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MERCHANTS’
HUNT’S
gt
MAGAZINE,
e e It 1
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
VOL. 19.
SATURDAY, SEPTEMBER 12, 1874.
THE CHRONICLE.
Railroad Earnings in August, and
from Jan. 1 to Sept. 1
The Railroad Granger Contest..
257
Specie Resumption
Latest Monetary and Commercial
258
English News
News
THE BANKERS’
Money
Market, U. S. Securities,
I
Railway Stocks, Gold Market
Foreign Exchange, New York
City Banks, Boston Banks,
Philadelphia Banks. National
I
Epitome...........
262
.
etc
Quotations of Stocks and Bonds
| New York Local Securities
I Investment and State, City and
|
Corporation Finances
265
268v
269
270
TIMES.
273 I Dry Goods
274 Prices Current
277
263
GAZETTE.
Banku,
THE COMMERCIAL
Commercial
Cotton
Breaastufts
261
Commercial and Miscellaneous
259
259
278
279
|
and
news up
Satur¬
to midnight of Friday,
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on
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Journal of general Railroad Intelligence,
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fifteenth, of each month.
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WILLIAM B. DANA & OO., Publisher*.
79 and 81 William Street. NEW YORK.
Post Office Box
4,592.
229 millions.
Three
disasters of France had begun. The
circulation had risen to 300 million dollars, and the coin
weeks later the
reserve
war
had fallen below 200 million dollars.
then that the Bank of France
Financial Chronicle is issued
day morning, with the latest
million dollars and the coin
reserve
$l)e <£f)roturU.
The Commercial
A suggestive answer to some of these ques¬
tions may he derived from an attentive perusal of an
article by M. Victor Bonnet in the Revue dee Deux
Mondes for 15th July.
A brief summary of his elaborate
statements is all we have space to give.
It may be of
use, not only for the purpose referred to above, hut also
for the elucidating of some vital
dangers in onr financial
policy both present and prospective.
When war was declared by Louis Napoleon in July
18V0, the note-issues of the Bank of France were 251
expanded.
CONTENT8.
Mr. Bristow and the Greenbacks.
The Outflow of Oar Breadstaffs
to Europe
..:
NO. 481
declared
This limit
was
suspended; its notes being
legal tender and their
million dollars.
It
was
amount limited to 360
soon
extended
by the
Government of National Defence to the maximum of 480
million dollars. After the Commune, in June, 18VI, the
first hank statement showed
dollars and
a
3 to 5 per
reserve
of 110 million
circulation of 442 million dollars.
two-milliard loan
rose
a
was
then
The
made; the foreign exchanges
cent; and gold rose to the premium of 2£
per cent.
At the end of the year the notes of the Bank of
France were authorized to be extended to 560 million
dollars, that the hank might he enabled to lend the
requisite aid to the government. This liberty of expand¬
ing its circulation would probably have been fatal to
the Bank.
Fortunately the Bank managers were too
wary to use it until they could safely do so. The note
issues, except for a few days in February, 18V2, did not
rise above the old limit of 480 millions.
trary a contraction was made
;
On the
con¬
and until the negotiation
of the second loan of three milliards in the
following
September, the circulation was not allowed to expand*
At that time several things had happened to render ex¬
by the publishers.
pansion safe. First, the three-milliard loan, and the
enormous payments which it
generated to and from the
W A complete set of the Commercial
Financial Chronicle—July,
French
1865, to date, is for sale at the offlece. Also
set of Hunt’s Merchants’
Treasury, could not he adjusted without the use
Magazine, 1839 to 1871, sixty-three volumes.
of an increased volume of hank notes.
Secondly, the
demand thus arising for an increased volume of circulat¬
MR. BRISTOW AND. THE GREENBACKS.
ing money was enhanced by a sudden demand for
In looking forward to the
opening of Congress, and to French bank notes throughout the continent of Europe,
the probable suggestions
of onr new Secretary of the where they passed current with more freedom and fre¬
Treasury, the question has often been asked whether he quency than formerly. Thirdly, this foreign demand
might not utilize the experience of the Bank of France, for French notes was followed by a similar
expansion
which, although it suspended in 18V0, in the midst of throughout the interior of France, .where
gold had dis¬
unprecedented financial and political gloom, has con¬ appeared from the circulation to the extent of 300 mil¬
trived to keep its notes at
The small note circulation of the
par, while during the whole lion dollars or more.
time its issues have of
necessity been enormously Bank enabled it to fill both the foreign and the domestic
t# The Publishers cannot be responsible for Remittances unless made
Dy
Drafts or Post-Office Money Orders.
&P A neat file for holding current numbers of the Chronicle is sold
at the
office for 50 cents; postage on the same is 20 cents. Volumes
bound for sub¬
scribers at $1 50. The first and second volumes of the Chronicle are
wanted
and
one
(September. 12,4874.
THE GHRONICLBl
258
chann
pfotfesra h£clhlsod>een qpjetlyin
mg thetfprevious two years. ErenclSyinves-|J^v
|^n ol^apitalpptfe
1$ the
importers,
grain-groWinj* countrii
w|ieat o* barley
or oats or
°f
|#enijo|:s»lfj at>g48,^
rtbe
flour which'd
0>ic^§P»Ab«lw^l
T^eJ|oreign telegraph canset in ^otfa)iL4o||r^lp||j[^y4
short ijot ice.
ce
A third cpndftion is ibe gra^eljof:Jjp
ftgjusujfjg T^e^fp considerable an<| |6curp.ufreights, which we can but partially^control, a&y
Mv^rufea eVbr sifted inwavoivof grpinfor the. ip<Js|» part is exported in foreign bof&pips.
Such is a summary of the facts set forth^hyJ&L ; J£nrnmg to the other class of conditionBj^w^jsnajT first
t
/
,,
France.
foreign subscrip- cite the railroad freights, which form so important a
tions to the three-milliard-loan, but - adds that France regulator
? the? American facilities of export. If any
has since purchased at an advanced, prjee £he?
co^rpbiqatjiou ^nong&our railroad magnates raises the
part of the new Rentes which had been placed abroad. ^ price of 4our grain in Liverpool, the telegraph flashes
^I^I^otttyB^actSjy^ichare elaboratelyexpounded., ? orders tq mur rivals in jtho; Baltic* which w^^de^tiued
He mentions also the heavy
Bonnet.
M. Bonnet suggests three reasons for the stability of the
French currency.
First, he ascribes the merit chiefly to
for ourselves.
can
Hence
railroad men, if
do both their roads and the country a
our
they wish it,
great wrong.
good management of the "Bank of- France. -He Finder our institutions these railroad men are free to
maintains that during the whole period of suspension the make combinations, free to check the movement of our
principle of Adam Smith was never violated—that ; “ to crops to the, seaboard, free to put up the rates of freight
keep i inconvertible :notes at par they should vary with the so as to shut down the gate which lets American breadooinsthat they replace.” In France ,the old specie circu¬ stuffs into Liverpool. We may apply the same rule to
lation. Was hoarded and ceased to pass l but it was there^ the faxjner. He also is. free to make his combinations
hidden, away, a latent element of, wealth—a. source of adversely to himself or otherwise. , lie ean pTpmote his
seefiet, stability to the financial and industrial mechanism, own best interests and the cpmmercial interests, of the
] ftlHherc isjqbvious truth in this view, but MvBonnet pushes, country, or he can act hostilely to himself and hostilely
it too far when he compares, the, notes-of the Bank of to his country.
At present it is said ^at our.farrpers
are
holding back their crops from market because the
F^auce^aa they are mpw, with,>tbe; liabilities.of the old
deposit banks of Yepice, Amsterdam... and, t Hamburg. price is low. If they wait long enough, the farmers of
Ahi claims, on, those, b^PM were payable on demand in? Russia, of Poland, of Germany and' of France will all
gqjtf .But the Bank;of France* while under suspension,- have had time to get their grain to Liverpool or wher¬
iu$qt>#fcged to ppy put any gold.,y J^otwitbstanding, > ever else it may Jbe that the granaries invite..and are
ther/efpre, the heayy: coin reserve in the vaults of the refused American breadstuffs. What price our farmers
no niqtehplder has anlaim, to a single franc of the will be able to command when their European com¬
hoard, t ^eppn<}UyinM>fBpu^h lays great stress on the , petitors have filled nnd satiated the market, we do not
fant that -the, foreign, exchanges, during ithe whole period suggest to men of so much intelligence and education as
under review have .ruled? infayorrof Franee.;, lie explains our Western farmers.
haw they were , somewhat,, artificially manipulated in
Thirty years ago an eminent political economist, Mr.
James
1
Wilson, pointed out a fact .which was just> then
2.:-;Hesexpresses the opinion .that but for this=favor¬
able! biaet in the foreign exchanges thq notes pf the Bank beginning to show itself as one of the fruits of railroad
of .-France. couldnot so easily L have been kept at par. extension. He said that in proportion, as railroad facili¬
YTM^flPjhcis,right or not we may perhaps have an early-] ties brought the consumer aqd (tbe .produ^or cb?.3er
opportunity of discovering ; for the exchanges seem, to together, the stocks of goods in the bands of middlemen
bp turPiPg iurtbe opposite direction. Thirdly) the main were diminished, and there was less time retired in
support of ,the bank,note ini France;has,of course been conveying commodities, froiq tho p}.P^c of production to
th^r.tgpid I reserve .which the ,Bank has so. wisely; accumu¬ the place of consumption. This was very obvious when
lated- / It; is in,,t}ns; point pf \ view thath the example of once pointed out. For everyone, can see that if six
the
of France, is; ,naosf fertile in suggestions with days’ journey by canal be shortened to one, day’p transit
rpgard ^tP' our own financial. situation. We trust that by rail, six days’ supply had been permanently shut up
MrnBrrrto w .wUl giye;due,weight to: this point in the in the canal boats, and that of these six days! deyjjaant
r^pprtr tiQ Cpngress which he is,said,, to he.at present pre¬ supply five-sixths would.he saved when the swifter, mode
paring, i All that, he; qan officially do to, promote specie • of transportation became g.eperal by the pii)bjplip^i,on
vmmtej ^w ity .frfi Awdted, fa a
^uggestipne, of railroads. Mr. Wilson elaborated this principle by
:^he.: wsfhnpprtantdsrthe accumulation very instructive and luminous illustrations.-- Since his
i^^yreasu^ of ^ adc^ua1^observe of. coin pledged day it has been accepted as one of the best established
and, sef aP^rt for the pltiipate redemption of the greenr ^octrines of practical economics.
Applying it to the case before ns, we may say. that, it
h^s,at .par. r
gives to our farmers some advantages over their rivals in
the
,
.
-
,
.
,
.
,
,
.
.♦>d4 out
.
TO ETJKJOfE.
dnor. Vr>.’ ' ^t^rrrhr* -’<1 ton
-;*•?•• ?-v. t ? -
1
,.ftor-WB^.multiple,d. »ndJt\aye: we^yed
*Mwfer;
patflow ,oi
A^r^pft^iea^tu^s to Europe.'; Several, suggestion,
.
..
S fffi
northern
Europe.
farmer and the
First, the stocky Jield between,,the
consumer.are;so
smalV that whem a
mass
of
grain is sold in Liverpool it is often of the highest
possible moment that it should be set. in mqtion without
W,e^ m~ 'in
ppso^ieis, with s ^elay... Jfow, Yankee ingenuity has ;covered this jcontito.^hpw thpt tjfjfi.pu^w 4epefl(ls.spineu$at upon nent with the best mechanism that the world hasiever
I
three
ponditipns which are .uUjder .opr .consol,
uppn other cpndi^pM which are. beyond om
the latter
.yp must repkon, of co,urse,th<
cr^r^ficipncy ahroadi, wljip^^pginaies.the ^Pmund.foi
for, moving grain swiftly and in prodigious, fjnantities.
No nation in Fnr0Pe has such advantages -for this
seen
-
her machinery with inore energetic,
intelligent operators. In competing,rthereforq, with/the
purpose or can man
;
European grain producers,, we have mzvjT:
to
efrs&e*toir dis
259
THB>CBROKICIiB'
Sept*toton%it834#0
d^Seiefacy 0f>
^nd^bdir drigh1 Ceipts; of ^the;HhiIadelphiaand Erie iRailroad for Uitiiy, /
rate of
wages and of other p^totiofivfe'p6wer.f{15idrfeOYei^; ? 18^4y were ^313,615; expenses, $23tj2Dl.fl4net earnings,
the
ofe^an steamers, as if io aid us in .the struggle, have; ,$82',323.86;n> This amount added do 'the receipts for;the
marked/ flown. their freights to a level which ha§ for previous six months, makes $428*056.60 for seven:months
of this year^ making an amount equabvto the whole nnt
some years constituted one of our most effective aids in
f uliilling the function of raising food for Europe. ■ *?• - receipts of last year within onei hundred dollars, leaving
With these facts in view, we get a glimpse of some of five month’s receipts t6 be added.” ! •
tance;;au¥
186732.^
The following statement of the earnings and expenses
grounds of the general anxiety which prevails about
the outflow of our crops and breadstuffs to Europe. If f of the Chesapeake & Ohio Railroad will be of inucKl
interest to its bondholders::
our greatr, trunk; railroads; will keep <k>wn their rates,
-1874.
1873.—
Earnings.
Expenses.
Edtilings. Expenses.
instead of putting themht»p,-;they,triU secure* so;.far as
lies in them* one of the conditions for relieving the effects fonuary... *' 40,476 82 47,497 92 1:1 '%m 90 ; 82*14 76 83,815 02
February.
68.493 99
61,441 28: -17,052 71-, 93,081 63 88,276 46 9-985 18
of the last year’s panic by helping this year to market the,r Starch.... 89,312 09 69,035 38 20,336 71 .102,995 31 98,686 12 4.309 19
rApftl
<T,581 18 130,111 86 90,869 79 83,761 86
87,857 18• ■ 80,276 05
124,941 26?, %3,m 61 .-36,894 65,,121,624 16 102,138 81 .19,488 35
surplus products which providence has so bountifully ‘ June'
110,901 16 91.600 31 ’ 25,300 85 125,564 07 106,735 21 18,828 86
*
given us.. If our farmers,.with that wisdom which they can Jaly;.«« 123,375 88 ■88,821 28 r 34,644 05 * 15.4,268 17
August
99.713 25 52,334 56 183,009 50
*.
152,047 81
the
-.
j
”
...
1
countries, 1861—1$?3.
’-*
r
•
•
Years:
December ^5’934 81 W40 44
„
1863
.
.
cwts.
18,998,421
26,883,785
^-15,067,366
1864i...i...
;/■
5,755,789
.
2,027,035
8,033,989
1,045,830
9,181,432
.11,791,519
26,04i;838
9,630,000
1860..18.716.768
1870..18.459.926
1871
19,408,107
.......
r
14,166,794
10,055,338
9,187,233
i 10,326,844
15,689,648
17,938,977
r 7,56J,894
1868.
4,538,934
5,129,'410
'
5,926,739
1867
.
4,540,483
t
11,909,338
1865
..
'
974,459 71 ’ 322,013 39
1,296,473 10
Statement of operating expenses
*
for July and August not yet received.
observe the different hearings of the
It is curious to
Granger’s movement upon the railroad question, and one
singular phases has recently been brought to our
attention, in the ardent hopes expressed by a stockholder
'--"sao ;
'v-= i<« *^>4 <4
1
in this city, that the agitation would lead to the passage
of1 laws compelling full and regular returns of railroad
of its
.
.
,
traffic.
Here we see the stockholder of a westbm
road—the. person supposed to he most injured by, the
freights—hopefully looking to,the
Granger movement [as a possible means of getting some
information about a railrodd property, of which he is him¬
self, in the view of the law, a part owner. “ It is an ill
wind which blows nobody any good.”,
r'
reduction of fares and
.
-v>
■■■■a.
RAILROAD EARNINGS IN
[railroad earnings in august.
1874.- ‘
; 1873.
A,Great Western.. ..» *$301;265 /$345,6§7-
->
Atlantic
Atlantic & Pacific.
r
.
Get'many.
cwts.,'
' Russia.
r
> ^
^
ctcts.
t
1861
1862.
91,425 04 ' 86,227 56
.16,318 40
27,469 50
Septemb’r 176,652 60
.October ..... 425.305 50 109,487 10
November’ 105,614 55 ' 78,145 05
.
U.S. and Can.
-»
.
,
.
ETC.; TO GREAT BRITAIN1 FROM VARIOUS
EXPORTS OF WHEAT,
r
•
.
•<;
price hereafter, they, alsP, will have the satisfaction of
accomplishing their part towards the solution of one pf
the financial difficulties which threaten the country. We
hear much in these days of combinations,, of their power
for evil, of the mischiefs they have done and the; dangers
they forebode ; but the combination we: have suggested
between the Liverpool capitalists and our‘ Western far¬
mers is One of which the country would not
complain.
We should like to see i,t tried o^ a greater, scale than has
of.,J.at&:£eemed probable, v As a further ‘incentive to such
a wholesome combination, we submit the following com¬
parative view' of the -quantity of wheat1 and wheat flour
supplied to Great Britain during the last thirteen years
from this continent, and from the chief competing coun¬
tries—Russia, Germany and France :
- ,v
V
A
A
A
-
well exhibit in other matters, will accept the low rates
now current for their produce in preference to a lower
,
i
A
so
r
‘1C
vr :..
,
France, 1
-
459,853
•
Burlington:,CedarHapids & M.
6,653,462
7,930,849
1*359,882
1,961,835
5,778,626
1,857,403
2,854,424
Central Pacific
Chic., Milwaukee * St. Paul..
Cin., Lafayette & Chicago
>
t
,.
cwts,i
6,642,721
7,224,371
!
6,801,657
,,.8.023,630
6,068,902
7,873‘216
2,140,832
846,863
7,224,597
7,546.688
4,437,773
!
2,153,350
1,060,120
182,262
4,258,833
5,183,601
3,012,911
Cleveland, Col., Cin. & Ind...
Denver ft Rio Grande.
Illinois Central.,
Michigan Central.’
Missouri Kansas & Texas.....
4,553,781
.
compared with the previous year ; the Central Pacific*'
Ohio & Mississippi, and Michigan Central for three
.
weeks, being the most conspicuous exceptions .to this,
as;they all present a better exhibit than last year, 1 We
have reports of earnings from several toads, not brought
up to the Month of August or irregular iri some other
respect, so as to be unfitted for classification in the
tables below, some of which are as follows:
767,871
y
■
118,448
.■ 49,998
*
254,230
r *76,770 ;
Toledo, Peoria ft Warsaw
Toledo. Wabash ft Western.;.
-478,475
-
90,718
^ptaj (excluding CMp.ft C.), $6,130,435
■
'•
—
,i!
I,
i
'Taste'
1,048
.
*
Jv.
334,723
22,606
306,561
17,799
' 127:777
r
54,046
222,753
■. <. 62,522
f 136,931
•
•
,
'-•••.
■
~Y1874.
0 ♦
*$3,131,821
Atlantic ft Pacific.:.:..-.
tiirlington* Cedar Rapids& M.
3,143,630
-
-
tt
; 743,992
8.911,903
Central Pacific
$133,463
,
• •
•!
.■>
4.936,099
[issonrl Kahsas ft Texas.....
Ohiflft Mississippi.. ^
St. LOuis, Alton ft T.H.«'main)
1
do
do
branches
St, Louis, Iron M. ft Southern
St; Louis ft Southeastern.....
Toledo. Peoria ft Warsaw...,,
Toledo. Wabash ft Western ..
West Wisconsin.
Total (excluding West
j
;
1,615,710
*768,403
'
,,718,998
3,396,454
604,066
$.,.v,;
. i:
65,447
v
$84,847
64,817
Wr,fS*'
120,321
710,244 .r.-ilsn uj{\
.47,694
;
Mj599’i866
820.889
:
46,444
.mjt6
2,431,516
792,931
837,842
Wis). $46,283,230
Net decrease.....^.......',.,
^587,943
2,070,041
*4,634,387
1,570,125
2,273.936
Central
81.
Increase. Decrease.
5,225,001
247,603
3,286,051
5,935.445
295,297
2,686.251
Chic., Milwaukee ft St Paul.-.
Cin., Lafayette ft Chicago...
Cleveland, Col. Cin. ft Ind....
Illinois Central.Un,
,.t
i
,,
,
678,645
8,791.582
,
n-‘fiu7W
"mi i sJ
46,213
3,203,453
*
14,329
8
’-168/605
$3,219,683
.
47,823
.
699
i j i 1873.
Atlantic ft Great Western..,.
.
'*'
31*477
‘
$6,493,537
,{».
,6P^40
!
647,080
,.
•
\
>
:
336,823
> •*
09’Ml
’
457,964
EAnlNINGS FROM JANUARY 1 TO AUGUST
GROSS
*
49,378
,
| * Three weeks only of August in each year.
-
8,180
66,791
West Wisconsin
■
$44,402
8,324
i
25,728
;769,748
St. Louis ft Southeastern.....
v
Earnings for the month of August &re not' at all uni¬
form, some roads showing an increase, while others
show a considerable falling off,.,, It. will be 'observed,
however, that the old'and leading roads* whose traffic
has come down to a rather settled basis by some years’
continuance, generally show a very decided1 decrease as
704,300
38,155
403,175
*24.685
.,708*808
289,000
324,360
.
3,257,217
AUGUST AND FROM JAN. 1 TO SEPT. 1.
1,251.622
*357,329
Ohio ft Mississippi ....... ..
St. Louis, A1 toil AT.H.(main)
! do ■' -r r -. . do ..;. branches
'St Louis, Iron Mt. ft Southern
i
1,301,000
Decrease.
$
108,400:
It6,280
•
Increase.
451,529
..
f
.
.
-5
930,128
897^861
1,622,779
.
r-
?
822,985
810,717
3,825,252
■yj(r
.><*..
'..lit
'
‘’$47,409,313* 7 $990,150 ^116;233
1»
i
:
;
-.$1^26,083
only of August in each year.1
Three weeks
.
UNION PACIFIC RAILROAD DURING JULY.
THE RAILROAD GRANGER
r
:
'
’
1874.
1873.
,
Gf<*r§: fe*ttildgs
$850,142 90 : :: j : $876338 39
i
$480,062 01
Net earnings
Increase in net earnings
INDIANAPOUB CINCINNATI A LATAYBTTH IN JULY.
..
.
.
....
'
Earning*
Expenae#,),^.,
NeteAiftoiflg*;..
.
-
1874.
j
.viil.U.iv-.*,
$63,364;.
Philadelphia jouraalhas the following
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travelling for two years in this country, studying its
of government.;’This
109.148 institutions, laws and principles
j;f
•ii:S
iu-ari*il3 Jr i-r.
will
now
to
Batav^,
island
of Java, to
gentleman
return
50,025
The ve^ resume, the practice of his profession as attorney-at-law.
1373.
$159,174
..
$141539 •* v
8§.174 (
>
The following communication—a strictly legal view of
f 0,183 .02 .
the Railroad contests now before the Courts*—comes to
$43»,651 37
40,410 64 us from a Holland tourist, Mr. ^Van Yliet, who has been
370,080.89
Expeaws
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260
THE CHRONICLE.
—
We call the attention of
—
"•
[September 12.1874.
"•
--
-
:
"
excludes the idea of modification at will
on the part of the
readers, and especially of
Legis¬
lature,
one
of
the
contracting parties.
legal profession of this country, to his able paper, and
But can it be that a railroad charter is excluded from the
will be glad to publish any replies to it, to promote cor¬
oper¬
ation of the Federal Constitution and of the common
law; in
rect intelligence on this important
subject:
other words, are the Federal Constitution and the common law to
our
the
To the Editor of the Commercial and Financial Chronicle:
be considered
During my investigation of the institutions, laws and principles
of government in this country, of course the contests between
the representatives of a portion of the people through the State
Legislatures, on one side, and the railway companies, on the
other, has engaged my attention.
I do not desire to debate the question in
regard to the hearing
that this action may have on the credit of the companies, how it
may affect the financial condition and the operation of the roads,
or cripple railroad construction in this
country.—these are ques¬
tions of political economy which, no matter how important, are
not decisive, like the questions of law;—btft I desire to
analyze
the constitutional and common-law rules that, in
my opinion,
govern the legal solution of the matter.
My analyzation may not be new or correct, although I have not
yet met them distinctly in the arguments on the subject; but
satisfied that the answer to be given to the four questions formu
lated by me govern the legal solution of the contest, I should
like if any one of my brethren of the law does not
agree with my
interpretation, that he would expound a more lawful one, and
communicate it through this or any other journal.
inhibiting the State from impairing the obliga¬
individuals, but as excluding
inhibition contracts made with itself t
as
tion of contracts between two
from that
Let
They
us see.
are
The words themselves contain
general, and
are
no
such distinction.
applicable to contracts of every descrip¬
tion.
If, then, contracts made with the State are to be exempted from
operation, the exception must arise from the character of
the contracting party, not from the words which are
employed ;
but where is the provision discriminating, in the sense here in
question, between a contract made between a State and a citizen
their
and
one
made between two citizens.
ting provision.
There is
no
such discrimina¬
To the contrary,
a fair construction of the law
would indicate that when the State makes a contract with a
citizen it is
the
footing as when two citizens had made
Why should it be otherwise ?
The strict application of this rule does not hinder the exercise
of that general police power which is inherent to the attributes
of State sovereignty.
By no means do the obligations of a rail¬
road charter-contract extend farther than those of the
rights and
privileges of the citizen. They do extend just so far; they are in
L. N. W. Van Vliet.
like manner subject to proper rules for their regulation,
enjoy¬
ment and protection—but no more.
The State may, in so far as
A Strictly Legal View of the Railroad Contests.
they are publici juris, legislate touching them—not farther. Thus
The solution of the now pending railroad contests in this laws
may be passed to punish neglect or misconduct, to secure
country is confined in the proper answer to the following ques¬ the safety of passengers, and other similar
things growing out of
tions:
the
on
same
same.
the nature of well-ordered civil
First—Having the legal right to charter
corporation for the
construction and operation of a railroad, does the
Legislature,
after a railroad charter is granted to and accepted
by a corpora¬
tion, retain the right “to alter or repeal its provisions at any
a
society, but these laws must be
police regulations in fact, not amendments of the charter in cur¬
tailment of the corporate franchise.
Sic utere tico ut alienum non
laedas is the maxim which lies at the foundation of the power,
and to whatever enactment
affecting the management and busi¬
corporations it can not fairly be applied the
Second—If not, will the insertion of such a provision in a rail¬
The line between what would be a
power itself will not extend.
road charter confer legal rights on the side of the State, and cor¬ clear
invasion of right on the one hand and regulations not less¬
responding legal duty on the side of the incorporators ?
ening the value of the right on the other hand, is not so dim and
Third—When a railroad charter has been granted without
shadowy as often is pretended, and at all events the State must
establishing maximum rates of freight, has the Legislature the be prepared to show to the supreme federal court that her regu¬
right to establish the same after the charter has been granted to lations are within the limits of the proper exercise of general
and accepted by a corporation ?
police power pertaining to it and of absolute exigency to protect
Fourfih—Suppose that it is competent for a citizen to waive the public benefit; the burden of proof rests entirely upon the
the constitutional provision designed for the protection
solely of State—not upon the companies.
his property-rights, and to consent to such action as would be
Therefore, as a provision in a State constitution “that railroad
invalid if taken against his will, then, under the circumstances
charters may be altered or repealed at any time after their pass¬
that the provision in question from the Wisconsin constitution
age” either is intended to retain the same police power as is
has been inserted in the Northwestern Railroad charters, could essential to
each civilized government, or means something else,
the "Potter law” be sustained by the U. S. Supreme Court ?
say, to take from the corporation, under pretence of regulation,
ANSWER TO FIRST QUESTION.
some of its essential rights and
privileges which the charter con¬
The practical legal solution of this question is confined to
fers, it is either superfluous or unconstitutional.
the answer of another question, to wit: If, under a fair construc¬
ANSWER TO SECOND QUESTION.
time V
ness
tion of the Federal
Constitution and the
common
law, railroad
of railroad
When
provision in
State constitution is unconstitutional,
by private contract. The right
of any American citizen to appeal to any provision of the federal
constitution is inalienable; the rights involved in those provisions
not being vested for private, but for public benefit, they cannot
“contract” are entered into.
in any manner be bartered away, abridged or weakened.
Thus a
A railroad charter, after it has been granted to and
accepted by contract made under an unconstitutional
proviso does not bar the
a
corporation, having become a contract between the State and
equitable
rights
of
the
parties
; thus the insertion Of an uncon¬
the incorporators or corporation, neither the State or the Legis¬
stitutional provision into a railroad charter and the submission to
lature are entitled to impair its obligations.
such insertion by the incorporators is a nullity and nudum pactum.
The Federal Constitution in this, the * same as in all other
It has no civil obligation ; it confers no legal rights, nor legal
civilized countries, recognizes and has in view the
object of duty; there are no means allowed or recognised to enforce it:
protecting the rights of property. It separates, therefore, the Ex nudo
pacto non oritur actio.
legislative, executive and judicial functions of the government,
Therefore,'when the provision of the Wisconsin State Constitu¬
and it provides in pro. i of sec. 10 of art. I of the Federal Consti¬
tion “that railroad charters maybe altered or repealed at any
tution that the “States shall pass no law impairing the obliga¬
time after their passage ” was made a part of the Northwestern
tions of contracts.”
railroad charter, that provision being unconstitutional, remains
A provision in a State constitution that railroad charters may be
so, notwithstanding it has become part of the charters; and not¬
“altered or repealed” by the Legislature “at any time after their
withstanding the embodying of such a provision into the charters,
passage,” is a violation of the rights of property as recognized the
incorporators are entitled to full exercise of their rights
and protected by the Federal Constitution, and more especially
under the Federal Constitution.
is it a violation of said pro. i of sec. 10 of art. I of the Federal
ANSWER TO THIRD QUESTION.
Constitution, and is, therefore, unconstitutional.
To claim that such a general provision would be constitutional,
As long as the granting of a railroad charter is a matter of
and at the same time admit that a railroad charter is a contract negotiation between the proper authority and the incorporators,
between the State and the incorporators, would be a contradictio
or a matter of debate by or before the'proper authority, that
in terminus.
The admission that a railroad charter is a contract authority may insist on such stipulations as are proper and
charters
comprehended under the term “ contracts?”
In granting a railroad charter, the State deals with the incor¬
porators precisely as any other party might, by stipulating
equivalent consideration.
Thus all the requirements of a
are
it
•
can
a
a
not be made constitutional
•
September 12,1874.]
THE CHRONICLE.
necessary for the protection of the public; but that is the end of
its control over the business of the railroads as public carriers,
notwithstanding the waiving supposed
said
except the exercise of the general police power essential to the
attributes of
government.
After
a
railroad charter
is
granted and accepted, if it is found that the financial interest of
public ib not sufficiently protected, that cannot be remedied
by one-sided action of the Legislature other than in the way
of
course,
if the respective State Constitutions do
allowing the appropriation and expenditure in question,
not contain pro¬
those constitutions will have to be amended to enable the State
to meet with the necessities of the case.
Notwithstanding it is
a little out of place here, a few words on
practicability of appropriations may be proper.
It may be taken for
granted that increase of population and
increase of improvement will
go on, and that roads which even
at the actual rates of
freight do not now pay, in a few years may
become valuable property.
Consequently, it would not be a heavy
burden for the State to
appropriate even a non-paying road. But
the
*
appropriations of
by yearly
a
sinking fund.
Classify the roads according to their
What to do with it f
ings,
earn¬
say into three classes: class A—roads that do not
pay their
cost of maintenance and
operating expenses; B—roads that pay
cost of maintenance and
operating expenses ; C—roads that pay
more than their cost of
maintenance and operating expenses ; all
the
a
railroad
charter is
is beyond
to be conferred
charters, the
granted to
by the
regulation of
and
accepted
the
such purpose
generally, and in both classes the great question
Jjthe parties at the time of the con¬
summation of the contract.
And the answer to this
question,
and the construction to be
given to all such contracts generally,
is the appropriate and exclusive
business of the judicial depart¬
is, what
ment.
was
the intention of
To that
department, according to the maxim, he who
claims has to make proof, the
State will have to make proof
that it was the intention of the
incorporators that the State
should retain the power to alter or
repeal the provisions of their
charter at any time after its
passage without granting equiva¬
lent
compensation; especially, that it was the intention of the
incorporators that the State should have the power at
any time
to determine
conclusively what shall be reasonable rates of
freight, or that the court has the right to do that itself as
many
times as the State comes into
court,
Within my knowledge, the United States
Supreme Court has
rendered any
judgment from which it c=in be inferred that
it would sustain such
thesis; but even if that were the case,
the law restricts the
conclusiveness of
never
judgments to the parties
Even parties and privies are bound
only so far as regards the subject matter then involved, and would
be at liberty to raise the same
questions anew in a distinct con¬
thereto and their privies.
troversy affecting
some distinct subject matter.
In the seventeenth
century, under the
arbitrary reign of Louis
XIV., the Supreme Court of Paris made known to that
powerful
monarch “que la Cour rend des arrets et non
des services,” (that
the Court was there to render
justice, not to render services.)
May it not be expected that in the nineteenth
century a United
States Supreme Court will not be carried
away by the fancy of
the day of a
prejudiced people?
the
question is, how to pay for it and what to do with it?
How to pay for it t By
issuing bonds bearing a reasonable rate
of interest, and redeemable within a
reasonable time
in
legislative power under
a civilized
government. The Legislature can
say, if it likes*
You shall not carry
freight at a higher rate^than?so much; and
in case you should do
so, the road will be liable to
confiscation,
but in case the
company disregards this order, the State is com¬
pelled to go into court. On the same principles which are to be
applied to contracts between private individuals, a railroad
charter-contract is to be construed by the tribunal established for
the
visions
insertion
freight rates, after
by the incoporators,
once
appropriation of the road. The charter being a contract, the
Legislature cannot modify it; but the privilege granted may be
taken for public use, in the same*manner as the
property of indi¬
viduals.
To operate a railroad as
public carrier it requires
special legislation, and this requirement is the only difference
between the starting of this line of business and that of
any
other business.
That special legislation once granted is—outside
the limits of general police regulations for
securing reasonable
provision for carrying with safety, expedition and impartiality—
binding equally upon the corporation to which it is granted and
upon the authority by which it is granted; what is not in it can¬
not be brought in it
except by the consent of both parties.
As to the question of the
regulation of rates of freight and
passengers, maximum rates have or have not been fixed by the
charters. If they have been fixed, and the
company does not
comply with them, the State, acting for the people, must go into
If maximum rates have not been fixed
court.
by the charter,
the State might go to the courts and run the risk of a
dismissal
of the case, or the State
may again exercise its attribute of
sovereignty, and appropriate the road by the payment to the
owners of its value, to be established either
by agreement or by
arbitration, just the same as the State may appropriate any other
private property, whenever the public exigency requires it for
the benefit of the public
safety, convenience or welfare. Of
261
SPECIE
RESUMPTION.
(Communication.)
With the
highest personal respect and regard for Mr. McCul¬
loch, and the strongest sympathy with his desire for a reform of
the currency, I cannot look upon the method
proposed by him for
that purpose as
you to
1. A
either safe or practicable, and I venture to ask
publish my reasons.
repeal of the Legal-Tender act, before the legal-tender
themselves redeemed on demand in coin,
would, in my
footing of maximum rates of freight to be fixed by the
be
a virtual act of repudiation by the United States.
opinion,
State. Rent the roads
belonging to class A for a reasonable time, And even if such
with a subsidy equal to the estimated
redemption were possible, it could not be safely
deficiency, the amount of
undertaken, until by gradual contraction the equilibrium of
the subsidy
specie
becoming a debt of the road. This contract should
and paper had been restored; otherwise,
be graduated
redemption
would
itself
according as the earnings may be expected to in¬
produce, through the export of coin, a sudden and violent con¬
crease, the lessee paying a percentage on the amount of
capital traction of the
circulating medium, most disastrous to the business
invested, increasing with the increase of
on
the
maximum rate for
rent will
pay
The
same
earnings until,
freight and
at the
passengers fixed by the State, the
the bonds and the sinking fund.
the interest on
principle will cover the classes
B and C.
A practical
here indicated of the present troublesome and
vexa¬
tious railroad contests would be
solution
as
worthy of the spirit and intelli¬
gence
of the great American nation.
ANSWER TO FOURTH
Let
me
first repeat the question:
QUESTION.
Suppose that it is competent for
of the United States to waive the constitutional provision
designed for the protection solely of his property-rights, and to
consent tojsuch action as would be invalid
if taken against his will;
then, under the circumstances that the provision in
question from the
Wisconsin Constitution has been inserted in the
Northwestern rail¬
road charters, could the “Potter law” be
sustained by the United
States Supreme Court ?
Why would that be lawful? Is saidj law, within the limits of
general police power, essential to the attributes of
government ?
No. Does it provide for equivalent
compensation to the com¬
panies? No. Does it purpose to appropriate the roads if the
companies declare their inability to operate them at rates fixed
by the Legislature? No. The fact is that, as the case
stands, I
a
citizen
notes
are
community. Mr. McCulloch no doubt proposes to accomplish
equilibrium by gradual contraction, before the repeal of the
Legal-Tender act takes effect. But considering the
impossibility
of knowing, except by actual
experiment, how far this contraction
must proceed, and the
many obstacles which it may encounter, it
is not safe to fix any definite time when the
irredeemable promises
this
of the Government shall
On the other hand, it is
to
be
legal tender for debt.
obviously possible and comparatively easy
cease
a
for the United States Government to take immediate
gradual redemption of its
the
notes, thus
steps for the
raising them, and with them
National bank currency by
easy and almost imperceptible
stages, to a par with coin, after which the repeal of the
LegalTender act will be a mere matter of form. It
must
not be for¬
gotten that the present National banks have been organized and
carried on under a system of irredeemable
paper currency, and
that, consequently, many of their managers have not the moat
distant idea of the conditions
requisite for the resumption and
maintenance of specie payments. Let the
period of resumption,
therefore, and the repeal of the Legal-Tender act, be fixed at
any
date, however distant, and when that period arrives, unless due
preparation has been made by the Government, a large propor¬
tion of our National banks will find themselves
embarrassed, and
[S^ptemiy r 1%,
THE: CHRQNIGLR
232
:r •
Per cent.
2 @.i..
Jolntstockbanks....
be driven into bankruptcy; a result on every
Discount houses at call
2 @. ..
to be deprecated, and very easily to be avoided.
Discount houses with ? days’ notice
2%@ ...
. 2%@....
2. Mr, McCulloch is as undoubtedly right in saying there can Discount houses withl4 days’notice... ...................
The following are the rates for money at the leading cities t
be no resumption without contraction, as he is wrong in asserting
Bank Open
Bank Open
I
that ** as long as United States notes are a legal tender, the specie
rate, market. I
rate, market
per cent, per cent. |
per cent- per cent.
standard cannot be restored.’' But contraction cannot now be
i St. Petersburg
5# * 5%
Paris
4 '3%
forced upon either banks or people. It must be voluntary on their Amsterdam
I Brussels...!
..
3%
8%
3# 8%
Hamburg.
2#
J
Turin,
Florence
and
r
part, or it will end in failure, as it has done before. For thi8 Berlin
2%
4
Antwerp
'
6
- 6#
3% 2%
purpose all that is needed is to give the greenbacks a specific Frankfort
Bremen
3%
4
Vienna and Trieste....
5
5
quality (similar to that of compound interest notes, but far more Madrid, Cadiz and Bar¬
Leipzig
J 4#
4%
Genoa
5
4%
6
celona
6
gentle in its operation), by making them gradually redeemable in Lisbon
York
New
5@6
and Oporto....
7
7
fixed amounts in the future, which will make it desirable for both
There is still no demand for gold for export, and the supplies
banks and people to hoard them in their reserves, instead of
which have been received, and which have chiefly consisted of
parting with them at the earliest possible moment for all sorts of
United States coin from New York and of sovereigns from South
unprofitable loans and speculations. This course is now greatly
America, have been sent into the Bank. Further considerable
facilitated by the recent law which constitutes the Government
supplies
are due next week, and these will, it is anticipated,
this redeeipipg agent lor the circulation of the National banks >
serve to further augment our stock of idle money.. The silver
so that the whole process could be carried out with ease, sim¬
market, however, is firm, and Mexican dollars are rather higher
plicity and safety under a single act of Congress.
J. S. It.
in prices. The following quotations for bullion are lrotn the
Boston, Sept. 10th, 1874.
circular of Messrs. Pixley & Abell:
acc,ount
many may
»
-
.
.
_
.
—
..
,
•
Cateat
fllanctarg aitir daiumcrcial (gnglisl) News
AT LONDON, AND ON LONDON
RATES OF EXCHANGE
AT LATEST DATES.
Bar
Gold, fine
per oz
Bar
Gold, reflnable
per oz.
Spanish Doubloons
standard,
standard.
per oz.
per oz
8.
RATE.
TIME.
-
Bar Silver, Fine
Bar Silver, containing
Fine Cake Silver
Mexican Dollars
RATE.
TIME.
DATE.
1
Aug. 28.
11.18 @11.19
short.
Amsterdam...
3 months. 25.42%@25.47%
Autwerp
4*
Hamburg
20.64
25.40
@20.68
@25.5!)
25.17# @25.271*
44
.
.
4»
44
3 mos.
short.
44
•
ahia
gio
de Janeiro
•
,
•
•
•
.
.
•
Penang
Singapore
....
Alexandria...
•
•
•
| Aug. 20.
1
Aug. 23.
Aug. 22.
! April 28.
1
'
;;;;
days.
90
i
days
90
Aug. 27. i 6
Aug. 27. i
u. iod.
is. ioa.
•
mos.
4 i
4k
4 i
•
*♦
44
[From our own correspondent.]
London, Saturday, Aug.
—■
•
$4 87
May 8.
Aug. 17.
a
statement
showing the present
•
•
per
d.
s. d.
io @ ....
.
8%@
no
here.
here.
no
.
....
price,
price.
position of the Bank
England, the Bank rate of discount, the price of Consols
quotation for English wheat, the price of Middling
Upland cotton, of No.. 40 Mule yarn fair second quality,
and the Bankers' Clearing House return, compared with the
four previous years :
£
1872.
1873.
£
£
£
£
26,181,308
7,766,445
26,723,523
19,207,563
13,356,411
26,152.981
6,412,545
19.278,806
13,300,368
19,716,503
17,506,589
16,890,097
14,280,283
15,196,103 12,363,741 13,818,865
11.745,244
20.636,733
25,044,463 23.119,281
24,085,225
23,078,119
Circulation, including
£
bank post bills
23.356,459
25%
25@25%
48%
.
25.381,497
Public deposits
5,101,605
5,581,193
Other deposits
19,916,903 23,047,809
13.968,363
Government securities. 12,483 861
Other securities
19,833,314 16,428,660
25% @26
Is.'d.
10% c/.
2%d.
58. 9iid.
50%
52%
U.
4s.
Reserve of notes and
coin
Coiii and bullion ic
both departments....
Bank-rate
Consols
2 p. c.
3% p. c.
9-2d.
51s. 3d.
9cL
93^ d.
92%d
60s. 3d.
9 15-ltid.
Is. l%d. la. l%d.
quality
Clearing House return 69,307,000 71,194,000
94,359,000
..
No.40 mule yarn fair
2d
Upland cotton
29, 1874.
3% p. c.
57s. 4d.
9 l-16d.
English
wheat
Mia.
1874.
1871.
1870.
....
July 30.
...
Hong Kong...
Shanghai
o
....
•
July 29.
#
days.
..
the average
119%
....
Aug. 28. 60 days.
.
....
60
Annexed is
....
Valparaiso
Pernambnco..
Montevideo...
Bombay
Calcutta
..
of
...
•
per oz..none
per oz.. none
.
44
....
....
Buenos Ayres..
..
.
io%@
no price
4
per oz.
peroz.
Five Franc Pieces
10.95
6.23
mos.
4
standard, last price.
5 grs. Gold.per oz. do.
do.
per oz.
Spanish Dollars (Carolus)
....
27,92%@28.0
•
••
•
11.90
25.20
20.30
25.19
short,
....
BUST.-.":-
..
3
44
it
'
-
....
.
.
Aug. 28.
....
Naples....
short.
4 4
44
Paris
short.
Paris
3 months. U.:8%@11.22%,
Vienna
4i
S.26%@ 6.26%
Berlin
44
120% @120%
Frankfort
44
32% @3 3
St. Petersburg
ii
48%@i8%
Cadiz
90 days.
52% @52%
3 mouths. 27.92% @28.0
4»
27.92%@28.0
Genoa
New York
.
SILVER.
LATEST
ON
d.
a.
@
@
3#®
76
peroz,,
United States Gold 0<y«i>
EXCHANGE ON LONDON.
AUGUST 28.
standard.
per oz.
South American Doubloons
EXCHANGE AT LONDON-
d.
.8.
77 9
77 9
77 11
GOLD.
'
BarGold
Is. 3%d.
4,334,775
19,521,232
13,594,013
3
3 p. c.
92%d.
60s. 3d.
p. c
32%d.
57s. 2d.
*8%d.
8 13-16d.
ls.l%d. ♦Is. 0%d
90,051,000 80,245.000
supplies of money have been seeking employment
Price August 20.
during the week, and as there is some indication of further sup¬
In the stock markets there has been more activity than is usual
plies of gold being received and retained here, the directors of
at this period of the year.
The heavy fall which has taken
the Bank have found it necessary to reduce their minimum quo¬
tation for discount to 3 per cent. The advance in the rate to four place in the value of wheat and the increased ease in the money
market have had a beneficial effect, and the rise in prices has
per cent was due, it will be remembered, not to any demand
been general and important. British railway shares, though high
which was likely to prove permanent, but to the adverse move¬
in value, have been daily advancing, the belief being that the
ment in the French exchange, which was caused entirely by the
absorption of French Got ernment securities by English investors present half year’s working will contrast very favorably with for¬
mer half years, owing to the larger trade which is looked for¬
and speculators. French five per cents are now quoted nearly at
ward to in the autumn, and to the diminished cost of materials.
par without any accrued dividend, and consequently it is not
apprehended that there will be any special demand for those Amongst foreign stocks the chief movement has been in Egyptian
and Peruvian, the value of which has materially improved. Turk¬
securities. As tending also to continued ease in the money
ish stocks are also better, and the value of United States Funded
market, it must be mentioned that our wheat harvest proves to be
Wheat has already heavily declined in value, Five per Cents has experienced nn advance. Erie shares were at
an excellent one.
one period rather dull, but a firmer tone has since been apparent,
and it is therefore obvious that we shall have to pay much less
while the second issue of consolidated mortgage bonds has risen
for our foreign importations than has been the case during the
in price four per cent. The market for other American railroad
last two seasons. The future is very encouraging, and, in most
bonds has been firm, and in several instances prices show a rise
branches of commerce, renewed animation is looked forward to.
of \ to 1 per cent. The closing prices of consols and the prin¬
It remains, however, to be seen how far our prosperity will be
cipal American securities at to-day’s market were as follows:
checked by strikes of the employed.
92%'@ 92%
The Bank return shows increased strength, the proportion of Consols, money
United Stares 6 per cent 5-20 bonds, ex 4-0
....
104^(0^105
issue
10S%@108%
do
1865
reserve to liabilities having been augmented from 47 to 48f per
do
1867 issue
109%@109%
cent.
The principal features consist of an increase of £536,741 in
5 per cent. 10-40 bonds, ex 4-0
do
*04 @104,#
do
5 per cent Funded Loan, 18V1, ex 4 0
104%@104%
the stock of bullion, and of £693,651 in the reserve of notes and
Atlanticand Gt West., 8 per cent. Debent’s,Bischoffsheim's ctfs.. 49 @ 50
coin. The demand for money throughout the week has been Ditto 2d Mortgage, 7 per cent bonds
;.... 26 © 27
Ditto 3d Mortgage
12%@ 13
exceedingly moderate, and the rates of discount are now as Erie Shares, ex 4-0
..
30%@ 30%
Increased
*
...,
Fer cent.
3
Bank rate
Open-market rates:
80 and 60 days’ bills
8 months’ bills
2%@2%
Per cent.
4 months’ bank bills
6 months’ bank bills
4 and 0 months’trade
2%@3
2%@3%
bills. 3 @3%
2% @2%
allowed by the joint-stock banks
houses for deposits are subjoined ;
The rates of
discount
preferred
i
Ditto 6 per cent. Convertible Bonds
do
under:
interest
and
cent Consolidated Mortgage Bonds
cent Convertible Gold Bonds
Illinois Central Shares, $100 pd., ex 4-0
New York Central $100 shares
Virginia 6 per cent, bonds, ex 4-0
Ditto 7 per
Ditto 7 per
At a
special meeting of the proprietor® of. the
;
46.
97
93
63
85
95
35
@ 46
@98
@95
@ 64
@87
@ 97
@ 40
Great.Western
September 12.
1874.1
THE CHRONICLE.
Railway Company of Canada,
convened for tlie
purpose of taking
into consideration the
report of the Committee of Investigation >
the .directors
tendered their resignation, which was accepted by
proprietary. A committee was then formed to select a new
the
board, to administer the affairs
of the
undertaking. The late
Company in one
faithfully served it
chairman said that he was not
sorry to leave the
sense, because he needed repose, but he had
for twelve years. When he
first joined the Board the shares were
quoted at 7$, with no dividend. Now the shares
were, in face of
the present crisis,
12$. He felt satisfied with that work. He went
to Canada in
1862, and entered into those
negotiations and made
which showed the
through route to this
He could therefore say that the
those arrangements
Company.
Company
much better position when he left
than it
Board.
was
was
when he
in
11
263
are
over
average, 49 average, and 40 under
average.
the percentage
acreage in the over acreage, ais
In all
compared
with the
percentage acreage in the under average columns, will
afford a true measure of the
result; the percentage acreage of
average having no effect in increasing
or diminishing the yield.
cases
Eiiffllslt market Reports—Per Cable.
" '|
closing quotations in the markets of London and Liver¬
pool for the past week have been reported
by subm,arine telegraph
as shown in the
following summary:
The daily
London Money and Stock
Market.—American securities b&yo
steady, aud close at the opening prices of the week.
The bullion in the Bank of
Eaglaud has increased £260,009
ruled
a
joined the during the week.
The
public sales of colonial wool have exhibited increased
activity, aud the tendency of prices has been upwards.
The wheat crop
having been secured throughout the greater
part of England, and the weather
having of late been very favor¬
able, a strong desire has been evinced to
sell, and consequently
the trade
throughout the week has been very depressed. The
decline in prices is as much as 5s to 6s
per quarter.
New
English red wheat being now quoted at 44s to
48s, and white at
48s to 52s
per quarter. Now that prices have
experienced a heavy
fall, there is more probability of business
becoming more active.
-
»at
Consols for money
92*
“
account...*. 92*
U. S. 6s
(5-20s,)1865,old;.it>8*
“
“
1867....1 109*
104*
,104.*
a. s.io-'ios.......
New 5s
subjoined
1873.
d.
s.
60
39
35
Oats
The
3
6
9
■
1871.
d.
4
7
54 7
33 5
25 10
7
quantity of wheat now estimated to be afloat to the United
is 689,830 quarters, against 723,430
quarters last year.
Kingdom
The
following statistics
Leeds,
the
extracted from the
Yorkshire Post of
relate to crops
of English cereals. The first statement Bbo ws
percentage of acreage of cereajs reported as
producing over
average, average, or under average crops in the several
districts
comprising Great Britain
-Whes it——,
V
>
c
o
.
to
tfl
s]
S3
J-
l-t
u
Grrat Britain
in districts.
to
u
SP
£2
V
P-
Barley
a>
Eh
©%
-Oats
«
.
0)
.
to
rW
Eh
V
£2
S3
l*
'O u
o >
>
a-*.
<1
<
<
<
Per
Per
Per
Per
Per Per
Per Per
Per
cent. cent. cent. cent. cent. cent. cent. cent.
cent.
Southern Counties
72
28
8
25
67
4
12
81
Home Counties
85
15
14
43
43
29
71
South Midland Counties.. 51
49
12
29
69
12
88
Eastern Midland Counties 45
36
io
36
54
10
34
66
West’n Midland Counties. 29
71
*22
71
24
76
North Midland Counties.. 27
73
'
18
82
18
82
North’n Midland Counties 70
23
4
40
50
10
17
83
South Scotland
50
50
8
75
17
13
87
Central Scotland
j.
57
43
29
57
14
15
28
57
Northern Scotland
12
44
7
44
79
14
15
4
78
South Wa’es
66
34
34
66
33
34
33
North Wales
85
15
20
60
20
20
40
40
Great Britain—viz.:m
9
,
,
.
.
rt
#
/
Wales
Total, Great Britain
The
crops
..
40
46
20
4
11
55
40
5
following table shows
reported as producing
•
19
15
25
36
70
38
45
15
37
18
44
38
1
9
75
25
18
16
38
5
18
17
81
87
Sat.
average crops:
so
t-
-Beans6
to
33
2
> H
©
V
>
<
Per
cent.
Southern Counties
Home Counties
South Midland
Eastern Counties
Western Counties
North Midland Counties
Northern Counties
South Scotland
Central Scotland
Northern Scotland
South Wales
North Wales.
Great Britain, viz.:
—
...
....
.
.
..
22
13
14
18
—
50
—
England
Scotland
v
to
■gfi
P ►
Per
cent.
17
17
40
33
13
14
69
89
90
50
cent.
54
66
11
34
83
•
*
Per
—
9
Wales
66
75
74
72
23
It
10
—
to
■
o
►
<
Per
‘cent.
—
17
20
—
—
25
—
20
34
—
55
8
s
a>
5to
d> ;3
GO
53
45
-Peas—
10
20
—
—
U
'
cent.
31
14
54
60
50
40
56
100
60
66
100
50
V
to
rz a
2
e jr
p «*■
>
<
Per
S
.
Per
cent.
69
86
29
20
50
60
19
—
20
—
50
46
70
60
40
49
40
44
10
c
Total, Great Britain
These
figures indicate that
Britain, 55 have
100
are
age,
45
44
11
in every 100 acres of wheat in Great
over an
average crop, 40 an average, and only 5
under average crop.
In every 100 acres of barley there
18 over average, 44 average, and
38 under average. In every
have
are
11
....
acres
of oats
only 5
are over average,
18
are
average, and 77
average. In every 100 acres of beans It are over aver¬
45 average, and 44 under average, In
every 100 acres of peas
d.
23
109*
104*
104*
were:
TuGs.
8.
d.
Wed.
23 0
8 10
23 0
8 10
9
10
31
45
9
10
34
45
0
"8 10
“90
“
10
9
10
S4
45
4
0
4
0
0
0
6
0
0
Thur.
d.
s.
Bi n.
d.
23 0
,8 10
9 0
10 6
8.
0
6
0
0
d.
S.
28 0
8 10
9
0
10 8
_
84
6
35
«
45
0
46
•
Liverpool Provisions Market.—Beef, lard and cheese are
quoted higher, while there is a
falling off in the prices of bacon.
Sat.
d.
92 6
77 6
Mon.
e.
Bjpef (mess) ne\v # tee.,...
Pork (mess) new
$bbi...
Bacon (long cl.
mid.)^ cwt
Lard (American)
“
Cheese(Amer’n fine) **
5.i
62
63
...
92
77
54
62
63
0
6
0
Tues.
s. d.
95 0
d.
s.
6
6
6
6
0
77
54
62
63
Wed.
s.
d.
95
77
54
62
6
6
9
6
Thur.
0
6
6
9
6
63
s.
d.
95
77
54
63
0
6
6
0
6
63
Liverpool Produce Market.—The chafiges in prices
follows:
Frl
d.
0
8.
95
77
54
63
63
are
6
6
0
6
as
common
Sat.
8. d.
Rosin 7common)... $ cwt.. 6 9
^
tine
“
18 0
Petroleumfreflnod'). ...ty gal
(spirits)
n
7
18
.
10
^ cwt. 40 3
Tallowf American)...
Cloversecd (Am. red)..
Spirits turpentine.....
London
Mon.
s.
d.
Produce
Tues.
d.
0
s.
**¥
0
0
1
18
“
37
0
11
40 3
37
0
“
26
6
26
and Oil
Wed.
Thur.
d.
7 0
18 0
8.
8.
0
9*
“
9*
0
7
18
9*
40
11
3
37
0
40
37
26
0
26
.Frl.
d.
7 0
d.
0
8.
0
18
0
9*
11
3
11
3
0
26 0
9*
11
40
37
0
;
40
3T
26
0
0
Markets.—Linseed oil has gain ed
8s.
Sat.
£ s. d.
tn U 10 0
Lins’d
cvke(obi).<19
Linseed(Calcotta)....
57
0
spot, $ cwt
25
Sperm oil......# tun 99 0
Whale oil
“
29 15
Linseed oil..
“
26: 0
6
0
0
0
Mon.
£
on
Tues.
d.
?.
11 10
57
8agar(No.l2D’chstd)
£
s.
d.
0
ll 10
0
0
57
0
6
0
0
0
25
99 0
29 15
26 0
6
0
0
Wed.
£ s. d.
11 10
57
Thur.
0
£ b. d.
11 10 0
67 0
6
0
0
0
25 0
99 0 0
29 15 0
26 8 0
0
Frl.
£
d.
0
67 0
s.
11 10
•
25
99 0
29 15
25 9
0
25
99 0
29 15
26 0
25
99 0
29 15
26 8
0
0
6
0
Cl)MVitiR(;lAL AND MISCtiGLANHOUS NEWS.
Imports
week show
Exports
increase in
and
an
for the
Week.—The imports this
dry goods and a decrease in orenerftl
imports amount to $6,771,208 this
merchandise.
The total
week, against $9,525,261 last week, and $6,871,325
> the
previous
week. The exports are $5,907,998 this
week, against $5,588^)67
last week, and $5,660,319 the
previous week. The exports of
cotton the past week were 4,884
bales, against 4,355 bales last
week. The following are the
imports at New York for week
ending (for drygoods) Sept. 3, and
for, the week ending (for
general merchandise) Sept. 4
:
rORKiaN IMPORTS AT NEW
1871
Dry goods
$3,155;951
General merchandise...
4,977:785
Total for the week..
Previously reported....
$8,133,736
266,146,118
,
YORK TOE THB WEEK.
1872
1878
$3,365,385
1874.
‘5,603,667
$3,276,470
4,520,76?
$3,136,289
8,634,919
$8,969,052
307,560,814
282,348,424
$7,797,237
$6,771,808
275,042,348
Since Jan. 1
In
our
$274,279,854 $316,529,860
$290,145,661 $281,814,056
report of the dry goods trade will be found the
imports of
dry goods for one week later.
The following is a statement of the
exports{exclusive of specie)
from the port of New York to
foreign ports, for the week ending
Sept. 8:
BXPOnTS PROM NEW YORK FOR THB
WEEK.
an
under
Mon.
B.
..
the percentage of acreage of pulse
over average, average, and under
e
92*
92%
108*
.92*
108*
109*
•104*
104*
.
56
43
80
•
Fri.
92*
....
....
England
Scotland...
Thur.
92*
...92* -•
108*
109*
104*
104*
rosin, 3d., and spirits petroleum Id.
higher
refined petroleum $d., and
spirits turpentine 6d. lower.
:
r
104*
;.04*
101*
1870.
s. d.
s.
57
32
26
104*
Wed.
Liverpool Cotton Market.—See special report of cotton.
Liverpool Breadstutfs Market.—The breadstuff’s market closes
firm and higher.
(Red Winter).....
(Cal. White club)
1872.
s. d.
60 3
32 8
26 7
02*
92*
108*
109*
CT. S. 6s (5-20s) 1862
:
1874.
s
d.
Tues.
92*
92*
108*
109*
Tbs quotations for United States 6s
(1862) at Frankfort
The average prices of
English wheat, barley and oats in England
and Wales for last week
compared with the four previous years,
are
Mon.
1871.
For the week
Previously reported.
Since Jan. 1
$4,403,807
.
.
1872.
1873.
1874.
$5,556,354
$5,997,998
159,824,206
$4,909,999
151,593,555
190,229,227
197,869,492
$164,228,013
$166,503,554
$195,785,581
$203,707,490
TUe following will show t^e. exports of: specie from the
port of
New York lor the week
ending Sept, 5, 1874, and since the
264
THE
beginning of tbe year, with a comparison lor the
date in previous years:
Dore silver
Sept. 2—Str. Minister Boon
London
Sept. 2—Str. Abyssinia
Liverpool.... Silver bars
American gold
Sept. 8—Str. City of Merida....Havana
Sept. 3—Str. Cimbria
Hamburg ....Silver bars
12..——SNeactiuornitls
Paris...
corresponding
$10,446
126,000
2,<00
73,290
30,400
100,6' 0
56,000
25,793
87,814
10,000
Gold bars
U. 8.
gold coin
Silver bars
Sept. 5—Str. China
Sept. 5—Str. Republic
.
Liverpool... Silver bars
Liverpool
Silver bars
American
gold
..:
Total for the week
$472,244
40,977,110
Previously reported
Total since Jan. 1, 1874
Same time in873
1873
$41,449,854
Same time in1869
1868
1867
1866
$40,730,429
66,916 003
54,296,201
48,608,939
1871
1870
CHRONICLE.
$25,217,628
this port during the past week have
Aug. 81—Str. Andes
Kingston
Sept. 1—Str. City of Merida.
Sept. 3—Str. Columbia
Sept. 8—Str. City of Havana
Sept. 5—Str. Atlas
manufacturing
the enterprise,
success.”
..Havana
Havana
Havana
Port-au-Prince
Gold
489
25,000
193,810
Gold
Gold
Silver
tors, in order that it may be determined what room can be as¬
signed to foreign nations. Manufacturers and others who pur¬
pose exhibiting on this occasion
their intention promptly. It is
should, therefore, make known
especially desirable that early
provision should be made for the organization of those collective
exhibitions of the natural resources and raw materials of dif¬
ferent sections of the country which cannot be made
by individual
exhibitors. The importance of this, as an incentive to immi¬
gration and to the investment of foreign capital, cannot be
overestimated ; and a liberal provision lor the prompt and thor¬
ough performance of the work will redound to the credit, and i
probably more than repay those States which undertake it. The
75.COO
advertisement of the Director General of the International Ex¬
3,477
hibition, to be found on another page, tells in what
$299,276 plications should be made.
Previously reported
3,898,480
1, 1874
I
Same time In-
$3,058,749 | 1870
2,885 404 11869
7,596,816 | 1968
fully demonstrates the importance of
a strong guaranty for its future
and presents
be known with the least possible delay what
space will be required
in each of the departments ot the exhibition by American exhibi¬
$1,500
Gold
purposes,
—The United States Centennial Commission announces its
readiness to receive applications for space in the International
Exhibition of 1876 at Philadelphia. It is important that it should
c
..Silver
Total for the week
Total since Jan.
Same time in—
1878
1872
1871
other material is carried on. The
transportation of the raw and’
worked material to and from these
places, together with the ship¬
ment of coal, which is here consumed and needed for domestic and
65,022,531
40,989,922
53,348,422
The imports of specie at
been as follows:
[September 12,1874.
manner ap¬
—Attention is called to the business card, of Messrs.
$4,197,706
Jemison,published to-day
$7,751,653
9.875,312
5,642,991
and commission merchants, and as one of the
that city in the line of business indicated, their
Moody &
the last page of the Chronicle.
This firm has long been known in Galveston as cotton factors
on
-
leading firms of.
receipts of cotton
National Treasury.—The following forms present a sum¬ on consignment during late years having been larger, perhaps,.
than those of any other firm. A branch of the house has
just mary otcertain weekly transactions at the National Treasury.
held by the U. 8. Treasurer in trust for National been established in New York, with offices at 23 William street,,
under the charge of Mr. Moody, senior partner, and now offers toBanxs and balance, in the Treasury :
its patrons and former correspondents
Coin cerevery facility for the sale
For
Week
For U. S.
Bal. in Treasury.—* tificates
of cotton shipped on consignment. The business of tbe firm willl
ending Circulation. Deposits.
Total.
Coin.
Currency, outst’d’e. be strictly that of
selling on commission, and speculative trans¬
Aug. 22.. 386.606,100 15,572,200 402,178,300 72,425,119 14,977,348 80,773.600
.
Aug. 29.. 386,146,600 1 6,387,200 402,533,800 70.802,189
Sept. 5.. 386,094,100 16,412,300 402,506,400 68,542,163
13,208,319
14,768,663
29,010,040
28,770,240
bank currency in circulation; fractional currency
received from the Currency Bureau by U. S. Treasurer, and dis¬
tributed weekly; also the amount of legal tenders distributed:
Week
Notes in
Fractional Currency.—* Leg. Ten
ending
Aug. 22
Aug. 29
Sept. 5
Circulation
350,563.493
350.832,653
350,534,203
Received.
1,098,800
Distributed. Distrib’d
677,6<K)
3.167,800
939,800
2,544,50 0
980.000
843,400
2,568,985
Telegraph Consolidation.—A dispatch from Boston, Sept. 9,
stated: “ Important negotiations are said to be on foot, whereby
the Western Union Telegraph Company are likely to become the
owners of a majority of the stock of the Atlantic and Pacific and
the Franklin Telegraph Companies.
This arrangement would
actions will
not be engaged in.
Accounts of country banks;,
bankers, and merchants will be received, and interest allowed om
deposits.
—Western real estate mortgages paying 8,9, and Iff per-cent,
have been
a favorite
investment with private parties for years
Since railroad bonds have fallen into-disrepute with some
investors, the demand for other forms of satisfactory investments
has been on the increase, and attention is directed to the card
of Messrs. Smith & Hannaman, of
Indianapolis, who offer to place
money on choice mortgage security, paying the investor 10 per
past.
cent net.
Eastern
Messrs. Smith &
Hannaman offer references in any
city.
ROCKFORD, ROCK ISLAND & ST. LOUIS.
practically give the Western Union the monopoly of the tele¬
graphs of the United States. As the Union Pacific Railroad Com¬
Owners of Bonds secured by the First Mortgage (Bonds numbered 1 topany are the owners of two and a half millions of the Atlantic
and Pacific stock, which by this transaction would become an 5,000) will find it to their advantage to advise with
available asset, the directors of that Company and others at their
HASSLER & CO.,
headquarters here, manifest considerable interest in the success
7 Wall street.
of the negotiations.”
Erie Railway.—The company has issued a little book called
PUTS, CALLS, DOUBLE PRIVILEGES negotiated at favorable rates
the “ Erie Railway Tourist.” It is printed
handsomely on fine Stocks and other securities bought and sold on margin. “ The Art of Specu^
paper, and filled with engravings, accompanied with descrip
lating in Wall street” given or mailed free to any address by tions of the most attractive views and scenes to whi,ch the road
J. HICKLING & CO., Bankers and Brokers,
leads.
The Starucca Viaduct, Portage Falls, with the
Box 1535.
72 Broadway, New York.
bridge
over the Genessee River,
Watkins’s Glen, Niagara, Hohokus,
Lake Molionk, and scenes on the Delaware, are all
COTTON CONTRACTS
given. It is
,
well worth the while of travelers to get a copy.
Smyrna & Delaware Bay (or Bombay Hook).—This railroad
is under
execution, and the Sheriff of Kent County will sell all
Thursday, 17th of this month in Smyrna, at the
the property on
.instance of several creditors.
Advances made
on
Bought aud sold on Commission only,.
Stock Exchange Collaterals.
Cotton and approved
R. M. WATERS &
COM 56 Broad street.
RAILROAD BONDS.—Whether you wish to BUY or SELL, write to
HASSLER & CO., No. 7 Wall street. N. Y.
—The sale of the South Side Railroad of
Long Island was again
TO BONDHOLDERS OF ROCKFORD, ROCK ISLAND & ST. LOUIS
postponed to the 16th inst.
RAILROAD COMPANY'.
—The New Jersey & New York Railway
Company are offering
for sale through their financial agents, Messrs. Knoblauch and
Holders of Rockford, Rock Island & St. Louis Railroad Bonds, who wish
Lichtenstein, $500,000 of their first mortgage 7 per cent, gold to join the German Committee in their foreclosure suit against the Road, will
bonds at 87£ and accrued interest.
These bonds mature in 1893, please notify the undersigned on or before the 15th instant, and send a list of
and the interested is payable March and
September 1st, either in the numbers of their Bonds.
New York or London, The Company’s
H. OSTERBERG,
pamphlet gives the fol¬
lowing description of the enterprise:
Care of Messrs. Evarts, Southmayd & Choate,
The New Jersey and New York
52 Wall street. New York,
Railway begins at Hoboken,
Or care of Hon. Lyman Trumbull, Chicago, Illinois.
directly opposite Fourteenth street in the city of New York, thence
passing through the range of hills known as the “ Palisades,” by
a tunnel. It thence traverses the Hackensack
MONEY invested in Stock Privileges at the present time will he sure to
Valley, through the
Counties of Hudson and Bergen, in the State of New
yield large returns during the next thirty days.
Jersey, and
We are prepared to negotiate Puts and Calls on members of the Stock Ex¬
the Counties of Rockland and
Orange, in the State of New York. change, or eoually reliable parties, at a distance of 1 to 2% per cent from the
Twenty-two miles of this road are now in successful operation, market on tne active stocks, costing $100 for 100 shares. Double Priveleges,
and though up to the present time it has been
for 100 shares, time 30 days. Parts of 100 shares at same rates. Stock
deprived of the $200
speculations are carried on with privilege contracts by all the principal opera¬
advantages of a terminus on the Hudson, the thrift and industry tors
in New York, and has become the favorite system of operating.
Losses
of a dense population
inhabiting the rich and fertile country are limited to very small amounts, while the chance of profit is made more
certain. Parties entrusting us with their orders may rely on our making the
through which it runs, have, for several years, enabled it to pay most
advantageous contracts possible. We will also make operations against
large interest on its capital invested.
contracts negotiated by us, and hold contracts as margin in place of cash.
“The New Jersey and New York
Railway bat; its present start¬ Among the best stocks for privilege operations are Erie, Lake Shore, C. C.
ing point about eight miles north of the proposed terminus at C.. Union Pacific, and Pacific Mail. All contracts the last 30 day3 on these
have proven profitable ventures. The indications arc that we shall
Hoboken, and runs a distance of twenty-two miles towards Rock¬ stocks
continue to have an active market. Quotations and full information win he
land County. Along these twenty two miles, constructed and in found in the ” Week’s
Doings in Wall Street,” containing the highest and
operation, there are no less than twenty local stations, a large lowest prices of stocks lor the past ten years, with a general review of the
Copy mailed free to any address.
proportion of which represent small manufacturing places, where, present and prospective market.
TUMBRIDGE & CO., Bankers and Brokers,.
to a considerable extent, the manufacture of
iron, wool, cotton and
'•jv 3
2 Wall street, comer Broadway, N. Y.™
“
.
t\
September 12 L874.J
22..11880——PFCeosnpltrs1vie
•v
THE CHRONICLE
265
$l)e Bankero’ <S&a?*tte.
„
Sept.
.
..
Septem¬
♦Thie la the price bid
National Bank of
Lisbon, Iowa. Authorized capital,
an capital
$50,000; paid
$30,000. Harrison Stuckslager,
President; Gotlieb Auracher,
Cashier. Authorized to commence
business September 10, 1874.
The
following Dividends
have
recently been
of bonds
Whkn
P’ablb.
A Sioux City.
-’New York Central Hudson
River
and consolidated Certificates
Books Closed.
2
Oct. 15 Oct. 1 to Oct. 15.
4
Oct. 15
Stock
I
Sept. 18 to Oct.
improvement
in
stocks and the decline in
exchange.
stocks.
home account.
foreign
While this is
New York jobber or
importer, still
caution, and in a financial point of view should mean
safety. There is depression in some
quarters from the confident
manner in which certain
parties are predicting a further
large
decline in our
leading staples, breadstuffs and cotton; it seems
sufficient in this place to
suggest that such extravagant
predic¬
tions about the course of the
commercial markets
during
a given
period more
frequently
false than true.
prove
Money on call continues in abundant
supply at 2@3
'Commercial paper sells at
6£@7£ per cent for
are
Thursday reported
on
Bank of
that the
England gained £260,000 in bullion
during the week,
and the discount rate
remained unchanged at
3 per cent.
The last weekly statement
of New York
City Clearing House
banks, issued Sept. 5, showed a decrease of
$1,361,175 in the
excess above their 25
per cent legal reserve, the whole
of such
excess being
$25,809,500, against $27,170,675 the previous week.
The
following table shows the changes from the previous week
and
a
comparison with 1873
and
1872:
-1874.-
Aug. 29.
Loans anadis.
Specie
Circulation....
Net deposits..
Legal tenders.
’
United
Sept. 5.
18,638.100 ' 18,891,300 Inc.
25,803,300
25,662,400 Dec.
235,000,100 234,746,000 Dec.
67.282.600
States
1873.
Differences.
$278,319,800 $279,084,900 Inc.
65.604.700 Dec.
1872.
Sept. 6.
Sept. 7.
$765,100 $288,374,200 $287,640,000
253,200
21,767,000
13,451,300
140.900
254,100
1,677.900
27,355,500
27,532.900
212,772,700 213,616,200
38.679,900
49,068.500
Bonds.—Government
bonds have been
com¬
easy there, and the
profits heretofore made on these
securities, particularly in Ger¬
many, have been so large as to induce a return
to them, since
railroad bonds have fallen into
discredit.
of securities in London have been
Aug.
28.
U.S.6tf, 5-20’s, 1865
U. S.6s, 5-20*8,1867
U.8.5s, 10-40’s
New 5s
108*
109*
104*
104*
Sept.
4.
108*
109*
104*
104*
Sept.
11.
108fc
109*
104*
104*
,
as
follows
:
-Since Jan.l.
-n
Lowest.
Highest.
106*
107*
103*
102*
Closing prices daily have been as follows:
16,572,600
25,978,850 33,018,950
33,732,200 118,802,150
23
56.943,700 145,719,400
22
87,891,250 222,731.500
22
18,951,000 23,528,000
22 141,229,350
Ill* Sept 11 lib* Feb. 28
Jan. 2 117 Apr. 28
Jan. 6 117* July 23
53,337,950
179,302,900 136,895.000
64,623,512
Tennessees
are
weaker
on
account of talk
about
a
in
The Louisiana Board of
Finance were to have been
New York this week for conference
with bondholders, and to
fund,we suppose, such bonds as might be surrendered
to them for
the purpose.
Railroad bonds have been
strong and in better
demand; the Union Pacific
bonds in particular have made a
sharp
advance on the incomes and new
sinking funds, and all the Pacific
issues are stronger ; the Kansas Pacific
expects now to complete
its funding
arrangements, and to pay half interest on its bonds
after November.
Of the
000
The
Neisy
l^ork Central
and Hudson
mortgage bonds, $3,000,recently sold at 105 for London account.
following stocks and bonds were sold at auction this week :
more
weifc
$10,000 Second Avenue Railroad Company consolidated
convertible seven
per cent bonds. Interest May and
November, 75.
$43,000 Poughkeepsie A Eastern Railroad
Company first mortgage bonds,
10.
$48,300 Middletown Unionville A
Watergap Railroad Company first mort¬
gage bond, 40.
$11,903 50 Past due coupons of the first
mortgage bonds of the Middletown
Unionville A Watergap Railroad
$1,200 for lot.
$7,000 Middletown Unionville Company,
A Watergap Railroad
Company mortgage
bonds, new issue, 20.
$1,715 Past due coupons of the new issue
mortgage bonds of the Middletown
Unionville A Watergap Railroad
Company, $176 for lot.
Closing prices daily,and the range since Jan. 1, have been:
SaTenn., old,ex
6a Tenn, new ex
5.
c
....
c
6a N. Car.,old....
68 N. Car., new...
6s Virg., old
do
conaolld.
Sept.
Sept. Sept. Sept. Sept.
8.
9.
56
10.
11.
....
#19*
»i0
*28
52
*io *
*23
•51*
•20" *20*‘ *26" •20**
•
•
•
•28
*52
•io
*23
*12* *10
*28
*28
•52*
58
52*
deferred.
*9
6aS.C., J. A J.... *15
•i6*
•i7*
*17*
*i7*
6a Mo. long bonds
93
93*
93*
93* •93
*93
Cent. Pac., gold..
90* •90*
90* 90* *90*
90*
Un Pac., 1st
?4* 84* 34* 85
83
85*
do
L’d Gr’t »84* •34*
85
•94*
*86
36*
dolnc.paet due 80*
92
87
83
83
•
Erie 1st M. 7s.'.... *103
CO
*103
•103
•103
*108
N. J. Cen. 1st 7a.. 104*; *104* •105
105
106
•106*
Ft Wayne
104
ayne let 7a.
*104* M04* •101* •104* •Wl*
Boca: laid 1st 7a... *104
•104
•U'4* 104*
do
101* *104*
Since Jan. 1.Loweat
Highest.
t53* July 29 +68 June 27
t54* July 27 t63* June 27
18* Aug. 21 29* Jan. 24
/
16
40
50
Jan.
6
9
Feb. 17
Jan.
10* May
Apr.
90* Jan.
87* July
7
81
75
July
May
78* Jan.
101
102*
103
101
21* Mch. 21
42
Jan. 80
53* June 18
13 11* Feb. 13
20
28
July 7
2 98
May 25
27 96* Jan. 14
15 88 June 80
21 86* Sept. 10
9 89
5 105
Feb. 3 109
July 22 107
Jan. 6 107
Jan.
Mch. 27
Apr. 7
Apr. 28
June 16
June 25
*
paratively inactive, and prices inclined to be rather easier in
con.
sequence of the light demand and the
lower tendency of
gold.
It would not be
surprising, after a while, to see a more active
demand spring up for United
States Governments from
the
foreign markets, as money is generally
very
Closing prices
$.
89,509,900
150,687,100
carried out.
„
indications that
Coupon.
$193,226,450
political issue of the question of lower taxes, but those
best informed as to affairs within
the State say that that this
amounts to nothing,
and that the present financial scheme will be
per cent.
prime names, 3 and
•4 months to run,and
5@6 per cent for first-class
paper of 60 days.
There is little paper
offering, and unless the call loan market
shows signs of
stiffening up pretty soon, there
paper will be easier again.
Cable advices from London
making
not
it indicates
,—Amount Sept. 1.—«
Registered.
27
29
29
29
15
clas®
Bonds.—There has been only a
very
light business in State bonds. Virginias are still in demand on
In mercantile circles,
although we hear from special
branches of trade that business is
lively and better so far than
during the corresponding period last year, the
general expression
is one of less
satisfaction, and the complaint is
lrequently heard
that purchases are limited to
what buyers
actually
need to meet
the immediate demands
upon their
altogether satisfactory to the
coup..
.
each
State and Railroad
—
the
—Range since Jan. 1.
Lowest.
Highest
58,funded, 1881....coup.. Ill
6s, Currency
reg.. 114
Money Market and Financial
Situation.
The
main features of
prominence this week in the financial markets
were
made at the Board.
prices since Jan. 1 and the amount of
outstanding Sept. 1,1874, were as follows:
5s, 10-40*8
19
Friday. September 11. 1874—6 P. M.
The
was
reg.. 115* July
9 120* May
6s, 1881
coup.. 116* July 8 122
Apr.
68,5-20*8, 1862
coup
111* July 30 119* Apr.
68,5-20*8, 1964
coup.. 114
Jan. 6
6e, 5-20*8,1865 .....coup.. 115 Jan. 3 120* Apr.
6s, 5-20’s, 1865, new,coup.. 114* Jan. 8 121* Apr.
120* June
6s, 5-20’s, 1867
coup.. 114* Jan.
2 121* June
68,5-20*8, 1668
coup.. 114
Jan. 20 121* June
5s, 10-40’s
reg.. 109* Aug. 4 115* May
Railroads.
.^Dubuque
sals
68,1881
announced :
Pier
Cent.
; no
The range in
DIVIDENDS.
Company.
.Bi&uwrenWMg1
Sept.
Sept. 8. Sept. Sept. Sep
Int. period.
11.
68,1881
reg.. Jan. A July. 117 * *117*
117* 117* *117* 117*
6s, 1881...
coup., .Jan. A July. *118}*
118}*
118*
*118* *118* 118*
6s, S-20’8, 1862
reg. .May A Nov. *112* *112*
*112* ♦112* *112* ♦112
NATIONAL BANKS ORGANIZED.
6s, 5-20*8,1862..
coup.. May A Nov. ♦112}*
112*
*112* *112* *112* *112
68,5*20’8, 1862,Called Bds,..May & Nov.
The United States
*112
Comptroller of the Currency furnishes the 6s. 5-20’s, 1864
*111*
reg. .May & Nov. *114* *114*
114* 114* *114*
following statement of National Banks
6e, 5-20’s, 1864
coup.,
.May
A
Nov.
organized
the
115*
*115* *115* H5* ♦115*
past week : 6s, 5-20*8, 1865
2,178—First National Bank of
reg. May A Nov. *1153*
Spencer, Indiana. Authorized capital.
♦115
*115*
paid in capital, $50,000. Levi
68, 5-20’8,1865
$100,000;
coup.,
.May
A
Nov.
Beem, President; David E. Beem, 6b,
lie* lie* ♦116* *116*
Cashier. Authorized to commence
5-20*8,1865, n. i., reg. .Jan. A July. *116*
business
115* 115* *115* *115* *115*
September 4, 1874.
*,179—First National Bank of Colorado
6s,
n. i.,coup...Jan. A
July. 116* 116* 116* 116* 116* *116*
Springs, Colorado. Authorized capi¬ 68, 5-20*8,1865
tal, $50.'KX); paid in
5-20*8, 1867
reg. .Jan. A July. *116*
capital,
$35,000.
F.
L.
116* H6* 116* 116* 116*
Martin, President; Win. 6s, 5-20*8,1867....
B. Young, Cashier.
Authorized to commence business
coup. .Jan. A July. 117* 117*
*117* 117* *117* 117*
1874.
September 8, 68, 5-20’s, 1868
reg. .Jan. A July. *116* 116*
116* ♦116* ♦116*
6s, 5-20’s, 1868
National Bank of
.Jan.
A
coup.
117
Princeton, Indiana. Authorized capital, 5s, 10 40's
July.
* 117* *117* ♦117* 117* 117*
$50,000; paid in capital, $30,000.
.Mar.
A
reg.
William L. Evans,
Sept. *110* ♦110* ♦110* 111
111
liam L.
^resident; Wil¬ 5s, 10-40*8
♦110*
Dorsey, Cashier. Authorized to commence business
coup. .Mar. A Sept. 11!* 111*
ber 9, 1874.
111* 111* 111* ni*
Septem¬ 5s, funded, 1881
reg
Quarterly.
112*
*112*
112*
♦112* 112* 112*
9
5s, funded,
National Bank of Thurman.
Centreville, Ohio. Authorized 6s, Currency1881, ..coup. ...Quarterly, *112* 112* *112* 112* 112* 112*
capi.aL, $50,000; paid in capital,
reg. .Jan. A July, *117* 117*
$50,000.
Luther
M.
Beman,
*117*
Rufos P. Porter, Cashier.
*117* *117* ♦117
rresident;
Authorized to commence business
ber 9. 1874.
Apl. 22
Jan.
5
Feb. 16
Jan. 15
This is the price bid. no *ale
t Range since June 27. 1874.
waa made at
the Board.
Railroad and Miscellaneous
Stocks.—The stock
has been
market
active, and prices tending upward. The
strength
in Western Union
Telegraph, Central & Hudson, Pacific Mail and
Union Pacific have done much to
give force to the upward movemore
ment
throughout the list. The declaration of the October divi¬
dend of 4 per cent, on
Central, and the announcement that divi¬
dends would hereafter be 2
per cent, quarterly, beginning with
January, have stimulated the movement in that stock, while the
old talk about a stock
distribution is revived for Western Union
Telegraph.
Railroad
earnings in August
were
generally not
very
promising,
shown in the fall statement
printed on another page. The
Feb. 19
Western
or **
110* June 10
Granger ” stocks are somewhat influenced from day
106* Aug. 1 to
day by the surmises as to the tenor of the
105
May 28
forthcoming decision.
The market closed
pretty firm on the leading'stocks named above,
And steady on the rest of the list.
110
as
..'f ;,y Vi
■-
Sent. 5.
N.Y.Oen.AH.E.
Harlem:
Erie.....
Lake Shore....
102* 103
1h
Wabash
Northwest
56
.
99*
83%
5-*
N.J.
Del., L. A West
Han. A Bt. Jos.
Union Pacific..
Col. Clilc.A l.C.
Panama
West, Un. Tel.
*
22%
8%
*
112
78%
31%
75.
31
*34
43%
48%
*106
*60%
.
....
*60%
*67%
67%
•76"
Welle, Fargo..
80%
8*
78%
SC
«
....
102
104
30*
30%
Pacific Mail....
Adams Exp....
•
*1
to'.*
T/
104
108
24
Quicksilver....
do
pref.
American Ex..
United States..
31%
73%
8 %
3 %
K>%
WM
33%
59%
11*
24%
24*
24%
1%
Boat., H. A E..
*125
33%
18%
34
87*
f.6%
10 %
34%
53%
82%
86*
do
pref.
Rock Island...
St. Paul
nrd....
uo
At.& Pac.,pref.
Ohio A Miss...
o*.
U6
33X
Tuesday, Wednesday, Thursday, Friday
Sept 9.
Sept. U).
Sept. 11.
Sept., 8,
«(I4% 104% 104%
104% 104% 104 104% 10J
125
126*
127
*125% 127
126% 126% 126% 12*%
34
34%
84% 84*
84% 8 %
34% 34%
84*
74% 74%
74% 75%
74% 75%
74% 75
74
32% 33%
82* 33%
SI* 83
8l% 8S
32%
8:>% 87
87
37%
87% 37%
37% 37%
37%
51
51
»55%
55*
•56
*....
56%
57
56%
10% 100% 101% 100% 101% 100*101% 1(0% 101%
22% - 88%
33* 34
33% 34
33% 84%
84%
52
53
53
52% 52*
52%
52%
12" i?% 12% 12%
12% 12%
12
24
24%
24% 21%
24% 25
21% 24%
24*
lX
*1
*1%
1%
1%
1%
'X
104%
104%
*103
104%
104*
104
104* 104*
*
108% 108%
10S% 108
10k* 108% 10K% *103* 109
.24*
24% 24% 24% 24%
24% *23% 24
80* 31%
31% 31*
3"% 30%
&:% 31
80%
8
8%
9%
8* 9%
8%
9
9%
9112
1'2
»m%ir>%
112
111* 111* in* ri*
79
79
79%
8* 79%
78% 79%
79*
79%
32% 82%
31
31% 31%
31* SI*
31% 3i%
38
38
36
36
87
36% 36%
36% 31
49% 48%
43%
49%
48%
49%
4l'% 49%
49%
*106
*106%
•106%
60 * 60* •60% 60* *60% 60* *.... (9*
61
•
67
67
67
•67
6.% •6K% ...
i ,78%
*77
78% •44
77%
78% •77
Mpndav,
Sept. 7.
103
It’S*
Saturday,
Centra)
There has been
daily highest and lowest prices Lave been as follows:
The
60
....
This Is the price bid and asked
The entire range
;
no
—Jan. 1, 1874, to date.—
Lowest.
Highest.
%June2l
Boston, Ilartf. & Erie.
Central of New Jersey. 98
Jan. 3
Del., Lack. & Western. 99 Jan. 2
Hannibal & St. Jo
22% Sept. 7
Union Pacific
23
June 17
Col.. Chic. & I. C
8
Sept. 3
Panama
101
Apr. 20
Western Union Tel.... 68
Apr. 24
do
pref
Pacific Mail
Adamg Express
American Express
22% Apr. 28
29
June 29
37% Apr. 21
92%
58%
United States Express. 66%
Wells, Fargo & Co
69%
3% Jan, 8
109% Feb. 10
112% Feb. 10
90
35%
57%
32%
31%
53
Sept.
Nov.
Nov.
Oct.
Oct.
Nov.
Nov.
10
21% Oct.
Nov.
Nov.
1
85
79% Nov.
34% Jan. 12 15 Nov.
38% Mch. 30 14% Nov.
32% Mch. 30 16% Nov.
118
Jan. 9 77% Nov.
82% Mch. 25 43% Nov.
Sept.
35% Feb. 5 18
40% Feb. 9 25" Nov.
Oct.
49% Mch. 27 25
Nov.
109% May 28 76
Jan. 13
Jan. ‘2 65 Feb.
Apr. 27 73 Feb.
Jan. 5 80% July
Nov.
41
9
9
44% Oct.
1
56
Lapsley & Bazley, Brokers, 74 Broadway
Feb.
91
57
Feb.
1
76% Feb.
100% Jan.
70% Jan.
82
Jan.
Sept. SOt 86
Jan.
and 9 New street
quote stock privileges, $100 for 100 shares, 30 days; $150 to $200, 60 days (on
Members New York Stock Exchange or responsible parties), at the following dis
tance from the market.
Puts
Calls
J
Puts
Calls
Sept. 11, 1874.
]
below.
SO (lavs.
above.
60 d^ys. |
below.
SO days.
Gold for % bonds.. %0 %
W. Union Tel
1 @1*
Pacific Mail
*®i%
N.Y. C. & Hud...
*@’.%
Harlem...
2 03
Erie
1%®V%
Lake Shore
*01%
Northwestern
1*01*
above.
60 days.
* Rock Island
lk@l*
1*02* MU. & St. Paul. ..1 01^
1*02* I Wabash
* 11402%
lk02* I Ohio* Mississippi. V@1
2%*4
| Union Pacific
*01%
l%@2*
1*03
*01%
1%02
1*02^
i*@2* !’Han. & St. Joseph. 1 @2
1*02% C., C. A I. C
I 01*
1M02* 1 Quicksilver
I%@2
1%02%
8 01
The Gold market.—The
gold market has been quiet,and the
tone rather weak.
There is now but a small supply of casli gold
available for use, and a sharp demand might lead to higli rates
for borrowing, but tlie absence of animation, or anything like an
active demand either for speculative or mercantile purposes,
leaves this question without much interest at present.
It is
alleged by some that there is a large short interest in gold, which
keeps the price from declining, but the evidences of it are cer¬
tainly not conclusive, at least to the extent suggested. On gold
loans the rates to-day were flat to 1@1| per cent for carrying; on
time loans of gold quotations have been made as follows : 30 days
1-16 to £ for use, 60 days 3-16 to £ for use, and six months £ for
use.
At the Treasury sale of $1,000,000 on Thursday the total
bids were for $3,691,000. Customs receipts of the week have been
*$2,969,000.
The following table will show the course of gold and opera¬
tions of the Gold Exchange Bank each day of the past week:
Thursday,
Friday,
,
ing.
est.
est.
Total ’
Clearings.
ing.
109%
109%
109%
...109%
..
Current Week :>
109% 109% 109% 109%
Previous week,
109% 109% 110
109%
Jan. 1,1874. tddate...110% 109
114% 109%
following
Sovereigns
Napoleons..,.,;..
German X thalerjs
Prussian X thalerfc
German Kronen
X guilders
are
.....
Spau.ah doubloons
•riitribtttoublQons
American silver (new).
Fine BllVer bars
Balances.
Currency.
,
Gold.
$14,741,000 $1,081,530 $1,240,097
10.698,000
845,219
769,000
12.289,000
1,231,405 1,352,132
16,924,000 1.929,709 2.809.203
16,559,000 1,370.162 1.561.203
777,753
6,570,000
963,468
109% *09% 109%
109% 109% 109%
8
109% 109% 109%
9
109% 109% 109%
“ 10.... 109% 109% 109% 109%
11 ...109% 109% 109% 109%
The
can coin:
$77,781,000 "*
95,521,000
1,235,320
$
1,359,522
the quotations in gold for foreign and Ameri¬
Prime bankers’ sterling bills
London good bankers’ do
London prime com. ster do..........
3 87
7 85
8 00
6 50
3 90
16 0!)
15 50
@ $4 92
0 8 32
0
0
0
@
8 00
3 15
6 70
4 20
Fine gold bars
Dimes and hail dimes..
Five Irancs..
Francs
English silver
Prussian thalers
pars*
H
-93
-
18%0
4 80 0
— 70
@
-
.
@ 16 75
Specie thalers........... 1 04
—99
0 15 75
Mexican dollars
95% I Spanish dollars
— 93
1 26*fc
1 27% I
—
@
<3)
.
—
0
@
0
-
l
!
]
sharply
until rates are quoted to-day at 4.33-£@
4.854(^4.86- for lohg and short sterling, respectively.
5.15
@5.13%
40%'fc 41%
95% @ 95%
40%@ 4C%
95% @ 95%
71 %<2> 72%
94%
71
94%@
70%@
@4 85
@5.13%
@5 13%
5.15
5 15
94%
40%
94%@
40%@
Frankfort
,
Bremen
Prussian thalers...,.
The transactions for the week at the Custom House and Sub-
Treasury have been
as
follows:
Custom
Receipts.
Gold.
$324,000
7.......
538,000
$518,098
822,359
845,620
627,987
680,502
71
53
35
78
22
1.003,198 07
529,000
463,000
10
11
Payments.-
Receiptf
5
Sept.
Sub-Treasury ,,-
-
House
616.000
499,000
Total..
$2,969,000
Sept. 4.......
Balance. Sept. 11
Balance.
Gold
Currency.
$254,198 36
487,281 46
793,135 97
455.570 95
722.052 35
Currencv.
$318,657 88
$478,388 86
691,942 73
222,380 88
1,015,315 93
809,423 59
720,453 53
747.624 71
*25,616 52
987.429 84
2,059,093 59
1,204,2)7 19
835,260 49
4,497,766 66 4,171.332 68
52.381.206 72 61.051.510 17
53,173,822 25 61.214.256 83
3,7C8,151 13
4,578,586 02
New York City Banks,.—The following statement
the condition of the Associated Banks of New York City
week ending at the commencement of business on Sept. 5,
shows
for the
1874
:
-AVERAGE AMOUNT OF-
ManhattarwCo
Merchants’
Mechanics’
4/0 ,2(0
1,500,0001
3,000,000
Union..
America
Phoenix
City
7,746,(00
3,895,500
5,480,(VO
3,59 ',400
1,668,200
8,071,900
4,061,700
4.078,400
2,171,000
1/00,000
A,000,000
1,000.000
600,000
.
Tradesmen’s...
Fulton...
Chemical
300,000
l/moco
1,500,000
Merchants’ Exch’ge.
Gallatin, National..
Butchers’&Drovers’
Mechanics&Traders
800,000
600,000
Greenwich
Leather Manuf
Seventh Ward.... .
State of N. York..
American Exch’ge.
Commerce
200,000
1,056,900
600,000
3,252,200
1,2:9/00
Broadway
Mercantile
Pacific
Republic
Chatham
People’s
North America
Hanover
500,000
2,000,000
5,000,000
10,000,000
1,000,000
1,000.000
422,700
2,000,000
450,000
'
412,500
1.000,000
Irving
.Metropolitan
Shoe and Leather..
Marine
Importers’* Trad’rs
Park
Mech. Bank’g Asbo.
Grocers’
North River
East River
Manufact’rs’ & Mer.
Fourth National....
14,262.700
908,5(3
1.629,7(0
2,252,700
2,752.700
31,8(0
60,4(0
‘9,600
92,8(0
5
8,200
113,600
184,800
17,800
765,500
636,500
197 800
S58.000
738/200
68:,000
1,57’,500
126.700
2: .000
2,547.300
162,300
(42,-00
152,700
€0,200
5,‘ 00
16,600
2 ,200
1,300
6,(100
13,7 6,700
1,125.300
757,5( 0
S65.500
350,000
2,000,000
300,000
1,7-5.000
6.958.800
5/70.6J0
1,500, (0C
50C,( 03
500,0(10
1,122/00
2/ 63,300
17,089,800
15,713,100
221 700
686,700
169,100
244,400
5P5.400
961.100
101,600
352,800
2,102,000
1,199,400
1,125,000
1,242,000
336,000
493,8(0
774,400
247. 00
195,700
2,700
261,0 >0
167,000
528.300
898,300
3,025,4(0
900,000
415,310
830*400
132/00
5,500
296/00
162,9(0
1,1(9,200
131,7(0
3,9(0
2-35,00!)
752,6(0
791.700
4,900
584.109
4,0(0
£57.800
469,0(0
815.6(0
807,800
2/07,100
1,338,0(0
210,000
603,100
299,300
49,400
2*6,100
6,217,7(0
88!,U)0
195,900
261,300
2-6,0(0
193,000
16,8/2,300
7,(20,600
6,651,000
1,421,800
633,900
818.010
295,0(0
9-9.000
1,367,600
317.C00
4,362,500
....
143,400
11,500
270,(00
1,200
873,700
6i’7.100
20,500
£6,600 *
6,000
4.572.800
2,143,(00
2.67\5C0
1/71,2(0
1.8S7.000
122,“(H)
4/27. 00
1 ,fc5 S.10U
1,000,0(0
250,0(0
200,000
2,(J(K',(!00
1,OOC,CCO
1,286.800
2.326,8(0
1,779,7(0
1,158,100
132'.000
614,300
5,391,310
1,385,900
1,000,000
9,681.5 0
191.700
531.61 0
446,610
i /SI,500
2,035,300
3,674.900
2,570,000
509,800
410,500
414,1(0
49 ,000
632,1 (0
139,0(0
2’. 1,000
(0,7(0
5,367,500
8,523,600
9,700
860,000
486,600
3,166,100
3,011/00
21- 8 4i 0
245,800
13 828,000
500,000
5,000,000
123,400
2,1)00
89.100
"34.700
1.032,200
.70S,300
19,5- 8,200
432,100
$847,200
2.422/00
1,63:,000
1.291’, 00
1.(36,000
8,-9j,6(1<J
8/30; 00
3.007, 00
3,420,1(0
1,885,600
712.(00
102,800
4,226,800
3.028,300
8,! 75,800
1,467,000
400,000
2,488,500
2.481,000
5/00.300
573,500
711,200
914,000
2,120,700
300.000
1/45,0'Jtf
874.400
225.000
180,0(0
......
$32,135,200 $279,084,900 $18,891,300
$65,60*1,700 $231,716,000 $25,662,4(0
the returns of
previous week are as
Inc.
Inc.
Specie
Legal Tenders
Dec.
as
$765,100
253,200
1.677,91)0
the totals for
Loans.
Specie.
June 20....
June 27....
279,067.500
281,791,500
July 3....
July 11 ...
July 13....
287,422,200
19.9:34,200
19.714.300
21.931.300
27.375.4(10
<87.083.400
285.315.000
281 168,10(1
Net Deposits
Circulation
....
a
.Dec.
$254,100
14u,9GG
series of weeks part
Legal
Tenders.
61.833.600
Deposits.
Circu¬
lation.
27,755,-00
63,660,590
61.335.100
61.853.100
26 646 7(H)
63.714.800
244.313.300
26.652.900
26,511,300
25.863.900
25.923.700
25,727.500
25.767,600
65,318,900
242.741.300
25,762,200/
66.519.5UU
66.578.100
242.261.600
234.864rr 00
227.619.500
232,928,200
241.415.500
62,923.200'
280.534.300
23,393,700
25,740.0)0
279.25c 200
22.852,01 Q
278,576,000
19.554,900
278,519.800
18,633,100
65.391.400
67.252.600
279,084,900
18.891.300
65,tC4/T00f
2K 2,012,600
Dec.
-
last week.
The following are
Sept. 5....
52,200
276,500
Circula¬
tion.
3; £6.600
3.102/00
1/38,8(0
4,817.500
610,600
3-2,900
500,3(0
1,000,(00
The deviations from
follows:
Aug. 22..,
Aug. 29....
129.(00
2.561,0(0
Dry Goods
Same
253.500
489,400
48,0(0
18,100
510,000
Central National...
Second National,...
Ninth National*
First National
Third National
N.Y.National Exch.
Tenth National
Bowery National...
New Yo*k Co. Nat.
German American.
Total
2 6,500
1.000,000
2.000,0(0
300,000
400,000
1,500,000
2,000,000
500,000
Oriental
3,265,100
7,535.900
2,983,500
5,(09,700
1,992,300
1,296; 00
7,7(17,900
3.178,100
834,0(0
2,205,000
454,500
448,5(0
2,'30,700
597,5(0
469,800
311,000
£80,500
29,6(0
198,600
4.5:2,200
12.128,600
18,939,510
5,4<6/00
4,128,0(0
1,874,300
5,109,200
2,96:,800
1,451,6(4)
2,5K,IOC
4,274.400
1,(00,000
Corn Exchange.....
Continental
1.1 3,800
169,700
1.139,700
296,100
983,-00
1/02,100
401,001)
1,000,000
1,000,0(0
1,0(0,000
1,000,(00
Citizens
Nassau....
Market..;
St. Nicholas.
July 25....
Aug. 1....
Aug. 8....
A.'g. 15...
Net
Legal
Loans and
Tenders. Deposits.
Capital. Discounts. Specie.
$3,(1)0,0CC $9,3 7.<( 0 $2,< 85,i 00 $2/19,600 $9,>!4 200
2,579,7(0
4,619,700
495,'
00
4,769,800
2,050,006
1,585.000
9,529,- 00
3,000,000i 10,‘08,800 1,999,300
1,269.800
316,700
4,652,7(H)'
6,4(8,700
2,000,0001
Banks.
New York
—
4
4.84
5.1>%@5.17%
40%@ 40%
—
—
3 days.
4.85% @4.86
4.85 @4.85%
days.
4.83%@4.84
4.83 @4.83%
4.81 @4.63
5.18%@5.16%
5 I8a4@5 17%
Paris (bankers)
Antwerp
•No report.
$4 87
since bur last report,
-September 11. eO
Loans
Farfelffii Eacciiang:e«_The market has broken down
4.84 and
follows:
...
Quotations.
,
Open- Low- High- Clos¬
Saturday, Sept.
Monday,
“
Tuesday,
Wednesday, “
are as
3
14 117% Mch. 11
1 62% Apr. 21
7 79% Jan. 24
15 38%-Jan. 29
14 49% Jan. 24
12 10% Feb. 3
10 106% June 7
June 7
1 106
7 52% Feb.
7
1 39% Jan. 4
5 43% Feb. 11
6 130 Jan, G
1 94% Feb. 6
30 46% Jan, 2
6
15
3
tions
Hamburg
5 106% Feb. 4
19 140 Apr. 1
7 69% Feb. 4
1 97% Feb. 15
15 75% Jan. 2
14 85 Feb. 4
8
80% Oct.
21% Nov.
18% Nov.
moderate demand from importing mer¬
season are buying carefully
and only sufficient to supply immediate wants, and there is also
the usual anticipation at this period of coming cotton bills, which
has made bankers less inclined to buy commercial bills at the
present time. The main influence, however, which bore directly
upon the market, was the sale of bills against $3,000,000 bond
of the N. Y. Central & Hudson River Railroad Company, lately
negotiated through a prominent foreign banking house in this
city, at the price of 105. After so sharp a decline as we have just
experienced, it would not be remarkable if some reaction should
occur on the appearance of anything like a fair demand.
Quota¬
a
Amsterdam
-Whole year 1873
Lowest.
Highest.
77% Nov.
only
chants, who find their customers this
Swiss
from Jan. 1,1873,to this date was as follows
N. Y. Cen. & Hud. R... 95% May 19 105% Mch. 11
Harlem
%
—118% Jan. 7 134% Feb. 18
Erie
20% June 20 51% Jan. 15
Lake Shore
67% June 19 84% Jan. 16
Wabash.
Jnne 17 55% Jan. 16
29
Northwest
34%Jn]j,'15 62* Jan. 9
do
51 Sept. 10 78% Feb. 9
pref
Rock Island
92% June 19 109% Feb. 9
St. Paul
81% May 18 49% Jan. 10
do
pref.
..
48 May 5 74% Feb. I
Feb. lb
Atlantic & Pacific pref. 10% Sept. 3 22
Ohio & Mississippi
21% June 17 36 Jan. li)
Quicksilver
Board.'
sals was made at the
[September 12, 187*4.
CHRONICLE
THE
266
243.525.600
242,983.6(0
237.915.500
235.00^100
■
28$,=746.000'
25.805.700
2f>,8u9* 10(f
25#2U;0(XJ~
Aggregai e
Clearings
401.927,462
428,251,3(6
426,905.576
444,578.311
8S6.80ft.4l5
3S4.196.075
sets
30f/_9i.6;6
■S20J0D.469
-SMV -w
"h
I
September 12, 1874 ]
Boston
Banks,—Below
give a statement of the Boston
the Clearing House on Monday,
we
National Banks, as returned to
Sept. 7, 1874:
Banka.
.
Capital.
Loans.
$750,000
1,500.000
1,500,000
1,000,000
600,000
*1,555,600
3.152.800
4.253,800
2.274.300
1.719.600
504,800
1,076,400
2.656.600
2.2.8.000
2/89,3(0
Atlantic....
Atlas...
Blackstonc
Boston..
Boylston
Broadwav
200,000
500,000
1,000,000
1,(00,000
1,000,000
Central.
Cdlumbian.
Continental
Kliot.
Everett....
$101 000
117,100
251,000
153.400
52,000
S9 .»C0
60.300
59,900
113 200
$6;,8n0
/. 300
27.OC0
87 31U
16,01)0
....
....
20,8)0
17,500
159.700
70.600
12,490
64.400
63.800
93 600
76.500
239.000
71 200
1U.40C
75 0JO
2.000
li,00
81,800
51.000
8,000
21,11’U
( 2.300
2.06').7U0
1,229.400
29.w00
129,300
73,700
883,000
82,700
215,300
85.00 0
8.535,000
659.S00
20.600
218,200
135,600
8.700
53.«H)0
194 000
20,0.‘0
42,(H'O
39.100
157,200
S8.5U0
87.500
2.607.800
3.227.5(0
2,(41.200
2 552.50C
2,999.500
3.120,200
8,3:3.400
t.453.200
8.671.000
855,400
183,200
205.100
65,300
135,600
162 100
298.900
$582.S00
956.600
1.851.400
917,800
609.S0U
284.700
59C.600
757.500
694.600
778,0.'0
6M.500
1.247,5(0
5:6.; 00
1.2)4 0)0
951.900
803,2"0
537.(|00
558.000
867,700
627,230
4,160,400
329,000
891.000
1,4U,9jU
1,112.100
909.6(0
$418,200
769 70)
781.boo
587,*t.
498.800
175.700
148.4' 0
800 0J0
561,1(0
796 Ooc
llS.lu,;
519.1(H)
3.10.00 •
852.2 0
239 8.10
439,8tH)
12. ivio
835.6oo
884,300
245.000
i.506.2(H)
173.0(H)
760,4.0
7t'5,l(Xj
339,0oo
583,2(0
1,163,000
492.0jo
966.700
1,012,600
8 ^0
715, ?0J
918,700
112,500
958,800
6S4.6-J0
656.100
585.7(H)
1,016.600
7i«7 800
1,797 OUC
667.101
174.70J
933.400
2/93/00
644,700
567,6J0
56/900
695,700
1.096 200
847,2(0
783,800
2,278.500
SOOCOO
438,700
143.400
911,800 • 320,(0'
1,819.300
774,700
.-84,40(1
776,300
2.269,500
712,7(0
179,100
831,4(0
967 900
541.500
480,000
5.7,700
83,700
4.235.600
289.000
418.200
4.919,000
1.830, lot
65,50 0
5,17 %7<M)
799,010
1,8.0.900
142 6(H)
5,810.000
515,0j0
3.192,000
....
116,500
Commonwealth....;
500.000
8.112 5%
24.000
361,000
13,900
115 800
City
1,000 000
1,942.700
Eagle
1 000,000
2,070,100
5,090
U2.50U
Exchange
I 000,000
4/49/21)0
288,600
314,‘Oi)
Hide* Leather
1,500,000
49.MU
86.400
3.296.300
Revere
2,000,000
5.640 200
14.600
764.100
Security
200,000
994.400
100
125.300
Union...
1,000,000
2.629.200
*M00
113.700
Webster
2,424.000
1,500,000
9.900
72.40U
Total
$49,350,000 $130,460,200 $2.640,2% ?9,336,OOC $49,896,50G $25.104.9(H)
The total amount “duetootherBauks.”a8 perstatement of Sept. 7, le $24,576,800.
The deviations from last week’s returns are as follows :
The following are
..
July 13
,1 ulv 20
July 27
August 3
August 10
August 17
I
..Decrease.
Circulation
61,900
the totals for a series of weeks past:
Deposits. Clrculatlm
Specie.
LoanB.
Date.
June 22
Jane 29
July 6
113.000
406,200
Decrease
Legal Tenders
Increase $1,108,800
#763.600 I Deposits
Decrease.
Specie
5.000
140.700
253,100
«),3J0
?«<*00
So,600
206,500
2.085.200
Increase..
Loans
2,670,000
127.336,200
123,106.900
127.881.20 0
124,490,600
130,114,300
13'.;99,100
130,357 (H'O
LegaiTender.
11,015.100
ll.427.S00
1!.244.600
1 0,081/00
9.669,200
9.995.700
9.690,300
9.4*4. iCO
9,893,100
9,463.600
9.7(2,290
2,122.500
2.571.200
3,594,400
3.562.SG0
8.5*1.W0
1.549.40 0
3.439.800
.8.372,800
130,4112.100
129,158,400
.
50,615,100
25.221,600
51,694,700
25.200 400
25.1C2.000
53.672,200
52,380/ 00
50,466,960
50.515 400
50,821,500
50.440/00
49.979.900
49,239.900
43,737.700
24.563,500
25,161.?%
25.113,900
23,1:0,600
25,179.4 0
25.239.100
2 5.296.100
25,16G.6%
25.104.S00
8.325,000
August 31
129,696.60 0
2.753,200
Sept. 7
130,460,200
2.640,200
.
!
9.836,000
49,396,500
Philadelphia Banks.—The following is the average
AuuU 124
129.299.930
con¬
Philadelphia National Banks for the week ending
Monday, Sept. 7, 1874:
Total net
dition of the
Capital.
Banks.
Philadelphia
North America
Farmers and Mech.
Commercial
Mechanics'...
Bank N. Liberties.
$1,500,OOC
1,000,000
Loans.
Specie.
$5,411,000
$84,000
4.96J.000
6.293.000
2,000,000
810,000
Southwark
Kensington
25U.000
Penn
Western
Manufacturers’....
B ink of Commerce
Girard
Tradesmen’s
Consolidation
500,000
400,000
1,000,000
250,000
1,000.000
200.000
300,000
1,033.706
1,262,9 3
2/84,239
2,81)7,300
693.109
3,978.000
1.647.000
1,226,073
400,000
1.556,433
City
Commonwealth....
Corn Exchange....
Union
First
Third
8txth
Seventu
Eighth.
Central
Binkof Republic..
Security
....
1,073
29.001)
27,000
10,5 0
750,000
1,900,000
250,000
268,000
1,262.8.0
531,139
2 <7.499
615,406
1,582,000
8,737,000
1.207,000
210,045
600,000
174,000
819,000
233 000
1,821.000
190,000
82,000
108,000
8,000
2,000
287.000
960.000
36.COO
520,000
113,000
24,060
674,000
222 640
119.740
2!3 735
23S,4i'4
454.8-6
133,930
885
9.566
K\000
43,W0
578.000
589.000
1,045.000
4,343.000
2.136,000
225.368
53 (.596
660.636
862.378
2.342.767
340.000
6! 0,000
5(5,000
181.500
311,000
2,962
1.081/75
2,339,000
1,370.000
1,000,000
606,000
489,000
417,000
214.000
6$2,OQO
*•
....
Deposits.Olrculat’n.
$3,784,000 $1,090,000
190.000
3,691.000
5.680/1%
1.949/. 00
1.000
104,538
2,265,000
1,688.000
3,937.000
250.000
275,000
$1,‘226.000
1,158 000
56,8%
3,WO
0/CO--.
10,(H'O
2.000
863,830
300,000
500,000
500,000
1,000,000
300,000
150,000
L. Tender.
....
2.564,060
2.259.000
2,656.000
1.424.000
800,000
500,000
250,000
1,762,000
1.384,000
851,S63
1,032,497
515,697
2.312,000
1,339,000
3.542.000
846,671
427,000
323.000
2%,000
357,120
210,175
450.000
837,000
7*8,000
253.8%
820.000
135,<K)0
219,350
239,03(1
3,6%,000
513.000
1,084.000
798,000
413,000
183,000
$15,388,583 #47,929,875 $11,457,462
The deviations from the returns of previous week are as follows:
Loans
Inr.. $400,907 • Deposits
.Dec.
$6,115
Specie
Dec.. 23,751
Inc. 70,828 I Circulation
Total
$16,435,000
The
following
Date.
June 23
.July
July
July
July
6
13
20
27
August 3
August :o
August 17
August 24
Au:ust 81
Sept. 7
$60,721,398 $471,324
Dec..
Legal Tender Notes..
are
891,629 1
the totals
58.694,599
59 692.263
59 5--6.60I)
-
LegaiTender
16.353,179
15 946.633
15.526 IrO
Deposits. Circulation
11,439,714
47.782.763
48.622.908
11,'27,863
11.417.016
47,9(3 806
1%508,9 >1
445.697
16.510.141
48,7 >7.028
59,845.954
472,466
16,412,958
49,181 472
48/71,523
48.593/256
59,952,881
60.) 31,821
60.20K 4 .8
60.323,491
60.724.398
11.441,962
43/4.1,382
535,787
59.102.648
59.644.371
479.803
424,081
16.400,996
16.071,145
408,528
4°0.496
471,824
16.1'8,51'S
48.563.631
16,280,212
15,398,583
49.541,891
47,929,975
11,469/59
11,48Q,352
11,489.29)
11,498.038
11,501.939
11.4S6.213
11.457,46g
WASHINGTON, D. C.—PRICES.
Bid. Ask
(Bid. Ask
Ches & O Can stk(’47) 6s,at
Board of Public Works—
Wash. Co. S. bonds, 7s, 1577
Chicago Relief brads, is,
Perm Imp.,6s,g, 1891
1877.1
t
7%. 1891....
Market Stock bonds, 7s. 1592..!
Water Stock bonds 7s, 1901....
do
do
1903....
Water Stock 6s, 1863
....
:
1874
do
5 year Cera., 7 3-10, 1875
Ten year Bonds, 6s, 1678
Fuad. Loan (Cong) 6, g, 1892..
do
(Lev}, 6s. g, 1902..
do
Cern.ofStockfll
4.rjka$i>
86/4
88
101
101
101
101%
Bid.
sxoTJBiTixs.
Pennsylvania, 1st M.,6,1880...
no
2d M.,6,1875...
»io
gen. ra. 1910....
do
gen.m., reg., 1911
Perklomen 1st in.6s/9T.
Phlla. A Erie 1st m. 6s,’81
do
2d m. 7s. ’88
Philadelphia A Reading 6s, *80
do
do
7s, ^
deb. bonds, ’9S
do
39%
do
g. m.7s, c. 1911
do reif/911
do
98%
•BOSTON.
Maine 6s
New Hampshire, 6s
Vermont 68
.
.
.
Massachusetts 6s, Gold...
do
5s, Gold..
Ask
101>*
.
.
Currency
gold.
Chicago Sewerage 7s....
do
Municipal 7s
Portland 6s
Burlington A Mo. L. G. 7s...
Boston 6s,
do
5s,
•«.
.
...
.
Rutland, new 7s
Stansted A Chambly 7s ....
Verm’t Cen., 1st M., cons.,7,
do
2d Mort., 7,1891....
6s, g.. 1911..
do
new conv. 7s, 1893
Phil, a Read. C.&I Co.deb.7s’92
do
do 1st m. "8/92-3
24%
Pitts., Cln. A St. Louis 7s
Shamokin V. A Pottsv. 7s, 1PCI.
104%
20 ‘
2%
B
25**
8
6/8
132%
10U
100%
111% 11 Ik
149
149%
75
preferred
78
9%
136%
Chesapeake A Dela. 6s/82....
Delaware Division 6s, "78
Lehigh Navigation 6s,’81
do
RR, ’97...
do
conv., *82.
73
Vo*;*'
104% 105
107" 107%
113%
!
103
108
6s,’67,5-10,1st., 101
do
10-15, 2d.,
do
Ho
15-25. 3d ,. iio
101
Philadelphia 6s, cld
••
6b...
do
7s
104
New Jersey State 6s, Exempti
Delaware State 6s
RAILROAD STOCKS.
Camden & Atlantic
do
pref.
do
pi.
Cers., Gen. Imp. 8a, 1871
1875
1876
’do
1877
do
1878
do
Series.
Certificates, Sewer, 8 s, 1874.. .
do
do
81
86%
86%
86)4
‘
ao
1875....
1376....
do
1877...,
do
95
,
.
.
,
Water
.
do
87%
pref.
Harrlsb’g, Lancaster A C
Huntington A Broad Top. ..
do
do pref
Lehigh Valley
Little Schuylkill
Mlnehlll
Nesquehonlng Valley
Norristown
Northern Central
North Pennsylvania
OilCreex A Allegheny River.
•
•
•
75
43
86
40
49%
6%
12%
50%
61
18
31%
52%
53%
895k
12%
46%
52%
j
atral Ohio
preferred...
do
CINCINNATI,
45%
54
1
90
1
Si%
47
3
lo
lo
55%
55%
a.
Philadelphia & Trenton
54”
Phlla., wilmlng.* Baltimore.
^27
United N. J. Companies
51
54%
127%
53%
*98
Parkersburg Branch..
7%
13
53%
15%
Philadelphia A Erie
Philadelphia A Reading
101
do
1st M.,6,1885
d,l8tM.,endorsed.6.’90
1st M., unend„ 6, '90.
2d M.,endorsed 6,’90.
do
32%
7V
100
li<7
1015k
2d M.,7,1896.
Connellsv., lstM.,7,
1
42V
32
15
Penns/ivania
7 p.c.,1 toSyrs
lg bds,7 A «.E0s
do
do
1
A Cov.Brldge stock, pt__
bonds, short
do
do
bonds, long,
Ham. A D., 1st M., «, 80...
do
2d M.,7, *86...
do ■ 3d M.,8,77...
do
pref
48
a.. Ham.A Ind.7s guar
West Jersey
a. A Indiana, 1st M., 7
CANAL 8TOCK8.
! do 2d M.,7,1877..
do
Chesapeake & Delaware
46
48**
lam., A Xenia, 1st M.,7, ’90.
Delaware Division
45Y
15%
yton & Mich., 1st M.,7 81..
Lehigh Navigation
55
do
do
2d M., 7/84..
Morris
125
122
do
do
3d M^ 7/88.,
do pref
do To’do dep. bds,7, ’fil-’94
Pennsylvania
I
*6%
yton A West., 1st M.,7,1905.
Schuylkill Navigation
do
do
1st M.,6,1906.
12k
12%
do
/
pref.....
6
IIndCln. A Laf., 1st M., 7
Susquehanna
do
(I.AC.) 1st M.,7,1888
Union..
West Chester......
52
a..
do
to
do
^ + m
....
...
'**
RAILROAD BONDS.
*
***
*
90
Alleghany Val. 7 3-10s. ’.596
do
7s E. Ext.,1910 82% 83%
Belvidere Delaware.lst m,6.’77
do
do
2d M. 6s,’85 si” 82
81%
do
do
3d M. 6s,’87 81
1(2
102%
Camden A Amboy, 6s, ’75
93
do
do
6 8/83
92
9i 1
do
do
6*, ’89
do
do mort. 6s, ’89... 100%
...
...
do
Cam. A
consol.,6s, ’94...
Atlan. 1st m, 7s. g, 1903 l'jT
162
do
2dm, 7s, ’80.. 100
,
Cam. & Burlington 6s,
1347....
W’mspoit, 1st m, 7s. ’80.
do
do 5s,pfrp
Harrisburg 1st mort. 6s, ’83....
H. A B. T. 1st mort. 78 /90
do
2d mort. 7s, ’75
do
3d m. cons. 7s,’95.
Ithaca A Athens g. 7s. ’90
Junction 1st mort. 6s, ’85
do
2d
do
1900.....
El. A
•
•
102*'
...
55
T
-
-
-
1 Louisville 6s, ’82 to ’87
do
6s, ’97 to ’98
do
Watei 6s, ’87 to ’89..
do
Water Stock 6s, ’97.
,
do
do
7s, 1910 1l4
Little 8chuylkil List M., 7, 1877.
Northern Central 2d m, 6s, ’85.
do
do
do 3d
m,6s, 1900
..
96
93
90
(b
...
i05
do 1st M..7,1906....
’97.
do,
Lex., 1st M., 7,
I OUls. A) Fr’k., 1st M., 6,
Oil Creek A Al. R., con.
Oil Creek 1st m. 7S ’82
Penn* N. Y.fHfeR R.
7s, *88.
42*
’W’TS..
Loulsv.Loan,6,*81.
).s.)
.s.18, T36-*
do
(Leb.Br.) 6,’86
do lstM.(Mem.Br)7,T0-’75.
do lstM.(L€b.br.ex)7, ’SO-’ffi
do Lpu.jL’n(LeD.br.ex)6,*9S
do Consol. 1st M.,7. lB^.,,.
j effsrson.. Mad. A Ind
1
common.
do
do
ST. LOUIS.
□is 6s, Long Bonds......
Waters# gold
do
do (new)
0
...
....
*9CK
*1%
f
iAt.« racinc guar. iana granu
2d M.
do
....
108
:
I
93%
con. m. g. 6s. 1900 91% 91V
30
Northern Pacific 7 3-10s. 1900..
North Penn. 1st m, 6s, *85
do
2dm. 7s,’96
102% 103
10% chat, m., *77 .
gen. mort. 7s, 1903
Wharf 6s
1 ,oulsv. C. A
100% iro% 1
Lehigh Valley, 6s. 1898....
do
do
do reg, 1898 101% 102
do
c.st’k gnar
LOUISVILLE.
10U
97
89
8 p.
do
=
] Jttle Miami stock
do
.
**'
94
(
special tax 6s of *89..
j eff., Mad. A I.lstM.g&M)7, ’81
do.
do 2d M.,7,.
161”
...
1
(
do
do
90
Catawi88a, 1st M. con v., ’82.,.. 102
do
chat.m. do
’88....
lot”
do
new 7s. 1900
93
Connecting 6s 1900-1904
50
Dan.JH, A Wilkes, 1st m.,7s,’67 100
Bast Penn. 1st mort. 7s, *88... .
do
do
95
scrip
90’
do 8d M., 8. F.,«,1WH
do Id M. (Y. &C)6,T.
do Cons, (gold) 6,190C
•
....
1878....
do
do
do
i:::1
...j
22
45
14
pref
do
new pref
Elmira & Williamsport
Elmira A Williamsport
East Pennsylvania
m.
6s,c./95..
6s, Imp.,’80...
6s, boat & car, 191?
J do 7s, boat dear,1915
1
...
..
Catawlesa
do
00
76.^
do
do
do
do
1884
do
68/900...
do
1890, Park 6s
Baltimore A Ohio 6s of "75....
do
6sol’80...
do
do
6sot’,85...
do
itral Ohio, 1st M.,6
111%
101%
1U4%
104
do
6s, new;
Alleghany County,5s, coup..
Alleghany City 6s
Pittsburg 5s
do
98
conv.,
BALX1HORE.
Maryland 6s, Jan., A., J. A O.
do
6s, Detence
Baltimore fs of’75
101
Pennsylvania5s, coup...
98
90
Susquehanna 6s/94
BONDS.
80
Morris, 1st M.,6,1876
do
2d M., 1876..
do
boat, ’85
Pennsylvania 6s, 1910
Schuylkill Nav. 1st m. 6s, ’97..
do
2d m., 6s, 190?
....
PHILADELPHIA.
1"
l»6K
26%
84
9’H
g/94.
gold, ’97
do
do
146
25 H
«3X
2d Mort, 190K
do
CANAL BONDS.
...
72
.
do
10-’%
9%
,,,,
Rutland common
do
preferred
Vermont A Canada
Vermont A Massachusetts....
•
Ex dividend
do
do
(05 k
SunburyA Erie 1st m.7s.’77.. US)*
Sunbury A Lewiston 7s. i860..
Warren A F. 1st m. »s/96
West Chestercons. 7s, ’91
West Jersey 6s./83
do
1st m. 6s,’96
do
do
78/97
We8ternPenn.Cs/93
do
do
6s. p.b./9<
Wllming. & Read.,1st M.,7,1901
.
Chic., Bur. A Quincy
Cin., Sandusky A Clev. stock
Concord
Connecticut River
Connecticut A Passumpslc, p
Eastern (Mass.)
Eastern (New Hampshire)...
Fitchburg
Manchester A Lawrence
Northern otNew Hampshire.
Norwich A W orcester
Ogdens. A L. Champlain
do
do
pref..,
Old Colony.»
Port.,Saco A Portsmouth....
108M tC6
79X
103\
do
Boston A Maine
Boston A Providence
STATU AND OITY
sik
»i k
...
TWk
Cheshire
101)4 10: K
92*
....
Cheshire. 6s
Eastern Mass., 7s
Hartford A Erie, 1st M (new)7,
Vermont A Can., new. 8
Vermont A Mass., 1st M.
Boston A Albany stock
Boston A Lowell stock
101
it)i
....
for a series of weeks past:
Snecie.
202.454
323.351
466.939
Loans.
Ask.
Specie. L.T. Notes. Deposits.Olrcni,
2.591.100
1.779.500
2,559.1(0
1,7 2.CHX)
2.448.40U
1.064,1UU
1.702,010
800.000
1,000.000
750.000
Howard
1,000,000
500,000
Manufacturers
Market
800,00e
800,000
Massachusetts
400,000
Maverick
8,000,000
Merchants
Mount Vernon
200,000
New England
1,000,000
North..
1,000,000
Old Boston
900,000
8hawmut
1,000.000
Snoe & Leather
1,000,000
State
2,000.000
Suffolk
1,500,000
600,000
Traders
Tremont
2,000,000
Washington
750,000
»irst...
1,000,00 0
Second (Granite)... 1,600 000
Third..!
300,000
Bank of Commerce
2,000,000
Bankof N. America 1,000,000
B’k Ot Redemption. 1,000,00 0
Bankof Republic... 1,500,000
Bid.
SB0UXITIX8.
-
869.100
200,000
1,000,000
Faneuil Hall
Freeman’s
Globe
Hamilton
QUOTATIONS IS BOSTON. PlIiLiPELPIH4. BALTMIIIKB. &e.
Pacific
I
(of Mo0 1st M. gld....
do
do
2dM. bds. ...
an Pacific stock... ....
1
>
1st M.gld6s. J. A
y
.
}
1
r.:
■
do
D..
do r,AA
40
QUOTATIONS OF STOCKS AND BONDS IN NEW YORK.
Stocks are quoted on T7"a Tprevious
page
and not repeated
here. Prices
represent
O
'j'.. ))
J
1. 7.‘.i
.
t
.
.
Bid. Ask
SSOUBITIXS.
t
-»
1
IT
n
Bellev’le A 8.111s. R. IstM. 8’s
Tol.,Peoria A Warsaw, E, D..
Amprlr.an Coal
Cumberland Coal and Iron....
AlabamgSs,1883,
do
' 5s, 1886
do
8s, 1886
Mariposa Land A M. Co
101
luo
too
102
too
5s...:
6s coupon,’77
do
1879
War Loan
Kentucky
Louisian a 6s
do
do new bonds.,
do
do new floating debt.
do
7s, Penitentiary
do
6s, levee bonds
do
do
8s
do
8s
do
1875..
do
8s
...of 1910.
Michigan 6s, 1878-^79
do
6s,1883
do
7s, 1878
Missouri 6s, due in 1874
..57
do 1
do 8
ISItt...
do
do
..77
do 9
do 1
..87
8
1
do
do
1879.
do
do
21
20
22
102*
102*
Texas, lCs, of 1876
Virginia 6s, old
bonds, 1866...
do
1867...
do
do consol, bonds
do
2d series.,
do
do deterred do
new
93*
93*
93* ‘
97
9*1*'
92*
107*
107*
110
110
no
do
do
pref
24*
24
25
25
17
17
10
do
do
8
7
55
56* ’
54*
28
28
28
52*
53
3t>
37*
10
94
68
29*
90"" 94"
90
Long Island
Marietta A Cln., 1st preferred
do
do
2d pref.
8
7s,
95*
Morris A Essex
Mo., Kansas A Texas
Jersey Southern
133
N. Y., New Haven A Hartford 130
52
Ohio A Mississippi, preferred. 47
Pacific of Missouri
93*
Pitts.. Ft W. A Chic.,guar...
do
do
special..
lio"
Hensselaer a Saratoga
Home, Watertown A Ogdens..
St. Louis, Alton A T. Haute...
do
do
pref. 23
Belleville A So. Illinois, pref.
St. Louis iron Mount. A South io*
Toledo, Peoria A Warsaw
N ew
Toledo. Wab. A Western, nret.
....
...
•
•
75
80
....
99*
85
92
108*
108
48*
95*
N. Y. Central 6s, 1883
93*
do
6s 1887
91*
do
6s real estate
do
6«. subscription. 91*
do
78. 1876
do
7s, conv. 1876 ...
do
7s, 1865-76
106
103
no A Hud. 1st mort .coup
do
1st mort , reg.. 105*
105* 106'
Had. R. 7s, 2d M. S. F.1885
102
do
7s, 8d Mort., 1875
..
Harlem, 1st mort.7s,coup....
Central Pacific gold Bonds....
State Aid bds.
do
Western Pacific bonds
Union Pacific 1st M’geBonds.
do
Land Grants. 7s.
do
Income past due
do
Sinking Fund...
PaciflcR.of Mo. 1st M
do
1st Carond’t B
2d M
do
co
90
•6*
77
90
90* 90*
35
36
88
78*
73
40
90
74
79
Pacific R. 7s
103
do
do
2d Mort. 102
do
do
3d Mort. 95
96^
101
Cleve. A Fitts. Consol, S. r’d. l00
-.00*
do
do
Sd Mort
90
«I«•
do
4tb Mort
do
St. L. A Iron
do
1W* 1114*
85*
86*
69*
guart’d by Mo... [00
Pitts., Kt. W. A Chic., 1st M.... 104*
2d Mort
Mountain, 1st M.
do
2d M.
Alton A T. H., 1st M
do
do
2d M. pref
do
do
2d M.lncome..i
25
84*
11
Atchison A P. P’x,6bgold ....
Atlantic A Pacific L G. 6s gld
25*’
Atchison, Top. A S. Fe 7s gld.
Atchison A Nebraska 8 p. c...
Bar. A Mo. River, stock...
Land M.-7S..
2d 8., do 7s..
4d S.. do 8s..
rlo
4th S.,do 8s...
do
5th 8., do 8s..
do
6th S., do 8s..
do
do Creston Branch
do Chariton Branch
do
do
do
do
Ho
do
do
do
do
do
40*
98
97
98
99
99
92
92
65
96
54
77
80
70
50
Chic.,Dub. A Minn., 8s..
Peoria A Hannibal R. 8’s. js *
o
Chicago A Iowa R. 8’s....
American Central 8s
Chi. A Southwestern RR. 7’s..
Chesapeake A O. 2d m. gold 7s
Col. A Hock. V. 1st 7s, 3d yrs
do
do
1st 7s. 10 yrs.
2d 7s, 20 yrs..
do
do
Chicago, C. A Dub. 8s
45
Atlanta, Ga., 7s
xiCO
99x
¥
100
90
60
60
80
85
50
70
75
x.,
X.,
70
99
67
40
S2
82
82
65
90
.......
KAILROAD8.
65
55
60
80
60
25
15
7*
92* 102
60
35*
80
85
85
55‘
40
50*
50
50
30
23
10
10
S3
81
85
30
52
42
63
4* ••
10
30
95
85
66
67
Charlotte, Col. A A., 1st m.,7s.
do
do
stock
Charleston A Savannah 6s, end.
Savannah and Char., 1st m., 7s.
Cheraw and Darlington 7s....
East Tenn. A Georgia 6s
EastTenn.A Va.6t», end. Tenn
35
62
70
90
72
72
E.Tenn.,VaA Ga., 1st M., 7s..
87
Georgia R. R.. 7s
do
stock
Greenville A Col. 7s, gnar
7s, certif..
do
do
Macon A Brunswick end. 7s...
Macon A Western stock
Macon and Augusta bonds... .
do
do
endorsed .
do
do
stock
Memphis A Charleston, 1st 7k..
90
85
53
50
72
81
88
90
15
81
65
16
65
85
85
do
do
,
60
stock
do
do
do
2d 7s..
stock.
Memphis A Little R. IstM....
Mississippi Central, 1st m.,7s.
do
2dm., 8s...
Mississippi A Tenn., lstm.,7s .
do
do conaoid.,3
Montgomery A WestP..1st 8s..
do
do 1st end.
••••
72
70
60
70
80
75
71
70
67
18
95
95
85
80
98
88
Mobile A Mont.. 8s gold, end..
Mobile A Ohio sterling
ex ctfs.
do
do
do
do
do
88, interest....
do
do
2 mtg, 8s
do
do
stock
N. Orleans A Jacks. 2d M. 8s.
do
do
cert’s, 8s.
N. Orleans A Opelons,lstM.8s
Nashville A Chattanooga, 6s...
NorfolkA Petersburg 1st m.,8s
do
do
7s
do
do 2dmo.,8e
Northeastern,
do
82
8.C.,lst M.8s....
2dM., 8s...
Orange and Alex., Ist8,6s..
do
2ds, 6s.
do
3ds, 8s..
do
4tbs,8s..
Kichm’d A Peterb’g 1st m., 7s.
80
74’
Rlch.,Fre’ksb’g A Poto.6s...,
70
Southside, Va., 1st M. 8s
2d M. guar. 6s
3d M. 6s
4th M. 8s
Southwest RR.,Ga., IstM....
o
stock...
S. Carolina RR. IstM7s (new)
do
6s
7s.
do
do
stock
West Alabama 8s, guar
PAST DTJK COUPONS.
Tennessee State Coupons
Virginia Coupons
ao
Consol. Coup.......
Memphis City Coupons..
92
85
90
82
91
75
90
80
30
68
do
do conv. 7s
do
Kich. and Danv.lst cons’d 6s..
South A North Ala. 1st M. 8s.
do
do
do
80
••
do
do Income
Mont.A Eufaulalst 8s, gld end
95
l66*
20
Central Georgia, 1st M.. 7s
do
consol. M. 7s
do
do
do
stock
do
SO
72
85
85
55
<0
62
75
74
75
45
42
55
40
40
65
80
70
50
65
45
65
45
68
70
Ala. A Chatt..lst,M,8s, end...
Ala. A Tenn.R.lst M..7s....
do
2d M.,7s
Atlantic A Gull consol
do
do
end. Savant
do
do
stock
do
do guaran.
do
75
Logans., Craw. A S. W. 8s, gld.
95*
Michigan Air Line, 8s
Montlcello A P. Jervis7s,gold
85
Montclair 1st 7s, gold.
Mo., Kan. A Texas 7s.gold....
Mo. R.. Ft., 8.A Gulf 1st. M, ins
do
do
2d M.,10s
43
N. J. Midland 1st 7s, gold
55
6s
166*
57*
is'
10s
‘
to railroads,
Wilmington, N.C.,6sgold
do
do
8s gold....
90
88
50
40
bonds, 7s
Richmond 6s
Savannah 7s, old .
do
7s, new
95
88
96
44
consoles
do
do
do
do
do
do
do
Norfolk 6s
Petersburg 6s
35
....
7S
7s,bonds
Memphis old bonds, 6s
new bond8,6s
do
do
end.,M. A C.R.R....
Macon
100
no
ICO
40
100
95
80
102
30
Kal., Allcghan A G R. 8s,guar
95'
Kal. A White Pigeon 7s
90
Kansas City A Cameron 10s.
Kan. C., St. Jo. A C. B.8s of ’35
Augusta, Ga.,7s,bonds
do
90
5
8s
do
Montgomery 3s
Nashville 6s, old
do
6s, new
60
90
85
80
83
iiffi
citikb.
Mobile 5s
ao
8s
84*
92'
.70
stock 6s
Charleston, 8. C., 7s, F.L.bds...
Columbia, S. C., 6s
Columbus, Ga., 7s, bonds
Lvnchburg 6s
80
l66*
gld
....
Charleston
65*
Indianapolis A St. LonisTs....
Jackson, Lansinir A Sag. 8s...
Jack., N.W.A 8.E. 1st m gl s7
Kansas Pac. 7s, Extension,gld
do
7s, Land Gr., g
do
7s,
do new, gld
do
6s, gld, Jun A Dec
do
6s, do Feb A Aug
do
7s, 1876, Land Gr.
do
7s, Leaven. Brch.
do
Incomes, No. 11..
Land Wan ants...
Southern
40
65
70
88
85
Indianap. A Vincen. 1st is,guar
Iowa Falls A Slonx C. 1st ,s...
do
18
Securities.
37*
60*
95
70
60
65
Evansville, Hen. A Nasnv.7s..
do
2d 7s.
N. Y. A Osw. Mid. 1st 7s, gold,
do
do
2d 7s, conv.
do
West- Extension 7s.
N. Haven^Middlet. A W. 7s....
North. Pac. 1st m jrold 7 8-10s
18
50
93
£0
45
50
Dutchess A Columbia 7s
Denver Pacific 7s, gold
Denver A Rio Grande 7s, gold
Evansville A Crawfordsv. 7s..
Erie A Pittsburgh 1st 7s....
do
2d 7s
do
7s, equip.
do
do
do 8s of 1898
Keokuk A Des Moines 1st 7s
L. Ont. Shore RR. 1st m. gld 7s
Lake Sup. A Miss. 1st 7’s, gld.
Leav., Atch. A N. W. 7s, guar.
Leav Law. A Gal. 1st M.,10s..
Louisiana A Mo. Riv. 1st m. 7s
stM.,10s
Walkill Valley 1st7s,gold
West Wisconsin 7s, gold
Wisconsin Valley 8s
50*
Det..Lans.ALakeM.l*tm. 8s
do
do
2d m. 8s
do
No 16..
do
Stock
do
Kalamazoo A South H. 8s, guar
50*
do
Union A Logansport7s
Union Pac., bo. branches,
•
60
old...
50
60
do
do
2d guar
St.L. A Bo’eastern 1st 7s,gold
90
90
Dan., Urb., Bl. A P. 1st m 7 gld
Des Moines A Ft. Dodge 1st 7s.
Detroit, Hillsdale A In. RR.8’s
Evansville, T H A Chic 7s, gld
Flint A Pere M. 7s, Land Gr..
Fort W.. Jackson A Sag. 8s...
Grand R. A Ind. 7s, gold,guar
do
do 7s, plain
Grand River Valley 8s
15
95
95
Sandusky, Mans. A Newark 7s
St.Louis, Vandalia A T H. 1st
95
Chicago, Bur. A Quincy 7s...
Elizabethtown A Padu. 8s con
100
92* 100
8 p. c:
St. Jo. A Den. C.8s,gold,W D.
do
do
8s, gold.E.D
100
#0
Bay Cttv 8s...
Det., Eel River A 111. 8s
Rome, W. A Ogdensburg7s...
90
94
77
55
85
Rondout A Oswego 7s,gold...
Slonx Citv A Pacific 6s
South Pacific 6’s,gold
Southern Minn, construe. Ss.
do 7s
do
do
loo’
»«■
Detroit A
Rockf’d.R I.A 8t. L.1st 7s,gld
St.Jo.AC.Bl.
98"
do
Land G. 6s g
Central of Iowa, 1st M, 7’s gla.
do
2d M, 7’s, gld
Keokuk A St. Paul, 8s.... ‘
Carthage A Bur. 8s
Dixon, Peoria A Han., 8s.
O.O. A Fox R. Valley 8s.
Quincy A Warsaw, 8s....
Omaha A Southwestern RR.8’s
Oswego A Rome 7s, guar...
Peori a.Pekln A 1.1st m....
Peoria A Rock I. 7’s, gold.
Port Huron A L M.?s, gld, end.
do
do
7s, gold....
Pnllman Palace Car Co. slock
do bonds, 8s, 1st series
St.L., A St. Joseph, 1st,6s,gld
Southern Central of N. Y. 7s..
Arkansas Levee bonds 7s
Hons. A Tex. C. 1st 7s g
103
82
91
91
88
70
75
99* 100
Chic. A Mich. L. Shore
95
82
¥
80
SO
30
Connecticut Western 1st 7»..„
80
Mich.Cent.,Consol. 7s. 1902... 112
do
1st M. 88,1882
New Jersey Southern 1st m i’s
do
do
reg
North Missouri 1st mort
Ohio A Miss., consol, sink. f...
do
Consolidated....
2d
do
do
83
the per
Bid Ask
8XOTTKITIX8.
Rome A Watertown 7a
Chic. Danv. A Vincen s 7s, gld
Chic. A Can. South. 1st m gl 7s
Ch., D. A V., I. dlv., I m gld 7b
Cleve., Mt. V. A Del. 7s, gold
Connecticut Valley 7s
2d M
do
do
99* 100
Mlcb. So. 7 per ct. 2d Mort
mi
Mich. S. AN 1. 8. F.7P.C.... 108
102
Cleve. A Tol. Sinking Fund .. 101
99
100
Cleve. A Tol., new bonds
99
Cleve., P’ville A Ash., oldbds.
93
do
' do
new bds.
97
93
Detroit, Monroe A Tol bonds. 99
100
Buffalo A Erie, new bonds ...
98
101
Buffalo A State Line 7a
100
Kalamazoo A W. Pigeon, 1st.. 75
100
98*
Lake Shore Dlv. bonds
do
Cons. coup. 1st., 97*
Cons. reg. 1st... 97*
do
do
C^ns. coup. 2d., 90
92
do
ConB. reg. 2d—
Marietta A Cln., 1st Mort
do
consol. 7s
102
N. Haven 6s
it
III. Grand Trunk
*78*
Indianap., Bl. A W. 1st M
74*
Miscellaneous List.
Bur., C. R. A M. (M. div.)g.7s
98* Burl. A M. (in Neb.) 1st conv..
Cairo A Fulton 1st 7s, gold....
California A Oregon 6s, gold..
California Pac. RR.7’s, gld....
do
6s, 2d M., gld
Canada Southern 1st 7s, gold..
Central Pac. 7s, gold, conv
99*
Buff. N. Y. A K. 1st M., 1877.... 85
do
large bonds.. 85
Han. A St. Jo. Land Grants...
do
do 8s convertible m.
Illinois Central 7 p. ct., 1875... 100
Dub A Slonx C., 1st. M
90*
do
do
2d dlv
Cedar Falls A Minn. 1st M
do
30
78
97
do
97*
no
7s of 1871
Erie 1st Mortgage Extended . 103
do
Endorsed...
do
99" 100
do 2d do
78,1879
97
98
do
do 3d
7s,1883
10U
101
do 4th do
7s, 1880
94
do 5th do
7s. 1838.
do 7s, cons. mort. gold bds..
Col., Chic. A Ind. C., 1st Mort. 70*
iTIiacellaneoas Stocks
American District Telegraph.
A tlantic A Pacific Telegraph.
Co.
•
.
....
•
90
•
conv.
....
72
Michigan Central
r
2d M.. 103
Long Dock Bonds
101
26*
•
Long Island RR 1st M
Nashville A Decatur 1st M. 7s
South Side, L.I, 1st Mort. bds
Western Union Tel. 1st M.7s..
104
106*
Morris A Essex, 1st Mort.
10L
2d
Mort
do
do
do
do
Conv. bonds M
do
do
Constructor S3
40
40
52
•
Del., Lack. A Western, 1st M. 104
112
112
106
106
5
:
•
85
Del. A Hudson Canal IstM.*91 1M*
105
do
1884 103
do
105
do
do
1887 102
91
t
45
Pekin,Lincoln A Decatur IstM
Cm.,Lafayette A Chic. IstM.
104*
-
65
50
Han. A Cent. Missouri 1st M..
,
*
77
Lafayette, Bl’n A Miss. 1st M.
49*
.
no
uo
no
2J
20
00
do
do IstM.I.AM.D.
do
do
IstM. I. AD..
do
IstM. I. A I...
do
do
do
1st M. H. A D.
do
do
IstM. C. AM.
2d M
do
do
do
Chic. A N. Western 8. Fund... *....
do
do
Int. Bonde 98
do
do
Consol, bds
do
Extn. Bds
do
do
1st Mort..
do
do coup gld bds 77*
do
do regrn
do
do
Iowa Midland, 1st mort.,8s...
Galena A Cntcago Extended . 101
do
2d Mort... 100*
Peninsula 1st Mort., conv. ...
Chic. A Milwaukee 1st Mort... 91*
Winona A St. Peters 1st m
'
2d m..
do
C. C. C. A Ind’B 1st M, 7s, S. F. 102*
....
Dubuque A Sioux Citv
Harlem pref
Illinois Central
Joliet A Chicago
44
^
Mil. A St. Paui 1st M. 8s P.D. 164*
do
do 7 3-10 do
do
do
do
7s gold R. D.
do 1st Mort.LaC.D
uo
do
Hannibal A St. Joseph, pref..
„
«..
Central Pacific
98*
Chicago A Alton
do
do
101*
pref.
Chic. Bur A Quincy
101* 102*
Cleve.. Col., Cln. A Ind........
37
Cleve. A Pittsburg, guar....
67*
48*
New York A
iActive
quoted.)
.lbany Apreviously
Susquehanna
Delaware A Hudson Canal
Chesapeake A 0.6s, 1st m
24*
....
67*
.«.
Railroad Stocks.
Boston WaterPower
Canton Co., Baltimore
Cent. N. J. Land Improv.
23
....
Funding Act, 1866 20* *
Land C, 1889, J A J
do
do
do Land C, 1889, AAO
do 7s
of 1888
do
do nonfundable bds.
do
Tennessee 6s, old
do ex coupon
do
do
do new bonds
do
do
do ex coupon
do
do
do new series
Erie
Bost., Hartf. A Erie, 1st M. ..
do
do
Guaranteed
Bar., C. Rapids A Minn.lst7s,g
•
6s,1875
103
103"
do 6s, 1881
105* 105*
do 6s, 1888
103
Rhode Island 6s
25
South Carolina 6s
18
do
Jan. & July... 17
do
do
do
April & Oct...
do
..
....
35
103
93 s,
Ohio
lo
do
do
do
do
#
♦ t
96*
95*
do
do
6s, Gold reg. 1837..
do
6s, do coup-18(^7..
do
6s, do loan. 1883..
do 1891..
do
6s, do
do
1875..
do
5s, do
do
1876..
do
5s, do
Worth Carolina 6s, old, J. A J.
do
do
A. AO
do
do N.C. R.R. JAJ....
do
do do
A.* O....
do
do do coup off, J. A J
do
do do do off, A. A o.
do
do Funding Act, 1866.
do
do
1868.
do
do
do new bonds, J- A J.
ao
A.AO.
do
do
do
do Sped Tax, Class I
do
do
do
Class 7
do
do
do
Class 8
do
do
do
do
....
..
»
99
98
do
ao
coup
6s, Canal Loan 1874.
1875..
6s, do do
6s, do do
1877..
1878..
6s, do do
do
do
d'-
f
104
Funding bonds due in IS94.
Long bonds due ’81 to '91 incl
Asylum or Unlv^rs,, due !8jJ2
3. A St. jo. fund b, due 1875
do 1876.
do
do
do 1686.
do 1897.
do
New York Bounty Loan.reg.,
do
2d
3d
do
do
do
W. D..
BurPn Div.
2dM....
Consol. 7s..
Tol. A Wab’h, 1st Mort. ext’d.
do
1st M. St L dlv
do
2d Mort
do
Equip. Bds...
do
tons. Convert.
Hannibal A Naples. 1st M
Great Western, 1st M., 1888....
2d M. 1898....
do
Quincy A Tol., 1st M., 1890....
111. A 80. Iowa. 1st Mort
240
f
7s, new bonds
7s, endorsed
7s, Gold bonds
ao
21
250
67* 71
...
.
do
do
do
do
do
do
5
....
ex coup
do
do
Chic. A Alton Sinking Fund..
do
do
1st Mortgage... i05
do
do
Income
Joliet A Chicago, 1st Mort
86
Louisiana A Mo., lat M. guar.
St. Louis, Jack. A Chic. 1st M. 96*
ff
Chic., Bur. A Q. 8 P1 c. 1st M...
Chic. R. Island A Pacific
104*
Central of N. J., 1st M., new., 105*
do
do
2d Mort.
do
do con.conv.... 10U* 102
Am. Dock A Improve, bonds. 98* 99*
Georgia 6s
do
3
Kallroad Bonds.
Albany A Susqh’a, 1st bonds..
do
do
do
....
2*
pref..
Maryland Coal
Pennsylvania Coal
Spring Mountain Coal
8s Mont A Euf'la R.
do
8s, Alab. A Chat. R.
of 1892.
do
8s
10
Arkansas 6s, funded
8
do
7s, L.R. A Ft. 8. lss.
8
lo
7s, Memphis A L. R..
8
10
7s,L.R.,P.B.AN.O
8
Jo
7s, Miss. O. A R. Riv.
8
7s Ark.Cent R....
do
no*
California 7s
do
7s,large bonds..
103
Connecticut 8s.... *
ao
do
do
do
Indiana
Illinois
do
do
do
do
47
46
Consolidation Coal of Md
State Bonds.
Bid. Ask.
SXOUBITIKS.
Bid. Ask.
SXOUBITIXS.
_
'
United States Bonds ana active Railroad
.
[September 12, 1874.
CHRONICLE.
THE
268
95
50
55
12
85
52
90
84
46
<
September 12,
269
THE CHKONICLR
1874.]
NEW YORK LOCAL SECURITIES.
Bank Stock List.
Insurance Stock List.
j
Marked thus (*)
are Par Amountb. Periods
notNational.
100
100
1
1U0
l
I
Central
25
25
25
100
Chatham
Chemical..
25
100
1
Citizens’
25
100
J.& J.
M.&N.
Commerce
100
Continental
Corn Exchange*
Currency
100
100
100
J.&J.
J. & J.
F. & A.
America*
American Exchange
Bowery
Broadway
Bull’s Head*
Butchers & Drovers
.
City..
...
1
1
J.&J.
1
J.&J.
J.&J.
...
2
000,000
’200, IX H)
Grocers
Hanover
Harlem*
100
Importers’ & Traders’
Irving
100
50
100
1
100
100
50
500,000
100,000
2,050,000
100
500,000
400,000
100
100
25
50
25
100
50
5-0
Metropolis*
Metropolitan
Murray Hill*
100
Nassau*
National Gallatin
New York
New York County....
N Y. Nat. Exchange.
N Y. Gold Exchange*
100
50
1
200,000
200,000
300,000
000.000
’100,000
500,000
’500.000
600,000
1,000,000
2,000,000
500,000
600,000
1,000.000
3.000,000
1,000,000
500,000
100 4.000,000
100
200,000
Ninth Warn*
Nortfi America*
North River*
Oriental*
Pacific*
Park....
Peoples*
Phenix.
Produce*
Republic.?
St. Nicholas
Seventh Ward
Second
Shoe and Leather
Sixth
State of New York....
Tenth
Third
Tradesmen’s
Union
West Side*
Gas
and
J. & J.
M.&N.
F.& A.
M.&N.
M.&N.
8
10
8
8
12
7
10
10
8
12
!0
10
8
10
to
s
6
F.&A.
J. & J.
F. & A.
J. & J.
J. & J.
J. & J.
J. & J.
M.&N.
M.&N.
M.&N.
J.&J.
J. & J.
J. & J.
J. & J.
12
422.700
Q-F.
16
12
12
12
10
7
412,500
J. & J.
J.&J.
1,800.000
J.&J.
2,000,000
250,000
2,000,000
F.&A.
1.000,000
F.&A..
12
10
7
8
9
Apr. 1,74. .4
May.11.74..4
Apr. 10/74...4
July 1,74...5
74...7
July
July 1,73...3
May, 73... 5
July 1, 74...4
Jan., 73. .8
July 1, 74 ..4
July 1, 74.3k
July 1. 74...6
Aug.l, 74...S
July 1/74...6
July 1/74...5
Inly 1,74.3k
Aug.10.74. .4
July 2,74...3
July 1,74...6
July 1, 74.. .4
10
12
12
8
9
8
200,000
Broadway..,
Brooklyn
*
.
*
0
*
.
*
.
......
8
12
10
100
99k
140
....
......
.....
4
300.0(H)
50
20
50
100
Jersey City & Hoboken
Manhattan
Metropolitan
do
certificates
Mutual,N. Y
100
25
Nassau, Brooklyn
do
New York
scrip
ICO
10
People’s (Brooklyn)
do
do
bonds
Westchester County
50
50
serin.
do
....
Bleecker Ht.dk Fulton Ferry—slock
1st mortgage—,
100
Broadioay dk Seventh Ave—stock
100
loot1
10
1000
100
NX)
1000
500
500
500
100
1000
1000
1000
100
1st mortgage
Brooklyn City—stock
1st
mortgage
Broadway (Brooklyn)—stock
Brooklyn dk Hunter's .fit—stock..
1st mortgage bonds
Atlantic Av Brooklyn—1st mort.
,
2d
3rd
do
do
"
st
2d
mortgage
do
C^ney Island dk Brook'nDry Dock, E. B. dbBattei
2d mortgage, cons’d..,
100
1000
mortgage
ild St. dk Grand St Ferry—stock.. 100
1st
1st mortgage
"Brand Street dk Newtown—stock.
lark Avenue—stock
1st mortgage
Ninth Avenue—stock
1st mortgage
.
...
.
IstTnortgage
mortgage
2d
..
...;—
*...
3d mortgage
Cons. Convertible
Sixth Avenue— stock
1st mortgage
Third Avenue—stock
1st mortgage
...
Williamsburg dk Elatbush—etocK.
1st mortgage
*Tutn column
1,850,000
386,000
4,000,000
2,800,000
750,000
5 000,000
1,000.000
5( >0,000
4,000,000
1,000,000
300,000
400,000
1,000,000
1,000,000
900,000
694,000
2,100,000
1,600,000
2,000,000
300,000
200,000
400,000
300,000
May. 9/71.. 4
©
100
...
.
...
#
©
.
German-American
127
...
Germania
Globe
Greenwich
Guardian
Hamilton
Hanover
Hoffman
Home
.
195
.....
......
.....
*
.
•
i22
•
......
*
•
•
•
•
.
•
106k
Hope
Howard
•
•
•
....
129
......
1(6
125
130
124
122
IOO
112
ICO
...
...
90
a
m
.
.
j
.
188
i
110
139
l
10
”
'
141
Sterling
Stuyvesant
fcuowa last
July 21/74
218
160
F.&A.
J. & J.
J. & J.
M.& S.
J. & J.
5
5
5
5
Askd
216
163
162
180x
7
Feb., ’74.
Jan., ’74.
Mch., ’74.
10s. Nov. 1, ’73
7
5
May 1 *74.
Q-F.
M.& S.
F. & A.
J. & J.
J. & J.
4
Jau.,
5
Jan., ’73.
Jan., ’74.
1
7
74
10»
140
85
98
100
132
100
97
!
3
July* 74
J.&D.
7
3
7
May .’74
i83
1872
100
5
Jan., 74
1880
1891
100,000
164,000
A.& O.
J. & J.
18S4
1885
,
70
70
68
1884
7
7
.
18S8
95
18?
102
170
63
85
72k
1,200,000
1,000,000
203,000
750,000
220,000
170,000
254,000
300,000
797,000
1010
1000
1000
200,000
167)000
800,000
350,000
150,000
315,000
750,000
250,000
2,000,000
2,000,000
300,000
125,000
dividend on stocks,
F. & A.
M.&N.
J. & J.
7
7
7
1882
1890
1877
Q-F.
»•
May/74
J. &D
J. & J.
J. & J.
M.&N.
A.&O.
M.&N.
V
Jan .’74
7
4
7
May .’74
2
July*70
7
250.000
200,000
3uo;ooo
200,000
200,000
161
100
J. & J.
MAS.
7
1990
M.&N.
J. & J.
Q-F.
Feb. 74
1877
1876
1885
1888
Nov.73
Bid.
Askd
200,000
200)000
i,ooo;ooo
800,000
200,000
200,000
200,000
210,000
200,000
48,768
318,257
10)462
27)093
50,131
137,974
391,016
69)113
86,872
36,766
74,204 20
70,493 10
15,645 10
.
*
5
....
10
10
10
10
15
10
10
20
10
A
22»583
•
.
.
•
.
.
10
io
io
14
15
15
,
-
11
20
12
250,706 18
176,013 16
96,107
183,209
200,000
800,000
200,000
11,634
200,000
165,316
47.779
88,285
66,279
57,888
15,799
32,898
48,447
200.000
200,000
150,000
181,409
62,186
250,000
216,767
250.000
158,628
.
*
July,
*.
10
„
•
*
*.
•20
10
20
10
5
5
20
7
16
•
,t
10
10
16
10
12
12
11
12
10
10
6
3k
.
•
.
12
16
12
12
12
10
11
10
5
.
•
.
•
.
.
10
7
10
10
10
14
14
10
.
.
July, ’74..?
July, *74..5
July, ’74.®
Juiy, *74..»
Julv,’74..J
July, 74.1?
•
•
.
•
•
.
.
.
Angl0’74.1t'
*
.
•*.•••
92
......
......
70
ioo
100
75
100
100
•
•
.
•
140
145
......
106
....
io(T
-
•...
90
....
•
100
....
70
July.’74..5
Apl., ’74..6
July ’74.20
July, ’74.10
Aug.,’74.10
July, 74.10
Jmy, *74. .5
Julv, ’74. 5
•
10
13
10
14
10
July, ’74..5
....
70
102
112
195
145
190
140
no
75
80
65
165
90
.
5
190
95
.....
150
65
100
July. 74..s
•
•
•
-
•
*
....
103
85
85
70
170
95
•
iOTi.1
90
....
.
•
•
••
•
•
....
capital and profit scrip.
do
do
Dock bonds
6
5
..1853-65.
....',..1852.
1870.
7
1860.
6
1865-68.
1863.
1863.
7
do
(.0
....1869.
Consolidated bonds
var.
Street Imp. stock*
var.
do
do
var.
Water loan
do
1852-67.
1869-71
1866-69.
1868-69.
[Quotations by N. T. Berks,
Brooklyn—Local Improyem’t
Cltv bonds
100
Bridge bonds..
IOO
City bonds
Water loan
also date of maturity of bond*.
55”
5
6
Central Park bonds. .1858-57.
do
Park bonds
Water loan bonds
j
5
6
6
7
6
5
.
iS5
Bid.
Payable.
Ask.
*
New York:
Water stock
1841-68.
do
1S54-57.
Croton water stock.. 1845-51.
do
do
..1852-60.
Croton Aqued’ctstock. 1865.
do
pipes and mains
do
reservoir bonds
Bergen Donds
60
Prick
Bondsdue.
Months
Kings Co. bonds
*
do
do
And Interest.
7
6
6
Feb., May Ang.&Nov.
1870-80
1875-79
1890
1883-90
1884-1911
May & November.
Feb.,May Aug.&Nov.
1884-1900
1907-11
1874-98
1874-95
1871-76
1901
1878
1894-97
1873-75
1876
1889
1879-90
1901
1888
1879-82
do
do
do
do
do
do
do
do
do
6 g.
6
7
do
6
7
7
7
7
do
do
do
May & November.
Feb.,May, Aug.A Nov.
May & November.
do
do
do
do
7
do
do
do
do
do
do
do
do
do
do
do
January & Julv.
do
do
do
do
do
do
JaD.,May, July & Nov.
Jr.,
Broker, 2k Wallst.]
7
7
7
7
7
6
6
7
6
January & July,
do
do
do
do
do
do
do
do
do
do
do
do
May & November.
do
do
18771899-1902
1872-79
1874-1900
1875-91
1875-80
1881-95
1915-24
1903
1915
1902-1905
1881-95
1880-88
1875-80
89
95
86
95
S5
104
95
86
95
96
104
96
*103
93
:oo
95
103
90
96
88
96
96
*8*
88
96
97
104 H
97
104
99
101
96
95
95
102
108
85
*96
86
*96
•96
*'100 X
*
*
*108
K2
95
94
**108
.
150
80
80
Aug.5/74 5
July, *74..9 140
July, 74..5 H)5
July,*74..7 140
July, *14 .7 125
INTEREST.
Rate.
.
75
80
•
10
10
12
14
14
10
.
•
80
90
£0
145
80
100
90
170
20
.
•
•
A
,
20
•
*4*.&
9k >uly ,74..5
July, ’74 .5
Aug.,’74.10
5
July, ’74. .5
10
10
Aug.,’74. .6
Julv, ’74.10 105
isk 6
•
3k
•
115
225
*74.12
10
12
20
18
20
14
10
16
10
14
14
10
*
20
14
10
.0
10
*
•
.
•
...
82
90
105
120
250
65
145
95
70
97
65
97
95
8l)
130
135
July,’74..J
20
18
10
18
23
11
0
.0
•
•
July, ’74...
20
20
16
25
6
20
16
12
20
12
20
t
......
July, ’74. ll! 160
65
July. ’74. 5
170
July,
July, 74.1? ISO
90
Julv, *74.. 5
July, ’74.1? 180
4
26,101
137,086
190,248
46,539
-
.
....
T
18
10
11
20
10
87,540 20
•
....
.
.
.
18,886
.
m
....
70
24.ll;
14
85,438
77,573
85,087
260,705 16
74 410 10
’74.15
*74 .5
’74..3
*74. .5
July,’74..5
•
53,082 10
147,745
.....
170
200
135
150
125
80
70
105
no
215
100
’74..8 105
’74. .5 TO
*74. .5 100
75
Aug.,’74..5
•
....
100
210
200
July, ’74..5
July, ’74..5
7k July ,’74*. .5
5
July, *74..7
Jnly,’74. x
10
Mch.,"74 Sin
10
July. ’74.10
20
July,
10
Juiy, “74..r
Tnlv
n
5
5
9k
244,672 10
123,827 10
93,874 20
59,418 5
Api.,
July,
July,
July,
July,
July,
July,
147
.
......
.
4
10
*.
10
10
10
62,187 12
57,210 10
60
90
July, *74..5
11
12k 12k July/74.?k
28
24
20
July, ’74.25
10
8k
July. ’74. .5
17 k 20
15
July/74..10
10
July, *71. 5
8k 10
10
July, 74..5
10
9,980
.
5
10
.
10
33/329
131,879
184,417
200,000
150,000
200,000
200,000
..
10
80,690 11
20
2(7,874
24,653 10
112,555 16
137,544 10
238)989
.
10
7
5
5
10
July, *74..5
July. *74..5
June,*74.H
July,.74.8k
10
....
100
Aug./74.10
July, *74.20
20
10
.
10
2L)755
188,248
257,122
.
.
.
20
10
10
....
....
827,584
111 *467
255,6H4
1,000,000
10
10
10
20
20
10
10
11
10
18
20
10
4
July.’*4..5
AuglO 74.10
10
July, *74.*.0
July, *74..5
5
July, ’74..5
5
July, *74. .8
8k JuJy,*?4.. .5
17
10
10
11
14
98,640 14
145
14
14k 14k 20
20,349
500.000
150,000
ISk
60
80
Juiy,’74..7
July, *74. .5
.
•20
20
7
13
20
15
20
13
224,865 20
11.840
150,000
.
,,,.
214,880 16
200,000
350,000
200,000
200,000
3k July, *74..5
July,’74..5
14
10
5
[Quotations by Gko. K. Sistabk.]
Sewerage bond*
45
12
15,193 10
45)287
210,000
300)000
Jersey City:
100
70
60
1878
1890
Feb.l ,74
1G90
Q.-F.
J.&D.
F.&A.
A.&O.
M.&N.
200)533
17
12
10
18
193,994
Improvement stock.... 1869
85
1873
7
2
7
7
7
7
5
7
2
7
g 59g
227,332 88k
250,000
10
5
14
6
10
15,295 10
i5s;ooo
300;000
Assessment bonds... 1870-71.
J. & J.
1871 1871 1872 187S Last Paid
Over all liabilities, including re-insurance,
26 per ce nt In scrip and 5 per cent. In cash
Market stock
Soldiers’aid fund
do
do
90
6
Williamsburg City.
do
Floating debt stock
1,164,000
600,000
500,000
Prig*.
Dividends.
City Securities*
8 (%
93
90
7
J. & J.
J. & J.
Tradesmen’s
United States
126
90 k
SO
111
97
J. & J.
J. & J.
Q-F.
200,000
225
Sept 22/74
87
M.&N.
£
Star
5
3H July 15,’74
115,000
1000
20
Id
1000
100
1000
50
1000
100
1000
100
1000
100
1000
Q-F.
J. & J.
A.& O.
I
I
<:
Rate.
200 000
400.000
100
30
50
17
204;000
1 vi nm
10
10
150,000
100
200,000
100 1,000,000
50
500,000
50
200,000
25
200,000
100
200,000
15
150,000
50
400,000
•jmnm
50
AW jWV
100 2,500,000
25
150,000
50
500,000
50
200,000
50
•aWjWa/
80
200,010
20
150,000
40
280,000
50
150,000
100
200,000
25
150,000
50
200,000
25
800,000
100
2'0,000
100
250,000
25
200,000
150 000
50
50
200,000
50
200,000
i0
300 000
50
150,000
50
200,000
100
100
50
25
25
100
20
50
50
50
100
200
25
100
25
50
ICO
100
25
25
25
50
iio
Bid.
200.000
200)000
165
137
140
100
Last
dividend.
7
7
550;000
.'.
120
110
113
Jah.274.2kg
July l/74-.4g
July 1.74...5
May 1, 74...5
July 1. *74.. .4
J & t)
A.& O.
900.000
Eighth Avenue—stock..,
Second Avenue—stock
2,000,000
1,200,000
Firemen’s
Firemen’s Fund...
Firemen’s Trust..
Gebhard
....
100
25
50
25
100
25
17
20
70
100
30
100
50
100
40
Julv 1. 71...7
8
12
11
8
Par Amount. Periods.
25
20
Continental.*,,.,.
Eagle
Empire City.’.
Exchange
Karragut
.
[Quotations by Charles Otis, 47 Exchange Place, and other brokers.]
Brooklyn Gas Light Co
Clinton
Columbia
Commerce Fire...
Commercial
...
•
City It.It. Stocks and Bonds.
Citizens’Gas Co (Bklyn
do
certificates....
Harlem
City
*
1,' 74...4
May 1/74....5
May 1,74...5
July 1.74...4
July 1/74...4
July 1,71. .4
July 6,74...5
Aug. 10/74. 4
J.&J.
1,000,000
1,500,000
May
.
Brewers’ & M’lst’rs
T
-
Citizens’
July 1,74...5
July 1,74. ..5
8
1,000,000
1,000,000
•
-
......
:*ept.10/74. .4
July 1, 74...7
July 1, 74...5
July 1/74... 6
Feb.l2/74.?k
July 10/74.. .4
Aug.10/74. .5
Jan. 10/73... 4
July 1, 74...5
S
6
10
6k
J. & J.
M.&N.
J. & J.
J. & J.
J. & J.
M.&N.
J. & J.
•
50
3k Julyl5/74.3k
,,,,,,
J. & J.
J. & J.
200.000
•
•
.
14
6
5
8
8
8
500.000
300.000
2,000,0n0
1,000,000
^Etna
American
American Exch’e.
Arctic
Atlantic
••••••
May 1,74
7
May, i/74..io
May 1/74..in
July 1, 74...5
July 1.74.. 4
12
10
10
8
10
10
8
6
rt
•
25
100
Adriatic
n
T -
,37k
120
Feb. 1, 74...3
4
7
-f
118
May 1, 74.6k
10
7k
.
-
Bowery
July l. 74...8
July 1, 74.. 4
10
10
J.&J.
J. & J.
200,000
,
•
•
300
July 1, 74...4
July 1, 74.3k
July 1, 74.2k
12
7
400,000
300,000
1,500,000
•
*
.fnl v1fi *73 .1U
14
8
1,000,000
200,000
500,000
500,000
.
98
160
••••*.
July 6. 74. .-4
Juiy 1. 74...4
Aug. 1,74. ..5
July 1, 74...4
10
4
8
8
8
8
10
15
7
5
9
•
130
July 1,74...5
Aug.!, 74...5
10
20
10
8
3
10
-
127k
Ju!v 1, 74...5
July!, 74.. 15
8
7
20
10
8
4
12
M.&N.
J. & J.
J.&J.
M.&S.
J.&J.
J. & J.
J. & J.
•
.....
July 1/74...4
14
15
9
10
A. & ().
M.&N.
A.& O.
J.&J.
J. & J.
J. & J.
J. & J.
J. & J.
J.&J.
J. & J.
1,000,000
1,500,000
100 3,000,000
100
100
100
100
100
100
50
25
50
100
25
20
100
100
100
100
100
100
100
100
100
100
40
50
100
8
7
14
20
8ub|
Jan. 1,
1874.*
112k
Oct., 78...
July 1, 74...5
10
12
7
8
7
fiu
Q-J.
Q-J.
^
20
8
7
10
16
& J
& j*
j. & j.
100
100
25
40
100
Leather Manufactrs..,
Loaners’*
Manufctrers’& Build.*
Manhattan*
Manul. & Merchants*.
Marine.....
Market
Mechanics
Mech. Bkg Asso’tion..
Mechanics & Traders..
Mercantile
Merchants
Merchants’ Ex
100
10
8
Q-J.
25
100
100
100
30
100
Greenwich*
36
10
20
j!
25
East River
Eleventh Ward*
Fifth
First
Fourth
Fulton
German American*.
German Exchange...
Germania*
24
16
10
8
12
Par Amount
14S
July 1,74...5
May 1,74...4
July 1. 74..6
July 1,74.. 12
10
8
24
20
10
8
12
J
100
Dry Goods*
ev.2moe
Net
Capital.
Askd
Bid.
Last Paid.
Companies.
...tt
Q-J.
^
1873
10
8
J.&J.
M.&N.
J.&J.
J.&J.
1
1
1872
(Quotations by K. S. Bailey. broker, 65 Wall street.)
j
Price.
Dividends.
Capital.
COMPANIK8.
1C1H
102*
103k
108V
!02X
!S*
*8*
12; 1874.
AND
ir^r explanation of stock
1 • Prices of the most Active
ers’ Gazette,” previously.
Full
found on preceding pages.
2. Government
Number of Stockholders
First Mortgage 0 per cent.J
Less repurchased and received in
Debenture Bonds
~
STATE, city and corporation
finances.
and bond tables.
Stocks and Bonds are given in the “ Bank¬
quotations of all other securities will be
Securities, with full information in regard to each
the periods of interest payment, size or denomination of bonds, and
numerous other details, are given in the U. S. Debt statement published in
Thk Chronicle on the first of each month.
.
3. City Bonds, and Bank, Insurance, City Railroad
Gas Stocks, with quotations, will usually be published the first
weeks of each month, on the page immediately preceding this.
,
■
and
three
Tables of State Securities, City Securi¬
ties, and Railroad and miscellaneous Stocks and Bonds
last Saturday in each month. The publi¬
fourteen pages, requires the issue of a
supplement, which is neatly stitched in with the usual edition and furnished
will be regularly published on the
cation of these tables, occupying
to all regular subscribers
'
$15,000,000
exchange for
985
2,635,100
12,364,900
2,124,000
7 per cent
3,426,000
1,318,000
Total Mortgage Debt
$19,232,900
Floating Debt secured by First Mortgage Bonds as collateral....
2,z9o,ui7 78
Floating Debt secure! by 7 per.cent Bonds as collateral
3,618,919 13
2,294,961 51
Floating Debt without collateral security
Total Floating Debt
.*$8,203,818 42
Bonds outstanding
Mortgage Bonds outstanding.
Debenture Bonds, convertible into the
.
Morigage Bonds outstanding. ;
Virginia Central R. R. Mortgage Bonds, outstanding
First Mortgage
Seven per cent
Seven per cent
ssue,
4. The Complete
...$30,000,000 00
15,898,401 96
Capital Stock authorized by Charter
Capital Stock outstanding
Inucstmenfs
of The Chronicle.
,
First Mortgage 6 per cent Bonds hypothecated as
security to Floating Debt
$2,635,100
Seven per cent Mortgage Bonds do
. 5.988,000
* About one-third of the above floating debt is due direct for rails, equip¬
ment, materials, &c., and the balance, for money borrowed and expended for
and for construction, payment of interest, &c.
Messrs. Fisk & Hatch say: “ The holders of about $10,000.Chfttanooga.—The substance of Justice Bradley’s
order, appointing as Receivers of this road, tlio Trustees of the 000 of the First Mortgage Bonds have already funded, or atrreed
first mortgage, Messrs. D. N. Stanton, F. B. Loomis and John C. to fund, their coupons; nearly all of the Second Mortgage have
Stanton, was given in the Chronicle last week. By a certified accepted the proposition; and over three-quarters in amount of
copy of the full order which has since come to hand, we find that the creditors.
“The responsibility now rests with those whose favorable
all the material points covered by it were given in the summary
action is still essential to the success of the plan, and we cannot
already published.
AdaillS Express Co.—Judge Barrett has rendered a decision believe that they will decide that it is for their interest to let it
in Chambers in the suit of Dins- fail for want of their co operation.
on motion made before him
The directors of the Company are among the largest holders
more and others vs. Adam and others.
At the breaking out of
the war the old Adams Express C ompany sold to one Plant the of both classes of the bonds, and it is upon them and upon our¬
southern portion of their business for a nominal $300,000, but selves that the settlement imposes the heaviest concessions.”
really for at least $500,000, and Plant reorganized the Southern
Cleveland Columbus Cincinnati & Indianapolis.—
busi less under the name of the Southern Express Co.
After
The annual report of this company for its fiscal year, ending
the close of the war, and after the Adams Express Company had Dec.
31, 1873, have already been published in The Chronicle
been reorganized, the Einstein brothers brought suit, claiming
some time since.
We have now been able to-obtain a report of
that the transfer to Plant had been merely nominal to protect the the
operations and financial condition for six months later, to June
property, and that the assets of the Southern Express Compauy 33, 1874, and on account of the importance of the company and
should be included in the assets to be distributed to the stock¬ the
prominence of its securities in this market, as well as the fact
holders in the old Adams Express Company.
This suit was con¬ of its connection with the Erie and Atlantic & Great Western, we
tested by the trustees of the old Adams Express Company, and
give place to the later figures. A comparison of business during it >vas finally compromised.
To prevent further, similar suits, the first six months of 1873 and 1.874, is compiled as follows :
the old trustees of the Express Company brought an “ omnibus ” Gross
$4,433,998 98
earnings year ending June 30, 1874.
suit against all the stockholders of the old company to compel Deduct earnings from July to December, 1873—
2,400,31)8 29
an
accounting as to the distributive assets of the old
Gross earnings for six months ending June 30, 1874
2,033,600 69
Company, and sent a circular to a number of the stock Operating expenses for year ending June 30, 1874
3,452,871 77
holders, suggesting to them to appear by the counsel of the Deduct operating expenses from July to December. 1873
1,766,771 99
trustees.
Several did so appear.
The case was prosecuted to an
1,686,099 78
for six months ending June 30,1874
accounting, and a final decree had and a dividend declared of $9 Expenses
Net earnings for six months ending June 30, 1874
347,500 91
per share.
After this, some twenty-five who had so appeared, Gross earnings for six months ending June 30, 1873
2,487,050 30
1,783,64-4 56
brought suit to open the decree on the ground that the trustees Operating expenses for six months ending June 30,1873
had deceived them in their circular, and that the suit was, in fact,
Net earnings for six months ending June 30, 1873
703,405 74
brought wholly in the trustees’ interest.
This motion was ulti¬
A new mortgage' was lately recorded by this company tor
mately withdrawn, and a new dividend of one dollar per share $7,500,000, of which $3,450,000 is to be reserved to pay off the
declared, which was accepted by those defendants.
present debt.
Other defendants, who had appeared in the same way, renewed
the motion, which was argued before Judge Barrett, who decides OPERATIONS AND FISCAL RESULTS FOR YEAR ENDING JUNE 30,’<4.
that there was so much concealment in the circular of the trus¬ Locomotive Mileage—Passenger trains, 757,227; freight trains, 2,299,135; con¬
struction and other trains, 139,742. Total, 4,196,104.
tees, by which those parties were induced to employ the trustees’ Passenger Traffic—Passengers carried, 524,660; do. carried one mile, 26,659,633.
Average amount received per mile for each passenger, 3.0t cents.
attorney as their own, that the decree must be opened, as these
parties cannot be said to have acquiesced in the decree ; but those Freight Traffic—Tons moved—through, 1,041,982; and local, 516,632. Total,
1,558,614. Tons moved one mile, 254,401,262. Average amount received per
who made the former motion and afterwards received the second
mile for each tonl.295.
•
dividend, must be held to have acquiesced, and therefore are not Gross Earnings—Passenger (through, $330,110 94; and local,
entitled to have the judgment opened as regards, them.
$472,163 23), $802,274 17; freight (through, $2,233,344 92; and locul,
$1,060,941 17), $3,294,286 09; mail, $82,788 75; express, $82,431 31;
California Pacific.—The Frankfort Committee of California
all other, including rents, &c., $172,218 66
$4,433,998 98
Pacific Extension bondholders advertises that it will commence Operating Expenses—Maintenance of way and structures, $759,315 28; maintenance of cars, $309,540 71; motive power, $177.legal proceedings against this company to compel it to fulfill its
052 89; conducting transportation, $2,021,068 44; taxes, $149,51845;
interest on floating debt, $36,376. Total (including taxes and in¬
guarantee on the Extension bonds, and invites holders to send in
terest on floating debt as above, being 77.87 per cent of gross
their bonds and authorizations.
earn-ings)
3,452,871 77
Carolina Central.—Horace G. Onderdonk has begun a suit
Nett
Earninge
$981,127 21
against Edward Matthews, of New York, in which he claims
694,000 00
$500,000 damages. The case involves the question of the validity Received from sale of bonds
Payments.
of the foreclosure of a mortgage executed by the Wilmington,
$244,823 11
Charlotte and Rutherford Railfciad Company, of North Carolina, Interest on bonds.
Dividends of 3^ per cent
254,660 50
of the reorganization of the railroad in question into the Carolina Bonds of the company cancelled
30,000 00
Central Railway Company, and the issue of bonds by the latter, Floating debt liquidated
677,315 02
474,509 S8
and the sale of the bonds during the panic at 40 cents on the Construction, additional equipment, &c
dollar for first mortgage bonds and 15 cents for the second, nearly
Total payments..
$1,951,308 61
all of which bonds were taken by Mr. Matthews.
The validity FINANCIAL CONDITION ON JUNE 30, 1874, AND DEC. 31, 1873.
of the transfer and the sale of $456,000 worth of stock in the old
Liabilities—
• •
June 30, 1874.
Dec. 31, 1873.
company is also disputed, and various other questions of moment Capital stock
$15,000,000 00
$15,000,000 00
are involved.
Less owned by Co....
8,307 25—$14,991,692 75
8,350 00—$14,991,650 00
Funded debt (det. in monthly tables
.
Cayuga Lake.—This road was sold under order of the Court,
3,668,000
00
3,429,000 00
of Chronicle)
9,188 99
9,149
78
August 27, by the referee, P. G. Clark, of Auburn, N. Y. It was New York dividends unpaid
349,557 82
459,585 62
payable
purchased by James Stillman of New York, on behalf of the Bills
352,262 75
407,832 14
second mortgage bondholders, for $1,205,000, which, we suppose, Bills audited..
893,390 19
1,145,538 73
Surplus
includes the first mortgage of $800,000.
The second mortgage
similar purposes,
Alabama &
“
'
•
...
-
bonds amounted to
$400,000.
Chesapeake & Ohio Railroad.—In response to numerous
bondholders, Messrs. Fisk & Hatch have just
issued
a
very
complete statement of facts regarding
this
road, its property, prospects and financial condition.
The frankness and willingness to give full information on
the part of the financial agents will go far toward inducing
inquiries from
all the bondholders to come into the proposed funding arrange¬
ment and complete the matter speedily.
A detailed statement of
the earnings by months is given in the article on railroad
in another column, and shows that the road is even now earning
more than its expenses
cial condition remain as at the close of
considerably
1,1873.
The latter as follows:
Total liabilities
Assets—
Construction
Materials on hand
Real estate
Cash in hand of Treasurer
Due from RR Co’s agents, <fec.„...
Ind. & St. L. RR. stock & bonds..
Cin. & Springfield R’wy bonds....
Cin. & Springfield R’way advances
Columbus Union Depot Co’s bonds
earnings
Spring. & Ill. S’eaetern R’way bds.
Scioto & Hocking Val. RR. bonds.
The equipment and finan¬
Merchants’ Despatch Co’s stock. ..
Stocks & bonds of other comp'ys..
the last financial year, Oct.
$20,516,201 83
$20,190,646 94
$17,197,246 38
397,184 69
$17,097,222 22
398,709 55
46,642 34
87,705 19
339,355 89
1,001,948 40
464,000 00
469,634 72
83,300 00
3,000 00
2,000 00
17,892 86
25,000 00
46,900
184,959
338,040
1,050,748
464,000
l
73
81
40
00
611,292 78
48,700 00
3,000 00
2,000 00
17,892 86
Empire Transportation Co. stock..
Total assets
41
_
25,000 00
129,23511
_154,235 77
„„—
$20,516,201 83
$20,190,646 94
September 12; Wf.}
r»0J:
V" ’irra.OD
.....-prr^F' at::r -txvtzrrrrr
1873-7L
-1872-73.
Connecticut. & Passumjwic Rivers Railroad.— ,l0 ;:>I J ;
106.673 99
107,140 42
iiiteTest
..I'Ji... <©38\
The gross receipts the past year show a decrease as compared
8,000 00
36,347 95
Sinking fund
34.607 58 i <85,090-W
151,356 00
154,056 00
with the previous year of $80',936 94, while the operating Dividends
152*770 54 153,845 96
*34.802 67
3,293 83
Balance to surplus
84
5,848
29,072 37
expenses show a decrease o<| $41,451 92, thus leaving the net
.v'- v
*
earnings larger by $10,514 98. The passenger, earnings are &
Deficit.
trifle over last year, being $287,488 27 against $287,110 53.., The
Financial Condition af (Toe? of Each Year.
local passengers have fallen 62 some, but this has been made up Capital stiObki..~
5j23y60O 2,124,50.1 2,175,500 CO 2,175*500,00
1,357,101 1,763,757 27 1,802,11-9 58
by a gain in through passengers. The company believes that the Funded debt and note's payable 1,015,229
19:1,900 CO
98,200,
.97,100.
193/4)0.00
Sinking fund.and trustees
prospect in the future for the passenger traffic is encouraging Other accounts and liabilities.
43.290 59
144,424
1,911.012
4',542 47
The tonnage is less than last year by 5,085 tons.
This falling off
Total liabilities....
is mainly in the article of lumber, which irade has been very
3,S8i;453
3 770,512 4,174,f99 74 4,214,810 17
much depressed since the panic of last Autumn. Other classes Construction....
3,385,536 3,461,500 29 3,461,500 29
3,145,380
66,461 44
63,151
65,461 44
00,329
of freight have held up very well, considering the dull state of Real estate^... .*
Missisquoi & Clyde Rivers
trade throughout the country.
350,000 00
V
;
Railroad bonds............
846,9‘t0 00
89,000
85.S89 58
It will be remembered that at a meeting of tlie stockholders of Advances to other roads
115,891 91
viQ&3*59
..
.
.
,
.
,
,f
*
Cafih .cn hand
Accounts and other items.
this company held on March 14, 1873, a mortgage for $X,500^00
on the. entire
property was executed, payable in twenty ybars
from April 1, 1873.
Bonds to that amount were prepared, bear¬
.
Total property
ing 7 per cent interest, payable semi-annually on the first days
of April and October,
These bonds are intended to take up the
different classes of notes and bonds now outstanding, so that
there will be ultimately but one class of indebtedness.
There
had been exchanged of the old into the new bonds up to August
22, 1874, $603,500.
The road bed and track have been kept in good repair, and are
now in a very satisfactory condition.
The equipment has also
been kept in thorough repair, and is now ample for the business
requirements of the company.
16*1
!.
...
14 73
“
“
252,145; freight, 193,515; construction, 13,002; lotal,
Passenger Truffle—Passengers carried, 193,529; do. carried one mile, 6,736,788.
Freight Traffic—Tons carried, 153,343; tons carried one mile, 9,722,137.
$445,760 59; ex¬
15. Total..
Operating Expenses—Maintenance of roadway, bridges, buildings,
etc., $182,127;,95;, engines, cars and machinery, $106,381 77;
transportation expenses, $172,001 97; other expenses, $38,000 41.
Total
$771,902 35
(being 64*66 per cent of gross earnings)
499,112 10
Net Earnings over
operating expenses
..
Payments Out of Income—Interest on funded debt.... $105,842 <0
Trustees of sinking fund
8,000 00
Dividends (3 per cent each, Feb. and Aug., 1874)—
151,356 00
Balance of interest account
1,297 72
$272,790 25
Total payments from income
Surplus of the year
Add last year's surplus
$269,496 42
$3,293 83
118 54
Total surplus June 30,
$3,412 37
1874...
FINANCIAL CONDITION ON AUGUST
22, 1874.
Liabilities.
.
$2,176,500 00
Capital stock issued...
Partial payments on stock
Funded debt (details in monthly
Notes
payable
Lyndon lands
Dividend and
Trustees of
...;
...
...
80,1 8 65
:
....
uncalled for
sinking fund
coupons
Sink'ng fund
2,048 23
1,534,000 00
268,119 58
tables of Chronicle)
6,751 34
65,900 00
128,000 00
3,412 37
...:
Balance of income account
Total liabilities
$4,214,810 17
..
Assets.
7.
Construction
Wood lots
$3,461,5Q0 29
V
MemphremagogHouse.
:
60,433 30
5,028 14
350,000 00
Missisquoi & Clyde Rivers Railroad bonds
89,112 75
South Eastern
Railway Company
Montpelier & Wells River Railroad.
.,
Superintendent, including stock and materials on hand
Total assets
Main Liner-Kansas City,
Branch Line—Lawrence,
Passenger train cars..
F’t and construct’n train
cars.
1872- 73.
110 3
110-3
126-4'
458.581
508,839
458,662
167,112
182,-280
193,629
5,018,010 5,596,036
171,923
128,555
8,518,675 12,253,160
6,153,567
158,428
11,209,627
6,736,78S
22
22
754
37 C
Operations arid Fiscal Results.
Tram
337,464
mileage.: A A
160,026
Passengers, parried,
Passenger mileage..,
Freight (tons) moved...-.....
Freight mileage.
-■I I
Passenger earnings
Freight earning^. r.v
Other earnings
.....
i
$
\
<'
287,110 53
484,046 43
31,682 33
T6k¥grott earning::1 1 695,587 02 812.767 79
IpevatitrgexpeBibfl?r:.V;.‘.1.1 411,021 82’•*503,865 87
■L
Nett
earnings
*ttm ii ■».-
288,665 20 808,901 92
153,343
9,722,137
$
287,488 27
802.839'29
540*564 '02;
ff Ovt l»i >1
-
■
262,275 27
445,760 59
38.658 49
48‘00
,W
272,790 25
,
••
.r;
■>.
,
.
..
i»•
\\
Col. Ter,, to Cheyenne, Wyoming Ter.. 106 00 miles.
Ter...
Arkansas Valley—Carson
Col. Ter
Junction City & FoTt
Col.
-
City, Col. Ter., to West Los Animas,
,
.
Kearney—Junction City, Kan., to Clay
Centre, Kan.....
.
“
720 06 miles.
yard.
Denver & Boulder Valley—Hughes, Col. Ter., to Boulder,
Toted controlled
27 00
“
56-33
“
83 33
“
222 66 miles.
“
Equipment—Locomotive engines (including two tank engines), 88. Passenger
,
cais, 44; Pullman sleeping.. 9; baggage, mail, express, <fcc., 20. Total pas¬
senger train cars, 73. Freight train cars—box, 312; flat, 210; coal, 228; stock,
169; combi nation, 406; cabwse, 36; all other, 2. Total of all cars of freight
trains, 1,063. Conslruction, tool, and derrick cars, 7; hand, 118; push, 113.
Grand total of all cars, 1,374. Also, 15 snow-plows.
Grand total of miles owned and controlled.
895 26
,
To
provide the additional cars asked for in the Superintendent’s
report of last
771,902 35
499,112 50
,'■>
:
,
-
233,424 87 260.721 09
436,637 86 524*488 34
27,568 36
,.y.. 25,524 29
Roads Controlled:
Denver Pacific—Denver,
1873-74.
147 3
23
22
783
201
568
and on which the earnings are based. 672 06 miles.
equivalent single track owned... 1'
Gauge, 4 feel 836 inches; weight of rail, 56 lbs. to the
1264
370
147 3
24
24
800
17
633 06 miles.
34 00 “
Total
,
Miles of road owned.
Total equivalent single
Road leased.
Total miles operated.
Locomotives
obligations.
EQUIPMENT.
Mo., to Denver City, Col
Kan., to Leavenworth, Kan
Total length of road owned
Second track and sidings
$4,214,810 17
COMPARATIVE STATEMENT FOR FOUR YEARS.
Hoad and Equipment.
1870-71.
1871-72.
1103
1103
1342
126 4
track
34 0
37'0
144 3
147 3
.
ROAD AND
12,620 19
10,602- 37"
25,367 51
;
/.
to be able to meet all future
26.779 16
1771,366 46
Notes receivable....
Interest accounts
Cash
B. P. Cheney,
Seci'etary. Elijah
;
OPERATIONS AND FISCAL RESULTS.
Gross Earnings—Passenger, $287,488 27; freight,
press. $8,700 02; mail, $22,030 32; rents, $7,923
Amos Barnes.
S. S. Thompson,
LyndpnvlUe, Yt.
Lyndonville. Vt.
.......No. 7Merchants’Exchange, Boston,'Mass.
Detroit and Milwaukee.—Alexander HrSibleyi of New York
city ; Donald Mclnness, of Hamilton, Ontario ;and Henry Ledyard,
of Newport, R. I., through their .solicitor, Sydney D. Miller,
have commenced a suit in equity in tl>e United States Circuit
Court at Detroit, against the Detroit and Milwaukee. Railroad
Company, for the foreclosure of a certain mortgage given to
secure the payment of $2,500,000 bonds issued by the company.
Kansas Pacific Railway.—
The annual report of. this prominent (conipfiti^ for the year 1873
has only recently been published, and, although interesting at
any time, it would have been much more' acceptable six months
earlier.
A brief historical sketch of the company was published
in the Railway Moni.or for June, 1873.
The company has large
and controlling interests jn the Denver, Pacific, the Denver &
Boulder Valley, the Arkansas Valley, and the Junction City and
Fort Kearney Railroads.
Their accounts are separately reported,
and the figures heiow are for tlie maiii line and Leaven¬
The decrease for the year, in gross
worth Branch—673 miles.
earnings, as compared with 1872, was $160,413 69 ; yet the
decrease in net earnings was but $48,138 51.
The first, nine
months of the year show an increase in earnings over 1872 of
$22,132 51; whilst the last three months give a decrease of
$182,546 20—a result dirjctly attributed to the pamc. The
Government business qt all kinds amounted to $205,265 50, but
as
since September 3Q, 1872, the Government retains all the
earnings for services rendered it, no part of this amount has been
available to meet any of tlie obligations of the company. The
company defaulted in, tlie payment of interest on its bonds
November, 1873. A proposition for an extension of time was
submitted to the bondholders—published in brief in the Chron¬
icle of March-21,-1874—and tHis^* wA are
informed by the re¬
port, has already been accepted by so large a number of the
bondholders that arrangements are being, perfected for carry¬
ing* it out. The directors believe that 'trie company will then
be enabled to meet all its obligations, and that the interest of
all its bondholders and creditors will be fully protected.
The Kansas Pacific has been one of the most prosperous and
promising of the extrefne^‘Western lirjieS .of railroad. It had
$6,300,000 of stibsidy in United States bonds aild a valuable land
grant, and in the year 1&72* made net earnings qt $1,494,446,
which was considerably more than sufficient to pay interest on
its funded debt.
The Crisis of 1873 overtook the company in the
same position as too many others—namely, under large advances
to branch roads; and the cash which was promised as a temporary
loan for the payment of interest was not forthcoming after the
panic had swept over the country*. The President and directors
expect, with the acceptance of the company’s funding proposition,
Equipment— Locomotive engines, 24; passenger cars, 17; baggage, mail and
express, 7; total of all passenger train cars, 24. Freight train cars—box, 170;
platform. 330; rock, 93; hay, 55; ore, 10; horse, 10: freight and drovers’
saloons, 8; total of all cars of freight trains, 676. Total construction train
Grand total of all cars, 824; Also 5 snow plows.
cars, 124.
Train Mileage—Passenger,
458.662.
4,174,699 74 4,214,810 17
1874-75;,..
Gardner C. Brawn,
T. P. Redfleld.
F. M. Weld,
Knight,
25,357 51
196,589 02
Horace, Fairbanks,
General Office
Fiscal Agency
‘
single tTack owned.
126'4miles.
Guage, 4 feet 8;# inches; weight of rail, 56 lbs. to the yard.
Massawippi Yalley Railxoad-rDerby Line tp Sherbrook, Canada.. 35 0 miles.
“
3,770,512
OFFICERS FOR
.19,384 35
195.514 08
Boston, Mass.; Treasurer, N. P. Lovering. Boston, Mass.;,
Cleveland, Coventry, Vt.; Superintendent, George A. Merrill,
“
2 0
37’0
1.309
231.516
President, Emmons Raymond. Boston. Mass.; YiceP esulent,
Total equivalent
Branch Line—to Staustead Junction
Total leased.,
Total of miles owned and leased
r
Henry Chase.
D. R. Sortwell,
Elijah Cleveland,
B. P. Cheney,
,
Sidings and other tracks
t
and assets. 3,381.453
Emmons Raymond,
Josiah Stickney.
EQUIPMENT.
Junction, Vt., to Derby (Canada) Line.. 110*3 miles.
ROAD AND
Main Line—White River
T
24,085
151,659
...
DIRECTORS AND
Albert
*
year, an
arrangement was
made with the Kansas
Equipment Company to furnish as many as required on a basis
U^mihEage.
^bTpnr8up(§}q|. thU»7^rqemepta4,()ftlla4^tM)nal cars
havfe1 been
put'uf)6n the line, The cars were constructed under
T1TF,
272
[September 12, 1874.
CHRONICLE
DIRECTORS AND OFFICERS
of the company, and it has the option of taking
E. Carr,
Robert
B. W. Lewis, Jr.,
after ten day’s notice and paying for them at
S. M. Edgell,
Adolphus Meier,
liberal discount for wear.
Carlos $. Greeley,
John D. Perry,
the supervision
them any time
cost, less a
OPERATIONS AND FISCAL RESULTS.
Mileage—Passenger, 684,757; freight, 967,295; and service,
462,444. Total, 2,114,496.
Passenger Traffic—Passengers carried—East, 80,238; West, 93,413.
Total,
178,651. Passengers earned one mile, 23,589.686.
Freight Traffic—Tons moved—East, 122,980; West, 140,425. Total, 263,405.
Locomotive Engine
„
Tons moved one mile, 61,987,443.
Gross Earnings—Passengers, ordinary,
x
$1,446,308 90
Nett Earnings
INCOME ACCOUNT.
$3,563,299 49
earnings
Balance income account Junction City &
Balance income accoant Arkansas Valley
Real estate sales
Profit and loss
847 94
Ft, Kearney Railway Co.
179 74
Railway Co
800 26
13,450 35
276,934 93
Balance
.$3,855,512 71
$68,123 10
2,116,990 59
Total
Construction and real estate....
Operating expenses
295,858
105,767
21,659
45,794
1,201,319
Discount, interest and exchange
Taxes State, county and city...
Insurance
Joint traffic balance (106 miles)..
Interest on funded debt
67
41
02
47
45
RESOURCES AND LIABILITIES
DEC.
Resources—
Miscellaneous investments and assets
Cash in hands of treasurer and agents
Voluc of material on hand
r
Bills receivable
Due from U. S. Government
by Treas. Departm’t
Total
Liabilities—
Bills payable and loans
Auditor’s checks in circulation
Due on audited accounts, pay rolls,
Due to foreign roads
Excess of resources over liabilities
Matthew Baird,
F. W. Meister.
M.
Edgerton, Kansas City, Mo.
General Offices.financial Offices
Transfer Agency
Kansas City, Mo.
St. Louis, Mo.
National Bank of Commerce, New York City.
road in bankruptcy, August
Carolina Railroad Company.
November term.
New Orleans Mobile & Texas.—The New Orleans
finally divided into sections, east and west of New Orleansextending to Mobile, the other running as far as Donaldsonville and prospect using for Houston.
The western portion of the road wss finally sold under the suit
of Frank Ames & Co., first mortgagees, whose mortgages far
was
one
“
exceeded the assessed valuation of the property.
“The suit was made under the order of the United States Circuit
Court, Judge Woods, sitting; the road and property were bought
in
“
De
$2,584,365 10
170.527 77
.•.
unclaimed
wages
Picayune
short time since gave the following account of the present
“mixed ” state of affairs in regard to this company :
“
The promised sale of the New Orleans Mobile and Texas
! tail road on September 30, of this year, seems likely to give rise
to some more of that long and tedious litigation that has afflicted
and embarrassed the road from its inauguration in 1866,
“
The road, after passing through quite a variety of fortunes,
a
by Ames & Co., to whom a good title was accordingly given.
In the meantime the State brought suit in the Superior District
31, 1873.
Court of this parish, and suddenly and unexpectedly obtained a
$2,884,838 08 ; udgment in favor of W. P. Kellogg, as Governor of the State of
165,705 82 ! Louisiana. J. Q. A. Fellows, who, as pro tem. Attorney General,
1
216,961 56
364,252 87 brought the suit, and others, for $800,000 of the second mortgage
jonds held by the State under an indenture executed between the
$827,174 82
163,587 41— 163,587 41 road and the State of Louisiana, through the Governor, July 1,
332,721 94 1870.
In accordance with this judgment the road was ordered to
$4,117,567 68 3e sold, and an advertisement issued describing the property to
$3,855,512 71
Total
Less 50 per cent to be retained
Due from foreign roads
I Thomas A. Scott,
Laurens, (S* C.)—The District Court confirmed the sale of this
10. The purchaser was the South
An appeal was taken, which will
$3,563,299 49
come up before the Circuit Court at Columbia, S. C., at the
$596,634 79; mainten¬
$61,268 73. Total ($5,294 65 per mile)
Operating Expenses—Maintenance of way,
ance of cars. $193,046 41; conducting transportation. $559,426 62;
motive power, $665,684 26; general expense, $102,198 51. Total
(being $3,145 60 per mile and 59 41 per cent of gross earnings) .. 2,116,990 59
Gross
1874-75.
President, Robert E. Carr, St. Louis, Mo.; Vice-President, Adolphus Meier.
St. Louis, Mo.; Treasurer, Carlos S. Greeley, St. Louis, Mo.; Secretary, David
,
$1,189,703 24; and IT. S.
troops, $52,502 85; freight, ordinary, $2,023,062 02; and Govern¬
ment, $54,107 65: mails, $98,655; express, $84,000; all other,
FOR
and coupons
781,719 44
51,093 97
529,861 40
Total.
.$4,117,567 68
sold.
“
The United States Circuit Court immediately issued an injunc¬
tion prohibiting the sale.
Notwithstanding this, the sheriffs of
the various parishes through which the road ran, seized all the
property, estate, chattels, cars, etc., of the company they could
ind.
As the advertisement of the sale
“
was not withdrawn, a new
injunction was issued the other day by Judge Woods, Circuit
Court Judge, inhibiting the Governor and others from, in any
manner, interfering or seizing the property of the road, and,
moreover, ordering them and the various parish sheriffs to restore
to Frank Ames, petitioner, all the property seized.
STATEMENT OF LAND DEPARTMENT.
“On failing to comply with these commands, the United States
Number of acres sold during the year, 25,423'43-100; aggregate Marshal is ordered to maintain Ames in possession of the road,
amount received for same, including lots sold, $93,335 43; aver¬ against all other parties.
Whether the sale will take place or not is yet unknown.”
The total number of acres sold to
age price per acre. $3.66^.
Dec. 31, 1873, was 833,363 for $2,403,528 91.
Osage Valley & Southern Kansas*—This road is advertised
Kansas Pacijlc Land Grant Trust.
for sale by the Trustees, under the mortgage deed, for default in
Net proceeds of sales of lands and lots in 1873
$44,740 54
Amount received on account of interest
12,981 84 payments of interest on the $200,000 10 per cent, bonds, since
January, 1872. The sale is noticed to take place in St. Louis,
Total
$57,722 38 December 10, 1874.
No
general statement of the company’s condition is given. The
capital stock paid up amounts to $9,689,950, and the funded
debt, details of which are given in the monthly tables of the
Chronicle, is $21,108,100.
The Government subsidy is
$6,303,000.
“
.
Amount
previously placed in hands of trustees
Total amount received by trustees
Bonds redeemed to Dec. 31, 1873, $248,250,
for which was paid...
588,166 10
.
$645,888 48
215,034 49
Peoria & Rock Island*—This company proposes by a
to the holders of their
circular
bonds, secured by first mortgage on their
road, that they should deposit with Lewis Howell, Trustee (Presi¬
dent of the Second National Bank of Peoria, Ill.), the
coupons from said bonds, due August 1, 1874, February
interest
1, 1875,
Denver Extension Trust.
August 1, 1875, February 1, 1876, and August 1, 1876 (being five
Net proceeds of soles of land for the year
$28,388 63 coupons from each bond), and to receive from said company, in
Received on account of interest
5,395 15 exchange for said coupons, “ certificates of indebtedness,” pay¬
able in seven years from August 1, 1874, with interest payable
Total
'
$33,783 68
Am omit received previous to 1873
145,367 68 semi-annually, on the first days of February and August in each
year, both principal and interest payable in United States gold
Total amount received
$179,151 26 coin.
The coupons deposited in trust, as above named, to he
Bonds redeemed to Dec. 31,1878, $68,000, for which was paid
63,640 00 held
by said trustee until after the payment of the principal and
Balance in hands of trustees, in cash and notes...
$115,511 26 interest of such certificates of indebtedness, after which time all
The number of acres of lands unsold of this trust is 2,967,560 98-100.
said coupons so held in trust to be cancelled and surrendered to
COMPARATIVE STATEMENT FOR FOUR YEARS.
the company; but in case of the non-payment of any interest or
the principal of said certificates when the same is due and pay¬
Road and Equipment. Miles of road owned and
1870.
ment demanded, or in case of the non-payment of the coupons
1871.
1872.
1873.
672 6
operated
672 6
672 6
672 6
from its first, mortgage bonds aforesaid, maturing February 1,
Total equivalent single track
686 3
695 2
720 6
1877: and on the first days of February and August in each suc¬
Locomotives
76
83
8S
88
57
Passenger train cars
72
71
73
ceeding year, until the payment of the principal of the certificates
958
Freight train cars
1,074
1,072
1,063 of indebtedness, the coupons which may have been deposited
Operations and Fiscal Results.
with the trustee aforesaid to be returned to the original owners
Locomotive engine mileage.
1,804,771
2,114,496 thereof on demand, with all their rights to proceed against the
2,470,914
2,475.270
Passengers carried
198,071
201.592
179.182
178,651
upon the surrender of the certificate of indebtedness
Passenger mileage
14,708,284
19,727,390
20,664,369
23,589,686 company,
Freight (tons) moved
297,790
277,168
348,966
263,405 which had been issued in exchange for the same.
Freight mileage
Mr. Charles L. Frost, trustee under the first mortgage, advises
49,052,188
50,670,965
72,866,337
61,987,448
*
$
$
bondholders not to accept the terms proposed, for reasons which
952.240 1,156.584 29 1,172,624 33 1,24^206 09
Passenger earnings
Freight earnings
2,242,420 1,980,289 57 2,294,299 11 2,077,169 67 he gives in acircular dated Sept. 10.
Other earnings
166,127
175,643 97
256,789 74
243,923 73
Portland & Ogdensburgh.—All the available force has been
Total gross earnings
3,560,787 3,312,517 88 3,728,713 18 3,563,299 49 put on the heavy work through the Notch in the White Moun¬
Operating expenses
2,480,040 2,302,589 96 2,229,265 77 2,116.990 59 tains, between Bemis’ and the Fabyan Place.
It is hoped that
this section can be completed by early spring, and a connection
Net earnings
880,747 1,009,927 87 1,494,447 41 1,446,808 90 made with th«
Interest on funded debt
Boston, Concord & Montreal Road.
1,055,358 70 1,190,142 00 1,201,319 45
Financial Condition at Close of Each Tear.
Poughkeepsie & Eastern*—A meeting of the first mortgage
Capital stock
8,872,500
8,972,500
9.638,950
9,689,950 bondholders was held in Poughkeepsie, N. Y., August 29. A
Funded debt
19.996.350
21,279,350
21,200,850
21,108,100 report was submitted recommending a foreclosure and a reorgan¬
Government subsidy
6,303.000
6,303,000
6,303,000
6,308,000 ization of the
company. Without taking final action, an adjourn-,
Total stocks and bonds.. 85,171,850
86,554,850
87,142,800.3187,101,050 ment was had to September 15.
Balance in hands of trustees, m cash and notes
$430,853
There still remain 1,790,174 53-100 acres of lands of this trust unsold.
..
....
_
....
99
THE CHRONICLE
September ]2, 1674 J
BxportMf Loading Articles from Row York,
The following table,eompiledfrom Custom House returns,shows
the exports of leading articles from the port of New York since
&I)e Commercial Cimes.
^J^MERclAiri^ITOME
Friday
"Trade
Night, Sept. 11,1874.
healthier aspect.
The markets for leading
staples develope vigor and tone, and legitimate transactions are of
a magnitude that indicate the restoration of confidence to some
extent. We have, it is true, to notice lower prices for coffee, rice,
pork and lard, but in nearly every other article of trade much
steadiness has prevailed, and in some, as corn and oats, there has
been a very important advance.
The disposition to purchase no
more than required to meet an immediate demand, which dealers
have exhibited for the year past, begins to be overcome; legiti¬
mate speculation has received some impetus, and it begins to be
again possible to stimulate the demand by a reduction in prices.
assumes
a
The weather has been
mild, and
January 1,1874, to all the principal foreign countries, and also tne
totals for the last week, and since January 1. The last two lines
show total values, including the value of all other articles besides
those mentioned in the table.
»lO
of the time very warm.
Reports of an epidemic at the Southern cities have been contra¬
some
dicted.
Provisions have been
irregular, and the approach of the date
for the commencement of a new packing serson has caused some
depression in speculative articles. Pork declined yesterday to $22
for new mess on the spot, and $21 85@$21 90 for September and
October
options, and
8,000 bbls. mess of 1871 were closed
out by a leading holder at $20.
Lard declined to 13 9-16@13£c. for
this crop, and life, for the next crop. Bacon has been more active,
with large sales of long clear at 12f@12fc. Cutmeats have also
ruled a shade firmer, with a very good demand. Beef continues
scarce and firm.
To-day, there was a smart reaction in pork aud
lard.
Mess pork sold at $22 45@$22 50 to the extent of 3,000
bbls. for Sept, and Oct., and of prime steam lard about 5,000 tea.
at 13£@14c. for September, and 12c. for all the year; and in
bacon there was a notable sale of 500 boxes half and half (long
and short clear) for December and January at lOfc. Butter dull
and weak.
Cheese quiet but firm at ll@14c. for factories.
Groceries have been irregular. Coffees have declined under
Rio advices of large receipts, with large stocks and a dull trade
here; Rio, fair to prime cargoes, 15f@19c.; Java, 22@26c.; Mara¬
caibo, 16@19|c., all gold; stock of Rio, 68,341 bags, and of other
descriptions, 58,461 bags and 22,439 mats. Rice has declined for
domestic to 7f@8c., with sales of Rangoon at 3c., gold, in bond.
Molasses depressed for domestic. We note a speculation in Leg¬
horn citron at 29@30c. Sugars have been active, and prices are
again fc. higher; fair to good refining Cuba, 8f@8}c.; No. 12 box,
9c., and standard crushed, 10£@llc.
Sept. 3
Receipts since
Sales since
Stock Sept. 10
Stock Sept. 11,
1878
There has been
117,530
4,013
8,619
118,924
89,592
Boxes.
87,811
13,034
Bags.
68,028
4,681
81.864
41,345
302,058
9,122
91,723
58,495
further decline in ocean
Melado.
565
212
777
4,433
some
freights, and,
comparatively speaking, some (extremely low rates have been
accepted. There is a large supply of room, although one of the
German steamershas been withdrawn.
Yesterday's business em¬
braced grain to Liverpool by steam, 4£@4fd.; and to Glasgow, 6d.;
refined petroleum to Bristol, 4s.; to the Continent, 4s.@4s. 3d.; to
Ancona, 4s. 6d., and cases from Philadelphia to Algiers, 26c.;
crude petroleum from New York to Havre 4s., and naphtha from
do. to London, 4s. 6d. To-day, there were moderate shipments of
wheat by Bteam at 4fd. to Liverpool, 6d. to London, and 64<L to
Bristol, and vessels to Cork for orders were quoted at 4s. 6d.@
4s. 9d.
There has been but a moderate business in
tions at the close were not very steady at
Spirits turpentine at one period sold at 33£c.,
rosins, and quota*
$2 20 for strained.
but has latterly re¬
covered, and is held at 34c. There has been an upward move¬
ment in refined petroleum, with a fair trade, closing at 12c.
for
September, and 124c. for October. Crude has remained steady at
4$c. for September, and generally very quiet. Hops have been
moved in only moderate quantities; State 1873’s 20@33c., do 1874’s
40@42c. cash. Wool has been generally very quiet, but the
moderate stock holds prices pretty firm.
Ingot copper has sold
fairly, closing at^l^l^c. cash for Lake. Tin and tin plates
rather quiet; the same may be said of American pig iron, No. 1
being quoted at $30@$31. Tallow has been active at 84c. for
prime. Stearine has declined to 17c. for prime Western. Whiskey
has been higher at $1 08, but fell back to-day to $1 07. The
first arrival of the new crop of raisins is expected about the 1st
of October.
Linseed oil has been in moderate jobbing
Fish oils have been in fair demand and firm;
demand at 83<3)S4c.
crude sperm sold at
$1 60, and Northern whale at 60c. Other oils quiet and un¬
changed. Hides have been moderately active and steady. Dry
Buenos Ayres quoted at 26@26£c., gold, and dry Texas, 22@224c.,
currency. Fish has been fairly active and firm.
Kentucky tobacco has been active, and is again higher at 84@
11c. for lugs, and 12@20c. for leaf; the sales for the week em
braced 2,000 hhds., of which 500 were for export and 1,500 were
or
speculation and consumption. - Seed leaf has been active; the
sales embrace: Crop of 1870, 57 cases Connecticut at 8@10c.; crop
of 1873, 777 cases State at 6£@15c.; 1,124 cases Ohio at 9£@10c.;
289 cases Wisconsin at 6f@8ic.; and crops of 1872 and 1873,1,874
cases Pennsylvania at 7@224c., and 406 cases Connecticut at 7@
37±c. Spanish tobacco has been in moderate demand, and about
steady; the sales were 500 bales Havana at 75c.@$l.
•
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[September 12, ,187.4
274
Imporu of L«a4Iog ATliel««^ ‘
>
The following
i
owa
v
n.
the foreign
.table, compiled .from Custom House returns,
imports of leading articles at this port since
\$4tfn<i for the
1,
;
Metals, &c.—
Cutlery
China, Glass and
9,140 ‘.
24.104
.
289,878
.
Glassware
Glass plate
24,750
o,260
4,9m
45,437
.
Buttons
Coal, tons
COcoa, bags..
Coffee, hags.
Cotton, bales.
Drugs, &c—
TJark, Peruvian..
Blea.
27,501
Gambler
3,830
Gum, Arabic—
TlfrlipO
760
40.188
34,549
7,153
4,847
Furs
Guflnv cloth
625
Hides, dressed..
India rubber
1.375
Ivory.
JeWelry, &c.—
Lemons...
4,896
Oranges
2.146
Nuts
Raisins
689
749
563.212
92,821
451,750
Watches
Linseed
5.718
109,094
1,063,115
158,127
228,310
....
*
632.775
946,416
1,299,441
......
1,165,440
712,465
895,115
1,104.216
694,472
9,488.301 8,120;5v8
681,456
651,262
454,512
280,105
201,510
20,635
Logwood
195,513
74,448
....
Mahogany
Receipts of Domestic
Produce.
1, 1874,
The receipts of domestic produce since January
the same time 1873, have been as follows :
Jan.1,’74.
6,354
4,934
pkgs.
Breadstuffs, &c.—
Ashes
Flour....
Wheat
Corn
457.205
667,811
Cut meats.
778.598
40,914
45,771
312,832
140,895
801,754
Eggs
bales.
No.
Hides
bales.
Hops
sides.
Molasses.,
bbls.
Naval Stores—
Leather.
..
Cr. turp.
pkgs.
Butter
Cheese....
bu-h.
Peas
C. meai....bbls.
Cotton
bales.
3emp
Oil cake
22,815,074 15,758,451
6,775,361! 7,955.729
Grass seed.basrs.
Beans
bbls.
67,111
26,988
101,525
509,808
3,047
376,649
11,664
2,560.574
Spirits turpen...
23,065
9,381
7.555
Rosin
Tar
57.929,
363,952
39,973
2.974*
Pitch
...
Lard
Lard
Rice....;...
Starch
Stearine....
Tobacco
81,401
1.637
89.071
116,5(6
17,831
185,639
18,124
301,579
27,464
19,541
14.535
8,537
239,579
15,181
225,186
14,792
1,118
bbls
.
.lihds.
234
681
.pkgs.
24,491
167,006
91,514
132,681
57,012
106,793
35,459
.
Tobacco.... .hhds.
Wool
131,809
2,133
24,579
580,726
1,328,456
409,797
351,988
.kegs.
.pkgs.
Tallow
104,216
1,341,574
247,776
370,990
53,410 Whiskey....
396,059
Same
598,899
.pkgs.
Pork
Beef
168,577
593,889
4,513
454,078
7,005 Sugar
1,856,345 Sugar
23,406
.bbls.
bales.
29,540 Dressed Ilogs. .No.
124,427
95,202
125,654
72,363
93,812
1,743
o OT TON.
Friday, P. M., September 11, 1874.
By special telegrams received to-night from the Southern ports
possession of the returns showing the receipts, exports
ending this evening, Sept. 11. It
appears that the total receipts for the seven days have reached
14,506 bales against 5,656 bales last week, 5,880 bales the pre¬
vious week and 5,236 bales three weeks since, making the total
receipts since the first of September, 1874, 19,708 bales against
2L,53i bales for the same period of 1873-74, showing a de¬
crease since September 1, 1874, of 1,823 bales.
The details of
the receipts since Sept. 1st (as per telegraph) and for the corres¬
ponding weeks of the five previous years are as follows:
ire are
in
Stc., of cotton for the week
1874.
Received this week at—
tfow Orleans
bales.
Mobile
Charleston
Savannah
Galveston.
Florida
North Carolina
Norfolk
2,Ot4
1,313
1,464
3,499
3,937
3U
—
1873.
2,676
1,879
3 8* 1
Tennessee, Ac
37
49
898
995
1872.
7,855
1,616
5,749
6,121
1,177
1,433
5,532
1,029
4
141
12
312
2,274
1869.
1870.
1871.
2,895
2,101
.
2.345
905
605
976
1,592
1.406
3,401
2,286
1,373
6,481
347
f>ai
1,719
1,293
273
3
103
193
•
•
•
8,412
•
*i99
1,346
241
992
29,625
12.561
11,104
861
Totalslnce Sept.l
14,506
19,704
13,005
21,511
42,944
21,360
©
*
■
*
-
52
*
*
*» t
©
20
20
*
2,169
e # *
t
20
20
2,109
■2,;0j
•
....
-
7,078
52
....
....
•
-
4,884
'
•
....
7.073
7,453
12,035
9.194
1873.
13,791
4,882
3,812
5,619
8,716
42,283
„
•
>
«...
*
The exports this week
52 bales to Liverpool. •
7,430
17,000
5,586
1,4 22
2,882
6,100
27,818
15,000
95,561
65,968
_
....
....
.
under the head of " other ports ” include from Boston
From the foregoing statement, it will be seen that, compan d
with the corresponding week of last season, there is Kn increa&e in
the exports this week of 380 bales, while the stocks to-night are
29,593 bales more than they were at this time a year ago. The
following is
usual table showing the movement of cotton at
from Sept. 1 to Sept. 4, the latest mail dates.
our
all the ports
BXPOBTKD 8INOB
BKCKIPT8
Charleston..
1878.
785
1,°55
86
661
9G0
461
926
.
J.095
1,997
656
143
4
1,888
8t
73
..
$i
1,756
Total this year
5,202
Galveston
New York
Florida
No. Carolina
Norfolk
....
ports
Coast¬
Other
For’gn.
wise
Total.
>
.
Mobile
Other
i
Britain. France*
Great
1874*1
New Orleans
-
BBPT.lTO—
1
RTWik
PORT8.
162
r
Ports.
.
162
....
....
1,489
•
♦
•
.
•
377
8,576
3,712
456
•
•
•
•
•
•
•
i
...
•
•
9
•
1,489
*
....
HV82
216
136
'•
•
•
•
•
.....
.
•
....
....
•
,,,,
•
•
•
....
•
•
.
•
...
....
1,651
....
.
4,962
...
....
...
....
....
•
9tock.
400
•
'
•
••
4,2/ 3
4,w99
6,510
5!,901
4
75
CIS
....
1,651
1,959
4,962
7,411
'232
2,2.9
17,000
107,463
76,19 £
The market for cotton on the
17,972
decline in
16,322
Upland and
Mobile.
Florida.
Good Ordinary
Strict Good Ordinary
Middling
Good Middling
of
to
of the Continent, while the stocks as
Liverpool, and exchange is lower ; shippers have
consequently been able to take but very little. To-day, the
market here was quiet and unchanged, but at Liverpool showed a
slight improvement in tone. For future delivery, there was,
from Saturday last, a sharp decline, which was not checked, till
Thursday morning.- Apparently there was no obstacle to the
downward course of prices.
Crop advices were generally favor¬
able, or at least adverse accounts were not credited ; prices of
cotton goods were declining under slow sales ; the foreign cotton
markets were drooping; the picking of the new crop was pro¬
ceeding rapidly, and the receipts at the ports began to foot up
very respectably ; the weather was favorable for the maturing
and picking of the crop, and nothing but the comparatively
low price which had been reached seemed to favor any movement
for a rise.
Reports were made public by the Treasury De¬
partment! on Tuesday evening, to the effect that yellow
hhd broken out at Galveston,
fever
New Orleans, Mo¬
bile, and
other
Southern ports, which had a tem¬
porary influence in checking the decline; but these reports were
quickly denied from the South, and on Thursday morning October
sold at 15 l-16c., November and December at 15c., January at
15^0., February at 15fc., March at 15 21-32c., and April at 16c.
From these prices, however, there was subsequently a sharp
reaction.
September, which was threatened with a corner,
advanced from 15 17-32c. to 15 3L-32c. at the second call, and
October sold at 15 7-16c. after ’Change, an improvement of 7-16c.
for both months. The later months did not advance so much,
but at the close March sold at 15 3l-32c., against 15 21-82c. early
in the day.
The upward turn was aided by a rumor from Wash¬
ington, that the report of the Agricultural Bureau for August
was
made up and would be very unfavorable.
To-day, the
market opened excited for September, with large sales at 15|@
15 15-16c. in view of the possibility of a “ corner” for this month;
but other futures steadily declined and lost the most of the
improvement noted at the close of yesterday’s business. The
yellow fever announcement from Washington was officially with¬
drawn, and the unfavorable' character of the Bureau report was
not confirmed up to the close of business, though generally
credited. Aftpr ’Change there was a little doing, and no varia¬
tion in prices.
The total sales for forward delivery for the
week are 134,300 bales, including —- free on board. For imme¬
diate delivery the total sales foot up this week 8,420 bales, includ¬
ing 330 for export, 7,976 for consumption, 114 for speculation,
and
in transit.
Of the above,
bales were to arrive.
The following are the closing quotations ; -
12,351
The exports for the week ending this evening reach a total
7,453 bales, of which 5,324 were to Great Britain, 2,109
Franc*,: and 20 to
*
....
•Ordinary
~
Total this week
5,324
6.975
1874.
-
Since
Oil, lard....
Rye
Barley, &c
Total
Since Sent. 1
Block
spot has remained about steady
during
the
past
week.
Almost
the
only demand has been from
279,107
home spinners; but their purchases have not been quite so lib¬
361,206 eral as in the previous two .weeks. There was, therefore, some
■70,236
depression manifested in the market, and the grades below low
280,550
96,677 middling were quoted we$k and irregular, although official quota¬
tions were not reduced. The receipts at this market have been
fair, and at the Southern ports, show a considerable increase,
the total for the week exceeding, for the first time in many
and foT months, the corresponding week of last year ; there has been
Jan.1,’74. time 1873
...
Oats
2,775
some
•bags.
bbls. 2,707,311 2,151,723 Peanuts.
bush. 29,069,648 13,924,452 Provisions—
.
•
Savannah....
Galveston....
New 1 ork..
Other ports*
70,843
99,743
1
Same
time 1873
Since
.
Charleston..
239,283
71,856
Cork
Fustic
91,646
w
/r
■
2,497
«■
1
Total last year
71,460
Contln’t
1
Totalthis Same w’k
1873.
week.
2,197'
NewOrleans.
Mobile
....
.Voods—
2,639
2,935
Jewelry
69,5i9
737,323
Corks
1,364 Spice9{ &c.—
Cassia
8,321
88,821
Ginger.
2,140
Pepper
Saltpetre.
1,088
6,370
37,521
Bristles
$1516.392 $1582,216
3,08C
93,567 Hides, undressed..
2,929
140,715
Hemp, bales
Hides, <Sfcc—
-
50,503 Fancy goods..
45,429 Fish
40,321 Fruits, &c.—
31,549
Fla.*-
.... —
34,506 Cigars
1,328
Soda ash
156,827
France
G Brit.
-
value
474
755
24 698
Opium
Soda, bi carb—
Soda, sal
season :
*■
“
1,750
Oils, essential..
81,271
•
3,030
Madder
'
Steel
'
898
Cream Tartar...
147,854
1,750,201 4,855,169
Spelter, Tbs
..
f8,4ti!j
4,748
Cochineal
Hifim
Iron, RR. bars...
Lead,pigs.:.;;;.
.
2,427
-
5,055
2,403
472,010
216.676
697.954
771,913
Tin, boxes
Tin slabs, lbs...
7,841,895 3,773,841
88,297
94,760
91,295
23,909, Rags..
..........
821,308 Sugar, hhds, tcs. &
bbls
533,308
454,066
10,445
920.728
747,047
Sugar, bxs & bags.
.V...
791,723
788,010
25,022 Tea
62.117
50,5S9
24,196 Tobacco
4 594 Waste.
3,100
8,351
1,T54 Wines, &c— '
80,247
110,830
Champagne, bks.
6,900
-130,778
126,982
Wines
8,882
32,166
35,939
3,221 Wool, bales
617 Articles reported by
28.25-4
powders...
Hardwaie..
13,849
37,551
369,201
29,3 8
8,078
4,152
19,80a
1,052,004
...
3.297
2J40
95,561 bales. Below are the
also for the corresponding
are now
^xpcrted'*^—
Sept. 11.
Jan.1,’74. timh-1873
Jan.1,’74. time 1873
Earthenware—
China. A.. V.i..
Earthenware.
week of last
W-^ek ending
Same
Since
Same
Since
-
this evening,
exports and stocks for the week, and
1873 :
quantity U given in packages when not otherwise specified.]
The
Glass.
made up
>
.
Below
we
per lb.
13%®...
15
®....
15%®....
16
'
Texas.
13%®....
15%®....
13%®....
15%®....
15 13-16
is i3-m
17
16%®....
17%®....
13%®....
16%®....
17%®....
18*®.,,.
13%®....
15%®....
®...
16%®....
18*®...
mew
Orleans.
®....
18%®,...
15%®....
give the sales of .spot and transit cotton and price
iUplandtattUif.n^fcetea«6di;ofthfpat we*ki
of
V
September .42, 1874.]
Kxp’t.
Low
Good
Saturday
Monday
Tuesday
Wednesday
Thursday
Friday
986
’
1,918
230
l.»87
74 •
7.523
,
,
•
-
-
.
„
•
.
,
•
•
...
330
Total
'1,086
....
,
«...
1,421
35
22
7,976
114
1,918
1,444
...
57
,
,
,
.
.
.
,
.
•
.
•
13*
|
18*
m
13*
970
1
....
^
1,558
1,444
V
8,420
....
Mid
dlln;
Ord’ry. Ord’ry. Midl’g.
Total.
1
1U0
At
PBIOHH.
8ALKB.
Con- Spec- /Tran¬
sit.
sump. ula’n
•
16
16
16
16
*6
15
15
15
T5
15
I**
IK*
1«*
16*
16*
...
....
...
....
....
•
• •
•
SavannahJliey ^ave,lfacy«foMSJffcjM
six hundredths of an iucj\.
Thera has been no rain at
Augusta ; the weather lias bepn
pleasant and favorable for picking; our correspondent further
says that the unfavorable crop accounts are not exaggerated.
,The thermometer has averaged at' Galveston* 8i,jfndianola, 8Q,
New Orleans, 80, Ifashville, 78', Mobile, 80, Montgomeiy, 80,Selma,
82, Macon, 79, Atlanta, 78, Columbus, 79, Savannah, 77 jand at
Augusta, 77.
r
Norfolk Receipts for Year.—William Lamb, commission
the sales (including — free on boa/j)
week 134,300 bales {all low middling or merchant of Norfolk, sends us the following statemenLof Jthe
on the basis of low middling), and the following is a statement of
receipts of cotton at Norfolk, Va.,;for year ending 31st August,
the sales and prices :
1874, as collated by Captain William Phillips, marine reporter,:
For forward delivery
hare reached during the
For November.
Ct8.
bales.
September.
For
'
bates.
cts.
!5 G-32
....15 9-16
4.000.....
..
3,700
..1519-82
1,800....
’
1.94-0
...15 21 34
2,«00... ...15 11-16
1,300....
15 23-3-*
1,800
1/00
1,600....
...15%
...15 25-32
...15 13-16
.15 29-32
...15 15-16
..
.
s.n.- ...1515-16
700....
5(U
....
.
..
5,100
800
810
300
2,100
100
...
2.400
..
....
4,200
....15 7-82
15*
2j060..... ....15 9-32
....15 6-16
8,200
...15 11-32
4.500
4,600....-
R 100
...15 13 32
2,tOO
.15 7*16
3,2(0
15 15-32
2,100....
...
400
..
700....
700
....15 11 32
1 400
15 18 32
1,000....
15 7-16
9!X)...
1.600.... ....*•5 15-32
....
15*
....
15 9-32
15 5-16
1,40)
....15 11-82
....
2,9 0
15*
For December.
15
200....
700.... ....15 1-82
15 l-’.fe
100...
1,800....
..
..
15*
1,600....
15*
2,800.... ....15 13 32
15 7-16
15 21-32
!5 11-16
...
.
.
100.
400...
660....
100....
ll)U.... ....15 15-32
1,200....,
15*
809
100
....15 19-32
310....
’.5*
200....
15 21-32
1/00..
500...
100...
500...
200...
16*
4,‘200 total April.
6.700 total Feb.
400 total
May.
16 9-32
16 5-16
16}$
May.
for s. n.
Mon.
Tues.
Wed.
Thurs.
lb
16
16
15 11-16
15 il-32
15*
15*
15*
15 23-32
15 5-16
15 11-32
15 5-S2
15 3-32
15 11-82
15 3-16
15 7-32
15*
15 23-32
15 5-16
15 9-82
15 5-16
15 15-32
16
15 17-32
16
15 11-16
15 13-32
16
15
15
15
15
15*
15 23 32
16
16 9-32
!5 31-32
Fri.
spot
September
October
November
December
January
February
March
*
16
16*
Apr.l
May
Sat.
109*
4.81*
Kxc.hange
Sales spot
3,350
Sales future... 14,850
15 9-32
15 21-32
15 15-16
16 7-32
....
...
Gold
16*
9-16
5-3*2
5-32
3-16
109*
109*
109%
4-8(*
4.81
1.9. $
15.600
15*
15*
15*
15 13-16
16 1-16
....
4.81*
1,056
20,000
,
1,144
20.800
109%
4.84*
Frl.
16
15
15
15
i5
15
15%
15 21-32
15%
16*
1,553
23 .-200
21,300
3-167
7-32
15*
16*
16*
16 a-82
101%
4.8>*
23-32
9-82
IS—32
15%
15*
970
....
....
March
April
May
...
....
27,38)2
6,150
34,481
'
39,025
46,887
10,423
9,453
32,171
21.993
24,395
10,739
8,495
44,401
22,936
12,457
22,216
3,478
11,290
1.795
50,089
23,824
12,579
9,354
4,561
7,674
..
5,710
6,666
4,483
3,425
1,679
2,849
1 540
422
219
33
00
244,809
50,159
....
.
,
Total
.1
We have not
4,052
....
..
July
August
66,740
seen
83,722
.-
89,029
48.981
•-
16,701
‘
472,464
these figures published, and, therefore, give
the statement in full.
India Cotton Crop.—This is about the date to
16 9-32
The following will show the closing prices each day on the
basis of low middling uplands, for the several deliveries named:
On
..
5,234
14,714
17/292
Canals & Rivers.
No. of bales.
-Total.
917
12,301
54,565
5,370
16 7-32
following exchanges have been made during the week:
*c. pd. to exch. 100 Sept. reg.
....
January
February.
18
16 1-32
16 i-ir,
2,200
15 23 32
...
....
S. & R. RR.
Na of bales.
1874.
April.
100...
For
200
ICO
100
500....,
600...
....
June
5,6C0 total March.
For
February.
September
October
November
December—
..
1.300...
For
15 23-32
15 25-32
1,000... ....15 13-16
15 27-32
100...
600.
15*
15 15-15
100...
15 31-32
801...
.16
6(0
400
1973.
cts.
1,100...
18.500 total Jan.
14,400 total Dec.
45,800 total Oct.
...
200.... ....15 17-32
101...
600....
710.... ....153-76
900.... ....15 7-82
600....
15*
59-32
700...
15 5-16
1,400....
1,900.... ....15 11-32
500....
15 7-32
N. & P. RR.
No. of bales.
For March.
bales.
201...
400...
100...
2,200
.......15*
8 000....
.15 3-16
15 7-32
...
•T9.
•
1,900
15 5-82
1.700
600
..
The
500
1,000
100....
For October.
801 ...t
....15 3-32
1.600
100
....15 5-82
2,800
100
15
15 1-32
15 1 16
15 3-32
12,500 total Nov.
25/200 total Sept.
'
500
600
800
200
For January.
bales.
109*
•
4.82
1,414
27,000
Weather Reports by Telegraph.—There have been rains
study the
prospects as to India cotton ; that is to say, the planting has been
completed in most districts, and in the earlier ones the weed
should by this time be well started.
Our readers are aware that
the possibilities of the crop there, the points upon
needed, up to this date, are the acreage planted or
being planted and the extent and character of the monsoon. We
have, therefore, taken the trouble to gather in what information
we could on these points, and from it all conclude that at present
there is no prospect of any diminution in the supply from that
quarter this year.
1. As to acreage. Messrs. Finlay, Muir & Co., under date of
July 16, state in their circular, that “ no figures of estimated a,rea
devoted to cotton have been received, but it is said that there
will be no falling off as compared with last .year, aud probably
some increase, as in the neighborhood of Oomrawutty a c.onsiderable portion of waste land is now being cleared and cultivated.” Under date of July 23, Messrs. Nicol & Co., say : “ We
"‘have not yet got sufficient particulars to give detailed figures,
but our correspondents in both the Berars and Guzerat lean to
“the belief that the area of land under cotton this year will prove
greater than last.” In the same connection it may be of interest
to our readers to learn that the Assistant Commissioner of the
Akola Districts has just published his report, in which he states
in considering
which light is
“
“
“
“
“
“
“
that in the Berars and central Provinces the area
the past year was 2,637,719 acres, against 2,410,435
under cotton
in 1872-3, and
week in the Gulf States and along the coast of the
Atlantic. No harm, but only good, has been done by them, 2,176,589 acres in 1871-2. These districts produce about a quarter
of the Bombay receipts, and this increased acreage the past year
except in Texas, where they have been very severe in some sec¬ accounts in part for the unusual arrivals at that port this
tions, and have done injury by beating out cotton. Otherwise season.
2. With regard to the monsoon and the present condition of
our reports indicate no unfavorable condition other than the
the plant, Messrs. Nicol & Co., under date of July 23, say: “ We
results of the August drought, which some of our correspondents
“have had heavy and continuous rain here for several days past,
still believe to have worked great harm, while others are inclined
making about 50 inches to date, which is a good average. We
“have not heard yet whether the fall has extended to the cottonto think that the reported damage has been greatly exaggerated.
It is very satisfactory to know that since the drought broke up crowing districts, but up to the date of our latest telegrams
everything promised well.” The same firm, one week later
we have not bad those excessive rains so many very naturally
(July 30), write : “The heavy rain reported iu our last as having
feared; but that the weather has, in most sections, been just “fallen in Bombay has proved very general, and the cotton crop
has every where been greatly benefited.
about as favorab’e as it could be.
Our correspondents at
Broach write that the cotton plants are in many fields from 6 to
At Galveston they have had rain on every day in the week, on
two days hard and five showery; as stated above, our correspon¬ “9 inches above ground, and look exceedingly healthy ; during
the past
“
“
“
“
dent believes that the hard rains have done harm in some sections
of the upland country by beating out cotton; the rain-fall was
three inches and ninety five hundredths.
At Indianola there was also rain on every day, with a hard
storm on two days; rainfall,seven and fifteen-hundredths inches.
They have had warm, sultry, wet weather at New Orleans, with
showers on three days ; the rainfall from which aggregated one
and fifteen-hundredths inches.
We learn from Nashville that the weather has been warm and
dry all the week, the days warm and the nights cold.
At Mobile there was rain on three days, showery the earlier
part of the week, but the latter part was clear and pleasant; our
correspondent thinks that much damage has been done by the
drought; picking is making excellent progress; the rainfall has
reached sixty nine-hundredths of an inch.
There was no rain at Montgomery the past week; picking is
progressing finely, and planters are sending the crop to market
“
the week we have had heavy showers of rain, and the crops are
“in splendid condition. Ahmedabad and Surat have beet? equally
“favorable. From the Berars we hear that although they have
“
had a week’s incessant rain the crops required it, and the cotton
“
especially is now looking
Muir & Co., under date of
remarkably well.”
Messrs. Finlay,
July 16, state that “ the rainfall has
been general throughout the districts, and accounts from Khandeish, Berar and Hingunghaut are very satisfactory, and the
“young cotton plants are well above ground, and are very
“healthy in appearance.” In their circular of July 30th they also
Bay that “ the accounts from up country are satisfactory.
In the
“
“
“
Broach districts the rainfall has been fair, and cotton and other
“
crops are said to be in splendid condition.
* * * In Khan“
deish and the Berars heavy rain has falleD, but not more
“than was wanted, and the cotton plants are looking very well,
“
and give promise of a large crop, so far as can be said at this
“
Sir Charles Forbes & Co., under date of July 31,
reports from the various cotton growing
At Selma cotton is opening rapidly, and picking is progressing “districts are generally,so far as a judgment can yet be formed,
favorable to the prospects of the coming crop.
In the Berars
finely ; the weather there has been warm and dry.
“and the Deccan the fall of rain has been very satisfactory. In
There has been no rain the past week at Macon.
freely.
early period.”
state that “ the weather
“
At Atlanta there was no rain all the week ; our correspondent
at this point believes that the reported damage to the crop was
much exaggerated ; he telegraphs the rainfall for August as eight
and sixty nine hundredths inches, the rainfall reported in our last
week’s telegram for the whole month being apparently erroneous.
From Columbus we learn that the weather there has Also been
warm and dry ; picking is making fine progress, but the top crop,
our
correspondents
thfiki will be poor,
“
Khandeish
a
want of rain was for some time felt in certain dis-
“
tricts, but latterly there has been a sufficient fall in all parts ;
“a great proportion of the Khandeish cotton land has this year
“been sown in American seed. In Guzerat a fair supply of rain
“in June was followed, during the early half of the current
“
month, by a spell of dry weather, which caused considerable
“anxiety, but by late advices an abundant downpour has
“removed all cause of fear, In Dharwar the supply of rsl& ha*
THE
276
r-Week ending Sept. 11,1874—* —Weekending Sept 12,1878.—,
Hoccipte* Shipments, Stock. Receipts. Shipments, Stock.
it
"been ample for requirementa, while in Compta and Vingorla
“
has been reported as excessive, and some damage to the young
“
plants is apprehended.”
These extracts are sufficient to show that up
dates the crop was making excellent progress.' As
nothing by cable indicating any harm to the
above dates, we suppose that up to this time the
continued satisfactory.
Bombay Shipments.—According to our
to latest mail
we have heard
..
Columbus.
Macon
..
Montgomery
Great
Britain,
1874
1878
1872
*
Continent. Total.
..
..
Nashville...
cable dispatch received
Cincinnati
9,000
10,000
4,000
1,000
5,000
9,000
Shipments since Jan. 1—,
,—Receipts.—>
Total,
This
week.
Since
Jan. 1.
782,000 362,000 1,141.000
678,000 196,000 869.000
619,000 239.000
858,000
^2,000
923,000
Con*
tinent.
Great
Britain,
...
plant since the Selma
conditions have Memphis
brought down to Thursday, Sept. 10:
.—Shipments this week—»
..
..
Total, old.
from Bombay to
Great Britain the past week and 4,000 bales to the Continent,
while the receipts at Bombay during the same time have been Shreveport..
Atlanta
2,000 bales. The movement since the 1st of January is as
follows. These are the figures of W. Nicol & Co., of Bombay, St. Louis
are
2,000 1,211.000
1,000
906,000
.
,
Augusta
to-day, there have been 5,000 bales shipped
and
[September 12,1874.
CHRONICLE.
Total,
736
332
286
933
985
379
348
4,964
1,090
1,060
782
605
334
1,780
489
320
1,273
1,494
1,309
1,677
1,716
497
642
..
..
..
..
new
441
476
1,253
1,586
497
1,024
2,823
1,355
18,457
4,566
5,195
9,374
838
744
633
4,796
5,446.
..
1,009
6,019
3,242
295
282
540
408
338
87
38
100
756
526
83
443
5,600
1,263
1,576
2,015
8,625
1,540
2,470
3,067
36
275
40
35
17
475
419
154
319
185
772
2,131
681
814
1,510
7,665 12,441
6,106
6,306 27,082
The above totals show that the old interior stocks have increased
during the week 650 bales, and are to-night 9,083 bales more
Total, all.,
6,260
..
-
foregoing it would appear that compared with last than at the same period last year. The receipts have been 880
there is an decrease of 1,000 bales this year in the week’s bales more than the same week last year.
shipments from Bombay to Europe, and that the total movement
The exports ot cotton this week from New York show an in¬
since January 1 shows an increase in shipments of 275,000 bales
crease, as compared with the last five days of August, the total
compared with the corresponding period of 1873.
reaching 4,884 bales, against 2,866 bales last week. Below we
Gunny Bags, Bagging, Etc.—Bagging has not been active, on give our usual table showing the exports of cotton from New
account of the high prices asked ; and at the close holders would
York, and their direction for each of the last four weeks; also
probably shade former quotations. The sales are 500 rolls here the total exports and direction since Sept. 1, 1874; and in the
on p. t.; 1,000 rolls
in Boston at 14c., and 250 bales on p. t. last column the total for the same period of the previous year.
Native has been in fair request, and sales of 50 bales are reported Exports ol Cotton (bales) from New York since Sept. 1, 1874*
at 4|c., gold in bond for export, and 150 bales duty in lots at
Same
WEEK ENDING
10i@10fr. Bags are held at 12c., no sales making. Jute butts
Total
period
are in small stock, arrivals are small, and demand light.
Sales
EXPORTED to
to
prev’us
Sept.
are 600 bales at 2 ll-16c.; 400 bales at 2$c. currency ; 500 bales
Aug.
Ang.
Aug.
date.
year.
9. '
31.
26.
19
at 2£c., and 500 bales September shipment at 2fc. gold, cash.
From the
year
•
Cable and Tele¬
supply, as made up
Visible Supply op Cotton as Made up by
graph.—Below
we
give our table of visible
by cable and telegraph to-night. The continental stocks are the
figures of last Saturday, but the totals for Great Britain and the
afloat for the Continent are this week’s returns, and consequently
brought down to Thursday evening; hence to make the totals the
complete figures for to night (Sept. 11), we add the item of exports
from the United States, including in it the exports of Friday
only.
1872.
1873.
1874.
841,000
111,000
Stock at Liverpool
Stock at London
728.000
209,250
815,000
215,000
Mvfirpool
5.871
5,455
2,866
2,775
4,264
11,710
Total to Gt. Britain
5,871
5,455
2,866
3,775
4,264
11,710
95
2,109
2,109
2
95
2,109
2,109
2
Ot.hpr British Ports
Havre
Other French ports
'1
ofal French
Bremen and Hanover......
....
Hamburg
Other ports
Total to N. Europe.
*
••••
*
*
*
Bpain.Oporto A Gibraltar Ac
952,000
Total Great Britain stock
179,750
14,000
58,000
Stock at Havre
Stock at Marseilles
Stock at Barcelona
937,250
128,500
12,750
1,030,000
39,000
49,000
16,000
39,000
32,000
46,000
98,750
223,000
19,000
Stocxat Hamburg
25.750
Stock at Bremen
Stock at Amsterdam
Stock at Rotterdam
44,500
95,250
Stock at
10,500
29,000
27,000
Stock at other continental ports
35,000
67,000
9,000
42,000
71,000
Total continental stocks
486,500
480,000
557,000
1,438,500
l,587,0O0
330,000
1,417,250
290,500
27,000
44,000
95,561
36,000
40,000
65,963
18.457
9,374
1,000
23,750
Antwerp
Total European
stocks
jndia cotton afloat for Europe
American cotton afloat for Europe
Egypt, Brazils, Ac., afloat for Europe....
Stock in United States ports
Stock in United States interior ports
United States exports to-day
Total visible
supply
Of the above, the totals of
....
89.000
308,000
18,000
55,000
63,239
J257,000
180,000
199,000
36,000
65,968
9,374
1,000
117,000
698,018
568,342
392,334
527,000
111,000
471,000
635,000
215,000
Europe
United States stock
18,457
United States interior stocks
United States exports
co-day
Total American
....
bales.
18,000
68,239
Indian, Brazil, dbc.—
Liverpool stock
London stock
243,500
330,000
Continental stocks
jndia afloat for Europe
Egypt, Brazil, &c., afloat
44,000
1,291,750
supply
bales. 1,953,518
7%®8d.
Middling Uplands, Liverpool
1,860,092
India, Ac
Total American
Total visible
'Price
209,250
281,000
290,500
40,000
1,255,500
698,018
Total East
568.342
91.
2,045,334
w.
indicate an increase in the cotton in sight to¬
night of 93,426 bales as compared with the same date of 1873,
and a decrease ot 91,816 bales as compared with the correspond¬
ing date of 1872.
Movements op Cotton at the
Interior Ports.—Below we
give the movements of cotton at the interior ports—receipts and
shipments for the week, and stock to-night and for the correspond¬
ing week of 1878.
PHILADELP’IA
Since
Sept. 1.
....
11,712
This
week.
Sept.l.
This
week.
Sept.l.
154
154
8
8
Since
466
Savannah
2,306
84
84
1,112
5i?
517
20
91
198
14
164
21
228
35
307
21
260
845
115
Virginia
Since
2,645
,
583
Since
Sept.1.
447
Mobile
Florida
S’th Carolina.
N’th Carolina.
BALTIMORE.
This
week.
1.705
-
-
,
,
,
,
....
...
....
....
260
8451
•
•
.
.
•
•
...
13
99
....
....
....
••
•
....
•
99
115
•
...
....
79
54
79
54
48
48
.
....
,
,
•
•
.
.
13
....
Total this year
5,590
7,211
1,821
1,821
301
301
154
154
Total last year.
7.018
12.607
2,251
2,251
491
491
686
686
Shipping News.—The exports of cotton from the United States
the past week, as per latest mail returns,
bales. So far as the Southern ports are concerned, these are the
have reached 5,594
icle
1,653,000
392,334
....
6,373
1,373
2.866
2,438
lame exports
440,000
308,000
55,000
••
....
•
New Orleans..
Texas
1.000
These figures
This
week.
8,095
East
•
BOSTON.
NEW YORK.
bkoe’ts prom-
Foreign
243,000
27,000
95,561
•
5,550
5.871
2,045,334
314,000
....
The following are the receipts of cotton at New York.Boston^
Philadelphia and Baltimore for the last week , and since Sept. 1/74’
North1 rn Ports
Liverpool stock
•
....
Grand Total
Tennessee, Ac
Continental stocks
American afloat to
Spain, Ac
Total
1,000
American—
....
All others
8,095
1,860,092
1,953,518
American and other descriptions are as follows:
•••
....
reported by telegraph, and published in
The Chron¬
last Friday, except Galveston, and the figures for that port
are the exports for two weeks back.
With regard to New York,
we include the manifests of all vessels cleared up to Wednesday
night of this week.
Total bales.
New York—To Liverpool, per steamers Minnesota, 828 — Palm, 558
The Oucen, 753
Russia, 1
China, 295....Republic, 310
per ship Jorawar, 30
2,775
To Havre, per steamer Washington, 741....per bark Argonaute,
.
1,368
New Orleans—To Liverpool, per steamers
To Havre, per steamer Sully, 11
Sully, 432
Charleston—To Liverpool, per bark Atalanta,
2,109
432
T
149 Upland and 13 Sea
Island
53
52
Baltimore—To Liverpool, per steamer Jose. 53
Boston—To Liverpool, per steamer Batavia, 52
5,594
Total
The
are as
particulars of those shipments, arranged in our
follows:
New York
New Orleans
Charleston
Baltimore
Boston
Total
11
162
Liverpool.
2,775
432
162
53
52
usual form
Havre.
2,109
11
....
....
2,120
Total.
4.884
443
162
53
52
5,504
Cotton
demand has been
freights the past week have been na follows:
Jail.
d.
Steam.
d.
Wedn’day.
Thursday.
Friday....
c.
c.
X
..®x
X
..®x
,®7-32
®7-32
X
X
~Sx
®7-82
X
X
..@v
•ex
Xcomp.
®7-82
<2>X
c.
e.
c.
...
®7-32
®X
Tuesday...
Steam.
jfcomp.
Xcomp.
Xcomp.
Xcomp.
Kcomp.
®7-32
Saturday..
Monday...
-Hamburg.—n
-Bremen.Steam. Sail.
-Havre.Steam. Sail.
,——Liverpool.
..®X
..®X
..®X
,.®x
..«x
®X
.
P.M.—By Cable from Liverpool.
to-day. Sales of the day were
14,000 bales, of which 2,000 bales were for export and specu¬
lation. Of to-day’s sales 8,000 bales were American. The weekly
Liverpool, Sep. II.—3.30
—The market has ruled stead y
movement is
given
as
follows:
72,000
of which exporters took....
of which speculators took...
9,000
6,000
Actual export
Amount afloat
of which American
The
2,000
870,000
848,000
910,000
859,000
91,000
14,000
Tota stock
of which American
Total import of the week
of which American
21,000
10,000
9,000
884,000
12,000
i....
Sept. 4. Sept 11.
78,000
61,000
18,000
10,000
2,000
1,000
841,000
890,000
818,000
385,000
21.000
81,000
10,000
19,000
11.000
10,000
884,000
319,000
Aug. 28.
61,000
6,000
Aug 81
bales
Sales of the week
887,000
41.000
23,000
28.000
40 000
following table will show the daily closing prices of cotton for the week
Tues.
Mon.
Satur.
Thurs.
Wednes.
Fri.
7Jf®8
7J*@8
do Orleans. ...®8*
...®8*
....$8* 8*®8* 8tf®8* 8*®8tf
European Cotton Markets.—In reference to these markets
our correspondent in London, writing under the
date of Aug.
29, 1874, Btates:
MId’g Uplands...@8
.
..@8
TX®8
©8
...
Liverpool, Aug. 27.—Since the commencement ol the year
the transactions
speculation and for export have been :
on
Actual exp. from
on spec,
U.K.in
outporta to date-.
1872.
bales.
1874.
bales.
1878.
bales.
bales.
123,150
6,900
8,720
1,100
186,810
8S.400
32,650
3.840
77,069
18,815
7,839
78,686
10,815
7,412
10,093
120,750
18,880
9,990
29,270
Ac. 55,830
48,320
215,390
189,168
124,311
412,600
247,840
187,190
522,090
300,531
231,817
591.490
American.... 157,240
Brazilian....
18,400
Egyptian, Ac. 13,4S0
W. India, Ac. 2,440
E. India
Liv., Hull A other exp’tfrom
to this date—»
Total
7.640
quite moderate, although favored by low rates
Receipts at the Western markets have been
much smaller than last year, but the movement toward the sea¬
board is large from previous accumulations. There is, therefore,
no lack of supplies, present or prospective.
It seems very prob¬
able that farmers are bolding back their wheat for better prices.
The business has been mainly at $1 16@1 18 for No. 2 Chicago
and Northwest, $1 22|@1 234 lor No. 2 Milwaukee, both old
crop ; with prime new red and amber Winter $1 23@1 244. New
Spring wheat was nominally 2@8c. below old. To-day, the market
was firm for old Spring, with sales of No. 2 Milwaukee at $1 23@
<91 25, and No. 2 Chicago at $1 1601 18 in store and afloat, but
prime new red Winter sold at $1 23.
Indian corn has marked another decided advance. Receipts
have been moderate, both here and'at the West, and there has
been a good demand for home consumption and for export, but
the strength of the market was mainly speculative. Early in the
week prime mixed sold at 91@93c in store and afloat; but yes¬
terday about a quarter million bushels changed hands at 95@96c
in store, 95, 96@97c to arrive, and 96@974c afloat, closing in each
case at the higher
figures. The latest purchases for export are
understood to have been at 93c. To-day, prime mixed brought
99c afloat, and 97c to arrive, but was very dull.
Rye has been more steady, but without decided change. Barley
of
"378.
The following statement shows the sales and imports oi cotton
tor the week and year, and also the stocks on hand, on Thursday
SAL1S8, ETC., Or ALL DESCRIPTIONS.
Sales this week.
Total
Same
Ex- Speculathis
period
Trfldo. port
tion. Total.
1873.
year.
American.. bales.
510 26,850 1,885,790 1,353,250
1,090
Brazilian
110
9,400 292,940
272,470
200
9,090
90
186,440
5,240
5,240
199,400
Egyptian
60'
29,250*
BSF&S*»
Bast Indian....
Potal
12,240 4,340
53,020
5,910
American
Brazilian
35,840 34,980
7,420
7,290
5,380
5,540
lation checks
The
following
Total.
1873.
Total
3,586,546
468,070
809,789
16,102
113,041
767,608
..
This
Flour.
No. 2
Superfine State andWest¬
4
ern
Extra State, Ac
Western Spring
Wheat
extras
do double extras
..
brands.
Southern bakers' and fa¬
148,690
62,510
77,830
Corn meal—Western, Ac.
Corn meal—Br’wine, Ac.
100,300
65,620
1,850
31,400
39,840
8.510 ] L
28,890
j
90 i«n
268,480 294.840
281.800
756.510
592.960
mily brands
870,080
prices have slightly declined. The following
particulars of imports, deliveries and stocks:
Imports, Jan. 1 to Ang. 27
Deliveries
,....
Stocks, Aug. 27.
1872.
Bales.
1873.
Bales.
1874.
Bales.
814.368
241,503
283.249
196,165
222,186
201.9U9
137,298
212,542
109,882
for 1878-4 will be
early a date in Sep¬
tember as the complete figures can be obtained, probably on or about the
15th.
Merchants and others desiring copies, with their business cards
inserted, should send orders immediately.
"^The
flour market has been
fairly active the past week, and
prices have been without important change. The export demand
has been checked to some extent, and on Wednesday shippers
were
enabled to
sin brands at
secure
several thousand bbls of favorite Wiscon¬
$5.30@$5.35, a decline of 5@10c per bbl., fancy State
Indies, to the extent of 4,000 bbls., at $5.$0@$5.90>
low winter extras at $5.50@$5.85, and prime superfine for the
Provinces at $4.80. There has been a better trade in the range of
$6@$7.25, with choice brands $7.50®$8. Receipts at the Western
markets have fallen off, but have been pretty free at this point,
and receivers show as yet no disposition to store. Rye floor
at some decline has been fairly active.
Com meal is firmer, but
dull. To-day, there was a good demand for shipping grades of
flour, and they were firm. Com held for a further advance.
The wheat market has fluctuated slightly from day to day, but
as
compared with last Friday has changed but little. The export
for the West
5
50® 8 00
5 25® 5 85
6
25® 8 00
7 00® 8 25
5 75® 6 75
1874.——*
For the
Since
1 26® 1 82
l ]5® ] 2?
1 28® 1 27
1 25® l 42
97®
99
1
Southern, white
Rye
Oats—Black
Mixed
White
6(3
Barley—Western...
1
week.
Jan. 1.
Since
Jan.
1, 1878.
-EXPORTS PROM NEW TORK.
-1874.For the
Since
week.
Jan. 1.
1873.
,
For the
Since
week.
Jan. 1.
38,208
966.029
Flour, bbls. 74,063 2,707,811 2,151,723 85,876 1,531,222
C. meal, “
4,066
182 094
1,509
140,895
168,577
2,815
135,094
Wheat,bus. 858,507 29,069,648 18,924,452 995,899 26,562,240 477,467 12,176,720
“
Corn,
271,523 22,815,074 15,738,451 175,462 15,713,915 774,313 9,827.923
533 050
92,716
551,094
Rye,
.
10,125
457,205
“
667,811
*
8,000
40,040
Baxley 44
8,260
778,598
804,754
Oats ...44
179,889 6,775,361 7,955,729
6,950
88,936
2,600
26,454
.
.
.
.
.
In44 Receipts at
New York'1 includes also malt.
The following tables show the drain in sight
ment of Breadstuffg* to the latest mail dates:
and the
move¬
RECEIPTS AT LAKE AND RIVER PORTS FOR THE WEEK ENDING
SEPT.
5,
AND FROM SPET.
Flour. Wheat
bbls.
bush.
(196lbs.) (60lbs.)
BREADSTUFFS.
Friday P. M.. September 11, 1874.
00® 5 40
50® 8 00
/
*
The Annual Cotton Crop Statement
Issued from the Chronicle office in circular form at as
5
5
spring..
Red Western
Amber do
White
Corn-Western mixed
White Western
Yellow Western
RECEIPTS AT NEW TORE.-
London, August 29.—The cotton trade has been dull through¬
out the week and
dull,
...
movement
t
21,497 2,629,934 2,579,827
was
Canada Went
1
5 00® 5 50
State
1 15® 1 80
4 25® 4 75
1 15® 1 40
5 0C® 5 15 Peas—Canada
in breadatuffa at thia market ha8 been aa lol-
Rye flour, superfine..
The
Iowa:
No. 1
60® 4 90
5 10® 5 30
Southern shipp’g extras..
159,770
To-day, the market
Grain.
Wheat—No.8 spring,bush.$1 ic® l 14
No. 2 spring
1 16® 1 25
«bbl. |3 75® 4 15
-Stocks.Same
date
Dec. 31.
1878.
1873.
day.
843,410 290.130
markets, but specu¬
the closing quotations :
City shipping extras.
City trade and family
....
the
are
59,710
1,871,991
are
shipments eastward.
2,250 61,180 2,581,400 2,488,880 60,490
To this To this
date
date
1874.
1873.
and
and closed weak.
10,580
647,570
are scarce
than corn.
even more
The movement is fair at the Western
tober.
11,150
1,540
78,240
547,980
Canada peas
this market has been very
do winter wheat extras
and doable extras
...
.
1878.
near
1,480
55,700
10,537 1,475,550 1,489.070
18,419] 368,119 327,999
Egyptian
182,708 178,247
2,061
Smyrna A Qr’k
15,630
W. Indian....
62,632
2,541
50,721
East Indian...
550,775 506,249
.
1874.
nominal.
The supply on hand
light, and yesterday scarcely
any were offered for immediate delivery. There have been sales
of several hundred thousand bushels to arrive at 65@654c. for
September, and 63c. for October for No. 2 mixed, with some busi¬
ness early in the week at 59@60c. for both September and Oc¬
Oats have advanced
and
1,040
1,670
18,120
Imports.-
This
week.
Average
weekly sales
freights.
remains unsettled and
evening last:
i
ocean
higher.
Actual
1873.
bales.
1874.
bales.
277
THE CHRONICLE.
September 12, 1874 J
Chicago...
..
Milwaukee
Toledo
Detroit
Cleveland
St. Louis
Peoria
Duluth.
Total.......
Provious week
105,092
*72.
44
“
’71.
'70
’69.
Total Ang. 1 to date.
Same time 1872-73.
Same time 1871-”2..
Same time 1870-71..
*
678,280
86,780
171,691
171,989
80,350
188,721
6,500
771,990
11,570
46,897
1,438
14,900
38,145
60,210
SEPT.
5.
208,464
19,925
74,187
10,891
83,150
64,959
49,750
52,226
20,635
10,217
8,580
700
2,076
3,000
47,410
4.900
11,707
8,500
7.710
1,613,971
945,060
2,690,543 1.807,725
120,814 3,955,929 2 070,005
95,693 1,553,871 2,126,114
146,681 1,937,938 1.438,784
144.812 1,513,588
426.709
108,658 1,551,468 1,648,687
495,775 9,536.487 6.545,832
528,371 11,210,062 11,936,634
442,498 7,657,206 12,889,522
806,034 9,839,606 8,715,841
106.838
Corresp’Lg44week,’78.
44
23,908
22,716
1,585
13,123
*8,585
37,403
1,107
*2,550
1 TO
Corn.
Oats.
Barley. Rye
bnsh.
bneh.
bush.
bush
(56 lbs.) (321b».) (48lbs.) (66 lbs.
485,826
835,886
675,468
725.617
136,217
127,069
226,225
1,161,190
289,691
304,399
688,099
868.612
34,044
52,618
90,114
58,613
135,199
68,148
55,246 122,755
510,438
4,108,927 444,117 2,258.829
8,757,279 726,778 816,981
8,870,887 637,055 219.455
6,093,707 1,219,006 744,985
Estimated.
Flour and Grain from the ports of Chicago,
Milwaukee, Toledo, Detroit, Cleveland, St Louis, Peoria and
Duluth, for the Jweek ending Sept. 5, 1874, and from January
1 to Sept. 5:
{Shipments of
218-'
'
.53,248
4,733
Corrtsp^S^ek.1871 ,419,442 *,8*3,773 *,310.762 ,-643,703
Corresp’ng’week 1870 88,787
895.364 627,260 r 709,700
Total’Janj to/1 Ate. '&8M,249 41446.350 3 4/17?,320 11,416,276
Same time 1873,..... 3.725<0*4 39,140,220 33,670^19111,079,373
Same time 1872
3.934,672 26,563.8-28 33,392,417 14,966,293
Sari!*time 1871... *V.'2,52i;5TO 11,711,618 45,869,612 19,160,606
*CU,770
34,120
176.C87
1,431,226 2,44 9,769
1,374,475 2,433,816
1,634,000 812,563
1,119,606 749,397
GRAIN AT SB ABOARD PORTS FOR TflE
5, AND FROM JAN. 1 TO SEPT. 5.
*
RRfcltfPTS OF FLOUR AND
t W»BK BNDINO 8EPT.
•./;': Flont,
Wheat,
I
bush.
At—
bblH.
72,276
NeWYork
45,531
3.2Q0
..14.408
Boston
Portland
Montreal*
22 623
'4(y,107
Philadelphia
Baltimore
1...
New Orleans........
848,388
18,406
bush*
bush.
337,506
6,000
.88,685
88,200
62.000
’'27.244
<#*564
11,700
84*192
76 500
•
145,067
1.33.100
286,200
r
,
,i
;
^
Supply/of
Visible
4,000
756,073
755,973
-1*_
“»
f
r
“
“
“
"
•
'
•f
'
sh.
bush.
L82L885
181,390
44,600
5,300
183,590
986,852 ,4,288,779
236,802
12,925
16,008
.
ilVlSt
V.
135,449
601,818
* 208,487
425,000
'
466
’24.853
161,895
145,000
205*754
12,129
110)589
v11,100
65,000
25.000
172,801
139,663
133 820
•
*
■>
131.571
■
‘
r.
30^293
139,000
-763,000
btisb.
1^
,
,
(
1,968,033
1,480,958
7,487,334 1,255,441
7*031,858 1,043,938
611,691
6,809,841
13,261,388 2,898,892
710
do
8,000
do
,
22)502
‘500
16*000
43,751
174,898
129,990
95,478
46,822
3J7 .114,768
4,376,$1,740,203.
..
cotton..
;
402,918
3.6S0 $1,710,012
consnmpt’n 5*302.; 2,104,755
8,982 $3,814,767
Potal.thrown upon m’k’t.
ENTERED FOR WAjREHOUSD^O
—1*572;/ $683484
Manufactures of
19Q,6?2
313*808
106,491
43,198
.potton.. ^605 )
silk
272
do ’
r
dax
‘ 591
Mlsceilaneous. dry goods.,: 87
do
do
•
consumptn
Add ent’d for
355,286
(,:
'.582
150,953
4,873 $1*783,474
;
:l.M
„
$680,069
1,444
322,955
122,192
.36,599
,
439
139,141
"175
168.356
020
138
147,917
-
37,607
4,376., 1,740,203
2,816 $1473,090
4,873 1,783,474
7,990 $3*853.374
7,689 $2,956,564
$1,113,171
3 614
,
DURING 8WSBIOD
74,M5
106*754
160,731
136,480
232
.114
330
15,734
1,626
$7,63,515
3,049
$583,101
4.873
1,783,474
343
158
494
55
;r
$302,019
747
$343*816
717
i,
.
(1,767
4,376
*
Total.
r
<
..
Total
..,,628
>114.040
382
293
210.808
617;
310
PkgS ;i Value.
$622,111
1,363
860
273.278
546,270
190,862
$517,385
1,159.
$885,716
.
.->703
-»1.419
,
wool— 1,817
l
’
MARKET DURING THE
WAREHOUSE AND TBKOWN INTO. THE
r JBAME VBBIOD.
silk
Add ent’a for
27,644
32,635
r *
225,718
950
255*174
1,014
,
ENDING SEPTEMBER
10, 1874.
r—-—1874—
,
y-iflax,i... ;625 < 1411477
Miscellaneous dry goods311 .
: 69,573
;
1,740,203
104.908
/
69,319
32,310
$3,492,068 ' 6,143 $2,503,718 7,922 $2,366,575
few particulars ot.Aeadiagarticles of domestic
manufacture,our prices quoted being those .of ?feaomg jobbers:
«i the port. 8.429
Total entered
We annex a
/Print*.
GOODS TRADE.
Friday, P. M., Sept
.
'.
do
;
Bstfiiiated
fancy....
Ancona
11, 1874.
do
< ‘ 9#
specialties HK1I
!
da • Bhirtingi.; ' ?8X
American .;....
9%
i
do V- gn & ogn ' 10
becoming somewhat unsettled in consequence of
reductions in the prices of brown and bleached cottons,
The market is
the recent
£:4ax
WITHDRAWN FROM
;
THE DRY
1872
-
do
-
‘
1,792,604
•
-1873Pkge/'Value. 1 Pkgs. : Value.
Manufactures of,wool.. *>1*489
$713,531
1,705 $729,095
/do
CPWon318
393,782
253,162
879
] do
_.,piik....r 685 594,444 ., ,535 .. .417,460
^
0,435,451
7,284,263
6,551,837
‘
*
.
Manufactures of
3,171
weeks of 1873 and 1872,
'
‘
54,167
5,340
•
dry goods at this port for the week ending
528 |: Miscellaneous dry g°°dB.h:486 147,824
Total
I
.‘SS $2,104,755
2,9€fi
50,000
153,605
183,2i8
52,000
,
.
CONSUMPTION FOB THE WEEK
ENTERED FOB
;
Barley,
’8,379
2,513
_________
transit Aug. 29/74 8,391,937
“
Aug. 22/74 7,901,793
“
Aug. 15, ’74 6,824*,460
“
Aag. 8, ’74 6.904,"822
“
Aug. 1, ’74 8,436,585
“
Sept. 6, ’73 T,930,«32
'
24,742
95,000
,
follows:
,
16.397
2611933 /' :339,374
1,360,805
1,800,326 0.»
36,914
1,586*300
680^895
74,819
7.024
591,242
S.375/124
Total
c.
Total in store & in
'
-
1,013,531
20,900
j
1874, and the Corresponding
have been as
.v
.
,
{m.
.
The importations of
;
accumulation at lake and
tbe Lakes and on the New
Oats,
‘
Sept. 10,
4QrAin, including tlie stocks in
In store at New York..
.v..*
In store at Albany
'....
Iff Wtore at Bnffalo... 1
In store atChicago........;.,.t<. ..<•
In tetofe at Milwaukee
...
In store at Dulnth
h.. . •••... .
In store at Toledo
In JrWteAt'Detroit
In store at Oswego*
In BTOfe At Boston
In store at St. Louis
In store at Peoria
In store at Toronto
In store at Montreal
In store at Philadelphia*
In tore at Baltimore*
....
L&ke shipments*...,
Rai 1 shipments
On N. Y7 Cdnals
:
658.804
1,228.348 685,785
1,334,752 438.1W
..
active general
.
669.904
:,
granary at the prihOrpal ‘points- of
seaboard ports, in transit by rail, on
Yoi& canals, wasr on Sept.. 5* 1874:
-
i’f
.11,975
12,&1Q,680
12,402,657
15.272,816
14,776.182
Totel;*TfUJ, 1 to datew6,954.629 42.403,334 39.858,877
Same time 1873
6,736,605 40.97l.Q73 89,255,258
Same tffmk i872... .V.. 5,678,163 21,03V, 153 31,309,306
Same time 1871
4.650,965 3,463,858 ;49,Q#J,677
Estimate.
1,000
2,200
4,000
'
Foreign
trade in
also
*100
671*785
281,305
421,490
v,
foreigh dry goods, and the biarket, is steady on most
800
The liberal offerings through the adpHon houses have
lines.
attracted the attention of the trade from offerings in the regular '
300
1,500 way, and the bulk of the business has been at public saler. There
is a good demand f°r staple dress fabrics, and dress silks are
11,100
sales
of the week have been
ijj
,•
j
4,675 selling wall’! !,The most important
6,285 those of the stocks of Messrs. Paton & Co. and of Messrs.
2,730
4)407 I Hennequin & Co./the latter being about to retire from business.
n1*1
60,121
Both resulted satisfactorily.
,
:
. 1
100
640,255
Hosiery 4*:rather.quiet.
Goods.—There has beenu/nicderately
all of the best makes*/
8,500
762,853
-
goods still sell fairly in
J^nds.
freedom f?om
bush.
bush.
408 023
>
683*619
'218.024 >■•1,432.281
Previous week
184,3/1 1,452.834 1,372,582
958
254
1,142.676
Week AtmV22.189.721
897.438
1,624.337
Week! Aug. 15
•**,? 185,064
Week Aug. 8...
174,201 1,096,961 1,640,565
Cor.Whek’73.
1*8,332 1,012,899 8,815;42l
Total..;
produc¬
Rye,
Bariey,
-
199,090
89,032
11,900
500
19,874
;
Oats,
Corn,
•
though prices continue
fairly steady, flfrere fa a ' liberal jobbing movement in
repellantp, and.ffie' mafket iN pretty well ipleared of low priced
goods. There is a: good trade doing in/flannels, and .nearly: all
grades are well cleared up, with some sales ahead of the
tion. The movement in shawls and knit goods is fair in a jobbing
way, but only tbO tnost pdpular'makes And.styles move With' any
to rule
'■
*8; 786
: i! 190,653
•
buyer* ef£ am All lines; And does
aggi^jk^ a Tery satisfactpry- amount,
not
2U505
i! 48,233
39,166
The tail • ik mAinly from
feature.
*»<*-. i-bnab.
15^53
, 59,751
1,180
71.183 1492,195
^
■BMfley,
Klon l,- ' W* WJ «fontHii;
99,^15 2,006,080 1.407,719
336*923
128,851 v<J. 48 i;«W 1(336,TT8*V 338.363
T,5
Sept. 5, 1974..
August 29s, 1874
*
[September 12^ 1874.
Tmr>mtmxm T
do
pnk chks
do1 robes....
Anchor shirt’s..../
10.
9
Garner’s fancies.
9^
9X
9*
purple..;
do T:
Gloucester.. /. .•...
—
do
do
mourning.
shirting:
Oriental shirting
r do ' ..side band
Pacific Mills
Peabody solid....
Richmond’s
8)4
purples
10>^
9X
Hamilton......
‘ 'checks /
do
/. .do ; h’rcbrd.
10)4
10
do
do / i
.
9)4
to
Qkrety <'>9)4
10
still greater concessions in their
frocl«w. >iilOM
-i-do
40M
8iX
dp
.dbl puk. ,10#
favor, and have so far shaken their confidence in the stability of Albion solid....
.,i.dp(;..pnrpl?S‘,iTtt0^ Simpson
9
ihofirn..
9)4
do 1
sbirt’gS.
9
9}£ Harters'fancies..
do .fancy
the market as to make theqi very indifferent about purchasing,
do solid blacks
9
9%
-do' suiting....'v 9
10^
do1 Swiss....
10}£ Sprague’s froc’s..
9)£
except as their wants may render it? necessary. Speculation is out Allens’ fancies..:
10
do : fruby&-bk
10^ .7- do A reds,ijfh. vr 40
do-checks.... / 10
do
purples*,
do' -SOI chks.
of the question, as there is no confidence in the future of values.
10
’do
pink ..... / 10X
do
piftks..,.
do;. 'grn&oge.
10>^
do
cheviot...
9.
It is getting rather late in the season, however, for an active
do
solids.^..
! do:.9
shirtings. *
4)
to
'
il^prks'W
fanclea’
JS
=business, and nothing more is expected during the remainder of Amo skeag../.....
8
10%
> ’15X :
• doCbnE rbs.:
;
do'
purples
8M Lancaster 'cam
11
the season than the irregular demand peculiar to this period. Bristol fancies... v 0 ■/.< -.Miners’ ebixts
./> 8>^
\ do
blue<fc
wh
4)01
Cocheco faucies...
There is a fair attendance of buyers from the interior, looking
9)4
iP-i■ t 'Sfc '9)4
do
pinks
Merrimac
D-fey
i
e;
j
Southbridge
fan..
for small jobbing lots to replenish .their assortments, and a 11
do
purples...
10>^
8)4
do F pk&pur
do
shirting
10X |
robes....
10^
do
I
do
GT....
9)4
Wamsutta
reports indicate a satisfactory retail business in all sections.
do
shirtings. - 8#
10M
HO rT'ri5be6v../\l<n ! Washington rbes.
do
There are no complaints of unusual backwardness in collections,
sideb’nds. 10^
11
do grn stripes
8)4
do
'shirtings
9j^
IConestoga fancies
10M
do pad’d fan.
10
and the financial condition of the trade seems to be satisfactory.
dDc-trtde b’nl
iCarleton
;
10^
do fancies
10
Mallory
&M-10 •v/do pinks....
10%
Dhe volqme of business, however, is below the expectations,,of Dunnell’s
do fan A choc
9
buffs..
do
pnrpies^r
10
which have led
buyers to expect
-
:
•,
,.
.
,
•
•
-
....
,
..
.
..
-
.
—
.
•
.
...
...
sellers.
Domestic Cotton
do
t
Goods.—The market has been
decline made last week.
,
do. <
.
rnbyr
do Swiss do...
do
'frocks...
..do
do
■9)4 j
r9: I
.Otf
1 8J£
checks.
Freeman fancies
unsettled
week, and a further
the trade by the
Jobbers have taken up their custom of
and irregular Muring the greater part of the
reduction of values has been precipitated upon
....
n<do
‘-a
!
piiAks...
purples..
,
checks.*.
9
Oriental, D. fancy
9
19)4
do- * robes.
10
do . purple.
rutry:.....
.9^. or do
fu\i\
n
\
I
do Swiss rub.
do gfeeb&br.
do fE’rkey red. 1
do palm, robe
do-pnrples*./
,do
pink
)4
m
10^
10)4
lO#
11
10 • I
Nall Buck.
•Ontario- ffnd Woodberry
market has fyeen very much unsettled by WoOdberry • andi • Druid ■T«n •*»
...:..!■■■ 30:
4JS A,standard $3# ip.
.28
material reductions on many lines of staple goods. Prominent
No. 8..
do
8 oz! 22
26'
No.9...
44
’•do
9 til * 24
brands of brown and bleached goods have been cut up in price to No. 0
.,r:
'0/.7/-i:
yp,
No, 1.. *V7......... 42:
10 oz. ,26
.do
Light
duck—
afford baits, but buyers have not taken bold with much eagerness. jNo.2.^..
40 Dear (B AX ) 29 in
"12 oz/ '31
do
18
No.3v
88 7
.25.PZ.. 38
21
There has been a steady demand for prints, and the market con¬
Ontario Twfs, 29in. 18
20
84
>•:/
do
tinues firm with a fairly active call for side banda though the |;§j£ 5///.'/..
dor
>40in.f 28
32
No. 6
Ex twl8“P•lhetQ,8,,
popularity of these styles, seems to be decreasing in some sections.
16:
Other lines of cottons rule steady, with a fairly active call from
t
HBom^tic
v
,iw
11M I (Jlenox
[Renfrew.
;
retailers for small lots to replenish stocks.
. \ Amoskeag
-illil |TGfOtt$eeter.//. •/./V40Sfcirlfcy
Hafoa.Ti n. /
Domestic Woollen GOOD8.*-The i demand for woollens lot [ Bates la 1A
n’s wear has been light and the market is without fcdUWe"‘G
making drives, and the
di 1..... •/,.
.
..
:i
■
f
-
...
•
. .
.
.
•.
n
hi-
•.
!•*
«4««m
2?9
September i2pi&74<3
PRICES CURRENT.
d
ASHES—
rot,.
Croton
Philadelphia.
White pine box boards*....«..7Vv. 20 00
White pine
pin< merchan.>nbox boards. $4 00
P!ltaai*nina>
.CieaiMelne
.'.V. ?i. ...'."'i. '«5 00
..
..m*
@25 00
j
27
20- 9 m
r
gas
COFFEE—
*...^,18 00
*» *;i-
-
>-
Rio, ord. cargoes, 60990 days, gold,
do fair,
do
......gold.
good,
go ML
-i ^do
-
do
do prime,
Java, mats and
Native Ceylon
gold.
gold.
bags
.
Sheathing, new (over 12 oz;
Braziers* (over-16
v.........
Ingot.4*«■ *,,,j«».••••*.!»,_
DOTTdN—See special report.
drugs a dyes^- T 2*
5
Alum, lump *
Argols, crude
.........gold.
ftrgols, re fined
“
**
Arsenic, powdered...,.
It*
-7
"
.*•
23
17
27
20
9
9
!
21*
M
82V
3V
Cream tafrtar.
C ntch... *
?42V
c*
.j* *•••.... .
..............u..>
Ginseng,
Western
....«••*
Madder, Dutch;..'.
gold
Madder,Frem?hr ,.^t....? 44
Nutgnlls.blue Aleppo
OH Fltr>oM«6.degrees)
,\
...
Opium,TurKey.tn bond..
Prusstate
gold.
potash,yellow
1 45
9
,
^
*
,
' f
_
S#
!
I
vs?*-v
IT4
25 9
j*
7
■Peanuts.
9
15V9
2
9
6 87V 9
7
1V9
81V9
■
0^
S'
!
i‘ i
t
:0
30
TJ)!!
-
Dates in;n
11
Figs
Canton Ginger
.
?
;
Georgia, new
Pork, neW’mes*.
^axtra prime..
asa:'-
1, f;
-lOi.
Nominal.
r
44
“
2
..
10
•*
.■a
9
25
40
85
60
80
80
55
85
45
85
1 25
45
70
42
70
f0
85
65
Sup. to fine
10*
16*
-w @iv **
EXifin4-460^#t*-.‘>i^*«i :115
a 1 80
choicest
@
9
$•
35
W
75
25
9
9
a
25
45
60
....
'
.
85
;; 68 9
70
60
160
1 8.5
1K*J
1 15
‘
1
TOBACCO-
7,
,.49 ft
St. Martin
Cadiz. ..*••••«•••••• *
Li vamooi. *«rl<ma sort*. *.,.49
44
28
...A*
4‘
'
21*
17
Mass., wrprs. *72.
18
80
PennsyWahift wrappers. *72 i.
Havana, cbtn.-to fine..•'••■•••••••••••
mannfac’d.In bond, black work.....
.tTm
44 bright work
8
6
1
Clipornlft^rfn’g
unwaahed..
Fine.
Medium
common
South Am.Merino
•
0.
f*.
•••!
9
T5
m
3° 9
SA @
00 •
*BheeVrrf"
*
•••
28
85
sack. 1*65
SALTPETRE— "
Refined, pure. ••v%.w.’»-r»aMt»*****"79ft
33
40
9
2
«
12*@
2
Heavy
85”
Crude..
»V
S75
Nitrate soda*
3*
S. <L*
49 ft.
--J bbl.
goo«la.
3®el y.v*
Pock--
.49 ton.
•
,
*Vf
•*
...**
V
t» <*....
2 6 @30 0
Corn.b’lk Abags. 49 bu»
Wheat, bulk 4
*
■
ft® ST...
4Vft...
86
34
28
82
86
.
‘
87
•35
17
15
...;gold.
Oil
14
4 25
s
x
fsMmioob'
Cotton
Flour
40
«
A
■
v
vr**V * pflAV.
*f°ld* net;
FREIGHTS—
,
.
;
.w/J"*"’’
Brnyrna.iyiwa^hed
7*
..*t@ 6 00.
55
82
62
45
'
m
**-• •
#
4*
nnwpabfd
Cepe GqaAHOpe*ttnwssheO..»
8
8 00
V>
47
t*'
American,Combing..;*
XWAfti
Extra, Pulled
Calif
MW,9,is 00
7V^
46
1 10
18' 9 ;
25 @
A 2
American, Nos. 1
8
.
.
@
@
13 00 @14 50
,18 00; 9 T, 00
00
12
,fT
;
(0
1$
•
Nominal.
7V@
2 87Va
9 10
9 *
,-a
Texas, fine......
| Carolina, fair to prime
1 00
@
9 75
Seed leaf. Conn. A
AfV
'
88
55
•
1
“
85
1 20
iiv
10
,
a
9
8 50
.-i'-M bbl. 2200 022 25
44
Nominal.
V*
nominal
y
4V
K—
48
f5
...gold.
Banca
Straits
English ...; v
1 20
9
so
90
65
Ex. finfttd finest.......
TIN—
! "
;.;.@
....
Choicest
*0
@
a;
9
85
f'•
flnntto^flnest..
do
48
1 15
Superior to fine
Ex
65
25
..•
.-ft 8
46 00
46 00
9
.
Bup’r tcTIIhe
Ex.ftae to finest
Cottoinorfbo talr^,
do
do
do
10
®
,
do
>?!
*87
1 k0 9 ill 25
83 @
84
*
.’•>.* (h,
96
Louisiana new;
J Rangoon, in bond...
,...goM,
Patna, In bond...,••»•••••..gold.
>
GUNNIES.—Seereport uuaer Cotton.
GUNPGWD^RU?^ ,.Or» A
:-
cur.
Imperial. Com. to fair
<*o
8no.to fine
do
Exirtefirte fill Best
Hyson SVn-6tTwanr: ^com..to
Oolong,
BICE-
•
• WS.ft
S
l V*i‘
*,rt'
‘
f|ALT—_
Turks Island
so
....
Crude In shlppltgorder....**.....*.
Refined, standard white
^ROVISIONB-
9. @
^..9
Rmpberries, pew
8SSi?:.ro?!r
:
»»#Wtt?fiWfv4*vV:r
f: r/-
....
.......cur.
Hama,•pickled.;...
JLatrd
»•>
8
Choicest
do
3f\
71(9
.-.gold
.........
mess, new..
hams. naw................
-
Apples* sllcbd,new
Peaches, pared,
V lb.
crx.primed‘y
,
.*
,,
9V@
4^949
22 @
fair,
do
^ SBtrrtb fifti^........
“’Nominal.
do
do
Ex fine to finest
46
Unc01Qrgd J atiattjCowi. totiilr.;....
NT a — 60
J
Betrolbitm—
Crude, in bulk
:H4(@; r.-l«V
11 v@
>12V
do
11*
10*
ow
Gunpowder,Obffi-tofair.:........^.
do
!
•"'
prlnceiS..
ftBf.MB
ef,«»tra
Macaroni, Italian
Domeetto DrieA—
j
1
11
iii*S
1«V9
8uppr.toft.ie
Ex .Tine to finest
j
do
do
:fsW,
^
Lfttdbh; Winter;
17
»y
Hyaon.Conu.to fair
@
do -.‘l*"t***“•••».-;•■*4.
■
»*•-v
JCxtraAne to finest........
j Young
Kdo
9 9
75 «
t ^ »:4.« M •>« *
Neatstoot.....!^.,i,j,..,..
...
Bardinas.W ar box.........
1
• •'c
ILinseed, casks and bbls....
o#«e,
.
ftM
.Whale, bleached Winter
i whale,-Northern;, .’i.v.
Sperm, crude.........
Sperm, blcadhed winter
iHdf
9
•v.*c«r‘
9
10:
.
Mdrihadtfa. prime light.
v.....i.-
>
;/.
11
* ••<-.-. n 1».• *.,-r,«
Sardines, V hi. box.
iiii
2 90
ICotton seed, crude.
loilve, m dasisx *.gall
5 90 @
9
Valencia
Loose Muscatel
Currants.. la*. »*»'■/« * •. .i».«......
Citron, Leghorn
Prunes, Turkish
Virginia;........
Western......
1
Layer
T6liaWfce«;44V*>...**....^.
Wilmington
.Clty,<t^I.
7 /
15 @
•
@
r
4BoP*rlor'tO'"fiT
do
do
T-.
15
A
OAKUM
50,.@ J.1Q0
» @
Naples.........
GrflftJ.1 *. •
;|v@
mmsiB m
rt
H ardT powdered::.
dO f
• i #'••> •'a • • •• •• ••• •
1
do
cfitdoaf.r.
;.
Soft white, A standard, centrlf...
do
.do „oflT A
WhitA extra c i;.
Yellow
do
Other*Y flldw ..*ii*t.*;.«. *... .v....
;
a
do
do
$rihbd».@.7>x», Nfl|. F918..T
/bturtTjhb
THyson, Common to fair
~ @
do
4
George's and Grand Rank cod...;.i. 5 03 9 A 00
14 00 @16 00
No* l.shore; new^.. ...... **^~
9 00 @ 16 06
Mackerel,No. I, Halifax, old
10 00 @ 12 00
Mackerel, No. 1, Bay, old......
Raisins,Seeaiess...
v'-
8*9
\ Western, 49 lb
2 80
6 00
8*9
*
TEA—
62V
m
2 80
’ 4 fO
8V@
/7
••
to choice grocery
pr.
tAT-LOn*—
Prime city, i° *..........
3 25
2 50
5 50
7 25
KWC(l0Cri.
iV'Sfcz;::::
.do
*/lCi«rg
• 9
r-
M softer el,
FRUtT-??
“
**
«
-
FLAX—
North River.
j
do
do
;Pecans
1 50
9
25
Rhubarb, China,good to pr....V tb.
80 9
Sal soda, Newcastle;^*5r,*roM
....9 1 70
70
Rhellac
«3 9
Sodaash
JO (@ 2 40
20
Sngar of lead, white
9
...n..;. .'-I ....@ '/ 10
Vitriol. Wcewcommon,
4.
;
2
2 75
No. 1
• ••l
• •e
fair to g<5od groc€07
Jtp.ftned—Hard, crushed
■
@126$*
2f
.gold.
good & fine
Llcorldd pastet^Oalabrla.... i.:3:*;..
Licorice paste, Slolly .,
37V
“
No.2.....,^..*,
j
pale
44 extra pale
I
NtiTS-^-''* *
iFilberts, Sicily
{ do - Barceloua.
C>5V«
r
Ginseng, Southern
Jalap
......5.....••*)•Lac dye,
1
-
cnr.
...
9
9
!
=
H H
16
10
11
..
prime, refioimL. •
Manila
<
2 25
2 50
....
14V
to'
70
50
@-i
@ i-61
@
83
j8niritAlur*5*tinA-.......fv
^«alLjj 86V
! Rosin com. to good strain’d^1 bbl
;*4V
.jp
do .ft do>lfg»18.
do
do 1P9!0...
do
Porto Rico, reftrflffgTcdrn
pHme.
ado r
<rgr»c*ryvf^ir'tp choice..
.
9
'Tar, Washington
10V
18V
7U.
Ho
-
82
21
a
14
bids Jk jr*s/:, .jl\( .,.*^ 1
MoIaascA* hldx
Melado
Hav’a, Box
:^K9
i
*
48
•.
-
,-ft *
17
’l
•
?
■
9
.
^aVtdf
to com. refining..
fair to good refining
do
do
do
do
88
.
7
Sjmjmfsiffflft p$**rr-
r 86
45
40
73
2 07va
AmerbfArtfiaaSsitrlng.........*w.*.. .v
.,>28
81
86 V
'88
27
2 10
1 08
i American machinery—.........
NAVAL STORES—
75
s 8
87
8
44
Gambler
. ..
•■
44
past India....
"
ITar, Wilmington
j Pitch, city
....
S®6S582KSSkd3'«ai^:-' vsi9
do
do
80
33
81
’> 82
44
.
44
j American cast, Tool
S8,.@.
Wi
I
!
7 75
95
“
choice...........,
9
9
A 1st quality
i American blister
5 SO
7 '5
28V
v
•
MOLASSES—
Cuba, clayed..
>_>«*.
Cuba, 6ehtrlfugal and mixed
do—
43
18
1 06
! English blister, 2d
26 V9
ji.Pr»P®?Mrt!s«¥wm. & l..: 44
Engllah Islands.......
N.Orleam good to prime.,jral.
1 26
3 25
i
25V9
1
••
Porto Rico.
23V
••
.....
•
9
,
tBaa1
,'cast,2dAf st quality.... ..49 Si
English,spring,tfl A 1st.Quality.;....
;6 «2V
.9
-.9
,
/
,22
5 75
■
■
'^do
lOak. rough
Texas, crop
22V9
....
44
dlscountJO • cent
pipe..dlscbutft lO ▼ dent
>.rOUgh.r**;*.• • •
-i‘.:
Slaughter crop
1 18
•_Gin,Swan-mid Swallow...,*,
rdfi
Al..
9
12
Jt..9 D: 11*
...-
pomesticttoUcA'e-^CMli
51
30
16
17
25
gold 50 00 @ 52 00
*v_ California, h.. m
.
’
■
81
33
...9
2 50 9
13V
t.y.v.. <. • 1
\ Hemlock,Buep,A?res.h.* m. A l.cur.
M
..............
DochlnewVfMexlQan
^8 IS
43
17
...
Bar
I Sheet and
22V
....
stems
,
LEATHERt-
8
*•
) J
i>‘
9
r,i.W ^
19
OaJtofSfr,E.JfhfbpndJ^g'ai.'.gdld.
’' M
aoda
Chlorate potash
M *• 7U
Cochineal;Hondara*...U.
**
.nill
:
13
Domestic
:
22V@
6*
SPIRITS—
—
Brandy, foreign brands.:..; V gar.* 8 SYlgr 15 00
I Rum—Jam.,4thipy«of
‘♦A*
giS
@ 5 50
;
8 45 9 8 55
8t. Croix,3d broof...:.....
18V
12
?
O
Caustic
2
Tordlnary;9rPign.„Hv|» l^O^Sjgold
...*@
Bleaching powder
rt
**ii
do
11
LR AD—
15
16
.gold
Cloves
i\l*
....
Bar, Swedes, ordinary sixes ;........l4o 007 &141 P0
904)0--@130-00—
\ Hoop
97^0 @155 00
'Sheet. Rpp.ala.astOjassortl. ,.*gold., ijl5V@r116
(Bheet, single, dotible A treble, com.
'• 4V9
5
9 19 00
82 9
80 9
82 9
....9
........ •;
Bicarb, sodd, Newcastle..
B1 chro. potash. Scotch
« • 5 18V
14
@
li @ 4
9
slangbt..; gold
j Ralls, new, English
6**
18
cnr.
! Scroll
00
6V@
.gold.
/.cur.
Mace,
Store Prices, eac'
m* its
... ,_» .
• •
9
!4 H *
>.
■
*
.....
44
@
......
Ginger African
doT WUUntta.^.i*
is*
**
4*
Foreign
< 25
5 50
5 25
a
Aiiffls£c;i:;£;;:
i -Si
2 » 25~.
do
Batavia
28 9
15
80 00 @ 82 00
Pig, American.No;2
57 0D 9 29 00
a 28 00
Pig, American Forge
Pig, Scotcn,.^1.... mostlybomlDal.
......gold.
Maracaibo ft. 8.* ft 9.9. • • « s u 4 i a. k.1 iiau^Q lid a. .n..@.- jas
Laguayra
,.
.,.goidm
St LiomiiQgo,i........ — it..i*.gtolfl.
19
J6 9
Savanlllft
.............gold..,
19
Costa Rica
...gold.1 17 9
COPPER'
'
{
.............
SaftoH&ixiikoi Ajiik'.WV. i
5 75
4 75
4 SO
»••••••
Pepper, Sumatra
<10—Singapore
| Pig, American* No. 1.
,
m
18*9
Taysaam.Nos. 1 A 2....
Domestic
SPICES—
25*
24V
44
English
..
14V®
9
Bavarian*..
11 00
cannel.
Liverpool house cannel.....
Liverpool
44
California.......
n,.v.
•
18
Belgian
jfjq: @; ,l)8$V
..
.ft'ft1
I
26V
Crop of 1812...........;................
5 10 9 5 15
5 15 @5 20
5 42 V9 5 45
5 90 9 5 92V
;*..r.
10,000tonsjjbpsjnnt....„i
4
Para
Crop of 1874
Crop Of 1871
Aug. 26:
20,000 tons stove
*
IKON--
,
....
—•‘•j
27
-215
25
25
=-ri .245 @r24 9
19 9
44
18 f«r
44
I
85
81
26 i
'
5,000 tons steamboat
10.000 tons grate.
5,000 tons egg.....
u
hops-
18V
12V«
12.,. @
_
) Tsatlee, re-reeled....,
1
2 00
9
Tsatlee, Nos.Tto 3....
"
Texas...
E. I. stock—Calcutta
;
sro
2 06 9 2 07
Flaxseed
Linseed,Calcuttaf* 560>gold (time). ... @ I 82V
fILK-
5X
90
; >
;iSST^“i:±.l^::::r:v “;
! Wet
26
8t%j,e fairies, line
COALAuction sale of Scranton,
@
i
Chill..
1
@12 00
BUTTER—
Half fir’ tcbs.per inv.(NY*N.J.APa.)
Welsh tubs, per lnr.
“
Half Hrf&nbs. per Inw (Western)..*.
Welsh tubs, per inv.,
**
....
f
V
j- •••’
V- a
O HKKS8™
State factory, good toflne..........
*•
Pernambuco
....
PfflfwSlte. English, prime.,..*—
;.'.>(lf^@
••
ft* •••••••
Bahia.
<& 21 00
75 @ !‘v.. '•
.
....@
4,4.
>
Bry Salted—Maracaibo
i
Wofi9-^)d«0d.«OTnife« &:»h.@ k*K :3
Clinch, l to S In. A longer
5 50 @ 6 50
8d flnSt^{.,n.,',i
4*• t^ 00
@*> ii.f
Cut spikes, dll sizes
4 00 9
Painte—LeacLwhlte,Am,pure, in oil.,- JW @
....
IfcSli#fr.VXmer., pure dry. -.Vs.:....«
«K
Zln<vwh., Amer. dry. No. t......
-7V
7 @
Zinc, wh.. Amet.,No.l.in oil
11V9 112
9290 00
9V
I
8V9
gold
Maracaibo.,...
18 00
......
Rio Grande
Orlnoce «. *• e*
California
«
Hemlock boards A planks
do
dodo
do
285 00
”»■
Corrlentes
;
tw
fA 88
■S&S^\\-r:rrr::.=r:i»fi
Sw-uce boards A plan tea.
22 00 @ 20 00
fish—
@800 00
**■.
44
•
Menterldeo
1
1 35
1 60 ' A 1 33
29 30 9 85 00
*:
4*
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Rockland, finDhlng. ....
Lumber— ^ontheru pine
Cubebs,
250 30
HIDES—
t s §s
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...........
Cement— R uwndaie’.
Lime— Rockland, common
10V
10V@
Hemp. forOtf'”<*
Italian
Manila
Sisal
Jute
:
e 18 75
8 75
V.r.*st;.
V ».
k
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Timothy; —9
1 90
American dressed
•
y.
Clover, Western
65
9
«*@
,
•SOTMSftMgfew..,.'::
HoltS
60
HEMP AND JUTE-
•if
rc
BREADSTUFFS—8eespeolal report.
do
ieed—
5 0
HAY—
. ? v t:.*
!
North River.shipping, new.
agfOBBAV T
•
—
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,
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4 a
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25 0
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28C
THE CHRONICLE
Commercial Cards.
Everett &
66 State Street,
Financial.
Co.,
Boston,
AUGUSTUS J. BROWN.
HEARD
Sc
COM
69 Liberty
Street, New York.
SPECIAL ATTENTION GIVEN TO THE NEGOTlA
TION OF
RAILROAD
Chauncey,
COMMISSION
48 South
Sc
KENDALL
WALL STREET, NEW YORK,
PREVOST
Sc
LIMA AND IQUIQUE,
Messrs. JNO. W.
CO.,
Winslow, Lanier & Co.,
BANKER8,
PERU.
LONDON, ENGLAND,
Messrs. JNO. W. CATER Sc
CO.,
LIVERPOOL, ENGLAND
Advance* made on Consignment*
chandise to the above house*.
PINE
97
CATER, SONS Sc CO.,-
corporations and Merchants.
Agents for the sale of City, County, and Railroad
Bonds ; issue Letters of Credit for foreign travel.
LONDON CORRESPONDENTS
of approved mer¬
Co.. Iqniqne, are prepared to give
pedal attention to everything connected with the
purchase and shipment of
Nitrate of Soda.
Messrs. Prevost A
CITY BANK, Threadneedle Street.
H.
Execute Orders
J. Morse & Co.,
PURE
ALL
FOR
PACKER
LARD
CLIMATES.
Hilmers
BROKERS IN
64 Wall
Smith, Baker & Co.,
Special attention paid to the negotiation of Con
Ewen &
MERCHANTS
Yokohama and
Hlogo, Japan.
BANKERS AND BROKERS,
W. B.
W. O. SHELDON.
IiZONABD,
Buy and sell Stocks, Bonds and Gold on commission
66#
W
COR
.
N. T. Beers,
Pine
LIES,
Street.
York.
New
BROOKLYN
BANKERS,
10
John Dwight & Co.,
of
SODA
Slip, New York.
Tne dopoing Trade ONLY Supplied
Olyphant
COMMISSION
&
Co.,
Hong: Kong, Shanghai, Foochow dr
Canton, China.
OLYPHANT Sc
by
Co., of China,
St.,-New York,
Wright, Bliss & Fabyan,
.NEW YORK.
100 Summer street
BOSTON
PHILADELPHIA.
941 Chestnut street
AGENT8
FOR
Pepperell Mfg. Co.,
Bates Mfg, Co,,
Androscoggin Mills,
Laconia Co.,
Continental Mills,
Franklin Co.,
Co.,
'Columbian Mffc. Co.,
Warren Cotton
Renfrew
Company,
Cordis Mills,
Mills, Thorpdlke Co.,
Mfg. Co.,
Rockport S. Mills,
Otis
Otis
Palmer Mills,
Boston Duck Co,
Company Hosiery,
Lowell Hosiery
Co.,
Troy Manufacturing Co.,
ORIENTAL PRINT WORKS,
-
■
•
•
Broker, 78 Broadway.
OTIS,
PLACE,
City Railroad
and Gas
Stocks,
Specialty for 18 Years,
See quotations
of M Local Securities” in this paper.
Day &
Storrs,
BANKERS,
16 WALL
STREET, NEW YORK,
Accounts received, and interest allowed on
according to the nature of the account.
deposit
Special attention paid to investment orders In Stock
Advances made on the same if desired.
ALBERT F. DAY.
JOHN G. STORRS,
Member of N. Y. Stock Exchange.
Gas Stocks for Sale.
Harlem at 135.
Now York Mutual at 83 1-3,
INSURANCE
Fyshe
Sc
Comings,
31 WALL
STREET, N. Y.
8TOCKS, GOLD A EXCHANGE BOUGHT A SOLD
Loans Negotiated,
STRICTLY
ON
COMMISSION.
All orders will receive
prompt attention.
Thos Ftshx,
W. L. Coming*,
Late one of the Agents of
Member of N. Y. Stock
be Bank of Brit. No. America. A Gold Exchanges.
BANKING HOUSE OF
Livingston & Company,
Street, New York.
Specially organized for the busiress of out-of-town
Banks, Bankers, Corporations and Individuals. Like
an Incorporated Bank, grant* all facilities usual with
City Bank*. Drafts on all the principal cities ol
Europe. 5 per cent interest allowed on daily balances.
Collections on New England and Middle States credit¬
ed at par for Correspondents. Accounts current ren¬
dered weekly. Special facilities for the negotiation
of Miscellaneous Securities.
Lawrence Brothers & Co.
BANKERS,
16 Wall Street,
BUY AND SELL,
New York,.
STRICTLY ON COMMISSION
STOCKS, BONDS AND GOLD.
INTEREST ON DEPOSITS
STOCKS
BOUGHT
GOLD and STOCKS bought and sold EXCLUSIVE¬
LY on Commission, on TELEGRAPHIC or personal
orders. Commissions 1-16 of 1 per cent. MARGINS
TEN per cent on Gold and TWENTY on Stocks.
Gold orders executed in the Board in person.
10 Pine
Pntnam Mfg.
YORK*
CHARLES
AND
8AMUEL
M.
AND
SCRIP,
SOLD.
SMITH,
No. 71 Wall Street.
Davidson &
Jones,
BANKERS,
Stock, Gold and Exchange Brokers,
104 Wall
71 A 73 Thomas street,)
and
>•
117 A 119 Doane street,)
Bonds.
(ESTABLISHED 1865.)
MERCHANTS,
Rkfrxskntxd
STREET,
and Bonds.
Railroad and Investment Stocks and
John A. Macpherson,
Aim
SALERATUS,
No. 11 Old
2# WALL STREET.
Dealer in Gas,
MANUFACTURERS OF
SUPER-CARBONATE
WALL
NEW
Jr.,
STOCKS,
6X0. X. HOWXLL.
Leonard, Sheldon &Co.,
Broadway and 31 New Street,
Interest allowed on deposits.
REPRESENTED BY
E.
Tuttle,
>
mercial bills.
Member Stock A Gold Exch. Member Stock Exchange
No. 63
COMMISSION
Street, New York,
47 EXCHANGE
NE-W YORK.
AND GOLD
(P. O. BOX 2J47.)
William P. Tuttle,
Bwxn.Jb.,
a
McGowan,
FOREIGN EXCHANGE
OF LARD OIL AND STEARINS.
ESTABLISHED 1841.
&
H.J. Moasx,
A. B.Lounsbrbt,
Member N. Y. Stock Exch. Late Cash. Devoe Mfg Co
John
PROVISION DEALERS AND MANUFACTURERS
Receive Deposit
favoriible terms, and do
on
KING, HAMILTON Sc CO,, Calcutta.
No.
New York,
all Points.
KING, KING Sc OO., Bombay.
66 BROADWAY A 19 NEW STREET
COMPANY.
&
on
General London and Foreign Banking Business.
•BANKERS,-
JEWELL,HARRISON
against
nse
the London Stock Exchange.
on
Make Collections
STREET, NEW YORK,
Receive the accounts of interior banks, tankers
CREDITS for
Consignments of Merchandise.
BOSTON,
CO.,
VALPARAISO, CHILL
Messrs.
COMPANY,
free of charge, available
in all parts of the world.
and Current Accounts
BARING BROTHERS Sc
38 STATE STREET
Messrs.
W^ARD,
FOB
AGRXT8
63
AGENTS FOR
SECURITIES.
S# G. & G. C.
MERCHANTS,
Street, New York,
London, England,
Grant COMMERCIAL
chandize.
Fabbri &
46 Pall Mall,
Issue CIRCULAR NOTES
consignment* of approved mer¬
on
WALSTON H. BROWN.
BANKERS,
OF CHINA AND JAPAN.
Advance* made
Financial
Aug. J. Brown & Son, Henry S. King & Co.,
BANKERS,
AGENTS FOR
AUGUSTINE
(September 12,1.874.
69 and 61
Wall Street,
BUY AND SELL STOCKS, GOLD AND GOVERN¬
MENT SECURITIES ON COMMISSION.
Stocks carried on margin. Deposits received, sub¬
ject to check At sight, on which 4 per cent Interest
allowed.
Francis T. Walkxx, Special. Josiah B. Gbxknkam.
John M. Clark, Member of Stock Exchange.
Francis T. Walker & Co.
—19
WALL
STREET,——
Transact a General Stock Commission and Banking
Basin ess.
7 to 12
Per Cent.
We make a SPECIALTY of County, City and Schoo
District Bonds. GUARANTEE LEGALITY of all
bonds sold, collect the coupons without charge, or
take same as so much cash on sales. BT Send for
price list.
Op MUNICIPAL BONDS
THE LAW
jost publlshed
should
by^our
be in the
hands
thissenior,
class of
securities.
Two
Vol
of all interested
nines,
price $10.
W. N. COLER Sc
CO., Bankers,
SC, Now York
17 Nassau
@FedFRASER