Marked thus (*)
ee
Amount
CL
America*..... ...
American Exch ..
Bowery----
.....
Brewers’ & Gro’a
Broadway
Ball’s Head*
Batchers & Drov..
Central
25
100
JJhemical
!
500.001
Import. A Traders’
Irving
gather
Manuf....
Bland
City*
Manhattan*
Mannl. A Merch*..
Marine
Market
Mechanics
Mech. Bkg Asso...
Mechanics A Trad.
Mercantile
.Merchants
Merchants’ Ex
Metropolis*
Metropolitan
Murray Hill*
Nassau*
New York.
New York Connty
N.Y. Nat. Exch...
Ninth
North America*...
North River*
Oriental*
Pacific*
'..
Park
Peoples*
Phenlx
Produce*
.
Republic
St. Nicholas
Seventh Ward...
Secend
Shoe and Leather.
Sixth
State of N.Y
Tenth
Third
Tradesmen’s
Onion
West Side*
.
Period 1875
Q-—-j.
521.700
3,750,000
920.600
1
600,000
500,00C
000.001
698,900
1
*’200,000
200,000
200,000
ICO.OOO
100
Germania*
25
Greenwich*-.
Grand Central*.... 25
Harlem*
cS
CO as
f 1876
Bid. Ask.
Last Paid.
9
7
12
Jnly2,17„..l 131k
May 1,*77.. 3 LL7
108k
July 2,17.. 6
sF
490, 00
86.200
87.900
48.900
13,000
8,200
C0.S00
nojoo
12.900
l1,849 700
8
10
8
J. A J.
M.AN.
A.A O.
F.A A.
•
J illy 2, ’77. .9
Amity
Sept.l ’75. .5
•
io” July 2, ’77...4
8
10
100
8
20
July 2,
July 2,
July 2,
July 2.
•
♦
•
•
•
Arctic
Atlantic
•
Bowery
*77...4 ICO
’77...4
*77 .15
’77...3
May 1, ’77...5
7
*
-
•
Brewers’ A M’lst’rt
....
Broadway
Brooklyn
....
05
...
Citizens’.
200
City
July 16,’77..8 1235k 1*27
"a”
Clinton
Columbia
....
fff t
Jan. 6.16...3
•
10
Aug. 1.17...5
4k July 10.16..2
July
2, *77.. .3
]k
6
Ju.y;i,16 ..3
10
Apr.2.*77.2k
•
.
80
....
•
•
•
•
•
•
•
Wk
....
....
May.
May.
12~ July 1.'77...3
•
•
•
•
•••
8
M.AN. 100
....
::::
7k July 2, *77...3 97k
10
May 1.17...5 145
7k Apr.10,’77.8k 4-x *20
Feb. 1,’74...8 59
6
May 11,17..6
7
May 2,17...6
....
jVa J. IT'
40
suo.ooo
4
J. A J.
100 i 000,000
4
M.AS.
’100,000
100
J. A J. 14
100 t 500,000
’500.000 185 200 J. A J. 10
30
100 ,(n 0
18.800
50
100
600,000 436.400 J. A j. ia”
10
F.A A
1
50 2 050.0OO 1,191,400
7
11.80C J. A J.
190.000
60
103
400,000
68,000 J. A J. 10
9
IOC 1.000.00C
401.100 J. A J.
25 2.000,000 11 0 74,500 J. A J. 10
6
84,000 M.AN.
50
500,000
25
600,000 823 '.00 M.AN. 10
8
234.700 M.AN.
100 1.000,000
8
916.600 J. A J.
50' 8.000,0C0
8
238,'.00 J. A J.
50 1.000,000
7k
35.700 J. A J.
100
500,000
991,00i J. A J. 10
100 3.000,000
8
A.A
O.
7,101
100
2!J0,OO(
8
51.200 M.AN.
100 1.000,000
100 3.000,000 759.000 J. A J. 10
114
97.500 J.A J.
100
200,000
78 500
7k
100
300,000
4
118,50.1 J. A J.
100 1.500.00U
8
33.900 J. A J.
100 1.000,000
86.700 J. A J.
50
400,000
12
25
800,000 173.400 J. A J.
12
422.700 227,800 Q—F.
50
472.100 J. A J. 12
100 2.000,000
25
412.500 169,eOO J. A J. 10
7
196.100 J. A J.
20 1,000,000
100
15.200
250,000
4
100 1.500,000 2 -9 800 F.A A.
8
150.200 F.A A.
100 1.000.000
6
51 000 J. A J.
100
800,000
73.500 J. A J. 14
100
300,000
2:6 400 J.A J. 12
100 1.000,000
8
39.000 J. A J.
!00
200.000
100
800,000 183.100 M.A.N.
13,800 J. A J.
100
500,000
8
178.600 J. A J.
100 1,000,000
445.100 J. A J. 10
40 1.000,00
10
749.100 M.AN.
50 1,500,000
8
100
85.400 J. A J.
200.000
May 1,17..4
7"
Jan. *2.11...8
3
July 2,17.3k
^
MCu.l, 15..4
*
14
10
•
•
•
July 2,17... 7
July 2,17...4
July 2. ’77.3k
July 2, ’77...6
Aug.I0,17..4
July 1,15..3k
Jan. 8.16...5
July 2,17.3k
July 2, ’77...4
May 1. ’77.2 k
May 1.17 ..4
May 1, 17..8
July 2. *77 3 >
July 2.*77...3
•
12
9
....
5
8
10
3
9
S
8
8
....
....
....
....
•
•
•
•
....
200
Guaranty
1
Guardian
1
....
....
• • • •
....
....
...
Home
J
....
Hope
1Howard
>00
S3
I
....
104*'
..
132
...
iImporters’* Trad..
...
..
1Irving....
.
J
Jefferson
....
Kings Co. (B’klyn)
t
....
I
Knickerbocker
90
115
Lafayette
(B’klyn)
I
ILamar..
116
....
89
•
Lenox
t
••••
Long
Island(Bkly.)
J
132
....
Lorillard
1
....
Manuf A
99
«k May 10,17 ..8
110
July2 ’77.3k
Jan. 1,17...4
3k Aug. 1,17.. 4
80
6
Jan.2.17.. 3
7
July 5.17 ..3
July 1, ’74.8k
12
July 2.17... 5
12
Aug 1. *77...8
10
July 2,17.. .3 104k 106”
10
July 2,17...5
July 2,17...8 took El*
7
July.lS14.3k
9i
Aug.6,’77 .X
8
Aug.13.172k
10
4
JMech.ATrad’rs’....
•
•
.
*
sMechanlcs’(Bklyn)
-
....
•
....
■
T
]
Jan. 2,’77...3
6
12
11
8
•
•
•
•
•
July 2. ’77.. .5
July 2,17...5 118 120
July 2, ’77...8
MaylO.’HSk li§” 125
•
Jan.214.2k?
8*
July 2/77...
• •
...
I
July 2.17...4
May 1,17 ..4 187k
10
....
9
S
Jnly 2. 17..4
.
••••
...
Par Amount. Period
~25
2,000,000
20 1.200,000
Brooklyn Gas Light Co
Citizens’Gas Co (Bklyn)
1000
S20.0C0
Harlem
50
Jersey City A Hoboken.........
20
50
IU0
10
10CC
1,850,000
386,000
4,000,000
2,500,000
1,000,000
500,000
5,000,(00
1.000,000
1,000.000
700,000
4,000,000
1,000,000
325,000
var
300,000
50
50
466,000
1,000,000
1000,000
1,000J)0(‘
oertlflcates.....
do
Manhattan
100
Metropolitan
do
var
certificates
1000
bonJs
do
100
Mutual, N. Y
1000
do
bonds.
Nassau, Brooklyn
do
scrip
New York
25
var
People’s (Brooklyn)
bond"
do
do
certificates...
do
Central of New York
do
Williamsburg
scrip
Metropolitan. Brooklyn
var
do
1(0
Var.
Var.
A. AO.
F.A A.
J. A J.
J. A J.
M.AS
M.AS
J. A J.
Quar.
j :a j.
Var.
M.AN.
M. AN.
J. A J.
F.A A.
J.’&J.
F.A A.
Bleecker 8t.dk EuUonFerry—stk.
1st mortgage
Broadway <€Seventh Ave—stk..
1st morfgftff*
fxtl/—stock.Ill mnrtgsga
1000
100
1000
10
1000
Broadway (Brooklyn)—stock...
Brooklyn dk Hunter's Pt—stock.
Bushwick Av. (.Pklyn)—Btock..
Ventral Pk, N. <& E. River—elk.
Consolidated mortgage bonus.
Dry Dock, E. B. dk Battery—stk.
100
100
1000
100
1U0
1000
100
900,000
694,000 J. A J.
2400,000 J. A J.
1,500,000 J. AD.
2X00^00 Q—F.
800,000 M.AN.
200,000 Q—J-
3k April, *77.
3)4 Aug.1,17.
5
July 1, ’77
5
July, *77
5
Feb., *77.
3k Feb.. *77.
3W
••••a*
400X00 A. A O.
800,000 J. A J.
500,(W
1X00,000
1,200.000 J. AD.
1,200,000 Q-F.
Twenty-third Street—stoex
1st morte’Asrp
* This
250,COO
500,000 J. A J.
1,199,500 Q.-F.
2-K>,000 J.AD.
150,000 A.A O.
770,000 M.AN.
200,000 A.AO.
750,000 M.AN.
415,000 J. A J.
2,000,000 Q—F.
2 000,000 J. A J.
600,000 J A J.
250.000
S
3
7
M.AN.
July, 1900
Apl *77
Oct., *76
1888
100
165
138k
10U
103
103
97
106
E0
100
129
40
93
85
95
121
102
100
•
7
2
6
7
5
7
’77
Dec ,1902
Feb.,
June,
Jan ,
Jan.,
’77
*93
’77
*84
*77
April, ’93
May.
7~ NovV,i904
7
7
7
7
5
7
5
7
4
7
if f
f
,
of maturity
229.251
+339,009
192,160
172,154
12,207
13,376
160.326
+735,2&C
510,165
114,008
6,078
133,145
155,156
103.464
16,658
96,000 10
1.846
2UC.0C0
150,000
500,000
200X00
8,COO,000
150,000
500,000
200.000
200,000
200,010
150,000
280,000
150,000
200,000
150,000
200,000
300,000
5d
50
50
50
is
1,002.784
40,293
188,366
109,413
61,099
+117,568
204,836
65,593
159.503 10
132,772
73.175
+157,018
830,000
200,000
200,000
150,000
150,000
1.000,000
200,000
200,000
800,000
200,000
200,000
200,000
200X00
200.000
200,000
200,000
200,000
200,000
150X00
250,000
300,000
250,000
-
no
815.907
182,034
65,715
194.IK2
125.411
229.503 20
128,169
841,235
200,544
20
none
,
20
10
10
10
10
12
12
13
10
20
20
20
10
10
16
20
,
120
July,17.7k
Juiy,17.X
July, ’77. .5
Floating debt stock
do
do
......
92k
......
Consolidated bonds
.....
Jan.. 17..5
July. 17..5
.....
83.587
,10
9* 11
93.981
219,433
150.550
59.560
16=1,259
154.336
77.457
158,263
192,769
251,587
201.454
406.550
5
.10
13
|14
ue
105
95
110
140
KO
95
102
150
85
ISO
•••••»
130
95
140
140
170
192k
160
98
150
130
93
170
140
•
10
10
10
11
20
.I*n
•
•
"
•
•
125
195
•
•
•
#
•
90
108
•
*••••»
130
240
•
•
•
•
•
•
195
•
•
160
’TJ RU
July,
July,
July,
July,
10
10
10
18
25
•
1!5
180
135
•
Ql/
.
no
92
160
130
105
155
....
July, 17. .6
07*
.
....
170
A 1., 17. .6
July, '77.1C 200
July. ’77.10 125
July,17.10 180
July, '77..8
July, *77.19 150
17. 5
17..5
78 .5
17. .5
•
•
•
95
.
90
.
,
60
••».
!!&
13*
165
Aug., 77.10
110
_■
do
do
do
1890
do
do
do
do
do
do
do
do
do
do
•MSS
«V
Broker.
do
do
do
do
do
do
47 Montgomery
January A July.
January A Juiy.
1380
1924
do
do
Jan., May, July A Nov.
J. A J. and J AD.
January and Jnly.
102
1C4
105
106
118
107
101k
102*
104)4
1(9
106
«ll St. |
1907-1915
St
Askd
1(2
100
US
1U3
113
112
106
100
100
118
106
118
1880-83
Brooklyn bonds flat
Bid.
1889
1879-90
1901
1888
1878-80
1881-95
1915-24
1903
1915
1902-1905
1881-95
July,
Prick
104
105
110
1896
1894
ao
do
January a July,
do
do
do
,
1894-97
1879-82
May A November.
1868-69.
1901
1905
1878
do
do
do
January A
...
Improvement bonds........
1883-90
1884-1911
1884-1900
1907-11
1877-98
1877-95
do
January A July,
do
do
•f
....
Sewerage bonds..... .1866-69.
Assessment bonds... 1870-71.
.
1877-80
1877-79
Ang.A Nov.
do
do
do
do
do
N. f. Brkrs, Jr.,
;i^-
-
Bonds due.
Feb.,May, Ang.A Nov.
May A November,
Jersey City—
,
40 Wall Street.]
1860.
bonds
Bergen bonds
90
10
29
20
20
1(3
•
,10
do
do
[Quotations by (J. ZABRibKiK.
...
95
•
•
.
••••••
12
May A November.
Feb.,May Aug.&Nov.
....1869.
var.
.........
Wtetjo^long..
,
M.M
110
do
do
do
do
Bridge
•Alt
127
,
.
12k 15k July, 17..8 120
ioc
85
Amr., 17. .5
10
10
11 6 t
July,117,6*28 120
139
i‘2k 15 July.’7T,7k
100
10
10
Aug.,17..5
160
20
20
July, 17. S 149
165
‘20 129
July, 17. 8 155
lfO
16
16
July, 17 B
U5
10
10
Aug., 17.5
?oo
20
20
July. 17.10 185
+ lh-i surplus
10
6
Feb., May
Park bonds
.....
147k
120
.
80
30
20
May A November.
City bonds..Kings Co. bonds
do
75
115
180
800
65
96
155
r
10
Months Payable.
City bonds
Bridge bonds
Water loan.
,
July,17.. 10
July, 17. 5
Tuly, 17..5
July, 17. .5
July, 17..5
July/17... 6
July, 17. .6
July, ’77. .5
Men. ,17.. 5
July. 17.10
July. 17..5
Ju y, *77.11
July, ’77..5
Ju y, ’77. .5
Ju y, ’77.10
July,’77..5
July, 17. .6
July, 17.10
July, 17.10
July, 17.10
July, 17. .5
July, ’77.10
June,’77..8
July, *77.10
J"'y, ’77..6
July, *77.10
Aug .17. 7
1870.
[Quotations by
..
135
120
75
118
deductL!and thefigureeitendae actual net surplus.
Street imp. stock!
var.
do
do
var.
New Consolidated
Westchester County...
do
Park bonds
Water loan
120
125
no
65
no
13
30
20
20
0
+ 70.106
3,270
Brooklyn—Local Impr’em’t......
225
125
*«
July, *77.15 170
July. *77..10 125
July, *77.10 275
10
20
13,291
1865-68.
Improvement stock.... 1869
*
its
iio
July, *77..5
10
12
12
10
10
20
10
20
lO
10
20
•0
11
14
30
20
10
‘20
20
25
16
20
20
15
869.846
75
-
......
122,215
1975.
do
190
-
-
-
»
Jan.. 17 .3
Aug , *77, 5
10
10
20
20
12
20
20
T
140
io” io” July! 17”$
22.630
500,S91
132,714
410.076
139.085
219.830
..1853-65.
Market stock
105
July, 17..6
10
%
70
Standard, 11*55.
Dock bonds
•
...
12
10
14
30
10
10
20
293,659
•
Apr., 17.10
July,*77 .7
io
....
210
190
July,77.6*3j
10
110.327
185.465
500,000
100
190
July.*77.1C 201
July,’77.. 10 175
Aug’77.7-14 135
July. 17.. 8
July, 17. .5 69
Jan., *77..5
July, 17.10
t
55
75
60
no
217
30
14
10
20
15
15
10
10
30
20
40
158
AUg..17.10
30
14
10
15
10
10
13
105,686
250,000
200,000
150,000
200,000
200,000
200,000
200,000
200,000
210,000
200X00
200,000
200,000
m
ICO
100
io” io * Aug.’, 16. .5
none
200.000
July. ’77..8
20
20
10
10
19
10
12
80
70
July, ’7?..5
Jan., 17. .4
Jan., *:*,..5
July 17. .5
Jnne.17.10
Feb. ,17..5
25
Askd
Bid.
July, ’77 .5
July, *77 .7
20
20
10 '
10
20
9*80
12k
651,837
691,300
135,042
317,639
11,484
57,663
142,297
509,994
pipes and mains...
reservoir bonds
Central Paik bonds. .1853-57.
......
Jaly.1894 82
April, *77 72
Dec., ’77 100
April, *o5 96
May, ’89 95
Uct., ’83
May, *77
July,1890 105*'
May, ’77 165
July,1890 100
Feb
*77 90
May. ’93 too
806,910
do
1o
40
82 k
100
155
100
115
105
50
99
12
28,806
N^ilf York:
W ater stock
1841-63.
do
....1854-57.
Croton water stock. .1845-51.
do
do
..1852-60.
Croton Aqued’ct stock. 1865.
75
90
108,863
411,956
Rate.
12
90
160
77.195
5,-245
10,451
10
10
25
14
15
15
10
10
8
8
10
10
10 .3 0
30
•20
5
iO
20
‘20
30
20
23
20
City 8ecnrltle».
[Qnotatlons by Danirl A. Moran. Broker,
do
«•
50,1(6
t260,323
200,000
200.000
200,000
300,000
200.000
200,000
153,000
800,000
210,000
250,000
300,000
200,000
200,000
1,000,000
300,000
200,000
200,000
200,010
200,000
204,000
150,000
150,000
3*'}8
40,350
1875 1876 Last Paid.
lNTKRRST.
70
3
S5
50
50
100
25
50
50
100
30
20
40
50
100
25
50
25
100
100
25
50.
scrip
132k
1878 1874
|
200,000
1,000,000
50
500,000
50
200,000
25
200,000
100
200,000
100
200,000
represented by
t Continental, 11*45;
‘<05
62k
Jan.,’
column shows aat dividend on stocks but the data
95
155
200
73
3k Jan , *77
7
June,1884 100
sk May, *77
7
Nov., ’o0 104
7
2
100
1000
100
1000
100
10 0
75
93
...
*
1st mortgage
Second Avenue—stock
1st mortgage
Sd mortgage
Cons. Convertible
...
Extension
Sixth Avenue- stock
1st mortgage
Third Aee.nue—stock
1st mortgage
United States
Westchester
160
80
100
150
• ••
7
1000
1000
1000
500 Ac
*77
Jan..
7
Sterling
Stuyvesant
Tradesmen’s...
July 2, *77
5
4
900.000 J. AD
500 Ac
100
1,000X00 J.A J.
Eighth Avenue—stock
1000
203,000 J. A J.
100
748,000 M.AN.
12d8t.dk (fraud St terry-stock
1000
236,000 A. AO.
1st mortwiffft
too
600,000
Central Cross lown~ stock.
i st1000
200X00 M.AN.
mortpw?A 100
500
100
*
145 Broadway.]
lit mftrtFftffp. fiORH’d...
Houston, West st.dkPav.F'y—eXt.
Star
Bid. Askd
Date.
10
10
100
LOO
100
25
50
100
100
25
25
25
10
50
Standard
2)4 Apr., ’77. 95
3Xg Aug., *o2. 103
73
3
Jan., *77.
95
3)4 May 1,*77
5
May I ,*77. 125
3* Jan., 76
95
3k
<5
5k Jan., *77.
3k Aug. 1,'77.
s]k
Quar.
2k July, *77. 115
99
J. A J. 3k Jan., *<7.
65
M.AN. 1 2k May 20.17
[Quotations by H. L. Grant, Broker,
I0U
80 Broad Street.]
Rate.
50
100
40
100
100
SC
50
17
100
St. Nicholas
Gas Companixb.
100
400.000
Prior.
PLUS,
200,000
...
Safeguard
[Gas Quotations by George H. Prentiss, Broker,
50
100
100
20
50
25
100
25
17
20
70
100
30
j
....
•
200,000
200,000
...
#
....
.
25
100
Nassau (B’klyn)...
National
37k
N.
1 Y. Equitable.... 35
100
1New York Fire
too
N. Y. A Boston
New York City.... 100'
I
50
Niagara
25
North River
25
Pacific
100
Park
20
Peter Cooper.
...
50
People’s
50
Phenlx (B’klyn) ..
Produce Exchange 100
50
Relief
100
Republic
100
Resolute
100
Ridgewood
25
Rutgers’
....
.
Amount.
Mercantile
1
IMerchants’
Montauk
1
(B’klyn).
••
....
.
Builders*.
Manhattan
....
Par
15
Hamilton
]
Hanover
*
Hoffman
^
....
...
3k Jan. 3,16.3k
10
July 2,17...5 129 ‘
Oct. 1»*75. .4
S5”
....
.
j
104
100
Eagle
Empire City
Emporium
Exchange
Farragnt
Firemen’s
Firemen’s Fund....
Firemen’s
Trust...
1
Franklin
i
Gebhard
iGerman-American
i
Germania
Globe
(
Greenwich
<
...
3
commerce Fire....
Commercial
Continental
.......
....
....
•
,
..
.
•
•
2Ktna.
American
American Exch’e.,
DIVIDENDS.
j
Capital,
Companies.
“
Fulton
50
Gallatin
Ger. American*.. 100
Ger. Exchange*... 100
Hanover
Prior.
Dividends.
.....
100
30
Grocers*
—1
3,000.000 1.8: mooj J. A J. 10
8
5.000,000 1,502.600j M.AN.
12
j J. A J.
250 000
150,0(0
ja j; 24~
1,000,000
VI. A S. 10
200,000
i.AJ. 10
500,000
8
J. A J.
2,000,00C
450,000 ai4.T0( J.A J. 10
Bl-m’ly 100
300,000 J
9
•TAJ.
600,000
20
1,000,000 11,511,000
8
5,000.000 j3,270.200 jTa J.
100,000
9,700 J. A J.
1,250,000 189.800 J. A J.
1,000 000 653.4UC F. AA. 10
3
1,000,000
34,10. J. A J.
8
79.C00 J. A J.
350,000
7
19,60.1 J. A J.
200,000
7k
63,000 Q—J.
150,000
121.500
100,000
UK)
100
100
100
25
10
25
Chatham
100
25
Jltizens’
100
City
...
100
Commerce
.
100
Commercial*
i00
Continental
Corn Exchange*.. 100
100
Dry Goods*
25
Bast River
Eleventh Ward*.. 25
100
Fifth.
Fifth Avenue*.... 100
100
^urth
qq
» V 0Q
Capital.
Companies.
List.
Insurance Stock
Bank Stock LUt.
102
104
118)4
118
117
106)$
14)4
110
103
137
107
Jersey City.]
1895
1899-1908
1877-79
1891
1905
1900
101)4
102)4
no
!10
109
no
105
111
ill
110
111
106
THE CHRONICLE
210
The total number of passengers
Last year it was
InoestmenfB
CORPORATION FINANCES.
Supplement” is published on the last Saturday
all regular subscribers of the
the Supplement are sold at the
sufficient number is printed to supply regular
The “ Investors'
as
only
a
Showing a gain of 51 85-100 per cent, or
REPORTS.
Texas & Pacific Railway.
(For the fiscal year ending May 31, 1877).
operation at the ..close of the
follows :
*
86
3694
Showing the number of miles constructed
had of main track
during the year to have
been.*...
Diego land donationt....
Due from agents
Accounts receivable current
Mater al on band
.
480 80
333
INCOME ACCOUNT.
Credits.
$338,523
.
12,342
$1,564,624
.....
4,581
$2,043,453
2,013,453
1875-76.
1876-77.
$305,780
$435,790
306,437
425,047
134,697
50,474
221,993
I,352,445
Workicg expenses for the year..,
$l,029,53o
Balance to credit of income
Against which there are charged:
117,962
bonds
Tbs gross earnings of the Trans-continental division for the
year were $315,920, and on the Jefferson and Southern divisions
were $1,727,432.
-Increase of revenue from local passengers was 36 9-10 per cent;
from through passengers it was 25 8-10 per cent.
The decrease
ia the rate of fare per passenger per mile, as compared with last
they
year, is equal to 4 1-10 per cent.
Increase of revenue from local
freight was equal to 31 8-10 per
cent; from through freight, 23 4-10 per eent. The decrease in
rate per ton per mile, compared with last year, was as follows :
Per cent.
.
16 7-10
12 2-10
14 5 10
The percentage of working expenses was 66 18-100 per cent of
«.lie receipts, against 57 per cent last year, showing an increase of
S 75-100 per cent.
This largely increased percentage of working
and consequent decrease of net revenue, was occasioned
by the hurried manner in which our new road was con¬
structed, in order to comply with the requirements of Texas
legislation, and the unusually heavy rains that immediately fol¬
lowed the turning over of these new sections of road to the
operating department.
*
This
15,570
318,985
11,475
249,348
541,186
275,743
Texas lands, most of
property outside of its 444
expenditure is for account of 4,816.546 acres of
it within the company’s reservation, and which
asset in estimating the value of the company’s
miles of railway.
t This expenditure is represented by about 8.COO
by the city of San Diego.
will form a very valuable
acres of
land in San Diego,
bonds.
Under the adjustment contract referred to in a previous report,
out of $9,130,550 of indebtedness of the California and Texas
Railway Construction Company,
there had been satisfied on the
July, 1877, $8,474*911, and the officers of that company feel
confident of being able to provide for the remainder of its indebt¬
edness during the current year.
This readjustment and liquidation of so large an amount of
indebtedness has been secured by the sale of the company’s stock
and bonds on terms very favorable to the company, the $3,216,000
2d of
bonds having netted the company $2,859,400,
ot 87^ per cent on their face value, and $7,443,000
of its consolidated mortgage bonds have netted the company
$5,962,000, or an average of 80 1-10 per cent on their par value,
or an
average
these
figures being free of all
in your
C3Htc
in part
80,521
commissions paid.
from the State of Texas, your company has
by the construction of 404 1375-5280 miles of its
road, and from other sources, to 4,816,545 39 100 acres of land,
which amount will probably be increased by 211£ sectians, 135,360 acres of land, title to which it is believed will ultimately vest
Surplus
$318,985
In comparison with the year previous, this table shows an
increase in gross earnings of $478,828, or 30 6-10 per cent.
In working expenses there was an increase of $460,563.
In net earnings there was an increase of $18,264, or 2 7 10 per
Average
presentation
245,805— 7,339,805
192,970
Under grants
become entitled,
8,685
taxes
freight
Through freight
new income
LAND DEPARTMENT.
premium on gold and exchange
Local
funded in
$7,53 3,fOi)
3,5*2 000
7,548,000
$27,609,001
$9,392
'.
floating debt
to be
State of Texas school fund loan
Bond scrip, fractional, redeemable in bonds on
Interest scrip
v.
Income account (surplus)
Town lot sales
,*
Amount received from assets of the company
Accounts payable, current balances
Bills payable
of its first mortgage
$1,352,445
Total
on
Coupons old land bonds
and laud grant bonds
$7,483,400
mile, bonds
$935,257 in June, 1875, and the company has in hand, applicable
to this debt, $394,000 of its first and consolidated mortgage
31,035
13,801
87.493
consolidated bonds
*
6 per cent gold. $8,000 per
Consolidated mortgage 6 per cent gold bonds
Income and land grant 7 per cent currency bonds
The balance ot floating indebtedness June 1st, 1877, deducting
the credit balances and cash in treasury, was $703,264, against
conducting transportation....
first mortgage
First morrgage
$524,193
Debits.
on
Capital stock
1,449.958
19,849
$2,381,976
on
$27.609,014
1,113,043
Total
For legal expenses
For general office expenses
23,412
donated to the company
Transportation receipts for the year
motive power
maintenance of way
maintenance of c trs
general expenses
105,000
12,982
3,061
1376-77.
..
....
0,372
1875-76.
8,543
2,693
Total
l:
275.600
269,000
110*86
road having been completed within the
time required by the laws of the State of Texas ; and they have
aince been examined by commissioners appointed by the Gover¬
nor of the State, Lave been reported upon favorably, and formally
accepted by the Executive of the State, thereby entitling the com¬
pany to twenty sections of land, of 640 acres each, for every mile
of road so constructed, subject to location within its reservation
at any time previous to the year 1880.
The average number of miles of road operated during the
twelve months was 414*75, against an average of 325 miles for the
previous year, being an increase of ninety miles.
At the close of the fiscal year the following was the showing of
....
33.700
51,0.8
balauccs
First mortgage $8,000 per mile bonds in treasury
Consolidated mortgage bonds in treasury
Bills receivable
Due from post office department
Cash in treasury
.
11, 1876, both sections of
By passenger receipts
By freight receipts
By express receipts
By mail receipts
By telegraph receipts
By miscellaneous receipts
415
11,656
Property account (stock and bonds)
Off this newly-constructed road, twenty-six miles between Eagle
Ford and Fort Worth were opened July 19, 1876, and eighty-five
miles between Texarkana Junction and Paris were opened August
By balance. May 31, 1876
233,430
San
a 43
Tctfcl main track and sidings
At theccQTsencemeutof the fiscal year the company
in operation but
$26,374,263
Construction account
Land department expenditures*
Real estate
219 09
155 12
69 05
Total main track
Sidetracks
expenses,
41,937 “
,Tlie following condensed balance sheet from the general ledger,
May 31st, 1877, will show the financial condition of your com¬
pany on that date :
CONDENSED BALANCE SHEET—GENERAL LEDGER, MAY 31, 1877.
Miles.
The main line from Shreveport to Fort Worth
Trans-continental Branch, Texarkana to Sherman
Jefferson Branch, Marshall to Texarkana Junction
interest
interest
interest
15,363,122
230,133 bales.
188,196 “
;
Showing an increase of 22 28-100 per cent, or
The number of miles of road in
For
For
For
For
For
28,006,762
FINANCIAL CONDITION.
ANNUAL
To
To
To
To
To
3,776,476
43,369,884
The cotton shipments were
Last year they were
oubscribers.
year was as
13,885 499
10,110,024
The number of tons of
Last year it was
of each month, and furnished to
Chronicle. No single copies of
office,
carried one mile was
Showing a gain of 37 35-100 per cent, or
freight hauled one mile was
AND
STATE. CITY AND
[VOL. XXV.
company
without additional cost, thus making the
total
quantity of land owned by the company 4,951,905 39-100 acres.
Of these lands, 3,148,756 39-100 acres have been already located,
leaving 1,667,789 acres still to be located, your company having a
preference of location within its reservation until 1880.
Your company has acquired title to all the agricultural and
timber lands within its reservation east of the Pecos River, so
that these 1,667,789 acres will probably be located between the
Pecos River and the Rio Giande.
The greater portion of the company's lands lies west of the 100th
meridian, there being but 341,374 acres east from that point, and
only 36,667 acres along the line of its completed road east of Parker
County, belonging to the company.
It is probable that, until our line is extended, no considerable
pales of lands can be made, except in exchange for land-grant
bonds, for the reason that in many of the organized counties
there are school, asylum, university, and other lands belonging
to the State or to counties, in the market at $1 50 per acre on ten
years’ time, prices and terms with which your company do not
propose to compete. So soon as the better portion of such lands
are occupied, as they soon will be by actual settlers, your lands
can be brought into market, and will undoubtedly bring much
better prices.
As many exaggerated statements have been made as to the
quantity of land within the company’s reservation in Texas, it
seems proper to state what the records of the Texas land office
show to have been the acreage of public domain that was subject
to location within the reservation at the date of the grant.
As near as can be ascertained, there were but 15.482,160 acres
of vacant land within the limits of the reservation granted to this
September
THE CHKuNICLR
1,1877.]
by the act of Mry 2d, 1873, of which one-half were set
apart for the school fund, leaving 7,741,080 acres that it was pos¬
sible for the company to acquire.
A survey has been made of all lands within the reservation
east of tbe Pecos river, and 2,798,360 acres have been located by
your company, and 1,539,840 acres ejected ; and this exhausts
all the lands held as a part of the public domain, east of the Pecos
company
river.
West of the Pecos, there remain
G,805,760 acres of unsurveyed
public domain, of which the company can acquire 3,402,880 acres;
but from the best information that can be obtained, only a portion
of this acreage is valuable for agricultural purposes or for timber
—not more than enough to absorb the 2,600 certificates that our
company has to locate within the limits of the reservation.
—[In regard to the land grant of this company we take the
following from a recent issue of the Austin (Texas) State Gazette•
—Ed. Chronicle.]
“The Texas & Pacific Company have, within the last few days,
their immense land reservation, from a failure
construct their road from Fort
Worth to Weatherford
forfeited
to
in
The Attorney-General
the District Court o::
pursuance of the terms of their charter.
will, at a proper time, institute a suit in
for vacating tbe land reservation to that company.
of the agitation of the subject of granting the
company an extension of time at the last session of the Legis¬
lature, an act was passed providing that in the event the company
did forfeit the reservation, the lands should be held for the
location of the 3,000,OGO acres of land designated in the Consti¬
tution for building a new capitol in Austin and for other purposes.
It follows that on a decree making a forfeiture, these lands are
not subject to location and entry as other lands of the State.
There is a grave question underlying this subject as to the
power of the Legislature to heal the forfeiture of the reservation
at a subsequent meeting of the body. It is thought by some that
under the new Constitution it would not have the power to do
Travis County,
In consequence
so.”
Connecticut & Fassumpsic.
{For the
year
ending June 30, 1877.)
RECEIPTS.
Gross
carniDgs from passengers
do
Freight
do
do
do
$230,714
333,82}
..
19,978
Mails
Express
..
8,000
12,(79
Rents.
} 604,195
360,285
Expenses
$244,810
Net earnings for the yesr
From which have been paid—
ConpoLS
-
$180,273
bonds and other interest
on
Balance of floating debt
54 110
Leaving balance of earnings
on
59,926
hand
$244,310
The directors remark: “We
the stockholders on the present
feel justified in congratulating
financial condition of the Com¬
pany, that notwithstanding the very great depression in all
branches of business, which has existed for the last two years or
more, we have been able, after keeping the road up in as good or
better condition than ever before, and paying interest on all our
indebtedness, to save enough from tbe net earnings to pay our
entire floating debt, and leave a surplus for future contingencies
of more than $50,000.
It is now thought that the financial condi¬
tion is such that hereafter dividends may be resumed, and that
the net earnings, after keeping up tbe property in good condition,
and paying interest on the bonds, should be paid to the stock¬
holders in semi-annual dividends.”
BALANCES JULY
31, 1877.
Cr.
Construction
$3,447,825
Southeastern R’y notes
228,806
Missiequoi & Clyde rivers
Railroad bo ds
350,009
Mt. Washington RR. stock.
13,600
Land notes
Bank of Montreal. London.
Cash to meet dividends....
Cash to meet coupons
Cash balan e
Cashit r. including stock and
materials on hand
.
.......
.
8.133
5,415
2,914
1,639
34,612
Bonds, due Dec. 1, 1876
Notes, payable Jan. 1, 1881.
Bonds, payable Apr. 1,1893.
$1,8C0
123,000
1,186,500
Notes payab e
Stock issued
Dividends uncalled for.
Con pens not presented
2,175,700
2,914
160,000
...
Earnings
W. Raymond, agent
1,639
230,814
3,049
Reserve
391,467
Amount
211
required for interest is
as
follows
:
First mortgage bonds £800,000, equal to $4,000,000, at 7 p. c
Second mortgage bonds £100,000, equal to $2,000,000, at 7 p. c..eocc
Tunnel bonds £250,000, equal to $1,250,000, at 9 n. C.
0
$2801000
140,000
112,600
Tbe
general manager's report gives the following :
Compared with the results of the previous year, the increase
in the volume of business transferred across the bridge VTaa con¬
siderable.
We have move 1 during the current year 79,782
loaded freight cars, against 45,027 in the preceding year, and
16,164 in the year preceding that—the first after the opening of
the bridge.
The number of paying railway passengers who
crossed the bridge during the past year was 604,833, against
496,886 during the year preceding, while the number of foot and
horse railroad passengers and vehicles that passed over the upper
roadway nearly equals tbe number for tbe preceding year,
although on account of the destruction of part of the east
approach by fire, of which specific mention ia made hereafter, all
upper roadway traffic, except for foot passengers, was stopped for
six weeks.
The gross
earnings did not increase in proportion with the vol¬
of business, for the reason that up to February 5,1877, the
low rates caused by the competitive war with the ferry, referred
to at length in my last report, prevailed.
The old rates were
ume
gradually restored in February, 1877, but as the fire occurred
just about that time (February 19), the increased rates were
available to us only during one month (April) of tbe year. The total
gross earnings during the past fiscal year were $655,417 63,
against $464,426 89 for tbe year previous—an increase of
$191,010 64.
The total expenses for the current year were
$435,277 22, against $284,111 07 in the previous year, an increase
of $151,166 15.
The net earnings for the past year were
$220,140 41, against $180,295 82 for the year previous—an
increase in the net earnings of only $39,844 59. Thus, while the
freight car traffic has increased 77 11-100 per cent, the passenger
traffic 21 6-10 per cent, and the gross earnings 41^ per cent, the
net earnings have increased only 22£ per cent.
An examination into the details of the expense account will
show at once that the heavy expense of 70 per cent of the earn¬
ings arises mainly from the burden imposed on up by the rail¬
roads (without any additional compensation) of maintaining and
operating, for the purpose of moving their freight and passengers
across tbe bridge, an independent railroad with three miles of
double main track and about 15 miles of sidings, with yards and
terminal grounds, with rolling stock and equipments, with officers
and servants of every grade employed in and about railroads,
and with an organization which moves, supervises, cheeks, con¬
trols, and is responsible for much of the freight and all of the
passenger traffic of nine trunk-roads.
This anomaly was adverted to in my last year's report, and
there I expressed the hope that the roads would assume at least
a portion of the expense we have to bear; but in this we were
disappointed. Tbe roads have continued to persist in assuming
that East St. Louis was their terminus.
Tbe contracts which some of the roads made with
the Bridge
Company before tbe bridge was built are entirely ignored.
Tbe average gross toll paid to us for freight was $4 25 per
loaded car of all classes, and the average net result was only
$1 65, showing that the expense of moving the freight and the
service connected therewith was $2 69 per car, and that the net
toll per railroad passenger, inclusive of express and mail,
amounted to 13 3-10 cents.
Had the roads complied with their
part of the contract (the gross average toll paid us per car and
passenger having been less than fixed by contract), the resalt of
the management to us, in face of the losses incurred by the
enormous diversion of freight by tbe roAds to ferries and other
tfansDortation agencies, atd in face of the low rates and loss
of business by fire, would have been as follows:
Gross receipts in current year
$655,417
Expense of all classes for salaries, maintenance, &c
109,314
Net
$546,108
gains
And, inasmuch as it is safe to assume that the losses incurred
by low rates during the past year and by the fire amounted to
$150,000, this sum added to the above would have been sufficient
to meet the interest on all the mortgages on the bridge.
BURNING OF
EAST APPROACH.
On the night of February 19, 1877, a portion of the east
approach
was destroyed by fire, which originated in some frame
1,530
185,462
buildings adjacent to it, and which swept, fanned by a heavy
$4,278,415 northern gale, clear across tbe approach.
The destruction was
$4,278,415
complete for a length of over 300 feet, from the east abutment t#
Illinois and St. Louis Bridge* and St* Louis Tunnel Rail¬ beyond Second street in East St. Louis, and covered the highest
portion of the iron trestle. By energetic work continued day and
road*
night, we succeeded in re-establishing all railway communication
{For the year ending April 30, 1877.)
on the morning of February 26, but the complete reconstruction
of tbe approach available for all traffic was not accomplished
EARNINGS.
until April 2. Thus the traffic over the bridge was completely
Gross earnings from upper roadway......
$115,013
Gross earnings from lower roadway and tunnel
535,796
suspended for railway traffic for six days, and for all upper road¬
Grose earnings from rents
4,608
way traffic for six weeks.
Total
$655,417
The United States Rolling Stock Company*
EXPENSES AND COST OP MAINTENANCE.
{For the half-year ending June 30, 1877.)
Pertaining exclusively to Upper Roadway
$43,275
The semi-annual report of the President of this Company to its
Pertaining to both Upp. ana Low. R’ways and tunnel. 66,038
shareholders has the following:
$109,314
For moving passenger trains
110,637
The accounts for the half-year closing with the 30th June,
For moving freight trains
152,053
submitted
herewith, afford renewed opportunity for congratula¬
For terminal charges and drayages
63,272
tion upon a steady though moderate improvement in the business
Total.
$435,277 of your company. Amid wide-spread disaster to tbe great trans¬
1877.
1876.
portation interests of tbe country, we have been fortunate in
$655,117 escaping without a loss of any magnitude.
Earnings.
$464,406
435.277
Expenses
284,111
The comparative statement of total earnings shows an increase
$180,295
$329,140 over the corresponding six months of 1870 of $24,355, mainly
Coupons, Oct. 1, 1877
«•
>
212
THE CHRONICLE/
due to a more active employment of freight cars, and in some
instances to slightly improved rates. The demand for passenger
coaches has been and continues very light; the usual summer
earnings from this
likely to be small. Locomotives
have likewise been very little wanted; but for these many inqui¬
ries are now being received, some negotiations both for sale and
lease are pending, and there appears a reasonable prospect of
reducing the idle stock of this class of property, which has here¬
tofore proved very unprofitable.
After making very liberal repairs out of current earnings, there
remain net earnings for the six months of $207,372, amply
sufficient for the usual reserve and a dividend of 2£ per cent or
9s. per share. In view, however, of the present interruption to
business, which threatens to lock up temporarily a large share of
the last two months' cash collections, I have recommended to
your board to distribute at present only 8s. per share, and to add
the remaining Is. to next half-year’s dividend, when collected.
In the company’8 suit against the Atlantic & Great Western
Railroad Company, for the recovery ot the very large sums due us
under the old contract, a second decision has been rendered, con¬
firming the previous judgment in our favor, from which we had
appealed in consequence of the insufficiency of the amount allowed
us.
This decision is, however, far from exhausting our legal
remedies, and further proceedings will shortly be instituted, from
which a more satisfactory result is anticipated. Shareholders are
reminded that this is simply a suit for the recovery of a large sum
of money now appearing as a part of our reserve account. The
result can in no way affect our capital, income or business.
source are
BALANCE SHEET JUNE
Amts.
Constrc’tn. Tot. cost of stk.
Balances due from lessees..
Sundry debtors,
Cash and cash assets
Chicago works
Urbana build’gs and tracks.
Office furniture and flx’trs..
30, 1877.
Liabilities.
$5,061,110 Capital acc’t., share issue... $5,000,000
1,227,807
141,051
864,908
149,897
77,698
3,805
Reserve account. 1873, 1874,
1875 and 1876...
Dividends uncalled for
Bills payable
Mort. on Cbicngo property..
$7,026,280
Insurance fund
Income account, applicable
to dividends &c
...
1,655,464
3,»>77
48,539
60,000
Sundry credits, due for
supplies, pay-rolls, &c
.
41,w07
10,019
207,372
$7,026,280
INCOME
ACCOUNT,
1877, to JUNE 30.
Income derived fromCharges against Income.
Repairs not paid by lessees... $31,409 Rental
,$181,722
Repairs ot buildings
101,246
660 Mileage
Freight account
1,776 Interest
11,809
Legal expenses
6,950
Taxes, not paid by le’sees.
1,058
Insurance, not paid by lessees
5,183
General expenses
40,365
Balance, net income for the
six months
207,372
.
.
..
Total
$294,777
Total
GENERAL INVESTMENT
r
$294,777
NEWS.
Chicago & Lake Huron.—This road is noticed for sale in
foreclosure at Detroit, Mich., September 20, 1877. The sale will
include the whole property, but will be made subject to the Port
Huron & Lake Michigan first mortgage of May 1, 1869, and the
Peninsular mortgages of May 1, 1869, and September 1, 1870.
The Secretary of State of Michigan has issued an official notice
of the forfeiture by the Port Huron & Lake Michigan (now con¬
solidated with the Chicago & Lake Huron) Company of “ its cor¬
porate rights, privileges and franchises of,
on, and to so much of
its road as lies west of the city of Flint, in the county of Genesee,
in the State of Michigan, as appears from a duly certified copy of
the judgment rendered by the Circuit Court for the county of St.
Clair, in said State, on the second day of July, 1877, and filed in
the office of the Secretary of State on the 21st of August, 1877.”
County of Randolph» Illinois.—The United States Supreme
Court decides in favor of Aug. T. Post that this county is bound
to pay the bonds issued to the Chester & Tamaroa Coal & Rail¬
way
Company.
Jacksonyille Pensacola & Mobile.—A despatch from Wash¬
ington, Aug. 24, said : " Upon application of Charles D. Willard,
attorney iu fact, W. G. M. Davis and the Hon. M. H. Carpenter,
of counsel for the holders of the Florida
eight per cent bonds,
known as the Dutch or Holland bondholders, Associate Justice
Strong, of the United States Supreme Court, has appointed Col.
Calvin H. Allen, recently Manager of the New Orleans Mobile &
Texas Railroad, to be Receiver of the Jacksonville Pensacola &
Mobile Railroad.
The appointment directs Col. Allen to take
immediate possession of the road, expend moneys and put the
road in good running order. This action is intended to secure
the lien of the Dutch bondholders on the road, which lien is
based upon the terms of the eight per cent bonds of the State,
several millions of which thev hold. Col. Allen has lately been
engaged as Receiver for ihe United States Court of the Paducah
& Memphis road.”
Kansas Pacific.—Mr. S. T. Smith, the Auditor of the Kansas
Pacific Railway Company,in his monthly exhibit of earnings and
expenses, states that the total earnings during the month of
July were $274,362 42, derived from the following source-:
Freight earnings, $181,322 73; passenger earnings, $91,935 97;
earnings from rents and miscellaneous sources, $1,103 72.
Keoknk & Des Moines.—This company lias issued a circular
aeking the first mortgage bondholders to fund the coupons due
Oct. 1 and April 1 next in 8 per cent scrip, as the earnings have
become insufficient to pay interest, in consequence of the bad
crops of last year on the line of the road. Mr. H. A. Barling,
the President of the Company, is a gentleman of well-known
[VOL. XXV.
integrity, and with him in control it is probable that bondhold¬
will readily acquiesce in the funding proposition, as they will
ers
feel confident that whatever the road
in any event.
Louisville
Cincinnati
&
earns
5,477
Total
Working
Net
expenses
and renewals
earnings....
Taxes
Rentals and guarantees
Construction and Improvement
Total
as
$35,718
49,366
Freight
Express, mail, etc
-.
Net profits
come
to’them
Lexington.—The report of the
auditor, Mr. William Mahl, for July, is
i377.
Passenger earniDga
net will
follows:
1876.
1875.
$40,978
45,847
4,68S
$34,560
86,311
5,335
$90,561
64,260
$91,513
$26,301
$1,166
2,983
$25,988
$1,166
$9,587
$1,811
3,697
778
5,708
1,435
$5,584
$20,716
$5,842
$20,146
65,525
,
$76,207
66,620
$2,567
Mississippi Central.—This railroad was sold at Jackson, Miss.,
recently, and
purchased by the representatives of the con¬
$425,000, subject to prior mort¬
gages. The road is the upper part of the New Orleans St. Louis
& Chicago Railroad, which was formed in 1874 by the consolida¬
was
solidated mortgage bonds for
tion of the
New Orleans Jackson & Great Northern and the
Mississippi Central Railroad Companies.
Missouri
County Bond&—Suits have been begun in the
by holders of the de¬
faulted bonds of Knox, Lincoln and Franklin counties, Mo.
Two suits against the County of Franklin are to enforce the
payment of certain bonds and coupons issued over ten years ago
to pay for the construction of roads under a contract with Budd&
Decker.
A decision has already been made against the county
by the United States Supreme Court, but the officials and people
cling to repudiation.
North & South of Georgia*—This railroad is to be sold in
Columbus, Ga., September 4, to satisfy the State lien. It is of
three feet gauge, and is completed from Columbus to Hamilton,
twenty-three miles.
St. Louis Rock Island & Chicago*—The suit of H. Osterberg
against the Union Trust Company involved questions as to the
right of the purchaser of the Rockford Rock Island & St. Louis
Railroad to hold back part of the money to meet a lien for
unpaid taxes. The United States Supreme Court, Justice Davis
delivering the opinion, now says: “We are unable to perceive
that the appellant (Osterberg) has any claim to the relief which
United States Circuit Court at St. Louis
he seeks.
**1. The taxes for 1875 were, at
the date of the decree, a sub¬
sisting lien upon the mortgaged property, and he had not only
constructive but actual notice of its existence. It is true that the
title of a purchaser at a judicial sale under a decree of fore¬
closure takes effect by relation to the date of the mortgage and
defeats any subsequent lien of incumbrance.
A lien for taxes
does not, however, stand upon the footing of an ordinary incum¬
brance ; and is not displaced by a sale under a pre-existing j udg-
decree, unless otherwise directed by statute. It attaches
regard to individual ownership, and when it
enforced by sale, pursuant to the statute prescribing the mode
ment
or
to the res without
is
of
assessing and collecting them, the purchaser takes a valid and
unimpeachable title. But if the doctrine were otherwise, and if
the rule of caveat emptor had no application to this case, we are
not aware of any principle which would justify withholding
from the mortgagee any of the moneys derived from the sale
of the mortgaged property, with a view to the application of
them to satisfy such a lieu. This is not a controversy between in¬
cumbrances. It is a proceeding by a purchaser at a judicial sale
to retain, in effect, a portion of his bid, equal in amount to an
incumbrance to which the property in his hands was subject.
Even if the law had not imposed on the purchaser the burden
of paying them, the terms of sale, as announced by the master,
•
clearly did so.
2. He has no rightful claim to any part of the earnings of the
road whilst it remained in the possession of the receiver, nor is
he in a position to question the orders of the court as to the
application of those earnings. The road would have been sur¬
rendered to him at an earlier date, had he punctually complied
with the terms of the sale; but the court, under the peculiar
circumstances of the case, extended to him an indulgence in mak«
ing the required payments. In the meantime the road remained
in the custody of the receiver, and its earnings were devoted to
the payment of current expenses and other meritorious claims.
“3. Nor has the appellant any just claim to the money and
_
“
Government bonds which
came
to the hands of the receiver from
Henry Curtis and Cornelius Lynde. So soon as they were
relieved from the trust -upon which these persons held them,
they belonged in equity to the bondholders. The purchaser
could acquire no right to them, as he bought only the property
which the decree directed to be sold, and it did not order
sale of this fund or the lands out of which it arose, nor did
the
the
master attempt to sell either.
If the deed of the receiver to
Osterberg is broad enough in its language to cover this fund, it
is to that extent void, as he was only authorized to convey the
property previously described in the decree, and sold by the mas¬
sale.”
The decree is affirmed.
ter at the
Sioux City & St.
Paul.—The suit between this
company
and
the McGregor & Missouri River Company, which involved the title
to about 185,000 acres of land dlaimed by each company as part
of its land grant, has been decided in favor of the Sioux City &
St. Paul.
Iowa.
The land is in the extreme northwestern section of
September
THE
1,1877.]
CHRONICLE
MONTHLY EARNINGS OF PRINCIPAL
i
'
1876.
1377.
(711 m.)t..
Mar.
April.
May.
June.
July.
Ang,
Sept.
Oct.
Nov.
Dec.
Total*
$62,792
$73,505
$121,003
63-659
104,052
180,217
139,130
$114,245
112,474
197,99 i
2i 0,631
$101,344
78,410
144,131
$101,774
107,645
219,370
189,915
$:oo,6ii
104,418
$112,681
152,215
$110,563
$133,654
147,-55:
265,593
$116,379
199,026
$102,225
188.641
113,450
193,351
185,731
137,142
297,959
178,954
225,793
152,594
204,447
$1,250,806
1,520,859
2,486,583
84,692
109,535
86,849
103,241
91,205
101.700
83,164
100,902
87,435
132,923
100.700
73.248
72,435
71,605
.69,357
73,303
142,314
136,125
111,441
109,536
127,879
91,908
110,803
90,488
1,110,624
l,36b,934
1,311.609
1,798,469
1,757,115
1,575,000
■*"
117,417
134,364
136,350
Bar* C* R. Sc North I—
(401 m)...
108,303
7565788111874.
1874.
1875.
13:6.
1877.
Central
Cfeieaso
4567788116.-
8375..
1876..
1877..
101,692
68,094
88,014
97,218
105,843
73,194
243,118
115,290
126,295
117,928
112,759
77,951
•
•
•
•
90.60J
126,737
•
•
•
•
•
•
1,248,875
1,311,377
1,123,071
*
Pacific—
1874. .(1,219 to 1,213 m ).
1375. .(1,287 to 1,309 m).
1876. .(1,309 to 1,660 771.).
1877...(1,660 m. to
).
1874..
81,213
62,701
102,565
91,931
73,961
(401 m.)...
RAILROADS.
Feb.
Jan.
Itch. Top. Sc S. Fe,
1874.
(509 m.),..
1375
(509 m.)*..
213
848,558
963,938
804.044
906,159
1.017,204
951,000
994.339
1,125,000
Sc Alton—
(650 m.)...
(6 )0 mi)...
(673 m.)...
832,423
1.186,263
1,181,683
1,427,035
1,212,000
1,416,000
1,366,615
1,738,370
1,846,269
1,286,940
1.536,225
1,322,557
1,553,014
1,371,739
1,465,515
1,381.766
1,391,000
1,696,151
1,871,876
1,366,000
1,615,974
1,838,066
1,370,334
1,541,222
1,567,622
1,513,836
1,675,532
1,338,209
1,411,000
14,522,814
17,035,063
18,110,794
344,420
339,876
362,342
384,335
397,683
496,813
319,928
363,627
355,527
367.955
3)3,999
464,439
351,0)4
332.233
480,056
524,042
490,293
364,725
305,779
369,312
351,603
325,046
345,455
339,385
311,266
353,982
489,019
632,868
5,126,228
451,031
411,960
510,795
416,544
4-23.645
387,445
403,6 71
550,951
305,597
328,219
346,850
310,160
367,998
374,351
4,656,764
4,960,523
870,725
755,326
891,858
946,125
1,004,693
1,060,269
860,945
884,013
761,163
920,923
989,085
943,105
1,161,357
941,461
1,091,644
1,129,192
812,962
915,623
885,753
888,065
979,560
892,370
1,049,570
1,066,36“
1,213,221
1,099,600
814,175
1,183.610
1,049,870
1,212,122
842,240
823,468
11.738,448
1,359,269
1,007,876
1,010,538
1,026,817
826,120
12,003,951
704,373
630,516
793,859
662,283
8,953,018
927,030
747.893
8,255,743
569,482
640,150
862,153
974,262
817,569
694,250
741,206
766,000
610,000
8,055,139
1,118,371
1,0)8,634
989,632
1,254,255
1,206.806
1,407,975
1,409.168
1,065,726
1,196,333
1,403,992 1,117,319
1,030,027
93 1,839
909,640
13,361,690
12,811,227
12,467,540
652,601
7,161,738
552,548
7,478,594
6,972,013
524,244
Cbte. Bur. Sc
1874..
1875..
1376..
2877..
<$•(1,264 m.)...
(1,264 m.)$..
(1,297 m.)...
(1,297 m.)...
960,198
11,645,318
Chic. Mil. dr St. I*.—
1874...
1875
1876....
1877....
...
(1,399 m.)...
(1,399 m.)...
654,423
466,101
527.000
(1,399 in)..
375,460
Chicago Sc Northwest.—
1874....
(1,501 m.)... 1,014,514
2875
(1,501m.)...
825,469
1875....
1877....
'
657,498
576,271
323.273
518,00J
502,765
405,000
-
742,051
639,669
567,383
469,000
650,944
1,024,081
970,064
944,4)0
804,556
1,030,193
1,024.339
919,973
541,340
576,464
616,773
506,431
615,177
515,000
808,842
900,765
671,784
854,627
721,021
714,116
(674 m)...
493,017
562,259
489,638
471,218
592,230
544,705
664.984
558,727
(732 in.)...
489,688
500,898
532,721
103,092
94,532
183,158
139,779
142,968
136,677
116,283
156,111
174,335
158,635
147,439
143,573
122,796
132,961
157,217
186,966
422,683
303,830
212,634
259,965
255,893
205,211
221,761
203,870
165,037
(1.501 mi)...
961,930
853,895
*
885,709
749,215
718,465
819,353
606,000
742,168
877,00)
812,395
635,751
589,0.0
5)6,000
1,290,591
1,161,459
1,090,751
930,014
1,163.522
1,052,830
1,233,407
1,011,685
1,257,892
1,015,992
530,905
640,284
626.738
583,748
613,057
€59,196
564,172
*536,234
1,182,830
..
Chic. B. I. dr Pac.-
1874
...
1975....
1876....
1877....
519,355
618,869
521,120
702,708
611,647
588,491
685,154
726,473
663,940
752,149
733,115
715,500
60),078
60b,345
566,523
202,211
212,879
173,911
188,976
181,129
169,639
178,401
531,004
Kan. Sc St. Jos.—
J874....
J875....
*876....
*877....
"
133,059
146,952
125,890
122.455
135,432
113,131
141,289
207,529
153,068
141,426
138 087
171,380
162,719
165,419
184,705
171,035
145,437
151,345
154,634
187,575
143,128
1.944.081
151,709
158,812
1,661,478
1,927,988
—
Houston & Tex.
*574
*875
(503 m.)...
'..(508 m.)...
(508 m.)...
1877
(508 m.)...
Illinois Central-
222,257
304.633
.
1876
1877
(1,109
...
(344 m.),..
(344 m.)...
(344 m.)...
(314 m.)...
188,203
212,998
158.697
211,139
208,106
148,375
248,235
583,997
m.)/..
(1,109 m.)...
591,031
1875
(1,109 m.)
558,574
1877..
(1,109 m.)...
466,499
Ini. Bloom. dc W.—
3874
194,933
141,209
178,373
311,102
407,435
377,340
317.657
329,516
412,614
421,491
401,692
375,341
•
517,674
481,681
577,702
561,793
595,519
5SO,004
460,839
586,962
610,459
5:30,269
672,234
604,831
606,134
692,416
•
•
•
•
627,454
715,899
758,536
718,101
680,435
7,900,720
773,092
679.434
7,802,556
666,125
838,307
816,508
668,943
613,446
494,529
600,179
616,292
707.983
575,306
532,857
7,040,969
141,410
107,108
138,275
158,610
148,158
143,784
121,373
137,556
133,428
141,300
93,646
122,778
140,815
113,656
1,355,495
1,462,804
447,409
711,969
458,707
131,001
155,363
91,744
142,649
108,109
103,513
135,341
102,876
130,303
129,436
116.826
93,176
90,474
111,179
107,309
115,178
86,455
82,265
75,484
71,185
78.879
70,606
82,010
64,943
72,406
136,055
105,599
95,523
112,037
78,622
89,500
180,017
202,525
209,463
131,094
251,948
255,474
218,760
230,284
300,662
293,347
243,393
258,193
89,694
130,535
3.154,026
2.980,953
3,162,519
602,505
149,237
133,386
92,168
254,533
293,761
820,256
137,453
82,238
130,481
87,445
129,090
88.507
85,090
84,726
137,811
..
..
•
—
•
•
•
1,672,706
•
latern’l Sc Gt. N.—
*®5
(459 m.)
(459 m)...
(519 m.)...
Kansas Pacific—
125,895
140,346
174,013
gTI
*875....
167,143
169,333
*875...
M77
..
(673 m.)...
(673 m.)...
(673 m.)...
206,402
(673 m.)...
176,265
Wo. Kan. Sc Texas1874.
(786 m.)...
266,383
(786 m;)...
199,680
....(786 m.),..
256,459
(786 m.)...
116,186
230,371
195,234
237,032
254,723
235,308
293,927
196,729
232,339
232,382
213,348
156,174
178,249
174,393
262,801
233,035
245,814
247,505
79,244
822,657
294,202
247,602
246,552
317,589
277,783
238,437
253,652
80,061
86,128
88,990
131,997
155,865
155,955
213,929
190,191
213,973
188,466
1,365,634
1,440,881
293,313
302,174
305,895
315,641
"87,927
300,903
3,358,750
315.287
386,090
356,978
240,830
292,462
289,825
234,022
274,362
254,783
301,959
345.360
283,691
216,927
3,863,760
3,000,799
291,873
270,932
294,360
342,037
291,827
322.840
277,370
300,534
260,475
3,195,495
295.7:33
2,904,925
324,886
296,466
8,217,277
116,639
112,873
118,096
287,845
385,403
255,394
284,590
291,014
2,391.019
1,914,343
2,099,3X3
213,747
221,923
243,444
192.471
187,091
221,444
214,788
221,656
212,928
231,307
233,126
258,123
261,781
211,735
224,308
253,125
140,667
120,407
89,938
119,047
102,101
93,912
88,949
96,932
324,144
305,144
335,275
Mobile Sc Ohio—
**5
*877
.(528 m.)...
(528 m.)...
(528 m.)...
.....(528 m.)...
149,829
139,687
134,954
109,711
105,685
97,037
101,542
95,401
85,832
44,472
49,358
42,239
43,223
41,093
40,867
43,153
42,794
50,039
55,282
40,446
38,138
36,407
39,039
39,290
36,315
37,282
34,867
35,753
40.444
48,710
65.800
57,351
46,930
50,700
23,564
31,738
35,113
44,589
50,764
48,289
217,368
281,912
312,116
352,407
236,132
275,910
230,434
264,560
244,894
238,608
275,147
296,204
257,338
235,248
226,241
257,587
£50,778
273,895
237,903
294.631
252,643
289,686
274,164
292,468
196,155
282,879
243,991
271,230
220,692
2-34,002
183,083
237,355
153.497
216,917
264,438
227,173
178,333
229,720
171,856
*£*
(71m.)...
gW
1877
(71m.)...
57.201
..Clm.)...
38,980
38,607
(71 m.)...
51,413
1-. Iron Iff. Sc So.—
(684 m.)...
250,074
f875
250,789
(684 m.)...
(681 m.)...
327,190
*877
(684 m.)...
377,203
Kan. C. Sc N.—
(504 m.)...
208,088
(504 m.)...
246,099
1817
(526 m.)...
240,042
fit. K«a Sc So’eastern—
"J8M*876
1877..
(358 m.)...
(358 m.)...
(358 m)...
(358 in.)...
37,498
55,727
39,595
36,833
(270 m.)...
(270 m.)...
(270 m.)...
(270 m.)...
Peo. Sc War*—
1875
(237 m.)...
(237 m.)...
1377
(237 m.)...
Union Pacific—
•1876
J®78
**
100,532
(1,038 m.)...
(1,038 m.)...
(1,038 m.)...
(1,038 m.)...
34,950
155,202
149,821
175,073
242,607
219,804
264,507
309,603
—
607,991
620,307
697,133
e51,100
*
246,624
263,240
230.626
265,536
2.636,707
255,688
290,600
3-28,508
232,845
*61,178
3,136,021
—
10.569,880
11,998,832
12.686,859
90,660
78,813
*91,164
110,924
73,613
101,966
were
118,312
88,676
104,409
71,432
70,881
72,936
86,743
84,064
84.990
77,305
81,241
55,9S5
85,616
61,564
69,455
70,069
74,809
118,043
70,592
125,209
77,963
135,923
92,666
113,013
143,554
123,894
145,028
90,113
85,011
80,010
74,359
687,026
834.955
1.095,815
1,054,188
11,027,522
1,033,280
1,258,754
897,159
903,151
990,986
92,821
67,145
89,436
65,789
918.963
873,351
...
910,065
902,881
850,143 1,042,416 1,063,993 1,141,938 1,000,598
1,273,225 [1,042.534 : 1,088,982 : 1,015,459 1,155,944 1,266,929 1,037,593
L201,955 1,154,315
978,781 : 1,363,176 : 1,305,986 :1,365,509 [1,236,437
1,109,063 1,101,099
96,939
65,083
74,216
131,865
102.608
104,856
101,786
96,040
112,316
90,953
117,945
68,167
61,615
89,317
509 miles were operated
up to the close of August, 563 miles in September, and 629 miles for the
+ 629 miles were operated in January and February, and 711 miles the rest of the vear.
5 1,264 miles were operated until 17th of November, after which time 1,297 miles were
operated.
-»la-January and February 674 miles
.
1,120.488
1.411,733
89,472
73,221
620,715
574,930
661,987
815,354
248.836
113,762
98,065
72,319
58,866
57,846
59,848
78,571
4.002,045
•*••••
123,920
101,075
43,161
72,805
102,737
84,220
3,298.985
3,802,942
127,167
137,979
87,896
79,828
61,809
112,210
80,579
437,902
404,219
497,650
507,764
731,647
79,265
75,512
99.208
337,742
429,765
450,382
115,662
81,306
71,437
357,820
888,604
826,084
877,476
85,331
81,471
46,963
292,216
333,776
354,914
62,Q75
107,562
64,477
73,724
4M19
497,928
•
118,775
90,959
88,558
85,935
54,660
42,551
70,313
50,512
274,160
•
1,103,941
93,997
89.900
28,083
67,072
283,957
•
91,531
107,971
80,087
83,648
42,385
33,880
69,187
254,230
.
•
559.347
561.868
1,006,649
99,447
84.536
80,842
90,122
193,924
•
62,812
60,824
54,030
102,912
91,308
111,900
^•t.PdcSC&SOASt.P—
'•±875
130,251
A.&T H.Brchs.-
*8?5
3*74
174,968
•
•
•
•
•
remainder of the year.
operated; from March to October both inclusive, 699 miles; November and December, 782 miles.
m
THE CHRONICLE
[VOL. XXV.
:
3H)e loitimercial (Rimes.
COTTON.
The Movement op the
COMMERCIAL EPITOME
Friday
Night, August 31, 1877.
We have still to report that general trade continues dull, and
much disappointment is expressed at the slow progress made
*
thus far of autumn business.
In dry goods, however, there has
been more doing this week.
Very likely the intensely hot
weather has beeQ an obstacle to mercantile activity, and cooler
temperature will probably bring a better state of affairs.
Still,
anticipated.
Crops, if .large, sell at low prices; laborers and artisans, if better
employed, receive low wages ; aud thus the purchasing capacity
of a large percentage of the people, encumbered, as many of
them are, with au accumulation of debt, has not been much
increased. It is not reasonable, therefore, to anticipate rapid
improvement, but rather only such as must naturally attend a
great increase in the movement of bulky merchandise, with the
transportation thus employed, and a slow, general recovery
throughout the country.
There has been less depression in pork and lard, in fact more
activity, and a partial recovery in prices, but probably nothing
more than the natural reaction after a severe decline.
To-day,
we are
inclined to think
that
too
much
has
from the South
to-night, is given below. For the week ending
evening .(Aug. 31), the total receipts have reached 4,335
bales, against 2,644 bales last week, 1,733 bales the previous
week, and 2,102 bales three weeks since. The details of the
receipts for this week (as per telegraph) and for the correspond¬
ing weeks of five previous years are as follows :
this
been
ard sold at
Eork
active
$13 10 on$8the
spot,80and
$13 05 for
75@8
forquoted
primeatWestern,
butOctober.
rather
at
was
Friday, P. M.. August 31, 1877.
Crop, as indicated by our telegrams
Receipts this week at—
|
18'. 7.
1875.
18'. 6.
1874.
1873.
1852.
New Orleans
749
1,551
613
587
1,325
Mobile
140
480
330
214
459
Charleston
139
565
603
468
28
55
Port
Royal, &c
Savannah
301
tndianola, &c
TennfiH«ee, <fcc
191
771
174
477
1,740
872
1 719
247
5
1
52
821
865
1 635
37
Florida
North Carolina
Norfolk
City Point, &c
43
•c
j- 1,371
5 327
4,026
i n
512
}■
43?
1,621
2
6
49
98
69
75
95
12
211
901
1,695
1,441
1,998
301
29
23
132
21
6
1,011
66
(
closing at $8 77£ for September, $8 82£ for
Total this week
13.278
4,335
6,248
6,237
8,228
October, and $8 40 for December. In bacon the feature of
|
10,652
business was the sale of 500 bxs. clear sides, half long and half
*
Including 1,868 season’s corrections.
short, for December delivery at the West, at 64c. Cut meats
The exports for the week ending this evening reach a total of
are dull and quite depressed.
Beef has been quiet, but beef
hams were more salable at the close.
Tallow has been steady at 4,919 bales, of which 4,676 were to Great Britain, none to
8ic. for prime. Stearine has sold moderately at 10£c. for prime. France, and 243 to rest of the Continent, while the stocks as
Butter is 2c. higher for the choice qualities. Cheese has been
made up this eveuing are now 115,272 bales.
Below are the
in demand at 9@114c. for good to choice factory. The exports of
stocks and exports for the week, and also for the corresponding
hog products has been as follows :
dull lor futures,
Oct. 89, ’76, to
Aug. 25,’77.
49,001,800
I5«,2i6,«80
824,376,720
Pork, lbs
Lard, lbs
BacoD, lbs
Total, lbs
580,614,750
week of last
Cor. time pre-
ceding
year.
50,427,600
191,515,779
387,436,406
10,426,400
35,278,949
63.10 »,6S6
of refined.
Sales since August 1, 1877
Stock August 29, 187?
Stock August 3!. 1876....
Hhds.
Boxes.
Baers.
19,374
15,626
4,317
125,441
53,117
Stock Sept. 1,1875
'
Melado.
498
*7,467
1(6,754
65,008
315,228
38,408
116,069
970
47,y4?
*08.715
17,461
1,779
2.815
There has been only a moderate trade in ocean freights,
quite firm, both for room on the berth and
rates have ruled
charter.
Lake engagements
Exported to
but
for
ending
Aug 31.
Great
Britain.
New Orleans*....
10@lld.; cheese at 70s. : grain to London, by steam, lid and
by sail, 94d. ; flour to Bristol, by steam, at 4s., and grain at lOd.;
grain to Hull, by steam, at 12d.; grain to Cork, for orders, at
7s. ld.(97s. 3d.; grain to Oporto at 20c., gold, per bushel. To-day
there was more activity in berth freights, at eome advance; grain
to Liverpool by steam was taken at 10f@ll£d.; and by sail at 9d.;
and to Glasgow by steam at 10d.; refined petroleum in cases to
the Levant at 33c., and to Trieste in barrels a’ 6s. 3d.; and grain
France
1,706
Conti¬
this
nent.
week.
Charleston
....
123
....
1876.
....
123
....
Savannah
Galvestont
2,835
New York
120
....
2,955
7,819
135
2,117
Norfolk.
Other ported
135
Total this week*..
Total since
•
4,676
•
•
*
....
243
....
Stock.
week
,
1,706
....
....
Same
Mobile
4,9:9
|
9,936
Sept. 1 2,142,231 ;45P,9i5 438,354 3,040,503 ; 3,240,285
1877.
1876.
20,225
2,456
29.685
4,299
1,790
4,COS
5,709
2,033
1,694
4,768
61,746
1,350
21,000
64,267
535
15,000
115,272 125,293
•
•
•
... -
«
*
New Orleans.—Our telegram to-night from New Orleans shows that (besides
above exportB) the amount of cotton on shipboard and engaged for shipment at
that Dort Is as follows: For Liverpool, 100 hales;.for Havre, no bales; for
the Continent, no bales; for coastwise ports, no bales; which, if deducted from
the stock, would leave 20,125 bales representing the quantity at the landing and In
presses unsold or awaiting orders.
t Galveston.—Our Galveston telegram shows (besides above exports) on shinboard at that port, not cleared: For Liverpool, no bales; for other foreign,
bales; for coastwise ports.no bales; which, if deducted from the stock,
remaining 4,768 bales.
no
would leave
t The exports this week under the head of “other ports” Include from Baltimore,
28 bales to Liverpool; from Boston, 107 bales to Liverpool.
From the
foregoing statement it will be seen that, compared
corresponding week of last season, there is a decrease
in the exports this week of 5,047 bales, while the stocks to-night
are 10,021 bales less than they were at this time a year ago.
The following is our usual table showing the movement of cotton
at all the ports from Sept. 1 to Aug. 17, the latest mail date:
with the
RECEIPTS
SINCE SEPT.
PORTS.
include grain to Liverpool by steam
at
Total
Week
108,815,035
629,429,785
Kentucky tobacco has been dull. The sales for the week are
only 400 hhds., of which 300 were for export and 100 for home
consumption. Prices are easier; lugs, 3£@5£c.; and leaf, 64315c.
The business in seed leaf was large, but the demand not general.
Sales for the week have been: 100 cases sundries, 4@16c.; 765
cases, 1876 crop, New England, part 54c. to 15c., part private
terms; 170 cases, 1875 crop, New Eagland, 124c. to 30c.; 32 cases
1875 crop, Pennsylvania, 194c.; 82 cases, 1876 crop, Wisconsin,
private terms; 252 cases, 1876 crop, Ohio, part 11c., part private
terms.
Total, 1,431 cases. Spanish tobacco was quiet; the sales
were only 200 bales at 80c.@$l 10.
Molasses has been firm for Cuba refining stock, owing to an
advance in sugar, but trade has been quiet for this as well as
grocery molasses; 50-test Cuba refining, 32@33c. Rio coffee has
latterly been more active at steady prices, or 16|@20£c., gold, for
ordinary to prime cargoes; the stock here to-day is 83,824 bags ;
the mild grades have sold very slowly and have been in the main
nominal at last week's prices; stock on the 29th inst. was 66,558
bags and 27,092 mats. Rice has been in fair demand and steady.
Refined sugar has been active and higher; powdered and granu¬
lated lCJc., and crushed 114c.
Raw sugar lias been more active
at an advance to 84@8fc. for fair to good refining ; trade in the
raw product has been considerably stimulated by the larger sales
Receipts since August 1, 1877.
season:
Increase.
1876.
EXPORTED SINCE SEPT
1.
1875.
Great
Britain
France
Other
forei’n
1 TO—
Total.
Coastwise
Stock
Ports.
,
to Cork for orders at 7s. 3d.
N. Orleans.
Mobile
Charleston *
Savannah..
Galveston*.
New York..
Florida
1,180,673 1,398.879 691,524 331,076
357,573 370,564 148,616 25,163
471,082 413,816 221,616 50,670
476,993 517,421 233,515 14,742
501,827 478,337 206,766 24,774
9,363
121,201 198,585 331,413
20,331
12,078
2,511
129,519 102,853 23,357
1,602
552,802 494 396 109,092
150,610 113,055 116,804
•
N. Carolina
Strained rosin has been
•
•
•
.
•
.
179,927
44,922
73,256
50,245
25,412
36,347
1202,537
218,703
189,282
143,804
345,551 1C9.369
298,502 145,876
256,952 249,994
427,128
20,381
36,474
92,474
10,606
1,221 112,515 442,100
16,089 132,893
•
•
•
....
•
r
24,615
3,391
2,349
1,567
3,494
77,033
«•••>
671
quiet at $1 8D@$1 90, but ther6 has Norfolk*
the finer grades at $2 50@$3 50. Other
ports
Spirits turpentine was at one time active at 30c., but has latterly
2133,305 459,915 438,033 3031,255 1393,280 136,910
been quiet at that figure. Petroleum has been more active at an Tot. this yr. 3,962,661
important advance, refined at one time selling as high as 14fc. Tot. last yr.
4,099,9S4 2066,791!449,710! 697,106 3213,610 1351.724 147,555
for September and 114c. for October, but the market has since
Under the head of Charleston is Included Port Royal. &c.; under the head of
declined, and to day small sales were made at 134@13£c. for Oc¬ Galvestonla
included ladianoia.&c.; under the head of Norfolk is included City
tober, aLd oil, for the last half of September, was obtainable at Point. &c.
13Jc ; crude was dull and nominal, ns it Las been most of the
These mail returns do not correspond precisely with the total of
week, at 74c., in bulk, and 94(a9fc. in shipping order. Naphtha
the telegraphic figures, because in preparing them it is always
nominally 8c. Hops have been dull at 4g9c., with small lots of
new seedling selling at 12@15c.
Whiskey has declined to $1 134; necessary to incorporate every correction made at the ports.
tax paid. Ingot copper has been quiet at 17£@18c. A good business
Prices of cotton on the spot have fluctuated more frequently
in hemlock sole leather has been done at steady prices. Hides than
usual, during the past week, and, with the exception of
have generally been rather slow of sale, but close more active
moderate takings by American spinners, the movement has been
and firm. Linseed has been steady at $2 05, gold, for Calcutta,
but quiet. Domestic grass seeds of the new crop open at 124@ trifling. There was a decline of l-16c. on Saturday, but an ad¬
13c. per lb. for clover and $1 55 per bush for timothy.
vance of 4c. on Monday, which was in turn lost on Tuesday and
..
been considerable business in
....
...
3,300
20,500
.......
*
%
THE CHRONICLE
1,1877.]
September
Wednesday. Liverpool, though rather stronger, has been disap¬
pointing to holders, and the continuance of small receipts at the
ports was supplemented by hot, forcing weather, which promised
to bring forward the new crop rapidly and compensate, in part at
lateness. Yesterday, there was a decline of l-16c.,
recovered to-day, with a good business to home spin¬
the basis of 11c. for middling uplands—the same as last
least, for its
which
ners
was
on
bales.
200
215
cts.
bale*.
800
500
200
400
10-71
SOL-
900
S-X)
1.300
...
16*73
10*74
10*75
10-76
19,700 total Nov.
0- l
10*71
10-14
1,200
10-75
10-76
10-77
1.3U0
bales.
eta
cts.
lt-31
inn
m-ai
10-87
arm
m-u
1.1C0
10*83
800
500
100
100
1 .-89
...11*01
an
ii-f4
11-05
U*0i
11-07
400
10-73
300
100
For December.
600
'0-51
100
1C-53
100
l.-,4
500
10-55
bales.
200
cts.
10-7)
U-91
10 91
200
103
50J
60J
100
10.400 total Jan.
20,500 total Dec.
11-09
For February.
11*12
For future delivery there has been great irregularity
100
T n-qn
im
ii»ii
For
as well as frequent fluciuations.
10»
January.
For example, on Saturday,
10-S3
100
ll*l«
1.9(0
10-70
200
16-^5
‘200
11*17
200
August closed three points lower, but other early months were
11.-36
1,‘VO
10-71
200
10-8;
200
11* It
900
0*57
200
10-72
600
10 39
3@7 points dearer, and the later months Sfabd points*dearer; and, 1.7ti0
100
11*19
10-58
300
10-73
!00
WU
:-00
11-21
on Wednesday, August and
April were unchanged, September 1.400
a-63
1,100...
10-71
200
1 -91
100
11*22
1,20)
IC-.-O
3:W
was 0
10-75
9ul)
points higher, and the other months 2@4 points cheaper.
10-95
200
11*28
1,«00
10-81
300
10-76
IOC
11*H»
On Tuesday, August and September closed at the figures of the
VOL*
10-62
6,ooo total March.
200
107.
300
11-J3
JO
10-61
100
10-.8
300
11*01
For April.
previous Friday, but October was 9 points higher, owing to the 1.47tO
10-64
700
1,110
11*J5
100
11*17
continued small receipts at the j orts.
5(0
10*61
10 i
1 .-80
Yesterday, September
600
11*19
300
11*66
2"0
10-82
closed higher than August, an irregularity which was attributed
4,200 total Feb.
100
11*19
1,2(J0
10-..7
E00
lil-3J
100
11*2?
to manipulation ; but the advance in the later months was caused
1,500
10-68
200
10*34 1
For March.
200
11-69
100
10-85
100
10-97
900 total April.
by reports of injury to the crop on the Quit coast by caterpillars.
The following exchanges have been made
To-day, there was a very irregular market, with business com¬
during the week*.
*15 pd. to exch. 2(>0 Oct. for Sept.
paratively small, and prices at the close lost the improvement of
ICO Jan. for 100 Oct. even.
yesterday.
’34 pd. to exch. 300 Feb. for Apr.
•16 pd. to exch. 500 Oct. for
The total sales for forward delivery for the week are 192,500
Sept.
•23 o d. to exch. 200 Sept, for Nov.
bales, including — free on board. For immediate delivery the total
The following will show the
sales foot up this week 5,718 bales, including
closing market and prices bid for
for export,
future delivery, at the several dates named :
5,718 for consumption, — for speculation, and
in transit.
Of the above, ——bales were to arrive.
The following tables
MIDDLING UPLANDS—AMBBIOAN CLASSIFICATION.
Frl.
Sat.
show the official quotations and sales for each day of the past
Mon.
Tues.
Wed.
Thurs.
Frl.
Friday.
0. 1.634018970.
week:
UPLANDS.
New Classification.
Ordinary
August
N. ORLEANS.
TEXAS.
Sat. Mon. Sat. Mon. Sat. Mon. Sat. Mon.
Aug.25 Aug. 27 Aug. 25 Aug. 2 7 Aug. 25 Aug. 27 Aug.25 Aug. 27
,.3P tt.
9*
9*
:o*
Strict Good Ord’ry. tux
10 14-16
Low Middling
Strict Low Middl’g 10*
10 15-16
Middling
11 3-16
Good Middling
Strict Good Middl’g 11 7- 6
..
ALABAMA.
Market cl?sel
Strict Ordinary
Good Ordinary
Middling Fair
3*
9*
!0
io*
10*
10*
10*
io 1: -16 ’0 9-16
10K
10*
9*
10*
10*
10*
10
10*
10*
10*
10*
10 11-16 10 11-16 10
11
10*
■0*
1--16 10 15-16 It 1-16 1L 1-16 ll
5--16 11 3-16 11 5-16 11 5-16 11
9--16 11 7-16 11 9-16
ll 9-16 ll
IE >-16 11 13-16 11 '5-16 11 15-16 12
1 -18 12 9-16 12 11-16 12 11-16 12
11
LI
11
11 13-16 11
12 9-16
12
Fair
9*
9*
9*
10
9*
10
10*
10*
9*
10*
10*
10*
13-16 10 11-16 10 13-16
10*
3-16
7-6
H-16
1-16
13-16
11
ll
ll
11
12
1-16
5-16
9-16
15-16
11-16
ll
ll 3-16'
11 7-16
ll n-ie
12 1-16
12 13-16
Tues Wed. Tues Wed Tues Wed. TuesiWed.
Aug. 23 Aug .29 Aug.2S Aug. 29 Aug. 28 Aug. 23 Aug. 28 Aug.29
tt. 9 9-16
Ordinary
9*
9 15-16 9 K
Strict Ordinary.
Good Ordinary
10 3-16 10*
Strict Good Ord’ry. 10 M6 io*
Low Middling
:o 9- 16
io*
Strict Low Middl’g 10 13-16 0^
...
11
Middling
Good Middling
n*
Strict Good Middl’g n*
Middling Fair
u*
Fair
9 9-16
9 15-16
10 3-16
10 7-16
9*
9
10
10
10
11-16 9*
1-16 10
5-16 10*
9-16 10*
10 9U6 10*
10 11-16
;o*
10 13-16 m
10 15-’.6 10*
!0 15 -16 11
:0 15-16 11*
ll 1-16
ll S- 16
ll 3-16
11 5-16
IIK
11*
11 7- 16 11*
11 7-6
ll 9-16
UK
11 13-16 n*
11 13-16 12
11 15-16
12 9- 16 12*
12 9-16 12*
12 11-16
9*
10*
10*
9 11—16
10 1-16
10 5-16
10 9- 6
I0Y
10 15-16
11*
11*
:i*
12
12*
9*
10
1C*
10*
10 11-18
10*
ll 1-16
ll
11
11
12
5-16
9-16
15-15
11-16
•» r|.
Til.
Til.
FrI.
Th.
FrI.
Til.
Frl,
Aug. 30 Aug 31 Aug. 30 Aug.31 Aug. 30 Aug. 31 Aug. 30 Aug.3i
Ordinary
9- 16
9
9
10
10
9 9-16
9*
Strict Ordinary
15-16 9*
9 15-16 !0
Good Ordinary.
3- 16 UK
10 3-16 10*
Strict Good Ord’ry. ’.OK
7- .6 10*
10 7-16 10*
Low Middling
10 9-'.6 10*
ij 9-:e 10*
10 11-16
Strict Low Middl’g 0-Y
10 ;3 -16 10*
10 13-16 10*
10 15-16 11
10 15-16 11
Middling
ll 1-16
Good Middling
1 3-16 UK
ll 3-16 11*
ll 5-16
Strict Gojd Middl’g 11 7-16 UK
11 7-16 11*
ll 9-’.6
11 13-16 U*.
li ia-i6 11*
11 15-16
Middling Fair
Fair
12 9-16 12*
12 9-16 12*
12 11-16
n>.
...
-
9*
9*
10*
9*
9
li
10
10
11-16 9*
1-16
0
5-16 10*
9-16 10*
10 11-16
.0*
10 15-16 10*
11 1-16
U*
ll 5-16
11*
11
9-16
UK
12
11 15-16
'2 11-16
:2*
9
10
i0
10
11-16
1-16
5—16
9-16
IO*'
10 15-16
11*
u*
12
12*
10-80
10-64
September
October
November
December
10*52
10-51
10-67
10-83
10-9)
11-14
Ja-iuary
February
March
April
Tramf.orders.
Gold
Exchange
Steady
Lower. higher
10*90
10-37
..
..
10-90
101*
4-30*
Firmer,
nigher. Lower.
,
.
10-83
1063
10- 9
10-62
10-76
10 91
11-07
11-22
10-9J
101
4. SO*
The Visible Supply
IU--4
10-73
10 75
10-88
11*04
1U 3
10*73
10-60
16-62
10-74
10 90
11-05
11* .8
10-95
10-57
10-61)
10 71
10-86
11 03
1U13
10-65
104*
104*
11-06
11 05
104*
4-80*
OF
10-90
10-86
io-.-o
4
COTTON,
10-35
10-89
10-75
10-62
10 64
10-76
10-7)
80*
lower.
10-83
10*70
10-59
10*41
10*72
10*38
10-92
1107
11-21
10-90
11-03
11-18
10*85
104
104*
4 81
4-81
4*81*
as made up bv cable
and
telegraph, is as follows. The continental stocks are’ the figure*
of last Saturday, but the totals for Great Britain and the afloat
for the Continent are this week’s returns, and
consequently
brought down to Thursday evening; hence, to make the totals the
complete figures for to-night (Aug. 31), we add the item of exporta
from the United States, including in it the
exports of Friday
only:
1877.
1876.
1875.
1874.
803,000
32,750
804,000
41,500
823,000
70,250
890,000
Total Great Britain stock..;.. 833,750
Stock at Havre
209,000
Stock at Marseilles
12,000
845.500
163,500
4,7o0
72,000
893,250
192,250
997,500
162,000
15,000
60,250
27,000
45,750
90,500
24,000
11,000
35,000
Stock at Liverpool
Stock at London
.....
Stock at Barcelona
Stock at Hamburg
62,000
13,500
107,500
5,500
74,500
11,250
35,000
40,750
9,750
4,000
12,000
Stock at Bremen
Stocfe at Amsterdam
40,000
Stock at Rotterdam
10,750
11,000
55,000
61,000
15,000
Stock at Antwerp
Stock at other continental ports..
7,750
17,500
14,760
15,250
434,500
414,950
335,000
470,5C0
1,273,250
1,230,450
1,283,250
1,468,000
India cotton afloat for Europe..,. 252,000
American cotton afloat for Enrope
44,000
870,000
52,000
26,000
...
.
64,750
Total continental ports
■
10-99
Easy,
Quiet,
higher.
Irregular.
ll*t 2
10 95
STAINED.
Total European stocks
Sat. Mon. Tues Wed. Til.
FrI.
Aug. 25 Aug. 27 Aug. 26 Aug.29 Aug. 30 Aug 31
Good Ordinary
Strict Good Ordinary.
Low Middling
9*
9*
9*
9*
9 15—If 10 1-16
10 7-16 10 9-16
Middling
9 3-16
9 13-16
10
10*
9*
9 3-16
9*
9 13-16
9*
9 15-16 9 5-16 10 •
10 7-16 .0 7-16 10*
9*
United States exports to-day
MARKET AND SALES.
SALKS OP SPOT
AND TRANSIT.
Spot Market
Closed.
Ex¬
port.
Saturday.. Quiet, lower
Monday... Steady, higher...
Tuesday
Easy, lower
Wednesday Qilet, lower
Thursday.. Quiet, unchg’d...
Friday
Steady, higher....
ConSpec¬
sump. ulate
4 5
680
..
....
•
726
....
1,532
....
98
....
•
•
•
•
•
•
•
«
4
•
•
•
•
.
•
•
•
•
•
•
Sales.
405
680
•
....
1,330
....
.
•
725
....
Deliv¬
eries.
85,900
45,900
80,400
1,330
....
Total visible supply..
futures.
Tran¬
Total.
sit.
1,532
25,700
2-1,500
985
25,100
Egypt, Brazil, Ac.,afloat for E’rope
Stock in United States ports
Stock in U. S. interior ports
900
900
500
500
400
500
.
.baies.l,7C9,6b7
For August,
bales.
cts.
100 s.n. ‘28th. 1(’30
200 s.n. 2:th.l0’8t
3i0 s.n
10-63
1 ’^3
100
bal^s.
50J
500
1 400
cts.
l'*76
10 77
10-78
L50J
C.OoO
1/79
ll"8 ’
IC‘81
1J-32
200 S.n
200.
10 84
10-Si
1,200
1*S0.'....
10*85
1,000
3.000
500
1(1'
100
300
1 ’86
10-34
10-5
...1C 85
U‘87
10*S8
10*89
1C-37
10-88
10- 9
2,300
1(H0
10-31
,..10*-2
60 J
100
3.9U0
2,610
600
TJUe.n
10-36
lL'i'U
l.POJ
5,710.
4.50J
3,700
200
100
100
100
100
11-00
2,*10
..
11*02
11*5
11-06
11-10
1C-S0
....10*91
10-92
2,r0'
10*33
10-94
10-95
7 X)
1.10
10-95
10-37
1,100
.
800
7,700 total Aug.
For
10-33
.
...10-93
700
It)* 99
600
11-00
September.
2,703.....
10-15
56,900 total Sept.
.
..
5,713
For October,
bales.
600
2 0
2,600
2.600
600
3.7U0
600.....
1/00
4,3 0
2.800.
1,503
4,500
3,"00
5.900
ct".
10-61
11/62
10-3
It-34
10-35
10-66
t i-67
10-69
10 70
11/71
.11-72
1C-73
10-74
11-75
10-76
1 /77
10 78
600
10*73
3,mi
8.C00
1,8 JJ
U -80
10*31
10-62
...10-83
2,100
1,800
bales.
200
400
cts
10-87
lt/88
66,2 30 total Oct.
For November.
1/00
10-50
00
1C*6J
4,200
3 0)0
1 500
192,500
710
100
10-51
10-52
IQ- 3
€00
800
4(f)
400
1,600
500
690
700
500
10*54
10*55
lt-5>
1 -57
lC-53
1C-59
10-60
10-61
10 62
10*63
10 64
2,500
10-65
90)
400
1 -35
200
1/00
U-66
11/67
1 -6)
10 69
16-86
1,100
10-70
10-34
1,824,750
17,807
1,000
2,029,834
426,000
191,000
26,000
69,430
8,070
1,000
1,000
17,80 ‘
1,000
921,255
721,500
734,834
•293,000
32,750
92,000
252,000
16,000
373,000
402,000
70,250
112,950
370,000
26,000
194,COO
400.000
37,000
555,000
107,500
227,500
365,000
40,000
685,750
1.023,917
923,459
Total American
1,103,250
721,500
1,295,000
734,834
Total visible
supply. ...bales. 1,709,6b7
1,844,705
1
2,029,834
American afloat to
Europe
United States stock
East Indian, Brazil. dbc.—
....
1,844,705
109,027
431,000
302,000
52,000
125,203
9,962
513,00)
342,500
44,000
115,272
9,145
Continental stocks
For forward delivery, the sales (including
free on board)
have reached during the week 192,500 bales (all middling or on
the basis of middling), and the following is a statement of the
sales and prices:
5,718
9,962
1,000
American—
Liverpool stock
3,700
....
....
125,293
365,000
29,006
40,000
Of the above, the totals of American and other descriptions are cs follows:
United States interior stocks
United States exports to-day
Total
16,000
115,272
9,145
400,000’
26,003
37,000
69,430
8,070
1,000
Total American
bales.1,023,917
Liverpool stock
London stock
Continental stocks
India afloat for Europe
Egypt, Brazil, Ac.,afloat
Total East India, Ac
—
Price Mid. Uplands. Liverpool...
6d.
41,500
921,255
6d.
824,750
7 1-163.
335,000
243,000
29,000
109,0*7
•
8d.
the cotton in sight to-night
the same date of 1876, a
decrease of 115,083 bales as compared with the corresponding
date of 1875, and a decrease of 320,167 bales as compared
These figures indicate a decrease in
of 135,038 bales as compared with
with 1874.
At the Interior Ports the movement—that is
and shipments for the week and stock to-night,
the receipts
and for the
corresponding week of 1876—is set out in detail in the following
statement:
216
THE CHRONICLE
Week ending Ang. 31, 1877.
Weekending Sept. 1 1876.
Receipts. Shipments. Stock. Receipts. Shipments. Stock.
049
277
215
429
104
182
477
22
1,325
9,U5
1,706
2,783
9,962
1
132
80
200
229
37
31
7
158
160
37
273
213
155
500
92
Memphis, Tenn
Nashville, Tenn...
56
20
133
69
230
4
146
262
72
38
10
.58
89
Total, old ports
606
Dallas, Texas
Jefferson, Tex.
Shreveport, La
Vicks burg,Miss....
Columbus, Miss....
Eufaula, Ala
Griffin, Ga
8
30
88
82
1
Augusta, Ga
Columbus, Ga
Macon, Ga. (et()....
Montgomery, Ala
..
Selma. Ala
..
Atlanta, Ga
Rome, Ga
Charlotte, N.C
St. Louis, Mo
Cincinnati, O
Total,
new ports
Total, all
The above
•
•
•
•
•
•
•
5,292
87
5
•
•
•
•
153
140
153
384
820
1,075
1,743
1,681
506
967
400
707
324
•
15
1
150
113
607
totals show
,
3,068
that
*
•
•
•
•
•
•
535
480
237
128
65
1,156
1,240
685
1,017
5,334
321
418
8
130
132
•
.
•
•
1,471
15
19
10
48
112
473
86
79
S41
2,215
4,300
1,339
1,673
7,564
7,133
1,839
2,968
11,665
5,751
15,627
17
463
4
200
16,278
the
old
3,545
interior
9
stocks,
111
296
53
285
nave
decreased during the
week 654 bales, and are to-night 817
the same period last year. The receipts at the
bales less than at
have been 1,100 bales less than the same week last year.
Weather Reports by Telegraph.—There are many com¬
came towns
plaints this week of shedding on account of excessive dry
weather, and some complaints also of rust. It is well to remember,
however, that damage at this stage of the crop from these causes
Is very apt to be overestimated.
All cotton which is heavily
fruited sheds more or less.
Still, at the same time, every one
knows that these conditions may be so long continued as to
result in great injury.
Except these complaints, we have
received none this week, the crop otherwise making favorable
•propreos. excepting in Texas, where accounts appear to be less
favorable.
Gucvceton, Texas.—We have had a shower here this week, the
rainfall reachiig fifteen hundredths of an inch.
The ther¬
mometer has averaged 85, the highest being 93, and the lowest
75.
Crop accounts are decidedly less favorable from the com¬
bined effects of caterpillars, boll worms and drought. The rain¬
fall for the month is one inch and thirty hundredths.
Indianola, Texas.—There have been showers here on two days,
with a rainfall of ninety-nine hundredths ot an inch." The ther¬
mometer has ranged from 75 to 95, averaging 85.
Caterpillars
are still destroying the whole region northward,
which is also
parched with drought. There has been a rainfall of one inch
and thirty hundredths during the month.
Corsicana, Texas.—It has not rained here this week and we
are needing it.
Caterpillars have certainly appeared, though
the injury done is as yet limited, although boll worms and
drought are doing great damage. Average thermometer 82,
highest 96 and lowest 70. The rainfall during the month has
r
been four and four hundredths inches.
Dallas, Texas.—We have had rain on two
Madison, Florida.—We have had no rainfall here this week.
The thermometer has
averaged 84, the highest being 92 and the
lowest 76.
The weather has been warm and dry, and
is.
picking
progressing finely. We believe the statements of injury from
caterpillars are exaggerated.
Macon, Georgia.—Telegram not received.
Atlanta, Georgia.—There have been showers here on.
two days this week, the rainfall
reaching nine hundredths of an
The thermometer has ranged from
inch.
71 to 90, averaging 84*
Columbus, Georgia.—It has rained on two days of the week, thfr
rainfall reaching one inch and four hundredths.
The thermom¬
eter has averaged 85.
Rust is developing badly. The rainfall
during the month has reached a total of two and eighty-nine
lundredthsinches.
....
....
-
635
494
[Vol. XXV.
days of the week,
and it proved very refreshing, but more is needed, as some
sections are still very dry.
The crop is suffering from the boll
worm and drought.
The bolls are dropping badly and crop
accounts are less favorable.
We hear rumors of the appearance
of caterpillars, but think them of little importance.
Savannah, Georgia.—We have had very light rains
on
days this week, the rainfall reaching four hundredths of
The thermometer has averaged 81, the highest
being
lowest 72.
We have had cool nights but hot days.
an
two
inch.
93 and the
Augusta, Georgia.—We have had a light rain on one day this
week, the rainfall reaching thirty hundredths of an inch. - With,
this exception it has been warm and dry and favorable to the
crop, and accounts are consequently better.
The crop is now
developing promisingly. Average thermometer 82, highest 96>
and lowest 70.
The rainfall during the month has been five
inches and twenty-one hundredths.
Charleston, South Carolina.—It has been showery one day the
early part of the week, but the remaining six days have beefe
clear and pleasant.
The thermometer has averaged 83, the
highest being 91 and the lowest 75. The rainfall has been sevei*
hundredths of
an
inch.
The
following statement we have also received by telegraph,,
showing the height of the rivers at the points named at 3 o’clock
Aug. 30. We give last year’s figures (Aug. 31, 1876) for com¬
parison:
»—Aug. SO. ’77.—w-—Aug. 31, ’75—.
Feet.
Below high-water mark...
Above low-water mark
.Above low-water mark
.Above low-water mark....
Above low-water mark
Inch.
3
Feet.
lack*..
7
1
2
9
13
5
9
O
7
6
14
7
8
21
G
New Orleans
reported below high-water mark of 1871 untile.
Sept. 9, 1874, when the zero of gauge was changed to liigh-watev
mark of April 15 and 16, 1874, which is 6-10ths of a foot above1871,
or
16 feet above low-water mark at that point.
Bombay Shipments.—According to our cable despatch received
to-day, there have been 1,000 bales shipped from Bombay to Great
Britain the past week, and
bales to the Continent; while
the receipts at Bombay during this week have been 1,000 balMu.
The movement since the 1st of January is as follows. These are
the figures of W. Nicol & Co., of Bombay, and are brought
down to Thursday, Aug. 30:
^-Shipments this week-,
Great
ConBritain, tlnent.
1877
1876
1875
1,000
....
1,000
.....
Total.
1,000
1,000
^-Shipments since Jan. 1-s
,—Receipts.—
Great
'CcnBritain, tlnent.
This
week.
Total,
375,000 404,000
719,000
531,000 347,000
831,000
790,000 407,000 1,197,600
Since-
Jan.1
1,000
99*.00ft
4,000
996,000
4,000 lvS8&OOff»
From the
foregoing it would appear that, compared with last
there is an increase of 1,000 bales this year in the week9*
shipments from Bombay to Europe, and that the total movement
since January 1 shows a decrease in shipments of 102,000 bales*
Average compared witn the corresponding period of 1876.
thermometer 88, highest 94 and lowest 74.
The rainfall during
Our cable dispatch also says that the crop is making satisfac¬
the week has been one inch and seventy-eight hundredths, and
during the month three inches and sixteen hundredths.
tory progress, and the prospects are now favorable for a good
JTew Orleans, Louisiana.—We have had rain on three days of season.
the week, the rainfall reaching one inch and thirty-one hun¬
Gunny Bags, Bagging, Etc.—Bagging has been taken rather
The thermometer has averaged 81.
dredths.
There has been a more freely during the week, though the demand is still
light*.
rainfall during the month of three and twenty-seven hundredths
Inquiries are quite numerous but do not result in business. Tie
inches.
sales foot
1,500 rolls, at 12£(§12fc., cash, and at the close
Shreveport, Louisiana.—The condition of the uplands has holders areupfirm
at these quotations.
Butts are moving to a
become more discouraging as the season advances, on account of
moderate exteDt for small lots on spot, and we hear of 700 balesthe continued dry weather ; there are also
conflicting reports of at 3fc. and 450 bales prime at 3£c., the market closing steady
worms circulating.
We are having light receipts of the new at these
figures. Parcels to arrive are quite, and we hear of uc*
staple daily. Average thermometer, 81; highest, 96, and lowest, transactions.
year,
66.
Vick&urg, Mississippi.—We have had
The thermometer has
lowest 66.
no
rain all this week.
averaged 82, the highest being 97, and the
Columbus, Mississippi.—During the week just closed the days
have been warm, but the nights have been cold.
Crop accounts
mre less favorable, and rust is
developing badly.
Little Rock, Arkansas.—The weather here has been clear and
warm, and very favorable for maturing the cotton plant.
The
thermometer has averaged 80, the highest been 95 and the
lowest 64.
bfashville, Tennessee.—The weather during the week has been
very hot, with rain on two days, the rainfall reaching thirtyseven hundredths of an inch.
The thermometer has averaged
76, the extremes being 65 and 88. The crop is developing
promisingly.
Memphis, Tennessee.—The weather here has been warm and
dry all the week, the thermometer averaging 80 and ranging
Liverpool, August 31—4:30 P. M.—-By Cable from Liver¬
pool.—Estimated sales of the day were 8,000 bales, of which
1,000 bales were for export and speculation. Of to-day’s sai^r
6,050 bales were American. The weekly movement is given mm
iollows:
Ang. 10.
Sales of the week.
hale?.
32,000
3.000
Aug. 17.
58,000
Ang. Bt
Aug. 24..
41,000
5b,00C
2,000
1.00C
2,000
22,000
37,000
35.000
26,000
6,000
4,000
4,00*.
4,000
400
of which speculators took
2,000
2.000
2,000
Total stock
918,000
877,060
£06,000
817,000
of which American
593.000
541,000
513,000563,000
Total import of the week
16,000
11,000
15,000
14,000
of which American
4,000
5,000
5.000
3,000
Actual export
4,000
4,000
4.000
4,000
182,000
Amount afloat
178,000
175.000
175,000
of which American
28.000
24,000
2S.00C*
26,090
The fallowing table will show the dally closing prices of cotton for the w eefc:
Forwarded
Sales Ainerican
of which exporters took........
Shot.
Mid. Upl’ds
Toes.
Satnr.
Mon.
©5 15-16..©5 15-16..©6
Wednes.
..©6
Fn.
Thurs.
.@6- ’
.©6
Crop accounts are more favorable.
MlcLOrl’ns
..©6 3-16 ..©6 3-16..©6 3-16 .@6 s-ie
©6%
..@6%
Mobile, Alabama.—Telegram not received.
Futures.
Montgomery, Alabama.—The drought in this section continues,
These
sales are on the basis of Uplands, Low Middling clause, unless other¬
no rain having fallen
during the week, and much damage has wise stated.
been done.
Rust is developing badly.
Saturday.
The thermometer has
ranged from 66 to 97, averaging 81.
Aug. delivery, 5 29-32d.
Ang.-Sept. delivery* 5 29-32®%d.
Selma, Alabama.—The weather, excepting a rain on one day, Sept.-Oct. delivery, 5 29-32(1.
Aug.-Sept. delivery, 5 29-32d.
Oct.-Nov.
has been warm and dry all the week.
Sept.-Oct. delivery, 5 15-lfid.
5 15-16(L
Picking is progressing Oct.-Nov. delivery,
N<>v.-Dec. delivery, 5 15-16&,
shipment, sail, 5 15-16d,
from 62 to 92.
.
.
finely.
Nov.-Dee. shipment, sail,5 15-16d.
Dec.-Jan. delivery, 5 15-.1&1*
September
THE CHRONICLE
1,1877.]
Monday.
European Cotton Markets.—In reference
to these
correspondent in London, writing under the date markets,
of Auir
18, 1877. states:
8
Futures.
Aog delivery. 5 15-16d.
flptr.-Sept. delivery, 5 15-16d.
Sept.-Oct. delivery, 5 31-3*2d.
■OcL-Nov. delivery, 5 31-32d.
Dec.-Jan. delivery, 5 15-16:2>81-32d.
Nov.-Dee. shipm’t, new crop, sail*
our
Aug. delivery, 5 81-82d.
Nov.-Dee. delivery, 5 81-32d.
Oct.-Nov. delivery, 6d.
Nov -Dec.
delivery, 6d.
Nov.-Dee. shipment, sail, 6d.
Dec.-Jan. delivery, &@5 31-32d.
Nov.-Dee. shipm’i, new crop, 5 31*32d.
5 31-32d.
Jan.-Febr shipm’t, new crop, sail, 6d
HHvi
Tuesday.
Aug. delivery, 6d.
Nov.-Dee. shipment, sail, 6d.
Aag.-Sept. de’ivery, 6d.
Aug. delivery, 5 31*32d.
Sept.-Oct. delivery, 6d.
Sept.-Oct. delivery, 5 31-3'2d.
<>ct.-Nov. deliver}*, 6 l-32d.
Oct.-Nov. delivery, 5 31-32d.
Nov.-Dee. delivery, 6 1-32d.
Dec.-Jan. delivery, 5 15-16 £|31-32d.
Dec.-Jan. delftery, 6 1-3 id.
Dec.-Jan. shipment, sail, 6d.
Nov.-Dee. shipment, sail, 6 l-32d.
Nov.-Dee. shipm’t, new crop, 6d.
W EDNB8DAY
Sept-Oct. delivery, 6d.
Oct.-Nov. delivery, 6®6 l-32d.
Nov.-Dee. delivery, 6d.
Dec.-Jan. delivery, 6d.‘
I
.
Aug. delivery, 6d.
Liverpool, Aug. 16.—The following
cotton
can
1 Oct.-Nov.
r-Ord.& Mid-* r-Fr.&Q.Fr.—*
-G.&Fine-^
Sea Island..IS
17*
19
20
22
27
Florida do.. 13
14*
16*
17*
18*
20
Ord.
G.O.
L.M.
Mid.
G.M. Mid.F.
5 11-16 5*
Upland
5*
6 1-16 6 £-16 6*
Mobile. ...5#
5 11-16 5*
6 1-16 8 5-16
6*
Texas
5 13-16 5 15-16
5*4
6*
6*
6*
N. Orleans. 5#
5*
6 1-16 6*
6*
7
Since the commencement of the
year the
speculation and for export have been :
Oct-Nov. shipm’t, sail. 5 31-32d.
Nov.-Dec. shipment, 5 31-32d.
Aug.-Sept. delivery, 5 31-32d.
Dec.-Jan. shipment, new crop, sail,
Dec.-Jan. delivery, 5 3l-32d.
Aug. delivery, 6 31-S2d.
6d.
Friday.
Aug. delivery, 5 31-32&t5-16d.
A*g.-Sept. delivery, 5 15-16d.
Sept.-Oct. delivery, 5 31-32d.
:Sept-Oct. delivery. 5 15-16d.
'Oct.-Nov. delivery, 5 31-32d.
Dec.-Jan. delivery, 5 15-16d.
I
Nov.-Dec. shipment. 5 31-32d.
I Oct.-Nov. delivery, 5 15-16d.
| Nov.-Dec. delivery. 5 l5-16d.
I Oct.-Nov. shipment, sail, § 15
I Nov.-Dee.
/—Taken
1877.
bales.
American
Brazilian
shipment, sail, 5 15-16d.
•(Exports of Cotton(bales)
from New York since
SeDt.la 18T6
Total
ugust August August August
8.
325
Other British Porta.
Tstal French..
22
19
Mid.
G.M.
6 3-18
6 3-16
6*
6*
8*
6*
6*
6 5-18
M.F.
6*
7*
7*
transactions
on
62,515
5,330
65,729
11,770
4,717
12.637
7,289
480
1.770
3,912
27,390
63,970
96,705
120,938
109,560
10.9UO
9,830
i\tao
378,180
180,486
204,442
523,590
India, Ac.
470
8. India, Ac. 29.660
The
following
187S.
168,970
w.
197,090
U.K.in
123,850
Egyptian. Ac. 25,639
Total
outports to date—*
1877.
1876.
bales.
bales.
bales.
173,460
year,
and
bales.
-
249,810
statement shows
5,566
4.920
the
sales and
also the stocks
imports of
on
hand
on
Thursday evening last, compared with the corresponding period
of last
8ALBS, ETC., 07 ALL DESCRIPTIONS.
lies thi s week.Total
Trade.
American..bales 33.2 0
Brazilian
9,010
Egyptian
4,230
Smyrna & Greek 1 Ron
West Indian.... 1
East Indian..
4,730
15.
29.
1,475
3,217
1,475
3,217
2,835
2,835
330
...
«•••
....
330
....
firemen and Hanover.
•
tion.
Total.
3,650
1,280
36,160
130
60
9,150
4,810
...
10
520
270
.
2,240
51,680
..
‘
6,690
...
30
Same
Average
this
-
950
7,000
period weekly sales.
1876. 1877.
year.
1876.
1,161,750 1,156.860 36,630 38,760
213,160 126.890 6,310
3.730
167,*50 156 540 5,050
5,510
l.OrtO
8 0
j
660
1 22,370 21,460
620
275,060 392.350 5,410 7,640
\
1,500 60,070 1,840,410 1.861,160 54,020 56,300
—Imports.
-Stocks.
—*
to
date.
To this
This
352,031
387,465
year.
403,626
6,981
410,610
9,363
11,790
9,368
11,790
15,211
2,878
13,616
28.932
8,689
35.932
week.
American
Brazilian
hales.
5,336
3,700
1,547,513
345
This
day.
162,950
1,511,006
221,106
184,615
934
563,420
141,670
89,200
333
1,630
3,928
no
32,594
254,697
30,953
3)8,391
22,020
60.6)0
14,9 39
2,307,275
2,255,454
Egyptian
Smyrna and Greek
.
West Indian
East Indian
Total
date
1877.
To same
date
1876.
•
•
281,513
•
877,083
Same
date Dec. 31,
1876.
1876.
455 420
261,910
156,550
83,390
105,180
510
73,090
t
15,100 1
106,960
80,510
817,960 534,010
...
•
62
Hamburg
Specnla
...
period
prev’ue
35,434
825
Total
Ex.
port
Same
SXPORTED TO
Havre
Other French ports.
19
16*
*
WEEK ENDINO
fetal to Gt. Britain
Fair. Good
18
bales.
4,040
17,700
...
Liverpool
Mid.
year:
period of the previous year:
A
r-Same date 1870.-*
Actual
exp. from
Liv., Hull & other exp’tf ram
spec, to this date-.
1876.
1875.
ootton tor the week and
16d.
York, this week, show a
'decrease, as compared with last week, the total
reaching 2,955
bales, against 3,279 bales last week. Below we give our usual
stable showing the exports of cotton from New
York, and their
direction, for each of the last four weeks; also the total exports
>»nd direction since Sept. 1, 1876; and in the last column the
total
same
on
121.110
20,200
The Exports of Gotton from New
for the
prices of Ameri*
/—Aetna
5 31-32d.
delivery, 6d.
I Nov.-Dec. shipm’t, new crop, sail, 6d.
Thursday,
•Oct-Nov. delivery, 5 31-S2d.
Nov.-Dee. delivery, 5 31-32d.
are the
of last year:
compared with those
f
I Aug.-Sept. delivery,
■Sept-Oct. delivery, 5 31-32d.
217
•••
120
•
•
•
•
•
•
•
•
•
• •
•
•
•
•
•
•
•
BREADSTUFFS.
Friday. P. M.. Aug. 81. 1877
There was,
early in the week, more activity in the market for
flour,
at
better prices; the improvement,
rather
Vttelte N. Europe,
905
however, was in
62
120
3,550
31,765
67,553
the salability of stock rather than in values.
Shippers
took several
1,124
12
4,014
thousand at |5@5 25 for common extras for Great
750
409
Britain, and
$6 50@6 75 for good do. for the West Indies. There was also a
KMal Spain, Sec.
1,124
421
4,764
good business done in extreme low grades for the Provinces. The
Grand Total...
1,730
6,479
8,279
2,955
433,362
490,374 local trade also “slocked
up” freely. Later the demand was not so
Shipping News.—The exports of cotton from the United active, and receivers, in their anxiety to effect prompt sales, showed
States the past week, as per latest mail returns, have reached a disposition to abate
something of their stronger pretensions.
3,120 bales.
So far as the Southern ports are concerned, these
Yesterday,
there
was a renewal of
however,
activity for export
are the same
exports reported by telegraph, and published in and home
consumption,
with
some speculation in medium winter
The Chronicle last Friday.
With regard to New York, we
extras and higher prices
include the manifests of ail vessels cleared
generally, but to-day business was ag&iA
up to Wednesday
night of this week.
quiet.
Other ports
£05
3,550
....
....
....
Total bales.
Saw Yonx—To Liverpool, per steamers Federico,
300
....Wisconsin, 1,514....Britannic, 497
To Bremen, per steamer Weser, 120
■Boston—To Liverpool, per steamer Illyrian, 165
•
Russia, 524
2,835
120
165
-
The wheat market has been in but limited
supply on the spot,
and prices ruled firm for the first half of the week
; but on Wed¬
nesday, under increased arrivals and free offerings for future
delivery, there
was
received
new
irregular decline.
The first cargoes
spring
wheat
have
been sold at
The particulars of these shipments,
arranged in onr usual form, $1 30 for No. 2
*are as follows:
Chicago, with No. 2 Milwaukee reported at irreg¬
Liverpool. Bremen.
Receipts have been large at all points. The new
Total. ular prices.
TNew York
2,835
120
2,955
Boston
crop
of
spring
wheat begins to move freely, and there is an.
165
165
increase in that of winter wheat.
The quality of both
Total.
spring
120
3,000
3,120
and winter growths is excellent.
active
Yesterday,
there
was
an
Below we give all news received to date of
disasters, &c., to and firmer market, but
to-day
little
was
done
and
the
close
was
weasels carrying cotton from United States ports :
The
easier.
*Orrr of Havana, str. (1,701 tons,
closing bids were : for No. 2 red winter, September^
belonging to F. Alexandre & Sons, New
York), Phillips, from New Orleans, Aug. 13, for Mexican ports, Havana $1 33£, and October $1
31; and No. 2 spring, September, $1 23,
and New York, when on her way from Tampico to
Tuxpan, ran on the
Tuxpan reefs, Aug. 15, and at last accounts had 15 feet of water in her and October $1 21.
hold.
An attemDt was made
by the steame- City of Merida, from New
Indian corn has been rather quiet at variable prises ou the
York via Havana' for Vera Cruz, to haul her
off, but without avail.
LTZ, Mails, passengers and crew saved. Her coal and
cargo were thrown spot, but futures rather tending downward. The scarcity and high
'overboard. The Coast
Wrecking Company dispatched from New York rates of ocean
the 25th the steamer Relief with
freights have been elements ef weakness, to
wrecking gear, men, &c., to get her
off.
The vessel is represented as valued at
$175,000, and said to he which may be added
very large receipts at the West.
insured in America and England.
To-day,
receivers were operating to support-the market, and
regular
Cotton freights the past week have beep as follows:
grades
of
mixed
were
quoted
at
54£c.
for
steamer
and
56Jc.
far
Liverpool.
*,—Havre.—*,—Bremen.—, ,—Hamburg.—>
Steam.
Sail.
No. 2. The closing bids for future delivery were: steamar
Steam. Sail. Steam.
Sail. Steam.
Sail,
d.
d.
c.
c.
c.
c.
c.
c.
c.
Saturday
—<&.* 7-32 comp. * * comp. — * comp. — — comp. —@y— mixed 55^c. for September and 57|c. for October; and No.. 2 da..
7-32 comp. * comp. — * comp. — — comp. — ©—
Monday....
56^c. for September and 58^0. for October.
Tuesday...
7-32 comp. * comp. — * comp. — — comp —<&—
Wedn’day. —@* 7-32 comp. * comp. — * comp. — — comp. —@—
Rye has been active at 81c. lor prime State, for early arrival,
^Thursday.. —7-32 comp. % comp.
* comp. — '— comp. —@— and
66Jc. for No. 2 Western September and October. There is a
Friday
7-32 comp. * comp. — *
comp, — — comp. —<£&—
Market quiet.
liberal export movement for the Continent.
Total.
3.120
....
,
..
—
—
—
of the
an
crop of
CHRONICLE.
THE
218
receipts, but the range of prices
is much reduced owing to the better qualities of the new crop.
To-day, No. 3 mixed sold at 31c., No. 1 do. at 34c., and No. 1
fV0L. XXV
Oats have declined under free
white at 38c.
The following are
the closing quotations:
Floub.
« bbl.
Saperfine State & West-
No. 2
ern
Extra State, Ac
Western Spring
Grain.
i.
£5$ 3 60
Wheat
extras
do XX and XXX
do winter X and XX..
do Minnesota patents..
City shipping extras.. ..
City trade and family
brands
Wheat—No.3 spring,bush $1 00©
128©
No. 2 spring
,
4 15© 4 50
5 10© 5 50
|
|
No. 1 spring
Red Winter
|
Amber do
Corn meal—Br’wine. Ac.
15© 7 75 j
Yellow Western,
6 00© 9 00 |
Southern, yellow
5 10© 7 00 j Rye..
6
5
4
3
75© 9 00
50© 6 50
00© 4 65
00© 3 20
32©
©
White
| Barley—Canada West
I
State, 2-rowed
|
State, 4-rowed'.
Barley Malt—State
| Canadian
i
1877.
*
For the
Since
week.
Jan. 1.
1,809,163
656,68>
8,C00'
...
34,090
418,106
and tne
move¬
Corn,
bush.
bush.
bush.
(56 lbs.)
(32 lbs.)
(196 lbs.)
“
(60 lbs.)
530.447 1,851,783
18,892
Corresp’ng week,’76.
474,063
Rye,
Barley,
bush.
bush.
(48 lbs.) (56 lbs).
108,264
60,694
18,199
2,211
9,629
1.3S0
38,736
750
487,980
2i6,553
222,597
15,150
285,130
2,103
254,062
37,980
14,599
6,810
12,350
74,724
5,085
148,000
132,600
5,700
7,610
1,259
800
350
4,144
26,800
89,797
1,792,942
78,807
149.227
1,385.919
2,557,213
3, Ml,892
753,126
83,157
749,551
3J,146
981,579 2,608,876
181,107
54.4M
101,110
80,237
’75..
Oeta,
Wheat,
bbls.
Total
Previous week
8,980
273,208
8,480
1,643,108
1,4.9,843
1,125,747
8,160
....
343
...
3.910
165,814
54,036
82,533
69,755
Aug.25.2,591,622 15,189,809 54,054,6 39 12.941,404 2,860,134 1,517.189
Same time 1876
3,309,453 29,771,143 51,839,936 15,564,421 3,091.451 1,214,547
Same time 1875
2,957,101 35,742,089 32,619,990 13,590.956 1,711,559 1,780,937
Same time 1874
3,990,514 50,855,769 43,991,438 18.200,361 2 523,013 917.780
Tot Aug. 1 to Aug. 25. 360,780 4,893.234 11,387,044 2.295.537
160,952 607.262
Sametime 1875-6..
373,6^5 3,327,035 9,135,588 1,7 7,713 121,012 217.131
Sametime 1874-5
324,182 5,360,801 4,911,471 2.909,5*7
166,301 269/08
Same time 1873-4.... 390,683 7,922,516 5,600,772 3,623, lol
307,9(0 191,785
SHIPMENTS OF FLOUR AND GRAIN FROM WESTERN LAKE AND
Tot. Jan.l to
.
FOR THE WEEK ENDED AUGUST
FROM JAN. 1 TO AUGUST 25 :
RIVER FORTS
25, 1S77,
AND
Flour,
Corn,
Wh at,
bbls.
bush.
bush.
92,471 1,074,666 2,566,748
106,915
987,086 2,684,392
August 25, 1877
August 18, 1877
Oats,
bus!!.
676.259
623.721
Ryu,
Barley,
bush.
bush.
37,712
7,8i0
152.225
124,001
10,4 ,0
62,512
906,061 2,492,491
401,4;,9
1,142.104 1,253.560
39,320
14,609
696,932
1.431,319 1,336,118
323,362
48,232
2’,615
2,102,843 1,065,852
383,955
36.U 6
53.218
341,130
1,392,199 1,434,721
18,736
4,733
28,637.223 43,028,522 14,163,400 1,23<,287 1,203,0; 8
28,368,974 47,798,362 13,513,531 1,231.4*8 l,<J0a,503
31,207,669 26.824,752 9,170.715
96',224 3*2 291
39,140,270 33,070,101 11,079,373 1.371,475 2,433,81b
RECEIPTS OF FLOUR AND GRAIN AT SEABOARD PORTS KOI*, tub
WEEK ENDED AUG. 25, 1877, AND FROM JAN. 1 TO AUG. 25 :
Flour, Wheat,
Corn,
Oats,
Bariey, Rjre,
bush.
At—
bbls.
busn.
bush.
bush, husti.
73,224
60
41,5.0
New York
627,408 1,307,616
312,301
Boston
221,800
91,516
44,767
32,450
8,000
1,276
Portland*
1.585
3,000
5,850
2,500
week’76
101,693
week’75
95.338
week’74
122,551
week’73
121,10)
Cor. week’72
71,182
Tot. Jan.l to Aug.25 2,536,235
Same time 1876. ....2,534,906
Same time 1875
3,178,324
Bametime 1874
3,725,034
Cor.
Cor.
Cor.
Cor.
-
Montreal
14,191
113,546
92.603
50,135
Philadelphia
16,390
165,300
279,800
101,000
Baltimore
New Orleans
15,824
13,104
455,000
34,4i2
399,000
51,071
179.C8S
199,721
192,234
4,265,329
,5,851,6'5
5,787,297
6,736,605
1,431,146
1,234.332
746,392
10,169,959
28,406.451
30,664,227
40,971,073
Total
Previomaweek
Oor. week’76
Jam 1 to An25
Bametime 1876
Same time 1875
Same time 1874
*
40,000
150
18,2;*)
...
5,000
....
2,360,740
624,200
8.710
2,789,989
378,18
37,883
2,021,617
421,251
29,100
55.4 3,294 11,016,321 2,116,046
56,493,004 15,6:2,421 2,049,319
33,815,972 10.5f2,357 334,977
29,255,258 12,402,657 755,973
65,9'6
119,951
9,30)
971,455
370.014
199,510
658,804
Supply
of
25,1877,
was as
Wheat,
follows:
Corn,
Oats,
bmh.
372,822
bush.
hush.
592.542
bush.
hush.
4,877
23,100
139,445
13,040
27,000
34,760
117.127
14,726
In store at New York
In store at Albany
In store at Buffalo.
In store at Chicago
In store at Milwaukee
In store at Duluth
In store at Toledo
In store at Detroit
Instore at Oswego.
In store at St. Louis
In store at Boston
In store at Toronto
..
85,393
44.342
68,601
117,310
270,4.8
605,057
•
■
8,194
•
79,573
25,375
527
11,023
153
176.124
338.159
435.023
9,712
3,334,376
2,217,017
359,990
28,000
63,516
22,980
2.29o.88l 10,352,283 1,629,385
7,277,821 7,836,327 2,2o8,324
30,511
7,'556
1,410,576
308,431
Rye.
bush
265,411
246,562
233,418
533,216
2,844
27,1*98
177,357
156,564
619,103
449,952
45&220
308,387
THS DStY GOODS TRADE.
Friday. P. M., Aug. 31, 1877.
week has developed a marked Improvement in the
jobbing trade,and a large
distribution was accomplished by firms
business, while fair quantities of autumn goods
also taken by
The domestic
retailers fiom other sections of the country.
commission houses
effected
a
the auction
goods
rooms.
were disposed of through the medium of
About 5,000 pieces of beavers, manufactured
Merchants’ Woolen Company, were
of the
goods were sold, but at low
Domestic Cotton
9*3,307
Barley,
307,370
187,709
1,00', 6' 4
1,412,163
19,CC6
1,400
3,097
90,633
7,126
70,799
147,598
461.8)0*
65.243
100,217
125,u00
127,767
5,273
50,0(0
40,238
12,(00
37,192
1.700
64,989
306,831
31.0*0
13,161
356,132
151,823
29,013
1,000
111,292
10,8S0
by the
offered at auction, and most
prices.
Goods.—The exports of cotton goods from
August 28, reached 901 packages,
this port, for the week ending
which were distributed as follows:
Brazil 264, Mexico 186, Venez¬
Argentine Republic 87, Central America 51, British
North American Colonies 40, Great Britain 36, British West Indies
38, Hamburgh 28, &c. Since the above statement was made out
some large shipments have been made which will appear in next
report. Prices ruled steady in agents hands, and there were
few changes in quotations aside from an advance on Pepperell
wide sheetings and some numbers of Amoskeag tickings, and a
decline on a few unimportant makes of bleached shirtings.
Brown sheetings and drills were in lair demand by the home
trade and for export, but bleached shirtings remained quiet. Chev¬
iots, denims and dyed ducks were in moderate demand, and
tickings were a shade more active. Grain bags sold freely and
closed firm with an upward tendency.
Corset jeans remained
quiet, and rolled jaconets and glazed cambrics moved slowly, but
cotton flannels were in good request.
Print cloths were quiet and
slightly lower, sales of extra 64x64s having been made at 3|c.
cash, standards at 31c., 30 days, and 56x60s at 3^c., less one per
cent cash.
Prints were distributed in moderate lota to a consider¬
able amount, but moved les3 freely than was expected.
Ginghams
were in brisk
demand, and Renfrew, Amoskeag and Lancaster
uela 121,
dress
styles were advanced 1c.
Domestic Woolen
movement in
Goods.—There has been only a moderate
the fact that the
men’s-wear woolens, owing to
clothing trade are well supplied with goods for the present, and
are consequently operating
sparingly. There was, however, a
fair distribution of worsted coatings, &c., on back orders, and
there was a moderate demand by local and interior jobbers far
small lots of fancy cassimeres, overcoatings, &c., necessary for the
completion of assortments. Cloths and doeskins ruled quiet, but
steady, and there was not much animation in overcoatings.
Worsted coatings and cotton warp worsteds continued in steady
demand, aod several of the most popular makes are sold ahead
Kentucky jeans were rather more active, but
continued light. Flannels were in steady
demand, and blankets were in somewhat improved request, but
dealings in carpets were not of special importance. Worsted
dress goods were sold to a liberal aggregate amount, and there
was a steady movement in felt skirts and woolen
hosiery, but
of
production.
shawls
were
quiet.
Goods.—There
Foreign Dry
Grain, comprising the stocks in
granary at the principal points of accumulation at lake and
seaboard ports, and in transit on the Lakes, the New York canals
and by rail, Aug.
•
bush.
transactions in satinets
26,418
Estimated.
The Visible
...
..
Aug. 26,1876
were
been as fol¬
1,229
Flour,
Cleveland
St. Louis
Peoria..
...
150,000
2.341,265
2,101,909
1 10
THE WEEK ENDING
25, 1877, FROM JAN. 1 TO AUGUST 25, AND FROM
AUG. 1 TO AUG. 25.
Milwaukee
Toledo
Detroit
.
Barley,
17,332
189,013
24,313
90,0* 0
377
42,253
Total
An?. 13. 1877
Aug. 11, 1977
doiDg a Southern
RECEIPTS AT LAKE AND RIVER PORTS FOR
At-
.
. ...
1 25
152,819 18,v 08,02a
249,334 10,834,9-2
.
Chicago...
.
.
bush.
,
162,601 5,514,912
734,149 16,050,271
Rye,
“ . 60,957
591,421
687,7C0 16,800
927,038
Barley. “ .
55,668 2,304,291 2.402,511
....
771,584
Oats,...**
380,963 6,078,350 7,661,467
2,985
105,007
The following tables show the Qrain in sight
ment of Breadstuff's to the latest mail dates:
AUGUST
.
Oats,
bar'll.
*
151,496
4,763,284 17,935,899
“ .1,426,440 20,416,194 14,447.133
Corn.
8C©
..
Corn,
hush.
moderate distribution
of staple cotton and woolen fabrics, and there was a steady move¬
YORK
EXPORTS PROM NEW YORK.
ment in prints, ginghams, drees goods, skirts, hosiery, etc.
Same
1877.
1878.
For¬
time
For the
Since
For the
Since
eign goods were more active in the hands of importers and
week.
1876.
Jan. 1.
week. Jan.l.
2,430,821 33,783
740,304
31,493 1,263,164 jobbers, and considerable quantities of both foreign and domestic
123,725
3,869
150,077
904
111,:94
,
3,477
607,246
95
75©
1 00©
...
.
..
The past
©
©
3 30© 3 35 l Peas—Canada.bondAfree
.
67,667
50©
58©
65©
2!).a
| Oats—Mixed
RECEIPTS AT NEW
C.meal,
Wheat, bus.
.52©
.......
The movement in breadstuffa at this market has
lows :
Flour, bbls.
1 25©
132©
1 3*<©
..
5
7 40© 7 75 |
mily Drands
Southern shipp’gextras..
Rye flour,superfine.. ...
Corn meal— Western, &c.
1 35©
...
White
Corn-West’n mixc.1, new
5 35© 5 75 |
5 8la 7 '5 J
Southern bakers’and fa*
1 20
1 33
1 40
1 38
1 40
1 47
57
58
60
80
37
41
In store at Montreal.
In store at Philadelphia
In store at Peori-i
In si ore at Indianapolis,...
In store at Kansas City
In store at Baltimore
Rail shipments, week
Lake
do
wee s.,.,
Afloat in New York canals
Wheat,
•
•
•
•
•
•
•
•
Bye,
*883
35*345
2.046
5,798
1,698
12,618
a8
was a
freer demand for
imported
goods by both wholesale and retail buyers, and the volume of
business was fairly satisfactory.
British and Continental dress
goods
were
distributed in fair quantities, and black silks,
velvets
millinery silks were in better request. Men’s-wear woolens
continued dull, and there was only a moderate demand for Italian
and
cloths, satin de chenes and cotton velvets and velveteens. Linen
goods and handkerchiefs were more active, and large sales
of
Hamburg embroideries were effected privately and through the
auction rooms.
Gros grain, taffeta and velvet ribbon3 met with
increased sales, and large quantities of ostrich feathers were
disposed of at auction. Hosiery and gloves were fairly active,
and dress trimmings were in steady request.
THE CHRONICLE.
1, lS^.J
September
importations or Drjr Goods.
The importations of
dry goods at this port for the week ending
Aug. 30, 1877, and for the corresponding weeks of 1876 and
1875, have been as follows :
ENTERED FOR CONSUMPTION FOR THE WSEE ENDING AUd.
1875
1876
Pkgs.
Value.
931
$377,315
641
176,2:6
500
428,118
767
144,309
356
120,790
.
,
Pkge. Value.
Manufactures of wool.. . 1,364
$639,*281
do
cotton.- 960
338,433
do
silk
891
692,741
do
flax
746
172.036
Miscellaneous dry goods
605
165,120
-
4,575 $1,977,614
Total
30, 1877.*
1877
,
.
JJx1*>or!U oi A*«adiu* Articles from New fork.
following table, compiled from Custom House returns
shows the exports of
leading articles from the port of New York
to all the
principal foreign countries, since Jan. 1, 1877, the
totals
I lie
for the last week, and
813
3,195 $1,216,798
® ^
°5 ;£4
oo
'13
g? III
^
S 00 82
©
8SSI3
?srn‘0§',3et
“
572,658
178,132
140,141
792
440
also the totals since Jan.
1, 1877
and 1876.
The last two lines show total
values,
including
the
value of all other articles besides those
mentioned in the table.
Pkgs. Valne.
1.371
$570,803
1,0.15
337,400
.
219
oiiiHOWOcOWlTOQO
e-<x1vf-©“ in u-T m"*-T
to
£
2
t* wT O
t-' .-7.0
o ©
~
*o
4,542 $1,799,137
WITHDRAWN FROM WAREHOUSE AND THROWN INTO THE MARKET
DURING THB
8AME PERIOD.
Manufactures of-wool.... 1,110
cotton..
do
do
do
$490,623
889
Silk
flax
Miscellaneous dry goods.
842
344
115,439
•3SHO
$350,470
8\5
$.328,953
_
*
31?
2:7
503
105,616
*-»
30
22,974
1,852
4,542
$745,351
1,799,137
91,333
203
501
212,061
99,340
203
453
177,595
196
29,663
111
25,097
2,399
$937,176
1,958
A'Ident’dforconsumpt’n 4,575
1,977,614
3,195
$734,112
1,216,793
86,582
.
182,063
105,740
*9
~
*
M ao
Op
®
Ot
o rH
Gi
*1*
i—i
CM
—
CO
t-
■
—
o-l
“?♦
•
-o> —
•
50
•
QO
©TP
22«»22
TT CO
rl
© f-
ra’k’t. 6,974 $2,914,790
5,153 $1,980,910
•
Ot
O fO
h
Total...
632
$286,370
40S
$160,297
293
142
474
96,875
158,583
130,164
240
153
228
55,641
139, 984
40,850
357
32,027
51
L898
$704,024
1.030
/Lddent’dforconsumpVii 4,575
•
17,278
761
175
191
773
1,977,614
3,195
1,246,798
Total entered at the port. M73 $2,681,633
4,275*
$1,660,82 3
$305,567
4,542
3
32,749
1,793,137
CO
CO
32!
OOO
toV
<**
vh
■
.
o fiigo^NOftHrt'fT.oo
W X O! f
■OTt'T)'cyOqpi-lwM-£OS
c-O*
C*
co >o CO 00 1
^ o: co c»
to 03
J
CO
co
:
•
QO
.00^
CO
•
O 90
•© O
5
^.2co-r
CO
5,456
4,377
32,107
17,815
Buttons
Coal, tons
Cocoa bags...
..
1,253 613
Coffee, bags
Cotton, bales
3,237
Drugs, &c—
Bark, Peruvian..
Blea. powders...
Hardware
>•—
:
co"
«n
03
■
*;o
•
*
■
:
■
■
40.75S
Gum, Arabic....
Indigo
3,220
3,769
«
•
•
© rp »o «o
O —< CM tW CO -JO >-<
351
956
29,321
Oil, Olive
„
Soda, sal
23.491
31,961 Fish
34,158 Fruits, &c.—
3,107
Lemons
4,2b1
Oranges
3,995
4,224
Hair
1.371
Hides, dressed..
3,208
27,460
1,652
490
Watches
Linseed
Molasses
1,84 i
1,847
297
386
250,842
399,831
83,761
83,625
o'
.03 10*0
Tf O* Tf
CO
•
.SO
*-•
•
.ngf'Ouo
•
•
fft
>n
CO O TT
O —• T-l
.
The receipts of
the same time in
63,525
90,333
Woods—
Cork
Fustic
O tt
■M
(7« »
•Logwood
Mahogany
•
4,076
CP
■
QWCOd
■ H
o
Hides
Hops
“
No.
bales.
Leather
Molasses
sides.
hhds.
Molasses.. .bbls.
Naval Stores—
Crude turp..bbls.
Spirits turp “
Rosin
“
Tar
“
47,250
63,971
809,444
1'3.725
483,102
2.037
189,509
151,496
382,830
5,474
2,423,619
37,470
I
Cutmeats
it
Eggs
it
n
i(
Rice
pkgs.
ii
2,591,215 Starch
40,694
2,809,85b
it
Stearine
2,782.831 Sugar
863
..bbls.
.hhds.
34
Sugar
40,145 Tallow
68,015
Tobacco.
2,363
52,067
ii
Pork
Beef
Lard
Lard
2,461
,
20,771
16,111 |
237.058
.pkgsr
i?
1
...
{Tobacco....
49,374 (Whiskey
Wool
...
■
T-,
3 S
.
aOOMffi
tKO
:r>
•CL)
r-»
^
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30
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i
» «•»
•
.
•
V* —1
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i,.;
an»
ClH
to
teTia
o
a? co
►^°t
.*
J3
:
85 03
. lO
Ti
.toc<
ilflrl
.QOfli
.
•
.
o
.hhds
.bbls.
bales.
11,009 Dressed hogs.. No.
• O
• —•
«
.oaao
0$
mj
•
t-
.
Of)
co
O
•
•
•
•
•
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.
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r-.
ft
o o
CO
gg CO 7* 3
cn —
•
X r-« 1J<
5#tOOJ
to o~
•
1
s2
i
278,963
289.720
22,566
67.618
389,918
33,413
462,216
100,484
36,823
◄ ^
— t.o
3)0)00
^
.
r 33 t*
o O =o
I
«
P
^
oo
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03
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03 03 SO
•
.
<wt*oncoifl»vo
to X Tf O a:
■
co -c?" rr
•
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aT i-T ' oi
2,858
304,222
13,293
74,559
6,182
43,962
741.188
1,414,425 1,230,930
334,801
415.301
115.532
65,453
239,662
12,206
24.081
238 371
238.5.0
12,913
i-T
16,774
251
12,616
45,912
133,292
73,581
1C 1,297
8,781
39,964
140,605
88,556
87,703
611.986
51,690
59.167
85.543
ac
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coco
so' ~ t-T -r -7 eoqjT
T—1
«aD«on«®aD*0®«
25,650
713
;s2s
CO to S
rr
«lI'TSCOf>Ttt
of
r«
•.on—*
2,785
187.021
sw
O m
to
143.573
104,956
280.333
610,727
356,783
123.700
26,262
258.601
28,301
03t0*O0l T-1-rf—«I;OT!<30
•
.
oi
:
A
oo
$
973,21.3
34,103
7.17,887
236,095
364,756
332,092
799,100
Si
:ss
itrNWoo-if-iOTsiaoo^-i
ic an co co
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31,368
Same
Jan. 1,77 time 1876
it
Barley & malt “
2,304,291 2,402,514
Grass seed...bags
78.026
70,797
5*
•
i
—< O
70.2?9
87,897
Since
.
Hemp
422
Produce.
Same
time 1876
4,915
5g
—<
Z ©
•
Beans
bbls.
Peas
bush.
Corn meal. .bbls.
Cotton
bales.
4sS.8?l
1.110,573
651,555
36,546
113,333
Ginger
Pepper
Saltpetre
.bbls.
Pitch.
Breadstuffs—
Oil cake.... •pkgs.
Flour
bbls. 1,809,763 2,430,821 Oil, lard... ..bbls.
Wheat
bush. 4,763,239 17,935,899 Peanats
“
Corn
20,416,194 14,447,138 Provisions—
Oats
“
Butter.... pkgs.
6,078,350 7,661,467
Rye
Che es e....
“
687,760
591,427
pkgs.
00. QQ <*..—■ £30
to
4) U
5,863.591
98,304
domestic produce since January 1, 1877, and for
1876, have been as follows :
Since
Jan. 1,’77
lO
37,128
606,243
191.775
Cassia
Receipts or Domestic
§1
«
CO «9
773,519
1,184,9*8
585,336
591,407
8,119,691
Spices; &c.—
ij
oo
to «-«
^ o
■
£4,700
802,3*6
1,202.713
513,820
719,488
5.0U,061
Rice
1,144
33,409
Ivory
Jewelry, &c.—
Jewelry
761 936
Raisins
2,119
82,264 Hides, undressed..
1.176
4,253
ludia rubber
211,803
NutsT
•
Bristles
E36.279
Fancy goods
S52
101.974
Hemp, bales
Hides, &c—
Corks
14.771
Gunnv cloth
Furs
789,246
45,425
39,143
~
:
to
.
$
value—
761
34,668
8,677
Soda ash
Flax.
27,228
;
26,507 Cigars.
761
Opium
Soda, bi-carb—
Wines
Wool, bales
2,617 Articles reported by
999
Madder
Ashes
696
56,526
89,160
Champagne, bks.
20,598
3.902
f ®« <»* O
,
TI<
an
H O
2,738 Wines, &c—
•
-x:
•-<
d
Same
2,625
.....
2,360
Cochineal
Cream Tartar...
Gambier
•
-to
531
...
9.779
18,831
to
s
o
a-
2,600
23,053
Lead, pigs
78,709
199,069
763,206
Spelter, lbs
Steel
19,5S3
32,507
6,535
664,877
Tin, boxes
Tin slabs,lbs.
3,631
7,28',316
31,722 Paper Stock
127,889
18,82? Sugar, hhds, tcs. &
9?2 893
bbls
451,161
2,725 Sugar, bxa & bags. 2,084,376
Tea
533,892
23,746 Tobacco
38,958
18.869 Waste
662
18 765
Glassware
Glass plate
»<5^t
5t2"
Cutlery
23,596
214,789
C3 cO
S’"1
no
Metals, &c.—
12,115
--7
2;
an
CC>
co
•
•
Oi XI -CJ* r-t
8,417
cm
to
cm
35 S
al
Jan.1/77 time 1876
Earthenware-
of cot-7
—
CO
ao' o- cJ r—"
China
Earthenware...
Glass
"
o'
1-0
«•«
go
™
•
”
—
«•«
A
[The quantity is given in packages when not otherwise specified.]
China, Glass and
•O
«
77
Since
3
1.1-
6,7:30 $2,493,116
Same
-50
oo'oe»:i-®5
8?
$693,979
following table, compiled from Custom House returns,
shows the foreigu imports of leading articles at this port since
January 1, 1877, and for the same period in 1876:
1,’77 Mine 1876
'O.’JIB-H
•
O'Ori
-•32 : :
The
Since
tO
2 05
to
TO
«
Imports of Leading Articles.
Jan.
SB•-«
2*Eo*
74,212
172,733
108,718
283
8,185
$414,033
toco
to oi
T—<
■
S
C f*»
eo
0Q HcocfO
* lO l'* QO
ENTERED FOR WAREHOUSING DURING SAME PERIOD,.
Manufactures of wool....
do
cotton..
Bilk
do
flax
d0
M scellaneous dry goods.
jjw
O
nnjlwrt wao
TO
6,404 $2,544,488
o
•©teOt—l—M
•Qoifl Ji-cnf0OW(0OO
~
«
CO
Total thrown upon
^
o
OHOOO'Dtflin»NOt»
o
z;
^to'o
ao ~ ilO 03
N CO
!?«=)
•—
*1« CO f 71
■
t- o
o*
OOlOWffMS
'-JJTTOJOl-Ooi-ir'iO :3f WOO
3^—JO s»—<© i-«X ?* —
— O
•
TO 09 •©
A
Total
'0 3)T»«Nf!!0-J*
o
‘t
X3 ®
—
.
•
00©
THE CHRONICLE
220
UKNEHAL
PRICES CURRENT
&SHB8—
Pot, first sort
P lb.
BBEADSTUFFS—See special report.
4 *»
BUILDING MATERIALS—
Bricks—Common hard,afloat..p M
d 1 50
9 10 00
9 27 00
o
®
& 1 15
9 70 00
9 22 00
33
o
9 40 00
38
00
o
@ 75 00
2 50
8 uo
23 00
1 20
80
Croton
Philadelphia
Cement— Rosen dale
P bbl.
Aims—Rockland, common....V bbl.
Rockland, finishing
Lumber— Pfne.g’d to ex.dry.p
M it. 45 00
18 00
Fine, shloplag box
25
do tally boards, com .to g’d,each.
Oak
V M. it. 3> 00
3
5
00
Ash. good
70 00
Black walnut
22
Spruce boards A planks, each
13
Hemlock boards, each
28
18
®
9 35 00
d 2 75
9 5 25
9 5 CO
9 3 00
&
Maple
V M. ft. 30 00
Mail*—10® 60d.com, fen. A sb.p keg
4*25
Clinch, lx to 3 in. A longer
Sdflne...
....
Cntsplkes, allsizes
Faint*—Ld.,wh.Am,pnre, in oil P ft
....
10*
9
8
9
6*»
9 9
1 75 ®
Lead,wn., Amer.,pure dry
Sine, wh.,Amer. ary. No. 1
line, wh.. Amer.,No. 1, In oil
Paris white. E^a., gold.... V 100 ft.
BUTTER— New—(Wholesale Price*)—
Dairies, palls, gh* to p’me St Ate V ft.
West’n fact’y, tabs, g’d toch’ce "
HI flrk.,tubs,State, f'r to prime “
Welsh tubs, State, com. to p’me “
7*
10
2 00
24
15
20 9
U 9
15 9
13 9
CHEESE—
State factory, fair to choice
Pib
Western factory, good to prune.. 44
9
20
20
111.
10*
ft
9*@
COAL—
Liverpool gae cannel
Liverpool house cannel
Ahthbacitk—
Penn.
10 00ft 11 00
18 00ft 14 00
D.L.AW. D.AH. P.AR.
L. A W.
8t*mb.
Grate...
Bgg
..
(No definite prices at present.)
.
Stove...
do
gold.
do
do
do good,
prime,
44
“
gold.
gold.
Java, mats
Native Ceylon
Mexican
gold*
Jamaica
Maracaibo
Laguayra
St. Domingo
Savantlla
Costa Rica
16*ft
I8fc@
19*0
24 ft
20 a
-
18*®
13 <4
I8*ft
19
I6*a
18*®
IS ft
44
“
gold
gold.
“
44
gold.
gold.
“
M
19*
20
2i V
27
20*@
“
44
gold.
gold,
gold.
17
22
21
20
20*
21
17
20*
21
V ft
BOltS
9
ft
9
28
17*a
18
Sheathing, new (over 12 ozj
Braziers* (over 16 oz.)
American Ingot. Lake
COTTON—dee special
DRUGS A DYES—
Alum, lamp. Am
SO
30
report.
V ft cur.
gold.
Argols,crude
Argols,refined
Arsenic, powdered
“
IX*
<8
ft
22
30
26 9
2
44
Bicarb, soda,Newcastle.V 100 ft “
4 00
4
Blehro. potash
Ptt car.
12
Bleaching powder
V K‘0 ft. *•
l 2?*® 1
Brimstone,crude, per ton
gold 2i to ft 27
3 9
Brimstone, Am. roll
*ft..cur.
_
Camphor refined
**
Oaatoroll.E.I.lnbond. pgal..gold.
V 100 ft
Carnatic soda
44
Chlorate potash
Ptt
“
Cochineal, Honduras, silver...
••
Cochineal, Mexican
'*
Cream tartar, prime Am. A Fr.
"
Cubebs, East India
car.
Cateh
gold.
Gimbler
'*
Ginseng .... ..
cur.
Glycerine, American pare
Jalap
Licorice paste,Calabria
Licorice paste. Sicily
“
“
“
“
hlooricepaste,Spanish,solid., .gold
Madder, Dutch
Madder,French. E.X.F.F
Nutgalls.blue Aleppo
Oil vitriol (66 Brimstone)....
“
44
cnr.
*•
Opium,Turkey ..-.(in bond), gold.
29
85
20
79
61
try
9
P 100 tt. gold
Soda ash
Sugar of lead, white, prlme.Pibeur.
Vitriol, blue.common
FISH—
"
George’s (new) A Gr’d Bk.cod.p qti.
Mackerel, No.X, vt. shore
Mackerel, No. 1, Bay
ft
ft
cur.
6k
<*3
‘
1
ft
ft
ft
ft
ft
FLAX—
North River, prime
1 SO
8*
4 50
pr.bbl. 19 bb
Pa
fruit—
RatslnifSeeaiess. .... per 50lb.frail
do
Layer, new
do
Loose Muscatel, new
do
London layers
Currants, new
ft
.ft
ft
14
3 40
28*
28
I%
24
2 00
8 75
24
58
1 25
1 30
25
1 :5
19
t>*
ft 5 00
ft 21 00
1877
1875
1875
growths
«*
16*
ft
7*
Nomina1
ft
ft
ft
19 ft
a
Domestic Dried—
Apples,Southern, sliced
do
p case.
p
quarters
Feu'hes, pared, Ga. prime ft choice
4o
unpared, halves and qrs,....
Blaeberries
Raspberries
miortiebemei.M........
12*ft
pa
•jjarter,
State, sliced
ChurriN
plums. State
• M.
”.*'.****
3*
7 50
19*
12*
14
«*
3
ft
a
9
a
ft
ft
a
ft
8PKLTEK—
Foreign
6
11
6*
ft
11*
12
ft
ft
18
ft
ft
5
3
9
Para, coarse to fine
Esmaralda, prised, strip
Guayaquil, p essed, strip.
Panama strip
Carthagena, Dressed
Nicaragua, »heet
Nicaragua,scrap
Mexican, sh^et
Honduras, sheet
45
42
40*
ft
ft
.ft
44
ft
42
80
42
ft
ft
ft
p ton
7. 24 10
35
42*
ft 26 50
Priced,
P ton. 130 00 ftl3‘2 50
P lb.
2 5-10®
5
Hoop, ^x.No^t^lA'.jtfx.lSA'* **
5ft 2 S 10
Sheet, Russia
gold Plb.
1(’*@
11
Sheet, single,double A treble, com.
3*@
4
Rails, Amer., at Works..P ton, car. 33 00 ft 38 DO
Steel rails, at mill
45 00 ft 47 00
...
LBAD-
P 100 lbs, gold 6 fi2*ft
Ordlnary torelgn
Domestic
Bar (discount,
Sheet
**
cur.
lOp. c.)
4 90
6 75
5 (0
ft
P it
7*
“
9
ft
LEATHER22
22
**
Oak, rough
Texas,crop.....
ft
ft
25
21*5
26 ft
31 ft
27 ft
30 ft
24
29
32
31
32
23*
MOLASSES—
Cuba, clayed
p gal
Cuba, Mns.,refin.gr’d;>,50test. **
do
do
grocery grades.
“
Barbadoes
Demerara
Porto Rico.
N. O., com. to prime.
window
32
“
“
'*
43
38
40
“
44
P gal.
glass
bbl.
“
“
“
33 jj
48
46
60
53
“
06 ft
1 80 ft
2 10 ft
2 CO ft
2 62*0
4 50 ft
Almonds, Jordan shelled........p lb.
Cassia, China Llgnea
do
Batavia
do
Calcutta
Mace
Fil»ert<*, Sicily
Walnuts, Naples
Pecan
5
OAKUM—Navy,U.S. Navy A best pu.
City, thin ob’ong.bags, gold, p ton.
Western, thin oblong (Dorn.) cur “
37*
OILS—
Cotton seed, crude
Olive, in casks P gall
.P gal.
Linseed, casks and bbls
Menhaden, crude Sound
Neatsloot, No. 1 to extra....
Whale,bleached winter....
Whale, crude Northern
Sperm, crude
Sperm, bleached winter
Lard oil. Nos. 1 and 2
...
40
4*
11
12*
12
ft
10*
8*
ft
“
Whiskey, 8cot h
“
do
Irish
Domestic liquor*—Cash.
Alcohol (90 per ct)
ft
0
ft
ft
ft
60
1 15
7 45
ft
.ft
53 ft
•
•
•
65
P gall.
blister
cast, Tool....
....ft
“
Refined, standard white
44
17*«
14* a
Naphtha, City, bbls..
“
7*
18*
14*
....ft
8
PROVISIONS—
P bbl. 13 00
“
Pork, mess
Pork, extra prime
Pork, prime mess, West
Beef, plain mess
*•
44
“
hams,West, winter cured. “
Bacon, City long clear
p lb
“
.;
Lard, City steam
13 00
13
*
**
RICE—
Carolina, fair to^prime..,
Louisiana, fair to choice
13 10
9
9
....
ft
....
ft
....
ft 16 (0
ft
ft 13*
ft 6*70
....
6VA
6Vft
•6
M
Rangoon
a
ft
7
7!
6:
**A
....ft
SALTTurk’s Island
....P bush.
St. Martin
Liverpool .various sorts. ....p sack.
•
• i
so
85
....ft
....ft
1 15
ft
2 50
is o
.ft ft.
Clover, Western
13 9
Clover, New York State...
..V bush. 1 60 .<0
Timothy
2 05 ft
Canary, Smyrna
Canary, Sl< fly
..ft
« 05
Canary, Dmch
ft
Hemp, foreign
ft
1 50 ft
Flaxseed, American, roug h...
gold.
Linseed, Calcutta
p 56
....ft
14
SEEDS—
.
Linseed, Bombay......p 55
ft
gold.
ft
Ml
14*®
15
KJf,
ft
SOB
4 n
3 50 9
3 00 A
3 60 ft
3 60 ft
590
2 13 ft
....ft
2®
1 15
»S
400
Store
I4*ft
6*ft
1*
«X
9
M
9
9*ft
10*ft
cur.
Vf>3i
11JC
....ft
•
....ft
1»
•
IO
...ft
castsprlng
machinery
German Spring
....ft
..ft
.
Sr1GAR—
Inferior to common reflni' g....p tb.
7*3
F ir
“
....ft
Good refining
Prime
Porto Hico. refit. fair to prime
**
ft
...ft
1k9
avtd, Nos. 10®!.*
Ce trifugal, Nos. 7@13
“
“
**
Melado
“
ManiH, sup. an I ex. sup
Bat ivia. Nos'1'@12
“
Brazil. Nos 9@ll
“
“
8*ft
9
6
...
Hard,powdered.
do gianulatel
93£
9*
ft
ft
m
“
R fined—Hard, crushed
2*
SI
.4
“
Boxes, c
8*3
7*ft
11*3
1' %9
lh*ft
“
“
cut loaf
8*
11*
»vr
U3ft
k*
ll*ft
Coffee, A. standard
“
do
off A
White extra C
FxtraC o
Yellow C..
Other Yellow.......
Molasses sugars
Primeclty,
Western
“
*4
“
8*ft
••
SYft
1
Vt
u
44
6*ft
63#:
8* A
8 3-3E’
9 Vft
9*
p
44
...
TIN—
Banca
Straits
14
65
10
59
15
1
2
2
2
1
50
1
52*
2 05
....ft
gold. P ft
44
Pbxg d.
Plates.1. C., coke
Plates,char, terne
™
17*.
....3
44
English .refined
15%*3
29Ja
5 75 ft
6 12*ft
5 87*
9 2ft-
TEA—
Hyson, Common to lair
do
do
Yonng
cnr.p ft
Superior to fine
20 ft
iS ft
83 ft
Extra fine to finest
Choicest
Hyson,Com. to fair
19
28
Super.to flue
do
do
do
Ex.flneto finest
Choicest
Ex. fine to finest
Choicest
Imperial. Com. to fair
1.0
SuD.to fine
do
do
Extrafine toflnest
do
Hyson Skin. A Twan. com. to fair.
do
do
Sup.to fine
do
Snp’rtotine
Ex. fine to finest
Oolong, Common to iair##M
do
Superior to flqe
do
Ex fine to finest
do
Choicest
Bone. A Cong.. Com. to fain
do
do
45
24
3sr
55
19
S*
9
ft
ft
ft
9
ft
ft
ft
95
Mb'
si
59
ft
2ft
19 ft
N omlu).
SET
19 ft
49
SO ft
58b
43 ft
29
26 ft
49
30 ft
So
45 ft
25
65 ft
ZB
13 ft
4»
30 ft
55
45 ft
do
do
Ex fine to finest
Uncolored Japan,Coin, to lair
do
J£3S-
9
ft
ft
45
15
22
35
56
65
21
90
42
IS
8unpowder.com to fair
do
Snp.toflne
Snp’rto fine
Bx.fineto finest
TOBACCO—
Havana, com. to fine
5 ft
7 ft
lb ft
5 ft
12 M
90 ft
75 ui
Manufac’d.in♦*bond, black work
bright work..
21
«•
p gal.
Cases
Hams, smoked
“
Kentucky lugs, heavy
PETROLEUM—
Crude, in bulk
50
93
4 CO
English machinery
“
English German,2d A 1st quality “
47*
1 2)
57
3$
1 10
ft
53
1 12
T*
ft
ft
ft
gold.
75 9 1*5 m
S
p gal!.
**
“
Otn
5 UC
ft 35 50
4»
1 10
55
34
70
67
IX
22
22
22
6*ft
Brandy, foreign brands
Rum—Jam.,4th proof
8t. Croix,3d proof
4 W
8*0
....
ft
9
ft
80
85
12
S3
8PIRIT8—
American
American
American
American
American
ft
21
7
Ginger, African
do
90'
1
2
....ft
4* ft
10 ft
12 @
Brazil
21
21
TALLOW-
ft
ft
ft
ft
ft
ft
®
P bbl. 2 75 ft
2 75 ft
“
2 12*ft 2 23
44
Rosin, strained to good strd.p
'•
low No. 1 to good No. 1
•*
low No. 2 to good No. 2
*•
low pale to extra pale..
“
white
do
do
Hemlock.Buen, A’res, h.,m.A l.Pft.
"
California, h., m. A 1
common tilde,h., m. A1
**
rough
....ft
12*3
English blister,2d A 1st quality.. **
ft 18 00
ft 17 10
ft 17 00
16 03
.
P lb,gold
English,cast,2dAlstquality Pftgold
English, spring,2d A 1st quality.. “
*
Pig,American, No.l
Pig,American,No.2
Pig, American, Forge
Pig, Sectcn
Pepper, Batavia
do
Singapore
STEEL—
(S
535
S.*£
SPICKS—
Whiskey
S6*ft
ft
....
5
cur.
70*®
4
...
10
!00 ft.gold.
10*
12*a
None.
None.
ft 5 50
None.
5 00
—ft
11
me
9
&37*« 3 58
■
Nutmegs, Batavia and Penang
Pimento, Jamaica
12
15
13
6
0
Cloves
do stems
....ft
pa
Beef
1 25
2 00
1 90
100 lb.
UX
10*0
8ft
Beef, extra mess
®
16*«
Date*
F gs, layer
Macaroni, Italian
0i)
®
1
1 S5
19
14
17
74
OIL CAKE—
6
Citron, Leghorn
Prune*, Turkish rnew)
do
French
(Luton Ginger
Sardines, V hi.box,
Sardines, ft or box
30*
22
25
«*®
ft
ft
ft
■ft
22 ft
22*
22*
ft
ft
ft
ft
ft
ft
INDIA RUBBEH-
IKON*
per
10*3
SILK—
Usual reel Tsatless
Usual reel Taysaams
Re-reeled Tsatlees
Re-reeleil Cotngoun
NUTS—
32
9
8*ft
6* ft
ft
23*
23*
22*
HOPS-
Tar, Washington
Tar, Wilmington
Pitch, city..
Spirits turpentine
62*
None'
Mackerel, No.I Mass, shore (new). 13 50 ft 15
Mackerel, No. 2, Bay
None.
do
22
22
18
13
15
13
do— gold
Wet Salted—Buen. Ay, selected “
Para,
do....
“
do....
“
California,
Texas,
do.... car.
A. I.stock—Cal. kips, slaught. gold
Calcutta kips, dead green..
“
Calcutta, buffalo
*•
NAVAL STORES—
40
50
ft
ft
22*ft
“
-.
do....
Matainoras
12*
4 35
ft
ft
26*
l 15
21
21
40
25
26
2*
6
6
21*ft
Savanllla,
12*
ft
ft
Prusslate potash,yellow, Am..car.
gold.
Quicksilver
«*•
cnr. 4 00 ft
Quinine
50 ft
Rhubarb, China,good to pr
"
1 25 0
Sal soda, Newcastle V luo tb, gold
Shell Lac, 2d A 1st English. Pttxur.
21 ft
do
do
do
do
Matamoras.
23
23
Slaughter crop
COPPER—
00
00
00
00
8
pit
gold
Domestic, common
Try— Buenos Ayres,selected.pfcgeid
do....
**
Montevideo,
do....
“
Corrlentes,
Rio Grande,
do....
44
44
do....
Orinoco,
44
do....
California,
Cropof
Crop of
Crop of
O.ds, all
Refined, pure
Crude
Nitrate soda
70
HIDES—
Bar, Swedes,ordinary sizes
Ch’nut..
SALTPETRE—
GUNNIES.—See report under Cotton.
HAYNorth River shion’iicr
P 100 a
60 ft.
HEMP AND JU l'EAmerlcan dressed
p ton. 175 30 ft215
American undressed.
130 00 9 135
gold.21)5 00 0210
Russia,clean
“ 270 00 @275
Italian
Manila
ptt “
7*@
Sisal
“
5*®
**
Jute
4*<u
Scroll
COFFEE—
Kio, ord. car. 60and9Gdays.gld.ptt
do fair,
do
gold. •*
[Veu XXV.
le&ff
Sebd leaf—New
44
Pa. assorted
P ft
••
Eng.wrappers*?!-4^
do
fillers, TVIS.
lour, *74^5
Yara, assorted......
«4.
39SB1 15
29
4«
13*ft
ft
"
WOOLAmerican XX
American, Nos. 1 A 2
American, Com hing
ft
15
i®
_
41
36
..........
Pulled..•«.•••.«....»•.
«.m.««.
California. Spring ClipSuperior, unwashed
Fair
Interior.
Burry
28-'
22
18
23
2831/
2»
21
.........
«..
Merlnc, unwashed
Cape Good Hope, unwashed
Texas, fine. Eastern
Texas, medium. Eastern
Smyrna.unwashed
gold.
South Am.
KINC—
Sheet, Foreign
do
Corn,b*lkAbgs.Pbu.
Wheat, bulk A bags..
: »tee.
Beet
......
10 ft....
11 ft ...
7 0 »„...
33J
ft
ft
ft
ft
ft
»:
a
1Z*
»•
»
Mi
ft
8
97*
7*
ft
7*ft
cur,
FREIGHTS—
,—ST*AM.—,
To Liverpool:
*.d. a. d.
Cotton.......... P ft.
....ft*
Flour
P bbl.
3 9 ft
Heavy goods, .p ton.
....@80 6
ft
ft
ft
17
P ft, gold, net
Domestic
4ft
5S<
4S>
3»»
50
Extra, Pulled..............
No. 1,
59
ft
ft
9
36 9
25- ft
Pft
1
2
8A1]
111
r
s. A
7-33. najt
6%
:®o
OA
,d.
1
ft
•
•mm
klM»
..A
@FedFRASER